ticker,date,open,high,low,close,news
EXC,1973-05-02,0.0,7.98,7.98,7.98,
EXC,1973-05-03,0.0,8.02,7.98,7.98,
EXC,1973-05-04,0.0,8.02,7.98,8.02,
EXC,1973-05-07,0.0,8.07,7.98,8.02,
EXC,1973-05-08,0.0,8.07,7.98,8.02,
EXC,1973-05-09,0.0,8.07,8.02,8.02,
EXC,1973-05-10,0.0,8.07,8.02,8.02,
EXC,1973-05-11,0.0,8.07,8.02,8.02,
EXC,1973-05-14,0.0,8.07,7.98,7.98,
EXC,1973-05-15,0.0,8.02,7.94,7.98,
EXC,1973-05-16,0.0,7.98,7.94,7.94,
EXC,1973-05-17,0.0,7.98,7.94,7.94,
EXC,1973-05-18,0.0,7.98,7.85,7.94,
EXC,1973-05-21,0.0,7.94,7.8,7.94,
EXC,1973-05-22,0.0,8.07,7.85,7.98,
EXC,1973-05-23,0.0,7.98,7.85,7.94,
EXC,1973-05-24,0.0,8.02,7.85,8.02,
EXC,1973-05-25,0.0,7.89,7.76,7.8,
EXC,1973-05-29,0.0,7.89,7.8,7.85,
EXC,1973-05-30,0.0,7.85,7.62,7.67,
EXC,1973-05-31,0.0,7.76,7.62,7.67,
EXC,1973-06-01,0.0,7.76,7.67,7.76,
EXC,1973-06-04,0.0,7.76,7.71,7.71,
EXC,1973-06-05,0.0,7.76,7.67,7.67,
EXC,1973-06-06,0.0,7.8,7.71,7.8,
EXC,1973-06-07,0.0,7.8,7.71,7.8,
EXC,1973-06-08,0.0,7.85,7.71,7.71,
EXC,1973-06-11,0.0,7.8,7.71,7.76,
EXC,1973-06-12,0.0,7.8,7.76,7.8,
EXC,1973-06-13,0.0,7.8,7.76,7.8,
EXC,1973-06-14,0.0,7.85,7.76,7.85,
EXC,1973-06-15,0.0,7.85,7.76,7.76,
EXC,1973-06-18,0.0,7.76,7.67,7.71,
EXC,1973-06-19,0.0,7.8,7.71,7.71,
EXC,1973-06-20,0.0,7.76,7.67,7.76,
EXC,1973-06-21,0.0,7.76,7.67,7.67,
EXC,1973-06-22,0.0,7.76,7.67,7.67,
EXC,1973-06-25,0.0,7.67,7.58,7.62,
EXC,1973-06-26,0.0,7.62,7.53,7.53,
EXC,1973-06-27,0.0,7.62,7.49,7.53,
EXC,1973-06-28,0.0,7.62,7.49,7.58,
EXC,1973-06-29,0.0,7.71,7.58,7.67,
EXC,1973-07-02,0.0,7.67,7.58,7.62,
EXC,1973-07-03,0.0,7.62,7.53,7.62,
EXC,1973-07-05,0.0,7.67,7.53,7.67,
EXC,1973-07-06,0.0,7.67,7.58,7.58,
EXC,1973-07-09,0.0,7.62,7.53,7.53,
EXC,1973-07-10,0.0,7.67,7.53,7.62,
EXC,1973-07-11,0.0,7.67,7.49,7.62,
EXC,1973-07-12,0.0,7.62,7.53,7.62,
EXC,1973-07-13,0.0,7.62,7.53,7.53,
EXC,1973-07-16,0.0,7.62,7.53,7.62,
EXC,1973-07-17,0.0,7.67,7.53,7.58,
EXC,1973-07-18,0.0,7.62,7.53,7.58,
EXC,1973-07-19,0.0,7.62,7.58,7.62,
EXC,1973-07-20,0.0,7.62,7.53,7.58,
EXC,1973-07-23,0.0,7.58,7.36,7.36,
EXC,1973-07-24,0.0,7.4,7.31,7.36,
EXC,1973-07-25,0.0,7.36,7.27,7.27,
EXC,1973-07-26,0.0,7.31,7.22,7.27,
EXC,1973-07-27,0.0,7.27,7.18,7.27,
EXC,1973-07-30,0.0,7.27,7.22,7.27,
EXC,1973-07-31,0.0,7.22,7.13,7.13,
EXC,1973-08-01,0.0,7.18,7.13,7.13,
EXC,1973-08-02,0.0,7.18,7.09,7.13,
EXC,1973-08-03,0.0,7.13,7.04,7.09,
EXC,1973-08-06,0.0,7.13,7.04,7.13,
EXC,1973-08-07,0.0,7.18,7.09,7.18,
EXC,1973-08-08,0.0,7.18,7.04,7.09,
EXC,1973-08-09,0.0,7.13,7.09,7.13,
EXC,1973-08-10,0.0,7.13,7.04,7.04,
EXC,1973-08-13,0.0,7.09,7.04,7.09,
EXC,1973-08-14,0.0,7.09,6.95,6.95,
EXC,1973-08-15,0.0,7.0,6.95,7.0,
EXC,1973-08-16,0.0,7.04,7.0,7.0,
EXC,1973-08-17,0.0,7.04,7.0,7.04,
EXC,1973-08-20,0.0,7.09,7.04,7.09,
EXC,1973-08-21,0.0,7.09,7.04,7.09,
EXC,1973-08-22,0.0,7.09,7.04,7.04,
EXC,1973-08-23,0.0,7.09,7.04,7.09,
EXC,1973-08-24,0.0,7.18,7.09,7.13,
EXC,1973-08-27,0.0,7.04,6.95,7.04,
EXC,1973-08-28,0.0,7.04,7.0,7.04,
EXC,1973-08-29,0.0,7.04,6.95,6.95,
EXC,1973-08-30,0.0,7.04,6.95,7.0,
EXC,1973-08-31,0.0,7.04,7.0,7.04,
EXC,1973-09-04,0.0,7.04,7.0,7.0,
EXC,1973-09-05,0.0,7.04,7.0,7.0,
EXC,1973-09-06,0.0,7.13,7.0,7.09,
EXC,1973-09-07,0.0,7.18,7.09,7.18,
EXC,1973-09-10,0.0,7.18,7.13,7.18,
EXC,1973-09-11,0.0,7.18,7.09,7.13,
EXC,1973-09-12,0.0,7.13,7.0,7.04,
EXC,1973-09-13,0.0,7.0,6.95,7.0,
EXC,1973-09-14,0.0,7.04,6.95,7.04,
EXC,1973-09-17,0.0,7.04,7.0,7.04,
EXC,1973-09-18,0.0,7.09,7.0,7.09,
EXC,1973-09-19,0.0,7.09,7.0,7.04,
EXC,1973-09-20,0.0,7.04,7.0,7.0,
EXC,1973-09-21,0.0,7.04,7.0,7.0,
EXC,1973-09-24,0.0,7.04,7.0,7.04,
EXC,1973-09-25,0.0,7.09,7.0,7.09,
EXC,1973-09-26,0.0,7.09,7.04,7.09,
EXC,1973-09-27,0.0,7.18,7.04,7.18,
EXC,1973-09-28,0.0,7.22,7.13,7.22,
EXC,1973-10-01,0.0,7.22,7.18,7.22,
EXC,1973-10-02,0.0,7.22,7.18,7.22,
EXC,1973-10-03,0.0,7.22,7.13,7.18,
EXC,1973-10-04,0.0,7.22,7.13,7.22,
EXC,1973-10-05,0.0,7.27,7.18,7.27,
EXC,1973-10-08,0.0,7.31,7.22,7.31,
EXC,1973-10-09,0.0,7.31,7.27,7.31,
EXC,1973-10-10,0.0,7.36,7.27,7.31,
EXC,1973-10-11,0.0,7.31,7.27,7.27,
EXC,1973-10-12,0.0,7.31,7.27,7.27,
EXC,1973-10-15,0.0,7.31,7.22,7.22,
EXC,1973-10-16,0.0,7.22,7.13,7.22,
EXC,1973-10-17,0.0,7.22,7.13,7.18,
EXC,1973-10-18,0.0,7.18,7.13,7.13,
EXC,1973-10-19,0.0,7.18,7.13,7.18,
EXC,1973-10-22,0.0,7.22,7.13,7.22,
EXC,1973-10-23,0.0,7.22,7.18,7.22,
EXC,1973-10-24,0.0,7.27,7.18,7.27,
EXC,1973-10-25,0.0,7.27,7.18,7.22,
EXC,1973-10-26,0.0,7.27,7.18,7.22,
EXC,1973-10-29,0.0,7.27,7.18,7.27,
EXC,1973-10-30,0.0,7.27,7.18,7.22,
EXC,1973-10-31,0.0,7.27,7.18,7.22,
EXC,1973-11-01,0.0,7.27,7.18,7.18,
EXC,1973-11-02,0.0,7.22,7.18,7.22,
EXC,1973-11-05,0.0,7.22,7.13,7.13,
EXC,1973-11-06,0.0,7.22,7.13,7.13,
EXC,1973-11-07,0.0,7.18,7.13,7.13,
EXC,1973-11-08,0.0,7.22,7.13,7.13,
EXC,1973-11-09,0.0,7.22,7.13,7.13,
EXC,1973-11-12,0.0,7.18,7.09,7.13,
EXC,1973-11-13,0.0,7.13,7.04,7.09,
EXC,1973-11-14,0.0,7.09,6.95,6.95,
EXC,1973-11-15,0.0,6.95,6.78,6.95,
EXC,1973-11-16,0.0,6.87,6.78,6.87,
EXC,1973-11-19,0.0,6.82,6.69,6.73,
EXC,1973-11-20,0.0,6.64,6.37,6.42,
EXC,1973-11-21,0.0,6.6,6.42,6.55,
EXC,1973-11-23,0.0,6.55,6.42,6.51,
EXC,1973-11-26,0.0,6.55,6.37,6.42,
EXC,1973-11-27,0.0,6.46,6.29,6.29,
EXC,1973-11-28,0.0,6.42,6.15,6.42,
EXC,1973-11-29,0.0,6.42,6.29,6.33,
EXC,1973-11-30,0.0,6.42,6.29,6.33,
EXC,1973-12-03,0.0,6.33,6.15,6.15,
EXC,1973-12-04,0.0,6.24,6.11,6.24,
EXC,1973-12-05,0.0,6.29,6.06,6.11,
EXC,1973-12-06,0.0,6.24,6.11,6.15,
EXC,1973-12-07,0.0,6.42,6.15,6.37,
EXC,1973-12-10,0.0,6.51,6.29,6.51,
EXC,1973-12-11,0.0,6.55,6.37,6.42,
EXC,1973-12-12,0.0,6.42,6.37,6.37,
EXC,1973-12-13,0.0,6.42,6.29,6.33,
EXC,1973-12-14,0.0,6.33,6.24,6.33,
EXC,1973-12-17,0.0,6.29,6.11,6.11,
EXC,1973-12-18,0.0,6.24,6.11,6.15,
EXC,1973-12-19,0.0,6.29,6.11,6.15,
EXC,1973-12-20,0.0,6.24,6.15,6.2,
EXC,1973-12-21,0.0,6.37,6.15,6.37,
EXC,1973-12-24,0.0,6.37,6.24,6.33,
EXC,1973-12-26,0.0,6.42,6.24,6.37,
EXC,1973-12-27,0.0,6.51,6.37,6.42,
EXC,1973-12-28,0.0,6.51,6.42,6.46,
EXC,1973-12-31,0.0,6.55,6.37,6.42,
EXC,1974-01-02,0.0,6.55,6.42,6.55,
EXC,1974-01-03,0.0,6.82,6.55,6.78,
EXC,1974-01-04,0.0,6.91,6.78,6.82,
EXC,1974-01-07,0.0,6.87,6.78,6.82,
EXC,1974-01-08,0.0,6.87,6.82,6.87,
EXC,1974-01-09,0.0,6.87,6.78,6.82,
EXC,1974-01-10,0.0,6.82,6.73,6.78,
EXC,1974-01-11,0.0,6.78,6.64,6.64,
EXC,1974-01-14,0.0,6.73,6.64,6.69,
EXC,1974-01-15,0.0,6.78,6.69,6.78,
EXC,1974-01-16,0.0,6.82,6.64,6.78,
EXC,1974-01-17,0.0,6.87,6.69,6.69,
EXC,1974-01-18,0.0,6.78,6.64,6.69,
EXC,1974-01-21,0.0,6.78,6.69,6.78,
EXC,1974-01-22,0.0,6.78,6.69,6.73,
EXC,1974-01-23,0.0,6.82,6.73,6.78,
EXC,1974-01-24,0.0,6.82,6.69,6.69,
EXC,1974-01-25,0.0,6.82,6.73,6.82,
EXC,1974-01-28,0.0,6.82,6.69,6.69,
EXC,1974-01-29,0.0,6.73,6.6,6.6,
EXC,1974-01-30,0.0,6.69,6.64,6.69,
EXC,1974-01-31,0.0,6.69,6.6,6.6,
EXC,1974-02-01,0.0,6.69,6.6,6.64,
EXC,1974-02-04,0.0,6.69,6.6,6.64,
EXC,1974-02-05,0.0,6.82,6.64,6.82,
EXC,1974-02-06,0.0,6.82,6.73,6.73,
EXC,1974-02-07,0.0,6.87,6.78,6.87,
EXC,1974-02-08,0.0,6.87,6.78,6.78,
EXC,1974-02-11,0.0,6.87,6.73,6.78,
EXC,1974-02-12,0.0,6.82,6.69,6.73,
EXC,1974-02-13,0.0,6.87,6.73,6.87,
EXC,1974-02-14,0.0,6.87,6.78,6.78,
EXC,1974-02-15,0.0,6.87,6.78,6.78,
EXC,1974-02-19,0.0,6.87,6.78,6.82,
EXC,1974-02-20,0.0,6.87,6.78,6.82,
EXC,1974-02-21,0.0,6.91,6.82,6.87,
EXC,1974-02-22,0.0,6.95,6.91,6.95,
EXC,1974-02-25,0.0,6.87,6.69,6.73,
EXC,1974-02-26,0.0,6.73,6.64,6.69,
EXC,1974-02-27,0.0,6.73,6.64,6.73,
EXC,1974-02-28,0.0,6.78,6.69,6.69,
EXC,1974-03-01,0.0,6.78,6.69,6.78,
EXC,1974-03-04,0.0,6.73,6.64,6.73,
EXC,1974-03-05,0.0,6.73,6.64,6.69,
EXC,1974-03-06,0.0,6.73,6.64,6.64,
EXC,1974-03-07,0.0,6.69,6.6,6.64,
EXC,1974-03-08,0.0,6.78,6.6,6.73,
EXC,1974-03-11,0.0,6.73,6.64,6.69,
EXC,1974-03-12,0.0,6.69,6.6,6.64,
EXC,1974-03-13,0.0,6.64,6.6,6.6,
EXC,1974-03-14,0.0,6.69,6.6,6.6,
EXC,1974-03-15,0.0,6.64,6.6,6.6,
EXC,1974-03-18,0.0,6.69,6.6,6.6,
EXC,1974-03-19,0.0,6.64,6.55,6.6,
EXC,1974-03-20,0.0,6.6,6.51,6.55,
EXC,1974-03-21,0.0,6.55,6.46,6.51,
EXC,1974-03-22,0.0,6.55,6.46,6.46,
EXC,1974-03-25,0.0,6.51,6.42,6.51,
EXC,1974-03-26,0.0,6.51,6.42,6.46,
EXC,1974-03-27,0.0,6.51,6.42,6.46,
EXC,1974-03-28,0.0,6.46,6.42,6.42,
EXC,1974-03-29,0.0,6.46,6.42,6.46,
EXC,1974-04-01,0.0,6.46,6.42,6.46,
EXC,1974-04-02,0.0,6.46,6.37,6.46,
EXC,1974-04-03,0.0,6.42,6.37,6.42,
EXC,1974-04-04,0.0,6.51,6.37,6.46,
EXC,1974-04-05,0.0,6.46,6.42,6.46,
EXC,1974-04-08,0.0,6.37,6.33,6.37,
EXC,1974-04-09,0.0,6.42,6.33,6.33,
EXC,1974-04-10,0.0,6.42,6.33,6.33,
EXC,1974-04-11,0.0,6.42,6.29,6.29,
EXC,1974-04-15,0.0,6.33,6.24,6.24,
EXC,1974-04-16,0.0,6.29,6.15,6.2,
EXC,1974-04-17,0.0,6.2,6.11,6.11,
EXC,1974-04-18,0.0,6.2,6.11,6.2,
EXC,1974-04-19,0.0,6.2,6.11,6.2,
EXC,1974-04-22,0.0,6.2,6.06,6.06,
EXC,1974-04-23,0.0,6.06,5.48,5.53,
EXC,1974-04-24,0.0,5.48,5.17,5.22,
EXC,1974-04-25,0.0,5.26,5.08,5.22,
EXC,1974-04-26,0.0,5.3,5.17,5.26,
EXC,1974-04-29,0.0,5.3,5.04,5.04,
EXC,1974-04-30,0.0,5.08,4.86,4.9,
EXC,1974-05-01,0.0,4.99,4.73,4.95,
EXC,1974-05-02,0.0,4.99,4.9,4.9,
EXC,1974-05-03,0.0,4.95,4.81,4.9,
EXC,1974-05-06,0.0,4.95,4.81,4.86,
EXC,1974-05-07,0.0,4.99,4.86,4.99,
EXC,1974-05-08,0.0,5.04,4.9,4.99,
EXC,1974-05-09,0.0,5.08,4.95,5.08,
EXC,1974-05-10,0.0,5.3,5.04,5.17,
EXC,1974-05-13,0.0,5.08,4.95,4.99,
EXC,1974-05-14,0.0,4.99,4.68,4.68,
EXC,1974-05-15,0.0,4.68,4.28,4.32,
EXC,1974-05-16,0.0,4.64,4.32,4.59,
EXC,1974-05-17,0.0,4.59,4.46,4.55,
EXC,1974-05-20,0.0,4.73,4.59,4.68,
EXC,1974-05-21,0.0,4.77,4.59,4.59,
EXC,1974-05-22,0.0,4.68,4.5,4.5,
EXC,1974-05-23,0.0,4.59,4.46,4.55,
EXC,1974-05-24,0.0,4.37,4.19,4.28,
EXC,1974-05-28,0.0,4.28,4.19,4.19,
EXC,1974-05-29,0.0,4.28,4.01,4.1,
EXC,1974-05-30,0.0,4.19,4.01,4.15,
EXC,1974-05-31,0.0,4.19,4.1,4.19,
EXC,1974-06-03,0.0,4.19,4.1,4.1,
EXC,1974-06-04,0.0,4.24,4.1,4.15,
EXC,1974-06-05,0.0,4.24,4.15,4.15,
EXC,1974-06-06,0.0,4.24,4.15,4.24,
EXC,1974-06-07,0.0,4.28,4.19,4.24,
EXC,1974-06-10,0.0,4.41,4.19,4.28,
EXC,1974-06-11,0.0,4.32,4.19,4.19,
EXC,1974-06-12,0.0,4.19,4.1,4.19,
EXC,1974-06-13,0.0,4.19,4.15,4.15,
EXC,1974-06-14,0.0,4.19,4.06,4.06,
EXC,1974-06-17,0.0,4.06,3.92,3.92,
EXC,1974-06-18,0.0,4.01,3.92,3.97,
EXC,1974-06-19,0.0,3.97,3.88,3.92,
EXC,1974-06-20,0.0,3.92,3.74,3.79,
EXC,1974-06-21,0.0,3.79,3.61,3.66,
EXC,1974-06-24,0.0,3.66,3.57,3.61,
EXC,1974-06-25,0.0,3.74,3.57,3.7,
EXC,1974-06-26,0.0,3.74,3.61,3.61,
EXC,1974-06-27,0.0,3.79,3.61,3.79,
EXC,1974-06-28,0.0,4.06,3.74,3.97,
EXC,1974-07-01,0.0,4.37,4.01,4.37,
EXC,1974-07-02,0.0,4.46,4.32,4.37,
EXC,1974-07-03,0.0,4.55,4.32,4.37,
EXC,1974-07-05,0.0,4.41,4.28,4.37,
EXC,1974-07-08,0.0,4.41,4.19,4.24,
EXC,1974-07-09,0.0,4.24,4.15,4.15,
EXC,1974-07-10,0.0,4.19,4.01,4.06,
EXC,1974-07-11,0.0,4.01,3.92,3.92,
EXC,1974-07-12,0.0,4.24,3.97,4.24,
EXC,1974-07-15,0.0,4.28,4.01,4.01,
EXC,1974-07-16,0.0,4.06,3.92,3.92,
EXC,1974-07-17,0.0,3.97,3.83,3.92,
EXC,1974-07-18,0.0,3.92,3.79,3.83,
EXC,1974-07-19,0.0,3.83,3.79,3.83,
EXC,1974-07-22,0.0,3.92,3.79,3.88,
EXC,1974-07-23,0.0,4.15,3.92,4.15,
EXC,1974-07-24,0.0,4.28,4.19,4.28,
EXC,1974-07-25,0.0,4.28,4.15,4.19,
EXC,1974-07-26,0.0,4.15,4.01,4.06,
EXC,1974-07-29,0.0,4.1,3.97,3.97,
EXC,1974-07-30,0.0,4.06,3.97,3.97,
EXC,1974-07-31,0.0,4.01,3.97,4.01,
EXC,1974-08-01,0.0,4.01,3.92,3.92,
EXC,1974-08-02,0.0,4.06,3.92,3.97,
EXC,1974-08-05,0.0,4.15,4.01,4.1,
EXC,1974-08-06,0.0,4.24,4.1,4.19,
EXC,1974-08-07,0.0,4.32,4.15,4.28,
EXC,1974-08-08,0.0,4.46,4.32,4.46,
EXC,1974-08-09,0.0,4.5,4.32,4.32,
EXC,1974-08-12,0.0,4.41,4.28,4.37,
EXC,1974-08-13,0.0,4.37,4.28,4.28,
EXC,1974-08-14,0.0,4.37,4.28,4.37,
EXC,1974-08-15,0.0,4.32,4.19,4.28,
EXC,1974-08-16,0.0,4.28,4.19,4.19,
EXC,1974-08-19,0.0,4.28,4.19,4.24,
EXC,1974-08-20,0.0,4.28,4.15,4.28,
EXC,1974-08-21,0.0,4.28,4.15,4.19,
EXC,1974-08-22,0.0,4.24,4.15,4.19,
EXC,1974-08-23,0.0,4.28,4.15,4.15,
EXC,1974-08-26,0.0,4.1,3.83,3.92,
EXC,1974-08-27,0.0,3.92,3.79,3.79,
EXC,1974-08-28,0.0,3.83,3.66,3.7,
EXC,1974-08-29,0.0,3.7,3.57,3.57,
EXC,1974-08-30,0.0,3.74,3.57,3.66,
EXC,1974-09-03,0.0,3.83,3.7,3.74,
EXC,1974-09-04,0.0,3.79,3.61,3.66,
EXC,1974-09-05,0.0,3.7,3.61,3.61,
EXC,1974-09-06,0.0,3.7,3.61,3.66,
EXC,1974-09-09,0.0,3.66,3.57,3.57,
EXC,1974-09-10,0.0,3.61,3.57,3.61,
EXC,1974-09-11,0.0,3.66,3.57,3.57,
EXC,1974-09-12,0.0,3.66,3.57,3.66,
EXC,1974-09-13,0.0,3.66,3.57,3.57,
EXC,1974-09-16,0.0,3.66,3.57,3.57,
EXC,1974-09-17,0.0,3.61,3.57,3.57,
EXC,1974-09-18,0.0,3.61,3.48,3.48,
EXC,1974-09-19,0.0,3.61,3.48,3.57,
EXC,1974-09-20,0.0,3.79,3.57,3.79,
EXC,1974-09-23,0.0,3.79,3.61,3.66,
EXC,1974-09-24,0.0,3.66,3.61,3.66,
EXC,1974-09-25,0.0,3.7,3.61,3.61,
EXC,1974-09-26,0.0,3.66,3.61,3.66,
EXC,1974-09-27,0.0,3.61,3.57,3.61,
EXC,1974-09-30,0.0,3.66,3.57,3.66,
EXC,1974-10-01,0.0,3.66,3.52,3.52,
EXC,1974-10-02,0.0,3.61,3.52,3.61,
EXC,1974-10-03,0.0,3.66,3.57,3.61,
EXC,1974-10-04,0.0,3.66,3.57,3.61,
EXC,1974-10-07,0.0,3.61,3.57,3.61,
EXC,1974-10-08,0.0,3.74,3.57,3.7,
EXC,1974-10-09,0.0,3.92,3.74,3.88,
EXC,1974-10-10,0.0,4.15,3.92,4.1,
EXC,1974-10-11,0.0,4.37,4.1,4.19,
EXC,1974-10-14,0.0,4.37,4.24,4.32,
EXC,1974-10-15,0.0,4.37,4.28,4.32,
EXC,1974-10-16,0.0,4.28,4.1,4.15,
EXC,1974-10-17,0.0,4.24,4.1,4.15,
EXC,1974-10-18,0.0,4.19,4.1,4.15,
EXC,1974-10-21,0.0,4.19,4.1,4.1,
EXC,1974-10-22,0.0,4.15,4.1,4.1,
EXC,1974-10-23,0.0,4.06,3.92,3.92,
EXC,1974-10-24,0.0,3.88,3.79,3.83,
EXC,1974-10-25,0.0,3.88,3.79,3.83,
EXC,1974-10-28,0.0,3.92,3.83,3.92,
EXC,1974-10-29,0.0,3.97,3.83,3.92,
EXC,1974-10-30,0.0,3.97,3.83,3.92,
EXC,1974-10-31,0.0,3.92,3.83,3.88,
EXC,1974-11-01,0.0,3.92,3.88,3.88,
EXC,1974-11-04,0.0,3.97,3.88,3.97,
EXC,1974-11-05,0.0,4.06,3.92,3.97,
EXC,1974-11-06,0.0,4.06,3.97,3.97,
EXC,1974-11-07,0.0,4.06,3.97,4.06,
EXC,1974-11-08,0.0,3.97,3.83,3.92,
EXC,1974-11-11,0.0,3.92,3.83,3.83,
EXC,1974-11-12,0.0,3.88,3.79,3.79,
EXC,1974-11-13,0.0,3.79,3.74,3.79,
EXC,1974-11-14,0.0,3.79,3.66,3.7,
EXC,1974-11-15,0.0,3.74,3.66,3.7,
EXC,1974-11-18,0.0,3.7,3.57,3.57,
EXC,1974-11-19,0.0,3.66,3.57,3.66,
EXC,1974-11-20,0.0,3.7,3.57,3.61,
EXC,1974-11-21,0.0,3.61,3.57,3.57,
EXC,1974-11-22,0.0,3.61,3.57,3.61,
EXC,1974-11-25,0.0,3.61,3.57,3.57,
EXC,1974-11-26,0.0,3.61,3.57,3.57,
EXC,1974-11-27,0.0,3.61,3.57,3.57,
EXC,1974-11-29,0.0,3.61,3.57,3.61,
EXC,1974-12-02,0.0,3.66,3.57,3.57,
EXC,1974-12-03,0.0,3.61,3.57,3.57,
EXC,1974-12-04,0.0,3.61,3.52,3.61,
EXC,1974-12-05,0.0,3.61,3.52,3.57,
EXC,1974-12-06,0.0,3.57,3.48,3.48,
EXC,1974-12-09,0.0,3.52,3.48,3.52,
EXC,1974-12-10,0.0,3.57,3.48,3.52,
EXC,1974-12-11,0.0,3.52,3.48,3.52,
EXC,1974-12-12,0.0,3.57,3.48,3.52,
EXC,1974-12-13,0.0,3.52,3.48,3.52,
EXC,1974-12-16,0.0,3.52,3.39,3.39,
EXC,1974-12-17,0.0,3.43,3.39,3.43,
EXC,1974-12-18,0.0,3.43,3.39,3.39,
EXC,1974-12-19,0.0,3.43,3.39,3.43,
EXC,1974-12-20,0.0,3.48,3.39,3.48,
EXC,1974-12-23,0.0,3.48,3.39,3.43,
EXC,1974-12-24,0.0,3.48,3.39,3.43,
EXC,1974-12-26,0.0,3.48,3.39,3.43,
EXC,1974-12-27,0.0,3.48,3.39,3.43,
EXC,1974-12-30,0.0,3.57,3.34,3.52,
EXC,1974-12-31,0.0,3.88,3.57,3.88,
EXC,1975-01-02,0.0,4.28,4.06,4.24,
EXC,1975-01-03,0.0,4.41,4.24,4.41,
EXC,1975-01-06,0.0,4.46,4.24,4.32,
EXC,1975-01-07,0.0,4.32,4.19,4.24,
EXC,1975-01-08,0.0,4.15,4.01,4.1,
EXC,1975-01-09,0.0,4.1,3.97,4.06,
EXC,1975-01-10,0.0,4.28,4.1,4.28,
EXC,1975-01-13,0.0,4.32,4.19,4.28,
EXC,1975-01-14,0.0,4.37,4.24,4.28,
EXC,1975-01-15,0.0,4.32,4.28,4.32,
EXC,1975-01-16,0.0,4.41,4.28,4.41,
EXC,1975-01-17,0.0,4.41,4.28,4.28,
EXC,1975-01-20,0.0,4.37,4.28,4.37,
EXC,1975-01-21,0.0,4.37,4.28,4.37,
EXC,1975-01-22,0.0,4.46,4.32,4.46,
EXC,1975-01-23,0.0,4.46,4.37,4.41,
EXC,1975-01-24,0.0,4.46,4.37,4.46,
EXC,1975-01-27,0.0,4.68,4.46,4.64,
EXC,1975-01-28,0.0,4.81,4.68,4.81,
EXC,1975-01-29,0.0,4.81,4.73,4.77,
EXC,1975-01-30,0.0,4.81,4.68,4.68,
EXC,1975-01-31,0.0,4.77,4.68,4.68,
EXC,1975-02-03,0.0,4.86,4.64,4.81,
EXC,1975-02-04,0.0,4.95,4.81,4.9,
EXC,1975-02-05,0.0,5.13,4.9,5.04,
EXC,1975-02-06,0.0,5.26,5.04,5.17,
EXC,1975-02-07,0.0,5.17,5.04,5.17,
EXC,1975-02-10,0.0,5.13,5.04,5.08,
EXC,1975-02-11,0.0,5.08,4.95,4.99,
EXC,1975-02-12,0.0,5.08,4.99,5.04,
EXC,1975-02-13,0.0,5.08,4.99,5.04,
EXC,1975-02-14,0.0,5.08,4.99,4.99,
EXC,1975-02-18,0.0,5.08,4.95,4.99,
EXC,1975-02-19,0.0,4.99,4.86,4.9,
EXC,1975-02-20,0.0,4.95,4.73,4.86,
EXC,1975-02-21,0.0,4.95,4.86,4.95,
EXC,1975-02-24,0.0,4.73,4.46,4.55,
EXC,1975-02-25,0.0,4.5,4.28,4.32,
EXC,1975-02-26,0.0,4.37,4.28,4.32,
EXC,1975-02-27,0.0,4.41,4.32,4.32,
EXC,1975-02-28,0.0,4.46,4.32,4.32,
EXC,1975-03-03,0.0,4.46,4.37,4.46,
EXC,1975-03-04,0.0,4.59,4.41,4.46,
EXC,1975-03-05,0.0,4.55,4.46,4.5,
EXC,1975-03-06,0.0,4.59,4.5,4.59,
EXC,1975-03-07,0.0,4.64,4.5,4.64,
EXC,1975-03-10,0.0,4.64,4.55,4.59,
EXC,1975-03-11,0.0,4.59,4.55,4.55,
EXC,1975-03-12,0.0,4.64,4.46,4.46,
EXC,1975-03-13,0.0,4.59,4.5,4.5,
EXC,1975-03-14,0.0,4.59,4.5,4.59,
EXC,1975-03-17,0.0,4.64,4.55,4.64,
EXC,1975-03-18,0.0,4.64,4.55,4.59,
EXC,1975-03-19,0.0,4.64,4.55,4.59,
EXC,1975-03-20,0.0,4.64,4.59,4.59,
EXC,1975-03-21,0.0,4.64,4.55,4.59,
EXC,1975-03-24,0.0,4.59,4.46,4.46,
EXC,1975-03-25,0.0,4.55,4.46,4.46,
EXC,1975-03-26,0.0,4.59,4.5,4.5,
EXC,1975-03-27,0.0,4.59,4.46,4.46,
EXC,1975-03-31,0.0,4.55,4.46,4.46,
EXC,1975-04-01,0.0,4.5,4.46,4.46,
EXC,1975-04-02,0.0,4.55,4.41,4.5,
EXC,1975-04-03,0.0,4.55,4.46,4.46,
EXC,1975-04-04,0.0,4.5,4.37,4.41,
EXC,1975-04-07,0.0,4.41,4.32,4.32,
EXC,1975-04-08,0.0,4.37,4.32,4.32,
EXC,1975-04-09,0.0,4.46,4.32,4.37,
EXC,1975-04-10,0.0,4.55,4.37,4.46,
EXC,1975-04-11,4.46,4.46,4.46,4.46,
EXC,1975-04-14,0.0,4.59,4.46,4.5,
EXC,1975-04-15,0.0,4.59,4.5,4.5,
EXC,1975-04-16,0.0,4.59,4.5,4.5,
EXC,1975-04-17,0.0,4.59,4.46,4.55,
EXC,1975-04-18,0.0,4.64,4.5,4.5,
EXC,1975-04-21,0.0,4.59,4.5,4.55,
EXC,1975-04-22,0.0,4.59,4.5,4.55,
EXC,1975-04-23,0.0,4.59,4.55,4.59,
EXC,1975-04-24,0.0,4.73,4.55,4.64,
EXC,1975-04-25,0.0,4.77,4.64,4.68,
EXC,1975-04-28,0.0,4.73,4.68,4.73,
EXC,1975-04-29,0.0,4.73,4.68,4.73,
EXC,1975-04-30,0.0,4.73,4.68,4.73,
EXC,1975-05-01,0.0,4.73,4.64,4.64,
EXC,1975-05-02,0.0,4.73,4.64,4.68,
EXC,1975-05-05,0.0,4.73,4.68,4.73,
EXC,1975-05-06,0.0,4.81,4.73,4.77,
EXC,1975-05-07,0.0,4.81,4.73,4.81,
EXC,1975-05-08,0.0,4.86,4.77,4.81,
EXC,1975-05-09,0.0,4.9,4.73,4.73,
EXC,1975-05-12,0.0,4.86,4.68,4.86,
EXC,1975-05-13,0.0,4.9,4.81,4.86,
EXC,1975-05-14,0.0,4.9,4.81,4.9,
EXC,1975-05-15,0.0,4.9,4.86,4.86,
EXC,1975-05-16,0.0,4.9,4.81,4.9,
EXC,1975-05-19,0.0,4.9,4.86,4.9,
EXC,1975-05-20,0.0,4.95,4.9,4.95,
EXC,1975-05-21,0.0,4.95,4.86,4.95,
EXC,1975-05-22,0.0,4.95,4.9,4.95,
EXC,1975-05-23,0.0,4.77,4.68,4.68,
EXC,1975-05-27,0.0,4.68,4.64,4.64,
EXC,1975-05-28,0.0,4.73,4.64,4.68,
EXC,1975-05-29,0.0,4.73,4.68,4.68,
EXC,1975-05-30,0.0,4.73,4.64,4.64,
EXC,1975-06-02,0.0,4.81,4.64,4.68,
EXC,1975-06-03,0.0,4.81,4.73,4.81,
EXC,1975-06-04,0.0,4.95,4.81,4.95,
EXC,1975-06-05,0.0,4.95,4.86,4.9,
EXC,1975-06-06,0.0,4.95,4.86,4.95,
EXC,1975-06-09,0.0,4.99,4.9,4.99,
EXC,1975-06-10,0.0,4.99,4.9,4.9,
EXC,1975-06-11,0.0,4.99,4.9,4.99,
EXC,1975-06-12,0.0,4.99,4.9,4.95,
EXC,1975-06-13,0.0,4.99,4.9,4.99,
EXC,1975-06-16,0.0,4.99,4.95,4.95,
EXC,1975-06-17,0.0,5.04,4.95,4.99,
EXC,1975-06-18,0.0,5.08,4.99,5.08,
EXC,1975-06-19,0.0,5.26,5.04,5.26,
EXC,1975-06-20,0.0,5.48,5.3,5.44,
EXC,1975-06-23,0.0,5.44,5.35,5.44,
EXC,1975-06-24,0.0,5.53,5.39,5.44,
EXC,1975-06-25,0.0,5.48,5.35,5.35,
EXC,1975-06-26,0.0,5.44,5.3,5.3,
EXC,1975-06-27,0.0,5.35,5.26,5.3,
EXC,1975-06-30,0.0,5.35,5.26,5.35,
EXC,1975-07-01,0.0,5.35,5.26,5.35,
EXC,1975-07-02,0.0,5.3,5.08,5.13,
EXC,1975-07-03,0.0,5.17,5.08,5.13,
EXC,1975-07-07,0.0,5.17,5.08,5.08,
EXC,1975-07-08,0.0,5.17,5.08,5.13,
EXC,1975-07-09,0.0,5.26,5.13,5.22,
EXC,1975-07-10,0.0,5.3,5.22,5.26,
EXC,1975-07-11,0.0,5.3,5.26,5.26,
EXC,1975-07-14,0.0,5.3,5.22,5.3,
EXC,1975-07-15,0.0,5.35,5.26,5.26,
EXC,1975-07-16,0.0,5.3,5.26,5.3,
EXC,1975-07-17,0.0,5.3,5.22,5.26,
EXC,1975-07-18,0.0,5.26,5.17,5.17,
EXC,1975-07-21,0.0,5.26,5.13,5.17,
EXC,1975-07-22,0.0,5.17,5.08,5.17,
EXC,1975-07-23,0.0,5.17,5.08,5.13,
EXC,1975-07-24,0.0,5.13,5.08,5.13,
EXC,1975-07-25,0.0,5.13,5.08,5.13,
EXC,1975-07-28,0.0,5.17,5.04,5.04,
EXC,1975-07-29,0.0,5.08,5.04,5.04,
EXC,1975-07-30,0.0,5.08,4.99,5.08,
EXC,1975-07-31,0.0,5.08,5.04,5.08,
EXC,1975-08-01,0.0,5.08,5.04,5.08,
EXC,1975-08-04,0.0,5.08,4.99,5.08,
EXC,1975-08-05,0.0,5.08,4.95,4.95,
EXC,1975-08-06,0.0,4.99,4.9,4.99,
EXC,1975-08-07,0.0,4.99,4.95,4.99,
EXC,1975-08-08,0.0,4.99,4.9,4.95,
EXC,1975-08-11,0.0,4.95,4.9,4.9,
EXC,1975-08-12,0.0,5.04,4.9,5.04,
EXC,1975-08-13,0.0,5.08,4.99,5.04,
EXC,1975-08-14,0.0,5.04,4.99,5.04,
EXC,1975-08-15,0.0,5.04,4.99,5.04,
EXC,1975-08-18,0.0,5.08,4.99,5.08,
EXC,1975-08-19,0.0,5.08,5.04,5.04,
EXC,1975-08-20,0.0,5.08,4.9,4.9,
EXC,1975-08-21,0.0,4.99,4.9,4.99,
EXC,1975-08-22,0.0,5.08,4.95,5.08,
EXC,1975-08-25,0.0,4.99,4.86,4.99,
EXC,1975-08-26,0.0,4.95,4.9,4.9,
EXC,1975-08-27,0.0,4.95,4.86,4.9,
EXC,1975-08-28,0.0,4.95,4.86,4.9,
EXC,1975-08-29,0.0,4.99,4.86,4.99,
EXC,1975-09-02,0.0,4.99,4.9,4.95,
EXC,1975-09-03,0.0,4.95,4.86,4.9,
EXC,1975-09-04,0.0,4.95,4.9,4.9,
EXC,1975-09-05,0.0,4.95,4.86,4.86,
EXC,1975-09-08,0.0,4.95,4.86,4.9,
EXC,1975-09-09,0.0,4.9,4.86,4.9,
EXC,1975-09-10,0.0,4.9,4.81,4.9,
EXC,1975-09-11,0.0,4.9,4.81,4.81,
EXC,1975-09-12,0.0,4.86,4.81,4.86,
EXC,1975-09-15,0.0,4.86,4.81,4.81,
EXC,1975-09-16,0.0,4.86,4.73,4.77,
EXC,1975-09-17,0.0,4.77,4.68,4.68,
EXC,1975-09-18,0.0,4.68,4.64,4.68,
EXC,1975-09-19,0.0,4.77,4.64,4.77,
EXC,1975-09-22,0.0,4.77,4.68,4.68,
EXC,1975-09-23,0.0,4.68,4.55,4.59,
EXC,1975-09-24,0.0,4.64,4.59,4.59,
EXC,1975-09-25,0.0,4.64,4.59,4.64,
EXC,1975-09-26,0.0,4.64,4.59,4.64,
EXC,1975-09-29,0.0,4.64,4.59,4.64,
EXC,1975-09-30,0.0,4.64,4.59,4.64,
EXC,1975-10-01,0.0,4.64,4.59,4.64,
EXC,1975-10-02,0.0,4.59,4.59,4.59,
EXC,1975-10-03,0.0,4.64,4.59,4.64,
EXC,1975-10-06,0.0,4.68,4.59,4.68,
EXC,1975-10-07,0.0,4.68,4.59,4.68,
EXC,1975-10-08,0.0,4.73,4.64,4.73,
EXC,1975-10-09,0.0,4.86,4.73,4.86,
EXC,1975-10-10,0.0,5.04,4.81,5.04,
EXC,1975-10-13,0.0,5.04,4.99,5.04,
EXC,1975-10-14,0.0,5.08,5.04,5.08,
EXC,1975-10-15,0.0,5.08,4.99,5.08,
EXC,1975-10-16,0.0,5.08,5.04,5.08,
EXC,1975-10-17,0.0,5.08,4.99,5.08,
EXC,1975-10-20,0.0,5.13,5.04,5.08,
EXC,1975-10-21,0.0,5.17,5.08,5.17,
EXC,1975-10-22,0.0,5.22,5.13,5.17,
EXC,1975-10-23,0.0,5.26,5.17,5.26,
EXC,1975-10-24,0.0,5.3,5.22,5.26,
EXC,1975-10-27,0.0,5.3,5.22,5.22,
EXC,1975-10-28,0.0,5.35,5.22,5.35,
EXC,1975-10-29,0.0,5.35,5.26,5.26,
EXC,1975-10-30,0.0,5.3,5.26,5.26,
EXC,1975-10-31,0.0,5.3,5.26,5.3,
EXC,1975-11-03,0.0,5.35,5.26,5.35,
EXC,1975-11-04,0.0,5.39,5.3,5.39,
EXC,1975-11-05,0.0,5.48,5.39,5.44,
EXC,1975-11-06,0.0,5.53,5.44,5.53,
EXC,1975-11-07,0.0,5.35,5.3,5.35,
EXC,1975-11-10,0.0,5.35,5.3,5.3,
EXC,1975-11-11,0.0,5.35,5.3,5.35,
EXC,1975-11-12,0.0,5.39,5.3,5.39,
EXC,1975-11-13,0.0,5.39,5.35,5.35,
EXC,1975-11-14,0.0,5.39,5.35,5.39,
EXC,1975-11-17,0.0,5.39,5.35,5.35,
EXC,1975-11-18,0.0,5.39,5.35,5.35,
EXC,1975-11-19,0.0,5.39,5.35,5.35,
EXC,1975-11-20,0.0,5.39,5.26,5.26,
EXC,1975-11-21,0.0,5.3,5.22,5.26,
EXC,1975-11-24,0.0,5.3,5.26,5.26,
EXC,1975-11-25,0.0,5.3,5.26,5.26,
EXC,1975-11-26,0.0,5.3,5.26,5.26,
EXC,1975-11-28,0.0,5.35,5.26,5.3,
EXC,1975-12-01,0.0,5.35,5.3,5.3,
EXC,1975-12-02,0.0,5.35,5.22,5.35,
EXC,1975-12-03,0.0,5.3,5.17,5.17,
EXC,1975-12-04,0.0,5.22,5.08,5.08,
EXC,1975-12-05,0.0,5.13,5.04,5.08,
EXC,1975-12-08,0.0,5.13,5.08,5.08,
EXC,1975-12-09,0.0,5.17,5.08,5.08,
EXC,1975-12-10,0.0,5.13,5.08,5.08,
EXC,1975-12-11,0.0,5.13,5.04,5.04,
EXC,1975-12-12,0.0,5.13,5.04,5.13,
EXC,1975-12-15,0.0,5.22,5.13,5.17,
EXC,1975-12-16,0.0,5.22,5.13,5.17,
EXC,1975-12-17,0.0,5.22,5.13,5.22,
EXC,1975-12-18,0.0,5.26,5.17,5.26,
EXC,1975-12-19,0.0,5.26,5.17,5.22,
EXC,1975-12-22,0.0,5.26,5.17,5.17,
EXC,1975-12-23,0.0,5.22,5.17,5.22,
EXC,1975-12-24,0.0,5.22,5.17,5.22,
EXC,1975-12-26,0.0,5.26,5.17,5.26,
EXC,1975-12-29,0.0,5.3,5.22,5.26,
EXC,1975-12-30,0.0,5.3,5.17,5.26,
EXC,1975-12-31,0.0,5.35,5.22,5.35,
EXC,1976-01-02,0.0,5.62,5.3,5.62,
EXC,1976-01-05,0.0,5.66,5.57,5.62,
EXC,1976-01-06,0.0,5.8,5.62,5.8,
EXC,1976-01-07,0.0,5.8,5.66,5.71,
EXC,1976-01-08,0.0,5.75,5.66,5.75,
EXC,1976-01-09,0.0,5.75,5.71,5.75,
EXC,1976-01-12,0.0,5.8,5.71,5.8,
EXC,1976-01-13,0.0,5.84,5.75,5.75,
EXC,1976-01-14,0.0,5.88,5.75,5.88,
EXC,1976-01-15,0.0,5.93,5.84,5.88,
EXC,1976-01-16,0.0,5.97,5.88,5.93,
EXC,1976-01-19,0.0,6.02,5.93,6.02,
EXC,1976-01-20,0.0,6.06,5.97,6.02,
EXC,1976-01-21,0.0,6.02,5.84,5.97,
EXC,1976-01-22,0.0,6.02,5.93,5.97,
EXC,1976-01-23,0.0,5.97,5.88,5.93,
EXC,1976-01-26,0.0,6.02,5.88,6.02,
EXC,1976-01-27,0.0,6.02,5.93,5.93,
EXC,1976-01-28,0.0,5.97,5.93,5.97,
EXC,1976-01-29,0.0,6.02,5.93,5.97,
EXC,1976-01-30,0.0,6.02,5.93,5.97,
EXC,1976-02-02,0.0,6.02,5.93,6.02,
EXC,1976-02-03,0.0,6.06,5.93,5.93,
EXC,1976-02-04,0.0,6.02,5.88,5.93,
EXC,1976-02-05,0.0,5.97,5.88,5.88,
EXC,1976-02-06,0.0,5.97,5.84,5.93,
EXC,1976-02-09,0.0,5.97,5.84,5.88,
EXC,1976-02-10,0.0,5.97,5.88,5.97,
EXC,1976-02-11,0.0,5.93,5.88,5.88,
EXC,1976-02-12,0.0,5.93,5.88,5.93,
EXC,1976-02-13,0.0,5.97,5.84,5.93,
EXC,1976-02-17,0.0,5.97,5.88,5.88,
EXC,1976-02-18,0.0,6.02,5.88,5.97,
EXC,1976-02-19,0.0,6.02,5.8,6.02,
EXC,1976-02-20,0.0,6.02,5.93,5.97,
EXC,1976-02-23,0.0,6.02,5.88,6.02,
EXC,1976-02-24,0.0,6.11,5.97,6.06,
EXC,1976-02-25,0.0,6.11,6.02,6.06,
EXC,1976-02-26,0.0,6.11,5.97,6.02,
EXC,1976-02-27,0.0,6.02,5.93,5.97,
EXC,1976-03-01,0.0,5.84,5.71,5.71,
EXC,1976-03-02,0.0,5.8,5.71,5.8,
EXC,1976-03-03,0.0,5.8,5.71,5.71,
EXC,1976-03-04,0.0,5.75,5.57,5.62,
EXC,1976-03-05,0.0,5.75,5.62,5.66,
EXC,1976-03-08,0.0,5.75,5.62,5.62,
EXC,1976-03-09,0.0,5.66,5.62,5.66,
EXC,1976-03-10,0.0,5.71,5.35,5.62,
EXC,1976-03-11,0.0,5.66,5.48,5.62,
EXC,1976-03-12,0.0,5.66,5.53,5.62,
EXC,1976-03-15,0.0,5.71,5.62,5.66,
EXC,1976-03-16,0.0,5.66,5.53,5.62,
EXC,1976-03-17,0.0,5.66,5.62,5.62,
EXC,1976-03-18,0.0,5.66,5.57,5.66,
EXC,1976-03-19,0.0,5.66,5.62,5.62,
EXC,1976-03-22,0.0,5.88,5.57,5.71,
EXC,1976-03-23,0.0,5.71,5.62,5.71,
EXC,1976-03-24,0.0,5.71,5.62,5.71,
EXC,1976-03-25,0.0,5.75,5.66,5.71,
EXC,1976-03-26,0.0,5.75,5.66,5.66,
EXC,1976-03-29,0.0,5.75,5.66,5.71,
EXC,1976-03-30,0.0,5.75,5.39,5.66,
EXC,1976-03-31,0.0,5.75,5.66,5.75,
EXC,1976-04-01,0.0,5.75,5.71,5.75,
EXC,1976-04-02,0.0,5.75,5.66,5.71,
EXC,1976-04-05,0.0,5.8,5.71,5.8,
EXC,1976-04-06,0.0,5.8,5.75,5.75,
EXC,1976-04-07,0.0,5.84,5.71,5.84,
EXC,1976-04-08,0.0,5.84,5.75,5.8,
EXC,1976-04-09,0.0,5.88,5.75,5.88,
EXC,1976-04-12,0.0,5.88,5.8,5.8,
EXC,1976-04-13,0.0,5.84,5.75,5.8,
EXC,1976-04-14,0.0,5.84,5.75,5.8,
EXC,1976-04-15,0.0,5.93,5.8,5.88,
EXC,1976-04-19,0.0,5.88,5.84,5.84,
EXC,1976-04-20,0.0,5.93,5.8,5.84,
EXC,1976-04-21,0.0,5.93,5.8,5.84,
EXC,1976-04-22,0.0,5.88,5.8,5.8,
EXC,1976-04-23,0.0,5.84,5.8,5.8,
EXC,1976-04-26,0.0,5.88,5.71,5.84,
EXC,1976-04-27,0.0,5.93,5.75,5.8,
EXC,1976-04-28,0.0,5.88,5.8,5.88,
EXC,1976-04-29,0.0,5.93,5.84,5.88,
EXC,1976-04-30,0.0,5.93,5.8,5.88,
EXC,1976-05-03,0.0,5.88,5.8,5.88,
EXC,1976-05-04,0.0,5.84,5.75,5.84,
EXC,1976-05-05,0.0,5.88,5.84,5.88,
EXC,1976-05-06,0.0,5.93,5.84,5.88,
EXC,1976-05-07,0.0,5.93,5.88,5.93,
EXC,1976-05-10,0.0,5.97,5.88,5.88,
EXC,1976-05-11,0.0,5.97,5.88,5.93,
EXC,1976-05-12,0.0,6.02,5.88,5.93,
EXC,1976-05-13,0.0,6.02,5.88,5.88,
EXC,1976-05-14,0.0,5.97,5.88,5.88,
EXC,1976-05-17,0.0,5.97,5.88,5.97,
EXC,1976-05-18,0.0,6.02,5.93,5.93,
EXC,1976-05-19,0.0,5.97,5.8,5.97,
EXC,1976-05-20,0.0,5.97,5.88,5.88,
EXC,1976-05-21,0.0,5.93,5.88,5.88,
EXC,1976-05-24,0.0,5.75,5.57,5.66,
EXC,1976-05-25,0.0,5.75,5.66,5.71,
EXC,1976-05-26,0.0,5.75,5.66,5.71,
EXC,1976-05-27,0.0,5.71,5.57,5.62,
EXC,1976-05-28,0.0,5.71,5.62,5.66,
EXC,1976-06-01,0.0,5.71,5.62,5.71,
EXC,1976-06-02,0.0,5.66,5.62,5.66,
EXC,1976-06-03,0.0,5.71,5.62,5.66,
EXC,1976-06-04,0.0,5.66,5.53,5.57,
EXC,1976-06-07,0.0,5.66,5.44,5.66,
EXC,1976-06-08,0.0,5.66,5.57,5.62,
EXC,1976-06-09,0.0,5.66,5.57,5.62,
EXC,1976-06-10,0.0,5.71,5.57,5.66,
EXC,1976-06-11,0.0,5.71,5.35,5.66,
EXC,1976-06-14,0.0,5.75,5.66,5.71,
EXC,1976-06-15,0.0,5.71,5.66,5.66,
EXC,1976-06-16,0.0,5.71,5.62,5.62,
EXC,1976-06-17,0.0,5.71,5.62,5.66,
EXC,1976-06-18,0.0,5.75,5.57,5.71,
EXC,1976-06-21,0.0,5.71,5.57,5.62,
EXC,1976-06-22,0.0,5.66,5.44,5.53,
EXC,1976-06-23,0.0,5.57,5.53,5.57,
EXC,1976-06-24,0.0,5.66,5.57,5.57,
EXC,1976-06-25,0.0,5.66,5.57,5.66,
EXC,1976-06-28,0.0,5.71,5.53,5.66,
EXC,1976-06-29,0.0,5.71,5.62,5.71,
EXC,1976-06-30,0.0,5.75,5.66,5.66,
EXC,1976-07-01,0.0,5.71,5.57,5.62,
EXC,1976-07-02,0.0,5.71,5.62,5.66,
EXC,1976-07-06,0.0,5.71,5.62,5.62,
EXC,1976-07-07,0.0,5.71,5.62,5.71,
EXC,1976-07-08,0.0,5.8,5.71,5.71,
EXC,1976-07-09,0.0,5.88,5.71,5.75,
EXC,1976-07-12,0.0,5.8,5.71,5.75,
EXC,1976-07-13,0.0,5.84,5.75,5.84,
EXC,1976-07-14,0.0,5.88,5.8,5.88,
EXC,1976-07-15,0.0,5.88,5.8,5.8,
EXC,1976-07-16,0.0,5.84,5.71,5.8,
EXC,1976-07-19,0.0,5.84,5.75,5.8,
EXC,1976-07-20,0.0,5.84,5.75,5.8,
EXC,1976-07-21,0.0,5.88,5.8,5.84,
EXC,1976-07-22,0.0,5.88,5.8,5.8,
EXC,1976-07-23,0.0,5.88,5.75,5.88,
EXC,1976-07-26,0.0,5.88,5.75,5.8,
EXC,1976-07-27,0.0,5.84,5.71,5.8,
EXC,1976-07-28,0.0,5.84,5.75,5.75,
EXC,1976-07-29,0.0,5.84,5.75,5.75,
EXC,1976-07-30,0.0,5.84,5.75,5.84,
EXC,1976-08-02,0.0,5.93,5.75,5.88,
EXC,1976-08-03,0.0,5.97,5.8,5.84,
EXC,1976-08-04,0.0,5.97,5.84,5.88,
EXC,1976-08-05,0.0,5.97,5.88,5.97,
EXC,1976-08-06,0.0,5.97,5.93,5.97,
EXC,1976-08-09,0.0,6.02,5.93,6.02,
EXC,1976-08-10,0.0,6.06,6.02,6.02,
EXC,1976-08-11,0.0,6.11,6.02,6.11,
EXC,1976-08-12,0.0,6.11,6.02,6.11,
EXC,1976-08-13,0.0,6.11,6.02,6.06,
EXC,1976-08-16,0.0,6.15,6.06,6.11,
EXC,1976-08-17,0.0,6.2,6.06,6.11,
EXC,1976-08-18,0.0,6.2,6.06,6.15,
EXC,1976-08-19,0.0,6.2,6.06,6.06,
EXC,1976-08-20,0.0,6.11,6.02,6.11,
EXC,1976-08-23,0.0,6.02,5.84,5.88,
EXC,1976-08-24,0.0,5.93,5.84,5.88,
EXC,1976-08-25,0.0,5.93,5.84,5.88,
EXC,1976-08-26,0.0,5.97,5.84,5.93,
EXC,1976-08-27,0.0,5.97,5.84,5.88,
EXC,1976-08-30,0.0,5.97,5.84,5.93,
EXC,1976-08-31,0.0,5.97,5.84,5.88,
EXC,1976-09-01,0.0,5.97,5.84,5.93,
EXC,1976-09-02,0.0,5.97,5.88,5.93,
EXC,1976-09-03,0.0,5.97,5.88,5.97,
EXC,1976-09-07,0.0,6.02,5.93,6.02,
EXC,1976-09-08,0.0,6.06,5.97,6.02,
EXC,1976-09-09,0.0,6.06,6.02,6.06,
EXC,1976-09-10,0.0,6.06,6.02,6.06,
EXC,1976-09-13,0.0,6.06,6.02,6.06,
EXC,1976-09-14,0.0,6.06,6.02,6.06,
EXC,1976-09-15,0.0,6.11,5.97,6.02,
EXC,1976-09-16,0.0,6.11,6.02,6.11,
EXC,1976-09-17,0.0,6.2,6.11,6.2,
EXC,1976-09-20,0.0,6.24,6.06,6.24,
EXC,1976-09-21,0.0,6.29,6.15,6.29,
EXC,1976-09-22,0.0,6.33,6.06,6.2,
EXC,1976-09-23,0.0,6.29,6.2,6.2,
EXC,1976-09-24,0.0,6.24,6.15,6.2,
EXC,1976-09-27,0.0,6.24,6.06,6.2,
EXC,1976-09-28,0.0,6.29,6.2,6.24,
EXC,1976-09-29,0.0,6.29,6.15,6.24,
EXC,1976-09-30,0.0,6.24,6.15,6.24,
EXC,1976-10-01,0.0,6.29,6.2,6.2,
EXC,1976-10-04,0.0,6.29,6.2,6.24,
EXC,1976-10-05,0.0,6.24,6.15,6.2,
EXC,1976-10-06,0.0,6.24,6.15,6.2,
EXC,1976-10-07,0.0,6.29,6.24,6.29,
EXC,1976-10-08,0.0,6.29,6.24,6.24,
EXC,1976-10-11,0.0,6.29,6.24,6.24,
EXC,1976-10-12,0.0,6.29,6.24,6.24,
EXC,1976-10-13,0.0,6.29,6.24,6.24,
EXC,1976-10-14,0.0,6.24,6.15,6.24,
EXC,1976-10-15,0.0,6.24,6.2,6.2,
EXC,1976-10-18,0.0,6.24,6.15,6.15,
EXC,1976-10-19,0.0,6.24,6.15,6.15,
EXC,1976-10-20,0.0,6.2,6.11,6.11,
EXC,1976-10-21,0.0,6.15,6.11,6.15,
EXC,1976-10-22,0.0,6.15,6.02,6.06,
EXC,1976-10-25,0.0,6.15,6.06,6.11,
EXC,1976-10-26,0.0,6.15,6.11,6.11,
EXC,1976-10-27,0.0,6.15,6.06,6.15,
EXC,1976-10-28,0.0,6.2,6.11,6.15,
EXC,1976-10-29,0.0,6.2,6.06,6.15,
EXC,1976-11-01,0.0,6.24,6.15,6.24,
EXC,1976-11-03,0.0,6.24,6.15,6.15,
EXC,1976-11-04,0.0,6.24,6.15,6.2,
EXC,1976-11-05,0.0,6.15,6.06,6.06,
EXC,1976-11-08,0.0,6.11,6.02,6.02,
EXC,1976-11-09,0.0,6.06,6.02,6.02,
EXC,1976-11-10,0.0,6.06,5.93,6.02,
EXC,1976-11-11,0.0,6.02,5.97,6.02,
EXC,1976-11-12,0.0,6.11,6.02,6.06,
EXC,1976-11-15,0.0,6.06,5.97,5.97,
EXC,1976-11-16,0.0,6.02,5.93,5.93,
EXC,1976-11-17,0.0,5.97,5.57,5.97,
EXC,1976-11-18,0.0,6.02,5.88,5.93,
EXC,1976-11-19,0.0,6.06,5.97,5.97,
EXC,1976-11-22,0.0,6.06,5.97,5.97,
EXC,1976-11-23,0.0,6.06,5.97,6.02,
EXC,1976-11-24,0.0,6.02,5.93,5.97,
EXC,1976-11-26,0.0,6.06,5.97,6.06,
EXC,1976-11-29,0.0,6.06,5.93,5.97,
EXC,1976-11-30,0.0,6.02,5.88,5.97,
EXC,1976-12-01,0.0,6.02,5.93,5.97,
EXC,1976-12-02,0.0,6.02,5.93,6.02,
EXC,1976-12-03,0.0,6.06,5.97,6.06,
EXC,1976-12-06,0.0,6.06,6.02,6.06,
EXC,1976-12-07,0.0,6.11,6.02,6.06,
EXC,1976-12-08,0.0,6.11,6.02,6.11,
EXC,1976-12-09,0.0,6.11,6.02,6.06,
EXC,1976-12-10,0.0,6.2,6.06,6.15,
EXC,1976-12-13,0.0,6.2,6.06,6.15,
EXC,1976-12-14,0.0,6.15,6.06,6.15,
EXC,1976-12-15,0.0,6.15,6.11,6.15,
EXC,1976-12-16,0.0,6.11,6.02,6.02,
EXC,1976-12-17,0.0,6.11,6.02,6.06,
EXC,1976-12-20,0.0,6.11,6.02,6.11,
EXC,1976-12-21,0.0,6.15,6.02,6.11,
EXC,1976-12-22,0.0,6.15,6.06,6.15,
EXC,1976-12-23,0.0,6.2,6.11,6.2,
EXC,1976-12-27,0.0,6.29,6.06,6.2,
EXC,1976-12-28,0.0,6.29,6.11,6.24,
EXC,1976-12-29,0.0,6.37,6.24,6.33,
EXC,1976-12-30,0.0,6.37,6.29,6.29,
EXC,1976-12-31,0.0,6.42,6.33,6.37,
EXC,1977-01-03,0.0,6.42,6.33,6.42,
EXC,1977-01-04,0.0,6.46,6.37,6.42,
EXC,1977-01-05,0.0,6.42,6.33,6.37,
EXC,1977-01-06,0.0,6.46,6.37,6.42,
EXC,1977-01-07,0.0,6.42,6.33,6.37,
EXC,1977-01-10,0.0,6.42,6.37,6.42,
EXC,1977-01-11,0.0,6.42,6.33,6.33,
EXC,1977-01-12,0.0,6.37,6.29,6.29,
EXC,1977-01-13,0.0,6.37,6.29,6.33,
EXC,1977-01-14,0.0,6.37,6.33,6.37,
EXC,1977-01-17,0.0,6.42,6.33,6.37,
EXC,1977-01-18,0.0,6.37,6.33,6.37,
EXC,1977-01-19,0.0,6.42,6.29,6.33,
EXC,1977-01-20,0.0,6.51,6.2,6.51,
EXC,1977-01-21,0.0,6.6,6.42,6.51,
EXC,1977-01-24,0.0,6.6,6.46,6.6,
EXC,1977-01-25,0.0,6.64,6.42,6.55,
EXC,1977-01-26,0.0,6.6,6.51,6.6,
EXC,1977-01-27,0.0,6.64,6.51,6.51,
EXC,1977-01-28,0.0,6.55,6.46,6.51,
EXC,1977-01-31,0.0,6.51,6.42,6.46,
EXC,1977-02-01,0.0,6.51,6.42,6.46,
EXC,1977-02-02,0.0,6.51,6.42,6.46,
EXC,1977-02-03,0.0,6.51,6.46,6.46,
EXC,1977-02-04,0.0,6.55,6.42,6.46,
EXC,1977-02-07,0.0,6.51,6.42,6.46,
EXC,1977-02-08,0.0,6.46,6.42,6.42,
EXC,1977-02-09,0.0,6.46,6.42,6.42,
EXC,1977-02-10,0.0,6.46,6.37,6.37,
EXC,1977-02-11,0.0,6.42,6.33,6.37,
EXC,1977-02-14,0.0,6.46,6.42,6.42,
EXC,1977-02-15,0.0,6.46,6.37,6.42,
EXC,1977-02-16,0.0,6.46,6.42,6.46,
EXC,1977-02-17,0.0,6.51,6.42,6.42,
EXC,1977-02-18,0.0,6.46,6.42,6.42,
EXC,1977-02-22,0.0,6.46,6.33,6.37,
EXC,1977-02-23,0.0,6.42,6.33,6.37,
EXC,1977-02-24,0.0,6.37,6.33,6.37,
EXC,1977-02-25,0.0,6.42,6.33,6.37,
EXC,1977-02-28,0.0,6.24,6.2,6.24,
EXC,1977-03-01,0.0,6.29,6.2,6.29,
EXC,1977-03-02,0.0,6.29,6.24,6.24,
EXC,1977-03-03,0.0,6.33,6.29,6.33,
EXC,1977-03-04,0.0,6.33,6.24,6.29,
EXC,1977-03-07,0.0,6.37,6.29,6.33,
EXC,1977-03-08,0.0,6.33,6.24,6.24,
EXC,1977-03-09,0.0,6.29,6.2,6.2,
EXC,1977-03-10,0.0,6.24,6.2,6.2,
EXC,1977-03-11,0.0,6.24,6.2,6.2,
EXC,1977-03-14,0.0,6.29,6.2,6.29,
EXC,1977-03-15,0.0,6.29,6.2,6.29,
EXC,1977-03-16,0.0,6.29,6.24,6.29,
EXC,1977-03-17,0.0,6.29,6.2,6.24,
EXC,1977-03-18,0.0,6.29,6.2,6.24,
EXC,1977-03-21,0.0,6.29,6.2,6.2,
EXC,1977-03-22,0.0,6.24,6.2,6.24,
EXC,1977-03-23,0.0,6.24,6.2,6.2,
EXC,1977-03-24,0.0,6.24,6.15,6.2,
EXC,1977-03-25,0.0,6.24,6.15,6.15,
EXC,1977-03-28,0.0,6.6,6.11,6.55,
EXC,1977-03-29,0.0,6.6,6.46,6.6,
EXC,1977-03-30,0.0,6.6,6.51,6.55,
EXC,1977-03-31,0.0,6.64,6.55,6.6,
EXC,1977-04-01,0.0,6.78,6.6,6.73,
EXC,1977-04-04,0.0,6.82,6.69,6.78,
EXC,1977-04-05,0.0,6.82,6.73,6.73,
EXC,1977-04-06,0.0,6.82,6.73,6.78,
EXC,1977-04-07,0.0,6.82,6.73,6.78,
EXC,1977-04-11,0.0,6.82,6.73,6.78,
EXC,1977-04-12,0.0,6.78,6.73,6.78,
EXC,1977-04-13,0.0,6.82,6.78,6.82,
EXC,1977-04-14,0.0,6.87,6.78,6.78,
EXC,1977-04-15,0.0,6.87,6.78,6.82,
EXC,1977-04-18,0.0,6.82,6.78,6.78,
EXC,1977-04-19,0.0,6.82,6.78,6.82,
EXC,1977-04-20,0.0,6.87,6.78,6.82,
EXC,1977-04-21,0.0,6.87,6.78,6.78,
EXC,1977-04-22,0.0,6.82,6.78,6.82,
EXC,1977-04-25,0.0,6.82,6.78,6.82,
EXC,1977-04-26,0.0,6.82,6.78,6.78,
EXC,1977-04-27,0.0,6.82,6.78,6.78,
EXC,1977-04-28,0.0,6.87,6.73,6.78,
EXC,1977-04-29,0.0,6.87,6.78,6.82,
EXC,1977-05-02,0.0,7.09,6.78,6.87,
EXC,1977-05-03,0.0,6.87,6.82,6.82,
EXC,1977-05-04,0.0,6.87,6.82,6.82,
EXC,1977-05-05,0.0,7.04,6.78,6.82,
EXC,1977-05-06,0.0,6.91,6.82,6.91,
EXC,1977-05-09,0.0,6.91,6.87,6.91,
EXC,1977-05-10,0.0,6.91,6.87,6.87,
EXC,1977-05-11,0.0,6.91,6.87,6.91,
EXC,1977-05-12,0.0,6.95,6.82,6.87,
EXC,1977-05-13,0.0,6.91,6.87,6.91,
EXC,1977-05-16,0.0,6.95,6.87,6.95,
EXC,1977-05-17,0.0,6.95,6.82,6.95,
EXC,1977-05-18,0.0,7.09,6.91,7.04,
EXC,1977-05-19,0.0,7.09,7.0,7.04,
EXC,1977-05-20,0.0,7.09,6.91,7.0,
EXC,1977-05-23,0.0,7.09,6.95,7.09,
EXC,1977-05-24,0.0,7.18,7.04,7.13,
EXC,1977-05-25,0.0,7.13,7.04,7.04,
EXC,1977-05-26,0.0,6.91,6.78,6.82,
EXC,1977-05-27,0.0,6.91,6.78,6.91,
EXC,1977-05-31,0.0,6.91,6.78,6.87,
EXC,1977-06-01,0.0,6.91,6.82,6.87,
EXC,1977-06-02,0.0,6.87,6.82,6.82,
EXC,1977-06-03,0.0,6.87,6.82,6.87,
EXC,1977-06-06,0.0,6.91,6.82,6.91,
EXC,1977-06-07,0.0,6.95,6.82,6.91,
EXC,1977-06-08,0.0,6.95,6.87,6.87,
EXC,1977-06-09,0.0,6.95,6.87,6.95,
EXC,1977-06-10,0.0,6.95,6.87,6.91,
EXC,1977-06-13,0.0,7.0,6.91,6.91,
EXC,1977-06-14,0.0,7.04,6.95,7.04,
EXC,1977-06-15,0.0,7.04,6.91,7.04,
EXC,1977-06-16,0.0,7.04,7.0,7.04,
EXC,1977-06-17,0.0,7.09,7.0,7.04,
EXC,1977-06-20,0.0,7.18,7.04,7.13,
EXC,1977-06-21,0.0,7.18,7.13,7.13,
EXC,1977-06-22,0.0,7.13,7.09,7.13,
EXC,1977-06-23,0.0,7.18,7.09,7.13,
EXC,1977-06-24,0.0,7.22,7.13,7.22,
EXC,1977-06-27,0.0,7.22,7.13,7.13,
EXC,1977-06-28,0.0,7.18,7.13,7.18,
EXC,1977-06-29,0.0,7.22,7.13,7.22,
EXC,1977-06-30,0.0,7.27,7.18,7.22,
EXC,1977-07-01,0.0,7.31,7.22,7.27,
EXC,1977-07-05,0.0,7.31,7.27,7.31,
EXC,1977-07-06,0.0,7.36,7.22,7.36,
EXC,1977-07-07,0.0,7.4,7.31,7.36,
EXC,1977-07-08,0.0,7.44,7.31,7.4,
EXC,1977-07-11,0.0,7.44,7.36,7.44,
EXC,1977-07-12,0.0,7.49,7.4,7.44,
EXC,1977-07-13,0.0,7.49,7.4,7.44,
EXC,1977-07-15,0.0,7.49,7.36,7.44,
EXC,1977-07-18,0.0,7.49,7.36,7.49,
EXC,1977-07-19,0.0,7.49,7.44,7.44,
EXC,1977-07-20,0.0,7.49,7.4,7.44,
EXC,1977-07-21,0.0,7.49,7.44,7.49,
EXC,1977-07-22,0.0,7.49,7.18,7.49,
EXC,1977-07-25,0.0,7.58,7.31,7.31,
EXC,1977-07-26,0.0,7.4,7.36,7.36,
EXC,1977-07-27,0.0,7.4,7.27,7.31,
EXC,1977-07-28,0.0,7.53,7.18,7.22,
EXC,1977-07-29,0.0,7.31,7.18,7.27,
EXC,1977-08-01,0.0,7.31,7.22,7.27,
EXC,1977-08-02,0.0,7.36,7.27,7.31,
EXC,1977-08-03,0.0,7.36,7.22,7.22,
EXC,1977-08-04,0.0,7.31,7.22,7.27,
EXC,1977-08-05,0.0,7.31,7.22,7.27,
EXC,1977-08-08,0.0,7.4,7.27,7.31,
EXC,1977-08-09,0.0,7.31,7.22,7.31,
EXC,1977-08-10,0.0,7.36,7.27,7.31,
EXC,1977-08-11,0.0,7.4,7.31,7.36,
EXC,1977-08-12,0.0,7.4,7.36,7.36,
EXC,1977-08-15,0.0,7.44,7.36,7.4,
EXC,1977-08-16,0.0,7.44,7.27,7.4,
EXC,1977-08-17,0.0,7.44,7.36,7.44,
EXC,1977-08-18,0.0,7.49,7.44,7.44,
EXC,1977-08-19,0.0,7.44,7.4,7.4,
EXC,1977-08-22,0.0,7.44,7.4,7.4,
EXC,1977-08-23,0.0,7.44,7.4,7.4,
EXC,1977-08-24,0.0,7.4,7.36,7.4,
EXC,1977-08-25,0.0,7.49,7.4,7.44,
EXC,1977-08-26,0.0,7.4,7.18,7.18,
EXC,1977-08-29,0.0,7.22,7.13,7.18,
EXC,1977-08-30,0.0,7.27,7.18,7.22,
EXC,1977-08-31,0.0,7.22,7.13,7.13,
EXC,1977-09-01,0.0,7.18,7.13,7.13,
EXC,1977-09-02,0.0,7.22,7.13,7.22,
EXC,1977-09-06,0.0,7.27,7.18,7.22,
EXC,1977-09-07,0.0,7.27,7.18,7.27,
EXC,1977-09-08,0.0,7.31,7.04,7.13,
EXC,1977-09-09,0.0,7.13,7.04,7.13,
EXC,1977-09-12,0.0,7.13,7.0,7.13,
EXC,1977-09-13,0.0,7.13,7.0,7.04,
EXC,1977-09-14,0.0,7.04,6.95,7.04,
EXC,1977-09-15,0.0,7.09,7.0,7.09,
EXC,1977-09-16,0.0,7.09,7.0,7.04,
EXC,1977-09-19,0.0,7.04,7.0,7.04,
EXC,1977-09-20,0.0,7.04,6.91,6.95,
EXC,1977-09-21,0.0,6.95,6.87,6.91,
EXC,1977-09-22,0.0,6.91,6.64,6.82,
EXC,1977-09-23,0.0,6.87,6.78,6.87,
EXC,1977-09-26,0.0,6.91,6.78,6.82,
EXC,1977-09-27,0.0,6.91,6.82,6.91,
EXC,1977-09-28,0.0,7.04,6.87,7.04,
EXC,1977-09-29,0.0,7.13,7.04,7.09,
EXC,1977-09-30,0.0,7.18,7.09,7.13,
EXC,1977-10-03,0.0,7.18,7.09,7.18,
EXC,1977-10-04,0.0,7.18,7.09,7.13,
EXC,1977-10-05,0.0,7.18,7.04,7.13,
EXC,1977-10-06,0.0,7.22,7.13,7.18,
EXC,1977-10-07,0.0,7.18,7.13,7.13,
EXC,1977-10-10,0.0,7.18,7.13,7.18,
EXC,1977-10-11,0.0,7.18,7.13,7.18,
EXC,1977-10-12,0.0,7.18,7.13,7.18,
EXC,1977-10-13,0.0,7.18,7.13,7.18,
EXC,1977-10-14,0.0,7.18,7.09,7.18,
EXC,1977-10-17,0.0,7.13,7.09,7.09,
EXC,1977-10-18,0.0,7.18,7.09,7.18,
EXC,1977-10-19,0.0,7.18,7.13,7.18,
EXC,1977-10-20,0.0,7.13,7.09,7.09,
EXC,1977-10-21,0.0,7.18,7.13,7.18,
EXC,1977-10-24,0.0,7.13,7.09,7.13,
EXC,1977-10-25,0.0,7.13,7.09,7.09,
EXC,1977-10-26,0.0,7.13,7.04,7.13,
EXC,1977-10-27,0.0,7.13,7.09,7.09,
EXC,1977-10-28,0.0,7.13,7.09,7.13,
EXC,1977-10-31,0.0,7.18,7.09,7.13,
EXC,1977-11-01,0.0,7.18,7.13,7.18,
EXC,1977-11-02,0.0,7.18,7.13,7.18,
EXC,1977-11-03,0.0,7.22,7.13,7.22,
EXC,1977-11-04,0.0,7.09,7.04,7.04,
EXC,1977-11-07,0.0,7.09,7.04,7.09,
EXC,1977-11-08,0.0,7.13,7.04,7.13,
EXC,1977-11-09,0.0,7.13,7.04,7.13,
EXC,1977-11-10,0.0,7.13,7.04,7.13,
EXC,1977-11-11,0.0,7.13,7.09,7.13,
EXC,1977-11-14,0.0,7.13,7.09,7.09,
EXC,1977-11-15,0.0,7.13,7.04,7.04,
EXC,1977-11-16,0.0,7.09,7.04,7.09,
EXC,1977-11-17,0.0,7.13,7.09,7.13,
EXC,1977-11-18,0.0,7.09,7.0,7.04,
EXC,1977-11-21,0.0,7.13,7.0,7.09,
EXC,1977-11-22,0.0,7.13,7.04,7.09,
EXC,1977-11-23,0.0,7.13,7.09,7.13,
EXC,1977-11-25,0.0,7.13,7.04,7.13,
EXC,1977-11-28,0.0,7.13,7.04,7.13,
EXC,1977-11-29,0.0,7.13,7.04,7.09,
EXC,1977-11-30,0.0,7.09,7.0,7.04,
EXC,1977-12-01,0.0,7.09,7.04,7.09,
EXC,1977-12-02,0.0,7.13,7.04,7.13,
EXC,1977-12-05,0.0,7.18,7.09,7.13,
EXC,1977-12-06,0.0,7.18,7.09,7.09,
EXC,1977-12-07,0.0,7.13,7.09,7.09,
EXC,1977-12-08,0.0,7.13,7.09,7.09,
EXC,1977-12-09,0.0,7.13,7.04,7.09,
EXC,1977-12-12,0.0,7.09,7.0,7.0,
EXC,1977-12-13,0.0,7.04,7.0,7.04,
EXC,1977-12-14,0.0,7.04,6.95,7.0,
EXC,1977-12-15,0.0,7.04,6.91,7.04,
EXC,1977-12-16,0.0,7.04,6.91,7.0,
EXC,1977-12-19,0.0,7.0,6.82,6.91,
EXC,1977-12-20,0.0,6.95,6.87,6.91,
EXC,1977-12-21,0.0,6.91,6.82,6.87,
EXC,1977-12-22,0.0,7.0,6.87,6.95,
EXC,1977-12-23,0.0,7.04,6.91,7.0,
EXC,1977-12-27,0.0,7.09,7.0,7.04,
EXC,1977-12-28,0.0,7.04,6.87,7.0,
EXC,1977-12-29,0.0,7.04,6.95,7.0,
EXC,1977-12-30,0.0,7.04,6.95,7.0,
EXC,1978-01-03,0.0,7.04,6.95,7.0,
EXC,1978-01-04,0.0,7.0,6.82,6.95,
EXC,1978-01-05,0.0,7.04,6.87,6.87,
EXC,1978-01-06,0.0,6.91,6.82,6.91,
EXC,1978-01-09,0.0,6.91,6.78,6.87,
EXC,1978-01-10,0.0,6.87,6.78,6.78,
EXC,1978-01-11,0.0,6.87,6.78,6.82,
EXC,1978-01-12,0.0,6.87,6.78,6.82,
EXC,1978-01-13,0.0,7.0,6.82,6.82,
EXC,1978-01-16,0.0,6.91,6.82,6.82,
EXC,1978-01-17,0.0,6.91,6.82,6.87,
EXC,1978-01-18,0.0,6.91,6.82,6.82,
EXC,1978-01-19,0.0,6.91,6.82,6.82,
EXC,1978-01-20,0.0,6.87,6.82,6.82,
EXC,1978-01-23,0.0,6.87,6.78,6.78,
EXC,1978-01-24,0.0,6.82,6.78,6.78,
EXC,1978-01-25,0.0,6.82,6.78,6.78,
EXC,1978-01-26,0.0,6.82,6.69,6.73,
EXC,1978-01-27,0.0,6.78,6.64,6.78,
EXC,1978-01-30,0.0,6.82,6.73,6.82,
EXC,1978-01-31,0.0,6.87,6.78,6.78,
EXC,1978-02-01,0.0,6.87,6.78,6.82,
EXC,1978-02-02,0.0,6.87,6.78,6.82,
EXC,1978-02-03,0.0,6.87,6.78,6.82,
EXC,1978-02-06,0.0,6.87,6.78,6.78,
EXC,1978-02-07,0.0,6.87,6.78,6.82,
EXC,1978-02-08,0.0,6.87,6.78,6.82,
EXC,1978-02-09,0.0,6.87,6.78,6.78,
EXC,1978-02-10,0.0,6.87,6.78,6.87,
EXC,1978-02-13,0.0,6.87,6.82,6.82,
EXC,1978-02-14,0.0,6.91,6.82,6.82,
EXC,1978-02-15,0.0,6.87,6.82,6.87,
EXC,1978-02-16,0.0,6.91,6.82,6.91,
EXC,1978-02-17,0.0,6.91,6.87,6.87,
EXC,1978-02-21,0.0,6.91,6.78,6.78,
EXC,1978-02-22,0.0,6.87,6.78,6.87,
EXC,1978-02-23,0.0,6.69,6.6,6.64,
EXC,1978-02-24,0.0,6.69,6.6,6.6,
EXC,1978-02-27,0.0,6.69,6.55,6.64,
EXC,1978-02-28,0.0,6.64,6.6,6.6,
EXC,1978-03-01,0.0,6.64,6.55,6.64,
EXC,1978-03-02,0.0,6.64,6.55,6.6,
EXC,1978-03-03,0.0,6.64,6.6,6.6,
EXC,1978-03-06,0.0,6.64,6.6,6.6,
EXC,1978-03-07,0.0,6.64,6.55,6.6,
EXC,1978-03-08,0.0,6.64,6.6,6.64,
EXC,1978-03-09,0.0,6.64,6.6,6.6,
EXC,1978-03-10,0.0,6.73,6.64,6.69,
EXC,1978-03-13,0.0,6.78,6.69,6.78,
EXC,1978-03-14,0.0,6.78,6.69,6.78,
EXC,1978-03-15,0.0,6.78,6.69,6.73,
EXC,1978-03-16,0.0,6.73,6.69,6.73,
EXC,1978-03-17,0.0,6.69,6.64,6.69,
EXC,1978-03-20,0.0,6.73,6.64,6.69,
EXC,1978-03-21,0.0,6.69,6.64,6.64,
EXC,1978-03-22,0.0,6.73,6.64,6.69,
EXC,1978-03-23,0.0,6.73,6.69,6.69,
EXC,1978-03-27,0.0,6.73,6.69,6.69,
EXC,1978-03-28,0.0,6.73,6.64,6.64,
EXC,1978-03-29,0.0,6.73,6.64,6.69,
EXC,1978-03-30,0.0,6.69,6.64,6.64,
EXC,1978-03-31,0.0,6.69,6.64,6.69,
EXC,1978-04-03,0.0,6.73,6.64,6.64,
EXC,1978-04-04,0.0,6.69,6.64,6.69,
EXC,1978-04-05,0.0,6.69,6.64,6.69,
EXC,1978-04-06,0.0,6.69,6.6,6.64,
EXC,1978-04-07,0.0,6.69,6.6,6.64,
EXC,1978-04-10,0.0,6.69,6.6,6.6,
EXC,1978-04-11,0.0,6.64,6.6,6.6,
EXC,1978-04-12,0.0,6.64,6.6,6.64,
EXC,1978-04-13,0.0,6.64,6.6,6.6,
EXC,1978-04-14,0.0,6.69,6.55,6.6,
EXC,1978-04-17,0.0,6.6,6.55,6.55,
EXC,1978-04-18,0.0,6.6,6.55,6.55,
EXC,1978-04-19,0.0,6.6,6.55,6.6,
EXC,1978-04-20,0.0,6.6,6.51,6.55,
EXC,1978-04-21,0.0,6.69,6.51,6.55,
EXC,1978-04-24,0.0,6.6,6.51,6.55,
EXC,1978-04-25,0.0,6.6,6.46,6.6,
EXC,1978-04-26,0.0,6.6,6.51,6.55,
EXC,1978-04-27,0.0,6.55,6.46,6.51,
EXC,1978-04-28,0.0,6.78,6.51,6.55,
EXC,1978-05-01,0.0,6.55,6.51,6.51,
EXC,1978-05-02,0.0,6.55,6.46,6.55,
EXC,1978-05-03,0.0,6.55,6.51,6.55,
EXC,1978-05-04,0.0,6.55,6.46,6.51,
EXC,1978-05-05,0.0,6.51,6.46,6.46,
EXC,1978-05-08,0.0,6.51,6.46,6.46,
EXC,1978-05-09,0.0,6.73,6.46,6.46,
EXC,1978-05-10,0.0,6.51,6.46,6.51,
EXC,1978-05-11,0.0,6.51,6.42,6.51,
EXC,1978-05-12,0.0,6.55,6.42,6.42,
EXC,1978-05-15,0.0,6.51,6.42,6.46,
EXC,1978-05-16,0.0,6.46,6.42,6.46,
EXC,1978-05-17,0.0,6.46,6.42,6.46,
EXC,1978-05-18,0.0,6.46,6.42,6.46,
EXC,1978-05-19,0.0,6.46,6.42,6.46,
EXC,1978-05-22,0.0,6.51,6.46,6.51,
EXC,1978-05-23,0.0,6.37,6.24,6.29,
EXC,1978-05-24,0.0,6.29,6.2,6.2,
EXC,1978-05-25,0.0,6.33,6.2,6.24,
EXC,1978-05-26,0.0,6.33,6.2,6.24,
EXC,1978-05-30,0.0,6.33,6.29,6.33,
EXC,1978-05-31,0.0,6.33,6.24,6.24,
EXC,1978-06-01,0.0,6.33,6.24,6.29,
EXC,1978-06-02,0.0,6.33,6.24,6.29,
EXC,1978-06-05,0.0,6.33,6.29,6.29,
EXC,1978-06-06,0.0,6.37,6.29,6.33,
EXC,1978-06-07,0.0,6.33,6.24,6.33,
EXC,1978-06-08,0.0,6.37,6.24,6.24,
EXC,1978-06-09,0.0,6.33,6.15,6.24,
EXC,1978-06-12,0.0,6.29,6.2,6.24,
EXC,1978-06-13,0.0,6.24,6.15,6.24,
EXC,1978-06-14,0.0,6.29,6.24,6.29,
EXC,1978-06-15,0.0,6.29,6.24,6.24,
EXC,1978-06-16,0.0,6.24,6.15,6.24,
EXC,1978-06-19,0.0,6.24,6.11,6.2,
EXC,1978-06-20,0.0,6.2,6.06,6.11,
EXC,1978-06-21,0.0,6.11,6.06,6.06,
EXC,1978-06-22,0.0,6.15,6.02,6.11,
EXC,1978-06-23,0.0,6.24,6.11,6.11,
EXC,1978-06-26,0.0,6.11,6.02,6.11,
EXC,1978-06-27,0.0,6.24,6.11,6.2,
EXC,1978-06-28,0.0,6.33,6.15,6.24,
EXC,1978-06-29,0.0,6.29,6.2,6.24,
EXC,1978-06-30,0.0,6.24,6.15,6.24,
EXC,1978-07-03,0.0,6.24,6.15,6.2,
EXC,1978-07-05,0.0,6.29,6.15,6.15,
EXC,1978-07-06,0.0,6.2,6.11,6.2,
EXC,1978-07-07,0.0,6.29,6.15,6.24,
EXC,1978-07-10,0.0,6.33,6.2,6.2,
EXC,1978-07-11,0.0,6.29,6.2,6.24,
EXC,1978-07-12,0.0,6.29,6.24,6.29,
EXC,1978-07-13,0.0,6.33,6.24,6.33,
EXC,1978-07-14,0.0,6.33,6.24,6.29,
EXC,1978-07-17,0.0,6.37,6.24,6.29,
EXC,1978-07-18,0.0,6.37,6.24,6.33,
EXC,1978-07-19,0.0,6.37,6.24,6.37,
EXC,1978-07-20,0.0,6.37,6.24,6.33,
EXC,1978-07-21,0.0,6.37,6.11,6.33,
EXC,1978-07-24,0.0,6.37,6.29,6.33,
EXC,1978-07-25,0.0,6.37,6.29,6.33,
EXC,1978-07-26,0.0,6.42,6.29,6.29,
EXC,1978-07-27,0.0,6.42,6.29,6.42,
EXC,1978-07-28,0.0,6.46,6.37,6.42,
EXC,1978-07-31,0.0,6.51,6.42,6.51,
EXC,1978-08-01,0.0,6.6,6.46,6.51,
EXC,1978-08-02,0.0,6.55,6.2,6.51,
EXC,1978-08-03,0.0,6.55,6.42,6.46,
EXC,1978-08-04,0.0,6.55,6.46,6.51,
EXC,1978-08-07,0.0,6.55,6.42,6.51,
EXC,1978-08-08,0.0,6.55,6.46,6.51,
EXC,1978-08-09,0.0,6.55,6.46,6.46,
EXC,1978-08-10,0.0,6.51,6.46,6.51,
EXC,1978-08-11,0.0,6.6,6.51,6.51,
EXC,1978-08-14,0.0,6.6,6.46,6.51,
EXC,1978-08-15,0.0,6.55,6.42,6.55,
EXC,1978-08-16,0.0,6.6,6.51,6.55,
EXC,1978-08-17,0.0,6.55,6.46,6.51,
EXC,1978-08-18,0.0,6.6,6.51,6.55,
EXC,1978-08-21,0.0,6.6,6.51,6.6,
EXC,1978-08-22,0.0,6.64,6.51,6.64,
EXC,1978-08-23,0.0,6.73,6.6,6.64,
EXC,1978-08-24,0.0,6.51,6.33,6.33,
EXC,1978-08-25,0.0,6.46,6.33,6.46,
EXC,1978-08-28,0.0,6.42,6.33,6.33,
EXC,1978-08-29,0.0,6.42,6.33,6.37,
EXC,1978-08-30,0.0,6.46,6.33,6.37,
EXC,1978-08-31,0.0,6.37,6.33,6.37,
EXC,1978-09-01,0.0,6.37,6.33,6.37,
EXC,1978-09-05,0.0,6.42,6.29,6.33,
EXC,1978-09-06,0.0,6.37,6.29,6.33,
EXC,1978-09-07,0.0,6.37,6.29,6.33,
EXC,1978-09-08,0.0,6.37,6.29,6.37,
EXC,1978-09-11,0.0,6.37,6.33,6.33,
EXC,1978-09-12,0.0,6.37,6.33,6.33,
EXC,1978-09-13,0.0,6.33,6.24,6.29,
EXC,1978-09-14,0.0,6.33,6.24,6.24,
EXC,1978-09-15,0.0,6.33,6.15,6.33,
EXC,1978-09-18,0.0,6.37,6.24,6.33,
EXC,1978-09-19,0.0,6.37,6.29,6.33,
EXC,1978-09-20,0.0,6.37,6.29,6.29,
EXC,1978-09-21,0.0,6.33,6.29,6.29,
EXC,1978-09-22,0.0,6.33,6.24,6.24,
EXC,1978-09-25,0.0,6.33,6.24,6.29,
EXC,1978-09-26,0.0,6.33,6.24,6.29,
EXC,1978-09-27,0.0,6.37,6.06,6.33,
EXC,1978-09-28,0.0,6.33,6.24,6.24,
EXC,1978-09-29,0.0,6.33,6.29,6.33,
EXC,1978-10-02,0.0,6.33,6.24,6.29,
EXC,1978-10-03,0.0,6.33,6.24,6.24,
EXC,1978-10-04,0.0,6.33,6.24,6.33,
EXC,1978-10-05,0.0,6.33,6.24,6.29,
EXC,1978-10-06,0.0,6.33,6.2,6.33,
EXC,1978-10-09,0.0,6.33,6.29,6.33,
EXC,1978-10-10,0.0,6.33,6.29,6.29,
EXC,1978-10-11,0.0,6.37,6.29,6.33,
EXC,1978-10-12,0.0,6.33,6.29,6.29,
EXC,1978-10-13,0.0,6.33,6.24,6.24,
EXC,1978-10-16,0.0,6.33,6.24,6.33,
EXC,1978-10-17,0.0,6.33,6.2,6.29,
EXC,1978-10-18,0.0,6.33,6.2,6.33,
EXC,1978-10-19,0.0,6.33,6.24,6.24,
EXC,1978-10-20,0.0,6.29,6.2,6.29,
EXC,1978-10-23,0.0,6.29,6.15,6.24,
EXC,1978-10-24,0.0,6.29,6.2,6.2,
EXC,1978-10-25,0.0,6.24,6.2,6.24,
EXC,1978-10-26,0.0,6.2,6.11,6.2,
EXC,1978-10-27,0.0,6.2,6.11,6.11,
EXC,1978-10-30,0.0,6.11,6.06,6.11,
EXC,1978-10-31,0.0,6.15,6.06,6.06,
EXC,1978-11-01,0.0,6.15,6.02,6.11,
EXC,1978-11-02,0.0,6.15,6.02,6.02,
EXC,1978-11-03,0.0,6.11,6.02,6.06,
EXC,1978-11-06,0.0,6.11,6.06,6.11,
EXC,1978-11-07,0.0,6.11,6.02,6.02,
EXC,1978-11-08,0.0,6.11,6.02,6.02,
EXC,1978-11-09,0.0,5.97,5.88,5.93,
EXC,1978-11-10,0.0,5.97,5.93,5.97,
EXC,1978-11-13,0.0,5.97,5.88,5.88,
EXC,1978-11-14,0.0,5.97,5.71,5.88,
EXC,1978-11-15,0.0,6.2,5.84,5.84,
EXC,1978-11-16,0.0,6.2,5.8,5.84,
EXC,1978-11-17,0.0,6.2,5.84,5.88,
EXC,1978-11-20,0.0,6.02,5.88,5.97,
EXC,1978-11-21,0.0,5.97,5.88,5.93,
EXC,1978-11-22,0.0,5.97,5.84,5.88,
EXC,1978-11-24,0.0,5.88,5.8,5.88,
EXC,1978-11-27,0.0,5.97,5.84,5.84,
EXC,1978-11-28,0.0,5.88,5.84,5.88,
EXC,1978-11-29,0.0,5.93,5.84,5.84,
EXC,1978-11-30,0.0,5.88,5.8,5.8,
EXC,1978-12-01,0.0,5.88,5.8,5.8,
EXC,1978-12-04,0.0,5.88,5.8,5.8,
EXC,1978-12-05,0.0,5.88,5.8,5.84,
EXC,1978-12-06,0.0,5.93,5.8,5.84,
EXC,1978-12-07,0.0,5.84,5.75,5.8,
EXC,1978-12-08,0.0,5.84,5.75,5.8,
EXC,1978-12-11,0.0,5.84,5.75,5.8,
EXC,1978-12-12,0.0,5.84,5.75,5.8,
EXC,1978-12-13,0.0,5.8,5.71,5.8,
EXC,1978-12-14,0.0,6.02,5.71,5.75,
EXC,1978-12-15,0.0,5.8,5.66,5.66,
EXC,1978-12-18,0.0,5.66,5.39,5.44,
EXC,1978-12-19,0.0,5.53,5.35,5.53,
EXC,1978-12-20,0.0,5.53,5.44,5.48,
EXC,1978-12-21,0.0,5.57,5.44,5.44,
EXC,1978-12-22,0.0,5.57,5.48,5.57,
EXC,1978-12-26,0.0,5.62,5.53,5.57,
EXC,1978-12-27,0.0,5.57,5.48,5.48,
EXC,1978-12-28,0.0,5.57,5.44,5.53,
EXC,1978-12-29,0.0,5.71,5.48,5.53,
EXC,1979-01-02,0.0,5.71,5.57,5.71,
EXC,1979-01-03,0.0,6.06,5.71,5.8,
EXC,1979-01-04,0.0,5.97,5.8,5.97,
EXC,1979-01-05,0.0,6.29,5.93,6.02,
EXC,1979-01-08,0.0,6.06,5.93,6.02,
EXC,1979-01-09,0.0,6.06,5.97,6.02,
EXC,1979-01-10,0.0,6.02,5.97,6.02,
EXC,1979-01-11,0.0,6.02,5.93,5.93,
EXC,1979-01-12,0.0,6.02,5.93,5.97,
EXC,1979-01-15,0.0,5.97,5.88,5.97,
EXC,1979-01-16,0.0,6.02,5.93,5.97,
EXC,1979-01-17,0.0,6.02,5.93,6.02,
EXC,1979-01-18,0.0,6.02,5.93,5.93,
EXC,1979-01-19,0.0,6.02,5.93,6.02,
EXC,1979-01-22,0.0,6.02,5.93,5.97,
EXC,1979-01-23,0.0,6.02,5.97,5.97,
EXC,1979-01-24,0.0,6.06,5.97,6.02,
EXC,1979-01-25,0.0,6.06,6.02,6.02,
EXC,1979-01-26,0.0,6.15,5.93,6.15,
EXC,1979-01-29,0.0,6.24,6.06,6.2,
EXC,1979-01-30,0.0,6.2,6.15,6.2,
EXC,1979-01-31,0.0,6.24,6.15,6.15,
EXC,1979-02-01,0.0,6.15,6.11,6.11,
EXC,1979-02-02,0.0,6.2,6.11,6.11,
EXC,1979-02-05,0.0,6.15,6.02,6.11,
EXC,1979-02-06,0.0,6.11,6.06,6.06,
EXC,1979-02-07,0.0,6.15,6.06,6.15,
EXC,1979-02-08,0.0,6.11,6.06,6.06,
EXC,1979-02-09,0.0,6.15,6.02,6.15,
EXC,1979-02-12,0.0,6.2,6.11,6.15,
EXC,1979-02-13,0.0,6.15,6.06,6.15,
EXC,1979-02-14,0.0,6.11,6.06,6.11,
EXC,1979-02-15,0.0,6.11,6.06,6.06,
EXC,1979-02-16,0.0,6.2,6.11,6.2,
EXC,1979-02-20,0.0,5.88,5.84,5.88,
EXC,1979-02-21,0.0,5.88,5.8,5.84,
EXC,1979-02-22,0.0,5.88,5.8,5.88,
EXC,1979-02-23,0.0,5.88,5.8,5.8,
EXC,1979-02-26,0.0,5.88,5.8,5.84,
EXC,1979-02-27,0.0,5.84,5.75,5.8,
EXC,1979-02-28,0.0,5.84,5.75,5.8,
EXC,1979-03-01,0.0,5.88,5.75,5.88,
EXC,1979-03-02,0.0,5.88,5.8,5.88,
EXC,1979-03-05,0.0,5.88,5.8,5.84,
EXC,1979-03-06,0.0,5.84,5.8,5.84,
EXC,1979-03-07,0.0,5.84,5.75,5.8,
EXC,1979-03-08,0.0,6.02,5.8,5.84,
EXC,1979-03-09,0.0,5.93,5.75,5.88,
EXC,1979-03-12,0.0,5.93,5.8,5.88,
EXC,1979-03-13,0.0,5.88,5.75,5.84,
EXC,1979-03-14,0.0,5.88,5.8,5.84,
EXC,1979-03-15,0.0,5.88,5.8,5.84,
EXC,1979-03-16,0.0,5.93,5.84,5.84,
EXC,1979-03-19,0.0,5.84,5.8,5.84,
EXC,1979-03-20,0.0,5.88,5.8,5.84,
EXC,1979-03-21,0.0,5.88,5.8,5.8,
EXC,1979-03-22,0.0,5.97,5.8,5.84,
EXC,1979-03-23,0.0,5.88,5.8,5.88,
EXC,1979-03-26,0.0,5.88,5.8,5.8,
EXC,1979-03-27,0.0,5.84,5.71,5.84,
EXC,1979-03-28,0.0,5.84,5.8,5.84,
EXC,1979-03-29,0.0,5.84,5.8,5.84,
EXC,1979-03-30,0.0,5.84,5.8,5.84,
EXC,1979-04-02,0.0,5.8,5.71,5.75,
EXC,1979-04-03,0.0,5.84,5.71,5.8,
EXC,1979-04-04,0.0,5.84,5.8,5.8,
EXC,1979-04-05,0.0,5.88,5.8,5.84,
EXC,1979-04-06,0.0,5.84,5.8,5.8,
EXC,1979-04-09,0.0,5.84,5.8,5.84,
EXC,1979-04-10,0.0,5.84,5.8,5.8,
EXC,1979-04-11,0.0,5.88,5.8,5.84,
EXC,1979-04-12,0.0,5.93,5.84,5.88,
EXC,1979-04-16,0.0,5.88,5.75,5.84,
EXC,1979-04-17,0.0,5.84,5.8,5.84,
EXC,1979-04-18,0.0,5.84,5.75,5.8,
EXC,1979-04-19,0.0,5.84,5.8,5.8,
EXC,1979-04-20,0.0,5.84,5.71,5.71,
EXC,1979-04-23,0.0,5.75,5.66,5.71,
EXC,1979-04-24,0.0,5.75,5.66,5.71,
EXC,1979-04-25,0.0,5.75,5.66,5.71,
EXC,1979-04-26,0.0,5.71,5.62,5.62,
EXC,1979-04-27,0.0,5.57,5.48,5.57,
EXC,1979-04-30,0.0,5.88,5.48,5.48,
EXC,1979-05-01,0.0,5.84,5.48,5.53,
EXC,1979-05-02,0.0,5.57,5.53,5.53,
EXC,1979-05-03,0.0,5.57,5.44,5.53,
EXC,1979-05-04,0.0,5.57,5.48,5.57,
EXC,1979-05-07,0.0,5.57,5.44,5.53,
EXC,1979-05-08,0.0,5.53,5.48,5.48,
EXC,1979-05-09,0.0,5.57,5.44,5.57,
EXC,1979-05-10,0.0,5.57,5.53,5.53,
EXC,1979-05-11,0.0,5.57,5.48,5.53,
EXC,1979-05-14,0.0,5.57,5.48,5.57,
EXC,1979-05-15,0.0,5.57,5.53,5.57,
EXC,1979-05-16,0.0,5.57,5.48,5.57,
EXC,1979-05-17,0.0,5.66,5.53,5.66,
EXC,1979-05-18,0.0,5.71,5.62,5.66,
EXC,1979-05-21,0.0,5.75,5.53,5.75,
EXC,1979-05-22,0.0,5.48,5.39,5.39,
EXC,1979-05-23,0.0,5.57,5.39,5.44,
EXC,1979-05-24,0.0,5.53,5.39,5.53,
EXC,1979-05-25,0.0,5.53,5.48,5.53,
EXC,1979-05-29,0.0,5.57,5.44,5.53,
EXC,1979-05-30,0.0,5.53,5.48,5.53,
EXC,1979-05-31,0.0,5.57,5.48,5.48,
EXC,1979-06-01,0.0,5.57,5.48,5.48,
EXC,1979-06-04,0.0,5.53,5.48,5.53,
EXC,1979-06-05,0.0,5.57,5.44,5.57,
EXC,1979-06-06,0.0,5.57,5.48,5.53,
EXC,1979-06-07,0.0,5.57,5.48,5.53,
EXC,1979-06-08,0.0,5.62,5.44,5.57,
EXC,1979-06-11,0.0,5.57,5.53,5.57,
EXC,1979-06-12,0.0,5.71,5.57,5.66,
EXC,1979-06-13,0.0,5.75,5.62,5.75,
EXC,1979-06-14,0.0,5.75,5.62,5.62,
EXC,1979-06-15,0.0,5.66,5.57,5.66,
EXC,1979-06-18,0.0,5.66,5.62,5.62,
EXC,1979-06-19,0.0,5.66,5.57,5.66,
EXC,1979-06-20,0.0,5.66,5.44,5.62,
EXC,1979-06-21,0.0,5.62,5.53,5.62,
EXC,1979-06-22,0.0,5.62,5.53,5.53,
EXC,1979-06-25,0.0,5.53,5.48,5.53,
EXC,1979-06-26,0.0,5.57,5.48,5.48,
EXC,1979-06-27,0.0,5.57,5.48,5.48,
EXC,1979-06-28,0.0,5.53,5.48,5.53,
EXC,1979-06-29,0.0,5.57,5.48,5.53,
EXC,1979-07-02,0.0,5.62,5.48,5.62,
EXC,1979-07-03,0.0,5.62,5.57,5.62,
EXC,1979-07-05,0.0,5.66,5.57,5.62,
EXC,1979-07-06,0.0,5.71,5.66,5.71,
EXC,1979-07-09,0.0,5.71,5.62,5.66,
EXC,1979-07-10,0.0,5.75,5.66,5.71,
EXC,1979-07-11,0.0,5.8,5.71,5.75,
EXC,1979-07-12,0.0,5.8,5.71,5.71,
EXC,1979-07-13,0.0,5.88,5.71,5.84,
EXC,1979-07-16,0.0,5.84,5.8,5.84,
EXC,1979-07-17,0.0,5.84,5.8,5.84,
EXC,1979-07-18,0.0,5.84,5.75,5.75,
EXC,1979-07-19,0.0,5.8,5.75,5.75,
EXC,1979-07-20,0.0,5.8,5.71,5.71,
EXC,1979-07-23,0.0,5.75,5.71,5.75,
EXC,1979-07-24,0.0,5.8,5.71,5.71,
EXC,1979-07-25,0.0,5.8,5.71,5.8,
EXC,1979-07-26,0.0,5.84,5.75,5.84,
EXC,1979-07-27,0.0,5.84,5.75,5.8,
EXC,1979-07-30,0.0,5.84,5.75,5.8,
EXC,1979-07-31,0.0,5.84,5.75,5.84,
EXC,1979-08-01,0.0,5.84,5.8,5.8,
EXC,1979-08-02,0.0,5.88,5.8,5.84,
EXC,1979-08-03,0.0,5.88,5.8,5.84,
EXC,1979-08-06,0.0,6.06,5.8,5.88,
EXC,1979-08-07,0.0,5.93,5.88,5.93,
EXC,1979-08-08,0.0,5.93,5.88,5.93,
EXC,1979-08-09,0.0,5.93,5.75,5.88,
EXC,1979-08-10,0.0,5.93,5.88,5.93,
EXC,1979-08-13,0.0,5.97,5.88,5.93,
EXC,1979-08-14,0.0,6.02,5.88,6.02,
EXC,1979-08-15,0.0,6.02,5.97,5.97,
EXC,1979-08-16,0.0,6.02,5.93,5.93,
EXC,1979-08-17,0.0,6.02,5.93,5.93,
EXC,1979-08-20,0.0,6.02,5.88,5.97,
EXC,1979-08-21,0.0,6.06,5.93,6.06,
EXC,1979-08-22,0.0,6.06,6.02,6.02,
EXC,1979-08-23,0.0,5.84,5.75,5.75,
EXC,1979-08-24,0.0,5.84,5.75,5.8,
EXC,1979-08-27,0.0,5.84,5.75,5.84,
EXC,1979-08-28,0.0,5.97,5.8,5.8,
EXC,1979-08-29,0.0,5.84,5.75,5.75,
EXC,1979-08-30,0.0,5.8,5.75,5.8,
EXC,1979-08-31,0.0,5.8,5.75,5.75,
EXC,1979-09-04,0.0,5.8,5.71,5.71,
EXC,1979-09-05,0.0,5.75,5.62,5.66,
EXC,1979-09-06,0.0,5.62,5.53,5.57,
EXC,1979-09-07,0.0,5.57,5.39,5.53,
EXC,1979-09-10,0.0,5.53,5.48,5.53,
EXC,1979-09-11,0.0,5.53,5.44,5.44,
EXC,1979-09-12,0.0,5.48,5.44,5.48,
EXC,1979-09-13,0.0,5.48,5.44,5.44,
EXC,1979-09-14,0.0,5.48,5.44,5.48,
EXC,1979-09-17,0.0,5.48,5.44,5.44,
EXC,1979-09-18,0.0,5.44,5.3,5.39,
EXC,1979-09-19,0.0,5.44,5.35,5.39,
EXC,1979-09-20,0.0,5.39,5.3,5.35,
EXC,1979-09-21,0.0,5.39,5.26,5.26,
EXC,1979-09-24,0.0,5.39,5.35,5.39,
EXC,1979-09-25,0.0,5.39,5.35,5.35,
EXC,1979-09-26,0.0,5.39,5.35,5.35,
EXC,1979-09-27,0.0,5.44,5.35,5.44,
EXC,1979-09-28,0.0,5.48,5.39,5.39,
EXC,1979-10-01,0.0,5.44,5.39,5.44,
EXC,1979-10-02,0.0,5.48,5.39,5.44,
EXC,1979-10-03,0.0,5.48,5.44,5.44,
EXC,1979-10-04,0.0,5.48,5.39,5.44,
EXC,1979-10-05,0.0,5.53,5.35,5.44,
EXC,1979-10-08,0.0,5.48,5.44,5.44,
EXC,1979-10-09,0.0,5.44,5.35,5.39,
EXC,1979-10-10,0.0,5.39,5.3,5.35,
EXC,1979-10-11,0.0,5.39,5.3,5.35,
EXC,1979-10-12,0.0,5.39,5.3,5.35,
EXC,1979-10-15,0.0,5.35,5.04,5.3,
EXC,1979-10-16,0.0,5.35,5.3,5.35,
EXC,1979-10-17,0.0,5.35,5.3,5.35,
EXC,1979-10-18,0.0,5.39,5.3,5.3,
EXC,1979-10-19,0.0,5.35,5.22,5.26,
EXC,1979-10-22,0.0,5.3,5.04,5.3,
EXC,1979-10-23,0.0,5.26,5.17,5.22,
EXC,1979-10-24,0.0,5.22,5.17,5.17,
EXC,1979-10-25,0.0,5.22,5.17,5.17,
EXC,1979-10-26,0.0,5.3,5.22,5.26,
EXC,1979-10-29,0.0,5.3,5.22,5.22,
EXC,1979-10-30,0.0,5.3,5.22,5.3,
EXC,1979-10-31,0.0,5.35,5.26,5.26,
EXC,1979-11-01,0.0,5.3,5.26,5.26,
EXC,1979-11-02,0.0,5.3,5.22,5.22,
EXC,1979-11-05,0.0,5.3,5.22,5.26,
EXC,1979-11-06,0.0,5.26,5.22,5.26,
EXC,1979-11-07,0.0,5.04,4.95,4.95,
EXC,1979-11-08,0.0,4.95,4.9,4.95,
EXC,1979-11-09,0.0,4.99,4.9,4.99,
EXC,1979-11-12,0.0,4.99,4.95,4.99,
EXC,1979-11-13,0.0,4.99,4.9,4.9,
EXC,1979-11-14,0.0,4.99,4.9,4.99,
EXC,1979-11-15,0.0,5.04,4.95,4.99,
EXC,1979-11-16,0.0,4.99,4.9,4.95,
EXC,1979-11-19,0.0,4.99,4.9,4.95,
EXC,1979-11-20,0.0,4.95,4.9,4.95,
EXC,1979-11-21,0.0,4.95,4.86,4.95,
EXC,1979-11-23,0.0,4.95,4.9,4.9,
EXC,1979-11-26,0.0,5.26,4.99,5.22,
EXC,1979-11-27,0.0,5.26,5.13,5.22,
EXC,1979-11-28,0.0,5.26,5.13,5.26,
EXC,1979-11-29,0.0,5.26,5.17,5.22,
EXC,1979-11-30,0.0,5.22,5.13,5.22,
EXC,1979-12-03,0.0,5.22,5.08,5.08,
EXC,1979-12-04,0.0,5.08,4.99,5.04,
EXC,1979-12-05,0.0,5.04,4.95,5.04,
EXC,1979-12-06,0.0,5.08,4.99,5.04,
EXC,1979-12-07,0.0,5.08,4.99,5.04,
EXC,1979-12-10,0.0,5.04,4.99,4.99,
EXC,1979-12-11,0.0,5.04,4.9,5.04,
EXC,1979-12-12,0.0,5.08,4.99,5.04,
EXC,1979-12-13,0.0,5.04,4.99,4.99,
EXC,1979-12-14,0.0,5.04,4.99,4.99,
EXC,1979-12-17,0.0,5.04,4.99,4.99,
EXC,1979-12-18,0.0,5.04,4.95,4.95,
EXC,1979-12-19,0.0,4.99,4.9,4.99,
EXC,1979-12-20,0.0,4.99,4.86,4.86,
EXC,1979-12-21,0.0,4.95,4.9,4.95,
EXC,1979-12-24,0.0,4.99,4.9,4.95,
EXC,1979-12-26,0.0,4.99,4.9,4.95,
EXC,1979-12-27,0.0,4.95,4.9,4.9,
EXC,1979-12-28,0.0,4.95,4.9,4.95,
EXC,1979-12-31,0.0,4.9,4.81,4.9,
EXC,1980-01-02,0.471266,0.471266,0.462492,0.462492,
EXC,1980-01-03,0.462492,0.476308,0.462492,0.471266,
EXC,1980-01-04,0.471266,0.489595,0.471266,0.489595,
EXC,1980-01-07,0.489595,0.489595,0.480451,0.484857,
EXC,1980-01-08,0.484857,0.489595,0.480451,0.489595,
EXC,1980-01-09,0.489595,0.498585,0.489595,0.493992,
EXC,1980-01-10,0.493992,0.498585,0.493992,0.498585,
EXC,1980-01-11,0.498585,0.498585,0.493992,0.498585,
EXC,1980-01-14,0.498585,0.503176,0.493992,0.493992,
EXC,1980-01-15,0.493992,0.503176,0.480451,0.498585,
EXC,1980-01-16,0.498585,0.498585,0.493992,0.493992,
EXC,1980-01-17,0.493992,0.507768,0.489595,0.489595,
EXC,1980-01-18,0.489595,0.493992,0.457725,0.484857,
EXC,1980-01-21,0.480451,0.480451,0.471266,0.476308,
EXC,1980-01-22,0.476308,0.480451,0.471266,0.471266,
EXC,1980-01-23,0.471266,0.480451,0.471266,0.476308,
EXC,1980-01-24,0.476308,0.503176,0.471266,0.471266,
EXC,1980-01-25,0.471266,0.476308,0.46684,0.471266,
EXC,1980-01-28,0.471266,0.476308,0.46684,0.46684,
EXC,1980-01-29,0.46684,0.471266,0.46684,0.471266,
EXC,1980-01-30,0.471266,0.476308,0.46684,0.476308,
EXC,1980-01-31,0.476308,0.480451,0.471266,0.471266,
EXC,1980-02-01,0.471266,0.484857,0.471266,0.484857,
EXC,1980-02-04,0.484857,0.484857,0.476308,0.476308,
EXC,1980-02-05,0.476308,0.480451,0.471266,0.476308,
EXC,1980-02-06,0.476308,0.480451,0.476308,0.480451,
EXC,1980-02-07,0.480451,0.480451,0.471266,0.471266,
EXC,1980-02-08,0.471266,0.480451,0.471266,0.471266,
EXC,1980-02-11,0.471266,0.476308,0.471266,0.471266,
EXC,1980-02-12,0.471266,0.476308,0.471266,0.471266,
EXC,1980-02-13,0.476308,0.480451,0.476308,0.476308,
EXC,1980-02-14,0.476308,0.480451,0.476308,0.480451,
EXC,1980-02-15,0.480451,0.480451,0.471266,0.476308,
EXC,1980-02-19,0.476308,0.480451,0.471266,0.476308,
EXC,1980-02-20,0.476308,0.476308,0.457725,0.462492,
EXC,1980-02-21,0.462492,0.471266,0.462492,0.46684,
EXC,1980-02-22,0.46684,0.46684,0.462492,0.46684,
EXC,1980-02-25,0.46684,0.46684,0.448461,0.448461,
EXC,1980-02-26,0.448461,0.453162,0.448461,0.448461,
EXC,1980-02-27,0.448461,0.448461,0.43961,0.43961,
EXC,1980-02-28,0.43961,0.44431,0.43961,0.44431,
EXC,1980-02-29,0.44431,0.453162,0.43961,0.453162,
EXC,1980-03-03,0.453162,0.457725,0.44431,0.453162,
EXC,1980-03-04,0.453162,0.453162,0.43961,0.44431,
EXC,1980-03-05,0.44431,0.448461,0.435116,0.43961,
EXC,1980-03-06,0.43961,0.43961,0.425932,0.425932,
EXC,1980-03-07,0.425932,0.43961,0.425932,0.435116,
EXC,1980-03-10,0.435116,0.44431,0.430699,0.435116,
EXC,1980-03-11,0.435116,0.44431,0.430699,0.435116,
EXC,1980-03-12,0.435116,0.435116,0.425932,0.430699,
EXC,1980-03-13,0.430699,0.435116,0.425932,0.430699,
EXC,1980-03-14,0.430699,0.435116,0.425932,0.435116,
EXC,1980-03-17,0.435116,0.44431,0.425932,0.425932,
EXC,1980-03-18,0.425932,0.44431,0.425932,0.43961,
EXC,1980-03-19,0.43961,0.43961,0.435116,0.435116,
EXC,1980-03-20,0.435116,0.43961,0.425932,0.430699,
EXC,1980-03-21,0.430699,0.43961,0.430699,0.435116,
EXC,1980-03-24,0.430699,0.430699,0.42172,0.42172,
EXC,1980-03-25,0.42172,0.425932,0.417021,0.425932,
EXC,1980-03-26,0.425932,0.425932,0.42172,0.42172,
EXC,1980-03-27,0.42172,0.425932,0.42172,0.425932,
EXC,1980-03-28,0.425932,0.425932,0.42172,0.425932,
EXC,1980-03-31,0.425932,0.425932,0.42172,0.425932,
EXC,1980-04-01,0.425932,0.435116,0.425932,0.430699,
EXC,1980-04-02,0.43961,0.453162,0.43961,0.44431,
EXC,1980-04-03,0.44431,0.480451,0.43961,0.453162,
EXC,1980-04-07,0.453162,0.457725,0.44431,0.453162,
EXC,1980-04-08,0.453162,0.453162,0.448461,0.453162,
EXC,1980-04-09,0.453162,0.457725,0.448461,0.453162,
EXC,1980-04-10,0.457725,0.471266,0.457725,0.471266,
EXC,1980-04-11,0.471266,0.480451,0.471266,0.480451,
EXC,1980-04-14,0.480451,0.480451,0.471266,0.476308,
EXC,1980-04-15,0.476308,0.480451,0.471266,0.480451,
EXC,1980-04-16,0.480451,0.493992,0.480451,0.489595,
EXC,1980-04-17,0.489595,0.503176,0.489595,0.498585,
EXC,1980-04-18,0.498585,0.498585,0.489595,0.498585,
EXC,1980-04-21,0.493992,0.493992,0.489595,0.493992,
EXC,1980-04-22,0.493992,0.493992,0.484857,0.484857,
EXC,1980-04-23,0.484857,0.489595,0.480451,0.484857,
EXC,1980-04-24,0.484857,0.493992,0.480451,0.484857,
EXC,1980-04-25,0.484857,0.493992,0.484857,0.489595,
EXC,1980-04-28,0.489595,0.493992,0.484857,0.489595,
EXC,1980-04-29,0.489595,0.489595,0.484857,0.489595,
EXC,1980-04-30,0.489595,0.493992,0.484857,0.493992,
EXC,1980-05-01,0.493992,0.493992,0.484857,0.489595,
EXC,1980-05-02,0.489595,0.489595,0.484857,0.489595,
EXC,1980-05-05,0.489595,0.498585,0.484857,0.498585,
EXC,1980-05-06,0.503176,0.516561,0.503176,0.516561,
EXC,1980-05-07,0.516561,0.530436,0.516561,0.530436,
EXC,1980-05-08,0.530436,0.539326,0.525844,0.53493,
EXC,1980-05-09,0.53493,0.53493,0.521154,0.525844,
EXC,1980-05-12,0.530436,0.53493,0.530436,0.53493,
EXC,1980-05-13,0.53493,0.544114,0.530436,0.539326,
EXC,1980-05-14,0.539326,0.548316,0.539326,0.548316,
EXC,1980-05-15,0.548316,0.553006,0.539326,0.544114,
EXC,1980-05-16,0.544114,0.548316,0.544114,0.548316,
EXC,1980-05-19,0.548316,0.548316,0.530436,0.530436,
EXC,1980-05-20,0.530436,0.539326,0.530436,0.53493,
EXC,1980-05-21,0.525844,0.525844,0.516561,0.525844,
EXC,1980-05-22,0.525844,0.530436,0.521154,0.525844,
EXC,1980-05-23,0.525844,0.53493,0.525844,0.530436,
EXC,1980-05-27,0.530436,0.53493,0.521154,0.525844,
EXC,1980-05-28,0.525844,0.530436,0.516561,0.521154,
EXC,1980-05-29,0.521154,0.521154,0.507768,0.512165,
EXC,1980-05-30,0.512165,0.521154,0.507768,0.521154,
EXC,1980-06-02,0.521154,0.521154,0.512165,0.516561,
EXC,1980-06-03,0.516561,0.521154,0.507768,0.512165,
EXC,1980-06-04,0.512165,0.521154,0.512165,0.516561,
EXC,1980-06-05,0.516561,0.521154,0.512165,0.512165,
EXC,1980-06-06,0.512165,0.521154,0.503176,0.516561,
EXC,1980-06-09,0.516561,0.516561,0.507768,0.512165,
EXC,1980-06-10,0.512165,0.512165,0.507768,0.512165,
EXC,1980-06-11,0.512165,0.521154,0.507768,0.516561,
EXC,1980-06-12,0.516561,0.521154,0.512165,0.516561,
EXC,1980-06-13,0.521154,0.561994,0.521154,0.525844,
EXC,1980-06-16,0.525844,0.53493,0.521154,0.53493,
EXC,1980-06-17,0.53493,0.553006,0.512165,0.544114,
EXC,1980-06-18,0.544114,0.548316,0.544114,0.544114,
EXC,1980-06-19,0.544114,0.548316,0.544114,0.548316,
EXC,1980-06-20,0.548316,0.548316,0.544114,0.544114,
EXC,1980-06-23,0.544114,0.544114,0.525844,0.530436,
EXC,1980-06-24,0.530436,0.53493,0.525844,0.525844,
EXC,1980-06-25,0.525844,0.53493,0.525844,0.530436,
EXC,1980-06-26,0.530436,0.53493,0.516561,0.516561,
EXC,1980-06-27,0.525844,0.53493,0.525844,0.530436,
EXC,1980-06-30,0.530436,0.53493,0.521154,0.521154,
EXC,1980-07-01,0.521154,0.525844,0.521154,0.521154,
EXC,1980-07-02,0.521154,0.539326,0.521154,0.539326,
EXC,1980-07-03,0.539326,0.544114,0.530436,0.539326,
EXC,1980-07-07,0.539326,0.544114,0.539326,0.539326,
EXC,1980-07-08,0.539326,0.544114,0.539326,0.544114,
EXC,1980-07-09,0.539326,0.539326,0.530436,0.53493,
EXC,1980-07-10,0.53493,0.539326,0.530436,0.53493,
EXC,1980-07-11,0.53493,0.539326,0.53493,0.53493,
EXC,1980-07-14,0.53493,0.539326,0.53493,0.539326,
EXC,1980-07-15,0.539326,0.539326,0.53493,0.53493,
EXC,1980-07-16,0.53493,0.539326,0.53493,0.539326,
EXC,1980-07-17,0.539326,0.539326,0.525844,0.530436,
EXC,1980-07-18,0.530436,0.530436,0.525844,0.530436,
EXC,1980-07-21,0.530436,0.530436,0.525844,0.530436,
EXC,1980-07-22,0.530436,0.530436,0.525844,0.530436,
EXC,1980-07-23,0.530436,0.530436,0.521154,0.525844,
EXC,1980-07-24,0.525844,0.530436,0.521154,0.521154,
EXC,1980-07-25,0.521154,0.530436,0.512165,0.525844,
EXC,1980-07-28,0.525844,0.525844,0.521154,0.521154,
EXC,1980-07-29,0.521154,0.530436,0.521154,0.525844,
EXC,1980-07-30,0.525844,0.525844,0.521154,0.525844,
EXC,1980-07-31,0.525844,0.525844,0.516561,0.521154,
EXC,1980-08-01,0.521154,0.525844,0.516561,0.516561,
EXC,1980-08-04,0.516561,0.521154,0.516561,0.521154,
EXC,1980-08-05,0.521154,0.525844,0.516561,0.525844,
EXC,1980-08-06,0.525844,0.525844,0.521154,0.521154,
EXC,1980-08-07,0.521154,0.53493,0.512165,0.521154,
EXC,1980-08-08,0.521154,0.521154,0.512165,0.516561,
EXC,1980-08-11,0.516561,0.521154,0.512165,0.516561,
EXC,1980-08-12,0.516561,0.516561,0.512165,0.516561,
EXC,1980-08-13,0.516561,0.521154,0.512165,0.512165,
EXC,1980-08-14,0.512165,0.521154,0.512165,0.521154,
EXC,1980-08-15,0.521154,0.525844,0.516561,0.521154,
EXC,1980-08-18,0.521154,0.521154,0.516561,0.516561,
EXC,1980-08-19,0.516561,0.521154,0.512165,0.516561,
EXC,1980-08-20,0.516561,0.521154,0.512165,0.516561,
EXC,1980-08-21,0.516561,0.516561,0.507768,0.507768,
EXC,1980-08-22,0.507768,0.516561,0.498585,0.498585,
EXC,1980-08-25,0.498585,0.507768,0.498585,0.503176,
EXC,1980-08-26,0.503176,0.507768,0.498585,0.503176,
EXC,1980-08-27,0.503176,0.503176,0.498585,0.498585,
EXC,1980-08-28,0.498585,0.503176,0.498585,0.498585,
EXC,1980-08-29,0.498585,0.503176,0.493992,0.493992,
EXC,1980-09-02,0.498585,0.507768,0.498585,0.503176,
EXC,1980-09-03,0.503176,0.516561,0.503176,0.503176,
EXC,1980-09-04,0.503176,0.516561,0.503176,0.507768,
EXC,1980-09-05,0.507768,0.507768,0.503176,0.507768,
EXC,1980-09-08,0.507768,0.507768,0.503176,0.507768,
EXC,1980-09-09,0.507768,0.507768,0.498585,0.503176,
EXC,1980-09-10,0.503176,0.507768,0.498585,0.503176,
EXC,1980-09-11,0.503176,0.516561,0.503176,0.503176,
EXC,1980-09-12,0.503176,0.516561,0.503176,0.507768,
EXC,1980-09-15,0.507768,0.516561,0.498585,0.498585,
EXC,1980-09-16,0.498585,0.503176,0.498585,0.503176,
EXC,1980-09-17,0.503176,0.503176,0.493992,0.493992,
EXC,1980-09-18,0.493992,0.498585,0.480451,0.489595,
EXC,1980-09-19,0.489595,0.493992,0.484857,0.489595,
EXC,1980-09-22,0.489595,0.489595,0.480451,0.484857,
EXC,1980-09-23,0.484857,0.484857,0.480451,0.480451,
EXC,1980-09-24,0.480451,0.507768,0.480451,0.489595,
EXC,1980-09-25,0.489595,0.489595,0.480451,0.484857,
EXC,1980-09-26,0.484857,0.484857,0.476308,0.484857,
EXC,1980-09-29,0.484857,0.484857,0.480451,0.484857,
EXC,1980-09-30,0.484857,0.489595,0.480451,0.484857,
EXC,1980-10-01,0.484857,0.489595,0.480451,0.484857,
EXC,1980-10-02,0.489595,0.493992,0.489595,0.493992,
EXC,1980-10-03,0.493992,0.493992,0.489595,0.493992,
EXC,1980-10-06,0.493992,0.498585,0.489595,0.493992,
EXC,1980-10-07,0.493992,0.503176,0.493992,0.503176,
EXC,1980-10-08,0.503176,0.507768,0.498585,0.498585,
EXC,1980-10-09,0.498585,0.503176,0.493992,0.498585,
EXC,1980-10-10,0.498585,0.498585,0.493992,0.493992,
EXC,1980-10-13,0.493992,0.498585,0.493992,0.498585,
EXC,1980-10-14,0.498585,0.498585,0.489595,0.489595,
EXC,1980-10-15,0.489595,0.498585,0.484857,0.489595,
EXC,1980-10-16,0.489595,0.493992,0.489595,0.489595,
EXC,1980-10-17,0.489595,0.493992,0.489595,0.489595,
EXC,1980-10-20,0.489595,0.493992,0.489595,0.489595,
EXC,1980-10-21,0.489595,0.493992,0.489595,0.489595,
EXC,1980-10-22,0.489595,0.493992,0.489595,0.489595,
EXC,1980-10-23,0.489595,0.493992,0.480451,0.493992,
EXC,1980-10-24,0.493992,0.498585,0.484857,0.489595,
EXC,1980-10-27,0.489595,0.493992,0.484857,0.484857,
EXC,1980-10-28,0.484857,0.493992,0.484857,0.484857,
EXC,1980-10-29,0.484857,0.489595,0.484857,0.484857,
EXC,1980-10-30,0.484857,0.489595,0.484857,0.484857,
EXC,1980-10-31,0.484857,0.489595,0.480451,0.484857,
EXC,1980-11-03,0.489595,0.493992,0.489595,0.493992,
EXC,1980-11-05,0.498585,0.498585,0.484857,0.489595,
EXC,1980-11-06,0.489595,0.493992,0.484857,0.489595,
EXC,1980-11-07,0.489595,0.493992,0.471266,0.493992,
EXC,1980-11-10,0.493992,0.498585,0.489595,0.498585,
EXC,1980-11-11,0.498585,0.498585,0.46684,0.498585,
EXC,1980-11-12,0.498585,0.503176,0.493992,0.503176,
EXC,1980-11-13,0.503176,0.503176,0.489595,0.498585,
EXC,1980-11-14,0.498585,0.498585,0.489595,0.489595,
EXC,1980-11-17,0.489595,0.489595,0.480451,0.484857,
EXC,1980-11-18,0.484857,0.489595,0.480451,0.484857,
EXC,1980-11-19,0.484857,0.493992,0.484857,0.484857,
EXC,1980-11-20,0.484857,0.493992,0.462492,0.480451,
EXC,1980-11-21,0.480451,0.489595,0.480451,0.480451,
EXC,1980-11-24,0.480451,0.484857,0.471266,0.471266,
EXC,1980-11-25,0.471266,0.476308,0.471266,0.471266,
EXC,1980-11-26,0.471266,0.480451,0.462492,0.46684,
EXC,1980-11-28,0.46684,0.471266,0.46684,0.471266,
EXC,1980-12-01,0.471266,0.471266,0.46684,0.46684,
EXC,1980-12-02,0.46684,0.46684,0.462492,0.462492,
EXC,1980-12-03,0.462492,0.471266,0.462492,0.46684,
EXC,1980-12-04,0.46684,0.471266,0.46684,0.46684,
EXC,1980-12-05,0.46684,0.480451,0.462492,0.462492,
EXC,1980-12-08,0.462492,0.46684,0.462492,0.462492,
EXC,1980-12-09,0.462492,0.476308,0.462492,0.46684,
EXC,1980-12-10,0.46684,0.46684,0.462492,0.46684,
EXC,1980-12-11,0.46684,0.46684,0.457725,0.46684,
EXC,1980-12-12,0.46684,0.46684,0.457725,0.462492,
EXC,1980-12-15,0.457725,0.457725,0.43961,0.43961,
EXC,1980-12-16,0.43961,0.448461,0.435116,0.44431,
EXC,1980-12-17,0.44431,0.448461,0.435116,0.448461,
EXC,1980-12-18,0.448461,0.476308,0.448461,0.471266,
EXC,1980-12-19,0.471266,0.480451,0.471266,0.476308,
EXC,1980-12-22,0.484857,0.498585,0.484857,0.498585,
EXC,1980-12-23,0.498585,0.507768,0.493992,0.503176,
EXC,1980-12-24,0.503176,0.503176,0.498585,0.498585,
EXC,1980-12-26,0.498585,0.503176,0.493992,0.493992,
EXC,1980-12-29,0.493992,0.493992,0.484857,0.489595,
EXC,1980-12-30,0.489595,0.489595,0.484857,0.484857,
EXC,1980-12-31,0.484857,0.489595,0.480451,0.480451,
EXC,1981-01-02,0.480451,0.493992,0.480451,0.493992,
EXC,1981-01-05,0.498585,0.521154,0.498585,0.521154,
EXC,1981-01-06,0.525844,0.539326,0.525844,0.530436,
EXC,1981-01-07,0.525844,0.525844,0.516561,0.521154,
EXC,1981-01-08,0.521154,0.530436,0.503176,0.503176,
EXC,1981-01-09,0.503176,0.507768,0.498585,0.503176,
EXC,1981-01-12,0.507768,0.521154,0.507768,0.507768,
EXC,1981-01-13,0.507768,0.516561,0.507768,0.516561,
EXC,1981-01-14,0.516561,0.516561,0.507768,0.507768,
EXC,1981-01-15,0.507768,0.516561,0.507768,0.507768,
EXC,1981-01-16,0.507768,0.516561,0.507768,0.507768,
EXC,1981-01-19,0.507768,0.516561,0.503176,0.503176,
EXC,1981-01-20,0.503176,0.507768,0.498585,0.498585,
EXC,1981-01-21,0.498585,0.498585,0.493992,0.498585,
EXC,1981-01-22,0.498585,0.498585,0.489595,0.493992,
EXC,1981-01-23,0.493992,0.493992,0.480451,0.484857,
EXC,1981-01-26,0.484857,0.489595,0.480451,0.480451,
EXC,1981-01-27,0.484857,0.493992,0.484857,0.489595,
EXC,1981-01-28,0.489595,0.498585,0.489595,0.493992,
EXC,1981-01-29,0.493992,0.498585,0.489595,0.493992,
EXC,1981-01-30,0.493992,0.507768,0.493992,0.503176,
EXC,1981-02-02,0.503176,0.503176,0.498585,0.503176,
EXC,1981-02-03,0.503176,0.503176,0.476308,0.498585,
EXC,1981-02-04,0.498585,0.503176,0.493992,0.498585,
EXC,1981-02-05,0.498585,0.503176,0.493992,0.493992,
EXC,1981-02-06,0.493992,0.498585,0.493992,0.493992,
EXC,1981-02-09,0.493992,0.498585,0.493992,0.498585,
EXC,1981-02-10,0.498585,0.498585,0.493992,0.493992,
EXC,1981-02-11,0.493992,0.498585,0.493992,0.498585,
EXC,1981-02-12,0.498585,0.498585,0.493992,0.493992,
EXC,1981-02-13,0.493992,0.503176,0.484857,0.498585,
EXC,1981-02-17,0.493992,0.493992,0.480451,0.480451,
EXC,1981-02-18,0.480451,0.493992,0.480451,0.480451,
EXC,1981-02-19,0.480451,0.484857,0.480451,0.480451,
EXC,1981-02-20,0.480451,0.493992,0.476308,0.476308,
EXC,1981-02-23,0.476308,0.484857,0.476308,0.484857,
EXC,1981-02-24,0.484857,0.484857,0.480451,0.484857,
EXC,1981-02-25,0.484857,0.493992,0.484857,0.484857,
EXC,1981-02-26,0.484857,0.493992,0.484857,0.493992,
EXC,1981-02-27,0.493992,0.493992,0.484857,0.484857,
EXC,1981-03-02,0.484857,0.493992,0.484857,0.484857,
EXC,1981-03-03,0.484857,0.493992,0.480451,0.480451,
EXC,1981-03-04,0.480451,0.484857,0.476308,0.476308,
EXC,1981-03-05,0.476308,0.484857,0.44431,0.480451,
EXC,1981-03-06,0.480451,0.484857,0.471266,0.480451,
EXC,1981-03-09,0.480451,0.484857,0.480451,0.480451,
EXC,1981-03-10,0.480451,0.493992,0.480451,0.493992,
EXC,1981-03-11,0.493992,0.493992,0.480451,0.493992,
EXC,1981-03-12,0.493992,0.493992,0.484857,0.493992,
EXC,1981-03-13,0.493992,0.498585,0.476308,0.493992,
EXC,1981-03-16,0.493992,0.498585,0.484857,0.498585,
EXC,1981-03-17,0.498585,0.503176,0.498585,0.498585,
EXC,1981-03-18,0.498585,0.507768,0.498585,0.503176,
EXC,1981-03-19,0.503176,0.507768,0.498585,0.507768,
EXC,1981-03-20,0.507768,0.507768,0.498585,0.498585,
EXC,1981-03-23,0.498585,0.507768,0.498585,0.498585,
EXC,1981-03-24,0.498585,0.503176,0.498585,0.498585,
EXC,1981-03-25,0.498585,0.503176,0.498585,0.503176,
EXC,1981-03-26,0.503176,0.507768,0.498585,0.498585,
EXC,1981-03-27,0.498585,0.503176,0.493992,0.493992,
EXC,1981-03-30,0.493992,0.498585,0.493992,0.498585,
EXC,1981-03-31,0.498585,0.498585,0.480451,0.480451,
EXC,1981-04-01,0.480451,0.493992,0.480451,0.484857,
EXC,1981-04-02,0.484857,0.498585,0.480451,0.493992,
EXC,1981-04-03,0.493992,0.498585,0.484857,0.498585,
EXC,1981-04-06,0.498585,0.498585,0.493992,0.493992,
EXC,1981-04-07,0.493992,0.498585,0.493992,0.498585,
EXC,1981-04-08,0.498585,0.498585,0.484857,0.493992,
EXC,1981-04-09,0.493992,0.493992,0.480451,0.493992,
EXC,1981-04-10,0.493992,0.493992,0.480451,0.484857,
EXC,1981-04-13,0.484857,0.493992,0.484857,0.493992,
EXC,1981-04-14,0.493992,0.498585,0.484857,0.484857,
EXC,1981-04-15,0.484857,0.493992,0.484857,0.493992,
EXC,1981-04-16,0.493992,0.503176,0.484857,0.498585,
EXC,1981-04-20,0.498585,0.512165,0.498585,0.507768,
EXC,1981-04-21,0.507768,0.521154,0.503176,0.507768,
EXC,1981-04-22,0.507768,0.521154,0.503176,0.503176,
EXC,1981-04-23,0.503176,0.503176,0.498585,0.498585,
EXC,1981-04-24,0.498585,0.503176,0.498585,0.503176,
EXC,1981-04-27,0.503176,0.507768,0.498585,0.503176,
EXC,1981-04-28,0.503176,0.512165,0.498585,0.498585,
EXC,1981-04-29,0.498585,0.503176,0.498585,0.503176,
EXC,1981-04-30,0.503176,0.507768,0.493992,0.493992,
EXC,1981-05-01,0.493992,0.498585,0.484857,0.493992,
EXC,1981-05-04,0.493992,0.493992,0.480451,0.480451,
EXC,1981-05-05,0.480451,0.480451,0.476308,0.476308,
EXC,1981-05-06,0.480451,0.484857,0.480451,0.480451,
EXC,1981-05-07,0.480451,0.484857,0.480451,0.484857,
EXC,1981-05-08,0.484857,0.493992,0.480451,0.480451,
EXC,1981-05-11,0.480451,0.484857,0.476308,0.480451,
EXC,1981-05-12,0.480451,0.484857,0.476308,0.484857,
EXC,1981-05-13,0.484857,0.498585,0.484857,0.493992,
EXC,1981-05-14,0.493992,0.503176,0.493992,0.498585,
EXC,1981-05-15,0.498585,0.503176,0.493992,0.498585,
EXC,1981-05-18,0.503176,0.512165,0.503176,0.507768,
EXC,1981-05-19,0.507768,0.512165,0.503176,0.507768,
EXC,1981-05-20,0.498585,0.498585,0.489595,0.493992,
EXC,1981-05-21,0.493992,0.503176,0.493992,0.503176,
EXC,1981-05-22,0.503176,0.503176,0.493992,0.503176,
EXC,1981-05-26,0.503176,0.512165,0.498585,0.503176,
EXC,1981-05-27,0.503176,0.516561,0.498585,0.498585,
EXC,1981-05-28,0.498585,0.512165,0.498585,0.503176,
EXC,1981-05-29,0.503176,0.512165,0.503176,0.512165,
EXC,1981-06-01,0.512165,0.516561,0.503176,0.516561,
EXC,1981-06-02,0.516561,0.516561,0.503176,0.503176,
EXC,1981-06-03,0.503176,0.512165,0.503176,0.512165,
EXC,1981-06-04,0.512165,0.512165,0.503176,0.512165,
EXC,1981-06-05,0.512165,0.512165,0.498585,0.503176,
EXC,1981-06-08,0.503176,0.516561,0.503176,0.516561,
EXC,1981-06-09,0.516561,0.516561,0.503176,0.512165,
EXC,1981-06-10,0.512165,0.521154,0.503176,0.516561,
EXC,1981-06-11,0.516561,0.53493,0.516561,0.53493,
EXC,1981-06-12,0.53493,0.539326,0.525844,0.539326,
EXC,1981-06-15,0.544114,0.5575,0.544114,0.548316,
EXC,1981-06-16,0.548316,0.553006,0.544114,0.544114,
EXC,1981-06-17,0.544114,0.548316,0.539326,0.539326,
EXC,1981-06-18,0.539326,0.539326,0.525844,0.53493,
EXC,1981-06-19,0.53493,0.53493,0.521154,0.525844,
EXC,1981-06-22,0.525844,0.561994,0.525844,0.561994,
EXC,1981-06-23,0.561994,0.561994,0.521154,0.561994,
EXC,1981-06-24,0.561994,0.561994,0.553006,0.553006,
EXC,1981-06-25,0.553006,0.561994,0.553006,0.5575,
EXC,1981-06-26,0.5575,0.561994,0.553006,0.561994,
EXC,1981-06-29,0.561994,0.561994,0.553006,0.5575,
EXC,1981-06-30,0.5575,0.561994,0.553006,0.5575,
EXC,1981-07-01,0.5575,0.5575,0.548316,0.5575,
EXC,1981-07-02,0.5575,0.561994,0.553006,0.5575,
EXC,1981-07-06,0.5575,0.5575,0.548316,0.5575,
EXC,1981-07-07,0.553006,0.553006,0.548316,0.553006,
EXC,1981-07-08,0.553006,0.553006,0.548316,0.553006,
EXC,1981-07-09,0.553006,0.5575,0.544114,0.5575,
EXC,1981-07-10,0.5575,0.561994,0.553006,0.5575,
EXC,1981-07-13,0.5575,0.571081,0.5575,0.561994,
EXC,1981-07-14,0.561994,0.56639,0.5575,0.561994,
EXC,1981-07-15,0.561994,0.56639,0.5575,0.5575,
EXC,1981-07-16,0.5575,0.561994,0.539326,0.5575,
EXC,1981-07-17,0.5575,0.56639,0.553006,0.5575,
EXC,1981-07-20,0.5575,0.561994,0.548316,0.553006,
EXC,1981-07-21,0.553006,0.5575,0.553006,0.553006,
EXC,1981-07-22,0.553006,0.5575,0.553006,0.553006,
EXC,1981-07-23,0.553006,0.5575,0.548316,0.548316,
EXC,1981-07-24,0.553006,0.56639,0.553006,0.56639,
EXC,1981-07-27,0.56639,0.571081,0.561994,0.56639,
EXC,1981-07-28,0.56639,0.56639,0.561994,0.561994,
EXC,1981-07-29,0.561994,0.571081,0.548316,0.571081,
EXC,1981-07-30,0.571081,0.571081,0.561994,0.56639,
EXC,1981-07-31,0.56639,0.56639,0.561994,0.56639,
EXC,1981-08-03,0.56639,0.56639,0.561994,0.561994,
EXC,1981-08-04,0.561994,0.56639,0.561994,0.56639,
EXC,1981-08-05,0.56639,0.56639,0.561994,0.561994,
EXC,1981-08-06,0.561994,0.571081,0.561994,0.571081,
EXC,1981-08-07,0.571081,0.571081,0.56639,0.56639,
EXC,1981-08-10,0.56639,0.589059,0.56639,0.589059,
EXC,1981-08-11,0.589059,0.589059,0.575672,0.589059,
EXC,1981-08-12,0.589059,0.594041,0.589059,0.589059,
EXC,1981-08-13,0.589059,0.594041,0.580265,0.580265,
EXC,1981-08-14,0.580265,0.589059,0.575672,0.580265,
EXC,1981-08-17,0.580265,0.589059,0.575672,0.580265,
EXC,1981-08-18,0.580265,0.594041,0.580265,0.580265,
EXC,1981-08-19,0.580265,0.589059,0.571081,0.575672,
EXC,1981-08-20,0.575672,0.575672,0.56639,0.571081,
EXC,1981-08-21,0.571081,0.594041,0.56639,0.56639,
EXC,1981-08-24,0.56639,0.571081,0.561994,0.561994,
EXC,1981-08-25,0.561994,0.56639,0.5575,0.561994,
EXC,1981-08-26,0.561994,0.56639,0.553006,0.56639,
EXC,1981-08-27,0.56639,0.56639,0.5575,0.5575,
EXC,1981-08-28,0.5575,0.56639,0.5575,0.561994,
EXC,1981-08-31,0.561994,0.56639,0.5575,0.561994,
EXC,1981-09-01,0.561994,0.561994,0.5575,0.5575,
EXC,1981-09-02,0.5575,0.561994,0.5575,0.561994,
EXC,1981-09-03,0.561994,0.56639,0.5575,0.5575,
EXC,1981-09-04,0.5575,0.5575,0.525844,0.548316,
EXC,1981-09-08,0.548316,0.548316,0.544114,0.548316,
EXC,1981-09-09,0.548316,0.5575,0.544114,0.553006,
EXC,1981-09-10,0.553006,0.561994,0.548316,0.553006,
EXC,1981-09-11,0.553006,0.5575,0.548316,0.553006,
EXC,1981-09-14,0.553006,0.5575,0.548316,0.5575,
EXC,1981-09-15,0.5575,0.5575,0.548316,0.5575,
EXC,1981-09-16,0.5575,0.5575,0.548316,0.5575,
EXC,1981-09-17,0.5575,0.5575,0.553006,0.5575,
EXC,1981-09-18,0.5575,0.5575,0.548316,0.5575,
EXC,1981-09-21,0.5575,0.5575,0.553006,0.5575,
EXC,1981-09-22,0.5575,0.561994,0.553006,0.5575,
EXC,1981-09-23,0.5575,0.5575,0.544114,0.548316,
EXC,1981-09-24,0.548316,0.553006,0.544114,0.548316,
EXC,1981-09-25,0.548316,0.548316,0.53493,0.53493,
EXC,1981-09-28,0.53493,0.544114,0.530436,0.53493,
EXC,1981-09-29,0.544114,0.548316,0.544114,0.544114,
EXC,1981-09-30,0.544114,0.548316,0.53493,0.548316,
EXC,1981-10-01,0.548316,0.553006,0.544114,0.548316,
EXC,1981-10-02,0.548316,0.548316,0.544114,0.544114,
EXC,1981-10-05,0.544114,0.5575,0.53493,0.548316,
EXC,1981-10-06,0.548316,0.561994,0.548316,0.5575,
EXC,1981-10-07,0.5575,0.56639,0.5575,0.561994,
EXC,1981-10-08,0.561994,0.56639,0.5575,0.561994,
EXC,1981-10-09,0.56639,0.571081,0.56639,0.571081,
EXC,1981-10-12,0.571081,0.575672,0.56639,0.571081,
EXC,1981-10-13,0.571081,0.571081,0.56639,0.56639,
EXC,1981-10-14,0.56639,0.575672,0.56639,0.56639,
EXC,1981-10-15,0.56639,0.571081,0.56639,0.56639,
EXC,1981-10-16,0.56639,0.571081,0.56639,0.56639,
EXC,1981-10-19,0.56639,0.571081,0.56639,0.571081,
EXC,1981-10-20,0.571081,0.571081,0.56639,0.56639,
EXC,1981-10-21,0.56639,0.571081,0.56639,0.571081,
EXC,1981-10-22,0.571081,0.571081,0.56639,0.571081,
EXC,1981-10-23,0.571081,0.571081,0.56639,0.571081,
EXC,1981-10-26,0.571081,0.571081,0.561994,0.56639,
EXC,1981-10-27,0.56639,0.575672,0.56639,0.56639,
EXC,1981-10-28,0.56639,0.571081,0.56639,0.571081,
EXC,1981-10-29,0.571081,0.580265,0.571081,0.575672,
EXC,1981-10-30,0.575672,0.589059,0.575672,0.589059,
EXC,1981-11-02,0.589059,0.598243,0.589059,0.598243,
EXC,1981-11-03,0.598243,0.602638,0.594041,0.602638,
EXC,1981-11-04,0.616219,0.616219,0.594041,0.594041,
EXC,1981-11-05,0.594041,0.598243,0.589059,0.594041,
EXC,1981-11-06,0.594041,0.598243,0.589059,0.589059,
EXC,1981-11-09,0.594041,0.607329,0.594041,0.607329,
EXC,1981-11-10,0.607329,0.630094,0.607329,0.616219,
EXC,1981-11-11,0.616219,0.621007,0.607329,0.616219,
EXC,1981-11-12,0.616219,0.621007,0.616219,0.621007,
EXC,1981-11-13,0.621007,0.630094,0.616219,0.621007,
EXC,1981-11-16,0.621007,0.630094,0.616219,0.621007,
EXC,1981-11-17,0.621007,0.630094,0.621007,0.630094,
EXC,1981-11-18,0.630094,0.630094,0.616219,0.621007,
EXC,1981-11-19,0.621007,0.630094,0.616219,0.621007,
EXC,1981-11-20,0.621007,0.630094,0.616219,0.630094,
EXC,1981-11-23,0.630094,0.630094,0.616219,0.616219,
EXC,1981-11-24,0.616219,0.630094,0.616219,0.621007,
EXC,1981-11-25,0.621007,0.630094,0.616219,0.621007,
EXC,1981-11-27,0.621007,0.634686,0.621007,0.634686,
EXC,1981-11-30,0.634686,0.634686,0.630094,0.634686,
EXC,1981-12-01,0.634686,0.634686,0.621007,0.621007,
EXC,1981-12-02,0.621007,0.621007,0.607329,0.616219,
EXC,1981-12-03,0.616219,0.616219,0.602638,0.607329,
EXC,1981-12-04,0.607329,0.621007,0.594041,0.621007,
EXC,1981-12-07,0.616219,0.616219,0.607329,0.607329,
EXC,1981-12-08,0.607329,0.616219,0.602638,0.607329,
EXC,1981-12-09,0.607329,0.616219,0.602638,0.607329,
EXC,1981-12-10,0.607329,0.616219,0.602638,0.607329,
EXC,1981-12-11,0.607329,0.616219,0.602638,0.616219,
EXC,1981-12-14,0.616219,0.621007,0.602638,0.607329,
EXC,1981-12-15,0.607329,0.616219,0.602638,0.602638,
EXC,1981-12-16,0.602638,0.607329,0.598243,0.602638,
EXC,1981-12-17,0.602638,0.607329,0.594041,0.607329,
EXC,1981-12-18,0.607329,0.607329,0.598243,0.602638,
EXC,1981-12-21,0.602638,0.607329,0.602638,0.607329,
EXC,1981-12-22,0.607329,0.607329,0.602638,0.607329,
EXC,1981-12-23,0.607329,0.607329,0.598243,0.602638,
EXC,1981-12-24,0.602638,0.607329,0.598243,0.607329,
EXC,1981-12-28,0.607329,0.607329,0.602638,0.607329,
EXC,1981-12-29,0.607329,0.607329,0.598243,0.607329,
EXC,1981-12-30,0.607329,0.607329,0.598243,0.598243,
EXC,1981-12-31,0.598243,0.607329,0.598243,0.602638,
EXC,1982-01-04,0.602638,0.616219,0.589059,0.607329,
EXC,1982-01-05,0.607329,0.616219,0.607329,0.616219,
EXC,1982-01-06,0.616219,0.616219,0.602638,0.607329,
EXC,1982-01-07,0.607329,0.616219,0.602638,0.602638,
EXC,1982-01-08,0.602638,0.607329,0.602638,0.607329,
EXC,1982-01-11,0.607329,0.607329,0.598243,0.602638,
EXC,1982-01-12,0.602638,0.607329,0.598243,0.598243,
EXC,1982-01-13,0.598243,0.607329,0.594041,0.598243,
EXC,1982-01-14,0.598243,0.598243,0.580265,0.594041,
EXC,1982-01-15,0.594041,0.602638,0.594041,0.598243,
EXC,1982-01-18,0.598243,0.607329,0.594041,0.602638,
EXC,1982-01-19,0.602638,0.607329,0.598243,0.598243,
EXC,1982-01-20,0.598243,0.607329,0.598243,0.602638,
EXC,1982-01-21,0.602638,0.602638,0.598243,0.602638,
EXC,1982-01-22,0.602638,0.602638,0.594041,0.598243,
EXC,1982-01-25,0.598243,0.602638,0.598243,0.602638,
EXC,1982-01-26,0.602638,0.602638,0.594041,0.602638,
EXC,1982-01-27,0.602638,0.602638,0.598243,0.602638,
EXC,1982-01-28,0.602638,0.607329,0.598243,0.607329,
EXC,1982-01-29,0.607329,0.621007,0.602638,0.616219,
EXC,1982-02-01,0.616219,0.616219,0.602638,0.607329,
EXC,1982-02-02,0.607329,0.607329,0.602638,0.607329,
EXC,1982-02-03,0.607329,0.607329,0.602638,0.602638,
EXC,1982-02-04,0.602638,0.616219,0.602638,0.602638,
EXC,1982-02-05,0.602638,0.607329,0.602638,0.607329,
EXC,1982-02-08,0.607329,0.616219,0.602638,0.607329,
EXC,1982-02-09,0.607329,0.616219,0.602638,0.607329,
EXC,1982-02-10,0.607329,0.607329,0.602638,0.607329,
EXC,1982-02-11,0.607329,0.607329,0.602638,0.602638,
EXC,1982-02-12,0.602638,0.616219,0.602638,0.607329,
EXC,1982-02-16,0.607329,0.607329,0.602638,0.607329,
EXC,1982-02-17,0.607329,0.616219,0.602638,0.607329,
EXC,1982-02-18,0.607329,0.616219,0.607329,0.616219,
EXC,1982-02-19,0.616219,0.616219,0.602638,0.616219,
EXC,1982-02-22,0.616219,0.621007,0.607329,0.621007,
EXC,1982-02-23,0.621007,0.621007,0.616219,0.616219,
EXC,1982-02-24,0.616219,0.616219,0.607329,0.607329,
EXC,1982-02-25,0.616219,0.621007,0.616219,0.621007,
EXC,1982-02-26,0.621007,0.630094,0.616219,0.630094,
EXC,1982-03-01,0.639083,0.639083,0.621007,0.630094,
EXC,1982-03-02,0.630094,0.639083,0.630094,0.634686,
EXC,1982-03-03,0.634686,0.652761,0.634686,0.643578,
EXC,1982-03-04,0.643578,0.643578,0.639083,0.643578,
EXC,1982-03-05,0.643578,0.652761,0.639083,0.643578,
EXC,1982-03-08,0.643578,0.652761,0.639083,0.652761,
EXC,1982-03-09,0.652761,0.652761,0.639083,0.652761,
EXC,1982-03-10,0.652761,0.68432,0.639083,0.643578,
EXC,1982-03-11,0.643578,0.652761,0.634686,0.634686,
EXC,1982-03-12,0.634686,0.639083,0.634686,0.634686,
EXC,1982-03-15,0.634686,0.639083,0.630094,0.634686,
EXC,1982-03-16,0.634686,0.634686,0.616219,0.621007,
EXC,1982-03-17,0.621007,0.621007,0.607329,0.621007,
EXC,1982-03-18,0.621007,0.630094,0.616219,0.630094,
EXC,1982-03-19,0.630094,0.634686,0.621007,0.634686,
EXC,1982-03-22,0.634686,0.643578,0.630094,0.639083,
EXC,1982-03-23,0.639083,0.643578,0.634686,0.634686,
EXC,1982-03-24,0.634686,0.639083,0.634686,0.639083,
EXC,1982-03-25,0.639083,0.639083,0.634686,0.634686,
EXC,1982-03-26,0.634686,0.639083,0.634686,0.639083,
EXC,1982-03-29,0.639083,0.639083,0.634686,0.634686,
EXC,1982-03-30,0.634686,0.639083,0.634686,0.639083,
EXC,1982-03-31,0.639083,0.643578,0.634686,0.634686,
EXC,1982-04-01,0.634686,0.639083,0.634686,0.639083,
EXC,1982-04-02,0.639083,0.643578,0.639083,0.639083,
EXC,1982-04-05,0.639083,0.643578,0.639083,0.639083,
EXC,1982-04-06,0.639083,0.643578,0.634686,0.643578,
EXC,1982-04-07,0.643578,0.652761,0.643578,0.652761,
EXC,1982-04-08,0.652761,0.652761,0.643578,0.643578,
EXC,1982-04-12,0.643578,0.66175,0.643578,0.657255,
EXC,1982-04-13,0.657255,0.66175,0.652761,0.657255,
EXC,1982-04-14,0.657255,0.66175,0.652761,0.657255,
EXC,1982-04-15,0.657255,0.66175,0.657255,0.66175,
EXC,1982-04-16,0.66175,0.666342,0.657255,0.66175,
EXC,1982-04-19,0.66175,0.666342,0.66175,0.66175,
EXC,1982-04-20,0.66175,0.666342,0.66175,0.666342,
EXC,1982-04-21,0.666342,0.666342,0.66175,0.666342,
EXC,1982-04-22,0.666342,0.675234,0.66175,0.675234,
EXC,1982-04-23,0.675234,0.679825,0.666342,0.666342,
EXC,1982-04-26,0.666342,0.675234,0.66175,0.666342,
EXC,1982-04-27,0.666342,0.666342,0.657255,0.666342,
EXC,1982-04-28,0.666342,0.675234,0.66175,0.675234,
EXC,1982-04-29,0.675234,0.675234,0.657255,0.675234,
EXC,1982-04-30,0.675234,0.675234,0.66175,0.666342,
EXC,1982-05-03,0.666342,0.675234,0.66175,0.666342,
EXC,1982-05-04,0.666342,0.68432,0.634686,0.679825,
EXC,1982-05-05,0.679825,0.68432,0.675234,0.679825,
EXC,1982-05-06,0.679825,0.693308,0.675234,0.689009,
EXC,1982-05-07,0.689009,0.693308,0.68432,0.68432,
EXC,1982-05-10,0.679825,0.679825,0.666342,0.666342,
EXC,1982-05-11,0.666342,0.693308,0.666342,0.689009,
EXC,1982-05-12,0.689009,0.702688,0.689009,0.702688,
EXC,1982-05-13,0.702688,0.702688,0.689009,0.693308,
EXC,1982-05-14,0.693308,0.702688,0.657255,0.689009,
EXC,1982-05-17,0.689009,0.693308,0.68432,0.689009,
EXC,1982-05-18,0.689009,0.702688,0.68432,0.68432,
EXC,1982-05-19,0.68432,0.689009,0.679825,0.68432,
EXC,1982-05-20,0.679825,0.679825,0.666342,0.675234,
EXC,1982-05-21,0.675234,0.693308,0.675234,0.68432,
EXC,1982-05-24,0.68432,0.693308,0.68432,0.68432,
EXC,1982-05-25,0.68432,0.689009,0.68432,0.68432,
EXC,1982-05-26,0.68432,0.689009,0.679825,0.679825,
EXC,1982-05-27,0.679825,0.68432,0.679825,0.679825,
EXC,1982-05-28,0.679825,0.679825,0.666342,0.666342,
EXC,1982-06-01,0.666342,0.679825,0.666342,0.675234,
EXC,1982-06-02,0.675234,0.689009,0.675234,0.68432,
EXC,1982-06-03,0.68432,0.689009,0.679825,0.68432,
EXC,1982-06-04,0.68432,0.689009,0.679825,0.68432,
EXC,1982-06-07,0.68432,0.68432,0.679825,0.679825,
EXC,1982-06-08,0.679825,0.689009,0.679825,0.68432,
EXC,1982-06-09,0.68432,0.68432,0.675234,0.679825,
EXC,1982-06-10,0.679825,0.679825,0.666342,0.679825,
EXC,1982-06-11,0.679825,0.68432,0.675234,0.679825,
EXC,1982-06-14,0.679825,0.679825,0.675234,0.679825,
EXC,1982-06-15,0.679825,0.68432,0.675234,0.675234,
EXC,1982-06-16,0.675234,0.675234,0.666342,0.666342,
EXC,1982-06-17,0.666342,0.675234,0.666342,0.666342,
EXC,1982-06-18,0.666342,0.675234,0.66175,0.66175,
EXC,1982-06-21,0.66175,0.666342,0.66175,0.66175,
EXC,1982-06-22,0.66175,0.675234,0.66175,0.66175,
EXC,1982-06-23,0.66175,0.666342,0.657255,0.66175,
EXC,1982-06-24,0.66175,0.666342,0.66175,0.66175,
EXC,1982-06-25,0.66175,0.666342,0.66175,0.666342,
EXC,1982-06-28,0.666342,0.675234,0.66175,0.666342,
EXC,1982-06-29,0.666342,0.675234,0.66175,0.666342,
EXC,1982-06-30,0.666342,0.666342,0.616219,0.66175,
EXC,1982-07-01,0.66175,0.666342,0.66175,0.66175,
EXC,1982-07-02,0.66175,0.666342,0.657255,0.66175,
EXC,1982-07-06,0.66175,0.666342,0.657255,0.66175,
EXC,1982-07-07,0.66175,0.66175,0.648169,0.657255,
EXC,1982-07-08,0.657255,0.657255,0.643578,0.648169,
EXC,1982-07-09,0.648169,0.657255,0.648169,0.648169,
EXC,1982-07-12,0.66175,0.675234,0.66175,0.675234,
EXC,1982-07-13,0.675234,0.675234,0.66175,0.675234,
EXC,1982-07-14,0.666342,0.666342,0.66175,0.666342,
EXC,1982-07-15,0.666342,0.666342,0.66175,0.666342,
EXC,1982-07-16,0.666342,0.666342,0.66175,0.66175,
EXC,1982-07-19,0.66175,0.666342,0.66175,0.666342,
EXC,1982-07-20,0.666342,0.666342,0.657255,0.666342,
EXC,1982-07-21,0.666342,0.666342,0.657255,0.66175,
EXC,1982-07-22,0.66175,0.666342,0.657255,0.66175,
EXC,1982-07-23,0.66175,0.666342,0.66175,0.66175,
EXC,1982-07-26,0.66175,0.675234,0.657255,0.666342,
EXC,1982-07-27,0.666342,0.689009,0.666342,0.679825,
EXC,1982-07-28,0.679825,0.679825,0.666342,0.666342,
EXC,1982-07-29,0.675234,0.68432,0.675234,0.679825,
EXC,1982-07-30,0.679825,0.679825,0.666342,0.675234,
EXC,1982-08-02,0.675234,0.689009,0.675234,0.68432,
EXC,1982-08-03,0.68432,0.702688,0.68432,0.693308,
EXC,1982-08-04,0.693308,0.702688,0.689009,0.693308,
EXC,1982-08-05,0.693308,0.693308,0.689009,0.693308,
EXC,1982-08-06,0.693308,0.702688,0.679825,0.693308,
EXC,1982-08-09,0.693308,0.702688,0.689009,0.702688,
EXC,1982-08-10,0.702688,0.706987,0.693308,0.706987,
EXC,1982-08-11,0.706987,0.706987,0.693308,0.702688,
EXC,1982-08-12,0.702688,0.706987,0.693308,0.702688,
EXC,1982-08-13,0.702688,0.711677,0.693308,0.711677,
EXC,1982-08-16,0.720567,0.738741,0.720567,0.720567,
EXC,1982-08-17,0.725062,0.779483,0.725062,0.770689,
EXC,1982-08-18,0.770689,0.793455,0.761505,0.770689,
EXC,1982-08-19,0.765805,0.765805,0.75242,0.75242,
EXC,1982-08-20,0.75242,0.775282,0.75242,0.775282,
EXC,1982-08-23,0.775282,0.783879,0.738741,0.765805,
EXC,1982-08-24,0.765805,0.775282,0.748023,0.757012,
EXC,1982-08-25,0.757012,0.775282,0.757012,0.770689,
EXC,1982-08-26,0.770689,0.783879,0.765805,0.775282,
EXC,1982-08-27,0.775282,0.783879,0.765805,0.775282,
EXC,1982-08-30,0.775282,0.775282,0.765805,0.770689,
EXC,1982-08-31,0.770689,0.78857,0.765805,0.783879,
EXC,1982-09-01,0.783879,0.783879,0.765805,0.775282,
EXC,1982-09-02,0.775282,0.775282,0.765805,0.770689,
EXC,1982-09-03,0.770689,0.783879,0.770689,0.775282,
EXC,1982-09-07,0.775282,0.775282,0.770689,0.775282,
EXC,1982-09-08,0.775282,0.775282,0.765805,0.765805,
EXC,1982-09-09,0.765805,0.770689,0.757012,0.765805,
EXC,1982-09-10,0.765805,0.770689,0.757012,0.757012,
EXC,1982-09-13,0.757012,0.770689,0.757012,0.765805,
EXC,1982-09-14,0.765805,0.765805,0.757012,0.765805,
EXC,1982-09-15,0.765805,0.770689,0.757012,0.770689,
EXC,1982-09-16,0.770689,0.775282,0.757012,0.765805,
EXC,1982-09-17,0.765805,0.770689,0.75242,0.765805,
EXC,1982-09-20,0.765805,0.765805,0.757012,0.765805,
EXC,1982-09-21,0.765805,0.770689,0.75242,0.770689,
EXC,1982-09-22,0.770689,0.775282,0.757012,0.765805,
EXC,1982-09-23,0.765805,0.770689,0.757012,0.770689,
EXC,1982-09-24,0.770689,0.775282,0.765805,0.765805,
EXC,1982-09-27,0.765805,0.775282,0.757012,0.770689,
EXC,1982-09-28,0.770689,0.775282,0.765805,0.775282,
EXC,1982-09-29,0.775282,0.775282,0.770689,0.775282,
EXC,1982-09-30,0.765805,0.765805,0.757012,0.757012,
EXC,1982-10-01,0.757012,0.770689,0.748023,0.770689,
EXC,1982-10-04,0.770689,0.775282,0.75242,0.775282,
EXC,1982-10-05,0.775282,0.783879,0.757012,0.770689,
EXC,1982-10-06,0.770689,0.78857,0.765805,0.783879,
EXC,1982-10-07,0.78857,0.793455,0.78857,0.78857,
EXC,1982-10-08,0.793455,0.811432,0.793455,0.811432,
EXC,1982-10-11,0.811432,0.829606,0.811432,0.825111,
EXC,1982-10-12,0.825111,0.833904,0.825111,0.829606,
EXC,1982-10-13,0.829606,0.833904,0.806841,0.833904,
EXC,1982-10-14,0.833904,0.842991,0.829606,0.829606,
EXC,1982-10-15,0.829606,0.833904,0.825111,0.829606,
EXC,1982-10-18,0.829606,0.833904,0.825111,0.833904,
EXC,1982-10-19,0.833904,0.842991,0.829606,0.842991,
EXC,1982-10-20,0.842991,0.842991,0.829606,0.833904,
EXC,1982-10-21,0.833904,0.842991,0.78857,0.829606,
EXC,1982-10-22,0.829606,0.833904,0.825111,0.833904,
EXC,1982-10-25,0.829606,0.829606,0.811432,0.825111,
EXC,1982-10-26,0.825111,0.825111,0.811432,0.825111,
EXC,1982-10-27,0.825111,0.833904,0.825111,0.833904,
EXC,1982-10-28,0.833904,0.833904,0.829606,0.833904,
EXC,1982-10-29,0.833904,0.833904,0.825111,0.833904,
EXC,1982-11-01,0.833904,0.833904,0.829606,0.833904,
EXC,1982-11-02,0.833904,0.852175,0.833904,0.842991,
EXC,1982-11-03,0.842991,0.861164,0.833904,0.861164,
EXC,1982-11-04,0.865659,0.865659,0.852175,0.865659,
EXC,1982-11-05,0.865659,0.865659,0.842991,0.842991,
EXC,1982-11-08,0.842991,0.856767,0.842991,0.852175,
EXC,1982-11-09,0.852175,0.856767,0.842991,0.856767,
EXC,1982-11-10,0.856767,0.856767,0.852175,0.856767,
EXC,1982-11-11,0.856767,0.856767,0.842991,0.856767,
EXC,1982-11-12,0.856767,0.856767,0.842991,0.852175,
EXC,1982-11-15,0.852175,0.852175,0.829606,0.842991,
EXC,1982-11-16,0.842991,0.842991,0.815927,0.829606,
EXC,1982-11-17,0.829606,0.838497,0.815927,0.829606,
EXC,1982-11-18,0.829606,0.838497,0.825111,0.838497,
EXC,1982-11-19,0.838497,0.838497,0.825111,0.838497,
EXC,1982-11-22,0.838497,0.838497,0.815927,0.829606,
EXC,1982-11-23,0.825111,0.825111,0.811432,0.815927,
EXC,1982-11-24,0.815927,0.815927,0.806841,0.815927,
EXC,1982-11-26,0.815927,0.825111,0.811432,0.825111,
EXC,1982-11-29,0.825111,0.825111,0.811432,0.825111,
EXC,1982-11-30,0.825111,0.825111,0.811432,0.825111,
EXC,1982-12-01,0.825111,0.829606,0.815927,0.825111,
EXC,1982-12-02,0.825111,0.829606,0.815927,0.829606,
EXC,1982-12-03,0.829606,0.829606,0.815927,0.829606,
EXC,1982-12-06,0.829606,0.838497,0.815927,0.838497,
EXC,1982-12-07,0.838497,0.838497,0.829606,0.838497,
EXC,1982-12-08,0.838497,0.842991,0.825111,0.838497,
EXC,1982-12-09,0.838497,0.852175,0.829606,0.852175,
EXC,1982-12-10,0.852175,0.852175,0.838497,0.852175,
EXC,1982-12-13,0.852175,0.852175,0.838497,0.852175,
EXC,1982-12-14,0.852175,0.865659,0.852175,0.856767,
EXC,1982-12-15,0.856767,0.856767,0.842991,0.856767,
EXC,1982-12-16,0.856767,0.856767,0.842991,0.852175,
EXC,1982-12-17,0.852175,0.856767,0.842991,0.856767,
EXC,1982-12-20,0.856767,0.856767,0.852175,0.856767,
EXC,1982-12-21,0.856767,0.856767,0.838497,0.856767,
EXC,1982-12-22,0.856767,0.865659,0.852175,0.865659,
EXC,1982-12-23,0.865659,0.865659,0.852175,0.865659,
EXC,1982-12-27,0.856767,0.856767,0.842991,0.856767,
EXC,1982-12-28,0.856767,0.865659,0.852175,0.856767,
EXC,1982-12-29,0.856767,0.865659,0.856767,0.865659,
EXC,1982-12-30,0.865659,0.865659,0.856767,0.865659,
EXC,1982-12-31,0.865659,0.865659,0.852175,0.865659,
EXC,1983-01-03,0.865659,0.865659,0.852175,0.865659,
EXC,1983-01-04,0.865659,0.865659,0.856767,0.865659,
EXC,1983-01-05,0.865659,0.879533,0.856767,0.870153,
EXC,1983-01-06,0.870153,0.879533,0.865659,0.879533,
EXC,1983-01-07,0.879533,0.883734,0.865659,0.883734,
EXC,1983-01-10,0.883734,0.888326,0.870153,0.879533,
EXC,1983-01-11,0.879533,0.883734,0.870153,0.883734,
EXC,1983-01-12,0.883734,0.888326,0.879533,0.888326,
EXC,1983-01-13,0.888326,0.897705,0.883734,0.888326,
EXC,1983-01-14,0.888326,0.901809,0.883734,0.897705,
EXC,1983-01-17,0.897705,0.906597,0.888326,0.901809,
EXC,1983-01-18,0.901809,0.906597,0.897705,0.897705,
EXC,1983-01-19,0.897705,0.901809,0.897705,0.897705,
EXC,1983-01-20,0.897705,0.901809,0.888326,0.901809,
EXC,1983-01-21,0.901809,0.901809,0.888326,0.897705,
EXC,1983-01-24,0.897705,0.897705,0.883734,0.883734,
EXC,1983-01-25,0.883734,0.897705,0.883734,0.888326,
EXC,1983-01-26,0.888326,0.901809,0.883734,0.888326,
EXC,1983-01-27,0.888326,0.915781,0.888326,0.901809,
EXC,1983-01-28,0.901809,0.915781,0.897705,0.901809,
EXC,1983-01-31,0.901809,0.906597,0.888326,0.901809,
EXC,1983-02-01,0.901809,0.906597,0.888326,0.897705,
EXC,1983-02-02,0.897705,0.901809,0.888326,0.897705,
EXC,1983-02-03,0.897705,0.901809,0.888326,0.897705,
EXC,1983-02-04,0.897705,0.901809,0.888326,0.901809,
EXC,1983-02-07,0.901809,0.906597,0.897705,0.906597,
EXC,1983-02-08,0.906597,0.906597,0.897705,0.897705,
EXC,1983-02-09,0.897705,0.901809,0.897705,0.897705,
EXC,1983-02-10,0.897705,0.901809,0.888326,0.901809,
EXC,1983-02-11,0.901809,0.901809,0.897705,0.897705,
EXC,1983-02-14,0.897705,0.901809,0.897705,0.901809,
EXC,1983-02-15,0.901809,0.906597,0.897705,0.906597,
EXC,1983-02-16,0.906597,0.906597,0.901809,0.901809,
EXC,1983-02-17,0.901809,0.906597,0.870153,0.901809,
EXC,1983-02-18,0.901809,0.906597,0.897705,0.901809,
EXC,1983-02-22,0.901809,0.901809,0.897705,0.897705,
EXC,1983-02-23,0.897705,0.906597,0.897705,0.906597,
EXC,1983-02-24,0.906597,0.906597,0.901809,0.906597,
EXC,1983-02-25,0.906597,0.915781,0.901809,0.901809,
EXC,1983-02-28,0.906597,0.906597,0.892918,0.897705,
EXC,1983-03-01,0.897705,0.901809,0.892918,0.901809,
EXC,1983-03-02,0.901809,0.901809,0.897705,0.901809,
EXC,1983-03-03,0.901809,0.901809,0.897705,0.901809,
EXC,1983-03-04,0.901809,0.901809,0.897705,0.897705,
EXC,1983-03-07,0.897705,0.906597,0.897705,0.901809,
EXC,1983-03-08,0.901809,0.901809,0.897705,0.901809,
EXC,1983-03-09,0.901809,0.933759,0.897705,0.897705,
EXC,1983-03-10,0.897705,0.901809,0.897705,0.897705,
EXC,1983-03-11,0.897705,0.901809,0.892918,0.897705,
EXC,1983-03-14,0.897705,0.897705,0.892918,0.897705,
EXC,1983-03-15,0.897705,0.901809,0.892918,0.901809,
EXC,1983-03-16,0.901809,0.901809,0.897705,0.901809,
EXC,1983-03-17,0.901809,0.901809,0.892918,0.901809,
EXC,1983-03-18,0.901809,0.901809,0.892918,0.901809,
EXC,1983-03-21,0.901809,0.901809,0.892918,0.897705,
EXC,1983-03-22,0.897705,0.901809,0.892918,0.897705,
EXC,1983-03-23,0.897705,0.901809,0.897705,0.897705,
EXC,1983-03-24,0.897705,0.906597,0.892918,0.901809,
EXC,1983-03-25,0.901809,0.906597,0.897705,0.906597,
EXC,1983-03-28,0.906597,0.915781,0.897705,0.901809,
EXC,1983-03-29,0.901809,0.906597,0.897705,0.901809,
EXC,1983-03-30,0.901809,0.906597,0.901809,0.906597,
EXC,1983-03-31,0.906597,0.906597,0.901809,0.901809,
EXC,1983-04-04,0.901809,0.906597,0.901809,0.901809,
EXC,1983-04-05,0.901809,0.906597,0.901809,0.901809,
EXC,1983-04-06,0.901809,0.906597,0.897705,0.897705,
EXC,1983-04-07,0.897705,0.906597,0.897705,0.901809,
EXC,1983-04-08,0.901809,0.901809,0.892918,0.897705,
EXC,1983-04-11,0.897705,0.906597,0.897705,0.897705,
EXC,1983-04-12,0.897705,0.906597,0.897705,0.901809,
EXC,1983-04-13,0.901809,0.906597,0.897705,0.897705,
EXC,1983-04-14,0.897705,0.906597,0.897705,0.901809,
EXC,1983-04-15,0.901809,0.906597,0.897705,0.901809,
EXC,1983-04-18,0.901809,0.906597,0.897705,0.906597,
EXC,1983-04-19,0.906597,0.915781,0.901809,0.906597,
EXC,1983-04-20,0.906597,0.924867,0.901809,0.915781,
EXC,1983-04-21,0.915781,0.928971,0.915781,0.924867,
EXC,1983-04-22,0.924867,0.933759,0.924867,0.933759,
EXC,1983-04-25,0.933759,0.933759,0.924867,0.928971,
EXC,1983-04-26,0.928971,0.928971,0.924867,0.928971,
EXC,1983-04-27,0.928971,0.928971,0.924867,0.928971,
EXC,1983-04-28,0.928971,0.933759,0.928971,0.933759,
EXC,1983-04-29,0.933759,0.942746,0.928971,0.933759,
EXC,1983-05-02,0.933759,0.942746,0.928971,0.933759,
EXC,1983-05-03,0.933759,0.933759,0.924867,0.933759,
EXC,1983-05-04,0.933759,0.942746,0.928971,0.933759,
EXC,1983-05-05,0.933759,0.942746,0.928971,0.933759,
EXC,1983-05-06,0.933759,0.942746,0.928971,0.933759,
EXC,1983-05-09,0.933759,0.942746,0.924867,0.942746,
EXC,1983-05-10,0.942746,0.95154,0.933759,0.942746,
EXC,1983-05-11,0.942746,0.95154,0.942746,0.95154,
EXC,1983-05-12,0.95154,0.95154,0.933759,0.95154,
EXC,1983-05-13,0.95154,0.956719,0.942746,0.956719,
EXC,1983-05-16,0.956719,0.956719,0.942746,0.956719,
EXC,1983-05-17,0.956719,0.956719,0.942746,0.956719,
EXC,1983-05-18,0.956719,0.956719,0.942746,0.95154,
EXC,1983-05-19,0.942746,0.942746,0.928971,0.933759,
EXC,1983-05-20,0.933759,0.942746,0.928971,0.942746,
EXC,1983-05-23,0.933759,0.933759,0.924867,0.928971,
EXC,1983-05-24,0.928971,0.942746,0.928971,0.942746,
EXC,1983-05-25,0.942746,0.942746,0.933759,0.942746,
EXC,1983-05-26,0.942746,0.942746,0.928971,0.933759,
EXC,1983-05-27,0.933759,0.95154,0.928971,0.942746,
EXC,1983-05-31,0.942746,0.95154,0.928971,0.942746,
EXC,1983-06-01,0.942746,0.95154,0.928971,0.933759,
EXC,1983-06-02,0.933759,0.942746,0.928971,0.928971,
EXC,1983-06-03,0.928971,0.933759,0.924867,0.928971,
EXC,1983-06-06,0.928971,0.933759,0.924867,0.928971,
EXC,1983-06-07,0.928971,0.933759,0.924867,0.928971,
EXC,1983-06-08,0.928971,0.928971,0.924867,0.928971,
EXC,1983-06-09,0.928971,0.928971,0.910993,0.915781,
EXC,1983-06-10,0.915781,0.915781,0.910993,0.910993,
EXC,1983-06-13,0.910993,0.924867,0.910993,0.915781,
EXC,1983-06-14,0.915781,0.915781,0.910993,0.915781,
EXC,1983-06-15,0.915781,0.924867,0.910993,0.924867,
EXC,1983-06-16,0.924867,0.924867,0.910993,0.915781,
EXC,1983-06-17,0.915781,0.95154,0.910993,0.915781,
EXC,1983-06-20,0.915781,0.915781,0.906597,0.910993,
EXC,1983-06-21,0.910993,0.915781,0.906597,0.915781,
EXC,1983-06-22,0.915781,0.924867,0.906597,0.915781,
EXC,1983-06-23,0.915781,0.915781,0.906597,0.906597,
EXC,1983-06-24,0.906597,0.910993,0.897705,0.906597,
EXC,1983-06-27,0.906597,0.906597,0.879533,0.883734,
EXC,1983-06-28,0.883734,0.892918,0.883734,0.892918,
EXC,1983-06-29,0.892918,0.892918,0.879533,0.883734,
EXC,1983-06-30,0.883734,0.897705,0.883734,0.897705,
EXC,1983-07-01,0.897705,0.897705,0.892918,0.897705,
EXC,1983-07-05,0.897705,0.897705,0.883734,0.897705,
EXC,1983-07-06,0.897705,0.897705,0.883734,0.892918,
EXC,1983-07-07,0.892918,0.892918,0.883734,0.883734,
EXC,1983-07-08,0.883734,0.892918,0.883734,0.883734,
EXC,1983-07-11,0.883734,0.897705,0.883734,0.892918,
EXC,1983-07-12,0.892918,0.897705,0.892918,0.892918,
EXC,1983-07-13,0.892918,0.915781,0.892918,0.915781,
EXC,1983-07-14,0.915781,0.915781,0.910993,0.915781,
EXC,1983-07-15,0.915781,0.915781,0.897705,0.910993,
EXC,1983-07-18,0.910993,0.910993,0.897705,0.906597,
EXC,1983-07-19,0.906597,0.915781,0.906597,0.915781,
EXC,1983-07-20,0.915781,0.928971,0.915781,0.924867,
EXC,1983-07-21,0.924867,0.928971,0.915781,0.915781,
EXC,1983-07-22,0.915781,0.924867,0.910993,0.924867,
EXC,1983-07-25,0.924867,0.924867,0.915781,0.924867,
EXC,1983-07-26,0.924867,0.928971,0.910993,0.928971,
EXC,1983-07-27,0.928971,0.928971,0.915781,0.915781,
EXC,1983-07-28,0.915781,0.924867,0.910993,0.915781,
EXC,1983-07-29,0.915781,0.915781,0.883734,0.910993,
EXC,1983-08-01,0.910993,0.910993,0.892918,0.906597,
EXC,1983-08-02,0.906597,0.906597,0.897705,0.906597,
EXC,1983-08-03,0.906597,0.906597,0.865659,0.897705,
EXC,1983-08-04,0.897705,0.910993,0.897705,0.906597,
EXC,1983-08-05,0.906597,0.915781,0.906597,0.906597,
EXC,1983-08-08,0.906597,0.910993,0.897705,0.906597,
EXC,1983-08-09,0.906597,0.910993,0.892918,0.892918,
EXC,1983-08-10,0.892918,0.906597,0.892918,0.906597,
EXC,1983-08-11,0.906597,0.906597,0.892918,0.906597,
EXC,1983-08-12,0.906597,0.915781,0.897705,0.915781,
EXC,1983-08-15,0.915781,0.924867,0.915781,0.915781,
EXC,1983-08-16,0.915781,0.928971,0.915781,0.924867,
EXC,1983-08-17,0.924867,0.924867,0.915781,0.915781,
EXC,1983-08-18,0.910993,0.910993,0.897705,0.906597,
EXC,1983-08-19,0.906597,0.910993,0.897705,0.910993,
EXC,1983-08-22,0.910993,0.910993,0.906597,0.910993,
EXC,1983-08-23,0.910993,0.910993,0.897705,0.906597,
EXC,1983-08-24,0.906597,0.910993,0.897705,0.897705,
EXC,1983-08-25,0.897705,0.906597,0.892918,0.906597,
EXC,1983-08-26,0.906597,0.910993,0.897705,0.906597,
EXC,1983-08-29,0.906597,0.910993,0.897705,0.910993,
EXC,1983-08-30,0.910993,0.910993,0.897705,0.906597,
EXC,1983-08-31,0.906597,0.906597,0.897705,0.906597,
EXC,1983-09-01,0.906597,0.906597,0.897705,0.906597,
EXC,1983-09-02,0.906597,0.910993,0.897705,0.910993,
EXC,1983-09-06,0.910993,0.933759,0.906597,0.906597,
EXC,1983-09-07,0.906597,0.915781,0.897705,0.910993,
EXC,1983-09-08,0.910993,0.910993,0.906597,0.910993,
EXC,1983-09-09,0.910993,0.915781,0.906597,0.915781,
EXC,1983-09-12,0.915781,0.933759,0.915781,0.924867,
EXC,1983-09-13,0.924867,0.933759,0.915781,0.915781,
EXC,1983-09-14,0.924867,0.924867,0.924867,0.924867,
EXC,1983-09-15,0.924867,0.924867,0.915781,0.924867,
EXC,1983-09-16,0.924867,0.924867,0.910993,0.915781,
EXC,1983-09-19,0.915781,0.924867,0.910993,0.915781,
EXC,1983-09-20,0.915781,0.924867,0.910993,0.924867,
EXC,1983-09-21,0.924867,0.933759,0.915781,0.933759,
EXC,1983-09-22,0.933759,0.933759,0.879533,0.933759,
EXC,1983-09-23,0.933759,0.938156,0.933759,0.938156,
EXC,1983-09-26,0.938156,0.947437,0.938156,0.947437,
EXC,1983-09-27,0.947437,0.947437,0.938156,0.947437,
EXC,1983-09-28,0.947437,0.947437,0.933759,0.947437,
EXC,1983-09-29,0.947437,0.947437,0.906597,0.933759,
EXC,1983-09-30,0.933759,0.947437,0.933759,0.938156,
EXC,1983-10-03,0.938156,0.947437,0.933759,0.933759,
EXC,1983-10-04,0.938156,0.96092,0.938156,0.95154,
EXC,1983-10-05,0.95154,0.965609,0.947437,0.96092,
EXC,1983-10-06,0.96092,0.988079,0.947437,0.988079,
EXC,1983-10-07,0.988079,0.988079,0.924867,0.974793,
EXC,1983-10-10,0.974793,0.983489,0.965609,0.965609,
EXC,1983-10-11,0.965609,0.965609,0.95154,0.96092,
EXC,1983-10-12,0.96092,0.965609,0.95154,0.96092,
EXC,1983-10-13,0.96092,0.96092,0.95154,0.96092,
EXC,1983-10-14,0.96092,0.96092,0.95154,0.96092,
EXC,1983-10-17,0.96092,0.965609,0.95154,0.96092,
EXC,1983-10-18,0.96092,0.96092,0.95154,0.96092,
EXC,1983-10-19,0.96092,0.96092,0.947437,0.95154,
EXC,1983-10-20,0.95154,0.965609,0.947437,0.965609,
EXC,1983-10-21,0.965609,0.965609,0.96092,0.96092,
EXC,1983-10-24,0.96092,0.974793,0.95154,0.965609,
EXC,1983-10-25,0.965609,0.974793,0.96092,0.974793,
EXC,1983-10-26,0.974793,0.974793,0.965609,0.974793,
EXC,1983-10-27,0.974793,0.974793,0.96092,0.974793,
EXC,1983-10-28,0.974793,0.983489,0.965609,0.965609,
EXC,1983-10-31,0.965609,0.983489,0.965609,0.983489,
EXC,1983-11-01,0.983489,0.983489,0.965609,0.965609,
EXC,1983-11-02,0.965609,0.965609,0.96092,0.965609,
EXC,1983-11-03,0.965609,0.965609,0.924867,0.933759,
EXC,1983-11-04,0.933759,0.942746,0.915781,0.933759,
EXC,1983-11-07,0.933759,0.942746,0.915781,0.924867,
EXC,1983-11-08,0.924867,0.924867,0.897705,0.897705,
EXC,1983-11-09,0.897705,0.910993,0.897705,0.906597,
EXC,1983-11-10,0.906597,0.910993,0.897705,0.906597,
EXC,1983-11-11,0.906597,0.906597,0.892918,0.897705,
EXC,1983-11-14,0.897705,0.910993,0.892918,0.906597,
EXC,1983-11-15,0.906597,0.910993,0.897705,0.906597,
EXC,1983-11-16,0.906597,0.910993,0.897705,0.910993,
EXC,1983-11-17,0.910993,0.910993,0.906597,0.910993,
EXC,1983-11-18,0.910993,0.910993,0.897705,0.906597,
EXC,1983-11-21,0.906597,0.910993,0.897705,0.906597,
EXC,1983-11-22,0.906597,0.906597,0.892918,0.897705,
EXC,1983-11-23,0.897705,0.947437,0.870153,0.897705,
EXC,1983-11-25,0.897705,0.897705,0.892918,0.897705,
EXC,1983-11-28,0.897705,0.897705,0.883734,0.883734,
EXC,1983-11-29,0.883734,0.892918,0.861164,0.892918,
EXC,1983-11-30,0.892918,0.906597,0.861164,0.861164,
EXC,1983-12-01,0.861164,0.897705,0.829606,0.838497,
EXC,1983-12-02,0.829606,0.829606,0.775282,0.815927,
EXC,1983-12-05,0.815927,0.825111,0.802151,0.815927,
EXC,1983-12-06,0.815927,0.838497,0.815927,0.829606,
EXC,1983-12-07,0.829606,0.838497,0.825111,0.838497,
EXC,1983-12-08,0.838497,0.847681,0.829606,0.838497,
EXC,1983-12-09,0.838497,0.856767,0.838497,0.847681,
EXC,1983-12-12,0.847681,0.861164,0.847681,0.861164,
EXC,1983-12-13,0.861164,0.870153,0.856767,0.870153,
EXC,1983-12-14,0.870153,0.870153,0.861164,0.870153,
EXC,1983-12-15,0.870153,0.870153,0.861164,0.861164,
EXC,1983-12-16,0.861164,0.861164,0.802151,0.802151,
EXC,1983-12-19,0.802151,0.825111,0.802151,0.825111,
EXC,1983-12-20,0.825111,0.825111,0.811432,0.825111,
EXC,1983-12-21,0.825111,0.825111,0.802151,0.811432,
EXC,1983-12-22,0.811432,0.825111,0.793455,0.793455,
EXC,1983-12-23,0.793455,0.815927,0.78857,0.802151,
EXC,1983-12-27,0.802151,0.847681,0.802151,0.829606,
EXC,1983-12-28,0.829606,0.847681,0.811432,0.815927,
EXC,1983-12-29,0.815927,0.825111,0.811432,0.815927,
EXC,1983-12-30,0.815927,0.825111,0.811432,0.825111,
EXC,1984-01-03,0.825111,0.829606,0.802151,0.815927,
EXC,1984-01-04,0.815927,0.838497,0.815927,0.829606,
EXC,1984-01-05,0.829606,0.915781,0.829606,0.910993,
EXC,1984-01-06,0.910993,0.915781,0.874744,0.897705,
EXC,1984-01-09,0.897705,0.897705,0.874744,0.874744,
EXC,1984-01-10,0.874744,0.874744,0.861164,0.870153,
EXC,1984-01-11,0.870153,0.874744,0.838497,0.838497,
EXC,1984-01-12,0.838497,0.856767,0.838497,0.847681,
EXC,1984-01-13,0.861164,0.870153,0.861164,0.870153,
EXC,1984-01-16,0.861164,0.861164,0.838497,0.838497,
EXC,1984-01-17,0.838497,0.847681,0.829606,0.829606,
EXC,1984-01-18,0.829606,0.838497,0.825111,0.838497,
EXC,1984-01-19,0.838497,0.838497,0.825111,0.829606,
EXC,1984-01-20,0.825111,0.825111,0.811432,0.815927,
EXC,1984-01-23,0.815927,0.838497,0.811432,0.825111,
EXC,1984-01-24,0.825111,0.838497,0.811432,0.815927,
EXC,1984-01-25,0.815927,0.838497,0.811432,0.829606,
EXC,1984-01-26,0.829606,0.838497,0.829606,0.838497,
EXC,1984-01-27,0.838497,0.861164,0.829606,0.856767,
EXC,1984-01-30,0.856767,0.870153,0.802151,0.847681,
EXC,1984-01-31,0.847681,0.870153,0.847681,0.861164,
EXC,1984-02-01,0.861164,0.892918,0.861164,0.874744,
EXC,1984-02-02,0.874744,0.897705,0.874744,0.892918,
EXC,1984-02-03,0.892918,0.906597,0.883734,0.883734,
EXC,1984-02-06,0.883734,0.892918,0.870153,0.870153,
EXC,1984-02-07,0.870153,0.883734,0.870153,0.874744,
EXC,1984-02-08,0.874744,0.883734,0.861164,0.870153,
EXC,1984-02-09,0.870153,0.874744,0.861164,0.870153,
EXC,1984-02-10,0.861164,0.861164,0.825111,0.829606,
EXC,1984-02-13,0.829606,0.847681,0.811432,0.815927,
EXC,1984-02-14,0.815927,0.838497,0.815927,0.825111,
EXC,1984-02-15,0.825111,0.829606,0.815927,0.825111,
EXC,1984-02-16,0.825111,0.838497,0.815927,0.829606,
EXC,1984-02-17,0.829606,0.838497,0.802151,0.838497,
EXC,1984-02-21,0.838497,0.847681,0.829606,0.847681,
EXC,1984-02-22,0.847681,0.856767,0.838497,0.847681,
EXC,1984-02-23,0.847681,0.856767,0.829606,0.838497,
EXC,1984-02-24,0.838497,0.838497,0.829606,0.838497,
EXC,1984-02-27,0.856767,0.856767,0.833904,0.852175,
EXC,1984-02-28,0.852175,0.856767,0.842991,0.842991,
EXC,1984-02-29,0.852175,0.865659,0.852175,0.852175,
EXC,1984-03-01,0.852175,0.856767,0.852175,0.852175,
EXC,1984-03-02,0.852175,0.888326,0.852175,0.856767,
EXC,1984-03-05,0.856767,0.879533,0.852175,0.865659,
EXC,1984-03-06,0.865659,0.879533,0.865659,0.865659,
EXC,1984-03-07,0.865659,0.874744,0.856767,0.865659,
EXC,1984-03-08,0.865659,0.874744,0.852175,0.852175,
EXC,1984-03-09,0.852175,0.856767,0.852175,0.852175,
EXC,1984-03-12,0.852175,0.874744,0.852175,0.865659,
EXC,1984-03-13,0.865659,0.874744,0.865659,0.865659,
EXC,1984-03-14,0.865659,0.874744,0.833904,0.874744,
EXC,1984-03-15,0.874744,0.874744,0.856767,0.856767,
EXC,1984-03-16,0.856767,0.865659,0.852175,0.856767,
EXC,1984-03-19,0.856767,0.856767,0.842991,0.842991,
EXC,1984-03-20,0.842991,0.856767,0.842991,0.856767,
EXC,1984-03-21,0.856767,0.865659,0.842991,0.842991,
EXC,1984-03-22,0.842991,0.852175,0.842991,0.852175,
EXC,1984-03-23,0.852175,0.852175,0.833904,0.842991,
EXC,1984-03-26,0.842991,0.852175,0.833904,0.842991,
EXC,1984-03-27,0.842991,0.856767,0.842991,0.852175,
EXC,1984-03-28,0.852175,0.865659,0.842991,0.856767,
EXC,1984-03-29,0.856767,0.865659,0.852175,0.852175,
EXC,1984-03-30,0.852175,0.856767,0.852175,0.856767,
EXC,1984-04-02,0.856767,0.856767,0.852175,0.852175,
EXC,1984-04-03,0.852175,0.852175,0.833904,0.833904,
EXC,1984-04-04,0.833904,0.842991,0.811432,0.820226,
EXC,1984-04-05,0.820226,0.833904,0.797852,0.797852,
EXC,1984-04-06,0.797852,0.802151,0.793455,0.793455,
EXC,1984-04-09,0.793455,0.856767,0.783879,0.802151,
EXC,1984-04-10,0.802151,0.811432,0.783879,0.783879,
EXC,1984-04-11,0.783879,0.793455,0.770689,0.775282,
EXC,1984-04-12,0.775282,0.775282,0.716171,0.770689,
EXC,1984-04-13,0.770689,0.770689,0.706987,0.770689,
EXC,1984-04-16,0.770689,0.770689,0.75242,0.761505,
EXC,1984-04-17,0.761505,0.775282,0.761505,0.775282,
EXC,1984-04-18,0.775282,0.783879,0.770689,0.775282,
EXC,1984-04-19,0.775282,0.783879,0.775282,0.783879,
EXC,1984-04-23,0.783879,0.783879,0.770689,0.775282,
EXC,1984-04-24,0.775282,0.783879,0.770689,0.775282,
EXC,1984-04-25,0.775282,0.775282,0.770689,0.775282,
EXC,1984-04-26,0.775282,0.775282,0.761505,0.770689,
EXC,1984-04-27,0.770689,0.770689,0.761505,0.770689,
EXC,1984-04-30,0.770689,0.770689,0.729948,0.770689,
EXC,1984-05-01,0.770689,0.775282,0.761505,0.770689,
EXC,1984-05-02,0.770689,0.770689,0.761505,0.770689,
EXC,1984-05-03,0.770689,0.775282,0.761505,0.770689,
EXC,1984-05-04,0.770689,0.775282,0.770689,0.775282,
EXC,1984-05-07,0.775282,0.775282,0.761505,0.775282,
EXC,1984-05-08,0.775282,0.793455,0.770689,0.793455,
EXC,1984-05-09,0.793455,0.820226,0.783879,0.820226,
EXC,1984-05-10,0.820226,0.825111,0.811432,0.811432,
EXC,1984-05-11,0.811432,0.825111,0.811432,0.811432,
EXC,1984-05-14,0.811432,0.820226,0.797852,0.802151,
EXC,1984-05-15,0.802151,0.802151,0.797852,0.802151,
EXC,1984-05-16,0.802151,0.811432,0.797852,0.802151,
EXC,1984-05-17,0.838497,0.865659,0.779483,0.793455,
EXC,1984-05-18,0.793455,0.793455,0.779483,0.783879,
EXC,1984-05-21,0.783879,0.793455,0.770689,0.779483,
EXC,1984-05-22,0.779483,0.779483,0.757012,0.761505,
EXC,1984-05-23,0.761505,0.779483,0.761505,0.761505,
EXC,1984-05-24,0.761505,0.770689,0.757012,0.761505,
EXC,1984-05-25,0.761505,0.779483,0.761505,0.779483,
EXC,1984-05-29,0.779483,0.779483,0.748023,0.761505,
EXC,1984-05-30,0.761505,0.761505,0.748023,0.748023,
EXC,1984-05-31,0.748023,0.770689,0.748023,0.761505,
EXC,1984-06-01,0.761505,0.783879,0.761505,0.783879,
EXC,1984-06-04,0.783879,0.797852,0.783879,0.793455,
EXC,1984-06-05,0.793455,0.793455,0.779483,0.779483,
EXC,1984-06-06,0.779483,0.783879,0.779483,0.783879,
EXC,1984-06-07,0.783879,0.793455,0.779483,0.793455,
EXC,1984-06-08,0.793455,0.797852,0.783879,0.783879,
EXC,1984-06-11,0.783879,0.793455,0.779483,0.779483,
EXC,1984-06-12,0.779483,0.793455,0.779483,0.793455,
EXC,1984-06-13,0.793455,0.793455,0.783879,0.793455,
EXC,1984-06-14,0.793455,0.797852,0.783879,0.783879,
EXC,1984-06-15,0.783879,0.793455,0.779483,0.779483,
EXC,1984-06-18,0.779483,0.797852,0.779483,0.793455,
EXC,1984-06-19,0.793455,0.793455,0.779483,0.783879,
EXC,1984-06-20,0.779483,0.779483,0.761505,0.770689,
EXC,1984-06-21,0.770689,0.797852,0.761505,0.779483,
EXC,1984-06-22,0.779483,0.779483,0.761505,0.779483,
EXC,1984-06-25,0.779483,0.793455,0.779483,0.783879,
EXC,1984-06-26,0.783879,0.793455,0.779483,0.779483,
EXC,1984-06-27,0.779483,0.783879,0.748023,0.779483,
EXC,1984-06-28,0.779483,0.779483,0.761505,0.770689,
EXC,1984-06-29,0.770689,0.779483,0.761505,0.779483,
EXC,1984-07-02,0.779483,0.779483,0.761505,0.779483,
EXC,1984-07-03,0.779483,0.779483,0.761505,0.770689,
EXC,1984-07-05,0.770689,0.770689,0.748023,0.748023,
EXC,1984-07-06,0.748023,0.757012,0.748023,0.748023,
EXC,1984-07-09,0.748023,0.761505,0.748023,0.761505,
EXC,1984-07-10,0.757012,0.757012,0.738741,0.738741,
EXC,1984-07-11,0.738741,0.748023,0.738741,0.748023,
EXC,1984-07-12,0.748023,0.757012,0.729948,0.738741,
EXC,1984-07-13,0.738741,0.738741,0.706987,0.706987,
EXC,1984-07-16,0.706987,0.720567,0.698096,0.716171,
EXC,1984-07-17,0.716171,0.720567,0.706987,0.716171,
EXC,1984-07-18,0.716171,0.720567,0.698096,0.706987,
EXC,1984-07-19,0.698096,0.698096,0.561994,0.648169,
EXC,1984-07-20,0.648169,0.66175,0.639083,0.652761,
EXC,1984-07-23,0.652761,0.698096,0.652761,0.698096,
EXC,1984-07-24,0.698096,0.720567,0.689009,0.698096,
EXC,1984-07-25,0.698096,0.716171,0.698096,0.706987,
EXC,1984-07-26,0.706987,0.716171,0.698096,0.716171,
EXC,1984-07-27,0.716171,0.748023,0.716171,0.738741,
EXC,1984-07-30,0.738741,0.738741,0.720567,0.729948,
EXC,1984-07-31,0.729948,0.738741,0.720567,0.729948,
EXC,1984-08-01,0.729948,0.748023,0.729948,0.729948,
EXC,1984-08-02,0.729948,0.738741,0.729948,0.738741,
EXC,1984-08-03,0.738741,0.748023,0.720567,0.729948,
EXC,1984-08-06,0.729948,0.738741,0.706987,0.729948,
EXC,1984-08-07,0.729948,0.729948,0.720567,0.729948,
EXC,1984-08-08,0.729948,0.729948,0.720567,0.729948,
EXC,1984-08-09,0.729948,0.738741,0.716171,0.738741,
EXC,1984-08-10,0.738741,0.738741,0.720567,0.738741,
EXC,1984-08-13,0.738741,0.738741,0.729948,0.738741,
EXC,1984-08-14,0.738741,0.738741,0.729948,0.738741,
EXC,1984-08-15,0.738741,0.738741,0.68432,0.738741,
EXC,1984-08-16,0.743137,0.743137,0.725062,0.725062,
EXC,1984-08-17,0.725062,0.743137,0.725062,0.734149,
EXC,1984-08-20,0.734149,0.765805,0.734149,0.757012,
EXC,1984-08-21,0.765805,0.793455,0.765805,0.783879,
EXC,1984-08-22,0.783879,0.815927,0.775282,0.783879,
EXC,1984-08-23,0.783879,0.793455,0.765805,0.765805,
EXC,1984-08-24,0.765805,0.775282,0.765805,0.765805,
EXC,1984-08-27,0.765805,0.765805,0.75242,0.765805,
EXC,1984-08-28,0.765805,0.765805,0.75242,0.765805,
EXC,1984-08-29,0.765805,0.765805,0.75242,0.765805,
EXC,1984-08-30,0.765805,0.765805,0.75242,0.765805,
EXC,1984-08-31,0.765805,0.775282,0.757012,0.775282,
EXC,1984-09-04,0.775282,0.775282,0.765805,0.765805,
EXC,1984-09-05,0.765805,0.775282,0.757012,0.775282,
EXC,1984-09-06,0.775282,0.793455,0.765805,0.783879,
EXC,1984-09-07,0.783879,0.806841,0.783879,0.806841,
EXC,1984-09-10,0.806841,0.815927,0.793455,0.806841,
EXC,1984-09-11,0.820226,0.838497,0.820226,0.820226,
EXC,1984-09-12,0.820226,0.838497,0.820226,0.829606,
EXC,1984-09-13,0.829606,0.865659,0.820226,0.856767,
EXC,1984-09-14,0.856767,0.888326,0.847681,0.874744,
EXC,1984-09-17,0.874744,0.888326,0.874744,0.874744,
EXC,1984-09-18,0.874744,0.879533,0.856767,0.874744,
EXC,1984-09-19,0.874744,0.879533,0.865659,0.879533,
EXC,1984-09-20,0.879533,0.897705,0.874744,0.888326,
EXC,1984-09-21,0.888326,0.897705,0.874744,0.874744,
EXC,1984-09-24,0.874744,0.888326,0.865659,0.874744,
EXC,1984-09-25,0.874744,0.879533,0.856767,0.879533,
EXC,1984-09-26,0.879533,0.888326,0.874744,0.879533,
EXC,1984-09-27,0.879533,0.897705,0.847681,0.879533,
EXC,1984-09-28,0.879533,0.888326,0.865659,0.879533,
EXC,1984-10-01,0.879533,0.888326,0.856767,0.874744,
EXC,1984-10-02,0.874744,0.888326,0.856767,0.865659,
EXC,1984-10-03,0.865659,0.874744,0.838497,0.847681,
EXC,1984-10-04,0.847681,0.856767,0.847681,0.847681,
EXC,1984-10-05,0.856767,0.879533,0.847681,0.847681,
EXC,1984-10-08,0.856767,0.865659,0.847681,0.856767,
EXC,1984-10-09,0.865659,0.874744,0.856767,0.874744,
EXC,1984-10-10,0.874744,0.897705,0.865659,0.879533,
EXC,1984-10-11,0.879533,0.888326,0.874744,0.879533,
EXC,1984-10-12,0.888326,0.906597,0.879533,0.897705,
EXC,1984-10-15,0.906597,0.915781,0.897705,0.915781,
EXC,1984-10-16,0.915781,0.919884,0.906597,0.906597,
EXC,1984-10-17,0.915781,0.928971,0.906597,0.928971,
EXC,1984-10-18,0.919884,0.969812,0.879533,0.969812,
EXC,1984-10-19,0.978897,0.983489,0.95154,0.96092,
EXC,1984-10-22,0.96092,0.978897,0.928971,0.96092,
EXC,1984-10-23,0.95154,0.969812,0.928971,0.96092,
EXC,1984-10-24,0.95154,0.96092,0.942746,0.95154,
EXC,1984-10-25,0.96092,0.969812,0.942746,0.95154,
EXC,1984-10-26,0.942746,0.95154,0.938156,0.942746,
EXC,1984-10-29,0.942746,0.95154,0.938156,0.95154,
EXC,1984-10-30,0.95154,0.96092,0.942746,0.942746,
EXC,1984-10-31,0.96092,0.96092,0.942746,0.96092,
EXC,1984-11-01,0.95154,0.969812,0.95154,0.969812,
EXC,1984-11-02,0.969812,0.978897,0.96092,0.969812,
EXC,1984-11-05,0.969812,1.00166,0.969812,1.00166,
EXC,1984-11-06,1.01055,1.03811,1.01055,1.03811,
EXC,1984-11-07,1.01055,1.01993,0.997266,1.01055,
EXC,1984-11-08,1.00166,1.01993,0.96092,0.997266,
EXC,1984-11-09,1.01055,1.01993,1.00166,1.01055,
EXC,1984-11-12,1.01055,1.01055,1.00166,1.01055,
EXC,1984-11-13,1.00166,1.01055,0.997266,1.00166,
EXC,1984-11-14,1.00166,1.00166,0.969812,0.988079,
EXC,1984-11-15,0.988079,0.997266,0.978897,0.988079,
EXC,1984-11-16,0.988079,0.997266,0.969812,0.969812,
EXC,1984-11-19,0.969812,0.978897,0.95154,0.96092,
EXC,1984-11-20,0.96092,0.96092,0.897705,0.938156,
EXC,1984-11-21,0.942746,0.95154,0.938156,0.942746,
EXC,1984-11-23,0.96092,0.978897,0.95154,0.96092,
EXC,1984-11-26,0.969812,0.978897,0.96092,0.969812,
EXC,1984-11-27,0.969812,0.988079,0.942746,0.978897,
EXC,1984-11-28,0.988079,0.997266,0.978897,0.988079,
EXC,1984-11-29,0.988079,0.988079,0.969812,0.988079,
EXC,1984-11-30,0.988079,0.997266,0.978897,0.997266,
EXC,1984-12-03,0.988079,0.997266,0.95154,0.969812,
EXC,1984-12-04,0.96092,0.969812,0.95154,0.95154,
EXC,1984-12-05,0.96092,0.988079,0.95154,0.978897,
EXC,1984-12-06,0.978897,1.00166,0.96092,0.978897,
EXC,1984-12-07,0.997266,1.00166,0.978897,0.988079,
EXC,1984-12-10,0.988079,1.01055,0.978897,1.00166,
EXC,1984-12-11,1.00166,1.01993,0.997266,1.00166,
EXC,1984-12-12,1.00166,1.01055,0.997266,1.00166,
EXC,1984-12-13,1.00166,1.01055,0.997266,0.997266,
EXC,1984-12-14,1.00166,1.00166,0.997266,0.997266,
EXC,1984-12-17,0.988079,0.997266,0.988079,0.997266,
EXC,1984-12-18,1.00166,1.02883,0.997266,1.02883,
EXC,1984-12-19,1.02883,1.02883,0.95154,1.01055,
EXC,1984-12-20,1.01055,1.01993,1.00166,1.00166,
EXC,1984-12-21,1.00166,1.01993,0.997266,1.00166,
EXC,1984-12-24,1.01055,1.01055,0.988079,1.01055,
EXC,1984-12-26,1.00166,1.00166,0.988079,1.00166,
EXC,1984-12-27,1.00166,1.00166,0.997266,0.997266,
EXC,1984-12-28,0.997266,1.00166,0.988079,0.997266,
EXC,1984-12-31,1.00166,1.01055,0.969812,1.00166,
EXC,1985-01-02,1.00166,1.01055,0.997266,1.01055,
EXC,1985-01-03,1.01055,1.01055,0.997266,1.01055,
EXC,1985-01-04,0.997266,1.01055,0.988079,0.997266,
EXC,1985-01-07,1.00166,1.01993,0.997266,1.01055,
EXC,1985-01-08,0.997266,1.00166,0.978897,0.997266,
EXC,1985-01-09,0.988079,0.997266,0.988079,0.988079,
EXC,1985-01-10,0.997266,1.01055,0.988079,1.01055,
EXC,1985-01-11,1.00166,1.01055,0.997266,1.01055,
EXC,1985-01-14,1.01055,1.01993,1.00166,1.01993,
EXC,1985-01-15,1.02883,1.02883,1.01993,1.02883,
EXC,1985-01-16,1.02883,1.03811,1.01055,1.02883,
EXC,1985-01-17,1.02883,1.02883,1.01055,1.01993,
EXC,1985-01-18,1.01993,1.03811,1.01055,1.03811,
EXC,1985-01-21,1.02883,1.04689,1.01993,1.03811,
EXC,1985-01-22,1.02883,1.05608,1.02883,1.03811,
EXC,1985-01-23,1.03811,1.05608,1.02883,1.05608,
EXC,1985-01-24,1.04689,1.05608,1.03811,1.03811,
EXC,1985-01-25,1.04689,1.06526,1.03811,1.06526,
EXC,1985-01-28,1.05608,1.06526,1.05608,1.06526,
EXC,1985-01-29,1.05608,1.07435,1.05608,1.07435,
EXC,1985-01-30,1.07435,1.07865,1.06526,1.07865,
EXC,1985-01-31,1.07435,1.07865,1.06526,1.07865,
EXC,1985-02-01,1.07435,1.07865,1.01993,1.07435,
EXC,1985-02-04,1.07435,1.07865,1.07435,1.07435,
EXC,1985-02-05,1.07865,1.07865,1.07435,1.07865,
EXC,1985-02-06,1.07435,1.07865,1.04689,1.06526,
EXC,1985-02-07,1.07435,1.07865,1.06526,1.07435,
EXC,1985-02-08,1.07865,1.07865,1.07435,1.07865,
EXC,1985-02-11,1.07435,1.07865,1.05608,1.05608,
EXC,1985-02-12,1.07435,1.07435,1.05608,1.07435,
EXC,1985-02-13,1.07865,1.09702,1.07435,1.07865,
EXC,1985-02-14,1.08774,1.10592,1.02883,1.09702,
EXC,1985-02-15,1.08774,1.09702,1.07865,1.08774,
EXC,1985-02-19,1.08774,1.10592,1.01993,1.09702,
EXC,1985-02-20,1.08774,1.10592,1.08774,1.09702,
EXC,1985-02-21,1.09702,1.10592,1.08774,1.10592,
EXC,1985-02-22,1.08774,1.10592,1.08774,1.08774,
EXC,1985-02-25,1.08335,1.13307,1.04689,1.06526,
EXC,1985-02-26,1.06526,1.08335,1.06526,1.08335,
EXC,1985-02-27,1.07435,1.09233,1.07435,1.08335,
EXC,1985-02-28,1.08335,1.09233,1.07435,1.07435,
EXC,1985-03-01,1.07435,1.09233,1.07435,1.09233,
EXC,1985-03-04,1.08335,1.09233,1.07435,1.07435,
EXC,1985-03-05,1.08335,1.08335,1.06526,1.07435,
EXC,1985-03-06,1.07435,1.08335,1.05608,1.07435,
EXC,1985-03-07,1.06526,1.08335,1.05608,1.06526,
EXC,1985-03-08,1.06526,1.06526,1.05608,1.05608,
EXC,1985-03-11,1.06526,1.06526,1.04689,1.04689,
EXC,1985-03-12,1.05608,1.06526,1.04689,1.05608,
EXC,1985-03-13,1.06526,1.06526,1.04689,1.05608,
EXC,1985-03-14,1.05608,1.06526,1.05608,1.06526,
EXC,1985-03-15,1.05608,1.05608,1.04689,1.04689,
EXC,1985-03-18,1.04689,1.06526,1.04689,1.06526,
EXC,1985-03-19,1.05608,1.08335,1.04689,1.07435,
EXC,1985-03-20,1.07435,1.07435,1.05608,1.06526,
EXC,1985-03-21,1.06526,1.07435,1.05608,1.06526,
EXC,1985-03-22,1.07435,1.08335,1.05608,1.06526,
EXC,1985-03-25,1.07435,1.08335,1.05608,1.06526,
EXC,1985-03-26,1.06526,1.08335,1.06526,1.06526,
EXC,1985-03-27,1.06526,1.09233,1.06526,1.08335,
EXC,1985-03-28,1.07435,1.09233,1.05608,1.09233,
EXC,1985-03-29,1.08335,1.1103,1.07435,1.1103,
EXC,1985-04-01,1.1103,1.1103,1.07435,1.1103,
EXC,1985-04-02,1.10142,1.1193,1.10142,1.1103,
EXC,1985-04-03,1.10142,1.1103,1.09233,1.10142,
EXC,1985-04-04,1.10142,1.10142,1.08335,1.09233,
EXC,1985-04-08,1.09233,1.10142,1.07435,1.08335,
EXC,1985-04-09,1.07435,1.09233,1.07435,1.08335,
EXC,1985-04-10,1.08335,1.10142,1.04689,1.09233,
EXC,1985-04-11,1.09233,1.10142,1.08335,1.10142,
EXC,1985-04-12,1.10142,1.1103,1.09233,1.10142,
EXC,1985-04-15,1.10142,1.1103,1.07435,1.10142,
EXC,1985-04-16,1.1103,1.1103,1.06526,1.10142,
EXC,1985-04-17,1.1103,1.1193,1.10142,1.1103,
EXC,1985-04-18,1.1193,1.1193,1.09233,1.1103,
EXC,1985-04-19,1.1103,1.1193,1.10142,1.1193,
EXC,1985-04-22,1.1103,1.1193,1.05608,1.1103,
EXC,1985-04-23,1.10142,1.1193,1.10142,1.1193,
EXC,1985-04-24,1.1103,1.1193,1.10142,1.1103,
EXC,1985-04-25,1.1193,1.1193,1.10142,1.1103,
EXC,1985-04-26,1.1103,1.1103,1.10142,1.1103,
EXC,1985-04-29,1.10142,1.1103,1.05608,1.10142,
EXC,1985-04-30,1.10142,1.10142,1.08335,1.10142,
EXC,1985-05-01,1.10142,1.10142,1.08335,1.08335,
EXC,1985-05-02,1.08335,1.10142,1.08335,1.09233,
EXC,1985-05-03,1.09233,1.09233,1.07435,1.07435,
EXC,1985-05-06,1.08335,1.08335,1.06526,1.07435,
EXC,1985-05-07,1.07435,1.08335,1.06526,1.07435,
EXC,1985-05-08,1.07435,1.07435,1.05608,1.06526,
EXC,1985-05-09,1.07435,1.08335,1.06526,1.08335,
EXC,1985-05-10,1.07435,1.09233,1.07435,1.09233,
EXC,1985-05-13,1.09233,1.10142,1.08335,1.09233,
EXC,1985-05-14,1.10142,1.1103,1.09233,1.1103,
EXC,1985-05-15,1.1103,1.1193,1.10142,1.1103,
EXC,1985-05-16,1.12428,1.12428,1.10592,1.12428,
EXC,1985-05-17,1.12428,1.14235,1.115,1.14235,
EXC,1985-05-20,1.14235,1.15125,1.08774,1.14235,
EXC,1985-05-21,1.12428,1.13307,1.09702,1.115,
EXC,1985-05-22,1.10592,1.115,1.08774,1.10592,
EXC,1985-05-23,1.09702,1.10592,1.06067,1.06067,
EXC,1985-05-24,1.0425,1.06976,1.03331,1.06067,
EXC,1985-05-28,1.06067,1.06976,1.03331,1.0425,
EXC,1985-05-29,1.03331,1.0425,1.01534,1.03331,
EXC,1985-05-30,1.03331,1.0425,1.00616,1.01534,
EXC,1985-05-31,1.01534,1.06067,1.00616,1.0425,
EXC,1985-06-03,1.0425,1.06067,1.0425,1.06067,
EXC,1985-06-04,1.06976,1.08774,1.06067,1.08774,
EXC,1985-06-05,1.08774,1.10592,1.07865,1.08774,
EXC,1985-06-06,1.07865,1.08774,1.06976,1.06976,
EXC,1985-06-07,1.07865,1.08774,1.06976,1.08774,
EXC,1985-06-10,1.08774,1.08774,1.06976,1.08774,
EXC,1985-06-11,1.08774,1.08774,1.06976,1.08774,
EXC,1985-06-12,1.08774,1.08774,1.07865,1.07865,
EXC,1985-06-13,1.07865,1.15125,1.07865,1.08774,
EXC,1985-06-14,1.08774,1.08774,1.07865,1.07865,
EXC,1985-06-17,1.07865,1.10592,1.07865,1.09702,
EXC,1985-06-18,1.10592,1.14235,1.09702,1.14235,
EXC,1985-06-19,1.15125,1.16043,1.14235,1.14235,
EXC,1985-06-20,1.14235,1.16043,1.14235,1.14235,
EXC,1985-06-21,1.14235,1.16933,1.14235,1.16933,
EXC,1985-06-24,1.13307,1.16043,1.08774,1.115,
EXC,1985-06-25,1.10592,1.115,1.09702,1.09702,
EXC,1985-06-26,1.09702,1.10592,1.08774,1.09702,
EXC,1985-06-27,1.09702,1.12428,1.08774,1.10592,
EXC,1985-06-28,1.10592,1.115,1.09702,1.115,
EXC,1985-07-01,1.115,1.15125,1.10592,1.15125,
EXC,1985-07-02,1.15125,1.21935,1.15125,1.16043,
EXC,1985-07-03,1.16933,1.1788,1.16043,1.16933,
EXC,1985-07-05,1.16043,1.1788,1.16043,1.16933,
EXC,1985-07-08,1.1788,1.1874,1.16933,1.1874,
EXC,1985-07-09,1.1788,1.20107,1.16043,1.1788,
EXC,1985-07-10,1.1788,1.19199,1.1788,1.1874,
EXC,1985-07-11,1.1788,1.24622,1.16043,1.1788,
EXC,1985-07-12,1.16043,1.1874,1.16043,1.1874,
EXC,1985-07-15,1.1874,1.19199,1.115,1.1874,
EXC,1985-07-16,1.19199,1.19199,1.12428,1.13307,
EXC,1985-07-17,1.15125,1.16933,1.14235,1.15125,
EXC,1985-07-18,1.14235,1.16043,1.115,1.15125,
EXC,1985-07-19,1.15125,1.16043,1.14235,1.15125,
EXC,1985-07-22,1.15125,1.16043,1.14235,1.16043,
EXC,1985-07-23,1.16043,1.16933,1.14235,1.16043,
EXC,1985-07-24,1.15125,1.16043,1.12428,1.14235,
EXC,1985-07-25,1.15125,1.16043,1.14235,1.16043,
EXC,1985-07-26,1.15125,1.16043,1.14235,1.15125,
EXC,1985-07-29,1.14235,1.15125,1.12428,1.12428,
EXC,1985-07-30,1.12428,1.14235,1.12428,1.14235,
EXC,1985-07-31,1.14235,1.15125,1.12428,1.13307,
EXC,1985-08-01,1.13307,1.14235,1.12428,1.13307,
EXC,1985-08-02,1.13307,1.13307,1.12428,1.13307,
EXC,1985-08-05,1.13307,1.13307,1.12428,1.12428,
EXC,1985-08-06,1.12428,1.14235,1.12428,1.12428,
EXC,1985-08-07,1.13307,1.13307,1.12428,1.13307,
EXC,1985-08-08,1.13307,1.19199,1.12428,1.19199,
EXC,1985-08-09,1.19199,1.19199,1.1788,1.1874,
EXC,1985-08-12,1.1874,1.1874,1.15125,1.1788,
EXC,1985-08-13,1.1788,1.1788,1.16933,1.1788,
EXC,1985-08-14,1.1788,1.1874,1.16933,1.16933,
EXC,1985-08-15,1.16043,1.20107,1.16043,1.16043,
EXC,1985-08-16,1.15125,1.1788,1.14235,1.15125,
EXC,1985-08-19,1.13307,1.14235,1.12428,1.12428,
EXC,1985-08-20,1.12428,1.14235,1.115,1.14235,
EXC,1985-08-21,1.15125,1.16043,1.12428,1.16043,
EXC,1985-08-22,1.16043,1.16933,1.13307,1.15125,
EXC,1985-08-23,1.14235,1.15125,1.13307,1.14235,
EXC,1985-08-26,1.14235,1.14235,1.13307,1.14235,
EXC,1985-08-27,1.13307,1.14235,1.10592,1.12428,
EXC,1985-08-28,1.12428,1.12428,1.115,1.12428,
EXC,1985-08-29,1.12428,1.12428,1.115,1.12428,
EXC,1985-08-30,1.115,1.12428,1.10592,1.12428,
EXC,1985-09-03,1.12428,1.12428,1.10592,1.115,
EXC,1985-09-04,1.10592,1.115,1.08774,1.09702,
EXC,1985-09-05,1.09702,1.115,1.09702,1.10592,
EXC,1985-09-06,1.09702,1.10592,1.07865,1.08774,
EXC,1985-09-09,1.09702,1.16933,1.08774,1.09702,
EXC,1985-09-10,1.09702,1.10592,1.05608,1.07865,
EXC,1985-09-11,1.08774,1.10592,1.04689,1.06976,
EXC,1985-09-12,1.07865,1.08774,1.06976,1.06976,
EXC,1985-09-13,1.07865,1.08774,1.05608,1.06976,
EXC,1985-09-16,1.06976,1.07865,1.04689,1.04689,
EXC,1985-09-17,1.05608,1.06976,1.04689,1.06976,
EXC,1985-09-18,1.07865,1.08774,1.06976,1.08774,
EXC,1985-09-19,1.08774,1.09702,1.07865,1.09702,
EXC,1985-09-20,1.09702,1.10592,1.08774,1.08774,
EXC,1985-09-23,1.09702,1.10592,1.07865,1.10592,
EXC,1985-09-24,1.09702,1.115,1.08774,1.10592,
EXC,1985-09-25,1.09702,1.115,1.08774,1.08774,
EXC,1985-09-26,1.08774,1.08774,1.06976,1.07865,
EXC,1985-09-30,1.06976,1.07865,1.04689,1.04689,
EXC,1985-10-01,1.05608,1.08774,1.04689,1.07865,
EXC,1985-10-02,1.08774,1.08774,1.06976,1.06976,
EXC,1985-10-03,1.06976,1.09702,1.06976,1.07865,
EXC,1985-10-04,1.07865,1.08774,1.06976,1.08774,
EXC,1985-10-07,1.07865,1.08774,1.06976,1.06976,
EXC,1985-10-08,1.06976,1.08774,1.06976,1.07865,
EXC,1985-10-09,1.07865,1.08774,1.06976,1.07865,
EXC,1985-10-10,1.07865,1.07865,1.05608,1.06976,
EXC,1985-10-11,1.06976,1.06976,1.04689,1.05608,
EXC,1985-10-14,1.05608,1.06976,1.04689,1.06976,
EXC,1985-10-15,1.06976,1.07865,1.05608,1.06976,
EXC,1985-10-16,1.06976,1.07865,1.05608,1.07865,
EXC,1985-10-17,1.07865,1.14235,1.05608,1.13307,
EXC,1985-10-18,1.14235,1.16933,1.14235,1.14235,
EXC,1985-10-21,1.14235,1.16043,1.13307,1.14235,
EXC,1985-10-22,1.14235,1.14235,1.13307,1.13307,
EXC,1985-10-23,1.13307,1.16043,1.13307,1.14235,
EXC,1985-10-24,1.14235,1.15125,1.13307,1.13307,
EXC,1985-10-25,1.14235,1.14235,1.12428,1.14235,
EXC,1985-10-28,1.14235,1.16933,1.13307,1.16043,
EXC,1985-10-29,1.16043,1.16043,1.14235,1.15125,
EXC,1985-10-30,1.16043,1.1874,1.16043,1.1874,
EXC,1985-10-31,1.1874,1.1874,1.16043,1.1788,
EXC,1985-11-01,1.1788,1.1874,1.16933,1.1874,
EXC,1985-11-04,1.1874,1.1874,1.16043,1.1788,
EXC,1985-11-05,1.16933,1.1788,1.16043,1.1788,
EXC,1985-11-06,1.15573,1.1874,1.15573,1.15573,
EXC,1985-11-07,1.16492,1.1874,1.15573,1.1874,
EXC,1985-11-08,1.1788,1.19199,1.16492,1.1874,
EXC,1985-11-11,1.1788,1.20577,1.1788,1.1788,
EXC,1985-11-12,1.20577,1.21466,1.1874,1.21466,
EXC,1985-11-13,1.21466,1.22374,1.19199,1.22374,
EXC,1985-11-14,1.21466,1.22374,1.20577,1.22374,
EXC,1985-11-15,1.22374,1.22374,1.20577,1.21466,
EXC,1985-11-18,1.21466,1.23292,1.19199,1.21466,
EXC,1985-11-19,1.21466,1.23292,1.20577,1.21466,
EXC,1985-11-20,1.22374,1.22374,1.21466,1.22374,
EXC,1985-11-21,1.22374,1.22374,1.21466,1.22374,
EXC,1985-11-22,1.22374,1.22374,1.21466,1.22374,
EXC,1985-11-25,1.21466,1.22374,1.21466,1.22374,
EXC,1985-11-26,1.22374,1.22374,1.20577,1.21466,
EXC,1985-11-27,1.21466,1.22374,1.20577,1.22374,
EXC,1985-11-29,1.22374,1.22374,1.21466,1.22374,
EXC,1985-12-02,1.22374,1.22374,1.20577,1.20577,
EXC,1985-12-03,1.20577,1.23292,1.20577,1.21466,
EXC,1985-12-04,1.21466,1.24622,1.21466,1.23292,
EXC,1985-12-05,1.23292,1.30113,1.16492,1.26477,
EXC,1985-12-06,1.2555,1.27378,1.2555,1.26477,
EXC,1985-12-09,1.2555,1.27378,1.2555,1.27378,
EXC,1985-12-10,1.27378,1.28296,1.26477,1.28296,
EXC,1985-12-11,1.28296,1.29194,1.27378,1.29194,
EXC,1985-12-12,1.29194,1.30113,1.28296,1.28296,
EXC,1985-12-13,1.28296,1.30113,1.28296,1.30113,
EXC,1985-12-16,1.29194,1.32359,1.28296,1.32359,
EXC,1985-12-17,1.32359,1.35985,1.31421,1.34177,
EXC,1985-12-18,1.34177,1.36884,1.34177,1.35985,
EXC,1985-12-19,1.35985,1.36884,1.34177,1.35985,
EXC,1985-12-20,1.35985,1.36884,1.35086,1.35985,
EXC,1985-12-23,1.35985,1.36884,1.34177,1.35985,
EXC,1985-12-24,1.35985,1.35985,1.34177,1.35086,
EXC,1985-12-26,1.35086,1.35985,1.34177,1.34177,
EXC,1985-12-27,1.33258,1.34177,1.32359,1.34177,
EXC,1985-12-30,1.33258,1.34177,1.32359,1.32359,
EXC,1985-12-31,1.33258,1.35985,1.32359,1.35086,
EXC,1986-01-02,1.35086,1.35086,1.33258,1.34177,
EXC,1986-01-03,1.33258,1.35985,1.33258,1.35985,
EXC,1986-01-06,1.35985,1.35985,1.34177,1.35086,
EXC,1986-01-07,1.35985,1.37792,1.35086,1.37792,
EXC,1986-01-08,1.37792,1.38701,1.35985,1.35985,
EXC,1986-01-09,1.34177,1.35086,1.31421,1.32359,
EXC,1986-01-10,1.32359,1.34177,1.32359,1.33258,
EXC,1986-01-13,1.35086,1.35086,1.32359,1.34177,
EXC,1986-01-14,1.35086,1.35985,1.33258,1.35086,
EXC,1986-01-15,1.35086,1.35985,1.33258,1.35985,
EXC,1986-01-16,1.35086,1.37792,1.35086,1.37792,
EXC,1986-01-17,1.37792,1.41856,1.36884,1.38701,
EXC,1986-01-20,1.396,1.396,1.37792,1.396,
EXC,1986-01-21,1.396,1.41856,1.37792,1.37792,
EXC,1986-01-22,1.37792,1.38701,1.37792,1.37792,
EXC,1986-01-23,1.37792,1.40967,1.37792,1.40967,
EXC,1986-01-24,1.40967,1.42775,1.396,1.41856,
EXC,1986-01-27,1.42775,1.45482,1.40967,1.43693,
EXC,1986-01-28,1.43693,1.45482,1.43693,1.44621,
EXC,1986-01-29,1.45482,1.51852,1.44621,1.48667,
EXC,1986-01-30,1.49575,1.51852,1.46419,1.46419,
EXC,1986-01-31,1.45482,1.50484,1.45482,1.47739,
EXC,1986-02-03,1.48667,1.50484,1.47739,1.49575,
EXC,1986-02-04,1.51852,1.5275,1.49575,1.51852,
EXC,1986-02-05,1.5275,1.532,1.50484,1.5275,
EXC,1986-02-06,1.51852,1.532,1.50484,1.5275,
EXC,1986-02-07,1.5275,1.5275,1.47739,1.48667,
EXC,1986-02-10,1.48667,1.51852,1.47739,1.51852,
EXC,1986-02-11,1.49575,1.5275,1.49575,1.50484,
EXC,1986-02-12,1.51852,1.54558,1.50484,1.5275,
EXC,1986-02-13,1.51852,1.5275,1.50484,1.51852,
EXC,1986-02-14,1.51852,1.54558,1.50484,1.54558,
EXC,1986-02-18,1.54558,1.57294,1.532,1.56366,
EXC,1986-02-19,1.56366,1.59521,1.55486,1.55486,
EXC,1986-02-20,1.55486,1.56366,1.54558,1.56366,
EXC,1986-02-21,1.56366,1.57294,1.55486,1.56366,
EXC,1986-02-24,1.55916,1.56825,1.541,1.55916,
EXC,1986-02-25,1.55008,1.55008,1.51852,1.541,
EXC,1986-02-26,1.5275,1.541,1.50942,1.50942,
EXC,1986-02-27,1.51852,1.55008,1.51852,1.541,
EXC,1986-02-28,1.55916,1.58643,1.55008,1.55008,
EXC,1986-03-03,1.5275,1.55008,1.51852,1.5275,
EXC,1986-03-04,1.5275,1.55916,1.5275,1.541,
EXC,1986-03-05,1.541,1.541,1.50942,1.51852,
EXC,1986-03-06,1.5275,1.541,1.51852,1.541,
EXC,1986-03-07,1.5275,1.55008,1.50942,1.51852,
EXC,1986-03-10,1.51852,1.5275,1.45482,1.50024,
EXC,1986-03-11,1.50942,1.541,1.50024,1.5275,
EXC,1986-03-12,1.541,1.56825,1.5275,1.55008,
EXC,1986-03-13,1.541,1.55916,1.541,1.55008,
EXC,1986-03-14,1.55008,1.57743,1.541,1.57743,
EXC,1986-03-17,1.55916,1.57743,1.5275,1.55916,
EXC,1986-03-18,1.55008,1.56825,1.46869,1.55008,
EXC,1986-03-19,1.55916,1.64075,1.541,1.55008,
EXC,1986-03-20,1.55008,1.55008,1.5275,1.541,
EXC,1986-03-21,1.541,1.55916,1.5275,1.5275,
EXC,1986-03-24,1.5275,1.55916,1.51852,1.55008,
EXC,1986-03-25,1.55008,1.57743,1.541,1.57743,
EXC,1986-03-26,1.57743,1.58643,1.51852,1.57743,
EXC,1986-03-27,1.57743,1.60919,1.57743,1.58643,
EXC,1986-03-31,1.59521,1.61799,1.58643,1.60919,
EXC,1986-04-01,1.61799,1.61799,1.58643,1.59521,
EXC,1986-04-02,1.59521,1.59521,1.57743,1.57743,
EXC,1986-04-03,1.58643,1.59521,1.5275,1.56825,
EXC,1986-04-04,1.56825,1.57743,1.5275,1.55008,
EXC,1986-04-07,1.5275,1.541,1.50942,1.51852,
EXC,1986-04-08,1.5275,1.56825,1.51852,1.56825,
EXC,1986-04-09,1.58643,1.59521,1.56825,1.57743,
EXC,1986-04-10,1.57743,1.59521,1.56825,1.58643,
EXC,1986-04-11,1.58643,1.59521,1.55916,1.58643,
EXC,1986-04-14,1.56825,1.58643,1.56825,1.58643,
EXC,1986-04-15,1.58643,1.59521,1.56825,1.59521,
EXC,1986-04-16,1.58643,1.59521,1.58643,1.59521,
EXC,1986-04-17,1.59521,1.59521,1.56825,1.57743,
EXC,1986-04-18,1.57743,1.57743,1.55008,1.55916,
EXC,1986-04-21,1.55008,1.55916,1.45482,1.50942,
EXC,1986-04-22,1.50942,1.50942,1.396,1.43693,
EXC,1986-04-23,1.42775,1.50024,1.38701,1.41856,
EXC,1986-04-24,1.43693,1.46869,1.41856,1.45482,
EXC,1986-04-25,1.45482,1.45482,1.42775,1.45482,
EXC,1986-04-28,1.45482,1.45482,1.42775,1.43693,
EXC,1986-04-29,1.43693,1.43693,1.38701,1.41856,
EXC,1986-04-30,1.41856,1.42775,1.37792,1.396,
EXC,1986-05-01,1.396,1.43693,1.38701,1.42775,
EXC,1986-05-02,1.42775,1.46869,1.41856,1.45482,
EXC,1986-05-05,1.45482,1.46869,1.42775,1.45482,
EXC,1986-05-06,1.44621,1.45482,1.41856,1.42775,
EXC,1986-05-07,1.41856,1.41856,1.38701,1.41856,
EXC,1986-05-08,1.42775,1.44621,1.41856,1.43693,
EXC,1986-05-09,1.43693,1.43693,1.40488,1.41856,
EXC,1986-05-12,1.41856,1.44621,1.41856,1.43693,
EXC,1986-05-13,1.43693,1.43693,1.41856,1.43693,
EXC,1986-05-14,1.43693,1.50942,1.42775,1.45482,
EXC,1986-05-15,1.44114,1.46419,1.43225,1.44114,
EXC,1986-05-16,1.44114,1.45482,1.43225,1.45482,
EXC,1986-05-19,1.46419,1.47299,1.45482,1.46419,
EXC,1986-05-20,1.45482,1.46419,1.43225,1.45482,
EXC,1986-05-21,1.45482,1.45482,1.44114,1.44114,
EXC,1986-05-22,1.45482,1.46419,1.44114,1.45482,
EXC,1986-05-23,1.45482,1.47299,1.45482,1.45482,
EXC,1986-05-27,1.45482,1.46419,1.41856,1.44114,
EXC,1986-05-28,1.44114,1.46419,1.44114,1.45482,
EXC,1986-05-29,1.45482,1.45482,1.44114,1.44114,
EXC,1986-05-30,1.45482,1.46419,1.44114,1.44114,
EXC,1986-06-02,1.45482,1.45482,1.43225,1.43225,
EXC,1986-06-03,1.43225,1.44114,1.41856,1.43225,
EXC,1986-06-04,1.43225,1.47299,1.41427,1.41856,
EXC,1986-06-05,1.41856,1.54558,1.41427,1.54558,
EXC,1986-06-06,1.532,1.54558,1.51382,1.532,
EXC,1986-06-09,1.532,1.532,1.49116,1.50024,
EXC,1986-06-10,1.50024,1.51382,1.47299,1.48217,
EXC,1986-06-11,1.47299,1.48217,1.45482,1.46419,
EXC,1986-06-12,1.46419,1.55486,1.45482,1.51382,
EXC,1986-06-13,1.532,1.57743,1.532,1.56825,
EXC,1986-06-16,1.56825,1.58643,1.55486,1.57743,
EXC,1986-06-17,1.57743,1.61358,1.56825,1.60439,
EXC,1986-06-18,1.60439,1.60439,1.57743,1.59521,
EXC,1986-06-19,1.59521,1.60439,1.57743,1.59521,
EXC,1986-06-20,1.60439,1.60439,1.58643,1.60439,
EXC,1986-06-23,1.58643,1.60439,1.58643,1.58643,
EXC,1986-06-24,1.58643,1.61358,1.58643,1.60439,
EXC,1986-06-25,1.60439,1.62726,1.59521,1.62726,
EXC,1986-06-26,1.61358,1.65912,1.60439,1.65912,
EXC,1986-06-27,1.64534,1.68148,1.63625,1.68148,
EXC,1986-06-30,1.668,1.668,1.63625,1.668,
EXC,1986-07-01,1.65912,1.668,1.63625,1.64534,
EXC,1986-07-02,1.64534,1.668,1.64534,1.668,
EXC,1986-07-03,1.668,1.68148,1.65912,1.668,
EXC,1986-07-07,1.65912,1.68148,1.63625,1.64534,
EXC,1986-07-08,1.64534,1.65912,1.63625,1.64534,
EXC,1986-07-09,1.65912,1.70895,1.64534,1.70895,
EXC,1986-07-10,1.70895,1.70895,1.68148,1.70895,
EXC,1986-07-11,1.72683,1.78114,1.70895,1.78114,
EXC,1986-07-14,1.78114,1.80391,1.69985,1.80391,
EXC,1986-07-15,1.78114,1.80391,1.77235,1.79502,
EXC,1986-07-16,1.78114,1.79502,1.77235,1.78114,
EXC,1986-07-17,1.78114,1.80391,1.78114,1.78114,
EXC,1986-07-18,1.78114,1.79502,1.77235,1.78114,
EXC,1986-07-21,1.78114,1.80391,1.77235,1.78114,
EXC,1986-07-22,1.78114,1.82227,1.78114,1.80391,
EXC,1986-07-23,1.81309,1.85403,1.80391,1.85403,
EXC,1986-07-24,1.85403,1.86273,1.82227,1.84485,
EXC,1986-07-25,1.84485,1.88559,1.83118,1.86273,
EXC,1986-07-28,1.86273,1.88559,1.78114,1.85403,
EXC,1986-07-29,1.84485,1.85403,1.83118,1.84485,
EXC,1986-07-30,1.85403,1.87191,1.84485,1.86273,
EXC,1986-07-31,1.87191,1.89458,1.85403,1.87191,
EXC,1986-08-01,1.88559,1.89458,1.86273,1.87191,
EXC,1986-08-04,1.86273,1.88559,1.84485,1.88559,
EXC,1986-08-05,1.88559,1.88559,1.86273,1.87191,
EXC,1986-08-06,1.86273,1.88559,1.86273,1.87191,
EXC,1986-08-07,1.85403,1.87191,1.85403,1.87191,
EXC,1986-08-08,1.86273,1.87191,1.85403,1.86273,
EXC,1986-08-11,1.87191,1.89458,1.86273,1.89458,
EXC,1986-08-12,1.88559,1.89458,1.87191,1.88559,
EXC,1986-08-13,1.88559,1.92653,1.88559,1.90807,
EXC,1986-08-14,1.90807,1.90807,1.89458,1.90807,
EXC,1986-08-15,1.89458,1.90807,1.88559,1.90807,
EXC,1986-08-18,1.89458,1.91266,1.88559,1.91266,
EXC,1986-08-19,1.92653,1.95828,1.91266,1.94441,
EXC,1986-08-20,1.94441,2.07152,1.93552,1.96717,
EXC,1986-08-21,1.97147,1.98065,1.94012,1.97147,
EXC,1986-08-22,1.96248,1.97147,1.949,1.97147,
EXC,1986-08-25,1.97147,1.97147,1.94012,1.949,
EXC,1986-08-26,1.949,1.98065,1.94012,1.97147,
EXC,1986-08-27,1.97147,1.98065,1.949,1.97147,
EXC,1986-08-28,1.97147,1.98983,1.96248,1.98983,
EXC,1986-08-29,1.98065,1.98983,1.96248,1.97147,
EXC,1986-09-02,1.97147,1.98065,1.91715,1.94012,
EXC,1986-09-03,1.92653,1.94012,1.91715,1.92653,
EXC,1986-09-04,1.92653,2.00342,1.89458,1.91715,
EXC,1986-09-05,1.91715,1.91715,1.83118,1.84485,
EXC,1986-09-08,1.83118,1.84485,1.78114,1.82648,
EXC,1986-09-09,1.83118,1.89008,1.82648,1.87661,
EXC,1986-09-10,1.89008,1.97147,1.86741,1.89008,
EXC,1986-09-11,1.89008,1.89008,1.81309,1.82648,
EXC,1986-09-12,1.82648,1.84485,1.76747,1.78114,
EXC,1986-09-15,1.78114,1.80391,1.75857,1.79502,
EXC,1986-09-16,1.79502,1.80391,1.70895,1.80391,
EXC,1986-09-17,1.81309,1.82648,1.78114,1.82648,
EXC,1986-09-18,1.81309,1.84485,1.80391,1.81309,
EXC,1986-09-19,1.81309,1.81309,1.79502,1.81309,
EXC,1986-09-22,1.81309,1.81309,1.70895,1.80391,
EXC,1986-09-23,1.81309,1.83118,1.81309,1.83118,
EXC,1986-09-24,1.84485,1.87661,1.83118,1.86741,
EXC,1986-09-25,1.86741,1.87661,1.81309,1.84485,
EXC,1986-09-26,1.83118,1.84485,1.82648,1.84485,
EXC,1986-09-29,1.82648,1.83118,1.80391,1.82648,
EXC,1986-09-30,1.82648,1.84485,1.81309,1.82648,
EXC,1986-10-01,1.82648,1.84485,1.82648,1.83118,
EXC,1986-10-02,1.83118,1.84485,1.82648,1.83118,
EXC,1986-10-03,1.83118,1.84485,1.82648,1.84485,
EXC,1986-10-06,1.83118,1.84485,1.82648,1.84485,
EXC,1986-10-07,1.84485,1.84485,1.83118,1.84485,
EXC,1986-10-08,1.84485,1.85403,1.83118,1.84485,
EXC,1986-10-09,1.83118,1.84485,1.83118,1.84485,
EXC,1986-10-10,1.84485,1.84485,1.82648,1.84485,
EXC,1986-10-13,1.83118,1.84485,1.82648,1.84485,
EXC,1986-10-14,1.83118,1.84485,1.82648,1.84485,
EXC,1986-10-15,1.84485,1.86741,1.83118,1.86741,
EXC,1986-10-16,1.86741,1.86741,1.85403,1.85403,
EXC,1986-10-17,1.85403,1.86741,1.84485,1.86741,
EXC,1986-10-20,1.86741,1.86741,1.84485,1.85403,
EXC,1986-10-21,1.85403,1.86741,1.84485,1.85403,
EXC,1986-10-22,1.84485,1.86741,1.84485,1.85403,
EXC,1986-10-23,1.84485,1.89008,1.84485,1.87661,
EXC,1986-10-24,1.86741,1.97147,1.86741,1.89458,
EXC,1986-10-27,1.89008,1.91715,1.87661,1.91715,
EXC,1986-10-28,1.91715,1.949,1.90807,1.94012,
EXC,1986-10-29,1.949,1.98065,1.94012,1.97147,
EXC,1986-10-30,2.00342,2.01251,1.98983,2.01251,
EXC,1986-10-31,2.00342,2.01251,1.98065,2.01251,
EXC,1986-11-03,2.01251,2.03527,2.00342,2.03527,
EXC,1986-11-04,2.0216,2.03527,1.98983,2.00342,
EXC,1986-11-05,1.99883,2.00792,1.97636,1.99883,
EXC,1986-11-06,1.98545,1.99883,1.96248,1.98545,
EXC,1986-11-07,1.97636,2.00792,1.97636,1.98545,
EXC,1986-11-10,1.98545,1.99883,1.97636,1.99883,
EXC,1986-11-11,1.99883,2.00792,1.97636,1.98545,
EXC,1986-11-12,1.98545,2.00792,1.97636,1.99883,
EXC,1986-11-13,1.98545,1.99883,1.97636,1.98545,
EXC,1986-11-14,1.98545,1.98545,1.96248,1.98545,
EXC,1986-11-17,1.98545,1.99883,1.96248,1.98545,
EXC,1986-11-18,1.98545,1.99883,1.9537,1.97636,
EXC,1986-11-19,1.9537,1.98545,1.9537,1.97636,
EXC,1986-11-20,1.97636,1.98545,1.96248,1.97636,
EXC,1986-11-21,1.97636,2.00792,1.96248,2.00792,
EXC,1986-11-24,1.99883,2.02589,1.99883,2.02589,
EXC,1986-11-25,2.02589,2.02589,2.00792,2.02589,
EXC,1986-11-26,2.00792,2.02589,1.99883,2.01691,
EXC,1986-11-28,2.02589,2.05335,2.00792,2.02589,
EXC,1986-12-01,2.03967,2.03967,1.98545,2.02589,
EXC,1986-12-02,2.02589,2.05335,2.01691,2.03967,
EXC,1986-12-03,2.03967,2.05335,2.01691,2.03967,
EXC,1986-12-04,2.02589,2.03967,2.00792,2.00792,
EXC,1986-12-05,2.02589,2.02589,1.99883,2.00792,
EXC,1986-12-08,2.01691,2.02589,1.99883,2.01691,
EXC,1986-12-09,2.01691,2.02589,1.99883,2.01691,
EXC,1986-12-10,2.01691,2.02589,2.00792,2.00792,
EXC,1986-12-11,2.01691,2.01691,1.99883,2.00792,
EXC,1986-12-12,2.00792,2.00792,1.97636,1.98545,
EXC,1986-12-15,1.97636,1.98545,1.94441,1.98545,
EXC,1986-12-16,1.98545,2.01691,1.98545,2.00792,
EXC,1986-12-17,2.00792,2.00792,1.97636,1.98545,
EXC,1986-12-18,1.98545,1.99883,1.96248,1.98545,
EXC,1986-12-19,1.98545,2.00792,1.96248,1.99883,
EXC,1986-12-22,1.97636,1.98545,1.96248,1.98545,
EXC,1986-12-23,1.98545,2.00792,1.9537,1.97636,
EXC,1986-12-24,1.9537,1.97636,1.9537,1.97636,
EXC,1986-12-26,1.97636,1.99883,1.9537,1.97636,
EXC,1986-12-29,1.96248,1.97636,1.94441,1.97636,
EXC,1986-12-30,1.96248,2.03967,1.94441,1.9537,
EXC,1986-12-31,1.96248,1.96248,1.93073,1.9537,
EXC,1987-01-02,1.9537,1.98545,1.94441,1.98545,
EXC,1987-01-05,1.99883,2.03967,1.98545,2.03967,
EXC,1987-01-06,2.03967,2.05784,2.02589,2.03967,
EXC,1987-01-07,2.03967,2.07152,2.03967,2.07152,
EXC,1987-01-08,2.07152,2.094,2.05335,2.094,
EXC,1987-01-09,2.08041,2.094,2.07152,2.094,
EXC,1987-01-12,2.094,2.13493,2.08041,2.11696,
EXC,1987-01-13,2.11696,2.12585,2.094,2.11696,
EXC,1987-01-14,2.11696,2.12585,2.07152,2.11696,
EXC,1987-01-15,2.11696,2.12585,2.094,2.10327,
EXC,1987-01-16,2.11696,2.12585,2.10327,2.12585,
EXC,1987-01-19,2.10327,2.13493,2.094,2.13493,
EXC,1987-01-20,2.13493,2.18926,2.13493,2.18036,
EXC,1987-01-21,2.17128,2.20284,2.14841,2.17128,
EXC,1987-01-22,2.17128,2.18926,2.14841,2.18926,
EXC,1987-01-23,2.20284,2.24387,2.1574,2.18036,
EXC,1987-01-26,2.17128,2.18926,2.01691,2.13493,
EXC,1987-01-27,2.13493,2.18036,2.12585,2.17128,
EXC,1987-01-28,2.18036,2.2256,2.14841,2.17128,
EXC,1987-01-29,2.18036,2.18036,2.14841,2.17128,
EXC,1987-01-30,2.18036,2.18036,2.14841,2.1574,
EXC,1987-02-02,2.17128,2.18926,2.14841,2.18926,
EXC,1987-02-03,2.17128,2.18036,2.14841,2.17128,
EXC,1987-02-04,2.1574,2.17128,2.1574,2.17128,
EXC,1987-02-05,2.17128,2.20284,2.17128,2.18036,
EXC,1987-02-06,2.18926,2.21212,2.18036,2.21212,
EXC,1987-02-09,2.18926,2.20284,2.18036,2.18926,
EXC,1987-02-10,2.18036,2.18036,2.1574,2.18036,
EXC,1987-02-11,2.18036,2.18036,2.1574,2.18036,
EXC,1987-02-12,2.18036,2.18036,2.13493,2.14841,
EXC,1987-02-13,2.13493,2.18036,2.11696,2.1574,
EXC,1987-02-17,2.17128,2.18926,2.1574,2.18036,
EXC,1987-02-18,2.18036,2.18926,2.1574,2.18036,
EXC,1987-02-19,2.18926,2.18926,2.14841,2.17128,
EXC,1987-02-20,2.18036,2.18036,2.11696,2.17128,
EXC,1987-02-23,2.13923,2.15301,2.094,2.13923,
EXC,1987-02-24,2.15301,2.15301,2.10778,2.11696,
EXC,1987-02-25,2.11696,2.11696,2.07582,2.094,
EXC,1987-02-26,2.085,2.085,2.0216,2.07582,
EXC,1987-02-27,2.06224,2.07582,2.05335,2.07582,
EXC,1987-03-02,2.085,2.085,2.03029,2.05335,
EXC,1987-03-03,2.05335,2.06224,2.03967,2.05335,
EXC,1987-03-04,2.05335,2.06224,2.03967,2.05335,
EXC,1987-03-05,2.05335,2.05335,2.03029,2.05335,
EXC,1987-03-06,2.03967,2.05335,2.0216,2.03029,
EXC,1987-03-09,2.03029,2.03967,2.00792,2.03029,
EXC,1987-03-10,2.00792,2.03029,2.00792,2.0216,
EXC,1987-03-11,2.0216,2.0216,1.98545,2.00792,
EXC,1987-03-12,1.99883,2.0216,1.98545,2.00792,
EXC,1987-03-13,2.00792,2.0216,1.99883,2.00792,
EXC,1987-03-16,2.0216,2.0216,1.99883,2.00792,
EXC,1987-03-17,2.00792,2.0216,1.98545,2.0216,
EXC,1987-03-18,2.0216,2.03029,1.99883,2.0216,
EXC,1987-03-19,2.00792,2.0216,2.00792,2.0216,
EXC,1987-03-20,2.0216,2.03029,2.00792,2.03029,
EXC,1987-03-23,2.0216,2.05335,2.0216,2.03967,
EXC,1987-03-24,2.03029,2.06224,2.03029,2.05335,
EXC,1987-03-25,2.06224,2.094,2.05335,2.07582,
EXC,1987-03-26,2.07582,2.094,2.05335,2.06224,
EXC,1987-03-27,2.06224,2.06224,2.0216,2.03029,
EXC,1987-03-30,2.0216,2.03029,1.98545,1.99883,
EXC,1987-03-31,1.99883,2.00792,1.83118,1.93073,
EXC,1987-04-01,1.85403,1.94441,1.84485,1.93073,
EXC,1987-04-02,1.93073,1.98545,1.92185,1.96248,
EXC,1987-04-03,1.96248,1.97636,1.93073,1.96248,
EXC,1987-04-06,1.9537,1.96248,1.89458,1.9537,
EXC,1987-04-07,1.89458,1.90807,1.87661,1.87661,
EXC,1987-04-08,1.87661,1.92185,1.86741,1.90807,
EXC,1987-04-09,1.89458,1.96248,1.85403,1.87661,
EXC,1987-04-10,1.85403,1.86741,1.81778,1.84485,
EXC,1987-04-13,1.84485,1.86741,1.80831,1.80831,
EXC,1987-04-14,1.80831,1.80831,1.69067,1.71783,
EXC,1987-04-15,1.75428,1.80831,1.75428,1.80831,
EXC,1987-04-16,1.80831,1.89458,1.79502,1.87661,
EXC,1987-04-20,1.89458,1.90807,1.86741,1.87661,
EXC,1987-04-21,1.85403,1.89458,1.80831,1.89458,
EXC,1987-04-22,1.88559,1.89458,1.83118,1.83118,
EXC,1987-04-23,1.84485,1.88559,1.83118,1.87661,
EXC,1987-04-24,1.84485,1.85403,1.80831,1.81778,
EXC,1987-04-27,1.80831,1.83118,1.77694,1.80831,
EXC,1987-04-28,1.80831,1.81778,1.79502,1.81778,
EXC,1987-04-29,1.83118,1.85403,1.83118,1.85403,
EXC,1987-04-30,1.85403,1.85403,1.83118,1.84485,
EXC,1987-05-01,1.84485,1.84485,1.80831,1.83118,
EXC,1987-05-04,1.83118,1.85403,1.81778,1.85403,
EXC,1987-05-05,1.85403,1.93073,1.85403,1.90807,
EXC,1987-05-06,1.92185,1.9537,1.90807,1.94441,
EXC,1987-05-07,1.93073,1.94441,1.92185,1.92185,
EXC,1987-05-08,1.93073,2.00792,1.89458,1.89458,
EXC,1987-05-11,1.90807,1.94441,1.89458,1.92185,
EXC,1987-05-12,1.93073,1.93073,1.90807,1.93073,
EXC,1987-05-13,1.92185,1.93073,1.90807,1.92185,
EXC,1987-05-14,1.87661,1.90386,1.86741,1.87661,
EXC,1987-05-15,1.86741,1.86741,1.82227,1.83118,
EXC,1987-05-18,1.82227,1.84485,1.81309,1.84485,
EXC,1987-05-19,1.84485,1.85403,1.81309,1.81309,
EXC,1987-05-20,1.81309,1.84485,1.81309,1.83118,
EXC,1987-05-21,1.82227,1.83118,1.79942,1.81309,
EXC,1987-05-22,1.81309,1.82227,1.79942,1.82227,
EXC,1987-05-26,1.82227,1.86741,1.81309,1.84485,
EXC,1987-05-27,1.86741,1.86741,1.81309,1.82227,
EXC,1987-05-28,1.82227,1.83118,1.79942,1.83118,
EXC,1987-05-29,1.82227,1.83118,1.81309,1.82227,
EXC,1987-06-01,1.84485,1.85403,1.81309,1.82227,
EXC,1987-06-02,1.84485,1.84485,1.81309,1.83118,
EXC,1987-06-03,1.83118,1.85403,1.82227,1.85403,
EXC,1987-06-04,1.85403,1.86741,1.84485,1.86741,
EXC,1987-06-05,1.85403,1.89008,1.85403,1.86741,
EXC,1987-06-08,1.85403,1.89008,1.84485,1.89008,
EXC,1987-06-09,1.89008,1.89008,1.85403,1.85403,
EXC,1987-06-10,1.87661,1.89008,1.85403,1.87661,
EXC,1987-06-11,1.86741,1.87661,1.84485,1.85403,
EXC,1987-06-12,1.87661,1.93552,1.86741,1.93552,
EXC,1987-06-15,1.93552,1.94441,1.92653,1.93552,
EXC,1987-06-16,1.93552,1.93552,1.92653,1.93552,
EXC,1987-06-17,1.93552,1.93552,1.91266,1.92653,
EXC,1987-06-18,1.93552,1.93552,1.91266,1.93552,
EXC,1987-06-19,1.93552,1.94441,1.92653,1.93552,
EXC,1987-06-22,1.93552,1.98065,1.91266,1.96717,
EXC,1987-06-23,1.95828,1.98065,1.94441,1.96717,
EXC,1987-06-24,1.96717,1.98065,1.94441,1.95828,
EXC,1987-06-25,1.95828,1.96717,1.93552,1.95828,
EXC,1987-06-26,1.95828,1.95828,1.93552,1.94441,
EXC,1987-06-29,1.93552,1.95828,1.90386,1.94441,
EXC,1987-06-30,1.95828,1.95828,1.91266,1.91266,
EXC,1987-07-01,1.93552,1.95828,1.91266,1.93552,
EXC,1987-07-02,1.95828,1.96717,1.92653,1.95828,
EXC,1987-07-06,1.95828,1.95828,1.93552,1.93552,
EXC,1987-07-07,1.94441,1.96717,1.93552,1.96717,
EXC,1987-07-08,1.95828,1.96717,1.94441,1.95828,
EXC,1987-07-09,1.95828,1.96717,1.94441,1.95828,
EXC,1987-07-10,1.95828,1.96717,1.94441,1.96717,
EXC,1987-07-13,1.96717,1.96717,1.94441,1.95828,
EXC,1987-07-14,1.95828,1.96717,1.94441,1.95828,
EXC,1987-07-15,1.95828,1.98065,1.94441,1.96717,
EXC,1987-07-16,1.95828,1.98983,1.95828,1.98065,
EXC,1987-07-17,1.98065,2.00342,1.98065,2.00342,
EXC,1987-07-20,1.98983,2.00342,1.98065,1.98983,
EXC,1987-07-21,2.00342,2.01691,1.98065,1.98065,
EXC,1987-07-22,1.98983,2.00342,1.96717,2.00342,
EXC,1987-07-23,1.98983,2.01691,1.98065,1.98065,
EXC,1987-07-24,1.98983,2.00342,1.98065,1.98983,
EXC,1987-07-27,1.98983,2.00342,1.98065,2.00342,
EXC,1987-07-28,2.01691,2.01691,1.98983,2.01691,
EXC,1987-07-29,2.01691,2.01691,1.98983,2.01691,
EXC,1987-07-30,2.01691,2.01691,1.98983,2.00342,
EXC,1987-07-31,1.98983,2.01691,1.98983,2.00342,
EXC,1987-08-03,1.98065,2.00342,1.98065,1.98065,
EXC,1987-08-04,1.98065,2.00342,1.96717,1.98983,
EXC,1987-08-05,1.98983,2.00342,1.98065,1.98983,
EXC,1987-08-06,1.98983,2.00342,1.96717,1.98983,
EXC,1987-08-07,2.00342,2.02589,1.98065,2.02589,
EXC,1987-08-10,2.02589,2.05784,2.01691,2.05784,
EXC,1987-08-11,2.05784,2.08041,2.04876,2.08041,
EXC,1987-08-12,2.08041,2.08041,2.05784,2.07152,
EXC,1987-08-13,2.07152,2.11696,2.05784,2.10327,
EXC,1987-08-14,2.094,2.10327,2.07152,2.094,
EXC,1987-08-17,2.08041,2.094,2.04876,2.094,
EXC,1987-08-18,2.07152,2.08041,2.04876,2.08041,
EXC,1987-08-19,2.07152,2.08041,2.01691,2.04876,
EXC,1987-08-20,2.03967,2.03967,2.00792,2.03967,
EXC,1987-08-21,2.03029,2.03967,2.00792,2.03029,
EXC,1987-08-24,2.03029,2.03029,1.99423,2.0216,
EXC,1987-08-25,2.00792,2.03029,2.00792,2.0216,
EXC,1987-08-26,2.03029,2.03029,2.00792,2.0216,
EXC,1987-08-27,1.99423,2.00792,1.98545,1.98545,
EXC,1987-08-28,1.98545,1.98545,1.96248,1.96248,
EXC,1987-08-31,1.96248,1.98545,1.949,1.97147,
EXC,1987-09-01,1.98545,2.0216,1.94012,1.949,
EXC,1987-09-02,1.96248,1.96248,1.90386,1.96248,
EXC,1987-09-03,1.96248,1.98545,1.94012,1.98545,
EXC,1987-09-04,1.97147,2.00792,1.94012,1.96248,
EXC,1987-09-08,1.96248,1.96248,1.92653,1.96248,
EXC,1987-09-09,1.96248,1.97147,1.94012,1.949,
EXC,1987-09-10,1.949,1.96248,1.89008,1.91266,
EXC,1987-09-11,1.91266,1.91266,1.89008,1.89008,
EXC,1987-09-14,1.90386,1.90386,1.86741,1.87661,
EXC,1987-09-15,1.86741,1.87661,1.83118,1.85403,
EXC,1987-09-16,1.85403,1.87661,1.83118,1.86741,
EXC,1987-09-17,1.86741,1.89008,1.85403,1.86741,
EXC,1987-09-18,1.86741,1.87661,1.85403,1.86741,
EXC,1987-09-21,1.87661,1.90386,1.85403,1.85403,
EXC,1987-09-22,1.87661,1.91266,1.85403,1.90386,
EXC,1987-09-23,1.90386,1.91266,1.87661,1.90386,
EXC,1987-09-24,1.90386,1.91266,1.87661,1.89008,
EXC,1987-09-25,1.87661,1.89008,1.85403,1.89008,
EXC,1987-09-28,1.87661,1.94012,1.87661,1.91266,
EXC,1987-09-29,1.91266,1.91266,1.87661,1.89008,
EXC,1987-09-30,1.89008,1.89008,1.86741,1.87661,
EXC,1987-10-01,1.89008,1.89008,1.86741,1.89008,
EXC,1987-10-02,1.91266,1.91266,1.87661,1.89008,
EXC,1987-10-05,1.89008,1.89008,1.86741,1.89008,
EXC,1987-10-06,1.87661,1.89008,1.85403,1.87661,
EXC,1987-10-07,1.85403,1.89008,1.85403,1.89008,
EXC,1987-10-08,1.87661,1.89008,1.86741,1.89008,
EXC,1987-10-09,1.87661,1.89008,1.86741,1.86741,
EXC,1987-10-12,1.87661,1.87661,1.84485,1.85403,
EXC,1987-10-13,1.86741,1.90386,1.84485,1.90386,
EXC,1987-10-14,1.90386,1.90386,1.85403,1.86741,
EXC,1987-10-15,1.86741,1.87661,1.83118,1.85403,
EXC,1987-10-16,1.84485,1.87661,1.77694,1.79502,
EXC,1987-10-19,1.62266,1.74061,1.55486,1.63625,
EXC,1987-10-20,1.70405,1.76307,1.58643,1.69067,
EXC,1987-10-21,1.87661,1.90386,1.82227,1.87661,
EXC,1987-10-22,1.81309,1.84485,1.76307,1.84485,
EXC,1987-10-23,1.81309,1.83118,1.81309,1.83118,
EXC,1987-10-26,1.81309,1.83118,1.76307,1.76307,
EXC,1987-10-27,1.78574,1.81309,1.72683,1.75428,
EXC,1987-10-28,1.71783,1.74061,1.70405,1.70405,
EXC,1987-10-29,1.71783,1.76307,1.71783,1.76307,
EXC,1987-10-30,1.78574,1.82227,1.78574,1.82227,
EXC,1987-11-02,1.82227,1.84485,1.81309,1.84485,
EXC,1987-11-03,1.83118,1.85403,1.82227,1.84485,
EXC,1987-11-04,1.84485,1.90386,1.84485,1.89008,
EXC,1987-11-05,1.88559,1.88559,1.84925,1.86273,
EXC,1987-11-06,1.86273,1.86273,1.83586,1.86273,
EXC,1987-11-09,1.84925,1.86273,1.82648,1.83586,
EXC,1987-11-10,1.82648,1.84925,1.82648,1.84925,
EXC,1987-11-11,1.86273,1.86273,1.84925,1.86273,
EXC,1987-11-12,1.89458,1.90807,1.86273,1.86273,
EXC,1987-11-13,1.87191,1.87191,1.83586,1.86273,
EXC,1987-11-16,1.86273,1.87191,1.83586,1.86273,
EXC,1987-11-17,1.86273,1.88559,1.82648,1.82648,
EXC,1987-11-18,1.83586,1.84925,1.81309,1.83586,
EXC,1987-11-19,1.83586,1.86273,1.82648,1.83586,
EXC,1987-11-20,1.83586,1.87191,1.82648,1.87191,
EXC,1987-11-23,1.84925,1.86273,1.83586,1.86273,
EXC,1987-11-24,1.84925,1.88559,1.84925,1.87191,
EXC,1987-11-25,1.86273,1.87191,1.84925,1.86273,
EXC,1987-11-27,1.87191,1.87191,1.84925,1.86273,
EXC,1987-11-30,1.83586,1.83586,1.81309,1.82648,
EXC,1987-12-01,1.84925,1.84925,1.81309,1.83586,
EXC,1987-12-02,1.81309,1.83586,1.81309,1.83586,
EXC,1987-12-03,1.83586,1.83586,1.78574,1.79942,
EXC,1987-12-04,1.78574,1.79942,1.76747,1.76747,
EXC,1987-12-07,1.77694,1.79942,1.76747,1.78574,
EXC,1987-12-08,1.81309,1.82648,1.75428,1.79942,
EXC,1987-12-09,1.77694,1.79942,1.77694,1.78574,
EXC,1987-12-10,1.76747,1.78574,1.75428,1.76747,
EXC,1987-12-11,1.76747,1.77694,1.75428,1.77694,
EXC,1987-12-14,1.77694,1.78574,1.76747,1.78574,
EXC,1987-12-15,1.78574,1.79942,1.77694,1.78574,
EXC,1987-12-16,1.79942,1.79942,1.76747,1.78574,
EXC,1987-12-17,1.78574,1.79942,1.76747,1.76747,
EXC,1987-12-18,1.78574,1.78574,1.76747,1.78574,
EXC,1987-12-21,1.78574,1.78574,1.76747,1.77694,
EXC,1987-12-22,1.77694,1.77694,1.74061,1.75428,
EXC,1987-12-23,1.76747,1.77694,1.74061,1.75428,
EXC,1987-12-24,1.76747,1.76747,1.74061,1.75428,
EXC,1987-12-28,1.74061,1.77694,1.72683,1.76747,
EXC,1987-12-29,1.75428,1.76747,1.74061,1.75428,
EXC,1987-12-30,1.74061,1.76747,1.74061,1.75428,
EXC,1987-12-31,1.74061,1.78574,1.72683,1.76747,
EXC,1988-01-04,1.76747,1.79942,1.76747,1.78574,
EXC,1988-01-05,1.79942,1.83586,1.79942,1.82648,
EXC,1988-01-06,1.83586,1.84925,1.82648,1.83586,
EXC,1988-01-07,1.84925,1.86273,1.82648,1.86273,
EXC,1988-01-08,1.84925,1.86273,1.76747,1.76747,
EXC,1988-01-11,1.78574,1.81309,1.76747,1.79942,
EXC,1988-01-12,1.81309,1.82648,1.76747,1.79942,
EXC,1988-01-13,1.79942,1.86273,1.78574,1.83586,
EXC,1988-01-14,1.84925,1.86273,1.83586,1.84925,
EXC,1988-01-15,1.87191,1.88559,1.86273,1.87191,
EXC,1988-01-18,1.87191,1.90807,1.86273,1.90807,
EXC,1988-01-19,1.90807,1.92185,1.88559,1.89458,
EXC,1988-01-20,1.89458,1.92185,1.83586,1.89458,
EXC,1988-01-21,1.92185,1.93073,1.90807,1.90807,
EXC,1988-01-22,1.93073,1.93073,1.92185,1.92185,
EXC,1988-01-25,1.93073,1.95828,1.92185,1.95828,
EXC,1988-01-26,1.95828,1.95828,1.93073,1.94441,
EXC,1988-01-27,1.95828,1.96717,1.94441,1.94441,
EXC,1988-01-28,1.95828,1.98983,1.95828,1.98065,
EXC,1988-01-29,1.98983,2.02589,1.98065,2.01691,
EXC,1988-02-01,2.02589,2.02589,1.98983,2.00342,
EXC,1988-02-02,1.98983,2.01691,1.98065,1.98983,
EXC,1988-02-03,1.96717,1.98065,1.90807,1.92185,
EXC,1988-02-04,1.92185,1.94441,1.90807,1.93073,
EXC,1988-02-05,1.94441,1.94441,1.92185,1.94441,
EXC,1988-02-08,1.92185,1.94441,1.90807,1.93073,
EXC,1988-02-09,1.93073,1.94441,1.92185,1.94441,
EXC,1988-02-10,1.94441,1.96717,1.93073,1.96717,
EXC,1988-02-11,1.95828,1.96717,1.86273,1.88559,
EXC,1988-02-12,1.87191,1.88559,1.76747,1.81309,
EXC,1988-02-16,1.79942,1.83586,1.78574,1.83586,
EXC,1988-02-17,1.83586,1.89458,1.82648,1.88559,
EXC,1988-02-18,1.88559,1.88559,1.86273,1.87191,
EXC,1988-02-19,1.87191,1.88559,1.84925,1.88559,
EXC,1988-02-22,1.88559,1.89458,1.87191,1.89458,
EXC,1988-02-23,1.89458,1.89458,1.88559,1.89458,
EXC,1988-02-24,1.89458,1.89458,1.87191,1.88559,
EXC,1988-02-25,1.88559,1.89458,1.86273,1.86273,
EXC,1988-02-26,1.87191,1.88559,1.86273,1.87191,
EXC,1988-02-29,1.86741,1.86741,1.84026,1.84026,
EXC,1988-03-01,1.84026,1.84925,1.80391,1.80391,
EXC,1988-03-02,1.81309,1.82648,1.80391,1.80391,
EXC,1988-03-03,1.80391,1.82648,1.76747,1.81309,
EXC,1988-03-04,1.82648,1.84925,1.81309,1.82648,
EXC,1988-03-07,1.84925,1.87661,1.81309,1.86741,
EXC,1988-03-08,1.89008,1.91266,1.89008,1.90386,
EXC,1988-03-09,1.90386,1.90386,1.89008,1.89008,
EXC,1988-03-10,1.90386,1.90386,1.86741,1.87661,
EXC,1988-03-11,1.87661,1.89008,1.86741,1.87661,
EXC,1988-03-14,1.87661,1.90386,1.87661,1.89008,
EXC,1988-03-15,1.89008,1.90386,1.89008,1.90386,
EXC,1988-03-16,1.90386,1.91266,1.89008,1.90386,
EXC,1988-03-17,1.90386,1.90386,1.87661,1.89008,
EXC,1988-03-18,1.91266,1.91266,1.87661,1.90386,
EXC,1988-03-21,1.89008,1.90386,1.86741,1.87661,
EXC,1988-03-22,1.89008,1.90386,1.87661,1.87661,
EXC,1988-03-23,1.87661,1.89008,1.87661,1.87661,
EXC,1988-03-24,1.87661,1.89008,1.84925,1.86741,
EXC,1988-03-25,1.86741,1.87661,1.82648,1.82648,
EXC,1988-03-28,1.84026,1.84925,1.82648,1.84925,
EXC,1988-03-29,1.84925,1.86741,1.84026,1.84925,
EXC,1988-03-30,1.84925,1.84925,1.81309,1.81309,
EXC,1988-03-31,1.81309,1.84026,1.80391,1.81309,
EXC,1988-04-04,1.81309,1.82648,1.80391,1.80391,
EXC,1988-04-05,1.81309,1.82648,1.80391,1.81309,
EXC,1988-04-06,1.81309,1.86741,1.81309,1.86741,
EXC,1988-04-07,1.86741,1.87661,1.84026,1.84925,
EXC,1988-04-08,1.84026,1.86741,1.81309,1.86741,
EXC,1988-04-11,1.84925,1.86741,1.81309,1.84026,
EXC,1988-04-12,1.84026,1.86741,1.84026,1.84925,
EXC,1988-04-13,1.84925,1.86741,1.80391,1.81309,
EXC,1988-04-14,1.79032,1.80391,1.65433,1.69067,
EXC,1988-04-15,1.69067,1.74509,1.668,1.74509,
EXC,1988-04-18,1.71783,1.72683,1.69067,1.70405,
EXC,1988-04-19,1.71783,1.71783,1.68148,1.69067,
EXC,1988-04-20,1.68148,1.70405,1.668,1.668,
EXC,1988-04-21,1.668,1.70405,1.668,1.668,
EXC,1988-04-22,1.68148,1.75428,1.668,1.74509,
EXC,1988-04-25,1.72683,1.74509,1.71783,1.74509,
EXC,1988-04-26,1.74509,1.75428,1.72683,1.75428,
EXC,1988-04-27,1.75428,1.76747,1.72683,1.74509,
EXC,1988-04-28,1.75428,1.75428,1.71783,1.72683,
EXC,1988-04-29,1.71783,1.72683,1.69067,1.71783,
EXC,1988-05-02,1.71783,1.72683,1.68148,1.69067,
EXC,1988-05-03,1.69067,1.70405,1.65433,1.70405,
EXC,1988-05-04,1.69067,1.71783,1.68148,1.69067,
EXC,1988-05-05,1.70405,1.70405,1.69067,1.70405,
EXC,1988-05-06,1.69067,1.72683,1.69067,1.70405,
EXC,1988-05-09,1.70405,1.74509,1.69067,1.72683,
EXC,1988-05-10,1.74509,1.75428,1.72683,1.74509,
EXC,1988-05-11,1.74509,1.74509,1.71783,1.72683,
EXC,1988-05-12,1.72683,1.75428,1.72683,1.74509,
EXC,1988-05-13,1.75428,1.76747,1.74509,1.75428,
EXC,1988-05-16,1.75428,1.79032,1.75428,1.77694,
EXC,1988-05-17,1.80391,1.80391,1.76747,1.77694,
EXC,1988-05-18,1.77694,1.77694,1.75428,1.76747,
EXC,1988-05-19,1.75857,1.75857,1.71783,1.74509,
EXC,1988-05-20,1.74509,1.77235,1.71783,1.74509,
EXC,1988-05-23,1.73601,1.74509,1.71783,1.73601,
EXC,1988-05-24,1.73601,1.74509,1.71783,1.74509,
EXC,1988-05-25,1.74509,1.77235,1.74509,1.74509,
EXC,1988-05-26,1.74509,1.75857,1.74509,1.74509,
EXC,1988-05-27,1.75857,1.75857,1.73601,1.74509,
EXC,1988-05-31,1.74509,1.77235,1.73601,1.77235,
EXC,1988-06-01,1.78574,1.80831,1.77235,1.80831,
EXC,1988-06-02,1.79502,1.80831,1.77235,1.79502,
EXC,1988-06-03,1.79502,1.80831,1.78574,1.79502,
EXC,1988-06-06,1.79502,1.80831,1.78574,1.78574,
EXC,1988-06-07,1.79502,1.80831,1.77235,1.79502,
EXC,1988-06-08,1.79502,1.82227,1.78574,1.82227,
EXC,1988-06-09,1.80831,1.83586,1.80831,1.80831,
EXC,1988-06-10,1.83586,1.84925,1.82227,1.82227,
EXC,1988-06-13,1.82227,1.86273,1.80831,1.84925,
EXC,1988-06-14,1.87191,1.89458,1.82227,1.87191,
EXC,1988-06-15,1.87191,1.88559,1.84925,1.87191,
EXC,1988-06-16,1.86273,1.87191,1.84925,1.84925,
EXC,1988-06-17,1.87191,1.87191,1.84925,1.87191,
EXC,1988-06-20,1.84925,1.86273,1.83586,1.84925,
EXC,1988-06-21,1.84925,1.86273,1.83586,1.86273,
EXC,1988-06-22,1.87191,1.92653,1.86273,1.90807,
EXC,1988-06-23,1.89458,1.92653,1.89458,1.89458,
EXC,1988-06-24,1.90807,1.90807,1.88559,1.89458,
EXC,1988-06-27,1.89458,1.89458,1.86273,1.87191,
EXC,1988-06-28,1.87191,1.89458,1.86273,1.89458,
EXC,1988-06-29,1.88559,1.89458,1.86273,1.87191,
EXC,1988-06-30,1.87191,1.89458,1.86273,1.89458,
EXC,1988-07-01,1.89458,1.90807,1.87191,1.89458,
EXC,1988-07-05,1.87191,1.90807,1.86273,1.90807,
EXC,1988-07-06,1.90807,1.92653,1.83586,1.86273,
EXC,1988-07-07,1.86273,1.87191,1.84925,1.86273,
EXC,1988-07-08,1.84925,1.87191,1.83586,1.84925,
EXC,1988-07-11,1.87191,1.88559,1.84925,1.87191,
EXC,1988-07-12,1.86273,1.87191,1.83586,1.84925,
EXC,1988-07-13,1.86273,1.88559,1.84925,1.86273,
EXC,1988-07-14,1.86273,1.87191,1.84925,1.87191,
EXC,1988-07-15,1.87191,1.87191,1.84925,1.87191,
EXC,1988-07-18,1.87191,1.87191,1.84925,1.86273,
EXC,1988-07-19,1.87191,1.87191,1.84925,1.86273,
EXC,1988-07-20,1.87191,1.87191,1.84925,1.84925,
EXC,1988-07-21,1.84925,1.86273,1.83586,1.84925,
EXC,1988-07-22,1.84925,1.86273,1.83586,1.84925,
EXC,1988-07-25,1.84925,1.84925,1.82227,1.83586,
EXC,1988-07-26,1.84925,1.84925,1.83586,1.84925,
EXC,1988-07-27,1.84925,1.84925,1.82227,1.82227,
EXC,1988-07-28,1.84925,1.86273,1.83586,1.84925,
EXC,1988-07-29,1.84925,1.89458,1.83586,1.88559,
EXC,1988-08-01,1.89458,1.92653,1.88559,1.89458,
EXC,1988-08-02,1.89458,1.90807,1.87191,1.88559,
EXC,1988-08-03,1.88559,1.90807,1.88559,1.88559,
EXC,1988-08-04,1.89458,1.89458,1.87191,1.88559,
EXC,1988-08-05,1.87191,1.88559,1.86273,1.87191,
EXC,1988-08-08,1.86273,1.88559,1.84925,1.86273,
EXC,1988-08-09,1.84925,1.86273,1.82227,1.82227,
EXC,1988-08-10,1.84925,1.84925,1.82227,1.83586,
EXC,1988-08-11,1.84925,1.84925,1.82227,1.83586,
EXC,1988-08-12,1.83586,1.83586,1.82227,1.83586,
EXC,1988-08-15,1.82227,1.84925,1.82227,1.83586,
EXC,1988-08-16,1.84925,1.84925,1.82227,1.84925,
EXC,1988-08-17,1.84925,1.87191,1.83586,1.87191,
EXC,1988-08-18,1.86741,1.86741,1.83586,1.84925,
EXC,1988-08-19,1.86741,1.86741,1.84925,1.86741,
EXC,1988-08-22,1.86741,1.87661,1.84925,1.84925,
EXC,1988-08-23,1.84925,1.86741,1.84925,1.84925,
EXC,1988-08-24,1.86741,1.87661,1.84925,1.87661,
EXC,1988-08-25,1.84925,1.87661,1.78574,1.86741,
EXC,1988-08-26,1.86741,1.87661,1.84925,1.86741,
EXC,1988-08-29,1.87661,1.87661,1.86741,1.86741,
EXC,1988-08-30,1.87661,1.87661,1.84925,1.86741,
EXC,1988-08-31,1.87661,1.87661,1.84925,1.86741,
EXC,1988-09-01,1.86741,1.87661,1.83586,1.84925,
EXC,1988-09-02,1.86741,1.87661,1.84925,1.87661,
EXC,1988-09-06,1.87661,1.87661,1.86741,1.87661,
EXC,1988-09-07,1.89008,1.89008,1.86741,1.87661,
EXC,1988-09-08,1.86741,1.87661,1.84925,1.87661,
EXC,1988-09-09,1.87661,1.89008,1.84925,1.89008,
EXC,1988-09-12,1.89008,1.90386,1.87661,1.89008,
EXC,1988-09-13,1.87661,1.89008,1.86741,1.87661,
EXC,1988-09-14,1.89008,1.89008,1.86741,1.87661,
EXC,1988-09-15,1.87661,1.89008,1.86741,1.87661,
EXC,1988-09-16,1.87661,1.90386,1.87661,1.90386,
EXC,1988-09-19,1.90386,1.90386,1.87661,1.87661,
EXC,1988-09-20,1.87661,1.89008,1.87661,1.87661,
EXC,1988-09-21,1.87661,1.89008,1.87661,1.89008,
EXC,1988-09-22,1.89008,1.90386,1.87661,1.89008,
EXC,1988-09-23,1.89008,1.90386,1.87661,1.90386,
EXC,1988-09-26,1.90386,1.90386,1.87661,1.89008,
EXC,1988-09-27,1.89008,1.90386,1.87661,1.89008,
EXC,1988-09-28,1.89008,1.90386,1.87661,1.89008,
EXC,1988-09-29,1.90386,1.95828,1.89008,1.95828,
EXC,1988-09-30,1.94441,1.98545,1.93073,1.94441,
EXC,1988-10-03,1.93073,1.95828,1.93073,1.94441,
EXC,1988-10-04,1.94441,1.96717,1.94441,1.95828,
EXC,1988-10-05,1.95828,1.99423,1.94441,1.99423,
EXC,1988-10-06,1.99423,2.04427,1.98545,2.04427,
EXC,1988-10-07,2.03527,2.07582,2.03527,2.05784,
EXC,1988-10-10,2.04427,2.05784,2.03527,2.04427,
EXC,1988-10-11,2.03527,2.04427,2.0216,2.03527,
EXC,1988-10-12,2.00792,2.00792,1.98545,2.00792,
EXC,1988-10-13,1.99423,2.03527,1.98545,2.0216,
EXC,1988-10-14,2.03527,2.04427,2.0216,2.0216,
EXC,1988-10-17,2.03527,2.05784,2.0216,2.04427,
EXC,1988-10-18,2.04427,2.05784,2.03527,2.05784,
EXC,1988-10-19,2.07582,2.0985,2.05784,2.07582,
EXC,1988-10-20,2.08959,2.11217,2.07582,2.11217,
EXC,1988-10-21,2.0985,2.11217,2.0216,2.07582,
EXC,1988-10-24,2.04427,2.05784,2.03527,2.05784,
EXC,1988-10-25,2.04427,2.05784,2.03527,2.04427,
EXC,1988-10-26,2.05784,2.07582,2.04427,2.05784,
EXC,1988-10-27,2.07582,2.08959,2.05784,2.08959,
EXC,1988-10-28,2.07582,2.0985,2.05784,2.08959,
EXC,1988-10-31,2.08959,2.0985,2.07582,2.07582,
EXC,1988-11-01,2.07582,2.08959,2.07582,2.07582,
EXC,1988-11-02,2.07582,2.11217,2.07582,2.08959,
EXC,1988-11-03,2.08959,2.11217,2.08959,2.08959,
EXC,1988-11-04,2.08959,2.11217,2.08959,2.0985,
EXC,1988-11-07,2.0985,2.11217,2.08959,2.11217,
EXC,1988-11-08,2.0985,2.11217,2.0985,2.11217,
EXC,1988-11-09,2.10327,2.11696,2.07582,2.094,
EXC,1988-11-10,2.10327,2.11696,2.10327,2.11696,
EXC,1988-11-11,2.10327,2.11696,2.07582,2.094,
EXC,1988-11-14,2.10327,2.10327,2.07582,2.094,
EXC,1988-11-15,2.07582,2.10327,2.07582,2.10327,
EXC,1988-11-16,2.094,2.10327,2.07582,2.094,
EXC,1988-11-17,2.094,2.094,2.06224,2.07582,
EXC,1988-11-18,2.07582,2.094,2.06224,2.07582,
EXC,1988-11-21,2.05335,2.094,2.05335,2.094,
EXC,1988-11-22,2.07582,2.10327,2.07582,2.10327,
EXC,1988-11-23,2.094,2.10327,2.094,2.094,
EXC,1988-11-25,2.07582,2.094,2.07582,2.094,
EXC,1988-11-28,2.094,2.10327,2.07582,2.094,
EXC,1988-11-29,2.094,2.10327,2.094,2.094,
EXC,1988-11-30,2.094,2.10327,2.094,2.10327,
EXC,1988-12-01,2.10327,2.10327,2.07582,2.094,
EXC,1988-12-02,2.094,2.10327,2.07582,2.094,
EXC,1988-12-05,2.10327,2.11696,2.094,2.094,
EXC,1988-12-06,2.10327,2.11696,2.094,2.11696,
EXC,1988-12-07,2.10327,2.11696,2.10327,2.11696,
EXC,1988-12-08,2.10327,2.11696,2.094,2.094,
EXC,1988-12-09,2.094,2.11696,2.094,2.11696,
EXC,1988-12-12,2.11696,2.13015,2.10327,2.10327,
EXC,1988-12-13,2.11696,2.11696,2.07582,2.094,
EXC,1988-12-14,2.07582,2.094,2.06224,2.094,
EXC,1988-12-15,2.094,2.10327,2.07582,2.07582,
EXC,1988-12-16,2.094,2.094,2.07582,2.07582,
EXC,1988-12-19,2.07582,2.13015,2.07582,2.13015,
EXC,1988-12-20,2.13015,2.14393,2.11696,2.13015,
EXC,1988-12-21,2.13015,2.14393,2.11696,2.11696,
EXC,1988-12-22,2.13015,2.1574,2.11696,2.14393,
EXC,1988-12-23,2.14393,2.1574,2.14393,2.1574,
EXC,1988-12-27,2.1574,2.17128,2.14393,2.1574,
EXC,1988-12-28,2.17128,2.17128,2.11696,2.11696,
EXC,1988-12-29,2.10327,2.1574,2.10327,2.1574,
EXC,1988-12-30,2.13015,2.1574,2.13015,2.14393,
EXC,1989-01-03,2.13015,2.14393,2.10327,2.11696,
EXC,1989-01-04,2.14393,2.1574,2.11696,2.14393,
EXC,1989-01-05,2.14393,2.17128,2.14393,2.1574,
EXC,1989-01-06,2.14393,2.17128,2.14393,2.14393,
EXC,1989-01-09,2.14393,2.17128,2.14393,2.14393,
EXC,1989-01-10,2.14393,2.17128,2.14393,2.14393,
EXC,1989-01-11,2.1574,2.17128,2.13015,2.14393,
EXC,1989-01-12,2.14393,2.17128,2.13015,2.17128,
EXC,1989-01-13,2.1574,2.17128,2.14393,2.17128,
EXC,1989-01-16,2.1574,2.17128,2.14393,2.17128,
EXC,1989-01-17,2.17128,2.17128,2.1574,2.17128,
EXC,1989-01-18,2.17128,2.17128,2.14393,2.17128,
EXC,1989-01-19,2.18476,2.18476,2.17128,2.18476,
EXC,1989-01-20,2.17128,2.18476,2.1574,2.17128,
EXC,1989-01-23,2.19825,2.19825,2.14393,2.14393,
EXC,1989-01-24,2.1574,2.18476,2.14393,2.18476,
EXC,1989-01-25,2.18476,2.18476,2.17128,2.17128,
EXC,1989-01-26,2.17128,2.19825,2.17128,2.18476,
EXC,1989-01-27,2.18476,2.19825,2.17128,2.19825,
EXC,1989-01-30,2.19825,2.19825,2.18476,2.18476,
EXC,1989-01-31,2.18476,2.19825,2.1574,2.17128,
EXC,1989-02-01,2.1574,2.17128,2.1574,2.17128,
EXC,1989-02-02,2.17128,2.19825,2.1574,2.18476,
EXC,1989-02-03,2.19825,2.21212,2.18476,2.19825,
EXC,1989-02-06,2.19825,2.2256,2.19825,2.21212,
EXC,1989-02-07,2.2256,2.25276,2.21212,2.23918,
EXC,1989-02-08,2.23918,2.26625,2.2256,2.23918,
EXC,1989-02-09,2.23918,2.26625,2.2256,2.23918,
EXC,1989-02-10,2.23918,2.26625,2.2256,2.25276,
EXC,1989-02-13,2.2256,2.25276,2.2256,2.23918,
EXC,1989-02-14,2.25276,2.25276,2.2256,2.2256,
EXC,1989-02-15,2.24387,2.24387,2.20284,2.20284,
EXC,1989-02-16,2.20284,2.21612,2.20284,2.20284,
EXC,1989-02-17,2.20284,2.23,2.20284,2.21612,
EXC,1989-02-21,2.21612,2.23,2.21612,2.21612,
EXC,1989-02-22,2.21612,2.23,2.20284,2.20284,
EXC,1989-02-23,2.20284,2.21612,2.18926,2.20284,
EXC,1989-02-24,2.18926,2.18926,2.14841,2.14841,
EXC,1989-02-27,2.1618,2.1618,2.13493,2.14841,
EXC,1989-02-28,2.14841,2.14841,2.12116,2.14841,
EXC,1989-03-01,2.14841,2.1618,2.10778,2.10778,
EXC,1989-03-02,2.10778,2.13493,2.10778,2.13493,
EXC,1989-03-03,2.12116,2.14841,2.10778,2.13493,
EXC,1989-03-06,2.13493,2.14841,2.12116,2.14841,
EXC,1989-03-07,2.13493,2.14841,2.13493,2.13493,
EXC,1989-03-08,2.13493,2.14841,2.12116,2.13493,
EXC,1989-03-09,2.14841,2.14841,2.13493,2.14841,
EXC,1989-03-10,2.14841,2.20284,2.13493,2.18926,
EXC,1989-03-13,2.20284,2.21612,2.18926,2.20284,
EXC,1989-03-14,2.17548,2.18926,2.1618,2.17548,
EXC,1989-03-15,2.17548,2.18926,2.1618,2.17548,
EXC,1989-03-16,2.1618,2.20284,2.1618,2.20284,
EXC,1989-03-17,2.1618,2.17548,2.14841,2.14841,
EXC,1989-03-20,2.14841,2.1618,2.13493,2.14841,
EXC,1989-03-21,2.14841,2.1618,2.14841,2.1618,
EXC,1989-03-22,2.13493,2.1618,2.13493,2.14841,
EXC,1989-03-23,2.1618,2.17548,2.14841,2.14841,
EXC,1989-03-27,2.1618,2.18926,2.14841,2.17548,
EXC,1989-03-28,2.1618,2.20284,2.1618,2.20284,
EXC,1989-03-29,2.18926,2.20284,2.18926,2.20284,
EXC,1989-03-30,2.18926,2.20284,2.1618,2.1618,
EXC,1989-03-31,2.17548,2.18926,2.1618,2.17548,
EXC,1989-04-03,2.18926,2.20284,2.17548,2.20284,
EXC,1989-04-04,2.20284,2.21612,2.18926,2.20284,
EXC,1989-04-05,2.20284,2.23,2.18926,2.21612,
EXC,1989-04-06,2.20284,2.21612,2.18926,2.18926,
EXC,1989-04-07,2.20284,2.21612,2.18926,2.20284,
EXC,1989-04-10,2.20284,2.21612,2.20284,2.21612,
EXC,1989-04-11,2.20284,2.23,2.20284,2.21612,
EXC,1989-04-12,2.21612,2.23,2.20284,2.20284,
EXC,1989-04-13,2.20284,2.21612,2.20284,2.20284,
EXC,1989-04-14,2.20284,2.25735,2.20284,2.24387,
EXC,1989-04-17,2.24387,2.31607,2.23,2.30269,
EXC,1989-04-18,2.31607,2.34334,2.31607,2.31607,
EXC,1989-04-19,2.31607,2.32536,2.30269,2.30269,
EXC,1989-04-20,2.28442,2.30269,2.25735,2.27093,
EXC,1989-04-21,2.27093,2.28442,2.27093,2.28442,
EXC,1989-04-24,2.28442,2.31607,2.27093,2.28442,
EXC,1989-04-25,2.30269,2.30269,2.27093,2.28442,
EXC,1989-04-26,2.28442,2.31607,2.27093,2.27093,
EXC,1989-04-27,2.27093,2.31607,2.27093,2.31607,
EXC,1989-04-28,2.30269,2.31607,2.30269,2.31607,
EXC,1989-05-01,2.30269,2.31607,2.30269,2.31607,
EXC,1989-05-02,2.32536,2.32536,2.31607,2.31607,
EXC,1989-05-03,2.31607,2.32536,2.30269,2.31607,
EXC,1989-05-04,2.30269,2.31607,2.28442,2.30269,
EXC,1989-05-05,2.30269,2.31607,2.28442,2.30269,
EXC,1989-05-08,2.28442,2.30269,2.27093,2.30269,
EXC,1989-05-09,2.28442,2.31607,2.28442,2.30269,
EXC,1989-05-10,2.30269,2.31607,2.28442,2.31607,
EXC,1989-05-11,2.30269,2.32536,2.30269,2.31607,
EXC,1989-05-12,2.34334,2.3659,2.32536,2.3659,
EXC,1989-05-15,2.3659,2.37977,2.35682,2.37977,
EXC,1989-05-16,2.37977,2.39766,2.3659,2.37977,
EXC,1989-05-17,2.39766,2.41124,2.35682,2.39766,
EXC,1989-05-18,2.38408,2.40235,2.3616,2.375,
EXC,1989-05-19,2.375,2.41593,2.375,2.40235,
EXC,1989-05-22,2.41593,2.44309,2.40235,2.42951,
EXC,1989-05-23,2.42951,2.42951,2.3616,2.375,
EXC,1989-05-24,2.375,2.38408,2.34334,2.3616,
EXC,1989-05-25,2.3616,2.375,2.32966,2.34334,
EXC,1989-05-26,2.32966,2.3616,2.32966,2.3616,
EXC,1989-05-30,2.3616,2.375,2.32966,2.32966,
EXC,1989-05-31,2.32966,2.3616,2.32966,2.34334,
EXC,1989-06-01,2.3616,2.375,2.34334,2.3616,
EXC,1989-06-02,2.375,2.40235,2.3616,2.38408,
EXC,1989-06-05,2.38408,2.41593,2.38408,2.41593,
EXC,1989-06-06,2.41593,2.44309,2.40235,2.42951,
EXC,1989-06-07,2.42951,2.47485,2.42951,2.47485,
EXC,1989-06-08,2.45648,2.48853,2.45648,2.47485,
EXC,1989-06-09,2.47485,2.48853,2.45648,2.45648,
EXC,1989-06-12,2.47485,2.48853,2.45648,2.48853,
EXC,1989-06-13,2.47485,2.48853,2.45648,2.48853,
EXC,1989-06-14,2.47485,2.49732,2.47485,2.48853,
EXC,1989-06-15,2.47485,2.48853,2.45648,2.45648,
EXC,1989-06-16,2.45648,2.48853,2.45648,2.45648,
EXC,1989-06-19,2.45648,2.48853,2.45648,2.47485,
EXC,1989-06-20,2.45648,2.49732,2.45648,2.48853,
EXC,1989-06-21,2.48853,2.49732,2.45648,2.47485,
EXC,1989-06-22,2.47485,2.49732,2.45648,2.49732,
EXC,1989-06-23,2.51549,2.52917,2.48853,2.51549,
EXC,1989-06-26,2.51549,2.52917,2.49732,2.51549,
EXC,1989-06-27,2.52917,2.54275,2.51549,2.54275,
EXC,1989-06-28,2.52917,2.55643,2.49732,2.54275,
EXC,1989-06-29,2.55643,2.58819,2.54275,2.55643,
EXC,1989-06-30,2.55643,2.57001,2.51549,2.54275,
EXC,1989-07-03,2.55643,2.57001,2.54275,2.54275,
EXC,1989-07-05,2.55643,2.57001,2.52917,2.57001,
EXC,1989-07-06,2.57001,2.58819,2.55643,2.57001,
EXC,1989-07-07,2.57001,2.62442,2.54275,2.60157,
EXC,1989-07-10,2.60157,2.64231,2.60157,2.60157,
EXC,1989-07-11,2.62442,2.65618,2.61075,2.62442,
EXC,1989-07-12,2.64231,2.68335,2.62442,2.65618,
EXC,1989-07-13,2.65618,2.66948,2.62442,2.64231,
EXC,1989-07-14,2.64231,2.65618,2.61075,2.64231,
EXC,1989-07-17,2.65618,2.65618,2.52917,2.64231,
EXC,1989-07-18,2.62442,2.64231,2.61075,2.62442,
EXC,1989-07-19,2.62442,2.66948,2.62442,2.64231,
EXC,1989-07-20,2.64231,2.65618,2.62442,2.62442,
EXC,1989-07-21,2.62442,2.64231,2.61075,2.64231,
EXC,1989-07-24,2.62442,2.64231,2.61075,2.61075,
EXC,1989-07-25,2.61075,2.64231,2.61075,2.61075,
EXC,1989-07-26,2.61075,2.64231,2.60157,2.64231,
EXC,1989-07-27,2.64231,2.65618,2.62442,2.65618,
EXC,1989-07-28,2.65618,2.68335,2.65618,2.68335,
EXC,1989-07-31,2.68335,2.70161,2.66948,2.70161,
EXC,1989-08-01,2.7149,2.76933,2.70161,2.72399,
EXC,1989-08-02,2.73776,2.75594,2.7149,2.7149,
EXC,1989-08-03,2.7149,2.73776,2.7149,2.72399,
EXC,1989-08-04,2.7149,2.72399,2.68335,2.7149,
EXC,1989-08-07,2.7149,2.7149,2.66948,2.7149,
EXC,1989-08-08,2.68335,2.72399,2.60157,2.7149,
EXC,1989-08-09,2.72399,2.72399,2.66948,2.68335,
EXC,1989-08-10,2.68335,2.7149,2.66948,2.70161,
EXC,1989-08-11,2.7149,2.72399,2.66948,2.68335,
EXC,1989-08-14,2.68335,2.70161,2.66948,2.66948,
EXC,1989-08-15,2.66948,2.70161,2.65618,2.68335,
EXC,1989-08-16,2.68335,2.70161,2.66948,2.68335,
EXC,1989-08-17,2.66058,2.67876,2.60636,2.61974,
EXC,1989-08-18,2.61974,2.62892,2.58819,2.60636,
EXC,1989-08-21,2.60636,2.61974,2.57451,2.58819,
EXC,1989-08-22,2.57451,2.61974,2.52917,2.54733,
EXC,1989-08-23,2.55643,2.60636,2.54733,2.58819,
EXC,1989-08-24,2.60636,2.61974,2.55643,2.61974,
EXC,1989-08-25,2.61974,2.62892,2.58819,2.61974,
EXC,1989-08-28,2.61974,2.61974,2.57451,2.61974,
EXC,1989-08-29,2.60636,2.60636,2.54733,2.55643,
EXC,1989-08-30,2.55643,2.57451,2.51549,2.51549,
EXC,1989-08-31,2.51549,2.54733,2.502,2.51549,
EXC,1989-09-01,2.502,2.55643,2.502,2.52917,
EXC,1989-09-05,2.51549,2.52917,2.502,2.51549,
EXC,1989-09-06,2.51549,2.52917,2.48853,2.48853,
EXC,1989-09-07,2.51549,2.51549,2.45648,2.502,
EXC,1989-09-08,2.51549,2.51549,2.48853,2.51549,
EXC,1989-09-11,2.51549,2.51549,2.502,2.51549,
EXC,1989-09-12,2.51549,2.54733,2.47485,2.52917,
EXC,1989-09-13,2.54733,2.54733,2.51549,2.52917,
EXC,1989-09-14,2.51549,2.54733,2.51549,2.54733,
EXC,1989-09-15,2.54733,2.58819,2.54733,2.57451,
EXC,1989-09-18,2.55643,2.58819,2.52917,2.57451,
EXC,1989-09-19,2.57451,2.61974,2.57451,2.60636,
EXC,1989-09-20,2.60636,2.60636,2.57451,2.57451,
EXC,1989-09-21,2.58819,2.60636,2.57451,2.57451,
EXC,1989-09-22,2.57451,2.60636,2.57451,2.58819,
EXC,1989-09-25,2.60636,2.60636,2.58819,2.58819,
EXC,1989-09-26,2.60636,2.60636,2.57451,2.57451,
EXC,1989-09-27,2.55643,2.58819,2.54733,2.57451,
EXC,1989-09-28,2.57451,2.60636,2.57451,2.58819,
EXC,1989-09-29,2.58819,2.60636,2.58819,2.60636,
EXC,1989-10-02,2.58819,2.60636,2.58819,2.60636,
EXC,1989-10-03,2.60636,2.60636,2.58819,2.60636,
EXC,1989-10-04,2.58819,2.60636,2.57451,2.57451,
EXC,1989-10-05,2.57451,2.60636,2.55643,2.60636,
EXC,1989-10-06,2.60636,2.60636,2.55643,2.57451,
EXC,1989-10-09,2.57451,2.58819,2.55643,2.58819,
EXC,1989-10-10,2.58819,2.60636,2.55643,2.57451,
EXC,1989-10-11,2.57451,2.58819,2.55643,2.58819,
EXC,1989-10-12,2.58819,2.60636,2.57451,2.57451,
EXC,1989-10-13,2.57451,2.58819,2.52917,2.52917,
EXC,1989-10-16,2.45648,2.55643,2.44309,2.55643,
EXC,1989-10-17,2.55643,2.58819,2.54733,2.57451,
EXC,1989-10-18,2.58819,2.60636,2.55643,2.58819,
EXC,1989-10-19,2.60636,2.60636,2.57451,2.60636,
EXC,1989-10-20,2.60636,2.60636,2.57451,2.58819,
EXC,1989-10-23,2.60636,2.60636,2.58819,2.60636,
EXC,1989-10-24,2.58819,2.60636,2.54733,2.58819,
EXC,1989-10-25,2.57451,2.60636,2.57451,2.60636,
EXC,1989-10-26,2.60636,2.60636,2.57451,2.57451,
EXC,1989-10-27,2.58819,2.60636,2.57451,2.57451,
EXC,1989-10-30,2.58819,2.61974,2.57451,2.58819,
EXC,1989-10-31,2.60636,2.66058,2.58819,2.64709,
EXC,1989-11-01,2.66058,2.67876,2.64709,2.66058,
EXC,1989-11-02,2.66058,2.67876,2.64709,2.67876,
EXC,1989-11-03,2.66058,2.67876,2.64709,2.66058,
EXC,1989-11-06,2.66058,2.67876,2.62892,2.64709,
EXC,1989-11-07,2.62892,2.66058,2.61974,2.66058,
EXC,1989-11-08,2.66058,2.67876,2.64709,2.66058,
EXC,1989-11-09,2.6514,2.66518,2.60636,2.63811,
EXC,1989-11-10,2.63811,2.66518,2.63811,2.66518,
EXC,1989-11-13,2.66518,2.66518,2.6514,2.6514,
EXC,1989-11-14,2.66518,2.66518,2.63811,2.6514,
EXC,1989-11-15,2.6514,2.66518,2.63811,2.6514,
EXC,1989-11-16,2.6514,2.69673,2.60636,2.6514,
EXC,1989-11-17,2.63811,2.66518,2.63811,2.63811,
EXC,1989-11-20,2.6514,2.6514,2.60636,2.63811,
EXC,1989-11-21,2.62442,2.63811,2.60636,2.62442,
EXC,1989-11-22,2.62442,2.63811,2.59268,2.60636,
EXC,1989-11-24,2.62442,2.62442,2.5791,2.60636,
EXC,1989-11-27,2.60636,2.60636,2.59268,2.60636,
EXC,1989-11-28,2.60636,2.62442,2.5791,2.60636,
EXC,1989-11-29,2.60636,2.62442,2.59268,2.62442,
EXC,1989-11-30,2.60636,2.63811,2.60636,2.62442,
EXC,1989-12-01,2.63811,2.71041,2.62442,2.69673,
EXC,1989-12-04,2.69673,2.71041,2.68335,2.69673,
EXC,1989-12-05,2.71041,2.73776,2.69673,2.73776,
EXC,1989-12-06,2.72399,2.73776,2.71041,2.72399,
EXC,1989-12-07,2.73776,2.73776,2.72399,2.72399,
EXC,1989-12-08,2.73776,2.75594,2.72399,2.75594,
EXC,1989-12-11,2.73776,2.76933,2.73776,2.75594,
EXC,1989-12-12,2.75594,2.7831,2.75594,2.76933,
EXC,1989-12-13,2.7831,2.83264,2.76933,2.81485,
EXC,1989-12-14,2.83264,2.8466,2.81485,2.81485,
EXC,1989-12-15,2.83264,2.8466,2.81485,2.83264,
EXC,1989-12-18,2.81485,2.83264,2.80108,2.81485,
EXC,1989-12-19,2.81485,2.83264,2.80108,2.81485,
EXC,1989-12-20,2.8466,2.8466,2.80108,2.81485,
EXC,1989-12-21,2.81485,2.81485,2.73776,2.76933,
EXC,1989-12-22,2.76933,2.76933,2.73776,2.75594,
EXC,1989-12-26,2.7831,2.7831,2.73776,2.73776,
EXC,1989-12-27,2.75594,2.76933,2.68335,2.68335,
EXC,1989-12-28,2.69673,2.73776,2.68335,2.72399,
EXC,1989-12-29,2.71041,2.73776,2.69673,2.73776,
EXC,1990-01-02,2.73776,2.7831,2.71041,2.75594,
EXC,1990-01-03,2.7831,2.7831,2.73776,2.75594,
EXC,1990-01-04,2.75594,2.75594,2.69673,2.71041,
EXC,1990-01-05,2.71041,2.73776,2.71041,2.71041,
EXC,1990-01-08,2.71041,2.72399,2.60636,2.72399,
EXC,1990-01-09,2.73776,2.73776,2.69673,2.69673,
EXC,1990-01-10,2.72399,2.72399,2.69673,2.72399,
EXC,1990-01-11,2.73776,2.75594,2.53366,2.53366,
EXC,1990-01-12,2.54733,2.60636,2.51549,2.53366,
EXC,1990-01-15,2.53366,2.56532,2.51549,2.53366,
EXC,1990-01-16,2.51549,2.54733,2.51549,2.54733,
EXC,1990-01-17,2.56532,2.60636,2.54733,2.5791,
EXC,1990-01-18,2.59268,2.60636,2.5791,2.60636,
EXC,1990-01-19,2.60636,2.60636,2.56532,2.56532,
EXC,1990-01-22,2.56532,2.59268,2.53366,2.53366,
EXC,1990-01-23,2.54733,2.5791,2.51549,2.54733,
EXC,1990-01-24,2.54733,2.66518,2.51549,2.56532,
EXC,1990-01-25,2.54733,2.56532,2.47485,2.47485,
EXC,1990-01-26,2.47485,2.51549,2.47485,2.5066,
EXC,1990-01-29,2.51549,2.5791,2.48853,2.54733,
EXC,1990-01-30,2.54733,2.56532,2.48853,2.48853,
EXC,1990-01-31,2.51549,2.54733,2.5066,2.54733,
EXC,1990-02-01,2.56532,2.59268,2.54733,2.5791,
EXC,1990-02-02,2.56532,2.59268,2.48853,2.59268,
EXC,1990-02-05,2.59268,2.60636,2.5791,2.60636,
EXC,1990-02-06,2.59268,2.60636,2.54733,2.54733,
EXC,1990-02-07,2.56532,2.56532,2.53366,2.56532,
EXC,1990-02-08,2.56532,2.5791,2.51549,2.54733,
EXC,1990-02-09,2.56532,2.56532,2.53366,2.56532,
EXC,1990-02-12,2.54733,2.56532,2.53366,2.53366,
EXC,1990-02-13,2.54733,2.56532,2.51549,2.51549,
EXC,1990-02-14,2.49302,2.52457,2.47934,2.511,
EXC,1990-02-15,2.511,2.511,2.49302,2.49302,
EXC,1990-02-16,2.511,2.54275,2.49302,2.511,
EXC,1990-02-20,2.511,2.511,2.41593,2.44768,
EXC,1990-02-21,2.43391,2.44768,2.40235,2.43391,
EXC,1990-02-22,2.43391,2.44768,2.41593,2.43391,
EXC,1990-02-23,2.41593,2.43391,2.40235,2.43391,
EXC,1990-02-26,2.43391,2.44768,2.41593,2.43391,
EXC,1990-02-27,2.43391,2.44768,2.43391,2.44768,
EXC,1990-02-28,2.44768,2.47934,2.43391,2.44768,
EXC,1990-03-01,2.43391,2.46126,2.11696,2.18926,
EXC,1990-03-02,2.1574,2.18926,2.11696,2.1574,
EXC,1990-03-05,2.17548,2.22111,2.1574,2.22111,
EXC,1990-03-06,2.20724,2.22111,2.18926,2.18926,
EXC,1990-03-07,2.18926,2.23469,2.18926,2.18926,
EXC,1990-03-08,2.18926,2.22111,2.18926,2.22111,
EXC,1990-03-09,2.20724,2.22111,2.18926,2.22111,
EXC,1990-03-12,2.20724,2.22111,2.18926,2.18926,
EXC,1990-03-13,2.20724,2.22111,2.18926,2.20724,
EXC,1990-03-14,2.18926,2.22111,2.18926,2.20724,
EXC,1990-03-15,2.18926,2.20724,2.1574,2.17548,
EXC,1990-03-16,2.18926,2.18926,2.17548,2.18926,
EXC,1990-03-19,2.17548,2.18926,2.17548,2.18926,
EXC,1990-03-20,2.17548,2.18926,2.14393,2.14393,
EXC,1990-03-21,2.1574,2.18926,2.14393,2.17548,
EXC,1990-03-22,2.1574,2.23469,2.14393,2.18926,
EXC,1990-03-23,2.17548,2.18926,2.17548,2.18926,
EXC,1990-03-26,2.18926,2.18926,2.14393,2.1574,
EXC,1990-03-27,2.17548,2.18926,2.1574,2.17548,
EXC,1990-03-28,2.18926,2.18926,2.1574,2.17548,
EXC,1990-03-29,2.17548,2.18926,2.1574,2.18926,
EXC,1990-03-30,2.17548,2.18926,2.1574,2.18926,
EXC,1990-04-02,2.1574,2.18926,2.1574,2.17548,
EXC,1990-04-03,2.1574,2.18926,2.1574,2.17548,
EXC,1990-04-04,2.1574,2.18926,2.08041,2.08041,
EXC,1990-04-05,2.11696,2.13015,2.07152,2.07152,
EXC,1990-04-06,2.07152,2.08041,2.00792,2.03967,
EXC,1990-04-09,2.0216,2.05335,2.00792,2.05335,
EXC,1990-04-10,2.05335,2.0985,2.05335,2.08041,
EXC,1990-04-11,2.07152,2.11696,2.00792,2.07152,
EXC,1990-04-12,2.07152,2.08041,2.03967,2.05335,
EXC,1990-04-16,2.05335,2.08041,2.05335,2.07152,
EXC,1990-04-17,2.05335,2.05335,2.00792,2.03967,
EXC,1990-04-18,2.03967,2.05335,2.0216,2.03967,
EXC,1990-04-19,2.03967,2.03967,2.00792,2.00792,
EXC,1990-04-20,2.00792,2.03967,2.00792,2.00792,
EXC,1990-04-23,1.93073,1.94441,1.88559,1.91715,
EXC,1990-04-24,1.90386,1.96248,1.82648,1.91715,
EXC,1990-04-25,1.93073,1.93073,1.90386,1.93073,
EXC,1990-04-26,1.93073,1.94441,1.91715,1.94441,
EXC,1990-04-27,1.93073,1.94441,1.88559,1.88559,
EXC,1990-04-30,1.86741,1.88559,1.82648,1.85403,
EXC,1990-05-01,1.84026,1.90386,1.84026,1.88559,
EXC,1990-05-02,1.88559,1.93073,1.86741,1.91715,
EXC,1990-05-03,1.90386,1.93073,1.90386,1.90386,
EXC,1990-05-04,1.91715,1.93073,1.90386,1.91715,
EXC,1990-05-07,1.93073,1.97636,1.93073,1.94441,
EXC,1990-05-08,1.94441,1.96248,1.94441,1.96248,
EXC,1990-05-09,1.94441,2.0216,1.94441,1.98983,
EXC,1990-05-10,2.0216,2.03967,1.98983,2.0216,
EXC,1990-05-11,2.05335,2.08041,2.0216,2.03967,
EXC,1990-05-14,2.05335,2.07152,2.0216,2.03967,
EXC,1990-05-15,2.03967,2.05335,2.0216,2.03967,
EXC,1990-05-16,2.03967,2.08041,2.0216,2.07152,
EXC,1990-05-17,2.05784,2.10327,2.05784,2.05784,
EXC,1990-05-18,2.05784,2.07582,2.04427,2.05784,
EXC,1990-05-21,2.05784,2.07582,2.04427,2.05784,
EXC,1990-05-22,2.05784,2.07582,2.02589,2.02589,
EXC,1990-05-23,2.02589,2.05784,2.02589,2.04427,
EXC,1990-05-24,2.04427,2.05784,2.02589,2.04427,
EXC,1990-05-25,2.02589,2.07582,2.02589,2.02589,
EXC,1990-05-29,2.02589,2.05784,2.02589,2.05784,
EXC,1990-05-30,2.04427,2.05784,2.02589,2.02589,
EXC,1990-05-31,2.04427,2.05784,2.02589,2.04427,
EXC,1990-06-01,2.04427,2.05784,2.04427,2.04427,
EXC,1990-06-04,2.04427,2.08959,2.04427,2.07582,
EXC,1990-06-05,2.08959,2.08959,2.05784,2.05784,
EXC,1990-06-06,2.05784,2.07582,2.05784,2.07582,
EXC,1990-06-07,2.07582,2.08959,2.05784,2.08959,
EXC,1990-06-08,2.07582,2.08959,2.04427,2.05784,
EXC,1990-06-11,2.04427,2.07582,2.04427,2.07582,
EXC,1990-06-12,2.05784,2.07582,2.04427,2.07582,
EXC,1990-06-13,2.07582,2.08959,2.07582,2.07582,
EXC,1990-06-14,2.07582,2.08959,2.05784,2.05784,
EXC,1990-06-15,2.05784,2.07582,2.04427,2.04427,
EXC,1990-06-18,2.05784,2.05784,2.02589,2.04427,
EXC,1990-06-19,2.02589,2.04427,2.02589,2.02589,
EXC,1990-06-20,2.02589,2.04427,1.99883,2.01251,
EXC,1990-06-21,2.02589,2.04427,1.99883,2.02589,
EXC,1990-06-22,2.01251,2.04427,2.01251,2.02589,
EXC,1990-06-25,2.02589,2.04427,1.99883,2.01251,
EXC,1990-06-26,1.99883,2.04427,1.98065,1.98065,
EXC,1990-06-27,1.98065,2.01251,1.98065,2.01251,
EXC,1990-06-28,2.01251,2.02589,2.01251,2.02589,
EXC,1990-06-29,2.01251,2.05784,2.01251,2.05784,
EXC,1990-07-02,2.05784,2.05784,2.02589,2.04427,
EXC,1990-07-03,2.04427,2.05784,2.02589,2.02589,
EXC,1990-07-05,2.01251,2.04427,1.99883,2.02589,
EXC,1990-07-06,2.02589,2.04427,2.01251,2.01251,
EXC,1990-07-09,2.01251,2.02589,1.99883,2.01251,
EXC,1990-07-10,1.99883,2.02589,1.98065,1.98065,
EXC,1990-07-11,1.99883,2.01251,1.98065,2.01251,
EXC,1990-07-12,1.99883,2.02589,1.99883,2.02589,
EXC,1990-07-13,2.01251,2.02589,1.99883,2.02589,
EXC,1990-07-16,2.02589,2.02589,1.99883,2.02589,
EXC,1990-07-17,2.01251,2.02589,1.98065,2.01251,
EXC,1990-07-18,1.98065,1.99883,1.98065,1.99883,
EXC,1990-07-19,1.98065,1.99883,1.949,1.98065,
EXC,1990-07-20,1.96717,1.98065,1.92185,1.93552,
EXC,1990-07-23,1.92185,1.949,1.89008,1.89008,
EXC,1990-07-24,1.92185,1.92185,1.90386,1.92185,
EXC,1990-07-25,1.92185,1.96717,1.92185,1.96717,
EXC,1990-07-26,1.96717,1.96717,1.949,1.949,
EXC,1990-07-27,1.96717,1.96717,1.92185,1.949,
EXC,1990-07-30,1.93552,1.99883,1.93552,1.99883,
EXC,1990-07-31,1.99883,2.04427,1.98065,2.04427,
EXC,1990-08-01,2.04427,2.05784,2.02589,2.05784,
EXC,1990-08-02,2.02589,2.04427,1.99883,2.01251,
EXC,1990-08-03,1.99883,2.01251,1.92185,1.96717,
EXC,1990-08-06,1.93552,1.949,1.85863,1.89008,
EXC,1990-08-07,1.92185,1.949,1.90386,1.949,
EXC,1990-08-08,1.949,1.98065,1.949,1.98065,
EXC,1990-08-09,1.96717,1.98065,1.949,1.96717,
EXC,1990-08-10,1.949,1.96717,1.93552,1.93552,
EXC,1990-08-13,1.93552,1.96717,1.92185,1.949,
EXC,1990-08-14,1.949,1.98065,1.93552,1.98065,
EXC,1990-08-15,1.96717,1.98065,1.949,1.96717,
EXC,1990-08-16,1.95828,1.97147,1.92653,1.95828,
EXC,1990-08-17,1.94012,1.95828,1.90807,1.94012,
EXC,1990-08-20,1.92653,1.94012,1.92653,1.94012,
EXC,1990-08-21,1.92653,1.92653,1.89458,1.90807,
EXC,1990-08-22,1.90807,1.92653,1.89458,1.89458,
EXC,1990-08-23,1.89458,1.89458,1.84925,1.84925,
EXC,1990-08-24,1.86273,1.87661,1.83118,1.84925,
EXC,1990-08-27,1.87661,1.92653,1.87661,1.90807,
EXC,1990-08-28,1.89458,1.90807,1.87661,1.87661,
EXC,1990-08-29,1.87661,1.94012,1.87661,1.94012,
EXC,1990-08-30,1.92653,1.94012,1.87661,1.89458,
EXC,1990-08-31,1.87661,1.92653,1.87661,1.90807,
EXC,1990-09-04,1.89458,1.92653,1.89458,1.89458,
EXC,1990-09-05,1.90807,1.92653,1.89458,1.90807,
EXC,1990-09-06,1.90807,1.92653,1.89458,1.90807,
EXC,1990-09-07,1.90807,1.92653,1.90807,1.92653,
EXC,1990-09-10,1.92653,1.94012,1.90807,1.92653,
EXC,1990-09-11,1.90807,1.94012,1.90807,1.92653,
EXC,1990-09-12,1.92653,1.92653,1.90807,1.92653,
EXC,1990-09-13,1.90807,1.92653,1.87661,1.89458,
EXC,1990-09-14,1.87661,1.89458,1.86273,1.87661,
EXC,1990-09-17,1.86273,1.87661,1.84925,1.87661,
EXC,1990-09-18,1.87661,1.89458,1.86273,1.89458,
EXC,1990-09-19,1.89458,1.90807,1.87661,1.90807,
EXC,1990-09-20,1.89458,1.90807,1.89458,1.90807,
EXC,1990-09-21,1.92653,1.94012,1.90807,1.92653,
EXC,1990-09-24,1.90807,1.92653,1.84925,1.86273,
EXC,1990-09-25,1.86273,1.89458,1.86273,1.87661,
EXC,1990-09-26,1.87661,1.90807,1.86273,1.89458,
EXC,1990-09-27,1.89458,1.90807,1.87661,1.89458,
EXC,1990-09-28,1.87661,1.87661,1.84925,1.84925,
EXC,1990-10-01,1.87661,1.92653,1.86273,1.92653,
EXC,1990-10-02,1.90807,1.94012,1.90807,1.92653,
EXC,1990-10-03,1.90807,1.98545,1.90807,1.97147,
EXC,1990-10-04,1.97147,2.00342,1.95828,2.00342,
EXC,1990-10-05,1.98545,2.0216,1.97147,1.98545,
EXC,1990-10-08,1.98545,2.0216,1.98545,2.00342,
EXC,1990-10-09,2.00342,2.0216,1.98545,2.00342,
EXC,1990-10-10,2.00342,2.0216,1.97147,1.98545,
EXC,1990-10-11,2.00342,2.00342,1.95828,1.95828,
EXC,1990-10-12,1.97147,2.0216,1.97147,2.0216,
EXC,1990-10-15,2.00342,2.03527,1.98545,2.00342,
EXC,1990-10-16,2.00342,2.0216,1.98545,1.98545,
EXC,1990-10-17,1.98545,2.08041,1.95828,2.06692,
EXC,1990-10-18,2.06692,2.13015,2.06692,2.11696,
EXC,1990-10-19,2.11696,2.13015,2.05335,2.06692,
EXC,1990-10-22,2.05335,2.0985,2.05335,2.08041,
EXC,1990-10-23,2.08041,2.08041,2.0216,2.06692,
EXC,1990-10-24,2.06692,2.0985,2.05335,2.08041,
EXC,1990-10-25,2.08041,2.0985,2.0216,2.0216,
EXC,1990-10-26,1.98545,2.03527,1.97147,2.00342,
EXC,1990-10-29,2.00342,2.05335,2.00342,2.0216,
EXC,1990-10-30,2.03527,2.06692,2.0216,2.06692,
EXC,1990-10-31,2.05335,2.0985,2.05335,2.0985,
EXC,1990-11-01,2.0985,2.13015,2.08041,2.13015,
EXC,1990-11-02,2.13015,2.1618,2.13015,2.14841,
EXC,1990-11-05,2.13015,2.1618,2.13015,2.14841,
EXC,1990-11-06,2.13015,2.1618,2.11696,2.14841,
EXC,1990-11-07,2.13493,2.15301,2.03967,2.05784,
EXC,1990-11-08,2.07152,2.08959,2.05784,2.08959,
EXC,1990-11-09,2.08959,2.17128,2.07152,2.17128,
EXC,1990-11-12,2.13493,2.17128,2.13493,2.17128,
EXC,1990-11-13,2.15301,2.18476,2.12116,2.13493,
EXC,1990-11-14,2.12116,2.12116,2.08959,2.12116,
EXC,1990-11-15,2.12116,2.12116,2.08959,2.10327,
EXC,1990-11-16,2.10327,2.12116,2.07152,2.08959,
EXC,1990-11-19,2.10327,2.13493,2.08959,2.10327,
EXC,1990-11-20,2.10327,2.12116,2.07152,2.08959,
EXC,1990-11-21,2.05784,2.10327,2.05784,2.10327,
EXC,1990-11-23,2.13493,2.15301,2.10327,2.15301,
EXC,1990-11-26,2.15301,2.15301,2.07152,2.12116,
EXC,1990-11-27,2.10327,2.12116,2.08959,2.12116,
EXC,1990-11-28,2.10327,2.13493,2.10327,2.12116,
EXC,1990-11-29,2.10327,2.13493,2.08959,2.12116,
EXC,1990-11-30,2.10327,2.18476,2.10327,2.15301,
EXC,1990-12-03,2.15301,2.17128,2.13493,2.17128,
EXC,1990-12-04,2.15301,2.24787,2.13493,2.23,
EXC,1990-12-05,2.24787,2.29801,2.23,2.24787,
EXC,1990-12-06,2.24787,2.28442,2.18476,2.23,
EXC,1990-12-07,2.23,2.24787,2.20284,2.20284,
EXC,1990-12-10,2.20284,2.23,2.18476,2.23,
EXC,1990-12-11,2.21612,2.24787,2.20284,2.20284,
EXC,1990-12-12,2.18476,2.24787,2.18476,2.23,
EXC,1990-12-13,2.23,2.24787,2.21612,2.21612,
EXC,1990-12-14,2.21612,2.23,2.20284,2.23,
EXC,1990-12-17,2.21612,2.23,2.21612,2.23,
EXC,1990-12-18,2.21612,2.31607,2.21612,2.31607,
EXC,1990-12-19,2.28442,2.29801,2.26625,2.28442,
EXC,1990-12-20,2.24787,2.28442,2.23,2.26625,
EXC,1990-12-21,2.29801,2.31607,2.26625,2.31607,
EXC,1990-12-24,2.29801,2.31607,2.29801,2.29801,
EXC,1990-12-26,2.29801,2.32966,2.29801,2.31607,
EXC,1990-12-27,2.31607,2.32966,2.31607,2.31607,
EXC,1990-12-28,2.31607,2.32966,2.29801,2.29801,
EXC,1990-12-31,2.31607,2.31607,2.28442,2.31607,
EXC,1991-01-02,2.31607,2.31607,2.28442,2.28442,
EXC,1991-01-03,2.29801,2.31607,2.28442,2.28442,
EXC,1991-01-04,2.28442,2.29801,2.26625,2.29801,
EXC,1991-01-07,2.28442,2.29801,2.26625,2.26625,
EXC,1991-01-08,2.28442,2.29801,2.26625,2.28442,
EXC,1991-01-09,2.29801,2.29801,2.24787,2.28442,
EXC,1991-01-10,2.28442,2.29801,2.26625,2.29801,
EXC,1991-01-11,2.28442,2.29801,2.26625,2.26625,
EXC,1991-01-14,2.26625,2.28442,2.24787,2.24787,
EXC,1991-01-15,2.24787,2.28442,2.24787,2.28442,
EXC,1991-01-16,2.26625,2.28442,2.26625,2.26625,
EXC,1991-01-17,2.29801,2.32966,2.28442,2.31607,
EXC,1991-01-18,2.31607,2.34334,2.29801,2.34334,
EXC,1991-01-21,2.31607,2.34334,2.31607,2.34334,
EXC,1991-01-22,2.32966,2.34334,2.31607,2.32966,
EXC,1991-01-23,2.34334,2.34334,2.32966,2.32966,
EXC,1991-01-24,2.32966,2.3616,2.32966,2.3616,
EXC,1991-01-25,2.34334,2.34334,2.31607,2.32966,
EXC,1991-01-28,2.32966,2.3616,2.32966,2.34334,
EXC,1991-01-29,2.34334,2.37977,2.34334,2.3616,
EXC,1991-01-30,2.3616,2.37977,2.3616,2.37977,
EXC,1991-01-31,2.39307,2.43859,2.37977,2.41124,
EXC,1991-02-01,2.41124,2.42481,2.39307,2.41124,
EXC,1991-02-04,2.39307,2.42481,2.39307,2.41124,
EXC,1991-02-05,2.41124,2.43859,2.39307,2.42481,
EXC,1991-02-06,2.42481,2.43859,2.41124,2.43859,
EXC,1991-02-07,2.43859,2.49302,2.41124,2.47485,
EXC,1991-02-08,2.47485,2.5066,2.47485,2.5066,
EXC,1991-02-11,2.49302,2.5066,2.49302,2.5066,
EXC,1991-02-12,2.49302,2.5066,2.47485,2.49302,
EXC,1991-02-13,2.49732,2.56102,2.49732,2.54733,
EXC,1991-02-14,2.56102,2.5791,2.52917,2.54733,
EXC,1991-02-15,2.54733,2.5791,2.52917,2.56102,
EXC,1991-02-19,2.56102,2.56102,2.54733,2.54733,
EXC,1991-02-20,2.52917,2.54733,2.49732,2.52917,
EXC,1991-02-21,2.52917,2.52917,2.49732,2.52917,
EXC,1991-02-22,2.52917,2.56102,2.49732,2.511,
EXC,1991-02-25,2.54733,2.54733,2.49732,2.54733,
EXC,1991-02-26,2.52917,2.54733,2.511,2.52917,
EXC,1991-02-27,2.511,2.54733,2.49732,2.54733,
EXC,1991-02-28,2.56102,2.56102,2.511,2.511,
EXC,1991-03-01,2.49732,2.511,2.47934,2.511,
EXC,1991-03-04,2.49732,2.511,2.47934,2.47934,
EXC,1991-03-05,2.49732,2.52917,2.47934,2.511,
EXC,1991-03-06,2.511,2.52917,2.47934,2.49732,
EXC,1991-03-07,2.49732,2.49732,2.46126,2.47934,
EXC,1991-03-08,2.47934,2.49732,2.46126,2.46126,
EXC,1991-03-11,2.44768,2.46126,2.44768,2.46126,
EXC,1991-03-12,2.46126,2.49732,2.44768,2.47934,
EXC,1991-03-13,2.511,2.54733,2.49732,2.54733,
EXC,1991-03-14,2.52917,2.56102,2.52917,2.54733,
EXC,1991-03-15,2.52917,2.52917,2.46126,2.49732,
EXC,1991-03-18,2.47934,2.49732,2.43391,2.47934,
EXC,1991-03-19,2.46126,2.49732,2.43391,2.47934,
EXC,1991-03-20,2.47934,2.52917,2.47934,2.52917,
EXC,1991-03-21,2.52917,2.52917,2.511,2.511,
EXC,1991-03-22,2.52917,2.52917,2.511,2.52917,
EXC,1991-03-25,2.54733,2.5791,2.52917,2.56102,
EXC,1991-03-26,2.56102,2.59268,2.54733,2.59268,
EXC,1991-03-27,2.59268,2.59268,2.56102,2.56102,
EXC,1991-03-28,2.56102,2.5791,2.56102,2.5791,
EXC,1991-04-01,2.56102,2.56102,2.54733,2.54733,
EXC,1991-04-02,2.54733,2.5791,2.54733,2.5791,
EXC,1991-04-03,2.5791,2.61075,2.5791,2.5791,
EXC,1991-04-04,2.5791,2.61075,2.5791,2.61075,
EXC,1991-04-05,2.59268,2.61075,2.59268,2.59268,
EXC,1991-04-08,2.59268,2.61075,2.59268,2.61075,
EXC,1991-04-09,2.59268,2.59268,2.5791,2.5791,
EXC,1991-04-10,2.59268,2.62442,2.56102,2.61075,
EXC,1991-04-11,2.61075,2.66058,2.61075,2.64231,
EXC,1991-04-12,2.67876,2.69214,2.66058,2.67876,
EXC,1991-04-15,2.66058,2.72399,2.64231,2.69214,
EXC,1991-04-16,2.69214,2.72399,2.67876,2.70611,
EXC,1991-04-17,2.70611,2.74216,2.61075,2.72399,
EXC,1991-04-18,2.69214,2.70611,2.64231,2.64231,
EXC,1991-04-19,2.64231,2.66058,2.61075,2.62442,
EXC,1991-04-22,2.62442,2.66058,2.62442,2.62442,
EXC,1991-04-23,2.62442,2.66058,2.62442,2.64231,
EXC,1991-04-24,2.64231,2.66058,2.62442,2.64231,
EXC,1991-04-25,2.62442,2.66058,2.61075,2.61075,
EXC,1991-04-26,2.61075,2.64231,2.59268,2.62442,
EXC,1991-04-29,2.62442,2.67876,2.62442,2.62442,
EXC,1991-04-30,2.64231,2.67876,2.62442,2.64231,
EXC,1991-05-01,2.64231,2.70611,2.64231,2.69214,
EXC,1991-05-02,2.69214,2.70611,2.61075,2.67876,
EXC,1991-05-03,2.67876,2.69214,2.66058,2.67876,
EXC,1991-05-06,2.66058,2.67876,2.62442,2.64231,
EXC,1991-05-07,2.64231,2.66058,2.61075,2.62442,
EXC,1991-05-08,2.62442,2.66058,2.59268,2.66058,
EXC,1991-05-09,2.64231,2.66058,2.62442,2.64231,
EXC,1991-05-10,2.62442,2.64231,2.59268,2.61075,
EXC,1991-05-13,2.62442,2.66058,2.61075,2.66058,
EXC,1991-05-14,2.64231,2.66058,2.62442,2.66058,
EXC,1991-05-15,2.66058,2.69214,2.64231,2.69214,
EXC,1991-05-16,2.70161,2.70161,2.66518,2.68335,
EXC,1991-05-17,2.66518,2.70161,2.64709,2.68335,
EXC,1991-05-20,2.68335,2.70161,2.66518,2.66518,
EXC,1991-05-21,2.66518,2.68335,2.66518,2.68335,
EXC,1991-05-22,2.66518,2.70161,2.66518,2.68335,
EXC,1991-05-23,2.68335,2.70161,2.64709,2.66518,
EXC,1991-05-24,2.66518,2.68335,2.64709,2.66518,
EXC,1991-05-28,2.66518,2.70161,2.64709,2.68335,
EXC,1991-05-29,2.70161,2.70161,2.68335,2.70161,
EXC,1991-05-30,2.70161,2.7149,2.68335,2.7149,
EXC,1991-05-31,2.7149,2.7149,2.64709,2.68335,
EXC,1991-06-03,2.66518,2.66518,2.64709,2.64709,
EXC,1991-06-04,2.64709,2.66518,2.60157,2.64709,
EXC,1991-06-05,2.64709,2.64709,2.61554,2.61554,
EXC,1991-06-06,2.63332,2.63332,2.61554,2.63332,
EXC,1991-06-07,2.63332,2.63332,2.61554,2.63332,
EXC,1991-06-10,2.61554,2.64709,2.61554,2.61554,
EXC,1991-06-11,2.63332,2.64709,2.61554,2.63332,
EXC,1991-06-12,2.63332,2.63332,2.60157,2.60157,
EXC,1991-06-13,2.60157,2.66518,2.60157,2.66518,
EXC,1991-06-14,2.66518,2.68335,2.64709,2.68335,
EXC,1991-06-17,2.68335,2.70161,2.66518,2.68335,
EXC,1991-06-18,2.68335,2.7149,2.68335,2.70161,
EXC,1991-06-19,2.68335,2.68335,2.64709,2.66518,
EXC,1991-06-20,2.66518,2.70161,2.66518,2.70161,
EXC,1991-06-21,2.70161,2.70161,2.68335,2.70161,
EXC,1991-06-24,2.70161,2.70161,2.68335,2.70161,
EXC,1991-06-25,2.70161,2.70161,2.68335,2.70161,
EXC,1991-06-26,2.70161,2.7149,2.68335,2.7149,
EXC,1991-06-27,2.70161,2.7149,2.68335,2.70161,
EXC,1991-06-28,2.68335,2.70161,2.64709,2.66518,
EXC,1991-07-01,2.68335,2.7149,2.66518,2.7149,
EXC,1991-07-02,2.70161,2.7149,2.68335,2.68335,
EXC,1991-07-03,2.68335,2.70161,2.66518,2.70161,
EXC,1991-07-05,2.70161,2.7149,2.68335,2.7149,
EXC,1991-07-08,2.70161,2.7149,2.68335,2.7149,
EXC,1991-07-09,2.7149,2.73317,2.70161,2.7149,
EXC,1991-07-10,2.7149,2.73317,2.64709,2.66518,
EXC,1991-07-11,2.68335,2.70161,2.66518,2.68335,
EXC,1991-07-12,2.68335,2.7149,2.68335,2.7149,
EXC,1991-07-15,2.70161,2.73317,2.70161,2.73317,
EXC,1991-07-16,2.7149,2.73317,2.7149,2.73317,
EXC,1991-07-17,2.7149,2.73317,2.7149,2.7149,
EXC,1991-07-18,2.7149,2.75134,2.7149,2.75134,
EXC,1991-07-19,2.75134,2.75134,2.7149,2.7149,
EXC,1991-07-22,2.7149,2.73317,2.70161,2.70161,
EXC,1991-07-23,2.7149,2.73317,2.70161,2.7149,
EXC,1991-07-24,2.7149,2.73317,2.70161,2.7149,
EXC,1991-07-25,2.70161,2.7149,2.68335,2.7149,
EXC,1991-07-26,2.70161,2.7149,2.68335,2.70161,
EXC,1991-07-29,2.7149,2.76483,2.70161,2.76483,
EXC,1991-07-30,2.76483,2.79629,2.75134,2.7787,
EXC,1991-07-31,2.7787,2.79629,2.75134,2.76483,
EXC,1991-08-01,2.76483,2.76483,2.73317,2.75134,
EXC,1991-08-02,2.76483,2.76483,2.73317,2.75134,
EXC,1991-08-05,2.76483,2.76483,2.73317,2.73317,
EXC,1991-08-06,2.73317,2.7787,2.73317,2.7787,
EXC,1991-08-07,2.7787,2.7787,2.73317,2.75134,
EXC,1991-08-08,2.75134,2.7787,2.75134,2.76483,
EXC,1991-08-09,2.7787,2.7787,2.75134,2.7787,
EXC,1991-08-12,2.76483,2.7787,2.73317,2.76483,
EXC,1991-08-13,2.7787,2.79629,2.76483,2.7787,
EXC,1991-08-14,2.76483,2.81485,2.76483,2.76483,
EXC,1991-08-15,2.77382,2.7875,2.75594,2.75594,
EXC,1991-08-16,2.77382,2.80567,2.75594,2.7875,
EXC,1991-08-19,2.75594,2.77382,2.66948,2.75594,
EXC,1991-08-20,2.7875,2.7875,2.77382,2.7875,
EXC,1991-08-21,2.7875,2.83742,2.7875,2.83742,
EXC,1991-08-22,2.81915,2.87357,2.81915,2.87357,
EXC,1991-08-23,2.85541,2.89145,2.85541,2.87357,
EXC,1991-08-26,2.87357,2.87357,2.85541,2.87357,
EXC,1991-08-27,2.85541,2.87357,2.83742,2.85541,
EXC,1991-08-28,2.83742,2.89145,2.83742,2.89145,
EXC,1991-08-29,2.87357,2.87357,2.83742,2.83742,
EXC,1991-08-30,2.83742,2.87357,2.81915,2.85541,
EXC,1991-09-03,2.85541,2.89145,2.85541,2.89145,
EXC,1991-09-04,2.87357,2.89145,2.87357,2.87357,
EXC,1991-09-05,2.87357,2.89145,2.87357,2.89145,
EXC,1991-09-06,2.87357,2.90522,2.87357,2.87357,
EXC,1991-09-09,2.87357,2.89145,2.87357,2.89145,
EXC,1991-09-10,2.89145,2.9236,2.87357,2.9236,
EXC,1991-09-11,2.90522,2.95975,2.90522,2.94177,
EXC,1991-09-12,2.94177,2.97343,2.94177,2.94177,
EXC,1991-09-13,2.94177,2.95975,2.9236,2.94177,
EXC,1991-09-16,2.95975,2.95975,2.94177,2.95975,
EXC,1991-09-17,2.95975,2.97343,2.94177,2.94177,
EXC,1991-09-18,2.94177,2.95975,2.9236,2.94177,
EXC,1991-09-19,2.9236,2.98701,2.9236,2.95975,
EXC,1991-09-20,3.00518,3.00518,2.97343,3.00518,
EXC,1991-09-23,2.98701,3.00518,2.97343,3.00518,
EXC,1991-09-24,2.98701,3.02336,2.98701,3.00518,
EXC,1991-09-25,3.00518,3.04153,3.00518,3.04153,
EXC,1991-09-26,3.04153,3.04153,3.02336,3.04153,
EXC,1991-09-27,3.04153,3.07748,3.02336,3.02336,
EXC,1991-09-30,3.00518,3.04153,2.98701,3.04153,
EXC,1991-10-01,3.04153,3.0595,3.02336,3.02336,
EXC,1991-10-02,3.02336,3.0595,3.02336,3.04153,
EXC,1991-10-03,3.04153,3.09106,3.04153,3.07748,
EXC,1991-10-04,3.09106,3.12272,3.07748,3.10923,
EXC,1991-10-07,3.10923,3.10923,3.0595,3.07748,
EXC,1991-10-08,3.07748,3.10923,3.07748,3.09106,
EXC,1991-10-09,3.09106,3.09106,3.0595,3.0595,
EXC,1991-10-10,3.0595,3.07748,2.98701,3.00518,
EXC,1991-10-11,3.02336,3.02336,2.97343,2.98701,
EXC,1991-10-14,3.02336,3.09106,3.02336,3.07748,
EXC,1991-10-15,3.09106,3.09106,3.0595,3.09106,
EXC,1991-10-16,3.09106,3.12272,3.07748,3.12272,
EXC,1991-10-17,3.09106,3.12272,3.07748,3.09106,
EXC,1991-10-18,3.09106,3.09106,3.04153,3.07748,
EXC,1991-10-21,3.0595,3.07748,3.04153,3.0595,
EXC,1991-10-22,3.0595,3.07748,3.04153,3.0595,
EXC,1991-10-23,3.07748,3.09106,3.0595,3.09106,
EXC,1991-10-24,3.07748,3.10923,3.07748,3.09106,
EXC,1991-10-25,3.07748,3.12272,3.07748,3.10923,
EXC,1991-10-28,3.10923,3.17274,3.10923,3.15936,
EXC,1991-10-29,3.15936,3.17274,3.15936,3.17274,
EXC,1991-10-30,3.15936,3.19092,3.15936,3.15936,
EXC,1991-10-31,3.17274,3.19092,3.15936,3.19092,
EXC,1991-11-01,3.19092,3.19092,3.10923,3.12272,
EXC,1991-11-04,3.12272,3.14099,3.10923,3.14099,
EXC,1991-11-05,3.12272,3.15936,3.12272,3.14099,
EXC,1991-11-06,3.13659,3.20449,3.13659,3.16845,
EXC,1991-11-07,3.16845,3.23626,3.16845,3.23626,
EXC,1991-11-08,3.23626,3.26821,3.22287,3.23626,
EXC,1991-11-11,3.23626,3.28608,3.22287,3.26821,
EXC,1991-11-12,3.26821,3.32224,3.22287,3.25423,
EXC,1991-11-13,3.22287,3.23626,3.20449,3.23626,
EXC,1991-11-14,3.22287,3.22287,3.18642,3.18642,
EXC,1991-11-15,3.20449,3.22287,3.15467,3.15467,
EXC,1991-11-18,3.13659,3.20449,3.10045,3.18642,
EXC,1991-11-19,3.16845,3.16845,3.10045,3.15467,
EXC,1991-11-20,3.16845,3.20449,3.15467,3.18642,
EXC,1991-11-21,3.16845,3.22287,3.16845,3.20449,
EXC,1991-11-22,3.18642,3.20449,3.13659,3.15467,
EXC,1991-11-25,3.15467,3.20449,3.15467,3.20449,
EXC,1991-11-26,3.20449,3.23626,3.16845,3.23626,
EXC,1991-11-27,3.23626,3.30435,3.22287,3.30435,
EXC,1991-11-29,3.30435,3.30435,3.28608,3.30435,
EXC,1991-12-02,3.25423,3.32224,3.22287,3.32224,
EXC,1991-12-03,3.30435,3.32224,3.28608,3.30435,
EXC,1991-12-04,3.30435,3.30435,3.20449,3.25423,
EXC,1991-12-05,3.23626,3.26821,3.22287,3.23626,
EXC,1991-12-06,3.23626,3.26821,3.23626,3.26821,
EXC,1991-12-09,3.26821,3.26821,3.23626,3.25423,
EXC,1991-12-10,3.25423,3.26821,3.23626,3.23626,
EXC,1991-12-11,3.23626,3.30435,3.23626,3.30435,
EXC,1991-12-12,3.32224,3.3404,3.30435,3.3404,
EXC,1991-12-13,3.3404,3.3404,3.30435,3.32224,
EXC,1991-12-16,3.32224,3.32224,3.22287,3.22287,
EXC,1991-12-17,3.23626,3.26821,3.22287,3.23626,
EXC,1991-12-18,3.23626,3.28608,3.23626,3.28608,
EXC,1991-12-19,3.26821,3.30435,3.26821,3.26821,
EXC,1991-12-20,3.3404,3.39053,3.30435,3.37225,
EXC,1991-12-23,3.37225,3.40382,3.35838,3.40382,
EXC,1991-12-24,3.39053,3.45844,3.39053,3.45844,
EXC,1991-12-26,3.44026,3.45844,3.44026,3.45844,
EXC,1991-12-27,3.44026,3.49458,3.44026,3.49458,
EXC,1991-12-30,3.47622,3.52634,3.44026,3.52634,
EXC,1991-12-31,3.51286,3.54441,3.47622,3.52634,
EXC,1992-01-02,3.51286,3.52634,3.47622,3.47622,
EXC,1992-01-03,3.47622,3.51286,3.47622,3.51286,
EXC,1992-01-06,3.49458,3.49458,3.44026,3.47622,
EXC,1992-01-07,3.47622,3.47622,3.44026,3.47622,
EXC,1992-01-08,3.44026,3.49458,3.42229,3.47622,
EXC,1992-01-09,3.47622,3.51286,3.3404,3.37225,
EXC,1992-01-10,3.37225,3.39053,3.25423,3.28608,
EXC,1992-01-13,3.25423,3.25423,3.20449,3.25423,
EXC,1992-01-14,3.25423,3.30435,3.23626,3.30435,
EXC,1992-01-15,3.30435,3.30435,3.22287,3.25423,
EXC,1992-01-16,3.23626,3.25423,3.13659,3.16845,
EXC,1992-01-17,3.18642,3.20449,3.08237,3.10045,
EXC,1992-01-20,3.13659,3.22287,3.11833,3.22287,
EXC,1992-01-21,3.20449,3.23626,3.18642,3.22287,
EXC,1992-01-22,3.23626,3.28608,3.22287,3.28608,
EXC,1992-01-23,3.28608,3.28608,3.23626,3.26821,
EXC,1992-01-24,3.25423,3.30435,3.25423,3.26821,
EXC,1992-01-27,3.26821,3.26821,3.25423,3.26821,
EXC,1992-01-28,3.28608,3.32224,3.26821,3.28608,
EXC,1992-01-29,3.26821,3.30435,3.25423,3.26821,
EXC,1992-01-30,3.25423,3.28608,3.23626,3.28608,
EXC,1992-01-31,3.28608,3.32224,3.26821,3.32224,
EXC,1992-02-03,3.30435,3.32224,3.26821,3.28608,
EXC,1992-02-04,3.26821,3.28608,3.25423,3.26821,
EXC,1992-02-05,3.26821,3.30435,3.26821,3.30435,
EXC,1992-02-06,3.30435,3.30435,3.23626,3.26821,
EXC,1992-02-07,3.25423,3.26821,3.23626,3.23626,
EXC,1992-02-10,3.23626,3.30435,3.23626,3.30435,
EXC,1992-02-11,3.28608,3.39053,3.28608,3.39053,
EXC,1992-02-12,3.37225,3.39053,3.35838,3.37225,
EXC,1992-02-13,3.37225,3.37225,3.28608,3.32224,
EXC,1992-02-14,3.35838,3.37225,3.3404,3.37225,
EXC,1992-02-18,3.3404,3.35838,3.26821,3.28608,
EXC,1992-02-19,3.32224,3.3404,3.26821,3.30435,
EXC,1992-02-20,3.29966,3.33592,3.28168,3.33592,
EXC,1992-02-21,3.31794,3.33592,3.28168,3.28168,
EXC,1992-02-24,3.28168,3.28168,3.24544,3.28168,
EXC,1992-02-25,3.28168,3.33592,3.26331,3.33592,
EXC,1992-02-26,3.33592,3.36786,3.31794,3.36786,
EXC,1992-02-27,3.36786,3.38115,3.36786,3.38115,
EXC,1992-02-28,3.36786,3.38115,3.34988,3.38115,
EXC,1992-03-02,3.36786,3.38115,3.33592,3.33592,
EXC,1992-03-03,3.34988,3.36786,3.33592,3.33592,
EXC,1992-03-04,3.33592,3.34988,3.29966,3.33592,
EXC,1992-03-05,3.33592,3.34988,3.31794,3.34988,
EXC,1992-03-06,3.31794,3.33592,3.29966,3.29966,
EXC,1992-03-09,3.31794,3.33592,3.29966,3.33592,
EXC,1992-03-10,3.33592,3.39951,3.33592,3.36786,
EXC,1992-03-11,3.34988,3.36786,3.31794,3.33592,
EXC,1992-03-12,3.31794,3.34988,3.29966,3.31794,
EXC,1992-03-13,3.31794,3.33592,3.29966,3.31794,
EXC,1992-03-16,3.31794,3.34988,3.31794,3.33592,
EXC,1992-03-17,3.31794,3.33592,3.28168,3.29966,
EXC,1992-03-18,3.29966,3.29966,3.28168,3.29966,
EXC,1992-03-19,3.29966,3.33592,3.29966,3.31794,
EXC,1992-03-20,3.31794,3.38115,3.31794,3.38115,
EXC,1992-03-23,3.36786,3.36786,3.34988,3.34988,
EXC,1992-03-24,3.34988,3.38115,3.34988,3.34988,
EXC,1992-03-25,3.34988,3.36786,3.33592,3.33592,
EXC,1992-03-26,3.33592,3.34988,3.31794,3.34988,
EXC,1992-03-27,3.33592,3.36786,3.33592,3.34988,
EXC,1992-03-30,3.33592,3.36786,3.33592,3.34988,
EXC,1992-03-31,3.34988,3.39951,3.34988,3.39951,
EXC,1992-04-01,3.38115,3.43567,3.36786,3.43567,
EXC,1992-04-02,3.41739,3.53981,3.39951,3.52175,
EXC,1992-04-03,3.49019,3.50836,3.47211,3.49019,
EXC,1992-04-06,3.49019,3.50836,3.45394,3.45394,
EXC,1992-04-07,3.47211,3.47211,3.43567,3.43567,
EXC,1992-04-08,3.43567,3.47211,3.43567,3.45394,
EXC,1992-04-09,3.45394,3.52175,3.45394,3.52175,
EXC,1992-04-10,3.55789,3.58994,3.53981,3.58994,
EXC,1992-04-13,3.57166,3.58994,3.52175,3.55789,
EXC,1992-04-14,3.53981,3.55789,3.52175,3.52175,
EXC,1992-04-15,3.53981,3.55789,3.50836,3.55789,
EXC,1992-04-16,3.55789,3.58994,3.55789,3.58994,
EXC,1992-04-20,3.55789,3.57166,3.47211,3.49019,
EXC,1992-04-21,3.50836,3.53981,3.50836,3.50836,
EXC,1992-04-22,3.50836,3.55789,3.49019,3.55789,
EXC,1992-04-23,3.53981,3.55789,3.52175,3.55789,
EXC,1992-04-24,3.53981,3.55789,3.49019,3.49019,
EXC,1992-04-27,3.49019,3.50836,3.47211,3.49019,
EXC,1992-04-28,3.49019,3.53981,3.49019,3.53981,
EXC,1992-04-29,3.53981,3.53981,3.50836,3.53981,
EXC,1992-04-30,3.53981,3.6259,3.53981,3.6259,
EXC,1992-05-01,3.60772,3.60772,3.57166,3.58994,
EXC,1992-05-04,3.57166,3.65795,3.57166,3.64407,
EXC,1992-05-05,3.60772,3.64407,3.58994,3.60772,
EXC,1992-05-06,3.60772,3.60772,3.55789,3.57166,
EXC,1992-05-07,3.58994,3.58994,3.50836,3.53981,
EXC,1992-05-08,3.52175,3.60772,3.50836,3.58994,
EXC,1992-05-11,3.58994,3.6259,3.57166,3.60772,
EXC,1992-05-12,3.58994,3.58994,3.53981,3.55789,
EXC,1992-05-13,3.53981,3.58994,3.53981,3.57166,
EXC,1992-05-14,3.55789,3.57166,3.53981,3.57166,
EXC,1992-05-15,3.57166,3.60772,3.55789,3.60772,
EXC,1992-05-18,3.58994,3.60772,3.58994,3.60772,
EXC,1992-05-19,3.60772,3.64407,3.60772,3.64407,
EXC,1992-05-20,3.63967,3.65315,3.58534,3.63967,
EXC,1992-05-21,3.63967,3.63967,3.60362,3.60362,
EXC,1992-05-22,3.60362,3.60362,3.58534,3.58534,
EXC,1992-05-26,3.56708,3.58534,3.53093,3.54901,
EXC,1992-05-27,3.54901,3.58534,3.54901,3.54901,
EXC,1992-05-28,3.56708,3.60362,3.54901,3.60362,
EXC,1992-05-29,3.58534,3.60362,3.54901,3.56708,
EXC,1992-06-01,3.56708,3.58534,3.54901,3.56708,
EXC,1992-06-02,3.58534,3.58534,3.56708,3.56708,
EXC,1992-06-03,3.58534,3.58534,3.56708,3.56708,
EXC,1992-06-04,3.58534,3.58534,3.53093,3.53093,
EXC,1992-06-05,3.54901,3.58534,3.51286,3.58534,
EXC,1992-06-08,3.58534,3.60362,3.56708,3.60362,
EXC,1992-06-09,3.6215,3.6215,3.58534,3.60362,
EXC,1992-06-10,3.58534,3.60362,3.56708,3.56708,
EXC,1992-06-11,3.56708,3.58534,3.53093,3.54901,
EXC,1992-06-12,3.58534,3.60362,3.54901,3.60362,
EXC,1992-06-15,3.58534,3.63967,3.58534,3.63967,
EXC,1992-06-16,3.63967,3.65315,3.6215,3.6215,
EXC,1992-06-17,3.6215,3.63967,3.56708,3.56708,
EXC,1992-06-18,3.56708,3.60362,3.54901,3.58534,
EXC,1992-06-19,3.58534,3.63967,3.58534,3.63967,
EXC,1992-06-22,3.6215,3.67143,3.6215,3.65315,
EXC,1992-06-23,3.67143,3.68951,3.65315,3.65315,
EXC,1992-06-24,3.67143,3.68951,3.63967,3.65315,
EXC,1992-06-25,3.67143,3.67143,3.63967,3.65315,
EXC,1992-06-26,3.65315,3.67143,3.63967,3.63967,
EXC,1992-06-29,3.65315,3.67143,3.63967,3.67143,
EXC,1992-06-30,3.67143,3.72116,3.65315,3.68951,
EXC,1992-07-01,3.68951,3.70738,3.67143,3.70738,
EXC,1992-07-02,3.70738,3.74372,3.68951,3.72116,
EXC,1992-07-06,3.70738,3.72116,3.67143,3.70738,
EXC,1992-07-07,3.67143,3.72116,3.67143,3.72116,
EXC,1992-07-08,3.70738,3.74372,3.70738,3.74372,
EXC,1992-07-09,3.74372,3.74372,3.68951,3.72116,
EXC,1992-07-10,3.70738,3.72116,3.70738,3.72116,
EXC,1992-07-13,3.70738,3.72116,3.68951,3.70738,
EXC,1992-07-14,3.70738,3.70738,3.68951,3.70738,
EXC,1992-07-15,3.68951,3.70738,3.67143,3.68951,
EXC,1992-07-16,3.67143,3.67143,3.63967,3.67143,
EXC,1992-07-17,3.67143,3.67143,3.63967,3.65315,
EXC,1992-07-20,3.63967,3.63967,3.60362,3.6215,
EXC,1992-07-21,3.6215,3.63967,3.54901,3.56708,
EXC,1992-07-22,3.54901,3.56708,3.53093,3.56708,
EXC,1992-07-23,3.54901,3.60362,3.54901,3.58534,
EXC,1992-07-24,3.56708,3.60362,3.56708,3.60362,
EXC,1992-07-27,3.58534,3.63967,3.58534,3.6215,
EXC,1992-07-28,3.6215,3.65315,3.60362,3.63967,
EXC,1992-07-29,3.63967,3.68951,3.63967,3.67143,
EXC,1992-07-30,3.67143,3.67143,3.60362,3.60362,
EXC,1992-07-31,3.60362,3.65315,3.60362,3.63967,
EXC,1992-08-03,3.63967,3.63967,3.60362,3.63967,
EXC,1992-08-04,3.6215,3.6215,3.58534,3.60362,
EXC,1992-08-05,3.60362,3.60362,3.54901,3.54901,
EXC,1992-08-06,3.56708,3.58534,3.54901,3.58534,
EXC,1992-08-07,3.56708,3.60362,3.56708,3.56708,
EXC,1992-08-10,3.56708,3.56708,3.53093,3.54901,
EXC,1992-08-11,3.53093,3.58534,3.53093,3.56708,
EXC,1992-08-12,3.56708,3.58534,3.56708,3.58534,
EXC,1992-08-13,3.58534,3.60362,3.56708,3.58534,
EXC,1992-08-14,3.60362,3.63967,3.58534,3.63967,
EXC,1992-08-17,3.6215,3.63967,3.60362,3.60362,
EXC,1992-08-18,3.58534,3.6215,3.58534,3.6215,
EXC,1992-08-19,3.6215,3.65315,3.6215,3.63967,
EXC,1992-08-20,3.63059,3.72116,3.63059,3.69859,
EXC,1992-08-21,3.69859,3.72116,3.64407,3.69859,
EXC,1992-08-24,3.68042,3.69859,3.66693,3.69859,
EXC,1992-08-25,3.69859,3.72116,3.68042,3.72116,
EXC,1992-08-26,3.69859,3.72116,3.69859,3.72116,
EXC,1992-08-27,3.72116,3.73494,3.69859,3.69859,
EXC,1992-08-28,3.72116,3.72116,3.68042,3.69859,
EXC,1992-08-31,3.68042,3.69859,3.63059,3.64407,
EXC,1992-09-01,3.64407,3.68042,3.61232,3.64407,
EXC,1992-09-02,3.66693,3.66693,3.63059,3.66693,
EXC,1992-09-03,3.66693,3.66693,3.64407,3.64407,
EXC,1992-09-04,3.64407,3.68042,3.64407,3.64407,
EXC,1992-09-08,3.64407,3.68042,3.64407,3.68042,
EXC,1992-09-09,3.68042,3.77109,3.68042,3.73494,
EXC,1992-09-10,3.73494,3.7531,3.69859,3.72116,
EXC,1992-09-11,3.72116,3.72116,3.68042,3.69859,
EXC,1992-09-14,3.72116,3.73494,3.69859,3.69859,
EXC,1992-09-15,3.68042,3.69859,3.64407,3.66693,
EXC,1992-09-16,3.63059,3.72116,3.63059,3.69859,
EXC,1992-09-17,3.69859,3.72116,3.61232,3.63059,
EXC,1992-09-18,3.63059,3.63059,3.59434,3.61232,
EXC,1992-09-21,3.59434,3.61232,3.57607,3.57607,
EXC,1992-09-22,3.57607,3.59434,3.55789,3.57607,
EXC,1992-09-23,3.57607,3.59434,3.53981,3.55789,
EXC,1992-09-24,3.57607,3.64407,3.55789,3.64407,
EXC,1992-09-25,3.64407,3.64407,3.63059,3.63059,
EXC,1992-09-28,3.63059,3.66693,3.63059,3.64407,
EXC,1992-09-29,3.63059,3.69859,3.63059,3.68042,
EXC,1992-09-30,3.69859,3.7531,3.69859,3.73494,
EXC,1992-10-01,3.72116,3.73494,3.68042,3.68042,
EXC,1992-10-02,3.68042,3.69859,3.66693,3.68042,
EXC,1992-10-05,3.66693,3.68042,3.61232,3.68042,
EXC,1992-10-06,3.66693,3.69859,3.63059,3.63059,
EXC,1992-10-07,3.63059,3.64407,3.61232,3.63059,
EXC,1992-10-08,3.63059,3.66693,3.63059,3.66693,
EXC,1992-10-09,3.64407,3.64407,3.61232,3.63059,
EXC,1992-10-12,3.64407,3.66693,3.63059,3.66693,
EXC,1992-10-13,3.64407,3.72116,3.64407,3.72116,
EXC,1992-10-14,3.69859,3.72116,3.68042,3.69859,
EXC,1992-10-15,3.68042,3.69859,3.68042,3.68042,
EXC,1992-10-16,3.68042,3.69859,3.68042,3.69859,
EXC,1992-10-19,3.68042,3.72116,3.66693,3.66693,
EXC,1992-10-20,3.68042,3.68042,3.64407,3.68042,
EXC,1992-10-21,3.68042,3.68042,3.64407,3.66693,
EXC,1992-10-22,3.66693,3.68042,3.64407,3.66693,
EXC,1992-10-23,3.66693,3.66693,3.64407,3.66693,
EXC,1992-10-26,3.66693,3.68042,3.61232,3.64407,
EXC,1992-10-27,3.64407,3.69859,3.64407,3.68042,
EXC,1992-10-28,3.68042,3.72116,3.68042,3.69859,
EXC,1992-10-29,3.69859,3.73494,3.68042,3.72116,
EXC,1992-10-30,3.72116,3.73494,3.69859,3.73494,
EXC,1992-11-02,3.73494,3.77109,3.72116,3.7531,
EXC,1992-11-03,3.77109,3.78887,3.7531,3.78887,
EXC,1992-11-04,3.77109,3.77109,3.72116,3.72116,
EXC,1992-11-05,3.71676,3.71676,3.65795,3.694,
EXC,1992-11-06,3.694,3.73034,3.694,3.73034,
EXC,1992-11-09,3.73034,3.7665,3.71676,3.7531,
EXC,1992-11-10,3.73034,3.7531,3.694,3.694,
EXC,1992-11-11,3.694,3.73034,3.694,3.73034,
EXC,1992-11-12,3.7665,3.7665,3.694,3.7531,
EXC,1992-11-13,3.7531,3.7665,3.694,3.73034,
EXC,1992-11-16,3.73034,3.73034,3.694,3.73034,
EXC,1992-11-17,3.71676,3.73034,3.71676,3.71676,
EXC,1992-11-18,3.73034,3.7665,3.73034,3.7531,
EXC,1992-11-19,3.7531,3.7665,3.73034,3.7531,
EXC,1992-11-20,3.80284,3.80284,3.7531,3.7665,
EXC,1992-11-23,3.7665,3.78887,3.73034,3.78887,
EXC,1992-11-24,3.7665,3.78887,3.73034,3.73034,
EXC,1992-11-25,3.7531,3.7531,3.694,3.71676,
EXC,1992-11-27,3.71676,3.7665,3.71676,3.7531,
EXC,1992-11-30,3.7531,3.7665,3.694,3.73034,
EXC,1992-12-01,3.73034,3.73034,3.694,3.73034,
EXC,1992-12-02,3.71676,3.73034,3.68042,3.71676,
EXC,1992-12-03,3.71676,3.71676,3.65795,3.65795,
EXC,1992-12-04,3.68042,3.68042,3.6259,3.65795,
EXC,1992-12-07,3.65795,3.65795,3.6259,3.65795,
EXC,1992-12-08,3.64407,3.694,3.6259,3.694,
EXC,1992-12-09,3.694,3.71676,3.65795,3.694,
EXC,1992-12-10,3.694,3.71676,3.68042,3.71676,
EXC,1992-12-11,3.694,3.71676,3.64407,3.694,
EXC,1992-12-14,3.694,3.694,3.68042,3.68042,
EXC,1992-12-15,3.68042,3.694,3.65795,3.68042,
EXC,1992-12-16,3.68042,3.71676,3.65795,3.65795,
EXC,1992-12-17,3.68042,3.71676,3.65795,3.71676,
EXC,1992-12-18,3.73034,3.80284,3.71676,3.78887,
EXC,1992-12-21,3.7665,3.78887,3.73034,3.7531,
EXC,1992-12-22,3.73034,3.78887,3.73034,3.7531,
EXC,1992-12-23,3.7665,3.83879,3.7665,3.83879,
EXC,1992-12-24,3.83879,3.83879,3.82091,3.83879,
EXC,1992-12-28,3.82091,3.83879,3.78887,3.80284,
EXC,1992-12-29,3.82091,3.83879,3.78887,3.80284,
EXC,1992-12-30,3.78887,3.80284,3.7531,3.7531,
EXC,1992-12-31,3.7531,3.7665,3.73034,3.7531,
EXC,1993-01-04,3.7665,3.7665,3.7531,3.7665,
EXC,1993-01-05,3.7531,3.7531,3.71676,3.7531,
EXC,1993-01-06,3.73034,3.7665,3.73034,3.7531,
EXC,1993-01-07,3.7531,3.78887,3.71676,3.73034,
EXC,1993-01-08,3.694,3.73034,3.65795,3.71676,
EXC,1993-01-11,3.73034,3.73034,3.694,3.71676,
EXC,1993-01-12,3.71676,3.73034,3.694,3.73034,
EXC,1993-01-13,3.73034,3.80284,3.71676,3.80284,
EXC,1993-01-14,3.80284,3.82091,3.65795,3.80284,
EXC,1993-01-15,3.82091,3.83879,3.78887,3.82091,
EXC,1993-01-18,3.82091,3.83879,3.80284,3.82091,
EXC,1993-01-19,3.82091,3.87534,3.80284,3.85726,
EXC,1993-01-20,3.85726,3.87534,3.83879,3.85726,
EXC,1993-01-21,3.83879,3.85726,3.82091,3.85726,
EXC,1993-01-22,3.85726,3.85726,3.82091,3.82091,
EXC,1993-01-25,3.82091,3.83879,3.80284,3.83879,
EXC,1993-01-26,3.82091,3.87534,3.80284,3.85726,
EXC,1993-01-27,3.87534,3.91178,3.87534,3.8937,
EXC,1993-01-28,3.91178,3.94793,3.8937,3.94793,
EXC,1993-01-29,3.94793,3.98418,3.92975,3.98418,
EXC,1993-02-01,3.96591,4.02052,3.96591,3.98418,
EXC,1993-02-02,4.00226,4.05648,4.00226,4.05648,
EXC,1993-02-03,4.07016,4.12936,4.05648,4.12936,
EXC,1993-02-04,4.12936,4.1791,4.1065,4.12936,
EXC,1993-02-05,4.12936,4.12936,4.02052,4.07016,
EXC,1993-02-08,4.09293,4.12936,4.05648,4.1065,
EXC,1993-02-09,4.09293,4.12936,4.07016,4.12936,
EXC,1993-02-10,4.1065,4.14266,4.09293,4.12936,
EXC,1993-02-11,4.14266,4.1791,4.12936,4.1791,
EXC,1993-02-12,4.16542,4.1791,4.12936,4.16542,
EXC,1993-02-16,4.14266,4.16542,4.1065,4.14266,
EXC,1993-02-17,4.12936,4.12936,4.1065,4.12936,
EXC,1993-02-18,4.13836,4.13836,4.10191,4.12477,
EXC,1993-02-19,4.13836,4.25159,4.13836,4.21085,
EXC,1993-02-22,4.21085,4.41476,4.21085,4.39668,
EXC,1993-02-23,4.39668,4.39668,4.25159,4.25159,
EXC,1993-02-24,4.26967,4.30602,4.23323,4.25159,
EXC,1993-02-25,4.26967,4.28804,4.23323,4.26967,
EXC,1993-02-26,4.26967,4.28804,4.26967,4.28804,
EXC,1993-03-01,4.26967,4.30602,4.26967,4.30602,
EXC,1993-03-02,4.28804,4.324,4.26967,4.324,
EXC,1993-03-03,4.30602,4.324,4.25159,4.26967,
EXC,1993-03-04,4.28804,4.324,4.26967,4.28804,
EXC,1993-03-05,4.28804,4.30602,4.1744,4.1744,
EXC,1993-03-08,4.21085,4.28804,4.19717,4.26967,
EXC,1993-03-09,4.25159,4.324,4.25159,4.30602,
EXC,1993-03-10,4.28804,4.324,4.28804,4.30602,
EXC,1993-03-11,4.324,4.34226,4.30602,4.324,
EXC,1993-03-12,4.28804,4.28804,4.26967,4.28804,
EXC,1993-03-15,4.26967,4.30602,4.23323,4.26967,
EXC,1993-03-16,4.26967,4.324,4.25159,4.324,
EXC,1993-03-17,4.30602,4.30602,4.26967,4.26967,
EXC,1993-03-18,4.28804,4.324,4.26967,4.324,
EXC,1993-03-19,4.34226,4.34226,4.28804,4.30602,
EXC,1993-03-22,4.28804,4.30602,4.26967,4.30602,
EXC,1993-03-23,4.30602,4.30602,4.26967,4.26967,
EXC,1993-03-24,4.26967,4.28804,4.25159,4.26967,
EXC,1993-03-25,4.28804,4.37841,4.26967,4.36015,
EXC,1993-03-26,4.36015,4.36015,4.28804,4.30602,
EXC,1993-03-29,4.324,4.34226,4.30602,4.34226,
EXC,1993-03-30,4.324,4.34226,4.28804,4.30602,
EXC,1993-03-31,4.324,4.36015,4.324,4.36015,
EXC,1993-04-01,4.34226,4.36015,4.30602,4.324,
EXC,1993-04-02,4.30602,4.30602,4.26967,4.28804,
EXC,1993-04-05,4.28804,4.30602,4.26967,4.28804,
EXC,1993-04-06,4.28804,4.36015,4.26967,4.36015,
EXC,1993-04-07,4.36015,4.37841,4.34226,4.36015,
EXC,1993-04-08,4.36015,4.37841,4.34226,4.36015,
EXC,1993-04-12,4.37841,4.45101,4.36015,4.43284,
EXC,1993-04-13,4.46889,4.48715,4.45101,4.46889,
EXC,1993-04-14,4.48715,4.52331,4.46889,4.46889,
EXC,1993-04-15,4.48715,4.50543,4.46889,4.48715,
EXC,1993-04-16,4.50543,4.52331,4.46889,4.46889,
EXC,1993-04-19,4.43284,4.45101,4.37841,4.45101,
EXC,1993-04-20,4.43284,4.45101,4.39668,4.41476,
EXC,1993-04-21,4.43284,4.45101,4.34226,4.36015,
EXC,1993-04-22,4.34226,4.39668,4.324,4.324,
EXC,1993-04-23,4.324,4.324,4.25159,4.26967,
EXC,1993-04-26,4.26967,4.28804,4.25159,4.28804,
EXC,1993-04-27,4.26967,4.30602,4.25159,4.30602,
EXC,1993-04-28,4.30602,4.30602,4.25159,4.26967,
EXC,1993-04-29,4.25159,4.28804,4.23323,4.28804,
EXC,1993-04-30,4.28804,4.324,4.28804,4.324,
EXC,1993-05-03,4.30602,4.30602,4.23323,4.23323,
EXC,1993-05-04,4.26967,4.324,4.25159,4.324,
EXC,1993-05-05,4.30602,4.36015,4.30602,4.324,
EXC,1993-05-06,4.324,4.34226,4.30602,4.30602,
EXC,1993-05-07,4.30602,4.324,4.26967,4.30602,
EXC,1993-05-10,4.28804,4.324,4.28804,4.30602,
EXC,1993-05-11,4.28804,4.324,4.28804,4.324,
EXC,1993-05-12,4.30602,4.324,4.28804,4.30602,
EXC,1993-05-13,4.28804,4.28804,4.21085,4.21085,
EXC,1993-05-14,4.21085,4.25159,4.21085,4.23323,
EXC,1993-05-17,4.23323,4.25159,4.21085,4.25159,
EXC,1993-05-18,4.25159,4.25159,4.12477,4.13836,
EXC,1993-05-19,4.16103,4.1744,4.02961,4.1744,
EXC,1993-05-20,4.1744,4.1744,4.13836,4.1744,
EXC,1993-05-21,4.1744,4.21085,4.15634,4.19268,
EXC,1993-05-24,4.19268,4.24701,4.1744,4.1744,
EXC,1993-05-25,4.24701,4.324,4.22902,4.324,
EXC,1993-05-26,4.33768,4.43284,4.324,4.39668,
EXC,1993-05-27,4.40987,4.40987,4.33768,4.39668,
EXC,1993-05-28,4.37393,4.39668,4.36015,4.37393,
EXC,1993-06-01,4.37393,4.43284,4.36015,4.43284,
EXC,1993-06-02,4.40987,4.45101,4.39668,4.43284,
EXC,1993-06-03,4.40987,4.40987,4.37393,4.39668,
EXC,1993-06-04,4.37393,4.37393,4.33768,4.37393,
EXC,1993-06-07,4.37393,4.40987,4.36015,4.39668,
EXC,1993-06-08,4.40987,4.40987,4.28804,4.33768,
EXC,1993-06-09,4.36015,4.37393,4.33768,4.36015,
EXC,1993-06-10,4.36015,4.37393,4.324,4.36015,
EXC,1993-06-11,4.36015,4.39668,4.36015,4.37393,
EXC,1993-06-14,4.33768,4.36015,4.33768,4.33768,
EXC,1993-06-15,4.36015,4.37393,4.36015,4.37393,
EXC,1993-06-16,4.37393,4.39668,4.33768,4.39668,
EXC,1993-06-17,4.37393,4.39668,4.36015,4.39668,
EXC,1993-06-18,4.39668,4.40987,4.37393,4.37393,
EXC,1993-06-21,4.39668,4.40987,4.37393,4.40987,
EXC,1993-06-22,4.40987,4.40987,4.36015,4.37393,
EXC,1993-06-23,4.37393,4.46889,4.324,4.40987,
EXC,1993-06-24,4.43284,4.45101,4.40987,4.45101,
EXC,1993-06-25,4.45101,4.46889,4.43284,4.45101,
EXC,1993-06-28,4.45101,4.50543,4.43284,4.48715,
EXC,1993-06-29,4.46889,4.48715,4.40987,4.43284,
EXC,1993-06-30,4.43284,4.52331,4.43284,4.50543,
EXC,1993-07-01,4.52331,4.57802,4.46889,4.54139,
EXC,1993-07-02,4.54139,4.55976,4.50543,4.54139,
EXC,1993-07-06,4.54139,4.57802,4.54139,4.54139,
EXC,1993-07-07,4.55976,4.55976,4.52331,4.52331,
EXC,1993-07-08,4.52331,4.54139,4.48715,4.52331,
EXC,1993-07-09,4.54139,4.55976,4.54139,4.55976,
EXC,1993-07-12,4.54139,4.57802,4.54139,4.55976,
EXC,1993-07-13,4.57802,4.57802,4.52331,4.52331,
EXC,1993-07-14,4.52331,4.55976,4.50543,4.52331,
EXC,1993-07-15,4.54139,4.54139,4.52331,4.54139,
EXC,1993-07-16,4.54139,4.54139,4.52331,4.52331,
EXC,1993-07-19,4.54139,4.55976,4.52331,4.54139,
EXC,1993-07-20,4.52331,4.52331,4.46889,4.50543,
EXC,1993-07-21,4.48715,4.55976,4.48715,4.55976,
EXC,1993-07-22,4.54139,4.59581,4.52331,4.54139,
EXC,1993-07-23,4.54139,4.55976,4.52331,4.54139,
EXC,1993-07-26,4.54139,4.57802,4.52331,4.55976,
EXC,1993-07-27,4.55976,4.55976,4.54139,4.55976,
EXC,1993-07-28,4.55976,4.61858,4.54139,4.59581,
EXC,1993-07-29,4.61858,4.70484,4.59581,4.6685,
EXC,1993-07-30,4.6685,4.69136,4.59581,4.63225,
EXC,1993-08-02,4.63225,4.72752,4.61858,4.70484,
EXC,1993-08-03,4.70484,4.81809,4.70484,4.78183,
EXC,1993-08-04,4.78183,4.8001,4.76385,4.78183,
EXC,1993-08-05,4.78183,4.81809,4.78183,4.81809,
EXC,1993-08-06,4.81809,4.81809,4.7409,4.78183,
EXC,1993-08-09,4.78183,4.8001,4.76385,4.76385,
EXC,1993-08-10,4.7409,4.76385,4.72752,4.7409,
EXC,1993-08-11,4.76385,4.81809,4.7409,4.8001,
EXC,1993-08-12,4.81809,4.83616,4.76385,4.76385,
EXC,1993-08-13,4.76385,4.76385,4.7409,4.76385,
EXC,1993-08-16,4.76385,4.78183,4.7409,4.76385,
EXC,1993-08-17,4.76385,4.81809,4.7409,4.7409,
EXC,1993-08-18,4.7409,4.78183,4.7409,4.76385,
EXC,1993-08-19,4.7409,4.75897,4.7409,4.75897,
EXC,1993-08-20,4.75897,4.77733,4.7409,4.75897,
EXC,1993-08-23,4.75897,4.75897,4.71861,4.7409,
EXC,1993-08-24,4.7409,4.77733,4.71861,4.77733,
EXC,1993-08-25,4.79551,4.86791,4.77733,4.85414,
EXC,1993-08-26,4.86791,4.86791,4.83166,4.85414,
EXC,1993-08-27,4.83166,4.85414,4.79551,4.85414,
EXC,1993-08-30,4.85414,4.86791,4.77733,4.83166,
EXC,1993-08-31,4.81359,4.85414,4.81359,4.85414,
EXC,1993-09-01,4.85414,4.85414,4.79551,4.81359,
EXC,1993-09-02,4.79551,4.81359,4.77733,4.77733,
EXC,1993-09-03,4.77733,4.79551,4.75897,4.79551,
EXC,1993-09-07,4.77733,4.79551,4.70484,4.70484,
EXC,1993-09-08,4.71861,4.71861,4.68666,4.71861,
EXC,1993-09-09,4.70484,4.75897,4.68666,4.75897,
EXC,1993-09-10,4.75897,4.81359,4.7409,4.81359,
EXC,1993-09-13,4.81359,4.85414,4.81359,4.85414,
EXC,1993-09-14,4.83166,4.83166,4.79551,4.83166,
EXC,1993-09-15,4.81359,4.86791,4.79551,4.86791,
EXC,1993-09-16,4.85414,4.90436,4.83166,4.90436,
EXC,1993-09-17,4.83166,4.90436,4.83166,4.89058,
EXC,1993-09-20,4.89058,4.98134,4.89058,4.92713,
EXC,1993-09-21,4.92713,4.96317,4.89058,4.90436,
EXC,1993-09-22,4.90436,4.945,4.89058,4.92713,
EXC,1993-09-23,4.92713,4.92713,4.89058,4.90436,
EXC,1993-09-24,4.92713,4.92713,4.86791,4.86791,
EXC,1993-09-27,4.89058,4.90436,4.86791,4.86791,
EXC,1993-09-28,4.89058,4.89058,4.85414,4.89058,
EXC,1993-09-29,4.89058,4.89058,4.86791,4.86791,
EXC,1993-09-30,4.86791,4.89058,4.85414,4.86791,
EXC,1993-10-01,4.85414,4.86791,4.83166,4.86791,
EXC,1993-10-04,4.86791,4.89058,4.79551,4.79551,
EXC,1993-10-05,4.83166,4.83166,4.71861,4.77733,
EXC,1993-10-06,4.77733,4.81359,4.75897,4.77733,
EXC,1993-10-07,4.77733,4.77733,4.68666,4.68666,
EXC,1993-10-08,4.71861,4.7409,4.68666,4.70484,
EXC,1993-10-11,4.71861,4.71861,4.68666,4.71861,
EXC,1993-10-12,4.71861,4.71861,4.68666,4.68666,
EXC,1993-10-13,4.68666,4.70484,4.62756,4.6641,
EXC,1993-10-14,4.6641,4.7409,4.6641,4.70484,
EXC,1993-10-15,4.7409,4.81359,4.71861,4.77733,
EXC,1993-10-18,4.79551,4.79551,4.7409,4.77733,
EXC,1993-10-19,4.7409,4.79551,4.7409,4.75897,
EXC,1993-10-20,4.79551,4.79551,4.7409,4.77733,
EXC,1993-10-21,4.75897,4.77733,4.7409,4.75897,
EXC,1993-10-22,4.7409,4.81359,4.68666,4.70484,
EXC,1993-10-25,4.71861,4.7409,4.57334,4.62756,
EXC,1993-10-26,4.65043,4.70484,4.60967,4.6641,
EXC,1993-10-27,4.6641,4.68666,4.65043,4.6641,
EXC,1993-10-28,4.65043,4.70484,4.62756,4.6641,
EXC,1993-10-29,4.68666,4.71861,4.65043,4.65043,
EXC,1993-11-01,4.65043,4.6641,4.60967,4.62756,
EXC,1993-11-02,4.5915,4.5915,4.51451,4.51451,
EXC,1993-11-03,4.47817,4.47817,4.25599,4.35126,
EXC,1993-11-04,4.36483,4.42375,4.25159,4.28804,
EXC,1993-11-05,4.21505,4.28804,4.1744,4.27416,
EXC,1993-11-08,4.25159,4.27416,4.1744,4.23323,
EXC,1993-11-09,4.25159,4.28804,4.19717,4.19717,
EXC,1993-11-10,4.21505,4.23323,4.1744,4.19717,
EXC,1993-11-11,4.19717,4.19717,4.13836,4.13836,
EXC,1993-11-12,4.13836,4.19717,4.12008,4.1744,
EXC,1993-11-15,4.1744,4.19717,4.13836,4.19717,
EXC,1993-11-16,4.1744,4.31041,4.1744,4.28804,
EXC,1993-11-17,4.28804,4.31041,4.19717,4.19717,
EXC,1993-11-18,4.16103,4.19717,4.12008,4.19717,
EXC,1993-11-19,4.19717,4.19717,4.13836,4.16103,
EXC,1993-11-22,4.13836,4.1744,4.12008,4.16103,
EXC,1993-11-23,4.16103,4.23323,4.16103,4.21505,
EXC,1993-11-24,4.21505,4.23323,4.19717,4.21505,
EXC,1993-11-26,4.23323,4.23323,4.21505,4.21505,
EXC,1993-11-29,4.23323,4.27416,4.21505,4.23323,
EXC,1993-11-30,4.23323,4.23323,4.1744,4.23323,
EXC,1993-12-01,4.19717,4.23323,4.1744,4.1744,
EXC,1993-12-02,4.19717,4.23323,4.1744,4.23323,
EXC,1993-12-03,4.19717,4.21505,4.1744,4.1744,
EXC,1993-12-06,4.1744,4.25159,4.1744,4.25159,
EXC,1993-12-07,4.25159,4.31041,4.23323,4.31041,
EXC,1993-12-08,4.27416,4.27416,4.21505,4.21505,
EXC,1993-12-09,4.21505,4.27416,4.21505,4.25159,
EXC,1993-12-10,4.25159,4.28804,4.25159,4.25159,
EXC,1993-12-13,4.25159,4.324,4.23323,4.31041,
EXC,1993-12-14,4.31041,4.34686,4.27416,4.27416,
EXC,1993-12-15,4.28804,4.324,4.28804,4.31041,
EXC,1993-12-16,4.324,4.34686,4.31041,4.34686,
EXC,1993-12-17,4.34686,4.40108,4.324,4.38301,
EXC,1993-12-20,4.38301,4.4602,4.38301,4.4602,
EXC,1993-12-21,4.4602,4.49643,4.43743,4.49643,
EXC,1993-12-22,4.49643,4.55077,4.47817,4.55077,
EXC,1993-12-23,4.53719,4.55077,4.47817,4.49643,
EXC,1993-12-27,4.49643,4.5915,4.49643,4.5915,
EXC,1993-12-28,4.5915,4.6641,4.5915,4.6641,
EXC,1993-12-29,4.65043,4.6641,4.55077,4.60967,
EXC,1993-12-30,4.5915,4.60967,4.55077,4.60967,
EXC,1993-12-31,4.5915,4.60967,4.51451,4.55077,
EXC,1994-01-03,4.51451,4.51451,4.27416,4.40108,
EXC,1994-01-04,4.40108,4.42375,4.36483,4.40108,
EXC,1994-01-05,4.38301,4.38301,4.31041,4.36483,
EXC,1994-01-06,4.38301,4.38301,4.28804,4.31041,
EXC,1994-01-07,4.31041,4.324,4.27416,4.31041,
EXC,1994-01-10,4.324,4.34686,4.28804,4.28804,
EXC,1994-01-11,4.324,4.324,4.25159,4.25159,
EXC,1994-01-12,4.25159,4.28804,4.19717,4.21505,
EXC,1994-01-13,4.21505,4.23323,4.1744,4.21505,
EXC,1994-01-14,4.19717,4.21505,4.13836,4.1744,
EXC,1994-01-17,4.1744,4.19717,4.13836,4.16103,
EXC,1994-01-18,4.16103,4.1744,4.13836,4.13836,
EXC,1994-01-19,4.13836,4.1744,4.12008,4.16103,
EXC,1994-01-20,4.12008,4.1744,4.12008,4.16103,
EXC,1994-01-21,4.16103,4.1744,4.13836,4.16103,
EXC,1994-01-24,4.13836,4.16103,4.00674,4.10191,
EXC,1994-01-25,4.06118,4.13836,4.02492,4.13836,
EXC,1994-01-26,4.16103,4.23323,4.16103,4.23323,
EXC,1994-01-27,4.23323,4.43743,4.23323,4.36483,
EXC,1994-01-28,4.43743,4.4602,4.324,4.324,
EXC,1994-01-31,4.36483,4.36483,4.21505,4.34686,
EXC,1994-02-01,4.34686,4.34686,4.27416,4.27416,
EXC,1994-02-02,4.25159,4.27416,4.21505,4.25159,
EXC,1994-02-03,4.27416,4.27416,4.21505,4.25159,
EXC,1994-02-04,4.21505,4.23323,4.13836,4.13836,
EXC,1994-02-07,4.10191,4.19717,4.0475,4.1744,
EXC,1994-02-08,4.1744,4.1744,4.12008,4.1744,
EXC,1994-02-09,4.1744,4.25159,4.1744,4.1744,
EXC,1994-02-10,4.19717,4.23323,4.06118,4.10191,
EXC,1994-02-11,4.08393,4.16103,4.06118,4.12008,
EXC,1994-02-14,4.12008,4.16103,4.02492,4.08393,
EXC,1994-02-15,4.08393,4.13836,4.0475,4.0475,
EXC,1994-02-16,4.0475,4.0475,3.8937,3.94793,
EXC,1994-02-17,4.00674,4.02492,3.94793,3.94793,
EXC,1994-02-18,3.97061,3.98857,3.8937,3.8937,
EXC,1994-02-22,3.8937,4.08393,3.87075,4.00674,
EXC,1994-02-23,4.00674,4.08393,4.00674,4.0475,
EXC,1994-02-24,4.0475,4.06586,3.98857,4.0475,
EXC,1994-02-25,4.06586,4.08393,4.02492,4.06586,
EXC,1994-02-28,4.06586,4.10191,4.06586,4.10191,
EXC,1994-03-01,4.10191,4.13836,3.98857,4.06586,
