Key Developments: Exelon Corp (EXC)
34.99USD
20 May 2013
$-0.16 (-0.46%)
$35.15
$35.21
$35.38
$34.93
4,986,135
6,404,123
$39.82
$28.40
Latest Key Developments (Source: Significant Developments)
Exelon Corp Issues Q2 2013 EPS Guidance In Line With Analysts' Estimates; Reaffirms FY 2013 EPS Guidance-Conference Call
Exelon Corp announced that for second quarter of 2013, it expects earnings per share (EPS) in the range of $0.50-0.60. The Company reaffirmed fiscal 2013 adjusted (non-GAAP) operating earnings of $2.35 to $2.65 per share (EPS). According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.54 for second quarter of 2013 and EPS of $2.49 for fiscal 2013. Full Article
Exelon Corp Declares Dividend
Exelon Corp announced that it has declared a regular quarterly dividend of $0.31 per share on Exelon`s common stock. This amount reflects the changes to the dividend policy announced previously and approved by the board in the first quarter of 2013. Full Article
Exelon Corp Declares First Quarter 2013 Dividend
Exelon Corp announced that Board of Directors declared the first quarter 2013 dividend of $0.525 per share and approved a revised dividend policy going forward. The first quarter dividend is payable on March 8, 2013, to shareholders of record at 5 p.m. EST on February 19, 2013. Full Article
Exelon Corp Issues FY 2013 EPS Guidance
Exelon Corp announced that it is introducing a guidance range for fiscal 2013 adjusted (non-GAAP) operating earnings of $2.35 to $2.65 per share (EPS). Full Article
Electricite de France SA Sells Its Exelon Corp Stake-Reuters
Reuters reported that Electricite de France SA has sold its entire 1.6% stake in Exelon Corp for USD 470 million. The deal was made at an average selling price of USD 34.70 per share. Full Article
U.S. Defense Logistics Agency Selects Exelon Corp's Constellation To Provide Electricity Supply For D.C. Area Navy Facilities
Exelon Corp's Constellation announced that it has been selected for an estimated $46.8 million electricity supply contract by the U.S. Defense Logistics Agency (DLA) following a competitive bidding process. Under the terms of the two-year agreement, Constellation will supply up to 780,600 megawatt-hours of electricity to six, D.C. area Navy facilities, beginning in December 2012. The DLA contract will supply electricity to Navy facilities including Joint Base Anacostia Bolling, Naval Maritime Intelligence Center, Naval Surface Warfare Center Carderock, the Navy Medical Center Bethesda, the U.S. Naval Observatory Washington and Washington Navy Yard. Full Article
Exelon Corp Completes Sale Of Maryland Coal Plants To Raven Power Holdings LLC
Exelon Corp announced that it has completed the sale of its three Maryland coal-fired power plants to Raven Power Holdings LLC (Raven Power), a new portfolio company of Riverstone Holdings LLC. The sale fulfills Exelon`s commitment to divest the plants as part of its merger with Constellation. Under the agreement announced August 9, 2012, Raven Power will maintain jobs with comparable pay and benefits for employees at the plants. The three plants, known collectively as Maryland Clean Coal, include: Brandon Shores, Pasadena, Md.: 1,273 MW of installed capacity, two units (coal) C.P. Crane, Middle River, Md.: 399 MW installed capacity, three units (coal and oil) H.A. Wagner, Pasadena, Md.: 976 MW installed capacity, five units (coal, natural gas and oil) The sale was required by the Federal Energy Regulatory Commission, U.S. Department of Justice and the Maryland Public Service Commission as part of Exelon`s merger agreement. Full Article
Exelon Corp Reaffirms FY 2012 EPS Guidance-Conference Call
Exelon Corp announced that for fiscal 2012, it is revising its guidance range for adjusted (non-GAAP) operating earnings to $2.75 to $2.95 per share. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.84 for fiscal 2012. Full Article
Exelon Corp Raises FY 2012 EPS Guidance
Exelon Corp announced that for fiscal 2012, it is revising its guidance range for adjusted (non-GAAP) operating earnings to $2.75 to $2.95 per share. Full Article
Exelon Corp Sells Stake In Five California Power Plants-Reuters
Reuters reported that Exelon Corp sold stakes in five California power plants, acquired as part of its merger with Constellation Energy Group, to Japan's IHI Corp. The two coal-powered and three biomass-based plants - with a total generation capacity of 70 megawatts (MW) - came into Exelon's fold following the completion of the Constellation deal in March. IHI acquired Exelon's 50% stake in four power plants and 45% stake in one plant. Financial terms of the deal were not undisclosed. Full Article
Exelon Illinois LaSalle reactors 1 And 2 ramped up early Wed.
May 1 - Exelon Corp's 1,118-megawatt Unit 1 at the La Salle nuclear power plant in Illinois ramped up to 70 percent power early Wednesday from 22 percent power Tuesday, the U.S. Nuclear Regulatory Commission said in a report.
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