ComEd Launches Power Line Safety Awareness Campaign
BusinessWire - Fri Jun 24, 1:00PM CDT
ComEd is launching a public awareness campaign to warn customers about the dangers of working around overhead power lines, as part of National Safety Month and its ongoing efforts to promote customer safety when working around electrical equipment.
EXC: 34.39 (-0.56)
Exelon (EXC) Takes Formal Steps to Close 2 Nuclear Units
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 9:46AM CDT
Exelon Corporation (EXC) has taken formal steps to shut down its two loss making Clinton and Quad Cities nuclear power units.
EXC: 34.39 (-0.56), CNP: 23.34 (-0.15), DTE: 95.58 (+1.52), BKH: 61.88 (-0.08)
Exelon Notifies Nuclear Energy Regulator of Plans to Close Clinton and Quad Cities
BusinessWire - Wed Jun 22, 10:26AM CDT
Exelon Generation earlier this week formally notified the Nuclear Regulatory Commission (NRC) of plans to retire the Clinton and Quad Cities nuclear stations in 2017 and 2018, respectively. This marks the first of several procedural notifications Exelon will make in the coming months to inform regulators, grid operators and state agencies of the plant retirements.
EXC: 34.39 (-0.56)
Exelon (EXC) Unit to Issue $1.2B Bonds to Refinance Debts
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 10:08AM CDT
Exelon (EXC) unit will issue $1.2 billion bonds to refinance existing debts and use the balance for general corporate purposes.
AVA: 42.56 (+0.37), EXC: 34.39 (-0.56), CNP: 23.34 (-0.15), DTE: 95.58 (+1.52)
PG&E Corporation to Close Last Nuclear Plant in California
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 8:44AM CDT
PG&E Corporation (PCG) reached an agreement with environmental and labor groups to shut down California's last nuclear plant, Diablo Canyon.
ETR: 77.99 (-0.30), AGR: 43.55 (-0.26), PCG: 62.66 (+0.53), EXC: 34.39 (-0.56)
ComEd Announces $1.2 Billion Bond Sale
BusinessWire - Tue Jun 21, 4:01PM CDT
ComEd announced that it has priced $1.2 billion aggregate principal amount of its First Mortgage Bonds, comprised of $500 million 10-year bonds and $700 million 30-year bonds maturing on June 15, 2026 and June 15, 2046, respectively. The 10-year bonds have a coupon of 2.550 percent and the 30-year bonds have a coupon of 3.650 percent. ComEd will use the net proceeds from the sale of the bonds to refinance outstanding principal amounts of long term debt, repay a portion of our outstanding commercial paper obligations and for general corporate purposes. The sale is scheduled to close on June 27, 2016.
EXC: 34.39 (-0.56)
Entergy (ETR) Unit Back to Service after Planned Outage
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 9:50AM CDT
Entergy Corporation's (ETR) Indian Point Unit 2 nuclear plant has returned to service after a $120 million planned refueling outage.
ETR: 77.99 (-0.30), AGR: 43.55 (-0.26), EXC: 34.39 (-0.56), SPKE: 32.02 (-0.81)
Exelon Falls 1.46% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Tue Jun 14, 2:14PM CDT
Exelon (NYSE:EXC) traded in a range yesterday that spanned from a low of $33.75 to a high of $34.44. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $34.33 on volume of 2.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
EXC: 34.39 (-0.56)
Hiring club shooter not first blunder for security company
By LEONORA BECK and MICHAEL LIEDTKE - AP - Tue Jun 14, 12:06PM CDT
LONDON (AP) — The security company that employed the shooter in the Orlando nightclub massacre has been tarred by a series of blunders and scandals that have raised questions about its competency and ethics.
EXC: 34.39 (-0.56), EXCU: 47.53 (-0.29)
Exelon Utilities Ready for Summer Heat and Storms
BusinessWire - Tue Jun 14, 10:00AM CDT
With forecasts calling for a higher number of severe storms this summer, Exelon's six utilities have taken action to prepare, implementing a comprehensive and coordinated plan to be ready for severe storms and high temperatures. All of the Exelon utilities have invested substantially in smart grid and storm-hardening programs to help prevent power outages and restore service faster when they do occur, in addition to sharing best practices and resources across the company.