EXC,1994-03-02,4.02492,4.1791,4.00674,4.1791,
EXC,1994-03-03,4.1791,4.1791,4.12477,4.16103,
EXC,1994-03-04,4.16103,4.20157,4.13836,4.20157,
EXC,1994-03-07,4.20157,4.27416,4.20157,4.23811,
EXC,1994-03-08,4.25599,4.29204,4.23811,4.25599,
EXC,1994-03-09,4.25599,4.29204,4.21505,4.25599,
EXC,1994-03-10,4.25599,4.27416,4.23811,4.23811,
EXC,1994-03-11,4.25599,4.3151,4.23811,4.27416,
EXC,1994-03-14,4.27416,4.29204,4.25599,4.29204,
EXC,1994-03-15,4.29204,4.33298,4.27416,4.27416,
EXC,1994-03-16,4.27416,4.3151,4.27416,4.27416,
EXC,1994-03-17,4.27416,4.29204,4.23811,4.23811,
EXC,1994-03-18,4.23811,4.25599,4.21505,4.23811,
EXC,1994-03-21,4.25599,4.27416,4.21505,4.27416,
EXC,1994-03-22,4.27416,4.3151,4.25599,4.3151,
EXC,1994-03-23,4.29204,4.3151,4.27416,4.27416,
EXC,1994-03-24,4.27416,4.27416,4.23811,4.23811,
EXC,1994-03-25,4.25599,4.25599,4.23811,4.23811,
EXC,1994-03-28,4.25599,4.29204,4.23811,4.27416,
EXC,1994-03-29,4.3151,4.3151,4.25599,4.25599,
EXC,1994-03-30,4.27416,4.27416,4.20157,4.20157,
EXC,1994-03-31,4.20157,4.23811,4.12477,4.23811,
EXC,1994-04-04,4.23811,4.23811,4.10191,4.1791,
EXC,1994-04-05,4.21505,4.27416,4.20157,4.27416,
EXC,1994-04-06,4.25599,4.27416,4.20157,4.23811,
EXC,1994-04-07,4.23811,4.29204,4.21505,4.29204,
EXC,1994-04-08,4.27416,4.3151,4.25599,4.29204,
EXC,1994-04-11,4.27416,4.27416,4.23811,4.23811,
EXC,1994-04-12,4.25599,4.27416,4.20157,4.21505,
EXC,1994-04-13,4.20157,4.23811,4.13836,4.20157,
EXC,1994-04-14,4.20157,4.23811,4.16103,4.21505,
EXC,1994-04-15,4.21505,4.25599,4.20157,4.23811,
EXC,1994-04-18,4.23811,4.25599,4.20157,4.21505,
EXC,1994-04-19,4.21505,4.25599,4.20157,4.25599,
EXC,1994-04-20,4.25599,4.40577,4.23811,4.40577,
EXC,1994-04-21,4.40577,4.48276,4.40577,4.44632,
EXC,1994-04-22,4.42835,4.42835,4.33298,4.35126,
EXC,1994-04-25,4.35126,4.35126,4.29204,4.29204,
EXC,1994-04-26,4.29204,4.29204,4.20157,4.27416,
EXC,1994-04-28,4.27416,4.29204,4.23811,4.27416,
EXC,1994-04-29,4.25599,4.36953,4.25599,4.36953,
EXC,1994-05-02,4.35126,4.35126,4.29204,4.3151,
EXC,1994-05-03,4.33298,4.33298,4.25599,4.29204,
EXC,1994-05-04,4.27416,4.29204,4.23811,4.25599,
EXC,1994-05-05,4.23811,4.23811,4.1791,4.1791,
EXC,1994-05-06,4.13836,4.13836,4.06586,4.10191,
EXC,1994-05-09,4.08393,4.10191,3.93425,3.97061,
EXC,1994-05-10,4.00674,4.08393,3.98857,4.08393,
EXC,1994-05-11,4.08393,4.08393,3.91178,3.97061,
EXC,1994-05-12,3.97061,4.02492,3.91178,3.94793,
EXC,1994-05-13,3.97061,4.0475,3.94793,4.0475,
EXC,1994-05-16,4.00674,4.0475,4.00674,4.02492,
EXC,1994-05-17,4.02492,4.08393,4.02492,4.06586,
EXC,1994-05-18,4.10191,4.12477,4.06586,4.12477,
EXC,1994-05-19,4.08393,4.10191,4.06586,4.10191,
EXC,1994-05-20,4.10191,4.16103,4.06586,4.14266,
EXC,1994-05-23,4.16103,4.16103,4.12477,4.12477,
EXC,1994-05-24,4.14266,4.16103,4.12477,4.14266,
EXC,1994-05-25,4.14266,4.24251,4.14266,4.24251,
EXC,1994-05-26,4.24251,4.27886,4.24251,4.27886,
EXC,1994-05-27,4.27886,4.27886,4.1791,4.20157,
EXC,1994-05-31,4.16103,4.21983,4.16103,4.21983,
EXC,1994-06-01,4.24251,4.37393,4.24251,4.31949,
EXC,1994-06-02,4.31949,4.35595,4.31949,4.35595,
EXC,1994-06-03,4.33298,4.40987,4.31949,4.40987,
EXC,1994-06-06,4.43284,4.45101,4.35595,4.37393,
EXC,1994-06-07,4.33298,4.37393,4.31949,4.37393,
EXC,1994-06-08,4.39668,4.39668,4.31949,4.31949,
EXC,1994-06-09,4.29702,4.35595,4.29702,4.33298,
EXC,1994-06-10,4.35595,4.35595,4.31949,4.31949,
EXC,1994-06-13,4.29702,4.33298,4.27886,4.33298,
EXC,1994-06-14,4.33298,4.35595,4.29702,4.33298,
EXC,1994-06-15,4.33298,4.33298,4.27886,4.27886,
EXC,1994-06-16,4.25599,4.27886,4.20157,4.20157,
EXC,1994-06-17,4.24251,4.24251,4.12477,4.12477,
EXC,1994-06-20,4.10191,4.10191,4.06586,4.06586,
EXC,1994-06-21,4.06586,4.06586,3.92975,3.94793,
EXC,1994-06-22,3.97061,4.00674,3.94793,4.00674,
EXC,1994-06-23,4.00674,4.06586,4.00674,4.00674,
EXC,1994-06-24,4.00674,4.02492,3.98418,4.00674,
EXC,1994-06-27,3.98418,4.08393,3.94793,4.06586,
EXC,1994-06-28,4.06586,4.08393,3.98418,4.06586,
EXC,1994-06-29,4.08393,4.10191,4.02492,4.06586,
EXC,1994-06-30,4.02492,4.08393,4.00674,4.06586,
EXC,1994-07-01,4.10191,4.16103,4.08393,4.16103,
EXC,1994-07-05,4.16103,4.16103,4.12477,4.12477,
EXC,1994-07-06,4.12477,4.16103,4.10191,4.10191,
EXC,1994-07-07,4.10191,4.12477,4.08393,4.12477,
EXC,1994-07-08,4.08393,4.08393,4.06586,4.08393,
EXC,1994-07-11,4.08393,4.08393,4.0475,4.0475,
EXC,1994-07-12,4.06586,4.06586,4.00674,4.00674,
EXC,1994-07-13,4.00674,4.02492,3.98418,3.98418,
EXC,1994-07-14,4.00674,4.0475,4.00674,4.02492,
EXC,1994-07-15,4.02492,4.02492,3.87075,3.92975,
EXC,1994-07-18,3.94793,3.97061,3.9068,3.97061,
EXC,1994-07-19,3.97061,4.00674,3.94793,3.98418,
EXC,1994-07-20,3.97061,3.98418,3.94793,3.94793,
EXC,1994-07-21,3.97061,3.97061,3.9068,3.94793,
EXC,1994-07-22,3.94793,3.98418,3.94793,3.98418,
EXC,1994-07-25,3.97061,3.98418,3.97061,3.97061,
EXC,1994-07-26,3.97061,3.98418,3.94793,3.94793,
EXC,1994-07-27,3.94793,3.97061,3.92975,3.97061,
EXC,1994-07-28,3.94793,4.00674,3.94793,3.98418,
EXC,1994-07-29,4.02492,4.08393,4.00674,4.0475,
EXC,1994-08-01,4.02492,4.21983,4.02492,4.16103,
EXC,1994-08-02,4.16103,4.24251,4.16103,4.1791,
EXC,1994-08-03,4.1791,4.20157,4.16103,4.20157,
EXC,1994-08-04,4.20157,4.24251,4.1791,4.20157,
EXC,1994-08-05,4.16103,4.16103,4.08393,4.10191,
EXC,1994-08-08,4.10191,4.24251,4.08393,4.24251,
EXC,1994-08-09,4.20157,4.24251,4.20157,4.21983,
EXC,1994-08-10,4.24251,4.24251,4.21983,4.21983,
EXC,1994-08-11,4.21983,4.24251,4.20157,4.24251,
EXC,1994-08-12,4.24251,4.29702,4.21983,4.29702,
EXC,1994-08-15,4.29702,4.33298,4.27886,4.27886,
EXC,1994-08-16,4.29702,4.35595,4.29702,4.35595,
EXC,1994-08-17,4.35595,4.37393,4.31949,4.31949,
EXC,1994-08-18,4.31949,4.33768,4.23811,4.29702,
EXC,1994-08-19,4.29702,4.39668,4.27886,4.39668,
EXC,1994-08-22,4.35595,4.39668,4.33768,4.33768,
EXC,1994-08-23,4.35595,4.37393,4.33768,4.35595,
EXC,1994-08-24,4.37393,4.37393,4.27886,4.31949,
EXC,1994-08-25,4.33768,4.33768,4.27886,4.29702,
EXC,1994-08-26,4.33768,4.37393,4.31949,4.31949,
EXC,1994-08-29,4.33768,4.35595,4.29702,4.29702,
EXC,1994-08-30,4.31949,4.31949,4.25599,4.31949,
EXC,1994-08-31,4.27886,4.29702,4.23811,4.27886,
EXC,1994-09-01,4.25599,4.25599,4.20157,4.23811,
EXC,1994-09-02,4.25599,4.27886,4.16103,4.16103,
EXC,1994-09-06,4.16103,4.1791,4.08393,4.10191,
EXC,1994-09-07,4.08393,4.12008,4.0429,4.06118,
EXC,1994-09-08,4.06118,4.08393,4.02492,4.0429,
EXC,1994-09-09,4.02492,4.06118,3.98418,4.0429,
EXC,1994-09-12,4.0429,4.0429,3.94793,3.94793,
EXC,1994-09-13,3.98418,3.98418,3.92517,3.92517,
EXC,1994-09-14,3.92517,3.92517,3.84378,3.84378,
EXC,1994-09-15,3.86625,3.94793,3.84378,3.94793,
EXC,1994-09-16,3.9068,3.9616,3.88442,3.9068,
EXC,1994-09-19,3.94793,3.98418,3.9068,3.9068,
EXC,1994-09-20,3.88442,3.92517,3.84378,3.86625,
EXC,1994-09-21,3.86625,3.9068,3.78887,3.8301,
EXC,1994-09-22,3.8301,3.84378,3.78887,3.78887,
EXC,1994-09-23,3.78887,3.84378,3.72595,3.74842,
EXC,1994-09-26,3.7665,3.7665,3.71207,3.71207,
EXC,1994-09-27,3.74842,3.7665,3.71207,3.74842,
EXC,1994-09-28,3.7665,3.86625,3.7665,3.8301,
EXC,1994-09-29,3.80743,3.94793,3.78887,3.94793,
EXC,1994-09-30,3.9616,3.98418,3.9068,3.98418,
EXC,1994-10-03,3.9616,4.00226,3.9616,4.00226,
EXC,1994-10-04,3.98418,4.00226,3.86625,3.92517,
EXC,1994-10-05,3.9068,3.9068,3.86625,3.86625,
EXC,1994-10-06,3.88442,3.88442,3.84378,3.86625,
EXC,1994-10-07,3.84378,3.9068,3.8301,3.88442,
EXC,1994-10-10,3.92517,3.9616,3.88442,3.94793,
EXC,1994-10-11,3.92517,3.98418,3.9068,3.98418,
EXC,1994-10-12,3.98418,4.00226,3.94793,3.98418,
EXC,1994-10-13,4.0429,4.06118,3.98418,4.00226,
EXC,1994-10-14,4.00226,4.0429,3.94793,4.02492,
EXC,1994-10-17,4.02492,4.0429,3.98418,4.00226,
EXC,1994-10-18,4.02492,4.06118,4.00226,4.0429,
EXC,1994-10-19,4.0429,4.0429,4.00226,4.02492,
EXC,1994-10-20,4.02492,4.02492,3.92517,3.92517,
EXC,1994-10-21,3.9068,3.92517,3.86625,3.9068,
EXC,1994-10-24,3.92517,3.94793,3.88442,3.9068,
EXC,1994-10-25,3.86625,3.92517,3.84378,3.92517,
EXC,1994-10-26,3.92517,3.92517,3.88442,3.9068,
EXC,1994-10-27,3.9068,3.94793,3.88442,3.9068,
EXC,1994-10-28,3.92517,4.0429,3.92517,4.02492,
EXC,1994-10-31,4.0429,4.06118,4.00226,4.00226,
EXC,1994-11-01,3.9616,4.00226,3.94793,4.00226,
EXC,1994-11-02,4.00226,4.0429,3.98418,4.00226,
EXC,1994-11-03,3.98857,4.02492,3.98857,4.01124,
EXC,1994-11-04,4.01124,4.01124,3.94793,3.94793,
EXC,1994-11-07,3.94793,4.01124,3.94793,3.98857,
EXC,1994-11-08,3.98857,4.01124,3.94793,3.98857,
EXC,1994-11-09,4.02492,4.0475,3.97061,3.97061,
EXC,1994-11-10,3.98857,3.98857,3.94793,3.97061,
EXC,1994-11-11,3.92517,3.94793,3.8301,3.84817,
EXC,1994-11-14,3.87075,3.9068,3.87075,3.87075,
EXC,1994-11-15,3.87075,3.87075,3.78887,3.80743,
EXC,1994-11-16,3.80743,3.8301,3.80743,3.8301,
EXC,1994-11-17,3.8301,3.8301,3.80743,3.80743,
EXC,1994-11-18,3.8301,3.8301,3.80743,3.80743,
EXC,1994-11-21,3.80743,3.84817,3.80743,3.80743,
EXC,1994-11-22,3.8301,3.9068,3.80743,3.8301,
EXC,1994-11-23,3.8301,3.94793,3.80743,3.88892,
EXC,1994-11-25,3.9068,3.97061,3.88892,3.92517,
EXC,1994-11-28,3.9068,3.95683,3.9068,3.92517,
EXC,1994-11-29,3.92517,3.94793,3.80743,3.8301,
EXC,1994-11-30,3.84817,3.87075,3.8301,3.84817,
EXC,1994-12-01,3.8301,3.84817,3.7665,3.78887,
EXC,1994-12-02,3.78887,3.87075,3.78887,3.84817,
EXC,1994-12-05,3.84817,3.9068,3.84817,3.87075,
EXC,1994-12-06,3.88892,3.9068,3.84817,3.87075,
EXC,1994-12-07,3.8301,3.88892,3.8301,3.87075,
EXC,1994-12-08,3.88892,3.94793,3.84817,3.87075,
EXC,1994-12-09,3.87075,3.9068,3.8301,3.9068,
EXC,1994-12-12,3.87075,3.92517,3.84817,3.92517,
EXC,1994-12-13,3.92517,3.97061,3.87075,3.88892,
EXC,1994-12-14,3.88892,3.88892,3.87075,3.88892,
EXC,1994-12-15,3.88892,3.88892,3.80743,3.8301,
EXC,1994-12-16,3.84817,3.88892,3.8301,3.88892,
EXC,1994-12-19,3.88892,3.88892,3.87075,3.87075,
EXC,1994-12-20,3.87075,3.88892,3.84817,3.88892,
EXC,1994-12-21,3.87075,3.92517,3.87075,3.88892,
EXC,1994-12-22,3.9068,3.94793,3.88892,3.94793,
EXC,1994-12-23,3.92517,3.98857,3.92517,3.97061,
EXC,1994-12-27,3.98857,4.01124,3.92517,3.94793,
EXC,1994-12-28,3.94793,3.97061,3.9068,3.92517,
EXC,1994-12-29,3.92517,3.97061,3.9068,3.97061,
EXC,1994-12-30,3.97061,3.97061,3.88892,3.9068,
EXC,1995-01-03,3.9068,3.94793,3.9068,3.94793,
EXC,1995-01-04,3.92517,3.97061,3.88892,3.92517,
EXC,1995-01-05,3.92517,3.94793,3.92517,3.94793,
EXC,1995-01-06,3.94793,3.97061,3.9068,3.97061,
EXC,1995-01-09,3.97061,3.98857,3.94793,3.97061,
EXC,1995-01-10,3.97061,3.98857,3.92517,3.92517,
EXC,1995-01-11,3.94793,3.97061,3.87075,3.9068,
EXC,1995-01-12,3.9068,3.92517,3.88892,3.88892,
EXC,1995-01-13,3.94793,3.97061,3.92517,3.92517,
EXC,1995-01-16,3.94793,4.06586,3.94793,4.02492,
EXC,1995-01-17,4.02492,4.12936,4.02492,4.12936,
EXC,1995-01-18,4.1065,4.12936,4.06586,4.12936,
EXC,1995-01-19,4.08833,4.1065,4.01124,4.02492,
EXC,1995-01-20,4.0475,4.08833,4.01124,4.06586,
EXC,1995-01-23,4.0475,4.1065,4.02492,4.1065,
EXC,1995-01-24,4.1065,4.17021,4.1065,4.14725,
EXC,1995-01-25,4.17021,4.21085,4.14725,4.17021,
EXC,1995-01-26,4.17021,4.18799,4.14725,4.17021,
EXC,1995-01-27,4.18799,4.24701,4.18799,4.22433,
EXC,1995-01-30,4.21085,4.26527,4.21085,4.24701,
EXC,1995-01-31,4.24701,4.28804,4.22433,4.26527,
EXC,1995-02-01,4.26527,4.324,4.24701,4.26527,
EXC,1995-02-02,4.26527,4.28804,4.22433,4.28804,
EXC,1995-02-03,4.31041,4.36483,4.28804,4.34686,
EXC,1995-02-06,4.31041,4.34686,4.31041,4.31041,
EXC,1995-02-07,4.324,4.324,4.28804,4.31041,
EXC,1995-02-08,4.31041,4.34686,4.26527,4.26527,
EXC,1995-02-09,4.26527,4.26527,4.18799,4.22433,
EXC,1995-02-10,4.22433,4.24701,4.22433,4.22433,
EXC,1995-02-13,4.24701,4.26527,4.22433,4.22433,
EXC,1995-02-14,4.24701,4.28804,4.24701,4.28804,
EXC,1995-02-15,4.25159,4.3151,4.25159,4.27416,
EXC,1995-02-16,4.29204,4.29204,4.25159,4.27416,
EXC,1995-02-17,4.27416,4.27416,4.23323,4.25159,
EXC,1995-02-21,4.25159,4.3151,4.21085,4.27416,
EXC,1995-02-22,4.27416,4.35595,4.27416,4.33298,
EXC,1995-02-23,4.35595,4.37393,4.29204,4.3151,
EXC,1995-02-24,4.29204,4.33298,4.29204,4.3151,
EXC,1995-02-27,4.3151,4.3151,4.23323,4.23323,
EXC,1995-02-28,4.23323,4.33298,4.21085,4.33298,
EXC,1995-03-01,4.33298,4.33298,4.27416,4.3151,
EXC,1995-03-02,4.3151,4.3151,4.18799,4.23323,
EXC,1995-03-03,4.21085,4.21085,4.14725,4.17021,
EXC,1995-03-06,4.14725,4.17021,4.09293,4.12936,
EXC,1995-03-07,4.12936,4.12936,4.05208,4.12936,
EXC,1995-03-08,4.14725,4.17021,4.111,4.111,
EXC,1995-03-09,4.111,4.12936,4.05208,4.07016,
EXC,1995-03-10,4.111,4.14725,4.05208,4.14725,
EXC,1995-03-13,4.111,4.12936,4.07016,4.07016,
EXC,1995-03-14,4.111,4.12936,4.07016,4.09293,
EXC,1995-03-15,4.07016,4.09293,4.05208,4.07016,
EXC,1995-03-16,4.09293,4.12936,4.07016,4.09293,
EXC,1995-03-17,4.09293,4.09293,4.07016,4.07016,
EXC,1995-03-20,4.09293,4.09293,4.01124,4.02961,
EXC,1995-03-21,4.01124,4.02961,3.97061,3.98857,
EXC,1995-03-22,3.98857,4.01124,3.94793,3.97061,
EXC,1995-03-23,3.98857,4.01124,3.97061,4.01124,
EXC,1995-03-24,4.02961,4.09293,4.01124,4.07016,
EXC,1995-03-27,4.111,4.111,4.02961,4.05208,
EXC,1995-03-28,4.02961,4.09293,4.01124,4.09293,
EXC,1995-03-29,4.09293,4.17021,4.02961,4.05208,
EXC,1995-03-30,4.07016,4.07016,4.01124,4.05208,
EXC,1995-03-31,4.02961,4.07016,3.98857,4.07016,
EXC,1995-04-03,4.07016,4.111,4.07016,4.07016,
EXC,1995-04-04,4.09293,4.17021,4.09293,4.12936,
EXC,1995-04-05,4.14725,4.3151,4.12936,4.25159,
EXC,1995-04-06,4.27416,4.27416,4.21085,4.21085,
EXC,1995-04-07,4.23323,4.27416,4.21085,4.27416,
EXC,1995-04-10,4.23323,4.27416,4.21085,4.25159,
EXC,1995-04-11,4.27416,4.29204,4.23323,4.25159,
EXC,1995-04-12,4.25159,4.25159,4.21085,4.25159,
EXC,1995-04-13,4.23323,4.29204,4.21085,4.25159,
EXC,1995-04-17,4.23323,4.25159,4.12936,4.12936,
EXC,1995-04-18,4.17021,4.18799,4.12936,4.18799,
EXC,1995-04-19,4.18799,4.21085,4.14725,4.18799,
EXC,1995-04-20,4.18799,4.21085,4.17021,4.18799,
EXC,1995-04-21,4.21085,4.21085,4.14725,4.17021,
EXC,1995-04-24,4.17021,4.21085,4.111,4.18799,
EXC,1995-04-25,4.17021,4.18799,4.14725,4.17021,
EXC,1995-04-26,4.17021,4.18799,4.12936,4.18799,
EXC,1995-04-27,4.17021,4.17021,4.12936,4.17021,
EXC,1995-04-28,4.17021,4.17021,4.12936,4.17021,
EXC,1995-05-01,4.14725,4.14725,4.111,4.12936,
EXC,1995-05-02,4.14725,4.14725,4.111,4.14725,
EXC,1995-05-03,4.12936,4.25159,4.12936,4.25159,
EXC,1995-05-04,4.23323,4.27416,4.23323,4.25159,
EXC,1995-05-05,4.25159,4.29204,4.23323,4.29204,
EXC,1995-05-08,4.29204,4.33298,4.27416,4.29204,
EXC,1995-05-09,4.3151,4.33298,4.25159,4.29204,
EXC,1995-05-10,4.29204,4.33298,4.27416,4.33298,
EXC,1995-05-11,4.3151,4.3151,4.25159,4.27416,
EXC,1995-05-12,4.25159,4.25159,4.17021,4.23323,
EXC,1995-05-15,4.23323,4.35595,4.23323,4.33298,
EXC,1995-05-16,4.3151,4.41476,4.3151,4.39668,
EXC,1995-05-17,4.39668,4.39668,4.33298,4.39668,
EXC,1995-05-18,4.36015,4.37841,4.29204,4.3151,
EXC,1995-05-19,4.3151,4.33768,4.29204,4.29204,
EXC,1995-05-22,4.3151,4.36015,4.27416,4.3151,
EXC,1995-05-23,4.33768,4.36015,4.3151,4.33768,
EXC,1995-05-24,4.36015,4.43743,4.36015,4.41934,
EXC,1995-05-25,4.47817,4.55976,4.4602,4.54139,
EXC,1995-05-26,4.55976,4.55976,4.43743,4.43743,
EXC,1995-05-30,4.4602,4.55976,4.4602,4.54139,
EXC,1995-05-31,4.55976,4.62756,4.54139,4.62756,
EXC,1995-06-01,4.60059,4.64583,4.58262,4.62756,
EXC,1995-06-02,4.64583,4.80909,4.64583,4.80909,
EXC,1995-06-05,4.82747,4.89058,4.82747,4.89058,
EXC,1995-06-06,4.86791,4.86791,4.84994,4.86791,
EXC,1995-06-07,4.84994,4.84994,4.74578,4.78642,
EXC,1995-06-08,4.76825,4.76825,4.58262,4.60059,
EXC,1995-06-09,4.60059,4.60059,4.50083,4.54139,
EXC,1995-06-12,4.58262,4.68666,4.58262,4.58262,
EXC,1995-06-13,4.6641,4.68666,4.62756,4.64583,
EXC,1995-06-14,4.64583,4.64583,4.55976,4.58262,
EXC,1995-06-15,4.58262,4.58262,4.54139,4.55976,
EXC,1995-06-16,4.54139,4.55976,4.519,4.519,
EXC,1995-06-19,4.54139,4.58262,4.54139,4.55976,
EXC,1995-06-20,4.55976,4.55976,4.519,4.54139,
EXC,1995-06-21,4.54139,4.55976,4.47817,4.519,
EXC,1995-06-22,4.55976,4.64583,4.54139,4.64583,
EXC,1995-06-23,4.62756,4.62756,4.55976,4.55976,
EXC,1995-06-26,4.519,4.55976,4.50083,4.519,
EXC,1995-06-27,4.519,4.58262,4.519,4.54139,
EXC,1995-06-28,4.55976,4.64583,4.54139,4.60059,
EXC,1995-06-29,4.60059,4.60059,4.55976,4.58262,
EXC,1995-06-30,4.60059,4.6641,4.54139,4.54139,
EXC,1995-07-03,4.55976,4.64583,4.54139,4.60059,
EXC,1995-07-05,4.60059,4.64583,4.58262,4.58262,
EXC,1995-07-06,4.54139,4.72752,4.54139,4.72752,
EXC,1995-07-07,4.68666,4.68666,4.55976,4.58262,
EXC,1995-07-10,4.60059,4.60059,4.519,4.55976,
EXC,1995-07-11,4.54139,4.60059,4.519,4.58262,
EXC,1995-07-12,4.54139,4.64583,4.54139,4.62756,
EXC,1995-07-13,4.60059,4.62756,4.55976,4.60059,
EXC,1995-07-14,4.58262,4.60059,4.55976,4.60059,
EXC,1995-07-17,4.60059,4.62756,4.55976,4.58262,
EXC,1995-07-18,4.55976,4.60059,4.54139,4.58262,
EXC,1995-07-19,4.58262,4.58262,4.47817,4.54139,
EXC,1995-07-20,4.55976,4.55976,4.50083,4.55976,
EXC,1995-07-21,4.54139,4.58262,4.54139,4.58262,
EXC,1995-07-24,4.60059,4.6641,4.60059,4.64583,
EXC,1995-07-25,4.62756,4.6641,4.58262,4.6641,
EXC,1995-07-26,4.64583,4.68666,4.58262,4.62756,
EXC,1995-07-27,4.64583,4.70484,4.64583,4.70484,
EXC,1995-07-28,4.70484,4.70484,4.6641,4.6641,
EXC,1995-07-31,4.68666,4.70484,4.60059,4.70484,
EXC,1995-08-01,4.68666,4.72752,4.60059,4.62756,
EXC,1995-08-02,4.64583,4.6641,4.55976,4.58262,
EXC,1995-08-03,4.54139,4.60059,4.50083,4.60059,
EXC,1995-08-04,4.60059,4.62756,4.55976,4.60059,
EXC,1995-08-07,4.62756,4.62756,4.58262,4.60059,
EXC,1995-08-08,4.60059,4.62756,4.54139,4.55976,
EXC,1995-08-09,4.58262,4.58262,4.50083,4.55976,
EXC,1995-08-10,4.55976,4.55976,4.519,4.519,
EXC,1995-08-11,4.54139,4.55976,4.519,4.55976,
EXC,1995-08-14,4.54139,4.54139,4.33768,4.40108,
EXC,1995-08-15,4.36015,4.37841,4.36015,4.37841,
EXC,1995-08-16,4.37841,4.4602,4.33768,4.4602,
EXC,1995-08-17,4.4602,4.47817,4.40108,4.40108,
EXC,1995-08-18,4.41934,4.4602,4.40108,4.4602,
EXC,1995-08-21,4.46459,4.48276,4.37841,4.40108,
EXC,1995-08-22,4.40108,4.42375,4.37841,4.42375,
EXC,1995-08-23,4.40108,4.42375,4.37841,4.37841,
EXC,1995-08-24,4.40108,4.40108,4.36015,4.40108,
EXC,1995-08-25,4.40108,4.44192,4.36015,4.42375,
EXC,1995-08-28,4.42375,4.46459,4.40108,4.46459,
EXC,1995-08-29,4.44192,4.46459,4.42375,4.44192,
EXC,1995-08-30,4.46459,4.46459,4.44192,4.44192,
EXC,1995-08-31,4.44192,4.46459,4.44192,4.44192,
EXC,1995-09-01,4.44192,4.46459,4.44192,4.46459,
EXC,1995-09-05,4.46459,4.46459,4.36015,4.40108,
EXC,1995-09-06,4.42375,4.46459,4.33768,4.37841,
EXC,1995-09-07,4.37841,4.37841,4.27886,4.36015,
EXC,1995-09-08,4.36015,4.36015,4.31949,4.33768,
EXC,1995-09-11,4.36015,4.36015,4.31949,4.33768,
EXC,1995-09-12,4.33768,4.37841,4.31949,4.37841,
EXC,1995-09-13,4.37841,4.42375,4.31949,4.31949,
EXC,1995-09-14,4.36015,4.37841,4.33768,4.37841,
EXC,1995-09-15,4.40108,4.40108,4.36015,4.36015,
EXC,1995-09-18,4.33768,4.42375,4.33768,4.36015,
EXC,1995-09-19,4.40108,4.46459,4.37841,4.46459,
EXC,1995-09-20,4.44192,4.56884,4.44192,4.56884,
EXC,1995-09-21,4.55077,4.56884,4.5281,4.56884,
EXC,1995-09-22,4.5281,4.56884,4.5281,4.56884,
EXC,1995-09-25,4.56884,4.56884,4.55077,4.55077,
EXC,1995-09-26,4.56884,4.69576,4.55077,4.65481,
EXC,1995-09-27,4.63225,4.75477,4.63225,4.75477,
EXC,1995-09-28,4.75477,4.81809,4.75477,4.8001,
EXC,1995-09-29,4.77733,4.84075,4.61427,4.77733,
EXC,1995-10-02,4.77733,4.81809,4.75477,4.81809,
EXC,1995-10-03,4.8001,4.84075,4.8001,4.84075,
EXC,1995-10-04,4.84075,4.84075,4.77733,4.8001,
EXC,1995-10-05,4.8001,4.8001,4.7365,4.77733,
EXC,1995-10-06,4.75477,4.81809,4.71374,4.8001,
EXC,1995-10-09,4.81809,4.81809,4.8001,4.81809,
EXC,1995-10-10,4.8001,4.88169,4.8001,4.88169,
EXC,1995-10-11,4.85902,4.88169,4.84075,4.85902,
EXC,1995-10-12,4.84075,4.88169,4.84075,4.84075,
EXC,1995-10-13,4.84075,4.88169,4.8001,4.81809,
EXC,1995-10-16,4.84075,4.84075,4.77733,4.8001,
EXC,1995-10-17,4.8001,4.81809,4.77733,4.77733,
EXC,1995-10-18,4.77733,4.81809,4.77733,4.8001,
EXC,1995-10-19,4.8001,4.945,4.8001,4.92713,
EXC,1995-10-20,4.92713,4.98594,4.90436,4.98594,
EXC,1995-10-23,4.945,5.03088,4.92713,4.98594,
EXC,1995-10-24,5.00842,5.03088,4.96766,5.00842,
EXC,1995-10-25,4.96766,4.98594,4.92713,4.92713,
EXC,1995-10-26,4.92713,4.945,4.90436,4.945,
EXC,1995-10-27,4.92713,4.945,4.88169,4.90436,
EXC,1995-10-30,4.90436,4.945,4.90436,4.92713,
EXC,1995-10-31,4.92713,4.96766,4.85902,4.88169,
EXC,1995-11-01,4.88169,5.03088,4.88169,4.98594,
EXC,1995-11-02,5.00842,5.00842,4.92713,4.945,
EXC,1995-11-03,4.945,4.96766,4.90436,4.945,
EXC,1995-11-06,4.92713,4.92713,4.84075,4.88169,
EXC,1995-11-07,4.90436,4.92713,4.85902,4.90436,
EXC,1995-11-08,4.92713,4.96766,4.88169,4.88169,
EXC,1995-11-09,4.92713,4.945,4.90436,4.92713,
EXC,1995-11-10,4.90436,4.90436,4.85902,4.88169,
EXC,1995-11-13,4.86791,4.86791,4.80909,4.84994,
EXC,1995-11-14,4.84994,4.84994,4.78642,4.80909,
EXC,1995-11-15,4.82747,4.89058,4.80909,4.89058,
EXC,1995-11-16,4.86791,4.89058,4.76825,4.82747,
EXC,1995-11-17,4.82747,4.84994,4.80909,4.84994,
EXC,1995-11-20,4.84994,4.86791,4.78642,4.80909,
EXC,1995-11-21,4.78642,4.86791,4.78642,4.86791,
EXC,1995-11-22,4.86791,4.91345,4.84994,4.89058,
EXC,1995-11-24,4.89058,4.93133,4.89058,4.91345,
EXC,1995-11-27,4.91345,4.97684,4.91345,4.95858,
EXC,1995-11-28,4.95858,4.99942,4.91345,4.97684,
EXC,1995-11-29,4.99942,4.99942,4.95858,4.97684,
EXC,1995-11-30,4.97684,4.97684,4.91345,4.91345,
EXC,1995-12-01,4.91345,4.95858,4.89058,4.93133,
EXC,1995-12-04,4.93133,4.95858,4.93133,4.93133,
EXC,1995-12-05,4.93133,4.99942,4.93133,4.97684,
EXC,1995-12-06,4.97684,5.08091,4.97684,5.06283,
EXC,1995-12-07,4.99942,5.01789,4.95858,4.99942,
EXC,1995-12-08,5.01789,5.04075,4.91345,4.97684,
EXC,1995-12-11,4.97684,5.01789,4.93133,4.99942,
EXC,1995-12-12,5.01789,5.01789,4.97684,5.01789,
EXC,1995-12-13,4.99942,5.01789,4.95858,4.97684,
EXC,1995-12-14,4.97684,4.99942,4.95858,4.95858,
EXC,1995-12-15,4.97684,4.97684,4.93133,4.95858,
EXC,1995-12-18,4.93133,4.99942,4.91345,4.99942,
EXC,1995-12-19,4.97684,5.04075,4.95858,5.01789,
EXC,1995-12-20,5.01789,5.06283,4.97684,5.06283,
EXC,1995-12-21,5.06283,5.08091,4.99942,5.04075,
EXC,1995-12-22,5.06283,5.08091,5.04075,5.04075,
EXC,1995-12-26,5.08091,5.08091,5.06283,5.08091,
EXC,1995-12-27,5.06283,5.08091,5.01789,5.04075,
EXC,1995-12-28,5.04075,5.08091,5.04075,5.08091,
EXC,1995-12-29,5.06283,5.12624,5.04075,5.10357,
EXC,1996-01-02,5.08091,5.12624,5.04075,5.12624,
EXC,1996-01-03,5.12624,5.20821,5.10357,5.20821,
EXC,1996-01-04,5.23029,5.25336,5.1665,5.18975,
EXC,1996-01-05,5.12624,5.23029,5.12624,5.23029,
EXC,1996-01-08,5.20821,5.20821,5.18975,5.20821,
EXC,1996-01-09,5.20821,5.23029,5.1665,5.18975,
EXC,1996-01-10,5.14979,5.20821,5.14979,5.1665,
EXC,1996-01-11,5.1665,5.20821,5.14979,5.18975,
EXC,1996-01-12,5.20821,5.23029,5.1665,5.20821,
EXC,1996-01-15,5.18975,5.23029,5.18975,5.18975,
EXC,1996-01-16,5.20821,5.20821,5.14979,5.18975,
EXC,1996-01-17,5.18975,5.27162,5.18975,5.25336,
EXC,1996-01-18,5.27162,5.27162,5.18975,5.27162,
EXC,1996-01-19,5.25336,5.2937,5.25336,5.27162,
EXC,1996-01-22,5.25336,5.25336,5.20821,5.20821,
EXC,1996-01-23,5.18975,5.20821,5.1665,5.18975,
EXC,1996-01-24,5.20821,5.27162,5.18975,5.23029,
EXC,1996-01-25,5.20821,5.23029,5.18975,5.20821,
EXC,1996-01-26,5.18975,5.23029,5.1665,5.23029,
EXC,1996-01-29,5.20821,5.23029,5.12624,5.18975,
EXC,1996-01-30,5.20821,5.23029,5.1665,5.20821,
EXC,1996-01-31,5.20821,5.20821,5.18975,5.20821,
EXC,1996-02-01,5.23029,5.27162,5.23029,5.25336,
EXC,1996-02-02,5.23029,5.25336,5.18975,5.20821,
EXC,1996-02-05,5.1665,5.23029,5.14979,5.23029,
EXC,1996-02-06,5.20821,5.27162,5.20821,5.23029,
EXC,1996-02-07,5.23029,5.31716,5.23029,5.27162,
EXC,1996-02-08,5.27162,5.31716,5.25336,5.31716,
EXC,1996-02-09,5.31716,5.34012,5.27162,5.31716,
EXC,1996-02-12,5.31716,5.34012,5.2937,5.34012,
EXC,1996-02-13,5.34012,5.46195,5.34012,5.42053,
EXC,1996-02-14,5.39874,5.44387,5.35682,5.39874,
EXC,1996-02-15,5.37988,5.50739,5.37988,5.37988,
EXC,1996-02-16,5.38946,5.41164,5.30299,5.30299,
EXC,1996-02-20,5.28081,5.30299,5.19464,5.21721,
EXC,1996-02-21,5.21721,5.23909,5.15359,5.15359,
EXC,1996-02-22,5.19464,5.28081,5.15359,5.28081,
EXC,1996-02-23,5.26225,5.26225,5.00412,5.09019,
EXC,1996-02-26,4.98134,4.98134,4.70484,4.85414,
EXC,1996-02-27,4.87699,4.91784,4.85414,4.87699,
EXC,1996-02-28,4.91784,4.96317,4.89518,4.89518,
EXC,1996-02-29,4.85414,4.87699,4.80909,4.85414,
EXC,1996-03-01,4.89518,4.91784,4.83166,4.87699,
EXC,1996-03-04,4.85414,4.93591,4.85414,4.89518,
EXC,1996-03-05,4.87699,4.93591,4.87699,4.93591,
EXC,1996-03-06,4.89518,4.96317,4.89518,4.91784,
EXC,1996-03-07,4.87699,4.89518,4.85414,4.89518,
EXC,1996-03-08,4.80909,4.80909,4.72752,4.74578,
EXC,1996-03-11,4.68227,4.70484,4.57334,4.65951,
EXC,1996-03-12,4.61858,4.63684,4.51002,4.57334,
EXC,1996-03-13,4.59581,4.59581,4.5281,4.57334,
EXC,1996-03-14,4.55077,4.59581,4.55077,4.55077,
EXC,1996-03-15,4.55077,4.55077,4.51002,4.5281,
EXC,1996-03-18,4.55077,4.68227,4.55077,4.61858,
EXC,1996-03-19,4.63684,4.68227,4.55077,4.61858,
EXC,1996-03-20,4.61858,4.68227,4.61858,4.65951,
EXC,1996-03-21,4.68227,4.68227,4.61858,4.61858,
EXC,1996-03-22,4.65951,4.65951,4.61858,4.61858,
EXC,1996-03-25,4.65951,4.78642,4.59581,4.59581,
EXC,1996-03-26,4.57334,4.61858,4.57334,4.59581,
EXC,1996-03-27,4.59581,4.68227,4.59581,4.63684,
EXC,1996-03-28,4.63684,4.65951,4.61858,4.61858,
EXC,1996-03-29,4.63684,4.63684,4.57334,4.57334,
EXC,1996-04-01,4.59581,4.61858,4.55077,4.57334,
EXC,1996-04-02,4.59581,4.61858,4.55077,4.59581,
EXC,1996-04-03,4.55077,4.57334,4.5281,4.55077,
EXC,1996-04-04,4.51002,4.5281,4.48715,4.48715,
EXC,1996-04-08,4.44192,4.44192,4.29204,4.40108,
EXC,1996-04-09,4.40108,4.42375,4.37841,4.37841,
EXC,1996-04-10,4.36015,4.37841,4.23323,4.25159,
EXC,1996-04-11,4.23323,4.25159,4.16542,4.21085,
EXC,1996-04-12,4.21085,4.29204,4.18799,4.25159,
EXC,1996-04-15,4.27416,4.27416,4.18799,4.21085,
EXC,1996-04-16,4.18799,4.21085,4.16542,4.18799,
EXC,1996-04-17,4.18799,4.25159,4.16542,4.23323,
EXC,1996-04-18,4.23323,4.25159,4.21085,4.23323,
EXC,1996-04-19,4.25159,4.29204,4.23323,4.25159,
EXC,1996-04-22,4.25159,4.31949,4.18799,4.23323,
EXC,1996-04-23,4.21085,4.31949,4.18799,4.27416,
EXC,1996-04-24,4.25159,4.31949,4.23323,4.27416,
EXC,1996-04-25,4.27416,4.29204,4.23323,4.27416,
EXC,1996-04-26,4.27416,4.29204,4.23323,4.25159,
EXC,1996-04-29,4.25159,4.29204,4.25159,4.27416,
EXC,1996-04-30,4.27416,4.27416,4.23323,4.25159,
EXC,1996-05-01,4.25159,4.33768,4.23323,4.29204,
EXC,1996-05-02,4.25159,4.27416,4.21085,4.23323,
EXC,1996-05-03,4.23323,4.23323,4.16542,4.18799,
EXC,1996-05-06,4.21085,4.25159,4.18799,4.25159,
EXC,1996-05-07,4.25159,4.25159,4.18799,4.21085,
EXC,1996-05-08,4.21085,4.33768,4.14266,4.33768,
EXC,1996-05-09,4.31949,4.33768,4.29204,4.33768,
EXC,1996-05-10,4.37841,4.42375,4.36015,4.40108,
EXC,1996-05-13,4.40108,4.48715,4.40108,4.46889,
EXC,1996-05-14,4.48715,4.51002,4.46889,4.48715,
EXC,1996-05-15,4.48715,4.51002,4.44192,4.46889,
EXC,1996-05-16,4.46889,4.46889,4.40108,4.44192,
EXC,1996-05-17,4.46889,4.46889,4.44192,4.46889,
EXC,1996-05-20,4.48715,4.48715,4.44192,4.44192,
EXC,1996-05-21,4.46889,4.46889,4.37841,4.40108,
EXC,1996-05-22,4.43743,4.47817,4.36953,4.47817,
EXC,1996-05-23,4.50083,4.519,4.43743,4.43743,
EXC,1996-05-24,4.40987,4.4556,4.40987,4.43743,
EXC,1996-05-28,4.40987,4.43743,4.36953,4.39219,
EXC,1996-05-29,4.39219,4.40987,4.36953,4.36953,
EXC,1996-05-30,4.34686,4.36953,4.324,4.34686,
EXC,1996-05-31,4.324,4.34686,4.28315,4.30132,
EXC,1996-06-03,4.28315,4.28315,4.23811,4.26059,
EXC,1996-06-04,4.28315,4.324,4.28315,4.29204,
EXC,1996-06-05,4.28315,4.36953,4.28315,4.34686,
EXC,1996-06-06,4.36953,4.36953,4.28315,4.28315,
EXC,1996-06-07,4.23811,4.28315,4.21505,4.26059,
EXC,1996-06-10,4.28315,4.30132,4.26059,4.26059,
EXC,1996-06-11,4.23811,4.26059,4.21505,4.21505,
EXC,1996-06-12,4.1744,4.21505,4.1744,4.1744,
EXC,1996-06-13,4.1744,4.19717,4.12936,4.14725,
EXC,1996-06-14,4.14725,4.19717,4.14725,4.1744,
EXC,1996-06-17,4.19717,4.19717,3.93425,4.12936,
EXC,1996-06-18,4.1065,4.12936,4.0385,4.06118,
EXC,1996-06-19,4.06118,4.08393,4.0385,4.08393,
EXC,1996-06-20,4.06118,4.12936,4.02961,4.1065,
EXC,1996-06-21,4.14725,4.1744,4.12936,4.14725,
EXC,1996-06-24,4.19717,4.26059,4.1744,4.21505,
EXC,1996-06-25,4.26059,4.30132,4.21505,4.26059,
EXC,1996-06-26,4.26059,4.28315,4.23811,4.26059,
EXC,1996-06-27,4.28315,4.39219,4.26059,4.36953,
EXC,1996-06-28,4.39219,4.58701,4.39219,4.54637,
EXC,1996-07-01,4.54637,4.58701,4.50083,4.54637,
EXC,1996-07-02,4.54637,4.56444,4.50083,4.50083,
EXC,1996-07-03,4.50083,4.519,4.47817,4.50083,
EXC,1996-07-05,4.43743,4.43743,4.36953,4.39219,
EXC,1996-07-08,4.36953,4.40987,4.34686,4.39219,
EXC,1996-07-09,4.36953,4.4556,4.36953,4.43743,
EXC,1996-07-10,4.4556,4.4556,4.39219,4.43743,
EXC,1996-07-11,4.4556,4.4556,4.36953,4.40987,
EXC,1996-07-12,4.43743,4.50083,4.39219,4.50083,
EXC,1996-07-15,4.50083,4.50083,4.40987,4.40987,
EXC,1996-07-16,4.40987,4.4556,4.324,4.39219,
EXC,1996-07-17,4.39219,4.40987,4.30132,4.34686,
EXC,1996-07-18,4.34686,4.36953,4.30132,4.324,
EXC,1996-07-19,4.34686,4.34686,4.26059,4.28315,
EXC,1996-07-22,4.26059,4.30132,4.21505,4.26059,
EXC,1996-07-23,4.21505,4.23811,4.19717,4.19717,
EXC,1996-07-24,4.14725,4.23811,4.14725,4.19717,
EXC,1996-07-25,4.23811,4.23811,4.14725,4.1744,
EXC,1996-07-26,4.1744,4.21505,4.14725,4.1744,
EXC,1996-07-29,4.14725,4.1744,4.1065,4.1065,
EXC,1996-07-30,4.12936,4.12936,4.1065,4.1065,
EXC,1996-07-31,4.1065,4.14725,4.1065,4.1065,
EXC,1996-08-01,4.08393,4.23811,4.08393,4.1744,
EXC,1996-08-02,4.26059,4.28315,4.19717,4.26059,
EXC,1996-08-05,4.28315,4.324,4.26059,4.30132,
EXC,1996-08-06,4.28315,4.30132,4.26059,4.28315,
EXC,1996-08-07,4.26059,4.28315,4.21505,4.28315,
EXC,1996-08-08,4.26059,4.28315,4.23811,4.28315,
EXC,1996-08-09,4.28315,4.28315,4.19717,4.23811,
EXC,1996-08-12,4.21505,4.26059,4.19717,4.23811,
EXC,1996-08-13,4.23811,4.26059,4.21505,4.23811,
EXC,1996-08-14,4.21505,4.23811,4.1744,4.19717,
EXC,1996-08-15,4.19717,4.19717,4.1065,4.1065,
EXC,1996-08-16,4.14725,4.21505,4.1065,4.19717,
EXC,1996-08-19,4.21505,4.21505,4.1744,4.21505,
EXC,1996-08-20,4.21505,4.23811,4.19717,4.21505,
EXC,1996-08-21,4.16103,4.21505,4.13836,4.20635,
EXC,1996-08-22,4.1791,4.25159,4.1791,4.20635,
EXC,1996-08-23,4.20635,4.22433,4.16103,4.1791,
EXC,1996-08-26,4.20635,4.20635,4.16103,4.20635,
EXC,1996-08-27,4.22433,4.27416,4.22433,4.25159,
EXC,1996-08-28,4.25159,4.29204,4.25159,4.29204,
EXC,1996-08-29,4.27416,4.3151,4.1791,4.22433,
EXC,1996-08-30,4.27416,4.29204,4.16103,4.1791,
EXC,1996-09-03,4.13836,4.20635,4.11549,4.20635,
EXC,1996-09-04,4.1791,4.1791,4.13836,4.1791,
EXC,1996-09-05,4.16103,4.1791,4.09293,4.09293,
EXC,1996-09-06,4.09293,4.1791,4.09293,4.13836,
EXC,1996-09-09,4.16103,4.1791,4.11549,4.16103,
EXC,1996-09-10,4.13836,4.16103,4.13836,4.16103,
EXC,1996-09-11,4.13836,4.16103,4.11549,4.11549,
EXC,1996-09-12,4.13836,4.1791,4.11549,4.16103,
EXC,1996-09-13,4.22433,4.25159,4.20635,4.25159,
EXC,1996-09-16,4.25159,4.29204,4.22433,4.27416,
EXC,1996-09-17,4.29204,4.29204,4.1791,4.22433,
EXC,1996-09-18,4.20635,4.3151,4.1791,4.29204,
EXC,1996-09-19,4.29204,4.33768,4.29204,4.29204,
EXC,1996-09-20,4.36015,4.36015,4.29204,4.29204,
EXC,1996-09-23,4.29204,4.3151,4.27416,4.29204,
EXC,1996-09-24,4.29204,4.3151,4.25159,4.27416,
EXC,1996-09-25,4.25159,4.27416,4.20635,4.22433,
EXC,1996-09-26,4.25159,4.27416,4.20635,4.27416,
EXC,1996-09-27,4.29204,4.29204,4.22433,4.27416,
EXC,1996-09-30,4.27416,4.33768,4.22433,4.22433,
EXC,1996-10-01,4.25159,4.36015,4.25159,4.29204,
EXC,1996-10-02,4.3151,4.38301,4.29204,4.36015,
EXC,1996-10-03,4.38301,4.40577,4.33768,4.36015,
EXC,1996-10-04,4.38301,4.44632,4.38301,4.42835,
EXC,1996-10-07,4.42835,4.44632,4.38301,4.38301,
EXC,1996-10-08,4.40577,4.47358,4.38301,4.40577,
EXC,1996-10-09,4.38301,4.40577,4.36015,4.38301,
EXC,1996-10-10,4.33768,4.36015,4.29204,4.3151,
EXC,1996-10-11,4.33768,4.38301,4.3151,4.36015,
EXC,1996-10-14,4.38301,4.40577,4.36015,4.36015,
EXC,1996-10-15,4.38301,4.40577,4.29204,4.29204,
EXC,1996-10-16,4.33768,4.33768,4.29204,4.33768,
EXC,1996-10-17,4.33768,4.38301,4.33768,4.36015,
EXC,1996-10-18,4.36015,4.38301,4.3151,4.33768,
EXC,1996-10-21,4.3151,4.36015,4.3151,4.36015,
EXC,1996-10-22,4.36015,4.36015,4.29204,4.29204,
EXC,1996-10-23,4.3151,4.3151,4.25159,4.3151,
EXC,1996-10-24,4.3151,4.3151,4.29204,4.29204,
EXC,1996-10-25,4.29204,4.3151,4.27416,4.27416,
EXC,1996-10-28,4.27416,4.36015,4.27416,4.3151,
EXC,1996-10-29,4.33768,4.49185,4.33768,4.42835,
EXC,1996-10-30,4.47358,4.49185,4.42835,4.42835,
EXC,1996-10-31,4.42835,4.51451,4.42835,4.49185,
EXC,1996-11-01,4.49185,4.51451,4.47358,4.51451,
EXC,1996-11-04,4.51451,4.60509,4.51451,4.60509,
EXC,1996-11-05,4.62756,4.7409,4.62756,4.7409,
EXC,1996-11-06,4.7409,4.80451,4.69576,4.7409,
EXC,1996-11-07,4.78183,4.8726,4.78183,4.84994,
EXC,1996-11-08,4.84994,4.84994,4.78183,4.82747,
EXC,1996-11-11,4.82747,4.8726,4.80451,4.82747,
EXC,1996-11-12,4.82747,4.82747,4.78183,4.80451,
EXC,1996-11-13,4.81809,4.81809,4.70484,4.75028,
EXC,1996-11-14,4.75028,4.77275,4.70484,4.72752,
EXC,1996-11-15,4.72752,4.79551,4.72752,4.77275,
EXC,1996-11-18,4.77275,4.77275,4.70484,4.77275,
EXC,1996-11-19,4.77275,4.77275,4.75028,4.77275,
EXC,1996-11-20,4.79551,4.81809,4.77275,4.81809,
EXC,1996-11-21,4.81809,4.84075,4.72752,4.77275,
EXC,1996-11-22,4.77275,4.77275,4.65951,4.70484,
EXC,1996-11-25,4.70484,4.75028,4.68227,4.72752,
EXC,1996-11-26,4.75028,4.81809,4.56884,4.63684,
EXC,1996-11-27,4.65951,4.65951,4.56884,4.61427,
EXC,1996-11-29,4.61427,4.63684,4.5915,4.61427,
EXC,1996-12-02,4.61427,4.61427,4.50083,4.54637,
EXC,1996-12-03,4.54637,4.5915,4.50083,4.50083,
EXC,1996-12-04,4.50083,4.5915,4.4602,4.56884,
EXC,1996-12-05,4.54637,4.61427,4.50083,4.54637,
EXC,1996-12-06,4.47817,4.54637,4.43743,4.54637,
EXC,1996-12-09,4.56884,4.61427,4.52331,4.61427,
EXC,1996-12-10,4.5915,4.5915,4.52331,4.52331,
EXC,1996-12-11,4.50083,4.54637,4.43743,4.54637,
EXC,1996-12-12,4.56884,4.5915,4.52331,4.54637,
EXC,1996-12-13,4.54637,4.5915,4.50083,4.56884,
EXC,1996-12-16,4.56884,4.5915,4.52331,4.52331,
EXC,1996-12-17,4.50083,4.52331,4.4602,4.47817,
EXC,1996-12-18,4.47817,4.50083,4.39219,4.47817,
EXC,1996-12-19,4.50083,4.50083,4.40987,4.47817,
EXC,1996-12-20,4.52331,4.52331,4.47817,4.52331,
EXC,1996-12-23,4.50083,4.54637,4.47817,4.54637,
EXC,1996-12-24,4.52331,4.54637,4.50083,4.54637,
EXC,1996-12-26,4.54637,4.56884,4.52331,4.52331,
EXC,1996-12-27,4.56884,4.5915,4.52331,4.54637,
EXC,1996-12-30,4.56884,4.56884,4.52331,4.54637,
EXC,1996-12-31,4.54637,4.56884,4.54637,4.56884,
EXC,1997-01-02,4.56884,4.56884,4.47817,4.52331,
EXC,1997-01-03,4.54637,4.56884,4.52331,4.54637,
EXC,1997-01-06,4.54637,4.56884,4.54637,4.54637,
EXC,1997-01-07,4.54637,4.63684,4.52331,4.61427,
EXC,1997-01-08,4.63684,4.65951,4.5915,4.61427,
EXC,1997-01-09,4.61427,4.68227,4.61427,4.65951,
EXC,1997-01-10,4.5915,4.65951,4.56884,4.65951,
EXC,1997-01-13,4.68227,4.69576,4.61427,4.68227,
EXC,1997-01-14,4.72752,4.72752,4.65951,4.68227,
EXC,1997-01-15,4.68227,4.70484,4.63684,4.70484,
EXC,1997-01-16,4.70484,4.70484,4.61427,4.61427,
EXC,1997-01-17,4.61427,4.63684,4.5915,4.61427,
EXC,1997-01-20,4.61427,4.61427,4.39219,4.56884,
EXC,1997-01-21,4.56884,4.61427,4.54637,4.61427,
EXC,1997-01-22,4.61427,4.68227,4.5915,4.68227,
EXC,1997-01-23,4.70484,4.77275,4.68227,4.70484,
EXC,1997-01-24,4.65951,4.70484,4.61427,4.61427,
EXC,1997-01-27,4.61427,4.68227,4.34686,4.34686,
EXC,1997-01-28,4.16542,4.18369,4.02492,4.09751,
EXC,1997-01-29,4.12008,4.21085,4.12008,4.16542,
EXC,1997-01-30,4.18369,4.21085,4.12008,4.16542,
EXC,1997-01-31,4.18369,4.23323,4.16542,4.16542,
EXC,1997-02-03,4.18369,4.21085,4.07016,4.12008,
EXC,1997-02-04,4.12008,4.13836,4.09751,4.09751,
EXC,1997-02-05,4.12008,4.16542,4.09751,4.12008,
EXC,1997-02-06,4.12008,4.13836,4.09751,4.13836,
EXC,1997-02-07,4.13836,4.18369,4.13836,4.13836,
EXC,1997-02-10,4.13836,4.18369,4.13836,4.18369,
EXC,1997-02-11,4.18369,4.18369,4.13836,4.18369,
EXC,1997-02-12,4.18369,4.23323,4.18369,4.23323,
EXC,1997-02-13,4.23323,4.25159,4.18369,4.23323,
EXC,1997-02-14,4.23323,4.27886,4.21085,4.23323,
EXC,1997-02-18,4.24701,4.24701,4.19717,4.21983,
EXC,1997-02-19,4.21983,4.21983,4.19717,4.21983,
EXC,1997-02-20,4.1744,4.21983,4.08393,4.1065,
EXC,1997-02-21,4.1065,4.12936,4.01594,4.03391,
EXC,1997-02-24,4.01594,4.1065,4.01594,4.1065,
EXC,1997-02-25,4.1065,4.12936,4.08393,4.12936,
EXC,1997-02-26,4.1065,4.12936,4.03391,4.06118,
EXC,1997-02-27,4.08393,4.08393,4.03391,4.03391,
EXC,1997-02-28,4.08393,4.15184,4.03391,4.15184,
EXC,1997-03-03,4.15184,4.15184,4.1065,4.12936,
EXC,1997-03-04,4.12936,4.12936,4.06118,4.06118,
EXC,1997-03-05,4.06118,4.08393,4.03391,4.08393,
EXC,1997-03-06,4.08393,4.08393,4.01594,4.01594,
EXC,1997-03-07,4.01594,4.19717,4.01594,4.08393,
EXC,1997-03-10,4.08393,4.08393,4.06118,4.08393,
EXC,1997-03-11,4.06118,4.08393,3.98857,3.98857,
EXC,1997-03-12,3.98857,4.01594,3.92067,3.97061,
EXC,1997-03-13,3.92067,3.92067,3.78495,3.85266,
EXC,1997-03-14,3.87534,3.8978,3.85266,3.8978,
EXC,1997-03-17,3.85266,3.87534,3.8301,3.85266,
EXC,1997-03-18,3.87534,3.87534,3.7575,3.78495,
EXC,1997-03-19,3.7575,3.78495,3.73494,3.78495,
EXC,1997-03-20,3.78495,3.80284,3.71676,3.71676,
EXC,1997-03-21,3.7575,3.7575,3.73494,3.73494,
EXC,1997-03-24,3.7575,3.78495,3.7575,3.78495,
EXC,1997-03-25,3.78495,3.87534,3.7575,3.8301,
EXC,1997-03-26,3.8301,3.87534,3.80284,3.80284,
EXC,1997-03-27,3.8301,3.8301,3.68951,3.71676,
EXC,1997-03-31,3.73494,3.78495,3.71676,3.7575,
EXC,1997-04-01,3.80284,3.8301,3.73494,3.73494,
EXC,1997-04-02,3.7575,3.78495,3.73494,3.73494,
EXC,1997-04-03,3.73494,3.73494,3.64407,3.68951,
EXC,1997-04-04,3.68951,3.68951,3.59894,3.6215,
EXC,1997-04-07,3.64407,3.66693,3.6215,3.6215,
EXC,1997-04-08,3.59894,3.64407,3.59894,3.6215,
EXC,1997-04-09,3.6215,3.66693,3.59894,3.6215,
EXC,1997-04-10,3.64407,3.66693,3.6215,3.66693,
EXC,1997-04-11,3.66693,3.66693,3.64407,3.64407,
EXC,1997-04-14,3.64407,3.66693,3.59894,3.59894,
EXC,1997-04-15,3.64407,3.64407,3.54901,3.57607,
EXC,1997-04-16,3.53093,3.57607,3.45844,3.50836,
EXC,1997-04-17,3.4811,3.57607,3.4811,3.54901,
EXC,1997-04-18,3.54901,3.59894,3.54901,3.57607,
EXC,1997-04-21,3.59894,3.6215,3.57607,3.57607,
EXC,1997-04-22,3.57607,3.6215,3.57607,3.59894,
EXC,1997-04-23,3.59894,3.59894,3.57607,3.57607,
EXC,1997-04-24,3.59894,3.59894,3.50836,3.50836,
EXC,1997-04-25,3.53093,3.54901,3.50836,3.53093,
EXC,1997-04-28,3.54901,3.6215,3.54901,3.59894,
EXC,1997-04-29,3.66693,3.68951,3.64407,3.64407,
EXC,1997-04-30,3.64407,3.66693,3.64407,3.64407,
EXC,1997-05-01,3.66693,3.66693,3.6215,3.66693,
EXC,1997-05-02,3.64407,3.68951,3.6215,3.66693,
EXC,1997-05-05,3.68951,3.78495,3.66693,3.78495,
EXC,1997-05-06,3.7575,3.80284,3.73494,3.80284,
EXC,1997-05-07,3.7575,3.80284,3.7575,3.7575,
EXC,1997-05-08,3.73494,3.78495,3.68951,3.71676,
EXC,1997-05-09,3.71676,3.73494,3.64407,3.71676,
EXC,1997-05-12,3.71676,3.71676,3.64407,3.66693,
EXC,1997-05-13,3.68951,3.68951,3.64407,3.66693,
EXC,1997-05-14,3.68951,3.73494,3.68951,3.68951,
EXC,1997-05-15,3.71676,3.73494,3.68951,3.71676,
EXC,1997-05-16,3.73494,3.7575,3.71676,3.7575,
EXC,1997-05-19,3.7575,3.78495,3.71676,3.73494,
EXC,1997-05-20,3.73494,3.80284,3.73494,3.80284,
EXC,1997-05-21,3.82091,3.82091,3.77109,3.79825,
EXC,1997-05-22,3.79825,3.79825,3.68042,3.70347,
EXC,1997-05-23,3.72595,3.77109,3.70347,3.74842,
EXC,1997-05-27,3.77109,3.79825,3.74842,3.74842,
EXC,1997-05-28,3.74842,3.74842,3.60772,3.63059,
EXC,1997-05-29,3.63059,3.65315,3.60772,3.63059,
EXC,1997-05-30,3.63059,3.64407,3.56268,3.58534,
EXC,1997-06-02,3.60772,3.65315,3.58534,3.63059,
EXC,1997-06-03,3.60772,3.70347,3.60772,3.70347,
EXC,1997-06-04,3.70347,3.72595,3.68042,3.68042,
EXC,1997-06-05,3.68042,3.72595,3.66693,3.68042,
EXC,1997-06-06,3.65315,3.70347,3.65315,3.65315,
EXC,1997-06-09,3.68042,3.70347,3.65315,3.68042,
EXC,1997-06-10,3.68042,3.70347,3.65315,3.68042,
EXC,1997-06-11,3.68042,3.74842,3.68042,3.70347,
EXC,1997-06-12,3.74842,3.77109,3.70347,3.77109,
EXC,1997-06-13,3.77109,3.82091,3.74842,3.79825,
EXC,1997-06-16,3.82091,3.82091,3.72595,3.77109,
EXC,1997-06-17,3.77109,3.79825,3.72595,3.79825,
EXC,1997-06-18,3.77109,3.77109,3.72595,3.77109,
EXC,1997-06-19,3.79825,3.82091,3.77109,3.77109,
EXC,1997-06-20,3.79825,3.84378,3.79825,3.83469,
EXC,1997-06-23,3.82091,3.91178,3.77109,3.86625,
EXC,1997-06-24,3.86625,3.87983,3.80743,3.85726,
EXC,1997-06-25,3.85726,3.86625,3.77109,3.78495,
EXC,1997-06-26,3.78495,3.84378,3.78495,3.83469,
EXC,1997-06-27,3.87983,3.91178,3.86625,3.9028,
EXC,1997-06-30,3.9028,3.98418,3.8937,3.9616,
EXC,1997-07-01,3.93885,4.06586,3.91178,4.05648,
EXC,1997-07-02,4.05648,4.11549,4.0429,4.09293,
EXC,1997-07-03,4.11549,4.1744,4.10191,4.12936,
EXC,1997-07-07,4.14725,4.1744,4.13836,4.1744,
EXC,1997-07-08,4.1744,4.21983,4.1744,4.21085,
EXC,1997-07-09,4.23323,4.24701,4.1744,4.1744,
EXC,1997-07-10,4.19717,4.26527,4.19717,4.26527,
EXC,1997-07-11,4.26527,4.30132,4.26527,4.28315,
EXC,1997-07-14,4.26527,4.30132,4.26527,4.30132,
EXC,1997-07-15,4.28315,4.29204,4.26527,4.28315,
EXC,1997-07-16,4.26527,4.29204,4.21983,4.21983,
EXC,1997-07-17,4.21983,4.24701,4.10191,4.10191,
EXC,1997-07-18,4.05648,4.10191,3.98418,4.10191,
EXC,1997-07-21,4.05648,4.07935,4.01124,4.07935,
EXC,1997-07-22,4.11549,4.19717,4.09293,4.1744,
EXC,1997-07-23,4.16542,4.23323,4.14725,4.14725,
EXC,1997-07-24,4.14725,4.19717,4.14725,4.19717,
EXC,1997-07-25,4.21983,4.21983,4.14725,4.1744,
EXC,1997-07-28,4.18369,4.21983,4.11549,4.14725,
EXC,1997-07-29,4.14725,4.21983,4.02961,4.19717,
EXC,1997-07-30,4.18369,4.324,4.18369,4.3151,
EXC,1997-07-31,4.36015,4.44192,4.35126,4.43284,
EXC,1997-08-01,4.3875,4.40987,4.3151,4.35126,
EXC,1997-08-04,4.3151,4.33768,4.29204,4.30132,
EXC,1997-08-05,4.28315,4.3875,4.26527,4.324,
EXC,1997-08-06,4.33768,4.40108,4.33768,4.40108,
EXC,1997-08-07,4.42375,4.42375,4.36015,4.37393,
EXC,1997-08-08,4.324,4.324,4.23323,4.24701,
EXC,1997-08-11,4.25599,4.324,4.21983,4.3151,
EXC,1997-08-12,4.35126,4.40987,4.33768,4.40108,
EXC,1997-08-13,4.42375,4.43284,4.1744,4.37393,
EXC,1997-08-14,4.3875,4.42375,4.30132,4.324,
EXC,1997-08-15,4.3151,4.324,4.24701,4.26527,
EXC,1997-08-18,4.23323,4.3151,4.21983,4.3151,
EXC,1997-08-19,4.29204,4.40108,4.29204,4.3875,
EXC,1997-08-20,4.42375,4.42375,4.35595,4.40987,
EXC,1997-08-21,4.40108,4.40987,4.30132,4.31949,
EXC,1997-08-22,4.32868,4.40108,4.29204,4.40108,
EXC,1997-08-25,4.40987,4.4602,4.37393,4.42375,
EXC,1997-08-26,4.3875,4.58262,4.37393,4.55516,
EXC,1997-08-27,4.55516,4.67758,4.44632,4.62756,
EXC,1997-08-28,4.58262,4.62756,4.56884,4.58262,
EXC,1997-08-29,4.56884,4.62756,4.55516,4.58262,
EXC,1997-09-02,4.60509,4.61858,4.54637,4.56884,
EXC,1997-09-03,4.58262,4.6641,4.54637,4.61858,
EXC,1997-09-04,4.5915,4.5915,4.54637,4.55516,
EXC,1997-09-05,4.5915,4.60509,4.56884,4.56884,
EXC,1997-09-08,4.5915,4.61858,4.55516,4.56884,
EXC,1997-09-09,4.54637,4.62756,4.54637,4.5915,
EXC,1997-09-10,4.58262,4.61858,4.55516,4.55516,
EXC,1997-09-11,4.54637,4.5915,4.53269,4.56884,
EXC,1997-09-12,4.56884,4.61858,4.55516,4.61858,
EXC,1997-09-15,4.61858,4.64134,4.5915,4.60509,
EXC,1997-09-16,4.61858,4.65481,4.60509,4.60509,
EXC,1997-09-17,4.61858,4.61858,4.56884,4.58262,
EXC,1997-09-18,4.61858,4.61858,4.56884,4.58262,
EXC,1997-09-19,4.5915,4.60509,4.55516,4.58262,
EXC,1997-09-22,4.61858,4.61858,4.54637,4.58262,
EXC,1997-09-23,4.56884,4.56884,4.48276,4.519,
EXC,1997-09-24,4.54637,4.56884,4.44632,4.44632,
EXC,1997-09-25,4.47358,4.55516,4.4602,4.519,
EXC,1997-09-26,4.51002,4.54637,4.44632,4.4602,
EXC,1997-09-29,4.4602,4.51002,4.43743,4.51002,
EXC,1997-09-30,4.49643,4.53269,4.47358,4.51002,
EXC,1997-10-01,4.53269,4.58262,4.519,4.54637,
EXC,1997-10-02,4.53269,4.58262,4.51002,4.58262,
EXC,1997-10-03,4.61858,4.61858,4.49643,4.53269,
EXC,1997-10-06,4.56884,4.58262,4.49643,4.519,
EXC,1997-10-07,4.47358,4.49643,4.43743,4.48276,
EXC,1997-10-08,4.43743,4.44632,4.36483,4.36483,
EXC,1997-10-09,4.35595,4.3875,4.28315,4.31949,
EXC,1997-10-10,4.28315,4.36483,4.24701,4.32868,
EXC,1997-10-13,4.32868,4.3875,4.28315,4.29204,
EXC,1997-10-14,4.33768,4.36483,4.30132,4.35595,
EXC,1997-10-15,4.31949,4.32868,4.26527,4.28315,
EXC,1997-10-16,4.28315,4.33768,4.25599,4.30132,
EXC,1997-10-17,4.23323,4.37393,4.23323,4.33768,
EXC,1997-10-20,4.32868,4.4602,4.32868,4.44632,
EXC,1997-10-21,4.44632,4.55516,4.44632,4.54637,
EXC,1997-10-22,4.54637,4.56884,4.53269,4.54637,
EXC,1997-10-23,4.47358,4.49643,4.42375,4.48276,
EXC,1997-10-24,4.47358,4.49643,4.40108,4.40108,
EXC,1997-10-27,4.35595,4.42375,4.25599,4.28315,
EXC,1997-10-28,4.18369,4.37393,4.12477,4.36483,
EXC,1997-10-29,4.32868,4.40108,4.24701,4.30132,
EXC,1997-10-30,4.25599,4.37393,4.21983,4.30132,
EXC,1997-10-31,4.35595,4.42375,4.30132,4.37393,
EXC,1997-11-03,4.37393,4.40108,4.33768,4.40108,
EXC,1997-11-04,4.35595,4.42375,4.32868,4.40987,
EXC,1997-11-05,4.40108,4.47358,4.40108,4.40987,
EXC,1997-11-06,4.40987,4.40987,4.29204,4.35595,
EXC,1997-11-07,4.28315,4.33768,4.26527,4.32868,
EXC,1997-11-10,4.33768,4.37393,4.32868,4.36483,
EXC,1997-11-11,4.36483,4.44632,4.35595,4.42375,
EXC,1997-11-12,4.37841,4.46459,4.34226,4.45101,
EXC,1997-11-13,4.46459,4.48715,4.41476,4.45101,
EXC,1997-11-14,4.46459,4.51451,4.41476,4.46459,
EXC,1997-11-17,4.51451,4.55976,4.48715,4.52331,
EXC,1997-11-18,4.52331,4.59581,4.48715,4.58701,
EXC,1997-11-19,4.57334,4.70943,4.51451,4.65043,
EXC,1997-11-20,4.68666,4.70943,4.65951,4.70943,
EXC,1997-11-21,4.71861,4.71861,4.65951,4.70943,
EXC,1997-11-24,4.67319,4.7365,4.65951,4.70943,
EXC,1997-11-25,4.74578,4.80909,4.70943,4.80909,
EXC,1997-11-26,4.81809,4.83166,4.77275,4.77275,
EXC,1997-11-28,4.78183,4.83166,4.77275,4.77275,
EXC,1997-12-01,4.79551,4.90436,4.78183,4.90436,
EXC,1997-12-02,4.90436,4.90436,4.84524,4.86791,
EXC,1997-12-03,4.86791,4.86791,4.79551,4.85414,
EXC,1997-12-04,4.83166,4.83166,4.79551,4.80909,
EXC,1997-12-05,4.75897,4.89058,4.7365,4.84524,
EXC,1997-12-08,4.81809,4.84524,4.77275,4.79551,
EXC,1997-12-09,4.77275,4.83166,4.7365,4.83166,
EXC,1997-12-10,4.86791,4.90436,4.80909,4.90436,
EXC,1997-12-11,4.90436,4.90436,4.57334,4.65951,
EXC,1997-12-12,4.61427,4.61427,4.30132,4.50083,
EXC,1997-12-15,4.41476,4.48715,4.39219,4.48715,
EXC,1997-12-16,4.53719,4.59581,4.46459,4.47817,
EXC,1997-12-17,4.52331,4.61427,4.51451,4.58701,
EXC,1997-12-18,4.63225,4.65951,4.55077,4.65043,
EXC,1997-12-19,4.55077,4.69576,4.55077,4.67319,
EXC,1997-12-22,4.70943,4.88169,4.68666,4.86791,
EXC,1997-12-23,4.85414,4.93133,4.83166,4.84524,
EXC,1997-12-24,4.85414,4.85414,4.75897,4.75897,
EXC,1997-12-26,4.78183,4.85414,4.78183,4.83166,
EXC,1997-12-29,4.88169,4.88169,4.71861,4.83166,
EXC,1997-12-30,4.85414,4.85414,4.68666,4.71861,
EXC,1997-12-31,4.71861,4.79551,4.71861,4.75897,
EXC,1998-01-02,4.79551,4.84524,4.78183,4.80909,
EXC,1998-01-05,4.80909,4.84524,4.70943,4.74578,
EXC,1998-01-06,4.70943,4.78183,4.67319,4.7365,
EXC,1998-01-07,4.68666,4.71861,4.62345,4.65043,
EXC,1998-01-08,4.65043,4.7365,4.58701,4.71861,
EXC,1998-01-09,4.70943,4.83166,4.68666,4.68666,
EXC,1998-01-12,4.61427,4.69576,4.61427,4.68666,
EXC,1998-01-13,4.70943,4.70943,4.59581,4.63225,
EXC,1998-01-14,4.67319,4.68666,4.59581,4.67319,
EXC,1998-01-15,4.65951,4.65951,4.52331,4.55077,
EXC,1998-01-16,4.55077,4.58701,4.51451,4.55077,
EXC,1998-01-20,4.59581,4.59581,4.52331,4.57334,
EXC,1998-01-21,4.58701,4.61427,4.55077,4.61427,
EXC,1998-01-22,4.59581,4.61427,4.55976,4.58701,
EXC,1998-01-23,4.58701,4.58701,4.37841,4.45101,
EXC,1998-01-26,4.50083,4.51451,4.41476,4.41476,
EXC,1998-01-27,4.02492,4.02492,3.79825,3.92517,
EXC,1998-01-28,3.87534,3.9028,3.82551,3.9028,
EXC,1998-01-29,3.9028,3.9028,3.79825,3.84817,
EXC,1998-01-30,3.84817,3.86625,3.70347,3.71676,
EXC,1998-02-02,3.76209,3.82551,3.73924,3.78018,
EXC,1998-02-03,3.72595,3.7531,3.70347,3.7531,
EXC,1998-02-04,3.72595,3.73924,3.70347,3.73924,
EXC,1998-02-05,3.92517,3.94793,3.84817,3.94793,
EXC,1998-02-06,3.9616,3.98418,3.92517,3.98418,
EXC,1998-02-09,3.92517,4.01124,3.9028,4.01124,
EXC,1998-02-10,3.99776,4.06118,3.97509,4.03391,
EXC,1998-02-11,4.01124,4.03391,3.93885,3.97509,
EXC,1998-02-12,3.93885,4.02492,3.93885,4.01124,
EXC,1998-02-13,3.9616,3.9616,3.92517,3.94793,
EXC,1998-02-17,3.94793,4.02492,3.93885,4.01124,
EXC,1998-02-18,3.99776,4.01124,3.97509,3.98418,
EXC,1998-02-19,3.94793,3.99776,3.94793,3.97509,
EXC,1998-02-20,3.97509,3.97509,3.91178,3.9616,
EXC,1998-02-23,3.91178,3.9616,3.87075,3.91178,
EXC,1998-02-24,3.91178,3.92067,3.84817,3.8978,
EXC,1998-02-25,3.8978,3.94793,3.8978,3.93885,
EXC,1998-02-26,3.91178,3.93885,3.8978,3.93885,
EXC,1998-02-27,3.91178,3.93885,3.88442,3.93885,
EXC,1998-03-02,3.8978,3.99776,3.8978,3.98418,
EXC,1998-03-03,3.94793,4.06118,3.93885,4.06118,
EXC,1998-03-04,4.02492,4.06118,4.01124,4.06118,
EXC,1998-03-05,4.06118,4.08393,4.06118,4.06118,
EXC,1998-03-06,4.08393,4.23323,4.08393,4.21983,
EXC,1998-03-09,4.1744,4.23323,4.1744,4.21983,
EXC,1998-03-10,4.21983,4.29204,4.21983,4.29204,
EXC,1998-03-11,4.26967,4.29204,4.23323,4.23323,
EXC,1998-03-12,4.21085,4.31949,4.1744,4.31949,
EXC,1998-03-13,4.34686,4.39668,4.28315,4.33298,
EXC,1998-03-16,4.28315,4.31949,4.26967,4.26967,
EXC,1998-03-17,4.31041,4.31041,4.24701,4.24701,
EXC,1998-03-18,4.23323,4.31041,4.21983,4.31041,
EXC,1998-03-19,4.28315,4.31041,4.21983,4.26967,
EXC,1998-03-20,4.28315,4.36015,4.24701,4.33298,
EXC,1998-03-23,4.36015,4.36953,4.23323,4.36015,
EXC,1998-03-24,4.36953,4.38301,4.31949,4.36953,
EXC,1998-03-25,4.36953,4.36953,4.29204,4.34686,
EXC,1998-03-26,4.29204,4.31949,4.26967,4.26967,
EXC,1998-03-27,4.29204,4.31041,4.25599,4.29204,
EXC,1998-03-30,4.26967,4.34686,4.26967,4.34686,
EXC,1998-03-31,4.33298,4.43284,4.33298,4.39668,
EXC,1998-04-01,4.39668,4.44192,4.33298,4.44192,
EXC,1998-04-02,4.44192,4.44192,4.38301,4.41934,
EXC,1998-04-03,4.39668,4.46889,4.36953,4.36953,
EXC,1998-04-06,4.39668,4.39668,4.31949,4.33298,
EXC,1998-04-07,4.28315,4.34686,4.25599,4.29204,
EXC,1998-04-08,4.29204,4.39668,4.29204,4.34686,
EXC,1998-04-09,4.36953,4.36953,4.31041,4.31949,
EXC,1998-04-13,4.31949,4.31949,4.21085,4.21085,
EXC,1998-04-14,4.24701,4.31041,4.24701,4.28315,
EXC,1998-04-15,4.29204,4.48276,4.28315,4.38301,
EXC,1998-04-16,4.34686,4.36015,4.21983,4.28315,
EXC,1998-04-17,4.29204,4.36953,4.26967,4.36015,
EXC,1998-04-20,4.31949,4.41934,4.31949,4.36953,
EXC,1998-04-21,4.34686,4.46889,4.34686,4.43284,
EXC,1998-04-22,4.39668,4.49185,4.36953,4.49185,
EXC,1998-04-23,4.44192,4.48276,4.41934,4.43284,
EXC,1998-04-24,4.38301,4.51002,4.36953,4.44192,
EXC,1998-04-27,4.41934,4.43284,4.36953,4.43284,
EXC,1998-04-28,4.41934,4.44192,4.39219,4.44192,
EXC,1998-04-29,4.43284,4.46889,4.38301,4.39668,
EXC,1998-04-30,4.61858,4.7322,4.61858,4.7322,
EXC,1998-05-01,4.71861,4.77733,4.71861,4.76825,
EXC,1998-05-04,4.76825,4.79092,4.71861,4.7322,
EXC,1998-05-05,4.6685,4.69576,4.61858,4.6685,
EXC,1998-05-06,4.69576,4.69576,4.61858,4.62756,
EXC,1998-05-07,4.60509,4.60509,4.53269,4.5915,
EXC,1998-05-08,4.61858,4.75477,4.60509,4.71861,
EXC,1998-05-11,4.70484,4.76825,4.69576,4.75477,
EXC,1998-05-12,4.75477,4.76825,4.69576,4.69576,
EXC,1998-05-13,4.6685,4.70484,4.61858,4.61858,
EXC,1998-05-14,4.61858,4.71861,4.58262,4.69576,
EXC,1998-05-15,5.26732,5.36621,5.18975,5.21721,
EXC,1998-05-18,5.19923,5.28912,5.18975,5.26732,
EXC,1998-05-19,5.31237,5.46195,5.30299,5.42521,
EXC,1998-05-20,5.41164,5.53865,5.39874,5.51198,
EXC,1998-05-21,5.46195,5.49703,5.38497,5.43459,
EXC,1998-05-22,5.41164,5.43459,5.19923,5.39874,
EXC,1998-05-26,5.41164,5.45287,5.34842,5.42521,
EXC,1998-05-27,5.38497,5.46195,5.34842,5.46195,
EXC,1998-05-28,5.43459,5.63948,5.42521,5.62502,
EXC,1998-05-29,5.66117,5.66117,5.57607,5.66117,
EXC,1998-06-01,5.63948,5.81076,5.63948,5.77363,
EXC,1998-06-02,5.77363,5.78819,5.70211,5.73855,
EXC,1998-06-03,5.76103,5.78819,5.7153,5.75252,
EXC,1998-06-04,5.70211,5.7153,5.61153,5.63948,
EXC,1998-06-05,5.62502,5.68852,5.60195,5.62502,
EXC,1998-06-08,5.67837,5.7243,5.61153,5.61153,
EXC,1998-06-09,5.63948,5.7153,5.62502,5.70211,
EXC,1998-06-10,5.67837,5.90191,5.66117,5.83762,
EXC,1998-06-11,5.83762,6.01378,5.83762,6.00187,"[""Movers and Shakers 6-11-98 ASM Lithography warns"", ""Snap Long-bond yield: record lowAsian worries wound stocks By Kevin N. Marder, CBS MarketWatchLast Update: 6/11/98 8:00:00 PMNEW YORK (CBS.MW) -- U.S. stocks dove, U.S.bond yields cascaded to record lows, the dollar roared to another multiyear high, and crudeoil spilled sharply lower Thursday as investors of all stripes reacted to theworsening Asian economic crisis."", ""Earnings Surprises 6-11-98 Earnings Advisories MEMC Electronic warns at the close""]"
EXC,1998-06-12,5.97861,6.01378,5.91413,5.96454,
EXC,1998-06-15,5.94265,6.13767,5.91413,6.02268,
EXC,1998-06-16,5.97861,5.9874,5.82864,5.87397,
EXC,1998-06-17,5.87397,5.90191,5.7243,5.90191,
EXC,1998-06-18,5.92478,6.00187,5.90191,5.94265,
EXC,1998-06-19,5.94265,5.94265,5.78819,5.86596,
EXC,1998-06-22,5.86596,5.92478,5.77363,5.80284,
EXC,1998-06-23,5.77363,5.86596,5.76103,5.78819,
EXC,1998-06-24,5.76103,5.80284,5.70211,5.77363,
EXC,1998-06-25,5.76103,5.78819,5.67837,5.7153,
EXC,1998-06-26,5.73855,5.76103,5.66117,5.7153,
EXC,1998-06-29,5.70211,5.83762,5.70211,5.81076,
EXC,1998-06-30,5.83762,5.92478,5.81076,5.8519,
EXC,1998-07-01,5.88755,5.95066,5.88755,5.92478,
EXC,1998-07-02,5.87397,6.01378,5.87397,5.9874,
EXC,1998-07-06,6.01378,6.01378,5.90191,5.91413,
EXC,1998-07-07,5.92478,6.01378,5.92478,5.92478,
EXC,1998-07-08,5.95066,5.95066,5.88755,5.90191,
EXC,1998-07-09,5.8519,5.91413,5.83762,5.86596,
EXC,1998-07-10,5.83762,5.95066,5.80284,5.91413,
EXC,1998-07-13,5.88755,5.91413,5.77363,5.81076,
EXC,1998-07-14,5.91413,5.91413,5.76103,5.78819,
EXC,1998-07-15,5.78819,5.80284,5.7243,5.80284,
EXC,1998-07-16,5.76103,5.78819,5.7153,5.77363,
EXC,1998-07-17,5.81076,5.86596,5.77363,5.83762,
EXC,1998-07-20,5.83762,5.86596,5.78819,5.8519,
EXC,1998-07-21,5.87397,5.88755,5.80284,5.88755,
EXC,1998-07-22,5.88755,5.96454,5.86596,5.94265,
EXC,1998-07-23,5.91413,5.95066,5.81076,5.91413,
EXC,1998-07-24,5.91413,5.95066,5.87397,5.91413,
EXC,1998-07-27,5.91413,5.97861,5.86596,5.92478,
EXC,1998-07-28,5.92478,5.9874,5.91413,5.94265,
EXC,1998-07-29,5.96454,6.00187,5.95066,6.00187,
EXC,1998-07-30,6.00187,6.0726,5.9874,6.05198,
EXC,1998-07-31,6.06576,6.06576,5.97861,6.00187,
EXC,1998-08-03,5.96454,6.03733,5.8519,6.01378,
EXC,1998-08-04,6.05198,6.06576,5.96454,5.97861,
EXC,1998-08-05,5.94265,5.96454,5.81076,5.92478,
EXC,1998-08-06,5.87397,5.94265,5.82864,5.92478,
EXC,1998-08-07,5.92478,6.03733,5.8519,6.01378,
EXC,1998-08-10,5.96454,6.05198,5.91413,5.9874,
EXC,1998-08-11,5.94265,6.01378,5.91413,6.00187,
EXC,1998-08-12,6.05198,6.27456,6.02268,6.24895,
EXC,1998-08-13,6.21555,6.27768,6.13767,6.17783,
EXC,1998-08-14,6.18819,6.30094,6.15037,6.21555,
EXC,1998-08-17,6.24895,6.34139,6.24895,6.30094,
EXC,1998-08-18,6.27768,6.35585,6.24037,6.35585,
EXC,1998-08-19,6.36444,6.36444,6.264,6.34139,
EXC,1998-08-20,6.31354,6.35585,6.264,6.32614,
EXC,1998-08-21,6.29155,6.45385,6.24037,6.44105,
EXC,1998-08-24,6.46743,6.50475,6.43216,6.47818,
EXC,1998-08-25,6.50475,6.54569,6.44105,6.47818,
EXC,1998-08-26,6.56894,6.66851,6.51774,6.64016,
EXC,1998-08-27,6.56894,6.79424,6.56894,6.69341,
EXC,1998-08-28,6.66851,6.94354,6.63118,6.90895,
EXC,1998-08-31,6.89517,7.09762,6.89517,6.91999,
EXC,1998-09-01,6.91999,6.97187,6.60558,6.8302,
EXC,1998-09-02,6.7024,6.77148,6.4134,6.47818,
EXC,1998-09-03,6.44105,6.56894,6.37725,6.44105,
EXC,1998-09-04,6.44105,6.51774,6.34139,6.43216,
EXC,1998-09-08,6.45385,6.64016,6.4134,6.60558,
EXC,1998-09-09,6.6173,6.6173,6.47818,6.54569,
EXC,1998-09-10,6.51774,6.6173,6.48912,6.60558,
EXC,1998-09-11,6.60558,6.75145,6.48912,6.69341,
EXC,1998-09-14,6.68022,6.7327,6.63118,6.7024,
EXC,1998-09-15,6.68022,6.80812,6.68022,6.80812,
EXC,1998-09-16,6.75145,6.84408,6.69341,6.84408,
EXC,1998-09-17,6.79424,6.87104,6.71686,6.87104,
EXC,1998-09-18,6.87104,6.99815,6.84408,6.89517,
EXC,1998-09-21,6.90895,6.9622,6.84408,6.92967,
EXC,1998-09-22,6.90895,7.02033,6.87104,6.89517,
EXC,1998-09-23,6.92967,6.92967,6.81779,6.91999,
EXC,1998-09-24,6.87104,6.94354,6.60558,6.77148,
EXC,1998-09-25,6.77148,6.99815,6.77148,6.89517,
EXC,1998-09-28,6.88618,6.97187,6.8302,6.94354,
EXC,1998-09-29,6.97187,7.00646,6.89517,7.00646,
EXC,1998-09-30,7.07348,7.42942,7.07348,7.42942,
EXC,1998-10-01,7.42942,7.51512,7.37413,7.46118,
EXC,1998-10-02,7.47983,7.67817,7.47983,7.55175,
EXC,1998-10-05,7.57803,7.59181,7.41486,7.57803,
EXC,1998-10-06,7.60148,7.88413,7.59181,7.82757,
EXC,1998-10-07,7.88413,8.05482,7.81917,8.03206,
EXC,1998-10-08,7.98292,8.28492,7.93328,8.22209,
EXC,1998-10-09,8.20686,8.20686,7.85512,8.03206,
EXC,1998-10-12,8.08462,8.08462,7.57803,7.75703,
EXC,1998-10-13,7.85512,8.00509,7.82757,7.94226,
EXC,1998-10-14,7.94226,8.10944,7.85512,7.89107,
EXC,1998-10-15,7.89107,7.89107,7.69205,7.82757,
EXC,1998-10-16,7.83861,7.83861,7.62776,7.67817,
EXC,1998-10-19,7.72722,7.87036,7.71413,7.76943,
EXC,1998-10-20,7.81917,8.00509,7.80675,7.89107,
EXC,1998-10-21,7.91668,7.96787,7.82757,7.83861,
EXC,1998-10-22,7.83861,8.02171,7.83861,7.93328,
EXC,1998-10-23,7.93328,7.96787,7.82757,7.82757,
EXC,1998-10-26,7.83861,7.90904,7.69205,7.69205,
EXC,1998-10-27,7.76943,7.77705,7.52957,7.62776,
EXC,1998-10-28,7.67817,7.75703,7.65541,7.72722,
EXC,1998-10-29,7.75703,7.76943,7.62776,7.70651,
EXC,1998-10-30,7.70651,7.90904,7.69205,7.82757,
EXC,1998-11-02,7.79229,7.93328,7.79229,7.89107,
EXC,1998-11-03,7.91668,8.06802,7.90904,8.03206,
EXC,1998-11-04,8.13426,8.15917,7.99543,8.06802,
EXC,1998-11-05,8.04594,8.11843,7.99543,8.03206,
EXC,1998-11-06,8.00509,8.06802,7.99543,8.05482,
EXC,1998-11-09,8.05482,8.18273,8.05482,8.14334,
EXC,1998-11-10,8.17373,8.27056,8.17373,8.26079,
EXC,1998-11-11,8.26079,8.26079,8.15917,8.22209,
EXC,1998-11-12,8.19932,8.26079,8.17373,8.19932,
EXC,1998-11-13,8.19932,8.30015,8.17373,8.23791,
EXC,1998-11-16,8.18273,8.32234,8.15917,8.32234,
EXC,1998-11-17,8.31473,8.46674,8.26079,8.33407,
EXC,1998-11-18,8.34715,8.40313,8.31473,8.33407,
EXC,1998-11-19,8.36387,8.40313,8.28492,8.34168,
EXC,1998-11-20,8.36387,8.36387,8.27056,8.27056,
EXC,1998-11-23,8.28492,8.43568,8.25043,8.37754,
EXC,1998-11-24,8.34715,8.49782,8.34715,8.46674,
EXC,1998-11-25,8.36387,8.49782,8.34715,8.44945,
EXC,1998-11-27,8.43568,8.43568,8.36387,8.36387,
EXC,1998-11-30,8.34715,8.38526,8.15917,8.15917,
EXC,1998-12-01,8.15917,8.41154,8.15917,8.32234,
EXC,1998-12-02,8.27056,8.36387,8.22209,8.26079,
EXC,1998-12-03,8.27056,8.38526,8.23791,8.25043,
EXC,1998-12-04,8.26079,8.43568,8.26079,8.38526,
EXC,1998-12-07,8.41154,8.42521,8.28492,8.32234,
EXC,1998-12-08,8.28492,8.37754,8.26079,8.28492,
EXC,1998-12-09,8.31473,8.31473,8.13426,8.15917,
EXC,1998-12-10,8.13426,8.15917,8.04594,8.04594,
EXC,1998-12-11,7.95467,8.04594,7.88413,7.93328,
EXC,1998-12-14,7.90416,8.01681,7.87036,7.96787,
EXC,1998-12-15,7.96787,8.03206,7.96787,8.03206,
EXC,1998-12-16,8.03206,8.26079,8.03206,8.19932,
EXC,1998-12-17,8.20686,8.36387,8.17373,8.32234,
EXC,1998-12-18,8.27056,8.53865,8.27056,8.51658,
EXC,1998-12-21,8.49782,8.58077,8.44945,8.58077,
EXC,1998-12-22,8.55311,8.58077,8.41154,8.44945,
EXC,1998-12-23,8.49029,8.51658,8.37754,8.51658,
EXC,1998-12-24,8.51658,8.55311,8.41154,8.47642,
EXC,1998-12-28,8.47642,8.47642,8.31473,8.32234,
EXC,1998-12-29,8.32234,8.43568,8.31473,8.37754,
EXC,1998-12-30,8.38526,8.42521,8.34715,8.38526,
EXC,1998-12-31,8.38526,8.49029,8.36387,8.49029,
EXC,1999-01-04,8.41154,8.51658,8.31473,8.32234,
EXC,1999-01-05,8.34715,8.36387,8.23791,8.28492,
EXC,1999-01-06,8.18273,8.19932,8.10944,8.11843,
EXC,1999-01-07,8.06802,8.14334,7.95467,8.06802,
EXC,1999-01-08,8.03206,8.04594,7.93328,7.98292,
EXC,1999-01-11,7.93328,7.96787,7.89107,7.94226,
EXC,1999-01-12,7.94226,8.13426,7.85033,7.89107,
EXC,1999-01-13,7.89107,8.00509,7.80128,7.88413,
EXC,1999-01-14,7.85033,7.88413,7.6734,7.73621,
EXC,1999-01-15,7.72722,7.83861,7.70162,7.83861,
EXC,1999-01-19,7.78604,7.81917,7.68853,7.78604,
EXC,1999-01-20,7.73621,7.77705,7.65199,7.71413,
EXC,1999-01-21,7.76532,7.81917,7.70162,7.72722,
EXC,1999-01-22,7.70162,7.76532,7.63811,7.76532,
EXC,1999-01-25,7.81917,7.81917,7.6734,7.6734,
EXC,1999-01-26,7.80128,7.90416,7.76532,7.81917,
EXC,1999-01-27,7.80128,7.82757,7.65199,7.6734,
EXC,1999-01-28,7.6734,7.81164,7.62288,7.71413,
EXC,1999-01-29,7.73621,7.78604,7.57519,7.76532,
EXC,1999-02-01,7.72722,7.73621,7.60148,7.63811,
EXC,1999-02-02,7.60148,7.68853,7.60148,7.65199,
EXC,1999-02-03,7.68853,7.75703,7.62288,7.6734,
EXC,1999-02-04,7.6734,7.68853,7.55175,7.57519,
EXC,1999-02-05,7.57519,7.61467,7.38311,7.46118,
EXC,1999-02-08,7.43216,7.46948,7.30641,7.3327,
EXC,1999-02-09,7.34159,7.35614,7.17989,7.17989,
EXC,1999-02-10,7.29459,7.37069,7.23449,7.32019,
EXC,1999-02-11,7.26977,7.34159,7.24486,7.32019,
EXC,1999-02-12,7.30641,7.3327,7.23449,7.29459,
EXC,1999-02-16,7.37069,7.43216,7.35614,7.39824,
EXC,1999-02-17,7.42385,7.72722,7.40665,7.66166,
EXC,1999-02-18,7.63811,7.80128,7.57519,7.75703,
EXC,1999-02-19,7.72722,7.72722,7.57519,7.5835,
EXC,1999-02-22,7.5835,7.62288,7.49645,7.60148,
EXC,1999-02-23,7.60148,7.75703,7.57519,7.71413,
EXC,1999-02-24,7.71413,7.71413,7.43216,7.48335,
EXC,1999-02-25,7.48335,7.48335,7.26499,7.3327,
EXC,1999-02-26,7.29459,7.34159,7.2172,7.29459,
EXC,1999-03-01,7.24006,7.24006,7.07348,7.2172,
EXC,1999-03-02,7.2172,7.36582,7.18751,7.27876,
EXC,1999-03-03,7.30358,7.42033,7.26499,7.42033,
EXC,1999-03-04,7.39824,7.70162,7.38311,7.70162,
EXC,1999-03-05,7.95467,8.0092,7.81917,8.0092,
EXC,1999-03-08,8.05902,8.08462,7.97334,8.03557,
EXC,1999-03-09,8.0092,8.07222,7.90904,7.93328,
EXC,1999-03-10,7.93328,8.0092,7.89107,7.91668,
EXC,1999-03-11,7.93328,8.12673,7.93328,8.02171,
EXC,1999-03-12,8.03557,8.31473,8.03557,8.17862,
EXC,1999-03-15,8.18897,8.30505,8.15917,8.22688,
EXC,1999-03-16,8.24212,8.39493,8.22688,8.35272,
EXC,1999-03-17,8.34168,8.41486,8.31473,8.35272,
EXC,1999-03-18,8.40802,8.57177,8.39493,8.57177,
EXC,1999-03-19,8.54833,8.72458,8.52957,8.59327,
EXC,1999-03-22,8.58429,8.7749,8.57177,8.7749,
EXC,1999-03-23,8.72458,8.80197,8.62161,8.7025,
EXC,1999-03-24,8.74804,8.9028,8.71208,8.9028,
EXC,1999-03-25,9.07007,9.25913,9.04379,9.23783,
EXC,1999-03-26,9.25141,9.50562,9.23783,9.36494,
EXC,1999-03-29,9.32293,9.50562,9.31413,9.50562,
EXC,1999-03-30,9.48023,9.51638,9.40597,9.45384,
EXC,1999-03-31,9.49684,9.59455,9.4685,9.4685,
EXC,1999-04-01,9.4685,9.56035,9.42746,9.49684,
EXC,1999-04-05,9.6092,9.6092,9.51638,9.58184,
EXC,1999-04-06,9.59455,9.64535,9.54081,9.63265,
EXC,1999-04-07,9.64535,9.68052,9.54081,9.63265,
EXC,1999-04-08,9.63265,9.74793,9.54081,9.58184,
EXC,1999-04-09,9.6092,9.67174,9.58184,9.67174,
EXC,1999-04-12,9.71277,9.77725,9.58184,9.62386,
EXC,1999-04-13,9.67174,9.72351,9.62386,9.66,
EXC,1999-04-14,9.49684,9.51638,9.1074,9.1199,
EXC,1999-04-15,9.13709,9.31413,9.13709,9.21066,
EXC,1999-04-16,9.31413,9.48023,9.23783,9.48023,
EXC,1999-04-19,9.52419,9.74793,9.51638,9.63265,
EXC,1999-04-20,9.59455,9.74793,9.58184,9.68052,
EXC,1999-04-21,9.68052,9.71277,9.62386,9.71277,
EXC,1999-04-22,9.57012,9.64535,9.36494,9.38643,
EXC,1999-04-23,9.40597,9.54081,9.37666,9.41478,
EXC,1999-04-26,9.41478,9.4685,9.34247,9.4685,
EXC,1999-04-27,9.57012,9.64535,9.51638,9.63265,
EXC,1999-04-28,9.63265,9.74793,9.63265,9.74793,
EXC,1999-04-29,9.72351,9.76162,9.67174,9.72351,
EXC,1999-04-30,9.71277,9.76162,9.62386,9.71277,
EXC,1999-05-03,9.69421,9.82708,9.69421,9.79972,
EXC,1999-05-04,9.74793,9.83489,9.67174,9.82708,
EXC,1999-05-05,9.77725,9.82708,9.73718,9.79972,
EXC,1999-05-06,9.78506,9.84862,9.69421,9.81437,
EXC,1999-05-07,9.82708,9.91705,9.74793,9.82708,
EXC,1999-05-10,9.79972,9.81437,9.72351,9.76162,
EXC,1999-05-11,9.78506,9.86319,9.73718,9.74793,
EXC,1999-05-12,9.73718,9.87686,9.68052,9.74793,
EXC,1999-05-13,9.74793,9.86319,9.73718,9.81437,
EXC,1999-05-14,9.76162,9.76162,9.51638,9.57012,
EXC,1999-05-17,9.57012,9.67174,9.42746,9.64535,
EXC,1999-05-18,9.64535,9.69421,9.6092,9.62386,
EXC,1999-05-19,9.67174,9.91705,9.66,9.89841,
EXC,1999-05-20,9.88966,9.91705,9.79972,9.84862,
EXC,1999-05-21,9.88966,9.94044,9.82708,9.92478,
EXC,1999-05-24,10.0303,10.3331,10.0176,10.2336,
EXC,1999-05-25,10.2619,10.2619,10.0303,10.0821,
EXC,1999-05-26,10.1358,10.1485,9.98149,10.1055,
EXC,1999-05-27,10.0664,10.0664,9.88966,9.94044,
EXC,1999-05-28,10.0176,10.0821,9.94917,10.0664,
EXC,1999-06-01,10.0303,10.0439,9.77237,9.86319,
EXC,1999-06-02,9.84862,9.91209,9.60431,9.61897,
EXC,1999-06-03,9.67174,9.67174,9.38643,9.57012,
EXC,1999-06-04,9.61897,9.77237,9.48023,9.52419,
EXC,1999-06-07,9.57012,9.58965,9.52419,9.58965,
EXC,1999-06-08,9.54081,9.58965,9.46362,9.48023,
EXC,1999-06-09,9.48805,9.68052,9.48805,9.67174,
EXC,1999-06-10,9.67174,9.69421,9.60431,9.68052,
EXC,1999-06-11,9.65609,9.79386,9.65609,9.79386,
EXC,1999-06-14,9.74793,10.0176,9.73718,9.94044,
EXC,1999-06-15,9.91209,10.0303,9.89841,9.94044,
EXC,1999-06-16,9.94917,10.0664,9.87686,9.88966,
EXC,1999-06-17,9.77237,9.78506,9.69421,9.69421,
EXC,1999-06-18,9.67174,9.69421,9.51638,9.65609,
EXC,1999-06-21,9.65609,9.68052,9.42746,9.48805,
EXC,1999-06-22,9.54081,9.58965,9.48023,9.50075,
EXC,1999-06-23,9.46362,9.55546,9.33367,9.36494,
EXC,1999-06-24,9.33367,9.40108,9.06597,9.07905,
EXC,1999-06-25,9.05219,9.05219,8.79776,8.84828,
EXC,1999-06-28,8.84828,8.95116,8.84828,8.88833,
EXC,1999-06-29,8.88833,8.88833,8.81995,8.8344,
EXC,1999-06-30,8.84828,8.84828,8.5877,8.61115,
EXC,1999-07-01,8.56415,8.73005,8.511,8.61115,
EXC,1999-07-02,8.56415,8.7025,8.56415,8.64515,
EXC,1999-07-06,8.6008,8.65268,8.56415,8.6008,
EXC,1999-07-07,8.6008,8.66371,8.6008,8.63059,
EXC,1999-07-08,8.66371,8.76533,8.5877,8.74393,
EXC,1999-07-09,8.73005,8.80539,8.73005,8.80539,
EXC,1999-07-12,8.75565,8.78536,8.7025,8.74393,
EXC,1999-07-13,8.81995,8.91326,8.80539,8.89801,
EXC,1999-07-14,8.89801,8.95116,8.86001,8.89801,
EXC,1999-07-15,8.89801,9.06597,8.88833,8.95116,
EXC,1999-07-16,8.96152,9.04379,8.96152,8.97607,
EXC,1999-07-19,8.96152,9.08736,8.92361,9.08736,
EXC,1999-07-20,9.00099,9.04379,8.97607,8.97607,
EXC,1999-07-21,8.97607,9.02307,8.87036,8.89801,
EXC,1999-07-22,8.93328,8.97607,8.88833,8.95116,
EXC,1999-07-23,8.91326,8.95116,8.81995,8.86001,
EXC,1999-07-26,8.84828,8.95116,8.84828,8.91326,
EXC,1999-07-27,8.87036,8.92361,8.75565,8.76533,
EXC,1999-07-28,8.78536,8.80539,8.66371,8.69479,
EXC,1999-07-29,8.64515,8.81995,8.64515,8.74393,
EXC,1999-07-30,8.71687,8.76533,8.64515,8.71687,
EXC,1999-08-02,8.73005,8.81995,8.64515,8.71687,
EXC,1999-08-03,8.80539,8.91326,8.73005,8.89801,
EXC,1999-08-04,8.88833,8.89801,8.71687,8.73005,
EXC,1999-08-05,8.7025,8.87036,8.69479,8.80539,
EXC,1999-08-06,8.75565,8.84828,8.63059,8.73005,
EXC,1999-08-09,8.78536,8.78536,8.69479,8.7025,
EXC,1999-08-10,8.75565,8.8344,8.73005,8.74393,
EXC,1999-08-11,8.74393,8.78536,8.73005,8.78536,
EXC,1999-08-12,8.75565,8.75565,8.64515,8.64515,
EXC,1999-08-13,8.69479,8.76533,8.67964,8.71687,
EXC,1999-08-16,8.75565,8.76533,8.56415,8.57656,
EXC,1999-08-17,8.63059,8.63059,8.43568,8.49029,
EXC,1999-08-18,8.511,8.511,8.35751,8.40802,
EXC,1999-08-19,8.35751,8.5877,8.29469,8.53865,
EXC,1999-08-20,8.5877,8.86001,8.54833,8.78536,
EXC,1999-08-23,8.76533,8.78536,8.56415,8.63059,
EXC,1999-08-24,8.66371,8.73005,8.5877,8.73005,
EXC,1999-08-25,8.5877,8.84828,8.56415,8.81995,
EXC,1999-08-26,8.66371,8.84828,8.64515,8.66371,
EXC,1999-08-27,8.61115,8.66371,8.56415,8.5877,
EXC,1999-08-30,8.64515,8.65268,8.52205,8.53865,
EXC,1999-08-31,8.49782,8.53865,8.37001,8.40802,
EXC,1999-09-01,8.40802,8.49782,8.38174,8.45786,
EXC,1999-09-02,8.38174,8.43568,8.30505,8.39493,
EXC,1999-09-03,8.40802,8.5877,8.40802,8.57656,
EXC,1999-09-07,8.63059,8.63059,8.38174,8.41486,
EXC,1999-09-08,8.31755,8.56415,8.31755,8.56415,
EXC,1999-09-09,8.56415,8.71687,8.52205,8.69479,
EXC,1999-09-10,8.66371,8.7025,8.5877,8.65268,
EXC,1999-09-13,8.63059,8.63059,8.40802,8.52205,
EXC,1999-09-14,8.43568,8.45786,8.32928,8.34168,
EXC,1999-09-15,8.41486,8.5068,8.30505,8.44945,
EXC,1999-09-16,8.35272,8.40802,8.19932,8.26079,
EXC,1999-09-17,8.26079,8.5068,8.26079,8.48746,
EXC,1999-09-20,8.49782,8.56415,8.34168,8.34168,
EXC,1999-09-21,8.24212,8.24212,7.94226,8.05902,
EXC,1999-09-22,8.03206,8.06802,7.85033,7.89107,
EXC,1999-09-23,7.91247,7.99543,7.34647,7.54207,
EXC,1999-09-24,7.5835,8.02171,7.5835,7.83861,
EXC,1999-09-27,7.81164,7.89107,7.66713,7.68443,
EXC,1999-09-28,7.65541,7.68443,7.34647,7.42385,
EXC,1999-09-29,7.44661,7.61877,7.44661,7.48892,
EXC,1999-09-30,7.5704,7.93328,7.55175,7.76044,
EXC,1999-10-01,7.78604,7.89107,7.6983,7.88002,
EXC,1999-10-04,7.89107,8.13426,7.89107,8.03206,
EXC,1999-10-05,8.00509,8.04594,7.73621,7.81164,
EXC,1999-10-06,7.8648,7.93328,7.82757,7.89801,
EXC,1999-10-07,7.89107,7.91247,7.77285,7.77285,
EXC,1999-10-08,7.81164,7.88002,7.72174,7.76044,
EXC,1999-10-11,7.81164,7.81164,7.63391,7.65541,
EXC,1999-10-12,7.66713,7.71139,7.51512,7.6983,
EXC,1999-10-13,7.66713,7.76044,7.5835,7.76044,
EXC,1999-10-14,7.76044,7.85033,7.74598,7.83861,
EXC,1999-10-15,7.83861,7.83861,7.60568,7.68443,
EXC,1999-10-18,7.73621,7.83861,7.65541,7.81164,
EXC,1999-10-19,7.8648,7.8648,7.66713,7.66713,
EXC,1999-10-20,7.66713,7.77285,7.65541,7.72174,
EXC,1999-10-21,7.72174,7.76044,7.5704,7.68443,
EXC,1999-10-22,7.72174,7.83861,7.68443,7.72174,
EXC,1999-10-25,7.71139,7.73621,7.60568,7.60568,
EXC,1999-10-26,7.61877,7.73621,7.61877,7.68443,
EXC,1999-10-27,7.6429,7.91247,7.6429,7.82757,
EXC,1999-10-28,7.88002,7.98292,7.82757,7.89107,
EXC,1999-10-29,7.93328,7.95467,7.83861,7.89801,
EXC,1999-11-01,7.8648,7.96787,7.8648,7.95467,
EXC,1999-11-02,7.91247,8.03206,7.91247,7.93328,
EXC,1999-11-03,7.96787,7.99543,7.91247,7.96787,
EXC,1999-11-04,7.99543,7.99543,7.81164,7.89107,
EXC,1999-11-05,7.94226,7.96787,7.78604,7.82757,
EXC,1999-11-08,7.80128,7.82757,7.72174,7.74598,
EXC,1999-11-09,7.72174,7.76044,7.51512,7.60568,
EXC,1999-11-10,7.55175,7.6429,7.39824,7.51512,
EXC,1999-11-11,7.51512,7.5704,7.42385,7.47436,
EXC,1999-11-12,7.52957,7.5704,7.51512,7.54207,
EXC,1999-11-15,7.48892,7.5704,7.42385,7.43773,
EXC,1999-11-16,12.77,12.86,12.62,12.64,
EXC,1999-11-17,7.3327,7.35614,7.2172,7.27876,
EXC,1999-11-18,7.27876,7.35614,7.20128,7.25179,
EXC,1999-11-19,7.20128,7.29459,7.18751,7.22971,
EXC,1999-11-22,7.18751,7.2172,7.09762,7.09762,
EXC,1999-11-23,7.05892,7.08452,6.91666,6.93807,
EXC,1999-11-24,6.87515,6.91666,6.79844,6.8392,
EXC,1999-11-26,6.85306,6.85991,6.82336,6.85991,
EXC,1999-11-29,6.71686,6.71686,6.40402,6.56357,
EXC,1999-11-30,6.64016,6.87515,6.64016,6.85991,
EXC,1999-12-01,6.74305,6.79844,6.65394,6.7024,
EXC,1999-12-02,6.65394,6.95742,6.64016,6.95742,
EXC,1999-12-03,6.93807,7.11217,6.85306,6.93807,
EXC,1999-12-06,7.01398,7.05892,6.90485,6.98086,
EXC,1999-12-07,7.0347,7.04309,6.93807,7.0347,
EXC,1999-12-08,6.99405,7.00646,6.87515,6.93807,
EXC,1999-12-09,7.01398,7.04309,6.85306,6.89038,
EXC,1999-12-10,6.93807,7.07065,6.93807,7.0347,
EXC,1999-12-13,7.0347,7.0347,6.87515,6.90485,
EXC,1999-12-14,6.87515,6.91666,6.75761,6.82336,
EXC,1999-12-15,6.85991,7.00646,6.71686,6.99405,
EXC,1999-12-16,6.95742,6.98086,6.90485,6.92967,
EXC,1999-12-17,6.92967,7.00646,6.92967,6.99405,
EXC,1999-12-20,7.01398,7.11217,6.98086,7.08452,
EXC,1999-12-21,7.0347,7.2172,7.0347,7.15223,
EXC,1999-12-22,7.12184,7.18751,7.12184,7.18751,
EXC,1999-12-23,7.22971,7.22971,7.17442,7.2172,
EXC,1999-12-27,7.18751,7.32019,7.17442,7.18751,
EXC,1999-12-28,7.13436,7.20128,7.04309,7.12184,
EXC,1999-12-29,7.11217,7.11217,6.98086,7.05892,
EXC,1999-12-30,7.00646,7.24006,7.00646,7.22971,
EXC,1999-12-31,7.24006,7.29459,7.12184,7.24006,
EXC,2000-01-03,7.18751,7.2172,6.87515,7.05892,
EXC,2000-01-04,6.98086,7.11217,6.90485,7.00646,
EXC,2000-01-05,7.00646,7.44661,7.00646,7.34159,
EXC,2000-01-06,7.26977,7.50064,7.16132,7.35614,
EXC,2000-01-07,7.37413,7.78604,7.29459,7.35614,
EXC,2000-01-10,7.6734,7.85033,7.61877,7.80128,
EXC,2000-01-11,7.76044,7.85033,7.73621,7.74598,
EXC,2000-01-12,7.71139,7.89107,7.6734,7.81506,
EXC,2000-01-13,7.85033,8.08462,7.78604,8.04594,
EXC,2000-01-14,7.99543,8.12673,7.93328,8.02171,
EXC,2000-01-18,7.97334,8.0092,7.76044,7.85033,
EXC,2000-01-19,7.88413,8.03557,7.85033,7.99543,
EXC,2000-01-20,7.94226,7.95467,7.76044,7.88413,
EXC,2000-01-21,7.97334,8.13915,7.82757,8.10045,
EXC,2000-01-24,8.10045,8.54413,8.07553,8.46674,
EXC,2000-01-25,8.44945,8.44945,8.27056,8.33407,
EXC,2000-01-26,8.31052,8.57177,8.21721,8.51658,
EXC,2000-01-27,8.54413,8.78947,8.52957,8.75087,
EXC,2000-01-28,8.71208,8.85521,8.58077,8.58077,
EXC,2000-01-31,8.59327,8.7025,8.44945,8.7025,
EXC,2000-02-01,8.67476,8.7749,8.5877,8.66234,
EXC,2000-02-02,8.66234,8.81575,8.64779,8.68443,
EXC,2000-02-03,8.73836,9.1074,8.73836,9.06597,
EXC,2000-02-04,9.05219,9.06597,8.94638,8.96152,
EXC,2000-02-07,8.87867,8.93328,8.75087,8.75087,
EXC,2000-02-08,8.76533,8.85521,8.76533,8.8303,
EXC,2000-02-09,8.8303,8.94638,8.81575,8.85521,
EXC,2000-02-10,8.80539,8.85521,8.73836,8.73836,
EXC,2000-02-11,8.71208,8.75087,8.58077,8.59327,
EXC,2000-02-14,8.59327,8.64779,8.50133,8.58077,
EXC,2000-02-15,8.54413,8.60568,8.47642,8.51658,
EXC,2000-02-16,8.43979,8.52957,8.36387,8.49029,
EXC,2000-02-17,8.38526,8.55937,8.36387,8.38526,
EXC,2000-02-18,8.34168,8.4005,8.21721,8.24564,
EXC,2000-02-22,8.25385,8.41154,8.25385,8.29469,
EXC,2000-02-23,8.24564,8.46674,8.24564,8.41154,
EXC,2000-02-24,8.41154,8.41154,7.83861,7.91668,
EXC,2000-02-25,8.03557,8.03557,7.91668,8.03557,
EXC,2000-02-28,8.03557,8.29469,7.94226,8.18897,
EXC,2000-02-29,8.13915,8.13915,7.77705,7.77705,
EXC,2000-03-01,8.02171,8.03557,7.81506,7.87036,
EXC,2000-03-02,7.87036,8.12673,7.83861,8.12673,
EXC,2000-03-03,8.25385,8.29469,8.13915,8.23244,
EXC,2000-03-06,8.23244,8.28091,8.04594,8.07553,
EXC,2000-03-07,8.07553,8.16885,7.85033,7.87036,
EXC,2000-03-08,7.91668,8.07553,7.91668,7.95467,
EXC,2000-03-09,7.90416,8.0092,7.88413,7.98292,
EXC,2000-03-10,7.93328,8.0092,7.89107,7.97334,
EXC,2000-03-13,7.93328,7.97334,7.88413,7.94226,
EXC,2000-03-14,7.83861,7.90416,7.71139,7.77705,
EXC,2000-03-15,7.73621,8.06381,7.72174,8.04594,
EXC,2000-03-16,8.04594,8.49029,8.04594,8.34168,
EXC,2000-03-17,8.36387,8.38526,7.99543,8.02171,
EXC,2000-03-20,7.97334,8.16885,7.95467,8.0092,
EXC,2000-03-21,7.97334,8.16885,7.94226,8.07553,
EXC,2000-03-22,8.07553,8.07553,7.81506,7.87036,
EXC,2000-03-23,7.81506,7.87036,7.74598,7.80128,
EXC,2000-03-24,7.81506,7.93328,7.77705,7.91668,
EXC,2000-03-27,7.83861,8.06381,7.77705,7.77705,
EXC,2000-03-28,7.71139,7.78604,7.48892,7.6429,
EXC,2000-03-29,7.61877,7.74598,7.60568,7.74598,
EXC,2000-03-30,7.81506,7.82757,7.71139,7.73621,
EXC,2000-03-31,7.73621,7.89107,7.57803,7.68443,
EXC,2000-04-03,7.76044,7.82757,7.61877,7.6983,
EXC,2000-04-04,7.74598,8.20343,7.74598,8.20343,
EXC,2000-04-05,8.25385,8.75087,8.25385,8.44945,
EXC,2000-04-06,8.42521,8.55937,8.18273,8.25385,
EXC,2000-04-07,8.23244,8.38526,8.20343,8.27056,
EXC,2000-04-10,8.28091,8.68443,8.27056,8.62161,
EXC,2000-04-11,8.63539,8.89312,8.62161,8.68443,
EXC,2000-04-12,8.72458,9.06597,8.66234,8.85521,
EXC,2000-04-13,9.01339,9.29947,8.89312,9.07427,
EXC,2000-04-14,9.03969,9.36494,8.67476,8.95116,
EXC,2000-04-17,8.71208,8.87867,8.37754,8.75087,
EXC,2000-04-18,8.75087,8.98507,8.49029,8.52957,
EXC,2000-04-19,8.47642,8.54413,8.28091,8.47642,
EXC,2000-04-20,8.42521,8.7025,8.42521,8.67476,
EXC,2000-04-24,8.72458,8.94638,8.67476,8.75087,
EXC,2000-04-25,8.93328,9.03969,8.72458,9.00099,
EXC,2000-04-26,8.96152,9.21066,8.9201,9.08736,
EXC,2000-04-27,9.14198,9.14198,8.81575,8.97607,
EXC,2000-04-28,8.98507,8.98507,8.68443,8.68443,
EXC,2000-05-01,8.60568,8.78947,8.59327,8.7025,
EXC,2000-05-02,8.7025,8.7749,8.46674,8.47642,
EXC,2000-05-03,8.57177,8.66234,8.49029,8.66234,
EXC,2000-05-04,8.66234,9.08736,8.66234,8.87036,
EXC,2000-05-05,8.85521,8.97607,8.71208,8.96152,
EXC,2000-05-08,8.96152,9.36494,8.96152,9.01339,
EXC,2000-05-09,9.16963,9.17794,9.00099,9.11433,
EXC,2000-05-10,9.17794,9.45384,9.12957,9.32293,
EXC,2000-05-11,9.28287,9.53103,9.24749,9.48023,
EXC,2000-05-12,9.40597,9.42746,9.16963,9.29947,
EXC,2000-05-15,9.25913,9.53103,9.25913,9.3366,
EXC,2000-05-16,9.38643,9.38643,9.05219,9.29947,
EXC,2000-05-17,9.37178,9.37178,8.93328,9.01339,
EXC,2000-05-18,9.01339,9.23392,9.01339,9.01339,
EXC,2000-05-19,8.98507,9.15654,8.9201,9.05219,
EXC,2000-05-22,9.19513,9.51638,9.19513,9.41478,
EXC,2000-05-23,9.38643,9.53103,9.35224,9.41478,
EXC,2000-05-24,9.37178,9.75283,9.37178,9.58184,
EXC,2000-05-25,9.56035,9.59845,9.37178,9.4685,
EXC,2000-05-26,9.48023,9.65023,9.44017,9.4685,
EXC,2000-05-30,9.48023,9.51052,9.21936,9.2688,
EXC,2000-05-31,9.24262,9.41478,9.2049,9.2049,
EXC,2000-06-01,9.15654,9.17794,9.0092,9.13709,
EXC,2000-06-02,9.08736,9.15654,8.97061,9.11433,
EXC,2000-06-05,9.03411,9.08736,8.73426,8.82473,
EXC,2000-06-06,8.85238,9.10113,8.82473,8.9028,
EXC,2000-06-07,8.86557,8.9284,8.74804,8.75565,
EXC,2000-06-08,8.70651,9.03411,8.69479,8.97061,
EXC,2000-06-09,8.9201,9.29556,8.9028,9.28287,
EXC,2000-06-12,9.22815,9.41478,9.22815,9.29947,
EXC,2000-06-13,9.25913,9.51052,9.21936,9.25913,
EXC,2000-06-14,9.24262,9.25913,8.95605,9.0092,
EXC,2000-06-15,9.0092,9.13709,8.9028,9.02307,
EXC,2000-06-16,9.03411,9.2049,8.88833,9.04379,
EXC,2000-06-19,9.10113,9.12957,8.87867,8.97061,
EXC,2000-06-20,8.7749,8.95605,8.75565,8.88833,
EXC,2000-06-21,8.88833,9.11433,8.87867,8.87867,
EXC,2000-06-22,8.87867,8.9284,8.69479,8.82473,
EXC,2000-06-23,8.85238,8.97061,8.79776,8.86557,
EXC,2000-06-26,8.87867,9.03411,8.85238,8.95605,
EXC,2000-06-27,8.9028,8.94148,8.63059,8.63059,
EXC,2000-06-28,8.68443,9.02307,8.49782,8.95116,
EXC,2000-06-29,9.06108,9.08736,8.73426,8.82473,
EXC,2000-06-30,8.7749,8.97061,8.43568,8.44945,
EXC,2000-07-03,8.49782,8.86557,8.49782,8.72106,
EXC,2000-07-05,8.7749,8.9028,8.48746,8.511,
EXC,2000-07-06,8.61672,8.72106,8.58077,8.61672,
EXC,2000-07-07,8.61672,8.70651,8.61672,8.64515,
EXC,2000-07-10,8.64515,8.9028,8.64515,8.79776,
EXC,2000-07-11,8.79776,9.06108,8.73426,9.03411,
EXC,2000-07-12,9.03411,9.04798,8.86557,8.94148,
EXC,2000-07-13,8.87867,9.0092,8.82473,9.0092,
EXC,2000-07-14,8.9284,9.13709,8.88833,8.94148,
EXC,2000-07-17,8.9201,9.22815,8.9201,9.17794,
EXC,2000-07-18,9.21936,9.32293,9.12957,9.24262,
EXC,2000-07-19,9.29556,9.42746,9.24262,9.3366,
EXC,2000-07-20,9.36494,9.40597,9.07427,9.11433,
EXC,2000-07-21,9.19103,9.32293,9.16963,9.21936,
EXC,2000-07-24,9.22815,9.24262,9.07427,9.11433,
EXC,2000-07-25,9.06108,9.24262,9.06108,9.17794,
EXC,2000-07-26,9.17794,9.17794,8.97061,8.98507,
EXC,2000-07-27,9.03411,9.19103,9.0092,9.13709,
EXC,2000-07-28,9.13709,9.24262,9.07427,9.11433,
EXC,2000-07-31,9.0092,9.2049,8.9284,8.94148,
EXC,2000-08-01,8.95605,9.21936,8.95605,9.17794,
EXC,2000-08-02,9.12957,9.25913,9.12957,9.2049,
EXC,2000-08-03,9.29556,9.6092,9.2688,9.45384,
EXC,2000-08-04,9.40597,9.63949,9.2688,9.63949,
EXC,2000-08-07,9.57403,9.91209,9.51052,9.88966,
EXC,2000-08-08,9.94044,9.94044,9.75283,9.85935,
EXC,2000-08-09,9.80949,9.87686,9.72937,9.78018,
EXC,2000-08-10,9.79386,9.83489,9.67564,9.73328,
EXC,2000-08-11,9.7665,9.98149,9.74793,9.91705,
EXC,2000-08-14,9.89841,10.2286,9.87686,10.0664,
EXC,2000-08-15,10.086,10.425,10.0176,10.254,
EXC,2000-08-16,10.1055,10.3411,10.1055,10.1612,
EXC,2000-08-17,10.303,10.303,10.1222,10.2159,
EXC,2000-08-18,10.2159,10.2657,10.1612,10.1993,
EXC,2000-08-21,10.1612,10.1896,10.0664,10.1358,
EXC,2000-08-22,10.1896,10.2286,10.1485,10.1749,
EXC,2000-08-23,10.1485,10.3224,10.1485,10.2657,
EXC,2000-08-24,10.2883,10.2883,10.1358,10.1485,
EXC,2000-08-25,10.1612,10.1612,9.98149,10.0176,
EXC,2000-08-28,9.91209,10.1993,9.91209,10.1896,
EXC,2000-08-29,10.1749,10.1749,9.99417,10.0029,
EXC,2000-08-30,10.0439,10.0938,9.98149,10.0547,
EXC,2000-08-31,10.0029,10.1749,10.0029,10.0977,
EXC,2000-09-01,10.086,10.1896,10.0664,10.1222,
EXC,2000-09-05,10.2159,10.2883,10.1612,10.2393,
EXC,2000-09-06,10.2393,10.4495,10.2393,10.4368,
EXC,2000-09-07,10.4739,10.6624,10.425,10.6195,
EXC,2000-09-08,10.6322,11.3142,10.556,11.2555,
EXC,2000-09-11,11.2907,11.7245,11.2907,11.6796,
EXC,2000-09-12,11.8124,11.8886,11.4959,11.7704,
EXC,2000-09-13,11.8251,12.0841,11.8251,11.9706,
EXC,2000-09-14,11.9286,11.9286,11.7245,11.787,
EXC,2000-09-15,11.8124,12.4026,11.8124,12.2599,
EXC,2000-09-18,12.257,12.257,12.0206,12.0841,
EXC,2000-09-19,12.1378,12.1378,11.4305,11.5974,
EXC,2000-09-20,11.4187,11.4852,11.0639,11.4187,
EXC,2000-09-21,11.4187,11.6659,11.3825,11.4041,
EXC,2000-09-22,11.3933,11.8485,11.3933,11.7411,
EXC,2000-09-25,11.7352,11.9179,11.5262,11.6541,
EXC,2000-09-26,11.7245,12.0841,11.7245,12.0616,
EXC,2000-09-27,12.1759,12.5462,11.957,12.4153,
EXC,2000-09-28,12.5061,12.8442,12.4787,12.5462,
EXC,2000-09-29,12.424,12.8589,12.424,12.6898,
EXC,2000-10-02,12.7425,12.894,12.3586,12.894,
EXC,2000-10-03,12.8442,13.109,12.3332,12.3899,
EXC,2000-10-04,12.3332,12.5179,11.5076,11.9375,
EXC,2000-10-05,11.9923,12.1378,11.6131,11.6541,
EXC,2000-10-06,11.7607,12.1016,11.7245,11.8652,
EXC,2000-10-09,11.8358,12.1378,11.8251,11.8485,
EXC,2000-10-10,11.9179,12.5686,11.9179,12.3205,
EXC,2000-10-11,12.4632,12.6731,12.1163,12.2062,
EXC,2000-10-12,12.1759,12.3332,11.9375,12.0362,
EXC,2000-10-13,11.9796,12.3488,11.9796,12.1378,
EXC,2000-10-16,12.257,12.7269,12.1759,12.6614,
EXC,2000-10-17,12.638,12.9389,12.595,12.9087,
EXC,2000-10-18,12.9614,13.0963,12.424,12.5462,
EXC,2000-10-19,12.5179,12.6731,12.3118,12.5873,
EXC,2000-10-20,12.5276,12.7641,12.215,12.4632,
EXC,2000-10-23,12.4964,12.8139,12.4885,12.7845,
EXC,2000-10-24,12.7641,12.9194,12.1563,12.5374,
EXC,2000-10-25,12.5374,13.0406,12.4593,12.7709,
EXC,2000-10-26,12.5921,12.6273,11.8584,11.8652,
EXC,2000-10-27,11.8447,12.2101,11.318,12.1837,
EXC,2000-10-30,12.2384,12.8676,12.1837,12.7641,
EXC,2000-10-31,12.7641,12.8139,12.383,12.6273,
EXC,2000-11-01,12.6038,12.7084,12.4456,12.5784,
EXC,2000-11-02,12.5511,12.5921,12.2599,12.3683,
EXC,2000-11-03,12.2872,12.2872,11.8584,12.001,
EXC,2000-11-06,11.9472,11.9472,11.5887,11.7352,
EXC,2000-11-07,11.7245,11.8584,11.6571,11.8584,
EXC,2000-11-08,12.1348,12.4103,11.9893,12.3009,
EXC,2000-11-09,12.2599,12.5921,12.1563,12.3683,
EXC,2000-11-10,12.3683,12.6038,12.3155,12.5374,
EXC,2000-11-13,12.6273,12.9869,12.473,12.6195,
EXC,2000-11-14,12.5784,12.6038,12.2599,12.2599,
EXC,2000-11-15,12.473,12.6614,12.2481,12.3009,
EXC,2000-11-16,12.4201,12.5921,12.4201,12.5784,
EXC,2000-11-17,12.5921,12.9312,12.5511,12.853,
EXC,2000-11-20,12.8002,13.1265,12.8002,12.9194,
EXC,2000-11-21,12.894,12.9722,12.6038,12.9722,
EXC,2000-11-22,13.0103,13.3258,12.8403,13.193,
EXC,2000-11-24,13.1832,13.1832,12.7845,12.9312,
EXC,2000-11-27,13.1041,13.1519,12.7845,13.0406,More Election Jitters A report on the performance of stocks in this week's Barron's.
EXC,2000-11-28,12.9869,13.4959,12.9312,13.4959,
EXC,2000-11-29,13.4695,13.8135,13.4216,13.6161,
EXC,2000-11-30,13.7851,14.128,13.6795,13.916,
EXC,2000-12-01,13.8369,13.9814,13.4695,13.5477,
EXC,2000-12-04,13.5818,13.8427,13.5564,13.7147,
EXC,2000-12-05,13.5477,13.6522,13.1628,13.2359,
EXC,2000-12-06,13.2359,13.4363,13.2359,13.2779,
EXC,2000-12-07,13.3308,14.1778,13.3308,14.0488,
EXC,2000-12-08,14.0118,14.046,13.6884,14.0001,
EXC,2000-12-11,13.8652,13.8652,13.5661,13.7705,
EXC,2000-12-12,13.7705,14.2872,13.7705,14.215,
EXC,2000-12-13,13.9854,14.3469,13.8652,13.8652,
EXC,2000-12-14,13.9297,13.9297,13.5985,13.7294,
EXC,2000-12-15,13.5477,13.8369,13.2878,13.3874,
EXC,2000-12-18,13.7391,13.7391,13.3308,13.4695,
EXC,2000-12-19,13.486,13.8965,13.486,13.8701,
EXC,2000-12-20,13.9687,14.5354,13.9687,14.3498,
EXC,2000-12-21,14.337,14.4554,13.9951,14.1222,
EXC,2000-12-22,14.1378,14.4387,14.0294,14.382,
EXC,2000-12-26,14.3917,14.9116,14.3693,14.807,
EXC,2000-12-27,14.8217,14.9165,14.7446,14.8862,
EXC,2000-12-28,14.8393,14.8393,14.5354,14.5736,
EXC,2000-12-29,14.5774,14.7973,14.5482,14.7503,
EXC,2001-01-02,14.6528,14.6528,14.1612,14.2599,
EXC,2001-01-03,14.2872,14.4944,13.2018,13.2242,
EXC,2001-01-04,12.4456,12.7308,11.9286,12.6731,
EXC,2001-01-05,12.5511,13.0406,12.3938,12.5413,
EXC,2001-01-08,12.7944,13.019,12.7514,12.9663,
EXC,2001-01-09,12.9194,13.1265,12.8139,13.1265,
EXC,2001-01-10,13.1207,13.1735,12.4026,12.4456,
EXC,2001-01-11,12.3938,12.3938,11.4519,11.9032,
EXC,2001-01-12,11.6933,12.13,11.6483,11.9678,
EXC,2001-01-16,12.0147,12.0147,11.2575,11.6571,
EXC,2001-01-17,11.6083,12.4632,11.6083,12.3009,
EXC,2001-01-18,12.0313,12.5599,11.9706,12.3205,
EXC,2001-01-19,12.0782,12.4837,11.8691,12.473,
EXC,2001-01-22,12.511,12.6898,12.2872,12.4632,
EXC,2001-01-23,12.5179,12.8442,12.473,12.6273,
EXC,2001-01-24,12.3938,12.9087,12.3938,12.8139,
EXC,2001-01-25,12.8676,13.0406,12.8139,12.9663,
EXC,2001-01-26,12.8774,13.1138,12.5686,12.7758,
EXC,2001-01-29,13.0142,13.2242,12.8442,13.0103,
EXC,2001-01-30,12.894,13.0289,12.7807,12.8442,
EXC,2001-01-31,12.8139,12.8139,12.5873,12.7142,
EXC,2001-02-01,12.6273,12.7552,12.6273,12.7475,
EXC,2001-02-02,12.7475,12.9917,12.6694,12.8442,
EXC,2001-02-05,12.8139,13.067,12.8139,12.8823,
EXC,2001-02-06,12.853,12.9829,12.8089,12.9194,
EXC,2001-02-07,12.9722,13.1871,12.9722,13.1832,
EXC,2001-02-08,13.1832,13.4959,13.1832,13.4558,
EXC,2001-02-09,13.4363,13.8027,13.4129,13.7069,"Stocks to watch: Heinz, Rainbow and more C&D Technologies said it will beat fourth-quarter earnings estimates by 5 to 10 percent, and will meet first-quarter expectations. Currently, a survey of analysts by First Call/Thomson Financial is expecting the company to earn 55 cents a share during the fourth quarter, to be reported on March 6, and 56 cents during the following quarter. The company produces electrical storage power products. Shares closed down $7.60 at $42.95."
EXC,2001-02-12,13.7489,13.9687,13.3923,13.5985,
EXC,2001-02-13,13.618,13.9247,13.4021,13.5564,
EXC,2001-02-14,13.6161,13.8866,13.4607,13.7196,
EXC,2001-02-15,13.7489,13.7489,13.5154,13.5564,
EXC,2001-02-16,13.7489,13.9785,13.5564,13.5907,
EXC,2001-02-20,13.8476,14.0294,13.618,13.7421,
EXC,2001-02-21,13.8135,14.1319,13.8135,13.8232,
EXC,2001-02-22,13.8232,14.2775,13.7489,14.0792,
EXC,2001-02-23,14.1739,14.2999,13.5086,13.7108,
EXC,2001-02-26,13.7108,14.0586,13.7108,13.7851,
EXC,2001-02-27,13.8339,14.0586,13.7997,13.8652,
EXC,2001-02-28,13.8965,13.9521,13.5417,13.8476,
EXC,2001-03-01,13.8866,14.1964,13.7421,13.8926,
EXC,2001-03-02,13.9785,14.1466,13.8339,14.1134,
EXC,2001-03-05,14.1964,14.2277,14.0333,14.0431,
EXC,2001-03-06,13.9687,14.0586,13.7948,13.8192,
EXC,2001-03-07,13.8232,13.9297,13.6161,13.703,
EXC,2001-03-08,13.8027,13.9687,13.6698,13.8339,
EXC,2001-03-09,13.8339,13.9297,13.6884,13.7108,
EXC,2001-03-12,13.7108,13.8232,13.6385,13.7616,
EXC,2001-03-13,13.6483,13.6795,13.4607,13.5564,
EXC,2001-03-14,13.5037,13.5037,13.0963,13.1871,
EXC,2001-03-15,13.318,13.5086,13.2751,13.4509,
EXC,2001-03-16,13.3542,13.6161,13.3542,13.5477,
EXC,2001-03-19,13.5233,13.5985,13.2506,13.4509,
EXC,2001-03-20,13.4509,13.4959,13.2067,13.2662,
EXC,2001-03-21,13.323,13.662,13.2203,13.3395,
EXC,2001-03-22,13.3395,13.3806,12.555,12.9272,
EXC,2001-03-23,12.899,12.899,12.5306,12.6694,
EXC,2001-03-26,12.6694,13.3493,12.6694,13.2409,
EXC,2001-03-27,13.3083,13.6327,13.2985,13.5907,
EXC,2001-03-28,13.5564,13.7616,13.4333,13.5907,
EXC,2001-03-29,13.5154,13.8779,13.3806,13.7733,
EXC,2001-03-30,13.8779,13.9785,13.8232,13.8965,
EXC,2001-04-02,13.8965,14.1319,13.6844,13.9092,
EXC,2001-04-03,13.959,14.6078,13.7294,14.5442,
EXC,2001-04-04,14.5305,14.6078,14.1134,14.1964,
EXC,2001-04-05,14.3216,14.4084,13.703,13.9785,
EXC,2001-04-06,13.9814,14.0938,13.3923,13.703,
EXC,2001-04-09,13.537,14.128,13.537,13.9687,
EXC,2001-04-10,14.3547,14.6419,14.215,14.6038,
EXC,2001-04-11,14.5989,14.5989,14.1085,14.1856,
EXC,2001-04-12,14.215,14.2872,14.1319,14.1964,
EXC,2001-04-16,14.1739,14.4054,14.1739,14.4054,
EXC,2001-04-17,14.3644,14.7259,14.3547,14.7212,
EXC,2001-04-18,14.7212,14.8266,14.3079,14.4729,
EXC,2001-04-19,14.4182,14.4866,14.1085,14.1964,
EXC,2001-04-20,14.1574,14.2999,14.046,14.1905,
EXC,2001-04-23,14.2452,14.7162,14.2452,14.7162,
EXC,2001-04-24,14.807,14.8315,14.6273,14.7396,
EXC,2001-04-25,14.4084,14.6869,14.4084,14.6615,
EXC,2001-04-26,14.6664,14.8862,14.6419,14.7749,
EXC,2001-04-27,14.7749,14.7749,14.4798,14.5305,
EXC,2001-04-30,14.6273,14.7035,14.5305,14.6321,
EXC,2001-05-01,14.7084,14.7699,14.5442,14.6947,
EXC,2001-05-02,14.5989,14.6528,14.2696,14.2872,
EXC,2001-05-03,14.4007,14.4182,14.1085,14.2277,
EXC,2001-05-04,14.2599,14.4387,14.1964,14.4084,
EXC,2001-05-07,14.4651,14.5286,14.3693,14.4504,
EXC,2001-05-08,14.4554,14.4554,14.2872,14.3029,
EXC,2001-05-09,14.3313,14.4798,14.3216,14.4651,
EXC,2001-05-10,14.5637,14.6488,14.3693,14.6078,
EXC,2001-05-11,14.6078,14.7602,14.5853,14.7084,
EXC,2001-05-14,14.7719,14.8891,14.7563,14.8823,
EXC,2001-05-15,14.8589,14.8589,14.4729,14.5198,
EXC,2001-05-16,14.6575,14.6575,14.5042,14.5814,
EXC,2001-05-17,14.6273,14.6819,14.4387,14.6038,Energy stocks mixed after Bush plan announced NEW YORK (CBS.MW) -- Energy companies were mixed in trading Thursday following the Bush administration's announcement of its much-discussed energy plan.
EXC,2001-05-18,14.5394,14.6273,14.4944,14.5774,
EXC,2001-05-21,14.5677,14.6986,14.5286,14.5989,
EXC,2001-05-22,14.6078,14.6918,14.5482,14.6575,
EXC,2001-05-23,14.6419,14.765,14.6126,14.6702,
EXC,2001-05-24,14.6664,14.6918,14.5286,14.5814,
EXC,2001-05-25,14.5814,14.5814,14.255,14.2872,
EXC,2001-05-29,14.4554,14.4729,14.1319,14.2188,
EXC,2001-05-30,14.2395,14.4729,14.1856,14.2277,
EXC,2001-05-31,14.1319,14.4729,14.1319,14.4611,
EXC,2001-06-01,14.4554,14.4554,14.2042,14.3469,
EXC,2001-06-04,14.3469,14.3693,14.1319,14.2188,
EXC,2001-06-05,14.2395,14.2395,13.8652,13.9521,
EXC,2001-06-06,13.9737,13.9854,13.5477,13.5477,
EXC,2001-06-07,13.618,13.7196,13.4607,13.5525,
EXC,2001-06-08,13.5525,13.8339,13.4753,13.7948,
EXC,2001-06-11,13.959,14.2775,13.9297,14.2315,
EXC,2001-06-12,14.3498,14.3498,14.1739,14.2512,
EXC,2001-06-13,14.2599,14.3079,13.8369,13.8965,
EXC,2001-06-14,13.8652,13.8652,13.537,13.5417,
EXC,2001-06-15,13.7108,14.1172,13.6669,13.92,
EXC,2001-06-18,14.0685,14.1964,14.0381,14.0723,
EXC,2001-06-19,14.2188,14.3176,14.084,14.3079,
EXC,2001-06-20,14.3644,14.4309,14.0333,14.0586,
EXC,2001-06-21,14.0381,14.0381,13.3034,13.3493,
EXC,2001-06-22,13.3669,13.6669,13.2409,13.6522,
EXC,2001-06-25,13.7108,13.8476,13.5086,13.6238,
EXC,2001-06-26,13.4333,13.6111,13.3874,13.5661,
EXC,2001-06-27,13.5818,13.7948,13.5086,13.6444,
EXC,2001-06-28,13.7489,13.8135,13.5985,13.6385,
EXC,2001-06-29,13.5154,13.6698,13.4333,13.6698,
EXC,2001-07-02,13.532,13.7489,13.5233,13.5614,
EXC,2001-07-03,13.5661,13.7997,13.5614,13.7705,
EXC,2001-07-05,13.6884,14.0157,13.6884,13.9374,
EXC,2001-07-06,13.9521,14.0635,13.8779,14.0488,
EXC,2001-07-09,14.0586,14.2999,14.0586,14.2999,UAL's Payout Loses Altitude A discussion of the week's big dividend news.
EXC,2001-07-10,14.337,14.4124,14.2999,14.2999,
EXC,2001-07-11,14.3469,14.4211,14.0685,14.0723,
EXC,2001-07-12,14.0938,14.1026,13.8779,13.9854,
EXC,2001-07-13,13.956,14.0205,13.7997,13.8339,
EXC,2001-07-16,13.8339,14.1739,13.7948,13.916,
EXC,2001-07-17,13.92,13.9854,13.7948,13.8232,
EXC,2001-07-18,13.7733,13.9092,13.6385,13.7489,
EXC,2001-07-19,13.7733,13.8573,13.6053,13.662,
EXC,2001-07-20,13.7489,13.7733,12.8236,12.9087,
EXC,2001-07-23,12.9194,13.0142,11.9706,12.3635,
EXC,2001-07-24,12.2775,12.2775,11.4265,11.5974,
EXC,2001-07-25,11.4451,12.6,11.3005,12.6,
EXC,2001-07-26,12.5873,12.8774,12.5374,12.7592,
EXC,2001-07-27,12.7425,12.8089,12.3118,12.3419,
EXC,2001-07-30,12.3732,12.7368,12.0206,12.6898,
EXC,2001-07-31,12.6811,12.6811,11.9629,12.042,
EXC,2001-08-01,12.13,12.3205,12.0577,12.2872,
EXC,2001-08-02,12.3009,12.428,12.1974,12.383,
EXC,2001-08-03,12.383,12.5784,12.3009,12.5159,
EXC,2001-08-06,12.2775,12.3732,12.001,12.042,
EXC,2001-08-07,12.0977,12.215,12.001,12.0841,
EXC,2001-08-08,12.1525,12.1525,11.7303,11.7411,
EXC,2001-08-09,11.7557,11.8652,11.6796,11.7607,
EXC,2001-08-10,11.7753,11.8408,11.6219,11.7939,
EXC,2001-08-13,11.8358,11.8985,11.6317,11.6404,
EXC,2001-08-14,11.5974,11.7753,11.5389,11.6708,
EXC,2001-08-15,11.6454,11.7939,11.4959,11.5369,
EXC,2001-08-16,11.5818,11.787,11.4772,11.7088,
EXC,2001-08-17,11.7088,11.8652,11.6747,11.7939,
EXC,2001-08-20,11.5887,11.9258,11.5887,11.8485,
EXC,2001-08-21,11.9893,12.0147,11.7655,11.8066,
EXC,2001-08-22,11.8144,12.0645,11.7939,11.9756,
EXC,2001-08-23,11.9678,12.0527,11.8985,11.8985,
EXC,2001-08-24,11.8798,12.0694,11.8251,11.9893,
EXC,2001-08-27,12.0107,12.1251,12.0107,12.0977,
EXC,2001-08-28,12.1466,12.2287,12.1163,12.1563,
EXC,2001-08-29,12.1163,12.1348,11.9796,11.9796,
EXC,2001-08-30,12.0841,12.13,11.7607,11.7909,
EXC,2001-08-31,11.8066,11.8408,11.6933,11.7303,
EXC,2001-09-04,11.7607,11.8144,11.6883,11.6991,
EXC,2001-09-05,11.7303,11.7509,11.6219,11.6933,
EXC,2001-09-06,11.6454,11.9629,11.5887,11.6541,
EXC,2001-09-07,11.7382,11.9032,11.6747,11.8525,
EXC,2001-09-10,11.874,11.8798,11.6933,11.874,
EXC,2001-09-17,11.7753,11.8066,11.3494,11.6541,
EXC,2001-09-18,11.6541,11.6541,11.3142,11.3542,
EXC,2001-09-19,11.3835,11.5262,10.8471,11.2575,
EXC,2001-09-20,11.2134,11.5818,11.1276,11.3102,
EXC,2001-09-21,10.9409,11.322,10.8275,10.9683,
EXC,2001-09-24,11.2575,11.2575,10.9019,10.9585,
EXC,2001-09-25,10.892,11.153,10.8872,11.0826,
EXC,2001-09-26,11.0025,11.0025,10.7728,10.8393,
EXC,2001-09-27,9.34247,9.72351,8.32234,9.56035,
EXC,2001-09-28,9.54081,9.69029,9.47437,9.58184,
EXC,2001-10-01,9.64535,9.71277,9.45384,9.52419,
EXC,2001-10-02,9.56035,9.58965,9.34247,9.40108,
EXC,2001-10-03,9.47437,9.72351,9.43724,9.6649,
EXC,2001-10-04,9.6649,9.6649,9.34247,9.51052,
EXC,2001-10-05,9.51052,9.80949,9.41086,9.79386,
EXC,2001-10-08,9.69029,9.80949,9.58184,9.6688,
EXC,2001-10-09,9.69029,9.69421,9.45384,9.51443,
EXC,2001-10-10,9.51638,9.57012,9.3923,9.55546,
EXC,2001-10-11,9.58184,9.76162,9.29947,9.47437,
EXC,2001-10-12,9.47437,9.6688,9.38643,9.65609,
EXC,2001-10-15,9.69029,9.74793,9.58184,9.6688,
EXC,2001-10-16,9.71277,9.80949,9.59845,9.68052,
EXC,2001-10-17,9.71277,9.71277,9.45384,9.45384,
EXC,2001-10-18,9.45384,9.55155,9.12957,9.1751,
EXC,2001-10-19,9.1751,9.48805,9.09704,9.41478,
EXC,2001-10-22,9.45384,9.64535,9.31413,9.56035,
EXC,2001-10-23,8.59327,9.04379,8.52205,8.82473,
EXC,2001-10-24,8.8303,8.91599,8.59327,8.84828,
EXC,2001-10-25,8.79776,9.01339,8.7025,9.01339,
EXC,2001-10-26,8.98027,8.98507,8.59327,8.81575,
EXC,2001-10-29,8.83861,8.92361,8.76533,8.91599,
EXC,2001-10-30,8.91599,9.03411,8.88277,9.02307,
EXC,2001-10-31,9.02307,9.03969,8.95116,9.03969,
EXC,2001-11-01,8.97061,9.10886,8.96152,9.02307,
EXC,2001-11-02,9.02307,9.02307,8.8303,8.88833,
EXC,2001-11-05,8.99415,9.16963,8.97607,9.16201,
EXC,2001-11-06,9.05619,9.32293,9.05619,9.27847,
EXC,2001-11-07,9.23783,9.36494,9.19513,9.34247,
EXC,2001-11-08,9.32293,9.59845,9.25913,9.45384,
EXC,2001-11-09,9.45384,9.52419,9.38156,9.39718,
EXC,2001-11-12,9.39718,9.44017,9.19513,9.41868,
EXC,2001-11-13,9.43724,9.49293,9.28287,9.43724,
EXC,2001-11-14,9.32781,9.50075,9.23783,9.33367,
EXC,2001-11-15,9.33367,9.34734,9.21936,9.31413,
EXC,2001-11-16,9.31413,9.39718,9.20002,9.29069,
EXC,2001-11-19,9.29069,9.30534,9.10886,9.1669,
EXC,2001-11-20,9.1669,9.4685,9.15654,9.42259,
EXC,2001-11-21,9.37178,9.38156,9.1669,9.28287,
EXC,2001-11-23,9.28287,9.42259,9.14686,9.38156,
EXC,2001-11-26,9.38156,9.39718,9.21936,9.34734,
EXC,2001-11-27,9.21936,9.55546,9.19513,9.50075,
EXC,2001-11-28,9.50075,9.54568,9.34247,9.37178,
EXC,2001-11-29,9.36005,9.49684,9.20002,9.45775,
EXC,2001-11-30,9.45775,9.69421,9.40597,9.67564,
EXC,2001-12-03,9.67564,9.69421,9.54568,9.63265,
EXC,2001-12-04,9.43724,9.76162,9.43724,9.76162,
EXC,2001-12-05,9.76162,9.77725,9.54568,9.74793,
EXC,2001-12-06,9.74793,9.74793,9.46362,9.63949,
EXC,2001-12-07,9.63949,9.85935,9.63949,9.84862,
EXC,2001-12-10,9.84862,10.0713,9.68541,10.0547,
EXC,2001-12-11,10.0547,10.1407,9.70396,9.79972,
EXC,2001-12-12,9.79972,9.91209,9.65609,9.90815,
EXC,2001-12-13,9.88966,10.0215,9.76162,9.95412,
EXC,2001-12-14,9.78506,10.0215,9.70396,9.98446,
EXC,2001-12-17,9.98446,9.98446,9.82708,9.94044,
EXC,2001-12-18,9.94044,10.1847,9.89841,10.1485,
EXC,2001-12-19,10.1485,10.5608,10.0391,10.257,
EXC,2001-12-20,10.3918,10.4015,10.0439,10.1524,
EXC,2001-12-21,10.0439,10.0547,9.89841,10.0439,
EXC,2001-12-24,10.0626,10.2794,10.0626,10.2208,
EXC,2001-12-26,10.2931,10.4739,10.2883,10.3294,
EXC,2001-12-27,10.303,10.3771,10.2794,10.303,
EXC,2001-12-28,10.303,10.3722,10.1173,10.3137,
EXC,2001-12-31,10.303,10.5032,10.2883,10.385,
EXC,2002-01-02,10.4739,10.5442,10.2208,10.5149,
EXC,2002-01-03,10.4368,10.5198,10.3722,10.4983,
EXC,2002-01-04,10.3918,10.5149,10.2931,10.3888,
EXC,2002-01-07,10.4642,10.4642,10.3518,10.425,It Was A Very Bad Year S&P payouts have worst skid since 1951.
EXC,2002-01-08,10.3722,10.4015,10.2159,10.2619,
EXC,2002-01-09,10.2794,10.3137,10.086,10.0977,
EXC,2002-01-10,10.0977,10.2794,10.0547,10.2736,
EXC,2002-01-11,10.303,10.3577,10.2159,10.254,
EXC,2002-01-14,10.254,10.556,10.2443,10.4642,
EXC,2002-01-15,10.4983,10.6195,10.3811,10.4495,
EXC,2002-01-16,10.4562,10.5442,10.3811,10.4368,
EXC,2002-01-17,10.3771,10.3771,10.1749,10.1993,
EXC,2002-01-18,10.1993,10.254,10.131,10.1524,
EXC,2002-01-22,10.1524,10.1524,9.98149,9.98446,
EXC,2002-01-23,10.0118,10.126,9.95412,10.0439,
EXC,2002-01-24,10.0626,10.2286,10.0547,10.1661,
EXC,2002-01-25,10.1993,10.2286,10.0547,10.17,
EXC,2002-01-28,10.1173,10.2081,10.1055,10.1749,
EXC,2002-01-29,10.4368,10.4562,10.1006,10.1485,
EXC,2002-01-30,10.1993,10.4562,10.1993,10.4162,
EXC,2002-01-31,10.4162,10.683,10.3918,10.683,
EXC,2002-02-01,10.683,10.9106,10.679,10.8745,
EXC,2002-02-04,10.8236,10.9712,10.8236,10.9506,
EXC,2002-02-05,10.9311,10.9585,10.7651,10.9106,
EXC,2002-02-06,10.7611,10.9106,10.7611,10.8471,
EXC,2002-02-07,10.8471,11.0093,10.8471,10.9712,
EXC,2002-02-08,10.9556,11.0093,10.8471,10.9761,
EXC,2002-02-11,10.9761,11.0503,10.7827,11.0308,
EXC,2002-02-12,11.0875,11.3102,11.0639,11.2281,
EXC,2002-02-13,11.0729,11.1988,10.9585,11.023,
EXC,2002-02-14,10.9057,10.9585,10.8588,10.9311,
EXC,2002-02-15,11.0142,11.0503,10.9262,11.0064,
EXC,2002-02-19,10.8588,10.983,10.7914,10.811,
EXC,2002-02-20,10.7563,10.8774,10.6195,10.8275,
EXC,2002-02-21,10.7191,10.8872,10.5687,10.6195,
EXC,2002-02-22,10.5608,10.8959,10.5472,10.8198,
EXC,2002-02-25,10.6986,10.9311,10.6526,10.8677,
EXC,2002-02-26,10.8198,10.9585,10.7191,10.8774,
EXC,2002-02-27,10.9106,11.0142,10.8393,10.892,
EXC,2002-02-28,10.9409,10.9409,10.724,10.7827,
EXC,2002-03-01,10.8745,11.0729,10.8637,11.0562,
EXC,2002-03-04,11.0729,11.2663,10.9927,11.104,
EXC,2002-03-05,11.0826,11.15,10.9683,11.1276,
EXC,2002-03-06,11.2555,11.4852,11.1637,11.4578,
EXC,2002-03-07,11.4578,11.5369,11.3542,11.4626,
EXC,2002-03-08,11.4626,11.532,11.3102,11.3776,
EXC,2002-03-11,11.2663,11.5847,11.2516,11.4305,
EXC,2002-03-12,11.4451,11.4626,11.3102,11.3737,
EXC,2002-03-13,11.3737,11.3737,11.2477,11.3102,
EXC,2002-03-14,11.4235,11.5262,11.3776,11.4685,
EXC,2002-03-15,11.577,11.5887,11.3405,11.4685,
EXC,2002-03-18,11.3776,11.5633,11.3297,11.5389,
EXC,2002-03-19,11.532,11.661,11.532,11.5818,
EXC,2002-03-20,11.3981,11.5818,11.322,11.3297,
EXC,2002-03-21,11.3297,11.5369,11.3102,11.532,
EXC,2002-03-22,11.532,11.7245,11.4685,11.6404,
EXC,2002-03-25,11.6708,11.787,11.5496,11.617,
EXC,2002-03-26,11.617,11.6404,11.322,11.3981,
EXC,2002-03-27,11.4235,11.5926,11.322,11.5573,
EXC,2002-03-28,11.5926,11.7557,11.5369,11.5887,
EXC,2002-04-01,11.4305,11.6083,11.4041,11.5369,"[""Technology Trader Will new problems -- and maxed-out efficiency gains -- spell moretrouble for the nuclear-power industry?"", ""Oil-service shares close slightly higher NEW YORK (CBS.MW) -- Oil-service stocks pulled back from earlier highs Monday to close only slightly higher, but some analysts said prospects for the sector remained strong as turmoil in the Middle East helped send crude futures above $27 a barrel.""]"
EXC,2002-04-02,11.5369,11.5633,11.3981,11.4852,
EXC,2002-04-03,11.4852,11.5026,11.322,11.4852,
EXC,2002-04-04,11.4772,11.577,11.3737,11.4235,
EXC,2002-04-05,11.3297,11.4138,11.3005,11.322,
EXC,2002-04-08,11.322,11.4265,11.2663,11.4041,March Sadness Payout hikes declined last month. Blame Easter.
EXC,2002-04-09,11.4041,11.4305,11.2663,11.2751,
EXC,2002-04-10,11.2663,11.5153,11.2575,11.5153,
EXC,2002-04-11,11.5153,11.5887,11.3894,11.3933,
EXC,2002-04-12,11.3933,11.4402,11.2907,11.4088,
EXC,2002-04-15,11.3776,11.4772,11.1988,11.3444,
EXC,2002-04-16,11.3542,11.4852,11.3542,11.4685,
EXC,2002-04-17,11.4685,11.4959,11.3542,11.4899,
EXC,2002-04-18,11.3825,11.5447,11.3639,11.5369,
EXC,2002-04-19,11.6404,11.703,11.4852,11.6933,
EXC,2002-04-22,11.661,11.8525,11.6483,11.8144,
EXC,2002-04-23,11.8652,11.9706,11.7753,11.8144,
EXC,2002-04-24,11.957,11.9629,11.8144,11.9032,
EXC,2002-04-25,11.8584,11.9032,11.747,11.7909,
EXC,2002-04-26,11.8144,11.9796,11.6404,11.8985,
EXC,2002-04-29,11.8886,11.8886,11.6219,11.6796,
EXC,2002-04-30,11.787,11.8985,11.7128,11.8798,
EXC,2002-05-01,11.8798,11.9893,11.7655,11.9472,
EXC,2002-05-02,11.9472,11.9796,11.7607,11.9796,
EXC,2002-05-03,11.957,12.0362,11.8251,12.0313,
EXC,2002-05-06,12.0362,12.2062,12.0362,12.1202,
EXC,2002-05-07,12.1202,12.3488,12.0362,12.3118,
EXC,2002-05-08,12.3419,12.468,12.1877,12.4563,
EXC,2002-05-09,12.4026,12.4065,12.2384,12.2531,
EXC,2002-05-10,12.2531,12.4153,12.0928,12.2424,
EXC,2002-05-13,12.2287,12.3272,12.0362,12.1378,
EXC,2002-05-14,12.13,12.2062,12.001,12.1056,
EXC,2002-05-15,12.0527,12.2481,11.9532,12.0977,
EXC,2002-05-16,12.0841,12.0841,11.6219,11.6933,
EXC,2002-05-17,11.577,11.6747,11.0503,11.4685,
EXC,2002-05-20,11.4519,11.5573,11.322,11.4451,
EXC,2002-05-21,11.3894,11.6541,11.279,11.4998,
EXC,2002-05-22,11.5683,11.9258,11.5496,11.9082,
EXC,2002-05-23,11.957,12.1348,11.957,12.1163,
EXC,2002-05-24,12.13,12.1348,11.9082,12.042,
EXC,2002-05-28,12.042,12.042,11.8838,11.9706,
EXC,2002-05-29,11.8886,11.957,11.787,11.8408,
EXC,2002-05-30,11.7978,12.1016,11.7978,12.0206,
EXC,2002-05-31,12.0206,12.0206,11.7939,11.7939,
EXC,2002-06-03,11.8408,11.8408,11.4772,11.5447,
EXC,2002-06-04,11.5447,11.8027,11.5447,11.6404,
EXC,2002-06-05,11.7753,11.7753,11.4852,11.6571,
EXC,2002-06-06,11.6571,11.6708,11.3102,11.3542,
EXC,2002-06-07,11.2379,11.4812,11.2281,11.4353,
EXC,2002-06-10,11.4353,11.7303,11.3542,11.577,
EXC,2002-06-11,11.6883,11.7607,11.5818,11.6131,
EXC,2002-06-12,11.6131,11.8251,11.5573,11.7275,
EXC,2002-06-13,11.7303,11.9706,11.6883,11.8251,
EXC,2002-06-14,11.7411,11.9082,11.5818,11.6219,
EXC,2002-06-17,11.7128,11.787,11.6483,11.6883,
EXC,2002-06-18,11.7303,12.04,11.7128,11.9286,
EXC,2002-06-19,11.9082,12.0928,11.874,11.9629,
EXC,2002-06-20,11.9286,11.9286,11.6708,11.6933,
EXC,2002-06-21,11.6883,11.7509,11.577,11.7509,
EXC,2002-06-24,11.7509,11.7509,11.4138,11.4852,
EXC,2002-06-25,11.4685,11.6404,11.3639,11.4265,
EXC,2002-06-26,11.4725,11.4998,11.2281,11.3894,
EXC,2002-06-27,11.3894,11.4685,11.1373,11.4041,
EXC,2002-06-28,11.4138,11.5887,11.3405,11.5369,
EXC,2002-07-01,11.5369,11.5369,11.322,11.3405,
EXC,2002-07-02,11.2575,11.318,11.0903,11.1774,
EXC,2002-07-03,11.1373,11.322,11.0602,11.1149,
EXC,2002-07-05,11.1149,11.1149,10.9361,11.0903,
EXC,2002-07-08,11.0903,11.0943,10.8959,10.9409,
EXC,2002-07-09,10.9409,10.9506,10.5833,10.6409,
EXC,2002-07-10,10.6195,10.6322,10.1582,10.2208,
EXC,2002-07-11,10.0977,10.4739,10.0547,10.4495,
EXC,2002-07-12,10.3918,10.3968,9.92181,10.0118,
EXC,2002-07-15,9.75673,10.0391,9.2049,9.98149,
EXC,2002-07-16,10.0342,10.3361,9.83489,10.0547,Rowan beats; oil service higher NEW YORK (CBS.MW) -- Rowan Cos. shares rose Tuesday after the company beat Wall Street expectations and the oil service group gained ground on the back of strengthening natural gas and crude oil prices.
EXC,2002-07-17,10.0547,10.2286,9.81437,9.88079,
EXC,2002-07-18,9.88079,9.94917,9.69029,9.75283,
EXC,2002-07-19,9.77725,9.79972,9.31413,9.39718,
EXC,2002-07-22,9.39718,9.53494,9.07007,9.35615,
EXC,2002-07-23,9.35615,9.57403,8.64515,8.89801,
EXC,2002-07-24,8.42521,9.70396,8.34168,9.70396,"Merchant energy revives; Halliburton stock rallies NEW YORK (CBS.MW) -- Merchant energy shares took a breather Wednesday from a recent bout of sharp declines as investors, temporarily at least, shook off concerns about further bad news from the group."
EXC,2002-07-25,9.48316,10.1006,9.38156,10.0439,
EXC,2002-07-26,10.0342,10.0977,9.75283,9.91705,
EXC,2002-07-29,9.81437,9.98823,9.63461,9.75673,
EXC,2002-07-30,9.75673,10.6067,9.75283,10.5979,
EXC,2002-07-31,10.6273,11.153,10.4309,10.8158,
EXC,2002-08-01,10.7964,11.0503,10.3888,10.5833,
EXC,2002-08-02,10.6409,10.7337,10.1222,10.3137,
EXC,2002-08-05,10.4015,10.6927,10.2736,10.3518,
EXC,2002-08-06,10.3968,10.7611,10.3968,10.6106,
EXC,2002-08-07,10.6195,10.8061,10.4983,10.6273,
EXC,2002-08-08,10.8061,11.0025,10.5296,10.7651,
EXC,2002-08-09,10.7728,10.9057,10.6742,10.8471,
EXC,2002-08-12,10.8061,10.9761,10.7387,10.9634,
EXC,2002-08-13,11.0142,11.0142,10.6742,10.6742,
EXC,2002-08-14,10.6986,11.1246,10.6322,11.1149,
EXC,2002-08-15,17.8,17.99,17.51,17.59,
EXC,2002-08-16,10.9634,11.0142,10.7337,10.811,
EXC,2002-08-19,10.7651,11.0172,10.7435,11.0025,
EXC,2002-08-20,10.9458,11.1988,10.8158,11.0943,
EXC,2002-08-21,11.1373,11.5887,11.1373,11.5496,
EXC,2002-08-22,11.6033,11.6708,11.4138,11.5213,
EXC,2002-08-23,11.5026,11.7509,11.2907,11.3737,
EXC,2002-08-26,11.4265,11.5683,11.3005,11.4402,
EXC,2002-08-27,11.4959,11.661,11.3825,11.4265,
EXC,2002-08-28,11.4265,11.4578,11.2379,11.3063,
EXC,2002-08-29,11.279,11.279,11.0562,11.1276,
EXC,2002-08-30,10.9019,10.9106,10.3722,10.4162,
EXC,2002-09-03,10.1993,10.2336,9.90334,10.086,
EXC,2002-09-04,10.0664,10.1006,9.80949,9.93172,
EXC,2002-09-05,9.92181,10.0547,9.7665,9.78506,
EXC,2002-09-06,10.1006,10.1006,9.7665,9.88079,
EXC,2002-09-09,9.88079,10.1485,9.63949,10.0069,
EXC,2002-09-10,10.0118,10.0664,9.85935,9.95898,
EXC,2002-09-11,10.1749,10.1934,10.0118,10.1524,
EXC,2002-09-12,10.1358,10.1582,9.73718,9.78897,
EXC,2002-09-13,9.75283,9.94917,9.65609,9.75673,
EXC,2002-09-16,15.34,15.74,15.23,15.71,
EXC,2002-09-17,9.91209,9.98823,9.37666,9.4431,
EXC,2002-09-18,9.41478,10.0763,9.41478,9.92181,
EXC,2002-09-19,9.89841,10.2208,9.84469,9.99417,
EXC,2002-09-20,9.89841,10.0547,9.75673,9.90815,
EXC,2002-09-23,9.84469,10.0215,9.74793,9.89841,
EXC,2002-09-24,9.8222,9.9453,9.70396,9.7665,
EXC,2002-09-25,9.80949,10.2286,9.69812,10.1485,
EXC,2002-09-26,10.2336,10.7191,10.2208,10.6723,
EXC,2002-09-27,10.6723,10.8393,10.4368,10.4983,
EXC,2002-09-30,10.4983,10.6273,10.2657,10.5687,
EXC,2002-10-01,10.6986,10.8872,10.4642,10.8559,
EXC,2002-10-02,10.8393,11.104,10.7337,10.8559,
EXC,2002-10-03,10.9683,11.0503,10.6409,10.6526,
EXC,2002-10-04,10.6526,10.6526,10.3771,10.4983,
EXC,2002-10-07,10.552,10.8471,10.4015,10.4514,
EXC,2002-10-08,10.5032,10.5198,9.73718,10.2443,
EXC,2002-10-09,10.0342,10.1485,9.51931,9.55155,
EXC,2002-10-10,9.59845,10.5149,9.42746,10.3625,
EXC,2002-10-11,10.3918,10.4495,10.0626,10.1749,
EXC,2002-10-14,10.1749,10.4104,9.98823,10.3722,
EXC,2002-10-15,10.5687,10.6469,10.3918,10.4562,
EXC,2002-10-16,10.4368,10.4495,9.98149,10.0215,
EXC,2002-10-17,10.1485,10.4562,9.9453,10.3918,
EXC,2002-10-18,10.2794,10.6106,10.1006,10.51,
EXC,2002-10-21,10.2883,10.9106,10.213,10.9019,
EXC,2002-10-22,10.8959,11.104,10.4495,10.6156,
EXC,2002-10-23,10.6156,10.8236,10.425,10.6624,
EXC,2002-10-24,10.683,10.9634,10.6106,10.7133,
EXC,2002-10-25,10.729,10.8774,10.5882,10.8677,
EXC,2002-10-28,10.8872,11.0982,10.8559,10.9506,"Oil, energy issues mixed; focus on earnings NEW YORK (CBS.MW) -- Oil and energy issues closed mixed Monday ahead of a slew of earnings reports this week including TXU Corp., ExxonMobil, and ChevronTexaco."
EXC,2002-10-29,11.0025,11.0943,10.7865,10.983,
EXC,2002-10-30,11.104,11.2281,10.9585,11.2164,"Earnings dominate utility group NEW YORK (CBS.MW) -- Shares of utility issues got a lift Wednesday as TXU Corp., which has been under pressure all month, reported a better third quarter than expected."
EXC,2002-10-31,11.2331,11.2575,11.0639,11.2134,
EXC,2002-11-01,11.194,11.2516,11.0172,11.153,"Oil shares end the week sharply higher NEW YORK (CBS.MW) - Key indexes for major oil companies ended a volatile week on a high note Friday, with the bulk of the sector's bad news already known and investors looking toward hints on fourth-quarter results."
EXC,2002-11-04,11.1637,11.4402,11.104,11.3142,
EXC,2002-11-05,11.5496,11.5496,11.2428,11.5369,
EXC,2002-11-06,11.5573,11.8066,11.5496,11.6933,
EXC,2002-11-07,11.5683,11.6033,11.194,11.4353,
EXC,2002-11-08,11.4353,11.5262,11.1686,11.19,
EXC,2002-11-11,11.194,11.2575,10.9262,11.1276,
EXC,2002-11-12,11.147,11.2331,10.7914,11.0064,
EXC,2002-11-13,10.9683,11.19,10.9019,11.147,
EXC,2002-11-14,11.194,11.2907,11.0943,11.194,
EXC,2002-11-15,11.1774,11.3405,11.147,11.3405,
EXC,2002-11-18,11.3933,11.5213,11.1637,11.1686,
EXC,2002-11-19,11.2134,11.3102,11.0875,11.2281,
EXC,2002-11-20,11.2281,11.3142,10.9409,11.1774,
EXC,2002-11-21,11.1686,11.2281,10.9712,11.0562,
EXC,2002-11-22,11.0562,11.3494,10.9409,11.2575,
EXC,2002-11-25,11.2575,11.3933,11.1637,11.322,
EXC,2002-11-26,11.279,11.3737,11.153,11.2164,
EXC,2002-11-27,11.318,11.4812,11.2037,11.4353,
EXC,2002-11-29,11.322,11.4041,11.2614,11.2663,
EXC,2002-12-02,11.4959,11.4959,11.0982,11.1373,
EXC,2002-12-03,11.19,11.5818,11.19,11.532,
EXC,2002-12-04,11.4489,11.661,11.1774,11.1774,
EXC,2002-12-05,11.2379,11.3297,11.1637,11.1774,
EXC,2002-12-06,11.1724,11.3639,11.0875,11.3444,
EXC,2002-12-09,11.3737,11.7088,11.3542,11.6083,
EXC,2002-12-10,11.6659,11.6659,11.5026,11.6219,
EXC,2002-12-11,11.5887,11.6933,11.5076,11.6708,
EXC,2002-12-12,11.6317,11.9706,11.577,11.7411,
EXC,2002-12-13,11.7382,11.8301,11.703,11.7753,
EXC,2002-12-16,11.7753,11.8144,11.7411,11.7753,
EXC,2002-12-17,11.7753,11.8251,11.7303,11.7557,
EXC,2002-12-18,11.7303,11.787,11.5683,11.6708,
EXC,2002-12-19,11.6708,11.6708,11.4772,11.5262,
EXC,2002-12-20,11.6844,11.7352,11.6258,11.6708,
EXC,2002-12-23,11.787,11.8027,11.6933,11.7557,
EXC,2002-12-24,11.8144,11.8144,11.6933,11.7382,
EXC,2002-12-26,11.7909,11.8886,11.7753,11.8358,
EXC,2002-12-27,11.8301,11.8886,11.661,11.6708,
EXC,2002-12-30,11.7607,11.8985,11.7303,11.8301,
EXC,2002-12-31,11.8935,11.9082,11.6933,11.8485,
EXC,2003-01-02,11.9423,12.0742,11.8525,12.0742,
EXC,2003-01-03,12.0782,12.2687,11.9833,12.1056,
EXC,2003-01-06,12.1251,12.3938,12.1163,12.3938,"Spreading the Wealth After two lean years, S&P dividends are on the rise again."
EXC,2003-01-07,12.3938,12.3938,11.9472,12.001,
EXC,2003-01-08,12.001,12.0928,11.9286,12.0841,
EXC,2003-01-09,12.1104,12.1251,11.9706,12.0879,
EXC,2003-01-10,12.0645,12.1251,11.9336,11.9796,
EXC,2003-01-13,11.9796,12.1759,11.9796,12.0928,
EXC,2003-01-14,12.1877,12.3371,12.1348,12.3118,
EXC,2003-01-15,12.3419,12.3469,12.0254,12.3205,
EXC,2003-01-16,12.3292,12.383,12.1378,12.1837,
EXC,2003-01-17,12.1837,12.1837,11.9893,12.0616,
EXC,2003-01-21,12.0254,12.0977,11.8124,11.8124,
EXC,2003-01-22,11.7128,11.8584,11.4812,11.7245,
EXC,2003-01-23,11.7128,11.8935,11.6933,11.7303,
EXC,2003-01-24,11.5818,11.6483,11.4519,11.4812,
EXC,2003-01-27,11.3005,11.3102,11.0562,11.1373,
EXC,2003-01-28,11.1686,11.3825,11.1686,11.3005,
EXC,2003-01-29,11.3005,11.5847,11.2428,11.5262,"[""Fourth-quarter reports from Unocal, Oxy Pete and more EL SEGUNDO, Calif. (CBS.MW) -- Unocal Corp. reported Thursday a fourth-quarter profit that exceeded the target it set last month on improved exploration-and-production operations and said first-quarter earnings will likely be in the range of most analysts' expectations."", ""Majors top movers in energy NEW YORK (CBS.MW) -- Fourth-quarter results from top oil companies Wednesday showed marked improvement and kept shares solidly higher at the close.""]"
EXC,2003-01-30,11.5496,11.6483,11.3591,11.4187,
EXC,2003-01-31,11.3639,11.4959,11.3444,11.4353,
EXC,2003-02-03,11.4489,11.661,11.4489,11.5153,
EXC,2003-02-04,11.4725,11.5536,11.322,11.322,
EXC,2003-02-05,11.3825,11.4998,11.2614,11.2614,
EXC,2003-02-06,11.2516,11.3639,11.2164,11.2379,
EXC,2003-02-07,11.2663,11.2663,11.0093,11.0943,
EXC,2003-02-10,11.0943,11.2134,11.0503,11.1577,
EXC,2003-02-11,11.2379,11.2663,10.8872,10.8872,
EXC,2003-02-12,10.9927,11.0639,10.6039,10.6106,
EXC,2003-02-13,10.6156,10.9585,10.4445,10.8774,
EXC,2003-02-14,10.851,11.0142,10.7651,10.8872,
EXC,2003-02-18,10.9019,11.2164,10.8774,11.1149,
EXC,2003-02-19,11.1149,11.2428,11.0776,11.1988,
EXC,2003-02-20,11.1823,11.3933,11.1823,11.322,
EXC,2003-02-21,11.4353,11.5076,11.2751,11.3542,
EXC,2003-02-24,11.3297,11.4685,11.322,11.3776,
EXC,2003-02-25,11.5369,11.5974,11.3297,11.4353,
EXC,2003-02-26,11.4402,11.4519,11.1774,11.194,
EXC,2003-02-27,11.2965,11.3639,11.2087,11.2575,
EXC,2003-02-28,11.2575,11.2711,11.0826,11.1373,
EXC,2003-03-03,11.2164,11.279,11.1246,11.1637,
EXC,2003-03-04,11.1637,11.1988,10.9361,10.9683,
EXC,2003-03-05,10.9712,11.147,10.9683,11.1314,
EXC,2003-03-06,11.1149,11.2575,11.0639,11.2037,
EXC,2003-03-07,11.1823,11.2907,11.0903,11.2087,
EXC,2003-03-10,11.1686,11.1871,10.9585,11.0308,
EXC,2003-03-11,11.104,11.2087,10.9585,10.9585,
EXC,2003-03-12,10.9106,11.0308,10.8335,10.8774,
EXC,2003-03-13,11.0357,11.104,10.8236,10.8872,
EXC,2003-03-14,10.9458,11.0689,10.9019,10.9361,
EXC,2003-03-17,10.9458,11.2428,10.9409,11.2164,
EXC,2003-03-18,11.2428,11.2848,11.0826,11.2555,
EXC,2003-03-19,11.2555,11.3297,11.2087,11.2907,
EXC,2003-03-20,11.2516,11.3776,11.2087,11.3542,
EXC,2003-03-21,11.4353,11.5573,11.3737,11.5262,
EXC,2003-03-24,11.532,11.532,11.2614,11.279,
EXC,2003-03-25,11.2751,11.5026,11.2751,11.4305,
EXC,2003-03-26,11.4626,11.5026,11.3005,11.3259,
EXC,2003-03-27,11.2516,11.4451,11.1577,11.4353,
EXC,2003-03-28,11.4235,11.5369,11.3981,11.4685,
EXC,2003-03-31,11.4685,11.5573,11.3835,11.4235,
EXC,2003-04-01,11.4235,11.6483,11.4235,11.6083,
EXC,2003-04-02,11.7812,11.8124,11.4772,11.4959,
EXC,2003-04-03,11.4959,11.5026,11.2516,11.2516,
EXC,2003-04-04,11.3063,11.4852,11.3005,11.4489,
EXC,2003-04-07,11.5818,11.6083,11.3591,11.3835,"The Waiting Game New doubts about dividend-tax relief may be keeping a lid on enhancedpayouts. Also, a look at the generous Dow 30."
EXC,2003-04-08,11.3776,11.4519,11.3405,11.3494,
EXC,2003-04-09,11.4138,11.5447,11.3142,11.3405,
EXC,2003-04-10,11.3776,11.5262,11.3639,11.4959,
EXC,2003-04-11,11.5125,11.5683,11.279,11.3259,
EXC,2003-04-14,11.3259,11.5153,11.3259,11.4959,
EXC,2003-04-15,11.5369,11.6844,11.4772,11.6483,
EXC,2003-04-16,11.6541,11.7352,11.5447,11.577,
EXC,2003-04-17,18.22,18.35,18.13,18.32,
EXC,2003-04-21,11.6454,11.6933,11.5573,11.6356,
EXC,2003-04-22,11.6356,11.6708,11.5389,11.6131,
EXC,2003-04-23,11.5633,11.6033,11.4899,11.5369,
EXC,2003-04-24,11.4899,11.6708,11.4899,11.6317,
EXC,2003-04-25,11.6317,11.7128,11.5573,11.6483,
EXC,2003-04-28,11.6796,11.7607,11.6541,11.6991,
EXC,2003-04-29,11.7509,11.8408,11.7509,11.8027,
EXC,2003-04-30,11.8886,12.1056,11.8886,12.0206,
EXC,2003-05-01,12.0206,12.1525,11.9179,12.0107,
EXC,2003-05-02,11.9893,12.2384,11.9893,12.2062,
EXC,2003-05-05,12.2384,12.4201,12.171,12.3272,
EXC,2003-05-06,12.3058,12.4406,12.2775,12.3332,
EXC,2003-05-07,12.3332,12.4406,12.3058,12.4348,
EXC,2003-05-08,12.4348,12.4348,12.2189,12.2384,
EXC,2003-05-09,12.2687,12.3292,12.2013,12.2189,
EXC,2003-05-12,12.1651,12.3986,12.1651,12.3586,
EXC,2003-05-13,12.3419,12.3419,12.2599,12.3009,
EXC,2003-05-14,12.3488,12.3635,12.2599,12.2872,
EXC,2003-05-15,12.3782,12.5686,12.3586,12.5462,
EXC,2003-05-16,12.4563,12.7905,12.4406,12.7084,
EXC,2003-05-19,12.6811,12.6898,12.5462,12.5462,
EXC,2003-05-20,12.6694,12.7142,12.6038,12.6898,
EXC,2003-05-21,12.7709,12.8363,12.7044,12.8363,
EXC,2003-05-22,12.8363,13.1207,12.8363,13.024,
EXC,2003-05-23,13.0817,13.4275,13.0767,13.2926,"Utilities light up after Goldman Sachs upgrade DALLAS (CBS.MW) --Utilities stocks were the star of Friday's session, and bucked the tradition of lackluster pre-holiday trading, after Goldman Sachs upgraded its rating on the group."
EXC,2003-05-27,13.2985,13.5233,13.2302,13.3708,
EXC,2003-05-28,13.3708,13.3708,13.2165,13.2203,
EXC,2003-05-29,13.2242,13.2594,12.8676,12.9087,
EXC,2003-05-30,12.8774,12.9917,12.8363,12.9869,
EXC,2003-06-02,13.024,13.2165,13.0142,13.1138,
EXC,2003-06-03,13.1138,13.362,13.0767,13.3493,
EXC,2003-06-04,13.3493,13.491,13.2662,13.486,
EXC,2003-06-05,13.486,13.486,13.1421,13.1685,
EXC,2003-06-06,13.3493,13.3493,13.1354,13.1354,
EXC,2003-06-09,13.1354,13.2359,13.0553,13.1207,
EXC,2003-06-10,13.1735,13.3395,13.1354,13.3347,
EXC,2003-06-11,13.3347,13.5985,13.1519,13.2779,
EXC,2003-06-12,13.362,13.5564,13.318,13.5525,
EXC,2003-06-13,13.5907,13.6268,13.3493,13.4509,
EXC,2003-06-16,13.5614,13.7147,13.532,13.6669,
EXC,2003-06-17,13.7069,13.7851,13.5907,13.5907,
EXC,2003-06-18,13.6111,13.6522,13.5193,13.6483,Energy West suspends quarterly dividend; more on energy Shares of Energy West fell as much as 23 percent Wednesday after its board of directors said it's decided to suspend the quarterly dividend on its common stock in order to conserve cash and increase the company's financial flexibility.
EXC,2003-06-19,13.6698,13.7196,13.5564,13.6268,
EXC,2003-06-20,13.6884,13.8027,13.5907,13.5985,
EXC,2003-06-23,13.5818,13.5907,13.486,13.5154,
EXC,2003-06-24,13.4753,13.5525,13.4069,13.486,
EXC,2003-06-25,13.576,13.7294,13.4509,13.486,"[""Lehman names'10 Uncommon Values' for 2003-2004 NEW YORK (CBS.MW) -- Lehman Bros. unveiled its latest list of \""10 Uncommon Values\"" Wednesday, but given the performance of many stocks on the firm's 2002-2003 register, investors might want to think twice before jumping in."", ""Gives back gains at close after Fed move DALLAS (CBS.MW) -- Energy stocks weakened at Wednesday's close after the Federal Reserve decided to cut its benchmark interest rate by a quarter-point, less than the market had hoped.""]"
EXC,2003-06-26,13.5477,13.6698,13.4695,13.6698,
EXC,2003-06-27,13.6922,13.6922,13.4753,13.5193,
EXC,2003-06-30,13.5193,13.6385,13.5037,13.5564,
EXC,2003-07-01,13.5564,13.6522,13.2165,13.576,
EXC,2003-07-02,13.576,13.6922,13.4607,13.6795,
EXC,2003-07-03,13.5525,13.5907,13.4959,13.532,
EXC,2003-07-07,13.5661,13.6795,13.4959,13.4959,
EXC,2003-07-08,13.486,13.4987,13.2779,13.3083,
EXC,2003-07-09,13.3034,13.3034,13.0817,13.0904,
EXC,2003-07-10,13.064,13.064,12.7944,12.8061,
EXC,2003-07-11,12.8089,12.9614,12.8089,12.9087,
EXC,2003-07-14,13.0103,13.064,12.8089,12.8139,
EXC,2003-07-15,12.5784,12.5784,12.5784,12.5784,
EXC,2003-07-16,12.638,12.638,12.3419,12.4065,
EXC,2003-07-17,12.3292,12.4153,12.2775,12.3586,
EXC,2003-07-18,12.4406,12.638,12.424,12.6,
EXC,2003-07-21,12.7758,12.7758,12.4632,12.4885,
EXC,2003-07-22,12.5784,12.7308,12.5179,12.7308,
EXC,2003-07-23,12.7709,12.8061,12.6731,12.6898,
EXC,2003-07-24,12.6898,12.8862,12.6694,12.6898,
EXC,2003-07-25,12.7231,12.8442,12.6898,12.7709,
EXC,2003-07-28,12.7552,12.7552,12.5511,12.6614,
EXC,2003-07-29,12.7231,12.8236,12.6771,12.7592,
EXC,2003-07-30,12.9194,13.0406,12.853,12.935,"Results from Cooper Cameron, Duke, Exelon; more Cooper Cameron said Wednesday that its second-quarter profit fell 8 percent, but earnings still matched analysts' target."
EXC,2003-07-31,12.9487,13.0963,12.935,13.019,
EXC,2003-08-01,13.1041,13.1041,12.935,13.019,
EXC,2003-08-04,13.0142,13.1901,12.9272,13.1871,
EXC,2003-08-05,13.1685,13.2359,13.0817,13.1265,
EXC,2003-08-06,13.1421,13.3581,13.0289,13.2779,
EXC,2003-08-07,13.3258,13.4441,13.2779,13.4441,
EXC,2003-08-08,13.4803,13.5291,13.3874,13.4363,
EXC,2003-08-11,13.4275,13.4509,13.3308,13.3923,
EXC,2003-08-12,13.3923,13.5525,13.3806,13.5477,
EXC,2003-08-13,13.5154,13.5477,13.4069,13.5037,
EXC,2003-08-14,13.5037,13.532,13.3923,13.4509,
EXC,2003-08-15,13.4509,13.4509,13.318,13.4021,
EXC,2003-08-18,13.4021,13.5525,13.4021,13.486,
EXC,2003-08-19,13.4636,13.491,13.2662,13.3131,
EXC,2003-08-20,13.2985,13.4129,13.2985,13.362,
EXC,2003-08-21,13.3258,13.3435,13.2457,13.2926,
EXC,2003-08-22,13.2926,13.2926,13.0406,13.0553,
EXC,2003-08-25,13.0817,13.2624,13.0767,13.2457,
EXC,2003-08-26,13.2457,13.362,13.1685,13.2779,
EXC,2003-08-27,13.2839,13.3083,13.2067,13.2662,
EXC,2003-08-28,13.2878,13.3083,13.2302,13.2546,
EXC,2003-08-29,13.2594,13.3493,13.2506,13.3493,
EXC,2003-09-02,13.3493,13.5985,13.3493,13.5985,
EXC,2003-09-03,13.5985,13.6884,13.5525,13.6669,
EXC,2003-09-04,13.7108,13.7343,13.5711,13.6483,
EXC,2003-09-05,13.6385,13.6385,13.491,13.5818,
EXC,2003-09-08,13.5417,13.6385,13.5291,13.6238,
EXC,2003-09-09,13.6053,13.6698,13.576,13.576,
EXC,2003-09-10,13.5818,13.7108,13.5564,13.6268,
EXC,2003-09-11,13.6884,13.7733,13.6024,13.6268,
EXC,2003-09-12,13.6385,13.7665,13.6268,13.7616,
EXC,2003-09-15,13.7948,13.8027,13.6111,13.703,
EXC,2003-09-16,13.7616,13.916,13.7489,13.8926,
EXC,2003-09-17,13.8965,14.0205,13.8965,13.959,
EXC,2003-09-18,14.084,14.255,14.084,14.255,
EXC,2003-09-19,14.255,14.2999,14.1856,14.2999,
EXC,2003-09-22,14.2999,14.2999,13.9951,14.1036,
EXC,2003-09-23,14.0723,14.1319,14.0431,14.0938,
EXC,2003-09-24,14.1036,14.1134,13.916,13.9687,
EXC,2003-09-25,14.084,14.1504,13.959,13.9785,
EXC,2003-09-26,13.9951,14.2775,13.8866,14.1964,"Sun, Microsoft tick higher, Research In Motion slips SAN FRANCISCO (CBS.MW) -- Shares zigzagged through the evening session Friday, with tech heavyweights Microsoft and Sun Microsystems ticking higher after closing to the downside, and Research in Motion retracing earlier gains."
EXC,2003-09-29,14.1964,14.4436,14.1964,14.4358,
EXC,2003-09-30,14.4309,14.4944,14.3216,14.3917,
EXC,2003-10-01,14.4007,14.6575,14.4007,14.6419,
EXC,2003-10-02,14.6615,14.7309,14.5394,14.6528,
EXC,2003-10-03,14.6528,14.7084,14.5286,14.5305,
EXC,2003-10-06,14.5589,14.5589,14.4729,14.514,Sweet September Higher payouts softened the blow of last month's market setback.
EXC,2003-10-07,14.4211,14.6419,14.3917,14.5589,
EXC,2003-10-08,14.5677,14.5774,14.427,14.5198,
EXC,2003-10-09,14.5774,14.7396,14.5774,14.6175,
EXC,2003-10-10,14.6175,14.6273,14.5354,14.6078,
EXC,2003-10-13,14.6528,14.7602,14.5941,14.6575,
EXC,2003-10-14,14.6772,14.7446,14.6575,14.7212,
EXC,2003-10-15,14.7084,14.7084,14.5482,14.5853,
EXC,2003-10-16,14.5853,14.6575,14.4651,14.5736,
EXC,2003-10-17,14.6273,14.6615,14.3917,14.4309,
EXC,2003-10-20,14.4309,14.469,14.3762,14.469,
EXC,2003-10-21,14.5042,14.5941,14.4182,14.4729,
EXC,2003-10-22,14.4211,14.5286,14.3498,14.4554,
EXC,2003-10-23,14.5394,14.5901,14.3967,14.4798,
EXC,2003-10-24,14.4358,14.4611,14.3469,14.4007,
EXC,2003-10-27,14.4611,14.6126,14.4211,14.4387,
EXC,2003-10-28,14.4124,14.4798,14.3693,14.4504,
EXC,2003-10-29,14.4211,14.5042,14.3917,14.4504,
EXC,2003-10-30,14.4651,14.4944,14.4124,14.4611,
EXC,2003-10-31,14.4611,14.5482,14.3498,14.382,
EXC,2003-11-03,14.382,14.7885,14.382,14.7396,"[""U.S. stocks close higher on strong manufacturing news NEW YORK (CBS.MW) -- U.S. stocks got November off to a bullish start Monday as investors rallied around positive earnings news, a spate of acquisitions and signs of strength in the manufacturing and technology sectors."", ""Dynegy gains on deal to sell Illinois Power unit DALLAS (CBS.MW) -- Shares of Dynegy were among the biggest gainers in the energy sector Monday, and closed the session as the most active stock, after the company said it would sell Illinois Power to Exelon for nearly $2.23 billion.""]"
EXC,2003-11-04,14.7396,14.7563,14.4729,14.4866,
EXC,2003-11-05,14.4944,14.6078,14.4007,14.4611,
EXC,2003-11-06,14.4211,14.4611,14.297,14.3586,
EXC,2003-11-07,14.3917,14.4124,14.1661,14.2512,
EXC,2003-11-10,14.3079,14.4124,14.2101,14.3216,
EXC,2003-11-11,14.2101,14.387,14.1427,14.3693,
EXC,2003-11-12,14.2599,14.3693,14.1466,14.1739,
EXC,2003-11-13,14.1739,14.1739,13.9854,14.0488,
EXC,2003-11-14,14.0488,14.2452,14.0001,14.1661,
EXC,2003-11-17,14.1319,14.1661,13.956,14.0488,
EXC,2003-11-18,14.0586,14.1661,13.874,13.9297,
EXC,2003-11-19,14.0205,14.2315,14.0157,14.1856,
EXC,2003-11-20,14.0488,14.2696,13.9473,13.9951,
EXC,2003-11-21,13.9473,13.9785,13.8135,13.916,
EXC,2003-11-24,14.0586,14.1319,14.0118,14.0205,
EXC,2003-11-25,14.0294,14.084,13.9297,14.0049,
EXC,2003-11-26,14.0488,14.0685,13.9374,14.0294,"[""Stocks to watch Wednesday: TECD, C, HRB, SBUX, HRL Stocks making significant moves in Tuesday's U.S. equity trading. Plus, a roundup of news and developments likely to move stocks at the open of trade on Wednesday."", ""Oil shares get a pre-holiday lift DALLAS (CBS.MW) -- Energy stocks gained ground Wednesday, though trading was light, in typical fashion on a day before a holiday weekend.""]"
EXC,2003-11-28,14.0205,14.0586,14.0118,14.0118,
EXC,2003-12-01,14.0294,14.1319,13.9374,14.0938,
EXC,2003-12-02,14.0488,14.1172,14.0118,14.1026,
EXC,2003-12-03,14.1026,14.255,14.0792,14.1427,
EXC,2003-12-04,14.1574,14.342,14.0938,14.2999,
EXC,2003-12-05,14.3176,14.5394,14.2999,14.3693,
EXC,2003-12-08,14.3498,14.5482,14.3498,14.4798,
EXC,2003-12-09,14.5286,14.5286,14.2452,14.3586,
EXC,2003-12-10,14.3723,14.5305,14.3216,14.4798,
EXC,2003-12-11,14.4798,14.5198,14.3586,14.4211,
EXC,2003-12-12,14.4124,14.4387,14.3079,14.3723,
EXC,2003-12-15,14.4611,14.4729,14.1856,14.255,"Exelon sells thermal tech unit for $135 mln; more news Exelon Corp. said Monday it’s selling its Thermal Technologies subsidiary to Macquarie Bank Ltd. of Australia for $135 million. This, and other energy-related news."
EXC,2003-12-16,14.1739,14.255,14.1661,14.2315,
EXC,2003-12-17,14.2452,14.2599,14.1319,14.255,
EXC,2003-12-18,14.2696,14.4729,14.1856,14.4007,
EXC,2003-12-19,14.4124,14.6224,14.3079,14.5482,"Sector pauses, taking cue from commodities, weather WASHINGTON (CBS.MW) -- Energy stocks ended Friday as they began, losing ground in a pullback tied to the action in commodity prices."
EXC,2003-12-22,14.5482,14.6273,14.382,14.6126,
EXC,2003-12-23,14.5941,14.7162,14.5774,14.6947,
EXC,2003-12-24,14.6615,14.7846,14.6126,14.7719,
EXC,2003-12-26,14.7719,14.8217,14.7084,14.7602,
EXC,2003-12-29,14.7602,14.9341,14.7446,14.9165,
EXC,2003-12-30,14.8589,15.0484,14.854,14.9937,
EXC,2003-12-31,15.0211,15.0992,14.9624,15.0386,
EXC,2004-01-02,15.1071,15.2253,14.8862,14.9575,
EXC,2004-01-05,14.9575,15.0787,14.8266,15.024,"A Fine Finale Four Dow Industrials -- Caterpillar, GE, McDonald's and SBC -- boostedtheir payouts in 2003's final quarter. It was a fittingly generousconclusion to a bounteous year."
EXC,2004-01-06,14.9116,15.0211,14.8667,14.9165,
EXC,2004-01-07,14.8823,15.0122,14.8589,15.0074,
EXC,2004-01-08,14.9663,15.0122,14.8706,15.0122,
EXC,2004-01-09,14.9478,15.0122,14.8217,14.8667,
EXC,2004-01-12,14.8706,14.9116,14.7563,14.7885,
EXC,2004-01-13,14.7719,14.8667,14.6575,14.7846,
EXC,2004-01-14,14.7846,14.9907,14.7602,14.9165,
EXC,2004-01-15,14.9165,14.9526,14.8168,14.8862,
EXC,2004-01-16,14.9478,15.0024,14.8442,14.9478,
EXC,2004-01-20,14.9018,14.9341,14.7719,14.9165,
EXC,2004-01-21,14.9301,15.1198,14.8491,15.1119,
EXC,2004-01-22,15.0337,15.1813,14.9478,15.0484,
EXC,2004-01-23,15.0787,15.1372,14.8217,14.8354,"Consider the contrarian approach to investing SAN FRANCISCO (CBS.MW) -- The herd has been gorging on tech names with a zeal reminiscent of 1999, and those who have done so have been rewarded handsomely of late as stocks went into a gravity-defying lift."
EXC,2004-01-26,14.8217,14.8706,14.5853,14.7503,
EXC,2004-01-27,14.7749,14.8354,14.6918,14.7699,
EXC,2004-01-28,14.9575,15.1852,14.9478,15.0211,"[""Cooper Cameron results cast shadow on oil services DALLAS (CBS.MW) -- Shares of Cooper Cameron fell as much as 15 percent Wednesday after the oil-service company's fourth-quarter results fell short of management's expectations."", ""Ensco swings to a profit in Q4; more energy news SAN FRANCISCO (CBS.MW) -- Ensco International's fourth-quarter profit edged past the consensus estimate on Wall Street, but its stock tumbled after the Dallas-based drilling services provider said market conditions won't likely start an \""improving trend\"" until the second quarter.""]"
EXC,2004-01-29,15.1617,15.1666,14.9985,15.1071,
EXC,2004-01-30,15.1119,15.1852,15.024,15.1813,
EXC,2004-02-02,15.1852,15.2575,15.0661,15.148,
EXC,2004-02-03,15.0942,15.1335,14.982,15.1335,
EXC,2004-02-04,15.024,15.0895,14.9223,14.982,
EXC,2004-02-05,15.0122,15.0122,14.8393,14.8891,
EXC,2004-02-06,14.9223,14.9937,14.854,14.9663,
EXC,2004-02-09,14.9702,15.0708,14.9116,15.0337,
EXC,2004-02-10,15.0171,15.1158,14.982,15.1158,
EXC,2004-02-11,15.0024,15.0122,14.7719,14.9937,
EXC,2004-02-12,14.9341,15.0024,14.8891,14.9165,
EXC,2004-02-13,14.8823,14.9575,14.7885,14.8589,
EXC,2004-02-17,14.982,15.0074,14.8862,14.9478,
EXC,2004-02-18,14.9575,15.1852,14.8891,15.1519,
EXC,2004-02-19,15.1763,15.2253,14.982,15.0278,
EXC,2004-02-20,15.0278,15.0278,14.7602,14.8491,
EXC,2004-02-23,14.9058,15.0024,14.7563,14.8442,
EXC,2004-02-24,14.8891,14.9526,14.7563,14.8491,
EXC,2004-02-25,14.9018,15.0337,14.8217,14.982,
EXC,2004-02-26,14.9478,15.0992,14.9341,15.0708,
EXC,2004-02-27,15.0708,15.2867,15.0661,15.2145,
EXC,2004-03-01,15.2301,15.275,15.1813,15.2253,
EXC,2004-03-02,15.2399,15.3982,15.193,15.2056,
EXC,2004-03-03,15.2056,15.2867,15.0768,15.2145,
EXC,2004-03-04,15.1763,15.2917,15.148,15.1715,
EXC,2004-03-05,15.1763,15.364,15.148,15.3406,
EXC,2004-03-08,15.2966,15.3893,15.2917,15.3406,
EXC,2004-03-09,15.3356,15.5018,15.3014,15.4891,
EXC,2004-03-10,15.4656,15.5184,15.364,15.3689,
EXC,2004-03-11,15.403,15.4704,15.1852,15.2253,
EXC,2004-03-12,15.2819,15.2819,15.0631,15.2145,
EXC,2004-03-15,15.1617,15.2575,15.0768,15.1422,
EXC,2004-03-16,15.148,15.2203,15.0337,15.1071,
EXC,2004-03-17,15.1763,15.403,15.148,15.3737,
EXC,2004-03-18,15.3356,15.4373,15.2399,15.275,
EXC,2004-03-19,15.2623,15.3171,15.148,15.1852,
EXC,2004-03-22,15.1617,15.2575,14.9859,15.0074,
EXC,2004-03-23,14.9478,15.0571,14.9223,14.982,
EXC,2004-03-24,14.9478,15.1422,14.8891,15.1295,
EXC,2004-03-25,15.1295,15.3591,15.0708,15.3561,
EXC,2004-03-26,15.3591,15.5369,15.3434,15.4784,
EXC,2004-03-29,15.4656,15.5066,15.3893,15.4784,
EXC,2004-03-30,15.4784,15.5525,15.4343,15.5321,
EXC,2004-03-31,15.5242,15.6112,15.4831,15.6112,
EXC,2004-04-01,15.5838,15.7421,15.5242,15.704,
EXC,2004-04-02,15.7089,15.7089,15.5604,15.6239,
EXC,2004-04-05,15.5916,15.746,15.5838,15.7421,
EXC,2004-04-06,15.7421,15.8183,15.6199,15.7089,
EXC,2004-04-07,15.6463,15.6825,15.5369,15.5838,
EXC,2004-04-08,15.5838,15.6239,15.5321,15.5955,
EXC,2004-04-12,15.6366,15.6366,15.1852,15.3112,
EXC,2004-04-13,15.3112,15.3112,14.854,14.9702,
EXC,2004-04-14,14.8393,15.0122,14.7132,14.807,
EXC,2004-04-15,14.7396,14.982,14.7396,14.7973,
EXC,2004-04-16,14.9018,14.9937,14.7973,14.9937,
EXC,2004-04-19,14.9341,15.0435,14.8862,14.9985,
EXC,2004-04-20,15.024,15.0631,14.7885,14.7885,
EXC,2004-04-21,14.7749,14.7846,14.5941,14.7563,
EXC,2004-04-22,14.9116,15.2106,14.7973,15.0024,
EXC,2004-04-23,15.0074,15.0484,14.854,14.9859,
EXC,2004-04-26,14.9575,15.1295,14.9526,15.1295,
EXC,2004-04-27,15.1295,15.1617,15.0435,15.1198,
EXC,2004-04-28,15.1071,15.2917,15.1071,15.1763,
EXC,2004-04-29,15.2966,15.2966,15.0278,15.0895,
EXC,2004-04-30,15.1236,15.2145,15.0942,15.1715,
EXC,2004-05-03,15.0895,15.1813,15.0484,15.1119,
EXC,2004-05-04,15.1372,15.1813,14.9937,15.1295,
EXC,2004-05-05,15.0787,15.1763,14.9702,15.0024,
EXC,2004-05-06,15.1372,15.2106,14.807,15.0524,
EXC,2004-05-07,14.9526,15.0171,14.5589,14.6575,
EXC,2004-05-10,14.6615,14.7309,14.382,14.5354,
EXC,2004-05-11,14.5736,14.5853,14.1856,14.3216,
EXC,2004-05-12,14.1661,14.5677,14.0157,14.2395,
EXC,2004-05-13,14.0723,14.3263,14.0723,14.1818,
EXC,2004-05-14,14.2003,14.4084,14.1964,14.255,
EXC,2004-05-17,14.1427,14.3029,14.0586,14.2365,
EXC,2004-05-18,14.3586,14.4944,14.2999,14.3029,
EXC,2004-05-19,14.3029,14.427,14.1905,14.2277,
EXC,2004-05-20,14.1739,14.4798,14.1466,14.4084,
EXC,2004-05-21,14.5286,14.6224,14.4611,14.5354,
EXC,2004-05-24,14.5354,14.812,14.5354,14.7797,
EXC,2004-05-25,14.7846,14.9663,14.6947,14.9438,
EXC,2004-05-26,14.9478,15.1236,14.7563,14.8823,
EXC,2004-05-27,15.0708,15.1666,14.9253,15.0386,
EXC,2004-05-28,15.0122,15.1617,14.9663,15.0942,
EXC,2004-06-01,15.0992,15.2106,14.9575,15.1119,
EXC,2004-06-02,15.1158,15.2253,14.9165,14.9575,
EXC,2004-06-03,14.8969,14.9575,14.7259,14.812,
EXC,2004-06-04,14.812,15.0708,14.812,14.9478,
EXC,2004-06-07,15.0571,15.0708,14.9478,15.0122,
EXC,2004-06-08,14.9116,14.9575,14.7563,14.7846,
EXC,2004-06-09,14.7846,14.8667,14.5736,14.5736,
EXC,2004-06-10,14.5482,14.8667,14.5482,14.8627,
EXC,2004-06-14,14.7084,14.8941,14.6986,14.807,
EXC,2004-06-15,14.807,15.0074,14.7933,14.8217,
EXC,2004-06-16,14.8266,14.9301,14.7309,14.7563,
EXC,2004-06-17,14.7563,14.8315,14.6869,14.7885,
EXC,2004-06-18,14.7749,14.9116,14.6615,14.8941,
EXC,2004-06-21,14.8941,15.1715,14.8491,15.1071,
EXC,2004-06-22,15.1763,15.2056,15.0024,15.0211,
EXC,2004-06-23,14.9937,15.2536,14.9937,15.2428,
EXC,2004-06-24,15.1852,15.3786,15.1569,15.3308,
EXC,2004-06-25,15.3356,15.407,15.19,15.2056,
EXC,2004-06-28,15.2056,15.4724,15.1969,15.2008,
EXC,2004-06-29,15.2056,15.2106,14.9624,15.0171,
EXC,2004-06-30,15.0631,15.148,14.8891,15.0895,
EXC,2004-07-01,15.0484,15.1236,14.8168,14.8754,
EXC,2004-07-02,14.9907,15.1372,14.9438,14.976,
EXC,2004-07-06,14.9907,15.0787,14.9018,14.9341,
EXC,2004-07-07,14.9018,15.0787,14.8667,15.0171,
EXC,2004-07-08,15.0122,15.1666,14.9438,15.1198,
EXC,2004-07-09,15.1422,15.1422,14.9301,14.9663,
EXC,2004-07-12,14.9702,15.1335,14.9702,15.1119,
EXC,2004-07-13,15.1119,15.2428,15.0895,15.1969,
EXC,2004-07-14,15.1852,15.5135,15.1236,15.4656,
EXC,2004-07-15,15.4656,15.5281,15.3893,15.4704,
EXC,2004-07-16,15.6151,15.7137,15.574,15.6112,
EXC,2004-07-19,15.5916,15.7294,15.5477,15.6659,
EXC,2004-07-20,15.5916,15.704,15.5242,15.6151,
EXC,2004-07-21,15.6112,15.6112,15.2203,15.2253,
EXC,2004-07-22,15.1236,15.1372,14.9058,15.024,
EXC,2004-07-23,15.0024,15.0524,14.94,14.9907,
EXC,2004-07-26,15.0571,15.1335,14.976,15.0524,
EXC,2004-07-27,15.0524,15.1119,14.8891,14.9058,
EXC,2004-07-28,15.3209,15.4558,15.0787,15.3982,
EXC,2004-07-29,15.4558,15.7421,15.4343,15.7294,
EXC,2004-07-30,15.704,16.0636,15.6366,15.8183,
EXC,2004-08-02,15.704,16.0948,15.704,16.0636,
EXC,2004-08-03,16.0225,16.1505,15.9248,16.0811,
EXC,2004-08-04,16.0811,16.3176,16.0039,16.2228,
EXC,2004-08-05,16.2736,16.3351,16.0576,16.1046,
EXC,2004-08-06,16.2266,16.4983,16.1368,16.3234,
EXC,2004-08-09,16.4309,16.4358,16.2306,16.3821,
EXC,2004-08-10,16.4309,16.5706,16.3274,16.5471,
EXC,2004-08-11,16.4075,16.6703,16.3704,16.5276,"Utility Fund Pro Seeks Out Power Stocks Judith Saryan, Eaton Vance's utility stock ace, is bullish onnuclear-generated power and oil. She also likes Verizon -- at least for thenext 12 months."
EXC,2004-08-12,16.4544,16.5471,16.4075,16.4759,
EXC,2004-08-13,16.4075,16.5022,16.254,16.3351,
EXC,2004-08-16,16.3771,16.4358,16.2677,16.3274,
EXC,2004-08-17,16.3478,16.4397,16.304,16.3274,
EXC,2004-08-18,16.386,16.5511,16.3313,16.5355,
EXC,2004-08-19,16.3401,16.4759,16.2931,16.3586,
EXC,2004-08-20,16.3351,16.4924,16.2931,16.4924,
EXC,2004-08-23,16.4075,16.4709,16.3176,16.3401,
EXC,2004-08-24,16.386,16.4632,16.2931,16.3996,
EXC,2004-08-25,16.3996,16.5022,16.3449,16.4846,
EXC,2004-08-26,16.4397,16.5355,16.3401,16.3586,
EXC,2004-08-27,16.3586,16.386,16.3176,16.3313,
EXC,2004-08-30,16.2931,16.5129,16.2931,16.4202,
EXC,2004-08-31,16.4445,16.7044,16.4202,16.7044,
EXC,2004-09-01,16.7074,16.892,16.6947,16.8403,
EXC,2004-09-02,16.892,16.9985,16.8618,16.9985,
EXC,2004-09-03,17.0162,17.0503,16.8588,16.9321,
EXC,2004-09-07,17.0201,17.1226,16.9595,17.0806,
EXC,2004-09-08,17.0503,17.0612,16.8295,16.9019,
EXC,2004-09-09,16.9067,17.0748,16.892,17.0748,
EXC,2004-09-10,17.1637,17.1637,17.0035,17.0806,
EXC,2004-09-13,17.1783,17.1783,16.68,16.6899,
EXC,2004-09-14,16.7484,16.8002,16.6253,16.6606,
EXC,2004-09-15,16.4983,16.6439,16.4983,16.6439,
EXC,2004-09-16,16.5393,16.8208,16.5091,16.7837,
EXC,2004-09-17,16.7837,17.0503,16.7837,16.8588,
EXC,2004-09-20,16.7875,16.8148,16.68,16.6899,
EXC,2004-09-21,16.7484,16.8031,16.6516,16.6516,
EXC,2004-09-22,16.4309,16.5511,16.425,16.5393,
EXC,2004-09-23,16.5091,16.5658,16.3625,16.4632,
EXC,2004-09-24,16.4544,16.5862,16.3127,16.5315,
EXC,2004-09-27,16.5315,16.5598,16.3898,16.5022,
EXC,2004-09-28,16.5091,16.6752,16.4759,16.6352,
EXC,2004-09-29,16.9654,16.9654,16.4983,16.5706,
EXC,2004-09-30,16.6352,16.6849,16.4759,16.6292,
EXC,2004-10-01,16.6566,16.9107,16.6489,16.9067,
EXC,2004-10-04,16.9204,16.9838,16.7924,16.8452,
EXC,2004-10-05,16.8695,17.0201,16.8667,16.8969,
EXC,2004-10-06,16.9595,17.2233,16.9507,17.2233,
EXC,2004-10-07,17.2233,17.2516,17.1139,17.1724,
EXC,2004-10-08,17.2017,17.2144,17.0612,17.151,
EXC,2004-10-11,17.151,17.2144,17.0963,17.1333,
EXC,2004-10-12,16.9507,17.1637,16.9468,17.151,
EXC,2004-10-13,17.2017,17.2017,16.9107,17.0318,
EXC,2004-10-14,16.9721,17.0396,16.8969,17.0073,
EXC,2004-10-15,17.109,17.2233,17.0318,17.1724,
EXC,2004-10-18,17.1423,17.2106,16.9781,17.1012,
EXC,2004-10-19,17.1333,17.2204,17.0201,17.0748,
EXC,2004-10-20,17.1568,17.2604,17.0073,17.2516,
EXC,2004-10-21,17.4949,17.5857,17.2233,17.2321,
EXC,2004-10-22,17.3474,17.6454,17.151,17.5301,
EXC,2004-10-25,17.6747,17.8632,17.6591,17.8358,
EXC,2004-10-26,17.9032,18.0879,17.7821,18.043,
EXC,2004-10-27,18.0166,18.0625,17.7245,17.8114,
EXC,2004-10-28,17.9258,17.9306,17.5301,17.8759,
EXC,2004-10-29,18.1094,18.1759,17.748,17.9579,
EXC,2004-11-01,18.1309,18.4055,18.1094,18.2062,
EXC,2004-11-02,18.2755,18.2755,17.6806,17.7011,"U.S. stocks end mixed in late-day sell-off on poll talk NEW YORK (CBS.MW) -- U.S. stocks staged a late-day sell-off Tuesday, with blue chips snapping a five-session winning streak to end lower and the Nasdaq paring gains amid reports that Sen. John Kerry is putting in a strong early showing at the polls."
EXC,2004-11-03,18.1309,18.3391,17.9032,18.1974,"Bush re-election to boost traditional energy sectors WASHINGTON (CBS.MW) -- Energy companies are breathing a sigh of relief Wednesday, confident that a second Bush administration is unlikely to hamper access to untapped domestic oil and gas resources, industry analysts said."
EXC,2004-11-04,18.3342,18.5853,18.2404,18.5686,
EXC,2004-11-05,18.5686,18.5686,18.2854,18.4104,
EXC,2004-11-08,18.4661,18.7104,18.4241,18.6741,
EXC,2004-11-09,18.7181,18.7944,18.6595,18.7572,
EXC,2004-11-10,18.7572,18.8432,18.3929,18.6273,
EXC,2004-11-11,18.7415,18.9829,18.5599,18.9272,
EXC,2004-11-12,19.0083,19.2272,18.8383,19.2272,
EXC,2004-11-15,19.2536,19.2594,18.8296,18.8501,
EXC,2004-11-16,18.8559,18.9556,18.7611,18.8207,
EXC,2004-11-17,18.9322,19.1656,18.5413,18.6313,
EXC,2004-11-18,18.7064,18.9556,18.6741,18.8871,
EXC,2004-11-19,18.9692,19.106,18.7699,19.069,
EXC,2004-11-22,18.8109,19.1138,18.8002,19.069,
EXC,2004-11-23,19.0737,19.4186,19.0416,19.3268,
EXC,2004-11-24,19.3992,19.49,19.1411,19.2272,
EXC,2004-11-26,19.1813,19.4578,19.1813,19.2086,
EXC,2004-11-29,19.2292,19.3268,18.9996,19.2536,
EXC,2004-11-30,19.2272,19.2702,18.9018,18.9077,
EXC,2004-12-01,18.9126,18.9917,18.6029,18.9692,
EXC,2004-12-02,18.9692,19.0034,18.6166,18.7181,
EXC,2004-12-03,18.7514,19.1011,18.7514,19.06,
EXC,2004-12-06,19.06,19.2438,18.9917,19.2438,
EXC,2004-12-07,19.3034,19.3171,18.8207,18.8383,
EXC,2004-12-08,18.9692,18.9692,18.6224,18.683,
EXC,2004-12-09,18.5491,18.8207,18.5159,18.7915,
EXC,2004-12-10,18.9018,19.2292,18.6067,19.0279,
EXC,2004-12-13,19.1715,19.4706,19.1011,19.4402,
EXC,2004-12-14,19.49,19.6258,19.3777,19.5281,
EXC,2004-12-15,19.49,19.6717,19.3171,19.6639,
EXC,2004-12-16,19.7157,19.7538,19.3083,19.3083,
EXC,2004-12-17,19.2741,19.5037,18.6467,18.9742,
EXC,2004-12-20,19.7391,20.1202,19.3552,19.5124,"U.S. stocks end mixed; blue chips gain, as Nasdaq dips NEW YORK (CBS.MW) -- Blue chips clung to small gains, but the Nasdaq slumped Monday as investors questioned whether markets might already have seen the traditional year-end rally."
EXC,2004-12-21,19.5174,19.7294,19.404,19.7244,
EXC,2004-12-22,19.7244,19.9346,19.5818,19.9209,
EXC,2004-12-23,19.9209,20.0274,19.7861,20.0117,
EXC,2004-12-27,20.2472,20.2472,19.9844,20.0333,
EXC,2004-12-28,19.9248,20.1544,19.9209,20.1544,
EXC,2004-12-29,20.1544,20.3527,20.0675,20.2589,
EXC,2004-12-30,20.1368,20.3186,20.0968,20.1202,
EXC,2004-12-31,20.126,20.1945,19.9658,19.9757,M&A activity passes $1.9 trillion mark for 2004 SAN FRANCISCO (CBS.MW) -- Investment bankers will no doubt toast a very happy new year as they close the books on what has been the busiest year for mergers and acquisitions since 2000.
EXC,2005-01-03,20.0792,20.084,19.5867,19.5946,
EXC,2005-01-04,19.6717,19.7206,19.449,19.4616,
EXC,2005-01-05,19.4803,19.5652,19.1548,19.1715,
EXC,2005-01-06,19.0864,19.2594,18.9322,19.2438,
EXC,2005-01-07,19.2185,19.3777,19.0386,19.0503,
EXC,2005-01-10,19.06,19.3171,19.0445,19.2232,
EXC,2005-01-11,19.2379,19.2594,18.9742,19.1177,
EXC,2005-01-12,19.2379,19.2995,19.0386,19.2438,
EXC,2005-01-13,19.2653,19.5946,19.2185,19.4578,
EXC,2005-01-14,19.3552,19.6004,19.2653,19.5037,
EXC,2005-01-18,19.4666,19.7588,19.3552,19.658,
EXC,2005-01-19,19.658,19.7714,19.5037,19.5564,
EXC,2005-01-20,19.5564,19.577,19.2868,19.3229,"M&A activity among top stocks in Fidelity Select funds HOUSTON (AlphaProfit) -- With corporate coffers awash with cash, merger and acquisition activity is on the rise. December alone saw four mega deals in the software, medical equipment, electric utility, and wireless industry groups."
EXC,2005-01-21,19.3229,19.4353,19.1314,19.1921,
EXC,2005-01-24,19.1921,19.5652,19.1548,19.4236,
EXC,2005-01-25,19.4803,19.5564,19.2741,19.2741,"Stocks to Watch Tuesday: BLS DD SGP SAN FRANCISCO (MarketWatch) -- Among the stocks likely seeing active trading in Tuesday's regular session are BellSouth Corp., DuPont, and Schering-Plough Corp."
EXC,2005-01-26,19.2956,19.8192,19.2956,19.7636,
EXC,2005-01-27,19.703,20.0244,19.6298,19.8349,
EXC,2005-01-28,19.7714,20.0244,19.6111,19.9883,
EXC,2005-01-31,19.9883,20.1544,19.9073,20.0568,
EXC,2005-02-01,20.126,20.5227,20.0792,20.51,
EXC,2005-02-02,20.4524,20.5178,20.2521,20.426,
EXC,2005-02-03,20.3527,20.5335,20.1778,20.5335,
EXC,2005-02-04,20.6019,20.7533,20.554,20.7367,
EXC,2005-02-07,20.6498,20.8647,20.6498,20.8041,
EXC,2005-02-08,20.6918,20.8686,20.6645,20.7778,
EXC,2005-02-09,20.85,20.9409,20.7582,20.808,
EXC,2005-02-10,20.812,20.85,20.6605,20.7142,
EXC,2005-02-11,20.5296,20.6869,20.3527,20.515,
EXC,2005-02-14,20.554,20.6948,20.4475,20.5599,
EXC,2005-02-15,20.4876,20.5335,20.2746,20.3556,
EXC,2005-02-16,20.3527,20.5921,20.2843,20.5824,
EXC,2005-02-17,20.5599,20.5735,20.3606,20.3693,
EXC,2005-02-18,20.3527,20.3693,19.9658,20.1437,
EXC,2005-02-22,19.9433,19.9804,19.6336,19.7128,
EXC,2005-02-23,19.7655,20.0568,19.7655,19.8936,
EXC,2005-02-24,19.8974,20.1828,19.8974,20.1368,
EXC,2005-02-25,20.131,20.6692,20.0157,20.6224,
EXC,2005-02-28,20.6224,20.8364,20.4944,20.5599,
EXC,2005-03-01,20.6448,20.8413,20.3527,20.4133,
EXC,2005-03-02,20.4133,20.7269,20.3244,20.6448,
EXC,2005-03-03,20.6498,20.6742,20.4182,20.6283,
EXC,2005-03-04,20.8041,21.236,20.7582,21.1217,
EXC,2005-03-07,21.1822,21.3152,21.1217,21.236,
EXC,2005-03-08,21.236,21.236,20.9174,21.067,
EXC,2005-03-09,20.85,20.8774,20.6605,20.7416,
EXC,2005-03-10,20.7416,21.2066,20.6068,21.1041,
EXC,2005-03-11,21.1041,21.2145,20.8745,20.8999,
EXC,2005-03-14,20.8999,21.1529,20.8217,21.1529,
EXC,2005-03-15,21.1862,21.3836,20.9927,20.9927,
EXC,2005-03-16,21.024,21.1432,20.5296,20.6547,
EXC,2005-03-17,20.6692,20.9595,20.6448,20.7103,
EXC,2005-03-18,20.6918,20.7836,20.5374,20.7142,
EXC,2005-03-21,20.7319,20.7631,20.554,20.6605,
EXC,2005-03-22,20.6605,20.6995,20.0792,20.1368,
EXC,2005-03-23,20.1368,20.1368,19.8017,19.916,
EXC,2005-03-24,19.9658,20.2989,19.9433,20.2892,
EXC,2005-03-28,20.2932,20.6019,20.2315,20.5178,
EXC,2005-03-29,20.4524,20.5735,20.1407,20.1778,
EXC,2005-03-30,20.2355,20.6283,20.2355,20.4524,
EXC,2005-03-31,20.5921,20.9301,20.5774,20.8003,
EXC,2005-04-01,20.985,21.0279,20.4612,20.8041,
EXC,2005-04-04,20.8315,20.8413,20.5374,20.6498,
EXC,2005-04-05,20.6391,20.8168,20.6185,20.7631,
EXC,2005-04-06,20.8217,20.8217,20.551,20.6448,
EXC,2005-04-07,20.6829,20.895,20.597,20.8745,
EXC,2005-04-08,20.85,20.9223,20.5774,20.5774,
EXC,2005-04-11,20.5824,21.0454,20.5824,21.0191,
EXC,2005-04-12,20.985,21.5076,20.8647,21.4841,
EXC,2005-04-13,21.4314,21.5985,21.2253,21.3542,
EXC,2005-04-14,21.3591,21.4667,20.85,21.2497,
EXC,2005-04-15,21.2536,21.3074,20.6224,20.7465,
EXC,2005-04-18,20.7465,20.985,20.6068,20.9263,
EXC,2005-04-19,20.9263,21.3074,20.9086,21.2809,
EXC,2005-04-20,21.2116,21.32,21.0835,21.1392,
EXC,2005-04-21,21.3406,21.3591,21.1529,21.2116,
EXC,2005-04-22,21.2066,21.4841,21.0797,21.2809,
EXC,2005-04-25,21.3923,21.5565,21.3493,21.5311,
EXC,2005-04-26,21.4393,21.4393,21.1345,21.3024,
EXC,2005-04-27,21.236,21.701,21.1099,21.6141,
EXC,2005-04-28,21.6189,22.2022,21.5702,21.9658,
EXC,2005-04-29,21.961,22.4602,21.8954,22.4378,
EXC,2005-05-02,22.4378,22.5276,22.3313,22.4719,
EXC,2005-05-03,22.4719,22.4719,22.0968,22.1974,
EXC,2005-05-04,22.2102,22.4172,22.0596,22.3869,
EXC,2005-05-05,22.3469,22.4318,22.1124,22.1974,
EXC,2005-05-06,21.9277,22.2149,21.7646,22.0821,
EXC,2005-05-09,22.0519,22.0724,21.7215,21.9785,
EXC,2005-05-10,21.7646,22.1974,21.7646,21.961,
EXC,2005-05-11,21.7753,21.7792,21.446,21.6659,
EXC,2005-05-12,21.4393,21.6297,21.2809,21.3024,
EXC,2005-05-13,21.3024,21.3102,20.0079,20.51,
EXC,2005-05-16,20.5774,20.5774,20.2746,20.4182,
EXC,2005-05-17,20.426,20.5774,20.2658,20.4876,
EXC,2005-05-18,20.3967,20.8999,20.3967,20.8217,
EXC,2005-05-19,20.9174,21.1686,20.8999,21.1099,
EXC,2005-05-20,21.2585,21.3464,21.0768,21.236,
EXC,2005-05-23,21.3493,21.3757,21.1939,21.2145,
EXC,2005-05-24,21.1735,21.2536,21.0534,21.1637,
EXC,2005-05-25,21.1637,21.2311,21.0494,21.1529,
EXC,2005-05-26,21.0093,21.2985,21.0093,21.2193,
EXC,2005-05-27,21.1901,21.3298,21.1305,21.2731,
EXC,2005-05-31,21.1686,21.3249,21.1099,21.236,
EXC,2005-06-01,21.3249,21.832,21.2623,21.829,
EXC,2005-06-02,21.829,21.9698,21.7832,21.832,
EXC,2005-06-03,21.832,21.9952,21.6815,21.9658,
EXC,2005-06-06,21.9384,21.9825,21.7255,21.8106,
EXC,2005-06-07,21.9228,22.295,21.9131,22.0147,
EXC,2005-06-08,22.1212,22.1622,21.9004,21.9825,
EXC,2005-06-09,21.9952,22.0284,21.7548,21.8417,
EXC,2005-06-10,21.9327,22.3087,21.9091,22.2102,
EXC,2005-06-13,22.2102,22.2365,21.8564,21.9483,
EXC,2005-06-14,21.9952,22.0909,21.8897,21.9327,
EXC,2005-06-15,21.8917,22.0049,21.4714,22.0,
EXC,2005-06-16,21.8917,21.9327,21.5945,21.6708,
EXC,2005-06-17,21.961,22.0909,21.7128,22.0636,
EXC,2005-06-20,21.961,22.1818,21.8036,22.1427,
EXC,2005-06-21,22.1427,22.3469,22.1427,22.1876,
EXC,2005-06-22,22.3684,22.9429,22.2413,22.8002,
EXC,2005-06-23,22.8569,23.2057,22.8208,22.9928,
EXC,2005-06-24,22.9966,23.107,22.9087,22.9761,
EXC,2005-06-27,23.0171,23.0963,22.8989,23.0015,
EXC,2005-06-28,23.0318,23.2926,23.0318,23.2751,
EXC,2005-06-29,23.3337,23.3425,22.8481,22.9429,
EXC,2005-06-30,23.0015,23.573,22.9928,23.2653,
EXC,2005-07-01,23.3571,23.4548,23.2341,23.4461,
EXC,2005-07-05,23.3523,23.5682,23.28,23.4548,
EXC,2005-07-06,23.4509,23.5593,22.8002,22.8081,
EXC,2005-07-07,22.5725,23.1305,22.4797,23.1169,
EXC,2005-07-08,23.0786,23.4031,22.9351,23.3934,"Utilities seen extending gains as M&A heats up WASHINGTON (MarketWatch) -- After chalking up solid gains over the past two years, the utilities sector is showing no signs of retreat in the second half of 2005, with high fuel prices and more merger, dividend and stock-buyback announcements seen ahead."
EXC,2005-07-11,23.5858,23.7977,23.4148,23.6385,
EXC,2005-07-12,23.832,24.0685,23.747,23.9951,
EXC,2005-07-13,23.9991,24.2901,23.9082,24.257,
EXC,2005-07-14,24.2804,24.5296,23.6542,23.8174,
EXC,2005-07-15,23.8661,24.0235,23.6014,23.6834,
EXC,2005-07-18,23.7157,23.793,23.5506,23.5564,
EXC,2005-07-19,23.659,23.8995,23.5339,23.8769,
EXC,2005-07-20,23.832,24.0635,23.5379,24.0352,
EXC,2005-07-21,24.0352,24.0352,23.2966,23.4148,
EXC,2005-07-22,23.5339,23.6834,23.3425,23.5096,
EXC,2005-07-25,23.6248,23.9913,23.6014,23.6952,
EXC,2005-07-26,23.6952,23.8769,23.5926,23.7011,
EXC,2005-07-27,23.793,23.8701,23.5066,23.7421,
EXC,2005-07-28,23.8271,24.3185,23.7977,24.3146,
EXC,2005-07-29,24.3146,24.511,24.1837,24.257,
EXC,2005-08-01,24.2521,24.257,23.6834,23.7773,
EXC,2005-08-02,23.8868,24.4026,23.8818,24.3996,
EXC,2005-08-03,24.3996,24.8754,24.2991,24.6253,
EXC,2005-08-04,24.5746,24.6019,24.3538,24.4612,
EXC,2005-08-05,24.3185,24.3215,23.4548,23.6952,
EXC,2005-08-08,23.8174,23.9649,23.1764,23.1803,
EXC,2005-08-09,23.3073,23.5564,23.2487,23.3981,
EXC,2005-08-10,23.6014,24.0489,23.2653,23.3425,
EXC,2005-08-11,23.1607,23.616,23.0943,23.4705,
EXC,2005-08-12,23.4705,23.5653,23.3073,23.3474,
EXC,2005-08-15,23.28,23.4842,23.1549,23.4363,
EXC,2005-08-16,23.4363,23.5564,23.0211,23.0269,
EXC,2005-08-17,23.107,23.2154,22.8002,23.0582,
EXC,2005-08-18,22.9801,23.1363,22.9174,23.0649,
EXC,2005-08-19,23.0622,23.4148,23.0622,23.4118,
EXC,2005-08-22,23.5135,23.6834,23.4802,23.6063,
EXC,2005-08-23,23.5593,23.8094,23.5476,23.7597,
EXC,2005-08-24,23.7636,24.087,23.5018,23.5379,
EXC,2005-08-25,23.75,23.8174,23.5789,23.7255,
EXC,2005-08-26,23.7773,23.9052,23.659,23.7059,
EXC,2005-08-29,23.5682,23.9649,23.5135,23.9228,
EXC,2005-08-30,23.9278,24.0146,23.6434,23.9415,
EXC,2005-08-31,23.9415,24.4397,23.8868,24.4261,
EXC,2005-09-01,24.4261,24.6751,23.6337,24.4543,"Corporations kick in millions to offer Katrina relief LOS ANGELES (MarketWatch) - The focus on socially responsible businesses may take a new turn in the aftermath of Hurricane Katrina as major corporations scramble to offer aid and support, from water to free Internet and telephone services."
EXC,2005-09-02,24.511,24.6126,24.3957,24.4671,
EXC,2005-09-06,24.5208,25.2145,24.3098,25.2106,
EXC,2005-09-07,25.2106,25.2106,24.9048,25.0113,"In focus: S&P 500 breaks out BOULDER, Colo. (MarketWatch) -- Our mission is to provide the most practical information for option traders and your questions and feedback allows us to provide relevant information a trader can use. During each issue, we will highlight subscriber questions that most likely represent the masses. Feedback is strongly encouraged. Send your e-mails to dnassar@marketwatch.com"
EXC,2005-09-08,25.11,25.1334,24.8804,24.9096,
EXC,2005-09-09,24.9048,25.2614,24.8706,25.2272,
EXC,2005-09-12,25.2272,25.446,25.1637,25.3932,
EXC,2005-09-13,25.4724,25.5223,25.0513,25.0513,
EXC,2005-09-14,25.066,25.1549,24.8921,24.9302,
EXC,2005-09-15,25.02,25.3835,25.0113,25.3748,
EXC,2005-09-16,25.5183,25.8291,25.3103,25.8008,
EXC,2005-09-19,26.0157,26.0459,25.5809,25.7089,Investing After Katrina -- Part II
EXC,2005-09-20,25.8202,25.9922,25.577,25.5858,
EXC,2005-09-21,25.6229,25.7451,23.62,24.4768,
EXC,2005-09-22,24.4065,24.4124,23.9307,24.0391,
EXC,2005-09-23,24.2434,24.3352,23.8995,24.2043,
EXC,2005-09-26,24.2481,24.8921,24.2481,24.594,
EXC,2005-09-27,24.638,24.7661,24.3488,24.4768,
EXC,2005-09-28,24.8853,25.1549,24.2481,24.382,
EXC,2005-09-29,24.3615,24.8569,24.1349,24.5169,
EXC,2005-09-30,24.5208,24.6751,24.2091,24.2247,
EXC,2005-10-03,24.4309,24.4935,23.9697,24.2384,
EXC,2005-10-04,24.2991,24.4124,23.9697,23.9991,
EXC,2005-10-05,23.9599,24.0098,23.3298,23.3337,
EXC,2005-10-06,23.364,23.6464,22.9721,23.3884,
EXC,2005-10-07,23.3884,23.7597,23.2154,23.5789,
EXC,2005-10-10,23.5135,23.5183,22.9351,23.0622,
EXC,2005-10-11,22.8002,23.0649,22.4797,22.6449,
EXC,2005-10-12,22.6498,22.8256,21.87,21.9825,
EXC,2005-10-13,21.7548,21.87,21.1305,21.3406,
EXC,2005-10-14,21.574,22.0821,21.3757,22.0519,
EXC,2005-10-17,22.4378,22.9674,22.2266,22.9674,
EXC,2005-10-18,22.8676,22.8715,22.427,22.6185,
EXC,2005-10-19,22.5725,22.9174,22.3361,22.8256,
EXC,2005-10-20,22.6625,22.8843,22.341,22.5228,
EXC,2005-10-21,22.6625,23.1803,22.6185,23.0895,
EXC,2005-10-24,23.0895,23.9726,23.0689,23.9131,
EXC,2005-10-25,23.8515,24.3577,23.6464,23.9552,
EXC,2005-10-26,23.616,23.8221,23.364,23.3884,
EXC,2005-10-27,23.4118,23.5183,23.0895,23.2487,
EXC,2005-10-28,23.3425,23.7636,23.2565,23.7597,
EXC,2005-10-31,23.7636,23.8174,23.4969,23.5809,
EXC,2005-11-01,23.4245,23.5066,23.189,23.2614,
EXC,2005-11-02,23.1169,23.4705,22.8354,23.4411,
EXC,2005-11-03,23.5232,23.9502,23.4509,23.7636,
EXC,2005-11-04,23.7636,23.8868,23.5018,23.6952,
EXC,2005-11-07,23.6952,23.8457,23.3601,23.4802,
EXC,2005-11-08,23.2751,23.6464,23.195,23.3337,
EXC,2005-11-09,23.32,23.6248,23.2536,23.4802,
EXC,2005-11-10,23.3571,23.4148,22.7133,23.1461,
EXC,2005-11-11,23.1363,23.1607,22.6849,22.853,
EXC,2005-11-14,22.6849,22.8081,22.6225,22.6723,
EXC,2005-11-15,22.6536,23.0015,22.5541,22.8989,
EXC,2005-11-16,22.9575,23.3103,22.8989,23.0582,
EXC,2005-11-17,23.1842,23.7108,23.1266,23.5789,
EXC,2005-11-18,23.7977,23.8515,22.8208,23.3103,
EXC,2005-11-21,23.3787,23.5379,23.2106,23.3571,
EXC,2005-11-22,23.3689,23.4334,23.0748,23.3025,
EXC,2005-11-23,23.3601,23.6952,23.2536,23.5476,
EXC,2005-11-25,23.6385,23.7284,23.5339,23.7255,
EXC,2005-11-28,23.6679,23.7284,23.2438,23.62,
EXC,2005-11-29,23.7636,24.0909,23.6952,23.747,
EXC,2005-11-30,23.7255,23.7685,23.4548,23.5858,
EXC,2005-12-01,23.7011,23.9913,23.5789,23.8515,
EXC,2005-12-02,23.8515,23.9082,23.6629,23.747,
EXC,2005-12-05,23.75,24.215,23.5682,24.2003,
EXC,2005-12-06,24.1633,24.4573,24.0597,24.2247,
EXC,2005-12-07,24.2854,24.5032,23.9307,24.0685,
EXC,2005-12-08,24.1251,24.5746,24.044,24.4895,
EXC,2005-12-09,24.4895,24.7475,24.3957,24.634,
EXC,2005-12-12,24.7377,24.8569,24.2277,24.2951,
EXC,2005-12-13,24.3391,24.7377,24.3185,24.7289,
EXC,2005-12-14,24.7289,24.8804,24.4895,24.7289,
EXC,2005-12-15,24.808,25.2517,24.7982,24.9302,
EXC,2005-12-16,24.9927,25.3835,24.7025,24.7435,
EXC,2005-12-19,24.681,24.7524,24.2384,24.2727,
EXC,2005-12-20,24.1808,24.5696,24.1593,24.5257,
EXC,2005-12-21,24.8149,24.8676,24.2043,24.215,
EXC,2005-12-22,24.3254,24.5746,24.2277,24.5746,
EXC,2005-12-23,24.6713,24.8569,24.6019,24.8119,
EXC,2005-12-27,24.7661,24.7758,24.2951,24.4543,
EXC,2005-12-28,24.4543,24.5696,24.3352,24.4983,
EXC,2005-12-29,24.4847,24.6517,24.172,24.1759,
EXC,2005-12-30,24.1466,24.1759,23.9415,24.087,
EXC,2006-01-03,24.3098,24.7885,23.9951,24.7563,
EXC,2006-01-04,24.8676,24.8676,24.3038,24.7563,"Merrill Lynch sees more upside for utilities sector SAN FRANCISCO (MarketWatch) - Merrill Lynch, sizing up the 2006 equities market, said on Wednesday the once-sleepy utilities sector looks poised to outpace the broad market for a third consecutive year."
EXC,2006-01-05,24.7661,24.8676,24.5648,24.6517,
EXC,2006-01-06,24.7661,25.1431,24.638,25.1431,
EXC,2006-01-09,25.0728,25.1334,24.8247,25.0777,
EXC,2006-01-10,25.3464,25.3464,24.643,24.9048,
EXC,2006-01-11,24.7934,24.9438,24.6253,24.7758,
EXC,2006-01-12,24.7758,24.8706,24.6176,24.7807,
EXC,2006-01-13,24.9478,25.4861,24.9048,25.3464,
EXC,2006-01-17,25.1334,25.8446,25.1021,25.8252,
EXC,2006-01-18,25.8252,26.2315,25.7714,26.0968,
EXC,2006-01-19,26.0723,26.2023,25.9336,26.1974,
EXC,2006-01-20,26.2355,26.5482,26.0459,26.2853,
EXC,2006-01-23,26.3811,26.596,26.2745,26.5383,
EXC,2006-01-24,26.4709,26.683,26.1554,26.6801,
EXC,2006-01-25,26.3556,27.149,26.174,26.2161,
EXC,2006-01-26,26.4709,26.4896,25.7958,25.958,
EXC,2006-01-27,25.963,26.6381,25.9385,26.1114,
EXC,2006-01-30,25.9483,26.0489,25.5984,25.7089,
EXC,2006-01-31,25.6532,26.1504,25.5907,26.0244,
EXC,2006-02-01,25.791,26.0352,25.6229,25.9336,
EXC,2006-02-02,25.9532,26.0313,25.3054,25.4509,
EXC,2006-02-03,25.4509,25.5652,24.9732,25.3688,
EXC,2006-02-06,25.2028,25.5417,25.2028,25.4031,
EXC,2006-02-07,25.2702,25.3229,24.9478,25.1148,
EXC,2006-02-08,25.0513,25.0973,24.7435,24.8334,
EXC,2006-02-09,24.7885,25.3796,24.7025,25.1598,
EXC,2006-02-10,25.3376,25.8105,25.2067,25.5858,
EXC,2006-02-13,25.4265,25.5223,25.1784,25.1969,
EXC,2006-02-14,25.1549,25.4206,24.6664,25.3875,
EXC,2006-02-15,25.3376,25.6874,25.151,25.3932,
EXC,2006-02-16,25.3405,25.3972,24.979,25.1481,
EXC,2006-02-17,25.0426,25.363,24.9438,25.3601,
EXC,2006-02-21,25.3688,25.7802,25.3054,25.6777,
EXC,2006-02-22,25.9023,25.9747,25.7362,25.8819,
EXC,2006-02-23,25.8819,26.1153,25.6991,25.9385,
EXC,2006-02-24,25.918,26.001,25.8155,25.8847,
EXC,2006-02-27,25.9864,26.4427,25.958,26.3186,
EXC,2006-02-28,26.2434,26.2472,25.6229,25.8847,
EXC,2006-03-01,25.8155,25.8252,25.446,25.5858,
EXC,2006-03-02,25.3601,25.6874,25.1481,25.62,
EXC,2006-03-03,25.62,26.0244,25.4998,25.8446,
EXC,2006-03-06,25.7314,25.7958,24.8462,24.9527,
EXC,2006-03-07,24.9527,24.9527,24.6253,24.8881,
EXC,2006-03-08,24.9527,25.151,24.3439,24.9839,
EXC,2006-03-09,25.0083,25.1431,24.7241,24.7845,
EXC,2006-03-10,24.8374,25.3601,24.7885,25.1481,
EXC,2006-03-13,25.151,25.2106,24.9927,25.1187,
EXC,2006-03-14,25.1549,25.5417,25.0386,25.4724,
EXC,2006-03-15,25.4509,25.4861,25.1384,25.4177,
EXC,2006-03-16,25.3835,25.7665,25.3835,25.5507,
EXC,2006-03-17,25.6317,25.6513,25.2917,25.3376,
EXC,2006-03-20,25.4031,25.5272,25.1021,25.1334,
EXC,2006-03-21,25.0553,25.1247,24.638,24.7621,
EXC,2006-03-22,24.2677,25.151,24.2677,25.0836,
EXC,2006-03-23,25.2223,25.2223,24.8804,24.9527,
EXC,2006-03-24,24.9048,25.1187,24.7885,24.8334,
EXC,2006-03-27,24.8462,24.8511,24.4543,24.4612,
EXC,2006-03-28,24.4612,24.6614,24.1593,24.3185,
EXC,2006-03-29,24.385,24.6176,24.2951,24.5539,
EXC,2006-03-30,24.385,24.4895,23.9278,24.1095,
EXC,2006-03-31,24.5072,24.5072,23.9307,23.9766,
EXC,2006-04-03,23.9766,24.3312,23.8515,23.9052,
EXC,2006-04-04,23.9307,24.2951,23.7977,24.2354,
EXC,2006-04-05,24.2354,24.6517,24.044,24.6019,
EXC,2006-04-06,24.6614,24.681,24.0313,24.1671,
EXC,2006-04-07,24.1593,24.2521,23.5232,23.5476,
EXC,2006-04-10,23.5096,23.832,23.5096,23.6542,"[""Raich: Don't overpay for Yahoo Nick Raich, director of equity research for the Private Client Group at National City Corp., tells Chuck Jaffe that investors need to be able to tell the difference between a great company, like Yahoo in his opinion, and a great stock or they will overpay for big names."", ""Don't overpay for popular stocks, analyst says BOSTON (MarketWatch) - Nick Raich, director of equity research for the Private Client Group at National City Corp., says investors need to be able to tell the difference between a great company and a great stock or they will overpay for big names.""]"
EXC,2006-04-11,23.7773,23.7977,23.2839,23.3601,
EXC,2006-04-12,23.3884,23.5018,23.1803,23.4608,
EXC,2006-04-13,23.4608,23.5682,23.1764,23.4461,
EXC,2006-04-17,23.32,23.4461,23.2565,23.4187,
EXC,2006-04-18,23.364,24.1299,23.3571,24.0909,
EXC,2006-04-19,24.0098,24.2354,23.9131,24.0822,
EXC,2006-04-20,24.0685,24.4671,24.0235,24.3215,
EXC,2006-04-21,24.4543,24.472,24.0822,24.22,
EXC,2006-04-24,24.0997,25.363,24.0196,25.2223,
EXC,2006-04-25,25.2223,25.2223,24.7475,24.8276,
EXC,2006-04-26,24.5902,24.681,24.0967,24.2091,
EXC,2006-04-27,24.215,24.769,23.9365,24.5502,
EXC,2006-04-28,24.5442,24.6253,24.2727,24.4768,
EXC,2006-05-01,24.4065,24.5902,24.2091,24.385,
EXC,2006-05-02,24.7025,24.9048,24.638,24.8853,
EXC,2006-05-03,24.9302,25.11,24.8247,25.066,
EXC,2006-05-04,25.066,25.4031,25.0328,25.3103,
EXC,2006-05-05,25.4724,25.7274,25.4509,25.6659,
EXC,2006-05-08,25.4724,25.5272,24.9634,25.2272,
EXC,2006-05-09,25.2272,25.2272,25.0249,25.11,
EXC,2006-05-10,25.11,25.2223,24.897,25.0728,
EXC,2006-05-11,25.066,25.066,24.6077,24.8276,
EXC,2006-05-12,24.7025,24.9145,24.4261,24.9145,
EXC,2006-05-15,24.9145,25.5457,24.9096,25.2614,Our Swag List Flies the Flag Our Greased Palm Index proves the profitability of political contributions.
EXC,2006-05-16,25.3748,25.4314,25.066,25.1637,
EXC,2006-05-17,24.9302,25.1334,24.5639,24.638,
EXC,2006-05-18,24.5902,25.0464,24.5502,24.897,
EXC,2006-05-19,24.9986,25.363,24.8511,25.0973,
EXC,2006-05-22,25.0426,25.3014,24.8853,25.0874,
EXC,2006-05-23,25.2702,25.3875,24.7661,24.7885,
EXC,2006-05-24,24.7241,24.8804,24.3391,24.8511,
EXC,2006-05-25,24.9048,24.9565,24.7241,24.8676,
EXC,2006-05-26,25.0426,25.4177,24.8618,25.4031,
EXC,2006-05-30,25.3141,25.3835,25.0035,25.0328,
EXC,2006-05-31,25.0279,25.7127,24.9634,25.6561,"Turning to American Classics Value investor James Barrow is taking profits in the energy sector, and turning his focus to names such as General Electric, Pfizer, and a few utility stocks."
EXC,2006-06-01,25.6561,26.2315,25.5652,26.2218,
EXC,2006-06-02,26.2892,26.4465,26.0684,26.4035,
EXC,2006-06-05,26.4035,26.4924,26.1153,26.131,
EXC,2006-06-06,26.131,26.3117,25.6385,25.9687,
EXC,2006-06-07,26.0157,26.3225,25.8105,25.8155,
EXC,2006-06-08,25.9023,26.2218,25.7548,25.8819,
EXC,2006-06-09,25.8632,26.3088,25.7665,26.2071,
EXC,2006-06-12,26.4465,26.6752,26.2805,26.5433,
EXC,2006-06-13,26.6301,26.6801,26.3029,26.428,
EXC,2006-06-14,26.2561,26.3753,25.6561,25.9433,
EXC,2006-06-15,26.0411,26.3753,25.8398,26.2805,
EXC,2006-06-16,26.2805,26.4671,26.0723,26.2355,
EXC,2006-06-19,26.2434,26.2892,25.6317,25.6972,
EXC,2006-06-20,25.6991,25.963,25.5086,25.8173,
EXC,2006-06-21,25.8173,25.9336,25.6092,25.7127,
EXC,2006-06-22,25.8155,25.8593,25.3268,25.7587,
EXC,2006-06-23,25.7587,26.0773,25.5984,25.8055,
EXC,2006-06-26,25.8398,25.9747,25.7314,25.8349,
EXC,2006-06-27,25.9219,26.126,25.5858,25.6317,
EXC,2006-06-28,25.6385,25.8155,25.4656,25.6161,
EXC,2006-06-29,25.7451,25.7489,25.2829,25.5809,
EXC,2006-06-30,25.2917,25.8398,25.278,25.7587,
EXC,2006-07-03,25.8349,26.2707,25.7802,26.2561,
EXC,2006-07-05,26.1974,26.3499,25.9483,26.085,
EXC,2006-07-06,26.0626,26.0968,25.7187,25.8291,
EXC,2006-07-07,25.8291,26.0244,25.7245,25.8202,
EXC,2006-07-10,25.9922,26.1847,25.8349,26.0773,
EXC,2006-07-11,26.2218,26.4035,26.1114,26.3499,
EXC,2006-07-12,26.3957,26.4973,26.131,26.1554,Good News From Rosy Scenario The federal deficit is shrinking and corporate pensions are in better shape. That's the good news. The bad news is it won't last.
EXC,2006-07-13,26.2434,26.4973,26.0968,26.1554,
EXC,2006-07-14,26.0938,26.3342,26.0244,26.1504,
EXC,2006-07-17,26.1847,26.4896,26.1554,26.3693,
EXC,2006-07-18,26.4709,26.4924,26.2658,26.3811,
EXC,2006-07-19,26.4924,26.7934,26.3957,26.5618,
EXC,2006-07-20,26.6518,26.8969,26.4709,26.6428,
EXC,2006-07-21,26.9917,27.0161,26.4798,26.6752,
EXC,2006-07-24,26.7436,27.0807,26.6175,26.9967,
EXC,2006-07-25,27.0845,27.149,26.851,27.0504,
EXC,2006-07-26,27.0611,27.1725,26.9214,27.0015,
EXC,2006-07-27,27.023,27.0444,26.3459,26.3693,
EXC,2006-07-28,26.3693,26.6801,26.3029,26.4465,
EXC,2006-07-31,26.5051,26.9468,26.131,26.2434,
EXC,2006-08-01,26.2434,26.7876,26.0538,26.7045,
EXC,2006-08-02,26.9917,26.9917,26.5482,26.6518,
EXC,2006-08-03,26.4709,26.809,26.385,26.5736,
EXC,2006-08-04,26.7348,27.1198,26.5931,26.6175,
EXC,2006-08-07,26.5383,26.7876,26.2932,26.298,
EXC,2006-08-08,26.2892,26.5736,26.2892,26.4104,
EXC,2006-08-09,26.6147,26.7436,26.3263,26.3899,
EXC,2006-08-10,26.3556,26.4709,26.2521,26.3693,
EXC,2006-08-11,26.2121,26.3263,26.1153,26.2472,
EXC,2006-08-14,26.4104,26.7679,26.4065,26.6948,
EXC,2006-08-15,26.9624,27.023,26.7436,26.9605,
EXC,2006-08-16,26.9605,27.0738,26.6948,26.7396,
EXC,2006-08-17,26.5618,26.7641,26.5188,26.6428,
EXC,2006-08-18,26.8462,27.2174,26.6468,27.1275,
EXC,2006-08-21,26.9917,27.4119,26.9419,27.1862,
EXC,2006-08-22,27.2643,27.6034,27.2223,27.5438,
EXC,2006-08-23,27.491,27.5985,27.3082,27.4959,
EXC,2006-08-24,27.6395,27.6395,27.2888,27.4275,
EXC,2006-08-25,27.3552,27.491,27.1236,27.149,
EXC,2006-08-28,27.1959,27.7108,27.109,27.5555,
EXC,2006-08-29,27.5134,27.6034,27.1275,27.3317,
EXC,2006-08-30,27.5134,27.5341,27.2136,27.2506,
EXC,2006-08-31,27.3552,27.7275,27.3552,27.6395,
EXC,2006-09-01,27.704,27.7304,27.3983,27.4431,
EXC,2006-09-05,27.3356,27.447,26.9516,27.027,
EXC,2006-09-06,27.027,27.1461,26.9009,26.9624,
EXC,2006-09-07,27.0054,27.0738,26.8872,26.9673,
EXC,2006-09-08,27.3679,27.3679,26.8276,26.9096,
EXC,2006-09-11,27.1959,27.1959,26.557,26.6712,
EXC,2006-09-12,26.7436,26.809,26.2805,26.3811,
EXC,2006-09-13,26.3811,26.4924,26.0811,26.4104,
EXC,2006-09-14,26.4465,26.596,26.1447,26.1847,
EXC,2006-09-15,26.9732,27.0308,26.6107,26.8373,"[""Adobe shares jump; PSEG falls after merger cancellation SAN FRANCISCO (MarketWatch) -- Software company Adobe Systems Inc.'s quarterly results came in higher than Wall Street's outlook, and traders sent its shares nearly 8% higher late Thursday."", ""Stocks expected to move Friday A look at companies whose shares are expected to see active trade in Friday's session."", ""U.S. stock futures rally as inflation moderates LONDON (MarketWatch) -- U.S. stock futures rose Friday as data showing that consumer inflation moderated while manufacturing activity in the New York region improved helped offset disappointment over Ford Motor's restructuring plan.""]"
EXC,2006-09-18,26.8373,26.9184,26.5188,26.6175,
EXC,2006-09-19,26.6468,26.8832,26.5618,26.8325,
EXC,2006-09-20,26.9214,27.0191,26.7826,26.9556,
EXC,2006-09-21,26.8687,26.982,26.6712,26.7826,
EXC,2006-09-22,26.6869,27.1461,26.6752,26.982,
EXC,2006-09-25,27.1725,27.6483,26.982,27.4704,
EXC,2006-09-26,27.4667,27.6933,27.3776,27.5809,
EXC,2006-09-27,27.5341,28.0919,27.5341,27.9629,
EXC,2006-09-28,27.9209,28.0205,27.5047,27.7852,
EXC,2006-09-29,27.8663,27.9346,27.3933,27.4431,
EXC,2006-10-02,27.4667,27.7852,27.3552,27.447,
EXC,2006-10-03,27.2409,27.4959,27.0807,27.449,
EXC,2006-10-04,27.449,27.662,27.3728,27.6483,
EXC,2006-10-05,27.6483,27.7108,27.4617,27.5134,
EXC,2006-10-06,27.5134,27.5134,27.2253,27.409,
EXC,2006-10-09,27.3415,27.5213,27.1529,27.3728,
EXC,2006-10-10,27.3983,27.7304,27.3239,27.5594,
EXC,2006-10-11,27.5594,27.6483,27.3552,27.449,
EXC,2006-10-12,27.5134,27.5213,27.1676,27.3836,
EXC,2006-10-13,27.4667,27.6395,27.1461,27.4861,
EXC,2006-10-16,27.447,27.5721,27.2888,27.4667,
EXC,2006-10-17,27.4812,27.7108,27.4667,27.6483,
EXC,2006-10-18,27.831,28.0157,27.7108,27.9464,
EXC,2006-10-19,27.875,28.1729,27.7792,28.1251,
EXC,2006-10-20,28.2833,28.2833,27.9942,28.2443,
EXC,2006-10-23,28.0567,28.4328,27.9942,28.3157,
EXC,2006-10-24,28.1485,28.3224,28.0157,28.2199,
EXC,2006-10-25,28.2199,28.8364,28.2199,28.5628,
EXC,2006-10-26,28.5296,28.7885,28.5296,28.765,
EXC,2006-10-27,28.5551,28.5628,27.9942,28.2833,Stocks expected to move Friday A look at companies whose shares are expected to see active trade in Friday's session.
EXC,2006-10-30,28.2883,28.3577,27.9541,28.1437,
EXC,2006-10-31,28.0567,28.1485,28.002,28.0919,
EXC,2006-11-01,28.1828,28.3,28.0332,28.2443,
EXC,2006-11-02,28.131,28.2112,27.9903,28.0537,
EXC,2006-11-03,28.0714,28.0968,27.6082,27.6259,
EXC,2006-11-06,27.6483,27.7685,27.4667,27.5047,
EXC,2006-11-07,27.3883,27.5134,26.9516,27.027,
EXC,2006-11-08,26.7876,27.192,26.6801,27.0161,
EXC,2006-11-09,26.9468,27.0845,26.8373,27.0397,
EXC,2006-11-10,27.0444,27.319,27.0191,27.2174,
EXC,2006-11-13,27.1002,27.1041,26.6888,26.6888,
EXC,2006-11-14,26.7436,26.9067,26.7436,26.8237,
EXC,2006-11-15,26.809,26.809,26.5873,26.6234,
EXC,2006-11-16,26.5618,26.6995,26.4973,26.514,
EXC,2006-11-17,26.514,26.5618,26.3556,26.557,
EXC,2006-11-20,26.4035,26.5482,26.2121,26.2434,
EXC,2006-11-21,26.4329,26.7436,26.4329,26.6147,
EXC,2006-11-22,26.6107,26.9067,26.5618,26.8637,"Market analyst sees double-digit gains for Dow in 2007 BOSTON (MarketWatch) -- Nick Raich, director of equity research for the Private Client Group at National City Corp., expects the U.S. stock market to provide ""high single- or low double-digit gains"" in 2007, and suggests that investors moderately overweight stocks."
EXC,2006-11-24,26.809,27.0561,26.7641,27.0357,
EXC,2006-11-27,27.0357,27.0561,26.7436,26.8872,
EXC,2006-11-28,26.8921,27.2253,26.7934,27.0904,
EXC,2006-11-29,27.0845,27.5134,27.0845,27.4567,
EXC,2006-11-30,27.3317,27.5926,27.1627,27.5251,
EXC,2006-12-01,27.6581,27.8964,27.5672,27.828,
EXC,2006-12-04,27.9629,28.2159,27.8935,28.0567,
EXC,2006-12-05,27.9971,28.3958,27.9111,28.3,
EXC,2006-12-06,28.3752,28.429,28.002,28.1251,
EXC,2006-12-07,28.2159,28.2443,27.8857,28.0332,
EXC,2006-12-08,27.9464,28.0205,27.7304,27.8516,
EXC,2006-12-11,27.8076,27.9971,27.7382,27.9942,
EXC,2006-12-12,27.9464,28.2296,27.8663,28.0762,
EXC,2006-12-13,28.1691,28.2512,27.9688,28.1525,
EXC,2006-12-14,28.1525,28.4739,28.0567,28.2941,
EXC,2006-12-15,28.3791,28.4739,28.2062,28.3752,
EXC,2006-12-18,28.3264,28.3264,27.8935,27.9903,
EXC,2006-12-19,27.875,28.131,27.831,28.0245,
EXC,2006-12-20,27.9209,28.0714,27.879,28.0284,
EXC,2006-12-21,28.0332,28.1485,27.875,27.9688,
EXC,2006-12-22,27.9072,28.0567,27.662,27.8427,
EXC,2006-12-26,27.833,28.0567,27.6532,28.0157,
EXC,2006-12-27,28.0968,28.2296,28.0205,28.1163,
EXC,2006-12-28,28.0332,28.2112,27.9629,27.9971,
EXC,2006-12-29,27.9629,28.131,27.9072,28.0537,
EXC,2007-01-03,28.0537,28.5501,27.9746,28.3,
EXC,2007-01-04,28.3,28.3654,27.9746,28.0499,
EXC,2007-01-05,27.9209,27.9394,27.2506,27.3728,
EXC,2007-01-08,27.3269,27.5496,27.2174,27.3025,
EXC,2007-01-09,27.6483,27.6483,27.1236,27.3025,
EXC,2007-01-10,27.6581,27.7333,27.2643,27.5438,
EXC,2007-01-11,27.5926,27.7108,27.3239,27.449,
EXC,2007-01-12,27.3601,27.5047,26.8139,27.0357,
EXC,2007-01-16,27.1725,27.2057,26.9967,27.0561,
EXC,2007-01-17,27.0161,27.2086,26.937,27.1275,
EXC,2007-01-18,27.5251,27.5251,26.9214,27.1725,
EXC,2007-01-19,27.192,27.3142,27.1148,27.3142,
EXC,2007-01-22,27.2409,27.3552,27.1373,27.1774,
EXC,2007-01-23,26.982,27.4226,26.8745,27.2975,
EXC,2007-01-24,27.0611,27.409,27.0161,27.2253,
EXC,2007-01-25,27.2692,27.3806,26.7641,26.7641,
EXC,2007-01-26,26.7202,26.9096,26.6234,26.8237,
EXC,2007-01-29,26.7562,26.9556,26.6752,26.9136,
EXC,2007-01-30,26.9214,27.109,26.8139,26.8832,
EXC,2007-01-31,26.8784,27.2614,26.7876,27.192,
EXC,2007-02-01,27.5809,27.7225,27.1627,27.662,
EXC,2007-02-02,27.5985,27.618,27.3552,27.5341,
EXC,2007-02-05,27.5887,28.1612,27.4119,28.1525,
EXC,2007-02-06,28.4328,28.7885,28.2394,28.7182,
EXC,2007-02-07,28.6185,28.7367,28.3791,28.6663,
EXC,2007-02-08,28.4787,28.853,28.4787,28.7847,
EXC,2007-02-09,28.8403,29.1334,28.77,29.0348,
EXC,2007-02-12,29.0348,29.0522,28.8364,28.8775,
EXC,2007-02-13,28.8051,28.8208,28.5668,28.7465,
EXC,2007-02-14,28.8403,29.0269,28.7807,28.9077,
EXC,2007-02-15,28.7016,28.8324,28.3958,28.4739,
EXC,2007-02-16,28.3831,28.7016,28.1828,28.6439,
EXC,2007-02-20,28.7504,28.9731,28.6703,28.8423,
EXC,2007-02-21,28.681,28.8471,28.5862,28.7847,
EXC,2007-02-22,28.7934,29.1627,28.7367,29.1139,
EXC,2007-02-23,29.4578,30.4534,29.368,30.3371,"Microsoft, Chrysler, Lowe's, Clear Channel in focus Top stories before the start of U.S. trading."
EXC,2007-02-26,30.641,32.7739,30.5062,31.4489,
EXC,2007-02-27,31.2272,31.3064,29.7109,29.9102,
EXC,2007-02-28,29.8965,30.3235,29.622,29.8838,
EXC,2007-03-01,29.6894,30.1192,28.9497,29.9219,
EXC,2007-03-02,29.6942,29.9248,29.1079,29.1079,
EXC,2007-03-05,29.0054,29.3854,28.8286,28.9127,
EXC,2007-03-06,29.0777,29.3854,28.9497,29.3747,
EXC,2007-03-07,29.368,29.6649,29.1891,29.2165,
EXC,2007-03-08,29.4177,29.5389,29.193,29.236,
EXC,2007-03-09,29.5066,29.6102,29.1441,29.2331,
EXC,2007-03-12,29.236,30.0264,29.2165,29.9669,
EXC,2007-03-13,29.9669,30.3283,29.3953,29.4382,
EXC,2007-03-14,29.4382,29.794,29.1441,29.6698,
EXC,2007-03-15,29.6698,30.0958,29.5194,30.0518,
EXC,2007-03-16,30.2043,30.255,29.7109,29.8154,
EXC,2007-03-19,30.0049,30.2511,29.8291,30.2384,
EXC,2007-03-20,30.1652,30.8394,30.0138,30.8394,
EXC,2007-03-21,30.7543,31.5253,30.6136,31.2937,
EXC,2007-03-22,31.0923,31.2477,30.1866,30.7034,
EXC,2007-03-23,30.4828,30.7885,30.3176,30.6947,
EXC,2007-03-26,30.5355,30.9263,30.342,30.8881,
EXC,2007-03-27,30.7601,31.021,30.5639,30.7397,
EXC,2007-03-28,30.7798,31.7089,30.685,31.3445,
EXC,2007-03-29,31.4343,31.6463,31.1598,31.3201,Nuclear services firm Energy Solutions files $500 mln IPO NEW YORK (MarketWatch) - EnergySolutions on Thursday filed to raise up to $500 million in an initial public offering as the handler of radioactive materials eyes the country's aging infrastructure of 103 nuclear power plants.
EXC,2007-03-30,31.3249,31.5008,30.1515,31.1432,
EXC,2007-04-02,31.2116,31.9688,31.1257,31.9092,
EXC,2007-04-03,32.1788,32.3596,32.0049,32.3254,
EXC,2007-04-04,32.4163,32.4163,32.0948,32.1974,
EXC,2007-04-05,32.1974,32.4993,32.1076,32.4993,
EXC,2007-04-09,32.4309,32.7924,32.426,32.6713,
EXC,2007-04-10,32.726,32.811,32.602,32.7436,
EXC,2007-04-11,32.7436,32.8569,32.5707,32.6713,
EXC,2007-04-12,32.7739,32.8061,32.1603,32.2434,
EXC,2007-04-13,32.6331,32.6331,31.8594,32.1457,
EXC,2007-04-16,32.5941,32.6654,32.1877,32.4582,An Above-Average Run Dividend hikes among blue-chip companies were especially plentiful last quarter.
EXC,2007-04-17,32.4485,33.0884,32.3303,33.0327,
EXC,2007-04-18,32.9917,33.3689,32.9332,33.3054,
EXC,2007-04-19,33.7695,33.7695,32.9039,32.938,
EXC,2007-04-20,33.3239,33.5408,32.2531,33.2136,
EXC,2007-04-23,33.3142,33.8672,33.3142,33.5711,
EXC,2007-04-24,33.6317,34.1466,33.3739,33.9903,
EXC,2007-04-25,33.9942,34.4466,33.9356,34.2843,
EXC,2007-04-26,34.3527,35.1314,34.3527,34.6527,
EXC,2007-04-27,34.4074,34.6928,34.2267,34.5491,
EXC,2007-04-30,34.7739,35.1286,34.1466,34.1788,
EXC,2007-05-01,34.346,34.6742,34.0861,34.4309,
EXC,2007-05-02,34.7964,35.0104,34.6615,34.938,
EXC,2007-05-03,34.9684,35.2419,34.515,34.8462,
EXC,2007-05-04,34.8511,35.0161,34.5551,34.6742,
EXC,2007-05-07,34.4613,35.5838,34.4613,35.5047,
EXC,2007-05-08,35.9795,35.9795,34.9771,35.0415,
EXC,2007-05-09,35.4197,35.4197,34.9801,35.15,
EXC,2007-05-10,35.0885,35.2859,34.5745,34.599,
EXC,2007-05-11,34.4925,34.8022,34.2893,34.6889,
EXC,2007-05-14,34.7817,34.9604,34.4974,34.6409,
EXC,2007-05-15,34.7553,35.278,34.7553,34.8765,
EXC,2007-05-16,35.236,35.278,34.811,35.2175,
EXC,2007-05-17,35.067,35.1042,34.5892,34.8648,
EXC,2007-05-18,34.9243,35.5985,34.8648,35.5584,
EXC,2007-05-21,35.8174,35.8174,35.1529,35.1529,
EXC,2007-05-22,35.3347,35.4608,34.9331,35.0641,
EXC,2007-05-23,35.1042,35.4441,34.7201,34.7592,
EXC,2007-05-24,34.6272,34.7631,33.4099,33.4294,
EXC,2007-05-25,33.6776,33.8125,32.8256,33.2019,
EXC,2007-05-29,33.5955,33.6991,33.0973,33.3806,
EXC,2007-05-30,33.2683,34.4974,33.2096,34.4613,
EXC,2007-05-31,34.5551,35.4324,34.0137,35.3553,
EXC,2007-06-01,35.3757,35.7079,34.4925,34.725,
EXC,2007-06-04,34.3967,34.6108,33.9991,34.2169,
EXC,2007-06-05,33.8281,34.2296,33.5261,33.6639,
EXC,2007-06-06,33.2868,33.4822,32.6527,32.9077,
EXC,2007-06-07,32.6821,32.9077,31.6063,31.6923,
EXC,2007-06-08,31.8457,32.2805,31.6141,32.0254,
EXC,2007-06-11,32.1827,32.9332,32.0909,32.7055,
EXC,2007-06-12,32.3137,32.558,31.9541,32.0206,
EXC,2007-06-13,32.3439,32.7025,32.1016,32.6821,
EXC,2007-06-14,32.853,33.4002,32.7055,32.9917,
EXC,2007-06-15,33.6493,34.0274,33.404,33.7588,
EXC,2007-06-18,33.7588,33.7695,33.1979,33.4577,
EXC,2007-06-19,33.2868,33.6639,33.1735,33.5057,
EXC,2007-06-20,33.6092,33.7842,32.2805,32.3303,
EXC,2007-06-21,32.2024,33.0074,32.1505,32.5901,
EXC,2007-06-22,32.4026,32.6566,31.7421,31.7421,
EXC,2007-06-25,31.8594,32.984,31.7881,32.3009,
EXC,2007-06-26,32.4632,32.8569,32.2707,32.2707,
EXC,2007-06-27,31.8183,32.853,31.8183,32.8168,
EXC,2007-06-28,32.8168,33.3639,32.5941,32.6821,
EXC,2007-06-29,32.726,33.4343,32.4485,32.9077,
EXC,2007-07-02,33.5408,34.6048,33.3513,34.599,
EXC,2007-07-03,34.8413,34.9567,34.2032,34.4974,
EXC,2007-07-05,34.8344,34.9331,34.0948,34.7046,
EXC,2007-07-06,34.6469,34.7153,33.9014,34.6322,
EXC,2007-07-09,34.6839,34.9604,34.3919,34.5598,
EXC,2007-07-10,34.2796,34.5424,33.7763,33.7889,
EXC,2007-07-11,33.879,34.1711,33.6639,33.9668,
EXC,2007-07-12,33.9766,34.7475,33.918,34.7475,
EXC,2007-07-13,34.7905,35.5252,34.5551,35.4275,
EXC,2007-07-16,35.2682,35.5222,34.7964,34.9194,
EXC,2007-07-17,35.0836,35.3553,34.9331,35.2008,
EXC,2007-07-18,34.893,35.7353,34.769,35.6347,
EXC,2007-07-19,35.9355,37.4372,35.7021,37.1911,
EXC,2007-07-20,36.3049,36.7993,35.7353,35.7577,
EXC,2007-07-23,35.5789,36.5872,35.5008,36.428,
EXC,2007-07-24,35.6572,36.2648,34.2796,34.4201,
EXC,2007-07-25,35.1236,35.5584,32.4798,33.7402,
EXC,2007-07-26,33.1422,33.2019,31.3249,32.1359,
EXC,2007-07-27,32.0,32.5804,31.5565,31.5565,
EXC,2007-07-30,31.6845,31.9541,30.7543,31.5106,
EXC,2007-07-31,33.4099,33.4099,31.7421,31.7958,
EXC,2007-08-01,31.9541,33.8536,31.9316,33.5848,
EXC,2007-08-02,32.8256,34.0899,32.8256,33.9356,
EXC,2007-08-03,33.7695,34.4466,32.0586,32.2238,
EXC,2007-08-06,32.4709,33.7695,31.7421,33.6639,
EXC,2007-08-07,33.3112,34.4847,33.0298,33.7949,
EXC,2007-08-08,34.3205,34.7416,33.9014,34.6272,
EXC,2007-08-09,34.1739,35.0641,33.4343,34.1066,
EXC,2007-08-10,33.5663,34.6469,32.8608,33.0191,
EXC,2007-08-13,33.1188,33.6904,32.6566,32.9957,
EXC,2007-08-14,33.2819,33.2819,32.0137,32.3039,
EXC,2007-08-15,31.6893,32.9469,31.1901,31.3308,
EXC,2007-08-16,31.1901,31.3201,29.3367,30.5355,
EXC,2007-08-17,30.641,32.6381,30.641,32.3254,
EXC,2007-08-20,32.5032,32.5863,31.4656,32.3596,
EXC,2007-08-21,32.0909,32.5863,32.0441,32.3723,
EXC,2007-08-22,32.514,32.9429,32.1827,32.9429,
EXC,2007-08-23,33.1148,33.3142,32.5941,32.8305,
EXC,2007-08-24,32.9106,33.2331,32.5032,33.151,
EXC,2007-08-27,33.0924,33.0924,31.6923,31.791,
EXC,2007-08-28,31.6659,31.9648,31.1686,31.3504,
EXC,2007-08-29,31.3504,32.4709,31.3504,32.2658,
EXC,2007-08-30,32.1076,32.1788,31.5106,31.7773,
EXC,2007-08-31,32.2462,32.4582,31.7617,32.0313,
EXC,2007-09-04,32.9077,33.4617,32.4798,33.32,
EXC,2007-09-05,33.0846,33.3425,32.7211,33.1061,
EXC,2007-09-06,33.0435,33.9092,32.7475,33.8339,
EXC,2007-09-07,34.5951,34.5951,33.0074,33.2057,
EXC,2007-09-10,33.492,33.8447,33.0191,33.2653,
EXC,2007-09-11,33.4246,34.1261,33.3366,33.9668,
EXC,2007-09-12,33.8036,34.1662,33.6942,33.879,
EXC,2007-09-13,34.043,34.7153,34.043,34.4505,
EXC,2007-09-14,34.2267,34.8374,34.0948,34.6615,
EXC,2007-09-17,34.6225,34.7416,33.6493,33.8907,
EXC,2007-09-18,33.9942,34.8061,33.9942,34.769,
EXC,2007-09-19,35.1002,35.9795,34.9801,35.5184,
EXC,2007-09-20,35.4246,35.6445,35.0298,35.0298,
EXC,2007-09-21,35.4481,35.6679,35.0298,35.2419,
EXC,2007-09-24,35.2419,35.7676,35.067,35.4324,
EXC,2007-09-25,35.3307,35.7977,35.2819,35.3053,
EXC,2007-09-26,35.4041,35.8203,35.2497,35.4773,
EXC,2007-09-27,35.6248,35.7607,34.7592,34.8823,
EXC,2007-09-28,34.7905,35.0104,34.0137,34.1564,
EXC,2007-10-01,34.3831,34.9477,33.5408,34.3527,
EXC,2007-10-02,34.6272,34.7475,34.2229,34.5061,
EXC,2007-10-03,34.4553,34.5794,34.0977,34.1711,
EXC,2007-10-04,34.1788,34.8559,34.0753,34.4759,
EXC,2007-10-05,34.5951,34.9194,34.511,34.7201,
EXC,2007-10-08,34.599,35.3053,34.5384,34.8374,
EXC,2007-10-09,35.0328,35.4949,34.8823,35.4392,
EXC,2007-10-10,35.4441,35.4852,34.769,35.0445,
EXC,2007-10-11,35.36,36.1192,35.2008,35.6942,
EXC,2007-10-12,35.92,36.2473,35.534,35.8887,
EXC,2007-10-15,35.9111,36.0245,35.15,35.4949,"Stocks in focus for Tuesday SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are likely to see active trading during Tuesday's session are International Business Machines, Intel Corp., Yahoo Inc. and Wells Fargo."
EXC,2007-10-16,35.4852,35.6942,35.15,35.3553,
EXC,2007-10-17,35.5789,35.7519,34.6839,35.0161,
EXC,2007-10-18,34.8413,35.1696,34.7416,34.9009,
EXC,2007-10-19,34.6409,34.9331,33.9267,34.0577,
EXC,2007-10-22,33.7646,34.5551,33.4343,34.3489,
EXC,2007-10-23,34.4466,34.7592,34.2796,34.5384,
EXC,2007-10-24,34.4466,34.6655,34.0714,34.6469,
EXC,2007-10-25,34.4466,35.663,34.3068,35.4558,"ITT, Countrywide Financial, Ingersoll-Rand, Fortune Brands SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are likely to see active trading during Friday's session are ITT, Countrywide Financial, and Ingersoll-Rand, and Fortune Brands."
EXC,2007-10-26,36.1125,36.8403,35.5838,36.3606,
EXC,2007-10-29,36.5315,36.94,36.2756,36.6547,
EXC,2007-10-30,36.4084,37.1266,36.1095,36.6977,
EXC,2007-10-31,36.7504,37.6209,36.7504,37.5213,
EXC,2007-11-01,37.3805,37.6209,36.6498,36.7963,
EXC,2007-11-02,36.94,37.2291,36.4925,37.0621,
EXC,2007-11-05,36.2063,38.1847,36.2063,38.0372,
EXC,2007-11-06,38.0059,38.2424,37.3357,38.0186,
EXC,2007-11-07,37.3494,38.0577,37.0112,37.0112,
EXC,2007-11-08,37.0456,38.1007,37.0456,37.7841,
EXC,2007-11-09,38.4906,38.4906,37.2165,37.3298,
EXC,2007-11-12,37.1911,38.0684,35.7353,35.876,
EXC,2007-11-13,36.1095,36.1095,35.1529,35.9111,
EXC,2007-11-14,36.0568,36.5365,35.8271,35.9942,
EXC,2007-11-15,35.92,36.5188,35.5721,35.9355,
EXC,2007-11-16,36.2257,36.3196,35.5761,36.171,
EXC,2007-11-19,36.0157,36.3723,35.8076,36.1769,
EXC,2007-11-20,36.1672,36.9448,36.1672,36.7866,
EXC,2007-11-21,36.3723,37.067,36.3391,36.3967,
EXC,2007-11-23,36.5638,36.6214,35.8887,36.5512,
EXC,2007-11-26,36.4778,37.4696,36.0245,36.3137,
EXC,2007-11-27,36.5795,36.9097,36.1837,36.7367,
EXC,2007-11-28,37.0856,37.4529,36.4925,37.3034,
EXC,2007-11-29,37.2585,37.4666,36.7084,37.067,
EXC,2007-11-30,37.5877,37.6346,36.5599,36.7456,
EXC,2007-12-03,36.5062,37.5116,36.5062,37.3621,
EXC,2007-12-04,37.0621,38.3596,37.0621,38.1105,
EXC,2007-12-05,38.3841,39.1091,38.1407,39.0407,
EXC,2007-12-06,39.027,39.0317,38.2335,38.8168,
EXC,2007-12-07,38.812,39.1129,38.3157,38.6439,
EXC,2007-12-10,38.8305,39.1432,38.5316,39.0601,
EXC,2007-12-11,39.0454,39.3582,37.7968,37.8545,
EXC,2007-12-12,37.9825,38.4309,36.9859,37.3972,
EXC,2007-12-13,37.2897,38.6274,37.2291,38.5756,
EXC,2007-12-14,37.5164,38.7299,37.5056,38.0411,
EXC,2007-12-17,37.8018,38.3596,37.5056,37.5457,
EXC,2007-12-18,37.7607,38.8687,37.7197,38.7777,
EXC,2007-12-19,38.3381,38.8813,37.7431,37.8495,
EXC,2007-12-20,38.1944,38.301,37.0015,37.3621,
EXC,2007-12-21,37.7294,38.5716,36.8325,37.2849,
EXC,2007-12-24,37.2028,37.5526,37.0426,37.194,
EXC,2007-12-26,37.3805,37.3805,36.94,37.1041,
EXC,2007-12-27,36.9645,37.49,36.8716,36.8951,
EXC,2007-12-28,36.9448,37.5526,36.9448,37.5116,
EXC,2007-12-31,37.3161,37.5438,36.8354,37.0015,
EXC,2008-01-02,37.0533,37.3728,36.2033,36.344,
EXC,2008-01-03,36.3928,37.4852,36.3928,36.7504,
EXC,2008-01-04,36.472,37.8085,36.2648,37.1823,
EXC,2008-01-07,37.4852,38.1887,36.9448,37.9922,
EXC,2008-01-08,38.1105,39.5477,38.1105,38.5833,
EXC,2008-01-09,38.6498,39.3181,37.8585,39.2164,
EXC,2008-01-10,38.9976,39.1764,38.1066,38.6137,
EXC,2008-01-11,38.3381,38.8931,37.8388,38.1105,
EXC,2008-01-14,38.3557,38.599,37.874,38.4622,
EXC,2008-01-15,38.0636,39.0934,38.0322,38.3518,
EXC,2008-01-16,38.2492,38.6048,36.7007,36.8491,
EXC,2008-01-17,36.7309,37.4666,35.1588,35.1588,
EXC,2008-01-18,35.1236,35.5584,33.879,34.3831,
EXC,2008-01-22,32.6967,34.1662,31.7324,33.1471,
EXC,2008-01-23,31.9541,35.6308,31.7274,35.4665,
EXC,2008-01-24,35.3513,35.3513,33.6991,34.0176,
EXC,2008-01-25,34.4133,34.4553,33.0474,33.1325,
EXC,2008-01-28,33.1325,33.6142,32.9077,33.2174,
EXC,2008-01-29,33.4422,33.7187,33.0884,33.193,
EXC,2008-01-30,33.0884,33.8564,32.9713,33.1061,
EXC,2008-01-31,32.6488,34.7299,32.6166,34.4925,
EXC,2008-02-01,34.6108,35.4275,34.4133,35.0924,
EXC,2008-02-04,35.0778,36.1837,35.0778,35.785,
EXC,2008-02-05,35.2262,35.3513,34.1466,34.2346,
EXC,2008-02-06,34.4026,34.941,34.1788,34.3879,
EXC,2008-02-07,34.0078,34.7553,33.9521,34.4348,
EXC,2008-02-08,34.3117,34.7299,34.003,34.3879,
EXC,2008-02-11,34.4466,35.7079,34.4201,35.6248,
EXC,2008-02-12,35.9024,36.5188,35.5906,36.0831,
EXC,2008-02-13,36.2756,36.2912,35.3972,35.6894,
EXC,2008-02-14,35.7577,36.1876,35.1725,35.4197,
EXC,2008-02-15,35.3123,35.7265,35.0885,35.6493,
EXC,2008-02-19,35.9894,36.1876,35.3553,35.5789,
EXC,2008-02-20,35.3396,35.6572,34.9243,35.5184,
EXC,2008-02-21,35.5789,35.8076,34.8765,35.0445,
EXC,2008-02-22,35.0924,35.7353,34.7338,35.663,
EXC,2008-02-25,35.6121,35.8174,35.2008,35.4773,
EXC,2008-02-26,35.2439,36.0635,34.9517,36.0157,
EXC,2008-02-27,35.8711,36.2346,35.1725,35.3123,
EXC,2008-02-28,35.15,35.278,34.6791,35.0836,
EXC,2008-02-29,34.7093,34.938,33.7187,33.9267,
EXC,2008-03-03,34.3645,35.2859,33.9473,35.15,
EXC,2008-03-04,35.0054,36.3723,34.8599,36.0108,
EXC,2008-03-05,36.089,36.4612,35.5145,36.0059,
EXC,2008-03-06,35.9766,36.261,35.3015,35.3454,
EXC,2008-03-07,34.9957,35.534,34.6527,35.3513,
EXC,2008-03-10,35.4528,35.5487,34.8276,35.0005,
EXC,2008-03-11,35.3972,36.7133,35.3972,36.6176,
EXC,2008-03-12,36.6263,36.9048,35.9942,36.0059,
EXC,2008-03-13,35.5789,36.7045,35.36,36.5599,
EXC,2008-03-14,36.6927,36.7133,35.4275,36.1466,
EXC,2008-03-17,35.36,36.5462,35.1354,35.9844,
EXC,2008-03-18,36.6009,36.94,35.9844,36.7641,
EXC,2008-03-19,36.8687,37.3768,35.8534,35.8534,
EXC,2008-03-20,36.0059,36.6547,35.4608,36.4417,
EXC,2008-03-24,36.5188,36.7905,35.8671,36.2297,
EXC,2008-03-25,36.1916,36.514,35.7021,35.7977,
EXC,2008-03-26,35.663,36.3723,35.5672,36.0695,
EXC,2008-03-27,36.3557,37.0621,36.1095,36.6606,
EXC,2008-03-28,36.769,37.1442,36.0831,36.1515,
EXC,2008-03-31,36.0695,36.9537,36.0695,36.8354,
EXC,2008-04-01,37.1911,37.706,36.7133,37.6161,
EXC,2008-04-02,37.6209,38.1623,37.407,37.9336,
EXC,2008-04-03,37.6209,37.9747,37.322,37.6796,
EXC,2008-04-04,37.8018,38.5657,37.5877,37.6982,
EXC,2008-04-07,37.8955,37.9249,37.2897,37.3621,
EXC,2008-04-08,37.1725,37.575,37.1725,37.2683,
EXC,2008-04-09,37.2116,37.751,36.9908,37.4216,
EXC,2008-04-10,37.5457,37.9414,37.3034,37.5438,
EXC,2008-04-11,37.1442,37.6483,37.1442,37.3805,
EXC,2008-04-14,37.3768,37.9121,37.2066,37.8232,
EXC,2008-04-15,37.9922,38.5893,37.9688,38.2765,
EXC,2008-04-16,38.3381,39.1715,38.17,39.0836,
EXC,2008-04-17,39.0357,39.7069,38.9879,39.4793,
EXC,2008-04-18,39.6503,39.9053,39.1383,39.4695,
EXC,2008-04-21,39.1872,39.4558,38.7983,39.1266,
EXC,2008-04-22,39.068,39.0836,38.6341,38.8345,
EXC,2008-04-23,39.068,39.2164,38.7719,39.0641,"Stocks in focus for Thursday SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trade in Thursday's session are Microsoft Corp., ConocoPhillips, and 3M Co."
EXC,2008-04-24,38.7983,38.9693,37.9747,38.7582,
EXC,2008-04-25,38.7954,39.2517,38.7133,39.1559,
EXC,2008-04-28,39.2067,39.3347,38.4817,38.6048,
EXC,2008-04-29,38.4817,38.768,38.1007,38.2238,
EXC,2008-04-30,38.2238,39.1178,38.1007,38.7426,
EXC,2008-05-01,38.768,39.5389,38.7465,39.2106,
EXC,2008-05-02,39.4333,39.6287,38.8715,39.0073,
EXC,2008-05-05,39.027,39.027,38.1359,38.4759,
EXC,2008-05-06,38.5463,39.0524,38.0802,39.0073,
EXC,2008-05-07,38.8765,39.2937,38.5716,38.6625,
EXC,2008-05-08,38.2091,38.3654,37.6883,37.9551,
EXC,2008-05-09,37.6288,37.7607,37.2546,37.5926,
EXC,2008-05-12,37.6161,38.3753,37.3942,38.1847,
EXC,2008-05-13,38.2492,38.4153,37.6523,37.8184,
EXC,2008-05-14,37.8184,38.5169,37.7568,38.259,
EXC,2008-05-15,38.3557,38.3557,37.874,38.1944,
EXC,2008-05-16,38.1817,38.7085,38.0411,38.555,
EXC,2008-05-19,38.5266,39.2848,38.5266,39.0601,
EXC,2008-05-20,39.8857,40.3273,39.4431,40.0763,
EXC,2008-05-21,40.1124,41.0728,39.8105,40.6381,
EXC,2008-05-22,40.7758,40.9654,40.4349,40.8296,
EXC,2008-05-23,40.5755,40.7885,39.9883,40.0372,
EXC,2008-05-27,40.7016,41.0865,40.3977,40.9703,
EXC,2008-05-28,40.4084,40.7935,40.0587,40.2561,
EXC,2008-05-29,40.1084,40.8823,40.1084,40.517,
EXC,2008-05-30,40.4613,40.6292,39.8105,39.8857,
EXC,2008-06-02,39.6679,39.9327,39.3582,39.5594,
EXC,2008-06-03,39.7772,39.8857,39.1031,39.3435,
EXC,2008-06-04,39.3092,40.1047,39.1451,39.6815,
EXC,2008-06-05,39.7471,40.725,39.4793,40.6527,
EXC,2008-06-06,40.2042,40.7885,39.4558,39.62,
EXC,2008-06-09,39.6718,40.2746,39.4333,40.1544,
EXC,2008-06-10,39.9834,40.4182,39.5878,40.2659,
EXC,2008-06-11,40.2659,40.4661,39.6503,39.6923,
EXC,2008-06-12,39.8409,39.9942,39.452,39.7519,
EXC,2008-06-13,40.0674,40.772,39.7862,40.6801,
EXC,2008-06-16,40.4876,40.5033,39.5438,40.3929,
EXC,2008-06-17,40.5326,40.9703,40.3059,40.4446,
EXC,2008-06-18,40.2659,41.0025,40.2492,40.8393,
EXC,2008-06-19,40.6527,41.3132,40.6118,40.9996,
EXC,2008-06-20,40.9781,41.3914,40.3323,40.6,
EXC,2008-06-23,40.7573,41.6073,40.556,41.2106,
EXC,2008-06-24,41.0025,41.6268,41.0025,41.2106,
EXC,2008-06-25,41.2829,41.3015,40.5033,40.8648,
EXC,2008-06-26,40.5277,40.7514,39.6287,39.6287,
EXC,2008-06-27,39.5917,40.1544,39.2243,39.4333,
EXC,2008-06-30,39.5007,41.0201,39.2556,40.7758,
EXC,2008-07-01,40.5374,41.2419,39.9688,40.9487,
EXC,2008-07-02,41.0288,41.7021,40.938,41.0368,
EXC,2008-07-03,41.0288,41.6073,40.7573,41.0025,
EXC,2008-07-07,41.2546,41.7587,40.4613,40.7514,
EXC,2008-07-08,40.7465,41.4608,39.9591,40.3587,
EXC,2008-07-09,40.5374,41.1012,40.1544,40.7299,
EXC,2008-07-10,40.8139,41.5897,40.5854,41.536,"Utility stocks fall in 2008, but still provide haven Utility stocks have taken a mild beating in the Bear Market of 2008, but the sector manages to handily outperform the broad market as Wall Street looks for steady returns from the growing business of providing electric power."
EXC,2008-07-11,41.1422,41.7333,40.4613,41.0425,
EXC,2008-07-14,41.3727,41.4461,40.0138,40.0626,
EXC,2008-07-15,40.0538,40.5854,39.2341,39.6112,EPA endorses burying CO2 gas to cut emissions U.S. regulators lay the groundwork for allowing the widespread use of carbon sequestration in a move that signals the growing consensus in Washington to reduce greenhouse-gas emissions.
EXC,2008-07-16,39.6287,39.6767,37.9161,38.4672,
EXC,2008-07-17,38.2541,38.5893,36.7993,37.2585,
EXC,2008-07-18,37.5965,38.1623,37.109,37.8085,
EXC,2008-07-21,38.0157,38.812,37.5604,38.6048,
EXC,2008-07-22,38.3215,39.1793,38.0499,38.3381,
EXC,2008-07-23,38.1661,39.2654,36.1172,36.9976,
EXC,2008-07-24,36.94,36.9781,35.2536,36.8168,
EXC,2008-07-25,36.8911,37.0905,36.4612,36.5638,
EXC,2008-07-28,36.4329,37.1344,36.0108,36.0108,
EXC,2008-07-29,35.8808,36.3391,35.5389,36.2033,
EXC,2008-07-30,35.8477,36.5365,35.8027,36.2961,
EXC,2008-07-31,36.1515,36.6009,35.4373,35.6347,
EXC,2008-08-01,35.8251,35.92,34.1788,34.1935,
EXC,2008-08-04,34.2346,34.8823,33.2868,33.2917,
EXC,2008-08-05,33.3806,33.9394,32.8061,33.7949,
EXC,2008-08-06,33.7646,34.2893,33.3689,33.9434,
EXC,2008-08-07,33.6698,34.725,33.3327,34.0343,
EXC,2008-08-08,34.1895,34.2131,33.4724,33.7646,
EXC,2008-08-11,33.8672,34.0577,33.2946,33.4988,
EXC,2008-08-12,33.3592,33.7305,33.1559,33.58,
EXC,2008-08-13,33.5017,34.0528,32.8061,33.9394,
EXC,2008-08-14,33.8223,33.8223,33.2331,33.404,
EXC,2008-08-15,33.5321,33.5321,33.0377,33.2653,
EXC,2008-08-18,33.278,33.6317,33.0474,33.2653,
EXC,2008-08-19,33.0377,33.5575,32.7348,33.4197,
EXC,2008-08-20,33.4393,33.7695,32.9302,33.6639,
EXC,2008-08-21,33.32,35.0728,33.3142,34.8344,
EXC,2008-08-22,34.9009,34.9097,34.3527,34.4026,
EXC,2008-08-25,34.4974,34.6048,33.7695,33.9307,
EXC,2008-08-26,33.9766,34.6615,33.8613,34.4807,
EXC,2008-08-27,34.4309,35.2439,34.4309,35.0641,
EXC,2008-08-28,35.2097,35.534,34.8198,34.9644,
EXC,2008-08-29,34.811,35.1089,34.3313,34.4309,
EXC,2008-09-02,34.7299,35.2859,33.4246,33.5741,
EXC,2008-09-03,33.5711,33.5741,32.2658,32.5941,
EXC,2008-09-04,33.3865,33.3865,31.8164,32.0098,Thursday's biggest gaining and declining stocks Shares of the following companies were among those that made notable moves on the U.S. stock market Thursday.
EXC,2008-09-05,31.6786,31.6786,29.409,29.4481,
EXC,2008-09-08,29.8368,30.2677,29.4177,30.1192,
EXC,2008-09-09,30.2511,30.3508,28.2786,28.341,
EXC,2008-09-10,28.3654,29.3991,28.3654,29.1139,
EXC,2008-09-11,29.1079,30.3001,28.5551,30.2677,
EXC,2008-09-12,30.1271,31.1657,29.9776,30.9986,
EXC,2008-09-15,30.342,30.7798,29.7109,30.1866,
EXC,2008-09-16,29.9424,30.1652,28.4642,29.7392,
EXC,2008-09-17,29.2858,29.362,27.8935,28.1163,
EXC,2008-09-18,28.5394,29.3991,27.9541,28.9848,"[""Some value-priced stocks don't have staying power to pay off Paul Larson, editor of the Morningstar StockInvestor newsletter, says that stock market is \""shaking out a lot of value\"" and valuing future cash-flows at about 80 cents on the dollar, but investors now have to decide if those bargain-priced companies will \""live through the short-term turbulence in order to get to the long-term cash flow they should generate.\"" He said that some financial stocks, in particular, won't turn out to be values because they don't have the resources to get through current problems."", ""Buffett in deal to buy Constellation Energy Group at a discount Warren Buffett says his MidAmerican Energy arm will buy Constellation Energy for $4.7 billion.""]"
EXC,2008-09-19,29.1139,31.2751,29.1139,30.7943,
EXC,2008-09-22,31.1158,31.4372,30.7973,30.9635,
EXC,2008-09-23,31.0865,31.2976,30.3176,30.4231,
EXC,2008-09-24,30.7719,30.7719,29.3367,30.1407,
EXC,2008-09-25,30.3371,31.3669,30.0958,30.9986,
EXC,2008-09-26,30.808,31.1481,29.8965,30.4387,
EXC,2008-09-29,30.0625,30.2766,27.1959,27.7225,
EXC,2008-09-30,28.2296,28.7133,27.3503,28.3831,
EXC,2008-10-01,28.0762,28.4954,27.5496,28.3517,
EXC,2008-10-02,28.1163,28.936,26.4924,26.9917,
EXC,2008-10-03,27.5213,28.5461,26.4231,27.281,
EXC,2008-10-06,26.7729,27.281,24.4935,25.5652,
EXC,2008-10-07,26.2472,26.3303,24.1945,24.2481,
EXC,2008-10-08,23.62,24.8462,22.5179,23.2389,
EXC,2008-10-09,23.3884,23.5653,21.574,21.832,
EXC,2008-10-10,21.0581,22.4133,18.6878,21.4744,
EXC,2008-10-13,21.7998,25.3054,21.402,25.1676,
EXC,2008-10-14,26.0968,26.5383,23.2966,25.2145,
EXC,2008-10-15,24.7845,25.1021,22.1662,22.7445,
EXC,2008-10-16,22.7445,23.7383,21.5515,23.5135,
EXC,2008-10-17,22.5941,26.4231,22.5941,24.7025,"The Next Prez's Impact on Energy Stocks Special Report: Obama could be a boon for alternative energy companies, while McCain would help domestic drillers. But a bad economy could dampen the presidential effect."
EXC,2008-10-20,24.2727,24.8149,23.1266,24.7435,"[""Intel, Halliburton, Exelon, Prudential in the spotlight U.S. stock market futures were strongly higher Monday as confidence improved that government intervention to stabilize the financial system would succeed."", ""U.S. stock futures point to higher start for Wall Street U.S. stock futures shoot higher as traders grew more confident that government measures to stabilize the financial system will be successful."", ""Staking out short-term resistance Monday's analysis"", ""U.S. stocks end sharply higher as credit markets improve U.S. stocks extend their gains, with energy shares paving the climb higher after Fed Chairman Ben Bernanke backed more fiscal stimulus and investors digested earnings reports from various sectors.""]"
EXC,2008-10-21,24.5208,25.0035,23.7059,24.1886,
EXC,2008-10-22,23.9951,23.9951,21.5515,22.8041,
EXC,2008-10-23,22.722,23.5232,21.0093,22.6088,"[""Money Markets and More for Friday, October 24: Greenspan living in Casablanca? How much blame does Alan Greenspan deserve for the financial meltdown? If Hollywood remakes Casablanca, should he star as Captain Renault? Would you be shocked, shocked if he did? And do you mix email and alcohol? If so Google wants to step in."", ""Stocks in focus for Friday Among the companies whose shares are expected to see active trade in Friday\u2019s session are Exelon Corp., Ingersoll-Rand Co., and Gannett Co.""]"
EXC,2008-10-24,21.0093,22.6849,20.5921,22.0049,
EXC,2008-10-27,21.7597,23.195,21.2448,21.362,
EXC,2008-10-28,21.7597,24.8334,21.2731,24.7475,
EXC,2008-10-29,24.6019,24.8032,22.6362,23.5066,
EXC,2008-10-30,24.3615,24.9253,23.5428,24.7524,
EXC,2008-10-31,24.7289,25.3405,24.1837,24.5843,
EXC,2008-11-03,24.5208,24.5794,23.5858,24.044,
EXC,2008-11-04,24.6204,26.0684,24.5502,26.001,
EXC,2008-11-05,25.6874,25.6874,24.2434,24.3996,
EXC,2008-11-06,24.3996,24.8247,22.6849,22.9351,
EXC,2008-11-07,23.1305,24.6937,22.9311,24.3957,
EXC,2008-11-10,24.7475,24.9008,21.9384,22.8843,"[""U.S. stocks end lower as financials falter; GM battered U.S. stocks finished lower Monday, sending the Dow Jones Industrial Average back below 9,000, after early enthusiasm over China\u2019s economic stimulus fading in favor of ongoing worries about U.S. companies, including General Motors Corp."", ""Monday's biggest gaining and declining stocks Stocks expected to move significantly in trading on Monday include AIG, Centennial Communications, Benjamin Franklin Bancorp, Coke Enterprises, HSBC, Isis Pharma, Nortel, NRG, SunPower and Whole Foods.""]"
EXC,2008-11-11,22.5628,24.2951,22.4602,23.793,
EXC,2008-11-12,23.28,23.364,22.469,22.9224,Wednesday's biggest gaining and declining stocks A roundup of shares from various companies making notable moves in the U.S. stock markets.
EXC,2008-11-13,23.0211,25.2106,22.0968,25.193,
EXC,2008-11-14,24.6176,24.7475,22.7133,22.9224,
EXC,2008-11-17,22.9174,24.0049,22.3908,23.1423,
EXC,2008-11-18,23.2926,23.7773,22.3684,23.1715,
EXC,2008-11-19,23.1363,23.7773,22.1329,22.3157,Stimulus Plan May Lift Infrastructure Plays President-elect Obama should unveil the economic stimulus he discussed while on the campaign trail.
EXC,2008-11-20,22.0968,22.6449,20.0469,20.3967,
EXC,2008-11-21,20.9409,23.0895,20.5374,22.6625,
EXC,2008-11-24,22.6947,24.7661,22.6625,24.0733,
EXC,2008-11-25,24.4935,25.0035,23.9278,24.4211,
EXC,2008-11-26,24.4495,25.1148,23.7685,24.9438,Wednesday's biggest gaining and declining stocks Shares of the following companies made notable moves in the U.S. stock market on Wednesday:
EXC,2008-11-28,24.8569,25.4832,24.5442,25.4763,
EXC,2008-12-01,25.1833,25.3835,23.2057,23.2389,
EXC,2008-12-02,23.5926,24.3038,23.0532,24.1182,
EXC,2008-12-03,23.6248,25.0973,23.3601,24.979,
EXC,2008-12-04,24.7758,25.2067,23.0358,23.3737,
EXC,2008-12-05,23.0748,24.2618,22.1006,24.0352,
EXC,2008-12-08,24.6204,25.446,24.1563,24.9302,"Shining a Light on a Winning Sector Unlike the broader equity market, utility stocks have turned in a positive performance over the past five years. One fund pro shares his favorite names."
EXC,2008-12-09,24.7152,24.9302,23.75,24.0489,
EXC,2008-12-10,24.5394,25.5047,24.2775,25.3014,
EXC,2008-12-11,25.0426,25.4998,24.4768,24.7191,
EXC,2008-12-12,24.0196,24.9732,23.75,24.7982,
EXC,2008-12-15,24.808,25.3141,23.8995,24.2677,
EXC,2008-12-16,24.2434,25.3181,24.0235,25.2555,
EXC,2008-12-17,25.0035,25.0035,24.0685,24.0685,
EXC,2008-12-18,24.3665,24.7435,23.6278,23.832,
EXC,2008-12-19,24.2003,24.6751,23.5682,23.8915,
EXC,2008-12-22,23.8818,24.2354,22.8892,23.3025,
EXC,2008-12-23,23.4148,23.7284,23.0358,23.4031,
EXC,2008-12-24,23.4187,23.8067,23.2389,23.793,
EXC,2008-12-26,23.9179,24.2043,23.7383,23.8818,
EXC,2008-12-29,23.8661,23.9502,23.2966,23.8271,
EXC,2008-12-30,23.9415,24.7435,23.9415,24.681,
EXC,2008-12-31,24.6468,25.3376,24.2854,25.2067,
EXC,2009-01-02,25.2702,26.085,24.8881,25.9131,
EXC,2009-01-05,25.8349,26.174,25.6229,25.9893,
EXC,2009-01-06,26.1554,26.7348,25.8008,26.0244,
EXC,2009-01-07,25.6727,25.8535,24.8921,25.0279,
EXC,2009-01-08,25.0152,25.1734,24.597,25.0874,
EXC,2009-01-09,25.4626,25.4626,24.4358,24.5539,
EXC,2009-01-12,24.6204,25.2829,24.5442,24.7475,
EXC,2009-01-13,24.681,25.0152,23.9307,24.1349,
EXC,2009-01-14,23.8408,24.0196,22.9311,23.9082,
EXC,2009-01-15,23.832,24.1945,23.4334,24.0391,
EXC,2009-01-16,24.5296,25.1784,24.215,24.8374,
EXC,2009-01-20,24.7435,25.8291,23.787,23.8661,
EXC,2009-01-21,23.8457,24.2384,23.0074,24.0909,"Stocks in focus for Thursday Among the companies whose shares are expected to see active trade in Thursday's session are Google, Microsoft, Nokia and Advanced Micro Devices."
EXC,2009-01-22,23.8515,24.7758,23.616,24.4211,
EXC,2009-01-23,24.0264,24.8921,23.573,24.6977,
EXC,2009-01-26,24.8374,25.9433,24.6751,25.6161,
EXC,2009-01-27,25.8202,25.9433,25.0279,25.1294,
EXC,2009-01-28,25.5135,26.1671,24.9986,25.9433,
EXC,2009-01-29,25.7714,26.3997,25.4129,25.5545,
EXC,2009-01-30,26.2745,26.2745,24.3996,24.5746,
EXC,2009-02-02,24.2991,25.2457,24.1251,25.066,
EXC,2009-02-03,25.0699,25.8692,24.9302,25.7314,
EXC,2009-02-04,25.9082,26.4377,25.7314,26.1447,
EXC,2009-02-05,25.7548,26.3997,25.3835,25.8847,
EXC,2009-02-06,25.7958,26.5247,25.6229,26.2023,
EXC,2009-02-09,26.1504,26.5873,25.7362,26.0313,
EXC,2009-02-10,25.8349,26.1944,25.1549,25.3835,
EXC,2009-02-11,25.4832,25.7187,24.8676,25.237,
EXC,2009-02-12,25.1598,25.2028,23.7421,24.385,
EXC,2009-02-13,24.2434,24.6977,24.2003,24.3352,
EXC,2009-02-17,23.8067,23.8661,22.681,22.853,
EXC,2009-02-18,22.7777,22.8403,22.043,22.2599,
EXC,2009-02-19,22.4651,22.7621,22.2716,22.5179,
EXC,2009-02-20,22.2199,22.3733,21.1002,21.7294,
EXC,2009-02-23,21.5204,22.1495,20.9086,20.9927,
EXC,2009-02-24,21.1529,22.2863,20.9301,22.0724,
EXC,2009-02-25,21.9902,22.4602,21.6581,22.0684,
EXC,2009-02-26,22.2776,22.6185,21.6141,21.701,
EXC,2009-02-27,21.3346,21.8193,20.85,21.402,
EXC,2009-03-02,20.9595,21.5368,20.9263,21.067,
EXC,2009-03-03,21.2731,21.5468,20.2032,20.2423,
EXC,2009-03-04,20.3928,21.0631,20.343,20.7485,
EXC,2009-03-05,20.5599,20.5599,19.7128,20.0157,
EXC,2009-03-06,20.1886,20.85,19.6219,20.2355,
EXC,2009-03-09,20.0381,20.4016,19.6053,19.872,
EXC,2009-03-10,20.2989,20.85,19.1548,19.2956,
EXC,2009-03-11,19.0416,19.2839,17.4098,18.1974,"Wednesday's biggest gaining and declining stocks Among the companies whose shares are making notable moves in Wednesday's stock market are Bank of America, Citigroup, Hovnanian, J. Crew, Sirius, Take-Two, MGM Mirage and Las Vegas Sands."
EXC,2009-03-12,18.1534,18.8109,17.9443,18.7572,
EXC,2009-03-13,18.8833,19.1451,18.6547,19.0445,
EXC,2009-03-16,19.0864,20.0079,18.8246,19.5897,
EXC,2009-03-17,19.6493,20.0079,19.3777,19.9883,
EXC,2009-03-18,19.8974,20.3606,19.278,20.2032,
EXC,2009-03-19,20.388,20.4427,19.7157,20.3097,
EXC,2009-03-20,20.3332,20.426,19.7489,19.8349,
EXC,2009-03-23,20.2315,20.7465,19.957,20.7103,
EXC,2009-03-24,20.4133,20.85,20.2121,20.2198,
EXC,2009-03-25,20.4524,20.7582,19.9433,20.216,
EXC,2009-03-26,20.3967,20.8647,20.1437,20.8003,
EXC,2009-03-27,20.5687,20.8774,20.1095,20.7319,
EXC,2009-03-30,20.2658,20.5462,19.495,20.2746,
EXC,2009-03-31,20.4094,20.8999,20.2989,20.5735,
EXC,2009-04-01,20.3479,20.7886,20.1945,20.5227,
EXC,2009-04-02,20.9048,21.6659,20.6321,21.2497,
EXC,2009-04-03,21.1989,22.1329,21.1901,22.0284,
EXC,2009-04-06,21.8603,22.1622,21.4744,21.6239,
EXC,2009-04-07,21.236,21.6434,21.0728,21.4314,
EXC,2009-04-08,21.3874,21.7422,21.2116,21.6962,
EXC,2009-04-09,22.128,22.4602,21.3074,21.6708,
EXC,2009-04-13,21.6386,21.6386,21.1275,21.3493,
EXC,2009-04-14,21.3464,21.3874,20.985,21.0768,
EXC,2009-04-15,21.0581,21.832,20.5296,21.2809,
EXC,2009-04-16,21.4567,21.4567,20.51,20.723,
EXC,2009-04-17,20.8413,21.0835,20.515,20.9126,
EXC,2009-04-20,20.6224,20.8814,20.4876,20.7142,
EXC,2009-04-21,20.6498,20.9263,20.5462,20.8452,
EXC,2009-04-22,20.7103,20.9722,20.5227,20.6321,"Stocks in focus for Thursday Among the companies whose shares are expected to see active trade in Thursday’s session are Microsoft, American Express and Amazon."
EXC,2009-04-23,20.5462,20.9263,20.2355,20.7485,
EXC,2009-04-24,20.9977,21.0406,20.1368,20.2716,
EXC,2009-04-27,20.2843,21.0132,20.0518,20.85,
EXC,2009-04-28,20.6948,20.8745,20.3782,20.4661,
EXC,2009-04-29,20.6605,21.0279,20.6283,20.8217,
EXC,2009-04-30,21.0581,21.2536,20.6019,20.9086,
EXC,2009-05-01,20.9595,21.3406,20.8315,21.2937,
EXC,2009-05-04,21.4714,21.6483,21.1471,21.5945,
EXC,2009-05-05,21.4667,21.6541,21.3152,21.5105,
EXC,2009-05-06,21.5897,21.8066,21.2536,21.3923,
EXC,2009-05-07,21.5838,21.8653,21.1989,21.8516,
EXC,2009-05-08,22.0636,23.2839,22.0195,22.7299,
EXC,2009-05-11,22.4944,23.0171,22.4407,22.7807,
EXC,2009-05-12,22.8892,23.324,22.6772,23.189,
EXC,2009-05-13,22.6399,22.7133,22.1378,22.305,
EXC,2009-05-14,22.3908,22.5862,21.9384,22.1662,
EXC,2009-05-15,22.0195,22.0284,20.9174,21.402,
EXC,2009-05-18,21.3973,21.6189,20.6351,20.8814,
EXC,2009-05-19,20.8041,21.5398,20.7533,21.362,
EXC,2009-05-20,21.5652,21.5652,20.9556,21.0191,
EXC,2009-05-21,20.7836,20.855,20.5335,20.812,
EXC,2009-05-22,20.8217,21.4314,20.8041,21.1392,
EXC,2009-05-26,21.1862,21.7753,20.7142,21.6962,
EXC,2009-05-27,21.6659,21.87,21.2731,21.3679,
EXC,2009-05-28,21.5515,21.9902,21.4128,21.7069,
EXC,2009-05-29,21.87,21.9698,21.4744,21.7597,"Smart grid not clever enough to avoid recession While the U.S. government and electricity producers get ready to spend hundreds of billions to upgrade the nation's power lines and electricity infrastructure, the so-called smart grid may not be clever enough to escape economic uncertainty."
EXC,2009-06-01,22.0195,22.5413,21.8143,22.3313,
EXC,2009-06-02,22.2316,22.5628,21.9698,22.0049,
EXC,2009-06-03,21.8242,21.961,20.9556,21.236,
EXC,2009-06-04,21.4314,21.9902,21.3493,21.8799,
EXC,2009-06-05,22.0557,22.2649,21.6053,21.9658,
EXC,2009-06-08,21.9327,21.9327,21.2585,21.5076,
EXC,2009-06-09,21.6189,21.9004,21.5565,21.701,
EXC,2009-06-10,21.9483,22.939,21.9483,22.8119,"CORRECT: U.S. stocks hit hurdle with crude's rise Wall Street of late has viewed the rising price of oil as a sign that the economy is on the mend, with stocks generally climbing higher along with crude. But that link appears to be frayed with escalating energy costs a potential threat to the global recovery, stock analysts say."
EXC,2009-06-11,22.726,23.2106,22.6673,22.722,
EXC,2009-06-12,22.681,23.1549,22.3361,22.9262,
EXC,2009-06-15,22.8481,22.8715,21.9571,22.295,
EXC,2009-06-16,22.3283,22.6088,22.0636,22.1769,
EXC,2009-06-17,22.2365,22.3733,21.8242,21.9521,
EXC,2009-06-18,22.3869,22.9721,22.2776,22.8715,
EXC,2009-06-19,23.0358,23.1169,22.4797,22.6362,
EXC,2009-06-22,22.3996,22.6185,22.1769,22.2072,
EXC,2009-06-23,22.2072,22.6449,21.9483,22.4172,
EXC,2009-06-24,22.4045,22.766,22.3869,22.7299,
EXC,2009-06-25,22.598,23.3073,22.4553,23.1169,
EXC,2009-06-26,23.1461,23.2438,22.8892,22.9801,"Our 2009 investing ideas at midyear: Oops The 10 investment ideas for 2009 that MarketWatch highlighted in December were cautious and careful. In hindsight, maybe too cautious."
EXC,2009-06-29,23.1169,23.1423,22.7045,22.8793,
EXC,2009-06-30,22.9224,23.2878,22.7894,23.2106,
EXC,2009-07-01,23.3737,23.6434,23.2154,23.3689,
EXC,2009-07-02,23.1169,23.1169,22.1818,22.3781,"[""Payrolls data, Exelon, Lear, GM in focus U.S. stock market futures extended earlier losses Thursday after the government reported a bigger-than-expected decline in nonfarm payrolls."", ""US Stock Futures Slide After 467,000 Job Losses U.S. stock futures dropped Thursday after a report showed that 467,000 jobs were lost in June, far more than economists had forecast and a figure that snapped a run of decreasing job reductions. Extending a decline after the report was released, S&P 500 futures fell 11.1 points to 908.10 and Nasdaq 100 futures dropped 9.5 points to 1,468.50. Futures on the Dow Jones Industrial Average fell 109 points to 8,339. Nonfarm payrolls shrank by 467,000 in June, higher than the 325,000 decline expected by economists surveyed by MarketWatch and the 322,000 jobs lost in May. The unemployment rate ticked higher to 9.5% in June from 9.4% in the previous month."", ""U.S. stock futures slide after 467,000 job losses Futures indicate U.S. stocks will open sharply lower after a government report showing the loss of 467,000 jobs in June, a far weaker reading for nonfarm payrolls than economists had forecast."", ""Thursday's biggest gaining and declining stocks MarketWatch's latest recap of shares making big moves in the stock market Thursday.""]"
EXC,2009-07-06,22.2072,22.3469,21.7255,22.2022,"Utilities in play as stock investors turn skittish The utility sector, bashed by stock investors until recently, is getting another look as markets turn increasingly defensive in re-evaluating the economic recovery still ahead."
EXC,2009-07-07,22.2072,22.2824,21.5565,21.6434,"Utilities ETFs Utility sector ETFs are getting more attention. A weaker U.S. consumer, system-wide deleveraging, and the prospect of lower global output make the regulated utilities look attractive. They have built-in profit margins, pay predictable cash dividends, and tend to reduce portfolio beta. Historically utility dividends have been a point or two below long-term treasury yields. Currently, the dividends on most utility ETFs are above long-term treasury yields. This suggests that at least relative to treasuries, utilities ETFs look oversold. There are risks. Utilities tend to be sensitive to regulatory changes. It is not yet clear how potential new regulation will impact the industry. Also, on a comparative basis, the reliable dividends utilities pay look more attractive in the current low-yield environment. With treasury yields moving higher, dividends from utilities, and utilities themselves, look less attractive. The chart below compares a utility benchmark, the Utilities Sector SPDR (NYSEArca:XLU) with a treasury bond benchmark, the iShares Barclay 7-10 Year Treasury ETF (NYSEArca:IEF), and an equity benchmark, the S&P Depositary Receipts (NYSEArca:SPY). The chart shows how utilities fund XLU and treasury fund IEF diverged in mid-2008. The utilities ETF in the chart above, XLU is a popular and inexpensive domestic ETF. With close to 2 billion in assets, it has captured most of the volume in the sector. Vanguard's Utilities ETF ( VPU ) is another example of a ""plain vanilla"" fund. Though roughly equivalent by expense ratio and by performance, VPU is far smaller. Because of its size and its options liquidity, for trading, XLU is the ETF to own. But some investors may find XLU pretty concentrated. Its top ten holdings represent more than 50% of total assets. A single company, Excelon Corporation ( EXC ) is close to 15% of the fund. For long term buy and holders, the Vanguard fund VPU is a good choice because of its more diversified holdings. A third broad domestic ETF, the Dow Jones Utilities (NYSEArca:IDU) provides a slightly different mix but with an expense ratio of 0.48%, it is more expensive than XLU or VPU. Like other sector funds, the number of ETF offerings in the utilities sector has boomed in recent years. Investors in the sector now have allocation opportunities that include global diversified ETFs, strategic allocation ETFs, and specialty trading vehicles built to provide short exposure or leverage characteristics. GLOBAL The global utility ETF sector is a new area for many investors. Diversifying into global markets can provide the lower beta that is so important for utilities investing. Expense ratios for global ETFs tend to be higher and yields lower and the utilities sector is no exception. But here we think that this is a reasonable price to pay for efficient access to global markets. Of course, when selecting a global fund, U.S. investors want to be sure that the extra expense goes for holdings that are actually foreign. In this regard Wisdom Tree's Utilities Sector Fund (NYSEArca:DBU) outshines the other funds. All its top holdings are outside the U.S. We like DUB. Unfortunately, in part because of its holdings in water and gas utilities, DBU tends to offer lower yields in comparison with iShares Global Utilities Sector Index Fund (NYSEArca:JXI) and SPDR FTSE/Macquarie Global Infrastructure 100 ETF ( GII ), which both have more domestic exposure. STRATEGY PowerShares Dynamic Utilities ( PUI ) is the largest of the strategy-type ETFs. These ETFs are allocated according to non-published investment criteria. This is designed to appeal to investors who favor a valuation approach to allocation. It appears to us that this kind of approach is not typically worth the extra cost. Investors should note that in addition to the higher expense ratios, these funds often have much higher turnovers than the plain vanilla sector style funds like XLU and VPU. Higher turnover brings increased trading costs which are added on top of the higher expense ratios and can drag down returns. SHORT/LEVERAGE Proshares sponsors two utilities ETFs that can be useful for specific investors, both based on the Dow Jones Utilities Average. The first is a leveraged play, which is designed to return twice the performance of the index on a daily basis. In other words, returns should be something like 2x IDU, which is also built on the Dow Jones Index. The short fund Ultra Utilities ProShares ( UPW ) is a nice offering for investors whose accounts do not permit short positions. UPW saw big gains in the utilities sell-off during the credit crisis of 2008-2009. The high expense ratio though should be a red flag for longer-term investors. Both these ETFs can be good trading vehicles for the savvy, but we do not recommend them for most investors. Utility ETFs and their expense ratios are listed below by focus. BROAD DOMESTIC BROAD DOMESTIC Utilities Select Sector SPDR (NYSEArca:XLU), annual fees: 0.24% Vanguard Utilities ETF (NYSEArca:VPU), annual fees: 0.25% iShares Dow Jones U.S. Utilities Sector Index Fund, annual fees: 0.48% Utilities Select Sector SPDR (NYSEArca:XLU), annual fees: 0.24% Vanguard Utilities ETF (NYSEArca:VPU), annual fees: 0.25% iShares Dow Jones U.S. Utilities Sector Index Fund, annual fees: 0.48% Utilities Select Sector SPDR (NYSEArca:XLU), annual fees: 0.24% Vanguard Utilities ETF (NYSEArca:VPU), annual fees: 0.25% iShares Dow Jones U.S. Utilities Sector Index Fund, annual fees: 0.48% INTERNATIONAL INTERNATIONAL SPDR FTSE/Macquarie Global Infrastructure 100 (NYSEArca:GII), annual fees: 0.59% SPDR S&P International Sector ETF (NYSEArca:IPU), annual fees: 0.50% iShares S&P Global Utilities Index Sector Fund (NYSEArca:JXI), annual fees:0.48% SPDR FTSE/Macquarie Global Infrastructure 100 (NYSEArca:GII), annual fees: 0.59% SPDR S&P International Sector ETF (NYSEArca:IPU), annual fees: 0.50% iShares S&P Global Utilities Index Sector Fund (NYSEArca:JXI), annual fees:0.48% SPDR FTSE/Macquarie Global Infrastructure 100 (NYSEArca:GII), annual fees: 0.59% SPDR S&P International Sector ETF (NYSEArca:IPU), annual fees: 0.50% iShares S&P Global Utilities Index Sector Fund (NYSEArca:JXI), annual fees:0.48% STRATEGY STRATEGY PowerShares Dynamic Utilities Portfolio (NYSEArca:PUI), annual fees:0.60% First Trust AlphaDEX Fund (NYSEArca:FXU), annual fees: 0.70% PowerShares Dynamic Utilities Portfolio (NYSEArca:PUI), annual fees:0.60% First Trust AlphaDEX Fund (NYSEArca:FXU), annual fees: 0.70% PowerShares Dynamic Utilities Portfolio (NYSEArca:PUI), annual fees:0.60% First Trust AlphaDEX Fund (NYSEArca:FXU), annual fees: 0.70% LEVERAGE/SHORT LEVERAGE/SHORT Ultra Utilities ProShares ETF (NYSEArca:UPW), annual fees:0.95% Ultra Short ProShares Utilities ETF (NYSEArca:SDP), annual fees:0.95% Ultra Utilities ProShares ETF (NYSEArca:UPW), annual fees:0.95% Ultra Short ProShares Utilities ETF (NYSEArca:SDP), annual fees:0.95% Ultra Utilities ProShares ETF (NYSEArca:UPW), annual fees:0.95% Ultra Short ProShares Utilities ETF (NYSEArca:SDP), annual fees:0.95% EQUAL WEIGHT EQUAL WEIGHT Rydex S&P Equal Weight Utilities ETF, annual fees:0.50% Rydex S&P Equal Weight Utilities ETF, annual fees:0.50% Rydex S&P Equal Weight Utilities ETF, annual fees:0.50% Jonathan Bernstein has been writing about ETFs since 2003 and is the author of Sector Trading: A Year in Exchange Traded Funds . Jonathan Bernstein has been writing about ETFs since 2003 and is the author of Sector Trading: A Year in Exchange Traded Funds .Jonathan BernsteinSector Trading: A Year in Exchange Traded Funds The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2009-07-08,22.0147,22.1583,21.6483,21.8516,"[""U.S. stock futures trade near Tuesday's lows U.S. stock futures meander near the prior day\u2019s lowest levels as traders await results from Alcoa to see if the aluminum giant can get the market out of a recent rut."", ""Google, NRG, Family Dollar in focus U.S. stock market futures were close to flat Wednesday as traders awaited results from Alcoa after the close, which will herald the start of the second-quarter earnings season."", ""Wednesday's biggest gaining and declining stocks Stocks moving significantly in morning trading include Amgen, Family Dollar, MSC Software, NRG, Whole Foods and IntercontinentalExchange.""]"
EXC,2009-07-09,22.1583,22.2863,21.7069,21.9571,
EXC,2009-07-10,21.875,22.1212,21.4393,21.9091,
EXC,2009-07-13,22.0088,22.5579,21.87,22.4505,
EXC,2009-07-14,22.5276,22.7494,22.2824,22.6996,
EXC,2009-07-15,22.9311,23.4461,22.8208,23.4148,
EXC,2009-07-16,23.3571,23.6063,23.0649,23.5379,
EXC,2009-07-17,23.4802,23.6102,22.9614,23.3073,
EXC,2009-07-20,23.4334,23.5965,23.1216,23.5926,
EXC,2009-07-21,23.324,24.3215,23.324,24.172,
EXC,2009-07-22,24.0264,24.2247,23.573,23.8457,S&P 500 tags the June high Wednesday's analysis
EXC,2009-07-23,23.7977,24.681,23.5682,24.4895,"Stocks in focus for Friday Among the companies whose shares are expected to see active trade in Friday’s session are Ashland, Black & Decker, Exelon and Fortune Brands."
EXC,2009-07-24,24.5394,24.6898,23.9726,24.6751,
EXC,2009-07-27,24.3312,24.6751,23.6434,23.8995,
EXC,2009-07-28,23.8027,23.8995,23.2536,23.5789,
EXC,2009-07-29,23.4802,23.5653,23.0532,23.2751,
EXC,2009-07-30,23.5339,23.8271,23.2926,23.4842,
EXC,2009-07-31,23.3523,23.6464,22.9848,23.0532,"Sempra profit sinks 19% on pipeline loss, trading The California power company took a loss in its pipelines unit and booked lower profits in its commodities trading unit."
EXC,2009-08-03,23.2653,23.3571,23.0445,23.3073,
EXC,2009-08-04,23.1129,23.32,22.9527,23.0786,
EXC,2009-08-05,23.1032,23.1657,22.4719,22.6312,
EXC,2009-08-06,22.6849,22.7894,22.2413,22.4847,
EXC,2009-08-07,22.6312,22.8451,22.4455,22.681,
EXC,2009-08-10,22.5579,22.8793,22.3996,22.853,
EXC,2009-08-11,22.8119,22.9575,22.5775,22.8481,
EXC,2009-08-12,22.6625,22.8403,22.4455,22.6576,
EXC,2009-08-13,22.6498,22.8618,22.3831,22.8208,
EXC,2009-08-14,22.6849,22.9721,22.3283,22.6536,
EXC,2009-08-17,22.4505,22.6498,22.087,22.3313,
EXC,2009-08-18,22.3831,22.3831,22.0909,22.3087,
EXC,2009-08-19,22.172,22.5276,22.0284,22.3586,
EXC,2009-08-20,22.4133,22.4378,22.0684,22.3908,
EXC,2009-08-21,22.5862,23.2926,22.4905,23.1803,
EXC,2009-08-24,23.3981,23.4919,23.0963,23.2027,
EXC,2009-08-25,23.2438,23.3571,23.0269,23.0582,
EXC,2009-08-26,22.9721,23.107,22.7563,22.9429,
EXC,2009-08-27,23.0318,23.0582,22.6996,22.9311,
EXC,2009-08-28,23.0395,23.0395,22.7133,22.894,
EXC,2009-08-31,22.766,22.8618,22.5775,22.6723,
EXC,2009-09-01,22.5541,22.8618,22.2863,22.3996,
EXC,2009-09-02,22.3283,22.4318,22.043,22.0479,
EXC,2009-09-03,22.2102,22.3,21.9004,22.0821,
EXC,2009-09-04,22.1329,22.2502,21.8417,21.9825,
EXC,2009-09-08,22.1006,22.2649,21.9902,22.0909,
EXC,2009-09-09,22.1554,22.2677,21.9952,22.0519,
EXC,2009-09-10,22.0968,22.2239,21.8603,22.0636,
EXC,2009-09-11,22.0821,22.1818,21.9043,21.9327,
EXC,2009-09-14,21.87,22.3869,21.7548,22.3283,
EXC,2009-09-15,22.3733,22.7894,22.2102,22.726,
EXC,2009-09-16,22.8451,23.4118,22.6625,23.3386,
EXC,2009-09-17,23.2614,23.6737,23.2536,23.4842,
EXC,2009-09-18,23.5593,23.6502,23.2536,23.2839,
EXC,2009-09-21,23.189,23.2565,22.9038,23.0895,
EXC,2009-09-22,22.9135,23.3884,22.9135,23.2154,
EXC,2009-09-23,23.2291,23.28,22.8481,22.894,
EXC,2009-09-24,22.8843,23.0445,22.6899,22.7299,
EXC,2009-09-25,22.6625,22.7856,22.5501,22.598,
EXC,2009-09-28,22.6185,22.9614,22.5306,22.7621,
EXC,2009-09-29,22.8989,22.9174,22.5678,22.7093,Energy-sector divergence grows on climate change Nuclear power-plant operator Exelon has joined a handful of other big power firms that have pulled out of a Chamber of Commerce lobbying group as the energy sector stakes out various positions over proposed U.S. carbon legislation.
EXC,2009-09-30,22.6849,22.7299,22.3,22.4905,
EXC,2009-10-01,22.4602,22.5678,21.9785,21.9785,
EXC,2009-10-02,21.8799,21.9327,21.6581,21.7469,
EXC,2009-10-05,21.8653,21.9131,21.5652,21.8359,
EXC,2009-10-06,22.0245,22.2365,21.8564,22.0596,
EXC,2009-10-07,22.1231,22.2824,21.8564,22.0195,
EXC,2009-10-08,22.2316,22.2502,21.9277,22.1974,
EXC,2009-10-09,22.2102,22.4944,22.1876,22.3996,
EXC,2009-10-12,22.5042,22.7093,22.3244,22.4759,
EXC,2009-10-13,22.3869,22.4847,22.2716,22.3908,
EXC,2009-10-14,22.5501,22.7494,22.2599,22.4172,
EXC,2009-10-15,22.4133,22.6996,22.3283,22.6996,
EXC,2009-10-16,22.5501,22.8843,22.4045,22.7093,"Utilities split on climate legislation The U.S. Chamber of Commerce has a rebellion on its hands, led by a handful of utilities that have broken with the powerful lobbying group over its stiff opposition to the war on global warming."
EXC,2009-10-19,22.7045,23.189,22.6673,23.0963,"Climate email from U.S. Chamber of Commerce a hoax A band of pranksters claims responsibility for a hoax statement from the U.S. Chamber of Commerce, falsely signaling a policy shift on climate change from the influential business group."
EXC,2009-10-20,23.1549,23.195,22.5541,22.5678,
EXC,2009-10-21,22.5678,22.9575,22.5081,22.6849,
EXC,2009-10-22,22.6947,23.0622,22.6625,23.0445,"[""Money Markets and More: Fri., Oct. 23 Preview Microsoft's online store now features plenty of non-Microsoft merchandise. And lower prices are headed our way on consumer electronics."", ""Stocks in focus for Friday Among the companies whose shares are expected to see active trade in Friday's session are Microsoft Corp., Honeywell International Inc. and Exelon Corp.""]"
EXC,2009-10-23,22.9351,23.0786,22.5179,22.6019,
EXC,2009-10-26,22.6225,22.7807,21.9736,22.0284,
EXC,2009-10-27,22.0245,22.1769,21.829,21.8847,
EXC,2009-10-28,21.9228,22.1329,21.5985,21.6659,
EXC,2009-10-29,21.7646,21.7998,21.4714,21.7215,
EXC,2009-10-30,21.6815,21.7128,21.0454,21.2858,
EXC,2009-11-02,21.3757,21.3757,20.8891,21.0454,
EXC,2009-11-03,20.9633,21.0454,20.8041,20.8891,
EXC,2009-11-04,20.977,21.3298,20.9556,21.1041,
EXC,2009-11-05,21.1901,21.5897,21.1305,21.3708,
EXC,2009-11-06,21.2985,21.5037,21.0944,21.1686,
EXC,2009-11-09,21.3786,21.5652,21.2028,21.5398,
EXC,2009-11-10,21.3406,21.5368,21.236,21.3923,
EXC,2009-11-11,21.5468,21.5468,21.2673,21.3024,
EXC,2009-11-12,21.3249,21.408,20.855,20.8814,
EXC,2009-11-13,20.9633,21.2809,20.9174,21.1275,
EXC,2009-11-16,21.2858,21.5311,21.2731,21.4891,
EXC,2009-11-17,21.5076,21.5076,21.1862,21.3298,
EXC,2009-11-18,21.2858,21.3874,21.1901,21.2497,
EXC,2009-11-19,21.1939,21.2116,20.9223,21.0279,
EXC,2009-11-20,21.024,21.2937,20.9301,21.2145,
EXC,2009-11-23,21.3786,21.5985,21.3298,21.4841,
EXC,2009-11-24,21.4841,21.574,21.3591,21.4988,
EXC,2009-11-25,21.5438,21.9863,21.4567,21.8897,
EXC,2009-11-27,21.5368,21.787,21.4128,21.6024,
EXC,2009-11-30,21.7939,21.87,21.6053,21.8359,
EXC,2009-12-01,21.8847,22.3469,21.8847,22.2199,
EXC,2009-12-02,22.4455,22.6625,22.2199,22.6449,
EXC,2009-12-03,22.6576,22.8892,22.4378,22.6673,
EXC,2009-12-04,22.8354,23.0358,22.0968,22.3469,
EXC,2009-12-07,22.5179,22.939,22.4505,22.7347,"What the Copenhagen conference means for investors For investors, the U.N. Climate Change Conference in Copenhagen will reinforce what some believe is a bright future for alternative energy, even if concrete efforts to stimulate demand remain weak."
EXC,2009-12-08,22.6625,22.8119,22.469,22.6498,
EXC,2009-12-09,22.6673,22.8041,22.5541,22.8041,
EXC,2009-12-10,22.939,23.2341,22.9038,23.1363,
EXC,2009-12-11,23.28,23.4802,23.0649,23.3934,
EXC,2009-12-14,23.5183,23.5593,23.1607,23.2878,
EXC,2009-12-15,23.2751,23.3337,23.0622,23.1403,
EXC,2009-12-16,23.2839,23.2839,22.7445,22.7807,
EXC,2009-12-17,22.6362,22.6723,22.0479,22.4602,
EXC,2009-12-18,22.6088,22.722,22.341,22.5452,
EXC,2009-12-21,22.6362,22.6899,22.3087,22.4045,
EXC,2009-12-22,22.4847,22.5862,22.2239,22.255,"U.S. stock market finds safety in utilities One day after the Dow Jones Industrial Average reclaimed gains for the month, preliminary figures released Tuesday point to the Dow Jones U.S. Utilities Index as the best performer for December."
EXC,2009-12-23,22.2649,22.4553,22.2149,22.3869,
EXC,2009-12-24,22.3781,22.5725,22.3781,22.4455,
EXC,2009-12-28,22.5228,22.6019,22.2716,22.3948,
EXC,2009-12-29,22.4172,22.5452,22.3537,22.3537,
EXC,2009-12-30,22.3244,22.4318,22.3157,22.3908,
EXC,2009-12-31,22.3869,22.469,22.1378,22.1495,
EXC,2010-01-04,22.2413,22.305,22.1065,22.1554,"Investing lessons for January and beyond The decade we have left behind will go down as one many would like to forget, but old times and lessons learned should not be forgotten."
EXC,2010-01-05,22.1818,22.1818,21.6141,21.7939,
EXC,2010-01-06,21.787,21.9277,21.5468,21.9228,
EXC,2010-01-07,21.9698,22.0382,21.8106,21.9952,
EXC,2010-01-08,21.9785,21.9785,21.8516,21.8917,
EXC,2010-01-11,21.9785,22.2443,21.9277,22.1475,"[""Quality will take over when 'turds' stop running Paul Larson, editor of the Morningstar Stock Investor newsletter, said that the economy coming out of a recession will come to a point where the low-quality, poor-fundamental stocks -- big winners in 2009 -- will slow down and stall, while quality names currently available at a low price will be the next big winners."", ""These three quality stocks priced at big discount Paul Larson, editor of the Morningstar Stock Investor newsletter, says that high-quality investments will never go out of style if they can be purchased at reasonable prices.""]"
EXC,2010-01-12,22.1212,22.3869,21.9902,22.2413,
EXC,2010-01-13,22.2677,22.6088,22.2502,22.5081,
EXC,2010-01-14,22.4994,22.5042,22.2102,22.2443,
EXC,2010-01-15,22.1554,22.2149,21.8897,22.0284,
EXC,2010-01-19,21.9736,22.3361,21.9444,22.3313,
EXC,2010-01-20,22.2199,22.2413,21.7753,21.961,
EXC,2010-01-21,22.0147,22.1925,21.6024,21.7792,
EXC,2010-01-22,21.7255,21.7704,21.1138,21.1275,"Stocks in focus for Friday Among the shares expected to see active trade in Friday’s session are those of General Electric, McDonald's, Kimberly-Clark and Schlumberger."
EXC,2010-01-25,21.3542,21.3874,20.8774,20.8891,
EXC,2010-01-26,20.9263,21.2116,20.6692,21.1217,
EXC,2010-01-27,21.1178,21.1217,20.7416,20.977,
EXC,2010-01-28,21.3024,21.3024,20.723,20.8315,
EXC,2010-01-29,21.3024,21.3923,20.6692,20.6781,
EXC,2010-02-01,20.7778,21.0534,20.6146,20.7886,
EXC,2010-02-02,20.7963,21.0093,20.6283,20.9126,
EXC,2010-02-03,20.8647,20.8647,20.6498,20.7182,
EXC,2010-02-04,20.7103,20.7103,20.2716,20.2843,
EXC,2010-02-05,20.1945,20.2355,19.6942,20.0518,
EXC,2010-02-08,20.084,20.2795,19.8349,19.8349,
EXC,2010-02-09,19.9883,20.2121,19.8936,20.0421,
EXC,2010-02-10,20.003,20.131,19.8095,20.0792,
EXC,2010-02-11,19.8437,19.8672,19.5516,19.8154,"FirstEnergy buying Allegheny Energy in stock deal NEW YORK (MarketWatch) - FirstEnergy Corp. said Thursday it'll buy Allegheny Energy in an all-stock deal that values the smaller power company at $8.5 billion, including debt."
EXC,2010-02-12,19.7489,19.7636,19.4763,19.6258,
EXC,2010-02-16,19.7588,20.0675,19.7206,20.0333,
EXC,2010-02-17,20.1886,20.1886,19.8936,19.9375,
EXC,2010-02-18,19.8769,20.1984,19.8349,20.1504,
EXC,2010-02-19,20.09,20.4377,20.09,20.343,
EXC,2010-02-22,20.4778,20.4778,20.2198,20.256,
EXC,2010-02-23,20.1828,20.256,19.9883,20.0079,
EXC,2010-02-24,20.0333,20.1144,19.7588,19.9473,
EXC,2010-02-25,19.7538,19.8839,19.4987,19.8583,
EXC,2010-02-26,19.8583,19.9248,19.6053,19.6258,
EXC,2010-03-01,19.7938,20.2589,19.7206,20.1504,U.S. Suprem Court rejects Argentine bondholder asset appeal WASHINGTON (MarketWatch) -- The U.S. Supreme Court on Monday rejected an appeal by bondholders seeking a piece of Argentina's U.S.-based pension assets in order to satisfy claims stemming from the country's sovereign debt default in 2001.
EXC,2010-03-02,20.1945,20.2989,20.0244,20.0968,
EXC,2010-03-03,20.1641,20.3293,20.0928,20.1544,
EXC,2010-03-04,20.2315,20.2989,20.084,20.2716,
EXC,2010-03-05,20.3693,20.6547,20.3606,20.6224,
EXC,2010-03-08,20.6692,20.7367,20.4739,20.5462,
EXC,2010-03-09,20.6107,20.6107,20.2989,20.383,
EXC,2010-03-10,20.4427,20.5296,20.3556,20.4475,
EXC,2010-03-11,20.515,20.5774,20.2843,20.3655,
EXC,2010-03-12,20.3743,20.3967,19.961,20.0157,
EXC,2010-03-15,20.0518,20.1368,19.9531,20.126,
EXC,2010-03-16,20.1368,20.5882,20.1368,20.551,
EXC,2010-03-17,20.6391,20.6498,20.4612,20.554,
EXC,2010-03-18,20.4329,20.5042,20.1544,20.2472,
EXC,2010-03-19,20.3479,20.3527,20.0568,20.2238,
EXC,2010-03-22,20.1945,20.383,20.0469,20.09,
EXC,2010-03-23,20.0616,20.173,19.957,20.084,
EXC,2010-03-24,20.1437,20.1437,19.7157,19.7431,
EXC,2010-03-25,19.7655,19.872,19.5124,19.6219,
EXC,2010-03-26,19.6073,19.6639,19.4763,19.577,"Expert sees healthy deal-making for natural gas Expected shift from coal as fuel source will power mergers and acquisitions, says Steve Mitnick."
EXC,2010-03-29,19.7157,19.9111,19.6298,19.9073,
EXC,2010-03-30,19.9073,20.0274,19.8583,19.9248,
EXC,2010-03-31,19.8525,19.9433,19.7431,19.8583,
EXC,2010-04-01,19.9375,20.2962,19.8769,20.0713,
EXC,2010-04-05,20.1437,20.2238,19.9883,20.126,
EXC,2010-04-06,20.0421,20.4427,19.9941,20.4329,"List of companies taking health care charges Starting in 2013, companies that provide prescription-drug benefits for retirees under Medicare can no longer deduct this subsidy from their taxes, due to the federal health-care overhaul signed into law on March 23."
EXC,2010-04-07,20.3967,20.4133,20.1945,20.2746,
EXC,2010-04-08,20.3244,20.3244,20.0713,20.1407,"Cleaning Up Nuclear Waste -- And Lining Shareholders' Pockets As the United States wrestles with the future of nuclear power, it faces a more prosaic concern: What to do with all of the existing nuclear power plants, many of which were built more than 30 years ago and have already exceeded their originally planned life spans. The choice is twofold: regulators can provide an extension if the power company replaces aging critical components, or they can shut them down and disassemble them. Either way, little-known Energy Solutions ( ES ) stands to benefit. The $630 million Salt Lake City, Utah, company provides a range of de-commissioning, waste processing and logistics services to the nuclear power industry, primarily in the United States and United Kingdom. In the United States alone, there are 104 operating nuclear reactors, and 13 more that have been shut down but not yet disassembled. Of the 104 in operation, 54 have already received life extensions, 20 have applied for extensions, and 24 more are expected to apply, meaning the remaining six will be shut down during the next three to four years. That figure is likely to build in subsequent years as many facilities will not be able to indefinitely extend their lives. Reactors that receive extensions need to replace critical components such as turbines, reactor heads and pressurizers, which is another high-margin service offered by Energy Solutions. To be sure, this industry has been tricky for investors, as the United States has continually dithered on what it wants to do with nuclear waste, existing plants and new plant construction. Recent quarterly results for Energy Solutions have not reflected the growth that management had hoped, as projects were delayed and funds were slow to be disbursed. But that appears set to change. For starters, the massive U.S. stimulus package, which earmarked $6 billion to the Department of Energy for nuclear cleanup, was slow to get started but is now firmly underway. That should aid results in coming quarters and especially in 2011. Second, a long-term $7 billion deal to clean up the Hanford power plants should start to generate around $300 million in annual revenues for the company. In addition, Energy Solutions is close to signing a deal with Exelon ( EXC ) to assume stewardship of an aging nuclear site in Illinois. The eight to 10 year $900 million pact, which is expected to generate more than $200 million in operating profits for Energy Solutions, only awaits back-stop financing for insurance. The company hopes to pursue similar deals with other utilities in a program known as license stewardship. Each of those projects would generate $300 million to $600 million in funding, with profit margins of the same 20% magnitude as management expects from the Exelon deal. Energy Solutions is also bidding on large plant remediation projects in Paducah, Ky., Portsmouth, N.H., and elsewhere, though analysts have not incorporated any potential wins into their earnings models. Offsetting the bright longer-term prospects is a nearer-term drag: Energy Solutions derives more than half of its sales in the United Kingdom on a low-margin project that may expire by 2013. That would hurt the top-line, but the contract generates such weak cash flow that Energy Solutions' profit margins would get a substantial boost. It's too soon to handicap the long-term outcome of that U.K. contract. Shares of Energy Solutions took a sharp hit in February, when Chairman and CEO Steve Creamer unexpectedly resigned. Investors quickly assumed that the exit signaled trouble at the company, but the departure appears now to be a function of differing visions for growth between Creamer and the board of directors. Shares have started to rebound in recent weeks, but remain well below levels seen late in 2009. Investors had always expressed concern with the company's high debt load . After an acquisition spree, Net debt to total capital stood at 83% by the end of 2006. That metric fell to 45% at the end of 2009, and is expected to fall below 40% this year as the company plans to earmark cash flow toward debt pay-downs. The falling debt load and expected stream of new contract wins should eventually help the stock shed its lowly earnings multiple. Right now, the stock trades for roughly 10 times projected 2011 profits, and less than seven times projected 2011 interest , tax, depreciation and amortization), on an enterprise value basis. As the new projects announcements roll in over the next few quarters, and visibility increases for the prospect of steadily improving results in 2011 and 2012, shares should start to trade back toward historical levels of around 10 to 11 times EBITDA , or some 40% to 50% above current levels. -- David Sterman Contributor StreetAuthority Disclosure: David Sterman does not own shares of any security mentioned in this article. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-04-09,20.131,20.131,19.9209,20.0616,
EXC,2010-04-12,20.1202,20.3967,20.1202,20.2091,
EXC,2010-04-13,20.2278,20.2355,19.9209,20.1984,
EXC,2010-04-14,20.1691,20.1828,20.0469,20.1828,
EXC,2010-04-15,20.0713,20.1778,19.8769,20.131,
EXC,2010-04-16,19.9375,19.9375,19.6298,19.7714,
EXC,2010-04-19,19.7655,19.8583,19.6493,19.7538,"Stock Downgrades: GOOG, LMT, SNE Google ( GOOG ), Lockheed Martin ( LMT ) and Sony ( SNE ) were among some of the widely held stocks downgraded by Louis Navellier in his latest fundamental stock analysis on April 19, 2010. Internet stock Google ( GOOG ) announced first-quarter earnings on Friday, April 15. GOOG stock fell after the report on fears of increased spending even though Google reported strong growth in profits. GOOG stock was downgraded from its rating of a B grade or ""buy"" last week in Portfolio Grader to a C grade or ""hold"" this week in Louis Navellier's database of stocks to buy and sell. Aerospace and defense stock Lockheed Martin ( LMT ) was downgraded a C grade or ""hold"" in Portfolio Grader to a D grade or ""sell"" this week in Portfolio Grader in anticipation of its Wednesday, April 21, earnings report. It's key competitor Boeing ( BA ) was also downgraded from ""hold"" to ""sell "" the week before in the April 12 Portfolio Grader rankings. Electronics giant Sony ( SNE ) was downgraded from its rating of a B grade or ""buy"" last week in to a C grade or ""hold"" this week in Portfolio Grader's fundamental stock analysis. March video game sales showed strength for software, but weak hardware sales have caused trouble for Sony and it's PlayStation 3 console. Get a complete list of this week's stock downgrades below. About Portfolio Grader: Every Sunday, renowned growth stock adviser Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being ""strong buy"" and F being ""strong sell."" Portfolio Grader's stock data is free and open to the public, and can be accessed online here . More Portfolio Grader stock analysis: 4/12 stock upgrades: COST, LLY, RDS, WMT (click for complete list) 4/12 stock downgrades: BAC, BA, PC, TM (click for complete list) 4/5 stock upgrades: BA, HIT, XRX, YUM (click for complete list) 4/5 stock downgrades: FDX, HMC, RIMM, RBS (click for complete list) Related Articles: 5 Cheap Stocks Growing Fast Dividend Investing: When is it Time to Sell a Dividend Stock? 7 Low-Risk Dividend Stocks to Lock In The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-04-20,19.9531,20.0117,19.8095,19.9971,
EXC,2010-04-21,19.9073,20.0079,19.7244,19.7636,
EXC,2010-04-22,19.7812,19.8769,19.5652,19.7861,"Stocks in focus for Friday Among the companies whose shares are expected to see active trade in Friday's session are Honeywell International Inc., Schlumberger Ltd. and Xerox Corp."
