ADVFN - Advanced Financial Network.
HOME» NYSE » E » EXC Stock Price » EXC Stock News

Exelon Share News

 Exelon Corp. Stock Price
EXC Stock Price
 Exelon Corp. Stock Chart
EXC Stock Chart
 Exelon Corp. Stock News
EXC Stock News
 Exelon Corp. Company Information
EXC Company Information
 Exelon Corp. Stock Trades
EXC Stock Trades

Constellation To Pay $245 Million To Settle FERC Claims

DOW JONES NEWSWIRES Constellation Energy Group Inc. (CEG) said it will pay $245 million to settle claims from the Federal Energy Regulatory Commission related to certain energy-trading transactions in New York wholesale energy markets. The FERC alleged that Constellation manipulated the market by scheduling phsyical flows among several independent system operators to benefit the company's financial positions from September 2007 to December 2008. The power company will pay a $135 million civil penalty and $110 million in disgorgement. Of the disgorgement amount, $6 million will be given to regional grid operators to improve their surveillance and analytic capabilities, while the remaining amount will be deposited in a fund administered by a FERC administrative law judge. "We believe Constellation's trading practices in question were lawful portfolio risk management transactions," said Chief Executive Mayo A. Shattuck III. "The company admits to no wrongdoing in this case." The company noted it has implemented several measures to enhance its trading policies and practices since 2008. Earlier Friday, FERC approved Constellation's proposed merger with Exelon Corp. (EXC). Last month, Constellation Energy said it swung to a fourth-quarter loss as it reported struggles in its generation business and increased losses at its NewEnergy retail operations. Constellation's shares fell by 24 cents to $35.91 after hours. Through the close, the stock is down 8.9% so far this year. -By Nathalie Tadena, Dow Jones Newswires; 212-416-3287; [email protected]

Stock News for Exelon (EXC)
DateTimeHeadline
01/19/201713:46:00BGE Economic Impact Exceeds $5 Billion
01/18/201716:30:00Constellation and Mohave Electric Cooperative Complete 13.8 Megawatt...
01/18/201708:00:00RES Announces Substantial Completion of 198 MW Bluestem Wind...
01/12/201715:21:00PECO Inspecting 39,000 Poles to Ensure Reliable Electric Service
01/11/201710:15:00Exelon Appoints Thomas S. O’Neill as Senior Vice President a...
01/06/201713:14:00Applications Now Available for BGE Scholarships
01/04/201711:00:00Jean Medina Appointed to Lead Exelon Corporate Communications
12/28/201612:24:00Nearly 1,200 System Projects Completed to Enhance Natural Gas...
12/20/201612:14:00Exelon Ranks First among Utilities on Inaugural “JUST 100” Lis...
12/19/201610:00:00PECO Completes $32 Million Substation in Marcus Hook to Support...
12/19/201609:00:00Exelon Adopts Industry-Leading Family Leave Benefits for Parents...
12/16/201611:44:00ComEd’s Energy Efficiency Program Saves Customers More Than...
12/14/201612:00:00Exelon Recognized for Transparency in Environmental Practices...
12/14/201611:57:00Future Energy Jobs Bill Already Delivering Job Growth, Economic...
12/13/201614:51:00ComEd Helps Set the Stage for a Happy Holiday Season with Safety...
12/13/201612:20:00ComEd Volunteers Spark the Holiday Spirit with ‘12 Days of P...
12/08/201611:29:00PECO Ensures Safe & Reliable Electric Service at Philadelphia...
12/07/201611:15:00Exelon Commits to White House Equal Pay Pledge to Promote Gender...
12/07/201610:43:00Governor Rauner Joins Hundreds of Community Members, Local Bus...
12/07/201609:30:00BGE Customers Have Installed 25 Million LED and CFL Light Bulbs...

Exelon and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US