EXC: 34.39 (-0.56)
Pepco Deal Closed, Exelon Grows and Shifts Its Capital Spending Plan, an Industrial Info News Alert
Marketwire Canada - Tue Jun 14, 6:30AM CDT
SUGAR LAND, TX--(Marketwired - Jun 14, 2016) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The recent decision by Exelon Corporation (NYSE:EXC) (Chicago, Illinois) to prematurely close two nuclear plants in Illinois that operate as merchant generators is the latest sign of the difficulties facing merchant nuclear Power plants. And it may be a harbinger of things to come for the Illinois-based company, which operates more nuclear generation than any other U.S. utility. With market rules limiting the potential profitability of merchant generation, mostly because those generators typically do not receive capacity payments, Exelon plans to invest more heavily in its electric and gas transmission and distribution (T&D) businesses than its merchant power-generation business.
EXC: 34.39 (-0.56)
Black & Veatch Stakes Out Role in Changing Energy Landscape With LNG, Coal Retrofit Projects, an Industrial Info News Alert
Marketwire Canada - Tue Jun 14, 6:15AM CDT
SUGAR LAND, TX--(Marketwired - Jun 14, 2016) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The recent decision by Exelon Corporation (NYSE:EXC) (Chicago, Illinois) to prematurely close two nuclear plants in Illinois that operate as merchant generators is the latest sign of the difficulties facing merchant nuclear Power plants. And it may be a harbinger of things to come for the Illinois-based company, which operates more nuclear generation than any other U.S. utility. With market rules limiting the potential profitability of merchant generation, mostly because those generators typically do not receive capacity payments, Exelon plans to invest more heavily in its electric and gas transmission and distribution (T&D) businesses than its merchant power-generation business.
EXC: 34.39 (-0.56)
Orlando shooter worked for security firm tainted by blunders
By LEONORA BECK and MICHAEL LIEDTKE - AP - Mon Jun 13, 6:22PM CDT
LONDON (AP) — The security company that employed the shooter in the Orlando nightclub massacre has been tarred by a series of blunders and scandals that have raised questions about its competency and ethics.
EXC: 34.39 (-0.56), EXCU: 47.53 (-0.29)
If You Seek a Stable Portfolio, Utilities Are a Must
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 3:01PM CDT
If You Seek a Stable Portfolio, Utilities Are a Must
Builders and Raters of Energy-Efficient New Homes in Maryland Honored by BGE
BusinessWire - Mon Jun 13, 11:44AM CDT
BGE recently cohosted the 2016 Homebuilder and Rater Awards to recognize efforts to support the ENERGY STAR for New Homes program. Along with Maryland utilities Potomac Edison, SMECO and sister Exelon utilities Pepco and Delmarva Power, BGE spotlighted leaders in building and certifying ENERGY STAR certified new homes.
EXC: 34.39 (-0.56)
After Yesterday's Decline of 1.85%, Exelon Offers Investors Better Value
Comtex SmarTrend(R) - Fri Jun 10, 2:29PM CDT
Exelon (NYSE:EXC) traded in a range yesterday that spanned from a low of $34.48 to a high of $35.20. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $34.60 on volume of 2.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
EXC: 34.39 (-0.56)
Watch for Exelon to Potentially Rebound After Falling 1.85% Yesterday
Comtex SmarTrend(R) - Fri Jun 10, 2:27PM CDT
Exelon (NYSE:EXC) traded in a range yesterday that spanned from a low of $34.48 to a high of $35.20. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $34.60 on volume of 2.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
EXC: 34.39 (-0.56)
Mike Kormos Joins Exelon as Senior Vice President of Wholesale Markets and Energy Policy
BusinessWire - Fri Jun 10, 9:57AM CDT
Exelon today announced that it has named Mike Kormos as senior vice president of Wholesale Markets and Energy Policy, effective June 13. Kormos joins Exelon following a 27-year career with PJM, where he most recently served as executive vice president and chief operations officer.
EXC: 34.39 (-0.56)