EXC,2010-04-23,19.7128,19.9375,19.3885,19.9209,
EXC,2010-04-26,19.9883,20.1544,19.7431,19.7714,
EXC,2010-04-27,19.7333,19.7938,19.4186,19.4236,
EXC,2010-04-28,19.5516,19.7391,19.3992,19.6639,
EXC,2010-04-29,19.7157,19.83,19.5457,19.6073,
EXC,2010-04-30,19.6678,19.8936,19.6298,19.7588,
EXC,2010-05-03,19.8886,20.0381,19.7861,20.003,
EXC,2010-05-04,19.9023,19.9433,19.4706,19.5652,
EXC,2010-05-05,19.49,19.8437,19.4616,19.8017,
EXC,2010-05-06,19.6493,19.6493,18.9742,18.9742,
EXC,2010-05-07,18.5531,19.069,18.5531,18.8296,
EXC,2010-05-10,19.3885,19.49,19.0279,19.3083,
EXC,2010-05-11,19.2185,19.577,19.1598,19.3455,
EXC,2010-05-12,19.2438,19.2907,19.0503,19.11,
EXC,2010-05-13,19.106,19.3552,19.06,19.069,
EXC,2010-05-14,19.0386,19.2292,18.7514,18.8921,
EXC,2010-05-17,18.937,18.9966,18.5452,18.7415,
EXC,2010-05-18,18.8002,18.8246,18.471,18.4866,
EXC,2010-05-19,18.4202,18.4866,18.2453,18.3986,
EXC,2010-05-20,18.1817,18.1857,17.8174,17.8174,
EXC,2010-05-21,17.3474,17.9385,17.3474,17.8721,
EXC,2010-05-24,17.8212,17.9806,17.6229,17.6502,
EXC,2010-05-25,17.3337,17.4061,16.9838,17.3961,
EXC,2010-05-26,17.9219,17.9219,17.2262,17.2516,
EXC,2010-05-27,17.5193,17.6366,17.4098,17.6366,
EXC,2010-05-28,17.6366,17.704,17.4548,17.4949,
EXC,2010-06-01,17.4285,17.4685,17.0503,17.0659,
EXC,2010-06-02,16.9507,17.1989,16.8774,17.1891,"Exelon Corp Downgraded at J.P Morgan (EXC) Utility services company Exelon Corporation ( EXC ) caught a downgrade on Wednesday from analysts at J.P. Morgan. The firm lowered its rating on EXC to ""Underweight"" from ""Neutral,"" and cut its price target on the stock to $33. That target represents a more than 12% downside to EXC's Tuesday closing price of $37.65. Exelon shares fell 25 cents, or -0.7%, in premarket trading Wednesday. The Bottom Line We removed shares of EXC back on Aug.1, 2008, when the stock was trading at $78.62. The stock has technical support in the $33-$35 price area. If the shares can firm up, we see overhead resistance around the $42 price level. We would remain on the sidelines for now. Exelon Corporation ( EXC ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.2 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-06-03,17.2418,17.4548,17.1383,17.4098,
EXC,2010-06-04,17.1423,17.364,16.9985,17.0552,
EXC,2010-06-07,17.1187,17.4158,17.0612,17.1012,"20 Blue Chip Stocks to Sell Now In thecurrent stock market investors know that volatility can creep up on them in a hurry and their money can disappear overnight in shaky investments while they're not looking. It's important to remember that buying the best stocks is only part of the battle -- and avoiding poor investments is just as important to your retirement funds as seeking out that big profit maker. That true for all investment strategies, from the most conservative to the most aggressive. To help you get out of the worst stocks, I've compiled a list of the 20 worst blue chips on Wall Street right now. Each one of these companies has a market cap of more than $10 billion and is widely held, but my fundamental and quantitative analysis proves that these stocks are on the decline. Fundamentals are key to a good investing strategy because they tell you in black and white if a stock is growing its sales and earnings or if it is succeeding simply by cutting costs -- or worse, watching its revenues slowly slide backwards. Quantitative measures -- or ""quant"" -- are just as important, since this data indicates buying pressure. After all, the stock market sets price based on supply and demand. If there is no demand and there are no buyers for a given equity, your money is better off elsewhere. When nobody is buying, it's a sure sign that you should be selling. Here's my list of the 20 worst blue chip stocks to sell right now, accompanied by my grade for each company's fundamental statistics and quant ranking: You'll notice that a number of the picks on this list are foreign stocks and ADRs. There's no doubt that the chaos in Europe right now is weighing on the global markets. But as I pointed out in a recent article about euro zone stocks to buy at the bottom , there are still opportunities for investors who want to get into good European equities at a good price. Keep in mind that there is always opportunity even in a bleakest markets. But as you can see, there's no doubt that a number of European stocks are in trouble right now. That's why companies like Telecom Italia ( TI ), France energy stock Total ( TOT ) and Netherlands based ING Groep ( ING ) are on my list of blue chip stocks to sell. Also worth noting is that uncertainty over the financial reform bill in Congress appears to be holding back the financial sector. From Credit Suisse ( CS ) to Northern Trust ( NTRS ) to Charles Schwab ( SCHW ), financial blue chips stand out on this list of stocks to sell. Remember that these fundamental and quantitative rankings are good indicators of stocks to sell and stocks to buy, but they change quickly. Always make sure you're getting the most up-to-date information on your investments before selling any stock -- but note that as of this week, these are 20 blue chips you should definitely avoid. As of this writing, Louis Navellier did not own any of the stocks mentioned here in personal or client portfolios. About Portfolio Grader: Every Sunday, renowned growth stock expert Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being ""strong buy"" and F being ""strong sell.""Portfolio Grader's stock data is free and open to the public and can be accessed online here. Related Articles: Apple and Google Phone Wars Heat Up (AAPL, GOOG, S, CLWR, T, VZ, DT) Apple iPad Sales Projection: 13 Million by 2012 (AAPL, AMZN, BKS, SNE, HPQ, SMSN) Investing Strategy for June - Global Positives and Negatives The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-06-08,17.1597,17.4909,17.0659,17.4509,
EXC,2010-06-09,17.5633,17.6639,17.3425,17.4909,
EXC,2010-06-10,17.8271,18.1534,17.7704,18.1486,
EXC,2010-06-11,18.0939,18.2981,17.8808,18.0782,
EXC,2010-06-14,18.2062,18.3245,18.1144,18.2453,
EXC,2010-06-15,18.2561,18.5491,18.2561,18.5452,
EXC,2010-06-16,18.4739,18.7104,18.3439,18.6741,
EXC,2010-06-17,18.6117,18.6117,18.1925,18.5413,
EXC,2010-06-18,18.5531,18.7328,18.4817,18.6937,
EXC,2010-06-21,18.8559,18.8638,18.3752,18.471,"Trading Strategies - 10 Doomed Blue Chip Stocks to Sell Now After the stock market's antics in May, things appear to be on the mend in June with the broader market trending upwards. But even simple trading strategies such as long-term capital gains investing must acknowledge that a rising tide does not lift all boats. Some stocks have been pushed down for a reason following the stock market's consolidation last month, and these picks need to be trimmed from your portfolio immediately. Don't overlook a telltale sign like soaring PE ratios or flagging earnings just because you think the bulls are back. Pull the trigger now before it's too late! Out my entire Portfolio Grader database of 5,000 Wall Street investments, these are the 10 worst blue chip stocks on the market right now. If you own shares, sell them immediately -- and if you're an options investors looking for a trading strategy, consider playing the downside on any one of these battered blue chips. Aluminum Corp. of China ( ACH ) - This company has been suffering, down about -25% year-to-date, as aluminum priced have been sagging -- including one seven month stretch that saw a -60% decline in the metals' price. Baxter International ( BAX ) - Baxter has been right on target with its earnings, but its lack of growth is the real problem. BAX stock has suffered at least three downgrades from Wall Street in the last three months.The blue chip stock has lost -27% year to date with no bottom in sight. Charles Schwab ( SCHW ) - If you ask Chuck about his earnings performance, you may get some hand-wringing and embarrassed excuses. SCHW has seen its earnings slump in each of the past four consecutive quarterly reports and that is not an encouraging trend. Charles Schwab is down about -16% year-to-date. ENI S.p.A ( E ) - This Rome-based integrated energy company has had a whole lot of trouble making its earnings move in a positive direction, missing the market in two of its last three reports by as much as 23%. Throw in euro zone debt fears and you can understand why this Europe blue chip is down -21% since January 1. Exelon Corp. ( EXC ) - Utility companies like Exelon are seen as safe haven plays, with high dividend yields and relatively low volatility. Too bad EXC has gone against the crowd on this front, shedding -16% year-to-date. Though EXC stock has a reasonable PE ratio of around 10, I wouldn't count on a turnaround any time soon. France Telecom ( FTE ) - With a market cap of $50 billion, FTE is a sizeable telecom player with almost 200 million customers. Too bad that like ENI, this Europe blue chip has been battered by debt fears in the euro zone and a lack of growth. With most analysts rating this stock a ""hold"" or ""overweight,"" you should consider FTE stock a sell. Monsanto Co. ( MON ) - The ""frankenseed"" company is having trouble maintaining its once dominant place in the agricultural sector. Not only have the comparisons to prior breakout quarters rendered recent earnings pretty shabby when held up next to these numbers, a relatively high PE ratio of 20 has caused many investors to consider this stock still overpriced despite a gut-wrenching 70% flop from its 2008 peak. Nucor Corp. ( NUE ) - A mining powerhouse and big name in the steel and iron business, Nucor has waiting for a recovery in construction for what seems like an eternity. Adding insult to injury last week, major flooding forced Nucor to idle two plants in Nebraska, as well as causing the collapse of a railroad bridge that served Nucor in the area. Once the floods subside, NUE will still be taking on water. Sell this blue chip stock. Total ( TOT ) - The France-based crude oil giant has been socked with the rest of the energy industry in the wake of the BP disaster, to the tune of -22% lost year-to-date. Total missed forecasts fairly significantly in its last quarterly report, and could be in for another poor showing when it reports again on July 30. Transocean Ltd. ( RIG ) - If you didn't already know about transocean, the BP oil spill has opened up your eyes to this oil service company. With BP angling to hang some of the liability on Transocean for the cleanup, this is an awfully risky investment to hold on to right now. Shares are off -35% since January 1 with no bottom in sight. Here's the complete list of these blue chip stocks to sell for easy reference: To any shareholders of these stocks afraid to lock in a loss: Simple trading strategies are often the most effective, especially when it comes to blue chips. Don't worry about PE ratios or the potential of a rebound -- just remember that even if one of these stocks jumps 5% in the next few weeks, that's only good if those returns beat the broader market. If you sell out of these picks and invest in stronger stocks, you will likely make up your lost ground faster than simply wishing and hoping for these blue chips to get back to square. Don't be emotional about the loss -- protect your portfolio and move on with your investing strategy. As of this writing, Louis Navellier did not own a position in any of the blue chip stocks named here. About Portfolio Grader: Every Sunday, renowned growth stock expert Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being ""strong buy"" and F being ""strong sell.""Portfolio Grader's stock data is free and open to the public and can be accessed online here. Related Articles: Penny Stocks to Buy Now - 24 Under $3 BRIC funds investing - Why Brazil Beats China and India High Yield Dividend Stocks - 8 Picks Boosting Dividends Now Penny Stocks to Buy - 5 Hot Energy Picks Priced for Less than a Gallon of Gas High Yield Dividend Stocks - 7 Famous Blue Chips to Buy With +5% Yields The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-06-22,18.471,18.5686,17.9579,18.0166,"Greg Gordon: Turn on to Big Utilities, Pt. I Greg Gordon: Turn on to Big Utilities, Pt. I Source: Brian Sylvester and Karen Roche of The Energy Report 06/22/2010 http://www.theenergyreport.com/pub/na/6598 Big American utilities pay big dividends, some as high as 8% among regulated utilities, and right now they're as cheap, relative to the bond market, as they've been in about a quarter century. If you like investments as income, few people know utilities equities better than Morgan Stanley Analyst Greg Gordon. In this exclusive two-part interview with The Energy Report, Greg eloquently and frankly explains the utilities market and offers some picks in the regulated utilities space. Part II will focus on Greg's picks among the deregulated utilities. The Energy Report: Greg, please give our readers an overview of the market for big utilities in the U.S. Greg Gordon: First of all, in looking at utilities in the U.S., they're a little bit complicated because they're not all homogeneous in terms of business models. In certain regions of the country, state regulators have liberalized the power markets; in other regions they have not. So when you look at the market capitalization of the utility sector, about 45% of the market cap is traditionally regulated utilities that operate regulated businesses where the state government regulator mandates the prices they can charge and gives them a fixed return on their equity investment in the company. Southern Company ( SO ) is like that in the southeast, and so is PG&E Corporation ( PCG ) in California and Consolidated Edison Holding Co. ( ED ) , or ConEd, in New York for example. Now, Southern Co. owns power plants, burns a lot of coal, but their assets are regulated; so, they charge a regulated rate. They buy the coal; they pass the cost on to their consumers. The regulatory model is called ""Cost Plus."" You recover the costs plus a reasonable return on your assets. ConEd is regulated exactly the same way, but ConEd doesn't own many power plants. They sold most of their power plants by regulatory mandate back in the early part of the decade, but like Southern Co., they're still ""Cost Plus"" on the wires and the pipes they own. They buy the power on the open market that they need to provide their customers and then they pass it on to their customers at no margin. And PG&E sold some of its power plants, still owns hydro and nuclear plants and also has a mixture of power purchases and fuel purchases that it uses to generate the power it needs. But it's not earning a margin on the power. It's earning a fixed return on the assets it's got. That's very different from an Exelon Corp. ( EXC ) ; that's very different from an Entergy Corp. ( ETR ) , which has regulated utility businesses, but also owns merchant power plants in liberalized markets. They earn a deregulated price, and they have to manage their costs. They become basically big cyclical energy companies where their margins rise and fall based on their ability to profit from power market dynamics. Generally speaking, power prices go up when natural gas is rising because natural gas is the marginal fuel for power in the U.S. in most markets. Power prices go up when demand is rising because as demand rises, less-efficient plants have to serve the load and that drives up power. So the profit margins of the diversified utilities cycle, whereas the profit margins on the regulated side tend to be much more stable and predictable and are set by regulators, not by markets. TER: What about dividends? GG: The regulated utilities also tend, because they have more predictable earnings and cash flow, to be higher paying dividend entities. The average regulated utility in the U.S. dividends about 65% of its income to its shareholders. The average diversified utility only dividends about 45% of its net income to shareholders, and that makes sense because the diversified utilities in our coverage universe have a riskier cash flow stream. The dividend has to be lower to reflect the fact that the cash flow fluctuates more. TER: So regulated utilities tend to be better long-term investments whereas diversified utilities have more upside and more risk? GG: Let's talk about the regulated investment profile and diversified needs separately because really you would own them for separate reasons. Regulated utilities are perceived sort of as income first, growth second, investment vehicles and they're perceived really to be an alternative to other income-bearing instruments like bonds by most equity investors. They tend to behave in a defensive fashion relative to market dynamics; they tend to be less correlated to what's going on in the market in terms of the S&P. And they tend to be much more positively correlated to what's going on in the bond market. Right now, the average regulated utility in the U.S. is investing capital in things like transmission lines and distribution grid enhancements like smart meters and putting environmental equipment on their power plants and building renewable energy facilities-more than 30 states in the U.S. have renewables mandates. Through these investments, they're growing their rate base, which is the capital investment on which they're allowed to earn by about 5% per year. When you grow your rate base, you have an opportunity to grow your earnings because you earn on the capital you invest. You actually have to spend money to make money. The risk is that they're periodically going into the regulator to ask for the revenues they need to pay for the investments that they're making. TER: These are the base rate case rulings? GG: Yes, you're constantly seeing this kind of activity and it pertains to their ability to earn a return on the capital that they're spending. The two drivers that really differentiate a good utility investment story are demographics and regulation. How much capital are you being asked to invest to keep up with trends in your local service region? And, is the regulator giving you a healthy return over your cost of equity or a skinny return on your cost of equity? I said the average rate-based growth was around 5%, but it varies. In California, the utilities are spending well in excess of that; and, in places like the Midwest, they're spending less because there's less demand growth. The return on equity that these companies actually earn is mandated by the regulator, and the last 12 months the authorized return on equity was 10.5%-11%, but the authorized returns have been as high as 12% and as low as 9%. Again, if you go from state to state, some regulators are more magnanimous than others. As a utility analyst and a utility investor, you try to identify the companies that have the best opportunity for rate-based growth; with the best opportunity to earn healthy returns over their cost of equity. The best opportunities to make investments are in places where there's change taking place, where a state regulator has been historically maybe a little bit tight on the returns that they authorize and we think they're going to start to be a little bit more magnanimous or where a company had not been spending a lot of capital and we think it's capital spending is going to increase, and they'll get an opportunity to earn a decent return on that. TER: What about regulated utilities? GG: Again, we think the most money is made in regulated utilities when you invest in positive change; and frankly, the most money is lost when investors fail to perceive the change in dynamics the other way. I'll give you three examples of stocks that I like in that space or that fit that profile: American Electric Power Company, Inc. ( AEP ) , CMS Energy ( CMS ) , and NV Energy Inc. ( NVE ) . AEP is a big regulated utility that operates in multiple states all the way from Ohio down to Texas. They have a management team that has historically been not tremendously disciplined in allocation of capital. They have spent aggressively to grow the rate base, but they have spent more aggressively than regulatory outcomes have allowed them to earn. So their returns on equity have been low relative to the industry average. What happened is AEP spent so much money on their capital base going into this last recession that they got over-leveraged, and they were forced to issue a lot of equity at very low prices at the bottom of the market. That was very dilutive. They've since put a new CFO in place and reined in their capital spending. Now that the economy is recovering, the returns on what they have invested should begin to improve as the economy improves. I think they've got some newfound discipline in terms of managing their capital spending and operating costs. I believe that the regulatory outcomes in the states in which they operate will be incrementally constructive. If you believe that, you've got a company that can earn $3 per share this year and grow earnings at probably 4% a year for the next several years, and it's trading at under 10 times my 2012 earnings estimate of $3.25; the yield is 5.2%. By the way, at around 10 times earnings that's almost a two multiple point discount to other larger cap regulated utilities that, like a Progress Energy Resources Corp. ( PRQ ) , for instance, are perceived to be more stable. The stock price is basically discounting earnings never going up. There is just skepticism that AEP have their act together. I believe over the next 12 months, as they prove that they've got their act together financially and the economy continues to recover in the Midwest and the regulatory decisions that they get from the multiple states they're in continue to be constructive, that that stock will appreciate because investors will embrace the change that is happening in the company. TER: Tell us about the other two utilities you mentioned in the regulated space. GG: CMS is a little utility in Michigan, and when the economy was really contracting, Michigan utilities were really hard hit for what appeared to be fairly obvious reasons. The auto industry went into a tailspin, so there was a perception of ""Gosh, you know utilities in Michigan serve the auto industry and if the auto industry is in trouble, then their sales must be in trouble."" For CMS that was less true because they don't have direct exposure to the auto industry as much as some of the other state utilities. The other thing that happened is the utility regulators in Michigan really put a regulatory framework in place to protect the utilities' financial performance from suffering as the economy continued to contract. They instituted a rate-making model called ""Revenue Decoupling."" That means is there is a much larger fixed component and much lower variable component, if a customer consumes less, so that fluctuations in demand don't have a huge impact on revenues. They can have a much more predictable earnings stream. The reason regulators have done so, I believe, is because they see the regulated utilities in the state as partners in economic development. They want healthy utilities to spend on state of the art infrastructure in Michigan so they can attract business. I think that is not fully appreciated by investors. CMS Energy stock trades even cheaper than AEP on our earnings estimates. We think that CMS is going to earn $1.35 per share and will grow its earnings at around 8% a year for the next couple of years. Again, we don't think that investors believe they will be able to do that, given that the stock is trading at almost nine times earnings. Now, they've got a little bit more debt than the average utility, and their divided yield is a little bit lower; CMS Energy yields 4%. But even taking those two things into account, we see no reason why that stock can't trade demonstrably higher as they execute on their growth strategy and investors begrudgingly come to accept that the regulatory model actually indemnifies them for a lot of exposure to industries about which people are concerned. We believe the regulators will continue to be constructive. TER: And NV Energy? GG: NV Energy serves Las Vegas and Reno, Nevada. That stock went down during the economic crisis because they weren't exposed to manufacturing like CMS, but they were exposed to housing and tourism through the casinos and hotels in Las Vegas. The economy did contract quite dramatically in Las Vegas. We think their earnings over the next 18 months will recover for two reasons: one, the economy in Nevada hopefully will start to show some improvement as we get into the first or second quarter of 2011. Analysts here at Morgan Stanley that cover the dominant industries in Nevada think that they will recover a little bit later in the cycle than other areas of the economy. And the company will file a base rate case for the Las Vegas jurisdiction next year. One of the things that is happening in that rate case is not only will they ask for revenues to compensate for the decelerated economy, but they also have a big power plant investment that will be completed early next year. That's going to add assets to their rate base. When that happens, we think the earnings power of the company rises from around $1 per share this year (and it will probably earn a $1 per share next year, which is kind of a 7% return on equity), to about a $1.35 per share in 2012, which is closer to 9%. The stock is trading on that $1.35 estimate at under nine times earnings; so, there's clearly a complete lack of belief that they will be able to drive their earnings back to a more reasonable return on equity. Remember, I said before that the average utility has been authorized closer to a 10.5% return on equity in the past year. TER: A lot of the profitability of these companies seems to hinge on positive outcomes in base rate case rulings. It seems like shareholder success at least in terms of NV Energy is directly tied to the regulator, no? GG: Well, you can never say with certainty that a regulator is going to act in any particular way, but you can look at the history of their decision making and look at the mosaic of activity in any particular state to gauge the level of risk. The regulators asked NV Energy to build this power plant; so when they put it into rates, we believe the regulator will do its best to allow NV to earn a reasonable return on that investment. The last several rate reviews that the company went through they were actually treated reasonably by the commission in Nevada; they were given decent rate decisions. They've just filed a small rate increase for their Reno-based utility, which is the smaller of their two utilities; it only represents about one-third of the company's earnings. That rate decision will be resolved before they file the next one, so it will be sort of an indicator of the level of constructiveness or lack there of between the company and its regulator. TER: So sometimes you get an early indicator as to the outcome of the crucial base rate case rulings? GG: Yes, the other thing that's interesting about NVE is that it's the only utility that I cover that is trading at a discount to its tangible book value. I said earlier that utilities earn a return on their capital investments (i.e., their book value). That means that if you believe that it's got the ability to earn a return in excess of its cost of equity on its capital investments, by definition it should trade at a premium to book. So, the fact that this one trades at a discount to book means either that investors believe that they're going to never achieve a return in excess of their cost of equity or that their cash flows are insufficient to fund their growth, so they're going to have issue shares of common equity and dilute their current shareholders. I think both those fears are unfounded. TER: Alright, NV Energy is building a new plant in Nevada. They clearly have some fixed costs of just running facilities and power lines and such, and, in an environment like Nevada, the revenues must have dropped dramatically with the economy. How do they have any return in the years before a rate increase? GG: The answer is yes; by our measure, they earned a 5% return at their Las Vegas utility. In 2009, the company earned $0.78 per share on a consolidated basis. We think they're going to earn around a $1.05 this year, which is an improvement to around 7.5% return in Las Vegas. Then, we think they can get to sort of an 8.5%-9% return by 2012, after they receive the rate decision we're expecting next year and, hopefully, go from there. We think it's an interesting investment because we think the stock can go up even if they continue to have a sub-par return; it just has to improve from where it is today. TER: It seems like the regulator is all-powerful in some cases. What are some jurisdictions, as some of the top jurisdictions as far as regulators go in the U.S.? GG: That's a good question. Many of the utilities that are perceived to be very stable and well-regulated companies don't look like interesting investment opportunities to me because that's appreciated already. As a value investor by training, I am always looking to invest in something that's underappreciated or misperceived. Those were three examples of regulatory jurisdictions that may be perceived as being more difficult than they really are. If you look at a jurisdiction like California, I think some of the utilities in California are trading a bit cheap to where their fair value is. But that is a jurisdiction that since the California Power Crisis in the early part of the decade has demonstrated itself to be highly constructive in the way it regulates its utilities. Those stocks are trading almost like there is this sovereign risk discount being applied to some of those companies. PG&E's got a great history of getting constructive regulation after coming out of bankruptcy in 2004, but what happens if the California government defaults on its debt? Are they going to be somehow indirectly exposed to that? I think the regulatory environment in the U.S. is actually pretty good. If you look at the regulatory activity over the past 18 months and you think about what's happened as we've gone through the depths of this recession, the vast majority of utilities that asked their regulators for revenue increases got some meaningful amount of the money that they asked for despite how difficult the economy was. I am a little bit concerned that it's going to be more difficult as we start getting into an inflationary cycle because when interest rates start to go up, cost of capital starts to rise, the operating costs start to go up, and the physical cost of capital expenditures start to go up. Then the rate increases that become needed start to stress the ability of the regulator to be dispassionate. Then they start to cap the amount they raise rates and that can cause problems. TER: Thanks so much for your time today, Greg. Want to read more exclusive Energy Report interviews like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our Expert Insights page. DISCLOSURE: 1) Brian Sylvester and Karen Roche of The Energy Report conducted this interview. They personally and/or their families own shares of the companies mentioned in this interview: None. 2) The following companies mentioned in the interview are sponsors of The Energy Report: None. 3) Greg Gordon: See Morgan Stanley disclosure that follows.* *The information and opinions in Morgan Stanley Research were prepared by Morgan Stanley & Co. Incorporated, and/or Morgan Stanley C.T.V.M. S.A. As used in this disclosure section, ""Morgan Stanley"" includes Morgan Stanley & Co. Incorporated, Morgan Stanley C.T.V.M. S.A. and their affiliates as necessary. 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Important U.S. Regulatory Disclosures on Subject Companies As of April 30, 2010, Morgan Stanley beneficially owned 1% or more of a class of common equity securities of the following companies covered in Morgan Stanley Research: American Electric Power Company, Inc, CMS Energy Corporation, Entergy Corp, PG&E Corporation, Sempra Energy, Wisconsin Energy Corporation. As of April 30, 2010, Morgan Stanley held a net long or short position of US$1 million or more of the debt securities of the following issuers covered in Morgan Stanley Research (including where guarantor of the securities): American Electric Power Company, Inc, CMS Energy Corporation, Entergy Corp, NV Energy, Inc., PG&E Corporation, PPL Corporation, Progress Energy Inc., Sempra Energy, Wisconsin Energy Corporation. Within the last 12 months, Morgan Stanley managed or co-managed a public offering (or 144A offering) of securities of PG&E Corporation. Within the last 12 months, Morgan Stanley has received compensation for investment banking services from American Electric Power Company, Inc, CMS Energy Corporation, Entergy Corp, PG&E Corporation, PPL Corporation, Progress Energy Inc., Sempra Energy, Wisconsin Energy Corporation. In the next 3 months, Morgan Stanley expects to receive or intends to seek compensation for investment banking services from American Electric Power Company, Inc, CMS Energy Corporation, Entergy Corp, NV Energy, Inc., PG&E Corporation, PPL Corporation, Progress Energy Inc., Sempra Energy, Wisconsin Energy Corporation. Within the last 12 months, Morgan Stanley has received compensation for products and services other than investment banking services from American Electric Power Company, Inc, CMS Energy Corporation, Entergy Corp, NV Energy, Inc., PG&E Corporation, PPL Corporation, Progress Energy Inc., Sempra Energy. Within the last 12 months, Morgan Stanley has provided or is providing investment banking services to, or has an investment banking client relationship with, the following company: American Electric Power Company, Inc, CMS Energy Corporation, Entergy Corp, NV Energy, Inc., PG&E Corporation, PPL Corporation, Progress Energy Inc., Sempra Energy, Wisconsin Energy Corporation. Within the last 12 months, Morgan Stanley has either provided or is providing non-investment banking, securities-related services to and/or in the past has entered into an agreement to provide services or has a client relationship with the following company: American Electric Power Company, Inc, CMS Energy Corporation, Entergy Corp, NV Energy, Inc., PG&E Corporation, PPL Corporation, Progress Energy Inc., Sempra Energy, Wisconsin Energy Corporation. Morgan Stanley & Co. Incorporated makes a market in the securities of American Electric Power Company, Inc, CMS Energy Corporation, Entergy Corp, NV Energy, Inc., PG&E Corporation, PPL Corporation, Progress Energy Inc., Sempra Energy, Wisconsin Energy Corporation. The equity research analysts or strategists principally responsible for the preparation of Morgan Stanley Research have received compensation based upon various factors, including quality of research, investor client feedback, stock picking, competitive factors, firm revenues and overall investment banking revenues. Morgan Stanley and its affiliates do business that relates to companies/instruments covered in Morgan Stanley Research, including market making, providing liquidity and specialized trading, risk arbitrage and other proprietary trading, fund management, commercial banking, extension of credit, investment services and investment banking. 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EXC,2010-06-23,17.9726,18.0166,17.6366,17.6903,
EXC,2010-06-24,17.7089,17.8759,17.4998,17.5193,
EXC,2010-06-25,17.618,17.618,17.2731,17.3914,
EXC,2010-06-28,17.4852,17.6717,17.2828,17.577,
EXC,2010-06-29,17.4636,17.4636,17.1597,17.2565,
EXC,2010-06-30,17.2584,17.4051,17.152,17.2116,
EXC,2010-07-01,17.2516,17.3053,17.0552,17.2467,
EXC,2010-07-02,17.3239,17.3239,17.0699,17.1686,
EXC,2010-07-06,17.2321,17.5633,17.2047,17.3718,
EXC,2010-07-07,17.3767,18.0479,17.319,17.9726,
EXC,2010-07-08,18.1817,18.3576,18.0997,18.3538,
EXC,2010-07-09,18.2902,18.4241,18.0665,18.4104,
EXC,2010-07-12,18.4202,18.5413,18.2941,18.5247,
EXC,2010-07-13,18.5648,18.7611,18.4573,18.5746,
EXC,2010-07-14,18.6029,18.7719,18.4739,18.7719,
EXC,2010-07-15,18.8002,18.9889,18.6224,18.9272,"Porter Stansberry: ""We Can't Live without Gulf Oil"" Porter Stansberry: ""We Can't Live without Gulf Oil"" Source: Karen Roche of The Energy Report 7/15/10 http://www.theenergyreport.com/cs/user/print/na/6811 Tragic as the situation is, ""everything is going to be okay"" in the Gulf of Mexico, according to Stansberry & Associates Investment Research Founder Porter Stansberry. Porter, who built his reputation on finding safe-value investments poised to give his followers years of exceptional returns, also has a reputation as an independent thinker with a penchant for ""out-of-consensus"" viewpoints. He shares some of his contrarian opinions in this exclusive interview with The Energy Report. Porter sees no risk of bankruptcy or default with BP, the Macondo emerging as an enormously beneficial well, and more drilling there in the future because 1) there are no good replacements for oil and 2) ""we can't live without oil from the Gulf."" The Energy Report: The major discussions on the energy front in the United States seem to lead to a single conclusion, that we have to start using domestically generated alternative sources of energy and stop relying on foreign oil. We all know the hot topic since April. What are your viewpoints on the impact of this disaster-not only on the Gulf of Mexico, but also on BP (NYSE:BP; LSE:BP) , deep-sea drilling and on the energy sector? Porter Stansberry: First, full disclosure. I have recommended to my subscribers Anadarko Petroleum Corp. ( APC ) , BP's partner in the well that's leaking in the Gulf, and I personally own shares in BP. I bought my stake in BP recently because I don't believe the total costs of cleaning up the spill will be material to the company's earnings over the next decade. I think BP today is a phenomenal opportunity for any investor who has the emotional wherewithal to handle some volatility. If you look at BP's debt, it barely budged. BP's bonds fell a bit more than 20%, with prices never falling below $80. Currently BP's debt is yielding 5.9%. There's no real risk of a bankruptcy or default. Folks like Matthew Simmons saying bankruptcy was likely was simply laughable. BP generates $30 billion a year in cash from its operations, and the total cost of the cleanup will not exceed $30 billion. I just don't believe it. So I think BP is a fantastic buy at current prices, and I recommended Anadarko because the way my publishing company works, we're not allowed to recommend things that we own ourselves, and I think Anadarko is a lot less at risk. I gave what I think is the better play to my readers. TER: How is Anadarko a better play? PS: Anadarko has fallen more than BP has, and it has even less exposure to this well. It only owns 25% of it. Even if you assume that Anadarko will be responsible for 25% of the cleanup costs, in my estimation, you're still only looking at a total bill of between $3 billion and $5 billion. That's very affordable for Anadarko. But more importantly, Anadarko has a fantastic case in that it doesn't owe a penny of the cleanup because from what we already know, it seems 100% certain that BP was negligent in operating this well. Pretty much everyone who's looked at the facts has said so, including some independent guys I hired to look at the situation. So I think Anadarko will walk away from this thing without a penny lost. It hasn't occurred to many people yet that this one well is producing about 30% of Anadarko's entire global production. I mean this thing is a monster, and they're going to get it under control. Meanwhile, Anadarko owns something like 3 million acres around this well. They are the largest independent operator in the deepwater gulf. And they're going to drill more wells eventually. I think we'll see a big turnaround in this whole process. I think the well can be cleaned up; I don't think that it's a disaster of the scope that people are saying. And I think the discovery will eventually lead to large increases in production for Anadarko. Look at what happened in the Persian Gulf when Iraq's troops withdrew from Kuwait. You're talking about a much smaller body of water and you're talking about much, much larger volumes of oil that were spilled-in that case deliberately-into the water. Nobody paid to clean it up. They just left it. Nature took its course, the oil eventually was broken down and everything was fine. Going back there two or three years later, you couldn't even tell it had happened. Listen, I am not saying it's not a tragedy; I'm not saying we shouldn't try to prevent it from happening, but I am saying it's not the end of the world. There have been spills this big in the Gulf of Mexico before, and they didn't destroy it. [Editor's Note: As of the date of this interview, (6/29/10), the Deepwater Horizon Gulf oil spill had not surpassed the Ixtoc 1 oil spill (6/3/79) in the Gulf.] Everything is going to be okay. But if you turn on the news right now, you'd think the entire Gulf of Mexico is a big boiling pot of oil and that the whole Gulf Coast will never going to be the same. I just don't believe those things are true. TER: But perception is reality when it comes to regulation. In that context, why wouldn't this have the impact on oil that Three Mile Island had on nuclear? PS: That's a good question, but if you believe the government is here to protect us, I just think that you're naïve. There's no doubt in my mind that the companies supposedly being regulated are easily capable of influencing those regulators, through lobbying or simply the essential corruption of the entire government-corporate structure, especially in the oil business. And then finally, like it or not, we can't live without the oil from the Gulf. Will there be regulations? Sure. Is it going to be harder for smaller companies to be entrants into that marketplace? Absolutely. But is that bad for BP or Anadarko? No, it's good for them. If their costs go up, guess what else is going to go up? The price of oil will, so those are passed on to you and me. TER: Meanwhile, in the wake of this spill, many people are talking more about alternative ways of getting oil. For instance, I've seen oil shale discussions on morning TV. How realistic is it to expect more production out of tar sands, etc.? PS: Well, the Eagle Ford shale has a lot of condensate in it, which isn't necessarily oil, but actually in some cases is more valuable than oil because it's easier to crack it into gasoline. There's already a lot of natural gas liquid production today in various shales across the country, and I expect big increases in that. I have an out-of-consensus view here, but my sources-all practicing oilmen in Texas who own land in the Eagle Ford and have drilled wells there themselves-tell me that they believe the Eagle Ford will be the largest single oilfield in the history of the United States. And they said oil, not natural gas. They're talking about natural gas liquids, which are just as good as oil-or as I indicated, even better in a lot of cases. TER: That sounds like good news. PS: Depending on your outlook, I'm afraid it means that natural gas prices will stay depressed for a very long time, but it's definitely going to be a big game-changer for domestic, onshore production. Just last month, Reliance Industries Ltd. ( RIL ) , the biggest conglomerate in India, paid around $1.3 billion for 40% of Pioneer Natural Resources Co.'s ( PXD ) Eagle Ford property. China hasn't bought anything in the Eagle Ford, but they will. I personally think they're likely to buy Petrohawk Energy Corporation ( HK ) . I have no evidence of that, just an instinct. Petrohawk has some of the best properties, but China is probably the only one willing to pay the very high price they're demanding. So that's the next deal I expect. You're definitely going to see a lot more deals. TER: What stands out about Petrohawk? PS: I think its first year's drilling campaign was in 2009, and they drilled something like 28 different holes without a single dry one. When you have no dry holes, the return on your capital from your drilling program is vastly higher. It's a whole new ballgame. It's just vastly more efficient and therefore the eventual profit margins from production will be even higher than they already are. In my mind, horizontal drilling and the existence of liquids in these shales is the game-changer for the energy business, and I really don't think people appreciate how big a change it's going to be or how large the production from these fields is going to be. But there is one big hiccup in all of this. TER: What's that? PS: There are a lot of environmental concerns about the fracking process, and I don't think that they're going to go away. Thus, I anticipate much tighter controls going forward on the horizontal drilling technologies that these companies have been using, which will make drilling progressively more expensive. Right now a single well costs them about $5 million to drill, but it wouldn't surprise me at all to see the price increase significantly to $10 million or $15 million per well just because of the costs of using these chemicals and making sure they get cleaned up. TER: Does this provide an investment opportunity-looking at the drilling companies as opposed to the oil producers? PS: That's a tough question. When you can buy a drilling company at a 50% discount to the value of its rigs, it's a good buy, but drilling isn't a high-margin business, so they inevitable trade at a huge discount to book as soon as the price of the commodity falls. In my mind, that makes them really speculative for the average investor. I think it makes more sense just to buy the companies with the best acreage in the field, and sooner or later you're going to make a lot of money. Even if it takes a long time to get all the holes drilled, the resource is there. I don't think most investors appreciate that there aren't any dry holes in these fields because they use seismic technology to look before they drill. They know the exact depth of the shale and once they know they're in it, they just drill sideways. TER: You talked about how massive Eagle Ford is. Are other fields in the U.S. exciting much discussion? PS: Absolutely. And they're pretty much all over the place. I think they have shale gas production now in 30 different states. The big ones are the Marcellus, Haynesville, Barnett and the Bakken. I think the difficulty is trying to produce these wells in a way that isn't very destructive to the environment, because horizontal drilling and the fracking process are very disruptive to groundwater supplies. They have to be really careful where they do this kind of drilling to avoid the risk of contaminating a large reservoir. TER: Considering the contamination in the Gulf of Mexico, and the risks to groundwater in horizontal drilling for oil, why isn't there more focus on alternative energies? Or, considering that we have so much natural gas, why not focus on going to natural gas instead of oil? PS: To get the natural gas out involves a lot of environmentally risky things, too, because these shales are tight rock formations, and you can't just drill a hole in them. You have to blast them apart, and blasting underground rock apart using high-pressure liquids inevitably risks busting through into underground aquifers, which can lead to a lot of problems. There are places where people can light their water on fire now when there's been drilling nearby. So even natural gas is not risk-free, and I think it's absurd for the American people to believe that you can have natural gas at $4 and not take any risks in your discovery and drilling programs. I am not saying we should take silly risks. But look, how long have we been drilling in the Gulf of Mexico, and how many accidents have there been? The safety record's pretty damn good. Are we going to get rid of commercial airlines because sometimes they crash? You can't go on without taking any risks. But as far as the answer to your more important question, we can't get off oil because oil is a fantastic source of energy; relatively inexpensive to find and produce, extremely dense and portable. There aren't any good replacements. Other ideas that people have put forward are not very workable. For example, the notion of powering the entire transportation infrastructure of the United States with electricity is complete nonsense. If everyone plugged in their automobiles and trucks, the entire grid would melt. Where would that electricity come from? How many more coal-fired power plants would we need to build if everyone tries to plug in their vehicles? If you do the math, it's a very large number. We don't have the capital to build them, and couldn't survive the pollution from the coal. So there are no cheap and wonderful and easy solutions. Solar power is not going to amount to anything, despite Al Gore's claims to the contrary-certainly not in the next decade, and probably not in my lifetime. It's just too incredibly inefficient, and, of course, it doesn't work when the sun isn't up. Likewise with windmills. How many windmills would you have to build just to replace the existing coal-fired power plants? It's an absurd number; it's not feasible; it's not economic. Not compared to a huge well like BP and Anadarko discovered. TER: In our last conversation related to energy in December , you didn't really see anything happening in coal and natural gas, either, nor at that time, in the nuclear arena. You didn't see any of those as representing any realistic investment opportunities. Do you still feel that way? PS: I tell you what I am getting very, very bullish on, the shares of a leading nuclear power company in the United States, Exelon Corp. ( EXC ) . I've recommended it to investors in my newsletter for many years. We bought it at $21/share or something like that after the correction in the tech boom in 2002, and it pays a really nice dividend, $2.10. We're getting paid 10% a year just to hold the stock, and meanwhile it's a regulated utility. There's no way it's going out of business, and if you buy it at the right price, it's a wonderful long-term investment. It hasn't been at the right price for a very long time, but right now you can buy it for about five times cash earnings, and the yield on the stock is 5.5%. We're in the range where I would be willing to allocate capital to Exelon's common stock. It's the largest operator of nuclear power plants in the United States, and I certainly believe that going forward nuclear power is the only realistic alternative to coal-fired power plants. It's the only way to generate enough electricity at a reasonable price. TER: Are there other nuclear facilities, or nuclear companies, that you also see as also being undervalued at this time? PS: I am sure the large-cap nuclear stocks are all going to be pretty cheap. Another large operator I like a lot is Duke Energy Corp. ( DUK ) , which is probably roughly the same in terms of price and value as Exelon right now. I just happen to like Exelon better because I have owned it for longer, and it's actually cheaper than Duke when you look at it on an enterprise value basis. When you get 5.5% owning the best nuclear operator in the U.S., you don't have to look anywhere else. TER: That's true. A moment ago, you said that nuclear is the only way to generate enough electricity at a reasonable price. If that's the case, do you foresee a play in uranium again, as there was three or four years ago? PS: That's a whole different question. To tell you the truth, I just haven't looked at uranium. Some analysts I'm friendly with follow it, but I haven't been excited about uranium in a long time. At the New Orleans Investment Conference in 2007, I put up a chart on uranium and said, ""This is the biggest bubble in the world."" I was maybe 60 days early and the whole thing just collapsed. I am not saying you can't make a lot of money in uranium mining, because I am sure you can. To buy a uranium producer, though, you've got to really know a lot about the quality of the ore and that goes well beyond my expertise. TER: Any other insights you would like to give to our readers? PS: We have been in such a bizarre period since 2006. Nothing makes any sense in terms of economics or finance globally. It didn't make sense for people to be able to get a 30-year mortgage with no income, no job and no equity in the home. We haven't yet recovered from all of that and other nonsense that's been going on, and it continues. It doesn't make sense for General Electric Company ( GE ) to be levered 30 times tangible equity. It doesn't make sense for America's largest and most important conglomerate to have that much debt. It doesn't make sense for a country like Italy, which has a horrible record of repaying creditors, to be able to borrow 110% of GDP. So we have all these things that just don't make any sense going on, and then people ask, ""What should I do with my money?"" And the thing to do, my friends, is be very, very careful because there are tremendous panics and volatility to come. We are a long way from the lifeguards coming out and declaring the ""all clear."" So be very, very cautious; don't be upset about having a large cash position. I told my readers earlier this year that if they weren't prepared to put half their portfolio in short stocks, if they weren't prepared to truly hedge themselves this year, that they should be 50% in short-term Treasuries and 50% in gold. That's the only way to have a totally safe cash position, because you're hedged with the gold versus the dollar. I am happy to sit in that position for a long time until I see some terrific values. TER: Porter, once again, we appreciate your time and your insights. After serving a stint as the first American editor of the Fleet Street Letter , the oldest English-language financial newsletter, Porter Stansberry put out his shingle at Stansberry & Associates Investment Research, a private publishing company. Celebrating its 10th anniversary last year, S&A has subscribers in more than 130 countries and employs some 60 research analysts, investment experts and assistants at its headquarters in Baltimore, Maryland, as well as satellite offices in Florida, Oregon and California. They've come to S&A from positions as stockbrokers, professional traders, mutual fund executives, hedge fund managers and equity analysts at some of the most influential money-management and financial firms in the world. Porter and his team do exhaustive amounts of real world, independent research and cover the gamut from value investing to insider trading to short selling. Porter's monthly newsletter, Porter Stansberry's Investment Advisory , deals with safe-value investments poised to give subscribers years of exceptional returns, while his weekly trading service,Porter Stansberry's Put Strategy Report , shows readers the smartest way to book big gains during the ongoing financial crisis. Want to read more exclusive Energy Report interviews like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our Expert Insights page. DISCLOSURE: 1) Karen Roche, publisher of The Energy Report, conducted this interview. She personally and/or her family own the following companies mentioned in this interview: None. 2) The following companies mentioned in the interview are sponsors of The Energy Report: None. 3) Porter Stansberry: I personally and/or my family own shares of the following companies mentioned in this interview: BP. I personally and/or my family am paid by the following companies mentioned in this interview: None. Streetwise - The Energy Report is Copyright © 2010 by Streetwise Reports LLC. All rights are reserved. Streetwise Reports LLC hereby grants an unrestricted license to use or disseminate this copyrighted material (i) only in whole (and always including this disclaimer), but (ii) never in part. The Energy Report does not render general or specificinvestment adviceand does not endorse or recommend the business, products, services or securities of any industry or company mentioned in this report. From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles on the site, may have a long or short position in securities mentioned and may make purchases and/or sales of those securities in the open market or otherwise. Streetwise Reports LLC does not guarantee the accuracy or thoroughness of the information reported. Streetwise Reports LLC receives a fee from companies that are listed on the home page in the In This Issue section. Their sponsor pages may be considered advertising for the purposes of 18 U.S.C. 1734. Participating companies provide the logos used in The Energy Report. These logos are trademarks and are the property of the individual companies. Streetwise Reports LLC P.O. Box 1099 Kenwood, CA 95452 Tel.: (707) 282-5593 Fax: (707) 282-5592 Email: jmallin@streetwisereports.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-07-16,18.8432,19.0279,18.7817,18.8002,
EXC,2010-07-19,18.8921,18.9966,18.7104,18.9556,
EXC,2010-07-20,18.7915,19.3034,18.7181,19.3034,"How Likely is Another Flash Crash? SAN DIEGO (ETFguide.com) - I have good news and bad news. Here's the good news: The May 6th 'Flash Crash' that spooked global markets is over. Now for the bad news: It's exact causes still aren't known and could reoccur. What was the 'Flash Crash' and how did it happen? And moreover, how likely is another similar episode in the future? Let's investigate together. The Anatomy of an Epic Decline The 'Flash Crash' on May 6th triggered a massive decline in stocks and sent shockwaves throughout global financial markets. The Dow Jones Industrial Average (NYSEArca: DIA), a barometer of 30 U.S. blue chip stocks, fell a record 998.5 points or 9.2% in value. Other leading market indexes like the S&P 500 (NYSEArca: SPY) and Nasdaq Composite (NasdaqGS: ONEQ) were also hammered. Among the most surprising aspects of the 'Flash Crash' was the suspicious trading activity of certain stocks. Procter and Gamble ( PG ) fell almost 37% before quickly rebounding. Other stocks like Accenture ( ACN ) and Exelon ( EXC ) briefly traded for cents. And perhaps the most amazing part of the stock market's colossal decline on May 6th wasn't the $1 trillion that temporarily vanished, but its unprecedented immediately rebound. By the final 15 minutes of the trading session, stocks reversed their intraday losses. When, besides never, has this ever happened in stock market history? Questions and Answers There are various explanations of why the 'Flash Crash' occurred and virtually all of them are unsatisfactory. The Wall Street Journal suggested a large order of put options by a hedge fund might have been a factor. Another report claims a $4 billion trade of e-mini contracts on the Chicago Mercantile Exchange was at fault. Others blame an errant trade made by someone that pressed the wrong button their keyboard. In Congressional testimony, S.E.C. Chairwoman Mary Schapiro said 'stub quotes' may have caused certain stocks to trade for 1 cent a share. 'The absurd result of valuable stocks being executed for a penny likely was attributable to the use of a practice called stub quoting,'' she stated. 'When a market order is submitted for a stock, if available liquidity has already been taken out, the market order will seek the next available liquidity, regardless of price. When a market maker's liquidity has been exhausted, or if it is unwilling to provide liquidity, it may at that time submit what is called a stub quote - for example, an offer to buy a given stock at a penny. A stub quote is essentially a place holder quote because that quote would never - it is thought - be reached.' While Schapiro's explanation sounds intellectually smart, she never explained why the S.E.C. allowed harmful stub quotes to exist in the first place. Since then, the S.E.C. has moved to ban the practice. Finding a Cure Any honest doctor will openly admit it's difficult to cure a problem when you don't know its exact causes. In fact, prescribing medication without knowing the source of the patient's problem could endanger their life. None of this, of course, has stopped Wall Street's cop, the S.E.C., from prescribing a wide range of experimental solutions. Better communication and oversight among the public exchanges that list securities and derivatives is being tried. Among the other fixes being tested are trading cubs also known as circuit breakers. The system acts as a sort of fire alarm that automatically halts trading for five minutes on any S&P 500 stock that rises or declines more than 10% within a five-minute period. How well have the fire alarms been performing? On June 2nd, the share price of Diebold ( DBD ) briefly fell 35% before circuit breakers went into effect. In other words, the problem of market crashes in both individual securities and broadly diversified benchmarks still hasn't been resolved. Do you believe in tame lions and tigers? How about tame markets? I don't. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-07-21,19.3591,19.364,18.8344,19.0132,
EXC,2010-07-22,19.0445,19.2536,18.7944,18.9458,
EXC,2010-07-23,18.9175,18.9175,18.3342,18.594,
EXC,2010-07-26,18.7104,18.7181,18.4104,18.5531,
EXC,2010-07-27,18.6878,18.9996,18.5072,18.9889,
EXC,2010-07-28,18.9419,19.2272,18.8726,19.2125,
EXC,2010-07-29,19.3455,19.3728,18.8432,19.0034,
EXC,2010-07-30,18.8833,19.0445,18.7025,18.9595,
EXC,2010-08-02,19.0386,19.2497,18.8774,19.2292,
EXC,2010-08-03,19.1411,19.3455,19.1217,19.2272,
EXC,2010-08-04,19.2702,19.3229,19.064,19.2379,"Bears try to pull the plug on utilities Utilities had a brief period of outperformance, and now the bears apparently think that the lights are dimming on the rally. In the largest trade of the day so far, optionMONSTER's Depth Charge tracking system detected the purchase of 12,200 September 30 puts on the Utilities Select Sector SPDR exchange-traded fund for $0.54. At the same time, an equal number of September 28 puts was sold for $0.13. This bearish put spread cost a net $0.41 to implement. The XLU fell 0.42 percent to $30.72 in morning trading. The fund is up 7 percent since the beginning of June versus a 3 percent gain for the S&P 500 index. However, that relative strength faded in July, when the sector lagged the broader market. The recent gains also brought the fund back near the same $31 level where it traded before collapsing in January. That could make traders think it will stuggle to make new highs from this point, causing them to position for a decline. Today's put spread is designed to leverage such a move, and will return about 380 percent if the XLU closes at or below $28 on expiration. That was roughly where it traded at the beginning of July. (See our Education section) Overall option volume in the fund is more than triple the daily average already this morning, with puts outnumbering calls by 285 to 1. The XLU's largest holdings include Excelon, Southern, and Duke Energy. (Chart courtesy of tradeMONSTER) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-08-05,19.1266,19.2067,18.9781,19.11,
EXC,2010-08-06,18.9917,19.1598,18.8501,19.1138,
EXC,2010-08-09,19.1871,19.2653,19.0914,19.2067,
EXC,2010-08-10,19.06,19.4616,18.9966,19.3083,
EXC,2010-08-11,19.1813,19.1813,19.0083,19.0327,
EXC,2010-08-12,18.6595,18.8501,18.6117,18.6967,
EXC,2010-08-13,18.6664,18.9126,18.6664,18.7514,
EXC,2010-08-16,18.6713,18.7485,18.5491,18.6781,
EXC,2010-08-17,18.8296,18.9556,18.7288,18.7485,
EXC,2010-08-18,18.7768,18.7865,18.4739,18.6527,
EXC,2010-08-19,18.5892,18.5892,18.2854,18.3849,
EXC,2010-08-20,18.2599,18.3665,18.1925,18.3146,"A roster of dividend-paying stocks to consider Attention frustrated, bored investors who have flown to safety: You can stop yawning. If bond yields leave you pining for more, Wall Street strategists have been busy plumbing the depths for stock names that offer both a modicum of safety as well as dividends paying healthy yields."
EXC,2010-08-23,18.4241,18.637,18.3625,18.3811,"Exelon’s Target, Estimates Boosted at Credit Suisse (EXC) Utility services provider Exelon Corporation ( EXC ) on Monday saw its price target and earnings estimates raised by analysts at Credit Suisse. The firm said it now expects EXC shares to reach $39, which represents a small downside to the stock's Friday closing price of $40.41. Suisse also boosted its earnings estimates for the company, citing a more favorable regulatory outlook, and maintained its ""Hold"" rating. Exelon shares were mostly flat in premarket trading Monday. The Bottom Line We removed shares of EXC back on Aug.1, 2008, when the stock was trading at $78.62. The company has a 5.20% dividend yield, based on Friday's closing stock price of $40.41. The stock has technical support in the $37-$38 price area. If the shares can firm up, we see overhead resistance around the $45 price level. We would remain on the sidelines for now. Exelon Corporation ( EXC ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.2 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-08-24,18.1759,18.3439,18.1388,18.1534,
EXC,2010-08-25,18.0625,18.2013,17.9131,18.1426,"The Best DRIP on the Market Pays a Solid 6.4% When the topic is the current market, a lot of pundits like to talk about ""the new normal"" -- that is to say, a range-bound stock market confined by a slow-growth economy . But when it comes to finding decent long-term returns, there's never been a more tried-and-true method than dividends. In fact, studies from Standard & Poor's estimate that dividends have accounted for about 44% of the stock market's total return during the past 80 years. A solid dividend-paying stock can offer significant downside protection in the market. Even better, when dividends are reinvested, you can build enormous wealth over time. For example, $10,000 invested into the S&P 500 in the third fiscal quarter of 1990 would leave you with about $23,700 today on price appreciation alone. But with dividends factored in, you'd have about $40,600 -- four times your initial investment and almost twice as much as without dividends. Reinvesting dividends is incredibly simple. All you need is a good dividend reinvestment plan , or DRIP, to get started. A DRIP is a type of account that lets individual investors buy shares directly from a company rather than from a broker. Shares are bought in one of two ways: 1) Direct purchase. This is when the account holder puts money in the account to buy shares of the public company offering the plan. Most DRIP account holders opt to buy shares at regular intervals, and are allowed to make transactions for as little as $25. 2) Dividend reinvestment. DRIP account holders can opt to reinvest their dividends in additional shares. Most DRIPs are a real service to investors. Once all the initial legwork is done (finding a good dividend-paying stock to hold for the long-term, registering with the DRIP, and choosing the intervals with which to purchase shares), a DRIP helps take care of an important psychological component of investing: it enforces discipline. Look for dividend-paying stocks with solid fundamentals and a track record of staying healthy in any market environment. This will save you the agony of sleepless nights worrying about whether the market is up or down. In the long-run, you as a DRIP investor win because you have two inevitable forces on your side: compounding and time. With these points in mind, I went on a hunt to find the best DRIP on the market using the following criteria: -- Market capitalization of at least $250 million -- Currently yielding at least +5% -- Dividend payout ratio of less than 80% Here's what I found: Any of the utilities in the table above would make a good option for conservative investors, but generally speaking the sector leaves a little to be desired for capital appreciation . Tobacco names such as Altria ( MO ) and Universal ( UVV ) offer nice payouts, but as my colleague David Sterman recently noted, the tobacco industry is in decline and should be avoided. [Read: Don't be Fooled by These High-Yield Stocks ] For my money, the best DRIP on the market is AT&T ( T ) . The company's unrivaled high-speed Internet subscriber base, U-verse broadband television service, fixed-line telephone and wireless phone divisions make it a diversified cash cow and a dividend investor's dream. AT&T's wireless division comprises almost half of sales and looks to be the company's next big cash cow, as its fixed-line business continues a slow decline. To combat the impact of data-hungry smartphone users on its network, AT&T has changed its wireless data pricing plans, eliminating its $30 a month unlimited plan and imposing penalties on customers who exceed their limits. AT&T customers have often complained of slow download speeds, and combined with increased spending and upgrades, this should ease the strain going forward. It's true that the AT&T is heavily dependent on Apple's (Nasdaq: AAPL) iPhone and could one day lose its exclusivity agreement. But aside from network improvements and other offerings such as Dell's (Nasdaq: DELL) new Aero smartphone, the company is working to improve customer loyalty with better pricing. Until the day comes when it loses exclusivity, it is little cause for concern. Action to Take --> If AT&T's new mobile pricing plans and network improvements take hold and the company can stay one step ahead of Verizon, the stock should make for a great long-term core holding for any investor. AT&T's dividend payout ratio of 61.6% last quarter means that the company is paying out less than two-thirds of earnings -- plenty of room to be considered a safe payout ($3.9 billion in cash flow helps, too). In fact, AT&T has a stellar track record of boosting dividends: the payout has grown an average of +5.5% annually during the past five years. At 12.5 times earnings, the stock is reasonably valued, but it hasn't offered an average yield higher than 5% in the past five years, making right now a great name to get in for the long-haul. -- Brad Briggs A graduate of Baylor University, Brad joined StreetAuthority in 2008 after working in the banking industry and at The Texas Observer. Brad's researching experience includes... Read more. Disclosure: Neither Brad Briggs nor StreetAuthority, LLC hold positions in any securities mentioned in this article. StreetAuthority The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-08-26,18.2277,18.3078,18.1094,18.1671,
EXC,2010-08-27,18.2501,18.5394,18.0997,18.4739,
EXC,2010-08-30,18.471,18.5452,18.3342,18.3665,
EXC,2010-08-31,18.3137,18.5217,18.1534,18.4573,"[""Exelon to Acquire Deere\u2019s Wind Energy Unit for $900 Million (EXC, DE) Electricity generator Exelon Corporation ( EXC ) on Tuesday said it would buy Deere & Company's ( DE ) Renewables unit, which operates several wind farms, for $900 billion. Exelon noted it would add 735 megawatts of wind energy and 230 megawatts under development via the acquisition. It also said it would use debt to pay for the deal. Meanwhile, Deere will take an aftertax charge of $25 million for the fourth quarter as past of the sale. \""As Deere sharpens its own strategic focus, we have concluded that the company's resources are best invested in growing our core equipment businesses around the world. We have chosen to place the wind portfolio with Exelon in part due to its demonstrated leadership in the energy industry,\"" said Deere CEO Samuel Allen in a statement. Both Exelon and Deere shares were mostly flat in premarket trading Tuesday. The Bottom Line Shares of EXC have a 5.18% dividend yield, based on last night's closing stock price of $40.52. Shares of DE have a 1.91% dividend yield, based on last night's closing stock price of $62.98. Neither Exelon Corporation ( EXC ) nor Deere & Company ( DE ) are recommended at this time, holding Dividend.com DARS\u2122 Ratings of 3.2 and 3.4 out of 5 stars, respectively. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Opening View: Deal-Making Fails to Lift DJIA Ahead of Fed The Dow Jones Industrial Average (DJIA) plunged 141 points on Monday, as traders continue to fret over the loss of momentum in the economic recovery. With several key reports on tap today, including the minutes from the most recent Federal Open Market Committee meeting, Monday's late-session sell-off has plenty of fuel heading into the open. In fact, futures on the DJIA and S&P 500 Index (SPX) are trading about 65 points and 7.8 points below fair value, respectively. With the Dow perched just above 10,000 heading into the open, it is likely that we will see this psychological level breached in early trading. What's more, the SPX appears poised to open near its lowest levels since July 7. Support for the DJIA could materialize near 9,950, while 1,035 is the next potential floor for the SPX should 1,040 fall. Finally, the CBOE Market Volatility Index (VIX) could be poised for a breakout above the 28-29 region - an area that has held the index in check since July 6. Merger and acquisition news continues to roll in this morning, as Deere & Co. ( DE ) announced the sale of its John Deere Renewables unit to Exelon Corp. ( EXC ) in a deal valued at $900 million. Exelon said that the deal will help it expand into the wind generation business through the addition of 735 megawatts of wind energy, including 230 megawatts which are currently under development. Deere plans to take an after-tax charge of approximately $25 million in its fourth-quarter results as part of the sale. Elsewhere, Cigna Corp. ( CI ) has acquired privately held Vanbreda International in a move to expand its global presence. Terms of deal were not disclosed. Vanbreda specializes in insurance and employee benefits for non-government organizations as well as corporate clients. \""There is little overlap between our current businesses and capabilities bringing mutual opportunity to both,\"" said William Atwell, president of CIGNA International. Finally, in earnings news, Dollar General Corp. ( DG ) reported second-quarter earnings of $141 million, or 41 cents per share, as sales rose to $3.2 billion from $2.9 billion a year ago. Analysts were looking for a profit of 39 cents per share on sales of $3.2 billion. Looking ahead, Dollar General lifted its 2010 adjusted earnings forecast to $1.68-$1.74 per share from $1.62-$1.69 per share. Earnings Preview On the earnings front, DSW Inc. ( DSW ) will release its quarterly earnings report today. Keep your browser at SchaeffersResearch.com for more news as it breaks. Economic Calendar The Case-Shiller home price index, the minutes from the most recent Federal Open Market Committee meeting, the Chicago Purchasing Managers' Index, and the Conference Board's Consumer Confidence Index for August will be released today, while the ADP report on private sector job growth in August will kick off three days of employment data tomorrow. Also on tap for Wednesday are the Institute for Supply Management's ( ISM ) manufacturing index for August, the July construction spending report for July, and August's auto sales. We'll get the weekly report on new jobless claims on Thursday, along with July reports on factory orders and pending home sales. The hammer drops on Friday with the Labor Department's numbers on nonfarm payrolls and the unemployment rate in August. The ISM will also release its services index for August. Market Statistics Equity option activity on the Chicago Board Options Exchange ( CBOE ) saw 692,508 call contracts traded on Monday, compared to 403,434 put contracts. The resultant single-session put/call ratio arrived at 0.58, while the 21-day moving average held at 0.63. **The volume data shown above is from the Nasdaq and NYSE exchanges only. It does not include regional volume activity, which means that other daily volume quotes you see may be higher.** Click here for the new summer issue of SENTIMENT magazine Overseas Trading Overseas trading is in poor shape this morning, as none of the 10 foreign indexes that we track are in positive territory. The cumulative average return on the collective stands at a loss of 1.20%. Asian markets finished broadly lower, though Japan's Nikkei outstripped the rest of the region with a plunge of 3.55%. In fact, Japanese shares closed at a fresh 16-month low, with investors bailing on exporters due to the continued rise in the yen, as the nation's currency continued to rise despite the Bank of Japan's efforts to further ease its monetary policy. In Europe, stocks were last seen broadly lower, as a weak session on Wall Street and heavy losses in Tokyo are weighing heavily on investor sentiment. Economic concerns remain at the forefront, as the euro zone's unemployment rate remained at 10% in July, despite German reporting its 14th consecutive month of declining joblessness. Currencies and Commodities For maybe the first time in two weeks, the Japanese yen is not the center of attention among commodities traders, as the euro has turned higher in the wake of reports that Germany's jobless numbers fell for the 14th straight month. That's not to say that the yen didn't continue its rally versus the dollar, as the Japanese currency shrugged off more comments from the country's top finance minister. Surprisingly, the U.S. Dollar Index is only off about 0.10% in the midst of this flurry of activity, with the index holding above support in the 83 region. In commodities, crude futures are being pummeled once again, dropping $1.01 to $73.69 per barrel. Finally, gold futures are down $3.40 at $1,235.80 an ounce in London. Unusual Put and Call Activity: For an explanation of how to use this information, check out our Education Center topics on Option Volume and Open Interest Configurations . Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up here for free daily delivery, straight to your inbox, before the opening bell. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""M & A: Good News....or Bad? M & A. That's mergers and acquisitions. They're all over the financial pages. Intel is buying Infineon's wireless division for $1.4 billion so the chip manufacturer can diversify beyond computers. HP or Dell will end up with 3PAR, a cloud-computing company, at a cost of $2 billion or more. Carl Icahn, the billionaire financier, is making a hostile tender bid for Lions Gate, the film and television producer. 3M is buying Attenti Holdings, an Israeli maker of remote monitoring technology used to track people, for $230 million. Exelon is picking up a division of Deere, a renewable energy unit, for about $900 million so it can enter the wind-power segment. Sanofi-Aventis is trying to buy Genzyme but the board won't accept the bid of $18.5 billion. The board is open to better numbers. There are many more. Is all this good for investors? Or is there some bad in there? Certainly one of the good attributes, especially if you own the companies that are being bought, is that the price of the stock goes up. You can sell your stock for more today than you could a few days ago. That leads to the next good part: investors (including management of the acquired companies) will have money to re-invest into the stock market or to buy goods or services. New liquidity, provided by the purchase, might loosen the purse strings of some of the holders, creating a little more demand in the economy. The same is true for stocks as investors look to replace a hole in their portfolios. Another positive: corporations are starting to use the money they've accumulated. As mentioned in last week's column, if money provided by the Fed isn't used, it doesn't help the economy grow. With corporations spending billions, that money will flow into the pockets of investors who will most likely spend it, either on investments or goods and services. Another one: when companies are willing to buy, it usually means valuations are attractive, that companies being bought are bargains. If they aren't, they are strategically important. But most M & A deals happen because the buyer's management think the acquired company will help earnings. The purchase price is a bargain compared to the stream of earnings that will follow. That suggests to investors that they should also be looking, that the time may be opportune to add to positions or start new ones, especially in sectors that are seeing the most M & A activity. Wall Street is usually involved in these deals. And the fees are huge, always in the millions of dollars. That helps keep employment high on the Street as well as real estate prices in Manhattan. Is that good or bad? No comment. One thing that is bad: look for layoffs in the companies that are bought. Usually the acquiring company wants to save money, especially when areas overlap, such as selling, general and administrative. If you work in one of the support divisions, say accounting, you may find yourself looking for another job. The acquiring company will most likely have a full accounting staff, able to incorporate the new duties. While this isn't always true, most M & A deals are followed by some job cuts, and most of those come from the acquired company. Another negative aspect: competition is removed. While some of the above transactions are being made outside the buyer's markets, most M & A deals are done with a competitor. In this weakened economy, many large firms look to consolidate the industry and eliminate some of their competition (they can't eliminate all of it since that would go against the anit-trust laws). With competition lessened, it gives the suriving entity better pricing power and more marketing muscle. That usually translates into higher prices for consumers. There are other aspects of M & A but these are ones that stand out for their significance. Investors should see them as good, especially if they own the stock of the acquired company. The economy, between the positive of the turnover of money, the new demand for stocks, goods and services and the negative of fewer jobs and less competition, may feel it as a wash. In general, at least for now, the balance would have to be tipped in the favor of good since all that money is starting to flow. - Ted Allrich August 31, 2010 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2010-09-01,18.6273,18.9126,18.4983,18.8833,
EXC,2010-09-02,18.9742,18.9917,18.7104,18.9126,
EXC,2010-09-03,19.0279,19.1685,18.9223,19.1364,
EXC,2010-09-07,19.0327,19.1548,18.9077,18.9223,
EXC,2010-09-08,18.9781,19.151,18.9556,19.0132,"High-dividend stocks to consider This week, many children are heading off to school, and as parents wave goodbye to their kids, most are likely wondering how they'll pay the mortgage let alone pay for college."
EXC,2010-09-09,19.1138,19.3083,19.1138,19.2536,
EXC,2010-09-10,19.3356,19.4706,19.2185,19.4089,
EXC,2010-09-13,19.5233,19.5457,19.3308,19.3455,
EXC,2010-09-14,19.3503,19.364,19.1177,19.1411,
EXC,2010-09-15,19.1217,19.235,19.0386,19.1685,
EXC,2010-09-16,19.1411,19.1598,18.9889,19.1011,
EXC,2010-09-17,19.2232,19.2232,18.9889,19.0864,
EXC,2010-09-20,19.1177,19.3885,19.0973,19.3728,
EXC,2010-09-21,19.3405,19.364,19.1411,19.1968,
EXC,2010-09-22,19.235,19.5564,19.2067,19.4549,
EXC,2010-09-23,19.3777,19.3777,19.1266,19.1548,
EXC,2010-09-24,19.3229,19.5818,19.3103,19.4803,
EXC,2010-09-27,19.5174,19.6336,19.4803,19.532,"Lights Out for 6 High Dividend Utility Stocks Utility stocks are often seen as stable investments that pay good dividend yields - relatively sleepy stock plays but safe buys. But the reality is that even high-yield dividend stocks can be toxic to your portfolio, and utilities that lose big value in shares don't make up for any dividends they pay. Take FirstEnergy (NYSE: FE ), an Ohio utility with a 5.9% yield. Dividend investors who thought they were getting high yield and a safe buy have had a rude awakening with FirstEnergy. The stock is off almost 20% year to date after some brutal earnings performances. That's hardly a safe buy - in the utility sector or otherwise. To help you avoid high-dividend utility stocks that may lose more than they pay out in quarterly disbursements, here's my list of six utility stocks to sell now. Veolia Environnement ( VE ) Based in Paris, Veolia Environnement (NYSE: VE ) provides water, wastewater, environmental, energy and transportation services. 2010 has been very unkind to this French utility stock, as the stock price has fallen 17.8% since January. Even worse, the stock is down 29.6% over the past 52 weeks, compared to moderate gains by the broader markets. In its last income statement, Veolia reported a quarterly revenue growth of 1.2%. Finally, Veolia is trading just a few dollars above its 52-week low of $23.13. If you haven't done so already, drop this utility stock. FirstEnergy ( FE ) FirstEnergy is a holding company that owns eight electric utility companies primarily in Pennsylvania, Ohio and New Jersey. The company is based in Akron, Ohio. This utility stock is down 17.9% year-to-date. Shareholders were equally displeased by the company's last income statement, which showed a 36% drop in earnings from a year earlier. Exelon ( EXC ) Based in Chicago, Exelon (NYSE: EXC ) is another electric utility holding company that makes the list. Exelon's major subsidiaries are Exelon Generation, Commonwealth Edison and PECO Energy. Since January, this utility stock has slid 12.1%, compared to small gains by the broader markets. More depressing for shareholders is the fact that Exelon is down 14.3% over the past 52 weeks. Like the other companies on this list, Exelon's earnings dropped 32.3% in the last quarter. Korea Electric Power ( KEP ) KoreaElectric Power (NYSE: KEP ) is an integrated electric company involved with the transmission and distribution of much of Korea's electricity. KEP owns six subsidiaries, which combine to generate all of the electricity in Korea. Since January, the stock has fallen 9.9% and the utility stock is down 10.6% since last September. The numbers have not been good for KEP in a while, and the company reported a net profit margin of 0.1% during all of 2009. Trading at $13 or so, KEP is only slightly above its 52-week low of $11.15. Entergy ( ETR ) Entergy (NYSE: ETR ) is another integrated electric company making the list. Based in New Orleans, Entergy is primarily engaged in electric power production and retail electric distribution. The company owns several power plants and runs a nuclear power generator in the U.S. 2010 has been less than stellar for Entergy, which has watched its stock price slide 5.7% since January. The long-term numbers for this stock are not much better, as Entergy is down 3.4% over the last 52 weeks. While the numbers may not be as bad as other stocks on this list, Entergy is still a utility stock to avoid. PPL Corp. ( PPL ) Another utility holding company on the list, PPL Corp. (NYSE: PPL ) generates electricity from power plants in the northwestern and western United States. The electricity generated is then distributed to four million customers in the United Kingdom and Pennsylvania. Over the past nine months, PPL stock has declined 14.8%. Additionally, PPL missed earnings estimates by a nickel last quarter, while posting a 10.1% quarterly revenue growth, year-over-year. If the past is any indication, PPL is a utility stock worth selling, considering the company's stock is down 13.8% over the past five years. As of this writing, Louis Navellier did not own a position in any of the stocks named here. Top 5 Stocks for the 4th Quarter Surge. Louis Navellier details five stocks set to deliver record earnings this October and jump 30%-50% in the next 90 days as the big money piles in. Get their names online here , including Louis' buy-below and target prices. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-09-28,19.5614,19.6258,19.3835,19.5086,"Hoeing the Rough Row with Porter Stansberry Hoeing the Rough Row with Porter Stansberry Source: Karen Roche of The Energy Report 9/28/10 http://www.theenergyreport.com/pub/na/7474 Three decades' worth of no-holds-barred credit led to oppressive debt for Americans and America. It left us a financial wreck; with our currency collapsing and efforts to spend our way back to prosperity stumbling at every turn. For more about Stansberry & Associates Investment Research Founder Porter Stansberry's take on the perilous predicament-and his coping strategies-read this exclusive Energy Report interview. The Energy Report: The National Bureau of Economic Research announced last week not only that we are out of the recession but that in fact, it ended in June 2009. They did note that it was the longest recession since the Great Depression. Did this announcement surprise you? Porter Stansberry: On one hand, I expected the authorities to come out and say everything is getting better at some point, and I also expected that pumping enough money into the economy could stimulate some economic activity. So, I guess in that way, I was expecting it. Then, in a deeper, more intrinsic way I wasn't expecting any significant improvement to the economy whatsoever. I would argue about the meaning of this conclusion, too, and point to measurements of our national net worth as being the appropriate gauge to measure whether we're experiencing any genuine economic growth. America's net worth continues to fall in terms of the average household net worth, and also, of course, our government's net worth is growing in the red dramatically every quarter. So while I'm pleased that there is more economic activity, I wish there was more employment, and that we were heading in the right direction in terms of growth of median incomes and net worth. But I'm unfortunately very pessimistic that any real increase to net worth, either measured by the government or by individual households, can be achieved when the government continues to paper over our problems with more credit and more money instead of making our economy more competitive on a global basis. TER: But measuring net worth as the true driver, hasn't individual net worth really been decreasing over the last decade? Wasn't the perceived net worth really based on debt? PS: The average household income has really stagnated since 1971. For a while, it continued to increase in terms of statistics, because more and more families had two wage earners. During the '70s, household income looked as if it was still increasing but factoring in the additional wage earner, it didn't change at all. And then it began to decline in the late '90s, and has continued down for the last 10-12 years. So in terms of household incomes, we've definitely gotten much poorer over the last 30 years, and that's just a measure of income. In terms of net worth, meaning all of our balance sheets-our assets minus our liabilities-America was richest on paper in the spring of 2007 before the start of the mortgage crisis and the real estate bust. TER: You're talking about individual net worth, not corporate net worth? PS: Exactly, talking about median household net worth, median household income. So, individual incomes have been stagnant and/or declining for more than 30 years, and individual net worth has fallen precipitously since 2007 and continues to do so. You can survive your income falling if it's not dramatic. Your income can decrease for a long time before you start living beyond your means. I think what's happened to America, in a cultural sense, is we stopped getting richer as a country in the early 1970s, but we haven't adjusted our consumption patterns in any way, shape or form to meet the realities of the new lower income. As a result, debt has piled up over the last 35 years. And of course as you add debt without increasing income, you're reducing your net worth. And look at the size of the U.S. federal government debt outstanding today-not the unfunded obligations; just the bonds that are outstanding-and you look at the federal government's annual revenue, the debt is now 356% of the revenue. If the federal government didn't own the world's reserve currency, you can imagine that it would be impossible for that government to get credit anywhere. No one would lend to an entity that's so far in debt as the government already is. And yet it's the government that continues to provide additional stimulus to the economy by adding to its already swollen obligations. So the government continues to pump money into the economy via expansion of credit and/or straight out printing money (via quantitative easing). That has a diminishing-returns effect, so people would argue now that ""cash for clunkers"" and TARP, etc., didn't do anything. In the middle of this train wreck, our currency is gradually being debased and efforts to restart the economy with additional spending aren't working. They probably can't work. How long does this continue? How much debt gets racked up before real, true panic sets in and people simply start to flee the currency at all costs? TER: How long? How much? PS: I don't know the answers. But I don't believe the current strategy is feasible. I think the only thing that really can be done-it would be painful, but less painful than the calamity we're heading toward-is to demand that people be responsible for their private obligations. No more bailouts, no more stimulus, no cash for clunkers. You, the American people, have to live within your means starting on this date. If we then defaulted on the U.S. government bonds, we'd tell our creditors, ""We're going to give you a certain percentage of our tax receipts, but we have to renegotiate our debt because we can't pay it back."" It would be really bad for six or nine months, but then I think things would be great because you would have washed out all the excesses, people could get back to work and the dollar would fall to a value that would make our economy very competitive on a global basis. TER: Demanding people live up to their private obligations on a par with the defaulting on U.S. government bonds strikes me as curious. On one side, I see individuals who have benefited least from any stimulus-in fact, many of them are unemployed, losing their homes and going into bankruptcy. The banks are the ones getting bailed out. PS: When I say that people have to be responsible for their private obligations, I'm talking about the big banks, right? If a bank actually had to be accountable to its depositors, there's probably not a major bank in the United States that would be open tomorrow. I mean we're all comfortable with the banks because we know that the printing press stands behind them. But that's no way to run an economy. For the economy to work, there has to be winners and losers and people have to be responsible for their obligations. We're living in a socialist dream right now, and it's going to end up becoming a socialist nightmare. These dreams always do. Creditors of people cannot continue to expect the government to guarantee every obligation. It simply isn't feasible. It can't be done. You can't guarantee every mortgage in the United States. You can't do it. Likewise, the U.S. government's creditors have to understand that there is such a thing as government default on debt. It happens all the time. If you make a loan to a government that is in as far over its head as our government, you're making a bad bet. TER: In terms of stagnant individual income, enormous obligations and declining net worth, is what you've described unique to the U.S. or would you also put other leading countries in that same bucket? PS: In scale, I'd say it's unique to America. The scope that we have continued to consume above our level of income is oppressive, and it was enabled by the fact that our paper currency is the world's standard. So we had no barriers to credit, which meant that we could borrow a heck of a lot more than anybody else and end up with a lot more debt than anybody else. The macroeconomic problem of stagnant-to-falling median household income is common throughout the developed world. That has only one cause, which is poor competitiveness. We don't work as hard as our Asian competitors, to put it in plain terms. But in America, unlimited access to credit exacerbated the problem. TER: To what extent has government debt increased to cover the increased credit provided to individuals? PS: Over the last three years, what's happened is a huge transfer of obligations from private balance sheets to public balance sheets, right? The biggest and most important example-which isn't even discussed in Congress or in Washington as being a problem, which is truly amazing-was shifting $10 trillion of obligations owed by two private corporations, Fannie Mae and Freddie Mac. We shifted responsibility for all those credits onto the U.S. Treasury. That had the impact at the time of doubling-doubling!-our entire national debt in one swipe of the pen. That's just an incredible transformation that took place when the government decided to guarantee all of Fannie's and Freddie's creditors, when you know what Fannie and Freddie really own with all that money they borrowed is pretty much every mortgage in the United States. You can see that we as a nation have decided that the government ought to be responsible for our mortgages. In a way, that's us saying we believe the government ought to be responsible for all of our private debts. TER: And where does that lead? PS: It's interesting isn't it? That was the goal of every socialist regime in history, right? And yet, here we are in America living in the new socialist utopia where no private citizen is really responsible for their private debts. It all becomes a matter of social obligation. You know, I don't think it's any real great surprise to any thinking person when I say I doubt this experiment has a happy ending. I don't think you can socialize everyone's private obligations and end up with a good economic result. TER: Is the only outcome some big train wreck? PS: I'd argue that we're in the midst of the train wreck. We're going to see a continual increase in sovereign debt around the world, even though, according to any standard model of repayment all the leading sovereign debtors are already bankrupt. I got a report in my inbox last week from Morgan Stanley ( MS ) in London, basically going over all the different sovereign debt problems. It's really amazing because this is sort of a mainstream investment bank, and they had reached all the conclusions I had reached independently, which is that all these Western countries are completely upside down. Their economies aren't growing, their populations are aging and there's no way that they can generate enough revenue to begin to repay their debts, which continue to grow every year. And all the evidence out there says that risks of a major, major financial catastrophe in the Western economies continue to grow. TER: Won't all the equity markets crash in that kind of catastrophe? PS: No, not necessarily. As I mentioned, I'm not particularly bullish, but in some situations equities offer better value than bonds, and in some situations stocks will do well, at least in the short term, because of exposure to Asia. But the truth of the matter is that equity offers you a hedge against inflation as well because the company's earnings and the company's assets will continue to grow in price along with inflation. In theory, dividends also should increase to match inflation. The case study here is the share price of The Hershey Company ( HSY ). I have studied the price of chocolate and Hershey's bars over the last 70-80 years. Hershey went public in 1926; so, it offers a really nice template to see how changing rates of inflation and even periods of financial catastrophe such as The Great Depression affect a blue chip stock. The answer was really fun; it turns out that chocolate is a slightly better hedge against inflation than even gold. So, the world's leading branded maker of chocolate did quite well, thank you, and there are plenty of other examples from businesses of all stripes. Companies that have a good competitive position can typically raise prices as much as inflation, or more. Equities should do well even in hyperinflation. The downside is that during periods of hyperinflation, the earnings multiples on equities disappears. So, even really good companies like Hershey and Wal-Mart and Johnson & Johnson will be trading at four, five or six times earnings, maybe even less. And that's really tough for investors if you happen to buy the stock at 12 times earnings or-heaven forbid!-at 18 times earnings. That reduction in the earnings multiple can wipe you out. So that's why I've been telling my readers to be extremely, extremely, extremely conservative. Buy the very best companies only when they're trading at absurdly cheap prices and offering you a nice yield to protect you. And if you're not willing to short stocks as well, don't buy stocks at all; stay in cash and gold. If you had been in cash and gold this year, you would have been just fine. If you had been following my portfolio, you would have done very well, too, not because we did great with the stocks we bought, although they did okay, but we did great with the stocks we shorted. TER: So, looking through to the end of 2010, will you maintain an aggressive shorting strategy? PS: I have pulled back the reins on new shorts; I haven't added to my short position in the last two months due to the return of quantitative easing. I expect we'll probably end up covering most of our short book before the end of the year. After that, it depends on whether we find good opportunities to short on an individual company basis, and it depends on how the markets and the asset prices react to the quantitative easing. I can't make any prediction about what exactly our strategy will be in 2011 because we're not there yet. I'm still trying to survive 2010. TER: The default discussion has been going on for quite a while, and with elections coming up, it seems that we can expect either additional stimulus or quantitative easing. What's the straw that finally breaks the camel's back? PS: I can only tell you that no one really cares about a creditor's debt load up until the moment that everyone cares. The Greek bond yields didn't move at all until the market went into a panic six months ago over them, and yet the creditors all had the data on the way the Greek economy was working for years. I vividly remember reading commentary in the late 1990s of well-known economists saying there's no way Greece should ever be part of the EU because they have a kleptocracy, basically a government of thieves. But they still were able to borrow money on ridiculous terms up until the moment people decided not to lend them anymore. TER: Well, they're actually still lending them money. PS: Yes, but only with that $185 billion bailout fund standing behind the Greek credit. Otherwise, no one would have lent them any more money. Greek bonds that are denominated in euros are not going to default. Rightly or wrongly, creditors believe that they can get an extra 200 basis points at yield by buying Greek debt instead of German bunds, because to the creditor it's the same thing. Now that the Germans have not allowed the Greeks to default, in reality the credit risk of the Greek bond is no more or less than the German bund. So you're giving speculators all the basis point difference for free. That's the way they see it. Even more interesting than the fact the Greeks were bailed out, the stock market has picked up noticeably in the last several weeks, which coincides exactly with the beginning of the latest European quantitative easing. The same thing happened in the spring of 2009 in the U.S.-asset markets and asset prices of all types start going higher every time there's more quantitative easing. It's not because those assets are becoming more valuable, but because people are fleeing the currency every time the printing presses come on. TER: And how likely is more quantitative easing in the cards in the U.S.? PS: The answer is absolutely, 100%, for sure, yes, there will be. And I think it will cause asset prices to rise. I don't think it will cause our economy to have any real benefit. Of course, it's not just the federal government that's in big trouble. If there were a real rating agency, California's rating would be lower than Greece's. I read somewhere that something like 300 separate agencies have the power to issue bonds under State credit in California. And there are going to be bankrupt municipalities all over the United States; Harrisburg, the capital of Pennsylvania, declared bankruptcy this month. TER: Earlier this year you advised your readers to not be upset to be sitting in cash and be really careful about the markets because there's tremendous volatility. For those who didn't want to truly hedge themselves in equities, you recommended short-term Treasuries and gold. If asset classes are going to increase in value in every quantitative easing, why wouldn't you recommend equities? PS: When the quantitative easing started in March of 2009, I was wildly bullish, the most bullish I've probably been in my entire career. I told people straight out that equities are much cheaper than precious metals; they're cheaper than bonds. I did put my readers into a lot of stocks in 2009, and we made a lot of money. This year, the Fed had promised to stop its quantitative easing, which made me very cautious because I believe as soon as the quantitative easing stopped, asset prices would fall again. And so I've recommended more individual short positions this year than I ever recommended before. TER: How's that working for you? PS: I think I recommended at least eight new short positions, and so far, not surprisingly, all of them have been profitable, some wildly so. Now that the quantitative easing is beginning again with the Europeans, I think that will be seconded at some point by the U.S. and, therefore, I think it is time to consider buying stocks again. But I'm simply not as wildly bullish as I was before because on an overall basis, stocks in general aren't as cheap as they were in March of 2009. Having said that, I think there are some uniquely good values out there-most notably global blue chip companies that are exposed to growth in Asia. You don't have to be a stock analyst to know these companies because you're familiar with their brands-Johnson & Johnson ( JNJ ) and Wal-Mart Stores Inc. ( WMT ), Intel Corporation ( INTC ) and Microsoft Corporation ( MSFT ). You'll find a lot of situations where you can buy global blue chip businesses that have big exposure to Asian growth where your dividends in the stock are going to pay you more money than buying the bonds! That's an incredible anomaly. TER: Do bonds currently represent more risk or is this purely a yield calculation? PS: I don't want to scare people out of high-quality bonds. I am not expecting any sort of corporate bond market catastrophe in the near term, and as long as you're dealing with relatively short duration stuff you will be fine. If you're buying a bond that matures in five years, you're taking some inflation risk, but not really all that much. But still. . .why would you take any inflation risk in a bond when you can buy stock in the same entity that is yielding more? You wouldn't. And yet, some people are doing exactly that. . . TER: Point taken. Are you shorting U.S. Treasuries? PS: Not any more. I got out of that trade a couple of months ago because it started to go against me, and I didn't want to have a loss, but I think you're completely out of your mind if you buy U.S. Treasuries that are yielding-what are they yielding now?-less than 3%? It's mind-boggling; I can't begin to understand it. I really can't. People holding long-term-i.e., 20-year-U.S. paper are sitting on a ticking time bomb. The losses in this asset class will be epic, of historic proportions. TER: In our last conversation, you predicted something that was extremely contrarian at the time, when you said that the total environmental impact from the Gulf spill would not be as draconian as was being published. You also suggested at that time to buy BP Plc (NYSE:BP; LSE:BP) and Anadarko Petroleum Corp. ( APC ) because they were undervalued, and indeed, both BP and Anadarko have had some pretty nice increases since July. Is there any continuing upside on these types of oil stocks or will an overhang of negativity restrict these stocks from reaching their former highs? PS: Well, full disclosure, I ended up buying both equities this summer. That I own them both personally should tell you a little bit about what I expect. Obviously, I must believe there's more upside to each stock or I wouldn't own them. But we have a policy as newsletter publishers; I don't write about any position that I am in and I don't buy the stocks that I cover in my newsletter. I understand the argument about having skin in the game, but as an independent publisher, it's very important to analyze each situation and each company completely objectively without giving any thought to whether I am in the stock personally. TER: When we had that conversation, the issue of increasing regulations on offshore oil drilling was constantly in the news. It isn't getting much attention now, but do you feel there will be any significant regulatory changes as a result of the spill? PS: No. Any regulatory effort will be captured by the industry and would be used to protect the incumbents against new competitors, and I am sure that will happen. As a nation, we need onshore and national oil and gas production, and I am sure we're going to continue to have lots of it. So I am not at all concerned about the regulatory burden for any of the oil companies in the country. And I'll go a little bit further. There's been a lot of talk about the risks of fracking and these gas reservoirs. Someone made a movie suggesting that an oil company in the area was responsible for people having natural gas in their water wells. While I'm certainly not denying that oil and gas reservoirs sometimes leak into water reservoirs, it goes on all the time as a consequence of natural geography much more so than drilling pipes, which are usually less than four feet across. It's much ado about nothing, and the oil industry has always had its critics, going back to Rockefeller and Ida Tarbell. People making claims against oil and gas companies are as old as the oil and gas business. TER: As you've noted before, the world will continue to rely on oil because it's such an efficient form of energy, relatively easy to find and extract, dense and portable. Considering the growth in Asia you alluded to earlier, do you buy into the peak oil argument? PS: No, peak oil is one of the greatest promotional ideas ever created to the benefit of oil and gas speculators and investment bankers. To me it represents such bad thinking and it's so intellectually bankrupt that I get frustrated just commenting on it. It just doesn't make any sense because if peak oil were a real phenomena, if it were truly possible to exhaust the world's reservoirs of hydrocarbons in the earth's crust, how come every single prediction of when hydrocarbon production will cease has been wrong, every single time in every single region? One of the graphs that the peak oil guys would pull out in early 2000 showed onshore natural gas production has been declining since 1974, and that chart was accurate up until 2001, when we discovered a new way of extracting natural gas. Ever since then, natural gas production has gone up, and is now approaching a new all-time high. The point is that our ability to produce hydrocarbon energy-oil and natural gas-is not limited by the supply of hydrocarbon energy, it's limited by our knowledge and technology for extracting it. Human beings are remarkably adaptable and resourceful and creative, and we will continue to discover new and more efficient ways of creating, extracting and using hydrocarbons. The idea that we will run out of hydrocarbons is mostly used to scare people who probably shouldn't be investing their own money. TER: Given that and what a barrel of oil trades for, is oil a good investment at this point or will it really just be going sideways? PS: Is oil a good investment? Oil is really a good investment over the long term because it is remarkably useful to such a degree that the lower the price goes, the more people will use it, which tends to put a floor under its price. If you study the history of oil, you know it certainly goes down a lot sometimes when people start using less of it because of economic declines. But it doesn't stay down very long, and it always comes back and goes higher. So oil is a great investment, but that said, I am very conservative about buying oil today due to the economic problems I expect in a lot in the major developed countries. With those problems, I don't think global demand for oil is going to go anywhere for a while, and I know the supply is increasing dramatically because of new technologies and new discoveries. So I am not particularly bullish on oil right now, and I don't expect to become bullish on oil for a long time. But that doesn't mean that oil is a bad investment, and it doesn't mean that you can't do very well buying lots of different aspects of the oil complex. TER: Are you still bullish on nuclear energy? Do you still see undervalued companies in the sector? PS: Yes, I'm still relatively bullish on nuclear energy on a global basis, but when we talked last I was particularly bullish on both Exelon Corp. ( EXC ) and Duke Energy Corp. ( DUK ) because they were really, really cheap. They were trading for four or five times cash flow, and yielding more than 5%, which seems like a fantastic opportunity in an era of less than 1% government bond yields and all the other uncertainties. Both of these companies remain undervalued. They're both well run, regulated utilities. I would favor Exelon a little bit over Duke just because they have more of a nuclear plant, and I am still very wary of cap and trade. I don't know if cap and trade will pass this year as I once anticipated, but unfortunately the global warming madness is not going away. Efforts to retard the consumption of coal here will be continual. If you want cheap, reliable electricity in the United States, you're not going to do it with paddle fans and mirrors on top of buildings. If you want to get off of hydrocarbons, the only option that's even reasonably affordable is nuclear energy. TER: You've been really savvy at picking out opportunistic investments themes. You've shared some today with the global blue chips. Are you looking at any new investment opportunities that you can share with us? PS: Just to reiterate, I really think that the highest quality blue chip companies in America that have good global businesses are really cheap. Most people don't realize that Wal-Mart does more than $100 billion-$100 billion, with a B-a year in sales in emerging markets. They're just now really getting going in China, and just opened their first couple of stores in India. So I think Wal-Mart has an enormous amount of growth ahead in those markets. I would also point to Intel, which is also in my newsletter as a recommended buy for the same reasons-super cheap, great global business, the absolute leader in its field-as with Wal-Mart, as with Johnson & Johnson, as with Microsoft. I like all those kinds of blue chip stories, and I really think it's an exceptional opportunity when you can get these stocks that have a great global business and are paying you more in dividends than you'd get from coupons on their bonds. But let me be perfectly clear about this: I am not expecting any home runs, you know? If you can make 10% to 15% a year in these stocks over the next 10 years, count yourself lucky. TER: At the beginning of our conversation, you were talking about how household net worth has been deteriorating. How does one build wealth at that rate? PS: Those are actually very, very good returns-exceptional returns. TER: Assuming inflation doesn't take it away. PS: Right, assuming that. But of more than 21,000 mutual funds in the U.S., do you know how many did better than 10% a year for the last 10 years? Not even 250 of them. And you know what else? All of those funds that did better than 10% a year specialized in either precious metals or emerging markets-all of them. You're not going to get rich just by buying domestic U.S. stocks. I just don't think it's going to happen. If you want to do well in this period of global turmoil, in this period of very, very poor competitiveness in the U.S. and in the developed economies compared to the emerging economies, you have to really pick your spots like I did when I bought BP and Anadarko. You can make money on a crisis like that, or you need some real specialty in finding the right kind of resource situations. That entails taking on enormous risk, which isn't appropriate for most retirees. But a typical individual investor, someone over the age of 50 with net worth of less than $1 million, really the only thing you can expect to do for the next 10 years is just survive. The best way to do that is to buy these really good global blue chip companies when they're paying reasonable dividends. If you're making 5% a year on the dividend on something like an Exelon, the stock doesn't have to go up all that much for you to get to that double-digit return. TER: That's encouraging. PS: It is. If you're getting a double-digit return on U.S. stocks, you're doing a great job. TER: Very good. Would you expect better than double-digits in U.S. stocks that focus exclusively on emerging markets? PS: I would, but I also would caution anybody against getting involved as a direct resource play investor or a direct emerging markets investor if they don't have a lot of financial experience and expertise. Those markets are very difficult. This is what I do full time and it's not easy for me, so I just don't think that's appropriate for most people. That's why I've told my readers if they're not willing to short stocks, go to cash and gold and just sit on it, because it isn't going to be a great year in stocks. It's not going to be worth the risk. So far, fortunately, that's been the right advice. You have to realize the enormity of the problems our governments have gotten us into and you can't forget about them. There was a $185 billion bailout in Europe? Well, Europe's governments are $3 trillion in debt. That little bailout that kept Greece will not solve their problem. Likewise, $1.7 trillion of quantitative easing in the U.S. is tiny in contrast to $15 trillion in debt. In other words, we're at the very beginning of these problems. They haven't gone away. If you try to get really aggressive under these circumstances, if you try to go after growth stocks or start buying whatever the latest commodity is, you'll end up taking a beating. In this environment, it's going to pay to be cautious. TER: Very good perspective. Thank you, Porter. After serving a stint as the first American editor of the Fleet Street Letter, the oldest English-language financial newsletter, Porter Stansberry put out his shingle at Stansberry & Associates Investment Research, a private publishing company. Celebrating its 10th anniversary last year, S&A has subscribers in more than 130 countries and employs some 60 research analysts, investment experts and assistants at its headquarters in Baltimore, Maryland, as well as satellite offices in Florida, Oregon and California. They've come to S&A from positions as stockbrokers, professional traders, mutual fund executives, hedge fund managers and equity analysts at some of the most influential money-management and financial firms in the world. Porter and his team do exhaustive amounts of real world, independent research and cover the gamut from value investing to insider trading to short selling. Porter's monthly newsletter, Porter Stansberry's Investment Advisory , deals with safe value investments poised to give subscribers years of exceptional returns, while his weekly trading service, Porter Stansberry's Put Strategy Report , shows readers the smartest way to book big gains during the ongoing financial crisis. Want to read more exclusive Energy Report interviews like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our Expert Insights page. DISCLOSURE: 1) Karen Roche of The Energy Report conducted this interview. She personally and/or her family own shares of the following companies mentioned in this interview: None. 2) The following companies mentioned in the interview are sponsors of The Energy Report: None. 3) Porter Stansberry: I personally and/or my family own shares of the following companies mentioned in this interview: BP and Anadarko. I personally and/or my family am paid by the following companies mentioned in this interview: None. Streetwise - The Gold Report is Copyright © 2010 by Streetwise Reports LLC. All rights are reserved. Streetwise Reports LLC hereby grants an unrestricted license to use or disseminate this copyrighted material (i) only in whole (and always including this disclaimer), but (ii) never in part. The GOLD Report does not render general or specificinvestment adviceand does not endorse or recommend the business, products, services or securities of any industry or company mentioned in this report. From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles on the site, may have a long or short position in securities mentioned and may make purchases and/or sales of those securities in the open market or otherwise. Streetwise Reports LLC does not guarantee the accuracy or thoroughness of the information reported. Streetwise Reports LLC receives a fee from companies that are listed on the home page in the In This Issue section. Their sponsor pages may be considered advertising for the purposes of 18 U.S.C. 1734. Participating companies provide the logos used in The Gold Report. These logos are trademarks and are the property of the individual companies. Streetwise Reports LLC P.O. Box 1099 Kenwood, CA 95452 Tel.: (707) 282-5593 Fax: (707) 282-5592 Email: jmallin@streetwisereports.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-09-29,19.4402,19.4666,19.2868,19.4089,
EXC,2010-09-30,19.49,19.532,19.2086,19.2995,
EXC,2010-10-01,19.4441,19.5233,19.2868,19.5037,
EXC,2010-10-04,19.4549,19.5946,19.2379,19.3591,
EXC,2010-10-05,19.485,19.49,19.2536,19.449,"Byron King: Opportunities Across the Energy Spectrum Byron King: Opportunities Across the Energy Spectrum Source: Brian Sylvester of The Energy Report 10/5/2010 When it comes to energy, Newsletter Editor Byron King likes to keep his fingers in a lot of pies. He doesn't limit his coverage to U.S. or even North American companies. He literally travels the world to find unique investment opportunities for his loyal subscribers. In this exclusive interview with The Energy Report, Byron discusses his recent trip to Serbia and some his favorite uranium plays. The Energy Report: Byron, you edit Agora Financial's Outstanding Investments and Energy and Scarcity newsletters. What's the difference between those publications? Byron King:Outstanding Investments focuses on large-cap companies and Energy and Scarcity deals with smaller-cap companies. I cover energy investments in both and, in particular, oil and gas, oil services, uranium, geothermal and other energy cats and dogs. I get into oil sands in Canada, shale gas in the U.S.-things like that. TER: You also write for Whiskey and Gunpowder, which goes out to a broad audience well after the information is published in Outstanding Investments and Energy and Scarcity. In a recent issue, you reported that the Obama administration could soon loosen the restrictions on offshore drilling in the Gulf of Mexico ( GOM ) that were imposed after BP's Macondo accident. What are you hearing on that now? BK: Well, I'm not hearing anything different. On one hand, you've got Michael Bromwich-the new head of what was called the Mineral Management Service, which is now the Bureau of Ocean Energy Management. He's saying we will have deepwater drilling. You hear these good things, but then you hear the government wants to have more knowledgeable, independent regulators overseeing offshore drilling. My question is: Who are these human beings? Only a handful of people in this country are physically and intellectually qualified for that job. I don't know who the government will find or how quickly these people could be hired and trained. The current moratorium is supposed to expire Nov. 30, 2010-28 days after the election. A lot is going to happen between now and the election and between the election and Nov. 30. Yes, the moratorium may expire; but will the people overseeing these things still be around to implement the changes? The oil industry is desperately hopeful it can get back to deepwater drilling. This is costing a lot of people a lot of money. You've got rigs and rig crews that are idle. To the industry's credit, it hasn't had mass layoffs because it might not get those people back when they're needed. Only a handful of rigs has left the GOM. It's a question of how long the oil industry can absorb this hit. Every one of those idle rigs has probably 1,500 jobs directly associated with it. TER: You recently interviewed Chevron Corporation's ( CVX ) Ali Moshiri, who's dealt with offshore drilling in his 30 or so years with the company. He's dealt with wells much deeper than Macondo. What did he have to say about offshore drilling in the GOM? BK: Ali is the head of Chevron's Latin America/Africa division, which produces about 850,000 barrels of oil per day (bpd), or about 1% of the world's daily oil output. That's a lot of responsibility. As a deepwater developer, Chevron has a very large, very aggressive offshore program. It drills a lot of wells that are deeper than the Macondo. That well was in 5,000 feet of water; Chevron's drilling wells in 10,000 feet of water. Macondo was not at the limits of modern technology. Mr. Moshiri said that if Chevron can get the U.S. regulatory climate working, it has great hopes for continuing to drill deepwater wells in the GOM. There are super huge oil fields out there-that's where the big oil is. There's a lot of oil left to find onshore, but finding any more Saudi Arabias or Kuwaits onshore is going to be difficult. The Brazilians have found the equivalent of Iraq off the coast of Brazil. They're very humble about it, saying: ""Yes, we found 15-20 billion barrels of reserves,"" or what have you. But, when you talk to the people who really know, it's more like 5x-6x that amount. They just don't want to talk about it for political reasons. People in Brazil have visions of sugarplums in their heads and have already spent the money they're not going to see. I mean, this money isn't going to come in for 20-30 years, but it's already spent if you talk to the Brazilian politicians. TER: Last time you talked with us, you mentioned some drilling suppliers that have seen their share prices hit by the drilling moratorium. What suppliers could benefit from a reverse on the moratorium? BK: When the moratorium kicked in, the oil service group declined pretty much across the board because GOM deepwater drilling is a big part of their business. I've looked at a couple of companies that I think have great fortunes in front of them. Schlumberger Ltd. ( SLB ) is always too expensive; that's because it's such a good company, it never gets cheap. If Schlumberger ever gets cheap, buy your shares when you can. Right now, I think Schlumberger is in that $50 range. It's a really nice play over the next 12-18 months. Oil is under $75 a barrel; but if it goes to $85 or $90, that $60 share could go to $90. Another great company tainted by the BP blowout that will do well in the future is Halliburton Co. ( HAL ) -a key player in deepwater around the world. It helped Petrobras ( PBR ) drill the original Tupi offshore well in Brazil where 8 billion barrels of oil were found. Halliburton supplied the equipment and did the cementing job, as well. But I live in Pennsylvania, where we talk about the development of the Marcellus Shale. Some of the most difficult, most complicated wells being drilled in the Marcellus are being drilled by, or in cooperation with, Halliburton-its technology is critical to future energy development. Another large oil services company that I like is Baker Hughes Inc. ( BHI ) . The stock has been down; but they just hired a new CEO, so I think we'll see more of an emphasis on the bottom line. It will become more profitable and, as a result, Baker Hughes will see very significant share-price appreciation over the next 12-18 months. TER: You recently visited Serbia. When most people think about hydroelectric power, they think of state-run utilities-not necessarily investment opportunities. Yet that's precisely what you saw on your recent visit to Serbia. Tell us about what you witnessed there. BK: I looked at a couple of different energy projects, one of which represents one of the most important new hydropower developments in Europe. Serbia is in the Balkans, a series of mountains. People might not really have an appreciation for how much snowpack is there in the winter. Serbia gets a lot of water, so it has pretty significant rivers. In the days of communism in old Yugoslavia, the communists wanted to dam up every river; but with limited resources, not everything got built. When Yugoslavia fell apart in the 1980s, and then during the wars of the 1990s, everything just stopped; the region saw zero development for years. Now comes along a very nimble Canadian company called Reservoir Capital Corp. (TSX.V:REO) , which managed to get into former Yugoslavia in the last few years and pick up the concessions to build two low-head hydro dams on the Lim River in southern Serbia-where the communists wanted to build one of these giant dams. Today, you can't build a gigantic dam for environmental reasons; but you can build two much smaller dams and still capture a lot of potential power. You're right; it's very uncommon to associate big hydro developments with private capital. But Reservoir has a license and solid support from the Serbian government and a lot of the preliminary engineering work is already done. I visited the site. There's a whole lot of water coming out of those mountains in the middle of August, let alone when the rains come in September. TER: I suppose such a cash-strapped country doesn't have the money to develop these resources, so they have to privatize them. BK: Yes, only in the last few years has Serbia made a comeback in terms of rebuilding its economy. But where are you going to get the capital to build a dam? A small company like Reservoir has been able to get the concessions, do the engineering work and build good relationships with the government and various communities around the dams. Reservoir is now negotiating a power purchase agreement ( PPA ) with electric utilities in Italy, which is not far from Serbia. There is electrical infrastructure there to wheel the power. Once you get the PPA nailed down, that is a bankable document; you borrow against it for the capital to build the dam. TER: Reservoir is also exploring for copper and gold, as well as geothermal there. BK: Now you're getting into the other side of Reservoir. I like it as just a hydropower play, but this is the sweetener. It has also gained control of numerous geothermal sites in Serbia, which I visited. There's so much hot water bubbling out of the ground; 2,000 years ago, the Romans built a bath in one of those areas. That's actually one of Reservoir's issues-the geothermal sites are right on top of priceless archeological sites. But that part is doable. The company's got boiling water coming up to the surface and, in other places, it has steam. Reservoir could do primary geothermal-using just the steam-or it could use a binary system wherein hot water is used to spin a turbine. The question is: Will the company do it as Reservoir, or will it spin out the geothermal assets into another play? If that's not sweet enough, Reservoir has also gained control of mining concessions next to one of the largest copper mines in Europe-Bor in southeastern Serbia. It's been an open-pit copper mine for probably a century. It is a gigantic mine that, quite frankly, is an environmental mess. But the spoil pile from this environmental mess contains higher-grade copper than is mined in most of the rest of the world. The company also controls the mining rights north and south of Bor and on strike. Reservoir's been conducting an aggressive drilling program. I could literally put my finger on the copper ore in the core they pulled it out of the ground. TER: It's almost like Reservoir met with the government officials and went on a one-stop shopping spree. BK: It was one-stop shopping. But I guess it's more like Reservoir was nimble enough to get into the country when it started to form a new government after the civil war. It's really quite a story. I don't want people to be confused by the fact that it's a mining, geothermal and hydropower play. Reservoir's a great company. If you buy a share-in a year or 18 months, you could wind up with three different shares of stock. TER: But did the Serbian government give too much away? BK: These are not sweetheart deals. I mean these deals have work requirements; they have timetables. Fortunately for Reservoir, its management is good enough to do all these things. They've hired local people to do a lot of the work. I've met the company's world-class geology team. These guys are really good and they know their stuff. Reservoir employs geologists who have this classical, old European-style training mixed with the ability to work with modern technology. That's a rare combination. TER: You mentioned geothermal there. We recently interviewed Edward Guinness of the Guinness Atkinson Alternative Energy Fund. There are 30 companies in that fund but only two are geothermal companies. He said the reason for that is because geothermals are ""lower-quality companies"" that they might have concerns about, and that the number of companies in the space has been trading at very, very high multiples. Would you agree? BK: I wouldn't disagree with it. If you want to own a share of the largest privately owned geothermal company in the world, you should buy a share of Chevron because it produces more geothermal power than anybody-and does it in Indonesia. Not long ago, I asked the Chevron people why they weren't doing geothermal in North America. In a very diplomatic way, they said that in North America they would rather use their money to drill oil wells. This is Chevron-a sophisticated, well-financed company; and that's what they think when they look at North American geothermal. Don't do it. Drill for oil instead. Of course, that's Chevron. TER: I'm sure drilling for oil is more cost effective because they already have oil infrastructure in place in America. The geothermal companies still have to build it. BK: You have a couple of different things going on in North American geothermal. You have a bunch of speculators who've gone around Idaho and Nevada and eastern Oregon buying up the low-hanging fruit in terms of controlling the leases. But they're grossly undercapitalized and largely unable to develop those assets. In public hands, you've got a number of smaller geothermal companies with limited capital. What they're doing, they're doing slowly. Their share prices tend to bounce around depending on which newsletter writes a good article about them. It's a tough way to make a living. Now you're starting to see ""rollups."" You've got the Magma Energy Corp. (TSX:MXY) power play. You've got the Ram Power Corp. ( RPG ) play where management has started to bring some smaller companies into the fold. Ram Power brought in Polaris Geothermal Inc., which was working in Nicaragua. They brought in Western Geothermal Partners LLC, which was working in the geysers of California and in Chile. They're kind of cat-and-dog plays, but they're trying to roll them up into a larger play. I think there is a good future for geothermal in the U.S. electric mix. It's baseload power. There are good tax benefits to it. Environmentally, it's a no-brainer because there are no CO2 emissions. I was talking to a guy who was drilling a geothermal well in California's Napa Valley. He said: ""I've drilled oil wells and I've drilled geothermal wells. I'm using almost the same rig, the same pipe and the same drill bit to drill a geothermal well in California; but I've got people inviting me to their houses for dinner, so I can tell them about this geothermal project. If I was drilling an oil well, I'd have to have armed guards."" But you shouldn't dismiss Mr. Guinness' critique out of hand. The geothermal sector does have a lot of lower-quality companies that have traded, over the past couple of years, at multiples that were simply too high. TER: Let's talk about uranium. John Rowe, CEO of Exelon Corporation ( EXC ) , which is the largest nuclear power producer in the U.S., recently told Bloomberg that ""as long as natural gas is anywhere near the current price forecast, you can't economically build a merchant nuclear power plant"" in the U.S. Are low natural gas prices inhibiting the price of uranium? BK: That's a good one. Well, considering how many plants Exelon owns, I'm not about to tell the CEO he doesn't know what he's talking about. But here's my view-we've heard a lot of really good news about natural gas in the U.S., basically because of the shale gas plays. Technology has unlocked literally hundreds of trillions of cubic feet of new natural gas. People are talking about many decades' worth of abundant, cheap natural gas-maybe a century or more of supply. My concern with that is the hype. I think the U.S. energy economy has 10-15 really good years in front of it, based on shale gas. Then I think we will have some serious gas issues facing us by the year 2025, and certainly by 2030. When you look at permitting, construction and operating cycles, 2030 is not that far away. The people not building nuclear plants are going to be sorry in about 15-20 years when the natural gas situation tightens up in North America. When you look at the rest of the world, there are lots of nuclear reactors being built. China, Brazil, South Africa and some parts of Europe are taking a hard look at nuclear power. That's creating a buying opportunity for good uranium plays right now. TER: What are some of your favorites in that space? BK: My absolute immediate favorite play is Uranium Energy Corp. (NYSE.A:UEC) . That's because UEC has managed to resurrect the uranium-solution mining industry in the great state of Texas. It's re-established the uranium production industry that, literally, collapsed in a matter of months back in the mid-1980s. Companies like Westinghouse Electric Company LLC, U.S. Steel Corp. ( X ) and Union Carbide Corporation shutdown, took their exploration and production materials and stuck them in warehouses. UEC has put all that back together in the last couple of years, starting with one major project southeast of San Antonio where UEC will be producing uranium by about November. UEC is on the cusp of having cash flow with a modern, environmentally responsible uranium-mining program. I don't mean digging dirt-I'm talking about in-situ leaching, which, basically, pumps hydrogen peroxide down one hole to dissolve the uranium in the sands, and then pumps it up another. There's a special resin that they use to remove the U3O8 and make yellow cake. I've been there, seen the site and the holes in the ground. I've seen the processing facility-it's all there. My most exciting uranium play is UEC. TER: Maybe one more before we go? BK: Another exciting uranium play that I really like is Manhattan Corporation Ltd. ( MHC ) . The CEO, Allen Eggers, is the kind of guy you want to hang around with because he started Summit Resources Ltd. (ASX:SMM) from nothing and wound up selling it for $1.2 billion to Paladin Energy Ltd. He's a guy that knows how to take a dirt patch in the middle of nowhere to a finished product that you can sell to a major player. Having done that once, he's decided to do it again. Manhattan has the Double 8 uranium deposit, which is a development project. The company's still drilling and scoping out the resource. It's in a known uranium district-an old river basin filled with roll-front uranium deposits. It's very much amenable to in situ leaching. I think that's going to turn into a good play for a patient investor over, say, the next 24 months. TER: Do you have any final thoughts on the energy space? BK: The thing to keep in mind is not to be U.S.- or North-America focused when it comes to energy because the rest of the world has figured out it also needs energy. They are exploring. They are drilling. They are developing. There are many companies in many locales that are not U.S. names, but they are still doing great things. You can buy some of them on the U.S. markets, while others require you to go overseas. You have to keep looking. There are lots of opportunities out there. Look for Byron King's comments on precious metals and rare earths on The Gold Report , Byron King Plays Gold, Silver and REEs . Byron King writes for Agora Financial'sDaily ReckoningandWhiskey and Gunpowder(a self-styled ""independent investor's daily guide to gold, commodities, profits and freedom""). Byron edits two newsletters:Energy & Scarcity InvestorandOutstanding Investments . He studied geology and graduated with honors from Harvard University and also holds advanced degrees from the University of Pittsburgh School of Law and the U.S. Naval War College. Earlier in his career, Byron worked as a geologist for Gulf Oil in the exploration and production division. He served for many years in both the active and reserve components of the U.S. Navy. Byron also, at a different time, practiced law, focusing on bankruptcy and other contentious matters involving people and money. Byron has written extensively about peak oil and world energy developments. His expertise includes precious metals and alternative energy sources, such as solar, wind and geothermal. Byron has also advised the U.S. Department of Defense on national energy policy. Want to read more exclusive Energy Report interviews like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our Expert Insights page. DISCLOSURE: 1) Brian Sylvester of The Energy Report conducted this interview. He personally and/or his family own shares of the following companies mentioned in this interview: None. 2) The following companies mentioned in the interview are sponsors of The Energy Report: Reservoir Capital and Ram Power. 3) Byron King: I personally and/or my family own shares of the following companies mentioned in this interview: None. I personally and/or my family am paid by the following companies mentioned in this interview: None. Streetwise - The Energy Report is Copyright © 2010 by Streetwise Reports LLC. All rights are reserved. Streetwise Reports LLC hereby grants an unrestricted license to use or disseminate this copyrighted material (i) only in whole (and always including this disclaimer), but (ii) never in part. The Energy Report does not render general or specificinvestment adviceand does not endorse or recommend the business, products, services or securities of any industry or company mentioned in this report. From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles on the site, may have a long or short position in securities mentioned and may make purchases and/or sales of those securities in the open market or otherwise. Streetwise Reports LLC does not guarantee the accuracy or thoroughness of the information reported. Streetwise Reports LLC receives a fee from companies that are listed on the home page in the In This Issue section. Their sponsor pages may be considered advertising for the purposes of 18 U.S.C. 1734. Participating companies provide the logos used in The Energy Report. These logos are trademarks and are the property of the individual companies. Streetwise Reports LLC P.O. Box 1099 Kenwood, CA 95452 Tel.: (707) 282-5593 Fax: (707) 282-5592 Email: jmallin@streetwisereports.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-10-06,19.4186,19.4706,19.2594,19.4236,
EXC,2010-10-07,19.49,19.5281,19.3688,19.4549,"Elliott Gue Selectively Plays Uranium and Gas http://www.theenergyreport.com/pub/na/7569 Author and Energy Strategist Editor Elliott Gue looks to larger global energy trends to establish his investment strategies in alternative energy. Two of those trends include nuclear power development in emerging markets and the natural gas infrastructure needed for America's burgeoning shale gas plays. In this exclusive interview with The Energy Report, Elliott suggests some tried and true names that should benefit from those trends and a few lesser-known companies with similar aspirations. The Energy Report: You have coauthored two books, the most recent of which, The Rise of the State: Profitable Investing in Geopolitics in the 21st Century , chronicles how the global economy got where it is today, where you believe it's going and how people can profit along the way. Other than money, what compelled you to write The Rise of the State? Elliot Gue: Well, as you mentioned, I cowrote another book a few years ago- The Silk Road to Riches: How You Can Profit by Investing in Asia's Newfound Prosperity -which discussed some of the same issues, albeit from a slightly different perspective. I wanted to update some of those themes, as a lot of the things we talked about in it came to pass. When we wrote that in 2005, I think a lot of the trends in the emerging markets weren't quite as apparent to everyone. China has seen amazing growth since then, particularly in energy, my area of expertise. Over the last 10 years, Chinese oil demand has grown to more than 4 million barrels per day (bpd); that's where most of the international growth in oil demand has come from. Another aspect of it is that the Chinese government, through sovereign wealth funds, is investing directly in resource-producing assets all over the world. For example, they're in Africa and South America. I felt that we needed to update some of the trends we had discussed in that first book. TER: The press release for The Rise of the State says the book contains ""70 specific investing recommendations for far-sighted global investors."" Could you provide our readers with an investment thesis or two from your book that apply to alternative energy and uranium, in particular? EG: Uranium is a major part of the book, and we're seeing a renaissance of the global nuclear power market. If you had asked most U.S. analysts 10 years ago, they would have said the U.S. would be unlikely to build any new reactors. In Europe, countries like Germany had planned to phase out nuclear power entirely. In the United Kingdom, the public was very anti-nuclear; for example, Italy had a ban on it. If you look at the developed world countries today, there's really been a sea change in sentiment. Most countries recognize that it would be impossible to generate enough power to meet growing demand and still cut carbon dioxide (C02) emissions without a large nuclear component. But the real story on nuclear energy, again, is coming from emerging markets; nuclear is going to be a much larger portion of their energy pie. China has a very aggressive plan to build 30-40 new nuclear power plants over the next 20 years. If you look at India, which did not sign some of the international nuclear agreements, it has cut deals with the U.S. and other countries to import more nuclear technology and is preparing to do a major buildout of nuclear power. Another interesting country is Russia. Most people think of Russia as an energy producer, not a consumer; but the economy there has been booming. The Russians are planning to build a large number of nuclear reactors so they can use nuclear power domestically and increase their exports of natural gas to Europe. Nuclear is really a major trend. We've recently seen an uptick in uranium prices, as it is the key fuel for nuclear power plants. Uranium prices had been depressed for most of the 1980s and 1990s, so why would companies go out and spend billions developing new mines for a commodity trading under $10 per pound? Over the last several years, of course, we have seen a major run-up in uranium prices. TER: They peaked in 2007 at $136 per pound, right? EG: Yes, it was a very dramatic run-up that was followed by a collapse. Prices dipped to the $40 range but not back to 1990s levels. I believe the uptick we've seen lately stems from the growing realization that, although there's probably plenty of uranium right now, we may be looking at a supply crunch two to three years from now. The Russian program for reprocessing nuclear weapons is scheduled to end in 2013. With some of those secondary sources drying up, some companies and countries are concerned there won't be enough uranium around to load all these new plants they're building. That's really starting to push up prices and some of the uranium mining stocks. TER: The price is trending up now. How high do you think it could go? What's it going to do in 2011 and 2012 in your models? EG: The thing with uranium is that prices don't really make much difference to the cost of nuclear power. Natural uranium accounts for only 5%-10% of the price of nuclear energy, whereas natural gas accounts for 80% of the cost to produce power from a natural gas plant. With nuclear power plants, most of your costs are upfront capital costs for construction and the cost of the regulatory burdens. Uranium prices could go back up over $100/lb., and it really wouldn't have much of an impact on the economics of nuclear power. That's a big difference from natural gas or oil. When oil prices spiked at $125 per barrel, you saw real demand destruction. And when natural gas prices spiked up into the teens, you saw demand destruction. With uranium, I would expect to see less of that. I think you're going to see a lot of these countries, especially China, going out and securing uranium under long-term supply contracts. If that happens, you'll see all these new sources of supply scheduled to come online get locked up. I think that could be a catalyst for a pretty aggressive run-up in uranium prices. I wouldn't be surprised to see prices exceed $100/lb. And some of the smaller mines in the U.S. and Canada might need those price levels to make them economic. TER: Last week, the CEO of Exelon Corporation ( EXC ) -one of the biggest uranium power producers in the U.S.-said that with gas prices where they are, it's not remotely profitable to build a merchant nuclear plant. Does that mean uranium is mostly a long-term play? EG: I think there's a little bit of a difference between the U.S. and other countries on that score. U.S. gas prices are very depressed right now, and it really isn't about a lack of demand. In fact, we just had a very hot summer in the United States-about 40% hotter than the 10-year average; and we had a very cold winter-about 20%-30% colder than average. Those seasons drove very strong demand for natural gas in electric power plants. What's amazing is the growth in U.S. natural gas production from these shale fields, these unconventional natural gas fields around the U.S. TER: Those supplies are keeping the price low. EG: That's exactly it. It's truly astonishing to think that the United States is the world's largest producer of natural gas, producing about 15% more than Russia. We produce almost as much gas in the U.S. as the entire Middle East and Africa combined. Just 10 years ago, we were hearing that U.S. gas production was declining. I think gas prices in the U.S. will remain relatively low for a long period of time; and, when I say ""relatively low,"" I imagine that ultimately a price around $6 per BTU will be required to encourage ongoing production and drilling. A lot of foreign countries don't have that advantage. If you look at Europe, some unconventional plays are being looked at but that industry is probably at least a decade away from becoming significant. If you look at Asia, China has some shale fields; but, again, those are only in the very early stages of development. And those countries are probably going to face higher prices. That makes the economics of nuclear power in a country like China, India or even Europe look a lot more attractive than it would in the United States. TER: What are some uranium plays you're following? EG: The largest, of course, is Cameco Corp. (NYSE:CCJ; TSX:CCO) . It owns some of the richest uranium mines in the world, in terms of the quality of the ore. As a result, Cameco is a very low-cost producer. It can produce uranium profitably even at prices in the upper $20s or low $30s, and we're a long way from that now. And, because of its size, Cameco has been able to make major investments around the world. One example is Kazakhstan, a major nuclear producer, and Cameco's been able to make investments in other countries with promising uranium projects. It is sort of the 800-pound gorilla, if you will, of the uranium mining industry. TER: Yes, it's the Exxon Mobil Corp. ( XOM ) of uranium. But what are some off-the-radar, small-cap plays? EG: If you move down the scale a little bit, you want to look at some of the companies that are already producing uranium. They are smaller producers, but they often grow faster. An example would be Paladin Energy Ltd. (TSX:PDN; ASX:PDN) in Canada. The company has two major mines in Africa, which traditionally has been a pretty significant uranium producer-Namibia, in particular. Paladin is really emerging as an important producer there. Another company to look at is Uranium One Inc. ( UUU ) . The company actually sold a majority stake in itself to a Russian company to help them develop uranium mines in Kazakhstan. That scares some people, but Russia is a major investor in Kazakhstan. You really want to have the support of a Russian company when negotiating deals in that country. Uranium One is a fast-growing producer; it's smaller than Cameco but, potentially, could become a major producer with the mines it has underway in Kazakhstan. TER: In a recent edition of Energy Strategist, you said numerous alternative energy companies carry little debt and are posting earnings growth, but then you added: ""The trick is separating those alternative energy companies with low debt, positive earnings and/or deep-pocketed partners from the fly-by-night junk."" How do you separate the wheat from the chaff there? EG: When you're talking about alternative energy, I think one of the problems is that the sector tends to attract a lot of hype. Let's look at solar energy. A lot of people think it's a great way to use a freely available resource to produce power and it doesn't produce C02 or any other pollutants. The problem is, it is extremely expensive. TER: And it takes up a lot of space. EG: Absolutely; just the sheer size of some of these solar power plants makes them almost impractical. The only reason use of that technology is growing is because of government subsidies, particularly feed-in tariff subsidies in Europe. For example, if you build a solar power plant in Germany, you're guaranteed a very high rate for the energy you generate for 20 years. That makes it very economically attractive to build the plants, even though Germany gets about 5% of its energy from solar. It's been a major builder of solar facilities in recent years because of these subsidies. You really have to be careful in investing in solar companies. Some of the better ones, like First Solar Inc. ( FSLR ) , will likely survive and make money in the long run; but you have to remember the government side of that equation. A lot of what solar companies do depends on the largesse of governments. Most European countries are cutting back on spending to bring their deficits under control and, as a result, they're cutting back on these subsidies. I think that's really going to create a lot of problems for solar companies. Looking more at the uranium side, one of the problems is that a lot of these small-cap junior companies advertise that they have all this acreage for the exploration or development of uranium mines. But there's no way to know how much it will cost them to mine that uranium. In some cases, uranium prices may need to exceed $100 before those mines become economically viable. One of the things I look for on the uranium side is companies that actually produce some uranium. TER: When our readers visit a company website to view financials, what should they look for on the balance sheet? EG: Energy can be a cyclical business, so you want to look for companies with relatively low debt. If you look at a lot of the big energy companies, the Exxons of the world, they have tons of cash on the balance sheet; that allows them a lot of flexibility. When credit markets are in turmoil, such companies can take advantage of that and make acquisitions. Most alternative energy companies have relatively low debt. First Solar, for example, is one that has a very clean balance sheet. But you also have to weigh that against the particular segment of the energy business they're in. For example, one group that I like a lot is energy midstream companies-companies that own pipelines and natural gas storage facilities. TER: Master limited partnerships (MLPs)? EG: Yes. Their balance sheets typically have a humongous amount of debt, but it's really not a problem because their revenues are pretty stable from their basic business, so they can carry high levels of debt. You have to look at how much debt is on the balance sheet, and then what part of the energy business they're in. Are they in a segment of energy that is very cyclical, or are they more of a fee-based, MLP-type company? TER: Is there a certain threshold, as in a price-to-earnings (P/E) multiple, that you prefer when it comes to alternative energy companies? EG: I don't really have a specific target. I typically look at how a company is valued compared to other similar companies. If you're analyzing a natural gas producer, you want to look at how its P/E compares to, say, Chesapeake Energy Corp. ( CHK ) or one of the other big producers. There are often wide variations in the valuation, so you want to determine why. Is it because the company has much better growth prospects? You want to know exactly where its acreage is. In the energy business, it's pretty complicated to do a proper valuation of companies because it really depends on the quality of the resource base. I like to look at the underlying business. What is it? How is the company going to grow? How is it going to make money? Does it have any forthcoming news events that will likely catalyze a big run-up in the stock? For example, the catalyst with nuclear power is the uptick in uranium prices that gets more investors interested in the sector. The other thing is a looming expiration of things like the Russian reprocessing program. Those types of catalysts can really get a stock or sector moving, and that's what I tend to look for more than any particular valuation metric. TER: Can you share a few more of your favorite alt energy investment ideas that most people probably haven't heard? EG: Sure. In The Rise of the State and in Energy Strategist, I look mainly at uranium companies, nuclear power companies and natural gas. I think natural gas will eventually be the most important play of all on alternative energy. I say that because wind and solar plants generate intermittent power; therefore, you typically need a natural gas-fired facility to put power on the grid when power drops off from solar or wind plants. I think natural gas is going to be a major factor in the development of alternative energy, and those are the companies we've been focusing on in the newsletter. One example is Range Resources Corporation ( RRC ) -a major gas producer in the Marcellus Shale. The interesting thing about the Marcellus is that it's very high in natural gas liquids (NGL) content, which includes ethane, methane and butane. A barrel of NGL is priced much more like a barrel of oil. So, in addition to producing natural gas, Range produces something of much higher value-NGL. With gas prices around $5, Range is probably earning north of $7 for every 1,000 cubic feet of gas it produces based on the value of the NGL. And because we're producing so much gas from shales and a lot of the major shale reserves are rich in NGL, it's become a major boon to the petrochemical industry. They use ethane to produce ethylene, which is a basic building block of plastic. Range Resources is a player I would look at and, with natural gas prices depressed, now's not a bad time to start prospecting for value in that sector. TER: You mentioned some MLPs earlier. What names do you like in that space? EG: Well, they're really facilitating the development of shale. In order to produce all these new plays, we need more basic infrastructure. That is one of the untold stories of the shale plays. One of the largest players there and one that I have recommended for many years is Enterprise Products Partners, L.P. ( EPD ) . It's working on a lot of major projects, including a new pipeline in the Eagle Ford Shale in southern Texas. The Eagle Ford is another major gas play with a high NGL component. Enterprise also offers a really nice dividend yield of around 7%, and it's been growing distributions at a very steady rate for years. Not only do you get a nice yield with EPD, you also get a lot of upside in terms of future distributions. A little bit further down the size curve is Targa Resources Partners, L.P. ( NGLS ) , another MLP. As its ticker implies, it really focuses on the NGL side of the business-NGL storage, pipelines and gathering and processing. These are all major businesses that are booming because of all the NGL production coming from shales. As far as pure alternative energy plays like solar and wind, we're pretty much advising people to stay out of those right now. I think that there's potential for a glut of solar cells, particularly in Europe. That's going to bring down prices. There are some promising projects underway in the U.S. but, as the money from Europe starts drying up, how quickly are we going to see a ramp-up in U.S. utility activity to offset that weakness? There will be some struggles there. Currently, I am focusing more on uranium and natural gas. TER: You've given our readers lots to ponder. Any final thoughts you would like to leave us with today? EG: Be very careful about hype. Sectors like solar and wind are often subject to a lot of promotion and a lot of hype. For example, when Barack Obama was first elected president, I read all kinds of newsletters that recommended buying alternative energy because the new president was going to be a major promoter of it. As it turns out, he has promoted alternative energy; but those stocks have generally underperformed the rest of the energy space since he took office. You have to be very vigilant and very selective. Don't assume alternative energy is a sure road to riches just because it's carbon free and people are talking about it. Elliott Gue's semimonthly newsletter,The Energy Strategist , unearths profitable opportunities-from traditional fuels like coal and crude oil to the latest alternative energy sources-in this booming sector and outlines the interrelated economic and geopolitical forces that drive these markets. Gue also brings an international perspective toInvesting Daily , analyzing the complexities of global energy markets and related industries forPersonal Finance , as well as more specialized publications. In addition to his work on energy markets, Elliott is co-editor ofMLP Profits , an online newsletter that takes the guesswork out of identifying high-growth, high-yield partnerships through studied advice and sound market intelligence. Before joining KCI, Elliott lived and worked in Europe for five years, earning a bachelor's degree in economics and management and a master's degree in finance at the University of London-the first American student to complete a full degree at this prestigious business school. He also coauthored a book on investment opportunities in Asia,The Silk Road to Riches: How You Can Profit by Investing in Asia's Newfound Prosperity. Want to read more exclusive Energy Report interviews like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our Expert Insights page. DISCLOSURE: 1) Brian Sylvester of The Energy Report conducted this interview. He personally and/or his family own shares of the following companies mentioned in this interview: None. 2) The following companies mentioned in the interview are sponsors of The Energy Report: None. 3) Elliott Gue: From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles on the site, may have a long or short position in securities mentioned and may make purchases and/or sales of those securities in the open market or otherwise. Streetwise - The Gold Report is Copyright © 2010 by Streetwise Reports LLC. All rights are reserved. Streetwise Reports LLC hereby grants an unrestricted license to use or disseminate this copyrighted material (i) only in whole (and always including this disclaimer), but (ii) never in part. The GOLD Report does not render general or specificinvestment adviceand does not endorse or recommend the business, products, services or securities of any industry or company mentioned in this report. From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles on the site, may have a long or short position in securities mentioned and may make purchases and/or sales of those securities in the open market or otherwise. Streetwise Reports LLC does not guarantee the accuracy or thoroughness of the information reported. Streetwise Reports LLC receives a fee from companies that are listed on the home page in the In This Issue section. Their sponsor pages may be considered advertising for the purposes of 18 U.S.C. 1734. Participating companies provide the logos used in The Gold Report. These logos are trademarks and are the property of the individual companies. Streetwise Reports LLC P.O. Box 1099 Kenwood, CA 95452 Tel.: (707) 282-5593 Fax: (707) 282-5592 Email: jmallin@streetwisereports.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-10-08,19.5086,19.5897,19.3885,19.5818,
EXC,2010-10-11,19.5564,19.6639,19.4706,19.5818,
EXC,2010-10-12,19.5867,19.5897,19.3992,19.5037,
EXC,2010-10-13,19.5437,19.6639,19.49,19.577,
EXC,2010-10-14,19.5867,19.6639,19.3835,19.4987,
EXC,2010-10-15,19.5946,19.6336,19.4353,19.5564,
EXC,2010-10-18,19.6298,19.9804,19.5818,19.9473,
EXC,2010-10-19,19.7861,20.0469,19.7588,19.8252,
EXC,2010-10-20,19.8525,20.1641,19.8486,20.0713,
EXC,2010-10-21,20.1144,20.1641,19.6385,19.7244,
EXC,2010-10-22,19.7244,19.7244,18.9742,19.0386,"[""Verizon, Schlumberger, G-20 in focus FRIDAY MORNING\u2019S TOP STORIES Another batch of corporate earnings reports are buoying U.S. stock futures, but sentiment remains subdued."", ""U.S. stocks rise for third-straight week G-20 meeting encourages caution; Dow ends session lower Worry about corporate profit growth and a weekend meeting of global finance officials put pressure on the Dow Jones Industrial Average on Friday, but the major indexes still managed their third straight week of gains.""]"
EXC,2010-10-25,19.0737,19.1813,18.6967,18.7328,
EXC,2010-10-26,18.7025,18.7915,18.599,18.6273,
EXC,2010-10-27,18.5345,18.5648,18.3078,18.5491,
EXC,2010-10-28,18.6313,18.6967,18.4523,18.5746,
EXC,2010-10-29,18.5736,18.5736,18.3889,18.5052,
EXC,2010-11-01,18.643,18.8109,18.4485,18.5394,
EXC,2010-11-02,18.7133,18.7485,18.5247,18.594,
EXC,2010-11-03,18.6313,18.6547,18.3665,18.471,
EXC,2010-11-04,18.5892,18.6595,18.5394,18.6595,
EXC,2010-11-05,18.6547,18.7104,18.5599,18.6595,
EXC,2010-11-08,18.6595,18.7699,18.6313,18.7387,
EXC,2010-11-09,18.7915,18.9556,18.7651,18.8344,
EXC,2010-11-10,18.6595,18.6595,18.3038,18.4153,
EXC,2010-11-11,18.3439,18.4573,18.2648,18.4026,
EXC,2010-11-12,18.2854,18.3038,18.1094,18.1534,
EXC,2010-11-15,18.2227,18.3245,18.1857,18.2062,
EXC,2010-11-16,18.1886,18.1974,18.0039,18.0479,Losses deepen in energy sector Selling in the energy sector outpaces losses in the broader U.S. equity benchmarks.
EXC,2010-11-17,18.0206,18.217,17.9893,18.1309,
EXC,2010-11-18,18.3038,18.3118,18.0733,18.1388,
EXC,2010-11-19,18.1388,18.171,17.8212,18.1309,
EXC,2010-11-22,18.1144,18.1309,17.8995,18.0733,"2011: The Year of Living Dangerously? Joseph L. Shaefer submits: There are three times when a bear market is particularly dangerous: At the beginning, During, At the end. At or near the beginning, there is typically a waterfall on more than one occasion as investors rush to sell everything and anything. They've seen many, most, or all of their gains evaporate as the talking heads intone ""this is just a normal correction."" Since most investors don't join in the bull market until it's already up 40% or 50%, by the time it's ""officially"" a bear and declines 20%, they barely break even. (Starting at $100 to reach $140, then losing 20% of $140 takes them back to $112. And they still have a sizable decline ahead to donate the $12 profit to cooler heads…) During the decline, there are many head fakes during which time the market soars ahead, making investors think the worst is behind them. They are called ""sucker rallies"" for a reason. Compared to the highs before the decline, things look cheap - but only compared to the highs. So people get suckered in, have their hopes dashed, after which we reach the final phase of the bear. At the end, most investors give up on the head fakes and sucker rallies and tell their brokers to sell everything that remains before the market declines even further. And that blowout selling is my - and your - cue to start buying. Notice I said ""to start buying."" Nothing goes straight down or straight up. There's no rush. Panicked investors will be happy to sell to us on any new little blip down. It's our job to accommodate them and begin accumulating when the worst is behind us. During a bear, some sectors will emerge as investor favorites. If the bear is long enough, those trends can be played on the long side. This time around, it might be the energy stocks or the agriculture stocks. It could be timber or other basics as the emerging giants retrench, tighten their belts, then go for another round of growth. It might be precious metals, given our government's insane headlong rush to devalue our once-proud dollar - though metals are a very crowded trade today. We won't know where the pockets of strength are until we are there. The secret is to buy value cheap and to keep some cash available for buying more as we have corrections and confirmation of the strongest sectors. I purchased ""insurance"" in 2010 in the form of inverse ETFs. I used them as a hedge against yet another major decline. As it happened - aren't we all geniuses with the certainty of hindsight? - I would have made more money going long without any protective insurance. But the idea of insurance is that you are protecting yourself, while hoping you never have to call the insurance company. I recently unwound all these positions and will now use a cash buffer, buy intrinsic value companies, and stress the sectors I believe will do best going forward as our ""insurance"" rather than maintain any inverse ETF hedges. (Except one: I still believe the inverse Treasury play, whether via [[TBT]] or [[TBF]] will work out well for the patient!) So what sectors are we nibbling at these days? Energy, especially natural gas. Agriculture and food companies bought right. Timber firms with fabulous real estate holdings and even a couple of deeply-depressed land companies in desirable demographic/geographic locations. Uranium firms and platinum metals group companies. Pollution control firms (desperately needed in nations like China and India). Companies that clean up filthy water (ditto). Regional financial firms. Health care companies. And the big engineering firms (and some utilities with deep experience and knowledge) that design and build coal, gas and nuclear plants for electricity generation and refineries for oil and natural gas. But let's not put the cart before the horse. I'm not rushing into the market. Just trying to do what we always do - buy quality firms in unpopular sectors when their valuation indicates a low downside risk. If we can get good income that is at a payout ratio that indicates a good likelihood of continuing or even being raised, so much the better. I do not believe the bear is toothless just yet. I believe 2011 will be a dangerous year to commit completely to one side of the market or the other. Smart, steady accumulation when others are uninterested will likely yield the best results. I expect the further sideways action that typifies bear markets (rather than the steady downward decline that most people envision) to continue into 2011. ( (See more on this reality in the charts posted here .) ) But I also believe that we are closer to the end of this bear than the beginning or the middle. If you agree, here are a few firms we are looking at that you may want to consider for your own due diligence, as well: Encana Corp. ( ECA ) 2 ½ points above its 52-week low. PE 10. Yield 2.8%. ConAgra Foods ( CAG ) ½ point above its 52-week low. PE 13. Yield 4.4%. Plum Creek ( PCL ) 3 points above its 52-week low. PE 34. Yield 4.6%. Exelon Corp ( EXC ) WestAmerica Bank ( WABC ) 1 ½ points above its 52-week low. PE 15. Yield 2.9%. CML Healthcare Income Fund (CMHIF.PK) 2 ½ points above its 52-week low. PE 23. Yield 9.0%. Chesapeake Energy (CHK) 3 points above its 52-week low. PE 16. Yield 1.3%. Citizens Holding (bank) (CIZN) 2 points above its 52-week low. PE 13. Yield 4.5%. And, for more aggressive portfolios / positions: Eli Lilly (LLY) 2 points above its 52-week low. PE 8. Yield 5.7%. Petrobras (PBR) China Agritech (CAGC) Author's Disclosure: We and/or those clients for whom it is appropriate are now long ECA, CAG,PCL, EXC, CMHIF, CIZN and CAGC. We are reviewing the others, and more, for possible inclusion in our portfolios. The Fine Print:As Registered Investment Advisors, we see it as our responsibility to advise the following: we do not know your personal financial situation, so the information contained in this communiqué represents the opinions of the staff of Stanford Wealth Management, and should not be construed as personalized investment advice. Past performance is no guarantee of future results, rather an obvious statement but clearly too often unheeded judging by the number of investors who buy the current #1 mutual fund only to watch it plummet next month. We encourage you to do your own research on individual issues we recommend for your analysis to see if they might be of value in your own investing. We take our responsibility to proffer intelligent commentary seriously, but it should not be assumed that investing in any securities we are investing in will always be profitable. We do our best to get it right, and we ""eat our own cooking,"" but we could be wrong, hence our full disclosure as to whether we own or are buying the investments we write about. See also Consumer Sentiment Buoyed by Stocks? on seekingalpha.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-11-23,17.9669,18.0127,17.8574,17.9385,"Bruno del Ama: Smart Money Flocking to Uranium Bruno del Ama: Smart Money Flocking to Uranium Source: Brian Sylvester of The Energy Report 11/23/2010 http://www.theenergyreport.com/cs/user/print/na/7938 Gold has dominated a lot of headlines lately, so when Bruno del Ama of Global X Funds launched an exchange traded fund ( ETF ) focusing on the precious metal and another on uranium, he was confident about which one would set off at a sprint. Yet surprisingly, sales of the Global X Uranium ETF have reached $65 million since its launch on Nov. 4, making it one of the most successful ETFs this year. In this exclusive interview with The Energy Report, Bruno discusses why the smart money is chasing uranium. The Energy Report: Bruno, you recently launched a number of ETFs focusing on gold, lithium and uranium. There are some others in the works, too. Do you view the ETF market as being underserved? Bruno del Ama: I think the ETF market is underserved in some ways and saturated in some other ways. It's an interesting dynamic. In certain areas of the market, there may be five, six or seven ETFs that are very similar, tracking the same segment of the market and very highly correlated with each other. We view these market segments as saturated. However, other areas are not very well served, particularly when it comes to some commodity markets or equity-related commodities; for example, the gold, lithium, uranium and copper markets. More focused offerings for these markets allow sophisticated investors to go a little further than just a diversified commodity investment and really get deep down into the areas in the commodities markets where they see the most potential. TER: What do you see as being the main attraction of ETFs compared to similar investment vehicles? BDA: There are a number of advantages compared to traditional mutual funds. Typically, the expense ratios tend to be lower. ETFs also offer more targeted investments that are not usually available with traditional mutual funds. But perhaps the most important advantage is a tax advantage. Due to how new shares are issued and redeemed for ETFs versus traditional mutual funds, investors who are trading in and out of the fund have no consequence on the long-term investors. One of the problems with mutual funds is that as investors trade in and out of the fund, they are creating a tax consequence as the fund buys and sells shares to meet that liquidity. ETFs are a more tax-efficient vehicle. Another important feature is that investors have complete transparency about the investments. On our website, Global X Funds , investors can monitor all of the holdings in our portfolio on a daily basis-exactly how many shares and the dollar amount. That's something people value, particularly looking back at some of the issues that have occurred in the past three years with the lack of liquidity and transparency with some financial products. The other problem with other products, such as exchange traded notes (ETNs), is credit risk. In a fully invested equity ETF, such as all Global X Funds ETFs, all of the assets are segregated and owned by the investors. Therefore, there is no credit risk to a note provider. TER: Is that what appeals to institutional investors about your funds? BDA: These characteristics are what make ETFs appealing versus other types of investments. The value of the Global X Funds, in particular, is that they provide access to areas of the world that we believe will perform well over the long term. We define that by looking at what the markets will look like 25 years from now and offering access to areas of the world that really aren't offered or covered by anybody else in a nice cost-effective package. One example of that is the Global X Uranium ETF ( URA ) . We received calls from the Schedule I banks in Canada: Royal Bank of Canada (RBC), Toronto-Dominion, Bank of Montreal (BMO). Basically, they all said the ETF was the talk of the town. TER: Because the ETF is the first of its kind? BDA: Exactly. There's no uranium ETF or uranium-focused fund dedicated to the main uranium companies anywhere. This is indeed the first of its kind. TER: Do you have an extensive research team behind you to identify those trends and opportunities in such places, those not necessarily apparent to others? BDA: We do have a development team that focuses on identifying the themes we find interesting. We see significant opportunities in global commodities, cleantech and emerging markets where we expect substantial growth. We want to find the best opportunities that aren't really offered by any other exchange traded fund out there. We partner with the best index companies to cover those particular markets; for example, we just filed for a TSX Venture ETF that will cover the most liquid companies of the Venture exchange in Canada. We will be licensing that index from Standard & Poor's and leveraging its research team to provide access to that particular market. TER: Your firm recently launched both uranium and gold ETFs. Much to your surprise, sales of the uranium ETF are outpacing those of the gold ETF. BDA: Yes. We brought two products to market over two days. The Global X Gold Explorers ETF ( GLDX ) focuses on gold exploration companies, which is a particular segment of the gold mining life cycle. It's a very early stage and high-risk segment with potentially high rewards. We also launched the Global X Uranium ETF that tracks the performance of uranium mining companies globally. We think these two trends will do very well over time. Based on the incredible interest in gold today, we did expect that the Gold Explorers ETF was going to generate more interest from investors. They've both been a huge success thus far with investors, but the success of the uranium fund has been incredible. In just a matter of days, we attracted $65 million in assets. It is one of the most successful launches of any ETF this year. We were surprised because we expected both products to be successful, but we didn't expect the uranium product to be as successful as quickly-or that it would be more successful than the gold product. TER: What is the net asset value of the uranium fund? BDA: The initial NAV on November 4th was listed at about $15. As of yesterday, the NAV for the uranium fund was $17.73. TER: One of the reasons the fund is doing so well is due to the somewhat remarkable rebound in the price of uranium oxide. Adam Schatzker, an analyst with RBC Capital Markets in Toronto, said, ""It appears that the character of the spot market has changed markedly over the past few months from one that was heavily oversupplied with weak demand to one that is in high demand with very little supply."" Do you agree with that? BDA: That is the case. Yes. TER: What do you believe is responsible for that turnaround? BDA: The long-term supply and demand dynamics were already in play to provide an adjustment in price. It was just a matter of time as to when that adjustment in price was going to take place. From the supply side, there hadn't been much investment in uranium mines for years. The supply has been fixed for a while, and it takes some time to bring new production in line as prices start to adjust. With regards to demand, there are a lot of investments in new nuclear reactors, which are the biggest users of uranium. And some uranium supply was provided by the decommissioning of nuclear warheads, but that is coming to an end. In light of these trends, the prices had to adjust. There was a trigger, however, that caused the adjustment in such a short timeframe. As the Global X Uranium ETF went to market, China Guangdong Nuclear Power Corporation entered into a 10-year agreement to buy uranium at a price that was well above the spot price at the time of the announcement. That really woke everybody up. China has shown its hand and indicated that if other buyers want to secure uranium supplies over the long term, it's not going to cost what the price was in the spot market at that time. TER: Are you concerned about volatility in the market given the rapid rise in the uranium oxide price? BDA: Sometimes these commodity markets are sleepy for a long time and there's not a lot of volatility on the price of the commodity itself. Supply and demand dynamics are very long-term dynamics. Those take a long time to build up, and that's been going on for a while. The deal I described above with China was the trigger that woke up the market and made it obvious that uranium was mispriced. We are seeing a significant amount of volatility right now as the market is trying to realize exactly where the clearing price of uranium should be. The value of uranium miners is also experiencing volatility as analysts and investors reassess the value of these companies. These companies produce uranium at flat rates but can now sell uranium at a higher price, resulting in higher margins and valuations. In a way uranium miners provide a leveraged play with regards to the underlying price of uranium. Periods of dislocation like this occur when investors have the opportunity to generate outside returns before the market settles down into a price and the valuation of the equities become more established. TER: Roughly 20% of your uranium ETF is in Cameco Corp. (NYSE:CCJ; TSX:CCO) . With that much of a weighting toward Cameco, why should investors choose your ETF over direct investment in such a company? BDA: Cameco is a big holding of the fund because it represents a significant share of global uranium production. That still leaves 80% of the fund invested in 22 other global uranium miners. A lot of these companies are listed in Canada but also in other markets globally, such as Australia or the UK. Investing directly in Cameco is potentially a better proposition if an investor believes the company is potentially undervalued relative to the entire uranium market. But if an investor wants to have diversification across the uranium market, Cameco is not the best way to invest. They get better exposure by having the whole uranium-producing market, and the ETF is a better mechanism to achieve that. TER: Mining company BHP Billiton Ltd. (NYSE:BHP; OTCPK:BHPLF) made a takeover offer for fertilizer maker PotashCorp (NYSE:POT; TSX:POT) . The offer hit some roadblocks and BHP ultimately withdrew it. Could you see a similar bid come in with a company like Cameco? BDA: Potentially. When there is significant dislocation in a market that has attractive supply and demand dynamics, insiders that have a good sense of where the market is going have an opportunity to purchase companies at potentially attractive valuations. These conditions in the potash market are also present in the uranium market, and we think mergers and acquisitions (M&A) activity is possible as companies try to take advantage of these trends, secure additional supply or build a larger market share. Any acquisition of a uranium mining company would likely increase valuations for the sector as a whole, which would bode well for the prices of these companies and the returns of the uranium ETF. TER: Tell us about some of the fund's other holdings. BDA: Other companies include, for example, Uranium Energy Corp (NYSE.A:UEC) , Ur-Energy Inc. (NYSE:URG; TSX:URE) and Mega Uranium Ltd. ( MGA ) , which is a Canadian company with uranium resources in Australia and uranium exploration projects in Australia, Canada and Cameroon. Uranium Energy Corp is interesting because it has recently commenced uranium production using in-situ recovery (ISR) methods in South Texas. This marks the first revitalization of uranium mining in the U.S. in more than five years. Although the U.S. has very significant uranium resources in the ground, it currently imports the overwhelming majority of its uranium for fueling its nuclear power plants. Uranerz Energy Corporation (TSX:URZ; NYSE.A:URZ) has applied for licenses for in-situ recovery of uranium in Wyoming, where the U.S. has the largest known uranium resource base, and plans to begin production by 2012. It also has long-term contracts to sell the uranium to the top U.S. nuclear generators, one of which is the third largest in the world, Exelon Corporation ( EXC ) . TER: Why are you holding those particular companies? BDA: This ETF, as with most ETFs, is a passive one. We track an index maintained by a third party, Structured Solutions, which is an index company that has particular expertise with commodities and resources. The ETF is comprised of the largest and most liquid uranium mining companies, wherever they may be in the world, so long as they generate most of their revenues and resources from uranium. TER: Do you think you will have some competition in the future? BDA: Clearly, this is an area where there's significant interest. It's entirely possible that someone else wants to participate in the market. TER: Any parting thoughts on the uranium market and the ETF business? BDA: A lot of smart money is going into the uranium market right now. There seems to be a bit of a dislocation currently-perhaps an opportunity. The supply and demand dynamics are driven by nuclear plants being built all over the world. China is making massive investments to build 45 reactors, but there are projects across the board in South Korea, Japan, Russia and so on. The uranium market is getting a lot of smart-money interest. The ETF market has some advantages. It's a targeted, cost-efficient package for investors. The market as a whole continues to grow rapidly. We are actually one of the fastest-growing ETF companies in the world, having just crossed $1 billion in assets. We see a lot of opportunities to bring interesting products to investors, such as the TSX Venture ETF I mentioned and a number of other products we have in the works. TER: Ok, great. We look forward to seeing what you debut next. Thanks for your time today, Bruno. Bruno del Ama is the cofounder and CEO of New York-based asset manager Global X Funds. The company is dedicated to developing innovative ETFs focusing on emerging markets, global commodities and cleantech resources. Global X Funds has more than $1 billion in assets under management, and BlackRock has ranked the company as one of the fastest-growing ETF providers in the world year to date. Prior to Global X Funds, del Ama served as head of operations in the structured products business at Radian Asset Assurance. Before that, he was a senior consultant at Oliver Wyman, advising leading financial services firms in a range of strategy matters. Bruno del Ama is a CFA charter holder and received his MBA from the Wharton Business School. Want to read more exclusive Energy Report interviews like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our Expert Insights page. DISCLOSURE: 1) Brian Sylvester of The Energy Report conducted this interview. He personally and/or his family own shares of the following companies mentioned in this interview: None. 2) The following companies mentioned in the interview are sponsors of The Energy Report: Uranium Energy Corp., Uranerz and Mega Uranium. 3) Bruno del Ama: I personally and/or my family own shares of the following companies mentioned in this interview: As CEO of Global X Funds, Mr. del Ama and/or Global X Management Company receives compensation from all the Global X Funds. The Funds invest in most of the companies mentioned in the article. I personally and/or my family am paid by the following companies mentioned in this interview: As CEO of Global X Funds, Mr. del Ama and/or Global X Management Company receives compensation from all the Global X Funds. The Funds invest in most of the companies mentioned in the article. Streetwise - The Energy Report is Copyright © 2010 by Streetwise Reports LLC. All rights are reserved. Streetwise Reports LLC hereby grants an unrestricted license to use or disseminate this copyrighted material (i) only in whole (and always including this disclaimer), but (ii) never in part. The Energy Report does not render general or specificinvestment adviceand does not endorse or recommend the business, products, services or securities of any industry or company mentioned in this report. From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles on the site, may have a long or short position in securities mentioned and may make purchases and/or sales of those securities in the open market or otherwise. Streetwise Reports LLC does not guarantee the accuracy or thoroughness of the information reported. Streetwise Reports LLC receives a fee from companies that are listed on the home page in the In This Issue section. Their sponsor pages may be considered advertising for the purposes of 18 U.S.C. 1734. Participating companies provide the logos used in The Energy Report. These logos are trademarks and are the property of the individual companies. Streetwise Reports LLC P.O. Box 1099 Kenwood, CA 95452 Tel.: (707) 282-5593 Fax: (707) 282-5592 Email: jmallin@streetwisereports.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-11-24,18.0333,18.0479,17.8632,18.0039,
EXC,2010-11-26,17.8995,18.0127,17.8174,17.9169,
EXC,2010-11-29,17.8495,17.8995,17.7011,17.8398,
EXC,2010-11-30,17.7382,17.8955,17.7069,17.8457,
EXC,2010-12-01,17.999,18.0088,17.8037,17.8759,
EXC,2010-12-02,17.8574,17.9893,17.7958,17.9258,
EXC,2010-12-03,17.9169,18.1925,17.8545,18.1534,"5 Dreman-Inspired Contrarian Gems John Reese submits: While all the gurus I follow have built their fame and fortunes using different investment approaches, there is at least one striking similarity that most - if not all - of them share: They are contrarians. When the rest of Wall Street is zigging, they are zagging; when Wall Street zags, they zig. By having the strength of conviction to march to their own drummers and not follow the crowd, they have been able to key in on the types of strong, undervalued stocks that have made them - and their clients or shareholders - very happy. But while most of the gurus upon whom my ""Guru Strategies"" are based are contrarians, one stands out among all the others: David Dreman. Throughout his long career, Dreman has sifted through the market's dregs in order to find hidden gems, and he has been very, very good at it. His Kemper-Dreman High Return Fund was one of the best-performing mutual funds ever, ranking number one out of 255 funds in its peer groups from 1988 to 1998, according to Lipper Analytical Services. And when Dreman published Contrarian Investment Strategies: The Next Generation (the book on which I base my Dreman strategy) in 1998, the fund had been ranked number one in more time periods than any of the 3,175 funds in Lipper's database. Currently, the investment model I base on Dreman's approach is available through the Guru Analysis & Guru Stock Screener App in Seeking Alpha's Investing App Store. It's an approach that has fared quite well for me: Since its July 2003 inception, a 10-stock portfolio picked using the model has gained 78.5%, or 8.2% annualized. During the same period, the S&P 500 has returned a total of 18.%, or just 2.3% per year. This year, the Dreman-based portfolio is nearly tripling the index's gains (15.9% vs. 5.9%). Finding Winners Among the Market's Unloved Throughout his career, Dreman has keyed in on down-and-out diamonds in the rough, finding winners in such beaten-up stocks as Altria ( MO ) (after the tobacco stock plummeted amid lawsuit concerns) and Tyco ( TYC ) (which had been hit hard by an embarrassing CEO fiasco). How - and why - did Dreman manage to pick winners from groups of stocks that few other investors would touch? Well, Dreman, perhaps more than any other guru I follow, is a student of investor psychology. And at the core of his research is the belief that investors tend to overvalue the ""best"" stocks - those ""hot"" stocks everyone seems to be buying - and undervalue the ""worst"" stocks - those that people are avoiding like the plague, such as Altria and Tyco. In addition, he believed that the market was driven largely by how investors reacted to ""surprises,"" frequent events that include earnings reports that exceed or fall short of expectations, government actions or news about new products. And he believed that analysts were more often than not wrong about their earnings forecasts, which leads to a lot of these surprises. When you put those factors together, you get the crux of Dreman's contrarian philosophy. Surprises happen often, and because the ""best"" stocks are often overvalued, good surprises can't increase their values that much more. Bad surprises, however, can have a very negative impact on them. The ""worst"" stocks, meanwhile, are so undervalued that they don't have much further down to go when bad surprises occur. But when good surprises occur, they have a lot of room to gain. By targeting out-of-favor stocks and avoiding in-favor stocks, Dreman found you could make a killing. Specifically, Dreman compared a stock's price to four fundamentals: Earnings, cash flow, book value and dividend yield. If a stock's price/earnings, price/cash flow, price/book value or price/dividend ratio was in the bottom 20% of the market, it was a sign that investors weren't giving it much attention. And to Dreman, that was a sign that these stocks could end up becoming winners. (In my Dreman-based model, a firm is required to be in the bottom 20% of the market in at least two of those four categories to earn ""contrarian"" status.) But Dreman also realized that just because a stock was overlooked, it wasn't necessarily a good buy. After all, investors sometimes are right to avoid certain poorly performing companies. What Dreman wanted were good companies that were being undeservedly ignored, often because of apathy or overblown fears about the stock or its industry. To find them, he used a variety of fundamental tests, including return on equity, the current ratio, debt/equity ratio and pre-tax profit margins. He also keyed on stocks that were offering a high dividend yield while having payout ratios (that is, the percentage of profits paid out as dividends) that were the same or less than their historical average. This type of contrarian approach isn't for the faint-of-heart. You never know exactly when investors will wake up to a bargain they've been overlooking. But if you're patient, these types of beaten-down hidden gems can pay off big-time. Here are a handful of stocks my Dreman-inspired approach thinks are worth a look right now. AT&T Inc. ( T ) : The Dallas-based telecom giant ($166 billion market cap) comes from a sector that has been ignored in recent years. T elecoms have averaged returns of -2.9% during the past three years, according to Morningstar.com, making them one of the market's four worst performers. Partly because of the general lack of love for telecoms, AT&T's P/E, price/cash flow and price/dividend ratios all fall into the market's bottom 20%. But my Dreman-based model, which gives the stock a 91% score, likes the firm's 19.8% return on equity, pre-tax margins of more than 17% and debt/equity ratio (61%), which is significantly lower than its industry average (85%). It also has a 6% dividend yield, while paying out a much lower portion of profits as dividends (47%) than it has historically (78%). That's a sign the firm may be able to increase its payout. Exelon Corporation ( EXC ) : Based in Chicago, this electric and natural gas utility ($26 billion market cap) also comes from an overlooked sector, and earns a 90% score from the Dreman approach. Its price/cash flow and price/dividend ratios are both in the market's bottom 20%, despite its solid 1.7 current ratio (vs. its industry average of 1.15); its return on equity of almost 20%; and its pre-tax profit margins of 23.5%. Exelon also is yielding 5.3% while paying out a lower portion of profits (53%) than it has historically (65%). BBVA Banco Frances S.A. ( BFR ) : While financial firms have fared well since the March 2009 low, there's still a good deal of fear hovering over the sector. My Dreman-based model thinks investors would be wise to look past their fears and take a look at this Argentina-based bank, which it gives a 90% score. The $2.1-billion-market-cap firm's P/E and price/dividend ratios are both in the market's bottom 20%, yet it has an excellent 50.6% return on equity and pre-tax profit margins of more than 32%. East West Bancorp, Inc. (EWBC) : Based in Pasadena, Calif., this regional bank (which also gets a 90% score from the Dreman model) was hammered during the financial crisis. It has rebounded nicely since the market turned in 2009, but my Dreman-based model thinks investors still aren't giving it its due. The $2.5-billion-market-cap firm has been increasing earnings recently ($0.27 in EPS in the most recent quarter, vs. $0.20 in the previous quarter), and it's posting a strong return on equity (21.6%) and impressive pre-tax profit margins of 43%. Yet the stock still is in the bottom 20% of the market in terms of P/E and price/cash flow ratios, making it the sort of contrarian play this model likes. Telefonica S.A. (TEF) : This Spain-based telecom giant ($105 billion market cap) has major operations in both Europe and Latin America, and gets a solid 84% score from my Dreman-based approach. The stock is in the bottom 20% of the market in terms of P/E, price/cash flow and price/dividend ratios. But it has a return on equity of more than 55%, pre-tax profit margins of 23.8% and a dividend yield of 7.8%, all of which earn high marks from the Dreman model. One point of caution: While telecoms tend to carry a lot of debt, Telefonica's debt/equity ratio is particularly high (273%). Disclosure: Long [[T]] and [[EXC]] See also VIX and Put-to-Call Ratio Snapshot on seekingalpha.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-12-06,18.1486,18.1759,18.0273,18.0333,
EXC,2010-12-07,18.1144,18.2227,17.8398,17.8858,
EXC,2010-12-08,17.9336,18.0333,17.8759,17.9542,
EXC,2010-12-09,17.9629,17.9942,17.8174,17.9542,
EXC,2010-12-10,18.0567,18.212,17.9542,18.1486,"Deere sells its wind energy arm for $900m As part of an effort to redouble scrutiny on farm-equipment business, John Deere & Company ( DE ) finalized sale of its wind-energy business to a company under the Exelon ( EXC ) umbrella, the Associated Press reports . Completed on Friday, the $900 million sale of John Deere Renewables wraps up a deal that first emerged in August. The new company will be named Exelon Wind and it will be operated by Exelon Generation. Because Deere was known to be shopping its wind-energy business, observers and analysts advised potential buyers of the likelihood of getting a good deal. At one time, Deere believed the wind energy industry was germane to farm-equipment business interests due to turbines typically situated in rural regions. The company devoted five years and $1 billion cultivating the business and supplying it with equipment from Suzlon Energy (SUZLON), an Indian company. Considered a major player in the nuclear power industry, Chicago, Illinois-based Exelon has been exploring wind energy potential in various U.S. states. Electricity customers in Illinois and Pennsylvania total about 5.4 million and 500,000 customers in Philadelphia purchase its natural gas. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2010-12-13,18.4378,18.683,18.2707,18.4778,
EXC,2010-12-14,18.5072,18.6967,18.4866,18.5491,
EXC,2010-12-15,18.5345,18.7025,18.4573,18.5072,
EXC,2010-12-16,18.5413,18.5892,18.2307,18.5599,
EXC,2010-12-17,18.5247,18.6313,18.4153,18.6204,
EXC,2010-12-20,18.6664,18.8062,18.6527,18.7415,
EXC,2010-12-21,18.7611,18.8921,18.7064,18.7181,
EXC,2010-12-22,18.7415,19.0279,18.7288,18.9742,
EXC,2010-12-23,18.9644,19.1715,18.937,18.9889,
EXC,2010-12-27,18.9742,19.106,18.8638,18.937,
EXC,2010-12-28,18.9272,19.0327,18.8579,19.0171,
EXC,2010-12-29,19.0347,19.0396,18.7709,18.8422,
EXC,2010-12-30,18.7709,18.8911,18.7161,18.7992,
EXC,2010-12-31,18.807,18.9439,18.7161,18.8726,
EXC,2011-01-03,19.0279,19.0416,18.8686,19.0083,
EXC,2011-01-04,19.0386,19.2839,18.9458,19.2497,
EXC,2011-01-05,19.2653,19.3688,19.2067,19.3591,
EXC,2011-01-06,19.3356,19.4402,19.2067,19.3405,
EXC,2011-01-07,19.3405,19.3885,19.151,19.2995,
EXC,2011-01-10,19.2653,19.278,19.0817,19.1411,
EXC,2011-01-11,19.2067,19.2067,18.9889,19.0327,
EXC,2011-01-12,19.1314,19.4987,19.0386,19.2995,
EXC,2011-01-13,19.2907,19.3268,19.069,19.2067,
EXC,2011-01-14,19.2594,19.4314,19.1266,19.4314,
EXC,2011-01-18,19.3728,19.532,19.2653,19.4549,
EXC,2011-01-19,19.449,19.5086,19.3083,19.4089,
EXC,2011-01-20,19.364,19.6991,19.2653,19.6493,
EXC,2011-01-21,19.7089,19.7157,19.5564,19.5867,
EXC,2011-01-24,19.6053,19.7244,19.537,19.6717,
EXC,2011-01-25,19.6073,19.7294,19.495,19.5818,
EXC,2011-01-26,19.49,19.6991,19.3591,19.5037,
EXC,2011-01-27,19.4616,19.5457,19.2272,19.2702,
EXC,2011-01-28,19.2702,19.4089,18.9829,18.9966,
EXC,2011-01-31,19.0777,19.3435,19.062,19.2702,
EXC,2011-02-01,19.3942,19.3992,19.1685,19.3268,
EXC,2011-02-02,19.2995,19.485,19.2272,19.2741,
EXC,2011-02-03,19.2185,19.5897,19.1764,19.5516,
EXC,2011-02-04,19.5281,19.6053,19.3171,19.3777,
EXC,2011-02-07,19.4089,19.6073,19.3777,19.6004,
EXC,2011-02-08,19.5457,19.5711,19.4578,19.4987,
EXC,2011-02-09,19.4402,19.5614,19.3591,19.5281,
EXC,2011-02-10,19.5086,19.6258,19.4549,19.6111,
EXC,2011-02-11,19.2868,19.364,19.0445,19.064,
EXC,2011-02-14,19.0171,19.06,18.7699,18.7944,
EXC,2011-02-15,18.7719,18.8062,18.6029,18.6741,
EXC,2011-02-16,18.6878,18.8501,18.599,18.6713,
EXC,2011-02-17,18.7064,18.8871,18.6741,18.7514,
EXC,2011-02-18,18.8062,18.8559,18.7328,18.8461,
EXC,2011-02-22,18.7328,18.9556,18.7104,18.9322,
EXC,2011-02-23,18.937,19.0083,18.7387,18.7387,
EXC,2011-02-24,18.7699,18.7699,18.5853,18.6741,
EXC,2011-02-25,18.7328,18.7415,18.643,18.7133,
EXC,2011-02-28,18.769,19.0152,18.7358,18.9272,
EXC,2011-03-01,18.9322,18.9595,18.5853,18.6273,
EXC,2011-03-02,18.6467,18.6967,18.5452,18.6029,
EXC,2011-03-03,18.683,18.8002,18.6713,18.7611,
EXC,2011-03-04,18.7768,18.896,18.5306,18.643,
EXC,2011-03-07,18.7181,19.0327,18.7025,18.9556,
EXC,2011-03-08,19.0171,19.1764,19.0034,19.0132,
EXC,2011-03-09,19.023,19.6991,19.023,19.6111,"Energy stocks fall, as oil drillers weigh Exxon Mobil shares dip slightly as company meets with analysts Exxon Mobil shares dip slightly as the company meets with analysts."
EXC,2011-03-10,19.6385,19.7391,19.3405,19.4706,
EXC,2011-03-11,19.537,19.7538,19.449,19.5614,
EXC,2011-03-14,18.5853,19.4763,18.4925,19.4402,Midday Update from MarketWatch Radio Network The latest money news from Don Morgan.
EXC,2011-03-15,18.8207,18.937,18.3488,18.7387,"Energy stocks curb losses, Chevron up Goldman upgrade of Exxon provides no li; First Solar shines Goldman Sachs upgrade of Exxon provides no lift; First Solar shines."
EXC,2011-03-16,18.6547,18.6595,17.704,18.1094,"[""Energy stocks enveloped by equities drop Energy stocks continue their reaction to uncertainty over nuclear Peabody, Southwestern, Chesapeake, Range Resources remain in positive territory, even as DJIA and S&P 500 go negative for the year on Japan\u2019s nuclear-power woes."", ""U.S. utility stocks hit by Japan\u2019s nuclear crisis Utility sector top decliner on S&P 500 so far this week U.S. utility stocks, usually considered a safe and even dull investment, have been anything but boring during Japan\u2019s unfolding nuclear crisis.""]"
EXC,2011-03-17,18.2618,18.3165,17.7343,18.212,
EXC,2011-03-18,18.3488,18.3986,17.9942,18.1426,
EXC,2011-03-21,18.2648,18.3849,18.1759,18.3488,
EXC,2011-03-22,18.3538,18.7064,18.3118,18.6166,
EXC,2011-03-23,18.5746,18.6117,18.4153,18.5413,
EXC,2011-03-24,18.5452,18.6664,18.3889,18.5892,
EXC,2011-03-25,18.643,18.6664,18.3849,18.3986,
EXC,2011-03-28,18.3889,18.4866,18.2013,18.217,
EXC,2011-03-29,18.212,18.5217,18.1886,18.4778,
EXC,2011-03-30,18.5746,18.8833,18.5452,18.7915,
EXC,2011-03-31,18.7572,18.7827,18.6058,18.6937,
EXC,2011-04-01,18.7064,18.7572,18.6204,18.6547,
EXC,2011-04-04,18.6547,18.7064,18.5599,18.6117,
EXC,2011-04-05,18.5892,18.6038,18.4523,18.471,
EXC,2011-04-06,18.4866,18.6741,18.4612,18.5531,"[""End of the Nuclear Renaissance, the Future of Natural Gas, and the Case for MLPs Ian McAbeer submits: It may be hard to believe, but of all the nuclear power plants currently operating in the United States, every one broke ground prior to 1975. Even the most youthful nuclear facility is now approaching 40 years of age. There are currently 104 actively operating nuclear reactors in the United States (see the accompanying map) and despite more than 3 decades without a single new plant constructed, the installed base of nuclear generating capacity still produces 20% of all the electricity consumed in the United States. (Click to expand) For many years now there has been talk of a \""nuclear renaissance\"" in the United States. After being unpopular for so long, nuclear power had recently become one of the few subjects upon which both conservatives and liberals seemed to find common ground. Conservatives liked the fact that nuclear power could reduce our dependence on foreign oil. Liberals liked the fact that nuclear power could reduce greenhouse gas emissions. Such common ground is rare among politicians these days\u2026.so the nuclear renaissance appeared to be inevitable. Unfortunately, nuclear power is not without its own problems. Aside from the obvious issues related to the handling and storage of nuclear waste (read about Yucca Mountain if you want to know more), nuclear power safety considerations contain an asymmetry that make it unpalatable for many people. Things don't go wrong with nuclear power plants very often, but when they do wrong, they tend to go horribly wrong. Naturally, this brings us to the present situation in Japan. A once-in-a-century-magnitude earthquake created a tsunami that knocked out power at a nuclear facility, which was never designed to withstand such a great earthquake in the first place. The tragic situation in Japan has rekindled nuclear skepticism around the world, not unlike the sentiment in the U.S. in the 1970s, following the meltdown at Three Mile Island. Although the relatively quick change in public mood may appear to be a temporary over-reaction, the truth is that the nuclear renaissance in the U.S. was over before it ever began, and the recent events in Japan have only served to strengthen the argument. You may not believe me at this point. You may think that I'm simply falling into the same reactionary sentiment as the public at large. Well, perhaps you'll believe John Rowe. John W. Rowe is the Chairman and CEO of Exelon Corporation ( EXC ), the largest owner of nuclear power plants in the United States, including 17 of the 104 aforementioned reactors. John Rowe is widely considered to be an expert in the energy and utility industries and is a self-described \""nuclear guy\"" - which probably comes as no surprise given his employment as the CEO of Exelon. On March 8, 2011, precisely 3 days before the earthquake and tsunami in Japan, Mr. Rowe gave an interview and speech before the American Enterprise Institute. During the interview Mr. Rowe said the following (edited slightly for readability): Mr. Rowe went on to say that this isn't some theoretical ideal, which may or may not happen. The transition is underway at this very moment due to free markets at work: Looking beyond the next 20 years, Mr. Rowe had the following things to say: Mr. Rowe went on to describe his \""vision\"" of a future technology base for electricity generation and it focused on a combination of wind, solar, and natural gas, with natural gas being the \""bridge technology\"" that alleviates our reliance on coal, oil and nuclear power. Now, if all of these comments were coming from a wind, solar, or natural gas company executive, it wouldn't be particularly newsworthy. But, as I said, Mr. Rowe happens to be the CEO of the largest nuclear power plant operator in the United States, and that makes his comments very interesting indeed, even more so when you keep in mind that he made these remarks three days before the tragic events in Japan. We can ask a fundamental question: If Mr. Rowe won't build a new nuclear plant in the U.S., who will? The answer is - nobody. There may be an energy renaissance in the United States over the coming decades, but new nuclear facilities won't be part of the solution. This obviously creates a lot of interesting investment opportunities in those sectors that do stand to benefit from the decline of the nuclear power industry in this country, and thoughtful investors should focus their attention accordingly. At first glance, this sort of investment opportunity may seem like a lay-up, of sorts: just go out and buy the stocks of natural gas producers. However, I believe that owning natural gas producers in this environment is a losing strategy, at least for the next few years. All of the credible long-term price forecasts suggest that there is so much excess supply of natural gas in the U.S., that prices will be flat for the next decade, and perhaps longer. Any investment that requires a higher gas price in order to do well is likely to be an investment that disappoints. Frankly, I don't know if the price of natural gas will be higher or lower in the next 5 years and I don't really care. Prices could go up, but probably not too much because there is so much supply. As a result, any investment related to natural gas should focus on consumption volume, not market price trends. This means that our investments in this area need to avoid the gas producers, and focus on the transportation companies - the infrastructure of the natural gas industry. This leads us to master limited partnerships. I won't get into the details of MLPs themselves, but there are many good articles on the subject by other authors on Seeking Alpha. Instead, I'll just mention a handful of the MLPs that happen to focus on natural gas gathering, transportation and distribution. To that end, the primary natural gas MLPs that have interested me are the following: Kinder Morgan, LP ( KMP ) Energy Transfer Partners, LP ( ETP ) Boardwalk Pipeline Partners, LP ( BWP ) ONEOK Partners, LP ( OKS ) Enterprise Product Partners, LP (EPD) Spectra Energy Partners, LP (SEP) Each company has different merits depending on an investor's views and risk tolerance, but all of these partnerships have attractive fee-based assets with inflation-adjusted rate escalators, attractive distribution yields, growth opportunities, and all of them will benefit significantly from increased natural gas consumption in the United States. These 6 MLPs alone have pipeline capacity that is capable of handling more than 40% of all the daily natural gas consumption in the entire United States. Suffice to say, an investment in these companies represents a position that stands to benefit from growing demand for natural gas. There are a few important points that need to be understood about my perspective on the energy industry and my belief in the inevitability that natural gas will be the most attractive new fuel source for the next two decades, or longer. First, although this may seem like a U.S. centric investment, it really isn't. The U.S. economy doesn't need to grow at all for these investments to do very well. Even in the absence of any economic growth whatsoever, U.S. demand for natural gas will continue to grow because we will see, on the margin, a decline in coal-fired and nuclear electricity generation in this country. Coal and nuclear are far less economic, and coal is much more damaging to the environment. Second, it is highly probable that the price of oil will continue to march steadily higher over the next 10 to 20 years. Even if U.S. oil consumption remains flat, emerging market economies will continue to grow and consume more oil, therefore the global price of oil will continue to rise. With every increase in the price of crude, natural gas becomes much more economically attractive. Finally, because of the global nature of the crude oil market and instability in the Middle East, we will always be at risk of price and supply shocks in global oil markets. By having investments that are focused on domestic natural gas, investors are inherently hedging some of the risk that stems from adverse developments in the Middle East. It is impossible for the U.S. to achieve energy independence, but natural gas will make us less dependent and thereby improve the nation's energy security, and the security of investors' portfolios. Disclosure: I am long KMP , ETP . More: Earl Hines' top natural-gas play is also his top conviction holding \u00bb See also Van Eck Debuts Latin America Bond ETF on seekingalpha.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""End of the Nuclear Renaissance and the Future of Natural Gas Ian McAbeer submits: It may be hard to believe, but of all the nuclear power plants currently operating in the United States, every one broke ground prior to 1975. Even the most youthful nuclear facility is now approaching 40 years of age. There are currently 104 actively operating nuclear reactors in the United States (see the accompanying map) and despite more than 3 decades without a single new plant constructed, the installed base of nuclear generating capacity still produces 20% of all the electricity consumed in the United States. (Click to expand) For many years now there has been talk of a \""nuclear renaissance\"" in the United States. After being unpopular for so long, nuclear power had recently become one of the few subjects upon which both conservatives and liberals seemed to find common ground. Conservatives liked the fact that nuclear power could reduce our dependence on foreign oil. Liberals liked the fact that nuclear power could reduce greenhouse gas emissions. Such common ground is rare among politicians these days\u2026.so the nuclear renaissance appeared to be inevitable. Unfortunately, nuclear power is not without its own problems. Aside from the obvious issues related to the handling and storage of nuclear waste (read about Yucca Mountain if you want to know more), nuclear power safety considerations contain an asymmetry that make it unpalatable for many people. Things don't go wrong with nuclear power plants very often, but when they do wrong, they tend to go horribly wrong. Naturally, this brings us to the present situation in Japan. A once-in-a-century-magnitude earthquake created a tsunami that knocked out power at a nuclear facility, which was never designed to withstand such a great earthquake in the first place. The tragic situation in Japan has rekindled nuclear skepticism around the world, not unlike the sentiment in the U.S. in the 1970s, following the meltdown at Three Mile Island. Although the relatively quick change in public mood may appear to be a temporary over-reaction, the truth is that the nuclear renaissance in the U.S. was over before it ever began, and the recent events in Japan have only served to strengthen the argument. You may not believe me at this point. You may think that I'm simply falling into the same reactionary sentiment as the public at large. Well, perhaps you'll believe John Rowe. John W. Rowe is the Chairman and CEO of Exelon Corporation ( EXC ), the largest owner of nuclear power plants in the United States, including 17 of the 104 aforementioned reactors. John Rowe is widely considered to be an expert in the energy and utility industries and is a self-described \""nuclear guy\"" - which probably comes as no surprise given his employment as the CEO of Exelon. On March 8, 2011, precisely 3 days before the earthquake and tsunami in Japan, Mr. Rowe gave an interview and speech before the American Enterprise Institute. During the interview Mr. Rowe said the following (edited slightly for readability): Mr. Rowe went on to say that this isn't some theoretical ideal, which may or may not happen. The transition is underway at this very moment due to free markets at work: Looking beyond the next 20 years, Mr. Rowe had the following things to say: Mr. Rowe went on to describe his \""vision\"" of a future technology base for electricity generation and it focused on a combination of wind, solar, and natural gas, with natural gas being the \""bridge technology\"" that alleviates our reliance on coal, oil and nuclear power. Now, if all of these comments were coming from a wind, solar, or natural gas company executive, it wouldn't be particularly newsworthy. But, as I said, Mr. Rowe happens to be the CEO of the largest nuclear power plant operator in the United States, and that makes his comments very interesting indeed, even more so when you keep in mind that he made these remarks three days before the tragic events in Japan. We can ask a fundamental question: If Mr. Rowe won't build a new nuclear plant in the U.S., who will? The answer is - nobody. There may be an energy renaissance in the United States over the coming decades, but new nuclear facilities won't be part of the solution. This obviously creates a lot of interesting investment opportunities in those sectors that do stand to benefit from the decline of the nuclear power industry in this country, and thoughtful investors should focus their attention accordingly. At first glance, this sort of investment opportunity may seem like a lay-up, of sorts: just go out and buy the stocks of natural gas producers. However, I believe that owning natural gas producers in this environment is a losing strategy, at least for the next few years. All of the credible long-term price forecasts suggest that there is so much excess supply of natural gas in the U.S., that prices will be flat for the next decade, and perhaps longer. Any investment that requires a higher gas price in order to do well is likely to be an investment that disappoints. Frankly, I don't know if the price of natural gas will be higher or lower in the next 5 years and I don't really care. Prices could go up, but probably not too much because there is so much supply. As a result, any investment related to natural gas should focus on consumption volume, not market price trends. This means that our investments in this area need to avoid the gas producers, and focus on the transportation companies - the infrastructure of the natural gas industry. This leads us to master limited partnerships. I won't get into the details of MLPs themselves, but there are many good articles on the subject by other authors on Seeking Alpha. Instead, I'll just mention a handful of the MLPs that happen to focus on natural gas gathering, transportation and distribution. To that end, the primary natural gas MLPs that have interested me are the following: Kinder Morgan, LP ( KMP ) Energy Transfer Partners, LP ( ETP ) Boardwalk Pipeline Partners, LP ( BWP ) ONEOK Partners, LP ( OKS ) Enterprise Product Partners, LP (EPD) Spectra Energy Partners, LP (SEP) Each company has different merits depending on an investor's views and risk tolerance, but all of these partnerships have attractive fee-based assets with inflation-adjusted rate escalators, attractive distribution yields, growth opportunities, and all of them will benefit significantly from increased natural gas consumption in the United States. These 6 MLPs alone have pipeline capacity that is capable of handling more than 40% of all the daily natural gas consumption in the entire United States. Suffice to say, an investment in these companies represents a position that stands to benefit from growing demand for natural gas. There are a few important points that need to be understood about my perspective on the energy industry and my belief in the inevitability that natural gas will be the most attractive new fuel source for the next two decades, or longer. First, although this may seem like a U.S. centric investment, it really isn't. The U.S. economy doesn't need to grow at all for these investments to do very well. Even in the absence of any economic growth whatsoever, U.S. demand for natural gas will continue to grow because we will see, on the margin, a decline in coal-fired and nuclear electricity generation in this country. Coal and nuclear are far less economic, and coal is much more damaging to the environment. Second, it is highly probable that the price of oil will continue to march steadily higher over the next 10 to 20 years. Even if U.S. oil consumption remains flat, emerging market economies will continue to grow and consume more oil, therefore the global price of oil will continue to rise. With every increase in the price of crude, natural gas becomes much more economically attractive. Finally, because of the global nature of the crude oil market and instability in the Middle East, we will always be at risk of price and supply shocks in global oil markets. By having investments that are focused on domestic natural gas, investors are inherently hedging some of the risk that stems from adverse developments in the Middle East. It is impossible for the U.S. to achieve energy independence, but natural gas will make us less dependent and thereby improve the nation's energy security, and the security of investors' portfolios. Disclosure: I am long KMP , ETP . More: Earl Hines' top natural-gas play is also his top conviction holding \u00bb See also India: The Next Big Solar Market on seekingalpha.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2011-04-07,18.5022,18.5345,18.3557,18.427,
EXC,2011-04-08,18.5072,18.5072,18.2472,18.3283,
EXC,2011-04-11,18.3703,18.3703,18.0537,18.0704,
EXC,2011-04-12,18.0303,18.1026,17.9189,18.0255,
EXC,2011-04-13,18.1388,18.2755,18.0831,18.0831,
EXC,2011-04-14,17.9853,18.2804,17.9726,18.2227,
EXC,2011-04-15,18.2227,18.4739,18.1886,18.4241,
EXC,2011-04-18,18.3078,18.4202,18.1573,18.2804,
EXC,2011-04-19,18.2804,18.3118,18.1534,18.2599,
EXC,2011-04-20,18.4338,18.5413,18.3078,18.3752,
EXC,2011-04-21,18.4573,18.4661,18.3488,18.4241,
EXC,2011-04-25,18.4202,18.5599,18.3752,18.4778,
EXC,2011-04-26,18.5696,18.8052,18.512,18.6614,"Stocks to watch Wednesday: Boeing, eBay Other companies reporting earnings include Starbucks, ConocoPhillips, Whirlpool, Aflac"
EXC,2011-04-27,18.8461,18.8726,18.5306,18.8062,"Stocks to watch Wednesday: Boeing, Costco, eBay Boeing headlines Dow component earnings, while defense contractors General Dynamics and Northrop Grumman and energy giant ConocoPhillips also will feature among the many companies reporting results Wednesday."
EXC,2011-04-28,18.8774,19.1921,18.4446,19.1177,"[""Will Constellation Deal Power Up Nuclear ETFs? Exchange traded funds (ETFs) that invest in nuclear energy have been hit hard by the crisis in Japan, but Exelon's ( EXC ) nearly $8 billion deal for Constellation Energy ( CEG ) could provide a positive catalyst. Exelon is also a top holding in many utilities ETFs. \""Both Exelon and Constellation have long sought merger partners. Given the pressure on Exelon's earnings outlook created by anemic power prices, it makes sense that the company should seek to expand its regulated utility footprint while also adding a significant customer-facing presence,\"" said analysts at BMO Capital Markets in a research note. \""From Constellation's perspective, in addition to the share price premium and dividend increase, Exelon brings hard assets to support its competitive energy products business,\"" the analysts wrote. \""We believe the companies have taken steps to address potential regulatory concerns, including mitigating competitive issues and maintaining a significant presence in Baltimore.\"" Exelon is a component in Utilities HOLDRS ( UTH ), Market Vectors Uranium + Nuclear Energy ETF (NYSEArca: NLR), Utilities Select Sector SPDR Fund (NYSEArca: XLU), Vanguard Utilities ETF (NYSEArca: VPU), iShares Dow Jones U.S. Utilities (NYSEArca: IDU), and iShares S&P Global Nuclear Energy Index (NYSEArca: NUCL). \""Constellation's low-cost nuclear and coal-fired generating fleet and top-tier operations create sustained cost advantages,\"" noted Morningstar analysts in a profile of the company. \""Unlike most diversified utilities, Constellation's nonutility business is primarily a customer supply operation supported by its merchant generation portfolio,\"" according to the profile. \""Constellation is the largest retail power supplier in the United States with a 14% share of the commercial and industrial market. It also has a 5% share of the wholesale market.\"" The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks Mixed at Session's Half on Slowing Q1 Economy; Crude Futures Advance Stock are mixed in mid-day trading as investors digest new data showing the economy slowed in the first quarter while weekly jobless claims moved higher. But a rise in pending home sales in March is lending support, with both the Dow and S&P 500 clinging to gains. Pending home sales contracts rose 5.1% last month, sending the National Association of Realtors' pending home sales index up to 94.1. That's 24% over last June when the index bottomed out. A reading over 100 signals a healthy market. But weighing on investors, real gross domestic product rose at a 1.8% annualized rate in the first quarter, down from a 3.1% increase in the fourth quarter, due to a slowdown in consumer spending. Wall Street was expecting a 1.7% reading. Also out, weekly jobless claims jump 25,000 to 429,000 in the latest week. Economists surveyed by MarketWatch had expected claims to decline to 395,000. Claims in the prior week were revised up slightly to 404,000. The average of new claims over the past four weeks, meanwhile, rose by 9,250 to 408,500, the highest level since mid-February. In company news: Vertex Pharmaceuticals ( VRTX ) is higher as the FDA's Antiviral Drugs Advisory Committee meets today to review the New Drug Application (NDA) for telaprevir. The NDA for telaprevir was granted Priority Review by the FDA, and the FDA is expected to make a decision on the approval of telaprevir by May 23. The boards of directors of Exelon Corporation ( EXC ) and Constellation Energy ( CEG ) confirmed late Wednesday reports that they have signed a definitive agreement to combine the two companies in a stock-for-stock transaction. The resulting company will retain the Exelon name and be headquartered in Chicago. CytRx ( CYTR ) is up after it says its tumor-targeting, pro-drug candidate INNO-206 has been approved for orphan drug designation to treat patients with pancreatic cancer by the Office of Orphan Products Development of the U.S. Food and Drug Administration (FDA). CYTR holds the exclusive worldwide development and commercialization rights to INNO-206. Shares of BB&T Corp. ( BBT ) and PNC Financial (PNC) are higher after a Bloomberg report that the two have shown interest in buying Royal Bank of Canada's (RBC) US consumer bank. RBC is said to be seeking stock for its consumer unit instead of cash, the report said, citing people with knowledge of the matter. Apple (AAPL) shares are lower after the computer maker purchased the iCloud name for $4.5 million, according to the Silicon Valley/San Jose Business Journal. The purchase is reported to be for a cloud-based music service. The name was being used by Xcerion, a Swedish company, for a cloud storage product until earlier this month. In earnings news: --Royal Caribbean (RCL) says it earned $0.42 per share in Q1, up from a year ago. Revenues rose to $1.7 billion from $1.5 billion a year ago. It says full year EPS guidance has been reduced by $0.15 per share to a range of $3.10 to $3.30. --Hercules Offshore (HERO) says Q1 net loss was $0.12 per diluted share, on revenue of $166.2 million. The Thomson Reuters mean was for a $0.13 loss on sales of $164.40 million. --Viacom (VIA,VIA.B) says Q2 sales were $3.27 billion, more than the Thomson Reuters mean for $3.00929 billion. Adjusted EPS were $0.72, a dime above forecasts. --Aetna (AET) says Q1 operating earnings were $1.43 per share, above the Thomson Reuters mean of $0.97. Sales were $8.3 billion, about in line with the FactSet Research estimate for $8.32 billion. FY EPS are now seen between $4.20 and $4.30, above estimates for $3.73. --Procter & Gamble (PG) reports fiscal Q3 EPS from continuing operations of $0.96, up 16% from the year-ago period but a penny below the Street view for $0.97. Sales of $20.2 billion rose 5%. The company guides for 2011 EPS at $3.89 to $3.94. The Street is at $3.96. --InterMune (ITMN) says it is not currently in discussions regarding a sale of the company. Q1 sales rose to $6.4 million from a year ago from $6.1 million. Net loss narrowed $0.57 from a loss of $0.66 per share a year ago. --Exxon Mobil (XOM) is reporting Q1 EPS of $2.14 compared to $1.33 a year earlier and topping the Thomson Reuters mean analyst estimate for $2.07, according to reports. Revenue of $114 billion is up from $90 billion. The Street expected $114.9 billion. Commodities are higher. June gold contracts are up 1.25%, to $1,536 an ounce while June crude oil contacts are up 0.66% to $113.50 a barrel. In energy ETFs, the United States Oil Fund (USO) is down 0.44% to $44.82 and the United States Natural Gas fund (UNG) is up 3.16%, to $11.74. In precious metal ETFs, the SPDR Gold Trust (GLD) is up 0.03% at $149.24. Market Vectors Gold Miners (GDX) is up 0.32% to $61.81. iShares Silver Trust (SLV) is up 0.57% to $47.30. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mid-Day Update: Stocks Mixed as GDP Data Weighs; Jobless Claims Rise Here's where markets stand at mid-day: -NYSE down 1.52 (-0.02%) to 8,607.76 -DJIA up 13.89 (+0.11%) to 12,704.85 -S&P 500 down 0.19 (-0.01%) to 1,355.47 -Nasdaq down 8.26 (-0.29%) to 2,861.57 GLOBAL SENTIMENT Hang Seng down 0.37% Nikkei up 1.63% FTSE up 0.03% MID-DAY NYSE INDEX WATCH NYSE Energy down 0.46% at 14,305.41 NYSE Financial up 0.43% at 5,225.80 NYSE Health Care up 0.18% at 7,248.81 NYSE Arca Tech 100 down 0.58% at 1,193.76 UPSIDE MOVERS (+) GES (+2.8%) upgraded. (+) ERIC (+1.9%) upgraded. (+) FTNT (+15%) beats with results, offers upbeat outlook. (+) S (+4.8%) beats with Q1 results. (+) DOW (+0.9%) beats with results. (+) AET (+4.9%) beats with results, raises outlook. (+) CEG (+2.4%) merging with Exelon. (+) PG (+0.4%) misses with EPS, guides below Street. (+) PEP (+1.4%) beats with results, maintains guidance. DOWNSIDE MOVERS (-) EBAY (-0.8%) upgraded. (-) BMY (-0.3%) beats with results. (-) BIDU (-1.9%) beats earnings estimates. (-) AKAM (-14%) continues evening drop after earnings beat, guidance disappoints. (-) XOM (-0.8%) down even as earnings beat. (-) COP (-2.9%) downgraded. (-) ITRI (-0.9%) downgraded. (-) ITMN (-5.7%) results up vs year ago but says not in talks for sale. (-) MGIC (-8.2%) down despite improved quarter. (-) SAP (-7.1%) misses with earnings. (-) URBN (-3.3%) downgraded. MARKET DIRECTION Stock are mixed in mid-day trading as investors digest new data showing the economy slowed in the first quarter while weekly jobless claims moved higher. But a rise in pending home sales in March is lending support, with both the Dow and S&P 500 clinging to gains. Pending home sales contracts rose 5.1% last month, sending the National Association of Realtors' pending home sales index up to 94.1. That's 24% over last June when the index bottomed out. A reading over 100 signals a healthy market. But weighing on investors, real gross domestic product rose at a 1.8% annualized rate in the first quarter, down from a 3.1% increase in the fourth quarter, due to a slowdown in consumer spending. Wall Street was expecting a 1.7% reading. Also out, weekly jobless claims jump 25,000 to 429,000 in the latest week. Economists surveyed by MarketWatch had expected claims to decline to 395,000. Claims in the prior week were revised up slightly to 404,000. The average of new claims over the past four weeks, meanwhile, rose by 9,250 to 408,500, the highest level since mid-February. In company news: Vertex Pharmaceuticals ( VRTX ) is higher as the FDA's Antiviral Drugs Advisory Committee meets today to review the New Drug Application (NDA) for telaprevir. The NDA for telaprevir was granted Priority Review by the FDA, and the FDA is expected to make a decision on the approval of telaprevir by May 23. The boards of directors of Exelon Corporation ( EXC ) and Constellation Energy ( CEG ) confirmed late Wednesday reports that they have signed a definitive agreement to combine the two companies in a stock-for-stock transaction. The resulting company will retain the Exelon name and be headquartered in Chicago. CytRx ( CYTR ) is up after it says its tumor-targeting, pro-drug candidate INNO-206 has been approved for orphan drug designation to treat patients with pancreatic cancer by the Office of Orphan Products Development of the U.S. Food and Drug Administration (FDA). CYTR holds the exclusive worldwide development and commercialization rights to INNO-206. Shares of BB&T Corp. ( BBT ) and PNC Financial (PNC) are higher after a Bloomberg report that the two have shown interest in buying Royal Bank of Canada's (RBC) US consumer bank. RBC is said to be seeking stock for its consumer unit instead of cash, the report said, citing people with knowledge of the matter. Apple (AAPL) shares are lower after the computer maker purchased the iCloud name for $4.5 million, according to the Silicon Valley/San Jose Business Journal. The purchase is reported to be for a cloud-based music service. The name was being used by Xcerion, a Swedish company, for a cloud storage product until earlier this month. In earnings news: --Royal Caribbean (RCL) says it earned $0.42 per share in Q1, up from a year ago. Revenues rose to $1.7 billion from $1.5 billion a year ago. It says full year EPS guidance has been reduced by $0.15 per share to a range of $3.10 to $3.30. --Hercules Offshore (HERO) says Q1 net loss was $0.12 per diluted share, on revenue of $166.2 million. The Thomson Reuters mean was for a $0.13 loss on sales of $164.40 million. --Viacom (VIA,VIA.B) says Q2 sales were $3.27 billion, more than the Thomson Reuters mean for $3.00929 billion. Adjusted EPS were $0.72, a dime above forecasts. --Aetna (AET) says Q1 operating earnings were $1.43 per share, above the Thomson Reuters mean of $0.97. Sales were $8.3 billion, about in line with the FactSet Research estimate for $8.32 billion. FY EPS are now seen between $4.20 and $4.30, above estimates for $3.73. --Procter & Gamble (PG) reports fiscal Q3 EPS from continuing operations of $0.96, up 16% from the year-ago period but a penny below the Street view for $0.97. Sales of $20.2 billion rose 5%. The company guides for 2011 EPS at $3.89 to $3.94. The Street is at $3.96. --InterMune (ITMN) says it is not currently in discussions regarding a sale of the company. Q1 sales rose to $6.4 million from a year ago from $6.1 million. Net loss narrowed $0.57 from a loss of $0.66 per share a year ago. --Exxon Mobil (XOM) is reporting Q1 EPS of $2.14 compared to $1.33 a year earlier and topping the Thomson Reuters mean analyst estimate for $2.07, according to reports. Revenue of $114 billion is up from $90 billion. The Street expected $114.9 billion. Commodities are higher. June gold contracts are up 1.25%, to $1,536 an ounce while June crude oil contacts are up 0.66% to $113.50 a barrel. In energy ETFs, the United States Oil Fund (USO) is down 0.44% to $44.82 and the United States Natural Gas fund (UNG) is up 3.16%, to $11.74. In precious metal ETFs, the SPDR Gold Trust (GLD) is up 0.03% at $149.24. Market Vectors Gold Miners (GDX) is up 0.32% to $61.81. iShares Silver Trust (SLV) is up 0.57% to $47.30. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Deal for Constellation Thrusts Utilities, Nuclear ETFs in Spotlight Exelon's ( EXC ) nearly $8 billion bid for Constellation Energy ( CEG ) on Thursday could stoke action in exchange traded funds (ETFs) that follow utilities and nuclear-energy stocks. Exelon is the largest operator of U.S. nuclear power plants, and the deal would add stakes in five reactors in Maryland and New York, Bloomberg reported. \""The utility space has been an active one for mergers and acquisitions, as companies seek to cut costs and increase scale,\"" reports New York Times DealBook. The resulting company will retain the Exelon name and be headquartered in Chicago, according to a press release. \""This merger creates the number one competitive energy provider with one of the industry's cleanest and lowest-cost power generation fleets and one of the largest commercial, industrial and residential customer bases in the U.S.,\"" said Exelon Chairman and CEO John W. Rowe in a prepared statement. Exelon is a top holding in Utilities HOLDRS ( UTH ), Market Vectors Uranium + Nuclear Energy ETF (NYSEArca: NLR), Utilities Select Sector SPDR Fund (NYSEArca: XLU), Vanguard Utilities ETF (NYSEArca: VPU), iShares Dow Jones U.S. Utilities (NYSEArca: IDU), and iShares S&P Global Nuclear Energy Index (NYSEArca: NUCL). Constellation shares were up more than 7% in premarket trading Thursday. ETFs that invest in nuclear energy and uranium have fallen sharply amid Japan's nuclear disaster. [Nuclear ETFs and the Japan Disaster.] The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Wall Street Likes Exelon, Constellation Combo Some Wall Street analysts are bullish on the merger of Exelon ( EXC ) and Constellation Energy ( CEG ) in the wake of the deal's announcement Thursday. The deal could provide a catalyst for nuclear and utilities exchange traded funds (ETFs) such as Utilities HOLDRS ( UTH ), Market Vectors Uranium + Nuclear Energy ETF (NYSEArca: NLR), Utilities Select Sector SPDR Fund (NYSEArca: XLU), Vanguard Utilities ETF (NYSEArca: VPU), iShares Dow Jones U.S. Utilities (NYSEArca: IDU) and iShares S&P Global Nuclear Energy Index (NYSEArca: NUCL). Combining Exelon and Constellation \""would have a solid strategic rationale bringing together the largest U.S. merchant generation fleet and the largest retail electricity supplier,\"" said Deutsche Bank analysts in a note. \""Exelon's generation would likely capture incremental margins through Constellation's retail sales channels while CEG's retail business - effectively a short power position - would arguably be more manageable aligned with Exelon's generation,\"" the wrote, adding downside risks for Exelon include weaker power markets, lower sales, higher costs and higher financing requirements. \""Both Exelon and Constellation have long sought merger partners. Given the pressure on Exelon's earnings outlook created by anemic power prices, it makes sense that the company should seek to expand its regulated utility footprint while also adding a significant customer-facing presence,\"" said analysts at BMO Capital Markets in a report. \""From Constellation's perspective, in addition to the share price premium and dividend increase, Exelon brings hard assets to support its competitive energy products business,\"" they said. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks to Watch Thursday: Exxon, Microsoft Other companies to report earnings include Procter & Gamble, PepsiCo, Colgate-Palmolive Other companies to report earnings include Procter & Gamble, PepsiCo, Colgate-Palmolive"", ""Constellation Energy brightens after-hours Starbucks talks rising commodity costs, Akamai shares hit Constellation Energy\u2019s shares jump Wednesday evening after a report that the power company is in talks to be acquired, and Starbucks\u2019s shares pull back following the coffee retailer\u2019s outlook."", ""Stocks to watch Thursday: Exelon, Starwood, P&G An earnings-heavy Thursday features results from three more blue chips: Procter & Gamble, Exxon Mobil and later on, Microsoft."", ""U.S. stock futures fall further after data Aetna, Deutsche Bank rise and SAP, Akamai tumble in premarket Wall Street contends with another busy earnings day, as investors await a report on gross domestic product."", ""ExxonMobil, eBay, GDP in the spotlight THURSDAY MORNING\u2019S TOP STORIES U.S. stock futures remain lower after mixed earnings reports and data that confirmed a slowdown in U.S. economic growth during the first quarter."", ""Energy stocks edge up; Exxon dips on profit Apache gains on earnings, Cameron International drops Apache gains on earnings; Cameron International drops""]"
EXC,2011-04-29,19.1461,19.1998,18.9565,19.1129,
EXC,2011-05-02,19.1266,19.2185,18.8559,18.9419,
EXC,2011-05-03,18.9155,19.3464,18.8686,19.1529,
EXC,2011-05-04,19.1431,19.1676,18.8549,18.9175,
EXC,2011-05-05,18.9126,18.9175,18.5648,18.6332,
EXC,2011-05-06,18.8052,18.9126,18.6567,18.7084,"Stocks to watch Friday: Kraft, Visa, Priceline Priceline, Kraft and Visa are among the stocks to garner investors’ attention before the bell on Wall Street."
EXC,2011-05-09,18.7758,18.7992,18.599,18.6732,
EXC,2011-05-10,18.7358,19.2594,18.7044,19.0709,
EXC,2011-05-11,19.0709,19.1294,18.9556,19.0777,
EXC,2011-05-12,19.105,19.3229,19.0709,19.2789,
EXC,2011-05-13,19.3121,19.4529,19.0836,19.1578,
EXC,2011-05-16,19.1529,19.6649,19.1529,19.2115,
EXC,2011-05-17,19.2008,19.2917,19.1294,19.2702,
EXC,2011-05-18,19.2789,19.2995,19.0474,19.112,
EXC,2011-05-19,19.1861,19.2438,19.0836,19.1578,
EXC,2011-05-20,19.1627,19.4422,19.0777,19.3962,
EXC,2011-05-23,19.2292,19.4686,19.1921,19.2956,
EXC,2011-05-24,19.2956,19.4382,19.2839,19.3328,"Wind execs call for long-term incentives NEW YORK (MarketWatch) -- Wind energy executives on Tuesday called for long-term federal energy programs that would help development of turbine farms, including the possible extension of a tax credit program that expires at the end of 2012. Sonny Garg, president of Exelon Power, a unit of Exelon Corp. , said it's difficult to expand wind capacity without incentives such as renewable energy standards. E.On AG executive Steve Trenholm said he would like to see the production tax credit extended. AES Corp. executive Ned Hall said most of the power firm's wind investments are taking place outside the U.S. because of a lack of long-term energy policy. Hall said wind offers long-term benefits such as energy diversity. Rick Needham of Google Inc. said the tech firm on Tuesday announced a $55 million investment in Terra-Gen Power's 102 megawatt Alta IV project in the Mojave Desert. Citigroup Inc. is also investing in this project."
EXC,2011-05-25,19.3044,19.3044,19.0894,19.1705,"Wind firms talk up U.S. incentives Federal production tax credits, long-term support deemed critical Federal production tax credits, and long-term support deemed critical"
EXC,2011-05-26,19.1294,19.2115,19.0396,19.1344,
EXC,2011-05-27,19.1148,19.2594,19.0836,19.1384,
EXC,2011-05-31,19.2789,19.3004,19.1558,19.2077,
EXC,2011-06-01,19.2115,19.2839,19.1247,19.1481,
EXC,2011-06-02,19.1431,19.1431,18.9889,19.1148,
EXC,2011-06-03,18.9839,19.2175,18.9322,19.0347,
EXC,2011-06-06,18.9936,19.1861,18.8871,19.063,
EXC,2011-06-07,19.1529,19.3181,19.0191,19.0191,
EXC,2011-06-08,19.0426,19.2702,19.0152,19.1247,
EXC,2011-06-09,19.1294,19.3738,19.0474,19.108,
EXC,2011-06-10,19.1627,19.2839,19.0474,19.2115,
EXC,2011-06-13,19.2262,19.2839,19.112,19.1861,
EXC,2011-06-14,19.1861,19.3328,19.0777,19.2839,
EXC,2011-06-15,19.2223,19.2741,18.8197,18.8569,
EXC,2011-06-16,18.8803,19.106,18.8656,19.063,
EXC,2011-06-17,19.108,19.2868,19.108,19.1578,
EXC,2011-06-20,19.1148,19.2789,19.0152,19.2702,
EXC,2011-06-21,19.3044,19.4022,19.1481,19.2086,
EXC,2011-06-22,19.1754,19.2292,19.0533,19.0582,
EXC,2011-06-23,18.9322,18.9752,18.7758,18.9654,"Coal Generators Power Struggle: Consumers To Foot The Electric Bills? By EconMatters Utility giant American Electric Power (AEP) sent shock wave last week by suggesting consumers could see their electricity bills jump an estimated 40-60% in the next few years. AEP is one of the country's largest investor-owned utilities, serving parts of 11 states with more than 5 million customers. As part of the company’s plan to comply with EPA's new regulations, AEP said it would cost $6-8 billion in capital investments over the next decade to retire and retrofit its coal fired power plants to meet regulations that start taking effect in 2014. And that’s when the utility rate increases are expected to begin to appear. As noted in my other article, a study by the Brattle Group concludes that new EPA new emission regulations could push up to 50,000 MW to 67,000 MW, or 20% installed coal plant capacity into early retirement, and additional $100-180 billion investment may be needed to upgrade existing coal plants to comply with the EPA's potential mandates. Chicago Tribune also reported that generators have announced they plan to retire another 21,000 megawatts in the near future, and some industry consultant studies estimate 60,000 megawatts of power will be taken offline by 2017. So it seems the estimated impact of EPA’s new Air Toxics Standards for Utilities would be an early retirement of around 20% of coal plant capacity in the next five years or so. Those soon-to-be-retired coal plants are most likely older and smaller coal plants not far from being totally decommissioned in the first place. Steven F. Hayward, a resident scholar at the American Enterprise Institute, also commented that “…the average age of the [U.S.] coal fleet is 42 years….it is more likely to be the smaller plants that will be shut down for the simple reason that the fixed capital costs of additional pollution abatement will be too high, while the costs will not be excessively high for the larger plants.” As for the numbers from AEP, Hayward writes, “…although new gas-fired power has become very cost competitive on average, the replacement cost of small coal units with small gas units (or renewables such as wind and solar that require gas-backup) is likely to be higher than average in many cases. Hence, the kind of numbers we’re seeing out of Illinois.” Admittedly, whenever there’s new legislation affecting the industry landscape, negative impact on the cost structure is inevitable and could eventually be passed through to consumers. However, the ability to pass on the incremental cost as well as the dollar amount are still subject to market supply and demand fundamentals. Since power plants in the U.S. are used at only about half their potential full output, the estimated coal capacity retirement, which are expected to be compensated by an increase in gas power generation, most likely will not cause significant supply demand imbalance. Furthermore, electricity costs historically has been highly correlated to natural gas (See Graph Below). Even in the state of Texas which ranked number one based on total amount of coal-generated electricity in 2005, the correlation was as high as 90% from Feb. 2007 to Feb. 2008. The correlation could increase even further now that natural gas is taking the power gen market share from coal with the help of new environmental regulations and cheap Henry Hub price. Chart Source: Hess Corp. presentation, 2011 Currently, the outlook for natural gas price does not signal a surge in electricity cost any time soon as the production boom from shale gas has pressured Henry Hub prices to around $4 per mmbtu in the last two years or so. The situation is not expected to change significantly in the medium term. And here is the electricity supply and demand projection by the Energy Dept. in its Annual Energy Outlook 2011 released in April 2011: “In the Reference case, electricity demand growth rebounds but remains relatively slow, as growing demand for electricity services is offset by efficiency gains from new appliance standards and investments in energy-efficient equipment.” Chart Source: EIA “More recently, the economic recession in 2008 and 2009 caused a significant drop in electricity demand. As a result, the lower demand projected for the near term in the AEO2011 Reference case again results in excess generating capacity.” Chart Source: EIA Moreover, while there could be added costs passed through to electricity consumers; the existing slack in the power capacity, a less than robust demand outlook, and expected new capacity addition, have made it hard to see how the residential electricity costs could go up as much as “40-60% in the next few years” as AEP suggested. According to Source Watch, AEP is the top producers of coal-fired electricity in the U.S. in 2005. So it is easy to understand why American Electric Power is busy clashing with the EPA, after its peer Exelon Corp., (EXC) took the high road. Exelon is expected to benefit from this new air legislative change due to its large fleet of nuclear power plants that have low emissions and are cheap to run. Below is Exelon’s statement in March 2011 regarding proposed EPA rules as reported by MarketWatch: ""Based on our detailed review of the Air Toxics Rule and our preliminary analysis of the Section 316(b) rule, rumors of a 'train wreck' caused by new EPA regulations are simply false…. That is not to say that there is not room for additional dialogue, but these discussions need to be guided by sound science, not rhetoric….. EPA has done a good job listening to the industry and moving the ball forward."" It looks like the battle line is drawn in the power gen sector, and coal got thrown under the bus. Regarding what the final damage to consumers' wallet will be, I guess only time will tell. EconMatters, June 23, 2011 | Facebook Page | Twitter | Post Alert | Kindle The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2011-06-24,19.0426,19.3698,19.0426,19.2868,
EXC,2011-06-27,19.3659,19.447,19.3181,19.3904,
EXC,2011-06-28,19.447,19.6004,19.4333,19.536,
EXC,2011-06-29,19.5652,19.658,19.4733,19.6219,"[""Rick Mills: Which Stocks Will Win Race to Feed a Power-Hungry World? Rick Mills: Which Stocks Will Win Race to Feed a Power-Hungry World? Source: Brian Sylvester of The Energy Report (6/28/11) http://www.theenergyreport.com/pub/na/10068 Uranium and potash prices seem to be inversely correlated lately: As potash prices reach their highest levels, uranium prices have suffered. But Richard (Rick) Mills, host of Ahead of the Herd online and editor of the Ahead of the Herd newsletter, believes the prospects for both industries are bright. In this exclusive interview with The Energy Report, Rick explains why the U.S.' commitment to nuclear power and even biofuels is helping to propel both markets. COMPANIES MENTIONED : AGRIUM INC. - BHP BILLITON LTD. - ENCANTO POTASH CORP - EXELON CORPORATION - POTASHCORP - URANERZ ENERGY CORP. - VERDE POTASH - WESTERN POTASH CORP. The Energy Report: German Chancellor Angela Merkel recently decided to shut down the country's nuclear reactors that began operating prior to 1980. Germany will ultimately disband its nuclear energy program in favor of gas and wind power following the fallout from Japan's nuclear disaster in March. Meanwhile, Japan is also attempting to lessen its dependency on nuclear power. How has that disaster permanently changed the uranium market? Rick Mills: It's a short-term hiccup and it's probably presenting us with one of the greatest buying opportunities for carefully selected uranium stocks that a retail investor can get. The global nuclear renaissance that was underway in early 2010 was happening for specific reasons: concerns about climate change, reducing carbon footprints, energy security and the rising cost of fossil fuels. And then the disaster hit. It gave pause to the renaissance, but none of these reasons have gone away. Germany's kneejerk reaction shut seven of its nuclear reactors. They won't be opened again. Its other reactors will also be completely mothballed by 2022. But the thing is that in 2002 Germany's center-left coalition enacted a law to phase-out nuclear power. Last autumn, Merkel's center-right coalition government decided to extend the lifetimes of the country's 17 reactors by an average of 12 years. That decision was based on a judgment that Germany could not meet its power demand using only natural energy sources, such as wind and solar. The country doesn't have abundant natural gas reserves. So, I find it pretty ironic what's happening over there. I think Germany may suffer when it finds it can't maintain its manufacturing competitiveness. Germany is now burning more coal, and already buying more nuclear power-generated electricity from France and the Czechs, who use the old Soviet-style reactors. TER: There's a lot of talk right now about thorium replacing uranium as the fuel in nuclear reactors. These reactors could use thorium, which is much more stable than uranium, and roughly performs the same function. Do you think that thorium will ultimately replace uranium? RM: Ultimately, but we're 35 to 40 years away from incorporating that technology. Uranium's got a long way to run. I believe thorium will be the answer one day, but not for several decades at least. TER: What about the U.S.? It has some reactors slated to come onstream over the next 5 to 10 years. Do you think that the U.S. is going to follow suit with Germany? RM: The U.S. is going to ramp up its nuclear power. On April 21, the U.S. Nuclear Regulatory Commission renewed the operating license for the U.S.'s largest atomic plant, the Palo Verde nuclear generating station in Arizona, for 20 years. The U.S. Department of Energy just dedicated a new research facility on May 3. The U.S. is accelerating the advancement of nuclear reactor technology. It's studying the performance of light water reactors and developing highly sophisticated modeling that will help accelerate upgrades at existing nuclear plants. That doesn't sound like the U.S. is in any way, shape or form going to cut back. As a matter of fact, U.S. Secretary of Energy Steven Chu just said nuclear energy is the nation's largest source of carbon-free power and it is an important part of the U.S. energy mix moving forward. Uranium supplies are going to get very tight. There's going to be fierce competition for available material in both the spot and long-term markets. Investors should be looking at uranium-focused juniors with money in the treasury. We're being set up for the perfect storm in uranium. TER: Since the disaster at the Fukushima plant in Japan, the spot price for uranium has fallen to about $50/lb. from around $73/lb. in early March. Many junior uranium miners and explorers have seen their share prices fall dramatically since then, too. What are some companies that you think offer a lot of value as a result? RM:Uranerz Energy Corp. (TSX:URZ; NYSE.A:URZ) is one of the best uranium companies out there. The management is top-notch. These guys wrote the book on in-situ leach mining. Uranerz is going to be included in the Russell 3000 Index again. If you want to see something interesting, pull up a chart from June 2009 when it was included on the Russell the last time. Funds that track that index have to include these new additions. We're talking about an awful lot of money. It's going to be interesting to see what happens to Uranerz' share price as this becomes common knowledge. Uranerz is waiting for its final permit to start well field construction and build its production facility. Currently, the company has $45M in the treasury; that's $0.60 a share. Costs to get into production are estimated to be $35M, so the company has some money for contingencies. I expect Uranerz to be in production in 12 to 15 months. Currently, two drill rigs are performing exploration drilling. Uranerz has identified over 483 kilometers (km.) of alteration-reduction trends on its project areas which cover 38,000 hectares. Uranerz has explored only 15% of the identified trends. One drill is doing delineation drilling for the construction of the well fields. TER: We're talking about the Powder River Basin Project in Wyoming? RM: That's right. The Nichols Ranch project is expected to produce a maximum of 2 Mlb. of yellowcake annually. Initially, the project is targeting 600,000 to 800,000 lb. per year. The company has long-term offtake agreements signed for a portion of production with two major U.S.-based nuclear operators, including Exelon Corp. ( EXC ) . The U.S. produces 27% of the world's nuclear power from 104 nuclear reactors-these reactors use 50-55 Mlb. of uranium a year but the U.S. only produces 4 Mlb. Uranerz is a company that has its act together and is definitely sitting at a sweet spot for investors. While there's a little bit of blood in the streets right now concerning uranium, people should be looking at this sector. TER: That production could be coming on-stream right about the time when uranium prices could be rebounding. RM: The spot market is definitely going to tighten up before then and people are going to be looking for long-term contracts. This setback, if anything, makes the market stronger. Prices will eventually move higher. TER: Potash has somewhat of an inverse relationship to uranium prices. Earlier this month, corn futures reached an all-time high, which ultimately means higher food prices for all of us. It also means there's a greater need for fertilizer and that bodes well for junior mining companies looking for potash. Do you believe that potash prices will remain as high as they are now? RM: Yes I do and going higher. Food and how we grow it are going to be dominant investment themes for decades to come. Our population increases geometrically. Our food supply can only increase arithmetically. We've got major problems in addition to our growing population. One of the biggest threats we are facing is the loss of arable land that was used for food production. Land is being used for biofuels, topsoil is being eroded away and the agricultural land base is being paved over. We're destroying our freshwater aquifers. But world population growth and three billion people climbing the protein ladder are the elephants in the dining room. Tonight, 220,000 new mouths will need to be fed at the dinner table. TER: How does potash mining differ from gold or copper mining? RM: Unlike other resource plays, potash does not have a cycle. Demand is always going to be there, which makes potash an excellent play in a long-term agricultural commodities bull market. Potash markets are never disrupted by political interference. Food shortages will always trigger social and political instability, such as the riots in the Middle East and Africa. All governments fear a hungry populous. Companies like Agrium Inc. ( AGU ) and PotashCorp (TSX:POT; NYSE:POT) have very solid bottom lines, but they are mature companies. Investors should start moving down the value chain to junior companies with big potash resources that are going to create value for their shareholders. TER: What companies fit that bill right now? RM: We've been following three companies on Ahead of the Herd for quite some time now. Verde Potash (TSX.V:NPK) , formerly Amazon Potash, is putting together a fairly large project in Brazil. By the time it finishes, I wouldn't be surprised if it had enough potash to supply the Brazilian market, the largest potash market in the world, for 30 years. The company also has phosphate at the Apatita Project and should have a resource calculation out by the end of the third quarter. It is also planning drilling on five other targets bordering their thermal potash product, the Cerro Verde. Recent news suggests they will have a limestone resource as well. This is a company that is definitely in the right area at the right time with the right resources. The thing about this company that most people don't realize is that if the potash price is $430/t in Saskatchewan, Canada, it would take $100/t to reach a port in Brazil. Then it would take another $100/t to get it to a blending facility near farmers. The price that Verde's competing against is not $430-it's $630-they are already close to that blending facility. According to the last test the company did on its product, thermal potash is about 17% to 19% more effective than KCI, or typical potash. TER: Verde's chairman, Peter Gundy, was an executive with PotashCorp. He certainly has some significant background in the potash mining business. He also has the right connections to get the money necessary to bring this company forward. RM: Absolutely true, and let's not forget to mention the tremendous efforts of President and CEO Cristiano Veloso, who has done an amazing job pulling it all together, and VP of Corporate Development Jed Richardson, who has been there from day one. Also the government of the Brazilian state of Minas Gerais has signed a memorandum of understanding regarding support for potential financing. TER: What's the next name you're following on Ahead of the Herd? RM:Western PotashCorp (TSX.V:WPX) has done really well for its shareholders and we were early into this one as well. It's adjacent to BHP Billiton Ltd. (NYSE:BHP; OTCPK:BHPLF) and Agrium's exploration permits, and within 13 km. of PotashCorp's Rocanville facility. The company has 34 Mts. of indicated potash with 245 Mts. of inferred. Pat Varas and his team have done an exceptional job advancing this project so quickly. The company is doing a prefeasibility study to be completed in the fall, and is planning to start on its feasibility study in August. That's an amazing amount of engineering going into the project right now. WPX has a memorandum of understanding signed with the city of Regina for water. It's doing environmental studies and community visits. Western's land acquisition program has now successfully secured over 2,550 acres at the company's preferred plant site location. Securing the plant site location is an important aspect of the ongoing feasibility process as the environmental and regulatory approval processes and project schedules are dependent on it. TER: Is it a takeover target given its proximity to PotashCorp? RM: It could be. One of the majors might want to take it and put it on the shelf; the Chinese or Indians have to be interested. I think that's very possible. TER: Is there a point where juniors get on the radar screen of larger companies and wake up the sleeping giants like BHP Billiton? RM: Definitely. I think the major players, the BHPs of the world, are probably looking for at least a prefeasibility study. They want to see solid numbers-capital expenditures and costs of production, net present values and internal rates of return that actually have solid studies behind them. None of these majors have a history of moving too quickly. They're trudging behemoths that do things at their own pace and need surety in a deal. TER: There was one more potash company you wanted to talk about. What was that one? RM:Encanto PotashCorp (TSX.V: EPO) in Saskatchewan, Canada. What makes this one interesting is that they are collaborating with several First Nations groups to develop projects on their lands. TER: In fact, Encanto was developed with that in mind, right? It was developed with the idea that it would work with First Nations to develop these resources. RM: Absolutely. The first project Encanto started was developing an 80-to-100-year resource on the Muskowekwan's land. The goal is to develop a producing mine as quickly as possible. EPO's upcoming preliminary economic assessment (PEA) remains on schedule to be released in the first half of August. The PEA is designed to determine the most economical method for potash extraction and will make a recommendation on a solution or conventional mining operation. It hasn't had the success in the market that Verde and Western have seen because the necessary reserve vote on continuing with development of the project hasn't happened yet and that creates uncertainty. The vote will happen in the fall; it's scheduled for late September. TER: The whole operation hinges on that vote? RM: Yes. Newly elected Chief Bellerose ran on a pro-potash forum. The majority of candidates also ran on a pro-potash forum, as did all eight successful councilors. I firmly believe it's going to be passed. But there seems to be some hesitation in the market over it. TER: If the vote does go through as expected, we could we see a bump in the share price. It's at $0.23 right now. RM: The band has approximately 1,050 eligible voters, many of whom don't live on the home reserve. For the vote to be considered a legal vote, at least 51% of eligible voters must cast a vote. For the vote to be successful, at least 51% of those voting must cast in favor. If a sufficient number of voters don't participate in the first vote then the vote is considered a failure; a second vote will be held on the home reserve 35 days after the first vote. For the second vote to be successful, a simple majority is required from those who vote. In an effort to ensure that all band members are fully aware of the benefits offered through the partnership with Encanto, Bellerose is holding open sessions in Regina, Calgary, Winnipeg, Saskatoon and Edmonton. There are really two drivers for the stock: the vote and getting the Home Reserve Lands, which will double the land acreage (and potentially the resource). It's been a long haul, but I believe that this is going to be a successful company and we're going to see it move forward. TER: What are some things that investors should keep in mind when investing in potash companies? RM: It's a long-term investable trend and with surging prices for agricultural commodities, farmers are looking to boost crop yields, opening the door for fertilizer makers to raise prices. There might be temporary weaknesses, but everybody has to eat and there are 220,000 more of us at the dinner table every night. So there are compelling reasons to be looking at these companies. Also, these are not cheap mines to build. The companies need management teams capable of going out there attracting the interest from the institutions and raising the money necessary (all three companies I mentioned do). Their neighborhood is also important. Who's in the neighborhood? Could a company be a takeover target? TER: Thanks, Rick. Richard is host of www.Aheadoftheherd.com and invests in the junior resource sector. His articles have been published on over 300 websites, including: The Wall Street Journal, SafeHaven, Market Oracle, USAToday, National Post, Stockhouse, Lewrockwell, Uranium Miner, Casey Research, 24hgold, Vancouver Sun, SilverBearCafe, Infomine, Huffington Post, Mineweb, 321Gold, Kitco, Gold-Eagle, The Gold/Energy Reports, Calgary Herald, Resource Investor, Mining.com, Forbes, FNArena, Uraniumseek, and Financial Sense. Want to read more exclusive Energy Report interviews like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our Exclusive Interviews page. DISCLOSURE: 1) Brian Sylvester of The Energy Report conducted this interview. He personally and/or his family own shares of the following companies mentioned in this interview: None. 2) The following companies mentioned in the interview are sponsors of The Energy Report: Uranerz Energy Corp., Verde Potash. 3) Richard Mills: I personally and/or my family own shares of the following companies mentioned in this interview: None. The following companies mentioned in the interview are sponsors of aheadoftheherd.com, Uranerz Energy Corp., Verde Potash PLC, Western PotashCorp and Encanto PotashCorp. Streetwise - The Energy Report is Copyright \u00a9 2011 by Streetwise Reports LLC. All rights are reserved. Streetwise Reports LLC hereby grants an unrestricted license to use or disseminate this copyrighted material (i) only in whole (and always including this disclaimer), but (ii) never in part. The Energy Report does not render general or specificinvestment adviceand does not endorse or recommend the business, products, services or securities of any industry or company mentioned in this report. From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles on the site, may have a long or short position in securities mentioned and may make purchases and/or sales of those securities in the open market or otherwise. Streetwise Reports LLC does not guarantee the accuracy or thoroughness of the information reported. Streetwise Reports LLC receives a fee from companies that are listed on the home page in the In This Issue section. Their sponsor pages may be considered advertising for the purposes of 18 U.S.C. 1734. Participating companies provide the logos used in The Energy Report. These logos are trademarks and are the property of the individual companies. 101 Second St., Suite 110 Petaluma, CA 94952 Tel.: (707) 282-5593 Fax: (707) 282-5592 Email: jmallin@streetwisereports.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Rick Mills: Which Stocks Will Win Race to Feed a Power-Hungry World? Rick Mills: Which Stocks Will Win Race to Feed a Power-Hungry World? Source: Brian Sylvester of The Energy Report (6/28/11) http://www.theenergyreport.com/pub/na/10068 Uranium and potash prices seem to be inversely correlated lately: As potash prices reach their highest levels, uranium prices have suffered. But Richard (Rick) Mills, host of Ahead of the Herd online and editor of the Ahead of the Herd newsletter, believes the prospects for both industries are bright. In this exclusive interview with The Energy Report, Rick explains why the U.S.' commitment to nuclear power and even biofuels is helping to propel both markets. COMPANIES MENTIONED : AGRIUM INC. - BHP BILLITON LTD. - ENCANTO POTASH CORP - EXELON CORPORATION - POTASHCORP - URANERZ ENERGY CORP. - VERDE POTASH - WESTERN POTASH CORP. The Energy Report: German Chancellor Angela Merkel recently decided to shut down the country's nuclear reactors that began operating prior to 1980. Germany will ultimately disband its nuclear energy program in favor of gas and wind power following the fallout from Japan's nuclear disaster in March. Meanwhile, Japan is also attempting to lessen its dependency on nuclear power. How has that disaster permanently changed the uranium market? Rick Mills: It's a short-term hiccup and it's probably presenting us with one of the greatest buying opportunities for carefully selected uranium stocks that a retail investor can get. The global nuclear renaissance that was underway in early 2010 was happening for specific reasons: concerns about climate change, reducing carbon footprints, energy security and the rising cost of fossil fuels. And then the disaster hit. It gave pause to the renaissance, but none of these reasons have gone away. Germany's kneejerk reaction shut seven of its nuclear reactors. They won't be opened again. Its other reactors will also be completely mothballed by 2022. But the thing is that in 2002 Germany's center-left coalition enacted a law to phase-out nuclear power. Last autumn, Merkel's center-right coalition government decided to extend the lifetimes of the country's 17 reactors by an average of 12 years. That decision was based on a judgment that Germany could not meet its power demand using only natural energy sources, such as wind and solar. The country doesn't have abundant natural gas reserves. So, I find it pretty ironic what's happening over there. I think Germany may suffer when it finds it can't maintain its manufacturing competitiveness. Germany is now burning more coal, and already buying more nuclear power-generated electricity from France and the Czechs, who use the old Soviet-style reactors. TER: There's a lot of talk right now about thorium replacing uranium as the fuel in nuclear reactors. These reactors could use thorium, which is much more stable than uranium, and roughly performs the same function. Do you think that thorium will ultimately replace uranium? RM: Ultimately, but we're 35 to 40 years away from incorporating that technology. Uranium's got a long way to run. I believe thorium will be the answer one day, but not for several decades at least. TER: What about the U.S.? It has some reactors slated to come onstream over the next 5 to 10 years. Do you think that the U.S. is going to follow suit with Germany? RM: The U.S. is going to ramp up its nuclear power. On April 21, the U.S. Nuclear Regulatory Commission renewed the operating license for the U.S.'s largest atomic plant, the Palo Verde nuclear generating station in Arizona, for 20 years. The U.S. Department of Energy just dedicated a new research facility on May 3. The U.S. is accelerating the advancement of nuclear reactor technology. It's studying the performance of light water reactors and developing highly sophisticated modeling that will help accelerate upgrades at existing nuclear plants. That doesn't sound like the U.S. is in any way, shape or form going to cut back. As a matter of fact, U.S. Secretary of Energy Steven Chu just said nuclear energy is the nation's largest source of carbon-free power and it is an important part of the U.S. energy mix moving forward. Uranium supplies are going to get very tight. There's going to be fierce competition for available material in both the spot and long-term markets. Investors should be looking at uranium-focused juniors with money in the treasury. We're being set up for the perfect storm in uranium. TER: Since the disaster at the Fukushima plant in Japan, the spot price for uranium has fallen to about $50/lb. from around $73/lb. in early March. Many junior uranium miners and explorers have seen their share prices fall dramatically since then, too. What are some companies that you think offer a lot of value as a result? RM: Uranerz Energy Corp. (TSX:URZ; NYSE.A:URZ) is one of the best uranium companies out there. The management is top-notch. These guys wrote the book on in-situ leach mining. Uranerz is going to be included in the Russell 3000 Index again. If you want to see something interesting, pull up a chart from June 2009 when it was included on the Russell the last time. Funds that track that index have to include these new additions. We're talking about an awful lot of money. It's going to be interesting to see what happens to Uranerz' share price as this becomes common knowledge. Uranerz is waiting for its final permit to start well field construction and build its production facility. Currently, the company has $45M in the treasury; that's $0.60 a share. Costs to get into production are estimated to be $35M, so the company has some money for contingencies. I expect Uranerz to be in production in 12 to 15 months. Currently, two drill rigs are performing exploration drilling. Uranerz has identified over 483 kilometers (km.) of alteration-reduction trends on its project areas which cover 38,000 hectares. Uranerz has explored only 15% of the identified trends. One drill is doing delineation drilling for the construction of the well fields. TER: We're talking about the Powder River Basin Project in Wyoming? RM: That's right. The Nichols Ranch project is expected to produce a maximum of 2 Mlb. of yellowcake annually. Initially, the project is targeting 600,000 to 800,000 lb. per year. The company has long-term offtake agreements signed for a portion of production with two major U.S.-based nuclear operators, including Exelon Corp. ( EXC ) . The U.S. produces 27% of the world's nuclear power from 104 nuclear reactors-these reactors use 50-55 Mlb. of uranium a year but the U.S. only produces 4 Mlb. Uranerz is a company that has its act together and is definitely sitting at a sweet spot for investors. While there's a little bit of blood in the streets right now concerning uranium, people should be looking at this sector. TER: That production could be coming on-stream right about the time when uranium prices could be rebounding. RM: The spot market is definitely going to tighten up before then and people are going to be looking for long-term contracts. This setback, if anything, makes the market stronger. Prices will eventually move higher. TER: Potash has somewhat of an inverse relationship to uranium prices. Earlier this month, corn futures reached an all-time high, which ultimately means higher food prices for all of us. It also means there's a greater need for fertilizer and that bodes well for junior mining companies looking for potash. Do you believe that potash prices will remain as high as they are now? RM: Yes I do and going higher. Food and how we grow it are going to be dominant investment themes for decades to come. Our population increases geometrically. Our food supply can only increase arithmetically. We've got major problems in addition to our growing population. One of the biggest threats we are facing is the loss of arable land that was used for food production. Land is being used for biofuels, topsoil is being eroded away and the agricultural land base is being paved over. We're destroying our freshwater aquifers. But world population growth and three billion people climbing the protein ladder are the elephants in the dining room. Tonight, 220,000 new mouths will need to be fed at the dinner table. TER: How does potash mining differ from gold or copper mining? RM: Unlike other resource plays, potash does not have a cycle. Demand is always going to be there, which makes potash an excellent play in a long-term agricultural commodities bull market. Potash markets are never disrupted by political interference. Food shortages will always trigger social and political instability, such as the riots in the Middle East and Africa. All governments fear a hungry populous. Companies like Agrium Inc. ( AGU ) and PotashCorp (TSX:POT; NYSE:POT) have very solid bottom lines, but they are mature companies. Investors should start moving down the value chain to junior companies with big potash resources that are going to create value for their shareholders. TER: What companies fit that bill right now? RM: We've been following three companies on Ahead of the Herd for quite some time now. Verde Potash (TSX.V:NPK) , formerly Amazon Potash, is putting together a fairly large project in Brazil. By the time it finishes, I wouldn't be surprised if it had enough potash to supply the Brazilian market, the largest potash market in the world, for 30 years. The company also has phosphate at the Apatita Project and should have a resource calculation out by the end of the third quarter. It is also planning drilling on five other targets bordering their thermal potash product, the Cerro Verde. Recent news suggests they will have a limestone resource as well. This is a company that is definitely in the right area at the right time with the right resources. The thing about this company that most people don't realize is that if the potash price is $430/t in Saskatchewan, Canada, it would take $100/t to reach a port in Brazil. Then it would take another $100/t to get it to a blending facility near farmers. The price that Verde's competing against is not $430-it's $630-they are already close to that blending facility. According to the last test the company did on its product, thermal potash is about 17% to 19% more effective than KCI, or typical potash. TER: Verde's chairman, Peter Gundy, was an executive with PotashCorp. He certainly has some significant background in the potash mining business. He also has the right connections to get the money necessary to bring this company forward. RM: Absolutely true, and let's not forget to mention the tremendous efforts of President and CEO Cristiano Veloso, who has done an amazing job pulling it all together, and VP of Corporate Development Jed Richardson, who has been there from day one. Also the government of the Brazilian state of Minas Gerais has signed a memorandum of understanding regarding support for potential financing. TER: What's the next name you're following on Ahead of the Herd? RM:Western PotashCorp (TSX.V:WPX) has done really well for its shareholders and we were early into this one as well. It's adjacent to BHP Billiton Ltd. (NYSE:BHP; OTCPK:BHPLF) and Agrium's exploration permits, and within 13 km. of PotashCorp's Rocanville facility. The company has 34 Mts. of indicated potash with 245 Mts. of inferred. Pat Varas and his team have done an exceptional job advancing this project so quickly. The company is doing a prefeasibility study to be completed in the fall, and is planning to start on its feasibility study in August. That's an amazing amount of engineering going into the project right now. WPX has a memorandum of understanding signed with the city of Regina for water. It's doing environmental studies and community visits. Western's land acquisition program has now successfully secured over 2,550 acres at the company's preferred plant site location. Securing the plant site location is an important aspect of the ongoing feasibility process as the environmental and regulatory approval processes and project schedules are dependent on it. TER: Is it a takeover target given its proximity to PotashCorp? RM: It could be. One of the majors might want to take it and put it on the shelf; the Chinese or Indians have to be interested. I think that's very possible. TER: Is there a point where juniors get on the radar screen of larger companies and wake up the sleeping giants like BHP Billiton? RM: Definitely. I think the major players, the BHPs of the world, are probably looking for at least a prefeasibility study. They want to see solid numbers-capital expenditures and costs of production, net present values and internal rates of return that actually have solid studies behind them. None of these majors have a history of moving too quickly. They're trudging behemoths that do things at their own pace and need surety in a deal. TER: There was one more potash company you wanted to talk about. What was that one? RM:Encanto PotashCorp (TSX.V: EPO) in Saskatchewan, Canada. What makes this one interesting is that they are collaborating with several First Nations groups to develop projects on their lands. TER: In fact, Encanto was developed with that in mind, right? It was developed with the idea that it would work with First Nations to develop these resources. RM: Absolutely. The first project Encanto started was developing an 80-to-100-year resource on the Muskowekwan's land. The goal is to develop a producing mine as quickly as possible. EPO's upcoming preliminary economic assessment (PEA) remains on schedule to be released in the first half of August. The PEA is designed to determine the most economical method for potash extraction and will make a recommendation on a solution or conventional mining operation. It hasn't had the success in the market that Verde and Western have seen because the necessary reserve vote on continuing with development of the project hasn't happened yet and that creates uncertainty. The vote will happen in the fall; it's scheduled for late September. TER: The whole operation hinges on that vote? RM: Yes. Newly elected Chief Bellerose ran on a pro-potash forum. The majority of candidates also ran on a pro-potash forum, as did all eight successful councilors. I firmly believe it's going to be passed. But there seems to be some hesitation in the market over it. TER: If the vote does go through as expected, we could we see a bump in the share price. It's at $0.23 right now. RM: The band has approximately 1,050 eligible voters, many of whom don't live on the home reserve. For the vote to be considered a legal vote, at least 51% of eligible voters must cast a vote. For the vote to be successful, at least 51% of those voting must cast in favor. If a sufficient number of voters don't participate in the first vote then the vote is considered a failure; a second vote will be held on the home reserve 35 days after the first vote. For the second vote to be successful, a simple majority is required from those who vote. In an effort to ensure that all band members are fully aware of the benefits offered through the partnership with Encanto, Bellerose is holding open sessions in Regina, Calgary, Winnipeg, Saskatoon and Edmonton. There are really two drivers for the stock: the vote and getting the Home Reserve Lands, which will double the land acreage (and potentially the resource). It's been a long haul, but I believe that this is going to be a successful company and we're going to see it move forward. TER: What are some things that investors should keep in mind when investing in potash companies? RM: It's a long-term investable trend and with surging prices for agricultural commodities, farmers are looking to boost crop yields, opening the door for fertilizer makers to raise prices. There might be temporary weaknesses, but everybody has to eat and there are 220,000 more of us at the dinner table every night. So there are compelling reasons to be looking at these companies. Also, these are not cheap mines to build. The companies need management teams capable of going out there attracting the interest from the institutions and raising the money necessary (all three companies I mentioned do). Their neighborhood is also important. Who's in the neighborhood? Could a company be a takeover target? TER: Thanks, Rick. Richard is host of www.Aheadoftheherd.com and invests in the junior resource sector. His articles have been published on over 300 websites, including: The Wall Street Journal, SafeHaven, Market Oracle, USAToday, National Post, Stockhouse, Lewrockwell, Uranium Miner, Casey Research, 24hgold, Vancouver Sun, SilverBearCafe, Infomine, Huffington Post, Mineweb, 321Gold, Kitco, Gold-Eagle, The Gold/Energy Reports, Calgary Herald, Resource Investor, Mining.com, Forbes, FNArena, Uraniumseek, and Financial Sense. Want to read more exclusive Energy Report interviews like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our Exclusive Interviews page. DISCLOSURE: 1) Brian Sylvester of The Energy Report conducted this interview. He personally and/or his family own shares of the following companies mentioned in this interview: None. 2) The following companies mentioned in the interview are sponsors of The Energy Report: Uranerz Energy Corp., Verde Potash. 3) Richard Mills: I personally and/or my family own shares of the following companies mentioned in this interview: None. The following companies mentioned in the interview are sponsors of aheadoftheherd.com, Uranerz Energy Corp., Verde Potash PLC, Western PotashCorp and Encanto PotashCorp. Streetwise - The Energy Report is Copyright \u00a9 2011 by Streetwise Reports LLC. All rights are reserved. Streetwise Reports LLC hereby grants an unrestricted license to use or disseminate this copyrighted material (i) only in whole (and always including this disclaimer), but (ii) never in part. The Energy Report does not render general or specificinvestment adviceand does not endorse or recommend the business, products, services or securities of any industry or company mentioned in this report. From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles on the site, may have a long or short position in securities mentioned and may make purchases and/or sales of those securities in the open market or otherwise. Streetwise Reports LLC does not guarantee the accuracy or thoroughness of the information reported. Streetwise Reports LLC receives a fee from companies that are listed on the home page in the In This Issue section. Their sponsor pages may be considered advertising for the purposes of 18 U.S.C. 1734. Participating companies provide the logos used in The Energy Report. These logos are trademarks and are the property of the individual companies. 101 Second St., Suite 110 Petaluma, CA 94952 Tel.: (707) 282-5593 Fax: (707) 282-5592 Email: jmallin@streetwisereports.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2011-06-30,19.6874,19.6874,19.5183,19.6649,
EXC,2011-07-01,19.6649,19.919,19.5437,19.8965,
EXC,2011-07-05,19.8476,19.8769,19.6844,19.7167,
EXC,2011-07-06,19.6717,19.7958,19.5731,19.7089,
EXC,2011-07-07,19.8008,20.1017,19.7548,20.0763,
EXC,2011-07-08,19.9687,20.0381,19.8008,20.0234,
EXC,2011-07-11,19.8427,19.8965,19.7137,19.7441,
EXC,2011-07-12,19.7743,20.0568,19.7401,19.8896,
EXC,2011-07-13,19.9366,20.0157,19.7441,19.7998,
EXC,2011-07-14,19.8075,19.9883,19.7831,19.8379,
EXC,2011-07-15,19.8829,19.9658,19.7353,19.9073,
EXC,2011-07-18,19.8829,19.919,19.6757,19.788,
EXC,2011-07-19,19.7655,19.9531,19.6678,19.9033,
EXC,2011-07-20,19.9423,20.1339,19.8759,20.0254,
EXC,2011-07-21,20.1017,20.2882,20.0801,20.1622,
EXC,2011-07-22,20.2238,20.2278,20.0137,20.0568,
EXC,2011-07-25,20.0723,20.5169,20.0675,20.3186,
EXC,2011-07-26,20.3547,20.3586,20.1711,20.2979,
EXC,2011-07-27,20.4719,20.7787,20.2111,20.4671,"Exxon earnings on tap, energy stocks drop Hess Corp. falls back after results miss Wall Street targets Hess Corp. declines after results miss Wall Street targets; energy stocks fall under pressure from the broad equities market and a bearish oil supply update."
EXC,2011-07-28,20.4671,20.5627,20.3547,20.4808,
EXC,2011-07-29,20.342,20.4554,20.1964,20.2268,
EXC,2011-08-01,20.4143,20.4631,20.0909,20.3479,
EXC,2011-08-02,20.2531,20.2765,19.9687,19.9795,
EXC,2011-08-03,19.9267,20.0117,19.6795,19.9824,
EXC,2011-08-04,19.8398,19.9824,19.232,19.2409,
EXC,2011-08-05,19.3805,19.489,18.8207,19.2682,
EXC,2011-08-08,18.9839,19.2067,18.2444,18.3312,
EXC,2011-08-09,18.5139,19.0006,18.1349,18.9966,
EXC,2011-08-10,18.7269,18.9926,18.4495,18.5139,
EXC,2011-08-11,18.7044,19.3552,18.5432,19.106,
EXC,2011-08-12,19.2252,19.3308,18.8598,18.937,
EXC,2011-08-15,19.0894,19.6795,19.0533,19.6435,
EXC,2011-08-16,19.4167,19.7401,19.3464,19.6092,
EXC,2011-08-17,19.7128,20.0333,19.7089,19.7695,
EXC,2011-08-18,19.447,19.6092,19.236,19.495,
EXC,2011-08-19,19.4793,19.663,19.2761,19.4167,
EXC,2011-08-22,19.663,19.7089,19.2467,19.3601,
EXC,2011-08-23,19.4422,19.7089,19.2575,19.6375,
EXC,2011-08-24,19.6044,20.1173,19.5672,20.0196,
EXC,2011-08-25,20.0421,20.0763,19.5975,19.6717,"Investing 101: Hedge Funds Love These Large Caps With Bullish Option Sentiment (List compiled by Becca Lipman and Daniel Guttridge. Options data sourced from Schaeffer’s, all other data sourced from Finviz.) To create this list we focused on large cap stocks (market caps ranging from $10 Billion to $200 Billion) that are experiencing significant levels of institutional buying. We then used the Put/Call ratio to sort through the list. All of the stocks mentioned below have a large change in the number of call options relative to put options, i.e. bullish options market sentiment. Our final list and relevant data can be found below. Interested in exploring these investing firms further? Let's review. Institutional investors are also known as ""big money"" investors or managers. They represent big pools of money such as investment banks, pension funds, mutual funds, hedge funds, endowment funds, etc. When they invest in stocks, they can invest hundreds of thousands of dollars or more at one time. These transactions, called ""block trades,"" can have a significant effect on share prices. Because institutional investors handle such large amounts of money, it is easy enough to assume that the big money managers know what they are doing -- or at the very least know more than the average investor. This is why these investors are also sometimes referred to as ""smart money.” If institutional investors start investing in a company, regular investors can assume that some of the most talented analysts and money managers expect the company's share prices to increase over time. The stocks on our list are experiencing significant investment from big money. Put/Call Ratio: In general, a put option reflects an opinion that the share price of a given stock will fall, while a call option reflects an opinion that the share price of a given stock will rise. The Put/Call ratio is the number of put options relative to the number of call options for a given stock. If there are more put options (a put/call ratio greater than 1), then there are more investors who think that the share price will decrease than there are investors who think that the share price will increase. Simply put, a high put/call ratio reflects a bearish sentiment about a given stock while a low ratio reflects a bullish sentiment. For this article we focus on stocks with low put call options. Now that you're armed with information, use the list below as a starting point for your own analysis. Which of these stocks are you most bullish about? Analyze These Ideas (Tools Will Open In A New Window) 1. Access a thorough description of all companies mentioned 2. Compare analyst ratings for all stocks mentioned below 3. Visualize annual returns for all stocks mentioned 1. Pepsico, Inc. (PEP): Beverages Drinks Industry. Market cap of $100.81B. Put/call ratio has decreased 12.05% over the last ten trading days (from 0.83 to 0.73). Net institutional purchases over the current quarter at 17.2M, which is 1.09% of the company's 1.58B share float. The stock has gained 1.64% over the last year. 2. Taiwan Semiconductor Manufacturing Co. Ltd. (TSM): Semiconductor Industry. Market cap of $60.85B. Put/call ratio has decreased 13.61% over the last ten trading days (from 1.69 to 1.46). Net institutional purchases over the current quarter at 168.6M, which is 3.97% of the company's 4.25B share float. The stock has gained 28.31% over the last year. 3. Kraft Foods Inc. (KFT): Food Industry. Market cap of $60.44B. Put/call ratio has decreased 17.36% over the last ten trading days (from 1.21 to 1.0). Net institutional purchases over the current quarter at 24.7M, which is 1.49% of the company's 1.66B share float. The stock has gained 21.13% over the last year. 4. Goldcorp Inc. (GG): Gold Industry. Market cap of $39.93B. Put/call ratio has decreased 10.71% over the last ten trading days (from 0.56 to 0.50). Net institutional purchases over the current quarter at 9.7M, which is 1.21% of the company's 801.80M share float. The stock has gained 18.7% over the last year. 5. Southern Company (SO): Electric Utilities Industry. Market cap of $35.36B. Put/call ratio has decreased 33.04% over the last ten trading days (from 1.12 to 0.75). Net institutional purchases over the current quarter at 12.0M, which is 1.40% of the company's 856.60M share float. The stock has gained 18.78% over the last year. 6. VMware, Inc. (VMW): Technical & System Software Industry. Market cap of $35.07B. Put/call ratio has decreased 12.36% over the last ten trading days (from 0.89 to 0.78). Net institutional purchases over the current quarter at 5.1M, which is 6.44% of the company's 79.16M share float. It's been a rough couple of days for the stock, losing 5.82% over the last week. 7. Mosaic Co. (MOS): Specialty Chemicals Industry. Market cap of $30.12B. Put/call ratio has decreased 23.40% over the last ten trading days (from 0.47 to 0.36). Net institutional purchases over the current quarter at 99.3M, which is 22.26% of the company's 446.11M share float. The stock has gained 16.37% over the last year. 8. Danaher Corp. (DHR): Conglomerates Industry. Market cap of $29.63B. Put/call ratio has decreased 25.64% over the last ten trading days (from 0.78 to 0.58). Net institutional purchases over the current quarter at 24.2M, which is 4.25% of the company's 569.67M share float. The stock has performed poorly over the last month, losing 14.25%. 9. Exelon Corp. (EXC): Diversified Utilities Industry. Market cap of $28.51B. Put/call ratio has decreased 14.29% over the last ten trading days (from 0.49 to 0.42). Net institutional purchases over the current quarter at 15.0M, which is 2.27% of the company's 662.09M share float. The stock has gained 13.08% over the last year. 10. Covidien plc (COV): Medical Instruments & Supplies Industry. Market cap of $25.26B. Put/call ratio has decreased 51.15% over the last ten trading days (from 1.31 to 0.64). Net institutional purchases over the current quarter at 211.0M, which is 43.13% of the company's 489.20M share float. The stock has gained 39.41% over the last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2011-08-26,19.6141,19.6435,19.2067,19.538,
EXC,2011-08-29,19.7353,19.9824,19.6844,19.9737,
EXC,2011-08-30,19.9316,20.002,19.7695,19.9219,
EXC,2011-08-31,20.0811,20.1202,19.9503,20.0528,
EXC,2011-09-01,20.1065,20.2188,19.9316,20.0381,
EXC,2011-09-02,19.7948,19.9649,19.7324,19.8125,
EXC,2011-09-06,19.489,19.7167,19.3405,19.703,
EXC,2011-09-07,19.8622,19.9795,19.6795,19.8896,
EXC,2011-09-08,19.8242,20.1681,19.7216,19.9687,"Investing 101: Predictive Analysts Expect these Utility Stocks to Outperform (Article by Alex Crawford, Becca Lipman, and Eben Esterhuizen. Predictive data sourced from Reuters, all other data sourced from Finviz.) Interested in utility stocks with good prospects? Here we offer an interesting way to search for companies that analysts with a history of predicting performance expect to outperform. Although it is helpful to search for companies that analysts are bullish on, it is also helpful to search for groups of analysts that are historically correct. If those analysts are bullish on a company, it is probably worthwhile to take a second look. Using analyst ratings from Reuters that are presented on a linear scale (with 1 = ""Strong Buy"" and 5 = ""Strong Sell""), we sliced the ratings data of stocks from the tech sector into three time periods separated by a month, and identified the group of analysts that have shown predictive value, i.e. been able to accurately predict the direction of stock moves for two consecutive time periods. We further narrowed down the list by only focusing on those stocks that have seen bullish trends in analyst opinion. In other words, predictive analysts, with a proven (short-term) track record of predicting their stock's direction, think these stocks are due for a rebound. The screen produced 3 stocks, listed below. Although past performance is no guarantee of future results, the recent accuracy of these analyst ratings suggests their opinions may be a helpful starting-off point for your own analysis. Analyze These Ideas (Tools Will Open In A New Window) 1. Access a thorough description of all companies mentioned 2. Compare analyst ratings for all stocks mentioned below 3. Visualize annual returns for all stocks mentioned 1. FirstEnergy Corp. (FE): Market cap at $18.37B. Mean average rating changed from 2.47 to 2.44 between 06/03/11 and 07/03/11 (bullish change). Analysts correctly predicted the direction of the stock over the next month, with the stock generating an alpha of 6.33%. Analysts also got it right between 07/03/11 and 08/02/11, with the mean rating changing from 2.44 to 2.19 (bullish change). Over the following month, the stock generated an alpha of 3.53% relative to the S&P 500 index, as predicted by the analysts. This same group of analysts now expect the stock to outperform in the future, with the mean rating changing from 2.19 to 2 between 08/02/11 and 09/01/11 (i.e. bullish change). 2. Exelon Corp. (EXC): Market cap at $28.53B. Mean average rating changed from 2.56 to 2.53 between 06/03/11 and 07/03/11 (bullish change). Analysts correctly predicted the direction of the stock over the next month, with the stock generating an alpha of 7.59%. Analysts also got it right between 07/03/11 and 08/02/11, with the mean rating changing from 2.53 to 2.22 (bullish change). Over the following month, the stock generated an alpha of 2.95% relative to the S&P 500 index, as predicted by the analysts. This same group of analysts now expect the stock to outperform in the future, with the mean rating changing from 2.22 to 2.17 between 06/07/03 and 04/18/03 (i.e. bullish change). 3. NRG Energy, Inc. (NRG): Market cap at $5.68B. Mean average rating changed from 2.33 to 2.2 between 06/03/11 and 07/03/11 (bullish change). Analysts correctly predicted the direction of the stock over the next month, with the stock generating an alpha of 4.08%. Analysts also got it right between 07/03/11 and 08/02/11, with the mean rating changing from 2.2 to 2 (bullish change). Over the following month, the stock generated an alpha of 3.37% relative to the S&P 500 index, as predicted by the analysts. This same group of analysts now expect the stock to outperform in the future, with the mean rating changing from 2 to 1.88 between 08/02/11 and 09/01/11 (i.e. bullish change). The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2011-09-09,19.8896,19.912,19.489,19.7089,
EXC,2011-09-12,19.5124,19.7441,19.4382,19.7353,
EXC,2011-09-13,19.7695,19.7841,19.538,19.6483,
EXC,2011-09-14,19.6795,19.7958,19.447,19.6063,"[""Porter Stansberry: U.S. Shifts to Gas Export Role Porter Stansberry: U.S. Shifts to Gas Export Role Source: Karen Roche of The Energy Report (9/13/11) http://www.theenergyreport.com/pub/na/10878 With America \""the Saudi Arabia of natural gas,\"" as Stansberry & Associates Investment Research Founder Porter Stansberry puts it, U.S. energy independence is no longer a pipe dream. It's evolved from political posturing to promise based on practical factors that he shares in this Energy Report exclusive. Porter's \""incredibly bullish\"" outlook stems in part from technological efficiencies that will help bring enormous amounts of new U.S. production online. Exploiting these technologies, he states, presents the \""greatest opportunity the energy complex has over the next several decades.\"" COMPANIES MENTIONED : DOMINION RESOURCES INC. - EXELON CORPORATION The Energy Report: You have said you don't believe in peak oil, Porter, because as oil prices rise, the entrepreneurial spirit will lead people to find ways to extract oil either in new places or with new technology. With prices running between $80 and $100/barrel (bbl), is the era of cheap oil over? And if so, what will be the impact on economic growth? Porter Stansberry: I feel the same way about peak oil as I do about deflation . It shows massive ignorance of economics and human nature. In regard to oil prices, you have to separate the price from the currency, because in Swiss francs and gold, oil prices haven't changed much in 50 years. Yes, the price of crude oil is volatile; it goes up and down. But in 1950, it took 2.5 grams of gold to buy a barrel of oil. Today, 2 grams of gold will buy you a barrel of oil. Thus, if you take the loss of the dollar's purchasing power out of the equation, you'll find that the price of oil has remained very flat. So I would argue that despite massive increases in consumption, the real price of oil has remained unchanged. Going forward, that will almost certainly remain the case. Why? Because geology doesn't create oil; capital creates oil. The more capital you put toward oil, the more of it there will be. TER: But the cost to extract the oil is increasing. We don't have \""easy oil\"" anymore. PS: No, that's not true. Just as with any other economic activity, the more experience we have in oil extraction, the more efficient we become at it. In fact, the real price of oil would go up considerably if the true costs of extraction were going up as well, and as I explained, the real price of oil has been flat. Let's be very clear-you can't measure these things in dollars because the dollar has lost 90% of its purchasing power since 1971. It's lost 50% of its purchasing power since 1990. Measuring the oil industry in dollars gives you a very warped view. Pick a sound currency such as Swiss francs or gold grams and look at the oil business through that lens. I believe that what's happened with the U.S. dollar over the last three years has resulted in an enormous mis-pricing of oil. Speculators are rushing into oil and fleeing the dollar, which is producing an unsustainable demand for oil. Because this demand is investment-based and not economy-based, it is stimulating production that exceeds real demand by a wide margin. TER: And where will that take us? PS: Over the next 18 months, I expect a major correction in the price of oil and gas, with oil falling back to $40/bbl. It won't stay there long, but it will be a big correction. TER: What's the extent of the stimulated production you mentioned? PS: What's happening onshore in the U.S. with oil and gas production is amazing. We're setting new records for hydrocarbon production in the U.S. this year. Obviously, you can't have record levels of hydrocarbon production if you're supposedly running out of oil, so serious proponents of peak oil have their heads in the sand. One more thing about peak oil. . . Look at a great book, The Prize: The Epic Quest for Oil, Money, and Power, by Daniel Yergin, cofounder and chairman of Cambridge Energy Research Associates. It's a whole history of the oil industry. For example, war-related demand made oil prices soar during World War II, and lots of production ensued. Then big debates erupted over whether domestic use of oil should be tightly regulated because oil was a scarce, strategic commodity needed more for tanks and battleships than cars. Those favoring the tight controls argued that we were going to run out of oil, that all the major supplies of oil in the U.S-and likely in the world-had already been discovered. That was in 1946, before Saudi Arabia had really ramped up production. You see this in the oil industry time and time again. Fears that we've found the last oil, that we're going to run out, pop up constantly. And soon afterward, because the price goes up, huge new reservoirs are discovered. Always. They're discovered because the capital is there for the exploration. TER: You noted earlier that experience in oil extraction leads to further efficiencies, and U.S. Department of Energy estimates suggest that horizontal drilling alone can lead to increasing reserves from existing oilfields by 2%. PS: Horizontal drilling is a fantastic technology that's leading to a renaissance in the oil and gas industry in the U.S., and you're going to have enormous amounts of new production come online in the decade ahead. That will, of course, force the prices back down. And inevitably, in 25 to 30 years when the prices go back up, we'll again hear, \""Oh no, we're running out of oil.\"" It's a constant cycle. It's human nature. It's economics. Really, if people just read a little bit more history, they wouldn't fall for such antics. TER: If we're now at a point in this constant cycle where capital infusion will find additional oil supplies, will oil equities drop correspondingly? PS: Obviously. As oil and gas prices fall over the next 18 months, it will reduce oil and gas company earnings and their stock prices will fall. They may not drop as much as they ordinarily would, however, because many of these companies are in the midst of enormous expansions of their proven reserves. Oftentimes, as you know, oil and gas companies are valued more on the basis of reserves than on current earnings. TER: So is this the time to short them? PS: No. There are too many other easier targets to short-European banks, newspaper companies, hard-drive stocks are some of my favorite shorts. I wouldn't short oil and gas companies now because, as I said, they're in this period of massive discovery. If you've been following the onshore shale companies the last six months, you know they've been doubling and tripling proven reserves, which is making their stock prices jump even though oil prices have been falling for the last several months. TER: Shifting to natural gas, one of your recent newsletters points out that U.S. natural gas is 75% cheaper than oil, with prices at roughly half of the world's prices. Extrapolating from there, you say that such a dramatic difference in the price of the same commodity-that commodity being energy in this case-won't remain for long, because somehow traders will arbitrage and either oil will come down or natural gas prices will go up. Why would the spread between oil and natural gas, which has existed for quite a few years, begin to reach equilibrium now? PS: The spread between oil and gas, and between onshore gas and foreign gas, really began to widen in 2008 and basically has continued to widen for the last three years. It hasn't been arbitraged away yet because it takes a long time for various consumers of energy to make those kinds of changes. Many coal-fired power plants are being decommissioned or switched over to natural gas, but that takes a long time. It will take five to 10 years to arbitrage away that spread. Meanwhile, the biggest fortunes in oil and gas over the next decade will be made by efforts to arbitrage the global price of energy from America to the rest of the world. These spreads presage a massive change in the oil and gas business in America from acting as a large energy importer to becoming a net energy exporter. This must make peak oil people tear their hair out because why in the world would we export any if we're running out of it? But enormous efforts are being put toward exporting energy. Big liquefied natural gas ( LNG ) export facilities are being built, and there's some irony to this. One company that I've shorted successfully and mocked for almost a decade is Cheniere Energy, Inc. (LNG:NYSE.A). Cheniere Energy existed to borrow a billion dollars and build an LNG import facility. Then it decided that maybe we're not running out of energy in America after all and changed its port from an import facility to an export facility. That gives you an idea of the sea change that's happened in the domestic onshore oil and gas business. I haven't heard any other analyst talking about that kind of change yet, but the realization will soon dawn on the market that America has vast energy resources and will have vast energy surpluses going forward. TER: We've fought wars over the fact that we're importing energy. PS: I'm not saying we'll stop importing energy. We may continue to import oil, for example, because it's cheaper to produce it in Saudi Arabia and ship it here than it is to produce it here. That doesn't mean that we can't be a net energy exporter, though, especially if we export an even larger volume of natural gas. TER: The Casey organization, Marin Katusa, in particular, follows natural gas, LNGs and its use in Asia. Marin's recommendations for LNG companies include many located in Indonesia, for instance, because it's so close to the primary user, China. Given that the U.S. isn't yet exporting natural gas and that dollars are going into Southeast Asia to build all of these natural gas LNG facilities, have we missed the opportunity? PS: I don't think so. Marin is a very good energy analyst, but I think the best way to play Asian energy demand will be American natural gas. I'm not saying that his stocks won't do well or that there won't be foreign competitors to American natural gas-there surely will be. Nevertheless, America's natural gas infrastructure is an order of magnitude larger and more sophisticated than any other of our competitors in this business. Even though the U.S. doesn't have export facilities completed yet, that's a minor piece of the puzzle. What we do have is tremendous amounts of supply and very low prices compared to the rest of the world. We have enormous storage and production facilities that can guarantee supply for decades at fixed prices. No one else will be able to compete with that. TER: You mentioned earlier Cheniere Energy is part of the shift from building LNG facilities for import to export. Are some other companies interesting to you in the energy export market? PS: Yes, but first I have to tell you one more thing about Cheniere because it's so ironic. Guess how many LNG import facilities have been built in the U.S. throughout history? Four. Guess how many of them eventually went bankrupt? All of them. And why? Because America is the Saudi Arabia of natural gas. We have the world's largest reserves of natural gas, and the world's most sophisticated production and storage facilities, by a wide margin. Coming up with a business model to bring natural gas into the U.S. would be akin to a sheik in Dubai importing sand from Chile. It just doesn't make any sense. It never made any sense, and yet banks gave Cheniere a billion dollars and investors gave it hundreds of millions in equity. When I wrote about it, the newsletter headline was \""Madness.\"" It was completely insane, but it was manna for a short seller because there was no possible way the business could succeed. Getting back to your question, I know of only two publicly traded ways to play this export LNG business. I'm sure that more of these endeavors will be launched in the next 12 months. For now, ironically, Cheniere is one of the two publicly traded companies in that space, but I'd advise against investing in Cheniere because its capital structure is so impaired by the billion dollars it lost trying to build an import facility. The other company is Dominion Resources Inc. (D:NYSE) , a large integrated power company that has both regulated and unregulated subsidiaries. One of the unregulated subsidiaries owns a facility in Cove Point, Maryland, originally built in the 1960s as an LNG import facility. Of course, it went bankrupt; they all do. Now, Dominion is retrofitting Cove Point to be an LNG export facility. It's also connecting pipelines from the Marcellus shale in West Virginia and Pennsylvania directly to this export facility. As a result, it'll be able to take very, very low-cost natural gas out of the Marcellus and export it to the world. TER: In what timeframe? PS: The export facility is scheduled to open in either 2014 or 2015. The construction timeline was like five years. These are very massive facilities. TER: Moving on to nuclear energy, what's your outlook? Does the post-Fukushima controversy translate into a contrarian investment opportunity in uranium? PS: I've been a big fan of nuclear power, although not necessarily a uranium bull. In fact, I was very bearish on uranium in the 2006-2007 timeframe because I thought it was a bubble. It eventually did collapse, so I was right about that. I can't say that I'm part of the nuclear bull crowd now, either, but it's because I'm more and more convinced that growth in conventional energy resources will be greater than people expect, which will continue to marginalize the nuclear power footprint in the world. I'm not saying that it's going away, but I don't think there will be as much growth there as everyone else expects. TER: What does that mean for uranium prices then? PS: I'd be neutral on uranium, and relatively neutral on large users of nuclear power such as Exelon Corp. ( EXC ) , which is a stock I've owned in my portfolio and covered in my newsletter for almost a decade. It's a very safe and sound company, a good way to get a 5% dividend yield. It's not a bad investment, but I'm just not particularly bullish on it the way I was prior to Fukushima. Quite frankly, I'm surprised and disappointed that the modern safety standards that we have across these power plants throughout the world didn't perform better. There's s no margin of error. You cannot afford to have an accident at these plants. I'm not saying that we can't get there, but the facilities we've built over the last 40 years have proven to be unsafe. The public is right to be skeptical, and that's generally going to reduce the construction of new plants. Less construction will cause demand for uranium to disappoint, probably over the next several decades. TER: What will replace nuclear though? PS: I'm very, very bullish on natural gas consumption, incredibly bullish, because I think the price is going lower. As the price goes lower, people will use more and more of it. The conventional wisdom now is that natural gas will go from around 20% of global energy consumption to maybe 25% over the next decade. I'm more optimistic than that-I think we'll see natural gas go to 35-40% of all energy consumption. It could even go higher. It really depends on how cheaply it can be delivered around the world. The greatest opportunity the energy complex has over the next several decades lies in exploiting the technologies that are enabling shale gas production. TER: And on that good-news note, Porter, thank you so much for taking the time to share your insights and opinions with us. After serving a stint as the first American editor of the Fleet Street Letter, the oldest English-language financial newsletter, Porter Stansberry began Stansberry & Associates Investment Research, a private publishing company, 11 years ago. S&A has subscribers in more than 130 countries and employs some 60 research analysts, investment experts and assistants at its headquarters in Baltimore, Maryland, as well as satellite offices in Florida, Oregon and California. They've come to S&A from positions as stockbrokers, professional traders, mutual fund executives, hedge fund managers and equity analysts at some of the most influential money-management and financial firms in the world. Porter and his team do exhaustive amounts of real world, independent research and cover the gamut from value investing to insider trading to short selling. Porter's monthly newsletter, Porter Stansberry's Investment Advisory, deals with safe value investments poised to give subscribers years of exceptional return. You can learn more about Porter and his ideas by clicking here. Want to read more exclusive Energy Report interviews like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our Exclusive Interviews page. DISCLOSURE: 1) Karen Roche of The Energy Report conducted this interview. She personally and/or her family own shares of the following companies mentioned in this interview: None. 2) The following companies mentioned in the interview are sponsors of The Energy Report: None. 3) Porter Stansberry: I personally own shares of the following companies mentioned in this interview: None. I personally and/or my family am paid by the following companies mentioned in this interview: None. Streetwise - The Energy Report is Copyright \u00a9 2011 by Streetwise Reports LLC. All rights are reserved. Streetwise Reports LLC hereby grants an unrestricted license to use or disseminate this copyrighted material (i) only in whole (and always including this disclaimer), but (ii) never in part. The Energy Report does not render general or specificinvestment adviceand does not endorse or recommend the business, products, services or securities of any industry or company mentioned in this report. From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles on the site, may have a long or short position in securities mentioned and may make purchases and/or sales of those securities in the open market or otherwise. Streetwise Reports LLC does not guarantee the accuracy or thoroughness of the information reported. Streetwise Reports LLC receives a fee from companies that are listed on the home page in the In This Issue section. Their sponsor pages may be considered advertising for the purposes of 18 U.S.C. 1734. Participating companies provide the logos used in The Energy Report. These logos are trademarks and are the property of the individual companies. 101 Second St., Suite 110 Petaluma, CA 94952 Tel.: (707) 981-8204 Fax: (707) 981-8998 Email: jluther@streetwisereports.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Porter Stansberry: U.S. Shifts to Gas Export Role Porter Stansberry: U.S. Shifts to Gas Export Role Source: Karen Roche of The Energy Report (9/13/11) http://www.theenergyreport.com/pub/na/10878 With America \""the Saudi Arabia of natural gas,\"" as Stansberry & Associates Investment Research Founder Porter Stansberry puts it, U.S. energy independence is no longer a pipe dream. It's evolved from political posturing to promise based on practical factors that he shares in this Energy Report exclusive. Porter's \""incredibly bullish\"" outlook stems in part from technological efficiencies that will help bring enormous amounts of new U.S. production online. Exploiting these technologies, he states, presents the \""greatest opportunity the energy complex has over the next several decades.\"" COMPANIES MENTIONED : DOMINION RESOURCES INC. - EXELON CORPORATION The Energy Report: You have said you don't believe in peak oil, Porter, because as oil prices rise, the entrepreneurial spirit will lead people to find ways to extract oil either in new places or with new technology. With prices running between $80 and $100/barrel (bbl), is the era of cheap oil over? And if so, what will be the impact on economic growth? Porter Stansberry: I feel the same way about peak oil as I do about deflation . It shows massive ignorance of economics and human nature. In regard to oil prices, you have to separate the price from the currency, because in Swiss francs and gold, oil prices haven't changed much in 50 years. Yes, the price of crude oil is volatile; it goes up and down. But in 1950, it took 2.5 grams of gold to buy a barrel of oil. Today, 2 grams of gold will buy you a barrel of oil. Thus, if you take the loss of the dollar's purchasing power out of the equation, you'll find that the price of oil has remained very flat. So I would argue that despite massive increases in consumption, the real price of oil has remained unchanged. Going forward, that will almost certainly remain the case. Why? Because geology doesn't create oil; capital creates oil. The more capital you put toward oil, the more of it there will be. TER: But the cost to extract the oil is increasing. We don't have \""easy oil\"" anymore. PS: No, that's not true. Just as with any other economic activity, the more experience we have in oil extraction, the more efficient we become at it. In fact, the real price of oil would go up considerably if the true costs of extraction were going up as well, and as I explained, the real price of oil has been flat. Let's be very clear-you can't measure these things in dollars because the dollar has lost 90% of its purchasing power since 1971. It's lost 50% of its purchasing power since 1990. Measuring the oil industry in dollars gives you a very warped view. Pick a sound currency such as Swiss francs or gold grams and look at the oil business through that lens. I believe that what's happened with the U.S. dollar over the last three years has resulted in an enormous mis-pricing of oil. Speculators are rushing into oil and fleeing the dollar, which is producing an unsustainable demand for oil. Because this demand is investment-based and not economy-based, it is stimulating production that exceeds real demand by a wide margin. TER: And where will that take us? PS: Over the next 18 months, I expect a major correction in the price of oil and gas, with oil falling back to $40/bbl. It won't stay there long, but it will be a big correction. TER: What's the extent of the stimulated production you mentioned? PS: What's happening onshore in the U.S. with oil and gas production is amazing. We're setting new records for hydrocarbon production in the U.S. this year. Obviously, you can't have record levels of hydrocarbon production if you're supposedly running out of oil, so serious proponents of peak oil have their heads in the sand. One more thing about peak oil. . . Look at a great book, The Prize: The Epic Quest for Oil, Money, and Power, by Daniel Yergin, cofounder and chairman of Cambridge Energy Research Associates. It's a whole history of the oil industry. For example, war-related demand made oil prices soar during World War II, and lots of production ensued. Then big debates erupted over whether domestic use of oil should be tightly regulated because oil was a scarce, strategic commodity needed more for tanks and battleships than cars. Those favoring the tight controls argued that we were going to run out of oil, that all the major supplies of oil in the U.S-and likely in the world-had already been discovered. That was in 1946, before Saudi Arabia had really ramped up production. You see this in the oil industry time and time again. Fears that we've found the last oil, that we're going to run out, pop up constantly. And soon afterward, because the price goes up, huge new reservoirs are discovered. Always. They're discovered because the capital is there for the exploration. TER: You noted earlier that experience in oil extraction leads to further efficiencies, and U.S. Department of Energy estimates suggest that horizontal drilling alone can lead to increasing reserves from existing oilfields by 2%. PS: Horizontal drilling is a fantastic technology that's leading to a renaissance in the oil and gas industry in the U.S., and you're going to have enormous amounts of new production come online in the decade ahead. That will, of course, force the prices back down. And inevitably, in 25 to 30 years when the prices go back up, we'll again hear, \""Oh no, we're running out of oil.\"" It's a constant cycle. It's human nature. It's economics. Really, if people just read a little bit more history, they wouldn't fall for such antics. TER: If we're now at a point in this constant cycle where capital infusion will find additional oil supplies, will oil equities drop correspondingly? PS: Obviously. As oil and gas prices fall over the next 18 months, it will reduce oil and gas company earnings and their stock prices will fall. They may not drop as much as they ordinarily would, however, because many of these companies are in the midst of enormous expansions of their proven reserves. Oftentimes, as you know, oil and gas companies are valued more on the basis of reserves than on current earnings. TER: So is this the time to short them? PS: No. There are too many other easier targets to short-European banks, newspaper companies, hard-drive stocks are some of my favorite shorts. I wouldn't short oil and gas companies now because, as I said, they're in this period of massive discovery. If you've been following the onshore shale companies the last six months, you know they've been doubling and tripling proven reserves, which is making their stock prices jump even though oil prices have been falling for the last several months. TER: Shifting to natural gas, one of your recent newsletters points out that U.S. natural gas is 75% cheaper than oil, with prices at roughly half of the world's prices. Extrapolating from there, you say that such a dramatic difference in the price of the same commodity-that commodity being energy in this case-won't remain for long, because somehow traders will arbitrage and either oil will come down or natural gas prices will go up. Why would the spread between oil and natural gas, which has existed for quite a few years, begin to reach equilibrium now? PS: The spread between oil and gas, and between onshore gas and foreign gas, really began to widen in 2008 and basically has continued to widen for the last three years. It hasn't been arbitraged away yet because it takes a long time for various consumers of energy to make those kinds of changes. Many coal-fired power plants are being decommissioned or switched over to natural gas, but that takes a long time. It will take five to 10 years to arbitrage away that spread. Meanwhile, the biggest fortunes in oil and gas over the next decade will be made by efforts to arbitrage the global price of energy from America to the rest of the world. These spreads presage a massive change in the oil and gas business in America from acting as a large energy importer to becoming a net energy exporter. This must make peak oil people tear their hair out because why in the world would we export any if we're running out of it? But enormous efforts are being put toward exporting energy. Big liquefied natural gas ( LNG ) export facilities are being built, and there's some irony to this. One company that I've shorted successfully and mocked for almost a decade is Cheniere Energy, Inc. (LNG:NYSE.A). Cheniere Energy existed to borrow a billion dollars and build an LNG import facility. Then it decided that maybe we're not running out of energy in America after all and changed its port from an import facility to an export facility. That gives you an idea of the sea change that's happened in the domestic onshore oil and gas business. I haven't heard any other analyst talking about that kind of change yet, but the realization will soon dawn on the market that America has vast energy resources and will have vast energy surpluses going forward. TER: We've fought wars over the fact that we're importing energy. PS: I'm not saying we'll stop importing energy. We may continue to import oil, for example, because it's cheaper to produce it in Saudi Arabia and ship it here than it is to produce it here. That doesn't mean that we can't be a net energy exporter, though, especially if we export an even larger volume of natural gas. TER: The Casey organization, Marin Katusa, in particular, follows natural gas, LNGs and its use in Asia. Marin's recommendations for LNG companies include many located in Indonesia, for instance, because it's so close to the primary user, China. Given that the U.S. isn't yet exporting natural gas and that dollars are going into Southeast Asia to build all of these natural gas LNG facilities, have we missed the opportunity? PS: I don't think so. Marin is a very good energy analyst, but I think the best way to play Asian energy demand will be American natural gas. I'm not saying that his stocks won't do well or that there won't be foreign competitors to American natural gas-there surely will be. Nevertheless, America's natural gas infrastructure is an order of magnitude larger and more sophisticated than any other of our competitors in this business. Even though the U.S. doesn't have export facilities completed yet, that's a minor piece of the puzzle. What we do have is tremendous amounts of supply and very low prices compared to the rest of the world. We have enormous storage and production facilities that can guarantee supply for decades at fixed prices. No one else will be able to compete with that. TER: You mentioned earlier Cheniere Energy is part of the shift from building LNG facilities for import to export. Are some other companies interesting to you in the energy export market? PS: Yes, but first I have to tell you one more thing about Cheniere because it's so ironic. Guess how many LNG import facilities have been built in the U.S. throughout history? Four. Guess how many of them eventually went bankrupt? All of them. And why? Because America is the Saudi Arabia of natural gas. We have the world's largest reserves of natural gas, and the world's most sophisticated production and storage facilities, by a wide margin. Coming up with a business model to bring natural gas into the U.S. would be akin to a sheik in Dubai importing sand from Chile. It just doesn't make any sense. It never made any sense, and yet banks gave Cheniere a billion dollars and investors gave it hundreds of millions in equity. When I wrote about it, the newsletter headline was \""Madness.\"" It was completely insane, but it was manna for a short seller because there was no possible way the business could succeed. Getting back to your question, I know of only two publicly traded ways to play this export LNG business. I'm sure that more of these endeavors will be launched in the next 12 months. For now, ironically, Cheniere is one of the two publicly traded companies in that space, but I'd advise against investing in Cheniere because its capital structure is so impaired by the billion dollars it lost trying to build an import facility. The other company is Dominion Resources Inc. (D:NYSE) , a large integrated power company that has both regulated and unregulated subsidiaries. One of the unregulated subsidiaries owns a facility in Cove Point, Maryland, originally built in the 1960s as an LNG import facility. Of course, it went bankrupt; they all do. Now, Dominion is retrofitting Cove Point to be an LNG export facility. It's also connecting pipelines from the Marcellus shale in West Virginia and Pennsylvania directly to this export facility. As a result, it'll be able to take very, very low-cost natural gas out of the Marcellus and export it to the world. TER: In what timeframe? PS: The export facility is scheduled to open in either 2014 or 2015. The construction timeline was like five years. These are very massive facilities. TER: Moving on to nuclear energy, what's your outlook? Does the post-Fukushima controversy translate into a contrarian investment opportunity in uranium? PS: I've been a big fan of nuclear power, although not necessarily a uranium bull. In fact, I was very bearish on uranium in the 2006-2007 timeframe because I thought it was a bubble. It eventually did collapse, so I was right about that. I can't say that I'm part of the nuclear bull crowd now, either, but it's because I'm more and more convinced that growth in conventional energy resources will be greater than people expect, which will continue to marginalize the nuclear power footprint in the world. I'm not saying that it's going away, but I don't think there will be as much growth there as everyone else expects. TER: What does that mean for uranium prices then? PS: I'd be neutral on uranium, and relatively neutral on large users of nuclear power such as Exelon Corp. ( EXC ) , which is a stock I've owned in my portfolio and covered in my newsletter for almost a decade. It's a very safe and sound company, a good way to get a 5% dividend yield. It's not a bad investment, but I'm just not particularly bullish on it the way I was prior to Fukushima. Quite frankly, I'm surprised and disappointed that the modern safety standards that we have across these power plants throughout the world didn't perform better. There's s no margin of error. You cannot afford to have an accident at these plants. I'm not saying that we can't get there, but the facilities we've built over the last 40 years have proven to be unsafe. The public is right to be skeptical, and that's generally going to reduce the construction of new plants. Less construction will cause demand for uranium to disappoint, probably over the next several decades. TER: What will replace nuclear though? PS: I'm very, very bullish on natural gas consumption, incredibly bullish, because I think the price is going lower. As the price goes lower, people will use more and more of it. The conventional wisdom now is that natural gas will go from around 20% of global energy consumption to maybe 25% over the next decade. I'm more optimistic than that-I think we'll see natural gas go to 35-40% of all energy consumption. It could even go higher. It really depends on how cheaply it can be delivered around the world. The greatest opportunity the energy complex has over the next several decades lies in exploiting the technologies that are enabling shale gas production. TER: And on that good-news note, Porter, thank you so much for taking the time to share your insights and opinions with us. After serving a stint as the first American editor of the Fleet Street Letter, the oldest English-language financial newsletter, Porter Stansberry began Stansberry & Associates Investment Research, a private publishing company, 11 years ago. S&A has subscribers in more than 130 countries and employs some 60 research analysts, investment experts and assistants at its headquarters in Baltimore, Maryland, as well as satellite offices in Florida, Oregon and California. They've come to S&A from positions as stockbrokers, professional traders, mutual fund executives, hedge fund managers and equity analysts at some of the most influential money-management and financial firms in the world. Porter and his team do exhaustive amounts of real world, independent research and cover the gamut from value investing to insider trading to short selling. Porter's monthly newsletter, Porter Stansberry's Investment Advisory, deals with safe value investments poised to give subscribers years of exceptional return. You can learn more about Porter and his ideas by clicking here. Want to read more exclusive Energy Report interviews like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our Exclusive Interviews page. DISCLOSURE: 1) Karen Roche of The Energy Report conducted this interview. She personally and/or her family own shares of the following companies mentioned in this interview: None. 2) The following companies mentioned in the interview are sponsors of The Energy Report: None. 3) Porter Stansberry: I personally own shares of the following companies mentioned in this interview: None. I personally and/or my family am paid by the following companies mentioned in this interview: None. Streetwise - The Energy Report is Copyright \u00a9 2011 by Streetwise Reports LLC. All rights are reserved. Streetwise Reports LLC hereby grants an unrestricted license to use or disseminate this copyrighted material (i) only in whole (and always including this disclaimer), but (ii) never in part. The Energy Report does not render general or specificinvestment adviceand does not endorse or recommend the business, products, services or securities of any industry or company mentioned in this report. From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles on the site, may have a long or short position in securities mentioned and may make purchases and/or sales of those securities in the open market or otherwise. Streetwise Reports LLC does not guarantee the accuracy or thoroughness of the information reported. Streetwise Reports LLC receives a fee from companies that are listed on the home page in the In This Issue section. Their sponsor pages may be considered advertising for the purposes of 18 U.S.C. 1734. Participating companies provide the logos used in The Energy Report. These logos are trademarks and are the property of the individual companies. 101 Second St., Suite 110 Petaluma, CA 94952 Tel.: (707) 981-8204 Fax: (707) 981-8998 Email: jluther@streetwisereports.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2011-09-15,19.7401,20.0274,19.6795,19.9531,
EXC,2011-09-16,20.0909,20.3459,20.0137,20.1974,
EXC,2011-09-19,19.9971,20.216,19.9443,20.1427,
EXC,2011-09-20,20.2238,20.768,20.1818,20.4905,
EXC,2011-09-21,20.5413,20.7778,20.1876,20.2032,
EXC,2011-09-22,19.9737,19.9737,19.5027,19.6942,
EXC,2011-09-23,19.5467,19.9443,19.4987,19.7304,
EXC,2011-09-26,19.8847,19.9531,19.6063,19.7802,
EXC,2011-09-27,20.1387,20.1504,19.8799,19.9531,
EXC,2011-09-28,19.9737,20.1017,19.8769,19.8847,
EXC,2011-09-29,20.0626,20.1876,19.9219,20.1387,
EXC,2011-09-30,20.0792,20.1681,19.8154,19.8154,
EXC,2011-10-03,19.789,19.9033,19.1451,19.1608,
EXC,2011-10-04,19.106,19.1266,18.6723,19.0426,
EXC,2011-10-05,19.0777,19.1266,18.5658,18.939,
EXC,2011-10-06,18.9565,19.2536,18.8911,19.1774,
EXC,2011-10-07,19.2985,19.6044,19.2624,19.4987,"[""5 money moves a yield-hunting trader is making now Bond expert\u2019s tips for safety, income from unforgiving market Bond trader Abdullah Karatash points out that the corporate bond market nowadays has little tolerance for risk. In this storm, steerage-class borrowers need money the most \u2014 yet are the most unlikely to get it. Money instead is hunkered on the top deck."", ""Why stock investors should buy American In a muddy global market, the U.S. is the cleanest shirt in the hamper Welcome to America, investors \u2014 or really, welcome back. In a world of serious debt, deficits and dysfunctional politics, stock buyers increasingly are seeing the U.S. as the cleanest shirt in the global hamper \u2014 and a safe haven for equity holdings.""]"
EXC,2011-10-10,19.7001,19.8135,19.6063,19.8135,
EXC,2011-10-11,19.7743,19.7841,19.4686,19.5789,
EXC,2011-10-12,19.5672,19.9503,19.5417,19.8339,
EXC,2011-10-13,19.7919,19.9073,19.6141,19.8847,"Stocks to watch Thursday: Time Warner, Darden A media company’s debt offering, a REIT’s secondary stock offering, an update on a merger of utility companies, and insurance companies’ loss estimates all vie for investors’ attention early Thursday."
EXC,2011-10-14,20.002,20.1427,19.912,20.1017,
EXC,2011-10-17,19.9267,20.1339,19.8339,19.872,
EXC,2011-10-18,19.872,19.9503,19.6288,19.8476,
EXC,2011-10-19,19.8672,20.1065,19.7254,19.7841,
EXC,2011-10-20,19.8242,19.9687,19.7216,19.8672,
EXC,2011-10-21,20.003,20.1554,20.003,20.1407,
EXC,2011-10-24,20.0763,20.1232,19.8847,19.96,
EXC,2011-10-25,19.8662,19.9932,19.6727,19.6767,"How not to seek dividend income Commentary: Dogs of the Dow strategy has lagged buy-and-hold Advisers have been forecasting that stock market leadership would soon shift towards blue-chip dividend-paying stocks. Unfortunately, the most popular dividend-stock strategy among retail investors has produced disappointing returns in recent years, writes Mark Hulbert."
EXC,2011-10-26,19.8896,19.9503,19.533,19.8622,"Stocks to watch Wednesday: IBM, Amazon, Boeing Tech-sector earnings are back in the spotlight, as a handful of companies also announce developments regarding dividends and share repurchases."
EXC,2011-10-27,20.1564,20.6722,20.0938,20.5627,
EXC,2011-10-28,20.51,20.7729,20.3313,20.7269,
EXC,2011-10-31,20.5834,20.8413,20.5834,20.6391,
EXC,2011-11-01,20.429,20.5804,20.2268,20.2765,
EXC,2011-11-02,20.5071,20.723,20.4759,20.5687,
EXC,2011-11-03,20.6928,20.8354,20.5804,20.7367,
EXC,2011-11-04,20.6224,20.6224,20.2414,20.4739,
EXC,2011-11-07,20.5901,20.8589,20.4504,20.85,
EXC,2011-11-08,20.85,21.0885,20.7895,21.0835,
EXC,2011-11-09,20.7787,21.1353,20.7787,20.9204,
EXC,2011-11-10,21.1275,21.148,20.8149,20.8959,
EXC,2011-11-11,21.0787,21.278,21.0484,21.2018,11 stocks trading at highest since last 11/11
EXC,2011-11-14,21.1275,21.1852,20.8959,21.0093,
EXC,2011-11-15,20.9633,21.0504,20.8305,20.8774,
EXC,2011-11-16,20.768,20.8149,20.5393,20.557,
EXC,2011-11-17,20.5657,20.6839,20.2599,20.4192,
EXC,2011-11-18,20.5296,20.6888,20.4896,20.553,
EXC,2011-11-21,20.3069,20.4504,20.2141,20.3469,
EXC,2011-11-22,20.3596,20.3967,20.0088,20.0206,
EXC,2011-11-23,19.871,19.9356,19.6385,19.7109,
EXC,2011-11-25,19.7109,19.8769,19.6698,19.7284,
EXC,2011-11-28,20.0958,20.1964,19.9795,20.088,
EXC,2011-11-29,20.1603,20.2912,20.1036,20.2062,
EXC,2011-11-30,20.6274,20.8647,20.4016,20.85,
EXC,2011-12-01,20.7729,20.9156,20.6791,20.7269,
EXC,2011-12-02,20.7787,20.8022,20.3596,20.388,"Constellation to Buy from ONEOK - Analyst Blog Constellation Energy ( CEG ) has entered into a definitive agreement to acquire ONEOK Energy Marketing Company (""OEMC""), a subsidiary of ONEOK, Inc. ( OKE ), for $22.5 million, plus working capital. OEMC is a retail natural gas marketing company located at Tulsa, Oklahoma. Recently, Constellation Energy has reached the landmark of 1 million retail customers. The current acquisition would add approximately another 26,100 customers to its customer base. Moreover, it will expand Constellation Energy's business and residential customer base in seven states: Kansas, Oklahoma, Missouri, Texas, Nebraska, Wyoming and Illinois. Of late the company has made a few strategic acquisitions which helped boost its customer base and market reach. In July 2011, the company acquired MXenergy Holdings Inc. (MXenergy), which is a retail energy marketer of natural gas and electricity, for approximately $214.5 million. MXenergy Holdings Inc. serves approximately 540,000 customers in the Texas residential market. In May 2011, the company had acquired all of the outstanding stock of Star Electricity, Inc. (StarTex), which is a retail electric provider, for $163.5 million in cash. The latter acquisition added approximately 170,000 customers to Constellation's customer base. The company continues to enjoy a strong liquidity, helping it to indulge in strategic acquisitions. The company's cash balance at the end of September 30, 2011, was approximately $1.17 billion. In October this year, Constellation Energy reported third quarter 2011 results. In the reported quarter, the company's adjusted earnings per share of 68 cents came in below the Zacks Consensus Estimate of 89 cents. However, results were ahead of the year-ago earnings of 48 cents. Constellation Energy is focused on its environment friendly commitment by providing innovative energy solutions to its customers to reduce greenhouse gas emissions and utilize sources of renewable energy. The proposed OEMC acquisition will help in expanding natural gas services for the company's constantly growing customer base. The company expects the definite agreement to close in the first quarter of 2012. Constellation Energy's pending merger with Exelon Corporation ( EXC ) is expected to be a strategic fit and earnings accretive to the combined entity in the second year itself. The company expects the transaction to be completed by early 2012. The company presently retains a short-term Zacks #3 Rank (Hold) that corresponds with our long-term Neutral recommendation on the stock. Baltimore-based Constellation Energy Group Inc. is a diversified holding company for a group of energy businesses focused on wholesale power marketing and merchant generation. The company also provides regulated electricity and gas services in central Maryland through its subsidiary, Baltimore Gas and Electric Company (""BGE""). CONSTELLATN EGY ( CEG ): Free Stock Analysis Report EXELON CORP ( EXC ): Free Stock Analysis Report ONEOK INC ( OKE ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2011-12-05,20.5003,20.7025,20.4504,20.5755,
EXC,2011-12-06,20.6654,20.7025,20.4661,20.5687,
EXC,2011-12-07,20.4456,20.6321,20.388,20.5335,
EXC,2011-12-08,20.5159,20.5159,20.1857,20.2414,"First Solar Projects are Hot Buns - Analyst Blog First Solar Inc. ( FSLR ) announced that billionaire investor Warren Buffet's MidAmerican Energy Holdings Company has entered into a definitive agreement to acquire its Topaz Solar Farm. The transaction is a win-win situation for both the parties since with the Topaz deal First Solar is able to clear its house with all the big four U.S. based utility solar projects under sale. The other three big ticket projects include the 660-megawatt Desert Sunlight project in California vended to NextEra Energy Resources ( NEE ) and General Electric ( GE ); the 348-megawatt Agua Caliente project in Arizona sold to NRG Energy Inc. ( NRG ); and the 280-megawatt Antelope Valley project in Nebraska sold to Exelon Generation ( EXC ). On the other hand the buyer of the Topaz project would be able to qualify for the U.S. Treasury grant rebate program. For solar installations, the grant is equal to 30% of the system's cost and the owner will get this amount regardless of their earnings and tax bill. The move to acquire the Topaz project by MidAmerican Energy Holdings is a smart move as the 30% grant would be locked in before its expiry by the end of fiscal 2011. The 550-megawatt Topaz project, under construction in San Luis Obispo County, California, will have the capacity to generate enough renewable energy to power about 160,000 average Californian homes. The companies did not disclose the financial details of the deal. The project, in June 2011, was the fore runner in receiving a $1.9 billion loan from the U.S. Department of Energy to cover part of the financing. Though it announced in September that it was unable to qualify for the loan, it was still keen upon pursuing the project. The Topaz project worth more than $2 billion is one of the largest PhotoVoltaic endeavors in the world. Construction began in November 2011 and is expected to be complete by early 2015. The project will create about 400 construction jobs and 15 ongoing operations and maintenance jobs. Pacific Gas and Electric Company ( PCG ) will purchase the electricity from Topaz under a 25-year power purchase agreement. First Solar, the largest stand-alone solar module manufacturer in terms of market capitalization, will benefit greatly from the steady economic recovery as well as favorable legislations supporting PV installations. The company's project pipeline currently stands at an impressive 3.2 GW. First Solar manufactures solar modules with an advanced semiconductor technology and is a premier provider of comprehensive PV system solutions. The company is delivering an economically and environmentally viable alternative to fossil fuel. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating value-driven renewable energy solutions that protect and enhance the environment. Moreover, by virtue of its diversified revenue exposure, technological enhancements and cost minimization, the company has a distinct edge over its competitors. Through cadmium telluride-based solar modules, the company offers a differentiated technology versus its silicon-based peers. However, First Solar's short-term growth may be partially hampered by the volatile euro, apprehension over reduction in German subsidies, falling crystalline silicon prices and the modules' glut in the market. The company presently retains a short-term Zacks #5 Rank (Strong Sell). Over the longer run we however maintain our long-term Neutral recommendation on the stock. EXELON CORP ( EXC ): Free Stock Analysis Report FIRST SOLAR INC ( FSLR ): Free Stock Analysis Report GENL ELECTRIC ( GE ): Free Stock Analysis Report NEXTERA ENERGY ( NEE ): Free Stock Analysis Report NRG ENERGY INC ( NRG ): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2011-12-09,20.4691,20.5335,20.2863,20.5042,
EXC,2011-12-12,20.4602,20.4866,20.1134,20.2599,
EXC,2011-12-13,20.3273,20.6058,20.2912,20.3791,
EXC,2011-12-14,20.3928,20.4602,20.1964,20.2062,
EXC,2011-12-15,20.2765,20.4602,20.1857,20.3527,
EXC,2011-12-16,20.4026,20.4896,20.0928,20.1554,
EXC,2011-12-19,20.1857,20.2238,19.7479,19.7871,
EXC,2011-12-20,20.003,20.0489,19.7782,19.917,"Google, KKR to invest $189 mln in solar projects Google Inc. GOOG and KKR & Co. L.P. KKR said Tuesday they would invest a combined $189 million in U.S. solar facilities. Google said it would invest $94 million in four California solar farms under construction near Sacramento. KKR said it plans to invest $95 million in U.S. solar facilities, including the Sacramento facilities and other projects it has not yet announced."
EXC,2011-12-21,19.9219,20.4407,19.7059,20.4104,
EXC,2011-12-22,20.4691,20.5492,20.256,20.3967,
EXC,2011-12-23,20.4651,20.5853,20.4026,20.4778,
EXC,2011-12-27,20.4651,20.6058,20.4231,20.553,
EXC,2011-12-28,20.5618,20.6283,20.4456,20.4651,
EXC,2011-12-29,20.4896,20.6224,20.4691,20.5657,
EXC,2011-12-30,20.6058,20.6625,20.4065,20.4065,
EXC,2012-01-03,20.3362,20.5618,19.5741,19.7948,
EXC,2012-01-04,19.6825,19.7479,19.4519,19.4743,"Ameren's First Step for 2012 - Analyst Blog Ameren Illinois, a subsidiary of Ameren Corporation ( AEE"">AEE ), has filed for the implementation of its Modernization Action Plan (""MAP"") with Illinois Commerce Commission. This marks the first step for the MAP that is aimed to provide customers with an improved, more reliable and modernized electric distribution system. In December 2011, the company enacted the Energy Infrastructure Modernization Act. This Act is a statewide commitment that follows a formularatemaking approach and is expected to create more than 2,400 jobs. The Act calls for an investment of $3 billion over the next 10 years to renovate the state's electric system, and also includes the installation of smart grid.Ameren Illinois is looking forward to executing the new law as its MAP. The key points of the initial action plan, during filing, include investment of an additional $625 million in theAmeren Illinois electric delivery system over the next 10 years, thus creating 450 new jobs, improving service reliability by using advanced distribution system automation, modernization of electric substations and the installation of new transformers. The MAP filing is expected to benefitAmeren customers in multiple ways, by reducing the instances and length of electric service outages with the introduction of new technologies. This would help them to exercise greater control over their energy usage and expenditure. The MAP also includes a provision for the imposition of penalties, in case the company fails to meet its goals. These initiatives indicate that the company has begun focusing on 2012 and beyond. Key growth drivers for the company include consistent performances across its stable utility operations in the Midwestern market, its focus on cost minimization and its strong balance sheet. However, we are concerned about its predominantly coal-based generation assets and pending regulatory cases. The company presently retains a short-termZacks #3 Rank (Hold) that corresponds with our long-term Neutral recommendation on the stock. St. Louis-basedAmeren Corporation is a holding company which engages in the generation and distribution of electricity and natural gas. It caters to residential, commercial, industrial and wholesale end-markets in Missouri and Illinois. Some of its main competitors include CenterPoint Energy, Inc. ( CNP"">CNP ) and Exelon Corporation ( EXC"">EXC ). AMEREN CORP ( AEE ): Free Stock Analysis Report CENTERPOINT EGY ( CNP ): Free Stock Analysis Report EXELON CORP ( EXC ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-01-05,19.4295,19.534,19.233,19.4089,
EXC,2012-01-06,19.4422,19.4686,19.2428,19.3337,
EXC,2012-01-09,19.3435,19.5437,19.2926,19.4793,
EXC,2012-01-10,19.5936,19.6444,19.3337,19.3483,
EXC,2012-01-11,19.3249,19.3728,19.0152,19.0591,
EXC,2012-01-12,19.1247,19.1715,18.8305,18.9077,
EXC,2012-01-13,18.8227,18.8452,18.6467,18.6997,
EXC,2012-01-17,19.0093,19.0093,18.5619,18.6097,
EXC,2012-01-18,18.6097,18.7124,18.5022,18.6224,"Exelon-CEG Progress on Merger - Analyst Blog Exelon Corporation ( EXC ) and Constellation Energy Group Inc. ( CEG ) reached an agreement with Electricite de France or EDF, pursuant to which EDF would withdraw its opposition to the Exelon-Constellation merger. The terms address Constellation Energy Nuclear Group, a joint venture between Constellation and EDF that owns and operates three nuclear facilities with five generating units in Maryland and New York. Further, Exelon said this merger would combine its environmentally advantaged generation fleet with Constellation Energy's customer-facing businesses. No payment was made by either party with respect to this agreement. Earlier, on April 28, 2011, Exelon entered into a definite agreement to acquire Constellation Energy, for about $7.9 billion. The exchange ratio agreed upon represents an 18.1% premium to the 30-day average closing stock prices of Exelon and Constellation as of April 27, 2011. Following the completion of the merger, Exelon shareholders will have 78% ownership of the combined company, while the rest will belong to Constellation shareholders. The companies expect to close the merger by early 2012. Nuclear power plants are the major source of power generation for Exelon. As the deal was finally chalked out, Exelon will have access to Constellation's nuclear power plants in New York and Maryland. This will come as a big boost to its generation capacity. This merger will create the nation's number one competitive energy products and services supplier by load and customers as well as the biggest competitive power generator having the largest nuclear fleet in the U.S. The consolidated entity will also produce power at much lower costs, helping them to jointly work on fuel innovation, increase efficiency and provide better options and rates to customers. The Exelon-Constellation merger has received approval by the Department of Justice, the New York Public Service Commission, the Public Utility Commission of Texas and the shareholders of Exelon and Constellation. However, approval is pending from the Federal Energy Regulatory Commission, the Nuclear Regulatory Commission and the Maryland Public Service Commission. Baltimore based Constellation Energy is a supplier of power, natural gas and energy products and services for homes and businesses across the continental United States. Despite obvious positives to be reaped from such a consolidation, the deal came after both the companies showed a dubious track record of failing to acquire or be acquired by other companies. On a few occasions, Exelon has made unsuccessful attempts to clinch acquisitions. The target companies, for instance, were NRG Energy Inc. ( NRG ) in 2008, Public Service Enterprise Group Inc. ( PEG ) in 2004 and Illinois Power Co. in 2003. Constellation Energy came close to be acquired twice before both the deals fell through. NextEra Energy Inc. 's ( NEE ) attempt to buy Constellation was thwarted in 2005 by the interference of state officials. Another deal to be acquired by Berkshire Hathaway failed in 2008. Exelon Corporation currently retains a Zacks #3 Rank (short-term Hold rating). We maintain a longer-term Neutral recommendation on Exelon. Based in Chicago, Illinois, Exelon Corporation, a utility services holding company, engages in the generation, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers. CONSTELLATN EGY ( CEG ): Free Stock Analysis Report EXELON CORP ( EXC ): Free Stock Analysis Report NEXTERA ENERGY ( NEE ): Free Stock Analysis Report NRG ENERGY INC ( NRG ): Free Stock Analysis Report PUBLIC SV ENTRP ( PEG ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-01-19,18.6997,18.7572,18.5159,18.5883,"The Zacks Analyst Blog Highlights: Exelon, Constellation Energy Group, NRG Energy, Public Service Enterprise Group and NextEra Energy - Press Releases For Immediate Release Chicago, IL - January 19, 2012 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Exelon Corporation ( EXC ), Constellation Energy Group Inc. ( CEG ), NRG Energy Inc. ( NRG ), Public Service Enterprise Group Inc. ( PEG ) and NextEra Energy Inc. ( NEE ). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights fromWednesday'sAnalyst Blog: Exelon-Constellation Merger Progress Exelon Corporation ( EXC ) and Constellation Energy Group Inc. ( CEG ) reached an agreement with Electricite de France or EDF, pursuant to which EDF would withdraw its opposition to the Exelon-Constellation merger. The terms address Constellation Energy Nuclear Group, a joint venture between Constellation and EDF that owns and operates three nuclear facilities with five generating units in Maryland and New York. Further, Exelon said this merger would combine its environmentally advantaged generation fleet with Constellation Energy's customer-facing businesses. No payment was made by either party with respect to this agreement. Earlier, on April 28, 2011, Exelon entered into a definite agreement to acquire Constellation Energy, for about $7.9 billion. The exchange ratio agreed upon represents an 18.1% premium to the 30-day average closing stock prices of Exelon and Constellation as of April 27, 2011. Following the completion of the merger, Exelon shareholders will have 78% ownership of the combined company, while the rest will belong to Constellation shareholders. The companies expect to close the merger by early 2012. Nuclear power plants are the major source of power generation for Exelon. As the deal was finally chalked out, Exelon will have access to Constellation's nuclear power plants in New York and Maryland. This will come as a big boost to its generation capacity. This merger will create the nation's number one competitive energy products and services supplier by load and customers as well as the biggest competitive power generator having the largest nuclear fleet in the U.S. The consolidated entity will also produce power at much lower costs, helping them to jointly work on fuel innovation, increase efficiency and provide better options and rates to customers. The Exelon-Constellation merger has received approval by the Department of Justice, the New York Public Service Commission, the Public Utility Commission of Texas and the shareholders of Exelon and Constellation. However, approval is pending from the Federal Energy Regulatory Commission, the Nuclear Regulatory Commission and the Maryland Public Service Commission. Baltimore based Constellation Energy is a supplier of power, natural gas and energy products and services for homes and businesses across the continental United States. Despite obvious positives to be reaped from such a consolidation, the deal came after both the companies showed a dubious track record of failing to acquire or be acquired by other companies. On a few occasions, Exelon has made unsuccessful attempts to clinch acquisitions. The target companies, for instance, were NRG Energy Inc. ( NRG ) in 2008, Public Service Enterprise Group Inc. ( PEG ) in 2004 and Illinois Power Co. in 2003. Constellation Energy came close to be acquired twice before both the deals fell through. NextEra Energy Inc. 's ( NEE ) attempt to buy Constellation was thwarted in 2005 by the interference of state officials. Another deal to be acquired by Berkshire Hathaway failed in 2008. Exelon Corporation currently retains a Zacks #3 Rank (short-term Hold rating). We maintain a longer-term Neutral recommendation on Exelon. Based in Chicago, Illinois, Exelon Corporation, a utility services holding company, engages in the generation, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers. Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515 . About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks ""Profit from the Pros"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns instock market datathat would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518 . Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Follow us on Twitter: http://twitter.com/zacksresearch Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com http://www.zacks.com CONSTELLATN EGY ( CEG ): Free Stock Analysis Report EXELON CORP ( EXC ): Free Stock Analysis Report NEXTERA ENERGY ( NEE ): Free Stock Analysis Report NRG ENERGY INC ( NRG ): Free Stock Analysis Report PUBLIC SV ENTRP ( PEG ): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-01-20,18.5403,18.6547,18.4768,18.5217,
EXC,2012-01-23,18.6097,18.8012,18.5658,18.7406,
EXC,2012-01-24,18.6527,18.7035,18.4153,18.4543,"Stocks to watch Wednesday: Abbott, Apple Among the stocks that could see active trade in Wednesday’s session are Abbott, Apple and Boeing."
EXC,2012-01-25,18.4543,18.8452,18.1476,18.8266,"[""Southern Co's EPS Beats, Revs Miss - Analyst Blog Electric utility firm Southern Co. ( SO ) reported mixed fourth quarter and fiscal 2011 results, attributable to industrial sector growth and lower operating costs, partially offset by weak residential and commercial sector performance. Quarterly earnings per share ( EPS ) came in at 30 cents, beating the Zacks Consensus Estimate by a penny. Reported EPS also compared favorably with last year's 18 cents For the full year, Southern Co. reported earnings of $2.57 per share, surpassing our projection by a penny and ahead of the prior-year level of $2.37 per share. Quarterly revenue stood at $3,696 million, down 2.0% year over year and also below the Zacks Consensus Estimate of $4,041 million. Southern Co. generated revenue of $17,657 million in fiscal 2011, against $17,456 million in 2010. The result, however, failed to meet the Zacks Consensus Estimate of $18,032 million. Despite the EPS surprise, the company's results were adversely impacted by seasonality from October to December, which decreased electricity demand for air conditioning. This brought about a downward movement in overall electricity sales and usage. Total electricity sales during the fourth quarter were down 5.3% from the same period last year. During the quarter, total retail sales fell 5.5%, reflecting lower demand from residential customers, which deteriorated 13.2%. Commercial sales registered a year-over-year decline of 4.9%. On a positive note, industrial sales inched up 1.4%, driving Southern's quarterly results. With nearly 35% of the company's total retail sales coming from industrial customers, a rebounding economy significantly affects the fortunes of Southern, as compared to other utilities that are less dependent on the industrial component. Expenses Summary The company's operations and maintenance expense decreased 5.4% year over year, representing the third consecutive quarterly decline. Additionally, Southern's total operating expense in the fourth quarter stood at $3,107.0 million, approximately 5.9% lower than the prior-year level. Outlook Management indicated that the economic recovery has led to improvements in industrial activity, especially in Southern's core Southeast market, but at a slower-than-expected pace. In the meantime, the company continues to further emphasize on exceptional service, industry-leading reliability and prices below the national average. Our Recommendation Headquartered in Atlanta, Georgia, Southern Company is the second largest generator of electricity in the nation behind Exelon Corp. ( EXC ), serving both regulated and competitive markets across the southeastern U.S. It is a holding company for four regulated Southern electric utilities serving about 4.4 million customers - Georgia Power, Alabama Power, Gulf Power and Mississippi Power. With good rate base growth and constructive regulation, we believe Southern Company will be able to generate steady earnings and dividend growth in the coming years through its long-term power contracts. However, the challenging economic environment and changes in consumer demand may hamper Southern's results over the next few quarters. Taking these factors into account, we remain comfortable with Southern's Zacks #3 Rank, which translates into a short-term Hold rating. We are also maintaining our long-term Neutral recommendation on the stock. EXELON CORP ( EXC ): Free Stock Analysis Report SOUTHN COMPANY ( SO ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Misses Both Numbers - Analyst Blog Exelon Corporation ( EXC ) announced fourth-quarter 2011 operating earnings of 82 cents per share compared with 96 cents per share in the year-ago quarter. The results of the company missed the Zacks Consensus Estimate of 88 cents by 6 cents. GAAP earnings of Exelon during the quarter were 91 cents, compared with 79 cents in the year-ago period. In the reported quarter, the variation between operating and GAAP earnings was owing to the following one-time items: an impact of 3 cents for the proposed merger with Constellation Energy Group, Inc. (Constellation), 1 cent for the retirement of certain Generation fossil generating units and 1 cent associated with non-cash annual remeasurement of state deferred income taxes. The company gained 7 cents related to nuclear decommissioning trust (\""NDT\"") fund investments and 7 cents for the mark-to-market gain. Exelon's 2011 operating earnings were $4.16 per share compared with $4.06 per share reported in 2010. However, the results of the company missed the Zacks Consensus Estimate of $4.20 per share by 4 cents. Total Revenue Exelon's total operating revenue for fourth-quarter 2011 was $4,251 million versus $4,494 million reported in the year-ago period reflecting a decline of 5.4%. Reported quarter revenue missed the Zacks Consensus Estimate of $5,091 million by $840 million. Exelon's total operating revenue for 2011 was $19,184 million versus $18,644 million reported in the prior fiscal year, reflecting a growth of 2.9%. Fiscal year 2011 revenue missed the Zacks Consensus Estimate of $19,586 million. Quarterly Highlights During the quarter, the total operating expenses of the company fell by 10.3% year over year driven by a 21.8% dip in the input costs. The reduction in operating expenses during the quarter boosted the operating income of the company which grew 13.1% from the prior-year quarter. Interest expenses during the quarter decreased by $2 million to $181 million versus $183 million in the year-ago quarter. Segment Update Generation: Exelon's Generation segment achieved a nuclear capacity factor of 93.0% in the fourth quarter of 2011 versus 93.1% in the year-ago quarter. Generation's average realized margin on all electric sales, including sales to affiliates and excluding trading activity, was $39.31 per megawatt/hour (MWh) in the quarter compared with $41.45 per MWh in the prior-year quarter. Commonwealth Edison Company (ComEd): In the fourth quarter of 2011, heating degree-days in the ComEd service territory were down 20.1% versus the same period in 2010 and were 19.6% below normal. ComEd's total retail electric deliveries declined 2.6% quarter over quarter due to decrease in deliveries to small commercial and industrial customers. These were partially offset by increases in deliveries to large commercial, industrial and residential customers. PECO Energy Company (PECO): Heating degree-days in the PECO service territory were down 22.8% year over year and were 20.3% below normal. Total retail electric deliveries were down 6.1% from last year, reflecting a decline in deliveries to large commercial and industrial customersthat was partially offset by increased deliveries to residential and small commercial and industrial customers. On the retail gas side, deliveries in the fourth quarter of 2011 were down 22.7% from the year-ago level, mainly due to unfavorable after-tax effect of $25 million on fourth quarter 2011 earnings compared with 2010 and an unfavorable after-tax effect of $22 million owing to normal weather. Annual Highlights The rise in total revenue for the fiscal year was more than offset by escalating operating expenses that increased at a higher trajectory compared to revenue, resulting in a slip in operating income by 5.2% year over year. Exelon-operated nuclear plants achieved an average capacity factor of 93.3% in 2011 versus 93.9% in 2010. Interest expenses of the company at the end of the year were $726 million versus $817 million at the end of 2010. Hedges Exelon's hedging program involves the hedging of commodity risks for expected generation, typically on a ratable basis over a three-year period. The proportion of expected generation hedged, as of December 31, 2011, is 88% - 91% for 2012, 61% - 64% for 2013 and 32% - 35% for 2014. Peer Comparison Ameren Corporation ( AEE ) competes with Exelon Corporation. AEE announced its 2011 pro-forma earnings guidance in the range of $2.50 - $2.60 per share. As per the Zacks Consensus Estimate, 2011 pro-forma earnings are expected to be $2.51 per share. Based in Chicago, Illinois, Exelon Corporation, a utility services holding company, engages in the generation, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers. Exelon Corporation currently retains a Zacks #3 Rank (short-term Hold rating). AMEREN CORP ( AEE ): Free Stock Analysis Report EXELON CORP ( EXC ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ConocoPhillips, Hess dip, energy stocks up on Fed Hess Corp. swings to a loss; Occidental boosts domestic output Sector turns around after Fed extends low interest rate pledge, but Hess Corp. swings to a loss; Occidental boosts domestic production""]"
EXC,2012-01-26,18.8452,18.9869,18.681,18.8179,
EXC,2012-01-27,18.7397,18.7397,18.4446,18.6097,
EXC,2012-01-30,18.5413,18.6937,18.4202,18.6908,
EXC,2012-01-31,18.7406,18.7719,18.5921,18.7151,
EXC,2012-02-01,18.7699,18.8364,18.5883,18.6997,
EXC,2012-02-02,18.7699,18.7728,18.5413,18.6527,
EXC,2012-02-03,18.7397,18.7631,18.597,18.6927,
EXC,2012-02-06,18.6674,18.7543,18.6204,18.7543,
EXC,2012-02-07,18.7298,18.8911,18.6224,18.8354,
EXC,2012-02-08,18.8755,18.9341,18.7298,18.9185,
EXC,2012-02-09,18.8862,18.9682,18.7855,18.8432,
EXC,2012-02-10,18.769,18.8305,18.6927,18.7504,"[""U.S. OKs 1st Nuke Plant in 34 Years - Analyst Blog For the first time in over 30 years, the U.S. Nuclear Regulatory Commission ( NRC ) has approved licenses for the construction of two new nuclear reactors. In a long-awaited vote, the federal regulators decided 4-1 in favor of building the 1,100-megawatt units at power generator Southern Company's ( SO ) existing nuclear site in Vogtle, Georgia. The last nuclear plant to be given the go-ahead by NRC was way back in 1978, a year before the Three Mile Island accident in Pennsylvania. Although new atomic energy units have come online in this country within the last couple of decades - the most recent one in 1996 - they received their initial license prior to 1978, when the Three Mile incident raised fears of a radiation release and brought new reactor orders almost to a standstill. Interestingly, the sole dissenting voice in the commission came from chairman, Gregory B. Jaczko, who argued that the construction and operating license would not be able to fully address the safety risks exposed by the meltdown at Japan's Fukushima plant last year following a devastating earthquake and tsunami. Atlanta-based Southern, which got the green light for a new reactor design from NRC in December, has already invested hundreds of millions of dollars in preparing the site. If things go as planned, the company expects the first reactor to be making electricity by 2016 and the second a year later. With the construction of the two new 'third-generation' reactors - said to be safer with a capacity to survive longer during emergencies without outside power - the Vogtle plant, where two older reactors from the 1980s already operate, is set to become the largest nuclear complex in the U.S. Now, the state regulators in Georgia are tasked with the decision to oversee Southern and its three minority partner's spending on the estimated $14 billion project. The Obama administration has promised an $8.3 billion in federal loan guarantee for the two reactors as an incentive. Southern Company's NRC vote of approval is being hailed as a milestone for the industry with the hope that Vogtle 3 and 4 will usher in a wave of new projects towards championing nuclear energy as a cleaner (low-carbon) alternative to fossil fuels. Headquartered in Atlanta, Georgia, Southern Company is the second largest generator of electricity in the nation behind Exelon Corp. ( EXC ), serving both regulated and competitive markets across the southeastern U.S. It is a holding company for four regulated Southern electric utilities that serve about 4.4 million customers - Georgia Power, Alabama Power, Gulf Power and Mississippi Power. Southern Company is one of the best-managed electric utility holding companies in the U.S., and it dominates the power business across the southeastern part of the country. With good rate base growth and constructive regulation, we believe the firm will be able to generate steady earnings and dividend growth in the coming years through its long-term power contracts. However, the challenging economic environment and a return to more normal spending levels may hamper Southern's results in the next few quarters. As such, we do not anticipate a significant upside in the near future and expect the stock to perform in line with the broader market. Taking these factors into account, we remain comfortable with Southern's Zacks #3 Rank, which translates into a short-term Hold rating. We are also maintaining our long-term Neutral recommendation on the stock. EXELON CORP ( EXC ): Free Stock Analysis Report SOUTHN COMPANY ( SO ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""PPL Corp. Beats Estimates - Analyst Blog PPL Corporation 's ( PPL ) fourth quarter earnings of 70 cents per share were 8 cents higher than the Zacks Consensus Estimate of 62 cents but fell short of the year-ago results of 83 cents. GAAP earnings during the quarter were 69 cents versus 73 cents in the year-ago quarter. The difference between GAAP and operating earnings of 1 cent was due to the net effect of a 12 cent charge in the international regulated business and a gain of 11 cents from the supply business. For the full-year 2011, PPL reported operating earnings of $2.72 per share, outperforming the Zacks Consensus Estimate of $2.65 but falling short of last year's earnings of $2.65 per share. The company reported strong results across all its business segments. However, PPL Corp. pointed out that the company's full-year earnings were impacted by 75 cents due to issuance of shares in June 2010 and April 2011. The new shares were issued to fund the acquisitions of regulated utility operations in Kentucky and the United Kingdom. Revenue The quarterly total revenue of $4.2 billion surpassed the Zacks Consensus Estimate of $3.4 billion and was substantially higher than $1.8 billion reported in the year-ago period. Full-year revenue was $12.74 billion, which surpassed both the Zacks Consensus Estimate of $11.5 billion and $8.5 billion of revenues generated in 2010. Segment Results In the fourth quarter, earnings from the Kentucky Regulated segment were 6 cents which included the diluted impact of 1 cent from share issuance. In the reported quarter, earnings per share from PPL's Pennsylvania Regulated segment rose by 5 cents from the year-ago period. The results were driven by the 2011 distribution base rate increase and a reduction in operating and maintenance expenses. In the reported quarter, earnings from the International Regulated segment improved by 21 cents from the comparable period last year. The year-over-year growth was attributable to the strong results of the Midlands businesses and higher delivery revenues at WPD's legacy delivery operations. In the reported quarter, earnings from the Supply segment fell by 38 cents from the year-ago quarter. The year-over-year decline was due to lower coal generation, Susquehanna turbine blade-replacement outages and lower Eastern energy margins as a result of lower energy and capacity prices. Operational Update Operating expenses in the reported quarter were $3.35 billion versus $1.22 billion in the year-ago quarter. Despite an increase in expenses, the higher revenue during the quarter benefited the operating margin of the company. Operating income was $859 million compared with $642 million in the year-ago quarter. Interest expenses for 2011 were $912 million versus $593 million in 2010. The increase in expenses was attributable to the higher debt level. Financial Update As of December 31, 2011, the company had cash and cash equivalents of $1,202 million versus $925 million as of December 31, 2010. Long-term debt at year end was $17.99 billion compared with $12.16 billion at the end of 2010. Cash from operating activities in 2011 was $2,507 million versus $2,033 million in 2010. Outlook PPL Corp. projected full-year 2012 earnings to come in the range of $2.15 - $2.45 per share, with a midpoint of $2.30. The company expects 70% of the earnings to be generated from its regulated business, up from a 58% contribution in 2011. Earnings this year are expected to decline from the 2011 level of $2.72 affected by lower margins from the company's competitive business. Individually, the company expects the Supply, International Regulated, Pennsylvania Regulated and Kentucky Regulated businesses to contribute 71 cents, $1.04, 21 cents and 34 cents, respectively, to 2012 projected earnings. Peer Comps Exelon Corporation ( EXC ), which competes with PPL Corp., announced operating earnings for the fourth quarter 2011 of 82 per share versus 96 cents per share in the year-ago quarter. Earnings missed the Zacks Consensus Estimate of 88 cents by 6 cents. 2011 operating earnings of the company were $4.16 per share compared with $4.06 per share in 2010. The results also missed the Zacks Consensus Estimate of $4.20. Our View We appreciate the initiatives taken by the company to increase shareholder value by increasing the quarterly dividend. The company decided to hike the quarterly dividend by 1 cent to 36 cents, payable on April 2, 2012, to shareowners of record as of March 9, 2012. Though PPL Corp. beat our expectation for both the quarter and the fiscal, we are worried about the performance of the company's Supply segment in 2012. This segment dragged down the overall results in 2011 prompting the company to take a more cautious stand for 2012. Based in Allentown, Pennsylvania, PPL Corp. generates and delivers electricity and natural gas to nearly 5.2 million consumers in the United States and United Kingdom. PPL Corp. retains a Zacks #3 Rank which translates into a short-term Hold rating. EXELON CORP ( EXC ): Free Stock Analysis Report PPL CORP ( PPL ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""First Solar project hits loan snag, shares fall Antelope Valley Solar Ranch in California in line for $646 million loan Antelope Valley Solar Ranch in California in line for $646 million loan."", ""Exxon Mobil, First Solar, Arch damp energy stocks Energy stocks fall as the two sector components in the Dow Jones Industrial Average exceed loses by the blue-chip barometer.""]"
EXC,2012-02-13,18.8706,18.9233,18.6732,18.7054,"[""Utility ETFs: Slumping Sector In Rebounding Market - ETF News And Commentary So far in 2012, the stock market has been pretty kind to all stripes of equity investors. Broad markets have surged higher as many have focused in on stronger U.S. data while declining fears over emerging market inflation and European woes have increased risk appetite as well. These factors have led to a solid performance for the S&P 500 as the benchmark has risen by about 7.5% in year-to-date terms (also read Three Cyclical ETFs That Are Surging Higher ). Yet despite these solid gains in many corners of the American market, some haven't been so lucky. In fact, one of the worst places that investors could have had their money during 2012 has turned out to be in the utilities sector. This traditionally safe place is one of the first spots that investors pile into when they are seeking to avoid risks, but it also seems to be one of the primary cash-out stops for those looking to cycle into higher risk securities when markets are soaring. Thanks to this trend, utilities have failed to keep pace with the broad market gains so far this year, reversing the trend that many have seen over longer time periods (read Are Telecom ETFs In Trouble? ). Seemingly in the utility ETF world, no fund has been immune to the trend as all have tumbled so far in the time period. Nevertheless, despite the high levels of correlation among funds in the sector, there was certainly some variation between performances, a trend that looks likely to continue well into the future no matter how the space performs in the rest of the year. In light of this factor, as well as the traditional strength of the space up until recently, we take a closer look at some of the large cap funds in this space which have been among the hardest hit by the move towards cyclical securities and away from safety: Focus Morningstar Utilities ETF ( FUI ) For those with a Scottrade account, FUI and the rest of the FocusShares lineup could be the way to go, as these funds all trade commission-free for Scottrade account holders. FUI is ultra-cheap at 19 basis points a year in fees and holds a high amount of securities at 71 in total. Top holdings go towards Southern Corp ( SO ) at 7.5% of assets while Dominion Resources ( D ) and Duke Energy ( DUK ) each make up another 5.6% of the total as well. Despite the relatively spread out nature of the fund, FUI has had a rough 2012, losing 2.9% so far this year, although this has been better than most in the space in the time frame (see Inside The Forgotten Energy ETFs ). Rydex S&P Equal Weight Utilities Fund ( RYU ) If investors are partial to equal-weighting-which can often times overweight small caps in relation to their cap-weighted counterparts-RYU is the go to fund in the utilities space. The product holds 40 securities in total while charging half a percent a year in fees, putting it in the middle of the road in the utilities space on both metrics. In terms of holdings, MetroPCS ( PCS ) takes the top spot, but it is closely trailed by AES Corp ( AES ) and Sprint ( S ) . Clearly, the fund has a definite tilt towards communication firms, giving it a unique look on the market that includes all types of utilities. However, while the fund may have an interesting methodology, it hasn't saved it from losses until very recently as the product was in-line with many others but is now one of the better performers in the space, having tumbled by just 1.7% so far this year. Vanguard Utilities ETF ( VPU ) Another low-cost option in the utilities sector is VPU, Vanguard's billion dollar product in the segment. The fund holds more securities than most, 85 in total, while charging a low expense ratio of just 19 basis points a year. Top holdings include the usual suspects like Southern Co and Dominion Resources, but this fund moves Duke Energy down to fourth in favor of Exelon Corp ( EXC ) . Still, the product has less than 46% of its total assets in the top ten holdings, suggesting that the product is pretty spread out. Unfortunately, this hasn't helped VPU too much this year, as the product has slumped by 3.1% in year-to-date terms (see Three Outperforming Active ETFs ). Utilities Select Sector SPDR ( XLU ) For the largest and cheapest fund in the category, investors should look no further than XLU. This fund has more than $6.7 billion in AUM while the volume is a rather high 8.3 million shares, by far the most in the space. In total, the fund holds 33 securities in its portfolio, giving high levels of exposure to large caps over their small cap brethren. Investors should also note that the fund is slightly more concentrated in its top holdings, putting nearly 55% of its assets in its top ten. Still, this focus on large cap equities hasn't helped holders of this SPDR in 2012 as the product has tumbled by 3.1% since the start of January. iShares Dow Jones US Utilities ( IDU ) iShares, the leader in ETFs by AUM, has a solid entrant in the utilities space as well with its IDU. The fund holds about 70 stocks, and like the rest on this list has a heavy focus on large cap securities. However, investors should note that the fund does charge a hefty premium to many others on the list at 47 basis points a year; ahead of FXU and RYU but behind its pure market cap weighted counterparts. Another important element of the fund is its breakdown between electric utilities on one hand and gas, water, and multiutilities on the other. Currently, the fund has a roughly 70/30 breakdown in favor of electric firms, giving it a slightly different tilt than some products on this list. Possibly thanks to this, IDU has done better than most in the utilities sector as the fund has lost a comparatively good 2.8% since the beginning of the year. First Trust Utilities AlphaDEX Fund ( FXU ) For a slightly more active approach in the utilities sector, investors could consider FXU for exposure. The fund utilizes the AlphaDEX methodology which seeks to select stocks based on a variety of value and growth metrics, throwing out the worst rated quarter of all stocks in the universe. For this exposure, the fund charges 70 basis points a year and holds 50 stocks in its basket, figures that differ from many other products on the list. Nevertheless, the fund has lost less than most in the space, slumping by 2.2% in year-to-date terms (see Five ETFs To Buy in 2012 ). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Author is long EXC. AES CORP ( AES ): Free Stock Analysis Report DOMINION RES VA ( D ): Free Stock Analysis Report DUKE ENERGY CP ( DUK ): Free Stock Analysis Report EXELON CORP ( EXC ): Free Stock Analysis Report METROPCS COMMUN ( PCS ): Free Stock Analysis Report SPRINT NEXTEL (S): Free Stock Analysis Report SOUTHN COMPANY (SO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Chesapeake leads energy stock gains Energy firm up on plans to raise up to $12 billion in 2012 Analysts are busy making energy-sector changes Monday, while Chesapeake posts solid gains at midday.""]"
EXC,2012-02-14,18.6868,18.7005,18.511,18.6097,
EXC,2012-02-15,18.6761,18.7005,18.597,18.638,
EXC,2012-02-16,18.683,18.9185,18.6732,18.8354,"Strong Numbers From Duke Energy - Analyst Blog Duke Energy Corporation ( DUK ) announced its fourth-quarter 2011 adjusted earnings of 24 cents per share, beating both the Zacks Consensus Estimate and the year-ago earnings of 21 cents each. In the quarter under review, the company reported GAAP earnings per share of 22 cents versus 32 cents per share in the year-ago period. In the fourth-quarter 2011, the variance of 2 cents between reported and adjusted earnings was due to the impact of costs-to-achieve the merger with Progress Energy Inc. ( PGN ). Earlier, in January 2011, Duke Energy announced that it would buy Progress Energy. The $16.1 billion transaction is expected to be completed by July 2012. Once the transaction gets through, it would create the largest U.S. utility and increase its ability to build new power plants to meet future greenhouse-gas emissions limits. Currently, Chicago-based Exelon Corporation ( EXC ) is the largest U.S. Utility. Duke Energy's fiscal 2011 adjusted earnings were $1.46 per share, topping the Zacks Consensus Estimate of $1.41 and fiscal 2010 adjusted earnings of $1.43 per share. On a reported basis, fiscal 2011 earnings came in at $1.28 per share versus $1.00 in fiscal 2010. Performance was boosted in fiscal 2011 from the ongoing modernization program and favorable results from its International business unit. This helped mitigate the impact of significantly less favorable weather, higher operating and maintenance costs, including significant storm restoration costs, and the annualized effect of customer switching in Ohio. Operational Update Duke Energy generated total revenue of $3,368 million in the fourth quarter, beating the Zacks Consensus Estimate of $3,220 million. However, it was below the year-ago figure of $3,445 million. In fiscal 2011, Duke Energy generated total revenue of $14,529 million beating the Zacks Consensus Estimate of $14,393 million and fiscal 2010 revenue of $14,272 million. Fourth Quarterly Segment Update U.S.Franchised Electric and Gas: Earnings before Interest and Taxes (""EBIT"") at the segment decreased to $552 million year over year from $605 million. The results decreased primarily due to unfavorable weather. This was partially offset by higher earnings from investments in its ongoing modernization program and a favorable revenue true-up, following a North Carolina regulatory ruling related to the company's energy efficiency programs. Commercial Power: EBIT, during the quarter under review, was $8 million; far below the year-ago figure of $58 million. The decrease was primarily due to lower fee, on account of exiting the Midwest Independent System Operator (""MISO"") effective at the end of 2011 and the annualized effect of 2010 customer switching in Ohio, which stabilized in the latter half of 2010. Additionally, earnings from the Midwest gas-fired generating fleet decreased primarily driven by lower PJM capacity revenues and higher operation and maintenance costs from planned outages. These were partially offset by higher margins on wholesale transactions. Duke Energy International: EBIT during the quarter increased to $152 million year over year from $110 million driven primarily by favorable volumes and pricing in Brazil, higher pricing at National Methanol, and higher capacity revenues in Peru. These were partially offset by slightly unfavorable average foreign exchange rates. Other: The segment includes corporate governance expenses, costs associated with the company's 2010 voluntary employee separation plan, costs-to-achieve the merger with Progress Energy and results from Duke Energy's captive insurance company. Net expenses during the quarter were $46 million, compared with $121 million in the year-ago quarter. The decrease in net expense was primarily attributable to a $40 million donation to the Duke Energy Foundation in the prior-year quarter, and lower corporate governance costs in the fourth-quarter 2011. Financial Update At the end of fiscal 2011, the company held cash & cash equivalents worth $2,110 million versus $1,670 million at fiscal-end 2010. Long-term debt increased to $17,730 million from $16,959 million at fiscal-end 2010. During fiscal 2011, the company generated $3,672 million from operating activities versus $4,511 generated at fiscal-end 2010. Guidance Duke Energy affirmed its 2012 adjusted diluted EPS guidance range of $1.40 - $1.45. This range does not contemplate the effects of the proposed Progress Energy merger. Duke Energy remains well-positioned to achieve its long-term adjusted diluted EPS compound annual growth rate of 4% - 6% from its 2009 base. Our Take Duke Energy Corporation's U.S.electricity and gas operations generate a relatively stable and growing earnings stream. Looking ahead, the company's outlook is supported by its ongoing merger proceedings with Progress Energy. In addition, its strong balance sheet and ongoing capital expansion projects add visibility to the story. However, valuation continues to be restrained by a number of factors, including the present unfavorable macro backdrop, predominantly fossil-fuel based generation assets, tepid demand for electricity, foreign currency exchange volatility and pending regulatory cases. The company presently retains a short-term Zacks #3 Rank (Hold). We have a long-term Neutral recommendation on the stock. Based in Charlotte, North Carolina, Duke Energy is a diversified energy company with a portfolio of domestic and international, natural gas and electric, regulated and unregulated businesses. These businesses supply, deliver, and process energy for customers in North America and selected international markets. DUKE ENERGY CP ( DUK ): Free Stock Analysis Report EXELON CORP ( EXC ): Free Stock Analysis Report PROGRESS ENERGY ( PGN ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-02-17,18.9165,18.939,18.7133,18.7231,"Weak Numbers From Constellation Energy - Analyst Blog Before the bell today, Constellation Energy Group Inc. ( CEG ) reported its fourth quarter and fiscal 2011 results. Adjusted earnings per share came in at 5 cents, way below the Zacks Consensus Estimate of 63 cents. Quarterly earnings were also lower than the year-ago earnings of 42 cents per share. On a reported basis, including one-time items, loss per share came in at $2.91 versus earnings of 79 cents per share in the year-ago quarter. Fiscal 2011 adjusted earnings came in at $2.12 per share, falling short of the Zacks Consensus Estimate of $2.94. The reported figure was below the fiscal 2010 earnings of $3.06 per share. On a reported basis, however, the company digested a loss of $1.70 per share for fiscal 2011 versus a wider loss of $4.90 per share in fiscal 2010. Operational Results Constellation Energy's quarterly revenues of $2,952.8 million fell way behind the Zacks Consensus Estimate of $5,915.0 million. Revenues were also lower when compared with $3,474.6 million in the year-ago quarter. Non-regulated revenues rose from $391.2 million to $2,299.5 million; regulated electric revenues decreased $88.3 million to $485.1 million; while regulated gas revenues shrunk $42.3 million to $168.2 million. Fiscal 2011 revenue was $13,758.2 million versus the Zacks Consensus Estimate of $16,480 million. Full year revenue also came below $14,340 million generated a year ago. Fiscal 2011 Segmental Results Baltimore Gas and Electric Company (BGE), overseeing the company's regulated business, reported adjusted earnings of 69 cents per share in 2011, flat year over year. However, fiscal 2011 earnings include Hurricane Irene restoration costs of 12 cents per share. The Generation segment reported 2011 adjusted earnings of $1.43 per share, down 38 cents from 2010 adjusted results of $1.81 per share. The decrease is primarily the result of lower power prices, increased outage days at CENG and last winter's extreme weather in Texas. These negative variances were partially offset by earnings contribution from new generation assets. The NewEnergy segment reported adjusted earnings of 85 cents per share in 2011, an increase of 8 cents per share compared with 77 cents in 2010. The increase is primarily the result of higher contribution from structured products and the sale of certain upstream assets. Financial Condition Constellation Energy reported $964.5 million of cash and cash equivalents at the end of fiscal 2011, compared with $2,028.5 million at fiscal-end 2010. Long-term debt (net of current portion) increased to $4,456.4 million, compared with $4,054.2 million at fiscal-end 2010. Outlook Baltimore-based Constellation Energy is a supplier of power, natural gas and energy products and services for homes and businesses across continental United States. Earlier, on April 28, 2011, Exelon Corporation ( EXC ) entered into a definite agreement to acquire Constellation Energy, for about $7.9 billion. The exchange ratio agreed upon represents an 18.1% premium to the 30-day average closing stock prices of Exelon and Constellation as of April 27, 2011. Following the completion of the merger, Exelon shareholders will have 78% ownership of the combined company, while the rest will belong to Constellation shareholders. The companies expect to close the merger by early 2012. This merger will create the nation's premier competitive energy products and services supplier in terms of load and customers as well as the biggest competitive power generator with the largest nuclear fleet in the U.S. The consolidated entity will also produce power at much lower costs. The merger will also enable them to jointly work on fuel innovation, increase efficiency and provide better options and rates to customers. The Exelon-Constellation merger has received approval from the Department of Justice, the New York Public Service Commission, the Public Utility Commission of Texas and the shareholders of Exelon and Constellation. Despite obvious positives to be reaped from such a consolidation, the deal came after both the companies showed a dubious track record of failing to acquire or be acquired by other companies. On a few occasions, Exelon has made unsuccessful attempts to clinch acquisitions. The target companies, for instance, were NRG Energy Inc. ( NRG ) in 2008, Public Service Enterprise Group Inc. ( PEG ) in 2004 and Illinois Power Company in 2003. Constellation Energy came close to be acquired twice before both the deals fell through. NextEra Energy Inc. 's ( NEE ) attempt to buy Constellation was thwarted in 2005 by the interference of state officials. Another deal to be acquired by Berkshire Hathaway failed in 2008. In the near term, with the merger pending approval in Maryland, we are maintaining our Zacks #4 Rank (short-term Sell rating) on the Constellation Energy stock. This implies that the stock is expected to perform lower versus the broader U.S. equity market over the next 1-3 months. We are, however, Neutral on Constellation Energy in the long term. CONSTELLATN EGY ( CEG ): Free Stock Analysis Report EXELON CORP ( EXC ): Free Stock Analysis Report NEXTERA ENERGY ( NEE ): Free Stock Analysis Report NRG ENERGY INC ( NRG ): Free Stock Analysis Report PUBLIC SV ENTRP ( PEG ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-02-21,18.769,18.8354,18.5462,18.5549,"Exelon-CEG Progress on Merger - Analyst Blog Constellation Energy ( CEG ) and Exelon Corporation ( EXC ) announced that the Maryland Public Service Commission or MPSC approved their merger. The MPSC's order adds new conditions, but retains many of the terms of the settlement reached in December 2011 by the companies, the State of Maryland, the Maryland Energy Administration, the City of Baltimore and the Baltimore Building and Construction Trades Council. Per the agreement, the merger will provide a package of benefits for Maryland, the City of Baltimore and BGE customers totaling more than $1 billion and is expected to create more than 6,000 jobs statewide. Earlier, on April 28, 2011, Exelon entered into a definite agreement to acquire Constellation Energy, for about $7.9 billion. The exchange ratio agreed upon represents an 18.1% premium to the 30-day average closing stock prices of Exelon and Constellation as of April 27, 2011. Following the completion of the merger, Exelon shareholders will have 78% ownership of the combined company, while the rest will belong to Constellation shareholders. The companies expect to close the merger by early 2012. Headquartered in Chicago, Exelon is one of the nation's largest electric utilities with approximately $19 billion in annual revenues. The company has one of the industry's largest portfolios of electricity generation capacity, with a nationwide reach and strong positions in the Midwest and Mid-Atlantic. Exelon distributes electricity to approximately 5.4 million customers in northern Illinois and southeastern Pennsylvania and natural gas to approximately 494,000 customers in the Philadelphia area. This merger will create the nation's premier competitive energy products and services supplier in terms of load and customers as well as the biggest competitive power generator with the largest nuclear fleet in the U.S. The consolidated entity will also produce power at much lower costs. The merger will also enable them to jointly work on fuel innovation, increase efficiency and provide better options and rates to customers. The Exelon-Constellation merger has received approval from the shareholders of Exelon and Constellation. Required regulatory approvals or reviews have been completed by the New York Public Service Commission, the Public Utility Commission of Texas, the Department of Justice, and the Nuclear Regulatory Commission. Despite obvious positives to be reaped from such a consolidation, the deal came after both the companies showed a dubious track record of failing to acquire or be acquired by other companies. On a few occasions, Exelon has made unsuccessful attempts to clinch acquisitions. The target companies, for instance, were NRG Energy Inc. ( NRG ) in 2008, Public Service Enterprise Group Inc. ( PEG ) in 2004 and Illinois Power Company in 2003. Constellation Energy came close to be acquired twice before both the deals fell through. NextEra Energy Inc. 's ( NEE ) attempt to buy Constellation was thwarted in 2005 by the interference of state officials. Another deal to be acquired by Berkshire Hathaway failed in 2008. Constellation Energy is a leading competitive supplier of power, natural gas and energy products and services for homes and businesses across U.S. It owns a diversified fleet of generating units, totaling approximately 12,000 megawatts of generating capacity, and is a leading advocate for clean, environmentally sustainable energy sources, such as solar power and nuclear energy. The company delivers electricity and natural gas through Baltimore Gas and Electric Company, its regulated utility in Central Maryland. In the near term, given the merger pending approval with the Federal Energy Regulatory Commission and weak numbers posted by Constellation Energy in the recently reported fourth quarter of 2011, we are maintaining our Zacks #5 Rank (short-term Strong Sell rating) on the stock. This implies that the stock is expected to perform below par the broader U.S. equity market over the next 1-3 months. We are, however, Neutral on Constellation Energy in the long term. CONSTELLATN EGY ( CEG ): Free Stock Analysis Report EXELON CORP ( EXC ): Free Stock Analysis Report NEXTERA ENERGY ( NEE ): Free Stock Analysis Report NRG ENERGY INC ( NRG ): Free Stock Analysis Report PUBLIC SV ENTRP ( PEG ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-02-22,18.5774,18.7504,18.5149,18.683,"The Zacks Analyst Blog Highlights: Constellation Energy, Exelon, NRG Energy, Public Service Enterprise Group and NextEra Energy - Press Releases For Immediate Release Chicago, IL - February 22, 2012 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Constellation Energy ( CEG ), Exelon Corporation ( EXC ), NRG Energy Inc. ( NRG ), Public Service Enterprise Group Inc. ( PEG ) and NextEra Energy Inc. ( NEE ). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Tuesday's Analyst Blog: Exelon-CEG Progress on Merger Constellation Energy ( CEG ) and Exelon Corporation ( EXC ) announced that the Maryland Public Service Commission or MPSC approved their merger. The MPSC's order adds new conditions, but retains many of the terms of the settlement reached in December 2011 by the companies, the State of Maryland, the Maryland Energy Administration, the City of Baltimore and the Baltimore Building and Construction Trades Council. Per the agreement, the merger will provide a package of benefits for Maryland, the City of Baltimore and BGE customers totaling more than $1 billion and is expected to create more than 6,000 jobs statewide. Earlier, on April 28, 2011, Exelon entered into a definite agreement to acquire Constellation Energy, for about $7.9 billion. The exchange ratio agreed upon represents an 18.1% premium to the 30-day average closing stock prices of Exelon and Constellation as of April 27, 2011. Following the completion of the merger, Exelon shareholders will have 78% ownership of the combined company, while the rest will belong to Constellation shareholders. The companies expect to close the merger by early 2012. Headquartered in Chicago, Exelon is one of the nation's largest electric utilities with approximately $19 billion in annual revenues. The company has one of the industry's largest portfolios of electricity generation capacity, with a nationwide reach and strong positions in the Midwest and Mid-Atlantic. Exelon distributes electricity to approximately 5.4 million customers in northern Illinois and southeastern Pennsylvania and natural gas to approximately 494,000 customers in the Philadelphia area. This merger will create the nation's premier competitive energy products and services supplier in terms of load and customers as well as the biggest competitive power generator with the largest nuclear fleet in the U.S. The consolidated entity will also produce power at much lower costs. The merger will also enable them to jointly work on fuel innovation, increase efficiency and provide better options and rates to customers. The Exelon-Constellation merger has received approval from the shareholders of Exelon and Constellation. Required regulatory approvals or reviews have been completed by the New York Public Service Commission, the Public Utility Commission of Texas, the Department of Justice, and the Nuclear Regulatory Commission. Despite obvious positives to be reaped from such a consolidation, the deal came after both the companies showed a dubious track record of failing to acquire or be acquired by other companies. On a few occasions, Exelon has made unsuccessful attempts to clinch acquisitions. The target companies, for instance, were NRG Energy Inc. ( NRG ) in 2008, Public Service Enterprise Group Inc. ( PEG ) in 2004 and Illinois Power Company in 2003. Constellation Energy came close to be acquired twice before both the deals fell through. NextEra Energy Inc. 's ( NEE ) attempt to buy Constellation was thwarted in 2005 by the interference of state officials. Another deal to be acquired by Berkshire Hathaway failed in 2008. Constellation Energy is a leading competitive supplier of power, natural gas and energy products and services for homes and businesses across U.S. It owns a diversified fleet of generating units, totaling approximately 12,000 megawatts of generating capacity, and is a leading advocate for clean, environmentally sustainable energy sources, such as solar power and nuclear energy. The company delivers electricity and natural gas through Baltimore Gas and Electric Company, its regulated utility in Central Maryland. In the near term, given the merger pending approval with the Federal Energy Regulatory Commission and weak numbers posted by Constellation Energy in the recently reported fourth quarter of 2011, we are maintaining our Zacks #5 Rank (short-term Strong Sell rating) on the stock. This implies that the stock is expected to perform below par the broader U.S. equity market over the next 1-3 months. We are, however, Neutral on Constellation Energy in the long term. Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515 . About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks ""Profit from the Pros"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns instock market datathat would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518 . Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Follow us on Twitter: http://twitter.com/zacksresearch Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com http://www.zacks.com CONSTELLATN EGY ( CEG ): Free Stock Analysis Report EXELON CORP ( EXC ): Free Stock Analysis Report NEXTERA ENERGY ( NEE ): Free Stock Analysis Report NRG ENERGY INC ( NRG ): Free Stock Analysis Report PUBLIC SV ENTRP ( PEG ): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-02-23,18.6761,18.683,18.5462,18.6058,
EXC,2012-02-24,18.6097,18.8109,18.6019,18.7231,
EXC,2012-02-27,18.6868,18.7231,18.6097,18.6674,
EXC,2012-02-28,18.6674,18.7231,18.5237,18.6019,
EXC,2012-02-29,18.6107,18.7298,18.5774,18.6273,
EXC,2012-03-01,18.597,18.6732,18.5012,18.5833,
EXC,2012-03-02,18.5716,18.6097,18.5012,18.5394,
EXC,2012-03-05,18.4954,18.6156,18.4143,18.5883,
EXC,2012-03-06,18.5199,18.5658,18.4036,18.4622,
EXC,2012-03-07,18.467,18.4837,18.3332,18.3538,Crown Castle to replace Constellation in S&P 500 SAN FRANCISCO (MarketWatch) -- Standard & Poor's said late Wednesday that Crown Castle International Corp. will replace Constellation Energy Group Inc. in the S&P 500 Index . The change will occur after Exelon Corp. closes its acquisition of Constellation. Shares of Crown Castle rose 4% to $54.70 in after-hours activity.
EXC,2012-03-08,18.4192,18.4192,18.3273,18.3391,"AIG shares fall, Crown Castle climbs after hours Hot Topic swings to quarterly profit The U.S. government launches an $6 billion offering of stock in the insurer, and the wireless tower operator is set to join a U.S. equity benchmark."
EXC,2012-03-09,18.3869,18.5501,18.2658,18.5501,
EXC,2012-03-12,18.5413,19.0483,18.5413,18.9819,
EXC,2012-03-13,19.0093,19.0191,18.8706,18.8813,"Exelon, CEG Merger: Birth of a Titan - Analyst Blog Exelon Corporation ( EXC ) has completed the proposed merger with Constellation Energy ( CEG ) in a stock-for-stock transaction. The new organization will retain its identity as Exelon Corporation. Headquartered in Chicago, the merged company will trade under the symbol of EXC on the New York Stock Exchange. In April last year, Exelon had entered into an agreement to acquire Constellation Energy, for about $7.9 billion. The shareholders of Constellation will receive 0.930 shares of Exelon common stock in exchange for per share of Constellation common stock. The exchange ratio agreed upon represents an 18.1% premium to the 30-day average closing stock prices of Exelon and Constellation as of April 27, 2011. Post-merger shareholders of Exelon will enjoy 78% ownership of the combined company, while the rest will belong to Constellation shareholders. The merger is expected to boost Exelon's position. The company is well poised to become the nation's leading competitive energy products and services provider in terms of load and customer base and also the biggest competitive power generator. The consolidated entity will also produce power at lower costs. The merger will also enable them to jointly work on fuel innovation, increase efficiency and provide better options and rates to customers. The merged entity is expected to supply approximately 164 terawatt-hours per year to as many as 100,000 businesses and public sector companies and about 1 million residential customers. Despite several positives, we are cautious about the uncertainties surrounding the integration, given Exelon's unsuccessful attempts to acquire companies like NRG Energy Inc. ( NRG ) in 2008, Public Service Enterprise Group Inc. ( PEG ) in 2004 and Illinois Power Company in 2003. In the current scenario, mergers and acquisitions in utilities sector are common phenomena. Recently, AES Corporation ( AES ) acquired DPL in an all-cash transaction. The merger between Duke Energy Corporation ( DUK ) and Progress Energy, Inc. ( PGN ) is also currently in the process. Exelon Corporation currently retains a Zacks #3 Rank, which translates into a short-term Hold rating. Headquartered in Chicago, Exelon is one of the nation's largest electric utilities with approximately $19 billion in annual revenues. The company has one of the industry's largest portfolios of electricity generation, a nationwide reach and enjoys a strong position in the Midwest and Mid-Atlantic. AES CORP ( AES ): Free Stock Analysis Report CONSTELLATN EGY ( CEG ): Free Stock Analysis Report DUKE ENERGY CP ( DUK ): Free Stock Analysis Report EXELON CORP ( EXC ): Free Stock Analysis Report NRG ENERGY INC ( NRG ): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report PROGRESS ENERGY (PGN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-03-14,18.9165,18.9682,18.6204,18.644,"The Zacks Analyst Blog Highlights: Exelon, Constellation Energy, NRG Energy, Public Service Enterprise Group and AES - Press Releases For Immediate Release Chicago, IL - March 14, 2012 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Exelon Corporation ( EXC ), Constellation Energy ( CEG ), NRG Energy Inc. ( NRG ), Public Service Enterprise Group Inc. ( PEG ) and AES Corporation ( AES ). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Tuesday's Analyst Blog: Exelon, CEG Merger: Birth of a Titan Exelon Corporation ( EXC ) has completed the proposed merger with Constellation Energy ( CEG ) in a stock-for-stock transaction. The new organization will retain its identity as Exelon Corporation. Headquartered in Chicago, the merged company will trade under the symbol of EXC on the New York Stock Exchange. In April last year, Exelon had entered into an agreement to acquire Constellation Energy, for about $7.9 billion. The shareholders of Constellation will receive 0.930 shares of Exelon common stock in exchange for per share of Constellation common stock. The exchange ratio agreed upon represents an 18.1% premium to the 30-day average closing stock prices of Exelon and Constellation as of April 27, 2011. Post-merger shareholders of Exelon will enjoy 78% ownership of the combined company, while the rest will belong to Constellation shareholders. The merger is expected to boost Exelon's position. The company is well poised to become the nation's leading competitive energy products and services provider in terms of load and customer base and also the biggest competitive power generator. The consolidated entity will also produce power at lower costs. The merger will also enable them to jointly work on fuel innovation, increase efficiency and provide better options and rates to customers. The merged entity is expected to supply approximately 164 terawatt-hours per year to as many as 100,000 businesses and public sector companies and about 1 million residential customers. Despite several positives, we are cautious about the uncertainties surrounding the integration, given Exelon's unsuccessful attempts to acquire companies like NRG Energy Inc. ( NRG ) in 2008, Public Service Enterprise Group Inc. ( PEG ) in 2004 and Illinois Power Company in 2003. In the current scenario, mergers and acquisitions in utilities sector are common phenomena. Recently, AES Corporation ( AES ) acquired DPL in an all-cash transaction. Exelon Corporation currently retains a Zacks #3 Rank, which translates into a short-term Hold rating. Headquartered in Chicago, Exelon is one of the nation's largest electric utilities with approximately $19 billion in annual revenues. The company has one of the industry's largest portfolios of electricity generation, a nationwide reach and enjoys a strong position in the Midwest and Mid-Atlantic. Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515 . About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks ""Profit from the Pros"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns instock market datathat would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518 . Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Follow us on Twitter: http://twitter.com/zacksresearch Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com http://www.zacks.com AES CORP ( AES ): Free Stock Analysis Report CONSTELLATN EGY ( CEG ): Free Stock Analysis Report EXELON CORP ( EXC ): Free Stock Analysis Report NRG ENERGY INC ( NRG ): Free Stock Analysis Report PUBLIC SV ENTRP ( PEG ): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-03-15,18.6732,18.7181,18.511,18.5716,
EXC,2012-03-16,18.5833,18.597,18.4758,18.5296,
EXC,2012-03-19,18.4954,18.6957,18.4954,18.5833,
EXC,2012-03-20,18.5413,18.6097,18.5012,18.5149,"Motorola Solutions Wins Contract - Analyst Blog Motorola Solutions Inc. ( MSI ), one of the leaders in the lucrative U.S. Public Safety market,received a contract worth $22 million from ComEd, an electric supply company and a part of Exelon Corporation ( EXC ). Motorola Solutions will provide 900 MHz ASTRO 25 digital trunked radio systems, a two-way digital radio transmission system, which offers consistently clear audio service across its footprint. Even if there is any disruption in power supply during heavy storm, the new technology will continue to transmit voice along with important information to ComEd field workers, hence maintaining smooth work-flow. ComEd, like other utility companies, uses backdated 900 MHz land mobile radio frequency. Therefore, implementation of this new technology by Motorola Solutions will help ComEd to cover an extensive area of 11,400 square miles in northern Illinois, including the city of Chicago. Motorola's XTL and XTS series of digital mobile and portable radios and GTR8000 base station radios will provide support to the new technology for gaining efficiency in delivering high quality voice, data and GPS support. Motorola'sbusiness model remains compelling and we believe the company will be able to maintain its current top-line growth going forward, primarily due to the critical nature of the public safety network in the U.S. and massive growth potential in the Middle East. Furthermore, the company has entered into an agreement with Verizon Wireless ( VZ ) to install a standard-based public safety broadband network for mission-critical operations leveraging on the nationwide LTE network of Verizon, which we believe will act as a positive catalyst for the stock going forward. Despite these positive traits, we believe that slowdown in the government expenditures due to budgetary pressures, particularly at the state and local level, may significantly jeopardize the company's overall financials as the company is heavily dependent on Government expenditures. Moreover, the recent decision of Sprint Nextel Corporation ( S ) to gradually phase-out iDEN network may also hurt the company's profitability going forward. We, thus, maintain our long-term Neutral recommendation on Motorola Solutions Inc. Currently, Motorola Solutions Inc. has a Zacks #2 Rank, implying a short-term Buy rating. Motorola Solutions Inc., based in Schaumburg, Illinois, is a leading communications equipment manufacturer, with a strong market position in bar code scanning, wireless infrastructure gear, and government communications. EXELON CORP ( EXC ): Free Stock Analysis Report MOTOROLA SOLUTN ( MSI ): Free Stock Analysis Report SPRINT NEXTEL ( S ): Free Stock Analysis Report VERIZON COMM ( VZ ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-03-21,18.5149,18.5345,18.3957,18.3957,"Zacks Bull and Bear of the Day Highlights: U.S. Bancorp, Loews, Motorola Solutions, Exelon and Verizon Wireless - Press Releases For Immediate Release Chicago, IL - March 21, 2012 - Zacks Equity Research highlights U.S. Bancorp ( USB ) as the Bull of the Day and Loews Corporation ( L ) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Motorola Solutions Inc. ( MSI ), Exelon Corporation ( EXC ) and Verizon Wireless ( VZ ). Full analysis of all these stocks is available at http://at.zacks.com/?id=2678 . Here is a synopsis of all five stocks: Bull of the Day : We are upgrading our recommendation on U.S. Bancorp ( USB ) to Outperform from Neutral based on its solid fundamentals in the midst of a challenging economic environment. The company's fourth-quarter 2011 earnings surpassed the Zacks Consensus Estimate due to growth in revenue and reduced credit costs. Top-line expansion was supported by increases in both net interest income and fee-based revenue. Its diverse revenue stream, improving credit quality and solid capital levels are impressive. Though a low interest rate environment and regulatory issues remain our concerns, we believe that the company's loan growth will be encouraging and it will raise dividend and buyback shares following the stress test results. Bear of the Day : We have downgraded Loews Corporation ( L ) to Underperform from Neutral on the back of weak fourth quarter results. Operating earnings in the fourth quarter lagged the Zacks Consensus Estimate owing to lower investment income from limited partnership, increase in insurance reserves for its payout annuity business, lower earnings at Diamond Offshore and weak performance of equity investments. Results at HighMount remained soft due to lower sales volume stemming from lower drilling activity and lower natural gas prices. CNA has substantial exposure to catastrophe losses. Losses in the fourth quarter totaled $208 million, a substantial deterioration from $113 million a year ago. Our six-month target price of $35.00 per share equates to about 12.1x our 2012 earnings estimate. This price target along with the annual dividend of $0.25 per share implies an expected negative total return of 9.6% over that period. Latest Posts on the Zacks Analyst Blog : Motorola Solutions Wins Contract Motorola Solutions Inc. ( MSI ), one of the leaders in the lucrative U.S. Public Safety market, received a contract worth $22 million from ComEd, an electric supply company and a part of Exelon Corporation ( EXC ). Motorola Solutions will provide 900 MHz ASTRO 25 digital trunked radio systems, a two-way digital radio transmission system, which offers consistently clear audio service across its footprint. Even if there is any disruption in power supply during heavy storm, the new technology will continue to transmit voice along with important information to ComEd field workers, hence maintaining smooth work-flow. ComEd, like other utility companies, uses backdated 900 MHz land mobile radio frequency. Therefore, implementation of this new technology by Motorola Solutions will help ComEd to cover an extensive area of 11,400 square miles in northern Illinois, including the city of Chicago. Motorola's XTL and XTS series of digital mobile and portable radios and GTR8000 base station radios will provide support to the new technology for gaining efficiency in delivering high quality voice, data and GPS support. Motorola's business model remains compelling and we believe the company will be able to maintain its current top-line growth going forward, primarily due to the critical nature of the public safety network in the U.S. and massive growth potential in the Middle East. Furthermore, the company has entered into an agreement with Verizon Wireless ( VZ ) to install a standard-based public safety broadband network for mission-critical operations leveraging on the nationwide LTE network of Verizon, which we believe will act as a positive catalyst for the stock going forward. Despite these positive traits, we believe that slowdown in the government expenditures due to budgetary pressures, particularly at the state and local level, may significantly jeopardize the company's overall financials as the company is heavily dependent on Government expenditures. Currently, Motorola Solutions Inc. has a Zacks #2 Rank, implying a short-term Buy rating. Motorola Solutions Inc., based in Schaumburg, Illinois, is a leading communications equipment manufacturer, with a strong market position in bar code scanning, wireless infrastructure gear, and government communications. Get the full analysis of all these stocks by going to http://at.zacks.com/?id=2649 . About the Bull and Bear of the Day Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months. About the Analyst Blog Updated throughout every trading day, the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets. About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks ""Profit from the Pros"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today by visiting http://at.zacks.com/?id=7158 . About Zacks Zacks.com is a property of Zacks Investment Research , Inc., which was formed in 1978 by Leonard Zacks. As a PhD from MIT Len knew he could find patterns instock market datathat would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank , which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=4582 . Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Follow us on Twitter: http://twitter.com/zacksresearch Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com http://www.zacks.com EXELON CORP ( EXC ): Free Stock Analysis Report LOEWS CORP ( L ): Free Stock Analysis Report MOTOROLA SOLUTN ( MSI ): Free Stock Analysis Report US BANCORP ( USB ): Free Stock Analysis Report VERIZON COMM ( VZ ): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-03-22,18.3821,18.6273,18.3625,18.5921,"5 money moves a prudent speculator is making now Buckingham seeks undervalued, dividend-paying value stocks The popularity of Apple Inc. is propelling growth-stock portfolios and grating on bargain-seeking investors who can’t take a bite of the stock. But that doesn’t rile John Buckingham, editor of the Prudent Speculator investment newsletter, who is focused on five attractive areas of the market."
EXC,2012-03-23,18.597,18.6567,18.511,18.5199,
EXC,2012-03-26,18.5774,18.6224,18.4758,18.5883,"Exelon Unit Gets GSA Contract - Analyst Blog Exelon Corporation's ( EXC ) newly-acquired unit Constellation Energy has entered into a General Services Administration (""GSA"") renewal contract for the supply of 90,000 million megawatt hours (""MWh"") electricity to 17 federal buildings in California for one year. As a result of this contract, Exelon's Constellation federal electricity support division will continue to supply 2.7 million MWh of electricity per year. This division also supplies electricity to several important U.S. government-owned buildings like the Federal Reserve, U.S. Capitol and others. On paper, this merger is accretive in nature and is reflected in Constellation Energy securing the contract within a fortnight of the completion of the deal. We expect this to be a positive indicator for Exelon's future growth. The merger will also enable Exelon to jointly work on fuel innovation, increase efficiency and provide better options and rates to customers. The merged entity is expected to supply approximately 164 terawatt-hours per year to as many as 100,000 businesses and public sector companies and about 1 million residential customers. Overall, Exelon is well poised to become the nation's leading competitive energy products and services provider in terms of load and customer base and also the biggest competitive power generator. The consolidated entity will also produce power at lower costs. Exelon Corporation currently retains a Zacks #3 Rank, which translates into a short-term Hold rating. Headquartered in Chicago, Illinois, Exelon Corporation is one of the nation's largest electric utilities with approximately $19 billion in annual revenues. The company has one of the industry's largest portfolios of electricity generation, a nationwide reach and enjoys a strong position in the Midwest and Mid-Atlantic markets. The company competes with Pike Electric Corporation ( PIKE ). EXELON CORP ( EXC ): Free Stock Analysis Report PIKE ELECTRIC ( PIKE ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-03-27,18.5833,18.7133,18.5658,18.638,
EXC,2012-03-28,18.6058,18.6567,18.4798,18.5237,
EXC,2012-03-29,18.4837,18.6674,18.4533,18.6537,
EXC,2012-03-30,18.6732,18.7054,18.6156,18.6957,
EXC,2012-04-02,18.7435,18.7631,18.6204,18.6957,"PPL Corp. Files for Rate Hike - Analyst Blog Diversified utility PPL Corporation ( PPL ) filed for an increase in the electricity rates with the Pennsylvania Public Utility Commission. The rate hike will enable the company to recover the investment made for the development of electricity supply infrastructure and also recover the high operating costs. If approved, the requested hike will result in an annual revenue growth of $104.6 million or 2.9%. The rate hike will also enable PPL Corporation to continue with its infrastructure development work and customer education. Upon approval from the commission, the hike will be effective January 1, 2013 and increase the average residential bill of the customer by $7 per month. Even if the commission approves the rate hike without any alteration, the new electricity bill for an average consumer in 2013 will be lower than what they have paid in January 2010. Despite a hike in rates, the consistent decline in the generation rate, which accounts for 67% of the electricity bill contributed to the decrease in electric bill from 2010 levels. It is a usual practice of the utility companies to incur expenditures to provide better service to customers. The expenditure ranges from changing the generation units, fitting scrubbers to the units to lower pollution, laying down new transmission lines, cutting down trees to protect the distribution lines, paying increased labor costs and also replacing the aging equipment. We believe these expenditures were essential for the smooth operation of a utility company. PPL has invested around $1 billion in its distribution system in the previous two years. The recovery of a portion of the same will allow the company to continue with its development work, which ultimately results in uninterrupted supply to customers. Based in Allentown, Pennsylvania, PPL Corp. generates and delivers electricity and natural gas to consumers in the United States and United Kingdom. PPL Corp. retains a Zacks #3 Rank, which translates into a short-term Hold rating. The competitors of the company are Exelon Corp. ( EXC ) and FirstEnergy Corp. ( FE ). EXELON CORP ( EXC ): Free Stock Analysis Report FIRSTENERGY CP ( FE ): Free Stock Analysis Report PPL CORP ( PPL ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-04-03,18.6567,18.6761,18.4573,18.5619,
EXC,2012-04-04,18.4573,18.5549,18.4026,18.5413,
EXC,2012-04-05,18.4612,18.4827,18.2727,18.2971,"After Hours Most Active for Apr 5, 2012 : QQQ, FTR, DDD, STD, BAC, EXC, GILD, CSCO, TLEO, MDAS, SYK, MSFT The NASDAQ 100 After Hours Indicator is down -.64 to 2,761.86. The total After hours volume is currently 20,980,646 shares traded. The following are the most active stocks for the after hours session: PowerShares QQQ Trust, Series 1 ( QQQ ) is -0.3959 at $67.31, with 2,890,993 shares traded. This represents a 34.82% increase from its 52 Week Low. Frontier Communications Company ( FTR ) is unchanged at $4.31, with 2,253,473 shares traded. As reported in the last short interest update the days to cover for FTR is 15.535392; this calculation is based on the average trading volume of the stock. 3D Systems Corporation ( DDD ) is unchanged at $24.33, with 1,647,015 shares traded. As reported in the last short interest update the days to cover for DDD is 8.985722; this calculation is based on the average trading volume of the stock. Banco Santander, S.A. ( STD ) is unchanged at $7.04, with 1,505,331 shares traded. STD's current last sale is 75.13% of the target price of $9.37. Bank of America Corporation ( BAC ) is -0.01 at $9.22, with 1,157,631 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2012. The consensus EPS forecast is $0.12. BAC's current last sale is 92.2% of the target price of $10. Exelon Corporation ( EXC ) is -0.11 at $38.26, with 834,550 shares traded. EXC's current last sale is 91.1% of the target price of $42. Gilead Sciences, Inc. ( GILD ) is -0.07 at $47.69, with 689,796 shares traded. As reported by Zacks, the current mean recommendation for GILD is in the ""buy range"". Cisco Systems, Inc. ( CSCO ) is unchanged at $20.22, with 647,042 shares traded. As reported by Zacks, the current mean recommendation for CSCO is in the ""buy range"". Taleo Corporation ( TLEO ) is +0.01 at $45.99, with 629,465 shares traded. TLEO's current last sale is 99.98% of the target price of $46. MedAssets, Inc. ( MDAS ) is unchanged at $13.05, with 610,567 shares traded. MDAS's current last sale is 81.56% of the target price of $16. Stryker Corporation ( SYK ) is -0.07 at $54.96, with 590,017 shares traded. As reported by Zacks, the current mean recommendation for SYK is in the ""buy range"". Microsoft Corporation ( MSFT ) is -0.09 at $31.43, with 509,253 shares traded. As reported by Zacks, the current mean recommendation for MSFT is in the ""buy range"". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-04-09,18.1993,18.2951,18.1886,18.2297,
EXC,2012-04-10,18.2081,18.2472,18.1056,18.1251,
EXC,2012-04-11,18.2033,18.2501,18.1212,18.2033,"NU Closes NSTAR Merger Deal - Analyst Blog Diversified utility company Northeast Utilities ( NU ) has completed the proposed merger with NSTAR in a stock-for-stock transaction. Now, NSTAR will operate as a subsidiary of Northeast Utilities in Massachusetts. The merged company will have two headquarters, one in Boston, Massachusetts and another in Hartford, Connecticut. In October 2010, Northeast Utilities had entered into an agreement to merge with NSTAR. As per the agreement, the shareholders of NSTAR will get 1.312 shares of Northeast Utilities common stock in exchange for each share of NSTAR common stock. The merger brings cost synergies of $780 million over the next 10 years, driven by consolidation of processes and operational improvement. The merged entity will meet the guidelines of Massachusetts and Connecticut's Renewable Portfolio Standard Program. It is planning to embark on green initiatives such as the installation of modern technologies including development of electric vehicle infrastructure, microgrids and other renewable energy generation instruments. This merger creates a win-win situation for both the companies and for consumers. As per the merger-related agreement with the Office of Consumer Counsel and the Connecticut Attorney General, Northeast Utilities' subsidiary, The Connecticut Light and Power Company will provide a one-time credit totaling $25 million to customers and freeze distribution rates until December 1, 2014. Per the merger contract, the board of directors of Northeast Utilities is expected to increase the current quarterly dividend to 34.25 cents from 29.375 cents. If approved, the new quarterly rate will take effect from second quarter of 2012. We view this merger as a positive catalyst for Northeast Utilities' future position. Post-merger, the company is expected to become the nation's leading regulated electricity and natural gas provider with a strong customer base of 3.5 million across three states. The consolidated entity will be able to produce power at lower costs with NSTAR's existing scale, human capital and financial inflows. At the same time, Northeast Utilities can expand its operations in New England and cater to the growing demand for energy in the region. At present, mergers and acquisitions seem to be a common phenomenon in the utilities sector. A few days back, two industry giants Exelon Corporation ( EXC ) and Constellation Energy completed their proposed merger. The merger between Duke Energy Corporation ( DUK ) and Progress Energy, Inc. ( PGN ) is also underway. Headquartered in Hartford, Connecticut and Boston, Massachusetts, Northeast Utilities is engaged in the energy delivery business and serves residential, commercial, and industrial customers. We currently retain a Zacks #3 Rank on Northeast Utilities, which translates into a short-term Hold recommendation. DUKE ENERGY CP ( DUK ): Free Stock Analysis Report EXELON CORP ( EXC ): Free Stock Analysis Report NORTHEAST UTIL ( NU ): Free Stock Analysis Report PROGRESS ENERGY ( PGN ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-04-12,18.2551,18.2551,18.0049,18.0665,
EXC,2012-04-13,18.0665,18.2472,17.8711,17.8759,
EXC,2012-04-16,17.9229,18.1212,17.8808,18.0293,"Exelon’s Price Target Lowered at Jefferies (EXC) Electric power utility operator Exelon Corporation ( EXC ) on Monday caught some negative commentary from analysts at Jefferies & Co. The firm maintained its ""Buy"" rating on EXC but lowered its price target to $42, suggesting a 12% upside to the stock's Friday closing price of $37.60. Jefferies noted that EXC could face challenges from changes in the commodity price for electricity. Exelon shares posted modest gains in early trading Monday. The Bottom Line Shares of Exelon ( EXC ) have a 5.60% dividend yield, based on Friday's closing stock price of $37.49. The stock has technical support in the $34 price area. If the shares can firm up, we see overhead resistance around the $40 price levels. Exelon Corporation ( EXC ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.2 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-04-17,18.1251,18.1769,17.9551,18.1534,
EXC,2012-04-18,18.129,18.129,17.9278,17.9532,
EXC,2012-04-19,17.9414,18.1212,17.8711,17.9326,
EXC,2012-04-20,17.9219,18.0615,17.8975,17.999,
EXC,2012-04-23,17.9375,18.0088,17.9278,17.9716,
EXC,2012-04-24,17.9766,18.1416,17.9766,18.0889,
EXC,2012-04-25,18.129,18.1944,18.0352,18.1944,"Warm Weather Hurts Southern Company - Analyst Blog Electric utility firm Southern Co. ( SO ) reported first quarter 2012 earnings per share ( EPS ) of 42 cents, lagging the Zacks Consensus Estimate of 46 cents and the year-ago period profit of 50 cents. The underperformance reflects the adverse effects of an unusually warm winter. Quarterly revenue, at $3,604 million, was down 10.2% year over year and also came below the Zacks Consensus Estimate of $4,155 million. Near-record mild weather across most of the country curbed electricity demand for heating all winter. This brought about a downward movement in overall electricity sales and usage. Total electricity sales during the first quarter were down 7.3% from the same period last year. Total retail sales fell by 5.1%, reflecting lower demand from residential customers, which deteriorated by 13.7%. Commercial sales registered a year-over-year decline of 3.1%. On a positive note, industrial sales increased 1.9%, providing some respectability to Southern's first quarter results. With approximately a third of the company's total retail sales coming from industrial customers, a rebounding economy significantly affects the fortunes of Southern, as compared to other utilities that are less dependent on the industrial component. Expenses Summary The company's operations and maintenance expense increased 2.4% year over year, the first quarterly rise following three consecutive quarterly declines. Additionally, Southern's total operating expense for the period, at $2,838.0 million, is approximately 10.1% lower than the prior-year level. Outlook Management indicated that it continues to see 'positive indications of economic growth,' especially in Southern's core Southeast market. In the meantime, the company continues to build on its emphasis on exceptional service, industry-leading reliability and prices below the national average. Recommendation & Rating Headquartered in Atlanta, Georgia, Southern Company is the second largest generator of electricity in the nation behind Exelon Corp. ( EXC ), serving both regulated and competitive markets across the Southeastern U.S. It is a holding company for four regulated Southern electric utilities that serve about 4.4 million customers: Georgia Power, Alabama Power, Gulf Power and Mississippi Power. One of the largest and best-managed electric utility holding entities in the U.S., Southern Company dominates the power business across the Southeastern region. With good rate-base growth and constructive regulation, we expect the firm to generate steady earnings and dividend growth in the coming years through its long-term power contracts. However, the challenging economic environment and a return to more normal spending levels may hamper Southern's results in the next few quarters. We are also concerned by the company's high level of Vogtle-related spending, which may result in reduced returns going forward. Consequently, we do not anticipate a significant upside in the near future and expect the stock to perform in line with the broader market, as reflected by our continued long-term Neutral recommendation. For the short-term though (1-3 months), Southern Company currently retains a Zacks #4 Rank (Sell rating). EXELON CORP ( EXC ): Free Stock Analysis Report SOUTHN COMPANY ( SO ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-04-26,18.1993,18.467,18.1319,18.3996,"Entergy Starts Low in 2012 - Analyst Blog Before the bell, Entergy Corporation ( ETR ) reported its first quarter 2012 results. In the reported quarter, the company reported operational EPS of 44 cents, which fell short of the Zacks Consensus Estimate of 54 cents. Earnings also came lower than the year-ago quarter's $1.38. The wide variance of $1.30 per share between operational and reported numbers was due to a non-cash item arising from an asset impairment charge of $1.26 per share in Entergy Wholesale Commodities business. Earnings in the reported quarter were lower than the year-ago period by 94 cents. Of this, Utility segment earnings were 53 cents lower due to higher income tax expense, lower revenue and higher non-fuel operations & maintenance expense. Earnings also fell at Entergy Wholesale Commodities segment by 37 cents primarily due to lower revenue from the nuclear portfolio on lower energy pricing. Parent & Other recorded a higher segmental loss of 4 cents year-over-year due primarily to several individually insignificant items. On a reported basis including one-time items, loss per share came in at 86 cents for the reported quarter, compared with earnings of $1.38 in the year-ago quarter. Operational Results Revenue in the reported quarter fell 6.2% year over year to $2.38 billion, falling short of the Zacks Consensus Estimate of $2.54 billion. Of this Electricity revenue was down 4.3% to $1.78 billion, Natural Gas was down 35.3% to $46.01 million, while Competitive Businesses were down 8.5% to $552.81 million. Entergy overall reported a net loss attributable to the company of $151.7 million versus net income of $248.7 million in the prior-year period. Segment Results Utility In first quarter 2012, Utility's earnings were $62.9 million on an as-reported basis and $68.7 million on an operational basis, compared to $164.3 million on both as-reported and operational bases in first quarter 2011. The year-over-year variance reflects higher income tax expense, lower net revenue and higher non-fuel operations and maintenance expense. Entergy Wholesale Commodities Entergy Wholesale Commodities reported a loss of $168.5 million on an as-reported basis for first quarter 2012, compared to earnings of $122.6 million for first quarter 2011. On an operational basis, Entergy Wholesale Commodities earnings were $55.0 million, in first quarter 2012, compared to $122.6 million in first quarter 2011. Parent & Other Parent & Other reported a loss of $46.1 million on an as-reported basis and $44.6 million on an operational basis for first quarter 2012. This compares to a loss of $38.2 million on both as-reported and operational bases in first quarter 2011. The wider loss was due primarily to several individually insignificant items. Financial Condition Entergy in the reported quarter generated $600.5 million from operating activities compared with $323.1 million in the year-ago period. Cash and cash equivalents at the end of the reported period were $685.0 million versus $694.4 million at fiscal-end 2011. Long-term debt increased to $12.1 billion compared with slightly above $10.0 billion at fiscal-end 2011. Guidance Entergy updated its 2012 earnings guidance range to be $3.55 to $4.35 per share on an as-reported basis and reaffirmed operational guidance range of $4.85 to $5.65 per share. Outlook New Orleans, Louisiana-based Entergy is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity as the second-largest nuclear generator in the United States. Entergy delivers electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi and Texas. The company is the second largest U.S. nuclear power generator after Exelon Corporation ( EXC ). Entergy earlier in December 2011 has entered into a definitive agreement with ITC Holdings Corporation ( ITC ) under which the former will divest its electric transmission business to the latter for gross cash of $1.775 billion. The divested business would be merged with the operations of ITC Holdings. The transaction will require consent from Entergy's retail regulators, the Federal Energy Regulatory Commission and ITC shareholders. The company expects the transaction to complete by 2013. Currently, Entergy's electric transmission business consists of approximately 15,700 miles of interconnected transmission lines at voltages of 69kV and above and associated substations across its utility service territory in the Mid-South. Post-merger, ITC will become one of the largest electricity transmission companies in the U.S. Its area of operations will stretch across from the Great Lakes to the Gulf Coast, with more than 30,000 miles of transmission lines. Per the agreement, Entergy will divest its electric transmission business to a newly formed entity known as Mid South TransCo LLC (""Transco"") which will be distributed to Entergy's shareholders in the form of a tax-free spin-off. Then, under an all-stock Reverse Morris Trust transaction, Transco will merge with and into a newly created merger subsidiary of ITC. Post-merger, Entergy will have an approximately 50.1% stake in ITC in exchange for their shares in TransCo. The balance 49.9% stake of the combined company will be with the existing shareholders of ITC. Entergy plans to utilize most of the cash proceeds from the transaction to redeem the debt at its utility operating companies and at the parent, Entergy. It expects the transaction to meet the criteria for tax-free treatment for U.S. federal income tax purposes. The divestiture will provide more investment alternatives and enhance the credit quality of Entergy and its operating subsidiaries. It will allow the company to invest more in its generation operations. Moreover, the transaction will not affect its retail customers and they will continue to receive the same high quality service as before. In the past, the company spent much effort to create its own independent grid. Currently, it is seeking to integrate its transmission operations into the Midwest Independent System Operator. Entergy retains a short-term Zacks #3 Rank (Hold) rating. We also have a long-term Neutral recommendation on the stock. ENTERGY CORP ( ETR ): Free Stock Analysis Report EXELON CORP ( EXC ): Free Stock Analysis Report ITC HOLDINGS CP ( ITC ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-04-27,18.4514,18.5648,18.4163,18.5549,"After Hours Most Active for Apr 27, 2012 : PFE, LLY, EXC, SO, FE, BX, QQQ, MSFT, YHOO, CSCO, NWSA, ORCL The NASDAQ 100 After Hours Indicator is down -.27 to 2,741.07. The total After hours volume is currently 17,282,418 shares traded. The following are the most active stocks for the after hours session : Pfizer, Inc. ( PFE ) is -0.0601 at $23.02, with 23,766,454 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2012. The consensus EPS forecast is $0.55. PFE is scheduled to provide an earnings report on 5/1/2012, for the fiscal quarter ending Mar2012. The consensus earnings per share forecast is 0.56 per share, which represents a 60 percent increase over the EPS one Year Ago Eli Lilly and Company ( LLY ) is +0.0103 at $41.31, with 6,380,526 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2012. The consensus EPS forecast is $0.73. LLY's current last sale is 108.71% of the target price of $38. Exelon Corporation ( EXC ) is unchanged at $38.92, with 6,261,216 shares traded.EXC is scheduled to provide an earnings report on 5/4/2012, for the fiscal quarter ending Mar2012. The consensus earnings per share forecast is 0.8 per share, which represents a 117 percent increase over the EPS one Year Ago Southern Company (The) ( SO ) is -0.0426 at $45.95, with 4,587,177 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2012. The consensus EPS forecast is $1.13. SO's current last sale is 102.11% of the target price of $45. FirstEnergy Corporation ( FE ) is -0.0133 at $47.00, with 3,318,802 shares traded.FE is scheduled to provide an earnings report on 5/1/2012, for the fiscal quarter ending Mar2012. The consensus earnings per share forecast is 0.83 per share, which represents a 68 percent increase over the EPS one Year Ago The Blackstone Group L.P. ( BX ) is -0.03 at $13.31, with 2,001,295 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2012. The consensus EPS forecast is $0.39. As reported by Zacks, the current mean recommendation for BX is in the ""buy range"". PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.06 at $67.30, with 1,091,332 shares traded. This represents a 34.79% increase from its 52 Week Low. Microsoft Corporation ( MSFT ) is unchanged at $31.98, with 1,029,539 shares traded. Over the last four weeks they have had 15 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2012. The consensus EPS forecast is $0.66. As reported by Zacks, the current mean recommendation for MSFT is in the ""buy range"". Yahoo! Inc. ( YHOO ) is unchanged at $15.57, with 493,704 shares traded. Over the last four weeks they have had 12 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2012. The consensus EPS forecast is $0.2. YHOO's current last sale is 88.97% of the target price of $17.5. Cisco Systems, Inc. ( CSCO ) is unchanged at $19.98, with 457,204 shares traded. CSCO's current last sale is 88.8% of the target price of $22.5. News Corporation ( NWSA ) is unchanged at $19.58, with 309,310 shares traded. As reported by Zacks, the current mean recommendation for NWSA is in the ""buy range"". Oracle Corporation ( ORCL ) is unchanged at $29.24, with 256,301 shares traded. As reported by Zacks, the current mean recommendation for ORCL is in the ""buy range"". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-04-30,18.4954,18.6156,18.4533,18.6019,"[""After Hours Most Active for Apr 30, 2012 : PFE, SVU, LLY, EXC, SO, AEP, INCY, ACAS, ERIC, MSFT, CSCO, INTC The NASDAQ 100 After Hours Indicator is down -.48 to 2,723.2. The total After hours volume is currently 43,880,461 shares traded. The following are the most active stocks for the after hours session : Pfizer, Inc. ( PFE ) is +0.03 at $22.93, with 19,291,259 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2012. The consensus EPS forecast is $0.55. PFE is scheduled to provide an earnings report on 5/1/2012, for the fiscal quarter ending Mar2012. The consensus earnings per share forecast is 0.56 per share, which represents a 60 percent increase over the EPS one Year Ago SuperValu Inc. ( SVU ) is +0.0012 at $5.94, with 18,538,093 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending May 2012. The consensus EPS forecast is $0.38. SVU's current last sale is 81.95% of the target price of $7.25. Eli Lilly and Company ( LLY ) is unchanged at $41.39, with 7,154,357 shares traded. Over the last four weeks they have had 6 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2012. The consensus EPS forecast is $0.74. LLY's current last sale is 108.92% of the target price of $38. Exelon Corporation ( EXC ) is unchanged at $39.01, with 6,819,317 shares traded.EXC is scheduled to provide an earnings report on 5/4/2012, for the fiscal quarter ending Mar2012. The consensus earnings per share forecast is 0.8 per share, which represents a 117 percent increase over the EPS one Year Ago Southern Company (The) ( SO ) is unchanged at $45.94, with 5,064,346 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2012. The consensus EPS forecast is $1.13. SO's current last sale is 99.87% of the target price of $46. American Electric Power Company, Inc. ( AEP ) is unchanged at $38.84, with 4,802,113 shares traded. AEP's current last sale is 92.48% of the target price of $42. Incyte Corporation ( INCY ) is unchanged at $22.66, with 3,355,537 shares traded. As reported in the last short interest update the days to cover for INCY is 17.01397; this calculation is based on the average trading volume of the stock. American Capital, Ltd. ( ACAS ) is -0.0138 at $9.93, with 2,327,727 shares traded.ACAS is scheduled to provide an earnings report on 5/1/2012, for the fiscal quarter ending Mar2012. The consensus earnings per share forecast is 0.19 per share, which represents a 23 percent increase over the EPS one Year Ago Ericsson ( ERIC ) is unchanged at $10.00, with 1,667,760 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2012. The consensus EPS forecast is $0.12. ERIC's current last sale is 95.19% of the target price of $10.5. Microsoft Corporation ( MSFT ) is +0.005 at $32.02, with 1,066,322 shares traded. Over the last four weeks they have had 15 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2012. The consensus EPS forecast is $0.66. As reported by Zacks, the current mean recommendation for MSFT is in the \""buy range\"". Cisco Systems, Inc. ( CSCO ) is -0.005 at $20.15, with 816,675 shares traded. CSCO's current last sale is 89.56% of the target price of $22.5. Intel Corporation ( INTC ) is +0.005 at $28.40, with 675,015 shares traded. Over the last four weeks they have had 11 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2012. The consensus EPS forecast is $0.53. INTC's current last sale is 94.67% of the target price of $30. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Guru Stocks at 52-Week Lows: NTT, ABX, EXC, GG, INFY According to GuruFocus list of 52-week lows , these Guru stocks have reached their 52-week lows. Nippon Tele-Adr ( NTT ) Reached the 52-Week Low of $22.48 The prices of Nippon Tele-Adr ( NTT ) shares have declined to close to the 52-week low of $22.48, which is 15.9% off the 52-week high of $26.3. Nippon Tele-Adr is owned by six Gurus we are tracking. Among them, three have added to their positions during the past quarter. Two reduced their positions. Nippon Telegraph & Telephone provides a variety of telecommunications services, including telephone, telegraph, leased circuits, data communication, terminal equipment sales and other services. Nippon Tele-adr has a market cap of $57.1 billion; its shares were traded at around $22.48 with a P/E ratio of 37.6 and P/S ratio of 0.45. The dividend yield of Nippon Tele-adr stocks is 1.84%. Nippon Tele-adr had an annual average earnings growth of 8.2% over the past five years. John Hussman owns 20,000 shares as of 12/31/2011, which accounts for 0.0081% of the $6.25 billion portfolio of Hussman Economtrics Advisors. David Dreman owns 101,802 shares as of 12/31/2011, which accounts for 0.058% of the $4.42 billion portfolio of Dreman Value Management. Charles Brandes owns 7,531,089 shares as of 12/31/2011, a decrease of 22.03% of from the previous quarter. This position accounts for 1.8% of the $10.87 billion portfolio of Brandes Investment. Barrick Gold Corp. ( ABX ) Reached the 52-Week Low of $40.66 The prices of Barrick Gold Corp. ( ABX ) shares have declined to close to the 52-week low of $40.66, which is 28.2% off the 52-week high of $55.18. Barrick Gold Corp. is owned by 13 Gurus we are tracking. Among them, five have added to their positions during the past quarter. Eight reduced their positions. Barrick Gold Corporation is a international gold producer with low-cost mines in North and South America. Barrick Gold Corp. has a market cap of $39.96 billion; its shares were traded at around $40.66 with a P/E ratio of 8.53 and P/S ratio of 2.79. The dividend yield of Barrick Gold Corp. stocks is 1.5%. Barrick Gold Corp. had an annual average earnings growth of 22.6% over the past 10 years. GuruFocus rated Barrick Gold Corp. the business predictability rank of 5-star. Barrick Gold recently reported its fourth quarter 2011 financial and operational results. Reported net earnings for the fourth quarter were $959 million, compared to $961 million in the prior year period. Adjusted net earnings rose 15% to $1.17 billion from $1.02 billion. Mario Gabelli owns 56,540 shares as of 12/31/2011, which accounts for 0.02% of the $12.57 billion portfolio of GAMCO Investors. David Dreman owns 54,389 shares as of 12/31/2011, which accounts for 0.056% of the $4.42 billion portfolio of Dreman Value Management. John Paulson owns 923,300 shares as of 12/31/2011, which accounts for 0.3% of the $13.88 billion portfolio of Paulson & Co. George Soros sold out his holdings in the quarter that ended on 12/31/2011. Exelon Corp. ( EXC ) Reached the 52-Week Low of $38.88 The prices of Exelon Corp. ( EXC ) shares have declined to close to the 52-week low of $38.88, which is 17.3% off the 52-week high of $45.34. Exelon Corp. is owned by 15 Gurus we are tracking. Among them, four have added to their positions during the past quarter. Fourteen reduced their positions. Exelon Corp. is a utility holding company. Its subsidiaries are engaged principally in the production, purchase, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers and the distribution and sale of natural gas to residential, commercial and industrial customers. Exelon Corp. has a market cap of $32.86 billion; its shares were traded at around $38.88 with a P/E ratio of 9.28 and P/S ratio of 1.71. The dividend yield of Exelon Corp. stocks is 5.44%. Exelon Corp. had an annual average earnings growth of 8.5% over the past 10 years. EXC recently reported its fiscal year ended Dec. 31, 2011 results. For the fourth quarter of 2011, the company announced that fiscal year revenues were $18.9 billion, for the quarter. Diluted earnings per share were $3.75 for the fiscal year. PRIMECAP Management owns 318,000 shares as of 12/31/2011, an increase of 14.76% from the previous quarter. This position accounts for 0.022% of the $62.67 billion portfolio of PRIMECAP Management. John Hussman owns 1,000 shares as of 12/31/2011, a decrease of 98.89% of from the previous quarter. This position accounts for less than 0.01% of the $6.25 billion portfolio of Hussman Economtrics Advisors. David Dreman sold out his holdings in the quarter that ended on 12/31/2011. Goldcorp Inc. ( GG ) Reached the 52-Week Low of $39.11 The prices of Goldcorp Inc. ( GG ) shares have declined to close to the 52-week low of $39.11, which is 30.7% off the 52-week high of $55.84. Goldcorp Inc. is owned by 10 Gurus we are tracking. Among them, eight have added to their positions during the past quarter. Five reduced their positions. Goldcorp is a North American-based gold producer engaged in exploration, extraction, and processing of gold. Goldcorp Inc. has a market cap of $31.35 billion; its shares were traded at around $39.11 with a P/E ratio of 17.76 and P/S ratio of 5.85. The dividend yield of Goldcorp Inc. stocks is 1.39%. Goldcorp Inc. had an annual average earnings growth of 33.8% over the past 10 years. GuruFocus rated Goldcorp Inc. the business predictability rank of 3-star. GG recently reported that adjusted net earnings1 in the quarter increased to $404 million, or $0.50 per share, compared to $392 million, or $0.49 per share, in the first quarter of 2011. Reported net earnings were $479 million compared to $651 million in the first quarter of 2011. Operating cash flows before working capital changes2 were $480 million. Gold production totaled 524,700 ounces at a total cash cost of $251 per ounce. Mario Gabelli owns 8,382 shares as of 12/31/2011, an increase of 60.21% from the previous quarter. This position accounts for 0.003% of the $12.57 billion portfolio of GAMCO Investors. Jean-Marie Eveillard owns 3,787,020 shares as of 12/31/2011, which accounts for 0.74% of the $22.79 billion portfolio of First Eagle Investment Management LLC. John Hussman owns 1,095,000 shares as of 12/31/2011, which accounts for 0.78% of the $6.25 billion portfolio of Hussman Economtrics Advisors. Ken Fisher owns 5,937 shares as of 03/31/2012, which accounts for less than 0.01% of the $37.47 billion portfolio of Fisher Asset Management LLC. Infosys Ltd. ( INFY ) Reached the 52-Week Low of $47.06 The prices of Infosys Ltd. ( INFY ) shares have declined to close to the 52-week low of $47.06, which is 33.1% off the 52-week high of $68.25. Infosys Ltd. is owned by six Gurus we are tracking. Among them, four have added to their positions during the past quarter. Four reduced their positions. Infosys Limited defines, designs and delivers technology-enabled business solutions. Infosys Ltd. has a market cap of $26.78 billion; its shares were traded at around $47.06 with a P/E ratio of 15.62 and P/S ratio of 3.83. The dividend yield of Infosys Ltd. stocks is 1.5%. Infosys Ltd. had an annual average earnings growth of 38.9% over the past 10 years. GuruFocus rated Infosys Ltd. the business predictability rank of 4.5-star.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2012-05-01,18.597,18.7651,18.5335,18.7406,
EXC,2012-05-02,18.6927,18.7699,18.638,18.7298,
EXC,2012-05-03,18.6878,18.769,18.4612,18.509,
EXC,2012-05-04,18.5452,18.7025,18.3498,18.3703,"[""Stable Numbers from Duke Energy - Analyst Blog Duke Energy Corporation ( DUK ) announced first-quarter 2012 adjusted earnings of 38 cents per share, beating the Zacks Consensus Estimate of 36 cents. However, reported quarterly earnings missed the year-ago number by a penny. The company reported GAAP earnings per share of 22 cents versus 38 cents per share in the year-ago period. In the first-quarter 2012, the variance of 16 cents between reported and adjusted earnings was due to the impact of charges as a result of the provisions of a settlement agreement related to regulatory proceedings of the Edwardsport Integrated Gasification Combined Cycle (IGCC) project (20 cents). This was partially offset by a voluntary opportunity plan deferral leading to an addition of 4 cents per share. Operational Update Duke Energy generated total revenue of $3,630 million in the reported quarter, beating the Zacks Consensus Estimate of $3,595 million. However, it was below the year-ago figure of $3,663 million. Segment Update U.S.Franchised Electric and Gas: Earnings before Interest and Taxes (\""EBIT\"") increased to $344 million year over year from $341 million. The results were primarily driven by the implementation of new customer rates in the Carolinas, lower operation and maintenance costs and a favorable revenue true-up following a South Carolina regulatory ruling related to the company's energy efficiency programs. These results were offset by a mild winter and a higher planned depreciation expense. Commercial Power: EBIT was $30 million; far below the year-ago figure of $52 million. The decrease was primarily due to lower earnings from the Midwest coal generation fleet resulting from the new ESP in Ohio, and lower margins and volumes realized by Duke Energy Retail. These results were partially offset by the non-bypassable stability charge and higher results from the Midwest gas-fired generation fleet. Duke Energy International: EBIT during the quarter increased to $142 million year over year from $128 million driven primarily by favorable volumes and pricing in Brazil and National Methanol. This was partially offset by the prior year favorable arbitration award in Peru. Other: This segment primarily includes corporate interest expense not allocated to the business units, results from Duke Energy's captive insurance company and income tax levelization adjustments. Other recognized a first-quarter 2012 adjusted net expense of $10 million, compared to break-even in the first quarter 2011. Financial Update At the end of the reported period, the company held cash & cash equivalents worth $1,071 million versus $2,110 million at fiscal-end 2011. Long-term debt increased to $18,081 million from $17,730 million at fiscal-end 2011. During the reported period, the company generated $872 million from operating activities versus $961 million generated in the year-ago period. Our Take Based in Charlotte, North Carolina, Duke Energy is a diversified energy company with a portfolio of domestic and international, natural gas and electric, regulated and unregulated businesses. These businesses supply, deliver, and process energy for customers in North America and selected international markets. Earlier, in January 2011, Duke Energy announced that it would buy Progress Energy Inc. ( PGN ). The $16.5 billion transaction is expected to be completed by July 2012. Once the transaction gets through, it would create the largest U.S. utility and increase its ability to build new power plants to meet future greenhouse-gas emissions limits. Currently, Chicago-based Exelon Corporation ( EXC ) is the largest U.S. utility. Duke Energy Corporation's U.S.electricity and gas operations generate a relatively stable and growing earnings stream. Looking ahead, the company's outlook is supported by its ongoing merger proceedings with Progress Energy. In addition, its strong balance sheet and ongoing capital expansion projects add visibility to the story. However, valuation continues to be restrained by a number of factors, including the present unfavorable macro backdrop, predominantly fossil-fuel based generation assets, tepid demand for electricity, foreign currency exchange volatility and pending regulatory cases. The company presently retains a short-term Zacks #3 Rank (Hold). We have a long-term Neutral recommendation on the stock. DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PROGRESS ENERGY (PGN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks to watch Friday: Dolby, Dole, Chesapeake Running down some of the corporate headlines that might have escaped investors\u2019 notice."", ""Utilities lead gains on earnings, flight to safety SAN FRANCISCO (MarketWatch) -- The S&P 500 utility sector was making headway Friday, up 0.5% at 180 points, the only sector bucking a broad market selloff following disappointing U.S. Labor Department employment data. Utilities, because of their regulated rates of return and generous dividends, are typically a safe haven for investors confronted by weak economic data. In this case, the sector was also benefitting from a batch of solid earnings reports from such power providers as PPL Corp. , Duke Energy Corp. , AES Corp. and Pepco Holdings Inc. , all of which were making modest gains after reporting quartery results before the opening bell.""]"
