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Stock Market & Financial Investment News

News Breaks
January 11, 2013
07:09 EDTPOMPepco Holdings downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse downgraded Pepco Holdings due to headwinds from rate case schedules following the unexpected negative LILO decision against ConEd. Price target lowered to $20.50 from $23
News For POM From The Last 14 Days
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October 22, 2014
09:17 EDTPOMPepco Holdings enters into license agreement to deploy solution from Landis+Gyr
Pepco Holdings has entered into an enterprise-wide license agreement to deploy a comprehensive grid analytics solution from Landis+Gyr across its service territories. The analytics package includes a suite of applications aimed at enhancing asset life, reliability and distribution system optimization. PHI's operating companies, including Pepco, Delmarva Power and Atlantic City Electric, will deploy six different analytics applications for visulization, planning and real-time operational analytics support.
October 9, 2014
15:10 EDTPOMExelon, Pepco receive DOJ requests for additional information
Exelon (EXC) disclosed in a regulatory filing that on October 9 the company and Pepco Holdings (POM) each received a request for additional information from the Department of Justice regarding the companies' planned merger. "The request for additional information has the effect of extending the DOJ review period until 30 days after each of PHI and Exelon has certified that it has substantially complied with the request. Exelon and PHI will continue to work cooperatively with the DOJ as it conducts its review of the proposed merger. Exelon and PHI continue to expect to complete the merger in the second or third quarter 2015," Exelon stated.
October 8, 2014
14:01 EDTPOMVirginia SCC approves merger of Exelon, Pepco Holdings
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