Utilities Merger Looks More Promising (EXC, NRG)
In mid-October, Exelon Corporation (NYSE:EXC) offered to acquire NRG Energy, Inc. (NYSE:NRG) in an all-stock deal at a fixed exchange ratio of 0.485 shares of Exelon stock for each share of NRG…
In mid-October, Exelon Corporation (NYSE:EXC) offered to acquire NRG Energy, Inc. (NYSE:NRG) in an all-stock deal at a fixed exchange ratio of 0.485 shares of Exelon stock for each share of NRG…
Exelon Corporation (NYSE:EXC) rose nearly 1.5% yesterday after the company reported fourth quarter 2008 EPS of $1.07, up from $0.84 in 2007. Full-year revenue of $18.86 billion was almost $1 billion higher…
UniStar Nuclear Energy, a joint venture between Electricite de France (EDF) and Constellation Energy Group Inc. (NYSE:CEG), and PPL Corporation (NYSE:PPL), a UniStar partner, have passed the first regulatory review on the…
NRG Energy, Inc. (NYSE:NRG) responded to yesterday’s announcement by hostile suitor Exelon Corporation (NYSE:EXC) that Exelon had filed for Hart-Scott-Rodino approval of its proposed merger with NRG. The response is nothing more…
Alliant Energy Corp. (NYSE:LNT) this morning released financial guidance for 2009. The company also noted that it has reached an agreement with the state of Wisconsin on a rate case settlement that…
It took NRG Energy (NYSE:NRG) almost two weeks to figure out that shareholders should reject the exchange offer from Exelon Corporation (NYSE:EXC). That’s odd because NRG had already rejected the same offer…
Exelon Corporation (NYSE:EXC) has officially kicked off its unsolicited takeover of NRG Energy (NYSE:NRG). We reported the details yesterday. Exelon needs to receive a majority of NRG’s shares outstanding (about 233 million…
On Monday, NRG Energy (NYSE:NRG) management rejected an unsolicited buyout offer from Exelon (NYSE:EXC) that would have exchanged one share of NRG for 0.485 shares of Exelon. Exelon probably didn’t expect a…
About three weeks ago, NRG Energy Inc. (NYSE: NRG) received a buyout offer from Exelon Corporation (NYSE: EXC). The deal would have exchanged one share of NRG stock for 0.485 shares of…
These are some of the top pre-market analyst downgrades and negative calls we are seeing from Wall Street this Tuesday morning: CNOOC (CEO) Cut to Hold at Deutsche bank. Excelon (EXC) Cut…
Nokia (NOK) Company says its market share will drop. Shares fall to $19.25 from 52-week high $42.22. Exelon (EXC) Weal guidance. Sells off to $65.40 from 52-week high of $92.13. Silver Standard…
Electric utility Exelon (NYSE:EXC) this morning revised guidance for 2008 to a range of $4.15 – $4.30 per share from $4.00 – $4.40 per share. That’s measured on non-GAAP operating earnings; on…
These are the top upgrades and positive analyst calls we are seeing this Thursday morning: Alliance Data (ADS) Started as Buy at B of A. AuthenTec (AUTH) Started as Buy at S&P…
These are ten of the analyst calls we are focusing on this Tuesday morning: AGCO Corp. (NYSE: AG) Raised to Outperform from Neutral at Credit Suisse. American Axle (NYSE: AXL) raised to…
These are not all of the analyst calls out there affecting shares, but these are the top 10 analyst we are focusing on this Monday morning: Anglogold (NYSE: AU) Raised to Buy…