EXC,2012-05-07,18.3292,18.3655,18.1368,18.2091,
EXC,2012-05-08,18.1573,18.2354,17.999,18.1944,
EXC,2012-05-09,18.1251,18.4368,18.0704,18.2727,
EXC,2012-05-10,18.3655,18.6957,18.3292,18.5648,
EXC,2012-05-11,18.6107,18.8022,18.5648,18.7298,
EXC,2012-05-14,18.6322,18.7963,18.6322,18.6927,"Donald Smith Buys Low P/B Stocks: EXC, WPX, AAV, RSH, VLO Donald Smith measures the valuation of companies with price to book (P/B) ratios. He loves to buy good companies that are sold at historical low P/B ratios. In the first quarter, he bought five new positions that are sold that low P/B ratios. Buying stocks at low P/B ratios was also an original idea of Ben Graham. Donald Smith 's firm found that from 1951 to 2009 stocks in the lowest price-to-tangible book value decile had the highest long-term returns, delivering a 15.4% return versus 10.7% for the S&P 500. Donald Smith buys Exelon Corp, WPX Energy Inc, Xl Group Plc, Adv Oil&Gas Ltd, Radioshack Corp, AbitibiboWater etc during the 3-months ended 03/31/2012, according to the most recent filings of his investment company, Donald Smith & Co. As of 03/31/2012, Donald Smith & Co. owns 94 stocks with a total value of $3.4 billion. These are the details of the buys and sells. New Purchases: EXC , WPX , AAV , RSH , VLO , Added Positions: XL , ABH , ANAT , AYR , GM , Reduced Positions: AUY , IWM , TSO , LPX , MDY , UFS , VOXX , BANR , EPL , ORI , GLT , IMOS , COCO , Sold Out: PNW , SMI , TAST , S , For the details of Donald Smith's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Donald+Smith These are the top 5 holdings of Donald Smith Dillards Inc-A ( DDS ) - 3,626,897 shares, 6.6% of the total portfolio. Shares reduced by 10.25% Ingram Micro ( IM ) - 9,909,259 shares, 5.3% of the total portfolio. Shares added by 1.02% Micron Tech ( MU ) - 22,055,146 shares, 5.2% of the total portfolio. Shares reduced by 1.88% Jetblue Airways ( JBLU ) - 29,522,839 shares, 4.2% of the total portfolio. Shares reduced by 1.31% Mi Devlpmnts -A ( MIM ) - 4,059,745 shares, 4.1% of the total portfolio. Shares reduced by 13.62% New Purchase: Exelon Corp ( EXC ) Donald Smith initiated holdings in Exelon Corp. His purchase prices were between $38.46 and $42.07, with an estimated average price of $37.13. The impact to his portfolio due to this purchase was 2.8%. His holdings were 2,475,608 shares as of 03/31/2012. Exelon Corp has a market cap of $33.12 billion; its shares were traded at around $38.91 with a P/E ratio of 10.13 and P/S ratio of 1.73. The dividend yield of Exelon Corp stocks is 5.4%. Exelon Corp had an annual average earnings growth of 8.5% over the past 10 years. New Purchase: WPX Energy Inc ( WPX ) Donald Smith initiated holdings in WPX Energy Inc. His purchase prices were between $14.75 and $19.67, with an estimated average price of $16.61. The impact to his portfolio due to this purchase was 1.7%. His holdings were 3,198,595 shares as of 03/31/2012. WPX Energy, Inc. is a natural gas and oil company focused on the exploitation and development of unconventional properties. WPX Energy Inc has a market cap of $3.46 billion; its shares were traded at around $17.43 with and P/S ratio of 0.87. New Purchase: Adv Oil&gas Ltd ( AAV ) Donald Smith initiated holdings in Adv Oil&gas Ltd. His purchase prices were between $3.31 and $4.38, with an estimated average price of $3.43. The impact to his portfolio due to this purchase was 0.97%. His holdings were 9,935,183 shares as of 03/31/2012. Advantage Oil and Gas Ltd., formerly Advantage Energy Income Fund, is an intermediate oil and natural gas corporation, engaged in the exploration and development of oil and natural gas properties in Alberta and Saskatchewan in Canada. Adv Oil&gas Ltd has a market cap of $518.04 million; its shares were traded at around $3.11 with and P/S ratio of 1.46. New Purchase: RadioShack Corp ( RSH ) Donald Smith initiated holdings in RadioShack Corp. His purchase prices were between $6.22 and $10.96, with an estimated average price of $7.49. The impact to his portfolio due to this purchase was 0.53%. His holdings were 2,950,129 shares as of 03/31/2012. RadioShack Corp has a market cap of $467.82 million; its shares were traded at around $4.72 with a P/E ratio of 9.61 and P/S ratio of 0.11. The dividend yield of RadioShack Corp stocks is 2.65%. New Purchase: Valero Energy ( VLO ) Donald Smith initiated holdings in Valero Energy. His purchase prices were between $19.61 and $28.56, with an estimated average price of $23.29. The impact to his portfolio due to this purchase was 0.41%. His holdings were 552,292 shares as of 03/31/2012. Valero Energy Corporation owns and operates refineries in the United States and Canada with a combined throughput capacity of approximately two million BPD, making it one of the nation's top refiners of petroleum products. Valero Energy has a market cap of $12.51 billion; its shares were traded at around $22.54 with a P/E ratio of 6.42 and P/S ratio of 0.1. The dividend yield of Valero Energy stocks is 2.66%. Valero Energy had an annual average earnings growth of 6.5% over the past 10 years. Sold Out: Pinnacle West ( PNW ) Donald Smith sold out his holdings in Pinnacle West. His sale prices were between $46.39 and $48.53, with an estimated average price of $44.6. Pinnacle West Capital is engaged, through its subsidiaries, in the generation, transmission, and distribution of electricity and selling energy, products and services; in real estate development; and in venture capital investment. Pinnacle West has a market cap of $5.31 billion; its shares were traded at around $48.6 with a P/E ratio of 15.88 and P/S ratio of 1.64. The dividend yield of Pinnacle West stocks is 4.32%. Pinnacle West had an annual average earnings growth of 2.3% over the past 5 years. Sold Out: Semicon Mfg-adr ( SMI ) Donald Smith sold out his holdings in Semicon Mfg-adr. His sale prices were between $2.33 and $2.86, with an estimated average price of $2.41. SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION is one of the semiconductor foundries in the world and the largest and most advanced foundry in Mainland China, providing integrated circuit manufacturing service at 0. Semicon Mfg-adr has a market cap of $1.33 billion; its shares were traded at around $2.42 with and P/S ratio of 1.01. Sold Out: Carrols Restaurant ( TAST ) Donald Smith sold out his holdings in Carrols Restaurant. His sale prices were between $11.02 and $15.42, with an estimated average price of $11.28. CARROLS RESTAURANT GROUP, INC., operating through its subsidiaries, including Carrols Corporation, is one of the largest restaurant companies in the United States. Carrols Restrnt has a market cap of $130.39 million; its shares were traded at around $5.65 with a P/E ratio of 7.41 and P/S ratio of 0.16. Sold Out: Sprint Nextel ( S ) Donald Smith sold out his holdings in Sprint Nextel. His sale prices were between $2.12 and $2.98, with an estimated average price of $2.3. Sprint Nextel offers a comprehensive range of wireless and wireline communications services to consumer, business and government customers. Sprint Nextel has a market cap of $7.46 billion; its shares were traded at around $2.48 with and P/S ratio of 0.22. Here is the complete portfolio of Donald Smith. Also check out the Undervalued Stocks, Top Growth Companies, and High Yield stocks of Donald Smith.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-05-15,18.6537,18.7251,18.5002,18.5335,
EXC,2012-05-16,18.6019,18.7201,18.4475,18.4788,
EXC,2012-05-17,18.5002,18.5774,18.4123,18.4123,
EXC,2012-05-18,18.4123,18.5833,18.2043,18.2453,
EXC,2012-05-21,18.2209,18.2209,17.8076,17.8731,"Why Entergy’s 5% Dividend Yield Beckons: Old Nukes Don’t Die -- They Get Relicensed Merchant power producer Entergy ( ETR ) operates a fleet of nuclear electricity plants second in size only to that of Exelon ( EXC ). Like Exelon, its low-cost nukes allowed it to generate huge profits when energy prices surged several years ago. And both companies' once-fat profits are now coming under heavy pressure as depressed natural gas prices drive electricity prices lower. As investors have cooled on Entergy's prospects, the stock has fallen and the company's formerly darn-nice dividend yield has expanded to a pretty exceptional 5.13%. ETR data by YCharts Most companies' shares don't provide a dividend yield that high unless they're facing troublesome issues. That's certainly true of Entergy, which is not only getting socked by softer industry pricing, but faces regulatory hassles as its aging nuke plants - including such high-profile crown jewels as Indian Point near New York and the Vermont Yankee site in New England -- require relicensing in the next few years. The overhang of those licensing issues is holding down Entergy shares, but wasn't affecting margins until the company recently recorded a hefty accounting write-down of the Vermont Yankee plant. That hit the latest quarter's net. ETR Net Income data by YCharts It comes down to this: if Entergy's nukes get relicensed as officials hope, there's little reason to think the company's finances won't be adequate to at least maintain the current dividend payout. Nobody can tell how that process will play out, of course. But here's something to think about: with coal-fired plants shutting down nationwide in response to a one-two punch from clean-air regulations and competition from cheap gas, some experts are worried U.S. generating capacity could be strained. Those fears may make Entergy's regulatory path a bit easier. If that scenario plays out, the stock will be a plum for income investors. ETR Dividend Yield data by YCharts Of course, all of us yield junkies need to remember that we're not just buying the dividend -- we're also buying the underlying stock. It always makes sense to check out a company's fundamentals, which you can do on YCharts - and to read the 10-K before deciding how to proceed. James P. Miller is an editor for the YCharts Pro Investor Service which includes professional stock charts , stock ratings and portfolio strategies . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-05-22,17.8632,17.9346,17.704,17.8495,
EXC,2012-05-23,17.8447,17.9258,17.6375,17.7255,
EXC,2012-05-24,17.7284,17.8076,17.6043,17.746,
EXC,2012-05-25,17.7098,17.8925,17.7098,17.7694,
EXC,2012-05-29,17.8398,17.8691,17.5848,17.7968,"Xcel Stays Neutral - Analyst Blog We reiterate our Neutral recommendation on Xcel Energy Inc. ( XEL ). The company is a frontrunner in the utility industry providing environmentally friendly efficient energy solutions to its customers in the U.S. The company keeps track of its growth momentum by reinvesting capital in infrastructural assets like transmission lines and electric poles. Besides, it constantly upgrades safety measures at its nuclear plant facilities to avoid unmitigated disasters. The company is also investing in renewable energy sources, especially wind, to diversify its portfolio and meet fresh renewable energy standards. Xcel Energy's financial results are subject to irregular weather patterns that influence the demand for electricity and natural gas. A mild winter in the first quarter 2012 affected the profitability of the company. Moreover, stringent environmental regulations undermine the company's utility operations. Other negatives that will keep the Xcel stock under a tight leash are uncertain outcomes on pending rate cases, commodity price volatility and supply bottlenecks associated with non-fulfillment of contractual obligations from third parties. Xcel Energy Inc. 's operating earnings for the first quarter of 2012 of 41 cents per share were down 0.04 cents from the year-ago quarter. It modestly surpassed the Zacks Consensus Estimate by 0.04 cents per share. The Zacks Consensus Estimates for the second quarter and 2012 are currently pegged at 34 cents and $1.78, respectively. For 2012, the company anticipates earnings to come in at the low end of the $1.75-$1.85 per share range. Xcel Energy currently retains a Zacks #3 Rank which translates into a short-term Hold rating. The company's peers include Exelon Corporation ( EXC ) and American Electric Power ( AEP ). Based in Minneapolis, Minnesota, Xcel Energy is a U.S. electricity and natural gas company, with operations in eight Western and Midwestern states. Along with its subsidiaries, the company is involved in the generation, purchase, transmission, distribution, and sale of electricity in the United States. AMER ELEC PWR (AEP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report XCEL ENERGY INC (XEL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-05-30,17.7284,17.8632,17.574,17.6844,
EXC,2012-05-31,17.7148,17.8878,17.6092,17.8056,
EXC,2012-06-01,17.5994,17.7411,17.4969,17.6717,
EXC,2012-06-04,17.618,17.9453,17.574,17.9453,
EXC,2012-06-05,17.8788,18.046,17.8398,17.9453,
EXC,2012-06-06,18.0391,18.0518,17.8398,18.0343,"Chesapeake up on deal talk, energy stocks jump Energy sector up on 200 point rally in DJIA, but Halliburton dips A triple-digit advance by the Dow Jones Industrial Average ignites gains across the energy sector, while Chesapeake Energy Corp. rises on a report it is in talks to sell its pipeline unit for $4 billion."
EXC,2012-06-07,18.3118,18.7719,18.257,18.7504,"Exelon rises, energy stocks end mixed Power company sees moving beyond “trough” by 2014, but lower natural-gas prices pressure energy stocks."
EXC,2012-06-08,18.6537,18.6878,17.9121,18.0137,"Chesapeake sets $4 bln sale, energy stocks dip Chesapeake holding annual meeting; energy stocks drop Natural gas firm sells $4 billion in pipeline assets just ahead of its annual meeting; Alpha Natural cuts 150 jobs."
EXC,2012-06-11,18.2618,18.2775,17.999,18.0733,
EXC,2012-06-12,18.042,18.1534,17.9843,18.1534,
EXC,2012-06-13,18.129,18.1769,17.9346,17.9923,
EXC,2012-06-14,17.9923,18.2091,17.9599,18.1944,"Exelon Unit Issues $775M Notes - Analyst Blog Exelon Corporation ( EXC ) announced that its subsidiary Exelon Generation Company, LLC will sell $775 million of senior notes in two tranches. The company expects to close the sale of notes by June 18, 2012, and utilize the proceeds for general corporate purposes. The first series consists of $275 million senior notes yielding 4.25% interest per year and maturing on June 15, 2022, while the second series consists of $500 million senior notes yielding 5.60% interest per year and maturing on June 15, 2042. In 2012, Exelon has plans to issue new debts worth $1,325 million and retire debts worth $1,075 million. The $775 million issue is part of that plan and will in turn increase the long-term debt of the company. Outstanding long-term debt was $17.4 billion as of March 31, 2012. Ameren Corporation ( AEE ), an Exelon peer, had long-term debt of $6.7 billion as of March 31, 2012, marginally down from $6.9 billion at the end of the first quarter 2011. The long-term debt-to-equity ratio of Exelon at the end of the first quarter 2012 was 44.5%. The ratio will increase to 45.5% with the issue of new debts. Interest expenses in the first quarter 2012 rose by $14 million year over year to $195 million mainly due to higher debt levels. With the issue of new debts, interest expenses will rise further in the coming quarters. Exelon nevertheless boasts of a strong financial position. The company exited the first quarter of 2012 with cash and cash equivalents of $831 million. Cash provided by operating activities in the first quarter totaled $977 million. The financial strength will allow Exelon to easily meet the enhanced interest burden. Exelon's first quarter earnings of 85 cents per share were ahead of our estimate. The company expects earnings per share in 2012 in the range of $2.55 to $2.85, with Exelon Generation contributing strongly in the range of $1.75 to $1.95 per share. The Zacks Consensus Estimates for second-quarter 2012 and fiscal 2012 are currently at 68 cents per share and $2.89 per share, respectively. Exelon Corporation retains a Zacks #3 Rank (short-term Hold rating). We maintain a longer-term Neutral recommendation on Exelon. Based in Chicago, Illinois, Exelon Corporation, a utility services holding company, engages in the generation, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers. AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-06-15,18.1896,18.2618,17.9923,18.0225,
EXC,2012-06-18,17.9697,18.0557,17.9219,18.0088,
EXC,2012-06-19,18.0831,18.1944,17.9599,18.1153,
EXC,2012-06-20,18.1251,18.1368,17.8251,17.8731,
EXC,2012-06-21,17.9219,18.0039,17.6961,17.7284,
EXC,2012-06-22,17.7627,17.8495,17.6571,17.7694,"Where Do You Go For Yield? - Real Time Insight While the economy is certainly sluggish, it is difficult to argue that the sentiment is as bad now as it was in the dark days of 2008. Yet despite this, the ultimate safe haven- U.S. Treasury bonds-are approaching all time highs in price and record lows in terms of yield. 10 year government debt is now sporting a paltry 1.65% yield while 30 year securities currently have rates around the 2.70% mark, figures that rival 2008 levels and are at least half of what investors saw in these notes a decade ago. Since Bernanke has pledged to drive the longer term rates lower via a continuation of Operation Twist, it seems highly likely that these low levels could be here to stay for quite some time (read 4 Rules of Dividend Investing ). Given this policy, investors have been forced to seek high dividend paying stocks for current income opportunities. Luckily for these income-starved investors, there are a host of securities that have yields above even the 30-year Treasury payout. Not only that, but these stocks offer up the potential to appreciate in value as well, something that is much more difficult to say for Treasury bonds that are trading near all-time highs. However, the space is not without risk as many of the most popular dividend safe havens have had a rough time in the face of the weak economy. Procter & Gamble ( PG ) and Exelon ( EXC ) , for example, both pay out yields above the 30 year treasury rate but have seen their prices fall by, respectively, 9% and 13% in year-to-date terms. Clearly, investing for yield can still be fraught with risk, even when buying ultra-safe companies that operate in 'safe haven' segments of their respective industries. Still, options are limited in the bond market-unless you are willing to tread into the junk space-suggesting that for many investors, income is going to have to come from stocks for the foreseeable future. Unfortunately, each of the main dividend segments has their own issue which could either cut payouts in the future, or at least depress stock prices in the near term (see 11 Great Dividend ETFs ). Big Pharma is facing a patent cliff, while integrated oil is fighting against low oil prices. Additionally, consumer staples are up against a slowdown in demand from emerging markets, while utilities haven't been helped by the tepid economic recovery here in the U.S. So, the question is, given the uncertainty and the low rate environment, where do investors go for yield? Personally, I am intrigued by the MLP segment, American Capital Agency Corp ( AGNC ) , and some high quality names in the international ETF space such as the Global X SuperDividend ETF ( SDIV ) and the EG Shares Low Volatility Emerging Market Dividend ETF ( HILO ) . These securities all have outsized yields and can be more immune to economic shocks thanks to either their diversified holdings, or the stable payouts inherent in their businesses (read Invest Like The One Percent With These Three ETFs ). What about you? What is your favorite dividend stock/fund on the market today? Let us know what you think in the comments below! Author is long EXC AMER CAP AGENCY (AGNC): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report EGS-LO VT EM DV (HILO): ETF Research Reports PROCTER & GAMBL (PG): Free Stock Analysis Report GLBL-X SUPERDIV (SDIV): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-06-25,17.704,17.7694,17.574,17.6131,
EXC,2012-06-26,17.6092,17.6375,17.4636,17.6131,
EXC,2012-06-27,17.6375,17.9923,17.6375,17.9697,"Duke Energy Raises Dividend - Analyst Blog Duke Energy Corporation ( DUK ) raised the quarterly cash dividend on its common stock by 5 cents to 25.5 cents per share. This action increases the annualized dividend from 98 cents to $1.02. The dividend is payable on September 17, 2012 to shareholders of record at the close of business on August 17, 2012. This is the 86th consecutive year that Duke Energy has paid a quarterly cash dividend on its common stock. Earlier, in January 2011, Duke Energy announced that it would buy Progress Energy Inc. ( PGN ). Raleigh, North Carolina-based Progress Energy is a pure-play electricity utility with a solid rate base growth opportunity in the long term. The company engages in regulated electricity operations in the southeastern U.S. and also runs non-regulated businesses. The $16.5 billion transaction is expected to be completed by July 2012. Once the transaction gets through, it would create the largest U.S. utility and increase its ability to build new power plants to meet future greenhouse-gas emissions limits. Currently, Chicago-based Exelon Corporation ( EXC ) is the largest U.S. utility. Duke Energy also announced a 1-for-3 reverse stock split, following the anticipated closing of its merger with Progress Energy, on or about July 1. Duke Energy also said that the dividend will be automatically adjusted to $0.765, if the merger is closed on or prior to the dividend record date. Duke Energy, a Zacks #2 Rank ('Buy') stock, is one of the largest electric power holding companies in the United States. Duke Energy's stable U.S. electricity and gas operations (spread over the five states of North Carolina, South Carolina, Indiana, Ohio and Kentucky) generate a relatively stable and growing earnings stream. Looking ahead, Duke Energy's merger with Progress Energy, Inc. is expected to be a strategic fit and accretive to earnings. The combined entity would provide regulated electricity services to more than 7.1 million customers in 6 states (North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky). The merger is expected to keep the company's long-term goal of 4% 6% earnings growth in good stead. Looking ahead, our bullish outlook for the company is supported by higher rates, its strong balance sheet, ongoing capital expansion projects and an above-average dividend yield for the industry. We have a long-term Neutral recommendation on the Duke Energy stock. DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PROGRESS ENERGY (PGN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-06-28,17.8788,18.0225,17.8154,18.0088,
EXC,2012-06-29,18.1896,18.2209,17.9923,18.1153,
EXC,2012-07-02,18.1212,18.2209,18.0557,18.1466,
EXC,2012-07-03,18.129,18.1993,17.9796,18.0137,
EXC,2012-07-05,18.0137,18.0782,17.8975,17.9746,"Duke Energy Acquires Progress Energy - Analyst Blog Duke Energy Corporation ( DUK ) announced that it has acquired Progress Energy Inc., effective July 2, 2012. North Carolina-based Progress Energy was a pure-play electricity utility. The company engaged in regulated electricity operations in the southeastern U.S. The new company would be known as Duke Energy with headquarters in Charlotte, and substantial operations in Raleigh, North Carolina. Duke Energy would trade on the New York Stock Exchange under the symbol ""DUK"". Pursuant to the merger deal, Progress Energy has become a wholly owned direct unit of Duke Energy. When the merger was announced on January 10, 2011, the transaction value totaled $26 billion, including Progress Energy's debt. Currently based on Duke Energy's share price and including Progress Energy's debt, the transaction is valued at about $32 billion. The transaction makes Duke Energy the largest U.S. utility and increases its ability to build new power plants to meet future greenhouse-gas emissions limits. Earlier, Chicago-based Exelon Corporation ( EXC ) was the largest U.S. utility. In addition, Duke Energy announced that the newly constituted board has named Mr. Jim Rogers as president and chief executive of the combined company. Also, Rogers would maintain his responsibilities as chairman of the company's board. Mr. Bill Johnson has resigned as president and chief executive of the combined company. On a standalone basis, Duke Energy had an adjusted earnings per share guidance range of $1.40 - $1.45 for 2012. Under the terms of the merger agreement, each share of Progress Energy common stock has been converted into the right to receive 0.87083 shares of Duke Energy common stock. Due to the effect of the 1-for-3 reverse stock split, which was completed related to this merger transaction, this guidance range is the equivalent of $4.20 - $4.35 per share. The combined company continues to target 2012 adjusted earnings per share range of $4.20 - $4.35. The reverse stock split is designed to reduce the number of outstanding Duke Energy shares. The new entity has nearly $49 billion in market capitalization, total assets of more than $100 billion, and 7.1 million electric customers in the Carolinas, Florida, Indiana, Kentucky and Ohio. The regulated utilities would include a higher proportion of Duke Energy's post-merger business mix. Duke Energy's major commercial operations include Duke Energy International, which operates power plants in Central and South America; Duke Energy Renewables, which develops and owns wind and solar projects in the U.S.; and Duke Energy's Midwest generation and Duke Energy Retail, which generate, market and sell electricity in the Midwest. The merger is expected to keep the company's long-term goal of 4% 6% earnings growth in good stead. Looking ahead, our bullish outlook for the company is supported by higher rates, its strong balance sheet, ongoing capital expansion projects and an above-average dividend yield for the industry. Duke Energy, a Zacks #2 Rank ('Buy') stock, is one of the largest electric power holding companies in the United States. We have a long-term Neutral recommendation on the Duke Energy stock. DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-07-06,17.8975,17.9873,17.8301,17.9843,
EXC,2012-07-09,17.9551,17.999,17.8349,17.9022,
EXC,2012-07-10,17.9453,18.042,17.8584,17.8878,
EXC,2012-07-11,17.8975,18.129,17.8925,18.1007,
EXC,2012-07-12,18.042,18.1104,17.999,18.0782,
EXC,2012-07-13,18.0733,18.5883,18.0665,18.5452,
EXC,2012-07-16,18.5394,18.6224,18.4475,18.5237,
EXC,2012-07-17,18.5394,18.6567,18.4026,18.639,"Ameren's Progress on Rate Front - Analyst Blog Ameren Missouri, a utility company of Ameren Corporation ( AEE ), announced that the Missouri Public Service Commission (""MPSC"") will hold public meetings starting July 26 through August 23 on its proposed rate hike. Earlier, in February 2012, the company had filed for an electric rate increase of $376 million with the MPSC to recover the costs incurred in infrastructure investment, to recover increase in net fuel costs due to fuel price increase and get reimbursement for the costs incurred for the energy efficiency programs. The company expects to hear a final decision from the MPSC by December 2012. Ameren's request for a rate increase of $376 million mainly comprises approximately $85 million for the investments made primarily to improve the reliability of its aging infrastructure and to abide by environmental and renewable energy regulations, and about $103 million for higher net fuel costs incurred for running power plants. Higher costs for the company's recently proposed energy efficiency programs account for approximately $81 million of the request. The rest is for the additional cost increases incurred by the company, including those to meet renewable energy requirements, material costs and employee benefits. The rate increase request is based on a 10.75% return on equity, a capital structure composed of 52% common equity, an aggregate electric rate base of $6.8 billion, and a test year that ended September 30, 2011. The company believes that if the rate increase is approved, assuming 1,100 kilowatt-hours of usage per month, the average residential electric bill would increase by about 46 cents a day. Currently, Ameren Missouri has the lowest electric rate in comparison to any investor-owned utility in Missouri, which is approximately 25% below the national average rate. Ameren Missouri aims to provide safe, affordable and environmentally responsible energy to its customers. Therefore, in order to accomplish its aim, the company has made significant investments in its energy infrastructure and has focused on energy efficiency programs. In fact, the rate increase request is due to these heavy spending made by the company. The company has been making significant infrastructure investments. These investments include costs associated with the Ameren Missouri Maryland Heights Renewable Energy Center which will be the largest landfill gas-electric facility in Missouri. To generate clean, renewable electricity, the Center will utilize methane gas from decaying trash and meet the energy needs of about 10,000 homes. Also, under the Missouri Energy Efficiency Investment Act, the utility has focused on energy efficiency programs which will provide approximately $500 million in total customer benefits over the next 20 years. The company's proposal includes investments of approximately $145 million over three years, beginning January 1, 2013. Overall, the company expects these programs to provide annual energy savings of approximately 800 million kilowatt-hours. This is equal to the annual energy consumption of more than 60,000 average Missouri homes. In order to continue to meet customers' expectations, the company is looking for reimbursement for more than $700 million of investments which are not currently included in rates. The utility is optimistic that under the regulatory framework, these investments will be recovered in rates over the service life of the investments. Meanwhile, to compensate the customers, the company is taking several steps to manage its costs in a disciplined fashion. It has reduced its combined non-fuel related operating and capital expenditures. In late 2011, the company made job cuts and reduced approximately 340 employees through a voluntary separation program. Moreover, the company has budget billing and supports energy assistance programs for those customers who are least able to pay their bills. Nearly all these costs are excluded from customers' rates. Ameren Corporation has a solid base of stable utility operations in the Midwestern market. We believe its key growth drivers include cost minimization and its strong balance sheet. However, we are concerned about its predominantly coal-based generation assets and pending regulatory cases. The company presently retains a short-term Zacks #3 Rank (Hold) that corresponds with our long-term Neutral recommendation on the stock. The company mainly competes with CenterPoint Energy, Inc. ( CNP ) and Exelon Corporation ( EXC ). AMEREN CORP (AEE): Free Stock Analysis Report CENTERPOINT EGY (CNP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-07-18,18.5774,18.7251,18.5002,18.6957,"Entergy Expects Strong Q2 - Analyst Blog Integrated energy company, Entergy Corporation ( ETR ) provided second-quarter 2012 preliminary as-reported earnings expectation of approximately $2.05 per share and operational earnings expectation of approximately $2.10 per share. Results for second quarter 2011 were $1.76 per share on both an as-reported basis and an operational basis. The increase in second quarter 2012 earnings was driven by higher earnings at Utility and Entergy Wholesale Commodities, which was partially offset by lower results at the Parent & Other segment. The special item in the second quarter of 2012 was due to expenses associated with the proposed spin-off and merger of Entergy's electric transmission business with ITC Holdings Corporation ( ITC ). Entergy had earlier, in December 2011, entered into a definitive agreement with ITC Holdings under which the former will divest its electric transmission business to the latter for gross cash of $1.775 billion. The divested business would be merged with the operations of ITC Holdings. The company expects the transaction to complete by 2013. Entergy also reaffirmed its previously issued operational earnings guidance for 2012. Entergy is slated to release its second-quarter 2012 numbers on July 31, 2012. Segment Details Utility The quarter-over-quarter increase in Utility's operational earnings was driven by an agreement reached with the Internal Revenue Service regarding storm cost financings in Louisiana. The resolution of this item resulted in a significant decrease in income tax expense. The benefits will be shared with customers of Entergy Gulf States Louisiana, L.L.C. and Entergy Louisiana, LLC. However, this was partially offset by a regulatory charge reducing Utility net revenue to reflect this customer sharing. Excluding this regulatory charge, Utility net revenue was modestly better year over year. Retail sales volume in the second quarter of 2012 reflected warmer-than-normal weather as well as weather-adjusted sales growth across all customer classes. However, the weather effect variance was unfavorable when compared to the well above-normal temperatures experienced throughout the service territory in the second quarter of 2011. Higher non-fuel operation and maintenance expense served as a partial offset to the increased operational earnings. Entergy Wholesale Commodities (EWC) The quarter-over-quarter increase in earnings at Entergy Wholesale Commodities was due primarily to lower decommissioning expense and a lower effective income tax rate. A reduction in the decommissioning liability recorded in the current period was due primarily to an updated decommissioning study for the Pilgrim Nuclear Power Station, which received its 20-year license renewal from the Nuclear Regulatory Commission in late May. These positive items were partially offset by a decrease in EWC net revenue driven by lower pricing associated with the nuclear fleet. Also, providing a partial offset in quarterly results was an increase in non-fuel operation and maintenance expense. Parent & Other At the Parent & Other segment, operational results declined during the quarter due to an increase in income tax expense on Parent & Other activities. Both periods reflected favorable tax items. Second quarter of 2012 benefited from a favorable decision received in June 2012 from the U.S. Court of Appeals for the Fifth Circuit affirming Entergy's entitlement to claim foreign tax credits for the U.K. Windfall Tax. The second quarter of 2011 benefited from a reversal of a tax reserve related to an IRS settlement, which exceeded income tax adjustments recorded in the current period. Earnings Guidance Entergy reaffirmed its previously issued 2012 operational earnings guidance in the range of $4.85 to $5.65 per share. Entergy also updated its as-reported earnings guidance for 2012 to a range of $3.49 to $4.29 per share. Special items recorded year-to-date total approximately $(1.36) per share to reflect the first quarter 2012 asset impairment of the Vermont Yankee nuclear power plant and the transmission business spin-off and merger expenses in the first two quarters of the year. New Orleans, Louisiana based Entergy is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear generator in the United States. Entergy delivers electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi and Texas. The company is the second largest U.S. nuclear power generator after Exelon Corporation ( EXC ). Entergy retains a short-term Zacks #3 Rank (Hold) rating. We also have a long-term Neutral recommendation on the stock. ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ITC HOLDINGS CP (ITC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-07-19,18.683,18.8461,18.5501,18.8188,
EXC,2012-07-20,18.7817,18.9155,18.7104,18.894,
EXC,2012-07-23,18.8276,18.9272,18.7768,18.894,
EXC,2012-07-24,18.8843,18.9175,18.6322,18.7151,"Exelon Kept at Neutral - Analyst Blog We reiterate our Neutral recommendation on Exelon Corporation ( EXC ) considering its pending rate cases, erratic weather patterns in its service territories, and depressed margins at its generation fleet. But, these are expected to be offset by the company's strong balance sheet, solid regulated utility operations, a high-return merchant energy segment and steady utility investments in its well-managed nuclear generating fleet. There are several factors which are expected to obstruct Exelon's financial and operational growth. We know that the company's generation and energy delivery businesses are highly regulated. Fundamental changes in rules and regulations can disrupt Exelon's business plans and adversely affect its operations and financial results. On a positive note, Exelon recently completed its merger with Constellation Energy. We believe this merger will boost the company's position in terms of load capacity and customer base. This merger will also enable Exelon to work on fuel innovation and increase operational efficiency. These initiatives will subsequently lower the power production costs of the company. In addition, Exelon continues with its investments to upgrade the plants, which will subsequently enable the company to produce additional 420 million watts of carbon-free power in the next five years. In the future, additional production will benefit the company in terms of increasing its market share. On the flip side, weather patterns and the related impact on electricity and gas usage may affect Exelon's operational results. Moderate temperatures in the summer and winter seasons adversely impact the use of energy and the company's numbers. Additionally, Exelon is affected by extreme weather conditions, such as hurricanes and storms, in its service territories and other parts of the U.S. The Zacks Consensus Estimate for Exelon's second quarter and full year 2012 earnings are currently pegged at 64 cents per share and $2.78 per share, respectively. Exelon Corporation currently retains a Zacks #3 Rank, which translates into a short-term Hold rating. Chicago, Illinois-based Exelon Corporation is a utility services holding company. It engages in the generation, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers. The company competes with Ameren Corporation ( AEE ). AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-07-25,18.7885,18.8843,18.5189,18.5394,"A Narrow Beat for Southern Company - Analyst Blog Electric utility firm Southern Company ( SO ) reported marginally better-than-expected second quarter 2012 earnings on the back of solid industrial demand and lower costs. The company reported earnings per share (excluding the impact of an insurance claim) of 69 cents, a penny ahead of the Zacks Consensus Estimate. However, the Atlanta, Georgia-based power supplier's per share profits came slightly lower than the second quarter 2011 level of 71 cents amid a drop in the demand for electricity in mild spring weather. Quarterly revenue at $4,181 million was down 7.5% year over year, below the Zacks Consensus Estimate of $4,745 million. Near-normal weather across most of the country curbed electricity demand for air conditioning. This brought about a downward movement in overall electricity sales and usage. Total electricity sales during the second quarter were down 3.0% from the same period last year. Total retail sales fell by 1.9%, reflecting lower demand from residential customers, which deteriorated by 4.3%. Commercial sales registered a year-over-year decline of 1.4%. In an encouraging sign though, Industrial sales remained essentially flat. With approximately a third of the company's total retail sales coming from industrial customers, direction of the economy significantly affects the fortunes of Southern, as compared to other utilities that are less dependent on the industrial component. Expenses Summary The company's operations and maintenance expense increased 3.7% year over year, the second consecutive quarterly rise following three successive declines. However, Southern's total operating expense for the period, at $3,038.0 million, was approximately 10.3% lower than the prior-year level. Outlook Management indicated that it continues to see positive indications of economic growth, especially in Southern's core Southeast market. The company remains particularly upbeat about the addition of 20,000 new residential customers in the first six months of 2012, which exceeded its projections for the entire year. Rating & Recommendation Even though Southern Company has a Zacks #2 Rank (Buy rating) in the short run, we are Neutral on the shares in the longer term. Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corporation ( EXC ) and Duke Energy Corporation ( DUK ) - serves both regulated and competitive markets across the Southeastern U.S. It is a holding company for four regulated Southern electric utilities that serve about 4.4 million customers: Georgia Power, Alabama Power, Gulf Power and Mississippi Power. One of the largest and best-managed electric utility holding entities in the U.S., Southern Company dominates the power business across the southeastern region. With a good rate base growth and constructive regulation, we expect the firm to generate steady earnings and dividend growth in the coming years through its long-term power contracts. However, the challenging economic environment and increased spending levels to ensure regulatory compliance may hamper Southern Company's results in the next few quarters. We are also concerned by its high level of Vogtle-related spending, which may result in reduced returns going forward. Consequently, we do not anticipate a significant upside in the near future and expect the stock to perform in line with the broader market. DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHN COMPANY (SO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-07-26,18.6567,18.8237,18.6567,18.769,
EXC,2012-07-27,18.8383,18.9907,18.769,18.9565,
EXC,2012-07-30,18.9565,19.106,18.8422,19.0142,
EXC,2012-07-31,19.1715,19.1715,18.8383,18.8383,"[""Earnings Preview: Exelon Corp. - Analyst Blog Exelon Corporation ( EXC ), an electric utility company, is scheduled to report its second quarter 2012 financial results before the opening bell on August 1, 2012. First Quarter Snapshot Exelon Corporation reported first quarter 2012 operating earnings of 85 cents per share, down from $1.17 per share reported in the year-ago quarter. Quarterly earnings surpassed the Zacks Consensus Estimate by 4 cents. In the first quarter of 2012, Exelon's total operating revenue was $4.7 billion, down 2.5% year over year. Reported quarterly revenue fell short of the Zacks Consensus Estimate of $6.3 billion. Zacks Consensus The Zacks Consensus Estimate for second quarter 2012 is 63 cents per share, lower than $1.05 recorded in the prior-year quarter. Currently, the Zacks Consensus Estimate for the company's earnings ranges between 57 cents and 68 cents a share. For full year 2012, the Zacks Consensus Estimate stands at $2.76 per share, lower than its full year 2011 earnings of $4.16 per share. The current Zacks Consensus Estimate for full-year earnings ranges between $2.58 and $3.05 per share. Estimate Revisions Trend Agreement We have observed a few estimate revisions at this point. Of the 11 estimates for the second quarter, 2 were revised upward while 3 moved in the opposite direction in the last 30 days. There was no movement in estimates in the last 7 days. For full-year 2012, out of the 15 estimates, 1 was revised upward while 2 were lowered in the last 30 days. In the last 7 days, estimates remained unchanged. Some of the analysts believe that pending rate cases, erratic weather patterns in Exelon's service areas and depressed margins at the company's generation fleet may negatively impact the financial performance of the company in the second quarter and full-year 2012. Magnitude The Zacks Consensus Estimate for the upcoming quarter inched down by 2 cents over the last 30 days. In the last 7 days, the Zacks Consensus Estimate for second quarter earnings remained unchanged. For full year 2012, the Zacks Consensus Estimate remained unchanged over both the last 7 and 30 days. Surprise History With respect to earnings surprises, Exelon has reported favorable earnings performance in the previous quarter as well as in the second and third quarters of 2011, surpassing the corresponding Zacks Consensus Estimates. The fourth quarter 2011 earnings miss was, however, an exception. The earnings surprise in the last four quarter ranges from (6.8%) to 8.3%. The average surprise over the last four quarters remained a positive 2.3%. Our Recommendation Exelon recently completed its proposed merger with Constellation Energy. We expect this merger will improve Exelon's position in terms of customer base and load capacity. This merger will also enable Exelon to work on operational efficiency upgrade and fuel innovation, which will subsequently help the company to lower its power production costs. In addition, Exelon continues with its plants upgrade program, which is expected to produce additional 420 million watts of carbon-free power in the next five years. We believe this additional power generation will benefit the company in terms of increasing its market share in the future. But we are skeptical about highly regulated utility generation and delivery environment in Exelon's operating territories and unpredictable weather patterns, which may negatively impact the company's future performance. Currently, we are maintaining a long-term Neutral recommendation on Exelon Corporation. The company retains a Zacks #3 Rank, which translates into a short-term Hold rating. Chicago, Illinois-based Exelon Corporation is a utility services holding company. It engages in the generation, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers. The company competes with Ameren Corporation ( AEE ). AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Entergy Tops EPS, Misses Revenue - Analyst Blog Before the bell, Entergy Corporation ( ETR ) reported its second quarter 2012 results. In the reported quarter, the company posted operational earnings per share (\""EPS\"") of $2.11, which comfortably beat the Zacks Consensus Estimate of $1.70. Earnings also came in higher than the year-ago quarter's $1.76. On a reported basis, including one-time items, earnings per share came in at $2.06 for the reported quarter, compared with earnings of $1.76 per share in the year-ago quarter. Operational Results Revenue in the reported quarter fell 10.2% year over year to $2.5 billion, falling short of the Zacks Consensus Estimate of $2.9 billion. Of this Electricity revenue was down 12.5% to $1.9 billion, Natural Gas was down 17.4% to $23.9 million, while Competitive Businesses was down 0.4% to $560.2 million. Entergy overall reported a net income attributable to the company of $365.0 million versus net income of $315.6 million in the prior-year period. Segment Results Utility In second quarter 2012, Utility earnings were $304.2 million on an as-reported basis and $314.1 million on an operational basis, compared to $248.4 million on both as-reported and operational bases in second quarter 2011. The year-over-year variance reflects a significant decrease in income tax expense which resulted from a June 2012 agreement with the IRS regarding tax treatment for storm cost financings in Louisiana associated with hurricanes Katrina and Rita. This was partially offset by a decrease in net revenue attributable to a regulatory charge. Retail sales volume in second quarter 2012 was 4% higher year-over-year, reflecting strong weather-adjusted sales growth across all customer classes. In the reported quarter, higher non-fuel operation and maintenance expense served as a partial offset to the increased operational earnings. Non-fuel operation and maintenance expense increased due primarily to higher compensation and benefits costs (largely pension) as well as higher fossil-related outage and distribution expenses. Residential sales in second quarter 2012, on a weather-adjusted basis, increased 5.8% compared to second quarter 2011. Commercial and governmental sales, on a weather-adjusted basis, increased 4.2% quarter over quarter. Industrial sales in the second quarter increased 2.6% compared to the same quarter of 2011. Retail sales growth on a weather-adjusted basis was 4.0% for the quarter. Entergy Wholesale Commodities Entergy Wholesale Commodities' as-reported and operational earnings were $81.3 million for the second quarter 2012, compared with $64.9 million for second quarter 2011. The primary drivers for the increase were lower decommissioning expense and a lower effective income tax rate. The reported quarter saw a reduction in decommissioning liability as well as in decommissioning expense. The lower effective income tax rate was due largely to the absence of a charge in the prior year which resulted from a change in Michigan tax law. However, these were partially offset by lower net revenue and increased non-fuel operation and maintenance expense. Parent & Other Parent & Other reported a loss of $20.5 million on an as-reported basis and loss of $20.9 million on an operational basis for second quarter 2012. This compares to earnings of $2.3 million on both as-reported and operational bases in second quarter 2011. The loss was due primarily to higher income tax expense. Financial Condition Entergy in the reported quarter generated $587.4 million from operating activities compared with $654.1 million in the year-ago period. Cash and cash equivalents at the end of the reported period were $283.4 million versus $694.4 million at year-end 2011. Long-term debt increased to approximately $12.0 billion compared with slightly above $10.0 billion at year-end 2011. Guidance Entergy expects its 2012 as-reported basis earnings per share to be in the range of $3.49 - $4.29. It also reaffirmed operational guidance range of $4.85 to $5.65 per share. Outlook New Orleans, Louisiana-based Entergy is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity and is the second-largest nuclear generator in the United States. Entergy delivers electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi and Texas. The company is the second largest U.S. nuclear power generator after Exelon Corporation ( EXC ). Earlier in December 2011, Entergy entered into a definitive agreement with ITC Holdings Corporation ( ITC ) under which the former will divest its electric transmission business to the latter for gross cash of $1.775 billion. The divested business would be merged with the operations of ITC Holdings. The transaction will require consent from Entergy's retail regulators, the Federal Energy Regulatory Commission and ITC shareholders. The company expects the transaction to complete by 2013. Post-merger, ITC will become one of the largest electricity transmission companies in the U.S. Its area of operations will stretch from the Great Lakes to the Gulf Coast, with more than 30,000 miles of transmission lines. Per the agreement, Entergy will divest its electric transmission business to a newly formed entity known as Mid South TransCo LLC (\""Transco\"") which will be distributed to Entergy's shareholders in the form of a tax-free spin-off. Then, under an all-stock Reverse Morris Trust transaction, Transco will merge with and into a newly created merger subsidiary of ITC. Post-merger, Entergy will have an approximately 50.1% stake in ITC in exchange for their shares in TransCo. The balance 49.9% stake of the combined company will be with the existing shareholders of ITC. Entergy plans to utilize most of the cash proceeds from the transaction to redeem the debt at its utility operating companies and at the parent, Entergy. It expects the transaction to meet the criteria for tax-free treatment for U.S. federal income tax purposes. The divestiture will provide more investment alternatives and enhance the credit quality of Entergy and its operating subsidiaries. It will allow the company to invest more in its generation operations. Moreover, the transaction will not affect its retail customers and they will continue to receive the same high quality service as before. In the past, the company spent much effort to create its own independent grid. Currently, it is seeking to integrate its transmission operations into the Midwest Independent System Operator. We currently have a long-term Neutral recommendation on Entergy. The stock carries a Zacks #2 Rank (Hold rating) in the short run, primarily due to the low-level of current valuation. The stock is now trading at a discount in terms of forward earnings estimates versus its utility peers like The AES Corporation ( AES ) and American Electric Power Company Inc. ( AEP ). AMER ELEC PWR (AEP): Free Stock Analysis Report AES CORP (AES): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ITC HOLDINGS CP (ITC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks to watch Wednesday: Avon, Harley Among the stocks that could see active trade in Wednesday\u2019s session are Avon Products, Exelon and Harley-Davidson.""]"
EXC,2012-08-01,18.9907,19.1384,18.1827,18.4163,
EXC,2012-08-02,18.3595,18.4309,18.1007,18.2775,"[""Ameren Beats EPS, Revenue In-line - Analyst Blog Ameren Corporation ( AEE ) reported stable second quarter 2012 results. During the quarter, pro forma earnings per share were 73 cents, beating the Zacks Consensus Estimate of 60 cents. Pro forma earnings were also higher than the year-ago figure of 59 cents. The increase in year-over-year results reflect increased earnings from regulated utility operations partially offset by decreased earnings from merchant generation operations. During the quarter, GAAP earnings per share were 87 cents compared with earnings per share of 57 cents in the year-ago period. The significant variation of 14 cents per share between GAAP and pro forma earnings was due to the reduction of tax benefit of 18 cents and a 4 cents loss on net unrealized mark-to-market activity. Operational Performance In the reported quarter, net revenues declined 6.8% to $1.7 billion in-line versus the Zacks Consensus Estimate. Revenue from Electric sales was down 6.3% year over year to $1.5 billion, while revenue from Gas declined 12% year over year to $147 million. Segment Performance Ameren Missouri: During the quarter, the segment reported GAAP and pro forma earnings of $143 million, compared to $90 million in the year-ago period. The increase in earnings reflected a favorable Federal Energy Regulatory Commission (FERC) order related to a disputed power purchase agreement; the absence of a charge related to the fuel adjustment clause; and new electric rates. Other factors having a favorable effect on second quarter 2012 earnings included an increase in kilowatthour sales to native load customers due to warmer temperatures, and reduced storm-related costs. The positive effects of the above factors were partially offset by increased depreciation and amortization expense. Ameren Illinois: During the quarter, the segment reported GAAP earnings of $32 million, compared to earnings of $37 million in the year-ago period. Pro forma earnings were $33 million, compared to year-ago earnings of $37 million. The decrease in pro forma earnings in the second quarter of 2012 reflected increased reliability spending, excluding storm-related costs, and higher other taxes. The negative effects of the above factors were partially offset by new natural gas delivery rates effective in January 2012, an increase in kilowatt-hour sales due to warmer temperatures, and lower financing costs. The GAAP earnings comparison was affected by the factors mentioned above and by a $1 million loss from net unrealized mark-to-market activity in the second quarter of 2012. Merchant Generation: The segment digested GAAP losses of $5 million, compared to second quarter 2011 GAAP earnings of $15 million. Pro forma losses for the second quarter of 2012 were $2 million, compared to year-ago earnings of $20 million. The variance in pro forma performance reflected lower market prices for electricity. This negative factor was partially offset by reduced plant maintenance costs and depreciation expenses. The GAAP earnings comparison was affected by the factors mentioned above and by a second quarter 2012 non-cash income tax benefit. Financial Condition At the end of June 30, 2012, Ameren reported cash and cash equivalents of $117 million compared with $378 million in the year-ago period. As of June 30, 2012, long-term debt, net remained flat at $6.7 billion versus year-end 2011. During the first half of 2012, net cash provided by operating activities was $805 million compared with $899 million at the end of the year-ago period. Capital expenditure in the first half of 2012 was $565 million, up from $507 million the comparable year-ago period. Guidance Ameren raised its pro forma earnings guidance range for full-year 2012 to a range of $2.25 - $2.55 per share, compared to the prior range of $2.20 - $2.50 per share. GAAP earnings are now expected to be in the range of $0.70 - $1.00 per share, compared to the prior range of $0.65 - $0.95 per share. Our Take Ameren's stable and regulated electric power operations in the Midwest generate a relatively stable and growing earnings stream. We expect future growth to be driven by improved plant operations, focus on cost management, rate relief and installation of emissions reduction equipment (scrubbers) at its generation plants. However, the company is negatively impacted by the impairment charges related to Ameren Energy Resources Generating Company's Duck Creek Energy Center. Also, its predominantly coal-based generation assets and pending regulatory cases are a matter of concern. The company presently retains a short-term Zacks #3 Rank (Hold) that corresponds with our long-term Neutral recommendation on the stock. This is in-line with Illinois utility Exelon Corporation ( EXC ). St. Louis-based Ameren Corporation is a holding company which engages in the generation and distribution of electricity and natural gas and serves residential, commercial, industrial and wholesale end-markets in Missouri and Illinois. With a generating capacity of 15,900 megawatts, the company, through its subsidiaries, serves 2.4 million electric customers and more than 0.9 million natural gas customers in a 64,000-square-mile area. AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Duke Ups Profit, Misses Revenue - Analyst Blog Duke Energy Corporation ( DUK ) announced second-quarter 2012 adjusted earnings of $1.02 per share, beating both the Zacks Consensus Estimate of 95 cents and the year-ago number of 99 cents. The upsurge came from revised customer rates in the Carolinas and lower storm restoration costs year-over-year. These were partially offset by less favorable weather, higher financing costs, and increased depreciation expense. In the reported quarter, Duke Energy reported GAAP earnings per share of 99 cents versus 98 cents per share in the year-ago period. In the second-quarter 2012, the variance of 3 cents between reported and adjusted earnings was due to merger-related costs and mark-to-market impacts of economic hedges in the Commercial Power segment. The EPS numbers are derived after adjusting the reported and prior-year periods to reflect the one-for-three reverse stock split which was completed immediately prior to closing the merger with Progress Energy on July 2, 2012. In connection with the merger, Progress Energy has become a wholly owned direct subsidiary of Duke Energy. As a result, the Duke Energy's financial results for the second quarter 2012 are on a stand-alone basis and do not include Progress Energy's results. The financial results of Progress Energy will be included in Duke Energy's consolidated results only from the third quarter of 2012. Operational Update Duke Energy generated total revenue of $3,577 million in the reported quarter, falling short of the Zacks Consensus Estimate of $4,355 million. However, it was above the year-ago figure of $3,534 million. Segment Update U.S. Franchised Electric and Gas: Earnings before Interest and Taxes (\""EBIT\"") increased to $337 million year over year from $297 million. The results were primarily driven by the implementation of new customer rates in the Carolinas; lower operation and maintenance costs primarily due to significant prior-year storm restoration costs; and increased pricing and riders. These results were partially offset by higher planned depreciation expense; less favorable weather; and higher financing costs. International Energy: EBIT during the quarter decreased to $105 million year over year from $127 million due primarily to lower pricing in Central America and unfavorable average foreign exchange rates. These results were partially offset by favorable pricing in Brazil as well as higher volumes and pricing in Peru. Commercial Power: EBIT was $32 million compared with the year-ago figure of $30 million. The positive variance was primarily due to a non-bypassable stability charge under the new Electric Security Plan (ESP) in Ohio; recovery of a Lehman Brothers receivable previously written-off; lower operation and maintenance costs and the prior-year impairment of the Vermillion gas-fired plant. These were partially offset by lower margins from the Midwest coal generation fleet resulting from the new ESP in Ohio and lower margins and volumes realized by Duke Energy Retail. Other: This segment primarily includes corporate interest expense not allocated to the business units, results from Duke Energy's captive insurance company and income tax levelization adjustments. Other recognized a second-quarter 2012 adjusted net expense of $18 million, compared with an expense of $15 million in the second quarter 2011. Financial Update At the end of the reported period, the company held cash & cash equivalents worth $1,526 million versus $2,110 million at year-end 2011. Long-term debt decreased to $17,539 million from $17,730 million at year-end 2011. During the first half of 2012, the company generated $2,002 million from operating activities versus $1,717 million generated in the year-ago period. Guidance Duke Energy remains on track to achieve its 2012 adjusted earnings guidance range of $4.20 to $4.35 per share. Our Take The acquisition of Progress Energy at the inception of July 2012 made Duke Energy the largest U.S. utility in terms of market capitalization. Earlier, Chicago-based Exelon Corporation ( EXC ) was the largest U.S. utility. Based in Charlotte, North Carolina, Duke Energy is a diversified energy company with more than $100 billion in total assets. Its regulated utility operations serve approximately 7.1 million electric customers located in six states in the Southeast and Midwest. Its commercial power and international business segments own and operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the U.S. Duke Energy Corporation's U.S. electricity and gas operations generate a relatively stable and growing earnings stream. Looking ahead, the company's outlook is supported by its strong balance sheet and ongoing capital expansion projects which add visibility to the story. However, valuation continues to be restrained by a number of factors, including the present unfavorable macro backdrop, predominantly fossil-fuel based generation assets, tepid demand for electricity, foreign currency exchange volatility and pending regulatory cases. The company presently retains a short-term Zacks #3 Rank (Hold). We have a long-term Neutral recommendation on the stock. DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2012-08-03,18.5139,18.5609,18.3205,18.5237,"After Hours Most Active for Aug 3, 2012 : AVP, DUK, EXC, DHX, CLF, QQQ, BAC, FB, CSCO, MSFT, AMAT, INTC The NASDAQ 100 After Hours Indicator is up .4 to 2,676.4. The total After hours volume is currently 17,027,341 shares traded. The following are the most active stocks for the after hours session : Avon Products, Inc. ( AVP ) is unchanged at $14.89, with 4,136,502 shares traded. AVP's current last sale is 80.49% of the target price of $18.5. Duke Energy Corporation ( DUK ) is unchanged at $68.60, with 2,852,474 shares traded. DUK's current last sale is 99.42% of the target price of $69. Exelon Corporation ( EXC ) is unchanged at $38.47, with 2,740,540 shares traded. EXC's current last sale is 96.18% of the target price of $40. Dice Holdings, Inc. ( DHX ) is +0.01 at $7.92, with 2,410,510 shares traded. As reported in the last short interest update the days to cover for DHX is 13.393161; this calculation is based on the average trading volume of the stock. Cliffs Natural Resources Inc. ( CLF ) is +0.1322 at $42.24, with 2,208,240 shares traded. As reported by Zacks, the current mean recommendation for CLF is in the ""buy range"". PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.07 at $65.67, with 1,914,367 shares traded. This represents a 31.52% increase from its 52 Week Low. Bank of America Corporation ( BAC ) is unchanged at $7.43, with 1,497,412 shares traded. Over the last four weeks they have had 8 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2012. The consensus EPS forecast is $0.13. BAC's current last sale is 78.21% of the target price of $9.5. Facebook, Inc. ( FB ) is +0.06 at $21.15, with 615,400 shares traded. Over the last four weeks they have had 9 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2012. The consensus EPS forecast is $0.08. FB's current last sale is 57.16% of the target price of $37. Cisco Systems, Inc. ( CSCO ) is unchanged at $16.35, with 433,982 shares traded. As reported by Zacks, the current mean recommendation for CSCO is in the ""buy range"". Microsoft Corporation ( MSFT ) is +0.0721 at $29.82, with 328,562 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2012. The consensus EPS forecast is $0.6. As reported by Zacks, the current mean recommendation for MSFT is in the ""buy range"". Applied Materials, Inc. ( AMAT ) is +0.0022 at $11.22, with 284,002 shares traded. AMAT's current last sale is 83.13% of the target price of $13.5. Intel Corporation ( INTC ) is unchanged at $26.23, with 248,498 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2012. The consensus EPS forecast is $0.72. INTC's current last sale is 92.04% of the target price of $28.5. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-08-06,18.5335,18.597,18.3205,18.3254,"AES Corporation Misses Estimate - Analyst Blog The AES Corporation ( AES ) reported second-quarter 2012 adjusted earnings per share (EPS) of 18 cents, missing the Zacks Consensus Estimate of 26 cents and the year-ago figure of 29 cents. The significant year-over-year decline reflects lower plant availability in Chile and the final impact of the July 2011 tariff reset at Eletropaulo in Brazil, which resulted in lower operating income. Moreover, unfavorable movements in foreign exchange rates and a higher effective tax rate also impacted the quarter negatively. However, these negatives were partially offset by the contributions of new businesses in the United States, Bulgaria, and Latin America. On a GAAP basis, the company clocked net earnings per share of 9 cents versus 24 cents per share in the prior-year quarter. The variance of 9 cents between GAAP and adjusted earnings in the reported quarter stems from currency transaction loss and derivative mark-to-market losses of 4 cents each as well as impairment loss of 1 cent. Quarterly Operational Results In the reported quarter, consolidated revenue decreased $243 million year over year to approximately $4,192 million. The figure also fell short of the Zacks Consensus Estimate by $500 million. During the quarter, gross profit decreased by 30.2% year over year to $692 million. General and administrative expenses in the quarter were $74 million, down 23.7% year over year. Financial Condition AES Corp. ended the quarter with cash and cash equivalents of $1,727 million, down from $3,624 million at the end of the second quarter of 2011. Consolidated cash flow from operating activities was down 14.1% year over year to $580 million. The decline resulted from a decrease at its utility businesses in Latin America. However, this decline was partially offset by an increase in contribution from the company's generation businesses in Latin America driven by improved working capital, as well as improved gross margin at Tiete in Brazil. Moreover, new businesses and benefits from the acquisition of DP&L in the United States, which was closed in November 2011, also helped to offset the decline. Total capital expenditures were $498 million, down 5.9% year over year. During the second quarter of 2012, the company has repurchased 20.5 million shares for $252 million. As previously planned, the company has declared the first quarterly cash dividend since 1993. On November 15, 2012, the company will pay a quarterly dividend of 4 cents per share to shareholders of record as of October 30, 2012. Guidance The AES Corporation expects derivative losses of 7 cents, currency losses of 2 cents, debt retirement losses of 1 cent, and impairment losses of 8 cents to be offset by disposition gains of 18 cents. Therefore, the company expects both adjusted and GAAP earnings to be at the low end of $1.22 to $1.30 per share in FY12. The company plans to exceed its $50 million target of cost cut and expects a savings of $65 million in 2012. For full-year 2012, the company expects consolidated cash flow from operating activities to be in the range of $2,900 million to $3,100 million versus its prior expectation of $3,100 to $3,300 million due to decreases at its Latin American utility and Latin American generation businesses. It expects consolidated free cash flow in the range of $1,700 to $1,900 compared with its prior expectation of $1,900 to $2,100 million. At the Peer Recently, one of the company's peers Exelon Corporation ( EXC ) announced second-quarter 2012 operating earnings of 61 cents per share, lower than the year-ago figure of $1.05 per share and the Zacks Consensus Estimate of 63 cents per share. Our Take Though AES Corporation's results were below our expectation, it is in line with the company's expectation. Going forward, with new businesses in the United States, Bulgaria and Latin America and the cost cutting initiatives, the company will be able to reach its earnings growth while meeting its goal for full-year 2012. Also, the company's geographic disparity insulates it from specific risks which will add visibility to the story. However, we are concerned regarding the commodity price risk, foreign exchange risk, as well as political risk. The company presently retains a short-term Zacks #4 Rank (Sell). Over the longer run, we maintain our long-term Neutral recommendation on the stock. AES CORP (AES): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-08-07,18.4612,18.4788,18.2834,18.3028,"[""Earnings Scorecard: Ameren Corporation - Analyst Blog Diversified utility provider Ameren Corporation ( AEE ) reported second quarter 2012 earnings of 73 cents per share, sweeping past the Zacks Consensus Estimate of 60 cents on strong numbers from regulated utility operations partially offset by lower numbers from merchant generation operations. Following the release of second quarter 2012 results on August 2, 2012, analysts have had almost a week to appraise the news. Below, we cover the earnings announcement, subsequent analyst estimate revisions and the Zacks ratings for both the short-term and the long-term outlook for the stock. Earnings Report Review Net revenues in the quarter declined 6.8% to $1.7 billion, in line with the Zacks Consensus Estimate. Revenue from Electric sales was down 6.3% year over year to $1.5 billion, while revenue from Gas declined 12% year over year to $147 million. Ameren's net earnings were $211 million, compared with the year-ago quarterly net income of $138 million. Second quarterly results however include an income-tax benefit of $39 million related to an asset write-down. The Ameren Missouri segment reported an increase in earnings through a favorable Federal Energy Regulatory Commission (FERC) order related to a disputed power purchase agreement; the absence of a charge related to the fuel adjustment clause; and new electric rates. The Ameren Illinois segment reported a decrease in earnings due to increased reliability spending, excluding storm-related costs, and higher other taxes. The Merchant Generation segment digested losses due to lower market prices for electricity. (Read our full coverage on this earnings report: Ameren Beats EPS, Revenue In-line ) Agreement of Estimate Revisions Following the second quarter earnings release, analysts apprehending a continuing trend of lower demand, weak prices and a sluggish economic recovery remained on the sidelines. We attribute no negative revisions owing to the strong financial results in the reported quarter from the company's regulated businesses and focus on cost structure improvement of its Merchant Generation business. A lower cost structure will help the company to counterbalance the ongoing trend of low power prices and will act as a margin booster for any improvement in power prices. As a result, out of the 4 analysts covering the stock, none have revised their estimate for the ongoing quarter. The sideways trend continued for full-year 2012, where out of 8 analysts covering the stock, a lone analyst has revised the estimate upward with no corresponding negative revision. Magnitude of Estimate Revisions Owing to a single upward revision with no corresponding negative revision, the consensus estimate for full year 2012 over the past week rose to $2.36 from $2.33. Also, given no revisions in estimates over the past week, the consensus estimate for the third quarter has remained at $1.32 over the past week. Background St. Louis-based Ameren Corporation is a holding company which engages in the generation and distribution of electricity and natural gas and serves residential, commercial, industrial and wholesale end-markets in Missouri and Illinois. With a generating capacity of 15,900 megawatts, the company, through its subsidiaries, serves 2.4 million electric customers and more than 0.9 million natural gas customers in a 64,000-square-mile area. Our Recommendation Ameren's stable and regulated electric power operations in the Midwest market generate a relatively stable and growing earnings stream. Future growth will be guided by improved plant operations, higher rates in Missouri and Illinois, lower operations and maintenance expenses, and installation of emissions reduction equipment (scrubbers) at its generation plants. Currently, Ameren has a short-term (1 to 3 months) Zacks #3 Rank (\""Hold\"") and a long-term (6+ months) Neutral recommendation. Our cautious stance on Ameren takes into account its significant fossil fuel based generating units and uncertainty about the rate of recovery of the economy. To comply with state and federal regulations, the company has to invest a significant chunk to reduce emissions from its generation assets, including installation of selective catalytic reduction and overfire air to control nitrogen oxide emissions and the use of activated carbon injection to control mercury emissions. Also, the company, in the near term, is negatively impacted by the impairment charges related to Ameren Energy Resources Generating Company's Duck Creek Energy Center. While Ameren's liquidity position is sound and growth potential is also attractive, we continue to believe that the near- to medium-term outlook for merchant power generators is tepid. Performance in the second quarter has been affected by lower power prices in the merchant power segment. In the near term, the scenario is unlikely to change and the company will resort to hedging its power prices to a greater extent. Given these headwinds, we believe that Ameren's current valuation adequately reflects its fairly balanced risk/reward profile. As such, we see limited upside from current levels. This is in line with its peers like the Illinois utility Exelon Corporation ( EXC ). About Earnings Estimate Scorecard As a PhD from MIT, Len Zacks proved over 30 years ago that earnings estimate revisions are the most powerful force impacting stock prices. He turned this ground breaking discovery into two of the most celebrated stock rating systems in use today. The Zacks Rank for stock trading in a 1 to 3 month time horizon and the Zacks Recommendation for long-term investing (6+ months). These \""Earnings Estimate Scorecard\"" articles help analyze the important aspects of estimate revisions for each stock after their quarterly earnings announcements. Learn more about earnings estimates and our proven stock ratings at http://www.zacks.com/education/ AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Need for Yield Franklin Income Fund's Ed Perks likes stocks in sectors ranging from banks to utilities. But he's not wild about REITs and MLPs.""]"
EXC,2012-08-08,18.3118,18.4368,18.1623,18.3929,
EXC,2012-08-09,18.426,18.6322,18.3459,18.5774,
EXC,2012-08-10,18.5609,18.7504,18.4944,18.7406,
EXC,2012-08-13,18.7699,18.8062,18.6537,18.6937,"Exelon Fulfills Merger Commitment - Analyst Blog Exelon Corporation ( EXC ), one of the nation's largest electric utilities, fulfills its Constellation-merger conditions by deciding to sale three of its Maryland based coal fired power plants to Raven Power Holdings LLC, a unit of Riverstone Holdings LLC for $400 million. This transaction is subject to the approvals of Federal Energy Regulatory Commission (""FERC"") and U.S. Department of Justice (""DOJ""), and is expected to be completed by fourth-quarter 2012. During merger filing with FERC, both the companies assured that this merger will not root competitive concerns. Exelon plans to sell the concerned operations within 180 days after the closing of the transaction to keep its earlier commitments. The assets earmarked for sale are Brandon Shores, Pasadena; C.P. Crane, Middle River; and H.A. Wagner, Pasadena. Exelon will continue to operate these coal fired unit till the divesture is accomplished. This transaction is expected to generate cash-tax benefits of $205 million. The major part of the net proceeds will supposedly be realized in 2012 and 2013. On account of variation between sale price and carrying value of the plants, Exelon will post a pre-tax loss of roughly $275 million in the third quarter of 2012. The gain from the sale is expected to be optimally used by Exelon for enhancement of its core operations. In second-quarter 2012, Exelon reported operating earnings of 61 cents per share, missing the year-ago figure of $1.05 per share and the Zacks Consensus Estimate of 63 cents per share. During second-quarter 2012 earnings press release, Exelon reaffirmed its full-year 2012 earnings guidance in the range of $2.55 - $2.85 per share and expected operating earnings in the band of 65 cents - 75 cents for third-quarter 2012. We view Exelon Corporation as a well positioned organization with accelerating investment in power plants and transmission, and ongoing cost containment efforts. In addition, the company's merger with Constellation will boost its operational growth in the coming years. Our major concerns regarding the company revolve around the effects of volatile weather patterns, rising long-term interest rates and higher operating costs. Exelon Corporation currently retains a Zacks #3 Rank, which translates into a short-term Hold rating. Chicago, Illinois-based Exelon Corporation, a utility services holding company, engages in the generation, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers. The company competes with Ameren Corporation ( AEE ). AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-08-14,18.6987,18.7855,18.5139,18.5648,"Ameren Prices Senior Notes - Analyst Blog Ameren Corporation 's ( AEE ) subsidiary Ameren Illinois Company announced that it has priced $400 million of 2.70% senior secured notes due in 2022. Ameren Corporation plans to utilize the net proceeds of this offering along with other surplus cash primarily to redeem its outstanding 9.75% and 6.25% senior secured notes worth $450 million due in 2018. In addition, the company also intends to use the remaining part of this issue to repurchase 5.50% debt maturing in 2014 with aggregate principal amount of $51.1 million, along with payment of related interest expenses and fees. It is a common practice among the utility companies to issue new debts to redeem the old ones while extending the repayment tenure. In June 2012, Ameren's peer Exelon Corporation ( EXC ) sold $775 million of senior notes in two tranches and utilized the proceeds for general corporate purposes. Prior to this offering, Ameren offered $250 million of its 6.30% Series I senior notes with fall due in 2020. The company employed the proceeds to repay its outstanding short-term debt. Recently, Ameren released its second-quarter 2012 results. As of June 30, 2012, the company's net long-term debt remained flat at $6.7 billion compared with the year-end 2011 figure. Interest expenses in second-quarter 2012 rose by $8 million year over year to $112 million mainly due to higher rate of interest. With the issue of new debts with lower interest rate, the company's interest expense is expected to fall in the coming quarters. The long-term debt-to-equity ratio of Ameren at the end of second-quarter 2012 was 86.7% much lower than its peer group ratio of 146.5%. At its second-quarter 2012earnings call Ameren increased its full-year 2012 pro forma earnings guidance in the range of $2.25 - $2.55 per share compared with the prior band of $2.20 - $2.50 per share. As per Zacks Consensus Estimates, the company's full-year 2012 earnings are expected to be $2.40 per share. We believe that Ameren's regulated electric power portfolio in the Midwest generates stable and growing earnings flow in the upcoming quarters due to continuous cost curtailment, rate relief, improvement in plant operations and installation of lower emission producing equipments at its generation assets. However, we are concerned with Ameren's over-dependence on its coal-based generation assets, pending regulatory cases and impairment charges for Ameren Energy Resources Generating Company's Duck Creek Energy Center. Ameren Corporation currently retains a Zacks #3 Rank, which translates into a short-term Hold rating. St. Louis, Missouri-based Ameren Corporation is a holding company, engaged in the generation and distribution of electricity and natural gas and serves residential, commercial, industrial and wholesale end-markets in Missouri and Illinois. AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-08-15,18.5335,18.5609,18.4046,18.4396,
EXC,2012-08-16,18.4153,18.4739,18.2902,18.2941,
EXC,2012-08-17,18.2902,18.3312,18.2209,18.2991,
EXC,2012-08-20,18.3048,18.3957,18.2404,18.3909,
EXC,2012-08-21,18.3909,18.4456,18.2854,18.2854,"Ameren's Focus on Debt Restructuring - Analyst Blog Ameren Corporation 's ( AEE ) subsidiary, Ameren Missouri, seeking to reduce the weighted average interest rate and enhance the maturity profile of its debt, issued tender offer for four series of outstanding senior secured notes. Ameren Missouri has commenced a tender offer to purchase its outstanding 6.00% Senior Secured Notes due 2018, 6.70% Senior Secured Notes due 2019, 5.10% Senior Secured Notes due 2018, and 5.10% Senior Secured Notes due 2019 for an aggregate purchase price of up to $377 million. The tender offer is subject to the terms and conditions set forth in the Offer to Purchase, dated August 20, 2012. This will expire on September 19, unless extended or terminated earlier. Ameren Missouri also plans to conduct an underwritten public offering of its senior secured debt securities to be completed prior to the Expiration Date. Ameren Missouri plans to use a portion of the net proceeds from the Debt Offering, together with available cash, to fund the purchase of the Notes. Recently, Ameren released its second-quarter 2012 results. As of June 30, 2012, the company's net long-term debt remained flat at $6.7 billion compared with the year-end 2011 figure. Interest expenses in second-quarter 2012 rose by $8 million year over year to $112 million mainly due to a higher rate of interest. With the issue of new debts with lower interest rate, the company's interest expense is expected to fall in the coming quarters. The long-term debt-to-equity ratio of Ameren at the end of second-quarter 2012 was 86.7%, much lower than its peer group ratio of 146.5%. At its second-quarter 2012earnings call Ameren increased its full-year 2012 pro forma earnings guidance to the range of $2.25 - $2.55 per share from the prior band of $2.20 - $2.50 per share. As per Zacks Consensus Estimates, the company's full-year 2012 earnings are expected to be $2.40 per share. We believe that Ameren's regulated electric power portfolio in the Midwest will generate stable and growing earnings flow in the upcoming quarters due to continuous cost curtailment, rate relief, improvement in plant operations and installation of lower emission producing equipment at its generation assets. However, we are concerned with Ameren's over-dependence on its coal-based generation assets, pending regulatory cases and impairment charges for Ameren Energy Resources Generating Company's Duck Creek Energy Center. Ameren Corporation currently retains a Zacks #2 Rank, which translates into a short-term Buy rating. Over the longer run we have a Neutral recommendation on the stock. This is in line with its peers like the Illinois utility Exelon Corporation ( EXC ). St. Louis, Missouri-based Ameren Corporation is a holding company, engaged in the generation and distribution of electricity and natural gas and serves residential, commercial, industrial and wholesale end-markets in Missouri and Illinois. AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-08-22,18.258,18.3264,18.0929,18.0929,"Exelon Sells Californian Assets - Analyst Blog Exelon Corporation ( EXC ) has entered into an agreement with IHI Corporation, a Japanese organization, for the sale of its five fossil and biomass-fueled power plants in California. The assets earmarked for sale are Chinese Station, Jamestown; Rio Bravo Fresno, Fresno; Rio Bravo Jasmin, Bakersfield; Rio Bravo Poso, Bakersfield; and Rio Bravo Rocklin, Lincoln. These plants, with a total capacity of 70 megawatts (""MW""), inked with Exelon's generation portfolio as a part of its merger with Constellation. Per the contract, Exelon intends to sale 50% stake in the four Rio Bravo power plants and 45% stake in the Chinese Station plant to IHI Corporation. Exelon's subsidiary Exelon Power will continue to operate these units till the divesture is accomplished. This transaction will enable Exelon to reposition its assets, which will in turn, strengthen its generation portfolio. Currently, Exelon strongly follows a long-term growth strategy, which primarily deals with steady assets divestments. The company is continuously divesting its several generation assets in the last few months. Couple of days ago, Exelon sold three of its Maryland based coal-fired power plants to Raven Power Holdings LLC, a unit of Riverstone Holdings LLC for $400 million as a part of its Constellation-merger conditions. In second-quarter 2012, Exelon reported operating earnings of 61 cents per share, missing the year-ago figure of $1.05 per share and the Zacks Consensus Estimate of 63 cents per share. During second-quarter 2012 earnings press release, Exelon reaffirmed its full-year 2012 earnings guidance in the range of $2.55 - $2.85 per share and expected operating earnings in the band of 65 cents - 75 cents for third-quarter 2012. We view Exelon Corporation as a well positioned organization with continuous cost minimization initiatives and accelerating investment in power plants and transmission activities. In addition, the company's merger with Constellation will improve its operational growth in the coming years. However, we are skeptical about the effects of volatile weather patterns, rising long-term interest rates and higher operating costs, which might challenge Exelon's future performance. Exelon Corporation currently retains a Zacks #3 Rank, which translates into a short-term Hold rating. Chicago, Illinois-based Exelon Corporation, a utility services holding company, engages in the generation, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers. The company competes with Ameren Corporation ( AEE ). AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-08-23,18.1036,18.1515,17.9472,17.9893,"Georgia PSC OKs Vogtle Spending - Analyst Blog Georgia Power - the largest subsidiary of Southern Company ( SO ) - has received approval from the Georgia Public Service Commission (PSC) to invest in the construction of Plant Vogtle units 3 and 4. The approval is for the period starting July 1, 2011 through December 31, 2011. Vogtle Electric Generating Plant (or Plant Vogtle) - located near Waynesboro in Burke County, Georgia - has been registering safety and technological developments. The manufacturing costs of both the units of this nuclear power facility are being monitored by the PSC. The facility has already received important advancements on turbine islands, cooling towers and nuclear islands, while further upgrades will continue in the nuclear island, turbine building and module assemblies in the upcoming months. Significant components will likely reach the location by the year-end or by early next year. Unit 3 is expected to commence operation in 2016 and Unit 4 is scheduled for 2017. The plant is jointly owned by Georgia Power, Oglethorpe Power Corporation, Municipal Electric Authority of Georgia and Dalton Utilities with 45.7%, 30%, 22.7% and 1.6% stakes, respectively. Another affiliate of Southern Company, Southern Nuclear, is regulating the construction and will operate the two units for Georgia Power and its associate partners. Headquartered in Atlanta, Georgia, Southern Company is the second largest generator of electricity in the nation behind Exelon Corp. ( EXC ), serving both regulated and competitive markets across the Southeastern U.S. We consider the Southeast to be one of the better regions to operate an electric utility, due to the higher-than-average natural population growth, the strong and diverse regional economy, constructive regulation and comparatively tight power markets. These characteristics provide a solid basis for Southern Company's regulated business, which is expected to comprise roughly 90% of its consolidated earnings over the next few years. However, we remain skeptical regarding Southern Company's $14 billion investment for the construction of two new reactors at the company's existing nuclear site in Vogtle, Georgia. With a fair chance of cost overruns and likely modifications to fully address the safety risks following the meltdown at Japan's Fukushima plant last year after a devastating earthquake and tsunami, the project cost could easily come to around $20 billion. This will substantially increase Southern Company's leverage and deteriorate its credit metrics. Additionally, the increasing capital intensity of its operations may result in reduced returns going forward. Hence, we see the stock performing in line with the broader market and maintain our long-term Neutral recommendation. The company also retains a Zacks #3 Rank (short-term Hold rating). EXELON CORP (EXC): Free Stock Analysis Report SOUTHN COMPANY (SO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-08-24,17.9659,17.9893,17.8886,17.9766,
EXC,2012-08-27,17.9766,18.2043,17.9532,18.0821,"Unit of SO to Sell Power Plant - Analyst Blog Mississippi Power Co. - a unit of Atlanta-based electric utility firm Southern Co. ( SO ) - recently announced that it will sell 15% of its Kemper County power plant to South Mississippi Electric Power Association (SMEPA) for $500 million. The agreed upon sale of the $2.8 billion under-construction facility is expected to be over by this year-end. Earlier this month, Hattiesburg-based SMEPA agreed to purchase the LSP Energy power plant in Batesville for $286 million. The energy power plant has a capacity of 837 megawatts, implying that SMEPA will be paying $342,000 per megawatt of the generating capacity. On the other hand, SMEPA - the generator and transmitter of power to 11 electric cooperatives spread over southern and western Mississippi - will pay $5.65 million per megawatt for the Kemper plant, representing a capacity of 88.5 megawatts. These two investments will add more than 900 megawatts of capacity and will meet SMEPA's long-term needs. The 582 megawatt Kemper plant will be using lignite to ensure stable fuel supply. To reduce fuel cost, lignite will be mined onsite. The byproducts generated in the whole process will be sold to other industries for economic and environmental benefits. Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corporation ( EXC ) and Duke Energy Corporation ( DUK ) - serves both regulated and competitive markets across the Southeastern U.S. It is a holding company for four regulated Southern electric utilities that serve about 4.4 million customers - Georgia Power, Alabama Power, Gulf Power and Mississippi Power. With a good rate base growth and constructive regulation, we expect the firm to generate steady earnings and dividend growth in the coming years through its long-term power contracts. However, Southern Company's heavy reliance on coal-generated energy supply and a lack of meaningful contribution from renewable energy is a matter of concern. In the current age of growing emphasis on 'environment friendly or green' energy, the company may be forced to divert cash flows to ensure regulatory compliance, which can adversely impact profitability. Consequently, we do not anticipate a significant upside in the near future and expect the stock to perform in line with the broader market. Southern Company has a Zacks #3 Rank (Hold rating) for the short term. We are Neutral on the shares for the longer term. DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHN COMPANY (SO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-08-28,18.0997,18.1613,17.9609,17.9863,
EXC,2012-08-29,18.0098,18.044,17.8301,17.8398,
EXC,2012-08-30,17.8076,17.8985,17.8056,17.8584,"Exelon Expands Solar Power Assets - Analyst Blog Exelon Corporation 's ( EXC ) Constellation business unit announced that the company has completed its 16.1 megawatt (""MW"") power grid-connected photovoltaic (""PV"") solar facility in Emmitsburg, Maryland. The company has spent approximately $50 million for this project. Exelon expects this facility to generate more than 20 million kilowatt hours (""KWh"") of emissions-free electricity annually. The electricity generated from this solar plant will be sold to the state's Department of General Services and the University System of Maryland under the 20-year solar power purchase agreements (""PPA""). The company has installed this plant under the Generating Clean Horizons initiative of the state of Maryland. The Generating Clean Horizons initiative is a partnership between the state of Maryland and the University of Maryland, formed in February 2009. The main objective of this initiative is to encourage large-scale commercial renewable energy projects in the region for creating more green jobs. First Solar, Inc. ( FSLR ) developed this ground-mounted solar power plant, utilizing approximately 220,000 of its advanced thin film PV panels. This project site is situated on 100 acres of land leased by Exelon from Mount St. Mary's University. Moreover, this 16.1 MW power grid-connected PV solar project facility will produce clean and renewable electricity while reducing the fear of harmful air emissions and waste production. According to the U.S. Environmental Protection Agency (""EPA"") records, this project is likely to displace yearly carbon dioxide emissions by approximately 17,981 metric tons. This project not only takes the company closer to its carbon emission goals, but also enables to provide customers clean and affordable energy. Currently, Exelon has approximately 112 MW of solar installations, which includes 25 MW in Maryland. We believe the addition of this PV portfolio expands Exelon's coverage in the Maryland solar energy market. Since Exelon has 20-year PPA, it is likely to generate steady revenue in the near term. We believe Exelon's continuous effort toward expansion of its solar portfolio will create a win-win situation for each of the parties, including consumers and the government. As a result of power purchase or solar services agreements, the company offers solar installations without upfront capital investments from the customers and tries to provide fixed power costs that are lower than the market rates. In addition, these green projects also create new jobs, which are expected to subsequently minimize the unemployment level. At the same time, the company will likely secure steady cash flow from its operations. However, we are skeptical about the effects of volatile weather patterns, rising long-term interest rates and higher operating costs, which might challenge Exelon's future performance. Chicago, Illinois-based Exelon Corporation, a utility services holding company, engages in the generation, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers. Exelon Corporation currently retains a Zacks #3 Rank, which translates into a short-term Hold rating. EXELON CORP (EXC): Free Stock Analysis Report FIRST SOLAR INC (FSLR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-08-31,17.9561,17.9561,17.7675,17.8017,
EXC,2012-09-04,17.8545,17.8545,17.6004,17.6249,
EXC,2012-09-05,17.7138,17.7265,17.4548,17.4735,
EXC,2012-09-06,17.5456,17.7557,17.5339,17.6688,"Stocks First Lady Michelle Obama Would Pick Through her political prowess, First Lady Michelle Obama has amassed immense popularity through her community programs concerning child obesity, arts and humanities after-school programs and most importantly, "" Joining Forces "", a program collaborated with Dr. Jill Biden dedicated to ""connecting our servicemen and women, veterans and military spouses with the resources they need to find jobs at home."" As of August 24, 2,000 private sector companies have hired or trained 125,000 veterans and military spouses since 2011. Top picks for companies contributing to the ""Joining Forces"" program that would be right at home in First Lady Obama's portfolio would be the following: Utility Services Exelon Corporation (NYSE: EXC ), which is currently trading up 0.92 percent from Wednesday's closing price plans to employ 10 percent of hires over the next two years with military personnel. This is not the only program Exelon has committed to, as the company is also involved with the Transition Assistance Program ( TAP ) and advertises open positions in military specific publications in order to help support our veterans and warriors. Regarding the company's year to date 16.69 percent dip in share prices, the company has outlined a specific debt financing plan for investors and will likely provide more color on the repayment in the upcoming Power and Gas Leaders Conference in late September in New York City hosted by Bank of America. In March 2012, the company merged with Constellation Energy Group (NYSE: CEG ) in a stock for stock exchange and has completed its solar power asset expansion (a $50 million project) with the main objective of creating green jobs in the Emmitsburg, Maryland area under a partnership with the state of Maryland and the University of Maryland under the Generating Clean Horizons initiative. Michelle Obama's father worked for the City of Chicago water plant, and thus public utilities helped put food on her table while she was growing up. Banking Bank of America (NYSE: BAC ) currently employs 5,000 service members and veterans and continues to actively recruit veterans and their spouses. For 2012, the company has set to double the number of veterans hired compared to 2011 and have donated bank owned homes to wounded service members returning from duty. As of Thursday, shares are up 4.55 percent and year to date the stock is up 49.55 percent. JP Morgan believes the company has extremely attractive valuation and continues to improve its capital level and currently holds a price target of $11.50. Managed Care Michelle Obama previously served as Executive Director and Vice President of Community and External Affairs for University of Chicago Hospitals, even up to and during part of President Barack Obama's 2008 presidential campaign. In regards to her relevant experience, Health Net (NYSE: HNT ) has a tenured history of employing veterans and military spouses, showing support of its Department of Defense and Department of Veterans Affairs programs. Although year-to-date shares are down 23.08 percent, as of this writing on Thursday shares traded up 0.43 percent. Despite the decrease in share value, the company has numerous opportunities for 2013 to double earnings as the company expects. There is a possible sale of the company on the books since the second-quarter earnings shortfall, and weakness in shares could present a buying opportunity come 2013, as the company's current nine percent market share would certainly prove accretive to WellPoint's (NYSE: WLP ) 23 percent, privately-held Kaiser Permanente's 40 percent or Blue Cross Blue Shield's 14 percent. Food and Drug Retail Michelle Obama used to sit on the Board of Director's for TreeHouse Foods (NYSE: THS ) until her husband came out with criticisms against the company's main dealer, Wal-Mart (NYSE: WMT ). Since then, she has rescinded all ties with the company, and likely looking else where to such ""Joining Forces"" participants as Safeway (NYSE: SWY ). Safeway committed to hiring over 900 military service members in 2012 and launched a Leadership Development Program in 2010 to assist transitioning military members for leadership positions in the retail sector. Safeway has over 1,700 locations in the United States and offering relocating programs and opportunities to develop skills and promising futures for veterans and spouses. Year-to-date shares are down 21.77 percent, presenting a buying opportunity in share weakness at the beginning of the company's just for U digital marketing/personalized coupon program and also ahead of the company's plans to pursue an IPO for its gift-card business Blackhawk ( BH ). Entertainment Long funded by Bank of America, The Walt Disney Company (NYSE: DIS ) has launched a company-wide initiative to train, hire and support returning veterans under its Heroes Work here program. This initiative will provide around 1,000 jobs and opportunities for veterans and spouses through 2015. Michelle Obama has also worked directly with Disney, which resulted in the company dropping advertisers that did not meet its nutrition guidelines, a move she was quoted calling a ""game changer,"" and naturally as the parent company of ABC News, positive results will trickle down. Shares of Disney are currently sitting up 1.69 percent on Thursday and year-to-date up 4.41 percent. Michelle Obama's direct involvement and vast changes regarding Disney prove that her continued presence in the White House will remain positive for shares. Fashion Sitting up 102.86 percent year to date, Michael Kors (NYSE: KORS ) has been a favorite in apparel for the First Lady, having donned a black Kors evening gown the evening the president presented Iraeli President Shimon Peres with the Presidential Medal of Freedom in June and previously to a National Medal of Arts and National Humanities Medal ceremony at the White House in March 2011. Clearly, she has preference (appropriately dubbed the ""Michelle O."" style) when it comes to fashion and many Americans are following suit. Michael Kors is working to expand its wristwatch brand and currently holds the ""best-in-class"" growth story for 2012, according to Morgan Stanley. As the company grows, it will continue to hire people, integrate new systems and increase its distribution capacity. Expect shares to continue ramping up ahead of the 2012 holiday season and continue through President Obama's second term in the White House. Michelle Obama's personal preferences, history and community programs (especially Joining Forces) help to create a diverse selection of companies. (c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-09-07,17.6737,17.6942,17.5613,17.6444,
EXC,2012-09-10,17.6102,17.615,17.3512,17.4255,"[""Guru Stocks at 52-Week Lows: HPQ, EXC, CHT, DELL, CAH According to GuruFocus list of 52-week lows , these Guru stocks have reached their 52-week lows. Hewlett-Packard Company ( HPQ ) Reached the 52-Week Low of $17.42 The prices of Hewlett-Packard Company ( HPQ ) shares have declined to close to the 52-week low of $17.42, which is 43.9% off the 52-week high of $29.89. Hewlett-Packard Company is owned by 32 Gurus we are tracking. Among them, 15 have added to their positions during the past quarter. Seventeen reduced their positions. Hewlett-Packard is one of the global providers of computing and imaging solutions and services for business and home. Hewlett-Packard Company has a market cap of $33.3 billion; its shares were traded at around $17.42 with a P/E ratio of 4.2 and P/S ratio of 0.3. The dividend yield of Hewlett-Packard Company stocks is 3.1%. Hewlett-Packard Company had an annual average earnings growth of 25.4% over the past 5 years. HP recently reported its third quarter 2012 financial results. GAAP loss per share was $4.49, down from earnings per share ( EPS ) of $0.93 in the prior-year period. Non-GAAP diluted EPS was $1.00, down 9% from the prior-year period. Richard Perry bought 4,000,000 shares in the quarter that ended on 06/30/2012, which is 3.3% of the $2.47 billion portfolio of Perry Capital. Brian Rogers owns 5,026,800 shares as of 06/30/2012, a decrease of 30.92% of from the previous quarter. This position accounts for 0.46% of the $21.98 billion portfolio of T Rowe Price Equity Income Fund. Mark Hillman owns 94,049 shares as of 06/30/2012, a decrease of 48.35% of from the previous quarter. This position accounts for 3.4% of the $56 million portfolio of Hillman Capital Management. Executive Chairman Raymond J. Lane bought 46,400 shares of HPQ stock on 06/05/2012 at the average price of $21.5. Raymond J. Lane owns at least 248,392 shares after this. The price of the stock has decreased by 18.98% since. Other insiders have also increased their positions in the company. Exelon Corporation ( EXC ) Reached the 52-Week Low of $36.16 The prices of Exelon Corporation ( EXC ) shares have declined to close to the 52-week low of $36.16, which is 21.0% off the 52-week high of $45.34. Exelon Corporation is owned by 16 Gurus we are tracking. Among them, seven have added to their positions during the past quarter. Twelve reduced their positions. Exelon Corporation is a utility holding company. Its subsidiaries are engaged principally in the production, purchase, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers and the distribution and sale of natural gas to residential, commercial and industrial customers. Exelon Corporation has a market cap of $31.09 billion; its shares were traded at around $36.16 with a P/E ratio of 10.7 and P/S ratio of 1.6. The dividend yield of Exelon Corporation stocks is 5.8%. Exelon Corporation had an annual average earnings growth of 8.5% over the past 10 years. EXC recently reported its second quarter 2012 financial results. The company announced $522 million in income for the second quarter of 2012, compared to $697 million in the second quarter of 2011. Donald Smith owns 1,568,830 shares as of 06/30/2012, a decrease of 36.63% of from the previous quarter. This position accounts for 1.8% of the $3.35 billion portfolio of Donald Smith & Co. Mario Gabelli owns 23,275 shares as of 06/30/2012, a decrease of 77.96% of from the previous quarter. This position accounts for 0.0066% of the $13.31 billion portfolio of GAMCO Investors. President and CEO, BGE Kenneth William Defontes sold 7,500 shares of EXC stock on 08/03/2012 at the average price of $38.33. Kenneth William Defontes Jr. owns at least 29,416 shares after this. The price of the stock has decreased by 5.66% since. Chunghwa Telecom Co. Ltd ( CHT ) Reached the 52-Week Low of $30.38 The prices of Chunghwa Telecom Co. Ltd ( CHT ) shares have declined to close to the 52-week low of $30.38, which is 15.7% off the 52-week high of $34.86. Chunghwa Telecom Co. Ltd is owned by four Gurus we are tracking. Chunghwa Telecom Co. Ltd. is the largest telecommunications service provider in Taiwan and one of the largest in Asia in terms of revenues. Chunghwa Telecom Co. Ltd. has a market cap of $23.3 billion; its shares were traded at around $30.38 with a P/E ratio of 16.2 and P/S ratio of 3.2. The dividend yield of Chunghwa Telecom Co. Ltd stocks is 4.8%. Chunghwa Telecom Co. Ltd. had an annual average earnings growth of 1.4% over the past 5 years. Dell Inc. ( DELL ) Reached the 52-Week Low of $10.64 The prices of Dell Inc. ( DELL ) shares have declined to close to the 52-week low of $10.64, which is 42.5% off the 52-week high of $18.32. Dell Inc. is owned by 24 Gurus we are tracking. Among them, 13 have added to their positions during the past quarter. Twelve reduced their positions. Dell Inc. is a premier provider of products and services required for customers worldwide to build their information-technology and Internet infrastructures. Dell Inc. has a market cap of $18.6 billion; its shares were traded at around $10.64 with a P/E ratio of 5.4 and P/S ratio of 0.3. Dell Inc. had an annual average earnings growth of 8.1% over the past 10 years. GuruFocus rated Dell Inc. the business predictability rank of 3.5-star. Dell recently reported its fiscal year 2013 second quarter financial results. The company announced revenues of $14.5 billion. GAAP earnings were 42 cents per share, and non-GAAP earnings of 50 cents per share. Dodge & Cox bought 24,043,200 shares in the quarter that ended on 06/30/2012, which is 0.41% of the $73.36 billion portfolio of Dodge & Cox. Whitney Tilson owns 300,000 shares as of 06/30/2012, a decrease of 60.92% of from the previous quarter. This position accounts for 3.2% of the $118 million portfolio of T2 Partners Management LP. Senior Vice President Brian T. Gladden sold 25,000 shares of DELL stock on 09/04/2012 at the average price of 10.56. Brian T. Gladden owns at least 378,916 shares after this. The price of the stock has increased by 0.76% since. Other insiders have also decreased their positions in the company. Cardinal Health Inc. ( CAH ) Reached the 52-Week Low of $38.32 The prices of Cardinal Health Inc. ( CAH ) shares have declined to close to the 52-week low of $38.32, which is 15.8% off the 52-week high of $45.49. Cardinal Health, Inc. is owned by 13 Gurus we are tracking. Among them, 8 have added to their positions during the past quarter. Five reduced their positions. Cardinal Health Inc. is one of the providers of products and services to healthcare providers and manufacturers to help them improve the efficiency and quality of healthcare. Cardinal Health Inc. has a market cap of $13.69 billion; its shares were traded at around $38.32 with a P/E ratio of 12.3 and P/S ratio of 0.1. The dividend yield of Cardinal Health Inc. stocks is 2.4%. Cardinal Health Inc. had an annual average earnings growth of 0.2% over the past 10 years. Cardinal Health recently reported fourth-quarter fiscal year 2012 revenues of $26.8 billion and non-GAAP diluted earnings per share from continuing operations of $0.73, up 22 percent. The company reported fiscal year 2012 revenues increased 5 percent to $108 billion, and non-GAAP diluted EPS from continuing operations increased 15 percent to $3.21. David Dreman bought 75,621 shares in the quarter that ended on 06/30/2012, which is 0.074% of the $4.28 billion portfolio of Dreman Value Management. Ray Dalio owns 112,200 shares as of 06/30/2012, an increase of 285.57% from the previous quarter. This position accounts for 0.07% of the $6.73 billion portfolio of Bridgewater Associates. Director Jean G. Spaulding sold 8,135 shares of CAH stock on 05/17/2012 at the average price of $42.06. Jean G. Spaulding owns at least 15,406 shares after this. The price of the stock has decreased by 8.89% since.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Slashed to \u201cSell\u201d at Citigroup; Sees 14% Downside (EXC) Electric utility operator Exelon Corporation ( EXC ) on Monday received a big downgrade from analysts at Citigroup. The firm slashed its rating on EXC from \""Neutral\"" to \""Sell\"" with a $31 price target, suggesting a 14% downside to the stock's Friday closing price of $36.15. A Citigroup analyst commented, \""Our downgrade and target price reduction is driven by our Street-low forecasted EPS outlook of $2.25 in 2014. This is primarily driven by our inclusion of the pro rata share of CENG O&M costs which were previously not incorporated in our ExGen model and marking our model to market with the 8/29/12 commodity deck. We believe CENG O&M costs are not fully reflected in Street estimates, which could partially explain our below consensus forward estimates. Our downgrade is valuation driven; we have not changed our fundamental view of the Company.\"" Exelon shares fell 33 cents, or -0.9%, in premarket trading Monday. The Bottom Line Shares of Exelon ( EXC ) have a 5.81% dividend yield, based on Friday's closing stock price of $36.15. The stock has technical support in the $32-$33 price area. If the shares can firm up, we see overhead resistance around the $40 price level. Exelon Corporation ( EXC ) is not recommended at this time, holding a Dividend.com DARS\u2122 Rating of 3.2 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Regions Financial, Williams-Sonoma hit 52-week highs; Intel, Cisco active Regions Financial and Williams-Sonoma are among stocks hitting 52-week highs in Monday's mixed market trading.""]"
EXC,2012-09-11,17.4685,17.4919,17.2584,17.322,"Sirius, Intel active; Gannett, Franklin Covey at 52-week highs Advancers are outpacing decliners Tuesday, with shares of Sirius and Intel active."
EXC,2012-09-12,17.2106,17.2438,16.8608,17.0201,Chesapeake lags despite $6.9B in asset sales Deals with Royal Dutch Shell and Chevron increase the buyers’ presence in U.S. shale.
EXC,2012-09-13,16.9956,17.3737,16.9956,17.3611,"Entergy Progresses on Divestment - Analyst Blog Entergy Corporation ( ETR ) is moving ahead with its divestment plan for its electric transmission business for gross cash of $1.775 billion. The divested business would be merged with the operations of ITC Holdings Corporation ( ITC ). The planned spin-off and merger of the electric business into a subsidiary of ITC involves a multi-state and federal regulatory process. The company is making brisk progress in getting the necessary approvals. Taking the process to the next step, Entergy New Orleans Inc. and Entergy Louisiana LLC, in conjunction with ITC and ITC Midsouth LLC, have filed a joint application with the New Orleans City Council. Entergy and ITC initiated the regulatory process with a joint application filing with the Louisiana Public Service Commission on September 5, 2012. Entergy is seeking approval to transfer about 15,800 miles of interconnected transmission lines at voltages of 69kV and above and the associated substations to ITC, which will then be one of the largest electric transmission companies in the U.S., with more than 30,000 miles of transmission lines spanning from the Great Lakes to the Gulf Coast. Meanwhile, Entergy's operating companies will continue to own and operate their respective distribution and generation businesses. New Orleans, Louisiana-based Entergy is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity and is the second-largest nuclear generator in the U.S. Entergy delivers electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi and Texas. The company is the second largest U.S. nuclear power generator after Exelon Corporation ( EXC ). Earlier, in December 2011, Entergy entered into a definitive agreement with ITC Holdings under which the former will divest its electric transmission business to the latter. The divested business would be merged with the operations of ITC Holdings. The transaction will require consent from Entergy's retail regulators, the Federal Energy Regulatory Commission and ITC shareholders. The company expects the transaction to complete by 2013. Post-merger, ITC will become one of the largest electricity transmission companies in the U.S. Its area of operations will stretch from the Great Lakes to the Gulf Coast, with more than 30,000 miles of transmission lines. Per the divestiture agreement, Entergy will divest its electric transmission business to a newly formed entity known as Mid South TransCo LLC (""Transco"") which will be distributed to Entergy's shareholders in the form of a tax-free spin-off. Then, under an all-stock Reverse Morris Trust transaction, Transco will merge with and into a newly created merger subsidiary of ITC. Post-merger, Entergy will have an approximately 50.1% stake in ITC in exchange for their shares in TransCo. The balance 49.9% stake of the combined company will be with the existing shareholders of ITC. Entergy plans to utilize most of the cash proceeds from the transaction to redeem the debt at its utility operating companies and at the parent, Entergy. It expects the transaction to meet the criteria for tax-free treatment for U.S. federal income tax purposes. The divestiture will provide more investment alternatives and enhance the credit quality of Entergy and its operating subsidiaries. It will allow the company to invest more in its generation operations. Moreover, the transaction will not affect its retail customers and they will continue to receive the same high quality service as before. In the past, the company spent much effort to create its own independent grid. Currently, it is seeking to integrate its transmission operations into the Midwest Independent System Operator. Entergy presently retains a short-term Zacks #3 Rank (Hold) that corresponds with our long-term Neutral recommendation on the stock. The stock is now trading at a discount in terms of forward earnings estimates versus its utility peers like The AES Corporation ( AES ) and American Electric Power Company Inc. ( AEP ). AMER ELEC PWR (AEP): Free Stock Analysis Report AES CORP (AES): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ITC HOLDINGS CP (ITC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-09-14,17.4255,17.5663,17.3327,17.5428,
EXC,2012-09-17,17.5809,17.5809,17.2731,17.3269,
EXC,2012-09-18,17.2683,17.3611,17.2144,17.3132,"Guru Stocks at 52-Week Lows: EXC, DELL, CAH, ENI, MRVL According to GuruFocus list of 52-week lows , these Guru stocks have reached their 52-week lows. Exelon Corporation ( EXC ) Reached the 52-Week Low of $35.93 The prices of Exelon Corporation ( EXC ) shares have declined to close to the 52-week low of $35.93, which is 23.6% off the 52-week high of $45.34. Exelon Corporation is owned by 16 Gurus we are tracking. Among them, seven have added to their positions during the past quarter. Twelve reduced their positions. Exelon Corporation is a utility holding company. Its subsidiaries are engaged principally in the production, purchase, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers and the distribution and sale of natural gas to residential, commercial and industrial customers. Exelon Corporation has a market cap of $31.09 billion; its shares were traded at around $35.93 with a P/E ratio of 10.7 and P/S ratio of 1.6. The dividend yield of Exelon Corporation stocks is 5.8%. Exelon Corporation had an annual average earnings growth of 8.5% over the past 10 years. EXC recently reported its second quarter 2012 financial results. The company announced that net income was $522 million for the second quarter of 2012, compared to $697 million in the second quarter of 2011. Diluted EPS was 61 cents per share during the second quarter of 2012. Donald Smith owns 1,568,830 shares as of 06/30/2012, a decrease of 36.63% of from the previous quarter. This position accounts for 1.8% of the $3.35 billion portfolio of Donald Smith & Co.. Mario Gabelli owns 23,275 shares as of 06/30/2012, a decrease of 77.96% of from the previous quarter. This position accounts for 0.0066% of the $13.31 billion portfolio of GAMCO Investors. Three gurus sold out their positions in the company. President and CEO, BGE Kenneth William Defontes Jr. sold 7,500 shares of EXC stock on 08/03/2012 at the average price of $38.33. Kenneth William Defontes Jr. owns at least 29,416 shares after this. The price of the stock has decreased by 6.26% since. Dell Inc. ( DELL ) Reached the 52-Week Low of $10.84 The prices of Dell Inc. ( DELL ) shares have declined to close to the 52-week low of $10.84, which is 42.5% off the 52-week high of $18.32. Dell Inc. is owned by 24 Gurus we are tracking. Among them, 13 have added to their positions during the past quarter. Twelve reduced their positions. Dell Inc. is a premier provider of products and services required for customers worldwide to build their information-technology and Internet infrastructures. Dell Inc. has a market cap of $18.6 billion; its shares were traded at around $10.84 with a P/E ratio of 5.4 and P/S ratio of 0.3. Dell Inc. had an annual average earnings growth of 8.1% over the past 10 years. GuruFocus rated Dell Inc. the business predictability rank of 3.5-star. Dell recently reported its fiscal year 2013 second quarter financial results. The company announced revenues of $14.5 billion. GAAP earnings were 42 cents per share, and non-GAAP earnings of 50 cents per share. Dodge & Cox bought 24,043,200 shares in the quarter that ended on 06/30/2012, which is 0.41% of the $73.36 billion portfolio of Dodge & Cox. Brian Rogers bought 7,000,000 shares in the quarter that ended on 06/30/2012, which is 0.4% of the $21.98 billion portfolio of T Rowe Price Equity Income Fund. Michael Price bought 110,000 shares in the quarter that ended on 06/30/2012, which is 0.2% of the $692 million portfolio of MFP Investors LLC. Tom Gayner bought 225,000 shares in the quarter that ended on 06/30/2012, which is 0.13% of the $2.19 billion portfolio of Markel Gayner Asset Management Corp. George Soros sold out his holdings in the quarter that ended on 06/30/2012. Senior Vice President Brian T. Gladden sold 25,000 shares of DELL stock on 09/04/2012 at the average price of 10.56. Brian T. Gladden owns at least 378,916 shares after this. The price of the stock has increased by 2.65% since. Cardinal Health Inc. ( CAH ) Reached the 52-Week Low of $38.37 The prices of Cardinal Health Inc. ( CAH ) shares have declined to close to the 52-week low of $38.37, which is 17.0% off the 52-week high of $45.49. Cardinal Health Inc. is owned by 13 Gurus we are tracking. Among them, eight have added to their positions during the past quarter. Five reduced their positions. Cardinal Health Inc. is one of the providers of products and services to healthcare providers and manufacturers to help them improve the efficiency and quality of healthcare. Cardinal Health Inc. has a market cap of $13.69 billion; its shares were traded at around $38.37 with a P/E ratio of 12.3 and P/S ratio of 0.1. The dividend yield of Cardinal Health Inc. stocks is 2.4%. Cardinal Health Inc. had an annual average earnings growth of 0.2% over the past 10 years. Cardinal Health recently reported fourth-quarter fiscal year 2012 revenues of $26.8 billion and non-GAAP diluted earnings per share from continuing operations of $0.73, up 22 percent. The company reported fiscal year 2012 revenues increased 5 percent to $108 billion, and non-GAAP diluted EPS from continuing operations increased 15 percent to $3.21. David Dreman bought 75,621 shares in the quarter that ended on 06/30/2012, which is 0.074% of the $4.28 billion portfolio of Dreman Value Management. Edward Owens owns 6,236,708 shares as of 06/30/2012, which accounts for 1.2% of the $21.29 billion portfolio of Vanguard Health Care Fund. John Keeley owns 89,900 shares as of 06/30/2012, which accounts for 0.085% of the $4.44 billion portfolio of Keeley Fund Management. CFO Jeffrey William Henderson sold 79,410 shares of CAH stock on 09/10/2012 at the average price of $38.32. Jeffrey William Henderson owns at least 110,279 shares after this. The price of the stock has increased by 0.13% since. Enersis S.A. ( ENI ) Reached the 52-Week Low of $16.64 The prices of Enersis S.A. ( ENI ) shares have declined to close to the 52-week low of $16.64, which is 22.3% off the 52-week high of $20.78. Enersis S.A. is owned by five Gurus we are tracking. Among them, three have added to their positions during the past quarter. One reduced his position. Enersis S.A., through its subsidiaries, generates and distributes electricity in Chile, Argentina and Peru. Enersis S.A. has a market cap of $10.75 billion; its shares were traded at around $16.64 with a P/E ratio of 12.1 and P/S ratio of 0.8. The dividend yield of Enersis S.A. stocks is 2.4%. Enersis S.A. had an annual average earnings growth of 5.2% over the past 10 years. John Hussman owns 8,000 shares as of 06/30/2012, which accounts for 0.0028% of the $5.32 billion portfolio of Hussman Economtrics Advisors. Marvell Technology Group Ltd. ( MRVL ) Reached the 52-Week Low of $10.33 The prices of Marvell Technology Group Ltd. ( MRVL ) shares have declined to close to the 52-week low of $10.33, which is 40.0% off the 52-week high of $16.73. Marvell Technology Group Ltd. is owned by seven Gurus we are tracking. Among them, five have added to their positions during the past quarter. Three reduced their positions. Marvell Technology is a designer, developer and supplier of mixed-signal and digital signal processing integrated circuit for high-speed, high-density, digital data storage and broadband digital data networking markets. Marvell Technology Group Ltd. has a market cap of $5.73 billion; its shares were traded at around $10.33 with a P/E ratio of 11.6 and P/S ratio of 1.7. The dividend yield of Marvell Technology Group Ltd. stocks is 2.4%. Marvell Technology Group Ltd. had an annual average earnings growth of 32.3% over the past 10 years. GuruFocus rated Marvell Technology Group Ltd. the business predictability rank of 2.5-star. Marvell recently reported its second quarter 2013 financial results. Revenue for the second quarter of fiscal 2013 was $816 million, a 2 percent sequential increase from $796 million in the first quarter of fiscal 2013, ended April 28, 2012, and a decrease of 9 percent from $898 million in the second quarter of fiscal 2012, ended July 30, 2011. David Dreman owns 552,396 shares as of 06/30/2012, an increase of 165.58% from the previous quarter. This position accounts for 0.15% of the $4.28 billion portfolio of Dreman Value Management. David Einhorn owns 25,602,479 shares as of 06/30/2012, an increase of 39.35% from the previous quarter. This position accounts for 4.5% of the $6.37 billion portfolio of Greenlight Capital. David Tepper owns 2,376,524 shares as of 06/30/2012, which accounts for 0.83% of the $3.23 billion portfolio of Appaloosa Management LP. Vice President and Chief Technology Officer Pantas Sutardja, sold 41,668 shares of MRVL stock on 06/01/2012 at the average price of $12.05. Pantas Sutardja, owns at least 37,615,435 shares after this. The price of the stock has decreased by 14.27% since.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-09-19,17.3649,17.4158,17.2389,17.3269,
EXC,2012-09-20,17.2975,17.322,17.1744,17.3025,
EXC,2012-09-21,17.3327,17.3474,17.2047,17.2683,
EXC,2012-09-24,17.3376,17.5339,17.3083,17.5076,"[""Guru Stocks at 52-Week Lows: EXC, DELL, CAH, ENI, VIV According to GuruFocus' list of 52-week lows , these Guru stocks have reached their 52-week lows. Exelon Corporation ( EXC ) Reached the 52-Week Low of $35.38 The prices of Exelon Corporation ( EXC ) shares have declined to close to the 52-week low of $35.38, which is 22.2% off the 52-week high of $45.34. Exelon Corporation is owned by 16 Gurus we are tracking. Among them, seven have added to their positions during the past quarter. Twelve reduced their positions. Exelon Corporation is a utility holding company. Its subsidiaries are engaged principally in the production, purchase, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers and the distribution and sale of natural gas to residential, commercial and industrial customers. Exelon Corporation has a market cap of $30.86 billion; its shares were traded at around $35.38 with a P/E ratio of 10.6 and P/S ratio of 1.6. The dividend yield of Exelon Corporation stocks is 5.8%. Exelon Corporation had an annual average earnings growth of 8.5% over the past 10 years. EXC recently reported its second quarter 2012 financial results. The company announced that net income was $522 million for the second quarter of 2012, compared to $697 million in the second quarter of 2011. Diluted EPS was 61 cents per share during the second quarter of 2012. HOTCHKIS & WILEY owns 10,005,559 shares as of 06/30/2012, which accounts for 2.4% of the $15.8 billion portfolio of Hotchkis & Wiley Capital Management LLC. Brian Rogers owns 6,006,400 shares as of 06/30/2012, which accounts for 1% of the $21.98 billion portfolio of T Rowe Price Equity Income Fund. PRIMECAP Management owns 377,000 shares as of 06/30/2012, which accounts for 0.024% of the $59.94 billion portfolio of PRIMECAP Management. President and CEO, BGE Kenneth William Defontes Jr. sold 7,500 shares of EXC stock on 08/03/2012 at the average price of $38.33. Kenneth William Defontes Jr. owns at least 29,416 shares after this. The price of the stock has decreased by 7.7% since. Dell Inc. ( DELL ) Reached the 52-Week Low of $10.37 The prices of Dell Inc. ( DELL ) shares have declined to close to the 52-week low of $10.37, which is 43.7% off the 52-week high of $18.32. Dell Inc. is owned by 24 Gurus we are tracking. Among them, 13 have added to their positions during the past quarter. Twelve reduced their positions. Dell Inc. is a premier provider of products and services required for customers worldwide to build their information-technology and Internet infrastructures. Dell Inc. has a market cap of $18.69 billion; its shares were traded at around $10.37 with a P/E ratio of 5.4 and P/S ratio of 0.3. Dell Inc. had an annual average earnings growth of 8.1% over the past 10 years. GuruFocus rated Dell Inc. the business predictability rank of 3.5-star. Dell recently reported its fiscal year 2013 second quarter financial results. The company announced revenues of $14.5 billion. GAAP earnings were 42 cents per share, and non-GAAP earnings of 50 cents per share. Dodge & Cox bought 24,043,200 shares in the quarter that ended on 06/30/2012, which is 0.41% of the $73.36 billion portfolio of Dodge & Cox. Brian Rogers bought 7,000,000 shares in the quarter that ended on 06/30/2012, which is 0.4% of the $21.98 billion portfolio of T Rowe Price Equity Income Fund. Michael Price bought 110,000 shares in the quarter that ended on 06/30/2012, which is 0.2% of the $692 million portfolio of MFP Investors LLC. Tom Gayner bought 225,000 shares in the quarter that ended on 06/30/2012, which is 0.13% of the $2.19 billion portfolio of Markel Gayner Asset Management Corp. Senior Vice President Brian T Gladden sold 25,000 shares of DELL stock on 09/04/2012 at the average price of $10.56. Brian T Gladden owns at least 378,916 shares after this. The price of the stock has decreased by 1.8% since. Other insiders have also decreased their positions in the company. Cardinal Health Inc. ( CAH ) Reached the 52-Week Low of $38.61 The prices of Cardinal Health Inc. ( CAH ) shares have declined to close to the 52-week low of $38.61, which is 17.6% off the 52-week high of $45.49. Cardinal Health Inc. is owned by 13 Gurus we are tracking. Among them, eight have added to their positions during the past quarter. Five reduced their positions. Cardinal Health Inc. is one of the providers of products and services to healthcare providers and manufacturers to help them improve the efficiency and quality of healthcare. Cardinal Health Inc. has a market cap of $13.07 billion; its shares were traded at around $38.61 with a P/E ratio of 11.9 and P/S ratio of 0.1. The dividend yield of Cardinal Health Inc. stocks is 2.5%. Cardinal Health Inc. had an annual average earnings growth of 0.2% over the past 10 years. Cardinal Health recently reported fourth-quarter fiscal year 2012 revenues of $26.8 billion and non-GAAP diluted earnings per share from continuing operations of $0.73, up 22 percent. The company reported fiscal year 2012 revenues increased 5 percent to $108 billion, and non-GAAP diluted EPS from continuing operations increased 15 percent to $3.21. David Dreman bought 75,621 shares in the quarter that ended on 06/30/2012, which is 0.074% of the $4.28 billion portfolio of Dreman Value Management. Edward Owens owns 6,236,708 shares as of 06/30/2012, which accounts for 1.2% of the $21.29 billion portfolio of Vanguard Health Care Fund. John Keeley owns 89,900 shares as of 06/30/2012, which accounts for 0.085% of the $4.44 billion portfolio of Keeley Fund Management. CFO Jeffrey William Henderson sold 79,410 shares of CAH stock on 09/10/2012 at the average price of $38.32. Jeffrey William Henderson owns at least 110,279 shares after this. The price of the stock has increased by 0.76% since. Enersis SA ( ENI ) Reached the 52-Week Low of $16.42 The prices of Enersis SA ( ENI ) shares have declined to close to the 52-week low of $16.42, which is 22.3% off the 52-week high of $20.78. Enersis SA is owned by five Gurus we are tracking. Among them, three have added to their positions during the past quarter. One reduced their position. Enersis SA, through its subsidiaries, generates and distributes electricity in Chile, Argentina and Peru. Enersis SA has a market cap of $10.88 billion; its shares were traded at around $16.42 with a P/E ratio of 12.3 and P/S ratio of 0.8. The dividend yield of Enersis SA stocks is 2.4%. Enersis SA had an annual average earnings growth of 5.2% over the past 10 years. John Hussman owns 8,000 shares as of 06/30/2012, which accounts for 0.0028% of the $5.32 billion portfolio of Hussman Economtrics Advisors. Telefonica Brasil SA ( VIV ) Reached the 52-Week Low of $21.86 The prices of Telefonica Brasil SA ( VIV ) shares have declined to close to the 52-week low of $21.86, which is 31.6% off the 52-week high of $31.22. Telefonica Brasil SA is owned by five Gurus we are tracking. Telefonica Brasil SA is engaged in providing communication, information and entertainment solutions in the telecommunication sector, in the State of Sao Paulo. Telefonica Brasil SA has a market cap of $8.71 billion; its shares were traded at around $21.86 with a P/E ratio of 11 and P/S ratio of 0.5. The dividend yield of Telefonica Brasil SA stocks is 3.2%. Telefonica Brasil SA had an annual average earnings growth of 10.4% over the past 10 years. GuruFocus rated Telefonica Brasil SA the business predictability rank of 2-star. Charles Brandes bought 2,798,776 shares in the quarter that ended on 06/30/2012, which is 0.85% of the $9.71 billion portfolio of Brandes Investment. John Hussman bought 23,000 shares in the quarter that ended on 06/30/2012, which is 0.011% of the $5.32 billion portfolio of Hussman Economtrics Advisors.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Chevron holds steady as energy stocks drop Oil major ends about flat after setting all-time high in previous session Oil major ends about flat after setting all-time high in previous session.""]"
EXC,2012-09-25,17.5018,17.5173,17.3787,17.3787,"After Hours Most Active for Sep 25, 2012 : WCRX, JBLU, SIRI, QQQ, INTC, FTE, MSFT, BBD, DAL, BAC, EXC, BSX The NASDAQ 100 After Hours Indicator is up 2.75 to 2,807.28. The total After hours volume is currently 30,661,896 shares traded. The following are the most active stocks for the after hours session : Warner Chilcott plc ( WCRX ) is +0.005 at $13.26, with 3,079,351 shares traded. As reported by Zacks, the current mean recommendation for WCRX is in the ""buy range"". JetBlue Airways Corporation ( JBLU ) is -0.011 at $4.88, with 2,757,299 shares traded. As reported in the last short interest update the days to cover for JBLU is 10.480932; this calculation is based on the average trading volume of the stock. Sirius XM Radio Inc. ( SIRI ) is +0.015 at $2.49, with 2,194,031 shares traded. SIRI's current last sale is 90.55% of the target price of $2.75. PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.08 at $68.84, with 1,747,697 shares traded. This represents a 37.42% increase from its 52 Week Low. Intel Corporation ( INTC ) is -0.025 at $22.51, with 1,319,356 shares traded. INTC's current last sale is 88.27% of the target price of $25.5. France Telecom S.A. ( FTE ) is unchanged at $12.70, with 1,307,260 shares traded. FTE's current last sale is 74.71% of the target price of $17. Microsoft Corporation ( MSFT ) is -0.08 at $30.31, with 1,272,046 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2013. The consensus EPS forecast is $0.76. As reported by Zacks, the current mean recommendation for MSFT is in the ""buy range"". Banco Bradesco Sa ( BBD ) is +0.01 at $16.21, with 1,020,978 shares traded. BBD's current last sale is 85.32% of the target price of $19. Delta Air Lines Inc. (New) ( DAL ) is unchanged at $9.02, with 953,988 shares traded. As reported by Zacks, the current mean recommendation for DAL is in the ""buy range"". Bank of America Corporation ( BAC ) is +0.015 at $8.94, with 858,674 shares traded. BAC's current last sale is 99.33% of the target price of $9. Exelon Corporation ( EXC ) is unchanged at $35.61, with 830,128 shares traded. EXC's current last sale is 93.71% of the target price of $38. Boston Scientific Corporation ( BSX ) is unchanged at $5.63, with 727,843 shares traded. BSX's current last sale is 93.83% of the target price of $6. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-09-26,17.4001,17.5173,17.3698,17.3737,
EXC,2012-09-27,17.3914,17.5018,17.3425,17.4001,
EXC,2012-09-28,17.3571,17.4206,17.279,17.3649,
EXC,2012-10-01,17.4061,17.4685,17.2536,17.279,"Entergy-ITC Transaction on Track - Analyst Blog Entergy Corporation ( ETR ) is moving ahead with its divestment plan for its electric transmission business for gross cash of $1.775 billion. The divested business would be merged with the operations of ITC Holdings Corporation ( ITC ). The planned spin-off and merger of the electric business into a subsidiary of ITC involves a multi-state and federal regulatory process. The company is making brisk progress in getting the necessary approvals. Taking the process to the next step, Entergy Arkansas Inc. along with ITC Holdings Corp. and ITC Midsouth LLC, filed a request at the Arkansas Public Service Commission to spin off the Arkansas electric transmission business and merge it into a subsidiary of ITC. Entergy noted that this transaction is a significant step toward meeting the challenges facing the entire electric industry driven by the need to upgrade infrastructure, modernize equipment and meet growing environmental and compliance requirements. Entergy is seeking approval to transfer more than 15,800 miles of interconnected transmission lines at voltages of 69kV and above and the associated substations to ITC. In Arkansas, ITC would serve wholesale customers including Entergy Arkansas and other entities using Entergy's transmission lines such as the Arkansas Electric Cooperative Corporation and the municipal electric authorities of the cities of Jonesboro, Conway, West Memphis, and Osceola, as well as independent power producers. Entergy's operating companies will continue to own and operate their respective distribution and generation businesses and will provide customer service, billing, outage reporting and restoration services to homes and businesses in the region. The companies also noted that 750 Entergy employees, including key leadership personnel from Entergy's transmission business, will become employees of ITC. ITC will have offices and warehouses throughout Arkansas and the rest of the Entergy service territory to ensure a local presence and timely response to stakeholder and system needs. New Orleans, Louisiana-based Entergy is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity and is the second largest nuclear generator in the U.S. Entergy delivers electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi and Texas. The company is the second largest U.S. nuclear power generator after Exelon Corporation ( EXC ). Earlier, in December 2011, Entergy entered into a definitive agreement with ITC Holdings under which the former will divest its electric transmission business to the latter. The divested business would be merged with the operations of ITC Holdings. The transaction will require consent from Entergy's retail regulators, the Federal Energy Regulatory Commission and ITC shareholders. The company expects the transaction to complete by 2013. Post-merger, ITC will become one of the largest electricity transmission companies in the U.S. Its area of operations will stretch from the Great Lakes to the Gulf Coast, with more than 30,000 miles of transmission lines. Per the divestiture agreement, Entergy will divest its electric transmission business to a newly formed entity known as Mid South TransCo LLC (""Transco"") which will be distributed to Entergy's shareholders in the form of a tax-free spin-off. Then, under an all-stock Reverse Morris Trust transaction, Transco will merge with and into a newly created merger subsidiary of ITC. Post-merger, Entergy will have an approximately 50.1% stake in ITC in exchange for their shares in TransCo. The balance 49.9% stake of the combined company will be with the existing shareholders of ITC. Entergy plans to utilize most of the cash proceeds from the transaction to redeem the debt at its utility operating companies and at the parent, Entergy. It expects the transaction to meet the criteria for tax-free treatment for U.S. federal income tax purposes. The divestiture will provide more investment alternatives and enhance the credit quality of Entergy and its operating subsidiaries. It will allow the company to invest more in its generation operations. Moreover, the transaction will not affect its retail customers and they will continue to receive the same high quality service as before. In the past, the company spent much effort to create its own independent grid. Currently, it is seeking to integrate its transmission operations into the Midwest Independent System Operator. Entergy presently retains a short-term Zacks #3 Rank (Hold) that corresponds with our long-term Neutral recommendation on the stock. ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ITC HOLDINGS CP (ITC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-10-02,17.3025,17.3787,17.1813,17.3425,
EXC,2012-10-03,17.3327,17.4304,17.3083,17.4001,"And the best market performance under Obama is … Since Obama's inauguration, gold and oil prices have more than doubled and major U.S. stock indexes have recouped all their losses from the U.S. financial crisis and recession."
EXC,2012-10-04,17.4548,17.615,17.4001,17.6004,
EXC,2012-10-05,17.6249,17.6492,17.4969,17.5291,"[""EXC Unit Delays Grid Upgrade Plan - Analyst Blog Exelon Corporation 's ( EXC ) subsidiary Commonwealth Edison Company (\""ComEd\"") has announced to delay its plan related to installation of few important elements of its grid modernization program under the Energy Infrastructure Modernization Act (\""EIMA\""). The company is taking this step due to denial of two of its main appeals related to cost recovery by the Illinois Commerce Commission (\""ICC\""). Currently, ComEd will delay some of its key elements until the company will get outcome from the courts. The new project operation plan will be replicated in the company's today's filing. Initially, ICC rejected ComEd's 13 issues related to the cost recovery; subsequently the commission agreed to reconsider only 3 of the issues. Finally, the verdict allowed the company to recover only pension costs, which will result the increase of average residential customer bill by approximately 0.7%, starting at the end of October, 2012. EIMA was introduced by Illinois General Assembly in the last year. The purpose of this regulation is to make investment for the development and modernization of the state's electric infrastructure, creation of jobs, enhance reliability and attract investment to the state. This rule also allows the utility providers the right to recover their actual investments in the future. To follow the EIMA, ComEd has started a 10-year investment program worth $2.6 billion. Per the program, the company will invest $1.3 billion to strengthen the electric system and an additional $1.3 billion will be deployed to adjoin new digital smart grid and advanced meter technology. In this year, the company has already invested substantial amount in smart grid technology and several projects associated with improvement of customer-reliability. Rolling out of this program will gradually enable ComEd to add value to its customers in terms of providing electricity service with less outages and faster restoration. It also offers customers more information along with minimization of electricity bill, which is expected to be more than $2.3 billion in customer savings. In addition, this new project will create 2,000 full-time jobs in the future. We know that utility providers invest regularly for improvement of energy transmission and distribution operations, and installation of modern technologies to provide uninterrupted services to its customers. Further, we believe it is difficult for the companies to follow these efforts with their own fund, therefore they appeal for the rate hike to recover their prior investments. ComEd has followed the same path, but the commission rejected the company's appeal due to differentiation of some conditions. The impact of rejection of appeals will be approximately $100 million annually in 2014, which will subsequently weaken ComEd's ability to finance its future long-term investment programs. Exelon Corporation currently retains a short-term Zacks #3 Rank (Hold Rating). Chicago, Illinois-based Exelon Corporation, a utility services holding company, engages in the generation, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers. The company competes with Ameren Corporation ( AEE ). AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Obama, 5 Romney stocks for voters\u2019 portfolios Presidential race offers investors a clear choice of potential winners Investing with an eye to the next administration can be tricky. And assumptions about which party is better for stocks could be hazardous as well. Still, there are \u201cObama stocks\u2019\u201d and \u201cRomney stocks\u201d to consider.""]"
EXC,2012-10-08,17.5389,17.5907,17.4343,17.5456,"Guru Stocks at 52-Week Lows: INTC, DCM, NSANY, CAJ, EXC According to GuruFocus' list of 52-week lows , these Guru stocks have reached their 52-week lows. Intel Corporation ( INTC ) Reached the 52-Week Low of $22.68 The prices of Intel Corporation ( INTC ) shares have declined to close to the 52-week low of $22.68, which is 25.1% off the 52-week high of $29.18. Intel Corporation is owned by 35 gurus we are tracking. Among them, 14 have added to their positions during the past quarter. Eighteen reduced their positions. Intel Corporation is one of the world's largest semiconductor chip maker. Intel Corporation has a market cap of $113.47 billion; its shares were traded at around $22.68 with a P/E ratio of 9.61 and P/S ratio of 2.1. The dividend yield of Intel Corporation stocks is 3.97%. Intel Corporation had an annual average earnings growth of 12.7% over the past 10 years. GuruFocus rated Intel Corporation the business predictability rank of 4-star . INTC recently reported quarterly revenue of $13.5 billion, operating income of $3.8 billion, net income of $2.8 billion and EPS of $0.54. The company generated approximately $4.7 billion in cash from operations, paid dividends of $1.1 billion and used $1.1 billion to repurchase stock. Ray Dalio owns 569,253 shares as of 06/30/2012, an increase of 137.73% from the previous quarter. This position accounts for 0.23% of the $6.73 billion portfolio of Bridgewater Associates. John Hussman owns 5,002,500 shares as of 06/30/2012, an increase of 24.98% from the previous quarter. This position accounts for 2.5% of the $5.32 billion portfolio of Hussman Economtrics Advisors. Michael Price owns 1,335,000 shares as of 06/30/2012, an increase of 24.19% from the previous quarter. This position accounts for 5.1% of the $692 million portfolio of MFP Investors LLC. President and CEO Paul S. Otellini sold 1,920,000 shares of INTC stock on 04/19/2012 at the average price of $27.82. Paul S. Otellini owns at least 915,316 shares after this. The price of the stock has decreased by 18.48% since. Other insiders have also decreased their positions in the company. NTT Docomo Inc. ( DCM ) Reached the 52-Week Low of $15.94 The prices of NTT Docomo Inc. ( DCM ) shares have declined to close to the 52-week low of $15.94, which is 17.3% off the 52-week high of $18.78. NTT Docomo Inc. is owned by four Gurus we are tracking. Among them, two have added to their positions during the past quarter. Two reduced their positions. NTT Docomo is the world's mobile communications company. NTT Docomo Inc. has a market cap of $66.1 billion; its shares were traded at around $15.94 with a P/E ratio of 10.99 and P/S ratio of 1.26. The dividend yield of NTT Docomo Inc. stocks is 2.03%. NTT Docomo Inc. had an annual average earnings growth of 5.4% over the past 10 years. GuruFocus rated NTT Docomo Inc. the business predictability rank of 3-star. Joel Greenblatt owns 12,086 shares as of 06/30/2012, an increase of 10.87% from the previous quarter. This position accounts for 0.015% of the $1.36 billion portfolio of Gotham Capital. Nissan Motor Co. Ltd. ( NSANY ) Reached the 52-Week Low of $17.06 The prices of Nissan Motor Co. Ltd. ( NSANY ) shares have declined to close to the 52-week low of $17.06, which is 23.8% off the 52-week high of $21.72. Nissan Motor Co. Ltd. is owned by one Guru we are tracking. Among them, one has added to his positions during the past quarter. Nissan Motor Company Ltd. manufactures and markets motor vehicles and parts. Nissan Motor Co. Ltd. has a market cap of $38.56 billion; its shares were traded at around $17.06 with a P/E ratio of 8.79 and P/S ratio of 0.32. The dividend yield of Nissan Motor Co. Ltd. stocks is 1.23%. Ken Fisher owns 254,370 shares as of 06/30/2012, an increase of 141.44% from the previous quarter. This position accounts for 0.014% of the $33.72 billion portfolio of Fisher Asset Management LLC. Canon Inc. ( CAJ ) Reached the 52-Week Low of $31.46 The prices of Canon Inc. ( CAJ ) shares have declined to close to the 52-week low of $31.46, which is 34.9% off the 52-week high of $48.29. Canon Inc. is owned by six Gurus we are tracking. Among them, two have added to their positions during the past quarter. Three reduced their positions. Canon Inc. is an industry leader in professional and consumer imaging equipment and information systems. Canon Inc. has a market cap of $37.34 billion; its shares were traded at around $31.46 with a P/E ratio of 11.87 and P/S ratio of 0.82. The dividend yield of Canon Inc. stocks is 4.48%. Canon Inc. had an annual average earnings growth of 8% over the past 10 years. Canon recently reported its second quarter 2012 financial results. The company announced that its net sales for the three months ended June 30, 2012, was $11.4 billion, an increase of 7.5% over the previous year. Net income attributable to shareholders per share was 55 cents per share. Tweedy Browne owns 15,585 shares as of 06/30/2012, which accounts for 0.022% of the $2.84 billion portfolio of Tweedy Browne Co. LLC. Ron Baron owns 19,000 shares as of 06/30/2012, which accounts for 0.0048% of the $15.83 billion portfolio of Baron Funds. Charles Brandes owns 2,058,170 shares as of 06/30/2012, which accounts for 0.85% of the $9.71 billion portfolio of Brandes Investment. Exelon Corporation ( EXC ) Reached the 52-Week Low of $35.91 The prices of Exelon Corporation ( EXC ) shares have declined to close to the 52-week low of $35.91, which is 23.1% off the 52-week high of $45.34. Exelon Corporation is owned by 16 Gurus we are tracking. Among them, seven have added to their positions during the past quarter. Twelve reduced their positions. Exelon Corporation is a utility holding company. Its subsidiaries are engaged principally in the production, purchase, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers and the distribution and sale of natural gas to residential, commercial and industrial customers. Exelon Corporation has a market cap of $30.65 billion; its shares were traded at around $35.91 with a P/E ratio of 10.56 and P/S ratio of 1.6. The dividend yield of Exelon Corporation stocks is 5.85%. Exelon Corporation had an annual average earnings growth of 8.5% over the past 10 years. EXC recently reported its second quarter 2012 financial results. The company announced that net income was $522 million for the second quarter of 2012, compared to $697 million in the second quarter of 2011. Diluted EPS was 61 cents per share during the second quarter of 2012. Hotchkis & Wiley owns 10,005,559 shares as of 06/30/2012, which accounts for 2.4% of the $15.8 billion portfolio of Hotchkis & Wiley Capital Management LLC. Brian Rogers owns 6,006,400 shares as of 06/30/2012, which accounts for 1% of the $21.98 billion portfolio of T Rowe Price Equity Income Fund. PRIMECAP Management owns 377,000 shares as of 06/30/2012, which accounts for 0.024% of the $59.94 billion portfolio of PRIMECAP Management. Ronald Muhlenkamp owns 26,630 shares as of 06/30/2012, which accounts for 0.23% of the $429 million portfolio of Muhlenkamp Fund. Meridian Funds owns 12,183 shares as of 06/30/2012, which accounts for 0.015% of the $3 billion portfolio of Meridian Fund. John Hussman owns 1,000 shares as of 06/30/2012, which accounts for less than 0.01% of the $5.32 billion portfolio of Hussman Economtrics Advisors. President and CEO, BGE Kenneth William Defontes Jr. sold 7,500 shares of EXC stock on 08/03/2012 at the average price of 38.33. Kenneth William Defontes Jr. owns at least 29,416 shares after this. The price of the stock has decreased by 6.31% since.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-10-09,17.5339,17.6942,17.4969,17.6385,"Are You Stuck With Your Investing Style? - Real Time Insight I definitely consider myself to be a value investor. I shun growth stocks and instead zero-in on those with decent yields, low amounts of debt, and reasonable key ratios such as Price-to-Earnings, Price-to-Book, and Price-to-Cash Flow. My investing screens rarely allow for stocks that have PEs above 20, those with high debt, or upstart firms that aren't currently profitable. Of course there are some exceptions to this rule with a small portion of my portfolio, far and wide my investment lineup consists of 'boring' stocks like EXC and PM to name a few. Yet, deep down I know that I am certainly missing out on high flyers with this strategy. Although I definitely like Amazon ( AMZN ) and have thought about Chipotle ( CMG ) in years past, I simply cannot justify paying for the growth that is supposedly baked into these securities. Currently, the forward PE that we are showing on Zacks.com for AMZN is over 370. Despite the many growth avenues that are open to the firm-in the form of increased international expansion and more media sales via the Kindle and Kindle Fire-I cannot rationalize buying up shares in a $110 billion company that has such an absurd forward price-to-earnings ratio (read Try Value Investing with These Large Cap ETFs ). Meanwhile, in the case of EXC, although it doesn't have-if we are going to be honest-any real growth prospects, its reasonable PE and a yield over 5.75% make it too enticing to pass up, at least to me. Furthermore, the safety of the utility structure is also very appealing, unlike the riskiness of Amazon and its fight to not only be a retail king, but a force in the tablet market as well. As you can tell from the paragraphs above, I am very biased in my investing strategy towards value, but I have also seen a similar trend among more 'growth' oriented investors as well. I know of at least a few people who shun any stock that pays a dividend, or those who demand an outsized growth rate in order to even consider investing in a stock, suggesting that the trend goes both ways (see Three Best Performing Small Cap Growth ETFs ). Perhaps, value investors are just hard-wired to avoid growth, and those who dabble in riskier stocks are unable to bring themselves to purchase the more mundane companies? At first I thought this might be a bad thing as it eliminates a huge chunk of the investing landscape, but now I am wondering if, instead, it allows investors to focus in on whatever they believe works and forgo trying to develop dual strategies, which seems likely to result a subpar mixture of the two distinct styles. Personally, I cannot think of anyone that has a true 'blend' investing style-and does it effectively-but what about you? Do you also find yourself stuck in a particular investment style or have you developed any effective strategies for opening up your portfolio to growth if you are a value investor (or vice versa if you are growth investor)? Let us know what you think in the comments below! Disclosure: Long PM and EXC AMAZON.COM INC (AMZN): Free Stock Analysis Report CHIPOTLE MEXICN (CMG): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PHILIP MORRIS (PM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-10-10,17.6688,17.745,17.6297,17.7176,"20 Biggest Dividend Payers From The Utility Sector Submitted by Dividend Yield as part of our contributors program . Largest Utility Dividend Stocks Researched By "" long-term-investments.blogspot.com "". The utility sector offers a stable investment environment with high dividend yields and robust business models. Let's take a look at the biggest dividend stocks. The whole sector has a total market capitalization of USD 22.01 trillion and includes 119 stocks of which 104 pay dividends. I made a screen of the biggest dividend payer within the utility sector. Below the 20 biggest dividend stocks are 13 electric utilities; Two of them are high yields. Here are my favorite stocks: Exelon Corporation ( EXC ) has a market capitalization of $30.65 billion. The company employs 19,267 people, generates revenue of $18,924.00 million and has a net income of $2,495.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $5,815.00 million. The EBITDA margin is 30.73 percent (operating margin 23.67 percent and net profit margin 13.18 percent). Financial Analysis: The total debt represents 24.49 percent of the company's assets and the total debt in relation to the equity amounts to 93.79 percent. Due to the financial situation, a return on equity of 17.86 percent was realized. Twelve trailing months earnings per share reached a value of $2.43. Last fiscal year, the company paid $2.10 in form of dividends to shareholders. Market Valuation: Here are the price ratios of the company: The P/E ratio is 14.78, P/S ratio 1.62 and P/B ratio 1.66. Dividend Yield: 5.85 percent. The beta ratio is 0.51. National Grid ( NGG ) has a market capitalization of $40.96 billion. The company employs 25,645 people, generates revenue of $22,316.52 million and has a net income of $3,288.10 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $7,649.12 million. The EBITDA margin is 34.28 percent (operating margin 25.08 percent and net profit margin 14.73 percent). Financial Analysis: The total debt represents 48.64 percent of the company's assets and the total debt in relation to the equity amounts to 249.22 percent. Due to the financial situation, a return on equity of 22.25 percent was realized. Twelve trailing months earnings per share reached a value of $4.58. Last fiscal year, the company paid $3.17 in form of dividends to shareholders. Market Valuation: Here are the price ratios of the company: The P/E ratio is 12.29, P/S ratio 1.84 and P/B ratio 2.80. Dividend Yield: 5.53 percent. The beta ratio is 0.62. Duke Energy ( DUK ) has a market capitalization of $45.75 billion. The company employs 18,440 people, generates revenue of $14,529.00 million and has a net income of $1,713.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $4,575.00 million. The EBITDA margin is 31.49 percent (operating margin 19.06 percent and net profit margin 11.79 percent). Financial Analysis: The total debt represents 33.59 percent of the company's assets and the total debt in relation to the equity amounts to 92.22 percent. Due to the financial situation, a return on equity of 7.53 percent was realized. Twelve trailing months earnings per share reached a value of $3.36. Last fiscal year, the company paid $2.97 in form of dividends to shareholders. Market Valuation: Here are the price ratios of the company: The P/E ratio is 19.33, P/S ratio 3.15 and P/B ratio 1.27. Dividend Yield: 4.71 percent. The beta ratio is 0.33. Consolidated Edison ( ED ) has a market capitalization of $17.64 billion. The company employs 15,016 people, generates revenue of $12,938.00 million and has a net income of $1,062.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $3,123.00 million. The EBITDA margin is 24.14 percent (operating margin 17.31 percent and net profit margin 8.21 percent). Financial Analysis: The total debt represents 27.22 percent of the company's assets and the total debt in relation to the equity amounts to 91.64 percent. Due to the financial situation, a return on equity of 9.34 percent was realized. Twelve trailing months earnings per share reached a value of $3.61. Last fiscal year, the company paid $2.40 in form of dividends to shareholders. Market Valuation: Here are the price ratios of the company: The P/E ratio is 16.67, P/S ratio 1.36 and P/B ratio 1.42. Dividend Yield: 4.02 percent. The beta ratio is 0.22. Take a closer look at the full table of the biggest utility dividend stocks. The average price to earnings ratio (P/E ratio) amounts to 17.48 and forward P/E ratio is 14.45. The dividend yield has a value of 4.06 percent. Price to book ratio is 1.68 and price to sales ratio 1.79. The operating margin amounts to 18.78 percent and the beta ratio is 0.46. The average stock has a debt to equity ratio of 1.36. Selected Articles: · The Best Yielding Large Cap Utility Stocks · 12 Utility Dividend Stocks With Accelerated Earnings Growth · The Most Profitable Utility Dividend Stocks · 15 Utility Dividend Stocks With Buy Or Better Rating The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-10-11,17.7557,18.0059,17.62,17.8076,"Southern Co Unit Partners TradeWind - Analyst Blog Alabama Power Co. - a unit of Atlanta-based electric utility firm Southern Co. ( SO ) - entered into a power purchase deal with Kansas-based wind power developer TradeWind Energy, LLC. Per the agreement, 202 megawatts (MW) of electricity will be delivered from the Buffalo Dunes wind farm in Kansas across five states to communities in Alabama. Earlier in September, the 20 year power purchase deal and all related renewable energy credits (RECs) received the approval of the Alabama Public Service Commission. The project will span 42,000 acres and will be hosted by more than 120 landowners based in Haskell, Grant and Finney Counties in Kansas. The deal will enable Alabama Power to supply the electricity generated from the wind project to serve its customers and consequently retire RECs. It can also sell the electricity and the RECs to third parties, jointly or separately. The Buffalo Dunes Wind Project will involve an investment of about $300 million. Commercial operations are expected to start in December 2013. The capacity of the wind farm would be 200 to 405 MW upon its completion. This project exemplifies the inherent growth potential of Midwest wind resources to serve the power requirements of consumers in eastern United States. Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corporation ( EXC ) and Duke Energy Corporation ( DUK ) - serves both regulated and competitive markets across Southeastern U.S. It is a holding company for four regulated Southern electric utilities that serve about 4.4 million customers - Georgia Power, Alabama Power, Gulf Power and Mississippi Power. Southern Company has a Zacks #3 Rank (Hold rating) for the short term. We are Neutral on the shares for the longer term. DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHN COMPANY (SO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-10-12,17.8632,17.8788,17.5701,17.6249,
EXC,2012-10-15,17.6249,17.8447,17.5809,17.8447,
EXC,2012-10-16,17.8935,17.9561,17.7176,17.8076,"Entergy Provides 3Q & FY12 Outlook - Analyst Blog Integrated energy company, Entergy Corporation ( ETR ) provided third-quarter 2012 preliminary operational earnings expectation of approximately $1.94 per share and as-reported earnings expectation of approximately $1.88 per share. Results for third-quarter 2011 were $3.53 per share on both as an as-reported basis and operational basis. The decrease in third-quarter 2012 earnings reflect decline in all the three segments, Utility, Entergy Wholesale Commodities and Parent & Other segment. The special item in the third quarter of 2012 was due to expenses associated with the proposed spin-off and merger of Entergy's electric transmission business with ITC Holdings Corporation ( ITC ). Entergy had earlier, in December 2011, entered into a definitive agreement with ITC Holdings, under which the former will divest its electric transmission business to the latter for gross cash of $1.775 billion. The divested business would be merged with the operations of ITC Holdings. Recently, Entergy Arkansas Inc. along with ITC Holdings Corp. and ITC Midsouth LLC, filed a request at the Arkansas Public Service Commission to spin off the Arkansas electric transmission business and merge it into a subsidiary of ITC. The company expects the transaction to complete by 2013. Entergy also reaffirmed its previously issued operational earnings guidance for 2012. Segment Details Utility The quarter-over-quarter decrease in Utility's operational earnings reflects higher income tax expense, higher non-fuel operation and maintenance expense and higher depreciation expense. Retail billed sales volume declined due to the net effect of weather and Hurricane Isaac. Overall, weather was warmer-than-normal. However, it was less favorable in comparison to the significantly warmer-than-normal temperatures experienced in the year-ago quarter. However, these expenses were partially offset by an increase in Utility net revenue. Improvement in Utility net revenue was driven by the absence of the 2011 regulatory charge for customer sharing of the IRS settlement benefits and other pricing adjustments. Entergy Wholesale Commodities (EWC) The segment's quarter-over-quarter decrease in earnings reflects lower net revenue that declined due to lower pricing of the nuclear fleet. The downside also reflects higher non-fuel operation and maintenance expense and lower nuclear production due to more unplanned and refueling outages. However, these negatives were partially offset by a lower effective income tax rate at EWC and lower depreciation expense. Parent & Other At Parent & Other, sequential decline reflects an increase in income tax expense on Parent & Other activities and higher interest expense. Earnings Guidance Entergy reaffirmed its previously issued 2012 operational earnings guidance in the range of $4.85 to $5.65 per share. The company expects earnings to be at the higher end of the guidance. However, Entergy updated its as-reported earnings guidance for 2012 to a range of $3.44 to $4.24 per share. This includes approximately $1.41 per share of special items for the asset impairment of the Vermont Yankee nuclear power plant and the transmission business spin-off and merger expenses that were incurred in the first three quarters of 2012. Entergy is expected to release its third-quarter 2012 earnings on October 30, 2012. The Zacks Consensus Estimates for third-quarter 2012 and fiscal 2012 are currently pegged at $2.20 per share and $5.47 per share, respectively. New Orleans, Louisiana based Entergy is primarily engaged in electric power production and retail distribution of power. With 30,000MW of generating capacity, the company distributes electricity to 2.8 million customers in Arkansas, Louisiana, Mississippi, and Texas. Of this, 14,631MW are gas/oil based, 2,259 are coal based, 70MW are hydro based and the rest are nuclear based. The company also distributes natural gas to 240,000 customers in Louisiana. Entergy is the second largest U.S. nuclear power generator after Exelon Corporation ( EXC ). Entergy is well positioned with its geographically-diverse mix of regulated and merchant operations. The company is focused on maximizing its shareholder value through steady investment for rate base growth, as well as through its ongoing stock buyback program and incremental dividend. However, we are concerned regarding the tepid growth of its competitive business due to lukewarm power demand in the Northeast, pending regulatory approvals and the fate of its Indian Point plant. Entergy retains a short-term Zacks #3 Rank (Hold) rating. We also have a long-term Neutral recommendation on the stock. ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ITC HOLDINGS CP (ITC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-10-17,17.8632,18.1319,17.8495,18.1144,
EXC,2012-10-18,18.1466,18.2991,18.0929,18.2941,
EXC,2012-10-19,18.2991,18.3048,18.001,18.0635,
EXC,2012-10-22,18.001,18.0635,17.8731,17.9806,
EXC,2012-10-23,17.8301,17.8632,17.6688,17.6991,
EXC,2012-10-24,17.7235,17.7235,17.4881,17.5076,
EXC,2012-10-25,17.5663,17.5701,17.2878,17.3953,
EXC,2012-10-26,17.4001,17.4392,17.279,17.322,
EXC,2012-10-31,17.3327,17.4822,17.2838,17.4636,"Pre-Market Earnings Report for November 1, 2012 : XOM, PFE, EPD, ABX, BCE, APA, EXC, TEVA, ADP, SE, K, MPC The following companies are expected to report earnings prior to market open on 11/01/2012. Visit our Earnings Calendar for a full list of expected earnings releases. Exxon Mobil Corporation ( XOM ) is reporting for the quarter ending September 30, 2012. The oil company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.96. This value represents a -7.98% decrease compared to the same quarter last year. The last two quarters XOM had negative earnings surprises; the latest report they missed by -7.69%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for XOM is 11.74 vs. an industry ratio of -0.60, implying that they will have a higher earnings growth than their competitors in the same industry. Pfizer, Inc. ( PFE ) is reporting for the quarter ending September 30, 2012. The large cap pharmaceutical company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.52. This value represents a -16.13% decrease compared to the same quarter last year. In the past year PFE has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 12.73%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for PFE is 11.56 vs. an industry ratio of 14.20. Enterprise Products Partners L.P. ( EPD ) is reporting for the quarter ending September 30, 2012. The oil/gas company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.60. This value represents a 9.09% increase compared to the same quarter last year. In the past year EPD has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 8.47%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for EPD is 21.03 vs. an industry ratio of 25.40. Barrick Gold Corporation ( ABX ) is reporting for the quarter ending September 30, 2012. The gold mining company's consensus earnings per share forecast from the 16 analysts that follow the stock is $0.97. This value represents a -29.71% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for ABX is 9.63 vs. an industry ratio of 0.00, implying that they will have a higher earnings growth than their competitors in the same industry. BCE, Inc. ( BCE ) is reporting for the quarter ending September 30, 2012. The diversified company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.78. This value represents a -14.29% decrease compared to the same quarter last year. BCE missed the consensus earnings per share in the 4th calendar quarter by -3.08%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for BCE is 13.31 vs. an industry ratio of 9.50, implying that they will have a higher earnings growth than their competitors in the same industry. Apache Corporation ( APA ) is reporting for the quarter ending September 30, 2012. The oil (us exp & production) company's consensus earnings per share forecast from the 22 analysts that follow the stock is $2.27. This value represents a -23.05% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for APA is 8.29 vs. an industry ratio of 42.80. Exelon Corporation ( EXC ) is reporting for the quarter ending September 30, 2012. The electric power utilities company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.72. This value represents a -35.71% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for EXC is 12.91 vs. an industry ratio of 13.50. Teva Pharmaceutical Industries Limited ( TEVA ) is reporting for the quarter ending September 30, 2012. The medical company's consensus earnings per share forecast from the 19 analysts that follow the stock is $1.25. This value represents a no change for the same quarter last year. TEVA missed the consensus earnings per share in the 2nd calendar quarter by -0.78%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for TEVA is 7.54 vs. an industry ratio of 13.90. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending September 30, 2012. The outsourcing company's consensus earnings per share forecast from the 20 analysts that follow the stock is $0.62. This value represents a 1.64% increase compared to the same quarter last year. In the past year ADP has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ADP is 19.86 vs. an industry ratio of -47.60, implying that they will have a higher earnings growth than their competitors in the same industry. Spectra Energy Corp ( SE ) is reporting for the quarter ending September 30, 2012. The oil (production/pipeline) company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.31. This value represents a -18.42% decrease compared to the same quarter last year. The last two quarters SE had negative earnings surprises; the latest report they missed by -8.33%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for SE is 18.37 vs. an industry ratio of 21.70. Kellogg Company ( K ) is reporting for the quarter ending September 30, 2012. The food company's consensus earnings per share forecast from the 17 analysts that follow the stock is $0.81. This value represents a 1.25% increase compared to the same quarter last year. K missed the consensus earnings per share in the 3rd calendar quarter by -10.11%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for K is 16.03 vs. an industry ratio of 44.20. Marathon Petroleum Corporation ( MPC ) is reporting for the quarter ending September 30, 2012. The oil refining company's consensus earnings per share forecast from the 10 analysts that follow the stock is $3.29. This value represents a 4.11% increase compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for MPC is 6.12 vs. an industry ratio of 18.30. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-11-01,17.5701,17.9806,16.2248,16.3898,"[""Exelon Beats EPS, Ups Guidance - Analyst Blog Exelon Corporation ( EXC ) announced third-quarter 2012 operating earnings of 77 cents per share, lower than the year-ago figure of $1.12 per share but ahead of the Zacks Consensus Estimate by 5 cents. Earnings were above the guidance range of 65 cents to 75 cents for the quarter. However, the year-over-year is attributable to lower energy margins at Generation, higher operation and maintenance cost and increase in the average diluted shares outstanding as a result of its merger with Constellation. The downside was partially offset by contributions from Constellation and a decline in storm related costs. Reported quarter earnings included one-time items like a 2 cent gain from mark-to-market impact of economic hedging activities and a 4 cent gain from Nuclear Decommissioning Trust Fund Investments. The reported quarter also included a charge of 21 cents from commodity contracts intangibles, 4 cents for the Constellation merger and integration costs, 22 cents for plant retirements and divestitures and 1 cent for asset retirement obligation. Adjusting for these extraordinary items, Exelon reported net earnings of 35 cents per share, comparing unfavorably with 90 cents per share in the prior-year quarter. Total Revenue Exelon's total operating revenue for third-quarter 2012 was $7.02 billion, reflecting year-over-year growth of 34.6%. Reported quarter revenue missed the Zacks Consensus Estimate of $8.3 billion. Quarterly Highlights During the quarter, total operating expenses increased sharply 50.4% year over year to $5.85 billion largely due to higher purchase power and fuel, and operating & maintenance costs. The hike in operating expenses during the reported quarter impacted the operating income of the company. Operating income in the reported quarter declined 6.6% year over year to $1.23 billion. Segment Update Generation : Operating revenue increased 61.3% year over year to $4.49 billion from $2.79 billion a year ago. Net income dropped 12.3% to $458 million. Exelon Generation achieved a nuclear capacity factor of 90.7% in the third quarter of 2012 versus 95.8% in the year-ago quarter. Generation's average realized margin on all electric sales, including sales to affiliates and excluding trading activity, was $25.96 per megawatt/hour (MWh) in the quarter, compared with $39.19 per MWh in the prior-year quarter. Commonwealth Edison Company (ComEd) : Operating revenue decreased 16.8% year over year to $1.48 billion. Net income dropped 20.3% year over year to $90 million. In the third quarter of 2012, cooling degree-days in the ComEd service territory were up 9.4% versus the same period in 2011 and were 40.1% above normal. In the third quarter of 2012, heating degree-days in the ComEd service territory were down 27.2% versus the same period in 2011 and were 10.1% below normal. Total retail electric deliveries increased 2.1% sequentially. Weather-normalized retail electric deliveries increased 0.2% year over year in the third quarter of 2012, reflecting increases in deliveries to residential and public authorities & railroads. PECO Energy Company (PECO) : Operating revenue declined 14.8% year over year to $806 million. Net income increased to $124 million from $103 million reported in the year-ago period. During the reported quarter, cooling degree-days in the PECO service territory were up 2.6% versus the same period in 2011 and were 21.8% above normal. In the third quarter of 2012, heating degree-days in the PECO service territory were down 22.2% from 2011 and were 60.0% below normal. Total retail electric deliveries were down 2.3% sequentially. On the retail gas side, deliveries in the third quarter of 2012 were down 4.4% from the year-ago period. BaltimoreGas and Electric (BGE) : Operating revenue totaled $720 million in the third quarter and incurred a net loss of $3 million. Financial Update The company exited the quarter with cash and cash equivalents of $1,773 million versus $1,056 million at the end of 2011. Long-term debt as of September 30, 2012 totaled $18.24 billion versus $12.2 billion at year-end 2011. Cash provided by operating activities in the first nine months of 2012 was $4,557 million versus $2,917 million in the comparable period last year. Capital expenditure in the first nine months of 2012 increased to $4,145 million from $2,972 million in the comparable year-ago period. Guidance Exelon Corporation revised its earnings expectation for 2012 upwards. The current earnings expectation for 2012 is in the range of $2.75 to $2.95 per share, up from the prior range of $2.55 to $2.85 per share. Exelon expects to generate 219,500 GWh of power assuming that its nuclear plants will achieve an average capacity factor of 92.8% in 2012. The company expects cash from operations in 2012 to be $5.82 billion and also forecasts the issue of new debts of $1.72 billion during 2012. It hopes to retire $1.12 billion of debt during the year. Hedges Exelon's hedging program involves the hedging of commodity risks for expected generation, typically on a ratable basis over a three-year period. The proportion of expected generation hedged as of September 30, 2012, is 99% - 102% for 2012, 88% - 91% for 2013, 56% - 59% for 2014 and 21% - 24% for 2015. Peer Comparison Ameren Corporation ( AEE ), which competes with Exelon Corporation, is scheduled to report its third quarter results before the market opens on November 9, 2012. The Zacks Consensus Estimates for EPS and total revenue for third quarter 2012 are presently pegged at $1.42 and $2,126 million, respectively. Our View Exelon's completion of merger with Constellation benefited results in the quarter under review. We expect Exelon to realize further synergies going forward. The company revised its earnings guidance for 2012 upwards taking into consideration the strong performance of the quarter under review. We nevertheless expect the estimates for the year to come down after the full impact of Hurricane Sandy is assessed. Exelon Corporation currently retains a short-term Zacks #3 Rank (Hold rating). Based in Chicago, Illinois, Exelon Corporation, a utility services holding company, engages in the generation, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers. With a market capitalization of $30.54 billion, the company has 19,267 full time employees. AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""PSEG drops after Sandy; WPX Energy weighs Exxon Mobil Corp.\u2019s earnings fall 7%, shares tick higher Exxon Mobil Corp.\u2019s earnings fall 7%, shares trade flat as energy stocks trail big gains in the broad equities market as investors digest a slew of corporate earnings in the sector.""]"
EXC,2012-11-02,16.3644,16.3644,15.7206,15.9942,
EXC,2012-11-05,15.8086,15.9404,15.4968,15.6229,"Southern Co Squeezed by Mild Weather - Analyst Blog Electric utility firm Southern Company ( SO ) reported weaker-than-expected third quarter 2012 earnings on the back of tepid industrial activity and lower usage due to mild weather conditions. The company reported earnings per share of $1.11, lagging the Zacks Consensus Estimate by 3 cents. However, the Atlanta, Georgia-based power supplier's per share profits came higher than the third quarter 2011 level of $1.07 amid a drop in costs. Quarterly revenue at $5,049.0 million was down 7.0% year over year and was significantly below the Zacks Consensus Estimate of $6,091.0 million. Milder-than-normal weather across most of the country curbed electricity demand for air conditioning. This brought about a downward movement in overall electricity sales and usage. Total electricity sales during the third quarter were down 4.9% from the same period last year. Total retail sales fell by 4.0%, reflecting lower demand from residential customers, which deteriorated by 7.2%. Commercial sales registered a year-over-year decline of 2.4%. In particular, industrial sales fell 1.9%, pulling down Southern's third quarter results. With approximately a third of the company's total retail sales coming from industrial customers, direction of the economy significantly affects the fortunes of Southern, as compared to other utilities that are less dependent on the industrial component. Expenses Summary The company's operations and maintenance expense decreased 7.8% year over year, the first quarterly decline following two successive increases. Additionally, Southern's total operating expense for the period, at $3,309.0 million, was approximately 12.4% lower than the prior-year level. Outlook Management admitted to near-term uncertainties in the form of a stuttering global economy, the looming presidential election and the impending 'fiscal cliff.' However, Southern believes that the long-term prospects for the business remain robust. Rating & Recommendation Southern Co. currently retains a Zacks #3 Rank (short-term Hold rating). We are also maintaining our long-term Neutral recommendation on the stock. Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corporation ( EXC ) and Duke Energy Corporation ( DUK ) - serves both regulated and competitive markets across the Southeastern U.S. It is a holding company for four regulated Southern electric utilities that serve about 4.4 million customers: Georgia Power, Alabama Power, Gulf Power and Mississippi Power. One of the largest and best-managed electric utility holding entities in the U.S., Southern Company dominates the power business across the southeastern region. With a good rate base growth and constructive regulation, we expect the firm to generate steady earnings and dividend growth in the coming years through its long-term power contracts. However, the challenging economic environment may hamper Southern Company's results in the next few quarters. We are also concerned by its high level of Vogtle-related spending, which may result in reduced returns going forward. Consequently, we do not anticipate a significant upside in the near future and expect the stock to perform in line with the broader market. DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHN COMPANY (SO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-11-06,15.6151,15.702,15.4227,15.5926,"[""ETR Misses, Provides 2013 Outlook - Analyst Blog Before the bell, Entergy Corporation ( ETR ) reported its third quarter 2012 results. In the reported quarter, the company posted operational earnings per share (\""EPS\"") of $1.95, which missed the Zacks Consensus Estimate of $1.96. Earnings also came in much lower than the year-ago quarter's $3.53. On a reported basis, including one-time items, earnings per share came in at $1.89 for the reported quarter, compared with earnings of $3.53 per share in the year-ago quarter. Operational Results Revenue in the reported quarter fell 12.7% year over year to approximately $3.0 billion, falling short of the Zacks Consensus Estimate of $3.5 billion. Of this Electricity revenue was down 15.1% to $2.3 billion, Natural Gas was down 10.9% to $23.6 million, and Competitive Businesses was down 2.5% to $619.6 million. Entergy overall reported a net income attributable to the company of $337.1 million versus net income of $628.1 million in the prior-year period. Segment Results Utility In third quarter 2012, Utility earnings were $296.2 million on an as-reported basis and $306.8 million on an operational basis, compared with $524.1 million on both as-reported and operational bases in third quarter 2011. The year-over-year variance was due largely to the absence of the net earnings benefit from a 2011 IRS settlement that resulted in a significant reduction in income tax expense, and a decrease in net revenue attributable to a regulatory charge. Overall, weather was warmer than normal during the reported quarter, but fell short of the significantly above-normal temperatures experienced in the third quarter of 2011. The decreases were largely offset by the net effect of regulatory actions in several jurisdictions and increased net revenue attributable to weather-adjusted volume. Although total weather-adjusted retail sales growth was essentially flat, net revenue increased from sales growth due to growth in the higher-margin residential and commercial segments. Higher non-fuel operation and maintenance expense and higher depreciation expense also resulted in the quarter-over-quarter earnings decline. Those were partially offset by deferral or capitalization of Isaac storm restoration costs. Residential sales in third quarter 2012, on a weather-adjusted basis, increased 1.4% year over year. Commercial and governmental sales, on a weather-adjusted basis, increased 0.9% quarter over quarter. Industrial sales in the third quarter decreased 2.5% over the prior year. Billed retail sales growth on a weather-adjusted basis was essentially flat quarter over quarter. Growth in residential and commercial and governmental sales was offset by a decline in industrial sales. The industrial sales decrease was due partly to an outage at a large industrial customer. Entergy Wholesale Commodities Entergy Wholesale Commodities' as-reported and operational earnings were $118.8 million for third quarter 2012, compared with $130.2 million for third quarter 2011. The decline was due largely to lower net revenue from the nuclear portfolio primarily on lower energy pricing. The average realized revenue per megawatt hour for the nuclear fleet was approximately $52, down from approximately $56 in the same period last year. While nuclear generation declined due to an increase in refueling and unplanned outage days, the effect of outage days was partially offset by the exercise of re-supply options provided for in power purchase agreements. Lower net revenue from Entergy Wholesale Commodities' nuclear fleet was partially offset by net revenue from the 583-megawatt Rhode Island State Energy Center, which was acquired in December 2011. Higher non-fuel operation and maintenance expense also led to the operational adjusted earnings decline, driven by higher compensation and benefits costs and the Rhode Island State Energy Center acquisition. These items were partially offset by lower depreciation expense and a lower effective income tax rate. Parent & Other Parent & Other reported a loss of $77.9 million on both as-reported and operational bases for third quarter 2012. This compares to a loss of $26.3 million on both as-reported and operational bases in third quarter 2011. Higher income tax expense was the primary factor driving the variance. Higher interest expense also contributed to the variance. Financial Condition Entergy in the reported quarter generated approximately $1.0 billion from operating activities compared with $1.2 billion in the year-ago period. Cash and cash equivalents at the end of the reported period were $749.7 million versus $694.4 million at year-end 2011. Long-term debt increased to approximately $11.7 billion from slightly above $10.0 billion at year-end 2011. Guidance Entergy updated its 2012 earnings guidance range to $3.44-$4.24 per share on an as-reported basis and reaffirmed operational guidance range of $4.85-$5.65 per share. The revised as-reported guidance range reflects special items recorded in the reported quarter for expenses in connection with the proposed spin-off and merger of Entergy's transmission business with ITC Holdings Corporation ( ITC ). Earlier, in December 2011, Entergy entered into a definitive agreement with ITC Holdings under which the former will divest its electric transmission business to the latter for gross cash of $1.775 billion. The divested business would be merged with the operations of ITC Holdings. Entergy also provided 2013 earnings guidance in the range of $4.60-$5.40 per share on both an as-reported basis and an operational basis. Outlook New Orleans, Louisiana-based Entergy is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity and is the second-largest nuclear generator in the United States. Entergy delivers electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi and Texas. The company is the second largest U.S. nuclear power generator after Exelon Corporation ( EXC ). Entergy is also on track with its plan of divesting its electric transmission business to ITC Holdings. The transaction will require the consent from Entergy's retail regulators, the Federal Energy Regulatory Commission and ITC shareholders. The company expects the transaction to complete by 2013. Post-merger, ITC will become one of the largest electricity transmission companies in the U.S. Its area of operations will stretch from the Great Lakes to the Gulf Coast, with more than 30,000 miles of transmission lines. Per the agreement, Entergy will divest its electric transmission business to a newly formed entity known as Mid South TransCo LLC (\""Transco\"") which will be distributed to Entergy's shareholders in the form of a tax-free spin-off. Then, under an all-stock Reverse Morris Trust transaction, Transco will merge with and into a newly created merger subsidiary of ITC. Post-merger, Entergy will have an approximately 50.1% stake in ITC in exchange for their shares in TransCo. The balance 49.9% stake of the combined company will be with the existing shareholders of ITC. Entergy plans to utilize most of the cash proceeds from the transaction to redeem the debt at its utility operating companies and at the parent, Entergy. It expects the transaction to meet the criteria for tax-free treatment for U.S. federal income tax purposes. The divestiture will provide more investment alternatives and enhance the credit quality of Entergy and its operating subsidiaries. It will allow the company to invest more in its generation operations. Moreover, the transaction will not affect its retail customers and they will continue to receive the same standard of service as before. In the past, the company spent much effort to create its own independent grid. Currently, it is seeking to integrate its transmission operations into the Midwest Independent System Operator. Entergy presently retains a short-term Zacks #3 Rank (Hold) that corresponds with our long-term Neutral recommendation on the stock. ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ITC HOLDINGS CP (ITC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Earnings Preview: Ameren Corp. - Analyst Blog Diversified utility provider Ameren Corporation ( AEE ) is expected to report its third quarter 2012 financial results on Friday, November 9, 2012. The Zacks Consensus Estimate for the third quarter of 2012 is $1.42 per share (significant year-over-year decrease of 9.74%) on revenues of $2,126 million (year-over-year decrease of 6.3%). Last Quarter Recap Ameren Corporation reported stable second quarter 2012 results. During the quarter, pro forma earnings per share were 73 cents, beating the Zacks Consensus Estimate of 60 cents. Pro forma earnings were also higher than the year-ago figure of 59 cents. The year-over-year rise reflects increased earnings from regulated utility operations partially offset by decreased earnings from merchant generation operations. During the quarter, GAAP earnings per share were 87 cents compared with earnings per share of 57 cents in the year-ago period. The significant variation of 14 cents per share between GAAP and pro forma earnings was due to the reduction of tax benefit of 18 cents and a 4 cent loss on net unrealized mark-to-market activity. In the quarter, net revenues declined 6.8% to $1.7 billion, in line with the Zacks Consensus Estimate. Revenue from Electric sales was down 6.3% year over year to $1.5 billion, while revenue from Gas declined 12% year over year to $147 million. Guidance Ameren raised its pro forma earnings guidance range for full-year 2012 to $2.25 - $2.55 per share, from the prior range of $2.20 - $2.50 per share. GAAP earnings are now expected in the range of $0.70 - $1.00 per share, compared to the prior range of $0.65 - $0.95 per share. Read our full coverage on this earnings report: Ameren Beats EPS, Revenue In-line Zacks Consensus The analysts covered by Zacks expect Ameren to post third-quarter 2012 earnings of $1.42 per share, lower than $1.57 delivered in the prior-year quarter. Currently, the Zacks Consensus Estimate ranges between earnings of $1.35 and $1.48 a share. For 2012, the Zacks Consensus Estimate stood at $2.47 per share, below than the prior-year earnings of 2.56 per share. The current Zacks Estimate ranges between $2.39 and $2.63 per share. Estimate Revisions Trend Agreement For the to-be-reported quarter, the estimates show a bullish stance with 2 (out of 7) going northward over the past month with no corresponding opposite revision. We attribute no negative revisions to the resilience of the company's regulated businesses and focus on cost structure improvement of its Merchant Generation business. A lower cost structure will help the company to counterbalance the ongoing trend of low power prices and will act as a margin booster for any improvement in power prices. Over the past week however the estimates were kept intact mainly due to lack of news or event, which could have a direct or indirect impact on these things. For full-year 2012, among the 10 estimates, none moved either upward or downward over the last 7 days. However, over the past month, 2 estimates moved upwards while 1 moved downwards. Magnitude The Zacks Consensus Estimate for the third quarter of 2012 fell by a penny over the last 7 days. However, it inched up by 5 cents to $1.42 per share over the last 30 days. For full-year 2012, the Zacks Consensus Estimate rose 2 cents in the last 7 days, while it moved up by 3 cents to $2.47 over the last 30 days. Surprise History With respect to earnings surprises, Ameren has topped the Zacks Consensus Estimate in one out of the last four quarters. Over the last four quarters, the surprise ranges from (6.67%) to 21.71% with an average of (7.52%). Background St. Louis-based Ameren Corporation is a holding company which engages in the generation and distribution of electricity and natural gas and serves residential, commercial, industrial and wholesale end-markets in Missouri and Illinois. With a generating capacity of 15,900 megawatts, the company, through its subsidiaries, serves 2.4 million electric customers and more than 0.9 million natural gas customers in a 64,000-square-mile area. Our Recommendation Ameren's stable and regulated electric power operations in the Midwest market generate a relatively stable and growing earnings stream. Future growth will be guided by improved plant operations, higher rates in Missouri and Illinois, lower operations and maintenance expenses, and installation of emissions reduction equipment (scrubbers) at its generation plants. Currently, Ameren has a short-term (1 to 3 months) Zacks #3 Rank (Hold) and a long-term (6+ months) Neutral recommendation. Our cautious stance on Ameren takes into account its significant fossil fuel based generating units and uncertainty about the rate of recovery of the economy. To comply with state and federal regulations, the company has to invest a significant chunk to reduce emissions from its generation assets, including installation of selective catalytic reduction and overfire air to control nitrogen oxide emissions and the use of activated carbon injection to control mercury emissions. While Ameren's liquidity position is sound and growth potential is also attractive, we continue to believe that the near- to medium-term outlook for merchant power generators is tepid. Performance in the second quarter has been affected by lower power prices in the merchant power segment. In the near term, the scenario is unlikely to change and the company will resort to hedging its power prices to a greater extent. Given these headwinds, we believe that Ameren's current valuation adequately reflects its fairly balanced risk/reward profile. As such, we see limited upside from current levels. This is in line with its peers like the Illinois utility Exelon Corporation ( EXC ). AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2012-11-07,15.5408,15.5467,15.0865,15.3444,"Earnings Preview: Duke Energy - Analyst Blog Duke Energy Corporation ( DUK ) is expected to release its third quarter 2012 results before the opening bell on November 8, 2012. The Zacks Consensus Estimate for the third quarter of 2012 is $1.45 per share (year-over-year decrease of 3.41%) on revenues of $6,223 million (significant year-over-year increase of 57%). Second-quarter 2012, a Synopsis Duke Energy announced second-quarter 2012 adjusted earnings of $1.02 per share, beating both the Zacks Consensus Estimate of 95 cents and the year-ago figure of 99 cents. The upsurge came from revised customer rates in the Carolinas and lower storm restoration costs year over year. These were partially offset by less favorable weather, higher financing costs, and increased depreciation expense. Duke Energy generated total revenue of $3,577 million in the reported quarter, falling short of the Zacks Consensus Estimate of $4,355 million. However, it was above the year-ago figure of $3,534 million. Guidance Duke Energy remains on track to achieve its 2012 adjusted earnings guidance range of $4.20 to $4.35 per share. Read our full coverage on this earnings report: Duke Ups Profit, Misses Revenue Zacks Consensus The analysts covered by Zacks expects Duke Energy to post third-quarter 2012 earnings of $1.45 per share, lower than 1.50 delivered in the prior-year quarter. Currently, the Zacks Consensus Estimate ranges between earnings of $1.40 and $1.54 a share. For 2012, the Zacks Consensus Estimate stood at $4.27 per share, lower than its prior-year earnings of $4.38 per share. The current Zacks Estimate ranges between $4.16 and $4.36 per share. Estimate Revisions Trend Agreement We see a slight upward trend for estimates for the third quarter of 2012. Among the 10 estimates, none of the estimates moved upwards over the last 7 days while two moved in the upward direction over the last 30 days. In the last 7 days, though none of the estimates moved in the opposite direction, one moved in the opposite direction over the last 30 days. For full-year 2012, among the 17 estimates, none of the estimates moved upwards over the last 7 days while two moved up over the last 30 days. In the last 7 days, none of the estimates moved in the opposite direction but one moved in the opposite direction over the last 30 days. The analysts seem to be slightly positive for third quarter as well as full-year 2012. Magnitude The Zacks Consensus Estimate for the third quarter of 2012 remained static over the last 7 days, whereas it inched up by 4 cents to $1.45 over the last 30 days. For full-year 2012, the Zacks Consensus Estimate remained static at $4.27 for the last 7 days and inched by a penny over the last 30 days. Surprise History With respect to earnings surprises, Duke Energy has topped the Zacks Consensus Estimate over the last four quarters in the range of 5.56% to 14.29%. The average surprise over the last four quarters remained at positive 8.40%. The earnings beat in December 2011 was the highest at 14.29%. Our Recommendation Charlotte, North Carolina-based Duke Energy Corporation is a diversified energy company with a portfolio of domestic and international, natural gas and electric, regulated and unregulated businesses, which supply, deliver, and process energy for customers in North America and selected international markets. Duke Energy Corporation's U.S. electricity and gas operations are spread over Carolinas, Florida, Indiana, Kentucky and Ohio that generate a relatively stable and growing earnings stream. Also, the company's merger with Progress Energy Inc. and ongoing capital expansion projects add visibility to the story. However, we remain concerned due to the present unfavorable macro backdrop, predominantly fossil-fuel based generation assets, tepid demand for electricity, pending regulatory cases and after affects of Sandy Hurricane. New Jersey was the hardest hit by Sandy with about 65% of customers. Other hard-hit states include Connecticut, West Virginia, New York and Rhode Island. The biggest utilities in the path of the storm included units of Exelon Corporation ( EXC ), FirstEnergy Corporation ( FE ), Consolidated Edison Inc. ( ED ), Northeast Utilities ( NU ), Dominion Resources, Inc. ( D ), and Public Service Enterprise Group Inc. ( PEG ). The company presently retains a short-term Zacks #3 Rank (Hold) that corresponds with our long-term Neutral recommendation on the stock. DOMINION RES VA (D): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report CONSOL EDISON (ED): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report NORTHEAST UTIL (NU): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-11-08,15.4343,15.6033,15.3737,15.4675,"9 Big-Name Stocks Going Ex-Dividend Next Week Dividend investors take note: you must purchase a stock before its ex-dividend date in order to receive its next upcoming dividend payout. Below are five big-name stocks going ex-dividend for the week of November 12-16, 2012. 1. Microsoft Corporation Microsoft ( MSFT ) will go ex-dividend on November 13. This computer software company offers several products including software, hardware, online services, and video games. MSFT currently offers a 3.16% dividend yield. Dividend.com currently rates MSFT a ""Neutral,"" with a DARS™ Rating of 3.4 out of 5 stars. 2. Eli Lilly & Co. Eli Lilly & Co. ( LLY ) is set to go ex-dividend on November 13. This pharmaceutical company offers products including neuroscience products, endocrinology products, oncology products, cardiovascular products, animal health products and other pharmaceuticals in over 130 countries. LLY currently offers a dividend yield of 4.07%. Dividend.com currently rates LLY a ""Neutral,"" with a DARS™ Rating of 3.4 out of 5 stars. 3. International Paper International Paper Company( IP ) has an ex-dividend date of November 13. This paper and packaging company is the largest paper company in the world and offers products including linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft. IP has a 3.43% current dividend yield. Dividend.com currently rates IP a ""Neutral,"" with a DARS™ Rating of 3.3 out of 5 stars. 4. DuPont E I Du Pont De Nemours And Co( DD ) will go ex-dividend on November 13. This Chemical company, offers many products including: Vespel, neoprene, nylon, Corian, Teflon, Mylar, and Kevlar. The company currently has a dividend yield of 3.92%. Dividend.com currently rates DD a ""Neutral,"" with a DARS™ Rating of 3.3 out of 5 stars. 5. Starbucks Starbucks Corporation( SBUX ) has an ex-dividend date of November 13. This multinational coffee company sells its famous coffee in over 60 countries, where it offers several products including coffee, tea, baked goods, and merchandise. Starbucks has a dividend yield of 1.62%. Dividend.com currently rates SBUX a ""Neutral,"" with a DARS™ Rating of 3.3 out of 5 stars. 6. The Blackstone Group The Blackstone Group LLP( BX ) is set go to ex-dividend on November 13. This financial services company focuses on providing services such as private equity real estate, marketable alternative investment strategies, and financial advisory. BX currently offers a dividend yield of 3.51%. Dividend.com currently rates BX a ""Neutral,"" with a DARS™ Rating of 3.2 out of 5 stars. 7. Exelon Exelon Corportation( EXC ) has an ex-dividend date of November 13. This utility company, which focuses on providing natural gas and electrical power, operates in 47 states. EXC has a dividend yield of 6.68%. Dividend.com currently rates EXE a ""Neutral,"" with a DARS™ Rating of 3.1 out of 5 stars. 8. Jabil Circuit Jabil Circuit, Inc.( JBL ) will go ex-dividend on November 13. This electronic manufacturing company offers its products to customers in various industries including: healthcare, life sciences, clean technology, instrumentation, defense, aerospace, automotive, computing, storage, consumer products, networking and telecommunications. The company has a 1.79% dividend yield. Dividend.com currently rates JBL a ""Neutral,"" with a DARS™ Rating of 3.0 out of 5 stars. 9. Avon Avon Products, Inc.( AVP ) is set to go ex-dividend on November 13. This manufacturer of household and beauty products, has a current dividend yield of 1.62%. Dividend.com currently rates AVP a a ""Neutral,"" with a DARS™ Rating of 2.8 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-11-09,15.3689,15.4128,15.1598,15.1852,
EXC,2012-11-12,15.2076,15.277,14.9106,15.0181,
EXC,2012-11-13,14.9009,15.0904,14.807,14.8667,"Duke Energy Buys Wind Service Biz - Analyst Blog Duke Energy Corporation ( DUK ) announced that it has acquired energy company Outland Energy Services. The terms of the deal weren't disclosed. Canby-based Outland Energy Services maintains and monitors wind turbines. The company has about 125 full-time employees. Duke Energy's acquisition of the fringe wind player is in line with the company's strategy of lowering costs of its renewable energy portfolio. Going forward, Outland will be integrated into Duke Energy's Energy Renewables business. Outland will service Duke's own equipment thereby lowering the power company's overall costs. Based in Charlotte, North Carolina, Duke Energy is a diversified energy company with more than $100 billion in total assets. Its regulated utility operations serve approximately 7.1 million electric customers located in six states in the Southeast and Midwest. Its commercial power and international business segments own and operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the U.S. The acquisition of Progress Energy in July 2012 made Duke Energy the largest U.S. utility in terms of market capitalization. Earlier, Chicago-based Exelon Corporation ( EXC ) was the largest U.S. utility. Duke Energy Corporation's U.S. electricity and gas operations generate a relatively stable and growing earnings stream. Looking ahead, the company's outlook is supported by its strong balance sheet and ongoing capital expansion projects which add visibility to the story. However, valuation continues to be restrained by a number of factors, including the present unfavorable macro backdrop, predominantly fossil-fuel based generation assets, tepid demand for electricity, foreign currency exchange volatility, pending regulatory cases and the aftermath of Hurricane Sandy. New Jersey was the hardest hit by Sandy while Duke Energy has about 65% of customers in this state. Other hard-hit states include Connecticut, West Virginia, New York and Rhode Island. The biggest utilities in the path of the storm included units of Exelon Corporation, FirstEnergy Corporation ( FE ), Consolidated Edison Inc. ( ED ), Northeast Utilities ( NU ), Dominion Resources, Inc. ( D ), and Public Service Enterprise Group Inc. ( PEG ). Duke Energy presently retains a short-term Zacks #3 Rank (Hold) that corresponds with our long-term Neutral recommendation on the stock. DOMINION RES VA (D): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report CONSOL EDISON (ED): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report NORTHEAST UTIL (NU): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-11-14,14.8959,14.9419,14.554,14.5834,
EXC,2012-11-15,14.5647,14.722,14.47,14.5834,
EXC,2012-11-16,14.5794,14.598,14.4064,14.5257,
EXC,2012-11-19,14.554,14.6136,14.3743,14.4944,
EXC,2012-11-20,14.4788,14.5159,14.2765,14.3908,
EXC,2012-11-21,14.38,14.4748,14.2013,14.3253,"Juhl in JV with 8030 Companies - Analyst Blog Juhl Wind, Inc. ( JUHL ) has entered into a joint venture (""JV"") with 8030 Companies based in Colorado to acquire its existing wind farms and additional clean energy assets located in the U.S. and Canada. Post contract, this JV will function under the name of Juhl Wind. Per the contract, Juhl Wind will buy 260 megawatts (""MWs"") of older wind farms over three years through this joint venture. The company may purchase projects, worth approximately 60 MWs, in 2013 and 100 MWs projects in two subsequent years. The joint venture has already completed its initial discussions with the owners of the existing wind farms in the upper Midwest. Further, it is expanding its footprints across North America. The joint agreement targets those projects, which are in line with Juhl Wind's core competencies in the market-wind farms under the generation capacity of less than 100 MWs. The company plans to acquire the decade old wind farms, where equipments are required to be replaced or improved. Therefore, the company will benefit from a production tax credit of 2.2 cents per kilowatt-hour after the purchase transaction is completed. It is evident from Juhl Wind's last few transactions that it follows steady inorganic growth strategy. In May this year and December 2011, the company acquired Midwest-based Power Engineers Collaborative, LLC (""PEC"") and Chandler, Minnesota-based Valley View Wind Farm, respectively. These acquisitions primarily enhanced the company's ability to expand its coverage in full array of clean energy divisions like natural gas, biomass and waste-to-energy services. The joint venture is expected to boost Juhl Wind's market position. The company is well poised to become the nation's leading renewable energy provider in terms of focus on Community Based Wind Power development, ownership and management throughout the U.S. and Canada. In addition, we believe this entity will work jointly on fuel innovation, increase efficiency, and provide clean energy and better services to its customers. Joint ventures and merger-acquisitions in utilities sector are very common in the current scenario. In March this year, Exelon Corporation ( EXC ) merged with Constellation Energy (""CEG"") with a deal value of $7.9 billion. Pipestone, Minnesota-based Juhl Wind, Inc. is a leading renewable energy provider in the U.S. and Canada. With a market capitalization of $12.50 million, the company has 20 full time employees. Juhl Wind currently has short-term Zacks #3 Rank (Hold rating). EXELON CORP (EXC): Free Stock Analysis Report (JUHL): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-11-23,14.3469,14.386,14.1036,14.1856,"Avista Corporation (AVA) Ex-Dividend Date Scheduled for November 27, 2012 Avista Corporation ( AVA ) has announced an ex-dividend date of November 27, 2012 and a cash dividend payment of $0.29 per share scheduled for December 14, 2012. Shareholders who purchased AVA stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that AVA has paid the same dividend. At the current stock price of $23.25, the dividend yield is 4.99%. The previous trading day's last sale of AVA was $23.25, representing a -17.11% decrease from the 52 week high of $28.05 and a 2.06% increase over the 52 week low of $22.78. AVA is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AVA's current earnings per share, an indicator of a company's profitability, is $1.48. Zacks Investment Research reports AVA's forecasted earnings growth in 2012 as -10.71%, compared to an industry average of -1%. For more information on the declaration, record and payment dates, visit the AVA Dividend History page. Interested in gaining exposure to AVA through an Exchange Traded Fund ( ETF )? The following ETF(s) have AVA as a top-10 holding: PowerShares Exchange-Traded Fund Trust II PowerShares S&P Smal ( PSCU ) iShares Small Cap 600/BARRA Value Index Fund ( IJS ) SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value ( SLYV ). The top-performing ETF of this group is IJS with an increase of 5.94% over the last 100 days. PSCU has the highest percent weighting of AVA at 4.69%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-11-26,14.3089,14.7319,14.3019,14.5589,"[""Deutsche Bank Upgrades Exelon to \u201cBuy\u201d; Sees Potential Value After Steep Decline (EXC) On Monday analyst at Deutsche Bank upgraded Exelon Corporation ( EXC ) to a \""Buy\"" rating. The analysts upgraded EXC from \""Hold\"" to \""Buy\"" with a price target of $34, up from $33. The new target is a +19% increase from Friday's closing price of $28.57. Deutsche Bank commented, \""We have been in the negative or cautious camp on EXC all year, most notably given our EPS outlook after the June Analyst Day and views on valuation. With the stock down 34% YTD and 20% this month after CEO Crane cast doubts on dividend sustainability, however, we now see an opportunity for the value investor. EXC has lagged utilities by 11% and the S&P by 20% in November, yet the outlook has actually improved slightly as gas/power prices have strengthened. While our call may be early given dividend tax hike fears and EXC's own unresolved dividend overhang, we now see more risk in being too late.\"" Exelon shares were up 40 cents, or +1.40%, in premarket trading on Monday. The Bottom Line Shares of Exelon Corporation ( EXC ) have a 7.35% dividend yield, based on Friday's closing stock price of $28.57. the stock has technical support in the $23-$24 price area. If the shares can firm up, we see overhead resistance around the $32 price level. Exelon Corporation ( EXC ) is not recommended at this time, holding a Dividend.com DARS\u2122 Rating of 3.0 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for November 26, 2012 - Market News Benchmarks rallied on Black Friday propelled by encouraging economic reports from China and Germany. Volumes were at their lowest this year, owing to a holiday-shortened trading session. U.S. stocks registered their best weekly performance since June. Meanwhile, the S&P 500 posted its second best weekly performance of the year. The technology sector was the biggest gainer while utilities was the only loser among the S&P 500 industry groups. The Dow Jones Industrial Average (DJI) surged 1.4% to close the day at 13,009.68. The Standard & Poor 500 (S&P 500) gained 1.3% to finish Friday's trading session at 1,409.15. The tech-laden Nasdaq Composite Index jumped 1.4% to end at 2,966.85. The fear-gauge CBOE Volatility Index (VIX) declined 1.1% to settle at 15.14. Consolidated volumes on the New York Stock Exchange, American Stock Exchange and Nasdaq were roughly 2.8 billion shares, significantly lower than the year-on-year daily average of 6 billion shares. Advancing stocks outpaced decliners on the NYSE; as for 53% stocks that rose, 42% stocks moved lower. The trading session began on a positive note after a report from Munich's Ifo institute revealed that German business confidence surged unexpectedly in November. According to the report, the German business climate index increased to 101.4 from 100 in October, beating economists' estimates of 99.5. This is for the first time in eight months that German business confidence enjoyed an uptrend. Separately, the European Commission has estimated that the German economy will grow 0.8% this year and in the coming year. Meanwhile, manufacturing in China increased in November and reached its highest level in thirteen months. According to HSBC Corporation, China's preliminary Purchasing Managers' Index increased to 50.4 in November from 49.5 in October. According to experts, data shows that the world's second largest economy is on track to recovery and growth for the rest of the year will be stronger. According to Qu Hongbin, chief economist for HSBC China, \""The November flash reading of HSBC manufacturing PMI confirms again that the economic recovery continues to gain momentum toward the year end.\"" For the week ending November 23, the blue-chip index gained 3.3%, the S&P 500 surged 3.6% and the Nasdaq jumped 4.0%. Benchmarks registered one of their best weekly rallies after President Barack Obama's meeting with top U.S. leaders hinted at \""constructive\"" development regarding the \""fiscal cliff\"". The impact of $600 billion in tax increases and spending cuts will take its effect from the beginning of 2013 if not resolved by Congress. Meanwhile, investors eagerly await the outcome of the meeting among Euro zone finance ministers, International Monetary Fund and the European Central Bank in Brussels. They will be meeting for the third time to discuss measures to reduce the Greece debt crisis. Euro zone finance ministers had postponed the much needed $40 billion installment for the Greece's bailout loan in their previous two meetings. The technology sector had a good run and was the biggest gainer among the S&P 500 industry groups. The Technology SPDR (XKL) gained 1.6%. Stocks such as Apple Inc. (NASDAQ: AAPL ), Hewlett-Packard Company (NYSE: HPQ ), Dell Inc. (NASDAQ: DELL ), Microsoft Corporation (NASDAQ: MSFT ) and Cisco Systems, Inc. (NASDAQ: CSCO ) jumped 1.7%, 4.2%, 5.4%, 2.8% and 2.0%, respectively. The Utilities SPDR lost 0.3% and was the only sector to close in the red. Stocks such as Exelon Corporation (NYSE: EXC ), Public Service Enterprise Group Inc. (NYSE: PEG ), The Southern Company (NYSE: SO ), Entergy Corporation (NYSE: ETR ) and PPL Corporation (NYSE: PPL ) lost 1.0%, 0.5%, 0.6%, 0.4% and 0.5%, respectively. APPLE INC (AAPL): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report DELL INC (DELL): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report SOUTHN COMPANY (SO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Dividend Traps to Avoid in 2013 In uncertain economic climates, investors will flock to any type of asset class that will result in the best bang for their buck. Throughout history dividend investing has been that security blanket for investors that still want to play the market, but to do it in a way that will result in the best return on investment. While dividend investing can be a great way to increase wealth, there are potential dividend traps that can derail any investment strategy. 2012 was a great year for dividends, with companies across the globe boosting their payouts at a record pace. Still, investors need to be very selective with their portfolios in 2013. Here are five dividend stocks investors do not want to own next year. Pitney Bowes Inc. Pitney Bowes ( PBI ) is a maker of postage meters and scales, mail sorters, and other office products. Since the company produces many products that deal with physical mail distribution, it is closely tied with the future of the United States Postal Service and mail in general. This is not a good industry to be directly related to; the USPS is operating at a tremendous deficit and is essentially a bankrupt company. Companies and consumers just don't mail in the same amount as they used to and this has resulted in a limited demand it PBI products. Pitney Bowes is in the process of becoming an irrelevant company if it does not innovate towards a sustainable future. While the company has a seemingly attractive dividend yield of 13.43%, this is only due to a constantly falling stock price. The stock is down -39.75% in 2012. The company's history of having annual dividend increases is in jeopardy if PBI wants to have a financially successful future. A constantly falling stock price and a unsustainable dividend yield makes Pitney Bowes a very risky dividend investment in 2013. Roundy's Inc Roundy's ( RNDY ) is a midwestern supermarket chain that became a public company on February 7, 2012; it has since been one of the worst performing IPOs of the year. Supermarkets across the country are performing poorly as profits are squeezed due to higher costs, and Roundy's is no different. The company's stock has fallen -51.33% since its IPO and currently has an unattractive sub-$5 stock price. The dividend yield is extremely high at about 11%, a red flag for a sustainable dividend payout. This high yield is even after the company cut its original dividend almost 50%, from 23 cents per share to 12 cent per share. The low stock price, poor financial outlook, and another potential dividend cut makes Roundy's an unsound investment next year. R.R. Donnelley & Sons Company R.R. Donnelley ( RRD ) is a commercial printing service provider that has not raised its dividend payout since 2003, a classic sign that a dividend cut should be coming soon. This potential cut should be expected to happen in the near future as its current 10.91% dividend yield is usually too high to maintain. The future for the company is also bleak in respect to capital growth as the stock is down -34% year-to-date. With the stock falling, the company reporting losses, and an unsustainable dividend, investors steer clear of investing in this company in 2013. Cliffs Natural Resources Inc. Cliffs Natural Resources ( CLF ) is an iron and coal miner that bucked the trend of low yields from mining plays this year and more than doubled its dividend payout, from 28 cents per share to 62.5 cents per share. However, investors should be wary of this +123% increase in dividend amount because commodity based companies are never hesitant to lower payouts due to the cyclical nature of their business. Since CLF stock is -60% off its 52-week high and down -50% year-to-date, investors should expect the company to cut its dividend in the face of a high 8% yield. This potential cut in dividend makes Cliffs Natural Resources an uneasy play for the next year; investors should probably stay away from this high dividend trap. Exelon Corporation Exelon ( EXC ) is a utility and electric power producer. While its 7.35% dividend yield looks good on the surface, it is probably too high considering that most of its competitors are in the 3% to 4% yield range. The stock is down -34% in 2012 and is down almost -20% in November alone. Part of the reason for recent downfall is that CEO Christopher Crane noted in earlier in the month that the company could reevaluate its dividend in mid-2013. This will probably result in a cut in dividend since the company's financial reports have been disappointing in the recent quarters. With that information at hand, investors should be concerned regarding the dividend investing potential that Exelon has in 2013. The Bottom Line Investors need to make intelligent decisions when determining what dividend stocks are the best investment, regardless of the year. Remember that looking for stocks with high dividend yields is not always a safe bet. Thorough understanding of total financial health is what makes for a sound dividend investing strategy. Staying away from dividend traps like the ones outlined above can make 2013 a financially prosperous year. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Wisconsin Power & Light Co. (WIS^) Ex-Dividend Date Scheduled for November 28, 2012 Wisconsin Power & Light Co. (WIS^) has announced an ex-dividend date of November 28, 2012 and a cash dividend payment of $1.125 per share scheduled for December 14, 2012. Shareholders who purchased WIS^ stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 52nd quarter that WIS^ has paid the same dividend. At the current stock price of $101.1, the dividend yield is 4.45%. The previous trading day's last sale of WIS^ was $101.1, representing a -15.47% decrease from the 52 week high of $119.60 and a 4.23% increase over the 52 week low of $97. WIS^ is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). For more information on the declaration, record and payment dates, visit the WIS^ Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Market Wrap-Up for Nov.26 (UNH, AAPL, MCD, HNZ, EXC, more) While the focus on holiday shopping continues (\""Cyber Monday\"" being the story of the day in media land), the realization that someone has to pay those bills inspired some nervousness early on in the market day. The news flow waqs fairly light, but companies in the news today included UnitedHealth Group ( UNH ), which was slightly lower after management trimmed their 2013 profit guidance. In contrast, McGraw-Hill ( MHP ) gained a touch on news the company was selling its education unit for $2.5 Billion. Wall Street analysts were also back in action, with Citigroup once again initiating Apple ( AAPL ) with a Buy rating. The firm apparently have several analysts covering Apple's stock. You can't have enough buy ratings on one stock I guess! As for another interesting upgrade call, Deutsche Bank sees a good entry point for shares of nuclear utility play Exelon ( EXC ) despite the worries of a dividend cut growing. Elsewhere, we had cautious Wall Street commentary pushing shares of McDonald's ( MCD ) and H.J. Heinz ( HNZ ) (valuation call as shares hit all-time highs) lower by the close. \""This is the Last Time, I'm Serious\"" It almost never fails. Each year before the holidays many people will talk about skipping the chaos and insanity of shopping on \""Black Friday,\"" yet almost very year, we reach new heights as far as record sales numbers go (not to mention all the videos of people going wild or brawling over sale items). It's just another aspect of human nature: we talk about doing one thing and end up doing something else, for better or worse (usually worse!). For those who may have overdone it on the holiday spending, the reality will soon hit as the credit card bill comes in, but don't worry, the credit card company \""will work with you\"" and ask for just the minimum. Aren't they super-kind? They're willing to let the fees add and rake in much more over time than they would have normally received. Minimum payments are the biggest trap of credit cards, yet many somehow see them as a benefit. The desire to have the latest handbags, shoes, gradgets, clothes, etc. is a common theme we see everywhere we turn. The \""gotta have it\"" syndrome runs rampant, but many economists will label the holiday sales pop as a characteristic of a strong economy. If you ask me, running up credit card bills on expensive items one can't afford will not be beneficial to the economy in the long term, and especially for the many that will spend the next few months working just to keep the credit card tab current. This is money lost that can be growing in assets that produce income. Oh well, hopefully people's mentality will change over time. In the interim, human nature taking its course is a pretty safe bet. At Dividend.com, our message will remain the same. Your money must work for you and not the other way around. Invest smart and don't let the masses negatively influence your long-term financial outlook. I hope everyone had a chance to check out our Dividend.com Premium members-only weekend articles, including new features that highlight some of the biggest winners and losers from the week that was, such as analyst upgrades/downgrades and earnings/story stocks. These articles are a great way to catch up on the week that was in the markets. We also have a rundown of how various Dividend ETFs performed on the week. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2012-11-27,14.6664,14.9273,14.6136,14.7758,"[""Stock Market News for November 27, 2012 - Market News Benchmarks ended lower on Monday after two consecutive days of gains as investors remained apprehensive about the fiscal cliff. Investors also awaited the outcome of talks among Euro zone finance ministers, International Monetary Fund and European Central Bank about Greece's debt crisis. Investors were also worried about the big discounts offered by U.S retailers during the holiday season. The utilities sector was the biggest gainer among S&P 500 industry groups. The Dow Jones Industrial Average (DJI) declined 0.3% to close the day at 12,967.37. The Standard & Poor 500 (S&P 500) dropped 0.2% to finish yesterday's trading session at 1,406.29. The tech-laden Nasdaq Composite Index rose 0.3% to end at 2,976.78. The fear-gauge CBOE Volatility Index (VIX) surged 2.4% to settle at 15.5. Consolidated volumes on the New York Stock Exchange, American Stock Exchange and Nasdaq were roughly 5.2 billion shares, significantly lower than the daily average of 6.49 billion shares. Declining stocks outpaced advancers on the NYSE; as for 55% stocks that declined, 42% stocks moved higher. Benchmarks began Monday's trading session with a number of headwinds blocking their progress. The Dow had tumbled more than 100 points in the initial session. Except the Nasdaq, all of the benchmarks ended in the red. The loss came after markets registered one of their best weekly gains last week. President Barack Obama's meeting with top U.S. leaders that hinted at \""constructive\"" developments regarding the \""fiscal cliff\"" had lifted the mood last week. Few positive domestic and international economic reports also pushed the benchmarks higher in the previous week. Coming to Monday's developments, investors were apprehensive ahead of this week's meeting about the fiscal cliff dilemma. President Barack Obama will meet with business leaders on Wednesday to discuss the issue. According to experts, investors will keep their focus on the fiscal cliff discussion and will hope for advances in the negotiation process. Speaker of the House of Representatives John Boehner said: \""People in both parties agree we need a 'balanced approach' to deal with our deficit and debt and help our economy create jobs\"". According to the White House, consumer spending may decline by $200 billion if an automatic federal tax increase, which is slated to take its effect from the beginning of 2013, is not resolved by Congress. This may affect the remaining holiday season also. According to a report released by the White House on Monday, if Congress fails to resolve the fiscal cliff, then an increase in tax rates for middle income Americans will reduce consumer spending by 1.7%. Additionally, economic growth will decline by 1.4% in 2013. Separately, the National Retail Federation reported that U.S. retailers posted sales worth $59.1 billion during the four-day holiday weekend. Retail sales have increased by 12.8% from the previous year. According to experts, retail sales have increased but big retailers are offering heavy discounts, which is a matter of concern. The Consumer Discretionary SPDR (XLY) fell 0.4% on Monday. Stocks such as Target Corporation (NYSE: TGT ), Costco Wholesale Corporation (NASDAQ: COST ), Wal-Mart Stores, Inc. (NYSE: WMT ), Macy's, Inc. (NYSE: M ) and Saks Inc (NYSE: SKS ) plunged 2.6%, 1.7%, 0.4%, 4.5% and 2.8%, respectively. On the international front, Euro zone finance ministers, International Monetary Fund and the European Central Bank were scheduled to meet in Brussels on Monday to discuss Greece's debt crisis. Investors eagerly await the outcome of the meeting as the international lenders had failed to reach any conclusion in the previous two meetings. The utilities sector was the major gainer and the Utilities SPDR (XLU) gained 1.3%. Stock such as Exelon Corporation (NYSE: EXC ), Public Service Enterprise Group Inc. (NYSE: PEG ), NextEra Energy, Inc. (NYSE: NEE ), Dominion Resources, Inc. (NYSE: D ) and FirstEnergy Corp. (NYSE: FE ) surged 2.6%, 1.6%, 1.1%, 1.1% and 1.7%, respectively. COSTCO WHOLE CP (COST): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report SAKS INC (SKS): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report WAL-MART STORES (WMT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Which Is More Important - Dividend Yield Or Total Return? By David Hunkar : When considering dividend-paying stocks, some investors tend to select stocks with high dividend yields rather than the long-term total return. However this is not a winning strategy. Instead of falling into the so-called \""yield trap\"", investors are better off picking stocks based on total return over the long-term, according to a research report by Invesco published earlier this year. Click to enlarge (click to enlarge) Among the S&P's ten sectors, traditionally the utility sector has had the highest dividend yield. But the sector ranks the sixth in terms of total return during the period shown in the chart above. On the other hand, the consumer staples sector has lower yield than the utilities sector and is comprised of many of the oldest dividend payers and growers. But this sector ranked the highest in total returns during the same period. The financial and telecom sectors also returned lower total returns despite having high dividend yields. In order to test this theory I reviewed the ETFs corresponding to the ten S&P sectors. The current dividend yields of the SPDR ETFs for the sectors are noted below: Note: The SPDR Technology Select Sector ETF represents both the S&P Information Technology and Telecommunication Services sectors. Source:SPDR The SPDR Utilities Select Sector ETF has the highest dividend yield at 3.60% and the Consumer Staples ETF has a yield of 2.71%. In terms of returns, the 5-year return for XLP is 7.96% while the XLU grew by just 2.15%. For the 10-year period, XLU was up by 10.94% and XLP was up 8.55%. The following chart shows the 5-year price return of the utilities and consumer staples sector ETFs: Click to enlarge (click to enlarge) The utilities sector ETF severely lagged the performance of the consumer staples sector ETF. If dividends were added and total returns calculated the variance would be even higher. The following chart shows the price return of the utilities and consumer staples sector ETFs since 1999: Click to enlarge (click to enlarge) Source:Google Finance In the long-term also, the utilities sector ETF's return was lower than that of the consumer staples sector ETF's return. At the individual stock level, a $10,000 investment in Exelon Corp ( EXC ), a randomly electric utility, would be worth $4,602 now. However the same investment in two consumer staple stocks Procter & Gamble ( PG ) and Colgate-Palmolive ( CL ) would be worth $10,609 and $15,104 respectively. Hence investors may want to avoid picking stocks purely on high dividend yields and instead focus on long-term total returns. Disclosure: No Positions See also Railroad Stocks Appear Attractively Valued Across The Country on seekingalpha.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2012-11-28,14.7132,14.8364,14.5754,14.8227,"[""Stock Market News for November 28, 2012 - Market News Markets ended in the red after Senate Majority Leader Harry Reid's discouraging comments about the \""fiscal cliff\"" overshadowed a number of positive economic reports. Additionally, Greece's lenders concurred on providing additional aid to the nation. Among the positive economic readings, consumer confidence jumped to its highest level in more than four years. The Utilities sector was the only gainer among the S&P 500 industry groups. The Dow Jones Industrial Average (DJI) declined 0.7% to close the day at 12,878.13. The Standard & Poor 500 (S&P 500) dropped 0.5% to finish yesterday's trading session at 1,398.94. The tech-laden Nasdaq Composite Index shed 0.3% to end at 2,967.79. The fear-gauge CBOE Volatility Index (VIX) surged 2.7% to settle at 15.92. Consolidated volumes on the New York Stock Exchange, American Stock Exchange and Nasdaq were roughly 5.9 billion shares, significantly lower than the daily average of 6.5 billion shares. Declining stocks outpaced advancers on the NYSE; as for 54% stocks that declined, 43% stocks moved higher. Benchmarks began yesterday's trading session with a number of positive news from both international and domestic fronts. Markets traded almost flat through the day, but Harry Reid's dismal comments on the fiscal cliff issue dragged benchmarks into the red. This was the second consecutive day of losses after U.S stocks enjoyed one of their best weekly gains last week. Senate Majority Leader Harry Reid was unhappy about the lack of progress regarding the fiscal cliff issue. He said that \""little progress\"" has been made to avoid the impending fiscal cliff. He also said there were only a couple of weeks left to reach an agreement and it was time to start discussing specifics. The fiscal cliff of $600 billion in tax increases and government spending cuts is slated to take effect from the beginning of 2013 if Congress fails to reach a deal. Meanwhile, the White House said President Barack Obama is scheduled to meet business leaders of bellwether companies including Goldman Sachs Group, Inc. (NYSE: GS ) and Caterpillar Inc. (NYSE: CAT ) on Wednesday to discuss the impending fiscal cliff issue. According to a New York Times report, Obama will also meet select small business owners and middle class tax payers in the coming days. On the international front, Greece's international lenders met in Brussels on Monday to discuss its debt situation. It was their third meeting on the same issue and they have now finally reached an agreement. According to Eurogroup Chairman Jean-Claude Juncker, Greece will get its next loan installment on December 13. They have also agreed to reduce Greece's debt by more than 40 billion euros and estimate debt will fall to 124% of the gross domestic product by 2020. After the meeting, Greece Prime minister Antonis Samaras said: \""Tomorrow a new day begins for all Greeks\"". Meanwhile, consumer confidence surged in November and touched its highest level in more than four years. Consumer confidence increased to 73.7 in November from October's reading of 73.1. This was above consensus estimates of 72.0. The Present Situation Index increased to 56.7 from 56.6, whereas the Expectation Index jumped to 85.1 in November from the previous month's figure of 84.0. Separately, the S&P Dow Jones Indices released the S&P/Case-Shiller Home Price Indices, which noted a 0.3% increase in average home prices for both the 10- and 20-City Composites in September from the previous month. According to the report, the national composite rose 3.6% in the third-quarter as against the previous year third-quarter. Thirteen out of the twenty cities posted monthly gains. The U.S. Department of Commerce reported a marginal increase in durable goods orders in October. According to the report, new orders increased to 216,948 from September's figure of 216,900. This was in sharp contrast to consensus estimates of a fall of 0.7%. Excluding defense and transportation, new orders increased 0.1% and 1.5%, respectively. News orders have increased for five months out of the last six months. As for the sectors, Utilities finished in the green for the second consecutive day and the Utilities SPDR (XLU) gained 0.3%. Stocks such as Exelon Corporation (NYSE: EXC ), Public Service Enterprise Group Inc. (NYSE: PEG ), FirstEnergy Corp. (NYSE: FE ), NRG Energy Inc (NYSE: NRG ) and Genon Energy Inc (NYSE: GEN ) surged 1.5%, 0.2%, 0.5%, 2.3% and 2.5%, respectively. CATERPILLAR INC (CAT): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report GENON ENERGY (GEN): Free Stock Analysis Report GOLDMAN SACHS (GS): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""NV Energy, Inc (NVE) Ex-Dividend Date Scheduled for November 30, 2012 NV Energy, Inc ( NVE ) has announced an ex-dividend date of November 30, 2012 and a cash dividend payment of $0.17 per share scheduled for December 19, 2012. Shareholders who purchased NVE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that NVE has paid the same dividend. At the current stock price of $18.31, the dividend yield is 3.71%. The previous trading day's last sale of NVE was $18.31, representing a -4.64% decrease from the 52 week high of $19.20 and a 25.24% increase over the 52 week low of $14.62. NVE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NVE's current earnings per share, an indicator of a company's profitability, is $1.17. Zacks Investment Research reports NVE's forecasted earnings growth in 2012 as 81.42%, compared to an industry average of -1.2%. For more information on the declaration, record and payment dates, visit the NVE Dividend History page. Interested in gaining exposure to NVE through an Exchange Traded Fund ( ETF )? The following ETF(s) have NVE as a top-10 holding: iShares S&P MidCap 400/Barra Value Index Fund ( IJJ ) SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value ( MDYV ). The top-performing ETF of this group is MDYV with an increase of 8.3% over the last 100 days. IJJ has the highest percent weighting of NVE at 0.79%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2012-11-29,14.8227,14.9419,14.7729,14.8774,
EXC,2012-11-30,14.9058,15.0112,14.8227,15.0054,
EXC,2012-12-03,14.9624,15.0054,14.4651,14.554,"[""Public Service Enterprise Group Incorporated (PEG) Ex-Dividend Date Scheduled for December 05, 2012 Public Service Enterprise Group Incorporated ( PEG ) has announced an ex-dividend date of December 05, 2012 and a cash dividend payment of $0.355 per share scheduled for December 31, 2012. Shareholders who purchased PEG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that PEG has paid the same dividend. At the current stock price of $30.09, the dividend yield is 4.72%. The previous trading day's last sale of PEG was $30.09, representing a -11.68% decrease from the 52 week high of $34.07 and a 4.06% increase over the 52 week low of $28.92. PEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PEG's current earnings per share, an indicator of a company's profitability, is $2.78. Zacks Investment Research reports PEG's forecasted earnings growth in 2012 as -12.8%, compared to an industry average of -1.3%. For more information on the declaration, record and payment dates, visit the PEG Dividend History page. Interested in gaining exposure to PEG through an Exchange Traded Fund [ETF]? The following ETF(s) have PEG as a top-10 holding: Utilities HOLDRS Trust ( UTHYL ). The top-performing ETF of this group is UTHYL with an decrease of 0% over the last 100 days. It also has the highest percent weighting of PEG at 6.05%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Westar Energy, Inc. (WR) Ex-Dividend Date Scheduled for December 05, 2012 Westar Energy, Inc. ( WR ) has announced an ex-dividend date of December 05, 2012 and a cash dividend payment of $0.33 per share scheduled for January 02, 2013. Shareholders who purchased WR stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that WR has paid the same dividend. At the current stock price of $28.7, the dividend yield is 4.6%. The previous trading day's last sale of WR was $28.7, representing a -13.14% decrease from the 52 week high of $33.04 and a 7.77% increase over the 52 week low of $26.63. WR is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WR's current earnings per share, an indicator of a company's profitability, is $1.95. Zacks Investment Research reports WR's forecasted earnings growth in 2012 as 9.31%, compared to an industry average of -1.3%. For more information on the declaration, record and payment dates, visit the WR Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Chevron weighs on Dow as energy stocks drop Exelon shares dip; Edison International downgraded to market perform Exelon shares move down; Edison International downgraded to market perform""]"
EXC,2012-12-04,14.5257,14.6038,14.3967,14.4064,"[""Potomac Electric Power Company (POM) Ex-Dividend Date Scheduled for December 06, 2012 Potomac Electric Power Company ( POM ) has announced an ex-dividend date of December 06, 2012 and a cash dividend payment of $0.27 per share scheduled for December 31, 2012. Shareholders who purchased POM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 20th quarter that POM has paid the same dividend. At the current stock price of $19.7, the dividend yield is 5.48%. The previous trading day's last sale of POM was $19.7, representing a -4.55% decrease from the 52 week high of $20.64 and a 8.6% increase over the 52 week low of $18.14. POM is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). POM's current earnings per share, an indicator of a company's profitability, is $1.14. Zacks Investment Research reports POM's forecasted earnings growth in 2012 as -3.68%, compared to an industry average of -1.3%. For more information on the declaration, record and payment dates, visit the POM Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sponsored Links Gronk's Top Shoe Picks: His Favorite Will Surprise You Wolf & Shepherd The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Scana Corporation (SCG) Ex-Dividend Date Scheduled for December 06, 2012 Scana Corporation ( SCG ) has announced an ex-dividend date of December 06, 2012 and a cash dividend payment of $0.495 per share scheduled for January 01, 2013. Shareholders who purchased SCG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that SCG has paid the same dividend. At the current stock price of $46.18, the dividend yield is 4.29%. The previous trading day's last sale of SCG was $46.18, representing a -8.26% decrease from the 52 week high of $50.34 and a 9.22% increase over the 52 week low of $42.28. SCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). SCG's current earnings per share, an indicator of a company's profitability, is $3.11. Zacks Investment Research reports SCG's forecasted earnings growth in 2012 as 6.27%, compared to an industry average of -1.3%. For more information on the declaration, record and payment dates, visit the SCG Dividend History page. Interested in gaining exposure to SCG through an Exchange Traded Fund [ETF]? The following ETF(s) have SCG as a top-10 holding: PowerShares High Yield Equity Dividend Achievers Portfolio ( PEY ) WisdomTree MidCap Dividend Fund ( DON ). The top-performing ETF of this group is DON with an increase of 4.59% over the last 100 days. PEY has the highest percent weighting of SCG at 2.18%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2012-12-05,14.4338,14.7319,14.3664,14.6791,"PEG Posts Post Sandy Estimates - Analyst Blog Public Service Enterprise Group Inc. ( PEG ) has announced its expectation for costs and earnings associated with the Superstorm Sandy that had badly hit the U.S. East Coast electric companies at the end of October 2012 and the subsequent Nor'easter that had worsened the situation later in November 2012. Public Service Enterprise currently expects storm restoration costs to be in the range of $250 million to $300 million. After taking these costs into account, the company maintained its earnings guidance for full-year 2012 as announced during its third quarter earnings call. The company expects earnings to be in the range of $2.25 to $2.50 per share. The cost guidance includes both expenses and capital related to the restoration. However, these costs do not include the future expenses for permanent repair of the company's damaged infrastructure or any modification in the infrastructure to minimize the risk of damage caused by future storms. The company expects 85% of these costs to be deferred or capitalized for future distribution or transmission recovery. The company will recognize these costs as one-time items. Public Service Enterprise Group based in Newark, New Jersey, was the hardest hit state. Besides damaging the company's transmission and distribution system throughout the service territory, the storm also smashed some of the generation infrastructure in the northern part of New Jersey. Superstorm Sandy's strong winds and heavy rainfall resulted in overflow of the Hudson, Hackensack and Passaic rivers, thereby damaging the switching stations, substations and generating infrastructure. However, the company has recovered to some extent from the damages caused by Sandy as well as Nor'easter. Besides making current repairs, the company is working on best possible ways to protect the system from this type of storm in the future. In November, Public Service Enterprise reported third-quarter 2012 results. During the quarter, operating earnings per share were 75 cents, above the Zacks Consensus Estimate of 72 cents. However, it was lower than the previous year figure of 83 cents per share. The company has indicated that it expects double-digit compound annual growth in its regulated operations due to the Susquehanna - Roseland transmission line through 2014. Moreover, it expects the line to provide benefits to New Jersey's economy in the long term. The Zacks Consensus Estimates for fourth-quarter 2012 and full-year 2012 are currently at 38 cents per share and $2.39 per share, respectively. Going forward, we believe that the diversified utility's robust portfolio of regulated and non-regulated assets will offer a steady earnings base and significant long-term growth prospects. Over the longer run, Public Service's growth will be driven by a low-cost nuclear fleet, assumed rate relief, operational excellence, disciplined investment and added generating capacities. However, the increasing cost of coal, higher pension & financial costs, power-price volatility and the extent of restoration costs for hurricane Sandy are areas of concern. The company presently retains a short-term Zacks #3 Rank (Hold). Public Service Enterprise Group Inc. is a diversified utility holding company. The company's operations are mostly located in the Northeastern and Mid-Atlantic parts of the U.S. Public Service Enterprise principally operates through three key subsidiaries: Public Service Electric and Gas Company (PSE&G), PSEG Power LLC (PSEG Power) and PSEG Energy Holdings LLC (PSEG Energy). Some other Sandy Storm affected utilities are FirstEnergy Corporation ( FE ), Consolidated Edison Inc. ( ED ), Northeast Utilities ( NU ), Exelon Corporation ( EXC ), and PPL Corporation ( PPL ). CONSOL EDISON (ED): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report NORTHEAST UTIL (NU): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-12-06,14.6888,14.7699,14.4993,14.6341,"Ameren Corporation (AEE) Ex-Dividend Date Scheduled for December 10, 2012 Ameren Corporation ( AEE ) has announced an ex-dividend date of December 10, 2012 and a cash dividend payment of $0.4 per share scheduled for December 31, 2012. Shareholders who purchased AEE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that AEE has paid the same dividend. At the current stock price of $29.98, the dividend yield is 5.34%. The previous trading day's last sale of AEE was $29.98, representing a -15.07% decrease from the 52 week high of $35.30 and a 5.45% increase over the 52 week low of $28.43. AEE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). Zacks Investment Research reports AEE's forecasted earnings growth in 2012 as -6.01%, compared to an industry average of -1.1%. For more information on the declaration, record and payment dates, visit the AEE Dividend History page. Interested in gaining exposure to AEE through an Exchange Traded Fund [ETF]? The following ETF(s) have AEE as a top-10 holding: QuantShares U.S. Market Neutral Value Fund ETF ( CHEP ). The top-performing ETF of this group is CHEP with an decrease of -1.78% over the last 100 days. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-12-07,14.6528,14.7132,14.5931,14.6839,
EXC,2012-12-10,14.7172,14.7963,14.598,14.765,"NorthWestern Corporation (NWE) Ex-Dividend Date Scheduled for December 12, 2012 NorthWestern Corporation ( NWE ) has announced an ex-dividend date of December 12, 2012 and a cash dividend payment of $0.37 per share scheduled for December 31, 2012. Shareholders who purchased NWE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that NWE has paid the same dividend. At the current stock price of $35.03, the dividend yield is 4.22%. The previous trading day's last sale of NWE was $35.03, representing a -7.72% decrease from the 52 week high of $37.96 and a 6.22% increase over the 52 week low of $32.98. NWE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NWE's current earnings per share, an indicator of a company's profitability, is $2.02. Zacks Investment Research reports NWE's forecasted earnings growth in 2012 as -2.01%, compared to an industry average of -1.2%. For more information on the declaration, record and payment dates, visit the NWE Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-12-11,14.7729,15.0005,14.7279,14.8911,
EXC,2012-12-12,14.8959,14.9624,14.812,14.8461,
EXC,2012-12-13,14.8461,14.9106,14.641,14.7366,
EXC,2012-12-14,14.7426,14.7914,14.6136,14.7279,
EXC,2012-12-17,14.7132,14.8871,14.7132,14.8617,
EXC,2012-12-18,14.8334,15.2028,14.812,15.2028,"Exelon in a U.S. Defense Pact - Analyst Blog Exelon Corporation 's ( EXC ) unit Constellation has received a 2-year electricity supply contract, worth $46.8 million, from the U.S. Defense Logistics Agency (""DLA""). This contract has been awarded following a competitive bidding procedure. The electricity-offering is expected to start from December 2012. Per the contract, the company will provide up to 780,600 megawatt-hours (""MWh"") of electricity to the six U.S. Navy facilities in the District of Columbia (""D.C."") area. The facilities are Joint Base Anacostia Bolling, Naval Maritime Intelligence Center, Naval Surface Warfare Center Carderock, the Navy Medical Center Bethesda, the U.S. Naval Observatory Washington and Washington Navy Yard. The Defense Logistics Agency is a part of the U.S. Department of Defense. It provides combat support including logistics, acquisition and technical services to the U.S. Army, Navy, Air Force and Marine Corps, other several civilian and federal agencies, and allied forces in both peacetime and wartime. It is evident from Exelon's past contracts that it has a strong rapport with the U.S government agencies for the last 20 years. In November, 2012, Texas Public Power Pool chose Constellation to deliver low-cost electricity to its members for 3 years. Currently, Constellation is providing customized services to approximately 380 federal government sites and 4,000 government customers in 47 states. Utility providers' performance depends on the strength of their electricity-contract-pipeline. We consider the current contract as a positive step for Exelon's future operating as well as financial results. These types of agreements ensure a steady future cash-inflow while subsequently enabling Exelon to improve its upcoming top and bottom line numbers. Exelon merged with Constellation earlier this year and has experienced positive impacts related to this merger in the third quarter of 2012. Riding on Constellation's strong contribution, the company's quarterly revenue increased 34.6% year over year to $7.02 billion. We expect Exelon to realize further synergies going forward. However, we expect Exelon's fourth-quarter and full-year 2012 results to some extent be negatively impacted by the Hurricane Sandy. Chicago, Illinois-based Exelon Corporation engages in generation, transmission, distribution and sale of electricity to the residential, commercial, industrial and wholesale customers. With a market capitalization of $25.57 billion, the company has 19,267 full time employees. Like its peer Ameren Corporation ( AEE ), Exelon Corporation also has a short-term Zacks #3 Rank (Hold rating). AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-12-19,15.2193,15.2253,14.9223,14.9556,
EXC,2012-12-20,14.9712,15.0415,14.7729,14.8716,"Xcel Energy Inc. (XEL) Ex-Dividend Date Scheduled for December 24, 2012 Xcel Energy Inc. ( XEL ) has announced an ex-dividend date of December 24, 2012 and a cash dividend payment of $0.27 per share scheduled for January 20, 2013. Shareholders who purchased XEL stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that XEL has paid the same dividend. At the current stock price of $27.37, the dividend yield is 3.95%. The previous trading day's last sale of XEL was $27.37, representing a -8.52% decrease from the 52 week high of $29.92 and a 5.92% increase over the 52 week low of $25.84. XEL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). XEL's current earnings per share, an indicator of a company's profitability, is $1.86. Zacks Investment Research reports XEL's forecasted earnings growth in 2012 as 4.84%, compared to an industry average of -.4%. For more information on the declaration, record and payment dates, visit the XEL Dividend History page. Interested in gaining exposure to XEL through an Exchange Traded Fund [ETF]? The following ETF(s) have XEL as a top-10 holding: Russell 1000 Low Volatility ETF (LVOL) PowerShares S&P 500 Low Volatility Portfolio ETF ( SPLV ). The top-performing ETF of this group is LVOL with an increase of 7.24% over the last 100 days. It also has the highest percent weighting of XEL at 2.06%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-12-21,14.8022,14.8716,14.6575,14.8364,
EXC,2012-12-24,14.7279,14.7729,14.5882,14.722,
EXC,2012-12-26,14.7132,14.7729,14.6078,14.6302,
EXC,2012-12-27,14.5754,14.6722,14.4191,14.6185,
EXC,2012-12-28,14.5305,14.6244,14.4191,14.4299,"Exelon Stays on Neutral Lane - Analyst Blog We reiterate our Neutral recommendation on Exelon Corporation ( EXC ) considering the impacts of Hurricane Sandy, commodity price risks, stringent regulations and depressed margins in its Generation business. However, these negatives are expected to be offset by the company's strong cash and liquidity position, capital realignment strategy and steady focus on expansion of the renewable assets. As a consequence of the recently occurred Hurricane Sandy, Exelon spent substantial amount to repair its existing facilities and construct new utility delivery systems in Pennsylvania and Maryland. This unexpected expenditure will affect the company's forthcoming financial performance. Further, wholesale power prices are determined by supply and demand of utilities, which primarily depends on the fuel prices, particularly coal and natural gas prices. Fluctuations in the wholesale power prices are expected to impact Exelon's financial performance. On the flip side, completion of merger with Constellation has benefited Exelon's results, and we expect the company to realize further synergies moving forward. The company expects to achieve $170 million of merger-related operations and maintenance synergies in 2012, which is expected to reach $550 million by the end of 2013. This merger will boost the company's position in terms of load and customer base. Chicago, Illinois-based Exelon Corporation engages in generation, transmission, distribution and sale of electricity to the residential, commercial, industrial and wholesale customers. In third-quarter 2012, Exelon's bottom line surpassed the Zacks Consensus Estimate, though the top line missed the same. The Zacks Consensus Estimate for fourth quarter 2012 is currently 66 cents per share, down 20.05% year over year and the Zacks Consensus Estimate for full year is 2.86 per share, down 31.23% year over year. With a market capitalization of $25.15 billion, the company has 19,267 full time employees. Like its peer Ameren Corporation ( AEE ), Exelon Corporation also has a short-term Zacks #3 Rank (Hold rating). AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2012-12-31,14.4007,14.7914,14.3469,14.7699,
EXC,2013-01-02,14.9624,15.0415,14.722,14.807,
EXC,2013-01-03,14.8364,14.9957,14.7816,14.9273,"Duke Energy to Redeem Securities - Analyst Blog Duke Energy Corporation ( DUK ) announced that on February 1, it will redeem the entire issue of FPC Capital I 7.10% Cumulative Quarterly Income Preferred Securities (FPCPRA), with a face value of $300 million. The securities were issued by a financing trust owned by its wholly owned subsidiary Progress Energy, Inc. The $300 million worth of FPCPRA was issued in 1999 and was originally due in 2039. As the securities are being redeemed at par, security holders will receive $25 per preferred security held, plus accrued and unpaid distributions in the amount of $0.374722 per preferred security, payable upon presentation on the redemption date. Based in Charlotte, North Carolina, Duke Energy is a diversified energy company with more than $100 billion in total assets. Its regulated utility operations serve approximately 7.1 million electric customers located in six states in the Southeast and Midwest. Its commercial power and international business segments own and operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the U.S. Earlier, the acquisition of Progress Energy in July 2012 made Duke Energy the largest U.S. utility in terms of market capitalization. Prior to that, Chicago-based Exelon Corporation ( EXC ) was the largest U.S. utility. Duke Energy Corporation's U.S. electricity and gas operations generate a relatively stable and growing earnings stream. Looking ahead, the company's outlook is supported by its strong balance sheet and ongoing capital expansion projects, which add visibility to the story. However, valuation continues to be restrained by a number of factors, including the present unfavorable macro backdrop, predominantly fossil-fuel based generation assets, tepid demand for electricity, foreign currency exchange volatility, pending regulatory cases and the aftermath of Hurricane Sandy. New Jersey, where Duke Energy has about 65% of its customers, was hit hardest by Sandy. Other hard-hit states include Connecticut, West Virginia, New York and Rhode Island. The biggest utilities in the path of the storm include units of Exelon Corporation, FirstEnergy Corporation ( FE ), Consolidated Edison Inc. ( ED ), Northeast Utilities ( NU ), Dominion Resources, Inc. ( D ), and Public Service Enterprise Group Inc. ( PEG ). Duke Energy presently retains a short-term Zacks #3 Rank (Hold) that corresponds with our long-term Neutral recommendation on the stock. DOMINION RES VA (D): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report CONSOL EDISON (ED): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report NORTHEAST UTIL (NU): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-01-04,14.9223,15.0347,14.8911,15.0288,"CH Energy Group, Inc. (CHG) Ex-Dividend Date Scheduled for January 08, 2013 CH Energy Group, Inc. ( CHG ) has announced an ex-dividend date of January 08, 2013 and a cash dividend payment of $0.555 per share scheduled for February 01, 2013. Shareholders who purchased CHG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that CHG has paid the same dividend. The previous trading day's last sale of CHG was $65.28, representing a -3.26% decrease from the 52 week high of $67.48 and a 19.21% increase over the 52 week low of $54.76. CHG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). Zacks Investment Research reports CHG's forecasted earnings growth in 2012 as 4.4%, compared to an industry average of 1.4%. For more information on the declaration, record and payment dates, visit the CHG Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-01-07,14.9917,15.0171,14.8168,14.8334,"Neutral Stance on Duke Energy - Analyst Blog On January 3, we reiterated our Neutral recommendation on Duke Energy Corporation ( DUK ) based on its stable electricity and gas operations which generate a relatively steady and growing earnings stream. The company holds a Zacks #3 Rank, which translates into a short-term Hold rating, and correlates with our long-term recommendation. Why the Neutral Stance? Based in Charlotte, North Carolina, Duke Energy is a diversified energy company with more than $100 billion in total assets. Its regulated utility operations serve approximately 7.1 million electric customers located in six states in the Southeast and Midwest. Its commercial power and international business segments own and operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the U.S. Moreover, with its acquisition of Progress Energy in July 2012, Duke Energy dethroned Exelon Corporation ( EXC ) to become the largest U.S. utility in terms of market capitalization. Duke Energy focuses on core utility operations to build its rate base through capital expenditure investments. Additionally, the company is proactively and effectively mitigating long-term environment-related risks through investment plans and constructive dialogue with policymakers. The company has also set up an electricity transmission joint venture with American Electric Power Co. Inc. ( AEP ) to develop a 240 mile, 765-kV transmission line in Indiana. The JV -- Pioneer Transmission -- is expected to become operational in 2014. The transmission line will transmit electricity from the relatively oversupplied Midwestern Independent System Operator (MISO) to PJM Interconnection (PJM). Looking ahead, the company's stable outlook is supported by its strong balance sheet and ongoing capital expansion projects which add visibility to the story. On the flip side, market apprehensions remain restrained by the aftermath of Hurricane Sandy. New Jersey, where Duke Energy has about 65% of its customers, was hit hardest by Sandy. Also, following the third quarter earnings release, analysts apprehending a continuing trend of stable demand, weak prices and sluggish economic recovery remained on the sidelines. This is substantiated by the fact that over the past month, only 1 covering analyst, revised the estimate downward for fourth quarter 2012 with no corresponding positive revision. The sideways trend also continued for full-year 2012, with no changes in estimates. Other Stocks to Consider Utility stocks that are currently performing well include Huaneng Power International, Inc. ( HNP ) and Pike Electric Corporation ( PIKE ). Both these companies carry a Zacks #1 Rank (Strong Buy). AMER ELEC PWR (AEP): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report HUANENG POWER (HNP): Free Stock Analysis Report PIKE ELECTRIC (PIKE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-01-08,14.807,14.8334,14.5931,14.7035,"[""Southern Co. Seeks to Shut 15 Units - Analyst Blog Executives of Georgia Power Co. - the largest subsidiary of electric utility firm Southern Company ( SO ) - will request Georgia Public Service Commission (PSC) for approval to close some coal and oil-fired generating units at four plants. The units that Georgia Power wants to shut down are 15 coal- and oil-fired generating units having total capacity of 2,061 megawatts (MW). Georgia Power management expects that this move will help the company to comply its operating cost with environmental regulations. Other factors that forced management to think of seeking state approval for the closure of the units are the present and forecasted future economic conditions along with low natural gas prices. As per management, this planned shutdown is about to affect nearly 480 Georgia Power employees. The 15 units, which are to be shut down are located in Putnam, Coweta, Glynn, and Chatham counties. The PSC is expected to vote for the shut down request by the summer of 2013. Moreover, Georgia Power will also request for the decertification of Savannah-based Boulevard 2 and 3 combustion turbine generating units. The request is subjected to the approval of the Integrated Resource Plan (IRP). Georgia Power is the largest of four electric utilities that make up Southern Company. It is an investor-owned, tax-paying utility that serves 2.3 million customers in all but four of Georgia's 159 counties. It has been providing electricity to Georgia for more than a century at rates well below the national average. Headquartered in Atlanta, Georgia, Southern Company is one of the largest generators of electricity in the nation, along with the likes of Exelon Corporation ( EXC ) and Duke Energy Corporation ( DUK ) - which serves both regulated and competitive markets across the Southeastern U.S. Southern Company is a holding company for four regulated Southern electric utilities that serve about 4.4 million customers - Georgia Power, Alabama Power, Gulf Power, and Mississippi Power. The company participates in all phases of the electric utility business with more than 42,000 megawatts (MW) of electric generating capacity, and an extensive grid of transmission and distribution lines. The company also engages in the construction, acquisition, and management of generation assets, provision of digital wireless communications services, and the provision of fiber optic solutions to the telecommunication providers. Southern Company currently retains a Zacks #4 Rank (short-term Sell rating). We are also maintaining our long-term Neutral recommendation on the stock. DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHN COMPANY (SO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""4 Big Investing Mistakes of 2012 You don't need to predict the future, just learn from the past. Here's what European stocks, AIG, and homebuilders have in common.""]"
EXC,2013-01-09,14.6966,14.7553,14.5042,14.5208,"Economic Woes Pose Serious Headwinds for Utilities in 2013 Submitted by Investing Daily as part of our contributors program . In a typical year, utility stocks rally hard in the fourth quarter. In fact, the Dow Jones Utility Average has finished the final three months of the year in the black 36 times since 1969. Utilities' fourth-quarter seasonal strength basically reflects big investors' desire to lock in gains by loading up on more conservative, dividend-paying companies. And the action is typically reversed in the first weeks of the New Year, as money again seeks out more adventurous places. Only in truly unusual years have utilities failed to rally in the fourth quarter. The crash of 2008 is one such example. Utilities also retreated in both 2001 and 2002, when the sector was suffering its worst bear market in a generation in the wake of Enron's collapse. And they fell back in the fall of 1993 as well, as the fear of industry deregulation ignited panic. And 2012 proved to be another exception to the rule of utility fourth-quarter rallies. As per usual, the sector was weaker in the first quarter of the year, following a strong fourth-quarter 2011 rally. By summer, utilities had strengthened, but by mid-October they were dropping again. The final fourth-quarter damage to the Dow Jones Utility Average (DJUA) was a drop of about 5 percent, or roughly 3.8 percent including dividends paid, though the sector was slightly in the black for the entire year. Why did utilities fail to rally during the fourth quarter? There are several likely explanations. Worries about the impact of sudden austerity on the US economy-due to the so-called ""fiscal cliff""-had gained steam. Exelon Corp ( EXC ), one of the DJUA's larger components, dropped 16.4 percent during the quarter on still unresolved concerns about its dividend. And there was considerable uncertainty about what dividend taxes would be in 2013. The more interesting question for investors now, however, is why utilities are rallying thus far in the New Year-a time when they've historically suffered from seasonal weakness. Calming Fears Clearly, three trading days do not make a trend. But on Jan. 2, the sector had one of its best opening days ever, closing at a high of nearly 462. That followed a New Year's Eve rally beginning at just over 443, and the group has tacked on modest gains the past two days as well. One obvious reason for the rally is the partial resolution of Washington's budget battle. Utility stocks did not rally immediately when President Bush cut the tax on dividends from a top rate of 39.6 percent to just 15 percent in 2003. Consequently, there was no logical reason for the sector-or any other dividend-paying stock group-to decline if tax rates rose. There was, however, undeniably some selling of dividend-paying stocks in the year's waning months due to fears that higher taxes would trigger selling. And utility stocks were caught right in the middle of it. As it turned out, the tax portion of the budget battle turned out to be a major victory for income investors. The top rate did rise to 20 percent, or 23.8 percent including the new surtax to fund President Obama's healthcare law. But it only kicks in for income of more than $400,000 for individuals and $450,000 for couples. All dividend income below that threshold will continue to be taxed at the same rate as under 2012 rules. That's a sliding scale of between 5 percent and 15 percent, again depending on the relevant tax bracket. Unlike the 2003 Act, there's no sunset on this law. Unless and until there's legislation to change them, these are the tax rates for dividend income. And dividend income is now also at permanent parity with capital gains on tax rates. That's also a huge win for utilities, which had lobbied hard for dividends to stay on an even playing field as a way to encourage long-term investing. As is the case for the rest of the stock market, utilities' New Year rally also reflects relief that the most severe provisions of the Budget Control Act of 2011 will not come to pass. Many economists had forecast a hit to gross domestic product ( GDP ) of as much as 4 percentage points, had the full package of $600 billion in automatic tax increases and spending cuts actually gone through. As they proved in 2008, utilities would have fared far better than most businesses, had such sudden austerity tipped the economy into recession. Sector stocks, however, would likely have suffered in the near term due to uncertainty. Mainly, no one really knows how many dollars would be lost in the private sector per dollar of federal spending cuts/tax increases. And until that question was answered, fear would have run rampant. The passing of what could have been a major blow to the US economy is no doubt a good reason for relief. And the good times could well extend if other economic news continues to improve, both in the US and in Asia, where industrial output is again accelerating. In addition, utility stocks on the whole are a value in this market. The DJUA is still more than 90 points below the all-time high of about 555 reached back on Jan. 8, 2008. That's in part because of the sharp drop in Exelon, which has suffered from the decline in wholesale electricity prices. But it's also in spite of continued robust dividend growth for most of the other stocks in the index. Beware the Headwinds That too suggests further upside for utility stocks going forward, in addition to safe and generous dividends. There are, however, headwinds that could put the brakes on this rally and depress returns the rest of the year. For one thing, the budget compromise passed by Congress and signed by the president last week is still the most contractionary fiscal action by the federal government in decades. Counting the spending cuts that are likely in the coming months as the rest of the budget battle plays out, US austerity measures amount to 1.9 percent of GDP. That's more than the UK, France or Spain is currently doing, and all three of those countries are currently mired in recession. Front and center is the end of the so-called ""payroll tax holiday,"" which means Social Security tax rates will now rise by two percentage points. That's a tax increase that affects almost every American. And it will arguably have a far greater percentage impact on middle class disposable income than higher income tax rates will have on wealthier Americans. Even meeting the 0.7 percent annual growth in US electricity demand currently predicted by the US Energy Information Administration will require an enormous capital outlay by power companies in coming years. And that's not including spending needed to upgrade transmission and distribution systems to meet ever-rising standards for reliability, or for compliance with environmental regulations. Utilities that can capture a fair return on that spending rate are among the surest investments in the world. Capital spending will flow right to rate base, and from there to earnings, dividends and share prices in coming years. On the other hand, utilities that are unable to earn a fair return will suffer, just as they did following the capital spending boom in the 1970s. And though most management teams are playing things very conservatively this time around, it is possible we will see dividend cuts and even bankruptcies in extreme cases. The linchpin is companies' relationship with regulators. And thus far in this building cycle, most states have been supportive. So has the federal government, which continues to grant generous and stable returns on equity for investment in badly needed transmission infrastructure. The danger is if austerity worsens Americans' economic plight enough to fracture the current utility/regulator compact. And to be sure, we've already seen some trouble signs, such as the bashing of utilities' Hurricane Sandy response by certain Northeast politicians. Many investors consider owning exchange-traded funds ( ETF ) as the best way to play sectors. And there are certainly options for a sector as widely owned and highly capitalized as utilities. Utility HOLDRs Trust (OTC: UTHYL), for example, is an ETF that tracks the Philadelphia Utility Index-a large-cap index that holds most of the components of the DJUA. The quality of regulation, however, has historically varied widely between individual states. And while some states can be viewed as reliable supporters of investment, others simply aren't. Moreover, while a majority of power utilities are at least mostly regulated, some like Exelon are exposed to the vagaries of wholesale power prices. The bottom line is whatever the popular delusion, utility stocks are definitely not equal as investments. Some are truly destined for greatness going forward and you'll get them if you buy an ETF. But you'll also get the sector's bad and ugly. And if austerity really does dampen the economy in 2013, they definitely won't fare well. That makes individual stock selection as critical for the utility sector as for any other. And come what may for federal negotiations on the debt ceiling and government spending this spring, those differences and distinctions will only become more important as the year goes on . For 5 dividend-paying picks that should do well in 2013, see our free report on the Top 5 Dividend-Paying Companies . This article by Roger Conrad was originally published on Investing Daily under the title: Utilities' New Year Rally: Will It Last? The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-01-10,14.5335,14.5931,14.4504,14.5305,
EXC,2013-01-11,14.5687,14.6244,14.5042,14.5432,
EXC,2013-01-14,14.5754,14.6438,14.5305,14.6078,
EXC,2013-01-15,14.6136,14.7856,14.598,14.7729,
EXC,2013-01-16,14.7484,14.7914,14.6575,14.7319,"Exelon Makes Deal with Trumbull County - Analyst Blog Exelon Corporation 's ( EXC ) unit Constellation Energy Resources, LLC has entered into an agreement with Trumbull County of the state of Ohio to provide natural gas to the residential and small business clients at a cheaper rate. This contract comes under the Governmental Energy Aggregation Program of the Public Utilities Commission of Ohio (""PUCO""). Per the agreement, this program will start from March 2013 and will continue to October 2013. During this period, the residential and small business customers, who are participating in the Trumbull County natural gas program, will pay a fixed rate of $4.46 per thousand cubic feet (""Mcf"") for all natural gas supply consumption. After this 8-month tenure, the natural gas pricing will be ascertained based on the county's election to secure a fixed-price rate for the service period from October 2013 to February 2015. In Ohio, the local societies are allowed, by regulations, to unite their citizens together to purchase natural gas and/or electricity as a group and thus increase ""buying power"" to ask for lowest price for the group's natural gas and/or electricity requirements to the companies. This is called Governmental Aggregation, which was rolled out by the PUCO. As per the U.S. Energy Information Administration, the state of Ohio's natural gas price was $12.79 per Mcf in October 2012. Under this program, the company will provide natural gas to its clients almost 190% lower than the market price. Cheaper natural gas rate may attract higher number of customers in the region. This factor may enable Exelon to add new clients due to customer-switching and subsequently increase the company's market share while improving its forthcoming financial results. As a consequence of the Superstorm Sandy, Exelon invested substantial amount to repair its existing facilities and construct new utility delivery systems in Pennsylvania and Maryland. This unexpected expenditure will to some extent impact the company's future financial performance. Chicago, Illinois-based Exelon Corporation engages in generation, transmission, distribution and sale of electricity to the residential, commercial, industrial and wholesale customers. With a market capitalization of $25.41 billion, the company has 19,267 full time employees. Like another utility provider PPL Corporation ( PPL ), Exelon Corporation also has a short-term Zacks Rank #3 (Hold). EXELON CORP (EXC): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-01-17,14.8667,15.0415,14.8422,14.9273,"Top-Rated ""Wide-Moat"" Stocks Companies that can best defend their profits from competitors should pack on more gains. Which stocks to buy and sell."
EXC,2013-01-18,14.9712,15.1148,14.8774,15.0797,
EXC,2013-01-22,15.0552,15.1499,14.9556,15.1198,
EXC,2013-01-23,15.0698,15.0845,14.8461,14.8911,
EXC,2013-01-24,14.9106,15.1061,14.9106,15.0904,"[""The 5 Highest-Yielding Utility Stocks in the S&P 500 Utilitiesstocks occupy a unique niche in theinvestment world. No one who wants to get rich buyingshares of Exelon ( EXC ) or Duke Energy ( DUK ) is expecting to double theirmoney in a few months. That's because stocks in this heavily-regulated industry tend to be predictable and rarely produce outsized gains. If you are a dividend investor, however, then utilities stocks have alot tooffer . market goes down. In addition, utility stocks were heavily penalized last year by falling energy prices and the elimination of the Bush-era tax cuts, which reduced the after-tax value of their dividends. As a result, investors who buy utility shares now may benefit from share price gains as well as rich yields. Here is a look at the five highest-yielding utilities. 1. Just Energy Yield: 13%Just Energy ( JE ) is a reseller of natural gas and electricity with operations in the United States, Canada and the United Kingdom. The company sells fixed-price or price-protected energy supply contracts to about 4 million customers. But extremely high dividend yields are often a sign that something is amiss, and such is the case with Just Energy. The dividend payout has exceeded 150% of the company's cash flow in the past 12 months, which puts the dividend at risk to be cut. Another red flag is Just Energy's high customer churn rates. Customer attrition has averaged 14% in the past year, while renewal rates for expiring contracts average only 70%. During the six months ended last September, Just Energy's Funds from Operations (FFO) declined 24% to .7 million from one year earlier. The company is also highly leveraged, with debt of 5 million, representing more than eight times annual cash flow. Just Energy pays dividends monthly at a .24 annual rate and has a poor record for dividend growth. 2. American Midstream Partners Yield: 10%American Midstream Partners ( AMID ) provides natural gas gathering, processing and transportation services to customers in the Gulf Coast and Southeastern United States. This growth-focused master limited partnership (MLP) acquired two processing plants last year and is building facilities that will serve producers at the Woodbine field in East Texas. Lower volumes due to Hurricane Isaac and scheduled plant downtime resulted in a modest decline in EBITDA , which reached .7 million during the first nine months of 2012 from .9 million in the same period a year earlier. Distributable cash flow of .7 million provided only 72% coverage of the dividend. Despite a weak 2012, analysts say capacity additions and a return to normalized volume will fuel three-fold earnings growth for American Midstream in 2014 and 6% annual growth for the next five years. American Midstream went public in July 2011 and pays dividends quarterly at a .73 annual rate. 3. Atlantic Power Yield: 9%Atlantic Power ( AT ) is a Canadian utility that sells electricity to large commercial customers under long-term purchase contracts. The company generates 2,117 megawatts of mostly natural-gas-based power from generating plants in the United States and Canada. Atlantic Power has grown through acquisitions. Last year, it merged with Capital Power Income, thereby almost doubling in size. Due to high depreciation charges, Atlantic Power is not currently profitable, but the company expects to turn a profit in 2014. But EBITDA, a more important cash flow measure, rose 134% to 1.8 million during the first nine months of 2012 from a year earlier. Management has confirmed full-year guidance for dividend payout from cash flow in a 90-97% range, suggesting the dividend is sustainable. Rising debt is a concern with this company, though. At present, Atlantic Power has .9 billion in debt, which amounts to more than 15 times annual cash flow of 2 million. The company pays dividends monthly at a .16 annual rate. The dividend was increased 5% last year at the time of the Capital Power merger . 4. Suburban Propane Partners Yield: 8%Suburban Propane Partners (SPH) is an MLP that provides propane, kerosene and other fuels to homes and businesses. The .9 billion acquisition of the retail propane operations of Inergy LP (Nasdaq: NRGY) last year effectively doubled the company's size and expanded its geographic reach in the Midwest United States. Suburban Propane is currently the country's third-largest propane marketer, as measured by retail gallons sold. Last year was extremely challenging for Suburban Propane. Unusually warm temperatures affected volume and triggered a nearly 20% decline in propane prices. As a result, the company's fiscal 2012 EBITDA for the year ended in September plummeted 40% to 8.5 million from the same period in 2011. Suburban Propane couldn't cover 1 million of distributions from cash flow, instead relying on funds secured by issuing additional partnership units. The board increased the distribution 3% last year to a new annual rate of .50 per share, which takes effect in the first quarter of fiscal 2013. 5. Amerigas Partners LP Yield: 8%Amerigas Partners (APU) is the United States' largest propane distributor and serves more than 2 million businesses and homes. The company began as the industry's dominant player last year by acquiring Heritage Propane in a .9 billion deal. The Heritage acquisition also brought the company the financial resources of a powerful new partner, Heritage's former owner, Energy Transfer Partners (ETP) , who currently owns 32% of Amerigas Partners. Reflecting the immediate benefits of the merger, this MLP's fiscal 2012 EBITDA for the year ending in September rose 15% to 4.2 million from a year ago. Amerigas Partners easily covered 2 million of distribution payments last year and management expects fiscal 2013 EBITDA to exceed 0 million, assuming normal temperatures and propane consumption in this year's heating season. The company has a good record for growing distributions, which have risen 40% in six years to an annual rate of .20 per share today. The company also occasionally pays special one-time dividends: 5. Amerigas Partners LP Yield: 8% Amerigas Partners (APU) is the United States' largest propane distributor and serves more than 2 million businesses and homes. The company began as the industry's dominant player last year by acquiring Heritage Propane in a $2.9 billion deal. The Heritage acquisition also brought the company the financial resources of a powerful new partner, Heritage's former owner, Energy Transfer Partners (ETP) , who currently owns 32% of Amerigas Partners. Reflecting the immediate benefits of the merger, this MLP's fiscal 2012 EBITDA for the year ending in September rose 15% to $384.2 million from a year ago. Amerigas Partners easily covered $272 million of distribution payments last year and management expects fiscal 2013 EBITDA to exceed $630 million, assuming normal temperatures and propane consumption in this year's heating season. The company has a good record for growing distributions, which have risen 40% in six years to an annual rate of $3.20 per share today. The company also occasionally pays special one-time dividends: $0.25 a share in 2007 and $0.17 a share in 2009. .25 a share in 2007 and 5. Amerigas Partners LP Yield: 8% Amerigas Partners (APU) is the United States' largest propane distributor and serves more than 2 million businesses and homes. The company began as the industry's dominant player last year by acquiring Heritage Propane in a $2.9 billion deal. The Heritage acquisition also brought the company the financial resources of a powerful new partner, Heritage's former owner, Energy Transfer Partners (ETP) , who currently owns 32% of Amerigas Partners. Reflecting the immediate benefits of the merger, this MLP's fiscal 2012 EBITDA for the year ending in September rose 15% to $384.2 million from a year ago. Amerigas Partners easily covered $272 million of distribution payments last year and management expects fiscal 2013 EBITDA to exceed $630 million, assuming normal temperatures and propane consumption in this year's heating season. The company has a good record for growing distributions, which have risen 40% in six years to an annual rate of $3.20 per share today. The company also occasionally pays special one-time dividends: $0.25 a share in 2007 and $0.17 a share in 2009. .17 a share in 2009. Risks to Consider: Three of these companies are MLPs and thus required to distribute the majority of their income to investors. This means they must rely on debt and dilutiveequity to make acquisitions. Investors should alsonote that MLP distributions are taxed asordinary income rather than at the lower dividend rate. But because of depreciation allowances, typically 80-90% of the distribution is considered areturn of capital , which results intaxes on this portion being deferred until the MLP units are sold. Action to Take --> My top pick from this list is Amerigas Partners. This MLP offers rising cash flow, strong coverage of its distribution and a great track record for distribution growth. Atlantic Power is also a good pick (albeit slightly more risky). Companies such as Just Energy, Suburban Propane and American Midstream Partners, which aren't covering their distributions from cash flow, are too risky for my taste. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. \u00a9 Copyright 2001-2016 StreetAuthority, LLC. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Entergy Provides 4Q & FY13 Outlook - Analyst Blog Integrated energy company, Entergy Corporation ( ETR ) provided fourth-quarter 2012 preliminary operational earnings expectation of approximately $1.71 per share and as-reported earnings expectation of approximately $1.65 per share. Results for fourth-quarter 2011 were as-reported earnings of 87 cents per share and operational earnings of 94 cents per share. The increase in fourth-quarter 2012 earnings reflects upside in the Utility and Parent & Other segments. This would be partially offset by lower earnings at Entergy Wholesale Commodities. Segment Details Utility The quarter-over-quarter increase in Utility fourth quarter 2012 operational earnings reflected lower income tax expense. Higher net revenue also contributed to the Utility earnings improvement, driven by volume and price. Both comparable periods had roughly similar negative weather effects. On a weather-adjusted basis, retail sales were higher, driven by growth in the residential and commercial segments. Partially offsetting these items was an increase in depreciation expense. Entergy Wholesale Commodities (EWC) The quarter-over-quarter decrease in earnings at Entergy Wholesale Commodities was due to lower net revenue and increases in income tax and decommissioning expenses. EWC net revenue declined due to lower pricing for the nuclear fleet. Higher decommissioning expense was incurred this quarter versus the prior year due to the benefit from an adjustment to the decommissioning liability recorded in the fourth quarter of 2011. Parent & Other At Parent & Other, operational results improved during the quarter due to a decrease in income tax expense on Parent & Other activities. This was partially offset by higher interest expense. Earnings Guidance Entergy affirmed its 2013 operational earnings guidance in the range of $4.60 to $5.40 per share. Entergy noted it currently expects earnings to be on the lower half of the operational guidance range due to updated pension and post-retirement cost estimates, which include an approximate 75 basis point decrease in the discount rate assumption. Entergy had earlier, in December 2011, entered into a definitive agreement with ITC Holdings Corporation ( ITC ), under which the former will divest its electric transmission business to the latter for gross cash of $1.775 billion. The divested business would be merged with the operations of ITC Holdings. Recently, Entergy Arkansas Inc. along with ITC Holdings Corp. and ITC Midsouth LLC, filed a request at the Arkansas Public Service Commission to spin off the Arkansas electric transmission business and merge it into a subsidiary of ITC. The company expects the transaction to complete by 2013. Entergy is expected to release its fourth-quarter 2012 earnings on Feb 8, 2013. The Zacks Consensus Estimates for fourth-quarter 2012 and fiscal 2012 are currently pegged at 96 cents per share and $5.49 per share, respectively. New Orleans, Louisiana based Entergy is primarily engaged in electric power production and retail distribution of power. With 30,000MW of generating capacity, the company distributes electricity to 2.8 million customers in Arkansas, Louisiana, Mississippi, and Texas. Of this, 14,631MW are gas/oil based, 2,259 are coal based, 70MW are hydro based and the rest are nuclear based. The company also distributes natural gas to 240,000 customers in Louisiana. Entergy is the second largest U.S. nuclear power generator after Exelon Corporation ( EXC ). Entergy is well positioned with its geographically-diverse mix of regulated and merchant operations. The company is focused on maximizing its shareholder value through steady investment for rate base growth, as well as through its ongoing stock buyback program and incremental dividend. However, we are concerned regarding the tepid growth of its competitive business due to lukewarm power demand in the Northeast, pending regulatory approvals and the fate of its Indian Point plant. Entergy faces stiff competition from CenterPoint Energy Inc. ( CNP ). The latter is also focusing hard on the development of its pipeline assets. Entergy has a short-term Zacks #3 Rank (Hold rating) in view of the continued weak economic environment in the U.S. which will weigh on the company's power sales. CENTERPOINT EGY (CNP): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ITC HOLDINGS CP (ITC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-01-25,15.0952,15.4001,14.936,15.4001,"[""Exelon Unit in Solar Drive - Analyst Blog Constellation Energy Resources - an Exelon Corporation ( EXC ) business wing - has constructed a 5.7 MW solar power project in Lake Country, OR. The Exelon unit has already secured a long-term power purchase agreement for the electricity generated from this solar system. Constellation Energy will sell the entire output from the plant to Portland General Electric (PGE) for the next 25 years. The long-term power purchase agreement will help Portland General Electric to diversify its generation resources and fulfill the renewable energy standards of the State of Oregon. The solar system consisting of 20,000 ground-mounted photovoltaic panels will generate 10 million kilowatt hours of power annually. At the same time it will reduce green house gas emission by 2,250 metric tons per year. Exelon generates most of its electricity from nuclear power plants with more than 60% of its total generation coming from nuclear powered units. Even though the company adheres to all necessary safety measures, nuclear power generation has been a debatable issue worldwide since the nuclear debacle in Japan. In this context it is encouraging to note that the company is also venturing into environmentally friendly power projects to enhance its capacity. At present, nearly 10% of Exelon's total production come from renewable sources with the proportion rising gradually. If we take a look at the fuel mix for power generation, there are quite a few big names mostly operating coal-fired units. American Electric Power Co. ( AEP ) and PPL Corp. ( PPL ) generate more than 50% of their electricity from coal-fired plants. On the other hand we also have producers like Avista Corporation ( AVA ) generating more than 50% of their power from renewable sources. With as many as 30 U.S. states and the State of Columbia having enforceable renewable portfolio standards or other renewable generation policies, we believe generation from renewable sources will continue to increase in the coming years. Chicago, Illinois-based Exelon Corporation engages in generation, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers. With a market capitalization of $16.87 billion, the company has 19,267 full time employees. Exelon currently retains a Zacks Rank #3 (Hold). AMER ELEC PWR (AEP): Free Stock Analysis Report AVISTA CORP (AVA): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Alliant Energy Corporation (LNT) Ex-Dividend Date Scheduled for January 29, 2013 Alliant Energy Corporation ( LNT ) will begin trading ex-dividend on January 29, 2013. A cash dividend payment of $0.47 per share is scheduled to be paid on February 15, 2013. Shareholders who purchased LNT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.44% increase over the prior quarter. The previous trading day's last sale of LNT was $45.89, representing a -3.69% decrease from the 52 week high of $47.65 and a 9.63% increase over the 52 week low of $41.86. LNT is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). LNT's current earnings per share, an indicator of a company's profitability, is $2.79. Zacks Investment Research reports LNT's forecasted earnings growth in 2012 as 7.65%, compared to an industry average of 2.5%. For more information on the declaration, record and payment dates, visit the LNT Dividend History page. Interested in gaining exposure to LNT through an Exchange Traded Fund [ETF]? The following ETF(s) have LNT as a top-10 holding: iShares S&P MidCap 400/Barra Value Index Fund ( IJJ ) SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value ( MDYV ). The top-performing ETF of this group is MDYV with an increase of 17.35% over the last 100 days. IJJ has the highest percent weighting of LNT at 0.84%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-01-28,15.448,15.4978,15.32,15.4821,"[""UNITIL Corporation (UTL) Ex-Dividend Date Scheduled for January 30, 2013 UNITIL Corporation ( UTL ) will begin trading ex-dividend on January 30, 2013. A cash dividend payment of $0.345 per share is scheduled to be paid on February 15, 2013. Shareholders who purchased UTL stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 53rd quarter that UTL has paid the same dividend. The previous trading day's last sale of UTL was $26.47, representing a -6.8% decrease from the 52 week high of $28.40 and a 9.6% increase over the 52 week low of $24.15. UTL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). UTL's current earnings per share, an indicator of a company's profitability, is $1.75. Zacks Investment Research reports UTL's forecasted earnings growth in 2012 as 19.18%, compared to an industry average of 2.5%. For more information on the declaration, record and payment dates, visit the UTL Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Southern Co Unit Seeks Higher Rates - Analyst Blog Mississippi Power Co. - a subsidiary of electric utility firm Southern Company ( SO ) - has filed a request with state regulators to increase customer rates, connected with the Kemper County energy facility, by $172 million, in order to cover up the financing cost related to the construction of the plant. The cost of the Kemper County Lignite Plant is estimated to be around $3 billion. Last week, Mississippi Power and Mississippi Public Service Commission reached an agreement, which allows Mississippi Power to seek higher customer rates for rising costs associated with the plant. A day later the Mississippi power unit filed for the current rate increase. If the regulators approve the company's proposal, customer bills will rise by 21% by April. Mississippi Power has planned to build the Kemper plant in the Chickasawhay flood plain. The company will dig a hole of 100 feet for extracting lignite - a wet, woody and low energy coal - to be used as fuel for the 582-megawatt (MW) Kemper power plant. The plant is one of the two integrated gasification combined-cycle (IGCC) plants which are being constructed in the country. The project is now almost 75% complete and is expected to be online by May 2014. The development has already created roughly 12,000 direct and indirect jobs. Management believes that it will create an additional 1,000 direct and indirect jobs once it starts operation and will also contribute millions of dollars as tax payment to the economy of Mississippi. Mississippi Power is engaged in providing retail and wholesale electric services to approximately 200,000 customers in 23 counties from the Gulf Coast to Meridian. It owns or has major ownership interests in six generating facilities with net dependable generating capacity of 3,166 MW. Headquartered in Atlanta, Georgia, Southern Company is one of the largest generators of electricity in the nation, along with the likes of Exelon Corporation ( EXC ) and Duke Energy Corporation ( DUK ) - which serves both regulated and competitive markets across the southeastern U.S. Southern Company currently retains a Zacks Rank #4 (Sell), implying that it is expected to underperform the broader U.S. equity market over the next one to three months. In the electric utility space Ameren Corporation ( AEE ) displays better fundamentals and currently holds a Zacks Rank #1 (Strong Buy). AMEREN CORP (AEE): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHN COMPANY (SO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-01-29,15.4227,15.658,15.4128,15.5595,"NiSource, Inc (NI) Ex-Dividend Date Scheduled for January 31, 2013 NiSource, Inc ( NI ) will begin trading ex-dividend on January 31, 2013. A cash dividend payment of $0.24 per share is scheduled to be paid on February 20, 2013. Shareholders who purchased NI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that NI has paid the same dividend. The previous trading day's last sale of NI was $26.76, representing a -0.45% decrease from the 52 week high of $26.88 and a 18.56% increase over the 52 week low of $22.57. NI is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NI's current earnings per share, an indicator of a company's profitability, is $1. Zacks Investment Research reports NI's forecasted earnings growth in 2012 as 10.43%, compared to an industry average of 2.5%. For more information on the declaration, record and payment dates, visit the NI Dividend History page. Interested in gaining exposure to NI through an Exchange Traded Fund [ETF]? The following ETF(s) have NI as a top-10 holding: First Trust North American Energy Infrastructure Fund ( EMLP ) WisdomTree MidCap Dividend Fund ( DON ) SPDR DJ Wilshire Mid Cap ETF ( EMM ). The top-performing ETF of this group is EMM with an increase of 12.21% over the last 100 days. EMLP has the highest percent weighting of NI at 3.41%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-01-30,15.5867,15.617,15.4891,15.5164,
EXC,2013-01-31,15.5028,15.6268,15.3943,15.6122,
EXC,2013-02-01,15.6346,15.6346,15.3533,15.408,"Georgia Power Files a 20-year Plan - Analyst Blog Georgia Power Co. - the largest subsidiary of electric utility firm Southern Company ( SO ) - has filed a 20-year resource plan with the Georgia Public Service Commission (PSC), asking for a planned reduction in its power generating capacity by 1,000 megawatts (MW). According to management, the declining need for power by the consumers and the purchase of power from some other utilities are the main reasons behind the plan. As per the filing, Georgia Power seeks to shut down 15 coal and oil-fired power plants, and also to sell and decertify one plant of 32 MW capacity, thereby reducing the company's power generating capacity by 2,093 MW. However, the utility's power purchasing agreements for natural gas, which are already in place now, will be able to offset some of the lost generating capacity, resulting in an eventual decrease of roughly 1,000 MW. Georgia Power is the largest of four electric utilities that make up Southern Company. It is an investor-owned, tax-paying utility that serves 2.3 million customers in all but four of Georgia's 159 counties. It has been providing electricity to Georgia for more than a century at rates well below the national average. Headquartered in Atlanta, Georgia, Southern Company is one of the largest generators of electricity in the nation, along with the likes of Exelon Corporation ( EXC ) and Duke Energy Corporation ( DUK ) - which serve both regulated and competitive markets across the Southeastern U.S. The operating results of Southern Company are affected by weather conditions and may vary on a seasonal and quarterly basis. Electric power supply is usually a seasonal business. In several regions of the country, demand for power peaks during the summer months, along with market prices. In other areas, power demand reaches its maximum in winter. Consequently, the future operating results of the company may fluctuate substantially on a seasonal basis. Southern Company currently carries a Zacks Rank #4 (Sell), implying that it is expected to underperform the broader U.S. equity market over the next one to three months. In the electric utility space Ameren Corporation ( AEE ) displays better fundamentals and currently holds a Zacks Rank #1 (Strong buy). AMEREN CORP (AEE): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHN COMPANY (SO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-02-04,15.3533,15.3893,15.1813,15.2702,"[""CMS Energy Corporation (CMS) Ex-Dividend Date Scheduled for February 06, 2013 CMS Energy Corporation ( CMS ) will begin trading ex-dividend on February 06, 2013. A cash dividend payment of $0.255 per share is scheduled to be paid on February 28, 2013. Shareholders who purchased CMS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.25% increase over the prior quarter. The previous trading day's last sale of CMS was $25.83, representing a -0.39% decrease from the 52 week high of $25.93 and a 22.3% increase over the 52 week low of $21.12. CMS is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). CMS's current earnings per share, an indicator of a company's profitability, is $1.32. Zacks Investment Research reports CMS's forecasted earnings growth in 2012 as 6.58%, compared to an industry average of 6%. For more information on the declaration, record and payment dates, visit the CMS Dividend History page. Interested in gaining exposure to CMS through an Exchange Traded Fund [ETF]? The following ETF(s) have CMS as a top-10 holding: WisdomTree MidCap Dividend Fund ( DON ). The top-performing ETF of this group is DON with an increase of 7.55% over the last 100 days. It also has the highest percent weighting of CMS at 0.86%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Duke Energy Shedding Coal Plants - Analyst Blog Duke Energy Corporation ( DUK ) announced that its Buck and Riverbend steam stations, coal-fired power plants in the Charlotte area, will retire two years earlier than scheduled. Earlier, both stations had been slated for retirement in Apr 2015 in apprehension of upcoming federal environmental regulations. However, the company elected to retire Buck Units 5 and 6 and Riverbend Units 4 through 7 on Apr 1, 2013. A total of 65 employees work at these plants. The aforementioned units have been operating infrequently in recent years and in the future would have operated even less with the recent completion of new, more efficient plants and low natural gas prices. Of late, the company has been investing in new plants, retiring older plants as well as working on modernization and upgrade of plants to reduce emissions across its service area. Since 2007, the company has invested approximately $6 billion in new plants and has retired up to 6,800 megawatts of older coal capacity. All the more, it has invested another $7.5 billion for plant upgrades. These developments indicate the company's commitment to meeting electricity needs through advanced and cleaner generation while fetching revenues at the same time. Also, the acquisition of Progress Energy Inc. seems to be a smart move made by the company. It has increased the company's ability to build new power plants to meet future greenhouse-gas emissions limits. However, valuation continues to be restrained by a number of factors, including the present unfavorable macro backdrop, predominantly fossil-fuel based generation assets, tepid demand for electricity, foreign currency exchange volatility, pending regulatory cases and the aftermath of Hurricane Sandy. New Jersey, where Duke Energy has about 65% of its customers, was hit hardest by Sandy. Other hard-hit states include Connecticut, West Virginia, New York and Rhode Island. Duke Energy presently retains a short-term Zacks Rank #3 (Hold). Based in Charlotte, North Carolina, Duke Energy is a diversified energy company with a portfolio of domestic and international, natural gas and electric, regulated and unregulated businesses, which supply, deliver, and process energy for customers in North America and selected international markets. Duke Energy Corporation's U.S. electricity and gas operations are spread over the Carolinas, Florida, Indiana, Kentucky and Ohio that help in generating a relatively stable and growing earnings stream. Earlier, the acquisition of Progress Energy in July 2012 made Duke Energy the largest U.S. utility in terms of market capitalization. Prior to that, Chicago-based Exelon Corporation ( EXC ) was the largest U.S. utility. In the electric utility space Ameren Corporation ( AEE ) and Pike Electric Corporation ( PIKE ) display better fundamentals and currently hold a Zacks Rank #1 (Strong buy). AMEREN CORP (AEE): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PIKE ELECTRIC (PIKE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corporation Likely to Miss - Analyst Blog Exelon Corporation ( EXC ) will release its fourth quarter 2012 financial results before the market opens on Feb 7, 2013. In the prior quarter, this electric utility reported an earnings surprise of 6.94%. Exelon Corporation currently has a Zacks Rank #3 (Hold). Let's see how things are shaping up at Exelon prior to this announcement. Factors to Consider This Quarter As in the preceding quarter, the accretive benefits from the merger with Constellation are expected to boost results. However, the sluggish pace of economic recovery in the U.S. has forced Exelon to reschedule its long-term capex plans. The slackness in demand has led Exelon to delay the completion of three projects. Like other utilities based in the East Coast, the aftermath of Hurricane Sandy will impact the results of the company in the fourth quarter of 2012. Earnings Whispers Our proven model does not conclusively show that Exelon Corporation is likely to beat earnings this quarter. This is because a stock needs to have both a positive earnings Expected Surprise Prediction (ESP) (Read: Zacks Earnings ESP: A Better Method ) and a Zacks Rank of #1, 2 or 3 for this to happen. This is not the case here. Negative Zacks ESP : This is because the Most Accurate estimate stands at 63 cents while the Zacks Consensus Estimate is higher at 65 cents. That is a difference of -3.08%. Zacks Rank #3 (Hold) : Exelon's Zacks Rank #3 enhances the possibility of an earnings surprise. However the negative ESP complicates the forecasting power making surprise prediction difficult. We caution investors against the stock going into the earnings announcement, as a Zacks earnings ESP of -3.08% lowers the possibility of an earnings surprise. Other Stocks to Consider Other companies you may want to consider on the basis of our model which shows that they have the right combination of elements to post an earnings beat this quarter are as follows: TECO Energy Inc. ( TE ) has earnings ESP of +14.29% and Zacks Rank #3 (Hold). Otter Tail Corporation ( OTTR ) has earnings ESP of +6.67% and Zacks Rank #3 (Hold). PPL Corporation ( PPL ) has earnings ESP of +6.52% and Zacks Rank #3 (Hold). EXELON CORP (EXC): Free Stock Analysis Report OTTER TAIL CORP (OTTR): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report TECO ENERGY (TE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-02-05,15.3151,15.3659,15.2086,15.32,"ETR Investigating SuperBowl Blackout - Analyst Blog Entergy Corporation ( ETR ) along with SMG, the management company of the Mercedes-Benz Superdome, is investigating the partial power loss during the Super Bowl in New Orleans. Earlier on Sunday shortly after the beginning of the second half of the Super Bowl in the Mercedes Benz Superdome, a piece of equipment that is designed to monitor electrical load sensed an abnormality in the system. Once the issue was detected, the sensing equipment operated as designed and opened a breaker, causing power to be partially cut to the Superdome in order to isolate the issue. Backup generators kicked in immediately as designed. Entergy and SMG subsequently coordinated start up procedures, ensuring that full power was safely restored to the Superdome. The fault-sensing equipment activated where the Superdome equipment intersects with Entergy's feed into the facility. There were no additional issues detected. New Orleans, Louisiana based Entergy is primarily engaged in electric power production and retail distribution of power. With 30,000MW of generating capacity, the company distributes electricity to 2.8 million customers in Arkansas, Louisiana, Mississippi, and Texas. Of this, 14,631MW are gas/oil based, 2,259 are coal based, 70MW are hydro based and the rest are nuclear based. The company also distributes natural gas to 240,000 customers in Louisiana. Entergy is the second largest U.S. nuclear power generator after Exelon Corporation ( EXC ). Entergy affirmed its 2013 operational earnings guidance in the range of $4.60 to $5.40 per share. Entergy noted it currently expects earnings to be on the lower half of the operational guidance range due to updated pension and post-retirement cost estimates, which include an approximate 75 basis point decrease in the discount rate assumption. Entergy had earlier, in December 2011, entered into a definitive agreement with ITC Holdings Corporation ( ITC ), under which the former will divest its electric transmission business to the latter for gross cash of $1.775 billion. The divested business would be merged with the operations of ITC Holdings. Recently, Entergy Arkansas Inc. along with ITC Holdings Corp. and ITC Midsouth LLC, filed a request at the Arkansas Public Service Commission to spin off the Arkansas electric transmission business and merge it into a subsidiary of ITC. The company expects the transaction to complete by 2013. Entergy is expected to release its fourth-quarter 2012 earnings on Feb 8, 2013. The Zacks Consensus Estimates for fourth-quarter 2012 and fiscal 2012 are currently pegged at $1.34 per share and $5.78 per share, respectively. Entergy is well positioned with its geographically diverse mix of regulated and merchant operations. The company is focused on maximizing its shareholder value through steady investment for rate base growth, as well as through its ongoing stock buyback program and incremental dividend. However, we are concerned regarding the tepid growth of its competitive business due to lukewarm power demand in the Northeast, pending regulatory approvals and the fate of its Indian Point plant. Entergy faces competition from CenterPoint Energy Inc. ( CNP ). The latter is also focusing hard on the development of its pipeline assets. Entergy has a short-term Zacks Rank #3 (Hold rating) in view of the continued weak economic environment in the U.S. which will weigh on the company's power sales. CENTERPOINT EGY (CNP): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ITC HOLDINGS CP (ITC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-02-06,15.2594,15.3943,15.1335,15.3835,"Pre-Market Earnings Report for February 7, 2013 : EXC, TEVA, MFC, CTSH, TCK, NBL, CI, S, HOT, BG, TDC, CCE The following companies are expected to report earnings prior to market open on 02/07/2013. Visit our Earnings Calendar for a full list of expected earnings releases. Exelon Corporation ( EXC ) is reporting for the quarter ending December 31, 2012. The electric power utilities company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.65. This value represents a -20.73% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for EXC is 10.75 vs. an industry ratio of 8.50, implying that they will have a higher earnings growth than their competitors in the same industry. Teva Pharmaceutical Industries Limited ( TEVA ) is reporting for the quarter ending December 31, 2012. The medical company's consensus earnings per share forecast from the 17 analysts that follow the stock is $1.33. This value represents a -16.35% decrease compared to the same quarter last year. TEVA missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -0.78%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for TEVA is 7.04 vs. an industry ratio of 20.90. Manulife Financial Corp ( MFC ) is reporting for the quarter ending December 31, 2012. The life insurance company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.32. This value represents a -740.00% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for MFC is 17.13 vs. an industry ratio of 12.10, implying that they will have a higher earnings growth than their competitors in the same industry. Cognizant Technology Solutions Corporation ( CTSH ) is reporting for the quarter ending December 31, 2012. The business software company's consensus earnings per share forecast from the 21 analysts that follow the stock is $0.91. This value represents a 16.67% increase compared to the same quarter last year. In the past year CTSH has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2012 Price to Earnings ratio for CTSH is 22.84 vs. an industry ratio of 27.50. Teck Resources Ltd ( TCK ) is reporting for the quarter ending December 31, 2012. The mining company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.51. This value represents a -52.34% decrease compared to the same quarter last year. The last two quarters TCK had negative earnings surprises; the latest report they missed by -4.76%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for TCK is 14.56 vs. an industry ratio of -3.80, implying that they will have a higher earnings growth than their competitors in the same industry. Noble Energy Inc. ( NBL ) is reporting for the quarter ending December 31, 2012. The oil (us exp & production) company's consensus earnings per share forecast from the 22 analysts that follow the stock is $1.07. This value represents a -9.32% decrease compared to the same quarter last year. The last two quarters NBL had negative earnings surprises; the latest report they missed by -10.58%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for NBL is 24.38 vs. an industry ratio of 21.90, implying that they will have a higher earnings growth than their competitors in the same industry. Cigna Corporation ( CI ) is reporting for the quarter ending December 31, 2012. The insurance company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.48. This value represents a 33.33% increase compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for CI is 10.27 vs. an industry ratio of 10.40. Sprint Nextel Corporation ( S ) is reporting for the quarter ending December 31, 2012. The diversified company's consensus earnings per share forecast from the 20 analysts that follow the stock is $-0.46. This value represents a 31.43% increase compared to the same quarter last year. In the past year S has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 48%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for S is -3.94 vs. an industry ratio of 10.60. Starwood Hotels & Resorts Worldwide, Inc. ( HOT ) is reporting for the quarter ending December 31, 2012. The hotel company's consensus earnings per share forecast from the 20 analysts that follow the stock is $0.65. This value represents a -8.45% decrease compared to the same quarter last year. In the past year HOT has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 9.43%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for HOT is 24.12 vs. an industry ratio of 21.80, implying that they will have a higher earnings growth than their competitors in the same industry. Bunge Limited ( BG ) is reporting for the quarter ending December 31, 2012. The agriculture company's consensus earnings per share forecast from the 8 analysts that follow the stock is $2.39. This value represents a 44.85% increase compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for BG is 12.55 vs. an industry ratio of 11.70, implying that they will have a higher earnings growth than their competitors in the same industry. Teradata Corporation ( TDC ) is reporting for the quarter ending December 31, 2012. The computer storage company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.70. This value represents a 11.11% increase compared to the same quarter last year. In the past year TDC has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 3.17%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for TDC is 25.61 vs. an industry ratio of -23.30, implying that they will have a higher earnings growth than their competitors in the same industry. Coca-Cola Enterprises, Inc. ( CCE ) is reporting for the quarter ending December 31, 2012. The beverages company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.43. This value represents a 19.44% increase compared to the same quarter last year. In the past year CCE has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2012 Price to Earnings ratio for CCE is 15.46 vs. an industry ratio of 28.60. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-02-07,15.6903,16.1856,15.5535,15.5769,"Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for February 11, 2013 Consolidated Edison Inc ( ED ) will begin trading ex-dividend on February 11, 2013. A cash dividend payment of $0.615 per share is scheduled to be paid on March 15, 2013. Shareholders who purchased ED stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.65% increase over the prior quarter. The previous trading day's last sale of ED was $56.83, representing a -13.04% decrease from the 52 week high of $65.35 and a 5.97% increase over the 52 week low of $53.63. ED is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ED's current earnings per share, an indicator of a company's profitability, is $3.86. Zacks Investment Research reports ED's forecasted earnings growth in 2013 as 2.02%, compared to an industry average of 5.7%. For more information on the declaration, record and payment dates, visit the ED Dividend History page. Interested in gaining exposure to ED through an Exchange Traded Fund [ETF]? The following ETF(s) have ED as a top-10 holding: Select Sector SPDR Fund - Utilities ( XLU ) iShares Dow Jones U.S. Utilities Index Fund ( IDU ) Vanguard Utilities ETF ( VPU ) PowerShares Dynamic Utilities ( PUI ) SPDR S&P Dividend ETF ( SDY ). The top-performing ETF of this group is SDY with an increase of 7.16% over the last 100 days. XLU has the highest percent weighting of ED at 3.75%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-02-08,15.5622,15.5622,15.3034,15.4343,"[""Wisconsin Energy Corporation (WEC) Ex-Dividend Date Scheduled for February 12, 2013 Wisconsin Energy Corporation ( WEC ) will begin trading ex-dividend on February 12, 2013. A cash dividend payment of $0.34 per share is scheduled to be paid on March 01, 2013. Shareholders who purchased WEC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 13.33% increase over the prior quarter. The previous trading day's last sale of WEC was $40, representing a -3.57% decrease from the 52 week high of $41.48 and a 18.62% increase over the 52 week low of $33.72. WEC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WEC's current earnings per share, an indicator of a company's profitability, is $2.35. Zacks Investment Research reports WEC's forecasted earnings growth in 2013 as 2.55%, compared to an industry average of 5.1%. For more information on the declaration, record and payment dates, visit the WEC Dividend History page. Interested in gaining exposure to WEC through an Exchange Traded Fund [ETF]? The following ETF(s) have WEC as a top-10 holding: PowerShares S&P 500 Low Volatility Portfolio ETF ( SPLV ) Guggenheim Defensive Equity ETF ( DEF ). The top-performing ETF of this group is SPLV with an increase of 4.73% over the last 100 days. It also has the highest percent weighting of WEC at 1.18%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for Feb 8, 2013 : QQQ, ATVI, EXC, LLY, COP, BAC, SE, DD, CA, NWSA, BRCM, SIRI The NASDAQ 100 After Hours Indicator is down -.37 to 2,775.19. The total After hours volume is currently 22,319,531 shares traded. The following are the most active stocks for the after hours session : PowerShares QQQ Trust, Series 1 ( QQQ ) is unchanged at $67.99, with 3,653,532 shares traded. This represents a 13.24% increase from its 52 Week Low. Activision Blizzard, Inc ( ATVI ) is -0.1278 at $13.28, with 1,376,915 shares traded., following a 52-week high recorded in today's regular session. Exelon Corporation ( EXC ) is unchanged at $31.08, with 1,153,833 shares traded. EXC's current last sale is 92.78% of the target price of $33.5. Eli Lilly and Company ( LLY ) is unchanged at $53.72, with 999,657 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2013. The consensus EPS forecast is $1.04. LLY's current last sale is 99.48% of the target price of $54. ConocoPhillips ( COP ) is unchanged at $57.87, with 993,789 shares traded. COP's current last sale is 93.34% of the target price of $62. Bank of America Corporation ( BAC ) is -0.01 at $11.75, with 990,555 shares traded. Over the last four weeks they have had 11 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2013. The consensus EPS forecast is $0.23. BAC's current last sale is 90.38% of the target price of $13. Spectra Energy Corp ( SE ) is -0.0196 at $29.56, with 964,607 shares traded. SE's current last sale is 98.53% of the target price of $30. E.I. du Pont de Nemours and Company ( DD ) is unchanged at $47.50, with 900,725 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2013. The consensus EPS forecast is $1.41. DD's current last sale is 92.23% of the target price of $51.5. CA Inc. ( CA ) is unchanged at $25.02, with 651,123 shares traded. CA's current last sale is 96.23% of the target price of $26. News Corporation ( NWSA ) is unchanged at $28.46, with 557,056 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2013. The consensus EPS forecast is $0.44. , following a 52-week high recorded in today's regular session. Broadcom Corporation ( BRCM ) is unchanged at $33.24, with 549,293 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2013. The consensus EPS forecast is $0.58. As reported by Zacks, the current mean recommendation for BRCM is in the \""buy range\"". Sirius XM Radio Inc. ( SIRI ) is unchanged at $3.12, with 524,676 shares traded. SIRI's current last sale is 95.27% of the target price of $3.275. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Entergy Posts Higher Profits - Analyst Blog Before the bell, Entergy Corporation ( ETR ) reported its fourth quarter and full year 2012 results. In the reported quarter, the company posted operational EPS of $1.72, beating the Zacks Consensus Estimate of $1.41. Earnings also came in higher than the year-ago quarter's 94 cents. On a reported basis, including one-time items, earnings came in at $1.66 for the reported quarter compared with 87 cents in the year-ago quarter. Full year 2012 operational earnings came in at $6.23 per share, beating the Zacks Consensus Estimate of $5.83. This, however, came in lower than full year 2011 earnings of $7.62 per share. On a reported basis earnings for full year 2012 came in at $4.76 per share versus $7.55 in 2011. Operational Results Revenue in the reported quarter fell 2.1% year over year to $2.4 billion, falling short of the Zacks Consensus Estimate of $3.2 billion. Of this Electricity revenue was down 1.7% to $1.8 billion, Natural Gas was down 5.0% to $37.4 billion, while Competitive Businesses were down 3.4% to $568.0 billion. On an operational basis, earnings were $307.0 million compared with $167.2 million in the year-ago quarter; while on a reported basis Entergy's earnings came in at $296.3 million compared with $154.1 million in the year-ago quarter. Full year 2012 revenue was $10.3 billion versus the Zacks Consensus Estimate of approximately $11.0 billion. Full year revenue also came below $11.2 billion generated a year ago. Segment Results Utility Utility's quarterly earnings were $279.7 million on an as-reported basis and $290.5 million on an operational basis, compared with $169.7 million on both as-reported and operational bases in fourth quarter 2011. The year-over-year increase was largely due to lower income tax expense. The reduction in income tax expense was driven by a settlement with the IRS, completed at the end of 2012, regarding the tax treatment of the utilities' decommissioning liabilities. Entergy Wholesale Commodities Entergy Wholesale Commodities' as-reported and operational earnings were $58.8 million for fourth quarter 2012, compared with $155.0 million for fourth quarter 2011. The year-over-year decline was attributable to a higher effective income tax rate and higher decommissioning expense. The higher decommissioning expense was due to the benefit from an adjustment to the decommissioning liability recorded in the fourth quarter of 2011. Parent & Other Parent & Other reported a loss of $42.3 million on both as-reported basis and an operational basis for fourth quarter 2012. This compares to a loss of $170.6 million on an as-reported basis and $157.5 million on an operational basis in fourth quarter 2011. The narrower loss was driven by lower income tax expense partially offset by higher interest expense. Financial Condition Entergy in full year 2012 generated $2.9 billion from operating activities compared with $3.1 billion in full year 2011. Cash and cash equivalents at the end of the reported period were $532.6 million versus $694.4 million at year-end 2011. Long-term debt increased to $11.9 billion compared with slightly above $10.0 billion at year-end 2011. Guidance Entergy reaffirmed its previously issued 2013 earnings guidance in the range of $4.60 to $5.40 per share on both an as-reported basis and an operational basis. The company also noted it currently expects 2013 earnings on the lower half of the guidance range due to updated pension and post-retirement cost estimates, which include an approximate 75 basis point decrease in the discount rate assumption. Outlook New Orleans-based Entergy Corp. is primarily engaged in electric power production and retail distribution of power. With 30,000MW of generating capacity, it distributes electricity to 2.8 million customers in Arkansas, Louisiana, Mississippi and Texas. Of this, 14,631MW are gas/oil based, 2,259 are coal based, 70MW are hydro based and the rest are nuclear based. The company also distributes natural gas to 240,000 customers in Louisiana. Entergy is the second largest U.S. nuclear power generator after Exelon Corporation ( EXC ). Entergy had earlier, in Dec 2011, entered into a definitive agreement with ITC Holdings Corporation ( ITC ), under which the former will divest its electric transmission business to the latter for gross cash of $1.775 billion. The divested business would be merged with the operations of ITC Holdings. The company expects the transaction to complete by 2013. Entergy is well positioned with its geographically diverse mix of regulated and merchant operations. The company is focused on maximizing its shareholder value through steady investment for rate base growth, as well as through its ongoing stock buyback program and incremental dividend. However, we are concerned regarding the tepid growth of its competitive business due to lukewarm power demand in the Northeast, pending regulatory approvals and the fate of its Indian Point plant. Entergy has a short-term Zacks Rank #3 (Hold rating) in view of the continued weak economic environment in the U.S. which will weigh on the company's power sales. As of now we would advise investors to focus on Zacks Rank #1 (Strong Buy) electric power utility Pike Electric Corporation ( PIKE ). ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ITC HOLDINGS CP (ITC): Free Stock Analysis Report PIKE ELECTRIC (PIKE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-02-11,15.4177,15.658,15.3483,15.6014,"[""Mississippi Power Shuts Eaton Unit - Analyst Blog Mississippi Power Co., a wholly owned subsidiary of electric utility firm Southern Company ( SO ), has closed Plant Eaton - the first power generating unit built by Mississippi Power in March 1945, at a time when electricity was primarily used for lights, radios and refrigeration. The plant was built on the Leaf River, in Mississippi, and was named after Barney E. Eaton Sr. - the company's first president. Eaton is a three unit coal-fired power plant, each of which produces 22.5 megawatts (MW) of electricity making the total generation capacity of 67.5 MW. The plant has been serving customers reliably for nearly 70 long years. Per management, initially when the unit began operations, Mississippi Power served roughly 40,000 customers. But the electricity consumption pattern has undergone a sea change since the 1940s, with the increase in the company's customers by more than four times to around 186,000. In order to keep pace with the ever-increasing demand for electricity, management has decided to replace the Eaton facility by the Kemper plant. The new plant is now under construction in Kemper Country energy facility and is likely to start its operation by May, 2014. Mississippi Power - one of the four electric utilities that make up Southern Company - is engaged in providing retail and wholesale electric services to approximately 200,000 customers in 23 counties from the Gulf Coast to Meridian. It owns or has major ownership interests in six generating facilities with net dependable generating capacity of 3,166 MW. Headquartered in Atlanta, Georgia, Southern Company is one of the largest generators of electricity in the nation, along with the likes of Exelon Corporation ( EXC ) and Duke Energy Corporation ( DUK ) - which serves both regulated and competitive markets across the Southeastern U.S. Weather conditions impair Southern Company's operating results, which vary on a seasonal and quarterly basis. Electric power supply is usually a seasonal business. In several regions of the country, demand for power peaks during the summer months, along with market prices, however, in other areas power demand reaches its zenith during winter. Consequently, the future operating results of Southern Company may fluctuate substantially on a seasonal basis. Southern Company currently carries a Zacks Rank #4 (Sell), implying that it is expected to underperform the broader U.S. equity market over the next one to three months. In the electric utility space Ameren Corporation ( AEE ) displays better fundamentals and currently holds a Zacks Rank #1 (Strong buy). AMEREN CORP (AEE): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHN COMPANY (SO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Allete, Inc. (ALE) Ex-Dividend Date Scheduled for February 13, 2013 Allete, Inc. ( ALE ) will begin trading ex-dividend on February 13, 2013. A cash dividend payment of $0.475 per share is scheduled to be paid on March 01, 2013. Shareholders who purchased ALE stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.26% increase over the prior quarter. The previous trading day's last sale of ALE was $46.86, representing a -0.15% decrease from the 52 week high of $46.93 and a 24.2% increase over the 52 week low of $37.73. ALE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ALE's current earnings per share, an indicator of a company's profitability, is $2.36. Zacks Investment Research reports ALE's forecasted earnings growth in 2012 as -2.89%, compared to an industry average of 3.8%. For more information on the declaration, record and payment dates, visit the ALE Dividend History page. Interested in gaining exposure to ALE through an Exchange Traded Fund [ETF]? The following ETF(s) have ALE as a top-10 holding: PowerShares Exchange-Traded Fund Trust II PowerShares S&P Smal ( PSCU ) WisdomTree Trust SmallCap Dividend Fund ( DES ). The top-performing ETF of this group is DES with an increase of 5.01% over the last 100 days. PSCU has the highest percent weighting of ALE at 4.6%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Duke Energy Corporation (DUK) Ex-Dividend Date Scheduled for February 13, 2013 Duke Energy Corporation ( DUK ) will begin trading ex-dividend on February 13, 2013. A cash dividend payment of $0.765 per share is scheduled to be paid on March 18, 2013. Shareholders who purchased DUK stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DUK has paid the same dividend. The previous trading day's last sale of DUK was $69, representing a -3% decrease from the 52 week high of $71.14 and a 15.71% increase over the 52 week low of $59.63. DUK is a part of the Public Utilities sector, which includes companies such as Exelon Corporation ( EXC ) and Pacific Gas & Electric Co. ( PCG ). DUK's current earnings per share, an indicator of a company's profitability, is $3.16. Zacks Investment Research reports DUK's forecasted earnings growth in 2012 as -2.76%, compared to an industry average of 3.8%. For more information on the declaration, record and payment dates, visit the DUK Dividend History page. Interested in gaining exposure to DUK through an Exchange Traded Fund [ETF]? The following ETF(s) have DUK as a top-10 holding: Select Sector SPDR Fund - Utilities ( XLU ) Vanguard Utilities ETF ( VPU ) iShares Dow Jones U.S. Utilities Index Fund ( IDU ) Ml Utilities Hldr1240 (UTHYL) iShares S&P Global Utilities Sector Index Fund ( JXI ). The top-performing ETF of this group is IDU with an increase of 1.11% over the last 100 days. XLU has the highest percent weighting of DUK at 9.48%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-02-12,15.6072,15.8681,15.5916,15.8652,
EXC,2013-02-13,15.8887,15.8887,15.6513,15.6864,
EXC,2013-02-14,15.6434,15.7187,15.4871,15.5066,
EXC,2013-02-15,15.5486,15.5916,15.4373,15.4607,"Avista Corporation (AVA) Ex-Dividend Date Scheduled for February 20, 2013 Avista Corporation ( AVA ) will begin trading ex-dividend on February 20, 2013. A cash dividend payment of $0.305 per share is scheduled to be paid on March 15, 2013. Shareholders who purchased AVA stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.17% increase over the prior quarter. The previous trading day's last sale of AVA was $26.44, representing a -5.74% decrease from the 52 week high of $28.05 and a 16.07% increase over the 52 week low of $22.78. AVA is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AVA's current earnings per share, an indicator of a company's profitability, is $1.48. Zacks Investment Research reports AVA's forecasted earnings growth in 2012 as -11.48%, compared to an industry average of 3.7%. For more information on the declaration, record and payment dates, visit the AVA Dividend History page. Interested in gaining exposure to AVA through an Exchange Traded Fund [ETF]? The following ETF(s) have AVA as a top-10 holding: PowerShares Exchange-Traded Fund Trust II PowerShares S&P Smal ( PSCU ) iShares Small Cap 600/BARRA Value Index Fund ( IJS ) SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value ( SLYV ). The top-performing ETF of this group is IJS with an increase of 9.73% over the last 100 days. PSCU has the highest percent weighting of AVA at 4.5%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-02-19,15.4411,15.5271,15.2253,15.446,
EXC,2013-02-20,15.4109,15.4607,15.2653,15.2927,"[""This Company is Harnessing the Cheapest Energy on Earth I just wrote a check this morning for my monthly power bill, made payable to American Electric Power ( AEP ) in the amount of $260.02. I'm not alone. AEP serves five million residential and business customers in 11 states. Rain or shine, that's five million checks that pour in each month. They add up fast. AEP's utility segment collected $14 billion inrevenue in 2011. But on closer inspection, the company only retained $2.8 billion in operating profits. Where did the other $11 billion go? Well, nearly half ($4.4 billion) was spent on fuel needed to run the firm's power plants. AEP burns through a mountain of coal each day. So much, in fact, that the company has its own fleet of 7,600 railcars, 3,300 barges, 61 towboats and a dedicated coal handling terminal with the capacity to move 18 million tons of theblack rock annually. By my math, AEP has to spend about $85 million per week to procure coal and other consumable fuels to generate electricity. Most other electricity generators are in a similar position. Exelon ( EXC ) doesn't use much coal, but it does need to stockpile costly uranium to feed its hungry nuclear reactors. Just in the United States, nuclear plants consume about 60 million pounds of enriched uranium per year. Prices have fallen from their $135 a pound peak since Japan's Fukushima disaster nearly two years ago, but at $42 a pound, they can still take a large bite out of profits. Exelon, AEP and their peers must replenish these feedstocks over and over again, surrendering a good chunk of their income in the process. Without hedges, they are at the mercy of risingcommodity prices. So naturally there is some incentive for investors to seek out companies that use the cheapest fuel sources. There is one company that's found a fuel cheaper than coal, cheaper than gas, and cheaper even than water. In fact, its plants run on a resource that is essentially free. That's right -- zilch, nada, nothing. Now, the company has salaries and other bills to pay like anybody else. But it doesn't pay a dime for its feedstocks. Instead of fossil fuels, this power generator is harnessing a power source that is clean, sustainable and costs nothing. No, it's not wind or solar -- they have their advantages, but they rely on heavy government subsidies and are also unreliable at times. I'm talking about geothermal power. If you've ever visited Old Faithful at Yellowstone National Park or taken a hotsprings bath, then you understand the basic principle. In the simplest terms, geothermal heat is produced deep in the earth's crust and then carried toward the surface by rising magma, the shifting of tectonic plates and other geologic forces. That heat boils underwater reservoirs (sometimes up to 750 degrees), and the resulting steam and pressure are used to spin turbines. The end result: electricity. There are already 3,200 megawatts of geothermal generating capacity in place just in the United States -- the energy equivalent of burning 70 million barrels of oil annually. According to the World Geothermal Congress, current global capacity of 10,500 MW is forecast to rise by more than 70% to reach 18,500 MW in 2015. There are already 146 new projects in various stages of completion in the United States -- and many more in countries such as Mexico and New Zealand. Iceland, for example, is so blessed with inexpensive geothermal energy that Google (Nasdaq: GOOG) is considering installing power-hungry data centers there. I see one clear-cut winner from all of this. The company doesn't just operate its own geothermal power plants, it's also sharing its superior technology (for a price) and helping design and manufacture power units for other customers around the world. That company is Ormat Technologies ( ORA ) . Ormat generates power from more than a dozen geothermal and recovered energy waste-heat plants located from California to Guatemala to Kenya. These facilities have a combined generating capacity of 560 megawatts. For context, one megawatt is enough generating capacity to power 800 to 1,000 average U.S. homes. Electricity generation accounts for the bulk (62%) of Ormat's sales, or about $248 million. But there is even greater potentialupside from the faster-growing product division, which utilizes the firm's expertise to design and manufacture power units for other geothermal operators around the world. There is an activemarket for this equipment, as well as ongoing maintenance and service. Through the first threequarters of 2012, Ormat's product division chalked up $150 million in sales, more than double the $67 million from the first three quarters of 2011. And there is more on the horizon, as evidenced by a healthy orderbacklog of $192 million, compared with $50 million just two years ago. With countries around the world looking to embrace renewable (and locally available) energy, geothermal power is in a great position for growth. And with a backlog that has quadrupled in size during the past year, Ormat is already benefitting from this emerging energy's success. Action to Take --> The optimistic growth outlook is already incorporated in the share price at this point, but Ormat would make a strong portfolio candidate on a pullback below $19 a share. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. \u00a9 Copyright 2001-2016 StreetAuthority, LLC. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Northeast Utilities Disappoints 4Q - Analyst Blog Northeast Utilities ( NU ) announced fourth-quarter 2012 pro forma earnings of 56 cents per share, missing the Zacks Consensus Estimate by 3 cents and deteriorating 24.3% from the year-ago figure. On a GAAP basis, the company reported quarterly earnings of 55 cents per share versus 64 cents per share a year ago. The penny's difference between GAAP and pro forma earnings was due to costs including settlement charges associated with the NSTAR merger. The company's full-year 2012 earnings of $2.28 per share missed the Zacks Consensus Estimate by a penny and dropped 4.2% from last year's earnings. Yearly GAAP earnings per share were $1.89 versus $2.22 in 2011. The variance between GAAP and pro forma earnings was owing to settlement charges and allied costs related to the NSTAR merger. Total Revenue Fourth quarter total revenue of $1.7 billion missed the Zacks Consensus Estimate by roughly $0.2 billion. However, quarterly revenue increased 57.7% year over year. Northeast Utilities' full-year 2012 total revenue was $6.3 billion, down 6.2% from the Zacks Consensus Estimate but up 40.5% year over year. Fourth Quarter Sales Volumes Northeast Utilities' overall retail electric sales in the fourth quarter increased 1.2% year over year to 13,111 Gigawatt hours (GWh). The company's quarterly natural gas sales were 27,492 million cubic feet (MMcf), up 10.2% year over year. Segment Earnings Electric Transmission: This segment's quarterly earnings of $68.6 million decreased 3.7% from $71.2 million in the prior-year quarter primarily due to a higher effective tax rate. Electric Distribution and Generation: Earnings from this segment totaled $80.3 million in fourth-quarter 2012 compared with $54.2 million in the prior-year quarter. This earnings upside was aided by the addition of results from NSTAR Electric distribution. Natural Gas Distribution: This segment consists of Yankee Gas Services Company and NSTAR Gas Company. In the quarter under review, this segment's earnings were $22.5 million, up 104.5% year over year attributable to the addition of NSTAR Gas and cold weather conditions. NU parent and other businesses: This segment's quarterly earnings were $5.4 million versus a loss of $4 million in the year-ago quarter. The increase in earnings was primarily driven by a decline in interest expenses and positive results related to the addition of NSTAR Communications. Electric Utility Subsidiaries Connecticut Light and Power Company 's quarterly earnings were $72.5 million, down 12.8% year over year due to a higher effective tax rate, and increase in pension and maintenance costs. But these negatives were partially offset by a higher transmission rate base. NSTAR Electric reported fourth quarter earnings of $33.7 million. In the second, third and fourth quarters, the company's total earnings were $195.7 million. In this quarter, Public Service Company of New Hampshire earned $27.2 million compared with $25.5 million in the year-ago quarter. The growth in quarterly earnings was driven by changes in distribution rates. Western Massachusetts Electric Company 's quarterly earnings were $15.1 million, up 8.5% year over year. Operational Highlights On the cost side, in fourth quarter Northeast Utilities' total operating expenses increased 53.1% year over year to $1.35 billion due to higher fuel and power costs, operations and maintenance expenses, and depreciation costs. The company's operating income in the reported quarter totaled $331.4 million, up 79.2% year over year. Its quarterly interest expenses increased 40% year over year to $83.6 million, indicating an increase in long-term debt. Financial Update As of Dec 31, 2012, Northeast Utilities had cash balance of $45.7 million compared with $6.6 million as of Dec 31, 2011. Long-term debt as of Dec 31, 2012 was $7.2 billion versus $4.6 billion as of Dec 31, 2011. Cash provided by operating activities for full-year 2012 was $1.16 billion, more than $0.97 billion in 2011. Capital expenditure for the year increased to $1.47 billion from $1.07 billion in the prior year. Full-Year 2013 Guidance Northeast Utilities affirmed its full-year 2013 earnings guidance in the range of $2.40 to $2.60 per share. Other Utility Company Releases Exelon Corporation ( EXC ) posted fourth-quarter 2012 earnings per share of 64 cents, falling short of the Zacks Consensus Estimate by a penny. Quarterly earnings were also lower than the year-ago figure of 82 cents by 21.9%. Entergy Corporation ( ETR ) reported fourth-quarter 2012 earnings of $1.72 per share, beating the Zacks Consensus Estimate of $1.41. Earnings were also more than 94 cents per share earned in the year-ago quarter. PPL Corporation ( PPL ) announced fourth-quarter 2012 pro forma earnings of 49 cents per share, beating the Zacks Consensus Estimate by 3 cents. However, quarterly earnings were 31% lower than the year-ago figure. Our View We are cautious about the impacts of natural calamities, over dependence on transmission and distribution businesses, stringent regulations, and risks related to delay and cancellation of several important projects, which may challenge Northeast Utilities' forthcoming performance. However, we consider the NSTAR merger as a positive move for Northeast Utilities' future performance along with increasing scale of operations and widening of customer base. The company has already experienced the positive effects in both third and fourth quarter results. Hartford, CT and Boston, MA-based Northeast Utilities provides energy delivery services to residential, commercial and industrial customers in Connecticut, New Hampshire and Massachusetts. The company currently has a Zacks Rank #4 (Sell). ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NORTHEAST UTIL (NU): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""This Company is Harnessing the Cheapest Energy on Earth I just wrote a check this morning for my monthly power bill, made payable to American Electric Power ( AEP ) in the amount of $260.02. I'm not alone. AEP serves five million residential and business customers in 11 states. Rain or shine, that's five million checks that pour in each month. They add up fast. AEP's utility segment collected $14 billion inrevenue in 2011. But on closer inspection, the company only retained $2.8 billion in operating profits. Where did the other $11 billion go? Well, nearly half ($4.4 billion) was spent on fuel needed to run the firm's power plants. AEP burns through a mountain of coal each day. So much, in fact, that the company has its own fleet of 7,600 railcars, 3,300 barges, 61 towboats and a dedicated coal handling terminal with the capacity to move 18 million tons of theblack rock annually. By my math, AEP has to spend about $85 million per week to procure coal and other consumable fuels to generate electricity. Most other electricity generators are in a similar position. Exelon ( EXC ) doesn't use much coal, but it does need to stockpile costly uranium to feed its hungry nuclear reactors. Just in the United States, nuclear plants consume about 60 million pounds of enriched uranium per year. Prices have fallen from their $135 a pound peak since Japan's Fukushima disaster nearly two years ago, but at $42 a pound, they can still take a large bite out of profits. Exelon, AEP and their peers must replenish these feedstocks over and over again, surrendering a good chunk of their income in the process. Without hedges, they are at the mercy of risingcommodity prices. So naturally there is some incentive for investors to seek out companies that use the cheapest fuel sources. There is one company that's found a fuel cheaper than coal, cheaper than gas, and cheaper even than water. In fact, its plants run on a resource that is essentially free. That's right -- zilch, nada, nothing. Now, the company has salaries and other bills to pay like anybody else. But it doesn't pay a dime for its feedstocks. Instead of fossil fuels, this power generator is harnessing a power source that is clean, sustainable and costs nothing. No, it's not wind or solar -- they have their advantages, but they rely on heavy government subsidies and are also unreliable at times. I'm talking about geothermal power. If you've ever visited Old Faithful at Yellowstone National Park or taken a hotsprings bath, then you understand the basic principle. In the simplest terms, geothermal heat is produced deep in the earth's crust and then carried toward the surface by rising magma, the shifting of tectonic plates and other geologic forces. That heat boils underwater reservoirs (sometimes up to 750 degrees), and the resulting steam and pressure are used to spin turbines. The end result: electricity. There are already 3,200 megawatts of geothermal generating capacity in place just in the United States -- the energy equivalent of burning 70 million barrels of oil annually. According to the World Geothermal Congress, current global capacity of 10,500 MW is forecast to rise by more than 70% to reach 18,500 MW in 2015. There are already 146 new projects in various stages of completion in the United States -- and many more in countries such as Mexico and New Zealand. Iceland, for example, is so blessed with inexpensive geothermal energy that Google (Nasdaq: GOOG) is considering installing power-hungry data centers there. I see one clear-cut winner from all of this. The company doesn't just operate its own geothermal power plants, it's also sharing its superior technology (for a price) and helping design and manufacture power units for other customers around the world. That company is Ormat Technologies ( ORA ) . Ormat generates power from more than a dozen geothermal and recovered energy waste-heat plants located from California to Guatemala to Kenya. These facilities have a combined generating capacity of 560 megawatts. For context, one megawatt is enough generating capacity to power 800 to 1,000 average U.S. homes. Electricity generation accounts for the bulk (62%) of Ormat's sales, or about $248 million. But there is even greater potentialupside from the faster-growing product division, which utilizes the firm's expertise to design and manufacture power units for other geothermal operators around the world. There is an activemarket for this equipment, as well as ongoing maintenance and service. Through the first threequarters of 2012, Ormat's product division chalked up $150 million in sales, more than double the $67 million from the first three quarters of 2011. And there is more on the horizon, as evidenced by a healthy orderbacklog of $192 million, compared with $50 million just two years ago. With countries around the world looking to embrace renewable (and locally available) energy, geothermal power is in a great position for growth. And with a backlog that has quadrupled in size during the past year, Ormat is already benefitting from this emerging energy's success. Action to Take --> The optimistic growth outlook is already incorporated in the share price at this point, but Ormat would make a strong portfolio candidate on a pullback below $19 a share. -- Nathan Slaughter P.S. -- The abundance of natural gas in the United States could lead to a third industrial revolution. One analyst is predicting a stock could rise 1,566%. Another stock has already jumped more than 1,000% and is expected to keep going. To learn more about investing in the natural gas boom, click here. Nathan Slaughter does not personally hold positions in any securities mentioned in this article. StreetAuthority LLC owns shares of ORA in one or more of its \""real money\"" portfolios. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. \u00a9 Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-02-21,15.2438,15.2877,15.2136,15.2507,
EXC,2013-02-22,15.2555,15.5115,15.2555,15.3963,"[""Entergy New Orleans, Inc. (ENJ) Ex-Dividend Date Scheduled for February 26, 2013 Entergy New Orleans, Inc. ( ENJ ) will begin trading ex-dividend on February 26, 2013. A cash dividend payment of $0.3194 per share is scheduled to be paid on March 01, 2013. Shareholders who purchased ENJ stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $25.13, the dividend yield is 1.27%. The previous trading day's last sale of ENJ was $25.13, representing a -0.83% decrease from the 52 week high of $25.34 and a 1.82% increase over the 52 week low of $24.68. ENJ is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). For more information on the declaration, record and payment dates, visit the ENJ Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Integrys Energy Group (TEG) Ex-Dividend Date Scheduled for February 26, 2013 Integrys Energy Group ( TEG ) will begin trading ex-dividend on February 26, 2013. A cash dividend payment of $0.68 per share is scheduled to be paid on March 20, 2013. Shareholders who purchased TEG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 17th quarter that TEG has paid the same dividend. The previous trading day's last sale of TEG was $56.35, representing a -9% decrease from the 52 week high of $61.92 and a 10.73% increase over the 52 week low of $50.89. TEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). TEG's current earnings per share, an indicator of a company's profitability, is $3.19. Zacks Investment Research reports TEG's forecasted earnings growth in 2012 as -2.66%, compared to an industry average of 2.5%. For more information on the declaration, record and payment dates, visit the TEG Dividend History page. Interested in gaining exposure to TEG through an Exchange Traded Fund [ETF]? The following ETF(s) have TEG as a top-10 holding: Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ) PowerShares S&P 500 High Dividend Portfolio ( SPHD ) iShares Dow Jones Select Dividend Index Fund ( DVY ) Guggenheim Defensive Equity ETF ( DEF ). The top-performing ETF of this group is DVY with an increase of 4.7% over the last 100 days. RYU has the highest percent weighting of TEG at 2.65%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sponsored Links Look For Any High School Yearbook, It's Free Classmates The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-02-25,15.4607,15.6268,15.3161,15.3259,
EXC,2013-02-26,15.3689,15.6434,15.364,15.4529,
EXC,2013-02-27,15.4529,15.5672,15.3503,15.5486,"NV Energy, Inc (NVE) Ex-Dividend Date Scheduled for March 01, 2013 NV Energy, Inc ( NVE ) will begin trading ex-dividend on March 01, 2013. A cash dividend payment of $0.19 per share is scheduled to be paid on March 20, 2013. Shareholders who purchased NVE stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.76% increase over the prior quarter. The previous trading day's last sale of NVE was $19.38, representing a -2.17% decrease from the 52 week high of $19.81 and a 25.84% increase over the 52 week low of $15.40. NVE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NVE's current earnings per share, an indicator of a company's profitability, is $1.35. Zacks Investment Research reports NVE's forecasted earnings growth in 2013 as -4.44%, compared to an industry average of 1.4%. For more information on the declaration, record and payment dates, visit the NVE Dividend History page. Interested in gaining exposure to NVE through an Exchange Traded Fund [ETF]? The following ETF(s) have NVE as a top-10 holding: iShares S&P MidCap 400/Barra Value Index Fund ( IJJ ) SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value ( MDYV ). The top-performing ETF of this group is MDYV with an increase of 10.82% over the last 100 days. IJJ has the highest percent weighting of NVE at 0.79%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-02-28,15.5486,15.6991,15.4871,15.6483,
EXC,2013-03-01,15.6316,15.6835,15.4704,15.6082,
EXC,2013-03-04,15.5721,15.8633,15.5428,15.8242,
EXC,2013-03-05,15.829,15.9971,15.8095,15.875,"[""Westar Energy, Inc. (WR) Ex-Dividend Date Scheduled for March 07, 2013 Westar Energy, Inc. ( WR ) will begin trading ex-dividend on March 07, 2013. A cash dividend payment of $0.34 per share is scheduled to be paid on April 01, 2013. Shareholders who purchased WR stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.03% increase over the prior quarter. The previous trading day's last sale of WR was $31.88, representing a -3.51% decrease from the 52 week high of $33.04 and a 18.96% increase over the 52 week low of $26.80. WR is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WR's current earnings per share, an indicator of a company's profitability, is $2.15. Zacks Investment Research reports WR's forecasted earnings growth in 2013 as -4.51%, compared to an industry average of 5.9%. For more information on the declaration, record and payment dates, visit the WR Dividend History page. Interested in gaining exposure to WR through an Exchange Traded Fund [ETF]? The following ETF(s) have WR as a top-10 holding: Vanguard Small-Cap Value ETF ( VBR ). The top-performing ETF of this group is VBR with an increase of 8.47% over the last 100 days. It also has the highest percent weighting of WR at 0.45%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Scana Corporation (SCG) Ex-Dividend Date Scheduled for March 07, 2013 Scana Corporation ( SCG ) will begin trading ex-dividend on March 07, 2013. A cash dividend payment of $0.5075 per share is scheduled to be paid on April 01, 2013. Shareholders who purchased SCG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.53% increase over the prior quarter. The previous trading day's last sale of SCG was $49.49, representing a -1.69% decrease from the 52 week high of $50.34 and a 14.24% increase over the 52 week low of $43.32. SCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). SCG's current earnings per share, an indicator of a company's profitability, is $3.14. Zacks Investment Research reports SCG's forecasted earnings growth in 2013 as 6.23%, compared to an industry average of 5.9%. For more information on the declaration, record and payment dates, visit the SCG Dividend History page. Interested in gaining exposure to SCG through an Exchange Traded Fund [ETF]? The following ETF(s) have SCG as a top-10 holding: PowerShares High Yield Equity Dividend Achievers Portfolio ( PEY ) PowerShares S&P 500 Low Volatility Portfolio ETF ( SPLV ) WisdomTree MidCap Dividend Fund ( DON ). The top-performing ETF of this group is DON with an increase of 9.04% over the last 100 days. PEY has the highest percent weighting of SCG at 1.84%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""PEPCO Holdings, Inc. (POM) Ex-Dividend Date Scheduled for March 07, 2013 PEPCO Holdings, Inc. ( POM ) will begin trading ex-dividend on March 07, 2013. A cash dividend payment of $0.27 per share is scheduled to be paid on March 28, 2013. Shareholders who purchased POM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 21st quarter that POM has paid the same dividend. The previous trading day's last sale of POM was $20.68, representing a -0.82% decrease from the 52 week high of $20.85 and a 14% increase over the 52 week low of $18.14. POM is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). POM's current earnings per share, an indicator of a company's profitability, is $1.24. Zacks Investment Research reports POM's forecasted earnings growth in 2013 as 2.57%, compared to an industry average of 5.9%. For more information on the declaration, record and payment dates, visit the POM Dividend History page. Interested in gaining exposure to POM through an Exchange Traded Fund [ETF]? The following ETF(s) have POM as a top-10 holding: First Trust Utilities AlphaDEX Fund ( FXU ) PowerShares S&P 500 High Dividend Portfolio ( SPHD ). The top-performing ETF of this group is FXU with an decrease of -2.23% over the last 100 days. It also has the highest percent weighting of POM at 3.28%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""SO Unit Installs Fiber Optic in GSU - Analyst Blog Southern Telecom - an affiliate of electric utility firm Southern Company ( SO ) - declared that it has finished the installation of Northern Fiber Optic Ring at Georgia State University (GSU). Georgia State University is a leading urban research university based in Atlanta, Georgia. The newly installed Northern Fiber Optic Ring will connect to the existing Southern Fiber Optic Ring of the university. As a result 13 additional buildings in the university campus will be connected to the fiber optic network of the university. Southern Telecom has been providing support to GSU for many years and has created the Southern Fiber Optic Ring of the university some years back. But due to the significant growth of student population, university management built some new buildings in the campus. To support this student density and faculty needs, Georgia State University has entered into a deal with Southern Telecom to expand its fiber optic network. Headquartered in Atlanta, Georgia, Southern Company is one of the largest generators of electricity in the nation, along with the likes of Exelon Corporation ( EXC ) and Duke Energy Corporation ( DUK ). The company serves both regulated and competitive markets across the Southeastern U.S. The company also engages in the construction, acquisition, and management of generation assets, provision of digital wireless communications services, and the provision of fiber optic solutions to telecommunication providers. Southern Company's heavy reliance on coal-generated energy supply and a lack of meaningful contribution from renewable energy is a matter of concern. In the current age of growing emphasis on 'environment friendly or green' energy, the company may be forced to divert cash flows to ensure regulatory compliance, which can adversely impact profitability. Southern Company currently carries a Zacks Rank #4 (Sell), implying that it is expected to underperform the broader U.S. equity market over the next one-to-three months. In the electric utility space Brookfield Infrastructure Partners LP ( BIP ) displays better fundamentals and currently holds a Zacks Rank #1 (Strong Buy). BROOKFIELD INFR (BIP): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHN COMPANY (SO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-03-06,15.9238,16.1163,15.8944,16.0626,"SO Wins Trimmed Rate Hike Approval - Analyst Blog Mississippi Power Co. − a wholly owned subsidiary of electric utility Southern Company ( SO ) - has received approval from the Mississippi Public Service Commission (PSC) to increase customer rates by 15%. As a result Mississippi Power will be able to recover the construction cost of a new power plant in Kemper. The new integrated gasification combined-cycle (IGCC) plant is under construction at Kemper County and will have a capacity of 582 megawatt. Management forecasts construction costs of roughly $3.5 billion, up from $2 billion projected earlier. Mississippi Power had requested the commission to increase the customer rate by 21% annually, in order to recover the financing cost of the new plant. But the state regulator has approved to increase the rate by only 15% for this year. However, as per the commission's order, Mississippi Power will charge $156 million annually from its customers from 2014 through 2020. For those customers using 1.000 kilowatt-hours of power, the commission has approved a 12% to 13% hike in rates. This would come to a $16 increase in the monthly bill from Apr 2013 onwards. Monthly bill will rise by additional 3% in 2014. Mississippi Power - one of the four electric utilities that make up Southern Company - is engaged in providing retail and wholesale electric services to approximately 200,000 customers in 23 counties from the Gulf Coast to Meridian. It owns or has major ownership interests in six generating facilities with net dependable generating capacity of 3,166 MW. Headquartered in Atlanta, Georgia, Southern Company is one of the largest generators of electricity in the nation, along with the likes of Exelon Corporation ( EXC ) and Duke Energy Corporation ( DUK ). Southern Company serves both regulated and competitive markets across the southeastern U.S. Southern Company's heavy reliance on coal-generated energy supply and a lack of meaningful contribution from renewable energy is a matter of concern. In the current age of growing emphasis on 'environment friendly or green' energy, the company may be forced to divert cash flows to ensure regulatory compliance, which can adversely impact profitability. Southern Company currently carries a Zacks Rank #4 (Sell), implying that it is expected to underperform the broader U.S. equity market over the next one-to-three months. In the electric utility space Brookfield Infrastructure Partners LP ( BIP ) displays better fundamentals and currently holds a Zacks Rank #1 (Strong Buy). BROOKFIELD INFR (BIP): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHN COMPANY (SO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-03-07,16.0303,16.127,16.0303,16.0674,"Ameren Corporation (AEE) Ex-Dividend Date Scheduled for March 11, 2013 Ameren Corporation ( AEE ) will begin trading ex-dividend on March 11, 2013. A cash dividend payment of $0.4 per share is scheduled to be paid on March 29, 2013. Shareholders who purchased AEE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that AEE has paid the same dividend. The previous trading day's last sale of AEE was $34.06, representing a -3.51% decrease from the 52 week high of $35.30 and a 19.8% increase over the 52 week low of $28.43. AEE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). Zacks Investment Research reports AEE's forecasted earnings growth in 2013 as -12.81%, compared to an industry average of 5.3%. For more information on the declaration, record and payment dates, visit the AEE Dividend History page. Interested in gaining exposure to AEE through an Exchange Traded Fund [ETF]? The following ETF(s) have AEE as a top-10 holding: PowerShares S&P 500 High Dividend Portfolio ( SPHD ) WisdomTree Dividend Ex-Financials Fund ( DTN ) WisdomTree MidCap Dividend Fund ( DON ) QuantShares U.S. Market Neutral Value Fund ETF ( CHEP ). The top-performing ETF of this group is DON with an increase of 10.02% over the last 100 days. SPHD has the highest percent weighting of AEE at 2.02%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-03-08,16.1212,16.2492,16.0372,16.2248,
EXC,2013-03-11,16.1662,16.3908,16.1662,16.3644,"NorthWestern Corporation (NWE) Ex-Dividend Date Scheduled for March 13, 2013 NorthWestern Corporation ( NWE ) will begin trading ex-dividend on March 13, 2013. A cash dividend payment of $0.38 per share is scheduled to be paid on March 31, 2013. Shareholders who purchased NWE stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.7% increase over the prior quarter. The previous trading day's last sale of NWE was $39.45, representing a -0.43% decrease from the 52 week high of $39.62 and a 19.62% increase over the 52 week low of $32.98. NWE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NWE's current earnings per share, an indicator of a company's profitability, is $2.66. Zacks Investment Research reports NWE's forecasted earnings growth in 2013 as 4.3%, compared to an industry average of 4.3%. For more information on the declaration, record and payment dates, visit the NWE Dividend History page. Interested in gaining exposure to NWE through an Exchange Traded Fund [ETF]? The following ETF(s) have NWE as a top-10 holding: PowerShares Exchange-Traded Fund Trust II PowerShares S&P Smal ( PSCU ). The top-performing ETF of this group is PSCU with an increase of 0.19% over the last 100 days. It also has the highest percent weighting of NWE at 4.81%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-03-12,16.3547,16.3908,16.1602,16.1935,
EXC,2013-03-13,16.1974,16.2794,16.1602,16.26,
EXC,2013-03-14,16.2697,16.4104,16.254,16.4015,"[""5 Things I Look For in a Stock The best strategy for an investor is to focus on having the best-positioned portfolio at all times. What does that mean? What does a good investment position look like? I can think of five points where an investor can have a positional advantage. If the stocks he owns score better on these five points than the average stock - he's likely to get an above average return going forward. If they don't - he is not well positioned. The five points are: durability, quality, value, capital allocation and growth. It's a good idea to look at any stock you're thinking about buying and see how it scores on each of these points. Is the durability of the business's cash flows below average, average or above average? Is the quality of the company - its product economics - below average, average or above average? Is the cheapness of the business at today's price - I usually focus on EV/EBITDA - below average, average or above average? Will future capital allocation be below average, average or above average? And, finally, are the prospects for future growth at the company below average, average or above average? I would rank these points in the order I put them: 1. Durability 2. Quality 3. Value 4. Capital Allocation 5. Growth All five are important. But you can still make money in stocks that score poorly on the last couple points. It is easiest to lose money - and lots of it - if you buy stocks that score really badly on the first few points. Value investors tend - at most - to focus on points one through three. They always look for value. They sometimes look for quality. And they sometimes look for durability. Let's define these five points and try to find examples of what below average, average and above average looks like. We'll start at the top: No. 1 durability. The other day, I noticed Morningstar only gives a \""wide moat\"" rating to one U.S. utility: Exelon ( EXC ) . Exelon owns plenty of nuclear power plants. So, I don't disagree with the company they picked as having the widest moat. But I do find it odd that they only award a wide moat to one utility. The reason for this is clear when you realize Morningstar lumps together the ideas of business quality - in the sense of a high return on capital - and an economic moat (in the sense of barriers to entry). I think we should keep the two topics separate. Utilities have operational durability - they can and do fail because of financial problems caused by debt - whether or not they earn high returns on capital. So, I would give Exelon and U.S. Lime and Minerals ( USLM ) and Norfolk Southern ( NSC ) and Village Supermarket ( VLGEA ) and Dole Foods ( DOLE ) and Omnicom ( OMC ) and McCormick ( MKC ) and Exponent (EXPO) and Carnival ( CCL ) an above average durability rating. Notice these companies would get different business quality ratings. Some like McCormick and Omnicom earn high returns on capital. While a grocery store almost always earns a low return. Carnival has earned very low returns since oil prices have been high. Dole's returns are determined by commodity markets. And a railroad only earns good returns when levered. It's a mixed bag in terms of returns. But I think durability is above average at all those companies. Why? My test of durability is whether parts of the company are likely to exist still and still be doing the same thing many years in the future. The actual quarries owned by USLM will be used by someone in 2023. Someone will be buying that limestone. The Norfolk Southern will be around regardless of who owns it. The major agencies Omnicom owns will be in business a decade or two from now. So what does below-average durability look like? Q-Logic ( QLGC ) is a great example. It's got a moat and earns super high returns on capital. But nobody knows what storage area networks will look like in 10 or 20 years. Barnes & Noble ( BKS ) is not durable. It is - like Q-Logic - a market share leader. But we don't know what good brick and mortar shelf space will be in 10 or 20 years. Not durable. Also potentially not durable is Microsoft (MSFT) . But I don't just want to focus on technology. There are fads and fashions to consider too. Is Apple (AAPL) durable? Is Coach (COH) ? Is Abercrombie (ANF) ? Is Under Armour (UA) ? These are tricky questions because a brand can be very durable. But I can also name brands that were once much better known than they are now. A good example is Jantzen. You may know the name. But even if you do - you probably don't know that 80 years ago Jantzen would've made a world's most valuable brands list. Even A&P - in an industry, groceries, that I said was durable - wasn't quite permanent. But the incredibly slow decline of the company and its trademark over decades makes it clear that losing ground in something like groceries is very different than losing ground in something like fashion. In fact, I think the slow decline of A&P illustrates the difference between high durability and low durability businesses. You can sometimes make a lot of money disagreeing with the market over a company's durability. That's because the difference between a 10% equity coupon that might stop making payments in a few years and what is effectively a perpetual bond with a double-digit yield is huge. If you can look at two stocks with a P/E of 10 and you can tell which will be around and posting the same EPS or higher in 5 to 15 years, you can make a lot of money when the market starts to see that stock as a durable franchise. I'll give one modern day example where I disagree with the market: John Wiley ( JW.A ) . I think its business is much, much more durable than other publishers. I don't think its stock is priced that way right now. Now let's talk about business quality. There are a lot of ways to measure business quality. The recent book, \""Quantitative Value Investing,\"" suggests using gross profits to total assets. There is some logic to that approach. Of course, I'm against using intangibles in the calculation. When I look at a company, I look at both margins and returns. I look at gross profitability (gross profit/NTA) where NTA is net tangible assets (and is basically Greenblatt's definition of invested capital). But I also look at EBITDA/NTA and EBIT/NTA. My rule of thumb is that when EBITDA/NTA is greater than 40% you clearly have an above average business. When EBITDA/NTA is less than 20% you probably have a below average business. When EBITDA/NTA is somewhere between 20% and 40% we are talking about a roughly average business. I'm not going to argue about leverage right now. Everybody who writes about business quality - Greenblatt, Quantitative Value Investing, etc. - shirks this issue. They simply throw out companies (financials, railroads and utilities) that use leverage. The ability to use leverage safely has value. And the financial leverage of an insurer or bank is different than the financial leverage of an industrial. Also, most approaches to measuring business quality are too lenient on retailers and restaurants - who uses leases, etc. - and too tough on financials (who use unearned cash). But I don't have an answer to this problem. Regardless, business quality at the extremes is easy to recognize. John Wiley and Weight Watchers ( WTW ) and Dun & Bradstreet ( DNB ) and Moody's (MCO) and Q-Logic ( QLGC ) are insanely great businesses. Two stocks I own - George Risk ( RSKIA ) and Ark Restaurants ( ARKR ) - aren't too bad either. Unless they use leverage your railroads and grocery stores, with the rare exception of something like Arden (ARDNA) , and utilities, and J&J Snack Foods (JJSF) , and so on are just okay businesses. Business quality has two parts: competitive position and product economics. Something like a newspaper tends toward monopoly. That is the only reason newspapers earned high returns on capital in the good old days. There are other business like CARBO Ceramics (CRR) and Omnicom that earn good returns on capital because of product economics. In those businesses, there are factors that make each customer relationship likely to work out well. Some companies - like Q-Logic - combine good product economics with a strong competitive position. They have nice market share. And the product tends not to be something where price is the factor the customer cares most about. This is the best recipe for high returns on capital. However, that doesn't fix the durability question. No amount of present business quality can ensure durability far into the future. I won't spend much time on value, because that's what value investors always talk about. I like EV/EBITDA. I like long-term averages. You can check the price ratios on the only two American stocks I own right now, George Risk and Ark Restaurants, to see what I look for. I try to discount \""peak\"" earnings a bit. I like to buy a stock when current earnings are in the normal to low range of what the company is capable of earning. In other words, I try not to buy a restaurant, housing related stock, advertising agency, etc., at the top of the economy. I don't buy oil stocks when oil prices are high. Basically I just use EV/EBITDA, long-term averages, and common sense. Sometimes - where assets are important - I look at book value and appraised values and things like that. But usually it's EV/EBITDA. An example of \""value\"" would be Q-Logic or any for-profit education stock (but are they durable?) or Lexmark (LXK) or something like that. John Wiley would be an average value at best. The P/E might look low but EV/EBITDA isn't. Weight Watchers is starting to edge into expensive territory (we're above an EV/EBITDA of 9 in that case). And Buffett's recent purchase of Heinz is definitely expensive. It may be a good investment. But it wasn't a value investment. He had to be depending on other factors like durability and quality and capital allocation and growth to justify paying such a high EV/EBITDA for Heinz. Next is capital allocation. I talked about this one a lot in a recent article on buybacks. My best advice when trying to understand what you want in capital allocation is to read the book \""The Outsiders\"" and to read Warren Buffett 's annual letters. I just look for free cash flow generating companies that lower their share count every year. Good examples among companies I've already mentioned in this article are Q-Logic, Weight Watchers, Dun & Bradstreet and Omnicom. Bad capital allocation is issuing stock when the price is low - like during the financial panic. Doing big, dumb acquisitions using company stock is the other big no-no. Buffett's purchase of Dexter Shoe is the classic example of terrible capital allocation. I rank growth as the least important of the five points - maybe because I'm not much of a growth investor. I like companies that can grow at about the rate of nominal GDP. That's a huge plus. If a company can deliver earnings purely in the form of free cash flow and still grow 6% a year it's a very valuable company. Buying such companies is the Yacktman approach. Good examples of companies I've mentioned that focus on growth are CARBO Ceramics (which historically plowed every dime back into the business, delivering almost no free cash flow) and J&J Snack Foods who reports \""record\"" earnings every year. I think their streak of record earnings is about four decades old now. They like to buy more food companies whenever they can. At the other extreme you have Q-Logic and Dun & Bradstreet. If either of those two companies have grown at all in the last 10 years, they've done a great job of hiding it. Their organic numbers over the last decade look like a pancake. Dun & Bradstreet is a rare example of a completely mature monopoly. There are a few ways to look at growth. The Phil Fisher approach is to look for companies with growth in their cultural bones. The products they produce don't have to grow. They just have to keep moving into new products. Societal trends can be another source of growth. See education and health care stocks. From the middle of the 20 th century on just about anything travel related had a similar tailwind. Video entertainment in your house - in just about any form - had three nice decades or so of ever-increasing demand. It can be hard for investors to separate short-term shifts in perception, etc., with long-term trends. The really big trends last a long time. Things like what people eat (chicken, pork, beef, etc.), whether they have pets, if they are overweight, etc., are pretty slow moving trends. They can, however, add a couple points of real growth to a company's future for decades. That's obviously valuable. But there's the danger of paying up for a trend or confusing a short-term blip (the Atkins diet) with a long-term trend (lots more fat Americans). The three best investors to read about for growth are: Phil Fisher, Peter Lynch and Warren Buffett . Each focused on somewhat different growth. One problem with any of the five points is that you sometimes have to give up too much in compensation. A good example of this is the Peter Lynch approach. When Peter Lynch started investing you could find some wonderful retailers and restaurants that were strong locally and expanding at reasonably normal P/E ratios. Over time, Wall Street wised up to this and began giving astronomical P/E ratios to a hot concept that would eventually go nationwide. But the same is true for all styles of investing. The 1970s and early 1980s were a much better time for the \""consumer franchise\"" approach favored by Warren Buffett simply because you sometimes had really reasonably priced brands. If anything the value of brands is perhaps a little less today and yet the premium on their stocks is as high (or higher) than it was back then. Likewise, it would've been impossible to be a Phil Fisher investor in 1999. Everything in his favorite categories was so overpriced. When looking at the five points on which you can gain an advantage over the market, it's best to start at the top and cross off stocks that clearly fail in one regard. If a stock falls flat when it comes to durability - you may want to eliminate it right then. If it's clearly a low-quality business, you might not even need to take a hard look at the EV/EBITDA ratio. If it's trading at 30 times earnings, you don't need to worry about capital allocation or future growth. It's clearly a failure when it comes to value. A stock that scores well enough on all five points will often make the best long-term investment. It will usually be the easiest to understand. However, you can make money when a stock scores insanely well on one point but not well on others. In such a situation, the great advantage in one area can compensate for other flaws. A classic example - one I've invested in many times - is a negative enterprise value stock. In other words, when a consistently profitable company is selling for less than its net cash - it may not matter whether that business is especially durable, high quality, etc. It may be enough to know it's being given away for free. Especially if you can buy a basket of such stocks. But my big advice is not to focus exclusively on one of the five points. It's especially dangerous to think a small advantage on one point - like having an EV/EBITDA of 5 - is enough to offset shortcomings in areas like durability or quality. It takes a very large advantage on a point like value to offset clear failures on key points like business quality and durability of cash flows. I don't have a name for this five-point approach. But the idea of focusing on: 1. Durability 2. Quality 3. Value 4. Capital Allocation 5. Growth Comes a lot closer to explaining my investment approach than the label \""value\"" does. I think value is often the clearest point. But it's really only one-fifth of the story. [url=mailto:[email]geoff@gannononinvesting.com[/email]]Ask Geoff a Question[/url] Read More: Warren Buffett About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Unit to Invest $0.65M - Analyst Blog Exelon Corporation 's ( EXC ) subsidiary PECO Energy Company (\""PECO\"") announced that it will spend $0.65 million to replace and carry out allied preventive maintenance activities on its 50,000 feet of underground electricity cable in first-quarter 2013. In addition, approximately 28,000 feet of underground cable will be injected with silicone gel to plug and seal splits that may occur during the cable's insulation. Exelon intends to complete these activities by Mar 2013. This infrastructure upgrade program along with utilization of latest expertise will enable Exelon Corporation to provide uninterrupted services to its 5,000 strong customer base, strengthen system competence, reduce cable malfunctions and limit digging. These factors will subsequently improve consumer confidence as well as public safety. PECO invests regularly for improvement of its energy transmission and distribution operations and installation of modern technologies. In Jan 2013, the company invested approximately $2.2 million in tree trimming along 348 miles of aerial electric lines in its operating region. It is evident from Exelon Corporation's capital spending program that the company currently intends to upgrade its electricity distribution assets. In 2013, the company plans to invest $5.5 billion including an allocation of $1.4 billion for improvement of distribution infrastructures. In fourth-quarter 2012, Exelon Corporation's net cash from operating activities was $6.1 billion, up 27.1% year over year. The company ended the quarter with cash and cash equivalents of $1.5 billion, significantly up from $1.0 billion as of Dec 31, 2011. We believe that Exelon Corporation's strong financial position encourages it to follow steady infrastructure development activities. Exelon Corporation currently has a Zacks Rank #3 (Hold). Other stocks from the industry that are presently performing well include Brookfield Infrastructure Partners L.P. ( BIP ), Otter Tail Corporation ( OTTR ) and Pike Electric Corporation ( PIKE ) all carrying a Zacks Rank #1 (Strong Buy). BROOKFIELD INFR (BIP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report OTTER TAIL CORP (OTTR): Free Stock Analysis Report PIKE ELECTRIC (PIKE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-03-15,16.3615,16.8832,16.2873,16.8618,"Xcel Energy Inc. (XEL) Ex-Dividend Date Scheduled for March 19, 2013 Xcel Energy Inc. ( XEL ) will begin trading ex-dividend on March 19, 2013. A cash dividend payment of $0.27 per share is scheduled to be paid on April 20, 2013. Shareholders who purchased XEL stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that XEL has paid the same dividend. The previous trading day's last sale of XEL was $29.02, representing a -3.01% decrease from the 52 week high of $29.92 and a 12.31% increase over the 52 week low of $25.84. XEL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). XEL's current earnings per share, an indicator of a company's profitability, is $1.86. Zacks Investment Research reports XEL's forecasted earnings growth in 2013 as 4.04%, compared to an industry average of 4.7%. For more information on the declaration, record and payment dates, visit the XEL Dividend History page. Interested in gaining exposure to XEL through an Exchange Traded Fund [ETF]? The following ETF(s) have XEL as a top-10 holding: N/A (LVOL) PowerShares S&P 500 Low Volatility Portfolio ETF ( SPLV ). The top-performing ETF of this group is LVOL with an increase of 7.24% over the last 100 days. It also has the highest percent weighting of XEL at 2.06%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-03-18,16.7543,16.9165,16.729,16.8657,"Stock Market News for March 18, 2013 - Market News On Friday, major indices closed in the red after the Consumer Sentiment index dropped unexpectedly in the month of March. The Dow Jones ended its longest winning streak in almost seventeen years. A bunch of economic reports was released on Friday. Industrial production surged in February whereas manufacturing activity in New York State calmed slightly. The utilities sector was the major gainer among the S&P 500 industry groups. Consumer staples stocks were the biggest loser. The Dow Jones Industrial Average (DJI) lost 0.2% to close the day at 14,514.11. The S&P 500 fell 0.2% to finish Friday's trading session at 1,560.70. The tech-laden Nasdaq Composite Index declined 0.3% to end at 3,249. The fear-gauge CBOE Volatility Index (VIX) was unchanged on Friday at 11.30. Consolidated volumes on the New York Stock Exchange, American Stock Exchange and Nasdaq were roughly 8.2 billion shares, significantly higher than 2012's daily average of 6.45 billion shares. Declining stocks outnumbered the advancers. For the 46% that advanced, 50% declined. The blue-chip index gained 0.8%, S&P 500 inched up 0.6% and Nasdaq increased 0.2% over the week. The Dow ended in the red after ten consecutive days of gains. The rally was driven primarily by the Federal Reserve's attempts to keep interest rates at a record low level. The improving employment scenario and better-than-expected retail sales data also boosted investor sentiment. Investor optimism about the world's largest economy has pushed the volatility index to its lowest level in more than six years. Friday's trading session was largely affected by a sharp decline in the consumer sentiment index. According to preliminary estimates, consumer sentiment sharply declined to 71.8 in March from previous month's reading of 77.6. This was also well below the consensus estimate of 77.2. The consumer sentiment index has touched its lowest level since December 2011. Most US citizens believe government spending cuts of $85 billion will hamper the growth of the economy. Meanwhile, industrial production increased 0.7% in February after remaining unchanged in January. This was above the consensus estimate of 0.4%. Manufacturing and utilities output increased 0.8% and 1.6% respectively. But production at mines fell 0.3%, its third consecutive month of decline. On the other hand, manufacturing conditions in New York changed slightly as the general business conditions index came in at 9.2 in March from the previous month figure's of 10. This was below the consensus estimate of 10.67. The general business conditions index was positive for the second consecutive month. Another report was released on the domestic front, the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.7% in February beating the consensus estimate of 0.5%. The gasoline index jumped 9.1% in February. The food index inched up 0.1% in February after remaining unchanged in January. The utilities sector had a good run and the Utilities SPDR (XLU) gained 0.7%. Stocks such as Public Service Enterprise Group Inc. (NYSE: PEG ), The Southern Company (NYSE: SO ), American Electric Power Company, Inc. (NYSE: AEP ), Exelon Corporation (NYSE: EXC ) and Entergy Corporation (NYSE: ETR ) added 1.0%, 0.3%, 0.5%, 2.8% and 2.5%, respectively. The Consumer Staples Select Sect. SPDR (XLP) lost 0.3%. This sector was the biggest loser among the S&P 500 industry groups. Stocks such as The Procter & Gamble Company (NYSE: PG ), The Coca-Cola Company (NYSE: KO ), Wal-Mart Stores, Inc. (NYSE: WMT ), PepsiCo, Inc. (NYSE: PEP ) and Altria Group Inc (NYSE: MO ) fell 1.4%, 0.5%, 1.0%, 0.2% and 0.4%, respectively. AMER ELEC PWR (AEP): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report COCA COLA CO (KO): Free Stock Analysis Report ALTRIA GROUP (MO): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report PEPSICO INC (PEP): Free Stock Analysis Report PROCTER & GAMBL (PG): Free Stock Analysis Report SOUTHN COMPANY (SO): Free Stock Analysis Report WAL-MART STORES (WMT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-03-19,16.9165,17.0396,16.7884,16.8999,
EXC,2013-03-20,16.9429,17.0347,16.8882,17.0122,
EXC,2013-03-21,17.0172,17.0562,16.937,17.0172,
EXC,2013-03-22,17.0172,17.1383,16.9751,17.0933,
EXC,2013-03-25,17.1432,17.2272,16.8832,16.9214,"Pacific Gas & Electric Co. (PCG) Ex-Dividend Date Scheduled for March 26, 2013 Pacific Gas & Electric Co. ( PCG ) will begin trading ex-dividend on March 26, 2013. A cash dividend payment of $0.455 per share is scheduled to be paid on April 15, 2013. Shareholders who purchased PCG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 13th quarter that PCG has paid the same dividend. The previous trading day's last sale of PCG was $43.8, representing a -6.87% decrease from the 52 week high of $47.03 and a 11.18% increase over the 52 week low of $39.40. PCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PCG's current earnings per share, an indicator of a company's profitability, is $1.92. Zacks Investment Research reports PCG's forecasted earnings growth in 2013 as -17.67%, compared to an industry average of 4.5%. For more information on the declaration, record and payment dates, visit the PCG Dividend History page. Interested in gaining exposure to PCG through an Exchange Traded Fund [ETF]? The following ETF(s) have PCG as a top-10 holding: Ml Utilities Hldr1240 (UTHYL) Select Sector SPDR Fund - Utilities ( XLU ) Vanguard Utilities ETF ( VPU ) iShares Dow Jones U.S. Utilities Index Fund ( IDU ) iShares KLD Select Social Index Fund ( KLD ). The top-performing ETF of this group is IDU with an increase of 6.92% over the last 100 days. UTHYL has the highest percent weighting of PCG at 6.59%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-03-26,17.0073,17.1109,16.9604,17.0513,
EXC,2013-03-27,16.9702,17.2037,16.9507,17.1842,
EXC,2013-03-28,17.1666,17.4519,17.1432,17.4108,"Exelon Upgrades Wallace Substation - Analyst Blog Exelon Corporation 's ( EXC ) subsidiary Commonwealth Edison Company (ComEd) announced the completion of digital improvement of its first substation called Wallace, based in the South Side of Chicago. This substation modernization activity comes under the company's 10-year Grid Modernization Program to follow the Energy Infrastructure Modernization Act (EIMA). Per this upgrade program, ComEd has installed a state-of-the-art technology to decrease occurrence and length of power outages. The company has fitted an Intelligent Substation Dashboard that offers information on the total condition of each part of the substation and converses directly with the employees, if something goes wrong. The digital technology enables ComEd to recognize fault locations and take instant actions. As a result of this infrastructure and technology upgrade program, both ComEd as well as its customers will be benefited in the future. The implementation of modern expertise enables the company to provide uninterrupted services to its 28,000 strong customer base, strengthen system competence and reduce malfunctions. We believe these factors will subsequently improve reliability, consumer confidence and public safety. The EIMA was introduced by Illinois General Assembly in 2011 to invest for developing and upgrading the state's electric infrastructure. This rule also allows the utility providers the right to recover their actual investments in the future. The program will help ComEd to provide uninterrupted electricity service with less outages and faster restoration. It would also offer customers more information as well as generate more than $2.3 billion in customer savings. Further, this project will create 2,000 full-time jobs in the future. Exelon's intention to upgrade its electricity distribution assets is evident from its capital spending program. In 2013, the company plans to invest $5.5 billion with $1.4 billion allocated for the improvement of distribution infrastructure. Chicago, IL.-based Exelon Corporation currently has a Zacks Rank #3 (Hold). Other stocks from the industry that are presently performing better include Brookfield Infrastructure Partners L.P. ( BIP ), Otter Tail Corporation ( OTTR ) and Pike Electric Corporation ( PIKE ). All the three stocks carry a Zacks Rank #1 (Strong Buy). BROOKFIELD INFR (BIP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report OTTER TAIL CORP (OTTR): Free Stock Analysis Report PIKE ELECTRIC (PIKE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-04-01,17.3787,17.4402,17.3142,17.3503,"Exelon Unit to Cut Electricity Rate - Analyst Blog Exelon Corporation 's ( EXC ) unit - Commonwealth Edison Company (ComEd) - plans to lower the electricity rates for its residential customers. The company has already filed its new supply rate request to the Illinois Commerce Commission. ComEd's effort toward rate reduction is part of the ""Prices To Compare"". If approved by the concerned authority, the residential consumers will be getting electricity by paying a lesser amount applicable Jun 2013. Per the rate revision appeal, the electricity distribution rate is expected to decline in the range of 5 to 7 cents per Kilowatt-hour (kWh). The decrease in electricity distribution rate was primarily driven by a drop in energy prices. As per the Illinois Commerce Commission's policy, the consumers of the territory can choose electricity providers through Price to Compare. Consumers can avail of electricity from their preferred companies at a cheaper rate and also assess rate-offers from alternative retail electricity suppliers. The electricity rates under Price to Compare is ascertained by using anticipated electricity supply and transmission costs, which contribute nearly two-third of the average residential customer bill. The remaining one-third of the bill is calculated from delivery charges. Drop in residential electricity rate is a positive step for ComEd to stop customer attrition. This aggressive attempt will enable the company to compete with its peers in a better way. Not only will it enable the company to regain consumers' interest in terms of their electricity bills, it may also help in regaining its old customers apart from gaining new ones. In the service territory of ComEd, more than 40 alternative suppliers are certified to provide electricity to residential customers. Approximately 75% of ComEd customers have already switched to an alternative supplier. It is evident from Exelon's current activities that it is focusing on utility rate reduction and continues to strengthen and modernize its utility assets. A couple of days ago, the company completed the digital improvement of its first substation called Wallace, based in Chicago. The implementation of latest technologies enables the company to provide uninterrupted services to its customers as well as strengthen system competence by reducing malfunctions. To strengthen and modernize Exelon's utility generation and distribution assets, the company plans to invest $5.5 billion in 2013 under its capital spending program. We appreciate the company's efforts toward providing uninterrupted reliable utility at a lower price. Chicago, IL.-based Exelon Corporation currently has a Zacks Rank #3 (Hold). Other stocks from the industry that are presently performing better include Brookfield Infrastructure Partners L.P. ( BIP ), Otter Tail Corporation ( OTTR ) and Pike Electric Corporation ( PIKE ). All the three stocks carry a Zacks Rank #1 (Strong Buy). BROOKFIELD INFR (BIP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report OTTER TAIL CORP (OTTR): Free Stock Analysis Report PIKE ELECTRIC (PIKE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-04-02,17.3737,17.5291,17.3601,17.5163,
EXC,2013-04-03,17.5339,17.576,17.3844,17.4206,
EXC,2013-04-04,17.4402,17.5711,17.4206,17.5339,
EXC,2013-04-05,17.4206,17.7949,17.3787,17.7411,
EXC,2013-04-08,17.7148,17.8905,17.6083,17.8905,
EXC,2013-04-09,17.9005,18.1144,17.8398,18.0333,"Duke Energy Corporation (DUKH) Ex-Dividend Date Scheduled for April 10, 2013 Duke Energy Corporation ( DUKH ) will begin trading ex-dividend on April 10, 2013. A cash dividend payment of $0.3239 per share is scheduled to be paid on April 15, 2013. Shareholders who purchased DUKH stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $25.88, the dividend yield is 5.01%. The previous trading day's last sale of DUKH was $25.88, representing a -0.04% decrease from the 52 week high of $25.89 and a 4.4% increase over the 52 week low of $24.79. DUKH is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). For more information on the declaration, record and payment dates, visit the DUKH Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-04-10,18.1026,18.3058,18.042,18.2472,"Southern Co. Arm Upgrades Mobile Site - Analyst Blog In order to help customers get easy access to varied information, Georgia Power - the largest affiliate of electric utility Southern Company ( SO ) - has upgraded the mobile website of the company. As a result of the up gradation, the customers of Georgia Power can easily access information regarding account balance, data usage, etc. through their mobile devices. Moreover, this site enhancement will aid the customers in paying their bills from home, office and even while travelling. They will also get information related to rebates and incentives while paying bills. Management of Georgia Power discloses that almost every customer uses mobile devices for accessing information. The company believes that due to this upgraded mobile website, their clients will be able to communicate and also do business with them more efficiently. Georgia Power added that its customers will also get instant information related to severe weather condition, which will help them deal with the uncertainties of the approaching summer storms. Georgia Power - one of the four electric utilities that make up Southern Company - is an investor-owned, tax-paying utility that serves 2.4 million customers across Georgia. It has been providing electricity to Georgia for more than a century, at rates well below the national average. Headquartered in Atlanta, Ga., Southern Company is one of the largest generators of electricity in the nation, along with the likes of Exelon Corporation ( EXC ) and Duke Energy Corporation ( DUK ). Southern Company serves both regulated and competitive markets across the southeastern U.S. Southern Company continues to earn returns that are among the highest in the industry, while it maintains its position as a low-cost provider of electricity with superior customer satisfaction levels. Southern Company currently carries a Zacks Rank #2 (Buy), implying that it is expected to outperform the broader U.S. equity market over the next one to three months. Meanwhile, one can consider Brookfield Infrastructure Partners LP ( BIP ), another electric utility, as an attractive investment. The firm sports a Zacks Rank #1 (Strong Buy), implying that it is expected to significantly outperform the U.S. equity market over the next one to three months. BROOKFIELD INFR (BIP): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHN COMPANY (SO): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-04-11,18.2854,18.3058,18.1847,18.2687,"Exelon Corporation Remains Neutral - Analyst Blog We have maintained our Neutral recommendation on Exelon Corporation ( EXC ). The company currently has a Zacks Rank #3 (Hold). Why the Reiteration? The reiteration was primarily based on risks associated with Exelon Corporation's highly regulated operations and pending rate cases. However, we consider the company's solid utility operations and strong financial position as catalysts, which can mitigate the challenges. In the fourth quarter and full year of 2012, Exelon Corporation's earnings per share and revenues missed the Zacks Consensus Estimates primarily due to higher operating expenses and depreciation and amortization costs, and lower demand due to sluggish economic recovery. Exelon Corporation continues to focus on maintaining a strong financial position. The company's cash balance was $1.4 billion as of Dec 31, 2012, and cash generated from operating activities were $6.1 billion in 2012. This financial condition enables the company to follow a steady inorganic as well as organic growth strategy. It is nice to see that Exelon Corporation generates maximum energy from its nuclear plants and continues to construct plants with the utilization of renewable sources. These initiatives will consequently allow the company to produce additional 420 megawatt carbon-free power in the next five years. The additional output will benefit Exelon Corporation with the Environmental Protection Agency's regulations coming into effect in late 2014. In addition, we appreciate the company's strategy to curb the quarterly dividend rate in order to retain cash and make investments in profitable ventures. We believe contributions from the acquired assets to the top line will increase in the future. Other Stocks to Consider Other stocks from the industry that are presently performing better include Brookfield Infrastructure Partners L.P. ( BIP ), Empresa Nacional de Electricidad S.A. ( EOC ) and Pike Electric Corporation ( PIKE ). All the three stocks carry a Zacks Rank #1 (Strong Buy). BROOKFIELD INFR (BIP): Free Stock Analysis Report ENDESA-CHILE (EOC): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PIKE ELECTRIC (PIKE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-04-12,18.2297,18.3058,18.1974,18.2902,
EXC,2013-04-15,18.1974,18.3245,18.0987,18.0987,
EXC,2013-04-16,18.1319,18.1847,18.002,18.1788,
EXC,2013-04-17,18.1094,18.2736,18.0811,18.213,
EXC,2013-04-18,18.258,18.4573,18.1583,18.4094,"Exelon Unit Installs Solar Assets - Analyst Blog Exelon Corporation 's ( EXC ) business wing - Constellation Energy Resources, LLC - has constructed a 1.6-megawatt solar generation project in the Somerton School District, Yuma County, Ariz. The company owns and preserves the solar power systems of the project. The plant is situated in five locations - Desert Sonora Elementary School, Orange Grove Elementary School, Somerton Middle School, Tierra del Sol Elementary School and Valle del Encanto Learning Center. The solar system consists of roughly 6,600 photovoltaic panels on 10 carports and 8 shade structures. It will generate nearly 2.3 million kilowatt-hours of power annually. At the same time, it will reduce carbon dioxide emission by 1,300 tons per year. Constellation Energy will sell the output to the Somerton School District over the next 20 years. The long-term power purchase agreement will help the Somerton School District to get approximately 60% of its electricity requirements. We believe Exelon Corporation's efforts toward expansion of its solar portfolio will create a win-win situation for both the parties. Per the solar service agreements, the company offers solar installations without upfront capital investments from customers and tries to offer electricity at fixed prices lower than the prices offered by other utilities in the region. Globally, utilization of renewable energy is rising primarily due to its clean nature and a growing awareness among the masses regarding its benefits. These influence utility providers to shift their mode of power generation to solar, wind and water. Exelon Corporation generates 55% of its electricity from the nuclear power plants. The company is currently venturing into environment-friendly power projects, which will subsequently enable it to avoid incidents like Japanese nuclear plant massacres. At present, nearly 10% of Exelon Corporation's total production comes from renewable sources, with the ratio rising gradually. Constellation Energy itself has installed approximately 28-megawatts of solar projects at the Arizona school districts. Exelon Corporation intends to invest $800 million between 2013 and 2014 in order to expand its renewable assets. Apart from Exelon Corporation, other utility providers including Wisconsin Energy Corporation ( WEC ), Sempra Energy ( SRE ) and Northeast Utilities ( NU ) also invest substantial amounts to expand and upgrade their renewable portfolio. Chicago, Ill.-based Exelon Corporation, a utility services holding company, engages in the generation, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers. The company currently has a Zacks Rank #3 (Hold). EXELON CORP (EXC): Free Stock Analysis Report NORTHEAST UTIL (NU): Free Stock Analysis Report SEMPRA ENERGY (SRE): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-04-19,18.4475,18.5549,18.3283,18.5217,"Entergy Upbeat on 1Q Prelim Earnings - Analyst Blog Entergy Corp. ( ETR ) expects preliminary first quarter 2013 operational earnings of 93 cents per share, above the Zacks Consensus Estimate of 66 cents by almost 41%. The expectation is also higher considerably from the year-ago profit of 44 cents. The improved outlook is mainly due to better performance at Utility and Entergy Wholesale Commodities. On a reported basis, the company expects first quarter earnings to be approximately 89 cents a share, reversing its loss per share of 86 cents incurred in the same period last year. For its Utility division, Entergy expects to generate higher revenues in the first quarter mainly due to pricing adjustments for the investments made last year related to nuclear and combined cycle natural gas-fired generation. Again, the company also hopes to incur lower income tax expense due to a prior-period item. This segment, however, will likely experience higher non-fuel operation and maintenance and depreciation expenses. At Entergy Wholesale Commodities, higher nuclear energy and capacity pricing also led to the increase in earnings. This is partially tempered by an increase in nuclear refueling and unplanned outage days. However, results from its Parent & Other segment dropped as numerous individually insignificant items hindered quarterly segment earnings. Entergy maintained its 2013 earnings guidance in the range of $4.60 to $5.40 per share on an operational basis. However, the company revised its as-reported earnings assumption to $4.56 to $5.36 per share from $4.60 to $5.40 earlier, reflecting expenses related to the proposed spin-off and merger of the transmission business with ITC Holdings Corporation ( ITC ). New Orleans-based Entergy Corp. is primarily engaged in electric power production and retail distribution of power. The company remains well positioned with its geographically diverse mix of regulated and merchant operations. The company is focused on maximizing shareholder value through steady investment in rate base growth, as well as through its ongoing stock buyback program and incremental dividend payments. Entergy − the second largest U.S. nuclear power generator after Exelon Corporation ( EXC ) − is scheduled to report first quarter 2013 financial results on Apr 25 before the earnings bell. The company has a Zacks Rank #3 (Hold). However, we would advise investors to focus on Zacks Rank #1 (Strong Buy) electric power utility Pike Electric Corporation ( PIKE ). ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ITC HOLDINGS CP (ITC): Free Stock Analysis Report PIKE ELECTRIC (PIKE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-04-22,18.5217,18.5784,18.4573,18.5169,
EXC,2013-04-23,18.5491,18.6185,18.3957,18.6185,
EXC,2013-04-24,18.599,18.7925,18.5784,18.7641,
EXC,2013-04-25,18.7827,18.8901,18.6077,18.7768,"[""Alliant Energy Corporation (LNT) Ex-Dividend Date Scheduled for April 26, 2013 Alliant Energy Corporation ( LNT ) will begin trading ex-dividend on April 26, 2013. A cash dividend payment of $0.47 per share is scheduled to be paid on May 15, 2013. Shareholders who purchased LNT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.44% increase over the same period a year ago. At the current stock price of $52.39, the dividend yield is 3.59%. The previous trading day's last sale of LNT was $52.39, representing a -0.51% decrease from the 52 week high of $52.66 and a 24.12% increase over the 52 week low of $42.21. LNT is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). LNT's current earnings per share, an indicator of a company's profitability, is $2.9. Zacks Investment Research reports LNT's forecasted earnings growth in 2013 as 2.87%, compared to an industry average of 5.7%. For more information on the declaration, record and payment dates, visit the LNT Dividend History page. Interested in gaining exposure to LNT through an Exchange Traded Fund [ETF]? The following ETF(s) have LNT as a top-10 holding: iShares S&P MidCap 400/Barra Value Index Fund ( IJJ ) SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value ( MDYV ) Vanguard S&P Mid-Cap 400 Value ETF ( IVOV ). The top-performing ETF of this group is IVOV with an increase of 18.02% over the last 100 days. IJJ has the highest percent weighting of LNT at 0.86%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""NiSource, Inc (NI) Ex-Dividend Date Scheduled for April 26, 2013 NiSource, Inc ( NI ) will begin trading ex-dividend on April 26, 2013. A cash dividend payment of $0.24 per share is scheduled to be paid on May 20, 2013. Shareholders who purchased NI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that NI has paid the same dividend. At the current stock price of $31.14, the dividend yield is 3.08%. The previous trading day's last sale of NI was $31.14, representing a -0.8% decrease from the 52 week high of $31.39 and a 34.57% increase over the 52 week low of $23.14. NI is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NI's current earnings per share, an indicator of a company's profitability, is $1.38. Zacks Investment Research reports NI's forecasted earnings growth in 2013 as 8.51%, compared to an industry average of 5.7%. For more information on the declaration, record and payment dates, visit the NI Dividend History page. Interested in gaining exposure to NI through an Exchange Traded Fund [ETF]? The following ETF(s) have NI as a top-10 holding: First Trust North American Energy Infrastructure Fund ( EMLP ) Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ) WisdomTree MidCap Dividend Fund ( DON ) SPDR DJ Wilshire Mid Cap ETF ( EMM ). The top-performing ETF of this group is EMM with an increase of 18.26% over the last 100 days. EMLP has the highest percent weighting of NI at 3.59%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Entergy Earnings Meet Expectation, Up Y/Y - Analyst Blog Before the bell, Entergy Corporation ( ETR ) reported first quarter 2013 results. In the reported quarter, the company posted operational earnings of 94 cents per share that came at par with the Zacks Consensus Estimate and above the company's preliminary expectation. The reported figure climbed significantly from the year-ago quarter's profit of 44 cents. The higher numbers mainly came from an improved performance at Utility and Entergy Wholesale Commodities. Operational Results Revenue in the reported quarter boosted 9.4% year over year to $2,608.9 million. The top line, however, fell short of the Zacks Consensus Estimate of $2,625.0 million. Of this Electricity revenue was up 9.2% to $1,949.3 million, Natural Gas increased almost 16% to $53.3 million, and Competitive Business revenue was up 9.7% to $606.3 million. Segment Results Utility Utility's quarterly earnings were $123.5 million on an as-reported basis and $129.8 million on an operational basis, compared with $62.9 million on as-reported and $68.7 million on operational bases in the first quarter 2012. The year-over-year increase was largely due to lower income tax expense. The reduction in income tax expense was associated with Entergy's write-off of an Entergy Gulf States Louisiana regulatory asset in first quarter 2012. Entergy Wholesale Commodities Entergy Wholesale Commodities' as-reported and operational earnings were $82.1 million for first quarter 2013, compared with a loss of $175.9 million for first quarter 2012. The swing to profit was attributable to higher net revenue from the nuclear portfolio on higher energy and capacity prices. Parent & Other Parent & Other segment widened its loss in the reported quarter as numerous individually insignificant items affected results. The unit reported a loss of $44.2 million on both as-reported basis and an operational basis for first quarter 2013. This compares to a loss of $38.6 million on an as-reported basis and $37.2 million on an operational basis in the first quarter 2012. Financial Condition The company generated $544.0 million net cash from operating activities compared with $601.0 million in the first quarter 2012. Cash and cash equivalents at the end of the reported period were $263.0 million versus $685 million at year-end 2012. Long-term debt increased to $13,471 million from $12,619.0 million at year-end 2012. Guidance Entergy maintained its 2013 earnings guidance in the range of $4.60 to $5.40 per share on an operational basis. However, the company revised its as-reported earnings assumption to $4.56 to $5.36 per share from $4.60 to $5.40 per share earlier, reflecting expenses related to the proposed spin-off and merger of the transmission business with ITC Holdings Corporation ( ITC ). Zacks Rank Entergy \u2212 the second largest U.S. nuclear power generator after Exelon Corporation ( EXC ) \u2212 has a Zacks Rank #3 (Hold). However, we would advise investors to focus on Zacks Rank #1 (Strong Buy) Brookfield Infrastructure Partners L.P. ( BIP ). BROOKFIELD INFR (BIP): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ITC HOLDINGS CP (ITC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-04-26,18.7728,18.9008,18.769,18.8501,"UNITIL Corporation (UTL) Ex-Dividend Date Scheduled for April 29, 2013 UNITIL Corporation ( UTL ) will begin trading ex-dividend on April 29, 2013. A cash dividend payment of $0.345 per share is scheduled to be paid on May 15, 2013. Shareholders who purchased UTL stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 54th quarter that UTL has paid the same dividend. At the current stock price of $30.19, the dividend yield is 4.57%. The previous trading day's last sale of UTL was $30.19, representing a -1.5% decrease from the 52 week high of $30.65 and a 25.01% increase over the 52 week low of $24.15. UTL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). UTL's current earnings per share, an indicator of a company's profitability, is $1.45. Zacks Investment Research reports UTL's forecasted earnings growth in 2013 as 7.52%, compared to an industry average of 5.2%. For more information on the declaration, record and payment dates, visit the UTL Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-04-29,18.9077,19.0757,18.8638,19.0757,
EXC,2013-04-30,19.0044,19.0864,18.7895,18.9409,"[""CMS Energy Corporation (CMS) Ex-Dividend Date Scheduled for May 01, 2013 CMS Energy Corporation ( CMS ) will begin trading ex-dividend on May 01, 2013. A cash dividend payment of $0.255 per share is scheduled to be paid on May 31, 2013. Shareholders who purchased CMS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.25% increase over the same period a year ago. At the current stock price of $29.75, the dividend yield is 3.43%. The previous trading day's last sale of CMS was $29.75, representing a -0.27% decrease from the 52 week high of $29.83 and a 33.35% increase over the 52 week low of $22.31. CMS is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). CMS's current earnings per share, an indicator of a company's profitability, is $1.7. Zacks Investment Research reports CMS's forecasted earnings growth in 2013 as 6.29%, compared to an industry average of 6.6%. For more information on the declaration, record and payment dates, visit the CMS Dividend History page. Interested in gaining exposure to CMS through an Exchange Traded Fund [ETF]? The following ETF(s) have CMS as a top-10 holding: Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ) PowerShares S&P 500 Low Volatility Portfolio ETF ( SPLV ) WisdomTree MidCap Dividend Fund ( DON ). The top-performing ETF of this group is RYU with an increase of 15.99% over the last 100 days. It also has the highest percent weighting of CMS at 2.66%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for May 1, 2013 : MRK, CMCSA, CVS, MA, TWX, AGN, AMT, EXC, VIAB, DVN, DLPH, CHK The following companies are expected to report earnings prior to market open on 05/01/2013. Visit our Earnings Calendar for a full list of expected earnings releases. Merck & Company, Inc. ( MRK ) is reporting for the quarter ending March 31, 2013. The large cap pharmaceutical company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.78. This value represents a 21.21% decrease compared to the same quarter last year. In the past year MRK has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 2.47%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MRK is 13.14 vs. an industry ratio of 16.00. Comcast Corporation ( CMCSA ) is reporting for the quarter ending March 31, 2013. The cable tv company's consensus earnings per share forecast from the 16 analysts that follow the stock is $0.49. This value represents a 8.89% increase compared to the same quarter last year. CMCSA missed the consensus earnings per share in the 4th calendar quarter of 2012 by -1.89%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CMCSA is 17.43 vs. an industry ratio of 15.90, implying that they will have a higher earnings growth than their competitors in the same industry. CVS Corporation ( CVS ) is reporting for the quarter ending March 31, 2013. The drug store company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.79. This value represents a 21.54% increase compared to the same quarter last year. In the past year CVS has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 2.73%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CVS is 14.54 vs. an industry ratio of -69.60, implying that they will have a higher earnings growth than their competitors in the same industry. Mastercard Incorporated ( MA ) is reporting for the quarter ending March 31, 2013. The financial transactions company's consensus earnings per share forecast from the 20 analysts that follow the stock is $6.19. This value represents a 15.49% increase compared to the same quarter last year. In the past year MA has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 1.46%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MA is 21.22 vs. an industry ratio of 8.50, implying that they will have a higher earnings growth than their competitors in the same industry. Time Warner Inc. ( TWX ) is reporting for the quarter ending March 31, 2013. The media company's consensus earnings per share forecast from the 15 analysts that follow the stock is $0.75. This value represents a 11.94% increase compared to the same quarter last year. In the past year TWX has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 6.36%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for TWX is 16.34 vs. an industry ratio of 25.60. Allergan, Inc. ( AGN ) is reporting for the quarter ending March 31, 2013. The large cap pharmaceutical company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.96. This value represents a 11.63% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for AGN is 23.88 vs. an industry ratio of 16.00, implying that they will have a higher earnings growth than their competitors in the same industry. American Tower Corporation (REIT) ( AMT ) is reporting for the quarter ending March 31, 2013. The reit company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.48. This value represents a 99.95% decrease compared to the same quarter last year. AMT missed the consensus earnings per share in the 4th calendar quarter of 2012 by -17.07%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for AMT is 39.17 vs. an industry ratio of 15.40, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation ( EXC ) is reporting for the quarter ending March 31, 2013. The electric power utilities company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.68. This value represents a 20.00% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for EXC is 15.05 vs. an industry ratio of 12.00, implying that they will have a higher earnings growth than their competitors in the same industry. Viacom Inc. ( VIAB ) is reporting for the quarter ending March 31, 2013. The media company's consensus earnings per share forecast from the 16 analysts that follow the stock is $0.95. This value represents a 3.06% decrease compared to the same quarter last year. VIAB missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -3%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for VIAB is 13.51 vs. an industry ratio of 25.60. Devon Energy Corporation ( DVN ) is reporting for the quarter ending March 31, 2013. The oil (us exp & production) company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.56. This value represents a 46.67% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for DVN is 15.74 vs. an industry ratio of -2.50, implying that they will have a higher earnings growth than their competitors in the same industry. Delphi Automotive plc ( DLPH ) is reporting for the quarter ending March 31, 2013. The auto (truck) company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.96. This value represents a 7.69% decrease compared to the same quarter last year. In the past year DLPH has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 3.45%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for DLPH is 10.64 vs. an industry ratio of 11.60. Chesapeake Energy Corporation ( CHK ) is reporting for the quarter ending March 31, 2013. The oil (us exp & production) company's consensus earnings per share forecast from the 17 analysts that follow the stock is $0.24. This value represents a 33.33% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CHK is 15.34 vs. an industry ratio of -2.50, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-05-01,18.8256,18.9077,18.4612,18.5549,"Exelon Corp. Tops 1Q Earnings - Analyst Blog Exelon Corporation ( EXC ) announced first quarter 2013 operating earnings of 70 cents per share, lower than the year-ago figure of 85 cents per share but ahead of the Zacks Consensus Estimate by 2 cents. However, the company succeeded in reaching its top end of the guidance. This excludes unrealized gains related to nuclear decommissioning trust fund investments of 4 cents, gain on plant retirements and divestitures of 2 cents. It also excludes mark-to-market impact of economic hedging activities of 27 cents, constellation merger and integration costs of 3 cents, amortization of commodity contract intangibles of 14 cents, re-measurement of like-kind exchange tax position of 31 cents and nuclear uprate project cancellation of 2 cents per share. Including these gain and charges, GAAP loss per share reported by the company was 1 cent versus earnings per share of 28 cents. The results reflect lower energy margins at Generation, higher operating and maintenance expenses, higher depreciation and amortization expense and increased average diluted common shares outstanding due to the merger with Constellation Energy (""CEG""). However, these negatives were partially offset by addition of Constellation Energy's contribution to Generation's energy margins, contribution of Baltimore Gas and Electric's (""BGE"") financial results, higher nuclear volume due to fewer planned and unplanned outage days and impact of favorable weather in the Commonwealth Edison Company (""ComEd"") and PECO Energy Company (""PECO"") territories. Total Revenue Exelon's total operating revenue for first quarter 2013 was $6,894 million, reflecting year-over-year growth of 42.5%. Reported quarter revenue also surpassed the Zacks Consensus Estimate of $6,560 million. Quarterly Highlights During the quarter, total operating expenses increased sharply 55.3% year over year to $5,779 million mainly due to higher purchase power and fuel, and operating and maintenance costs. However, increase in operating expenses was offset by increase in revenue, resulting in an operating income of $1,124 million, up from $1,102 million in first quarter of 2012. Segment Update Generation: Segment generated net income of $336 million, down 17.8% year over year. Exelon-operated nuclear plants achieved a 96.4% capacity factor for the first quarter of 2013. Commonwealth Edison Company (ComEd): Segment net income was $89 million, up from $88 million in the year ago period. The results were driven by favorable weather in ComEd's service territory. However, this was partially offset by lower realized prices resulting from changes in customer mix. PECO Energy Company (PECO): Segment net income increased to $123 million from $100 million reported in the year-ago period driven by favorable weather in PECO's service territory. BaltimoreGas and Electric (BGE): Segment generated net income of $74 million. Financial Update The company exited the quarter with cash and cash equivalents of $679 million, down from $1,411 million at the end of 2012. Long-term debt as of Mar 31, 2013 totaled $16,210 million, down from $17,190 million at the end of Dec 31, 2012. Cash provided by operating activities in first quarter of 2013 was $859 million versus $994 million in the comparable period last year. Capital expenditure during the reported quarter was $1,447 million versus $1,496 million in the comparable year-ago period. Hedges Exelon's hedging program involves the hedging of commodity risks for expected generation, typically on a ratable basis over a three-year period. The proportion of expected generation hedged as of Mar 31, 2013, is 98% - 101% for 2013, 70% - 73% for 2014, and 33% - 36% for 2015. Peer Comparison Recently, Mich.-based CMS Energy Corporation ( CMS ) announced first-quarter 2013 earnings per share of 53 cents on both adjusted and GAAP basis, beating the Zacks Consensus Estimate of 46 cents. Earnings were 43.2% higher than 37 cents earned in the year-ago quarter. Zacks Rank Exelon Corp. presently retains a short-term Zacks Rank #3 (Hold). Stocks worth considering are ALLETE, Inc. ( ALE ) and Calpine Corp. ( CPN ), both with a Zacks Rank #2 (Buy). ALLETE INC (ALE): Free Stock Analysis Report CMS ENERGY (CMS): Free Stock Analysis Report CALPINE CORP (CPN): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-05-02,18.4905,18.4905,18.1202,18.3498,"Company News for May 2, 2013 - Corporate Summary • Comcast Corporation (NASDAQ: CMCSA ) reported first quarter earnings per share of $0.51, surpassing the Zacks Consensus Estimate of $0.49 • Exelon Corporation (NYSE: EXC ) posted first quarter earnings per share of $0.71, ahead of the Zacks Consensus Estimate of $0.68 • Merck & Co., Inc. (NYSE: MRK ) reported first quarter earnings per share of $0.85, beating Zacks Consensus Estimate of $0.78 • Viacom, Inc. (NASDAQ: VIAB ) posted second quarter earnings per share of $0.96, ahead of the Zacks Consensus Estimate of $0.95 COMCAST CORP A (CMCSA): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report MERCK & CO INC (MRK): Free Stock Analysis Report VIACOM INC-B (VIAB): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-05-03,18.4036,18.5217,18.0674,18.0811,"[""Northeast Utilities Beats Earnings Est. - Analyst Blog Northeast Utilities ( NU ) announced first-quarter 2013 pro forma earnings of 73 cents per share, beating the Zacks Consensus Estimate by 8 cents and year-ago level by 30.4%. Improvement in earnings was primarily driven by 72.6%, 13.4%, 59%, 36.2%, 31% and 194.6% year-over-year rises in Electric Transmission , Electric Distribution and Generation , Connecticut Light andPower Company , Public Service Company of New Hampshire , Western Massachusetts Electric Company and Natural Gas Distribution segments' earnings, respectively. In addition, NSTAR Electric and NU parent and other businesses also contributed significantly. On a GAAP basis, the company reported earnings of 72 cents per share versus 56 cents per share a year ago. The difference between GAAP and pro forma earnings was due to a penny cost associated with the NSTAR merger. Total Revenue The company's revenues of $1,995 million beat the Zacks Consensus Estimate by $88 million. Quarterly revenues increased 81.4% year over year owing to favorable performance from all the segments. First Quarter Operational Highlights Northeast Utilities' overall retail electric sales increased 3.2% year over year to 13,796 Gigawatt hours. The company's natural gas sales were 39,422 million cubic feet, up 21.8% year over year. Northeast Utilities' total operating expenses increased 78.1% year over year to $1.6 billion primarily due to higher purchased power, fuel and transmission costs, operations and maintenance costs as well as depreciation expenses. In addition, the company's spending under its Energy Efficiency Programs was also responsible for this higher expense. Financial Update As of Mar 31, 2013, Northeast Utilities had cash balance of $60.8 million compared with $45.7 million as of Dec 31, 2012. Long-term debt as of Mar 31, 2013 was $7.0 billion versus $7.2 billion as of Dec 31, 2012. Net cash provided by operating activities during the first three months of 2013 was $473.1 million, significantly higher than $8.8 million in the year-ago comparable period. Capital expenditures increased to $389 million from $304.3 million a year ago. Guidance Northeast Utilities reaffirmed its full-year 2013 earnings guidance in the range of $2.40 to $2.60 per share. Other Utility Company Releases Exelon Corporation ( EXC ) announced first quarter operating earnings of 70 cents per share, beating the Zacks Consensus Estimate by 2 cents. Entergy Corporation ( ETR ) reported first quarter operational earnings of 94 cents per share that came at par with the Zacks Consensus Estimate. American Electric Power Co. Inc. ( AEP ) reported first quarter earnings of 80 cents per share that were in line with the Zacks Consensus Estimate. Our View In first-quarter 2013, Northeast Utilities experienced positive impacts from its recently completed NSTAR-merger. Both NSTAR Electric as well as NSTAR Gas Company performed well. We believe this merger continues to aid the company to increase its scale of operations and serve a wider customer base in the future. In addition, the company expects its Greater Springfield Reliability project to contribute significantly in 2013 as it will be online by this year. Western Massachusetts Electric Company's improvement in earnings primarily generated from this project as its 345 kilovolt (kV) portion energized in the first quarter. However, over dependence on transmission and distribution businesses, and stringent regulations, may to some extent restrict the company's future performance. Hartford, Conn. and Boston, Mass.-based Northeast Utilities provides energy delivery services to residential, commercial and industrial customers in Connecticut, New Hampshire and Massachusetts. The company currently has a Zacks Rank #2 (Buy). AMER ELEC PWR (AEP): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NORTHEAST UTIL (NU): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""POM Lags Earnings Est., Guidance Intact - Analyst Blog Pepco Holdings Inc. ( POM ) reported first quarter 2013 earnings from continuing operations of 24 cents per share, a penny lower than the Zacks Consensus Estimate. However, earnings were 9.1% higher than the year-ago number of 22 cents. The year-over-year increase in operating earnings was primarily due to higher electric distribution revenue partially offset by higher operation and maintenance expenses. Loss per share, as per GAAP, was $1.82 versus earnings of 28 cents in the first quarter of 2012. The difference between GAAP and operating earnings during the reported quarter was due to a charge of $1.64 per share from cross border energy lease and a charge of 43 cents from certain deferred tax assets and a gain of 1 cent from cross-border energy lease earnings, exclusive of charges. Total Revenue Total revenue at the end of the first quarter was $0.85 billion, down 31.4% from $1.24 billion in the year-ago period. Quarterly revenue also fell short of the Zacks Consensus Estimate of $1.32 billion by 35.4%. The year-over-year decline was primarily due to lower contribution from Pepco Energy Services which declined 45.5%. This was offset partially by better performance from Power Delivery which grew 6.5%. Highlights of the Release In first quarter, total electric sales, at Power Delivery, increased 4.9% to 11,905 gigawatt hours (GWh). The harsh winter weather in its service territories increased demand for electricity. Total operating expenses at the end of the quarter declined 2.1% from the comparable year-ago period. Pepco Holdings continued with its initiatives to implement smart meters in its service territories. Pepco completed installing 98% of its smart meters in its District of Columbia service territory, while Delmarva Power installed and activated smart meters in its Delaware electric service territory. Financial Update Cash and cash equivalents, including restricted cash, were $135 million as of Mar 31, 2013, substantially higher than $35 million as of Dec 31, 2012. Long-term debts as of Mar 31, 2013 were $3.89 billion, down 6.9% from $3.64 billion as of Dec 31, 2012. Guidance Pepco Holdings reaffirmed its 2013 earnings guidance in the range of $1.05 to $1.20 per share. The guidance assumes normal weather during the year. Other Company Releases Exelon Corporation ( EXC ) reported earnings of 70 cents per share in the first quarter of 2013, surpassing the Zacks Consensus Estimate by 2 cents. CMS Energy Corporation ( CMS ) announced first-quarter 2013 operating earnings of 53 cents per share, 15.2% above the Zacks Consensus Estimate of 46 cents. Public Service Enterprise Group Inc. ( PEG ) reported first quarter 2013 earnings of 85 cents per share, up 14.9% from the Zacks Consensus Estimate of 74 cents. Our View Pepco Holdings' earnings improved from the prior year, thanks to its continuous investment in upgrading its infrastructure. A harsh winter in its service territory also drove demand for electricity. Pepco Holdings still has a few pending rate cases and, since the outcome of the same is uncertain, visibility on 2013 performance is low. However, the company was able to marginally increase its regulated electric and gas customer base from the year-ago quarter. Based in Washington, District of Columbia, Pepco Holdings, through its two operating divisions, Power Delivery and Competitive Energy, is engaged in the transmission and distribution of electricity, as well as delivery and supply of natural gas. Pepco Holdings currently retains a Zacks Rank #3 (Hold). CMS ENERGY (CMS): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-05-06,17.9159,17.9659,17.6591,17.7997,"[""NV Energy Beats 1Q Earnings Est. - Analyst Blog NV Energy Inc. 's ( NVE ) first-quarter 2013 earnings per share were 9 cents, a penny higher than the Zacks Consensus Estimate and up 80% from the year-ago results. The increase in earnings was driven by favorable weather conditions, decline in operations and maintenance expenses, as well as lower interest costs. Revenues Operating revenues were $584.2 million, missing the Zacks Consensus Estimate by 5.2% and decreasing 4.4% year over year. Operational Highlights Total operating expenses declined 7% year over year to $479 million primarily owing to decrease in energy efficiency program costs and maintenance expenses. Despite decrease in revenues, minimization of total operating expenses enabled the company to improve its operating income by 9% year over year to $105.2 million. Financial Update As of Mar 31, 2013, NV Energy had cash balance of $251 million compared with $298.3 million as of Dec 31, 2012. Long-term debt as of Mar 31, 2013 was $4.5 billion versus $4.7 billion as of Dec 31, 2012. Net cash provided by operating activities during the first three months of 2013 was $88.9 million, up 32.1% year over year. Guidance NV Energy expects full-year 2013 earnings in the range of $1.25 to $1.35 per share. Other Utility Company Releases American Electric Power Co. Inc. ( AEP ) reported first quarter earnings of 80 cents per share, in line with the Zacks Consensus Estimate. Entergy Corporation ( ETR ) reported first quarter operational earnings of 94 cents per share that came at par with the Zacks Consensus Estimate. Exelon Corporation ( EXC ) announced first quarter operating earnings of 70 cents per share, beating the Zacks Consensus Estimate by 2 cents. Our View NV Energy continues to make strategic investments to strengthen its generation and transmission capacities. The company intends to invest $520 million in 2013 primarily to boost its low cost clean generation assets. NV Energy's NV Energize smart grid project is 95% complete and its One Nevada transmission project is on schedule. As a major portion of NV Energy's generation comes from natural gas sources, this helps the company to lower its environment compliance expenditures. In addition, the company projects an annual increase in customer count by 1.2% in 2013 and a decline in interest expenses due to repayment of debts. We believe all these will lead to improvement in results for the company. However, weather variations and unplanned outages, may to some extent, restrict NV Energy's future performance. Las Vegas, Nev.-based NV Energy and its subsidiaries engage in the generation, transmission, distribution and sale of electric energy in Nevada. The company currently has a Zacks Rank #3 (Hold). AMER ELEC PWR (AEP): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NV ENERGY INC (NVE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Downgrades: Analyst Goes Nuclear on Exelon 165,000 people is certainly an awesome Kentucky Derby crowd . Whether it is quite so stellar a number for new jobs created in a country where over 11 million remain unemployed amid the lowest labor force participation rate since 1979 is another matter altogether. Still, the employment report engendered a bout of tulip mania 24 hours before Louisville's Run for the Roses, and by the end of it shares had reached new records. Groucho Marx, who had a thing for horses, of course, certainly enjoyed a better time of it than his cousin Karl, as Dow Industrials (^DJI) reacted to proletariat May Day austerity riots by hitting 15,000 for the first time in its history. Elsewhere Harvard dropout Bill Gates saw his Microsoft ( MSFT ) rise 5.4% to again best all blue chips, and Harvard dropout Mark Zuckerberg saw his Facebook ( FB ) advance an identical 5.4% after announcing earnings. Truth be told, the university's slacker students have had a better time of it than their professors, with its faculty recently enduring one embarrassment after another . No top-tier data economic due today, but earnings announcements are expected out of Anadarko Petroleum ( APC ), Apollo Global ( APO ), EOG Resources (EOG), First Solar (FSLR), Frontier Communications (FTR), Sysco Corporation (SYY), Target (TGT), and Tyson Foods (TSN). American Capital Agency (AGNC): Shares are now Neutral from Buy at Nomura. Comerica (CMA): The regional bank gets reduced to Neutral from Buy at BTIG. Eldorado Gold (EGO): RBC Capital cuts the commodity company to Sector Perform from Outperform. Exelon ( EXC ): More bad news for the utility, which owns 10 nuclear power plants and 17 reactors. Shares, which fell 1.46% on Friday even amid the market's overall ebullience, are now Neutral from Buy at ISI Group. HeartWare (HTWR): Shares are now Neutral from Outperform at Credit Suisse. Kimco Realty (KIM): Goldman Sachs cuts KIM to Neutral from Buy, sending the stock down in today's pre-market trading. Moody's (MCO): MCO is moved to Outperform from Strong Buy at Raymond James after last week's 13.8% surge. PACCAR Inc. (PCAR): The truck stock, recently trading at fresh peaks, gets taken to Neutral from Buy at Bank of America-Merrill Lynch. Spanish Banks : Banco Bilbao (BBVA) and Banco Santander (SAN) are both showing weakness in today's European trading after being slashed to Sell from Neutral at Citigroup. Concerns include softness in Latin American net interest income. Unum Group (UNM): Deutsche Bank lowers the insurance outfit to Hold from Buy. Weatherford International (WFT): The oil services outfit is now Neutral from Strong Buy at ISI Group. (See also: New Stock Coverage: Hanesbrands Stock Run Has L'eggs and Stock Upgrades: No Need for Intel to Have a Chip on Its Shoulder . ) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""X Factor: 5 Stocks Reaching Their Ex-Dividend Date on May 13 Many stocks will reach their ex-dividend date next Thursday which is significant for investors as the seller of the stock on that date, not the buyer, receives the most recent dividend. A stock must be bought one day before the ex-dividend date to claim any dividends that have been announced but not yet paid. The company determines on the record date, which usually occurs two days after the ex-dividend date, which shareholders qualify for the dividend. Shareholders listed as holders of record after the record date then receive their dividend on the date of payment established by the company. Those purchasing right before the record date forfeit the dividend and normally get the stock for a reduced amount. It may seem an anachronism in this era of high frequency trading, but the dividend rate rules are in force since it can still take up to three business days for transactions to be credited to and settled in an investor's account. Below are five stocks that schedule May 13 as their ex-dividend date. All annual yields are estimated. ARMOUR Residential REIT ( ARR ) yields 13.21% annually and has a market cap $1.97 billion. The real estate investment trust , or REIT, will pay a monthly dividend of $0.07 on May 30, and the monthly yield will be 1.10% based on yesterday's closing price of $6.36. The company has paid a monthly dividend since 2010. Exelon Corporation ( EXC ) yields 3.46% annually and has a market cap of $30.62 billion. The utility services holding company will pay a quarterly dividend of $0.31 on June 10, and the quarterly yield will be 0.87% based on yesterday's closing price of $35.81. The company has paid a quarterly dividend since 1980. DuPont ( DD ) yields 3.34% annually and has a market cap of $49.64 billion. The global science and technology company will pay a quarterly dividend of $0.45 on June 12, and its quarterly yield will be 0.63% based on yesterday's closing price of $53.94. The company has paid a quarterly dividend since 1962, and each dividend payment has either increased or remained the same from the prior quarter. Talisman Energy ( TLM ) yields 2.26% annually and has a market cap of $11.08 billion. The upstream oil and gas company will pay a semi-annual dividend of $0.0675 on June 28, and the quarterly yield will be 0.59% based on Friday's closing price of $11.49. The company has paid a semi-annual dividend since 2001. Target ( TGT ) yields 2.04% annually and has a market cap of $45.22 billion. The global operating of general merchandise stores will pay a quarterly dividend of $0.36 on June 10, and the quarterly yield of the dividend will be 0.51% based on Friday's closing price of $70.50. The company has paid a quarterly dividend since 1983, and each dividend payment has either increased or remained the same from the prior quarter. These companies also have their ex-dividend date on May 13. All annual yields are estimated. Shaw Communications (SJR) yields 4.25% annually and will pay a monthly dividend of $0.085 on May 30. Con-way (CNW) yields 1.20% annually and will pay a quarterly dividend of $0.10 on June 14. Energen Corporation (EGN) yields 1.20% annually and will pay a quarterly dividend of $0.145 on June 3. OfficeMax (OMX) yields 0.69% annually and will pay a quarterly dividend of $0.02 on May 31. MAXIMUS (MMS) yields 0.47% annually and will pay a quarterly dividend of $0.09 on May 31. Purchase -- and have your broker settle -- before the ex-dividend date to secure the dividend. Twitter: @ChrisWitrak The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-05-07,17.8447,17.9599,17.7997,17.9306,"NRG Energy Widens Loss, Misses Est - Analyst Blog NRG Energy Inc. ( NRG ) posted first-quarter 2013 loss per share of $1.02, wider than the Zacks Consensus Estimate of a loss of 27 cents. Quarterly results were also worse than the year-ago loss per share of 92 cents. The significant loss reflects increase in operating and interest expenses. Revenue NRG Energy's total operating revenues of $2.1 billion was down by 25.4% than the Zacks Consensus Estimate. Quarterly revenues increased 11.8% from the year-ago quarter. Highlights of the Release NRG Energy's total operating expenses were $2.3 billion, up 15.2% year over year due to higher cost of operations, depreciation charges, and selling, general and administrative expenses. The company reported operating loss of $259 million, widened 52.4% year over year due to the rise in operating expenses. Interest expenses increased 18.8% year over year to $196 million primarily due to a higher debt level. NRG Energy's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) during the quarter were $373 million, up 18% year over year on favorable performances from the East , Alternate Energy and Corporate segments. These were partially offset by decreases in adjusted EBITDA from the Retail , West , Wholesale Gulf Coast- Texas and South Central , and Other segments. Financial Update NRG Energy's cash balance as of Mar 31, 2013 was $1.7 billion versus $2.1 billion as of Dec 31, 2012. As of Mar 31, 2013, long-term debt and capital leases were $15.9 billion versus $15.7 billion as of Dec 31, 2012. Net cash used in operating activities during the first three months of 2013 was $124 million, higher than $76 million in the comparable year-ago period. NRG Energy's total capital expenditures increased to $813 million from $639 million in the prior-year quarter. Guidance NRG Energy's full-year 2013 and 2014 adjusted EBITDA guidance is in the range of $2.6-$2.8 billion and $2.8-$3.0 billion, respectively. The company's guidance for adjusted cash flow from operations is $1.6-$1.8 billion for 2013 and $1.5-$1.7 billion for 2014. The company's full-year 2013 and 2014 free cash flow (before growth investments) guidance is in the range of $1.0-$1.2 billion and $0.9-$1.1 billion, respectively. Other Utility Company Releases Exelon Corporation ( EXC ) announced first quarter operating earnings of 70 cents per share, beating the Zacks Consensus Estimate by 2 cents. Entergy Corporation ( ETR ) reported first quarter operational earnings of 94 cents per share that came at par with the Zacks Consensus Estimate. American Electric Power Co. Inc. ( AEP ) reported first quarter earnings of 80 cents per share, in line with the Zacks Consensus Estimate. Our Take In first-quarter 2013, NRG Energy experienced positive impacts from the GenOn merger in terms of improvement in realized gross margin in the East segment. We believe this merger will continue to add some momentum to the company's forthcoming financial prospects. In the quarter under review, Retail customer headcount increased by 21,000. We believe the commencement of operations at the newly installed Borrego I Solar Generating Station, Alpine Generating Station and Avra Valley Solar Generating Station will enable the company to meet the growing demand. However, fuel price volatility, stringent regulatory compliances and over-reliance on weather conditions is likely to pose challenges to NRG Energy's near-term performance. Princeton, NJ and Houston, TX-based NRG Energy Inc. together with its subsidiaries operates as an integrated wholesale power generation and retail electricity company. The company currently has a Zacks Rank #3 (Hold). AMER ELEC PWR (AEP): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-05-08,17.8955,18.0674,17.8955,18.0333,
EXC,2013-05-09,18.002,18.0987,17.9062,17.9766,"Wisconsin Energy Corporation (WEC) Ex-Dividend Date Scheduled for May 10, 2013 Wisconsin Energy Corporation ( WEC ) will begin trading ex-dividend on May 10, 2013. A cash dividend payment of $0.34 per share is scheduled to be paid on June 01, 2013. Shareholders who purchased WEC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 13.33% increase over the same period a year ago. At the current stock price of $43.83, the dividend yield is 3.1%. The previous trading day's last sale of WEC was $43.83, representing a -2.6% decrease from the 52 week high of $45 and a 21.71% increase over the 52 week low of $36.01. WEC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WEC's current earnings per share, an indicator of a company's profitability, is $2.37. Zacks Investment Research reports WEC's forecasted earnings growth in 2013 as 3.29%, compared to an industry average of 6.1%. For more information on the declaration, record and payment dates, visit the WEC Dividend History page. Interested in gaining exposure to WEC through an Exchange Traded Fund [ETF]? The following ETF(s) have WEC as a top-10 holding: Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ) PowerShares S&P 500 Low Volatility Portfolio ETF ( SPLV ) Guggenheim Defensive Equity ETF ( DEF ). The top-performing ETF of this group is SPLV with an increase of 14.42% over the last 100 days. RYU has the highest percent weighting of WEC at 2.66%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-05-10,17.9453,18.0518,17.9005,18.0518,
EXC,2013-05-13,18.0333,18.0752,17.7743,17.7919,
EXC,2013-05-14,17.8221,17.9599,17.7831,17.8271,"Duke Energy Corporation (DUK) Ex-Dividend Date Scheduled for May 15, 2013 Duke Energy Corporation ( DUK ) will begin trading ex-dividend on May 15, 2013. A cash dividend payment of $0.765 per share is scheduled to be paid on June 17, 2013. Shareholders who purchased DUK stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DUK has paid the same dividend. At the current stock price of $71.77, the dividend yield is 4.26%. The previous trading day's last sale of DUK was $71.77, representing a -4.9% decrease from the 52 week high of $75.47 and a 20.36% increase over the 52 week low of $59.63. DUK is a part of the Public Utilities sector, which includes companies such as Exelon Corporation ( EXC ) and Pacific Gas & Electric Co. ( PCG ). DUK's current earnings per share, an indicator of a company's profitability, is $3.35. Zacks Investment Research reports DUK's forecasted earnings growth in 2013 as .5%, compared to an industry average of 5.7%. For more information on the declaration, record and payment dates, visit the DUK Dividend History page. Interested in gaining exposure to DUK through an Exchange Traded Fund [ETF]? The following ETF(s) have DUK as a top-10 holding: Select Sector SPDR Fund - Utilities ( XLU ) Vanguard Utilities ETF ( VPU ) iShares Dow Jones U.S. Utilities Index Fund ( IDU ) Ml Utilities Hldr1240 (UTHYL) iShares S&P Global Utilities Sector Index Fund ( JXI ). The top-performing ETF of this group is IDU with an increase of 11.75% over the last 100 days. XLU has the highest percent weighting of DUK at 9.49%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-05-15,17.8056,18.1036,17.6737,17.9238,
EXC,2013-05-16,17.8691,17.9296,17.6659,17.7216,"Exelon Unit Develops Solar Infra - Analyst Blog Exelon Corporation 's ( EXC ) business unit - Constellation Energy Resources, LLC - has constructed a 2.6-megawatt (MW) solar generation project in N.Y. The company will invest, develop, own and preserve the solar power systems of the project. This project is expected to be completed by 2013. The solar system consists of roughly 9,000 ground-mounted, photovoltaic panels located on approximately 9 acres. It will generate nearly 3.3 million kilowatt-hours of power annually. At the same time, this system will reduce carbon dioxide emission by nearly 2,339 metric tons per year. Constellation Energy will sell the output to Owens Corning ( OC ) over the next 20 years. The long-term power purchase agreement will help Owens Corning to fulfill approximately 6% of electricity requirements of its thermal and acoustical insulation plant in Delmar, N.Y. This project is partly supported by the New York State Energy Research and Development Authority and will come under the New York Sun initiative, a public-private partnership. The main objective of this initiative is to expand the solar industry and make solar technology affordable for every New York citizens. We believe Exelon Corporation's efforts toward expansion of its solar portfolio will create a win-win situation for both the parties. This project will support Owens Corning's 2020 Environmental Footprint Goals for energy utilization and minimization of greenhouse gas emissions. Globally, utilization of renewable energy is rising primarily due to its clean nature and a growing awareness among the masses regarding its benefits. These influence utility providers to shift their mode of power generation to solar, wind and water. Constellation Energy currently owns and operates approximately 145 MW of solar installations that have been completed or are under way throughout the United States. In Apr 2013, the company constructed a 1.6 MW solar generation project in the Somerton School District, Yuma County, Ariz. Exelon Corporation generates 55% of its electricity from the nuclear power plants. The company is currently venturing into environment-friendly power projects, which will subsequently allow it to avoid incidents like Japanese nuclear plant accident. Currently, nearly 10% of Exelon Corporation's total production comes from renewable sources, with the ratio rising gradually. Apart from Exelon Corporation, other utility providers including Wisconsin Energy Corporation ( WEC ) and Sempra Energy ( SRE ) also invest substantial amounts to expand and upgrade their renewable portfolio. Chicago, Ill.-based Exelon Corporation, a utility services holding company, engages in the generation, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers. Exelon Corporation currently has a Zacks Rank #3 (Hold). EXELON CORP (EXC): Free Stock Analysis Report OWENS CORNING (OC): Free Stock Analysis Report SEMPRA ENERGY (SRE): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-05-17,17.7831,17.9766,17.7343,17.9042,
EXC,2013-05-20,17.9336,18.0206,17.7919,17.8221,"Avista Corporation (AVA) Ex-Dividend Date Scheduled for May 21, 2013 Avista Corporation ( AVA ) will begin trading ex-dividend on May 21, 2013. A cash dividend payment of $0.305 per share is scheduled to be paid on June 14, 2013. Shareholders who purchased AVA stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.17% increase over the same period a year ago. At the current stock price of $29.1, the dividend yield is 4.19%. The previous trading day's last sale of AVA was $29.1, representing a -0.55% decrease from the 52 week high of $29.26 and a 27.74% increase over the 52 week low of $22.78. AVA is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AVA's current earnings per share, an indicator of a company's profitability, is $1.38. Zacks Investment Research reports AVA's forecasted earnings growth in 2013 as 34.52%, compared to an industry average of 5.8%. For more information on the declaration, record and payment dates, visit the AVA Dividend History page. Interested in gaining exposure to AVA through an Exchange Traded Fund [ETF]? The following ETF(s) have AVA as a top-10 holding: PowerShares Exchange-Traded Fund Trust II PowerShares S&P Smal ( PSCU ) PowerShares High Yield Equity Dividend Achievers Portfolio ( PEY ) SPDR Russell 2000 Low Volatility ( SMLV ) WisdomTree Trust SmallCap Dividend Fund ( DES ) iShares Small Cap 600/BARRA Value Index Fund ( IJS ). The top-performing ETF of this group is PEY with an increase of 15.82% over the last 100 days. PSCU has the highest percent weighting of AVA at 4.5%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-05-21,17.8378,17.9706,17.7782,17.8329,"Going Anywhere in Search of Value David Green's five-star Hotchkis & Wiley Value Opportunities Fund can buy stocks or bonds, at home or abroad. Here's what he likes now."
