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Exelon Corp (EXC.N)

EXC.N on New York Stock Exchange

7 Dec 2016
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$0.48 (+1.45%)
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Latest Key Developments (Source: Significant Developments)

Exelon Corp - Washington's mayor, counsel, reject revision of Exelon deal for Pepco - Reuters
Tuesday, 1 Mar 2016 05:36pm EST 

Exelon Corp:Washington Mayor Muriel Bowser and the city's Office of the People's Counsel both said that they would oppose changes that the city's Public Service Commission made to a pact that would allow Exelon Corp's deal to buy Pepco Holdings Inc, dealing a tough blow to the gigantic deal - RTRS.Exelon and Pepco have won agreement from Delaware, Maryland, New Jersey, Virginia and the U.S. Federal Energy Regulatory Commission but Washington DC has thus far declined to approve it.The D.C. Public Service Commission had rejected the deal in August 2015 but agreed to reconsider it after Bowser and others negotiated $78 million payment for Washington, including ratepayer assistance and other guarantees.On Friday, Washington's PSC rejected that proposal but offered its own revisions. Bowser and People’s Counsel Sandra Mattavous-Frye rejected the proposed changes on Tuesday.Mattavous-Frye said she was perturbed at a part of the revision that removed a guarantee of no rate increases for residents until March 2019. "The commission has taken a principal benefit of the merger away from residential electricity customers," she said in a statement.Bowser agreed, saying: "The PSC's counterproposal guts much needed protections against rate increases for DC residents and assistance for low-income DC rate payers. That is not a deal that I can support." Exelon said that talks were continuing.  Full Article

Exelon Corp gives FY 2016 earnings guidance
Wednesday, 3 Feb 2016 08:00am EST 

Exelon Corp:Expects FY 2016 adjusted (non-GAAP) operating earnings of $2.40 to $2.70 per share.  Full Article

Exelon Corp says small fire put out at Three Mile Island, Pa. plant - Reuters
Monday, 5 Oct 2015 08:00pm EDT 

Exelon Corp:Exelon Corp EXC.N on Tuesday confirmed a small, brief fire was extinguished at its Three Mile Island nuclear power plant in Pennsylvania on Monday night - Reuters.The fire, which was caused by an overheated motor that circulates water to cool plant equipment, did not impact the 805-megawatt Unit 1, which remains at full power, the company said - Reuters."The event did not pose a threat to public health or safety," the company said, adding that the fire was put out by its on-site fire brigade without offsite assistance - Reuters.  Full Article

Exelon Corporation narrows FY 2015 operating earnings guidance
Wednesday, 29 Jul 2015 08:00am EDT 

Exelon Corporation:Says that it is narrowing FY 2015 operating earnings guidance to $2.35 to $2.55 per share.  Full Article

Exelon Corp declares quarterly dividend
Tuesday, 28 Jul 2015 12:17pm EDT 

Exelon Corp:Declared regular quarterly dividend of $0.31 per share on Exelon's common stock.Says dividend is payable on Sept. 10, to shareholders of record of Exelon on Aug. 14.  Full Article

City of Cleveland Selects Exelon Corp's Constellation as Electricity Supplier
Friday, 26 Jun 2015 09:58am EDT 

Exelon Corporation:Constellation, a subsidiary of Exelon Corporation and a longtime competitive energy supplier in Ohio, says that it has been selected by the City of Cleveland, Ohio.Selected to provide fixed-price electricity supply following a competitive bidding process under the state's electricity choice, governmental aggregation program.Electricity supply agreement will provide price protection and 24-hour customer service to more than 60,000 Cleveland-area residents and small businesses.Says program also supports the development of renewable energy resources through a 50 percent renewable energy mix through renewable energy credits (RECs).Electric service under the new agreement is scheduled to begin with Aug. 2015 meter reads and continue through July 2017.  Full Article

Exelon Corp completes debt offering-Form 8-K
Thursday, 11 Jun 2015 03:29pm EDT 

Exelon Corp:Completed a $4.2 billion debt offering.The company intends to use the net proceeds from the Notes to finance a portion of the acquisition of Pepco Holdings, Inc., a Delaware corp, with any remaining balance of the net proceeds to be used for general corporate purposes.  Full Article

Exelon Corp gives Q2 2015 EPS guidance in line with analysts' estimates; Reaffirms FY 2015 EPS guidance - Conference Call
Wednesday, 29 Apr 2015 11:00am EDT 

Exelon Corp:Provides Q2 2015 guidance of $0.45 per share to $0.55 per share.Reaffirms FY 2015 guidance of $2.25 to $2.55 per share.Q2 2015 EPS of $0.52 - Thomson Reuters I/B/E/S.FY 2015 EPS of $2.43 - Thomson Reuters I/B/E/S.  Full Article

Exelon Corporation declares dividend
Tuesday, 28 Apr 2015 02:19pm EDT 

Exelon Corporation:Declared a regular quarterly dividend of $0.31 per share on Exelon's common stock.Payable on June 10 to shareholders of record of Exelon as of 5:00 p.m. New York Time on May 15.  Full Article

ForceField Energy Inc's ESCO subsidiary expands channel partner agreement with Exelon Corporation's Constellation
Thursday, 5 Mar 2015 07:30am EST 

ForceField Energy Inc:Says that its ESCO Energy Services (ESCO) subsidiary will be expanding its relationship with Constellation, a subsidiary of Exelon Corporation.Says as one of Constellation's longest serving and most accomplished Channel Partners, ESCO has provided comprehensive turn-key energy efficiency services encompassing 25 projects totaling over $5 mln and providing over 9,000,000 kilowatt hours in annual energy savings.  Full Article

TIMELINE-Entergy N.Y. Indian Point nuclear plant relicensing

Nov 23 - Entergy Corp said on Wednesday it will pursue various options to renew licenses to operate its Indian Point nuclear power plant for another two decades after New York's highest court ruled against the company this week.