EXC,2013-05-22,17.8174,18.0625,17.577,17.6239,
EXC,2013-05-23,17.5339,17.7919,17.4304,17.6844,"Stock Market News for May 23, 2013 - Market News Comments from Federal Reserve Chairman, Ben Bernanke acted as a catalyst, pushing benchmarks to their steepest fall in past three weeks on Wednesday. Existing home sales data came in marginally below the consensus estimate. Meanwhile, China's HSBC Purchasing Managers' Index (PMI) declined to its lowest level in seven months. All the top ten S&P 500 industry groups suffered losses among which utilities stocks suffered the most. The Dow Jones Industrial Average (DJI) lost 0.5% to close the day at 15,307.17. The S&P 500 decreased 0.8% to finish yesterday's trading session at 1,655.35. The tech-laden Nasdaq Composite Index slipped 1.1% to end at 3,463.30. The fear-gauge CBOE Volatility Index (VIX) gained 3.4% to settle at 13.82. Consolidated volumes on the New York Stock Exchange, American Stock Exchange and Nasdaq were roughly 8.34 billion shares, well above 2013's average of 6.36 billion shares. Declining stocks outnumbered the advancers. For the 22% that advanced, 75% declined. The much awaited testimony from Ben Bernanke dampened investor sentiment on Wednesday. Trading started on a positive note when major indices had gained almost 1%. However, post afternoon, benchmarks slipped into red following comments from the Fed chairman. Bernanke agreed that monetary stimulus has helped the economy get back onto its feet, but it is essential for the Central Bank to know if this trend will continue. He added that the Fed might roll back the purchase of $85 billion bonds if economic growth continues in future. This might be done over the ""next few meetings."" The main objective of the monetary stimulus program was to bring inflation rate to 2% and unemployment level to 6.5%. As of now, neither of the targets has been met. At 1%, inflation has reached just half way and unemployment at only 7.5%. However, unemployment level has dropped significantly, from 10% during 2010 to current 7.5%. The first quarter witnessed a string of encouraging economic reports. But the second quarter's data has been far from encouraging. Employment numbers, housing market and retail sales data have improved but factory and manufacturing numbers have fallen back. Commenting on the possibility of increasing or decreasing bond purchases, Bernanke said, ""If we see continued improvement and we have confidence that that's going to be sustained then we could in the next few meetings ... take a step down in our pace of purchases."" Minutes of the Fed's April 30-May 1 meeting released Wednesday show ""a number"" of members expressed a willingness to scale back the $85 billion a month in Treasury and mortgage bonds the Fed has been purchasing, perhaps as soon as June, if the economy accelerates. On the domestic front, according to the National Association of Realtors, total existing home sales inched up 0.6% from March's figure of 4.94 million to 4.97 million. However, this figure is below the consensus estimate of 4.99 million. The figure fell short of the consensus owing to tight credit and limited inventory. On a year over year basis, resale activity increased 9.7%, above April 2012's figure of 4.53 million. Meanwhile, China's flash HSBC Purchasing Managers' Index for May came is below 50.0 for the first time in seven months. The index came in at 49.6, below previous month's level of 50.4.The decrease in the PMI index is attributable to low new order numbers. The new order index for the month also fell below the 50.0 level to 49.5. The second quarter has witnessed a string of weak economic numbers from China, igniting fears about growth in the world's second largest economy. Besides a couple of reports, all major economic numbers have fallen. Among the top ten S&P 500 industry groups, utilities stocks have suffered the most. The Utilities SPDR (XLU) slipped 1.7%. Stocks such as Duke Energy Corp. (NYSE: DUK ), the Southern Company (NYSE: SO ), Dominion Resources, Inc. (NYSE: D ), NextEra Energy, Inc. (NYSE: NEE ) and Exelon Corporation (NYSE: EXC ) lost 1.7%, 1.5%, 2.4%, 1.7% and 1.2%, respectively. DOMINION RES VA (D): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report SOUTHN COMPANY (SO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-05-24,17.6043,17.6708,17.5242,17.6502,
EXC,2013-05-28,16.3644,16.682,16.2648,16.3214,"[""Mid-Day Market Update: CapLease Gains On Acquisition News, Exelon Tumbles Midway through trading Tuesday, the Dow traded up 1.13 percent to 15,476.02, while the NASDAQ rose 1.30 percent to 3,504.18. The S&P was also up, rising 1.07 percent to 1,667.27. Top Headline Tiffany & Co (NYSE: TIF ) reported a rise in its first-quarter profit. Tiffany's quarterly profit surged to $83.58 million, or $0.65 per share, versus $81.53 million, or $0.64 per share, in the year-ago period. Its adjusted earnings came in at $0.70 per share. Its revenue increased to $895.48 million from $819.17 million. However, analysts were estimating earnings of $0.53 per share on revenue of $855 million. Tiffany maintained its full-year earnings forecast of $3.43 to $3.53 per share. Equities Trading UP Valeant Pharmaceuticals International (NYSE: VRX ) shot up, gaining 7.64 percent to $90.93, after the company announced its plans to buy Bausch + Lomb for $8.7 billion. MAKO Surgical (NASDAQ: MAKO ) was also up 10.49 percent to $12.40, after Wells Fargo upgraded the stock from \""market perform\"" to \""outperform.\"" CapLease (NYSE: LSE ) got a boost, shooting up 20.14 percent to $8.53 after American Realty Capital Properties (NASDAQ: ARCP ) announced its plans to acquire CapLease for $2.2 billion. Equities Trading DOWN Exelon (NYSE: EXC ) was down, falling 7.24 percent to $32.14, after Deutsche Bank downgraded the stock from \""buy\"" to \""hold.\"" Dole Food Company (NYSE: DOLE ) shares tumbled 6.19 percent to $10.38 after the company announced update of owned vessel fleet. FirstEnergy (NYSE: FE ) was down 6.64 percent to $39.78 after Credit Suisse downgraded the stock from \""outperform\"" to \""neutral.\"" Commodities In commodity news, oil traded up 1.42 percent to $95.59, while gold dropped 0.13 percent to $1,390.00. Silver traded down 0.55 percent Tuesday to $22.39, while copper rose 0.33 percent to $3.32. Eurozone European shares were higher for the second consecutive day as U.K. markets reopened Tuesday following a bank holiday on Monday. The Spanish Ibex Index rose 1.84 percent and the Italian FTSE MIB Index gained 2.02 percent. Meanwhile, the German DAX rose 1.29 percent and the French CAC 40 climbed 1.39 percent while U.K. shares surged 1.81 percent. Economics The S&P/Case-Shiller home-price index surged 1.4% in March. The consumer confidence index surged to 76.2 in May, versus a revised reading of 69.0 in April, according to the Conference Board. However, economists were expecting the index to increase to 72.3 in May. The Richmond Fed Manufacturing Index rose to -2.00 in May, versus a prior reading of -6.00. However, economists were expecting a reading of -4.00 in May. The Dallas Fed general business activity index rose to -10.5 in May, versus a reading of -15.6 in April. The Treasury is set to auction 2-year notes. (c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Gain access to more investing ideas, tools & education. Get Started on Marketfy, the first ever curated & verified Marketplace for everything trading. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Integrys Energy Group (TEG) Ex-Dividend Date Scheduled for May 29, 2013 Integrys Energy Group ( TEG ) will begin trading ex-dividend on May 29, 2013. A cash dividend payment of $0.68 per share is scheduled to be paid on June 20, 2013. Shareholders who purchased TEG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 18th quarter that TEG has paid the same dividend. At the current stock price of $59.21, the dividend yield is 4.59%. The previous trading day's last sale of TEG was $59.21, representing a -5.64% decrease from the 52 week high of $62.75 and a 15.78% increase over the 52 week low of $51.14. TEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). TEG's current earnings per share, an indicator of a company's profitability, is $4.68. Zacks Investment Research reports TEG's forecasted earnings growth in 2013 as 4.91%, compared to an industry average of 4.7%. For more information on the declaration, record and payment dates, visit the TEG Dividend History page. Interested in gaining exposure to TEG through an Exchange Traded Fund [ETF]? The following ETF(s) have TEG as a top-10 holding: Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ) PowerShares S&P 500 High Dividend Portfolio ( SPHD ) iShares Dow Jones Select Dividend Index Fund ( DVY ) Guggenheim Defensive Equity ETF ( DEF ). The top-performing ETF of this group is SPHD with an increase of 16.2% over the last 100 days. RYU has the highest percent weighting of TEG at 2.65%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Benzinga Market Primer: Tuesday, May 28 Futures Surge as Global Shares Rebound U.S. equity futures rose sharply in early pre-market trade on relaxed fears of Federal Reserve tapering of easing, fears which drove markets lower last week. Eyes will be on key retail earnings and economic data in Tuesday's session for further direction as well as comments from the Europe-Next Steps conference in Paris. Top News In other news around the markets: AstraZeneca (NYSE: AZN ) announced its intention to acquire Omthera Pharmaceuticals (NASDAQ: OMTH ) for $12.70 per share, a premium of 88 percent over Friday's closing price. Japanese Prime Minister Shinzo Abe's top economic adviser Koichi Hamada spoke overnight, saying that Bank of Japan Governor Kuroda should ease further if he deems necessary and not let policy be forced by market pressures. Recently, fears have grown over the rise in bond yields associated with Japan's easing but these comments seem to be quelling some fears. Christian Noyer, Banque de France chief and ECB Board Member spoke overnight, saying that no major central bank has ever lowered deposit rates below zero into negative territory and mentioned that such policies had mixed results in smaller countries. The comments come as some economists still expect the ECB to ease policy further and potentially cut deposit rates into negative territory. S&P 500 futures rose 11.1 points to 1,661.70. The EUR/USD was lower at 1.2920. Spanish 10-year government bond yields rose 1 basis point to 4.34 percent. Italian 10-year government bond yields rose 1 basis point to 4.06 percent. Gold fell $7.70 or 0.56 percent to $1,378.90 per ounce. Asian Markets Asian shares were stronger overnight on relaxed fears over Japan's massive easing efforts as well as reduced fears over China's economy following weaker than expected data last week. The Japanese Nikkei Index rose 1.2 percent and the Shanghai Composite Index rose 1.24 percent while the Hang Seng Index gained 1.05 percent. Also, the Korean Kospi gained 0.32 percent and Australian shares added 0.22 percent. European Markets European shares were higher for the second consecutive day as U.K. markets reopened Tuesday following a bank holiday on Monday. The Spanish Ibex Index rose 1.32 percent and the Italian FTSE MIB Index gained 1.56 percent. Meanwhile, the German DAX rose 1.1 percent and the French CAC 40 gained 1.26 percent while U.K. shares rallied 1.66 percent. Commodities Commodities were mixed overnight as energy futures rallied while metal futures were mostly lower as the Dollar continued its trend of strengthening. WTI Crude futures rose 0.5 percent to $94.62 per barrel and Brent Crude futures gained 0.89 percent to $103.53 per barrel. Copper futures added 0.44 percent to $331.00 per pound. Gold was lower and silver futures declined 1.07 percent to $22.26. Currencies Currency markets continued to show dollar strength overnight as the greenback rose against most major trading partners while the yen resumed its decline. The EUR/USD was lower at 1.2920 and the dollar gained against the yen to 101.99, a gain of 1.02 percent. Overall, the Dollar Index gained 0.2 percent on strength against the yen, the euro, the Swiss franc, and the Canadian dollar. Notably, the Australian dollar was higher across the board despite Goldman Sachs making negative comments on the currency. Earnings Reported Yesterday Key companies that reported earnings Friday include: Abercrombie & Fitch (NYSE: ANF ) reported a first quarter loss of $0.09 per share vs. an expected loss of $0.05 per share on revenue of $838.8 million vs. $942.86 million expected. Foot Locker (NYSE: FL ) reported first quarter EPS of $0.91 vs. $0.87 expected on revenue of $1.64 billion vs. $1.63 billion expected. Pre-Market Movers Stocks moving in the pre-market included: AstraZeneca (NYSE: AZN ) shares gained 2.61 percent on the acquisition announcement. Citigroup (NYSE: C ) shares rose 1.56 percent in the pre-market as financials rose as a sector. Exelon Corp. (NYSE: EXC ) shares declined 1.3 percent, leading utilities lower as reports showed that power rates are declining and also on apparent sector rotation into cyclicals such as financials. Ford (NYSE: F ) shares rose 1.35 percent pre-market after Barron's made positive comments on the stock this weekend, saying that earnings will grow as Europe recovers. Earnings Notable companies expected to report earnings Tuesday include: Canadian Solar (NASDAQ: CSIQ ) is expected to report a first quarter loss of $0.78 per share vs. a loss of $0.49 per share a year ago. Guidewire Software (NYSE: GWRE ) is expected to report first quarter EPS of $0.03 vs. $0.10 a year ago. Tiffany (NYSE: TIF ) is expected to report first quarter EPS of $0.52 vs. $0.64 a year ago. Economics On the economics calendar Tuesday, the S&P Case-Shiller Index kicks off the calendar followed by Consumer Confidence data, the Richmond Fed Manufacturing Index, and the Dallas Fed Manufacturing Index. Also, the Treasury is set to auction 3- and 6-month bills and 2-year notes. Overnight, Bank of Japan Governor Kuroda is expected to speak, German unemployment data, German CPI, and Brazilian GDP are expected. Good luck and good trading. Click here to preview Benzinga's earnings and economic outlook for this week. (c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Gain access to more investing ideas, tools & education. Get Started on Marketfy, the first ever curated & verified Marketplace for everything trading. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Utilities ETFs Slump on Downgrades - ETF News And Commentary As the market continues to surge, investors are beginning to look away from low risk sectors, and towards higher beta plays. This has pushed many out of stocks and ETFs in the consumer staples, health care, and utilities segments as of late, and into ones like technology and consumer discretionary instead (see Buy These ETFs to Profit from Sector Rotation ). This trend has been especially pronounced in the utilities ETF segment recently, as the space was beating out the S&P 500 on a year-to-date basis. However, recent trading has pushed utility benchmarks below the S&P 500 when looking at 2013 so far, suggesting that the beginning of a downtrend may be at hand in this corner of the market. This could be especially true considering some recent downgrades which have reverberated across the utility ETF sector. Downgrades in Focus To start the Memorial-Day shortened week, the utilities sector experienced twin downgrades for two important companies in the sector. Deutsche Bank pushed Exelon ( EXC ) to a hold from a buy, while Credit Suisse decreased their rank for FirstEnergy ( FE ) to neutral from outperform . These downgrades both came on worries over revenues in the near future for these companies, and some concerns about an oversupplied market which could keep a lid on prices. As a result, both EXC and FE experienced heavy volume in Tuesday trading, with FE falling about 6.6% on the day and EXC tumbling by about 7.7%. Utility ETF Impact As you might expect, this bearish news had a poor impact on many utility ETFs. However, thanks to the relatively spread out nature of the products, no funds were down more than 2%, suggesting that the pain wasn't as bad when taking a fund look (see Two Sector ETFs to Buy in 2013 ). Still, the trend isn't great for utility ETFs especially considering the bearish outlook that some top names have for the space. Given this, investors may want to pay special attention to the following ETFs, as they have among the biggest holdings in EXC and FE in the utilities ETF sector: Select Sector SPDR- Utilities ETF ( XLU ) This is easily the most popular utilities ETF on the market, with more than $5.8 billion in assets, and average daily volume of about 8.5 million shares. The product is also a low cost choice in the space, charging investors 18 basis points a year in fees. The ETF was down about 1.2% in Tuesday trading, on volume that was roughly 2.5 times normal. The ETF devotes about 6.1% to EXC and 3.6% to FE, while holding about 30 other companies in its basket. Vanguard Utilities ETF ( VPU ) Another popular option in the utilities space is VPU, a fund that has about $1.5 billion in assets under management, and volume of about 100,000 shares a day. While it may not be as popular as its SPDR counterpart, the fund is cheaper, charging investors just 14 basis points a year in fees (also read Can You Beat These High Dividend ETFs? ). VPU declined about 0.95% following the downgrades, on volume that was a little over three times normal. In terms of exposure, the Vanguard fund holds about 80 firms in total, and puts 4.9% in EXC and 3% in FE. iShares Dow Jones Utilities ETF ( IDU ) iShares' entrant in the Utilities ETF market is IDU, a fund that also has a billion under management, and volume around the 130,000 share level. The product is a bit more expensive than its counterparts too, charging 46 basis points a year in fees. IDU was also the only one of the three to see volume that was less than average, as just 91,000 shares moved hands on the day. However, it did have a decent performance compared to the others, losing 0.9% on the day. In terms of holdings, much like in VPU, EXC accounted for 4.9% of assets while FE made up just under 3%. Nuclear power also in focus Additionally, investors should note that the nuclear power ETFs are also in focus thanks to this bearish report. That is because both EXC and FE have sizable allocations to nuclear power, suggesting that these funds can also be in for a rough ride thanks to the bearish news (read Uranium ETF Meltdown: Can Nuclear Power Bounce Back? ). Products in this category include the Market Vectors Uranium & Nuclear Energy ETF ( NLR ) and the S&P Global Nuclear Energy Index Fund ( NUCL ) , both of which have sizable exposure to the aforementioned utility firms. In fact, EXC makes up about 7.7% of NLR while the two combine to account for about 9% in NUCL, so their weakened outlooks could trickle into this space as well. Bottom Line It could be a rough stretch for utility ETFs in the near term, as more investors look to cycle into high beta sectors. Beyond that though, there are some headwinds building in the segment, so investors should definitely watch out in the summer months ahead, and consider looking outside the utility ETF sector at least in the short term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Author is long EXC. EXELON CORP (EXC): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report ISHARS-DJ UTIL (IDU): ETF Research Reports MKT VEC-NUCLEAR (NLR): ETF Research Reports ISHARS-SP GL NE (NUCL): ETF Research Reports VIPERS-UTIL (VPU): ETF Research Reports SPDR-UTIL SELS (XLU): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Tuesday\u2019s movers: Netflix slumps more than 6% Netflix, a market darling in the wake of its 131% year-to-date gain, stumbles on Tuesday as the much-anticipated resurrection of \u201cArrested Development\u201d is met with mixed reviews."", ""U.S. stocks rise; optimism \u2018as high as a kite\u2019 Conference Board says Americans more optimistic about economy U.S. stocks rise sharply after data show consumer confidence rising in May and the real-estate market picking up speed."", ""Utility stocks drop as bond yields rise The sector had a good run up to late April as investors searched for yield, but now that Treasury yields have spiked, demand for \u201cbond-like\u201d equities has plummeted.""]"
EXC,2013-05-29,16.1808,16.3918,15.999,16.1202,
EXC,2013-05-30,16.2276,16.4866,16.0294,16.0449,"NV Energy, Inc (NVE) Ex-Dividend Date Scheduled for May 31, 2013 NV Energy, Inc ( NVE ) will begin trading ex-dividend on May 31, 2013. A cash dividend payment of $0.19 per share is scheduled to be paid on June 19, 2013. Shareholders who purchased NVE stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.76% increase over the same period a year ago. At the current stock price of $19.28, the dividend yield is 3.94%. The previous trading day's last sale of NVE was $19.28, representing a -10.86% decrease from the 52 week high of $21.63 and a 14.08% increase over the 52 week low of $16.90. NVE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NVE's current earnings per share, an indicator of a company's profitability, is $1.39. Zacks Investment Research reports NVE's forecasted earnings growth in 2013 as -4.2%, compared to an industry average of 4.1%. For more information on the declaration, record and payment dates, visit the NVE Dividend History page. Interested in gaining exposure to NVE through an Exchange Traded Fund [ETF]? The following ETF(s) have NVE as a top-10 holding: First Trust Utilities AlphaDEX Fund ( FXU ) iShares S&P MidCap 400/Barra Value Index Fund ( IJJ ) SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value ( MDYV ). The top-performing ETF of this group is MDYV with an increase of 10.82% over the last 100 days. FXU has the highest percent weighting of NVE at 3.83%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-05-31,16.0772,16.2756,15.9658,15.9658,"Exelon Corporation Stays Neutral - Analyst Blog We have maintained our Neutral recommendation on Exelon Corporation ( EXC ). The company currently has a Zacks Rank #3 (Hold). Why the Reiteration? The reiteration is primarily based on the company's highly regulated operations, pending rate cases and commodity price risks. However, we consider Exelon's strong financial position, solid utility operations, and initiatives taken to increase production through renewable sources to be the catalysts for future growth. In first-quarter 2013, Exelon's earnings per share and revenues surpassed the Zacks Consensus Estimates due to positive impacts from the merger with Constellation Energy, strong performances from PECO Energy and Baltimore Gas and Electric segments, and favorable weather conditions. As of Mar 31, 2013, Exelon's cash and cash equivalents were $0.7 billion and cash provided by operating activities during first three months of 2013 was $0.9 billion. Stable financial position enables the company to upgrade existing set ups and add new assets through organic as well as inorganic route. The completion of the merger with Constellation has already benefited Exelon's results. We believe this merger will subsequently boost the company's position in terms of load and customer base. Exelon expects to garner $550 million from merger-related operations and maintenance synergies in 2015. Recently, Exelon completed a number of organic ventures like a 69-megawatt of solar installation under its Antelope Valley Solar Ranch project, and four wind construction projects including Harvest II, Beebe, Whitetail and High Mesa. We believe these projects will allow the company to diversify and expand its generation portfolio. Other Stocks to Consider Other stocks from the industry that are presently performing better include Companhia Paranaense de Energia ( ELP ) and CPFL Energia S.A. ( CPL ) with a Zacks Rank #1 (Strong Buy), and ALLETE, Inc. ( ALE ) with a Zacks Rank #2 (Buy). ALLETE INC (ALE): Free Stock Analysis Report CPFL ENERGI-ADR (CPL): Get Free Report COPEL-ADR PR B (ELP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-06-03,15.9845,16.304,15.9208,16.1026,
EXC,2013-06-04,16.0557,16.126,15.9424,16.0919,"[""Public Service Enterprise Group Incorporated (PEG) Ex-Dividend Date Scheduled for June 05, 2013 Public Service Enterprise Group Incorporated ( PEG ) will begin trading ex-dividend on June 05, 2013. A cash dividend payment of $0.36 per share is scheduled to be paid on June 28, 2013. Shareholders who purchased PEG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.41% increase over the same period a year ago. At the current stock price of $33.09, the dividend yield is 4.35%. The previous trading day's last sale of PEG was $33.09, representing a -10.57% decrease from the 52 week high of $37 and a 13.91% increase over the 52 week low of $29.05. PEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PEG's current earnings per share, an indicator of a company's profitability, is $2.17. Zacks Investment Research reports PEG's forecasted earnings growth in 2013 as -1.6%, compared to an industry average of 4.9%. For more information on the declaration, record and payment dates, visit the PEG Dividend History page. Interested in gaining exposure to PEG through an Exchange Traded Fund [ETF]? The following ETF(s) have PEG as a top-10 holding: Ml Utilities Hldr1240 (UTHYL) First Trust Utilities AlphaDEX Fund ( FXU ) PowerShares S&P 500 High Dividend Portfolio ( SPHD ) WisdomTree Dividend Ex-Financials Fund ( DTN ). The top-performing ETF of this group is FXU with an increase of 12.85% over the last 100 days. UTHYL has the highest percent weighting of PEG at 6.05%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Westar Energy, Inc. (WR) Ex-Dividend Date Scheduled for June 05, 2013 Westar Energy, Inc. ( WR ) will begin trading ex-dividend on June 05, 2013. A cash dividend payment of $0.34 per share is scheduled to be paid on July 01, 2013. Shareholders who purchased WR stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.03% increase over the same period a year ago. At the current stock price of $31.67, the dividend yield is 4.29%. The previous trading day's last sale of WR was $31.67, representing a -9.41% decrease from the 52 week high of $34.96 and a 15.88% increase over the 52 week low of $27.33. WR is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WR's current earnings per share, an indicator of a company's profitability, is $2.34. Zacks Investment Research reports WR's forecasted earnings growth in 2013 as -1.65%, compared to an industry average of 4.9%. For more information on the declaration, record and payment dates, visit the WR Dividend History page. Interested in gaining exposure to WR through an Exchange Traded Fund [ETF]? The following ETF(s) have WR as a top-10 holding: Vanguard Small-Cap Value ETF ( VBR ). The top-performing ETF of this group is VBR with an increase of 13.47% over the last 100 days. It also has the highest percent weighting of WR at 0.44%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-06-05,16.0157,16.1065,15.8798,15.999,"[""Scana Corporation (SCG) Ex-Dividend Date Scheduled for June 06, 2013 Scana Corporation ( SCG ) will begin trading ex-dividend on June 06, 2013. A cash dividend payment of $0.5075 per share is scheduled to be paid on July 01, 2013. Shareholders who purchased SCG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.53% increase over the same period a year ago. At the current stock price of $50.32, the dividend yield is 4.03%. The previous trading day's last sale of SCG was $50.32, representing a -7.52% decrease from the 52 week high of $54.41 and a 12.52% increase over the 52 week low of $44.72. SCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). SCG's current earnings per share, an indicator of a company's profitability, is $3.34. Zacks Investment Research reports SCG's forecasted earnings growth in 2013 as 6.15%, compared to an industry average of 4.9%. For more information on the declaration, record and payment dates, visit the SCG Dividend History page. Interested in gaining exposure to SCG through an Exchange Traded Fund [ETF]? The following ETF(s) have SCG as a top-10 holding: Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ) PowerShares High Yield Equity Dividend Achievers Portfolio ( PEY ) PowerShares S&P 500 Low Volatility Portfolio ETF ( SPLV ) WisdomTree MidCap Dividend Fund ( DON ). The top-performing ETF of this group is DON with an increase of 10.87% over the last 100 days. RYU has the highest percent weighting of SCG at 2.62%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""PEPCO Holdings, Inc. (POM) Ex-Dividend Date Scheduled for June 06, 2013 PEPCO Holdings, Inc. ( POM ) will begin trading ex-dividend on June 06, 2013. A cash dividend payment of $0.27 per share is scheduled to be paid on June 28, 2013. Shareholders who purchased POM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 22nd quarter that POM has paid the same dividend. At the current stock price of $20.74, the dividend yield is 5.21%. The previous trading day's last sale of POM was $20.74, representing a -8.71% decrease from the 52 week high of $22.72 and a 11.09% increase over the 52 week low of $18.67. POM is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). POM's current earnings per share, an indicator of a company's profitability, is -$.88. Zacks Investment Research reports POM's forecasted earnings growth in 2013 as -6.12%, compared to an industry average of 4.9%. For more information on the declaration, record and payment dates, visit the POM Dividend History page. Interested in gaining exposure to POM through an Exchange Traded Fund [ETF]? The following ETF(s) have POM as a top-10 holding: First Trust Utilities AlphaDEX Fund ( FXU ) PowerShares S&P 500 High Dividend Portfolio ( SPHD ) PowerShares S&P 500 Low Volatility Portfolio ETF ( SPLV ) WisdomTree MidCap Dividend Fund ( DON ). The top-performing ETF of this group is DON with an increase of 10.87% over the last 100 days. FXU has the highest percent weighting of POM at 3.28%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-06-06,15.9638,16.0919,15.9208,16.0449,
EXC,2013-06-07,16.0557,16.1525,15.8163,15.9736,
EXC,2013-06-10,16.0743,16.0743,15.8661,15.9892,
EXC,2013-06-11,15.8847,16.1378,15.8476,15.8907,
EXC,2013-06-12,15.9521,16.0255,15.4734,15.4841,
EXC,2013-06-13,15.5252,15.6424,15.3434,15.6424,"Exelon Offers $300M Notes - Analyst Blog Exelon Corporation 's ( EXC ) subsidiary Baltimore Gas and Electric Company has priced its 3.35% notes worth $300 million. The 10-year notes will mature on Jul 1, 2023. This note offering will close on Jun 17, 2013. Exelon intends to utilize the net proceeds of the issue to repay a part of its 6.125% notes valued $400 million due on Jul 1, 2013 and use the rest for general corporate purposes. It is a common practice among the companies to exercise new issuances to redeem their old debts while minimizing interest costs and extending repayment tenure. Exelon and its subsidiaries issue notes from time to time and accumulate funds for repaying its existing debts and for the expansion projects. The company's subsidiaries Baltimore Gas and Electric Company and Exelon Generation Company issued notes in Aug and Jun 2012. The net proceeds from these issues are used for general corporate purposes and to finance its debt obligations. We appreciate Exelon's continuous effort toward minimization of the debt burden. The company's long-term debt as of Mar 31, 2013 was $16.2 billion, down from $17.2 billion at the end of Dec 31, 2012. Exelon had a cash balance of $679 million as of Dec 31, 2013, while cash provided by operating activities during first three months of 2013 was $859 million. The financial strength will allow the company to pay annual interest of $10 million, which will arise from the current notes issue. Exelon currently has a Zacks Rank #3 (Hold). The other stocks in the industry that are worth considering include CPFL Energia S.A. ( CPL ) and Companhia Paranaense de Energia ( ELP ) with a Zacks Rank #1 (Strong Buy), and ALLETE, Inc. ( ALE ) with a Zacks Rank #2 (Buy). ALLETE INC (ALE): Free Stock Analysis Report CPFL ENERGI-ADR (CPL): Get Free Report COPEL-ADR PR B (ELP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-06-14,15.6473,15.7909,15.5916,15.6014,"Duke Energy Retains Neutral Tag - Analyst Blog On Jun 10, 2013, we maintained our long-term Neutral recommendation on Duke Energy Corp. ( DUK ) based on its diversified portfolio and ongoing expansion projects. However, unfavorable macro backdrop and predominantly fossil fuel based generation assets partially offset the positives. The company currently has a Zacks Rank # 3 (Hold). Why the Reiteration? Charlotte, North Carolina based Duke Energy is a diversified energy company with a portfolio of domestic and international, natural gas and electric, regulated and unregulated businesses which supply, deliver and process energy for customers in North America and selected international markets. The company's stable electricity and gas operations will enable it to generate a relatively steady and growing earnings stream in the future. The company remains focused on core utility operations to build its rate base through capital expenditure investments. Of late, the company has been investing in new plants, retiring older plants as well as working on modernization of plants to reduce emissions across its service area. Since 2007, the company has invested approximately $6 billion in new plants and has retired up to 6,800 megawatt (MW) of older coal capacity. All the more, it has invested another $7.5 billion for plant upgrades. Moreover, Duke Energy is also making investments to acquire assets that promise profitability. Its recently concluded acquisition of fellow North Carolina based utility, Progress Energy Inc. spread the new entity's stable U.S. electricity and gas operations over 7.1 million electric customers in Carolinas, Florida, Indiana, Kentucky and Ohio.Post merger, Duke Energy dethroned Chicago-based Exelon Corporation ( EXC ) to become the the largest U.S. utility. It also helped Duke Energy to build more power plants to meet future greenhouse-gas emissions limits. We expect the merger to be a strategic fit and keep the company's long-term goal of 4-6% earnings growth in good stead. In Mar 2013, a Duke Energy and American Transmission Co. joint venture, Duke-American Transmission Co. (""DATC""), entered into a purchase sale agreement with Atlantic Power Corporation ( AT ). Per the agreement, DATC will acquire Atlantic Power's 72% interest in the Path 15 transmission line. Pacific Gas & Electric, a subsidiary of PG&E Corp. ( PCG ), has an 18% interest in the project through its ownership and operation of the connecting Los Banos and Gates substations. The remaining 10% interest is owned by Western Area Power Administration, which will continue to operate and maintain the line. With a capacity of approximately 1,500 MW of power, the line is fully integrated into the California Independent System Operator grid. Moreover, it plays an important role in maintaining regional electric system reliability and market efficiency. Looking at the earnings surprise history, the company has steadily beaten the Zacks Consensus Estimate in the past three out of four quarters. The average positive surprise in the trailing four quarters comes to 3.6%. However, valuation continues to be restrained by the present unfavorable macro backdrop, fossil-fuel based generation assets, tepid demand for electricity, foreign currency exchange volatility, and pending regulatory cases. Thus we believe the stock will perform in-line with the broader market indices. ATLANTIC PWR CP (AT): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-06-17,15.6747,15.7539,15.5819,15.6531,"Xcel Energy Inc. (XEL) Ex-Dividend Date Scheduled for June 18, 2013 Xcel Energy Inc. ( XEL ) will begin trading ex-dividend on June 18, 2013. A cash dividend payment of $0.28 per share is scheduled to be paid on July 20, 2013. Shareholders who purchased XEL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.7% increase over the prior quarter. At the current stock price of $29.42, the dividend yield is 3.81%. The previous trading day's last sale of XEL was $29.42, representing a -7.46% decrease from the 52 week high of $31.79 and a 13.85% increase over the 52 week low of $25.84. XEL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). XEL's current earnings per share, an indicator of a company's profitability, is $1.96. Zacks Investment Research reports XEL's forecasted earnings growth in 2013 as 4.47%, compared to an industry average of 3.8%. For more information on the declaration, record and payment dates, visit the XEL Dividend History page. Interested in gaining exposure to XEL through an Exchange Traded Fund [ETF]? The following ETF(s) have XEL as a top-10 holding: N/A (LVOL) PowerShares S&P 500 Low Volatility Portfolio ETF ( SPLV ) First Trust Value Line Dividend Index Fund ( FVD ). The top-performing ETF of this group is FVD with an increase of 9.63% over the last 100 days. LVOL has the highest percent weighting of XEL at 2.06%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-06-18,15.659,15.8661,15.6268,15.8661,
EXC,2013-06-19,15.8242,15.9248,15.6219,15.6268,
EXC,2013-06-20,15.5252,15.5916,15.1979,15.2301,
EXC,2013-06-21,15.3434,15.5769,15.2457,15.4343,
EXC,2013-06-24,15.279,15.7646,15.1979,15.5955,
EXC,2013-06-25,15.6776,15.9424,15.4392,15.83,
EXC,2013-06-26,15.9081,16.0449,15.8633,15.9688,"[""Pacific Gas & Electric Co. (PCG) Ex-Dividend Date Scheduled for June 27, 2013 Pacific Gas & Electric Co. ( PCG ) will begin trading ex-dividend on June 27, 2013. A cash dividend payment of $0.455 per share is scheduled to be paid on July 15, 2013. Shareholders who purchased PCG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that PCG has paid the same dividend. At the current stock price of $44.73, the dividend yield is 4.07%. The previous trading day's last sale of PCG was $44.73, representing a -7.77% decrease from the 52 week high of $48.50 and a 13.54% increase over the 52 week low of $39.40. PCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PCG's current earnings per share, an indicator of a company's profitability, is $1.91. Zacks Investment Research reports PCG's forecasted earnings growth in 2013 as -18.27%, compared to an industry average of 5.6%. For more information on the declaration, record and payment dates, visit the PCG Dividend History page. Interested in gaining exposure to PCG through an Exchange Traded Fund [ETF]? The following ETF(s) have PCG as a top-10 holding: Ml Utilities Hldr1240 (UTHYL) Select Sector SPDR Fund - Utilities ( XLU ) iShares Dow Jones U.S. Utilities Index Fund ( IDU ) Vanguard Utilities ETF ( VPU ) First Trust Utilities AlphaDEX Fund ( FXU ). The top-performing ETF of this group is IDU with an increase of 3.24% over the last 100 days. UTHYL has the highest percent weighting of PCG at 6.59%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Duke Energy Lifts Payout - Analyst Blog Duke Energy Corp. ( DUK ), a Charlotte, NC-based diversified energy company, announced a 1.5 cents or 2% year-over-year hike in its annual dividend payout to $3.12 per share. The quarterly cash dividend of 78 cents is payable on Sep 16 to shareholders of record as of Aug 16. This is the 87th consecutive annual dividend payment and also marks the 6th successive year in which the company has lifted the dividend. Based on the closing price of $66.12 on Jun 25, 2013, the proposed dividend affirms a healthy yield of 4.7%. A steady dividend payout is part of the long-term strategy of Duke Energy to provide attractive risk-adjusted returns to its stockholders compared with its peers. In addition, decent dividend increases at periodic intervals from the company have been one of its strengths. Duke Energy's U.S. electricity and gas operations (spread over the Carolinas, Florida, Indiana, Kentucky and Ohio) generate a relatively stable and growing earnings stream. The company remains focused on core utility operations to build its rate base through capital expenditure investments. Of late, the company has been investing in new plants, retiring older plants as well as working on modernization of plants to reduce emissions across its service area. Since 2007, the company has invested approximately $6 billion in new plants and has retired up to 6,800 megawatt (MW) of older coal capacity. All the more, it has invested another $7.5 billion for plant upgrades. Again, the company is also making investments to acquire assets that promise profitability. Its acquisition of fellow North Carolina based utility, Progress Energy Inc. spread the new entity's stable U.S. electricity and gas operations over 7.1 million electric customers in Carolinas, Florida, Indiana, Kentucky and Ohio. Post-merger, Duke Energy dethroned Chicago-based Exelon Corporation ( EXC ) to become the largest U.S. utility. It also helped Duke Energy to build more power plants to meet future greenhouse-gas emissions limits. We expect the merger to be a strategic fit and keep the company's long-term goal of 4-6% earnings growth in good stead. Looking at the earnings surprise history, the company has beaten the Zacks Consensus Estimate in the past three out of four quarters. The average positive earnings surprise in the trailing four quarters comes to 3.6%. The company currently has a Zacks Rank #3 (Hold). Other companies that are well placed in the sector are Companhia Paranaense de Energia ( ELP ) and CPFL Energia S.A. ( CPL ), both with a Zacks Rank #1 (Strong Buy). CPFL ENERGI-ADR (CPL): Get Free Report DUKE ENERGY CP (DUK): Free Stock Analysis Report COPEL-ADR PR B (ELP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-06-27,15.9892,16.0391,15.7909,15.8369,
EXC,2013-06-28,15.8369,15.9208,15.7079,15.7304,
EXC,2013-07-01,15.7646,15.8046,15.3776,15.4441,
EXC,2013-07-02,15.4177,15.5955,15.3571,15.3943,"Stock Market News for July 2, 2013 - Market News Encouraging reports on the home front from manufacturing and construction sectors guided the benchmarks to a finish in the green on Monday. Markets opened higher on the first trading day of the third quarter after declining on Friday. Meanwhile, factory activity in China, the world's second largest economy, declined in June. The industrial sector was the biggest gainer among the S&P 500 industry groups. Utilities stocks were the only losers. For a look at the issues facing today's markets, read our Ahead of Wall Street for July 2 article. The Dow Jones Industrial Average (DJI) gained 0.4% to close the day at 14,974.96. The S&P 500 added 0.5% to finish yesterday's trading session at 1,614.96. The tech-laden Nasdaq Composite Index rose 0.9% to end at 3,434.49. The fear-gauge CBOE Volatility Index (VIX) declined 2.9% to settle at 16.37. Consolidated volumes on the New York Stock Exchange, American Stock Exchange and Nasdaq were roughly 6.0 billion shares, lower than 2013's average of 6.4 billion shares. Advancing stocks outnumbered the decliners. For the 70% that advanced, only 27% declined. Major indices chalked up gains on the first trading session of the third quarter. The S&P 500 gained nearly 1.3% in the early hours of trading. But the index lost more than half of its early gains after investors booked profits. Markets have enjoyed a decent rally in the first half of 2013 and the S&P 500 surged 12.6% during that period. The rally in the stock markets this year was primarily driven by the Federal Reserve's bond buying program. According to the Institute of Supply Management, U.S. manufacturing activity expanded in the month of June. The manufacturing index climbed to 50.9 in June from the previous month's figure of 49. This is marginally higher than the consensus estimate of 50.5. Expansion in the manufacturing sector was boosted by an increase in new orders, exports and production. The New Orders Index moved up to 51.9 from the May's figure of 48.8 whereas the Production Index jumped to 53.4 from 48.6. On the other hand, employment in the manufacturing sector declined to its lowest level in nearly four years. This indicates that the upcoming jobs report due on Friday might show reduced employed figures for factories for the fourth consecutive month. Meanwhile, the U.S. Census Bureau of the Department of Commerce reported that construction spending increased for the month of May. According to the report, construction spending increased to $874.9 billion from April's revised figure of $870.3 billion. Private construction came in at $605.4 billion from $605.7 billion recorded in April. Public construction gained 1.8% in May to touch $269.5 billion from the revised April figure of $264.7 billion. On the international front, growth concerns for China resurfaced after it released discouraging reports on the manufacturing sector. Both official and the private sector PMI measures for June showed that manufacturing activity declined in China. The official PMI declined to 50.1 in June from May's figure of 50.8. The HSBC/Markit, PMI fell to 48.2 for the month of June from May's final figure of 49.2. The HSBC/Markit PMI has touched its lowest level in nearly one year. The industrial sector was the biggest gainer among the S&P 500 industry groups. The Industrial Select Sector SPDR (XLI) gained 1.0%. Stocks such as United Parcel Service, Inc. (NYSE: UPS ), Union Pacific Corporation (NYSE: UNP ), Deere & Company (NYSE: DE ) United Technologies Corporation (NYSE: UTX ) and General Electric Company (NYSE: GE ) increased 0.7%, 0.7%, 0.1%, 1.9% and 0.7%, respectively. The utilities sector was the only loser among the S&P 500 industry groups and the Utilities SPDR (XLU) lost 1.3%. Stocks such as Public Service Enterprise Group Inc. (NYSE: PEG ), NRG Energy Inc (NYSE: NRG ), Exelon Corporation (NYSE: EXC ), Duke Energy Corp (NYSE: DUK ) and Wisconsin Energy Corporation (NYSE: WEC ) declined 2.5%, 1.7%, 1.8%, 1.0% and 1.7%, respectively. DEERE & CO (DE): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report UNION PAC CORP (UNP): Free Stock Analysis Report UTD PARCEL SRVC (UPS): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-07-03,15.3473,15.3776,15.2301,15.3239,
EXC,2013-07-05,15.279,15.3122,14.9947,15.148,
EXC,2013-07-08,15.1636,15.5095,15.1539,15.5095,
EXC,2013-07-09,15.5281,15.7402,15.5252,15.6923,
EXC,2013-07-10,15.6424,15.659,15.5252,15.5712,
EXC,2013-07-11,15.6923,15.8007,15.6473,15.7909,
EXC,2013-07-12,15.7909,15.83,15.6531,15.8095,
EXC,2013-07-15,15.7694,16.1202,15.7402,16.0694,
EXC,2013-07-16,16.0606,16.0801,15.9208,16.0294,
EXC,2013-07-17,16.1026,16.1202,15.9571,16.0088,
EXC,2013-07-18,16.1065,16.2794,16.0968,16.213,
EXC,2013-07-19,16.2189,16.3264,16.1573,16.3214,"After Hours Most Active for Jul 19, 2013 : QQQ, SNV, NEM, EXC, AFFX, DELL, ITMN, MSFT, STX, ORCL, EMR, M The NASDAQ 100 After Hours Indicator is up 1 to 3,045.93. The total After hours volume is currently 28,480,702 shares traded. The following are the most active stocks for the after hours session : PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.09 at $74.68, with 3,369,913 shares traded. This represents a 21.81% increase from its 52 Week Low. Synovus Financial Corp. ( SNV ) is unchanged at $3.24, with 2,439,192 shares traded., following a 52-week high recorded in today's regular session. Newmont Mining Corporation ( NEM ) is +0.1973 at $28.89, with 1,501,157 shares traded.NEM is scheduled to provide an earnings report on 7/25/2013, for the fiscal quarter ending Jun2013. The consensus earnings per share forecast is 0.41 per share, which represents a 59 percent increase over the EPS one Year Ago Exelon Corporation ( EXC ) is -0.03 at $32.01, with 1,275,588 shares traded. EXC's current last sale is 88.92% of the target price of $36. Affymetrix, Inc. ( AFFX ) is -0.035 at $4.09, with 1,266,941 shares traded. As reported in the last short interest update the days to cover for AFFX is 8.910614; this calculation is based on the average trading volume of the stock. Dell Inc. ( DELL ) is unchanged at $13.14, with 1,121,930 shares traded. DELL's current last sale is 96.26% of the target price of $13.65. InterMune, Inc. ( ITMN ) is unchanged at $12.79, with 950,002 shares traded.ITMN is scheduled to provide an earnings report on 7/24/2013, for the fiscal quarter ending Jun2013. The consensus earnings per share forecast is -0.69 per share, which represents a -78 percent increase over the EPS one Year Ago Microsoft Corporation ( MSFT ) is +0.145 at $31.54, with 914,247 shares traded. MSFT's current last sale is 85.24% of the target price of $37. Seagate Technology. ( STX ) is unchanged at $47.52, with 846,220 shares traded.STX is scheduled to provide an earnings report on 7/24/2013, for the fiscal quarter ending Jun2013. The consensus earnings per share forecast is 1.19 per share, which represents a 241 percent increase over the EPS one Year Ago Oracle Corporation ( ORCL ) is -0.1104 at $31.75, with 812,521 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Feb 2014. The consensus EPS forecast is $0.67. As reported by Zacks, the current mean recommendation for ORCL is in the ""buy range"". Emerson Electric Company ( EMR ) is -0.25 at $58.55, with 797,615 shares traded. EMR's current last sale is 97.58% of the target price of $60. Macy's Inc ( M ) is +0.03 at $49.06, with 730,923 shares traded. As reported by Zacks, the current mean recommendation for M is in the ""buy range"". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-07-22,16.299,16.468,16.2794,16.4582,
EXC,2013-07-23,16.4152,16.5149,16.304,16.3498,
EXC,2013-07-24,16.3087,16.3264,15.83,15.8798,
EXC,2013-07-25,15.8476,16.0694,15.8163,16.0519,
EXC,2013-07-26,15.999,16.126,15.9141,16.1202,"Alliant Energy Corporation (LNT) Ex-Dividend Date Scheduled for July 29, 2013 Alliant Energy Corporation ( LNT ) will begin trading ex-dividend on July 29, 2013. A cash dividend payment of $0.47 per share is scheduled to be paid on August 15, 2013. Shareholders who purchased LNT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that LNT has paid the same dividend. At the current stock price of $53.53, the dividend yield is 3.51%. The previous trading day's last sale of LNT was $53.53, representing a -1.19% decrease from the 52 week high of $54.18 and a 26.82% increase over the 52 week low of $42.21. LNT is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). LNT's current earnings per share, an indicator of a company's profitability, is $3.21. Zacks Investment Research reports LNT's forecasted earnings growth in 2013 as 2.92%, compared to an industry average of 6.1%. For more information on the declaration, record and payment dates, visit the LNT Dividend History page. Interested in gaining exposure to LNT through an Exchange Traded Fund [ETF]? The following ETF(s) have LNT as a top-10 holding: iShares S&P MidCap 400/Barra Value Index Fund ( IJJ ) SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value ( MDYV ) Vanguard S&P Mid-Cap 400 Value ETF ( IVOV ). The top-performing ETF of this group is IVOV with an increase of 13.67% over the last 100 days. IJJ has the highest percent weighting of LNT at 0.84%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-07-29,16.0157,16.259,15.9688,16.1427,"UNITIL Corporation (UTL) Ex-Dividend Date Scheduled for July 30, 2013 UNITIL Corporation ( UTL ) will begin trading ex-dividend on July 30, 2013. A cash dividend payment of $0.345 per share is scheduled to be paid on August 15, 2013. Shareholders who purchased UTL stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 55th quarter that UTL has paid the same dividend. At the current stock price of $31.5, the dividend yield is 4.38%. The previous trading day's last sale of UTL was $31.5, representing a -1.78% decrease from the 52 week high of $32.07 and a 30.43% increase over the 52 week low of $24.15. UTL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). UTL's current earnings per share, an indicator of a company's profitability, is $1.47. Zacks Investment Research reports UTL's forecasted earnings growth in 2013 as 4.9%, compared to an industry average of 5.8%. For more information on the declaration, record and payment dates, visit the UTL Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-07-30,16.2276,16.3498,16.0205,16.0255,"[""CMS Energy Corporation (CMS) Ex-Dividend Date Scheduled for July 31, 2013 CMS Energy Corporation ( CMS ) will begin trading ex-dividend on July 31, 2013. A cash dividend payment of $0.255 per share is scheduled to be paid on August 30, 2013. Shareholders who purchased CMS stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CMS has paid the same dividend. At the current stock price of $28.28, the dividend yield is 3.61%. The previous trading day's last sale of CMS was $28.28, representing a -5.67% decrease from the 52 week high of $29.98 and a 25.35% increase over the 52 week low of $22.56. CMS is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). CMS's current earnings per share, an indicator of a company's profitability, is $1.62. Zacks Investment Research reports CMS's forecasted earnings growth in 2013 as 6.39%, compared to an industry average of 5.7%. For more information on the declaration, record and payment dates, visit the CMS Dividend History page. Interested in gaining exposure to CMS through an Exchange Traded Fund [ETF]? The following ETF(s) have CMS as a top-10 holding: Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ). The top-performing ETF of this group is RYU with an increase of 4.66% over the last 100 days. It also has the highest percent weighting of CMS at 2.66%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for July 31, 2013 : CMCSA, MA, SO, PSX, AMT, EXC, AGN, HES, CMCSK, PCG, DLPH, IVZ The following companies are expected to report earnings prior to market open on 07/31/2013. Visit our Earnings Calendar for a full list of expected earnings releases. Comcast Corporation ( CMCSA ) is reporting for the quarter ending June 30, 2013. The cable tv company's consensus earnings per share forecast from the 19 analysts that follow the stock is $0.63. This value represents a 26.00% increase compared to the same quarter last year. CMCSA missed the consensus earnings per share in the 4th calendar quarter of 2012 by -1.89%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CMCSA is 18.01 vs. an industry ratio of 24.80. Mastercard Incorporated ( MA ) is reporting for the quarter ending June 30, 2013. The financial transactions company's consensus earnings per share forecast from the 26 analysts that follow the stock is $6.32. This value represents a 11.86% increase compared to the same quarter last year. In the past year MA has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 0.65%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MA is 23.45 vs. an industry ratio of 250.00. Southern Company ( SO ) is reporting for the quarter ending June 30, 2013. The electric power utilities company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.67. This value represents a 2.90% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for SO is 16.51 vs. an industry ratio of 14.80, implying that they will have a higher earnings growth than their competitors in the same industry. Phillips 66 ( PSX ) is reporting for the quarter ending June 30, 2013. The oil refining company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.89. This value represents a 15.25% decrease compared to the same quarter last year. In the past year PSX has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 17.74%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PSX is 7.87 vs. an industry ratio of -78.80, implying that they will have a higher earnings growth than their competitors in the same industry. American Tower Corporation (REIT) ( AMT ) is reporting for the quarter ending June 30, 2013. The reit company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.53. This value represents a 12.77% increase compared to the same quarter last year. The last two quarters AMT had negative earnings surprises; the latest report they missed by -10.42%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for AMT is 35.16 vs. an industry ratio of 14.80, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation ( EXC ) is reporting for the quarter ending June 30, 2013. The electric power utilities company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.54. This value represents a 11.48% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for EXC is 12.68 vs. an industry ratio of 14.80. Allergan, Inc. ( AGN ) is reporting for the quarter ending June 30, 2013. The large cap pharmaceutical company's consensus earnings per share forecast from the 16 analysts that follow the stock is $1.20. This value represents a 12.15% increase compared to the same quarter last year. AGN missed the consensus earnings per share in the 4th calendar quarter of 2012 by -3.36%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for AGN is 19.00 vs. an industry ratio of 15.90, implying that they will have a higher earnings growth than their competitors in the same industry. Hess Corporation ( HES ) is reporting for the quarter ending June 30, 2013. The oil company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.41. This value represents a 18.02% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for HES is 11.31 vs. an industry ratio of 11.90. Comcast Corporation ( CMCSK ) is reporting for the quarter ending June 30, 2013. The cable tv company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.64. This value represents a 28.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CMCSK is 16.66 vs. an industry ratio of 24.80. Pacific Gas & Electric Co. ( PCG ) is reporting for the quarter ending June 30, 2013. The electric power utilities company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.72. This value represents a 11.11% decrease compared to the same quarter last year. The days to cover, as reported in the 7/15/2013 short interest update, increased 153.51% from previous report on 6/28/2013. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PCG is 17.58 vs. an industry ratio of 14.80, implying that they will have a higher earnings growth than their competitors in the same industry. Delphi Automotive plc ( DLPH ) is reporting for the quarter ending June 30, 2013. The auto (truck) company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.13. This value represents a 9.71% increase compared to the same quarter last year. In the past year DLPH has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 11.46%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for DLPH is 12.63 vs. an industry ratio of 7.60, implying that they will have a higher earnings growth than their competitors in the same industry. Invesco Plc ( IVZ ) is reporting for the quarter ending June 30, 2013. The finance/investment management company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.51. This value represents a 24.39% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for IVZ is 15.20 vs. an industry ratio of 20.60. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-07-31,15.9932,16.0088,15.449,15.5819,"[""Exelon Misses Q2 Earnings, Guides Same - Analyst Blog Exelon Corporation ( EXC ) announced second-quarter 2013 operating earnings of 53 cents per share, down from the year-ago figure of 61 cents. The results also missed the Zacks Consensus Estimate by a penny. However, it was within the earnings guidance range. The results excluded unrealized losses related to nuclear of 3 cents, constellation merger and integration costs of 2 cents, amortization of commodity contract intangibles of 13 cents and long-lived asset impairment charges of 8 cents. It also excluded mark-to-market impact of economic hedging activities of 30 cents. Including these charges and gains, GAAP loss per share reported by the company was 57 cents versus 33 cents in the year-ago quarter. The results reflect lower energy margins at Generation, higher operating and maintenance expenses, higher depreciation and amortization expense and the impact of unfavorable weather at ComEd. However, these negatives were partially offset by merger synergies, favorable income taxes and increased distribution revenues at ComEd. Total Revenue Exelon's total operating revenue for second-quarter 2013 was $5,882 million, reflecting year-over-year decline of 7.8%. The reported quarterly revenues were below the Zacks Consensus Estimate of $6,223 million. Quarterly Highlights During the quarter, total operating expenses declined 7.0% year over year to $4,972 million, mainly due to decreases in purchase power and fuel expense. However, decline in operating expenses could not offset the decline in revenue, resulting in an operating income of $910 million, down 12% year over year. Segment Update Generation: This segment generated net income of $273 million, down 32% year over year. Excluding Salem and the units owned by Constellation Energy Nuclear Group (CENG), the Exelon-operated nuclear plants achieved a 92.8% capacity factor, compared with 93.4% in the year-ago period. Commonwealth Edison Company (ComEd): The segment's net income was $96 million, up from $42 million in the year-ago period. PECO Energy Company (PECO): The segment's net income declined to $74 million from $81 million reported in the year-ago period, due to higher operating and maintenance expense partially offset by favorable income taxes. BaltimoreGas and Electric (BGE): The segment generated net income of $23 million, up from $14 million in the year-ago quarter driven by higher electric and gas distribution rates. Financial Update The company ended the quarter with cash and cash equivalents of $956 million, down from $1,411 million at the end of 2012. Long-term debt as of Jun 30, 2013 totaled $16,121 million, down from $17,190 million as of Dec 31, 2012. Hedges Exelon's hedging program involves the hedging of commodity risks for expected generation, typically on a ratable basis over a three-year period. The proportion of expected generation hedged as of Jun 30, 2013, is 96%-99% for 2013, 78%-81% for 2014, and 41%- 44% for 2015. Integration The company is about to take a strategic step after its merger with Constellation in Mar 2012. Over the next nine months, three commercial nuclear power plants operated by the Constellation Energy Nuclear Group (CENG) in New York and Maryland will be operationally integrated into the Exelon Generation nuclear fleet. CENG was formed as a joint venture between Constellation Energy and EDF in 2009 to hold and oversee operations of the three Constellation nuclear plants. As per the terms of the agreement, the CENG plant operating licenses will be transferred to Exelon. CENG will remain a legal entity governed by a board of directors that comprise five EDF and five Exelon board members. Exelon will continue to own 50.01% stake in CENG, and EDF will own 49.99%. The application for transfer of operating licenses from CENG to Exelon will be submitted to the NRC very soon. Exelon will lend $400 million to CENG to support a special dividend to EDF, and EDF will retain an option to sell its CENG stake to Exelon at fair market value between 2016 and 2022. Guidance Exelon maintained its guidance in the range of $2.35-$2.65 per share for 2013. Our Take Both the parameters failed to meet the Zacks Consensus Estimate. However, going forward, company's solid utility operations and the initiatives taken to increase production through renewable sources will act as tailwinds for the company. However, we prefer to remain on the sidelines based on the company's second-quarter performance, increased regulatory landscape and pending rate cases. Exelon Corp. presently carries a Zacks Rank #3 (Hold). However, stocks to look out for in the sector are IdaCorp, Inc. ( IDA ), NiSource Inc. ( NI ) and Northwestern Corp. ( NWE ), all of which have a Zacks Rank #2 (Buy). EXELON CORP (EXC): Free Stock Analysis Report IDACORP INC (IDA): Free Stock Analysis Report NISOURCE INC (NI): Free Stock Analysis Report NORTHWESTERN CP (NWE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Southern Company Q2 Earnings Disappoint - Analyst Blog Electric utility firm Southern Company ( SO ) reported second quarter 2013 earnings per share (excluding certain one-time charges) of 66 cents, a penny below the Zacks Consensus Estimate and also lower than the year-ago adjusted profit of 69 cents. The weak results could be attributed to lower usage on the back of mild weather conditions, further hamstrung by spiraling expenses Additionally, the Atlanta, Georgia-based power supplier's quarterly revenue - at $4,246.0 million - could not surpass the Zacks Consensus Estimate of $4,295.0 million. However, Southern Company's revenue came 1.6% higher than the second quarter 2012 level of $4,181.0 million amid more industrial sales. Overall Sales Breakup Milder-than-normal temperatures across Southern Company's core Southeast market curbed electricity demand. This brought about a downward movement in overall electricity sales and usage. Total electricity sales during the second quarter deteriorated 4.6% from the same period last year. Southern Company's total retail sales fell by 2.9%, reflecting lower demand from residential customers, which decreased by 5.3%. Commercial sales registered a year-over-year downward movement of 4.2%. However, industrial sales were up 0.6%, providing some cushion to Southern Company's second quarter results. With approximately a third of the company's total retail sales coming from industrial customers, direction of the economy significantly affects the fortunes of Southern Company, as compared to other utilities that are less dependent on the industrial component. Expenses Summary Southern Company's operations and maintenance expense remained essentially flat from the year-ago quarter though total operating expense - at $3,606.0 million - was approximately 18.7% higher than the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. ( EXC ) and Duke Energy Corp. ( DUK ) - currently retains a Zacks Rank #3 (Hold), implying that it is expected to perform in line with the broader U.S. equity market over the next one to three months. Meanwhile, one can look at Integrys Energy Group Inc. ( TEG ) as a good buying opportunity. This electric utility stock - sporting a Zacks Rank #1 (Strong Buy) - offers tremendous value and is worth buying now. DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report INTEGRYS ENERGY (TEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""JPMorgan Penalized by FERC - Analyst Blog Within days of announcing its plan to exit the physical commodity business, JPMorgan Chase & Co. ( JPM ) reached an agreement with the Federal Energy Regulatory Commission (FERC) to resolve the investigation by the agency for alleged manipulation of electricity prices in California and the Midwest region. The company will pay $410 million, without admitting or denying any wrongdoing. Of the total amount, $285 million is the penalty fee and the remaining $125 million is the improper profit that the company allegedly earned. This improper profit will be returned to the ratepayers of California and the Midwest regions. JPMorgan has contracts with power generating firms to trade electricity. Most of the power plants were operated by the California Independent System Operator Corporation (CAISO) and the Midwest Independent Transmission System Operator, Inc. (MISO). The FERC alleged that JPMorgan used 12 improper bidding procedures to extract unwarranted payments from the wholesale energy markets between Sep 2010 and Nov 2012. Further, as part of the settlement, JPMorgan agreed to waive claims for more payments from CAISO related to 2 strategies under investigation. The company was seeking $227 million as claims. The aforesaid settlement is the second largest penalty received by the FERC since the $1.5 billion deal Enron Corp. deal in 2001. In Mar 2012, Constellation Energy Group Inc. - subsidiary of Exelon Corporation ( EXC ) - agreed to pay $245 million for alleged energy trading violations in New York. Moreover, in Jan 2013, Deutsche Bank AG ( DB ) agreed to pay $1.6 million to resolve the FERC's charges accusing the former of manipulating California energy markets in 2010. Furthermore, earlier this month, the FERC ordered Barclays PLC ( BCS ) to pay $488 million in fines and penalties for the alleged manipulation of energy markets in Western U.S. from 2006 to 2008. However, Barclays has decided to challenge the order. For JPMorgan, the settlement removes a litigation overhang. Notably, the company is planning to exit the physical commodity business. This step comes amid heightened regulatory and political scrutiny of banks' ownership in such assets. Currently, JPMorgan carries a Zacks Rank #2 (Buy). BARCLAY PLC-ADR (BCS): Free Stock Analysis Report DEUTSCHE BK AG (DB): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Comcast, CBS shares in focus Wednesday Expect shares of Comcast, CBS and MetLife to fall under scrutiny Wednesday as the firms report their quarterly earnings."", ""Wednesday\u2019s movers: Facebook, Symantec Shares of Facebook Inc. decline on Wednesday afternoon after rising above the company\u2019s initial public offering price of $38 earlier in the session.""]"
EXC,2013-08-01,15.5769,15.703,15.4656,15.6873,"PPL Corp. Beats Earnings and Sales - Analyst Blog PPL Corporation ( PPL ) reported second-quarter 2013 pro forma earnings of 49 cents per share, a penny ahead of the Zacks Consensus Estimate. However, quarterly earnings were 2 cents lower than the year-ago figure due to weak performance from the company's Supply and Corporate and Other segments; partially offset by an increase in earnings at the Kentucky Regulated , U.K. Regulated and Pennsylvania Regulated segments. The company's GAAP earnings were 63 cents versus 46 cents a year-ago. The difference of 14 cents between GAAP and pro forma earnings was due to a gain of 11 cents related to the adjusted energy-related economic activity, a penny gain for the LKE discontinued operations and windfall tax litigation gain of 7 cents; partially offset by 5 cents charge from changes in WPD line loss accrual, foreign currency-related economic hedges and changes in tax accounting method related to repairs. Revenue PPL Corporation reported total operating revenues of $3.5 billion, beating the Zacks Consensus Estimate by $0.8 billion and the year-ago level by 35.3%. Improvement in revenues was primarily driven by an increase in utility and unregulated retail electricity and gas sales. Operational Update Total operating expenses were $2.7 billion, up 36.2% year over year mainly due to a rise in fuel and depreciation expenses. PPL Corporation's operating income was $758 million, up 32.5% year over year. Interest expenses increased 9.3% year over year to $258 million due to a rise in debt level. Financial Update As of Jun 30, 2013, PPL Corporation had cash and cash equivalents of $711 million versus $901 million as of Dec 31, 2012. Long-term debt as of Jun 30, 2013 was $18.9 billion compared with $18.7 billion as of Dec 31, 2012. Net cash provided by operating activities during the first six months of 2013 was $947 million, flat with the year-ago comparable period. Guidance PPL Corporation increased its full-year 2013 pro forma earnings guidance in the range of $2.25 to 2.40 per share from the earlier projection of $2.15 to $2.40 per share. Other Company Releases American Electric Power Co. Inc. ( AEP ) posted second-quarter pro forma earnings per share of 73 cents, missing the Zacks Consensus Estimate by 4 cents. Exelon Corporation ( EXC ) announced second-quarter operating earnings of 53 cents per share, missing the Zacks Consensus Estimate by a penny. Entergy Corporation ( ETR ) reported second quarter operational earnings of $1.01 per share, beating the Zacks Consensus Estimate by 3 cents. Our View PPL Corporation reported positive earnings surprises in 4 out of last 5 quarters primarily backed by stable performance from its regulated segments. The company's strong financial profile allows it to upgrade electricity transmission and distribution infrastructure to provide uninterrupted service to its customers, which will subsequently improve its future performance. However, stringent regulations and risks related to delay and cancellation of projects, may to some extent restrict the company's future performance. Allentown, Pa.-based PPL Corporation generates and delivers electricity and natural gas to more than 10 million customers in the U.S. and UK. The company currently has a Zacks Rank #3 (Hold). AMER ELEC PWR (AEP): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-08-02,15.6873,15.745,15.5135,15.5955,
EXC,2013-08-05,15.5819,15.7646,15.4958,15.6014,
EXC,2013-08-06,15.5575,15.5955,15.3386,15.408,"[""X Factor: 5 Stocks Reaching Their Ex-Dividend Date on August 13 Many stocks will reach their ex-dividend date next Tuesday, which is significant for investors as the seller of the stock on that date, not the buyer, receives the most recent dividend. A stock must be bought one day before the ex-dividend date to claim any dividends that have been announced but not yet paid. The company determines on the record date, which usually occurs two days after the ex-dividend date, which shareholders qualify for the dividend. Shareholders listed as holders of record after the record date then receive their dividend on the date of payment established by the company. Those purchasing right before the record date forfeit the dividend and normally get the stock for a reduced amount. It may seem an anachronism in this era of high frequency trading, but the dividend rate rules are in force since it can still take up to three business days for transactions to be credited to and settled in an investor's account. Below are five stocks that schedule August 13 as their ex-dividend date. All annual yields are estimated. ARMOUR Residential REIT ( ARR ) yields 18.92% annually and has a market cap of $1.643 billion. The real estate investment trust, or REIT , will pay a monthly dividend of $0.07 on August 29, and its monthly yield will be 1.58% based on yesterday's closing price of $4.44. The REIT has paid a monthly dividend since 2010. Exelon Corporation ( EXC ) yields 4.11% annually and has a market cap of $25.83 billion. The utility service holding company will pay a quarterly dividend of $0.31 on September 10, and the quarterly yield will be 1.01% based on yesterday's closing price of $30.63. The company has paid a quarterly dividend since 1980. Microsoft ( MSFT ) yields 2.92% annually and has a market cap $262.53 billion. The global software and hardware company will pay a quarterly dividend of $0.23 on September 12, and the quarterly yield will be 0.73% based on yesterday's closing price of $31.70. The company has paid a quarterly dividend since the second half of 2003, and each dividend payment has either increased or remained the same from the prior quarter. Cliffs Natural Resources ( CLF ) yields 2.87% annually and has market cap of $3.19 billion. The mining and natural resources company will pay a quarterly dividend of $0.15 on September 3, and the quarterly yield will be 0.71% based on yesterday's closing price of $21. The company has paid a quarterly dividend since the second half of 1989. Gerdau S.A. ( GGB ) yields 0.62% annually and has a market cap of $10.95 billion. The global producer of steel products will pay a quarterly dividend of $0.0199 on August 28, and the quarterly yield of the dividend will be 0.31% based on yesterday's closing price of $6.48. The company has paid a dividend since 1999 and a quarterly dividend since 2003. These companies also have their ex-dividend date on August 13. All annual yields are estimated. Duke Realty Corporation (DRE) yields 4.31% annually and will pay a quarterly dividend of $0.17 on August 30. Cablevision Systems (CVC) yields 3.15% annually and will pay a quarterly dividend of $0.15 on September 5. DuPont (DD) yields 3.03% annually and will pay a quarterly dividend of $0.45 on September 12. El Dorado Gold (EGO) yields 1.40% annually and will pay a semi-annual dividend of $0.05 on August 26. Avon Products (AVP) yields 1.09% annually and will pay a quarterly dividend of $0.06 on September 3. Purchase -- and have your broker settle -- before the ex-dividend date to secure the dividend. Twitter: @ChrisWitrak The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ALLETE Misses Q2 Earnings Estimates - Analyst Blog ALLETE Inc. ( ALE ) reported second-quarter 2013 earnings of 35 cents per share, missing the Zacks Consensus Estimate by 5 cents as well as the year-ago figure by 10.3%. The decline in earnings was primarily due to an increase in share counts and higher depreciation and interest expenses. Total Revenue ALLETE posted revenues of $235.6 million, surpassing the Zacks Consensus Estimate by $1.6 million. Quarterly revenues increased 9% year over year driven by increased revenues from the renewable energy investments and year-over-year rise in total electricity sales. Operational Highlights ALLETE's sales from the regulated utility operations stood at $215.8 million, up 9.5% year over year. This was mainly driven by an increase in sales at the residential, commercial, municipal and industrial divisions and a rise in the other power suppliers' sales. In the quarter under review, total electricity sale volume rose 2.5% year over year to 3,223 million Kilowatt-hours. Total operating expenses were $211.2 million in the second quarter, up 9.4% year over year. A rise in costs of fuel and purchased power, operating and maintenance expenses as well as depreciation expenses led to the cost escalation. ALLETE's operating income jumped 4.7% year over year to $24.4 million. Profit increased in consequence of a substantial increase in the top line despite strong cost pressure. The company's interest expenses were $12.8 million versus $10.1 million in the year-ago quarter. Financial Update ALLETE's cash and cash equivalents as of Jun 30, 2013 were $145 million versus $80.8 million as of Dec 31, 2012. Long-term debt as of Jun 30, 2013 was $1,064.7 million compared with $933.6 million at year-end 2012. Guidance ALLETE reiterated its full year 2013 earnings expectation of $2.58 - $2.78 per share taking into consideration strong industrial demand, higher cost recovery revenue, increased operating and maintenance expenses, depreciation and interest expenses, rise in federal production tax credits and dilution from equity issuances in the range 10 - 15 cents per share. Other Company Releases American Electric Power Co. Inc. ( AEP ) posted second-quarter pro forma earnings per share of 73 cents, missing the Zacks Consensus Estimate by 4 cents. Exelon Corporation ( EXC ) announced second-quarter operating earnings of 53 cents per share, missing the Zacks Consensus Estimate by a penny. Entergy Corporation ( ETR ) reported second quarter operational earnings of $1.01 per share, beating the Zacks Consensus Estimate by 3 cents. Our View ALLETE expects energy demand in the region to increase in the near term primarily due to the commencement of numerous large-scale industrial projects. We believe the improvement and diversification of the generation capacity will enable the company to meet higher demand, which will subsequently improve its future performance. The company has also taken an initiative, known as EnergyForward, to meet up Minnesota's renewable energy standard of 25% renewable energy by 2025. Duluth, Minn.-based ALLETE Inc. is a multi-service provider and has operations in Florida, North Dakota and Wisconsin. It has a wide array of businesses, starting from the supply of electricity and water utility to automobile auction. The company currently has a Zacks Rank #4 (Sell). AMER ELEC PWR (AEP): Free Stock Analysis Report ALLETE INC (ALE): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-08-07,15.3659,15.7402,15.3181,15.7079,"Pepco Holdings Misses Q2 Earnings, Up Y/Y - Analyst Blog Pepco Holdings Inc. ( POM ) reported second quarter 2013 earnings from continuing operations of 22 cents per share, 2 cents lower than the Zacks Consensus Estimate. However, earnings were 10% higher than the year-ago number of 20 cents. The year-over-year increase in operating earnings was primarily due to a rise in electric distribution revenue and lower operation and maintenance expenses partially offset by a decline in electric supply margins and lower unbilled revenue related to Atlantic City Electric basic generation service. GAAP earnings were 16 cents per share versus 23 cents in the second quarter of 2012. The difference between GAAP and operating earnings during the reported quarter was due to a 2 cent charge from cross-border energy lease including related interest expense on uncertain tax positions and a charge of 4 cents related to cross-border energy lease net loss on early terminations. Total Revenue Pepco Holdings' total revenue at the end of the second quarter was $1.05 billion, down marginally from $1.07 billion in the year-ago period. Quarterly revenue also fell short of the Zacks Consensus Estimate of $1.4 billion by 22.5%. The year-over-year decline was primarily due to lower top-line contribution from Pepco Energy Services partially offset by increased returns from Power delivery services. Highlights of the Release In the second quarter, Pepco Holdings' total electric sales, at Power Delivery, plummeted 2.3% to 11,172 gigawatt hours (GWh). The mild weather in its service territories impacted the demand for electricity. Total operating expenses at the end of the quarter declined marginally to $921 million from $933 million in the comparable year-ago period. Pepco Holdings' installations as well as activation of smart meters in the District of Columbia and Maryland service zones were nearly completed. Installation and activation tasks of smart meters by Delmarva Power was concluded in its Delaware electric service territory while work is currently progressing in the Maryland service areas. Financial Update Pepco Holdings' cash and cash equivalents, including restricted cash, were $35.0 million as of Jun 30, 2013, flat with the cash balance as of Dec 31, 2012. Long-term debts as of Jun 30, 2013 were $3.8 billion, up 4.5% from $3.6 billion as of Dec 31, 2012. Guidance Pepco Holdings reiterated its 2013 earnings outlook in the range of $1.05 to $1.20 per share. The guidance assumes normal weather during the year. Other Company Releases Exelon Corporation ( EXC ) reported earnings of 53 cents per share in the second quarter of 2013, missing the Zacks Consensus Estimate by a penny. NiSource Inc. ( NI ) announced second-quarter 2013 operating earnings of 23 cents per share, 4.2% below the Zacks Consensus Estimate. Public Service Enterprise Group Inc. ( PEG ) reported second quarter 2013 earnings of 48 cents per share, surpassing the Zacks Consensus Estimate by 4.3%. Our View Pepco Holdings presented favorable year over year earnings results in the reported quarter backed by effective cost control initiatives and acceleration in distribution operations though the mild weather proved to be a deterrent. Going forward, the company's aggressive investments in modernizing its utility infrastructure will act as a key growth catalyst and will help retain its customer base. Moreover, prudent capital outlay and continued implementation of cost-containment measures will bode well for Pepco Holdings' future development plans. However, the discouraging distribution rate base outcomes might hurt the company's margins. Pepco Holdings currently retains a Zacks Rank #3 (Hold). EXELON CORP (EXC): Free Stock Analysis Report NISOURCE INC (NI): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-08-08,15.7245,16.0205,15.6747,15.9688,
EXC,2013-08-09,15.9248,15.999,15.8534,15.9248,"[""NRG Energy Beats 2Q Earnings Estimates - Analyst Blog NRG Energy Inc. ( NRG ) posted second-quarter earnings per share of 39 cents, beating the Zacks Consensus Estimate of 30 cents by 30%. However, the quarterly results were significantly lower than the year-ago earnings per share of $1.09. The decline was primarily due to lower demand from a cooler summer in its service territories, in particular Texas. Revenue NRG Energy's total operating revenues of $2.9 billion surpassed the Zacks Consensus Estimate of $2.24 billion by 30.3% and the year-ago revenue of $2.16 billion by 35.2%. Highlights of the Release NRG Energy's total operating expenses were $2.63 billion, up 48.9% year over year due to higher cost of operations, depreciation charges, and selling, general and administrative expenses. The significant rise in expenses also had its impact on the operating margins of the company. In the reported quarter, operating margin was 10%, down nearly 830 basis points from 18.3% in the year-ago quarter. Interest expenses increased 23.3% year over year to $206 million primarily due to a higher debt level. NRG Energy's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) during the quarter were $594 million, up 7% year over year on favorable performances from the East, West, Alternate Energy, NRG Yield and Corporate segments. These were partially offset by decreases in adjusted EBITDA from the Retail, Wholesale Gulf Coast - Texas and South Central, and Other segments. Financial Update NRG Energy's cash and cash equivalents as of Jun 30, 2013, was $1.36 billion versus $2.1 billion as of Dec 31, 2012. As of Jun 30, 2013, long-term debt and capital leases were $15.9 billion versus $15.7 billion as of Dec 31, 2012. Net cash used in operating activities during the first half of 2013 was $78 million versus $585 million provided from operating activities in the comparable year-ago period. NRG Energy's capital expenditures in the first half of 2013 were $1.28 billion, down from $1.59 billion invested in the prior-year comparable period. During the first six months of the year the company utilized $25 million to repurchase 972,292 shares. NRG Energy intends to buy back shares worth of $175 million by the end of 2013, thereby enhancing shareholder value. The company was able to enhance its retail customer base by 23,000 in the reported quarter and added more renewable power in its generation portfolio. The addition of green power is laudable given the increasing regulation and restrictions for usage of fossil fuels for power generation. Guidance NRG Energy's full-year 2013 adjusted EBITDA guidance was lowered marginally to the range of $2.55-$2.7 billion from $2.61-$2.81 billion earlier. The company's full-year 2013 free cash flow (before growth investments) guidance is in the range of $1.05-$1.20 billion, down from the previous expectation of $1.05-$1.25 billion. The reduction in 2013 guidance was primarily due to a decline in sales volume resulting from the unseasonably cool summer weather in Texas. NRG Energy reaffirmed its 2014 adjusted EBITDA and cash flow (before growth investments) guidance in the range of $2.85-$3.05 billion and $1.1-$1.3 billion, respectively. Other Company Releases Exelon Corporation ( EXC ) announced second quarter earnings of 53 cents per share, lagging the Zacks Consensus Estimate by a penny. NiSource Inc. 's ( NI ) earnings per share of 23 cents in the second quarter lagged the Zacks Consensus Estimate by a penny. American Electric Power Co. Inc. ( AEP ) reported second quarter earnings of 73 cents per share, missing the Zacks Consensus Estimate by 4 cents. Our View NRG Energy was able to surpass our estimates in the reported quarter on the back of better-than-expected synergies from the GenOn merger despite the unfavorable weather. Recently, the company completed the acquisition of the 560 MW Gregory cogeneration plant in Corpus Christi, Texas. The addition of this unit enhances the generation capability of the company in the region, which has significant demand for power. Princeton, N.J. and Houston, Texas-based NRG Energy Inc. together with its subsidiaries operates as an integrated wholesale power generation and retail electricity company. The company currently has a Zacks Rank #2 (Buy). EXELON CORP (EXC): Free Stock Analysis Report NISOURCE INC (NI): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Wisconsin Energy Corporation (WEC) Ex-Dividend Date Scheduled for August 12, 2013 Wisconsin Energy Corporation ( WEC ) will begin trading ex-dividend on August 12, 2013. A cash dividend payment of $0.3825 per share is scheduled to be paid on September 01, 2013. Shareholders who purchased WEC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 12.5% increase over the prior quarter. At the current stock price of $43.51, the dividend yield is 3.52%. The previous trading day's last sale of WEC was $43.51, representing a -3.31% decrease from the 52 week high of $45 and a 20.82% increase over the 52 week low of $36.01. WEC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WEC's current earnings per share, an indicator of a company's profitability, is $2.38. Zacks Investment Research reports WEC's forecasted earnings growth in 2013 as 4.03%, compared to an industry average of 2.9%. For more information on the declaration, record and payment dates, visit the WEC Dividend History page. Interested in gaining exposure to WEC through an Exchange Traded Fund [ETF]? The following ETF(s) have WEC as a top-10 holding: Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ) PowerShares S&P 500 Low Volatility Portfolio ETF ( SPLV ) iShares MSCI USA Size Factor ( SIZE ). The top-performing ETF of this group is SPLV with an increase of 7.45% over the last 100 days. RYU has the highest percent weighting of WEC at 2.66%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for August 12, 2013 Consolidated Edison Inc ( ED ) will begin trading ex-dividend on August 12, 2013. A cash dividend payment of $0.615 per share is scheduled to be paid on September 15, 2013. Shareholders who purchased ED stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ED has paid the same dividend. At the current stock price of $60.59, the dividend yield is 4.06%. The previous trading day's last sale of ED was $60.59, representing a -5.53% decrease from the 52 week high of $64.14 and a 12.98% increase over the 52 week low of $53.63. ED is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ED's current earnings per share, an indicator of a company's profitability, is $3.42. Zacks Investment Research reports ED's forecasted earnings growth in 2013 as .38%, compared to an industry average of 2.9%. For more information on the declaration, record and payment dates, visit the ED Dividend History page. Interested in gaining exposure to ED through an Exchange Traded Fund [ETF]? The following ETF(s) have ED as a top-10 holding: Select Sector SPDR Fund - Utilities ( XLU ) Vanguard Utilities ETF ( VPU ) SPDR S&P Dividend ETF ( SDY ) PowerShares High Yield Equity Dividend Achievers Portfolio ( PEY ) PowerShares S&P 500 Low Volatility Portfolio ETF ( SPLV ). The top-performing ETF of this group is PEY with an increase of 9.75% over the last 100 days. XLU has the highest percent weighting of ED at 3.57%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-08-12,15.8661,15.8907,15.7596,15.8203,
EXC,2013-08-13,15.7802,15.8701,15.6053,15.6513,"Stock Market News for August 13, 2013 - Market News The Dow Jones and S&P 500 ended in the red as investors were hesitant to take any positions in the absence of any major news. Nonetheless, the Nasdaq chalked up gains buoyed by news about Apple and Blackberry. The Dow and S&P 500 ended lower for the second consecutive day after logging their worst week since June. In recent days, discouraging comments from Fed officials about the future of the bond buying program have dampened markets' sentiment. On the international front, Japan's economy expanded at a lower rate than expected in the second quarter. The technology sector was the best performer among the S&P 500 industry groups. Utilities stocks suffered maximum losses. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article. The Dow Jones Industrial Average (DJI) declined 0.04% to close the day at 15,419.68. The S&P 500 fell 0.1% to finish yesterday's trading session at 1,689.47. The tech-laden Nasdaq Composite Index added 0.3% to end at 3,669.95. The fear-gauge CBOE Volatility Index (VIX) slipped 4.5% to settle at 12.81. Consolidated volumes on the New York Stock Exchange, American Stock Exchange and Nasdaq were roughly 4.9 billion shares, well below 2013's average of 6.36 billion shares. Advancing stocks outnumbered the decliners. For 51% shares that advanced, 46% declined. Stocks have rallied this year primarily driven by the Federal Reserve's bond buying program. The blue-chip index, S&P 500 and Nasdaq have jumped 17.7%, 18.5% and 21.5%, respectively, so far this year. But discouraging comments from Fed officials during the previous week continues to weigh on the markets. Comments from the Fed officials have made it more than apparent that the central bank will taper the bond buying program very soon. Some investors think that the economy may not grow at the current rate if the central bank shuts down its stimulus program. Share of BlackBerry Ltd (NASDAQ: BBRY ) jumped more than 10% after the company said it has formed a special committee to investigate strategic options. The company might sell itself or may enter into a partnership. Chairman of BlackBerry Special Committee of the Board Timothy Dattels said: ""Given the importance and strength of our technology, and the evolving industry and competitive landscape, we believe that now is the right time to explore strategic alternatives."" Shares of technology giant, Apple Inc. (NASDAQ: AAPL ) gained nearly 3%, following a report that the company will reveal its new version of the iPhone on September 10. On the earnings front, SYSCO Corporation (NYSE: SYY ) declared its fourth quarter results. The company's net income declined 9% due to increase in operating expenses and restructuring charges. The company earned $283 million in its latest quarter in comparison with $309.3 million a year ago. On the international front, Japan's economy expanded at lower rate than expected in the second quarter. According to government data, the world's third largest economy expanded at an annual rate of 2.6%. This was below the expectations of 3.6%. Prime Minister Shinzo Abe said: ""The economy has been steadily rising since the inauguration of the Abe administration last year."" ""I'll continue to take all possible care about the economy. I'd like to focus on the economy, including implementation of further growth strategies in the autumn,"" he added. The technology sector was the biggest gainer among the S&P 500 industry groups and the Technology SPDR (XLK) gained 0.7%. Stocks such as Microsoft Corporation (NASDAQ: MSFT ), International Business Machines Corp. (NYSE: IBM ), Oracle Corporation (NYSE: ORCL ) and Yahoo! Inc (NASDAQ: YHOO ) added 0.5%, 0.7%, 1.0% and 2.4%, respectively. Utilities stocks were the worst performers and the Utilities SPDR (XLU) lost 0.5%. Stocks such as NRG Energy Inc (NYSE: NRG ), Exelon Corporation (NYSE: EXC ), Wisconsin Energy Corporation (NYSE: WEC ), SCANA Corporation (NYSE: SCG ) and PG&E Corporation (NYSE: PCG ) slipped 1.4%, 0.6%, 0.3%, 0.5% and 0.7%, respectively. BLACKBERRY LTD (BBRY): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report INTL BUS MACH (IBM): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report SCANA CORP (SCG): Free Stock Analysis Report SYSCO CORP (SYY): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report YAHOO! INC (YHOO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-08-14,15.6053,15.6913,15.4401,15.663,"Exelon Unit Prices Bonds - Analyst Blog Exelon Corporation 's ( EXC ) unit, Commonwealth Edison Company (ComEd), has conducted a bond market transaction, thereby pricing its 4.60% First Mortgage Bonds worth $350 million. The bonds will mature on Aug 15, 2043. The offering will close on Aug 19. Exelon intends to utilize the net proceeds of the issue to repay a part of its outstanding commercial paper obligations and use the remaining for general corporate purposes. It is a normal practice of the companies to issue new bonds having a lower coupon rate for redeeming debts while reducing interest costs and extending repayment tenure. Exelon and its subsidiaries issue bonds and notes from time to time and collect funds to repay its existing debts and for other purposes. Exelon's unit, Baltimore Gas and Electric Company, issued notes in Jun 2013. The company utilized the net proceeds from the issue to repay a part of its existing notes and used the rest for general corporate purposes. We appreciate Exelon's steady effort towards minimization of the debt level. The company's long-term debt as of Jun 30, 2013, was $16.1 billion, down from $17.2 billion at the end of Dec 31, 2012. As of Jun 30, 2013, Exelon's cash balance was $1.0 billion and cash provided by operating activities during the first six months of 2013 was $1.2 billion. A strong financial position enables the company to issue debts from time to time to meet its near-term requirements. It will also facilitate Exelon to pay an annual interest of $16.1 million, resulting from the current bond issue. Exelon currently has a Zacks Rank #3 (Hold). However, other stocks in the industry that are worth considering include Huaneng Power International, Inc. ( HNP ) with a Zacks Rank #1 (Strong Buy), and Alliant Energy Corporation ( LNT ) and IdaCorp, Inc. ( IDA ), each with a Zacks Rank #2 (Buy). EXELON CORP (EXC): Free Stock Analysis Report HUANENG POWER (HNP): Free Stock Analysis Report IDACORP INC (IDA): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-08-15,15.5495,15.702,15.5281,15.6776,
EXC,2013-08-16,15.6864,15.744,15.4519,15.5164,
EXC,2013-08-19,15.4519,15.5789,15.3064,15.361,"Avista Corporation (AVA) Ex-Dividend Date Scheduled for August 20, 2013 Avista Corporation ( AVA ) will begin trading ex-dividend on August 20, 2013. A cash dividend payment of $0.305 per share is scheduled to be paid on September 13, 2013. Shareholders who purchased AVA stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that AVA has paid the same dividend. At the current stock price of $27.11, the dividend yield is 4.5%. The previous trading day's last sale of AVA was $27.11, representing a -7.35% decrease from the 52 week high of $29.26 and a 19.01% increase over the 52 week low of $22.78. AVA is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AVA's current earnings per share, an indicator of a company's profitability, is $1.5. Zacks Investment Research reports AVA's forecasted earnings growth in 2013 as 34.85%, compared to an industry average of 2.1%. For more information on the declaration, record and payment dates, visit the AVA Dividend History page. Interested in gaining exposure to AVA through an Exchange Traded Fund [ETF]? The following ETF(s) have AVA as a top-10 holding: SPDR Russell 2000 Low Volatility ( SMLV ). The top-performing ETF of this group is SMLV with an increase of 4.01% over the last 100 days. It also has the highest percent weighting of AVA at 2.01%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-08-20,15.3571,15.6102,15.3004,15.4968,"JPMorgan Under Fire over Energy Trades - Analyst Blog After the announcement of the latest probe by the Department of Justice (DOJ) over the probable manipulation in the energy sector by JPMorgan Chase & Co . ( JPM ), the company's share price went down by 2.74%. This new probe follows the company's settlement of civil allegations last month with the Federal Energy Regulatory Commission (FERC). Previously, JPMorgan was charged with the manipulation of electricity prices in California and the Midwest regions. The company had agreed to pay $410 million, without admitting or denying any wrongdoing. Of the total amount, $285 million was the penalty fee and the remaining $125 million was the improper profit that the company allegedly earned. This amount would be returned to the ratepayers of California and the Midwest regions. Apart from the settlement between JPMorgan and FERC, the DOJ had decided to further scrutinize the energy practices of the company. The case is being investigated by U.S. Attorney Preet Bharara in Manhattan. The U.S. Attorney is expected to probe some similar issues related to the FERC case. The latest energy probe is expected to add to JPMorgan's legal woes. The Wall Street biggie is already facing six other inquiries. In May 2012, the DOJ charged the bank of violating the civil securities laws while selling the mortgage-backed securities between 2005 and 2007. Moreover, the DOJ has decided to persist with its probe of the 2012 JPMorgan trading debacle, which cost the bank over $6 billion. In the past, many other banks have been charged with energy trading violations. In Mar 2012, Constellation Energy Group Inc. - a subsidiary of Exelon Corporation ( EXC ) - agreed to pay $245 million for alleged energy trading violations in New York. Moreover, in Jan 2013, Deutsche Bank AG ( DB ) agreed to pay $1.6 million to resolve the FERC's charges, accusing the former of manipulating the California energy markets in 2010. Furthermore, earlier this month, the FERC ordered Barclays PLC ( BCS ) to pay $488 million in fines and penalties for the alleged manipulation of energy markets in Western U.S. from 2006 to 2008. However, Barclays has decided to challenge the order. The ongoing probes against JPMorgan are expected to add to its legal expenses, which might dent its financials going forward. Additionally, it might tarnish the company's image. JPMorgan currently carries a Zacks Rank #3 (Hold). BARCLAY PLC-ADR (BCS): Free Stock Analysis Report DEUTSCHE BK AG (DB): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-08-21,15.4607,15.4754,15.2663,15.361,
EXC,2013-08-22,15.3786,15.8798,15.3434,15.8036,"Exelon Invests $0.5M for Maintenance - Analyst Blog Exelon Corporation 's ( EXC ) subsidiary PECO Energy Company (""PECO"") has completed annual examination of the circuits and aerial electric lines. The company has spent over $0.5 million for this purpose. These activities are part of PECO's overall preventative maintenance program. In this occasion, PECO checked more than 10,000 miles of aerial electric lines and tried to find out sagging lines and damaged components. The company also used infrared cameras to recognize possible upcoming issues before their occurrence. In addition, PECO inspected 1,885 circuits in its operating territory. Under the preventative maintenance program, PECO primarily inspects several apparatuses of its electricity and natural gas systems, including underground cables, transformers, manholes and several other components. The implementation of modern technology enables the company to provide uninterrupted services to its customers, while reducing breakdowns and strengthening system competence. We believe execution of these initiatives will subsequently improve reliability and public safety. It is evident from Exelon's capital spending program that the company currently intends to upgrade its electricity distribution assets. Previously, PECO completed a $16 million project to upgrade portions of electric transmission lines and equipments, and another venture worth $35 million to install a new electricity transmission line and upgrade systems. As of Jun 30, 2013, Exelon's cash balance was $1.0 billion and cash provided by operating activities during the first six months of 2013 was $1.2 billion. A strong financial position helps the company to make regular investments for the infrastructure development activities. Chicago, Ill-based Exelon engages in generation, transmission, distribution and sale of electricity to the residential, commercial, industrial and wholesale customers. Exelon currently has a Zacks Rank #4 (Sell). However, other stocks in the industry that are worth considering include Huaneng Power International, Inc. ( HNP ) with a Zacks Rank #1 (Strong Buy), and Alliant Energy Corp. ( LNT ) and IdaCorp, Inc. ( IDA ), each with a Zacks Rank #2 (Buy). EXELON CORP (EXC): Free Stock Analysis Report HUANENG POWER (HNP): Free Stock Analysis Report IDACORP INC (IDA): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-08-23,15.8671,15.9472,15.7402,15.9297,
EXC,2013-08-26,15.8974,15.9297,15.7909,15.7978,
EXC,2013-08-27,15.6815,15.8417,15.6259,15.7235,"Integrys Energy Group (TEG) Ex-Dividend Date Scheduled for August 28, 2013 Integrys Energy Group ( TEG ) will begin trading ex-dividend on August 28, 2013. A cash dividend payment of $0.68 per share is scheduled to be paid on September 20, 2013. Shareholders who purchased TEG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 19th quarter that TEG has paid the same dividend. At the current stock price of $57.32, the dividend yield is 4.75%. The previous trading day's last sale of TEG was $57.32, representing a -9.85% decrease from the 52 week high of $63.58 and a 12.08% increase over the 52 week low of $51.14. TEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). TEG's current earnings per share, an indicator of a company's profitability, is $3.99. Zacks Investment Research reports TEG's forecasted earnings growth in 2013 as 6.79%, compared to an industry average of 1.5%. For more information on the declaration, record and payment dates, visit the TEG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to TEG through an Exchange Traded Fund [ETF]? The following ETF(s) have TEG as a top-10 holding: Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ) iShares Dow Jones Select Dividend Index Fund ( DVY ). The top-performing ETF of this group is DVY with an increase of 3.93% over the last 100 days. RYU has the highest percent weighting of TEG at 2.83%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-08-28,15.7167,15.8633,15.658,15.8007,"NV Energy, Inc (NVE) Ex-Dividend Date Scheduled for August 29, 2013 NV Energy, Inc ( NVE ) will begin trading ex-dividend on August 29, 2013. A cash dividend payment of $0.19 per share is scheduled to be paid on September 18, 2013. Shareholders who purchased NVE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that NVE has paid the same dividend. At the current stock price of $23.73, the dividend yield is 3.2%. The previous trading day's last sale of NVE was $23.73, representing a -0.38% decrease from the 52 week high of $23.82 and a 36.3% increase over the 52 week low of $17.41. NVE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NVE's current earnings per share, an indicator of a company's profitability, is $1.37. Zacks Investment Research reports NVE's forecasted earnings growth in 2013 as -2.96%, compared to an industry average of 1.5%. For more information on the declaration, record and payment dates, visit the NVE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to NVE through an Exchange Traded Fund [ETF]? The following ETF(s) have NVE as a top-10 holding: IQ Merger Arbitrage ETF ( MNA ). The top-performing ETF of this group is MNA with an increase of 2.79% over the last 100 days. It also has the highest percent weighting of NVE at 4.16%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-08-29,15.7402,15.8036,15.5995,15.6513,
EXC,2013-08-30,15.658,15.7909,15.6396,15.6864,
EXC,2013-09-03,15.7802,15.8203,15.4519,15.4811,"Public Service Enterprise Group Incorporated (PEG) Ex-Dividend Date Scheduled for September 04, 2013 Public Service Enterprise Group Incorporated ( PEG ) will begin trading ex-dividend on September 04, 2013. A cash dividend payment of $0.36 per share is scheduled to be paid on September 30, 2013. Shareholders who purchased PEG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that PEG has paid the same dividend. At the current stock price of $32.42, the dividend yield is 4.44%. The previous trading day's last sale of PEG was $32.42, representing a -12.38% decrease from the 52 week high of $37 and a 11.6% increase over the 52 week low of $29.05. PEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PEG's current earnings per share, an indicator of a company's profitability, is $2.41. Zacks Investment Research reports PEG's forecasted earnings growth in 2013 as .61%, compared to an industry average of 1.3%. For more information on the declaration, record and payment dates, visit the PEG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-09-04,15.4401,15.5369,15.279,15.4811,"[""Westar Energy, Inc. (WR) Ex-Dividend Date Scheduled for September 05, 2013 Westar Energy, Inc. ( WR ) will begin trading ex-dividend on September 05, 2013. A cash dividend payment of $0.34 per share is scheduled to be paid on October 01, 2013. Shareholders who purchased WR stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that WR has paid the same dividend. At the current stock price of $30.51, the dividend yield is 4.46%. The previous trading day's last sale of WR was $30.51, representing a -12.73% decrease from the 52 week high of $34.96 and a 11.64% increase over the 52 week low of $27.33. WR is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WR's current earnings per share, an indicator of a company's profitability, is $2.38. Zacks Investment Research reports WR's forecasted earnings growth in 2013 as -1.18%, compared to an industry average of 1.3%. For more information on the declaration, record and payment dates, visit the WR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to WR through an Exchange Traded Fund [ETF]? The following ETF(s) have WR as a top-10 holding: Vanguard Small-Cap Value ETF ( VBR ). The top-performing ETF of this group is VBR with an increase of 4.27% over the last 100 days. It also has the highest percent weighting of WR at 0.43%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Unit Installs Smart Meters - Analyst Blog Exelon Corp. 's ( EXC ) subsidiary Commonwealth Edison Company (\""ComEd\"") has started fitting smart meters all over its service area. This initiative is a part of the company's grid modernization program under the Energy Infrastructure Modernization Act (\""EIMA\""). ComEd will install first smart meter at the western suburbs in North Riverside. The company expects to put in 60,000 smart meters by 2013, with total installation of over 4 million smart meters. The company expects to complete this program by 2021. Smart meter, a digital electric meter and a two-way radio communications provider, is used to collect usage information and convey it to ComEd via a wireless connection. This digital meter enables customers to access more information about energy use through online energy-management tools, which will subsequently help them to deal with their electric bills. Further, Smart meters will assist ComEd to identify the source of outages and power outages mechanically. It will also help the company to reduce operating costs, thereby resulting in a decline in customers' electricity bills. Smart meters will help the customers to easily control their energy usage. In addition, this new project will create 2,000 full-time jobs in the future. As far as customer privacy is concerned, ComEd utilizes modern cryptographic technologies in the smart meter to protect customer data. We note that EIMA was introduced by Illinois General Assembly. The purpose of this regulation is to make investment for developing and modernizing the state's electric infrastructure, creating job opportunities, enhancing reliability and attracting investment to the state. EIMA also allows the utility providers the right to recover their actual investments in future. To pursue the EIMA, ComEd has initiated a 10-year grid modernization program, worth $2.6 billion. Per the program, the company will invest $1.3 billion to strengthen electric systems and an additional $1.3 billion will be spent to install new digital smart grid and advanced meter technology. It is evident from Exelon's capital spending program that the company currently intends to upgrade its utility assets. In 2013, another subsidiary of the company, PECO Energy Company, intends to invest approximately $440 million to upgrade its existing natural gas and electricity distribution and transmission systems along with the addition of new assets. As of Jun 30, 2013, Exelon's cash balance was $1.0 billion and cash provided by operating activities during the first six months of 2013 was $1.2 billion. A strong financial position helps the company to make investments at regular intervals for the infrastructure development activities. Exelon currently has a Zacks Rank #3 (Hold). However, Huaneng Power International, Inc. ( HNP ) carries a Zacks Rank #1 (Strong Buy). Alliant Energy Corp. ( LNT ) and IdaCorp, Inc. ( IDA ), each with a Zacks Rank #2 (Buy) are also worth considering. Chicago, Ill-based Exelon engages in generation, transmission, distribution and sale of electricity to the residential, commercial, industrial and wholesale customers. EXELON CORP (EXC): Free Stock Analysis Report HUANENG POWER (HNP): Free Stock Analysis Report IDACORP INC (IDA): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-09-05,15.4607,15.5222,15.361,15.4607,"[""Scana Corporation (SCG) Ex-Dividend Date Scheduled for September 06, 2013 Scana Corporation ( SCG ) will begin trading ex-dividend on September 06, 2013. A cash dividend payment of $0.5075 per share is scheduled to be paid on October 01, 2013. Shareholders who purchased SCG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that SCG has paid the same dividend. At the current stock price of $47.03, the dividend yield is 4.32%. The previous trading day's last sale of SCG was $47.03, representing a -13.56% decrease from the 52 week high of $54.41 and a 5.17% increase over the 52 week low of $44.72. SCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). SCG's current earnings per share, an indicator of a company's profitability, is $3.4. Zacks Investment Research reports SCG's forecasted earnings growth in 2013 as 6.91%, compared to an industry average of 1.3%. For more information on the declaration, record and payment dates, visit the SCG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""PEPCO Holdings, Inc. (POM) Ex-Dividend Date Scheduled for September 06, 2013 PEPCO Holdings, Inc. ( POM ) will begin trading ex-dividend on September 06, 2013. A cash dividend payment of $0.27 per share is scheduled to be paid on September 30, 2013. Shareholders who purchased POM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 23rd quarter that POM has paid the same dividend. At the current stock price of $18.53, the dividend yield is 5.83%. The previous trading day's last sale of POM was $18.53, representing a -18.44% decrease from the 52 week high of $22.72 and a 0.6% increase over the 52 week low of $18.42. POM is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). POM's current earnings per share, an indicator of a company's profitability, is -$.98. Zacks Investment Research reports POM's forecasted earnings growth in 2013 as -7.37%, compared to an industry average of 1.3%. For more information on the declaration, record and payment dates, visit the POM Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-09-06,15.5321,15.7596,15.5222,15.5926,"Ameren Corporation (AEE) Ex-Dividend Date Scheduled for September 09, 2013 Ameren Corporation ( AEE ) will begin trading ex-dividend on September 09, 2013. A cash dividend payment of $0.4 per share is scheduled to be paid on September 30, 2013. Shareholders who purchased AEE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that AEE has paid the same dividend. At the current stock price of $32.84, the dividend yield is 4.87%. The previous trading day's last sale of AEE was $32.84, representing a -10.6% decrease from the 52 week high of $36.74 and a 15.51% increase over the 52 week low of $28.43. AEE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AEE's current earnings per share, an indicator of a company's profitability, is -$3.43. Zacks Investment Research reports AEE's forecasted earnings growth in 2013 as -13.1%, compared to an industry average of 1.1%. For more information on the declaration, record and payment dates, visit the AEE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AEE through an Exchange Traded Fund [ETF]? The following ETF(s) have AEE as a top-10 holding: WisdomTree Dividend Ex-Financials Fund ( DTN ) WisdomTree MidCap Dividend Fund ( DON ) QuantShares U.S. Market Neutral Value Fund ETF ( CHEP ). The top-performing ETF of this group is DON with an increase of 5.01% over the last 100 days. DTN has the highest percent weighting of AEE at 1.75%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-09-09,15.6102,15.6513,15.4558,15.5632,
EXC,2013-09-10,15.658,15.8242,15.5545,15.8095,
EXC,2013-09-11,15.7978,15.8242,15.4294,15.4968,
EXC,2013-09-12,15.4754,15.5595,15.3835,15.4441,
EXC,2013-09-13,15.4811,15.5428,15.4401,15.5222,
EXC,2013-09-16,15.6513,15.7802,15.4871,15.5495,"Xcel Energy Inc. (XEL) Ex-Dividend Date Scheduled for September 17, 2013 Xcel Energy Inc. ( XEL ) will begin trading ex-dividend on September 17, 2013. A cash dividend payment of $0.28 per share is scheduled to be paid on October 20, 2013. Shareholders who purchased XEL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.7% increase over the same period a year ago. At the current stock price of $27.64, the dividend yield is 4.05%. The previous trading day's last sale of XEL was $27.64, representing a -13.05% decrease from the 52 week high of $31.79 and a 6.97% increase over the 52 week low of $25.84. XEL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). XEL's current earnings per share, an indicator of a company's profitability, is $1.98. Zacks Investment Research reports XEL's forecasted earnings growth in 2013 as 4.51%, compared to an industry average of 1.1%. For more information on the declaration, record and payment dates, visit the XEL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to XEL through an Exchange Traded Fund [ETF]? The following ETF(s) have XEL as a top-10 holding: iShares MSCI USA Size Factor ( SIZE ). The top-performing ETF of this group is SIZE with an decrease of 0% over the last 100 days. It also has the highest percent weighting of XEL at 0.54%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-09-17,15.5369,15.6864,15.4871,15.6102,
EXC,2013-09-18,15.5115,16.0479,15.4704,15.959,
EXC,2013-09-19,15.9658,16.043,15.7235,15.8671,
EXC,2013-09-20,15.8701,15.8974,15.492,15.5018,"Top 5 Guru-Held Utilities Companies Using the GuruFocus Aggregated Portfolio Screener you can filter results to see what companies maintain the highest amount of guru ownership. By using this screener, we filtered down to see which utilities companies are held by the most gurus. As of the second quarter, the following five utilities companies are held by the largest number of gurus. NRG Energy ( NRG ) As of the close of the second quarter there were 12 guru owners of NRG Energy. During the past quarter there were six gurus buying shares of NRG and there were seven gurus making sells of their stake in the company. These gurus maintain a combined weighting of 11.78%. The top three guru shareholders of NRG Energy: 1. Hotchkis & Wiley: 14,246,987 shares, representing 4.41% of the company's shares outstanding and 1.9% of the fund's total portfolio. 2. Richard Perry : 6,696,138 shares, representing 2.07% of the company's shares outstanding and 4.6% of his total portfolio. 3. NWQ Managers : 4,587,242 shares, representing 1.42% of the company's shares outstanding and 1.1% of the fund's total assets managed. The company is a wholesale power generation and retail electricity company which produces and delivers energy and energy services in major competitive power markets in the U.S. NRG Energy's historical revenue and net income: The company recently announced that it had launched new retail business called NRG Residential Solutions. It is a new retail energy business that allows customers to customize their electricity plan based on their own personal needs. The Peter Lynch Chart suggests that the company is currently overvalued : NRG Energy has a market cap of $8.91 billion. Its shares are currently trading at around $27.60 with a P/E ratio of 25.20, a P/S ratio of 0.80 and a P/B ratio of 0.90. Exelon Corp. ( EXC ) As of the close of the second quarter there were 12 guru owners of Exelon Corp. During the past quarter there were five gurus buying shares of EXC and there were six gurus making sells of their stake in the company. These gurus maintain a combined weighting of 6.06%. The top three guru shareholders of Exelon: 1. Hotchkis & Wiley: 14,208,753 shares, representing 1.66% of the company's shares outstanding and 2.2% of their total portfolio. 2. Brian Rogers: 7,006,400 shares, representing 0.82% of the company's shares outstanding and 0.86% of his total portfolio. 3. Manning & Napier: 4,594,270 shares, representing 0.54% of the company's shares outstanding and 0.75% of the fund's assets managed. Exelon Corporation, a public utility holding company, operates through its principal subsidiaries: ComEd, PECO and Generation. The company is the nation's leading competitive energy, with 2012 revenues of about $23.5 billion. Exelon's historical revenue and net income: The analysis on Exelon reports that the company's dividend yield is at a 1-year low, they have issued $1.2 billion of debt over the past three years, its price is nearing a 10-year low and its P/B and P/S ratios are also nearing 10-year lows. The Peter Lynch Chart suggests that Exelon is currently overvalued : Exelon has a market cap of $25.93 billion. Its shares are currently trading at around $30.27 with a P/E ratio of 22.50, a P/S ratio of 1.00 and a P/B ratio of 1.20. The company's dividend yield is at 5.50%. The company also had an average earnings growth of 4.8% over the past ten years. American Electric Power ( AEP ) As of the close of the second quarter there were 10 guru owners of American Electric Power. During the past quarter there were six gurus buying shares of AEP and there were two gurus making sells of their stake in the company. These gurus maintain a combined weighting of 0.97%. The top three guru shareholders of American Electric Power: 1. Pioneer Investments: 2,290,247 shares, representing 0.47% of the company's shares outstanding and 0.43% of his total portfolio. 2. Jim Simons: 1,033,300 shares, representing 0.21% of the company's shares outstanding and 0.12% of his total portfolio. 3. John Hussman: 100,000 shares, representing 0.02% of the company's shares outstanding and 0.2% of Hussman's assets managed. American Electric Power is a public utility holding company that owns, directly or indirectly, all of the outstanding common stock of its public utility subsidiaries and varying percentages of other subsidiaries. The service areas of the Company's public utility subsidiaries cover portions of eleven states. American Electric Power's historical revenue and net income: The company recently announced that it would be retiring its entire Tanners Creek Plant in Indiana. They also announced that their CFO would be addressing their investors at the Barclays Capital Conference. You can read about more recent happenings at American Electric Power here. The Peter Lynch Chart suggests that the company is currently overvalued : American Electric Power has a market cap of $21.29 billion. Its shares are currently trading at around $43.73 with a P/E ratio of 17.50, a P/S ratio of 1.40 and a P/B ratio of 1.40. The dividend yield of American Electric Power stocks is 4.30%. The company had an annual average earnings growth of 1.9% over the past ten years. Calpine Corp. ( CPN ) As of the close of the second quarter there were 9 guru owners of Calpine Corp. During the past quarter there were four gurus buying shares of CPN and there were five gurus making sells of their stake in the company. These gurus maintain a combined weighting of 10.52%. Top three guru shareholders of Calpine: 1. RS Investment Management: 21,154,942 shares, representing 4.82% of the company's shares outstanding and 3.3% of the fund's total portfolio. 2. Larry Robbins: 6,145,659 shares, representing 1.4% of the company's shares outstanding and 1.2% of his total portfolio. 3. Richard Perry: 3,386,423 shares, representing 0.77% of the company's shares outstanding and 1.8% of his total portfolio. Calpine is an independent wholesale power generation company which owns and operates natural gas-fired and geothermal power plants in North America. The Company sells wholesale power, renewable energy credits and ancillary services to its customers, including industrial companies, retail power providers, independent electric system operators, marketers and others. Calpine's historical revenue and net income: The company recently announced that they have begun commercial operations in two new Calpine power plants in California. The analysis on Calpine reports that the company's revenue has been in decline for the past five years, its operating margin is expanding and its P/S ratio is nearing a 1-year low. Calpine has a market cap of $8.56 billion. Its shares are currently trading at around $19.51 with a P/E ratio of 26.20, a P/S ratio of 1.40 and a P/B ratio of 2.40. Entergy Corp. ( ETR ) As of the close of the second quarter there were nine guru owners of Entergy Corp. During the past quarter there were two gurus buying shares of ENR and there were five gurus making sells of their stake in the company. These gurus maintain a combined weighting of 5.97%. The top three guru shareholders of Entergy: 1. James Barrow: 10,302,465 shares, representing 5.78% of the company's shares outstanding and 1.2% of his total portfolio. 2. Richard Pzena: 4,027,053 shares, representing 2.26% of the company's shares outstanding and 1.9% of his total portfolio. 3. Brian Rogers: 3,854,700 shares, representing 2.16% of the company's shares outstanding and 1.1% of his total portfolio. Entergy Corporation is an integrated energy Company engaged primarily in electric power production and retail electric distribution operations. Entergy delivers electricity to 2.6 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. The Company operates primarily through two business segments: U.S. Utility and Non-Utility Nuclear. U.S. Entergy's historical revenue and net income: The company was recently named to the Dow Jones World and North America Sustainability Indices. The analysis on Entergy reports that the company has issued $1.8 billion of debt over the past three years, the dividend yield is near a 10-year high and the company's operating income has been at a loss for the past three years. The Peter Lynch Chart suggests that the company is currently undervalued : Entergy has a market cap of $11.34 billion. Its shares are currently trading at around $63.59 with a P/E ratio of 11.80, a P/S ratio of 1.10 and a P/B ratio of 1.20. The dividend yield of Entergy stocks is 5.20%. The company had an annual average earnings growth of 7.8%over the past ten years. You can check out other top held sectors of the market by using the Aggregated Screener here. Try a free 7-day premium membership. About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-09-23,15.4666,15.7909,15.2946,15.6513,"Stock Market News for September 23, 2013 - Market News Benchmarks were hammered during Friday's trading session after investors grew skeptical over discouraging comments regarding the tapering of the bond purchase program. On the international front, consumer sentiment of the Euro Zone region for the month of September increased to its highest level in the past two years. All the top ten S&P 500 industry groups ended in the red, among which utilities stocks suffered maximum losses. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article. The Dow Jones Industrial Average (DJI) lost 1.2% to close the day at 15,451.09. The S&P 500 decreased 0.7% to finish Friday's trading session at 1,709.92. The tech-laden Nasdaq Composite Index slipped 0.4% to end at 3,774.728. The fear-gauge CBOE Volatility Index (VIX) decreased 0.3% to settle at 13.12. Consolidated volumes on the New York Stock Exchange, American Stock Exchange and Nasdaq were roughly 8.43 billion shares, well above 2013's average of 6.24 billion shares. Declining stocks outnumbered the advancers. For 71% shares that declined, 27% advanced. Benchmarks gained steam after the Federal Reserve decided not to taper the massive $85 billion bond purchase program. However, during Friday's trading session, markets fizzled out after a couple of Fed officials made disparaging remarks regarding the decision. In spite of the benchmarks' battering on Friday, major indices managed to garner profits for the whole week. The Dow Jones, S&P 500 and the Nasdaq gained 0.6%, 1.3% and 1.4%, respectively. In an interview to Bloomberg, the president of the St. Louis Federal Reserve, James Bullard, said it is highly possible that the tapering of the bond purchase program might take place in the month of October. However, later in a speech given by him in New York, he contradicted himself by saying that the decision on tapering the bond purchase program will be taken patiently, especially since the inflation rate is nowhere near the pre-determined target. On the other hand, president of the Kansas City Federal Reserve, Esther George, disagreed with the Fed's decision of not scaling back the bond purchase program. She added that delaying the decision regarding the tapering of the bond purchase program will put the credibility of the Central bank at risk. On the international front, consumer confidence of the Euro Zone region improved to -14.9 in September compared to -15.6 in August. However, this is marginally below the market estimate of -14.5. Consumer sentiment for the European Union increased to -11.7 compared to -12.8 recorded in August. The Euro Zone region had emerged from the two year long recession on the back of improving economies of France and Germany. However, the recovery seems to be weak as economies of Greece, Portugal and Spain are yet to see the daylight. On the major economies of the Euro Zone region, Italy had to slash its growth expectations on Friday and will also take some severe steps to narrow the budget deficit to attain 3% growth rate. Utilities stocks were the biggest losers during yesterday's trading session. The Utilities SPDR (XLU) lost 1.5%. Stocks such as Public Service Enterprise Group Inc. (NYSE: PEG ), Exelon Corporation (NYSE: EXC ), NRG Energy Inc (NYSE: NRG ), FirstEnergy Corp. (NYSE: FE ) and American Electric Power Company Inc (NYSE: AEP ) lost 1.9%, 2.3%, 1.0%, 3.3% and 2.1%, respectively. Industrials stocks also had a very bad trading day. The Industrials SPDR (XLI) lost 1.2%. Stocks such as United Technologies Corporation (NYSE: UTX ), Honeywell International Inc. (NYSE: HON ), The Boeing Company (NYSE: BA ), Stanley Black & Decker, Inc. (NYSE: SWK ) and 3M Co (NYSE: MMM ) lost 2.2%, 1.5%, 2.0%, 1.5% and 1.3%, respectively. AMER ELEC PWR (AEP): Free Stock Analysis Report BOEING CO (BA): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report HONEYWELL INTL (HON): Free Stock Analysis Report 3M CO (MMM): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report STANLEY B&D INC (SWK): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-09-24,15.6727,15.7636,15.5632,15.702,"Stock Market News for September 24, 2013 - Market News Benchmarks posted losses for the third trading session in a row as Federal Reserve officials said they could taper the bond purchase program in late 2013. Investors were also concerned over an approaching deadline of a possible Government shutdown on Oct 1. On the international front, business activity in France grew at its fastest pace in September. Meanwhile, China's factory activity for the month of September grew to its highest point in past six months. Of the top ten S&P 500 industry groups, utilities stocks gained the most. Financial stocks suffered maximum losses. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article. The Dow Jones Industrial Average (DJI) lost 0.3% to close the day at 15,401.38. The S&P 500 decreased 0.5% to finish yesterday's trading session at 1,701.84. The tech-laden Nasdaq Composite Index slipped 0.3% to end at 3,765.29. The fear-gauge CBOE Volatility Index (VIX) increased 9.1% to settle at 14.31. Consolidated volumes on the New York Stock Exchange, American Stock Exchange and Nasdaq were roughly 5.8 billion shares, below 2013's average of 6.24 billion shares. Declining stocks outnumbered the advancers. For 56% shares that declined, 41% advanced. Benchmarks suffered losses nearly 0.5% after few Federal Reserve policymakers said the scaling back of massive $85 billion bond purchase program could start during the end of 2013. Losses from the past three trading days have erased the 1.2% gains it garnered during last week. President of the New York Federal Reserve, William said options for tapering the bond purchase program are ""still very much intact."" Additionally, president of the Dallas Federal Reserve, Richard Fisher, said he has pushed his colleagues to opt for a $10 billion cut on the massive bond purchase program. He further mentioned that not taking any relevant steps to scale back the bond purchase program might raise questions about the Central bank's credibility. On the international front, business activity for September grew at its fastest pace since the start of 2012. Business activity improved on the back of better-than-expected service sector performance. The service sector accounts for nearly 70% of the country's economy. The purchase managers' index (PMI) came in at 50.2, compared to 48.8 recorded in the month of August. This is also the first such positive sign, since the index has not exceeded 50since February 2012. Among the major constituents of the purchase managers' index, the service PMI came in at 50.7 from last month's reading of 48.9. This reading was also above analysts' estimate of 49.3. However, the biggest drag on the PMI index was the manufacturing PMI, which came in at 49.5, below previous month's reading of 49.7. Meanwhile, China's HSBC PMI came in at 51.2 compared to August's reading of 50.1. China's economy faced a slowdown in 12 out of the past 14 quarters. However, since the last two quarters the Chinese economy has been showing signs of stabilization and growth. Chinese exports have moved the economy back to a growth trajectory. New export orders came in at 50.8 compared to 47.2 in the previous month. During the second quarter, investors were sceptical over that fact that the Chinese economy may not achieve a 7.5% growth rate. However, in light of improving economic indicators, achieving this target seems possible. Utilities stocks gained the most during yesterday's trading session. The Utilities SPDR (XLU) gained 1.3%. Stocks such as Public Service Enterprise Group Inc. (NYSE: PEG ), Exelon Corporation (NYSE: EXC ), NRG Energy Inc (NYSE: NRG ), FirstEnergy Corp. (NYSE: FE ) and American Electric Power Company Inc (NYSE: AEP ) gained 1.4%, 1.0%, 1.5%, 2.7% and 1.4%, respectively. Financials stocks suffered maximum losses during yesterday's trading session. The Financials SPDR (XLF) lost 1.4%. Stocks such as Bank of America Corp (NYSE: BAC ), JPMorgan Chase & Co (NYSE: JPM ), Goldman Sachs Group Inc (NYSE: GS ), Wells Fargo & Co (NYSE: WFC ) and PNC Financial Services Group Inc (NYSE: PNC ) lost 2.1%, 2.5%, 2.7%, 1.3% and 1.5%, respectively. AMER ELEC PWR (AEP): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report GOLDMAN SACHS (GS): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report PNC FINL SVC CP (PNC): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-09-25,15.6678,15.7753,15.5428,15.5926,"[""Pacific Gas & Electric Co. (PCG) Ex-Dividend Date Scheduled for September 26, 2013 Pacific Gas & Electric Co. ( PCG ) will begin trading ex-dividend on September 26, 2013. A cash dividend payment of $0.455 per share is scheduled to be paid on October 15, 2013. Shareholders who purchased PCG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 15th quarter that PCG has paid the same dividend. At the current stock price of $42.19, the dividend yield is 4.31%. The previous trading day's last sale of PCG was $42.19, representing a -13.01% decrease from the 52 week high of $48.50 and a 7.09% increase over the 52 week low of $39.40. PCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PCG's current earnings per share, an indicator of a company's profitability, is $2.1. Zacks Investment Research reports PCG's forecasted earnings growth in 2013 as -18.24%, compared to an industry average of .7%. For more information on the declaration, record and payment dates, visit the PCG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PCG through an Exchange Traded Fund [ETF]? The following ETF(s) have PCG as a top-10 holding: Select Sector SPDR Fund - Utilities ( XLU ) iShares Dow Jones U.S. Utilities Index Fund ( IDU ) Vanguard Utilities ETF ( VPU ). The top-performing ETF of this group is IDU with an decrease of -5.91% over the last 100 days. XLU has the highest percent weighting of PCG at 4.07%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Integrys Energy Group (IEH) Ex-Dividend Date Scheduled for September 26, 2013 Integrys Energy Group ( IEH ) will begin trading ex-dividend on September 26, 2013. A cash dividend payment of $0.3167 per share is scheduled to be paid on October 31, 2013. Shareholders who purchased IEH stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $23.92, the dividend yield is 1.32%. The previous trading day's last sale of IEH was $23.92, representing a -2.67% decrease from the 52 week high of $24.57 and a 4.89% increase over the 52 week low of $22.80. IEH is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). For more information on the declaration, record and payment dates, visit the IEH Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-09-26,15.6259,15.6678,15.3533,15.4811,
EXC,2013-09-27,15.4441,15.5115,15.2183,15.3004,
EXC,2013-09-30,15.2663,15.3659,15.1353,15.2507,
EXC,2013-10-01,15.2663,15.3288,15.1569,15.2507,
EXC,2013-10-02,15.1793,15.3786,15.1021,15.2839,
EXC,2013-10-03,15.2008,15.2076,14.9712,15.0074,
EXC,2013-10-04,15.023,15.0952,14.979,15.0386,"Stock Market News for October 4, 2013 - Market News Stocks ended in negative territory on Thursday as the U.S government entered its third day of a partial shutdown. Benchmarks traded lower throughout the day but briefly extended losses after a shooting incident took place outside the U.S Capitol. Meanwhile, the number of Americans filing for unemployment benefits increased marginally. Another report released on the home front which was even more disappointing. Growth in the services sector cooled off in September after touching an eight-year high in August. On the international front, China's official services purchasing manager's index climbed to a six-month high. All ten sectors of the S&P 500 industry groups ended in the red, led by utilities and industrials. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) lost 0.9% to close the day at 14996.48. The S&P 500 declined 0.9% to finish yesterday's trading session at 1678.66. The tech-laden Nasdaq Composite Index fell 1.1% to end at 3774.34. The fear-gauge CBOE Volatility Index (VIX) jumped 6.5% to settle at 17.67. Consolidated volumes on the New York Stock Exchange, American Stock Exchange and Nasdaq were roughly 6.1 billion shares, lower than 2013's average of 6.3 billion shares. Declining stocks outnumbered the advancers. For 77% shares that declined, only 21% advanced. Markets opened lower yesterday and remained in negative territory throughout the day. But stocks extended losses after shots were fired outside the Capitol. The incident began in the afternoon after a lady in a black Infiniti sedan tried to enter the gates of the White House. She was chased by police and shots were exchanged near the Capitol. Ultimately, she was shot dead by the police. The incident happened when the House and the Senate were in session. Lawmakers are still struggling to resolve the ongoing budget issue. The Dow declined nearly 180 points after President Barack Obama said he would not meet Republicans' demands in return for renewing government operations. In an effort to resolve the issue Obama met Republicans and Democrats in Congress late Wednesday. After declining nearly 180 points, the Dow trimmed losses after The New York Times reported that House Speaker John Boehner told colleagues he is committed to avoid a situation where the United States defaults on its debt. On the home front, the U.S. Department of Labor reported initial claims numbers. According to the report, initial claims increased 1,000 to 308,000 from the previous week's revised figure of 307,000. This was below the consensus estimate of 319,000. The four week moving average decreased 3,750 to 305,000 from the prior week's revised of 308,750. Meanwhile, the Institute for Supply Management said service sector growth declined in September. According to the report, the services index fell to 54.4 in September from August's figure of 58.6. `This was considerably below the consensus estimate of a decline to 57.8. The Non-Manufacturing Business Activity Index decreased to 55.1 from 62.2. The New Orders Index and the Employment Index declined to 59.6 and 52.7 respectively. Due to the partial government shutdown, factory orders data was not released yesterday. On the international front, China's service sector index increased to a six-month high due to higher demand. The National Bureau of Statistics said the official services purchasing manager's index climbed to 55.4 in September from 53.9 in August. Utilities sector was the biggest loser among the S&P 500 industry groups and the Utilities SPDR (XLU) lost 1.2%. Stocks such as Public Service Enterprise Group Inc. (NYSE: PEG ), Exelon Corporation (NYSE: EXC ), PG&E Corporation (NYSE: PCG ), Consolidated Edison, Inc. (NYSE: ED ) and Edison International (NYSE: EIX ) slipped 1.4%, 1.8%, 1.7%, 1.0% and 0.7%, respectively. CONSOL EDISON (ED): Free Stock Analysis Report EDISON INTL (EIX): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-10-07,14.9565,15.1472,14.9204,14.9624,
EXC,2013-10-08,14.9311,15.2183,14.9311,15.0758,
EXC,2013-10-09,15.1402,15.4294,15.1021,15.2839,
EXC,2013-10-10,15.2946,15.5369,15.1402,15.5115,
EXC,2013-10-11,15.5281,15.7402,15.4607,15.6102,"Exelon Corp. Poised at Neutral - Analyst Blog On Oct 10, 2013, we have reiterated our Neutral recommendation on Exelon Corporation ( EXC ). The company currently has a Zacks Rank #3 (Hold). Why the Reiteration? Exelon's earnings per share in the previous quarter were 53 cents, missing the Zacks Consensus Estimate by a penny and the year-ago figure by 8 cents primarily due to lower energy margins at Generation segment, higher operating and maintenance costs, and an increase in depreciation expenses. Exelon continues to maintain a strong financial position along with stable cash generation capacity. The company's cash balance improved to $0.96 billion as of Jun 30, 2013 from $0.7 billion as of Mar 31, 2013. During the first six months of 2013, the company's cash generated from operating activities was $1.2 billion. A stable financial position enables Exelon to follow a steady organic and inorganic growth strategy. The company is currently focusing on installing smart meters and smart grids at the utilities operations, and intends to invest approximately $2.5 billion for this purpose. Successful completion of these projects will help Exelon to provide uninterrupted services to its customers at lower electricity rates, while reducing breakdowns and operating costs. Exelon is also expanding its renewable portfolio and plans to spend $0.8 billion between 2013 and 2014. The company has already acquired a 230-megawatt solar photovoltaic project, Antelope Valley, from First Solar, Inc. ( FSLR ). These initiatives will enable the company to produce additional carbon-free power in the coming years. The additional output will help the company to fulfill the Environmental Protection Agency's regulations coming into effect in late 2014. On the flip side, Exelon's generation and energy delivery businesses are highly regulated. We note that changes in regulations could interrupt the company's business plans, which in turn, may impact its performance going forward. Exelon's performance depends on price fluctuations in the wholesale power markets. Wholesale power prices are dependent on supply and demand, which in turn, are determined by several factors like fuel prices. In addition, an impact of economic condition, and implementation of energy efficiency and energy demand response programs could influence Exelon's future results. Other Stocks to Consider Other stocks from the industry that are presently performing well include Brookfield Infrastructure Partners L.P. ( BIP ) and Alliant Energy Corporation ( LNT ), each with a Zacks Rank #2 (Buy). BROOKFIELD INFR (BIP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report FIRST SOLAR INC (FSLR): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-10-14,15.5281,15.5369,15.2301,15.4441,
EXC,2013-10-15,15.3903,15.409,15.1519,15.1891,
EXC,2013-10-16,14.8989,15.0533,14.7103,14.7905,"[""Mattel beats third quarter earnings and revenue estimates Mattel beats third quarter earnings and revenue estimates Julian Close 10/16/2013 Shares of Mattel ( MAT ) are trading higher this Wednesday morning, after the company announced its third quarter results. The company earned $1.21 per share, which beat The Street's estimate by 8%. Revenue was also slightly better than was forecast. Matel further claimed to have experienced growth in every region of the world in the third quarter, including an increase of 4% in European sales, despite Europe's toy industry's having had flat sales. Mattel ( MAT ) is a global toy company comprising many well known brands including Barbie and Matchbox. VisionChina ( VISN ) and Abbot Labs ( ABT ) top the list of other companies with positive news today, while Stanley Black and Decker ( SWK ) and Exelon ( EXC ) top the list of companies with negative news. IK-> The technicals for MAT are bearish with a possible trend reversal. Support and resistance are not clear. The stock is up 3.6% today at $43.06. The company reported earnings today. Look at the January 36/38 bull-put spread for at least a $0.20 credit. USE LIMIT ORDERS. This trade has a target return of 11.1% and the stock has to fall 11.8% to cause a problem. [InvestorsKeyhole, Various news and data services] The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Originally published on InvestorsObserver.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for October 16, 2013 - Market News Benchmarks ended sharply lower as ongoing discussions between Democrats and Republicans on the debt ceiling limit and partial government shutdown failed to lift investor sentiment. Lack of progress on the debt ceiling impasse halted the four consecutive days of gains for the Dow and the S&P 500. Meanwhile, manufacturing activity in the New York region declined to its lowest level in five months. All ten sectors in the S&P 500 industry groups ended in the red led by utilities and industrial sector. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) slipped 0.9% to close the day at 15168.01. The S&P 500 declined 0.7% to finish yesterday's trading session at 1698.06. The tech-laden Nasdaq Composite Index fell 0.6% to end at 1698.06. The fear-gauge CBOE Volatility Index (VIX) jumped 16.1% to settle at 18.66. Consolidated volumes on the New York Stock Exchange, American Stock Exchange and Nasdaq were roughly 5.12 billion shares, considerably lower than 2013's average of 6.0 billion shares. Declining stocks outnumbered the advancers. For 75% shares that declined, only 23% advanced. Benchmarks opened marginally lower and were in negative territory throughout the trading session. But stocks extended their losses in the final hour of the trading after Senator Dick Durbin said discussions over the fiscal impasse had been suspended on Tuesday. They are expected to resume once Speaker of the United States House of Representatives John Boehner outlines a fiscal plan that can be presented to the House of Representatives. As time passes, investors are getting increasingly worried about the debt ceiling deadline. Democrats and Republicans lawmakers need to increase the debt ceiling limit by October 17 to save the country from a possible default on its debt. Democrats have rejected a proposal from House Republicans to end the partial government shutdown. Senate Majority Leader Harry Reid criticized the proposal and said: \""I am very disappointed in John Boehner, who once again tried to preserve his role at the expense of the country.\"" On the earnings front, Citigroup Inc (NYSE: C ) reported third quarter results. The company's earnings and sales came in below the Street's estimates. The company's weaker-than-expected earnings were primarily due to a fall in bond trading revenue which has declined by $1 billion. The company's shares declined 1.5% yesterday. On the other hand, The Coca-Cola Company (NYSE: KO ) reported its third quarter earnings which came in line with the Street's estimates. However, revenue fell slightly short of expectations. The company's revenue dropped 3% to $12.03 billion from $12.34 billion. Shares of Johnson & Johnson (NYSE: JNJ ) moved slightly higher after the company announced its quarterly results. Both earnings and revenue came in above the Street's estimates. Johnson & Johnson's better-than-expected quarterly results were primarily boosted by robust growth for its prescription drugs. On the home front, manufacturing activity in New York declined sharply in the month of October. According to the Federal Reserve Bank of New York, the general business conditions index declined to 1.52 in October from previous month's figure of 6.29. This was considerably below the consensus estimate of 5.3. However, the new orders index jumped to 7.75 from 2.35. But the shipments index declined to 13.12 from 16.43. Utilities sector was the biggest loser among the S&P 500 industry groups and the Utilities SPDR (XLU) lost 1.4%. Stocks such as Public Service Enterprise Group Inc. (NYSE: PEG ), Exelon Corporation (NYSE: EXC ), PG&E Corporation (NYSE: PCG ), Consolidated Edison, Inc. (NYSE: ED ) and Duke Energy Corp (NYSE: DUK ) slipped 1.4%, 1.7%, 2.1%, 1.2% and 1.1%, respectively. CITIGROUP INC (C): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report CONSOL EDISON (ED): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report JOHNSON & JOHNS (JNJ): Free Stock Analysis Report COCA COLA CO (KO): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Apple extends gains on price target hike Shares of Apple Inc. extend winning streak Wednesday on the heels of a price target hike while Twitter attracts plenty of attention ahead of its initial public offering.""]"
EXC,2013-10-17,14.7621,15.1255,14.6019,14.941,
EXC,2013-10-18,14.9517,14.9624,14.7719,14.7905,
EXC,2013-10-21,14.812,14.8941,14.5961,14.7035,
EXC,2013-10-22,14.7142,14.8168,14.515,14.7621,
EXC,2013-10-23,14.6019,14.6625,14.2726,14.3908,
EXC,2013-10-24,14.3498,14.4768,14.1886,14.2726,
EXC,2013-10-25,14.2775,14.386,14.2169,14.386,
EXC,2013-10-28,14.2258,14.4983,14.2258,14.4397,"[""NiSource, Inc (NI) Ex-Dividend Date Scheduled for October 29, 2013 NiSource, Inc ( NI ) will begin trading ex-dividend on October 29, 2013. A cash dividend payment of $0.25 per share is scheduled to be paid on November 20, 2013. Shareholders who purchased NI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.17% increase over the same period a year ago. At the current stock price of $32.32, the dividend yield is 3.09%. The previous trading day's last sale of NI was $32.32, representing a -0.62% decrease from the 52 week high of $32.52 and a 39.67% increase over the 52 week low of $23.14. NI is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NI's current earnings per share, an indicator of a company's profitability, is $1.55. Zacks Investment Research reports NI's forecasted earnings growth in 2013 as 8.97%, compared to an industry average of .2%. For more information on the declaration, record and payment dates, visit the NI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to NI through an Exchange Traded Fund [ETF]? The following ETF(s) have NI as a top-10 holding: Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ) WisdomTree MidCap Dividend Fund ( DON ). The top-performing ETF of this group is DON with an increase of 12.26% over the last 100 days. RYU has the highest percent weighting of NI at 2.8%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Integrys Energy Group (IEH) Ex-Dividend Date Scheduled for October 29, 2013 Integrys Energy Group ( IEH ) will begin trading ex-dividend on October 29, 2013. A cash dividend payment of $0.3167 per share is scheduled to be paid on November 01, 2013. Shareholders who purchased IEH stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $24.41, the dividend yield is 1.3%. The previous trading day's last sale of IEH was $24.41, representing a -1.17% decrease from the 52 week high of $24.70 and a 7.07% increase over the 52 week low of $22.80. IEH is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). For more information on the declaration, record and payment dates, visit the IEH Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Billionaire Backers on a Shifting Sea of 52-Week Lows In two months, the number of U.S. stocks on a 52-week low has dropped from over a thousand companies to today's 573 stocks. But the virtual sea of 52-week lows is by no means overfished. Check out the GuruFocus 52-week low screener to find not only U.S. stocks with possible deep value but also thousands of others around the world. Utilities, banking and real estate investment trusts are three industry sectors that have changed dramatically in just 60 days. Here are some sector highlights on a 52-week low, with billionaire backers and in some cases, active insiders and yield. Utilities - Regulated Two months ago, this sector had 59 stocks out of 154 on a 52-week low. Today the regulated utilities sector has 24 stocks out of 155 on a 52-week low, and the low ratio is 0.15. Highlight: Exelon Corp. ( EXC ) The EXC share price is currently $28.01 or 25.9% off the 52-week high of $37.80. Its yield is 5.97%. Down 22% over 12 months, Exelon Corp. has a market cap of $23.99 billion and is traded at a P/E of 20.70. Incorporated in 1999, Chicago-based Exelon Corporation is a public utility holding company and one of the largest competitive power generators in the US. The company operates through its principal subsidiaries, ComEd, PECO and Generation, to deliver electricity and natural gas to approximately 6.6 million customers in Maryland, Illinois , and Pennsylvania. Exelon has operations and business activities in 47 states, the District of Columbia and Canada. Guru Action: Twelve gurus hold EXC shares , as of June 30, 2013, and there is recent insider selling. Hotchkis & Wiley is the top guru stakeholder, holding 14,208,753 shares or 1.66% of shares outstanding. The firm increased its position by 23.43% in the second quarter of 2013, buying 2,696,907 shares at an average price of $34.01, for a loss of 17.6%. The five-year trading history shows all losing quarters. The firm averaged a loss of 39% on 15,056,534 shares bought at an average price of $46.25 per share. The firm also lost 38% selling 4,709,801 shares at an average price of $44.96 per share. Tracking share price, revenue and net income: Banks Two months ago, this sector had 94 stocks out of 657 on a 52-week low. Today the banking sector has 49 stocks out of 624 on a 52-week low, and the low ratio is 0.08. Highlight: Berkshire Bancorp ( BERK ) The BERK share price is currently $7.83 or 13% off the 52-week high of $9.00. Its yield is 1.00%. Down 6% over 12 months, Berkshire Bancorp has a market cap of $115.4 million and is traded at a P/E of 12.90. Berkshire Bancorp Inc. is a bank holding company whose principal activity is the ownership and management of its indirect wholly-owned subsidiary, The Berkshire Bank , a state-chartered commercial bank in New York. Guru Action: As of June 30, 2013, one guru holds BERK shares and there is recent insider trading. As of June 30, 2013, Jim Simons reduced his position by 4.67%, selling 500 shares at an average price of $8.22 per share, and taking a loss of 4.7%. Simons has held for two quarters, averaging a loss of 5% on 10,700 shares bought at an average price of $8.28 per share. Tracking share price, revenue and net income: Real Estate Investment Trusts At the end of August, this sector had 86 stocks out of 176 on a 52-week low. Today the REITs sector has 34 stocks out of 182 on a 52-week low, and the low ratio is 0.19. Highlight: Gyrodyne Company of America ( GYRO ) The GYRO share price is currently $73.85 or 35.7% off the 52-week high of $114.80. The company does not pay a dividend. Down 31% over 12 months, Gyrodyne Company of America has a market cap of $109.2 million and is traded at a P/B of 1.70. Organized in 1946, Gyrodyne Company of America Inc. is a self-managed and self-administered real estate investment trust (REIT). The company's primary business is the investment in and the acquisition, ownership and management of a geographically diverse portfolio of medical office and industrial properties. The company also develops industrial and residential properties. Guru Action: As of June 30, 2013, two gurus hold GYRO shares. There is no recent insider trading to report. As of June 30, 2013, Michael Price is the top guru stakeholders, holding 47,210 shares or 3.19% of shares outstanding. His five-year trading history shows mixed results, making a rare gain of 1.5% holding 47,210 shares at an average price of $72.73 per share. Price averaged a loss of 12% on 45,019 shares bought at an average price of $83.59 per share. He also lost 16% selling 3,200 shares at an average price of $88.08 per share. Tracking share price, revenue and net income: If you are not a Premium Member, we invite you for a 7-day Free Trial . GuruFocus Real Time Picks reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only. Check out the GuruFocus special feature52-week low screenerto find the stocks hitting new lows but are still held by top investor Gurus and Insiders. About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Can Wisconsin Energy (WEC) Keep Earnings Streak Alive? - Analyst Blog We expect diversified utility company Wisconsin Energy Corporation ( WEC ) to beat expectations when it reports third-quarter 2013 results on Oct 30, 2013. Why a Likely Positive Surprise? Our proven model shows that Wisconsin Energy is likely to beat earnings because it has the right combination of key factors. Positive Zacks ESP:Earnings ESP (Expected Surprise Prediction), which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is +1.79%. This is meaningful and a leading indicator of a likely positive earnings surprise for this company. Zacks #2 Rank (Buy): We note that stocks with Zacks Ranks of #1, 2 and 3 have a significantly higher chance of beating earnings. The Sell-rated stocks (#4 and 5) should never be considered while going into an earnings announcement. The combination of Wisconsin Energy's Zacks Rank #2 (Buy) and +1.79% ESP make us confident of a positive earnings beat on Oct 30. What is Driving the Better-than-Expected Earnings? We appreciate Wisconsin Energy's effort toward upgrading existing infrastructure while adding new assets. The company continuously invests substantial amounts to improve its aging distribution infrastructure, constructing blocks and installing pipes and poles. These initiatives will enable the company to provide uninterrupted services to its customers, thereby improving reliability. We expect demand for utility to improve in the upcoming quarters, on the heels of gradual improvement at the state of Wisconsin's economy, drop in unemployment rate and customer switching to natural gas from propane. In addition, increase in customer counts will also help Wisconsin Energy to improve its performance. Wisconsin Energy has completed a 10-year \""Power the Future\"" plan. These initiatives will help the company to generate adequate electricity to meet the growing demand for power in its service areas, that reflected in its last four earnings beat with an average earnings surprise of 10.03%. We expect this initiative will continue to benefit the company and its positive effects will reflect in the results of the company. Other Stocks to Consider Wisconsin Energy is not the only company looking up this earnings season. We also see likely earnings beat coming from other utility providers. Alliant Energy Corp. ( LNT ), Earnings ESP of +4.55% and Zacks Rank #2 (Buy). Cleco Corp. ( CNL ), Earnings ESP of +1.91% and Zacks Rank #2 (Buy). Exelon Corp. ( EXC ), Earnings ESP of +1.49% and Zacks Rank #3 (Hold). CLECO CORP (CNL): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-10-29,14.4397,14.5853,14.3176,14.4309,"[""UNITIL Corporation (UTL) Ex-Dividend Date Scheduled for October 30, 2013 UNITIL Corporation ( UTL ) will begin trading ex-dividend on October 30, 2013. A cash dividend payment of $0.345 per share is scheduled to be paid on November 15, 2013. Shareholders who purchased UTL stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 56th quarter that UTL has paid the same dividend. At the current stock price of $31.74, the dividend yield is 4.35%. The previous trading day's last sale of UTL was $31.74, representing a -1.03% decrease from the 52 week high of $32.07 and a 31.42% increase over the 52 week low of $24.15. UTL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). UTL's current earnings per share, an indicator of a company's profitability, is $1.48. Zacks Investment Research reports UTL's forecasted earnings growth in 2013 as 4.2%, compared to an industry average of -.4%. For more information on the declaration, record and payment dates, visit the UTL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Entergy Beats on Earnings and Revs - Analyst Blog Before the bell, Entergy Corp. ( ETR ) posted operational earnings of $2.41 per share, ahead of the Zacks Consensus Estimate of $2.29 by 5.2% and the year-ago profit of $1.95 by 23.6%. The significant increase came on the back of higher net revenue and a lower effective income tax rate, partially offset by higher non-fuel operation and maintenance and depreciation expenses. Operational Results Revenue in the reported quarter boosted 13.1% year over year to $3,352.0 million. The top line also surpassed the Zacks Consensus Estimate of $3,142.0 million. Of this Electricity revenue was up 16.6% to $2,704.8 million and Natural Gas sales increased almost 10.9% to $26.1 million, while Competitive Business revenue increased marginally by 0.2% to $621.0 million. Segment Results Utility Utility's quarterly earnings were $348.0 million on an as-reported basis and $363.3 million on an operational basis, compared with $296.2 million on as-reported and $306.8 million on operational basis in the third quarter 2012. The year-over-year increase was largely due to higher net revenue and lower income tax expense. However, the positives were partly tempered by higher non-fuel operation and maintenance and depreciation expenses. Entergy Wholesale Commodities Entergy Wholesale Commodities' as-reported loss was $92.8 million while operational earnings were $82.3 million for third quarter 2013. During the corresponding quarter last year, earnings on an as-reported as well as operational basis were $86.8 million. The drop was attributable to higher depreciation expense. Parent & Other The Parent & Other segment narrowed its loss in the reported quarter as lower income tax expense positively affected results. The unit reported a loss of $15.3 million on both as-reported basis and an operational basis for third quarter 2013. This compares to a loss of $45.9 million on an as-reported and operational basis in the third quarter 2012. Financial Condition The company generated $1,083.6 million of net cash from operating activities compared with $1,031.9 million in the third quarter 2012. Cash and cash equivalents at the end of the reported period were $365.3 million versus $532.6 million at year-end 2012. Long-term debt decreased to $12,275.5 million from $13,473 million at year-end 2012. Guidance Entergy maintained its 2013 earnings guidance in the range of $4.60 to $5.40 per share on an operational basis. The company also initiated its 2014 operational earnings in the range of $4.60 to $5.40 per share. Zacks Rank Entergy \u2212 the second largest U.S. nuclear power generator after Exelon Corporation ( EXC ) \u2212 has a Zacks Rank #2 (Buy). Entergy is well positioned due to its geographically diverse mix of regulated and merchant operations. Initiatives like human capital management taken by the company will help in achieving its growth objectives. Other stocks that are worth considering in the space are Alliant Energy Corporation ( LNT ) and Brookfield Infrastructure Partners L.P. ( BIP ), both with a Zacks Rank #2 (Buy). BROOKFIELD INFR (BIP): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for October 30, 2013 : CMCSA, GM, PSX, SO, PX, ADP, AMT, HES, GLW, CMCSK, EXC, TEL The following companies are expected to report earnings prior to market open on 10/30/2013. Visit our Earnings Calendar for a full list of expected earnings releases. Comcast Corporation ( CMCSA ) is reporting for the quarter ending September 30, 2013. The cable tv company's consensus earnings per share forecast from the 22 analysts that follow the stock is $0.60. This value represents a 30.43% increase compared to the same quarter last year. CMCSA missed the consensus earnings per share in the 4th calendar quarter of 2012 by -1.89%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CMCSA is 19.77 vs. an industry ratio of 27.40. General Motors Company ( GM ) is reporting for the quarter ending September 30, 2013. The auto (domestic) company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.91. This value represents a 2.15% decrease compared to the same quarter last year. GM missed the consensus earnings per share in the 4th calendar quarter of 2012 by -2.04%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for GM is 10.59 vs. an industry ratio of 124.30. Phillips 66 ( PSX ) is reporting for the quarter ending September 30, 2013. The oil refining company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.91. This value represents a 69.36% decrease compared to the same quarter last year. PSX missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -18.92%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PSX is 10.78 vs. an industry ratio of 13.50. Southern Company ( SO ) is reporting for the quarter ending September 30, 2013. The electric power utilities company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.11. This value represents a no change for the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for SO is 15.60 vs. an industry ratio of 17.60. Praxair, Inc. ( PX ) is reporting for the quarter ending September 30, 2013. The chemical company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.52. This value represents a 9.35% increase compared to the same quarter last year. In the past year PX has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PX is 20.85 vs. an industry ratio of 13.90, implying that they will have a higher earnings growth than their competitors in the same industry. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending September 30, 2013. The outsourcing company's consensus earnings per share forecast from the 16 analysts that follow the stock is $0.66. This value represents a 6.45% increase compared to the same quarter last year. ADP missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -1.75%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for ADP is 23.95 vs. an industry ratio of 15.10, implying that they will have a higher earnings growth than their competitors in the same industry. American Tower Corporation (REIT) ( AMT ) is reporting for the quarter ending September 30, 2013. The reit company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.53. This value represents a 99.95% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for AMT is 45.37 vs. an industry ratio of 16.00, implying that they will have a higher earnings growth than their competitors in the same industry. Hess Corporation ( HES ) is reporting for the quarter ending September 30, 2013. The oil company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.45. This value represents a 2516.67% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for HES is 12.93 vs. an industry ratio of 12.10, implying that they will have a higher earnings growth than their competitors in the same industry. Corning Incorporated ( GLW ) is reporting for the quarter ending September 30, 2013. The communications company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.32. This value represents a 8.57% decrease compared to the same quarter last year. In the past year GLW has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 3.23%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for GLW is 13.73 vs. an industry ratio of 21.00. Comcast Corporation ( CMCSK ) is reporting for the quarter ending September 30, 2013. The cable tv company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.63. This value represents a 36.96% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CMCSK is 18.84 vs. an industry ratio of 27.40. Exelon Corporation ( EXC ) is reporting for the quarter ending September 30, 2013. The electric power utilities company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.66. This value represents a 14.29% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for EXC is 11.36 vs. an industry ratio of 17.60. TE Connectivity Ltd. ( TEL ) is reporting for the quarter ending September 30, 2013. The electrical instrument company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.90. This value represents a 18.42% increase compared to the same quarter last year. In the past year TEL has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 6.02%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for TEL is 16.62 vs. an industry ratio of 6.50, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CMS Energy Corporation (CMS) Ex-Dividend Date Scheduled for October 30, 2013 CMS Energy Corporation ( CMS ) will begin trading ex-dividend on October 30, 2013. A cash dividend payment of $0.255 per share is scheduled to be paid on November 27, 2013. Shareholders who purchased CMS stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CMS has paid the same dividend. At the current stock price of $28.05, the dividend yield is 3.64%. The previous trading day's last sale of CMS was $28.05, representing a -6.44% decrease from the 52 week high of $29.98 and a 24.34% increase over the 52 week low of $22.56. CMS is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). CMS's current earnings per share, an indicator of a company's profitability, is $1.53. Zacks Investment Research reports CMS's forecasted earnings growth in 2013 as 6.53%, compared to an industry average of -.4%. For more information on the declaration, record and payment dates, visit the CMS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-10-30,14.6673,14.8686,14.3059,14.6898,"[""Exelon Beats on Earnings and Revs - Analyst Blog Exelon Corporation ( EXC ) announced third-quarter 2013 pro forma earnings of 78 cents per share, surpassing the Zacks Consensus Estimate by 12 cents. Quarterly earnings edged up 1.3% year over year on the back of robust performance from the generating assets, positive outcomes from strategic investments, improvement in capacity prices associated with the Reliability Pricing Model for the PJM Interconnection, LLC market and operating and maintenance synergies related to the Constellation-merger. The results excluded unrealized gain related to nuclear of 3 cents, a mark-to-market gain of 17 cents from the economic hedging activities, a penny charge for the asset retirement obligations, the Constellation-merger and integration costs of 3 cents, a 5 cents charge for the amortization of commodity contract intangibles and long-lived asset impairment charges of 3 cents. Including these one time charges and gains, the company's earnings were 86 cents compared with 35 cents in the year-ago quarter. Total Revenue Exelon's total operating revenues were $6.5 billion, beating the Zacks Consensus Estimate by $0.2 billion. However, quarterly revenues edged down 1.2% year over year primarily due to lower sales figures at the company's Commonwealth Edison Company (\""ComEd\"") and PECO Energy Company (\""PECO\"") businesses. This was partially offset by a rise in revenues from Baltimore Gas and Electric (\""BGE\"") and Generation operations. Quarterly Highlights In the quarter under review, total operating expenses declined 11.7% year over year to $5.3 billion, mainly due to a decrease in purchase power and fuel expenses as well as operating and maintenance expenses. Decline in operating expenses offset the decline in revenue, resulting in an operating income of $1.3 billion, up 108% year over year. Financial Update Exelon ended the quarter with cash and cash equivalents of $1.6 billion, up from $1.4 billion at the end of 2012. Long-term debt as of Sep 30, 2013 totaled $17.6 billion, up from $17.2 billion as of Dec 31, 2012. During the first nine months of 2013, net cash flows provided by operating activities was $4.4 billion versus $4.6 billion in the year-ago comparable period. Exelon' capital expenditure was $3.9 billion during the first nine months of 2013 compared with $4.1 billion in the prior-year period. Hedges Exelon's hedging program involves hedging of the commodity risks for expected generation, typically on a ratable basis over a three-year period. The proportion of expected generation hedged as of Sep 30, 2013, is 97% - 100% for 2013, 84% - 87% for 2014, and 48% - 51% for 2015. Guidance Exelon narrowed its full-year 2013 guidance to $2.40 - $2.60 per share from the earlier projection of $2.35 - $2.65 per share. Peer Comparison Entergy Corp. ( ETR ) posted operational earnings of $2.41 per share, ahead of the Zacks Consensus Estimate of $2.29 by 5.2%. Zacks Rank Exelon currently has a Zacks Rank #3 (Hold). However, other stocks from the industry that are presently performing well include NRG Yield, Inc. ( NYLD ) and UNS Energy Corporation ( UNS ), each with a Zacks Rank #1 (Strong Buy). ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NRG YIELD INC-A (NYLD): Free Stock Analysis Report UNS ENERGY CORP (UNS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Southern Company Q3 Earnings Disappoint - Analyst Blog Electric utility firm Southern Company ( SO ) reported third quarter 2013 earnings per share (excluding certain one-time charges) of $1.08, 3 cents below the Zacks Consensus Estimate as well as the year-ago adjusted profit of $1.11. The weak results could be attributed to lower usage on the back of mild weather conditions, further hamstrung by spiraling expenses. The Atlanta, Georgia-based power supplier's quarterly revenue - at $5,017.0 million - could not surpass the Zacks Consensus Estimate of $5,383.0 million. Moreover, Southern Company's revenue came 0.6% lower than the third quarter 2012 level of $5,049.0 million. Overall Sales Breakup Milder-than-normal temperatures across Southern Company's core Southeast market curbed electricity demand. This brought about a downward movement in overall electricity sales and usage. Total electricity sales during the third quarter deteriorated 2.9% from the same period last year. Southern Company's total retail sales fell by 1.5%, reflecting lower demand from residential customers, which decreased by 5.3%. Commercial sales registered a year-over-year downward movement of 1.3%. However, industrial sales were up by a healthy 2.6%, providing some cushion to Southern Company's third quarter results. With approximately a third of the company's total retail sales coming from industrial customers, direction of the economy significantly affects the fortunes of Southern Company, as compared to other utilities that are less dependent on the industrial component. Expenses Summary Southern Company's operations and maintenance cost increased 2.4% to $928.0 million, while the company's total operating expense for the period - at $3,526.0 million - was approximately 6.6% higher than the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. ( EXC ) and Duke Energy Corp. ( DUK ) - currently retains a Zacks Rank #3 (Sell), implying that it is expected to underperform the broader U.S. equity market over the next one to three months. Meanwhile, one can look at UNS Energy Corp. ( UNS ) as a good buying opportunity. This electric utility stock - sporting a Zacks Rank #1 (Strong Buy) - offers tremendous value and is worth buying now. DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report UNS ENERGY CORP (UNS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-10-31,14.7182,14.8344,14.4729,14.6849,
EXC,2013-11-01,14.7406,14.807,14.64,14.7523,"Northeast Utilities Misses on Earnings & Revs - Analyst Blog Northeast Utilities ( NU ) announced third-quarter 2013 adjusted earnings of 69 cents per share, missing the Zacks Consensus Estimate by 5.5%. Reported earnings edged down 1.4% year over year due to higher operating expenses and an increase in shares outstanding. On a GAAP basis, the company reported earnings of 66 cents per share, flat with the year-ago figure. The difference between GAAP and pro forma earnings was due to an after-tax integration charges of 3 cents associated with the NSTAR merger. Revenues Northeast Utilities' operating revenues of $1,892.6 million lagged behind the Zacks Consensus Estimate by $1.4 million. Quarterly revenues edged up 1.7% year over year due to an improvement in retail natural gas distribution volumes. Segmental Highlights The company's earnings from Electric Transmission , and The Connecticut Light and Power Company segments decreased 17.6% and 11.7% respectively, year over year. Natural Gas Distribution 's loss more than doubled from the year-ago quarter. The negatives were partially offset by an improvement in earnings from the company's Electric Distribution and Generation (up 4.1% year over year), Public Service Company of New Hampshire (up 4.4%), WesternMassachusetts Electric Company (up 6.4%) and NU Parent and Other Businesses (up 41.9%) divisions. In addition, NSTAR Electric reported flat results in the quarter. Operational Highlights Northeast Utilities' total operating expenses climbed 3.1% year over year, on the back of higher purchased power, fuel and transmission costs, and depreciation expenses. An increase in operating revenues less than offset the rise in total operating expenses, thereby resulting in an operating income of $399.3 million, down 3.3% year over year. In the quarter under review, Northeast Utilities' overall retail electricity distribution volume dropped 1.6% year over year to 15,247 Gigawatt hours. The company's natural gas distribution volume was 11,173 million cubic feet, up 4.5% year over year. Financial Update As of Sep 30, 2013, Northeast Utilities had cash balance of $57.9 million compared with $45.7 million as of Dec 31, 2012. Long-term debt as of Sep 30, 2013 was $7,444.2 million versus $7,200.2 million as of Dec 31, 2012. Net cash flows provided by operating activities during the first nine months of 2013 were $1,177 million, significantly higher than $796 million reported in the year-ago comparable period. In the first nine months of 2013, the company invested $1,073.8 million under the capital expenditure program. Guidance Northeast Utilities affirmed its full-year 2013 earnings guidance in the range of $2.45 - $2.60 per share. Other Company Releases American Electric Power Company Inc. ( AEP ) reported third-quarter operating earnings of $1.10 per share, beating the Zacks Consensus Estimate of $1.08 by 1.9%. Entergy Corp. ( ETR ) posted operational earnings of $2.41 per share, surpassing the Zacks Consensus Estimate of $2.29 by 5.2%. Exelon Corporation ( EXC ) announced third-quarter 2013 pro forma earnings of 78 cents per share, surpassing the Zacks Consensus Estimate by 12 cents. Our View Although, Northeast Utilities' top and bottom line missed the Zacks Consensus Estimate due to increased operating expenses, the company intends to utilize cost control measures in the near term. These initiatives will likely enable the company to improve its future margins. Despite NSTAR Electric division's flat performance, the NSTAR-merger provided significant upside to Northeast Utilities' year-to-date results in terms of improvement in NSTAR Gas's performance. We expect the merger to continue to help the company to improve its scale of operations, thereby enabling them to serve more number of customers going forward. Northeast Utilities' Greater Springfield Reliability project will likely contribute significantly in 2013 as it will be online by this year. Northeast Utilities currently has a Zacks Rank #2 (Buy). AMER ELEC PWR (AEP): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NORTHEAST UTIL (NU): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-11-04,14.7719,14.7856,14.5657,14.7103,"After Hours Most Active for Nov 4, 2013 : AOS, HBAN, JPM, EXC, XRX, FF, ARCP, INTC, MSFT, DOW, LSI, QQQ The NASDAQ 100 After Hours Indicator is up .58 to 3,385.33. The total After hours volume is currently 38,100,192 shares traded. The following are the most active stocks for the after hours session : Smith (A.O.) Corporation ( AOS ) is -0.005 at $52.19, with 2,769,430 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2013. The consensus EPS forecast is $0.51. AOS's current last sale is 97.54% of the target price of $53.5. Huntington Bancshares Incorporated ( HBAN ) is -0.0018 at $8.79, with 2,619,756 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2013. The consensus EPS forecast is $0.17. HBAN's current last sale is 97.65% of the target price of $9. J P Morgan Chase & Co ( JPM ) is unchanged at $52.04, with 2,419,702 shares traded. Over the last four weeks they have had 6 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2013. The consensus EPS forecast is $1.31. As reported by Zacks, the current mean recommendation for JPM is in the ""buy range"". Exelon Corporation ( EXC ) is -0.04 at $28.55, with 1,476,127 shares traded. EXC's current last sale is 93.61% of the target price of $30.5. Xerox Corporation ( XRX ) is -0.03 at $10.16, with 1,471,242 shares traded. XRX's current last sale is 101.6% of the target price of $10. FutureFuel Corp. ( FF ) is unchanged at $18.27, with 1,258,448 shares traded.FF is scheduled to provide an earnings report on 11/7/2013, for the fiscal quarter ending Sep2013. The consensus earnings per share forecast is 0.37 per share, which represents a 30 percent increase over the EPS one Year Ago American Realty Capital Properties, Inc. ( ARCP ) is -0.0027 at $13.28, with 1,175,519 shares traded.ARCP is scheduled to provide an earnings report on 11/7/2013, for the fiscal quarter ending Sep2013. The consensus earnings per share forecast is 0.19 per share, which represents a 24 percent increase over the EPS one Year Ago Intel Corporation ( INTC ) is +0.015 at $24.27, with 1,038,657 shares traded. Over the last four weeks they have had 7 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2013. The consensus EPS forecast is $0.52. As reported in the last short interest update the days to cover for INTC is 8.328307; this calculation is based on the average trading volume of the stock. Microsoft Corporation ( MSFT ) is unchanged at $35.94, with 804,952 shares traded. Over the last four weeks they have had 7 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2014. The consensus EPS forecast is $0.65. MSFT's current last sale is 98.47% of the target price of $36.5. Dow Chemical Company (The) ( DOW ) is +0.1183 at $38.52, with 719,009 shares traded. DOW's current last sale is 92.82% of the target price of $41.5. LSI Corporation ( LSI ) is -0.0017 at $8.32, with 664,384 shares traded. LSI's current last sale is 103.98% of the target price of $8. PowerShares QQQ Trust, Series 1 ( QQQ ) is -0.04 at $82.89, with 659,359 shares traded. This represents a 35.2% increase from its 52 Week Low. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-11-05,14.7035,14.8744,14.5335,14.5335,"After Hours Most Active for Nov 5, 2013 : PBR/A, SANM, ODP, OMX, TSLA, BAC, RAD, QQQ, INTC, EXC, AAXJ, DECK The NASDAQ 100 After Hours Indicator is down -2.42 to 3,386.4. The total After hours volume is currently 28,357,677 shares traded. The following are the most active stocks for the after hours session : Petroleo Brasileiro S.A.- Petrobras (PBR/A) is +0.0842 at $17.74, with 10,002,754 shares traded. PBR/A's current last sale is 82.53% of the target price of $21.5. Sanmina Corporation ( SANM ) is -0.0031 at $15.75, with 4,678,150 shares traded. SANM's current last sale is 116.64% of the target price of $13.5. Office Depot, Inc. ( ODP ) is +0.02 at $5.67, with 3,734,707 shares traded. RTT News Reports: Office Depot Posts Q3 Profit - Quick Facts Officemax Incorporated ( OMX ) is +0.03 at $15.29, with 2,898,039 shares traded. RTT News Reports: OfficeMax Q3 13 Earnings Conference Call At 11:00 AM ET Tesla Motors, Inc. ( TSLA ) is -19.19 at $157.61, with 2,548,252 shares traded. RTT News Reports: Tesla Motors Q3 13 Earnings Conference Call At 5:30 PM ET Bank of America Corporation ( BAC ) is +0.01 at $13.94, with 2,334,243 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2013. The consensus EPS forecast is $0.27. BAC's current last sale is 92.93% of the target price of $15. Rite Aid Corporation ( RAD ) is +0.01 at $5.32, with 1,497,638 shares traded. RAD's current last sale is 100.38% of the target price of $5.3. PowerShares QQQ Trust, Series 1 ( QQQ ) is -0.05 at $82.97, with 1,078,512 shares traded. This represents a 35.33% increase from its 52 Week Low. Intel Corporation ( INTC ) is -0.0048 at $24.03, with 970,602 shares traded. Over the last four weeks they have had 7 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2013. The consensus EPS forecast is $0.52. As reported in the last short interest update the days to cover for INTC is 8.328307; this calculation is based on the average trading volume of the stock. Exelon Corporation ( EXC ) is +0.0698 at $28.32, with 966,282 shares traded. EXC's current last sale is 92.85% of the target price of $30.5. iShares MSCI All Country Asia ex Japan Index Fund ( AAXJ ) is +0.0696 at $59.87, with 760,000 shares traded. This represents a 16.02% increase from its 52 Week Low. Deckers Outdoor Corporation ( DECK ) is +0.0038 at $71.57, with 506,700 shares traded., following a 52-week high recorded in today's regular session. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-11-06,14.6224,14.9663,14.5657,14.9253,"Pepco Holdings Earnings In Line, Revs Lag - Analyst Blog Pepco Holdings Inc . ( POM ) reported third quarter 2013 net earnings of 44 cents per share, in line with the Zacks Consensus Estimate. However, earnings were 16% higher than the year-ago earnings of 38 cents. The year-over-year increase in operating earnings was primarily due to a rise in electric distribution revenue and lower operation and maintenance expenses. The upside was limited by lower weather-related sales in its service territories. Total Revenue Pepco Holdings' total revenue in the third quarter was $1.344 billion, down 3.2% from $1.389 billion in the year-ago period. Quarterly revenue also fell short of the Zacks Consensus Estimate of $1.815 billion. The year-over-year decline was primarily due to lower top-line contribution from Power Delivery services as well as Pepco Energy Services. Highlights of the Release In the third quarter, Pepco Holdings' total electric sales at Power Delivery, was down 7.2% to 13,335 gigawatt hours (GWh). The mild weather in its service territories impacted the demand for electricity. Total operating expenses in the quarter declined 6.6% to $1.11 billion from $1.19 billion in the comparable year-ago period. As of Sep 30, 2013, Delmarva Power's installations as well as activation of smart meters has been completed in its Delaware service territory but is ongoing in its Maryland service territory. Pepco Holdings' installations as well as activation of smart meters in the District of Columbia and Maryland service zones stand nearly completed. Financial Update Pepco Holdings' cash and cash equivalents, including restricted cash, were $73 million as of Sep 30, 2013, up significantly from $35 million as of Dec 31, 2012. Long-term debts as of Sep 30, 2013 were $3.8 billion, up 4.3% from $3.6 billion as of Dec 31, 2012. Guidance Pepco Holdings narrowed its 2013 earnings outlook to the range of $1.08 to $1.18 per share from $1.05 to $1.20 per share. The guidance assumes normal weather during the fourth quarter. Other Company Releases Exelon Corporation ( EXC ) reported third-quarter 2013 pro forma earnings of 78 cents per share, surpassing the Zacks Consensus Estimate by 12 cents. Quarterly earnings edged up 1.3% year over year. NiSource Inc .'s ( NI ) operating earnings from continuing operation of 18 cents per share in the third quarter of 2013 were in line with the Zacks Consensus Estimate. Earnings however jumped considerably from the year-ago profit level of 4 cents. Public Service Enterprise Group Inc . ( PEG ) reported third quarter 2013 earnings of 76 cents per share, in line with the Zacks Consensus Estimate. Earnings were up 1.33% year over year. Our View Pepco Holdings presented favorable year-over-year earnings results in the reported quarter backed by effective cost control initiatives and acceleration in distribution operations, though the mild weather proved to be a deterrent. Going forward, the company's aggressive investments towards modernizing its utility infrastructure will act as a key growth catalyst and will help retain its customer base. The company stated to spend about $5.8 billion over the next five years to replace aging infrastructure and installing advanced technologies. Moreover, prudent capital outlay and continued implementation of cost-containment measures will bode well for Pepco Holdings' future development plans. Pepco Holdings currently retains a Zacks Rank #4 (Sell). EXELON CORP (EXC): Free Stock Analysis Report NISOURCE INC (NI): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-11-07,14.941,14.9927,14.6575,14.6947,"Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for November 08, 2013 Consolidated Edison Inc ( ED ) will begin trading ex-dividend on November 08, 2013. A cash dividend payment of $0.615 per share is scheduled to be paid on December 15, 2013. Shareholders who purchased ED stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that ED has paid the same dividend. At the current stock price of $58.82, the dividend yield is 4.18%. The previous trading day's last sale of ED was $58.82, representing a -8.13% decrease from the 52 week high of $64.03 and a 9.68% increase over the 52 week low of $53.63. ED is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ED's current earnings per share, an indicator of a company's profitability, is $3.51. Zacks Investment Research reports ED's forecasted earnings growth in 2013 as .54%, compared to an industry average of .2%. For more information on the declaration, record and payment dates, visit the ED Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ED through an Exchange Traded Fund [ETF]? The following ETF(s) have ED as a top-10 holding: Select Sector SPDR Fund - Utilities ( XLU ) Vanguard Utilities ETF ( VPU ) SPDR S&P Dividend ETF ( SDY ) iShares MSCI USA Size Factor ( SIZE ). The top-performing ETF of this group is SDY with an increase of 7.13% over the last 100 days. XLU has the highest percent weighting of ED at 3.51%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-11-08,14.5911,14.6019,14.2677,14.5814,
EXC,2013-11-11,14.5257,14.8647,14.5081,14.8442,"Wisconsin Energy Corporation (WEC) Ex-Dividend Date Scheduled for November 12, 2013 Wisconsin Energy Corporation ( WEC ) will begin trading ex-dividend on November 12, 2013. A cash dividend payment of $0.3825 per share is scheduled to be paid on December 01, 2013. Shareholders who purchased WEC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 27.5% increase over the same period a year ago. At the current stock price of $41.71, the dividend yield is 3.67%. The previous trading day's last sale of WEC was $41.71, representing a -7.31% decrease from the 52 week high of $45 and a 15.82% increase over the 52 week low of $36.01. WEC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WEC's current earnings per share, an indicator of a company's profitability, is $2.31. Zacks Investment Research reports WEC's forecasted earnings growth in 2013 as 4.33%, compared to an industry average of %. For more information on the declaration, record and payment dates, visit the WEC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to WEC through an Exchange Traded Fund [ETF]? The following ETF(s) have WEC as a top-10 holding: iShares MSCI USA Size Factor ( SIZE ). The top-performing ETF of this group is SIZE with an decrease of 0% over the last 100 days. It also has the highest percent weighting of WEC at 0.56%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-11-12,14.6898,14.7749,14.4358,14.4935,"NRG Energy Misses Q3 Earnings - Analyst Blog NRG Energy Inc . ( NRG ) posted third-quarter earnings per share of 73 cents, lagging the Zacks Consensus Estimate of 80 cents by 8.8%. Revenue NRG Energy's total operating revenues of $3.49 billion surpassed the Zacks Consensus Estimate of $2.81 billion by 24.2% and the year-ago revenue of $2.33 billion by 49.8%. Highlights of the Release NRG Energy's total operating expenses were $2.95 billion, up 31.7% year over year due to higher cost of operations, depreciation charges, and selling, general and administrative expenses. NRG Energy's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) during the quarter were $1 billion, up 47.5% year over year on favorable performances from the East, West, Alternate Energy, NRG Yield and Retail segments. These were partially offset by decreases in adjusted EBITDA from the Wholesale Gulf Coast - Texas, Other segments. Operating income in the reported quarter was $535 million versus $86 million in the year ago quarter. Interest expenses increased 39.9% year over year to $228 million primarily due to a higher debt level. The company was able to enhance its retail customer base by 5,000 sequentially in the reported quarter. Financial Update NRG Energy's cash and cash equivalents as of Sep 30, 2013, was $2.13 billion versus $2.09 billion as of Dec 31, 2012. As of Sep 30, 2013, long-term debt and capital leases were $15.8 billion versus $15.7 billion as of Dec 31, 2012. Net cash provided from operating activities during the first nine months of 2013 was $0.8 billion versus $1.01 billion in the comparable year-ago period. NRG Energy's capital expenditures in the first nine months of 2013 were $1.58 billion, down from $2.47 billion invested in the prior-year comparable period. During the first nine months of the year the company utilized $25 million to repurchase 0.97 million shares. NRG Energy is still left with $175 million under its authorization. However, due to the pending EME acquisition, the company might not repurchase any shares in the remaining days of 2013. Guidance The upper end of NRG Energy's full-year 2013 adjusted EBITDA guidance was lowered marginally to the range of $2.55-$2.6 billion from $2.55-$2.7 billion guided earlier. The company's full-year 2013 free cash flow (before growth investments) guidance is in the range of $1.125-$1.175 billion, narrowed from the previous expectation of $1.05-$1.20 billion. NRG Energy lowered its 2014 adjusted EBITDA to the range of $2.7-$2.9 billion from $2.85-$3.05 billion earlier. 2014 free cash flow (before growth investments) guidance is in the range of $0.95-$1.15 billion, down from the previous expectation of $1.1-$1.3 billion. Other Company Releases Exelon Corporation ( EXC ) announced third quarter earnings of 78 cents per share, beating the Zacks Consensus Estimate of 66 cents by 18.2%. American Electric Power Co. Inc. ( AEP ) reported third quarter earnings of $1.10 per share, surpassing the Zacks Consensus Estimate of $1.08 by 1.9%. Our View NRG Energy missed our earnings estimates in the reported quarter. However, its focus to generate green power is appreciable. In Oct 2013, the company decided to acquire Edison Mission Energy (EME), a subsidiary of Edison International ( EIX ) for a purchase price of $2.64 billion. The EME buyout will add nearly 8,000 megawatt (MW) of capacity to NRG Energy's generation portfolio and diversify its generation portfolio. With more than 40% of the power generation from EME to come from wind power and gas-fired units, NRG Energy will be well supported to create its eco friendly generation portfolio. NRG Energy currently has a Zacks Rank #2 (Buy). AMER ELEC PWR (AEP): Free Stock Analysis Report EDISON INTL (EIX): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-11-13,14.4358,14.6488,14.4064,14.598,"FE Pumps Up Transmission Investments - Analyst Blog FirstEnergy Corp. ( FE ) has plans to increase its investments in the ambitious ""Energizing the Future"" transmission project to $2.8 billion for the period 2014 through 2017. The initiative was first announced in May 2012 as part of the company's goal of enhancing its high-voltage transmission system. The initial phase will aim at construction of the 69 kilovolt (kV) transmission lines and substations in areas covered by the company's Ohio Edison, Cleveland Electric Illuminating Company, Toledo Edison and Penn Power divisions. The program will gradually extend to other FirstEnergy service territories in the next several years. The preliminary program cost is estimated to be $1.8 billion in Ohio, Pennsylvania, West Virginia, New Jersey and Maryland over the next five years. The large-scale project was undertaken in the wake of the Mercury and Air Toxics Standards (MATS) rule which caused deactivation of coal-fired plants in the region. The work will involve replacement of ageing infrastructure with state-of-the art equipment to boost customer service reliability and help minimize the duration of outages. About 7,200 circuit miles of 69 kV and higher transmission lines will be examined and renovated as well as over 170 substations will be modernized. Also, work on the list includes evaluation and restoration of 70,000 transmission structures. The 69 kV line is the key infrastructure connecting the high voltage transmission lines and the distribution network that services the end users. Focus on tightening security at substations by adding new fencing, thermal imaging devices and various surveillance options is also on the cards. The strategic transmission investments in the service territories where future economic growth is expected, especially in Ohio's shale oil areas, will offer promising results for FirstEnergy. Beginning Nov 2013, FirstEnergy has been busy upgrading its existing high-growth facilities, which will improve service quality and lead to customer retention. Presently, FirstEnergy carries a Zacks Rank #3 (Hold). Other utility players looking attractive at present include Zacks Ranked #2 (Buy) The AES Corp. ( AES ), Exelon Corp . ( EXC ) and Edison International ( EIX ). AES CORP (AES): Free Stock Analysis Report EDISON INTL (EIX): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-11-14,14.6068,14.6966,14.4983,14.5159,
EXC,2013-11-15,14.4885,14.7162,14.4681,14.6302,"[""EXC Unit Inks Power Supply Deal - Analyst Blog Exelon Corporation 's ( EXC ) business unit, Constellation Energy Resources, LLC, has entered into a power supply agreement with the City of Chicago. Per the agreement, the company will supply carbon emission-free power to the City of Chicago for a period of 25 months at a lower market price, reflecting a 2% discount from the last electricity contract rate. Constellation will produce electricity from its Illinois-based nuclear and natural gas generation facilities. The new rate will help the City of Chicago to reduce its electricity costs by $1.2 million over two-year period. The City of Chicago will be utilizing the power for its Fleet and Facility Management portfolio, including police and fire stations and libraries, as well as important buildings such as the Cultural Center, Harold Washington Library, City Hall, and O'Hare and Midway airports. In Jun 2013, the U.S. President Mr. Barack Obama announced the National Climate Plan, aimed at implementing stringent carbon pollution standards at power generation plants. In Sep 2013, the U.S. Environmental Protection Agency (\""EPA\"") introduced emission standards for new power plants. As per World Resources Institute's report, the state of Illinois has already taken several measures to control carbon dioxide (\""CO2\"") emission. In 2011, CO2 emissions from the state's power sector were 2% below the 2005 level. We believe that the present agreement will enable the City of Chicago to reduce the state's CO2 emission by 35% from the 2011 level by 2020. After the Japanese nuclear plant accident, governments of many countries implemented stringent rules on nuclear-fuelled power generation. However, we note that Exelon has a strong expertise in nuclear operations and generates 55% of electricity from nuclear power plants. The company invests substantially to maintain its nuclear set-up while scrutinizing infrastructure at regular intervals. These positives will enable Constellation to win more power supply awards while competing with several bidders. We appreciate Exelon's steady effort towards diversification of its power generation portfolio. Apart from nuclear-fuelled generation facility, the company is also venturing into environment-friendly power projects as well as traditional fuel-based generation set-ups. Currently, nearly 10% of Exelon's total production comes from renewable sources with the ratio rising gradually. It is evident from past record that Constellation gets power supply orders from several government as well as private establishments at regular intervals. Earlier, the company had inked an agreement to supply fixed-price electricity to 20 Illinois communities. We believe signing long-term power supply agreements on a frequent basis will enable Exelon to secure a stable revenue stream going forward. A steady cash inflow will also support the company to invest more in new projects. Chicago, Ill.-based Exelon Corporation currently has a Zacks Rank #2 (Buy). Other stocks from the industry that are presently performing well include Brookfield Infrastructure Partners L.P. ( BIP ), Alliant Energy Corporation ( LNT ) and NiSource Inc. ( NI ). All the three stocks carry a comparable Zacks Rank #2 (Buy). BROOKFIELD INFR (BIP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report NISOURCE INC (NI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""FE Unit Steps Up Transmission Upgrade - Analyst Blog FirstEnergy Corp. 's ( FE ) infrastructure modernization drive is progressing well. Its operating wing, Potomac Edison announced the reconstruction of a 138 Kilovolt (Kv) transmission line which will serve 65,000 customers in Carroll, Frederick, Howard and Montgomery counties of Maryland. The program is a part of Potomac Edison's overall $55 million investment plan to upgrade electrical systems and service reliability in western Maryland and West Virginia's Eastern Panhandle territories in 2013. The 13-mile transmission line was fitted with higher capacity conductor which will link a substation in Thurmont in Frederick County to a substation in Union Bridge, nearby Carroll County. Integral to a $5.3 million initiative it also involved the replacement and modernization of equipment at both the substations. The new equipment will allow the transmission line to effectively handle future load growth. The original aim was to reconstruct substations along with a transmission line which would have been far more costly. However, the merger with Alleghany Energy in 2011 provided a relief as FirstEnergy was able to economize the program by incorporating local existing equipment. This resulted in greater reliability and at substantial cost-savings. Besides transmission improvements, FirstEnergy unit will also build new distribution circuits, replace underground cables, examine and replace utility poles as well as carry on with its vegetation management programs. Expanding transmission assets and upgrading the existing lines have been FirstEnergy's prime focus in 2013. The company expects to shell out a total of $7 billion in developing transmission infrastructure in the next four years. Recently, FirstEnergy pumped up its transmission investments to $2.8 billion for advancing its \""Energizing the Future\"" project for the period 2014 through 2017. FirstEnergy's large-scale modernization efforts will help minimize future maintenance costs as well as amplify the communication chains which will increase systems capacity. This will certainly boost the company's services thus leading to customer retention and expansion. Presently, FirstEnergy carries a Zacks Rank #3 (Hold). Other utility players looking attractive at present include Zacks Ranked #2 (Buy) Alliant Energy Corp. ( LNT ), Exelon Corp. ( EXC ) and Edison International ( EIX ). EDISON INTL (EIX): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-11-18,14.6966,14.7366,14.5774,14.5872,"[""Guru Stocks at 52-Week Lows: EXC, VIV, CNHI, CTL, EQR According to GuruFocus list of 52-week lows , these Guru stocks have reached their 52-week lows. Exelon Corp ( EXC ) Reached the 52-Week Low of $28.12 The prices of Exelon Corp ( EXC ) shares have declined to close to the 52-week low of $28.12, which is 27.0% off the 52-week high of $37.80. Exelon Corp is owned by 13 Gurus we are tracking. Among them, six have added to their positions during the past quarter. Eight reduced their positions. Exelon Corp has a market cap of $24.1 billion; its shares were traded at around $28.12 with a P/E ratio of 15.10 and P/S ratio of 0.97. The dividend yield of Exelon Corp stocks is 5.17%. Exelon Corp had an annual average earnings growth of 6.70% over the past 10 years. Exelon recently reported its third quarter 2013 financial results. The company's adjusted (non-GAAP) operating earnings increased to $0.78 per share in the third quarter of 2013 from $0.77 per share in the third quarter of 2012. Charles Brandes bought 283,764 shares in the quarter that ended on 09/30/2013, which is 0.11% of the $7.77 billion portfolio of Brandes Investment. John Hussman owns 150,000 shares as of 09/30/2013, a decrease of 53.85% of from the previous quarter. This position accounts for 0.24% of the $1.82 billion portfolio of Hussman Economtrics Advisors. Telefonica Brasil S.A. ( VIV ) Reached the 52-Week Low of $19.65 The prices of Telefonica Brasil S.A. ( VIV ) shares have declined to close to the 52-week low of $19.65, which is 31.1% off the 52-week high of $27.71. Telefonica Brasil S.A. is owned by seven Gurus we are tracking. Among them, five have added to their positions during the past quarter. Three reduced their positions. Telefonica Brasil S.A. has a market cap of $22.12 billion; its shares were traded at around $19.65 with a P/E ratio of 16.30 and P/S ratio of 1.48. The dividend yield of Telefonica Brasil S.A. stocks is 5.53%. Telefonica Brasil S.A. had an annual average earnings growth of 11.00% over the past 10 years. GuruFocus rated Telefonica Brasil S.A. the business predictability rank of 3-star . John Rogers bought 13,636 shares in the quarter that ended on 09/30/2013, which is 0.0045% of the $6.87 billion portfolio of Ariel Capital Management. Charles Brandes owns 4,571,926 shares as of 09/30/2013, an increase of 40.65% from the previous quarter. This position accounts for 1.4% of the $7.77 billion portfolio of Brandes Investment. CNH Industrial NV ( CNHI ) Reached the 52-Week Low of $11.31 The prices of CNH Industrial NV ( CNHI ) shares have declined to close to the 52-week low of $11.31, which is 16.6% off the 52-week high of $13.29. CNH Industrial NV is owned by one Guru we are tracking. CNH Industrial NV has a market cap of $20.62 billion; its shares were traded at around $11.31 . Mason Hawkins bought 14,517,291 shares in the quarter that ended on 09/30/2013, which is 0.91% of the $20.05 billion portfolio of Southeastern Asset Management. CenturyLink Inc. ( CTL ) Reached the 52-Week Low of $32.10 The prices of CenturyLink Inc. ( CTL ) shares have declined to close to the 52-week low of $32.10, which is 26.5% off the 52-week high of $42.01. CenturyLink Inc. is owned by 10 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter. 4 reduced their positions. CenturyLink Inc. has a market cap of $18.97 billion; its shares were traded at around $32.10 with and P/S ratio of 1.08. The dividend yield of CenturyLink Inc. stocks is 7.31%. CenturyLink Inc. had an annual average earnings growth of 3.00% over the past 10 years. CTL recently reported its third quarter 2013 financial results. The company announced that it achieved Core revenues of $4.1 billion in third quarter, a year-over-year decline of 1.0%, compared with a 1.8% year-over-year decline for third quarter 2012. NWQ Managers owns 6,760,064 shares as of 09/30/2013, an increase of 68.71% from the previous quarter. This position accounts for 2% of the $10.53 billion portfolio of NWQ Investment Management Co. Joel Greenblatt owns 31,401 shares as of 09/30/2013, which accounts for 0.032% of the $3.08 billion portfolio of Gotham Capital. Ray Dalio owns 366,875 shares as of 09/30/2013, which accounts for 0.097% of the $11.87 billion portfolio of Bridgewater Associates. Director Gregory James Mccray sold 7,755 shares of CTL stock on 09/05/2013 at the average price of 32.19. Gregory James McCray owns at least 3,871 shares after this. The price of the stock has decreased by 0.28% since. Equity Residential ( EQR ) Reached the 52-Week Low of $51.38 The prices of Equity Residential ( EQR ) shares have declined to close to the 52-week low of $51.38, which is 17.6% off the 52-week high of $60.97. Equity Residential is owned by 8 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter. 6 reduced their positions. Equity Residential has a market cap of $18.52 billion; its shares were traded at around $51.38 with a P/E ratio of 8.50 and P/S ratio of 6.80. The dividend yield of Equity Residential stocks is 3.83%. Equity Residential had an annual average earnings growth of 62.30% over the past 10 years. Ken Heebner bought 250,000 shares in the quarter that ended on 09/30/2013, which is 0.36% of the $3.71 billion portfolio of Capital Growth Management LP. Ray Dalio owns 11,734 shares as of 09/30/2013, an increase of 37.5% from the previous quarter. This position accounts for 0.0053% of the $11.87 billion portfolio of Bridgewater Associates. Executive Vice President Mark N. Tennison sold 4,861 shares of EQR stock on 06/28/2013 at the average price of $58.52. Mark N. Tennison owns at least 44,243 shares after this. The price of the stock has decreased by 12.2% since.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Integrys Unveils CNG Station in Florida - Analyst Blog Integrys Energy Group Inc. 's ( TEG ) business wing, Trillium CNG, launched its first compressed natural gas station available to the public at Dillon Transport, 4612 S. 50th St. in Tampa, Fla. Dillon Transport inked a fuel purchase agreement with Trillium CNG to service Dillon Transport's fleet of 55 semi-trailer trucks. The company on Oct 21, 2013, had also announced to open the second compressed natural gas (\""CNG\"") station at GasKwick. Both the stations located near the Port of Tampa, Interstate 75 and U.S. Route 41 will allow easy accessibility to heavy-duty trucks. The S. 50th St. station is equipped with Trillium CNG's fast-fill hydraulic intensifier which will be supported by its 24/7 rapid response team. In addition, the station has the capability to fuel three vehicles simultaneously. This will enable Integrys Energy to offer fast services as well as cater to an increasing number of customers. Given the shale boom in the U.S. it is also essential to ramp up CNG related infrastructure. Its low-cost and clean burning nature makes CNG more attractive as a transportation fuel in the wake of stringent environmental laws in the U.S. However, the company needs to be patient as the transition to CNG fuel from diesel will take time. Currently, natural gas fueled trucks are costlier than existing diesel trucks. Although incentive programs have been set up to accelerate the shift, these have proven to be an insufficient boost for conventional truck companies to make the switch from diesel. The fiscal uncertainty is also acting as a bottleneck for the implementation of a proper incentive structure. Moreover, diesel is not ready to give up to CNG. The application of state-of-the-art filters in combination with diesel containing less than 50 parts-per-million sulfur will certainly catch the market's attention. Eco-friendly diesel filtering technology and more affordable fuel prices might render ultra-low-sulfur diesel more desirable than CNG which could affect Integrys Energy's prospects. Presently, the company holds a Zacks Rank #4 (Sell). However, other utility counterparts well positioned at the moment are Zacks Ranked #2 (Buy) Alliant Energy Corp. ( LNT ), Exelon Corp. ( EXC ) and MGE Energy Inc. ( MGEE ). EXELON CORP (EXC): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report MGE ENERGY INC (MGEE): Free Stock Analysis Report INTEGRYS ENERGY (TEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-11-19,14.5667,14.6244,14.3693,14.4191,
EXC,2013-11-20,14.5159,14.6528,14.3479,14.3586,"Korea Electric (KEP) Worth a Look: Stock Rises 6% - Tale of the Tape Korea Electric Power Corp. ( KEP ) was a big mover last session, as the company saw its shares rise a little over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up over 16% in the past one-month time frame. The company has seen one negative revision in the past 7 days and its Zacks Consensus Estimate also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher can last. Korea Electric currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%. Some better performing electric utility stocks include Edison International ( EIX ), Exelon Corporation ( EXC ) and Northwestern Corporation ( NWE ). All these stocks carry a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> EDISON INTL (EIX): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report KOREA ELEC PWR (KEP): Free Stock Analysis Report NORTHWESTERN CP (NWE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-11-21,14.3733,14.5305,14.3313,14.384,
EXC,2013-11-22,14.3781,14.4309,14.2179,14.2277,"Integrys Energy Group (TEG) Ex-Dividend Date Scheduled for November 25, 2013 Integrys Energy Group ( TEG ) will begin trading ex-dividend on November 25, 2013. A cash dividend payment of $0.68 per share is scheduled to be paid on December 20, 2013. Shareholders who purchased TEG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 20th quarter that TEG has paid the same dividend. At the current stock price of $56.34, the dividend yield is 4.83%. The previous trading day's last sale of TEG was $56.34, representing a -11.39% decrease from the 52 week high of $63.58 and a 10.02% increase over the 52 week low of $51.21. TEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). TEG's current earnings per share, an indicator of a company's profitability, is $3.63. Zacks Investment Research reports TEG's forecasted earnings growth in 2013 as 6.38%, compared to an industry average of -.2%. For more information on the declaration, record and payment dates, visit the TEG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to TEG through an Exchange Traded Fund [ETF]? The following ETF(s) have TEG as a top-10 holding: First Trust Utilities AlphaDEX Fund ( FXU ) Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ). The top-performing ETF of this group is FXU with an increase of 5.76% over the last 100 days. It also has the highest percent weighting of TEG at 2.97%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-11-25,14.2277,14.2375,14.0899,14.1671,
EXC,2013-11-26,14.1671,14.1671,14.0039,14.0215,"[""Guru Stocks at 52-Week Lows: EBAY, SO, EXC, KOF, VIV According to GuruFocus list of 52-week lows , these Guru stocks have reached their 52-week lows. eBay Inc. ( EBAY ) Reached the 52-Week Low of $50.33 The prices of eBay Inc. ( EBAY ) shares have declined to close to the 52-week low of $50.33, which is 16.2% off the 52-week high of $58.04. eBay Inc is owned by 25 Gurus we are tracking. Among them, 13 have added to their positions during the past quarter. 12 reduced their positions. eBay Inc. has a market cap of $65.16 billion; its shares were traded at around $50.33 with a P/E ratio of 24.00 and P/S ratio of 4.27. eBay Inc. had an annual average earnings growth of 19.30% over the past 10 years. GuruFocus rated eBay Inc. the business predictability rank of 3.5-star . eBay recently reported that revenue for the third quarter ended Sept. 30, 2013, increased 14% to $3.9 billion, compared to the same period of 2012. The company reported third quarter net income on a GAAP basis of $689 million, or $0.53 per diluted share, and non-GAAP net income of $837 million, or $0.64 per diluted share. Julian Robertson bought 421,700 shares in the quarter that ended on 09/30/2013, which is 3.6% of the $653 million portfolio of Tiger Management. Ken Heebner bought 520,000 shares in the quarter that ended on 09/30/2013, which is 0.78% of the $3.71 billion portfolio of Capital Growth Management LP. PRIMECAP Management bought 292,000 shares in the quarter that ended on 09/30/2013, which is 0.021% of the $76.01 billion portfolio of PRIMECAP Management. President and CEO John J. Donahoe sold 250,000 shares of EBAY stock on 10/21/2013 at the average price of $52.1. John J. Donahoe owns at least 511,842 shares after this. The price of the stock has decreased by 3.4% since. Southern Co ( SO ) Reached the 52-Week Low of $41.23 The prices of Southern Co ( SO ) shares have declined to close to the 52-week low of $41.23, which is 17.2% off the 52-week high of $48.74. Southern Co is owned by 5 Gurus we are tracking. Southern Co has a market cap of $36.35 billion; its shares were traded at around $41.23 with a P/E ratio of 22.40 and P/S ratio of 2.15. The dividend yield of Southern Co stocks is 4.88%. Southern Co had an annual average earnings growth of 3.90% over the past 10 years. SO recently reported its third quarter earnings. For the nine months ended Sept. 30, 2013, Southern Company's earnings were $1.23 billion, or $1.41 per share, compared with earnings of $1.97 billion, or $2.26 per share, for the same period a year ago. HOTCHKIS & WILEY bought 1,468,899 shares in the quarter that ended on 09/30/2013, which is 0.28% of the $21.74 billion portfolio of Hotchkis & Wiley Capital Management LLC. Ray Dalio bought 75,300 shares in the quarter that ended on 09/30/2013, which is 0.026% of the $11.87 billion portfolio of Bridgewater Associates. Ken Fisher owns 9,154 shares as of 09/30/2013, an increase of 20.08% from the previous quarter. This position accounts for 0.0009% of the $40.58 billion portfolio of Fisher Asset Management LLC. Director David J. Grain bought 10,000 shares of SO stock on 11/01/2013 at the average price of $41.13. David J. Grain owns at least 10,500 shares after this. The price of the stock has increased by 0.24% since. Exelon Corp ( EXC ) Reached the 52-Week Low of $27.35 The prices of Exelon Corp ( EXC ) shares have declined to close to the 52-week low of $27.35, which is 27.7% off the 52-week high of $37.80. Exelon Corp is owned by 13 Gurus we are tracking. Among them, six have added to their positions during the past quarter. Eight reduced their positions. Exelon Corp has a market cap of $23.44 billion; its shares were traded at around $27.35 with a P/E ratio of 14.70 and P/S ratio of 0.94. The dividend yield of Exelon Corp stocks is 5.32%. Exelon Corp had an annual average earnings growth of 5.10% over the past 10 years. Charles Brandes bought 283,764 shares in the quarter that ended on 09/30/2013, which is 0.11% of the $7.77 billion portfolio of Brandes Investment. John Hussman owns 150,000 shares as of 09/30/2013, a decrease of 53.85% of from the previous quarter. This position accounts for 0.24% of the $1.82 billion portfolio of Hussman Economtrics Advisors. Coca-Cola Femsa, S.A.B. de C.V. ( KOF ) Reached the 52-Week Low of $112.72 The prices of Coca-Cola Femsa, S.A.B. de C.V. ( KOF ) shares have declined to close to the 52-week low of $112.72, which is 39.6% off the 52-week high of $181.35. Coca-Cola Femsa, S.A.B. de C.V. is owned by four Gurus we are tracking. Among them, 0 have added to their positions during the past quarter. Three reduced their positions. Coca-cola Femsa, S.A.B. de C.V. has a market cap of $22.89 billion; its shares were traded at around $112.72 with a P/E ratio of 12.80 and P/S ratio of 2.00. The dividend yield of Coca-cola Femsa, S.A.b. de C.V. stocks is 0.96%. Bill Gates owns 6,214,719 shares as of 09/30/2013, which accounts for 4% of the $19.47 billion portfolio of Bill & Melinda Gates Foundation Trust. Tweedy Browne owns 603,220 shares as of 09/30/2013, a decrease of 21.93% of from the previous quarter. This position accounts for 1.8% of the $4.16 billion portfolio of Tweedy Browne Co. LLC. Telefonica Brasil S.A. ( VIV ) Reached the 52-Week Low of $19.55 The prices of Telefonica Brasil S.A. ( VIV ) shares have declined to close to the 52-week low of $19.55, which is 31.1% off the 52-week high of $27.71. Telefonica Brasil S.A. is owned by seven Gurus we are tracking. Among them, five have added to their positions during the past quarter. Three reduced their positions. Telefonica Brasil S.A. has a market cap of $22.01 billion; its shares were traded at around $19.55 with a P/E ratio of 15.90 and P/S ratio of 1.45. The dividend yield of Telefonica Brasil S.A. stocks is 5.56%. Telefonica Brasil S.a. had an annual average earnings growth of 11.30% over the past 10 years. GuruFocus rated Telefonica Brasil S.A. the business predictability rank of 3-star. John Rogers bought 13,636 shares in the quarter that ended on 09/30/2013, which is 0.0045% of the $6.87 billion portfolio of Ariel Capital Management. Charles Brandes owns 4,571,926 shares as of 09/30/2013, an increase of 40.65% from the previous quarter. This position accounts for 1.4% of the $7.77 billion portfolio of Brandes Investment.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Utilities Sector Watch - Gurus Hold Three Companies on a 52-Week Low The GuruFocus 52-week low screener reveals that the following three regulated utility companies are on a 52-week low. This sector currently has eight stocks out of 164 at a 52-week low. The low ratio is 0.05. These stocks were also screened for yield, billionaire investors and recent insider action. Highlight: FirstEnergy Corp. ( FE ) The FE share price is currently around $33.33 or 28.7% off the 52-week high of $46.77. The yield is 6.60%. Down 20% over 12 months, FirstEnergy Corp. has a market cap of $13.92 billion and is traded with a P/E of 135.40. Organized in 1996, FirstEnergy Corp. is a diversified energy company. The company includes one of the nation's investor-owned electric systems and a diverse generating fleet with a total capacity of more than 18,000 megawatts. FirstEnergy has 10 regulated distribution companies, serving 6 million customers via 194,000 miles of distribution lines. In the third quarter, FirstEnergy reported revenue of $4 billion and a net income of $218 million, with diluted earnings of $0.52 per share. In the company's first nine months of 2013, FirstEnergy reported revenue at $11.3 billion and net income at $250 million. In the same nine-month period of 2012, revenue was $11.8 billion and net income was $919 million. Guru Action: As of Sept. 30, 2013, Jean-Marie Eveillard 's First Eagle Investment Management LLC is the top guru stakeholder, holding 11,450,733 shares or 2.74% of shares outstanding. First Eagle reduced its position by 16.48%, selling 2,258,941 shares at an average price of $37.56 for a loss of 11.4%. The firm has averaged a loss of 14% on 13,709,674 shares bought at an average price of $38.67 per share. Selling, the firm lost 11% on 2,258,941 shares sold at an average price of $37.56 per share. Check out the gurus and insiders trading FE . Tracking share price, revenue and net income: [ Enlarge Image ] Highlight: Exelon Corp. ( EXC ) The EXC share price is currently around $27.27 or 27.9% off the 52-week high of $37.80. The yield is 5.32%. Down 7% over 12 months, Exelon Corp. has a market cap of $23.33 billion and is traded at a P/E of 14.60. Incorporated in 1999, Exelon Corporation is a public utility holding company, operating through its principal subsidiaries: ComEd, PECO and Generation. Exelon's three operating segments are: Energy Delivery, Generation and Enterprises. The company reported financial results (GAAP) for the third quarter of 2013, with a net income of $738 million, up from $296 million in the same quarter a year ago. Diluted earnings per share were $0.86, up from $0.35 for the same quarter in 2012. Guru Action: As of Sept. 30, 2013, Charles Brandes made a new buy of 283,764 shares at an average price of $30.67 for a loss of 11.2%. His shares represent 0.03% of shares outstanding. In the same quarter, Jeremy Grantham increased his position by 45.93%, buying 88,600 shares at an average price of $30.67 for a loss of 11.2%. His shares also represent 0.03% of shares outstanding. Here are more gurus and insiders trading EXC. Tracking share price, revenue and net income: [ Enlarge Image ] Highlight: Gas Natural Inc. ( EGAS ) The EGAS share price is currently $8.28 or 23.6% off the 52-week high of $10.84. The yield is 6.50%. Down 11% over 12 months, Gas Natural Inc. has a market cap of $86.6 million and is traded at a P/E of 12.70. Originally incorporated in Montana in 1909, Gas Natural Inc. was later reorganized as a holding company in 2009. The company is a natural gas company, primarily operating local distribution companies in seven states and serving approximately 69,000 customers in total. The company reported financial results for the third quarter of 2013, with a net loss of $1 million, compared to a net loss of $0.7 million in the third quarter of 2012. The company had a net income of $3.5 million for the first nine months of 2013 compared to $1.9 million in the same period of 2012. Guru Action: As of Sept. 30, 2013, Jim Simons is the only guru stakeholder. In the third quarter, he increased his position by 162.28%, buying 37,000 shares at an average price of $10.34 for a loss of 19.9%. His shares represent 0.58% of shares outstanding. He has lost 23% on 86,100 shares bought at an average price of $10.75 per share. Selling, he has also lost 17% on 26,300 shares at an average price of $10.02 per share. Check out the lone guru stakeholder and lots of insider selling. Tracking share price, revenue and net income: [ Enlarge Image ] If you are not a Premium Member, we invite you for a 7-day Free Trial . GuruFocus Real Time Picks reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only. Check out the GuruFocus special feature52-week low screenerto find the stocks hitting new lows but are still held by top investor Gurus and Insiders. About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""NI Unit's Pipeline Project OK'd - Analyst Blog NiSource Inc. 's ( NI ) Columbia Gas Transmission operating unit received the go-ahead from federal regulators for the construction of its Line MB Extension natural gas system modernization project in Baltimore and Hartford Counties, Md. The Federal Energy Regulatory Commission gave its consent to Columbia Gas for building the 21.3 mile line in 2014. The project will be built close to Columbia Gas' existing Line MA between Owings Mills and Fallston in Maryland. The Line MB program is crucial to the company's modernization efforts and will serve as a cornerstone for the state's natural gas supply system. The program will enhance interstate natural gas service reliability for indigenous utilities offering services to customers in areas covering Central Maryland and its adjacent provinces. The upgrades will also minimize the risk of line outages and facilitate smooth natural gas services during safety checks. The construction is slated to be completed by 2015. The company has set aside a capital outlay of $2 billion in 2013 of which 75% will be devoted to the development of revenue-generating assets. This explains NiSource's heavy investments geared mostly towards expansion and modernization of its midstream infrastructure this year. At the moment, NiSource is undertaking five major pipeline projects in the U.S., the benefits of which will be realized in the coming years. The company plans to capitalize on the current shale boom in the U.S. In Oct 2013, the company announced the building of a 12-inch, 38-mile natural gas liquids pipeline which will act as an outlet for the Utica production. The uptrend in economic activity in NiSource's service territories will also support the company's growth-oriented initiatives. Furthermore, a 37% rise in natural gas demand in North America by 2035 backed by an anticipated 66% rise in dry gas production will lead to earnings accretion. NiSource at present carries a Zacks Rank #2 (Buy). Other utility stocks looking good include Alliant Energy Corp. ( LNT ), Exelon Corp. ( EXC ) and Black Hills Corp. ( BKH ). BLACK HILLS COR (BKH): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report NISOURCE INC (NI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-11-27,13.9981,14.0703,13.9785,14.0166,"NV Energy, Inc (NVE) Ex-Dividend Date Scheduled for November 29, 2013 NV Energy, Inc ( NVE ) will begin trading ex-dividend on November 29, 2013. A cash dividend payment of $0.19 per share is scheduled to be paid on December 18, 2013. Shareholders who purchased NVE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that NVE has paid the same dividend. At the current stock price of $23.8, the dividend yield is 3.19%. The previous trading day's last sale of NVE was $23.8, representing a -0.42% decrease from the 52 week high of $23.90 and a 33.82% increase over the 52 week low of $17.79. NVE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NVE's current earnings per share, an indicator of a company's profitability, is $1.22. Zacks Investment Research reports NVE's forecasted earnings growth in 2013 as -6.81%, compared to an industry average of -.2%. For more information on the declaration, record and payment dates, visit the NVE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to NVE through an Exchange Traded Fund [ETF]? The following ETF(s) have NVE as a top-10 holding: IQ Merger Arbitrage ETF ( MNA ) Vanguard S&P Mid-Cap 400 Value ETF ( IVOV ) Vanguard Small-Cap Value ETF ( VBR ). The top-performing ETF of this group is VBR with an increase of 11.72% over the last 100 days. MNA has the highest percent weighting of NVE at 3.51%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-11-29,14.0215,14.1622,13.9874,13.9981,
EXC,2013-12-02,14.0039,14.0938,13.8603,13.9931,
EXC,2013-12-03,13.9326,14.2648,13.9101,14.2599,"[""Calpine to Buy Guadalupe Power Plant - Analyst Blog Electric utility Calpine Corporation ( CPN ) has plans to acquire a combined-cycle power plant from MinnTex Power Holdings, LLC for $625 million. The company expects to close the deal with MinnTex Power Holdings, a private equity-backed power company, in the first quarter. Located in Guadalupe County, near San Antonio, Texas, this natural gas-fired plant has a generating capacity of 1,050 megawatt (MW). On a 110-acre site, this Guadalupe plant includes two 525 MW generation blocks, each having two GE 7FA combustion turbines, two heat recovery steam generators and one GE steam turbine. If market conditions permit, this transaction also includes the rights to an advanced development opportunity for an approximately 400 MW quick-start, natural gas-fired peaker. With this acquisition, Calpine will be able to expand its generation capacity in Texas where demand for electricity is continuously rising. State regulatory authorities have also taken a number of steps to push the development of new power plants. However, a state legislator warned the Texas Public Utility Commission to slow down on proposed market changes. Regulators also stated that although the state requires more peaking units which can be set up speedily, the units need to operate only at times of rising power demand in order to compensate for falling wind generation. In this scenario, Calpine as well as other power plant owners expressed their unwillingness for the proposal as they believe that the economics of the existing Texas market does not justify new construction under such clauses. Calpine's latest deal to buy the Guadalupe power plant follows a $432 million plant acquisition in Central Texas last year and two expansions in the Houston area that will add about 520 MW to its power capacity in the state next year. Calpine Corp. generates more electricity than any other independent power producer in America, with a fleet of 93 power plants in operation or under construction, representing more than 28,000 MW of generation capacity. Currently, the company is in the midst of several vital projects, including a combined-cycle project in Delaware, a fossil fuel steam-based power plant called Deepwater Energy Center, and expansion of the Mankato Power Plant and Los Esteros critical energy facility. Calpine Corp. currently has a Zacks Rank #3 (Hold). However, better placed stocks in the space that are worth considering include Zacks Ranked #2 (Buy) Brookfield Infrastructure Partners L.P. ( BIP ), Alliant Energy Corporation ( LNT ) and Exelon Corp. ( EXC ). BROOKFIELD INFR (BIP): Free Stock Analysis Report CALPINE CORP (CPN): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Public Service Enterprise Group Incorporated (PEG) Ex-Dividend Date Scheduled for December 04, 2013 Public Service Enterprise Group Incorporated ( PEG ) will begin trading ex-dividend on December 04, 2013. A cash dividend payment of $0.36 per share is scheduled to be paid on December 31, 2013. Shareholders who purchased PEG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that PEG has paid the same dividend. At the current stock price of $32.68, the dividend yield is 4.41%. The previous trading day's last sale of PEG was $32.68, representing a -11.68% decrease from the 52 week high of $37 and a 11.35% increase over the 52 week low of $29.35. PEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PEG's current earnings per share, an indicator of a company's profitability, is $2.5. Zacks Investment Research reports PEG's forecasted earnings growth in 2013 as 3.46%, compared to an industry average of -.2%. For more information on the declaration, record and payment dates, visit the PEG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PEG through an Exchange Traded Fund [ETF]? The following ETF(s) have PEG as a top-10 holding: First Trust Utilities AlphaDEX Fund ( FXU ). The top-performing ETF of this group is FXU with an decrease of 0% over the last 100 days. It also has the highest percent weighting of PEG at 3.6%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-12-04,14.2071,14.4358,14.1574,14.4104,"Westar Energy, Inc. (WR) Ex-Dividend Date Scheduled for December 05, 2013 Westar Energy, Inc. ( WR ) will begin trading ex-dividend on December 05, 2013. A cash dividend payment of $0.34 per share is scheduled to be paid on January 02, 2014. Shareholders who purchased WR stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that WR has paid the same dividend. At the current stock price of $31.73, the dividend yield is 4.29%. The previous trading day's last sale of WR was $31.73, representing a -9.24% decrease from the 52 week high of $34.96 and a 13.52% increase over the 52 week low of $27.95. WR is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WR's current earnings per share, an indicator of a company's profitability, is $2.32. Zacks Investment Research reports WR's forecasted earnings growth in 2013 as 4.59%, compared to an industry average of -.1%. For more information on the declaration, record and payment dates, visit the WR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to WR through an Exchange Traded Fund [ETF]? The following ETF(s) have WR as a top-10 holding: First Trust Utilities AlphaDEX Fund ( FXU ). The top-performing ETF of this group is FXU with an increase of 0.2% over the last 100 days. It also has the highest percent weighting of WR at 3.65%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-12-05,14.4007,14.4681,14.1065,14.4681,"[""Scana Corporation (SCG) Ex-Dividend Date Scheduled for December 06, 2013 Scana Corporation ( SCG ) will begin trading ex-dividend on December 06, 2013. A cash dividend payment of $0.5075 per share is scheduled to be paid on January 01, 2014. Shareholders who purchased SCG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that SCG has paid the same dividend. At the current stock price of $47.61, the dividend yield is 4.26%. The previous trading day's last sale of SCG was $47.61, representing a -12.5% decrease from the 52 week high of $54.41 and a 6.46% increase over the 52 week low of $44.72. SCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). SCG's current earnings per share, an indicator of a company's profitability, is $3.43. Zacks Investment Research reports SCG's forecasted earnings growth in 2013 as 7.02%, compared to an industry average of -.2%. For more information on the declaration, record and payment dates, visit the SCG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""PEPCO Holdings, Inc. (POM) Ex-Dividend Date Scheduled for December 06, 2013 PEPCO Holdings, Inc. ( POM ) will begin trading ex-dividend on December 06, 2013. A cash dividend payment of $0.27 per share is scheduled to be paid on December 31, 2013. Shareholders who purchased POM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 24th quarter that POM has paid the same dividend. At the current stock price of $19.09, the dividend yield is 5.66%. The previous trading day's last sale of POM was $19.09, representing a -15.98% decrease from the 52 week high of $22.72 and a 5.82% increase over the 52 week low of $18.04. POM is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). POM's current earnings per share, an indicator of a company's profitability, is -$.99. Zacks Investment Research reports POM's forecasted earnings growth in 2013 as -7.16%, compared to an industry average of -.2%. For more information on the declaration, record and payment dates, visit the POM Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-12-06,14.5042,14.811,14.4651,14.7943,"[""Ameren Corporation (AEE) Ex-Dividend Date Scheduled for December 09, 2013 Ameren Corporation ( AEE ) will begin trading ex-dividend on December 09, 2013. A cash dividend payment of $0.4 per share is scheduled to be paid on December 31, 2013. Shareholders who purchased AEE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that AEE has paid the same dividend. At the current stock price of $36.09, the dividend yield is 4.43%. The previous trading day's last sale of AEE was $36.09, representing a -3.27% decrease from the 52 week high of $37.31 and a 22.96% increase over the 52 week low of $29.35. AEE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AEE's current earnings per share, an indicator of a company's profitability, is -$3.73. Zacks Investment Research reports AEE's forecasted earnings growth in 2013 as -14.17%, compared to an industry average of -.1%. For more information on the declaration, record and payment dates, visit the AEE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AEE through an Exchange Traded Fund [ETF]? The following ETF(s) have AEE as a top-10 holding: Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ) ALPS Sector Dividend Dogs ETF ( SDOG ) WisdomTree Dividend Ex-Financials Fund ( DTN ) WisdomTree MidCap Dividend Fund ( DON ). The top-performing ETF of this group is DON with an increase of 5.53% over the last 100 days. RYU has the highest percent weighting of AEE at 2.83%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sponsored Links Look For Any High School Yearbook, It's Free Classmates The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Cosan Maintained at Neutral - Analyst Blog We recently maintained our Neutral recommendation on Cosan Limited ( CZZ ), anticipating the company to perform in line with the broader market. Why Neutral? Cosan is a well known sugar and ethanol producer, this being its core business. The company is also engaged in fuel and natural gas distribution, logistics operations, lubricants and specialties business, investments in agricultural land, and corporate structure and other investments. Diversified operations have helped Cosan expand its product and services globally. The company has operations in Brazil and Europe, besides countries in the Middle East, Asia and North America. Also, efforts are being made to further strengthen the product portfolio through acquisitions and long-term contracts or agreements. The company's association with Camil and its stake acquisitions in Comma, Am\u00e9rica Latina Log\u00edstica (ALL) and Servi\u00e7os e Tecnologia de Pagamentos S.A. (STP) would undoubtedly benefit the company. Cosan has spent roughly R$2.2 billion in fiscal 2013 (Apr 2012 to Mar 2013) and has allocated R$2.8 billion - R$3.0 billion for capital spending in the calendar year 2013. Rebranding of Esso stations to Shell brand, focus on new contracts and improved services will aid Cosan in the quarters ahead. Despite a compelling long-term growth prospect, we prefer to remain on the sidelines for Cosan. In the third quarter 2013, sugar production was down 1% and crushed sugar volume decreased 2% due to unfavorable weather conditions. Radar revenue was down 23% due to lack of property sales during the quarter. Costs and expenses grew significantly to erode many of the benefits from revenue increases. Also, results were negatively impacted by foreign exchange variations losses, unrecorded deferred fiscal credits and higher financial expenses due to increase in debt levels. Near-term risks including adverse weather conditions, rising competition, higher cost of sales and operating expenses as well as rising long-term debt might prove detrimental to the company's performance. Other Stocks to Consider Cosan currently has a market capitalization of $3.7 billion and carries a Zacks Rank #2 (Buy). Other stocks worth considering in the industry include The Andersons, Inc. ( ANDE ), Exelon Corporation ( EXC ) and Otter Tail Corporation ( OTTR ). While The Andersons carries a Zacks Rank #1 (Strong Buy), Exelon Corporation and Otter Tail both hold a Zacks Rank #2 (Buy). ANDERSONS INC (ANDE): Free Stock Analysis Report COSAN LTD-A (CZZ): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report OTTER TAIL CORP (OTTR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-12-09,14.7885,14.8276,14.6302,14.811,"Safe and steady ETFs for the new year Commentary: Dividend-paying ETFs for the uncertainty in 2014 These picks combine peace of mind and reasonable returns, writes Jim Lowell."
EXC,2013-12-10,14.811,14.8148,14.6175,14.6692,
EXC,2013-12-11,14.6488,14.7132,14.5257,14.5716,
EXC,2013-12-12,14.5257,14.6488,14.4397,14.5159,
EXC,2013-12-13,14.4983,14.5872,14.3206,14.4104,
EXC,2013-12-16,14.4064,14.5774,14.4064,14.4534,
EXC,2013-12-17,14.4397,14.4885,14.3537,14.425,
EXC,2013-12-18,14.4191,14.5442,14.172,14.5305,
EXC,2013-12-19,14.4309,14.4456,14.1065,14.1622,
EXC,2013-12-20,14.1808,14.4064,14.084,14.1808,
EXC,2013-12-23,14.2277,14.337,14.0938,14.1172,"Xcel Energy Inc. (XEL) Ex-Dividend Date Scheduled for December 24, 2013 Xcel Energy Inc. ( XEL ) will begin trading ex-dividend on December 24, 2013. A cash dividend payment of $0.28 per share is scheduled to be paid on January 20, 2014. Shareholders who purchased XEL stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that XEL has paid the same dividend. At the current stock price of $28.21, the dividend yield is 3.97%. The previous trading day's last sale of XEL was $28.21, representing a -11.26% decrease from the 52 week high of $31.79 and a 8.13% increase over the 52 week low of $26.09. XEL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). XEL's current earnings per share, an indicator of a company's profitability, is $1.9. Zacks Investment Research reports XEL's forecasted earnings growth in 2013 as 5.77%, compared to an industry average of .2%. For more information on the declaration, record and payment dates, visit the XEL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to XEL through an Exchange Traded Fund [ETF]? The following ETF(s) have XEL as a top-10 holding: iShares MSCI USA Size Factor ( SIZE ). The top-performing ETF of this group is SIZE with an decrease of 0% over the last 100 days. It also has the highest percent weighting of XEL at 0.52%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2013-12-24,14.0703,14.2277,14.0703,14.1974,
EXC,2013-12-26,14.2325,14.2815,14.129,14.1456,"[""Three 52-Week Lows Held by Gurus According the GuruFocus Value Screen for finding 52-Week Lows , Volvo Group ( VOLVY ), Exelon Corp ( EXC ) and Cenovus Energy, Inc. ( CVE ) are guru-owned stocks traded at or near a 52-week low. Here are the company updates and some recent trade highlights. Volvo Group ( VOLVY ) With shares trading at around $12.67, Volvo Group ( VOLVY ) is close to a 52-week low of $12.17. Down 6% over 12 months, Volvo Group ( VOLVY ) is a maker of trucks, buses, construction equipment, and drive systems for marine and industrial applications, as well as aircraft engine components. Volvo Group has a market cap of $25.7 billion; its shares were traded with a P/E ratio of 43.70 and P/S ratio of 0.60. The dividend yield of Volvo Group stocks is 3.70%. The GuruFocus analysis of the company shows two good signs and four warnings. Check out the 10-Year Valuations. Track historical share price, revenue and net income: Guru Action: As of the third quarter of 2013, Irving Kahn is the sole guru stakeholder. Over a five-year history, Kahn has averaged a loss of 18% on 9,000 shares bought at an average price of $15.43 per share. In the third quarter of 2013, the holding took a loss of 13.8%, with 10,000 shares at an average price of $14.70 per share. No insider trades were found. Exelon Corp. ( EXC ) With shares trading at around $27.29, Exelon Corp. ( EXC ) is close to a 52-week low of $26.64. Down 7% over 12 months, Exelon Corp. ( EXC ) is a public utility holding company, operating through its principal subsidiaries ComEd, PECO and Generation. Exelon Corp. has a market cap of $23.38 billion; its shares were traded with a P/E ratio of 14.70 and P/S ratio of 0.94. The dividend yield of Exelon Corp. stocks is 5.33%. The company had an annual average earnings growth of 5.10% over the past 10 years. The GuruFocus analysis of the company shows four good signs and five warnings. Check out the 10-Year Valuations. Track historical share price, revenue and net income: Guru Action: As of the third quarter of 2013, there are 12 guru stakeholders and some recent insider selling. Jeremy Grantham increased his position by 45.93%, buying 88,600 shares at an average price of $30.67 per share, losing 11%. Over a five-year history, Grantham has averaged a loss of 28% on 463,170 shares bought at an average price of $37.83 per share. He took a loss of 30% selling 181,670 shares at an average price of $39.04 per share. Cenovus Energy Inc. ( CVE ) With shares trading at around $28.19, Cenovus Energy Inc. ( CVE ) is close to a 52-week low of $27.25. Down 15% over 12 months, Cenovus Energy, Inc. ( CVE ) has a market cap of $21.31 billion. Cenovus Energy shares were traded with a P/E ratio of 37.20 and P/S ratio of 1.30. The dividend yield of Cenovus Energy Inc. stocks is 3.30%. Cenovus Energy Inc. was incorporated under the Canada Business Corporation Act. The GuruFocus analysis of the company shows three good signs. Check out the 10-Year Valuations. Track historical share price, revenue and net income: Guru Action: As of the third quarter of 2013, there are eight guru stakeholders and active insider selling. Bill Nygren reduced his position by 0.51%, selling 20,000 shares at an average price of $29.56 per share, losing 4.6%. Over a five-year history, Nygren has averaged a loss of 4% on 4,030,000 shares bought at an average price of $29.39 per share. He had a loss of 2% selling 100,000 shares at an average price of $28.63 per share. His current shares are 3,930,000 or 0.52% of shares outstanding. Use the GuruFocus Value Screen to find 52-Week Lows and discover potentially deep value stocks held by billionaire Guru investors. GuruFocus Real Time Picks reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only. If you are not a Premium Member, we invite you for a 7-day Free Trial . About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pacific Gas & Electric Co. (PCG) Ex-Dividend Date Scheduled for December 27, 2013 Pacific Gas & Electric Co. ( PCG ) will begin trading ex-dividend on December 27, 2013. A cash dividend payment of $0.455 per share is scheduled to be paid on January 15, 2014. Shareholders who purchased PCG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 16th quarter that PCG has paid the same dividend. At the current stock price of $41.03, the dividend yield is 4.44%. The previous trading day's last sale of PCG was $41.03, representing a -15.4% decrease from the 52 week high of $48.50 and a 4.15% increase over the 52 week low of $39.40. PCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PCG's current earnings per share, an indicator of a company's profitability, is $1.62. Zacks Investment Research reports PCG's forecasted earnings growth in 2013 as -17.45%, compared to an industry average of .3%. For more information on the declaration, record and payment dates, visit the PCG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PCG through an Exchange Traded Fund [ETF]? The following ETF(s) have PCG as a top-10 holding: Select Sector SPDR Fund - Utilities ( XLU ) Vanguard Utilities ETF ( VPU ) iShares Dow Jones U.S. Utilities Index Fund ( IDU ). The top-performing ETF of this group is IDU with an decrease of -3.88% over the last 100 days. XLU has the highest percent weighting of PCG at 3.84%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2013-12-27,14.1759,14.2815,14.1124,14.1231,
EXC,2013-12-30,14.129,14.3313,14.129,14.297,"Sorry, haters: Unloved stocks had a great year Stocks that analysts rated negatively in 2013 did better than the ones they liked Stocks that analysts rated negatively in 2013 did even better than the ones they liked, reports Brett Arends."
EXC,2013-12-31,14.3253,14.4007,14.1905,14.2492,
EXC,2014-01-02,14.2872,14.3479,14.129,14.1339,
EXC,2014-01-03,13.9931,14.0313,13.7596,13.8506,
EXC,2014-01-06,13.8436,13.9737,13.8105,13.9366,
EXC,2014-01-07,14.0313,14.046,13.8837,14.0108,
EXC,2014-01-08,14.0421,14.0938,13.9209,13.9785,
EXC,2014-01-09,13.9931,14.1007,13.9414,14.0606,
EXC,2014-01-10,14.129,14.3537,14.1007,14.1339,
EXC,2014-01-13,14.1172,14.1397,13.9814,14.0361,
EXC,2014-01-14,14.0421,14.172,13.9677,13.9874,
EXC,2014-01-15,13.9874,14.0899,13.9003,13.9277,
EXC,2014-01-16,13.9785,14.2756,13.9483,14.2599,
EXC,2014-01-17,14.3156,14.3313,14.0772,14.1495,
EXC,2014-01-21,14.1856,14.4534,14.172,14.4456,
EXC,2014-01-22,14.3899,14.6528,14.3899,14.6351,
EXC,2014-01-23,14.5491,14.7739,14.5257,14.7319,
EXC,2014-01-24,14.6752,15.1715,14.6692,14.7075,"Exelon Unit Provides 2013 Solar Update - Analyst Blog Exelon Corporation 's ( EXC ) business unit, Constellation Energy Resources, LLC, has reported its 2013 solar portfolio update. In 2013, Constellation added 38 megawatts (""MW"") of customer-sited solar generation to its portfolio, which now totals over 164 MW of solar generation either in operation or under construction phase for commercial, industrial and public sector consumers. Constellation supplies power, natural gas and energy products and services to U.S homes and businesses. The company's wide array of energy products and services include solar, energy efficiency, load response, and building and home services. Constellation currently has 58 projects and 177 installations in 10 states and the District of Columbia, which are either completed or underway. We note that Exelon generates approximately 55% of electricity from nuclear powered units. Though the company maintains necessary safety measures, nuclear power generation has been a debatable issue worldwide since the nuclear disaster in Japan. To diversify generation portfolio and reduce risks related to accidents in nuclear facilities, Exelon is currently venturing more into environment-friendly power projects. Currently, approximately 10% of the company's total production comes from renewable sources with the ratio rising gradually. Currently, utilization of renewable energy is increasing primarily due to its clean nature and a growing awareness among the masses regarding its benefits. These influence utility providers to shift their mode of power generation to solar, wind and water. Apart from Exelon, its peers ALLETE, Inc. ( ALE ), Wisconsin Energy Corporation ( WEC ) and Sempra Energy ( SRE ) are investing substantially to develop and upgrade their renewable utility assets to comply with stringent regulations. We remind investors that Exelon receives power supply orders from several government and private establishments at regular intervals. In Nov 2013, the company entered into a power supply agreement with the City of Chicago. We believe inking long-term power supply agreements on a regular basis will enable Exelon to secure a stable revenue stream going forward. A steady cash inflow will also support the company to invest more in new projects. Chicago-based Exelon currently has a Zacks Rank #2 (Buy). ALLETE INC (ALE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SEMPRA ENERGY (SRE): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-01-27,14.8003,14.8003,14.6068,14.6692,"American Electric Power Beats on Earnings, Revs - Analyst Blog American Electric Power Company Inc. ( AEP ) reported fourth quarter 2013 operating earnings of 60 cents per share, beating the Zacks Consensus Estimate of 56 cents by 7.1%. The quarterly figure also improved 20% from the year-ago profit of 50 cents. On a GAAP basis, the utility earned 71 cents a share versus earnings of 5 cents in the year-ago period. The difference between GAAP and operating earnings resulted from reversal of a third-quarter Texas regulatory disallowance. American Electric had provided operating earnings guidance of $3.05 to $3.25 per share for 2013. American Electric Power's earnings for the year came in at $3.23 per share, on the higher end of the guidance range. The bottom line was 0.9% higher than the Zacks Consensus Estimate and 4.5% higher than the prior year. GAAP earnings for 2013 were $3.04 versus $2.60 in the previous year. The difference of 19 cents between operating and GAAP earnings in 2013 was due to plant impairments of 25 cents, 5 cents of regulatory disallowance resulting from a Virginia State Corporation Commission order related to the ownership transfer of Amos Plant Unit 3, 4 cents reversal of a storm cost deferral in Virginia and one cent of restructuring charge. These were partially offset by a 16 cent U.K. windfall profit tax credit. Total Revenue American Electric Power's quarterly revenue was $3.8 billion, surpassing the Zacks Consensus Estimate of $3.3 billion by 15.1%. The reported number was 4.4% higher than the year-earlier level. Total revenue of $15.4 billion in 2013 came in ahead of the Zacks Consensus Estimate of $15.03 billion by 2.5%. Revenue was 2.8% higher than the year-ago figure of $14.9 billion. Operational Update Fuel & Other Consumables used for electricity generation in the fourth quarter was $961 million versus $974 million in the comparable year-ago period. Total expenses in the reported quarter were $1.81 billion, up 3.2% year over year. Net income of American Electric in the reported quarter was $297 million versus $242 million in the year-ago quarter. Segmental Performance Utility Operations : Operating earnings in the quarter decreased 13.4% year over year to $245.0 million. This decline was due to the negative impact of the transition to competition in Ohio, including reduced capacity payments in the PJM Interconnection (PJM), and a change in the effective tax rate. Transmission Operations : Operating earnings experienced a major boost, improving 107.7% year over year to $27.0 million in the quarter, attributable to an increase in transmission investment. AEP River Operations: This segment registered an income of $24 million, much higher than the year-ago figure of $4 million. Generation and Marketing : Operating earnings were $1.0 million, down 66.7% from $3.0 million in the fourth quarter 2012. All Other : The segment broke even during the quarter compared to a loss of $61.0 million in the year-ago period. The results benefited from increased interest income associated with a favorable court decision related to U.K. windfall profit taxes and costs associated with the early retirement of parent debt in fourth-quarter 2012. Financial Condition American Electric Power's cash and cash equivalents as of Dec 31, 2013 were $0.12 billion versus $0.28 billion as of Dec 31, 2012. Long-term debt was $18.4 billion as of Dec 31, 2013 versus $17.8 billion as of Dec 31, 2012. American Electric Power's cash flow from operating activities during 2013 was $4.1 billion compared with $3.8 billion last year. Free cash flow at the end of 2013 was $0.48 billion versus $0.78 billion in 2012. In 2013, the company used $0.95 billion to pay dividends. The strong cash flow generation capacity enables the company to boost ts dividend rate. Guidance American Electric Power, one of the largest electric utilities in the U.S., reaffirmed its 2014 earnings guidance of $3.20 to $3.40 per share. The company is also planning to make capital investments of $3.8 billion per year from 2014 through 2016 with the investment primarily skewed towards transmission asset additions. Other Upcoming Releases ALLETE, Inc. ( ALE ) is expected to release its fourth quarter 2013 financial results on Feb 14, 2014. The Zacks Consensus Estimate is 84 cents. Exelon Corporation ( EXC ) is expected to release its fourth quarter 2013 financial results on Feb 6, 2014. The Zacks Consensus Estimate is 53 cents. Brookfield Infrastructure Partners ( BIP ) is expected to release its fourth quarter 2013 financial results on Feb 5, 2014. The Zacks Consensus Estimate is 85 cents. Our View American Electric exceeded both our top- and bottom-line estimates for the reported quarter as well as full year 2013. The uptrend was driven by strong performances across the board from all its segments. American Electric increased its 2013 energy delivery nominally by 0.1% from the 2012 level. The 6.8% year-over-year increase in wholesale electric sales benefited the results, partly offset by a 1.5% decline in retail electric delivery. We believe the company will need to take initiatives to revive its retail delivery to post stronger results in 2014. As announced earlier, the company will report its earnings under five new reporting segments from the first quarter of 2014. American Electric Power currently has a Zacks Rank #3 (Hold). AMER ELEC PWR (AEP): Free Stock Analysis Report ALLETE INC (ALE): Free Stock Analysis Report BROOKFIELD INFR (BIP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-01-28,14.7709,14.7846,14.5159,14.6175,"Alliant Energy Corporation (LNT) Ex-Dividend Date Scheduled for January 29, 2014 Alliant Energy Corporation ( LNT ) will begin trading ex-dividend on January 29, 2014. A cash dividend payment of $0.51 per share is scheduled to be paid on February 14, 2014. Shareholders who purchased LNT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.51% increase over the prior quarter. The previous trading day's last sale of LNT was $50.98, representing a -5.9% decrease from the 52 week high of $54.18 and a 12.64% increase over the 52 week low of $45.26. LNT is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). LNT's current earnings per share, an indicator of a company's profitability, is $3.26. Zacks Investment Research reports LNT's forecasted earnings growth in 2013 as 6.27%, compared to an industry average of -4.9%. For more information on the declaration, record and payment dates, visit the LNT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-01-29,14.598,14.7015,14.5394,14.6635,"Southern Company Beats on Earnings, Revs - Analyst Blog Electric utility firm Southern Company ( SO ) reported fourth quarter 2013 earnings per share (excluding certain one-time charges) of 48 cents, surpassing the Zacks Consensus Estimate of 46 cents and the year-ago adjusted profit of 44 cents. The strong results could be attributed to higher electricity usage on the back of favorable weather conditions, as well as stronger industrial activity. These positives were partially offset by spiraling expenses. The Atlanta, GA-based power supplier's quarterly revenue - at $3,927.0 million - surpassed the Zacks Consensus Estimate of $3,854.0 million. Moreover, Southern Company's revenue came 6.1% higher than the fourth quarter 2012 level of $3,703.0 million. For its fiscal year ended Dec 31, 2013, Southern Company reported income (excluding the impact of special items) of $2.71 per share, above the Zacks Consensus Estimate of $2.69 and the 2012 earnings of $2.68 per share. Revenues of $17,087.0 million were 3.3% above the year ago period and also managed to beat the Zacks Consensus Estimate of $17,027.0 million. Overall Sales Breakup Milder-than-normal temperatures boosted Southern Company's electricity demand. This brought about an upward movement in overall electricity sales and usage. Total electricity sales during the fourth quarter improved 3.4% from the same period last year. Southern Company's total retail sales rose by 3.9%, reflecting higher demand from residential customers, which increased by 6.0%. Commercial sales registered a year-over-year upward movement of 1.4%. In particular, industrial sales were up by a healthy 4.8%, lifting Southern Company's fourth quarter results. With approximately a third of the company's total retail sales coming from industrial customers, direction of the economy significantly affects the fortunes of Southern Company, as compared to other utilities that are less dependent on the industrial component. Expenses Summary Southern Company's operations and maintenance cost increased 3.5% to $1,008.0 million, while the company's total operating expense for the period - at $3,128.0 million - was approximately 8.3% higher than the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. ( EXC ) and Duke Energy Corp. ( DUK ) - currently retains a Zacks Rank #4 (Sell), implying that it is expected to underperform the broader U.S. equity market over the next one to three months. Meanwhile, one can look at National Grid plc ( NGG ) as a good buying opportunity. This electric utility stock - sporting a Zacks Rank #1 (Strong Buy) - offers tremendous value and is worth buying now. DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NATL GRID -ADR (NGG): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-01-30,14.7212,15.1275,14.6918,15.0806,"Looking for Value? Why It Might Be Time to Try Exelon (EXC) - Tale of the Tape Value investing is always a very popular strategy, and for good reason. After all, who doesn't want to find stocks that have low PEs, solid outlooks, and decent dividends? Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Exelon Corporation ( EXC ). Exelon in Focus EXC may be an interesting play thanks to its forward PE of 12.3, its P/S ratio of 0.96, and its decent dividend yield of 4.41%. These factors suggest that Exelon is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that EXC has decent revenue metrics to back up its earnings. But before you think that Exelon is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 0.4% in the past 30 days, thanks to 3 upward revisions in the past one month. This estimate strength is actually enough to push EXC to a Zacks Rank #2 (Buy), suggesting it is poised to outperform. So really, Exelon is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-01-31,14.9849,15.2487,14.9712,15.0865,
EXC,2014-02-03,15.1489,15.2927,14.9301,15.0708,"[""ALLETE Up on Dividend Hike - Analyst Blog ALLETE, Inc. 's ( ALE ) share price edged up 1.1% from the previous day's price, closing at $49.98 per share on Jan 31, 2014. The marginal rise was primarily due to the market's positive response to the management's decision to increase its quarterly dividend rate. It is evident from the last few years' dividend payment history that ALLETE increases dividend rate once in a year. The market's reaction was not that large as the increment in dividend was more or less in the expected lines. The board of directors of ALLETE increased the quarterly dividend rate by 3.2% sequentially to 49 cents per share. The increased dividend will be paid on Mar 1, 2014 to stockholders of record as of Feb 14. On an annualized basis, ALLETE's dividend rate will come to $1.96 per share. The annual dividend yield will be a healthy 3.9%, higher than the industry average of 2.3%. ALLETE's strategy of paying incremental dividends supports its commitment to improve long-term value for shareholders. The last dividend hike was in Jan 2013 when it was increased 3.3% sequentially to 47.5 cents from the earlier payout of 46 cents per share. The company's cash flow from operating activities was $188.9 million during the first nine months of 2013 and the cash balance was $164.5 million as of Sep 30, 2013. During the first nine months of 2013, the company paid $57.2 million as dividends. The strong cash flow generation will enable the company to arrange for the fund required for incremental dividend payment. ALLETE is currently working to develop its infrastructure, better the quality of service and expand its customer base. In the first nine months of 2013, the company invested $186.4 million under its capital expenditure program and intends to spend $1,740 million through 2017. ALLETE currently has a Zacks Rank #2 (Buy). Other players in the utility industry, which look equally good at current levels, include Exelon Corporation ( EXC ), Wisconsin Energy Corp. ( WEC ) and CMS Energy Corporation ( CMS ). Each stock carries the same Zacks Rank as ALLETE. ALLETE INC (ALE): Free Stock Analysis Report CMS ENERGY (CMS): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corporation (EXC): New Analyst Report from Zacks Equity Research - Zacks Equity Research Report Summary: Exelon Corporation's earnings and total revenue in third quarter surpassed the Zacks Consensus Estimate, primarily due to strong performance from its utility and generation business. Exelon is taking initiative to add renewable and natural gas based power units in its generation mix. This initiative is appreciable given the increasing emphasis from the government to lower emission from power generating units. Exelon's decision to acquire Pepco Holdings will expand its regulated operations and increase visibility of earnings, going forward. Moreover, Exelon is planning to sell some of its non-core assets and use the proceeds to invest in new projects. However, we prefer to remain on the sidelines based on the increased regulatory landscape and volatile commodity pricing. Thus, we have maintained our Neutral recommendation on the stock. Overview: Chicago, IL-based Exelon Corporation (EXC) is an electric utility company operating through its subsidiaries Generation, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO) and Baltimore Gas and Electric (BGE). The company has operations in 47 states and the District of Columbia of United States, and Canada. The generation business consists of electricity generating facilities, wholesale energy marketing operations and competitive retail supply operations of Exelon Generation Company LLC (Generation). It generates electricity through nuclear, fossil and hydroelectric generation facilities. Exelon Generation is a leading competitive power generator in the country with owned generation assets of 33,138 megawatts (MW) as of Dec 31, 2013. The company's generation has six reportable segments the Mid-Atlantic, Midwest, New England, New York, Electric Reliability Council of Texas (ERCOT) and Other Regions. Source: Company Exelon's competitive retail and wholesale energy business is controlled by Constellation. Constellation and its companies are responsible for marketing Exelon Generation's products. These companies work to develop and deliver products that meet customer needs. Exelon's energy delivery business includes the operations of the three subsidiaries, ComEd, PECO and BGE. The company distributes electricity to roughly 6.6 million customers in central Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania (PECO). Exelon delivers natural gas to approximately 1.2 million customers in central Maryland (BGE) and the Philadelphia area (PECO). Exelon Corporation (EXC): Read the Full Research Report Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-02-04,15.1959,15.2155,14.9927,15.0396,"[""CMS Energy Corporation (CMS) Ex-Dividend Date Scheduled for February 05, 2014 CMS Energy Corporation ( CMS ) will begin trading ex-dividend on February 05, 2014. A cash dividend payment of $0.27 per share is scheduled to be paid on February 28, 2014. Shareholders who purchased CMS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.88% increase over the prior quarter. The previous trading day's last sale of CMS was $27.42, representing a -8.54% decrease from the 52 week high of $29.98 and a 7.83% increase over the 52 week low of $25.43. CMS is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). CMS's current earnings per share, an indicator of a company's profitability, is $1.65. Zacks Investment Research reports CMS's forecasted earnings growth in 2014 as 5.57%, compared to an industry average of -2.8%. For more information on the declaration, record and payment dates, visit the CMS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for Feb 4, 2014 : TASR, RRD, CAT, MSFT, QQQ, WEN, EXC, XOM, DATA, JCP, NUAN, BAC The NASDAQ 100 After Hours Indicator is down -4.53 to 3,465.67. The total After hours volume is currently 33,468,628 shares traded. The following are the most active stocks for the after hours session : TASER International, Inc. ( TASR ) is unchanged at $16.83, with 3,096,447 shares traded. As reported by Zacks, the current mean recommendation for TASR is in the \""buy range\"". R.R. Donnelley & Sons Company ( RRD ) is -0.08 at $17.15, with 906,135 shares traded. As reported in the last short interest update the days to cover for RRD is 10.875094; this calculation is based on the average trading volume of the stock. Caterpillar, Inc. ( CAT ) is -0.08 at $92.42, with 825,646 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2014. The consensus EPS forecast is $1.24. CAT's current last sale is 97.8% of the target price of $94.5. Microsoft Corporation ( MSFT ) is +0.01 at $36.36, with 726,560 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2014. The consensus EPS forecast is $0.65. MSFT's current last sale is 90.9% of the target price of $40. PowerShares QQQ Trust, Series 1 ( QQQ ) is -0.12 at $84.79, with 692,120 shares traded. This represents a 28.55% increase from its 52 Week Low. Wendy's Company (The) ( WEN ) is +0.02 at $8.85, with 664,127 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2013. The consensus EPS forecast is $0.1. WEN's current last sale is 110.63% of the target price of $8. Exelon Corporation ( EXC ) is +0.06 at $28.97, with 619,534 shares traded.EXC is scheduled to provide an earnings report on 2/6/2014, for the fiscal quarter ending Dec2013. The consensus earnings per share forecast is 0.53 per share, which represents a 64 percent increase over the EPS one Year Ago Exxon Mobil Corporation ( XOM ) is +0.03 at $90.05, with 510,748 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2014. The consensus EPS forecast is $1.98. XOM's current last sale is 86.59% of the target price of $104. Tableau Software, Inc. ( DATA ) is +12.21 at $91.64, with 492,139 shares traded. RTT News Reports: Tableau Software Posts Q4 Profit - Quick Facts J.C. Penney Company, Inc. Holding Company ( JCP ) is -0.03 at $5.05, with 490,026 shares traded., following a 52-week high recorded in today's regular session. Nuance Communications, Inc. ( NUAN ) is -0.2 at $15.08, with 485,712 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2013. The consensus EPS forecast is $0.08. NUAN is scheduled to provide an earnings report on 2/6/2014, for the fiscal quarter ending Dec2013. The consensus earnings per share forecast is 0.08 per share, which represents a 22 percent increase over the EPS one Year Ago Bank of America Corporation ( BAC ) is -0.02 at $16.33, with 423,136 shares traded. Over the last four weeks they have had 6 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2014. The consensus EPS forecast is $0.3. BAC's current last sale is 90.72% of the target price of $18. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-02-05,14.9663,15.1275,14.8627,15.0142,"[""Utilities Select Sector SPDR Fund Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $52.1 million dollar outflow -- that's a 1.0% decrease week over week (from 131,274,160 to 129,924,160). Among the largest underlying components of XLU, in trading today Southern Company (Symbol: SO) is off about 0.2%, Exelon Corp. (Symbol: EXC) is up about 0.1%, and American Electric Power Company, Inc. (Symbol: AEP) is lower by about 0.8%. The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $35.80 per share, with $41.44 as the 52 week high point - that compares with a last trade of $38.36. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for February 6, 2014 : GM, BCE, TEVA, EXC, AET, CMI, NBL, K, PPL, PRGO, NU, ADS The following companies are expected to report earnings prior to market open on 02/06/2014. Visit our Earnings Calendar for a full list of expected earnings releases. General Motors Company ( GM ) is reporting for the quarter ending December 31, 2013. The auto (domestic) company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.88. This value represents a 83.33% increase compared to the same quarter last year. GM missed the consensus earnings per share in the 4th calendar quarter of 2012 by -2.04%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for GM is 10.60 vs. an industry ratio of 320.40. BCE, Inc. ( BCE ) is reporting for the quarter ending December 31, 2013. The diversified company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.65. This value represents a no change for the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for BCE is 14.62 vs. an industry ratio of 11.90, implying that they will have a higher earnings growth than their competitors in the same industry. Teva Pharmaceutical Industries Limited ( TEVA ) is reporting for the quarter ending December 31, 2013. The medical company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.40. This value represents a 6.06% increase compared to the same quarter last year. TEVA missed the consensus earnings per share in the 4th calendar quarter of 2012 by -0.75%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for TEVA is 8.92 vs. an industry ratio of 6.50, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation ( EXC ) is reporting for the quarter ending December 31, 2013. The electric power utilities company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.53. This value represents a 17.19% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for EXC is 11.43 vs. an industry ratio of 13.60. Aetna Inc. ( AET ) is reporting for the quarter ending December 31, 2013. The hmo company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.35. This value represents a 43.62% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for AET is 11.46 vs. an industry ratio of 11.00, implying that they will have a higher earnings growth than their competitors in the same industry. Cummins Inc. ( CMI ) is reporting for the quarter ending December 31, 2013. The engines company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.98. This value represents a 2.59% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CMI is 16.68 vs. an industry ratio of 10.40, implying that they will have a higher earnings growth than their competitors in the same industry. Noble Energy Inc. ( NBL ) is reporting for the quarter ending December 31, 2013. The oil (us exp & production) company's consensus earnings per share forecast from the 18 analysts that follow the stock is $0.66. This value represents a 19.51% decrease compared to the same quarter last year. NBL missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -5.48%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for NBL is 20.37 vs. an industry ratio of -40.90, implying that they will have a higher earnings growth than their competitors in the same industry. Kellogg Company ( K ) is reporting for the quarter ending December 31, 2013. The food company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.82. This value represents a 22.39% increase compared to the same quarter last year. In the past year K has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for K is 15.23 vs. an industry ratio of 20.80. PPL Corporation ( PPL ) is reporting for the quarter ending December 31, 2013. The electric power utilities company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.51. This value represents a 4.08% increase compared to the same quarter last year. PPL missed the consensus earnings per share in the 3rd calendar quarter of 2013 by -4.35%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PPL is 12.84 vs. an industry ratio of 13.60. Perrigo Company ( PRGO ) is reporting for the quarter ending December 31, 2013. The medical products company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.60. This value represents a 17.65% increase compared to the same quarter last year. PRGO missed the consensus earnings per share in the 1st calendar quarter of 2013 by -1.39%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for PRGO is 23.53 vs. an industry ratio of 4.20, implying that they will have a higher earnings growth than their competitors in the same industry. Northeast Utilities ( NU ) is reporting for the quarter ending December 31, 2013. The electric power utilities company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.58. This value represents a 3.57% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for NU is 17.05 vs. an industry ratio of 13.60, implying that they will have a higher earnings growth than their competitors in the same industry. Alliance Data Systems Corporation ( ADS ) is reporting for the quarter ending December 31, 2013. The financial transactions company's consensus earnings per share forecast from the 7 analysts that follow the stock is $2.18. This value represents a 26.74% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ADS is 25.15 vs. an industry ratio of 38.00. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-02-06,14.9887,15.5458,14.9887,15.3434,"[""Stock Market News for February 06, 2014 - Market News Favorable service sector data failed to add enough strength to the benchmarks yesterday as they suffered another round of losses. A choppy session saw the benchmarks open lower, followed by S&P 500 and Dow's momentary halts in the green zone, after ultimately closing in the red. Separately, private employers were reported to have added lesser jobs than expected. The Dow Jones Industrial Average (DJI) dropped a meager 0.03% to close yesterday's session at 15,440.23. The Standard & Poor 500 was down 0.2% to finish at 1,751.64. The tech-laden Nasdaq Composite Index finished at 4,011.55, down 0.5%. The fear-gauge CBOE Volatility Index (VIX) rose 4.4% to settle at 19.95. About 6.6 billion shares changed hands on the US exchanges, lower than January's average of 6.94 billion. Decliners outran the advancers on the New York Stock Exchange as for 56% decliners, 40% stocks finished in the green. It was a choppy session for the benchmarks as they had opened sharply lower before overcoming a large chunk of losses. The S&P 500 had dropped to a session low of 1,737.92, its lowest level since Oct 18. The Dow too wiped out its earlier losses to turn positive for a while, but the blue-chip index failed to hold on to those gains till the closing bell. The choppy session was largely a result of mixed economic reports. This set of reports was closely awaited after the markets were routed on Monday following dismal domestic manufacturing data. Coming to the reports, the Institute for Supply Management reported that economic activity in non-manufacturing sector improved in January with business activity and new orders index also showing an uptrend. The Institute for Supply Management Non-Manufacturing Business Survey Committee noted that the NMI improved 1 percentage point on monthly basis to 54% in January. This also beat the consensus estimate of an increase to 53.6. Also, Non-Manufacturing Business Activity Index was up 2 percentage points to 56.3% and the New Orders Index added 0.5 percentage point from December to move to 50.9% in January. This data added some bullishness to the markets before fewer than expected private sector job additions offset these gains. The national employment report from Automatic Data Processing, Inc. (NASDAQ: ADP ) stated 175, 000 private jobs were added in January, lower than expectations of 189,000 job additions. Also, December's reading was revised downwards, from 238,000 to 227, 000. January's lesser-than-expected job additions were also the weakest since last August. This marks the third straight month of drop in job additions, as 289,000 jobs were added in November, followed by 227,000 in December and 175,000 in January. The negative tone of the reports is particularly significant since ISM had reported dismal domestic manufacturing data on Monday that hammered benchmarks. According to the ISM, January PMI has dropped 5.2 percentage points from December's adjusted reading of 56.5% to 51.2%. The drop to 52.1% in January was in sharp contrast to economists' expectation of an increase to 56.1%. Benchmarks were hammered on Monday following the discouraging data and the blue-chip index had suffered its seventh triple-digit loss of the year. The indices suffered their worst declines since June last year that dragged them below key technical levels. The Dow closed below its 200-day moving after losing 326 points, while S&P 500 and Nasdaq also lost sharply. Benchmarks' fall on Wednesday only added to the negative run and Tuesday's gains could hardly erode the losses. As of now, indices are staring at weekly losses. The Dow, S&P 500 and the Nasdaq are down 1.7%, 1.7% and 2.3%, respectively, so far. Coming back to Wednesday's events, Ralph Lauren Corporation (NYSE: RL ) said earnings for the third quarter of fiscal 2014 had surged 11.3% year over year to $2.57 per share. The profits were also ahead of the Zacks Consensus Estimate of $2.51. Despite encouraging profits, shares of this retailer dropped 3.6%. Separately, Gilead Sciences Inc. (NASDAQ: GILD ) was a big drag on the S&P 500 as it lost 4.72%. The decline came a day after reporting favorable fourth quarter results. Earnings in the quarter were 52 cents ahead of the Zacks Consensus Estimate of 49 cents and improved 8.3% year over year. Revenues were up 21% from last year's comparable quarter to $3.1 billion. Among the sectors, utilities sector was a big decliner. The Utilities Select Sector SPDR (XLU) lost 0.4% and stocks such as Duke Energy Corporation (NYSE: DUK ) (0.5%), Dominion Resources, Inc. (NYSE: D ), NextEra Energy, Inc. (NYSE: NEE ), Southern Company (NYSE: SO ) and Exelon Corporation (NYSE: EXC ) declined 0.5%, 0.2%, 0.9%, 0.4% and 0.2%, respectively. AUTOMATIC DATA (ADP): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report GILEAD SCIENCES (GILD): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report RALPH LAUREN CP (RL): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Misses Q4 Earnings, Beats Revs - Analyst Blog Exelon Corporation ( EXC ) announced fourth-quarter 2013 adjusted operating earnings of 50 cents per share, missing the Zacks Consensus Estimate by 5.7%. Quarterly earnings plunged 21.9% year over year due to a decline in realized energy prices for the sale of energy at every region and higher depreciation and amortization expenses. On a GAAP basis, quarterly earnings were 58 cents compared with 44 cents a year ago. The difference between GAAP and adjusted operating earnings was primarily due to the combined impact from a mark-to-market gain from the economic hedging activities, unrealized gains for the Nuclear Decommissioning Trust Fund Investments, a merger and integration related costs, charges related to the Midwest Generation bankruptcy and charges for the amortization of commodity contract intangibles. For 2013, the company's adjusted operating earnings were $2.50 per share, lagging the Zacks Consensus Estimate by 3 cents. Annual earnings were 12.3% lower than the year-ago level. Exelon's GAAP earnings were $2.00 per share in 2013 compared with the prior-year figure of $1.42 per share. Total Revenue In fourth-quarter 2013, Exelon's total operating revenues of $6.2 billion beat the Zacks Consensus Estimate by 11.6%. However, quarterly revenues edged down 1.3% year over year primarily due to lower sales figures at the company's Generation and Commonwealth Edison Co. (\""ComEd\"") businesses. This was partially offset by a rise in revenues from PECO Energy Company (\""PECO\"") and Baltimore Gas and Electric (\""BGE\"") divisions. The company's annual total operating revenues were $24.9 billion, surpassing the Zacks Consensus Estimate by 1.2%. Reported revenues increased 6% from the prior-year figure. Quarterly Highlights In the quarter under review, Exelon's total operating expenses decreased 4.3% year over year to $5.3 billion, mainly due to a decrease in purchase power and fuel expenses as well as operating and maintenance expenses. Decline in total operating expenses offset the decline in total operating revenues, resulting in an operating income of $0.9 billion, up 26.3% year over year. In fourth-quarter, the company supplied/sold total electricity of 59,381 Gigawatt hours, down 8.7% year over year. Financial Update As of Dec 31, 2013, Exelon's cash balance was $1.5 billion compared with $1.4 billion at the end of 2012. Long-term debt as of Dec 31, 2013 totaled $17.3 billion, up from $17.2 billion as of Dec 31, 2012. For 2013, net cash flows provided by operating activities were $6.3 billion versus $6.1 billion in the year-ago comparable period. Exelon's capital expenditure was $5.4 billion in 2013 compared with $5.8 billion a year ago. Hedges Exelon's hedging program involves hedging of the commodity risks for expected generation, typically on a ratable basis over a three-year period. The proportion of expected generation hedged as of Dec 31, 2013, is 91% - 94% for 2014, 62% - 65% for 2015, and 30% - 33% for 2016. Guidance Exelon provided guidance for 2014 adjusted operating earnings in the range of $2.25 - $2.55 per share. Peer Comparison Dominion Resources, Inc. ( D ) reported fourth-quarter 2013 operating earnings of 80 cents per share, missing the Zacks Consensus Estimate by 9.1%. Zacks Rank Exelon currently has a Zacks Rank #2 (Buy). Some other stocks worth considering in the utilities sector include The AES Corp. ( AES ) and CMS Energy Corp. ( CMS ), each with Zacks Rank #2 (Buy). AES CORP (AES): Free Stock Analysis Report CMS ENERGY (CMS): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-02-07,15.4519,15.4519,15.1275,15.3161,"[""Northeast Utilities Misses Q4 Earnings, Beats Revs - Analyst Blog Northeast Utilities ( NU ) announced fourth-quarter 2013 adjusted earnings of 57 cents per share, missing the Zacks Consensus Estimate by a penny. However, reported earnings edged up 1.8% year over year primarily due to higher operating revenues and a decrease in depreciation expenses. On a GAAP basis, the company reported earnings of 56 cents per share compared with 55 cents per share. The difference between GAAP and adjusted earnings was due to an after-tax integration charges of 1 cent associated with the NSTAR merger. For 2013, the company's adjusted earnings were $2.53 per share, lagging the Zacks Consensus Estimate by 0.8%. Annual earnings were 11% higher than the year-ago level. Northeast Utilities' GAAP earnings were $2.49 per share in 2013 compared with the prior-year figure of $1.89 per share. Revenues In fourth-quarter 2013, Northeast Utilities' operating revenues of $1.8 billion surpassed the Zacks Consensus Estimate by 12.3%. Quarterly revenues climbed 5.6% year over year due to an improvement in retail natural gas and electricity distribution volumes. The company's annual total operating revenues increased 16.4% year over year to $7.3 billion. Segmental Highlights Northeast Utilities' quarterly earnings from Natural Gas Distribution and Electric Transmission segments increased 19.1% and 4.4% respectively, year over year. This was partially offset by a decrease in earnings from the company's Electric Distribution and Generation (down 1% year over year) and NU Parent and Other Companies (down 50% year over year) divisions. Operational Highlights In the quarter under review, Northeast Utilities' total operating expenses climbed 4.8% year over year, mainly on the back of a rise in purchased power, fuel and transmission costs, and higher operations and maintenance expenses. An increase in operating revenues more than offset the rise in total operating expenses, thereby resulting in an operating income of $0.4 billion, up 8.8% year over year. In fourth-quarter 2013, Northeast Utilities' overall retail electricity distribution volume edged up 2% year over year to 13,377 Gigawatt hours. The company's natural gas distribution volume was 30,212 million cubic feet, up 9.9% year over year. Guidance Northeast Utilities provided 2014 earnings guidance in the range of $2.60 - $2.75 per share. The company also reported long-term earnings per share growth projection in the band of 6% - 8% from 2012 through 2017. Other Company Releases Dominion Resources, Inc. ( D ) reported fourth-quarter 2013 operating earnings of 80 cents per share, missing the Zacks Consensus Estimate by 9.1%. Exelon Corporation ( EXC ) announced fourth-quarter 2013 adjusted operating earnings of 50 cents per share, missing the Zacks Consensus Estimate by 5.7%. PPL Corporation ( PPL ) reported fourth-quarter 2013 earnings from ongoing operations of 60 cents per share, beating the Zacks Consensus Estimate by 17.6%. Our View In fourth-quarter and full-year 2013, Northeast Utilities failed to beat the earnings estimate primarily due to higher operating expenses and an increase in shares outstanding. However, we see several positives which will allow the company to improve its upcoming performance. For 2013, the company added 10,356 new natural gas heating customers at its natural gas utilities division. Northeast Utilities plans to invest more to expand and upgrade its natural gas distribution assets, thereby meeting increasing customer demand. We appreciate Northeast Utilities' effort towards expansion of its existing assets while adding new ones to its portfolio. The company has completed its Greater Springfield Reliability Project. These initiatives will enable the company to provide uninterrupted services to its customers. However, we are concerned about the stringent regulations, volatility in fuel prices and over-dependence on transmission and distribution businesses, which could challenge the company's future performance. Northeast Utilities currently has a Zacks Rank #4 (Sell). DOMINION RES VA (D): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NORTHEAST UTIL (NU): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for February 10, 2014 Consolidated Edison Inc ( ED ) will begin trading ex-dividend on February 10, 2014. A cash dividend payment of $0.63 per share is scheduled to be paid on March 15, 2014. Shareholders who purchased ED stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.44% increase over the prior quarter. The previous trading day's last sale of ED was $53.8, representing a -15.97% decrease from the 52 week high of $64.03 and a 1.8% increase over the 52 week low of $52.85. ED is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ED's current earnings per share, an indicator of a company's profitability, is $3.51. Zacks Investment Research reports ED's forecasted earnings growth in 2013 as .36%, compared to an industry average of -2.6%. For more information on the declaration, record and payment dates, visit the ED Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ED through an Exchange Traded Fund [ETF]? The following ETF(s) have ED as a top-10 holding: Vanguard Utilities ETF ( VPU ) SPDR S&P Dividend ETF ( SDY ) iShares MSCI USA Size Factor ( SIZE ). The top-performing ETF of this group is SIZE with an increase of 5.21% over the last 100 days. VPU has the highest percent weighting of ED at 2.79%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-02-10,15.2692,15.3708,15.2047,15.2927,
EXC,2014-02-11,15.2585,15.408,15.1598,15.3337,"Entergy Beats Both on Earnings & Revenues - Analyst Blog Entergy Corporation ( ETR ) posted fourth-quarter 2013 operational earnings of $1.00 per share, beating the Zacks Consensus Estimate by 6.4%. Quarterly earnings decreased 41.9% year over year, primarily due to higher total operating expenses and an increase in shares outstanding. Excluding special items of 18 cents, the company's quarterly GAAP earnings were 82 cents per share. The result was down 50.6% year over year. For 2013, Entergy's operational earnings were $5.36 per share, surpassing the Zacks Consensus Estimate by 3.3%. Annual earnings were 14% lower than the year-ago level. The company's GAAP earnings were $3.99 per share in 2013 compared with the prior-year figure of $4.76 per share. Operational Results In the quarter under review, Entergy's total operating revenues of $2.7 billion surpassed the Zacks Consensus Estimate by 11.9%. Reported revenues surged 10.5% year over year, primarily due to improvement in revenues from Electric (up 15.3% year over year) and Natural gas (up 9.6% year over year) divisions. This was partially offset by lower contribution from Competitive businesses (down 5% year over year). The company's annual total operating revenues were $11.4 billion, beating the Zacks Consensus Estimate by 0.8%. Reported revenues increased 10.6% from the prior-year figure. Segment Results Utility : The segment's quarterly earnings were $161.2 million on an as-reported basis and $153.7 million on an operational basis compared with $279.7 million on as-reported and $290.5 million on operational basis in fourth-quarter 2012. The year-over-year decrease was largely due to an increase in income tax expense and non-fuel operation and maintenance expenses, and higher depreciation expenses and other taxes. Entergy Wholesale Commodities : Entergy Wholesale Commodities' as-reported earnings were $42.1 million while operational earnings were $85.6 million for fourth-quarter 2013. During the corresponding quarter last year, earnings on an as-reported as well as operational basis were $58.8 million. The improvement in operational earnings was primarily due to a rise in other income and lower income tax expenses. Parent & Other : In the reported quarter, the unit reported a loss of $56.3 million on as-reported basis and a loss of $60.0 million as an operational basis. This compares to a loss of $42.3 million on an as-reported and operational basis in the year-ago quarter. The sale of the company's District Energy business negatively impacted quarterly results. Financial Condition As of Dec 31, 2013, Entergy's total cash and cash equivalents were $0.7 billion compared with $0.5 billion at the end of 2012. Long-term debt as of Dec 31, 2013 totaled $12.1 billion, up from $11.9 billion as of Dec 31, 2012. For 2013, net cash flows provided by operating activities were $0.99 billion versus $0.7 billion in the year-ago comparable period. Entergy's capital expenditure was $0.5 billion in 2013 compared with $0.8 billion a year ago. Guidance Entergy maintained its 2014 earnings guidance in the range of $4.60 - $5.40 per share on an operational basis. Peer Comparison Exelon Corporation ( EXC ) announced fourth-quarter 2013 adjusted operating earnings of 50 cents per share, missing the Zacks Consensus Estimate by 5.7%. Zacks Rank Entergy currently has a Zacks Rank #3 (Hold). However, some better-ranked stocks in the same industry include Integrys Energy Group, Inc. ( TEG ) and CMS Energy Corp. ( CMS ), each with Zacks Rank #2 (Buy). CMS ENERGY (CMS): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report INTEGRYS ENERGY (TEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-02-12,15.3337,15.3386,15.1353,15.2145,
EXC,2014-02-13,15.1852,15.5595,15.1686,15.4568,"Noteworthy ETF Outflows: IDU, SO, EXC, AEP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $39.8 million dollar outflow -- that's a 6.6% decrease week over week (from 6,100,000 to 5,700,000). Among the largest underlying components of IDU, in trading today Southern Company (Symbol: SO) is up about 0.5%, Exelon Corp. (Symbol: EXC) is up about 1.2%, and American Electric Power Company, Inc. (Symbol: AEP) is up by about 0.4%. The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $90.92 per share, with $102.69 as the 52 week high point - that compares with a last trade of $99.88. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-02-14,15.4245,15.6678,15.3835,15.6346,"EXC Added as Top 10 Utility Dividend Stock With 4.22% Yield Exelon Corp. (Symbol: EXC) has been named as a Top 10 dividend paying utility stock, according to Dividend Channel , which published its weekly ''DividendRank'' report. The report noted that among utilities, EXC shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent EXC share price of $29.40 represents a price-to-book ratio of 1.2 and an annual dividend yield of 4.22% - by comparison, the average utility stock in Dividend Channel's coverage universe yields 4.0% and trades at a price-to-book ratio of 1.9. The report also cited the strong quarterly dividend history at Exelon Corp., and favorable long-term multi-year growth rates in key fundamental data points. The report stated, '' Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research. '' The annualized dividend paid by Exelon Corp. is $1.24/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 02/12/2014. Below is a long-term dividend history chart for EXC, which Dividend Channel stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. 'ed Utility Stocks » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-02-18,15.6463,15.8671,15.5838,15.8007,"[""Avista Corporation (AVA) Ex-Dividend Date Scheduled for February 19, 2014 Avista Corporation ( AVA ) will begin trading ex-dividend on February 19, 2014. A cash dividend payment of $0.3175 per share is scheduled to be paid on March 14, 2014. Shareholders who purchased AVA stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.1% increase over the prior quarter. The previous trading day's last sale of AVA was $29.84, representing a -0.13% decrease from the 52 week high of $29.88 and a 17.69% increase over the 52 week low of $25.36. AVA is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AVA's current earnings per share, an indicator of a company's profitability, is $1.59. Zacks Investment Research reports AVA's forecasted earnings growth in 2013 as 34.85%, compared to an industry average of -.6%. For more information on the declaration, record and payment dates, visit the AVA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AVA through an Exchange Traded Fund [ETF]? The following ETF(s) have AVA as a top-10 holding: SPDR Russell 2000 Low Volatility ( SMLV ). The top-performing ETF of this group is SMLV with an increase of 6.67% over the last 100 days. It also has the highest percent weighting of AVA at 1.85%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""NiSource Beats Q4 Earnings, Up Y/Y - Analyst Blog NiSource Inc. ( NI ) posted fourth-quarter 2013 net operating earnings from continuing operations of 47 cents per share, surpassing the Zacks Consensus Estimate by a penny. Quarterly earnings jumped 6.8% year over year, primarily due to improvement in top-line performance. The company recorded quarterly GAAP earnings of 49 cents per share compared with 42 cents per share in the prior year. For 2013, NiSource's net operating earnings from continuing operations were $1.58 per share, beating the Zacks Consensus Estimate by 1.9%. Annual earnings were 8.2% higher than the year-ago figure. On a GAAP basis, the company reported earnings of $1.57 per share compared with the prior-year figure of $1.40 per share. Total Revenues NiSource's gross revenues during the quarter increased 13.8% year over year to $1.6 billion. The top-line rise came on the back of higher contributions across the company's segments, comprising Gas Distribution , Gas Transportation and Storage , Electric Operations and Other segments. The company's annual gross revenues were $5.7 billion, surpassing the Zacks Consensus Estimate by 2.1%. Reported revenues increased 11.7% from the prior-year top line figure. Highlights of the Release In the quarter under review, NiSource's total operating expenses increased 7.1% to $715.8 million from $668.3 million a year ago. The surge in expense was primarily due to a 6.2% spike in operating and maintenance expenses and a 3.6% increase in depreciation and amortization expenses. However, the company's operating income climbed 8.8% year over year to $340 million. Interest expenses increased 6.4% year over year to $110.5 million, primarily owing to an increase in debt level. Financial Position As of Dec 31, 2013, NiSource had cash and cash equivalents of $26.8 million, down from $36.3 million as of Dec 31, 2012. Long-term debt (excluding amounts due within one year) as of Dec 31, 2013 was $7,593.2 million versus $6,819.1 million as of Dec 31, 2012. For 2013, net cash flows provided by operating activities were $1,436.8 million versus $1,275.5 million in the year-ago comparable period. NiSource's capital expenditure was $1,879.9 million in 2013 compared with $1,498.8 million a year ago. Guidance NiSource provided its 2014 net operating earnings expectation of $1.61 - $1.71 per share. The company remains focused on earnings-accretive infrastructure replacement and modernization programs with long-term earnings growth expectation in range of 5% - 7%. At the Peer Northeast Utilities ( NU ) announced fourth-quarter 2013 adjusted earnings of 57 cents per share, missing the Zacks Consensus Estimate by a penny. Zacks Rank NiSource currently has a Zacks Rank #4 (Sell). However, some better-ranked stocks in the same sector include Exelon Corp. ( EXC ) and Wisconsin Energy Corp. ( WEC ), each with a Zacks Rank #2 (Buy). EXELON CORP (EXC): Free Stock Analysis Report NISOURCE INC (NI): Free Stock Analysis Report NORTHEAST UTIL (NU): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-02-19,15.7616,15.9444,15.6405,15.7519,"Hawaiian Electric Beats on Earnings, Lags Rev - Analyst Blog Hawaiian Electric Industries Inc. ( HE ) posted fourth quarter 2013 core earnings of 39 cents per share, beating the Zacks Consensus Estimate by 2 cents. The quarterly figure, however, was in line with the year-ago profit level. The results reflect a strong operational performance and the proficient use of monetary resources. Full-year 2013 earnings came in at $1.62 per share, down 3.6% from the year-earlier figure of $1.68. The weak result was due to earnings declines at both American Savings Bank and Hawaiian Electric Company. Operating Statistics Total revenue at the end of the reported quarter was $826.4 million, down 1.4% year over year. Reported results were also below the Zacks Consensus Estimate of $915.0 million. The downside reflects lower electric utility as well as bank sales. Total expenses were down 5.8% year over year to $754.2 million. Total operating income was $72.3 million, up 94% year over year. Quarterly Segmental Net Income Electric Utility: Segment net income increased 11.5% year over year to $32.0 million. The results reflect lower operations and maintenance expense, partially offset by higher depreciation expense. Banking: Hawaiian Electric's Banking segment recorded net income of $12.2 million in the reported quarter, down 15.2% from $14.4 million in the year-ago quarter. The year-over-year decrease was due to lower non-interest income and lower provision for loan losses. Other: The segment digested a quarterly net loss of $5.2 million, wider than the year-earlier loss of $4.8 million. Financial Update Cash and cash equivalents as of Dec 31, 2013, were $220.0 million, up from $219.7 million as of Dec 31, 2012. Long-term debt, net other than bank was $1,492.9 million, higher than the 2012 level of $1,422.9 million. Peer Reviews Exelon Corporation ( EXC ) announced fourth-quarter 2013 adjusted operating earnings of 50 cents per share, missing the Zacks Consensus Estimate by 5.7%. Quarterly earnings plunged 21.9% year over year due to a decline in realized energy prices and higher depreciation and amortization expenses. Dominion Resources, Inc. ( D ) reported fourth-quarter 2013 operating earnings of 80 cents per share, missing the Zacks Consensus Estimate by 9.1%. Our Take Though Hawaiian Electric's bottom line succeeded in beating the Zacks Consensus Estimate, the top line fell short. Going forward, lower electricity volume sales, a tourism-dependant Hawaiian economy and uncertainty over the Japanese economy keep us concerned. However, the company is progressing smoothly to comply with the Hawaii Clean Energy Initiative that calls for generating 70% of its energy needs from renewable sources by 2030. In 2013, Hawaiian Electric Company has already provided nearly 18% of customers' electricity usage from renewable sources. This is higher than the 2015 renewable portfolio standard of 15%. The company is also engaged in the issuance of shares for its capital needs. The company presently has a Zacks Rank #4 (Sell). In the near term, we would advise investors to accumulate its Zacks Ranked #1 (Strong Buy) peer Otter Tail Corporation ( OTTR ). DOMINION RES VA (D): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report HAWAIIAN ELEC (HE): Free Stock Analysis Report OTTER TAIL CORP (OTTR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-02-20,15.7421,15.9228,15.6288,15.8925,"Xcel Energy Increases Dividend - Analyst Blog Xcel Energy Inc. ( XEL ) has announced that it will pay an incremental dividend in first- quarter 2014. The board of directors has increased the quarterly dividend rate by 7.1% sequentially and 11.1% year over year to 30 cents per share. The increased dividend will be paid on Apr 20, 2014 to stockholders of record as of Mar 20. On an annualized basis, Xcel Energy's dividend rate will come to $1.20 per share. The annual dividend yield will be 4.1%, higher than the industry average of 2.3%. Xcel Energy's practice of distributing incremental dividends supports its commitment to improve shareholders' value. It is evident from the last few years' dividend payment history that the company increases dividend rate once in a year. The last dividend hike was in Jun 2013 when it was increased 3.7% to 28 cents from the earlier payout of 27 cents per share. In the long term, Xcel Energy plans to raise the average annual dividend in the range of 4% - 6%. As of Jan 28, 2014, Xcel Energy had available liquidity of approximately $1.3 billion. A stable financial position helps the company to meet its anticipated cash requirements for dividend payment and future projects. Xcel Energy is currently working on expanding its traditional as well as renewable fuel-fired asset base, while improving existing infrastructure to provide reliable services to the customers. The company invested approximately $3.4 billion in 2013 as capital expenditure and plans to spend $14.1 billion within a time span of 2014 - 2018. The company's steady utility infrastructure expansion program is expected to allow it to boost its scale of operations, thereby meeting increased customer demand. Xcel Energy currently has a Zacks Rank #2 (Buy). Other players in the utility industry, looking equally good at current levels include Portland General Electric Co. ( POR ), CMS Energy Corp. ( CMS ) and Exelon Corp. ( EXC ). While Portland General Electric holds a Zacks Rank #1 (Strong Buy), CMS Energy and Exelon carry a Zacks Rank #2 (Buy). CMS ENERGY (CMS): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PORTLAND GEN EL (POR): Free Stock Analysis Report XCEL ENERGY INC (XEL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-02-21,15.9101,16.1465,15.8242,15.9932,"[""Pinnacle West Beats Q4 Earnings & Revs - Analyst Blog Pinnacle West Capital Corporation ( PNW ) reported adjusted earnings per share of 22 cents in fourth-quarter 2013, beating the Zacks Consensus Estimate by 15.8%. Quarterly earnings were 8.3% lower than the year-ago figure, primarily due to a reduction in number of residential cooling degree days in the Phoenix-metro area in Oct 2013, higher expenses for fuel and purchased power and a decline in retail electricity sales volume. For 2013, the company's adjusted earnings were $3.66 per share, surpassing the Zacks Consensus Estimate by 0.5%. Annual earnings increased 4.6% year over year. Revenues Pinnacle West's quarterly revenues of $699.8 million surpassed the Zacks Consensus Estimate by 1.7%. Reported revenues edged up around 1% from the year-ago figure. The company's annual revenues were $3,454.6 million, marginally missing the Zacks Consensus Estimate of $3,456 million. Reported result increased 4.6% from the prior-year revenues of $3,301.8 million. Operational Highlights In the quarter under review, Pinnacle West's total electricity sales volume decreased 5.5% year over year to 6,693 gigawatt-hour (\""GWH\"") mainly due to lower retail business sales volume and a drop in traditional contracts volume. On the cost side, the company's total operating expenses increased 4.1% year over year to $615.9 million, primarily due to higher expenses for fuel and purchased power, and operations and maintenance expenses. Quarterly operating income decreased 17.2% to $83.9 million from the year-ago figure of $101.3 million. Financials As of Dec 31, 2013, Pinnacle West's cash and cash equivalents were $9.5 million versus $26.2 million as of Dec 31, 2012. Long-term debt (less current maturities), as of Dec 31, 2013, was $2,796.5 million compared with $3,199.1 million as of Dec 31, 2012. Net cash provided by operating activities in 2013 was $1,153.3 million versus $1,171.1 million in the year-ago period. For 2013, Pinnacle West's capital expenditure increased around 14.2% to $1,016.3 million from $889.6 million in the year-ago comparable period. Guidance Pinnacle West retained its earnings guidance for 2014 in the range of $3.60 - $3.75 per share. The company plans to achieve yearly growth of minimum 9.5% through 2015 for return on average common equity. Peer Comparison Exelon Corp. ( EXC ) announced fourth-quarter 2013 adjusted operating earnings of 50 cents per share, missing the Zacks Consensus Estimate by 5.7%. Zacks Rank Pinnacle West currently has a Zacks Rank #2 (Buy). Other players in the utility industry looking equally good at current levels include Wisconsin Energy Corp. ( WEC ) and CMS Energy Corp. ( CMS ). Each stock carries the same Zacks Rank as Pinnacle West. CMS ENERGY (CMS): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PINNACLE WEST (PNW): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ConEd Beats Earnings Ests, Misses Rev - Analyst Blog Consolidated Edison Inc. ( ED ) posted fourth quarter 2013 earnings from ongoing operations of 69 cents per share, beating the Zacks Consensus Estimate of 64 cents by 7.8%. The earnings beat came on the back of lower expenses and higher gas revenue. The quarterly result, however, came in line with the year-ago figure. Including the effects of its lease in/lease out transactions and the net mark-to-market effects of the competitive energy businesses (CEBs), the company registered earnings of 80 cents per share compared with 71 cents in the year-ago quarter. Full year 2013 profit was $3.80 per share, up 1.3% year over year. Including the effects of its lease in/lease out transactions and the net mark-to-market effects of CEBs, earnings stood at $3.62 versus $3.88 in 2012. The quarterly results came after a New York state agency voted to hold ConEd's electricity and gas rates for millions of customers. Approved by the Public Service Commission, this plan will hold electric charges stable for two years and natural gas charges for three years. The company had requested for rate hikes for its operations, comprising electric, gas and steam. Quarterly Operational Results Consolidated Edison reported revenues of $2,868.0 million, down 1.1% year over year. The top line also missed the Zacks Consensus Estimate of $2,912.0 million by 1.5%. The results reflect lower electric and steam sales. The company's largest top-line generator, Electric revenues were down 2.3% year over year. Although Gas revenues and Non-utility revenues increased 6.6% and 1.2%, respectively, Steam revenues were down 11.0% in the reported quarter. Full year 2013 total revenue was $12,354.0 million, up 1.4% from $12,188.0 million a year ago. Total operating expenses were down 2.3% year over year to $2,391.0 million. Purchased power expenses decreased by 1 million, fuel cost was down by 38%, while Gas purchased for resale cost increased 30.6% and depreciation and amortization expenses increased 6.1% year over year. Guidance For this year, ConEd's earnings from ongoing operations are expected between $3.65 and $3.85 per share. The company expects to spend around $2,608 million for the year, the majority of which will be spent at its regulated utilities. Peer Reviews American Electric Power Company Inc. ( AEP ) reported fourth quarter 2013 operating earnings of 60 cents per share, beating the Zacks Consensus Estimate of 56 cents by 7.1%. The quarterly figure also improved 20% from the year-ago profit of 50 cents. Exelon Corporation ( EXC ) announced fourth-quarter 2013 adjusted operating earnings of 50 cents per share, missing the Zacks Consensus Estimate by 5.7%. Quarterly earnings plunged 21.9% year over year due to a decline in realized energy prices for the sale of energy in all regions and higher depreciation and amortization expenses. Our Take Though the top line for Consolidated Edison missed the Zacks Consensus Estimate, the bottom line succeeded in beating the mark. The company is focused on energy efficiency initiatives and its aggressive oil-to-gas conversion program that will lower costs while improving air quality. Also, the company continues to invest heavily in infrastructure improvement. However, we remain concerned about lower demand for electricity, earnings dilutive issuances and regulatory risks. Consolidated Edison currently has a Zacks Rank #4 (Sell). In the near term, we would advise investors to accumulate its Zacks Rank #1 (Strong Buy) peer Otter Tail Corporation ( OTTR ). AMER ELEC PWR (AEP): Free Stock Analysis Report CONSOL EDISON (ED): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report OTTER TAIL CORP (OTTR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-02-24,15.9932,16.2736,15.9688,15.9785,"Sempra Energy Ups Dividend - Analyst Blog Sempra Energy ( SRE ) has announced that it will pay an increased dividend in first- quarter 2014. The board of directors has raised its quarterly dividend rate by 4.8% sequentially to 66 cents per share. The incremental dividend will be paid on Apr 15, 2014 to stockholders of record as of Mar 27. On an annualized basis, Sempra Energy's dividend rate will come to $2.64 per share, up from the previous pay-out of $2.52 per share. The annual dividend yield will be 2.8%, higher than the industry average of 2.4%. We note that Sempra Energy increases quarterly dividend rate once in a year. The last dividend hike was in Feb 2013. On this occasion, quarterly dividend increased 5% to 63 cents from the earlier rate of 60 cents per share. We appreciate Sempra Energy's practice of distributing incremental dividends. The company's stable cash generation capacity and financial position help to support its commitment to improve shareholders' value. Sempra Energy's cash balance was $1.1 billion as of Sep 30, 2013 and cash flow from operating activities was $1.3 billion during the first nine months of 2013. Apart from paying regular dividends, the strong financial position enables Sempra Energy to expand its existing operations. The company is implementing infrastructure upgrade programs focusing primarily on system reliability, smart grid technology and compliance with California's renewable energy regulations. Sempra Energy's strong infrastructure expansion program will boost its scale of operations, thereby meeting increased customer demand. These initiatives are expected to ensure cash inflows and fulfill fund requirement for paying dividends. The company's strategy of paying dividends at regular intervals will help to retain investors' attention on the stock. Sempra Energy currently has a Zacks Rank #3 (Hold). However, some better-ranked stocks in the same sector include Southwest Gas Corporation ( SWX ), Vectren Corporation ( VVC ) and Exelon Corporation ( EXC ). All these stocks hold a Zacks Rank #2 (Buy). EXELON CORP (EXC): Free Stock Analysis Report SEMPRA ENERGY (SRE): Free Stock Analysis Report SOUTHWEST GAS (SWX): Free Stock Analysis Report VECTREN CORP (VVC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-02-25,15.9619,16.1642,15.8701,15.9619,"[""Integrys Energy Group (TEG) Ex-Dividend Date Scheduled for February 26, 2014 Integrys Energy Group ( TEG ) will begin trading ex-dividend on February 26, 2014. A cash dividend payment of $0.68 per share is scheduled to be paid on March 20, 2014. Shareholders who purchased TEG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 21st quarter that TEG has paid the same dividend. The previous trading day's last sale of TEG was $56.54, representing a -11.07% decrease from the 52 week high of $63.58 and a 8.56% increase over the 52 week low of $52.08. TEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). TEG's current earnings per share, an indicator of a company's profitability, is $3.63. Zacks Investment Research reports TEG's forecasted earnings growth in 2013 as 7.24%, compared to an industry average of .2%. For more information on the declaration, record and payment dates, visit the TEG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to TEG through an Exchange Traded Fund [ETF]? The following ETF(s) have TEG as a top-10 holding: iShares Dow Jones Select Dividend Index Fund ( DVY ). The top-performing ETF of this group is DVY with an increase of 7.79% over the last 100 days. It also has the highest percent weighting of TEG at 1.64%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Integrys Energy Group Inc. (TEG): New Analyst Report from Zacks Equity Research - Zacks Equity Research Report Summary: We appreciate Integrys Energy Group's strong regulated utilities mix that provides a stable earnings base for the company. The company's participation in multiple organic ventures will help it to expand its operations. Integrys Energy's merger with Wisconsin Energy Corporation is expected to close in the summer of 2015 creating a large utility in the Midwest. Moreover, the company's increasing number of public CNG fueling stations looks promising. However, increasing regulatory mandates on curbing carbon emissions will put pressure on the company's financials, as coal still forms a major share of its generation mix. Hence, we have retained our Neutral recommendation on the stock. Overview: Chicago, IL-based Integrys Energy Group is a diversified holding company providing products and services in both regulated and non-regulated energy markets, through its subsidiaries. In addition, as of Dec 2013, the company had a 34% equity ownership interest in American Transmission Company LLC (ATC), an electric transmission company operating in Wisconsin, Michigan, Minnesota and Illinois. The company has a total transmission portfolio of 1,000 miles including all its subsidiaries. Integrys Energy marked its presence in CNG fueling industry through acquisition of two CNG fueling operators, Pinnacle CNG Systems and Trillium USA, from Wagner & Brown Ltd. Integrys Energy conducts its regulated utility operations through six wholly owned subsidiaries Wisconsin Public Service Corporation, The Peoples Gas Light and Coke Company, North Shore Gas Company, Michigan Gas Utilities Corporation, and Minnesota Energy Resources Corporation. These regulated operations serve customers in Illinois, Michigan, Minnesota and Wisconsin. The company's regulated business is divided into two segments Electric Utility and Natural Gas Utility. As for the non-regulated energy service subsidiary, the company has shifted its focus from growth in wholesale and retail electric markets to a more inclusive operation within select retail electric and natural gas markets in their current market footprint. Integrys is often involved in short-term and long-term power purchase agreements to meet a part of their energy supply needs. Source: Company Wisconsin Public Service Corporation, an electric and natural gas utility serving areas of northeastern Wisconsin and an adjacent portion of Michigan's Upper Peninsula. Upper Peninsula Power Company, an electric utility serving the rural countryside of Michigan's Upper Peninsula. Wisconsin Public and Upper Peninsula Power together serve approximately 497,000 customers which include residential, commercial and industrial customers. The company's total natural gas customers stood at 1,690,000. In 2013, retail accounted for 89% of total revenues while wholesale accounted for 11%. The Peoples Gas Light and Coke Company is a natural gas utility serving residential, commercial and industrial customers in the city of Chicago. North Shore Gas Company, a natural gas utility serving customers in the northern suburbs of Chicago. Michigan Gas Utilities Corporation, a natural gas utility serving customers in Lower Michigan. Minnesota Energy Resources Corporation, a natural gas utility serving customers throughout Minnesota. Apart from regulated segment, Integrys Energy has an Electric Transmission Investment segment consisting of its ownership interest in ATC. The company also has a Holding Company and Other segment that includes the operations of the Integrys Energy Group holding company and the PEC holding company, along with non-utility activities of its six regulated subsidiaries. In Nov 2014, Exelon Corporation's (EXC) subsidiary, Constellation, has completed the acquisition of Integrys Energy Services, Inc., a subsidiary of Integrys Energy Group, Inc. Source: Company Integrys Energy Group Inc. (TEG): Read the Full Research Report Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report INTEGRYS ENERGY (TEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Cosan Proposes Rumo-ALL Merger - Analyst Blog Brazil-based sugar and ethanol producer, Cosan Limited ( CZZ ), to gain a controlling interest in Latin America's largest independent logistics company, America Latina Logistica (ALL), proposed to the latter a stock-merger with its subsidiary, Rumo Logistica Operadora Multimodal S.A. (Rumo). The news sent Cosan's share price up 1.25% on Feb 24. The proposal values each share of ALL at R$10.184, reflecting a 56% premium over its closing price on Feb 21. The incorporation of ALL's shares by Rumo will create the largest railway and logistics company in Latin America with a combined value of R$10.96 billion ($4.7 billion). Existing shareholders of Rumo and ALL will be allotted a 36.5% and a 63.5% stake, respectively, in the combined company, with Cosan holding the right to appoint the majority of the board of directors. The merger will enable Cosan to gain easy access to ALL's transportation services including logistics, intermodal transport, port operations, movement and storage of merchandise, administration of storage facilities and general storage. ALL currently operates roughly 12,900 km of rail tracks, 26,819 rail cars, 916 locomotives, and runs through four active ports of the country. The company is responsible for shipping roughly 80% of Brazil's agricultural exports. The completion of the transaction is subject to fulfillment of certain conditions including the approval of ALL's board of directors and certain regulatory approvals. The association will also require Rumo to be registered as a publicly held company. For this, Cosan plans to propose to its board of directors to spin off its logistics operations from the rest of the business. Two new companies, Cosan Energia and Cosan Logistica, will be formed and listed on the exchange. Cosan Logistica will be responsible for the operations of Rumo Logistica while Cosan Energia will combine operations of Raizen Energia, Raizen Combustiveis, Comgas, Radar and Cosan Lubrificantes. Cosan currently has a market capitalization of $3.3 billion and carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the industry include Otter Tail Corporation ( OTTR ), Exelon Corporation ( EXC ) and Northwestern Corporation ( NWE ). While Otter Tail carries a Zacks Rank #1 (Strong Buy), both Exelon and Northwestern Corporation hold a Zacks Rank #2 (Buy). COSAN LTD-A (CZZ): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NORTHWESTERN CP (NWE): Free Stock Analysis Report OTTER TAIL CORP (OTTR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-02-26,16.0039,16.1133,15.9492,15.9932,
EXC,2014-02-27,15.9619,16.0255,15.7519,15.8633,"[""Cosan Q4 Earnings Fall Y/Y, Revs Up - Analyst Blog Brazilian sugar and ethanol producer, Cosan Limited ( CZZ ) reported weak bottom-line results in fourth-quarter 2013 as its adjusted net earnings plummeted 32.3% year over year to R$229.8 million (US$101.2 million). In 2013, Cosan recorded net earnings of R$261.3 million (US$121.5 million), down 67.9% year over year. Revenue Cosan generated net revenue of R$2,217.8 million (US$977.0 million) in the fourth quarter, up 41.6% year over year. Pro forma revenue, including the Raizen contribution, was $9,390 million (US$4,136.6 million) in the fourth quarter, reflecting an increase of 12.0% year over year. Fuel sales went up 14.8% year over year due primarily to higher volumes of ethanol and diesel sold in the quarter. Sugar sales went down 29.9% to R$876.2 million (US$386.0 million) while ethanol sales were up 11.2% to R$1,042.8 million (US$459.4 million). All of the 24 mills that operated during the quarter have a crushing capacity of 65.6 million tons of sugarcane per crop year. Sugar production in the quarter was down 13.7% year over year to 1.18 million tons and crushed sugar volume also decreased 9.9% to 16.1 million tons. Energy cogeneration revenues in the quarter was R$126.1 million (US$55.6 million), down 60.8% year over year. Total gas sales volume decreased 5.5% in the quarter. Revenues from Rumo's Transportation business decreased 12.6% while it increased 14.2% for Loading business. Revenues from Cosan Lubrificantes increased 3.7% year over year. Radar reported a 19.9% increase in revenues. In 2013, net revenue generated was R$8,867.5 million (US$4,124.4 million) while revenues including Raizen contribution were R$36,165.2 million (US$16,821.0 million). Margins Cosan's cost of goods, as a percentage of revenue, was up 20 basis points year over year to 70.6%, leading to a gross margin of 29.4% in the quarter. Sales, general and administrative expenses increased 22.4% to R$367.9 million (US$162.1 million). Balance Sheet Exiting fourth-quarter 2013, Cosan's cash and cash equivalents were approximately R$1,474.6 million (US$627.5 million), reflecting a sequential increase of 22.7%. Loans and financing increased 2.5% sequentially to R$8,830.2 million (US$3,757.5 million). Merger A couple of days before reporting its fourth-quarter 2013 results, Cosan, to gain controlling interest in Latin America's largest independent logistics company, America Latina Logistica (ALL), proposed to the latter a stock-merger with its subsidiary, Rumo Logistica Operadora Multimodal S.A (Rumo). The incorporation of ALL's shares by Rumo will create the largest railway and logistics company in Latin America. Existing shareholders of Rumo and ALL will be allotted a 36.5% and a 63.5% stake, respectively, in the combined company, with Cosan holding the right to appoint the majority of the board of directors. The completion of the transaction is subject to fulfilment of certain conditions including the approval of ALL's board of directors and certain regulatory approvals. The association requires Rumo to be registered as a publicly held company. For this, Cosan plans to propose to its board of directors to spin-off its logistics operations from the rest of the business. Two new companies, Cosan Energia and Cosan Logistica, will be formed and listed on the exchange. Cosan Logistica will be responsible for the operations of Rumo Logistica while Cosan Energia will combine operations of Raizen Energia, Raizen Combustiveis, Comgas, Radar and Cosan Lubrificantes. Outlook For 2014, Cosan anticipates earnings before interest, taxes, depreciation and amortization (EBITDA) to be within the R$4.15-R$4.65 billion range and capital expenditure to be within the R$2.5-R$2.8 billion range. Guidance for the company's segments is discussed below: Raizen Energia: Management expects crushed sugarcane volumes to be approximately within 61.0-63.0 million tons, sugar volume sold within 4.4-4.7 million tons and ethanol volume sold within 2.3-2.6 billion litres. Volume of energy sold is expected to range within 2.0-2.2 million MW. EBITDA is likely to be within the R$2.3-R$2.7 billion range, while capital spending is expected to range within R$2.0-$2.2 million. Raizen Combustiveis: EBITDA is anticipated to be within the R$2.0-R$2.2 billion range and capital expenditure within the R$750-R$850 million range. Rumo: Volume of loading is expected to range within 10.5-12.5 million tons and EBITDA within the R$0.40-R$0.45 billion range. Radar: EBITDA is expected to be within R$0.17-R$0.20 billion. Cosan Lubrificantes: Volume of lubricants and base oil sold is likely to be within 0.27-0.31 billion litres. EBITDA is expected to be within the R$0.14-R$0.17 billion range. Comgas: Volume of gas sold is likely to be within 5.2-5.7 million cbm while EBITDA is expected to be within the R$1.30-R$1.55 billion range. Capital expenditure is likely to range within R$0.68-R$0.78 billion. Cosan currently has a market capitalization of $3.2 billion and carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the industry include Otter Tail Corporation ( OTTR ), Exelon Corporation ( EXC ) and Northwestern Corporation ( NWE ). While Otter Tail carries a Zacks Rank #1 (Strong Buy), both Exelon and Northwestern Corporation hold a Zacks Rank #2 (Buy). COSAN LTD-A (CZZ): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NORTHWESTERN CP (NWE): Free Stock Analysis Report OTTER TAIL CORP (OTTR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Sempra Beats on Q4 Earnings, Misses Revs - Analyst Blog Sempra Energy 's ( SRE ) adjusted fourth quarter 2013 earnings per share came in at $1.13, above the Zacks Consensus Estimate of 98 cents by 15.3%. The quarterly results also increased 4.6% from the year-ago adjusted profit of $1.08 per share mainly due to higher contributions from its energy-related businesses. Full year 2013 adjusted earnings were $4.18 per share, missing the Zacks Consensus Estimate of $4.39. The reported number also dropped 3.9% from the year-earlier profit of $4.35 per share. Total Revenue Total revenue of Sempra Energy in the quarter was $2,705.0 million, up 1.4% year over year. The top line, however, missed the Zacks Consensus Estimate by $62.0 million. The company's utility operations generated revenues of $2,420.0 million (up 3.3% year over year), while its energy-related businesses generated $285.0 million (down 12.6%). In 2013, the company generated $10,557.0 million in total revenue, up 9.4% year over year and above the Zacks Consensus Estimate of $10,409.0 million. Segment Update San Diego Gas & Electric (SDG&E): Quarterly earnings for San Diego Gas & Electric were $119.0 million compared with $110.0 million in the year-ago quarter. The higher number primarily reflects higher CPUC base margin. Southern California Gas Company (SoCalGas): The segment generated earnings of $98.0 million, down from $99.0 million in fourth quarter 2012. Sempra South American Utilities: The segment recorded earnings of $43.0 million, down marginally from $46.0 million in the prior-year period. Sempra Mexico: The segment recorded earnings of $26.0 million, down from $35.0 million in fourth quarter 2012. Sempra Renewables: The segment recorded earnings of $6.0 million, down considerably from $14.0 million in fourth quarter 2012. The decrease was due primarily to deferred tax benefits in 2012 from assets placed into service. Sempra Natural Gas: The segment earned $9.0 million versus $19.0 million in the prior-year period. Financial Update As of Dec 31, 2013, cash and cash equivalents were $904.0 million, up from $475 million as of Dec 31, 2012. Long-term debt was $12,400 million (including current portion), up from $12,346 million at 2012 end. During 2013, cash flow from operating activities was $1,784.0 million, down from $2,018.0 million last year. Guidance For 2014, Sempra reaffirmed its expectation between $4.25 and $4.55 per share. Earlier, the company had projected earnings of $5.10 to $5.60 per share for 2017. However, its earnings guidance through 2017 does not take into account any major contribution from its Cameron liquefied natural gas export project in Louisiana. The project is not expected to be fully operational until the end of 2018. Zacks Rank Sempra Energy presently retains a short-term Zacks Rank #3 (Hold). Stocks worth considering are Southwest Gas Corp. ( SWX ), Vectren Corp. ( VVC ) and Exelon Corp. ( EXC ), all with a Zacks Rank #2 (Buy). EXELON CORP (EXC): Free Stock Analysis Report SEMPRA ENERGY (SRE): Free Stock Analysis Report SOUTHWEST GAS (SWX): Free Stock Analysis Report VECTREN CORP (VVC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-02-28,15.9268,16.0704,15.9053,15.9892,
EXC,2014-03-03,15.8994,15.9492,15.7841,15.789,"Micron Technology Now #170 Largest Company, Surpassing Exelon In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Micron Technology Inc. (Symbol: MU) has taken over the #170 spot from Exelon Corp. (Symbol: EXC), according to The Online Investor . Market capitalization is an important data point for investors to keep an eye on, for various reasons. The most basic reason is that it gives a true comparison of the value attributed by the stock market to a given company's stock. Many beginning investors look at one stock trading at $10 and another trading at $20 and mistakenly think the latter company is worth twice as much - that of course is a completely meaningless comparison without knowing how many shares of each company exist. But comparing market capitalization (factoring in those share counts) creates a true ""apples-to-apples"" comparison of the value of two stocks. In the case of Micron Technology Inc. (Symbol: MU), the market cap is now $25.97 billion, versus Exelon Corp. (Symbol: EXC) at $25.75 billion. Below is a chart of Micron Technology Inc. versus Exelon Corp. plotting their respective size rank within the S&P 500 over time (MU plotted in blue; EXC plotted in green): Below is a three month price history chart comparing the stock performance of MU vs. EXC: Another reason market capitalization is important is where it places a company in terms of its size tier in relation to peers - much like the way a mid-size sedan is typically compared to other mid-size sedans (and not SUV's). This can have a direct impact on which mutual funds and ETFs are willing to own the stock. For instance, a mutual fund that is focused solely on Large Cap stocks may for example only be interested in those companies sized $10 billion or larger. Another illustrative example is the S&P MidCap index which essentially takes the S&P 500 index and ""tosses out"" the biggest 100 companies so as to focus solely on the 400 smaller ""up-and-comers"" (which in the right environment can outperform their larger rivals). So a company's market cap, especially in relation to other companies, carries great importance, and for this reason we at The Online Investor find value to putting together these rankings daily. According to the ETF Finder at ETF Channel, MU and EXC collectively make up 2.14% of the First Trust Value Line 100 Exchange-Traded Fund ETF ( FVL ) which is lower by about 0.8% on the day Monday. At the closing bell, MU is up about 1.2%, while EXC is off about 1.2% on the day Monday. The 20 Largest U.S. Companies By Market Capitalization » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-03-04,15.917,16.0352,15.789,15.9845,"Public Service Enterprise Group Incorporated (PEG) Ex-Dividend Date Scheduled for March 05, 2014 Public Service Enterprise Group Incorporated ( PEG ) will begin trading ex-dividend on March 05, 2014. A cash dividend payment of $0.37 per share is scheduled to be paid on March 31, 2014. Shareholders who purchased PEG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.78% increase over the prior quarter. The previous trading day's last sale of PEG was $36.14, representing a -3.21% decrease from the 52 week high of $37.34 and a 16.49% increase over the 52 week low of $31.03. PEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PEG's current earnings per share, an indicator of a company's profitability, is $2.45. Zacks Investment Research reports PEG's forecasted earnings growth in 2014 as 4.09%, compared to an industry average of -1%. For more information on the declaration, record and payment dates, visit the PEG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PEG through an Exchange Traded Fund [ETF]? The following ETF(s) have PEG as a top-10 holding: First Trust Utilities AlphaDEX Fund ( FXU ) Select Sector SPDR Fund - Utilities ( XLU ) iShares Dow Jones U.S. Utilities Index Fund ( IDU ). The top-performing ETF of this group is IDU with an increase of 8.39% over the last 100 days. FXU has the highest percent weighting of PEG at 4.1%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-03-05,15.9892,16.0352,15.8701,15.9228,"[""PEPCO Holdings, Inc. (POM) Ex-Dividend Date Scheduled for March 06, 2014 PEPCO Holdings, Inc. ( POM ) will begin trading ex-dividend on March 06, 2014. A cash dividend payment of $0.27 per share is scheduled to be paid on March 31, 2014. Shareholders who purchased POM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 25th quarter that POM has paid the same dividend. The previous trading day's last sale of POM was $20.21, representing a -11.05% decrease from the 52 week high of $22.72 and a 12.03% increase over the 52 week low of $18.04. POM is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). POM's current earnings per share, an indicator of a company's profitability, is -$.94. Zacks Investment Research reports POM's forecasted earnings growth in 2014 as 7.31%, compared to an industry average of -1%. For more information on the declaration, record and payment dates, visit the POM Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Westar Energy, Inc. (WR) Ex-Dividend Date Scheduled for March 06, 2014 Westar Energy, Inc. ( WR ) will begin trading ex-dividend on March 06, 2014. A cash dividend payment of $0.35 per share is scheduled to be paid on April 01, 2014. Shareholders who purchased WR stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.94% increase over the prior quarter. The previous trading day's last sale of WR was $34.49, representing a -2.13% decrease from the 52 week high of $35.24 and a 15.78% increase over the 52 week low of $29.79. WR is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WR's current earnings per share, an indicator of a company's profitability, is $2.28. Zacks Investment Research reports WR's forecasted earnings growth in 2014 as 1%, compared to an industry average of -1%. For more information on the declaration, record and payment dates, visit the WR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Scana Corporation (SCG) Ex-Dividend Date Scheduled for March 06, 2014 Scana Corporation ( SCG ) will begin trading ex-dividend on March 06, 2014. A cash dividend payment of $0.525 per share is scheduled to be paid on April 01, 2014. Shareholders who purchased SCG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.45% increase over the prior quarter. The previous trading day's last sale of SCG was $49.86, representing a -8.36% decrease from the 52 week high of $54.41 and a 11.42% increase over the 52 week low of $44.75. SCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). SCG's current earnings per share, an indicator of a company's profitability, is $3.38. Zacks Investment Research reports SCG's forecasted earnings growth in 2014 as 4.3%, compared to an industry average of -1%. For more information on the declaration, record and payment dates, visit the SCG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to SCG through an Exchange Traded Fund [ETF]? The following ETF(s) have SCG as a top-10 holding: WisdomTree MidCap Dividend Fund ( DON ). The top-performing ETF of this group is DON with an increase of 12.26% over the last 100 days. It also has the highest percent weighting of SCG at 0.76%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-03-06,15.876,15.9785,15.5672,15.6737,"Alaska Communications Systems Group (ALSK) in Focus: Stock Up 5.9% - Tale of the Tape Alaska Communications Systems Group Inc. ( ALSK ) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.16 to $2.23 in the past one-month time frame. The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future. Alaska Communications currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%. However, some better-ranked electric utility stocks include Edison International ( EIX ), Exelon Corporation ( EXC ) and Northwestern Corporation ( NWE ). All these stocks carry a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> ALASKA COMM SYS (ALSK): Free Stock Analysis Report EDISON INTL (EIX): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NORTHWESTERN CP (NWE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-03-07,15.6043,15.6835,15.3219,15.6776,"Ameren Corporation (AEE) Ex-Dividend Date Scheduled for March 10, 2014 Ameren Corporation ( AEE ) will begin trading ex-dividend on March 10, 2014. A cash dividend payment of $0.4 per share is scheduled to be paid on March 31, 2014. Shareholders who purchased AEE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 10th quarter that AEE has paid the same dividend. The previous trading day's last sale of AEE was $40.3, representing a -4.59% decrease from the 52 week high of $42.24 and a 24.61% increase over the 52 week low of $32.34. AEE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AEE's current earnings per share, an indicator of a company's profitability, is $1.18. Zacks Investment Research reports AEE's forecasted earnings growth in 2014 as 10.58%, compared to an industry average of .2%. For more information on the declaration, record and payment dates, visit the AEE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AEE through an Exchange Traded Fund [ETF]? The following ETF(s) have AEE as a top-10 holding: Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ) WisdomTree MidCap Dividend Fund ( DON ). The top-performing ETF of this group is DON with an increase of 9.68% over the last 100 days. RYU has the highest percent weighting of AEE at 2.73%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-03-10,15.6737,15.7519,15.5622,15.7089,"[""Exelon Corporation Upped to Strong Buy - Analyst Blog On Mar 8, 2014, Zacks Investment Research upgraded Exelon Corporation ( EXC ) to a Zacks Rank #1 (Strong Buy). Why the Upgrade? Exelon reported positive earnings surprises in 2 out of the past 4 quarters with an average earnings beat of 3.8%. Though Exelon's fourth-quarter and full-year 2013 adjusted operating earnings and quarterly revenue lagged the Zacks Consensus Estimate and the corresponding year-ago figures, the company's annual revenues surpassed both the Zacks Consensus Estimate as well as the prior-year figure primarily on the back of improved contribution from Generation and Baltimore Gas and Electric segments. We note that Exelon continues to maintain a strong cash position besides exhibiting its cash generation efficiency through operating activities. The company's cash balance improved to $1.5 billion as of Dec 31, 2013 from $1.4 billion at the end of 2012. In 2013, net cash flows provided by operating activities increased to $6.3 billion from $6.1 billion in the year-ago comparable period. A stable financial position supports Exelon's stable growth strategy. In 2013, the company invested $5.4 billion under its capital expenditure program. In the coming five years, the company plans to invest around $15 billion to install smart meter technology in electricity system improvement and gas infrastructure projects as well as transmission ventures. These projects will enable Exelon to provide reliable services to its customers. Apart from investing in numerous projects, Exelon also utilizes funds to improve shareholder value through regular dividend payouts. In 2013, the company distributed around $1.24 billion as common stock dividends. The company's practice of returning wealth to shareholders through dividend payment will be beneficial for the stock as it attracts investor attention. We appreciate Exelon's steady effort towards curtailment of its expenses. In fourth-quarter 2013, the company's total operating expenses edged down 4.3% year over year to $5.3 billion, mainly due to decreases in purchase power and fuel expenses, and operating and maintenance expenses. These initiatives will help Exelon to improve margins. Other Stocks to Consider Some other stocks worth considering in the utility industry include Public Service Enterprise Group Inc. ( PEG ), OGE Energy Corp. ( OGE ) and CMS Energy Corporation ( CMS ). While Public Service Enterprise Group holds a Zacks Rank #1 (Strong Buy), OGE Energy and CMS Energy carry a Zacks Rank #2 (Buy). CMS ENERGY (CMS): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report OGE ENERGY CORP (OGE): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Bull market\u2019s biggest winners and losers Opinion: Some sectors were heroic, others were weaklings Three sectors have done heroically well since the bull market began and three have stumbled, writes Jeff Reeves.""]"
EXC,2014-03-11,15.8476,15.8476,15.6043,15.6873,
EXC,2014-03-12,15.6405,15.8701,15.6043,15.8671,"[""NRG Energy Expands Retail Base - Analyst Blog NRG Energy, Inc. ( NRG ) entered into an agreement with Dominion Resources, Inc. ( D ), an electric utility operator, to acquire the retail electricity segment of the latter. The value of the deal has not been disclosed. This deal is expected to be completed by the end of first-quarter 2014. Dominion's retail business currently serves customers in Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York, Ohio, Pennsylvania and Texas. NRG's decision to add Dominion's retail business was made with an objective to expand its operations in the lucrative Northeast and Texas regions. With an existing base of over two million retail electric customers, this acquisition will entitle the company to an additional 600,000 new customer accounts. The current retail electric providers of NRG Energy include Reliant, Green Mountain Energy Company and Energy Plus. NRG Energy is currently focused on expanding its retail business via strategic acquisitions besides boosting the generation capacity of its wholesale segment. NRG Energy entered into retail competition by acquiring Reliant Energy's retail operation in 2005, which marked its entry in Texas. It steadily extended its footprint in the retail electric business with additional acquisitions of Green Mountain in 2010 and Energy plus in 2011, having primary operations in New York and Texas. Looking Forward NRG Energy's core competency lies in production and sale of safe, reliable and affordable power to its customers. The company has resorted to a more environment friendly way of generating power and initiated efforts in reducing greenhouse gases. NRG Energy's imminent acquisition of Edison Mission Energy's assets, a bankrupt division of Edison International 's ( EIX ), will add 1,700 MW of wind capacity to the company's portfolio. We believe NRG will create value for its shareholders through acquisitions and production of innovative and energy efficient retail products. NRG Energy currently holds a Zacks Rank #3 (Hold). However, Exelon Corp. ( EXC ), a better ranked stock in utility space, sports a Zacks Rank #1 (Strong Buy). DOMINION RES VA (D): Free Stock Analysis Report EDISON INTL (EIX): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Updated Research Report on OGE Energy - Analyst Blog On Mar 7, 2014, we issued an updated research report on OGE Energy Corp. ( OGE ). Recently, the company posted strong fourth quarter 2014 results with the top and bottom line coming in above the Zacks Consensus Estimate. The sales and earnings beat came on the back of higher megawatt-hour sales particularly to residential and commercial customers. A 27.5% drop in total operating expenses to $203.3 million further supported the bottom line. OGE Energy is the largest electric utility in Oklahoma and a well-positioned regulated utility. As for the company's strengths, its effort towards addition of new infrastructure, focus on renewable sources and addition of new customers are expected to boost future results. Last year, the company invested $797.6 million in capital expenditures and intends to spend $585 million this year. Of the total 2014 capital outlay, $360 million is apportioned for the base transmission, distribution and generation activities. Apart from expanding traditional fuel-fired operations, OGE Energy is smart enough to leverage the topography of Oklahoma to develop wind-based energy assets. Presently, it has a robust wind power portfolio, including a 120 megawatt (MW) Centennial wind farm, a 101 MW OU Spirit wind farm, a 227.5 MW Crossroads wind farm and so on. In 2013, the company generated 7% of total electricity from wind-powered assets. The company's focus on expanding the renewable generation portfolio will enable it to fulfill the U.S. government's mandates. Again, OGE Energy's steady dividend payout history and dividend rate revision at regular intervals help it to retain investors' attention in the stock. In Dec 2013, the board of directors of the company hiked the quarterly dividend rate by 7.8% to 90 cents per share. However, OGE Energy's utility operations are subject to federal, state and local legislative requirements, as well as extensive environmental regulations. Change in the regulatory environment could also impact the company's earnings. Inability to comply with various laws and regulations and obtain fair and timely rate relief and requisite regulatory approvals could have an adverse impact on its future earnings growth. OGE Energy holds a Zacks Rank #2 (Buy). Other players in the utility industry, which look more attractive at current levels, include Exelon Corporation ( EXC ), Otter Tail Corporation ( OTTR ) and Public Service Enterprise Group Inc. ( PEG ). All these stocks carry a Zacks Rank #1 (Strong Buy). EXELON CORP (EXC): Free Stock Analysis Report OGE ENERGY CORP (OGE): Free Stock Analysis Report OTTER TAIL CORP (OTTR): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Edison Int'l Bankrupt Unit Gets Asset Sale Nod - Analyst Blog A subsidiary of Edison International ( EIX ) - Edison Mission Energy (EME) - received the go-ahead from the U.S. Bankruptcy Judge Jacqueline Cox in Chicago for the proposed asset sale plan to New Jersey-based NRG Energy Inc. ( NRG ). The approval will allow EME to emerge from bankruptcy and sell all of its assets for a price of $2.64 billion. Last month, Edison International agreed to a nearly $1 billion settlement that resolved the unit's tax, pension and other liabilities. Per this settlement, Edison International will give creditors of EME trust cash and notes worth $625 million and assume approximately $350 million in liabilities. In Dec 2012, Santa Ana, Calif. based EME had filed for bankruptcy citing a collapse in power prices and mounting pollution control costs. EME listed $5.16 billion worth of assets and $5.09 billion of liabilities. Debt included $3.7 billion on senior unsecured notes and $1.2 billion in debt on individual projects. Following the sale of assets to NRG Energy, EME will remain a subsidiary of Edison International. The divestment comprises 1,700 megawatt (MW) of wind capacity, 1,600 MW of gas-fired capacity, 4,300 MW of coal-fired capacity and 400 MW of oil and waste coal-fired capacity. Edison's marketing and trading business unit will be a part of NRG Energy's asset basket. Four Illinois coal plants, namely, Powerton (Pekin), Joliet, Waukegan and Will County (Romeoville) also form a part of this asset transfer to NRG. As for NRG Energy, the EME buyout will add 2,600 MW of fully-contracted generation, of which 1,600 MW will comprise long-term contracts. The deal will also diversify the core generation platform of NRG Energy by adding 1,200 MW of contracted gas assets in California and expanding opportunities in Pennsylvania, New Jersey and Maryland (PJM) West for its coal-fired capacity. Furthermore, NRG Energy by virtue of the deal will become the third largest renewable operator in the U.S. with more than 2,900 MW of wind and solar capacities. In June last year, President Barack Obama unveiled a fresh climate change strategy that will likely limit pollution from existing coal-fired power plants. He issued directives asking environmental regulators to set up carbon pollution standards for active plants. Coal generates about 40% of U.S. electricity while coal plants are the largest source of carbon emissions in the country. This came as a wake up call for all coal-fired utility stocks, prompting them to expand their renewable basket. Recently, Edison International reported adjusted earnings of 81 cents per share for the fourth quarter of 2013, ahead of the Zacks Consensus Estimate of 65 cents by 24.6%. However, earnings for the quarter were below the year-ago figure of $1.79 per share. Edison International presently holds a Zacks Rank #2 (Buy). Other well-placed utility counterparts include Zacks Ranked #1 (Strong Buy) Exelon Corporation ( EXC ) and Public Service Enterprise Group Inc. ( PEG ). EDISON INTL (EIX): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-03-13,15.8633,16.13,15.8534,16.0411,
EXC,2014-03-14,15.999,16.2296,15.9492,16.1085,"After Hours Most Active for Mar 14, 2014 : AH, ACWI, SIRI, T, QQQ, BPO, EXC, BAC, DD, MSFT, CSCO, INTC The NASDAQ 100 After Hours Indicator is down -.12 to 3,627.75. The total After hours volume is currently 22,098,523 shares traded. The following are the most active stocks for the after hours session : Accretive Health, Inc. ( AH ) is +0.08 at $8.10, with 4,360,702 shares traded. RTT News Reports: Accretive Health Delays Restatement; To Receive Delisting Determination Letter iShares MSCI ACWI Index Fund ( ACWI ) is -0.13 at $56.40, with 1,698,390 shares traded. This represents a 15.57% increase from its 52 Week Low. Sirius XM Holdings Inc. ( SIRI ) is unchanged at $3.44, with 1,466,211 shares traded. SIRI's current last sale is 76.44% of the target price of $4.5. AT&T Inc. ( T ) is unchanged at $32.49, with 1,232,060 shares traded. T's current last sale is 90.25% of the target price of $36. PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.01 at $88.68, with 1,073,722 shares traded. This represents a 32.6% increase from its 52 Week Low. Brookfield Office Properties Inc. ( BPO ) is unchanged at $19.16, with 949,959 shares traded. BPO's current last sale is 97.01% of the target price of $19.75. Exelon Corporation ( EXC ) is unchanged at $30.64, with 949,069 shares traded. EXC's current last sale is 105.66% of the target price of $29. Bank of America Corporation ( BAC ) is -0.01 at $16.79, with 884,126 shares traded. BAC's current last sale is 93.28% of the target price of $18. E.I. du Pont de Nemours and Company ( DD ) is unchanged at $65.77, with 689,514 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2014. The consensus EPS forecast is $1.48. DD's current last sale is 101.18% of the target price of $65. Microsoft Corporation ( MSFT ) is -0.01 at $37.69, with 613,580 shares traded. MSFT's current last sale is 94.23% of the target price of $40. Cisco Systems, Inc. ( CSCO ) is -0.0299 at $21.32, with 478,549 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jan 2015. The consensus EPS forecast is $0.47. As reported by Zacks, the current mean recommendation for CSCO is in the ""buy range"". Intel Corporation ( INTC ) is +0.0001 at $24.50, with 471,059 shares traded. As reported in the last short interest update the days to cover for INTC is 9.368574; this calculation is based on the average trading volume of the stock. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-03-17,16.1573,16.3303,16.0469,16.3087,"Xcel Energy Inc. (XEL) Ex-Dividend Date Scheduled for March 18, 2014 Xcel Energy Inc. ( XEL ) will begin trading ex-dividend on March 18, 2014. A cash dividend payment of $0.3 per share is scheduled to be paid on April 20, 2014. Shareholders who purchased XEL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.14% increase over the prior quarter. The previous trading day's last sale of XEL was $30.52, representing a -3.99% decrease from the 52 week high of $31.79 and a 13.46% increase over the 52 week low of $26.90. XEL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). XEL's current earnings per share, an indicator of a company's profitability, is $1.91. Zacks Investment Research reports XEL's forecasted earnings growth in 2014 as 1.94%, compared to an industry average of .3%. For more information on the declaration, record and payment dates, visit the XEL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to XEL through an Exchange Traded Fund [ETF]? The following ETF(s) have XEL as a top-10 holding: First Trust Utilities AlphaDEX Fund ( FXU ) iShares MSCI USA Size Factor ( SIZE ). The top-performing ETF of this group is SIZE with an increase of 14.96% over the last 100 days. FXU has the highest percent weighting of XEL at 2.97%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-03-18,16.3449,16.4358,16.2511,16.3781,"Wisconsin Energy Touches 52-Week High - Analyst Blog On Mar 17, 2014, the shares of Wisconsin Energy Corporation ( WEC ) climbed to its 52-week high of $45.87. The share price was finally closed at $45.66, up 0.8% from the previous day's closing. We believe that the company's favorable fourth-quarter 2013 results, payment of increased dividend, a rise in 2014 capital spending program and higher number of electricity and natural gas customers in 2013 than the year-ago level, led to the surge in share price. In the fourth quarter of 2013, Wisconsin Energy's operating earnings of 63 cents per share surpassed the Zacks Consensus Estimate by 8.6%. The results were also ahead of the year-ago quarter's operating earnings of 43 cents by 46.5%. Improvement in earnings was primarily driven by colder winter temperatures, lower property and revenue taxes and decreased share counts. The company's earnings surpassed the Zacks Consensus Estimates in the last 4 quarters, with an average surprise of 8.4%. Wisconsin Energy's initiatives including distributing incremental dividends and share repurchase program will help to improve shareholders' value. On Mar 1, 2014, Wisconsin Energy paid quarterly dividend of 39 cents per share on the company's common stock, up around 2% from the previous payout of 38.25 cents per share. As far as Wisconsin Energy's share repurchase plan in concerned, the company repurchased roughly 3.0 million shares for $126 million in 2013. We note that the company continues to show its efficiency in improving its operating cash flow. In 2013, the company's cash flow from operating activities climbed around 4.9% to roughly $1.23 billion from $1.17 billion in the year-ago comparable period. Strong cash generation efficiency supports the company's future projects. We appreciate Wisconsin Energy's steady effort towards improving and modernizing its utility infrastructure. The company plans to invest $3.2-$3.5 billion in its several ventures within a time span of 2014 to 2018. Of which, around $0.71 billion is expected to be invested in 2014. As Wisconsin Energy continues to increase customer counts, we believe 3.4% anticipated year-over-year growth in capital expenditure will enable the company to provide reliable services to higher number of customers. Apart from upgrading infrastructure, Wisconsin Energy is also diversifying its power generation portfolio and expanding its renewable properties. In Nov 2013, the company completed its biomass project in Rothschild. Subsequently, these initiatives will enable the company to maintain governments' renewable standard for electricity generation. Wisconsin Energy currently has a Zacks Rank #2 (Buy). Some other stocks looking equally good in the utilities industry include Public Service Enterprise Group Inc. ( PEG ), Exelon Corporation ( EXC ) and Avista Corporation ( AVA ). While Public Service Enterprise and Exelon hold a Zacks Rank #1 (Strong Buy), Avista Corporation carries a Zacks Rank #2 (Buy). AVISTA CORP (AVA): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-03-19,16.4182,16.5775,16.2473,16.3303,"Wednesday's ETF with Unusual Volume: JXI The iShares Global Utilities ETF ( JXI ) is seeing unusually high volume in afternoon trading Wednesday, with over 139,000 shares traded versus three month average volume of about 42,000. Shares of JXI were down about 0.6% on the day. Components of that ETF with the highest volume on Wednesday were Exelon ( EXC ), trading up about 0.2% with over 3.3 million shares changing hands so far this session, and Consolidated Edison ( ED ), down about 2.5% on volume of over 3.0 million shares. Companhia Paranaense de Energia ( ELP ) is the component faring the best Wednesday, higher by about 1.1% on the day. VIDEO: Wednesday's ETF with Unusual Volume: JXI The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-03-20,16.2629,16.5306,16.0763,16.4914,"[""Stock Market News for March 20, 2014 - Market News Benchmarks ended mostly lower on Wednesday after the Federal Reserve indicated it might increase key lending rates sooner than expected. The central bank also said the economic stimulus program may end this fall and the rates will then be raised six months later. These statements from Federal Reserve Chairwoman Janet Yellen dragged benchmarks to their first drop in three trading days. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) dropped 0.7% to close Wednesday's trading session at 16,222.17. The Standard & Poor (S&P 500) fell 0.6% to finish at 1,860.77. The tech-laden Nasdaq Composite Index too declined 0.6% to 4,307.60. The fear-gauge CBOE Volatility Index (VIX) surged 4.1% to settle at 15.12. Total volume on the New York Stock Exchange was 3.2 billion shares. Advancing stocks were outnumbered by declining stocks on the NYSE. For 24% stocks that advanced, 74% declined. The Federal Reserve Chairwoman Janet Yellen commented that interest rate hikes might happen in about six months after the end of the economic stimulus plan. The quantitative easing program is expected to end this fall. Yellen said central bank will rely on a 'wide range of information' on jobs as well as inflation and not just the unemployment rate while deciding on raising interest rates. Market participants are now expecting the Fed to hike interest rates in the second half of 2015. In an attempt to boost the economy the Federal Funds rate has been near zero since 2008. The Federal Open Market Committee decided in its policy meeting to 'modestly' reduce the pace of its bond purchase program. The Fed also said despite the harsh winter weather in the months of January and February, the economy had recuperated enough to withstand a reduction in bond purchases. The central bank agreed to trim purchase of its U.S. Treasuries and mortgage-backed securities by another $10 billion starting April. This will bring the bond-buyback program to $55 billion. The day was devoid of any major economic data that could boost investors' confidence. The U.S. Department of Commerce reported that fourth quarter current account deficit decreased to $81.1 billion while the consensus estimate expected the deficit to decline to $87 billion. All the 10 sectors of the S&P 500 ended in the red. The Utilities Select Sector SPDR (XLU) led the decline as the sector dropped 1.6%. Top holdings from the Utilities sector such as Duke Energy Corporation (NYSE: DUK ), Dominion Resources, Inc. (NYSE: D ), NextEra Energy, Inc. (NYSE: NEE ), Southern Company (NYSE: SO ) and Exelon Corporation (NYSE: EXC ) decreased 2.2%, 0.9%, 1.2%, 1.5% and 0.3%, respectively. The Industrials sector followed Utilities. The Industrial Select Sector SPDR dropped 1%. Key stocks from the sector such as General Electric Company (NYSE: GE ), United Technologies Corp. (NYSE: UTX ), The Boeing Company (NYSE: BA ), Union Pacific Corporation (NYSE: UNP ) and 3M Company (NYSE: MMM ) fell 1.4%, 0.6%, 1.5%, 1.4% and 1.1%, respectively. U.S. stocks entered the negative territory on Wednesday after rising for two days in a row. In the last couple of days subdued tension between Russia and the West over Crimea, and encouraging domestic economic numbers had boosted markets. Increase in industrial production, modest improvement in general business conditions in New York State and a gain in homebuilders' confidence were welcomed by the investors. The S&P 500 was able to move above its key technical level of 1850 and the tech-heavy Nasdaq Composite Index gained from the surge in technology stocks. BOEING CO (BA): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report 3M CO (MMM): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report UNION PAC CORP (UNP): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon to Acquire ETC ProLiance - Analyst Blog Exelon Corporation ( EXC ) has announced that it will acquire Indianapolis-based firm ETC ProLiance Energy (\""ETC ProLiance\""). The company has already signed an agreement with ETC ProLiance Energy. The transaction is expected to be concluded by the second quarter of 2014. Energy marketing company ETC Marketing, Ltd.'s subsidiary ETC ProLiance supplies natural gas to the industrial and commercial customers. In addition, the firm provides power generators and utilities to more than 2,500 customer facilities. Exelon continues with its acquisition strategy of purchasing assets having the same line of operations. ETC ProLiance is a major gas marketer in the Midwest and has significant presence in Indiana, Illinois, Iowa, Kentucky, Michigan, Missouri, Ohio and Tennessee. We expect the current acquisition to be immediately accretive and will also enable Exelon to increase its customer base besides experiencing operational synergy. In addition, the transaction will help Exelon to reduce competition in the aforesaid states. Post acquisition, ETC ProLiance will act as part of Exelon's subsidiary Constellation. Constellation is a retail supplier of power, natural gas and energy products and services for homes and businesses in the U.S. The transaction is likely to enhance Exelon's product offerings while strengthening its market penetration. We believe inorganic expansion program in the past have helped Exelon to expand its operations. Exelon continues to enjoy the benefits from its merger with Constellation Energy, which boosted the company's position in terms of load and customer base. Exelon expects to gather $550 million annually from 2014 onwards from merger-related operations and maintenance synergies. We note that Exelon continues to improve its cash position and exhibit its efficiency in terms of improving cash inflow through operating activities. For 2013, net cash flows provided by operating activities were $6.3 billion versus $6.1 billion in the year-ago comparable period. A strong financial position supports Exelon's systematic inorganic growth strategy. Exelon currently has a Zacks Rank #1 (Strong Buy). Some other stocks looking equally good in the utilities industry include Public Service Enterprise Group Inc. ( PEG ), American Electric Power Co., Inc. ( AEP ) and Avista Corp. ( AVA ). While Public Service Enterprise holds a Zacks Rank #1 (Strong Buy), American Electric Power and Avista Corporation carries a Zacks Rank #2 (Buy). AMER ELEC PWR (AEP): Free Stock Analysis Report AVISTA CORP (AVA): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-03-21,17.1403,17.2828,16.7866,17.1119,"[""S&P 500 Movers: SYMC, EXC In early trading on Friday, shares of Exelon ( EXC ) topped the list of the day's best performing components of the S&P 500 index, trading up 4.4%. Year to date, Exelon registers a 19.6% gain. And the worst performing S&P 500 component thus far on the day is Symantec ( SYMC ), trading down 11.9%. Symantec is lower by about 21.9% looking at the year to date performance. Two other components making moves today are Gilead Sciences ( GILD ), trading down 4.4%, and Joy Global ( JOY ), trading up 3.3% on the day. VIDEO: S&P 500 Movers: SYMC, EXC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mid-Morning Market Update: Markets Open Higher; Tiffany Posts Downbeat Earnings Following the market opening Friday, the Dow traded up 0.44 percent to 16,402.68 while the NASDAQ surged 0.04 percent to 4,320.84. The S&P also rose, gaining 0.46 percent to 1,880.67. Leading and Lagging Sectors Friday morning, the utilities sector proved to be a source of strength for the market. Leading the sector was strength from Huaneng Power International (NYSE: HNP ) and Exelon (NYSE: EXC ). In trading on Friday, telecommunications services shares were relative laggards, down on the day by about 0.01 percent. Among the sector stocks, 8x8 (NASDAQ: EGHT ) was down more than 2.2 percent, while USA Mobility (NASDAQ: USMO ) tumbled around 2.5 percent. Top Headline Tiffany & Co (NYSE: TIF ) swung to a loss in the fourth quarter. Tiffany posted a quarterly loss of $103.6 million, or $0.81 per share, versus a year-ago profit of $179.6 million, or $1.42 per share. Excluding special items, it earned $1.47 per share. Its revenue climbed to $1.30 billion versus $1.24 billion. However, analysts were estimating earnings of $1.51 per share on revenue of $1.31 billion. For fiscal year 2014, Tiffany projects earnings of $4.05 to $4.15 per share, versus analysts' estimates of $4.27 per share. Equities Trading UP Endocyte (NASDAQ: ECYT ) shares shot up 121.31 percent to $32.40 after Merck & Co (NYSE: MRK ) and Endocyte announced the European CHMP positive opinions for VYNFINIT and the companion agents FOLCEPRI and NEOCEPRI. Shares of LIN Media LLC (NYSE: LIN ) got a boost, shooting up 30.67 percent to $28.08 after Media General (NYSE: MEG ) announced its plans to buy Lin Media LLC for $1.6 billion. CommScope Holding Company (NASDAQ: COMM ) was also up, gaining 11.66 percent to $24.71 after the company lifted its Q1 forecast. Equities Trading DOWN Shares of Symantec (NASDAQ: SYMC ) were down 11.70 percent to $18.46 after the company fired President and Chief Executive Steve Bennett and appointed director Michael Brown as interim president and CEO. UBS downgraded the stock from Buy to Neutral and lowered the price target from $27.00 to $21.00. AAR (NYSE: AIR ) shares tumbled 6.23 percent to $28.99 after the company reported a drop in its Q3 profit and lowered its FY14 forecast. Nike (NYSE: NKE ) was down, falling 3.89 percent to $76.19 after the company issued a cautious forecast for 2015 earnings. Nike posted its quarterly adjusted profit of $0.73 per share on revenue of $6.97 billion. Commodities In commodity news, oil traded up 0.27 percent to $99.17, while gold traded up 0.53 percent to $1,337.80. Silver traded down 0.05 percent Friday to $20.42, while copper rose 1.52 percent to $2.97. Eurozone European shares were mostly higher today. The Spanish Ibex Index fell 0.18 percent, while Italy's FTSE MIB Index rose 0.20 percent. Meanwhile, the German DAX surged 0.19 percent and the French CAC 40 gained 0.01 percent while U.K. shares rose 0.10 percent. Economics On the economics calendar Friday, there is no important data due out. \u00a9 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Free Trading Education - Check out the free events taking place on Marketfy this week. Spaces are limited. Sign up today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Balanced Outlook on American Electric Power - Analyst Blog On March 18, 2014, we issued an updated research report on American Electric Power Co. Inc. ( AEP ). The utility service provider exhibits growth through expansion of transmission assets and its stable earnings base affirms our confidence in the company. However, weather dependent demand and weak economic fundamentals temper our expectation. Zacks Rank #2 (Buy) American Electric Power posted impressive financial statements with its fourth quarter 2013 earnings beating the Street expectations and escalating year over year. Revenues were also ahead of the Zacks Consensus Estimate and increased year over year. American Electric Power posted earnings surprises in three of the past four quarters, with an average beat of 1.27%. The company covers a broad service area and is poised to gain from the current shale boom in the U.S., especially from the Utica shale play. Increased shale activity in the Ohio and Texas regions will propel American Electric's growth trajectory. American Electric Power expects to spend $3.8 billion per year from 2014 through 2016 with the investment primarily skewed towards development of the Transmission and Distribution segment. The company plans to invest more in its regulated business and at the same time implement measures to curtail unregulated generation costs. Moreover, American Electric maintains a strong liquidity position which will enable the company to manage its short-term financial needs and finance high-growth projects. However, we fear more stringent environmental policies will weigh on the company as nearly 66% of the company's power is generated from coal. In addition, sluggish economic recovery in some of its service territories and customer switching could impact the performance of this company going forward. Other Stocks to Consider Similar utility stocks with a favorable Zacks Rank include Otter Tail Corp. ( OTTR ), Public Service Enterprise Group Inc. ( PEG ) and Exelon Corporation ( EXC ). All these stocks sport a Zacks Rank #1 (Strong Buy). AMER ELEC PWR (AEP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report OTTER TAIL CORP (OTTR): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-03-24,17.1177,17.3337,17.0973,17.3132,"[""CEMIG's 2013 Earnings Up Y/Y - Analyst Blog Brazil-based integrated electric utility, Companhia Energetica de Minas Gerais ( CIG ), also known as CEMIG reported impressive results for 2013. The company's net income, adjusted for non-recurring items, increased 9.7% year over year to R$2,954.8 million (US$1,374.3 million). Including non-recurring items, the company's net income was R$3,104 million (US$1,443.7 million), down 27.3% year over year. Revenue CEMIG's net revenue of R$14,627.3 million (US$6,803.4 million) in 2013 represented a year-over-year increase of 3.5%. Electricity sales to end consumers accounted for 86.1% of the total revenue generated. Electricity sold to CEMIG's final consumers increased 3.3% year over year to 61,521 MWh in 2013. Expenses/Income CEMIG's operating expenses totaled R$11,232 million (US$5,224.2 million) in 2013, down 2.8% year over year. Costs including charges for the use of the national grid, royalties for use of water resources, operational provisions and infrastructure construction costs, among others, decreased. Partially offsetting these were increased costs related to energy bought for resale, personnel, materials and post-retirement liabilities, among others. Earnings before interest, taxes, depreciation and amortization (EBITDA), adjusted for non-recurring items, grew 14.3% year over year to R$4,962.1 million (US$2,308.0 million) in 2013 while EBITDA margin was 33.9% in 2013 versus 30.7% in 2012. Balance Sheet/Cash Flow Exiting fourth-quarter 2013, CEMIG had cash and cash equivalents of R$2,202 million (US$937.0 million) versus R$2,111 million (US$946.6 million) recorded at the end of the previous quarter. Loans and financings were R$2,379 million (US$1,012.3 million). In 2013, CEMIG's cash generation from operating activities increased 45% year over year to R$3,515 million (US$1,634.9 million). Capital spent on fixed and intangible assets purchased was R$938 million (US$436.3 million), down 42% year over year. CEMIG is one of the largest integrated electric utilities in Brazil with approximately 97% of the company's installed generation capacity being hydroelectric power. The company has a $6.7 billion market capitalization and currently carries a Zacks Rank #2 (Buy). Some better-ranked stocks in the electric utility industry include Exelon Corporation ( EXC ), Otter Tail Corporation ( OTTR ) and Public Service Enterprise Group Inc. ( PEG ), each with a Zacks Rank #1 (Strong Buy). CEMIG SA -ADR (CIG): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report OTTER TAIL CORP (OTTR): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Edison Int'l Sets Date for SONGS Settlement, Hits High - Analyst Blog Shares of Edison International ( EIX ) attained a 52-week high of $54.35 during intraday trading on Friday, Mar 21, finally closing a trifle lower at $53.87, after it unveiled talks related to its closed San Onofre Nuclear Generating Station (\""SONGS\"") in California. Edison set March 27 for negotiations of costs related to its shuttered SONGS unit in California. The state regulatory body, The Utility Reform Network, a customer group, as well as the partial owner of the unit Sempra Energy (SRE)'s San Diego Electric & Gas are expected to participate in the event for the settlement of costs. The company said that if a settlement is reached Edison's Southern California unit will likely record a charge of $100 million after-tax in the first quarter of 2014. In June last year, Edison decided to permanently shut down Units 2 and 3 of SONGS in California, following a long debate on whether or not to return both the nuclear reactors to service. Edison International unit, Southern California Edison (\""SCE\""), stated that the closure of the nuclear reactors at the plant came in the wake of mounting maintenance charges along with regulatory impediments and investigations faced by the company. Located near the ocean, 60 miles (96 kilometer) southeast of Los Angeles, San Onofre units were shut down safely from Jan 2012 following a minor radioactive leak discovered in tubes inside a steam generator. The generator was manufactured by the Japanese engineering firm Mitsubishi Heavy Industries. The permanent shutdown of the twin reactors has been considered the most significant in the last five decades in the U.S. The nuclear industry witnessed a difficult time in 2013 given the availability of low-priced natural gas and the government-subsidized wind sector. This twisted power-market dynamics not only constricts margins but also makes pricey maintenance extravagant for some nuclear operators. The closure of the San Onofre units is a positive for Edison as it has been a prime risk factor for the stock. An amicable settlement of costs and liabilities will lift a major overhang on the stock. Recently, the company posted fourth quarter 2013 earnings that came in ahead of the Zacks Consensus Estimate by 24.6%. With its strong portfolio of regulated utility assets and well-managed merchant energy operations, Edison International presents a lower risk profile compared to its utility-only peers. We note that SCE operates in a supportive regulatory environment of California. The company is also implementing infrastructure improvement programs, focusing mainly on system reliability, smart grid technology and compliance with California's renewable energy mandate through programs like SmartConnect and Solar Photovoltaic Program. Edison International holds a Zacks Rank #2 (Buy). Stocks that are also worth considering in the space are Zacks Ranked #1 (Strong Buy) Exelon Corporation ( EXC ), Otter Tail Corporation ( OTTR ) and Public Service Enterprise Group Inc. ( PEG ). EDISON INTL (EIX): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report OTTER TAIL CORP (OTTR): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-03-25,17.3025,17.3698,17.0709,17.3132,"[""Great Plains Energy's Shares Hit 52-Week High - Analyst Blog On March 24, 2014, the shares of Great Plains Energy Incorporated ( GXP ) hit a 52-week high of $27.02, finally closing the day a trifle lower at $26.58. The company registered positive earnings surprises in the last four quarters, with an average beat of 23.01%. Great Plains Energy is set to benefit from the gradual improvement in the economies of its service territories. The company sells electricity to residential, commercial and industrial customers in the states of Missouri and Kansas besides providing steam services in Missouri. Reinvigorated business activities and lower levels of unemployment in its service territories will boost the demand for the company's services. In addition, the company's initiative to reduce the regulatory lag and focus on increasing usage of renewable energy to generate electricity is going to have a positive impact on its performance. Riding on these positives, Great Plains Energy expects to deliver earnings per share in the range of $1.60 to $1.75 in 2014. The company is also targeting earnings growth in the range of 4% to 6% through 2016 from 2014 targeted levels. The Zacks Consensus Estimate for 2014 is presently at $1.66 per share, near the midpoint of the company's expectation, reflecting year-over-year growth of 2.28%. The 2014 consensus estimate moved up marginally by 0.6% in the last 30 days as 3 out of 10 estimates moved north. We expect long-term earnings growth of 5.15%. Great Plains Energy is committed to increasing shareholder wealth by regular dividend payments. The company aims to increase the dividend in the range of 4% to 6% in the near term. Rate-based growth and investments in infrastructure will ensure a stable performance from the company going forward and guarantee incremental dividend payouts. In fact, one of the very attractiveness of utility companies is their ability to pay regular dividends to shareholders. Great Plains Energy currently carries a Zacks Rank #2 (Buy). Other companies in the industry which are worth considering include Exelon Corporation ( EXC ), Otter Tail Corporation ( OTTR ) and Public Service Enterprise Group Inc. ( PEG ). All the above stocks presently have a Zacks Rank #1 (Strong Buy). EXELON CORP (EXC): Free Stock Analysis Report GREAT PLAINS EN (GXP): Free Stock Analysis Report OTTER TAIL CORP (OTTR): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Duke Energy Unit, Swinerton Ink Solar Deal - Analyst Blog Duke Energy Corporation 's ( DUK ) unit Duke Energy Renewables continues to expand its power generation portfolio through renewable sources. Duke Energy Renewables entered into an agreement with Swinerton Renewable Energy (\""Swinerton Renewable\""). As per the deal, Swinerton Renewable will provide turnkey engineering, procurement, and construction (EPC) services to the company's two solar power projects, Pumpjack and Wildwood, located near Bakersfield, CA. On March 6, 2014, Duke Energy Renewables inked a deal with an Australian renewable energy firm Infigen Energy. The company acquired two Californian solar projects, Pumpjack and Wildwood, from Infigen Energy. Duke Energy Renewables constructs innovative wind and solar energy generation ventures for its customers. The company has operations in 12 states of the U.S. Duke Energy Renewables has twenty-one solar and fifteen wind farms with a total power generation capacity of 1,800 megawatts (MW). Designing and procurement activities for Duke Energy Renewables' Pumpjack and Wildwood solar power projects have already started. These two set ups will each consist of a 20-MW alternating current (AC) photovoltaic (PV) facility. The project also has a new 115 kilovolt (kV) substation for interconnection to the grid. Duke Energy Renewables' solar facilities will utilize 171,000 x BYD 305 watt (W) polycrystalline modules, 40 x 1 MW NX Advanced Energy inverters and single-axis trackers of Array Technologies Inc. The Pumpjack and Wildwood solar power projects are expected to be operational by 2014. These two facilities can jointly generate 40 MW of clean electricity. Post completion, Duke Energy Renewables will own and operate over 65 MW of solar power in California, totaling 185 MW from twenty-three U.S.-installed solar assets in the U.S. Currently, the use of renewable energy is increasing primarily due to its clean nature and a growing awareness among the masses regarding its benefits. These influence utility providers to shift their method of power generation to solar, wind and water. It is evident from past records that Duke Energy is extending its renewable power generation asset base. In 2013, the company constructed a 21-MW Highlander Solar Power Project in Twentynine Palms. Duke Energy also purchased the 4.5-MW Sunset Reservoir project in San Francisco. Apart from Duke Energy, its peers Dominion Resources, Inc. ( D ) and Exelon Corporation ( EXC ) are investing to construct their renewable utility assets to comply with stringent government regulations. Duke Energy Renewables will sell the output from the two solar assets to Southern California Edison, a subsidiary of Edison International ( EIX ), under a 20-year power purchase agreement. We believe signing of long-term agreements will enable the company to secure a stable revenue stream going forward. A steady cash inflow will also support the company to invest more in new ventures. Charlotte, NC-based Duke Energy Corporation currently has a Zacks Rank #3 (Hold). DOMINION RES VA (D): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EDISON INTL (EIX): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-03-26,17.3132,17.3503,16.8578,17.0542,"[""Mid-Morning Market Update: Markets Open Higher; Francesca's Issues Downbeat Q1 Forecast Following the market opening Wednesday, the Dow traded up 0.35 percent to 16,424.91 while the NASDAQ surged 0.40 percent to 4,251.30. The S&P also rose, gaining 0.38 percent to 1,872.63. Leading and Lagging Sectors Healthcare sector moved up 0.62 percent, with Alimera Sciences (NASDAQ: ALIM ) moving up 6 percent to gain the top spot. Top gainers in the sector included Clovis Oncology (NASDAQ: CLVS ), with shares up 5.9 percent, and Laboratory Corp. of America Holdings (NYSE: LH ), with shares up 4.7 percent. In trading on Wednesday, utilities shares gained by just 0.10 percent. Among the sector stocks, Ormat Technologies (NYSE: ORA ) was down more than 1.4 percent, while Exelon (NYSE: EXC ) tumbled around 1.3 percent. Top Headline Francesca's Holdings (NASDAQ: FRAN ) reported a 29% drop in its fiscal fourth-quarter earnings and issued a weak first-quarter outlook. Francesca's expects current-quarter earnings of $0.20 to $0.24 per share on sales of $85 million and $90 million. However, analysts projected earnings of $0.28 per share on sales of $92 million. Francesca's posted its quarterly profit of $10.6 million, or $0.25 per share, versus a year-ago profit of $14.9 million, or $0.33 per share. Excluding special items, its adjusted earnings came in at $0.27 per share. Its revenue rose 6.3% to $92.1 million. The company had projected a profit of $0.27 to $0.29 per share on sales of $93 million to $95 million. Its gross margin shrank to 50.6% from 53.4%, while comparable-store sales slipped 6%. Equities Trading UP Five Below (NASDAQ: FIVE ) shares shot up 15.41 percent to $43.86 after the company reported better-than-expected fourth-quarter results. The company posted its quarterly adjusted earnings of $0.47 per share on revenue of $212 million. However, analysts were projecting earnings of $0.45 per share on revenue of $207.8 million. Shares of Steelcase (NYSE: SCS ) got a boost, shooting up 11.92 percent to $16.32 after the company reported better-than-expected fourth-quarter earnings. Steelcase reported its Q4 earnings of $0.18 per share, beating analysts' estimates by $0.01 per share. Raymond James upgraded the stock from Outperform to Strong Buy and lifted the price target from $17.50 to $19.00. Movado Group (NYSE: MOV ) was also up, gaining 9.28 percent to $45.93 after the company reported upbeat Q4 earnings and issued a strong FY15 outlook. Equities Trading DOWN Shares of Exelixis (NASDAQ: EXEL ) were down 33.31 percent to $4.30 after the company issued an update on ongoing COMET-1 phase 3 pivotal trial in men with metastatic castration-resistant prostate cancer. Stifel Nicolaus lowered the price target on the stock from $11.00 to $9.00. Francesca's Holdings (NASDAQ: FRAN ) shares tumbled 9.35 percent to $18.91 after the company reported a 29% drop in its fiscal fourth-quarter earnings and issued a weak Q1 outlook. International Game Technology (NYSE: IGT ) was down, falling 7.34 percent to $13.76 after the company announced its plans to lower 7% of its workforce and cut its earnings guidance for the year. Commodities In commodity news, oil traded up 0.47 percent to $99.66, while gold traded up 0.09 percent to $1,312.60. Silver traded up 0.18 percent Wednesday to $20.02, while copper fell 0.68 percent to $2.99. Eurozone European shares were higher today. The Spanish Ibex Index rose 1.73 percent, while Italy's FTSE MIB Index climbed 1.06 percent. Meanwhile, the German DAX jumped 1.45 percent and the French CAC 40 rose 1.23 percent while U.K. shares surged 0.50 percent. Economics The MBA reported that its index of mortgage application activity dropped 3.50% in the week ended March 21. US durable-goods orders gained 2.2% in February, versus economists' expectations for a 0.8% rise. The preliminary reading of the Markit services PMI came in at 55.50 in March, versus economists' expectations for a reading of 54.00. The Treasury is set to auction 5-year notes. \u00a9 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Free Trading Education - Check out the free events taking place on Marketfy this week. Spaces are limited. Sign up today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pacific Gas & Electric Co. (PCG) Ex-Dividend Date Scheduled for March 27, 2014 Pacific Gas & Electric Co. ( PCG ) will begin trading ex-dividend on March 27, 2014. A cash dividend payment of $0.455 per share is scheduled to be paid on April 15, 2014. Shareholders who purchased PCG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 17th quarter that PCG has paid the same dividend. The previous trading day's last sale of PCG was $44.71, representing a -7.81% decrease from the 52 week high of $48.50 and a 13.41% increase over the 52 week low of $39.43. PCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PCG's current earnings per share, an indicator of a company's profitability, is $1.84. Zacks Investment Research reports PCG's forecasted earnings growth in 2014 as 10.63%, compared to an industry average of 1.1%. For more information on the declaration, record and payment dates, visit the PCG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PCG through an Exchange Traded Fund [ETF]? The following ETF(s) have PCG as a top-10 holding: Select Sector SPDR Fund - Utilities ( XLU ) iShares Dow Jones U.S. Utilities Index Fund ( IDU ) Vanguard Utilities ETF ( VPU ). The top-performing ETF of this group is XLU with an increase of 4.11% over the last 100 days. It also has the highest percent weighting of PCG at 3.8%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""VPU, D, NEE, EXC: Large Inflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Utilities ETF (Symbol: VPU) where we have detected an approximate $35.6 million dollar inflow -- that's a 2.3% increase week over week in outstanding units (from 17,078,821 to 17,478,821). Among the largest underlying components of VPU, in trading today Dominion Resources Inc (Symbol: D) is up about 0.3%, NextEra Energy Inc (Symbol: NEE) is down about 0.2%, and Exelon Corp. (Symbol: EXC) is lower by about 1%. The chart below shows the one year price performance of VPU, versus its 200 day moving average: Looking at the chart above, VPU's low point in its 52 week range is $78.50 per share, with $90.29 as the 52 week high point - that compares with a last trade of $88.99. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-03-27,17.0659,17.3025,16.9028,17.2565,"Massive hedging activity in Exelon Exelon has bounced hard, and traders are protecting their profits. optionMONSTER's Depth Charge monitoring program detected the purchase of about 20,000 May 31 puts for $0.50 to $0.60, dwarfing previous open interest of just 31 contracts. The April 32s were also bought for $0.50 more than 5,000 times. Puts make money when a stock falls because they lock in the price where shares can be sold. Investors use them to hedge existing positions or to speculate on a drop. (See our Education section.) EXC fell 1.49 percent to $32.44 yesterday, but is up 18 percent since the start of January. That rebound followed years of selling pressure in the electricity company, which operates nuclear power plants and runs local utilities. Given its longer-term downtrend, some traders may expect a pullback following the recent rally. That would explain Wednesday's bearish trades. Puts accounted for a 92 percent of the volume, according to Depth Charge. Total option activity was 13 times normal amounts. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-03-28,17.2233,17.5252,17.1559,17.5018,
EXC,2014-03-31,17.5603,17.8447,17.5193,17.6444,
EXC,2014-04-01,17.6659,17.703,17.4079,17.6083,
EXC,2014-04-02,17.6131,17.748,17.4705,17.618,
EXC,2014-04-03,17.6502,17.8056,17.5603,17.7597,
EXC,2014-04-04,17.787,18.3391,17.7597,18.1241,"In A Difficult Uranium Environment, The Athabasca Basin Is A Clear Winner By Derek Hamill : Uranium Market Overview - 2014 Q1 There is renewed optimism for uranium equities following a three-year bear market sparked by the infamous Fukushima Daiichi nuclear accident (Chart 1). On Feb 25th, the Japanese government, led by Shinzo Abe, reversed the previous government' s decision to phase out nuclear energy. Instead, nuclear is set to regain its former stature as an integral component of Japan's electricity generation; although no timetable for reactor restarts was given (Map 1). The use of nuclear remains a heated topic with the Japanese public, as recent polls show the majority of respondents continue to oppose reactor restarts and a large majority harbour some degree of concern over reactor safety. [1] Therefore, restarting idled Japanese reactors is likely to be contested, indicating the industry-wide completion of the process will be gradual, with reactors restarting in stages. Depending on the enforcement of new safety regulations and the degree of compromise from the Abe-led government, a sizable contingent of reactors may never restart. Source: Japan Reactor Restarts - Return of the Jedi Our model suggests a base-case scenario of 28 eventual reactors restarting; though the confidence range is wide, reflecting the uncertain political environment. Alternatively, Cameco ( CCJ ) had predicted 35 to 40 reactors would eventually restart. [2] This seems optimistic, as we assume no BWR (boiling water reactor) with Mark 1 containment built in the 70s will restart. This was the model in operation at Fukushima Daiichi. Though utilities operating these reactors had made improvements prior to 2011, the design appears inadequate to deal with Japan's seismic threats (earthquakes, volcanic activity, and tsunamis) post-Fukushima. [3] Even BWRs with Mark 2 containment may have a tough time receiving approval to restart without massive capital expenditure (capex) improvements depending on their geographic location. Japan has three BWRs with Mark 1 containment still listed as operational, and eleven BWRs with Mark 2 containment. [4] Source: National Report of Japan for the Fifth Review Meeting of the Convention on Nuclear Safety, Sep 2010, Government of Japan It should be noted that the unlike its predecessor, Japan's National Regulatory Authority ((NRA)) has the legal authority to ""back-fit"" new rules and regulations onto existing nuclear power plants (NPPs). This has left the future of NPPs located at Tsuruga, Ohi, Higashidori, Mihama, and Shika up in the air due to their proximity to potentially active faults. New rules incorporating multi-layered protective measures will also increase one-time costs for NPPs exposed to tsunami risk along Japan's eastern seaboard and NPPs with active volcanoes within a 160 km radius. [5] There are numerous potentially active faults and volcanoes in Japan, such that the definition of what is or should be considered active will have a material impact on utilities that own idled reactors. Regulatory uncertainty - and the subsequent costs - mixed with significant anti-nuclear public support makes predicting reactor restarts difficult and the timing next to impossible. Due to the large amount of uncertainty, we use an ordinal ranking methodology based on an assigned score using the independent variables: Seismic safety Reactor age and model Proximity to major population densities Reputation of the operating utility Exposure to tsunami potential Concentration of reactors Access to consumer base To determine seismic risk, we used mapping from the Japan Seismic Hazard Information Station (J-SHIS), which included information regarding: Probability of major seismic hazards within 30 years Major active fault zones Major subduction-zone earthquakes Occurrence region of subduction-zone earthquakes Source: We believe both reactors currently under construction will be completed, as both scored well and are modern, third-generation advanced reactors. Japan's referenced nuclear output under our best-case scenario could approach 32 GW of capacity, representing 75% of the country's currently listed operable net generating capacity. The results of the model are encouraging, as the Sendai-2 and to a lesser extent Sendai-1 reactors were estimated to be amongst the first group to restart. The Sendai NPP has been shortlisted by the Japanese NRA clearing the way for the first potential NPP restart. We use the 10-year average load factor for reactors worldwide prior to the Fukushima accident to determine what the expected load is for Japanese reactor restarts. Interestingly, it appears, in aggregate, Japan's NPPs' utilization was below the world average in 2010. Economically, Japan's nuclear industry, though not necessarily individual utilities, should be healthier, with fewer operating reactors running with increased efficiency once necessary write-downs are taken. USA - The empire strikes back In the US, the commercial nuclear industry may soon be able to arrest the recent declines experienced. Nuclear power consumption peaked in 2010, before declining year-on-year (yoy) in 2011 and 2012. Last year saw four reactors close prior to the expiration of their operating licences, and EDF announce its withdrawal from the US nuclear market due to unfavourable economics. [6] Exelon ( EXC ), the largest US utility of NPPs, has indicated possible closures of some reactors. And while there are four new reactors under construction in the US - the first to have broken ground in over thirty years - the expected completion dates are anything but certain. Construction of the Watts Bar-1 reactor, which was connected to the power grid in 1996, took over twenty-three years to complete; while construction of Watts Bar-2, expected to be commercially operable in 2016, started in 1972, before being suspended for almost twenty-two years in 1985. Therefore, little faith should be placed behind either project - Summer or Vogtle - reactor construction schedules. Both appear to be facing cost overruns and difficulties honouring their respective timetables. [7] Source: However, a combination of factors should help the US commercial nuclear industry through 2015 to 2020: Coal - Routinely represents more than 40% of the annual US electricity generation, and was relied upon this winter due to consistently frigid temperatures. [8] However, new environmental regulations will have a material impact on US coal consumption. The US Energy Information Administration (US EIA) estimates coal consumption to decrease by 3.1% in 2015, ahead of the implementation of the EPA's Mercury and Air Toxics Standards ((MATS)) in 2016. Further, the US EIA reference case projects the retirement of 60 GW of capacity by 2020, which was approximately 20% of the total US electricity generating capacity from coal in 2012. Gas - Represents approx. 27% of US electricity generation. Unlike NPPs, whose cost structure when operating is largely fixed, electricity generation from natural gas has significant variable costs. Any prolonged material increase in the price of natural gas from the mid-U$4/MMBtu range should cause the wholesale price of electricity to rise, improving the competitiveness of nuclear generation. Reasons for natural gas prices to likely rise in the US over the medium term are: ((i)) increased demand from utilities as coal plants retire, (ii) the adequacy of the natural gas transportation and storage network to handle greater-than-expected demand. [9] Anecdotally, the Keystone XL application was filed 5.5 years ago, leading to the conclusion that lobbying by special interest groups will stifle necessary infrastructure investment. ((iii)) Potential relaxation of the rules surrounding the export of liquefied natural gas (( LNG )), which could lead to increased domestic natural gas prices. Wind - The recent expiry of the Production Tax Credit (( PTC )), which historically has had massive positive impacts on wind infrastructure investment dollars. [10] A recent PwC global survey showed the majority of utilities expect onshore wind to be economic by 2030. However, without the ongoing renewal of the PTC, it is difficult to see how the US will achieve the administration's renewable energy targets by 2020. Therefore, a reasonable case can be made for fewer reactor retirements throughout the forecast period than would otherwise be expected. Currently, there are no operational reactors older than 45 years in the US. Reactor retirements are likely to occur after the initial operating licence has been extended and before large fixed capital expenditures are incurred. During this stage, capex requirements are more likely to be greater than the expected net present value (( NPV )) of future cash flows due to much shorter time horizons. In the base-case scenario, we expect five BWRs with Mark 1 containment vessels to be retired along with the three oldest PWR reactors by 2020. The US currently has 23 BWRs with Mark 1 containment. However, none are situated along the Pacific coast, and the US does not face the same hazardous seismic risks as Japan. We discount the probability of current reactors under construction being commercially operational within the forecast period, anticipating only the Watts Bar-2 reactor to be connected to the grid. Our base case leads to the conclusion of 93 operational reactors by 2020. Source: , WNA, ZC estimates It is important to note there are risks to the US commercial nuclear industry. Domestic natural gas prices remaining at current levels over the forecast period due to consistently mild weather and continued economic malaise would keep wholesale electricity prices low, hindering the competitiveness of NPPs. As well, increased scrutiny by the Nuclear Regulatory Commission ((NRC)), though unlikely, of older reactors could potentially increase capital and maintenance costs for utilities. The combination of these risks would lead to a rash of reactor retirements and our bear case assumption is of 82 operational reactors by 2020. For reasons listed above, we do not believe this scenario will come to fruition. China - A new hope China is a markedly different and refreshing story. Though the China General Nuclear Corporation ((CGN)) and China National Nuclear Corporation ((CNNC)) secured a large minority stake in the recently announced multi-billion dollar Hinkley C project in the UK, the real growth market for nuclear is in China. Given China's favourable nuclear power performance since 1996 and continued commitments, we anticipate 23.6 GW of capacity additional capacity by 2020. With air quality becoming a serious concern within China, and less opposition to the politburo policies, there is no reason to expect growth of nuclear generating capacity in China to slow. Even with more modest growth for Chinese electricity generation, the forecast total net 40.5-44.7 GW of nuclear capacity will likely represent approximately only 4% of total electricity generated in 2020. Source: , WNA, ZC estimates Conclusion Due to continued headwinds for the commercial nuclear industry throughout the OECD (Organisation for Economic Co-operation and Development), representing 79% of total nuclear consumption in 2012, we have revised down our future spot price estimates. Prodigious Chinese nuclear growth and Japanese reactor restarts will be partly offset by declining demand out of the US. Therefore, our base case growth forecast for aggregate annual NPP requirements from China, Japan, and the US is an additional 20.7 million pounds of U 3 O 8 in 2020. Meanwhile, Cameco expects production from Cigar Lake to be at optimal capacity of close to 18 million pounds of U 3 O 8 by 2018. Source: , WNA, ZC estimates We believe the current spot price of U$34.70/lbs U 3 O 8 continuing to languish under our 2014 bear case annual average price target of U$40.72/lbs is telling. The percentage of spot market transactions over the period 2011 to 2013 remains above the long-term trend. [11] This situation is unlikely to reverse, and alleviate downward pressure on the spot price, until Japanese reactors officially begin to restart. We continue to believe the Athabasca Basin, as a low-cost producer, provides a certain measure of prolonged downside price risk, while offering significant upside potential. Given the uncertainty surrounding global uranium requirement for NPPs, and the likely scenario that most utilities have probably accumulated significant of fuel due to the heavy discount between the spot and long-term price, there is tremendous value in being a low-cost producer. Source: The Athabasca Basin - Update on our investment thesis We have and continue to believe that the Athabasca Basin region is the best place to explore for and mine uranium. Grade is the number one reason. Additionally, Saskatchewan is an attractive place to build a mine, ranking 12 out of 112 jurisdictions worldwide in the recent Fraser Institute Global Mining Survey. [12] There is necessary infrastructure (roads, power, mills, etc.) in much of the region, especially in the eastern side of the Basin, where CCO's McArthur River and Cigar Lake mines are situated. Infrastructure is a major factor that influences the economics of a potential mine; the less material that you have to physically mine, truck, and process, the more lucrative your operation. The main risk in the Basin continues to be the inherent uncertainty in exploration, which can be compounded as depth increases. However, given uncertainty surrounding the future uranium price environment, the potential rewards for finding premium deposits will continue to further incentivise exploration in the Basin. Many believe that a long-term price of $60/lbs U 3 O 8 is needed to properly incentivise investment and maintain production for close to 33% of the world's high-cost production; though our own analysis indicates this is closer to 25%. I believe the fact that Paladin Energy Ltd. ([[PALAF]], TSX: ((PDN))) is placing operations at its Kayelekera mine in Malawi on care and maintenance (after continued operating losses) illustrates the material difference in cost structures that exist for producers outside the Basin and a few pockets in the US. Recent business developments from Denison Mines ([[DNN]], TSX: DML) - spinning off its African operations, bolstering the 2014 Basin exploration budget, and planning to acquire Enexco Limited (IEXCF) - upholds our investment thesis. Exploration companies focused in the Basin hold a lottery ticket to a massive deposit. Hathor Exploration is an excellent example of a company that in 2006 had a market cap of about $6M, discovered the world-class Roughrider deposit in 2008, and was bought by Rio Tinto (RIO) in 2012 for $654M. As a low-cost producer, if the uranium price remains under distress, the Basin should attract both domestic and foreign exploration dollars. Source: CCO Within Zimtu Capital's portfolio (ZTMUF), two uranium exploration companies focused in the Basin recently were able to raise capital in short order, both exercising the full over allotment option. NexGen Energy (NXGEF) announced a C$10 million bought deal on March 4, which closed on March 26 for gross proceeds of C$11.5 million, to advance ongoing exploration efforts. ([[LRESF]], TSX: LK) announced a C$2 million brokered private placement on Feb 24, which closed on March 20 for gross proceeds of C$2.8 million. Using a small sample size to extrapolate over a much larger market is risky, and yet these financings do indicate increased investor risk appetite and optimism in the Basin. Lakeland Update Recapping our previous note on , the Company has a strong technical team with a clearly defined business strategy, and has added professional uranium and nuclear expertise to the advisory board. Lakeland has a large land package with historic data. LK's focus has been to enhance this historical data with modern at-surface geological and geophysical techniques, before partnering the individual projects for drilling. In this way, Lakeland is able to diversify some of the exploration risk by working on multiple targets. The large land package also allows Lakeland the freedom to act as a property vendor. Gibbon's Creek is the first target identified by the Company. The target property is in the north of the Basin, totals 12,711 hectares, and is less than 3 km from the closest community (Stoney Rapids). Source: Significant Corporate Updates - Timeline Dec. 4 - Lakeland announced a joint venture with Declan Resources (CVE: LAN) on their Gibbon's Creek target, whereby LAN can earn up to 70% interest in the property given certain obligations are met, including annual cash and share payments, and exploration expenditures (Table 8). The recent appointment of Mr. David Miller, the former head of Strathmore Minerals Corp., to president, director, and CEO brings credibility and Athabasca Basin uranium focus to LAN. We believe LAN will be able to meet annual exploration requirements for Gibbon's Creek. Jan 8 - Update on recent at-surface exploration work at Gibbons Creek. Both boulder prospecting and DC-Resistivity support historic data. Notably, RadonEx results were extremely positive, helping to define high-priority drill targets. Mar 18 - JV partners' announcement of a modern electromagnetic ground survey to confirm historical data. The Phase I drill program is expected to include up to 15 holes totaling 2500 meters. Permits have been received to drill up to 52 holes on the property. Mar 20 - Lakeland closed a brokered and non-brokered private placement for gross proceeds of C$2.83 million. The Company issues 5.885 million flow-through ((FT)) units and approximately 6.47 million ordinary shares (Table 6). The use of proceeds from the FT units will be used to cover qualified Canadian exploration expenses, while the proceeds from ordinary shares issued (""hard dollars"") will be used for exploration of the Company's properties in the Basin. Conclusion Over the last twelve months, Lakeland has successfully transitioned into a junior uranium explorer focused in the Athabasca Basin. The company-building process was executed in measured increments, including the addition of a diverse group of professionals to the advisory board, changes to the board of directors, acquiring an impressive land package, and completing two successful financings. With the expected exploratory drilling set to begin in the near future on the Gibbons Creek property, Lakeland has shown successful skill at proving up potential uranium targets. If Lakeland can replicate its business model on additional properties, it will be well positioned to offer a diverse portfolio of uranium exploration targets and provide shareholders with value. [1] The ASAHI SHIMBUN, ""ASAHI POLL: 59% oppose restart of nuclear reactors"", Mar 18, 2014 [2] Cameco Corp. Presentation at the Canaccord Resource Conference, Oct 2013 [3] Reuters, Japan reactor design caused GE engineer to quit, Mar 15, 2011 [4] Hitachi-GE Nuclear Energy, ""Advanced Boiling Water Reactor"", page 4 [5] Japanese NRA, ""Enforcement of the New Regulatory Requirements for Commercial Nuclear Power Reactors"", Jul 8, 2013 [6] Reuters, ""UPDATE 3-EDF exits US nuclear, ups earnings outlook"", Jul 30, 2013 [7] Direct Testimony of Steven C. Prenovitz on behalf of Nuclear Watch South | Docket 29849 [8] US EIA, ""US Coal Consumption"", Short-Term Energy Outlook, Mar 11, 2014 [9] North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future [10] ""Global Trends in Renewable Energy Investment 2013"" Frankfurt School UNEP Centre & Bloomberg New Energy Finance [11] Ux Weekly, ""2013 Uranium Spot Market Review"", Feb 3, 2014 [12] Fraser Institute, "" Survey of Mining Companies: 2013"", Cervantes, Miguel et al, Mar 3, 2014 Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. See also Be Careful Not To Fall Prey To The Consensus on seekingalpha.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-04-07,18.1144,18.4163,18.1144,18.2404,
EXC,2014-04-08,18.1486,18.6918,18.0537,18.686,"Exelon Unit Adds 976KW Solar Asset - Analyst Blog Exelon Corporation 's ( EXC ) business unit, Constellation Energy Resources, LLC (""Constellation""), continues to expand its renewable portfolio. The company announced that it is building a 976-kilowatt direct current (DC) solar generation project in the city of Palmdale, CA. The project is scheduled to be completed in 2014. The solar set-up is located on three sites - Civic Center, DryTown Water Park and Marie Kerr Park at Palmdale. It has an annual power generation capacity of 1,800 megawatt-hours. The project will have around 3,200 photovoltaic panels and will be able to get rid of carbon dioxide emission by 1.8 million pounds per year. Constellation is funding for the development activities in the project. Huntington Beach, CA-based turnkey solar solutions provider PsomasFMG and the city of Palmdale are jointly engaged in the construction functions. Post completion, Constellation will own and control the operations of the solar project. The project will create a win-win situation for both Constellation as well as the city of Palmdale. Constellation will sell the output from the project to the city of Palmdale at a fixed-rate, under a 20-year power purchase agreement. In addition, increasing focus on renewable portfolio will also enable Constellation to meet government's regulations on power generation from the renewable sources and reduce greenhouse gas emission. On the other side, the contract is expected to enable the city of Palmdale to save above $40,000 in electricity costs in the first year of the system's operation, thereby reducing electricity costs. We note that utilization of renewable energy for electricity generation is gradually rising primarily due to its clean nature and a growing awareness among the masses about its benefits. This has influenced the utility providers to shift their energy mix to solar, water, and wind from traditional sources. We note that Exelon generates around 55% of electricity from nuclear powered units. Though the company maintains necessary safety measures, nuclear power generation has been a debatable issue since the nuclear disaster in Japan. To diversify its generation portfolio and reduce risks associated with accidents in nuclear facilities, Exelon is currently focusing more on expansion of renewable energy-fuelled power generation assets. Currently, roughly 10% of the company's total production comes from renewable sources with the ratio rising gradually. In 2013, Constellation added 38 megawatt of customer-sited solar generation to its portfolio. Apart from Exelon, its peers ALLETE, Inc. ( ALE ), Sempra Energy ( SRE ) and Wisconsin Energy Corporation ( WEC ) are investing substantially to construct and upgrade their renewable utility infrastructure to comply with strict regulations. We believe that addition of renewable assets along with inking long-term power supply agreements will enable Exelon to secure a stable revenue stream going forward. A steady cash inflow will also support Exelon to invest more in new projects. Chicago, Ill.-based Exelon currently has a Zacks Rank #2 (Buy). ALLETE INC (ALE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SEMPRA ENERGY (SRE): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-04-09,18.7074,18.7944,18.3215,18.5511,
EXC,2014-04-10,18.5873,18.7435,18.3821,18.4495,"[""Thursday's ETF with Unusual Volume: VPU The Vanguard Utilities ETF ( VPU ) is seeing unusually high volume in afternoon trading Thursday, with over 647,000 shares traded versus three month average volume of about 125,000. Shares of VPU were down about 0.3% on the day. Components of that ETF with the highest volume on Thursday were Exelon ( EXC ), trading up about 0.2% with over 3.0 million shares changing hands so far this session, and PPL ( PPL ), up about 0.8% on volume of over 2.9 million shares. AES ( AES ) is the component faring the best Thursday, higher by about 1% on the day, while Middlesex Water ( MSEX ) is lagging other components of the Vanguard Utilities ETF, trading lower by about 2.5%. VIDEO: Thursday's ETF with Unusual Volume: VPU The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Toss these investments as part of spring cleaning Opinion: Rebalancing your portfolio is more crucial than ever this year It\u2019s crucial to rebalance your portfolio this year after outsized gains and Fed policy changes, writes Jeff Reeves.""]"
EXC,2014-04-11,18.4446,18.5686,18.3967,18.4837,
EXC,2014-04-14,18.4788,18.5756,18.4329,18.5511,
EXC,2014-04-15,18.6303,18.9262,18.6067,18.9262,
EXC,2014-04-16,18.8793,19.0591,18.807,19.0543,
EXC,2014-04-17,18.9907,19.0973,18.8237,18.9585,
EXC,2014-04-21,18.9214,19.1411,18.8002,18.896,
EXC,2014-04-22,18.8696,18.9809,18.7435,18.8696,
EXC,2014-04-23,18.9214,19.1588,18.8393,18.8735,
EXC,2014-04-24,18.9478,19.0474,18.7699,18.9322,
EXC,2014-04-25,18.9322,19.0836,18.8735,19.064,"[""Alliant Energy Corporation (LNT) Ex-Dividend Date Scheduled for April 28, 2014 Alliant Energy Corporation ( LNT ) will begin trading ex-dividend on April 28, 2014. A cash dividend payment of $0.51 per share is scheduled to be paid on May 15, 2014. Shareholders who purchased LNT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.51% increase over the same period a year ago. At the current stock price of $57.88, the dividend yield is 3.52%. The previous trading day's last sale of LNT was $57.88, representing a -1.05% decrease from the 52 week high of $58.50 and a 23.7% increase over the 52 week low of $46.79. LNT is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). LNT's current earnings per share, an indicator of a company's profitability, is $3.23. Zacks Investment Research reports LNT's forecasted earnings growth in 2014 as 4.58%, compared to an industry average of 1.9%. For more information on the declaration, record and payment dates, visit the LNT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to LNT through an Exchange Traded Fund [ETF]? The following ETF(s) have LNT as a top-10 holding: Schwab US Dividend Equity ETF ( SCHD ). The top-performing ETF of this group is SCHD with an increase of 2.59% over the last 100 days. It also has the highest percent weighting of LNT at 0.15%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""NiSource, Inc (NI) Ex-Dividend Date Scheduled for April 28, 2014 NiSource, Inc ( NI ) will begin trading ex-dividend on April 28, 2014. A cash dividend payment of $0.25 per share is scheduled to be paid on May 20, 2014. Shareholders who purchased NI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that NI has paid the same dividend. At the current stock price of $35.87, the dividend yield is 2.79%. The previous trading day's last sale of NI was $35.87, representing a -2.58% decrease from the 52 week high of $36.82 and a 32.31% increase over the 52 week low of $27.11. NI is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NI's current earnings per share, an indicator of a company's profitability, is $1.7. Zacks Investment Research reports NI's forecasted earnings growth in 2014 as 5.88%, compared to an industry average of 1.9%. For more information on the declaration, record and payment dates, visit the NI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Will TECO Energy (TE) Beat on Earnings? - Analyst Blog TECO Energy, Inc. ( TE ) will release its first-quarter 2014 financial results before the opening bell on Apr 29, 2014. In the prior quarter, earnings of this regulated utility and other services provider were in-line with the Zacks Consensus Estimate. TECO Energy currently has a Zacks Rank #3 (Hold). Let's see how things are shaping up for this announcement. Factors to Consider This Quarter TECO Energy continues to increase its customer base, primarily backed by gradual improvement in economy at the state of Florida. This trend is expected to prevail in the future mainly due to the decline in unemployment rate and housing market recovery. These factors will aid TECO Energy to add new customers to its portfolio, thereby improving future performance. The World Steel Association projects a 3.1% rise in global steel consumption in 2014. This will create fresh demand for metallurgical (met) coal, and TECO Energy will benefit from the revival of met coal demand through its subsidiary, TECO Coal. On the flip side, TECO Energy's operations are subject to the federal, state and local regulations associated with air, water and other environmental issues. Any changes in guidelines could impact the company's financial performance. Earnings Whispers Our proven model does not conclusively show that TECO Energy is likely to beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP (Expected Surprise Prediction) and a Zacks Rank #1, 2 or 3 for this to happen. This is not the case here. Zacks ESP: This is because the Most Accurate estimate and the Zacks Consensus Estimate stand at 22 cents, resulting in an ESP of 0.00%. Zacks Rank #3 (Hold): TECO Energy's Zacks Rank #3 (Hold) when combined with a 0.00% ESP makes surprise prediction difficult. The company registered 0.00% earnings surprise in the last quarter. Other Stocks to Consider Here are some other utility companies worth considering as our model shows they have the right combination of elements to post an earnings beat this quarter. Ameren Corp. ( AEE ) has an earnings ESP of +6.25% and carries a Zacks Rank #2 (Buy). Exelon Corp. ( EXC ) has an earnings ESP of +6.94% and carries a Zacks Rank #2 (Buy). PPL Corp. ( PPL ) has an earnings ESP of +4.41% and carries a Zacks Rank #2 (Buy). AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report TECO ENERGY (TE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-04-28,19.0904,19.2399,19.0474,19.1968,"[""Is Wisconsin Energy Poised to Beat Earnings Again? - Analyst Blog We expect utility service provider Wisconsin Energy Corp. ( WEC ) to beat expectations when it reports first-quarter 2014 results on Apr 30, 2014. Why a Likely Positive Surprise? Our proven model shows that Wisconsin Energy is likely to beat earnings because it has the right combination of two key factors. Positive Zacks ESP: The Earnings ESP (Expected Surprise Prediction), which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is +2.41%. This is a meaningful and leading indicator of a likely positive earnings surprise for this company. Zacks #2 Rank (Buy): The stocks with Zacks Ranks of #1, 2 and 3 have a significantly higher chance of beating earnings. The Sell rated stocks (#4 and 5) should never be considered going into an earnings announcement. The combination of Wisconsin Energy's Zacks Rank #2 (Buy) and +2.41% ESP make us confident of a positive earnings beat on Apr 30. What is Driving Better-than-Expected Earnings? Wisconsin Energy could be up for another bottom-line outperformance in first quarter 2014 following its positive earnings streak in the last four quarters. A key factor that could act as a growth driver includes the steady economic improvement in the state of Wisconsin. Continued customer additions signal better earnings prospects for the company in the first quarter. Wisconsin Energy witnessed a 6.4% and a more than 15% increase in electric service connections as well as natural gas installations, respectively in 2013 from 2012. In addition, Wisconsin Energy's ambitious biomass-plant attained full commercial operability in Nov 2013. This will allow the company to meet rising industrial demand for electricity and in turn will lend additional upside to its sales stream. Moreover, Wisconsin Energy's cost-abatement efforts via gradual conversion of its coal-fired units to natural gas-fired plants will help minimize operating costs. This could certainly enhance the company's profitability. Other Stocks to Consider Wisconsin Energy is not the only company looking up this earnings season. We also see likely earnings beat coming from other utility providers. NRG Yield, Inc. ( NYLD ), Earnings ESP of +23.53% and Zacks Rank #1 (Strong Buy). Exelon Energy Corp. ( EXC ), Earnings ESP of +6.94% and Zacks Rank #2 (Buy). Ameren Corp. ( AEE ), Earnings ESP of +6.25% and Zacks Rank #2 (Buy). AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NRG YIELD INC-A (NYLD): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Can Exelon Corp. (EXC) Keep the Earnings Streak Alive? - Analyst Blog We expect utility major Exelon Corporation ( EXC ) to beat expectations when it reports first-quarter 2014 results on Apr 30, 2014. Why a Likely Positive Surprise? Our proven model does not conclusively show that Exelon is likely to beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP (Expected Surprise Prediction) and a Zacks Rank #1, 2 or 3 for this to happen. This is not the case here. Positive Zacks ESP: This is because the Most Accurate estimate stands at 77 cents while the Zacks Consensus Estimate is 72 cents, resulting in +6.94% ESP. This is a meaningful and leading indicator of a likely positive earnings surprise. Zacks #2 Rank (Buy): We note that stocks with Zacks Ranks of #1, 2 and 3 have a significantly higher chance of beating earnings. The Sell-rated stocks (#4 and 5) should never be considered while going into an earnings announcement. The combination of Exelon's Zacks Rank #2 (Buy) and +6.94% ESP make us confident of a positive earnings beat on Apr 30. What is Driving the Better-than-Expected Earnings? Exelon continues with its steady effort towards improving the existing infrastructure while adding new assets to its portfolio. The company is continuously spending substantial amounts to upgrade aging properties and install smart meters backed by strong financial position. These initiatives will enable Exelon to provide reliable services to its customers. In Dec 2013, the commissions gave approval to Exelon's two subsidiaries, Commonwealth Edison Company and Baltimore Gas and Electric Company, to raise their respective rate by a part of their actual appeal. Receiving rate hike approvals from the commissions will encourage the company to invest more for infrastructure development projects. In addition, Exelon is engaged in cost-containment initiatives. During fourth-quarter 2013, the company's total operating expenses decreased 4.3% year over year. Exelon's steady cost-control efforts will enable it to improve its future margins. Other Stocks to Consider Here are some other utility companies worth considering as our model shows they have the right combination of elements to post an earnings beat this quarter. Ameren Corp. ( AEE ) has an earnings ESP of +6.25% and carries a Zacks Rank #2 (Buy). OGE Energy Corp. ( OGE ) has an earnings ESP of +4.17% and carries a Zacks Rank #2 (Buy). PPL Corp. ( PPL ) has an earnings ESP of +4.41% and carries a Zacks Rank #2 (Buy). AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report OGE ENERGY CORP (OGE): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Will NiSource (NI) Beat Earnings this Quarter? - Analyst Blog NiSource Inc. ( NI ) will release its first quarter 2014 financial results before the opening bell on Apr 30, 2014. The company posted a positive earnings surprise of 2.17% in the preceding quarter. NiSource currently has a Zacks Rank #3 (Hold). Let's see how things are shaping up for this announcement. Factors to Consider This Quarter Positive economic fundamentals in Northern Indiana service territories are expected to boost NiSource's electric sales in the first quarter of 2014. In addition, the current shale boom in the U.S. will likely act as a catalyst to the company's pipeline business. The initial start-up of the Hickory Bend gathering and processing facilities in Dec 2013 will allow increased accessibility to the Marcellus and Utica productions. However, risks of accidents like the recent Columbia pipeline explosion could pose challenges to the company's operative capability. Moreover, exposure to volatile oil and gas prices might impact NiSource's top-line results. Earnings Whispers Our proven model does not conclusively show that NiSource is likely to beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP (Expected Surprise Prediction) and a Zacks Rank #1, 2 or 3 for this to happen. This is not the case here. Zacks ESP: The Most Accurate estimate and the Zacks Consensus Estimate stand at 78 cents, resulting in an ESP of 0.00%. Zacks Rank #3 (Hold): NiSource's Zacks Rank #3 (Hold) when combined with a 0.00% ESP makes surprise prediction difficult. Meanwhile, we caution against stocks with Zacks Ranks #4 and #5 (Sell-rated stocks) going into the earnings announcement. Other Stocks to Consider Here are some utility companies having the right combination of elements to post an earnings beat this quarter. Ameren Corp. ( AEE ) has an earnings ESP of +6.25% and carries a Zacks Rank #2 (Buy). Exelon Corp. ( EXC ) has an earnings ESP of +6.94% and carries a Zacks Rank #2 (Buy). PPL Corp. ( PPL ) has an earnings ESP of +4.41% and carries a Zacks Rank #2 (Buy). AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NISOURCE INC (NI): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Southern Company (SO) Likely to Beat on Q1 Earnings - Analyst Blog Electric utility firm Southern Company ( SO ) is scheduled to report first-quarter 2014 results on Apr 30, before the opening bell. Why a Likely Positive Surprise? Our proven model shows that Southern Company has the right combination of two key factors to beat earnings. Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate of 56 cents and Zacks Consensus Estimate of 55 cents, stands at +1.82%. This is a meaningful and leading indicator of a likely positive earnings surprise for shares. Zacks Rank: Southern Company has a Zacks Rank #3 (Hold). Note that stocks with Zacks Ranks #1 (Strong Buy), 2 (Buy) and 3 have a significantly higher chance of beating earnings. The Sell-rated stocks (#4 and 5) should never be considered going into an earnings announcement. The combination of Southern Company's Zacks Rank #3 and +1.82% ESP makes us confident of a positive earnings beat. What Will Drive Better-than-Expected Earnings? Southern Company, one of the largest and best-managed electric utility holding companies in the U.S., has seen its stock rise 9% in the past six months. Additionally, Southern Company's fourth-quarter earnings grew over 9% year over year driven by higher electricity usage on the back of favorable weather conditions. Another beat could be around the corner for the premier energy firm as energy demand remains robust. Last week, Southern Company announced a dividend increase, the 13th consecutive yearly hike, bringing the quarterly dividend to 52.50 cents per share ($2.10 annualized). The company's ability to maintain these hikes and continue enhancing shareholder value could lead to more good news for investors. Moreover, Southern Company continues to earn returns that are among the highest in the industry, while at the same time maintain its position as a low-cost provider of electricity with superior customer satisfaction levels. The company's announcement of a 4- 5% 2014 EPS growth, during its fourth quarter release, gives a bullish outlook on the upcoming earnings. Other Stocks to Consider Southern Company is not the only firm looking up this earnings season. We also see a likely earnings beat coming from these 3 companies from the same industry: Edison International ( EIX ), earnings ESP of +2.44% and Zacks Rank #2. The company is slated to release first quarter earnings on Apr 29. Exelon Corporation ( EXC ), earnings ESP of +6.94% and Zacks Rank #2. The company is scheduled to release earnings on Apr 30. Calpine Corp. ( CPN ), earnings ESP of +28.57% and Zacks Rank #2. The company is expected to release earnings before the opening bell on May 1. CALPINE CORP (CPN): Free Stock Analysis Report EDISON INTL (EIX): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The market in a minute: Sell calls and puts Selling short-dated covered calls on up days and selling short-dated puts on down days is a good way to increase portfolio performance in the current rangebound environment."", ""Market leaders energy, utilities face earnings gauntlet ExxonMobil, Chevron, Dominion Resources results on tap Utilities and energy stocks are the best performers of the year when most sectors are foundering so reports from heavyweights ExxonMobil, Chevron, and Dominion Resources will determine if the rally continues.""]"
EXC,2014-04-29,19.1588,19.2155,18.9175,19.021,"[""Can PPL Corp. (PPL) Keep the Earnings Streak Alive? - Analyst Blog We expect diversified utility company PPL Corporation ( PPL ) to beat expectations when it reports first-quarter 2014 results on May 1, 2014. Why a Likely Earnings Beat? Our proven model shows that PPL Corp. is likely to beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP (Expected Surprise Prediction) and a Zacks Rank #1, 2 or 3 for this to happen. This is not the case here. Positive Zacks ESP: This is because the Most Accurate estimate stands at 71 cents while the Zacks Consensus Estimate is 68 cents, resulting in +4.41% ESP. This is a meaningful and leading indicator of a likely positive earnings surprise. Zacks #2 Rank (Buy): We note that stocks with Zacks Ranks of #1, 2 and 3 have a significantly higher chance of beating earnings. The Sell-rated stocks (#4 and 5) should never be considered while going into an earnings announcement. The combination of PPL Corp.'s Zacks Rank #2 (Buy) and +4.41% ESP make us confident of a positive earnings beat on May 1. What is Driving Better-than-Expected Earnings? PPL Corp. continues to expand its existing operations through construction of new assets. The company plans to spend a total of around $18.4 billion between 2014 and 2018 under construction projects. These initiatives will enable PPL Corp. to increase its scale of operations and deliver uninterrupted services. In Nov 2013, the Virginia State Corporation Commission gave approval to PPL Corp.'s unit Kentucky Utilities Company to increase annual base electricity rates. The company's projected regulated rate base growth is $130 billion within a period of 2014 and 2018. The approval of rate hike appeal from the commissions will supplement the company's revenues. We expect PPL Corp.'s upcoming first-quarter 2014 result to improve due to cold winter season in the U.S. Other Stocks to Consider Here are some other utility companies worth considering as our model shows they have the right combination of elements to post an earnings beat this quarter. Exelon Corp. ( EXC ) has an earnings ESP of +6.94% and carries a Zacks Rank #2 (Buy). OGE Energy Corp. ( OGE ) has an earnings ESP of +4.17% and carries a Zacks Rank #2 (Buy). Public Service Enterprise Group Inc. ( PEG ) has an earnings ESP of +7.61% and carries a Zacks Rank #2 (Buy). EXELON CORP (EXC): Free Stock Analysis Report OGE ENERGY CORP (OGE): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CMS Energy Corporation (CMS) Ex-Dividend Date Scheduled for April 30, 2014 CMS Energy Corporation ( CMS ) will begin trading ex-dividend on April 30, 2014. A cash dividend payment of $0.27 per share is scheduled to be paid on May 30, 2014. Shareholders who purchased CMS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.88% increase over the same period a year ago. At the current stock price of $30.25, the dividend yield is 3.57%. The previous trading day's last sale of CMS was $30.25, representing a -0.92% decrease from the 52 week high of $30.53 and a 17.52% increase over the 52 week low of $25.74. CMS is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). CMS's current earnings per share, an indicator of a company's profitability, is $1.87. Zacks Investment Research reports CMS's forecasted earnings growth in 2014 as 6.16%, compared to an industry average of .1%. For more information on the declaration, record and payment dates, visit the CMS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CMS through an Exchange Traded Fund [ETF]? The following ETF(s) have CMS as a top-10 holding: WisdomTree MidCap Dividend Fund ( DON ). The top-performing ETF of this group is DON with an increase of 6.23% over the last 100 days. It also has the highest percent weighting of CMS at 0.8%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for April 30, 2014 : TWX, PSX, NEE, D, SO, ADP, ACT, EXC, TRI, HES, WLP, CVE The following companies are expected to report earnings prior to market open on 04/30/2014. Visit our Earnings Calendar for a full list of expected earnings releases. Time Warner Inc. ( TWX ) is reporting for the quarter ending March 31, 2014. The media company's consensus earnings per share forecast from the 15 analysts that follow the stock is $0.88. This value represents a 7.32% increase compared to the same quarter last year. In the past year TWX has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 1.74%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for TWX is 16.56 vs. an industry ratio of 19.40. Phillips 66 ( PSX ) is reporting for the quarter ending March 31, 2014. The oil refining company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.34. This value represents a 38.81% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for PSX is 11.76 vs. an industry ratio of 21.60. NextEra Energy, Inc. ( NEE ) is reporting for the quarter ending March 31, 2014. The electric power utilities company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.09. This value represents a 2.68% decrease compared to the same quarter last year. NEE missed the consensus earnings per share in the 4th calendar quarter of 2013 by -1.04%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for NEE is 18.35 vs. an industry ratio of 21.60. Dominion Resources, Inc. ( D ) is reporting for the quarter ending March 31, 2014. The electric power utilities company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.96. This value represents a 15.66% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for D is 20.55 vs. an industry ratio of 21.60. Southern Company ( SO ) is reporting for the quarter ending March 31, 2014. The electric power utilities company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.55. This value represents a 12.24% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for SO is 16.91 vs. an industry ratio of 21.60. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending March 31, 2014. The outsourcing company's consensus earnings per share forecast from the 15 analysts that follow the stock is $1.08. This value represents a 9.09% increase compared to the same quarter last year. ADP missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -1.75%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for ADP is 23.87 vs. an industry ratio of 34.10. Actavis, Inc. ( ACT ) is reporting for the quarter ending March 31, 2014. The medical company's consensus earnings per share forecast from the 5 analysts that follow the stock is $3.29. This value represents a 65.33% increase compared to the same quarter last year. ACT missed the consensus earnings per share in the 3rd calendar quarter of 2013 by -0.48%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for ACT is 15.12 vs. an industry ratio of 6.80, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation ( EXC ) is reporting for the quarter ending March 31, 2014. The electric power utilities company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.72. This value represents a 1.41% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for EXC is 15.21 vs. an industry ratio of 21.60. Thomson Reuters Corp ( TRI ) is reporting for the quarter ending March 31, 2014. The technology services company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.39. This value represents a 2.63% increase compared to the same quarter last year. TRI missed the consensus earnings per share in the 4th calendar quarter of 2013 by -58%. The \""days to cover\"" for this stock exceeds 15 days. Zacks Investment Research reports that the 2014 Price to Earnings ratio for TRI is 18.24 vs. an industry ratio of 29.50. Hess Corporation ( HES ) is reporting for the quarter ending March 31, 2014. The oil company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.01. This value represents a 48.21% decrease compared to the same quarter last year. The last two quarters HES had negative earnings surprises; the latest report they missed by -11.93%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for HES is 18.56 vs. an industry ratio of 15.60, implying that they will have a higher earnings growth than their competitors in the same industry. WellPoint Inc. ( WLP ) is reporting for the quarter ending March 31, 2014. The hmo company's consensus earnings per share forecast from the 16 analysts that follow the stock is $2.12. This value represents a 27.89% decrease compared to the same quarter last year. In the past year WLP has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 1.16%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for WLP is 11.29 vs. an industry ratio of 12.10. Cenovus Energy Inc ( CVE ) is reporting for the quarter ending March 31, 2014. The oil company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.45. This value represents a 2.27% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for CVE is 18.35 vs. an industry ratio of 11.30, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sponsored Links Look For Any High School Yearbook, It's Free Classmates Click Here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Will Northeast Utilities (NU) Disappoint This Quarter? - Analyst Blog Northeast Utilities ( NU ) is slated to release its first quarter 2014 financial results before the market bell on May 1, 2014. The company posted a negative earnings surprise of 1.72% in the preceding quarter. Northeast Utilities currently has a Zacks Rank #3 (Hold). Let's see how things are shaping up prior to this announcement. Factors to Consider Northeast Utilities could expect healthy sales return in the first quarter of 2014 attributable to severe winter weather, which would lead to increased demand for electricity and natural gas. Moreover, a 17% increase in the customer count in the company's gas business in 2013 will also be a growth driver this season. Also, the addition of NSTAR will continue to lend additional upside to the company's revenue stream. However, another weak performance is foreseen from the company's NU Parent & Other business, which posted a 50% year-over-year revenue decline in the fourth-quarter 2013.This segment could prove to be a drag on Northeast Utilities' revenue in the first quarter. Earnings Whispers Accordingly, our proven model does not conclusively show that Northeast Utilities is likely to beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP (Expected Surprise Prediction) and a Zacks Rank #1, 2 or 3 for this to happen. This is not the case here. Negative Zacks ESP: The Most Accurate estimate stands at 74 cents while the Zacks Consensus Estimate is pegged higher at 75 cents per share, resulting in a -1.33% ESP. Zacks Rank #3 (Hold): The combination of a Zacks Rank #3 and a negative ESP makes an earnings surprise prediction difficult. Meanwhile, we caution against stocks with Zacks Ranks #4 and #5 (Sell-rated stocks) going into the earnings announcement. Other Stocks to Consider Here are some companies in the diversified utility space having the right combination of elements to post an earnings beat this quarter. Alliant Energy Corp. ( LNT ) has an earnings ESP of +1.30% and carries a Zacks Rank #2 (Buy). Exelon Corp. ( EXC ) has an earnings ESP of +6.94% and carries a Zacks Rank #2 (Buy). PPL Corp. ( PPL ) has an earnings ESP of +4.41% and carries a Zacks Rank #2 (Buy). EXELON CORP (EXC): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report NORTHEAST UTIL (NU): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""PG&E Corp. (PCG) Likely to Miss Earnings on San Bruno Woes - Analyst Blog PG&E Corporation ( PCG ) is scheduled to report first quarter 2014 results before the opening bell on May 1. Last quarter, the utility had posted an earnings surprise of +5.0%. Let's see how things are shaping up for this announcement. Factors at Play PG&E Corporation continues to make considerable progress on gas related commitments and its target for electric system safety and reliability. The company invested around $5.2 billion in 2013 under its capital spending program and plans to invest $5-$6 billion in 2014. Of the total, a major portion is apportioned for electricity distribution and transmission projects. These initiatives will enable PG&E to provide uninterrupted services to its customers. Although PG&E is committed to ensure the safety of its gas pipeline systems, the tragic incident at San Bruno on Sep 9, 2010, will continue to adversely impact its results of operations and cash flows. Recently, Federal prosecutors said they plan to amend their indictment against the company to ask for more significant fines based on the 12 felony charges the utility faces in the 2010 San Bruno pipeline blast. This California utility was charged with knowingly breaking federal safety rules. The company could face a maximum fine of over $6 million, if the court decides that the company stood to gain financially or saved money as a result of criminal misconduct. Accidents and calamities pose a major headwind for energy companies like PG&E. Going forward, the company is required to be more cautious following the San Bruno accident to provide safe, reliable, and affordable service to its customers. Since the San Bruno accident, the company has incurred and is committed to incur over the next several years an amount more than $2.2 billion for natural gas pipeline safety-related work. In addition, the reputation of PG&E Corporation has been brought into question by the San Bruno accident. Earnings Whispers? Our proven model does not conclusively show that PG&E is likely to beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP (Expected Surprise Prediction) and a Zacks Rank of #1, 2 or 3 for this to happen. That is not the case here as you will see below. Zacks ESP: The Earnings ESP for PG&E is -7.35% since the Most Accurate estimate is 63 cents per share while the Zacks Consensus Estimate is 68 cents. Zacks Rank: PG&E's Zacks Rank #3 (Hold) when combined with a negative ESP makes surprise prediction difficult. Other Stocks to Consider Here are some companies you may want to consider as our model shows that they have the right combination of elements, i.e., a positive Zacks Earnings ESP and a Zacks Rank #1, #2 or #3. NRG Yield, Inc. ( NYLD ), Earnings ESP of +23.53% and Zacks Rank #1 (Strong Buy). Calpine Corp. ( CPN ), Earnings ESP of +28.57% and Zacks Rank #2 (Buy). Exelon Corp. ( EXC ), Earnings ESP of +6.94% and Zacks Rank #2 (Buy). CALPINE CORP (CPN): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NRG YIELD INC-A (NYLD): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-04-30,17.9893,18.5921,17.9893,18.4163,"[""Earnings Reaction History: Exelon Corporation, 12.5% Follow-Through Indicator, 1.9% Sensitive Expected Earnings Release: 04/30/2014, Premarket Avg. Extended-Hours Dollar Volume: $1,251,596 Exelon Corporation ( EXC ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in EXC indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close. Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 14.3% Average next regular session additional gain: 0.3% Over the prior three fiscal years (12 quarters), when shares of EXC rose in the extended-hours session in reaction to its earnings announcement, history shows that 14.3% of the time (1 event) the stock posted additional gains in the following regular session by an average of 0.3%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 100% Average next regular session additional loss: 0% Over that same historical period, when shares of EXC dropped in the extended-hours in reaction to its earnings announcement, history shows that 100.0% of the time (1 event) the stock dropped further, adding to the extended-hours losses by an average of 0.0% by the following regular session close. Data provided by the MT Pro service at MTNewswires.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp. Lags Earnings Ests, Beats Revenue - Analyst Blog Exelon Corporation ( EXC ) announced first-quarter 2014 adjusted operating earnings of 62 cents per share, missing the Zacks Consensus Estimate by 10.1%. Quarterly earnings plunged 11.4% year over year due to extreme weather conditions in its service territories which created operational difficulties. On a GAAP basis, quarterly earnings were 10 cents per share compared with a loss of 1 cent per share a year ago. The difference between GAAP and adjusted operating earnings of 52 cents was primarily due to the combined impact of a 52 cent mark-to-market loss from economic hedging activities, a 1 cent merger and integration related cost and a 4 cent charge for the amortization of commodity contract intangibles. One-time gains included 1 cent from Decommissioning Trust (NDT) Fund Investments and 4 cents from tax adjustments. Total Revenue In first-quarter 2014, Exelon's total operating revenues of $8.1 billion beat the Zacks Consensus Estimate by 43.1%. Quarterly revenues were 17.3% higher than the comparable year-ago period. Segment Details Generation : Segment revenues in the first quarter were $5.24 billion, up 20.1% year over year. Commonwealth Edison Company (\""ComEd\""): Revenues in the first quarter were $1.13 billion, down 2.2% from the year-ago period. PECO Energy Company (\""PECO\""):First quarter revenues of $0.99 billion jumped 10.9% from the year-ago period. Baltimore Gas and Electric ( \""BGE\"" ):Segment revenues were $1.05 billion, up 19.8% from the year-ago period. Quarterly Highlights In the quarter under review, Exelon's total operating expenses increased 23.2% year over year to $7.1 billion, mainly due to an increase in purchase power and fuel expenses as well as operating and maintenance expenses. The rise in total operating expenses, primarily due to tough weather conditions, took a toll on the operating income of the company. Operating income of $0.96 billion was down 14.8% year over year. In the first quarter, the company supplied/sold total electricity of 59,572 Gigawatt hours, down 5.4% year over year. Financial Update As of Mar 31, 2014, Exelon's cash balance was $0.79 billion compared with $1.5 billion at the end of 2013. Long-term debt as of Mar 31, 2014 totaled $18.3 billion, up from $17.3 billion as of Dec 31, 2013. In the first three months of 2014, net cash flows provided by operating activities were $0.16 million versus $0.86 billion in the year-ago comparable period. Exelon's capital expenditure was $1.21 billion in first quarter 2014 compared with $1.45 billion a year ago. Hedges Exelon's hedging program involves hedging of the commodity risks for expected generation, typically on a ratable basis over a three-year period. The proportion of expected generation hedged as of Mar 31, 2014, is 91%-94% for 2014, 64%- 67% for 2015, and 37%-40% for 2016. Other Company Release American Electric Power Co., Inc. 's ( AEP ) earnings per share of $1.15 in the first quarter 2014 surpassed the Zacks Consensus Estimate of 91 cents by 26.37%. Entergy Corp ( ETR ) reported first-quarter earnings of $2.29 per share, beating the Zacks Consensus Estimate by 8.5% CMS Energy Corporation ( CMS ) posted first-quarter 2014 earnings per share of 75 cents, beating the Zacks Consensus Estimate of 64 cents by 17.2%. Our View Utility operators have mostly been recording earnings beats this season thanks to a severe U.S. winter. Exelon was however not so lucky -- lower realized energy prices, higher procurement costs for replacement power and increased storm costs ate into margins and profitability. Also, downtime at its nuclear units in the reported quarter hampered production. That said, Exelon's focus om increasing its renewable power generation capability is appreciable. Exelon Corporation (EXC) holds a Zacks Rank #2 (Buy). AMER ELEC PWR (AEP): Free Stock Analysis Report CMS ENERGY (CMS): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock futures lower after economic data GDP growth at slowest pace in 3 years; Twitter, eBay under pressure premarket U.S. stock futures move lower on Wednesday as a disappointing GDP number outweighs a positive report on private-sector jobs gains, which had briefly lifted stocks into the green."", ""U.S. stocks rise; Dow closes at record level Bond purchases are again trimmed by $10 billion; key rates left at zero The U.S. stock market ends a volatile session slightly higher with the Dow Jones Industrial Average closing at record level for the first time this year.""]"
EXC,2014-05-01,18.637,19.0327,18.5921,18.9214,"[""Company News for May 01, 2014 - Corporate Summary \u2022 Shares of WellPoint Inc (NYSE: WLP ) jumped 5.6% after declaring first quarter adjusted earnings per share of $2.30, beating Zacks Consensus Estimate of $2.12 \u2022 Time Warner Inc's (NYSE: TWX ) shares rose 2.7% after posting first quarter earnings per share of $0.91, higher than Zacks Consensus Estimate of $0.88 \u2022 Shares of Pepco Holdings, Inc. (NYSE: POM ) soared 17% after Exelon Corporation (NYSE: EXC ) announced it was acquiring Pepco Holdings for $27.25 per share in an all cash deal \u2022 Actavis plc's (NYSE: ACT ) shares increased 3.3% after reporting first quarter earnings per share of $3.49, exceeding Zacks Consensus Estimate of $3.29 ACTAVIS PLC (ACT): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report TIME WARNER INC (TWX): Free Stock Analysis Report WELLPOINT INC (WLP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp. to Acquire Pepco, Expand in Mid-Atlantic - Analyst Blog Acquisitions appear to be the safest bet for the nuclear fueled energy supplier Exelon Corporation ( EXC ) to further expand its footprint in the U.S. Exelon has decided to acquire Pepco Holdings Inc. ( POM ), one of the largest energy delivery companies in the Mid-Atlantic region, in an all-cash transaction. Exelon will invest nearly $7 billion to acquire Pepco Holdings. The company aims to close the deal in the second half of 2015, subject to the receipt of necessary approvals including that of Pepco shareholders. Big Deals in the Utility Space This is the second multi-billion dollar deal for Exelon in the span of two years. In 2012, Exelon acquired Constellation Energy for nearly $8 billion. The utility space has seen another multi-billion dollar deal in the last couple of years. Duke Energy Inc . ( DUK ) acquired Progress Energy for nearly $26 billion, to form the largest electric utility in the U.S. surpassing Exelon. Synergies The similar business models of Exelon and Pepco and existing assets in close proximity will be an added advantage for the merger. The Exelon management believes this merger will add nearly 15 cents to 20 cents to the bottom line from the first full year of joint operations. Other Benefits for Exelon The volatility in wholesale energy market prices is drawing the utility operators more toward regulated operations. The Exelon and Pepco merger will create a large utility business, serving 10 million customers and having a rate base of nearly $26 billion. This rate regulated operations will provide an impetus and further stability to earnings. What Exelon Offers? Exelon made an all cash offer of $27.25 per share for each share of Pepco Holdings Inc. This offer is at a premium of 24.7% to Pepco Holdings' closing price of $21.85 on Apr 25, 2014. In addition, upon completion of the deal, Exelon will create a fund of $100 million to provide benefits to legacy Pepco Holdings customers. Funding Exelon's management is not too worried about the funding. This transaction is supported by a fully committed $7.2 billion bridge facility from two large financial organizations. Exelon expects to fund the deal with a combination of equity issuance, long-term debt and corporate cash, subject to prevailing market conditions. Hurdles The merger is subject to approval by the shareholders of Pepco Holdings Inc. In addition, Exelon is required to seek regulatory approvals from different state commissions to close the merger. The announcement of this deal led to an upward movement in the traded price of Pepco Holdings Inc. The shares gained 17.4% yesterday to close at $26.76. If we consider the Apr 25, price, Pepco's shares reflect a gain of 22.5%. So, at yesterday's closing price the premium to the offer price of $27.25 comes to a mere 1.8%. This might not look so attractive to Pepco shareholders. To Sum Up Exelon's shareholders have definitely taken a note of this development as yesterday's trading volume is the highest year to date. Even though the company failed to surpass market expectation in its first quarter 2014 earnings release, nearly 22.5 million shares were traded on the exchange. It appears that investors hardly fail to miss out on the opportunity of having a strong utility company in their portfolio guaranteeing steady returns. Exelon currently holds a Zacks Rank #2 (Buy). Another utility sharing the same rank is American Electric Power ( AEP ). AMER ELEC PWR (AEP): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for May 1, 2014 : AMAT, SLM, GM, PFE, TXN, LNKD, GTAT, EXC, GE, FITB, ANR, CY The NASDAQ 100 After Hours Indicator is up 1.12 to 3,595.48. The total After hours volume is currently 42,736,522 shares traded. The following are the most active stocks for the after hours session : Applied Materials, Inc. ( AMAT ) is unchanged at $18.88, with 2,773,564 shares traded. AMAT's current last sale is 99.37% of the target price of $19. SLM Corporation ( SLM ) is +0.04 at $9.06, with 1,922,009 shares traded., following a 52-week high recorded in today's regular session. General Motors Company ( GM ) is unchanged at $34.90, with 1,818,939 shares traded. As reported by Zacks, the current mean recommendation for GM is in the \""buy range\"". Pfizer, Inc. ( PFE ) is -0.02 at $31.13, with 1,816,232 shares traded.PFE is scheduled to provide an earnings report on 5/5/2014, for the fiscal quarter ending Mar2014. The consensus earnings per share forecast is 0.55 per share, which represents a 54 percent increase over the EPS one Year Ago Texas Instruments Incorporated ( TXN ) is +0.02 at $45.25, with 1,551,951 shares traded. Over the last four weeks they have had 19 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2014. The consensus EPS forecast is $0.59. TXN's current last sale is 90.5% of the target price of $50. LinkedIn Corporation ( LNKD ) is -3.72 at $157.50, with 1,276,203 shares traded. RTT News Reports: LinkedIn Q1 Results Top Estimates GT Advanced Technologies, Inc. ( GTAT ) is -0.0021 at $17.22, with 1,258,158 shares traded.GTAT is scheduled to provide an earnings report on 5/7/2014, for the fiscal quarter ending Mar2014. The consensus earnings per share forecast is -0.27 per share, which represents a -14 percent increase over the EPS one Year Ago Exelon Corporation ( EXC ) is unchanged at $35.99, with 1,253,974 shares traded. EXC's current last sale is 110.74% of the target price of $32.5. General Electric Company ( GE ) is unchanged at $26.77, with 1,243,146 shares traded. GE's current last sale is 93.93% of the target price of $28.5. Fifth Third Bancorp ( FITB ) is unchanged at $20.35, with 920,572 shares traded. FITB's current last sale is 88.48% of the target price of $23. Alpha Natural Resources, inc. ( ANR ) is unchanged at $4.53, with 819,439 shares traded. RTT News Reports: Alpha Natural Resources Q1 14 Earnings Conference Call At 10:00 AM ET Cypress Semiconductor Corporation ( CY ) is -0.0011 at $9.41, with 815,443 shares traded. CY's current last sale is 89.61% of the target price of $10.5. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""PPL Corp. Beats on Q1 Earnings, Lags Revs - Analyst Blog PPL Corporation ( PPL ) reported its first quarter 2014 earnings from ongoing operations of 80 cents per share, surpassing the Zacks Consensus Estimate of 68 cents by 17.6%. Quarterly earnings climbed 12.7% year over year due to improved performance from Pennsylvania Regulated (up 30%), Kentucky Regulated (up 14.3%) and U.K. Regulated (up 10.8%) segments. The company's Supply segment reported flat result in the first quarter. On a GAAP basis, the company's earnings were 49 cents compared with 65 cents a year ago. The variance between GAAP earnings and earnings from ongoing operations was due to the combined impact of various charges. These include a charge of 20 cents associated with the adjusted energy-related economic activity, an 8 cents charge for the change in WPD line loss accrual, a charge of 2 cents associated with the impairment of Kerr Dam project and a penny charge for the foreign currency-related economic hedges. Revenue PPL Corporation posted total operating revenues of $1,223 million in first quarter 2014, missing the Zacks Consensus Estimate by 64.4%. Quarterly revenues dropped 50.2% from the year-ago level, primarily due to substantial loss in the company's unregulated wholesale energy operations. Operational Update In the quarter under review, PPL Corporation's total operating expenses plummeted 71.2% year over year to $508 million. Total operating expenses benefited due to the inclusion of realized and unrealized gains on physical and financial commodity purchase contracts resulting from the unusual cold weather. The company's quarterly operating income edged up 3.2% to $715 million from the prior-year figure of $693 million. PPL Corporation delivered 19,125 Gigawatt hours (GWh) domestic retail electricity, up 6.6% year over year. The company supplied 12,272 GWh of domestic retail electricity, up 8.8% from the year-ago figure of 11,281 GWh primarily due to a rise in sales at PPL EnergyPlus. Internationally, the company's volume of electricity delivery edged down 3.4% year over year to 21,015 GWh. In the domestic wholesale business, the company's sales rose 7% year over year to 17,856 GWh on the back of higher contribution from the PPL EnergyPlus - East business. Financial Update As of Mar 31, 2014, PPL Corporation had cash and cash equivalents of $1.26 billion versus $1.1 billion as of Dec 31, 2013. Long-term debt as of Mar 31, 2014 was $20.51 billion compared with $20.59 billion at the end of 2013. Net cash provided by operating activities in first three months of 2014 was $0.93 billion compared with $0.24 billion in the prior-year comparable period. Guidance PPL Corporation increased its guidance for 2014 earnings from ongoing operations to $2.15 - $2.30 per share, from the previous projection of $2.05 - $2.25 per share. The mid point earnings guidance increased to $2.23 per share from an earlier estimate of $2.15 per share. An upward revision in earnings guidance was primarily due to higher transmission margins under Pennsylvania Regulated segment and an increase in electricity delivery revenues under U.K. Regulated segment. Other Company Releases Exelon Corp. ( EXC ) announced first quarter 2014 adjusted operating earnings of 62 cents per share, missing the Zacks Consensus Estimate by 10.1%. Dominion Resources Inc. ( D ) reported first quarter 2014 operating earnings of $1.04 per share, 8.3% higher than the Zacks Consensus Estimate of 96 cents. NiSource Inc. ( NI ) reported first quarter 2014 operating net earnings of 82 cents per share, surpassing the Zacks Consensus Estimate by 5.3%. Our View Beneficial impact of severe winter weather across PPL Corporation's domestic regulated utilities and competitive generation business, improved utility revenues under the U.K. Regulated segment and higher transmission margins from additional capital spending under Pennsylvania Regulated segment helped the company to beat quarterly earnings. PPL Corporation's systematic investment in order to upgrade electricity transmission and distribution infrastructure and expand the renewable asset base will enable it to provide reliable services to its customers. PPL Corporation currently has a Zacks Rank #2 (Buy). DOMINION RES VA (D): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NISOURCE INC (NI): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CenterPoint Energy Beats on Earnings, Revs - Analyst Blog CenterPoint Energy, Inc. ( CNP ) reported its first quarter 2014 adjusted earnings of 43 cents per share, surpassing both the Zacks Consensus Estimate as well as the prior-year bottom line of 34 cents by 26.5%. The earnings outperformance was primarily driven by an increase in customer counts and colder-than-normal winter. Total Revenue CenterPoint Energy's total revenue for the reported quarter was $3,163 million, beating the Zacks Consensus Estimate of $2,161 million by 46.4%. Quarterly revenues improved 32.5% from the year-ago figure. Operational Results CenterPoint Energy's total expenses rose 39.5% year over year to $2,868 million, primarily due to a surge in natural gas expenses. The company's operating income decreased 11.1% year over year to $295 million in the reported quarter. In first quarter 2014, total interest expenses decreased 14.2% year over year to $114 million. Segment Results In first quarter 2014, CenterPoint Energy's Electric Transmission & Distribution segment reported an operating income of $105 million, up 25% year over year. Natural Gas Distribution 's operating income climbed 16.5% year over year to $162 million. The Energy Services segment's operating income skyrocketed 271.4% year over year to $26 million. The Other Operations segment reported an operating income of $2 million. The Interstate Pipelines and Field Services segments did not post any operating income. Financial Condition As of Mar 31, 2014, CenterPoint Energy reported cash and cash equivalents of $379 million, up from $208 million as of Dec 31, 2013. Total long-term debt was $8,056 million as of Mar 31, 2014, up from $7,817 million at the end of Dec 31, 2013. In the first three months of 2014, the company's net cash provided by operating activities was $380 million, considerably lower than $533 million in the year-ago comparable period. In the reported quarter, CenterPoint Energy's total capital expenditures increased 14.4% to $286 million from $250 million in the year ago comparable period, primarily on the back of higher investments in the Electric Transmission & Distribution and Natural Gas Distribution segments. Guidance CenterPoint Energy increased its guidance for 2014 earnings to $1.10 - $1.19 per share from the previous projection of $1.08 - $1.17 per share. The upward revisions of earnings guidance was mainly driven by a rise in estimates for utility operations earnings. Peer Reviews Exelon Corp. ( EXC ) announced first quarter 2014 adjusted operating earnings of 62 cents per share, missing the Zacks Consensus Estimate by 10.1%. Zacks Rank CenterPoint Energy currently has a Zacks Rank #3 (Hold). However, some better-ranked stocks in the same industry include CMS Energy Corp. ( CMS ) and Entergy Corp. ( ETR ). Each stock carries a Zacks Rank #1 (Strong Buy). CMS ENERGY (CMS): Free Stock Analysis Report CENTERPOINT EGY (CNP): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-05-02,18.8559,19.0777,18.5921,18.8432,Climbing the Wall: Stocks Gain But Did They Gain Enough?
EXC,2014-05-05,18.807,19.1266,18.7552,19.0543,"Discover CEO's $5.6 Million Stock Sale David Nelms sold 100,000 shares of the financial-services giant."
EXC,2014-05-06,19.2262,19.235,18.9175,18.9478,"5 utility companies that are now takeover targets Opinion: The Exelon-Pepco deal may kick off a wave of M&A These underperformers are ripe to be plucked by larger firms looking to expand their regulated businesses, writes Phil van Doorn."
EXC,2014-05-07,18.9175,19.3698,18.9175,19.3268,"XLU, EXC, AEP, SRE: ETF Inflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $81.1 million dollar inflow -- that's a 1.3% increase week over week in outstanding units (from 143,774,160 to 145,674,160). Among the largest underlying components of XLU, in trading today Exelon Corp. (Symbol: EXC) is up about 1.4%, American Electric Power Company, Inc. (Symbol: AEP) is up about 0.5%, and Sempra Energy (Symbol: SRE) is up by about 0.1%. The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $35.80 per share, with $43.52 as the 52 week high point - that compares with a last trade of $42.96. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-05-08,19.2761,19.2907,19.0044,19.1793,
EXC,2014-05-09,19.1725,19.3054,19.0279,19.0327,"[""Wisconsin Energy Corporation (WEC) Ex-Dividend Date Scheduled for May 12, 2014 Wisconsin Energy Corporation ( WEC ) will begin trading ex-dividend on May 12, 2014. A cash dividend payment of $0.39 per share is scheduled to be paid on June 01, 2014. Shareholders who purchased WEC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 14.71% increase over the same period a year ago. At the current stock price of $47.57, the dividend yield is 3.28%. The previous trading day's last sale of WEC was $47.57, representing a -3.33% decrease from the 52 week high of $49.21 and a 21.85% increase over the 52 week low of $39.04. WEC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WEC's current earnings per share, an indicator of a company's profitability, is $2.66. Zacks Investment Research reports WEC's forecasted earnings growth in 2014 as 3.75%, compared to an industry average of 2.9%. For more information on the declaration, record and payment dates, visit the WEC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to WEC through an Exchange Traded Fund [ETF]? The following ETF(s) have WEC as a top-10 holding: WisdomTree MidCap Dividend Fund ( DON ) iShares MSCI USA Size Factor ( SIZE ). The top-performing ETF of this group is DON with an increase of 8.42% over the last 100 days. It also has the highest percent weighting of WEC at 1.05%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for May 12, 2014 Consolidated Edison Inc ( ED ) will begin trading ex-dividend on May 12, 2014. A cash dividend payment of $0.63 per share is scheduled to be paid on June 15, 2014. Shareholders who purchased ED stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.44% increase over the same period a year ago. At the current stock price of $57.41, the dividend yield is 4.39%. The previous trading day's last sale of ED was $57.41, representing a -8.11% decrease from the 52 week high of $62.48 and a 9.92% increase over the 52 week low of $52.23. ED is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ED's current earnings per share, an indicator of a company's profitability, is $3.6. Zacks Investment Research reports ED's forecasted earnings growth in 2014 as -1.5%, compared to an industry average of 2.9%. For more information on the declaration, record and payment dates, visit the ED Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ED through an Exchange Traded Fund [ETF]? The following ETF(s) have ED as a top-10 holding: SPDR S&P Dividend ETF ( SDY ) iShares MSCI USA Size Factor ( SIZE ). The top-performing ETF of this group is SIZE with an increase of 8.41% over the last 100 days. SDY has the highest percent weighting of ED at 2.27%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-05-12,19.0591,19.1374,18.5823,18.6126,"[""S&P 500 Movers: EXC, BTU In early trading on Monday, shares of Peabody Energy ( BTU ) topped the list of the day's best performing components of the S&P 500 index, trading up 4.7%. Year to date, Peabody Energy has not really moved significantly. And the worst performing S&P 500 component thus far on the day is Exelon ( EXC ), trading down 1.3%. Exelon is showing a gain of 30.4% looking at the year to date performance. Two other components making moves today are Ralph Lauren ( RL ), trading down 1.1%, and Monster Beverage ( MNST ), trading up 4.0% on the day. VIDEO: S&P 500 Movers: EXC, BTU The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mid-Day Market Update: Gogo Surges On Upbeat Results; Core Laboratories Shares Slide Midway through trading Monday, the Dow traded up 0.59 percent to 16,680.95 while the NASDAQ jumped 1.45 percent to 4,130.89. The S&P also rose, gaining 0.78 percent to 1,893.06. Leading and Lagging Sectors Basic materials shares jumped about 1.72 percent in Monday's trading. Leading the sector was strength from Century Aluminum Co (NASDAQ: CENX ) and Horsehead Holding (NASDAQ: ZINC ). In trading on Monday, utilities shares dropped by 0.13 percent. Meanwhile, top losers in the sector included Exelon (NYSE: EXC ), down 1.2 percent, and Vectren (NYSE: VVC ), off 2.3 percent. Top Headline Hillshire Brands Co (NYSE: HSH ) announced its plans to buy Pinnacle Foods (NYSE: PF ) for around $6.6 billion including debt. Hillshire will offer $18.00 in cash and 0.50 shares of its common stock for each Pinnacle share. Equities Trading UP Tesaro (NASDAQ: TSRO ) shares shot up 18.28 percent to $28.40 after the company reported successful primary and secondary endpoints in final Phase 3 trial for rolapitant. Shares of Pinnacle Foods (NYSE: PF ) got a boost, shooting up 14.15 percent to $34.76 after Hillshire Brands Co (NYSE: HSH ) announced its plans to buy Pinnacle Foods for around $6.6 billion including debt. Gogo (NASDAQ: GOGO ) shares were also up, gaining 8.89 percent to $12.99 after the company reported upbeat Q1 results. Gogo posted a quarterly loss of $16.9 million, or $0.20 per share, versus a year-ago loss of $32.5 million, or $4.77 per share. Equities Trading DOWN Shares of Core Laboratories NV (NYSE: CLB ) were 18.47 percent to $154.17 after the company lowered its forecast for the second quarter and FY14. Bridgepoint Education (NYSE: BPI ) shares tumbled 11.37 percent to $14.11 after the company announced a Q1 preliminary loss of $0.10 per share on sales of $160.5 million. The company also reported that it will be unable to file 10Q by May 12th. The Hillshire Brands Company (NYSE: HSH ) was down, falling 6.47 percent to $34.56 after the company announced its plans to buy Pinnacle Foods. Commodities In commodity news, oil traded up 0.65 percent to $100.64, while gold traded up 0.84 percent to $1,298.40. Silver traded up 2.48 percent Monday to $19.60, while copper rose 2.06 percent to $3.15. Eurozone European shares were higher today. The eurozone's STOXX 600 gained 0.71 percent, the Spanish Ibex Index rose 0.76 percent, while Italy's FTSE MIB Index climbed 0.48 percent. Meanwhile, the German DAX jumped 1.26 percent and the French CAC 40 surged 0.37 percent while UK shares rose 0.55 percent. Economics The U.S. Treasury monthly budget report for April will be released at 2:00 p.m. ET. \u00a9 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Free Trading Education - Check out the free events taking place on Marketfy this week. Spaces are limited. Sign up today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mid-Afternoon Market Update: Markets Rally As INSYS Therapeutics Drops On Fraud Headline Toward the end of trading Monday, the Dow traded up 0.67 percent to 16,694.95 while the NASDAQ jumped 1.74 percent to 4,143.89. The S&P also rose, gaining 0.91 percent to 1,895.06. Leading and Lagging Sectors Basic materials shares jumped about 1.72 percent in Monday's trading. Leading the sector was strength from Century Aluminum Co (NASDAQ: CENX ) and Horsehead Holding (NASDAQ: ZINC ). In trading on Monday, utilities shares dropped by 0.13 percent. Meanwhile, top losers in the sector included Exelon (NYSE: EXC ), down 1.2 percent, and Vectren (NYSE: VVC ), off 2.3 percent. Top Headline Hillshire Brands Co (NYSE: HSH ) announced its plans to buy Pinnacle Foods (NYSE: PF ) for around $6.6 billion including debt. Hillshire will offer $18.00 in cash and 0.50 shares of its common stock for each Pinnacle share. Equities Trading UP Tesaro (NASDAQ: TSRO ) shares shot up 20.78 percent to $29.00 after the company reported successful primary and secondary endpoints in final Phase 3 trial for rolapitant. Shares of Pinnacle Foods (NYSE: PF ) got a boost, shooting up 12.28 percent to $34.18 after Hillshire Brands Co (NYSE: HSH ) announced its plans to buy Pinnacle Foods for around $6.6 billion including debt. Iridium Communications (NASDAQ: IRDM ) was also up, gaining 10.72 percent to $7.54 after the company caught an upgrade to Outperform from Neutral at Macquarie Monday morning. Equities Trading DOWN Shares of Core Laboratories NV (NYSE: CLB ) were 16.38 percent to $158.05 after the company lowered its forecast for the second quarter and FY14. INSYS Therapeutics (NASDAQ: INSY ) was also down, falling 15.14 percent to $27.73 after news broke that a doctor had fraudulently prescribed its drug Subsys. The Hillshire Brands Company (NYSE: HSH ) was down, falling 4.85 percent to $35.20 after the company announced its plans to buy Pinnacle Foods. Commodities In commodity news, oil traded up 0.63 percent to $100.62, while gold traded up 0.68 percent to $1,296.40. Silver traded up 2.03 percent Monday to $19.56, while copper rose 2.01 percent to $3.14. Eurozone European shares were higher today. The eurozone's STOXX 600 gained 0.71 percent, the Spanish Ibex Index rose 0.76 percent, while Italy's FTSE MIB Index climbed 0.48 percent. Meanwhile, the German DAX jumped 1.26 percent and the French CAC 40 surged 0.37 percent while UK shares rose 0.55 percent. Economics The U.S. Treasury monthly budget report for April will be released at 2:00 p.m. ET. \u00a9 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Free Trading Education - Check out the free events taking place on Marketfy this week. Spaces are limited. Sign up today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""TripAdvisor leads momentum-play rally to lift Nasdaq TripAdvisor rises, leading a rally in closely watched momentum stocks, while Allergan attracts attention after it rejected Valeant Pharmaceuticals International\u2019s buyout proposal.""]"
EXC,2014-05-13,18.6957,18.8002,18.597,18.7318,"[""Exelon Corporation (EXC) Ex-Dividend Date Scheduled for May 14, 2014 Exelon Corporation ( EXC ) will begin trading ex-dividend on May 14, 2014. A cash dividend payment of $0.31 per share is scheduled to be paid on June 10, 2014. Shareholders who purchased EXC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that EXC has paid the same dividend. At the current stock price of $35.4, the dividend yield is 3.5%. The previous trading day's last sale of EXC was $35.4, representing a -3.91% decrease from the 52 week high of $36.84 and a 33.84% increase over the 52 week low of $26.45. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Pacific Gas & Electric Co. ( PCG ). EXC's current earnings per share, an indicator of a company's profitability, is $2.11. Zacks Investment Research reports EXC's forecasted earnings growth in 2014 as -4.83%, compared to an industry average of 2%. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EXC through an Exchange Traded Fund [ETF]? The following ETF(s) have EXC as a top-10 holding: Select Sector SPDR Fund - Utilities ( XLU ) Market Vectors Wide Moat ETF ( MOAT ) iShares S&P Global Nuclear Index Fund ( NUCL ) iShares Dow Jones U.S. Utilities Index Fund ( IDU ) Market Vectors Uranium & Nuclear Energy ETF ( NLR ). The top-performing ETF of this group is XLU with an increase of 11.03% over the last 100 days. It also has the highest percent weighting of EXC at 5.82%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Future Of America's Power Markets? Watch Texas By Elias Hinckley : By Elias Hinckley and Clair Austin Texas both produces and consumes more energy than any state in the U.S. It controls one-quarter of U.S. proven oil reserves. Energy companies looking to grow or to establish a U.S. presence set up operations in Texas. The primary electricity transmission system in Texas is independent of the rest of the country (a long-time source of pride). The Electric Reliability Council of Texas, or ERCOT, is responsible for regulating the generation and supply of power to 85% of the state, except the extreme eastern and western portions. Five Challenges 1) Texas electric demand is huge and growing . Texas produces and consumes more electricity than any state in the U.S. Population growth is booming, and the nearly 26 million residents have a growing demand for power, as does the petrochemical and energy industries that has made up most of the state's relatively rapid job growth . 2) EPA regulations are coming at a difficult time for power systems operators. For ERCOT, greenhouse gas emissions and mercury regulations for power plants are turning aging inefficient power infrastructure that is already expensive to operate into economically unviable dinosaurs. The state government and industry groups have struggled with the EPA for some time , and the Texas state legislature voted to have the state Department of Environmental Quality take over the permitting process for new power plants. 3) Texas's power system is a deregulated market, and inconsistency brings inefficiency . There is no certainty for long-term pricing contracts for new developers under the current system, and in Texas' energy-only market, power providers are not paid for their capacity or for remaining online in case of emergency. The decision to build more generation capacity is based on potential economic consequences rather than regulatory forecasting (which provides security for investors), and drawing in investors without long-term revenue certainty is extremely challenging. 4) The fracking boom is producing energy, but also straining resources. Low fuel prices lower the apparent cost for new gas generation, but those same low prices pull down electricity prices in the current market, lowering revenue for a new generating facility, and energy companies have not been motivated to build new power plants . Fracking is energy intensive, adding to the growing demand for power and it is also a tremendous stress on water resources. 5) Drought and the energy industry's huge demand for water has run some communities dry . During each of the summers of the past few years, droughts in Texas have threatened energy capacity shortages. Investors and lenders are demanding that developers of new gas generation are able to show adequate water availability throughout the life of a new plant, which increases costs and slows development. The fundamental challenge of a closed system is that it must meet its own needs, and that has not happened. There are increasing concerns about rolling blackouts in America's \""energy capital.\"" NRG Energy ( NRG ) reported that by 2016, Texas could experience four rolling blackouts a year , and strongly recommended that the state build more power generation reserves to improve grid reliability. Old and inefficient power plants are being fired back up to meet demand peaks, which is an inefficient use of inefficient technology and is unreliable. The transmission system is outdated. Financial obstacles like the bankruptcy of Energy Future Holdings (and all the associated fallout ) - which controls the largest retail utility and the largest power generation fleet in the state - overhang any possible solution. All these challenges combined with growing electricity demand amount to a potentially serious problem. Obviously, for anyone living in or doing business in Texas, the potential for a breakdown in electric reliability is a very serious concern. Systemic disruptions in the energy sector are dangerous, and can also cause serious and lasting economic damage. Simply the threat of unreliable supply and potential power failures reduce incentives to invest in Texas industries. Much Bigger than Texas Texas's power problems are about much more than Texas. The obvious concern is that the direct economic implications could be much wider than just Texas. The state represents a huge portion of U.S. economic activity, and is a vital part of our national energy strategy. Perhaps more important than the direct economic considerations is that the fight over EPA regulations may be defined by the battles in Texas. Similarly, how the lack of long-term power price certainty is resolved (allowing adequate financing to support necessary new generation projects) will cause ripples throughout US power markets. Texas's larger utilities like NRG Energy are taking action primarily on the demand side, installing smart meters and using pricing mechanisms to \""shed\"" customers during times of peak energy demand. In fact, ERCOT's emergency response service is credited (along with some fortuitous timing of very high wind power output) with avoiding blackouts during the Polar Vortex this winter. ERCOT is planning to raise the System Wide Offer Cap , or the total amount of money energy service providers can make during peak demand times, to $9000 per megawatt hour by the summer of 2015. Increasing this cap on wholesale power prices is intended to attract greater investment, and Texas utilities will combine these price increases with other efforts to shed peak load demand. On the supply side, ERCOT is currently overhauling their power forecasting methods to better predict when they may need to bring more power generation capacity online. The Federal Energy Regulatory Commission's (FERC) recent order 764, requiring that utilities and other power generation sources report power capacity in 15-minute increments, will push ERCOT in the direction of more flexibility and enable it to predict when demand will reach emergency levels. Developing a capacity market , which is used in many other power markets, is a possibility. In many ways, capacity markets are still maturing, so a new take on capacity market design could have broader consequences. ERCOT recently hit a record for wind power generation , reaching over 10,000 MW and 30% of total power generation. In Texas, as across the country, energy storage will be an important means of guaranteeing energy supply while supporting a renewable energy infrastructure. The largest battery storage facility is located in Texas, and ERCOT is working with the Energy Storage Association on plans to redesign the energy storage infrastructure. Electric Vehicles are increasing in popularity across Texas; because of deregulation, electric utilities within ERCOT can charge EVs directly at power stations as a secondary income source. Utilities also value the power demand from charging stations as a way of offsetting the variability of wind power generation. The state may also end its independence and isolation. While ERCOT's independence may be a source of pride, it is running up against the limitations of a contained system. Significant emergency power was imported from Mexico during the Polar Vortex. Tres Amigas SuperStation, which will connect the Texas Interconnection to the Eastern and Western Interconnections, is designed to reduce transmission bottlenecks , and may help the state meet its power needs and provide a larger market for Texas's wind power generation. The independent power business has always been a tricky market, and especially so where investment has been based on merchant power. As it becomes clear that there will be at least shortfalls in spare capacity, if not outright supply shortfalls, the market for power generation in ERCOT, especially for dispatchable power generation, could be quite lucrative. Merchant power plant development has increasingly become the domain of private equity-backed enterprises (e.g., Panda Power Funds, FGE Power), and a number of large private equity firms (with mixed results - the failure of the KKR ( KKR ), TPG and Goldman Sachs ( GS ) led investment into Energy Future Holdings being one example) have bought into the Texas generation market. While access to these private deals is limited, publicly traded companies that have significant dispatchable assets in the Texas wholesale power market include Calpine ( CPN ), NRG, Exelon ( EXC ) and NextEra (NEE) (though NextEra's portfolio is heavily wind-biased). This article first appeared in Banking Energy at Energy Trends Insider . Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. See also Update: Brookfield Renewable Energy Partners To Acquire 488 MW Renewable Portfolio In Brazil on seekingalpha.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-05-14,18.7738,18.8237,18.4202,18.4573,"5 ‘secret’ stocks in the hottest sectors of 2014 A handful of companies in booming industries offer hidden values A handful of companies in booming industries offer hidden values, writes Phil van Doorn."
EXC,2014-05-15,18.469,18.5217,18.3088,18.3245,"Duke Energy's Earnings Benefit From Colder Weather, International Business Duke Energy ( DUK ), one of North America's largest utility holding companies, reported a reasonably strong set of Q1 2014 earnings on May 7. The company's results were driven by weather conditions, recent rate increases and better wholesale net margins. While quarterly revenues grew by around 12% year-over-year to around $6.62 billion, adjusted net income grew by around 16% to about $829 million. On a GAAP basis, the company posted a net loss of around $97 million due to a pre-tax impairment charge of $1.4 billion related to a writedown of its Midwest Generation business. Here is a brief look at some of the trends behind the earnings. Trefis has a $71 price estimate for Duke Energy , which is about in line with the current market price. See Our Complete Analysis For Duke Energy Colder Weather Helps Regulated Business The regulated electric business saw its load growth rise by around 7.1% year-over-year to around 63,868 GWh, due to extremely cold weather across many of the company's service territories. Notably, on a weather normalized basis, the company's load grew by around 2.6%, driven by the residential and commercial segments. Weather normalization removes the effects of weather on load growth and is likely to be a better measure of long term consumption trends. Duke's earnings were also favorably impacted by some rate increases that the company was awarded through the last year. Wholesale sales from the regulated business also did well through the quarter. The company expects wholesale net margins for this year to amount to about $1 billion, potentially growing at a rate of about 6% through 2016. Through this wholesale business, Duke provides electricity under short-term and long-term contracts to entities such as municipalities and co-operatives. International Business Does Well, Brazil Reservoir Levels Prove A Concern Duke's international business primarily operates electric generation facilities, and also sells and markets electricity and natural gas, in Latin America. The business did well this quarter, with segment income rising by around 34% year-over-year to around $130 million, on the back higher spot volumes and better pricing in Brazil. Almost all of Duke's capacity in Brazil is hydroelectric, and this has proven a concern since the country has been witnessing low rainfall of late. Reservoir levels, which are an important metric for future generation from hydropower plants, stood at around 39% at the end of April, versus about 62% a year ago. Duke has indicated that it has currently minimized downside risks by using thermal generation units to preserve reservoir levels and also by reducing the contracted percentage for its hydro generation. However, if the drought were to continue, it could impact the company's business in the Brazilian market. Writedown on Midwestern Generation Assets Impacts Commercial Power Business Earlier this year, Duke had announced that it planned to divest its Midwest electricity generation business, which accounts for a bulk of the commercial power division's assets. For this quarter, the company recorded a pre-tax impairment charge of about $1.4 billion on these assets, causing the division to post a segment loss of around $879 million. Prices in the PJM interconnection wholesale market, to which the Midwestern assets supplied electricity, have been very volatile due to low natural gas prices . This resulted in high earnings volatility, making the assets a poor fit with Duke's largely stable utilities-driven business. Although the company has yet to find a buyer for the Midwest assets, it estimates that the transaction would be accretive to overall earnings beginning in 2015 (see: Why Duke Energy Plans To Sell Its Midwest Generation Business). Following the divestiture, the commercial power division is likely to consist of the company's solar and wind generation assets. See More at Trefis | View Interactive Institutional Research (Powered by Trefis) Get Trefis Technology The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-05-16,18.3137,18.3459,18.17,18.2297,"[""Balanced View on Exelon Corporation - Analyst Blog On May 15, we have issued an updated research report on Exelon Corporation ( EXC ). The utility firm continues with its strategic investments towards internal and inorganic projects. However, we are concerned about stringent government regulations and price volatilities, which may cast shadow on the company's future performance. Exelon, a Zacks Rank #3 (Hold) stock, reported unfavorable result in first-quarter 2014. The company's bottom line lagged the Zacks Consensus Estimate. Also, the quarterly earnings decreased from the prior-year level primarily due to operational difficulties as a result of extreme weather conditions at the company's service territories. It is evident from past records that Exelon is currently pursuing a systematic acquisition strategy. On Apr 30, 2014, the company entered into an agreement with Pepco Holdings, Inc. ( POM ) to acquire the latter. The company plans to complete the transaction in the second half of 2015. The transaction will enable the company to increase its scale of operations, thereby serving more customers. Earlier, the company has completed several important acquisitions, such as ETC ProLiance Energy and Constellation Energy. In addition, Exelon is investing substantially for installation of smart meters and smart grids at its utilities operations, thereby providing reliable services to its customers. Over the next five years, the company plans to invest a total of $15 billion for infrastructure development activities. Exelon continues to have a stable liquidity profile, including cash balance of $0.79 billion as of Mar 31, 2014 and available fund of $8.4 billion under its committed credit facilities. A strong financial position enables the company to improve its existing operations besides adding new assets to its portolio. The company's effort towards maximizing shareholders' wealth through payment of regular dividend is appreciable. In first-quarter 2014, Exelon paid $0.27 billion as cash dividend. On the flip side, Exelon's generation and energy delivery businesses are highly regulated. Any changes in regulations could interrupt the company's business plans, which in turn may impact its future performance. Key Picks from the Sector Some better-ranked stocks in the utilities industry include Black Hills Corporation ( BKH ) and NRG Energy, Inc. ( NRG ), each carrying a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BLACK HILLS COR (BKH): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Energy Stocks Extend Slide to Second Day; Brookfield Renewable Energy Buys Safe Harbor Hydro-Power Dam for $613 Mln Top Energy Stocks XOM -0.18% CVX -0.36% COP -0.38% SLB +0.21% OXY -1.07% Energy stocks were moderately lower today with the NYSE Energy Sector Index sinking about 0.1% while shares of energy companies in the S&P 500 were down about 0.3% as a group. Crude oil for June delivery was up 57 cents at $102.07 per barrel while June natural gas was down 3cents to $4.44 per 1 million BTU. In company news, Brookfield Renewable Energy Partners ( BEP ) shares were slightly higher Friday afternoon after the power producer acquired full ownership of the 417-megawatt Safe Harbor hydroelectric facility on the lower Susquehanna River in Pennsylvania. BEP said it will pay around $613 million to Exelon Corp ( EXC ) for the 67% stake in the Safe Harbor facility it already didn't own. The company said it expects to fund the transaction - slated to close during Q3 - with cash on hand and capital from its institutional partners. It also is expected that a portion of the purchase price will be funded with non-recourse, fixed-rate financing. BEP shares were ahead about 0.6% at $29.54 each in mid-day trade, just 4 cents under its session high. The stock has a 52-week range of $24.69 to $30.55 a share, climbing about 3% over the past 12 months. EXC was down 0.2% at $34.50 a share this afternoon. In other sector news, (+) ESTE, (+21.3%) Acquires all of privately held Oak Valley Resource's producing assets and undeveloped acreage, plus about $138 mln in cash, for 10.9 mln ESTE shares, worth $237 mln based on Thursday's $21.74 closing share price. (-) CHK, (-4.7%) Friday follows through with plans to spin off its Chesapeake Oilfield Operating services business into a stand-alone firm to be known as Seven Seventy Energy, relieving the parent company of around $1 bln in debt. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Sector Update: Energy Energy stocks were moderately lower Friday with the NYSE Energy Sector Index slipping about 0.1% while shares of energy companies in the S&P 500 were down about 0.3% as a group. Crude oil for June delivery was up 57 cents at $102.07 per barrel while June natural gas was down 3cents to $4.44 per 1 million BTU. In company news, Brookfield Renewable Energy Partners ( BEP ) shares were slightly higher Friday afternoon after the power producer acquired full ownership of the 417-megawatt Safe Harbor hydroelectric facility on the lower Susquehanna River in Pennsylvania. BEP said it will pay around $613 million to Exelon Corp ( EXC ) for the 67% stake in the Safe Harbor facility it already didn't own. The company said it expects to fund the transaction - slated to close during Q3 - with cash on hand and capital from its institutional partners. It also is expected that a portion of the purchase price will be funded with non-recourse, fixed-rate financing. BEP shares were ahead about 0.6% at $29.54 each in mid-day trade, just 4 cents under its session high. The stock has a 52-week range of $24.69 to $30.55 a share, climbing about 3% over the past 12 months. EXC was down 0.2% at $34.50 a share this afternoon. In other sector news, (+) ESTE, (+21.3%) Acquires all of privately held Oak Valley Resource's producing assets and undeveloped acreage, plus about $138 mln in cash, for 10.9 mln ESTE shares, worth $237 mln based on Thursday's $21.74 closing share price. (-) CHK, (-4.7%) Friday follows through with plans to spin off its Chesapeake Oilfield Operating services business into a stand-alone firm to be known as Seven Seventy Energy, relieving the parent company of around $1 bln in debt. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-05-19,18.2062,18.3048,17.9796,18.0166,"Avista Corporation (AVA) Ex-Dividend Date Scheduled for May 20, 2014 Avista Corporation ( AVA ) will begin trading ex-dividend on May 20, 2014. A cash dividend payment of $0.3175 per share is scheduled to be paid on June 13, 2014. Shareholders who purchased AVA stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.1% increase over the same period a year ago. At the current stock price of $32.31, the dividend yield is 3.93%. The previous trading day's last sale of AVA was $32.31, representing a -1.91% decrease from the 52 week high of $32.94 and a 26.46% increase over the 52 week low of $25.55. AVA is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AVA's current earnings per share, an indicator of a company's profitability, is $1.96. Zacks Investment Research reports AVA's forecasted earnings growth in 2014 as 2.52%, compared to an industry average of .7%. For more information on the declaration, record and payment dates, visit the AVA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AVA through an Exchange Traded Fund [ETF]? The following ETF(s) have AVA as a top-10 holding: SPDR Russell 2000 Low Volatility ( SMLV ). The top-performing ETF of this group is SMLV with an decrease of -2.41% over the last 100 days. It also has the highest percent weighting of AVA at 2.01%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-05-20,17.9951,18.1426,17.9112,17.9746,
EXC,2014-05-21,17.9951,18.0108,17.7694,17.9796,
EXC,2014-05-22,17.9414,18.2297,17.9052,18.1378,
EXC,2014-05-23,18.0684,18.2599,18.0537,18.1144,"Risk-Reward Balanced at Pepco Holdings - Analyst Blog On May 23, we issued an updated research report on energy company Pepco Holdings Inc. ( POM ). This pure play regulated utility benefited from recoverable investments and a severe winter in its service territories that spurred demand. Pepco Holdings, a Zacks Rank #4 (Sell) stock, reported adjusted earnings of 30 cents per share in the first quarter of 2014, outpacing the Zacks Consensus Estimate by 6 cents. Earnings also improved 25% year over year. The upside stemmed from increased electric distribution revenues resulting from robust infrastructure investment that drove rates. A decline in operation and maintenance expenses also helped results. Pepco has planned investments worth $5.8 billion in its electric system over the next 5 years. Pepco depends on timely constructive regulatory decisions to earn an adequate return on its capital investments. Any failure to recover the investments might jeopardize the utility's growth plans. Like all regulated utilities, Pepco Holdings also depends on favorable rate outcomes. However, recent rate case decisions have not entirely gone in favor of the company. If the same trend continues this year Pepco will find it difficult to recover the costs and sustain systematic development work. Pepco's regulated utility business is thus subject to regulations by various federal, state and local agencies, which have varying jurisdictions and applicable rates. Compliance with new or stricter regulatory policies in its service territories might lead to higher operating costs and eat into margins. Merger talks with Exelon Corp. ( EXC ) have seen an upward revision in Pepco Holdings' share price. In fact, the current traded price of Pepco Holdings is higher than the price of $27.25 per share offered by Exelon. If the prices continue to go north, Exelon will most likely have to make a fresh bid to acquire Pepco. This upward movement in prices will benefit the legacy shareholders of Pepco and other opportunist investors who are hoping to gain from this transaction. Investors interested in the utility space may consider stocks like Black Hills Corp. ( BKH ) and Calpine Corp . ( CPN ). Both these stocks carry a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BLACK HILLS COR (BKH): Free Stock Analysis Report CALPINE CORP (CPN): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-05-27,18.3889,19.067,18.383,18.7651,"[""Hillshire surges on Pilgrim\u2019s Pride merger offer A potential merger between Pilgrim\u2019s Pride and Hillshire sends shares of Hillshire surging while Hewlett-Packard is among the weakest performers in the S&P 500."", ""S&P 500 nabs another record close, gains for 4th day in row: stock market live blog recap Follow our live blog of the U.S. stock market.""]"
EXC,2014-05-28,18.636,19.1354,18.6293,19.0884,"After Hours Most Active for May 28, 2014 : WPG$, UTIW, VALE/P, KMI, T, EXC, RRD, QQQ, BAC, ARCPP, SIRI, NTAP The NASDAQ 100 After Hours Indicator is up 1.3 to 3,713.56. The total After hours volume is currently 46,141,014 shares traded. The following are the most active stocks for the after hours session : Washington Prime Group Inc. (WPG$) is unchanged at $21.03, with 18,070,968 shares traded. UTi Worldwide Inc. ( UTIW ) is unchanged at $9.83, with 6,563,513 shares traded. As reported in the last short interest update the days to cover for UTIW is 9.237496; this calculation is based on the average trading volume of the stock. VALE S.A. (VALE/P) is unchanged at $11.91, with 4,625,409 shares traded. Kinder Morgan, Inc. ( KMI ) is unchanged at $33.59, with 4,522,345 shares traded. KMI's current last sale is 90.78% of the target price of $37. AT&T Inc. ( T ) is unchanged at $35.34, with 3,285,503 shares traded. As reported in the last short interest update the days to cover for T is 7.678765; this calculation is based on the average trading volume of the stock. Exelon Corporation ( EXC ) is -0.03 at $35.96, with 2,033,680 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2014. The consensus EPS forecast is $0.72. EXC's current last sale is 104.23% of the target price of $34.5. R.R. Donnelley & Sons Company ( RRD ) is unchanged at $15.97, with 1,562,905 shares traded. As reported by Zacks, the current mean recommendation for RRD is in the ""strong buy range"". PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.15 at $90.87, with 1,477,493 shares traded. This represents a 31.41% increase from its 52 Week Low. Bank of America Corporation ( BAC ) is unchanged at $15.14, with 1,224,259 shares traded. BAC's current last sale is 84.11% of the target price of $18. American Realty Capital Properties, Inc. ( ARCPP ) is +0.0284 at $23.78, with 446,694 shares traded. Sirius XM Holdings Inc. ( SIRI ) is +0.005 at $3.30, with 340,060 shares traded. As reported by Zacks, the current mean recommendation for SIRI is in the ""buy range"". NetApp, Inc. ( NTAP ) is -0.0074 at $36.83, with 320,446 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Oct 2014. The consensus EPS forecast is $0.51. NTAP's current last sale is 94.44% of the target price of $39. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-05-29,19.1411,19.4069,19.0357,19.1247,
EXC,2014-05-30,19.1568,19.5437,19.1247,19.535,"[""Mid-Afternoon Market Update; Big Lots EPS Beat & Increases Guidance Nearing the Friday close, the Dow traded down 0.07 percent to 16,686.96 while the NASDAQ declined 0.33 percent to 4,234.11. The S&P rose, gaining 0.03 percent to 1,922.54. Leading and Lagging Sectors Utilities surged around 0.47 percent in trading on Friday. Top gainers in the sector included Genie Energy (NYSE: GNE ), Calpine (NYSE: CPN ), and Exelon (NYSE: EXC ). Basic materials sector was the top loser in trading on Friday. Top decliners in the sector included Rio Tinto plc (NYSE: RIO ), down 4.04 percent, and United States Steel (NYSE: X ), off 4.56 percent. Top Headline Big Lots (NYSE: BIG ) reported better-than-expected fiscal first-quarter earnings and lifted its forecast for the current fiscal year. Big Lots posted a quarterly profit of $3.3 million, or $0.06 per share, versus a year-ago profit of $32.3 million, or $0.56 per share. Its earnings from continuing operations came in at $28.6 million, or $0.50 per share, compared to $37.1 million, or $0.64 per share. The company had expected earnings from continuing operations of $0.40 to $0.45 per share. Its revenue climbed 1.1% to $1.28 billion. However, analysts were expecting earnings of $0.44 per share on revenue of $1.26 billion. Equities Trading UP OmniVision Technologies (NASDAQ: OVTI ) shares shot up 13.95 percent to $22.95 after the company reported better-than-expected fourth-quarter results and issued a strong Q1 outlook. Analysts at Northland Securities upgraded OmniVision from Market Perform to Outperform and lifted the target price from $21 to $28. Shares of Big Lots (NYSE: BIG ) got a boost, shooting up 11.84 percent to $41.84 after the company reported better-than-expected fiscal first-quarter earnings and lifted its forecast for the current fiscal year. NPS Pharmaceuticals (NASDAQ: NPSP ) shares were also up, gaining 13.37 percent to $31.32. Shire could be considering a cash bid for NPS Pharma, FT Alphaville reported. Equities Trading DOWN Shares of Infoblox (NYSE: BLOX ) were 38.08 percent to $12.71 after the company reported that its CEO Robert Thomas is stepping down. The company also issued a downbeat forecast for the fiscal fourth quarter. Analysts at Deutsche Bank downgraded Infoblox from Buy to Hold and lowered the target price from $30 to $18. Annie's (NYSE: BNNY ) shares tumbled 8.70 percent to $31.85 after the company posted disappointing Q4 earnings and issued a weak outlook for the current fiscal year. Express (NYSE: EXPR ) was down, falling 8.99 percent to $12.40 after the company reported weaker-than-expected first-quarter earnings and lowered its full-year earnings guidance. Commodities In commodity news, oil traded down 0.82 percent to $102.73, while gold traded down 0.85 percent to $1,246.40. Silver traded down 1.70 percent Friday to $18.69, while copper fell 0.68 percent to $3.123. Eurozone European shares were mostly lower today. The eurozone's STOXX 600 fell 0.13 percent, the Spanish Index rose 0.60 percent, while Italy's FTSE MIB Index surged 0.55 percent. Meanwhile, the German DAX rose 0.04 percent and the French CAC 40 declined 0.24 percent while UK shares fell 0.39 percent. Economics US consumer spending declined 0.1% in April, while personal income increased 0.3%. However, economists were expecting 0.2% gain in spending and 0.3% rise in income. The Chicago PMI surged to 65.50 in May, versus a prior reading of 63.00. However, economists were expecting a reading of 61.00. The final reading of Reuter's/University of Michigan's consumer sentiment index rose to 81.90 in May, versus a final April reading of 84.1. However, economists were expecting a final reading of 82.50 in May, versus a preliminary reading of 81.8. \u00a9 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Free Trading Education - Check out the free events taking place on Marketfy this week. Spaces are limited. Sign up today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mid-Day Market Update: Express Drops On Weak Results; OmniVision Shares Jump Midway through trading Friday, the Dow traded down 0.12 percent to 16,678.68 while the NASDAQ declined 0.03 percent to 4,246.56. The S&P rose, gaining 0.06 percent to 1,921.21. Leading and Lagging Sectors Utilities surged around 0.32 percent in trading on Friday. Top gainers in the sector included Genie Energy (NYSE: GNE ), Calpine (NYSE: CPN ), and Exelon (NYSE: EXC ). Basic materials sector was the top loser in trading on Friday. Top decliners in the sector included Rio Tinto plc (NYSE: RIO ), down 3.8 percent, and United States Steel (NYSE: X ), off 4.3 percent. Top Headline Big Lots (NYSE: BIG ) reported better-than-expected fiscal first-quarter earnings and lifted its forecast for the current fiscal year. Big Lots posted a quarterly profit of $3.3 million, or $0.06 per share, versus a year-ago profit of $32.3 million, or $0.56 per share. Its earnings from continuing operations came in at $28.6 million, or $0.50 per share, compared to $37.1 million, or $0.64 per share. The company had expected earnings from continuing operations of $0.40 to $0.45 per share. Its revenue climbed 1.1% to $1.28 billion. However, analysts were expecting earnings of $0.44 per share on revenue of $1.26 billion. Equities Trading UP OmniVision Technologies (NASDAQ: OVTI ) shares shot up 13.86 percent to $22.93 after the company reported better-than-expected fourth-quarter results and issued a strong Q1 outlook. Analysts at Northland Securities upgraded OmniVision from Market Perform to Outperform and lifted the target price from $21 to $28. Shares of Big Lots (NYSE: BIG ) got a boost, shooting up 12.45 percent to $42.18 after the company reported better-than-expected fiscal first-quarter earnings and lifted its forecast for the current fiscal year. NPS Pharmaceuticals (NASDAQ: NPSP ) shares were also up, gaining 15.15 percent to $31.61. Shire could be considering a cash bid for NPS Pharma, FT Alphaville reported. Equities Trading DOWN Shares of Infoblox (NYSE: BLOX ) were 39.72 percent to $12.37 after the company reported that its CEO Robert Thomas is stepping down. The company also issued a downbeat forecast for the fiscal fourth quarter. Analysts at Deutsche Bank downgraded Infoblox from Buy to Hold and lowered the target price from $30 to $18. Annie's (NYSE: BNNY ) shares tumbled 8.70 percent to $31.85 after the company posted disappointing Q4 earnings and issued a weak outlook for the current fiscal year. Express (NYSE: EXPR ) was down, falling 10.76 percent to $12.16 after the company reported weaker-than-expected first-quarter earnings and lowered its full-year earnings guidance. Commodities In commodity news, oil traded down 0.82 percent to $102.73, while gold traded down 0.96 percent to $1,245.00. Silver traded down 1.23 percent Friday to $18.78, while copper fell 0.46 percent to $3.13. Eurozone European shares were mostly lower today. The eurozone's STOXX 600 fell 0.13 percent, the Spanish Ibex Index rose 0.48 percent, while Italy's FTSE MIB Index surged 0.55 percent. Meanwhile, the German DAX rose 0.03 percent and the French CAC 40 declined 0.24 percent while UK shares fell 0.49 percent. Economics US consumer spending declined 0.1% in April, while personal income increased 0.3%. However, economists were expecting 0.2% gain in spending and 0.3% rise in income. The Chicago PMI surged to 65.50 in May, versus a prior reading of 63.00. However, economists were expecting a reading of 61.00. The final reading of Reuter's/University of Michigan's consumer sentiment index rose to 81.90 in May, versus a final April reading of 84.1. However, economists were expecting a final reading of 82.50 in May, versus a preliminary reading of 81.8. Data on farm prices for May will be released at 3:00 p.m. ET. \u00a9 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Free Trading Education - Check out the free events taking place on Marketfy this week. Spaces are limited. Sign up today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-06-02,19.4236,19.4743,19.2644,19.4119,"10 best-performing S&P 500 stocks of 2014 Insight: There have been many surprises, as M&A heats up and yields decline There have been many surprises, as M&A heats up and yields decline, writes Phil van Doorn."
EXC,2014-06-03,19.4285,19.7568,19.3581,19.7244,"[""Top Guru Held Utilities Companies Led by Exelon Using the GuruFocus Aggregated Portfolio Screener you can filter results to see what companies maintain the highest amount of guru ownership. By using this screener, we filtered down to see energy companies which are held by the most gurus. The following five utilities companies are held by the largest number of gurus during the past quarter. David Einhorn Undervalued Stocks David Einhorn Top Growth Companies David Einhorn High Yield stocks Ken Fisher Undervalued Stocks Ken Fisher Top Growth Companies Ken Fisher High Yield stocks Brian Rogers Undervalued Stocks Brian Rogers Top Growth Companies Brian Rogers High Yield stocks Exelon ( EXC ) As of the close of the first quarter there were 15 guru owners of Exelon Corp. During the past quarter there were five gurus buying shares of EXC and there were ten gurus making sells of their stake in the company. These gurus maintain a combined weighting of 6.30%. The top three guru shareholders of Exelon: 1. Hotchkis & Wiley: 11,003,982 shares, representing 1.28% of the company's shares outstanding and 1.4% of their total portfolio. 2. Brian Rogers : 7,006,400 shares, representing 0.82% of the company's shares outstanding and 0.85% of his total portfolio. 3. Charles Brandes (Trades, Portfolio): 4,219,987 shares, representing 0.49% of the company's shares outstanding and 1.8% of the fund's assets managed. Exelon Corporation, a public utility holding company, operates through its principal subsidiaries: ComEd, PECO and Generation. The company is the nation's leading competitive energy, with 2012 revenues of about $23.5 billion. Exelon's historical revenue and net income: The analysis on Exelon reports that the company's dividend yield is at a 1-year low, they have issued $1.2 billion of debt over the past three years, its price is nearing a 10-year low and its P/B and P/S ratios are also nearing 10-year lows. The Peter Lynch Chart suggests that Exelon is currently overvalued : Exelon has a market cap of $31.94 billion. Its shares are currently trading at around $37.19 with a P/E ratio of 17.70, a P/S ratio of 1.20 and a P/B ratio of 1.20. The company's dividend yield is at 3.40%. The company also had an average earnings growth of 0.70% over the past ten years. Public Service Enterprise Group ( PEG ) As of the close of the first quarter there were 12 guru owners of Public Service Enterprise Group. During the past quarter there were five gurus buying shares of PEG and there were seven gurus making sells of their stake in the company. These gurus maintain a combined weighting of 4.07%. The top three guru shareholders of Public Service Enterprise Group: 1. Hotchkis & Wiley: 14,880,524 shares, representing 1.74% of the company's shares outstanding and 1.7% of their total portfolio. 2. Brian Rogers: 7,006,400 shares, representing 0.82% of the company's shares outstanding and 0.69% of his total portfolio. 3. Charles Brandes (Trades, Portfolio): 3,961,316 shares, representing 0.46% of the company's shares outstanding and 1.3% of the fund's assets managed. Public Service Enterprise Group is an integrated generation and energy company. Its main subsidiaries are Public Service Electric and Gas Company (PSE&G), PSEG Power and PSEG Energy Holdings. Public Service Enterprise Group's revenue and net income: The analysis on o PSEG reports that the company's revenue has been in decline for the past five years, its operating margin is expanding and its price is near a 5-year high. The Peter Lynch Chart shows that the company appears to be overvalued : Public Service Enterprise Group has a market cap of $19.82 billion. Its shares are currently trading at around $39.17 with a P/E ratio of 15.00, a P/S ratio of 1.90 and a P/E ratio of 1.50. The company had an annual average earnings growth of 2.6% over the past ten years. NextEra Energy ( NEE ) As of the close of the first quarter there were ten guru owners of NextEra Energy. During the past quarter there were two gurus buying shares of NEE and there were six gurus making sells of their stake in the company. These gurus maintain a combined weighting of 5.53%. The top three guru shareholders of NextEra Energy: 1. Pioneer Investments (Trades, Portfolio): 736,546 shares, representing 0.17% of the company's shares outstanding and 0.27% of their total portfolio. 2. Mario Gabelli: 312,332 shares, representing 0.07% of the company's shares outstanding and 0.16% of his total portfolio. 3. Louis Moor Bacon 175,000 shares, representing 0.04% of the company's shares outstanding and 0.34% of the fund's assets managed. NextEra is a clean energy company. The company's principal subsidiaries are Florida Power & Light Company, which is one of the largest rate-regulated electric utilities in the U.S., and NextEra Energy Resources which is the largest generator in North America of renewable energy from the wind and sun. NextEra's historical revenue and net income: The Peter Lynch Chart suggests that the company is currently overvalued : NextEra Energy has a market cap of $35.58 billion. Its shares are currently trading at around $83.78 with a P/E ratio of 20.60, a P/S ratio of 2.50 and a P/B ratio of 2.10. The company had an annual average earnings growth of 6.90% over the past ten years. Entergy ( ETR ) As of the close of the first quarter there were 10 guru owners of Entergy Corp. During the past quarter there were two gurus buying shares of ENR and there were six gurus making sells of his stake in the company. These gurus maintain a combined weighting of 4.54%. The top three guru shareholders of Entergy: 1. James Barrow: 10,573,175 shares, representing 5.93% of the company's shares outstanding and 1% of his total portfolio. 2. Brian Rogers: 3,954,700 shares, representing 2.22% of the company's shares outstanding and 0.95% of his total portfolio. 3. Richard Pzena (Trades, Portfolio): 3,579,922 shares, representing 2.01% of the company's shares outstanding and 1.4% of his total portfolio. Entergy Corporation is an integrated energy Company engaged primarily in electric power production and retail electric distribution operations. Entergy delivers electricity to 2.6 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. The Company operates primarily through two business segments: U.S. Utility and Non-Utility Nuclear. U.S. Entergy's historical revenue and net income: The company was recently named to the Dow Jones World and North America Sustainability Indices. The analysis on Entergy reports that the company has issued $1.8 billion of debt over the past three years, the dividend yield is near a 10-year high and the company's operating income has been at a loss for the past three years. The Peter Lynch Chart suggests that the company is currently undervalued : Entergy has a market cap of $13.67 billion. Its shares are currently trading at around $76.22 with a P/E ratio of 14.30, a P/S ratio of 1.10 and a P/B ratio of 1.20. The dividend yield of Entergy stocks is 4.40%. The company had an annual average earnings growth of 5.50% over the past ten years. Calpine ( CPN ) As of the close of the first quarter there were nine guru owners of Calpine Corp. During the past quarter there were three gurus buying shares of CPN and there were eight gurus making sells of their stake in the company. These gurus maintain a combined weighting of 8.73%. Top three guru shareholders of Calpine: 1. RS Investment Management: 21,028,938 shares, representing 4.79% of the company's shares outstanding and 2.6% of the fund's total portfolio. 2. Lee Ainslie (Trades, Portfolio): 11,225,032 shares, representing 2.56% of the company's shares outstanding and 3.3% of his total portfolio 3. Jim Simons (Trades, Portfolio): 2,662,249 shares, representing 0.61% of the company's shares outstanding and 0.13% of his total portfolio. Calpine is an independent wholesale power generation company which owns and operates natural gas-fired and geothermal power plants in North America. The Company sells wholesale power, renewable energy credits and ancillary services to its customers, including industrial companies, retail power providers, independent electric system operators, marketers and others. Calpine's historical revenue and net income: The company recently announced that they have begun commercial operations in two new Calpine power plants in California. The analysis on Calpine reports that the company's revenue has been in decline for the past five years, its operating margin is expanding and its P/S ratio is nearing a 1-year low. Calpine has a market cap of $9.98 billion. Its shares are currently trading at around $23.58 with a P/E ratio of 85.80, a P/S ratio of 1.50 and a P/B ratio of 2.40. Calpine had an annual average earnings growth of 2.60% over the past five years. You can check out other top held sectors of the market by using the Aggregated Screener here. Try a free 7-day premium membership. About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Public Service Enterprise Group Incorporated (PEG) Ex-Dividend Date Scheduled for June 04, 2014 Public Service Enterprise Group Incorporated ( PEG ) will begin trading ex-dividend on June 04, 2014. A cash dividend payment of $0.37 per share is scheduled to be paid on June 30, 2014. Shareholders who purchased PEG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.78% increase over the same period a year ago. At the current stock price of $39.11, the dividend yield is 3.78%. The previous trading day's last sale of PEG was $39.11, representing a -5.49% decrease from the 52 week high of $41.38 and a 26.06% increase over the 52 week low of $31.03. PEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PEG's current earnings per share, an indicator of a company's profitability, is $2.58. Zacks Investment Research reports PEG's forecasted earnings growth in 2014 as 6.33%, compared to an industry average of 1.3%. For more information on the declaration, record and payment dates, visit the PEG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PEG through an Exchange Traded Fund [ETF]? The following ETF(s) have PEG as a top-10 holding: Market Vectors Uranium & Nuclear Energy ETF ( NLR ) Select Sector SPDR Fund - Utilities ( XLU ) Vanguard Utilities ETF ( VPU ) First Trust Value Line Dividend Index Fund ( FVD ) ProShares Ultra Utilities ( UPW ). The top-performing ETF of this group is UPW with an increase of 29.08% over the last 100 days. NLR has the highest percent weighting of PEG at 4.04%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for Jun 3, 2014 : QQQ, NVAX, WY, ARCP, BSX, GE, OWW, XRX, MSFT, CSCO, EXC, ATVI The NASDAQ 100 After Hours Indicator is down -.45 to 3,729.62. The total After hours volume is currently 47,830,283 shares traded. The following are the most active stocks for the after hours session : PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.04 at $91.22, with 3,297,652 shares traded. This represents a 31.92% increase from its 52 Week Low. Novavax, Inc. ( NVAX ) is -0.0106 at $4.76, with 3,181,256 shares traded. As reported by Zacks, the current mean recommendation for NVAX is in the \""strong buy range\"". Weyerhaeuser Company ( WY ) is unchanged at $31.08, with 1,875,106 shares traded. WY's current last sale is 91.41% of the target price of $34. American Realty Capital Properties, Inc. ( ARCP ) is -0.04 at $12.69, with 1,578,350 shares traded. ARCP's current last sale is 81.87% of the target price of $15.5. Boston Scientific Corporation ( BSX ) is -0.0511 at $12.92, with 1,518,468 shares traded. BSX's current last sale is 90.66% of the target price of $14.25. General Electric Company ( GE ) is -0.0789 at $26.71, with 1,290,706 shares traded. GE's current last sale is 93.72% of the target price of $28.5. Orbitz Worldwide, Inc. ( OWW ) is unchanged at $7.74, with 1,207,199 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2014. The consensus EPS forecast is $0.14. OWW's current last sale is 92.97% of the target price of $8.325. Xerox Corporation ( XRX ) is unchanged at $12.46, with 1,167,834 shares traded. XRX's current last sale is 108.35% of the target price of $11.5. Microsoft Corporation ( MSFT ) is -0.01 at $40.28, with 1,098,004 shares traded. MSFT's current last sale is 94.78% of the target price of $42.5. Cisco Systems, Inc. ( CSCO ) is unchanged at $24.68, with 1,021,581 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Jul 2014. The consensus EPS forecast is $0.48. As reported by Zacks, the current mean recommendation for CSCO is in the \""buy range\"". Exelon Corporation ( EXC ) is unchanged at $37.19, with 933,912 shares traded., following a 52-week high recorded in today's regular session. Activision Blizzard, Inc ( ATVI ) is unchanged at $20.75, with 896,335 shares traded. ATVI's current last sale is 86.46% of the target price of $24. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""DTE Energy Expands Renewable Assets - Analyst Blog DTE Energy Company ( DTE ) announced that it has acquired the 75-megawatt (MW) Pheasant Run II wind park from a subsidiary of NextEra Energy Resources LLC, a unit of NextEra Energy, Inc. ( NEE ). The wind park is located in Huron County, OH. Later, the facility will be known as the Brookfield Wind Park. NextEra Energy Resources' subsidiary will continue to own and run the 75-MW Pheasant Run I wind facility. DTE Energy will purchase the output from the wind park. DTE Energy continues to diversify its power generation mix by expanding the renewable asset base. In first-quarter 2014, the company's unit DTE Electric invested $5 million under its renewable ventures. In Mar 2014, the company completed a construction project to convert a closed coal-fired power plant to a biomass fuel-fired facility. On Mar 3, 2014, DTE Energy selected 122 solar projects in the third offering for the expansion of its SolarCurrents customer-owned pilot program. Within the 2014 to 2018 time span, DTE Energy plans to invest $400 million, including $240 million in 2014, for renewable energy and energy efficiency projects. A steady focus on expansion of renewable properties will help the company to achieve the government's renewable goal. Apart from DTE Energy, other utility providers like NRG Energy, Inc. ( NRG ) and Exelon Corporation ( EXC ) are investing substantially to construct and upgrade their renewable utility infrastructure to comply with stricter regulations. Recently, the Obama administration rolled out its plan to curb carbon emissions from power plants by 30% by 2030. The rule is expected to come into effect next year. We believe that DTE Energy is well-positioned to meet the government mandates, as it is focusing more on expanding its renewable power generation capacity. DTE Energy maintains a stable liquidity position. As of Mar 31, 2014, the company had a cash balance of $98 million and available liquidity of $1,500 million under the unsecured revolving credit agreements. A strong financial position supports DTE Energy's systematic investments in renewable growth ventures. DTE Energy currently has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-06-04,19.6669,19.7792,19.5701,19.7665,
EXC,2014-06-05,19.6757,19.9209,19.6717,19.8672,"[""PEPCO Holdings, Inc. (POM) Ex-Dividend Date Scheduled for June 06, 2014 PEPCO Holdings, Inc. ( POM ) will begin trading ex-dividend on June 06, 2014. A cash dividend payment of $0.27 per share is scheduled to be paid on June 30, 2014. Shareholders who purchased POM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 26th quarter that POM has paid the same dividend. At the current stock price of $27.75, the dividend yield is 3.89%. The previous trading day's last sale of POM was $27.75, representing a -0.54% decrease from the 52 week high of $27.90 and a 53.82% increase over the 52 week low of $18.04. POM is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). POM's current earnings per share, an indicator of a company's profitability, is $1.17. Zacks Investment Research reports POM's forecasted earnings growth in 2014 as 6.93%, compared to an industry average of 1.3%. For more information on the declaration, record and payment dates, visit the POM Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to POM through an Exchange Traded Fund [ETF]? The following ETF(s) have POM as a top-10 holding: Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ) ALPS Sector Dividend Dogs ETF ( SDOG ) SPDR S&P Global Dividend ( WDIV ) WisdomTree MidCap Dividend Fund ( DON ) iShares MSCI USA Size Factor ( SIZE ). The top-performing ETF of this group is RYU with an increase of 15.23% over the last 100 days. It also has the highest percent weighting of POM at 3.63%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Scana Corporation (SCG) Ex-Dividend Date Scheduled for June 06, 2014 Scana Corporation ( SCG ) will begin trading ex-dividend on June 06, 2014. A cash dividend payment of $0.525 per share is scheduled to be paid on July 01, 2014. Shareholders who purchased SCG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.45% increase over the same period a year ago. At the current stock price of $51.62, the dividend yield is 4.07%. The previous trading day's last sale of SCG was $51.62, representing a -4.11% decrease from the 52 week high of $53.83 and a 15.36% increase over the 52 week low of $44.75. SCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). SCG's current earnings per share, an indicator of a company's profitability, is $3.64. Zacks Investment Research reports SCG's forecasted earnings growth in 2014 as 5.46%, compared to an industry average of 1.3%. For more information on the declaration, record and payment dates, visit the SCG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to SCG through an Exchange Traded Fund [ETF]? The following ETF(s) have SCG as a top-10 holding: WisdomTree MidCap Dividend Fund ( DON ) iShares MSCI USA Size Factor ( SIZE ). The top-performing ETF of this group is SIZE with an increase of 8.53% over the last 100 days. DON has the highest percent weighting of SCG at 0.82%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for Jun 5, 2014 : WY, SPLS, BSBR, SAN, MU, ALTR, AMX, EXC, QQQ, DIS, MSFT, WDC The NASDAQ 100 After Hours Indicator is down -.64 to 3,776.31. The total After hours volume is currently 26,981,674 shares traded. The following are the most active stocks for the after hours session : Weyerhaeuser Company ( WY ) is unchanged at $31.29, with 12,805,355 shares traded. WY's current last sale is 92.03% of the target price of $34. Staples, Inc. ( SPLS ) is unchanged at $11.20, with 6,186,735 shares traded. As reported in the last short interest update the days to cover for SPLS is 11.241784; this calculation is based on the average trading volume of the stock. Banco Santander Brasil SA ( BSBR ) is -0.0222 at $6.82, with 2,650,500 shares traded. BSBR's current last sale is 108.22% of the target price of $6.3. Banco Santander, S.A. ( SAN ) is +0.02 at $10.45, with 2,227,707 shares traded., following a 52-week high recorded in today's regular session. Micron Technology, Inc. ( MU ) is unchanged at $29.04, with 1,879,242 shares traded., following a 52-week high recorded in today's regular session. Altera Corporation ( ALTR ) is unchanged at $33.88, with 1,522,454 shares traded. As reported by Zacks, the current mean recommendation for ALTR is in the \""buy range\"". America Movil, S.A.B. de C.V. ( AMX ) is -0.06 at $19.95, with 1,498,151 shares traded. AMX's current last sale is 98.52% of the target price of $20.25. Exelon Corporation ( EXC ) is unchanged at $37.46, with 1,479,024 shares traded., following a 52-week high recorded in today's regular session. PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.04 at $92.33, with 1,397,473 shares traded., following a 52-week high recorded in today's regular session. Walt Disney Company (The) ( DIS ) is unchanged at $84.78, with 1,247,702 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2014. The consensus EPS forecast is $0.87. , following a 52-week high recorded in today's regular session. Microsoft Corporation ( MSFT ) is unchanged at $41.21, with 769,491 shares traded. MSFT's current last sale is 96.96% of the target price of $42.5. Western Digital Corporation ( WDC ) is unchanged at $91.95, with 753,134 shares traded. As reported by Zacks, the current mean recommendation for WDC is in the \""buy range\"". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Thursday's ETF with Unusual Volume: JXI The iShares Global Utilities ETF ( JXI ) is seeing unusually high volume in afternoon trading Thursday, with over 624,000 shares traded versus three month average volume of about 39,000. Shares of JXI were up about 0.9% on the day. Components of that ETF with the highest volume on Thursday were AES ( AES ), trading up about 2% with over 3.5 million shares changing hands so far this session, and Exelon ( EXC ), up about 0.6% on volume of over 3.1 million shares. Stone Harbor Emerging Markets ( EDF ) is lagging other components of the iShares Global Utilities ETF Thursday, trading lower by about 0.1%. VIDEO: Thursday's ETF with Unusual Volume: JXI The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-06-06,19.8936,20.0117,19.8037,19.8418,"Ameren Corporation (AEE) Ex-Dividend Date Scheduled for June 09, 2014 Ameren Corporation ( AEE ) will begin trading ex-dividend on June 09, 2014. A cash dividend payment of $0.4 per share is scheduled to be paid on June 30, 2014. Shareholders who purchased AEE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 11th quarter that AEE has paid the same dividend. At the current stock price of $39.61, the dividend yield is 4.04%. The previous trading day's last sale of AEE was $39.61, representing a -6.23% decrease from the 52 week high of $42.24 and a 22.48% increase over the 52 week low of $32.34. AEE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AEE's current earnings per share, an indicator of a company's profitability, is $2.18. Zacks Investment Research reports AEE's forecasted earnings growth in 2014 as 12.68%, compared to an industry average of 1.3%. For more information on the declaration, record and payment dates, visit the AEE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AEE through an Exchange Traded Fund [ETF]? The following ETF(s) have AEE as a top-10 holding: WisdomTree MidCap Dividend Fund ( DON ) QuantShares U.S. Market Neutral Momentum Fund ETF ( MOM ). The top-performing ETF of this group is DON with an increase of 7.49% over the last 100 days. It also has the highest percent weighting of AEE at 1.11%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-06-09,19.7626,19.8622,19.6385,19.6669,"Exelon Hits 52-Week High - Analyst Blog On Jun 6, 2014, the shares of Exelon Corporation ( EXC ) hit a 52-week high of $37.73. Finally, the share price closed at $37.41, up around 23.7% from the year-ago closing. The surge in share price was driven by several factors, including systematic investment in both inorganic and organic growth projects, a stable liquidity position and a record of regular dividend payments. We believe that these positives will likely improve the company's future performance. Exelon follows a strategy to expand its operations through inorganic route and internal ventures. On May 30, 2014, Exelon and Pepco Holdings, Inc. ( POM ) filed an application with the Federal Energy Regulatory Commission for the approval of the proposed acquisition. In Apr 2014, Exelon entered into an agreement with Pepco Holdings to acquire the latter. The transaction is expected to be completed in second- or third-quarter 2015. Post acquisition, Pepco Holdings' Atlantic City Electric, Delmarva Power and Pepco operations will add to Exelon's portfolio. The transaction will enable Exelon expand its presence in the Mid-Atlantic region and serve more customers. Previously, Exelon completed numerous important acquisitions, including Constellation Energy and ETC ProLiance Energy. Exelon is also currently installing smart meters and smart grids at its systems. As of Mar 31, 2014, the company's unit, PECO Energy Company invested around $0.46 billion for installation of smart meter and roughly $0.12 billion on smart grid infrastructure. These initiatives will enable the company to provide reliable services to customers. Exelon continues to maintain a stable liquidity position. As of Mar 31, 2014, the company's cash balance was $0.79 billion and available fund was $8.4 billion under its committed credit facilities. Such a favorable financial position will support Exelon's growth ventures. Apart from pursuing a steady expansion program backed by a stable financial position, Exelon takes initiatives like payment of regular dividends to maximize shareholder wealth. In the first quarter of 2014, the company paid $0.27 billion as cash dividend. Exelon currently has a Zacks Rank #3 (Hold). However, some better-ranked stocks in the sector include NRG Energy, Inc. ( NRG ) and Entergy Corporation ( ETR ). All the stocks carry a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-06-10,19.7187,19.8359,19.6571,19.7089,
EXC,2014-06-11,19.1411,19.5916,18.9448,18.9605,"[""Dow Industrials Slip 100 Points as Iraq, Cantor, World Bank Spook Market"", ""Micron upgraded; Exelon to launch secondary offering Micron Technology rallies to lead the S&P 500 gainers on Wednesday on the back of an analyst upgrade while Exelon is in retreat following news of a secondary stock offering.""]"
EXC,2014-06-12,18.5794,18.7435,18.4631,18.6019,"Pre-Market Most Active for Jun 12, 2014 : EXC, LULU, GERN, FB, BAC, APU, BHP, RIO, ACHN, AAPL, LYG, TVIX The NASDAQ 100 Pre-Market Indicator is down -.07 to 3,797.78. The total Pre-Market volume is currently 6,507,114 shares traded. The following are the most active stocks for the pre-market session : Exelon Corporation ( EXC ) is -0.72 at $35.03, with 5,399,647 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2014. The consensus EPS forecast is $0.53. EXC's current last sale is 94.68% of the target price of $37. lululemon athletica inc. ( LULU ) is -7.15 at $37.15, with 2,263,940 shares traded. RTT News Reports: Lululemon Athletica Q1 Profit Falls, Sees Q2 Below View; Cuts FY Outlook Geron Corporation ( GERN ) is +0.8799 at $3.48, with 1,861,609 shares traded. As reported in the last short interest update the days to cover for GERN is 9.602744; this calculation is based on the average trading volume of the stock. Facebook, Inc. ( FB ) is +0.179 at $65.96, with 313,220 shares traded. As reported by Zacks, the current mean recommendation for FB is in the ""buy range"". Bank of America Corporation ( BAC ) is +0.03 at $15.62, with 303,730 shares traded. BAC's current last sale is 86.78% of the target price of $18. AmeriGas Partners, L.P. ( APU ) is -2.46 at $45.15, with 231,380 shares traded. APU's current last sale is 96.06% of the target price of $47. BHP Billiton Limited ( BHP ) is -0.82 at $66.90, with 208,311 shares traded.BHP is scheduled to provide an earnings report on 6/13/2014, for the fiscal quarter ending Mar2014. The consensus earnings per share forecast is 999 per share, which represents a 99,900 percent increase over the EPS one Year Ago Rio Tinto Plc ( RIO ) is -1.6 at $51.48, with 180,965 shares traded. RTT News Reports: TSX Flat Approaching Record Highs -- Canadian Commentary Achillion Pharmaceuticals, Inc. ( ACHN ) is -0.021 at $7.27, with 173,923 shares traded. As reported in the last short interest update the days to cover for ACHN is 21.352903; this calculation is based on the average trading volume of the stock. Apple Inc. ( AAPL ) is +0.13 at $93.99, with 159,409 shares traded. Over the last four weeks they have had 6 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2014. The consensus EPS forecast is $1.21. As reported by Zacks, the current mean recommendation for AAPL is in the ""buy range"". Lloyds Banking Group Plc ( LYG ) is -0.01 at $5.43, with 158,900 shares traded. LYG's current last sale is 77.02% of the target price of $7.05. Credit Suisse AG ( TVIX ) is unchanged at $3.51, with 121,816 shares traded. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-06-13,18.6117,19.0073,18.4935,18.9448,
EXC,2014-06-16,19.0513,19.3581,19.0073,19.151,"[""Xcel Energy Inc. (XEL) Ex-Dividend Date Scheduled for June 17, 2014 Xcel Energy Inc. ( XEL ) will begin trading ex-dividend on June 17, 2014. A cash dividend payment of $0.3 per share is scheduled to be paid on July 20, 2014. Shareholders who purchased XEL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.14% increase over the same period a year ago. At the current stock price of $30.69, the dividend yield is 3.91%. The previous trading day's last sale of XEL was $30.69, representing a -5.19% decrease from the 52 week high of $32.37 and a 14.09% increase over the 52 week low of $26.90. XEL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). XEL's current earnings per share, an indicator of a company's profitability, is $1.95. Zacks Investment Research reports XEL's forecasted earnings growth in 2014 as 2.17%, compared to an industry average of 1.3%. For more information on the declaration, record and payment dates, visit the XEL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to XEL through an Exchange Traded Fund [ETF]? The following ETF(s) have XEL as a top-10 holding: iShares MSCI USA Size Factor ( SIZE ). The top-performing ETF of this group is SIZE with an increase of 8.06% over the last 100 days. It also has the highest percent weighting of XEL at 0.49%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Monday's ETF with Unusual Volume: IDU The iShares U.S. Utilities ETF ( IDU ) is seeing unusually high volume in afternoon trading Monday, with over 1.5 million shares traded versus three month average volume of about 78,000. Shares of IDU were up about 1.3% on the day. Components of that ETF with the highest volume on Monday were Exelon ( EXC ), trading up about 1.5% with over 5.5 million shares changing hands so far this session, and Centerpoint Energy ( CNP ), up about 2.2% on volume of over 3.1 million shares. One Gas ( OGS ) is lagging other components of the iShares U.S. Utilities ETF Monday, trading relatively unchanged. VIDEO: Monday's ETF with Unusual Volume: IDU The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon: Since When is a Utility a Momentum Stock?""]"
EXC,2014-06-17,19.2145,19.3581,19.1715,19.2457,
EXC,2014-06-18,19.2203,19.5867,19.2203,19.5437,
EXC,2014-06-19,19.5984,19.7665,19.5701,19.7137,
EXC,2014-06-20,19.7284,19.7451,19.4333,19.4969,
EXC,2014-06-23,19.5984,19.662,19.067,19.2389,
EXC,2014-06-24,19.2067,19.2702,19.1411,19.2067,"Wisconsin Energy to Buy Integrys to Expand Midwest Operations - Analyst Blog A premier diversified utility Wisconsin Energy Corporation ( WEC ) has inked a definitive agreement with Integrys Energy Group, Inc. ( TEG ) to acquire the latter. Wisconsin Energy will invest a total of $9.1 billion, consisting of cash, stock and assumed debt. Subject to customary approvals, the deal is expected to close in the summer of 2015. The combined entity will be named WEC Energy Group, Inc. What Wisconsin Energy Offers? Per the agreement, the shareholders of Integrys Energy will receive a total of $71.47 per Integrys Energy share, which includes a combination of 74% stock and 26% cash. The shareholders of Integrys Energy will receive 1.128 shares of Wisconsin Energy common stock and cash of $18.58 for every Integrys Energy share they own. Post transaction, the shareholders of Wisconsin Energy will obtain 72% ownership of WEC Energy Group while Integrys Energy will hold the remaining 28% stake. Leading Midwest Utility Play in the Making If approved, WEC Energy Group will be headquartered in Milwaukee, WI, besides having three other headquarters in Chicago, Green Bay and Milwaukee. WEC Energy Group, through its units We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Minnesota Energy Resources and Michigan Gas Utilities, will serve nearly 4.3 million electricity and natural gas customers in the Midwestern states of Wisconsin, Illinois, Michigan and Minnesota. In addition, WEC Energy Group will obtain a 60% stake in American Transmission Company, LLC. The combined entity's power generation capacity will be 8,803 megawatt (MW). It will operate around 71,000 miles of electric distribution lines and over 44,000 miles of gas transmission and distribution lines. The regulated rate base growth for the combined unit is estimated at $16.8 billion for 2015. The Benefits Both the utilities, Wisconsin Energy and Integrys Energy along with their customers and investors stand to benefit from the proposed transaction. The consolidated WEC Energy Group will bring about economies of scale with the ability to efficiently execute long-term growth plans and focus on strategic objectives, while improving shareholder value. In fact, the deal is expected to be accretive to Wisconsin Energy's earnings in the first full calendar year after closing. Currently, Wisconsin Energy has no operations in Illinois. The proposed deal will help to expand operations in the state and unlock future prospects. As both Wisconsin Energy and Integrys Energy have similar lines of operations and a complementary footprint, the combined unit will be better able to meet the increasing demand for utility services in the region. Wisconsin Energy is currently focused on improving its aging distribution infrastructure. The company plans to invest a substantial part of its $6.5-$7.1 billion capex budget on upgrading and modernizing its utility delivery infrastructure over the 2014-2023 frame. Post transaction, WEC Energy Group will follow Integrys Energy's five-year capital investment plan worth up to $3.5 billion under the infrastructure and operational initiatives. The joint infrastructure development efforts will enable WEC Energy Group to provide reliable services to its customers. The dividend policy of WEC Energy Group is expected to be accretive to all shareholders in the future. Until the deal closes Wisconsin Energy plans to maintain its existing dividend policy with an annual increase of 7%-8%. The dividend payout is expected to increase post-merger, in line with WEC Energy Group's dividend policy. Large Deals in the Utility Sector An inorganic growth strategy continues to act as the easiest way for utilities to expand their scale of operations. In Apr 2014, Exelon Corporation ( EXC ) entered into a definitive agreement to acquire Pepco Holdings, Inc. ( POM ) for around $7 billion. Exelon plans to close the transaction in the second half of 2015, subject to the necessary approvals. Zacks Rank Wisconsin Energy currently has a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WISC ENERGY CP (WEC): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report INTEGRYS ENERGY (TEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-06-25,19.1715,19.2907,19.106,19.2105,"Pacific Gas & Electric Co. (PCG) Ex-Dividend Date Scheduled for June 26, 2014 Pacific Gas & Electric Co. ( PCG ) will begin trading ex-dividend on June 26, 2014. A cash dividend payment of $0.455 per share is scheduled to be paid on July 15, 2014. Shareholders who purchased PCG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 18th quarter that PCG has paid the same dividend. At the current stock price of $47.73, the dividend yield is 3.81%. The previous trading day's last sale of PCG was $47.73, representing a -1.87% decrease from the 52 week high of $48.64 and a 21.07% increase over the 52 week low of $39.43. PCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PCG's current earnings per share, an indicator of a company's profitability, is $1.78. Zacks Investment Research reports PCG's forecasted earnings growth in 2014 as 10.7%, compared to an industry average of 1.5%. For more information on the declaration, record and payment dates, visit the PCG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PCG through an Exchange Traded Fund [ETF]? The following ETF(s) have PCG as a top-10 holding: Select Sector SPDR Fund - Utilities ( XLU ) Vanguard Utilities ETF ( VPU ) First Trust Utilities AlphaDEX Fund ( FXU ) Market Vectors Uranium & Nuclear Energy ETF ( NLR ) ProShares Ultra Utilities ( UPW ). The top-performing ETF of this group is UPW with an increase of 27.7% over the last 100 days. XLU has the highest percent weighting of PCG at 4.04%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-06-26,19.2585,19.3093,19.0817,19.151,
EXC,2014-06-27,19.0727,19.2702,19.0727,19.2457,
EXC,2014-06-30,19.3376,19.4686,19.2252,19.3483,
EXC,2014-07-01,19.1354,19.2292,18.8549,18.9341,"[""Tuesday's ETF with Unusual Volume: SPHD The PowerShares S&P 500 High Dividend Portfolio ETF ( SPHD ) is seeing unusually high volume in afternoon trading Tuesday, with over 269,000 shares traded versus three month average volume of about 43,000. Shares of SPHD were up about 0.2% on the day. Components of that ETF with the highest volume on Tuesday were General Electric ( GE ), trading up about 0.8% with over 12.6 million shares changing hands so far this session, and Pfizer ( PFE ), up about 1.4% on volume of over 12.2 million shares. CA ( CA ) is the component faring the best Tuesday, higher by about 2% on the day, while Exelon ( EXC ) is lagging other components of the PowerShares S&P 500 High Dividend Portfolio ETF, trading lower by about 2.2%. VIDEO: Tuesday's ETF with Unusual Volume: SPHD The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""10 biggest S&P 500 winners and losers for 2014 Analysis: Energy stocks lead the market, while retailers suffer the most Energy stocks lead the market, while retailers suffer the most, writes Phil van Doorn."", ""Twitter gains on new CFO; GM sales up in June Netflix rises on analyst upgrade Twitter is among Tuesday\u2019s notable gainers while GM snaps losing streak after reporting auto sales rose in June."", ""U.S. stocks: S&P 500, Dow set fresh records Tech, health-care sectors lead gains The S&P 500 and the Dow Jones Industrial Average close at record levels led by gains in the health care, tech and consumer discretionary sectors.""]"
EXC,2014-07-02,18.8549,18.8745,18.2062,18.3459,"[""Avista Wraps up Purchase of Alaska's Oldest Utility Firm - Analyst Blog Avista Corp. ( AVA ) announced the closure of its acquisition of Alaska Energy and Resources Company (\""AERC\"") for $170 million. AERC's primary business wing, Alaska Electric Light and Power Company is the oldest regulated utility in Juneau, Alaska. Avista funded the purchase by issuing roughly 4.5 million new stocks to shareholders of AERC at a price of $32.46 per share. The AERC acquisition was first declared in Apr 2013 and Avista expects the purchase to be earnings accretive in 2015. Avista's latest acquisition will diversify the company's asset base and lead to a rise in customer counts which could open new pathways for revenue accretion. The company's electricity generation mix is primarily ruled by clean energy fuel source with Hydro capturing 48% of total share. Alaska is one of the few economies that are seeing moderate growth trajectory as unemployment rates are declining thanks to an increase in oil and gas projects in the state. In addition, expansion of regulated business reduces risks and boost stability in cash flows while optimizing operational efficiency and rolling costs over a wide customer base. The addition of the AERC's assets is expected to augment Avista's Hydro generation capabilities. This acquisition would help Avista to further expand its renewable power generation capability. Moreover, the acquisition will bode well with the company's future growth objectives given the pro-environment regulations that currently aim at promoting the green energy source in electricity generation. A major utility deal that went into floors in 2014 was Exelon Corp. 's ( EXC ) decision to invest $7 billion to acquire Pepco Holdings Inc. ( POM ). Exelon aims to expand its footprint in Mid-Atlantic region through this acquisition. Currently, Avista carries a Zacks Rank #3 (Hold). Another better-ranked utility player is Black Hills Corp. ( BKH ), sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report BLACK HILLS COR (BKH): Free Stock Analysis Report AVISTA CORP (AVA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""American Airlines Group Larger Than S&P 500 Component Exelon In the latest look at stocks ordered by largest market capitalization, Russell 3000 component American Airlines Group Inc (Symbol: AAL) was identified as having a larger market cap than the smaller end of the S&P 500, for example Exelon Corp. (Symbol: EXC), according to The Online Investor . Market capitalization is an important data point for investors to keep an eye on, for various reasons. The most basic reason is that it gives a true comparison of the value attributed by the stock market to a given company's stock. Many beginning investors look at one stock trading at $10 and another trading at $20 and mistakenly think the latter company is worth twice as much - that of course is a completely meaningless comparison without knowing how many shares of each company exist. But comparing market capitalization (factoring in those share counts) creates a true \""apples-to-apples\"" comparison of the value of two stocks. In the case of American Airlines Group Inc (Symbol: AAL), the market cap is now $30.21B, versus Exelon Corp. (Symbol: EXC) at $29.70B. Below is a three month price history chart comparing the stock performance of AAL vs. EXC: Another reason market capitalization is important is where it places a company in terms of its size tier in relation to peers - much like the way a mid-size sedan is typically compared to other mid-size sedans (and not SUV's). This can have a direct impact on which indices will include the stock, and which mutual funds and ETFs are willing to own the stock. For instance, a mutual fund that is focused solely on Large Cap stocks may for example only be interested in those companies sized $10 billion or larger. Another illustrative example is the S&P MidCap index which essentially takes the S&P 500 index and \""tosses out\"" the biggest 100 companies so as to focus solely on the 400 smaller \""up-and-comers\"" (which in the right environment can outperform their larger rivals). And ETFs that directly follow an index like the S&P 500 will only own the underlying component of that index, selling companies that lose their status as an S&P 500 company, and buying companies when they are added to the index. So a company's market cap, especially in relation to other companies, carries great importance, and for this reason we at TheOnlineInvestor.com find value to putting together these looks at comparative market capitalization daily. At the closing bell, AAL is down about 4.4%, while EXC is down about 3.1% on the day Wednesday. The 20 Largest U.S. Companies By Market Capitalization \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-07-03,18.2297,18.2297,17.9258,18.0166,
EXC,2014-07-07,18.0645,18.3048,18.0479,18.2257,
EXC,2014-07-08,18.1769,18.3088,18.1426,18.2013,
EXC,2014-07-09,18.2297,18.2824,18.1144,18.17,"Exelon Unit & PsomasFMG to Jointly Develop Solar Plants - Analyst Blog Exelon Corporation 's ( EXC ) business unit, Constellation Energy Resources, LLC (""Constellation""), inked a deal with Huntington Beach, CA-based turnkey solar solutions provider PsomasFMG, to construct up to 50-megawatt (MW) solar distributed generation projects in California. Per the contract, Constellation will fund for the development activities in the project. Post completion, the company will own and control the operations of the solar power systems and sell the output to customers. Constellation intends to provide electricity to the schools and municipalities based in California through power purchase agreements by the end of 2015. The construction for the first 10-MW solar facility has already started. The project will create a win-win situation for both Constellation as well as the customers. Supplying electricity to the customers through long-term power purchase agreements will ensure stable revenue stream for the company. In addition, a steady focus on expanding renewable portfolio will enable Constellation to meet government's rules on electricity generation from renewable sources and ease greenhouse gas emission. Signing the power purchase agreements will enable the customers to install solar systems at their premises without making upfront investments. In addition, Constellation will provide electricity to its customers at fixed power costs, which is sometimes lower than projected market rates. These positives may collectively boost future solar bookings. In addition, the contract will enable the city of Palmdale to offer clean energy to its residents besides meeting greenhouse gas reduction goals of the state. Constellation continues to expand its renewable portfolio in the state of California. In Apr 2014, the company announced that it is constructing a 976-kilowatt direct current solar generation project in the city of Palmdale, CA. The project is scheduled to be completed in 2014. Recently, the Obama administration unveiled its plans to curb carbon emissions from power plants by 30% by 2030 from 2005 levels. The rule will probably come into effect next year. We believe that Exelon is well-positioned to meet stringent utility regulations. Currently, roughly 10% of the company's total electricity comes from renewable sources with the ratio rising gradually. Constellation currently owns over 180-MW of solar installations that have been completed or are under construction phase. In 2014, Exelon's Generation division plans to invest $0.26 billion under renewable energy projects. Apart from Exelon, its peers NRG Energy, Inc. ( NRG ) and Sempra Energy ( SRE ) are investing substantially to add renewable assets to comply with stringent environmental regulations. We believe that expanding renewable infrastructure along with inking long-term power supply agreements will help Exelon to generate a stable cash inflow going forward. A steady flow of income will support the company's systematic investments in new ventures. Exelon currently has a Zacks Rank #2 (Buy). A better-ranked stock from the same industry is Consolidated Edison, Inc. ( ED ), carrying a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report SEMPRA ENERGY (SRE): Free Stock Analysis Report CONSOL EDISON (ED): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-07-10,18.1144,18.2824,18.1144,18.2257,
EXC,2014-07-11,18.1378,18.2297,17.8838,17.9159,
EXC,2014-07-14,18.0059,18.0059,17.4285,17.4441,"Continental Resources Larger Than S&P 500 Component Exelon In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Continental Resources Inc. (Symbol: CLR) was identified as having a larger market cap than the smaller end of the S&P 500, for example Exelon Corp. (Symbol: EXC), according to The Online Investor . Market capitalization is an important data point for investors to keep an eye on, for various reasons. The most basic reason is that it gives a true comparison of the value attributed by the stock market to a given company's stock. Many beginning investors look at one stock trading at $10 and another trading at $20 and mistakenly think the latter company is worth twice as much - that of course is a completely meaningless comparison without knowing how many shares of each company exist. But comparing market capitalization (factoring in those share counts) creates a true ""apples-to-apples"" comparison of the value of two stocks. In the case of Continental Resources Inc. (Symbol: CLR), the market cap is now $28.25B, versus Exelon Corp. (Symbol: EXC) at $28.24B. Below is a three month price history chart comparing the stock performance of CLR vs. EXC: Another reason market capitalization is important is where it places a company in terms of its size tier in relation to peers - much like the way a mid-size sedan is typically compared to other mid-size sedans (and not SUV's). This can have a direct impact on which indices will include the stock, and which mutual funds and ETFs are willing to own the stock. For instance, a mutual fund that is focused solely on Large Cap stocks may for example only be interested in those companies sized $10 billion or larger. Another illustrative example is the S&P MidCap index which essentially takes the S&P 500 index and ""tosses out"" the biggest 100 companies so as to focus solely on the 400 smaller ""up-and-comers"" (which in the right environment can outperform their larger rivals). And ETFs that directly follow an index like the S&P 500 will only own the underlying component of that index, selling companies that lose their status as an S&P 500 company, and buying companies when they are added to the index. So a company's market cap, especially in relation to other companies, carries great importance, and for this reason we at TheOnlineInvestor.com find value to putting together these looks at comparative market capitalization daily. At the closing bell, CLR is up about 0.2%, while EXC is down about 2.6% on the day Monday. The 20 Largest U.S. Companies By Market Capitalization » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-07-15,17.4499,17.5359,17.3494,17.4225,"XLU, SO, EXC, AEP: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $19.1 million dollar outflow -- that's a 0.3% decrease week over week (from 155,724,160 to 155,274,160). Among the largest underlying components of XLU, in trading today Southern Company (Symbol: SO) is up about 0.4%, Exelon Corp. (Symbol: EXC) is up about 0.2%, and American Electric Power Company, Inc. (Symbol: AEP) is higher by about 0.7%. The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $36.55 per share, with $44.36 as the 52 week high point - that compares with a last trade of $42.54. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-07-16,17.4441,17.4754,17.3063,17.4705,"[""Option Traders Bet Against Utilities Rally: 3 Funds to Sell - Best of Funds Utilities have been the top performing sector among the S&P 500 industry groups this year. However, ringing a caution bell, a Bloomberg report suggests that option traders believe the Bull Run of the sector may be halted. The report notes that bearish puts have outnumbered the bullish by 2:1 in exchange traded funds that track bellwethers like Duke Energy Corporation (DUK) and Exelon Corporation (EXC). Bloomberg data notes there are \""2.3 puts for every outstanding call on the Utilities Select Sector SPDR Fund\"". This ratio had reached the highest level since 2007, in June. Option traders are thus guarding against potential losses. In fact, the Utilities Select Sector SPDR ETF (XLU) has experienced volatility in the last one month and lost 0.7% since Jun 16 till Jul 15. This is in sharp contrast to the sector's year-to-date robust run. The Sector Shows Highest YTD Gain Utilities are claimed to have returned the best gains to investors since 2000. Utilities Select Sector SPDR ETF (XLU) has gained 12.1% so far this year; the highest among the 10 S&P 500 industry groups. Energy Select Sector SPDR ETF (XLE) is the next best performer with YTD gains of 11.7%. However, the sector has been witnessing some volatility in the last one month. XLU has ranged between a low of $42.34 and a high of $44.26. Rate Hike Impact on Utilities The utilities sector has generally been considered to include widow-and-orphan stocks. These are stocks that pay high dividends and pose less risk. The utilities often compete against the bonds to lure investors looking for a stable income. The latest minutes from the Federal Open Market Committee's (FOMC) June 17-18 meeting suggests that the central bank is in no rush to hike interest rates. However, the Federal Reserve decided to end its asset purchases with a final reduction of $15 billion at its October meeting. Till that time, the Federal Reserve plans to trim its bond purchases by $10 billion at each meeting. Earlier, St. Louis Fed president James Bullard had commented that he believes the central bank may hike interest rates by early 2015. Nonetheless, it is true that the rate hike would eventually happen sooner or later, and we are approaching that time. On that note, a chief investment strategist told Bloomberg that higher interest rate would make the Utilities less attractive. Separately, Morningstar's equity analysts consider utilities to be overvalued at the moment. Changes in Utilities Sector The industry has seen a vast change in the face of new regulatory moves, price volatility, changing demand and the entry of new players. The big monopolies now do not necessarily run the entire show from generating power to retailing. Investopedia lists the allocation of supplier segments as Generators, Energy Network Operators, Energy Traders and Marketers and Energy Service Providers and Retailers. Challenges for Utilities Sector Despite the assured demand for services, the utilities have to constantly meet the high expectations of its wide customer base, adapt to a changing global economic scenario, and upgrade technologies to meet stringent environmental norms. In fact, new technologies to produce power at a cheaper rate and emerging alternative resources for the generation of green power are inevitable requirements for the industry's growth. 3 Utilities Funds to Sell Now Below we will share with you 3 Utilities funds that carry either a Zacks Mutual Fund Rank #4 (Sell) or Zacks Mutual Fund Rank #5 (Strong Sell) as we expect the funds to underperform its peers in the future. Remember, the goal of the Zacks Mutual Fund Rank is to guide investors to identify potential winners and losers. Unlike most of the fund-rating systems, the Zacks Mutual Fund Rank is not just focused on past performance, but the likely future success of the fund. Gabelli Utilities A (GAUAX) seeks to provide high return through current income and capital growth. The fund invests a large portion of its assets in readily marketable US and non-US utility companies that pay dividends. These companies are believed to have potential to offer current income or capital growth. A maximum of 40% of assets may be invested in foreign issuers. Gabelli Utilities A currently carries a Zacks Mutual Fund Rank #5 (Strong Sell) . The fund has an expense ratio of 1.37% as compared to category average of 1.20%. The fund also carries a maximum front end sales load of 5.75%. The fund has lost 2.3% since Jun 30. ICON Utilities A (ICTVX) seeks growth of capital in the long run. The fund parks most of its assets in securities of utilities companies. The fund may invest in utilities companies of any market capitalization. The fund is non-diversified. ICON Utilities A currently carries a Zacks Mutual Fund Rank #5 (Strong Sell) . The fund has an expense ratio of 1.74% as compared to category average of 1.20%. The fund also carries a maximum front end sales load of 5.75%. The fund has lost 3.1% since Jun 30. Wells Fargo Advantage Utility & Telecom A (EVUAX) invests majority of its assets in stocks and investment grade bonds or convertible debentures of utility and telecommunications companies. A maximum of 35% of the assets are invested in convertible debentures. Also, a maximum of 30% of assets are invested in equities of non-US issuers that may include ADRs. And not more than 20% will be invested in equities belonging to emerging markets. Wells Fargo Advantage Utility & Telecom A currently carries a Zacks Mutual Fund Rank #4 (Sell) . The fund has an expense ratio of 1.14% as compared to category average of 1.20%. The fund also carries a maximum front end sales load of 5.75%. The fund has lost 2.6% since Jun 30. View All Zacks #1 Ranked Mutual Funds Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (GAUAX): Fund Analysis Report Get Your Free (ICTVX): Fund Analysis Report Get Your Free (EVUAX): Fund Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SPDR-UTIL SELS (XLU): ETF Research Reports SPDR-EGY SELS (XLE): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Great Electric Company Growth Opportunity By Elias Hinckley : Energy use in the US can be split into two large (very, very large) pies. One is electricity for use in homes, buildings, and industry, and the other is transportation, which is powered primarily by liquid fuels (gasoline and diesel) from oil. There are some exceptions, and small overlapping fuel uses - direct industrial use of liquid fuel (a fairly significant quantity), some liquids burned to make electricity (this used to be a significant amount, but is now only a very small amount), and now a very small amount of electricity used to power electric vehicles (\""EVs\""). American consumers spend, on average more than $1 billion every day on each of these energy uses. Daily U.S. Consumer Energy Spending(click to enlarge) Electric utilities have never made a serious effort to attack the transportation market at scale. Historically, this made sense. Transportation infrastructure was built around liquid fuels, and virtually the entire fleet of U.S. cars and trucks run on liquid fuels. There was no viable electric-drive alternative and fueling infrastructure was non-existent. Within the past few years a tremendous technological transformation has occurred, and the barriers for an electric company to entertain unprecedented growth potential by devouring a large piece of the oil companies' share of the U.S. energy market for transportation now sits clearly within reach. There are now better batteries, faster charging options, and proven full electric vehicles led by Tesla ( TSLA ) and the Nissan ( NSANY ) Leaf, along with full electric or plug-in hybrids either in production or planned from virtually every auto manufacturer. This evolution has happened independently of the electric utilities, and other than a handful of forays into replacing their own fleet vehicles or sponsoring a handful of EV charging stations, they have been little more than observers to this evolution. Fighting the Wrong Battle? The opportunity is hanging ripe in front of the electric industry. Yet the industry seems more focused on something called (among many things) \""the utility death spiral.\"" The risk to utilities is real - a combination of distributed energy, energy efficiency, changing behavior and weak economic growth has resulted in virtually no growth for new electricity demand since 2008, and going forward will force higher rates for each unit of electricity sold, which in turn makes the alternative technologies more attractive and accelerates consumer adoption. While the risk is real, it only relates to a (so far very small) portion of any utility's total sales of electricity - the real threat is declining profitability, which will impair access to low-cost capital, which is the life-blood of an asset-intense business like an electric utility. An Unprecedented Opportunity While electric utilities draw up battle lines and strategies for this changing energy landscape, they have virtually ignored perhaps the greatest growth opportunity the industry has ever had. By attacking the market for the energy used in transportation, electric companies can not only offset slowly sinking demand, but can also drive huge new revenue growth throughout the industry, solving concerns over the demand threat from efficiency and on-site generation and providing more time to adapt. By proactively and aggressively accelerating the widespread adoption of EVs and plug-in hybrids, the electric industry can rapidly consume a significant portion of the revenue from the energy market for transportation. A recent report from the United Nations went so far as to suggest that with enough support, EVs could make up 100% of vehicle sales in the U.S. within 15 years. (click to enlarge) Electricity as a fuel source will actually cost consumers significantly less per mile than they currently pay for gasoline, so the increased share to electric companies won't be dollar for dollar (though some demand rebound is quite possible). There are of course challenges - range anxiety, insufficient vehicle charging infrastructure in many areas, limits on the affordability of better battery technology and a lack of consumer confidence in the new technology. The solution to each of these challenges can, however, be accelerated or overcome through faster deployment of infrastructure and consumer education. Electric utilities are perfectly positioned to manage both the infrastructure needs and to accelerate understanding and acceptance of EV technology. There are any number of ways this could be accomplished, but here are a few: Free long-term financing for at-home high speed charging stations when a consumer buys an EV - utilities have access to low cost capital and direct billing to consumers. A partnership between a utility and an EV manufacturer could allow for innovative financing options (e.g., an EV with loan payments collected as part of a Duke Energy ( DUK ) bill). This has the primary benefit of accelerating adoption through easier financing for consumers, but also increases knowledge simply by promoting the plan. For a utility like Exelon ( EXC ), with a huge excess off-peak electricity production due to its large nuclear fleet, a carefully crafted program could absorb some of this excess off-peak power while providing very low cost miles for consumers with EVs. Rebates for EV buyers on some amount of additional electricity purchases as an incentive to EV buyers would be more than recovered over the life of vehicle use. Sponsoring battery replacement programs would reduce concerns about cost uncertainties later in a vehicle's lifecycle for consumers. All of these strategies would lead to the likely permanent capture of consumers' transport energy purchases, because the emotional hurdle and the infrastructure needs would both be solved. Perhaps more important would be the clear signal that a market was growing and available. Money would flow into technology development, auto manufacturers would accelerate new EVs to market, and that scale would force down costs and drive the deployment of more infrastructure, creating a cycle that would accelerate the change in the market. About More Than Money There are three reasons why accelerating this transition would be good for America, and not just utility owners. Despite an increasing output of liquid fuels in the U.S., the country still imports hundreds of billions of dollars in oil every year and will continue to unless there is a structural change in demand. Regardless of the geographic source, oil will continue to get more expensive. It is a global commodity and for as many wells as the U.S. might ever drill it will have little impact on the global supply/demand balance. This shift toward electrification would also significantly support efforts to manage global warming. There is no viable way to reduce carbon dioxide emissions from the life-cycle of a gallon of gasoline (and these per gallon emissions will actually rise as we pursue more unconventional sources of oil that requires more energy to extract and refine), while the U.S. electric grid has already begun to reduce emissions per unit of electricity as inefficient coal plants are phased out and renewable energy use increases. A number of state and local governments have begun to develop policies to support the EV market. Electric companies could use this policy support to further facilitate their efforts to accelerate the transition to EVs. No Clear Path Despite the clear benefits to the industry and to the nation, it remains unclear how this evolution will play out. The electrification of transportation is progressing, but there are threats - the potential for cheap biofuels or fuel cells could prevent wide-scale conversion to EVs - and other than Tesla, vehicle manufacturers can remain relatively agnostic to the change. It is electric companies with the most to gain by driving this transition. Most utilities have been slow to react to rapidly changing technology (worth noting that under existing regulatory frameworks, there is little incentive to do so). There are exceptions - NRG ( NRG ) stands out - but no established electric company has been as proactive or aggressive as their owners should have demanded given the scale of the opportunity to take command of America's energy market for transportation. An earlier version of this article appeared in myBanking Energycolumn atEnergy Trends Insider. Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it. The author has no business relationship with any company whose stock is mentioned in this article. See also There Is Irrationality And Then There Is Town Sports International on seekingalpha.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-07-17,17.4128,17.5536,16.9458,16.9458,
EXC,2014-07-18,17.0669,17.1587,16.9028,17.0201,
EXC,2014-07-21,17.0796,17.1413,16.8911,17.0943,
EXC,2014-07-22,17.105,17.1314,16.8471,16.8568,"NRG Energy Buys 4-MW Caribbean Solar Project from Toshiba - Analyst Blog NRG Energy, Inc. ( NRG ) announced that it has acquired a 4-megawatt (MW ac) Spanish Town Estate Solar project, located in the island of St. Croix in the U.S. Virgin Islands (USVI), from Toshiba International Corporation (Toshiba). The latest project is NRG Energy's first public solar facility in the USVI. Construction on this project started in Apr 2014. The solar facility will not require fuel and very little water. Upon completion, NRG Energy will be the sole-owner of the solar facility while Toshiba will be in charge of engineering, procurement and construction activities. The facility will provide emission-free electricity to over 1,500 homes. Following the completion of the project, NRG Energy will sell the output to the U.S. Virgin Island Water and Power Authority under a 25-year power purchase agreement (PPA). PPAs offer considerable top-line visibility to the company. The Spanish Town Estate Solar project while offering clean energy to the residents will also help the USVI meet its renewable energy goals of reducing its fossil fuel-fired energy consumption by 60% over the next 10 years. In addition, the venture will likely provide roughly $3 million to the USVI economy and generate around 100 jobs during the construction phase. The Caribbean island of St. Croix gets an average of 12 daily hours of sunlight throughout the year. This is particularly ideal for developing solar energy. Earlier this year NRG Energy entered into an agreement with Virgin Limited Edition to install a microgrid in the Necker Island. Apart from power generation projects, NRG Energy has also supplied a solar-powered fish hatchery in the Republic of Haiti, another Caribbean country. In the U.S., the Obama administration has recently unveiled plans to curtail carbon emissions from power plants by 30% by 2030 from 2005 levels. The new regulations will probably come into effect next year. Given the changing landscape for environmental compliance NRG Energy continues to pursue several initiatives to expand its renewable portfolio. In Jun 2014, the company launched the NRG Community 1 Solar Generating Facility in California. The 6-MW facility is located at the Imperial Valley Campus of San Diego State University. NRG Energy is in fact well-positioned to meet stringent utility laws. At the end of 2013, roughly 4% of the company's total electricity was generated from renewable sources with the share gradually increasing. On Mar 24, 2014, the company announced that its solar assets have crossed the 1,200-MW mark. Apart from NRG Energy, its peers Exelon Corporation ( EXC ), Public Service Enterprise Group Inc. ( PEG ) and Sempra Energy ( SRE ) are also investing substantially in renewable assets to comply with stringent environmental regulations. NRG Energy currently has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NRG ENERGY INC (NRG): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SEMPRA ENERGY (SRE): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-07-23,16.8852,16.9536,16.8002,16.8471,
EXC,2014-07-24,16.6322,16.9409,16.5862,16.8695,"Notable ETF Outflow Detected - XLU, EXC, AEP, PCG Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $100.2 million dollar outflow -- that's a 1.5% decrease week over week (from 156,224,160 to 153,874,160). Among the largest underlying components of XLU, in trading today Exelon Corp. (Symbol: EXC) is down about 0.2%, American Electric Power Company, Inc. (Symbol: AEP) is down about 0.2%, and PG&E Corp. (Symbol: PCG) is relatively unchanged. The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $36.55 per share, with $44.36 as the 52 week high point - that compares with a last trade of $42.67. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-07-25,16.8295,16.9663,16.6429,16.68,
EXC,2014-07-28,16.6586,17.0386,16.6429,16.9458,"Alliant Energy Corporation (LNT) Ex-Dividend Date Scheduled for July 29, 2014 Alliant Energy Corporation ( LNT ) will begin trading ex-dividend on July 29, 2014. A cash dividend payment of $0.51 per share is scheduled to be paid on August 15, 2014. Shareholders who purchased LNT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that LNT has paid the same dividend. At the current stock price of $58.79, the dividend yield is 3.47%. The previous trading day's last sale of LNT was $58.79, representing a -3.45% decrease from the 52 week high of $60.89 and a 22.04% increase over the 52 week low of $48.17. LNT is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). LNT's current earnings per share, an indicator of a company's profitability, is $3.57. Zacks Investment Research reports LNT's forecasted earnings growth in 2014 as 7.66%, compared to an industry average of 1.3%. For more information on the declaration, record and payment dates, visit the LNT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to LNT through an Exchange Traded Fund [ETF]? The following ETF(s) have LNT as a top-10 holding: Schwab US Dividend Equity ETF ( SCHD ). The top-performing ETF of this group is SCHD with an increase of 5.71% over the last 100 days. It also has the highest percent weighting of LNT at 0.16%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-07-29,16.9409,16.9995,16.6693,16.6917,"CMS Energy Corporation (CMS) Ex-Dividend Date Scheduled for July 30, 2014 CMS Energy Corporation ( CMS ) will begin trading ex-dividend on July 30, 2014. A cash dividend payment of $0.27 per share is scheduled to be paid on August 29, 2014. Shareholders who purchased CMS stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CMS has paid the same dividend. At the current stock price of $30.58, the dividend yield is 3.53%. The previous trading day's last sale of CMS was $30.58, representing a -2.08% decrease from the 52 week high of $31.23 and a 18.8% increase over the 52 week low of $25.74. CMS is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). CMS's current earnings per share, an indicator of a company's profitability, is $1.88. Zacks Investment Research reports CMS's forecasted earnings growth in 2014 as 6.83%, compared to an industry average of 1.2%. For more information on the declaration, record and payment dates, visit the CMS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-07-30,16.7767,16.7914,16.3625,16.4465,"Southern Company Q2 Earnings Top on Strong Electricity Sales - Analyst Blog Electric utility firm Southern Company ( SO ) reported second quarter 2014 earnings per share (excluding certain one-time charges) of 68 cents, surpassing the Zacks Consensus Estimate of 67 cents and the year-ago adjusted profit of 66 cents. The strong results could be attributed to higher electricity usage on the back of favorable weather conditions, as well as robust industrial activity. These positives were partially offset by spiraling non-fuel operations and maintenance expenses. The Southern Company - Earnings Surprise | FindTheBest The Atlanta, GA-based power supplier's quarterly revenue - at $4,467 million - comfortably surpassed the Zacks Consensus Estimate of $4,273 million. Moreover, Southern Company's revenue came 5.2% higher than the second quarter 2013 level of $4,246 million. Overall Sales Breakup Colder-than-normal winter temperatures boosted Southern Company's electricity demand. This brought about an upward movement in overall electricity sales and usage. Total electricity sales during the first quarter improved 4.7% from the same period last year. Southern Company's total retail sales rose by 2.1%, reflecting higher demand from residential customers, which increased by 2%. Commercial sales registered a year-over-year upward movement of 1.3%. In particular, industrial sales were up by a healthy 3%, lifting Southern Company's second quarter results. With approximately a third of the company's total retail sales coming from industrial customers, direction of the economy significantly affects the fortunes of Southern Company, as compared to other utilities that are less dependent on the industrial component. Expenses Summary Southern Company's operations and maintenance cost jumped 7.6% to $1,019 million, but the company's total operating expense for the period - at $3,364 million - was approximately 6.7% lower than the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. ( EXC ) and Duke Energy Corp. ( DUK ) - currently retains a Zacks Rank #3 (Hold), implying that it is expected to perform in line with the broader U.S. equity market over the next one to three months. Meanwhile, one can look at Wisconsin Energy Corp. ( WEC ) as a good buying opportunity. This electric utility stock - sporting a Zacks Rank #1 (Strong Buy) - offers tremendous value and is worth buying now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SOUTHERN CO (SO): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-07-31,16.4045,16.7026,16.3341,16.4827,"Exelon Corp. Beats on Q2 Earnings & Revenues, Gives Guidance - Analyst Blog Exelon Corporation ( EXC ) announced second-quarter 2014 operating earnings of 51 cents per share, surpassing the Zacks Consensus Estimate by a penny. Operating earnings exceeded the guidance of 40 cents to 50 cents per share for the quarter. Quarterly earnings however decreased 3.8% year over year due to lower realized prices, lesser output from nuclear plants owing to outages and higher operations and maintenance expenses. Exelon Corporation - Earnings Surprise | FindTheBest On a GAAP basis, quarterly earnings were 60 cents per share compared with 57 cents per share a year ago. The difference between GAAP and adjusted operating earnings of 9 cents was primarily due to the combined impact of a 1 cent mark-to-market loss from economic hedging activities, 3 cents of merger and integration related cost, a 3 cent charge for the amortization of commodity contract intangibles, 3 cents for non-controlling interests and 8 cents for asset impairments. One-time gains included a 9 cent gain from Decommissioning Trust (NDT) Fund Investments and 18 cents from CENG integration. Total Revenue In second-quarter 2014, Exelon's total operating revenues of $6.2 billion beat the Zacks Consensus Estimate by 18.2%. Quarterly revenues were 5.3% higher than the comparable year-ago period. Segment Details Generation : Segment revenues in the second quarter were $3.96 billion, up 4.2% year over year. Commonwealth Edison Company (ComEd): Revenues in the second quarter were $1.13 billion, up 4.4% from the year-ago period. PECO Energy Company (PECO): Second quarter revenues of $0.66 billion declined 2.4% from the year-ago period. Baltimore Gas and Electric (BGE): Segment revenues were $0.65 billion, in line with the year-ago period. Quarterly Highlights In the quarter under review, Exelon's total operating expenses increased 9.1% year over year to $5.4 billion, mainly due to an increase in purchase power and fuel expenses as well as operating and maintenance expenses. Operating income was $0.8 billion, down 15.7% from the year ago quarter. In the second quarter, the company supplied 59,567 Gigawatt hours of electricity, down 3.5% year over year. Financial Update As of Jun 30, 2014, Exelon's cash balance was $1.36 billion compared with $1.6 billion at the end of 2013. Long-term debt as of Jun 30, 2014 totaled $18.1 billion, up from $17.6 billion as of Dec 31, 2013. In the first half of 2014, net cash flows from operating activities were $1.75 billion versus $2.34 billion in the year-ago comparable period. Exelon's capital expenditure was $2,501 million in the first half of 2014 compared with $2,518 million a year ago. Looking Ahead Exelon expects to deliver operating earnings in the range of 60 cents to 70 cents in the third quarter, while 2014 earnings are expected in the range of $2.25 to $2.55 per share. Hedges Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Jun 30, 2014, is 92%-95% for 2014, 75%- 78% for 2015, and 46%-49% for 2016. Other Company Releases American Electric Power Co., Inc .'s ( AEP ) earnings per share of 80 cents in the second quarter 2014 surpassed the Zacks Consensus Estimate of 75 cents by 6.7%. Entergy Corp ( ETR ) reported second-quarter earnings of $1.11 per share, lagging the Zacks Consensus Estimate of $1.14 by 2.6% Our View Exelon Energy managed to surpass the Zacks Consensus Estimate for earnings primarily due to increased distribution revenues at BGE and higher distribution earnings at ComEd. We believe that the successful closure of the impending Pepco Holdings, Inc. ( POM ) acquisition will expand Exelon's footprint in the Mid-Atlantic region. In addition, the regulated nature of their operations will give greater visibility of earnings going forward. Exelon Corporation holds a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMER ELEC PWR (AEP): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-08-01,16.5169,17.0152,16.4924,16.727,"Noteworthy ETF Outflows: XLU, SO, EXC, AEP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $37.1 million dollar outflow -- that's a 0.6% decrease week over week (from 153,874,160 to 152,974,160). Among the largest underlying components of XLU, in trading today Southern Company (Symbol: SO) is up about 0.7%, Exelon Corp. (Symbol: EXC) is up about 2.3%, and American Electric Power Company, Inc. (Symbol: AEP) is higher by about 1.4%. The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $36.55 per share, with $44.36 as the 52 week high point - that compares with a last trade of $41.67. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-08-04,16.7163,16.7163,16.2619,16.6322,"Pepco Tops Earnings Estimates on Higher Sales, Outlook Same - Analyst Blog Pepco Holdings, Inc. ( POM ) reported second-quarter 2014 adjusted earnings of 28 cents per share, surpassing the Zacks Consensus Estimate of 26 cents by 7.7%. Quarterly earnings jumped 33.3% from 21 cents per share a year ago, primarily on the back of an improvement in electricity distribution and network transmission revenues as a result of higher rates from raised infrastructure investments. Pepco Holdings, Inc - Earnings Surprise | FindTheBest On a GAAP basis, the company's earnings were 21 cents, flat with the prior-year figure. The variance between GAAP and adjusted earnings was due to the combined impact of an incremental merger-related transaction cost of 6 cents and a 1 cent incremental merger-related integration cost. Shares of Pepco Holdings edged up 0.6% on Aug 1 following its strong second-quarter performance. Total Revenue In second-quarter 2014, Pepco Holdings' total revenue increased 6.3% to $1,117 million from $1,051 million in the prior-year quarter. This was primarily driven by higher regulated transmission and distribution (T&D) electric revenue. Operational Highlights In the quarter under review, Pepco Holdings' total operating expenses increased 6.6% year over year to $966 million. Higher expenses for fuel and purchased energy, other services cost of sales, depreciation and amortization expenses, and other operation and maintenance expenses led to higher operating expenses. Operating income in the reported quarter was $151 million, up 4.1% from $145 million a year ago. Pepco Holdings incurred $67 million in the reported quarter as interest expenses compared with $70 million in the prior-year quarter. In the second quarter, the company reported total regulated T&D electric sales volume of 11,175 Gigawatt Hour (GWh), up marginally from the prior-year figure of 11,172 GWh. Total default electricity supply sales volume was 4,177 GWh versus 4,082 GWh a year ago. Pepco Holdings' total regulated gas sales volume increased 6% year over year to 3,126 thousand cubic feet in the reported quarter. Business Update During the second quarter, Pepco Holdings submitted approval applications associated with the planned merger with Exelon Corporation ( EXC ) to the Federal Energy Regulatory Commission and several other commissions. Subject to approvals, the transaction is expected to close in the second or third quarter of 2015. Financials As of Jun 30, 2014, Pepco Holdings had cash and cash equivalents of $184 million versus $23 million as of Dec 31, 2013. Long-term debt as of Jun 30, 2014 was $4,557 million compared with $4,053 million as of Dec 31, 2013. During the first six months of 2014, the company's net cash from (used in) operating activities was $419 million versus ($47) million in the year-ago period. In the second quarter, Pepco Holdings' construction expenditure was $271 million. Guidance Pepco Holdings reiterated its 2014 earnings guidance in the range of $1.12-$1.27 per share. Other Company Releases CMS Energy Corporation ( CMS ) reported second-quarter 2014 earnings per share of 30 cents, surpassing the Zacks Consensus Estimate of 26 cents by 15.4%. Pinnacle West Capital Corp. ( PNW ) reported second-quarter 2014 adjusted earnings per share of $1.19, outpacing the Zacks Consensus Estimate by 4.4%. Zacks Rank Pepco Holdings currently has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CMS ENERGY (CMS): Free Stock Analysis Report PINNACLE WEST (PNW): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-08-05,16.5912,16.7377,16.4632,16.512,"Stock Market News for August 05, 2014 - Market News Benchmarks ended in the green on Monday buoyed by upbeat earnings results and announcement of a rescue plan by Portugal's central bank. The S&P 500 rebounded from its biggest weekly decline in two years and the Dow halted its four-day losing streak. However, weakness in the utilities sector offset some of the gains. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) rose 0.5% to close at 16,569.28. The Standard & Poor 500 (S&P 500) rose 0.7% to close at 1,938.99. The tech-laden Nasdaq Composite Index closed at 4,383.89; rising 0.7%. The fear-gauge CBOE Volatility Index (VIX) declined 11.2% to settle at 15.12. A total of 5.6 billion shares were traded yesterday, lower than last five day's average of 6.2 billion. Advancers outpaced declining stocks on the NYSE. For 60% stocks that advanced, 37% declined. Shares of Berkshire Hathaway Inc. ( BRK.B ) gained 3.1% after reporting strong second quarter earnings growth. The company reported second quarter operating earnings of $1.75 per share, compared to $1.59 per share reported in the year-ago quarter. Earnings were in line with the Zacks Consensus Estimate. Total revenue came in at $49.8 billion, up 11.3% year over year. The increase was driven by higher contribution from Insurance, Railroad, Utilities and Energy as well as Finance and Financial Products segments. Berkshire Hathaway's Insurance Group was the best performer in terms of revenue growth. Revenues from Insurance Group increased 4.5% year over year to $10.8 billion led by higher premium earned from GEICO, General Re and Berkshire Hathaway Primary Group. According to Thomson Reuters, 381 companies out of S&P 500 have reported second quarter earnings. Among these companies, 68.8% have beaten estimates on earnings, and 64.1% have topped expectations for revenues. Annual earnings growth for the second quarter is 7.8%. However, Michael Kors Holdings Limited's ( KORS ) shares declined nearly 6% despite posting better-than-expected fiscal first quarter earnings per share of 91 cents. Earnings outpaced the Zacks Consensus Estimate of 81 cents. Nonetheless, the company reported a steep increase in inventories. Inventories rose 65% from the year-ago quarter. The company also anticipates margins to decline in the next quarter. The company forecasted its fiscal second quarter earnings to be between 85 cents and 87 cents, lower than that of the fiscal first quarter. Markets were also boosted by steps to combat Portugal's banking crisis. On Sunday, Portugal's central bank announced a rescue plan of Banco Espírito Santo (BES). BES had incurred loss of €3.58 billion in first half of 2014. This is the biggest loss in Portuguese banking history. The central bank announced it will split BES into a ""good bank"" and a ""bad bank"". The 'good bank' will receive a bailout of €4.9 billion from the bank resolution fund. Out of this, €4.4 billion will be provided by the Portuguese government as a loan and the rest as cash. The ""good bank"" will be called Novo Banco. BES' potential assets such as deposits and loans, which can be repaid, will accrue to the ""good bank"". Good bank will use BES' existing branding and framework to continue its operation. BES will be the ""bad bank"". The ""problem"" assets of the bank will remain with BES. Shareholders and the creditors will be liable for these assets and may lose all of their investments. The Espírito Santo Financial Group which is one of the owners of BES and Crédit Agricole, one of the biggest French lenders, are included in the group. Investors welcomed this plan as it may help Portugal recover from the banking crisis. Some of the day's gains were eroded by a decline in the utilities sector. Utilities Select Sector SPDR (XLU) was the only decliner among the S&P 500 sectors. It declined 0.5% on Monday. Key utilities stocks from the sector such as Ameren Corporation ( AEE ), Exelon Corporation ( EXC ), Southern Company ( SO ) and Entergy Corporation ( ETR ) decreased 0.7%, 0.6%, 0.5% and 0.8%, respectively. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BERKSHIRE HTH-B (BRK.B): Free Stock Analysis Report MICHAEL KORS (KORS): Free Stock Analysis Report AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-08-06,16.4632,16.5745,16.297,16.5374,"After Hours Most Active for Aug 6, 2014 : SIRI, AAPL, T, SO, EXC, BAC, MDT, AES, QQQ, DTV, ZU, MSFT The NASDAQ 100 After Hours Indicator is up .92 to 3,875.19. The total After hours volume is currently 26,948,949 shares traded. The following are the most active stocks for the after hours session : Sirius XM Holdings Inc. ( SIRI ) is -0.01 at $3.35, with 2,737,137 shares traded. As reported in the last short interest update the days to cover for SIRI is 7.757497; this calculation is based on the average trading volume of the stock. Apple Inc. ( AAPL ) is +0.03 at $94.99, with 2,192,736 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2014. The consensus EPS forecast is $1.28. As reported by Zacks, the current mean recommendation for AAPL is in the ""buy range"". AT&T Inc. ( T ) is +0.05 at $34.67, with 2,183,173 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2014. The consensus EPS forecast is $0.65. As reported in the last short interest update the days to cover for T is 11.293637; this calculation is based on the average trading volume of the stock. Southern Company (The) ( SO ) is +0.05 at $42.22, with 1,863,096 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2014. The consensus EPS forecast is $0.38. As reported in the last short interest update the days to cover for SO is 9.174218; this calculation is based on the average trading volume of the stock. Exelon Corporation ( EXC ) is unchanged at $31.18, with 1,701,465 shares traded. As reported in the last short interest update the days to cover for EXC is 9.574888; this calculation is based on the average trading volume of the stock. Bank of America Corporation ( BAC ) is +0.03 at $15.23, with 1,611,634 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2014. The consensus EPS forecast is $0.32. BAC's current last sale is 84.61% of the target price of $18. Medtronic, Inc. ( MDT ) is unchanged at $61.30, with 1,366,728 shares traded. As reported by Zacks, the current mean recommendation for MDT is in the ""buy range"". The AES Corporation ( AES ) is unchanged at $14.36, with 1,279,080 shares traded.AES is scheduled to provide an earnings report on 8/7/2014, for the fiscal quarter ending Jun2014. The consensus earnings per share forecast is 0.28 per share, which represents a 32 percent increase over the EPS one Year Ago PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.04 at $94.56, with 1,263,096 shares traded. This represents a 26.15% increase from its 52 Week Low. DIRECTV ( DTV ) is +0.0169 at $84.53, with 912,848 shares traded. DTV's current last sale is 92.38% of the target price of $91.5. zulily, inc. ( ZU ) is -1.67 at $37.70, with 830,207 shares traded. RTT News Reports: Zulily Q2 14 Earnings Conference Call At 5:00 PM ET Microsoft Corporation ( MSFT ) is +0.0386 at $42.78, with 792,098 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2015. The consensus EPS forecast is $0.72. MSFT's current last sale is 91.02% of the target price of $47. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-08-07,16.5804,16.8667,16.5511,16.7377,"[""Pre-Market Most Active for Aug 7, 2014 : BAC, RSPP, SMFG, THOR, FOXA, STAY, QQQ, GTAT, EXC, NRF, TVIX, AAPL The NASDAQ 100 Pre-Market Indicator is up 5.55 to 3,879.82. The total Pre-Market volume is currently 4,213,672 shares traded. The following are the most active stocks for the pre-market session : Bank of America Corporation ( BAC ) is +0.2 at $15.40, with 1,166,324 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2014. The consensus EPS forecast is $0.32. BAC's current last sale is 85.56% of the target price of $18. RSP Permian, Inc. ( RSPP ) is -0.43 at $25.46, with 679,750 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2014. The consensus EPS forecast is $0.31. RSPP is scheduled to provide an earnings report on 8/11/2014, for the fiscal quarter ending Jun2014. The consensus earnings per share forecast is 0.25 per share, which represents a 99,900 percent increase over the EPS one Year Ago Sumitomo Mitsui Financial Group Inc ( SMFG ) is -0.0641 at $7.89, with 536,889 shares traded. As reported by Zacks, the current mean recommendation for SMFG is in the \""strong buy range\"". Thoratec Corporation ( THOR ) is -8.41 at $24.16, with 477,663 shares traded. As reported in the last short interest update the days to cover for THOR is 8.557761; this calculation is based on the average trading volume of the stock. Twenty-First Century Fox, Inc. ( FOXA ) is +1.67 at $34.00, with 467,030 shares traded. As reported by Zacks, the current mean recommendation for FOXA is in the \""buy range\"". Extended Stay America, Inc. ( STAY ) is +0.36 at $22.22, with 415,237 shares traded. As reported by Zacks, the current mean recommendation for STAY is in the \""buy range\"". PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.33 at $94.85, with 295,861 shares traded. This represents a 26.53% increase from its 52 Week Low. GT Advanced Technologies, Inc. ( GTAT ) is +0.175 at $15.18, with 253,530 shares traded. GTAT's current last sale is 75.9% of the target price of $20. Exelon Corporation ( EXC ) is unchanged at $31.18, with 242,900 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2014. The consensus EPS forecast is $0.56. As reported in the last short interest update the days to cover for EXC is 9.574888; this calculation is based on the average trading volume of the stock. Northstar Realty Finance Corp. ( NRF ) is +0.47 at $17.85, with 228,702 shares traded. RTT News Reports: NorthStar To Buy Griffin-American For $4 Bln. - Update Credit Suisse AG ( TVIX ) is -0.17 at $3.79, with 189,067 shares traded. Apple Inc. ( AAPL ) is +0.38 at $94.87, with 175,560 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2014. The consensus EPS forecast is $1.28. As reported by Zacks, the current mean recommendation for AAPL is in the \""buy range\"". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""NRG Energy (NRG) Incurs Loss in Q2, Revenues Beat Estimates - Analyst Blog NRG Energy, Inc. ( NRG ) reported second-quarter 2014 adjusted loss of 30 cents per share as against the Zacks Consensus Estimate of earnings of 13 cents per share. The company posted earnings of 37 cents per share in the prior-year quarter. A significant rise in total operating costs and expenses and higher shares outstanding primarily led to the unfavorable results. Nrg Energy Inc - Earnings Surprise | FindTheBest Revenue In the second quarter, NRG Energy's total operating revenues of $3,621 million handily surpassed the Zacks Consensus Estimate of $1,256 million. Quarterly revenues jumped 23.6% year over year primarily due to a rise in retail customer count and higher sales volumes at the thermal business. Highlights of the Release In the quarter under review, NRG Energy's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) were $671 million, up 14.9% year over year on improved results from the Retail, Wholesale - West, NRG Yield and Renewables segments. These were partially offset by lower adjusted EBITDA from Wholesale - Gulf Coast, Wholesale - East and Corporate segments. Total operating expenses surged 33.7% year over year to $3,532 million, primarily due to higher cost of operations as well as depreciation and amortization expenses. The company's quarterly operating income was $89 million, down 69% from $287 million a year ago. The company incurred $274 million as interest expenses in the reported quarter compared with $206 million a year ago. NRG Energy's free cash flow (before growth investments) in the first six months of 2014 was $286 million compared with $123 million in the prior-year period. Business Update On Jun 30, 2014, NRG Energy completed the first drop-down transaction with NRG Yield, Inc. ( NYLD ) for a total cash consideration of $357 million. NRG Energy has announced that it will reorganize its retail, residential solar and home product and services businesses into NRG Home and its wind, large scale solar and renewables driven microgrid businesses into NRG Renew. Financial Condition As of Jun 30, 2014, NRG Energy had cash and cash equivalents of $1.5 billion compared with $2.3 billion as of Dec 31, 2013. As of Jun 30, 2014, long-term debt and capital leases were $18.2 billion versus $15.8 billion as of Dec 31, 2013. In the first half of 2014, NRG Energy's net cash from/ (used) by operating activities was $0.37 billion compared with ($0.08) million in the year-ago period. In the first six months of 2014, the company invested $0.5 billion as capital expenditure, lower than the prior-year spending of $1.3 billion. Guidance NRG Energy reiterated its 2014 adjusted EBITDA and free cash flow (before growth investments) guidance in the range of $3,200-$3,400 million and $1,200-$1,400 million, respectively. Other Earnings Releases Exelon Corporation ( EXC ) announced second-quarter 2014 operating earnings of 51 cents per share, surpassing the Zacks Consensus Estimate by a penny. PPL Corporation ( PPL ) reported second-quarter 2014 adjusted earnings of 53 cents per share, surpassing the Zacks Consensus Estimate of 44 cents by 20.5%. Zacks Rank NRG Energy currently has a Zacks Rank #4 (Sell). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report NRG YIELD INC-A (NYLD): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-08-08,16.7601,17.0503,16.7377,17.0338,"Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for August 11, 2014 Consolidated Edison Inc ( ED ) will begin trading ex-dividend on August 11, 2014. A cash dividend payment of $0.63 per share is scheduled to be paid on September 15, 2014. Shareholders who purchased ED stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ED has paid the same dividend. At the current stock price of $55.34, the dividend yield is 4.55%. The previous trading day's last sale of ED was $55.34, representing a -9.06% decrease from the 52 week high of $60.85 and a 5.95% increase over the 52 week low of $52.23. ED is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ED's current earnings per share, an indicator of a company's profitability, is $4.18. Zacks Investment Research reports ED's forecasted earnings growth in 2014 as -.84%, compared to an industry average of .4%. For more information on the declaration, record and payment dates, visit the ED Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ED through an Exchange Traded Fund [ETF]? The following ETF(s) have ED as a top-10 holding: SPDR S&P Dividend ETF ( SDY ) iShares MSCI USA Size Factor ( SIZE ). The top-performing ETF of this group is SIZE with an increase of 1.87% over the last 100 days. SDY has the highest percent weighting of ED at 2.21%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-08-11,17.0669,17.148,16.9761,17.0298,"Wisconsin Energy Corporation (WEC) Ex-Dividend Date Scheduled for August 12, 2014 Wisconsin Energy Corporation ( WEC ) will begin trading ex-dividend on August 12, 2014. A cash dividend payment of $0.39 per share is scheduled to be paid on September 01, 2014. Shareholders who purchased WEC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that WEC has paid the same dividend. At the current stock price of $43.41, the dividend yield is 3.59%. The previous trading day's last sale of WEC was $43.41, representing a -11.79% decrease from the 52 week high of $49.21 and a 9.84% increase over the 52 week low of $39.52. WEC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WEC's current earnings per share, an indicator of a company's profitability, is $2.72. Zacks Investment Research reports WEC's forecasted earnings growth in 2014 as 4.17%, compared to an industry average of 1.1%. For more information on the declaration, record and payment dates, visit the WEC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to WEC through an Exchange Traded Fund [ETF]? The following ETF(s) have WEC as a top-10 holding: WisdomTree MidCap Dividend Fund ( DON ) iShares MSCI USA Size Factor ( SIZE ). The top-performing ETF of this group is DON with an increase of 3.18% over the last 100 days. It also has the highest percent weighting of WEC at 0.98%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-08-12,17.0055,17.0552,16.8667,16.9028,
EXC,2014-08-13,16.9136,16.9888,16.7807,16.8461,
EXC,2014-08-14,16.8969,17.0953,16.8695,17.0465,
EXC,2014-08-15,17.0572,17.2458,16.9468,17.0308,
EXC,2014-08-18,17.1012,17.1989,16.9937,17.0396,"[""Avista Corporation (AVA) Ex-Dividend Date Scheduled for August 19, 2014 Avista Corporation ( AVA ) will begin trading ex-dividend on August 19, 2014. A cash dividend payment of $0.3175 per share is scheduled to be paid on September 15, 2014. Shareholders who purchased AVA stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that AVA has paid the same dividend. At the current stock price of $32.19, the dividend yield is 3.95%. The previous trading day's last sale of AVA was $32.19, representing a -4.2% decrease from the 52 week high of $33.60 and a 25.99% increase over the 52 week low of $25.55. AVA is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AVA's current earnings per share, an indicator of a company's profitability, is $3.2. Zacks Investment Research reports AVA's forecasted earnings growth in 2014 as 67.57%, compared to an industry average of .7%. For more information on the declaration, record and payment dates, visit the AVA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AVA through an Exchange Traded Fund [ETF]? The following ETF(s) have AVA as a top-10 holding: SPDR Russell 2000 Low Volatility ( SMLV ). The top-performing ETF of this group is SMLV with an decrease of -0.57% over the last 100 days. It also has the highest percent weighting of AVA at 2.12%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Building safer trades with ETFs The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-08-19,17.0923,17.1383,16.9663,17.1159,
EXC,2014-08-20,17.1276,17.15,17.0572,17.1333,
EXC,2014-08-21,17.1012,17.4011,17.1012,17.2721,
EXC,2014-08-22,17.2721,17.4705,17.2341,17.3474,
EXC,2014-08-25,17.3844,17.6307,17.3317,17.5828,
EXC,2014-08-26,17.5936,17.6971,17.2878,17.3043,"[""Integrys Energy Group (TEG) Ex-Dividend Date Scheduled for August 27, 2014 Integrys Energy Group ( TEG ) will begin trading ex-dividend on August 27, 2014. A cash dividend payment of $0.68 per share is scheduled to be paid on September 20, 2014. Shareholders who purchased TEG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 23rd quarter that TEG has paid the same dividend. At the current stock price of $67.36, the dividend yield is 4.04%. The previous trading day's last sale of TEG was $67.36, representing a -5.59% decrease from the 52 week high of $71.35 and a 29.34% increase over the 52 week low of $52.08. TEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). TEG's current earnings per share, an indicator of a company's profitability, is $4.08. Zacks Investment Research reports TEG's forecasted earnings growth in 2014 as -2.27%, compared to an industry average of .7%. For more information on the declaration, record and payment dates, visit the TEG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to TEG through an Exchange Traded Fund [ETF]? The following ETF(s) have TEG as a top-10 holding: First Trust Utilities AlphaDEX Fund ( FXU ) Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ) iShares Dow Jones Select Dividend Index Fund ( DVY ) First Trust Value Line Dividend Index Fund ( FVD ) Guggenheim S&P 500 Equal Weight ( RSP ). The top-performing ETF of this group is RYU with an increase of 6.87% over the last 100 days. FXU has the highest percent weighting of TEG at 4.61%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corporation (EXCU) Ex-Dividend Date Scheduled for August 27, 2014 Exelon Corporation ( EXCU ) will begin trading ex-dividend on August 27, 2014. A cash dividend payment of $0.6680556 per share is scheduled to be paid on September 01, 2014. Shareholders who purchased EXCU stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $50.71, the dividend yield is 1.32%. The previous trading day's last sale of EXCU was $50.71, representing a -4.28% decrease from the 52 week high of $52.98 and a 4.84% increase over the 52 week low of $48.37. EXCU is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). For more information on the declaration, record and payment dates, visit the EXCU Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-08-27,17.321,17.5556,17.321,17.5496,
EXC,2014-08-28,17.4705,17.7665,17.407,17.6737,"ALLETE Unit and Minnesota National Guard to Build Solar Farm - Analyst Blog Minnesota Power, an operating division of ALLETE, Inc. ( ALE ) and Minnesota National Guard have entered into a memorandum of understanding to construct a 10-megawatt (MW) utility-scale solar energy project at the latter's military base in Camp Ripley, MN. The cost of the project is pegged at $25 million and is expected to be completed in the 2015-2016 time span. Minnesota Power has a long alliance with Minnesota National Guard and has been providing energy to Camp Ripley for around 10 years. Post completion, the Camp Ripley solar energy system will be the largest installation on a military property in the state of Minnesota and one of the largest single-site solar arrays in the state. Upon regulatory approval, the solar energy project will be built on around 100 acres of government property at Camp Ripley. Minnesota Power will utilize photovoltaic panels on racks at the project. The company may fit either diesel or natural gas-fired engines at the project site, which will serve a double purpose. Firstly, the engines will offer capacity and peaking energy to Minnesota Power. It will be activated via remote transmit when energy market conditions call on it. And secondly, the backup generation will supply emergency power to the camp. Both Minnesota Power and Minnesota National Guard will benefit from the latest project. The completion of the solar venture will enable Minnesota Power to progress on its EnergyForward goal, offering a mix of one-third renewable, one-third coal and one-third natural gas energy sources reliably and affordably. The 10-MW solar project will allow the Minnesota National Guard to achieve energy conservation objectives rolled out by the U.S. Department of Defense. The project will enable Camp Ripley to utilize the power from the farm when the electric grid is down. As the farm will produce power over and above the requirement of the military base, Minnesota Power can utilize the output at its service territory in central and northern Minnesota. In addition, the project will create additional employment opportunity in the region. ALLETE continues to expand its renewable asset base through developing new projects. In 2014, the company intends to invest $285 million in renewable ventures. ALLETE plans to spend $345 million on its 205-MW Bison 4 Wind Project, also in Minnesota, with completion slated for 2014. A steady focus on expansion of renewable properties will aid the company to achieve the government's renewable mandate. Apart from ALLETE, other utility providers like DTE Energy Company ( DTE ), NRG Energy, Inc. ( NRG ) and Exelon Corporation ( EXC ) are investing considerably in renewable utility infrastructure to comply with stringent regulations. In Jun 2014, the Obama administration rolled out its plan to curtail carbon emissions from coal-fired power plants by 30% by 2030. The rule is expected to come into effect next year. This is not to affect ALLETE so much considering its stepped up investments in renewables. ALLETE also maintains a favorable liquidity position backed by stable cash generation capacity. As of Jun 30, 2014, the company had $401 million available under consolidated bank lines of credit and cash and cash equivalents of $83.6 million. During the first half of 2014, the company's operating cash flow was $126.1 million. A steady financial position enables ALLETE to pursue systematic investments in renewable projects. ALLETE currently holds a Zacks Rank#2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report ALLETE INC (ALE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-08-29,17.6971,17.8985,17.6639,17.8985,
EXC,2014-09-02,17.9042,17.9219,17.4588,17.5828,"[""Stock Market News for September 02, 2014 - Market News Benchmarks settled in the green on Friday after promising economic numbers negated overseas tensions. Encouraging economic data on consumer sentiment and Chicago-area business conditions overshadowed concerns related to the Russia-Ukraine crisis and increased terror-threat level in the United Kingdom. Friday's gains helped the S&P 500 close at a record high. The index finished above the 2k mark for the third time this week. The Nasdaq ended at its highest level since Mar 29, 2000. The blue-chip index is now 0.2% short of its record close achieved on Jul 16. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) gained 0.1% to close at 17,098.45. The Standard & Poor 500 (S&P 500) advanced 0.3% to settle at 2,003.37. The tech-laden Nasdaq Composite Index closed at 4,580.27; gaining 0.5%. The fear-gauge CBOE Volatility Index (VIX) dropped 0.6% to settle at 11.98. A total of 3.8 billion shares were traded on Friday, less than the monthly average of 5.29 billion. Advancers outpaced declining stocks on the NYSE. For 67% stocks that advanced, 28% declined. A positive finish for benchmarks was ensured by encouraging economic data. The University of Michigan and Thomson Reuters' final reading of consumer sentiment increased to 82.5 in August, up from the earlier estimate of 79.2. The rise in consumer sentiment was also more than the consensus estimate of an increase to 80.3. Chicago PMI numbers were also encouraging. The Institute for Supply Management-Chicago noted that Chicago Business Barometer jumped to 64.3 in August from July's reading of 52.6. This rise in the Chicago Purchasing Managers Index in August was more than the consensus estimate of an increase to 56.8. Separately, according to the Bureau of Economic Analysis, personal income increased 0.2% in July, less than the consensus estimate of a rise by 0.3%. This rise in personal income came after it had increased 0.5% in June. However, personal consumption expenditure decreased 0.1% in July, in contrast to the consensus estimate of an increase by 0.1%. Personal consumption expenditure rose 0.4% in June. Encouraging economic data overshadowed geopolitical concerns. Russian President Vladimir Putin accused Ukraine of continuing military operations. Putin has compared Ukrainian military tactics to that of Nazis when they invaded Russia. His statements came in as Ukraine sought full membership of North Atlantic Treaty Organization and the abolishment of a law banning membership in military blocs. Meanwhile, in United Kingdom the international terror threat level was increased to \""severe\"" from \""substantial\"" by the country's Joint Terrorism Analysis Centre. Home Secretary Theresa May said: \""The increase in the threat level is related to developments in Syria and Iraq where terrorist groups are planning attacks against the West.\"" Coming back to domestic events, shares of Avago Technologies Limited ( AVGO ) climbed 7.5% after the company recorded strong third-quarter fiscal 2014 results. The chipmaker ended at an all-time high of $82.09. Avago Technologies also performed the best among the S&P 500 components. Shares of Avago's key customer, Apple Inc. ( AAPL ), also closed at an all-time high of $102.50, up 0.2% Eight out of 10 sectors of the S&P 500 ended in the green. The Utilities Select Sector SPDR ETF (XLU) was the biggest gainer among the S&P 500 sectors. The sector gained almost 0.7%. Key utilities stocks from the sector such as Exelon Corporation ( EXC ), Duke Energy Corporation ( DUK ), DTE Energy Company ( DTE ) and Southern Company ( SO ) increased 1.3%, 0.9%, 0.4% and 0.4%, respectively. Benchmarks posted gains for the fourth successive week. For the holiday shortened-week, the S&P 500, the Dow and the Nasdaq gained 0.8%, 0.6% and 0.9%, respectively. During the week, the S&P 500 ended above the 2k mark for the first time following encouraging economic data on Tuesday. A rise in Consumer Confidence Index and positive durable orders report boosted investor sentiment. Benchmarks were also boosted by a new deal between Burger King Worldwide ( BKW ) and Tim Hortons Inc. ( THI ). Possibility of stimulus measures in the Eurozone lifted benchmarks on Monday. However, dismal inflation rate data from Eurozone and concerns about Russia-Ukraine tension had negative impact on benchmarks on Thursday. For the month, the S&P 500 advanced 3.8%. The index registered its best August performance since 2000. The Dow and the Nasdaq too gained 3.2% and 4.8%, respectively. The Dow and S&P 500 registered best monthly gains since February. Encouraging economic data from the housing sector, upbeat ISM Services Index, positive factory orders and favorable trade balance helped benchmarks end in the green for the month. Upbeat earnings from companies such as Home Depot, Inc. ( HD ), Target Corp. ( TGT ), American Eagle Outfitters, Inc. ( AEO ), Time Warner Inc. ( TWX ), Twenty-First Century Fox, Inc. ( FOXA ), Molson Coors Brewing Company ( TAP ), Coach, Inc. ( COH ) and Toyota Motor Corporation ( TM ) helped to improve investor sentiment. News of a deal between Dollar General Corporation ( DG ) and Family Dollar Stores Inc. ( FDO ) was also welcomed by investors. Geopolitical tensions continued to affect mood. The Russia-Ukraine crisis led to fresh sanctions against Russia. In response, Russia imposed ban on food import from Europe and the US. Violence in Iraq was also a lingering problem. Economic data from Europe were dismal. However, a recovery plan for Portugal's banking crisis improved sentiment. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AVAGO TECHNOLOG (AVGO): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report BURGER KING WWD (BKW): Free Stock Analysis Report TIM HORTONS INC (THI): Free Stock Analysis Report HOME DEPOT (HD): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report AMER EAGLE OUTF (AEO): Free Stock Analysis Report TIME WARNER INC (TWX): Free Stock Analysis Report TWENTY-FST CF-A (FOXA): Free Stock Analysis Report MOLSON COORS-B (TAP): Free Stock Analysis Report COACH INC (COH): Free Stock Analysis Report TOYOTA MOTOR CP (TM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Public Service Enterprise Group Incorporated (PEG) Ex-Dividend Date Scheduled for September 03, 2014 Public Service Enterprise Group Incorporated ( PEG ) will begin trading ex-dividend on September 03, 2014. A cash dividend payment of $0.37 per share is scheduled to be paid on September 30, 2014. Shareholders who purchased PEG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that PEG has paid the same dividend. At the current stock price of $37.39, the dividend yield is 3.96%. The previous trading day's last sale of PEG was $37.39, representing a -9.64% decrease from the 52 week high of $41.38 and a 19.65% increase over the 52 week low of $31.25. PEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PEG's current earnings per share, an indicator of a company's profitability, is $2.34. Zacks Investment Research reports PEG's forecasted earnings growth in 2014 as 4.82%, compared to an industry average of -.3%. For more information on the declaration, record and payment dates, visit the PEG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PEG through an Exchange Traded Fund [ETF]? The following ETF(s) have PEG as a top-10 holding: Select Sector SPDR Fund - Utilities ( XLU ) Market Vectors Uranium & Nuclear Energy ETF ( NLR ) iShares Dow Jones U.S. Utilities Index Fund ( IDU ) Vanguard Utilities ETF ( VPU ) Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ). The top-performing ETF of this group is RYU with an increase of 6.56% over the last 100 days. XLU has the highest percent weighting of PEG at 3.72%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-09-03,17.6893,17.8613,17.6639,17.8124,"NRG Energy, Green Mountain Power Promote Renewables - Analyst Blog NRG Energy, Inc. ( NRG ) inked a partnership agreement with Green Mountain Power Corporation (GMP) to introduce new products and services for Vermont customers. Per the deal, the companies will jointly develop a wide array of clean energy solutions for the Vermonters. Vermont-based GMP is an electric utility engaged in providing reliable, affordable, smart, and clean power to its customers through clean energy sources. The firm caters to customers' increasing preference to shift towards clean energy sources and save money. The main focus of the partnership is to convert the primitive distribution grid to a market-based platform. NRG Energy and GMP will jointly construct an advanced distribution grid in Rutland, VT. This initiative will help to distribute energy solutions through renewable mechanisms and energy storage, besides improving efficiency. In addition, they will develop a wide array of new clean energy products and services, including Personal Energy Management, NRG Portable Power, Electric Vehicle Infrastructure and Community Solar. These sustainable and novel energy saving solutions will be available from early 2015. NRG Energy and GMP have been tying up for energy solutions. In May 2014, NRG Energy's unit NRG Residential Solar Solutions constructed a community solar array in Rutland, VT, under its Vermont Community Solar Project. The company will be selling the output from the 150-kilowatt solar farm to 50 GMP customers. Both NRG Energy and GMP are eager to set up Rutland as the Energy City of the Future and establish the state of Vermont as a leader in promoting sustainable energy solutions at a cost-effective manner. NRG Energy has steadily expanded its renewable energy asset base. In the first half of 2014, the company invested around $0.2 billion in renewable ventures and intends to invest roughly $0.4 billion in 2014. Recently, NRG Energy completed two acquisitions - Goal Zero, a personal solar products manufacturer, and a 4-megawatt (MW ac) Spanish Town Estate Solar project, located in the island of St. Croix in the U.S. Virgin Islands, from Toshiba International Corporation. In Jun 2014, the Obama administration rolled out its plan to curtail carbon emissions from coal-fired power plants by 30% by 2030 from 2005 levels. The rule is expected to come into effect next year. The aforesaid initiatives will allow NRG Energy to meet government environmental mandates. Apart from NRG Energy, other utility providers like ALLETE, Inc. ( ALE ), DTE Energy Company ( DTE ) and Exelon Corporation ( EXC ) are investing significantly in renewable utility infrastructure to achieve regulatory compliance. However, we are concerned about NRG Energy's rising cost of operations, which is continuously eating into margins. The company reported a loss in second-quarter 2014 primarily due to higher expenses. In the second quarter, its total operating expenses increased 33.7% year over year to approximately $3.53 billion. The company's failure to control rising expenses will once again impact its financial performance. NRG Energy currently holds a Zacks Rank #5 (Strong Sell). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NRG ENERGY INC (NRG): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report ALLETE INC (ALE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-09-04,17.7411,17.9688,17.702,17.9688,"[""Westar Energy, Inc. (WR) Ex-Dividend Date Scheduled for September 05, 2014 Westar Energy, Inc. ( WR ) will begin trading ex-dividend on September 05, 2014. A cash dividend payment of $0.35 per share is scheduled to be paid on October 01, 2014. Shareholders who purchased WR stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that WR has paid the same dividend. At the current stock price of $36.79, the dividend yield is 3.81%. The previous trading day's last sale of WR was $36.79, representing a -3.78% decrease from the 52 week high of $38.24 and a 23.5% increase over the 52 week low of $29.79. WR is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WR's current earnings per share, an indicator of a company's profitability, is $2.28. Zacks Investment Research reports WR's forecasted earnings growth in 2014 as 3.69%, compared to an industry average of -.1%. For more information on the declaration, record and payment dates, visit the WR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for Sep 4, 2014 : XRX, IGT, EMC, CA, PFE, QQQ, EXC, XLNX, KO, INTC, LOCO, AMAT The NASDAQ 100 After Hours Indicator is up 1.4 to 4,067.53. The total After hours volume is currently 23,713,091 shares traded. The following are the most active stocks for the after hours session : Xerox Corporation ( XRX ) is unchanged at $13.62, with 4,367,184 shares traded. XRX's current last sale is 93.93% of the target price of $14.5. International Game Technology ( IGT ) is unchanged at $16.27, with 4,359,965 shares traded. IGT's current last sale is 95.71% of the target price of $17. EMC Corporation ( EMC ) is unchanged at $29.05, with 2,073,478 shares traded. As reported by Zacks, the current mean recommendation for EMC is in the \""buy range\"". CA Inc. ( CA ) is +0.09 at $29.43, with 2,046,012 shares traded. CA's current last sale is 93.43% of the target price of $31.5. Pfizer, Inc. ( PFE ) is unchanged at $29.37, with 1,782,804 shares traded. PFE's current last sale is 86.38% of the target price of $34. PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.07 at $99.46, with 1,767,742 shares traded. This represents a 30.99% increase from its 52 Week Low. Exelon Corporation ( EXC ) is unchanged at $33.55, with 1,753,819 shares traded. As reported in the last short interest update the days to cover for EXC is 12.377395; this calculation is based on the average trading volume of the stock. Xilinx, Inc. ( XLNX ) is unchanged at $43.39, with 1,398,463 shares traded. XLNX's current last sale is 86.78% of the target price of $50. Coca-Cola Company (The) ( KO ) is +0.17 at $42.04, with 1,186,791 shares traded. KO's current last sale is 93.42% of the target price of $45. Intel Corporation ( INTC ) is unchanged at $34.91, with 734,145 shares traded. INTC's current last sale is 101.17% of the target price of $34.5. El Pollo Loco Holdings, Inc. ( LOCO ) is +1.41 at $36.20, with 720,406 shares traded. LOCO's current last sale is 120.67% of the target price of $30. Applied Materials, Inc. ( AMAT ) is unchanged at $22.54, with 702,054 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jan 2015. The consensus EPS forecast is $0.31. As reported by Zacks, the current mean recommendation for AMAT is in the \""buy range\"". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-09-05,17.9306,18.1505,17.8778,18.1094,"[""Scana Corporation (SCG) Ex-Dividend Date Scheduled for September 08, 2014 Scana Corporation ( SCG ) will begin trading ex-dividend on September 08, 2014. A cash dividend payment of $0.525 per share is scheduled to be paid on October 01, 2014. Shareholders who purchased SCG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that SCG has paid the same dividend. At the current stock price of $51.66, the dividend yield is 4.07%. The previous trading day's last sale of SCG was $51.66, representing a -4.14% decrease from the 52 week high of $53.89 and a 15.45% increase over the 52 week low of $44.75. SCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). SCG's current earnings per share, an indicator of a company's profitability, is $3.72. Zacks Investment Research reports SCG's forecasted earnings growth in 2014 as 6.15%, compared to an industry average of -.3%. For more information on the declaration, record and payment dates, visit the SCG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to SCG through an Exchange Traded Fund [ETF]? The following ETF(s) have SCG as a top-10 holding: Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ) WisdomTree MidCap Dividend Fund ( DON ) iShares MSCI USA Size Factor ( SIZE ). The top-performing ETF of this group is DON with an increase of 8.89% over the last 100 days. RYU has the highest percent weighting of SCG at 2.88%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""PEPCO Holdings, Inc. (POM) Ex-Dividend Date Scheduled for September 08, 2014 PEPCO Holdings, Inc. ( POM ) will begin trading ex-dividend on September 08, 2014. A cash dividend payment of $0.27 per share is scheduled to be paid on September 30, 2014. Shareholders who purchased POM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 27th quarter that POM has paid the same dividend. At the current stock price of $27.36, the dividend yield is 3.95%. The previous trading day's last sale of POM was $27.36, representing a -2.01% decrease from the 52 week high of $27.92 and a 51.66% increase over the 52 week low of $18.04. POM is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). POM's current earnings per share, an indicator of a company's profitability, is $1.21. Zacks Investment Research reports POM's forecasted earnings growth in 2014 as 7.46%, compared to an industry average of -.3%. For more information on the declaration, record and payment dates, visit the POM Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to POM through an Exchange Traded Fund [ETF]? The following ETF(s) have POM as a top-10 holding: SPDR S&P Global Dividend ( WDIV ) WisdomTree MidCap Dividend Fund ( DON ) Guggenheim Russell 1000 Equal Weight ETF ( EWRI ). The top-performing ETF of this group is EWRI with an increase of 9.67% over the last 100 days. WDIV has the highest percent weighting of POM at 1.47%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ameren Corporation (AEE) Ex-Dividend Date Scheduled for September 08, 2014 Ameren Corporation ( AEE ) will begin trading ex-dividend on September 08, 2014. A cash dividend payment of $0.4 per share is scheduled to be paid on September 30, 2014. Shareholders who purchased AEE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 12th quarter that AEE has paid the same dividend. At the current stock price of $39.73, the dividend yield is 4.03%. The previous trading day's last sale of AEE was $39.73, representing a -5.94% decrease from the 52 week high of $42.24 and a 21.83% increase over the 52 week low of $32.61. AEE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AEE's current earnings per share, an indicator of a company's profitability, is $2.4. Zacks Investment Research reports AEE's forecasted earnings growth in 2014 as 13.57%, compared to an industry average of -.3%. For more information on the declaration, record and payment dates, visit the AEE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AEE through an Exchange Traded Fund [ETF]? The following ETF(s) have AEE as a top-10 holding: Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ) WisdomTree MidCap Dividend Fund ( DON ). The top-performing ETF of this group is DON with an increase of 8.89% over the last 100 days. RYU has the highest percent weighting of AEE at 2.88%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-09-08,18.1094,18.1837,17.8457,17.9102,
EXC,2014-09-09,17.8349,17.8349,17.6776,17.7382,
EXC,2014-09-10,17.748,17.7528,17.4548,17.6971,"[""Exelon Corporation vs. Xcel Energy Inc: Which Returns More to Shareholders? Investors have been hunting for a \""magic metric\"" for as long as stock markets have existed. Of the myriad metrics around, return on equity, or ROE, has become a favorite first stab for judging a company's worth. But for the wise investor, there's a clearer calculation out there -- one that can ultimately separate the winner stocks from the losers. Let's look at two utilities that offer giant dividends -- Exelon and Xcel Energy -- to see which is worth its weight. The magic metric Return on equity measures the percentage of net income that is returned to shareholders. In this case, Exelonmanages an 8.2% ROE, while Xcel Energy ups the ante to 10.1% . Nearly a century ago, DuPont delved deeper to get at the questions investors really want to know. This extended DuPont model splits ROE into five ratios, each of which tells an interesting investment tale. Source: Data from S&P Cap IQ . Xcel leads innearly every category . The utility sets itself up for success with a strong starting point -- its pre-interest pre-tax margin is a full 3 percentage points higher than Exelon's. While that number is partially determined by corporate practice, it's also steeped in regulation. In the company's latest second-quarter earnings report, roughly 80% of Xcel Energy's electric margin improvements came from retail rate increases across six states. This alone added $38 million to its coffers for the quarter. For the same quarter, lower realized energy prices put a crimp in Exelon's unregulated generation earnings, which accounted for just over 50% of its total adjusted earnings. When it comes to taxes, Xcel also seems to be on Uncle Sam's good side. The utility scored a solid 0.04 points higher than Exelon Corporation. This metric reveals the other side of pre-tax margins, and Xcel has managed to hang on to its lead. As slow-moving mega-corporations, asset turnover isn't an all-important indicator, but interest burden is essential. Utilities take out massive loans to cover large infrastructure projects, and Exelon is losing more of its money to interest expenses than Xcel. Xcel also recently announced it plans to shave an additional $5 million off interest expenses for fiscal 2014. That's small money, but it tells investors that Xcel isn't looking to expand its interest burden; its lower equity multiplier reaffirms that message. Foolish takeaway This breakdown provides the complete story for the 1.9 percentage point difference between two companies' ROE. Xcel Energy enjoys a fatter margin, a faster business, smaller loan payments, and lighter taxes. For dividend stock investors, the current 0.1 percentage point difference between Exelon's 4% yield and Xcel's 3.9% makes the case even more compelling. Long-term investors can expect Xcel to do more with your money -- and give you more in return. Our analysts' top dividend stocks for the next decade Not all dividend stocks are created equal, and our top analysts have separated the winners from the loser. Just like we've discovered Xcel Energy Inc's advantages, my colleagues at the Fool have put together a report on a group of high-yielding stocks that should be in any income investor's portfolio. To see our free report on these stocks, just click here now . The article Exelon Corporation vs. Xcel Energy Inc: Which Returns More to Shareholders? originally appeared on Fool.com. Justin Loiseau has no position in any stocks mentioned. The Motley Fool recommends Exelon. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""NorthWestern Corporation (NWE) Ex-Dividend Date Scheduled for September 11, 2014 NorthWestern Corporation ( NWE ) will begin trading ex-dividend on September 11, 2014. A cash dividend payment of $0.4 per share is scheduled to be paid on September 30, 2014. Shareholders who purchased NWE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that NWE has paid the same dividend. At the current stock price of $48.75, the dividend yield is 3.28%. The previous trading day's last sale of NWE was $48.75, representing a -7.5% decrease from the 52 week high of $52.70 and a 20.28% increase over the 52 week low of $40.53. NWE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NWE's current earnings per share, an indicator of a company's profitability, is $2.45. Zacks Investment Research reports NWE's forecasted earnings growth in 2014 as 7.6%, compared to an industry average of -.3%. For more information on the declaration, record and payment dates, visit the NWE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-09-11,17.7128,17.9414,17.6971,17.8056,
EXC,2014-09-12,17.7235,17.7597,17.4499,17.6004,
EXC,2014-09-15,17.621,17.8828,17.621,17.7977,"Xcel Energy Inc. (XEL) Ex-Dividend Date Scheduled for September 16, 2014 Xcel Energy Inc. ( XEL ) will begin trading ex-dividend on September 16, 2014. A cash dividend payment of $0.3 per share is scheduled to be paid on October 20, 2014. Shareholders who purchased XEL stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that XEL has paid the same dividend. At the current stock price of $31.27, the dividend yield is 3.84%. The previous trading day's last sale of XEL was $31.27, representing a -3.73% decrease from the 52 week high of $32.48 and a 16.25% increase over the 52 week low of $26.90. XEL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). XEL's current earnings per share, an indicator of a company's profitability, is $1.94. Zacks Investment Research reports XEL's forecasted earnings growth in 2014 as 2.52%, compared to an industry average of -.3%. For more information on the declaration, record and payment dates, visit the XEL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to XEL through an Exchange Traded Fund [ETF]? The following ETF(s) have XEL as a top-10 holding: iShares Morningstar Mid Value Index Fund ( JKI ). The top-performing ETF of this group is JKI with an increase of 4.2% over the last 100 days. It also has the highest percent weighting of XEL at 1.15%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-09-16,17.787,18.1505,17.7235,18.1144,
EXC,2014-09-17,18.1505,18.2081,17.9746,18.0391,"Pre-Market Most Active for Sep 17, 2014 : PFE, GLW, CSCO, AUXL, AKS, EXC, X, RAX, STX, QQQ, YHOO, ERIC The NASDAQ 100 Pre-Market Indicator is down -6.32 to 4,060.95. The total Pre-Market volume is currently 20,286,295 shares traded. The following are the most active stocks for the pre-market session : Pfizer, Inc. ( PFE ) is unchanged at $30.05, with 1,789,036 shares traded. PFE's current last sale is 88.38% of the target price of $34. Corning Incorporated ( GLW ) is unchanged at $20.64, with 999,979 shares traded. GLW's current last sale is 98.29% of the target price of $21. Cisco Systems, Inc. ( CSCO ) is +0.06 at $25.28, with 946,508 shares traded. As reported by Zacks, the current mean recommendation for CSCO is in the ""buy range"". Auxilium Pharmaceuticals, Inc. ( AUXL ) is +9.68 at $31.20, with 935,153 shares traded. As reported in the last short interest update the days to cover for AUXL is 17.757033; this calculation is based on the average trading volume of the stock. AK Steel Holding Corporation ( AKS ) is +0.63 at $10.27, with 913,178 shares traded. AKS's current last sale is 108.11% of the target price of $9.5. Exelon Corporation ( EXC ) is unchanged at $33.82, with 771,723 shares traded. As reported in the last short interest update the days to cover for EXC is 19.068317; this calculation is based on the average trading volume of the stock. United States Steel Corporation ( X ) is +4.74 at $46.15, with 718,426 shares traded., following a 52-week high recorded in prior regular session. Rackspace Hosting, Inc ( RAX ) is -7.28 at $32.06, with 697,487 shares traded. RAX's current last sale is 89.06% of the target price of $36. Seagate Technology. ( STX ) is +0.005 at $59.25, with 401,770 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2014. The consensus EPS forecast is $1.25. As reported in the last short interest update the days to cover for STX is 11.742381; this calculation is based on the average trading volume of the stock. PowerShares QQQ Trust, Series 1 ( QQQ ) is -0.02 at $99.36, with 367,889 shares traded. This represents a 30.14% increase from its 52 Week Low. Yahoo! Inc. ( YHOO ) is -0.22 at $42.49, with 338,223 shares traded. As reported by Zacks, the current mean recommendation for YHOO is in the ""buy range"". Ericsson ( ERIC ) is +0.01 at $12.70, with 322,950 shares traded. ERIC's current last sale is 90.71% of the target price of $14. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-09-18,18.0108,18.2033,18.001,18.0909,
EXC,2014-09-19,18.1212,18.4348,18.1094,18.428,"Here’s 50 Blue Chip Stocks that Should Make Shareholders Mad Regardless of whether you believe the stock market is overvalued or undervalued, one thing we can all agree upon is that stocks have been stellar performers. The S&P 500 (NYSEARCA:SPY) has risen five consecutive years and gained around 228% since bottoming at market lows in March 2009. Over that same period, mid-cap (NYSEARCA:MDY) and small-cap stocks (NYSEARCA:IWM) have performed even better by rising 271% and 253% respectively. WATCH: Ron does a Portfolio Report Card on a $512,000 Investment Account Naturally, the average financial pedestrian associates ""blue chip stocks"" with performance that is better than the rest of the stock market. But my survey of 50 leading and widely held stocks clearly disproves that mistaken view. Masked underneath the sizzling returns over the past five-years has been a whole lot of sub-par performing individual stocks. To grasp the magnitude of underperformance, I did a random analysis on 50 blue chip stocks covering the nine S&P 500 industry sectors. I found that Exelon Corp. ( EXC ), General Motors ( GM ), and Hewlett-Packard ( HPQ ) were the worst offenders. The equity underperformance of these three companies versus their sector peer ETF was a whopping and wholly unacceptable 122% to 162%. For instance, I compared individual technology stocks like Microsoft (NasdaqGS:MSFT) and Cisco Systems (NasdaqGS:CSCO) versus the Technology Sector SPDR ETF (NYSEARCA:XLK), which contains 71 stocks that make up the technology portion of the S&P 500. Microsoft and Cisco are components within XLK, so it provides us a fair comparison of equity performance. Simply put, stocks that don't or can't outperform a group of peers over a reasonably long time horizon aren't good investments. LISTEN: Negative Sentiment Toward Stocks Hits 27-Year Bottom The table shown below compares the five-year performance for each of these individual stocks versus its peer industry sector ETF. In every single case, the investor would've been better off owning the sector ETF versus owning the individual stock. What's especially alarming for shareholders of these 50 lagging blue chips is that the sub-par performance has occurred during a favorable period for stocks. Is it reasonable to expect market outperformance when the broader stock market begins to tank? For investors, the purpose of this research is to give a clearer more transparent perspective of equity performance. If the management team running the company you own can't beat a group of peers, their compensation should be immediately cut or they should be fired. If equity performance isn't your yardstick, then you're probably using the wrong yardstick. In summary, if you own individual stocks or work at a publicly traded company, start comparing the performance of your stock(s) versus its peer sector ETF. You may discover that investing in the sector ETF is the better route. Follow us on Twitter @ ETFguide Related Posts: How to Improve Your Investment Performance by Playing Defense A Portfolio Strategy Warren Buffett Would Approve Valuation Models Say Stock Market Losses Ahead The Crowd Votes for Stocks over Cash Is the Stock Market's Momentum Fading? The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-09-22,18.3381,18.6967,18.2501,18.3655,
EXC,2014-09-23,18.3215,18.4182,18.1837,18.2727,"Pre-Market Most Active for Sep 23, 2014 : CSCO, KMI, MU, JNJ, YHOO, EBAY, EXC, MDT, NEM, SAN, QCOM, TVIX The NASDAQ 100 Pre-Market Indicator is down -10.29 to 4,050.94. The total Pre-Market volume is currently 28,599,270 shares traded. The following are the most active stocks for the pre-market session : Cisco Systems, Inc. ( CSCO ) is -0.07 at $24.90, with 2,168,665 shares traded. As reported by Zacks, the current mean recommendation for CSCO is in the ""buy range"". Kinder Morgan, Inc. ( KMI ) is unchanged at $37.50, with 1,520,373 shares traded. As reported by Zacks, the current mean recommendation for KMI is in the ""buy range"". Micron Technology, Inc. ( MU ) is -0.12 at $30.48, with 1,413,800 shares traded.MU is scheduled to provide an earnings report on 9/25/2014, for the fiscal quarter ending Aug2014. The consensus earnings per share forecast is 0.81 per share, which represents a 21 percent increase over the EPS one Year Ago Johnson & Johnson ( JNJ ) is -0.22 at $107.66, with 1,384,194 shares traded. JNJ's current last sale is 99.69% of the target price of $108. Yahoo! Inc. ( YHOO ) is -0.62 at $38.03, with 1,239,369 shares traded. As reported by Zacks, the current mean recommendation for YHOO is in the ""buy range"". eBay Inc. ( EBAY ) is +0.01 at $52.48, with 1,076,705 shares traded. As reported by Zacks, the current mean recommendation for EBAY is in the ""buy range"". Exelon Corporation ( EXC ) is +0.51 at $34.80, with 837,562 shares traded. As reported in the last short interest update the days to cover for EXC is 19.068317; this calculation is based on the average trading volume of the stock. Medtronic, Inc. ( MDT ) is -2.28 at $63.70, with 836,201 shares traded. As reported in the last short interest update the days to cover for MDT is 12.60262; this calculation is based on the average trading volume of the stock. Newmont Mining Corporation ( NEM ) is +0.2 at $23.86, with 794,216 shares traded. NEM's current last sale is 85.21% of the target price of $28. Banco Santander, S.A. ( SAN ) is -0.08 at $9.77, with 784,923 shares traded. SAN's current last sale is 101.45% of the target price of $9.63. QUALCOMM Incorporated ( QCOM ) is unchanged at $76.29, with 600,113 shares traded. As reported by Zacks, the current mean recommendation for QCOM is in the ""buy range"". Credit Suisse AG ( TVIX ) is +0.11 at $2.83, with 433,370 shares traded. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-09-24,18.2902,18.3019,18.1251,18.1613,"Pepco Holdings Shareholders Clear the Exelon Merger Deal - Analyst Blog Pepco Holdings Inc.'s ( POM ) shareholders have approved the $6.8 billion merger deal with Exelon Corporation ( EXC ), which was initially announced on Apr 30. The approval by Pepco's shareholders cleared a major hurdle and the transaction is now expected to close in the second half of 2015. The deal is yet to receive necessary regulatory nods from the different utility commissions. Post completion, this merger will create a leading Mid-Atlantic natural gas and electric utility serving nearly 10 million consumers. The combined entity will benefit both Exelon's and Pepco's shareholders. For more details read Exelon Corp. to Acquire Pepco, Expand in Mid-Atlantic . Pepco's shares had reached a 52-week high of $27.92 following the merger announcement. Eventually the shares have hovered near the low $27 level in the intervening period. Hence, Pepco shareholders will still enjoy a premium considering the Exelon offer price of $27.25 per share. This merger will undoubtedly benefit Exelon and its customers. Similarly, Pepco Holdings' customers will gain from the $100 million customer benefit fund that Exelon is creating for the public service commissions in Pepco's service territories. The fund will be utilized by Pepco's legacy customers who will benefit from rate credits, assistance programs and energy efficiency. The merger will create new employment opportunities and benefit the economies of Delaware, Maryland, New Jersey and Washington, D.C. We expect to see a lot more consolidation going forward in the utility space as it will invariably lead to cost synergies and better utilization of resources. We believe that in a mature energy market like the U.S., mergers and acquisitions represent a sure way to enhance market share. In Jun 23, Wisconsin Energy Corp. ( WEC ) and Integrys Energy Group Inc. ( TEG ) entered into an agreement under which the former will acquire the latter in a transaction valued at $9.1 billion (read: Wisconsin Energy to Buy Integrys to Expand Midwest Operations ). Pepco Holdings currently holds a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WISC ENERGY CP (WEC): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report INTEGRYS ENERGY (TEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-09-25,18.1613,18.2326,17.9951,17.9951,"Pacific Gas & Electric Co. (PCG) Ex-Dividend Date Scheduled for September 26, 2014 Pacific Gas & Electric Co. ( PCG ) will begin trading ex-dividend on September 26, 2014. A cash dividend payment of $0.455 per share is scheduled to be paid on October 15, 2014. Shareholders who purchased PCG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 19th quarter that PCG has paid the same dividend. At the current stock price of $45.24, the dividend yield is 4.02%. The previous trading day's last sale of PCG was $45.24, representing a -6.99% decrease from the 52 week high of $48.64 and a 14.75% increase over the 52 week low of $39.43. PCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PCG's current earnings per share, an indicator of a company's profitability, is $1.61. Zacks Investment Research reports PCG's forecasted earnings growth in 2014 as 11.8%, compared to an industry average of .3%. For more information on the declaration, record and payment dates, visit the PCG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PCG through an Exchange Traded Fund [ETF]? The following ETF(s) have PCG as a top-10 holding: Select Sector SPDR Fund - Utilities ( XLU ) iShares Dow Jones U.S. Utilities Index Fund ( IDU ) Vanguard Utilities ETF ( VPU ) First Trust Utilities AlphaDEX Fund ( FXU ) Market Vectors Uranium & Nuclear Energy ETF ( NLR ). The top-performing ETF of this group is NLR with an increase of 0.08% over the last 100 days. XLU has the highest percent weighting of PCG at 4.15%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-09-26,18.043,18.0909,17.8778,18.0489,
EXC,2014-09-29,17.9629,18.3019,17.8886,18.2677,
EXC,2014-09-30,18.3605,18.5217,18.215,18.257,"Tuesday's ETF with Unusual Volume: VPU The Vanguard Utilities ETF ( VPU ) is seeing unusually high volume in afternoon trading Tuesday, with over 736,000 shares traded versus three month average volume of about 152,000. Shares of VPU were up about 0.3% on the day. Components of that ETF with the highest volume on Tuesday were Xcel Energy ( XEL ), trading up about 0.6% with over 3.1 million shares changing hands so far this session, and Exelon ( EXC ), up about 0.7% on volume of over 3.0 million shares. Dominion Resources ( D ) is the component faring the best Tuesday, up by about 1.1% on the day, while PNM Resources ( PNM ) is lagging other components of the Vanguard Utilities ETF, trading lower by about 1.4%. VIDEO: Tuesday's ETF with Unusual Volume: VPU The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-10-01,18.3118,18.9322,18.3019,18.5149,"[""S&P 500 Movers: ADP, EXC In early trading on Wednesday, shares of Exelon ( EXC ) topped the list of the day's best performing components of the S&P 500 index, trading up 2.1%. Year to date, Exelon registers a 27.1% gain. And the worst performing S&P 500 component thus far on the day is Automatic Data Processing ( ADP ), trading down 13.2%. Automatic Data Processing is lower by about 10.8% looking at the year to date performance. Two other components making moves today are Delta Air Lines ( DAL ), trading down 3.5%, and NRG Energy ( NRG ), trading up 1.7% on the day. VIDEO: S&P 500 Movers: ADP, EXC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""U.S Utility Stocks Top Performers As Of Pre-Open October 1 October 1, 2014 \u2013 Following are the top-performers in the US Utility Stock Index as of Pre-Market October 1, 2014. The index is a float adjusted market capitalization-weighted index which includes securities in the US Benchmark Index that are classified in the Utilities Industry. Top 5 US Utility Stock Index Performers Tuesday: Pure Cycle Corp (PCYO): +2.54% Dominion Resources Inc/VA (D): +0.89% Duke Energy Corp (DUK): +0.78% Entergy Corp (ETR): +0.77% Sempra Energy (SRE): +0.52% Top 5 US Utility Stock Index Performers This Week: NiSource Inc (NI): +6.22% Pure Cycle Corp (PCYO): +4.52% NRG Energy Inc (NRG): +2.28% PG&E Corp (PCG): +1.62% Entergy Corp (ETR): +1.56% Top 5 US Utility Stock Index Performers This Month: Hawaiian Electric Industries Inc (HE): +4.57% NiSource Inc (NI): +3.30% Exelon Corp (EXC): +2.00% Duke Energy Corp (DUK): +1.05% Entergy Corp (ETR): -0.10% Top 5 US Utility Stock Index Performers This Year: Dynegy Inc (DYN): +34.11% NiSource Inc (NI): +24.64% Exelon Corp (EXC): +24.46% Entergy Corp (ETR): +22.22% Edison International (EIX): +20.78% The US Utility Stock Index's Performance: Tuesday: 0.05% This Week: 0.53% This Month: -3.08% This Year: 9.76% # OF STOCKS IN INDEX: 76 To learn more about the US Utility Stock Index, visit Nasdaqomx.com. There, you can see an intraday chart tracking its progress and see its performance history over time. You can also see how securities are weighted in the index and get an industry breakdown. The data is compiled by David Krein, Head of Research for Global Indexes at NASDAQ OMX. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Unit to Build Two Natural Gas Plants in Texas - Analyst Blog Electric utility Exelon Corporation ( EXC ) announced that its unit Exelon Generation will expand its natural gas based power generation capacity by 2000 MW. Exelon Generation plans to add two natural gas plants in Texas. Per the plan, the company will build two combined-cycle gas turbine (CCGT) units in Texas utilizing a new General Electric Company ( GE ) technology. The units will be come up at Exelon's existing generation sites -- one at Colorado Bend Generating Station, currently a 498 MW natural gas plant in Wharton County, TX; and the other at the 704 MW Wolf Hollow natural gas plant in Granbury, TX. Exelon is one of the largest utility operators in the U.S. serving a large base of electricity and natural gas customers. More than 50% of the generation units of the company are nuclear based. Despite following all safety norms nuclear plants run the risk of catastrophic events. Moreover, regulations related to carbon emissions are becoming more and more stringent. Earlier this year, the U.S. Environmental Protection Agency (EPA) has proposed a new plan to curb pollution from domestic power plants. The objective is to reduce emissions by 30% by 2030 from 2005 levels. If this proposal goes into effect, electric utilities relying primarily on coal and without adequate retrofit to scale down the carbon footprint will be the worst affected. The construction of Exelon's nat gas units will begin in 2015 and the facilities are expected to come into service in 2017. The combined cycle nat gas plants will boost the company's green power generation and make it more regulatory compliant. In addition to Exelon, other utility operators are also working towards lowering their carbon footprint. NRG Energy Inc. ( NRG ) has recently tied up with Green Mountain Power Corporation to promote the use of renewables (read: NRG Energy, Green Mountain Power Promote Renewables ). Dominion Resources, Inc. ( D ) has also inked a contract with EDF Renewable Energy to acquire two solar energy projects (read: Dominion Resources to Acquire 2 Californian Solar Farms ). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Dow Falls More Than 1%; Westport Innovations Shares Dip On Weak Forecast Midway through trading Wednesday, the Dow traded down 1.03 percent to 16,866.93 while the NASDAQ declined 1.01 percent to 4,448.15. The S&P also fell, dropping 0.71 percent to 1,958.31. Leading and Lagging Sectors In trading on Wednesday, utilities shares were relative leaders, up on the day by about 0.88 percent. Top gainers in the sector included Exelon (NYSE: EXC ), up 3.4 percent, and NRG Energy (NYSE: NRG ), up 2.7 percent. Industrials sector was the top decliner on Wednesday. Top losers in the sector included American Science & Engineering (NASDAQ: ASEI ), down 9.7 percent, and Chart Industries (NASDAQ: GTLS ), off 10 percent. Top Headline Ford Motor Co (NYSE: F ) reported a 3% drop in its US sales in September. Ford sold 180,175 cars and light trucks in the US in the month. Ford brand vehicle sales fell 3.2% to 172,918, while Lincoln sales climbed 12.7% to 7,257 in the month. Equities Trading UP Angie's List (NASDAQ: ANGI ) shares shot up 22.29 percent to $7.79 on reports that the company has hired investment bankers to explore strategic options, which would include a sale of the company, according to the Financial Times. Analysts at Northland Securities upgraded Angie's List from Underperform to Market Perform. Shares of NewLink Genetics (NASDAQ: NLNK ) got a boost, shooting up 6.16 percent to $22.74 on report of US Ebola case in Dallas. RCS Capital (NYSE: RCAP ) shares were also up, gaining 7.24 percent to $24.15 after the company announced its plans to acquire Cole Capital for $700 million. Equities Trading DOWN Shares of Westport Innovations (NASDAQ: WPRT ) were down 23.41 percent to $8.05 after the company offered technology, investment, market and sales update. The company lowered its full-year revenue forecast. Automatic Data Processing (NASDAQ: ADP ) shares tumbled 13.30 percent to $72.03 after the company closed the spinoff of CDK Global. American Science & Engineering (NASDAQ: ASEI ) was down, falling 9.72 percent to $49.99 after the company announced its plans to lower its workforce by around 10% to reduce operating expenses. The company also expected to post a net loss for the second quarter. Commodities In commodity news, oil traded up 1.71 percent to $92.72, while gold traded up 0.57 percent to $1,218.50. Silver traded up 1.63 percent Wednesday to $17.34, while copper rose 0.62 percent to $3.03. Eurozone European shares were lower today. The eurozone's STOXX 600 declined 0.83 percent, the Spanish Ibex Index fell 0.67 percent, while Italy's FTSE MIB Index slipped 0.89 percent. Meanwhile, the German DAX dropped 0.97 percent and the French CAC 40 fell 1.15 percent while UK shares fell 0.98 percent. Economics The MBA reported that its index of mortgage application activity fell 0.2% in the week ended September 26. Private-sector employers added 213,000 jobs in September, according to Automatic Data Processing Inc. However, economists were projecting an addition of 210,000 jobs. The final reading of Markit manufacturing PMI fell to 57.50 in September, versus a prior reading of 57.90. However, economists were expecting a reading of 57.90. The ISM manufacturing composite index fell to 56.60 in September, versus a prior reading of 59.00. However, economists were expecting a reading of 58.50. US construction spending fell 0.80% in August, versus economists' expectations for a 0.50% gain. \u00a9 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Free Trading Education - Check out the free events taking place on Marketfy this week. Spaces are limited. Sign up today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""This Is How You Know Hydrogen Fuel Cells Are Readying for the Big Time Hydrogen fuel cells represent a fantastic technology that has great promise, but so far hasn't delivered on many of the biggest dreams of its proponents. However, that may be slowly changing. Niche applications like Plug Power's fuel-cell powered fork lifts and FuelCell Energy's small industrial installations are still huge opportunities. But the push toward utility scale projects, which is starting to gain traction, is the key area for taking the technology mainstream. Clean, reliable, and in the background While some hydrogen fuel cell optimists have long looked at the consumer auto market and seen a potential goldmine, the technology still hasn't hit the mainstream. That's why Plug Power's niche approach has been such a winner, offering industrial customers a better mouse trap-or in this case fork lift. It's a boring market, but one in which hydrogen cells offer enough advantages to make converts of major corporations around the world, like Wal-Mart , Procter & Gamble , and BMW, among many others. Plug Power is even breaking into new industrial niches, including refrigerated trucks with Sysco and airport equipment with FedEx . These are all huge opportunities, but ones that sit in the background. They are easily overlooked by the populous that they benefit. Even FuelCell's systems have so far largely been limited to the background. For example, FuelCell installed a 600 kilowatt hydrogen system at an onion farm. It runs off of onion waste and, thus, is a great benefit to the environment and Gills Onions, but it's hardly front-page news. The big leagues Bringing the technology closer to the mainstream, Sprint has made an effort to use hydrogen systems as power backups for its cell towers. And, perhaps even more impressive, Verizon has been using Bloom Energy hydrogen power cells to provide electricity to three of its facilities in California. Even these types of projects, however, don't have the same impact of working at the utility scale, though they show the potential. And that potential is starting to gain traction. For example, Bloom Energy has signed a deal with Exelon in which the utility will help finance 75 installations of Bloom's technology at industrial sites on the East and West Coasts. Clearly, utilities are starting to see some value in getting more involved in the hydrogen fuel cell market. Bloom has also signed a deal with WGL Holdings to build a 2.6 megawatt project in California. The power will be sold to Santa Clara County under a 20-year power purchase agreement. Essentially, Bloom is working with WGL to build a utility scale hydrogen fuel cell power plant. Only it's still a relatively tiny project. For comparison, Duke Energy's Edwardsport coal plant, completed last year, has a capacity in excess of 600 megawatts. (Source: ReubenGBrewer, via Wikimedia Commons) That said, South Korean POSCO Energy has a fuel cell plant with a capacity of 59 megawatts. Still just a fraction of Duke's Edwardsport plant, but proving that the technology can be scaled up. Cost, of course, plays a big part in that. South Korea imports nearly 100% of the fuels used to power its economy. Fuel cells, which can be powered with such things as onion waste, make a lot of sense in that situation. However, with natural gas still historically cheap in the United States, they are a harder sell domestically. Fuel cells: Big time or not? The answer to the \""big or not\"" question depends on your view. Plug Power and FuelCell are exploiting niche markets with great success. It's hard to call that a failure, even though most people don't realize that it's happening. That said, utility scale projects are still not ready to replace large power plants-POSCO's 59 megawatt plant, the largest in the world, is impressive, but still relatively small. But, as more and more utilities dabble with fuel cells, the more likely it will be that the technology starts to take off at the utility level. So are they ready for the big time? Not just yet, but it looks increasingly like they will be sooner rather than later. Do you know this energy tax \""loophole\""? You already know record oil and natural gas production is changing the lives of millions of Americans. But what you probably haven't heard is that the IRS is encouraging investors to support our growing energy renaissance, offering you a tax loophole to invest in some of America's greatest energy companies. Take advantage of this profitable opportunity by grabbing your brand-new special report, \"" The IRS Is Daring You to Make This Investment Now! ,\"" and you'll learn about the simple strategy to take advantage of a little-known IRS rule. Don't miss out on advice that could help you cut taxes for decades to come. Click here to learn more. The article This Is How You Know Hydrogen Fuel Cells Are Readying for the Big Time originally appeared on Fool.com. Reuben Brewer has no position in any stocks mentioned. The Motley Fool recommends Exelon, FedEx, Procter & Gamble, and Sysco. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-10-02,18.4622,18.7298,18.4231,18.6019,"[""VPU, SO, EXC, AEP: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Utilities ETF (Symbol: VPU) where we have detected an approximate $55.0 million dollar outflow -- that's a 3.3% decrease week over week (from 18,180,621 to 17,580,621). Among the largest underlying components of VPU, in trading today Southern Company (Symbol: SO) is up about 0.7%, Exelon Corp. (Symbol: EXC) is up about 0.6%, and American Electric Power Company, Inc. (Symbol: AEP) is up by about 0.6%. The chart below shows the one year price performance of VPU, versus its 200 day moving average: Looking at the chart above, VPU's low point in its 52 week range is $80.58 per share, with $96.82 as the 52 week high point - that compares with a last trade of $92.03. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon's (EXC) Stable Liquidity Aids Expansion Program - Analyst Blog On Sep 26, we have issued an updated research report on Exelon Corporation ( EXC ). The utility provider's stable financial position, systematic investments in inorganic and organic growth project, and focus on expanding renewable asset base are expected to drive its forthcoming performance. However, we are concerned about stringent government regulations and commodity price volatility, which might deter growth substantially. Exelon's earnings and revenues in the second quarter of 2014 surpassed the Zacks Consensus Estimate, primarily on the back of higher sales from Commonwealth Edison Company and Generation businesses. However, the bottom line decreased year over year mainly due to a decline in realized prices, and higher operations and maintenance expenses. Exelon maintains a stable liquidity position. As of Jun 30, 2014, the company had a cash balance of $1.36 billion and $6.3 billion available under credit facilities. Such a strong financial profile will support Exelon's ongoing growth projects. Exelon is currently following an acquisition-driven growth strategy. In Jul 2014, the company entered into an agreement to acquire Integrys Energy Services Inc. from Integrys Energy Group, Inc. ( TEG ). Upon customary approvals, the transaction will likely be completed between fourth-quarter 2014 and first-quarter 2015. It will allow the company to strengthen its retail power and gas operations. Exelon is also working on the acquisition of Pepco Holdings, Inc. ( POM ). This acquisition is expected to be concluded in the second or third quarter of 2015. It will enable Exelon to expand its footprint in the Mid-Atlantic region. In addition, Exelon continues to upgrade its utility systems, install smart meters and smart grids, and add new facilities to its portfolio. Collectively, these efforts will allow Exelon to provide reliable services to its customers. Like its peer, NRG Energy, Inc. ( NRG ), Exelon invests substantially to expand its renewable properties. Under renewable investments, the company's Generation unit plans to spend $0.26 billion in 2014. On the downside, Exelon's generation and energy delivery businesses are highly regulated. Any change in state and federal regulations might disrupt the company's operations adversely, and subsequently impact its performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report INTEGRYS ENERGY (TEG): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-10-03,18.6303,18.6967,18.3976,18.682,
EXC,2014-10-06,18.7348,18.768,18.5384,18.6303,
EXC,2014-10-07,18.5873,18.9712,18.5267,18.6176,
EXC,2014-10-08,18.682,19.2067,18.644,19.1921,
EXC,2014-10-09,19.2067,19.2712,18.6253,18.637,"[""Should You Add Utilities to Your Portfolio Now? - Industry Outlook The utility industry offers a number of positive attributes that make it an attractive investment option, particularly in times of uncertainty in the market, like what we are going through at present. Stable revenues and cash flows and steadily growing dividends make utility stocks ideal investments for investors with low-risk appetites. The sector has been one of the best performers lately, up more than double the gains for the S&P 500 index in the year-to-date period. Here are some of the key attributes for Utility sector stocks: Strengths Growing Demand The biggest positive as well as the fundamental strength of the utilities is that there is hardly any viable substitute for their services. The global invasion of electrical gadgets and therefore the endless need for electricity and utility services is an added advantage. Over the coming decade, we foresee higher usage of hybrid vehicles which in a way would increase the consumption of electricity and lower the pollution level. A number of big automobile companies like General Motors Co. ( GM ) and Toyota Motors Corp. ( TM ) are the front-runners in the creation of hybrid vehicles. The usage of these vehicles on a larger scale could create additional demand in the utility sector. Regular Dividend The utility operators generate more or less stable earnings unless there are severe factors disrupting their operations. These operators likewise reward their shareholders through the payment of stable and growing dividends. This was evident during the economic crisis of 2008-2009 when these operators paid dividends without fail even as companies in a number of industries cut their payouts. Focused R&D In their pursuit to improve the standard of services, utility operators have relentlessly pursued research and development work. Keeping the rise in demand and efficient use of power in mind, the operators have brought new smart meters, transmission and distribution lines, and gas pipelines into operation. FirstEnergy Inc. ( FE ) and American Electric Power ( AEP ) are among the other distinguished operators in the utility space to continue investing in maintenance and strengthening existing operations. Utility operators are also benefiting from ongoing research work in the solar photovoltaic (PV) sector. Solar energy is a growing alternate energy source and the new solar cells with higher conversion rates allow operators to generate more power with fewer solar panels. This enables the operators to lower the cost of generating power from alternate sources as these are generally more expensive than fossil fuel sources. Mergers and Acquisitions Apart from spreading business organically, the players in the utility space make strategic mergers and acquisitions, which lead to cost synergies and better utilization of resources. We believe that in a mature energy market like the United States, mergers and acquisitions represent a sure way to enhance market share. This activity expands market reach through the usage of transmission and distribution lines, diversifies the generation portfolio of the companies and also lowers operating costs through the usage of common back office space to control the expanded operation. In one of the mega-mergers in this space, in 2012, Duke Energy Inc. ( DUK ) acquired Progress Energy for nearly $26 billion to form one of the largest electric utilities in the U.S. The nuclear fueled energy supplier Exelon Corp. ( EXC ), to further expand its footprint in the U.S., has decided to acquire Pepco Holdings Inc. ( POM ) for a total consideration of nearly $7 billion. A premier diversified utility Wisconsin Energy Corp. ( WEC ) has inked a definitive agreement to acquire Integrys Energy Group, Inc. ( TEG ). Wisconsin Energy will invest a total of $9.1 billion, consisting of cash, stock and assumed debt. Utility Services Have No Alternative A big positive for the utility operators is that there is hardly any viable substitute for the services these provide. We can have different fuel types like coal, oil, natural gas, nuclear power and renewable sources to produce electricity, but do not have any alternative to electricity. Similarly, clean water does not have any substitute. This is perhaps the most vital driving factor for the industry. To Sum Up Despite ever stringent regulatory constraints, utilities offer investors a safe investment option. The inherent capital intensity of the business creates barriers to entry for new players. In fact, it wouldn't be wrong to call utilities government-sanctioned monopolies where the public sector guarantees them a minimum return on investment over a long period of time. The non-cyclical and low-risk nature of these stocks make them perfect diversification instruments in any well-diversified portfolio. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WISC ENERGY CP (WEC): Free Stock Analysis Report INTEGRYS ENERGY (TEG): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report AMER ELEC PWR (AEP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon and Pepco Holdings Merger Approved by Virginia SCC - Analyst Blog Exelon Corporation ( EXC ) and Pepco Holdings, Inc. ( POM ) have received the green signal from the Virginia State Corporation Commission (SCC) for their proposed merger. Why is the SCC Approval Important? Pepco Holdings' Potomac Electric Power Company (Pepco) and Delmarva Power & Light Company (DPL) provided distribution services in Virginia. They still hold a few transmission assets in the state. This necessarily required the approval from the SCC. With the nod from the state commission under their belt, the utilities have progressed on the proposed merger. Exelon-Pepco Merger Recap On Sep 23, 2014, Pepco Holdings' shareholders approved the $6.8 billion deal. The merger news was initially flashed on Apr 30. For more details read: Pepco Holdings Shareholders Clear the Exelon Merger Deal and Exelon Corp. to Acquire Pepco, Expand in Mid-Atlantic . Pending Approval from the Commissions The companies are currently waiting to receive approvals for the proposed merger from several commissions, including the Federal Energy Regulatory Commission (FERC), Maryland Public Service Commission, Delaware Public Service Commission, Public Service Commission of the District of Columbia and New Jersey Board of Public Utilities. Upon customary approvals, the transaction is expected to close either in the second quarter or third quarter of 2015. Leading Mid-Atlantic Utility in the Making Upon approval, the combined entity will become a leading utility firm in the Mid-Atlantic region and serve around 10 million electricity and gas customers. Exelon's units - Baltimore Gas and Electric Company (BGE), Commonwealth Edison Company (ComEd) and PECO Energy Company (PECO) - will merge with Pepco Holdings' Atlantic City Electric Company (ACE), DPL and Pepco. The Benefits Both Exelon and Pepco Holdings, along with their customers and residents of the Mid-Atlantic states, stand to benefit from the proposed transaction. The consolidated entity will bring about economies of scale with the ability to efficiently execute long-term growth plans while creating new jobs and boosting the economy in Delaware, Maryland, New Jersey and Washington, D.C. Though Exelon currently has a significant presence in the Mid-Atlantic, the proposed deal will allow the company to further solidify its operations in the region. Exelon is creating a customer benefit fund, worth $100 million, for the public service commissions in Pepco Holdings' service territories. The fund will be used by Pepco Holdings' customers in terms of rate credits, assistance programs and energy efficiency. Exelon will also allocate $50 million for charitable activities in Pepco Holdings' service territories over the next decade. Deals in the Utility Sector An inorganic expansion strategy is currently acting as the easiest approach for the utilities to expand their operations. In Jun 2014, Wisconsin Energy Corporation ( WEC ) inked a definitive agreement to acquire Integrys Energy Group, Inc. ( TEG ) for $9.1 billion. Subject to customary approvals, the transaction is expected to close in the summer of 2015. Zacks Rank Exelon currently has a Zacks Rank #3 (Hold) while Pepco Holdings holds a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WISC ENERGY CP (WEC): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report INTEGRYS ENERGY (TEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-10-10,18.7221,18.9487,18.6253,18.6537,
EXC,2014-10-13,18.6868,18.8266,18.257,18.2677,
EXC,2014-10-14,18.3488,18.6868,18.2434,18.5501,"Duke Energy North Carolina Solar Farm Starts to Install Panels - Analyst Blog Duke Energy Renewables, a unit of Duke Energy Corporation ( DUK ), is progressing well with its Capital Partners Solar Project, an eastern North Carolina-based 52-megawatt (MW) AC solar photovoltaic (PV) project. SunEnergy1, the engineering, procurement and construction (EPC) provider for the project, has commenced the installation of the solar panels supplied by JinkoSolar Holding Co., Ltd. ( JKS ) at the Phase I of the project. Pasquotank County-based Phase I signifies the first 20-MW of the project and is expected to be online by 2014. For Phase I, JinkoSolar has supplied 92,000 units of solar panels, including JKM300P-72 and JKM305P-72 modules. The news of this latest project was initially flashed on Jun 24, 2014. The output from the facility will be purchased by its three customers - George Washington University, American University and the George Washington University Hospital. Customer First Renewables, an innovative renewable energy integrator, has designed and facilitated the agreement. The entire project is expected to conclude in 2015, taking into account the completion of two other sites. Upon completion, the Capital Partners Solar Project is expected to reduce carbon dioxide emission by around 60,000 metric tons compared with the traditional mode of power generation. It will be the largest solar PV facilities east of the Mississippi River. This project will be the company's 14th solar facility in North Carolina. Like its peers Exelon Corp. ( EXC ) and NRG Energy, Inc. ( NRG ), Duke Energy is currently constructing innovative solar and wind energy generation projects across the U.S. In Sep 2014, Duke Energy stated that it will invest $0.5 billion in several solar power projects, amounting to a total capacity of 278 MW in North Carolina. The company plans to invest around $2 billion through 2018 to boost its renewable portfolio. Duke Energy's systematic investment in renewable ventures is in sync with the U.S. Environmental Protection Agency's Clean Power Plan, announced in Jun 2014. As of Jun 30, 2014, Duke Energy had cash and cash equivalents of around $2 billion backed by a strong cash generation capacity. A strong financial position allows the company to diversify its generation mix, thereby meeting mounting environmental mandates. Duke Energy currently has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report JINKOSOLAR HLDG (JKS): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-10-15,18.6176,18.7514,17.8349,18.172,
EXC,2014-10-16,17.9102,18.4505,17.7128,18.257,"[""Xcel Energy Hits 52-Week High on Rising Sales - Analyst Blog Xcel Energy Inc. ( XEL ) touched a 52-week high of $32.99 per share on Oct 15, with a traded volume of 6.6 million shares. The shares finally closed a tad lower at $32.22 per share. Xcel Energy posted positive earnings surprises in three of the last four quarters although missing out in the most recent quarter by 4.9%. The average earnings beat of the company in the last four quarter is 0.97% and the long-term earnings growth rate is 4.16%. The company continues to invest in infrastructural upgrades with an estimated capital expenditure of $2.9 billion in 2014. Over the next five years, Xcel Energy plans to invest $14.1 billion in transmission, generation and distribution projects. In addition, Xcel Energy is expanding its generation mix to include more renewables. With the U.S. market leaning towards green energy, Xcel Energy's large-scale clean energy projects will prove beneficial in the long run. The company has set a target of reducing carbon emission by 30% by 2020. The company is expected to complete its two wind projects in 2015 and it has also issued request for proposals for installation of 100 MW of solar power by 2016. This drive to spur renewables is now seen to be an industry-wide phenomenon. In the face of stringent government regulations, utility companies like Exelon Corp. ( EXC ), Duke Energy Corp. ( DUK ) and NRG Energy, Inc. ( NRG ) are also stepping up their renewable energy portfolio. The economy in Xcel Energy's service territory has witnessed significant improvement when compared with the nation as a whole. This optimism in the market converts to higher sales and better performance for the company. Xcel Energy also looks attractive in terms of valuation, as its price-to-earnings ratio of 16.36 is at a discount to the industry average. The dividend yield of 3.67% also beats its peer average. The overall liquidity position is favorable at $1.5 billion. Minneapolis, MN-based Xcel Energy is an electricity and natural gas company, with operations in eight states. The company through its four regulated utility subsidiaries serves about 3.5 million electricity customers and almost 1.9 million natural gas customers. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report XCEL ENERGY INC (XEL): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon & Partners to Build Clean Power Demonstration Plant - Analyst Blog Exelon Generation, a unit of Exelon Corporation ( EXC ), will construct a clean energy demonstration plant, in partnership with Chicago Bridge & Iron Company N.V. ( CBI ), 8 Rivers Capital, LLC, Toshiba Corp. and NET Power, LLC, in Texas. The 50-megawatt thermal (MWt) plant will authenticate the first natural gas power generation system in the world. The parties have already finalized technology development, and operations and maintenance agreements to build this first-of-a-kind power plant. The project designing activities had commenced as early as 2010. The commissioning of the project is expected to start in 2016 and complete in 2017. Upon completion, the plant will be able to generate power without producing any atmospheric emissions like carbon dioxide. It will therefore not require installing carbon capture equipment. The clean power farm is valued at $140 million, which will be financed by Exelon and Chicago Bridge & Iron Company through a combination of cash and other types of contributions. The project cost includes designing and building the farm, developing technology, and testing and operating the plant. The partners will provide support to the power project in their own ways. Exelon will engage in operating and maintaining the power farm while Chicago Bridge & Iron Company will offer engineering, procurement and construction services. A new supercritical carbon dioxide turbine, manufacturing by Toshiba, will be utilized at the power project. NET Power's Allam Cycle technology will be executed at the facility. 8 Rivers Capital will offer continued technology development services and intellectual property for the project. Like its peers NRG Energy, Inc. ( NRG ) and Duke Energy Corp. ( DUK ), Exelon continues to invest substantially to pursue multiple measures, including the installation of pollution control measures at its power generating systems and addition of renewable assets to curb carbon emission during power generation. These initiatives are in compliance with the U.S. Environmental Protection Agency's Clean Power Plan, announced in Jun 2014. Exelon maintains a strong financial position, with a cash balance of $1.36 billion and an availability of $6.3 billion under its credit facilities as of Jun 30, 2014. A stable liquidity profile will enable the company to follow a systematic capital investment strategy for its infrastructure development projects. Exelon currently has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report CHICAGO BRIDGE (CBI): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-10-17,18.3909,18.6176,18.1788,18.4133,"Is It Time to Buy Duke Energy Corp? Beyond the numbers Duke Energy Corp is undergoing a major renovation . After an initial ""intent-to-sell"" press release in February, Duke officially announced in August that it would sell its merchant generation business to Dynegy for $2.8 billion. CEO Good made clear that Duke didn't see a place for the ""volatile low returns"" it's recently experienced. Au contraire , Duke Energy is looking elsewhere for growth . Most notably, the company has been closing down coal-fired power plants and investing in natural gas plants, pipelines, and renewable energy. In the past three years, Duke has shuttered 3,836 MW of old coal plants, with another 2,466 MW on the chopping block for the next four years. At the same time, it's added on 2,760 MW in natural gas generation capacity in the last two years alone. And while renewables generation still pales in comparison, Duke has spent a sizable $3 billion on more than 1,000 MW of wind and solar projects since 2007. Duke's also got a few proposed megaprojects up its sleeve that, if approved, could stir things up even more. A Southeast natural gas pipeline would expand Duke Energy's natural gas infrastructure, and a proposed $8 billion wind power project for Los Angeles would forever change America's renewables energy perception. Is Duke Energy a buy? From the numbers alone, Duke Energy sends some mixed messages . Its cash doesn't come cheap, but its dividend is everything an investor could hope for. On the non-numeric front, Duke has an exciting future planned out for itself. But plans are no more than plans, and investors should be prepared to swallow more volatility than they might with an Exelon Corporation or The Southern Company investment. So, is Duke Energy Corp a buy? It depends on your risk aversion and appetite for growth. Its valuation isn't prohibitive, but this utility isn't exactly a dividend deal. If you're in it for the long haul and can handle a rockier road, Duke may be the stock for you. But if you prefer steadier (albeit smaller) growth, other dividend stocks may be better buys. Top dividend stocks for the next decade The smartest investors know that dividend stocks simply crush their non-dividend paying counterparts over the long term. That's beyond dispute. They also know that a well-constructed dividend portfolio creates wealth steadily, while still allowing you to sleep like a baby. Knowing how valuable such a portfolio might be, our top analysts put together a report on a group of high-yielding stocks that should be in any income investor's portfolio. To see our free report on these stocks, just click here . The article Is It Time to Buy Duke Energy Corp? originally appeared on Fool.com. Justin Loiseau has no position in any stocks mentioned. The Motley Fool recommends Exelon and Southern Company. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-10-20,18.3976,18.7514,18.3869,18.7406,
EXC,2014-10-21,18.852,18.9322,18.5676,18.7455,
EXC,2014-10-22,18.6537,18.9595,18.637,18.682,
EXC,2014-10-23,18.768,18.9126,18.6586,18.682,
EXC,2014-10-24,18.7406,19.2712,18.7025,19.1364,"Exelon Unit & OneEnergy to Build Solar Farm in Maryland - Analyst Blog Constellation Energy Resources, LLC., a subsidiary of Exelon Corporation ( EXC ), inked a 25-year competitive electricity supply agreement with the National Aquarium. Per the contract, the company will build a 4.3-megawatt (MW) (DC) grid-connected solar generation project, in collaboration with OneEnergy Renewables, spread over an area of 22 acres in Cambridge, MD. Constellation Energy will finance and operate the project. During the first year of operation, the solar facility will likely produce 5.8 million kilowatt hours of electricity, which will meet over 40% of the power requirement of the National Aquarium. The company will meet the remaining power requirement at the market rate under Constellation Energy's flexible index program. In addition, the National Aquarium will obtain solar renewable energy credits from the solar power system. The National Aquarium, a non-profit organization, is aimed to conserve the world's aquatic resources. Around 14,500 units of photovoltaic panels will be utilized in the facility. The solar farm is expected to reduce carbon dioxide emission by 4,409 tons annually. It is expected to complete in Mar 2015. This agreement will help the National Aquarium to use clean energy and manage its energy expenses more efficiently. Signing this long-term power supply agreement will also ensure a steady flow of income for Constellation Energy. Exelon continues to expand its renewable generation mix through the addition of infrastructure to its portfolio. In Jul 2014, Constellation Energy entered into an agreement with Huntington Beach, CA-based turnkey solar solutions provider PsomasFMG, to construct up to 50-MW of solar distributed generation projects in California. Exelon's Generation division plans to invest $0.26 billion in 2014 for renewable projects. The company's steady focus on strengthening renewable assets will enable it to maintain government's environmental regulations besides diversifying its generation mix. Exelon maintains a stable financial position. As of Jun 30, 2014, the company had cash and cash equivalents of $1.36 billion and $6.3 billion available under credit facilities. A balanced financial health will support Exelon's renewable as well as other growth projects. Exelon currently has a Zacks Rank #3 (Hold). Other better-ranked stocks worth considering in the same industry include American Electric Power Co., Inc. ( AEP ), Consolidated Edison, Inc. ( ED ) and NRG Energy, Inc. ( NRG ), each carrying a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMER ELEC PWR (AEP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report CONSOL EDISON (ED): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-10-27,19.0436,19.2223,18.7621,18.852,
EXC,2014-10-28,18.9214,19.1411,18.8109,19.1411,"Notable ETF Outflow Detected - XLU, SO, NEE, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $342.2 million dollar outflow -- that's a 5.2% decrease week over week (from 147,974,160 to 140,274,160). Among the largest underlying components of XLU, in trading today Southern Company (Symbol: SO) is off about 0.3%, NextEra Energy Inc (Symbol: NEE) is up about 0.1%, and Exelon Corp. (Symbol: EXC) is up by about 0.4%. The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $37.11 per share, with $44.74 as the 52 week high point - that compares with a last trade of $44.39. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-10-29,19.1578,19.2536,18.6751,18.896,"[""Exelon Beats on Q3 Earnings & Revenues, Narrows Guidance - Analyst Blog Exelon Corporation ( EXC ) announced third-quarter 2014 operating earnings of 78 cents per share, surpassing the Zacks Consensus Estimate of 71 cents by 9.8%. Operating earnings exceeded the guidance of 60 cents to 70 cents per share for the quarter. Exelon Corporation - Earnings Surprise | FindTheBest Better-than-expected earnings in the reported quarter were primarily due to a solid performance from its utility and generation businesses. Quarterly earnings were in line with the year-ago figure. On a GAAP basis, quarterly earnings were $1.15 per share compared with 86 cents per share a year ago. The difference between GAAP and adjusted operating earnings of 37 cents was due to the combined impact of certain non-recurring one-time adjustments. Worth mentioning among them is a gain of 18 cents from mark-to-market impact of economic hedging activities and 23 cents from plant retirements and divestitures. Total Revenue In third-quarter 2014, Exelon's total operating revenues of $6.67 billion beat the Zacks Consensus Estimate by 6.7%. Quarterly revenues were 4% higher than the comparable year-ago period. Quarterly Highlights In the quarter under review, Exelon's total operating expenses increased 2.8% year over year to $5.5 billion, mainly due to an increase in operating and maintenance expenses. Operating income was $1.2 billion, up 3.9% from the year-ago quarter. In the third quarter 2014, the company supplied 65,448 Gigawatt hours of electricity, up nearly 0.7% year over year. Segment Details Generation: Segment earnings in the third quarter were $433 million, up 5.3% year over year. The improvement was primarily due to higher realized energy prices, favorable portfolio management optimization activities, and the cancellation of nuclear fuel disposal fees. Commonwealth Edison Company (ComEd): Segment earnings in the third quarter were $126 million, down 0.8% year over year. The results were impacted by a milder summer which had a negative impact on demand. PECO Energy Company (PECO): Segment earnings in the third quarter were $81 million, down 12.9% year over year. The decline was primarily due to increased storm costs and unfavorable weather conditions. Baltimore Gas and Electric (BGE): Segment earnings in the third quarter were $46 million, down 9.8% year over year. The year-over-year decline was due to increased contracting as a result of an increase in maintenance related activities and incremental storm costs. Financial Update As of Sep 30, 2014, Exelon's cash and cash equivalents were $2.76 billion compared with $1.6 billion at the end of 2013. Long-term debt as of Sep 30, 2014 totaled $19.2 billion, up from $17.6 billion as of Dec 31, 2013. In the first nine months of 2014, net cash flows from operating activities were $3.64 billion compared with $4.39 billion in the year-ago period. Exelon's capital expenditure was $4.11 billion in the first nine months of 2014 compared with $3.89 billion in the year-ago period. Looking Ahead Exelon narrowed its 2014 earnings expectation to the range of $2.30 to $2.50 per share from $2.25 to $2.55 per share projected earlier. Hedges Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Sep 30, 2014 is 86%-89% for 2015 and 55%-58% for 2016. Other Company Releases American Electric Power Co., Inc.'s ( AEP ) earnings per share of $1.01 in the third quarter 2014 lagged the Zacks Consensus Estimate of $1.03 by 1.9%. CMS Energy Corporation ( CMS ) posted third-quarter 2014 earnings per share of 37 cents, short of the Zacks Consensus Estimate of 42 cents by 11.9%. Our View Exelon's investment in reliability programs has started to yield results as the energy capture from its wind/solar fleet increased to 94.9% in the third quarter of 2014, from 92.9% in the third quarter of 2013. Exelon also plans to expand its natural gas based power generation capacity by 2000 MW. We appreciate the company's move to expand its renewable and natural gas based power generation units. Since the announcement of the proposed acquisition of Pepco Holdings, Inc. ( POM ), Exelon has gained the necessary approvals from Pepco's shareholders and Virginia State Corporation Commission. The deal is expected close by the second half of 2015 and further expand Exelon's footprint in the Mid-Atlantic region. The regulated nature of their operations will give greater visibility on earnings going forward. Exelon Corporation holds a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report AMER ELEC PWR (AEP): Free Stock Analysis Report CMS ENERGY (CMS): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Southern Company Q3 Earnings Top on Robust Electricity Sales - Analyst Blog Electric utility firm Southern Company ( SO ) reported third quarter 2014 earnings per share (excluding certain one-time items) of $1.09, surpassing the Zacks Consensus Estimate of $1.07 and the year-ago adjusted profit of $1.08. The strong results could be attributed to higher electricity usage on the back of favorable weather conditions, as well as robust industrial activity. These positives were partially offset by spiraling non-fuel operations and maintenance expenses. The Southern Company - Earnings Surprise | FindTheBest The Atlanta, GA-based power supplier's quarterly revenue - at $5,339 million - came 6.4% higher than the third quarter 2013 level of $5,017 million. However, it failed to surpass the Zacks Consensus Estimate of $5,396 million. Overall Sales Breakup Closer-to-normal temperatures boosted Southern Company's electricity demand. This brought about an upward movement in overall electricity sales and usage. Total electricity sales during the third quarter improved 7.7% from the same period last year. Southern Company's total retail sales rose by 3.6%, reflecting higher demand from residential customers, which increased by 5%. Commercial sales registered a year-over-year upward movement of 1.1%. In particular, industrial sales were up by a healthy 4.8%, lifting Southern Company's third quarter earnings. With approximately a third of the company's total retail sales coming from industrial customers, direction of the economy significantly affects the fortunes of Southern Company, as compared to other utilities that are less dependent on the industrial component. Expenses Summary Southern Company's operations and maintenance cost jumped 10% to $1,021 million, while the company's total operating expense for the period - at $4,061 million - was approximately 15.2% higher than the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. ( EXC ) and Duke Energy Corp. ( DUK ) - currently retains a Zacks Rank #2 (Buy), implying that it is expected to outperform the broader U.S. equity market over the next one to three months. Apart from Southern Company, one can look at Black Hills Corp. ( BKH ) as a good buying opportunity. This electric utility stock - sporting a Zacks Rank #1 (Strong Buy) - offers tremendous value and is worth buying now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SOUTHERN CO (SO): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report BLACK HILLS COR (BKH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-10-30,19.0132,19.703,18.9917,19.6571,"[""Xcel Energy (XEL) Lags Q3 Earnings, Revenue Estimates - Analyst Blog Xcel Energy Inc. ( XEL ) recorded operating earnings of 73 cents per share in the third quarter 2014, falling short of the Zacks Consensus Estimate of 76 cents by nearly 3.9% and also lagging the year-ago earnings by 5.2%. Earnings declined on account of unfavorable weather. Xcel Energy Inc - Earnings Surprise | FindTheBest Total Revenue Xcel Energy's total revenue increased 1.7% year over year to $2,869.8 million in the reported quarter. Quarterly revenue, however, missed the Zacks Consensus Estimate of $3,108 million by 7.7%. Segment Revenue Electric: Revenue from this segment increased a marginal 0.6% year over year to $2,616.3 million. Natural Gas: Revenue from the Natural Gas business escalated 16.7% to $239.6 million. Other: Segment revenue of $16.8 million in the reported quarter decreased 1.5% from $17.1 million in the year-ago period. Quarterly Highlights Total operating expenses climbed 2.2% year over year to $2,204.1 million. The increasing costs can be attributed to a rise in cost of natural gas sold and transported, program expenses and depreciation and amortization charges. Operating income increased a slight 0.1% year over year to $665.7 million. Total interest charges and financing costs, after Allowance for funds used during construction (\""AFUDC\""), decreased 1.4% year over year at the end of the third quarter 2014 to $133.3 million. Financial Update Total debt as of Sep 30, 2014, was $12.4 billion out of which long-term debt was $11.5 billion. In Mar 2014, Xcel Energy issued $300 million of 4.30% first mortgage bonds due Mar 15, 2044. Again in May 2014, Xcel Energy issued $300 million, 4.125% first mortgage bonds due May 15, 2044. In Jun 2014, Xcel Energy issued $150 million, 3.30% first mortgage bonds due Jun 15, 2044. In the same month, Xcel Energy sold $100 million, 3.30% first mortgage bonds due Jun 15, 2044. Guidance Xcel Energy revised its 2014 earnings guidance to the range of $1.95 to $2.05 per share from the previous guidance of $1.90-$2.05 per share. The company initiated 2015 earnings guidance in a range of $2.00-$2.15 per share. Xcel Energy expects capital expenditure from 2015 through 2019 to be around $14.5 billion. Other Company Releases CMS Energy Corp. ( CMS ) reported third-quarter 2014 adjusted earnings per share of 37 cents, lagging the Zacks Consensus Estimate of 41 cents by 9.8%. Wisconsin Energy Corp. ( WEC ) posted third-quarter 2014 adjusted earnings of 57 cents per share, surpassing the Zacks Consensus Estimate by 11.8%. Exelon Corp. ( EXC ) reported third-quarter 2014 operating earnings of 78 cents per share, surpassing the Zacks Consensus Estimate of 71 cents by 9.8%. Our View Xcel Energy missed our earnings estimates as rising expenses completely offset the benefit derived from the new rates. Revenues in the quarter also failed to impress as summer temperatures remained cooler than normal. Three out of four of Xcel Energy's regulated utility subsidiaries incurred a loss. A large portion of the company's capital expenditure from 2015-2019 will be directed towards electric transmission and generation business. Investments in quality maintenance will help the company to provide reliable services to its customers. However, uncertainty associated with regulatory rate cases might restrain the company from achieving its guidance. Xcel Energy currently carries a Zacks Rank #4 (Sell). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report XCEL ENERGY INC (XEL): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report CMS ENERGY (CMS): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Utility bulls are charging into Exelon Utilities have been running, and the bulls are chasing Exelon. optionMONSTER's Heat Seeker monitoring program detected the purchase of more than 2,600 January 39 calls for $0.35 to $0.40. Volume is almost triple open interest at the strike, which indicates new positions were initiated. Long calls lock in the price where investors can buy shares in the Chicago-based generating company. That way, they'll profit from a rally while jeopardizing only the low premium if the stock declines. (See our Education section for more on managing risk with options.) EXC is up 3.77 percent to $36.61 in afternoon trading and is up almost 18 percent in the last three months. In addition to surpassing the S&P 500's 1 percent gain over the same period by a wide margin, that also makes it the second-best performing member of the utility sector, according to our researchLAB market scanner. The entire group has been leading the market as falling interest rates increase the appeal of their dividend payments. There was also highly bullish activity today in American Electric Power, a Columbus, Ohio-based holding company, and New Orleans-based generator Entergy. November contracts in NextEra Energy cited last week have appreciated more than 50 percent as well. Total option volume in EXC is triple average amounts so far today, with overall calls outnumbering puts by more than 6 to 1. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright \u00a9 2010 OptionMonster\u00ae Holdings, Inc. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-10-31,19.7588,19.7588,19.3865,19.5975,"[""TECO Energy Q3 Misses Earnings, Narrows Guidance - Analyst Blog TECO Energy, Inc. ( TE ) announced third-quarter 2014 operating earnings of 32 cents per share, missing Zacks Consensus Estimate by a penny. Earnings rose 6.7% from the year-ago figure. According to GAAP, quarterly earnings were 4 cents per share compared with 29 cents per share in the year-ago comparable period. Teco Energy, Inc - Earnings Surprise | FindTheBest Total Revenue Total revenues at TECO Energy in the third quarter 2014 were $687.2 million, short of the Zacks Consensus Estimate of $853 million. Total revenues in the reported quarter increased 7% year over year. The upside was attributable to higher revenues from regulated electric and gas operations. Operational Highlights Total expenses increased 8.2% year over year to $541.5 million. Rising cost resulted from higher regulated operations as well as other operations & maintenance charges. Interest expenses in the quarter were $44.4 million, 8.6% higher than $40.9 million in the year-ago quarter. Segment Details Tampa Electric: Segment net income was $79.7 million, up from $50.6 million in the year-ago quarter. The upside can be attributed to a base rate settlement, a 1.6% expansion in the customer base as well as higher energy sales attributable to favorable weather and customer growth. However, higher operations and maintenance expenses were a partial dampener. Peoples Gas: Segment net income was down 11.1% year over year to $4.8 million. The decline stemmed from higher non-fuel operations and maintenance expense, employee-related costs, depreciation and amortization charges and compensation to employees. These were partially offset by higher therm sales to commercial and industrial customers and 1.9% growth in the customer count. Parent & Other: Cost from continuing operations in the reported quarter was $10.6 million compared with a cost of $9.8 million in the corresponding quarter of 2013. Financial Update Cash and cash equivalents as of Sep 30, 2014, were $72.7 million, down from $185.2 million as of Dec 31, 2013. Capital expenditure in the reported quarter was $171.5 million, higher than $121.3 million spent in the third quarter of 2013. Cash flow from operating activities in the third quarter 2014 was $245.2 million, up from $218.3 million during the prior-year period. Guidance TECO Energy narrowed its consolidated earnings per share guidance for 2014 to the band of $1.00-$1.05 from its previous guidance of 95 cents to $1.05. Peoples Gas maintained its expectation to earn above the midpoint of its allowed Return on Equity (ROE) range of 9.75% to 11.75%. The segment expects to benefit from customer switching from other sources of fuel to natural gas. Tampa Electric expects to earn toward the upper half of its authorized allowed ROE of 9.25% to 11.25%.This primarily is expected to be driven by the September rate case settlement and base revenues of $50.0 million in 2014. Other Company Releases CMS Energy Corp. ( CMS ) reported third-quarter 2014 adjusted earnings per share of 37 cents, lagging the Zacks Consensus Estimate of 41 cents by 9.8%. Wisconsin Energy Corp. ( WEC ) posted third-quarter 2014 adjusted earnings of 57 cents per share, surpassing the Zacks Consensus Estimate by 11.8%. Exelon Corp. ( EXC ) reported third-quarter 2014 operating earnings of 78 cents per share, surpassing the Zacks Consensus Estimate of 71 cents by 9.8%. Our View In the quarter under review, TECO Energy missed on both the top and bottom line. During the reported quarter, TECO Energy's newly acquired subsidiary, New Mexico Gas Co., commenced operations in September, which incidentally reported a loss of $0.9 million. Closing of sale of TECO Coal is yet to take place which will burden TECO Energy's margins by approximately $7.0 million. Going forward, TECO Energy expects average customer growth of 1.6% at Tampa Electric and anticipates 2014 operations and maintenance expenses to be lower than the 2013 level. New Mexico Gas Co. is expected to perform fairly for the rest of the current year. Though the spinning off of TECO Coal was a good move taken by the company, additional efforts will be required to boost its earnings. TECO Energy currently carries a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TECO ENERGY (TE): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report CMS ENERGY (CMS): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Will Pepco Holdings (POM) Beat Q3 Earnings on Rate Hike? - Analyst Blog We expect the electric utility Pepco Holdings, Inc. ( POM ) to beat expectations when it reports third-quarter 2014 results on Nov 5. The company's earnings surprise history looks unblemished over the trailing four quarters, with an average beat of nearly 15.7%. Why a Likely Positive Surprise? Our proven model indicates that Pepco Holdings will beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to be able to beat consensus estimates. That is the case here as you will see below. Positive Zacks ESP : Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is +4.76%. This is because the Most Accurate Estimate is at 44 cents per share while the Zacks Consensus Estimate is at 42 cents per share. Zacks Rank : The combination of Pepco Holdings' Zacks Rank #2 and +4.76% ESP makes us confident of an earnings beat this quarter. The Sell-rated stocks (#4 and 5) should never be considered going into an earnings announcement. What is Driving the Better-than-Expected Earnings? Similar to the second quarter, Pepco Holdings is expected to benefit from an improvement in electricity distribution and network transmission revenues, a reflection of the consistent investments made by the company to strengthen its infrastructure. During the third quarter, Maryland Public Service Commission approved an annual rate hike effective immediately. In addition, the recovery of smart meter costs in electric distribution base rates has begun in the District of Columbia and Delaware. The favorable regulatory decision is expected to benefit the company's earnings in spite of the cooler summer temperatures this year. In the to-be-reported quarter, the shareholders of Pepco Holdings gave their approval on the Exelon Corporation (EXC) merger deal. This deal is expected to be completed in the second half of 2015 and benefit both Exelon and Pepco customers. Other Stocks to Consider Pepco Holdings is not the only firm looking up this earnings season. We also see likely earnings beats coming from the following utilities: NRG Yield, Inc. ( NYLD ) has an earnings ESP of +75.44% and a Zacks Rank #1 (Strong Buy). Consolidated Edison, Inc. ( ED ) has an earnings ESP of +2.80% and a Zacks Rank #2 (Buy). Dynegy Inc. ( DYN ) has an earnings ESP of +260.00% and a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PEPCO HLDGS (POM): Free Stock Analysis Report DYNEGY INC-NEW (DYN): Free Stock Analysis Report CONSOL EDISON (ED): Free Stock Analysis Report NRG YIELD INC-A (NYLD): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-11-03,19.576,19.7294,19.3777,19.4959,
EXC,2014-11-04,19.4616,19.6044,19.2926,19.534,"[""PPL Corp. (PPL) Beats Q3 Earnings Estimates, Ups Guidance - Analyst Blog PPL Corporation ( PPL ) reported third-quarter 2014 adjusted earnings of 54 cents per share, surpassing the Zacks Consensus Estimate of 52 cents by 3.9%. Quarterly earnings decreased 18.2% year over year due to lower contribution from the UK Regulated, Kentucky Regulated and Supply segments. The Pennsylvania Regulated segment posted flat year-over-year performance in the quarter. Ppl Corporation - Earnings Surprise | FindTheBest On a GAAP basis, the company's earnings per share were 74 cents compared with 62 cents a year ago. The variance between GAAP and adjusted earnings was due to 16 cents gain for foreign currency-related economic hedges, a gain of 7 cents related to adjusted energy-related economic activity, a penny gain from the separation benefits, and a 4-cent charge for the change in tax valuation allowances and separation costs associated with the expected spin-off of PPL Energy Supply. Total Revenue In the third quarter, PPL Corporation's total revenue of $3.45 billion beat the Zacks Consensus Estimate by 20.2%. On a year-over-year basis, the top line surged 12.2% primarily on the back of higher revenues from the utility and unregulated wholesale energy business. Operational Highlights In the quarter under review, PPL Corporation's total operating expenses increased 15.8% year over year to $2,580 million, mainly due to higher energy purchase costs, and depreciation and energy-related business expenses. The company reported operating income of $869 million, up 2.7% from $846 million a year ago. Interest expenses in the third quarter stood at $258 million compared with $244 million in the prior-year quarter. Business Update PPL Corporation has been making considerable progress towards the spin-off of its competitive energy business and anticipates completing the Talen Energy Corporation transaction, in collaboration with an energy and power investment firm, Riverstone Holdings LLC., in the first or second quarter of 2015. Financial Update As of Sep 30, 2014, PPL Corporation had cash and cash equivalents of $1.19 billion versus $1.1 billion as of Dec 31, 2013. Long-term debt as of Sep 30, 2014 was $20.52 billion compared with $20.59 billion at the end of 2013. Net cash from operating activities in the first nine months of 2014 was $2.63 billion compared with $2.22 billion in the prior-year period. Guidance PPL Corporation increased its 2014 guidance for earnings from ongoing operations to $2.37-$2.47 per share from the previous projection of $2.20-$2.40 per share, considering the improved performance of regulated businesses and steady growth of the competitive energy supply operations. Other Peer Releases Edison International ( EIX ) reported third-quarter 2014 adjusted earnings of $1.52 per share, surpassing the Zacks Consensus Estimate of $1.35 by 12.6%. Exelon Corp. ( EXC ) announced third-quarter 2014 operating earnings of 78 cents per share, beating the Zacks Consensus Estimate of 71 cents by 9.8%. Public Service Enterprise Group Inc. ( PEG ) reported third-quarter 2014 operating earnings of 77 cents per share, surpassing the Zacks Consensus Estimate of 75 cents by 2.7%. Our View Though PPL Corporation's earnings decreased year over year, the company reported positive earnings surprises in last four quarters. We appreciate the company's systematic investments in upgrading transmission and distribution systems, and expanding its renewable portfolio. Collectively, these initiatives will allow PPL Corporation to provide reliable services to its customers and improve cash inflow, going forward. PPL Corporation currently has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PPL CORP (PPL): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report EDISON INTL (EIX): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pepco Holdings Up Slightly on Q3 Earnings Beat, Sales Fall - Analyst Blog Pepco Holdings, Inc. ( POM ) reported third-quarter 2014 results on Oct 31. Adjusted earnings of 46 cents per share surpassed the Zacks Consensus Estimate of 42 cents by 9.5%. Pepco Holdings, Inc - Earnings Surprise | FindTheBest Quarterly earnings rose 4.5% from 44 cents per share a year ago, primarily on the back of improved electricity distribution and benefits received from tax deductions associated with Pepco Energy Services' energy efficiency projects. On a GAAP basis, the company's earnings were 31 cents per share compared with 44 cents per share in the prior-year quarter. The variance between GAAP and adjusted earnings was due to the combined impact of an incremental merger-related transaction cost of 1 cent, a 1 cent incremental merger-related integration cost and a 13 cent impairment loss related to Pepco Energy Services' long-lived assets. The earnings beat left Pepco shareholders largely unmoved. Shares of Pepco Holdings edged up 0.2% following its third-quarter earnings release to close at $27.36 yesterday. Total Revenues In third-quarter 2014, Pepco Holdings' total revenues decreased 2.3% to $1,313 million from $1,344 million in the prior-year quarter. The milder summer temperature in its service territories impacted electric sales, as cooling degree days in the reported quarter decreased 4% from the prior year. Total revenues were lower than the Zacks Consensus Estimate of $1,347 million by 2.5%. Operational Highlights In the quarter under review, Pepco Holdings' total operating expenses increased 3.4% year over year to $1,147 million. Higher other services cost of sales and other operation and maintenance expenses led to the spike in operating expenses. Operating income in the reported quarter was $166 million, down 29.4% from $235 million a year ago. Pepco Holdings incurred $68 million of interest expenses in the reported quarter, in line with the prior-year period. In the reported quarter, the total regulated Transmission and Distribution( T&D) electric sales volume was 12,780 Gigawatt hour (GWh), down from the prior-year figure of 13,335GWh by 4.2%.The reduction in sales volume was primarily due to the milder summer impacting power demand. Pepco Holdings' total regulated gas sales volume was 2,224 thousand cubic feet in the reported quarter, in line with the prior year. The decline in demand from Transportation and Other was offset by better sales volume to Commercial and Industrial customers. Update on Merger During the third quarter, Pepco Holdings shareholders gave their approval for the merger with Exelon Corporation ( EXC ). In October, the merger deal received the go-ahead from the Virginia State Corporation Commission. Financials As of Sep 30, 2014, Pepco Holdings had cash and cash equivalents of $257 million compared with $23 million as of Dec 31, 2013. Long-term debt as of Sep 30, 2014 was $4,691 million compared with $4,053 million as of Dec 31, 2013. Guidance Pepco Holdings narrowed its 2014 earnings guidance to the range of $1.17-$1.27 per share from its earlier expectation of $1.12-$1.27 per share. In Oct 2014, Pepco Holdings' Power Delivery unit updated its capital expenditure forecast through 2019. Total Power Delivery capital expenditure for the five-year period is expected to be $6.6 billion, with $4.6 billion planned for distribution capital expenditures and $2 billion planned for transmission capital expenditures. Other Company Releases CMS Energy Corporation ( CMS ) reported third-quarter earnings of 37 cents per share, missing the Zacks Consensus Estimate of 41 cents by 9.8%. Pinnacle West Capital Corp. ( PNW ) reported third-quarter earnings per share of $2.20, outpacing the Zacks Consensus Estimate by 1.4% Our View Pepco Holdings currently has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CMS ENERGY (CMS): Free Stock Analysis Report PINNACLE WEST (PNW): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Noteworthy ETF Inflows: XLU, NEE, SO, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $459.2 million dollar inflow -- that's a 7.1% increase week over week in outstanding units (from 141,624,160 to 151,724,160). Among the largest underlying components of XLU, in trading today NextEra Energy Inc (Symbol: NEE) is up about 0.4%, Southern Company (Symbol: SO) is up about 0.1%, and Exelon Corp. (Symbol: EXC) is lower by about 0.5%. The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $37.11 per share, with $46.02 as the 52 week high point - that compares with a last trade of $45.69. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-11-05,19.6932,20.1925,19.5701,20.0958,"NRG Energy (NRG) Misses Q3 Earnings Estimates, Up Y/Y - Analyst Blog NRG Energy, Inc. ( NRG ) reported third-quarter 2014 earnings of 48 cents per share, missing the Zacks Consensus Estimate of 60 cents by 20%. Quarterly earnings per share, however, increased 33.3% from 36 cents a year ago. Revenue In the third quarter, NRG Energy's total operating revenues of $4.57 billion surpassed the Zacks Consensus Estimate by 41.7%. On a year-over-year basis, the reported top line soared 30.9%, primarily on the back of growth in both retail customer and product base, higher sales volumes at the thermal business and positive outcomes from the acquisition of most of the Edison Mission Energy (EME) assets. Highlights of the Release In the quarter under review, NRG Energy's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) were $1,014 million, up 1.4% year over year on higher contribution from the Retail, Wholesale - West, NRG Yield and Renewables segments. These were partially offset by lower adjusted EBITDA from Wholesale - Gulf Coast, Wholesale - East and Corporate segments. Total operating expenses surged 35.7% year over year to $4,020 million, primarily due to higher cost of operations, and depreciation and amortization expenses. The company's operating income in the third quarter was $549 million, up 4.2% from $527 million a year ago. The company incurred $280 million as interest expenses in the reported quarter compared with $228 million in the prior-year quarter. NRG Energy's free cash flow (before growth investments) in the third quarter was $526 million compared with $773 million in the prior-year period. Business Update On Nov 4, 2014, NRG Energy inked an agreement with NRG Yield, Inc. ( NYLD ) to sell its facilities - Walnut Creek, Tapestry and Laredo Ridge - to the latter. Upon customary adjustments, the cost of the transaction is pegged at a cash consideration of $480 million in addition to the assumed project debt worth $746 million. Financial Condition As of Sep 30, 2014, NRG Energy had cash and cash equivalents of $1.95 billion compared with $2.25 billion as of Dec 31, 2013. The company's long-term debt and capital leases were $19.9 billion as of Sep 30, 2014 versus $15.8 billion as of Dec 31, 2013. In the first nine months of 2014, NRG Energy's net cash from operating activities was $1.11 billion compared with $0.82 billion in the year-ago period. The company invested $0.68 billion as capital expenditure during the first nine months of 2014 versus $1.58 billion in the prior-year period. Guidance NRG Energy reduced its guidance for 2014 adjusted EBITDA and free cash flow (before growth investments), considering several factors - the lower-than-expected market opportunity because of subdued summer pricing and volume, and fuel inventory build prior to winter, payment of interest of the Alta Wind project debt, timing of working capital and environmental capital expenditures, and an anticipated negative contribution of $50 million from NRG Home Solar business. Currently, the adjusted EBITDA stands in the range of $3,100-$3,200 million versus the previous projection in the band of $3,200-$3,400 million, and free cash flow (before growth investments) stands in the range of $950-$1,050 million compared with the earlier estimate in the range of $1,200-$1,400 million. In addition, the company provided its guidance for 2015 adjusted EBITDA in the range of $3,200-$3,400 million and free cash flow (before growth investments) in the range of $1,100-$1,300 million. Other Earnings Releases Exelon Corp. ( EXC ) announced third-quarter 2014 operating earnings of 78 cents per share, beating the Zacks Consensus Estimate of 71 cents by 9.8%. PPL Corp. ( PPL ) reported third-quarter 2014 adjusted earnings of 54 cents per share, surpassing the Zacks Consensus Estimate of 52 cents by 3.9%. Our View Despite missing the estimate, third-quarter 2014 earnings saw a significant year-over-year improvement primarily on the back of strong revenue growth and positive outcomes from the company's strategic acquisitions. NRG Energy's continuous efforts toward the expansion of its operations through organic growth projects and acquisitions will allow it to strengthen both its product and service offering, which will subsequently boost its cash inflow going forward. However, the steady increase in expenses remains a cause of concern. NRG Energy currently has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NRG ENERGY INC (NRG): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report NRG YIELD INC-A (NYLD): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-11-06,20.0049,20.1739,19.8329,20.0518,"[""Duke Energy Earnings Preview: Operational Discipline, Commercial Sector To Drive Results Duke Energy ( DUK ), one of North America's largest utility holding companies, is expected to publish its Q3 2014 earnings on November 5. We expect earnings to increase on a year-over-year basis, driven by higher load from the regulated electric business in the United States and some operating cost-related improvements. During Q2 2014, the company's revenues grew by only 1% year-over-year to around $6 billion, while adjusted income rose 80% to about $609 million, due to a favorable tax settlement which allowed the company to favorably defer its taxes. In this note, we take a look at some of the trends that we believe will influence Duke's earnings for the quarter. We have a $71 price estimate for Duke Energy , which is about 13% below the current market price. We will be updating our price estimate for the company after the earnings release. See Our Complete Analysis For Duke Energy Here Commercial Sector Should Drive Regulated Business : The United States witnessed a warmer than normal summer during the second quarter, and this is likely to have driven up demand for electricity. However, Duke Energy also benefited from higher revised rates for electricity, lower effective tax rates and a higher sell through rate of wholesale volumes. On a weather normalization basis, which removes the effects of weather on load growth, the company's load grew by 1.5% during the previous quarter, driven by residential and commercial segments. In the third quarter, the commercial and industrial sectors could be key growth drivers. During Q1 2014, much of Duke's weather-normalized load growth came from the commercial sector, where improving employment trends as well as better consumer spending resulted in lower vacancy rates for commercial spaces. For instance, through Q1, the office sector saw vacancy rates decline by about 0.2 percentage points year-over-year, to about 15.6% on the back of healthy leasing activity. Economic data relating to employment has continued to improve ever since and we expect the same trends to continue this quarter. In fact, according to Cushman & Wakefield, the U.S. office market remained on pace to achieve the lowest vacancy rates in the last five years, at the end of the third quarter. Cost Cutting Can Improve Margins: Given the relatively sluggish long term outlook for retail load growth, Duke has been streamlining its cost base in order to improve earnings. Operation and maintenance expenses are one of Duke's most significant costs, standing at around 25% of revenues as of 2013. However, since Duke closed its merger with Progress Energy in mid-2012, it has indicated that it was able to keep these expenses flat, owing partly to better management of its corporate costs. The company now aims to maintain these costs at current levels through 2016 through work eliminations and efficiency improvements, headcount management and reduced use of contract workers. This could possibly allow Duke to expand margins for the quarter. International Revenues : Duke's international business, which is largely located in Latin America, owns and operates electric generation capacity, and also sells and markets electricity and natural gas. The business is important for the company, since electricity consumption growth in key Latin American markets is at least four times higher than that of the United States. For this quarter, we will be watching the company's Brazilian operations, which account for about half of the international segment's generation capacity. Duke expects earnings from the segment to grow on the back of favorable pricing and volumes in Brazil. The company projects that contract pricing in Brazil will rise at a rate of around 6% (in local currency) between 2013 and 2016. View Interactive Institutional Research (Powered by Trefis): Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap More Trefis Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Integrys Energy Cuts View on Earnings Miss, Revenues Beat - Analyst Blog Integrys Energy Group, Inc. ( TEG ) reported third-quarter 2014 pro forma earnings of 35 cents per share trailing the Zacks Consensus Estimate by 12.5%. Earnings increased 2.9% from the year-ago quarter. Earnings rose on account of higher electric utility revenues led by a favorable rate increase at the company's Wisconsin Public Service Corporation. GAAP earnings were $1.02 per share compared with 47 cents per share in the year-earlier period. The difference between the GAAP and pro forma earnings was due to a 2 cent gain from derivative and inventory accounting activities, 64 cents from the sale of Upper Peninsula Power Company, a 3 cent gain on abandonment of Integrys Energy Services' Winnebago Energy Center, a 1 cent gain from discontinued operations and finally, a merger cost of 3 cents. Integrys Energy Group, Inc - Earnings Surprise | FindTheBest Revenue Update Integrys Energy's total revenue was up 5.2 % year over year to $1,187.9 million. Reported revenue also trumped the Zacks Consensus Estimate by 61.2%. The revenue upturn resulted from nearly 3% and 7.7% sales increase from the company's utility and non-regulated business divisions, respectively. Operating Results Total electric sales volume from the regulated segment declined 10.5% year over year to 3,743.3 million kilowatt-hours (Kwh). The regulated throughput gas volume was 465.9 million therms, up 2.5% year over year. In the non-regulated segment, retail electric sales volume in the third quarter was 5,946.3 million Kwh, down 5.5% year over year. Retail natural gas sales volume was 38.0 billion cubic feet (Bcf) compared with 34.8 Bcf in the year-ago quarter. Wholesale electric sales volume was 14.6 million Kwh compared with 17.4 million Kwh in the year-ago quarter. Total operating expenses increased nearly 5% year over year to $1,128.0 million. Expenses shot up due to an increase in repairs and maintenance at The Peoples Gas Light and Coke Company, partially offset by a decrease in employee benefit costs due to a higher discount rate. Interest expenses in the reported quarter were $38.1 million, up 15.1 % year over year. Guidance Integrys Energy Group lowered its 2014 pro forma earnings guidance to the band of $3.00-$3.01 per share from an earlier expectation of $3.33-$3.47 per share. The company projects GAAP earnings for 2014 in the range $3.52-$3.62 per share. Financial Screening Cash from operating activities for the first nine months of 2014 was $617.9 million compared with $512.2 million of year-ago period. Cash and cash equivalents as of Sep 30, 2014 were $16.1 million compared with $22.3 million as of Dec 31, 2013. Long-term debt as of Sep 30, 2014 was nearly $2,956.3 million, almost flat with $2,956.2 million as of Dec 31, 2013 Peer Release TECO Energy, Inc. ( TE ) announced third-quarter 2014 operating earnings of 32 cents per share, missing Zacks Consensus Estimate by a penny. Earnings rose 6.7% from the year-ago figure. Our View Integrys Energy's earnings once again missed the estimates primarily due to spiraling operating costs and lower electric sales volume due to the unfavorable weather. On the positive side, the company managed to surpass the revenue estimates by a large margin. Integrys Energy Group has lately been following an inorganic growth strategy through divestiture of its non-core assets and the planned merger with Wisconsin Energy Corporation ( WEC ) which will drive synergies through economies of scale. Integrys Energy Group entered into an agreement to be acquired by Wisconsin Energy for a total consideration of $9.1 billion. Recently the company divested its Integrys Energy Services to a unit of Exelon Corporation ( EXC ). Integrys Energy currently carries a Zacks Rank #4 (Sell). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TECO ENERGY (TE): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report INTEGRYS ENERGY (TEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-11-07,20.0743,20.297,20.0196,20.2278,
EXC,2014-11-10,20.1925,20.2178,19.8769,20.1407,
EXC,2014-11-11,20.1524,20.2932,20.0469,20.1095,"[""Market Success Tied to Stock Pickers - Ahead of Wall Street Tuesday, November 11, 2014 Stocks today appear on track to continue the positive momentum that has pushed the broad indexes into record territory each of the last four sessions. While volatility has eased a bit lately, sentiment clearly remains positive. Stocks lost ground in a big way about a month back, with global growth fears giving us the first major correction of the year. It didn't last long, with investors gaining confidence that the strong U.S. economic momentum will be able to sustain itself without global growth support. Greater confidence in the Fed's ability to keep rates lower for longer has been very helpful, though some could see hints of complacency in this attitude. Topping it all, the third quarter earnings season came through as reassuring enough - in the sense that it belied some of the more exaggerated global growth fears. All in all, stocks rebounded strongly from the early October bottom and have easily scaled the prior all-time high peak. It has been a good run for stocks, but the gains aren't evenly distributed or even concentrated in areas that we would typically associate with excessive bullish sentiment. The S&P 500 index is up +10.8% year to date, but top three best performing sectors are Transportation (up +30.6% year to date), Medical (+25.5%) and Utilities (+21%). Energy leads the list of laggards, with the sector down -3.4% year to date, largely reflecting the sharp drop in oil prices lately. The Transportation sector's outperformance is partly mirror image of what has been happening with oil prices. Other laggards include Industrials (up +1.5%), Autos (+1.8%), Consumer Discretionary (+3.1%) and Retail (+5.3%). When utility operators like Exelon ( EXC ) and Pepco Holdings ( POM ) are among the year's best performing stocks, then you know that investors aren't blindly chasing glamour stocks. In fact, the outperformance of the defensive sectors shows that investors are overall fairly cautious, with their preference for stocks largely a reflection of the dearth of opportunities elsewhere in the market. With the seasonally stronger period ahead, one would expect this trend to gain even more momentum in the coming days. Sheraz Mian Director of Research Note: In order to get an email alert each time this author publishes a new article, click on the 'Follow Author' link at the bottom of the top-right box of links. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Duke Energy Corporation (DUK) Ex-Dividend Date Scheduled for November 12, 2014 Duke Energy Corporation ( DUK ) will begin trading ex-dividend on November 12, 2014. A cash dividend payment of $0.795 per share is scheduled to be paid on December 16, 2014. Shareholders who purchased DUK stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.92% increase over the same period a year ago. At the current stock price of $82.81, the dividend yield is 3.84%. The previous trading day's last sale of DUK was $82.81, representing a -1.3% decrease from the 52 week high of $83.90 and a 23.5% increase over the 52 week low of $67.05. DUK is a part of the Public Utilities sector, which includes companies such as Exelon Corporation ( EXCU ) and Exelon Corporation ( EXC ). DUK's current earnings per share, an indicator of a company's profitability, is $3.49. Zacks Investment Research reports DUK's forecasted earnings growth in 2014 as 5.23%, compared to an industry average of 2.4%. For more information on the declaration, record and payment dates, visit the DUK Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DUK through an Exchange Traded Fund [ETF]? The following ETF(s) have DUK as a top-10 holding: Select Sector SPDR Fund - Utilities ( XLU ) Market Vectors Uranium & Nuclear Energy ETF ( NLR ) iShares Dow Jones U.S. Utilities Index Fund ( IDU ) Vanguard Utilities ETF ( VPU ) iShares S&P Global Nuclear Index Fund (NUCL). The top-performing ETF of this group is IDU with an increase of 5.4% over the last 100 days. XLU has the highest percent weighting of DUK at 8.79%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2014-11-12,19.9824,19.9824,19.3601,19.404,
EXC,2014-11-13,19.5066,19.6463,19.0152,19.0973,
EXC,2014-11-14,19.0152,19.1998,18.9986,19.1217,
EXC,2014-11-17,19.064,19.3728,19.0376,19.2858,"Can Coal Endure Competition, Anti-Carbon Lobby? - Industry Outlook Coal production in the U.S. is expected to increase 0.3% per year til 2040 according to a recent report from the U.S. Energy Information Administration (EIA). However, the Clean Power Plan proposed by the U.S. Environmental Protection Agency (EPA) -- which calls for a cutback in carbon emissions during power generation by 30% by 2030 from 2005 levels -- could see lower demand for coal in the U.S. going forward. In response to the anti-carbon drive, utility operators are shutting down coal-based power plants and are directing fresh investments towards constructing natural gas power plants and adding more renewables. A recent release from Arch Coal Inc. ( ACI ) echoes the same negative sentiment for thermal coal going forward. The company expects 60 gigawatt (GW) of coal-based power plants to go offline by 2018 of which 20 GW will close operation in 2015. This will lower the gross demand for thermal coal by 25 million tons. Discussed below are the severe headwinds that the coal industry has to contend with. Environmental Legislation: Coal has been losing its importance as a fuel source over the last few years, particularly in the U.S., vis-à-vis other energy sources that have a lesser negative impact on the environment. Concerns over the emission of greenhouse gases and global climate change have resulted in the formulation of new legislations and policies which emphasize on the use of environment friendly fuel sources, particularly in the power sector. This has considerably slowed the expansion of coal-fired capacity in the power sector, with utility companies now building new natural gas-fired plants and resorting to alternative sources of energy generation like wind, solar and hydro power. Per a report from Industrial Info Resources, active coal mining projects in the U.S. have declined 39% from 2011 levels. The report says that such projects declined to $7.5 billion in 2013 from $12.3 billion in 2011. As the result of the increasing regulatory pressure, large coal-based power producers in the U.S. like American Electric Power ( AEP ) and Southern Company ( SO ) are lowering their carbon footprint by shutting down old coal-based power plants and replenishing the loss in production through other eco-friendly means. The switch in the U.S. Senate recently following the mid-term elections is beneficial for the industry as the incoming majority remains opposed to the EPA's tough regulatory regime. But it's hard to know to what extent they can help the industry given the existing rules/statues in place already. Natural Gas Substituting Coal: A major substitute for coal in energy generation is another fossil fuel - natural gas. Coal is being dumped in favor of natural gas, which due to extensive exploration and production and a shale gas boom in onshore U.S. is seeing significantly lower prices than in the past. Natural gas is usually an attractive choice for new generating plants because of its relative fuel efficiency, low emissions, quick construction timelines and low capital costs. This trend is encouraging power generators to not only convert their existing plants to gas-fired ones but to build new units. Electric generation through gas-fired plants is likely to become more competitive over the coming years given its abundant domestic availability and the threat of regulation hanging over the coal mining industry. As per EIA's reports, natural gas consumption is expected to average 72.5 Bcf/d in 2014, an increase of 1.6% from 2013, with the industrial sector supporting the growth. In 2015, total natural gas consumption will increase 0.3%, as continued industrial sector growth and higher electric power sector consumption offset lower residential and commercial consumption. As per the EIA, natural gas-based electricity generation in the U.S. will overtake coal-based generation in 2035. The projection assumes the retirement of coal-fired units and lower prices for natural gas going forward. Exelon Corporation ( EXC ) recently announced that its unit Exelon Generation will expand its natural gas-based power generation capacity by 2,000 MW. Duke Energy Corporation ( DUK ) announced its intent to add nearly 2,930 MW of natural gas-based power units going forward. Competition from Alternative Energy Sources: Apart from natural gas, the coal industry has been losing a major share of its electric generation demand to renewable sources of energy. Production of power from renewable sources has also been supported by most states the U.S. At present there is no national consensus regarding the percentage of energy to be generated from renewable sources. Undoubtedly, state legislators are giving more emphasis to produce power from renewables. At present, 30 U.S. states and the District of Columbia have enforceable renewable portfolio standards or other renewable generation policies. These policies were designed to spread awareness and encourage the power generators to produce more from renewable sources. The share of renewable fuels (including conventional hydro) in energy generation is projected to grow from 10% in 2010 to 16% in 2040, as per the EIA's long-term outlook. High quality solar modules produced by First Solar Inc. ( FSLR ) and SolarCity Corporation ( SCTY ) among others will find wider acceptance given the rising concerns regarding emissions. To Sum Up In "" Would You Add Coal to Your Portfolio? "" we focused on the conditions which are expected to drive the industry forward. Given the increasing regulatory pressure on coal, the U.S. miners might look forward to exporting larger volumes of coal to Asia. China is among the largest importers of both thermal and metallurgical coal. However, China has reintroduced tariffs on coal imports to safeguard the interest of domestic coal producers. China levied a 3% tariff on coking coal and a 6% tariff on thermal coal imports, which could impact the U.S. exporters. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SOUTHERN CO (SO): Free Stock Analysis Report SOLARCITY CORP (SCTY): Free Stock Analysis Report FIRST SOLAR INC (FSLR): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report AMER ELEC PWR (AEP): Free Stock Analysis Report ARCH COAL INC (ACI): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-11-18,19.3445,19.5174,19.2644,19.3268,
EXC,2014-11-19,19.2702,19.4783,19.1217,19.4666,
EXC,2014-11-20,19.4539,19.4833,19.3229,19.4089,
EXC,2014-11-21,19.5994,19.6463,19.3552,19.577,
EXC,2014-11-24,19.5174,19.577,19.0083,19.0376,
EXC,2014-11-25,19.064,19.0904,18.7348,18.9986,
EXC,2014-11-26,19.0836,19.2907,19.064,19.2761,
EXC,2014-11-28,19.2516,19.5467,19.1666,19.534,"Exelon Diversifies Generation Mix; Focus on Growth Programs - Analyst Blog On Nov 28, we have issued an updated research report on Exelon Corporation ( EXC ). The company's systematic investments in diversifying its power generation portfolio, strategic acquisitions and asset monetization program will likely boost its future performance. In addition, its practice of paying regular dividends is commendable. However, stringent government regulations and commodity price volatility are concerning. This Zacks Rank #3 (Hold) stock's third-quarter 2014 earnings per share and revenues surpassed the Zacks Consensus Estimate, primarily on the back of strong performance of its utility and generation business. The quarterly earnings were in line with the year-ago figure. Exelon's operations are exposed to huge operational risk as it primarily utilizes nuclear fuel for power generation. The company's current focus on expanding its renewable and natural gas power generating assets is appreciable. The shift in its generation portfolio will help reduce the chances of accidents at its plants. Exelon's acquisition strategy involves buying assets in the same line of business. The company recently acquired Integrys Energy Services Inc. from Integrys Energy Group, Inc. ( TEG ). Previously, the company had acquired Constellation Energy, ETC ProLiance Energy and several others. These initiatives will enable the company to increase its scale of operations. Exelon is currently working on its merger with Pepco Holdings, Inc. ( POM ). This transaction is expected to be concluded in the second or third quarter of 2015. The proposed merger will help to expand its presence in the Mid-Atlantic region. In addition, Exelon pursues an asset divestment program the proceeds of which are utilized in profitable ventures in sync with its long-term growth strategy. On the flip side, Exelon's generation and energy delivery businesses are regulated. Any modification in government rules may disrupt the company's operations and force it to install new infrastructure at its utility systems, which will subsequently impact its financial results. Key Pick from the Sector Another better-ranked stock in the sector is PG&E Corporation ( PCG ), carrying a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report INTEGRYS ENERGY (TEG): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-12-01,19.4353,19.7381,19.2702,19.5701,
EXC,2014-12-02,19.5701,19.8906,19.4783,19.8182,
EXC,2014-12-03,19.8115,19.9003,19.3385,19.5584,
EXC,2014-12-04,19.5926,19.7548,19.2057,19.2761,"Notable ETF Outflow Detected - IDU, SO, CNP, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $52.2 million dollar outflow -- that's a 6.6% decrease week over week (from 6,800,000 to 6,350,000). Among the largest underlying components of IDU, in trading today Southern Company (Symbol: SO) is off about 0.2%, CenterPoint Energy, Inc (Symbol: CNP) is off about 0.3%, and Exelon Corp. (Symbol: EXC) is higher by about 0.2%. For a complete list of holdings, visit the IDU Holdings page » The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $93.75 per share, with $116.92 as the 52 week high point - that compares with a last trade of $115.78. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-12-05,19.0464,19.2761,18.9497,19.2203,
EXC,2014-12-08,19.2907,19.4089,19.1384,19.3503,
EXC,2014-12-09,19.3337,19.7548,19.3054,19.6346,
EXC,2014-12-10,19.6649,19.8672,19.404,19.4089,
EXC,2014-12-11,19.4304,19.8182,19.4089,19.5867,
EXC,2014-12-12,19.4666,19.6894,19.3337,19.3982,
EXC,2014-12-15,19.4959,19.534,19.0777,19.1754,
EXC,2014-12-16,19.1608,19.5652,19.0259,19.1608,"Notable ETF Outflow Detected - XLU, D, EXC, AEP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $36.4 million dollar outflow -- that's a 0.6% decrease week over week (from 142,624,160 to 141,824,160). Among the largest underlying components of XLU, in trading today Dominion Resources Inc (Symbol: D) is up about 0.4%, Exelon Corp. (Symbol: EXC) is up about 0.1%, and American Electric Power Company, Inc. (Symbol: AEP) is lower by about 0.2%. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $37.11 per share, with $46.79 as the 52 week high point - that compares with a last trade of $45.62. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-12-17,19.2516,19.9277,19.2252,19.7548,"The 3 Best Energy Stocks for a Market Crash One of the hardest things to predict is a market crash. They can come suddenly and be driven by any number of factors, as we've seen recently in the energy sector. But not all companies are affected equally by a rapid fall in the market. With energy's crash in mind, we've rounded up three stocks our energy specialists think are well prepared for a stock market crash. California Valley Solar Ranch is one of the projects owned by NRG Yield. Image source: SunPower. Travis Hoium : If the market crashes, which is currently happening in the energy sector, I want to be in a stock that has guaranteed cash flows for years or even decades to come. That's why my pick for a market crash is NRG Yield , the yieldco subsidiary of NRG Energy . Yieldcos were conceived as a way for investors to invest in renewable energy power plants that have predictable long-term cash flows. Until their launch, the best way to invest in renewable energy was through a solar-panel manufacturer or a supplier of parts for wind turbines or other parts of the industry. But the supply business is fraught with risk, and companies have gone boom and bust regularly over the past decade. While renewable-energy manufacturers may be risky, the projects they build generally aren't. Solar and wind power plants are usually built with a 20-year power purchase agreement, a contract in which the utility agrees to buy electricity from the plant for a set price over 20 years. This agreement creates predictable cash flows for power plants and the companies that own them. That's exactly what yieldcos do. NRG Yield was one of the first yieldcos, and it owns wind and solar power plants along with a few fossil fuel power plants that allow it to capture renewable-energy tax benefits. These assets mean cash flows are predictable and guaranteed for decades to come. If the market crashes, NRG Yield will keep pumping out cash and paying a dividend. That's the kind of stock I want to own. National Oilwell Varco has its fingers in almost every part of energy, including offshore drilling. Image source: Seadrill. Tyler Crowe : I'm just as curious as the next person as to when this major dip in oil prices and energy stocks will bounce back. In the meantime, though, it's not keeping me from wanting to buy shares of great companies in the space, such as National Oilwell Varco . With over $14 billion in order backlog from its rig systems -- the primary revenue driver -- there is plenty of work for National Oilwell Varco to do for the next couple of years or so to hold it over until the market for new orders picks back up again. Also, with more than 60% of the global offshore fleet using NOV's drilling system, there is a large built-in customer base for its aftermarket products that are consumables and deteriorating equipment such as drill bits. Drilling may slow, but it isn't going to come to a complete stop, and these types of products will remain in demand even during these down times. On top of that, the company has a track record for maintaining relatively solid growth compared to other oil services companies in the space over the past several years. Add to that a rock-solid balance sheet with loads of cash to deploy. There is still room to boost shareholder value through share buybacks and dividends, or maybe even to acquire a distressed competitor that gives NOV an even greater strategic advantage. With shares trading 25% less than their recent high and at less than 11 times earnings, it seems like a pretty opportune time to buy. Maxx Chatsko :Exelon may not be the market's favorite energy stock right now, and it managed to grow its market valuation only 7% from the lows set during the Great Recession, but it has become much more resilient since early 2009. The company has maintained a healthy dividend yield hovering near 3.5% while cleaning up its balance sheet. In fact, it has nearly doubled shareholders' equity (what a company is worth on paper) to $23.7 billion and reduced its price-to-book value (the premium paid to what a company is worth on paper) from a hefty 2.6 to just 1.3 during the same time period. The company is poised to become even healthier moving forward. To bolster its current low-cost portfolio of energy generation assets, Exelon has agreed to sell five non-core assets worth nearly $1.4 billion in after-tax sales. Additionally, the company's nuclear fleet in Illinois, which often takes center stage in debates over energy competitiveness with wind and natural gas power sources, could get a big boost from two proposed state laws. One seeks to set a minimum sourcing requirement of low-carbon generation sources for all electricity distributors, while the other seeks to create a carbon trading market. Both would allow Exelon to generate sizable additional revenue streams from its nuclear fleet. If the market crashes or cools down anytime soon, investors may want to consider the combination of income, value, and growth potential Exelon presents. The backdoor investment into ""Oil Boom 2.0"" A single, under-the-radar company has its hands tightly wrapped around both the hydraulic fracturing technology and know-how that has allowed this shale boom to take off in the first place. The Motley Fool just completed a brand-new investigative report on this significant investment topic and the company helping fuel its boom. Simply click here for access . The article The 3 Best Energy Stocks for a Market Crash originally appeared on Fool.com. Maxx Chatsko has no position in any stocks mentioned. Travis Hoium owns shares of NRG Yield Inc., Seadrill, and SunPower. Tyler Crowe owns shares of National Oilwell Varco and Seadrill. The Motley Fool recommends Exelon, National Oilwell Varco, and Seadrill and owns shares of National Oilwell Varco, NRG Energy,, and Seadrill. Try any of our Foolish newsletter services free for 30 days . We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-12-18,19.8182,20.2688,19.7059,20.2688,
EXC,2014-12-19,20.2746,20.4681,20.0733,20.3097,
EXC,2014-12-22,20.0997,20.2248,19.7431,19.9874,
EXC,2014-12-23,20.0568,20.2912,19.9649,20.1095,
EXC,2014-12-24,20.1153,20.6575,20.1153,20.4407,
EXC,2014-12-26,20.4631,20.8745,20.4026,20.6331,
EXC,2014-12-29,20.6234,21.026,20.6136,20.8637,"A Boring Sector with Spectacular Results ""If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring,"" observed George Soros. Which sector of the stock market fits that description? ""Boring"" is the one adjective that aptly describes the ho-hum utilities (NYSEARCA:XLU) sector. This particular segment of the stock market has been long associated with orphans and widows who have little appetite for risk and a big need for steady dividend income. (Audio) A Real Life Story about a 122 Year-old Investor + Do This Before Buying Your Next Individual Stock Utilities generate revenue by producing, distributing, and transmitting electricity and natural gas. The S&P Utilities sector consits of 30 stocks including companies like Duke Energy ( DUK ), Exelon ( EXC ), Southern Co. ( SO ), and Dominion Resources ( D ). Before utilities really started to surge, our Weekly ETF Picks from 3/12/14 highlighted a big opportunity in this ever dull sector. We wrote to readers: ""If one must invest in equities, doing it via steady, dividend payers that are defensive is smart. And the Utilities SPDR ETF ( XLU ) fits the bill. The fund carries a dividend yield (3.77%) almost double the S&P 500's depressed 1.87% yield. If interest rates stay contained, the fund has potential to add to its 6% YTD gain. We're buying XLU."" Not only have boring utility stocks outperformed sexier sectors like technology (NYSEARCA:XLK) and healthcare (NYSEARCA:XLU), but they've crushed these sectors on a total return basis when factoring in dividend payments. Utilities have also outperformed the broader U.S. stock market (NYSEARCA:SCHB). Owning utilities at a time when stock market valuations are stretched proves one more thing: It's far better to buy a wonderful industry sector at a fair price than a fair industry sector at a wonderful price. Follow us on Twitter @ ETFguide Suggested Reads: What Stock Market Sectors are Gaining the Most from Low Rates? How to Improve Your Investment Performance by Playing Defense Don't Let the 'Great Yield Slide' Punch You in the Nose Beating the Dividend Income Drought Will Dividend Yields Test '99 Lows? The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2014-12-30,20.807,20.8989,20.4524,20.5755,
EXC,2014-12-31,20.5921,20.6575,19.9874,20.0234,"Notable ETF Inflow Detected - VPU, DUK, EXC, AEP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Utilities ETF (Symbol: VPU) where we have detected an approximate $156.6 million dollar inflow -- that's a 8.0% increase week over week in outstanding units (from 18,786,351 to 20,288,672). Among the largest underlying components of VPU, in trading today Duke Energy Corp (Symbol: DUK) is down about 0.2%, Exelon Corp. (Symbol: EXC) is off about 0.6%, and American Electric Power Company, Inc. (Symbol: AEP) is lower by about 0.1%. For a complete list of holdings, visit the VPU Holdings page » The chart below shows the one year price performance of VPU, versus its 200 day moving average: Looking at the chart above, VPU's low point in its 52 week range is $81.50 per share, with $106.83 as the 52 week high point - that compares with a last trade of $104.03. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-01-02,20.1641,20.3323,20.0469,20.2912,
EXC,2015-01-05,20.1437,20.2863,19.5525,19.7118,
EXC,2015-01-06,19.7782,20.0508,19.534,19.5584,
EXC,2015-01-07,19.6571,19.7381,19.4833,19.5867,
EXC,2015-01-08,19.6737,20.0568,19.5867,19.7381,"Exelon Trust Preferred Securities Ex-Dividend Reminder On 1/12/15, Exelon Corp.'s 6.20% Trust Preferred Securities (Symbol: BGE.PRB) will trade ex-dividend, for its quarterly dividend of $0.3875, payable on 1/15/15. As a percentage of BGE.PRB's recent share price of $25.55, this dividend works out to approximately 1.52%, so look for shares of BGE.PRB to trade 1.52% lower - all else being equal - when BGE.PRB shares open for trading on 1/12/15. On an annualized basis, the current yield is approximately 6.09%, which compares to an average yield of 4.73% in the ""Utilities"" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of BGE.PRB shares, versus EXC: Below is a dividend history chart for BGE.PRB, showing historical dividends prior to the most recent $0.3875 on Exelon Corp.'s 6.20% Trust Preferred Securities: According to the ETF Finder at ETF Channel, Exelon Corp. (Symbol: EXC) makes up 5.43% of the Utilities Select Sector SPDR Fund ETF ( XLU ) which is trading up by about 0.8% on the day Thursday. In Thursday trading, Exelon Corp.'s 6.20% Trust Preferred Securities (Symbol: BGE.PRB) is currently up about 0.2% on the day, while the common shares (Symbol: EXC) are up about 0.6%. Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-01-09,19.9366,19.9824,19.5867,19.7059,"[""Half of Van Den Berg's Third-Quarter Transactions Were Reductions in Holdings Since founding Century Management in Austin, Texas, more than 40 years ago, value investor Arnold Van Den Berg ( Trades , Portfolio ) has made a habit of beating the indices. Typically, nearly half of his holdings are in industrial and financial services stocks. It remains to be seen if the moves he made in the third quarter will extend his successful streak, but many of his deals did involve stocks in those segments. Half of his transactions in the third quarter involved reductions in his holdings. Van Den Berg acquired holdings in seven companies in the third quarter that were new to his portfolio - Chicago Bridge & Iron Company ( CBI ), Post Holdings Inc ( POST ), Exelon Corp ( EXC ), InnerWorkings Inc ( INWK ), The Intergroup Corp ( INTG ), Avid Technology Inc ( AVID ) and Signature Group Holdings Inc (SGGH). Warren Buffett Recent Buys He purchased 150,930 shares of Chicago Bridge & Iron, a Dutch engineering and construction company, for an average price of $49.32 per share. The transaction had a 2.1% impact on Van Den Berg's portfolio. He also bought 500,410 shares of Post Holdings, a St. Louis-based food processing company, for an average price of $40.71 per share. The deal had a 1.6% impact on Van Den Berg's portfolio. Van Den Berg bought 366,200 shares of Exelon, a Chicago-based energy company, for an average price of $32.81 per share. The transaction had a 1.2% impact on the portfolio. He expanded his stakes in 11 companies - Era Group Inc (ERA), Atwood Oceanics Inc (ATW), Ensco PLC (ESV), Diamond Offshore Drilling Inc (DO), Dynamic Materials Corp (BOOM), Comstock Mining Inc (LODE), Ocwen Financial Corp (OCN), Enstar Group Ltd (ESGR), Seabridge Gold Inc (SA), PICO Holdings Inc (PICO) and Layne Christensen Co (LAYN). Van Den Berg added 596,441 shares of Era Group, a Chinese media company, to his portfolio for an average price of $26.26. The addition had a 1.28% impact on his portfolio. Divestitures and reductions Van Den Berg sold his stakes in four companies - Walter Investment Management Corp (WAC), Lawson Products Inc (LAWS), International Game Technology (IGT) and Anglo American PLC (AAUKY). Van Den Berg divested himself of 752,389 shares of Walter Investment Management, a Florida-based mortgage services provider, for an average price of $26.20. That transaction had a -2% impact on the portfolio. He reduced his holdings in 22 companies - McDermott International Inc (MDR), Corning Inc (GLW), Cisco Systems Inc (CSCO), POSCO (PKX), Jacobs Engineering Group Inc (JEC), Wells Fargo & Co (WFC), Berkshire Hathaway Inc (BRK.B), Newmont Mining Corp (NEM), Apache Corporation (APA), Comcast Corp (CMCSK), Layne Christensen Co, Maxwell Technologies Inc (MXWL), Yamana Gold Inc (AUY), Halliburton Co (HAL), Emerson Electric Co (EMR), Randgold Resources Ltd (GOLD), Total SA (TOT), Granite Construction Inc. (GVA), Astec Industries Inc (ASTE) and Tidewater Inc (TDW). Van Den Berg sold 3,965,841 shares of McDermott International, a Texas-based oil and gas company, for an average price of $7.21 per share. The McDermott International sale had a -2.79% impact on Van Den Berg's portfolio. To view the portfolios of more gurus, visit the List of Gurus page. Not a premium member of GuruFocus?Try it free for 7 days. About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""3 Cheap Dividend Stocks You Can Buy Right Now Source: Flickr user Sean McMenemy. Dividend stocks are the cornerstone of many well-run retirement portfolios -- that's a fact. The reason is that dividend stocks act as a beacon to investors, inviting them to take a deeper look into a company whose business model is so sound it can pay out a percentage of its annual profits on a regular basis to its investors. Further, dividends can provide a downside hedge in volatile and bear markets. Investors in dividend stocks tend to be more long-term-oriented, which usually means far less day-trading and volatility. Lastly, dividends can be reinvested, giving the buyer a chance to compound their gains over the long run. These payouts can mean the difference between simply retiring and retiring the way you've always dreamed. With that in mind, let's have a look at three cheap dividend stocks you can consider buying right now. 1. Johnson & Johnson If you're looking for substantial dividend income with relatively low risk in the healthcare sector, then Johnson & Johnson might be the stock for you. Johnson & Johnson offers a nice balance of pricing power and business diversity that helps investors sleep peacefully at night while also angling the company for years of steady growth. For example, Johnson & Johnson's consumer products division is slow-growing, but its brand-name-laden product portfolio is buoyed by steady demand and healthy pricing power. On the flip side, J&J's pharmaceutical segment is growing like a weed. Since 2009, it has introduced 14 new products that have generated $12.5 billion in cumulative sales (through Q2 2014). Furthermore, juicy margins from its pharmaceutical business continue to propel J&J's profits higher. Source: Johnson & Johnson. Although this is certainly up for argument, I suspect Johnson & Johnson's growth throughout the remainder of the decade will come from its pharmaceutical business. The Affordable Care Act should wind up boosting its medical-device and diagnostic business within a few years once certainty regarding medical spending has improved, but for the time being, it's drug development or bust for J&J's profits. The good news is that the chances that J&J's pipeline will \""bust\"" are pretty slim. The launches of blood cancer drug Imbruvica, and Invokana, a revolutionary SGLT2 inhibitor designed to treat type 2 diabetes, should fuel growth. Imbruvica could wind up being approved for a number of new indications and is forecast to deliver peak annual sales of up to $9 billion. Invokana, on the other hand, is expected to crest $2 billion in peak annual sales by the end of the decade. Johnson & Johnson is currently riding a 52-year streak of increased dividend payments and pays out an S&P 500 -beating 2.6% yield. So long as its pharmaceutical business keeps growing, there's little reason to believe its P/E of 17 isn't a bargain. 2. American Eagle Outfitters Compared to J&J, teen retailer American Eagle Outfitters probably looks like a disaster -- and, to some extent, it is. Last year was unkind to teen retailers, which were forced to steeply discount during the back-to-school season and faced competition from larger department stores luring in teen customers and their parents with discounts and loyalty rewards. American Eagle Outfitters was no exception , lowering its profit projections on a number of occasions. For instance, in the third quarter, American Eagle Outfitters noted that comparable-store sales dipped 5%, on par with last year's 5% decline. However, American Eagle has a good track record of being proactive with its inventory and has often rebounded from teen-retail hiccups more quickly than its peers. American Eagle Outfitters has restructured its operations to reduce its expenses, and it has moved much of its excess inventory -- inventory declined by 10% year over year in Q3 -- out of its stores, which should immediately improve margins. It's also working on bolstering its high-growth direct-to-consumer operations. Most importantly, I believe American Eagle Outfitters sits in an advantageous price niche that allows it to attract teens and their parents (who usually handle all the purchases). Abercrombie & Fitch 's premium pricing and Aeropostale 's lack of real branding leave a lot to be desired. Further, while department stores have been somewhat successful in luring in teen customers, they'll never have the branding capacity a company like American Eagle Outfitters can offer. American Eagle Outfitters' current yield of 3.9% dwarfs the S&P 500 average, and its aggressive turnaround plan should pay off sooner rather than later. In other words, it's a cheap dividend stock that I'm a big fan of, and I'd suggest you add it to your watchlist as well. 3. Exelon Finally, I'll turn your attention to the utility sector. Let's take a closer look at why Exelon could be a cheap dividend stock you'll want in your portfolio. Source: Exelon. There are plenty of reasons to be skeptical of Exelon heading into the new year, considering utilities were the best-performing sector last year. A repeat would be somewhat unexpected for a relatively slow-moving sector. Further, Exelon has a power-generating portfolio filled with nuclear facilities. When coal and natural-gas prices are high, these nuclear facilities are cost-competitive, but the moment, nuclear costs are putting Exelon at a disadvantage to its peers. However, I see plenty of reasons to be excited about Exelon's prospects. The company's purchase of Pepco Holdings , a mid-Atlantic electric company, should prove to be a big boost to Exelon's bottom line. Pepco's businesses are regulated, meaning a greater portion of Exelon's energy portfolio will now be regulated and thus predictable. Wall Street and investors much prefer predictable cash flow that isn't exposed to fluctuating wholesale energy prices, so this should be a move that boosts Exelon's profitability over the long run. I also believe the U.S. government will look for ways to boost its use of nuclear power via a subsidy. This idea isn't new, and it has been discussed previously, but the need for cleaner energy sources is readily apparent. Exelon's leading nuclear facilities could be a big beneficiary of shifting laws that emphasize the use of nuclear power. Exelon is also attractive from a valuation perspective. Its forward P/E of just 15 and its dividend yield of 3.5% compare favorably to S&P averages. Best of all, Exelon's low beta, which is a function of the fact that it sells a basic-need service (electricity), will allow investors to sleep well at night. How one Seattle couple secured a $60K Social Security bonus -- and you can, too A Seattle couple recently discovered some little-known Social Security secrets that can boost many retirees' income by as much as $60,000. They were shocked by how easy it was to take advantage of these loopholes. And although it may seem too good to be true, it's 100% real. In fact, one MarketWatch reporter argues that if more Americans used them, the government would have to shell out an extra $10 billion every year! So, once you learn how to take advantage of these loopholes, you could retire confidently with the peace of mind we're all after. Simply click here to receive your free copy of our new report that details how you can take advantage of these strategies. The article 3 Cheap Dividend Stocks You Can Buy Right Now originally appeared on Fool.com. Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen nameTMFUltraLong, track every pick he makes under the screen nameTrackUltraLong, and check him out on Twitter, where he goes by the handle@TMFUltraLong.The Motley Fool owns shares of, and recommends Johnson & Johnson. It also recommends Exelon. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-01-12,19.8583,19.9336,19.5467,19.7831,
EXC,2015-01-13,19.9277,20.1045,19.62,19.7157,
EXC,2015-01-14,19.5994,19.9707,19.5701,19.9366,
EXC,2015-01-15,20.084,20.1925,19.916,20.129,
EXC,2015-01-16,20.0909,20.2746,20.0792,20.1867,
EXC,2015-01-20,20.2512,20.2932,19.8672,20.1153,"iShares U.S. Utilities ETF Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $67.0 million dollar outflow -- that's a 3.3% decrease week over week (from 16,850,000 to 16,300,000). Among the largest underlying components of IDU, in trading today Dominion Resources Inc (Symbol: D) is up about 0.2%, Exelon Corp. (Symbol: EXC) is down about 0.2%, and American Electric Power Company, Inc. (Symbol: AEP) is up by about 0.6%. For a complete list of holdings, visit the IDU Holdings page » The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $95.21 per share, with $123.67 as the 52 week high point - that compares with a last trade of $122.08. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-01-21,20.0733,20.5335,19.9219,20.5169,"[""Exelon Unit to Acquire 7 Fuelling Stations from CNG Fuel - Analyst Blog An Exelon Corporation ( EXC ) subsidiary, Constellation Energy Resources, LLC., inked an agreement to acquire seven compressed natural gas (CNG)-fueling stations in the Midwest from CNG Fuel, Inc. Fort Wayne, IN-headquartered CNG Fuel, Inc. is engaged in the construction, operation and strategic placement of fleet-compressed natural gas stations. The value and terms of the deal remain undisclosed. The fuelling facilities are located at Dayton and Findlay, OH; and Greensburg, Indianapolis, Lafayette and Seymour, IN. The remaining one in Fort Wayne, IN is currently under construction. Upon completion of the deal, Constellation will own and control the fueling stations and provide CNG to regional and interstate transportation fleets through the acquired assets. The latest transaction will expand Constellation's retail service portfolio under the natural gas division along with strengthening its operations in the CNG market. According to a U.S. Energy Information Administration report published in Apr 2014, utilization of CNG and liquefied natural gas (LNG) by light- and heavy-duty vehicles, buses, locomotives and marine vessels will increase to 863 trillion British thermal units (Btu) in 2040 from 43 trillion Btu in 2012. Since both CNG and LNG are environmentally friendly fuels, the U.S. government encourages their use to a large extent. The largest consumers for CNG and LNG are expected to be tractor trailers, vocational vehicles, pickups and vans due to their cheaper rates than gasoline and diesel. To tap the growing CNG demand in the U.S., Constellation invests systematically in CNG infrastructure development and natural gas supply management projects. Constellation is currently teaming up with its customers to develop, own and operate CNG-fueling stations in several locations through its widely expanded distributed energy business. These initiatives will enable it to provide CNG to both customer-owned and third-party contracted fleets. Exelon is currently pursuing an inorganic growth strategy to expand its existing operations. In Nov 2014, the company acquired Integrys Energy Services Inc. from Integrys Energy Group, Inc. ( TEG ) and integrated it with Constellation. Integrys Energy Services Inc. is a competitive retail electricity and natural gas provider. The transaction enabled Exelon to add around 1.2 million customers and increase Constellation's power and natural gas load capacity in several markets. In addition, the company is on track with its merger plans with Pepco Holdings, Inc. ( POM ) and expects to conclude it by the second and third quarters of 2015. These initiatives will collectively allow Exelon to solidify its footprint in the U.S. and serve more customers. Exelon currently holds a Zacks Rank #3 (Hold). A better-ranked stock in the same industry is Wisconsin Energy Corporation ( WEC ), carrying a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WISC ENERGY CP (WEC): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report INTEGRYS ENERGY (TEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Dow Utilities Set Another Record""]"
EXC,2015-01-22,20.6381,20.6575,19.9824,20.1153,
EXC,2015-01-23,20.1798,20.3323,20.1534,20.1798,
EXC,2015-01-26,20.1222,20.2111,19.9531,20.1641,"[""Duke Energy to Build 13 MW Solar Facility at Camp Lejeune - Analyst Blog Duke Energy Corp. ( DUK ) continues to expand its renewable portfolio. The company announced that it will build a 13-megawatt (\""MW\"") (AC) solar facility at the Marine Corps Base Camp Lejeune in Onslow County, NC. The project will be built in partnership with the Department of the Navy and the U.S. Marine Corps. A Duke Energy North Carolina unit - Duke Energy Progress - will operate the facility. The project is expected to be in service this year and is yet to receive approval from the North Carolina Utilities Commission (\""NCUC\""). The company said that the new project could provide power to about 3,000 homes when the sun is out. This 80-acre solar project will be connected to the electric grid at a Duke Energy Progress-owned substation on military property. The power will be available to Duke Energy Progress customers while Camp Lejeune will continue to purchase power from Duke Energy Progress. The solar facility will help Duke Energy to meet North Carolina's green-energy mandate while boosting the Navy's investments in clean energy at military bases. The Secretary of the Navy Ray Mabus has set a goal for the department to produce one gigawatt of renewable energy by the end of 2015. In December last year, the NCUC gave the go-ahead to Duke Energy for the acquisition and construction of three solar facilities in North Carolina. The utility had earlier announced that it will invest $500 million in several solar power projects, amounting to a total capacity of 278 MW, in North Carolina. The capital outlay will be divided into two parts - investment in three solar facilities and the value of five long-term power-purchase agreements (\""PPA\""). Duke Energy, like other players in the same space NRG Energy, Inc. ( NRG ), Exelon Corporation ( EXC ) and DTE Energy Co. ( DTE ), is making sustained efforts to expand its renewable portfolio. The company is committed to the construction and expansion of the scale of solar and wind energy generation projects across the U.S. In Jun 2014, the U.S. Environmental Protection Agency proposed the Clean Power Plan to curb carbon emissions from the power sector by 30% by 2030 from the 2005 levels. The rule is expected to come into effect in 2015. Thus, Duke Energy's efforts to expand its renewable asset base and maintain a disciplined capital investment approach will not only diversify its generation mix but also meet environmental regulations. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Integrys Focuses on Regulated Business, Organic Growth - Analyst Blog We have updated our research report on Integrys Energy Group, Inc. ( TEG ) on Jan 23, 2015. The company's strong regulated utility mix provides it with a stable earnings base. Integrys' participation in multiple organic ventures will help it to expand operations and its increasing number of public CNG fueling stations holds promise. However, increasing regulatory mandates on curbing carbon emissions will put pressure on the company's financials, as coal still forms a major share of its generation mix. Chicago, IL-based Integrys Energy's six regulated utilities offer ample investment opportunities. The company is shifting its focus to growing and managing its traditional utility operations. The emphasis on the regulated business will lend stability to its earnings. This utility plans to invest roughly $3.0 billion in capital expenditure from 2014 through 2016 with more than half directed towards strengthening its natural gas infrastructure. Integrys Energy's System Modernization and Reliability project involving the relocation of electric distribution lines under the surface and the addition of automation is moving at a rapid pace. Apart from focusing on traditional utility operations, Integrys Energy is playing a vital role in the development of compressed natural gas (\""CNG\"") infrastructure across the country. The company has allocated $44 million for opening more CNG fueling stations in 2015. On the flip side, increasing pressure on the utilities to cut coal-fired production might add to Integrys' cost burden. Moreover, seasonality in weather patterns results in fluctuating customer demand for electricity and natural gas that in turn leads to unstable earnings. Integrys Energy's merger with Milwaukee, WI-based Wisconsin Energy Corp. ( WEC ) is expected to close in the summer of 2015 creating a large utility in the Midwest. An inorganic growth strategy seems to be quite widespread in the utility sector. Exelon Corporation ( EXC ) also has plans to acquire Pepco Holdings Inc. ( POM ), one of the largest energy delivery companies in the Mid-Atlantic region. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WISC ENERGY CP (WEC): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report INTEGRYS ENERGY (TEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-01-27,20.1867,20.3586,20.1095,20.2042,
EXC,2015-01-28,20.1691,20.3967,19.9649,19.9824,
EXC,2015-01-29,19.9824,20.1153,19.7264,19.9971,
EXC,2015-01-30,19.83,19.9824,19.447,19.4616,Easy way to get rich: Buy the most hated stocks Stocks shunned by analysts beat the overall market — again A portfolio of the stocks most hated by Wall Street analysts beat the overall stock market by a wide margin last year.
EXC,2015-02-02,19.4412,19.6698,19.2858,19.4666,
EXC,2015-02-03,19.4959,19.9767,19.4148,19.9433,
EXC,2015-02-04,19.8622,19.8739,19.4616,19.5437,"Southern Company Misses Q4 Earnings by a Whisker, Sales Beat - Analyst Blog Electric utility firm Southern Company ( SO ) reported fourth quarter 2014 earnings per share (excluding certain one-time items) of 38 cents, a penny shy of the Zacks Consensus Estimate of 39 cents. The slightly weaker-than-expected numbers could be attributed to spiraling expenses. However, Southern Company's performance deteriorated from the year-ago adjusted profit of 48 cents per share amid lower residential and commercial sales. The Southern Company - Quarterly EPS | FindTheBest The Atlanta, GA-based power supplier's quarterly revenue - at $4,049 million - came 3.1% higher than the fourth quarter 2013 level of $3,927 million. Moreover, it surpassed the Zacks Consensus Estimate of $3,756 million. Overall Sales Breakup Closer-to-normal temperatures boosted Southern Company's electricity demand. This brought about an upward movement in overall electricity sales and usage. Total electricity sales during the fourth quarter improved 1.8% from the same period last year. Southern Company's total retail sales inched up 0.5%. This reflects higher demand from industrial customers, which increased by 2.3%. But this was almost totally offset by lower residential and commercial sales that decreased 0.2% and 0.8% year over year, respectively. Expenses Summary Southern Company's operations and maintenance cost jumped 33.4% to $1,330 million, while the company's total operating expense for the period - at $3,457 million - was approximately 10.5% higher than the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. ( EXC ) and Duke Energy Corp. ( DUK ) - currently retains a Zacks Rank #3 (Hold), implying that it is expected to perform in line with the broader U.S. equity market over the next one to three months. Meanwhile, one can look at better-ranked players in the same industry like TerraForm Power Inc. ( TERP ) as a good buying opportunity. This electric utility stock - sporting a Zacks Rank #1 (Strong Buy) - offers tremendous value and is worth buying now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SOUTHERN CO (SO): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report TERRAFORM POWER (TERP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-02-05,19.62,19.9366,19.4666,19.7655,
EXC,2015-02-06,19.6346,19.6785,18.7455,18.9028,"EXC Crosses Below Key Moving Average Level In trading on Friday, shares of Exelon Corp. (Symbol: EXC) crossed below their 200 day moving average of $35.07, changing hands as low as $34.78 per share. Exelon Corp. shares are currently trading down about 4.9% on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $28.79 per share, with $38.93 as the 52 week high point - that compares with a last trade of $34.78. According to the ETF Finder at ETF Channel, EXC makes up 5.15% of the Utilities Select Sector SPDR Fund ETF (Symbol: XLU) which is trading lower by about 4.5% on the day Friday. Click here to find out which 9 other energy stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-02-09,18.8901,18.939,18.5403,18.6204,"Stock Market News for February 30, 2015 - Market News Benchmarks ended in the red on Friday after fresh concerns about Greece's debt negotiations offset encouraging job report. Meanwhile, rise in possibility of rate hike in mid-2015 due to improving labor market conditions dented investor sentiment. However, markets ended the week in positive territory despite Friday's losses. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) declined more than 0.3% to close at 17,824.29. The Standard & Poor 500 (S&P 500) also lost 0.3% to close at 2,055.47. The tech-laden Nasdaq Composite Index closed at 4,744.40; decreasing 0.4%. The fear-gauge CBOE Volatility Index (VIX) rose 2.6% to settle at 17.29. A total of about 7.7 billion shares were traded on Friday, below last five sessions' average of 7.9 billion. Decliners outpaced advancing stocks on the NYSE. For 61% stocks that declined, 36% advanced. The U.S. Department of Labor reported that the U.S. economy has created 257,000 new jobs in January, beating the consensus estimate of 234,000. This was the 11th consecutive month in which the economy generated more than 200,000 jobs, its longest such stretch since 1994. Also, the job additions for November and December were revised upward from 353,000 and 252,000 to 423,000 and 329,000, respectively. November's tally was the highest since May 2010. Additionally, the average hourly earnings increased 0.5%, or 12 cents, to $24.75 in January, stronger than the consensus estimate of 0.3% gain. Year-on-year growth in average hourly wages came in at 2.2% in January. Meanwhile, the unemployment rate increased marginally to 5.7% in January from December's rate of 5.6%, mainly due to rise in labor participation rate. The retail trade sector emerged as the biggest recruiter in January as the sector added 46,000 new jobs. However, it was reported that the Eurozone's officials asked Greek government to apply for an extension of its bailout program by Feb 16. The current bailout program valued at $275-billion will expire on Feb 28. It has been speculated that if the Greek government fails to meet the deadline then the country may face a default which may result inGreece's exit from the Eurozone. On Wednesday, the European Central Bank (ECB) cancelled its acceptance of junk rated Greek government debts as security for regular central bank loans. Moreover, Jeroen Dijsselbloem, chairman of the Eurogroup which represents a committee of euro zone's finance ministers, said: ""We will hear on Wednesday from the new Greek government what their ambitions are, how they want to move forward with the current program."" He added: ""When we set the date for the 16th of February for the Eurogroup we did look at that. Time will become very short if they (Greece) won't ask for an extension (by then)."" Separately, investors anticipated that the Fed is on track to raise key interest rate by mid-2015 as strong job data indicated that labor market is recovering at an impressive pace. It is speculated that strong job report will boost the Fed's confidence to start the tightening cycle that it has been guiding investors towards for quite some time. Rising fears regarding interest rate hike also dragged down benchmarks on Friday. Rising rate hike fears had a negative impact on the Utilities Select Sector SPDR ETF (XLU) which lost 4.1% on Friday, emerging as the biggest decliner. This was also its biggest one-day loss since Aug 2011. Key utilities stocks including Entergy Corporation ( ETR ), Ameren Corporation ( AEE ), DTE Energy Company ( DTE ) and Exelon Corporation ( EXC ) declined 4.8%, 5%, 4.8% and 4.4%, respectively. On earnings front, shares of Twitter, Inc. ( TWTR ) jumped 16.4% after posting fourth quarter loss of 15 cents per share, narrower than the Zacks Consensus Estimate of a loss of 21 cents. Also, revenues soared 97% year over year to $479 million, which comfortably beat the Zacks Consensus Estimate of $451 million. Moreover, LinkedIn Corporation's ( LNKD ) shares surged 10.7% after announcing fourth quarter adjusted earnings per share of 12 cents, higher than the Zacks Consensus Estimate of 3 cents. However, shares of Expedia Inc. ( EXPE ) plunged 11.5% after reporting fourth-quarter earnings of 78 cents per share, missing the Zacks Consensus by 9.3%. Also, revenue for the quarter declined 20.8% sequentially to $1.36 billion. Expedia was the worst performer among the S&P 500 companies on Friday. Meanwhile, Harris Corporation's ( HRS ) shares gained 9.6% after announcing that it will buy Exelis, Inc. ( XLS ) in a cash and stock deal valued at approximately $4.75 billion ($23.75 per share). The offer price represents a premium of approximately 34% to Exelis' closing price on Feb 5. Harris was the biggest gainer among the S&P 500 companies. Shares of Exelis surged 36.3% following the news. Over the week, the Dow, S&P 500 and Nasdaq gained 3.8%, 3% and 2.4%, respectively. Markets ended with solid weekly gains as increase in oil prices except from Wednesday boosted energy shares. Moreover, encouraging earnings results, merger and acquisition (M&A) news and auto sales data also helped benchmarks to end in positive territory. However, concern about Greece's debt negotiation offset some of the gains. Earnings results including The Walt Disney Company ( DIS ), General Motors Company ( GM ), O'Reilly Automotive Inc. ( ORLY ) and The Estée Lauder Companies Inc. ( EL ) came out positive. Moreover, M&A news which includes that between Pfizer Inc. ( PFE ) and Hospira Inc. ( HSP ), and Staples, Inc. ( SPLS ) and Office Depot, Inc. ( ODP ) boosted investor sentiment. Moreover, domestic-made vehicle sales climbed to an annualized rate of 13.5 million banking on increase in demand for trucks and sport-utility vehicles. However, economic data including factory orders, ISM Manufacturing Index and initial claims numbers came out disappointing. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ENTERGY CORP (ETR): Free Stock Analysis Report AMEREN CORP (AEE): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report TWITTER INC (TWTR): Free Stock Analysis Report LINKEDIN CORP-A (LNKD): Free Stock Analysis Report EXPEDIA INC (EXPE): Free Stock Analysis Report HARRIS CORP (HRS): Free Stock Analysis Report EXELIS INC (XLS): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report GENERAL MOTORS (GM): Free Stock Analysis Report O REILLY AUTO (ORLY): Free Stock Analysis Report ESTEE LAUDER (EL): Free Stock Analysis Report PFIZER INC (PFE): Free Stock Analysis Report HOSPIRA INC (HSP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-02-10,18.6058,18.9556,18.513,18.9028,"[""Exelon Corporation (EXC) Ex-Dividend Date Scheduled for February 11, 2015 Exelon Corporation ( EXC ) will begin trading ex-dividend on February 11, 2015. A cash dividend payment of $0.31 per share is scheduled to be paid on March 10, 2015. Shareholders who purchased EXC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that EXC has paid the same dividend. The previous trading day's last sale of EXC was $34.48, representing a -11.43% decrease from the 52 week high of $38.93 and a 19.76% increase over the 52 week low of $28.79. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXCU ). EXC's current earnings per share, an indicator of a company's profitability, is $2.43. Zacks Investment Research reports EXC's forecasted earnings growth in 2014 as -4.23%, compared to an industry average of -3.2%. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EXC through an Exchange Traded Fund [ETF]? The following ETF(s) have EXC as a top-10 holding: iShares S&P Global Nuclear Index Fund (NUCL) SPDR Utilities Select Sector Fund ( XLU ) Market Vectors Nuclear Energy ETF ( NLR ) Vanguard Utilities ETF ( VPU ) iShares Dow Jones US Utilities Sector Index Fund ( IDU ). The top-performing ETF of this group is XLU with an increase of 7.5% over the last 100 days. NUCL has the highest percent weighting of EXC at 5.29%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Duke Energy Corporation (DUK) Ex-Dividend Date Scheduled for February 11, 2015 Duke Energy Corporation ( DUK ) will begin trading ex-dividend on February 11, 2015. A cash dividend payment of $0.795 per share is scheduled to be paid on March 16, 2015. Shareholders who purchased DUK stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DUK has paid the same dividend. The previous trading day's last sale of DUK was $82.7, representing a -8.08% decrease from the 52 week high of $89.97 and a 21.44% increase over the 52 week low of $68.10. DUK is a part of the Public Utilities sector, which includes companies such as Exelon Corporation ( EXCU ) and Exelon Corporation ( EXC ). DUK's current earnings per share, an indicator of a company's profitability, is $3.49. Zacks Investment Research reports DUK's forecasted earnings growth in 2014 as 5.08%, compared to an industry average of -3.2%. For more information on the declaration, record and payment dates, visit the DUK Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DUK through an Exchange Traded Fund [ETF]? The following ETF(s) have DUK as a top-10 holding: SPDR Utilities Select Sector Fund ( XLU ) iShares Dow Jones US Utilities Sector Index Fund ( IDU ) Market Vectors Nuclear Energy ETF ( NLR ) Fidelity MSCI Utilities Index ETF ( FUTY ) Vanguard Utilities ETF ( VPU ). The top-performing ETF of this group is XLU with an increase of 7.5% over the last 100 days. It also has the highest percent weighting of DUK at 9.34%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pioneer Investments Purchases Time Warner Cable, Kohl's in Q4 Pioneer Investments ( Trades , Portfolio ) is a global investment manager that launched in 1928. Its Pioneer Fund, which launched in that year, is a large-cap equity fund that focuses on well-established companies. The fund's investment approach takes a long-term value-oriented, risk-managed view. John Carey, the current portfolio manager, has led the fund since 1996. During the fourth quarter, Pioneer purchased 59 new stocks. The following are the largest new holdings in terms of portfolio impact. Time Warner Cable ( TWC ) Daniel Loeb Undervalued Stocks Daniel Loeb Top Growth Companies Daniel Loeb High Yield stocks Bruce Berkowitz Undervalued Stocks Bruce Berkowitz Top Growth Companies Bruce Berkowitz High Yield stocks Bruce Berkowitz Undervalued Stocks Bruce Berkowitz Top Growth Companies Bruce Berkowitz High Yield stocks Bruce Berkowitz Undervalued Stocks Bruce Berkowitz Top Growth Companies Bruce Berkowitz High Yield stocks Pioneer Investments Undervalued Stocks Pioneer Investments Top Growth Companies Pioneer Investments High Yield stocks The fund purchased 307,345 shares of Time Warner Cable at an average price of $144.08 per share. Pioneer had previously held much smaller positions in the company. The graph below shows Pioneer's holding history. TWC provides video, high-speed data, and voice services mainly in five geographic areas: New York State, the Carolinas, the Midwest, Southern California and Texas. One cause for concern is that the company's current ratio is 0.51, which indicates TWC cannot cover its short-term obligations with cash on hand. Last year, Comcast announced it would take over TWC in a $45 billion merger. A year later, the deal is still under scrutiny from the Federal Communications Commission since the companies are two of the largest cable providers in the U.S. Over the past year, the stock has been up 8% and is overvalued according to the Peter Lynch chart. Exelon ( EXC ) The fund also purchased 1,266,860 shares of Exelon at an average price of $35.95 per share. Pioneer sold out of its previous position in the company during Q2 2013. Exelon is a public utility holding company that operates through its subsidiaries Commonwealth Edison, PECO Energy, and Baltimore Gas and Electric. Over the past five years, Exelon has seen its revenue and earnings growth rates decline, as indicated in the chart below. The current dividend yield is 3.6%, which is near the five-year low. Exelon's dividend payout ratio is 51%. Endo International ( ENDP ) Pioneer bought 389,510 shares of Endo for an average price of $68.40 per share. Endo is a healthcare company that manufactures and distributes pharmaceutical and generic products, as well as medical devices. The company has been operating at a loss since FY 2012. Returns on assets, equity and invested capital have all been in the red. The operating margin was -16.26% in FY 2013. The debt-to-equity ratio jumped significantly in FY 2013 to 7.11. Other gurus who own Endo stock include Mario Gabelli (Trades, Portfolio), Larry Robbins (Trades, Portfolio), and Julian Robertson (Trades, Portfolio). Kohl's ( KSS ) Pioneer purchased 436,833 shares of Kohl's for an average price of $57.81 per share. The purchase had a 0.1% impact on the portfolio. GuruFocus rates Kohl's business predictability as a perfect 5-stars due to its consistent revenue and earnings growth. The stock has been up 35% over the past year and currently trades at $69.81. The DCF model projects a fair value of $49.19, giving a margin of safety of -42%. The company's operating margin was 9.15% in FY 2014, higher than the retail apparel industry average of 3.2%. Kohl's current P/E ratio is 17.5, and the P/S ratio is 0.77. Other gurus who own Kohl's stock include Brian Rogers (Trades, Portfolio), Joel Greenblatt (Trades, Portfolio), and Bill Nygren (Trades, Portfolio). Shire ( SHPG ) Pioneer's fifth-largest purchase during the quarter was 110,458 shares of Shire at an average price of $212.33 per share. The purchase had a 0.09% impact on the portfolio. Shire is a biopharmaceutical company that focuses on developing medicines to treat patients with significant unmet needs. Its four areas of focus are rare diseases, neuroscience, gastrointestinal and internal medicine. The company's operating margin has been steadily increasing, growing 11.35% over the past five years. In FY 2013, the margin was about 35%. Shire has a comfortable with current ratio with $4,288 million in current assets and $1,808 million in current liabilities. The company also holds no long-term debt. Jean-Marie Eveillard (Trades, Portfolio), Ken Fisher (Trades, Portfolio), and Mario Gabelli (Trades, Portfolio) also hold positions in Shire. View the latest stock picks from Pioneer Investments (Trades, Portfolio) here. Not a Premium Member of GuruFocus? Try it free for 7 days. About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-02-11,18.7963,18.8207,18.5873,18.6674,"Will Exelon's (EXC) Earnings Disappoint Investors in Q4? - Analyst Blog Exelon Corporation ( EXC ) is slated to report fourth-quarter 2014 results on Feb 13, 2015. Last quarter, the utility company posted a positive earnings surprise of 9.86%. On an average, Exelon has reported a negative earnings surprise of 0.99% in the last four quarters. Let's see how things are turning out for the fourth quarter. Factors to Consider this Quarter Exelon is currently diversifying its generation mix and focusing on its natural gas and renewable assets. These initiatives will enable the company to meet stringent government environmental regulations and reduce operational risks from its nuclear fleets. In addition, proceeds from systematic asset divestment will finance Exelon's infrastructure development projects, thereby serving more customers and maintaining reliability. On the flip side, the U.S. Energy Information Administration projected a decline in the consumption of electricity, natural gas, heating oil and propane due to warmer temperatures this winter compared with the last year. Lower household expenditure on these commodities might affect Exelon's revenues. Earnings Whispers? Our proven model does not conclusively show that Exelon will beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to be able to beat consensus estimates. That is not the case here as you will see below. Zacks ESP: The Earnings ESP, which represents the difference between the Most Accurate estimate of 50 cents and the Zacks Consensus Estimate of 51 cents, is -1.96%. Zacks Rank: Exelon's Zacks Rank #3, which when combined with a negative ESP, makes an earnings beat unlikely. We caution against stocks with Zacks Ranks #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider PNM Resources, Inc. ( PNM ) has an earnings ESP of +8.70% and carries a Zacks Rank #2. ALLETE, Inc. ( ALE ) has an earnings ESP of +2.99% and carries a Zacks Rank #2. NiSource Inc. ( NI ) has an earnings ESP of +1.96% and carries a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report NISOURCE INC (NI): Free Stock Analysis Report ALLETE INC (ALE): Free Stock Analysis Report PNM RESOURCES (PNM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-02-12,18.7005,18.8608,18.472,18.7661,"Pre-Market Earnings Report for February 13, 2015 : BAM, TRP, VFC, EXC, VTR, DTE, TRW, SJM, IPG, CPN, WBC, NGLS The following companies are expected to report earnings prior to market open on 02/13/2015. Visit our Earnings Calendar for a full list of expected earnings releases. Brookfield Asset Management Inc ( BAM ) is reporting for the quarter ending December 31, 2014. The finance/investment management company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.63. This value represents a 41.67% decrease compared to the same quarter last year. In the past year BAM and beat the expectations the other quarter. Zacks Investment Research reports that the 2014 Price to Earnings ratio for BAM is 22.67 vs. an industry ratio of 22.10, implying that they will have a higher earnings growth than their competitors in the same industry. TransCanada Corporation ( TRP ) is reporting for the quarter ending December 31, 2014. The oil (production/pipeline) company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.48. This value represents a 7.69% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for TRP is 23.17 vs. an industry ratio of 39.60. V.F. Corporation ( VFC ) is reporting for the quarter ending December 31, 2014. The textile company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.99. This value represents a 20.73% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for VFC is 22.68 vs. an industry ratio of 17.80, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation ( EXC ) is reporting for the quarter ending December 31, 2014. The electric power utilities company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.51. This value represents a 2.00% increase compared to the same quarter last year. The ""days to cover"" for this stock exceeds 15 days. Zacks Investment Research reports that the 2014 Price to Earnings ratio for EXC is 14.33 vs. an industry ratio of 15.30. Ventas, Inc. ( VTR ) is reporting for the quarter ending December 31, 2014. The reit company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.13. This value represents a 6.60% increase compared to the same quarter last year. VTR missed the consensus earnings per share in the 2nd calendar quarter of 2014 by -0.93%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for VTR is 17.11 vs. an industry ratio of 16.40, implying that they will have a higher earnings growth than their competitors in the same industry. DTE Energy Company ( DTE ) is reporting for the quarter ending December 31, 2014. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.03. This value represents a 1.98% increase compared to the same quarter last year. The last two quarters DTE had negative earnings surprises; the latest report they missed by -8.11%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for DTE is 18.86 vs. an industry ratio of 15.30, implying that they will have a higher earnings growth than their competitors in the same industry. TRW Automotive Holdings Corporation ( TRW ) is reporting for the quarter ending December 31, 2014. The auto (truck) company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.90. This value represents a 3.26% increase compared to the same quarter last year. In the past year TRW has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 3.55%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for TRW is 13.35 vs. an industry ratio of 23.10. J.M. Smucker Company ( SJM ) is reporting for the quarter ending January 31, 2015. The food company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.50. This value represents a 9.64% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for SJM is 20.08 vs. an industry ratio of 97.10. Interpublic Group of Companies, Inc. ( IPG ) is reporting for the quarter ending December 31, 2014. The advertising/marketing company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.57. This value represents a 1.79% increase compared to the same quarter last year. IPG missed the consensus earnings per share in the 4th calendar quarter of 2013 by -5.08%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for IPG is 21.22 vs. an industry ratio of -13.50, implying that they will have a higher earnings growth than their competitors in the same industry. Calpine Corporation ( CPN ) is reporting for the quarter ending December 31, 2014. The electric power utilities company's consensus earnings per share forecast from the 3 analysts that follow the stock is $-0.08. This value represents a 900.00% decrease compared to the same quarter last year. In the past year CPN has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 52%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for CPN is 27.73 vs. an industry ratio of 15.30, implying that they will have a higher earnings growth than their competitors in the same industry. Wabco Holdings Inc. ( WBC ) is reporting for the quarter ending December 31, 2014. The auto (truck) company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.36. This value represents a 5.43% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for WBC is 18.58 vs. an industry ratio of 23.10. Targa Resources Partners LP ( NGLS ) is reporting for the quarter ending December 31, 2014. The oil/gas company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.60. This value represents a 14.29% decrease compared to the same quarter last year. In the past year NGLS has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 14.71%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for NGLS is 15.57 vs. an industry ratio of 38.10. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-02-13,17.8221,18.5325,17.7704,18.257,"[""IDU, D, EXC, AEP: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $34.5 million dollar outflow -- that's a 1.7% decrease week over week (from 17,650,000 to 17,350,000). Among the largest underlying components of IDU, in trading today Dominion Resources Inc (Symbol: D) is off about 0.8%, Exelon Corp. (Symbol: EXC) is off about 2.1%, and American Electric Power Company, Inc. (Symbol: AEP) is lower by about 0.8%. For a complete list of holdings, visit the IDU Holdings page \u00bb The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $98.90 per share, with $124.63 as the 52 week high point - that compares with a last trade of $113.97. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Misses Q4 Earnings Estimate, Beats Revenues - Tale of the Tape Exelon Corporation ( EXC ), a competitive energy provider, delivers electricity and natural gas to customers in central Maryland, northern Illinois and southeastern Pennsylvania through its subsidiaries. The Chicago, IL-based firm operates in 48 states and the District of Columbia of the U.S., and Canada. Exelon's stable financial position, addition of renewable and natural gas based power generating units to its portfolio, systematic divestment of non-core assets and the proposed merger with Pepco Holdings, Inc. ( POM ) are expected to boost its future performance. However, stringent environmental regulations and volatile commodity pricing remain our major concern. Estimate Trend & Surprise History Investors should note that the recent earnings estimate for Exelon has moved both upward as well as downward directions over the past 30 days. The company currently has a Zacks Rank #3 (Hold). Coming to the earnings surprise, Exelon has surpassed the Zacks Consensus Estimate in two of the last four quarters with an average negative surprise of 0.99%. Going further things could definitely change given the company's recently released earnings results. Going below we have mentioned some of the vital information from this just-revealed announcement: Earnings: Exelon missed in the fourth quarter by 3 cents. Our consensus called for fourth-quarter EPS of 51 cents, and the company reported EPS of 48 cents. Revenue: Exelon surpassed the revenue estimates in the fourth quarter. The company posted revenues of $7,255 million in the fourth quarter, compared to our consensus estimate of $5,479 million. Key Stats to Note: In the fourth quarter, Exelon's total operating expenses and operating income was $7,015 million and $348 million, respectively. Stock Price: Shares were up almost 0.5% ahead of the report and remained inactive following the release. It would be interesting to see how the market reacts to the results during the trading session today. Check back later for our full write up on this EXC earnings report later! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Friday's ETF Movers: GDXJ, XLU In trading on Friday, the Junior Gold Miners ETF ( GDXJ ) is outperforming other ETFs, up about 2.2% on the day. Components of that ETF showing particular strength include shares of Premier Gold Mines (PG.CA), up about 5.1% and shares of Silvercorp Metals ( SVM ), up about 4.6% on the day. And underperforming other ETFs today is the Utilities Select Sector SPDR Fund ETF ( XLU ), off about 1% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Exelon ( EXC ), lower by about 2.6%, and shares of PG&E ( PCG ), lower by about 1.9% on the day. VIDEO: Friday's ETF Movers: GDXJ, XLU The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-02-17,18.215,18.2971,17.9306,18.0313,"Company News for February 17, 2015 - Corporate Summary • Exelon Corporation's ( EXC ) shares declined 2.7% after reporting fourth quarter adjusted earnings per share of $0.48, missing the Zacks Consensus Estimate by 3 cents • Shares of Alnylam Pharmaceuticals, Inc. ( ALNY ) gained 1.8% after posting fourth quarter loss per share of $0.28, narrower than the Zacks Consensus Estimate of a loss per share of $0.66 • Energen Corp.'s ( EGN ) shares jumped 5.4% after announcing fourth quarter earnings per share of $0.56, beating the Zacks Consensus Estimate of $0.49 • Shares of j2 Global, Inc. ( JCOM ) surged 10.6% after declaring fourth quarter adjusted earnings per share of $0.96, ahead of the Zacks Consensus Estimate of $0.91 Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report ALNYLAM PHARMA (ALNY): Free Stock Analysis Report ENERGEN CORP (EGN): Free Stock Analysis Report J2 GLOBAL INC (JCOM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-02-18,18.0372,18.5384,17.9863,18.472,
EXC,2015-02-19,18.5208,18.5325,18.1075,18.2081,
EXC,2015-02-20,18.2217,18.2804,18.0372,18.1915,
EXC,2015-02-23,18.2326,18.4055,18.1603,18.4055,"Will Integrys Energy's Q4 Earnings be a Disappointment? - Analyst Blog Integrys Energy Group, Inc. ( TEG ) will release its fourth-quarter 2014 financial results after the market closes on Feb 25. In the prior quarter, this utility reported a negative earnings surprise of 12.50%. Let's see how things are shaping up at Integrys Energy prior to this announcement. Factors to Consider This Quarter Chicago, IL-based Integrys Energy is a diversified holding company providing products and services in both regulated and non-regulated energy markets. It conducts its regulated utility operations through six wholly owned subsidiaries. The company's regulated business is divided into two segments: Electric Utility and Natural Gas Utility. On its third-quarterearnings call Integrys Energy slashed its 2014 pro forma earnings guidance to the band of $3.00-$3.01 per share from an earlier expectation of $3.33-$3.47 per share. The ruling factor behind the guidance cut was the sale of Integrys Energy Services, a subsidiary of Integrys Energy Group, to Exelon Corporation's ( EXC ) unit, Constellation. Any income generated from Integrys Energy Services' retail energy business in the fourth quarter will be treated as discontinued operations. Moreover, a much milder start to winter last December must have had a negative impact on power demand, leading to lower electric sales. On the cost front, increased distribution expenses at the Natural Gas Utility segment could also weigh on Integrys Energy's earnings leading to a possible year-over-year decline. Earnings Whispers Our proven model indicates that Integrys Energy Group does not have the right combination of elements to secure an earnings beat. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. This is not the case here. Zacks ESP: This is because the Most Accurate estimate and the Zacks Consensus Estimate stand at 77 cents, resulting in 0.00% ESP. Zacks Rank: Integrys Energy has a Zacks Rank #4 (Sell). The 0.00% ESP when combined with a Zacks #4 makes an earnings beat unlikely. As it is, we particularly caution against stocks with Zacks Ranks #4 and 5 going into the earnings season particularly when they are seeing negative estimate revisions. Stocks to Consider Here are some utilities worth considering on the basis of our model, which shows that they have the right combination of elements to post an earnings beat this quarter. Pattern Energy Group Inc. ( PEGI ) has an earnings ESP of +420.00% and carries a Zacks Rank #3. OGE Energy Corp. ( OGE ) has an earnings ESP of +11.11% and carries a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report OGE ENERGY CORP (OGE): Free Stock Analysis Report INTEGRYS ENERGY (TEG): Free Stock Analysis Report PATTERN ENERGY (PEGI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-02-24,18.4055,19.0474,18.3459,18.9556,"Exelon Corporation (EXCU) Ex-Dividend Date Scheduled for February 25, 2015 Exelon Corporation ( EXCU ) will begin trading ex-dividend on February 25, 2015. A cash dividend payment of $0.8125 per share is scheduled to be paid on March 02, 2015. Shareholders who purchased EXCU prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of EXCU was $51, representing a -8.34% decrease from the 52 week high of $55.64 and a 5.44% increase over the 52 week low of $48.37. EXCU is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). For more information on the declaration, record and payment dates, visit the EXCU Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-02-25,18.9223,19.0269,18.7661,18.7915,
EXC,2015-02-26,18.8608,18.8608,18.2472,18.5032,
EXC,2015-02-27,18.4983,18.5501,18.3576,18.4807,"[""Pepco Holdings (POM) Tops on Q4 Earnings, Revenue lags - Tale of the Tape Based in Washington, District of Columbia (DC), Pepco Holdings Inc . ( POM ) engages in both regulated utility and unregulated businesses. Pepco Holdings Inc., also referred to as PHI, is one of the largest energy delivery companies in the Mid-Atlantic region, delivering power to 2 million customers in Delaware, the District of Columbia, Maryland and New Jersey. It also supplies natural gas to customers in Delaware. Pepco Holdings primarily identifies three operating segments which contribute to its revenue and earnings, namely, Power Delivery , Pepco Energy Services and Other Non-Regulated (Corporate & Other) . Pepco Holdings is getting merged with Exelon Corporation (EXC), and the merger is expected to be completed in the second or third quarter of 2015 subject to approval from some regulatory commissions. Estimate Trend & Surprise History Investors should note that the fourth quarter Zacks Consensus Estimate for earnings of 18 cents per share has remained same over the last 90 days. Coming to the earnings surprise, Pepco Holdings Inc. has surpassed the Zacks Consensus Estimate in the last four quarters, resulting in a positive average surprise of 14.13%. Zacks Rank : Currently, Pepco Holdings has a Zacks Rank#3 (Hold) but that could change following its fourth quarter 2014 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earnings : Pepco Holdings beat on earnings. Adjusted earnings per share came in at 23 cents, beating the Zacks Consensus Estimate of 18 cents. Revenue : Revenues of $1,118 million missed the Zacks Consensus Estimate of $1,444 million by 22.6% but increased 2.5% year over year. Key Stats : In 2014, Pepco Holdings' total regulated Transmission and Distribution (T&D) electric customer count increased by nearly 1% year over year to 1,871,000. Stock Price : It would be interesting to see how the market reacts to the fourth quarter earnings beat during the trading session today. Check back later for our full write up on this POM earnings report later! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PEPCO HLDGS (POM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""NRG Energy Misses on Q4 Earnings, Reaffirms 2015 View - Analyst Blog NRG Energy, Inc. ( NRG ) reported fourth-quarter 2014 earnings of 21 cents per share, missing the Zacks Consensus Estimate of 93 cents by a wide margin. For 2014, NRG Energy's income available for common stockholders stood at $78 million against a loss of $395 million a year ago. Revenues NRG Energy's total annual operating revenue of $15.87 billion surpassed the Zacks Consensus Estimate by 8.9%. On a year-over-year basis, the top line shot up 40.4% from $11.3 billion in 2013. 2014 Highlights For 2014, total operating costs and expenses were $14.62 billion, reflecting a 33.5% year-over-year increase primarily due to higher cost of operations, depreciation expenses, and selling, general and administrative expenses. The company's annual operating income was $1.27 billion, up from $0.34 billion a year ago. NRG Energy's adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) surged 18.7% year over year to $3.13 billion due to higher contribution from the NRG Business, NRG Home Retail, NRG Renew and NRG Yield divisions. This was partially offset by unfavorable performance at NRG Home Solar and Corporate. The company incurred $1.12 billion of interest expenses in 2014 compared with $0.85 billion a year ago. NRG Energy's free cash flow (before growth investments) in 2014 stood at $0.95 billion, down 25.8% year over year. Financial Update As of Dec 31, 2014, NRG Energy had cash and cash equivalents of $2.12 billion compared with $2.25 billion as of Dec 31, 2013. The company's long-term debt and capital leases were $19.9 billion as of Dec 31, 2014 versus $15.8 billion as of Dec 31, 2013. In 2014, NRG Energy's net cash from operating activities was $1.51 billion compared with $1.27 billion in the year-ago period. The company invested $0.91 billion as capital expenditure during 2014 versus $1.99 billion in the prior-year period. Guidance For 2015, NRG Energy reiterated its guidance for 2015 adjusted EBITDA and free cash flow (before growth investments) in the range of $3.2-$3.4 billion and $1.1-$1.3 billion, respectively. Other Peer Releases Exelon Corp. ( EXC ) reported fourth-quarter 2014 adjusted operating earnings of 48 cents per share, missing the Zacks Consensus Estimate of 51 cents by 5.9%. PPL Corp. ( PPL ) reported fourth-quarter 2014 adjusted earnings of 58 cents per share, surpassing the Zacks Consensus Estimate of 51 cents by 13.7%. Zacks Rank NRG Energy currently has a Zacks Rank #3 (Hold). A better-ranked stock in the same sector is PG&E Corp. ( PCG ), carrying a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NRG ENERGY INC (NRG): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pepco Holdings Beats on Q4 Earnings, Misses Revenues - Analyst Blog Pepco Holdings Inc. ( POM ) reported fourth quarter 2014 earnings from continuing operations of 23 cents per share, a penny down from the year-ago figure. Earnings were higher than the Zacks Consensus Estimate of 18 cents by 27.8%. GAAP earnings per share were 14 cents compared with 23 cents in the fourth quarter of 2013. The difference between GAAP and operating earnings during the reported quarter was due to 3 cents of merger related costs and 6 cents of impairment charge related to Pepco Energy Services' long-lived assets. Pepco Holdings' 2014 operating earnings were $1.27 per share, up 11.4% from $1.14 per share in 2013. Earnings were above the Zacks Consensus Estimate of $1.22 by 1.11%. The upside was driven by higher electric distribution and transmission revenues (primarily due to higher rates from continued infrastructure investment). GAAP earnings per share in 2014 were 96 cents compared with 45 cents in 2013. Total Revenue Total revenues in the fourth quarter were $1,118 million, up 2.5% from $1,091 million in the year-ago period. Quarterly revenues also fell short of the Zacks Consensus Estimate of $1,444 million by 22.6%. 2014 revenues of $4,878 million were marginally above the Zacks Consensus Estimate of $4,833 million by 0.9%. Total revenues rose 4.5% from the year-ago period. The year-over-year improvement was primarily due to higher contribution from Pepco Energy Services which improved 36.9% on a year-over-year basis and solid performance from Power Delivery which grew 3.1%. Operating Details In 2014, total regulated transmission & distribution electric sales, at Power Delivery, dipped 0.6% to 47,215 gigawatt hours (GWh). The downside was due to erratic weather pattern, which impacted residential sales. Sales to commercial and industrial customers also dipped 0.8% year over year. Total operating expenses in the reported quarter and the full year increased 7.3% and 6.9%, respectively, from the comparable year-ago period. Higher expenses were primarily due to an increase in other operating and maintenance expenses. Operating income was $604 million in 2014, down 9.6% from $668 million in 2013. In 2014, Pepco Holdings' total regulated Transmission and Distribution electric customer count increased by nearly 1% year over year to 1,871,000. Financial Update Cash and cash equivalents, including restricted cash, were $39 million as of Dec 31, 2014, up from $36 million as of Dec 31, 2013. Long-term debts as of Dec 31, 2014, were $4,441 million, up 9.6% from $4,053 million as of Dec 31, 2013. Exelon Merger Pepco Holdings did not provide any insight into 2015 due to its pending merger with Exelon Corporation ( EXC ), which is expected to be completed in the second half of 2015. Other Company Release DTE Energy Company's ( DTE ) fourth-quarter 2014 operating earnings per share of $1.17 surpassed the Zacks Consensus Estimate of $1.04 by 12.5% PG&E Corp.'s ( PCG ) earnings per share of 53 cents in the fourth quarter missed the Zacks Consensus Estimate of 54 cents by a penny. Zacks Rank Pepco Holdings currently has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-03-02,18.4495,18.4807,17.8604,17.8878,
EXC,2015-03-03,17.9639,18.0557,17.7627,17.9893,"[""Noteworthy ETF Outflows: IDU, D, EXC, AEP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $44.6 million dollar outflow -- that's a 2.9% decrease week over week (from 13,800,000 to 13,400,000). Among the largest underlying components of IDU, in trading today Dominion Resources Inc (Symbol: D) is off about 0.4%, Exelon Corp. (Symbol: EXC) is down about 0.4%, and American Electric Power Company, Inc. (Symbol: AEP) is lower by about 0.3%. For a complete list of holdings, visit the IDU Holdings page \u00bb The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $99.50 per share, with $124.63 as the 52 week high point - that compares with a last trade of $110.97. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon/PsomasFMG Solar Project for California School District - Analyst Blog On Feb 27, Exelon Corporation 's EXC business unit, Constellation Energy Resources, LLC (\""Constellation\"") together with PsomasFMG, a solar energy systems and solutions provider for schools, businesses and communities, completed a 6.76 megawatt (\""MW\"") DC solar generation project for Chaffey Joint Union High School District (CJUHSD). With over 25,000 students, CJUHSD serves the communities of Ontario, Montclair, Rancho Cucamonga, and portions of Fontana, Upland, Chino, and Mount Baldy. This solar project will help the district in keeping the electricity cost at low levels and also serve as an educational resource for students to become more conscious about renewable energy. Installation of this project will conserve electricity and help the school save $40 million in electric bills over the next 25 years. The project used 21,800 photovoltaic panels installed in parking canopies at eight sites. This undertaking will prevent 8,782 tons of carbon emissions per year, which is equivalent to removing 1,677 passenger vehicles from the road, going by U.S. Environmental Protection Agency data. The project was developed by PsomasFMG while the financing part was handled by Constellation, who will continue to be the owner and operator of the system. This project is a part of the Constellation and Psomas FMG deal inked in Jul 2014. Together they plan to develop up to 50 MW of solar distributed generation projects in California. As per the deal, Constellation would provide electricity to schools and municipalities in California through power purchase agreements Utility companies are becoming more conscious about their investments in clean and renewable energy as the Obama administration plans to curb carbon emissions from existing power plants by 30% by 2030 from 2005 levels. The Clean Power Plan as it is referred to is expected to come into force from this year Other utilities like NRG Energy, Inc. NRG , NextEra Energy, Inc. NEE and Xcel Energy Inc. XEL are also investing in renewables to meet the environmental mandates set by state and federal regulators. Exelon currently carries a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report XCEL ENERGY INC (XEL): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-03-04,17.9756,18.0615,17.7343,17.7753,"Exelon Unit to Use Unmanned Aircraft for Inspecting Lines - Analyst Blog Commonwealth Edison Company (""ComEd""), a unit of Exelon CorporationEXC , became the first U.S. utility firm to be allowed to utilize unmanned aircraft systems (""UASs"") to inspect its electricity delivery systems. The company received the authorization to use this innovative technology from the Federal Aviation Administration (""FAA""). Per the FAA's instructions, ComEd will work closely with municipalities before flying the UASs at their territories. ComEd is developing the technology in collaboration with Illinois Institute of Technology (""IIT""). The company intends to use the UASs to assess conditions of its transmission and distribution lines, and substations. This technology may also be used after storms to evaluate associated damage. ComEd is expected to launch the UASs in the early summer. Once operational, the UASs will provide videos and photos through a camera and offer a thorough examination of the system by flying atop power delivery systems. Utilization of UASs will enable the company to recognize the problems before disrupting the supply of power to customers and inspect systems in remote and hazardous areas without requiring to send humans. Currently, ComEd is investigating the use of underground robots, jointly with the Georgia Tech National Electric Energy Testing Research and Applications Center, which aims to minimize the risks for workers carrying out operations in manholes. Exelon ensures reliability and quality of services by using modern innovative technologies and upgrading its existing infrastructure. The company's focus on shifting its dependence on machines from its employees for risky assignments will help to minimize risk to humans. Exelon plans to invest a total of $16 billion in the next five years, including $7.2 billion in 2015. Exelon currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the same sector include DTE Energy Company DTE , PG&E Corporation PCG and Public Service Enterprise Group Inc. PEG , each carrying a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-03-05,18.1378,18.1426,17.8711,17.9639,
EXC,2015-03-06,17.7079,17.7753,17.4998,17.5828,
EXC,2015-03-09,17.616,17.6796,17.3112,17.4899,
EXC,2015-03-10,17.5066,17.7704,17.3961,17.5066,
EXC,2015-03-11,17.5828,17.6483,17.278,17.3434,
EXC,2015-03-12,17.4558,17.9756,17.4558,17.8104,
EXC,2015-03-13,17.7627,17.7627,17.3542,17.6483,"[""XLU, NEE, D, EXC: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $384.4 million dollar outflow -- that's a 5.7% decrease week over week (from 153,674,160 to 144,924,160). Among the largest underlying components of XLU, in trading today NextEra Energy Inc (Symbol: NEE) is off about 0.6%, Dominion Resources Inc (Symbol: D) is off about 1.1%, and Exelon Corp. (Symbol: EXC) is lower by about 1.7%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $39.72 per share, with $49.78 as the 52 week high point - that compares with a last trade of $43.42. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""SolarCity Brings Cheaper Power to Southeastern Pennsylvania - Analyst Blog Of late, SolarCity CorporationSCTY has been expanding its footprint and reaching out to new customers with unprecedented enthusiasm. Recently, it unveiled its \""MyPower\"" solar loan program to residents of Southeastern Pennsylvania. This is the first time that the company has offered its loan program to the state. Additionally, it will roll out the option to avail a power purchase agreement (\""PPA\""). Through the MyPower loan program, customers are allowed to own solar systems and install solar panels with no upfront costs. The PPA plan on the other hand allows homeowners the option to simply pay for the power consumed. Both these options provide customers to pay less for the solar power as compared to the conventional sources. SolarCity will begin by offering its loan program to the customers of PECO in the Southeastern Pennsylvania and other nearby areas. PECO is a subsidiary of Exelon Corporation EXC . Headquartered in Philadelphia, PECO is one of the largest electric and natural gas utilities of Pennsylvania. The company also has plans to expand the geographical reach of the program. The company unveiled its MyPower loan program in Oct 2014. MyPower is unique in the sense that the loan is paid off by the energy produced by the system. It basically caters to those homeowners who are more interested in owning than leasing. The lucrative features of the plan have won it over 12,000 subscribers since its launch. Besides the aforementioned benefits, it offers the option of a 30-year loan with an interest rate as low as 4.5%. Loan repayment is calculated on a per kilowatt-hour production basis, with the payment rate set up to 20% less than utility charges. Customers would have to pay back the loan at 16 cents per kilowatt-hour in the first year. After the first year, they will get a $9,000 tax credit and the cost will be reduced to about 11 or 12 cents per kilowatt hour. Understandably, SolarCity's enthusiastic rolling out of various offers across the nation is an attempt to achieve its goal of 1 million customers by mid-2018. The company presently serves 190,000 customers. It is also ensuring maximum advantage from the solar tax credit before it drops to 10% in 2017 from the present 30%. Its latest marketing ploys include the collaboration with MP2 Energy to offer solar energy to Texas homeowners at reasonable costs through the full net metering program. (Read more: SolarCity-MP2 to Offer Net Metering for Solar Power to Texas )The company has also teamed up with DIRECTV to provide affordable solar electricity to homeowners across the U.S. (Read more: SolarCity Ties Up with DIRECTV to Expand Customer Base ) In addition, it unveiled the MyPower loan program to homeowners of Mexico. (Read more: SolarCity Takes MyPower Loan Program to New Mexico ) With the MyPower program alone accounting for about 30% of the company's bookings in the fourth quarter of 2014, it is likely that these initiatives will support the company in expanding its customer base and augur growth in the long term. SolarCity currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the solar space include JA Solar Holdings Co., Ltd. JASO and Vivint Solar, Inc. VSLR , each carrying a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JA SOLAR HOLDGS (JASO): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOLARCITY CORP (SCTY): Free Stock Analysis Report VIVINT SOLAR (VSLR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-03-16,17.7753,18.0255,17.7392,17.8104,
EXC,2015-03-17,17.7851,18.1319,17.6649,17.9414,
EXC,2015-03-18,17.9102,18.5267,17.8388,18.3722,
EXC,2015-03-19,18.2971,18.5384,18.0186,18.1192,
EXC,2015-03-20,18.215,18.426,18.0724,18.0879,
EXC,2015-03-23,18.1192,18.3459,18.0948,18.1769,
EXC,2015-03-24,18.1378,18.2628,17.9258,18.0948,
EXC,2015-03-25,18.1075,18.2033,17.8447,17.8935,
EXC,2015-03-26,17.8447,17.9579,17.6541,17.7196,
EXC,2015-03-27,17.7958,17.915,17.6307,17.6698,"[""Stock Market News for March 27, 2015 - Market News Benchmarks ended in the red for the fourth-straight session after escalating tensions in the Middle-East following an air strike in Yemen dampened investor sentiment. Additionally, the crisis in Yemen drove oil prices higher on Thursday on concerns that it may lead to reduction in oil supply. However, upbeat initial claims data limited some of the day's losses. The S&P 500 experienced its longest losing stretch since January. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) declined 0.2% to close at 17,678.23. The Standard & Poor's 500 (S&P 500) decreased more than 0.2% to 2,056.15. The tech-laden Nasdaq Composite Index closed at 4,863.36; losing nearly 0.3%. The fear-gauge CBOE Volatility Index (VIX) gained 2.3% to settle at 15.80. A total of about 3.51 billion shares were traded on NYSE on Thursday. Decliners outpaced advancing stocks on the NYSE. For 59% stocks that declined, 38% advanced. Reportedly, Saudi Arabia along with its allies has launched an air strike against advancing Iran-backed Shia tribal forces in Yemen. Yemen, which borders Saudi Arabia, has been facing an intensified aggression from the Houthis in recent months. It was reported that the Houthis have already captured a major part of the country's northern territory, which also includes the capital of Sanaa. Meanwhile, Saudi Arabia's ambassador in the U.S., Adel al-Jubeir, said yesterday that his country is ready to provide any form of support to protect the Yemen government. It was reported that countries including Bahrain, Kuwait, Qatar and the United Arab Emirates have committed to provide fighter jets in order to help Saudi Arabia's attacks in Yemen. Moreover, Pakistan and Egypt will provide naval support to Saudi Arabia. However, U.S. officials reportedly said the country will not intervene in Yemen's civil war. Reportedly, an official from Iran has strongly opposed Saudi Arabia's actions and said the attack will intensify geopolitical tensions to a large extent. Additionally, a Houthi supporter warned that Saudi Arabia's intervention will inject more aggression into the war. Separately, supporters of Yemen's President Abd Rabbuh Mansour Hadi claimed that they had taken over Aden airport, which is located near Yemen's second largest city. Oil prices rose sharply yesterday on supply concerns following Yemen's crisis. The prices of WTI crude oil and Brent crude oil jumped 4.3% and 4.6% to $51.43 per barrel and $59.19 a barrel, respectively. However, gains in oil prices failed to boost energy stocks on Thursday. Concerns regarding crisis in the Middle-East had a negative impact on the Utilities Select Sector SPDR (XLU). The sector declined more than 0.8% and was the biggest loser among the S&P 500 sectors yesterday. Key utilities stocks including Exelon Corporation ( EXC ), Southern Company ( SO ), PG&E Corporation ( PCG ) and Duke Energy Corporation ( DUK ) lost 1%, 0.6%, 0.7% and 0.8%, respectively. Eight out of 10 S&P 500 sectors registered losses on Thursday. However, shares of Red Hat, Inc. ( RHT ) surged 10.1% after announcing fourth quarter earnings of 30 cents per share, beating the Zacks Consensus Estimate by 3 cents. Also, company's Non-GAAP revenues increased 21.9% year over year to $487.9 million and beat the Zacks Consensus Estimate of $457 million. Moreover, Accenture plc's ( ACN ) shares jumped 6.8% after declaring second-quarter fiscal 2015 earnings per share of $1.08, which beat the Zacks Consensus Estimate by a penny. Additionally, Accenture's second-quarter net revenue not only increased 5.1% year over year to $7.49 billion but also came higher than the Zacks Consensus Estimate of $7.35 billion. Encouraging earnings results from these companies boosted the Technology Select Sector SPDR (XLK), which gained almost 0.1%. Key technology stocks including Intel Corporation ( INTC ), International Business Machines Corporation ( IBM ), Apple Inc. ( AAPL ) and Yahoo! Inc. ( YHOO ) rose 0.6%, 0.9%, 0.7% and 0.6%, respectively. In economic news, the U.S. Department of Labor reported that jobless claims declined 9,000 for the week ending Mar 21 to 282,000, lower than the consensus estimate of 290,000. Moreover, the 4-week moving average also decreased 7,750 from previous week's level to 297,000. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report RED HAT INC (RHT): Free Stock Analysis Report ACCENTURE PLC (ACN): Free Stock Analysis Report INTEL CORP (INTC): Free Stock Analysis Report INTL BUS MACH (IBM): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report YAHOO! INC (YHOO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Dominion Resources Plans a Natural Gas Plant in Virginia - Analyst Blog Richmond, VA based Dominion Resources, Inc.D announced that it is planning to build a natural gas fueled power station in Greensville County. The facility will have a capacity of about 1,600 megawatt. Costing over $1 billion, this combined-cycle facility will comprise three gas-fired combustion turbines and a steam turbine. The electricity generated from the plant will be sufficient to power 400,000 homes at peak demand. Not only will the facility provide low-cost and reliable services but also create ample jobs. Dominion has already filed the zoning permit applications and intends to submit other necessary paper work to the regulatory authorities this July. The project, subject to approval, is expected to begin construction in mid-2016 and commence commercial operation in 2019. Greensville County has been chosen for the site because of its nearness to transmission and natural gas lines, water supply, railroads and major highways. The station will be served by two natural gas pipeline systems - Williams' Transco natural gas line, an interstate transmission pipeline system providing natural gas to the north eastern and south eastern states of the U.S. and the proposed Atlantic Coast Pipeline, a natural gas transporting utility project designed to meet the power needs of Virginia and North Carolina. Following the Environmental Protection Agency's (EPA) proposed Clean Power Plan to cut carbon emissions from existing plants, responsible utilities like Dominion, NextEra Energy Inc. NEE , Exelon Corporation EXC and a few others are coming up with combined-cycle natural gas units which produce cleaner power at affordable prices . A shift in the generation mix will not only help the utilities to comply with environmental regulations at the state and federal levels but also to cut their overall power production cost. Earlier this month, both Dominion and NextEra filed requests with the regulatory authorities requesting rate cuts in their respective service areas. A common reason behind both the rate-cut request was the shift in their generation mix to natural gas. Dominion currently carries a Zacks Rank #3 (Hold). Empresa Nacional de Electricidad S.A. EOC is a better-ranked stock in this space, carrying a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report ENDESA-CHILE (EOC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-03-30,17.7079,18.3782,17.6737,18.2911,
EXC,2015-03-31,18.1553,18.3722,18.0313,18.3128,"Utilities Select Sector SPDR Fund Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $137.8 million dollar outflow -- that's a 2.0% decrease week over week (from 153,024,160 to 149,924,160). Among the largest underlying components of XLU, in trading today NextEra Energy Inc (Symbol: NEE) is trading flat, Dominion Resources Inc (Symbol: D) is up about 0.4%, and Exelon Corp. (Symbol: EXC) is lower by about 0.2%. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $40.07 per share, with $49.78 as the 52 week high point - that compares with a last trade of $44.63. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-04-01,17.7293,18.0079,17.6004,17.8985,
EXC,2015-04-02,17.915,18.2971,17.915,18.1867,
EXC,2015-04-06,18.2374,18.5686,18.1827,18.4319,"Duke Energy to Add 500-MW Utility-Scale Solar in Florida - Analyst Blog Duke Energy Florida, Inc., a subsidiary of Duke Energy CorporationDUK , announced its plan to add utility-scale solar worth up to 500-megawatt (""MW"") to its portfolio by 2024. Duke Energy Florida has already filed for its solar assets expansion proposal with the Florida Public Service Commission. The latest plan comes under its 2015 Ten-Year Site Plan. Duke Energy Florida will commence the development of up to 5-MW facilities at the first site later this year and plans to complete 35 MW by 2018. These initial ventures will allow the company to assess costs and examine its impact on electricity grids. Installation of solar facilities coupled with the construction of a combined-cycle natural gas plant in Citrus County, improvement of the combined-cycle Hines plant in Polk County and acquisition of the Osprey plant from Calpine Corporation CPN will enable Duke Energy Florida to increase its power generation capacity and retire 50% of its coal-fired assets by 2018. Duke Energy Florida's efforts on curbing carbon emission during power generation through the expansion of its renewable portfolio, besides investments in infrastructure development are commendable. In Feb 2015, Duke Energy acquired a majority stake in a supplier of commercial solar and energy solutions, REC Solar. In 2014, the company received approval from the North Carolina Utilities Commission for a solar power expansion plan in North Carolina and acquired a solar photovoltaic project from utility-scale solar projects developer HelioSage Energy. In 2014, Duke Energy's capital expenditure stood at nearly $5.38 billion. The company's total capital expenditure between 2015 and 2017 is estimated at around $24.6 billion, including $7.4-$7.8 billion allocated for 2015. Duke Energy has invested over $4 billion over the last eight years in its solar and wind projects. The company further plans to spend $2-$3 billion in coming five years for renewable projects. Apart from Duke Energy, many utility firms including NRG Energy, Inc. NRG and Exelon Corporation EXC are currently expanding their respective renewable electricity generation capacity. These ventures will enable utility providers to meet stringent environmental regulations. Duke Energy currently holds a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report CALPINE CORP (CPN): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-04-07,18.4211,18.5267,18.3782,18.4153,"Stock Market News for April 07, 2015 - Market News Benchmarks posted solid gains on Monday after weak jobs report raised hopes of a delay in interest rate hike. Friday's nonfarm payroll data showed job additions slumped to a 15-month low in March. Meanwhile, U.S. service sector growth rate also touched a three-month low last month. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) gained 0.7%, to close at 17,880.85. The Standard & Poor's 500 (S&P 500) also increased 0.7% to 2,080.62. The tech-laden Nasdaq Composite Index closed at 4,917.32; gaining 0.6%. The fear-gauge CBOE Volatility Index (VIX) went up 0.5% to settle at 14.74. A total of about 6.2 billion shares were traded on Monday, in-line with the average for last five trading sessions. Advancers outpaced declining stocks on the NYSE. For 70% stocks that advanced, 27% declined. Benchmarks started the week on a positive note after investors ruled out a sooner-than-expected rise in interest rates due to disappointing jobs data. Last Friday, the Bureau of Labor Statistics (BLS) reported the U.S. economy created a total of 126,000 jobs in March, less than the consensus estimate of 247,000. Job additions fell below 200,000, bringing an end to the unbroken run of 12 such successive monthly gains. Additionally, data for both January and February was revised downward, which means that 69,000 less jobs were added during these months taken together. As a result, hiring in the first quarter declined to an average of 197,000, compared to job additions of 289,000 in the fourth quarter. Additionally, labor force participation rate touched a 37-year low of 62.7%. However, hourly pay gained a solid 0.3% in March from prior month and 2.1% from a year earlier. Average hourly earnings have advanced by 7 cents for those employed by the private sector in March. Separately, the unemployment rate remained at a six and a half year low figure of 5.5% in March. The U-6 rate which includes the unemployed, the underemployed and the discouraged also dropped to 10.9% in March, the first time it has gone below 11% since Aug 2008. Adding to the bullish sentiment, New York Fed President William Dudley said the timing of hiking rates ""will be data dependent and remains uncertain because the future evolution of the economy cannot be fully anticipated"". He added: ""I anticipate that the path will be relatively shallow"" as ""headwinds in the aftermath of the financial crisis are still in evidence."" Last month, Federal Reserve Chairwoman Janet Yellen said there was a possibility of a gradual hike in interest rates sometime this year. The Utilities Select Sector SPDR (XLU) turned out to be the second biggest gainer among the S&P 500 sectors, as this sector tends to perform well in low interest rate environment. The sector gained 1.4%. Key utilities stocks including NextEra Energy Inc ( NEE ), Exelon Corporation ( EXC ), Southern Company ( SO ), PG&E Corporation ( PCG ) and Duke Energy Corporation ( DUK ) advanced 0.8%, 1.4%, 0.6%, 1.3% and 1.7%, respectively. The Energy Select Sector SPDR (XLE) gained 1.8%, the highest among the S&P 500 sectors. Energy shares gained as oil prices moved north. Expectations on Iran taking longer time to increase oil exports and anticipation that rise in U.S. crude inventories is slowing down boosted oil prices on Monday. Saudi Arabia hiking prices for oil exports to Asia also had a positive impact on oil prices. WTI crude and Brent crude gained 5.8% and 5.5% to $52.14 per barrel and $58.12 a barrel, respectively. Dow components Exxon Mobil Corporation ( XOM ) and Chevron Corporation ( CVX ) advanced 0.9% and 1.6%, respectively. Other key energy stocks such as EOG Resources, Inc. ( EOG ), Kinder Morgan, Inc. ( KMI ) and Transocean Ltd. ( RIG ) increased 2.3%, 0.6% and 10.1%, respectively. Yesterday's gains were broad based, with all 10 S&P 500 sectors ending in the green. Meanwhile, the Institute for Supply Management reported that ISM Services Index decreased to 56.5% in March from February's reading of 56.9%. The fall was more than the consensus estimate of a decrease to 56.7%. However, the reading remained above the 50-mark, indicating businesses are expanding. Additionally, the Non-Manufacturing Index for March has decreased 1.9 percentage points to 57.5% from February's reading of 59.4%. On the other hand, the New Orders Index increased to 57.8% in March from 56.7% in February. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NEXTERA ENERGY (NEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report EOG RES INC (EOG): Free Stock Analysis Report KINDER MORGAN (KMI): Free Stock Analysis Report TRANSOCEAN LTD (RIG): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-04-08,18.4055,18.4055,18.1661,18.1974,"Cash Dividend On The Way From Exelon Corp.'s Trust Preferred Securities On 4/10/15, Exelon Corp.'s 6.20% Trust Preferred Securities (Symbol: BGE.PRB) will trade ex-dividend, for its quarterly dividend of $0.3875, payable on 4/15/15. As a percentage of BGE.PRB's recent share price of $25.73, this dividend works out to approximately 1.51%, so look for shares of BGE.PRB to trade 1.51% lower - all else being equal - when BGE.PRB shares open for trading on 4/10/15. On an annualized basis, the current yield is approximately 6.03%, which compares to an average yield of 4.66% in the ""Utilities"" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of BGE.PRB shares, versus EXC: Below is a dividend history chart for BGE.PRB, showing historical dividends prior to the most recent $0.3875 on Exelon Corp.'s 6.20% Trust Preferred Securities: According to the ETF Finder at ETF Channel, Exelon Corp. (Symbol: EXC) makes up 5.02% of the Utilities Select Sector SPDR Fund ETF ( XLU ) which is trading lower by about 0.3% on the day Wednesday. In Wednesday trading, Exelon Corp.'s 6.20% Trust Preferred Securities (Symbol: BGE.PRB) is currently trading flat on the day, while the common shares (Symbol: EXC) are down about 0.9%. Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-04-09,18.1661,18.2804,18.0372,18.2287,
EXC,2015-04-10,18.257,18.3576,18.1319,18.1867,
EXC,2015-04-13,18.2033,18.2081,18.0186,18.0518,
EXC,2015-04-14,18.1124,18.257,18.0313,18.2326,"SolarCity Partners with Nest Labs to Offer Nest Thermostat - Analyst Blog U.S. residential solar installer SolarCity CorporationSCTY has collaborated with Nest Labs, Inc. to offer complete installation of one Nest Learning Thermostat each to the first 10,000 customers to sign up with SolarCity. The offer started rolling out last Monday in California and was completely free of any additional charge. Google Inc.'s GOOG Nest Labs focuses on offering simple and aesthetically pleasing hardware, software and services, like the Nest Learning Thermostat, Nest Energy Services and Nest Protect: Smoke + Carbon Monoxide. The Nest Learning Thermostat is able to personalize itself as per the user's requirement, which renders it the ability to regulate a user's home temperatures automatically. The device has various features as well, like Auto-Schedule (creates a personalized schedule based on changes of temperature by the user) and Auto-Away (senses the user's exit and automatically changes temperature to avoid unnecessary energy consumption). The Works with Nest program ensures that customers with a compatible air conditioning system in their homes, who have agreed to connect the Nest Thermostat to SolarCity, are eligible to avail the free-of-charge product and its installation. Utilization of the Nest Thermostat will allow customers to cut energy consumption drastically, thereby lowering utility bills. According to a study, the Nest Thermostat can save 10-12% on heating bills and 15% on cooling bills. In addition, SolarCity will provide its customers the access to other Nest energy services, which were previously available only through utilities and government energy programs. SolarCity focuses on providing better services to its customers at affordable costs. In Mar 2014, the company rolled out its MyPower Plan for Maryland homeowners. The company had already started its MyPower solar loan offering in eight states - Arizona, California, Colorado, Connecticut, Hawaii, Massachusetts, New York and New Jersey. MyPower allows subscribers to pay off their loans by the energy produced by the solar system. These initiatives will enable SolarCity to attract customers and meet its goal of reaching the 1-million customer mark by mid-2018. Growing awareness about the effect of greenhouse gases on the environment has resulted in rising demand for alternative sources of energy globally. In the U.S., utility providers such as NRG Energy, Inc. NRG and Exelon Corporation EXC are currently strengthening their renewable generation mix. SolarCity currently has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GOOGLE INC-CL C (GOOG): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report SOLARCITY CORP (SCTY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-04-15,18.2804,18.5384,18.2628,18.3459,
EXC,2015-04-16,18.257,18.2628,18.0079,18.1915,"Exelon (EXC) Unit to Reduce Electricity Distribution Rate - Analyst Blog Commonwealth Edison Company (""ComEd""), a unit of Exelon CorporationEXC , filed its annual delivery service formula rate request for the distribution of electricity to the Illinois Commerce Commission (""ICC""). If approved by the concerned authority, residential consumers will be getting electricity at lower remunerations applicable Jan 2016. Per the appeal, the average monthly electric bill for residential customers will decrease by $1 from the previous level. It reflects a year over year decline of around $50 million in 2016. ComEd's ongoing efforts on cost management, and operational efficiencies backed by systematic smart grid investments primarily led to the filing of the rate reduction appeal. ComEd's effort to lower residential electricity rates is a step toward attracting more customers and stopping attrition. This will also intensify the competition with its peers. The latest filing fulfills the annual rate setting process as mandated by the Energy Infrastructure Modernization Act or Smart Grid law. Per the act, utility providers must submit their respective estimates for the current year's capital investments and previous year's actual expenses. Subsequently, the ICC will take eight months to review the proposal and escalate decisions on the rate request. ComEd has also filed for its annual adjustment in transmission rates with the Federal Energy Regulatory Commission (""FERC""). The Illinois Power Agency (""IPA""), buyer of electricity on behalf of Illinois utilities, has set new energy supply rates, which result in an extra $2 reduction for customers who have opted for services from ComEd, thereby lowering the total bill by approximately $3. The new energy supply rates will be effective from Jun 1, 2016. ComEd continues to focus on providing reliable services to its customers by investing substantially in utility infrastructures, primarily smart meter installation. It installed 739,000 digital smart meters through 2014-end. In Jun 2014, the ICC approved ComEd's accelerated deployment plan that allows installing over four million smart meters throughout its service territory by 2018. In 2014, Exelon's capital investments came in at $6.08 billion, up 12.6% year over year. It plans to spend $16 billion in next five years, including $7.2 billion in 2015. Systematic investments in improving electric systems will enable the company to reduce outages and improve operational efficiencies besides saving around $2 billion over 20 years. Exelon currently has a Zacks Rank #3 (Hold). Some better-ranked stocks in the same industry include DTE Energy Company DTE , NextEra Energy, Inc. NEE and Public Service Enterprise Group Inc. PEG , each carrying a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-04-17,18.0948,18.2501,17.8778,17.9756,
EXC,2015-04-20,18.0557,18.5413,18.0255,18.3401,
EXC,2015-04-21,18.3401,18.4915,17.9756,18.04,"[""Did Exelon Corporation Just Quietly Admit That Nuclear Power Is Dead? Image source: Tobin/ Flickr . Eighty-one percent. That's the percentage of power generated by Exelon Corporation that originates in a nuclear power plant. That should come as no surprise, considering the company owns over 19,000 MW of nuclear capacity, which has among the highest utilization rates of any energy source. Of course, Exelon is not immune from market forces challenging the economics of traditional nuclear power, even if individual states that are heavily reliant on the company's atomic footprint pitch in to provide artificial buoyancy. The fast-falling costs of renewable energy and sudden global abundance of natural gas have turned the tables on nuclear power generators, which suffer from relatively high maintenance costs and, for newer plants, absurdly high upfront construction costs. Therefore, it should also not come as a surprise that Exelon has been carefully hedging against its existing nuclear power plants by investing in lower-cost generation. For instance, the company recently handed General Electric Company over $500 million for four next-generation natural gas turbines, which will combine to generate over 2,000 MW of electricity for the Texas grid. Is this a quiet admission that traditional nuclear power is dead? Natural gas to the rescue for investors? General Electric spent over $1 billion developing two next-generation natural gas turbines: the 600-MW 9HA for Europe and the 500-MW 7HA for the United States. They're the world's largest and most efficient natural gas turbines; capable of achieving the Holy Grail of power efficiency while consuming less natural gas and emitting one-third fewer carbon dioxide than older and more commonly used turbines. The turbines will be an important product for General Electric as it refocuses on manufacturing and winds down financial services, although there likely won't be any difficulties selling them. The company disclosed close to $2 billion in 9HA/7HA sales at the end of September from customers in France, Japan, Germany, Russia, and the United States. Image source: GE Power and Water / GE Reports . The turbines will also be an important addition for Exelon as it insulates its power generation portfolio against losses from its nuclear fleet and duly invests in the future of energy. The four 7HA turbines, which will ship in 2016 and come online in 2017, will be be put into service at two new power plants currently under construction near Houston and Dallas. The ultra-efficient units will save millions of gallons of water in cooling applications every day -- nothing to take lightly in drought-stricken Texas -- as they're cooled with forced air instead. Additionally, each unit is expected to save $8 million in annual fuel costs. Although the details surrounding the natural gas fired turbines look favorable for investors, some simple number-crunching certainly favors the thesis that traditional nuclear power is dead, even if Exelon hasn't explicitly mentioned the possibility (or considered it internally). While the company won't be ditching its existing nuclear facilities anytime soon, investors surely shouldn't expect it to build any new nuclear capacity, either. Consider how the next-generation natural gas turbines from General Electric stack up when compared to a new nuclear power plant, using Southern Co. 's new Vogtle Unit 3 and 4 nuclear reactors for comparison. Source: SEC filings, press releases. Or think about it another way: Exelon's investment will increase its 2013 natural gas capacity by 25% and represent more capacity than the company's total wind and solar assets. Even if the company paid twice as much for future next-generation natural gas turbines, or $1 billion for 1,000 MW of capacity, it could replace its entire 19,000 MW nuclear fleet for just $19 billion. That's 126% of the price tag Southern Co is shelling out for just 2,500 MW of new nuclear capacity! If that doesn't communicate the fact that new construction of traditional nuclear power is a thing of the past, then perhaps nothing will. What does it mean for investors? The numbers overwhelmingly stack up against traditional nuclear power. Simply put, spending just $500 million for a combined capacity of 2,000 MW of clean, affordable, and efficiently produced electricity is something only next-generation natural gas turbines can achieve. The fact that Exelon is going all-in on cheaper and more profitable power generation is terrific news for investors, and the wider trend sweeping the power industry will be great news for General Electric investors, too. This $19 trillion industry could destroy the Internet One bleeding-edge technology is about to put the World Wide Web to bed. And if you act right away, it could make you wildly rich. Experts are calling it the single largest business opportunity in the history of capitalism... The Economist is calling it \""transformative\""... But you'll probably just call it \""how I made my millions.\"" Don't be too late to the party -- click here for one stock to own when the Web goes dark. The article Did Exelon Corporation Just Quietly Admit That Nuclear Power Is Dead? originally appeared on Fool.com. Maxx Chatsko has no position in any stocks mentioned. The Motley Fool recommends Exelon and Southern Company. The Motley Fool owns shares of General Electric Company. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Can American Electric Power (AEP) Beat Earnings in Q1? - Analyst Blog American Electric Power Co., Inc.AEP will release first-quarter 2015 earnings results before the market opens on Apr 23, 2015. Though the utility reported a negative earnings surprise of 7.69% in the last quarter, we expect it to beat expectation this quarter. Why a Likely Positive Surprise? Our proven model shows that American Electric Power is likely to beat earnings because it has the right combination of two key ingredients. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. This is the case here. Zacks ESP : Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is at +0.90%. This is a meaningful and leading indicator of a likely positive earnings surprise for the shares. Zacks Rank : The combination of American Electric Power's Zacks Rank #3 and +0.90% ESP makes us confident of an earnings beat. The Sell-rated stocks (#4 and 5) should never be considered going into an earnings announcement. What is Driving the Better Than Expected Earnings? The improvement in economic conditions of American Electric Power's service territories is acting as a tailwind for the company. The company expects balanced growth in all major customer classes to further boost demand. American Electric Power expects to improve its 2015 earnings per share by 4% to 6% from 2014 levels, mainly on its focus on regulated operations and cost discipline. Consistent investments made by the company to strengthen its transmission infrastructure are likely to add nearly 7 cents per share to earnings in 2015. Other Stocks to Consider Here are some other companies tied to the Electric utility industry worth considering on the basis of our model, which shows that they have the right combination of elements to post an earnings beat this quarter. TECO Energy, Inc. TE has an earnings ESP of +3.70% and carries a Zacks Rank #2. Exelon Corporation EXC has an earnings ESP of +1.54% and carries a Zacks Rank #3. Edison International EIX has an earnings ESP of +1.27% and carries a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TECO ENERGY (TE): Free Stock Analysis Report AMER ELEC PWR (AEP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report EDISON INTL (EIX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-04-22,18.1426,18.2033,17.9806,18.04,
EXC,2015-04-23,18.046,18.1603,17.9532,18.0313,
EXC,2015-04-24,18.0372,18.7151,18.0137,18.5549,
EXC,2015-04-27,18.5813,18.6185,18.0615,18.1827,"Will Edison International (EIX) Q1 Earnings be a Letdown? - Analyst Blog Electric utility provider Edison InternationalEIX is scheduled to report its first-quarter 2015 earnings results on Apr 28, 2015 after market close. Last quarter, Edison International posted a positive earnings surprise of 26.19%. Let's see how things are molding for this quarter. Factors to Consider This Quarter Rosemead, CA-based Edison International, through its subsidiaries, engages in the supply of electricity in central, coastal and southern California. The company's chief unit, Southern California Edison (""SCE""), operates in a supportive regulatory environment that allows the utility to grow systematically. In 2014, SCE entered into a contract wherein it will be sourcing power worth 2,221 megawatts from diverse sources. This will be enough to power about 9,50,000 homes and enable the company to meet the long-term electricity needs of its customers. Focus on clean sources of energy will ensure that the company meets stringent environment regulations. However, Edison International's operations are subject to complex federal, state and local legislative requirements, as well as extensive environmental regulations. The company generates more than 80% of its revenues from regulated utility assets. Hence, the company's earnings are subject to approvals from regulatory bodies and any adverse ruling could impact its performance. Earnings Whispers? Our proven model does not conclusively show that Edison International will beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to be able to beat consensus estimates. That is not the case here as you will see below. Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is at -1.28%. This is because the Most Accurate estimate stands at 77 cents per share, lower than the Zacks Consensus Estimate of 78 cents. Zacks Rank: Edison International has a Zacks Rank #3 which when combined with a -1.28% ESP makes earnings prediction difficult. We caution against stocks with Zacks Ranks #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are some stocks in the utility industry you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this season: Dominion Resources, Inc. D has an earnings ESP of +1.04% and a Zacks Rank #3. Eversource Energy ES has an earnings ESP of +5.00% and a Zacks Rank #3. Exelon Corp. EXC has an earnings ESP of +1.49% and a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EDISON INTL (EIX): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report EVERSOURCE EGY (ES): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-04-28,18.1026,18.3947,18.046,18.3722,"NiSource's (NI) Q1 Earnings Preview: What to Look For? - Analyst Blog Energy holding company, NiSource Inc.NI is set to report its first-quarter 2015 results before the opening bell on Apr 30, 2015. Last quarter, NiSource posted a negative earnings surprise of 1.92%. Let's see how things are shaping up for this earnings announcement. Factors Influencing This Quarter The current shale boom in the U.S. explains NiSource's aggressive investments in midstream development as well as modernization initiatives. To capitalize on the resource-rich Marcellus and Utica basins, the company steadily increased its investments in the last three years and plans to continue to do so in the coming years. Last year, the company placed into service new revenue generating assets worth more than $800 million. These additions will definitely be reflected in the company's revenues and earnings this quarter. Moreover, NiSource's assets are positioned in an energy-intensive region extending from the Gulf Coast to the Midwest, Mid-Atlantic, New England and Northeast. This corridor comprises over 30% of the country's population and nearly 31% of its natural gas consumption. The growing needs of the region are likely to boost the company's revenues. Earnings Whispers? Our proven model does not conclusively show that NiSource is likely to beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to be able to beat consensus estimates. That is not the case here as you will see below. Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is at 0.00%. This is because both the Most Accurate Estimate and the Zacks Consensus Estimate are at 82 cents per share. Zacks Rank: Though NiSource has a Zacks Rank #3, its 0.00% ESP complicates the predictive power. We caution against stocks with Zacks Ranks #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are some stocks in the utility industry you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this season: Dominion Resources, Inc. D has an earnings ESP of +1.04% and a Zacks Rank #3. Eversource Energy ES has an earnings ESP of +5.00% and a Zacks Rank #3. Exelon Corp. EXC has an earnings ESP of +2.99% and a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NISOURCE INC (NI): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report EVERSOURCE EGY (ES): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-04-29,18.2472,18.509,18.0674,18.426,"Southern Company Q1 Earnings Miss on Weak Electricity Sales - Analyst Blog Electric utility firm Southern CompanySO reported first quarter 2015 earnings per share (excluding certain one-time items) of 56 cents, a penny shy of the Zacks Consensus Estimate of 57 cents. Moreover, Southern Company's performance deteriorated from the year-ago adjusted profit of 66 cents per share. The weak numbers could be attributed to lower residential and commercial sales. The Southern Company - Quarterly EPS | FindTheCompany The Atlanta, GA-based power supplier's quarterly revenue - at $4,183 million - came 9.9% lower than the first quarter 2014 level of $4,644 million. It also failed to surpassed the Zacks Consensus Estimate of $4,243 million. Overall Sales Breakup Milder winter weather adversely affected Southern Company's electricity demand. This brought about a downward movement in overall electricity sales and usage. Total electricity sales during the first quarter deteriorated 3.3% from the same period last year. Southern Company's total retail sales fell 1.2%. This reflects lower residential and commercial sales that decreased 4.2% and 1.1% year over year, respectively. This was partially offset by higher demand from industrial customers, which increased by 1.9%. Expenses Summary Southern Company's operations and maintenance cost jumped 13.8% to $1,122 million, though the company's total operating expense for the period - at $3,226 million - was approximately 18.2% lower than the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. EXC and Duke Energy Corp. DUK - currently retains a Zacks Rank #3 (Hold). Meanwhile, one can look at better-ranked players in the same industry like MGE Energy Inc. MGEE as a good buying opportunity. This electric utility stock - sporting a Zacks Rank #1 (Strong Buy) - offers tremendous value and is worth buying now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SOUTHERN CO (SO): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report MGE ENERGY INC (MGEE): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-04-30,18.4211,18.5452,18.1915,18.5384,"[""Exelon Corporation Q1 Earnings Beat Estimates, Shares Up - Analyst Blog Exelon Corporation EXC gained a slender 0.3% to close at $33.82 following its release of first-quarter 2015 results yesterday. The company reported first-quarter 2015 adjusted operating earnings of 71 cents per share, surpassing the Zacks Consensus Estimate of 68 cents by 4.4% and the high end of the guidance range of 60-70 cents. Quarterly earnings also improved by 18.3% from 61 cents per share in the year-ago quarter. The upside was due to lower storm cost and favorable weather at PECO Energy Company (\""PECO\"") and higher distribution revenue pursuant to increased rates effective from Dec 2014 at Baltimore Gas and Electric (\""BGE\""). Exelon Corporation - Earnings Surprise | FindTheCompany On a GAAP basis, quarterly earnings were 80 cents per share compared with 10 cents per share a year ago. The difference between GAAP and adjusted operating earnings was due to the combined impact of a gain of 18 cents from different one-time items, offset by one-time charges of 9 cents. Total Revenue In the first quarter, Exelon's total operating revenues of $8.63 billion lagged the Zacks Consensus Estimate by 0.9%. Quarterly revenues increase 6.8% year over year primarily on the back of higher contribution from Generation (up 7.7%) and ComEd (up 4.5%). This was partially offset by lower revenues at PECO (down 0.8%) and BGE (down 1.7%). Quarterly Highlights In the quarter under review, Exelon's total operating expenses increased 6.8% year over year to $7,460 million, primarily due to higher purchased power and fuel costs, and operating and maintenance expenses. The company reported an operating income of $1,177 million in the quarter, up 22.2% from $963 million a year ago. Interest expenses increased 12.8% year over year to $256 million on higher long-term debt. Financial Update As of Mar 31, 2015, Exelon's cash and cash equivalents were $1.82 billion compared with $1.88 billion at the end of 2014. Long-term debt as of Mar 31, 2015, totaled $20.52 billion, up from $19.36 billion as of Dec 31, 2014. In first-quarter 2015, net cash flow from operating activities was $1,490 million compared with $165 million in the year-ago quarter. Exelon's capital expenditure was $1,784 million in the reported quarter compared with the prior-year figure of $1,217 million. Hedges Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Mar 31, 2015 was 94-97% for 2015, 67-70% for 2016, and 37-40% for 2017. Guidance Exelon maintained its guidance for 2015 adjusted earnings in the range of $2.25 to $2.55 per share. Exelon expects second-quarter 2015 earnings in the range of 45 cents to 55 cents per share. Other Releases American Electric Power Company Inc. AEP reported first-quarter 2015 operating earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.11 by 15.3%. NextEra Energy, Inc. NEE announced first-quarter 2015 adjusted earnings of $1.41 per share, beating the Zacks Consensus Estimate of $1.28 by 10.2%. Merger Update Exelon's merger with Pepco Holdings Inc. POM is on course and is expected be completed in the second half of 2015, subject to regulatory approval. Zacks Rank Exelon currently has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMER ELEC PWR (AEP): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Sending Nuclear Waste to the Center of the Earth is Bad News for General Electric Nuclear waste may have a one-way ticket to a small, dark hole underground. Source: General Physics Laboratory/ Flickr . The energy revolution that transformed the United States into the top oil producer and a leading natural gas producer may have also provided an easy solution to nuclear waste disposal. It may sound a bit crazy at first, but the U.S. Department of Energy is set to experiment with a technique to dispose of nuclear wastes by drilling 3-mile boreholes into the Earth's crust and then, well, dropping radioactive materials into their geological tombs. For good. The technique, pioneered by researchers at the University of Sheffield in the United Kingdom, could represent an amazingly simple and low-cost solution to nuclear waste disposal. That could be (really) great news for atomic energy leaders such as Exelon Corporation . It could also swipe away a key opportunity for next-generation nuclear waste use, such as the cutting edge technology currently being pioneered by General Electric Company which is designed to consume spent nuclear fuel all while actually generating electricity. This is still just an emerging possibility, but it's one that could radically alter the nuclear landscape. Which of course begs the question, what should investors make of the recent developments? Deep-hole nuclear disposal If drilling a deep hole and tossing stuff into it to be forgotten sounds incredibly simple (minus a few clutch details), and the benefits seem blatantly obvious, then you might just be onto something. Fergus Gibb, the technique's pioneer, told The Engineer that each bore hole, measuring roughly 3 miles deep and 2 feet wide, would cost just a few tens of millions of dollars to drill. That compares favorably to long-term geological repositories such as Yucca Mountain, which would require billions of dollars to study, mine, and build. (For perspective: Yucca Mountain cost over $12 billion -- and it wasn't even completed!) Better yet, Gibb said about six boreholes would be sufficient to store all of the United Kingdom's existing high-level wastes and would take just five years to drill, fill, and seal. That last part is a bit trickier, although the processes have been studied, and solutions have been developed or are in the works. You can read the details on your own, although it's important to note that after sealing the boreholes with melted granite that fuses with surrounding rock formations, you'll never be able to tell a hole was drilled at all. That's enough to intrigue the DOE, which is conducting a trial with Sandia National Laboratory to take place in late 2016. If successful, the DOE will move forward to dispose of \""small capsules of highly radioactive cesium and strontium being held at the Hanford nuclear facility in Washington State,\"" which contributed to weapons research during the Manhattan Project. Nearly 40% of the facility's waste could fit in one 3-mile-deep borehole. The Hanford Nuclear site was home to the world's first plutonium reactor. Source: Wikimedia Commons . A successful outcome would be great news in terms of safely storing nuclear wastes, but it's a bit of a mixed bag for investors. Cheers (Exelon)... First, the good news. Although there is no long-term plan for disposing of nuclear waste, the Nuclear Regulatory Commission has always been preparing for the inevitable decommissioning of nuclear power plants. Thus, every nuclear power plant in the United States has been required to pay into the Nuclear Decommissioning Trust, or NDT, at a rate of $0.001 per kilowatt hour of electricity to fund future closure and waste disposal expenses. At the end of 2013, the Trust had a balance of $58 billion. It's no Apple war chest, but it's impressive nonetheless. Of course, when regulators set the massive balance requirement decades ago, it wasn't based on any expected expense, just with the expectation that decommissioning would be expensive. If something as simple and low-cost as deep-hole disposal becomes a suitable option, the NDT will have more than enough funds to cover it -- and the excess will be redistributed to companies that have been paying their fair share over the decades. That could result in an enormous payday for Exelon, which has paid the largest sum into the NDT -- nearly twice as much as its closest peer. At the end of 2014, the company reported over $7.5 billion of investments into the NDT in its cash flow statement. While some of that will be needed to restore the physical sites hosting nuclear power plants today, billions of dollars could be returned if deep-hole disposal works as planned and is utilized by the company. Exelon's Byron nuclear power plant. Source: Exelon . ...and jeers (General Electric) It's not all good news. General Electric has been hard at work resurrecting designs for a Generation IV small modular reactor, or SMR, called PRISM . Engineering and design work is still being completed, but the sodium-cooled reactor will be capable of consuming traditional nuclear fuels, plutonium fuels, and used nuclear wastes -- the same materials the DOE wants to bury deep underground. One of the major value propositions for PRISM, aside from its low-cost footprint and supercharged power capacity, was its ability to consume spent nuclear wastes. General Electric has been pursuing the United Kingdom's plutonium stockpile for the flagship deployment of the technology, but the opportunity to build SMRs at existing or decommissioned nuclear power plants was tremendous. If deep-hole disposal proves successful and emerges as the method of choice, General Electric could miss out a critical market for its latest atomic thrust. What does it mean for investors? From a completely neutral standpoint, successfully developing deep-hole disposal techniques would be a great development for society. We've invested hundreds of billions of dollars in nuclear energy technologies -- a monumental achievement in itself -- without developing adequate solutions to store the unfortunate byproducts. The technique proposed above would bail out humanity and could result in a massive payday for major nuclear power plant operators such as Exelon, but it could be devastating for next-generation nuclear developers attempting to utilize existing used nuclear fuel stockpiles. The silver lining is that General Electric will be successful with or without PRISM, given its diversification, although PRISM does have the potential to emerge as a leading revenue source for the company and investors should its use become heavily adopted. That being said, in the long run investors in GE may have to take one for the team. All 7 billion of us. This $19 trillion industry could destroy the Internet One bleeding-edge technology is about to put the World Wide Web to bed. And if you act quickly, you could be among the savvy investors who enjoy the profits from this stunning change. Experts are calling it the single largest business opportunity in the history of capitalism... The Economist is calling it \""transformative\""... but you'll probably just call it \""how I made my millions.\"" Don't be too late to the party -- click here for one stock to own when the Web goes dark. The article Why Sending Nuclear Waste to the Center of the Earth is Bad News for General Electric originally appeared on Fool.com. Maxx Chatsko has no position in any stocks mentioned. The Motley Fool recommends Apple and Exelon. The Motley Fool owns shares of Apple and General Electric Company. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-05-01,18.5549,18.645,18.3625,18.5931,
EXC,2015-05-04,18.5873,19.061,18.4807,18.9663,"[""Exelon Breaks Above 200-Day Moving Average - Bullish for EXC In trading on Monday, shares of Exelon Corp. (Symbol: EXC) crossed above their 200 day moving average of $34.41, changing hands as high as $34.69 per share. Exelon Corp. shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $30.66 per share, with $38.93 as the 52 week high point - that compares with a last trade of $34.70. According to the ETF Finder at ETF Channel, EXC makes up 5.28% of the Utilities Select Sector SPDR Fund ETF (Symbol: XLU) which is trading higher by about 1.1% on the day Monday. Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""3 Utilities to Bet on as Rate Hike Still Remains Uncertain - Earnings ESP The flurry of first-quarter earnings releases has begun to ebb with nearly 89% of the S&P 500 members having already released their numbers. The list includes most of the heavyweights across industries. It is time we draw investor attention to the highly regulated and defensive utility sector. Utilities generally render steady performances in all kinds of markets. Earnings growth for the S&P 500 utility companies which have already released Q1 results is 10.2% as compared to 4.7% for the index. The U.S. economy grew at a lower-than-expected rate of 0.2% during the first quarter of 2015 due to a stronger dollar, the decline in oil prices and a sluggish global economy. In this context, utilities have a more domestic focus and there is hardly any substitute for its services. Moreover, the utility industry is capital intensive and needs to access external sources of funds to expand its operations. The low interest rate environment, which has for sometime been near zero level, has been extremely conducive for its growth. With slowing economic growth and soft job additions in the first quarter, the Fed has in its latest statement last Wednesday retreated to a more dovish stance about interest rate hikes (read: 2 Utility Stocks for Low-Rate Environment ). Apart from rate hikes and policy changes in Washington, the utility sector is also at the mercy of the weather Gods. Winter played a minor role during the first quarter of 2015. The quarter was up against difficult comparisons as the prior-year period was hit by severe winter temperatures due to the polar vortex, which drove record demand for natural gas and electricity. The U.S. Energy Information Administration (EIA) projects electricity sales to commercial customers to increase 1.7% in 2015 and 1.4% in 2016. Sales to industrial customers are expected to rise 1.3% in 2015 and 1.1% in 2016. While residential demand is expected to increase 1.8% in the rest of 2015, it is projected to decline 1.1% in 2016. On the back of rising demand, the EIA forecasts U.S. electricity generation to increase by an average of 1.2% in 2015 and 0.6% in 2016. The average electricity rates across the U.S. are also likely to increase in 2015. Investments to strengthen transmission and distribution infrastructure and usage of more renewable sources will primarily drive regulated utility rates. The combination of higher sales and unit prices makes a strong case for the utilities this year. The drop in oil prices since the second half of 2014 has created a stir among the oil export dependent economies. Since oil prices are expected to remain low over the best part of 2015, it will surely impact the oil export oriented nations. In addition, a weak euro zone and slower-than-expected recovery in China are bound to increase the domestic focus of the U.S. investors. Apart from expanding their business organically, the players in the utility space are entering into strategic merger and acquisition (M&A) deals, which lead to cost synergies and better utilization of resources. Three major players in this space, Exelon Corporation ( EXC ), NextEra Energy ( NEE ) and Wisconsin Energy Corporation ( WEC ), are currently in the midst of M&A deals that are expected to close in 2015 subject to all necessary approvals. The utility sector earnings in the first quarter 2015 are expected to grow at 8.5% on the back of a 0.3% improvement in total revenues. In comparison, earnings for the S&P 500 group are expected to improve 1.6% from the same period last year on 3.3% lower revenues. As per the U.S. Bureau of Economic Analysis, consumer spending in the U.S. in the first quarter of 2015 increased to $11,173.1 billion from $11,119.6 billion in the fourth quarter of 2014. In addition, as per HousingEconomics.com, building permit in the U.S. in the first three months of 2015 increased 9% year over year to 241,100. These point toward a likely increase in demand for utility services in the upcoming quarters. Given the uncertain markets abroad and the uncertainty over the domestic interest rates hike, focusing on the utility stocks, which have consistent dividend payment histories and share buyback programs, is a prudent step. How to Select the Earnings Plays? Selecting the best stocks from the Electric Utility space may appear to be a daunting task. This is where we fall back on our proprietary methodology. It's fairly simple - stocks with the combination of a favorable Zacks Rank - Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) - and a positive Zacks Earnings ESP are the ones that are likely to surpass earnings estimates this announcement. Earnings ESP is our proprietary methodology for determining stocks that have a high probability of delivering earnings surprises in their next announcement. It shows the percentage difference between the Most Accurate Estimate and the Zacks Consensus Estimate. Our research shows that for stocks with this combination, the chance of a positive earnings surprise is as high as 70%. Here are three utility stocks that are currently equipped with the right combination of elements to post an earnings beat: Wisconsin Energy Corp. ( WEC ) has a Zacks Rank #2 and an Earnings ESP of +2.44%. The Zacks Consensus Estimate for the company's first-quarter earnings is 82 cents. Wisconsin Energy has delivered positive earnings surprises in three of the trailing four quarters with an average beat of 7.8%. The long-term earnings growth is pegged at 6%. Based in Milwaukee, WI, Wisconsin Energy Corporation is a diversified holding company, engaged in the generation and distribution of electricity in southeastern, east central and northern Wisconsin, as well as in the upper peninsula of Michigan. Wisconsin Energy Corp. is scheduled to announce its first-quarter 2015 financial results before the market opens on May 5. Sempra Energy ( SRE ) has a Zacks Rank #3 and an Earnings ESP of +12.21%. The Zacks Consensus Estimate for the company's first-quarter earnings is $1.31. Sempra Energy has delivered positive earnings surprises in three of the trailing four quarters with an average beat of 8.2%. The long-term earnings growth is pegged at 8.48%. Based in southern California, Sempra Energy is an energy services holding company involved in the sale, distribution, storage and transportation of electricity and natural gas. The company's businesses are broadly divided into Sempra Utilities, Sempra International and Sempra U.S. Gas & Power. Sempra Energy is scheduled to announce its first-quarter 2015 financial results before the market opens on May 5. Southwest Gas Corporation ( SWX ) has a Zacks Rank #3 and an Earnings ESP of +1.26%. The Zacks Consensus Estimate for the company's first-quarter earnings is $1.59 per share. Southwest Gas Corporation has delivered positive earnings surprises in three out of the trailing four quarters with an average beat of 34.7%. The long-term earnings growth is pegged at 5.5%. Based in Las Vegas, NV, Southwest Gas Corporation is engaged in purchasing, transporting and distributing natural gas in portions of Arizona, Nevada and California. As of December 31, 2014, it had 1,930,000 residential, commercial and industrial natural gas customers. Southwest Gas Corporation is scheduled to announce its first-quarter 2015 financial results on May 5. To Sum Up The utility sector is expected to outpace the performance of the S&P 500 in 2015. Earnings in the utility space are expected to improve 4.2% in 2015 compared with a 0.8% rise for the S&P 500. Moreover, a hesitant Fed lends support to an interest-rate sensitive sector like the utilities. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report SEMPRA ENERGY (SRE): Free Stock Analysis Report SOUTHWEST GAS (SWX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-05-05,18.8784,18.9936,18.4319,18.5384,"The Zacks Analyst Blog Highlights: Exelon, NextEra Energy, Wisconsin Energy, Sempra Energy and Southwest Gas - Press Releases For Immediate Release Chicago, IL - May 05, 2015 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Exelon Corporation ( EXC ), NextEra Energy ( NEE ), Wisconsin Energy Corporation ( WEC ), Sempra Energy ( SRE ) and Southwest Gas Corporation ( SWX ). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free . Here are highlights from Monday's Analyst Blog: 3 Utility Stocks as Rate Hike Still Unsure The flurry of first-quarter earnings releases has begun to ebb with nearly 89% of the S&P 500 members having already released their numbers. The list includes most of the heavyweights across industries. It is time we draw investor attention to the highly regulated and defensive utility sector. Utilities generally render steady performances in all kinds of markets. Earnings growth for the S&P 500 utility companies which have already released Q1 results is 10.2% as compared to 4.7% for the index. The U.S. economy grew at a lower-than-expected rate of 0.2% during the first quarter of 2015 due to a stronger dollar, the decline in oil prices and a sluggish global economy. In this context, utilities have a more domestic focus and there is hardly any substitute for its services. Moreover, the utility industry is capital intensive and needs to access external sources of funds to expand its operations. The low interest rate environment, which has for some time been near zero, has been extremely conducive for its growth. With slowing economic growth and soft job additions in the first quarter, the Fed has in its latest statement last Wednesday retreated to a more dovish stance about interest rate hikes (read: 2 Utility Stocks for Low-Rate Environment ). Apart from rate hikes and policy changes in Washington, the utility sector is also at the mercy of the weather Gods. Winter played a minor role during the first quarter of 2015. The quarter was up against difficult comparisons as the prior-year period was hit by severe winter temperatures due to the polar vortex, which drove record demand for natural gas and electricity. The U.S. Energy Information Administration (EIA) projects electricity sales to commercial customers to increase 1.7% in 2015 and 1.4% in 2016. Sales to industrial customers are expected to rise 1.3% in 2015 and 1.1% in 2016. While residential demand is expected to increase 1.8% in the rest of 2015, it is projected to decline 1.1% in 2016. On the back of rising demand, the EIA forecasts U.S. electricity generation to increase by an average of 1.2% in 2015 and 0.6% in 2016. The average electricity rates across the U.S. are also likely to increase in 2015. Investments to strengthen transmission and distribution infrastructure and usage of more renewable sources will primarily drive regulated utility rates. The combination of higher sales and unit prices makes a strong case for the utilities this year. The drop in oil prices since the second half of 2014 has created a stir among the oil export dependent economies. Since oil prices are expected to remain low over the best part of 2015, it will surely impact the oil export oriented nations. In addition, a weak euro zone and slower-than-expected recovery in China are bound to increase the domestic focus of the U.S. investors. Apart from expanding their business organically, the players in the utility space are entering into strategic merger and acquisition (M&A) deals, which lead to cost synergies and better utilization of resources. Three major players in this space, Exelon Corporation ( EXC ), NextEra Energy ( NEE ) and Wisconsin Energy Corporation ( WEC ), are currently in the midst of M&A deals that are expected to close in 2015 subject to all necessary approvals. The utility sector earnings in the first quarter 2015 are expected to grow at 8.5% on the back of a 0.3% improvement in total revenues. In comparison, earnings for the S&P 500 group are expected to improve 1.6% from the same period last year on 3.3% lower revenues. As per the U.S. Bureau of Economic Analysis, consumer spending in the U.S. in the first quarter of 2015 increased to $11,173.1 billion from $11,119.6 billion in the fourth quarter of 2014. In addition, as per HousingEconomics.com, building permit in the U.S. in the first three months of 2015 increased 9% year over year to 241,100. These point toward a likely increase in demand for utility services in the upcoming quarters. Given the uncertain markets abroad and the uncertainty over the domestic interest rates hike, focusing on the utility stocks, which have consistent dividend payment histories and share buyback programs, is a prudent step. How to Select the Earnings Plays? Selecting the best stocks from the Electric Utility space may appear to be a daunting task. This is where we fall back on our proprietary methodology. It's fairly simple - stocks with the combination of a favorable Zacks Rank - Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) - and a positive Zacks Earnings ESP are the ones that are likely to surpass earnings estimates this announcement. Earnings ESP is our proprietary methodology for determining stocks that have a high probability of delivering earnings surprises in their next announcement. It shows the percentage difference between the Most Accurate Estimate and the Zacks Consensus Estimate. Our research shows that for stocks with this combination, the chance of a positive earnings surprise is as high as 70%. Here are three utility stocks that are currently equipped with the right combination of elements to post an earnings beat: Wisconsin Energy Corp. has a Zacks Rank #2 and an Earnings ESP of +2.44%. The Zacks Consensus Estimate for the company's first-quarter earnings is 82 cents. Wisconsin Energy has delivered positive earnings surprises in three of the trailing four quarters with an average beat of 7.8%. The long-term earnings growth is pegged at 6%. Based in Milwaukee, WI, Wisconsin Energy Corporation is a diversified holding company, engaged in the generation and distribution of electricity in southeastern, east central and northern Wisconsin, as well as in the upper peninsula of Michigan. Wisconsin Energy Corp. is scheduled to announce its first-quarter 2015 financial results before the market opens on May 5. Sempra Energy ( SRE ) has a Zacks Rank #3 and an Earnings ESP of +12.21%. The Zacks Consensus Estimate for the company's first-quarter earnings is $1.31. Sempra Energy has delivered positive earnings surprises in three of the trailing four quarters with an average beat of 8.2%. The long-term earnings growth is pegged at 8.48%. Based in southern California, Sempra Energy is an energy services holding company involved in the sale, distribution, storage and transportation of electricity and natural gas. The company's businesses are broadly divided into Sempra Utilities, Sempra International and Sempra U.S. Gas & Power. Sempra Energy is scheduled to announce its first-quarter 2015 financial results before the market opens on May 5. Southwest Gas Corporation ( SWX ) has a Zacks Rank #3 and an Earnings ESP of +1.26%. The Zacks Consensus Estimate for the company's first-quarter earnings is $1.59 per share. Southwest Gas Corporation has delivered positive earnings surprises in three out of the trailing four quarters with an average beat of 34.7%. The long-term earnings growth is pegged at 5.5%. Based in Las Vegas, NV, Southwest Gas Corporation is engaged in purchasing, transporting and distributing natural gas in portions of Arizona, Nevada and California. As of December 31, 2014, it had 1,930,000 residential, commercial and industrial natural gas customers. Southwest Gas Corporation is scheduled to announce its first-quarter 2015 financial results on May 5. To Sum Up The utility sector is expected to outpace the performance of the S&P 500 in 2015. Earnings in the utility space are expected to improve 4.2% in 2015 compared with a 0.8% rise for the S&P 500. Moreover, a hesitant Fed lends support to an interest-rate sensitive sector like the utilities. Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free . About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks ""Profit from the Pros"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report SEMPRA ENERGY (SRE): Free Stock Analysis Report SOUTHWEST GAS (SWX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-05-06,18.5746,18.6136,18.0615,18.2217,
EXC,2015-05-07,18.2472,18.5384,18.2217,18.4319,
EXC,2015-05-08,18.6517,18.8159,18.3889,18.4856,
EXC,2015-05-11,18.4446,18.6136,18.1192,18.1867,
EXC,2015-05-12,18.1378,18.3996,17.9532,18.3342,"[""Duke Energy Corporation (DUK) Ex-Dividend Date Scheduled for May 13, 2015 Duke Energy Corporation ( DUK ) will begin trading ex-dividend on May 13, 2015. A cash dividend payment of $0.795 per share is scheduled to be paid on June 16, 2015. Shareholders who purchased DUK prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DUK has paid the same dividend. At the current stock price of $76.57, the dividend yield is 4.15%. The previous trading day's last sale of DUK was $76.57, representing a -14.89% decrease from the 52 week high of $89.97 and a 11.28% increase over the 52 week low of $68.81. DUK is a part of the Public Utilities sector, which includes companies such as Exelon Corporation ( EXCU ) and Exelon Corporation ( EXC ). DUK's current earnings per share, an indicator of a company's profitability, is $4.02. Zacks Investment Research reports DUK's forecasted earnings growth in 2015 as 2.23%, compared to an industry average of 6.5%. For more information on the declaration, record and payment dates, visit the DUK Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DUK through an Exchange Traded Fund [ETF]? The following ETF(s) have DUK as a top-10 holding: SPDR Select Sector Fund - Utilities ( XLU ) iShares U.S. Utilities ETF ( IDU ) Vanguard Utilities ETF - DNQ ( VPU ) iShares Global Utilities ETF ( JXI ) PowerShares DWA Utilities Momentum Portfolio ( PUI ). The top-performing ETF of this group is JXI with an decrease of -1.23% over the last 100 days. XLU has the highest percent weighting of DUK at 9.01%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corporation (EXC) Ex-Dividend Date Scheduled for May 13, 2015 Exelon Corporation ( EXC ) will begin trading ex-dividend on May 13, 2015. A cash dividend payment of $0.31 per share is scheduled to be paid on June 10, 2015. Shareholders who purchased EXC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that EXC has paid the same dividend. At the current stock price of $33.38, the dividend yield is 3.71%. The previous trading day's last sale of EXC was $33.38, representing a -14.26% decrease from the 52 week high of $38.93 and a 8.87% increase over the 52 week low of $30.66. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXCU ). EXC's current earnings per share, an indicator of a company's profitability, is $2.57. Zacks Investment Research reports EXC's forecasted earnings growth in 2015 as 1.9%, compared to an industry average of 6.5%. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EXC through an Exchange Traded Fund [ETF]? The following ETF(s) have EXC as a top-10 holding: SPDR Select Sector Fund - Utilities ( XLU ) iShares U.S. Utilities ETF ( IDU ) Vanguard Utilities ETF - DNQ ( VPU ) First Trust Utilities AlphaDEX Fund ( FXU ) Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ). The top-performing ETF of this group is FXU with an decrease of -1.3% over the last 100 days. XLU has the highest percent weighting of EXC at 5.12%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-05-13,18.3625,18.4875,18.1212,18.1964,
EXC,2015-05-14,18.2501,18.4622,18.2472,18.4456,
EXC,2015-05-15,18.5286,19.0943,18.4113,18.9732,
EXC,2015-05-18,18.896,19.0162,18.808,18.9673,"[""Stock Market News for May 18, 2015 - Market News Markets added modest gains on Friday amid discouraging economic data. A flurry of weaker-than-expected economic reports increased expectations that the Fed will refrain from raising interest rates in the near term, which eventually helped the S&P 500 and the Dow end marginally higher. The day's minute gains were enough for the S&P 500 to close at a record level for the second consecutive session. However, the Nasdaq bucked the trend and ended slightly lower. Benchmarks ended a volatile week in the green. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) increased 0.1% to close at 18,272.56. The Standard & Poor's 500 (S&P 500) also gained 0.1% to 2,122.73. The tech-laden Nasdaq Composite Index closed at 5,048.29; declining a meager 0.05%. The fear-gauge CBOE Volatility Index (VIX) dropped 2.8% to settle at 12.38. A total of about 5.7 billion shares were traded on Friday, lower than the last five trading days' average of 6.2 billion. Advancers outpaced declining stocks on the NYSE. For 56% stocks that advanced, 41% declined. Investors grappled with a slew of discouraging economic reports on Friday. The Board of Governors of the Federal Reserve System reported a fifth straight decrease in industrial production in April. Industrial production declined 0.3% in April. This compared unfavorably with the consensus forecast of industrial production remaining unchanged. A stronger dollar, lower oil prices and weak global demand for goods were cited to be reasons behind this decline in industrial production. It had also dropped 0.3% in March. Moreover, manufacturing output was flat in April. Excluding autos, manufacturing output fell 0.1%. Separately, capacity utilization declined to 78.2%, wider than the consensus expectations of a decrease to 78.3%. Additionally, the Empire State Manufacturing Survey Index came in at 3.1 in May, increasing from a negative 1.19 in April. However, the reading fell short of the consensus estimate of an uptrend to 5.85. The reading indicated that manufacturing activity expanded at a less-than-expected pace for New York manufacturers. Meanwhile, preliminary reading on May's consumer sentiment dropped to a seven-month low. The University of Michigan and Thomson Reuters' preliminary reading of consumer sentiment was at 88.6 in May. This was less than the consensus forecast of a decrease to 95.6. Disappointing economic reports weighed on investors sentiment. However, weaker-than-expected economic data increased expectations that the Federal Reserve won't hike interest rates in the near term, which eventually helped benchmarks mostly end in the green. Weak economic data helped bond prices gain on Friday. Rise in U.S. Treasury prices dragged benchmark U.S. 10-year Treasury note yields down to 2.141% on Friday from 2.235% on Thursday. Utilities stocks gained due to rise in bond prices. The Utilities Select Sector SPDR (XLU) gained 1.3%, the highest among the S&P 500 sectors. Key utilities stocks including Duke Energy Corporation ( DUK ), Dominion Resources, Inc. ( D ), Exelon Corporation ( EXC ), Southern Company ( SO ) and PG&E Corporation ( PCG ) increased 0.9%, 0.8%, 2.9%, 1.3% and 1.1%, respectively. Decline in bond yields also boosted real estate stocks. The SPDR S&P Homebuilders ETF (XHB) advanced 0.81% and was the second biggest gainer among the S&P 500 sectors. Key holdings including KB Home ( KBH ), Beazer Homes USA Inc. ( BZH ), Ryland Group Inc. ( RYL ), Toll Brothers Inc. ( TOL ) and The Home Depot, Inc. ( HD ) increased 2.6%, 2.9%, 0.4%, 1.8% and 1.3%, respectively. Overall, 7 out of 10 sectors of the S&P 500 ended in the green. For the week, the S&P 500, the Dow and the Nasdaq gained 0.3%, 0.5% and 0.9%, respectively. Benchmarks ended in the green for the week amid mixed economic data, giving no clear indication to investors on the timing of a rate hike. While industrial production, producer price index and consumer sentiment declined, claims for unemployment benefits touched a 15-year low. Meanwhile, drop in global bond yields helped benchmarks settle in the green. European Central Bank President Mario Draghi's commitment to continue its asset purchasing program to stimulate Eurozone's economy helped stocks recover while bond yields declined. Additionally, a weaker dollar boosted investor sentiment on Thursday as it increases profit margins of U.S. exporters by making their products cheaper. Among the negatives, a drop in E. I. du Pont de Nemours and Company's ( DD ) shares weighed on the Dow on Wednesday. Meanwhile, investors were concerned about Greece's debt crisis on Monday, while China's rate cut to lift its economy failed to boost sentiment. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DUKE ENERGY CP (DUK): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report KB HOME (KBH): Free Stock Analysis Report BEAZER HOMES (BZH): Free Stock Analysis Report RYLAND GRP INC (RYL): Free Stock Analysis Report TOLL BROTHERS (TOL): Free Stock Analysis Report HOME DEPOT (HD): Free Stock Analysis Report DU PONT (EI) DE (DD): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Futures Today Slip 24 Points on SYY, POM, and BRK.A News MoneyMorning.com Report - For May 18, 2015, here is the top stock market news, pre-market movers, and stocks to watch , and stock futures today ... Stock Futures Today U.S. stock futures for Monday, May 18, forecast a decline of 23 points from Friday's close. The dip comes against a big week of speeches from Members of the Fed Open Market Committee and a number of earnings reports from big-box retailers, who are coming off a weak March-ending quarter due to supply chain problems and harsh winter weather. The DJIA Index limped across the finish on Friday, adding 20 points, after mixed economic data suggested that the U.S. economy is not growing as quickly as economists had anticipated. Microsoft Corp. (Nasdaq: MSFT) was the largest contributor to the S&P 500's decline on Friday by falling 1.3%. Top News in the Stock Market Today The Stock Market Today: Fresh off a new S&P 500 record high, investors will turn their attentions to two speeches by Chicago Federal Reserve Bank President Charles Evans this week. One is by Federal Reserve Chair Janet Yellen on Friday, and Wednesday's release of the FOMC meeting minutes from April. Investors are seeking insight from the divergent opinions among Fed members on when the central bank might raise interest rates. Looking Abroad: In China this morning, April housing price data fell for the eighth straight month, renewing concerns on whether or not recent interest rate cuts may help abate a hard landing in the nation's property market. Meanwhile, the Bank of Japan released March industrial production data, and the nation's continued efforts to weaken its currency have not had a dramatic effect on improving exports. Earnings in Focus: Companies reporting earnings on Monday include JA Solar Holdings Co. Ltd . (Nadsaq: JASO), Urban Outfitters Inc. (Nasdaq: URBN), and Agilent Technologies Inc. (NYSE: A). Oil Prices Today: Oil prices look to continue their rise after the sector just completed its ninth-straight week of gains. Geopolitical concerns in Iraq and Yemen were pushing prices higher. WTI crude futures for June were up 1.4% this morning at $60.53 per barrel. Meanwhile, Brent oil was up nearly 0.5% at $67.33 per barrel. Pre-Market Movers in the Stock Market Today: JASO, POM, EXC, HTZ Pre-Market Movers 1, JASO: Shares of JA Solar Holding (Nasdaq: JASO) are down more than 2% even after the company released positive March-ending earnings. As our energy expert Dr. Kent Moors explains, the decline of oil prices from record highs in June 2014 hasn't affected the renewable energy sector as much as experts previous thought. And it all comes down to one simple metric that could make investors wealthy... Pre-Market Movers 2,POM: Shares of Pepco Holdings Inc. ( POM ) and Exelon Corp. ( EXC ) were on the move this morning on news that the State of Maryland has formally approved their $6.9 billion merger. The deal was held up by critics in the Delmarva region who argued that the consolidation of the two companies would lead to higher electricity rates for customers. Pre-Market Movers 3, HTZ: Shares of Hertz Global Holdings Inc . ( HTZ ) continue to move on news that the car-rental agency plans to hike its fees. In June, the company said it will boost U.S. airport retail car-rental fees by $5 per day and $20 a week. At non-airport locations it will increase rates by $3 per day and $10 a week. Stocks to Watch Today: SYS, DE, JPM, BRK.A, IBM, WFC, KO, AXP Stocks to Watch No. 1, SYS: U.S. food distributor SYSCO Corp. ( SYY ) could face a $1 billion bill if the company's proposed merger with private rival U.S. Foods fails to obtain regulatory approval over antitrust concerns. A combination of legal, integration, and termination fees would nearly top ten figures, but the addition of capital costs pushed it over the top. Before its formal announcement, the deal seemed highly risky due to its nature of combining the two largest companies in the food distribution industry, a sector that already lacks significant competition. Stocks to Watch No.2, DE: Shares of Deere & Co. ( DE ) are in focus as the company plans to report earnings on Friday. Last Thursday, J.P. Morgan Chase & Co. (JPM) downgraded DE shares over new concerns regarding financing in the agricultural sector. The investment bank expects a credit crunch in the coming year that could affect investment in the agricultural technology industry. Stocks to Watch No. 3, BRK.A: It's Warren Buffett's market, and we're just investing in it. On Friday, the iconic investor's Berkshire Hathaway Inc. (NYSE: BRK.A) announced in a 13-F that it has hiked its stakes in International Business Machines (IBM), Wells Fargo Co. (WFC) and Visa Inc. (V), while slashing its holdings in Mastercard Inc. (M), Charter Communications Inc. (Nasdaq: CHTR), and Viacom Inc. (Nadsaq: VIAB). Despite IBM's recent struggles, Buffett says he's standing behind Big Blue as part of his \""Big Four\"" investments that also includes Wells Fargo, The Coca Cola Co. (KO), and American Express Co. (AXP). Today's U.S. Economic Calendar (all times EST) Housing Market Index at 10 a.m. 4-Week Bill Announcement at 11 a.m. 3-Month Bill Auction at 11:30 a.m. 6-Month Bill Auction at 11:30 a.m. What Investors Must Know This Week How to Grab Profits During a Stock Market Crash M&A: Invest in the Next Tech Takeover Targets How to Profit from the Keystone Pipeline Debate To get full access to all Money Morning content including our latest Premium Report, \""How to Make 2015 Your Wealthiest Year Ever,\"" click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience - for free . Our experts - who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV - deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: \u00a9 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-05-19,18.852,19.111,18.808,19.0396,
EXC,2015-05-20,19.0279,19.0767,18.8422,18.8784,
EXC,2015-05-21,18.8901,19.0396,18.8305,18.9507,
EXC,2015-05-22,18.8901,18.9986,18.7788,18.9175,
EXC,2015-05-26,18.896,18.9097,18.4768,18.636,"Exelon Corporation (EXCU) Ex-Dividend Date Scheduled for May 27, 2015 Exelon Corporation ( EXCU ) will begin trading ex-dividend on May 27, 2015. A cash dividend payment of $0.8125 per share is scheduled to be paid on June 01, 2015. Shareholders who purchased EXCU prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that EXCU has paid the same dividend. At the current stock price of $49.73, the dividend yield is 6.54%. The previous trading day's last sale of EXCU was $49.73, representing a -10.62% decrease from the 52 week high of $55.64 and a 4.92% increase over the 52 week low of $47.40. EXCU is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). For more information on the declaration, record and payment dates, visit the EXCU Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-05-27,18.643,18.7533,18.6097,18.6713,
EXC,2015-05-28,18.6713,18.7485,18.5335,18.6713,"TEV: Using Total Enterprise Value to See the Bigger Picture Most investors only care about a company's market capitalization. But sometimes a company's market cap doesn't tell the whole story as it doesn't reveal its total size. This can leave investors dangerously exposed to a company's debt, which could be looming below the horizon. That's why investors really need to take a closer look at a company's total enterprise value, or TEV, because it provides investors a full picture of a company's capital structure. That picture sometimes shows that the company is weighted down by a dangerous pile of debt or that the company's valuation isn't as expensive as it appears when looking at only its market cap. Calculating TEV Calculating a company's TEV is pretty easy as investors just need to pull up its latest balance sheet. The formula is simply: TEV = Market Capitalization + Debt + Preferred Stock-Cash and Equivalents. What this really tells investors is how much debt a company has in its capital structure. It also gives us an idea of what it would cost a buyer to acquire the company. Further, once we have a company's TEV we can use it to run a number of calculations that provide a more accurate picture of a company's valuation, financial health, and returns. Using TEV to see below the surface Many companies use debt to fund their growth, however, some use a lot more of it than others. This can actually hide the true size of an entity. We see this by comparing the market capitalizations to the enterprise values of three well-known companies: General Motors (NYSE: GM), Freeport-McMoRan (NYSE: FCX), and Exelon (NYSE: EXC). Here's a look at the market caps. GM Market Cap data by YCharts By market caps all three companies look big, but not huge. However, when we add in the debt these companies carry as part of their TEV we see that these companies are a lot bigger than the market cap indicated. GM Market Cap data by YCharts Note that all three companies are carrying in excess of $20 billion in debt and/or preferred equity, which bolsters their TEVs to be substantially higher than the current market cap. This means a would-be buyer would really have to put up a lot of money to buy out one of these companies. Using TEV to get a better valuation multiple The other important reason to look at a company's TEV is because it can help to normalize a company's valuation. We see a great example of this by comparing two of America's top independent oil companies, ConocoPhillips and EOG Resources . A common valuation multiple used by most investors is the Price-to-Earnings ratio, or P/E ratio. For the most part it's a solid ratio to use, but sometimes it doesn't tell the whole story as it only factors in the market cap. Because of this it can make a stock look expensive relative to a close peer when in fact it's not as expensive. For example, if we take a look at the P/E ratios of ConocoPhillips and EOG Resources it would seem that EOG is much more expensive. EOG P/E Ratio (TTM) data by YCharts However, if we factor in the TEV of these two oil giants we find that ConocoPhillips uses a bit more debt. In fact, its equity market cap as a percentage of its TEV is about 80% equity while EOG Resources' is about 91% equity as debt makes up a lower percentage of its enterprise value. We can then normalize for this by using an EBITDA-to-Enterprise Value, which is similar to the P/E Ratio, but looks at underlying cash flow generation and factors in debt. Here's what we find by switching to a valuation based on TEV: EOG EV to EBITDA (TTM) data by YCharts As we can see, the valuations are nearly identical. This suggests that EOG Resources isn't quite as expensive, which is why it can pay to look at the whole picture. Investor Takeaway By looking at a company's TEV we get to see the whole picture of a company's value. In a sense the TEV is what a buyer would need in order to buy the entire company. Further, the TEV enables investors to use a better valuation metric, which factors in debt and can tell a completely different story a valuation metric that looks at market cap alone. This $19 trillion industry could destroy the Internet One bleeding-edge technology is about to put the World Wide Web to bed. And if you act quickly, you could be among the savvy investors who enjoy the profits from this stunning change. Experts are calling it the single largest business opportunity in the history of capitalism... The Economist is calling it ""transformative""... But you'll probably just call it ""how I made my millions."" Don't be too late to the party -- click here for one stock to own when the Web goes dark. The article TEV: Using Total Enterprise Value to See the Bigger Picture originally appeared on Fool.com. Matt DiLallo owns shares of ConocoPhillips. The Motley Fool recommends General Motors. The Motley Fool owns shares of EOG Resources, and Freeport-McMoRan Copper & Gold,. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-05-29,18.6937,18.7094,18.468,18.6058,
EXC,2015-06-01,18.7035,18.8197,18.5648,18.6937,
EXC,2015-06-02,18.5706,18.643,18.3235,18.5472,
EXC,2015-06-03,18.5774,18.6097,18.3235,18.3792,"[""Exelon-Pepco Merger Gets Approval from Delaware PSC - Analyst Blog The merger between Exelon CorporationEXC and Pepco Holdings Inc. POM has been approved by the Delaware Public Service Commission (PSC) upon the terms set forth in the parties' application in the Amended Settlement Agreement filed with the PSC on Apr 7, 2015. The companies submitted their original application to merge to the PSC on Jun 18, 2014. The Amended Settlement Agreement provided for over $42 million in direct benefits, and other economic benefits to Delaware and Delmarva Power customers. The terms also promote energy efficiency and support workforce development. Signed in April last year, the merger will combine Exelon's three electric and gas utilities - BGE , ComEd and PECO Energy Company - with Pepco Holdings' electric and gas utilities - Atlantic City Electric, Delmarva Power and Pepco. The merger also received approvals from the Maryland PSC in May 2015 and the New Jersey Board of Public Utilities in Feb 2015, and from the Federal Energy Regulatory Commission in Nov 2014, the Virginia State Corporation Commission in Oct 2014 and Pepco Holdings' shareholders in Sep 2014. The merged entity will serve about 10 million customers and have a rate base of roughly $26 billion. Exelon and Pepco expect to complete the merger in the second or third quarter of 2015, subject to approval by the Public Service Commission of the District of Columbia. The similar business models of Exelon and Pepco and existing assets in close proximity will be an added advantage for the merger. Exelon management believes this merger will contribute nearly 15 cents to 20 cents to the bottom line from the first full year of joint operations. Last month, Exelon reported first-quarter 2015 adjusted operating earnings of 71 cents per share, surpassing the Zacks Consensus Estimate of 68 cents by 4.4% and above the company's guided range of 60-70 cents. Quarterly earnings also improved 18.3% from 61 cents per share in the year-ago quarter. The upside was driven by lower storm costs and favorable weather at PECO Energy and higher distribution revenues pursuant to increased rates, effective Dec 2014 at Baltimore Gas and Electric. Currently, Exelon carries a Zacks Rank #3 (Hold), while Pepco Holdings holds a Zacks Rank #4 (Sell). Better-ranked stocks in the same industry include National Grid plc NGG and RWE AG RWEOY . Both stocks sport a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NATL GRID -ADR (NGG): Free Stock Analysis Report RWE AG -SP ADR (RWEOY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for June 03, 2015 - Market News Benchmarks ended slightly lower after a slump in utility stocks offset rise in energy shares. While high-dividend utility stocks took a beating due to rise in bond yields, energy shares gained as weaker dollar pushed oil prices higher. The euro strengthened against the dollar on upbeat Eurozone inflation data. Moreover, encouraging news on Greece's debt crisis boosted the single currency. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) declined 0.2% to close at 18,011.94. The Standard & Poor's 500 (S&P 500) decreased 0.1% to 2,109.60. The tech-laden Nasdaq Composite Index closed at 5,076.52; declining 0.1%. The fear-gauge CBOE Volatility Index (VIX) went up 1.9% to settle at 14.24. A total of about 5.5 billion shares were traded on Tuesday, lower than the last five sessions' average of 6.3 billion. Advancers outpaced declining stocks on the NYSE. For 52% stocks that advanced, 44% declined. The yield on the 10-year U.S. Treasury note climbed to 2.266% on Tuesday, the highest level this year. Treasury prices dropped in the U.S. markets after a report showed Eurozone consumer prices increased for the first time in six months in May. Core inflation rose to 0.9% in May from April's record low figure of 0.6%. Eurozone inflation data also boosted European yields. In Germany, the 10-year bund yield went up 0.707%, resulting in heavy selling in German debt market. Rise in bond yields had a negative impact on high-dividend sectors including utilities and real estate investment trusts on Tuesday. While the Utilities Select Sector SPDR (XLU) declined 1.3%, the highest among the S&P 500 sectors, the MSCI US REIT index fell 0.9%. Key utilities stocks including NextEra Energy Inc ( NEE ), Exelon Corporation ( EXC ), Southern Company ( SO ), PG&E Corporation ( PCG ) and Duke Energy Corporation ( DUK ) dropped 1.3%, 0.8%, 0.9%, 1.4% and 1.3%, respectively. Meanwhile, investors kept an eye on Greece's debt crisis. According to sources, these key leaders have reached a consensus on the 'terms of a proposed deal' that should be offered to Greece. Greece has also submitted a proposal to get more funds from its lenders. IMF Managing Director Christine Lagarde had said a lot needs to be done between Greece and its lenders before agreeing on a cash-for-reforms deal. Greece needs to pay 300 million euros to the IMF on Jun 5. Positive news emanating from Greece and upbeat Eurozone consumer-price inflation data helped the euro jump against the dollar. The euro surged to $1.1164 on Tuesday from $1.0932 on Monday. A weaker dollar boosted oil prices, which in turn helped energy and material stocks move north. The Energy Select Sector SPDR (XLE) gained 0.7%, the highest among the S&P 500 sectors. Key energy stocks including Schlumberger Limited ( SLB ) and ConocoPhillips ( COP ) increased 0.9% and 0.7%, respectively. The Materials Select Sector SPDR ETF (XLB) advanced 0.3% and was the second biggest gainer among the S&P 500 sectors. Key stocks from the sector including The Dow Chemical Company ( DOW ) and LyondellBasell Industries N.V. ( LYB ) increased 0.8% and 0.9%, respectively. Overall, 6 out of 10 sectors of the S&P 500 ended in the green. Investors also remained focused on economic data for clues on when the Federal Reserve will raise interest rates. According to the U.S. Department of Commerce, new orders for manufactured goods decreased 0.4% in April. This reading follows an increase of 2.2% in March. The consensus estimated factory orders to remain unchanged in April. Separately, unfilled orders were down 0.1%, shipments remained unchanged and inventories increased 0.1%. Separately, U.S. auto sales report showed domestic-made vehicle sales climbed to an annualized rate of 14.2 million in May, more than the consensus expectation of an increase to 13.2 million. Sales on a seasonally adjusted annualized rate (\""SAAR\"") basis surged to 17.78 million in May from 16.52 million in April. This is the highest SAAR since Jul 2005. Additionally, U.S. light-vehicle sales increased 1.6% year over year to 1.63 million units in May 2015. This is a record high for May sales. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NEXTERA ENERGY (NEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report SCHLUMBERGER LT (SLB): Free Stock Analysis Report CONOCOPHILLIPS (COP): Free Stock Analysis Report DOW CHEMICAL (DOW): Free Stock Analysis Report LYONDELLBASEL-A (LYB): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-06-04,18.3165,18.7124,18.2961,18.473,
EXC,2015-06-05,18.3401,18.4387,18.1896,18.3849,
EXC,2015-06-08,18.4329,18.4387,18.169,18.2072,
EXC,2015-06-09,18.1964,18.3078,18.1104,18.2072,
EXC,2015-06-10,18.7251,18.8559,18.6156,18.7953,"Zacks Industry Outlook Highlights: Exelon, Wisconsin Energy, Pepco Holdings and Integrys Energy Group - Press Releases Chicago, IL - June 10, 2015 - Today, Zacks Equity Research discusses the Utilities (Part 2), including Exelon Corporation ( EXC ), Wisconsin Energy Corporation ( WEC ), Pepco Holdings ( POM ) and Integrys Energy Group, Inc. ( TEG ). Industry: Utilities (Part 2) Link: http://www.zacks.com/commentary/47836/utility-sector39s-positive-attributes A combination of steady electricity price gains and stable-to-improving demand are helping the utility sector's earnings power. The favorable demand backdrop is a function of the improving outlook for the U.S. economy, with recent readings confirming that growth has resumed in the current period following the weather-induced sub-par showing in Q1. Measures of labor market, housing and other areas have started showing strong momentum lately. Utility companies are steadily improving the environmental impact of their operations by investing in more environment-friendly power generation facilities. Per a recent release from the U.S. government's Energy Information Administration (EIA), 31 gigawatts (GW) of coal-fired generating capacity is projected to be retired and 4 GW converted to natural gas facilities between 2014 and 2016. The phasing out of coal-fired plants will largely be influenced by the need to comply with Mercury and Air Toxics Standards and exploit low natural gas prices . The EIA also projects that the share of renewables to total electricity generation will rise from 13% in 2013 to 18% in 2040. We believe a constructive rate environment, increase in electricity production from natural gas and renewables and investments in infrastructure upgrade projects will definitely enable the utilities to efficiently serve a larger customer base. In the segments below, we discuss the basic strengths of the utility sector: Stable & Growing Demand The biggest positive as well as the fundamental strength of the utilities sector is that there is basically no viable substitute for their services. The endless need for electricity and utility services are driving the sector. This gives the revenues and cash flows a high level of certainty and visibility. Regular Dividend & Share Buybacks Utility operators generate more or less stable earnings unless there are severe factors disrupting their operations. The regulated nature of operations provides stability and removes volatility from future earnings. These operators in turn reward their shareholders through the payment of sustainable dividends and share buybacks. This was evident during the economic crisis of 2008-2009 when utilities continued to pay dividends without fail. Focused on R&D In their pursuit of improving the standard of services, utility operators have steadily invested in research and development (R&D). They have brought new smart meters, transmission and distribution lines, and gas pipelines into operation to meet the rising demand for power without compromising on energy efficiency. Utility operators are also benefiting from ongoing research in the solar photovoltaic (PV) sector. Solar energy is a growing alternate energy source and the new solar cells with higher conversion rates allow operators to generate more power from fewer solar panels. This enables the operators to lower the cost of generating power from alternate sources as these are generally more expensive than fossil fuel sources. Barriers to Entry Utility businesses are by their very nature monopolistic. In fact, that's the primary reason why they are so heavily regulated in the first place. But flip side of this heavy regulation is that they don't have to worry about new entrants in their area of operations as companies in other industries have to do. The need for greater capital investments also creates a big hurdle for new operators in the space. Mergers and Acquisitions Utility sector operators don't shy away from relying on M&A activities to supplement their organic growth measures. In addition to giving their operations greater scale and scope, such measures also lead to cost synergies and better utilization of resources. We believe that in a mature energy market like the U.S., mergers and acquisitions represent a sure way to enhance market share. This expands market reach through the usage of transmission and distribution lines, diversifies the generation portfolio of the companies and also lowers operating costs through the usage of common back office space to control the expanded operation. Two utility majors, Exelon Corporation ( EXC ) and Wisconsin Energy Corporation ( WEC ), are currently working on their respective acquisition deals. Exelon expects to close the acquisition of Pepco Holdings ( POM ) in second half of 2015 and Wisconsin Energy Corp. expects to close the acquisition of Integrys Energy Group, Inc. ( TEG ) by 2015, subject to all necessary approvals. Utility Services Have No Alternative We can have different fuel types like coal, oil, natural gas, nuclear power and renewable sources to produce electricity, but do not have any alternative to electricity. Similarly, clean water does not have any substitute. This is perhaps the most vital driving factor for the industry. To Sum Up Stable operations, highly visible revenues and cash flows, combined with the sector's income/yield attributes are some of its key defining features. That's why this sector has historically provided investors a safe refuge in times of market turbulence and uncertainty. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report INTEGRYS ENERGY (TEG): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-06-11,18.9145,18.9272,18.7251,18.8364,"Utilities Plan to Launch Grid Assurance for Resiliency - Analyst Blog Eight electric utilities announced that they have signed a memorandum of understanding to pursue the development of Grid Assurance, a limited liability company. The company is being developed to offer subscribers cost-effective solutions for enhancing grid resiliency and protecting customers from prolonged transmission outages. The consortium includes American Electric PowerAEP , Duke EnergyDUK , Edison InternationalEIX , Eversource EnergyES , Exelon CorporationEXC , Great Plains EnergyGXP , Southern CompanySO and Berkshire Hathaway Energy. Waste of Electricity and Outage A dated EIA report has estimated that over the 1990-2012 time frame an average of 6% of electricity was lost annually in the transmission and distribution network. The loss of electricity undoubtedly increases operating costs of the electric utilities and subsequently leads to higher unit charges. A wide range of factors affects the proper functioning of grids and transmission infrastructure in a country as huge as the U.S. Despite continuous investment in maintenance and upgrades of distribution and transmission infrastructure, the country is still vulnerable to physical attacks, electromagnetic pulses, solar storms, cyberattacks, earthquakes and severe weather events like hurricanes. Role of Grid Assurance Electricity, an innovation of science, has made day to day life easier. Uncountable activities go on smoothly powered by these invisible electrons. Grids and transmission lines come into play after electricity is generated in the production units. Any interruption in the performance of grids and transmission lines can result in prolonged supply blackouts. Restoration of the transmission grid can be delayed due to long lead times required to design, build and deliver critical replacement equipment including large transformers, circuit breakers and other specialized electrical equipment. The proposed Grid Assurance will be more cost-effective than companies independently securing emergency spare equipment for high-impact, low-frequency events due to economies of scale, diversification and improved logistics. How Will Grid Assurance Operate? Grid Assurance filed a petition with the Federal Energy Regulatory Commission (FERC) seeking confirmation to be part of a transmission-owning entity's strategy to effectively address grid resiliency. Grid Assurance will not be FERC regulated, but plans to charge cost-based subscription fees, similar to FERC-regulated transmission formula rates. Grid Assurance has plans to own and maintain equipment at secure, strategically located warehouses so that damaged equipment is being replaced at a much faster pace than traditionally possible. Advantage for Providers and End Users Grid Assurance's service will help electricity suppliers to substantially lower lead time for critical repair of infrastructural assets. Lower supply outages and effective services will help to boost performance. Customers will enjoy the benefits of faster repair of supply lines and will be saved from prolonged power outages. Zacks Rank American Electric Power, Duke Energy, Edison International, Eversource Energy, Exelon, and Great Plains Energy currently carry a Zacks Rank #3 (Hold), while Southern Company is better placed with a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMER ELEC PWR (AEP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report EDISON INTL (EIX): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EVERSOURCE EGY (ES): Free Stock Analysis Report GREAT PLAINS EN (GXP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-06-12,18.7485,18.8676,18.6233,18.643,"The Zacks Analyst Blog Highlights: American Electric Power, Duke Energy, Exelon, Great Plains Energy and Southern Company - Press Releases For Immediate Release Chicago, IL - June 12, 2015 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the American Electric Power ( AEP ), Duke Energy ( DUK ), Exelon Corporation ( EXC ), Great Plains Energy ( GXP ) and Southern Company ( SO ). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free . Here are highlights from Thursday's Analyst Blog: Utilities Plan to Launch Grid Assurance Eight electric utilities announced that they have signed a memorandum of understanding to pursue the development of Grid Assurance, a limited liability company. The company is being developed to offer subscribers cost-effective solutions for enhancing grid resiliency and protecting customers from prolonged transmission outages. The consortium includes American Electric Power ( AEP ), Duke Energy ( DUK ), Exelon Corporation ( EXC ), Great Plains Energy ( GXP ), Southern Company ( SO ) and Berkshire Hathaway Energy. Waste of Electricity and Outage A dated EIA report has estimated that over the 1990-2012 time frame an average of 6% of electricity was lost annually in the transmission and distribution network. The loss of electricity undoubtedly increases operating costs of the electric utilities and subsequently leads to higher unit charges. A wide range of factors affects the proper functioning of grids and transmission infrastructure in a country as huge as the U.S. Despite continuous investment in maintenance and upgrades of distribution and transmission infrastructure, the country is still vulnerable to physical attacks, electromagnetic pulses, solar storms, cyberattacks, earthquakes and severe weather events like hurricanes. Role of Grid Assurance Electricity, an innovation of science, has made day to day life easier. Uncountable activities go on smoothly powered by these invisible electrons. Grids and transmission lines come into play after electricity is generated in the production units. Any interruption in the performance of grids and transmission lines can result in prolonged supply blackouts. Restoration of the transmission grid can be delayed due to long lead times required to design, build and deliver critical replacement equipment including large transformers, circuit breakers and other specialized electrical equipment. The proposed Grid Assurance will be more cost-effective than companies independently securing emergency spare equipment for high-impact, low-frequency events due to economies of scale, diversification and improved logistics. How Will Grid Assurance Operate? Grid Assurance filed a petition with the Federal Energy Regulatory Commission (FERC) seeking confirmation to be part of a transmission-owning entity's strategy to effectively address grid resiliency. Grid Assurance will not be FERC regulated, but plans to charge cost-based subscription fees, similar to FERC-regulated transmission formula rates. Grid Assurance has plans to own and maintain equipment at secure, strategically located warehouses so that damaged equipment is being replaced at a much faster pace than traditionally possible. Advantage for Providers and End Users Grid Assurance's service will help electricity suppliers to substantially lower lead time for critical repair of infrastructural assets. Lower supply outages and effective services will help to boost performance. Customers will enjoy the benefits of faster repair of supply lines and will be saved from prolonged power outages. Zacks Rank American Electric Power, Duke Energy, Edison International, Eversource Energy, Exelon, and Great Plains Energy currently carry a Zacks Rank #3 (Hold), while Southern Company is better placed with a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks ""Profit from the Pros"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMER ELEC PWR (AEP): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report GREAT PLAINS EN (GXP): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-06-15,18.5511,18.6937,18.4768,18.595,"[""After Hours Most Active for Jun 15, 2015 : FOX, FOXA, EXC, AAPL, MSFT, QQQ, WRE, CSCO, DIS, MCD, JPM, C The NASDAQ 100 After Hours Indicator is down -.53 to 4,432.39. The total After hours volume is currently 50,002,277 shares traded. The following are the most active stocks for the after hours session : Twenty-First Century Fox, Inc. ( FOX ) is unchanged at $32.26, with 8,011,099 shares traded. As reported by Zacks, the current mean recommendation for FOX is in the \""strong buy range\"". Twenty-First Century Fox, Inc. ( FOXA ) is unchanged at $32.46, with 6,148,633 shares traded. As reported by Zacks, the current mean recommendation for FOXA is in the \""buy range\"". Exelon Corporation ( EXC ) is unchanged at $33.81, with 6,073,336 shares traded. As reported in the last short interest update the days to cover for EXC is 15.731202; this calculation is based on the average trading volume of the stock. Apple Inc. ( AAPL ) is -0.01 at $126.91, with 4,732,271 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2015. The consensus EPS forecast is $1.76. As reported by Zacks, the current mean recommendation for AAPL is in the \""buy range\"". Microsoft Corporation ( MSFT ) is +0.025 at $45.50, with 3,962,380 shares traded. MSFT's current last sale is 85.85% of the target price of $53. PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.04 at $108.25, with 2,356,265 shares traded. This represents a 19.96% increase from its 52 Week Low. Washington Real Estate Investment Trust ( WRE ) is unchanged at $25.40, with 1,717,870 shares traded. As reported in the last short interest update the days to cover for WRE is 13.290757; this calculation is based on the average trading volume of the stock. Cisco Systems, Inc. ( CSCO ) is -0.03 at $28.45, with 1,582,152 shares traded. As reported by Zacks, the current mean recommendation for CSCO is in the \""buy range\"". Walt Disney Company (The) ( DIS ) is unchanged at $110.18, with 1,369,408 shares traded. As reported in the last short interest update the days to cover for DIS is 8.942919; this calculation is based on the average trading volume of the stock. McDonald's Corporation ( MCD ) is -0.15 at $94.15, with 1,061,841 shares traded. MCD's current last sale is 92.3% of the target price of $102. J P Morgan Chase & Co ( JPM ) is +0.017 at $68.01, with 992,947 shares traded. As reported by Zacks, the current mean recommendation for JPM is in the \""buy range\"". Citigroup Inc. ( C ) is unchanged at $56.65, with 989,267 shares traded. As reported by Zacks, the current mean recommendation for C is in the \""buy range\"". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks to Watch in Nuclear Nuclear reactors can safely operate for 60-80 years. Image source: NRC/ Flickr . The original price tag for Vogtle 3 and Vogtle 4 was a staggering $14 billion. While that was buoyed by an $8.3 billion Department of Energy loan and a state guarantee for Georgia Power to cover an additional $6.1 billion, construction delays and untimely setbacks have pushed expected costs to nearly $18 billion. If that wasn't bad enough, Southern Co is placing blame and responsibility on the builders, Toshiba and Chicago Bridge & Iron, while Georgia Power is now awkwardly caught in the middle. Why does this matter for investors? Well, Georgia has a regulated power market, meaning the state can step in to artificially support large construction projects that require decades to payoff. The Vogtle additions would not be able to compete in a state with an unregulated market, which favor cheaper power sources with faster payoffs. If traditional nuclear power plants (large and centralized) can't compete in Georgia, then it may be a sign of things to come for nuclear power as we know it today. Next-generation nuclear power As large, centralized nuclear power plants at Exelon and Southern Co struggle to remain competitive with fossil and renewable energy sources, General Electric is forging a new path forward. The company owns one of the most advanced, albeit unfinished and unapproved, designs for a small modular reactor, or SMR. The sodium-cooled PRISM is a Generation IV nuclear reactor -- no Generation IV reactor has ever been deployed -- with an output of just 311 MW; but that's viewed as an advantage, not a setback. SMRs can be constructed off-site in a manufacturing facility, shipped to site via truck or rail, and assembled onsite -- significantly reducing construction costs and deployment timelines. Better yet, the PRISM can consume a range of fuels including plutonium and used nuclear fuels stored at traditional nuclear power plants. Coupled with its smaller size, General Electric could build PRISMs at existing nuclear power plants to reduce waste stockpiles and boost electricity output. How's that for the future of nuclear? What does it mean for investors? While I support the widespread use of nuclear power, I think it's likely that traditional nuclear power will find it increasingly difficult to compete with fossil and renewable power sources outside of specialized cases. But that doesn't necessarily mean existing reactors cannot support valuable investments, nor does it mean that nuclear power is dead. It may just look strikingly different in the future. This $19 trillion industry could destroy the Internet One bleeding-edge technology is about to put the World Wide Web to bed. And if you act quickly, you could be among the savvy investors who enjoy the profits from this stunning change. Experts are calling it the single largest business opportunity in the history of capitalism... The Economist is calling it \""transformative\""... But you'll probably just call it \""how I made my millions.\"" Don't be too late to the party -- click here for one stock to own when the Web goes dark. The article Stocks to Watch in Nuclear originally appeared on Fool.com. Maxx Chatsko has no position in any stocks mentioned. Check out his personal portfolio , CAPS page , previous writing for The Motley Fool, and follow him on Twitter to keep up with developments in the synthetic biology field.The Motley Fool recommends Southern Company. The Motley Fool owns shares of General Electric Company. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-06-16,18.5648,18.7485,18.473,18.6977,
EXC,2015-06-17,18.6977,18.8676,18.5892,18.7953,
EXC,2015-06-18,18.8139,18.9898,18.8012,18.8422,"Stock Market News for June 18, 2015 - Market News Benchmarks ended Wednesday's choppy trading session slightly higher after Fed officials said the economy is ready for a rate hike this year. Meanwhile, Janet Yellen emphasized that the timing of a rate hike isn't important; instead the focus should be on the pace and trajectory of rate hikes. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) gained 0.2% to close at 17,935.74. The Standard & Poor's 500 (S&P 500) also advanced 0.2% to 2,100.44. The tech-laden Nasdaq Composite Index closed at 5,064.88; increasing 0.2%. The fear-gauge CBOE Volatility Index (VIX) declined 2.1% to settle at 14.50. A total of about 6.1 billion shares were traded on Wednesday, higher than this month's average of 5.94 billion. Advancers outpaced declining stocks on the NYSE. For 51% stocks that advanced, 46% declined. An overwhelming majority of Federal Reserve officials believe that the improving U.S. economy is strong enough to withstand one or two rate hikes this year. Only 2 out of the 17 officials believe the central bank should not raise rates before next year. The ""dot plot"" of Fed officials' rate projections showed rates increasing to a median level of 0.625% by the end of 2015, indicating two rate hikes this year. However, 7 Fed officials took a dovish stance, expecting only one rate hike in 2015. Officials at the Federal Open Market Committee policy meeting kept short term interest rates unchanged. The Fed has kept its benchmark interest rates at a near zero level since 2008. The central bank wants to see continued improvement in the labor market and inflation rate moving closer to its target rate of 2% before hiking rates. Fed Chairwoman Janet Yellen said that ""some progress"" has been made on these two criteria but ""room for further improvement remains"". Yellen added that Fed members haven't yet decided to raise rates this year as the decision will depend on how the economy evolves. Yellen noted that the economy has ""expanded moderately"". Yellen did mention the economy managed to recover from the ""soft patch"" of the first quarter. Harsh winter weather, strikes at Western Coast ports, stronger dollar hampering exports and decline in business investment adversely affected economic growth in the first quarter. The central bank reduced its growth projections for this year due to the meltdown in the first quarter. Fed officials now see the economy expanding by 1.8% to 2%, down from an earlier projection of 2.3% to 2.7%. Meanwhile, Yellen emphasized that the central bank's policy will remain accommodative even after the first rate hike. She said: ""Market participants should not focus on the timing of the first rate hike. What's more important is the entire trajectory of interest rates"". Nonetheless, high-yielding stocks from the utilities sector gained in anticipation of slower-than-expected rate hike. The Utilities Select Sector SPDR (XLU) gained 0.8%, the highest among the S&P 500 sectors. Key utilities stocks including NextEra Energy Inc ( NEE ), Exelon Corporation ( EXC ), Southern Company ( SO ), PG&E Corporation ( PCG ) and Duke Energy Corporation ( DUK ) increased 1.2%, 0.5%, 0.5%, 1.4% and 0.7%, respectively. Overall, 7 out of 10 sectors of the S&P 500 ended in the green. Meanwhile, investors also kept an eye on Greece's debt crisis ahead of the Eurozone finance ministers' meeting, scheduled for Thursday. Greek negotiator Euclid Tsakalotos admitted that Greece doesn't have enough money to make its debt payments to the International Monetary Fund on Jun 30. He said the country will make concessions, but pension cuts are not in the agenda. Greek Prime Minister Alexis Tsipras had refused to implement pension reforms and tax increases to achieve budget surpluses as demanded by Greece's lenders. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NEXTERA ENERGY (NEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SP PLUS CORP (SP): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-06-19,18.769,18.8305,18.4221,18.4387,
EXC,2015-06-22,18.5052,18.5511,18.2472,18.3684,
EXC,2015-06-23,18.2902,18.3342,18.0156,18.0391,
EXC,2015-06-24,18.0391,18.1163,17.9726,18.0283,"CMS Energy to Use Drones for Reliable Services in Michigan - Analyst Blog Originally launched for military and special operation applications, unmanned aerial vehicles (UAV) today are being explored in a number of fields. Also popularly known as drones, UAVs are a special type of aircraft that fly without a human pilot. Jackson, MI-based CMS Energy Corp. 's CMS chief unit - Consumers Energy - has added its name to the list of utility providers receiving Federal Aviation Administration's (""FAA"") sanction for the use of UAVs for various monitoring and quality control objectives. On Monday, Consumers Energy launched a UAV near a Jackson County electric substation to examine its role in improving the energy services for Michigan residents. The utility has received approval from the FAA to assess the role of UAVs in Jackson, Mason and Tuscola counties, making it the fourth energy company in the U.S. and the first in Michigan with this privilege. CMS Energy is evaluating the performance of UAVs to inspect wind turbines and above-ground utility equipment such as poles and transformers. This technology could be more effective in restoring power outages speedily and reducing the cost and carbon emission associated with assessment work and power line inspections by helicopters. As a part of its focus on strengthening circuits and substations, replacing aging poles and installing smart meters, CMS Energy plans to invest around $9.88 billion in its electricity operations between 2015 and 2024, including roughly $2.69 billion for electricity reliability and distribution activities. Sempra Energy's SRE San Diego Gas & Electric Co., Southern Company SO and Exelon Corporation's EXC Commonwealth Edison Company are the other utilities to have secured FAA's approval for using drones to inspect remote infrastructure. After the worst ever blackout in 2003 in North American history, the companies in the region were compelled to spend a lump sum amount to use helicopters over their power lines to meet new grid reliability standards. With the challenge for energy companies to maintain and inspect their critical assets in a cost-effective way, the use of drones will increasingly come into play given its numerous benefits. However, the widespread commercial use of UAVs still depends upon FAA's approval which has hitherto been conservative. CMS Energy currently has a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CMS ENERGY (CMS): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report SEMPRA ENERGY (SRE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-06-25,18.0156,18.0156,17.615,17.615,
EXC,2015-06-26,17.5985,17.7196,17.4499,17.6591,
EXC,2015-06-29,17.6404,17.8281,17.4822,17.4881,"Exelon Unit Constellation to Supply Electricity to Cleveland - Analyst Blog According to media reports, Constellation Energy Resources, LLC, a subsidiary of Exelon CorporationEXC , has entered into a two-year electricity supply agreement with the City of Cleveland, OH, to provide fixed-price electricity supply and 24-hour customer support to over 60,000 residents in the area. Constellation Energy was selected through a competitive bidding process under the governmental aggregation program. This Baltimore, MD-based company will start providing electricity services under the program from August this year and continue till Jul 2017. The electricity supply agreement also made provisions for the development of renewable resources through a 50% mix using renewable energy credits (RECs). Under the standard program, 50% renewable energy components are priced at 7.01 cents per kilowatt-hour. If customers do not accept the 50% energy option, the price will be reduced to 6.94 cents per kilowatt-hour. In case a customer wants 100% of electricity supply with the RECs, the price is pegged at 7.08 cents per kilowatt-hour. In February this year, Constellation Energy won a $45 million contract from the Federal Bureau of Prisons to implement water and energy conservation measures, and install a 2-megawatt (DC) solar generation project at the Federal Correctional Complex in Coleman, FL (FCC Coleman). The project is expected to complete in 2017. Exelon invests substantially in infrastructure projects, besides expanding its renewable and fossil fuel generating capacity. The company invested $1.78 billion for this in 2014, up a substantial 46.6% year over year. It plans to spend $16 billion in the next five years. Currently, Exelon carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the industry include RWE AG RWEOY , Alliant Energy Corporation LNT and CMS Energy Corp. CMS . RWE AG sports a Zacks Rank #1 (Strong Buy), while Alliant Energy and CMS Energy hold a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CMS ENERGY (CMS): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report RWE AG -SP ADR (RWEOY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-06-30,17.5691,17.6639,17.2027,17.279,"Exelon's Maryland Natural Gas Plant Becomes Operational - Analyst Blog Exelon CorporationEXC revealed that its Generation segment's Perryman 6 natural gas power plant in Maryland has started commercial operations on Jun 28, fulfilling its commitment of enhancing natural gas capacity in the state following its merger with Constellation Energy. The 120-megawatt (MW) plant is located at the company's Perryman Generating Station, near Aberdeen Proving Ground, MD. The plant will increase the station's full generating capacity to 475 MW. The Perryman 6 plant will operate as a peaking unit, implying that it will generate electricity during periods of peak electric demand. Besides running on natural gas, the unit has the flexibility to run on oil as a back-up. Exelon continues to invest in renewables and natural gas infrastructure. In 2014, the company added 215 MW of clean generation assets to its portfolio. In January this year, Exelon Generation's Fourmile Wind Energy Project became fully operational. This project, also located in Maryland, consists of 16 turbines capable of generating 40 megawatts of clean energy. Currently, construction of the second wind project in Maryland, Fair Wind Energy Project, is under way. This project will add 30 MW of clean energy generation capacity, going further ahead with the merger commitment of providing at least 62.5 MW of onshore wind energy to Maryland. Recently, media reports revealed that Constellation Energy Resources, LLC has entered into a two-year electricity supply agreement with the City of Cleveland, OH, to provide fixed-price electricity supply and 24-hour customer support to over 60,000 residents in the area. The electricity supply agreement also made provisions for the development of renewable resources through a 50% mix using renewable energy credits. (read: Exelon Unit Constellation to Supply Electricity to Cleveland ) Currently, Exelon carries a Zacks Rank #4 (Sell). Some better-ranked stocks in the industry include RWE AG RWEOY , Alliant Energy Corporation LNT and Consolidated Edison, Inc. ED . RWE AG sports a Zacks Rank #1 (Strong Buy), while Alliant Energy and Consolidated Edison hold a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report CONSOL EDISON (ED): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report RWE AG -SP ADR (RWEOY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-07-01,17.3288,17.4548,17.2888,17.4499,
EXC,2015-07-02,17.5653,17.7802,17.5282,17.6249,"Exelon Unit Wins Contract from Defense Logistics Agency - Analyst Blog De Pere, WI-based Integrys Energy Services, an unit of Exelon CorporationEXC subsidiary Constellation Energy Services, has won a fixed-price with economic-price-adjustment contract worth $11.2 million from U.S. Defense Logistics Agency Energy, Fort Belvoir, VA for direct supply of natural gas. It is a two-year contract with a completion date of Sep 30, 2017. Per the agreement, contract work will be performed at Wisconsin, Illinois, Michigan and Ohio. The supplied natural gas will be used by military services including the Navy, Marine Corps and federal civilian agencies. In February this year, Constellation Energy won a $45 million contract from the Federal Bureau of Prisons to implement water and energy conservation measures, and install a 2-megawatt (DC) solar generation project at the Federal Correctional Complex in Coleman, FL (FCC Coleman). The project is expected to be complete in 2017. Exelon continues to invest in renewables and natural gas infrastructure. In 2014, the company added 215 MW of clean generation assets to its portfolio. In January this year, Exelon Generation's Fourmile Wind Energy Project became fully operational. This project, located in Maryland, consists of 16 turbines capable of generating 40 MW of clean energy. Currently, construction of the second wind project in Maryland, Fair Wind Energy Project, is under way. Currently, Exelon carries a Zacks Rank #4 (Sell). Some better-ranked stocks in the industry include Enersis S.A. ENI , RWE AG RWEOY and Consolidated Edison, Inc. ED . Enersis and RWE sport a Zacks Rank #1 (Strong Buy), while Consolidated Edison has a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report CONSOL EDISON (ED): Free Stock Analysis Report ENERSIS S A ADR (ENI): Free Stock Analysis Report RWE AG -SP ADR (RWEOY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-07-06,17.5691,17.7138,17.3943,17.5653,
EXC,2015-07-07,17.6474,18.0929,17.6404,18.0215,
EXC,2015-07-08,17.9062,18.086,17.8174,17.9268,"Exelon Corp.'s Trust Preferred Securities Ex-Dividend Reminder On 7/10/15, Exelon Corp.'s 6.20% Trust Preferred Securities (Symbol: BGE.PRB) will trade ex-dividend, for its quarterly dividend of $0.3875, payable on 7/15/15. As a percentage of BGE.PRB's recent share price of $25.78, this dividend works out to approximately 1.50%, so look for shares of BGE.PRB to trade 1.50% lower - all else being equal - when BGE.PRB shares open for trading on 7/10/15. On an annualized basis, the current yield is approximately 6.03%, which compares to an average yield of 5.39% in the ""Utilities"" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of BGE.PRB shares, versus EXC: Below is a dividend history chart for BGE.PRB, showing historical dividends prior to the most recent $0.3875 on Exelon Corp.'s 6.20% Trust Preferred Securities: According to the ETF Finder at ETF Channel, Exelon Corp. (Symbol: EXC) makes up 5.35% of the Utilities Select Sector SPDR Fund ETF ( XLU ) which is trading lower by about 0.5% on the day Wednesday. In Wednesday trading, Exelon Corp.'s 6.20% Trust Preferred Securities (Symbol: BGE.PRB) is currently up about 0.1% on the day, while the common shares (Symbol: EXC) are off about 0.7%. Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-07-09,17.9669,18.0645,17.7968,17.8721,
EXC,2015-07-10,17.8721,18.0929,17.8174,18.0098,"Exelon's 1000-MW Natural Gas Plant in Texas Gets Underway - Analyst Blog Exelon CorporationEXC announced that it has started construction of a low-carbon, combined-cycle gas turbine (""CCGT"") at its Wolf Hollow Generating Station in Granbury, TX. The CCGT unit will add 1,000 megawatts (""MW"") to the existing 704 MW at the natural gas power plant. The new CCGT unit will use General Electric's GE gas turbine technology and an air cooling system that will eliminate the need to use water for cooling the unit. The unit will help Exelon generate low-carbon electricity for the Texas market. The latest CCGT unit is one of the two CCGT units that Exelon is building in Texas. The other one is also a 1000-MW unit that will be constructed at the company's Colorado Bend Generating Station in Wharton. Both the units are expected to begin commercial operation in 2017. Exelon continues to invest in renewables and natural gas infrastructure. In 2014, the company added 215 MW of clean generation assets to its portfolio. Last month, the company's Perryman 6 natural gas power plant in Maryland started commercial operations, fulfilling its commitment of enhancing natural gas capacity in the state following its merger with Constellation Energy. (Read More: Exelon's Maryland Natural Gas Plant Becomes Operational ) Currently, Exelon is developing a 230 MW solar photovoltaic project, Antelope Valley Solar Ranch One, in northern Los Angeles County, CA. When fully operational, it will be one of the largest solar photovoltaic projects in the world, with around 3.8 million solar panels. Currently, Exelon carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the industry include RWE AG RWEOY and Dynegy Inc. DYN , both sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report DYNEGY INC-NEW (DYN): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report RWE AG -SP ADR (RWEOY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-07-13,18.0704,18.1163,17.8457,17.9834,"After Hours Most Active for Jul 13, 2015 : FOX, EXC, FOXA, AAPL, GM, MSFT, LBTYA, QCOM, DIS, GE, OCR, T The NASDAQ 100 After Hours Indicator is down -1.11 to 4,493.36. The total After hours volume is currently 46,813,422 shares traded. The following are the most active stocks for the after hours session : Twenty-First Century Fox, Inc. ( FOX ) is +0.01 at $33.11, with 8,012,100 shares traded. As reported by Zacks, the current mean recommendation for FOX is in the ""strong buy range"". Exelon Corporation ( EXC ) is unchanged at $32.70, with 6,563,657 shares traded. As reported in the last short interest update the days to cover for EXC is 11.810046; this calculation is based on the average trading volume of the stock. Twenty-First Century Fox, Inc. ( FOXA ) is unchanged at $33.67, with 6,175,154 shares traded. As reported by Zacks, the current mean recommendation for FOXA is in the ""buy range"". Apple Inc. ( AAPL ) is -0.05 at $125.61, with 4,395,936 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2015. The consensus EPS forecast is $1.79. As reported by Zacks, the current mean recommendation for AAPL is in the ""buy range"". General Motors Company ( GM ) is +0.0085 at $31.69, with 3,047,353 shares traded. As reported by Zacks, the current mean recommendation for GM is in the ""buy range"". Microsoft Corporation ( MSFT ) is +0.05 at $45.59, with 3,002,496 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2015. The consensus EPS forecast is $0.6. MSFT's current last sale is 86.02% of the target price of $53. Liberty Global plc ( LBTYA ) is +0.02 at $51.00, with 2,653,345 shares traded. As reported by Zacks, the current mean recommendation for LBTYA is in the ""buy range"". QUALCOMM Incorporated ( QCOM ) is unchanged at $63.43, with 2,312,448 shares traded. As reported by Zacks, the current mean recommendation for QCOM is in the ""buy range"". Walt Disney Company (The) ( DIS ) is -0.023 at $118.03, with 1,281,108 shares traded., following a 52-week high recorded in today's regular session. General Electric Company ( GE ) is unchanged at $26.47, with 1,239,099 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2015. The consensus EPS forecast is $0.48. GE is scheduled to provide an earnings report on 7/17/2015, for the fiscal quarter ending Jun2015. The consensus earnings per share forecast is 0.31 per share, which represents a 39 percent increase over the EPS one Year Ago Omnicare, Inc. ( OCR ) is unchanged at $94.66, with 772,182 shares traded. OCR's current last sale is 108.18% of the target price of $87.5. AT&T Inc. ( T ) is unchanged at $34.88, with 767,868 shares traded. As reported in the last short interest update the days to cover for T is 10.007886; this calculation is based on the average trading volume of the stock. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-07-14,18.0283,18.1212,17.9005,18.0215,
EXC,2015-07-15,18.0098,18.0811,17.8788,18.0645,
EXC,2015-07-16,18.0645,18.5335,18.0645,18.473,
EXC,2015-07-17,18.473,18.5774,18.2902,18.4163,"After Hours Most Active for Jul 17, 2015 : NE, PYPLV, HMSY, QQQ, EBAYV, BAC, RY, ODP, EXC, MSFT, WPX, WY^A The NASDAQ 100 After Hours Indicator is down -1.7 to 4,659.9. The total After hours volume is currently 46,158,173 shares traded. The following are the most active stocks for the after hours session : Noble Corporation ( NE ) is +0.0635 at $13.42, with 13,756,482 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2015. The consensus EPS forecast is $0.51. NE's current last sale is 76.71% of the target price of $17.5. PayPal Holdings, Inc. ( PYPLV ) is +0.21 at $38.60, with 13,373,799 shares traded. HMS Holdings Corp ( HMSY ) is +0.001 at $15.96, with 5,469,066 shares traded. As reported in the last short interest update the days to cover for HMSY is 20.320517; this calculation is based on the average trading volume of the stock. PowerShares QQQ Trust, Series 1 ( QQQ ) is -0.06 at $113.53, with 2,845,041 shares traded., following a 52-week high recorded in today's regular session. eBay Inc. ( EBAYV ) is -0.15 at $27.85, with 1,567,139 shares traded. Bank of America Corporation ( BAC ) is -0.017 at $18.08, with 1,503,061 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2015. The consensus EPS forecast is $0.36. BAC's current last sale is 95.17% of the target price of $19. Royal Bank Of Canada ( RY ) is unchanged at $59.51, with 1,401,560 shares traded. As reported in the last short interest update the days to cover for RY is 22.109234; this calculation is based on the average trading volume of the stock. Office Depot, Inc. ( ODP ) is -0.001 at $8.30, with 1,305,291 shares traded. ODP's current last sale is 75.45% of the target price of $11. Exelon Corporation ( EXC ) is unchanged at $33.49, with 1,138,530 shares traded. As reported in the last short interest update the days to cover for EXC is 12.588161; this calculation is based on the average trading volume of the stock. Microsoft Corporation ( MSFT ) is -0.0056 at $46.61, with 1,044,508 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2015. The consensus EPS forecast is $0.6. MSFT is scheduled to provide an earnings report on 7/21/2015, for the fiscal quarter ending Jun2015. The consensus earnings per share forecast is 0.56 per share, which represents a 58 percent increase over the EPS one Year Ago WPX Energy, Inc. ( WPX ) is -0.0106 at $9.70, with 996,133 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2015. The consensus EPS forecast is $-0.03. , following a 52-week high recorded in today's regular session. Weyerhaeuser Company (WY^A) is -0.38 at $51.32, with 935,325 shares traded., following a 52-week high recorded in today's regular session. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-07-20,18.3889,18.3889,18.1964,18.3625,
EXC,2015-07-21,18.3165,18.3459,18.0215,18.0283,"Cleco Gets FERC Approval for Takeover by Investor Group - Analyst Blog Pineville, LA-based utility company, Cleco CorporationCNL announced that it has received approval from the Federal Energy Regulatory Commission (""FERC"") for its proposed acquisition by an investor group comprising Macquarie Infrastructure and Real Assets, British Columbia Investment Management Corporation, John Hancock Financial and other infrastructure investors. Last October, Cleco entered into a definitive agreement to be acquired by the investor group. The agreement valued Cleco at roughly $4.7 billion, including around $1.3 billion of assumed debt. Apart from FERC approval, Cleco received affirmative votes from its shareholders in February regarding the acquisition. The transaction was also cleared by the Committee on Foreign Investment in the U.S. The acquisition is expected to close in the second half of 2015, subject to approval by the Louisiana Public Service Commission (""LPSC""). Following the close of the transaction, Cleco's regulated electric utility business, Cleco Power LLC, will continue to be regulated by the LPSC and FERC. Currently, utility companies have been considering mergers and acquisitions as viable alternatives to cope with shrinking sales, increasing costs to meet new environmental regulations and urgency to upgrade aging infrastructure. Last month, Wisconsin Energy Corporation, completed the acquisition of Integrys Energy and formed WEC Energy Group WEC . The combined entity will become one of the largest utilities of the Midwest, serving 4.4 million customers in Wisconsin, Illinois, Michigan and Minnesota. It will have a power generation capacity of 8,803 megawatts. Currently, Exelon Corporation EXC is on track to merge with Pepco Holdings Inc. POM . The transaction is expected to close in the second or third quarter of 2015, subject to approval by the District of Columbia PSC. Currently, Cleco carries a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CLECO CORP (CNL): Free Stock Analysis Report WEC ENERGY GRP (WEC): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-07-22,18.0343,18.1476,17.9834,18.0283,"After Hours Most Active for Jul 22, 2015 : QCOM, EXEL, QQQ, AA, WFM, RTI, RF, BAC, ACWI, EMC, EXC, FNBC The NASDAQ 100 After Hours Indicator is up 2.6 to 4,625.84. The total After hours volume is currently 45,082,814 shares traded. The following are the most active stocks for the after hours session : QUALCOMM Incorporated ( QCOM ) is -1.59 at $62.60, with 3,272,987 shares traded. RTT News Reports: Disappointing Tech Earnings Lead To Weakness On Wall Street - U.S. Commentary Exelixis, Inc. ( EXEL ) is unchanged at $6.31, with 3,063,390 shares traded., following a 52-week high recorded in today's regular session. PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.12 at $112.74, with 3,056,907 shares traded. This represents a 24.93% increase from its 52 Week Low. Alcoa Inc. ( AA ) is -0.01 at $9.98, with 3,043,966 shares traded. AA's current last sale is 71.29% of the target price of $14. Whole Foods Market, Inc. ( WFM ) is unchanged at $41.15, with 2,291,183 shares traded.WFM is scheduled to provide an earnings report on 7/29/2015, for the fiscal quarter ending Jun2015. The consensus earnings per share forecast is 0.45 per share, which represents a 41 percent increase over the EPS one Year Ago RTI International Metals, Inc. ( RTI ) is -0.01 at $28.25, with 2,006,381 shares traded. RTI's current last sale is 83.09% of the target price of $34. Regions Financial Corporation ( RF ) is unchanged at $10.70, with 1,596,533 shares traded. RF's current last sale is 97.27% of the target price of $11. Bank of America Corporation ( BAC ) is +0.04 at $18.49, with 1,547,574 shares traded. Over the last four weeks they have had 8 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2015. The consensus EPS forecast is $0.36. , following a 52-week high recorded in today's regular session. iShares MSCI ACWI Index Fund ( ACWI ) is +0.005 at $60.33, with 1,282,000 shares traded. This represents a 10.59% increase from its 52 Week Low. EMC Corporation ( EMC ) is unchanged at $25.38, with 1,248,560 shares traded. RTT News Reports: EMC Corp Q2 15 Earnings Conference Call At 8:30 AM ET Exelon Corporation ( EXC ) is +0.06 at $32.84, with 1,109,675 shares traded.EXC is scheduled to provide an earnings report on 7/29/2015, for the fiscal quarter ending Jun2015. The consensus earnings per share forecast is 0.51 per share, which represents a 51 percent increase over the EPS one Year Ago First NBC Bank Holding Company ( FNBC ) is unchanged at $39.78, with 928,179 shares traded.FNBC is scheduled to provide an earnings report on 7/27/2015, for the fiscal quarter ending Jun2015. The consensus earnings per share forecast is 0.79 per share, which represents a 65 percent increase over the EPS one Year Ago The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-07-23,17.9551,17.9599,17.0933,17.1793,
EXC,2015-07-24,17.1793,17.3073,16.9928,16.9995,"Exelon (EXC) Shares Cross 4% Yield Mark Looking at the universe of stocks we cover at Dividend Channel , in trading on Friday, shares of Exelon Corp. (Symbol: EXC) were yielding above the 4% mark based on its quarterly dividend (annualized to $1.24), with the stock changing hands as low as $30.94 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF ( SPY ) back on 12/31/1999 - you would have paid $146.88 per share. Fast forward to 12/31/2012 and each share was worth $142.41 on that date, a decrease of $4.67/share over all those years. But now consider that you collected a whopping $25.98 per share in dividends over the same period, for a positive total return of 23.36%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.6%; so by comparison collecting a yield above 4% would appear considerably attractive if that yield is sustainable. Exelon Corp. (Symbol: EXC) is an S&P 500 company, giving it special status as one of the large-cap companies making up the S&P 500 Index. In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Exelon Corp., looking at the history chart for EXC below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 4% annual yield. According to the ETF Finder at ETF Channel, EXC makes up 5.12% of the Utilities Select Sector SPDR Fund ETF (Symbol: XLU) which is trading up by about 0.1% on the day Friday. Click here to find out which 9 other dividend stocks just recently went on sale » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-07-27,16.9928,17.2272,16.8471,16.8471,"[""Top Dividend Stock Teco Energy Bucks Utilities' Slide U tility stocks have taken a beating recently, butTeco Energy ( TE ) has bounced back. The provider of electricity and gas to customers in Florida and New Mexico soared 16% on July 16 after announcing it's exploring strategic options, including a possible sale. It has hired Morgan Stanley to advise the firm. The stock, which had been in the red for the year, is now up for 2015 as it works on the handle portion of a cup-with-handle base with a 22.12 buy point. By contrast, the diversified utility industry group is off 9% so far this year. Teco says it has paid a dividend for 91 straight years. It increased its quarterly payout in February by 2% to 22.5 cents a share, or 90 cents on an annualized basis. The dividend yield is about 4% at the current share price, more than double the S&P 500 average of just under 2%. Utilities have been exploring mergers and acquisitions due to the rising cost of complying with new environmental rules and replacing old infrastructure. Washington, D.C.-based electricity providerPepco Holdings ( POM ) expects its merger with Chicago-basedExelon ( EXC ) to close in Q3. Last month,Wisconsin Energy ( WEC ) completed its acquisition of Integrys Energy to become one of the largest utilities in the Midwest. Teco's profit and revenue have picked up in recent quarters thanks to its acquisition last year of New Mexico Gas and a gradual economic recovery in Florida, home to most of Teco's customers. However, profit and revenue are expected to decline when Teco announces Q2 results Thursday. The company's three-year Earnings Stability Factor is 7 on a scale of zero (most stable earnings performance) to 99 (least stable). Its long-term dividend growth rate is 2%. The company held its payout steady for more than two years, from February 2012 to November 2014. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Will Exelon Corporation (EXC) Beat on Earnings Again? - Analyst Blog Exelon CorporationEXC is set to release second-quarter 2015 results before the opening bell on Jul 29. In the last quarter, the company had posted a positive earnings surprise of 4.41%. In fact, it beat the Zacks Consensus Estimate in three out of the past four trailing quarters with an average beat of 2.6%. Let's see how things are shaping up for this announcement. Factors to Consider this Quarter Exelon is currently investing in infrastructure projects besides expanding its renewable and fossil fuel generating capacity. Over the next five years, the company plans to spend $16 billion on these projects. Most of its investments in 2015 will be directed toward the Generation business, mainly for its nuclear fuel and energy generation systems, and other internal projects. On the flip side, Exelon's financial performance is guided by price fluctuations in the wholesale power markets. In addition, the company continues to face potential regulatory and political risks related to its utility businesses, which could impair their valuation and earnings. For the second quarter of the year, Exelon expects earnings in the range of 45 to 55 cents per share. It continues to expect full-year earnings in the range of $2.25 to $2.55 per share. Earnings Whispers? Our proven model does not conclusively show that Exelon is likely to beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) for this to happen. That is not the case here as you will see below. Zacks ESP: Exelon has a 0.00% Earnings ESP. This is because both the Most Accurate estimate and the Zacks Consensus Estimate stand at 51 cents. Zacks Rank: Exelon's Zacks Rank #3, when combined with its 0.00% ESP, makes a surprise prediction difficult. We note that Sell-rated stocks (#4 and #5) should never be considered going into an earnings announcement, especially when the company is seeing negative estimate revisions. Stocks that Warrant a Look Here are some companies you may want to consider as our model shows that they have the right combination of elements to post an earnings beat this quarter: Consolidated Edison, Inc. ED with an Earnings ESP of +1.56% and a Zacks Rank #2. IdaCorp, Inc. IDA with an Earnings ESP of +4.67% and a Zacks Rank #2. TECO Energy, Inc. TE with an Earnings ESP of +3.70% and a Zacks Rank #2. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TECO ENERGY (TE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report CONSOL EDISON (ED): Free Stock Analysis Report IDACORP INC (IDA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-07-28,16.9654,17.2516,16.9282,17.0475,"Pre-Market Earnings Report for July 29, 2015 : MO, MA, GD, AMT, SO, PX, NOC, TRI, BEN, ETN, HUM, EXC The following companies are expected to report earnings prior to market open on 07/29/2015. Visit our Earnings Calendar for a full list of expected earnings releases. Altria Group ( MO ) is reporting for the quarter ending June 30, 2015. The tobacco company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.72. This value represents a 10.77% increase compared to the same quarter last year. MO missed the consensus earnings per share in the 4th calendar quarter of 2014 by -1.49%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for MO is 19.27 vs. an industry ratio of 23.40. Mastercard Incorporated ( MA ) is reporting for the quarter ending June 30, 2015. The financial transactions company's consensus earnings per share forecast from the 18 analysts that follow the stock is $0.85. This value represents a 6.25% increase compared to the same quarter last year. In the past year MA has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 13.75%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for MA is 27.52 vs. an industry ratio of 30.00. General Dynamics Corporation ( GD ) is reporting for the quarter ending June 30, 2015. The aerospace and defense company's consensus earnings per share forecast from the 8 analysts that follow the stock is $2.03. This value represents a 7.98% increase compared to the same quarter last year. In the past year GD has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 10.31%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for GD is 16.54 vs. an industry ratio of 16.10, implying that they will have a higher earnings growth than their competitors in the same industry. American Tower Corporation (REIT) ( AMT ) is reporting for the quarter ending June 30, 2015. The reit company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.49. This value represents a 15.52% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for AMT is 48.97 vs. an industry ratio of 11.10, implying that they will have a higher earnings growth than their competitors in the same industry. Southern Company ( SO ) is reporting for the quarter ending June 30, 2015. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.70. This value represents a 2.94% increase compared to the same quarter last year. The last two quarters SO had negative earnings surprises; the latest report they missed by -1.75%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for SO is 15.30 vs. an industry ratio of 23.00. Praxair, Inc. ( PX ) is reporting for the quarter ending June 30, 2015. The chemical company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.45. This value represents a 8.23% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for PX is 18.67 vs. an industry ratio of 15.00, implying that they will have a higher earnings growth than their competitors in the same industry. Northrop Grumman Corporation ( NOC ) is reporting for the quarter ending June 30, 2015. The aerospace and defense company's consensus earnings per share forecast from the 8 analysts that follow the stock is $2.33. This value represents a 14.22% increase compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for NOC is 16.95 vs. an industry ratio of 16.10, implying that they will have a higher earnings growth than their competitors in the same industry. Thomson Reuters Corp ( TRI ) is reporting for the quarter ending June 30, 2015. The technology services company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.49. This value represents a 3.92% decrease compared to the same quarter last year. The last two quarters TRI had negative earnings surprises; the latest report they missed by -4.35%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for TRI is 18.46 vs. an industry ratio of 16.00, implying that they will have a higher earnings growth than their competitors in the same industry. Franklin Resources, Inc. ( BEN ) is reporting for the quarter ending June 30, 2015. The finance/investment management company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.87. This value represents a 5.43% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for BEN is 12.72 vs. an industry ratio of 9.60, implying that they will have a higher earnings growth than their competitors in the same industry. Eaton Corporation, PLC ( ETN ) is reporting for the quarter ending June 30, 2015. The machinery company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.14. This value represents a 2.70% increase compared to the same quarter last year. In the past year ETN has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2015 Price to Earnings ratio for ETN is 12.78 vs. an industry ratio of 9.60, implying that they will have a higher earnings growth than their competitors in the same industry. Humana Inc. ( HUM ) is reporting for the quarter ending June 30, 2015. The hmo company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.63. This value represents a 25.57% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for HUM is 23.64 vs. an industry ratio of 14.30, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation ( EXC ) is reporting for the quarter ending June 30, 2015. The electric power utilities company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.51. This value represents a no change for the same quarter last year. EXC missed the consensus earnings per share in the 4th calendar quarter of 2014 by -5.88%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for EXC is 12.60 vs. an industry ratio of 23.00. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-07-29,17.2848,17.4499,16.8568,17.1236,"[""Exelon (EXC) Beats Q2 Earnings Estimates but Lags Revenues - Tale of the Tape Exelon Corporation ( EXC ), a competitive energy provider, delivers electricity and natural gas to customers in central Maryland, northern Illinois and southeastern Pennsylvania through its subsidiaries. The Chicago, IL-based firm operates in 48 states and the District of Columbia of the U.S., and Canada. Exelon's stable financial position, addition of renewable and natural gas based power generating units to its portfolio, systematic divestment of non-core assets and the proposed merger with Pepco Holdings, Inc. ( POM ) are expected to boost its future performance. However, stringent environmental regulations and volatile commodity pricing remain our major concern. Estimate Trend & Surprise History Investors should note that the second quarter Zacks Consensus Estimate for earnings of 51 cents per share has increased 2% over the last 90 days. Coming to the earnings surprise, Exelon has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in a positive average surprise of 2.60%. Zacks Rank: Currently, Exelon has a Zacks Rank#3 (Hold) but that could change following its second quarter 2015 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earnings: Exelon beat on earnings. Adjusted earnings per share came in at 59 cents, beating the Zacks Consensus Estimate of 51 cents by nearly 15.7%. Revenue: Revenues of $6,507 million missed the Zacks Consensus Estimate of $6,671 million slightly by 2.5% but increased from the year-ago level by 5.1%. Key Stats: In the second quarter, Exelon's total operating expenses and operating income were $5,560 million and $954 million, respectively. Stock Price: Shares were up almost 0.6% in pre-market trading following the release. It would be interesting to see how the market reacts to the results during the trading session today. Check back for our full write up on this EXC earnings report later! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pepco Holdings Misses Q2 Earnings; Exelon Merger in Focus - Analyst Blog Pepco Holdings Inc.POM reported second quarter 2015 earnings from continuing operations of 23 cents per share, missing the Zacks Consensus Estimate by 20.7%. Earnings declined 17.9% year over year. Higher operation and maintenance, and depreciation expenses offset increased electric distribution revenue, leading to the earnings decline. Pepco Holdings Inc. - Earnings Surprise | FindTheBest GAAP earnings per share were 21 cents, in line with year-ago results. The difference between GAAP and operating earnings during the reported quarter was due to 2 cents of merger related costs. Despite the earnings miss, the shares gained 0.8% to close at $26.62 yesterday. It appears that investors are more interested in the closing of the Pepco-Exelon merger, which if approved is going to create a leading Mid-Atlantic natural gas and electric utility serving nearly 10 million consumers. Behind the Headlines Total revenues in the second quarter were $1.14 billion, up 2.1% year over year driven by a 3.7% rise in revenues at Power Delivery. Total regulated transmission & distribution electric sales, at Power Delivery, increased 0.9% to 11,279 gigawatt hours (GWh). At the end of second-quarter 2015, the company served 22,000 more electric customers and 3,000 more gas customers compared with the prior-year period. Total operating expenses in the reported quarter increased 3.6% from the year-ago period. Higher operation and maintenance costs led to the rise in total expenses. Financial Update Cash and cash equivalents, including restricted cash, were $47 million as of Jun 30, 2015, up from $39 million as of Dec 31, 2014. Long-term debts as of Jun 30, 2015, were $4.84 billion, up 9.2% from $4.48 billion as of Dec 31, 2014. Exelon Merger Pepco Holdings expects the merger with Exelon Corp.EXC to materialize in the second half of 2015. The merger still requires the approval by the Public Service Commission of the District of Columbia. Other Company Releases DTE EnergyDTE reported second-quarter 2015 operating earnings per share of 76 cents, lagging the Zacks Consensus Estimate of 84 cents by 9.5%. CMS Energy CorporationCMS reported second-quarter 2015 adjusted earnings per share of 25 cents, missing the Zacks Consensus Estimate of 33 cents by 24.2% Zacks Rank Pepco Holdings currently has a Zacks Rank #4 (Sell). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CMS ENERGY (CMS): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon's Q2 Earnings Beat, Revenues Miss; View Narrowed - Analyst Blog Exelon CorporationEXC reported second-quarter 2015 adjusted operating earnings of 59 cents per share, surpassing both the Zacks Consensus Estimate and the year-ago earnings of 51 cents by nearly 15.7%. The improvement in quarterly earnings was attributable to higher revenue net of purchased power and fuel at Generation business, higher realized Nuclear Decommissioning Trust fund investment gains at Generation and lower uncollectible accounts expense at Baltimore Gas and Electric (\""BGE\""). On a GAAP basis, quarterly earnings were 74 cents per share compared with 60 cents per share a year ago. The difference between GAAP and adjusted operating earnings was due to the combined impact of one-time charges of 26 cents, offset by a gain of 11 cents from different one-time items. Exelon Corporation - Earnings Surprise | FindTheBest Total Revenue Exelon's total operating revenues of $6,507 million missed the Zacks Consensus Estimate of $6,671 million by a slight 2.5%. However, quarterly revenues increased 5.1% year over year primarily driven by higher contribution from all the businesses, except BGE. Quarterly Highlights Exelon's total operating expenses increased 2.5% year over year to $5,560 million, primarily due to higher purchased power and fuel costs, depreciation and amortization and taxes other than income, partially offset by lower operating and maintenance expenses. The company reported operating income of $954 million in the quarter, up 22.3% from $780 million a year ago. Interest expenses increased 12.6% year over year to $259 million on higher long-term debt. Financial Position As of Jun 30, 2015, Exelon's cash and cash equivalents were $6,014 million compared with $1,878 million at the end of 2014. Long-term debt as of Jun 30, 2015 totaled $25,220 million, up from $19,362 million as of Dec 31, 2014. In the first six months of 2015, net cash flow from operating activities was $3,969 million compared with $1,751 million in the year-ago period. Exelon's capital expenditure was $3,460 million compared with $2,501 million in the first six months of 2014. Hedges Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Jun 30, 2015 was 98-101% for 2015, 77-80% for 2016, and 46-49% for 2017. Guidance Exelon narrowed its guidance for 2015 adjusted earnings to the range of $2.35 to $2.55 per share compared with the prior guidance of $2.25 to $2.55 per share. Merger Update Exelon's merger with Pepco Holdings Inc. POM is on course and expected to be complete by the third quarter of 2015, subject to approval by the Public Service Commission of the District of Columbia. Zacks Rank Exelon currently has a Zacks Rank #3 (Hold). Some better-ranked stocks in the utility space are Empresa Nacional de Electricidad S.A. EOC and Enersis S.A. ENI , both sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ENERSIS S A ADR (ENI): Free Stock Analysis Report ENDESA-CHILE (EOC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Southern Company Q2 Earnings Top on Robust Electric Demand - Analyst Blog Electric utility firm Southern CompanySO reported second quarter 2015 earnings per share (excluding certain one-time items) of 71 cents, ahead of the Zacks Consensus Estimate of 69 cents and the year-ago adjusted profit of 68 cents per share. The strong numbers could be attributed to higher residential and commercial sales. The Southern Company - Earnings Surprise | FindTheBest However, the Atlanta-based power supplier's quarterly revenue - at $4,337 million - came 2.9% lower than the second quarter 2014 level of $4,467 million. It also failed to surpass the Zacks Consensus Estimate of $4,831 million amid a dip in retail fuel sales. Overall Sales Breakup Warmer spring and early-summer weather favorably affected Southern Company's electricity demand. This brought about an upward movement in overall electricity sales and usage. Total electricity sales during the second quarter improved 2.1% from the same period last year. Southern Company's total retail sales rose 2.2%. This reflects lower residential and commercial sales that increased 4.6% and 2.3% year over year, respectively. However, demand from industrial customers remained essentially unchanged. Expenses Summary Southern Company's operations and maintenance cost jumped 8% to $1,100 million, though the company's total operating expense for the period - at $3,239 million - was approximately 3.7% lower than the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. EXC and Duke Energy Corp. DUK - currently retains a Zacks Rank #3 (Hold). Meanwhile, one can look at better-ranked players in the same industry like American Electric Power Co. Inc. AEP as a good buying opportunity. This electric utility stock - sporting a Zacks Rank #2 (Buy) - offers value and is worth buying now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SOUTHERN CO (SO): Free Stock Analysis Report AMER ELEC PWR (AEP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-07-30,17.1129,17.4754,17.1129,17.4051,
EXC,2015-07-31,17.5691,17.8613,17.5339,17.6474,"FirstEnergy Q2 Earnings and Revenues Surpass Estimates - Analyst Blog Diversified energy company FirstEnergy Corp.FE reported second-quarter 2015 operating earnings of 53 cents per share, outpacing the Zacks Consensus Estimate by 10.4%. Earnings also improved 8.2% year over year. The upside was driven by higher earnings at the Regulated Transmission business on the heels of incremental cost of service and rate base recovery at American Transmission Systems. Firstenergy Corporation - Earnings Surprise | FindTheBest Including one-time items totaling 9 cents, FirstEnergy's GAAP earnings were 44 cents per share, up 193.3% year over year. Total Revenue FirstEnergy generated total revenues of $3,462 million in the second quarter of 2015, beating the Zacks Consensus Estimate of $3,347 million by 3.4%. Revenues however dipped 1% year over year. Though the regulated distribution and transmission business benefited the top line, the competitive energy services segment was a laggard. Highlights of the Release FirstEnergy's total electric distribution deliveries were 35,083 thousand megawatt-hours (""MWH"") in the reported quarter, reflecting a marginal decline of 0.3% year over year. The slight decline reflects lower usage by customers to some extent due to energy efficiency mandates. FirstEnergy's total expenses in the second-quarter came in at $2,867 million, down 4.2% from $2,995 reported in the second quarter of 2014. For the second quarter 2015, FirstEnergy reported an operating income of $595 million, up 18.5% year over year. Interest expenses in the reported quarter were $282 million, reflecting a 7.6% increase from $262 million a year ago. Financial Update FirstEnergy's cash and cash equivalents were $94 million as of Jun 30, 2015, up from $85 million as of Dec 31, 2014. Cash from operating activities in the quarter was $797 million, comparing favorably with $714 million generated in the year-ago quarter. Long-term debt and other long-term obligations as of Jun 30, 2015 were $18,570 million, down from $19,176 million at 2014 end. Guidance FirstEnergy reiterated the 2015 operating earnings projection between $2.40 and $2.70 per share. GAAP earnings guidance for 2015 was reduced to $2.13-$2.43 per share from an earlier projection of $2.17-$2.47 per share. Third-quarter 2015 operating earnings are expected at 82-92 cents per share while GAAP earnings are expected at 76-86 cents per share. Other Company Releases DTE Energy DTE reported second-quarter 2015 operating earnings per share of 76 cents, lagging the Zacks Consensus Estimate of 84 cents by 9.5%. Exelon Corporation EXC reported second-quarter 2015 adjusted operating earnings of 59 cents per share, surpassing the Zacks Consensus Estimate of 51 cents by nearly 15.7%. Xcel Energy Inc. XEL recorded operating earnings of 39 cents per share in the second quarter of 2015, missing the Zacks Consensus Estimate by a penny. Our View FirstEnergy posted solid results with both the top and the bottom line beating the Zacks Consensus Estimate. Since last year, this utility made quite a few large-scale investments at its subsidiaries for enhancing electric reliability and has planned an outlay of about $2.9 billion for 2015. FirstEnergy operates one of the largest transmission networks in the U.S. and is witnessing incremental revenues from investment in its transmission units. FirstEnergy is switching its assets from competitive generation to regulated operations. Going forward, the company expects more than 80% of its total earnings per share to come from its regulated transmission and distribution business. FirstEnergy currently has a Zacks Rank #4 (Sell). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report XCEL ENERGY INC (XEL): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-08-03,17.6356,17.9169,17.6249,17.8457,
EXC,2015-08-04,17.8515,17.8895,17.4382,17.4588,
EXC,2015-08-05,17.5476,17.703,17.4382,17.4499,"Stock Market News for August 05, 2015 - Market News Benchmarks ended in negative territory for the third-consecutive session on Tuesday on renewed rate hike concerns in September. Though the recently released dismal economic data eased rate hike fears, comments from Atlanta Fed Reserve president reignited the concerns yesterday. Meanwhile, a significant decline in Apple's shares also weighed on markets. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) lost nearly 0.3% to close at 17,550.69. The Standard & Poor's 500 (S&P 500) declined 0.2% to 2,093.32. The tech-laden Nasdaq Composite Index closed at 5,105.55, also decreasing 0.2%. The fear-gauge CBOE Volatility Index (VIX) rose 3.5% to settle at 13.00. A total of around 6.4 billion shares were traded on Monday, lower than the last five-session average of 7 billion. Decliners outpaced advancing stocks on the NYSE. For 52% stocks that declined, 45% advanced. In an interview with The Wall Street Journal, Atlanta Fed Reserve president Dennis Lockhart signaled that the Fed is preparing for a rate hike in September. He said that the given economic scenario is ""appropriate"" to opt for a rate hike in near future unless the economy witnesses a ""significant deterioration"". He stated: ""I think there is a high bar right now to not acting, speaking for myself… My priors going into the (September) meeting as of today are that the economy is ready and it is an appropriate time to make a change."" Market participants were anticipating that the Fed may delay its rate hike decision in the wake of the recent disappointing economic data. These included the decline in ISM manufacturing index and weak wage growth data. However, Lockhart's comments on September rate hike renewed the concerns again, which in turn dented investor sentiment. Rate hike fear had a negative impact on the Utilities Select Sector SPDR (XLU), which declined 1.6%. It was also the biggest loser among the S&P 500 sectors. Key utilities stocks including Exelon Corporation ( EXC ), DTE Energy Company ( DTE ), Southern Company ( SO ) and The AES Corporation ( AES ) declined 2.2%, 1.5%, 1.2% and 1.3%, respectively. Seven out of 10 S&P 500 sectors registered losses yesterday. Meanwhile, shares of Apple Inc ( AAPL ) extended its losses on Tuesday amid China's economic growth worries and concerns regarding demand for iPhones. After declining 2.4% on Monday, Apple's shares dropped 3.2% yesterday, which had a negative impact on benchmarks. It was also the biggest loser among the blue chip companies. Separately, the commerce department reported that new orders for manufactured goods rose 1.8% in June to $478.5 billion, in line with the consensus estimate. It was preceded by a 1.1% decline in May. New orders for manufactured durable goods and non-durable goods rose 3.4% and 0.4% in June, respectively. In earnings news, shares of Regeneron Pharmaceuticals, Inc. ( REGN ) jumped 4.8% to an all-time high after announcing second quarter adjusted earnings per share of $2.12, up 6.5% year on year and also beating the Zacks Consensus Estimate of $1.81. Total revenue in the reported quarter soared 50% year over year to $998.6 million, ahead of the Zacks Consensus Estimate of $891 million. Moreover, Coach, Inc.'s ( COH ) shares gained 3.2% after reporting fiscal fourth quarter earnings per share of 31 cents, a couple of cents higher than the Zacks Consensus Estimate. Net sales of $1,004.1 million were also above the Zacks Consensus Estimate of $970.5 million. However, shares of The Allstate Corporation ( ALL ) plunged nearly 10.2% after posting second quarter operating earnings per share of 63 cents, missing the Zacks Consensus Estimate of 94 cents. The EPS figure declined 37.6% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report AES CORP (AES): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report REGENERON PHARM (REGN): Free Stock Analysis Report COACH INC (COH): Free Stock Analysis Report ALLSTATE CORP (ALL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-08-06,17.4754,17.62,17.193,17.5926,
EXC,2015-08-07,17.5476,17.9551,17.4929,17.8398,
EXC,2015-08-10,17.8457,17.9169,17.574,17.6981,
EXC,2015-08-11,17.7255,17.8955,17.5653,17.6474,"[""Exelon Corporation (EXC) Ex-Dividend Date Scheduled for August 12, 2015 Exelon Corporation ( EXC ) will begin trading ex-dividend on August 12, 2015. A cash dividend payment of $0.31 per share is scheduled to be paid on September 10, 2015. Shareholders who purchased EXC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 10th quarter that EXC has paid the same dividend. At the current stock price of $32.18, the dividend yield is 3.85%. The previous trading day's last sale of EXC was $32.18, representing a -17.34% decrease from the 52 week high of $38.93 and a 5.06% increase over the 52 week low of $30.63. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXCU ). EXC's current earnings per share, an indicator of a company's profitability, is $2.71. Zacks Investment Research reports EXC's forecasted earnings growth in 2015 as 3.07%, compared to an industry average of 3.6%. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EXC through an Exchange Traded Fund [ETF]? The following ETF(s) have EXC as a top-10 holding: SPDR Select Sector Fund - Utilities ( XLU ) iShares U.S. Utilities ETF ( IDU ) Vanguard Utilities ETF - DNQ ( VPU ) First Trust Utilities AlphaDEX Fund ( FXU ) Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ). The top-performing ETF of this group is XLU with an decrease of -2.51% over the last 100 days. It also has the highest percent weighting of EXC at 5.12%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Duke Energy Corporation (DUK) Ex-Dividend Date Scheduled for August 12, 2015 Duke Energy Corporation ( DUK ) will begin trading ex-dividend on August 12, 2015. A cash dividend payment of $0.825 per share is scheduled to be paid on September 16, 2015. Shareholders who purchased DUK prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.77% increase over the prior quarter. At the current stock price of $74.81, the dividend yield is 4.41%. The previous trading day's last sale of DUK was $74.81, representing a -16.85% decrease from the 52 week high of $89.97 and a 6.51% increase over the 52 week low of $70.24. DUK is a part of the Public Utilities sector, which includes companies such as Exelon Corporation ( EXCU ) and Exelon Corporation ( EXC ). DUK's current earnings per share, an indicator of a company's profitability, is $3.94. Zacks Investment Research reports DUK's forecasted earnings growth in 2015 as 2.36%, compared to an industry average of 3.6%. For more information on the declaration, record and payment dates, visit the DUK Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DUK through an Exchange Traded Fund [ETF]? The following ETF(s) have DUK as a top-10 holding: SPDR Select Sector Fund - Utilities ( XLU ) iShares U.S. Utilities ETF ( IDU ) Vanguard Utilities ETF - DNQ ( VPU ) iShares Global Utilities ETF ( JXI ) PowerShares DWA Utilities Momentum Portfolio ( PUI ). The top-performing ETF of this group is JXI with an decrease of -0.38% over the last 100 days. XLU has the highest percent weighting of DUK at 9.01%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-08-12,17.6796,18.2072,17.6639,18.1534,"Exelon Unit (EXC) Expands Home Energy Services into Texas Constellation, a subsidiary of Exelon CorporationEXC , has announced the expansion of its Home Energy Services business into Texas. The Baltimore, MD-based retail supplier of energy products and services has joined forces with Texas-based retail electricity provider, StarTex Power to provide the home energy services plan to its customers. Constellation Home will provide heating, cooling, plumbing and water heating solutions to residents of Dallas and Houston. It has introduced a Home Protection Plan, which will provide coverage on home system repairs such as heating and air conditioning, water heaters and in-home electrical, as well as unlimited service calls from certified local technicians. Customers who enroll in the StarTex Power fixed-rate electricity plan will enjoy the perks of the home energy services plan through Constellation Home for a year. This will help customers to control their expenses on unexpected home electrical systems repairs while signing up for competitive electric supply rates with StarTex Power. So far, Constellation Home has been providing energy services in Pennsylvania as well as in Maryland as BGE HOME. It provides services for all major brands of heating and cooling systems. Constellation and its companies are responsible for marketing Exelon Generation's products. These companies work to develop and deliver products that meet customer needs. They provide energy products and services to more than 2.5 million residential, public sector and business customers. Constellation continues to perform well in 2015 due to its generation to load matching strategy. In second-quarter 2015, Exelon's adjusted operating earnings of 59 cents per share surpassed its guidance range of 45 to 55 cents per share driven by strong performance at Constellation. Exelon currently has a Zacks Rank #3 (Hold). Some better-ranked stocks in the utility space include Empresa Nacional de Electricidad S.A. EOC and Enersis S.A. ENI , both sporting a Zacks Rank #1 (Strong Buy), and American Electric Power Co., Inc. AEP , holding a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMER ELEC PWR (AEP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ENERSIS S A ADR (ENI): Free Stock Analysis Report ENDESA-CHILE (EOC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-08-13,18.0567,18.2628,17.8642,18.1857,
EXC,2015-08-14,18.0977,18.4133,18.0382,18.3703,
EXC,2015-08-17,18.2971,18.7025,18.2804,18.5501,
EXC,2015-08-18,18.4523,18.6703,18.341,18.6567,
EXC,2015-08-19,18.599,19.0357,18.5081,18.9809,
EXC,2015-08-20,18.8793,19.1237,18.7406,18.769,
EXC,2015-08-21,18.7475,18.852,18.2804,18.3245,
EXC,2015-08-24,18.1349,18.6224,17.8535,18.1251,"IDU, DUK, EXC, AEP: ETF Inflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $22.6 million dollar inflow -- that's a 3.8% increase week over week in outstanding units (from 5,250,000 to 5,450,000). Among the largest underlying components of IDU, in trading today Duke Energy Corp (Symbol: DUK) is off about 3.7%, Exelon Corp. (Symbol: EXC) is off about 0.3%, and American Electric Power Company, Inc. (Symbol: AEP) is lower by about 3.5%. For a complete list of holdings, visit the IDU Holdings page » The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $103.42 per share, with $124.63 as the 52 week high point - that compares with a last trade of $108.89. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-08-25,18.4192,18.5813,16.8647,16.8784,"[""Can Southern Co. Gain from $12B AGL Resources Buyout? Electric utility firm Southern CompanySO has decided to acquire AGL Resources IncGAS , an energy services holding company. The agreement will likely be valued at $12 billion, with the inclusion of debt. The completion of the transaction is expected by the second half of 2016. Deal Terms The buyout will take Southern Company to the second-largest U.S. utility milestone, Exelon Corporation EXC being the largest one. This is because the company's customer base is anticipated to double. As a part of the transaction, the stockholders of AGL Resources will get $66 per share, which is 38% higher than $47.86 - the closing price of AGL Resources on Friday. Following the news, the share price of AGL Resources rose more than 28% to reach $61.41 on NYSE on Monday. But the price is still lower than the offer price of $66. Southern Company fell almost 5% on Monday when U.S. stocks witnessed a broad decline. What's Troubling Southern Company? Before discussing the benefits that Southern Company will likely reap following the transaction, we discuss the problems that the company is facing currently. Among the power plants that the company possesses, 40% units generate power from coal, another 40% from natural gas, 16% is related to nuclear and the remaining 4% come from hydropower and other sources. It is now common knowledge that the U.S. is against generating electricity from coal powered plants. This is because the units are emitting significant carbon into the atmosphere and polluting the air. As a significant portion of the energy that Southern Company generates comes from coal, the company has spent considerably on pollution control measures. Moreover, constructing a nuclear plant requires huge investments, which Southern Company has long been bearing. The company often faced problems related to construction delays and cost over runs. Overall, Southern Company's operating expenses have ballooned. In order to cover up the rising costs, the company has also attempted to convince the regulators of a rate hike in certain localities. But as of now, Southern Company hasn't seen enough success. How Will the Buyout Help? Now let's see how the merger might help Southern Company to counter its soaring costs. Demand for natural gas is apparently on the rise for daily energy needs as generating electricity from this commodity will not pollute the environment. This is evident from the fact that coal-fired plants are being shuttered and the U.S. wants its utilities to come up with more plants that generate electricity from natural gas. Hence it is clear that by acquiring AGL Resources, which mainly deals in distributing natural gas, Southern Company should step up cheap natural gas supply to its power plants. Focusing on natural gas might also help the company to reduce its operating cost to a large extent. On top of that, as the customer base of Southern Company is expected to double, the company will be able to generate more revenues from gas distribution services and check its expenses. Management of Southern Company added that by 2020, the company will likely be producing 55% of its electricity from natural gas while only 21% will be rooted in coal. Also, Southern Company believes that with the closure of the deal, its long-term EPS will increase by 4% to 5%. Zacks Ranks Presently, Southern Company carries a Zacks Rank #2 (Buy) while AGL Resources has a Zacks Rank #3 (Hold). Another player worth taking a look in the energy sector is Alon USA Energy, Inc. ALJ . The stock sports a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report AGL RESOURCES (GAS): Free Stock Analysis Report ALON USA ENERGY (ALJ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Transocean shares sink as board seeks dividend suspension Solera Holding shares rise on earnings beat Transocean Ltd. shares sink in the extended session Tuesday after the offshore oil-drilling rig company said its board plans to propose cancelling the last two quarterly dividend payments in the fiscal year."", ""Here are Tuesday\u2019s S&P 500 biggest winners and losers Index ends lower, but many stocks performed well After rising as much as 2.9%, the S%P 500 ended 1.4% lower, but many stocks still performed well, writes Phil van Doorn.""]"
EXC,2015-08-26,17.3142,17.6737,17.0308,17.4578,"[""Company News for August 26, 2015 \u2022 Shares of Best Buy Co., Inc. ( BBY ) soared 12.6% after the company reported second quarter earnings per share of $0.49, beating the Zacks Consensus Estimate of $0.42 \u2022 Shares of Pepco Holdings, Inc. ( POM ) tanked 16.5% after the D.C. Public Service Commission denied Exelon Corporation's ( EXC ) application to acquire Pepco for $6.4 billion \u2022 Toll Brothers Inc.'s ( TOL ) shares plunged 7.8% after the company posted third quarter earnings per share of $0.36, lower than $0.53 from a year earlier \u2022 Shares of Sanderson Farms, Inc. ( SAFM ) declined 0.1% after the company reported third quarter earnings per share of $2.27 that fell short of the Zacks Consensus Estimate of $2.87 Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BEST BUY (BBY): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report TOLL BROTHERS (TOL): Free Stock Analysis Report SANDERSON FARMS (SAFM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Black Hills (BKH) Gets Clearance for SourceGas Acquisition Black Hills CorporationBKH announced that it has received Hart-Scott-Rodino clearance for its acquisition of Golden, CO-based SourceGas Holdings LLC. On Aug 18, 2015, the Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for its proposed acquisition. On Jul 12, Rapid City, SD-based Black Hills Corp. announced that it has entered into an agreement to acquire SourceGas Holdings for an approximate consideration of $1.9 billion. SourceGas operates through four subsidiaries to provide natural gas transmission and distribution services to approximately 425,000 customers in four U.S. states. The acquisition is expected to be completed in the first half of 2016. (Read More: Black Hills (BKH) to Acquire SourceGas Holdings for $1.9B ) The acquisition is also subject to regulatory approvals by the Arkansas Public Service Commission, Colorado Public Utilities Commission, Nebraska Public Service Commission and Wyoming Public Service Commission. On Aug 10, both Black Hills and SourceGas filed joint applications with each of the state regulatory commissions seeking approval for the acquisition. Currently, utility companies have been considering mergers and acquisitions as viable alternatives to cope with shrinking sales and growing costs to meet increasingly stringent environmental regulations and urgency to upgrade aging infrastructure. In June, Wisconsin Energy Corporation completed the acquisition of Integrys Energy and formed WEC Energy Group WEC . The combined entity became one of the largest utilities of the Midwest, serving 4.4 million customers in Wisconsin, Illinois, Michigan and Minnesota. However, the eagerly awaited completion of the merger of Exelon Corporation EXC and Pepco Holdings Inc. POM in the third quarter hit a road block. A panel of regulators from the District of Columbia Public Service Commission unanimously rejected the proposal, yesterday saying that it has been unable to find any evidence that the merger would increase the quality of service. (Read More: Pepco-Exelon Merger Rejected by Regulators ) Currently, Black Hills Corp. carries a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WEC ENERGY GRP (WEC): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report BLACK HILLS COR (BKH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for August 26, 2015 Benchmarks experienced sharp downside reversal as selling accelerated in the final hour of trading to drag them into the red. China's central bank's initiative to cut interest rates and reserve requirement ratio to shore up growth helped indexes move higher for most part of the day. However, the indexes eroded all gains as selling intensified and investors remained unconvinced whether China's latest measures will reduce global growth concerns. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) lost 1.3% to close at 15,666.44. The Standard & Poor's 500 (S&P 500) declined 1.4% to 1,867.61. The tech-laden Nasdaq Composite Index closed at 4,506.49, losing 0.4%. The fear-gauge CBOE Volatility Index (VIX) plunged 11.6% to close at 36.02. However, the fear gauge index closed at its highest level since 2011. A total of about 10.4 billion shares were traded on Tuesday, higher than the month-to-date average of 7.5 billion. Decliners outpaced advancing stocks on the NYSE. For 54% stocks that declined, 43% advanced. The Dow and the S&P 500 closed in negative territory after climbing almost 3% earlier during the trading session. Both the indexes posted their biggest downside reversal since Oct 29, 2008. Meanwhile, the S&P 500 registered a six-day losing streak; it's first since Jul 2012. The index also remained in correction territory after plummeting 12% from its peak achieved on May 21. In the last one and a half weeks the index has lost almost $2 trillion, while in the last two trading sessions almost $900 billion got wiped out. Benchmarks traded firmly higher during the earlier part of the trading session after China's central bank decided to trim its interest rates to boost economic growth. The People's Bank of China (PBOC) decided to cut interest rates for the fifth time since November. The apex bank will cut one-year lending rate to 4.6% from 4.85%, while the one-year deposit rate will be lowered to 1.75% from 2%. The PBOC also decided to reduce reserve requirement ratio for all banks from 18.5% to 18%. This will pump around 678 billion yuan or about $105.9 billion into the Chinese economy. While the interest rate cut will become effective from Wednesday, the reduction in reserve-requirement will be effective from Sep 6. However, benchmarks' rally evaporated during the final hour of trading on selling pressure. Investors were also unconvinced about China's measures to ease its growth concerns. Tuesday's losses were broad based, with all 10 sectors of the S&P 500 ending in the red. The Utilities Select Sector SPDR ETF (XLU) declined 3.1% and was the biggest loser among the S&P 500 sectors. Key stocks from the sector including Southern Company ( SO ), NextEra Energy, Inc. ( NEE ), Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ) decreased 2.5%, 2.5%, 3.1% and 6.9%, respectively. The Homebuilders ETF (XHB) was the second biggest loser, decreasing 2.1%. Key stocks from the sector including Lennar Corporation ( LEN ), DR Horton Inc. ( DHI ), PulteGroup, Inc. ( PHM ) and NVR, Inc. ( NVR ) decreased 3.8%, 4.2%, 3.6% and 2%, respectively. Coming to economic data, the U.S. Census Bureau and the Department of Housing and Urban Development jointly reported a 5.4% increase in sales of new single-family houses in July to 507,000. However, this was less than the consensus estimate of a 513,000 increase. Separately, the S&P/Case-Shiller Home Price Indices revealed that 20-City composite index, the leading measure of U.S. home prices, rose 5% year on year in June. Meanwhile, the Conference Board reported that the Consumer Confidence Index has increased from July's 91 to 101.5 in August. The rise in consumer confidence was larger than the consensus estimate of an increase to 94.3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SOUTHERN CO (SO): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report LENNAR CORP -A (LEN): Free Stock Analysis Report D R HORTON INC (DHI): Free Stock Analysis Report PULTE GROUP ONC (PHM): Free Stock Analysis Report NVR INC (NVR): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corporation (EXCU) Ex-Dividend Date Scheduled for August 27, 2015 Exelon Corporation ( EXCU ) will begin trading ex-dividend on August 27, 2015. A cash dividend payment of $0.8125 per share is scheduled to be paid on September 01, 2015. Shareholders who purchased EXCU prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that EXCU has paid the same dividend. At the current stock price of $45.51, the dividend yield is 7.14%. The previous trading day's last sale of EXCU was $45.51, representing a -18.21% decrease from the 52 week high of $55.64 and a 1.36% increase over the 52 week low of $44.90. EXCU is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). For more information on the declaration, record and payment dates, visit the EXCU Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-08-27,17.5799,17.6541,17.319,17.614,
EXC,2015-08-28,17.5466,17.6923,17.1744,17.4362,
EXC,2015-08-31,17.3025,17.3249,16.8325,17.0826,"The bottom is in... just not for the S&P Critical intelligence before the U.S. market opens This Monday, like so many before, already stinks"
EXC,2015-09-01,16.8852,17.0152,16.5208,16.6371,
EXC,2015-09-02,16.7719,16.8491,16.5628,16.6371,
EXC,2015-09-03,16.7143,16.854,16.6253,16.8011,
EXC,2015-09-04,16.6586,16.7143,16.4319,16.5032,
EXC,2015-09-08,16.6976,16.8442,16.6419,16.8188,"Exelon (EXC) Slips to 52-Week Low: Is it Merger Disapproval? Chicago-based electric utility giant, Exelon CorporationEXC is certainly not witnessing a golden period. Shares of Exelon have dropped to a 52-week low of $29.59 per share on Sep 4, 2015, eventually closing a notch higher at $29.72. The recent discouraging development of Exelon's proposed merger with Pepco Holdings POM has tarnished the appeal of the stock. Exelon's shares have mostly turned southward since the announcement. On Aug 25, a panel of regulators from the D.C. Public Service Commission denied Exelon's proposed $6.4 billion takeover of Pepco Holdings. The commission unanimously rejected the proposal, saying that it found no evidence that the merger would increase the quality of service. This was a major setback for the two utility giants. As forward prices depict a weak outlook, most utilities at present are striving to increase their exposure to the regulated business. Exelon, which is engaged in the production and distribution of electricity and natural gas throughout the country, was attempting to expand its regulated operations, so as to provide stability to its revenue and earnings stream. Though the company has decided to push forward with the transaction, it presently stands on shaky ground. Exelon's long-term plans will require a re-modeling in case the venture does not materialize. Furthermore, Exelon recently divulged that three of its nuclear power plants - Oyster Creek, Quad Cities and Three Mile Island - did not qualify for the PJM capacity auction for the 2018-19 planning year. The auction is conducted every year by PJM, the grid operator, to ensure that enough power generation resources are available to cover 13 states and the District of Columbia. Even though this annual revenue is a critical criterion in assessing a plant's long-term viability, the company said that it is just one of several considerations it will exploit to make decisions about future operations. Zacks Rank & Key Picks Exelon Corporation currently has a Zacks Rank #3 (Hold). Brookfield Infrastructure Partners L.P. BIP and American Electric Power Co., Inc. AEP are currently better picks in the electric utility space. While Brookfield Infrastructure carries an impressive Zacks Rank #1 (Strong Buy), American Electric Power holds a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMER ELEC PWR (AEP): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report BROOKFIELD INFR (BIP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-09-09,16.8491,16.9429,16.5101,16.5403,
EXC,2015-09-10,16.6869,16.72,16.4592,16.5208,"Exelon Unit Completes Annual Inspection of Electric Lines Exelon CorporationEXC announced that its electric and natural gas subsidiary PECO has recently completed inspection of its vital system, which will ensure service reliability. The $400,000 investment includes visual inspection of 1,932 circuits and more than 10,000 miles of aerial electric lines. PECO serves nearly 1.6 million electric customers. The inspection allows the company to address in advance potential threats that could result in outages. The company utilizes the latest in technology to identify damaged equipment and repair sagging electric lines. Infrared cameras are also used to record temperature variations within equipment during operation. This helps to identify potential issues before an outage can occur. It helps to prevent service disruption. Inspection and Upgrade - An Ongoing Phenomenon The company continues to monitor, inspect, repair and replace equipment, critical to ensuring safe and reliable electric and natural gas service to its customers. The current inspection of lines is a part of a $500 million total investment made by the company every year. In August, PECO completed the construction of a new $36 million electric distribution substation to ensure better services for more than 10,000 customers in North Philadelphia. In July, PECO announced that it is investing $750,000 to enhance the local natural gas distribution system in Spring City, Chester County. Other Developments This Zacks Rank #3 (Hold) utility stock is making sure that its customers get a reliable supply of electricity and natural gas. However, its quest to become the leading Mid-Atlantic natural gas and electric utility via the acquisition of Pepco Holdings Inc. POM hit a road block due to the denial of merger approval by a panel of regulators from the D.C. Public Service Commission. The denial has now raised questions about whether the merger will at all be possible. Given the disappointment, Exelon shares have dropped nearly 2% since the Aug 25 announcement to close at $29.79 yesterday. Zacks Rank Exelon currently has a Zacks Rank #3 (Hold). Brookfield Infrastructure Partners L.P. BIP and American Electric Power Co., Inc. AEP are currently better picks in the utility space. While Brookfield Infrastructure sports a Zacks Rank #1 (Strong Buy), American Electric Power holds a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report > Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMER ELEC PWR (AEP): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report BROOKFIELD INFR (BIP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-09-11,16.4797,16.5628,16.4094,16.4905,
EXC,2015-09-14,16.5989,16.8969,16.5989,16.7474,"Mid-Day Market Update: Crude Oil Down Over 1%; Chico's Shares Spike Higher Midway through trading Monday, the Dow traded down 0.40 percent to 16,368.05 while the NASDAQ slipped 0.52 percent to 4,797.52. The S&P also fell, dropping 0.48 percent to 1,951.65. Leading and Lagging Sectors In trading on Monday, utilities shares were relative leaders, up on the day by about 0.15 percent. Top gainers in the sector included Consolidated Water Co. Ltd. (NASDAQ: CWCO ), up 8 percent, and Exelon Corporation (NYSE: EXC ), up 2 percent. Telecommunications services shares tumbled by 1.13 percent in Monday's trading. Meanwhile, top losers in the sector included NTT Docomo Inc (ADR) (NYSE: DCM ), down 7 percent, and Nippon Telegraph & Telephone Corp (ADR) (NYSE: NTT ), off 5 percent. Top Headline Solera Holdings Inc (NYSE: SLH ) agreed to be acquired by an affiliate of Vista Equity Partners for around $3.74 billion in cash. The offer price of $55.85 per share represents a 13 percent premium over Solera's closing price of $49.45 on Friday. Equities Trading UP Collegium Pharmaceutical Inc (NASDAQ: COLL ) shares shot up 39 percent to $18.72 after the company reported that the FDA Advisory Committees have unanimous recommended the approval of Xtampza ER. Shares of Solera Holdings Inc (NYSE: SLH ) got a boost, shooting up 9 percent to $53.79 after the company agreed to be acquired by an affiliate of Vista Equity Partners for around $3.74 billion in cash. Chico's FAS, Inc. (NYSE: CHS ) shares were also up, gaining 10 percent to $16.61. Chico's FAS is considering a sale of the company, according to sources reported by Bloomberg late Friday. Sycamore Partners is said to be one of the bidders. Equities Trading DOWN Raptor Pharmaceutical Corp. (NASDAQ: RPTP ) shares tumbled 37 percent to $7.57 following news that Phase 2b CyNCh trial did not meet primary endpoint. Shares of Timkensteel Corp (NYSE: TMST ) were down 17 percent to $12.99 after the company issued an updated forecast for the third quarter. Cowen & Company downgraded Timkensteel from Outperform to Market Perform. Manning and Napier Inc (NYSE: MN ) was down, falling 9 percent to $7.55. Analysts at Raymond James downgraded Manning and Napier from Outperform to Market Perform. Commodities In commodity news, oil traded down 1.03 percent to $44.17, while gold traded up 0.27 percent to $1,106.30. Silver traded down 0.76 percent Monday to $14.40, while copper fell 1.53 percent to $2.42. Eurozone European shares were mostly lower today. The eurozone's STOXX 600 declined 0.26 percent, the Spanish Ibex Index fell 0.01 percent, while Italy's FTSE MIB Index dipped 0.76 percent. Meanwhile, the German DAX gained 0.61 percent, and the French CAC 40 dropped 0.08 percent, while U.K. shares fell 0.18 percent. Economics On the economics calendar Monday, there is no important data due out. © 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Free Trading Education - Check out the free events taking place on Marketfy this week. Spaces are limited. Sign up today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-09-15,16.8325,16.9868,16.7143,16.9331,
EXC,2015-09-16,16.9517,17.2819,16.9087,17.2467,
EXC,2015-09-17,17.2418,17.7353,17.1696,17.532,
EXC,2015-09-18,17.2134,17.5203,17.1413,17.1637,
EXC,2015-09-21,17.1744,17.3249,16.937,16.9468,
EXC,2015-09-22,16.9262,16.98,15.7763,15.8026,"After Hours Most Active for Sep 22, 2015 : FCX, QQQ, YHOO, HPQ, INTC, CX, EXC, PFE, DHR, FITB, CSCO, AINV The NASDAQ 100 After Hours Indicator is up 2.11 to 4,276.21. The total After hours volume is currently 35,114,714 shares traded. The following are the most active stocks for the after hours session : Freeport-McMoran, Inc. ( FCX ) is +0.03 at $10.62, with 5,298,963 shares traded. As reported by Zacks, the current mean recommendation for FCX is in the ""buy range"". PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.02 at $104.12, with 2,885,352 shares traded. This represents a 22.87% increase from its 52 Week Low. Yahoo! Inc. ( YHOO ) is +0.0061 at $30.41, with 2,563,287 shares traded. As reported by Zacks, the current mean recommendation for YHOO is in the ""buy range"". Hewlett-Packard Company ( HPQ ) is -0.01 at $25.64, with 2,418,012 shares traded. HPQ's current last sale is 64.1% of the target price of $40. Intel Corporation ( INTC ) is +0.18 at $28.85, with 1,873,520 shares traded. INTC's current last sale is 80.14% of the target price of $36. Cemex S.A.B. de C.V. ( CX ) is unchanged at $7.34, with 1,359,175 shares traded. CX's current last sale is 65.24% of the target price of $11.25. Exelon Corporation ( EXC ) is unchanged at $28.46, with 1,347,152 shares traded., following a 52-week high recorded in today's regular session. Pfizer, Inc. ( PFE ) is unchanged at $32.26, with 1,221,119 shares traded. As reported by Zacks, the current mean recommendation for PFE is in the ""buy range"". Danaher Corporation ( DHR ) is -0.201 at $85.37, with 1,138,818 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2015. The consensus EPS forecast is $1.27. As reported by Zacks, the current mean recommendation for DHR is in the ""buy range"". Fifth Third Bancorp ( FITB ) is +0.0038 at $18.85, with 821,283 shares traded. FITB's current last sale is 85.7% of the target price of $22. Cisco Systems, Inc. ( CSCO ) is +0.005 at $25.15, with 801,585 shares traded. As reported by Zacks, the current mean recommendation for CSCO is in the ""buy range"". Apollo Investment Corporation ( AINV ) is unchanged at $5.85, with 768,472 shares traded. AINV's current last sale is 78% of the target price of $7.5. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-09-23,15.9581,16.3761,15.8026,16.1133,
EXC,2015-09-24,16.0303,16.2365,15.8007,16.1437,
EXC,2015-09-25,16.3157,16.5032,16.1378,16.3831,
EXC,2015-09-28,16.2707,16.5687,16.1475,16.2149,
EXC,2015-09-29,16.3214,16.4123,16.0704,16.1856,"Exelon and Pepco Appeal to clear the final hurdle for Merger Not unexpectedly Exelon CorporationEXC and Pepco HoldingsPOM filed an appeal with the Public Service Commission of the District of Columbia to reconsider their merger. This August, the commission had rejected the merger citing that it would not benefit consumers while it would make Pepco a second tier company (read: Pepco-Exelon Merger Rejected by Regulators ). However, both the companies involved held a different view. Their contention was that this $6.8 billion merger will be beneficial for all customers across the service territories. The companies have taken note of the reasons given by the commission for rejecting the merger and are working out a way to convince regulators about the benefits it would bring. The District of Columbia Commission has been discussing with the officials of both companies to ensure a stronger Pepco post-merger that would also lead to energy reliability in the District. This transaction had practically stumbled at the last regulatory hurdle with other commissions having okayed the agreement. Both Exelon and Pepco Holdings, along with their customers and residents of the Mid-Atlantic states, stand to benefit from the proposed transaction. The consolidated entity will bring about economies of scale with the ability to efficiently execute long-term growth plans while creating new jobs and boosting the economy in Delaware, Maryland, New Jersey and Washington, D.C. Merger and acquisitions are occurring at a steady pace in the utility space. In June, Wisconsin Energy Corporation completed the acquisition of Integrys Energy - forming the WEC Energy Group WEC . The new company provides electricity and natural gas to nearly 4.4 million customers in four states. We expect to see further consolidation in the utility space following the release of the final version of the U.S. Environmental Protection Agency's Clean Power Plan. The plan calls for CO2 reduction of 28% by 2025 and 32% by 2030, from 2005 levels. Larger utilities will have more financial strength and access to capital to meet the requirements within the stipulated time. Exelon currently has a Zacks Rank #2 (Buy). Brookfield Infrastructure Partners L.P. BIP is also a favorably ranked stock, sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WEC ENERGY GRP (WEC): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report BROOKFIELD INFR (BIP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-09-30,16.297,16.5266,16.1759,16.4905,
EXC,2015-10-01,16.4749,16.5208,16.1378,16.2149,
EXC,2015-10-02,16.3761,16.5579,16.171,16.5579,"Utility Sector's Positive Attributes The Utility sector is presently at a crossroads after the release of the new emission standards by the U.S. Environmental Protection Agency (EPA). The finalized Clean Power Plan calls for CO2 reduction of 28% by 2025 and 32% by 2030, from 2005 levels. To meet the new emission standards, the industry needs more investments going forward. In this context, the near-zero interest rate is of a great help but a hike in rates could adversely impact the utilities, though rate hikes aren't imminent following the weak September non-farm payroll report that showed the U.S. economy losing its growth momentum during the summer months. As would be expected, larger utilities will have more financial strength and better access to capital to achieve regulatory compliance. This is also likely to trigger more consolidation in the utility landscape, with a definite focus on generating electricity from natural gas and renewable sources. Consequently, we expect to see higher solar installations across the U.S., more so in 2016 due to the expiry of the higher solar tax credit at year end. The combination of steady electricity price gains and stable-to-improving demand will drive the utility sector. A decline in the unemployment rate, increase in hourly earnings of average workers and higher demand in residential and other customer classes are tailwinds for the utilities. Rising up to the environmental challenge, utility companies are steadily improving their operations by investing in more environment-friendly power generation facilities. Per a recent release from the U.S. government's Energy Information Administration (EIA), the electricity industry retired nearly 9,800 megawatts (MW) of conventional steam coal-fired generating capacity during the first six months of this year. These retirements represented 3.3% of the amount of operating steam coal capacity at the end of 2014. The industry plans to retire an additional 3,133 MW of coal capacity this year and nearly 6,000 MW during 2016. Apart from the Clean Power Plan, the current spate of coal-fired plant retirements has largely been influenced by the need to comply with the Mercury and Air Toxics Standards. Low natural gas prices have also been a stimulus. We believe a constructive utility rate environment, increase in electricity production from natural gas and renewables and investments in infrastructure upgrade projects will definitely enable the utilities to efficiently serve a larger customer base. In the segments below, we discuss the basic strengths of the utility sector. Regular Dividend & Share Buybacks Utility operators generate more or less stable earnings unless there are severe factors disrupting their operations. The regulated nature of operations provides stability and removes volatility from future earnings. These operators in turn reward their shareholders through the payment of sustainable dividends and share buybacks. This was evident during the economic crisis of 2008-2009 when utilities continued to pay dividends without fail. Stable & Growing Demand The biggest positive as well as the most fundamental strength of the utility sector is that there is basically no viable substitute for their services. The endless need for electricity and utility services is a prime driver. This gives revenues and cash flows a high level of certainty and visibility. Focused on R&D In their pursuit of improving the standard of services, utility operators have steadily invested in research and development (R&D). They have brought new smart meters, transmission and distribution lines, and gas pipelines into operation to meet the rising demand for power without compromising on energy efficiency. Utility operators are also benefiting from ongoing research in the solar photovoltaic (PV) sector. Solar energy is a growing alternate energy source and the new solar cells with higher conversion rates allow operators to generate more power from fewer solar panels. This enables the operators to lower the cost of generating power from alternate sources as these are generally more expensive than fossil fuel sources. Barriers to Entry Utility businesses are by their very nature monopolistic. In fact, that's the primary reason why they are so heavily regulated in the first place. But on the other hand, the benefit of this heavy regulation is that they don't have to worry about new entrants in their area of operations as companies in other industries have to. The need for greater capital investments also creates a big hurdle for new operators in the space. Mergers and Acquisitions Utility sector operators don't shy away from M&A activities to supplement their organic growth. In addition to giving their operations greater scale and scope, such measures also lead to cost synergies and better utilization of resources. The larger the companies, the more access have they to funds essential for vital infrastructure upgrades. We believe that in a mature energy market like the U.S., mergers and acquisitions represent a sure way to enhance market share. This expands market reach through the usage of transmission and distribution lines, diversifies the generation portfolio and also lowers operating costs through the usage of common back office space to control the expanded operation. In Jun 2015, Wisconsin Energy Corporation completed the acquisition of Integrys Energy, forming WEC Energy Group ( WEC ). The enlarged company provides electricity and natural gas to nearly 4.4 million customers across four states. However, the merger between Exelon Corp. ( EXC ) and Pepco Holdings ( POM ) has yet to clear the final regulatory hurdle with the Public Service Commission of the District of Columbia and the two companies in discussion to find a solution to their differences. In Dec 2014, NextEra Energy Inc. ( NEE ) announced that it has entered into a definitive agreement to acquire the utility wing of Hawaiian Electric Industries, Inc. ( HE ) for a total consideration of $4.3 billion. The merger process is currently on course and is awaiting some regulatory approvals. To Sum Up We can have different fuel types like coal, oil, natural gas, nuclear power and renewable sources to produce electricity, but we do not have any alternative to electricity. Similarly, clean water does not have any viable substitute. This is perhaps the most vital driving factor for the industry. Stable operations, highly visible revenues and cash flows, combined with the sector's income/yield attributes are some of its key defining features. Moreover, the mature capital intensive U.S.-based utilities have hitherto benefited from lose monetary policies. Volatility in the markets has also driven investors to seek protection in the utility space. These regular dividend payers are often regarded as a ""bond substitute."" So long rates remain the same, utilities will continue to have an advantage over low-yielding Treasury bonds. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WEC ENERGY GRP (WEC): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report HAWAIIAN ELEC (HE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-10-05,16.6536,17.0766,16.6156,16.8256,"[""iShares Global Infrastructure ETF Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Global Infrastructure ETF (Symbol: IGF) where we have detected an approximate $41.5 million dollar outflow -- that's a 3.8% decrease week over week (from 29,200,000 to 28,100,000). Among the largest underlying components of IGF, in trading today Williams Cos Inc (Symbol: WMB) is up about 2.9%, American Electric Power Company, Inc. (Symbol: AEP) is up about 0.5%, and Exelon Corp. (Symbol: EXC) is higher by about 1.7%. For a complete list of holdings, visit the IGF Holdings page \u00bb The chart below shows the one year price performance of IGF, versus its 200 day moving average: Looking at the chart above, IGF's low point in its 52 week range is $36.36 per share, with $44.31 as the 52 week high point - that compares with a last trade of $39.00. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks Industry Outlook Highlights: WEC Energy, Exelon, Pepco Holdings, NextEra Energy and Hawaiian Electric Industries For Immediate Release Chicago, IL - October 05, 2015 - Today, Zacks Equity Research discusses the Utilities, part 2, including WEC Energy Group ( WEC ), Exelon Corp. ( EXC ), Pepco Holdings ( POM ), NextEra Energy Inc. ( NEE ) and Hawaiian Electric Industries, Inc. ( HE ). Industry: Utilities, part 2 Link: http://www.zacks.com/commentary/58106/utility-sector39s-positive-attributes The Utility sector is presently at a crossroads after the release of the new emission standards by the U.S. Environmental Protection Agency (EPA). The finalized Clean Power Plan calls for CO2 reduction of 28% by 2025 and 32% by 2030, from 2005 levels. To meet the new emission standards, the industry needs more investments going forward. In this context, the near-zero interest rate is of a great help but a hike in rates could adversely impact the utilities, though rate hikes aren't imminent following the weak September non-farm payroll report that showed the U.S. economy losing its growth momentum during the summer months. As would be expected, larger utilities will have more financial strength and better access to capital to achieve regulatory compliance. This is also likely to trigger more consolidation in the utility landscape, with a definite focus on generating electricity from natural gas and renewable sources. Consequently, we expect to see higher solar installations across the U.S., more so in 2016 due to the expiry of the higher solar tax credit at year end. The combination of steady electricity price gains and stable-to-improving demand will drive the utility sector. A decline in the unemployment rate, increase in hourly earnings of average workers and higher demand in residential and other customer classes are tailwinds for the utilities. Rising up to the environmental challenge, utility companies are steadily improving their operations by investing in more environment-friendly power generation facilities. Per a recent release from the U.S. government's Energy Information Administration (EIA), the electricity industry retired nearly 9,800 megawatts (MW) of conventional steam coal-fired generating capacity during the first six months of this year. These retirements represented 3.3% of the amount of operating steam coal capacity at the end of 2014. The industry plans to retire an additional 3,133 MW of coal capacity this year and nearly 6,000 MW during 2016. Apart from the Clean Power Plan, the current spate of coal-fired plant retirements has largely been influenced by the need to comply with the Mercury and Air Toxics Standards. Low natural gas prices have also been a stimulus. We believe a constructive utility rate environment, increase in electricity production from natural gas and renewables and investments in infrastructure upgrade projects will definitely enable the utilities to efficiently serve a larger customer base. In the segments below, we discuss the basic strengths of the utility sector. Regular Dividend & Share Buybacks Utility operators generate more or less stable earnings unless there are severe factors disrupting their operations. The regulated nature of operations provides stability and removes volatility from future earnings. These operators in turn reward their shareholders through the payment of sustainable dividends and share buybacks. This was evident during the economic crisis of 2008-2009 when utilities continued to pay dividends without fail. Stable & Growing Demand The biggest positive as well as the most fundamental strength of the utility sector is that there is basically no viable substitute for their services. The endless need for electricity and utility services is a prime driver. This gives revenues and cash flows a high level of certainty and visibility. Focused on R&D In their pursuit of improving the standard of services, utility operators have steadily invested in research and development (R&D). They have brought new smart meters, transmission and distribution lines, and gas pipelines into operation to meet the rising demand for power without compromising on energy efficiency. Utility operators are also benefiting from ongoing research in the solar photovoltaic (PV) sector. Solar energy is a growing alternate energy source and the new solar cells with higher conversion rates allow operators to generate more power from fewer solar panels. This enables the operators to lower the cost of generating power from alternate sources as these are generally more expensive than fossil fuel sources. Barriers to Entry Utility businesses are by their very nature monopolistic. In fact, that's the primary reason why they are so heavily regulated in the first place. But on the other hand, the benefit of this heavy regulation is that they don't have to worry about new entrants in their area of operations as companies in other industries have to. The need for greater capital investments also creates a big hurdle for new operators in the space. Mergers and Acquisitions Utility sector operators don't shy away from M&A activities to supplement their organic growth. In addition to giving their operations greater scale and scope, such measures also lead to cost synergies and better utilization of resources. The larger the companies, the more access have they to funds essential for vital infrastructure upgrades. We believe that in a mature energy market like the U.S., mergers and acquisitions represent a sure way to enhance market share. This expands market reach through the usage of transmission and distribution lines, diversifies the generation portfolio and also lowers operating costs through the usage of common back office space to control the expanded operation. In Jun 2015, Wisconsin Energy Corporation completed the acquisition of Integrys Energy, forming WEC Energy Group ( WEC ). The enlarged company provides electricity and natural gas to nearly 4.4 million customers across four states. However, the merger between Exelon Corp. ( EXC ) and Pepco Holdings ( POM ) has yet to clear the final regulatory hurdle with the Public Service Commission of the District of Columbia and the two companies in discussion to find a solution to their differences. In Dec 2014, NextEra Energy Inc. ( NEE ) announced that it has entered into a definitive agreement to acquire the utility wing of Hawaiian Electric Industries, Inc. ( HE ) for a total consideration of $4.3 billion. The merger process is currently on course and is awaiting some regulatory approvals. To Sum Up We can have different fuel types like coal, oil, natural gas, nuclear power and renewable sources to produce electricity, but we do not have any alternative to electricity. Similarly, clean water does not have any viable substitute. This is perhaps the most vital driving factor for the industry. Stable operations, highly visible revenues and cash flows, combined with the sector's income/yield attributes are some of its key defining features. Moreover, the mature capital intensive U.S.-based utilities have hitherto benefited from lose monetary policies. Volatility in the markets has also driven investors to seek protection in the utility space. These regular dividend payers are often regarded as a \""bond substitute.\"" So long rates remain the same, utilities will continue to have an advantage over low-yielding Treasury bonds. Zacks \""Profit from the Pros\"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today . Find out What is happening in the stock market today on zacks.com. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WEC ENERGY GRP (WEC): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report HAWAIIAN ELEC (HE): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-10-06,16.7914,16.8969,16.5872,16.7767,
EXC,2015-10-07,16.8325,16.9468,16.6869,16.7308,
EXC,2015-10-08,16.6976,17.2037,16.5755,17.148,"Exelon & Pepco's Revised Proposal Clinches Nod for Merger The cloud of uncertainty hovering over the Exelon CorporationEXC and Pepco HoldingsPOM merger has finally been dispelled. On Oct 6, both the companies reached an agreement with the Government of the District of Columbia and other parties on their proposed merger. Last month, Exelon and Pepco had filed a fresh appeal with the commission for the approval (read: Exelon and Pepco Appeal to clear the final hurdle for Merger ). In August, the District of Columbia had rejected the merger proposal as they believed that the transaction would hold little benefit for the District's customers. They also apprehended that the merger would reduce Pepco to a second-tier company in the combined entity (read: Pepco-Exelon Merger Rejected by Regulators ). What Led to the Agreement? Exelon and Pepco officials were compelled to revise their case and they came out with a new proposal that addressed the issues raised by the District of Columbia Commission. The new proposal included commitments to provide bill credits, low-income assistance, fewer and shorter outages, a cleaner and greener D.C., and investment in local jobs and the local economy. Per the fresh proposal, Exelon will double the direct benefits to customers amounting to $72.8 million in bill credits. The upgraded proposal with added benefits actually did the trick for Exelon and Pepco, enabling them to cross the final regulatory hurdle. The new settlement agreement was signed by the Office of the People's Counsel and the Office of the Attorney General of the District of Columbia and other officials. Recently Completed Merger Utility operators don't shy away from M&A activities to supplement their organic growth. In addition to giving their operations greater scale and scope, such measures also lead to cost synergies and better utilization of resources. In Jun 2015, Wisconsin Energy Corporation completed the acquisition of Integrys Energy, forming WEC Energy Group WEC . The enlarged company provides electricity and natural gas to nearly 4.4 million customers across four states. The utility sector is presently at a crossroads after the release of the new emission standards by the U.S. Environmental Protection Agency. The finalized Clean Power Plan calls for CO2 reduction of 28% by 2025 and 32% by 2030, from 2005 levels. We hope to see more merger and acquisition activities in this space, as larger utilities will have more funds at their disposal to achieve regulatory compliance. Zacks Rank Exelon currently has a Zacks Rank #3 (Hold). A better-ranked utility is Brookfield Infrastructure Partners L.P. BIP , currently sporting a Zacks Rank #1(Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WEC ENERGY GRP (WEC): Free Stock Analysis Report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report BROOKFIELD INFR (BIP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-10-09,17.1413,17.2242,17.0201,17.1139,"AZZ Inc. to Provide Nuclear Valve Services for Laguna Verde A global supplier of specialty electrical equipment, AZZ Incorporated . AZZ was awarded a contract by the Comision Federal de Electricidad (the Federal Electricity Commission or ""CFE"") to refurbish main steam isolation valves (MSIVs) and reactor recirculation cooling system valves at the Laguna Verde 1 and 2 Nuclear Power Plants. Per the agreement, AZZ Inc. will provide its proprietary technology to execute valve repair services beginning with Laguna Unit 1 during scheduled outages in the fall of 2015 and continuing in the spring of 2016. The total contract award is estimated to exceed $15 million. The 1,360 MW Laguna Verde Nuclear Power facility is located near Veracruz, Mexico. AZZ Inc. has the technical expertise and know-how to make nuclear power plants safer for operation. The current order from the CFE is an acknowledgment of AZZ's ability to provide specialty repair solutions to ensure high quality performance of the nuclear units of its international clients. In Jul 2015, AZZ Inc. received a $9 million contract from China Nuclear Power Engineering Company (CNPEC) to provide two circuits of 550 kV 2000A Gas Insulated Line (GIL) for the Hongyanhe Nuclear Power Plant located in Liaoning Province of China. Nuclear based power plants may be a solution to rising electricity demand across the globe. However, routine maintenance and repair work are essential for the safe running of the nuclear plants. Japan's Fukushima meltdown has heightened the need for more pro-active measures to run nuclear power plants safely. Exelon Corporation EXC operates 23 nuclear reactors in the U.S. The utility keeps a sharp eye on the safety and security of its nuclear plant operations and executes timely inspection and maintenance. In the U.S., nuclear plants contribute nearly 60% of all clean energy generation in the country. Zacks Rank AZZ Inc. currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the space are Energous Corporation WATT and Powell Industries, Inc. POWL . Both stocks have a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report AZZ INC (AZZ): Free Stock Analysis Report ENERGOUS CORP (WATT): Free Stock Analysis Report POWELL INDS (POWL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-10-12,17.1813,17.4206,17.1587,17.2291,
EXC,2015-10-13,17.2204,17.3142,16.9517,16.9868,
EXC,2015-10-14,17.0201,17.0465,16.7866,16.8725,"Calpine to Buy Granite Ridge, Expand New England Footprint Calpine Corp.CPN is expanding its power plant array. The company has agreed to acquire the Granite Ridge Energy Center from Granite Ridge Holdings, LLC for $500 million or $671 per kilowatt. The Granite Ridge Energy Center is a 745-megawatt (""MW""), combined-cycle, gas-fired power plant with two Siemens 501G combustion turbines, two heat recovery steam generators and a steam turbine. It is located in Londonderry, NH, about 45 miles northwest of Boston. The 12-year-old plant is located in the ISO-New England electric grid, where Calpine expects significant growth in revenues over the next three years given tightening market conditions. The deal, which is expected to close by early 2016, will add to Calpine's fleet of gas-fired power plants, as natural gas plants continue to gain ground over their coal-fired counterparts in the country. With this acquisition, the company will own approximately 2,000 MW of reliable and environmentally responsible generation resources in New England. The transaction will likely be funded by a mix of debt and cash. The company has been successful in obtaining adequate committed debt financing to cover the purchase price. The transaction is subject to certain conditions like an antitrust review under the Hart-Scott-Rodino Act and approvals from the Federal Energy Regulatory Commission, the Federal Communications Commission and the New Hampshire Site Evaluation Committee. The latest addition will be a step toward Calpine's goal of enhancing its presence in the Northeast. We note that in Jul 2015, Calpine purchased Houston-based Champion Energy Services for $240 million, marking its presence in the retail electricity market. Again, last year, it made its first acquisition in the region, purchasing a natural-gas fired power plant in Massachusetts from Chicago-based Exelon Corp. EXC for $530 million. Zacks Rank Calpine Corp. currently holds a Zacks Rank #3 (Hold). A couple of better-ranked stocks in the power sector are Consolidated Edison, Inc. ED and American Electric Power Co., Inc. AEP . While Consolidated Edison sports a Zacks Rank #1 (Strong Buy), American Electric carries a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMER ELEC PWR (AEP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report CONSOL EDISON (ED): Free Stock Analysis Report CALPINE CORP (CPN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-10-15,16.9429,17.2965,16.5403,17.194,
EXC,2015-10-16,17.2653,17.2907,16.854,16.9145,
EXC,2015-10-19,16.8647,16.9145,16.6371,16.7592,
EXC,2015-10-20,16.7767,17.0522,16.7474,16.98,
EXC,2015-10-21,17.0102,17.1314,16.8686,16.9145,
EXC,2015-10-22,16.98,17.2418,16.9517,17.2204,
EXC,2015-10-23,17.1373,17.1637,16.5687,16.5823,"Dow Jones Industrial Average Gains 157 Points as Tech Stocks Surge MoneyMorning.com Report - For Oct. 23, 2015, here's your topstock market newsand stocks to watch based on today's market moves... How Did the Stock Market Do Today? Dow Jones:17,646.70; +157.54;+0.90% S&P 500: 2,075.15; +22.64;+1.10% Nasdaq:5,031.86; +111.82;+2.27% The Dow Jones Industrial Average today (Friday) added 157 points as several tech giants crushed Wall Street earnings expectations, and traders cheered news the People's Bank of China would slash interest rates again in order to boost China's slowing economic growth. This is the sixth time that the central bank has cut its benchmark rate since November 2014. Meanwhile, Amazon.com Inc. (Nasdaq: AMZN), Alphabet Inc. (Nasdaq: GOOGL), and Microsoft Corp. (Nasdaq: MSFT) all traded higher after reporting strong earnings following the bell on Thursday. Alphabet stock jumped more than 5.6%, while Amazon stock saw a 6.2% rise. Top Stock Market News Today Stock MarketNews: Seven of 10 S&P sectors gained on Friday as technology stocks surged. The S&P technology sector gained more than 3.2% on the day. In addition to gains received by the tech rally and China's rate announcement, traders were also enthused by word the European Central Bank is poised to loosen monetary policy and boost its bond-purchasing program in order to prevent ongoing deflationary pressures. The biggest decliner today was the utilities sector, which slipped roughly 1.5%. High-volume losers were American Electric Power Co. Inc. ( AEP ), Exelon Corp. ( EXC ), and Southern Co. ( SO ). Oil Prices:Oil prices slipped as concerns about the Chinese and European economies weighed down sentiment. November WTI oil prices dipped 1.5% to hit $44.70 per barrel, while Brent crude prices fell 0.2% to hit $48.02. Shares of Chevron Corp. ( CVX ) dipped 0.4%, while shares of Exxon Mobil Corp. ( XOM ) were flat. On Tap Next Week: On Monday, the U.S. Census Bureau will report new home sales for the month of September, while the Dallas Federal Reserve reports its October manufacturing business index. On the international front, keep an eye out for updates on Germany's business climate and a trade balance figure from New Zealand, which has been dramatically affected by demand concerns in China. Companies reporting earnings on Monday include com Inc. (Nasdaq: SOHU), Check Point Software Technologies Ltd. (Nasdaq: CHKP), Cheesecake Factory Inc. (Nasdaq: CAKE), and Xerox Corp. (XRX). Stocks to Watch: MSFT, AAPL, FB, THS Stocks to Watch No.1, MSFT: Shares of Microsoft Corp. (Nasdaq: MSFT) surged more than 10%, reaching a 15-year high after the firm reported stronger than expected revenues. This was the ninth straight quarter the firm beat consensus expectations. Here's a recap of the company's stellar earnings report yesterday. Stocks to Watch No.2, AAPL: Shares of Apple Inc. (Nasdaq: AAPL) gained more than 3% as tech stocks surged. Investors are very excited about Tuesday's earnings report from the maker of the iPhone. Here is a breakdown of everything you need to know about the Q4 Apple earnings report. Stocks to Watch No.3, FB: Mark Zuckerberg did it. Shares of Facebook Inc. (Nasdaq: FB) surged past $100 today and hit an all-time intraday high of $102.85. Investors anticipate Facebook will beat Wall Street earnings estimates when the company reports on Tuesday, Nov. 4. Here's a primer on why Facebook stock continues to soar and what to expect when Facebook earnings are released early next week. Stocks to Watch No.4, THS: Shares of TreeHouse Foods Inc. (THS) gained 4.6% on news the company may purchase the Ralcorp snack-making unit of food manufacturer ConAgra Foods Inc. (NYSE: CAG) for roughly $2.7 billion. What Investors Must Know This Week The Fastest Way to Profit from a $709 Billion Industry Shift Five Tech Stocks That Soared While the Markets Tanked Here's Where the Next Oil Sector Profits Will Be Made Follow us on Twitter@moneymorning. To get full access to all Money Morning content including our latest Premium Report, ""How to Make 2015 Your Wealthiest Year Ever,"" click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience - for free . Our experts - who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV - deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-10-26,16.5872,16.6586,16.0948,16.1974,"Pepco Holdings Lags Q3 Earnings, Exelon Merger on Course Pepco Holdings Inc . POM reported third-quarter 2015 earnings from continuing operations of 33 cents per share, missing the Zacks Consensus Estimate of 47 cents by 29.8%. Earnings declined 28.3% year over year. The decline in earnings was due to higher operation and maintenance expenses, lower unbilled revenue associated with Atlantic City Electric basic generation service, lower network transmission revenue, higher utility property taxes and lower Pepco Energy Services tax benefits compared to the prior-year quarter. Pepco Holdings Inc. - Earnings Surprise | FindTheBest GAAP earnings per share were 36 cents, 16.1% higher than year-ago results. The difference between GAAP and operating earnings during the reported quarter was due to merger related costs and the change in fair value of derivative related to preferred stock. Behind the Headlines Total revenues in the third quarter were $1.36 billion, up 3.7% year over year, driven by nearly a 6% rise in revenues at Power Delivery. Total regulated transmission & distribution electric sales, at Power Delivery, increased 3.7% to 13,249 gigawatt hours (GWh). At the end of third-quarter 2015, the company served 30,000 more electric customers and 3,000 more gas customers compared with the prior-year period. Total operating expenses in the reported quarter increased 2.8% from the year-ago period. Higher fuel and purchased energy led to the rise in total expenses. Financial Update Cash and cash equivalents, including restricted cash, were $289 million as of Sep 30, 2015, up from $39 million as of Dec 31, 2014. Long-term debts as of Sep 30, 2015, were $4.84 billion, up 9.1% from $4.44 billion as of Dec 31, 2014. Exelon Merger The merger deal with Exelon Corporation EXC had hit a road block in Aug 2015, when a panel of regulators from the D.C. Public Service Commission denied Exelon's proposed $6.4 billion takeover of Pepco Holdings. The commission unanimously rejected the proposal, saying that it found no evidence the merger would increase the quality of service. The commission also expressed concerns over the place Pepco would hold in the new company, as the planned executive committee did not include members from Pepco. However, the uncertainly hovering over the Exelon Corporation and Pepco Holdings merger was finally dispelled. On Oct 6, both the companies reached an agreement with the Government of the District of Columbia and other parties on their proposed merger. Other Company Releases DTE Energy Company DTE reported third-quarter 2015 operating earnings per share of $1.40, surpassing the Zacks Consensus Estimate of $1.22 by 14.8% American Electric Power Co., Inc. AEP reported third-quarter 2015 operating earnings of $1.06 per share, beating the Zacks Consensus Estimate of $1.00 by 6%. Zacks Rank Pepco Holdings currently has a Zacks Rank #5 (Strong Sell). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PEPCO HLDGS (POM): Free Stock Analysis Report AMER ELEC PWR (AEP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-10-27,16.126,16.171,15.7704,15.8554,"Will NextEra Energy's (NEE) Earnings Lag Estimates in Q3? NextEra EnergyNEE will release third-quarter 2015 financial results before the market bell on Oct 28, 2015. The company reported a positive earnings surprise of 4% in the previous quarter. Let's see how things are shaping up at NextEra Energy prior to this announcement. Factors to Consider The decline in the unemployment rate in NextEra Energy's service territories has consistently outpaced the national average over the last three years. This is the primary reason behind the rise in the customer count along with an improving energy sales volume. The economic tailwind is expected to work for the company in the third quarter as well. In addition, the warmer-than-expected temperature during the third quarter will have a positive impact on utility demand. NextEra Energy continues to invest in renewable and clean power generation sources - this is definitely a big plus for a utility in a climate of broad-based policy support for renewables, be it wind or solar. NextEra Energy's regulated entity, Florida Power & Light Company, depends on the Florida Public Service Commission for timely rate relief and cost recovery approvals. Any denial of such applications could materially affect the company's operational results. Earnings Whispers? Our proven model does not conclusively show that NextEra Energy is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here. Zacks ESP : NextEra Energy has an Earnings ESP of -1.82%. This is because the Most Accurate estimate is pegged at $1.62 while the Zacks Consensus Estimate stands at $1.65. Zacks Rank : Though NextEra Energy's Zacks Rank #2 increases the predictive power, its -1.82% ESP makes a surprise call unlikely. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a few operators in the electric utility space worth considering on the basis of our model, which shows that they have the right combination of elements to post an earnings beat this quarter. Ameren Corporation AEE has an earnings ESP of +1.53% and carries a Zacks Rank #2. Exelon Corporation EXC has an earnings ESP of +1.41% and carries a Zacks Rank #2. WEC Energy Group, Inc. WEC has an earnings ESP of +3.39% and carries a Zacks Rank #2. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMEREN CORP (AEE): Free Stock Analysis Report WEC ENERGY GRP (WEC): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-10-28,15.9044,16.087,15.661,15.8613,"[""Southern Company Q3 Earnings Top, Revenues Miss Electric utility firm Southern CompanySO reported third-quarter 2015 earnings per share (excluding certain one-time items) of $1.17, ahead of the Zacks Consensus Estimate of $1.16 and the year-ago adjusted profit of $1.09 share. The strong numbers could be attributed to higher residential and commercial sales. The Southern Company (SO) - Earnings Surprise | FindTheCompany The Atlanta-based power supplier's quarterly revenue - at $5,401 million - came 1.2% higher than the third quarter 2014 level of $5,339 million. However, it failed to surpass the Zacks Consensus Estimate of $5,665 million amid a dip in industrial and wholesale sales. Overall Sales Breakup A warmer summer favored Southern Company's retail electricity demand. However, this was offset by a 6.3% decline in wholesale sales. As a result, total electricity sales during the third quarter remained essentially flat with the same period last year. Southern Company's total retail sales rose 1.3%. This reflects higher residential and commercial sales that increased 2.7% and 1.9% year over year, respectively. However, demand from industrial customers fell 0.6%. Expenses Summary Southern Company's operations and maintenance cost increased 7.4% to $1,097 million, though the company's total operating expense for the period - at $3,752 million - was approximately 7.6% lower than the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. EXC and Duke Energy Corp. DUK - currently retains a Zacks Rank #2 (Buy). Apart from Southern Company, one can also look at NextEra Energy Inc. NEE as a good buying opportunity. This electric utility stock - sporting a Zacks Rank #1 (Strong Buy) - offers tremendous value and is worth buying now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CMS Energy (CMS) Likely to Beat Q3 Earnings Estimates CMS Energy CorporationCMS will release its third-quarter 2015 financial results on Oct 29, 2015. In the previous quarter, the utility provider reported a negative earnings surprise of 24.24%. Let's see how things are turning out for the quarter. Why a Likely Positive Surprise? Our proven model shows that CMS Energy is likely to beat earnings this season because it has the right combination of two key ingredients. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) to beat estimates. Zacks ESP: The Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, stands at +2.04%. This is because the Most Accurate estimate is 50 cents while the Zacks Consensus Estimate is pegged lower at 49 cents. This is a meaningful indicator of a likely positive earnings surprise. Zacks Rank: CMS Energy currently carries a Zacks Rank #2. The company's Zacks Rank #2 and positive ESP make us reasonably confident of an earnings beat. Conversely, Sell-rated stocks (#4 and 5) should never be considered going into an earnings announcement, especially when the company is witnessing negative estimate revisions. What's Driving the Better-than-Expected Earnings? CMS Energy's regulated electric power operations in Michigan generate a relatively stable and growing earnings stream. It is currently focused on several issues such as capacity maximization, reliability improvement, clean power generation and infrastructure upgrade. The company plans to spend $15.5 billion between 2015 and 2024, majority of which will be directed toward infrastructure development projects. These initiatives will enable the company to provide reliable services to its customers and achieve its long-term EPS growth target of 5-7%. In addition, warmer-than-expected temperatures during the third quarter should have a positive impact on utility demand. During the third quarter, the company carried out some environment-friendly moves as well, which is definitely a boost for a utility in a climate of broad-based policy support for renewables, be it wind or solar. We note that coal accounts for about 33% of CMS Energy's total generation mix at present. Last month, the company entered into an agreement with Geronimo Energy to purchase the electricity produced by the Apple Blossom Wind Farm, a 100-megawatt (\""MW\"") wind development project located in Huron County, MI. The company is also planning to work on developing renewable energy in Michigan by launching Solar Gardens, a community solar program. Customers will be able to participate in the program, which is the first of its kind. Other Stocks That Warrant a Look Here are some other stocks in the utility sector you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this season: SCANA Corp. SCG has an earnings ESP of +2.08% and a Zacks Rank #2. It will report quarterly results on Oct 29, 2015. Exelon Corp. EXC has an earnings ESP of +1.14% and a Zacks Rank #2. It will report quarterly results on Oct 30, 2015. Ameren Corp. AEE has an earnings ESP of +1.53% and a Zacks Rank #2. It will report quarterly results on Nov 6, 2015. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CMS ENERGY (CMS): Free Stock Analysis Report AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SCANA CORP (SCG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-10-29,15.8026,15.9044,15.4978,15.875,"[""Multiply Your Returns: 5 Large-Cap Stocks Set to Top Earnings Earnings releases create quite a stir in the investment space. While companies strive to gain investors confidence through various initiatives, what ultimately counts is the company's earnings performance compared to market expectations. Even the market pundits are of the view that a company's earnings performance is the most important factor influencing its stock price. With the third-quarter earnings season taking center stage, the picture gradually emerging is one of widespread weakness, with non-existent growth, and peculiarly less number of companies beating even the lowered revenue estimates. Headwinds Galore Weakness in the Energy sector, a strong U.S. dollar and lackluster global growth -- particularly in China and other emerging markets -- has been clouding the earnings picture in the last few trailing quarters and these headwinds continue to impact third-quarter results as well. As of Oct 28, 253 S&P 500 members have reported results while 247 are yet to post their numbers. Notably, the overall depiction for the quarter is hinting at a decline of 2.7% on a 3.9% decrease in revenues, year over year. Further, a dull outlook for the current period has prompted a steep slide in fourth-quarter estimates. Overall, earnings for the S&P 500 index are expected to be down 6.6% year over year in the fourth quarter of 2015, reflecting a wider decline from 4.7% that was forecasted around two weeks back. (Read more: Taking Stock of the Q3 Earnings Season ) Maximize Profits We are in the thick of the third-quarter earnings season and investors should rightfully focus on tweaking their portfolios to capitalize on the market predictions instead of fretting over the issues plaguing this earnings season. Moreover, with the uncertainties brewing large in the global markets, investors would do better off by turning to large-cap companies which offer greater stability and lower risk than small-cap and mid-cap stocks. How to Screen the Outperformers? With a wide range of stocks thronging the investment space, it is by no means an easy task for investors to arrive at stocks that have the potential to rise above all odds and come out with flying colors this earnings season. While it is impossible to be sure about such outperformers, our proprietary methodology - Earnings ESP - makes it relatively simple. It aids in identifying stocks that have high chances of posting positive surprises in the next earnings announcement. It also shows the percentage difference between the Most Accurate estimate and the Zacks Consensus Estimate. 5 Large-Cap Stocks to Bet On With the help of the Zacks Stock Screener , we have zeroed-in on five stocks that sport a Zacks Rank #1 (Strong Buy) or 2 (Buy), market cap of over $10 billion and Earnings ESP of over 1%. Below are the five stocks that have a high chance of beating market expectations with their quarterly releases: Based in Birmingham, AL, Vulcan Materials CompanyVMC is engaged in the production, distribution and sale of construction aggregates and other construction materials in the U.S. and Mexico. With the weather getting back to normal, the company expects accelerating pricing and demand momentum to result in improved profits through the rest of the year. Vulcan Materials has a Zacks Rank #1, a market cap of $12.6 billion and an Earnings ESP of 3.16%. Moreover, the company's earnings have surpassed the Zacks Consensus Estimate in three of the last four quarters, with an average beat of 7.75%. Vulcan Materials is slated to report its third-quarter 2015 financial numbers on Nov 3, before the opening bell. Exelon CorporationEXC is a utility services holding company engaged in energy generation and delivery businesses in the U.S. The warmer-than-expected temperature conditions in the third quarter will likely have a positive impact on utility demand. With no unplanned outages of Exelon's well-maintained nuclear fleet in the quarter, the higher volume of electricity produced will drive the company's performance. Exelon has a Zacks Rank #2, market cap of $24.6 billion and Earnings ESP of 1.41%. To top it all, the company outpaced the Zacks Consensus Estimate in three of the trailing four quarters, with an average beat of 6.02%. Exelon is slated to release its third-quarter 2015 results before the opening bell on Oct 30. Headquartered in Woonsocket, RI, CVS Health CorporationCVS is a pharmacy innovation company. CVS Health is gaining considerably from the strong 2015 PBM selling season reflecting high levels of service and execution, competitive pricing along with unique integrated model that allows the company to provide differentiated products and services that generate savings, better health outcomes and convenience. CVS Health boasts a Zacks Rank #2, a market cap of nearly $116 billion and an Earnings ESP of 1.55%. Adding to the positives, the company's earnings beat the Zacks Consensus Estimate in three of the last four quarters, with the average being 2.03%. CVS Health is scheduled to announce third-quarter 2015 results before the opening bell on Oct 30. Based in Monroe, LA, CenturyLink, Inc.CTL is a telecommunications company that provides broadband, voice and wireless services to consumers and businesses in the U.S. Notably, strength in products such as high-speed Internet, high bandwidth data services, Prism TV, and managed hosting and cloud services remain key growth drivers for the company. In addition, a realigned business structure is likely to reap beneficial results over the long term. CenturyLink has a Zacks Rank #2, a market cap of nearly $16 billion and its current Earnings ESP is pegged at 1.45%. Moreover, the company outpaced the Zacks Consensus Estimate in two of the trailing four quarters, with an average beat of 0.14%. CenturyLink is scheduled to report its third-quarter 2015 results on Nov 4, after market close. Ameren CorporationAEE operates as a public utility holding company in the U.S. The company is benefiting from higher transmission and delivery infrastructure investments that are expected to yield better results for the remainder of 2015. Also, systematic investments in growth projects, electric transmission and infrastructure upgrades will help improve its service reliability and also generate higher profits. Ameren carries a Zacks Rank #2, market cap of nearly $11 billion and Earnings ESP of 1.53%. Notably, the company posted positive earnings surprises in two of the prior four quarters, with an average beat of 13.28%. Ameren is slated to release third-quarter 2015 earnings on Nov 6, before the opening bell. Aim Large \"" High Returns with Low Risk is the key \"" to investing. Keeping in mind the current economic fundamentals, large-cap stocks can turn out to be great and arguably safe investment opportunities that can help brave the chaotic conditions and maximize returns by hedging risks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report CENTURYLINK INC (CTL): Free Stock Analysis Report VULCAN MATLS CO (VMC): Free Stock Analysis Report CVS HEALTH CORP (CVS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Should You Buy Exelon Corporation (EXC) Ahead of Earnings? Investors are always looking for stocks that are poised to beat at earnings season and Exelon CorporationEXC may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Exelon Corporation is seeing favourable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings-with the most up-to-date information possible-is a pretty good indicator of some favourable trends underneath the surface for EXC in this report. In fact, the Most Accurate Estimate for the current quarter is currently at 72 cents per share for EXC, compared to a broader Zacks Consensus Estimate of 71 cents per share. This suggests that analysts have very recently bumped up their estimates for EXC, giving the stock a Zacks Earnings ESP of 1.41% heading into earnings season. Why is this Important? A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10 year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here ). Given that EXC has a Zacks Rank #2 (Buy) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. Clearly, recent earnings estimate revisions suggest that good things are ahead for Exelon Corporation, and that a beat might be in the cards for the upcoming report. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for October 30, 2015 : XOM, CVX, CVS, ABBV, CL, PSX, IMO, AON, ETN, EXC, HCN, MYL The following companies are expected to report earnings prior to market open on 10/30/2015. Visit our Earnings Calendar for a full list of expected earnings releases. Exxon Mobil Corporation ( XOM ) is reporting for the quarter ending September 30, 2015. The oil company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.89. This value represents a 52.91% decrease compared to the same quarter last year. XOM missed the consensus earnings per share in the 2nd calendar quarter of 2015 by -9.91%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for XOM is 20.88 vs. an industry ratio of 14.20, implying that they will have a higher earnings growth than their competitors in the same industry. Chevron Corporation ( CVX ) is reporting for the quarter ending September 30, 2015. The oil company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.79. This value represents a 73.22% decrease compared to the same quarter last year. CVX missed the consensus earnings per share in the 2nd calendar quarter of 2015 by -73.45%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for CVX is 28.24 vs. an industry ratio of 14.20, implying that they will have a higher earnings growth than their competitors in the same industry. CVS Health Corporation ( CVS ) is reporting for the quarter ending September 30, 2015. The drug store company's consensus earnings per share forecast from the 21 analysts that follow the stock is $1.29. This value represents a 12.17% increase compared to the same quarter last year. In the past year CVS has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2015 Price to Earnings ratio for CVS is 20.12 vs. an industry ratio of 22.20. AbbVie Inc. ( ABBV ) is reporting for the quarter ending September 30, 2015. The large cap pharmaceutical company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.07. This value represents a 20.22% increase compared to the same quarter last year. In the past year ABBV has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 1.89%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for ABBV is 12.53 vs. an industry ratio of 4.90, implying that they will have a higher earnings growth than their competitors in the same industry. Colgate-Palmolive Company ( CL ) is reporting for the quarter ending September 30, 2015. The cleaning company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.72. This value represents a 5.26% decrease compared to the same quarter last year. CL missed the consensus earnings per share in the 2nd calendar quarter of 2015 by -1.41%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for CL is 24.32 vs. an industry ratio of 20.40, implying that they will have a higher earnings growth than their competitors in the same industry. Phillips 66 ( PSX ) is reporting for the quarter ending September 30, 2015. The oil refining company's consensus earnings per share forecast from the 8 analysts that follow the stock is $2.27. This value represents a 12.38% increase compared to the same quarter last year. In the past year PSX has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 1.1%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for PSX is 12.63 vs. an industry ratio of 9.90, implying that they will have a higher earnings growth than their competitors in the same industry. Imperial Oil Limited ( IMO ) is reporting for the quarter ending September 30, 2015. The consensus earnings per share forecast from the 2 analysts that follow the stock is $0.44. IMO reported earnings of $0.98 per share for the same quarter a year ago; representing a a decrease of -55.10%. The \""days to cover\"" for this stock exceeds 28 days. Aon plc ( AON ) is reporting for the quarter ending September 30, 2015. The insurance brokers company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.23. This value represents a 4.65% decrease compared to the same quarter last year. In the past year AON has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 1.55%. Eaton Corporation, PLC ( ETN ) is reporting for the quarter ending September 30, 2015. The machinery company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.97. This value represents a 24.81% decrease compared to the same quarter last year. In the past year ETN has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 1.75%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for ETN is 12.55 vs. an industry ratio of 9.90, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation ( EXC ) is reporting for the quarter ending September 30, 2015. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.71. This value represents a 8.97% decrease compared to the same quarter last year. EXC missed the consensus earnings per share in the 4th calendar quarter of 2014 by -5.88%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for EXC is 11.56 vs. an industry ratio of 10.90, implying that they will have a higher earnings growth than their competitors in the same industry. Welltower Inc. ( HCN ) is reporting for the quarter ending September 30, 2015. The reit company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.10. This value represents a 5.77% increase compared to the same quarter last year. In the past year HCN has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2015 Price to Earnings ratio for HCN is 15.40 vs. an industry ratio of 13.00, implying that they will have a higher earnings growth than their competitors in the same industry. Mylan N.V. ( MYL ) is reporting for the quarter ending September 30, 2015. The medical company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.37. This value represents a 18.10% increase compared to the same quarter last year. In the past year MYL has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2015 Price to Earnings ratio for MYL is 10.71 vs. an industry ratio of 5.60, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""PPL Corp. Beats Q3 Earnings Estimates, Misses on Revenues PPL Corporation PPL reported third-quarter 2015 adjusted earnings of 51 cents per share, surpassing the Zacks Consensus Estimate of 48 cents by 6.25%. PPL Corporation - Earnings Surprise | FindTheBest On a GAAP basis, the company reported earnings per share of 58 cents in the quarter compared with 74 cents a year ago. The variance between GAAP and adjusted earnings was due to a 3 cent gain from foreign currency related hedges and a one cent loss from discontinued operations. Total Revenue PPL Corp.'s total revenues of $1,878 million missed the Zacks Consensus Estimate of $3,108 million by 39.6%. Revenues remained flat on a year-over-year basis. Segment Results UK Regulated Segment: Adjusted earnings increased by 1 cent on a year-over-year basis to 29 cents per share. The increase was attributable to lower depreciation expense and income taxes, partially offset by lower utility revenues, primarily driven by an announced price decrease on Apr 1, 2015, associated with the beginning of a new eight-year price control period. Kentucky Regulated Segment: Adjusted earnings increased by 4 cents to 16 cents per share owing to returns on additional environmental capital investments and higher base electricity rates, which were offset by higher operation and maintenance expense associated with the retirement of coal-fired generation at the segment's Cane Run facility. Pennsylvania Regulated Segment: Adjusted earnings remained flat at 8 cents per share on a year-over-year basis. Corporate and Other: Adjusted loss narrowed to 2 cents per share from a loss of 4 cents in the year-ago quarter due to the benefits of corporate restructuring. Operational Highlights PPL Corp.'s total operating expenses increased year over year to $1,192 million. The company reported an operating income of $686 million, down from $688 million a year ago. Interest expenses rose 3.75% to $221 million from $213 million a year ago. Financial Position As of Sep 30, 2015, PPL Corp. had cash and cash equivalents of $981 million compared with $1,399 million as of Dec 31, 2014. Long-term debt (excluding debts due within one year) was $17,745 million as of Sep 30, 2015 compared with $17,173 million at the end of 2014. In the first nine months of 2015, net cash flow from operating activities (continuing operations) was $1,198 million compared with $1,029 million in the prior-year period. Guidance PPL Corp. reaffirmed its 2015 adjusted earnings guidance in the range of $2.15 to $2.25 per share with the midpoint pegged at $2.20. The 2015 guidance for GAAP earnings was reaffirmed in the range of 80 cents to 90 cents per share, reflecting special items recorded through the third quarter. The midpoint of the adjusted earnings guidance for UK Regulated, Kentucky Regulated and Pennsylvania Regulated are pegged at $1.43, 51 cents and 37 cents, respectively, for the year. The company expects annual earnings growth of 6% through at least 2017. Upcoming Peer Releases Exelon Corporation EXC is slated to release third-quarter results on Oct 30, 2015. The Zacks Consensus Estimate is 71 cents. Eversource Energy ES is slated to release third-quarter results on Nov 3, 2015. The Zacks Consensus Estimate is 75 cents. Alliant Energy Corporation LNT is slated to release third-quarter results on Nov 5, 2015. The Zacks Consensus Estimate is $1.58. Zacks Rank PPL Corp. currently has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report EVERSOURCE EGY (ES): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-10-30,15.9228,16.1602,15.3874,15.5037,"[""The Zacks Analyst Blog Highlights: Vulcan Materials, Exelon, CVS Health, CenturyLink and Ameren For Immediate Release Chicago, IL - October 30, 2015 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Vulcan Materials Company ( VMC ), Exelon Corporation ( EXC ), CVS Health Corporation ( CVS ), CenturyLink, Inc. ( CTL ) and Ameren Corporation ( AEE ). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free . Here are highlights from Thursday's Analyst Blog: Multiply Your Returns: 5 Large-Cap Stocks Set to Beat Earnings Earnings releases create quite a stir in the investment space. While companies strive to gain investors confidence through various initiatives, what ultimately counts is the company's earnings performance compared to market expectations. Even the market pundits are of the view that a company's earnings performance is the most important factor influencing its stock price. With the third-quarter earnings season taking center stage, the picture gradually emerging is one of widespread weakness, with non-existent growth, and peculiarly less number of companies beating even the lowered revenue estimates. Headwinds Galore Weakness in the Energy sector, a strong U.S. dollar and lackluster global growth -- particularly in China and other emerging markets -- has been clouding the earnings picture in the last few trailing quarters and these headwinds continue to impact third-quarter results as well. As of Oct 28, 253 S&P 500 members have reported results while 247 are yet to post their numbers. Notably, the overall depiction for the quarter is hinting at a decline of 2.7% on a 3.9% decrease in revenues, year over year. Further, a dull outlook for the current period has prompted a steep slide in fourth-quarter estimates. Overall, earnings for the S&P 500 index are expected to be down 6.6% year over year in the fourth quarter of 2015, reflecting a wider decline from 4.7% that was forecasted around two weeks back. (Read more: Taking Stock of the Q3 Earnings Season ) Maximize Profits We are in the thick of the third-quarter earnings season and investors should rightfully focus on tweaking their portfolios to capitalize on the market predictions instead of fretting over the issues plaguing this earnings season. Moreover, with the uncertainties brewing large in the global markets, investors would do better off by turning to large-cap companies which offer greater stability and lower risk than small-cap and mid-cap stocks. How to Screen the Outperformers? With a wide range of stocks thronging the investment space, it is by no means an easy task for investors to arrive at stocks that have the potential to rise above all odds and come out with flying colors this earnings season. While it is impossible to be sure about such outperformers, our proprietary methodology - Earnings ESP - makes it relatively simple. It aids in identifying stocks that have high chances of posting positive surprises in the next earnings announcement. It also shows the percentage difference between the Most Accurate estimate and the Zacks Consensus Estimate. 5 Large-Cap Stocks to Bet On With the help of the Zacks Stock Screener , we have zeroed-in on five stocks that sport a Zacks Rank #1 (Strong Buy) or 2 (Buy), market cap of over $10 billion and Earnings ESP of over 1%. Below are the five stocks that have a high chance of beating market expectations with their quarterly releases: Based in Birmingham, AL, Vulcan Materials Company ( VMC ) is engaged in the production, distribution and sale of construction aggregates and other construction materials in the U.S. and Mexico. With the weather getting back to normal, the company expects accelerating pricing and demand momentum to result in improved profits through the rest of the year. Vulcan Materials has a Zacks Rank #1, a market cap of $12.6 billion and an Earnings ESP of 3.16%. Moreover, the company's earnings have surpassed the Zacks Consensus Estimate in three of the last four quarters, with an average beat of 7.75%. Vulcan Materials is slated to report its third-quarter 2015 financial numbers on Nov 3, before the opening bell. Exelon Corporation ( EXC ) is a utility services holding company engaged in energy generation and delivery businesses in the U.S. The warmer-than-expected temperature conditions in the third quarter will likely have a positive impact on utility demand. With no unplanned outages of Exelon's well-maintained nuclear fleet in the quarter, the higher volume of electricity produced will drive the company's performance. Exelon has a Zacks Rank #2, market cap of $24.6 billion and Earnings ESP of 1.41%. To top it all, the company outpaced the Zacks Consensus Estimate in three of the trailing four quarters, with an average beat of 6.02%. Exelon is slated to release its third-quarter 2015 results before the opening bell on Oct 30. Headquartered in Woonsocket, RI, CVS Health Corporation ( CVS ) is a pharmacy innovation company. CVS Health is gaining considerably from the strong 2015 PBM selling season reflecting high levels of service and execution, competitive pricing along with unique integrated model that allows the company to provide differentiated products and services that generate savings, better health outcomes and convenience. CVS Health boasts a Zacks Rank #2, a market cap of nearly $116 billion and an Earnings ESP of 1.55%. Adding to the positives, the company's earnings beat the Zacks Consensus Estimate in three of the last four quarters, with the average being 2.03%. CVS Health is scheduled to announce third-quarter 2015 results before the opening bell on Oct 30. Based in Monroe, LA, CenturyLink, Inc. ( CTL ) is a telecommunications company that provides broadband, voice and wireless services to consumers and businesses in the U.S. Notably, strength in products such as high-speed Internet, high bandwidth data services, Prism TV, and managed hosting and cloud services remain key growth drivers for the company. In addition, a realigned business structure is likely to reap beneficial results over the long term. CenturyLink has a Zacks Rank #2, a market cap of nearly $16 billion and its current Earnings ESP is pegged at 1.45%. Moreover, the company outpaced the Zacks Consensus Estimate in two of the trailing four quarters, with an average beat of 0.14%. CenturyLink is scheduled to report its third-quarter 2015 results on Nov 4, after market close. Ameren Corporation ( AEE ) operates as a public utility holding company in the U.S. The company is benefiting from higher transmission and delivery infrastructure investments that are expected to yield better results for the remainder of 2015. Also, systematic investments in growth projects, electric transmission and infrastructure upgrades will help improve its service reliability and also generate higher profits. Ameren carries a Zacks Rank #2, market cap of nearly $11 billion and Earnings ESP of 1.53%. Notably, the company posted positive earnings surprises in two of the prior four quarters, with an average beat of 13.28%. Ameren is slated to release third-quarter 2015 earnings on Nov 6, before the opening bell. Aim Large \"" High Returns with Low Risk is the key \"" to investing. Keeping in mind the current economic fundamentals, large-cap stocks can turn out to be great and arguably safe investment opportunities that can help brave the chaotic conditions and maximize returns by hedging risks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks \""Profit from the Pros\"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today . Find out What is happening in the stock market today on zacks.com. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report VULCAN MATLS CO (VMC): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report CVS HEALTH CORP (CVS): Free Stock Analysis Report CENTURYLINK INC (CTL): Free Stock Analysis Report AMEREN CORP (AEE): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Beats Q3 Earnings and Revenue Estimates Exelon Corporation EXC , a competitive energy provider, delivers electricity and natural gas to customers in central Maryland, northern Illinois and southeastern Pennsylvania through its subsidiaries. The Chicago, IL-based firm operates in 48 states and the District of Columbia of the U.S., and Canada. Exelon's stable financial position, addition of renewable and natural gas based power generating units to its portfolio, systematic divestment of non-core assets and the proposed merger with Pepco Holdings, Inc. (POM) are expected to boost its future performance. However, stringent environmental regulations and volatile commodity pricing remain our major concerns. Estimate Trend & Surprise History Investors should note that the third quarter Zacks Consensus Estimate for earnings of 71 cents per share has increased by 1 cent over the last 90 days. Coming to the earnings surprise, Exelon has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in a positive average surprise of 6.02%. Zacks Rank : Currently, Exelon has a Zacks Rank#2 (Buy) but that could change following its third quarter 2015 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earnings : Exelon beat on earnings. Adjusted earnings per share came in at 83 cents, beating the Zacks Consensus Estimate of 71 cents by nearly 17%. Revenue: Revenues of $7,412 million surpassed the Zacks Consensus Estimate of $7,131 million by 3.9% and also increased from the year-ago level by 11.2%. Key Stats : In the third quarter, Exelon's total operating expenses and operating income were $6,058 million and $1,356 million, respectively. Check back for our full write up on this EXC earnings report later! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-11-02,15.5311,15.787,15.5311,15.7519,"Should You Invest in This Divided Stock Merger? At the time of the proposal, Exelon President and CEO Chris Cane noted that the two utilities ""have a compelling strategic rationale for merging, given our geographic proximity and similar utility business models ."" For Exelon, the addition would increase its regulated holdings, an important balance to strike as power prices recover. With federal regulators on board and some of the staunchest critics starting to warm to the idea (Washington D.C. will likely give the thumbs up now that the companies have agreed to locate their headquarters in our nation's capital), it seems as if the merger will make it. The decision likely won't be made until early 2016, but investors need to know now whether this merger will make a dividend stock worthy of their portfolios. Dividend Details Over the last three years, Exelon stock and Pepco stock have both underperformed the S&P 500 (SNPINDEX: ^GSPC), by 13 percentage points and 63 percentage points, respectively. EXC data by YCharts In that same period, Exelon cut its dividend by 40 % and Pepco kept its own steady as their dividend yields grew and shrunk in inverse relation to each company's stock. Today, Exelon Corporation's dividend yield (TTM) sits at 4.15%, while Pepco Holdings,'s clocks in just below at 4.1%. With the average electric utility dividend yield currently sitting at 3.5 %, a merger of these two stocks seems simply superb. EXC Dividend Yield (TTM) data by YCharts But every investment opportunity is relative. Duke Energy Corporation (NYSE: DUK), presently America's largest utility by customers, sports a 4.5 % dividend yield and has increased its payout three times over the past three years for a steady overall 8% increase . To dive a bit deeper into which dividend might be worth it, let's take a look at payout ratios and debt. Source: etrade.com Payout ratios tell us what percentage of a company earnings goes straight to dividends, giving investors an idea of whether a stock may be overambitious or over-conservative with its distributions. Currently, Duke is using up nearly all its earnings to distribute dividends. Exelon Corporation, with its competitive arm, is more conservative with its distributions, saving over 40% of its earnings for other purposes. And Pepco Holdings has overextended itself, creating ample opportunity to smooth out its ratio with Exelon's extra wiggle room. Debt is an important part of every utilities' portfolio, and their debt-to-assets ratio shows us how aggressive each stock is with its debt. For these three stocks, there isn't too much difference. However, just as with payout ratios, Duke has taken on more debt than Exelon, and Pepco Holdings is the most aggressive of them all. Source: etrade.com Is this merger worth it? Exelon Corporation and Pepco Holdings are the yin and yang to Duke Corporation's zen middle-ground. The proposed merger would even out the two companies' payout ratios, debt-to-asset ratios, and make them the biggest utility around. But despite the claims of cut costs and improved efficiency, mergers can be a major headache for investors. Utilities' business models rely on scale, but the relative attractiveness of Duke's current yield and current ratios makes it tough to pass up this comparable dividend stock. Whatever the choice, dividend stock investors should practice due diligence before jumping into a merger opportunity. Only by digging deeper into dividend fundamentals and comparing the competition can an investing thesis truly divulge dividend dynamite. The next billion-dollar iSecret The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . The article Should You Invest in This Divided Stock Merger? originally appeared on Fool.com. Justin Loiseau has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-11-03,15.7489,15.8691,15.6033,15.831,
EXC,2015-11-04,15.8369,16.1602,15.8026,16.1602,
EXC,2015-11-05,16.1759,16.2199,15.9277,15.9581,"TECO Energy Earnings Match Estimates, Revenues Up Y/Y Energy utility company TECO EnergyTE announced third-quarter 2015 operating earnings of 33 cents per share, on par with the Zacks Consensus Estimate. Earnings in the quarter were a penny higher than the prior year. Teco Energy Inc. - Earnings Surprise | FindTheBest GAAP earnings in the reported quarter were 23 cents compared with 4 cents in the year-ago quarter. The difference between GAAP and operating earnings was due to acquisition related costs and losses from discontinued operations. Operating Revenue Total operating revenues in the third quarter were $693.8 million, up 1% from $687.2 million in the year-ago period. However, the top line lagged the Zacks Consensus Estimate by 8.5%. Segment Results Tampa Electric 's net income for the third-quarter 2015 was $82.1 million, up 3% from $79.7 million in the third-quarter 2014. Average number of customers increased 1.8% year over year to 720,075. Peoples Gas reported net income of $6.2 million for the quarter, compared with $4.8 million in the comparable period in 2014. Average number of customers grew 2% to 361,045 in the quarter. New Mexico Gas Co . incurred a loss of $2.8 million in the third quarter of 2015. Highlights of the Release During the third quarter, the company closed the sale of its coal mining subsidiary, TECO Coal LLC, to Cambrian Coal Corporation, a Booth Energy company. The company was able to increase its customer base at its three utilities helping in top-line growth. Total expenses were $547.2 million, up 1% from the year-ago level of $541.5 million. Interest expenses in the reported quarter were $48.4 million, increasing 9% from $44.4 million in the year-ago quarter. Financial Update TECO Energy had $55.4 million of cash and cash equivalents as of Sep 30, 2015, compared with $25.4 million at the end of 2014. Long-term debt as of Sep 30, 2015, was $3,517.7 million, up from $3,354 million as of Dec 31, 2014. Net cash from operating activities for the first nine months of 2015 was $479.4 million compared with $506 million for the same period a year ago. Guidance TECO Energy reiterated its earnings per share guidance for 2015 in the range of $1.08 to $1.11. The forecast assumes normal weather through the rest of 2015. The company expects its 2016 performance to be driven by customer growth trends at all three utilities at or above the trends seen in 2015. Other Peer Releases Exelon Corporation EXC reported third-quarter 2015 adjusted operating earnings of 83 cents per share, surpassing the Zacks Consensus Estimate by 17%. CMS Energy Corporation CMS reported third-quarter 2015 adjusted earnings per share of 53 cents, surpassing the Zacks Consensus Estimate of 49 cents by 8.2%. FirstEnergy Corp. FE reported third-quarter 2015 operating earnings of 97 cents per share, outpacing the Zacks Consensus Estimate of 86 cents by 12.8%. Zacks Rank TECO Energy currently has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TECO ENERGY (TE): Free Stock Analysis Report CMS ENERGY (CMS): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-11-06,15.7431,15.8251,15.3992,15.5975,
EXC,2015-11-09,15.661,16.2199,15.6424,15.9981,"[""Exelon Corporation (EXC) Ex-Dividend Date Scheduled for November 10, 2015 Exelon Corporation ( EXC ) will begin trading ex-dividend on November 10, 2015. A cash dividend payment of $0.31 per share is scheduled to be paid on December 10, 2015. Shareholders who purchased EXC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 11th quarter that EXC has paid the same dividend. At the current stock price of $28.09, the dividend yield is 4.41%. The previous trading day's last sale of EXC was $28.09, representing a -27.84% decrease from the 52 week high of $38.93 and a 1.37% increase over the 52 week low of $27.71. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXCU ). EXC's current earnings per share, an indicator of a company's profitability, is $2.25. Zacks Investment Research reports EXC's forecasted earnings growth in 2015 as 4.42%, compared to an industry average of -1.3%. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EXC through an Exchange Traded Fund [ETF]? The following ETF(s) have EXC as a top-10 holding: SPDR Select Sector Fund - Utilities ( XLU ) iShares U.S. Utilities ETF ( IDU ) Vanguard Utilities ETF - DNQ ( VPU ) First Trust Utilities AlphaDEX Fund ( FXU ) Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ). The top-performing ETF of this group is RYU with an decrease of -0.99% over the last 100 days. XLU has the highest percent weighting of EXC at 5.12%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Korea Electric Q3 Net Income Up Y/Y on Overseas Strength South Korean utility major, Korea Electric Power Corporation 's KEP third quarter 2015 net income was KRW 9,276 billion ($8,348.4 million) compared with KRW 1,569 billion in the year-ago quarter. Net income advanced 491.2% year over year. In the first nine months of 2015, net income rose 410% year over year. The company's third quarter 2015 revenues also increased 3.8% year over year. In the first nine months of 2015, revenues rose 4%, mainly buoyed by a 2% year-over-year increase in power sales revenues and a 36.6% surge in overseas business revenues. The company's third quarter operating income surged 51.7%, while the first nine-month figure showed 76.3% growth. On the cost front, in the first nine months of 2015, selling, general & administrative expenses decreased 5.5% year over year to KRW 35.6 trillion. Fuel costs declined 24.3% to KRW 11.74 trillion. However, purchased power cost increased 3.4% to KRW 8.95 trillion. Depreciation expenses rose 5.8% to KRW 5.36 trillion during the period. The company expects to have outstanding debt of KRW5.8 trillion by the end of 2015. On a consolidated basis, the company expects operating profit to slightly go down by the end of this year. Korea Electric Power is an integrated electric utility engaged in the generation, transmission and distribution of electricity in South Korea. The company is a dominant player in Korea's electricity sector. It is well positioned to capitalize on growth opportunities in this market and to benefit from the industry restructuring initiatives of the Korean government. Higher electricity tariff rates, increasing electricity volume sales and an improving overseas business will all add to Korea Electric Power's growth story. However, this would to a large extent be offset by increased price of purchased power and uncertainty surrounding pending regulatory cases. Zacks Rank The company holds a Zacks Rank #1 (Strong Buy). Apart from Korea Electric Power, one can also look at other well-placed utility players like Huaneng Power International, Inc. HNP , CMS Energy Corp. CMS and Exelon Corporation EXC . While Huaneng Power sports a Zacks Rank #1, CMS Energy and Exelon hold a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CMS ENERGY (CMS): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report KOREA ELEC PWR (KEP): Free Stock Analysis Report HUANENG POWER (HNP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Stock: 3 Reasons Why EXC Is a Top Choice for Value Investors Many investors like to look for value in stocks, but this can be very tough to define. There is great debate regarding which metrics are the best to focus on in this regard, and which are not really quality indicators of future performance. Fortunately, with our new style score system we have identified the key statistics to pay close attention to and thus which stocks might be the best for value investors in the near term. This method discovered several great candidates for value-oriented investors, but today let's focus on Exelon CorporationEXC as this stock is looking especially impressive right now. And while there are numerous reasons why this is the case, we have highlighted three of the most vital reasons for EXC's status as a solid value stock below: Price to Forward Sales for Exelon One of the most underrated ratios for value investors is the price/forward sales metric. This ratio shows investors how much they are paying for each dollar of revenues generated. In other words, a lower number is better here while a price to sales ratio of 1 means that you are paying one dollar for each dollar in sales. With a P/S ratio of 0.88, EXC investors are paying 88 cents in stock price for each dollar of revenue generated by the company. Compare this to the industry average of 1.62, and it is safe to say that EXC is undervalued compared to many of its peers on this important metric. Forward PE for Exelon Easily one of the most popular readings for value investors, the forward PE ratio shows us the current price of a stock divided by the full year earnings. Generally speaking, value investors like to see this ratio below 20, though it can vary by industry. Right now, EXC has a forward PE of just 11.52, which means that investors are paying $11.52 for each dollar in expected Exelon earnings this year. Compared to the industry at large this is pretty favorable as the overall space has an average PE of 17.05 in comparison. EXC Earnings Estimate Revisions Moving in the Right Direction The solid value ratios outlined in the preceding paragraphs might be enough for some investors, but we should also note that the earnings estimate revisions have been trending in a positive direction as well. Analysts who follow EXC stock have been raising their estimates for the company lately, meaning that the EPS picture is looking a bit more favorably for Exelon now. Over the past 30 days 4 earnings estimates have gone higher compared to none lower for the full year, while we are also seeing a ratio of 2:1 in terms up:down revisions for the next year time frame too. These revisions have helped to boost the consensus estimate as 30 days ago EXC was expected to post earnings of $2.47 per share for the full year though today it looks to have EPS of $2.50 for the full year. Bottom Line For the reasons detailed above, investors shouldn't be surprised to read that we have EXC as a stock with a Value Score of 'A' and a Zacks Rank #2 (Buy). So if you are a value investor, definitely keep EXC on your short list as this looks be a stock that is very well-positioned for gains in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Duke Energy Corporation (DUK) Ex-Dividend Date Scheduled for November 10, 2015 Duke Energy Corporation ( DUK ) will begin trading ex-dividend on November 10, 2015. A cash dividend payment of $0.825 per share is scheduled to be paid on December 16, 2015. Shareholders who purchased DUK prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.77% increase over the same period a year ago. At the current stock price of $67.76, the dividend yield is 4.87%. The previous trading day's last sale of DUK was $67.76, representing a -24.69% decrease from the 52 week high of $89.97 and a 1.03% increase over the 52 week low of $67.07. DUK is a part of the Public Utilities sector, which includes companies such as Exelon Corporation ( EXCU ) and Exelon Corporation ( EXC ). DUK's current earnings per share, an indicator of a company's profitability, is $3.49. Zacks Investment Research reports DUK's forecasted earnings growth in 2015 as 1.58%, compared to an industry average of -1.3%. For more information on the declaration, record and payment dates, visit the DUK Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DUK through an Exchange Traded Fund [ETF]? The following ETF(s) have DUK as a top-10 holding: SPDR Select Sector Fund - Utilities ( XLU ) iShares U.S. Utilities ETF ( IDU ) Vanguard Utilities ETF - DNQ ( VPU ) iShares Global Utilities ETF ( JXI ) PowerShares DWA Utilities Momentum Portfolio ( PUI ). The top-performing ETF of this group is PUI with an increase of 1.17% over the last 100 days. XLU has the highest percent weighting of DUK at 9.01%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-11-10,16.0274,16.2833,15.9981,16.1339,
EXC,2015-11-11,16.1886,16.2677,16.0996,16.2052,"American Electric Power (AEP) Narrows 2016 Guidance Integrated utility American Electric Power Co., Inc.AEP has narrowed its operating earnings guidance range for 2016 to $3.60-$3.80 per share from the previously stated range of $3.45-$3.85 per share. The company reaffirmed its operating earnings guidance for 2015 in the range of $3.67-$3.77. Further, American Electric Power has reiterated its capital investment plan of $13 billion spanning over 2016 to 2018, with $5 billion allocated to 2016 and $4 billion each for 2017 and 2018. The company intends to invest 96% of the projected capital expenditure in its regulated businesses since regulated earnings have grown at an annual compound growth rate of 7.5% since 2012, thereby maximizing shareholder value. The company has been strategically investing in technology to lower emissions from its power plants. American Electric Power intends to invest a minimum of $5.7 billion in its transmission businesses in the next three years as part of its overall plan of providing cleaner energy and reconstructing aging infrastructure. The aim is to create a grid that is more resilient, reliable and capable of shouldering the needs of the coming generation. These investments will be channeled through AEP Transmission Holding Co. and AEP's regulated utility operating companies. Management anticipates earnings of AEP Transmission Holding Co. to be around 40 cents per share in 2015 and 77 cents per share in 2018. American Electric Power's third-quarter earnings of $1.06 per share surpassed the Zacks Consensus Estimate of $1.00 by 6%. Earnings also increased 5% from $1.01 per share in the year-ago quarter, supported by continued investments in its regulated businesses. American Electric Power's strategy of increasing investment in the regulated businesses continues to support its dividend payout plan of 60-70% of its operating earnings. Recently, the company hiked its quarterly dividend rate by 5.7 % to 56 cents per share from 53 cents per share. Although the company aims to gradually reduce its dependence on coal, it will remain mostly a coal-fired power generator for many years to come. As of Sep, 2015, the AEP System had a total generating capacity of 32,000 MW. American Electric Power has a stable earnings base of more than 5.4 million customers spread over 11 states. Earning Releases of Peer Companies Exelon Corporation EXC reported third-quarter 2015 adjusted operating earnings of 83 cents per share, surpassing both the Zacks Consensus Estimate and year-ago earnings by 17% and 6.4%, respectively. Diversified energy company FirstEnergy Corp. FE reported third-quarter 2015 operating earnings of 97 cents per share, outpacing the Zacks Consensus Estimate of 86 cents by 12.8%. Earnings also improved 8.9% year over year. Duke Energy Corporation DUK reported third-quarter 2015 adjusted earnings of $1.47 per share that fell short of the Zacks Consensus Estimate of $1.52 by 3.3%. Quarterly earnings, however, increased 5% year over year owing to warmer weather compared to the previous year Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMER ELEC PWR (AEP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-11-12,16.1143,16.2677,16.0274,16.0303,
EXC,2015-11-13,16.0372,16.2111,15.8633,15.9091,"[""COPEL Q3 Earnings Down Y/Y on Weak Sales & High Costs Companhia Paranaense de EnergiaELP or COPEL reported disappointing results for third-quarter 2015. The company's net income declined 60.8% year over year to R$91.4 million (US$26 million). Earnings came in at R$0.33 per share or 9 cents per American Depository Receipt (\""ADR\""). Revenues COPEL's operating revenues for the quarter totaled R$3,245.2 million (US$921.9 million), down 1.3% year over year. The top-line weakness was triggered by sales decline in the following categories: 21.6% in electricity sales to distributors, 18.2% in construction and 33.9% in other operating revenues. However, these negatives were partially offset by a 14.7% increase in electricity sales to final customers, 9.2% in use of the main distribution and transmission grid, 27.7% in telecommunications and 62% in distribution of piped gas. Electricity Sales COPEL's electricity sales to final customers include Copel Distribuicao's sales in the captive market and Copel Geracao e Transmissao's sales in the free market. As reported, the company's electricity sales to final customers declined 1.2% year over year to 6,807 Gigawatt hours (GWh) in third-quarter 2015. The decrease was led by 5.5% fall in Residential and 0.6% decline in Industrial segment, partially offset by 1.4% increase in Commercial, 2.1% in Rural and 0.5% in Other segment. Expenses/Income COPEL's operating costs increased 6.8% year over year to R$3,183.4 million (US$904.4 million). Expenses, as a percentage of revenues, were 98.1% versus 90.7% in the year-ago quarter. The company recorded increase of 29.9% in cost of materials & supplies for power electricity, 10.4% in electricity purchased for resale and 31.3% in pension and healthcare plans. Additionally, higher costs were reported in the following categories: 29.1% in charge of the main distribution & transmission grid, 13.8% in personnel and management, 18.7% in third-party services, 15.5% in depreciation and amortization, and 66.5% and 30.7% in other costs and expenses, respectively. However, a 17% decline was recorded in costs for natural gas and supplies for the gas business, while costs for provisions & reversals and construction costs declined 26.4% and 12.4%, respectively. Earnings before interest, tax, depreciation and amortization (\""EBITDA\"") decreased 39.7% to R$299.2 million (US$84.9 million), with an EBITDA margin of 9.2%. Balance Sheet & Cash Flow Exiting third-quarter 2015, COPEL's cash and cash equivalents decreased to R$831.6 million (US$202.8 million) from R$867.8 million (US$276.4 million) at prior-quarter end. Loans, financing and debentures were R$6,460.3 million (US$1,575.7 million) compared with R$6,047 million (US$1,925.8 million) in the preceding quarter. Also, in the first nine months of 2015, COPEL generated net cash of R$836.3 million (US$265.5 million) from its operating activities, down 29.6% year over year. Capital spending on the purchase of property, plant and equipment increased 10.3% year over year to R$672.5 million (US$213.5 million). During the period, the company distributed approximately R$300.3 million (US$95.3 million) as dividends and interest on equity. Outlook For 2015, COPEL plans to spend R$2,476.9 million in capital expenditure. Of the total amount, roughly R$1,300.1 million will be used for the Generation and Transmission business, R$784.7 million for the Distribution business, R$107.7 million for the Telecommunications business, and R$284.4 million as investments in new businesses. With a market capitalization of $2.2 billion, COPEL presently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the electric utility industry include Exelon Corporation EXC , Huaneng Power International, Inc. HNP and Korea Electric Power Corp. KEP . All these stocks sport a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report COPEL-ADR PR B (ELP): Free Stock Analysis Report KOREA ELEC PWR (KEP): Free Stock Analysis Report HUANENG POWER (HNP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for Nov 13, 2015 : CSCO, GLW, GE, EXC, IPG, QQQ, BAC, ORCL, YHOO, INTC, MDLZ, FB The NASDAQ 100 After Hours Indicator is down -1.03 to 4,501.11. The total After hours volume is currently 32,049,682 shares traded. The following are the most active stocks for the after hours session : Cisco Systems, Inc. ( CSCO ) is unchanged at $26.21, with 3,973,638 shares traded. As reported by Zacks, the current mean recommendation for CSCO is in the \""buy range\"". Corning Incorporated ( GLW ) is unchanged at $17.93, with 3,618,947 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2016. The consensus EPS forecast is $0.37. GLW's current last sale is 91.95% of the target price of $19.5. General Electric Company ( GE ) is +0.02 at $30.30, with 2,480,312 shares traded. As reported by Zacks, the current mean recommendation for GE is in the \""buy range\"". Exelon Corporation ( EXC ) is unchanged at $28.34, with 2,350,544 shares traded. EXC's current last sale is 85.88% of the target price of $33. Interpublic Group of Companies, Inc. (The) ( IPG ) is unchanged at $22.45, with 2,120,866 shares traded. As reported by Zacks, the current mean recommendation for IPG is in the \""buy range\"". PowerShares QQQ Trust, Series 1 ( QQQ ) is -0.03 at $109.81, with 2,047,763 shares traded. This represents a 29.58% increase from its 52 Week Low. Bank of America Corporation ( BAC ) is -0.01 at $17.19, with 1,958,842 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2015. The consensus EPS forecast is $0.35. As reported by Zacks, the current mean recommendation for BAC is in the \""buy range\"". Oracle Corporation ( ORCL ) is +0.19 at $37.49, with 1,631,559 shares traded. ORCL's current last sale is 83.31% of the target price of $45. Yahoo! Inc. ( YHOO ) is unchanged at $32.19, with 1,216,176 shares traded. As reported by Zacks, the current mean recommendation for YHOO is in the \""buy range\"". Intel Corporation ( INTC ) is unchanged at $32.11, with 917,918 shares traded. Over the last four weeks they have had 12 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2015. The consensus EPS forecast is $0.63. As reported by Zacks, the current mean recommendation for INTC is in the \""buy range\"". Mondelez International, Inc. ( MDLZ ) is unchanged at $43.27, with 881,311 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2016. The consensus EPS forecast is $0.52. As reported by Zacks, the current mean recommendation for MDLZ is in the \""buy range\"". Facebook, Inc. ( FB ) is unchanged at $103.95, with 776,871 shares traded. Over the last four weeks they have had 10 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2015. The consensus EPS forecast is $0.5. As reported by Zacks, the current mean recommendation for FB is in the \""buy range\"". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-11-16,15.9091,16.0889,15.8681,16.0821,"Will Focus on Renewables Drive Xcel Energy (XEL) Forward? On Nov 13, 2015, we have issued an updated research report on Xcel Energy Inc.XEL . The company's ongoing investments in expanding its infrastructure projects and steady focus on broadening its renewables base are expected to act as growth catalysts going forward. Additionally, economic development in the company's service territories is also expected to favor the company. However, stringent environmental regulations are a potential headwind. Xcel Energy recently posted third-quarter earnings of 84 cents per share, outpacing both the Zacks Consensus Estimate and the prior-year figure. Revenues of $2,901.3 million missed the estimates but increased on a year-over-year basis owing to higher electric revenues. Xcel Energy has been investing substantially in its utility assets, primarily in generation, transmission and distribution projects, which will improve its service reliability and provide higher returns in the forthcoming years. With the current pulse in the U.S. market favoring green energy, Xcel Energy has been steadily diversifying its portfolio to include more sustainable and cleaner sources of energy. The company plans to add 1,800 MW of wind energy, 1,400 MW of large-scale solar units across its service territories over the long term and retire two of the three Sherco coal-fired units. Economic development in the company's service territories has resulted in customer additions. The company's performance is also expected to get a boost from economic growth. In spite of adding renewable assets, the U.S. Environmental Protection Agency's (EPA) Clean Power Plan will require Xcel Energy to invest substantially in pollution control measures at its power generation facilities. This will inevitably raise operating expenses, thereby affecting margins. Uncertain weather patterns, operational risks and hazards are other concerns. Xcel Energy carries a Zacks Rank #2 (Buy). Some of the other stocks worth considering in the same industry are Korea Electric Power Corp. KEP and Huaneng Power International, Inc. HNP , each carrying a Zacks Rank #1 (Strong Buy) and Exelon Corporation EXC , carrying a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report XCEL ENERGY INC (XEL): Free Stock Analysis Report KOREA ELEC PWR (KEP): Free Stock Analysis Report HUANENG POWER (HNP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-11-17,16.0489,16.1719,15.4929,15.5438,"[""Dominion Energy Closes Solar Plant Buyout in Virginia Dominion Energy, a subsidiary of Richmond, VA-based Dominion Resources Inc. D has recently acquired an 80-megawatt (\""MW\"") solar facility in Accomack County, VA, from the project's developer Community Energy, Inc. Construction work on this plant - Amazon Solar Farm U.S East - is expected to start by the end of 2015 while it is expected to be operational by fall 2016. The long-term power purchase contract of Amazon Web Services (AWS) with the solar firm is in line with AWS' long-term objective to achieve 100% renewable energy usage on its electrical grid and around 40% by 2016-end. AWS is the cloud computing division of Amazon.com, Inc. (AMZN). Apart from the signing of an engineering, procurement and construction contract with an anonymous party, the company has entered interconnection deals with Delmarva Power. Notably, this solar project is the first to be granted approval by Virginia's permit-by-rule process which issues bulk sanctions for the construction of renewable energy projects with capacities less than 100 MW. Further, the project is expected to qualify for the Investment Tax Credit. Dominion Resources has emerged as a leader in this space with a large-scale renewable energy generation portfolio. Meanwhile, the company is looking to bolster its green assets in the next few years. Dominion Resources intends to and reach a total generating capacity of 425 MW by 2015-end. Other Solar Projects This October, Dominion Virginia Power, a regulated electric transmission and distribution franchise of Dominion Resources, filed for certificates of public convenience and necessity with the Virginia State Corporation Commission (\""SCC\"") for three solar projects in Virginia counties . Construction of the recently acquired 20-MW solar facility in Kern County, Maricopa West project, is complete and is currently being tested before entering service. In the third quarter, Dominion received a 10-year sales contract from The United States Navy to supply energy, generated from the 20-MW solar farm in North Carolina, to the Norfolk Naval Station. The Navy also has the option to extend the tenure of the contract by another 10 years. Zacks Rank Dominion Resources currently has a Zacks Rank #3 (Hold). Some better-ranked stocks in the same industry are Exelon Corporation EXC , Korea Electric Power Corp. KEP and Huaneng Power International, Inc. HNP , all three sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report KOREA ELEC PWR (KEP): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report HUANENG POWER (HNP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Wholesale Energy Revolution: Electricity Growth Stalls as Customers Take Control The energy industry is changing rapidly, especially in regard to electricity generation. Today, people can generate their own electricity with rooftop solar, it's possible to monitor energy usage in homes and businesses, and efficiency has become a real selling point for products like TVs and lightbulbs. As a result, electricity usage has stalled, and price growth has slowed as well. The impact can be felt across the industry in companies that were once stable stocks for investors. Electricity price growth has stalled In the U.S., for over a century, electricity consumption and prices have both risen slightly every year like clockwork. But that growth narrative has changed as efficiency has become more prevalent in consumer and business products and as renewable energy sources have allowed customers to become energy producers. Between 1990 and 2010 the cost of electricity in the U.S. rose 2.04% compounded annually. Between 2010 and 2014 growth slowed to 1.54% compounded annually. The EIA projects that growth will slow further in 2015 and 2016, to just 0.5% and 0.8%, respectively. NRG data by YCharts . Long-term trends don't seem to point to a turnaround in these companies' legacy businesses. Exelon is fighting just to keep nuclear plants open, NRG Energy is struggling to find new strategies that could add new forms of energy without losing money, and Dynegy is dealing with 7.0 GW of coal plants that are losing money. The struggle is real for some of the biggest electricity producers in the country. Renewables are taking the growth In 2014, 55% of the new energy capacity built in the U.S. was wind or solar. This takes away peak power demand that was often high-margin for IPPs, but it also forces regulated utilities to start rethinking their futures as energy suppliers. Programs to test energy storage, smart metering, and even utility-installed rooftop solar are booming around the country. This forces IPPs to either become renewable energy owners, signing long-term contracts with utility customers, or to buy up regulated utilities to protect income. What's clear is that the legacy wholesale electricity business isn't as attractive as it was even a few years ago. Light at the end of the tunnel? Electricity markets are changing rapidly, and right now, that means slower growth in consumer demand and prices. But that could turn around if electric vehicles become more commonplace and people start needing on-demand energy to fuel their cars. Until that demand comes, it looks like electricity demand won't grow as quickly as it once did as consumers become more efficient and renewable energy takes a bigger piece of the energy pie. That makes the utility business model, which used to pump out profits like clockwork, a riskier investment than it's been historically. The next billion-dollar iSecret The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early, in-the-know investors! To be one of them, just click here . The article Wholesale Energy Revolution: Electricity Growth Stalls as Customers Take Control originally appeared on Fool.com. Travis Hoium has no position in any stocks mentioned. The Motley Fool owns shares of NRG Energy. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-11-18,15.5505,15.8125,15.4314,15.7841,"ALLETE Unit Buys A and W Technologies, Expands Presence U.S. Water, the investor-owned water utility holding of multi-services company, ALLETE, Inc.ALE , has closed the acquisition of A and W Technologies for a sum of $9 million. Based out of Georgia, A and W Technologies is a major service provider of engineering services and specialty chemicals needed for water treatment in Southeastern United States. This acquisition will enable U.S. Water to expand and bolster its base in A and W Technologies' service areas as a part of its ongoing strategy to grow organically and through acquisitions. A and W Technologies will provide a boost to U.S. Water's existing customer count of over 3,600 besides complementing its policy of helping data centers, institutional, commercial and food industry lower operating costs associated with water and energy usage and improve efficiency in their use. ALLETE posted impressive third quarter results with revenues and earnings outpacing both the Zacks Consensus Estimate and prior-year figures. This July, ALLETE Clean Energy, a wholly owned subsidiary of ALLETE, Inc., closed the acquisition of a 100.5-megawatt (""MW"") Pennsylvania-based wind farm, Armenia Mountain, from The AES Corporation (AES). The wind facility has 67 General Electric Company GE turbines installed in 2009. Output from the facility is sold through existing power purchase agreements that expire through 2025 (read : ALLETE Clean Energy Acquires Wind Farm in Pennsylvania ). Zacks Rank ALLETE currently holds a Zacks Rank #3 (Hold). Some better stocks in the same industry are Korea Electric Power Corp. KEP and Exelon Corporation EXC , both carrying a Zacks Rank #1 (Strong Buy) Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report KOREA ELEC PWR (KEP): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report ALLETE INC (ALE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-11-19,15.8233,16.0489,15.7792,15.8066,
EXC,2015-11-20,15.873,15.9922,15.4821,15.7167,"[""AGL Resources Shareholders Okay Merger with Southern Shareholders of energy services holding company AGL Resources Inc.GAS have approved its proposed merger with Southern Company SO , which was announced on Aug 24. The shareholders also gave their consent to the compensation that the company's executives are expected to receive following the merger. Both parties are now awaiting approval from the federal and state regulatory bodies. The deal is expected to close in the second half of next year. Per the original terms of the deal, the stockholders of AGL Resources will get $66 per share. The company would become the third-largest operating subsidiary of Southern Company. Management at AGL Resources expects the deal to bring new growth opportunities for the firm. Also, the combination with Southern Company will enhance shareholder value. Post acquisition, the merged company will become the second-largest U.S. utility company, Exelon Corporation EXC being the largest one. Interestingly, even post acquisition, AGL Resources will continue to work with its own management team. AGL Resources Inc. is an energy services holding company whose principal business is gas distribution. The company has a relatively low risk earnings growth profile. Positioned in a niche industry with high barriers to entry, this energy services holding company enjoys near monopoly in its area of operation. However, we expect shareholder sentiment towards AGL Resources to remain lukewarm. This is owing to factors like the company's investment in higher-risk unregulated operations, ongoing regulatory uncertainties and the poor market environment. AGL Resources currently carries a Zacks Rank #3 (Hold). A better-ranked stock from the utilities space is Chesapeake Utilities Corporation CPK that sports a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report AGL RESOURCES (GAS): Free Stock Analysis Report CHESAPEAKE UTIL (CPK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""How Well Will NRG Energy Weather Stringent Regulations? On Nov 19, 2015, we have issued an updated research report on NRG Energy, Inc.NRG . The company's disciplined strategy of cost reduction, asset drop-down and monetization program and focus on expanding its renewable base are expected to act as catalysts. However, stringent government regulations, uncertainty associated with its \""merchant\"" facilities and uncertain weather conditions are persistent headwinds. NRG Energy recently reported third-quarter 2015 earnings of 18 cents per share, missing the Zacks Consensus Estimate of 79 cents and declining 62.5% from the year-ago level. Operating revenues of $4,431 million lagged the Zacks Consensus Estimate of $4,492 million by 1.3% and decreased 3% from $4,569 million in the third quarter of 2014. As part of the company's systematic asset-drop down program, the company recently closed the sale of a 75% stake in a portfolio of 12 wind projects to NRG Yield for $210 million in cash. The proceeds from the asset drop-down and divestiture programs are used to acquire assets, which support the long-term growth objectives of the company. NRG Energy is also well-hedged, which positions it well in the event of rising or falling commodity prices. In order to comply with regulatory pressures, NRG Energy has been implementing measures to reduce emission during operations, like modernizing aging fleets, changing the fuel mix and upgrading facilities to improve their efficiency. These efforts inevitably lead to higher operating costs. Severe weather conditions and natural calamities like snowstorms and hurricanes, which result in breakdown and damage of infrastructure, can potentially affect the company's performance. NRG Energy carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the utility industry are Exelon Corporation EXC , Korea Electric Power Corp. KEP and Huaneng Power International, Inc. HNP , all three sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report KOREA ELEC PWR (KEP): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report HUANENG POWER (HNP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-11-23,15.705,15.7557,15.4978,15.5311,"XLU, NEE, PCG, EXC: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $134.5 million dollar outflow -- that's a 2.3% decrease week over week (from 136,374,160 to 133,274,160). Among the largest underlying components of XLU, in trading today NextEra Energy Inc (Symbol: NEE) is off about 0.4%, PG&E Corp. (Symbol: PCG) is off about 0.5%, and Exelon Corp. (Symbol: EXC) is lower by about 0.8%. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $40.80 per share, with $49.78 as the 52 week high point - that compares with a last trade of $43.27. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-11-24,15.4764,15.6414,15.3796,15.5926,
EXC,2015-11-25,15.5769,15.617,15.4245,15.5505,
EXC,2015-11-27,15.5769,15.6268,15.4704,15.5037,
EXC,2015-11-30,15.5037,15.5662,15.3141,15.3308,
EXC,2015-12-01,15.4245,15.6503,15.3923,15.6316,
EXC,2015-12-02,15.5769,15.6219,15.3014,15.3464,
EXC,2015-12-03,15.277,15.4245,15.1803,15.237,
EXC,2015-12-04,15.3464,15.41,14.9595,14.9927,
EXC,2015-12-07,14.9927,15.1021,14.7533,15.022,
EXC,2015-12-08,14.9311,14.9887,14.7182,14.8969,"5 Excellent Income Stocks to Buy Now Is now the time for dividend investing? While the dividend investing style is almost always overlooked, it still has a place in many portfolios even though many consider it a 'boring' way to growth wealth in a portfolio. Sure investors often prefer growth securities that are increasing earnings or revenues, or securities with value metrics such as low PEs and modest debt levels, but now could actually be an interesting time for dividend investing. That is because markets are still near all time highs, but volatility is definitely returning. High dividend stocks can often be less volatile than their low-yielding or non-dividend paying counterparts and this could be vital if volatility levels run higher from here. But even if you aren't concerned with the state of the market right now, dividend investing can be great for other reasons too. The idea of reinvesting dividends-- where investors use to dividend payments to buy more shares-- can be a great long term strategy. After all, this approach can really add up over time thanks to the impact of compounding and it is a factor that is often glossed-over by investors these days. Where to Find the Best Dividend Stocks Now? Easily one of the biggest problems with dividend stocks is finding the right ones. There are plenty of stocks that pay dividends and you certainly can't just pick whichever ones have the highest yields. A better way to find top dividend stocks is to look at ones that have market-beating yields, and are seeing rising earnings estimates too. Securities with this combo may be the perfect mix for dividend investors while still providing the potential for outperformance. So definitely consider any of the names highlighted below if you are looking for excellent income stocks in this uncertain environment: Cincinnati Financial ( CINF ) If you are looking for a safer choice in the dividend world right now then CINF might be a great pick. The company operates in the relatively safe property and casualty segment of the insurance world which is currently a top 25% ranked industry. Plus, insurance companies are often known for their dividends as CINF has a nearly 3% payout. Best of all, CINF has been seeing rising earnings estimates as of late and the consensus estimate for both the current quarter and the current year has moved higher in the past two months. Add that into a nice history at earnings season-- including two straight beats of at least 50%-- as well as a Zacks Rank #2 Buy), and investors may have a winner with this insurance stock. Exelon ( EXC ) Another potentially safe choice comes to us from the utility segment in the form of EXC. This security currently has a Zacks Rank #2 (Buy) and a great 'A' grade for Value as well. Throw in a 4.6% dividend yield and investors have a very solid value pick on their hands with EXC. It is also worth noting that EXC has seen rising earnings estimate revisions for its current year forecast lately, including four such increases in the past sixty days and not a single analyst estimate lower in the same time frame. The company also has a pretty good history at earnings season, including three straight beats and two in a row of more than 15%. Texas Instruments ( TXN ) The technology sector isn't exactly known for its dividend payers but TXN is an impressive exception. The company pays out a 2.6% yield which is easily higher than most in the space, though it is worth noting that the semiconductor-general segment is ranked in the top 10% for all industries. TXN has also been seeing rising earnings estimates too as more than a dozen estimates have moved higher in the past two months for both the current quarter and the current year time frame, compared to zero lower. With this type of agreement over TXN's outlook it shouldn't be a surprise to note that Texas Instruments currently has a Zacks Rank #1 (strong buy) as well. Highwoods Properties ( HIW ) REITs are usually solid income destinations and HIW is no exception. Highwoods pays out nearly 4% a year to investors, roughly double the overall market. And though some might be worried about REITs right now, we should note that this corner of the REIT market has a top 20% industry rank right now. HIW in particular has seen a number of analysts increase their earnings estimates over the past two months including five higher for the current quarter and nine higher for the current year, compared to one lower in both time frames. The security currently has a Zacks Rank #2 (buy) and it could be a higher yield choice for investors in this market. National Health Investors ( NHI ) For a different way to play the REIT space, investors may also want to check out NHI. This security focuses in on the health care space in particular the long-term care and senior housing industries which can arguably be more stable (and in higher demand) than other types of REITs. NHI pays out a pretty good yield too, giving out roughly 5.7% a year to investors. This stock has also seen rising earnings estimates as of late too, including four higher for the current year compared to zero lower in the past two months, plus year-over-year growth projections in excess of 11%. NHI also has a Zacks Rank #2 (Buy) making it a solid pick for investors seeking a combo of yield and possible outperformance in the months ahead. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HIGHWOODS PPTYS (HIW): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report TEXAS INSTRS (TXN): Free Stock Analysis Report CINCINNATI FINL (CINF): Free Stock Analysis Report NATL HEALTH INV (NHI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-12-09,14.807,15.191,14.7699,14.9155,"FirstEnergy Unit Gets 20-Year Nuclear Plant License Renewal FirstEnergy Nuclear Operating Company (FENOC), an affiliate of diversified energy company, FirstEnergy Corp.FE , has secured approval from the Nuclear Regulatory Commission (NRC) extending the operating license of the Davis-Besse Nuclear Power Station for another 20 years through 2037. Renewal of this single-pressurized water reactor plant's license brings total license extensions to 81 across the country. FENOC had filed for an extension of the license, which is set to expire in 2017, in 2010. A coalition of anti-nuclear activists challenged the license extension after cracks were discovered in the plant's containment shield building. NRC panels concluded that the cracks were attributable to a 1978 blizzard and did not pose any risk. It took some time for the approval to be granted as the regulators closely monitored and evaluated the plant's safety measures, operational risks and hazards as well as the environmental impact. We believe that nuclear energy should be widely promoted as a source of clean energy on the heels of rising awareness about curbing the carbon footprint. Davis-Besse has a generating capacity of 908 megawatts (""MW""), displacing over 7.1 million metric tons of carbon dioxide emission annually. Even though nuclear energy's importance in reducing emissions is beyond dispute, routine maintenance and repair work are essential for the safe running of nuclear plants. FirstEnergy spent approximately $1 billion in David-Besse to maintain safety in operations and ensure smooth functioning. Even though nuclear power currently accounts for 60% of clean energy generated in U.S., further development of nuclear energy has stagnated. The major challenge confronting this sector is pricing pressure due to fuel, capital and operation and maintenance costs. Integrated energy utility Entergy recently announced that it will shut its Pilgrim plant in Massachusetts and FitzPatrick plant in New York in the next two years for incurring losses. Unless the government actively takes up initiatives to encourage the use of nuclear generation and provides subsidies for the same, around 10% of America's domestic nuclear fleet could be shuttered over the next few years. Zacks Rank FirstEnergy carries a Zacks Rank #2 (Buy). Some of the other favorably ranked stocks in the utility industry are Korea Electric Power Corp. KEP , sporting a Zacks Rank #1 (Strong Buy) and Exelon Corporation EXC and IdaCorp, Inc. IDA , both carrying a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report KOREA ELEC PWR (KEP): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report IDACORP INC (IDA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-12-10,14.937,15.0161,14.7739,14.8647,
EXC,2015-12-11,14.7406,14.8969,14.5286,14.5619,"Exelon (EXC) Retail Arm to Build Solar Plant in Maryland Constellation, the competitive retail and wholesale energy handling arm of Exelon CorporationEXC , has inked a 20-year power supply agreement with Archdiocese of Baltimore. Per the terms of this deal, Constellation will construct, own and operate a 5.4 megawatt (""MW"") solar power plant in Hartford County, MD. The solar power station will be capable of generating enough electricity to meet 20% of Archdiocese's consumption needs as well as displace 5,000 tons of carbon dioxide emissions annually. This project cements the role of Constellation as the leading solar energy producer in Maryland, having over 35 MW of projects under its wing. The company expects to operate an additional 25 MW by year end. Recently, in a similar power purchase agreement spanning 25 years, Constellation teamed up with Amphitheater Public Schools to construct a 9.4 MW solar plant in Tucson, AZ which will generate enough electricity to meet 60% of the district's needs. Per a study by the Solar Energy Industries Association (SEIA) in the U.S., falling costs of solar have paved the way for 59% growth in adoption in the past one year. Exelon's ongoing investments in renewables and natural gas construction reveal its fuel diversification initiatives. In Jun 2015, the Generation segment's Perryman 6 natural gas power plant in Maryland started commercial operations. Construction of two low-carbon, combined-cycle gas turbine units in Texas, each with a capacity of 1,000 MW, is underway. These initiatives will reduce Exelon's dependence on its nuclear power plants as well as the associated risks of accidents, going forward. Zacks Rank Exelon carries a Zacks Rank #2 (Buy). Other favorably ranked utility stocks include Korea Electric Power Corp. KEP , sporting a Zacks Rank #1 (Strong Buy) and FirstEnergy Corp. FE and IdaCorp, Inc. IDA , both carrying a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report KOREA ELEC PWR (KEP): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report IDACORP INC (IDA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2015-12-14,14.5882,14.5999,14.085,14.2922,
EXC,2015-12-15,14.3126,14.6224,14.2922,14.3987,
EXC,2015-12-16,14.4133,14.9253,14.388,14.8422,
EXC,2015-12-17,14.8422,15.0386,14.7132,14.9311,
EXC,2015-12-18,14.8754,15.1803,14.7406,15.1021,
EXC,2015-12-21,15.1949,15.4421,15.0661,15.3982,
EXC,2015-12-22,15.3679,15.5037,15.2682,15.447,"[""DTE Energy to Build Massive Solar Array in Lapeer, Michigan Detroit-based utility DTE Energy CompanyDTE is set to construct the largest solar array in Michigan, with a generating capacity of 45 megawatts (\""MW\""). The City of Lapeer is leasing the land to DTE on which it will construct two solar plants. The utility was granted state approval for a contract with Inovateus Solar MI, LLC to develop up to 50 megawatts of power, enabling the company to move forward with the Lapeer projects. DTE is assessing potential sites to generate the remaining 5 MW of power. DTE, the largest developer of solar power in Michigan, has five other solar projects in the state. As per Michigan's renewable energy mandate, power companies are required to generate 10% of the power from renewable sources. In that regard, DTE Energy has met the goal and intends to consistently increase investments in renewables in anticipation of tighter federal limits on carbon emissions. DTE Electric expects to make capital investments of $8.2 billion over the 2016-2020 period in renewable generation assets.This includes $3.8 billion for maintenance and other projects, $3.2 billion for distribution infrastructure, and $1.2 billion for new generation. Over the next 15 years, DTE Electric plans to withdraw a portion of its coal-fired generation and boost the natural gas and renewable mix. However, the extension of the solar investment tax credit, which was scheduled to expire in end 2016, by 5 years will slow down growth in the solar sector by almost 24%. Nonetheless, industry experts believe that the near-term decline in solar will be more than compensated by increased investment over the next several years. The federal investment tax credit reimburses developers 30% of the cost of solar projects, and extending it will drive about $38 billion of investment in solar power through 2021. Per the Clean Power Plan, the U.S. Environmental Protection Agency (EPA) calls for CO2 reduction of 28% by 2025 and 32% by 2030, from 2005 levels. One way to go about this is to increase investment in renewable energy. Since tax credit is a major impetus to investment, the government has decided to extend the timeframe. This will bring more companies to invest in this sector, besides increasing investments of companies that have already adopted the renewable path. Zacks Rank DTE Energy carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the power sector are Korean Electric Power KEP , FirstEnergy Corp. FE and Exelon Corporation EXC . While Korean Electric sports a Zacks Rank #1 (Strong Buy), FirstEnergy and Exelon carry a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report KOREA ELEC PWR (KEP): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""COPEL Shows Fundamental Strength, Runs Near-Term Risks We have issued an updated research report on Companhia Paranaense de EnergiaELP or COPEL on Dec 21, 2015. Despite solid long-term fundamentals, exposure to headwinds has restricted the company's growth momentum in the near term. COPEL, one of the largest integrated electricity utilities in Brazil, has a generation capacity of roughly 5,638 megawatt (MW), of which 99% is hydroelectric. In addition to its core operations, the company is involved in telecommunication business and has interests in energy, gas, sanitation and service sectors. Also, the company's Copel Renovaveis unit manages its investments in renewable energy generation projects. We believe that growing infrastructural developments in Brazil will call for increased electricity supply, which will boost COPEL's business in the quarters ahead. To leverage this situation, COPEL is diligently working toward improving its generation capacity as well as services, having planned investments of R$2.5 billion for 2015. However, risks arising from higher costs, huge debt levels and dependence on water resources pose serious threats to COPEL's growth in the near term. Exiting third-quarter 2015, the company had a long-term debt balance of R$6.5 billion, which inflated its financial obligations. Moreover, being a state-owned entity, governmental interference causes delay in execution of COPEL's regular operations. Further, the company's huge dependence on rainwater to source majority of its hydroelectric power can pose risks in the event of unpredictable, lower-than-average rainfall. With a market capitalization of $1.6 billion, COPEL presently carries a Zacks Rank #3 (Hold). The above-mentioned positives and negatives justify the stock's investment value. On the other hand, the company's competitors continue to perform better, having gained high investment rankings. Such stocks include Korea Electric Power Corp. KEP , Exelon Corporation EXC and FirstEnergy Corp. FE . While Korea Electric Power sports a Zacks Rank #1 (Strong Buy), both Exelon Corporation and FirstEnergy carry a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report COPEL-ADR PR B (ELP): Free Stock Analysis Report KOREA ELEC PWR (KEP): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""This Just In: Upgrades and Downgrades It's been nearly two months now since Swiss megabanker UBS cut its price target on Duke Energy , punishing the company for the cardinal sin of cutting guidance (by a whole nickel!) in its Nov. 5 third-quarter earnings report. Since then, however, Duke shares have only gone up, rising from sub $67 prices to recently pass $70. And so today, with Duke shares up 5% since UBS cut its target, the analyst is throwing in the towel and announcing an official rethink: It's upgrading Duke Energy shares to buy. What's changed? When last we heard from UBS on the subject of Duke Energy, the analyst was panning the utility for cutting its guidance to \""$4.55-$4.65,\"" a range UBS observed was below consensus \""by a nickel.\"" Looking forward into 2016, UBS opined that with Duke showing \""little to no improvement\"" in international operations, and \""core regulated and commercial businesses\"" in the U.S. growing only \""4%-6% into 2016,\"" the most Duke could be expected to earn in the coming year is $4.65 -- $0.25 less than UBS had been hoping to see previously. This, in UBS' view, was too little, too late. Since then, Duke has announced it's building 75 megawatts' worth of solar plans in North Carolina and 200 megawatts of wind power in Oklahoma, and that it's trying to extract $1.8 billion in ratepayer-supported capital improvement projects in Indiana -- projects Duke expects to result in annual 1% increases in its revenue, while reducing the amount of power it must produce for those ratepayers by another 1%. As Duke has not made any announcements directly affecting guidance, it's presumably these projects that now have UBS feeling more optimistic about the utility's growth prospects. But is UBS right? Let's go to the tape Unfortunately, the answer to that question is most likely \""No, UBS is not right about Duke Energy.\"" The reason we say this rests squarely on UBS' poor record picking electric utilities stocks: Mind you, in many respects, UBS is a fine stock picker. According to our data on Motley Fool CAPS , where we've been monitoring the performance of UBS' stock picks since mid-2006, UBS ranks in the top 10% of investors. It's just not very good at picking electricutilities stocks in particular. There, the banker scores just 36% for accuracy across its several recommendations. And its average pick underperforms the stock market, to boot. I expect much the same will happen with today's recommendation of Duke Energy. Here's why: Valuing Duke Energy Priced at more than 20 times earnings today, analysts expect Duke to grow its earnings at no more than 3.3% annually over the next five years -- basically the inflation rate. Granted, Duke's generous 4.7% dividend yield should give its owners a better-than-inflation return on their investment -- but only if the stock price doesn't shrink. Personally, I think it will shrink, and for three reasons: First, Duke costs too much relative to its competitors. Exelon shares, for example, have a half-point growth lead over Duke (3.8% to 3.3%). The company's debt load is more manageable and its dividend yield is nearly indistinguishable from Duke's at 4.6%. Best of all, Exelon sells for the most reasonable P/E ratio of the bunch -- a relative bargain at 12 times earnings. PPL Corp, also mentioned above, sells for 23 times earnings and pays a 4.5% dividend yield -- both numbers that look inferior to Duke's at first glance. But analysts who follow the company ( rated higher on CAPS, by the way -- five stars to Duke's four) expect PPL to outgrow Duke by nearly 2 full percentage points at 5.2% annualized, and PPL boasts a lighter debt load than its rival as well. Second -- speaking of debt, let's speak about debt . Valued at about $48 billion in market cap, Duke carries more than $41 billion worth of debt, net of cash on hand. In case you missed it, though, the Federal Reserve just raised interest rates ... which will raise the cost of Duke's debt ... which will decrease Duke's profits. That's going to crimp earnings growth over time, and with Duke only pegged for 3%-ish growth already, there wasn't a whole lot of growth there to begin with. Third and finally, when interest rates go up, bonds pay more interest. And because bonds are viewed as \""safer\"" than stocks, those higher bond interest rates will draw investors away from dividend-paying stocks like Duke. This, too, is a factor that will tend to sap Duke Energy stock's strength over time. The upshot for investors When you get right down to it, my main reason for being pessimistic about Duke Energy stock is as simple as this: 20 times earnings is an awful lot to pay for a stock growing at 3%. But debt plays a role in this thesis, too. It seems to me, in reversing course and recommending Duke despite rising interest rates, UBS has made a seriously bad call. I think Duke is going down. The next billion-dollar iSecret The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . The article This Just In: Upgrades and Downgrades originally appeared on Fool.com. Fool contributorRich Smith does not own shares of, nor is he short, any company named above. You can find him onMotley Fool CAPS, publicly pontificating under the handleTMFDitty, where he's currently ranked No. 308 out of more than 75,000 rated members.The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2015-12-23,15.4538,15.6376,15.3923,15.5985,
EXC,2015-12-24,15.5311,15.6376,15.5212,15.5769,
EXC,2015-12-28,15.5212,15.617,15.3571,15.5838,
EXC,2015-12-29,15.6678,15.7167,15.5545,15.6893,
EXC,2015-12-30,15.5721,15.6893,15.4373,15.5438,
EXC,2015-12-31,15.5135,15.6316,15.3366,15.5877,2015 year in review: The S&P 500’s winners and losers Netflix and Amazon were the leaders in the consumer discretionary sector MarketWatch takes a look at the best and worst performers among S&P 500 stocks.
EXC,2016-01-04,15.4245,15.7137,15.3425,15.7,
EXC,2016-01-05,15.6503,15.8233,15.3923,15.8066,
EXC,2016-01-06,15.6561,15.873,15.5838,15.8233,
EXC,2016-01-07,15.617,15.8233,15.5311,15.6268,
EXC,2016-01-08,15.663,15.705,15.407,15.617,"[""Commit To Buy Exelon Corp. At $18, Earn 5% Using Options Investors eyeing a purchase of Exelon Corp. (Symbol: EXC) shares, but cautious about paying the going market price of $27.56/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $18 strike, which has a bid at the time of this writing of 90 cents. Collecting that bid as the premium represents a 5% return against the $18 commitment, or a 2.5% annualized rate of return (at Stock Options Channel we call this the YieldBoost ). Selling a put does not give an investor access to EXC's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. And the person on the other side of the contract would only benefit from exercising at the $18 strike if doing so produced a better outcome than selling at the going market price. ( Do options carry counterparty risk? This and six other common options myths debunked ). So unless Exelon Corp. sees its shares decline 34.6% and the contract is exercised (resulting in a cost basis of $17.10 per share before broker commissions, subtracting the 90 cents from $18), the only upside to the put seller is from collecting that premium for the 2.5% annualized rate of return. Below is a chart showing the trailing twelve month trading history for Exelon Corp., and highlighting in green where the $18 strike is located relative to that history: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2018 put at the $18 strike for the 2.5% annualized rate of return represents good reward for the risks. We calculate the trailing twelve month volatility for Exelon Corp. (considering the last 253 trading day closing values as well as today's price of $27.56) to be 25%. For other put options contract ideas at the various different available expirations, visit the EXC Stock Options page of StockOptionsChannel.com. In mid-afternoon trading on Friday, the put volume among S&P 500 components was 697,613 contracts, with call volume at 697,613, for a put:call ratio of 0.72 so far for the day, which is above normal compared to the long-term median put:call ratio of .65. In other words, if we look at the number of call buyers and then use the long-term median to project the number of put buyers we'd expect to see, we're actually seeing more put buyers than expected out there in options trading so far today. Find out which 15 call and put options traders are talking about today . Top YieldBoost Puts of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp.'s Trust Preferred Securities Ex-Dividend Reminder On 1/12/16, Exelon Corp.'s 6.20% Trust Preferred Securities (Symbol: BGE.PRB) will trade ex-dividend, for its quarterly dividend of $0.3875, payable on 1/15/16. As a percentage of BGE.PRB's recent share price of $26.48, this dividend works out to approximately 1.46%, so look for shares of BGE.PRB to trade 1.46% lower - all else being equal - when BGE.PRB shares open for trading on 1/12/16. On an annualized basis, the current yield is approximately 5.83%, which compares to an average yield of 5.03% in the \""Utilities\"" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of BGE.PRB shares, versus EXC: Below is a dividend history chart for BGE.PRB, showing historical dividends prior to the most recent $0.3875 on Exelon Corp.'s 6.20% Trust Preferred Securities: According to the ETF Finder at ETF Channel, Exelon Corp. (Symbol: EXC) makes up 5.11% of the Uranium+Nuclear Energy ETF ( NLR ) which is trading relatively unchanged on the day Friday. In Friday trading, Exelon Corp.'s 6.20% Trust Preferred Securities (Symbol: BGE.PRB) is currently down about 0.5% on the day, while the common shares (Symbol: EXC) are up about 0.3%. Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-01-11,15.6893,15.9218,15.617,15.7519,
EXC,2016-01-12,15.8183,15.8183,15.4764,15.6845,
EXC,2016-01-13,15.6942,15.8066,15.3533,15.4597,
EXC,2016-01-14,15.4538,15.7743,15.2575,15.6678,
EXC,2016-01-15,15.3571,15.7,15.1325,15.4147,
EXC,2016-01-19,15.5085,15.6776,15.4197,15.5135,"Exelon's Investments Impress, Wholesale Power Prices Vary On Jan 18, 2016, we updated a research report on Exelon CorporationEXC . Exelon Corporation is a Chicago, IL-based utility services holding company, operating through its subsidiaries - Generation, Commonwealth Edison Company, PECO Energy Company and Baltimore Gas and Electric. Exelon's competitive retail and wholesale energy business is controlled by Constellation. The company has operations in 48 states and the District of Columbia in the U.S., along with Canada. Exelon's substantial investments in infrastructure projects and upgrade of its fossil fuel generating capacity are impressive. The company intends to invest $3.7 billion in utilities this year primarily allocated to infrastructure enhancements, grid reliability and improvements in resiliency. This investment incorporates Exelon's smart meter installation program, of which 5.5 million gas and electric installations have been completed. Since 2012, Exelon's investments in distribution automation or digital smart switches have increased the reliability of its services. In light of rising awareness and regulatory pressure, Exelon has been consistently investing in renewables and natural gas construction. In Jun 2015, the Generation segment's Perryman 6 natural gas power plant in Maryland started commercial operations. Construction of two low-carbon, combined-cycle gas turbine units in Texas, each with a capacity of 1,000 megawatts (""MW""), is underway. Last month, Constellation inked a 20-year power supply agreement with Archdiocese of Baltimore and a 25-year power-purchase deal with Amphitheater Public Schools to construct a 9.4 MW solar plant in Tucson, AZ which will generate enough electricity to meet 60% of the district's needs. These initiatives also serve to reduce Exelon's dependence on its nuclear power plants as well as the possibilities of accidents, going forward. On the flip side, Exelon's financial performance is guided by price fluctuations in the wholesale power markets.Wholesale power prices mainly depend on supply and demand, which varies almost minute to minute on the electric grid. Prices also depend on the cost of the fuel source, especially those of coal and natural gas. Additionally, Exelon's generation and energy delivery businesses are highly regulated. The company continues to face potential regulatory and political risks related to its utility businesses, which could impair valuation and earnings. Fundamental changes in regulations could disrupt Exelon's business plans, and affect profitability. Zacks Rank Exelon carries a Zacks Rank #3 (Hold). Some better ranked utility stocks include Atlantic Power Corporation AT and Calpine Corp. CPN , sporting a Zacks Rank #1 and Black Hills Corporation BKH , carrying a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report CALPINE CORP (CPN): Free Stock Analysis Report BLACK HILLS COR (BKH): Free Stock Analysis Report ATLANTIC PWR CP (AT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-01-20,15.3855,15.41,14.7406,15.0318,
EXC,2016-01-21,15.0895,15.4538,14.9204,15.3923,
EXC,2016-01-22,15.4421,15.7675,15.4147,15.7342,
EXC,2016-01-25,15.7167,15.7743,15.237,15.2457,
EXC,2016-01-26,15.2897,15.7167,15.277,15.6268,
EXC,2016-01-27,15.7,15.9521,15.5135,15.746,
EXC,2016-01-28,15.7519,16.2423,15.6316,16.1143,"3 Reasons Exelon Stock Could Fall EXC data by YCharts . Exelon Corporation stock plummeted 25% in 2015. The utility suffered sizable setbacks in 2015, and there's no guarantee 2016 will be any different. With an unstable economy, a final merger decision on Pepco Holdings approaching, and a fine regulatory balance to keep, here are three reasons Exelon stock could fall. 1. The economy slows As the largest electricity provider in the United States in terms of sales, Exelon Corporation literally powers our nation's economic growth. Historically, utility companies have relied on regulated earnings to pull in consistent earnings over time. But since sales haven't increased in seven years, utilities have had to find other ways to deal with flatlining fundamentals. Rather than focus on increasing electricity demand from existing customers, utilities have been running a merger marathon for the past five years. Duke Energy Corporation kicked things off in January 2011, when it announced it would acquire Progress Energy. Just three months later, Exelon made its own splash when it revealed plans to merge with Constellation Energy. Both companies have (obviously) seen sales skyrocket since then -- that's what happens when you add one company's revenue to another's. While retail electricity sales inched up just 3% since 2011, Exelon revenue increased 75%, and Duke Energy's expanded 126%. U.S. Electricity Retail Sales data by YCharts . A stagnant economy means stagnant sales, while mergers bring with them potential economies of scale . As signs of a slowing economy emerge again, Exelon is set to add another company to its ranks: Pepco Holdings. 2. The Pepco merger folds When Exelon announced on April 30, 2014, that it planned to purchase Pepco Holdings for $6.8 billion, its investors weren't elated. Pepco stock immediately popped up 20% to account for the purchase premium, but Exelon stock prices barely budged. Since then, some of the steam has left Pepco stock, and Exelon stock has been on a slow and steady decline. POM data by YCharts . The lackluster performance can be boiled down to two issues. First, it's unclear whether the acquisition will even occur. After almost two years of regulatory scrutiny, Exelon has managed to snag approvals from FERC, Maryland, Delaware, New Jersey, and Virginia. But D.C. regulators have proven problematic, and the two corporations are still waiting for an uncertain final verdict, which is expected this quarter. The second issue is the looming uncertainty as to whether this merger will pay off for Exelon. Its major selling points are increased economies of scale and a more regulated energy portfolio. If the merger goes through, the new megautility will enjoy a 9 million-person electric customer base, outstripping Duke Energy Corporation's current leadership position of 7 million. However, a bigger top line is important only if the bottom line follows. Over the past five years, Exelon's gross and operating margins haven't done much, and Pepco Holdings' own margins aren't faring any better. Compared to competitor Duke Energy, both companies are doing a poor job translating sales into profits. POM Operating Margin (TTM) data by YCharts . 3. Regulated earnings drop off In 2014, Exelon earnings were nearly an even split between regulated earnings and competitive generation. By 2018, the company expects to tip the scales to 60% regulated and 40% competitive. That creates stability for investors, and it allows Exelon to better predict its future value return to shareholders via stock repurchases and dividends. As Exelon recently promised, ""If investments do not meet our thresholds, we will return capital to shareholders."" The biggest unknown for Exelon's regulated earnings is whether the Pepco Holdings merger will go through. Without it, Exelon expects to grow its existing $22 billion rate base to $28 billion by 2018. With the merger, that rate base would expand an extra $10 billion to $38 billion -- that's equivalent to nearly 140% of Exelon's total revenue for fiscal year 2014. With an increasingly erratic economy and an energy sector undergoing significant change, investors will want to make sure Exelon is doing everything it can to provide stable earnings in the years to come. Sell Exelon in 2016? Exelon stock could fall in 2016 -- but it could also rise. The list above highlights three important risks every Exelon investor should be aware of. Balancing risk and return is the only way to develop a fully informed investment thesis, so read on and read up -- there's a lot to learn about the future of businesses you own. The next billion-dollar iSecret The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early, in-the-know investors! To be one of them, just click here . The article 3 Reasons Exelon Stock Could Fall originally appeared on Fool.com. Justin Loiseau has no position in any stocks mentioned, but he does use electricity. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright © 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-01-29,16.2784,16.6556,16.257,16.5999,
EXC,2016-02-01,16.5032,16.9019,16.4241,16.8422,"[""Will Exelon Raise Its Dividend in 2016? EXC Dividend data by YCharts 2. Earnings Ability While past precedent may tell us what a corporation wants to do, it doesn't tell us anything about its ability. Mountains of metrics attempt to decipher whether a corporation can afford to pay out a dividend. One of the simplest indicators is a company's \""payout ratio,\"" calculated as the percentage of earnings a company delivers as dividends. For Exelon, its current ratio stands at 55%, meaning $0.55 out of every dollar it earns goes straight back to investors. That's significantly lower than both Duke Energy Corporation and Southern Company and is on par with the average payout ratio for electric utilities. By this metric, at least, Exelon has plenty of profits to pay dividends. EXC Payout Ratio (TTM) data by YCharts 3. Relative Value The most important hints of whether or not Exelon plans to raise its dividend come from the corporation, itself. In a recent Edison Electric Institute presentation, Exelon noted that its dividend \""will be covered by the utilities, insulated from the earnings volatility of the generation business .\"" Getting into numbers, it promised to continue to deliver an annual $1.24 dividend, equivalent to what it's doled out for the past two years. Source: Exelon Corporation Exelon also noted its dividend decisions aren't independent from the rest of its business. If it can make 10% or more return-on-equity (ROE) via regulated utility or power generation investments, it'll spend its money there. But \""if investments do not meet [its] threshold, [Exelon] will return capital to shareholders \"" by retiring debt, repurchasing shares, or increasing its dividend. Dividend Decisions Exelon Corporation seems to be setting itself up for a steady year of dividend distributions. It may not raise its dividend, but it probably won't chop it, either. But there's more to a stock than its dividend , alone, and investors should keep a close eye on Exelon in the year ahead. The next billion-dollar iSecret The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . The article Will Exelon Raise Its Dividend in 2016? originally appeared on Fool.com. Justin Loiseau has no position in any stocks mentioned, but he does really really really like dividends The Motley Fool recommends Southern Company. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""What's in Store for Exelon (EXC) this Earnings Season? Exelon CorporationEXC is slated to report fourth-quarter 2015 results on Feb 3, 2016. Last quarter, the utility company posted a positive earnings surprise of 16.9%. On an average, Exelon has reported a positive earnings surprise of 7.78% in the last four quarters. Let's see how things are turning out for the fourth quarter. Factors to Consider this Quarter Exelon is currently diversifying its generation mix and focusing on its natural gas and renewable assets. These initiatives will enable the company to meet stringent government environmental regulations and reduce operational risks from its nuclear fleet. In addition, Exelon has been successfully pursuing a strategy of matching its load business with the generation fleet, which pays off in times of volatile weather conditions and allows the company to market its hedging activities by providing a channel in periods of low liquidity as well as in non-active markets. The company also raised the 2016 total gross margin guidance for this business to $500 million from $400 million, primarily spurred by the success of the load matching strategy. This strategy is expected to yield benefits in the to-be-reported quarter. Earnings Whispers Our proven model does not conclusively show that Exelon will beat estimates this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to be able to beat consensus estimates. That is not the case here as you will see below. Zacks ESP : The Earnings ESP, which represents the difference between the Most Accurate estimate of 37 cents and the Zacks Consensus Estimate of 39 cents, is -5.13%. Zacks Rank : Though Exelon has a Zacks Rank #2, its negative ESP makes an earnings beat unlikely this season. We caution against stocks with a Zacks Rank #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider PPL Corporation PPL has an earnings ESP of +6.98% and carries a Zacks Rank #3. It is scheduled to report fourth-quarter results on Feb 4, 2016. Pinnacle West Capital Corporation PNW has an earnings ESP of +11.11% and carries a Zacks Rank #3. It is slated to report fourth-quarter results on Feb 19, 2016. NRG Energy, Inc. NRG has an earnings ESP of +26.19% and carries a Zacks Rank #3. It is expected to report fourth-quarter results on Feb 26, 2016. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PINNACLE WEST (PNW): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Is Southern Company (SO) Set to Outperform Again in Q4? We expect electric utility firm Southern CompanySO to beat expectations when it reports fourth-quarter 2015 results before the opening bell on Wednesday, Feb 3. In the preceding three-month period, the Atlanta-based service provider delivered a positive earnings surprise of 0.86% on the back of higher residential and commercial sales. Let's see how things are shaping up for this announcement. Why a Likely Positive Surprise? Our proven model shows that Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. EXC - is likely to beat earnings in the to-be-reported quarter because it has the right combination of two key ingredients. Zacks ESP: Earnings ESP for this utility stands at +2.38%. This is because the Most Accurate estimate stands at 43 cents, whereas the Zacks Consensus Estimate is pegged lower at 42 cents. A favorable Zacks ESP serves as a meaningful and leading indicator of a likely positive earnings surprise. Zacks Rank: Southern Company carries a Zacks Rank #2 (Buy) which, when combined with a positive ESP, makes us confident of an earnings beat. Note that stocks with Zacks Ranks #1 (Strong Buy), 2 or 3 (Hold) have a significantly higher chance of beating earnings. On the other hand, the Sell-rated stocks (#4 and 5) should never be considered going into an earnings announcement. What is Driving the Better-Than-Expected Earnings? A leading utility holding entity in the U.S., Southern Company dominates the power business across the Southeast. With a strong rate base growth and constructive regulation, we expect the firm to generate steady earnings. Also, with operations in a stable and growing industry, Southern Company has a steady stream of cash flow. The utility's history of consistent dividend payments indicates its confidence in itself. We further appreciate Southern Company's cost reduction initiatives as seen in the previous quarter when its total operating expenses decreased around 8% year over year. Finally, strong performance from its large regulated asset base is expected to favorably affect Southern Company's fourth quarter overall electricity sales and usage. Other Stocks to Consider Southern Company is not the only utility looking up this earnings season. Here are some companies from the energy space which, according to our model, also have the right combination of elements to post an earnings beat this quarter. Clean Energy Fuels Corp. CLNE has an Earnings ESP of +130.00% and a Zacks Rank #1. The utility is expected to release earnings on Feb 25. SCANA Corp. SCG has an Earnings ESP of +2.50% and a Zacks Rank #2. The utility is anticipated to release earnings on Feb 18. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report SCANA CORP (SCG): Free Stock Analysis Report CLEAN EGY FUELS (CLNE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-02-02,16.6723,16.9321,16.5101,16.9184,"Pre-Market Earnings Report for February 3, 2016 : MRK, CMCSA, MDLZ, GM, SO, ADP, ALXN, BDX, EXC, ETN, MPC, BEN The following companies are expected to report earnings prior to market open on 02/03/2016. Visit our Earnings Calendar for a full list of expected earnings releases. Merck & Company, Inc. ( MRK ) is reporting for the quarter ending December 31, 2015. The large cap pharmaceutical company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.91. This value represents a 4.60% increase compared to the same quarter last year. In the past year MRK has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 5.49%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for MRK is 14.22 vs. an industry ratio of 58.90. Comcast Corporation ( CMCSA ) is reporting for the quarter ending December 31, 2015. The cable tv company's consensus earnings per share forecast from the 19 analysts that follow the stock is $0.82. This value represents a 6.49% increase compared to the same quarter last year. In the past year CMCSA has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2015 Price to Earnings ratio for CMCSA is 17.12 vs. an industry ratio of -98.90, implying that they will have a higher earnings growth than their competitors in the same industry. Mondelez International, Inc. ( MDLZ ) is reporting for the quarter ending December 31, 2015. The food company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.49. This value represents a 4.26% increase compared to the same quarter last year. In the past year MDLZ has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 7.69%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for MDLZ is 23.87 vs. an industry ratio of 13.00, implying that they will have a higher earnings growth than their competitors in the same industry. General Motors Company ( GM ) is reporting for the quarter ending December 31, 2015. The auto (domestic) company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.23. This value represents a 3.36% increase compared to the same quarter last year. GM missed the consensus earnings per share in the 1st calendar quarter of 2015 by -11.34%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for GM is 6.20 vs. an industry ratio of -2.20, implying that they will have a higher earnings growth than their competitors in the same industry. Southern Company ( SO ) is reporting for the quarter ending December 31, 2015. The electric power utilities company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.42. This value represents a 10.53% increase compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for SO is 17.45 vs. an industry ratio of 21.00. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending December 31, 2015. The outsourcing company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.71. This value represents a 1.43% increase compared to the same quarter last year. ADP missed the consensus earnings per share in the 2nd calendar quarter of 2015 by -6.78%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for ADP is 25.61 vs. an industry ratio of 21.60, implying that they will have a higher earnings growth than their competitors in the same industry. Alexion Pharmaceuticals, Inc. ( ALXN ) is reporting for the quarter ending December 31, 2015. The biomedical (gene) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.88. This value represents a 22.12% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for ALXN is 35.96 vs. an industry ratio of -16.70, implying that they will have a higher earnings growth than their competitors in the same industry. Becton, Dickinson and Company ( BDX ) is reporting for the quarter ending December 31, 2015. The medical/dental supplies company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.84. This value represents a 20.26% increase compared to the same quarter last year. In the past year BDX has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 2.11%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for BDX is 17.38 vs. an industry ratio of 34.20. Exelon Corporation ( EXC ) is reporting for the quarter ending December 31, 2015. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.39. This value represents a 18.75% decrease compared to the same quarter last year. EXC missed the consensus earnings per share in the 4th calendar quarter of 2014 by -5.88%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for EXC is 11.95 vs. an industry ratio of 21.00. Eaton Corporation, PLC ( ETN ) is reporting for the quarter ending December 31, 2015. The machinery company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.09. This value represents a 14.17% decrease compared to the same quarter last year. In the past year ETN has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2015 Price to Earnings ratio for ETN is 11.87 vs. an industry ratio of 11.00, implying that they will have a higher earnings growth than their competitors in the same industry. Marathon Petroleum Corporation ( MPC ) is reporting for the quarter ending December 31, 2015. The oil refining company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.67. This value represents a 53.15% decrease compared to the same quarter last year. The last two quarters MPC had negative earnings surprises; the latest report they missed by -2.22%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for MPC is 7.26 vs. an industry ratio of 13.50. Franklin Resources, Inc. ( BEN ) is reporting for the quarter ending December 31, 2015. The finance/investment management company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.75. This value represents a 17.58% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for BEN is 11.62 vs. an industry ratio of 10.70, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-02-03,16.9721,17.8094,16.9262,17.742,"[""Exelon Q4 Earnings & Revenues Miss Estimates, Down Y/Y Exelon CorporationEXC reported fourth-quarter 2015 adjusted operating earnings of 38 cents per share, short of the Zacks Consensus Estimate and year-ago earnings by 2.6% and 20.8%, respectively. The decline in quarterly earnings was attributable to higher nuclear outages at the Generation business, unfavorable weather conditions at Commonwealth Edison Company (\""ComEd\"") and PECO Energy Company (\""PECO\"") and higher depreciation and amortization expenses at Generation. Exelon Corporation - Earnings Surprise | FindTheBest On a GAAP basis, quarterly earnings were 33 cents per share compared with 2 cents per share a year ago. The difference between GAAP and adjusted operating earnings was due to the combined impact of one-time charges of 11 cents and gains of 6 cents. Full-year operating earnings were $2.49 per share, missing the Zacks Consensus Estimate of $2.51. However, earnings increased by nearly 4.2% from $2.39 per share in the prior year. Full-year GAAP earnings came in at $2.54 per share, up from the prior-year level of $1.88 per share. Total Revenues Exelon's total operating revenues of $6,682 million missed the Zacks Consensus Estimate of $7,055 million by 5.3%. Quarterly revenues decreased 3.8% year over year. Full-year revenues came in at $29,237 million, surpassing the Zacks Consensus Estimate and the year-ago figure by 9.9% and 4.8%, respectively. Quarterly Highlights Exelon's total operating expenses marginally decreased year over year to $5,946 million from $5,987 million. The company reported an operating income of $744 million in the quarter, down 22% from $954 million a year ago. Interest expenses increased 31.1% year over year to $316 million on higher long-term debt. Financial Position As of Dec 31, 2015, Exelon's cash and cash equivalents were $6,502 million compared with $1,878 million at the end of 2014. Long-term debt as of Dec 31, 2015, was $23,645 million, up from $19,212 million as of Dec 31, 2014. In 2015, net cash flow from operating activities was $7,634 million compared with $4,457 million in the year-ago period. Exelon's capital expenditure was $7,624 million compared with $6,077 million in 2014. Hedges Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Dec 31, 2015 was 90-93% for 2016, 60-63% for 2017, and 28-31% for 2018. Guidance Exelon provided 2016 adjusted earnings per share guidance in the range of $2.40 to $2.70 per share. Exelon projects annual dividend growth of 2.5% over the next 3 years. Merger Update Exelon's merger with Pepco Holdings Inc. POM is on course and is expected to be complete by the first quarter of 2016, subject to approval by the Public Service Commission of the District of Columbia. Upcoming Peer Releases Calpine Corp. CPN is slated to release fourth-quarter results on Feb 12, 2016. The Zacks Consensus Estimate is pegged at a loss 1 cent. Duke Energy Corp. DUK plans to release fourth-quarter results on Feb 18, 2016. The Zacks Consensus Estimate is 94 cents. Zacks Rank Exelon currently has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report CALPINE CORP (CPN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Southern Company Q4 Earnings Top, Revenues Miss Electric utility firm Southern CompanySO reported fourth-quarter 2015 earnings per share (excluding certain one-time items) of 44 cents, ahead of the Zacks Consensus Estimate of 42 cents and higher than the year-ago adjusted profit of 38 cents. The strong numbers can be attributed to lower costs. The Atlanta-based power supplier's quarterly revenue - at $3,606 million - came 10% lower than the fourth-quarter 2014 level of $4,017 million and failed to surpass the Zacks Consensus Estimate of $4,437 million amid a dip in retail sales. Overall Sales Breakup A warm winter hampered Southern Company's retail electricity demand. Things were further aggravated by a 9.8% decline in wholesale sales. This brought about a downward movement in overall electricity sales and usage. Total electricity sales during the fourth quarter deteriorated 6.3% from the same period last year. Southern Company's total retail sales fell 5.7%. This mainly reflects sharply lower residential sales that dived 13.5% year over year. Also, demand from industrial customers fell 2.7%. Expenses Summary Southern Company's operations and maintenance cost decreased 15% to $1,134 million, while total operating expense for the period - at $3,028 million - was approximately 12% lower than the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. EXC and Duke Energy Corp. DUK - currently retains a Zacks Rank #2 (Buy). Apart from Southern Company, one can also look at Atlantic Power Corp. AT as a good buying opportunity. This electric utility stock - sporting a Zacks Rank #1 (Strong Buy) - offers tremendous value and is worth buying now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report ATLANTIC PWR CP (AT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Misses Q4 Earnings & Revenue Estimates Exelon CorporationEXC , a competitive energy provider, delivers electricity and natural gas to customers in central Maryland, northern Illinois and southeastern Pennsylvania through its subsidiaries. The Chicago, IL-based firm operates in 48 states and the District of Columbia of the U.S., and Canada. Exelon's strategy of matching its load business with generation fleet, addition of renewable and natural gas based power generating units to its portfolio, systematic divestment of non-core assets and the proposed merger with Pepco Holdings, Inc. (POM) are expected to boost its future performance. However, stringent environmental regulations and volatile commodity pricing remain our major concerns. Estimate Trend & Surprise History Investors should note that the fourth quarter Zacks Consensus Estimate for earnings of 39 cents per share has remained almost flat over the last 90 days. Coming to the earnings surprise, Exelon has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in a positive average surprise of 7.78%. Zacks Rank : Currently, Exelon has a Zacks Rank#3 (Hold) but that could change following its fourth quarter 2015 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earnings : Exelon missed earnings. Adjusted earnings per share came in at 38 cents, marginally missing the Zacks Consensus Estimate of 39 cents per share. Revenue : Revenues of $6,682 million missed the Zacks Consensus Estimate of $7,055 million by 5.3% and also fell from the year-ago level by 3.8%. Key Stats : In the fourth quarter, Exelon's total operating expenses and operating income were $5,946 million and $744 million, respectively. Check back for our full write up on this EXC earnings report later! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-02-04,17.7734,18.1984,17.742,18.1046,"[""TECO Energy (TE) Earnings In Line with Estimates in Q4 Energy utility company TECO EnergyTE announced fourth-quarter 2015 operating earnings of 23 cents per share, on par with the Zacks Consensus Estimate. Earnings in the quarter were 21.1% higher than the prior year. Teco Energy Inc. (TE) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompany Earnings in 2015 were $1.10 per share, in line with Zacks Consensus Estimate and 6.8% higher than 2014 levels. The year-over-year growth was primarily due to consistent customer growth and benefits stemming from New Mexico Gas integration. Operating Revenue Total operating revenues in the fourth quarter were $676.1 million, down 3% from $695.5 million in the year-ago period. Total revenues of $2,743.5 million in 2015 were 4.5% short of the Zacks Consensus Estimate of $2,872 million but up 6.9% from the 2014 level. Segment Results Tampa Electric's net income for the fourth-quarter 2015 was $43 million, up 14.9% from $37.4 million in the fourth-quarter 2014. Average number of customers increased 1.8% year over year to 722,826. Peoples Gas reported net income of $6.9 million for the quarter, compared with $8.9 million in the comparable period of 2014. Average number of customers grew 2% to 362,918 in the quarter. New Mexico Gas Co.'s net income was $13.1 million in the fourth quarter of 2015 compared with $11.4 million a year ago. Highlights of the Release The company was able to expand its customer base at its three utilities resulting in year-over-year top-line growth. Total expenses during the fourth quarter were $550.1 million, down 5.7% from the year-ago level of $583.4 million. Interest expenses in the reported quarter were $48.7 million, decreasing 1.8% from $49.6 million in the year-ago quarter. Financial Update TECO Energy had $23.8 million of cash and cash equivalents as of Dec 31, 2015, compared with $25.4 million at the end of 2014. Long-term debt as of Dec 31, 2015, was $3,516.9 million, up from $3,354 million as of Dec 31, 2014. Net cash from operating activities in 2015 was $609.6 million compared with $664.8 million in the same period a year ago. Guidance TECO Energy expects earnings per share in 2016 to be driven by customer growth trends across all three of its utilities. Other Peer Releases Exelon Corporation EXC reported fourth-quarter 2015 adjusted operating earnings of 38 cents per share, short of the Zacks Consensus Estimate by 2.6%. NextEra Energy NEE announced fourth-quarter 2015 adjusted earnings of $1.17 per share, beating the Zacks Consensus Estimate of $1.11 by 5.41. American Electric Power Co., Inc. AEP reported fourth-quarter 2015 operating earnings of 48 cents per share, missing the Zacks Consensus Estimate of 50 cents by 4%. Our View TECO Energy has been successful in driving electricity and natural gas customer growth. The company's merger with Emera is on course. The deal has already received approval from the Federal Energy Regulatory Commission and is pending other regulatory and government approvals. Yesterday, the board of directors of TECO Energy approved a 2.2% increase in the quarterly dividend rate to 23 cents per share. TECO Energy currently has a Zacks Rank #4 (Sell). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TECO ENERGY (TE): Free Stock Analysis Report AMER ELEC PWR (AEP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Noteworthy ETF Inflows: FXU, EXC, SCG, CPN Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Utilities AlphaDEX Fund (Symbol: FXU) where we have detected an approximate $34.8 million dollar inflow -- that's a 20.5% increase week over week in outstanding units (from 7,300,002 to 8,800,002). Among the largest underlying components of FXU, in trading today Exelon Corp. (Symbol: EXC) is up about 1.8%, SCANA Corp (Symbol: SCG) is off about 0.3%, and Calpine Corp (Symbol: CPN) is up by about 2.2%. For a complete list of holdings, visit the FXU Holdings page \u00bb The chart below shows the one year price performance of FXU, versus its 200 day moving average: Looking at the chart above, FXU's low point in its 52 week range is $20.92 per share, with $25.68 as the 52 week high point - that compares with a last trade of $23.90. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Will 2016 Be PG&E Corporation's Best Year Yet? So far for 2016, the stock market is off to one of its worst starts ever. But PG&E Corporation has defied market trends and is in the black. With 11 months ahead of us, investors need to know whether PG&E stock will continue to rise. Here are three reasons 2016 could be PG&E's best year yet. 1. No pollution, no problem <span data-mce-type=\""bookmark\""></span> <span data-mce-type=\""bookmark\""></span> Source: CASenDems The EPA Clean Power Plan has officially gone into federal effect, and utilities are scrambling to understand what it means for them. Illinois-based Exelon Corporation is the largest nuclear producer in the United States, but the future of its nuclear notions will be significantly affected by how Illinois decides to comply with the plan. If Illinois decides to ditch nuclear support or doles out sizable subsidies to other alternative energies such as wind, around one-third of of Exelon's generation portfolio will lose out. PG&E is similarly exposed to California regulators. But unlike Exelon Corporation, PG&E is ahead of the game when it comes to clean power compliance. California Senate Bill 350 calls for a statewide target to generate 50% of its electricity from renewable sources by 2030. For PG&E, a quarter of its energy portfolio already meets renewable-energy standards, and 55% is greenhouse gas free. These forward-thinking assets will keep capital expenditures down for PG&E as other utilities struggle to go green in the years to come. 2. Ringing in new rates Utilities depend on regulated earnings to bring in steady sales. Last September, PG&E Corporation submitted a request to the California Public Utilities Commission that will decide whether the utility is allowed to increase rates by about $4 per month for an average residential customer. PG&E expects the commission to decide by the end of the year, and its verdict will determine PG&E's volatility in the years to come. The corporation currently pays out essentially all of its earnings in dividends, and a failure to raise rates could mean a reduced dividend or delayed capital expenditures. PCG Payout Ratio (TTM) data by YCharts But if the request gets the regulatory thumbs-up, PG&E Corporation will get busy with its extra sales and invest more into its distribution and generation businesses. 3. Testing and Investing California's energy portfolio presents both challenges and opportunities for PG&E. It has more than 10 times the solar power capacity of any other state, and California's energy goals also include calls for energy efficiency and transportation fuel cuts. Rather than fight legislation, PG&E is asking for the funds to push this progressive frontier. In the same way Exelon Corporation has pushed for its own grid modernizations to account for new natural gas sources, PG&E is ready to welcome renewables to the scene. It's requesting $1 billion to invest in what it calls \""The Grid of Things,\"" a system that can handle the unique demands of a more dynamic energy portfolio. In general, the utility plans to keep up capital expenditures through at least 2019, investing between $5.3 billion and $6.5 billion annually. At the same time, its (expected) expanded rate base will allow the company to continue to grow its earnings at a compound annual rate of 6% to 8% -- music to an income investor's ears. Buy PG&E Corporation? PG&E may be gearing up for its best year yet. But there are still risks to consider, and investors should do their due diligence to know why PG&E stock could just as easily fall in 2016. A balanced perspective enables a balanced portfolio, and the wisest investors want to be sure they know exactly why they're holding for the long haul. The next billion-dollar iSecret The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . The article Will 2016 Be PG&E Corporation's Best Year Yet? originally appeared on Fool.com. Justin Loiseau has no position in any stocks mentioned, but he does like California. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Utility Industry Stock Outlook - Feb. 2016 Utilities are among the safest investment bets given the regulated nature of their business that gives their revenues a high level of certainty. They also benefit from the domestic orientation of their business, which shields them from foreign currency translation issues that have been a headwind for many other industries lately. Though demand for utility services like electricity, gas and water varies with the swings of the economy, the fortunes of these companies don't vary to the same extent during the economic cycle. After all, these companies providing basic services can never go out of business -- this is their most basic fundamental strength. Their ability to boost shareholders' value through consistent dividends makes them all the more attractive. To provide an uninterrupted supply of basic amenities, utilities need to upgrade and strengthen their infrastructure and modernize the generation fleet. These modifications enable utilities to meet increasing demand and abide by stringent environmental regulations laid out by state and federal agencies. The capital intensive utility industry was enjoying the benefit of near zero interest rates and was using the funds to strengthen existing infrastructure and add to their generating assets. However, the increase in the interest rate by the Federal Reserve in Dec 2015 will definitely raise the cost of capital for the utilities. In addition, investors might show more interest toward bonds than utilities as an alternative source of investment. The Environmental Challenge Utilities have heavily relied on coal for a large part of power generation, which has become a big challenge for the group in these times of enhanced environmental awareness. Curbing pollution is now an ongoing process and the regulators have fixed standards of emission that need to be achieved within a stipulated timeframe. Utilities are installing smart meters, attaching scrubbers to lower emissions and launching energy efficiency programs to reduce customers' energy consumption. Governments across the world are enforcing ever stricter rules and mandates to bring down the industry's carbon footprint. In Aug 2015, the U.S. Environmental Protection Agency released the final version of the Clean Power Plan. The plan calls for CO2 reduction of 28% by 2025 and 32% by 2030, from 2005 levels. Per a U.S. Energy Information Administration (EIA) report, at least 14 gigawatts (GW) of coal-fired capacity were retired during 2015, equal to nearly 5% of the operable coal capacity existing at the end of 2014. Moreover, the EIA (taking into consideration the views of power operators) forecasts retirement of least 10.7 GW of additional coal capacity during 2016 and 2017. Something to Cheer About The ongoing improvement in the U.S. economy has led to more jobs and higher housing unit completion, which in turn is driving utility demand. Per the U.S. Bureau of Labor Statistics, the unemployment rate in the last three months of 2015 was down by nearly 70 basis point year over year to 5%. New single family home sales in Dec 2015 increased 10.8% over the preceding month. Recent projections from the EIA however indicate that despite the increase in housing permits, retail sales of electricity to the residential sector are expected to fall by 0.5% year over year during 2016. However, the EIA forecasts that retail electricity sales to the commercial sector will rise by 0.9% and 1.1% in 2016 and 2017, respectively. In addition, U.S. industrial sector sales are expected to increase by 1.1% in 2016 and 0.4% in 2017. Zacks Industry Rank - Positive Within the Zacks Industry classification, utilities are a standalone sector, one of 16 Zacks sectors. The rural wire-line telephone companies are also grouped within the Zacks Utility sector, but the three major industries within this sector include Electric Power, Gas Distribution and Water Supply. We rank all of the 257 industries in the 16 Zacks sectors based on the earnings outlook for the constituent companies in each industry. This ranking is available in the Zacks Industry Rank. The way to look at the complete list of Zacks Industry Rank for the 258+ industries is that the outlook for industries with Zacks Industry Rank of #88 and lower is 'Positive,' between #89 and #176 is 'Neutral' and #177 and higher is 'Negative.' After scanning the utility sector, we find that all the three prominent industries fall under the first two categories. Water Supply has a Zacks Industry Rank #48, Electric Power has a Zacks Industry Rank #88 and Gas Distribution has a Zacks Industry Rank #99. Our present outlook on the utility sector is Positive, with two major industries in this space currently having a positive rank and Gas Distribution moving upward since the last update. Earnings Results and Expectations We are into the heart of the fourth quarter earnings season this week with results from 173 S&P 500 members having already being released and nearly 126 scheduled for release this week. Utilities tend to report a little late into the season with only 9.7% of the companies in our utility coverage having reported earnings till last week compared with 34.1% of S&P 500 companies. Fourth quarter 2015 earnings in the utility space are expected to decline by 3.7%, compared with a fall of 5.8% projected for the S&P 500. However, earnings in the first quarter of 2016 are expected to contract at a clip of 9.6%, a much faster pace than the S&P 500 contraction of 5.1%. The top line of the utility sector is expected to improve by 1.5% in fourth quarter of 2015 as against a decline of 4.4% for the S&P 500. Investors can consider adding the following utilities to their portfolio as they have the financial strength to withstand the increased interest rate and at the same time continue to pay dividends to their shareholders. ALLETE, Inc. ( ALE ), a Zacks Rank #3 (Hold) stock, has a long-term earnings growth projection of 5% and a dividend yield of 3.74%. ALLETE has registered positive earnings surprises in three out of the last four quarters with an average beat of 7.27% and has a current ratio of 1.27. Exelon Corporation ( EXC ), another Zacks Rank #3 stock, has a long-term earnings growth projection of 4.37% and a dividend yield of 4.11%. Exelon has registered positive earnings surprises in three out of the last four quarters with an average beat of 7.78% and has a current ratio of 2.15. PG&E Corporation ( PCG ) has a long-term earnings growth projection of 4.48% and a dividend yield of 3.21%. This Zacks Rank #3 (Hold) utility has registered positive earnings surprises in two out of the last four quarters with an average beat of 8.89% and has a current ratio of 1. DTE Energy ( DTE ) holds a Zacks Rank #3, has a long-term earnings growth projection of 5.63% and has beaten estimates in three out of the last four quarters with an average beat of 7.12%. The stock has a current ratio of 1.19 and a dividend yield of 3.39%. For more information about earnings for this sector and others, please read our ' Earnings Trends ' report. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PG&E CORP (PCG): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report ALLETE INC (ALE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-02-05,18.2227,18.4954,17.9824,18.469,"Zacks Industry Outlook Highlights: ALLETE, Exelon, PG&E and DTE Energy For Immediate Release Chicago, IL - February 05, 2016 - Today, Zacks Equity Research discusses the Utilities, including ALLETE, Inc. ( ALE ), Exelon Corporation ( EXC ), PG&E Corporation ( PCG ) and DTE Energy ( DTE ). Industry: Utilities Link: http://www.zacks.com/commentary/70681/utility-industry-stock-outlook---feb-2016 Utilities are among the safest investment bets given the regulated nature of their business that gives their revenues a high level of certainty. They also benefit from the domestic orientation of their business, which shields them from foreign currency translation issues that have been a headwind for many other industries lately. Though demand for utility services like electricity, gas and water varies with the swings of the economy, the fortunes of these companies don't vary to the same extent during the economic cycle. After all, these companies providing basic services can never go out of business -- this is their most basic fundamental strength. Their ability to boost shareholders' value through consistent dividends makes them all the more attractive. To provide an uninterrupted supply of basic amenities, utilities need to upgrade and strengthen their infrastructure and modernize the generation fleet. These modifications enable utilities to meet increasing demand and abide by stringent environmental regulations laid out by state and federal agencies. The capital intensive utility industry was enjoying the benefit of near zero interest rates and was using the funds to strengthen existing infrastructure and add to their generating assets. However, the increase in the interest rate by the Federal Reserve in Dec 2015 will definitely raise the cost of capital for the utilities. In addition, investors might show more interest toward bonds than utilities as an alternative source of investment. The Environmental Challenge Utilities have heavily relied on coal for a large part of power generation, which has become a big challenge for the group in these times of enhanced environmental awareness. Curbing pollution is now an ongoing process and the regulators have fixed standards of emission that need to be achieved within a stipulated timeframe. Utilities are installing smart meters, attaching scrubbers to lower emissions and launching energy efficiency programs to reduce customers' energy consumption. Governments across the world are enforcing ever stricter rules and mandates to bring down the industry's carbon footprint. In Aug 2015, the U.S. Environmental Protection Agency released the final version of the Clean Power Plan. The plan calls for CO2 reduction of 28% by 2025 and 32% by 2030, from 2005 levels. Per a U.S. Energy Information Administration (EIA) report, at least 14 gigawatts (GW) of coal-fired capacity were retired during 2015, equal to nearly 5% of the operable coal capacity existing at the end of 2014. Moreover, the EIA (taking into consideration the views of power operators) forecasts retirement of least 10.7 GW of additional coal capacity during 2016 and 2017. Something to Cheer About The ongoing improvement in the U.S. economy has led to more jobs and higher housing unit completion, which in turn is driving utility demand. Per the U.S. Bureau of Labor Statistics, the unemployment rate in the last three months of 2015 was down by nearly 70 basis point year over year to 5%. New single family home sales in Dec 2015 increased 10.8% over the preceding month. Recent projections from the EIA however indicate that despite the increase in housing permits, retail sales of electricity to the residential sector are expected to fall by 0.5% year over year during 2016. However, the EIA forecasts that retail electricity sales to the commercial sector will rise by 0.9% and 1.1% in 2016 and 2017, respectively. In addition, U.S. industrial sector sales are expected to increase by 1.1% in 2016 and 0.4% in 2017. Zacks Industry Rank - Positive Within the Zacks Industry classification, utilities are a standalone sector, one of 16 Zacks sectors. The rural wire-line telephone companies are also grouped within the Zacks Utility sector, but the three major industries within this sector include Electric Power, Gas Distribution and Water Supply. We rank all of the 257 industries in the 16 Zacks sectors based on the earnings outlook for the constituent companies in each industry. This ranking is available in the Zacks Industry Rank. The way to look at the complete list of Zacks Industry Rank for the 258+ industries is that the outlook for industries with Zacks Industry Rank of #88 and lower is 'Positive,' between #89 and #176 is 'Neutral' and #177 and higher is 'Negative.' After scanning the utility sector, we find that all the three prominent industries fall under the first two categories. Water Supply has a Zacks Industry Rank #48, Electric Power has a Zacks Industry Rank #88 and Gas Distribution has a Zacks Industry Rank #99. Our present outlook on the utility sector is Positive, with two major industries in this space currently having a positive rank and Gas Distribution moving upward since the last update. Earnings Results and Expectations We are into the heart of the fourth quarter earnings season this week with results from 173 S&P 500 members having already being released and nearly 126 scheduled for release this week. Utilities tend to report a little late into the season with only 9.7% of the companies in our utility coverage having reported earnings till last week compared with 34.1% of S&P 500 companies. Fourth quarter 2015 earnings in the utility space are expected to decline by 3.7%, compared with a fall of 5.8% projected for the S&P 500. However, earnings in the first quarter of 2016 are expected to contract at a clip of 9.6%, a much faster pace than the S&P 500 contraction of 5.1%. The top line of the utility sector is expected to improve by 1.5% in fourth quarter of 2015 as against a decline of 4.4% for the S&P 500. Investors can consider adding the following utilities to their portfolio as they have the financial strength to withstand the increased interest rate and at the same time continue to pay dividends to their shareholders. ALLETE, Inc. ( ALE ), a Zacks Rank #3 (Hold) stock, has a long-term earnings growth projection of 5% and a dividend yield of 3.74%. ALLETE has registered positive earnings surprises in three out of the last four quarters with an average beat of 7.27% and has a current ratio of 1.27. Exelon Corporation ( EXC ), another Zacks Rank #3 stock, has a long-term earnings growth projection of 4.37% and a dividend yield of 4.11%. Exelon has registered positive earnings surprises in three out of the last four quarters with an average beat of 7.78% and has a current ratio of 2.15. PG&E Corporation ( PCG ) has a long-term earnings growth projection of 4.48% and a dividend yield of 3.21%. This Zacks Rank #3 (Hold) utility has registered positive earnings surprises in two out of the last four quarters with an average beat of 8.89% and has a current ratio of 1. DTE Energy ( DTE ) holds a Zacks Rank #3, has a long-term earnings growth projection of 5.63% and has beaten estimates in three out of the last four quarters with an average beat of 7.12%. The stock has a current ratio of 1.19 and a dividend yield of 3.39%. For more information about earnings for this sector and others, please read our ' Earnings Trends ' report. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Zacks ""Profit from the Pros"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today . Find out What is happening in the stock market today on zacks.com. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ALLETE INC (ALE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-02-08,18.3889,18.594,18.0255,18.1651,"Ex-Dividend Reminder: Nexstar Broadcasting Group, Aqua America and Exelon Looking at the universe of stocks we cover at Dividend Channel , on 2/10/16, Nexstar Broadcasting Group Inc (Symbol: NXST), Aqua America Inc (Symbol: WTR), and Exelon Corp. (Symbol: EXC) will all trade ex-dividend for their respective upcoming dividends. Nexstar Broadcasting Group Inc will pay its quarterly dividend of $0.24 on 2/26/16, Aqua America Inc will pay its quarterly dividend of $0.178 on 3/1/16, and Exelon Corp. will pay its quarterly dividend of $0.31 on 3/10/16. As a percentage of NXST's recent stock price of $38.58, this dividend works out to approximately 0.62%, so look for shares of Nexstar Broadcasting Group Inc to trade 0.62% lower - all else being equal - when NXST shares open for trading on 2/10/16. Similarly, investors should look for WTR to open 0.56% lower in price and for EXC to open 0.94% lower, all else being equal. Below are dividend history charts for NXST, WTR, and EXC, showing historical dividends prior to the most recent ones declared. Nexstar Broadcasting Group Inc (Symbol: NXST) : Aqua America Inc (Symbol: WTR) : Exelon Corp. (Symbol: EXC) : In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.49% for Nexstar Broadcasting Group Inc, 2.26% for Aqua America Inc, and 3.77% for Exelon Corp.. In Monday trading, Nexstar Broadcasting Group Inc shares are currently off about 3.3%, Aqua America Inc shares are down about 0.1%, and Exelon Corp. shares are down about 0.1% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-02-09,18.0255,18.1857,17.8339,17.9287,"[""Exelon Corporation (EXC) Ex-Dividend Date Scheduled for February 10, 2016 Exelon Corporation ( EXC ) will begin trading ex-dividend on February 10, 2016. A cash dividend payment of $0.31 per share is scheduled to be paid on March 10, 2016. Shareholders who purchased EXC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 12th quarter that EXC has paid the same dividend. The previous trading day's last sale of EXC was $32.36, representing a -7.81% decrease from the 52 week high of $35.10 and a 28.98% increase over the 52 week low of $25.09. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXCU ). EXC's current earnings per share, an indicator of a company's profitability, is $2.25. Zacks Investment Research reports EXC's forecasted earnings growth in 2016 as 1.15%, compared to an industry average of 1.9%. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EXC through an Exchange Traded Fund [ETF]? The following ETF(s) have EXC as a top-10 holding: SPDR Select Sector Fund - Utilities ( XLU ) Vanguard Utilities ETF - DNQ ( VPU ) iShares U.S. Utilities ETF ( IDU ) Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ) Guggenheim Insider ETF ( NFO ). The top-performing ETF of this group is VPU with an increase of 11.2% over the last 100 days. XLU has the highest percent weighting of EXC at 4.75%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Duke Energy Corporation (DUK) Ex-Dividend Date Scheduled for February 10, 2016 Duke Energy Corporation ( DUK ) will begin trading ex-dividend on February 10, 2016. A cash dividend payment of $0.825 per share is scheduled to be paid on March 16, 2016. Shareholders who purchased DUK prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DUK has paid the same dividend. The previous trading day's last sale of DUK was $79.17, representing a -6.07% decrease from the 52 week high of $84.29 and a 20.87% increase over the 52 week low of $65.50. DUK is a part of the Public Utilities sector, which includes companies such as Exelon Corporation ( EXCU ) and Exelon Corporation ( EXC ). DUK's current earnings per share, an indicator of a company's profitability, is $3.49. Zacks Investment Research reports DUK's forecasted earnings growth in 2015 as .55%, compared to an industry average of 1.9%. For more information on the declaration, record and payment dates, visit the DUK Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DUK through an Exchange Traded Fund [ETF]? The following ETF(s) have DUK as a top-10 holding: Market Vectors Uranium & Nuclear Energy ETF ( NLR ) SPDR Select Sector Fund - Utilities ( XLU ) Vanguard Utilities ETF - DNQ ( VPU ) iShares U.S. Utilities ETF ( IDU ) iShares Global Utilities ETF ( JXI ). The top-performing ETF of this group is VPU with an increase of 11.2% over the last 100 days. NLR has the highest percent weighting of DUK at 8.52%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-02-10,17.5711,17.8076,17.317,17.6395,"Exelon (EXC) Shares Cross 4% Yield Mark Looking at the universe of stocks we cover at Dividend Channel , in trading on Wednesday, shares of Exelon Corp. (Symbol: EXC) were yielding above the 4% mark based on its quarterly dividend (annualized to $1.24), with the stock changing hands as low as $30.55 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF ( SPY ) back on 12/31/1999 - you would have paid $146.88 per share. Fast forward to 12/31/2012 and each share was worth $142.41 on that date, a decrease of $4.67/share over all those years. But now consider that you collected a whopping $25.98 per share in dividends over the same period, for a positive total return of 23.36%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.6%; so by comparison collecting a yield above 4% would appear considerably attractive if that yield is sustainable. Exelon Corp. (Symbol: EXC) is an S&P 500 company, giving it special status as one of the large-cap companies making up the S&P 500 Index. In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Exelon Corp., looking at the history chart for EXC below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 4% annual yield. According to the ETF Finder at ETF Channel, EXC makes up 5.61% of the Uranium+Nuclear Energy ETF (Symbol: NLR) which is trading lower by about 0.6% on the day Wednesday. Click here to find out which 9 other dividend stocks just recently went on sale » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-02-11,17.448,17.618,17.0064,17.1813,"AGL Resources Rewards Investors with 3.9% Dividend Hike Atlanta, GA-based energy services holding company, AGL Resources Inc.GAS recently hiked its quarterly dividend by 3.9% to 53 cents per share. The increased dividend will be paid on Mar 1 to shareholders on record as of Feb 19, 2016. Previously, the company had been paying a quarterly dividend of 51 cents. On an annualized basis, the new dividend translates to $2.12 per share. Based on the closing price of $64.77 as of Feb 10, 2016, the increased dividend reflects a yield of 3.3%. The company has regularly paid dividends for more than 60 years and the latest announcement marks the 273 rd payout. This represents AGL Resources' excellent operating performance over the years and reflects the company's strong commitment to shareholders. Last year, AGL Resources entered into a deal with Southern Company SO valued at $12 billion with the inclusion of debt. The buyout will take Southern Company to the second-largest U.S. utility milestone, Exelon Corporation EXC being the largest one. AGL Resources, which was founded in 1856, focuses on gas distribution as its principal business. Following the Dec 2011 acquisition of Naperville, IL-based Nicor Inc., the company has become the largest domestic natural gas-only distribution entity with about 4.5 million customers across seven states. Currently, AGL Resources holds a Zacks Rank #2 (Buy), implying that the stock will perform in line with the broader U.S. equity market over the next one to three months. A favorably placed stock in the energy sector is Cheniere Energy Partners L.P. CQP . This stock sports a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report AGL RESOURCES (GAS): Free Stock Analysis Report CHENIERE ENERGY (CQP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-02-12,17.1744,17.3571,16.9937,17.2663,
EXC,2016-02-16,17.4548,18.0391,17.2604,17.5828,"Exelon Corp.'s Trust Preferred Securities Crosses Above 6% Yield Territory In trading on Tuesday, shares of Exelon Corp.'s 6.20% Trust Preferred Securities (Symbol: BGE.PRB) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.55), with shares changing hands as low as $25.77 on the day. This compares to an average yield of 5.01% in the ""Utilities"" preferred stock category, according to Preferred Stock Channel . As of last close, BGE.PRB was trading at a 4.48% premium to its liquidation preference amount, versus the average premium of 1.13% in the ""Utilities"" category. Below is a dividend history chart for BGE.PRB, showing historical dividend payments on Exelon Corp.'s 6.20% Trust Preferred Securities: In Tuesday trading, Exelon Corp.'s 6.20% Trust Preferred Securities (Symbol: BGE.PRB) is currently trading flat on the day, while the common shares (Symbol: EXC) are up about 0.8%. Click here to find out the 50 highest yielding preferreds » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-02-17,17.6454,17.7313,17.4255,17.6229,"Which Of The Latest 13F Filers Holds Exelon? At Holdings Channel , we have reviewed the latest batch of the 31 most recent 13F filings for the 12/31/2015 reporting period, and noticed that Exelon Corp. (Symbol: EXC) was held by 6 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea to take a closer look. Before we proceed, it is important to point out that 13F filings do not tell the whole story, because these funds are only required to disclose their long positions with the SEC, but are not required to disclose their short positions. A fund making a bearish bet against a stock by shorting calls, for example, might also be long some amount of stock as they trade around their overall bearish position. This long component could show up in a 13F filing and everyone might assume the fund is bullish, but this tells only part of the story because the bearish/short side of the position is not seen . Having given that caveat, we believe that looking at groups of 13F filings can be revealing, especially when comparing one holding period to another. Below, let's take a look at the change in EXC positions, for this latest batch of 13F filers: In terms of shares owned, we count 1 of the above funds having increased existing EXC positions from 09/30/2015 to 12/31/2015, with 2 having decreased their positions and 2 new positions. Looking beyond these particular funds in this one batch of most recent filers, we tallied up the EXC share count in the aggregate among all of the funds which held EXC at the 12/31/2015 reporting period (out of the 3,002 we looked at in total). We then compared that number to the sum total of EXC shares those same funds held back at the 09/30/2015 period, to see how the aggregate share count held by hedge funds has moved for EXC. We found that between these two periods, funds increased their holdings by 9,253,951 shares in the aggregate, from 530,787,169 up to 540,041,120 for a share count increase of approximately 1.74%. The overall top three funds holding EXC on 12/31/2015 were: We'll keep following the latest 13F filings by hedge fund managers and bring you interesting stories derived from a look at the aggregate information across groups of managers between filing periods. While looking at individual 13F filings can sometimes be misleading due to the long-only nature of the information, the sum total across groups of funds from one reporting period to another can be a lot more revealing and relevant, providing interesting stock ideas that merit further research, like Exelon Corp. (Symbol: EXC). 10 S&P 500 Components Hedge Funds Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-02-18,17.6287,17.9336,17.6063,17.8261,
EXC,2016-02-19,17.7518,17.7753,17.5409,17.7069,
EXC,2016-02-22,17.8505,17.9863,17.6981,17.9629,"Pepco Holdings Beats on Q4 Earnings, Revenues Up Y/Y Pepco Holdings Inc.POM reported fourth-quarter 20Array5 earnings from continuing operations of 49 cents per share, surpassing the Zacks Consensus Estimate of 22 cents by nearly Array23%. Earnings also increased ArrayArray3% year over year. The increase in earnings was primarily due to higher distribution and transmission revenue. Pepco Holdings Inc. - Earnings Surprise | FindTheBest GAAP earnings per share were 48 cents, 243% higher than year-ago results. The difference between GAAP and operating earnings during the reported quarter was due to merger-related costs and the change in fair value of derivative related to preferred stock. Full-year 20Array5 earnings from continuing operations were $Array.28 per share, up from $Array.27 per share in 20Array4. Full-year GAAP earnings were $Array.25, increasing 30.2% year over year. Behind the Headlines Total revenues in the fourth quarter were $Array.Array5 billion, up 2.8% year over year. Full-year revenues came in at $5.02 billion, up nearly 3% year over year, primarily due to a 4.3% increase in Power Delivery revenues. Total regulated transmission & distribution electric sales, at the Power Delivery segment, increased Array.05% to 47,7ArrayArray gigawatt hours (GWh) in 20Array5. Total operating expenses in 20Array5 increased Array.8% from the year-ago period. Higher operation and maintenance cost led to the rise in total expenses. Financial Update Cash and cash equivalents, including restricted cash, were $39 million as of Dec 3Array, 20Array5, flat with Dec 3Array, 20Array4. Long-term debts as of Dec 3Array, 20Array5, were $4.65 billion, up 5.9% from $4.4 billion as of Dec 3Array, 20Array4. Guidance The Power Delivery segment forecasts capital expenditure of $6.8 billion over the 20Array6-2020 timeframe. Exelon Merger The District of Columbia Public Service Commission is expected to issue the final approval for the merger between Exelon Corp. EXC and Pepco Holdings by the first week of Mar 20Array6. Other Company Releases DTE Energy Company DTE reported fourth-quarter 20Array5 operating earnings per share of $Array.0Array, surpassing the Zacks Consensus Estimate of 97 cents by 4.Array%. NextEra Energy NEE announced fourth-quarter 20Array5 adjusted earnings of $Array.Array7 per share, lagging the Zacks Consensus Estimate of $Array.ArrayArray by 5.4%. Zacks Rank Pepco Holdings carries a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-02-23,17.6229,17.9229,17.5711,17.6786,
EXC,2016-02-24,17.6854,18.0537,17.618,17.9961,"[""Noteworthy ETF Outflows: FXU, CTL, EXC, PEG Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Utilities AlphaDEX Fund (Symbol: FXU) where we have detected an approximate $46.2 million dollar outflow -- that's a 3.4% decrease week over week (from 57,200,002 to 55,250,002). Among the largest underlying components of FXU, in trading today CenturyLink, Inc. (Symbol: CTL) is off about 0.1%, Exelon Corp. (Symbol: EXC) is up about 0.1%, and Public Service Enterprise Group Inc. (Symbol: PEG) is up by about 0.3%. For a complete list of holdings, visit the FXU Holdings page \u00bb The chart below shows the one year price performance of FXU, versus its 200 day moving average: Looking at the chart above, FXU's low point in its 52 week range is $20.92 per share, with $24.90 as the 52 week high point - that compares with a last trade of $23.76. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corporation (EXCU) Ex-Dividend Date Scheduled for February 25, 2016 Exelon Corporation ( EXCU ) will begin trading ex-dividend on February 25, 2016. A cash dividend payment of $0.8125 per share is scheduled to be paid on March 01, 2016. Shareholders who purchased EXCU prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that EXCU has paid the same dividend. The previous trading day's last sale of EXCU was $45.16, representing a -12.92% decrease from the 52 week high of $51.86 and a 23.22% increase over the 52 week low of $36.65. EXCU is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). For more information on the declaration, record and payment dates, visit the EXCU Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-02-25,17.9893,18.1271,17.8895,18.1271,"Stock Sell-Offs Bring Opportunities For This Top Value Mutual Fund Mark Finn never saw a market sell-off he didn't like. As portfolio manager of the $21.2 billion T. Rowe Price Value Fund ( TRVLX ), Finn often uses the dips to set up long-term positions in his mutual fund. The recent December-to-January stock market pullback presented its own set of opportunities for Finn. ""It has been a GDP-scare sell-off,"" he said ""People are worried the economy might tip back into a recession, so cyclicality is on sale right now. What I am looking for in particular are companies where I can get a really attractive dividend yield and (which) generate a lot of free cash flow and (which have) been cheapened because they're perceived to be cyclical business."" Finn is ready to pick his spots should more pullbacks occur in the months ahead. ""I am not overly optimistic about the market overall,"" he said. ""If we end the year flat to where we began, I think that would be as expected. In the interim, I'm getting chances to buy some really good companies with dividend yields of close to 5% that are trading at P/E multiples of 9 or 10 times."" T. Rowe Price Value was down 5.79% year to date going into Thursday vs. declines of 5.61% for its large-cap value peers tracked by Morningstar Inc. and 5.25% for the S&P 500. Over the past five years, the mutual fund has returned an annual average of 9.90%, beating its peers' 7.58% but trailing the S&P 500's 10.46%. The fund carries an IBD 36-Month Performance Rating of A-, meaning it's among the top 10% of all mutual funds in three-year performance. Finn relies upon a robust team of research analysts to help with fundamental stock picking. ""We are opportunistically trying to identify and invest in quality companies that are facing some controversy or perceived controversy that we have determined are trading below intrinsic value,"" he said. ""When we have a good idea, we make it a big position to accrue to the benefit of our shareholders."" Industrial Strength As of the end of 2015, General Electric ( GE ) was T. Rowe Price Value's top holding. Finn is optimistic that GE's renewed focus on its industrial businesses will help increase margins over time. ""It has been one of the best-performing industrial companies over the last one, three and five years,"" he said. ""I think GE is going to continue to relatively outperform in industrials. They have really figured out what their mission is."" GE has seen its stock price climb 15.9% over the past year. The shares were up almost 1% in the stock market today . Pfizer ( PFE ), another top holding, has sunk 16% below its 52-week high. ""It has fallen back because of its Allergan ( AGN ) acquisition, but Pfizer is a phenomenal company with a really nice pipeline of products, and it now has a really good yield,"" Finn said. Pfizer is down 13% from a year ago, but sports a 4.0% dividend yield. In the energy sector, Finn has a favorable outlook for Exelon ( EXC ). ""It has a great dividend yield, and it looks like there may be a cyclical bottom coming in energy,"" he said. Shares of Exelon yield 4.0% and have gained 12% so far this year. Holdings that Finn sees as undervalued also include International Paper (IP) and AES (AES). ""These are companies trading at around a 5% dividend yield, and the market perceives them as being cyclical and risky, but I really don't,"" he said. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-02-26,18.0577,18.2189,17.6629,17.9863,
EXC,2016-02-29,17.9863,18.2189,17.8261,17.8505,"PG&E's Stock in 3 Charts PCG Total Return Price data by YCharts First and foremost, examining stock prices alone puts PG&E stock at a disadvantage. It and other utilities dole out sizable dividends (more on this later), so examining each stock's total return price is the only way to accurately determine what value investors are receiving. Over the past five years, PG&E stock's total return price has managed to increase 50%. That's well above Exelon's flatline, but falls behind both Duke Energy and the S&P 500 Total Return (INDEX:^SPTXR). Regardless of which stock has currently come out ahead, this chart should serve as a warning to investors: utilities are not the dependable stocks they used to be, and shareholders could find themselves burned if they expect steady returns. 2. Dividends PCG Dividend data by YCharts So with erratic stock prices, are PG&E, Duke Energy, and Exelon still delivering dividends? It depends. For Exelon, its up-and-down (and ultimately down) distributions have left income investors will smaller absolute dividends than they enjoyed five years ago. PG&E stock has kept its own distribution steady, while Duke Energy has continued on its ""dividend staircase"" course, inching distributions every year. But for those looking to invest down, dividend growth doesn't tell you where current yields stand. Here, it's PG&E stock that brings up the rear with a 3.2% yield, surpassed by both Exelon (3.9%) and Duke Energy (4.4%). 3. Keeping it clean Let's take a break from stock analysis to take a look at the actual company that is PG&E. In a word, PG&E is clean. One of the major worries for many utilities is how new regulation will affect their energy portfolios. In particular, the federal Clean Power Plan and state-level renewable energy regulations have added significantly more risk to some company's upside. For a company like Exelon Corporation that relies on nuclear power in Illinois for one-third of its portfolio, any negative nuclear regulation or outsized support for other energies would be disastrous. Coal has been Duke Energy's biggest worry, and the utility has already retired nearly 5,000 MW worth and has potential plans to shutter an additional 4,000 MW. As the preceding chart indicates, PG&E Corporation has already made major advances toward clean energy. More than half of its portfolio is greenhouse gas free, and one-quarter of its energy portfolio already meets renewable-energy standards. While other utilities will have to make major retirements and additions to appease state and federal regulators, PG&E is simply ahead of the green game. Buy PG&E? Charts such as the ones here are an excellent way to begin forming an investment thesis. For investors looking for a relatively safe and forward-thinking utility, these charts indicate PG&E is a solid match. The utility might not have as much upside as others, but it's relatively low-risk offering and steady dividend should mean a lot to income investors. A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . The article PG&E's Stock in 3 Charts originally appeared on Fool.com. Justin Loiseau has no position in any stocks mentioned, but he does use electricity. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright © 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-03-01,18.0079,18.1173,17.6884,18.0079,
EXC,2016-03-02,17.9179,18.3362,17.4989,18.3195,"11 Dividends in Serious Danger InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips First, it was Kinder Morgan ( KMI ). Then, ConocoPhillips ( COP ). Which sacred dividend is going to get cut next? Regular readers know that I believe big oil is a big avoid for now . But if you insist on speculating in the goo patch, stick with Exxon Mobil ( XOM ). There are payout problems outside of energy, too. A quick look at Reality Shares' DIVCON screen reveals seven 4% payers in ""DIVCON 1"" territory. This means they're more likely to cut their dividend than raise it. Let's discuss these, and a few more high yielding problem children. 1 Shaky Telecom Dividend Stock Frontier Communications ( FTR ) is a good example of a sky-high yield (8.8%) that should set off alarm bells. As for a low P/E, the ""E"" part of the equation is non-existent-the telco has posted losses in three of the last four quarters, and the Street forecasts a loss of 17 cents per share in 2016. Add rising long-term debt (up 74% from a year ago as of the end of Q3) and a payout ratio that's also headed in the wrong direction (81% of free cash flow, up from 67%) and you get a sense the dividend-which has barely budged since it was cut in 2011-is on borrowed time again. FTR Hangs Up on Income-Seekers To drive its growth, the company is paying Verizon ( VZ ) $10.5 billion - or roughly twice Frontier's market cap - for its Internet, phone and TV assets in Florida, Texas and California. The deal will triple Frontier's size, but I'm in no way convinced it has the financial muscle to strengthen this business. History isn't on its side, either: when Frontier took over accounts in Connecticut from AT&T ( T ), it triggered a rash of service troubles that had complaint lines at consumer-protection agencies and state regulators ringing off the hook. 2 Bad Utility Decisions FirstEnergy ( FE ) already slashed its dividend by a third two years ago. That's not what you want to see from a utility. The company still pays 4.4% today but DIVCON believes the pain isn't over yet. A high 105% payout ratio is a big concern, as the company is shelling out more to investors than it's earning. And profits are declining - earnings-per-share (EPS) have come in lower in each of the last four years. Management might be too contrarian for its own good - it recently doubled down on coal ! Exelon ( EXC ) got itself in trouble initially when it overextended itself - when natural gas prices were high - to purchase Constellation Energy in December 2011. ""The Natty"" soon dropped to historic lows, and the Exelon cut its dividend by 41% in 2013. Its payout ratio is now a manageable 48%, and management is hinting at a modest 2.5% dividend raise later this year. I disagree with DIVCON here, as I believe this dividend is safe. The 10 Best Stocks for 2016 But I wouldn't buy it either, and neither should you - namely because there are 5 utility stocks with faster growing dividends . 5 REITs To Sell Now I'm not a fan of mortgage REITs here. Sure, the ""smart money"" is betting that there will not be another interest rate hike until December: Fed Fund Futures Rate Probabilities - December 2016 But the likelihood is that rates will eventually creep higher, and ""mREITs"" do not perform well when rates rise. From June 2004 to June 2006, Alan Greenspan boosted rates from 1% to 5.25%. Remember, mREITs like Annaly Capital ( NLY ) hold fixed-rate securities that decline in price when rates rise. Investors ran for the exits when Annaly chopped its payout in mid-2005. Higher Rates Made Annaly Cut Its Dividend DIVCON hates Two Harbors Investment ( TWO ) in particular - but I'd extend that to American Capital Agency ( AGNC ) ,Redwood Trust ( RWT ), Capstead Mortgage ( CMO ) and MFA Financial ( MFA ). If you hold any of these stocks for their double-digit yields, you should sell them right now. And if you absolutely have to own an mREIT, buy Annaly. Like Exxon, it's the best run house on a bad block. I actually have 3 healthcare REITs I love right here. I'll share more on those in a minute. But first, let's address the top ""yield trap"" sector today. 3 BDCs I Love To Hate Business development companies (or BDCs) have been hit hard over the past few quarters. Those with large energy investments have seen their stock prices plunge along with oil. They rely on financial wizardry to generate yield and returns for investors, and $30 oil has mucked up some best-laid plans. Many BDCs now have yields north of 10%. But these sexy BDC yields have been achieved the ""wrong way"" - with a tumbling stock price. The biggest risk to date for many BDCs hasn't been interest rates, it's been borrower risk - specifically in the oil patch. If the energy sector continues to struggle we can expect to see write-downs for the next three or four quarters. It's the reason I've been hammering BDC firms that have too much of their portfolios in energy. Gladstone Capital ( GLAD ) recently reported mixed financial results for its first quarter. By mixed I mean an increase in unrealized depreciation of $38 million and a 19% decrease in net income per share. Meanwhile Pennant Park Investment ( PNNT ) reported a tough loss of $40.8 million or 56 cents per share. Pennant Park has an energy exposure of 10% of its market value and 16% of the investment cost. In its earnings call, CEO Art Penn explained that even though they don't believe it would happen, a total write-down for all of their energy assets would drop their NAV from $9.02 to $7.28 per share. That's still 41% higher than the current stock price. I've also been down on First Street Finance Corp ( FSC ) - because it never earns its shareholders any positive returns. And the company just announced that its book value declined by roughly 7% for the quarter as a result of increased unrealized losses. Fittingly, the firm agreed to decrease its management fee a quarter point. Apparently investors started asking questions about how much they were paying management in the face of its returns. My favorite best-in-breed BDC is Main Street Capital Corporation ( MAIN ). Unfortunately I'm not the only one who is in love with this BDC. MAIN trades at a 21% premium to its NAV. It yields 7.3% today. Not a bad buy here, but I have some stocks I really like - the healthcare REITs I mentioned earlier. 3 REITS That Are Screaming Buys Today Don't despair, it's not all gloom on the income investing beat. As I mentioned, healthcare REITs look good here, and there are three in particular that I really like. They pay yields of 7%, 7.6%, and 8.5% today. And all three companies are increasing earnings and their dividends annually. Anyone who buys today will see a 10%+ yield on their initial capital in just a few years. This is the best time to buy them. They're cheap thanks to the China selloff, but they have nothing to do with the Shanghai Composite Index. These firms are capitalizing on the biggest demographic shift in U.S. history - 77 million baby boomers calling it a career. Click here for their names and tickers of each, along with my detailed stock analysis. More From InvestorPlace 7 Big-Upside Value Stocks to Buy That NOBODY Talks About 7 Stocks to Sell as the Market Bounces7 Big Oil Stocks to Buy Amid Big Global Talks The post 11 Dividends in Serious Danger appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-03-03,18.3488,18.7621,18.1505,18.7514,"In focus: Finally, a breakout Plus, a look at Pepco holdings."
EXC,2016-03-04,18.6233,19.064,18.5452,18.9116,"How Risky Is Southern Company's Stock? Safe at its core To put things in perspective, Southern Company is a pretty safe utility. It has around 4.5 million customers, largely in the Southeastern United States. The vast majority of its business is in regulated markets, which means it gets a set return on its investments. Even better, it has generally positive relationships with its regulators, and the regions in which it operates have been growing, albeit slowly. This all helps explain why Southern has paid a dividend every year for over 60 years, with the past 15 including annual distribution incresases. Compare that with a company such as AES Corp. , which is largely an independent power producer. That means it sells power to utilities and is exposed to fluctuating power prices. Why is this relevant? Because low natural gas prices in the U.S. market have led to falling revenues for power producers such as AES. To offset regional risk, the company is widely diversified geographically, operating power plants literally around the world. But that, too, poses risks. For example, AES recently had to lower guidance because of slowing economic growth in key markets such as Brazil and currency headwinds from the strong U.S. dollar. So on a relative basis, Southern looks lower-risk than some alternative utility options. But that doesn't mean it has no risk. Construction and more One area that's been a major sore spot for Southern in recent years is construction. The utility has two big projects that have hit cost and timing snags -- a clean-coal plant with carbon-capture technology, and a nuclear plant. Both are massive projects, with the clean coal a first-of-its-kind project. In other words, it's probably unfair to expect smooth sailing. However, it's been pretty rough for Southern, which has taken write-offs because of troubles at both projects. In fact, it recently chose to rejigger its construction team on the nuclear side in the hopes of getting that project back on track. And while both projects are inching toward completion, there's still the risk that they don't work out as planned and that investors wind up bearing the brunt of the cost for more delays and overruns. Then there's the not-so-subtle issue that Southern is in the process of acquiring natural gas-focused AGL Resources . The two companies operate in similar regions and would be pretty complimentary to each other. So in many ways, the $8 billion deal looks like a good call. But it's a big deal that would roughly double Southern's customer base. And just like every merger, there's a chance that it might not get done. But as a utility, there's even more risk on that score, because regulators from every region in which the two companies operate have to approve the deal. It shouldn't be too big a problem to clear that hurdle, except for the construction issues that Southern has had. That might cause regulators some concern. And don't think that regulatory issues are a non-event, either. As an example of how difficult it can be to get a utility deal done, look at Exelon 's ongoing efforts to close a $6.8 billion acquisition of Pepco Holdings . Essentially, regulators in Maryland and Washington, D.C., are opposing the deal because they believe it will harm the competitive landscape, including investment in renewable power. And while Exelon has made concessions, so far it hasn't been enough to get regulators to approve the deal. There's no reason to believe that Southern's purchase of AGL will go down the same path. But there's always the risk that it could. So until the deal closes, hopefully in the second half of the year, this is another issue that makes Southern look less like a widow-and-orphan stock than you might expect from a boring regulated utility. Southern Company's fuel sources. Source: Southern Company. There's one other major issue that investors need to keep in mind, and that's the changing face of electricity. Once power came mostly from coal, and now it's shifted toward natural gas in recent years, but the long term appears to be renewable power. Southern is working to change its portfolio, but carbon-based fuels still account for most of what it produces. It should have plenty of time to work with its regulators to adjust to a changing power market, but investors still need to keep this big-picture shift in mind when examining Southern. It's an industry-wide risk, but it shouldn't be forgotten. Avoid Southern? None of these issues, even taken together, should stop you from owning Southern Company stock. It's a good company with a long track record of success. However, each of these issues proves that Southern isn't a risk-free investment. If you own this utility or are looking at it for its 4.5% or so yield, just be aware that you need to watch more than your dividend checks if you want to understand the real risks of owning Southern Company. The next billion-dollar iSecret The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . The article How Risky Is Southern Company's Stock? originally appeared on Fool.com. Reuben Brewer has a position in AES. The Motley Fool recommends Southern Company. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright © 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-03-07,18.9781,19.3004,18.8745,19.2262,
EXC,2016-03-08,19.2145,19.4549,18.9243,19.4031,"Will Fresh Proposal from Exelon & Pepco Seal their Merger? In response to the D.C. Public Service Commission's rejection of Exelon CorporationEXC and Pepco Holdings' POM merger deal for the second time, the companies filed a fresh proposal with the Public Service Commission of the District of Columbia. The objective is quite simply to get the go-ahead of the commission and complete this long drawn out merger. New Proposal The companies proposed three approaches, any one of which, if approved, by the commission, would prevent a loss of more than $78 million in direct benefits for the District and Pepco customers. The new proposal retains most of the benefits mentioned in the original settlement and adds some new features so as to maximize gains for the District's residents. The companies have asked the Commission for a final decision by Apr 7. A Recap The merger deal between Exelon and Pepco was announced on Apr 30, 2014, followed not only by approvals from their respective shareholders, but also regulatory nods from the Federal Energy Regulatory Commission as well as the commissions in Virginia, New Jersey, Maryland and Delaware. The merger, which was expected to close by the end of 2015, hit a stumbling block, when the proposal was rejected by the D.C. Public Service Commission citing that it was not going to benefit the District and would convert Pepco into a second tier company. In Sep 2015, the companies filed an appeal with the commission to approve the merger (read: Exelon and Pepco Appeal to clear the final hurdle for Merger ). What's Next? We need to wait for the decision of the commission unless they are already decided on it. There is the ultimate risk of the $6.8 billion merger agreement being cancelled if it is not approved by the D.C. Public Service Commission. Merger in Utility Space Merger and acquisitions are quite common in the utility space, with the big players in the space expanding operations through strategic acquisitions. In Oct 2015, Duke Energy Corporation DUK entered into a definite agreement to acquire Piedmont Natural Gas for nearly $4.9 billion in cash. In the same month, another utility Calpine Corporation CPN announced its intention to acquire Granite Ridge Energy Center from Granite Ridge Holdings, LLC for $500 million. Zacks Rank Exelon Corporation has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report CALPINE CORP (CPN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-03-09,19.3103,19.4743,19.2419,19.3698,
EXC,2016-03-10,19.4139,19.7548,19.3346,19.6854,
EXC,2016-03-11,19.7988,19.8281,19.5233,19.6854,"S&P 500, Dow rally to highest finish of 2016 Main indexes post fourth straight weekly gain The S&P 500 and Dow industrials close at their highest level of the year Friday, while all three main indexes recorded weekly gains for a fourth straight week in a rally largely fueled by a rebound in oil prices."
EXC,2016-03-14,19.6522,19.7655,19.5477,19.6405,"[""Company News for March 14, 2016 \u2022 Pepco Holdings, Inc's ( POM ) shares plunged 9% after D.C. Office of the People's Counsel rejected a proposed $6.8 billion merger between Pepco and Exelon Corp. ( EXC ) \u2022 Shares of Bojangles', Inc. ( BOJA ) jumped 23.6% after posting fourth quarter earnings of $0.22 per share, higher than the Zacks Consensus Estimate of $0.19 \u2022 El Pollo Loco Holdings, Inc's ( LOCO ) shares fell 8.2% after reporting fourth quarter revenue of $86.3 million, missing the Zacks Consensus Estimate of $88 million \u2022 Shares of ULTA Salon, Cosmetics & Fragrance, Inc. ( ULTA ) climbed 17.3% after posting fiscal fourth quarter earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.59 Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PEPCO HLDGS (POM): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report BOJANGLES INC (BOJA): Free Stock Analysis Report EL POLLO LOCO (LOCO): Free Stock Analysis Report ULTA SALON COSM (ULTA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""How Risky Is Duke Energy Corporation's Stock? Image Source: Duke Energy corporate website Duke Energy Corporation's (NYSE: DUK) stock is down some 10% since January 2015. Yet it's one of the country's largest utilities and, over the past few years, it's been shifting its business mix to focus on regulated markets. That means that Duke is getting less and less exciting, but also less and less risky even though Wall Street seems to be taking a pass on the shares. But, really, how risky is Duke Energy Corporation's stock? Not what it was Before Duke bought Progress Energy in mid-2012, it generated around two-thirds of its revenues from regulated markets. That's an important figure to keep in mind, because it shows just how much Duke has changed in a very short period of time; today, its regulated utility business makes up around 90% of revenues. Duke as it stands today. Source: Duke Energy. Why is this important? Because regulated markets are essentially monopolies in which the government tells the incumbent utility how much it can make. On one hand, that limits upside potential, but on the other it leads to a pretty predictable business. So increasing this side of the the operations makes Duke more and more ... boring. Which, for a conservative investor, might be just what the doctor ordered. That said, a good part of this growth has been achieved via acquisition. Buying Progress Energy was a big move, but Duke is currently in the middle of acquiring Piedmont Natural Gas for roughly $5 billion. Around 90% of Piedmont's business is regulated, so that's a plus. And it expands Duke's natural gas business, which should help on the growth side, too. But with any acquisition there's a risk that it could fall through. So Duke's business is getting less risky, but it's taking on transaction risk to do it. That's probably a worthwhile trade-off, but it's something you'll want to keep in mind with this and any future moves. And when it comes to utilities, deals require the approval of regulators in every state or region affected. That's been a real thorn in the side of Exelon , which is trying to acquire Pepco . Regulators in D.C. and Maryland have balked at the deal, claiming it will stymie competition and stall renewable-power investment. Exelon has made concessions, but it hasn't helped, with D.C. regulators voting down the deal in recent days (though it provided steps that could lead to an approval). The same thing could happen to Duke and any other utility that goes the acquisition route. Other ways to get boring ... Which brings up the other 10% of Duke's business. It's split pretty evenly between international power and the company's merchant power business, which sells power to other utilities. These are relatively small businesses now, but they are both far more volatile than the regulated operations. However, even here Duke is trying to make changes. For example, on the international front, the utility recently announced that it intends to find a buyer for part or all of its international business. That would pull the company out of markets such as Brazil, Argentina, and Chile. A strong dollar and country-specific troubles in some of these key markets have made the international side of things a tough sled of late. So getting out is a good idea and will further reduce Duke's risk profile. However, until a deal is inked (and it gets through the entire approval process), you'll want to keep an eye on international. The other 5% or so of the company is focused on the merchant power market. That's been a rough market, too, with low natural gas prices keeping a lid on how much companies can charge for the power they produce. But Duke isn't sitting still. For example, it sold 11 power plants that used carbon-based fuel to Dynegy for $2.8 billion in 2015. That reduced its exposure to the space, but also helped to alter its merchant power profile. In fact, it's still investing in the division -- it's just refocusing. Indeed, Duke is building clean energy plants like solar as it moves away from carbon spewing plants that use coal, oil, and natural gas. As government regulations increasingly push the utility industry toward renewable power, Duke's investments here should be well positioned to benefit from solid demand, long-term contracts, and decent pricing. Of course, construction of any kind comes with risks, and you'll want to watch this space on that front, but overall Duke has even managed to find a way to make its merchant business look less risky. This \""clean\"" shift on the deregulated side, however, highlights a long-term issue that Duke shareholders will also want to watch on the regulated side of things. Today, coal and natural gas powered plants make up around 75% of Duke's owned capacity. Nuclear (about 18%), hydro (7%), and other clean energy options make up the rest. This isn't a bad thing today, but if present social and regulatory trends hold, Duke will increasingly be called upon to decrease its carbon footprint. To be sure, Duke's regulated business has plenty of time to shift gears and the spending it does to \""clean up\"" should lead to top- and bottom-line growth. But you'll want to keep an eye on this big-picture theme even if it evolves over time periods that could be measured in decades. Spend money to make money So overall Duke looks like it's moving down the risk scale by increasing its regulated business, trying to jettison its international assets, and shifting toward renewables in its merchant operations. For a risk-averse utility investor, this is all good news. That said, don't lose sight of the fact that any purchase or sale requires regulatory approvals that could scuttle even the best deal, but that's not something specific to Duke. And while you're at it, you'll also want to remember that regulated utilities generally spend money on new power plants and upgrading infrastructure in order to grow revenues, assuming rate hikes get approved by regulators. With the long-term trend toward clean energy and Duke's current power profile, it could wind up spending a lot over the comes decades. So there are risks here, but they're still similar to what any other utility would face. The real story about risk at Duke, despite what appears to be Wall Street concern, is the shift to get more regulated and ... boring. So boring, in fact, that investors might just be able to sleep well at night. A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . The article How Risky Is Duke Energy Corporation's Stock? originally appeared on Fool.com. Reuben Brewer has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-03-15,19.5604,19.6991,19.4256,19.5544,
EXC,2016-03-16,19.494,19.7518,19.2946,19.7147,
EXC,2016-03-17,19.7606,19.8398,19.5858,19.79,
EXC,2016-03-18,19.8281,19.9013,19.6463,19.7489,
EXC,2016-03-21,19.6991,19.8839,19.6522,19.7714,
EXC,2016-03-22,19.7548,19.9531,19.6298,19.8398,
EXC,2016-03-23,19.8281,20.1232,19.5574,19.6805,"Why Five Below Inc (FIVE), Pepco Holdings, Inc. (POM) and Virgin America Inc (VA) Are 3 of Today’s Best Stocks InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips A stronger dollar plagued riskier assets Wednesday as commodities and stocks sank. Hawkish comments from members of the Federal Reserve continued, likely aiding the greenback's ascent while making the energy sector one of the day's primary downside culprits. Still, Wall Street's losses on the day were not severe, but that might be a sign the recent equity surge is set to wane. The S&P 500 lost 0.64%. That is the eighth day the benchmark U.S. equity index did not move at least 1% in either direction, according to Bloomberg . The Dow Jones Industrial Average gave up 0.45% while the Nasdaq Composite shed 1.1%. There was some upside excitement to be had and Five Below Inc (NASDAQ: FIVE ), Pepco Holdings, Inc. (NYSE: POM ) and Virgin America Inc (NASDAQ: VA ) were among the chief drivers of that excitement. 7 Best Funds for a New Rollover IRA Portfolio Five Below Inc (FIVE) Discount retailer Five Below soared 6.8% on volume that was more than quadruple the daily average after several analysts boosted price targets on FIVE following the company's fourth-quarter earnings release. RBC Capital Markets upped its price target on FIVE to $44 from $42, while Dougherty & Co. boosted its FIVE target to $53 from $45 and Credit Suisse raised its target on the stock to $40 from $39, reports Investor's Business Daily . After the close of U.S. markets Tuesday, FIVE said it earned 77 cents a share on sales of $326.4 million for the fourth quarter, topping Wall Street estimates on both fronts. For the current quarter, FIVE expects to earn 9 cents to 10 cents a share on sales of $186 million to $189 million. Analysts are expecting EPS of 10 cents on sales of $188.27 million. Pepco Holdings, Inc. (POM) Electric utility Pepco Holdings surged 26.8% on turnover that was more than five times the daily average after regulators in Washington, D.C., approved POM's merger with rival Exelon Corporation (NYSE: EXC ). The D.C. Public Service Commission voted 2-1 to approve the $6.8 billion deal. The commission previously said it would not approve the deal, reports Reuters . A combined POM/Exelon creates the largest U.S. electric utility. POM and Exelon are among the dominant utilities in the Mid-Atlantic region in states such as Delaware, New Jersey and Pennsylvania. Virgin America Inc (VA) Airline Virgin America flew higher by 13.2% on more than quadruple the usual volume on news the company is exploring a sale of itself. Richard Branson's VA could evaluate a full or partial sale, according to media reports. California-based VA has been a public company for less than two years. Citing unidentified sources, Bloomberg reports VA is working with advisers after receiving some takeover interest, and the sources added it is possible a sale does not materialize. Analysts quoted by Bloomberg said Delta Air Lines, Inc. (NYSE: DAL ) and JetBlue Airways Corporation (NASDAQ: JBLU ) could be possible buyers of VA. At the time of this writing, Todd Shriber did not own any of the aforementioned securities. More From InvestorPlace 7 Low-Risk Healthcare Stocks to Buy Now8 Stocks to Buy That Are Growing Faster Than NFLX7 Consumer Discretionary Powerhouses Built to Perform The post Why Five Below Inc (FIVE), Pepco Holdings, Inc. (POM) and Virgin America Inc (VA) Are 3 of Today's Best Stocks appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-03-24,19.6805,20.044,19.4686,20.0137,"[""Pepco Holdings, Inc. (POM) and Exelon Corporation (EXC) Gargantuan Merger OK\u2019d InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips The merger of Pepco Holdings, Inc. ( POM ) and Exelon Corporation ( EXC ) has been approved by regulators. Pepco will be integrating into Exelon due to the merger. The company's three gas and electric utilities will remain separate and will continue to keep their current headquarters. The newly-merged company will serve 10 million customers . Exelon will continue to keep Chris Crane as its current president and CEO. However, Pepco CEO Joseph M. Rigby has retired and been replaced by David M. Velazquez. A benefits package worth $430 million will also be passed on to customers. Due to the merger of Pepco and Exelon, POM stock stops trading today, March 24, 2016. POM shareholders will receive $27.25 for each of the shares they own. EXC shares were up slightly as of Thursday morning. More From InvestorPlace: 7 Low-Risk Healthcare Stocks to Buy Now10 Stocks That Could Derail Your Retirement7 Rotten-Egg Stocks to Trash Before Easter The post Pepco Holdings, Inc. (POM) and Exelon Corporation (EXC) Gargantuan Merger OK'd appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Hologic, Centene tick higher on S&P 500 inclusion Shares of Hologic Inc. and Centene Corp. ticked higher in the extended session Thursday after S&P Dow Jones Indices said the companies will join the S&P 500 index . Hologic shares rose 2% to $35.04, and Centene shares advanced 1.5% to $64.71 after hours. Medical-device maker Hologic replaces Pepco Holdings Inc., which was acquired by Exelon Corp. , and health insurer Centene replaces Ensco PLC . The changes take effect on Tuesday.""]"
EXC,2016-03-28,19.9922,20.1163,19.8065,19.9307,"3 Boring Utility Stocks With Sexy Staying Power InvestorPlaceInvestorPlace - Stock Market News, Stock Advice & Trading Tips For income investors, there is beauty in boring. And you can't get much more boring than utility stocks. Electricity, gas and water demand pretty much is constant - in good times and in bad. After all, you still need to heat your home and take a shower no matter what the economy is doing. That consistency results in stable revenues, cash flows and ultimately, dividends for investors that have significant staying power. Source: Flickr It's no wonder why they call utility stocks ""widow and orphan"" companies. But don't be fooled, utility stocks still have plenty of growth in them. New forays into alternative energy, smart grid and energy logistics have given many utility stocks plenty of mojo. Mojo that's translated into some big time capital gains as well. The sector proxy - the Utilities SPDR (ETF) ( XLU ) - is up 55% over the last five years. Big dividends and capital appreciation potential? Sign me up. And other income investors should be signing as well. Utility stocks may look boring, but they could be your portfolios best friend. 6 Cheap Dividend Stocks You Can't Afford to Ignore Here are three seemingly boring utility stocks with staying power. Boring Utility Stocks With Staying Power: NextEra Energy Inc (NEE) Dividend Yield: 2.9% Investors may not consider a 2.9% dividend yield that huge. But consider this: Utility stock NextEra Energy Inc ( NEE ) has managed to grow that dividend 148% since 2005. And it has plenty of opportunities to grow that dividend further into the future. That's because NEE is building a utility to last the long haul. The firm has taken a huge plunge into renewable energy and boasts one of the largest portfolios of wind, solar and co-generation plants in the entire U.S. That huge portfolio - and the juicy tax credits that go with it - have already helped power earnings in previous years. Boosting that renewable commitment further has been its purchase of green energy-heavy utility Hawaiian Electric Industries, Inc. ( HE ) as well as its yieldco NextEra Energy Partners LP ( NEP ). Stuffing all those wind turbines and solar farms into NEP results in tax-advantaged dividends for NEE. The real beauty of doing this is that NEE estimates that gas-related infrastructure and generation and renewable energy will drive earnings growth of as much as 10% per year. And given just how shareholder friendly NEE's management is, that ""paltry"" 2.9% dividend could be worth a lot more down the road. For investors, NextEra is one of best utility stocks you can own. Boring Utility Stocks With Staying Power: FirstEnergy Corp. (FE) Dividend Yield: 4% Cutting a dividend is pretty taboo for utility stocks. So back in 2014, when FirstEnergy Corp. ( FE ) slashed its payout, investors weren't so pleased. The problem was that First Energy was more exposed to wholesale energy prices. Since that time, FE hasn't done anything with that dividend and kept it at the same payout amount. But what it has done is start to revamp its business model. Gone is the focus on wholesale electricity prices. It has been replaced with plenty of regulated electricity exposure, which isn't subject to huge price fluctuations. FE is also undertaking the task of modernizing its fleet of generation assets - which is important since more than 50% of its current portfolio is coal related - as well as boosting its transmission assets. All of these ""Energizing the Future"" items are designed to cut future costs and help grow earnings. FE is already starting to see some of the benefits of this fruit: Total operating cash flows have improved over the last few years since the cut. 9 Monthly Dividend Stocks to Help Pay Monthly Bills For investors, it means that this utility stock could finally be getting its act together and could return to dividend growth in the near term. Boring Utility Stocks With Staying Power: Exelon Corporation (EXC) Dividend Yield : 3.5% After nearly two years and a nasty dividend cut, Exelon Corporation ( EXC ) is now king of the utility stocks. Its recently closed deal to buy rival Pepco Holdings, Inc. ( POM ) has made it the largest utility in the United States based on the amount of customers . The massive deal with POM is amazing for EXC as it removes many of the reasons why it cut its dividend in the first place - namely, pricing risk. EXC was one of largest merchant power utility stocks. And as a leader in this area, its business - and cash flows - were determined by variable pricing of electricity. In boom times, it's a great business. During busts, not so much. To reinvent itself, EXC purchased Constellation Energy Group, Inc. and now, Pepco. That makes it a much more balanced utility - featuring a now even split between regulated and merchant power operations. That provides steady earnings as well as the potential for boosts during pricing peaks. What's even better is that Exelon is coal free and features zero generation facilities using the fuel. That frees it from a bunch of nasty potential regulation. That will help it reduce costs over the longer term. The reinvention has another big win for investors: more cash to shareholders. EXC's payout ratio is now down to just 50% - leaving plenty of room for an increase. The post 3 Boring Utility Stocks With Sexy Staying Power appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-03-29,19.9757,20.2775,19.7548,20.2296,
EXC,2016-03-30,20.2638,20.2716,20.0723,20.0821,"10 Best Stocks In the S&P 500 So Far InvestorPlaceInvestorPlace - Stock Market News, Stock Advice & Trading Tips It has been a rocky year for the stock market in general, with the benchmark S&P 500 index only recently fighting back into the black after steep declines to start 2016. But for some investors holding some of Wall Street's top performers, it has been a mighty good year. A handful of select picks have seen returns of 30%, 40% even 50% since Jan. 1. Many of these stocks are names that deteriorated across 2015, and only recently have seen a rebound in shares. Several are energy companies that have been suffering under falling oil and gas prices. Several more are retailers that have been punished by the rise of e-commerce, as well as strategic missteps. But all have seen a big bounce that coincided with the start of a new year. Where these picks go from here is anyone's guess, given all the uncertainty at home around the Federal Reserve and interest rates, not to mention the risk of trouble abroad - including a slowdown in China and Brazil's worst recession in roughly a century. 10 Stellar Dow Jones Stocks to Buy for Q2 But if you're looking for the winners so far, here's the list of the 10 best stocks among the S&P 500 companies right now. Best S&P 500 Stocks: No. 10 - Macy's, Inc. (M) Source: Mike Mozart via Flickr Market Cap: $14 billion Sector: Retail 2016 Performance: +26% vs. +1% for the S&P 500 Department store chain Macy's Inc. (NYSE: M ) struggled mightily in the second half of 2015 as the company missed big on Q2 earnings and lowered its outlook and plummeted to its lowest share price since 2012. However, hopes of a turnaround were sparked in part by a spate of store closings and layoffs that should boost profitability. Furthermore, an abysmal holiday quarter to finish 2015 has many investors thinking things can't get much worse. As with other rebounding retail names on this list, the future remains uncertain - so investors shouldn't necessarily think outperformance since January will continue in 2016. Best S&P 500 Stocks: No. 9 - Cabot Oil & Gas Corporation (COG) Market Cap: $11 billion Sector: Oil & Gas Exploration 2016 Performance: +28% vs. +1% for the S&P 500 Cabot Oil & Gas Corporation (NYSE: COG ) is the first of several once-battered commodity stocks that have seen a resurgence in 2016. Unlike other energy development and exploration companies, Cabot has managed to operate at or near profitability despite the crash in oil and gas prices over the last year. Also with total debt of roughly $2 billion on a market cap of about $11 billion, its borrowing ratio is much healthier than other stocks that are facing a credit crunch. 10 Dividend Stocks to Buy for the Second Quarter Time will tell if this is anything more than a short-term snap back now that crude oil prices have stabilized, but for now COG is looking good. Best S&P 500 Stocks: No. 8 - Exelon Corporation (EXC) Market Cap: $33 billion Sector: Electric Utilities 2016 Performance: +28% vs. +1% for the S&P 500 You don't normally see a sleepy utility company as one of the top performers in the S&P 500. However, Exelon Corporation (NYSE: EXC ) was navigating a rather troublesome merger proposal with Pepco Holdings, Inc. (NYSE: POM ) that was in danger a few months ago as a top U.S. agency urged regulators to reject the deal in December. Exelon shares slumped quickly on that news, but after some more hearings and finagling, the deal ultimately was approved and EXC stock recovered. It just happened to be around the start of a new year, giving Exelon a great return since Jan. 1. But don't expect that kind of outperformance to continue in this utility stock - even if a merger will ultimately yield long-term benefits. Best S&P 500 Stocks: No. 7 - PVH Corp (PVH) Source: Mike Mozart via Flickr Market Cap: $8 billion Sector: Apparel 2016 Performance: +33% vs. +1% for the S&P 500 PVH Corp (NYSE: PVH ) may not be a household name, but its flagship brands including Calvin Klein and Tommy Hilfiger certainly are. Additionally, PVH also has licensing agreements with third-party brands of note including DKNY and Nautica . 10 Blue-Chip Stock Charts to Watch in Q2 The stock had been rising nicely in 2016 on general strength for the consumer discretionary sector and hopes for a solid earnings report, and those feelings were validated by its fourth earnings beat in a row this March. Best S&P 500 Stocks: No. 6 - Range Resources Corp. (RRC) Market Cap: $5 billion Sector: Oil & Gas Exploration 2016 Performance: +34% vs. +1% for the S&P 500 With weak energy prices, exploration firms like Range Resources Corp. (NYSE: RRC ) have been in a bad way lately. After all, if it costs big money to extract fossil fuels from the ground but you only make a pittance selling that oil and gas, there's little you can do to make things better for your business. However, RRC is in better shape than many exploration companies out there given its comparatively lower debt levels to some peers. Sure, it is still deeply unprofitable, but big natural gas reserves coupled with cost cutting and smart hedging against low energy prices seems to have won over some investors. The outlook is far from rosy, however, as low energy prices seem to be persistent and will keep RRC troubled for some time. Best S&P 500 Stocks: No. 5 - Wynn Resorts, Limited (WYNN) Source: Aurlmas via Flickr (Modified) Market Cap: $10 billion Sector: Hotels & Resorts 2016 Performance: +36% vs. +1% for the S&P 500 Casino operator Wynn Resorts, Limited (NASDAQ: WYNN ) made some aggressive bets on China, with construction of new facilities in the gaming mecca of Macau adding big debts to the balance sheet. However, with a regulatory crackdown and a slowing Chinese economy in recent years, WYNN has been under pressure in a big way. 7 A-Rated Stocks to Buy and Hold for Q2 and Beyond! Shares bottomed out at the end of 2015 and early 2016, however, and have been recovering after better-than-expected Q4 earnings in February and hopes of a turnaround. Best S&P 500 Stocks: No. 4 - Michael Kors Holdings Ltd (KORS) Source: Mike Mozart via Flickr (Modified) Market Cap: $10 billion Sector: Apparel 2016 Performance: +42% vs. +1% for the S&P 500 High-end apparel company Michael Kors Holdings Ltd (NYSE: KORS ) saw a phenomenal run after its IPO at the end of 2011, and then a phenomenal flop from a high of nearly $100 a share in 2014 to a low of just under $35 to start this year. Now, the mojo is back for this volatile consumer company, however, with shares up impressively in 2016 after Q4 earnings in February surprised Wall Street and resulted in a more than 20% gain in a single session. Fashion can be fickle, so the future is uncertain, but for now KORS is looking good. Best S&P 500 Stocks: No. 3 - Urban Outfitters, Inc. (URBN) Source: Mike Mozart via Flickr (Modified) Market Cap : $4 billion Sector: Retail 2016 Performance: +45% vs. +1% for the S&P 500 Retailer Urban Outfitters, Inc. (NASDAQ: URBN ) is another rebound play that had fallen on hard times but recently has seen a rebound. From early 2015 through early 2016, URBN stock fell dramatically from a high around $47 to a low around $20. 8 High-Quality, High-Dividend Stocks to Buy for Q2 But if disappointing earnings and slowing momentum were bad for the stock last year, the exact reverse has been true this year as URBN soared over 17% in one day on a big earnings beat just a few weeks ago. Best S&P 500 Stocks: No. 2 - Newmont Mining Corp (NEM) Source: Randi Ang via Flickr (Modified) Market Cap: $14 billion Sector: Metals & Mining 2016 Performance: +48% vs. +1% for the S&P 500 After growing its top line for the first time since 2011 in its Q4 earnings report , Newmont Mining Corp (NYSE: NEM ) is doing wonders for investors thanks to a rebound in the price of gold and copper prices generally. Furthermore, a shift in investor sentiment towards more ""risk off"" trades has favored gold miners and bullion prices across the board as alternatives to a choppy stock market. Looking forward, after NEM beat on its top line forecast in February, it could see continued strong performance if commodity prices remain stabilized. Best S&P 500 Stocks: No. 1 - Freeport McMoRan Inc (FCX) Source: Nick Bastian via Flickr (Modified) Market Cap: $13 billion Sector: Metals & Mining 2016 Performance: +53% vs. +1% for the S&P 500 Freeport-McMoRan Inc (NYSE: FCX ) had been in near-perpetual free-fall since the Great Recession as commodity prices crashed and big bets on energy soured amid weak oil prices. In fact, there were even fears that debt levels were unsustainable and the company could collapse. However, FCX stock finally saw some signs of life as it looked to reorganize its debt and actually showed higher-than-expected earnings at the beginning of 2016. A bounce in commodity prices coupled with plans to slash its costs and production have helped Freeport rebound significantly. 7 Low-Risk Healthcare Stocks to Buy Now Where it goes from here is anyone's guess, however, since the company could still face cash flow problems if things change for the worse once again. Jeff Reeves is the editor of InvestorPlace.com and the author of The Frugal Investor's Guide to Finding Great Stocks . Write him at editor@investorplace.com or follow him on Twitter via @JeffReevesIP . As of this writing, he did not hold a position in any of the aforementioned securities. The post 10 Best Stocks In the S&P 500 So Far appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-03-31,20.1456,20.3772,20.1456,20.3273,"Many International Stock Investment Gems Are Niche Businesses Based on performance, foreign and global stock funds are worth trolling for individual stock investment ideas and as someplace you can invest part of the diversified portion of your overall portfolio. World stock mutual funds tracked by Morningstar Inc. are outperforming U.S. diversified stock mutual funds so far this year, going into Thursday. World stock funds averaged a 0.31% gain year-to-date. U.S. diversified stock funds were down 0.36% on average. Anticipating investor appetite in this space, Loomis Sayles just launched its Global Growth Fund ( LSGGX ), run by marquee manager Aziz Hamzaogullari . One key tactic for outperformance has been investing in companies that are dominant in their space or niches. The $1.3 billion Russell Global Infrastructure ( RGIAX ) -- whose 8.62% gain so far this year puts it among the best performing funds in the world stock fund category -- holds several names doing that. OHL Mexico manages toll roads and is involved in running Toluca International Airport. Shares are up 50% so far this year. Earnings per share rose 3% in the latest quarter, after having fallen in three of the prior four stanzas. Companhia de Saneamento Basico do Estado de Sao Paulo ( SBS ) is a Brazilian company supplying water and sanitation to 364 municipalities in Sao Paulo, covering residential, commercial, industrial, public and wholesale customers. Its ADRs are up 44% so far this year, but trading below 10. EPS growth soared 750% in the fourth quarter after declining for eight frames. With its global focus, this fund also gives investors exposure to U.S. stocks. Utility Exelon ( EXC ), which operates nuclear and conventional power-generation facilities in Pennsylvania, Maryland and Illinois, is up 29% so far this year. To keep up long-term outperformance, some funds focus on minimizing losses during down markets. Brown Capital Management's Martin Steinik, a manager of $34.2 million International Equity ( BCIIX ) and $2.8 million International Small Company (BCSFX), says he has aimed to do that by focusing on high-margin companies in consumer categories, technology and health care. ""And we've shied away from capital intensive commodity stocks, raw materials and banks -- money is a commodity,"" he said. ""And we look for quality on a balance sheet. We don't like companies with a lot of leverage."" In any environment, Steinik and his teammates look for companies that are dominant in their space. That's led the fund to such names as Checkpoint Software (CHKP). The Israeli provider of Internet security software, hardware and services is up 6% so far this year. Demand for its products and services has helped keep EPS growth at 11% to 13% for four quarters. Kone Oyj is a Finland-based provider of elevators, escalators and other machinery and services. Shares are up 7% this year. EPS grew 0%, 22% and 79% the past three quarters. Danish drugmaker Novo Nordisk is a dominant provider of insulin for treatment of diabetes. Shares are down 10% so far this year. Many world stock funds are small. The average asset size of funds in Morningstar's world-stock category is $1.2 billion. But 45% of the 335 funds in this category have less than $100 million in assets. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-04-01,20.2569,20.3772,20.0371,20.215,"Most stocks rose during the first quarter — surprised? Despite all the panic in January and February, the S&P 500 had a decent first quarter Despite all the panic in January and February, the first quarter was a decent one for the market, writes Phil van Doorn."
EXC,2016-04-04,20.2296,20.2775,20.0665,20.13,"Utilities Select Sector SPDR Fund Experiences Big Inflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $179.3 million dollar inflow -- that's a 2.2% increase week over week in outstanding units (from 165,674,160 to 169,274,160). Among the largest underlying components of XLU, in trading today NextEra Energy Inc (Symbol: NEE) is off about 0.5%, Exelon Corp (Symbol: EXC) is up about 0.2%, and American Electric Power Company, Inc. (Symbol: AEP) is lower by about 1%. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $40.80 per share, with $49.88 as the 52 week high point - that compares with a last trade of $49.44. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-04-05,20.0254,20.0313,19.5858,19.6111,
EXC,2016-04-06,19.5544,19.619,19.3229,19.449,"Stock Market News for April 06, 2016 Benchmarks closed in the red on Tuesday for the second straight session following concerns over weak global economic growth. Dismal European and Japanese economic data affected the U.S. markets negatively. Also, weak first quarter earnings guidance dragged key indexes downward. While the Dow fell three-digit points for the first time since March 8 and registered biggest one-day decline since Feb 23. However, oil prices rally and better-than-expected U.S. service data had a positive impact on benchmarks. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) decreased 0.8%, or 133.68 points, to close at 17,603.32. The S&P 500 fell 1% to close at 2,045.17. The tech-laden Nasdaq Composite Index closed at 4,843.93, also losing 1%. The fear-gauge CBOE Volatility Index (VIX) increased 9.2% to settle at 15.42, hitting its highest level since Feb 8. A total of around 7.2 billion shares were traded on Tuesday, marginally lower than the last 20-session average of 7.3 billion shares. Decliners outpaced advancing stocks on the NYSE. For 67% stocks that declined, 29% advanced. All the key indexes declined yesterday following declines in overseas markets. Both the European and Japanese stocks indexes fell following weaker-than-expected economic data. According to Markit, Europe's final composite March PMI for output came in at 53.1, lower than flash estimate of 53.7, whereas PMI for services of 53.1, less than flash estimate of 54. Moreover, Nikkei Japan Services PMI declined from 51.2 in February to 50 in March. Disappointing output and services data had a negative impact on key indexes in both Europe and Japan. Germany's DAX slumped 2.6%, its biggest loss since Feb 24, while the Stoxx Europe 600 declined 1.9% to its lowest settlement since Feb 25. Also, the STOXX Europe 600 Banks index fell 3.4% and Japan's Nikkei Stock Average declined 2.4%. Additionally, lackluster earnings outlook for the first quarter dampened investor sentiment. Total first quarter earnings for the S&P 500 index are expected to be down 10.3% from the same period last year on 2% lower revenues. The weakglobal marketperformance had a negative impact on the U.S. markets. The Utilities Select Sector SPDR (XLU) lost 1.9% and was the biggest loser among the S&P 500 sectors. Key utilities stocks including NextEra Energy, Inc. ( NEE ), Duke Energy Corporation ( DUK ), Southern Company ( SO ), Dominion Resources, Inc. ( D ), Exelon Corporation ( EXC ) and PG&E Corporation ( PCG ), decreased 2%, 1.5%, 1.7%, 2.1%, 2.6% and 2.2%, respectively. Further, concerns over lower interest rates dragged financial stocks down globally. The Financial Services Select Sector SPDR (XLFS) declined 1.5% and was second biggest loser among the S&P 500 sectors. Top holdings from the sector such as Berkshire Hathaway Inc. ( BRK.B ), Bank of America Corporation ( BAC ), Wells Fargo & Company ( WFC ), Citigroup Inc. ( C ) and Chubb Limited ( CB ) decreased, 1.4%, 2.4%, 2%, 1.3% and 2.2%, respectively. Dow components JPMorgan Chase & Co ( JPM ) and Goldman Sachs Group, Inc. ( GS ) fell 1.4% and 1.5%, respectively. Separately, oil prices advanced yesterday following increasing hopes over a possible production freeze in the Doha meeting. Oil prices rebounded after Kuwaiti governor for the OPEC, Nawal Al-Fuzaia, said that ""there are positive indications an agreement will be reached"" on production freeze in the meeting on April 17 in Doha. Both the WTI crude and Brent crude increased by 0.5% to $35.89 per barrel and $37.87 a barrel, respectively. However, concerns over oversupply and Iran's indication to continue to increase crude production curbed some of the gains in oil prices. In economic news, the Institute for Supply Management reported that ISM Services Index increased from 53.4% in February to 54.5% in March, witnessing its highest level in last three months. Additionally, the reading was in line with the consensus estimate. Also, the Markit services PMI rose from February's reading of 49.7% to 51.3% in March. Meanwhile, the U.S. Census Bureau reported that trade deficit increased in February to $47.1 billion from $45.9 billion in February, more than the consensus estimate of a decrease to $46.1 billion. Moreover, it was the highest trade deficit since last August. In corporate news, shares of Allergan plc ( AGN ) fell 14.8%, after the announcement of new steps by the U.S. Treasury Department to control tax ""inversion"" deals. Following U.S. Treasury Department's new rules, Pfizer Inc. ( PFE ) cancelled its $160 billion takeover deal of Allergan. Shares of Pfizer increased 2.1%, becoming the biggest advancer among the Dow companies. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NEXTERA ENERGY (NEE): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report BERKSHIRE HTH-B (BRK.B): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report CITIGROUP INC (C): Free Stock Analysis Report CHUBB LTD (CB): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report GOLDMAN SACHS (GS): Free Stock Analysis Report ALLERGAN PLC (AGN): Free Stock Analysis Report PFIZER INC (PFE): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-04-07,19.449,19.6111,19.4031,19.4686,"Why Exelon Corporation's Shares Popped 14% in March Now what: While investors were excited for the Exelon-Pepco merger to finally be over, it points to a larger problem utilities face nationwide. Competition from energy innovations like rooftop solar and even energy efficiency has led to flat, or even declining, demand for the country as a whole. For companies like Exelon to find growth they have to acquire growth or push through rate increases. If rates go up, it makes competing energy sources more attractive to consumers, perpetuating the downward cycle. Exelon isn't terribly expensive at 13.5 times trailing earnings, but it does have over $26 billion in debt, which will expand after this deal, and that increases long-term risk. Given the trend of little to no growth in terms of electricity consumption, this is a stock I'll avoid for now. I just see too much disruption coming down the pipeline, and that could hurt profitability long-term. A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . The article Why Exelon Corporation's Shares Popped 14% in March originally appeared on Fool.com. Travis Hoium has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright © 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-04-08,19.5955,19.8622,19.5955,19.6708,"Exelon Corp's 6.20% Trust Preferred Securities Ex-Dividend Reminder On 4/12/16, Exelon Corp's 6.20% Trust Preferred Securities (Symbol: BGE.PRB) will trade ex-dividend, for its quarterly dividend of $0.3875, payable on 4/15/16. As a percentage of BGE.PRB's recent share price of $26.13, this dividend works out to approximately 1.48%, so look for shares of BGE.PRB to trade 1.48% lower - all else being equal - when BGE.PRB shares open for trading on 4/12/16. On an annualized basis, the current yield is approximately 5.91%, which compares to an average yield of 4.79% in the ""Utilities"" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of BGE.PRB shares, versus EXC: Below is a dividend history chart for BGE.PRB, showing historical dividends prior to the most recent $0.3875 on Exelon Corp's 6.20% Trust Preferred Securities: According to the ETF Finder at ETF Channel, Exelon Corp (Symbol: EXC) makes up 6.28% of the Uranium+Nuclear Energy ETF ( NLR ) which is trading higher by about 0.4% on the day Friday. In Friday trading, Exelon Corp's 6.20% Trust Preferred Securities (Symbol: BGE.PRB) is currently down about 0.5% on the day, while the common shares (Symbol: EXC) are up about 1.4%. Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-04-11,19.6805,19.8672,19.5477,19.5799,
EXC,2016-04-12,19.5662,19.9102,19.5086,19.8839,"Noteworthy ETF Inflows: XLU, NEE, AEP, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $231.0 million dollar inflow -- that's a 2.8% increase week over week in outstanding units (from 169,274,160 to 174,024,160). Among the largest underlying components of XLU, in trading today NextEra Energy Inc (Symbol: NEE) is up about 0.1%, American Electric Power Company, Inc. (Symbol: AEP) is up about 0.2%, and Exelon Corp (Symbol: EXC) is higher by about 0.3%. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $40.80 per share, with $49.88 as the 52 week high point - that compares with a last trade of $48.64. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-04-13,19.8906,19.8906,19.619,19.703,"Negative Electricity Rates -- Now We've Seen Everything For the past few years, we've seen a trend of certain states reducing wholesale power rates to negative prices -- which affects, more than anyone else, coal and nuclear power plants. In this segment from the Industry Focus: Energy podcast, Sean O'Reilly, Taylor Muckerman, and Tyler Crowe explain which states are doing this and why, what it means for the coal and nuclear plants in those states, and how some companies are facing up to the new challenges these regulations impose on them. A transcript follows the video. A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . This podcast was recorded on April 7, 2016. Sean O'Reilly: I don't know why I didn't know about this, but apparently, at certain times -- I think it happened in California 12 times a year or two ago -- but negative rates for power and wholesale power markets in certain states like California, Texas, it's happening a little bit in the Northeast. I was interested to read that it's basically a way to incentivize coal and nuclear plants to shut down. Taylor, can you add some color here? Are you nervous if you own a nuclear plant at this point? Negative rates. Telling you to shut your damn -- pardon my French. Taylor Muckerman: I think my degree of nervousness would go coal, nuclear, natural gas, because (a) coal is already on the decline. Coal companies are going bankrupt in the U.S., seemingly every month. Europe is severely waning on coal production, and they were the founders of coal power. You still have India and countries that are developing using coal, but slowing growth there. China is starting to seem like it's peaking on coal power production. That would be the most nervous I would be. Tyler Crowe: It actually flatlined. O'Reilly: Oh yeah, they're a little tired of the pollution, among other things. (laughs) Muckerman: Yeah, when you can't see five feet in front of your face, I think it's time for a wake-up call. O'Reilly: I went to Beijing like five years ago, it's true, all of it, it's true. Muckerman: You have reports of Zuckerberg going on the Smog Run when he was in China to talk about climate change, and obviously, Facebook getting into China. O'Reilly: Did he actually go on a jog in Beijing? Muckerman: Yeah, it was some of the leaders from China, and they called it the Smog Run, because the pollution was so bad. But, I mean, you had to expect this to happen sooner or later, because sun and wind -- well, sun is kind of predictable. The clouds, obviously, obstruct it a little. But wind is less predictable. You could have peak times of both at the same time, and you can't shut down a nuclear plant willy-nilly. So, yeah, I think it's time to start getting nervous, at least in states that have seen the most growth from both. I think if it's just solar or if it's just wind, you probably have a few years before you need to get worried. O'Reilly: At what point do nuclear plants and natural gas plants start complaining to the government? Muckerman: They've been complaining. O'Reilly: Yeah. But, granted, the cost of solar has gone down. I think we read it was like 1/150th of the cost of solar in the 1970s. (laughs) Do you guys remember that James Bond film, I think it was The Man with the Golden Gun ? Crowe: Oh yeah, I remember that. O'Reilly: It was like, the Solex, the little gadget? Forty years later, we finally got our solar power like James Bond had. Muckerman: The happening, yeah. O'Reilly: But one of the reasons wind has been so big is because of these tax credits that have been going on. Buffett talks about them as part of his rationale for doing all the investments that he's done in solar. Muckerman: It's funny, you see the tax credits get extended into perpetuity just so we could export oil. But how long is that oil exportation really going to be a big deal? We're still importing a ton, we haven't really exported -- I mean, we exported a fraction... O'Reilly: We just started, a little bit. Muckerman: Yeah. But I think, in the long run, obviously, those credits are going to be a much bigger deal to fossil fuels than oil exports are going to be. O'Reilly: What have you heard? Are natural gas companies -- and, obviously, coal companies are... Muckerman: Well, I think with natural gas, you can flip the switch on and off a little easier. O'Reilly: Right. But if you're nuclear, at what point are you like, ""What the heck, federal government?"" Muckerman: Yeah, I think long term, you're probably up a creek unless you can figure out a way to turn it off and on. Crowe: And there isn't just one single nuclear company. Most utilities have some sort of diversified generation, because you have your base load, which is your nuclear power... Muckerman: Exelon , I think, is a good example. They're starting to grow renewable, but they are the largest nuclear power provider in the country. Crowe: Right, so you have that base load power, and then you go into your more variable power sources like your natural gas and your solar and wind, so that when solar and wind are getting a lot of power from that, you've got that little bit of base load power from nuclear to support, and then on the peak times, which is basically when you start to get waning production from solar and wind during certain times of the day, then you can ramp back up with natural gas. Having that diversified generation portfolio can help offset having the issue of just being a pure nuclear player. O'Reilly: Right. Utilities clearly just need to get in on the game in order to survive and make sure they're... Crowe: Most definitely. Muckerman: I went to the Pittsburgh Pirates Cardinals opening day on Sunday, and we were obviously in coal country driving through Pittsburgh, and there was a huge billboard that was like, ""Wind stops, suns set, coal is forever."" And I was like, ""Oh God, please tell me that billboard is a decade old."" They're still trying. O'Reilly: I can't believe somebody is still writing the check for that. Who's writing the check for that? Muckerman: Coal companies, coal producers. O'Reilly: Yeah, but they're bankrupt! What's going on here?! Muckerman: Well, I don't think billboards are the highest-priced advertising model anymore. It's probably is the lowest-hanging fruit to put a word out. O'Reilly: Oh, it's like a dying model and a dying model teaming up! Oh, this is funny. Muckerman: One would imagine, yeah. It wasn't even one of those flashy billboards that changes three different times as you drive by; it was just paper painted up there. O'Reilly: (laughs) Just a straight-up billboard, yeah. The article Negative Electricity Rates -- Now We've Seen Everything originally appeared on Fool.com. Taylor Muckermanhas no position in any stocks mentioned.Tyler Crowehas no position in any stocks mentioned.Sean O'Reillyhas no position in any stocks mentioned. The Motley Fool owns shares of and recommends Facebook. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy. Copyright © 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-04-14,19.703,19.9073,19.6747,19.8037,
EXC,2016-04-15,19.8037,19.8037,19.4743,19.4803,"AGL Resources-Southern Company Deal Approved in Georgia Atlanta, GA-based energy services holding company, AGL Resources Inc.GAS and a leading energy utility firm Southern Company SO jointly announced that the Georgia Public Service Commission has unanimously approved their $12 billion proposed merger. The merger, when completed, will make Southern Company the second-largest U.S. utility after Exelon Corporation EXC , which is the largest. Notably, the companies received unanimous regulatory approval for the proposed merger from the California Public Utilities Commission last month. The merger, which is expected to close by the second half of 2016, will combine 11 regulated electric and natural gas distributions. The integrated entity will serve about nine million customers and is expected to have an electricity generating capacity of about 44,000 MWs. Once merged, the companies would operate close to 200,000 miles of electric transmission and distribution lines and would also integrate more than 80,000 miles of gas pipelines. In Aug 2015, Southern Company entered into an agreement to acquire AGL Resources. Per the original terms of the deal, the stockholders of AGL Resources will receive $66 per share. The company would become the third-largest operating subsidiary of Southern Company. Post acquisition, AGL Resources will continue working with its own management team. This merger is expected to bring new growth opportunities for the firm. Also, the combination with Southern Company should enhance shareholder value. Moreover, the pending acquisition will also help in developing the infrastructure necessary to send low-priced natural gas to areas where it is increasingly needed. AGL Resources, which was founded in 1856, focuses on gas distribution as its principal business. Following the Dec 2011 acquisition of Naperville, IL-based Nicor Inc., the company became the largest domestic natural gas-only distribution entity with about 4.5 million customers across seven states. Currently, AGL Resources holds a Zacks Rank #3 (Hold), implying that the stock will perform in line with the broader U.S. equity market over the next one to three months. A favorably placed stock in the energy sector is ONE Gas, Inc. OGS .This stock holds a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report AGL RESOURCES (GAS): Free Stock Analysis Report ONE GAS INC (OGS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-04-18,19.363,19.5721,19.2008,19.5174,
EXC,2016-04-19,19.6073,19.8212,19.5106,19.7254,"Commit To Buy Exelon Corp At $27, Earn 5.7% Using Options Investors eyeing a purchase of Exelon Corp (Symbol: EXC) stock, but cautious about paying the going market price of $34.69/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $27 strike, which has a bid at the time of this writing of $1.55. Collecting that bid as the premium represents a 5.7% return against the $27 commitment, or a 3.3% annualized rate of return (at Stock Options Channel we call this the YieldBoost ). Selling a put does not give an investor access to EXC's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. And the person on the other side of the contract would only benefit from exercising at the $27 strike if doing so produced a better outcome than selling at the going market price. ( Do options carry counterparty risk? This and six other common options myths debunked ). So unless Exelon Corp sees its shares decline 21.9% and the contract is exercised (resulting in a cost basis of $25.45 per share before broker commissions, subtracting the $1.55 from $27), the only upside to the put seller is from collecting that premium for the 3.3% annualized rate of return. Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $27 strike is located relative to that history: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2018 put at the $27 strike for the 3.3% annualized rate of return represents good reward for the risks. We calculate the trailing twelve month volatility for Exelon Corp (considering the last 253 trading day closing values as well as today's price of $34.69) to be 25%. For other put options contract ideas at the various different available expirations, visit the EXC Stock Options page of StockOptionsChannel.com. In mid-afternoon trading on Tuesday, the put volume among S&P 500 components was 1.00M contracts, with call volume at 1.00M, for a put:call ratio of 0.75 so far for the day, which is above normal compared to the long-term median put:call ratio of .65. In other words, if we look at the number of call buyers and then use the long-term median to project the number of put buyers we'd expect to see, we're actually seeing more put buyers than expected out there in options trading so far today. Find out which 15 call and put options traders are talking about today . Top YieldBoost Puts of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-04-20,19.7254,19.7831,19.1304,19.1754,"[""Exelon (EXC) Unit to Construct 10MW Battery Storage Facility Exelon Generation, a unit of diversified utility Exelon CorporationEXC , has teamed up with Renewable Energy Systems (\""RES\""), a leading project developer & constructer, for the construction of a 10-megawatt (\""MW\"") battery storage facility in Clinton County, OH. Advantage of a Battery Storage Facility A battery storage facility is an innovative technology aimed at providing fast-response frequency regulation service to help electric grid operators manage the temporary mismatch between load and generation across the grid. In other words, it will help to protect the grid and ensure proper distribution of electricity from the grid even during load variations. Details of the Project The Clinton battery storage project will be powered by Samsung SDI's battery energy storage system, which uses more than 16,000 high-power lithium-ion batteries to ensure performance of the highest quality. The facility will also utilize five Parker Hannifin 2-MW power conversion systems to enhance efficiency and provide longer life. Construction of the project is scheduled to begin in the second quarter of 2016 and it is expected to come online by the end of this year. Exelon will have nearly 20 MW of battery storage capacity in its portfolio with the completion of this project. This comprises the 10-MW Clinton battery storage project and 10 MW through its competitive energy company, Constellation. Other Initiatives To reduce dependence on its nuclear fleet, Exelon is presently focused on expanding its renewable capacity. The company has recently purchased the 198MW Bluestem wind farm in Beaver County, OK from RES. The facility is scheduled for completion by 2016 end. To enhance service reliability, the company invests substantially in infrastructure projects. Exelon plans to spend $18 billion, which includes smart meter installation in its existing facilities over the next five years. However, with the recent acquisition of Pepco Holdings , capital investment will likely shoot up to $25 billion over this time frame. Nevertheless, such modernization initiatives are expected to boost Exelon's performance significantly over the long haul. Zacks Rank & Key Picks Exelon Corp. currently carries a Zacks Rank #4 (Sell). Some better-ranked stocks in the same space include Atlantic Power Corp. AT , CMS Energy Corp. CMS and CenterPoint Energy, Inc. CNP , each carrying a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CMS ENERGY (CMS): Free Stock Analysis Report CENTERPOINT EGY (CNP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report ATLANTIC PWR CP (AT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""8 Bargain Dividend Stocks to Buy Now InvestorPlaceInvestorPlace - Stock Market News, Stock Advice & Trading Tips The markets are doing everything they can to crack into fresh all-time highs, and investors are rushing up the momentum mountain to capitalize on the bull run. Source: 401(K) 2012 via Flickr However, if the market has taught us anything over the past decade, it's that a market can turn back from high levels at the drop of a hat, and with it go the momo stocks. That's why it's always wise to make sure you're also targeting some high-yield, low-beta dividend stocks to buy. Ignore the likes of Tesla Motors Inc ( TSLA ) and Facebook Inc ( FB ) right now. Some of the market's best opportunities right now are actually boring, bargain dividend stocks that are delivering ample yield. In the interests of seeking out a little investor protection - yes, even in the midst of a raging bull run - we'll look at eight dividend stocks to buy that are offering nice yields and low valuations. The 10 Best Stocks to Buy for the Next 10 Years These are stocks that belong in any portfolio, in order of yield: Bargain Dividend Stocks to Buy: Johnson & Johnson (JNJ) Dividend Yield: 2.7% Johnson & Johnson ( JNJ ) trades at 16.5 times FY2017 EPS, which you'll see soon enough does not seem cheap compared to others on this list. That does not look cheap compared to others on this list. However, when you consider the scale of its consumer business, and that competitor Procter & Gamble Co ( PG ) trades at 20 times forward earnings \u2026 well, JNJ stock looks a little cheaper. Furthermore, Johnson & Johnson has a massive biopharmaceutical business that trades at the same attractive multiple, in an industry that is quite expensive, with stocks that often trade at 20 times forward earnings. So while JNJ is slightly more expensive than the others in this conversation, and its dividend of 2.7% is a little lower, you have to consider the industries in which the company operates. You also have to consider that Johnson & Johnson should be announcing its 54th consecutive annual dividend increase sometime in the near future - so that's a decent yield on a bulletproof payout. Once you do that, you understand why JNJ actually made the cut as a bargain dividend stock. Bargain Dividend Stocks to Buy: Exelon (EXC) Dividend Yield: 3.6% Exelon Corporation ( EXC ) is one of the country's largest electric utility companies, and it is also one of the cheapest at just 13 times next year's earnings. Meanwhile, its trailing P/E, which is roughly the same as its forward metric, is about 4 points lower than the sector average. For the record, there is nothing particularly impressive or exciting about EXC. This is merely a defensive play against the market - one that sports a meager beta of just 0.21, which implies the stock is 21% as volatile as the broader market. 7 Dividend Stocks With Oodles of Room to Grow Exelon jaded investors with a big dividend cut from 52.5 cents per share quarterly in 2013 to 31 cents - a payout that has remained stagnant ever since. However, the company still yields 3.6%, and many investors believe a hike is finally on the way. Bargain Dividend Stocks to Buy: Macy's (M) Dividend Yield: 3.6% There may be not be a more iconic brand than Macy's, Inc. ( M ). From its Thanksgiving parade to the world's largest department store in Manhattan, Macy's is a company that is built to last. However, that does not mean it won't face challenges. Earlier this year, Macy's announced layoffs and the closing of 36 stores following a pretty disappointing holiday season. That also followed a massive half-year slump that saw M shares plunge by more than half from July through the end of 2015. However, Macy's has bounced back aggressively in 2016, up nearly 20% - and despite that, it still yields 3.6% and trades at just 10 times next year's earnings. Bargain Dividend Stocks to Buy: Kohl's (KSS) Dividend Yield: 4.4% Kohl's Corporation ( KSS ), like Macy's, has had a tough run as questions of store innovation, product assortment and continued pressure from e-commerce continue to pressure the stock. Over the past year, KSS has lost 40% of its stock value. Yet despite expectations for flat sales growth this year and an anemic 1% improvement next year, KSS is expected to grow earnings in the mid-single digits by the end of 2017. Meanwhile, it trades at less than 9 times next year's earnings, and it pays a dividend yield well north of 4% after upping its quarterly payout from 45 cents to 50 cents earlier this year. 7 Dividend Stocks That Have Paid Investors Since the 19th Century Yes, Kohl's has had its struggles. But it's still a notable discount retailer that's still trading at a discount and is expected to at least grow earnings. After its yearlong hemorrhaging, that makes KSS worth buying. Bargain Dividend Stocks to Buy: BCE Inc. (BCE) Dividend Yield: 4.6% BCE Inc. ( BCE ) is a telecom company that you've probably never heard of, but consider it the AT&T Inc. ( T ) of Canada, operating Bell Canada there. While BCE doesn't offer the growth potential of AT&T, it still is expected to post mid-single-digit earnings growth over the next couple of years. And the company has shown a willingness to expand its business both vertically and horizontally over time. BCE is a safe, secure holding that trades at less than 13 times next year's earnings, and it currently yields 4.6%. While it might not be as good as AT&T, take comfort in knowing that not much, if anything, is. Bargain Dividend Stocks to Buy: China Mobile (CHL) Dividend Yield: 4.6% Another telecom that belongs on this list is China Mobile Ltd. (ADR) ( CHL ). China Mobile is the king of China's telecom market, which means it is by far the world's largest wireless company with over 830 million total customers. While growth in China is slowing, CHL should achieve many years of expansion as it migrates 3G users are on 4G plans . Currently, just 250 million of its 820 million customers are 4G. During its past two quarters, mobile data usage has surged 29% and 151%, and with CHL sporting a 16-month head start on its competitors with 4G, that should continue. Meanwhile, the company will benefit as capital expenditures decline and China Mobile wraps up its 4G rollout. The conversion of 3G to 4G creates a massive opportunity for long-term growth as customers consume more data, leading to consistent growth in the 5% to 10% range. 8 High-Quality, High-Dividend Stocks to Buy At just 13 times next year's earnings, this outlook makes CHL too good of an opportunity to ignore - especially when there's a 4.6% yield on offer. Bargain Dividend Stocks to Buy: AT&T (T) Dividend Yield: 5% Typically, when the market turns lower, AT&T Inc. ( T ) is viewed as a great defensive play. But when the market goes higher, AT&T tends to struggle. Ironically, T is up 12.6% this year, near 52-week highs amid a market that's up 3%. The reason is because AT&T is now a growth company. After having acquired DirecTV and two telecom companies in Mexico, the company now has new opportunities in video and broadband internet technologically, as well as Mexico and Latin America regionally, to grow by double digits for many years to come, and to achieve rapid free cash flow growth. So with AT&T, you're getting a 5% dividend at 13 times forward earnings, as well as growth potential that plays in down markets (and apparently up markets now, too). For that reason, AT&T might just be the single-best stock in the market right now, regardless of where the market is headed. Bargain Dividend Stocks to Buy: HCP, Inc. (HCP) Dividend Yield: 6.6% HCP, Inc. ( HCP ) is a real estate investment trust with about 70 operating properties and more than 1,000 properties under lease. HCP's properties are solely healthcare-related, like nursing homes, senior housing, life sciences and hospitals, all of which are rather stable businesses. HCP has struggled of late, in large part because of performance issues with tenant HCR ManorCare, which has been suffering amid a government suit alleging that the company bilked Medicare . Still, while HCP earnings are expected to contract this year, Wall Street believes they'll tick back higher in 2017. And with the stock off 20% in the past year alone, plenty of negativity is already baked in. HCP trades at roughly 12 times next year's earnings, and at this point, it's one of the more intriguing larger REITs on the market. 3 Low-Risk Preferreds to Juice Your Portfolio With a 6.5% yield and a history of consistent hikes to its quarterly payout, HCP is an attractive chance to take. As of this writing, Brian Nichols was long CHL and T. The post 8 Bargain Dividend Stocks to Buy Now appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-04-21,19.1304,19.1754,18.807,18.9116,
EXC,2016-04-22,19.0289,19.363,19.0054,19.3229,"IDU, D, AEP, EXC: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $30.0 million dollar outflow -- that's a 2.8% decrease week over week (from 8,950,000 to 8,700,000). Among the largest underlying components of IDU, in trading today Dominion Resources Inc (Symbol: D) is up about 0.9%, American Electric Power Company, Inc. (Symbol: AEP) is up about 1.1%, and Exelon Corp (Symbol: EXC) is higher by about 1.9%. For a complete list of holdings, visit the IDU Holdings page » The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $101.68 per share, with $124.42 as the 52 week high point - that compares with a last trade of $118.49. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-04-25,19.2095,19.4031,19.1304,19.3698,
EXC,2016-04-26,19.449,19.6854,19.4031,19.6228,
EXC,2016-04-27,19.6805,20.1778,19.6649,20.0371,"Southern Company Q1 Earnings Top, Revenues Fall Electric utility firm Southern CompanySO reported first-quarter 2016 earnings per share (excluding certain one-time items) of 58 cents, ahead of the Zacks Consensus Estimate of 53 cents and higher than the year-ago adjusted profit of 56 cents. The strong numbers can be attributed to lower costs. The Atlanta-based power supplier's quarterly revenue - at $3,965 million - came 5% lower than the first-quarter 2015 level of $4,017 million amid a dip in retail sales. Overall Sales Breakup While wholesale sales increased 5.7%, this was more than offset by a decline in Southern Company's retail electricity demand due to a milder-than-normal winter. This brought about a downward movement in overall electricity sales and usage. Total electricity sales during the first quarter deteriorated 1.7% from the same period last year. Southern Company's total retail sales fell 3.0%. This mainly reflects sharply lower residential sales that dived 7.2% year over year. Also, demand from industrial customers fell 0.8%. Expenses Summary Southern Company's operations and maintenance cost edged down 1% to $1,109 million, while the company's total operating expense for the period - at $3,035 million - was approximately 6% lower than the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. EXC and Duke Energy Corp. DUK - currently retains a Zacks Rank #3 (Hold). A better-ranked player from the same industry would be Edison InternationalEIX . This Zacks Rank #1 (Strong Buy) stock offers tremendous value and is worth buying now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report EDISON INTL (EIX): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-04-28,19.8573,20.1359,19.7782,19.9307,
EXC,2016-04-29,19.7782,19.9463,19.6111,19.8906,
EXC,2016-05-02,19.9874,20.0548,19.7362,19.8906,
EXC,2016-05-03,19.8446,19.9433,19.5858,19.7147,"Will Exelon (EXC) Fall Short of Estimates in Q1 Earnings? Exelon CorporationEXC will release first-quarter 2016 financial results before the market opens on May 6, 2016. In the prior quarter, this electric and natural gas utility reported a negative earnings surprise of 2.56%. Let's see how things are shaping up at the company prior to this announcement. Factors to Consider Amid difficult power market conditions, Exelon has resorted to cost reduction programs and expects to lower costs by $350 million in 2016. At the same time, Exelon continues to invest in its transmission and distribution infrastructure, which ensures reliability of operations. Further, its regulated business provides a measure of certainty to its earnings stream. The company completed its much awaited merger with Pepco Holdings during the quarter and will invest nearly $25 billion in the next five years to strengthen its existing operations. However, bonus depreciation is expected to have an adverse impact of 9 cents on Exelon's earnings per share during 2016. Surprise History The above chart indicates that Exelon was able to deliver positive surprises in three out of the last four quarters. This led to an average positive surprise of 8.61%. Earnings Whispers Our proven model does not conclusively show that Exelon Corporation is likely to beat earnings estimates this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank of #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. This is not the case here. Zacks ESP : This is because both the Most Accurate estimate and the Zacks Consensus Estimate are pegged at 66 cents, resulting in 0.00% ESP. Zacks Rank : Exelon Corporation has a Zacks Rank #4. As it is, we caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a few stocks in the utility space worth considering on the basis of our model: Hawaiian Electric Industries Inc. HE has an earnings ESP of +2.7% and a Zacks Rank #3. It is expected to report earnings on May 4, 2016. Consolidated Edison, Inc. ED has an earnings ESP of +0.82% and a Zacks Rank #3. It is expected to report earnings on May 5, 2016. Pattern Energy Group Inc. PEGI has an earnings ESP of +466.67% and a Zacks Rank #3. It is expected to report earnings on May 5, 2016. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HAWAIIAN ELEC (HE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report CONSOL EDISON (ED): Free Stock Analysis Report PATTERN ENERGY (PEGI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-05-04,19.703,20.13,19.6991,19.9874,
EXC,2016-05-05,19.9463,20.297,19.918,20.0548,"Pre-Market Earnings Report for May 6, 2016 : CTSH, CI, EXC, WY, WLTW, XRAY, BPL, BPY, VET, TDS, CST, PDCE The following companies are expected to report earnings prior to market open on 05/06/2016. Visit our Earnings Calendar for a full list of expected earnings releases. Cognizant Technology Solutions Corporation ( CTSH ) is reporting for the quarter ending March 31, 2016. The business software company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.70. This value represents a 6.06% increase compared to the same quarter last year. CTSH missed the consensus earnings per share in the 3rd calendar quarter of 2015 by -4.29%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for CTSH is 18.93 vs. an industry ratio of 27.60. Cigna Corporation ( CI ) is reporting for the quarter ending March 31, 2016. The insurance company's consensus earnings per share forecast from the 10 analysts that follow the stock is $2.17. This value represents a 10.71% increase compared to the same quarter last year. In the past year CI has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 5.06%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for CI is 14.69 vs. an industry ratio of 10.40, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation ( EXC ) is reporting for the quarter ending March 31, 2016. The electric power utilities company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.66. This value represents a 7.04% decrease compared to the same quarter last year. EXC missed the consensus earnings per share in the 4th calendar quarter of 2015 by -2.56%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for EXC is 13.99 vs. an industry ratio of 18.60. Weyerhaeuser Company ( WY ) is reporting for the quarter ending March 31, 2016. The building company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.20. This value represents a 5.26% increase compared to the same quarter last year. WY missed the consensus earnings per share in the 1st calendar quarter of 2015 by -29.63%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for WY is 28.07 vs. an industry ratio of 22.00, implying that they will have a higher earnings growth than their competitors in the same industry. Willis Towers Watson Public Limited Company ( WLTW ) is reporting for the quarter ending March 31, 2016. The insurance brokers company's consensus earnings per share forecast from the 12 analysts that follow the stock is $2.80. This value represents a 16.17% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for WLTW is 16.23 vs. an industry ratio of 17.40. DENTSPLY SIRONA Inc. ( XRAY ) is reporting for the quarter ending March 31, 2016. The medical/dental supplies company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.63. This value represents a 6.78% increase compared to the same quarter last year. In the past year XRAY has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for XRAY is 21.85 vs. an industry ratio of 15.70, implying that they will have a higher earnings growth than their competitors in the same industry. Buckeye Partners L.P. ( BPL ) is reporting for the quarter ending March 31, 2016. The oil/gas company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.05. This value represents a 19.32% increase compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for BPL is 17.00 vs. an industry ratio of 16.10, implying that they will have a higher earnings growth than their competitors in the same industry. Brookfield Property Partners L.P. ( BPY ) is reporting for the quarter ending March 31, 2016. The real estate development company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.32. This value represents a 72.65% decrease compared to the same quarter last year. In the past year BPY has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 9.68%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for BPY is 17.15 vs. an industry ratio of -25.20, implying that they will have a higher earnings growth than their competitors in the same industry. Vermilion Energy Inc. ( VET ) is reporting for the quarter ending March 31, 2016. The international company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.13. This value represents a 1200.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for VET is -189.88 vs. an industry ratio of -17.90. Telephone and Data Systems, Inc. ( TDS ) is reporting for the quarter ending March 31, 2016. The wire line (national) company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.14. This value represents a 216.67% increase compared to the same quarter last year. TDS missed the consensus earnings per share in the 1st calendar quarter of 2015 by -20%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for TDS is 128.83 vs. an industry ratio of 122.00, implying that they will have a higher earnings growth than their competitors in the same industry. CST Brands, Inc. ( CST ) is reporting for the quarter ending March 31, 2016. The retail company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.24. This value represents a 64.18% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for CST is 16.81 vs. an industry ratio of -35.70, implying that they will have a higher earnings growth than their competitors in the same industry. PDC Energy, Inc. ( PDCE ) is reporting for the quarter ending March 31, 2016. The oil (us exp & production) company's consensus earnings per share forecast from the 13 analysts that follow the stock is $-0.09. This value represents a 147.37% decrease compared to the same quarter last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-05-06,19.9356,20.3753,19.9238,20.2258,"[""Exelon (EXC) Beats Q1 Earnings, Misses Revenue Estimates Exelon CorporationEXC reported first-quarter 2016 adjusted operating earnings of 68 cents per share, 3% above the Zacks Consensus Estimate of 66 cents. However, earnings were 4.2% lower than year-ago earnings of 71 cents. The year-over-year decline in quarterly earnings was attributable to impacts of the PHI acquisition and other financing arrangements. Exelon Corporation (EXC) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompany On a GAAP basis, quarterly earnings were 19 cents per share compared with 80 cents per share a year ago. The difference between GAAP and adjusted operating earnings was due to the combined impact of merger related costs, impairment of assets and some other one-time charges, combining to a net charge of 60 cents. There were one-time gains of 11 cents. Total Revenues Exelon's total operating revenues of $7,573 million missed the Zacks Consensus Estimate of $9,231 million by 17.8%. Quarterly revenues decreased 14.2% year over year. Quarterly Highlights In the reported quarter, Exelon was finally able to close the much awaited merger with Pepco Holdings after clinching the necessary approvals from the Public Service Commission of the District of Columbia. Exelon's total operating expenses decreased 4.9% year over year to $7,099 million from $7,465 million. The company reported an operating income of $483 million in the quarter, down 64.6% from $1,366 million a year ago. Interest expenses of $292 million were 15.4% lower than the year-ago quarter. Exelon was serving nearly 3.95 million customers in the first quarter, up 1.5% from the year-ago level. Total sales of electricity in the reported quarter were 65,107 gigawatt hrs (GWh) compared with 64,237 GWh in the year-ago quarter. Financial Position As of Mar 31, 2016, Exelon's cash and cash equivalents were $960 million compared with $6,502 million at the end of 2015. Long-term debt as of Mar 31, 2016, was $29,314 million, up from $23,645 million as of Dec 31, 2015. In the first quarter of 2016, net cash flow from operating activities was $1,478 million compared with $1,490 million in the year-ago period. Exelon's capital expenditure was $2,188 million compared with $1,784 million in first-quarter 2015. Hedges Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Mar 31, 2016, was 96-99% for 2016, 69-72% for 2017, and 37-40% for 2018. Peer Releases PPL Corporation PPL reported first-quarter 2016 adjusted earnings of 67 cents per share, falling short of the Zacks Consensus Estimate of 75 cents by 10.7%. NiSource Inc. NI reported first-quarter 2016 operating earnings of 60 cents per share, surpassing the Zacks Consensus Estimate of 58 cents by 3.4%. Edison International EIX reported first-quarter 2016 results, wherein adjusted earnings of 82 cents per share came in below the Zacks Consensus Estimate of 89 cents by 7.9%. Zacks Rank Exelon currently has a Zacks Rank #4 (Sell). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report NISOURCE INC (NI): Free Stock Analysis Report EDISON INTL (EIX): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""iShares U.S. Utilities ETF Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $37.0 million dollar outflow -- that's a 3.4% decrease week over week (from 8,800,000 to 8,500,000). Among the largest underlying components of IDU, in trading today Exelon Corp (Symbol: EXC) is up about 1.1%, American Electric Power Company, Inc. (Symbol: AEP) is off about 0.9%, and PG&E Corp. (Symbol: PCG) is lower by about 0.4%. For a complete list of holdings, visit the IDU Holdings page \u00bb The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $101.68 per share, with $124.42 as the 52 week high point - that compares with a last trade of $121.75. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Tops Q1 Earnings Estimates, Revenues Lag Exelon CorporationEXC , a competitive energy provider, delivers electricity and natural gas to customers in central Maryland, northern Illinois and southeastern Pennsylvania through its subsidiaries. The Chicago, IL-based firm operates in 48 states and the District of Columbia of the U.S., and Canada. Exelon's strategy of matching its load business with generation fleet, addition of renewable and natural gas based power generating units to its portfolio, systematic divestment of non-core assets will drive its performance. In first quarter, Exelon was finally able close the much awaited merger with Pepco Holdings after the necessary approval was provided by the Public Service Commission of the District of Columbia. Estimate Trend & Surprise History Investors should note that the first quarter Zacks Consensus Estimate for earnings of 66 cents per share gained 1.5% over the last 90 days. Coming to the earnings surprise, Exelon has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in a positive average surprise of 8.61%. Zacks Rank : Currently, Exelon has a Zacks Rank#4 (Sell) but that could change following its first quarter 2016 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earnings : Exelon surpassed first quarter earnings estimate. Adjusted earnings per share came in at 68 cents, beating the Zacks Consensus Estimate of 66 cents per share by 3%. Revenue : Revenues of $7,573 million missed the Zacks Consensus Estimate of $9,231 million by 17.8% and also fell from the year-ago level by 14.2%. Key Stats : Exelon was serving nearly 3.95 million customers in first quarter up 1.5% from the year ago level. Check back for our full write up on this EXC earnings report later! Want the latest recommendations from Zacks Investment Research?Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Investors Aim For Stable Growers That Can Thrive Despite Volatility Propelled by the overall market, U.S. diversified stock mutual funds notched a 0.78% gain on average in April. The month's modest gain was far better than the losses of January and February. But it lagged the 1.7% gain by the average U.S. taxable bond fund tracked by Lipper Inc. Going forward, mutual fund managers expect more volatility, and many are looking for stocks with stable earnings growth that can thrive without a tailwind from a robust economy. In the just-completed month, multicap value funds did best among the mutual fund market capitalization and style categories. The key impetus was the Federal Reserve's dovish stance on interest rate hikes. In a late March speech, Fed Chair Janet Yellen said the central bank would \""proceed cautiously in adjusting policy\"" in 2016. In its April meeting, the Fed's Federal Open Market Committee stuck by Yellen's March outlook and declined again to raise rates. \""Economic activity appears to have slowed,\"" the FOMC said, adding that household spending had \""moderated.\"" Those statements told investors that the Fed thinks U.S. economic growth is slower than previously believed. Slower growth and slower rate hikes mean a weaker U.S. dollar. \""That helps U.S. exporters, which is good news for many U.S. large-cap stocks,\"" said Omar Aguilar, chief investment officer of Charles Schwab Investment Management. And a weaker dollar lowers the cost of paying off debt for most emerging markets, making it easier for them buy goods and services from the U.S. and others. Putting it bluntly, the Fed did not want to break a fragile U.S. economy by raising the price of money. \""The more dovish tone by the Fed brought down market volatility and helped support all of the assets that have been hurt in anticipation of Fed rate hikes,\"" said Mark Hamilton, chief investment officer for asset allocation at OppenheimerFunds. Jittery investors lifted precious metals funds 28.76% in April, best among sectors. Energy funds and natural resources funds, which had lost 41.45% and 20.54% respectively in the two years that ended March 31, were the next-best-performing April sectors, jumping 11.62% and 10.46% last month. World equity funds gained 1.33% in April, led by Latin American funds' 6.59% leap up. Taxable bond funds were paced by high-yield funds' 2.89% advance. With investors willing to take on risk, safe-haven general U.S. Treasury funds slipped 0.33%. What's Ahead \""I expect mediocre returns and a fair amount of volatility going forward,\"" Hamilton said. When the Fed finally does get around to its next rate hike, volatility is likely to rise, he said. Broadly, he expects the U.S. economy to outperform for several quarters. That should benefit U.S. large caps. James Abate, chief investment officer of Centre Funds and manager of $158 million Centre American Select Equity ( DHAMX ), expects a reversal of the recent months' rotation into value away from growth. \""Materials, energy, industrials and other cyclical sectors are likely to reverse,\"" Abate said. \""So we've taken the opportunity to amplify our positions in stable-growth-type companies, Nifty 50 type names. Key stocks for us are names like Amazon ( AMZN ), PepsiCo ( PEP ), Exelon ( EXC ) and Carnival Cruise ( CCL ). We sold the one energy stock that we held.\"" Amazon is the epitome of what he's looking for. \""It is strong and has a unique business model that can grow regardless of the economic backdrop,\"" he said. Exelon is a utility with low cyclicality, he said. Its current return on equity is about 9%. \""This is roughly half its 15 year median return on equity,\"" he said. \""We see incremental ROE moving higher with plenty of room to expand. With the Pepco (acquisition) closing, we see an increased focus on cost-cutting and rate relief in the regulated utility units contributing to profit margin expansion, with a strong balance sheet to allow future dividend hikes and buybacks.\"" Equally good, the stock is virtually unaffected by economic developments in Japan or Europe, he said. He also likes the idea that Carnival has almost nowhere to go but up from its depressed profit margins and returns on capital. And he adds Merck (MRK), which he calls another low-cyclicality, defensive name. \""It's got a strong drug pipeline,\"" he said. \""It's seeing improvements in return on assets. It can be another Nifty 50 name.\"" Abate has stayed underweight in energy, industrials and financials. \""In materials, our exposure is to companies that are capable of growing and are not dependent on an acceleration in the global economy,\"" he said. In that area, his names include Vulcan Materials (VMC) and International Flavors & Fragrances (IFF). Abate says value stocks are unlikely to add a lot to gains they've scored already this year. \""So I'm embracing companies that are more stable and less sensitive to the ups and downs of the economic cycle,\"" he said. He also does not rule out a correction of 20% to 25% some time during 2016, and his fund has hedged that possibility with put options. \""Profits are disappointing,\"" he said. \""Profit margins are decelerating. And there's a poor top-line revenue outlook. It's hard to see price-earnings multiples expand further.\"" Like Aguilar, Abate expects volatility the rest of this year. The best gains should be confined to a narrow band of stocks, he says. \""With bond yields low and other asset classes disappointing, we'll see a new Nifty 50 do well,\"" he said. \""Diversification is good, but over-diversification can be bad. We're down to 52, down from the mid-60s in 2013.\"" Polaris Capital Management's Bernard Horn, lead or co-manager of five funds totaling $3.4 billion in assets, is concerned about the impact of sluggish economic growth. He used volatility in recent months to buy shares in larger U.S. and foreign banks at depressed prices, including JPMorgan Chase (JPM). \""The valuation became compelling,\"" he said. He also added to asset manager Franklin Resources (BEN). \""They have great long-term performance, but have slumped in the last three to five years. We saw an opportunity to buy into a good long-term franchise with a lot of cash on its balance sheet. They have a relatively low tax rate because they have managers who sit offshore, like Mark Mobius,\"" who's based in Hong Kong as executive chairman of Templeton Emerging Markets Group. Horn also added to Web.com Group (WEB), which creates and maintains websites for small businesses. \""They help small businesses get onto social media sites,\"" he said. \""A business they just bought does sophisticated marketing and lead-generation for customers.\"" Another he added to was electronics and technology distributor Avnet (AVT), a company which also assembles products for customers. \""They've got a good management team that squeezes out free cash flow and value-added services for customers,\"" Horn said. In Q1, he added to Thailand-based Siam Commercial Bank. The investment may not ripen quickly, he says. \""The Thai economy is a little soft now, so this may take time to play out,\"" he said. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-05-09,20.2258,20.2833,19.9531,19.9824,
EXC,2016-05-10,20.0206,20.0723,19.8622,19.9531,
EXC,2016-05-11,19.963,20.2541,19.8965,20.216,"The Best, and Worst, High Yield Investment Today InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips Billionaire ""Bond God"" Jeffrey Gundlach just shared his favorite short idea at the Ira Sohn investment conference last Wednesday. Dividend investors take note - the high priest of fixed income just panned your longtime standby! Utilities aren't safe, says Gundlach. Their valuations are stretched to the upside, and their yields are too low. So he recommends a pair trade that shorts the Utilities SPDR ( XLU ), which pays a meager 3.3% today: Utility Yields At 7-Year Lows A low yield can be OK if dividend growth is meaningful, but few utilities are boosting their payouts at a fast enough pace to compensate. Of XLU's top five holdings, only two - NextEra Energy, Inc ( NEE ) and Dominion Resources, Inc. ( D ) - have boosted their dividends meaningfully over the last five years. Two more - Duke Energy Corp ( DUK ) and Southern Co ( SO ) - have barely adjusted their dividends for inflation. And Exelon Corporation ( EXC ) had to cut its dividend by 41% in 2013 after overextending itself to purchase Constellation Energy: Lackluster Payout Growth From XLU's Top 5 XLU also holds a 2.3% position in FirstEnergy Corp. ( FE ), the utility I believe is most likely to cut its dividend next . Its 105% payout ratio is not sustainable with profits declining each of the last four years. Plus, management might be too contrarian for its own good - it recently doubled down on coal! 7 Dividend Stocks You Can Hold With Your Eyes Closed So Gundlach recommends selling these expensive, low yield and slow growth issues in favor of some ""slam dunk"" income plays. His favorite buys have a contrarian flair to them - which is no surprise. Prescient out-of-favor calls are a big reason the Bond God runs $85 billion today. Hey Bond God: Short Utilities, Buy These At the Sohn conference, Gundlach called out the iShares Mortgage Real Estate Capped ETF ( REM ) as the unloved issue he'd buy opposite his utility short. I reviewed mortgage REITs two weeks ago and agree there is value in the sector. Just as militaries tend to fight the last war, investors tend to fear the last crisis. And mortgage-backed securities (MBSs) had the lead role in the last financial crisis. They have recently been immortalized in the book and movie The Big Short . MBSs blew up the financial system in 2008 and have been outcasts ever since. But a second-level analysis of mortgage payments shows these assets have successfully completed financial rehab. And they're beginning to enjoy the benefits of clean living - defaults and delinquencies are down while credit scores and down payments are up. Here's an even bigger reason to be upbeat… Mortgages are increasingly being paid on time. According to data from the Federal Reserve, late payments on homes peaked above 12% in the first quarter of 2010. They've been steadily declining for several years now and are off their crisis levels by more than half: Delinquency Rates on Residential Loans Decline Towards Norms This improvement should continue. Late payments are still quite high by historical levels - more than double their pre-crisis rates. The average family has plenty of income to cover their mortgage payment. The National Association of Realtors calculates a monthly Housing Affordability Index (HAI). A rating of 100 means a family earning the median income can qualify for an average-sized mortgage. Higher is better - a score of 120 means the median family has 120% of the income required. Today, families are in great financial shape to buy a home and pay the mortgage - actually better than they were at any point before the housing bubble and bust! U.S. Housing Affordability Not Far From 26-Year Highs Gundlach is certainly onto something. But we can improve further on his top idea, and collect 15% upside in addition to safe 8-11% yields, simply by following his own advice. Gundlach's ""Slam Dunk"" Plays Today Worst case, he said, these investments will trade flat and we collect a fat dividend. Best case, they'll return 20%, and we'll still collect a fat dividend. And with their gaudy 8-11% payouts, and we're talking about gains of 8% to 31% over the next 12 months! I'm a bit more conservative - anticipating gains that are ""only"" between 16% and 25% over the next year. That's still a pretty good stock tip from the world's smartest income investor. The real kicker is, he likes these issues no matter what the S&P 500 does between now and the end of 2016. ""If the S&P rises 10%, closed-ends could return 20%. If the stock market falls 30%, a decline is already priced in."" Meaning our downside is minimal, and our 8-11% yields are safe. The ""slam dunk"" investments Gundlach was referring to are closed-end funds, which have pools of shares that are fixed. And these shares trade publicly like regular stocks. So you can buy them quite easily, as you would any other stock. I like closed-end funds because they often sell at great values. Gundlach agrees: ""Closed-ends are one of the best plays on the Fed not raising interest rates. Investors have been afraid to own them because they fear that the Fed has launched a tightening cycle."" ""For 20 years, they have traded at a 2% discount, on average, to net asset value (NAV). Recently, however, the sector traded at a 10% to 12% discount to NAV."" In other words, you're getting $1 worth of assets for just 88 or 90 cents. That's free money. 8 Great Stocks to Buy Now to Trump the Summer Slump And believe it or not, you and I are actually in a better position than the Bond God. He can buy whatever bonds or MBSs he wants, but he can't claim the discount you and I get when we buy a closed-end fund. Larger funds in the space have market caps around $1 or $2 billion. That's plenty big for you and me, but too small for Gundlach. If he started to accumulate shares, he'd move the entire market and eliminate the ""free money"" bargain. You and I don't manage billions - so we don't have this problem. We're free and clear to buy the bonds AND get them at a discount with high quality ""closed-end funds."" I like three in particular that Gundlach can only fantasize about buying. They pay annual yields of 8%, 8.4% and 11%. And thanks to the free money discount, you can buy them today and expect 7-15% upside within the next 12 months. Click here and I'll share the details on these issues along with their names and tickers . More From InvestorPlace 5 Growth Stocks That Are Better Than Apple Hillary Clinton vs. Donald Trump - Which Stocks Win? The post The Best, and Worst, High Yield Investment Today appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-05-12,20.2111,20.3527,20.0039,20.2853,
EXC,2016-05-13,20.2268,20.2432,19.9003,19.9874,
EXC,2016-05-16,19.9287,20.0274,19.7518,19.8603,"[""IDU, D, EXC, AEP: ETF Inflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $49.6 million dollar inflow -- that's a 4.7% increase week over week in outstanding units (from 8,500,000 to 8,900,000). Among the largest underlying components of IDU, in trading today Dominion Resources Inc (Symbol: D) is down about 0.1%, Exelon Corp (Symbol: EXC) is trading flat, and American Electric Power Company, Inc. (Symbol: AEP) is up by about 0.1%. For a complete list of holdings, visit the IDU Holdings page \u00bb The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $101.68 per share, with $124.42 as the 52 week high point - that compares with a last trade of $123.51. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Monday's ETF Movers: XBI, XLU In trading on Monday, the SPDR S&P Biotech ETF ( XBI ) is outperforming other ETFs, up about 3.9% on the day. Components of that ETF showing particular strength include shares of Anacor Pharmaceuticals ( ANAC ), up about 56.2% and shares of Synergy Pharmaceuticals ( SGYP ), up about 10.9% on the day. And underperforming other ETFs today is the Utilities Select Sector SPDR Fund ETF ( XLU ), down about 0.2% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of Exelon ( EXC ), lower by about 1%, and shares of Entergy (ETR), lower by about 0.6% on the day. VIDEO: Monday's ETF Movers: XBI, XLU The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-05-17,19.8603,19.9229,19.5291,19.6425,"Duke Energy Corporation (DUK) Ex-Dividend Date Scheduled for May 18, 2016 Duke Energy Corporation ( DUK ) will begin trading ex-dividend on May 18, 2016. A cash dividend payment of $0.825 per share is scheduled to be paid on June 16, 2016. Shareholders who purchased DUK prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DUK has paid the same dividend. At the current stock price of $81, the dividend yield is 4.07%. The previous trading day's last sale of DUK was $81, representing a -0.48% decrease from the 52 week high of $81.39 and a 23.66% increase over the 52 week low of $65.50. DUK is a part of the Public Utilities sector, which includes companies such as Exelon Corporation ( EXCU ) and Exelon Corporation ( EXC ). DUK's current earnings per share, an indicator of a company's profitability, is $3.83. Zacks Investment Research reports DUK's forecasted earnings growth in 2016 as 1.27%, compared to an industry average of -1.9%. For more information on the declaration, record and payment dates, visit the DUK Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DUK through an Exchange Traded Fund [ETF]? The following ETF(s) have DUK as a top-10 holding: VanEck Vectors Uranium & Nuclear Energy ETF ( NLR ) SPDR Select Sector Fund - Utilities ( XLU ) Vanguard Utilities ETF - DNQ ( VPU ) iShares U.S. Utilities ETF ( IDU ) iShares Global Utilities ETF ( JXI ). The top-performing ETF of this group is VPU with an increase of 17.01% over the last 100 days. NLR has the highest percent weighting of DUK at 8.52%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-05-18,19.5624,19.6308,19.2536,19.363,
EXC,2016-05-19,19.2185,19.5965,19.1921,19.5487,
EXC,2016-05-20,19.6083,19.6258,19.4373,19.6044,
EXC,2016-05-23,19.6308,19.6727,19.278,19.2936,
EXC,2016-05-24,19.2839,19.4422,19.2751,19.4422,"Stock Market News for May 24, 2016 Benchmarks closed in the red on Monday after fears of rate hike increased following fresh comments from Fed officials. Rate hike concerns had a negative impact on the utilities sector, which also affected broader markets. While gains in Monsanto boosted the materials sector, increase in shares of Apple helped curb some of yesterday's losses. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) decreased 0.1% to close at 17,492.93. The tech-laden Nasdaq Composite Index closed at 4,765.78, also losing 0.1%. The S&P 500 fell 0.2% to close at 2,048.04. The fear-gauge CBOE Volatility Index (VIX) increased 4.1% to settle at 15.82. A total of around 5.9 billion shares were traded on Monday, significantly lower than the last 20-session average of 7.2 billion shares. Decliners marginally outpaced advancing stocks on the NYSE. For 49% stocks that declined, 48% advanced. Fed officials' hawkish comments raised worries of a possible rate hike next month. Boston Fed President Eric Rosengren said that ""most of the conditions that were laid out in the minutes"" seemed to be ""on the verge of broadly being met."" Also, St. Louis Federal Reserve President James Bullard said that rates being kept ""too low for too long,"" could result in ""future financial instability even if it doesn't"" show that the U.S. economy is in ""that situation today."" He added that the ""labor markets are relatively tight"" which may ""put upward pressure on inflation going forward,"" and could be an ""important factor"" in supporting a move to raise rates. Further, San Francisco Fed President John Williams said that despite the presidential election, the Fed will raise rates this year. Williams added that the Fed has ""proven over and over again that"" it can act even ""in presidential election years."" He expects 2-3 rate hikes in 2016 and 3-4 rate rises in 2017. Rate sensitive sector like utilities slumped following Fed officials' discouraging comments. The Utilities Select Sector SPDR (XLU) lost 0.9% and was the biggest losers among the S&P 500 sectors. Key utilities stocks including PPL Corporation ( PPL ), Southern Company ( SO ), American Electric Power Co., Inc. ( AEP ), Dominion Resources, Inc. ( D ) and Exelon Corporation ( EXC ) declined 1.3%, 1.2%, 1.3%, 1.2% and 1.6%, respectively. Meanwhile, Monsanto Company's ( MON ) shares increased 4.4% on news that Bayer AG ( BAYRY ) has offered $62 billion or $122 per share to acquire Monsanto. Gains in Monsanto led the Materials Select Sector SPDR ETF (XLB) to increase 1.2% and become the biggest gainer among the S&P 500 sectors. Key components from materials sector including Dow Chemical Company ( DOW ), Alcoa Inc. ( AA ), Freeport-McMoRan Inc. ( FCX ) and E. I. du Pont de Nemours and Company ( DD ) rose 1.8%, 1.9%, 2.7%and 1.9%, respectively. Additionally, shares of Apple Inc. ( AAPL ) advanced 1.3% after the company reportedly asked its suppliers to manufacture more iPhone 7s. The tech giant asked its suppliers to make around 72-78 million iPhones by the end of 2016, much higher than analysts' expectation of 65 million. Gains in Monsanto and Apple helped curtail some of the losses for the day. Separately, oil prices declined after Baker Hughes ( BHI ) reported that U.S. oil rig count remained flat last week. Also, Iran clearly indicated that it has no intention to participate in any immediate crude production freeze meeting. These factors led the WTI crude to decline 0.7% to $48.08 a barrel, settling at its lowest level since May 16. Brent crude also fell 0.8% to $48.35 per barrel. Decrease in oil prices led the Energy Select Sector SPDR (XLE) to fall 0.3%. Dow components Exxon Mobil Corporation ( XOM ) and Chevron Corporation ( CVX ) fell 0.2% and 0.4%, respectively. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PPL CORP (PPL): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report AMER ELEC PWR (AEP): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report MONSANTO CO-NEW (MON): Free Stock Analysis Report BAYER A G -ADR (BAYRY): Free Stock Analysis Report DOW CHEMICAL (DOW): Free Stock Analysis Report ALCOA INC (AA): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report DU PONT (EI) DE (DD): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report BAKER-HUGHES (BHI): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-05-25,19.2536,19.4616,19.0299,19.3786,"[""This High-Yield Dividend Growth Stock Remains a Standout in the Utility Industry BIP Total Return Price data by YCharts Of course, past performance is no guarantee of future greatness, but there are three specific reasons for considering Brookfield Infrastructure Partners. Solid earnings in face of global slowdown Sources: earnings presentations. Brookfield Infrastructure had a very good year, despite concerns over slowing global economic growth. Better yet, while some of the growth was a result of newly acquired assets, Brookfield Infrastructure Partners saw strong organic growth as well as the first trickles of dividends from its recent Asiano purchase , which includes over 30 Australian ports that should provide large AFFO growth in its transportation segment. Also note that while the distribution rose by 7.5%, comfortably within management's long-term target of 5% to 9% annually, the AFFO payout ratio declined substantially. That means Brookfield's 5.3% yield remains highly sustainable. It also means Brookfield Infrastructure is retaining substantial amounts of cash flow with which to fund its organic capital expenditure program, which grew almost 35% from $1.3 billion to $1.7 billion during Q1 of 2016. Superior payout profile to its bigger utility peers Sources: earnings releases, Morningstar, Yahoo! Finance. Dividend investors need to look at the complete package when selecting long-term investments. That means checking not just the yield, but also the payout ratio and long-term payout growth potential. On all fronts, Brookfield's profile stands head and shoulders above its larger utility peers. If management can deliver on its long-term distribution growth guidance, it should meet management's goal of generating total annual investor returns of 12% to 15%, far superior to the market's historic 9.1% return since 1871. But as tempting as that guidance may be, don't ever simply take management's guidance -- of that of any analyst -- without a grain of salt. Ask yourself, \""Does this company have a realistic path forward to the kind of growth that can make those kind of returns likely?\"" When it comes to Brookfield Infrastructure Partners, that growth runway is not just in place -- it's also capable of providing potentially decades of superb, sustainable income growth and strong capital growth gains. Superb asset portfolio with plenty of growth potential Brookfield's cash flow comes from 38 assets located on five continents, providing it with broad diversification its peers can't match, as well as rich opportunities to invest in some of the globe's fastest-growing economies. The growth ability of traditional utilities, such as Exelon and Dominion Resources, is far more constrained by the fact that they operate in far more mature energy markets. In addition, Brookfield Infrastructure Partners has a growth ace up its sleeve, in the form of Brookfield Asset Management (NYSE: BAM) , one of the oldest and most established asset managers on the planet. Brookfield Asset Management provides both management and a rich source of highly profitable, needle-moving acquisitions. It puts together consortiums to acquire multibillion-dollar global assets that are selling at low valuations and then includes Brookfield Infrastructure Partners as a minority partner, thus allowing Brookfield, which still lacks the scale or capital resources to pull of such deals solo, to grow much more quickly than other utilities. However, while Brookfield Infrastructure is still relatively small, those capital resources are growing. For example, its existing liquidity to invest in new deals or asset expansion was up 27% from last quarter, to over $3 billion. Risks to be aware of Investors interested in Brookfield Infrastructure need to be aware of the risk that its larger utility peers don't share. The same global diversification that gives this utility such strong growth potential also exposes it to short-term currency risk. While management has hedged 75% of cash flows over the next 18 to 24 months, should U.S. interest rates rise, the dollar may once more strengthen and result in weaker results in the coming quarters. In addition, Brookfield is considerably smaller than its peers and this fact, coupled with its fate being tied at the hip with global trade volumes, makes for occasionally volatile share price movements. Bottom line Whether searching for high, sustainable yield or vibrant dividend growth, Brookfield Infrastructure Partners offers an alluring option that deserves to be in your diversified income portfolio. There's something big happening this Friday I don't know about you, but I always pay attention when one of the best growth investors in the world gives me a stock tip. Motley Fool co-founder David Gardner (whose growth-stock newsletter was the best performing in the U.S. as reported by The Wall Street Journal )* and his brother, Motley Fool CEO Tom Gardner, are going to reveal their next stock recommendations this Friday. Together, they've tripled the stock market's return over the last 13 years. And while timing isn't everything, the history of Tom and David's stock picks shows that it pays to get in early on their ideas. Click here to be among the first people to hear about David and Tom's newest stock recommendations. *\""Look Who's on Top Now\"" appeared in The Wall Street Journal in Aug. 2013, which references Hulbert's rankings of the best performing stock picking newsletters over a 5-year period from 2008-2013. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corporation (EXCU) Ex-Dividend Date Scheduled for May 26, 2016 Exelon Corporation ( EXCU ) will begin trading ex-dividend on May 26, 2016. A cash dividend payment of $0.8125 per share is scheduled to be paid on June 01, 2016. Shareholders who purchased EXCU prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that EXCU has paid the same dividend. At the current stock price of $47.77, the dividend yield is 6.8%. The previous trading day's last sale of EXCU was $47.77, representing a -3.92% decrease from the 52 week high of $49.72 and a 30.34% increase over the 52 week low of $36.65. EXCU is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). For more information on the declaration, record and payment dates, visit the EXCU Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-05-26,19.3962,19.621,19.3455,19.5437,
EXC,2016-05-27,19.5672,19.6542,19.488,19.6356,
EXC,2016-05-31,19.6425,19.6835,19.4256,19.6044,
EXC,2016-06-01,19.6083,19.7274,19.5564,19.6835,
EXC,2016-06-02,19.621,19.8662,19.5564,19.8603,
EXC,2016-06-03,19.9804,20.1974,19.9687,19.9971,"[""Exelon to Cease Operations of 2 Illinois-Based Nuclear Plants Exelon Corporation EXC , a leading competitive power generator in the U.S., has decided to shut down the Clinton and Quad Cities nuclear power plants due to the lack of progress on the Next Generation Energy Plan (\""NGEP\"") legislation. During the 2009-2015 time frame, the two power plants incurred cash flow losses of more than $800 million on a pre-tax basis, even though they were two of Exelon's best-performing plants. Thus, in the absence of adequate legislations to bring the plants back to profitability, the company had to resort to shutting them down so as to reduce losses. The Clinton Power Station will close on Jun1, 2017, while the Quad Cities Generating Station will be shut down a year later on Jun1, 2018. Exelon will submit permanent shutdown notifications to the U.S. Nuclear Regulatory Commission within the next 30 days. It will also cease capital investment projects for the long-term operation of the two plants. In addition, the company will stop fuel purchases and outage planning for the plants. Shutting down theseplants will result in one-time charges of $150-$200 million for 2016. According to a state report, closing the Clinton and Quad Cities plants will increase wholesale energy costs in the region by $439-$645 million annually. The report also stated that keeping the plants operational would help the company to avoid $10 billion in economic damages related to higher carbon emissions over 10 years. In addition to the challenges in the electricity market, costs of operating nuclear plants have been on the rise. In spite of the safety initiatives adopted at nuclear plants, potential accidents remain a concern. Insurances do not always cover all expenses related to accidents either. In case of a major accident, the company has to bear the whole expenses alone, which puts its margin under pressure. In a similar move, another energy company, Entergy Corporation ETR announced that it will cease operations of its Massachusetts-based Pilgrim plant by May 2019. Zacks Rank & Key Picks Currently, Exelon Corporation carries a Zacks Rank #3 (Hold). A couple of better-ranked stocks in the same space are Spark Energy, Inc. SPKE and Avangrid, Inc. AGR . Spark Energy sports a Zacks Rank #1 (Strong Buy), while Avangrid holds a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report SPARK ENERGY (SPKE): Free Stock Analysis Report AVANGRID INC (AGR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for Jun 3, 2016 : EXC, VALE, FIG, LBTYK, CSCO, BAC, TLT, AAPL, NE, NRG, STLD, QQQ The NASDAQ 100 After Hours Indicator is down -.24 to 4,509.55. The total After hours volume is currently 21,416,867 shares traded. The following are the most active stocks for the after hours session : Exelon Corporation ( EXC ) is unchanged at $34.96, with 2,107,275 shares traded. EXC's current last sale is 97.11% of the target price of $36. VALE S.A. ( VALE ) is -0.04 at $4.57, with 1,598,231 shares traded. VALE's current last sale is 83.09% of the target price of $5.5. Fortress Investment Group LLC ( FIG ) is unchanged at $5.00, with 1,251,053 shares traded. FIG's current last sale is 62.5% of the target price of $8. Liberty Global plc ( LBTYK ) is unchanged at $37.51, with 998,288 shares traded. Cisco Systems, Inc. ( CSCO ) is unchanged at $29.13, with 932,773 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jul 2016. The consensus EPS forecast is $0.55. As reported by Zacks, the current mean recommendation for CSCO is in the \""buy range\"". Bank of America Corporation ( BAC ) is -0.02 at $14.40, with 924,792 shares traded. As reported by Zacks, the current mean recommendation for BAC is in the \""buy range\"". iShares 20+ Year Treasury Bond ETF ( TLT ) is -0.13 at $133.10, with 713,986 shares traded. This represents a 15.86% increase from its 52 Week Low. Apple Inc. ( AAPL ) is -0.01 at $97.91, with 700,156 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the \""buy range\"". Noble Corporation ( NE ) is unchanged at $8.07, with 668,375 shares traded. NE's current last sale is 84.95% of the target price of $9.5. NRG Energy, Inc. ( NRG ) is unchanged at $17.39, with 667,219 shares traded. As reported by Zacks, the current mean recommendation for NRG is in the \""buy range\"". Steel Dynamics, Inc. ( STLD ) is unchanged at $25.27, with 453,429 shares traded. As reported by Zacks, the current mean recommendation for STLD is in the \""buy range\"". PowerShares QQQ Trust, Series 1 ( QQQ ) is -0.02 at $110.04, with 430,350 shares traded. This represents a 29.86% increase from its 52 Week Low. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-06-06,20.0489,20.1632,19.917,20.0303,
EXC,2016-06-07,20.0665,20.0763,19.7968,19.8603,
EXC,2016-06-08,19.8886,20.0606,19.8427,20.0489,
EXC,2016-06-09,20.0431,20.1368,19.7919,20.0997,
EXC,2016-06-10,20.0489,20.1368,19.6356,19.7919,
EXC,2016-06-13,19.8309,19.9287,19.6767,19.6767,"If You Seek a Stable Portfolio, Utilities Are a Must The utility sector is at the crossroads after the release of the new emission standards by the U.S. Environmental Protection Agency (EPA) last August. The finalized version of the Clean Power Plan calls for CO2 reduction of 28% by 2025 and 32% by 2030, from 2005 levels. An EPA report also indicates that nearly $600 billion will be required to be invested in the water sector over the next two decades to get uninterrupted water and wastewater services of high quality. Evidently, larger utilities with more financial strength and better access to capital are favorably placed to achieve regulatory compliance. This is also likely to trigger more consolidation in the utility landscape, be it the water or the electric utilities. For the latter, the focus is definitely on generating electricity from natural gas and renewable sources. As a result, we expect to see higher solar installations across the U.S. The extension of investment tax credits and production tax credits will further support solar and wind installations in the next few years. The combination of steady electricity price gains and stable-to-improving demand will drive the utility sector. A decline in the unemployment rate, increase in hourly earnings of average workers and higher demand in residential and other customer classes are tailwinds for the utilities. Rising up to the environmental challenge, utility companies are steadily improving their operations by investing in more environment-friendly power generation facilities. A recent release from the U.S. government's Energy Information Administration (EIA) projects renewables used in the electric power sector to increase by 11.3% in 2016 and by 4.4% in 2017. The report also forecast hydropower generation in the electric power sector to increase by 9.1% in 2016 and then decline by 0.6% in 2017. Generation from renewables other than hydropower is forecast to grow by 13.3% in 2016 and by 8.6% in 2017. The report indicates U.S. coal consumption in electric generation will decline by 58 million short tons (MMst) or 8% year over year in 2016. The decline will largely be due to higher demand for clean burning, low-priced natural gas and unseasonably warm temperatures during winter that reduced overall electricity generation. We believe a constructive utility rate environment, increase in electricity production from natural gas and renewables and investments in infrastructure upgrade projects will enable the utilities to efficiently serve a larger customer base. In the segment below, we discuss the basic strengths of the utility sector. Regular Dividend & Share Buybacks Utility operators generate more or less stable earnings unless there are severe factors disrupting their operations. The regulated nature of operations provides stability and removes volatility from future earnings. These operators in turn reward their shareholders through the payment of sustainable dividends and share buybacks. This was evident during the economic crisis of 2008-2009 when utilities continued to pay dividends without fail. We have a long list of companies who are sharing profits consistently with their shareholders. Notable among them are companies like CenterPoint Energy (CNP), Connecticut Water Service Inc. (CTWS) and Duke Energy (DUK) who have raised dividend rates annually for more than 10 years now. In Jan 2016, CenterPoint Energy and Duke Energy increased their quarterly dividend rates by 4% and 3.8% to 25.75 cents and 82.5 cents, respectively, while in Jan 2016, Connecticut Water Service raised its payout by 5.6% to 28.25 cents. Stable & Growing Demand The biggest positive as well as the most fundamental strength of the utility sector is that there is basically no viable substitute for their services. The endless need for electricity and utility services is a prime driver. This gives revenues and cash flows a high level of certainty and visibility. Due to the planned reduction in coal-powered units, the EIA forecasts total U.S. electricity generation in 2016 to average 11.2 terawatt hours per day, marginally below 2015 generation. The EIA expects total electricity generation to grow by 1.6% in 2017. Focused on R&D & Extension of ITC/PTC In their pursuit of improving the standard of services, utility operators have steadily invested in research and development (R&D). They have brought new smart meters, and transmission and distribution lines, into operation without compromising on energy efficiency. Utility operators are also benefiting from ongoing research in the solar photovoltaic (PV) sector. Solar energy is a growing alternate energy source and the new solar cells with higher conversion rates allow operators to generate more power from fewer solar panels. This enables the operators to lower the cost of generating power from alternate sources as these are generally more expensive than fossil fuel sources. In addition, the utility friendly move of the U.S. administration through the extension of the validity period of Solar Energy Investment Tax Credit (ITC) and Wind Energy Production Tax Credit (PTC) will help the utilities. We will see more utility scale solar and wind projects coming up, which will boost green power generation. Mergers and Acquisitions Utility sector operators don't shy away from M&A activities to supplement their organic growth. In addition to giving their operations greater scale and scope, such measures also lead to cost synergies and better utilization of resources. The larger the companies, the more access they have to funds essential for vital infrastructure upgrades. We believe that in a mature energy market like the U.S., mergers and acquisitions represent a sure way of enhancing market share. This expands market reach through the usage of transmission and distribution lines, diversifies the generation portfolio and also lowers operating costs through the usage of common back office space. In Mar 2016, Exelon Corporation (EXC) completed the much-awaited acquisition of Pepco Holdings and has plans to invest $23 billion in regulated assets during the 2016-2018 time frame, which will help in earnings growth of 7% to 9%. In May 2016, Great Plains Energy Inc. (GXP) announced that it has entered into an agreement to acquire Westar Energy Inc. (WR).The transaction has an estimated value of $12.2 billion, including $3.6 billion of Westar Energy. On Feb 1, 2016, Dominion Resources Inc . (D) announced that it has entered into a definitive agreement to acquire Questar Corp. (STR). Dominion will require to shell out nearly $4.4 billion and assume Questar's outstanding debt. The transaction is expected to close by the end of 2016 subject to regulatory approvals. We are also likely to see major acquisition activities in the water utility space. During the first quarter of 2016, American Water Works Company (AWK) closed seven acquisitions adding 6,868 customers to its existing customer base. The seven pending acquisitions will add another 33,752 customers. Another player in the water utility space, Aqua America Inc. (WTR) has also completed several acquisitions in its service territories, adding 5,250 customers (as of May 3, 2016) to its existing customer base. To Sum Up We can have different fuel types like coal, oil, natural gas, nuclear power and renewable sources to produce electricity, but we do not have any alternative to electricity. Similarly, clean water and wastewater services do not have any viable substitute. This is perhaps the most vital driving factor for the industry. Stable operations, highly visible revenues and cash flows, combined with the sector's income/yield attributes are some of its key defining features. Without a doubt, the increase in interest rates in Dec 2015 has raised the borrowing costs for the utilities. With all eyes set to the next move of the Fed, it appears that the Fed chair has abandoned all plans of a rate hike in June citing weakness in international markets and lower-than-excepted job additions in May. Though Fed officials are seriously considering a hike in July or September, low interest rates for now will definitely benefit the utilities. Volatility in the markets has also driven investors to seek protection in the utility space. These regular dividend payers are often regarded as a ""bond substitute"" and consistent performing utilities continue to be a safe investment option for jittery investors. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AQUA AMER INC (WTR): Free Stock Analysis Report WESTAR ENERGY (WR): Free Stock Analysis Report QUESTAR (STR): Free Stock Analysis Report GREAT PLAINS EN (GXP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report CONN WATER SVC (CTWS): Free Stock Analysis Report CENTERPOINT EGY (CNP): Free Stock Analysis Report AMER WATER WORK (AWK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-06-14,19.6767,19.7001,19.2252,19.363,
EXC,2016-06-15,19.3962,19.7518,19.3562,19.5564,
EXC,2016-06-16,19.5487,19.6912,19.4636,19.5672,"Stocks Richard Pzena Has Bought for — Quarters Richard Pzena ( Trades , Portfolio ) is founder and co-chief investment officer of Pzena Investment Management LLC, with more than $24 billion under management. In both fourth quarter 2015 and first quarter 2016 the guru bought shares in the following stocks: Key Energy Services Inc. ( KEG ) During the fourth quarter, Pzena increased his stake by 297.60% and again bought shares in the company in the first quarter with an increase of 6.01%. The fund currently holds 3.61% of outstanding shares in the company, an onshore, rig-based well servicing contractor. It provides well services to oil companies, foreign national oil companies and independent oil and natural gas production companies. The company's largest shareholder among the gurus is PzenaAA with 3.61% of outstanding shares followed by Arnold Van Den Berg ( Trades , Portfolio ) with 1.26%, Jim Simons AA ( Trades ,AA Portfolio ) with 1.08%, Chuck Royce ( Trades , Portfolio ) with 0.34%, George Soros ( Trades , Portfolio ) with 0.31%, Jeremy Grantham ( Trades , Portfolio ) with 0.06%, Mario Gabelli ( Trades , Portfolio ) with 0.01% and Paul Tudor Jones ( Trades , Portfolio ) with 0.01%. TriMas Corp. ( TRS ) During fourth quarter 2015, the guru increased his stake by 0.94% and by 3.19% in first quarter 2016. The fund currently holds 1.19% of outstanding shares in the company, a manufacturer of engineered and applied products serving focused markets in a range of commercial, industrial and consumer applications. First-quarter net sales from continuing operations decreased 9.5% compared to first quarter 2015, and income from continuing operations was $8.3 million, or 18 cents per diluted share, as compared to income of $11.9 million, or 26 cents per diluted share, in the same quarter of a year before. Diamond Hill Capital ( Trades , Portfolio ) is the company's second-largest shareholder among the gurus with 0.98% of outstanding shares followed by T Boone Pickens ( Trades , Portfolio ) with 0.45%, JonesAA with 0.3%, and Murray Stahl ( Trades , Portfolio ) with 0.02%. PHH Corp. ( PHH ) During fourth quarter 2015, Pzena increased his stake by 1.30% and in the first quarter increased his stake 0.58%. The fund currently holds 1.73% of outstanding shares of the company, an outsource provider of mortgage and fleet management services. It provides mortgage banking services to a variety of clients including financial institutions and real estate brokers throughout the U.S. During the first quarter the unpaid principal balance of the Total Servicing Portfolio increased 4% compared to March 31, 2015, as a 21% increase in the subserviced portfolio was partially offset by a 12% decrease in the capitalized portfolio. The largest shareholder among the gurus is HOTCHKIS & WILEY with 10.21% of outstanding shares followed by Larry Robbins ( Trades , Portfolio ) with 9.89%, SimonsAA with 0.88%, RS Investment Management ( Trades , Portfolio ) with 0.14% and JonesAA with 0.03%. Jabil Circuit Inc. ( JBL ) During fourth quarter 2015, the guru About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-06-17,19.495,19.8182,19.449,19.8182,"Noteworthy ETF Outflows: IDU, D, AEP, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $63.4 million dollar outflow -- that's a 5.8% decrease week over week (from 8,550,000 to 8,050,000). Among the largest underlying components of IDU, in trading today Dominion Resources Inc (Symbol: D) is up about 0.1%, American Electric Power Company, Inc. (Symbol: AEP) is down about 0.2%, and Exelon Corp (Symbol: EXC) is up by about 0.6%. For a complete list of holdings, visit the IDU Holdings page » The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $101.68 per share, with $127.37 as the 52 week high point - that compares with a last trade of $126.73. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-06-20,19.872,19.9229,19.6854,19.7001,"Entergy (ETR) Unit Back to Service after Planned Outage Entergy Corporation 's ETR Indian Point Unit 2 nuclear plant has returned to service after a $120 million planned refueling outage, along with bolt replacement, inspections, upgrades and maintenance, in order to ensure continued safe and reliable performance. The plant was shut down on Mar 17, 2016, and was subsequently returned to service on Jun 16. Refueling outages conducted by the company every alternate year led to significant positive impacts on the region's economy, especially in terms of investments and job creation. Details of the Refueling Outage In addition to replacing fuel, workers inspected and replaced 278 bolts on a removable liner inside the reactor. Inspections affirmed that the plates secured by these bolts were not damaged, and were structurally sound and capable of safety function during operation. Workers also completed equipment enhancement to add another layer of safety redundancy to the plant's cooling systems. Both inspection and replacement of bolts were successful, and the U.S. Nuclear Regulatory Commission noted that there were no safety concerns. Entergy intends to conduct a similar inspection at Unit 3 early next year. The company is committed to nuclear power generation because of multiple benefits such as its clean-burning nature, reliability, and long-term cost effectiveness. The company contributes almost two-thirds of the total clean energy generated in the U.S. ENTERGY CORP Price ENTERGY CORP Price | ENTERGY CORP Quote Shut Down of Nuclear Units In spite of all the safety standards maintained at nuclear plants, risks of potential accidents are a major concern. Insurance does not always cover all expenses related to such accidents either. In case of a major accident, the company has to bear the entire expense alone, which puts its margin under considerable pressure. Moreover, the cost of operating old plants is also very high. In addition to the challenges in the electricity market, rising operating cost and declining revenues have prompted Entergy to cease operations of its Massachusetts-based Pilgrim plant by May 2019 following a refueling outage in the spring of 2017. In a similar move, Exelon Corporation EXC , a leading competitive power generator in the U.S., has decided to shut down its loss making Clinton and Quad Cities nuclear power plants owing to the lack of progress on the Next Generation Energy Plan legislation, which could have helped to bring the plants back to profitability. Other Clean Energy Initiatives at Entergy Apart from nuclear-fired generation, Entergy operates fossil fuel and hydro power fleets as well. In Mar 2016, the company announced that its three affiliates - Entergy Arkansas, Entergy Louisiana and Entergy New Orleans - have acquired natural gas-powered Union Power Station near El Dorado, AR. Union Power Partners has a capacity of 1,980 megawatts (""MW""). It is a highly efficient natural gas-fired generating facility comprising four combined-cycle gas-fired generating units (CCGT), each with a capacity of 495 MW. Entergy Arkansas and Entergy New Orleans have acquired one CCGT each, while Entergy Louisiana got two CCGTs. With regulatory focus on curbing carbon emissions, this acquisition is aimed to boost Entergy's clean energy resources and drive efficiency. Zacks Rank & Key Picks Entergy Corporation currently carries a Zacks Rank #3 (Hold). A couple of better-ranked peers in the same space include Avangrid, Inc. AGR and Spark Energy, Inc. SPKE , both sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report SPARK ENERGY (SPKE): Free Stock Analysis Report AVANGRID INC (AGR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-06-21,19.7147,19.9874,19.5809,19.8819,"The U.S. Nuclear Boom Has Turned Into a Dud Five years ago, we were supposed to be entering a nuclear renaissance. A string of new nuclear plants were being planned and there were loan guarantee programs in place from the federal government to make their construction possible. Alas, today, the nuclear industry in the U.S. is dying. Old plants are shutting down, new plants are vastly over budget, and there doesn't seem to be any appetite to take a risk on starting construction on next-generation plants. Where did things go wrong? America's nuclear champion abandons its post Exelon (NYSE: EXC) is the country's largest nuclear plant operator and has a huge incentive to see nuclear succeed. But it's losing the battle to keep its older nuclear plants alive. The Quad Cities Generating Station and Three Mile Island nuclear plants it owns failed to clear the PJM capacity auctions for 2019/2020 -- meaning plants with lower energy costs won the auction -- and it's unclear how the plants can survive beyond 2019. But that's not the latest problem Exelon faces. After the Illinois legislature declined to provide financial incentives to the Clinton Power Station and Quad Cities Generating Station it appears the plants are going to be the next to shut down. The company said it will close the Clinton plant next June and the Quad Cities plant a year later. This could be a bad sign for Duke Energy (NYSE: DUK) , FirstEnergy (NYSE: FE) , and Entergy (NYSE: ETR) , all of whom own multiple nuclear plants across the country. If Exelon can't justify keeping plants open based on economics, how long will other plants last? New nuclear plants have been a disaster Older plants are being shut down, but new plants aren't faring much better. Southern Company 's(NYSE: SO) Vogtle nuclear plant addition has seen costs surge more than 50% over the original budget to over $21 billion. And at that price, there's no chance nuclear would be competitive on a cost basis with natural gas or renewable energy. NRG Energy (NYSE: NRG) found that its nuclear plant in Texas wasn't worth the cost in 2011, taking a $481 million writedown in the process. In NRG's case, cost overruns doomed the project before it really got started. How nuclear energy could survive What's strange about the fall of nuclear energy, especially older plants, is that it's losing primarily to natural gas in capacity bids and in new construction. If the goal of the Clean Power Plan, environmentalists, and the energy industry in general is to lower emissions, it seems strange to shut down nuclear plants and replace them with natural gas. But the nuclear industry hasn't won the kind of support wind and solar have. That's also a lost opportunity for the nuclear industry, which could be providing a bridge to the renewable energy future. If companies like Exelon, FirstEnergy, and Entergy can work with renewables to be part of the clean energy plan, it could save more plants from being shut down -- and shutting down two plants in Illinois might be the wake-up call the industry needs. A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . Travis Hoium has no position in any stocks mentioned. The Motley Fool owns shares of NRG Energy, Inc. The Motley Fool recommends Southern Company. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-06-22,19.9287,19.9512,19.6727,19.6952,"Exelon (EXC) Unit to Issue $1.2B Bonds to Refinance Debts Exelon Corporation 's EXC unit, Commonwealth Edison Company (ComEd), announced that it priced $1.2 billion aggregate principal amount of its First Mortgage Bonds. The bond sale is scheduled to close on Jun 27, 2016. Details of the Issue ComEd will issue two series of bonds. While one series will comprise $500 million, 10-year bond maturing on Jun 15, 2016, having an interest rate of 2.55%, the other will be a $700 million, 30-year bond maturing on Jun 15, 2046, having an interest rate of 3.650%. Utilization of the Proceeds It is a common corporate practice to issue new debts to fund ongoing projects and for other purposes. ComEd will use the proceeds from the sale of the bonds to refinance outstanding principal amounts of long-term debt, repay a portion of its outstanding commercial paper obligations and use the balance for general corporate purposes. ComEd has successfully invested nearly $1.7 billion annually in capital expenditures across hundreds of projects. EXELON CORP Price EXELON CORP Price | EXELON CORP Quote Low Interest - a Major Help for Utilities Utilities are capital intensive and need to have a continuous inflow of funds to carry out their organic growth and infrastructure upgrade projects. This is essential in maintaining an uninterrupted supply of basic amenities like electricity, fresh water and gas. The recent decision of the Fed to retain the present interest rate is definitely a boon for the utilities. In a low rate environment, the capital intensive utility sector can lower its interest burden. Our View Currently, Exelon's outstanding debt is a little higher than the industry average as it needed to issue fresh debts to fund the Pepco Holding acquisition. The acquisition is expected to increase cash flow by $700 million to $850 million in the 2017-2019 time frame. This will help the company to meet its debt obligation. The Fed might decide to hike interest rates in the second half of 2016, subject to economic recovery, which will go against the utilities. So, we believe it is quite sensible for the company to raise funds while rates are still low. Zacks Rank Exelon currently has a Zacks Rank #3 (Hold). Some better-ranked stocks in the same space are Avista Corp. AVA , CenterPoint Energy, Inc. CNP and DTE Energy Company DTE , all carrying a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CENTERPOINT EGY (CNP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report AVISTA CORP (AVA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-06-23,19.7685,19.9922,19.6669,19.9922,"Exelon (EXC) Takes Formal Steps to Close 2 Nuclear Units Exelon CorporationEXC finally took formal initiatives to shut down its two loss making nuclear fuel based electricity generation units. The company has informed the Nuclear Regulatory Commission (NRC) its intention to close its Clinton and Quad Cities nuclear stations in 2017 and 2018, respectively. Nuclear Units to Retire Clinton and Quad Cities nuclear stations have generation capacity of 1,069 megawatt (MW) and 1,871 MW, respectively. Nuclear power comprised 19,500 MW or nearly 59.6% of Exelon's total production in the first quarter of 2016. These two plants together contributed nearly 9% of the first-quarter production. Per Exelon's notification, the Clinton Power Station in Clinton, will close on Jun 1, 2017, and the Quad Cities Generating Station in Cordova, will close on Jun 1, 2018. The retirement of these nuclear plants comes much earlier than their effective life. Why the Closure Running a nuclear power plant safely and adhering to stringent environment regulations increase the cost of operations. So, if higher costs are not matched by power unit selling prices, it will inevitably lead to losses. From 2009 through 2015, Quad Cities and Clinton have incurred more than $800 million and Exelon has been working on the Illinois energy legislation for the past two years to find a solution. However, there has hardly been any progress on this front leading the company to take this final step. EXELON CORP Price EXELON CORP Price | EXELON CORP Quote Strong Case for Nuclear Power Nuclear power plants invariably involve a high degree of risk, but proper maintenance and safety checks make Exelon's nuclear generation units among the finest and safest in the nation. The U.S. Environmental Protection Agency' s (EPA) finalized Clean Power Plan calls for CO2 reduction of 28% by 2025 and 32% by 2030, from 2005 levels. We believe retiring old coal-fired units while adding more natural gas and renewable generation units will not be sufficient enough to bring a solution. The U.S. utility sector needs to pay more attention to the nuclear generating power units, which contribute a substantial volume of clean energy. Per a study from Exelon, nuclear energy facilities currently produce 64% of America's clean, carbon-free electricity. Zacks Rank Exelon has a Zacks Rank #3 (Hold). Some better-ranked stocks in the same space are Black Hills Corporation BKH , CenterPoint Energy, Inc. CNP and DTE Energy Company DTE , all carrying a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CENTERPOINT EGY (CNP): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report BLACK HILLS COR (BKH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-06-24,19.705,20.0254,19.5437,19.6727,
EXC,2016-06-27,19.6044,19.8525,19.4089,19.7871,"3 Utility Stocks to Buy for Brexit Protection InvestorPlaceInvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors the land over are preparing for Brexit aftershocks in the weeks to come. Money is rotating from the most suspect of sectors into those with a history of weathering storms. Source: ©iStock.com/brento While any and all stocks with European exposure are being jettisoned, lower-volatility, income-producing stocks are being embraced. Chief among the market leaders during Friday's bloodbath was the utilities sector. At one point the Utilities Select Sector SPDR Fund ( XLU ) was up 1%. Impressive, to say the least. The dominance of utilities stocks can be attributed to a number of factors. First, the flight to safety has driven bond prices into the stratosphere, killing bond yields in the process. The 10-year yield, which started the year north of 2%, has now fallen sub-1.5%. And while U.S. Treasuries' income-producing qualities are superior to most other countries, 1.5% leaves much to be desired for income-seeking investors. Enter utility stocks with their juicy 3.3% yield. Second, the utility sector has long since been a member of the defensive sector camp. With their lower volatility and more predictable cash flow streams, the attraction of utility stocks grows when market turmoil strikes. The 10 Best Dividend Stocks Across All 10 Sectors Here are three utility stocks offering protection from the Brexit brouhaha. Utility Stocks for Brexit Protection: Duke Energy Corp (DUK) Source: OptionsAnalytix First up we have Duke Energy Corp ( DUK ). The Charlotte-based electric power holding company held up like a champ last week. Should the yield chase persist in the months ahead, look for DUK stock to revisit its all-time highs near $90. Little resistance remains between here and there. There's nothing not to like about Duke's chart here. All trends point higher with rising moving averages to accompany them. Volume patterns are firmly in favor of buyers, with accumulation days multiplying in recent weeks. The high base forming in DUK over the past week is signaling a clean entry point over the $83 level. A break above that price threshold is as good a signal as any to climb aboard this utility stock. Utility Stocks for Brexit Protection: Exelon Corporation (EXC) Source: OptionsAnalytix Next up we have ExelonCorporation ( EXC ). While the utility stock remains a far cry from its all-time highs, strides have been made in recent months. Since vaulting higher amid the January stock swoon, EXC has spent the past few months in consolidation mode. Its meanderings have taken on the form of a symmetrical triangle. If you're looking for some price appreciation to go along with your yield, consider waiting until EXC stock can pop above $35.50 before pulling the trigger. The Top 10 S&P 500 Dividend Stocks to Buy Now Such a breakout may well kick off a renewed advance. Utility Stocks for Brexit Protection: American Electric Power Company Inc (AEP) Source: OptionsAnalytix American Electric Power Company Inc ( AEP ) rounds out the list, and it may just be the best of the bunch. AEP notched a new all-time high Friday, rallying on heavy volume. And while the stock closed a touch off its highs, it left chart watchers with a beauty of a setup to behold. The action over the past three months has taken on the form of a cup-and-handle type pattern. Look for a breakout over $67.50 in the days ahead. At the time of this writing Tyler Craig had no positions on any of the aforementioned securities. The post 3 Utility Stocks to Buy for Brexit Protection appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-06-28,19.8603,19.957,19.6767,19.9512,"Think We Can Abandon Nuclear Energy? Don't Look at This Chart. Image source: The Breakthrough Institute , data from BP Energy Outlook 2013. Significant investments are needed to grow carbon-free energy sources from 14% of consumption today to 90% or more by the back half of the 21st century. Not only do we have to supplant existing energy sources, but we'll also have to outpace increases in energy consumption driven by industrializing economies and quickly growing fleets of power-hungry electric vehicles. Plummer summarized the preceding chart and the task in front of us, writing : ""That means (roughly) deploying 1 gigawatt of carbon-free power every single day for the next century -- the equivalent of opening a large nuclear power plant around the world every day, or raising 1,500 wind turbines every day."" Rather than shuttering nuclear reactors, we should, at the very least, invest in keeping existing nuclear facilities in operation. And while continuing to build traditional nuclear reactors may not make much economic sense, next-generation reactors that are smaller, cheaper, and meltdown-proof (and can consume nuclear wastes ) may play an important role in helping us achieve 90% carbon-free energy. What does it mean for investors? Investors understand that economics always wins - eventually. It may appear that the markets have spoken and nuclear is non-competitive. But it's not quite fair to subsidize wind and solar while leaving nuclear power out to dry, especially if we have decided that there's tremendous value in energy sources that reduce or eliminate emissions. If you think we can do without nuclear energy, perhaps the preceding chart will have nudged you to reconsider. A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . Maxx Chatsko has no position in any stocks mentioned. Follow him on Twitter to keep up with developments in the engineered biology field. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-06-29,20.0196,20.1622,19.9063,20.089,
EXC,2016-06-30,20.1407,20.8041,19.9747,20.7983,Investors must adjust their portfolios now for a changing climate Two critical factors to weigh now are rising sea levels and increasing regulations Even climate-change skeptics would be smart to look at their portfolios through the lens how companies are adapting to rising sea levels and regulatory changes.
EXC,2016-07-01,20.85,20.855,20.6204,20.8266,
EXC,2016-07-05,20.6204,20.7778,20.5237,20.7132,"Exelon (EXC) Touches 52-Week High on Growth Initiatives Shares of Exelon CorporationEXC rallied to a new 52-week high of $36.46 during Friday's trading session, before closing a tad lower at $36.41. Chicago, IL-based Exelon, together with its subsidiaries, is engaged in the production, purchase, transmission, distribution and sale of electricity as well as distribution and sale of natural gas. The stock has delivered a one-year return of about 19.3%. Over the past 52 weeks, Exelon Corporation's shares have ranged from a low of $25.09 on Dec 14, 2015 to a high of $36.46 on Jul 1, 2016. The average volume of shares traded over the last three months is approximately 5.2 million. What's Driving the Stock? Systematic investments in distribution automation or digital smart switches increased the reliability of Exelon's services. The company is also planning to implement a long-term cost-reduction strategy worth $350 million to improve its financial flexibility. Notably, Exelon has beaten estimates in three out of the last four quarters, averaging a positive surprise of 8.27%. EXELON CORP Price EXELON CORP Price | EXELON CORP Quote We remind investors that Exelon invests substantially to strengthen its infrastructure projects. Post the completion of its Pepco Holdings acquisition, the company raised its capital investment plans to $23 billion from $18.9 billion for the 2016-2018 time frame. Backed by its long-term investments plans, the company expects earnings to grow 7% to 9% annually over the same period. In addition, the Pepco Holdings buyout is expected to boost cash flow by $700 million to $850 million in the 2017-2019 time period, besides providing various socio-economic advantages and benefits to customers. Meanwhile, Exelon's ongoing investments in renewables and natural gas construction indicate its diversification initiatives. Its unit, Exelon Generation has recently purchased the 198 megawatt (MW) Bluestem wind farm in Beaver County, OK from Renewable Energy Systems (RES). The project is slated to be completed by 2016 end. Moreover, in 2016, Exelon intends to install 350MW of contracted renewable projects including the Michigan Wind 3 and the Bluestem Wind projects. These initiatives will reduce its dependence on nuclear plants, going forward. Zacks Rank & Key Picks Exelon Corporation currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the same space include Black Hills Corporation BKH , Korea Electric Power Corporation KEP and Spark Energy, Inc. SPKE , each sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report KOREA ELEC PWR (KEP): Free Stock Analysis Report BLACK HILLS COR (BKH): Free Stock Analysis Report SPARK ENERGY (SPKE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-07-06,20.7182,20.98,20.5901,20.9546,
EXC,2016-07-07,20.85,20.895,20.3527,20.4192,
EXC,2016-07-08,20.4494,20.6742,20.2325,20.6547,
EXC,2016-07-11,20.6254,20.8383,20.4621,20.8207,
EXC,2016-07-12,20.8207,20.98,20.7689,20.8383,
EXC,2016-07-13,20.936,21.0337,20.7465,21.022,
EXC,2016-07-14,20.9009,20.975,20.7465,20.814,"[""3 Companies Threatening FuelCell Enegy's Success In fact, GE claims that it is close to producing a 1.3 MW fuel cell CHP demonstration system. Combining its SOFC with its Jenbacher gas-fueled reciprocating engine, GE has developed a system with 65% electrical efficiency and 90% efficiency when configured for CHP. By comparison, FuelCell reports that its DFC power plant has 47% electrical efficiency while also having 90% efficiency when configured for CHP. Upon successful development of its demonstration system, GE intends to scale it up to the 10 MW range. If and when it accomplishes this, GE will emerge as one of FuelCell's most formidable competitors. For one, GE will compete with FuelCell on the quality of its product since GE appears to have achieved greater electrical efficiency. Also, GE's economies of scale will dwarf FuelCell's capabilities, affording GE the ability to exert significant pricing pressure on FuelCell. Another top dog in the industry FuelCell doesn't count just its fuel cell peers as competitors; it also identifies companies dealing in traditional power generation equipment. In this regard, Caterpillar (NYSE: CAT) , similarly to GE, represents significant competition. With $47 billion in revenue for 2015, Caterpillar is a global leader in manufacturing diesel and gas engines as well as industrial gas turbines -- all sources of competition for FuelCell. Solely in terms of its cogeneration solutions, Caterpillar is a fierce adversary. It uses pipeline natural gas to supply electricity and heating to various industrial facilities, such as manufacturing plants, refineries, and regional district heating plants. In addition, Caterpillar can provide its CHP solutions to commercial facilities such as universities, data centers, and hospitals. FuelCell believes that its DFC power plant is an ideal solution for complementing the intermittent power generated by solar and wind assets. Herein, Caterpillar also represents competition. Cat Microgrid technologies can be a turnkey solution or custom built. Image source: Caterpillar corporate website. This past April, the company announced the launch of its microgrid solution, which leverages its traditional power generation equipment, solar power, and energy storage. A burgeoning market, fuel cells are frequently considered in microgrid applications. According to a report from Navigant Research earlier this year, the global microgrid market is expected to grow from 1.4 GW in 2015 to 7.6 GW in 2024, suggesting there's plenty of opportunity for FuelCell to gain market share. But with industry stalwarts like Caterpillar also vying for share, FuelCell's task is exceedingly onerous. The takeaway The growing adoption of solar and wind power suggests that there is a paradigm shift under way. Surely this provides hope for FuelCell Energy -- another alternative power provider. But the company's success doesn't just rely on changing its prospective customers' attitudes. There are industry giants looking to do the same. And, unlike FuelCell, they're much better equipped to withstand the fits and starts of the nascent industry. A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . Scott Levine has no position in any stocks mentioned. The Motley Fool owns shares of General Electric. The Motley Fool recommends Dominion Resources. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for July 14, 2016 Benchmarks finished mixed on Wednesday following a slump in oil prices and speculations that the Bank of England might cut rates to support Britain's economy. Oil prices declined following weaker-than-expected fall in U.S. crude inventories, following which most of yesterday's gains were curtailed. Although both the Dow and S&P 500 managed to end in the green, the Nasdaq declined to close in negative territory. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article. The Dow Jones Industrial Average (DJI) increased 0.1%, to close at 18,372.12. The S&P 500 rose 0.29 points to close at 2,152.43. However, the tech-laden Nasdaq Composite Index closed at 5,005.73, losing 0.3%. The fear-gauge CBOE Volatility Index (VIX) decreased 3.8% to settle at 13.04. A total of around 6.5 billion shares were traded on Wednesday, lower than the last 20-session average of 7.86 billion shares. Decliners outpaced advancing stocks on the NYSE. For 46% stocks that declined, 52% advanced. Following three straight sessions of gains on the back of reduced uncertainty over \""Brexit\"", Japan's aim to launch more stimulus measures and encouraging economic data, markets closed mostly mixed yesterday. Although both the Dow and S&P 500 reached record highs for the second and third consecutive trading days, respectively, the Nasdaq finished in the red following five straight sessions of gains. In U.K., Theresa May succeeded David Cameron as the new British Prime Minister following Cameron's resignation post \""Brexit\"" referendum results. Moreover, it is expected that in order to boost Britain's economic condition following its exit from the European Union, Bank of England might reduce interest rates for the first time in seven years. Britain's central bank is expected to reduce the key interest rate from 0.5% to 0.25% today, which in turn had a broad-based positive impact on global and domestic markets. Safe-haven sectors like utilities and telecom emerged as the biggest gainers yesterday. The Utilities Select Sector SPDR (XLU) increased 0.8% and was the best performer among the S&P 500 sectors. Key utilities stocks including PG&E Corporation ( PCG ), Public Service Enterprise Group Inc. ( PEG ), Edison International ( EIX ), Exelon Corporation ( EXC ) and Duke Energy Corporation ( DUK ) advanced 1.4%, 1.2%, 1.1%, 0.9% and 0.7%, respectively. Further, the telecom services sector within the S&P 500 also gained 0.8%. Some of its key holdings including AT&T, Inc. ( T ), CenturyLink, Inc. ( CTL ), Level 3 Communications, Inc. ( LVLT ) and Verizon Communications Inc. ( VZ ) rose 0.4%, 0.5%, 3.5% and 1%, respectively. However, oil prices fell yesterday after the U.S. Energy Information Administration (EIA) reported a lower-than-expected decline in crude inventories. EIA reported that U.S. commercial crude oil inventories fell 2.5 million barrels to 521.8 million for the week ended July 8. This was narrower than analysts' forecasts of a decrease of 3 million barrels. According to the report, motor gasoline inventories rose 1.2 million barrels last week, in contrast to analysts' forecasts of a decline of 432,000 barrels. WTI crude fell 4.6% to $44.75 per barrel, falling below the resistance level of $46 a barrel and settling at its lowest level since May 10. Brent crude also slumped 4.8% to $46.26 a barrel. Decrease in oil prices led the Energy Select Sector SPDR (XLE) to fall 0.9%, which emerged as the biggest decliner among the S&P 500 sectors. Key energy stocks including, Chesapeake Energy Corporation ( CHK ), Diamond Offshore Drilling, Inc. ( DO ), ConocoPhillips ( COP ), EOG Resources, Inc. ( EOG ) and Halliburton Company ( HAL ) declined 5%, 4.1%, 2.1%, 1.5% and 1.8%, respectively. Both Dow components Exxon Mobil Corporation ( XOM ) and Chevron Corporation ( CVX ) decreased 0.1%. In economic news, economic activity expanded at modest pace in most districts of the U.S., per the Fed's Beige Book. All the 12 districts indicated moderate growth in economic activity since the previous Beige Book report. Steady growth in employment and \""modest to moderate\"" wage pressures helped labor market conditions to remain stable. \""Price pressures remained slight\"" and consumer spending was 'generally positive.\"" Although manufacturing and agricultural activity remained \""mixed\"", they showed signs of improvements. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PG&E CORP (PCG): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report EDISON INTL (EIX): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report AT&T INC (T): Free Stock Analysis Report CENTURYLINK INC (CTL): Free Stock Analysis Report LEVEL 3 COMM (LVLT): Free Stock Analysis Report VERIZON COMM (VZ): Free Stock Analysis Report CHESAPEAKE ENGY (CHK): Free Stock Analysis Report DIAMOND OFFSHOR (DO): Free Stock Analysis Report CONOCOPHILLIPS (COP): Free Stock Analysis Report EOG RES INC (EOG): Free Stock Analysis Report HALLIBURTON CO (HAL): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Entergy May Sell FitzPatrick Plant to Exelon: Here's Why Entergy CorporationETR is currently in talks with Exelon Corporation EXC regarding a potential sale of its James A. FitzPatrick nuclear power plant in Scriba, NY. This followed the New York Department of Public Service's proposal to subsidize zero-emission attributes of upstate nuclear power plants, including Fitzpatrick. Note that in addition to the challenges in the electricity market, rising operating costs and declining revenues prompted Entergy to decide in Nov 2015 to retire the FitzPatrick nuclear power plant. On the latest development, Entergy has disclosed that if negotiations with Exelon do not have a positive outcome, the company will cease operations of the plant next January. Apart from the Clean Energy Standard, a transaction between Entergy and Exelon would be subject to other regulatory approvals.Entergy and Exelon expect to come to a conclusion by mid-August. Hence, the potential terms of the agreement have been kept under wraps. ENTERGY CORP Price ENTERGY CORP Price | ENTERGY CORP Quote Strategic Initiatives Entergy is gradually transforming itself from a merchant power to a pure-play utility. Keeping with this, the company plans to lower its exposure in the risk-prone and volatile wholesale commodities market by scaling down the Entergy Wholesale Commodities (\""EWC\"") business. This strategy should be prudent given that regulated spending offers a secured rate of return. The company has also outlined plans for growth at its utility segment and maintaining a smaller footprint at EWC. It has already closed the Vermont Yankee unit in 2014 and its Pilgrim nuclear unit is expected to be shut down by May 2019. Thereafter, Entergy will be left with Indian Point only, which has a power purchase agreement through 2022. Disadvantages of Nuclear Generation In spite of all safety standards maintained at nuclear plants, risks of potential accidents are a major concern. Insurance does not always cover all expenses related to such accidents either. In case of a major accident, the company has to bear the entire expense alone, which puts its margin under considerable pressure. Moreover, the cost of operating old plants is also very high. Exelon operates the largest fleet of nuclear plantsin the U.S. But it is facing its own share of economic troubles with the units. Last month,the company announced itsplan to close Quad Cities and Clinton facilities for economic reasons. Exelon has also stated that its Byron and Three Mile Island plants are at a risk of closure. The Upside Entergy would become a more regulated utility if the sale of FitzPatrick is successfully completed. On the other hand, Exelon will be able to increase its economies of scale by adding FitzPatrick to its other reactors in New York - Nine Mile Point and R.E. Ginna. Note that with subsidies being considered in New York, Nine Mile Point and R.E. Ginna would be eligible to receive the same under the Department of Public Service proposal. If the proposal gets approved, Exelon is likely to invest significantly in upstate nuclear plants. As per Exelon these two nuclear power plants produce 2.4 billion watts of zero-carbon electricity. Zacks Rank & Key Picks Entergy currently carries a Zacks Rank #3 (Hold). A couple of better-ranked stocks in the same space are Black Hills Corporation BKH and Alliant Energy Corporation LNT . While Black Hills sports a Zacks Rank #1 (Strong Buy), Alliant Energy has a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report ENTERGY CORP (ETR): Free Stock Analysis Report BLACK HILLS COR (BKH): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-07-15,20.8617,20.936,20.7719,20.8745,
EXC,2016-07-18,20.8745,21.0787,20.809,20.975,"[""NextEra's Hawaiian Electric Bid Rejected, Merger Called Off NextEra Energy, Inc. 's NEE proposed takeover of Hawaiian Electric Industries, Inc. HE has been rejected by regulatory authorities, after nearly two years of its initial filing. The rejection has lead the parties to call off the merger. Details of the Ruling The Hawaiian Public Utilities Commission (HPUC) has rejected the $4.3 billion acquisition citing ambiguities related to NextEra Energy's commitment to support Hawaiian Electric's target of 100% green energy in the island chain. We remind investors that Hawaiian Electric set an ambitious target of installing smart grids, smart meters and converting cars to run on electricity to benefit consumers as well as to conserve the environment. NextEra Energy failed to outline a clear plan of action to benefit ratepayers as well as to help in the eventual conversion to renewable energy in the Hawaiian island. Instead, it was only focused on utilizing its technical expertise and economies of scale to transition into a bigger utility. Further, the loss of local control of the island's biggest utility and NextEra Energy's complex corporate structure posed concerns, as NextEra Energy had offered no steps to mitigate the impact of its structure on ratepayers. NEXTERA ENERGY Price NEXTERA ENERGY Price | NEXTERA ENERGY Quote Merger Called off After the receiving the HPUC ruling, NextEra Energy's management has decided not to pursue the merger hereafter. As part of the deal termination, NextEra Energy is obligated to pay a breakup fee of $90 million and reimburse $5 million to Hawaiian Electric as expenses related to proceedings. Exelon Managed to Reach Full Distance Earlier this year, Exelon Corporation EXC faced a similar situation when regulatory authorities rejected its proposed merger with Pepco Holdings, Inc. twice before giving the final nod. The deal, which was originally filed in 2014, hit a roadblock twice in the form of a rejection by the Public Service Commission of the District of Columbia. The regulatory body had opined that it was not in the best interests of the District and that it would also convert Pepco into a second-tier company. In the final filing, the companies proposed three approaches, any of which, if approved by the commission, would prevent a loss of more than $78 million in direct benefits for the District and Pepco customers. Finally, on Mar 23, 2016, Exelon was able to close its $6.8 billion merger with Pepco Holdings Inc., having received the regulatory approval to create the largest power distributor in the U.S. Utility Sector Overview The utility sector has been going through a phase of numerous mergers and acquisitions. Deals worth over $52 billion were closed or were pending in the utility sector in the U.S last year. This month, Canadian utility Emera Inc. closed the $10.4 billion acquisition of TECO Energy Inc., expanding its market presence and increasing regulated earnings to constitute 85% of its net income. With the sector gearing up for the upcoming earnings season, earnings in the second quarter of 2016 are expected to improve 20.6% in contrast to the S&P 500's projected decline of 5.4%. The On the other hand, revenues are expected to improve 2.4% compared to the expected decline of 0.5% for the S&P 500. Zacks Rank& key Picks in the Sector NextEra Energy carries a Zacks Rank #3 (Hold).A couple of better-ranked stocks in the utility space are Alliant Energy Corporation LNT and NiSource Inc. NI , both carrying a Zacks Rank #2(Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HAWAIIAN ELEC (HE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report NISOURCE INC (NI): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for Jul 18, 2016 : GE, NFLX, ARMH, QQQ, INTC, S, MSFT, HPE, RIG, XIV, BAC, EXC The NASDAQ 100 After Hours Indicator is down -8.43 to 4,611.25. The total After hours volume is currently 30,707,154 shares traded. The following are the most active stocks for the after hours session : General Electric Company ( GE ) is -0.03 at $32.88, with 10,501,930 shares traded.GE is scheduled to provide an earnings report on 7/22/2016, for the fiscal quarter ending Jun2016. The consensus earnings per share forecast is 0.46 per share, which represents a 31 percent increase over the EPS one Year Ago Netflix, Inc. ( NFLX ) is -15.49 at $83.32, with 8,297,530 shares traded. Market Realist Reports: What Factors Could Be Impacting Dish Network's Stock Price? ARM Holdings plc ( ARMH ) is +0.03 at $66.20, with 2,148,522 shares traded., following a 52-week high recorded in today's regular session. PowerShares QQQ Trust, Series 1 ( QQQ ) is -0.14 at $112.40, with 1,477,178 shares traded. This represents a 32.64% increase from its 52 Week Low. Intel Corporation ( INTC ) is +0.01 at $35.06, with 1,253,351 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2016. The consensus EPS forecast is $0.53. INTC is scheduled to provide an earnings report on 7/20/2016, for the fiscal quarter ending Jun2016. The consensus earnings per share forecast is 0.53 per share, which represents a 55 percent increase over the EPS one Year Ago Sprint Corporation ( S ) is unchanged at $4.75, with 1,149,948 shares traded.S is scheduled to provide an earnings report on 7/25/2016, for the fiscal quarter ending Jun2016. The consensus earnings per share forecast is -0.07 per share, which represents a -1 percent increase over the EPS one Year Ago Microsoft Corporation ( MSFT ) is +0.09 at $54.05, with 1,117,125 shares traded.MSFT is scheduled to provide an earnings report on 7/19/2016, for the fiscal quarter ending Jun2016. The consensus earnings per share forecast is 0.58 per share, which represents a 62 percent increase over the EPS one Year Ago Hewlett Packard Enterprise Company ( HPE ) is +0.03 at $19.82, with 814,844 shares traded. HPE's current last sale is 104.32% of the target price of $19. Transocean Ltd. ( RIG ) is unchanged at $12.26, with 789,952 shares traded. RIG's current last sale is 136.22% of the target price of $9. region ( XIV ) is +0.19 at $30.27, with 759,015 shares traded. This represents a 97.07% increase from its 52 Week Low. Bank of America Corporation ( BAC ) is +0.04 at $14.15, with 702,779 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2016. The consensus EPS forecast is $0.35. Market Realist Reports: PNC Financial Services Expands Commercial Lending Exelon Corporation ( EXC ) is unchanged at $36.67, with 582,866 shares traded. EXC's current last sale is 99.11% of the target price of $37. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-07-19,20.9126,20.9633,20.8207,20.9243,
EXC,2016-07-20,20.9067,20.936,20.7289,20.7357,"How To YieldBoost EXC From 3.5% To 6.2% Using Options Shareholders of Exelon Corp (Symbol: EXC) looking to boost their income beyond the stock's 3.5% annualized dividend yield can sell the January 2018 covered call at the $40 strike and collect the premium based on the $1.50 bid, which annualizes to an additional 2.8% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost ), for a total of 6.2% annualized rate in the scenario where the stock is not called away. Any upside above $40 would be lost if the stock rises there and is called away, but EXC shares would have to advance 10.2% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 14.3% return from this trading level, in addition to any dividends collected before the stock was called. In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Exelon Corp, looking at the dividend history chart for EXC below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 3.5% annualized dividend yield. Below is a chart showing EXC's trailing twelve month trading history, with the $40 strike highlighted in red: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2018 covered call at the $40 strike gives good reward for the risk of having given away the upside beyond $40. ( Do most options expire worthless? This and six other common options myths debunked ). We calculate the trailing twelve month volatility for Exelon Corp (considering the last 253 trading day closing values as well as today's price of $36.38) to be 25%. For other call options contract ideas at the various different available expirations, visit the EXC Stock Options page of StockOptionsChannel.com. In mid-afternoon trading on Wednesday, the put volume among S&P 500 components was 602,282 contracts, with call volume at 1.06M, for a put:call ratio of 0.57 so far for the day. Compared to the long-term median put:call ratio of .65, that represents high call volume relative to puts; in other words, buyers are showing a preference for calls in options trading so far today. Find out which 15 call and put options traders are talking about today . Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-07-21,20.7631,20.8823,20.7357,20.855,
EXC,2016-07-22,20.936,21.4284,20.9301,21.3973,
EXC,2016-07-25,21.3542,21.449,21.2692,21.449,"FirstEnergy (FE) Affiliate to Deactivate 5 Coal-Fired Units Akron-based diversified energy company, FirstEnergy CorporationFE announced that its affiliate FirstEnergy Solutions will retire coal-fired power totaling 856 megawatt (""MW"") at two of its plants. Units to go Offline The utility will retire four of the seven units, with a cumulative generation capacity of 720 MW, at the W.H. Sammis Plant in Ohio in May 2020. The remaining three units will continue to generate 1,490 MW of power. The company also intends to sell or shut down the last operating unit at its Bay Shore plant, which generates 136 MW of electricity, by Oct 2020. FirstEnergy cited high operating costs of aging coal-fired plants, which made them uneconomic in the wake of the current energy market fundamentals, as the primary reason behind the shutdown. Besides, the wholesale energy markets are no longer competitive. Stringent regulatory directives on emission control, and increasing usage of cheap natural gas and alternate sources of energy have lowered the usage of coal for electricity production. FIRSTENERGY CP Price FIRSTENERGY CP Price | FIRSTENERGY CP Quote Background Currently, FirstEnergy has a generation capacity of 5,167 MW in Ohio, which will go down to 4,311 MW after the retirements in 2020. However, the deactivations are subject to review by PJM (Pennsylvania-New Jersey-Maryland) Interconnection for reliability impacts. With the latest announcement, Ohio will have witnessed the shutdown of a total of 10,093 MW since 2010.This exceeds retirements in any other state and constitutes 9.5% of the total retirement in the U.S during the period. These deactivations are part of FirstEnergy's efforts to expand its regulated generation mix in order to stabilize the company's earnings trajectory. The last few years saw FirstEnergy successfully broadening its regulated operations. In the coming years, it plans to further reduce the merchant fleet generation so as to cushion itself against market volatilities. A Similar Step by a Peer Recently, Exelon Corporation EXC took formal initiatives to shut down two of its loss-making nuclear power plants. The company informed the Nuclear Regulatory Commission (NRC) of its intention to close the Clinton and Quad Cities nuclear stations in 2017 and 2018, respectively. From 2009 through 2015, Quad Cities and Clinton have incurred more than $800 million in losses and Exelon has been working on the Illinois energy legislation for the past two years to find a solution. However, there has hardly been any progress on this front, leading the company to take this final step. (Read: Exelon (EXC) Takes Formal Steps to Close 2 Nuclear Units ) Zacks Rank FirstEnergy carries a Zacks Rank #3(Hold).A couple of better-ranked stocks in the electricity space include Alliant Energy Corporation LNT and Avista Corp. AVA , both carrying a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report AVISTA CORP (AVA): Free Stock Analysis Report ALLIANT ENGY CP (LNT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-07-26,21.449,21.4764,21.1646,21.2145,"Noteworthy ETF Inflows: XLU, D, AEP, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $260.7 million dollar inflow -- that's a 3.1% increase week over week in outstanding units (from 160,774,160 to 165,724,160). Among the largest underlying components of XLU, in trading today Dominion Resources Inc (Symbol: D) is down about 0.7%, American Electric Power Company, Inc. (Symbol: AEP) is down about 0.3%, and Exelon Corp (Symbol: EXC) is lower by about 0.4%. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $40.80 per share, with $53.02 as the 52 week high point - that compares with a last trade of $52.39. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-07-27,21.0835,21.1764,20.7465,20.9301,"Wholesale Unit Helps Southern Company (SO) Beat Q2 Earnings Power supplier Southern CompanySO reported second-quarter 2016 earnings per share (excluding certain one-time items) of 74 cents, ahead of the Zacks Consensus Estimate of 69 cents and higher than the year-ago adjusted profit of 71 cents. The strong numbers can be attributed to robust performance from its wholesale unit. The Atlanta-based utility's quarterly revenue - at $4,453 million - came 2.7% higher than the second-quarter 2015 level of $4,337 million but fell just short of the Zacks Consensus Estimate of $4,461 million amid a dip in retail sales. Overall Sales Breakup While wholesale sales increased 4.4%, this was partly offset by a decline in Southern Company's retail electricity demand mild weather conditions. This brought about a slight downward movement in overall electricity sales and usage. Total electricity sales during the second quarter edged down 0.6% from the same period last year. Southern Company's total retail sales fell 1.6%, with residential, commercial and industrial sales down by 0.2%, 1.9% and 1.9%, respectively. Expenses Summary Southern Company's operations and maintenance cost remained essentially flat at $1,099 million, while the utility's total operating expense for the period - at $3,227 million - was also literally unchanged from the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. EXC and Duke Energy Corp. DUK - currently retains a Zacks Rank #3 (Hold). SOUTHERN CO Price, Consensus and EPS Surprise SOUTHERN CO Price, Consensus and EPS Surprise | SOUTHERN CO Quote A better-ranked player from the same industry would be DTE Energy Co. DTE . This Zacks Rank #2 (Buy) stock offers good value and is worth buying now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-07-28,20.9126,21.1275,20.8383,21.0835,
EXC,2016-07-29,21.0601,21.3923,20.9907,21.3239,
EXC,2016-08-01,21.279,21.5642,21.2106,21.4284,"[""Can American Water Works (AWK) Beat on Earnings in Q2? We expect American Water Works CompanyAWK to beat expectations when it reports second-quarter 2016 results after the market closes on Aug 3. Last quarter, this fresh water and wastewater service provider reported on par earnings. Why a Likely Positive Surprise? Our proven model shows that American Water Works Company is likely to beat estimates because it has the right combination of two key ingredients. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) to be able to beat estimates and American Water Works Company has the right mix. Zacks ESP : The Earnings ESP which represents the difference between the Most Accurate estimate of 76 cents and the Zacks Consensus Estimate of 72 cents is +5.56%. This is a meaningful and leading indicator of a likely positive surprise. Zacks Rank : American Water Works Company currently carries a Zacks Rank #2. The combination of American Water Works' favorable Zacks Rank and positive ESP makes us reasonably confident of a positive surprise this season. Conversely, we caution against Sell-rated stocks (#4 or #5) going into the earnings announcement, especially when the company is seeing negative estimate revisions. AMER WATER WORK Price and EPS Surprise AMER WATER WORK Price and EPS Surprise | AMER WATER WORK Quote Factors to Consider In the second quarter, the company completed the acquisition of a few water and wastewater service providers. The inorganic growth strategy continues to work for American Water Works Company, adding new customers and expanding its service territories. During the quarter, the company continued to invest in its regulated operation to strengthen its existing infrastructure. Positive return from its regulated operation is expected to drive performance in the quarter to be reported. Other Stocks to Consider American Water Works Company is not the only utility company looking up this earnings season. We see likely earnings beats coming from these utilities as well: Exelon Corporation EXC has an Earnings ESP of +1.79% and a Zacks Rank #3. The company is expected to release second-quarter 2016 results on Aug 9, before the market opens. Avista Corporation AVA has an Earnings ESP of +2.33% and a Zacks Rank #2. The company is expected to release second-quarter 2016 results on Aug 3, before the market opens. National Fuel Gas Company NFG has an Earnings ESP of +1.59% and a Zacks Rank #2. The company is expected to release third-quarter fiscal 2016 results after the market closes on Aug 4. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report AVISTA CORP (AVA): Free Stock Analysis Report NATL FUEL GAS (NFG): Free Stock Analysis Report AMER WATER WORK (AWK): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""What's in Store for Dominion (D) This Earnings Season? Dominion Resources, Inc . D will release second-quarter 2016 financial results before the market opens on Aug 3. Last quarter, this electric utility came out with on par earnings. Let's see how things are shaping up at the company prior to this announcement. Factors to Consider Second-quarter earnings of this utility are expected to be adversely impacted by share dilution and outage at its Millstone Unit 3. The Millstone Unit 3 reactor had to be shut down due to a hydrogen gas leak during the quarter. The unplanned outage followed a planned outage for refueling. Dominion Resources expects to generate second-quarter 2016 operating earnings in a range of 65 to 75 cents per share compared with 73 cents in the year-ago period. Despite warmer-than-normal temperatures, earnings are likely to be affected by the aforesaid reasons. Earnings Whispers Our proven model does not conclusively show that Dominion Resources is likely to beat estimates this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) for this to happen. But, that is not the case here as you will see below. Zacks ESP : The Most Accurate estimate is pegged at 70 cents while the Zacks Consensus Estimate is 71 cents, resulting in an Earnings ESP of -1.41%. Zacks Rank : Though Dominion Resources' Zacks Rank #3 increases the predictive power of the ESP, its -1.41% ESP makes a beat unlikely this quarter. Note that we caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions. DOMINION RES VA Price and EPS Surprise DOMINION RES VA Price and EPS Surprise | DOMINION RES VA Quote Stocks to Consider Here are a few stocks in the utility space worth considering as our model shows that thy have the right combination of elements to beat estimates this quarter: Exelon Corporation EXC has an Earnings ESP of +1.79% and a Zacks Rank #3. The company is expected to release second-quarter 2016 results on Aug 9, before the market opens. Avista Corporation AVA has an Earnings ESP of +2.33% and a Zacks Rank #2. The company is expected to release second-quarter 2016 results on Aug 3, before the market opens. Duke Energy Corporation DUK has an Earnings ESP of +2.0% and a Zacks Rank #3. It is expected to report second-quarter earnings before the market opens on Aug 4. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report AVISTA CORP (AVA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-08-02,21.3015,21.3366,21.0044,21.0387,"Will Brookfield Infrastructure (BIP) Q2 Earnings Disappoint? Brookfield Infrastructure Partners L.P . BIP is scheduled to report second-quarter 2016 results before the opening bell on Aug 3. Brookfield Infrastructure's earnings last quarter were 4.08% higher than expected. Let's see how things are holding up for the second quarter. Factors to Consider Brookfield Infrastructure aims to create a globally diversified asset portfolio that will assure sustainable returns for its unit holders. At present, Brookfield Infrastructure Partners has three advanced transactions with the partnership having the potential to deploy almost $500 million in capital. All these three transactions will be funded from its existing liquidity. The partnership will bring online some of its organic initiatives which are expected to boost performance in the second half of 2016. So, the first half results of Brookfield Infrastructure are expected to be lower than the second half. Earnings Whispers? Our proven model does not conclusively show that Brookfield Infrastructure Partners is likely to beat estimates this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) for this to happen. But that is not the case here, as you will see below. Zacks ESP : Earnings ESP, which represents the difference between the Most Accurate estimate - here it's $1.03 - and the Zacks Consensus Estimate - here it's $1.03 - is 0.00%. Zacks Rank: Brookfield Infrastructure's Zacks Rank #3 increases the possibility of a beat, but the 0.00% ESP makes it unlikely that this will see fruition this season. As it is, we caution against stocks with a Zacks Rank #4 and #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. BROOKFIELD INFR Price and EPS Surprise BROOKFIELD INFR Price and EPS Surprise | BROOKFIELD INFR Quote Stocks to Consider Instead, here are a few players in the electric power industry that have the right combination of elements to post an earnings beat this quarter. Dominion Resources Inc. D has an earnings ESP of +1.43% and a Zacks Rank #3. It is expected to report second-quarter earnings on Aug 3. Duke Energy Corporation DUK has an earnings ESP of +2.00% and a Zacks Rank #3. It is expected to report second-quarter earnings on Aug 4. Exelon Corporation EXC has an earnings ESP of +1.79% and a Zacks Rank #3. It is expected to report second-quarter earnings on Aug 3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report BROOKFIELD INFR (BIP): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-08-03,21.0601,21.1178,20.8383,20.9174,"[""What's in Store for Scientific Games (SGMS) in Q2 Earnings? Scientific Games CorporationSGMS is expected to report second-quarter 2016 results on Aug 5. Last quarter, it posted a negative earnings surprise of 5.94%. Scientific Games has posted positive earnings surprises in three of the trailing four quarters, resulting in an average positive earnings surprise of 23.39%. Let's see how things are shaping up for this announcement. Factors at Play Scientific Games' premium position in the gaming equipment space along with a robust product line and a recovering financial position are significant positives. Also, we are optimistic about the company's ongoing cost cutting initiatives. Bally Technologies and WMS Industries acquisitions are positives for the company as they diversify its product portfolio and expand its global footprint. Scientific Games' business has been impacted because of the weakness in the gaming segment, especially with regard to WAP, premium installed base and gaming systems. Also, the acquisitions put Scientific Games' balance sheet under pressure as the company opted for debt financing for the buyout. Further, significant competition continues to be a major concern. Earnings Whispers Our proven model does not conclusively show that Scientific Games is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below. Zacks ESP: Scientific Games has an Earnings ESP of -29.27%. This is because the Most Accurate estimate stands at a loss of $1.06 whereas the Zacks Consensus Estimate stands at a loss of 82 cents. Zacks Rank: Scientific Games has a Zacks Rank #4 (Sell). We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. SCIENTIFIC GAME Price and EPS Surprise SCIENTIFIC GAME Price and EPS Surprise | SCIENTIFIC GAME Quote Stocks to Consider Here are some stocks that, as per our model, have the right combination of elements to post an earnings beat this quarter: Analog Devices, Inc. ADI has an Earnings ESP of +2.63% and a Zacks Rank #2. CenturyLink, Inc. CTL has an Earnings ESP of +5.08% and a Zacks Rank #2. Exelon Corporation EXC has an Earnings ESP of +1.79% and a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report SCIENTIFIC GAME (SGMS): Free Stock Analysis Report CENTURYLINK INC (CTL): Free Stock Analysis Report ANALOG DEVICES (ADI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""What's Up at Chesapeake Utilities (CPK) in Q2 Earnings? Chesapeake Utilities CorporationCPK is scheduled to report second-quarter 2016 results before the opening bell on Aug 4. In the last quarter, Chesapeake Utilities Corporation's earnings were lower by 6.99% from the expected figure. Let's see how things are holding up for the second quarter. Factors to Consider Chesapeake Utilities Corporation's earnings in second-quarter 2016 could have been adversely affected by the weather that was warmer than usual. As in the first quarter, this quarter too, its business - both regulated and unregulated - is likely to be impacted by the weather. In addition, compared to the year-ago quarter, the quarter to be reported will see falling propane prices further impacting the company's bottom line. CHESAPEAKE UTIL Price and EPS Surprise CHESAPEAKE UTIL Price and EPS Surprise | CHESAPEAKE UTIL Quote Earnings Whispers Our proven model does not conclusively show that Chesapeake Utilities Corporation is likely to beat estimates this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) for this to happen. But that is not the case here, as you will see below. Zacks ESP : Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate is 0.00%. This is because both estimates are pegged at 49 cents. Zacks Rank : Chesapeake Utilities Corporation's Zacks Rank #2 increases the possibility of a beat, but the 0.00% ESP makes it unlikely that this will see fruition this season. As it is, we caution against stocks with a Zacks Rank #4 or #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Instead, here are a few players in the utility sector that have the right combination of elements to post an earnings beat this quarter. Duke Energy Corporation DUK has an Earnings ESP of +0.99% and a Zacks Rank #3. It is expected to report second-quarter earnings on Aug 4. Exelon Corporation EXC has an Earnings ESP of +1.79% and a Zacks Rank #3. It is expected to report second-quarter earnings on Aug 9. National Fuel Gas Company NFG has an Earnings ESP of +1.59% and a Zacks Rank #3. It is expected to report third-quarter fiscal 2016 earnings on Aug 4. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report CHESAPEAKE UTIL (CPK): Free Stock Analysis Report NATL FUEL GAS (NFG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-08-04,20.9126,21.0551,20.7357,20.7816,
EXC,2016-08-05,20.7631,20.8207,20.6097,20.6742,
EXC,2016-08-08,20.7513,20.7758,20.5804,20.6547,"[""Noteworthy ETF Inflows: XLU, D, AEP, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $54.1 million dollar inflow -- that's a 0.6% increase week over week in outstanding units (from 162,024,160 to 163,074,160). Among the largest underlying components of XLU, in trading today Dominion Resources Inc (Symbol: D) is up about 0.3%, American Electric Power Company, Inc. (Symbol: AEP) is up about 0.7%, and Exelon Corp (Symbol: EXC) is up by about 0.2%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $40.80 per share, with $53.02 as the 52 week high point - that compares with a last trade of $51.12. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Should You Buy Exelon (EXC) Ahead of Earnings? Investors are always looking for stocks that are poised to beat at earnings season and Exelon Corporation EXC may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Exelon is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings-with the most up-to-date information possible-is a pretty good indicator of some favorable trends underneath the surface for EXC in this report. In fact, the Most Accurate Estimate for the current quarter is currently at 57 cents per share for EXC, compared to a broader Zacks Consensus Estimate of 56 cents per share. This suggests that analysts have very recently bumped up their estimates for EXC, giving the stock a Zacks Earnings ESP of 1.79% heading into earnings season. EXELON CORP Price and EPS Surprise EXELON CORP Price and EPS Surprise | EXELON CORP Quote Why is this Important? A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10 year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here ). Given that EXC has a Zacks Rank #3 (Hold) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. Clearly, recent earnings estimate revisions suggest that good things are ahead for Exelon, and that a beat might be in the cards for the upcoming report. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Utilities to Watch for Earnings on Aug 9: EXC, PPL & More The second-quarter earnings season is nearing its end, with 87% of the S&P 500 index members having already released their results as of Aug 5. We are expecting 26 S&P 500 members to release their second-quarter earnings this week. The picture which has emerged so far shows clearly that we are into another season of an earnings decline for the S&P 500 index. Earnings growth is projected to be in negative territory for the fifth straight quarter. Earnings have declined 4.1% on a 0.9% drop in revenues from the same period last year. As for the beat ratios, 70.7% of the companies have come in ahead of earnings estimates and 52.7% have surpassed revenue expectations. Six out of the 16 sectors in the Zacks coverage universe are expected to witness an earnings decline. Overall, earnings are expected to be down 3.5% from the same period last year on a 0.4% decline in revenues. The biggest laggard will be the Energy sector where earnings are expected to plunge 78.9% from the same period last year on a 26.0% decline in revenues (read more in our weekly Earnings Preview report). Utilities Sector Price Index Utilities Sector Price Index Among the remaining 10 sectors in our coverage, which are expected to witness earnings growth, Utility looks to be featuring among the top this season. Utilities are expected to grow second-quarter earnings by 8% supported by a 5.2% top-line improvement. Nearly 90% of the utilities have already reported second-quarter results registering earnings growth of 8.3% year over year. These capital intensive utilities have been benefiting from rock-bottom interest rates. Moreover, warmer-than-normal weather that prevailed in the U.S. during the second quarter gave a boost to sales. Here, let us focus on a few utilities reporting on Aug 9. NRG Yield, Inc.NYLD , a Zacks Rank #4 (Sell) stock, owns a diversified portfolio of contracted renewable and conventional generation and thermal infrastructure assets in the U.S. The company reported a negative earnings surprise of 68.75% in the previous quarter. NRG Yield Inc . 's Earnings ESP which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate is 0.00%, as both estimates are pegged at 35 cents. Our proven model does not conclusively show that NRG Yield is likely to beat estimates this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to be able to beat consensus estimates. NRG YIELD INC-C Price and EPS Surprise NRG YIELD INC-C Price and EPS Surprise | NRG YIELD INC-C Quote Exelon CorporationEXC , a Zacks Rank #3 (Hold) stock, reported a positive earnings surprise of 3.03% in the previous quarter. Exelon's Earnings ESP which represents the difference between the Most Accurate estimate of 57 cents and the Zacks Consensus Estimate of 56 cents is +1.79% (read more: Will Exelon Corp Beat Earnings Estimates in Q2?) EXELON CORP Price and EPS Surprise EXELON CORP Price and EPS Surprise | EXELON CORP Quote PPL CorporationPPL , also a Zacks Rank #3 (Hold) stock, reported a negative earnings surprise of 10.67% in the previous quarter. PPL Corporation's Earnings ESP which represents the difference between the Most Accurate estimate of 52 cents and the Zacks Consensus Estimate of 53 cents is -1.89% (read more: PPL Corporation Q2 Earnings: Stock to Disappoint? ) PPL CORP Price and EPS Surprise PPL CORP Price and EPS Surprise | PPL CORP Quote NRG Energy Inc.NRG , another Zacks Rank #3 (Hold) stock, reported a positive earnings surprise of 241.18% in the previous quarter. NRG Energy's Earnings ESP which represents the difference between the Most Accurate estimate of 8 cents and the Zacks Consensus Estimate of 5 cents is +60.0%. In our previous article it was uncertain if NRG Energy will beat earnings this quarter. (read more: NRG Energy Q2 Earnings: Will the Stock Surprise? ). However, estimates have changed thereafter and we are reasonably confident of an earnings beat now. NRG ENERGY INC Price and EPS Surprise NRG ENERGY INC Price and EPS Surprise | NRG ENERGY INC Quote Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report NRG YIELD INC-C (NYLD): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for August 9, 2016 : CHTR, EXC, PPL, HCP, INCY, TDG, COH, LNG, WWAV, NCLH, BR, VRX The following companies are expected to report earnings prior to market open on 08/09/2016. Visit our Earnings Calendar for a full list of expected earnings releases. Charter Communications, Inc. ( CHTR ) is reporting for the quarter ending June 30, 2016. The satellite communications company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.21. This value represents a 58.82% decrease compared to the same quarter last year. The last two quarters CHTR had negative earnings surprises; the latest report they missed by -100%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for CHTR is -125.56 vs. an industry ratio of -1.20. Exelon Corporation ( EXC ) is reporting for the quarter ending June 30, 2016. The electric power utilities company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.56. This value represents a 5.08% decrease compared to the same quarter last year. EXC missed the consensus earnings per share in the 4th calendar quarter of 2015 by -2.56%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for EXC is 14.28 vs. an industry ratio of 15.10. PPL Corporation ( PPL ) is reporting for the quarter ending June 30, 2016. The electric power utilities company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.53. This value represents a 8.16% increase compared to the same quarter last year. PPL missed the consensus earnings per share in the 1st calendar quarter of 2016 by -10.67%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for PPL is 15.78 vs. an industry ratio of 15.10, implying that they will have a higher earnings growth than their competitors in the same industry. HCP, Inc. ( HCP ) is reporting for the quarter ending June 30, 2016. The reit company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.70. This value represents a 11.39% decrease compared to the same quarter last year. In the past year HCP has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for HCP is 13.67 vs. an industry ratio of 15.10. Incyte Corporation ( INCY ) is reporting for the quarter ending June 30, 2016. The biomedical (gene) company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.00. This value represents a 100.00% increase compared to the same quarter last year. INCY missed the consensus earnings per share in the 1st calendar quarter of 2016 by -20%. Zacks Investment Research reports that the Price to Earnings ratio for INCY is 0.00 vs. an industry ratio of 112.10. Transdigm Group Incorporated ( TDG ) is reporting for the quarter ending June 30, 2016. The aerospace and defense company's consensus earnings per share forecast from the 1 analyst that follows the stock is $2.80. This value represents a 30.84% increase compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for TDG is 26.25 vs. an industry ratio of 20.60, implying that they will have a higher earnings growth than their competitors in the same industry. Coach, Inc. ( COH ) is reporting for the quarter ending June 30, 2016. The textile company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.40. This value represents a 29.03% increase compared to the same quarter last year. In the past year COH has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 7.32%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for COH is 21.78 vs. an industry ratio of 26.70. Cheniere Energy, Inc. ( LNG ) is reporting for the quarter ending June 30, 2016. The consensus earnings per share forecast from the 3 analysts that follow the stock is $-0.49. LNG reported earnings of $-0.52 per share for the same quarter a year ago; representing a a decrease of -5.77%. Whitewave Foods Company ( WWAV ) is reporting for the quarter ending June 30, 2016. The beverages company's consensus earnings per share forecast from the 17 analysts that follow the stock is $0.30. This value represents a 15.38% increase compared to the same quarter last year. In the past year WWAV has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 7.69%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for WWAV is 39.99 vs. an industry ratio of 21.80, implying that they will have a higher earnings growth than their competitors in the same industry. Norwegian Cruise Line Holdings Ltd. ( NCLH ) is reporting for the quarter ending June 30, 2016. The leisure (recreational) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.83. This value represents a 13.70% increase compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for NCLH is 11.68 vs. an industry ratio of 5.60, implying that they will have a higher earnings growth than their competitors in the same industry. Broadridge Financial Solutions, Inc. ( BR ) is reporting for the quarter ending June 30, 2016. The outsourcing company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.45. This value represents a 3.57% increase compared to the same quarter last year. In the past year BR has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 18.37%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for BR is 25.19 vs. an industry ratio of 38.00. Valeant Pharmaceuticals International, Inc. ( VRX ) is reporting for the quarter ending June 30, 2016. The drug company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.59. This value represents a 38.37% decrease compared to the same quarter last year. The last two quarters VRX had negative earnings surprises; the latest report they missed by -10.56%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for VRX is 3.22 vs. an industry ratio of -9.00, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-08-09,20.8266,20.8677,20.4925,20.5051,"[""Exelon (EXC) Beats Q2 Earnings Estimates, Misses Revenues Exelon Corporation EXC reported second-quarter 2016 adjusted operating earnings of 65 cents per share, 16.1% above the Zacks Consensus Estimate of 56 cents. Earnings were 10.2% lower than year-ago earnings of 59 cents. The year-over-year improvement in quarterly earnings was attributable to favorable impacts of regulatory rate increases and higher revenue at Generation under the Reliability Support Services Agreement approved in the second quarter of 2016. On a GAAP basis, quarterly earnings were 29 cents per share compared with 74 cents per share a year ago. The difference between GAAP and adjusted operating earnings was due to the combined impact of hedging activities, impairment of assets, plant retirements, some other one-time charges and a gain on fund investments combining to a net charge of 36 cents. Exelon Corporation (EXC) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompany Total Revenues Exelon's total operating revenues of $7,536 million missed the Zacks Consensus Estimate of $7,653 million by 1.5%. However, quarterly revenues increased 15.8% year over year. EXELON CORP Price, Consensus and EPS Surprise EXELON CORP Price, Consensus and EPS Surprise | EXELON CORP Quote Quarterly Highlights Exelon's total operating expenses increased 13.7% year over year to $6,308 million. The increase in operating expenses was primarily due to higher purchased power and fuel expenses and operating and maintenance expenses. The company reported an operating income of $1,259 million in the quarter, up 31.2% from $954 million a year ago. Interest expenses of $376 million were 45.2% higher than the year-ago quarter. Exelon was serving nearly 3.95 million customers in the second quarter, up 1.5% year over year. Total sales of electricity in the reported quarter were 63,092 gigawatt hrs (GWh) compared with 63,074 GWh in the year-ago quarter. Financial Position As of Jun 30, 2016, Exelon's cash and cash equivalents were $1,647 million compared with $6,502 million at the end of 2015. Long-term debt as of Jun 30, 2016, was $31,541 million, up from $23,645 million as of Dec 31, 2015. In the first half of 2016, net cash flow from operating activities was $4,553 million compared with $3,969 million in the year-ago period. Exelon's capital expenditure was $4,489 million compared with $3,460 million in second-half 2015. Hedges Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Jun 30, 2016, was 97-100% for 2016, 78-81% for 2017, and 47-50% for 2018. Looking Ahead Exelon expects third-quarter operating earnings in the range of 65 cents to 75 cents per share. The company maintained its 2016 earnings guidance in the range of $2.40 to $2.70 per share. Peer Releases Dominion Resources Inc. D reported second-quarter 2016 operating earnings of 71 cents per share, in line with the Zacks Consensus Estimate. Duke Energy Corporation DUK reported second-quarter 2016 adjusted earnings of $1.07 per share that came in above the Zacks Consensus Estimate of $1.01 by 5.9%. NextEra Energy, Inc. NEE reported second-quarter 2016 adjusted earnings of $1.67 per share, outpacing the Zacks Consensus Estimate of $1.58 by 5.7%. Our View Exelon was able to surpass earnings expectation in the reported quarter thanks to the solid performance of its operating segments. Also, contributions from the acquired Pepco Holdings assets boosted results. BGE Electric and Natural Gas Distribution rate case orders that were passed will help the company to earn additional combined revenues of $92 million. The decision to shut down its loss making nuclear plants - Clinton and Quad Cities - in the reported quarter is also a positive development. These factors will help the company to further strengthen its performance going forward. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp. (EXC) Beats on Q2 Earnings, Revenues Lag Exelon CorporationEXC , a competitive energy provider, delivers electricity and natural gas to customers in central Maryland, northern Illinois and southeastern Pennsylvania through its subsidiaries. The Chicago, IL-based firm operates in 48 states and the District of Columbia of the U.S., and Canada. Exelon's strategy of matching its load business with generation fleet, addition of renewable and natural gas based power generating units to its portfolio, systematic divestment of non-core assets will drive its performance. Exelon was finally able close the much awaited merger with Pepco Holdings after the necessary approval was provided by the Public Service Commission of the District of Columbia. Estimate Trend & Surprise History Investors should note that the second quarter Zacks Consensus Estimate for earnings of 56 cents per share dropped 1.8% over the last 90 days. Coming to the earnings surprise, Exelon has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in a positive average surprise of 8.27%. EXELON CORP Price and EPS Surprise EXELON CORP Price and EPS Surprise | EXELON CORP Quote Zacks Rank : Currently, Exelon has a Zacks Rank#3 (Hold) but that could change following its second quarter 2016 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earnings : Exelon surpassed second quarter earnings estimate. Adjusted earnings per share came in at 65 cents, beating the Zacks Consensus Estimate of 56 cents per share by 16.1%. Revenue : Revenues of $7,536 million missed the Zacks Consensus Estimate of $7,653 million by 1.5% Key Stats : Exelon was serving nearly 3.95 million customers in second quarter up 1.8% from the year ago level. Check back for our full write up on this EXC earnings report later! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Duke Energy Corporation (DUK) Ex-Dividend Date Scheduled for August 10, 2016 Duke Energy Corporation ( DUK ) will begin trading ex-dividend on August 10, 2016. A cash dividend payment of $0.855 per share is scheduled to be paid on September 16, 2016. Shareholders who purchased DUK prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.64% increase over prior dividend payment. At the current stock price of $84.74, the dividend yield is 4.04%. The previous trading day's last sale of DUK was $84.74, representing a -2.94% decrease from the 52 week high of $87.31 and a 29.37% increase over the 52 week low of $65.50. DUK is a part of the Public Utilities sector, which includes companies such as Exelon Corporation ( EXCU ) and Exelon Corporation ( EXC ). DUK's current earnings per share, an indicator of a company's profitability, is $3.79. Zacks Investment Research reports DUK's forecasted earnings growth in 2016 as 1.13%, compared to an industry average of -2.2%. For more information on the declaration, record and payment dates, visit the DUK Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DUK through an Exchange Traded Fund [ETF]? The following ETF(s) have DUK as a top-10 holding: SPDR Select Sector Fund - Utilities ( XLU ) VanEck Vectors Uranium & Nuclear Energy ETF ( NLR ) iShares U.S. Utilities ETF ( IDU ) Vanguard Utilities ETF - DNQ ( VPU ) iShares Global Utilities ETF ( JXI ). The top-performing ETF of this group is VPU with an increase of 4.71% over the last 100 days. XLU has the highest percent weighting of DUK at 8.48%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-08-10,20.5882,20.6488,20.0948,20.3225,"How To Time Your Dividend Buys and Sells (DUK, GIS, SO) InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips ""Are dividend stocks in a bubble? Like… the NASDAQ in 1999?"" A reporter from Kiplinger called me last week, concerned investors were bidding up these issues to irresponsible heights. While not quite a bubble, many of the ""safest"" names are the worst places you could put your money today. Some are doomed to grind sideways for years while others have serious downside potential. But there's an easy test you can run to see if you should buy, hold or sell your favorite dividend stocks - simply chart the share price versus the dividend. Your Total Returns = Current Yield Plus Payout Growth Over time your stock market returns will roughly equal the yield you buy today plus the dividend growth you enjoy in the years ahead. Notice I didn't mention the stock price itself. Reason being, the price is easy to figure out - it grows along with the dividend. Take General Mills, Inc. ( GIS ), which has rewarded investors with 263% total returns over the past 10 years. Not bad for a boring cereal maker! Almost two-thirds of the return was thanks to the growth of the payout (+174%), which the stock price tracked almost to a tee (+169%): How To Time GIS: Buy When Price (Blue) Lags Payout (Orange) As you can see in the chart above, you'd have made outsized gains buying GIS when its stock price lagged its payout. It's big 2016 is thanks to another healthy dividend boost and a share price that finally caught up. Today GIS looks fairly priced with respect to dividend growth, but richly priced with respect to earnings, slowing sales growth and fresh food trends . Investors obsess over storied dividend histories, but it's future payout boosts that are needed to drive future price gains. 9 Dividend Stocks to Buy With Both Fists In this case, I'm worried that previous catalysts are fading. Current Low Yields Mean Low (or No) Future Returns Consumer blue chips aren't the only expensive stocks on the market today. Many popular utilities look pricey with respect to their yields, too. Slow growing stalwarts Duke Energy Corp ( DUK ) and Southern Company ( SO ) have recently seen their share prices decouple from their anemic dividend growth: Duke Soars as Investors Get Desperate for Dividends… Duke recently doubled its payout growth rate to a still-sleepy 3.6% annually, while Southern last clocked a 3.2% increase. Now investors are assuming they can simply add dividend growth with the current yields (4.1% and 4.3%) to lock in secure 7-8% total returns, with about half heading into their pockets as cash. The problem with this thinking is it ignores valuation. Expanding price-to-earnings (P/E) ratios are the sole reason for these recent share price gains. And what if investors decide they don't want to pay 18-times next year's earnings for a slow growing utility? The P/E ratio will contract, and those 7-8% gains could quickly disappear. Forward P/Es at Recent Highs I pick on Duke and Southern but the absolute dumbest buys in the sector are perennial problem children Exelon Corporation ( EXC ) and FirstEnergy Corp. ( FE ). If you're buying them for dividends, you're playing with fire - for absolutely no reason. Our favorite dividend health screen DIVCON is flashing warning signs for both payouts, which are both lower than they were five years ago. Their modest yields - 3.5% and 4.1% respectively - aren't enough to compensate for the risk of a dividend cut, which would be catastrophic to your capital. REITs Looking Risky, Too Remember when real estate investment trusts (REITs) were screaming bargains ? If it feels like just last year - well, it was. Late last year, the Vanguard REIT Index ETF ( VNQ ) was paying its highest yield this decade. The recent rush to REITs quickly corrected this - and actually launched a few of the bigger names towards bubble territory. Healthcare REIT Ventas ( VTR ) paid a 6% yield as recently as February - it now pays just 4% thanks to a 45% rally since our feature six months ago . Back then, it was an obvious buy because its dividend growth had outpaced its share price gains - resulting in a yield near historic highs: High Yield Made Ventas An Obvious Buy Then… … And It's Low Yield Makes It An Obvious Sell Now Rising prices are great if you already own the stock, but they are counterproductive for those of us looking to put new money to work! Even reinvested dividends will generate a lower return after a rally - which means we must focus on ignored areas of the income universe that still offer value. 3 Stocks Set To ""Catch Up"" To Their Dividends While large caps like General Mills, Duke Energy and Ventas are getting the headlines and hot money today, tomorrow's top performers will be the midcap stocks with prices set to ""catch up"" with their soaring dividends. For example, my favorite firm has raised its dividend by an amazing 525% over the past five years thanks to soaring profits and a cash cow business that doesn't require much in the way of reinvestment. But its stock price has ""only"" returned 236%. 10 High-Dividend Stocks to Load up on in Q3 As a result, its yield is near historic highs despite the fact that the business is growing faster than ever. Its stock has limited analyst coverage and simply hasn't been able to keep pace with payouts: This Stock Has Another 289% To Go! This ""289% lag"" will correct itself soon, and likely in a hurry as the dividend bubble expands to lesser-known names. In fact, I've identified two more stocks that will cruise higher as their prices catch up with their dividends. Like Ventas, they're all healthcare REITs. But unlike Ventas, they are lesser-known names that haven't yet benefited from the big rush into REITs - which makes right now the perfect time to buy them, because we can actually secure yields up to 8% while we enjoy potential 50% upside. Click here and I'll share their names, tickers and dividend growth history along with my optimal buy prices . More From InvestorPlace 10 Stocks That Will Hold Back Your Retirement 7 Things Every Retirement Investor Should Own The post How To Time Your Dividend Buys and Sells (DUK, GIS, SO) appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-08-11,20.3225,20.4446,19.9707,20.0918,"[""S&P 500 Movers: GGP, M In early trading on Thursday, shares of Macy's topped the list of the day's best performing components of the S&P 500 index, trading up 14.1%. Year to date, Macy's registers a 10.9% gain. And the worst performing S&P 500 component thus far on the day is General Growth Properties, trading down 2.6%. General Growth Properties is showing a gain of 10.0% looking at the year to date performance. Two other components making moves today are Exelon, trading down 2.2%, and Kohl's, trading up 12.9% on the day. VIDEO: S&P 500 Movers: GGP, M The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) to Invest $31.8B, Gives Road Map for Growth Exelon CorporationEXC , at its recently held Analyst Day, announced a concrete plan for growth and discussed strategies that can drive its performance over 2016 to 2020. The objective of Exelon is to invest in infrastructure while generating clean and affordable electricity for its customers. The Road Map Exelon will invest nearly $31.8 billion over the said five-year period. An amount of $25.2 billion, or nearly 80% of the total, will be invested in Exelon Utilities, which will likely drive earnings growth in the range of 7% to 9% and rate base growth of 6.1% in that time frame. Bifurcation of Investment, and Cost Savings Exelon, post its acquisition of Pepco, serves nearly 10 million customers, making the long-term investment an absolute essential to serve its expanding user base in an effective and efficient manner. The before-mentioned $25.2 billion utility investments will be divided across Electric Distribution ($16.3 billion), Electric Transmission ($5.6 billion), Gas Delivery ($2.5 billion) and Smart Grid/Smart Meter ( $0.8 billion). The strong performance of the company is expected to generate ample free cash flow to be used to lower debts in excess of $3 billion from 2016 to 2020 and thereby strengthen its balance sheet. The company is also gradually lowering its operating expenses significantly through its costs saving initiatives. Exelon's operating and maintenance expenses are expected to reduce by an average of 1.1% over the 2016 to 2020 time frame. EXELON CORP Price EXELON CORP Price | EXELON CORP Quote Exelon - Working Toward a Zero-Carbon Future Exelon recognizes the importance of zero-carbon electricity generation and is working its way toward that target with firm resolution. Primarily, the company believes in the continued operation of its nuclear fleet as the means to cost-effective, zero-carbon solutions for its customers. The company also aims to adopt a uniform price in CO2 in wholesale markets as a substitute for technology-specific subsidies. Zacks Rank Exelon currently has a Zacks Rank #3 (Hold). Some better-ranked stocks in the utility space are Pinnacle West Capital Corporation PNW , DTE Energy DTE and CMS Energy CMS . All three carry a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CMS ENERGY (CMS): Free Stock Analysis Report PINNACLE WEST (PNW): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-08-12,20.2569,20.4739,20.1534,20.1651,"[""No, Utilities Stocks Did Not Just Experience A Once-In-1,200-Years Event By Evan Powers : With the stock market continuing to post record highs despite an increasingly negative global news flow , it's unsurprising that we continue to see breathless headlines trying to make sense of it all. Indeed, we are in unprecedented times from a market perspective: central banks are engaging in ever more experimental monetary policies , leading global bond yields to places that most of us frankly can't comprehend . Each week, it seems we encounter another dire warning (often from a billionaire) about an imminent market crash. In just the past few months, Stan Druckenmiller , George Soros , Carl Icahn , Jeff Gundlach , Bill Gross , Marc Faber and others have all made headlines by adding their own spin to the bearish side of market analysis (never mind the fact that some of those same pundits have been repeatedly wrong with similar prognostications in the past). These sorts of headlines are alluring, in part because they tap into natural fears that affect all investors, particularly with memories of past market crashes still fresh in many of our heads. And yet, many of the warnings and flashy headlines simply do not stand up to statistical rigor, and therefore, have the potential to do more harm than good. Take the case of Seeking Alpha contributor Jesse Felder: On Monday, SA senior editor Gil Weinreich shared a link to one of Jesse's pieces that had an extremely eyebrow-raising headline, one that immediately caught my attention (and, frankly, set off some statistical alarm bells): \""Utilities Stocks Just Did Something That Should Only Happen Once In 1,200 Years.\"" A 1,200 year event! That's amazing! But is it true? And if it is, does it matter to us, and should it impact our investing stance going forward? Considering the source In his piece, Jesse points to an article from investment consultant Michael Lebowitz , suggesting that valuations for utilities stocks now stand 3 standard deviations above their long-run mean. Referring then to an offhand remark from a 2012 Jeremy Grantham speech , Jesse concludes that this 3-standard-deviation spread is an \""overvaluation\"" that \""should only occur once every 1,200 years,\"" thereby generating his eye-popping headline. Unfortunately, that conclusion is extremely flawed on multiple levels, and Grantham himself would blanch if he saw his words being misused in such a manner. If Jesse had considered the full context of Grantham's words (or fully comprehended the underlying statistics), he never would have made such a basic statistical error. In fact, even in the very same sentence in which Grantham made his \""one-in-1,200-year\"" reference, he also hinted at the subsequent mistake that Jesse made. Take a look: Therein lies the rub! Simple answers: no, no, and probably not. Here's why. The statistical problems The normal distribution (commonly known as the \""bell curve\"") is an extremely powerful distribution that has an odd tendency to pop up all over the place in the natural world. Because it's a clean and easy distribution to study (and to apply), we often use it as a shortcut method to study any number of real-world problems. But that's a dangerous shortcut to take, in case we encounter a distribution that is not, in fact, described by a bell curve. Unfortunately for us, very few things in the world of finance and investments are, in fact, \""normal.\"" In the case of Jesse Felder's utilities stocks valuation, I see three main problems that make his casual usage of normal distribution methods extremely problematic: 1) This is not a normal distribution I don't immediately have access to the specific earnings and valuation data that Jesse was referencing (EV/EBITDA for XLU, the utility ETF), but for these purposes, a study of P/E ratios on the broader S&P 500 Index will be equally instructive. Working off of historical data from Nobel Laureate Bob Shiller , I was able to generate the following histogram for the market-wide P/E ratio since 1950: (click to enlarge) That's a fascinating histogram, and one that I could spend a lot of time unpacking; what it most definitely is not is anything even remotely resembling a normal distribution (or \""bell curve\""). As I mentioned above, very few distributions in the investment world are \""normal,\"" and P/E ratios, for a number of reasons, most assuredly are not. To get an idea of what this means for our analysis, if I were to calculate a \""mean\"" and \""standard deviation\"" for my dataset, I'd get a mean of 17.8 and a standard deviation of 11.4. Using Jesse Felder's analysis, readings that are more than 3 standard deviations above the mean (greater than 52) should be exceedingly rare . And yet, we see many data points that are either at 52 or above: 10 observations out of 792, or about 1.3% of data points. That rate of 1 out of 79 is, needless to say, pretty far below the 1-out-of-1,200 number that Jesse so boldly proclaimed as fact. Sure, I'm studying the S&P 500 here, and not the utilities sector in particular, but I wouldn't expect to see anything glaringly different if I picked apart Jesse's source data. Using both our eyes and our intuition, it should be pretty clear that using data that describes a normal distribution is not at all appropriate in this context, because the data is so far from normal. And frankly, Jesse should have gotten a pretty big hint just from a careful parsing of Grantham's speech. As Grantham himself relates, we \""should\"" see two-deviation disparities once every 44 years, and yet we see them once every 30 in the real world. That could be an indication of a failure of math, but it's more likely an indication that normal distributions aren't perfectly appropriate to study the variables in question (they're actually somewhat more appropriate to study Grantham's chosen variable than they are Jesse's chosen variable, but that's a separate issue). Furthermore, while we're nitpicking, even in a normal distribution, a three-deviation event is not a one-in-1,200-trial occurrence, but a one-in-741-trial occurrence ( .00135 probability ); the 1,200 number doesn't become accurate until about 3.15 standard deviations are reached, but I digress (note also that I'm using the word \""trials,\"" rather than \""years\""... I'll be coming back to that point soon). 2) The data points are not independent trials This is a more nuanced point, and certainly less important, but according to the central limit theorem upon which much probability analysis is based, this type of statistical analysis is most useful (and arguably only useful) when the variable being studied has independent outcomes. In other words, the outcome (or value) of the previous \""trial\"" should not have any impact on the outcome (or value) of the next \""trial.\"" If we have a distribution with a certain mean and standard deviation, then it shouldn't matter if our current reading is one, two or three standard deviations above or below the mean; the next reading should fall within the bell curve as described by the population mean and standard deviation, without need for any adjustment. Needless to say, that's not the case with this variable. If today's P/E ratio is 29, but our \""mean\"" is 18, there isn't a 50% probability that tomorrow's reading will be less than 18 (as proper statistical analysis would expect and require). Like most market statistics, there's a path dependence to the variable, and tomorrow's reading is always heavily influenced by today's reading. Take interest rates, for example: (click to enlarge) Dating back to 1962, the historical average yield for the ten-year US Treasury bond is 6.35%, represented by the green line on the chart; the current reading is 1.55%. If we're betting on what tomorrow's reading will be, is there any real meaning to the 6.35% figure? If it has any meaning at all, it's only as a guidepost; its predictive statistical value is nil, since there's an extremely low probability that the ten-year yield is going to suddenly spike by 5% overnight. Since tomorrow's reading depends heavily on today's reading, using a statistical method that assumes independent trial outcomes is arguably inappropriate from the outset. 3) We don't know if we're using the \""right\"" means and standard deviations Of course, even if the variable in question did have a normal distribution, and did have independent trial outcomes, we'd still have to make sure that the mean and standard deviation we were using were the \""right\"" ones, and that they properly described our dataset. Here's a couple of quick examples to show you what I mean. Up in my first point, I introduced the S&P 500 P/E ratio and told you that it had \""a mean of 17.8 and a standard deviation of 11.4.\"" That sounds meaningful and statistically rigorous, but it may or may not reflect the right numbers. For one, I used a fairly arbitrary starting point of 1950; was that the \""right\"" cutoff point, or even a meaningful one? Here's what happens if I change the starting point: (click to enlarge) As you can see, changing the timeline that we're considering changes our analysis greatly, with both the mean and standard deviation increasing significantly over time. So much so, in fact, that the mean P/E ratio since 2000 is more than a full standard deviation above the mean dating back to 1890; that's a big change. In addition, the increments that we use to take our measurements also matter. I only hinted at my own method above, but for my means and standard deviations, I'm using monthly measurements, so each \""trial\"" represents one month. If I were using daily measurements or annual measurements to calculate my summary statistics, then my figures would change, and so too would my analysis. Without boring you with another table, if I use my 1950 starting point, but only consider year-end figures to calculate my summary statistics (as opposed to month-end figures), I end up with a mean of 17.6 (instead of 17.8) and a standard deviation of 8.6 (instead of 11.4). That is a much lower standard deviation, and it will impact any further analysis that we try to perform. Using the annual statistic, a \""three-sigma\"" event would be any reading above 43.4; using my monthly statistic earlier, that cutoff point was much higher, at 52. In Jesse's analysis, he doesn't bother to tell us whether the statistic he was using was based on daily, weekly, monthly or annual measurements. Therefore, when he says that a \""three-sigma\"" event is a \""once-in-1,200-years\"" event, we have no proper way to evaluate his claim. When I hinted at a difference between \""years\"" and \""trials\"" a few paragraphs ago, this is what I meant. Without knowing more about the statistical underpinnings of the argument, we can't know whether this \""three-sigma\"" event should in fact occur once in 1,200 (or 741) days, weeks, months, or years. Jeremy Grantham's words cannot just be indiscriminately lifted and applied to a dataset that may or may not be using the same units; that's statistically invalid. Of course, a headline stating that \""Utilities Stocks Just Did Something That Should Only Happen Once In 741 Days\"" wouldn't raise many eyebrows, and would in fact come across as somewhat laughable. But as readers, we haven't been given enough information to know how the summary statistics (mean and standard deviation) were generated, so we can't know how to properly evaluate or analyze the author's claims. As my math teachers always used to tell me, units matter ! A dataset does not just have one standard deviation; it can have many, depending on how we slice and dice the data. Any responsible analysis must make the units explicit, or else the author risks unintentionally confusing or misleading the reader. Therefore, even setting aside the very major issues regarding non-normal distributions , because of the absence of units on the initial chart in question, the author's analysis is suspect until proven otherwise. Any time we start to use means and standard deviations, we need to be very careful with how we define the relevant dataset, and how we then use it to derive statistical arguments (or conclusions). So, are utilities stocks overvalued, or not? All this aside, the fact remains that utilities stocks are, most likely, overvalued based on historical norms. It's just that the magnitude of that overvaluation (and the rarity of the condition) is probably nowhere near what Jesse implied in his headline and subsequent analysis. Additionally, it's not at all clear that using P/E analysis is an appropriate method by which to determine valuation in the first place. Remember, as Jesse himself noted, utilities stocks are treated as \""bond alternatives\"" by most investors, and therefore our analysis of them must be altered somewhat. We don't use P/E ratios when we determine the value (or lack thereof) of a bond investment, so why should we so readily assume that it's appropriate to do so with a \""bond alternative\""? Without waving my hands too much, it's unclear whether stock valuation techniques or bond valuation techniques are of more use when evaluating dividend-paying stocks. There are elements of both at play when it comes to the market's treatment of these instruments, but dividend stocks of course come with risks that bonds do not; (the dividend can be cut at any time, there is no bankruptcy protection, there is no required repayment of \""principal\"" at any date in the future). As a case study in these risks, consider Exelon Corp. ( EXC ), which experienced a significant repricing when it was forced to cut its dividend in 2013. The company's shares still trade some 15% below its pre-dividend-cut prices, despite the broad-based rally in utilities stocks as interest rates have drifted lower. Any investor that uses dividend-paying stocks as a bond replacement must be wary of these risks, and must incorporate them into any valuation analysis. What's the lesson? In financial literature, crash warnings and outlandish statistics will always generate buzz, attention and page views. Particularly in today's environment of extreme cognitive dissonance (the world seems to be crumbling, and yet stocks keep going higher), these sorts of headlines make a sort of basic sense to us, and they also tap into a natural desire for us all to feel as though we are living in unique and important times. Telling people that stocks are \""somewhat overvalued, depending on the time horizon used\"" isn't a particularly exciting or \""sexy\"" take on the world, and it's fairly likely to be ignored and discarded. A one-in-1,200-year event, though? That I've gotta read, even if the underlying statistics turn out to be extremely problematic or misleading. In this case, I don't believe that our author had ill intentions, or that he meant to mislead his readers. However, the flaws in his statistical approach were numerous and significant, and they led to a conclusion that was likely off by orders of magnitude. It may indeed be true that utilities stocks are in for a bit of a correction if and when interest rates begin to normalize; in fact, I'd expect it and urge caution to dividend-stock investors. But current valuations are decidedly not at once-in-a-millennium extremes, especially given the increasingly volatile market environment that we are now experiencing. To suggest otherwise is, at best, irresponsible. Statistics are powerful tools, and they need to be used with great care. Used properly, they can inform and improve the way that we live and invest, but used carelessly, they can fuel unnecessary panic and anxiety in a world that already has too much of it. As a general rule, if a statistic doesn't sound right, it probably isn't; in this case, it most certainly is not. See also What A Difference A Day Makes: The Calendar Roll on seekingalpha.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for Aug 12, 2016 : AMRN, BAC, FTR, TEVA, EXC, QQQ, VER, SDRL, AVP, SYMC, MSFT, MYL The NASDAQ 100 After Hours Indicator is down -.12 to 4,806.96. The total After hours volume is currently 25,246,113 shares traded. The following are the most active stocks for the after hours session : Amarin Corporation PLC ( AMRN ) is unchanged at $3.07, with 5,660,150 shares traded. As reported in the last short interest update the days to cover for AMRN is 8.521342; this calculation is based on the average trading volume of the stock. Bank of America Corporation ( BAC ) is unchanged at $14.91, with 2,105,577 shares traded. As reported by Zacks, the current mean recommendation for BAC is in the \""buy range\"". Frontier Communications Corporation ( FTR ) is unchanged at $4.85, with 1,668,682 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2016. The consensus EPS forecast is $-0.01. As reported in the last short interest update the days to cover for FTR is 12.693852; this calculation is based on the average trading volume of the stock. Teva Pharmaceutical Industries Limited ( TEVA ) is unchanged at $53.86, with 963,425 shares traded. As reported by Zacks, the current mean recommendation for TEVA is in the \""buy range\"". Exelon Corporation ( EXC ) is unchanged at $34.94, with 923,914 shares traded. EXC's current last sale is 91.95% of the target price of $38. PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.01 at $117.21, with 885,587 shares traded. This represents a 38.32% increase from its 52 Week Low. VEREIT Inc. ( VER ) is unchanged at $10.59, with 801,363 shares traded. VER's current last sale is 92.09% of the target price of $11.5. Seadrill Limited ( SDRL ) is +0.01 at $2.75, with 746,000 shares traded. SDRL's current last sale is 110% of the target price of $2.5. Avon Products, Inc. ( AVP ) is unchanged at $5.43, with 675,916 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2016. The consensus EPS forecast is $0.04. AVP's current last sale is 120.67% of the target price of $4.5. Symantec Corporation ( SYMC ) is -0.0045 at $22.54, with 570,655 shares traded. SYMC's current last sale is 97.98% of the target price of $23. Microsoft Corporation ( MSFT ) is -0.0116 at $57.93, with 409,880 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2016. The consensus EPS forecast is $0.68. As reported by Zacks, the current mean recommendation for MSFT is in the \""buy range\"". Mylan N.V. ( MYL ) is -0.0097 at $48.45, with 382,311 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2016. The consensus EPS forecast is $1.59. As reported in the last short interest update the days to cover for MYL is 8.072796; this calculation is based on the average trading volume of the stock. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-08-15,20.1437,20.2472,19.9824,19.9883,"Top 3 Research Reports for August 15, 2016 Monday, August 15, 2016 Today's must-read reports are for AstraZeneca (AZN), Caterpillar (CAT) and Exelon (EXC). AstraZeneca shares have rallied from the mid-June lows, erasing most of the stock's earlier underperformance. The Pound weakness following the Brexit vote has been helpful to this London-based pharma giant. The company has also benefited from the failure of Bristol-Myers' cancer drug, which has put the spotlight on its candidates in that space. These immediate catalysts aside, the analyst likes AstraZeneca's strong diversified portfolio, expanding presence in emerging markets, ongoing cost-cutting initiatives and robust pipeline. (You can read the full research report on AZN here>> ) Caterpillar shares have been strong performers this year, up more than 22% year-to-date on hopes that the worst was behind this beleagured mining and construction equipment maker. Caterpillar's earnings picture continues to remain challenged, as the 22% drop in Q2 earnings shows. This tough operating environment has forced management to squeeze more expenses out of the operation. The analyst also points to the improving construction sector as a potential offset to the weak mining sector. ( You can read the full research report on CAT here>> ) Exelon shares continue to benefit from the market's hunger for yield (it yields a juicy 3.6%). But a safe dividend isn't Excelon's sole claim to fame - it reported solid results for the June quarter, partly boosted by contributions from the acquired Pepco Holdings assets. The analyst likes the utility's investments, which will strengthen its infrastructure and expand operations. Additionally, its decision to shut down loss making nuclear plants will drive performance. (You can read the full research report on EXC here>> ) You can find all of today's stock research reports here >>> Today's Private Buys & Sells from Zacks Research While we share the above news with the public, our sensitive recommendations are hidden from everyone but selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum . . . from stocks under $10 to ETF and option moves . . . from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trades >> Sheraz Mian Director of Research Note: Sheraz Mian regularly provides earnings analysis on Zacks.com and appears frequently in the print and electronic media. His weekly earnings related articles includeEarnings TrendsandEarnings Preview. He also provides weekly commentary toZacks Premiumsubscribers and manages theZacks Focus ListandTop 10portfolios. If you want an email notification each time Sheraz publishes a new article, pleaseclick here >> Today's Must Read AstraZeneca (AZN) Tops Q2 Earnings, Revenues; Maintains View Restructuring May Boost Caterpillar's (CAT) Fortunes Exelon (EXC) Beats Q2 Earnings Estimates, Rate Hike Helps Featured Reports Norfolk Southern (NSC) Q2 Earnings Beat, Sales Lag on Coal The Zacks analyst believes that despite coal-related headwinds, the Q2 earnings beat is a positive. Norfolk Southern's efforts to reward shareholders are also encouraging. MoneyGram (MGI) Posts In-Line Q2 Earnings; Revenues Miss The Zacks analyst thinks that Moneygram's investment in its digital channel and cost control initiatives will bring long term growth. Bayer (BAYRY) Beats on Q2 Earnings, Updates 2016 Outlook The Zacks analyst believes that Bayer's Q2 results were mixed with the company topping bottom-line estimates but missing on revenues marginally. Intrexon (XON) Reports Wider Loss in Q2, Revenues Miss The Zacks analyst believes that Intrexon's efforts to expand through collaborations and acquisitions are encouraging. Kite (KITE) 2Q Loss Wider but Focus Remains on KTE-C19 Kite's posted wider than expected Q2 loss. However, the Zacks analyst is encouraged by Kite's progress with KTE-C19 which could be filed for FDA approval in late 2016. New Upgrades ViaSat's (VSAT) Thriving Satellite Business Drives Q1 Sales The Zacks analyst believes that increase in residential broadband offerings and government satellite business is proving to be conducive to ViaSat's top-line growth. MS Franchise & Cost-Cutting to Drive Growth at Biogen (BIIB) According to the covering analyst, MS franchise sales & cost-cutting efforts will continue driving Biogen's performance. The company is also progressing with its pipeline. New Downgrades Lamar's (LAMR) Q2 FFO & Revenues Beat Estimates, Up Y/Y The Zacks analyst thinks that despite Q2 earnings beat, higher expenses related to acquired outdoor advertising assets could reduce Lamar's free cash flow and strain its margins. Apache (APA) Downgraded on Q2 Loss, Low Oil Prices According to the covering analyst, despite Apache's initiatives to align capital spending with its cash flows, oil market turmoil and low prices have made the Zacks analyst turn cautious on the stock. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report BIOGEN INC (BIIB): Free Stock Analysis Report BAYER A G -ADR (BAYRY): Free Stock Analysis Report ASTRAZENECA PLC (AZN): Free Stock Analysis Report APACHE CORP (APA): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-08-16,19.9073,19.9707,19.7508,19.7578,
EXC,2016-08-17,19.7324,20.0049,19.4979,19.958,
EXC,2016-08-18,19.8886,20.0918,19.8125,20.0323,
EXC,2016-08-19,19.9883,19.9991,19.704,19.8369,
EXC,2016-08-22,19.9073,19.9356,19.7743,19.873,"Stock Market News for August 22, 2016 Benchmarks finished in the red on Friday following concerns over chances of a sooner-than-expected rate hike. Fears regarding rate hike heightened following hawkish comments from San Francisco Fed President John Williams. This in turn weighed on debt heavy sectors like utilities and telecom. However, the Nasdaq managed to end in the green for the week, registering gains for eight consecutive weeks for the first time since April 23, 2010. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article. The Dow Jones Industrial Average (DJI) decreased more than 0.2%, to close at 18,552.57. The S&P 500 fell more than 0.1% to close at 2,183.87. The tech-laden Nasdaq Composite Index closed at 5,238.38 losing 1.77 points. The fear-gauge CBOE Volatility Index (VIX) decreased 0.8% to settle at 11.34. A total of around 5.7 billion shares were traded on Friday, lower than the last 20-session average of 6.4 billion. Decliners outpaced advancing stocks on the NYSE. For 39% stocks that advanced, 57% declined. What Pulled Markets Down? San Francisco Fed President John Williams said that a ""sooner rather than later"" rate increase might be appropriate as the domestic economy is strengthening and is maintaining ""good momentum."" Higher chances of a rate hike in September weighed on utilities and telecom stocks. The Utilities Select Sector SPDR (XLU) decreased 1.2% and was the worst performer among the S&P 500 sectors. Key utilities stocks including NextEra Energy, Inc. ( NEE ), Duke Energy Corporation ( DUK ), Exelon Corporation ( EXC ) and Dominion Resources, Inc. ( D ) fell 1.5%, 1.4%, 1% and 1.4%, respectively. Further, the telecom services sector within the S&P 500 also lost 0.9%. Some of its key holdings including AT&T, Inc. ( T ), CenturyLink, Inc. ( CTL ), Verizon Communications Inc. ( VZ ) and Frontier Communications Corporation ( FTR ) decreased 0.9%, 1%, 0.8% and 1.9%, respectively. In earnings news, Deere & Company's ( DE ) shares jumped 13.5% after posting a surprise increase in per-share profit and raising guidance. It was the best performer among the S&P 500 components (read more: Deere Tops Q3 Earnings, Misses Sales, Revises View ). For the week, both the Dow and S&P 500 fell 0.1%, while the Nasdaq rose 0.1%. Rise in rate hike possibilities following hawkish comments from key Fed officials weighed on benchmarks. However, factors including crude hitting one month high, Fed's July meeting minutes, and rise in industrial output and home building curtailed some of the weekly losses. Stocks that Made Headlines Pfizer to Buy Medivation for $14B, Boost Cancer Franchise Pfizer Inc. ( PFE ) and Medivation, Inc. ( MDVN ) announced that they have entered into a definitive merger agreement under which Pfizer will acquire Medivation for $81.50 per share in cash or a total enterprise value of about $14 billion. ( Read More ) IEX Stock Exchange Makes Long-Awaited Public Launch The Investors Exchange (IEX) Group's controversial new national stock exchange made its public launch. ( Read More ) Viacom & National Amusements Agree to Leadership Changes Viacom Inc. ( VIAB ) has finally reached an agreement relating to leadership changes with National Amusements Inc. (NAI), the company which holds majority of the controlling shares in Viacom. ( Read More ) Will Pandora Start On-Demand Streaming Service Soon? Recent media reports revealed that Pandora Media, Inc. ( P ) may be close to launching its on-demand music streaming service. ( Read More ) Boeing Wins $2.8B Air Force Contract for KC-46 Tankers The Boeing Co. ( BA ) clinched the much anticipated $2.8 billion contract from the U.S. Air Force for the first lot of 19 KC-46 Pegasus aerial tankers. ( Read More ) Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NEXTERA ENERGY (NEE): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report AT&T INC (T): Free Stock Analysis Report CENTURYLINK INC (CTL): Free Stock Analysis Report VERIZON COMM (VZ): Free Stock Analysis Report FRONTIER COMMUN (FTR): Free Stock Analysis Report PFIZER INC (PFE): Free Stock Analysis Report MEDIVATION INC (MDVN): Free Stock Analysis Report VIACOM INC-B (VIAB): Free Stock Analysis Report BOEING CO (BA): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-08-23,19.9356,20.1075,19.9356,19.9639,
EXC,2016-08-24,19.9356,20.0792,19.8829,20.0323,
EXC,2016-08-25,20.0401,20.045,19.8886,19.917,
EXC,2016-08-26,19.9463,20.1075,19.5535,19.5652,"Exelon Corporation (EXCU) Ex-Dividend Date Scheduled for August 29, 2016 Exelon Corporation ( EXCU ) will begin trading ex-dividend on August 29, 2016. A cash dividend payment of $0.8125 per share is scheduled to be paid on September 01, 2016. Shareholders who purchased EXCU prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that EXCU has paid the same dividend. At the current stock price of $48.93, the dividend yield is 6.64%. The previous trading day's last sale of EXCU was $48.93, representing a -4% decrease from the 52 week high of $50.97 and a 33.51% increase over the 52 week low of $36.65. EXCU is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). For more information on the declaration, record and payment dates, visit the EXCU Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-08-29,19.6522,19.7391,19.5535,19.6522,"3 Utility Stocks That Are Running Out of Juice InvestorPlaceInvestorPlace - Stock Market News, Stock Advice & Trading Tips The love for utility stocks has cooled of late. For much of the year, income-starved investors piled into the Utilities SPDR (ETF) (NYSEARCA: XLU ) for its hefty dividend. Though XLU's current 3.3% dividend may not qualify as gargantuan based on historical standards, it stands tall in today's low rate world. Source: Flickr The tides, however, are turning for utility stock lovers - at least in the short run. The specter of higher rates has returned to haunt yield hunters. And with that, the once glorious uptrend of XLU is faltering. The latest setback came Friday when Janet Yellen's Jackson Hole speech elevated expectations for a rate hike in the near future. Bonds, REITS, and yes, utility stocks all took a swan dive amid heavy volume. 7 Companies That Could Go Bankrupt Soon With the sector now surveyed, I can report that the following three utility stocks are some of the worst performers of late. Utility Stocks to Sell: Exelon Corporation (EXC) Click to Enlarge Source: OptionsAnalytix Today's trio boasts a number of recurring themes that, on a side note, perfectly illustrate the positive correlation carried by stocks in the same sector. I will attempt to vary the analysis, but the reality is the charts of all three utility stocks are moving in virtual lockstep. First up is Exelon Corporation (NYSE: EXC ). With a dividend yield of 3.73%, EXC sits in the middle of today's pack from an income-generation perspective. Since carving out its 52-week high earlier this month, EXC stock has fallen just shy of 10%. The selling accelerated Friday and returned shares of Exelon back to near-term support. Watch for a break of the $33.50 support zone in the days ahead. If you're a utility stock bear, consider using the support break as your trigger for a short stock or long put trade. Utility Stocks to Sell: Duke Energy (DUK) Click to Enlarge Source: OptionsAnalytix Duke Energy Corp (NYSE: DUK ) boasts the highest dividend of today's selections. It's mouth-watering 4.26% yield beckons to income hunters everywhere. Like its predecessor, DUK has fallen prey to profit-taking. Duke Energy shares are down 6% over the past month. The reversal of fortune has taken the stock back below its 20- and 50-day moving averages. Worse yet, both averages are now declining, confirming the stock has entered a short-term and intermediate-term downtrend. 3 Gold Stocks Under Pressure From the Fed While the bears have yet to wrest control of the long-term trend, damage has been inflicted. If you think utility stocks will continue falling out of favor, consider shorting DUK stock with a stop loss above $83. Utility Stocks to Sell: American Electric (AEP) Click to Enlarge Source: OptionsAnalytix American Electric Power Company Inc (NYSE: AEP ) rounds out our list of weakening utility stocks. Its 3.45% yield places it dead last among today's selections as far as its income-producing properties. The price chart looks virtually identical to its peers: Its uptrend peaked in July and has since slid back below the 20-day and 50-day moving averages. Provided AEP stock remains below $67.50, the bears have the upper hand. If you think their reign persists, consider fading today's pop with a short trade. The 200-day moving average looming below is a logical first target for the trade. And the aforementioned $67.50 level can be used as your stop loss. A break above that and the appeal for a bearish trade begins to fade. At the time of this writing Tyler Craig had no positions in any of the aforementioned securities. The post 3 Utility Stocks That Are Running Out of Juice appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-08-30,19.6111,19.6815,19.445,19.5144,"What Would the United States Look Like Without Nuclear Energy? Image source: FarbenfroheWunderwelt/ Flickr . Nuclear energy is being pressured across the United States. In recent years nearly one dozen nuclear reactors have been taken offline or scheduled for decommissioning, including the last nuclear power plant in California. Despite a heightening sense of urgency for responding to climate change and reducing carbon dioxide emissions, politicians and environmental groups continue to turn their backs on the nation's largest source of carbon-free power, which provided 20% of the country's total electricity in 2015. The issue at hand has nothing to do with building new, prohibitively expensive nuclear reactors. Instead, it seeks answers to a simple question: How far are we willing to go to keep existing nuclear energy facilities online? Exelon (NYSE: EXC) , the nation's largest producer of nuclear power, has attempted to work with state regulators in Illinois -- which generates 48% of its electricity from atomic energy -- to provide a small subsidy that would keep reactors online and competitive. Politicians balked, afraid of providing ""corporate bailouts,"" despite handing generous state subsidies to wind and solar power owners. As a result, Exelon is planning to close two nuclear facilities in the state that generate 12% of Illinois' total electricity. That got me thinking: What would the United States look like without nuclear energy? Answering that question by swapping in other forms of power generation and comparing emissions provides insight into the importance of existing nuclear power plants. By the numbers Let's consider a few hypothetical scenarios where all American nuclear power plants -- which generated 797,000 GWh of electricity in 2015 -- ceased to exist and were instead replaced by other power sources. What happens? Most electricity in the United States is generated by coal and natural gas, so let's start there. Here's what would happen to emissions if all nuclear power were replaced with either fossil fuel source, using per-unit emissions data from the U.S. Energy Information Administration: Source: Calculated by author with data from EIA.gov Replacing all nuclear power generation in the United States with coal would result in a 14% increase in the nation's carbon dioxide emissions, equivalent to doubling all industry-related emissions. It would also increase global emissions by 2.1%, or the equivalent to adding another Germany. Natural gas fares better, but only slightly. A complete replacement would result in a 8.2% increase for the United States, equivalent to giving up all of the country's climate and pollution gains since the year 2000, and increase global emissions by 1.2%, or the equivalent of adding another Brazil. These scenarios would set the United States back on its overall climate goals, so let's consider what would happen if all nuclear power were instead replaced by wind and (photovoltaic) solar power. Obviously, replacing one carbon-free power source with another wouldn't have a net effect on emissions, but there are other things to consider -- like capacity factors. A capacity factor is the average power generated divided by the maximum power generation possible, or a measure of how close a power source is to operating at full capacity over time. Wind and solar power have among the lowest capacity factors, which means more capacity has to be installed to generate the same amount of power. Consider the following table comparing American nuclear, wind, and solar on these metrics from 2015 operations: Source: Installed capacity data from EIA.gov, AWEA , and SEIA . Raw generation data and capacity factor data from EIA.gov. In other words, to replace all of the electricity generated from 98 GW of nuclear energy would take 309 GW of wind power and 570 GW of solar power at current capacity factor ratings. This isn't to say that wind and solar aren't valuable sources of clean power, but it goes to show the importance -- and efficiency -- of nuclear energy. What does it mean for investors? This simple analysis shows the difficulty facing regulators and politicians that consider neglecting existing nuclear power plants. Reactors that close will need to be replaced by fossil sources -- resulting in a net increase in emissions -- or impossible amounts of wind and solar power. This also hints that states such as Illinois will eventually need to allow subsidies for all forms of clean power generation, which includes nuclear energy. Investors have already seen this demonstrated. Not long after Illinois told Exelon to beat it, New York passed a Clean Power Standard that provided subsidies for wind, solar, and nuclear power. Exelon responded by investing $300 million into existing nuclear facilities, including purchasing a troubled power plant from Entergy for $100 million. If New York's move sets a precedent for other states to follow, then Exelon could become considerably more profitable in the next several years. After all, in the last seven years it has lost $800 million from the two soon-to-be-closed facilities in Illinois. Simply breaking even at those two facilities alone would boost EPS by 5% compared to last year. In other words, I think long-term investors should be more optimistic than the stock price would suggest. A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . Maxx Chatsko has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-08-31,19.5027,19.6336,19.3992,19.6228,"This Stagnating Industry is Rooting For Electric Cars More Than Anyone With energy efficiency becoming more important for consumers and the economy growing slowly, I don't see why this no-growth dynamic will change without moving vehicles to the grid. How EVs could change the game The impact EVs could have on electricity demand could be substantial if they grow to a large percentage of vehicle sales. Below I've built out some examples of the growth in electricity consumption if 100,000 to 50 million EVs were added to the roads in the U.S. each year. The calculations were based on an average of 13,500 miles driven per year and an efficiency of 3.1 miles per kWh, the best performance a Tesla Motors (NASDAQ: TSLA) Model S is rated at. Calculations by the author. According to InsideEVs , 116,099 EVs were sold in the U.S. in 2015, so we're already beyond the first figure already. But with 17.5 million cars and light trucks sold in 2015, there's a lot of room for growth. And in a decade, it's possible 10 million EVs will be sold annually. If that's the case, U.S. electricity demand would grow at least 1.2% each year. Remember, I'm using a best-case scenario for miles per kWh, so demand growth would probably be closer to 2% annually. And the effect of EV sales each year is cumulative, so the 50 million sales figure shows how big the impact could be over time. How EV growth plays into the electric grid The cascading effect of electricity demand growth from EVs could be significant in the U.S. If 43.5 million MWh of new energy production is needed to service 10 million EVs, it could be a boon for energy suppliers and renewable energy. If we assume solar or wind plants generate energy 25% of the time, 20 GW of new capacity will need to be built to meet new demand each year. In 2015, 15.9 GW of wind and solar were installed in the U.S. and that was just replacing other forms of energy production, so EV demand could be additive to that figure. EVs also have the ability to respond to market signals more easily than most energy devices, which could be helpful to the grid. Through the charger, a utility could lower charging during peak hours of the day and move more charging time to low-demand evening hours. Or if solar energy floods the market with supply, as it has in some parts of California, EVs could be charged during the day. In this way, EVs actually add flexibility to the grid. A key for electricity markets in the U.S. The U.S. electricity market is in a real funk right now, and it's driven by the fact that electricity demand hasn't grown for a decade. EVs could change that in a big way, which could be helpful for everyone from your local utility to the solar developers building projects in the middle of the deserts of Arizona. A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . Travis Hoium has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Tesla Motors. The Motley Fool owns shares of NRG Energy. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-09-01,19.5711,19.6336,19.4715,19.5144,"XLU, D, AEP, EXC: Large Inflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $174.7 million dollar inflow -- that's a 2.3% increase week over week in outstanding units (from 157,224,160 to 160,774,160). Among the largest underlying components of XLU, in trading today Dominion Resources Inc (Symbol: D) is down about 0.1%, American Electric Power Company, Inc. (Symbol: AEP) is down about 0.2%, and Exelon Corp (Symbol: EXC) is lower by about 0.5%. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $40.80 per share, with $53.02 as the 52 week high point - that compares with a last trade of $49.09. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-09-02,19.4979,19.7441,19.4616,19.6649,
EXC,2016-09-06,19.7802,19.8829,19.7508,19.8779,
EXC,2016-09-07,19.8613,20.0049,19.7938,19.9463,
EXC,2016-09-08,19.9073,20.1954,19.8886,20.1075,
EXC,2016-09-09,19.9238,19.9404,19.2731,19.2789,"IDU, D, AEP, EXC: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $37.7 million dollar outflow -- that's a 4.2% decrease week over week (from 7,150,000 to 6,850,000). Among the largest underlying components of IDU, in trading today Dominion Resources Inc (Symbol: D) is down about 2.6%, American Electric Power Company, Inc. (Symbol: AEP) is down about 2%, and Exelon Corp (Symbol: EXC) is lower by about 2.6%. For a complete list of holdings, visit the IDU Holdings page » The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $102.13 per share, with $132.34 as the 52 week high point - that compares with a last trade of $123.09. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-09-12,19.2477,19.491,19.2252,19.4099,
EXC,2016-09-13,19.3288,19.3708,18.9654,19.0747,
EXC,2016-09-14,19.1217,19.3083,18.9898,19.1148,"86 Trades to Make Before the Market’s Next Big Move InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips During these busy times, it pays to stay on top of the latest profit opportunities, and today's blog post should be a great place to start. After taking a close look at the latest data on institutional buying pressure and each company's fundamental health, I decided to revise my Portfolio Grader recommendations for 86 big blue chips. Chances are that you have at least one of these stocks in your portfolio, so you may want to give this list a skim and act accordingly. This Week's Ratings Changes: To stay on top of my latest stock ratings, plug your holdings into Portfolio Grader , my proprietary stock screening tool. You may get started here . More From InvestorPlace 10 Stocks to Take Profits On NOW The 7 Best Monthly Dividend Stocks to Buy Now 5 Stocks to Buy for September The post 86 Trades to Make Before the Market's Next Big Move appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-09-15,19.07,19.4686,19.0591,19.4226,
EXC,2016-09-16,19.3922,19.6014,19.2604,19.5271,
EXC,2016-09-19,19.5535,19.7441,19.5535,19.7147,
EXC,2016-09-20,19.7685,19.8672,19.532,19.5711,
EXC,2016-09-21,19.658,20.1202,19.6298,20.1134,
EXC,2016-09-22,20.1828,20.3566,20.1075,20.3273,
EXC,2016-09-23,20.2979,20.3273,20.0694,20.085,
EXC,2016-09-26,20.0743,20.1759,19.9767,20.0968,
EXC,2016-09-27,20.1027,20.1828,19.6932,19.7264,
EXC,2016-09-28,19.7636,19.8125,19.4343,19.6298,
EXC,2016-09-29,19.5779,19.5779,19.1568,19.2125,
EXC,2016-09-30,19.3288,19.4226,19.0523,19.2125,
EXC,2016-10-03,19.1921,19.1921,18.7963,18.9155,
EXC,2016-10-04,18.8726,18.8784,18.2854,18.3889,
EXC,2016-10-05,18.428,18.6664,18.3245,18.5432,"[""Exelon Unit Upgrades Infrastructure to Improve Reliability Exelon CorporationEXC announced that its electric and natural gas subsidiary, PECO, has completed over 1,300 projects that were aimed to boost its natural gas and electricity service. Note that the company sets aside an annual investment of over $500 million for services like maintenance and up-gradation of the system infrastructure. About PECO In the second quarter of 2016, PECO has monitored, inspected, repaired and replaced equipment in a bid to ensure safe and reliable electric and natural gas supply to customers. PECO has more than 1,700 reclosers and has recently added another 10 to its fleet. A recloser helps the distribution system by discontinuing the flow of electricity on the line and automatically restoring the same in the case of any problem arising due to a lightning strike, automobile accident or collapsing of trees. PECO's recloser fleet has prevented more than 84,500 power interruptions to date. The unit has also completed over 100 electric projects, including the seven System 2020 projects. Apart from these, over 40 projects were completed as part of PECO's ongoing system monitoring program. From April through June, PECO examined more than 3,700 valves as well as 1,070 miles of natural gas main, and replaced nearly 11 miles of gas main with plastic pipes. Further, over 21 miles of reinforced tree-resistant aerial electric lines have been installed by the unit across its service territories to survive turbulent weather conditions. EXELON CORP Price EXELON CORP Price | EXELON CORP Quote Future Plans PECO plans to invest about $41 million in vegetation management in the proximity of 3,300 miles of aerial electric lines in 2016 as part of its efforts on preventing power outages caused by vegetation. Further, the unit has declared that it is investing another $274 million over the next five years in the installation of advanced equipment for boosting the weather resistance of the electricity distribution system and reducing the risk of damage caused by storms. Our View Such infrastructure upgrades already undertaken by the company will eventually strengthen PECO's operations. These initiatives enable the company to improve its service and also allow to retain its existing customers and add new ones. Zacks Rank & Key Picks Exelon currently has a Zacks Rank #3 (Hold). Some better ranked stocks in the utility space include Avista Corp. AVA , DTE Energy Company DTE and Korea Electric Power Corp. KEP . All the three stocks carry a Zacks Rank#2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Avista has delivered an average positive earnings surprise of 2.3% in the trailing four quarters. DTE Energy has delivered an average positive earnings surprise of 6.9% in the trailing four quarters. Korea Electric Power has witnessed a 2.03% and 2.1% improvement in the Zacks Consensus Estimate for 2016 and 2017, respectively, over the last 60 days. Confidential from Zacks Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report KOREA ELEC PWR (KEP): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report AVISTA CORP (AVA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for October 05, 2016 Benchmarks ended in negative territory for the second consecutive session on Tuesday following reports that the European Central Bank's (ECB) bond purchasing program may be wrapped up ahead of its scheduled time of March 2017. Moreover, Richmond Fed President Jeffrey Lacker advocated rate hike chances in the near future, which also weighed on investor sentiment. Further, the International Monetary Fund (IMF) reduced growth outlook for U.S. economy. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article. The Dow Jones Industrial Average (DJI) decreased 0.5%, to close at 18,168.45. The S&P 500 also fell 0.5% to close at 2,150.49. The tech-laden Nasdaq Composite Index closed at 5,289.66, losing 0.2%. The fear-gauge CBOE Volatility Index (VIX) increased 0.4% to settle near at 13.63. A total of around 7.2 billion shares were traded on Tuesday, higher than the last 20-session average of 7.1 billion shares. Decliners outpaced advancing stocks on the NYSE. For 71% stocks that declined, only 27% advanced. What Dragged The Benchmarks? According to a Bloomberg report, the ECB's quantitative easing program may meet its conclusion before the scheduled time of March 2017 following significant reduction in bond buying volume in coming months. At present the bank is purchasing $89.7 billion or 80 billion euros of corporate and government bonds each month and it will reportedly cut back the volume by $11.2 billion or 10 billion euros a month. Further, Richmond Fed President Jeffrey Lacker said the Fed should raise rates in coming months. Lacker said \""pre-emptive increases in the federal funds rate are likely to play a critical role in maintaining the stability of inflation.\"" Rate hike concerns had a negative impact on defensive sectors. The Utilities Select Sector SPDR (XLU) fell 2.1% and was the worst performer among the S&P 500 sectors. Some of its key components, including Exelon Corporation ( EXC ) and PPL Corporation ( PPL ) declined 2.8% and 3.1%, respectively. Both the two companies possess a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Additionally, the IMF reduced its 2016 growth forecast for the U.S. economy from its previous prediction of 2.2% to 1.6%. Moreover, global growth projection for this year remained unchanged at 3.1%. Meanwhile, growth in advance economies, including the U.S. are expected to expand by 1.6% in 2016, lower than July's estimate of 1.8%. Moreover, renewed \""Brexit\"" jitters weighed on markets. Also, investors look forward to monthly employment report this Friday and await the official start of earnings season next week. Stocks That Made Headlines Today Constellation Brands Tops Q2 Earnings, Sales; Stock Up Shares of Constellation Brands Inc. ( STZ ) gained, as the company raised its fiscal 2017 outlook after posting yet another quarter of spectacular results. ( Read More ) Twitter Buyout Chatter Grows Louder, Might Get Bids Soon Twitter Inc ( TWTR ) may formally receive bids this week, reports The Wall Street Journal. ( Read More ) Will AT&T's Latest Concert Deals Drive Top-Line Growth? AT&T Inc. ( T ) has focused on strengthening its content and online streaming services post the DirecTV acquisition in 2015. ( Read More ) Newell Simplifies Operating Structure to Fuel Growth As part of a strategic business review performed after its acquisition of Jarden Corp., Newell Brands Inc. ( NWL ) announced a host of amendments to its business structure. ( Read More ) PPG Industries Gets Naming Rights to Pittsburgh Arena PPG Industries Inc. ( PPG ) has inked a 20-year deal with Pittsburgh Penguins to acquire naming rights for Pittsburgh's multipurpose arena with immediate effect. ( Read More ) Looking for Ideas with Even Greater Upside? Today's investment ideas are short-term, directly based on our proven 1 to 3 month indicator. In addition, I invite you to consider our long-term opportunities. These rare trades look to start fast with strong Zacks Ranks, but carry through with double and triple-digit profit potential. Starting now, you can look inside our home run, value, and stocks under $10 portfolios, plus more. Click here for a peek at this private information >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report PPL CORP (PPL): Free Stock Analysis Report CONSTELLATN BRD (STZ): Free Stock Analysis Report TWITTER INC (TWTR): Free Stock Analysis Report AT&T INC (T): Free Stock Analysis Report NEWELL BRANDS (NWL): Free Stock Analysis Report PPG INDS INC (PPG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-10-06,18.4798,18.5921,18.3362,18.5052,
EXC,2016-10-07,18.6595,18.8344,18.5676,18.5736,
EXC,2016-10-10,18.6937,18.8042,18.5892,18.7592,"[""Talen Energy Stockholders Approve Takeover by Riverstone Shareholders of energy and power generation company Talen Energy CorporationTLN have recently approved the proposed acquisition of the company by Riverstone Holdings LLC, a private investment firm. Under the deal, Riverstone will purchase Talen's stock for $14 a share (56% premium to the closing price of $9.00 per share on Mar 31, 2016). The transaction has a total enterprise value of approximately $5.2 billion and Riverstone will own 35% the shares of the company. Pending Approvals The merger is yet to be approved by a number of regulatory commissions. These regulatory bodies includethe Federal Energy Regulatory Commission and the Nuclear Regulatory Commission, though the companies have been granted the termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. On Sep 19, the New York Public Service Commission approved the transaction as it pertains to Talen Energy's operation of Athens power plant. Subject to regulatory approvals and customary conditions, the transaction is slated to close by the end of 2016. TALEN ENERGY CP Price TALEN ENERGY CP Price | TALEN ENERGY CP Quote Similar Move by a Peer On Sep 26, shareholders of Great Plains Energy Incorporated GXP and Westar Energy, Inc. WR approved the pending merger-related proposals, thereby paving the way for the completing the transaction in the spring of 2017. The merger, reportedly valued at $12.2 billion, includes about $8.6 billion in total stock and cash consideration and $3.6 billion of Westar Energy's debt. Meanwhile, in Mar 2016, Exelon Corporation EXC and Pepco Holdings Inc. completed their merger. The merger combined three of Exelon's electric and gas utilities - BGE, ComEd and PECO - with three of Pepco's electric and gas utilities - Atlantic City Electric, Delmarva Power and Pepco - to create the leading mid-Atlantic electric and gas utility company. Confidential from Zacks Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report WESTAR ENERGY (WR): Free Stock Analysis Report GREAT PLAINS EN (GXP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ex-Div Reminder for Exelon Trust Preferred Securities On 10/12/16, Exelon Corp's 6.20% Trust Preferred Securities (Symbol: BGE.PRB) will trade ex-dividend, for its quarterly dividend of $0.3875, payable on 10/17/16. As a percentage of BGE.PRB's recent share price of $26.19, this dividend works out to approximately 1.48%, so look for shares of BGE.PRB to trade 1.48% lower - all else being equal - when BGE.PRB shares open for trading on 10/12/16. On an annualized basis, the current yield is approximately 5.93%, which compares to an average yield of 4.76% in the \""Utilities\"" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of BGE.PRB shares, versus EXC: Below is a dividend history chart for BGE.PRB, showing historical dividends prior to the most recent $0.3875 on Exelon Corp's 6.20% Trust Preferred Securities: According to the ETF Finder at ETF Channel, Exelon Corp (Symbol: EXC) makes up 6.68% of the iShares Edge MSCI Multifactor Utilities ETF ( UTLF ) which is trading relatively unchanged on the day Monday. In Monday trading, Exelon Corp's 6.20% Trust Preferred Securities (Symbol: BGE.PRB) is currently up about 0.1% on the day, while the common shares (Symbol: EXC) are up about 0.3%. Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-10-11,18.7114,18.7865,18.5276,18.5531,
EXC,2016-10-12,18.5921,18.7865,18.5482,18.7651,
EXC,2016-10-13,18.7406,19.1921,18.7171,18.9605,"Notable ETF Inflow Detected - XLU, EXC, PCG, SRE Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $180.2 million dollar inflow -- that's a 2.6% increase week over week in outstanding units (from 148,624,160 to 152,424,160). Among the largest underlying components of XLU, in trading today Exelon Corp (Symbol: EXC) is up about 0.3%, PG&E Corp. (Symbol: PCG) is up about 0.3%, and Sempra Energy (Symbol: SRE) is up by about 0.1%. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $41.50 per share, with $53.02 as the 52 week high point - that compares with a last trade of $47.70. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-10-14,18.9487,19.1558,18.8598,18.8726,
EXC,2016-10-17,18.9302,19.0523,18.8726,18.9038,
EXC,2016-10-18,19.0747,19.2038,18.7865,19.1001,
EXC,2016-10-19,19.0523,19.105,18.897,18.9781,
EXC,2016-10-20,19.0113,19.0591,18.8471,18.9546,
EXC,2016-10-21,18.8403,18.9605,18.6947,18.7592,"[""Utilities Select Sector SPDR Fund Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $171.4 million dollar outflow -- that's a 2.3% decrease week over week (from 152,424,160 to 148,874,160). Among the largest underlying components of XLU, in trading today Duke Energy Corp (Symbol: DUK) is off about 0.7%, American Electric Power Company, Inc. (Symbol: AEP) is down about 0.7%, and Exelon Corp (Symbol: EXC) is lower by about 0.2%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $41.50 per share, with $53.02 as the 52 week high point - that compares with a last trade of $48.06. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Q3 Earnings: Can the Stock Pull a Surprise? Exelon CorporationEXC is set to release third-quarter 2016 results before the opening bell on Oct 26. Last quarter, this electric and natural gas utility reported a positive earnings surprise of 16.07%. Over the last four quarters, the company has delivered an average positive earnings surprise of 8.36%. Let's see what is store for this utility this season. Factors to Consider Exelon expects third-quarter earnings in the range of 65 to 75 cents per share. Warmer-than-expected temperatures in the quarter might have a positive impact on the company's earnings. Exelon is benefiting from the acquisition of Pepco Holdings and the positive regulatory ruling at BGE Electric and Natural Gas Distribution, which will aid additional combined annual revenues of $92 million. During the quarter, Exelon suffered a defeat in a court case with Internal Revenue Service (IRS). The court ruled against the accounting treatment of profits in relation to the sale of coal plants in 1999. This ruling will potentially impact Exelon, compelling the company to pay $870M in taxes, interest and penalties to the IRS. EXELON CORP Price and EPS Surprise EXELON CORP Price and EPS Surprise | EXELON CORP Quote Earnings Whispers Our proven model does not conclusively show that Exelon Corporation is likely to beat the Zacks Consensus Estimate in the third quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here, as you will see below. Zacks ESP : ESP for Exelon is 0.00%. This is because both the Most Accurate Estimate and the Zacks Consensus Estimate are pegged at 74 cents. Zacks Rank : Exelon currently carries a Zacks Rank #3, which when combined with a 0.00% ESP, makes surprise prediction difficult this season. We caution against stocks with Zacks Ranks #4 and #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Exelon may not have the perfect combination for an earnings beat this season, but we have several other utility companies looking up this earnings season. CMS Energy CMS is expected to release third-quarter 2016 results on Oct 27, before the market opens. The company has an Earnings ESP of +5.26% and a Zacks Rank #1.You can see the complete list of today's Zacks #1 Rank stocks here . DTE Energy Company DTE has an Earnings ESP of +4.64% and a Zacks Rank #2. The company is expected to release third-quarter 2016 results on Oct 26, before the market opens. WEC Energy Group WEC has an Earnings ESP of +5.09% and a Zacks Rank #2. The company is expected to release third-quarter 2016 results before the market opens on Oct 26. Confidential from Zacks Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WEC ENERGY GRP (WEC): Free Stock Analysis Report CMS ENERGY (CMS): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-10-24,18.8286,18.9038,18.639,18.8452,
EXC,2016-10-25,18.7592,19.0357,18.7221,18.9898,
EXC,2016-10-26,19.0455,19.3258,18.8559,19.1988,"Exelon (EXC) Trumps Earnings and Revenue Estimates in Q3 Exelon CorporationEXC reported third-quarter 2016 adjusted operating earnings of 91 cents per share, beating the Zacks Consensus Estimate of 74 cents by 23%. Quarterly earnings were also 9.6% higher than year-ago tally of 83 cents. Reported earnings were also above management's guidance range of 65 to 75 cents per share. The bottom-line improvement was driven by regulatory rate hikes and favorable weather, which boosted demand for utility services. On a GAAP basis, quarterly earnings were 53 cents per share, compared with 69 cents a year ago. The difference between GAAP and adjusted operating earnings was due to the combined impact of hedging activities, impairment of assets, plant retirements, other one-time charges and a gain on fund investments combining to a net charge of 38 cents. FindTheCompany | Graphiq Total Revenue Exelon's total operating revenues of $8,836 million surpassed the Zacks Consensus Estimate of $8,698 million by 1.6%. Quarterly revenues also increased 19.2% year over year. Quarterly Highlights Exelon's total operating expenses increased 19.6% year over year to $7,248 million. The increase in operating expenses was primarily due to higher purchased power and fuel expenses, and operating and maintenance expenses. The company reported operating income of $1,589 million in the quarter, up 17.2% from $1,356 million a year ago. Interest expenses of $363 million were 36.9% higher than the year-ago quarter. Exelon was serving nearly 3.96 million electric customers in the third quarter, up 1.5% year over year. EXELON CORP Price, Consensus and EPS Surprise EXELON CORP Price, Consensus and EPS Surprise | EXELON CORP Quote Financial Position As of Sep 30, 2016, Exelon's cash and cash equivalents were $1,897 million compared with $6,502 million at the end of 2015. Long-term debt as of Sep 30, 2016 was $32,330 million, up from $23,645 million as of Dec 31, 2015. In the first nine of 2016, net cash flow from operating activities was $7,359 million compared with $5,674 million in the year-ago period. During the same period, Exelon's capital expenditure was $6,368 million, compared with $5,443 million in 2015. Hedges Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Sep 30, 2016, was 98-101% for 2016, 85-88% for 2017, and 54-57% for 2018. Looking Ahead Exelon raised its 2016 earnings guidance to the range to $2.55 to $2.75 per share from $2.40-$2.70 expected earlier. Upcoming Peer Releases Dominion Resources Inc. D is expected to release third-quarter 2016 operating earnings on Oct 31. The Zacks Consensus Estimate is pegged at $1.08. Duke Energy Corporation DUK is expected to release third-quarter 2016 operating earnings on Nov 4. The Zacks Consensus Estimate is pegged at $1.55. NextEra Energy, Inc. NEE is expected to release third-quarter 2016 operating earnings on Oct 31. The Zacks Consensus Estimate is pegged at $1.65. Our View Exelon was able to surpass bottom-line expectations in the reported quarter thanks to solid performance of its operating segments. The company also benefitted from new electric rates and warmer-than-expected temperature in its service territories. Exelon is also gaining on the back of the Pepco Holdings acquisition, which contributed $130 million to its earnings in the reported quarter. The company revised its earnings guidance for 2016 upward, in expectations of even higher from the Pepco and Generation segments. In the first nine months of 2016, the company served nearly 3.96 million electric customers, up 1.5% year over year. Moreover, the company recorded a 2.3% increase in electric delivery volumes to 68,189 Gwh. Courtesy of these positive developments, we believe that Exelon is poised to meet the raised earnings guidance for 2016. Exelon Corporation has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here Confidential from Zacks Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-10-27,19.2545,19.365,18.9038,19.2038,"Utility Stock Earnings to Watch on Oct 28: CPN, POR & PNM The Q3 earnings season is picking up pace with 116 S&P 500 members having already reported their results last week. Reported earnings were up 3.3% year over year on 1.8% higher revenues. This will probably be one of the busiest weeks of the Q3 earnings season, with 810 companies (including 171 S&P members) releasing financial results. For the remaining index members, projections are of a 0.1% improvement in earnings on 1.5% higher revenues despite the expectations of a 72.6% plunge in earnings on 12.2% deterioration in revenues for the Oil & Energy sector. Notably, this could be the first quarter to record positive earnings growth after five quarters of back-to-back declines. Seven out of the 16 sectors in the Zacks coverage universe are expected to witness earnings decline this season. However, utility is among the remaining nine sectors that are expected to record growth in the positive territory this season. Read more details in our weekly Earnings Preview report. The Utility Sector Let us now focus on the utility sector, which is characterized by its defensive nature and domestic orientation. This sector is known for its capital-intensive nature. This is because these companies need huge capital for setting up generation facilities, and transmission and distribution infrastructure. They also require considerable funds for upgrading the existing systems to meet emission control standards. Because of their capital-intensive nature, utilities have been benefiting from the rock-bottom interest rate environment. However, talks hinting at a rate hike before the end of the year could hamper the growth momentum of the sector. Nevertheless, we expect warmer-than-normal weather in the U.S. during the third quarter to boost sales to a large extent. In the third quarter of 2016, sector earnings are expected to be up 5.7% on 4.6% higher revenues. Exelon Corporation EXC , a large operator in the utility space, recently reported better-than-expected bottom-line numbers for the third quarter of 2016. Reported quarterly earnings exceeded expectations by a substantial 23% mainly on the back of regulatory rate hikes and favorable weather, which drove the demand for utility services. Let's take a look at a few utilities that are scheduled to report quarterly numbers on Oct 28. Portland General Electric CompanyPOR is involved in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. The stock carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Portland General Electric's Earnings ESP , which represents the difference between the Most Accurate estimate of 38 cents and the Zacks Consensus Estimate of 41 cents, is -7.32%. According to our proven model, stocks with the combination of a Zacks Rank #1, #2 (Buy) or #3 and a positive ESP have higher chances of beating earnings estimates. Please check our Earnings ESP Filter that enables you to find stocks that are expected to come out with earnings surprises. PORTLAND GEN EL Price and EPS Surprise PORTLAND GEN EL Price and EPS Surprise | PORTLAND GEN EL Quote PNM Resources, Inc . PNM engages in the generation, transmission and distribution of electricity. The company reported a positive earnings surprise of 8.11% in the previous quarter. PNM Resources' Earnings ESP is 0.00% as both the Most Accurate estimate and the Zacks Consensus Estimate are pegged at 75 cents. However, the company has a Zacks Rank #4 (Sell) and we caution against Sell-rated stocks (#4 or #5) going into the earnings announcement. PNM RESOURCES Price and EPS Surprise PNM RESOURCES Price and EPS Surprise | PNM RESOURCES Quote Calpine CorporationCPN is a wholesale power generation company, which owns and operates natural gas and geothermal power plants in North America. Calpine Corporation's Earnings ESP is 0.00% as both the Most Accurate estimate and the Zacks Consensus Estimate are pegged at 59 cents. However, this company holds a Zacks Rank #4 as well. CALPINE CORP Price and EPS Surprise CALPINE CORP Price and EPS Surprise | CALPINE CORP Quote Where Do Zacks' Investment Ideas Come From? You are welcome to download the full, up-to-the-minute list of 220 Zacks Rank #1 ""Strong Buy"" stocks free of charge. There is no better place to start your own stock search. Plus you can access the full list of must-avoid Zacks Rank #5 ""Strong Sells"" and other private research. See the stocks free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report CALPINE CORP (CPN): Free Stock Analysis Report PORTLAND GEN EL (POR): Free Stock Analysis Report PNM RESOURCES (PNM): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-10-28,19.2125,19.3054,19.0523,19.1793,
EXC,2016-10-31,19.2409,19.7001,19.2409,19.6649,"[""Noteworthy ETF Outflows: XLU, DUK, AEP, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $155.1 million dollar outflow -- that's a 2.1% decrease week over week (from 148,874,160 to 145,674,160). Among the largest underlying components of XLU, in trading today Duke Energy Corp (Symbol: DUK) is up about 1%, American Electric Power Company, Inc. (Symbol: AEP) is up about 1.2%, and Exelon Corp (Symbol: EXC) is higher by about 1.2%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $41.50 per share, with $53.02 as the 52 week high point - that compares with a last trade of $49.11. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Southern Company (SO) Q3 Earnings Top on Wholesale Unit Power supplier Southern CompanySO reported third-quarter 2016 earnings per share (excluding certain one-time items) of $1.28, ahead of the Zacks Consensus Estimate and the year-ago adjusted profit of $1.17. The strong numbers can be attributed to robust performance from its wholesale unit and favorable weather conditions. The Atlanta-based utility's quarterly revenue - at $6,264 million - came 16% higher than the third-quarter 2015 level of $5,401 million and was also ahead of the Zacks Consensus Estimate of $6,036.4 million. FindTheCompany | Graphiq Overall Sales Breakup While wholesale sales jumped 18%, Southern Company's retail electricity demand also increased amid warmer-than-normal weather conditions. This brought about an upward movement in overall electricity sales and usage. In fact, total electricity sales during the third quarter was up 5.7% from the same period last year. Southern Company's total retail sales rose 3.2%, with residential and commercial sales up by 8.9% and 3.4%, respectively. However, demand from industrial customers fell 3.3% from the year-ago period Expenses Summary Southern Company's operations and maintenance cost increased 29% to $1,411 million, while the utility's total operating expense for the period - at $4,322 million - was up 15% from the prior-year level. SOUTHERN CO Price, Consensus and EPS Surprise SOUTHERN CO Price, Consensus and EPS Surprise | SOUTHERN CO Quote Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. EXC and Duke Energy Corp. DUK - currently retains a Zacks Rank #3 (Hold). A better-ranked player from the same industry would be DTE Energy Company DTE . This Zacks Rank #1 (Strong Buy) stock offers excellent value and is worth buying now. You can see the complete list of today's Zacks #1 Rank stocks here . Confidential from Zacks Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""We Did The Math LRGF Can Go To $27 Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel , we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the iShares Edge MSCI Multifactor USA ETF (Symbol: LRGF), we found that the implied analyst target price for the ETF based upon its underlying holdings is $27.01 per unit. With LRGF trading at a recent price near $24.60 per unit, that means that analysts see 9.80% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of LRGF's underlying holdings with notable upside to their analyst target prices are United Therapeutics Corp (Symbol: UTHR), Exelon Corp (Symbol: EXC), and Avnet Inc (Symbol: AVT). Although UTHR has traded at a recent price of $118.14/share, the average analyst target is 14.93% higher at $135.78/share. Similarly, EXC has 11.72% upside from the recent share price of $33.23 if the average analyst target price of $37.12/share is reached, and analysts on average are expecting AVT to reach a target price of $46.17/share, which is 11.03% above the recent price of $41.58. Below is a twelve month price history chart comparing the stock performance of UTHR, EXC, and AVT: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp Breaks Above 200-Day Moving Average - Bullish for EXC In trading on Monday, shares of Exelon Corp (Symbol: EXC) crossed above their 200 day moving average of $33.90, changing hands as high as $34.13 per share. Exelon Corp shares are currently trading up about 2.5% on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $25.09 per share, with $37.70 as the 52 week high point - that compares with a last trade of $34.02. EXC makes up 6.75% of the iShares Edge MSCI Multifactor Utilities ETF (Symbol: UTLF) Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-11-01,19.6336,19.658,19.111,19.1988,
EXC,2016-11-02,19.1384,19.1558,18.7064,18.8726,
EXC,2016-11-03,18.8559,19.0318,18.7651,18.9185,
EXC,2016-11-04,18.9839,19.1266,18.8501,18.8666,
EXC,2016-11-07,19.0357,19.2946,18.9155,19.2897,
EXC,2016-11-08,19.2125,19.5203,18.6937,19.4285,
EXC,2016-11-09,19.023,19.023,18.4739,18.511,"Exelon Corporation (EXC) Ex-Dividend Date Scheduled for November 10, 2016 Exelon Corporation ( EXC ) will begin trading ex-dividend on November 10, 2016. A cash dividend payment of $0.318 per share is scheduled to be paid on December 09, 2016. Shareholders who purchased EXC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that EXC has paid the same dividend. At the current stock price of $33.66, the dividend yield is 3.78%. The previous trading day's last sale of EXC was $33.66, representing a -10.72% decrease from the 52 week high of $37.70 and a 34.16% increase over the 52 week low of $25.09. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXCU ). EXC's current earnings per share, an indicator of a company's profitability, is $1.34. Zacks Investment Research reports EXC's forecasted earnings growth in 2016 as 6.06%, compared to an industry average of -.3%. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EXC through an Exchange Traded Fund [ETF]? The following ETF(s) have EXC as a top-10 holding: Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ) Guggenheim S&P 500 Pure Value ETF ( RPV ) PowerShares S&P 500 High Dividend Low Volatility Portfolio ( SPHD ). The top-performing ETF of this group is RPV with an increase of 3.69% over the last 100 days. RYU has the highest percent weighting of EXC at 3.03%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-11-10,18.4505,18.4573,17.4636,17.5994,
EXC,2016-11-11,17.6347,17.8447,17.3835,17.4881,"[""Top Research Reports for Medtronic, Chubb & Exce Friday, November 11 2016 Today's Research Daily features new research reports on 16 major stocks, including Medtronic (MDT), Chubb (CB) and Exelon (EXC). These reports have been hand-picked from among the roughly research reports issued by our analyst team today. You can see the complete list of today's research reports here >>> Medtronic shares have gained more than 7% year-to-date, outperforming the peer medical devices space, on the back of the company's recent product launches and FDA approvals. The analyst likes the $1.1 billion acquisition of Heartware International, which is expected to significantly boost its Cardiac Rhythm & Heart Failure business, but worries about the company's sluggish spine business over the past few quarters. (You can read the full research report onMedtronichere>> ) Chubb shares have lagged the insurance space this year, but the Zacks analyst thinks the company stands a good chance of taking leadership in the P&C space, benefiting from complementary products and services. Its inorganic growth story seems impressive and should help it achieve higher long-term ROE. A strong capital position helps Chubb to engage in shareholder friendly moves and invest in strategic initiatives that drive growth. However, the company's exposure to cat loss (estimates $200 million cat loss in fourth quarter from Hurricane Matthew) and a low interest rate environment are headwinds. The recent uptrend in long-term interest rates is beneficial to Chubb and others in its space. (You can read the full research report onChubbhere>> ) Exelon shares have been strong performers this year, but they have come under pressure in recent sessions as long-term interest rates have trended up following the election. The analyst emphasizes that the company has benefitted from new electric rates and above-average temperatures in its service territories. Moreover, Exelon is gaining from the Pepco Holdings acquisition, which contributed $130 million to its earnings in the reported quarter. However, Exelon is subject to the impact of commodity price volatility, and price fluctuation in the wholesale markets. (You can read the full research report onExelonhere>> ) Other noteworthy reports we are featuring today include Intercontinental Exchange (ICE), Check Point Software (CHKP) and Macy's (M). Today's Private Buys & Sells from Zacks Research While we share the above news with the public, our sensitive recommendations are hidden from everyone but selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum . . . from stocks under $10 to ETF and option moves . . . from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trades >> Sheraz Mian Director of Research Note: If you want an email notification each time Sheraz publishes a new article, pleaseclick here>>> Today's Must Read Innovation to Boost Medtronic's (MDT) Growth, Currency Woes Remain Chubb Limited's (CB) Exposure to Cat Loss Raises Concerns Exelon (EXC) Beats Q3 Earnings, New Rates Boost Results Featured Reports Tesoro Corporation (TSO) Q3 Earnings Beat; Revenues Miss The Zacks analyst believes that the company's scale and diversification benefits along with significant contribution from the logistics segment led Tesoro to beat third quarter earnings estimate. Nucor (NUE) Misses in Q3, Strategic Actions to Reap Gains The covering analyst believes that Nucor will gain from acquisitions, capacity expansion actions and healthy auto demand amid sustained industry challenges. Intercontinental Exchange (ICE) Q3 Earnings, Revenues Miss The Zacks analyst believes Intercontinental Exchange's incremental cash flows and capital position support efficiencies, strategic acquisitions, alliances, product novelty, and global expansion. Macy's (M) Q3 Earnings Misses Estimates, Retains EPS View The Zacks analyst thinks Macy's remains focused on augmenting its top and bottom lines, as both fell for the third time this fiscal. Kohl's (KSS) Q3 Earnings & Sales Beat Despite Weak Comps The covering analyst thinks Kohl's 'Greatness Agenda' initiative has failed to deliver results. Check Point's (CHKP) Strategic Initiatives Drive Q3 Results The Zacks analyst thinks that Check Point's focus on product refreshes, better mobile capabilities and buyout will continue to back growth. Annaly's (NLY) Q3 Earnings Beat Estimates The covering analyst believes Annaly's diversified investment and financing options aided its better-than-expected results in 3Q16. New Upgrades Liberty Media (LMCA) Reverses to Earnings in Q3; Sales Up The Zacks analyst believes that Liberty Media's diversified investment in cable MSO, satellite radio broadcasters and live concert operators will boost the company's long-term growth prospects. Microchip (MCHP) Beats Q2 Earnings, Sales Estimates The covering analyst believes the company's expanding product portfolio, new customer wins and accretive acquisitions like that of Atmel are key growth drivers. Middleby (MIDD) Up to Buy on Strong Q3 Earnings Middleby's Q3 earnings surpassed the Zacks Consensus Estimate and the year-ago tally on the back of higher sales, acquisition benefits, sound restructuring moves and greater operational efficacy. New Downgrades Plains All American (PAA) Tops Q3 Earnings, Revenue Fall The Zacks analyst believes that intense competition in the midstream space continues to pose a threat to Plains All American. Iconix (ICON) Tops Q3 Earnings and Sales; Lowers View Iconix beats earnings and sales in the third-quarter 2016, but lowers sales view for full-year. The covering analyst thinks softness in men's line and uncertainties in Europe are causing woes. Telephone & Data Systems (TDS) Misses on Earnings in Q3 The Zacks analyst believes that intense competition and costs related to network integration, construction of cell sites and wireless technology upgrades are major risks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MEDTRONIC (MDT): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report INTERCONTNTLEXC (ICE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report CHECK PT SOFTW (CHKP): Free Stock Analysis Report CHUBB LTD (CB): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Gains on Favorable Weather, Wholesale Prices a Woe On Nov 11, 2016 , we issued an updated research report on Exelon CorporationEXC . In third-quarter 2016, the company benefited from new electric rates and above-average temperatures in its service territories. However, price fluctuation in the wholesale power market, where the company sells a portion of its output, was a material headwind. Recently, Exelon announced third-quarter 2016 results. The company was able to surpass bottom-line expectations thanks to solid performance of its operating segments and favorable weather conditions in its service territories. Moreover, its total operating revenues of $8,836 million surpassed the Zacks Consensus Estimate of $8,698 million by 1.6% and improved 19.2% year over year. Exelon invests substantially in infrastructure projects, besides expanding its renewable and fossil fuel generating capacity. The company plans to invest nearly $25.3 billion over the 2016-2020 time period, of which $24.5 billion will be allocated for Electric Transmission, Electric Distribution and Gas Delivery systems. Such systematic investments in regulated assets will drive earnings growth in the range of 7% to 9% and rate base growth of 6.1% during this timeframe. EXELON CORP Price and EPS Surprise EXELON CORP Price and EPS Surprise | EXELON CORP Quote Exelon is expected to generate free cash flow of nearly $8.2 billion over the 2016-2020 time period through business activities. The company intends to utilize this cash to lower existing debt levels, fund its capital program and pay dividends to shareholders to maximize their value. However, Exelon's financial performance is guided by price fluctuations in the wholesale power markets. Wholesale power prices are dependent on supply and demand, which in turn are determined by factors such as fuel prices, especially those of coal and natural gas. Unfavorable movement in power prices could impact the profitability of the company. Moreover, Exelon operates in a capital-intensive business space, which implies that any downgrade of the credit rating will increase the cost of borrowing and thus impact the company's margins. Zacks Rank Exelon currently has a Zacks Rank #3 (Hold). Some better-ranked stocks in the utility space are DTE Energy Inc. DTE , WEC Energy Group WEC and Ameren Corporation AEE , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . DTE Energy, WEC Energy and Ameren Corporation have each surpassed third-quarter 2016 earnings estimates by a respective 27.27%, 15% and 10.14%. Zacks' Top Investment Ideas for Long-Term Profit How would you like to see our best recommendations to help you find today's most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMEREN CORP (AEE): Free Stock Analysis Report WEC ENERGY GRP (WEC): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-11-14,17.4304,18.0196,17.3933,17.9365,"The Zacks Analyst Blog Highlights: Medtronic, Chubb, Exelon, Check Point Software and Macy's For Immediate Release Chicago, IL - November 14, 2016 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Medtronic (NYSE: MDT - Free Report ), Chubb (NYSE: CB - Free Report ), Exelon (NYSE: EXC - Free Report ), Check Point Software (NASDAQ: CHKP - Free Report ) and Macy's (NYSE: M - Free Report ). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are highlights from Friday's Analyst Blog: Top Research Reports for Today Today's Research Daily features new research reports on 16 major stocks, including Medtronic (NYSE: MDT - Free Report ), Chubb (NYSE: CB - Free Report ) and Exelon (NYSE: EXC - Free Report ). These reports have been hand-picked from among the roughly research reports issued by our analyst team today. You can see the complete list of today's research reports here >>> Medtronic shares have gained more than 7% year-to-date, outperforming the peer medical devices space, on the back of the company's recent product launches and FDA approvals. The analyst likes the $1.1 billion acquisition of Heartware International, which is expected to significantly boost its Cardiac Rhythm & Heart Failure business, but worries about the company's sluggish spine business over the past few quarters. (You can read the full research report on Medtronic here>> ) Chubb shares have lagged the insurance space this year, but the Zacks analyst thinks the company stands a good chance of taking leadership in the P&C space, benefiting from complementary products and services. Its inorganic growth story seems impressive and should help it achieve higher long-term ROE. A strong capital position helps Chubb to engage in shareholder friendly moves and invest in strategic initiatives that drive growth. However, the company's exposure to cat loss (estimates $200 million cat loss in fourth quarter from Hurricane Matthew) and a low interest rate environment are headwinds. The recent uptrend in long-term interest rates is beneficial to Chubb and others in its space. (You can read the full research report on Chubb here>> ) Exelon shares have been strong performers this year, but they have come under pressure in recent sessions as long-term interest rates have trended up following the election. The analyst emphasizes that the company has benefitted from new electric rates and above-average temperatures in its service territories. Moreover, Exelon is gaining from the Pepco Holdings acquisition, which contributed $130 million to its earnings in the reported quarter. However, Exelon is subject to the impact of commodity price volatility, and price fluctuation in the wholesale markets. (You can read the full research report on Exelon here>> ) Other noteworthy reports we are featuring today include Check Point Software (NASDAQ: CHKP - Free Report ) and Macy's (NYSE: M - Free Report ). Today's Private Buys & Sells from Zacks Research While we share the above news with the public, our sensitive recommendations are hidden from everyone but selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum . . . from stocks under $10 to ETF and option moves . . . from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trades >> Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free . About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 ""Strong Buys"" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>. Get the full Report on MDT - FREE Get the full Report on CB - FREE Get the full Report on EXC - FREE Get the full Report on CHKP - FREE Get the full Report on M - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com/ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MEDTRONIC (MDT): Free Stock Analysis Report CHUBB LTD (CB): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report CHECK PT SOFTW (CHKP): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sponsored Links 7 Ways To Help Generate Income Once Your Portfolio Reaches $500,000 Fisher Investments Learn More The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-11-15,18.0333,18.7485,18.0333,18.6947,
EXC,2016-11-16,18.7181,18.7602,18.1671,18.4202,
EXC,2016-11-17,18.3215,18.5394,18.3215,18.3576,
EXC,2016-11-18,18.5482,18.7728,18.3947,18.4973,
EXC,2016-11-21,18.5726,18.9341,18.5726,18.9341,
EXC,2016-11-22,18.9077,19.1266,18.7533,18.9223,
EXC,2016-11-23,18.683,18.9077,18.6537,18.8364,
EXC,2016-11-25,18.8998,19.1608,18.8803,18.9926,
EXC,2016-11-28,19.0856,19.6228,19.0856,19.4636,
EXC,2016-11-29,19.3815,19.6639,19.3777,19.6228,"Forget Baker Hughes, General Electric Company (GE) Stock’s Best Buy-Outs Were a LOT Smaller InvestorPlaceInvestorPlace - Stock Market News, Stock Advice & Trading Tips The news dominating the General Electric Company (NYSE: GE ) is undoubtedly its proposed tied-up with oil services firm Baker Hughes Incorporated (NYSE: BHI ). Certainly, that deal is transformative and deserve plenty of attention. In the end, that will make GE a very different company - or two after it splits. Source: Anthony Quintano via Flickr It very much warrants coverage. But while the investment world fawns over GE and BHI tying the knot, General Electric was busy making other deals - much smaller deals outside of the world of industrial manufacturing. GE is quickly becoming one of the strongest and biggest technology stocks out there. Dubbed the industrial internet or smart factories, the company is rapidly becoming one of the biggest players in the burgeoning Internet of Things (IoT) market. In the end, the concept of smart factories, appliances and other industrial products is really what's going to drive growth across throughout GE's future. And that includes anything that happens with Baker Hughes. GE Creates the Factory of the Future The last few years have been about transformation at GE. After shedding billions of dollars' worth of GE Capital and other financial assets, General Electric has gone back to its roots as major industrial manufacturer. Except, there's a hefty dose of code and programming going along with that focus on industrial manufacturing. The 7 Best Tech Stocks in the World During this whole shuffling of businesses lines, asset sales and transformation, General Electric quietly launched GE Digital. Taking tools that it used during its own internal processes, General Electric created the blueprints for the smart factory of the future. Using its new Predix platform,GE stock now offers a whole suite of products built to combine machines and technology in one hand. Initially, the suite of products used complex sensor across various pieces of machinery - say a jet engine or conveyor belt - and then software to analyze the billions of bytes worth of data. Looking at all the data generated, it was done to help with maintenance time, operational efficiencies and other cost-saving strategies. But GE hasn't stopped there. It has a gone on an IoT buying spree designed to make Predix THE one-stop shop for the industrial internet. While the market was focused on the BHI merger, it quietly added ShipXpress and asset performance management software firm Meridium . It also purchased Arcam and Concept Laser . It took out Bit Stew - which handles efficient data integration. Wise.io and its machine leaning AI ""natural selection"" software is now part of the GE Digital family. Industrial cyber security firm Wurldtech was added. The latest was a $915 million buyout of ServiceMax . The addition to GE Digital will allow field workers access to data, contracts and other information from anywhere on any device. It brings software as a service (SaaS) into the Predix cloud suite. None of these acquisitions were big in terms of dollar amounts, but all allow GE to really utilize everything that Predix potentially could offer. Machines and factories, thinking and learning while running more efficiently. A Monster Opportunity for General Electric Stock The real opportunity for GE comes down to making money hand over fist with Predix. Despite only being a few years old, GE is already generating plenty of revenues from the software infrastructure suite. This year, General Electric estimates that sales of Predix will hit $7 billion. That's a billion more than what it earned on the IoT software program during 2015. The gains are coming from major companies as well. GE just signed mega-utility Exelon Corporation (NYSE: EXC ) and India's Reliance Industries Limited - which wants to use it across its energy, fertilizer, power, healthcare and telecom businesses. Longer term, Predix should grow to more than $15 billion in annual sales by the time the calendar rolls over to 2020. And there's plenty of potential for cross selling and additional revenue drivers. Just bought a new jet engine from GE Aviation? How about buying it already loaded with sensors and year's trial to our Predix software suite? That kind of cross-selling and sales pitch will even work with the various oil service products that GE will sell after it snags Baker Hughes. General Electric estimates that a small 1% increase in efficiency could save the oil and gas industry more than $90 billion over a 15 year period. The fact that it makes the industrial products and sells the software gives it an upper hand against other industrial IoT rivals like Cisco Systems, Inc. (NASDAQ: CSCO ). ""Techy"" GE Stock Is a Big Buy In the end, GE is quickly becoming the industrial internet leader with its smart and small buy-outs. The Brilliant Factory and connectivity among machines and industrial processes will be a huge trend in the upcoming decades. General Electric is building on its history for the next industrial revolution, one that will be driven by coding rather than steam and coal. Betting Against PayPal Holdings Inc (PYPL) Stock Is a BIG Mistake For investors, the sideways drift of GE stock makes it an incredible buy as its moves with gusto in the next stage of its transformation. Ultimately, GE Digital will continue to see higher revenues and the high profit margins at the unit will only serve to strengthen GE overall. As of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities. More From InvestorPlace 10 Double-Whammy Dividend Stocks to Buy in 2017 The 10 Best S&P 500 Blue-Chip Dividend Stocks to Buy Now The post Forget Baker Hughes, General Electric Company (GE) Stock's Best Buy-Outs Were a LOT Smaller appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-11-30,19.3113,19.3875,18.9517,18.9517,"84 Trades to Stay Ahead of the Curve InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips During these busy times, it pays to stay on top of the latest profit opportunities, and today's blog post should be a great place to start. After taking a close look at the latest data on institutional buying pressure and each company's fundamental health, I decided to revise my Portfolio Grader recommendations for 84 big blue chips. Chances are that you have at least one of these stocks in your portfolio, so you may want to give this list a skim and act accordingly. This Week's Ratings Changes: To stay on top of my latest stock ratings, plug your holdings into Portfolio Grader , my proprietary stock screening tool. You may get started here . More From InvestorPlace The 10 Best S&P 500 Blue-Chip Dividend Stocks to Buy Now The 7 Best Tech Stocks in the World The Best Investments for 2017 The post 84 Trades to Stay Ahead of the Curve appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-12-01,18.8432,19.0436,18.5208,18.7533,
EXC,2016-12-02,19.0747,19.4743,19.0436,19.2419,"Mid-Morning Market Update: Markets Mixed; Big Lots Earnings Beat Estimates Following the market opening Friday, the Dow traded down 0.15 percent to 19,163.47 while the NASDAQ climbed 0.08 percent to 5,255.22. The S&P also rose, gaining 0.09 percent to 2,193.00. Leading and Lagging Sectors Friday morning, utilities shares gained by 1.07 percent. Meanwhile, top gainers in the sector included Exelon Corporation (NYSE: EXC ), and Huaneng Power International Inc (ADR) (NYSE: HNP ). In trading on Friday, energy shares fell by 0.39 percent. Meanwhile, top losers in the sector included SM Energy Co (NYSE: SM ), down 6 percent, and CGG SA (ADR) (NYSE: CGG ), down 5 percent. Top Headline Big Lots, Inc. (NYSE: BIG ) reported upbeat earnings for its third quarter and raised its profit outlook for the year. Big Lots posted quarterly earnings of $0.04 per share, on revenue of $1.105 billion. However, analysts were expecting a loss of $0.01 per share on revenue of $1.12 billion. The company raised its full-year EPS to $3.55-$3.60 from $3.45-$3.55. Equities Trading UP Envision Healthcare Holdings Inc (NYSE: EVHC ) shares shot up 196 percent to $66.90. Envision Healthcare and Amsurg Corp (NASDAQ: AMSG ) reported the completion of their merger. Shares of Ascena Retail Group Inc (NASDAQ: ASNA ) got a boost, shooting up 13 percent to $6.61 as the company reported downbeat earnings for its first quarter on Thursday. Neovasc Inc (US) (NASDAQ: NVCN ) shares were also up, gaining 70 percent to $0.871 following announcement of an agreement with Boston Scientific Corporation (NYSE: BSX ). Equities Trading DOWN Workday Inc (NYSE: WDAY ) shares dropped 17 percent to $67.98. Workday posted better-than-expected results for its third quarter on Thursday. Shares of Smith & Wesson Holding Corp (NASDAQ: SWHC ) were down 10 percent to $21.72. Smith & Wesson reported upbeat results for its second quarter, but issued a weak outlook for its third quarter. CEL-SCI Corporation (NYSE: CVM ) was down, falling around 35 percent to $0.116 after the company reported the pricing of $4.25 million public offering of common stock and warrants. Commodities In commodity news, oil traded up 0.06 percent to $51.09 while gold traded up 0.45 percent to $1,174.70. Silver traded up 0.45 percent Friday to $16.58, while copper fell 1.46 percent to $2.60. Eurozone European shares were lower today. The eurozone's STOXX 600 declined 0.72 percent, the Spanish Ibex Index fell 0.63 percent, while Italy's FTSE MIB Index declined 0.81 percent. Meanwhile the German DAX dropped 0.54 percent, and the French CAC 40 slipped 1.02 percent while U.K. shares fell 0.77 percent. Economics The U.S. economy added 178,000 new jobs in November, while unemployment rate declined to 4.6 percent from 4.9 percent. However, economists were expecting a gain of 175,000 nonfarm jobs. Federal Reserve Gov. Daniel Tarullo will speak in Washington, D.C. at 12:30 p.m. ET. The Baker Hughes North American rig count report for the latest week November is schedule for release at 1:00 p.m. ET. © 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Profit with More New & Research . Gain access to a streaming platform with all the information you need to invest better today. Click here to start your 14 Day Trial of Benzinga Professional The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-12-05,19.236,19.4616,19.0856,19.4246,
EXC,2016-12-06,19.5818,19.6101,19.2194,19.2672,
EXC,2016-12-07,19.3815,19.6228,19.3815,19.5447,
EXC,2016-12-08,19.3942,19.9366,19.2858,19.9366,
EXC,2016-12-09,19.9013,20.3967,19.9013,20.3459,"Bullish Two Hundred Day Moving Average Cross - EXC In trading on Friday, shares of Exelon Corp (Symbol: EXC) crossed above their 200 day moving average of $34.28, changing hands as high as $34.99 per share. Exelon Corp shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $25.09 per share, with $37.70 as the 52 week high point - that compares with a last trade of $34.94. EXC makes up 6.02% of the iShares Edge MSCI Multifactor Utilities ETF (Symbol: UTLF) Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-12-12,20.2062,20.4035,20.0176,20.1173,
EXC,2016-12-13,20.2062,20.6839,20.1778,20.6722,
EXC,2016-12-14,20.7523,21.1822,20.3635,20.4563,
EXC,2016-12-15,20.339,20.9536,20.2629,20.8285,
EXC,2016-12-16,20.8452,21.1969,20.7065,20.8237,"18 companies that will score big if Trump chops taxes Those with high deferred tax liabilities will be the real winners Those with high deferred tax liabilities will be the real winners, writes Michael Brush."
EXC,2016-12-19,20.9038,20.9409,20.5071,20.8403,"FirstEnergy Files for Approval of Stake Sale, Capacity Hike FirstEnergy Corp. 's FE affiliate, Mon Power has filed two requests for proposals (RFP) for increasing its generation capacity and the sale of its stake in a hydroelectric generating station. Increase in Generation Capacity New energy usage projections reveal rapid load growth owing to the expansion of the Marcellus shale gas industry in West Virginia. Meanwhile, Mon Power anticipates generation capacity to fall to 1,400 megawatts (""MW"") by 2027. As a result, the first RFP seeks for the approval of 1,300 MW of additional generation capacity and up to 100 MW of demand-response resources. Upon selection of the proposal, Mon Power will seek regulatory approval from the Public Service Commission of West Virginia and the Federal Energy Regulatory Commission. Sale of Ownership Interest The second RFP involves soliciting bids for the sale of Mon Power's ownership stake in the Bath County Pumped Storage Hydroelectric Generating Station, located in Warm Springs, VA. The company is considering the sale as recent changes in the Pennsylvania New Jersey Maryland capacity market are expected to lead to a decline in the cost efficiency of the facility. PJM Interconnection is a regional transmission organization that coordinates the movement of wholesale electricity in all or parts of 13 states and the District of Columbia in the U.S., so as to ensure long-term grid reliability by securing the appropriate amount of power supply resources needed to meet the anticipated energy demand in the future. On identifying a suitable buyer for its stake, Mon Power will seek the requisite regulatory approvals. Utility Industry Outlook The Federal Open Market Committee's announcement of raising the target federal funds rate by a quarter of a percentage point from the range of 0.25-0.5% to 0.5-0.75% does not bode well for utilities. This is because companies operating in this space are characterized by their need for huge investments in setting up generation facilities, and transmission and distribution infrastructure. While these companies have been benefiting from a low interest rate environment so far, a rate hike makes this sector far less appealing. This is because the resulting increase in cost of capital will push the cost of operations for these companies, severely hurting their profitability. Major utilities like Avista Corp. AVA , Ameren Corporation AEE and Exelon Corporation EXC may have to lower dividends and suspend share buybacks to cope with the new set of challenges. Price Movement FirstEnergy has underperformed the Zacks categorized Utility - Electric Power industry over the past 12 months. Shares of the company have gained 2.3%, compared with the industry's 7.6% improvement. This is because FirstEnergy, like most other unregulated utilities, has been grappling with its 13,162 MW competitive energy business over the last few quarters, despite consistent efforts to expand the regulated generation mix. We note that the competitive energy business exposes FirstEnergy to market volatilities. Even though natural gas prices are on the rise, wholesale power prices have not benefitted from the trend, thus adversely affecting competitive power players. Zacks Rank FirstEnergy carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . The Best Place to Start Your Stock Search Today, you are invited to download the full list of 220 Zacks Rank #1 ""Strong Buy"" stocks - absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 ""Strong Sells"" and other private research. See these stocks free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report AVISTA CORP (AVA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-12-20,20.7943,20.9156,20.6244,20.6722,
EXC,2016-12-21,20.7005,20.8237,20.4563,20.4856,"After Hours Most Active for Dec 21, 2016 : MU, BAC, OPK, INTC, AAPL, WLL, MPEL, NOK, MENT, EXC, TSM, JPM The NASDAQ 100 After Hours Indicator is up 1.99 to 4,950.9. The total After hours volume is currently 28,387,826 shares traded. The following are the most active stocks for the after hours session : Micron Technology, Inc. ( MU ) is +1.67 at $22.25, with 5,684,619 shares traded. Seeking Alpha Reports: Micron: Seeing Is Believing Bank of America Corporation ( BAC ) is -0.01 at $22.62, with 4,044,421 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2016. The consensus EPS forecast is $0.38. As reported by Zacks, the current mean recommendation for BAC is in the ""buy range"". Opko Health, Inc. ( OPK ) is unchanged at $11.75, with 1,914,776 shares traded. As reported in the last short interest update the days to cover for OPK is 24.325237; this calculation is based on the average trading volume of the stock. Intel Corporation ( INTC ) is +0.07 at $37.05, with 1,346,204 shares traded. As reported by Zacks, the current mean recommendation for INTC is in the ""buy range"". Apple Inc. ( AAPL ) is -0.03 at $117.03, with 1,259,164 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the ""buy range"". Whiting Petroleum Corporation ( WLL ) is +0.03 at $12.15, with 1,253,173 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2017. The consensus EPS forecast is $-0.27. WLL's current last sale is 93.46% of the target price of $13. Melco Crown Entertainment Limited ( MPEL ) is -0.417 at $15.15, with 1,208,641 shares traded. MPEL's current last sale is 89.14% of the target price of $17. Nokia Corporation ( NOK ) is -0.03 at $4.73, with 997,120 shares traded. NOK's current last sale is 82.26% of the target price of $5.75. Mentor Graphics Corporation ( MENT ) is unchanged at $36.68, with 952,981 shares traded. MENT's current last sale is 112.43% of the target price of $32.625. Exelon Corporation ( EXC ) is unchanged at $35.14, with 840,349 shares traded. As reported by Zacks, the current mean recommendation for EXC is in the ""buy range"". Taiwan Semiconductor Manufacturing Company Ltd. ( TSM ) is unchanged at $29.14, with 775,188 shares traded. TSM's current last sale is 94.9% of the target price of $30.705. J P Morgan Chase & Co ( JPM ) is unchanged at $86.75, with 611,984 shares traded. Over the last four weeks they have had 6 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2016. The consensus EPS forecast is $1.43. , following a 52-week high recorded in today's regular session. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-12-22,20.5784,20.8061,20.514,20.5853,"3 Ways General Electric and Exelon Are Cashing In on Digital If you want to find the global heavyweight in electricity, look no further than General Electric (NYSE: GE) . Nearly 1/3 of all the electricity generated in the world is generated using GE technology. But the company isn't content to stop there. GE has a plan to use its emerging digital industrial technology to increase its market share and build new revenue streams. These plans were on display at its recent Minds + Machines event, as GE highlighted its partnerships with another industry heavyweight, Fortune 100 utility Exelon (NYSE: EXC) . The two companies shared concrete examples of how they are using GE's digital capabilities to revolutionize the electricity industry, and saving lots of money in the process. The power of data GE's flagship digital software is its Predix platform. Predix is a cloud-based industrial operating system that can run apps for the operation, maintenance, and analysis of GE industrial machinery. GE is now manufacturing ""Predix-enabled"" machines, which are able to automatically collect and send data securely to the cloud for analysis. The amount of data on industrial equipment that can be generated is staggering. According to Steve Bolze, the President and CEO of GE Power, a single GE plant generates 2 terabytes of data per day. Only about 2% of that data is currently used, but it's being used to good effect. GE electricity customers who have signed up for Predix in the past year are seeing 3% higher efficiency and 5% higher reliability from their operations. More impressively, they are seeing a 25% reduction in operations and maintenance costs, as Predix identifies potential problems before they occur. Those kinds of numbers are sure to be attractive to potential customers, particularly heavily regulated utilities that may not have the flexibility to raise prices to offset operational inefficiencies that develop. Big client, bigger plans One of those customers is Exelon -- the single largest utility in the U.S., with more than 10 million customers. Exelon recently deployed the largest-ever single use of Predix. It's currently installed across all of the company's electrical generation platforms, which produce 32,000 megawatts of power. Exelon's President and CEO Chris Crane announced that as part of the deployment, GE was building a Predix-enabled gas plant in Wolf Hollow, Texas, which will be the most efficient in the world when it comes online. Obviously, this is good for GE, which now has a long-term partnership with a major client that extends beyond the sale and servicing of specific pieces of equipment. By signing Exelon up for Predix, the relationship extends to the operation and management of the client's entire network. Moreover, by demonstrating that it can successfully work with such a large client, GE is implicitly showing that it has the capacity to meet the needs of clients large and small. But GE and Exelon didn't just outline the big-picture benefits of their partnership at Minds + Machines. They also gave a very specific example of how Predix has been able to directly affect Exelon's bottom line. When the wind blows Exelon has 1,700 wind turbines across the country that produce 1,800 megawatts of power. One major problem with wind power, though, is that it's unreliable: if the wind isn't blowing, naturally the wind turbines aren't going to produce any power. And because energy can't yet be stored in mass quantities, if a wind turbine is producing more energy than expected, it's going to simply be lost. If it's under-producing, electricity needs to be diverted from other sources to make up the difference. GE's Predix can't make the wind blow when it wants to, but it is enabling Exelon to become more efficient by successfully predicting when and where the wind will blow. Using weather maps and a Predix application the companies co-developed, Exelon can now predict an hour in advance how much energy its wind farms will be able to produce. The Predix app sends that information to the energy markets in real time. The markets can then send a dispatch directly to the wind farm telling it exactly how much energy to produce, so that only usable capacity is generated. This saves Exelon money by reducing unnecessary energy loss and helping to ensure unexpected capacity is used, as well as making the entire energy system more efficient. Investor takeaway GE's management projects that 50% more electricity will be needed worldwide over the next 20 years as consumption increases and areas of the globe that currently have no electricity come online. Despite this, GE management predicts, this increase in generation will need to be coupled with a 50% reduction in carbon emissions. The only way to make that happen will be innovation and increased efficiency. And GE Power's Bolze thinks that utilizing digital data is one solution that will have a significant impact. Exelon has jumped in with both feet, and is embracing these new digital capabilities to good effect. By using Predix, the company is seeing increased efficiency and decreased maintenance costs, of which its wind prediction power is just one example. Embarking on this strategic partnership now should pay dividends for both companies over the long term. 10 stocks we like better than General Electric When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and General Electric wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of Nov. 7, 2016 John Bromels has no position in any stocks mentioned. The Motley Fool owns shares of General Electric. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-12-23,20.6351,20.6888,20.4563,20.5784,
EXC,2016-12-27,20.5443,20.7357,20.4768,20.6351,"[""3 Ways GE's Predix Is Revolutionizing Customers' Operations General Electric (NYSE: GE) has invested a lot of resources in becoming \""the digital industrial company.\"" Its flagship digital industrial project is Predix, a cloud-based industrial operating system that can analyze and manage data and operations of GE equipment, facilities, and systems. That sounds great, but what can Predix actually do? Here are three ways GE and its partners Microsoft (NASDAQ: MSFT) and Exelon (NYSE: EXC) are using Predix to improve their customers' bottom lines...and their own. Predix as crystal ball Industrial machinery is incredibly complex. Even a single steam turbine -- one of GE's major products -- has thousands of variables like heat, pressure, friction, temperature, and speed that all need to be programmed, monitored, and adjusted, often in real time while the machine is running. Small wonder, then, that such machines can generate an incredible number of data points. According to GE, a single plant can generate two terabytes of data in a single day. As a cloud-based system, Predix can collect and analyze that data to provide critical information about how a machine is operating. This is good, since it can reveal inefficiencies in the machine and detect problems as they occur. But Predix can go one step further and actually detect potential problems before they occur -- sometimes months in advance. Exelon, the largest utility in the U.S., is seeing this value first-hand. At GE's recent Minds + Machines conference in San Francisco, Exelon demonstrated how it used the Predix Asset Performance Management app to identify increased temperatures on a pair of bearings inside a machine, which led to diagnosis of a faulty cooling system valve elsewhere in the machine. Without Predix, the problem might not have been discovered until the bearings failed, or until the faulty valve caused other, more serious problems. This can add up to big savings for customers like Exelon. In fact, Ganesh Bell, GE Power's Chief Digital Officer, estimates that deploying this one APM app could save GE Power's customers $390 billion over 10 years. Predix as guru Predix has capabilities beyond simply identifying problems. It can even recommend solutions. To do this, Predix creates a \""digital twin\"" of a real-life machine. By comparing the actual data coming from the machine as it operates with the theoretical data being generated by the digital version, Predix can catch discrepancies between how the machine is actually operating and how it should be operating. It can also simulate how different potential solutions might affect the machine's future operations. For example, at Minds + Machines, GE's Vice President of Software Research Dr. Colin J. Parris demonstrated a situation in which a single D11 turbine rotor in southern California was experiencing a small amount of damage. Predix was able to identify the problem and diagnose that, if left uncorrected, the machine's useful lifespan would be cut by 69%. Predix also utilized the machine's historical data, data from other D11 turbines around the world, and nearly 60,000 digital simulations to propose the optimal solution, which involved digitally aligning ramp rates and thermal pressure, and it also had the side effect of burning less fuel and, of course, avoiding a $12 million equipment failure. Predix as army and commander So, Predix can optimize the lifespan and operations of individual machines. That's valuable, of course, but through GE's partnership with Microsoft, Predix can also revolutionize an industry. Microsoft's Corporate Vice President of Intelligent Cloud and Internet of Things Business Development Kevin Dallas demonstrated one way in which this is occurring at Minds + Machines. Microsoft and GE teamed up to use Predix to help an (unnamed) power transmission company client. The client has more than 50,000 miles of \""transmission assets,\"" including lines, towers, clamps, and transformers. Up until now, the company needed to maintain a crew of more than 2,000 people to inspect the lines, a costly process involving helicopters in remote areas. However, through a Predix app developed by Microsoft, the company is now able to use a fleet of drones to travel autonomously along the lines, photographing each asset from multiple angles along the way. The app then analyzes the photos and other transmission data to identify problems such as a missing bolt pin. When a problem is identified, the system flags it so a live operator can check for a false positive. If the problem is confirmed, the system automatically creates a work order and sends it to a repair crew. This sounds revolutionary, and it is. But the most amazing part is that the app took just six weeks for Microsoft to develop. Yes, you read that right: just six weeks to create an entire autonomous system that can save a company millions of dollars a year. Microsoft -- which used to be an \""as-is\"" software provider -- has now found an additional revenue stream by working with its clients to create these tailored apps. Investor takeaway Predix's capabilities are impressive, there's no doubt about it. Better yet, they create value for GE clients like Exelon. Given the amount of cost savings Predix can offer, it's clear there is a big market opportunity here waiting to be tapped by GE and its partner, Microsoft. GE predicts that in just three years, the industrial internet will be nearly 50 times larger than the consumer internet. Of course, a big untapped market usually means competitors will emerge, and both GE and Microsoft have competition aplenty in their respective fields. And certainly, there are many Internet of Things software platforms in various stages of development. But with its unique ability to manufacture huge industrial machinery with a software component, and its proven real-world applications of that technology, GE looks to have a clear lead among its peers in this lucrative space. 10 stocks we like better than General Electric When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now...and General Electric wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of Nov. 7, 2016. John Bromels owns shares of Microsoft. The Motley Fool owns shares of General Electric. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Utilities Select Sector SPDR Fund Experiences Big Inflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $279.6 million dollar inflow -- that's a 4.2% increase week over week in outstanding units (from 136,274,160 to 142,024,160). Among the largest underlying components of XLU, in trading today Exelon Corp (Symbol: EXC) is off about 0.3%, PG&E Corp. (Symbol: PCG) is off about 0.4%, and PPL Corp (Symbol: PPL) is lower by about 0.4%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $42.45 per share, with $53.02 as the 52 week high point - that compares with a last trade of $48.52. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-12-28,20.6722,20.7065,20.4739,20.5198,"Top Research Reports for December 28, 2016 Wednesday, December 28, 2016 Today's Research Daily features new research reports on 16 major stocks, including Celgene (CELG), 21st Century Fox (FOXA) and Prudential (PRU). Shares of Celgene has lost 0.7% year to date, outperforming the Zacks Medical - Biomedical and Genetics sector which has lost 25.2% over the same period. Celgene and other drug makers' shares have remained under pressure given ongoing questions about pricing issues and other regulatory uncertainties. These issues notwithstanding, Celgene's multiple myeloma drug Revlimid continues to grow on the back of market share gains and increased duration. The analyst likes Celgene's ongoing label expansion efforts and pipeline development. The company anticipates several pipeline-related events over the upcoming quarters and next few years. Celgene's raised and updated its expectations for both 2016 and 2017, are also encouraging. (You can read the full research report on Celgene here. ) Buy rated 21st Century Fox shares have increased 4.5% year to date, widely outperforming the Zacks Film and Television Production and Distribution sector, which has lost 1.5% over the same period. The analyst likes the company's Cable Network Programming, which has been its driving force, backed by rising affiliate fees. Earlier, the company said that the pace of affiliate fees will accelerate in the back half of the fiscal year as 15-20% of the company's domestic subscribers will be up for annual renewal in couple of years. Moreover, increase in content revenues at the Filmed Entertainment segment is also boosting the company's overall performance. (You can read the full research report on 21st Century Fox here. ) Buy rated Prudential shares have gained 30.5% year to date, widely outperforming the Zacks Insurance - Multi line sector, which has gained 12.7% over the same period. The analyst likes its high performing asset management business, widespread international operations and deeper reach in the pension risk transfer market. It has been growing its pension risk transfer business and has more than $75 billion in pension account values. Expanded international presence, mainly in Japan, Korea and China, provides it with better organic growth opportunities than peers. A strong balance sheet and efficient capital management are other tailwinds. (You can read the full research report on Prudential here. ) Other noteworthy reports we are featuring today include Royal Dutch Shell (RDS.A), Amazon (AMZN) and Exelon (EXC). Free Access: All Zacks Research Reports Starting today, you are invited to download in-depth analysis reports covering more than 1,000 of the most widely followed stocks. Valued at $25 each, they are yours to consult over the next 30 days absolutely free. They feature sensitive Zacks Rank information on each stock that you won't find anywhere else. See the reports free >> Mark Vickery Senior Editor Note: If you want an email notification each time Zacks Director of Research Sheraz Mian publishes a new article, pleaseclick here>>> Today's Must Read Strong Product Portfolio, Pipeline to Boost Celgene (CELG) 21st Century Fox's (FOXA) Robust Affiliate fees Driving Growth Prudential (PRU) To Grow on Expanded Pension Risk Transfer Featured Reports Exelon (EXC) Poised for Growth, Gains from Investments The Zacks analyst believes Exelon's consistent investments to strengthen its infrastructure along with its decision to shut down loss making nuclear plants will drive performance. New Products to Fuel Growth at Alexion (ALXN), Risks Persist The covering analyst feels new products like Strensiq should aid growth at Alexion. American Tower (AMT) Looking to Boost Growth; Risks Remain The Zacks analyst believes that inspite of outperforming the Zacks classified 'Reit- Eqty Trust Other' industry on a year-to-date basis, American Tower faces multiple headwinds. Restructuring Plans & End Markets Raise Hopes for ABB Ltd. (ABB) ABB continues to benefit from power infrastructure investments and strategic restructuring plans. Thriving end markets, namely utilities, industry, and transport & infrastructure add to its strength. Allstate (ALL) Takes Growth Initiatives, Cat Loss a Drag The covering analyst believes that AllState's profit improvement plan, strong foothold in the personal lines business, solid capitalization will support growth, though catastrophe loss remains a drag. UBS Group (UBS) Poised for Growth, Legal Cost woes Linger The Zacks analyst remains optimistic about UBS Group's efficiency and cost discipline efforts. Hershey's (HSY) Banks on Cost Saving Initiatives, Runs Risks The covering analyst thinks Hershey's focus on productivity improvement and cost savings will help combat weak category trends and increased competition. New Upgrades BG Acquisition Boosts Royal Dutch Shell's (RDS.A) Outlook As per the Zacks analyst, the most important takeaway for Shell this year was the remarkable speed of its BG integration that contributed significantly to production volumes. Target's (TGT) Strategic Efforts Bode Well for the Long Run The covering analyst thinks initiatives such as the development of omni-channel capacities, diversification and localization of assortments, along with an emphasis on smaller format stores bode well. Sherwin-Williams (SHW) Upgraded on Growth Initiatives The Zacks analyst believes the company's focus on acquisitions and cost control will further boost its performance in the future. New Downgrades Enbridge Energy (EEP) Shows Significant Price Weaknesses The Zacks analyst remains concerned as Enbridge Energy Partners has underperformed the Zacks categorized Oil/Gas Production Pipeline MLP industry year to date. Amazon (AMZN) Continues to Face Mounting Operating Expenses The covering analyst thinks Amazon's investments in fulfillment centers, TV shows and movies, trucks and planes and India expansion weigh on its high margin Amazon Web Services (AWS) business. Altria (MO) Sees Declining Volumes, Loses Share in Vapor The Zacks analyst is concerned about Altria's declining volumes, high federal & state excise taxes, exposure to strict anti-smoking rules. The company is losing market share in the smokeless category. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ROYAL DTCH SH-A (RDS.A): Free Stock Analysis Report PRUDENTIAL FINL (PRU): Free Stock Analysis Report TWENTY-FST CF-A (FOXA): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report CELGENE CORP (CELG): Free Stock Analysis Report AMAZON.COM INC (AMZN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2016-12-29,20.5961,20.9156,20.5657,20.8237,"[""Exelon Arm Delivers 1,200 Projects in Q3, Boosts Infrastructure Exelon CorporationEXC announced that its electric and natural gas utility subsidiary, PECO Energy Company (PECO), has completed nearly 1,200 projects in the third quarter of 2016. These project completions will enable PECO to improve the quality of services offered to natural gas and electric customers. Specifically, PECO has closed around 1,000 natural gas projects and more than 200 electric projects to strengthen the existing infrastructure. Note that PECO invests nearly $500 million annually to upgrade existing infrastructure through equipment upgrades and preventive maintenance to ensure high-quality services for its base of 1.6 million electric and more than 511,000 natural gas customers in southeastern Pennsylvania. Investment Plans In addition to its usual capital expenditure budget, PECO aims to invest another $275 million during the next five years under the PECO System 2020 Plan. This plan aims to install advanced equipment and strengthen the local electric system, making it more weather and storm resistant. Exelon's Capital Plans Exelon is on track with its systematic capital investment plan, through which it aims to offer high-quality services to its 10 million customers across the nation. Exelon plans to invest nearly $25.3 billion over the 2016-2020 time period, including $24.5 billion allocated for the Electric Transmission, Electric Distribution and Gas Delivery systems. Such systematic investments in regulated assets will drive earnings growth of 7% to 9% and rate base growth of 6.1% during this timeframe. Exelon also acknowledges the importance of zero-carbon electricity generation and is actively working on lowering emission from its generation fleet. To this end, the company has continued operations of its nuclear plants as they ensure cost-effective, non-polluting energy solutions. Price Movement Over the last one year, Exelon has outperformed the Zacks categorized Utility-Electric Power industry. During this period, the company's shares have gained 25.9%, compared with the industry's return of 4.8%. Contribution from the Pepco Holdings acquisition and Exelon's consistent investments to strengthen its infrastructure, along with its decision to shut down the loss-making nuclear plants will drive the company's performance. Zacks Rank & Other Key Picks Exelon currently has a Zacks Rank #2 (Buy). Other favorably placed stocks in the same space include Ameren Corporation AEE , SCANA Corporation SCG and DTE Energy Co. DTE . Ameren sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . Its earnings surpassed the Zacks Consensus Estimate by 10.1% in the last reported quarter. For 2016, estimates improved 6.3% to $2.70 in the last 60 days. SCANA Corporation, another Zacks Rank #1 stock, surpassed the Zacks Consensus Estimate by 25.7% in the last reported quarter. Its 2016 estimates improved 1.2% to $4.15 in the last 60 days. DTE Energy carries a Zacks Rank #2. The company's earnings surpassed the Zacks Consensus Estimate by 27.3% in the last reported quarter. Its 2016 estimates improved by a penny to $5.27 in the last 60 days. Zacks' Top Investment Ideas for Long-Term Profit How would you like to see our best recommendations to help you find today's most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMEREN CORP (AEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SCANA CORP (SCG): Free Stock Analysis Report DTE ENERGY CO (DTE): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Zacks Analyst Blog Highlights: Celgene, 21st Century Fox, Prudential, Amazon and Exelon For Immediate Release Chicago, IL - December 29, 2016 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Celgene (NASDAQ: CELG - Free Report ), 21st Century Fox (NASDAQ: FOXA - Free Report ), Prudential (NYSE: PRU - Free Report ), Amazon (NASDAQ: AMZN - Free Report ) and Exelon (NYSE: EXC - Free Report ). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are highlights from Wednesday's Analyst Blog: Top Research Reports for Thursday: CELG, PRU, FOXA Today's Research Daily features new research reports on 16 major stocks, including Celgene (NASDAQ: CELG - Free Report ), 21st Century Fox (NASDAQ: FOXA - Free Report ) and Prudential (NYSE: PRU - Free Report ). Shares of Celgene has lost 0.7% year to date, outperforming the Zacks Medical - Biomedical and Genetics sector which has lost 25.2% over the same period. Celgene and other drug makers' shares have remained under pressure given ongoing questions about pricing issues and other regulatory uncertainties. These issues notwithstanding, Celgene's multiple myeloma drug Revlimid continues to grow on the back of market share gains and increased duration. The analyst likes Celgene's ongoing label expansion efforts and pipeline development. The company anticipates several pipeline-related events over the upcoming quarters and next few years. Celgene's raised and updated its expectations for both 2016 and 2017, are also encouraging. (You can read the full research report on Celgene here. ) Buy rated 21st Century Fox shares have increased 4.5% year to date, widely outperforming the Zacks Film and Television Production and Distribution sector, which has lost 1.5% over the same period. The analyst likes the company's Cable Network Programming, which has been its driving force, backed by rising affiliate fees. Earlier, the company said that the pace of affiliate fees will accelerate in the back half of the fiscal year as 15-20% of the company's domestic subscribers will be up for annual renewal in couple of years. Moreover, increase in content revenues at the Filmed Entertainment segment is also boosting the company's overall performance. (You can read the full research report on 21st Century Fox here. ) Buy rated Prudential shares have gained 30.5% year to date, widely outperforming the Zacks Insurance - Multi line sector, which has gained 12.7% over the same period. The analyst likes its high performing asset management business, widespread international operations and deeper reach in the pension risk transfer market. It has been growing its pension risk transfer business and has more than $75 billion in pension account values. Expanded international presence, mainly in Japan, Korea and China, provides it with better organic growth opportunities than peers. A strong balance sheet and efficient capital management are other tailwinds. (You can read the full research report on Prudential here. ) Other noteworthy reports we are featuring today include Amazon (NASDAQ: AMZN - Free Report ) and Exelon (NYSE: EXC - Free Report ). Free Access: All Zacks Research Reports Starting today, you are invited to download in-depth analysis reports covering more than 1,000 of the most widely followed stocks. Valued at $25 each, they are yours to consult over the next 30 days absolutely free. They feature sensitive Zacks Rank information on each stock that you won't find anywhere else. See the reports free >> Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free . About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 \""Strong Buys\"" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>. Get the full Report on CELG - FREE Get the full Report on FOXA - FREE Get the full Report on PRU - FREE Get the full Report on AMZN - FREE Get the full Report on EXC - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com/ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CELGENE CORP (CELG): Free Stock Analysis Report TWENTY-FST CF-A (FOXA): Free Stock Analysis Report PRUDENTIAL FINL (PRU): Free Stock Analysis Report AMAZON.COM INC (AMZN): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top Ranked Value Stocks to Buy for December 29th Here are four stocks with buy rank and strong value characteristics for investors to consider today, December 29 th : Guaranty Federal Bancshares, Inc. (GFED): This bank holding company for Guaranty Bank has a Zacks Rank #2 (Buy) and seen the Zacks Consensus Estimate for its current year earnings increasing 0.8% over the last 30 days. GUARANTY FED BS Price and Consensus GUARANTY FED BS Price and Consensus | GUARANTY FED BS Quote Guaranty Federal Bancshares has a price-to-earnings ratio (P/E) of 14.53, compared with 20.81 for the industry. The company possess a Value Score of B. EXELON CORP Price and Consensus | EXELON CORP Quote Exelon has a P/E ratio of 13.15, compared with 18.18 for the industry. The company possess a Value Score of A. HITACHI Price and Consensus | HITACHI Quote Hitachi has a P/E ratio of 13.53, compared with 17.54 for the industry. The company possess a Value Score of A. FOOT LOCKER INC Price and Consensus | FOOT LOCKER INC Quote Foot Locker has a P/E ratio of 14.94, compared with 15.98 for the industry. The company possess a Value Score of A. See the full list of top ranked stocks here Learn more about the Value score and how it is calculated here Want to see all of today's Zacks Strong Buys? You are welcome to download the full, up-to-the-minute list of 220 Zacks Rank #1 stocks free of charge. There is no better place to start your own stock search. Plus you can also access the full list of must-avoid Zacks Strong Sells and other private research. See the stocks free >>. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HITACHI (HTHIY): Free Stock Analysis Report GUARANTY FED BS (GFED): Free Stock Analysis Report FOOT LOCKER INC (FL): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2016-12-30,20.8403,20.8764,20.6185,20.6888,"[""Stock Market News for December 30, 2016 U.S. stock markets ended in the red for the second consecutive sessions on Thursday as investors opted for profit booking. Meanwhile, decline in financial stocks weighed on benchmarks. Separately, positive impact of encouraging jobless claims data were offset by a decline in oil prices following rise in crude inventories, which in turn had a negative impact on energy sector. However, gains in utilities sector limited some of the yesterday's losses. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article. The Dow Jones Industrial Average (DJI) declined nearly 0.1%, to close at 19,819.78. The S&P 500 decreased a meager 0.03% to close at 2,249.26. The tech-laden Nasdaq Composite Index closed at 5,432.09, losing 0.1%. The fear-gauge CBOE Volatility Index (VIX) increased 1.7% to settle at 13.37. A total of around 2.33 billion shares were traded on NYSE on Thursday. Advancers outpaced declining stocks on the NYSE. For 57% stocks that advanced, 39% declined. Reasons Behind Thursday's Decline Profit booking by investors led financials stocks, which emerged as one of the biggest winners in recent time frame, to end in the negative territory, which in turn had a negative impact on the broader markets. The Financial Select Sector SPDR (XLF) lost 0.7% and was the biggest loser among the S&P 500 sectors. Key stocks from the sector including Bank of America Corporation ( BAC ), Citigroup Inc. ( C ) and The Goldman Sachs Group, Inc. ( GS ) declined 1.5%, 1.1% and 1%, respectively. While Goldman Sachs holds a Zacks Rank #1 (Strong Buy), Bank of America and Citigroup possess a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Moreover, the U.S. Energy Information Administration (EIA) reported that U.S. commercial crude oil inventories rose 0.6 million barrels for the week ending Dec 23 to 486.1 million barrels. This led prices of WTI crude and Brent crude to decline by 0.5% and 0.1% to $53.77 a barrel and $56.14 per barrel, respectively. This in turn had a negative impact on energy sector. The Energy Select Sector SPDR (XLE) declined 0.2% and emerges as the second biggest decliner among the S&P 500 sectors. However, the U.S. Department of Labor reported that jobless claims during the week ending Dec 24 decreased by 10,000 to 265,000. It also reported that the 4-week moving average dropped by 750 to 263,000 during the week. The initial claims number was however above the consensus estimate of 264,000. Separately, strong gains in safe haven sectors such as utilities restricted the losses to some extent. The Utilities Select Sector SPDR (XLU) gained nearly 1.4% and was the biggest gainer among the S&P 500 sectors. Key stocks from the sector including PG&E Corporation ( PCG ), Exelon Corporation ( EXC ) and Duke Energy Corporation ( DUK ) rose 1.7%, 1.5% and 1.3%, respectively. Stocks That Made Headlines Alibaba (BABA) to Expand to India with Office in Mumbai Reportedly, Chinese e-commerce giant Alibaba Group Holding Limited ( BABA ) is expanding its presence in India. ( Read More ) Mylan (MYL) Announces Multiple Generic Launches in the U.S. The final month of 2016 saw several important initiatives being undertaken by generic drug maker, Mylan N.V. ( MYL ). The company announced quite a few generic launches in the U.S. in December. ( Read More ) IBM & Rice University Partner to Build a Robot for the Elderly International Business Machines Corporation ( IBM ) is reportedly collaborating with Rice University on sensors that it plans to put inside robots to enhance security for the elderly who live alone. ( Read More ) Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017? Who wouldn't? As of early December, the 2016 Top 10 produced 5 double-digit winners including oil and natural gas giant Pioneer Natural Resources which racked up a stellar +50% gain. The new list is painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. Be among the very first to see it>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BANK OF AMER CP (BAC): Free Stock Analysis Report CITIGROUP INC (C): Free Stock Analysis Report GOLDMAN SACHS (GS): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report ALIBABA GROUP (BABA): Free Stock Analysis Report MYLAN NV (MYL): Free Stock Analysis Report INTL BUS MACH (IBM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""3 Reasons Value Stock Investors Will Love Exelon: (EXC) Many investors like to look for value in stocks, but this can be very tough to define. There is great debate regarding which metrics are the best to focus on in this regard, and which are not really quality indicators of future performance. Fortunately, with our new style score system we have identified the key statistics to pay close attention to and thus which stocks might be the best for value investors in the near term. This method discovered several great candidates for value-oriented investors, but today let's focus on Exelon CorporationEXC as this stock is looking especially impressive right now. And while there are numerous reasons why this is the case, we have highlighted three of the most vital reasons for EXC's status as a solid value stock below: Price to Forward Sales for Exelon One of the most underrated ratios for value investors is the price/forward sales metric. This ratio shows investors how much they are paying for each dollar of revenues generated. In other words, a lower number is better here while a price to sales ratio of 1 means that you are paying one dollar for each dollar in sales. With a P/S ratio of 1.08, EXC investors are paying $1.08 in stock price for each dollar of revenue generated by the company. Compare this to the industry average of 1.94, and it is safe to say that EXC is undervalued compared to many of its peers on this important metric. EXELON CORP PE Ratio (TTM) EXELON CORP PE Ratio (TTM) | EXELON CORP Quote Price/Cash Flow for Exelon Stock An often overlooked ratio that can still be a great indicator of value is the price/cash flow metric. This reading is preferred by some since it avoids amortization and depreciation concerns and can give a more accurate picture of the financial health in a business. The P/CF ratio for EXC comes in at 3.58, and since investors are generally looking for a reading under 20 here, this is pretty good news. Meanwhile, we should also point out that the industry average for this metric is 6.62, so Exelon has its peers beat in this regard too. EXC Earnings Estimate Revisions Moving in the Right Direction The solid value ratios outlined in the preceding paragraphs might be enough for some investors, but we should also note that the earnings estimate revisions have been trending in a positive direction as well. Analysts who follow EXC stock have been raising their estimates for the company lately, meaning that the EPS picture is looking a bit more favorably for Exelon now. Over the past 30 days, 1 earnings estimates have gone higher compared to none lower for the full year, while we are also seeing that 5 estimate has move upwards with 1 downward revision for the next year time frame too. These revisions have helped to boost the consensus estimate as 30 days ago EXC was expected to post earnings of $2.67 per share for the full year though today it looks to have EPS of $2.68 for the full year. Bottom Line For the reasons detailed above, investors shouldn't be surprised to read that we have EXC as a stock with a Value Score of 'A' and a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . So if you are a value investor, definitely keep EXC on your short list as this looks to be a stock that is very well-positioned for gains in the near term. Zacks' Top Investment Ideas for Long-Term Profit How would you like to see our best recommendations to help you find today's most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-01-03,20.7943,20.8061,20.3527,20.514,"Everything Investors Need To Know About The Nuclear Energy Industry Electricity is one of the most taken-for-granted resources on the planet. Think about it. Do you really know where your electric power comes from? Just pay the monthly bill, flick a switch, and the lights come on, right? Well, not quite. In fact, the electricity industry is one of the most intricate and important businesses in the world. Power plants have become an everyday sight for billions of people, millions of others are involved in the production and delivery of the resource, and this type of energy not only lights the planet, but also has serious implications for the environment. The Silent Source of Clean Power Over the past decade or so, public attention to global climate change and greenhouse gases has drastically increased, which has ushered in a new age of renewable electricity captured from natural sources like wind, solar, and water. However, President-elect Donald Trump's deregulation promises have helped bring coal back to the forefront of the electricity business. Wherever you fall in the debate between coal and renewables, one thing no one seems to be talking about is nuclear energy, even though we are using a ton of nuclear power. In fact, about one in five homes and businesses in the U.S. are powered by nuclear energy. Nuclear power is also a viable non-polluting energy option. Compared to ""renewables"" as a whole, the production and use of nuclear energy actually releases fewer greenhouse gases into the air. Indeed, nuclear power is currently responsible for about three-quarters of the country's clean-air energy. So why doesn't anyone seem to bring up nuclear energy when discussing environmentally friendly energy? How does nuclear power even work? How can investors get involved with nuclear power? Let's see if we can answer a few of these questions. How it Works If you are anything like me, you either forgot the day that we went over how nuclear power works in school, or our schools never covered it. I will admit, I was not always the best student, but something tells me this was just one of those things they glossed over in science class. Alas, do not worry, we will review. The vast majority of nuclear energy production taking place today is a result of nuclear fission, which is a process in which the atoms of elements are split into smaller pieces. This reaction generates nuclear energy that is typically used to heat up water. Really hot water creates steam, steam spins turbines that are hooked up to electrical generators, and boom-electricity. If this still is not making a ton of sense, check out this handy diagram from the U.S. Nuclear Regulatory Commission: Bad Reputation The biggest issue surrounding nuclear energy is the stigma surrounding its safety. Interestingly enough, it seems that, although people are not well versed on the production of nuclear power, basically everyone has heard of the major accidents in the industry. In a way, this makes sense. Besides ""power"" and ""energy,"" the other word that typically follows ""nuclear"" is ""weapon,"" and it is pretty clear that nuclear reactions have the potential to be extremely powerful. We also know that exposure to excess amounts of radiation can be extremely dangerous and is known to cause cancer and bodily defects. But what if I told you that nuclear energy is actually one of the safest sources of electricity? I'm not lying; it really is true. Just look at the International Nuclear Event Scale. This is a measurement of the severity of nuclear accidents-from 0 to 7-that seeks to inform people about possible damages and risks. Level 7 incidents are defined as ""major accidents"" that will require planned and executed countermeasures and will result in widespread health and environmental effects. To date, there have only been two Level 7 events: Chernobyl in 1986 and Fukushima in 2011. Nevertheless, the cleanup efforts from these incidents can be lengthy and costly. Also, the storage and disposal of nuclear waste remains expensive and complicated. The waste issue is actually the biggest problem in this admittedly imperfect industry. Stocks to Watch Of course, we are all investors here, and we need some stocks to keep our eyes on. If you are interested in the nuclear energy industry, first check out the VanEck Vectors Uranium & Nuclear Energy ETF NLR . This ETF seeks to track an index that follows the performance of companies around the world that generate a large portion of their revenue from either uranium mining or nuclear energy generation. Some of the biggest components of this index are Dominion Resources D , Duke Energy DUK , Pacific Gas and Electric Company PCG , Exelon EXC , and Public Service Enterprise Group PEG . For more U.S.-based uranium mining companies, check out Ur-Energy URG , Uranium Energy Corp. UEC , and Uranium Resources URRE . Other nuclear power generation companies include General Electric's GE GE Hitachi Nuclear Energy subsidiary, SCANA Corporation SCG , Toshiba's TOSYY Westinghouse Electric Company, and NRG Energy NRG . Bottom Line According to projections, the total amount of nuclear energy produced globally is expected to grow at an annual rate of 1.4% to 4.3% through 2030. That not only highlights the changing nature of the energy sector, but also proves that investors should be keeping an eye on this industry. Nuclear energy could very well be the best option for a clean-air future. Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017? Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXELON CORP (EXC): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report SCANA CORP (SCG): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report PUBLIC SV ENTRP (PEG): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report UR-ENERGY INC (URG): Free Stock Analysis Report URANIUM RES INC (URRE): Free Stock Analysis Report URANIUM ENERGY (UEC): Free Stock Analysis Report VANECK-URNM+NUC (NLR): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-01-04,20.6019,20.8579,20.554,20.6888,
EXC,2017-01-05,20.6938,20.7826,20.554,20.6938,
EXC,2017-01-06,20.6302,21.1099,20.5901,21.0337,"S&P 500 Analyst Moves: EXC The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Exelon Corp ( EXC ) is now the #102 analyst pick, moving up by 1 spot. This rank is formed by averaging the analyst opinions for each component from each broker, and then ranking the 500 components by those average opinion values. Looking at the stock price movement year to date, Exelon Corp ( EXC ) is showing a gain of 0.3%. VIDEO: S&P 500 Analyst Moves: EXC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-01-09,21.0387,21.0845,20.5492,20.5609,
EXC,2017-01-10,20.6478,20.6888,20.4094,20.4387,"Entergy to Close Nuclear Plants; Focus on Regulated Business Entergy CorporationETR announced its decision to shut down two operating units at the Indian Point Energy Center between 2020 and 2021. Even though these units are capable of provide pollution-free energy for a long period, the wind-down came as part of a settlement with New York State to drop legal challenges and support renewal of the operating licenses for Indian Point. Under the settlement, Entergy will continue to pursue license renewal unopposed by the state for the remaining years of the plants' operations. The company will also chalk out a plan to ease the economic impact of the shutdown on its employees and the community. Weak Wholesale Energy Prices The decision to shut down the nuclear unit, which had requisitioned an investment of nearly $1.3 billion by Entergy over the last 15 years, was primarily due to a drop in wholesale energy prices. Wholesale energy prices have declined significantly in the last decade due to abundance of cheap natural gas from the Marcellus Shale. Not only is energy produced by nuclear facilities much more expensive, but costs of operating nuclear units also increase exponentially due to licenses renewals. Entergy to Exit Wholesale Energy Business Per the agreement, Indian Point Units 2 and 3 will be shut down by Apr 30, 2020 and Apr 30, 2021, respectively. This will mark Entergy's exit from the merchant power business due to persistently low wholesale energy prices. The company's strategy to exit the wholesale energy business appears promising as regulated operations offer a secure rate of return. In addition, many U.S. nuclear operators, including Entergy, are grappling with challenges such as low natural gas and power prices in the competitive markets. Long-Term Plans Entergy stated its plans to invest $10.3 billion in the 2017-2019 time frame, including $4.36 billion for generation, $2.84 billion for distribution and $2.45 billion for transmission. The company expects grid upgrades, asset replacement, and industrial load growth to drive earnings. The company is concentrating on expanding its regulated business and lowering the footprint of Entergy Wholesale Commodities (EWC). The EWC business currently contributes around 8.2% to the company's top line, which is expected to shrink to 5% in 2018. Much like Entergy, PPL Corporation PPL has completed the spin-off of its competitive energy business, taking the final step to focus solely on its regulated utilities in the U.S. and the UK. Price Movement Entergy has underperformed the Zacks categorized Utility Electric- Power industry over the last 12 months. The company's current rate of return is 5.3%, compared with the industry's average of 7.1%. Entergy, to some extent, depends on the wholesale power market for its financial performance. Price fluctuations in wholesale power markets could be a growth deterrent until the company completely exits this space in 2021. Zacks Rank & Key Picks Entergy currently has a Zacks Rank #3 (Hold). A couple of better-ranked stocks in this space include Ameren Corporation AEE and Exelon Corporation EXC . Both the companies carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Ameren's 2017 estimates improved 0.4% to $2.77 from $2.76 over the last 60 days. Shares of the company gained 19.5% in the last 12 months, outperforming the broader industry. Exelon's 2017 estimates inched up 2.3% to $2.62 from $2.56 over the last 60 days. Its shares gained 25.7% in the last 12 months, outperforming the broader industry. Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017? Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Entergy Corporation (ETR): Free Stock Analysis Report PPL Corporation (PPL): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-01-11,20.5198,20.6722,20.4739,20.6302,"Top Ranked Income Stocks to Buy for January 11th Here are four stocks with buy rank and strong income characteristics for investors to consider today, January 11 th : ABB Ltd. (ABB): This power and automation technologies providing company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days. ABB Ltd Price and Consensus ABB Ltd Price and Consensus | ABB Ltd Quote The company has a dividend yield of 3.31%, compared with the industry average of 0.00%. Its five-year average dividend yield is 3.36%. ABB Ltd Dividend Yield (TTM) ABB Ltd Dividend Yield (TTM) | ABB Ltd Quote Ares Management, L.P. (ARES): This global alternative asset manager has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days. Ares Management L.P. Price and Consensus Ares Management L.P. Price and Consensus | Ares Management L.P. Quote The company has a dividend yield of 4.47%, compared with the industry average of 2.79%. Its five-year average dividend yield is 4.56%. Ares Management L.P. Dividend Yield (TTM) Ares Management L.P. Dividend Yield (TTM) | Ares Management L.P. Quote Conagra Brands, Inc. (CAG): This food packaging company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.6% over the last 60 days. ConAgra Foods Inc. Price and Consensus ConAgra Foods Inc. Price and Consensus | ConAgra Foods Inc. Quote The company has a dividend yield of 2.61%, compared with the industry average of 0.00%. Its five-year average dividend yield is 2.91%. ConAgra Foods Inc. Dividend Yield (TTM) ConAgra Foods Inc. Dividend Yield (TTM) | ConAgra Foods Inc. Quote Exelon Corporation (EXC): This utility holding company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.1% over the last 60 days. Exelon Corporation Price and Consensus Exelon Corporation Price and Consensus | Exelon Corporation Quote The company has a dividend yield of 3.63%, compared with the industry average of 3.22%. Its five-year average dividend yield is 4.38%. Exelon Corporation Dividend Yield (TTM) Exelon Corporation Dividend Yield (TTM) | Exelon Corporation Quote See the full list of top ranked stocks here . Find more top income stocks with some of our great premium screens . Now See All Our Private Trades While today's Zacks Rank #1 new additions are being shared with the public, other trades are hidden from everyone but selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum . . . from stocks under $10 to ETF and option moves . . . from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for all Zacks trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report ConAgra Foods Inc. (CAG): Free Stock Analysis Report Ares Management L.P. (ARES): Free Stock Analysis Report ABB Ltd (ABB): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-01-12,20.6478,20.6888,20.5325,20.6605,"PG&E Corp Outlines Growth Strategy, Streamlining Efforts PG&E CorporationPCG announced that, along with its subsidiary Pacific Gas and Electric Company, it will implement certain changes to streamline its existing operations. Its primary aim is to reduce the workforce, maintain affordability for customers and pursue systematic investments to strengthen infrastructure and operations. Growth Strategy One of the proven strategies for growth is to redirect funds for better returns. PG&E Corporation is on this path, with the company planning to reduce the number of officers by 15% and other employee count by 390. In addition, the company eliminated the roles of nearly 800 non-employee contractors and has decided not to fill 500 open, non-critical positions. A major portion of the cost savings will come from reductions in spending on materials and contracts, renegotiating terms with vendors, and reducing expenses for professional services and discretionary expenses. These decisions will allow the company to modernize its infrastructure and invest in the safety of its electric and gas systems, in turn ensuring reliable as well as affordable services for its customers. Capital Expenditure Plan PG&E Corporation revealed expectations of annual capital expenditure of $5.4-$6.4 billion over the 2017-2019 period. The total expenditure will distributed judiciously between the electric distribution and transmission projects, and natural gas systems. The company is also actively adding renewable assets in its generation portfolio and is one of the leading utilities in the U.S. in the integration of private rooftop solar arrays. Price Movement PG&E Corporation's stock gained about 16.4% in the last one year, outperforming the Zacks Categorized Utility-Electric Power industry's gain of 6.5%. The company possesses a solid portfolio of regulated utility assets that offer a stable earnings base and substantial long-term growth potential. Zacks Rank & Key Picks PG&E Corporation currently has a Zacks Rank #3 (Hold). A few better-ranked stocks in the same space include DTE Energy Co. DTE , Great Plains Energy Inc. GXP and Exelon Corporation EXC . DTE Energy sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .. The company's earnings surpassed the Zacks Consensus Estimate by 27.3% in the last reported quarter. Its 2016 estimates improved by a penny to $5.27 over the last 60 days. Great Plains Energy is another Zacks Rank #1 stock. The company's earnings surpassed the Zacks Consensus Estimate by 5.3% in the last reported quarter. Its 2016 estimates improved by a penny to $1.80 over the last 60 days. Exelon currently carries a Zacks Rank #2 (Buy). Its earnings surpassed the Zacks Consensus Estimate by 22.9% in the last reported quarter. Meanwhile, 2016 estimates improved by 3 cents to $2.68 over the last 60 days. Zacks' Best Private Investment Ideas In addition to the recommendations that are available to the public on our website, how would you like to follow all Zacks' private buys and sells in real time? Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Starting today, for the next month, you can have unrestricted access. Click here for Zacks' private trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Pacific Gas & Electric Co. (PCG): Free Stock Analysis Report DTE Energy Company (DTE): Free Stock Analysis Report Great Plains Energy Inc (GXP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-01-13,20.6302,20.7758,20.5413,20.6605,"[""Noteworthy ETF Inflows: XLU, DUK, EXC, AEP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $143.3 million dollar inflow -- that's a 2.2% increase week over week in outstanding units (from 136,774,160 to 139,724,160). Among the largest underlying components of XLU, in trading today Duke Energy Corp (Symbol: DUK) is off about 0.6%, Exelon Corp (Symbol: EXC) is down about 0.1%, and American Electric Power Company, Inc. (Symbol: AEP) is lower by about 0.5%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $42.45 per share, with $53.02 as the 52 week high point - that compares with a last trade of $48.44. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CenterPoint (CNP) Hits 52-Week High on Robust 2017 View Shares of CenterPoint Energy Inc.CNP scaled a new 52-week high of $25.47 on Jan 12, before closing a little lower at $25.33. With a market cap of around $11.11 billion, the average volume of shares traded over the last three months is approximately 3.42 million. Price Movement Shares of CenterPoint Energy have gained 43.7% in the last 12 months, outperforming the Zacks categorized Utility - Electric Power industry's gain of 6.1%. The company has also outperformed the 19.6% gain of the S&P 500 group over the same period. Ongoing improvement in the economic conditions of CenterPoint Energy's territories is helping the company expand its customer base, which in turn is translating into higher demand for its services. What's Driving CenterPoint Energy? CenterPoint Energy's shares have been on the rise ever since the company issued its bottom-line guidance for 2017. The company announced that it expects earnings in the range of $1.25 to $1.33 per share in 2017. The company also reaffirmed its 2016 earnings expectations in the range of $1.16 to $1.20 per share. In 2017, CenterPoint Energy's earnings are expected to benefit from higher contribution from the utilities and improved performance at Energy Services as a result of the company's acquisitions. The bottom line is anticipated to be supported by its investments in Utility operations and the Midstream business. CenterPoint Energy plans to invest $1.5 billion in 2017, 14% higher than its previous capital expenditure forecast for the year. We note that CenterPoint Energy is investing substantially to expand its operations to cope with the increasing utility demand. The company is currently focused on upgrading infrastructure and improving reliability. It has set a capital outlay of $6.2 billion from 2016 through 2020. The company is targeting annual EPS growth of 4-6% through 2018, including Midstream Investments. These initiatives will collectively enable CenterPoint Energy to provide reliable services, besides meeting increasing customer demand. Again, the company recently announced that it remains focused on maximizing shareholder wealth through the payment of steady and incremental dividends. The company's board of directors declared a 4% increase in its quarterly cash dividend rate. CenterPoint Energy will reward shareholders with a dividend of 26.75 cents per share, up from 25.75 cents paid earlier. On an annualized basis, its dividend rate will come to $1.07 per share. On Jan 3, CenterPoint Energy announced that its wholly owned subsidiary, CenterPoint Energy Services, Inc., has completed the acquisition of Atmos Energy Holdings, Inc.'s retail energy services business, Atmos Energy Marketing, LLC. The acquisition will allow CenterPoint Energy Services to gain access to new markets and customer segments more efficiently. Atmos Energy Marketing's operational and geographic footprint will enable CenterPoint Energy Services to unlock growth opportunities, and maintain focus on improving customer service and creating a cost-effective organizational structure. Zacks Rank & Other Key Picks CenterPoint Energy currently has a Zacks Rank #2 (Buy). Other favorably placed stocks in the same space include Ameren Corp. AEE , Hawaiian Electric Industries, Inc. HE and Exelon Corp. EXC . All the companies carry the same Zacks Rank as CenterPoint Energy. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Ameren's 2017 estimates improved 0.4% to $2.77 from $2.76 over the last 60 days. Shares of the company gained 20.5% in the last 12 months, outperforming the broader industry. Hawaiian Electric's 2017 estimates inched up 0.6% to $1.80 from $1.79 over the last 60 days. Its shares gained 20.7% in the last 12 months, outperforming the broader industry. Exelon Corporation's 2017 estimates inched up 1.1% to $2.68 from $2.65 over the last 60 days. Its shares gained 28.7% in the last 12 months, outperforming the broader industry. The Best Place to Start Your Stock Search Today, you are invited to download the full list of 220 Zacks Rank #1 \""Strong Buy\"" stocks - absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 \""Strong Sells\"" and other private research. See these stocks free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report Hawaiian Electric Industries, Inc. (HE): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-01-17,20.7239,21.0161,20.7065,20.9156,"FirstEnergy (FE) Energizes $30M Transmission Project in Ohio FirstEnergy Corp.FE has energized a transmission project in Elyria, OH in a bid to capitalize on the rising commercial and industrial electricity demand in the region. Details of the Announcement The key feature of this $30 million project is a new 345/138-kilovolt substation which will increase the electric capacity available to Ohio Edison, in addition to providing FirstEnergy greater flexibility to operate the local transmission network. The new substation will significantly strengthen the electric grid in the region and ensure that it can support higher commercial and industrial load. The project included the construction of eight transmission lines supported by 36 new tower structures to connect existing power lines in the area to the new substation. Construction started in late 2015 and was completed safely, on time and within budget. The new facilities were energized ahead of the prior in-service deadline of Dec 2016. The project is part of FirstEnergy's ambitious ""Energizing the Future"" plan aimed at upgrading and expanding its regulated transmission capabilities. Under this initiative, the company is on track to invest $4.2-$5.8 billion over the 2017-2021 period. Price Movement FirstEnergy has underperformed the Zacks categorized Utility - Electric Power industry over the past 12 months. Shares of the company have lost 3.8%, compared with the industry's 7.9% improvement. This is because FirstEnergy, like most other unregulated utilities, has been grappling with its 13,162 MW competitive energy business over the last few quarters, despite consistent efforts to expand the regulated generation mix. We note that the competitive energy business exposes FirstEnergy to market volatilities. Even though natural gas prices are on the rise, wholesale power prices have not benefitted from the trend, thus adversely affecting competitive power players. Utility Industry Outlook Primarily, three factors - historically low interest rates, public policies that promote the use of cleaner sources of energy and innovative drilling technologies - have led many companies in the utility space to venture into new areas of growth. However, the Federal rate hike in Dec 2016, to some extent, dampened the enthusiasm for traditionally high-yielding utility stocks, as other income-oriented investments, such as bonds, became more attractive in comparison. The Fed's hawkish stance on interest rate hikes exposes utilities with high valuations and limited growth prospects to major risk. As per an Energy Information Administration report, annual U.S. electricity produced from natural gas (34%) surpassed coal-fired generation (30%) in 2016. However, natural gas prices have recently begun to rise, again encouraging electricity generation from coal-fired power plants - this indicates a trend that is likely to continue through 2017. As a result, the share of natural gas in the generation mix in 2017 is expected to fall to 32.3%, while coal rises to 32.5%. In addition, Donald Trump's unexpected victory offered a ray of hope to utilities as his campaign had publicly advocated his support for fossil fuels. His policies may call for the rollback of the Clean Power Plan and other decarbonization regulations, which have been hurting utilities for quite some time now. Zacks Rank & Key Picks FirstEnergy carries a Zacks Rank #3 (Hold). A few better-ranked placed stocks in the same space include Spark Energy, Inc. SPKE , DTE Energy Company DTE and Exelon Corporation EXC . Spark Energy's 2016 earnings estimates increased from $2.20 to $2.23 over the last 60 days. The company sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . DTE Energy's 2016 earnings estimates increased from $5.26 to $5.27 over the last 60 days. The company carries a Zacks Rank #1 as well. Exelon's 2016 earnings estimates increased from $2.66 to $2.68 over the last 60 days. The company carries a Zacks Rank #2 (Buy). Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017? Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report FirstEnergy Corporation (FE): Free Stock Analysis Report DTE Energy Company (DTE): Free Stock Analysis Report Spark Energy, Inc. (SPKE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-01-18,20.8715,20.979,20.7523,20.8168,
EXC,2017-01-19,20.7582,21.0161,20.6478,20.8354,
EXC,2017-01-20,20.8579,20.9214,20.7239,20.8715,"New Strong Buy Stocks for January 20th Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today: Exelon Corporation (EXC): This utility services holding company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.2% over the last 30 days. Exelon Corp. Price and Consensus Exelon Corp. Price and Consensus | Exelon Corp. Quote Constellation Brands, Inc. (STZ): This alcoholic beverage maker has seen the Zacks Consensus Estimate for its current year earnings rising 3% over the last 30 days. Constellation Brands Inc. Price and Consensus Constellation Brands Inc. Price and Consensus | Constellation Brands Inc. Quote Copa Holdings, S.A. (CPA): This Panama-based airlines company has witnessed the Zacks Consensus Estimate for its current year earnings improving 0.7% over the last 30 days. Copa Holdings SA Price and Consensus Copa Holdings SA Price and Consensus | Copa Holdings SA Quote Yelp Inc. (YELP): This online platform operator has seen the Zacks Consensus Estimate for its current year earnings gaining 0.5% over the last 30 days. Yelp Inc. Price and Consensus Yelp Inc. Price and Consensus | Yelp Inc. Quote Penske Automotive Group, Inc. (PAG): This transportation services company has witnessed the Zacks Consensus Estimate for its current year earnings climbing 0.2% over the last 30 days. Penske Automotive Group Inc. Price and Consensus Penske Automotive Group Inc. Price and Consensus | Penske Automotive Group Inc. Quote You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017? Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Yelp Inc. (YELP): Free Stock Analysis Report Constellation Brands Inc. (STZ): Free Stock Analysis Report Penske Automotive Group Inc. (PAG): Free Stock Analysis Report Exelon Corp. (EXC): Free Stock Analysis Report Copa Holdings SA (CPA): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-01-23,20.8979,20.9156,20.5443,20.5784,"XLU, DUK, EXC, AEP: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $65.7 million dollar outflow -- that's a 1.0% decrease week over week (from 139,774,160 to 138,424,160). Among the largest underlying components of XLU, in trading today Duke Energy Corp (Symbol: DUK) is up about 0.1%, Exelon Corp (Symbol: EXC) is off about 0.2%, and American Electric Power Company, Inc. (Symbol: AEP) is relatively unchanged. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $42.65 per share, with $53.02 as the 52 week high point - that compares with a last trade of $48.63. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-01-24,20.5609,20.6381,20.4631,20.4798,"[""American Electric Power (AEP) Q4 Earnings: Beat in Store? American Electric Power Co., Inc.AEP is set to release fourth-quarter 2016 results on Jan 26, before the market opens. In the preceding quarter, this utility company posted a positive earnings surprise of 7.44%. Moreover, American Electric outperformed the Zacks Consensus Estimate in two out of the trailing four quarters, the average positive surprise being 1.31%. Let's see how things are shaping up prior to this announcement. Why a Likely Positive Surprise? Our proven model shows that American Electric is likely to beat earnings because it has the right combination of two key ingredients. Zacks ESP: American Electric has an Earnings ESP of +5.66%. That is because the Most Accurate estimate is 56 cents, while the Zacks Consensus Estimate is pegged lower at 53 cents. This is a meaningful and leading indicator of a likely positive earnings surprise. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank: American Electric has a Zacks Rank #3 (Hold). Note that stocks with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 have a significantly higher chance of beating earnings estimates. Also, we caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions. The combination of American Electric's Zacks Rank #3 and +5.66% ESP makes us reasonably certain of an earnings beat. American Electric Power Company, Inc. Price and EPS Surprise American Electric Power Company, Inc. Price and EPS Surprise | American Electric Power Company, Inc. Quote What's Driving the Better-Than-Expected Earnings? American Electric has a stable base of approximately 5.4 million customers spread over 11 states, which offers a steady revenue stream and makes up for lower sales in any particular service area. The company's consistent focus on utility operations, transmission growth, expansion of customer sales channels, process optimization and disciplined capital deployment continue to drive results for its shareholders and customers. The company has been returning wealth to its shareholders via dividends since Jul 1910. In Oct 2016, the company raised its dividend by 5.4% on a quarterly basis to 59 cents per share. The dividend was raised from the prior payment of 56 cents. These investor-friendly moves will help the company to maintain its growth trajectory in the near as well as long term. Moreover, management had earlier said that it believes that success in the company's regulated business during the second half of 2016 will outweigh challenges presented by its generation and marketing segment. This in turn is expected to enable the company to comfortably achieve its earnings target announced during the third-quarterearnings callin the range of $3.75-$3.85 per share for 2016, which was raised from the earlier guidance band of $3.60- $3.80 per share. For the fourth quarter, the Zacks Consensus Estimate for earnings is pegged at 53 cents a share, reflecting an increase of 11.11% year over year, while the consensus for revenues is $2.83 billion, implying a 21.37% year-over-year decline. Price Movement American Electric has largely outperformed the Zacks categorized Utility-Electric Power industry. The company's current rate of return is 8.6%, compared to the industry average of 7.8% over the last twelve months. With focus on augmenting the bottom line, American Electric has directed capital expenditure toward regulated businesses. In doing so, the company increased its capital investment budget in core operations for the next three years. This has encouraged management to raise the long-term EPS growth rate in the range of 5-7% from the earlier projection in the band of 4-6%. Stocks to Consider Here are a few stocks in the Utility space worth considering on the basis of our model, which shows that they have the right combination to pull off a beat: Entergy Corporation ETR is scheduled to release fourth-quarter results on Feb 15. The company has an earnings ESP of +18.75% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here . Exelon Corporation EXC is expected to report earnings on Feb 8. It has an Earnings ESP of +4.65% and a Zacks Rank #2. Pinnacle West Capital Corporation PNW is slated to report earnings on Feb 24. It has an Earnings ESP of +4.08% and a Zacks Rank #2. Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017? Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Entergy Corporation (ETR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Can NextEra Energy (NEE) Spring a Surprise in Q4 Earnings? Diversified utility NextEra Energy Inc . NEE is scheduled to report fourth-quarter 2016 results on Jan 27, before the market opens. Last quarter, the company reported a positive earnings surprise of 5.45%. Let's see how things are shaping up for this quarter. Factors to Consider Slightly warmer weather conditions in the company's service territories are expected to affect the fourth quarter's top line owing to lower heating usage. NextEra Energy has nuclear generation assets, which involve heavy expenses in order to comply with government regulations. This tends to weigh on the company's profitability to a large extent. On the flip side, NextEra Energy completed the sale of its bandwidth infrastructure services FiberNet to Crown Castle International Corp. for $1.5 billion in the fourth quarter. This transaction is likely to prove accretive to NextEra Energy's earnings in the to-be-reported quarter. As part of the company's initiatives concerning clean energy, NextEra Energy's affiliate Florida Power & Light Company (\""FPL\"") secured approval from the Florida Public Service Commission last October to purchase a coal-fired facility, Indiantown Cogeneration L.P., for the purpose of shutting it down to reduce annual carbon dioxide emissions of 657,000 tons and cut rates for customers. Further, in Dec 2016, FPL connected three solar power plants to the grid, each with a capacity of 74.5 megawatts. Earnings Whispers Our proven model does not conclusively show that NextEra Energy will beat estimates this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. But that is not the case here, as you will see below. Zacks ESP: The Earnings ESP of the company is 0.00% as both the Most Accurate estimate and the Zacks Consensus Estimate are pegged at $1.29. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . NextEra Energy, Inc. Price and EPS Surprise NextEra Energy, Inc. Price and EPS Surprise | NextEra Energy, Inc. Quote Zacks Rank: Though NextEra Energy's Zacks Rank #2 increases the predictive power of ESP, the company's 0.00% ESP makes surprise prediction difficult. Note that we caution against stocks with a Zacks Ranks #4 or #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Price Movement Shares of NextEra Energy gained 11.6% over the past 12 months, outperforming the Zacks categorized Utility - Electric Power industry's gain of 7.8%. This outperformance can be attributed to NextEra Energy's strategy of divesting non-core assets to focus on core areas and deploying the divestment proceeds for acquisitions that are in sync with its long-term growth policy and will strengthen its balance sheet. Stocks to Consider Here are a few stocks in the utility space worth considering on the basis of our model, as they have the right combination of elements to post an earnings beat this quarter: Black Hills Corporation BKH is expected to report earnings on Feb 1. It is has an Earnings ESP of +7.07% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here . Exelon Corporation EXC has an Earnings ESP of +4.65% and a Zacks Rank #2. It is expected to release its quarterly numbers on Feb 8. Pinnacle West Capital Corporation PNW has an Earnings ESP of +4.08% and a Zacks Rank #2. It is slated to report earnings on Feb 24. Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017? Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Black Hills Corporation (BKH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-01-25,20.6019,20.6654,20.5071,20.6077,
EXC,2017-01-26,20.6351,20.7943,20.4896,20.5717,
EXC,2017-01-27,20.6605,20.7132,20.4143,20.4504,
EXC,2017-01-30,20.4856,20.4896,20.2882,20.425,"[""Dominion (D) Q4 Earnings: What's in Store for the Stock? Dominion Resources, Inc . D will release fourth-quarter 2016 financial results before the market opens on Feb 1. Last quarter, this electric utility reported a positive earnings surprise of 9.62%. Let's see how things are shaping up at the company prior to this announcement. Factors to Consider In the fourth quarter, Dominion expects partnership income from one of its largest solar projects, Four Brothers in Utah, to deduct 2 cents from the bottom line on account of a timing issue. Meanwhile, above-average temperatures in the company's service territories are likely to hit its top line. For the fourth quarter, management anticipates operating earnings in the range of 90 cents to $1.05 per share, up from 70 cents earned in the year-ago period.In the to-be-reported quarter, Dominion decided to drop down Questar Pipeline to Dominion Midstream Partners, following the closure of the Dominion-Questar Corporation merger. Dominion received $1.725 billion for the deal which was completed on Dec 1, 2016. The transaction will support Dominion's cash flows. Earnings Whispers Our proven model does not conclusively show that Dominion is likely to beat estimates this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) for this to happen. But that is not the case here, as you will see below. Zacks ESP: The Most Accurate estimate is pegged at 99 cents, while the Zacks Consensus Estimate is $1.00, resulting in an Earnings ESP of -1.00%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Dominion Resources, Inc. Price and EPS Surprise Dominion Resources, Inc. Price and EPS Surprise | Dominion Resources, Inc. Quote Zacks Rank: Though Dominion's Zacks Rank #3 increases the predictive power of ESP, its negative ESP makes surprise prediction difficult this quarter. Note that we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a few stocks in the utility space worth considering as our model shows that they have the right combination of elements to post an earnings beat this quarter: Black Hills Corporation BKH is slated to report earnings on Feb 1. It is has an Earnings ESP of +7.07% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here . Exelon Corporation EXC has an Earnings ESP of +2.27% and a Zacks Rank #2. It is expected to release its quarterly numbers on Feb 8. Pinnacle West Capital Corporation PNW has an Earnings ESP of +4.08% and a Zacks Rank #2. It is slated to report earnings on Feb 24. Zacks' Top Investment Ideas for Long-Term Profit How would you like to see our best recommendations to help you find today's most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Dominion Resources, Inc. (D): Free Stock Analysis Report Black Hills Corporation (BKH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""PPL Corp (PPL) Q4 Earnings: Will the Stock Pull a Surprise? Diversified utility PPL CorporationPPL is scheduled to report fourth-quarter results on Feb 1, before the market opens. Last quarter, the company's earnings recorded a positive earnings surprise of 6.78%. Let's see how things are shaping up for this quarter. Factors to Consider Above-average temperatures in PPL Corp.'s service territories in the U.S. are expected to hit its top line. PPL Corp. is sufficiently hedged for the next three years, which means that its top line is cushioned from the impact of an economic recession in the UK that might follow the Brexit episode. Further, the company is likely to experience strong earnings growth in the fourth quarter of 2016 driven by lower operations and maintenance expenses in the UK. Earnings Whispers Our proven model does not conclusively show that PPL Corp. will beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) for this to happen. But that is not the case here, as you will see below. Zacks ESP: The Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is 0.00%. This is because both the Most Accurate estimate and the Zacks Consensus Estimate are pegged at 52 cents. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . PPL Corporation Price and EPS Surprise PPL Corporation Price and EPS Surprise | PPL Corporation Quote Zacks Rank: Though PPL Corporation's Zacks Rank #3 increases the predictive power of ESP, its 0.00% ESP makes surprise prediction difficult. Note that we caution against stocks with a Zacks Ranks #4 or #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a few stocks in the utility space worth considering as our model shows that they have the right combination of elements to post an earnings beat this quarter: Black Hills Corporation BKH is slated to report earnings on Feb 1. It is has an Earnings ESP of +7.07% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here . Exelon Corporation EXC has an Earnings ESP of +2.27% and a Zacks Rank #2. It is expected to release its quarterly numbers on Feb 8. Pinnacle West Capital Corporation PNW has an Earnings ESP of +4.08% and a Zacks Rank #2. It is slated to report earnings on Feb 24. Zacks' Top Investment Ideas for Long-Term Profit How would you like to see our best recommendations to help you find today's most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Black Hills Corporation (BKH): Free Stock Analysis Report PPL Corporation (PPL): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""WEC Energy (WEC) Earnings: What Awaits the Stock in Q4? WEC Energy GroupWEC is slated to report fourth-quarter 2016 results before the market opens on Feb 1. In the last reported quarter, the company earnings comfortably surpassed the Zacks Consensus Estimate by 9 cents. Over the trailing four quarters, the company has delivered an average positive earnings surprise of 6.38%, successfully beating estimates on three occasions. Let's see how things are shaping up for this earnings season. Factors to Consider WEC Energy has an earnings sharing mechanism in place as part of the Integrys acquisition, which could impact its overall earnings potential. Since Wisconsin Electric and Wisconsin Gas constitute nearly 60% of WEC Energy's regulated utilities, 60% of the company's earnings are subject to the earnings sharing mechanism. WEC Energy's maintenance expenses are expected to increase in the fourth quarter on a year-over-year basis. This will adversely impact the margins of the company. However, WEC Energy is expected to gain from the improving economic conditions in its service territories, which is leading to an increase in its customer base. Earnings Whispers Our proven model does not conclusively show that WEC Energy is likely to beat earnings this quarter as it does not possess the key components. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) for this to happen. However, that is not the case here as you will see below: WEC Energy Group, Inc. Price and EPS Surprise WEC Energy Group, Inc. Price and EPS Surprise | WEC Energy Group, Inc. Quote Zacks ESP : The Earnings ESP, which represents the difference between the Most Accurate estimate of 60 cents and the Zacks Consensus Estimate of 62 cents, is -3.23%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank : Although WEC Energy's Zacks Rank #2 increases the predictive power of ESP, its negative ESP makes surprise prediction difficult this quarter. Note that we caution against stocks with a Zacks Rank #4 or #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing a negative estimate revisions momentum. Price Movement Shares of WEC Energy increased 3.78% over the past 12 months, outperforming the Zacks categorized Utility - Electric Power industry's gain of 0.97%. Stocks to Consider Here are some companies that you may want to consider instead, as our model shows that these have the right combination of elements to post an earnings beat this quarter: Exelon Corporation EXC is expected to release fourth-quarter 2016 results on Feb 8, before the market opens. The company has an Earnings ESP of +2.27% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here Pinnacle West Capital Corporation PNW has an Earnings ESP of +4.08% and a Zacks Rank #2. The company is expected to release fourth-quarter 2016 results on Feb 24, before the market opens. Black Hills Corporation BKH has an Earnings ESP of +7.07% and a Zacks Rank #2. The company is expected to release fourth-quarter 2016 results after the market closes on Feb 1. Zacks' Top Investment Ideas for Long-Term Profit How would you like to see our best recommendations to help you find today's most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WEC Energy Group, Inc. (WEC): Free Stock Analysis Report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Black Hills Corporation (BKH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-01-31,20.425,20.9156,20.3967,20.9156,"[""VPU, NEE, DUK, EXC: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Utilities ETF (Symbol: VPU) where we have detected an approximate $55.9 million dollar outflow -- that's a 2.5% decrease week over week (from 21,403,865 to 20,878,865). Among the largest underlying components of VPU, in trading today NextEra Energy Inc (Symbol: NEE) is up about 0.8%, Duke Energy Corp (Symbol: DUK) is up about 0.7%, and Exelon Corp (Symbol: EXC) is higher by about 0.4%. For a complete list of holdings, visit the VPU Holdings page \u00bb The chart below shows the one year price performance of VPU, versus its 200 day moving average: Looking at the chart above, VPU's low point in its 52 week range is $97.00 per share, with $115.81 as the 52 week high point - that compares with a last trade of $107.06. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Xcel Energy (XEL) Q4 Earnings: What's Ahead for the Stock? Xcel Energy Inc.XEL will release fourth-quarter 2016 financial results before the market opens on Feb 2. Last quarter, this electric and natural gas utility's earnings recorded a positive earnings surprise of 3.45%. Let's see how things are shaping up at the company prior to this announcement. Factors to Consider Above-average temperatures in its service territories in the fourth quarter are expected to hit Xcel Energy's top line. However, lower unemployment rates than the national average in the company's service territories indicate improving economic fundamentals in these states, which will in turn add to Xcel Energy's revenues. Earnings Whispers Our proven model does not conclusively show that Xcel Energy is likely to beat earnings estimates this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) for this to happen. Unfortunately, that is not the case here, as you will see below. Zacks ESP: The company has an Earnings ESP of 0.00% because both the Most Accurate estimate and the Zacks Consensus Estimate are pegged at 44 cents. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Xcel Energy Inc. Price and EPS Surprise Xcel Energy Inc. Price and EPS Surprise | Xcel Energy Inc. Quote Zacks Rank: Though Xcel Energy's Zacks Rank #2 increases the predictive power of ESP, its 0.00% ESP makes surprise prediction difficult. Note that we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a few stocks in the utility space worth considering as our model shows that they have the right combination of elements to post an earnings beat this quarter: Portland General Electric Company POR is slated to report earnings on Feb 17. It is has an Earnings ESP of +1.56% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here . Exelon Corporation EXC has an Earnings ESP of +2.27% and a Zacks Rank #2. It is expected to release its quarterly numbers on Feb 8. Pinnacle West Capital Corporation PNW has an Earnings ESP of +4.08% and a Zacks Rank #2. It is slated to report earnings on Feb 24. Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017? Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Xcel Energy Inc. (XEL): Free Stock Analysis Report Portland General Electric Company (POR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CMS Energy (CMS) Q4 Earnings: Stock to Pull a Surprise? CMS Energy Corp.CMS is scheduled to release fourth-quarter 2016 results before the opening bell on Feb 2. Last quarter, CMS Energy posted a positive earnings surprise of 16.67%. The company has outperformed the Zacks Consensus Estimate in three of the trailing four quarters, with the average positive surprise being 8.00%. Let's see how things are shaping up prior to this announcement. Factors at Play CMS Energy's latest initiative - the Consumers Energy Way - focuses on improving customer experience by offering prompt services at low costs. The company is also making infrastructural investments in the fields of reliability, cost improvement, environmental mandates and other areas. Currently, one of the company's key strategies is to concentrate on reducing operation and maintenance (O&M) costs, which in turn will fund its capital investments. In particular, management expects cost reduction of about $60 million or 3% year over year in 2016 and 2017. The company has maintained earnings growth projection in the 5-7% band for 2016, given normal weather conditions at the onset of the fourth quarter. The company expects to witness a year-over-year uptick of 13 cents in its earnings per share, assuming favorable weather conditions. Again, during the third-quarterearnings call CMS Energy raised the low end of its 2016 adjusted earnings per share guidance to the range of $2.00-$2.02 from the prior guidance of $1.99-$2.02. Weather will continue to play an important role in the company's to-be-reported quarter. CMS Energy's service territories have witnessed above-average temperatures during the fourth quarter, which should boost the demand for utility services and thus drive the top line. For the fourth quarter, the Zacks Consensus Estimate for earnings is 28 cents, reflecting a decline of 25%, on revenues of $1.61 billion, implying a 6.4% year-over-year improvement. CMS Energy Corporation Price and EPS Surprise CMS Energy Corporation Price and EPS Surprise | CMS Energy Corporation Quote Earnings Whispers Our proven model does not conclusively show that CMS Energy is likely to beat earnings in this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) for this to happen. But that is not the case here, as you will see below. Zacks ESP: CMS Energy has an Earnings ESP of 0.00%. This is because the Most Accurate estimate of 28 cents stands in line with the Zacks Consensus Estimate. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank: Though CMS Energy's Zacks Rank #3 increases the predictive power of ESP, we need a positive ESP to be confident about an earnings beat. Note that we caution against stocks with a Zacks Rank #4 or #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a few stocks in the utility space worth considering on the basis of our model which shows that they have the right combination to pull off an earnings beat: Entergy Corporation ETR is scheduled to release fourth-quarter results on Feb 15. The company has an earnings ESP of +15.38% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here . Pinnacle West Capital Corporation PNW is slated to report earnings on Feb 24. It has an Earnings ESP of +4.08% and a Zacks Rank #2. Exelon Corporation EXC is expected to report earnings on Feb 8. It has an Earnings ESP of +2.27% and a Zacks Rank #2. Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017? Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CMS Energy Corporation (CMS): Free Stock Analysis Report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Entergy Corporation (ETR): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-02-01,20.7886,20.8764,20.425,20.6654,"Eversource Energy (ES) Q4 Earnings: What's in the Cards? Eversource Energy ES is expected to report fourth-quarter 2016 results on Feb 2. Last quarter, the company reported a positive earnings surprise of 3.75%. Let's see how things are shaping up for this announcement. Factors at Play Above-average temperatures in its service territories - Connecticut, New Hampshire and Massachusetts - in the fourth quarter are expected to hit the topline at Eversource Energy. Further, higher depreciation and property taxes resulting from the company's ongoing investments in its distribution system are likely to lower earnings in the to-be reported quarter. However, higher transmission rate base on account of continued investment in the New England power grid will boost the bottom line in the fourth quarter. Earnings Whispers Our proven model does not conclusively show that Eversource Energy is likely to beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) to be able to beat consensus estimates. However, that is not the case here, as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate are pegged at 74 cents, resulting in an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Eversource Energy Price and EPS Surprise Eversource Energy Price and EPS Surprise | Eversource Energy Quote Zacks Rank: Although Eversource Energy's Zacks Rank #3 increases the predictive power of ESP, its 0.00% ESP makes surprise prediction difficult. Note that we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a few stocks in the utility space worth considering as our model shows that they have the right combination of elements to post an earnings beat this quarter: Portland General Electric Company POR is slated to report earnings on Feb 17. It is has an Earnings ESP of +1.56% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Exelon Corporation EXC has an Earnings ESP of +2.27% and a Zacks Rank #2. It is expected to release its quarterly numbers on Feb 8. Pinnacle West Capital Corporation PNW has an Earnings ESP of +4.08% and a Zacks Rank #2. It is slated to report earnings on Feb 24. Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017? Who wouldn't? As of early December, the 2016 Top 10 produced 5 double-digit winners including oil and natural gas giant Pioneer Natural Resources which racked up a stellar +50% gain. The new list is painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. Be among the very first to see it>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Portland General Electric Company (POR): Free Stock Analysis Report Eversource Energy (ES): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-02-02,20.6605,20.9273,20.6136,20.8814,"5 Liquid Stocks Potent Enough to Yield Solid Returns Investors seeking steady returns may allocate their assets in stocks with favorable liquidity positions. Liquidity often indicates whether the company is financially strong or not. It is a measure of a company's capability of meeting its debt obligations by converting its assets into liquid cash and equivalents. However, one should be careful about investing in a stock with a high liquidity level as it may also indicate that the company is failing to utilize its assets efficiently. Therefore, in addition to the liquidity level, an investor may also consider the efficiency of the company before investing in the stock. Key Liquidity Ratios Liquidity ratios - current, quick and cash ratios - are considered as popular indicators of liquidity levels. Favorable liquidity ratios may help an investor to identify a company's capability of converting its assets to meet its debt obligations. While current ratio or working capital ratio seeks to measure a company's potential to meet its short- as well as long-term debt obligations, a company's quick ratio or acid-test ratio or quick assets ratio indicates its capability of meeting only its short-term debt obligations. This is why current ratio takes current assets relative to current liabilities into consideration, while quick ratio is a ratio of current assets excluding inventory to current liabilities. On the other hand, the most conservative of the liquidity ratios, cash ratio aims to measure a company's potential to pay its current debt obligations by converting its most liquid assets. In order to achieve its objective, cash ratio only considers cash and cash equivalents relative to current liabilities. Though a higher value of these ratios may indicate that the company has a good financial position, significantly high values may signal that the company is inefficiently utilizing its assets. Hence, companies with liquidity ratios between 1 and 3 are considered to have favorable liquid levels. Screening Parameters Besides considering ideal ranges of liquidity ratios, we have added asset utilization to our screening parameters with an objective to screen the efficient stocks only. Asset utilization is a ratio of total sales over the past 12 months to the last four-quarter average of total assets. It is considered to be one of the popular means of identifying efficient companies. In order to make our strategy more profitable, we have added our proprietary Growth Style Score to the screen with an objective to ensure that these liquid and efficient stocks have solid growth potential too. Current Ratio, Quick Ratio and Cash Ratio between 1 and 3 (While liquidity ratios of greater than 1 are desirable, significantly high ratios may indicate inefficiency.) Asset utilization greater than industry average (Higher asset utilization than the industry average indicates a company's efficiency.) Zacks Rank equal to or better than #2 (Only Strong Buy and Buy rated stocks can get through.) Growth Style Score equal to or better than B (Back-tested results show that stocks with a Growth Style Score of 'A' or 'B' when combined with a Zacks Rank #1 or #2 handily beat other stocks.) Just these few criteria have narrowed down the universe of over 7,700stocks to only 21. Here are five stocks from the list: ShoreTel, Inc.SHOR is a leading provider of enterprise IP telephony solutions. The company has a Growth Style Score of 'B' and an average four-quarter positive earnings surprise of 72.9%. It carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . MSG Networks Inc.MSGN is engaged in production and content development for sports and entertainment networks. This Zacks Rank #2 (Buy) company has a Growth Style Score of 'B' and an average four-quarter positive earnings surprise of 12.1%. Exelon CorporationEXC is engaged principally in the production, purchase, transmission, distribution and sale of electricity. This Zacks Rank #2 company has a Growth Style Score of 'B' and an average four-quarter positive earnings surprise of 9.9%. FactSet Research Systems Inc.FDS supplies global economic and financial data to analysts, investment bankers and other financial professionals. This Zacks Rank #2 company has a Growth Style Score of 'B' and an average four-quarter positive earnings surprise of 1.9%. Progress Software CorporationPRGS is a global supplier of application development, deployment and management technology, Internet and intranet. This Zacks Rank #2 company has a Growth Style Score of 'A' and an average four-quarter positive earnings surprise of 4.3%. Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back-testing software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance. Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free » Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report FactSet Research Systems Inc. (FDS): Free Stock Analysis Report ShoreTel, Inc. (SHOR): Free Stock Analysis Report Progress Software Corporation (PRGS): Free Stock Analysis Report MSG Networks Inc. (MSGN): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-02-03,20.8579,20.935,20.7886,20.8579,"[""Zacks.com featured highlights: ShoreTel, MSG Networks, Exelon, FactSet Research Systems and Progress Software For Immediate Release Chicago, IL - February 03, 2017 - Stocks in this week's article include ShoreTel, Inc. (NASDAQ: SHOR - Free Report ), MSG Networks Inc. (NYSE: MSGN - Free Report ), Exelon Corporation (NYSE: EXC - Free Report ), FactSet Research Systems Inc. (NYSE: FDS - Free Report ) and Progress Software Corporation (NASDAQ: PRGS - Free Report ). Screen of the Week of Zacks Investment Research: 5 Liquid Stocks Potent Enough to Yield Solid Returns Investors seeking steady returns may allocate their assets in stocks with favorable liquidity positions. Liquidity often indicates whether the company is financially strong or not. It is a measure of a company's capability of meeting its debt obligations by converting its assets into liquid cash and equivalents. However, one should be careful about investing in a stock with a high liquidity level as it may also indicate that the company is failing to utilize its assets efficiently. Therefore, in addition to the liquidity level, an investor may also consider the efficiency of the company before investing in the stock. Key Liquidity Ratios Liquidity ratios - current, quick and cash ratios - are considered as popular indicators of liquidity levels. Favorable liquidity ratios may help an investor to identify a company's capability of converting its assets to meet its debt obligations. While current ratio or working capital ratio seeks to measure a company's potential to meet its short- as well as long-term debt obligations, a company's quick ratio or acid-test ratio or quick assets ratio indicates its capability of meeting only its short-term debt obligations. This is why current ratio takes current assets relative to current liabilities into consideration, while quick ratio is a ratio of current assets excluding inventory to current liabilities. On the other hand, the most conservative of the liquidity ratios, cash ratio aims to measure a company's potential to pay its current debt obligations by converting its most liquid assets. In order to achieve its objective, cash ratio only considers cash and cash equivalents relative to current liabilities. Though a higher value of these ratios may indicate that the company has a good financial position, significantly high values may signal that the company is inefficiently utilizing its assets. Hence, companies with liquidity ratios between 1 and 3 are considered to have favorable liquid levels. Screening Parameters Besides considering ideal ranges of liquidity ratios, we have added asset utilization to our screening parameters with an objective to screen the efficient stocks only. Asset utilization is a ratio of total sales over the past 12 months to the last four-quarter average of total assets. It is considered to be one of the popular means of identifying efficient companies. In order to make our strategy more profitable, we have added our proprietary Growth Style Score to the screen with an objective to ensure that these liquid and efficient stocks have solid growth potential too. Current Ratio, Quick Ratio and Cash Ratio between 1 and 3 (While liquidity ratios of greater than 1 are desirable, significantly high ratios may indicate inefficiency.) Asset utilization greater than industry average (Higher asset utilization than the industry average indicates a company's efficiency.) Zacks Rank equal to or better than #2 (Only Strong Buy and Buy rated stocks can get through.) Growth Style Score equal to or better than B (Back-tested results show that stocks with a Growth Style Score of 'A' or 'B' when combined with a Zacks Rank #1 or #2 handily beat other stocks.) Just these few criteria have narrowed down the universe of over 7,700stocks to only 21. Here are five stocks from the list: ShoreTel, Inc. (NASDAQ: SHOR - Free Report ) is a leading provider of enterprise IP telephony solutions. The company has a Growth Style Score of 'B' and an average four-quarter positive earnings surprise of 72.9%. It carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . MSG Networks Inc. (NYSE: MSGN - Free Report ) is engaged in production and content development for sports and entertainment networks. This Zacks Rank #2 (Buy) company has a Growth Style Score of 'B' and an average four-quarter positive earnings surprise of 12.1%. Exelon Corporation (NYSE: EXC - Free Report ) is engaged principally in the production, purchase, transmission, distribution and sale of electricity. This Zacks Rank #2 company has a Growth Style Score of 'B' and an average four-quarter positive earnings surprise of 9.9%. FactSet Research Systems Inc. (NYSE: FDS - Free Report ) supplies global economic and financial data to analysts, investment bankers and other financial professionals. This Zacks Rank #2 company has a Growth Style Score of 'B' and an average four-quarter positive earnings surprise of 1.9%. Progress Software Corporation (NASDAQ: PRGS - Free Report ) is a global supplier of application development, deployment and management technology, Internet and intranet. This Zacks Rank #2 company has a Growth Style Score of 'A' and an average four-quarter positive earnings surprise of 4.3%. Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back-testing software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance. Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free \u00bb Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111 Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the \""#1 site for screening stocks\"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros . Get the full Report on SHOR - FREE Get the full Report on MSGN - FREE Get the full Report on EXC - FREE Get the full Report on FDS - FREE Get the full Report on PRGS - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: https://www.zacks.com/performance Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks \""Terms and Conditions of Service\"" disclaimer. www.zacks.com/disclaimer . Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ShoreTel, Inc. (SHOR): Free Stock Analysis Report MSG Networks Inc. (MSGN): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report FactSet Research Systems Inc. (FDS): Free Stock Analysis Report Progress Software Corporation (PRGS): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""7 Dividend Stocks Increasing Payouts \u2014 COP SPG EXC GLW AVB BCE ES InvestorPlaceInvestorPlace - Stock Market News, Stock Advice & Trading Tips The S&P 500 Index climbed higher this week to remain near its all-time high, fueled by improving economic data and continued strength from many companies reporting earnings. A number of dividend stocks also announced higher dividends. Seven notable dividend stocks increased their payouts over the last week, including two electric utilities, two real estate investment trusts and a couple providers of financial services. Here are nine dividend stocks increasing payouts . ConocoPhillips (NYSE: COP ) rewarded shareholders with a 6% raise to its quarterly dividend, increasing it by a penny from 25 cents per share to 26.5 cents. Shareholders of record as of Feb. 14 will receive their higher dividends on Mar. 1 from the oil exploration and production company. COP shares will be ex-dividend on Feb. 10. COP Dividend Yield: 2.11% Simon Property Group Inc (NYSE: SPG ) announced a 6% raise to its quarterly dividend, bringing its payout up from $1.65 per share to $1.75. The mall real estate investment trust will send its higher dividends out on Feb. 28 to shareholders of record as of Feb. 14. SPG shares will trade ex-dividend on Feb. 10. SPG Dividend Yield: 3.78% Exelon Corporation (NYSE: EXC ) increased its quarterly dividend by 3%, raising its payment to 32.75 cents per share from 31.8 cents. The electric utility will pay shareholders of record as of Feb. 15 on Mar. 10. The stock's shares trade ex-dividend on Feb. 13. EXC Dividend Yield: 3.66% The Top 10 Dow Dividend Stocks for February Corning Incorporated (NYSE: GLW ) raised its quarterly dividend by 15%, increasing it from 13.5 cents per share to 15.5 cents. The glass manufacturer will pay its higher dividend to shareholders of record as of Feb. 28 on Mar. 31. GLW shares will trade ex-dividend on Feb. 24. GLW Dividend Yield: 2.33% AvalonBay Communities Inc (NYSE: AVB ) increased its quarterly dividend by 5% to $1.42 per share from $1.35. Shareholders of record as of Mar. 31 will receive dividends from the residential real estate investment trust on April 17. The company's shares will go ex-dividend on Mar. 29. AVB Dividend Yield: 3.24% BCE Inc. (USA) (NYSE: BCE ) announced a 5% increase to its quarterly dividend, raising it from 68.25 cents per share to 71.75 cents. Dividends will be paid from the provider of broadband communications services on April 15 to shareholders of record as of Mar. 15. BCE shares become ex-dividend on Mar. 13. BCE Dividend Yield: 5.00% Eversource Energy (NYSE: ES ) increased its quarterly dividend by 7%, raising its payment from 44.5 cents per share to 47.5 cents. Shareholders of record as of Mar. 2 will receive dividends from the electric utility on Mar. 31. ES shares will be ex-dividend on Feb. 28. ES Dividend Yield: 3.19% As of the time of this writing, Simply Safe Dividends did not hold a position in any of the aforementioned securities. More From Simply Safe Dividends Dividend Aristocrats List Warren Buffett's Top Dividend Stocks The post 7 Dividend Stocks Increasing Payouts - COP SPG EXC GLW AVB BCE ES appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-02-06,20.9214,20.985,20.7886,20.8764,"Exelon (EXC) Q4 Earnings: Can the Stock Pull a Surprise? Exelon CorporationEXC will release fourth-quarter 2016 financial results before the market opens on Feb 8. Last quarter, this utility reported a positive earnings surprise of 22.97%. Let's see how things are shaping up at the company prior to this announcement. Factors to Consider During the third-quarterearnings call Exelon raised its 2016 earnings expectation to the range of $2.55 to $2.75 per share from $2.40-$2.70 guided earlier, primarily buoyed by strong results from its subsidiaries including Commonwealth Edison Company (ComEd) and PECO Energy Company (PECO).These units are expected to continue with the strong performance in the fourth quarter as well. The company's cost savings initiative is yielding results, and has in fact helped it reduce Operation and Maintenance expenses and boost its margins. Earnings Whispers Our proven model does not conclusively show that Exelon is likely to beat estimates this quarter. That is because a stock needs to have both a positive Earnings ESP Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) for this to happen. But that is not the case here, as you will see below. Exelon Corporation Price and EPS Surprise Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote Zacks ESP: The Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is 0.00% as both the estimates are pegged at 45 cents. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank: Though Exelon's Zacks Rank #2 increases the predictive power of ESP, its 0.00% ESP makes surprise prediction difficult this quarter. Note that we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a few stocks in the utility space worth considering as our model shows that they have the right combination of elements to post an earnings beat this quarter: Portland General Electric Company POR is slated to report earnings on Feb 17. It is has an Earnings ESP of +1.56% and a Zacks Rank #2..You can see the complete list of today's Zacks #1 Rank stocks here . Pinnacle West Capital Corporation PNW has an Earnings ESP of +4.08% and a Zacks Rank #2. It is slated to report earnings on Feb 24. Entergy Corporation ETR has an Earnings ESP of +15.39% and a Zacks Rank #3. It is expected to release its quarterly numbers on Feb 15. Zacks' Top Investment Ideas for Long-Term Profit How would you like to see our best recommendations to help you find today's most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Entergy Corporation (ETR): Free Stock Analysis Report Portland General Electric Company (POR): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-02-07,20.8921,21.0288,20.8452,20.9897,"[""Dominion (D) Adds Green Energy Assets, Regulations a Risk On Feb 6, we issued an updated research report on Dominion Resources Inc.D . Dominion's dependence on third parties for natural gas supply and risks associated with the completion of ongoing projects within budget and on schedule are some of the major headwinds. However, focus on regulated assets and expansion of renewable generation assets will boost its performance over the long term. Dominion's fourth-quarter 2016 operating earnings and revenues lagged the Zacks Consensus Estimate. The bottom line was, however, within management's guidance range of 90 cents to $1.10 per share. In 2017, Dominion's operating earnings are expected to be impacted by lower Cove Point import contract revenues, the second Millstone refueling outage, lower hedged power prices at Millstone, and share dilution. Currently, several expansion projects including pipelines, electric transmission lines, and conversion and other infrastructure projects are under various stages of development. If the company fails to obtain the necessary approvals or allocate and coordinate sufficient resources or if projects get delayed for completion, it may have a material impact on the company's financials. Dominion has emerged as a big name backed by its large-scale renewable and clean energy generation portfolio. These projects will allow the company to reap the benefit of solar-related investment tax credits and enhance its renewable operating fleet to 1,400 MW by end of 2017. In 2016, Dominion added 727 MW to its existing solar portfolio. In 2016, the company started operating six major pipeline expansion projects, adding nearly 1.2 billion cubic feet per day of capacity. Going forward, the company plans to add another six pipelines project in its portfolio. New pipeline projects are expected to add 900 million cubic feet per day by end of 2018. Price Movement Shares of the company have underperformed the broader industry in the last three months. Shares of Dominion lost 4.4% in the last three months, compared with the 0.6% decline registered by the Zacks categorized Utility - Electric Power industry. Dominion Resources currently has a Zacks Rank #4(Sell). Some better-ranked stocks in the utility sector are Exelon Corporation EXC , Ameren Corporation AEE and NextEra Energy Inc. NEE . All of them carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Just Released - Driverless Cars: Your Roadmap to Mega-Profits Today Click to see the stocks right now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Dominion Resources, Inc. (D): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for February 8, 2017 : AGN, TWX, EXC, CTSH, HUM, SNY, ALK, ITUB, GT, BR, VOYA, JEC The following companies are expected to report earnings prior to market open on 02/08/2017. Visit our Earnings Calendar for a full list of expected earnings releases. Allergan plc. ( AGN ) is reporting for the quarter ending December 31, 2016. The medical company's consensus earnings per share forecast from the 10 analysts that follow the stock is $3.79. This value represents a 11.14% increase compared to the same quarter last year. AGN missed the consensus earnings per share in the 3rd calendar quarter of 2016 by -7%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for AGN is 17.51 vs. an industry ratio of 45.10. Time Warner Inc. ( TWX ) is reporting for the quarter ending December 31, 2016. The media company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.19. This value represents a 12.26% increase compared to the same quarter last year. In the past year TWX has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 34.56%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for TWX is 16.85 vs. an industry ratio of 46.40. Exelon Corporation ( EXC ) is reporting for the quarter ending December 31, 2016. The electric power utilities company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.45. This value represents a 18.42% increase compared to the same quarter last year. EXC missed the consensus earnings per share in the 4th calendar quarter of 2015 by -2.56%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for EXC is 13.36 vs. an industry ratio of 14.30. Cognizant Technology Solutions Corporation ( CTSH ) is reporting for the quarter ending December 31, 2016. The business software company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.77. This value represents a 4.05% increase compared to the same quarter last year. In the past year CTSH has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 8%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for CTSH is 17.30 vs. an industry ratio of 43.50. Humana Inc. ( HUM ) is reporting for the quarter ending December 31, 2016. The hmo company's consensus earnings per share forecast from the 8 analysts that follow the stock is $2.06. This value represents a 42.07% increase compared to the same quarter last year. HUM missed the consensus earnings per share in the 4th calendar quarter of 2015 by -0.68%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for HUM is 20.68 vs. an industry ratio of 19.30, implying that they will have a higher earnings growth than their competitors in the same industry. Sanofi ( SNY ) is reporting for the quarter ending December 31, 2016. The large cap pharmaceutical company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.67. This value represents a 6.94% decrease compared to the same quarter last year. In the past year SNY has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for SNY is 13.41 vs. an industry ratio of 16.80. Alaska Air Group, Inc. ( ALK ) is reporting for the quarter ending December 31, 2016. The airline company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.41. This value represents a 3.42% decrease compared to the same quarter last year. In the past year ALK has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 7.32%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for ALK is 13.25 vs. an industry ratio of 20.20. Itau Unibanco Banco Holding SA ( ITUB ) is reporting for the quarter ending December 31, 2016. The bank (foreign) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.26. This value represents a 13.04% increase compared to the same quarter last year. In the past year ITUB has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 8.33%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for ITUB is 11.76 vs. an industry ratio of 11.60, implying that they will have a higher earnings growth than their competitors in the same industry. The Goodyear Tire & Rubber Company ( GT ) is reporting for the quarter ending December 31, 2016. The rubber tire company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.86. This value represents a 7.53% decrease compared to the same quarter last year. In the past year GT has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 0.86%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for GT is 8.26 vs. an industry ratio of 10.00. Broadridge Financial Solutions, Inc. ( BR ) is reporting for the quarter ending December 31, 2016. The outsourcing company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.38. This value represents a no change for the same quarter last year. BR missed the consensus earnings per share in the 3rd calendar quarter of 2016 by -5.26%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for BR is 21.89 vs. an industry ratio of 33.80. Voya Financial, Inc. ( VOYA ) is reporting for the quarter ending December 31, 2016. The life insurance company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.79. This value represents a 13.19% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for VOYA is 16.42 vs. an industry ratio of -1.20, implying that they will have a higher earnings growth than their competitors in the same industry. Jacobs Engineering Group Inc. ( JEC ) is reporting for the quarter ending December 31, 2016. The engineering company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.63. This value represents a 19.23% decrease compared to the same quarter last year. In the past year JEC has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2017 Price to Earnings ratio for JEC is 18.91 vs. an industry ratio of 19.60. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-02-08,20.5609,21.1617,20.385,20.5384,"[""Exelon (EXC) Q4 Earnings Miss by a Penny, Revenues Lag Exelon CorporationEXC , a competitive energy provider, delivers electricity and natural gas to customers in central Maryland, northern Illinois and southeastern Pennsylvania through its subsidiaries. The Chicago, IL-based firm operates in 48 states and the District of Columbia of the U.S., and Canada. Exelon's strategy of matching its load business with generation fleet, addition of renewable and natural gas based power generating units to its portfolio, systematic divestment of non-core assets will drive its performance. Exelon closed its $6.8 billion merger with Pepco Holdings Inc. after it received the final regulatory approval to form the largest power distributor in the U.S. The acquisition is expected to increase cash flow by $700 million to $850 million in the 2017-2019 time period. Estimate Trend & Surprise History Investors should note that the fourth quarter Zacks Consensus Estimate for earnings of 45 cents per share increased 4.6% over the last 90 days. Coming to the earnings surprise, Exelon has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in a positive average surprise of 9.88%. Zacks Rank : Currently, Exelon has a Zacks Rank#2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . However the rank could change following its fourth quarter 2016 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Exelon Corporation Price and EPS Surprise Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote Earnings : Exelon reported earnings of 44 cents per share, falling short of the Zacks Consensus Estimate of 45 cents. Revenue : Exelon's total revenues came in at $8,052 million, 0.1% lower than the Zacks Consensus Estimate of $8,062 million. Key Stats : Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Dec 31, 2016, was 91-94% for 2017, 56-59% for 2018, and 28-31% for 2019. Check back for our full write up on this EXC earnings report later! Just Released - Driverless Cars: Your Roadmap to Mega-Profits Today In this latest Special Report, Zacks' Aggressive Growth Strategist Brian Bolan explores a full-blown technological breakthrough in the making - autonomous cars. He also spotlights 8 stocks with tremendous gain potential to feed off this phenomenon. Click to see the stocks right now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Get Free Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Q4 Earnings Lag Estimates, Issues '17 Outlook Exelon CorporationEXC reported fourth-quarter 2016 adjusted operating earnings of 44 cents per share, lagging the Zacks Consensus Estimate of 45 cents by a penny. Quarterly earnings were also 15.8% higher than year-ago tally of 38 cents. The bottom-line improvement was driven by regulatory rate hikes, favorable weather and the positive impact of lower nuclear outage days at the Generation segment. On a GAAP basis, quarterly earnings were 22 cents per share, compared with 33 cents a year ago. The difference between GAAP and adjusted operating earnings was due to the combined impact of hedging activities, impairment of assets, asset retirement obligation, other one-time charges resulting in a net charge of 22 cents. Full-year adjusted earnings came in at $2.68 per share, up 7.6% from $2.49 in 2015 and in line with the Zacks Consensus Estimate of $2.68. Exelon's earnings were with management's guidance range of $2.55 to $2.75 per share. Total Revenue Exelon's total operating revenue of $8,052 million missed the Zacks Consensus Estimate of $8,062 million by 0.1%. However, quarterly revenues increased 20.5% year over year. Full-year revenues amounted to $31,905 million, up 9.1% from $29,237 million in 2015. The Zacks Consensus Estimate was $30,000 million. Quarterly Highlights Exelon's total operating expenses increased 19.6% year over year to $7,112 million. The increase in operating expenses was primarily due to higher purchased power and fuel expenses, and operating and maintenance expenses. Exelon Corporation Price, Consensus and EPS Surprise Exelon Corporation Price, Consensus and EPS Surprise | Exelon Corporation Quote The company reported operating income of $940 million in the quarter, up 26.3% from $744 million a year ago. Interest expenses of $356 million were 28.1% higher than the year-ago quarter. Exelon's Commonwealth Edison Company (ComEd) was serving nearly 3.97 million electric customers in the fourth quarter, up 1.3% year over year. Financial Position As of Dec 31, 2016, Exelon's cash and cash equivalents were $635 million, compared with $6,502 million at the end of 2015. Long-term debt as of Dec 31, 2016 was $31,575 million, up from $23,645 million as of Dec 31, 2015. In 2016, net cash flow from operating activities was $8,434 million, compared with $7,616 million in the year-ago period. During the same period, Exelon's capital expenditure was $8,565 million, compared with $7,624 million in 2015. Hedges Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Dec 31, 2016, was 91-94% for 2017, 56-59% for 2018, and 28-31% for 2019. Looking Ahead Exelon expects its 2017 earnings in the range to $2.50 to $2.80 per share. Peer Releases American Electric Power Co., Inc. AEP reported fourth-quarter 2016 operating earnings of 67 cents per share, beating the Zacks Consensus Estimate of 55 cents by 21.8%. NextEra Energy, Inc. NEE reported fourth-quarter 2016 adjusted earnings of $1.21 per share, missing the Zacks Consensus Estimate of $1.29 by 6.2%. Reported earnings were, however, up 3.4% year over year. Dominion Resources Inc. D reported fourth-quarter 2016 operating earnings of 99 cents per share, lagging the Zacks Consensus Estimate of $1.00 by a penny. Zacks Rank Exelon Corporation currently has a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Just Released - Driverless Cars: Your Roadmap to Mega-Profits Today In this latest Special Report, Zacks' Aggressive Growth Strategist Brian Bolan explores a full-blown technological breakthrough in the making - autonomous cars. He also spotlights 8 stocks with tremendous gain potential to feed off this phenomenon. Click to see the stocks right now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Dominion Resources, Inc. (D): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-02-09,20.4896,20.5071,20.0938,20.3156,
EXC,2017-02-10,20.2569,20.4456,20.2278,20.4143,"[""Exelon Corporation (EXC) Ex-Dividend Date Scheduled for February 13, 2017 Exelon Corporation ( EXC ) will begin trading ex-dividend on February 13, 2017. A cash dividend payment of $0.327 per share is scheduled to be paid on March 10, 2017. Shareholders who purchased EXC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.83% increase over prior dividend payment. The previous trading day's last sale of EXC was $34.85, representing a -7.56% decrease from the 52 week high of $37.70 and a 16.87% increase over the 52 week low of $29.82. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXCU ). EXC's current earnings per share, an indicator of a company's profitability, is $1.23. Zacks Investment Research reports EXC's forecasted earnings growth in 2017 as -1.45%, compared to an industry average of -2%. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top Analyst Reports for Morgan Stanley, GM & Prudential Friday, February 10 2017 We are sharing today analyst reports on 16 major stocks in today's Research Daily, including reports on Morgan Stanley (MS), General Motors (GM) and Prudential Financial (PRU). These reports have been hand-picked from amongst the 70 or so stock research reports published by our analyst team today. You can see all of today's research reports here >> In addition to these stock research reports, we are also giving you a real-time scorecard of the ongoing Q4 earnings season. You can see our latest Earnings Trends report here - Positive Earnings Picture Q4 Earnings Scorecard(as ofFriday, February10 th) The bulk of the Q4 earnings season is now behind us, with results from 359 S&P 500 members, or 71.7% of the index's total membership, already out. With another 53 index members on deck to report results next week, we will have seen results from 82% of the index's members by then. Total earnings for the 359 index members that have reported results already are up +6.1% on +4.7% higher revenues, with 68.8% beating EPS estimates and 54.6% beating revenue estimates. This is better earnings and revenue growth performance than we have seen from this group of 359 S&P 500 members in other recent periods, even after adjusting for the strong growth from the Finance sector (earnings growth would be +4.6% excluding the Finance sector on +4.6% higher revenues). As we have been pointing out all along since the start of this reporting cycle, not only is Q4 growth on track to be the highest in two years, but the overall level of total earnings is also on track to reach an all-time quarterly record. Importantly, while estimates for the current period are coming down, they aren't coming down as much as has historically been the case. Today's Analyst Reports Morgan Stanley shares have outperformed the Zacks Finance sector over the last six months, gaining +52.7% versus the sector's +15.1% increase, with the company's better than expected fourth-quarter results adding to the stock's positive momentum (Goldman Sachs shares are up +47.3% in that time period). The analyst likes the company's efforts to offload its non-core assets to lower balance-sheet risks and shift focus toward less capital-intensive businesses. Further, the company's expense saving initiatives by implementing significant infrastructure expense reductions by 2017 are commendable. However, equity trading income distress, new regulatory requirements and intense pricing competition are concerns though the regulatory burden is expected to come down going forward. (You can read the full research report on Morgan Stanley here >> ) General Motors shares have been strong performers over the past year (the stock is up +30.8% vs. +28.1% for the Zacks Auto sector & +11.8% for Ford), though they have struggled lately despite strong quarterly results. The analyst likes the stock and points to its record of positive earnings surprises in recent quarters and improved outlook in emerging markets on the back of increasing capacity investments in those markets. It is also focused on investment in innovative technologies and vehicles for sustained growth. However, series of recalls, scaling down or shutting manufacturing operations in some regions and challenging South American market are headwinds for the company. (You can read the full research report on General Motors here>> ) Prudential shares have gained +4.2% in the year-to-date period, outperforming the Zacks Multiline Insurance industry, which has gained +1.1%% over the same period. Prudential's fourth-quarter earnings beat expectations and also improved year over year on the back of higher revenues, investment income and lower expenses. The analyst likes its high performing asset management business, widespread international operations and deeper reach in the pension risk transfer market. It has also been growing its pension risk transfer business. Expanded international presence, mainly in Japan, Korea and China, provides it with better organic growth opportunities than peers. A strong balance sheet and efficient capital management are other tailwinds. (You can read the full research report on Prudential here >> ) Other noteworthy reports we are featuring today include Exelon (EXC), Cardinal Health (CAH) and Sanofi (SNY). Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017? Who wouldn't? Last year's market-beating Top 10 portfolio produced 5 double-digit winners. For example, oil and natural gas giant Pioneer Natural Resources and First Republic Bank racked up stellar gains of +44.9% and +44.3% respectively. Now a brand-new list for 2017 has been hand-picked from 4,400 companies covered by the Zacks Rank. See the 2017 Top 10 right now>> Sheraz Mian Director of Research Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here >>> Today's Must Read Morgan Stanley (MS) Q4 Results Indicate Rebound in Trading General Motors (GM) Beats on Fourth-Quarter Earnings, Guidance Intact Prudential Financial (PRU) Q4 Earnings Beat, Forex a Concern Featured Reports Exelon (EXC) Q4 Earnings Miss by a Penny, Revenues Lag The Zacks analyst stresses that earnings improved year over year, driven by regulatory rate hikes, favorable weather and positive impact of lower nuclear outage days at the Generation segment. Alaska Air Group (ALK) Q4 Earnings & Revenues Beat Estimates The covering analyst is pleased by the company's outperformance in Q4. RASM's return to growth in the quarter is a major positive. BB&T (BBT) Results Show Loan Growth, Easing Margin Pressure The Zacks analyst thinks BB&T's results reflect impressive loan growth, which along with strategic acquisitions will be driving up revenue. Marsh & McLennan (MMC) Q4 Earnings Beat, Up YoY The covering analyst thinks Marsh & Mclennan is poised to grow on the back of continuous investments, strong balance sheet and cost management efforts but forex headwinds, integration risk remains. Baxter (BAX) Tops Q4 Earnings, Cyclophosphamide Woes Hurt The Zacks analyst thinks Baxter is on a rise with solid fourth quarter results, wherein earnings beat the Zacks Consensus Estimate. Anthem's (ANTM) Q4 Earnings and Revenues Beat Estimates The Zacks analyst thinks Anthem's wide product portfolio, divestitures, prudent capital management, modest cash position, strategic acquisitions and ACO arrangements position it for long-term growth. Hershey (HSY) Tops Earnings, Cost Saving Plans to Spur Growth The covering analyst thinks focus on innovation, supply chain savings and productivity gains should drive top and bottom-line growth. New Upgrades EnerSys (ENS) Q3 Earnings Beat, Positive Trends Raise Hope The Zacks analyst thinks EnerSys' earnings beat was driven by operational efficiencies and improved product mix. Solid prospects in Asia and accretive acquisitions bode well for its future growth. National Oilwell Varco (NOV) Q4 Loss Narrower than Expected The covering analyst likes NOV's sequential increase in sales amid oil's stabilization within a range above $50 per barrel and takes a bullish stance on the energy equipment maker. Sanofi (SNY) Q4 Sales Rise Y/Y; New Drugs Doing Well Sanofi's revenues increased year over year while earnings declined in fourth quarter. The Zacks analyst believes that new drugs like Toujeo, Aubagio and Lemtrada are likely to continue doing well. New Downgrades H&R Block (HRB) Plagued by Inherent Shortcomings H&R Block's debt-to-equity ratio compares unfavorably with the sector average, while its fluctuating cash position raises skepticism about its ability to engage in de-leveraging activities. Cardinal Health (CAH) Tops Q2 Earnings But Trims Outlook The Zacks analyst thinks Cardinal Health posted solid second quarter results backed by both the Pharmaceutical and Medical segments. However ongoing generic pricing pressure remains a major concern. Eaton (ETN) Q4 Revenues Miss,Offers '17 View Eaton managed to beat fourth-quarter 2016 earnings estimates even though revenues lagged the mark. Drop in bookings at some business segments and negative currency translation are major concerns. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sanofi (SNY): Free Stock Analysis Report Prudential Financial, Inc. (PRU): Free Stock Analysis Report Morgan Stanley (MS): Free Stock Analysis Report General Motors Company (GM): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Cardinal Health, Inc. (CAH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-02-13,20.4621,20.7239,20.4621,20.6547,"The Zacks Analyst Blog Highlights: Morgan Stanley, General Motors, Prudential Financial, Exelon and Sanofi For Immediate Release Chicago, IL - February 13, 2017 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Morgan Stanley (NYSE: MS - Free Report ), General Motors (NYSE: GM - Free Report ), Prudential Financial (NYSE: PRU - Free Report ) Exelon (NYSE: EXC - Free Report ) and Sanofi (NYSE: SNY - Free Report ). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are highlights from Friday's Analyst Blog: Top Analyst Reports for Monday: MS, GM, PRU We are sharing today analyst reports on 16 major stocks in today's Research Daily, including reports on Morgan Stanley (NYSE: MS - Free Report ), General Motors (NYSE: GM - Free Report ) and Prudential Financial (NYSE: PRU - Free Report ). These reports have been hand-picked from amongst the 70 or so stock research reports published by our analyst team today. You can see all of today's research reports here >> In addition to these stock research reports, we are also giving you a real-time scorecard of the ongoing Q4 earnings season. You can see our latest Earnings Trends report here - Positive Earnings Picture Q4 Earnings Scorecard (as of Friday, February 10 th ) The bulk of the Q4 earnings season is now behind us, with results from 359 S&P 500 members, or 71.7% of the index's total membership, already out. With another 53 index members on deck to report results next week, we will have seen results from 82% of the index's members by then. Total earnings for the 359 index members that have reported results already are up +6.1% on +4.7% higher revenues, with 68.8% beating EPS estimates and 54.6% beating revenue estimates. This is better earnings and revenue growth performance than we have seen from this group of 359 S&P 500 members in other recent periods, even after adjusting for the strong growth from the Finance sector (earnings growth would be +4.6% excluding the Finance sector on +4.6% higher revenues). As we have been pointing out all along since the start of this reporting cycle, not only is Q4 growth on track to be the highest in two years, but the overall level of total earnings is also on track to reach an all-time quarterly record. Importantly, while estimates for the current period are coming down, they aren't coming down as much as has historically been the case. Today's Analyst Reports Morgan Stanley shares have outperformed the Zacks Finance sector over the last six months, gaining +52.7% versus the sector's +15.1% increase, with the company's better than expected fourth-quarter results adding to the stock's positive momentum (Goldman Sachs shares are up +47.3% in that time period). The analyst likes the company's efforts to offload its non-core assets to lower balance-sheet risks and shift focus toward less capital-intensive businesses. Further, the company's expense saving initiatives by implementing significant infrastructure expense reductions by 2017 are commendable. However, equity trading income distress, new regulatory requirements and intense pricing competition are concerns though the regulatory burden is expected to come down going forward. (You can read the full research report on Morgan Stanley here >> ) General Motors shares have been strong performers over the past year (the stock is up +30.8% vs. +28.1% for the Zacks Auto sector & +11.8% for Ford), though they have struggled lately despite strong quarterly results. The analyst likes the stock and points to its record of positive earnings surprises in recent quarters and improved outlook in emerging markets on the back of increasing capacity investments in those markets. It is also focused on investment in innovative technologies and vehicles for sustained growth. However, series of recalls, scaling down or shutting manufacturing operations in some regions and challenging South American market are headwinds for the company. (You can read the full research report on General Motors here>> ) Prudential shares have gained +4.2% in the year-to-date period, outperforming the Zacks Multiline Insurance industry, which has gained +1.1%% over the same period. Prudential's fourth-quarter earnings beat expectations and also improved year over year on the back of higher revenues, investment income and lower expenses. The analyst likes its high performing asset management business, widespread international operations and deeper reach in the pension risk transfer market. It has also been growing its pension risk transfer business. Expanded international presence, mainly in Japan, Korea and China, provides it with better organic growth opportunities than peers. A strong balance sheet and efficient capital management are other tailwinds. (You can read the full research report on Prudential here >> ) Other noteworthy reports we are featuring today include Exelon (NYSE: EXC - Free Report ) and Sanofi (NYSE: SNY - Free Report ). Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017? Who wouldn't? Last year's market-beating Top 10 portfolio produced 5 double-digit winners. For example, oil and natural gas giant Pioneer Natural Resources and First Republic Bank racked up stellar gains of +44.9% and +44.3% respectively. Now a brand-new list for 2017 has been hand-picked from 4,400 companies covered by the Zacks Rank. See the 2017 Top 10 right now>> About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 ""Strong Buys"" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>. Get the full Report on MS - FREE Get the full Report on GM - FREE Get the full Report on PRU - FREE Get the full Report on EXC - FREE Get the full Report on SNY - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com/ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Morgan Stanley (MS): Free Stock Analysis Report General Motors Company (GM): Free Stock Analysis Report Prudential Financial, Inc. (PRU): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Sanofi (SNY): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-02-14,20.855,20.8959,20.5443,20.807,"Duke Energy Corporation (DUK) Ex-Dividend Date Scheduled for February 15, 2017 Duke Energy Corporation ( DUK ) will begin trading ex-dividend on February 15, 2017. A cash dividend payment of $0.855 per share is scheduled to be paid on March 16, 2017. Shareholders who purchased DUK prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DUK has paid the same dividend. The previous trading day's last sale of DUK was $78.69, representing a -10.32% decrease from the 52 week high of $87.75 and a 8.78% increase over the 52 week low of $72.34. DUK is a part of the Public Utilities sector, which includes companies such as Exelon Corporation ( EXCU ) and Exelon Corporation ( EXC ). DUK's current earnings per share, an indicator of a company's profitability, is $4.14. Zacks Investment Research reports DUK's forecasted earnings growth in 2016 as 3.21%, compared to an industry average of -3.1%. For more information on the declaration, record and payment dates, visit the DUK Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DUK through an Exchange Traded Fund [ETF]? The following ETF(s) have DUK as a top-10 holding: Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ). The top-performing ETF of this group is RYU with an increase of 0.66% over the last 100 days. It also has the highest percent weighting of DUK at 3.02%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-02-15,20.6244,20.7367,20.5061,20.7239,
EXC,2017-02-16,20.7239,20.855,20.6742,20.8413,"Verition Fund Management LLC Buys Suncor Energy, Exelon, American Electric Power Co, Sells ... Verition Fund Management LLC New Purchases: SU , EXC , CTXS , HAR, MRK, BIIB, SRE, CA, MGA, NWE, Added Positions:AEP, PNW, PCG, MDT, DTE, IWM, APD, NI, SWK, LOW, Reduced Positions:GXP, NJR, XEL, LRCX, NEE, CELG, GOOGL, LPX, ATO, ANTM, Sold Out:NXPI, INTC, WR, PII, BRK.B, NTB, AVGO, AAPL, MCHI, ON, For the details of Verition Fund Management LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Verition+Fund+Management+LLC These are the top 5 holdings of Verition Fund Management LLC SPDR S&P 500 ( SPY ) - 184,600 shares, 4.2% of the total portfolio. SPDR S&P 500 ( SPY ) - 130,100 shares, 2.96% of the total portfolio. General Motors Co (GM.WS.B) - 1,440,000 shares, 2.51% of the total portfolio. Lions Gate Entertainment Corp (LGF.B) - 971,500 shares, 2.43% of the total portfolio. PG&E Corp ( PCG ) - 189,299 shares, 1.17% of the total portfolio. Shares added by 101.42% New Purchase: Suncor Energy Inc ( SU ) Verition Fund Management LLC initiated holdings in Suncor Energy Inc. The purchase prices were between $27.57 and $33.31, with an estimated average price of $30.65. The stock is now traded at around $32.45. The impact to the portfolio due to this purchase was 1.01%. The holdings were 305,103 shares as of 2016-12-31. New Purchase: Exelon Corp ( EXC ) Verition Fund Management LLC initiated holdings in Exelon Corp. The purchase prices were between $30 and $35.75, with an estimated average price of $33.24. The stock is now traded at around $35.22. The impact to the portfolio due to this purchase was 1%. The holdings were 275,813 shares as of 2016-12-31. New Purchase: Citrix Systems Inc ( CTXS ) Verition Fund Management LLC initiated holdings in Citrix Systems Inc. The purchase prices were between $66.15 and $73.31, with an estimated average price of $69.14. The stock is now traded at around $80.16. The impact to the portfolio due to this purchase was 0.31%. The holdings were 68,892 shares as of 2016-12-31. New Purchase: Harman International Industries Inc (HAR) Verition Fund Management LLC initiated holdings in Harman International Industries Inc. The purchase prices were between $77.58 and $111.16, with an estimated average price of $96.53. The stock is now traded at around $111.14. The impact to the portfolio due to this purchase was 0.3%. The holdings were 26,098 shares as of 2016-12-31. New Purchase: Merck & Co Inc (MRK) Verition Fund Management LLC initiated holdings in Merck & Co Inc. The purchase prices were between $58.43 and $64.96, with an estimated average price of $61.33. The stock is now traded at around $65.16. The impact to the portfolio due to this purchase was 0.3%. The holdings were 50,824 shares as of 2016-12-31. New Purchase: Biogen Inc (BIIB) Verition Fund Management LLC initiated holdings in Biogen Inc. The purchase prices were between $251.91 and $298.81, with an estimated average price of $273.04. The stock is now traded at around $292.64. The impact to the portfolio due to this purchase was 0.27%. The holdings were 10,267 shares as of 2016-12-31. Added: American Electric Power Co Inc (AEP) Verition Fund Management LLC added to the holdings in American Electric Power Co Inc by 1633.29%. The purchase prices were between $58.16 and $64.84, with an estimated average price of $61.67. The stock is now traded at around $63.29. The impact to the portfolio due to this purchase was 0.8%. The holdings were 132,181 shares as of 2016-12-31. Added: Pinnacle West Capital Corp (PNW) Verition Fund Management LLC added to the holdings in Pinnacle West Capital Corp by 1560.75%. The purchase prices were between $72.69 and $78.25, with an estimated average price of $74.98. The stock is now traded at around $78.00. The impact to the portfolio due to this purchase was 0.6%. The holdings were 80,895 shares as of 2016-12-31. Added: PG&E Corp ( PCG ) Verition Fund Management LLC added to the holdings in PG&E Corp by 101.42%. The purchase prices were between $58.04 and $62.12, with an estimated average price of $59.9. The stock is now traded at around $62.94. The impact to the portfolio due to this purchase was 0.59%. The holdings were 189,299 shares as of 2016-12-31. Added: Medtronic PLC (MDT) Verition Fund Management LLC added to the holdings in Medtronic PLC by 1589.71%. The purchase prices were between $71.23 and $86.39, with an estimated average price of $78.56. The stock is now traded at around $77.70. The impact to the portfolio due to this purchase was 0.56%. The holdings were 81,596 shares as of 2016-12-31. Added: DTE Energy Co (DTE) Verition Fund Management LLC added to the holdings in DTE Energy Co by 693.58%. The purchase prices were between $90.97 and $98.93, with an estimated average price of $94.46. The stock is now traded at around $97.96. The impact to the portfolio due to this purchase was 0.45%. The holdings were 51,884 shares as of 2016-12-31. Added: iShares Russell 2000 (IWM) Verition Fund Management LLC added to the holdings in iShares Russell 2000 by 484.23%. The purchase prices were between $115 and $138.31, with an estimated average price of $128.01. The stock is now traded at around $139.59. The impact to the portfolio due to this purchase was 0.34%. The holdings were 30,158 shares as of 2016-12-31. Sold Out: NXP Semiconductors NV (NXPI) Verition Fund Management LLC sold out the holdings in NXP Semiconductors NV. The sale prices were between $96.59 and $104.49, with an estimated average price of $99.37. Sold Out: Intel Corp (INTC) Verition Fund Management LLC sold out the holdings in Intel Corp. The sale prices were between $33.61 and $38.1, with an estimated average price of $35.81. Sold Out: Westar Energy Inc (WR) Verition Fund Management LLC sold out the holdings in Westar Energy Inc. The sale prices were between $56.16 and $57.38, with an estimated average price of $56.85. Sold Out: Polaris Industries Inc (PII) Verition Fund Management LLC sold out the holdings in Polaris Industries Inc. The sale prices were between $74.02 and $90.72, with an estimated average price of $81.56. Sold Out: Berkshire Hathaway Inc (BRK.B) Verition Fund Management LLC sold out the holdings in Berkshire Hathaway Inc. The sale prices were between $142.95 and $166.62, with an estimated average price of $153.96. Sold Out: Bank of N.T Butterfield & Son Ltd (NTB) Verition Fund Management LLC sold out the holdings in Bank of N.T Butterfield & Son Ltd. The sale prices were between $24.77 and $32.76, with an estimated average price of $28.05. Warning! GuruFocus has detected 6 Warning Sign with AEP. Click here to check it out. AEP 15-Year Financial Data The intrinsic value of AEP Peter Lynch Chart of AEP Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-02-17,20.8677,20.9605,20.6478,20.939,"Southern Company (SO): Stock Poised to Beat Earnings in Q4? We expect electric utility firm Southern CompanySO to beat expectations when it reports fourth-quarter 2016 results before the opening bell on Wednesday, Feb 22. What Investors Need to Know The company's stock performance has been pretty unimpressive lately. Southern Company has underperformed the Zacks categorized 'Utility-Electric Power' industry across the past six months- and 1-year periods. In fact, Southern Company scrip has lost 1.5% in the past 1 year, compared to the industry which has advanced almost 2% over the same period. Moreover, The Atlanta, GA-based service provider has a poor industry rank. It is one of the major players in the 'Utility-Electric Power' industry, which is ranked 149 out of the 265 industries in our coverage (bottom 44%). Southern Company also has a Zacks Rank #3 (Hold), so fundamentals are pretty tepid for this stock. Therefore, it will be up to this coming release to help improve the price performance and set the trend for 2017. However, on an encouraging note, the power supplier has an excellent record: its beaten estimates in each of the last four quarters, resulting in an average positive surprise of 7.71%, as you can see in the chart below: Southern Company (The) Price and EPS Surprise Southern Company (The) Price and EPS Surprise | Southern Company (The) Quote To make things better, it has a 'B' for its VGM Score . In the preceding three-month period, Southern Company delivered a positive earnings surprise of 9.40% on robust performance from its wholesale unit and favorable weather conditions. Let's see how things are shaping up for this announcement. Why a Likely Positive Surprise? Our proven model shows that Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. EXC - is likely to beat earnings in the to-be-reported quarter because it has the right combination of two key ingredients. Zacks ESP:Earnings ESP for this company is +6.45%. This is because the Most Accurate estimate stands at 33 cents, whereas the Zacks Consensus Estimate is pegged lower at 31 cents. A favorable Zacks ESP serves as a meaningful indicator of a likely positive earnings surprise. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank: Southern Company carries a Zacks Rank #3 (Hold) which, when combined with a positive ESP, makes us confident of an earnings beat. Note that stocks with Zacks Ranks #1 (Strong Buy), 2 (Buy) or 3 have a significantly higher chance of beating earnings. On the other hand, the Sell-rated stocks (#4 or 5) should never be considered going into an earnings announcement. What is Driving the Better-Than-Expected Earnings? A leading utility holding entity in the U.S., Southern Company dominates the power business across the Southeast. With a strong rate base growth and constructive regulation, we expect the firm to generate steady earnings. Also, with operations in a stable and growing industry, Southern Company has a steady stream of cash flow. The utility's history of consistent dividend payments indicates its confidence in itself. We further believe that the AGL Resources acquisition will be accretive to Southern Company earnings. Finally, strong performance from its large regulated asset base is expected to favorably affect Southern Company's fourth quarter overall electricity sales and usage. Other Stocks to Consider Southern Company is not the only utility looking up this earnings season. Here are some companies from the space which, according to our model, also have the right combination of elements to post earnings beat this quarter: Spark Energy Inc. SPKE has an Earnings ESP of +14.43% and a Zacks Rank #1. The utility is expected to release earnings results on Mar 9. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Pinnacle West Capital Corp. PNW has an Earnings ESP of +2.04% and a Zacks Rank #2. The utility is likely to release earnings on Feb 24. Just Released - Driverless Cars: Your Roadmap to Mega-Profits Today In this latest Special Report, Zacks' Aggressive Growth Strategist Brian Bolan explores a full-blown technological breakthrough in the making - autonomous cars. He also spotlights 8 stocks with tremendous gain potential to feed off this phenomenon. Click to see the stocks right now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Southern Company (The) (SO): Free Stock Analysis Report Spark Energy, Inc. (SPKE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-02-21,20.8266,21.1969,20.7436,21.1372,"Is Exelon (EXC) a Great Stock for Value Investors? Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn't want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. Let's put Exelon CorporationEXC stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This shows us how much investors are willing to pay for each dollar of earnings in a given stock, and is easily one of the most popular financial ratios in the world. The best use of the PE ratio is to compare the stock's current PE ratio with: a) where this ratio has been in the past; b) how it compares to the average for the industry/sector; and c) how it compares to the market as a whole. On this front, Exelon Corporation has a trailing twelve months PE ratio of 13.28, as you can see in the chart below: P/S Ratio Another key metric to note is the Price/Sales ratio. This approach compares a given stock's price to its total sales, where a lower reading is generally considered better. Some people like this metric more than other value-focused ones because it looks at sales, something that is far harder to manipulate with accounting tricks than earnings. Right now, Exelon has a P/S ratio of about 1.05. This is a bit lower than the S&P 500 average, which comes in at 3.17 right now. Also, as we can see in the chart below, this is well below the highs for this stock in particular over the past few years. Broad Value Outlook In aggregate, Exelon currently has a Zacks Value Style Score of 'A', putting it into the top 20% of all stocks we cover from this look. This makes Exelon a solid choice for value investors, and some of its other key metrics make this pretty clear too. For example, the P/CF ratio of Exelon (another great indicator of value) comes in at 3.70, which is lower than the industry average of 7.09. Clearly, EXC is a solid choice on the value front from multiple angles. What About the Stock Overall? Though Exelon might be a good choice for value investors, there are plenty of other factors to consider before investing in this name. In particular, it is worth noting that the company has a Growth grade of 'C' and a Momentum score of 'A'. This gives EXC a Zacks VGM score-or its overarching fundamental grade-of 'A'. (You can read more about the Zacks Style Scores here >> ) Meanwhile, the company's recent earnings estimates have been mixed at best. The current quarter has seen one estimate go higher in the past sixty days compared to one lower, while the full year estimate has seen six up and one down in the same time period. This has had a modest impact on the consensus estimate though as the current quarter consensus estimate has dropped 10.9% in the past two months, while the full year estimate has decreased 2.3%. You can see the consensus estimate trend and recent price action for the stock in the chart below: Exelon Corporation Price and Consensus Exelon Corporation Price and Consensus | Exelon Corporation Quote This somewhat dismal trend is why the stock has just a Zacks Rank #3 (Hold) and why we are looking for in-line performance from the company in the near term. Bottom Line Exelon is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front. However, with a sluggish industry rank (among bottom 45%) and a Zacks Rank #3, it is hard to get too excited about this company overall. In fact, over the past two years, the Zacks Utility-Electric Power has clearly underperformed the broader market, as you can see below: The Best Place to Start Your Stock Search Today, you are invited to download the full list of 220 Zacks Rank #1 """"Strong Buy"""" stocks - absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 """"Strong Sells"""" and other private research. See these stocks free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-02-22,21.0962,21.1372,20.8266,21.0015,"Southern Company (SO) Q4 Earnings Disappoint, Revenues Beat Power supplier Southern CompanySO reported fourth-quarter 2016 earnings per share (excluding certain one-time items) of 24 cents, below the Zacks Consensus Estimate of 31 cents and the year-ago adjusted profit of 44 cents. The weak numbers can be attributed to increased operations and maintenance costs. The Atlanta-based utility's quarterly revenue - at $5,181 million - came 45% higher than the fourth-quarter 2015 level of $3,568 million and was also ahead of the Zacks Consensus Estimate of $4,582.6 million amid robust performance from its wholesale unit and favorable weather impact. Overall Sales Breakup While wholesale sales jumped 31.1%, Southern Company's retail electricity demand also increased amid favorable weather conditions. This brought about an upward movement in overall electricity sales and usage. In fact, total electricity sales during the fourth quarter was up 6.2% from the same period last year. Southern Company's total retail sales rose 1.7%, with residential and commercial sales were up by 8.7% and 0.5%, respectively. However, demand from industrial customers fell 2.4% from the year-ago period. Southern Company (The) Price, Consensus and EPS Surprise Southern Company (The) Price, Consensus and EPS Surprise | Southern Company (The) Quote Expenses Summary Southern Company's operations and maintenance cost increased 48% to $1,624 million, while the utility's total operating expense for the period - at $4,594 million - was up 54% from the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. EXC and Duke Energy Corp. DUK - currently retains a Zacks Rank #3 (Hold). A better-ranked player from the same industry would be Fortis Inc. FTS . This Zacks Rank #1 (Strong Buy) stock offers excellent value and is worth buying now. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Incorporated in 1987, Fortis is a regulated electric and natural gas utility with operations spread all over North America. The Canada-based utility's expected EPS growth rate for 3 to 5 years currently stands at 6% -- comparing favorably with the industry growth rate of 5.20%. Zacks' Top Investment Ideas for Long-Term Profit How would you like to see our best recommendations to help you find today's most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Southern Company (The) (SO): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report Fortis Inc. (FTS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-02-23,21.0835,21.2897,21.026,21.1735,
EXC,2017-02-24,21.2741,21.8857,21.1539,21.8799,"[""A Strong Case for Buying Exelon Corporation Power generation and utilities holding company Exelon Corporation (NYSE: EXC) is no stranger to income investors. The stock pays out an above-average dividend yielding over 3.6%, which is supported by a strong and predictable operating cash flow year in and year out. And thanks to the nature of its business -- regulated utilities and an expansive portfolio of competitive power generation -- the dividend is relatively safe. In fact, shareholders have received a payout each quarter for several decades. But the dividend is not the company's chief concern. Despite a 27% gain in 2016 -- 32% with dividends included -- Exelon Corporation stock has struggled to return value to shareholders outside of its quarterly payout. The stock has lost 43% in the last decade, which improves to a loss of just 14% when dividends are included -- far below the returns of the S&P 500 in that period. That means investors not persuaded by the dividend may not bother to consider buying Exelon Corporation. However, while a recent history of lackluster performance is indisputable, a closer look at management's long-term strategy and diversification initiatives provides a strong case for all investors to considering buying the stock. Reversing an ugly trend One of the chief reasons for the stock's ho-hum performance in the last 10 years is simple: Growing revenue is not resulting in gains in net income. In 2006, each dollar of revenue resulted in $0.25 of net income, but that slipped to just $0.036 in 2016. The trend has resulted in the largest gap between revenue growth and net income growth in the company's history. EXC Revenue (Annual) data by YCharts . Regulations and competition have been significant factors in this trend, but investors have worried that the company wasn't doing enough to combat industry headwinds. That forced management to act, and full-year 2016 financial results and future guidance demonstrate important signs of progress against long-term goals. Two factors are expected to lead to improving operations. First, Exelon Corporation will spend substantially less on utilities operations and generate significantly more revenue in the next four years. After a large push to improve reliability in recent years (which lowers long-term costs), total capital expenditures for utilities are expected to fall 8.6% from 2017 to 2020. Meanwhile, rate base growth is expected to result in a 29% increase in revenue during the period. Management expects full-year 2017 EPS from utilities in the range of $1.40 to $1.70, which is easily above the $1.12 achieved last year. Current expectations call for GAAP EPS from utilities to steadily increase to $1.70 in 2018, $1.80 in 2019, and $1.90 in 2020 (using the midpoint for each yearly range). The exact numbers are almost guaranteed to change, but nonetheless demonstrate confidence that the business will change for the better. Second, the generation business is expected to perform substantially better than previously thought. That's almost entirely due to the quickly changing fortunes of the company's nuclear fleet. Exelon Corporation tried in vain to convince the state of Illinois to include carbon-free nuclear operations in its Clean Energy Standard, which would have provided a small subsidy for atomic energy. After the company held firm on its plan to close two power plants in the state in 2017 and 2018, the Illinois State Legislature agreed to provide a Zero Emission Credit (ZEC) of $0.01 per kWh from nuclear generation. There are strings attached to the ZEC, but when combined with a similar incentive in the state of New York, it provides quite a bit more breathing room. Exelon Corporation updated its guidance through 2019 to include an additional $2.8 billion in gross profit compared to earlier scenarios that factored in the closing of the two nuclear power plants. It's important to note that even with the ZEC in Illinois and New York, the generation business will see its gross profit decline from 2017 to 2019 -- it will simply decline less than previously expected. That said, an earnings benefit will be derived from a planned decrease in capital expenditures. Management expects to spend $2.85 billion on generation this year, but just $1.85 billion in 2020. A combination of decreasing capital expenditures, increasing reliability, and improved gross margin will lead to an expected $6.8 billion in free cash flow generation between this year and 2020. Roughly half will be dedicated to debt reduction for generation and holding companies, which shouldn't be overlooked. Exelon Corporation spent $1.5 billion on interest expenses alone in 2016 -- a more than $500 million increase from the prior year. The other half of the $6.8 billion in free cash flow will be invested in growth opportunities and the continued improvement of utilities. What does it mean for investors? Successful execution of management's plan for healthier, more robust operations outlined above should provide plenty of reasons for Exelon Corporation stock to rise in the next several years. That certainly would be welcomed by shareholders that have struggled with dismal stock performance over the last decade. It also builds a strong case for any investor with a long-term mindset to consider buying shares. 10 stocks we like better than Exelon When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Exelon wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of February 6, 2017 Maxx Chatsko has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mid-Afternoon Market Update: Acacia Communications Drops On Weak Outlook; RH Shares Spike Higher Toward the end of trading Friday, the Dow traded down 0.26 percent to 20,755.65 while the NASDAQ declined 0.15 percent to 5,826.64. The S&P also fell, dropping 0.20 percent to 2,359.05. Leading and Lagging Sectors Utilities shares climbed by 0.64 percent in trading on Friday. Meanwhile, top gainers in the sector included Exelon Corporation (NYSE: EXC ), and FirstEnergy Corp. (NYSE: FE ). In trading on Friday, energy shares fell by 1.30 percent. Meanwhile, top losers in the sector included BP Prudhoe Bay Royalty Trust (NYSE: BPT ), down 14 percent, and Gulf Island Fabrication, Inc. (NASDAQ: GIFI ), down 13 percent. Top Headline J C Penney Company Inc (NYSE: JCP ) reported better-than-expected earnings for its fourth quarter and announced plans to close around 130-140 stores. J C Penney said it plans to close two distribution facilities and shut about 130-140 stores over the next few months as the challenging retail environment is eating in to the sales of department store operators. The announcement of planned store closures comes as the company reported an EPS beat for the fourth quarter, but sales fell short of consensus. JC Penney recorded a 0.7 percent drop in same-store sales for the holiday quarter. Equities Trading UP Cempra Inc (NASDAQ: CEMP ) shares shot up 44 percent to $4.53 after the company disclosed that fusidic acid achieved primary endpoint in Phase 3 study of ABSSSI. Shares of RH (NYSE: RH ) got a boost, shooting up 27 percent to $32.10 after the company reported strong preliminary results for its fourth quarter. The company also announced a $300 million buyback plan. Applied Optoelectronics Inc (NASDAQ: AAOI ) shares were also up, gaining 27 percent to $47.60 after reporting upbeat quarterly results. Equities Trading DOWN Nordic American Offshore Ltd. (NYSE: NAO ) shares dropped 39 percent to $1.245. Nordic American Offshore priced its upsized offering of 40 million shares at $1.25 per share. Shares of FunctionX Inc (NASDAQ: FNCX ) were down around 23 percent to $0.990. FunctionX priced its 4.5 million share offering at $1.05 per share. Acacia Communications, Inc. (NASDAQ: ACIA ) was down, falling around 14 percent to $54.34 after the company issued a weak forecast for the current quarter. However, the company's Q4 results exceeded expectations. Commodities In commodity news, oil traded down 0.84 percent to $53.99 while gold traded up 0.53 percent to $1,258.00. Silver traded up 1.18 percent Friday to $18.40, while copper rose 1.09 percent to $2.69. Eurozone European shares closed lower today. The eurozone's STOXX 600 fell 0.76 percent, the Spanish Ibex Index fell 0.42 percent, while Italy's FTSE MIB Index declined 1.18 percent. Meanwhile the German DAX dropped 1.20 percent, and the French CAC 40 fell 0.94 percent while U.K. shares fell 0.38 percent. Economics New home sales rose 3.7 percent to an annual rate of 555,000 in January. Economists were expecting a 570,000 annual pace. The University of Michigan's consumer sentiment index rose to 96.30 in February, versus a prior reading of 95.70. Economists projected a reading of 96.00. \u00a9 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Profit with More New & Research . Gain access to a streaming platform with all the information you need to invest better today. Click here to start your 14 Day Trial of Benzinga Professional The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-02-27,21.8251,21.831,21.4167,21.5204,"Stock Market News for February 27, 2017 Benchmarks finished in positive territory on Friday after gains in utilities stocks offset declines in financials and energy sectors. The Dow reached its highest level for 11 consecutive sessions, its longest such streak since 1987. The blue-chip index also increased for 11 straight trading days for the first time in 25 years. Although all the three key indexes ended in the green on Friday, the gains were minimal owing to concerns among investors over the time frame in which President Trump will implement his economic policies. Meanwhile, the major indexes registered weekly gains, with the Dow increased for three straight weeks, the S&P 500 and Nasdaq posted fifth consecutive weekly gains. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article. The Dow Jones Industrial Average (DJI) increased 0.1%, to close at 20,821.76. The S&P 500 rose 0.2% to close at 2,367.34. The tech-laden Nasdaq Composite Index closed at 5,845.31, also gaining 0.2%. The fear-gauge CBOE Volatility Index (VIX) declined 2.1% to settle at 11.47. A total of around 6.75 billion shares were traded on Friday lower than the last 20-session average of 6.8 billion shares. Advancers outpaced declining stocks on the NYSE. What Boosted The Benchmarks? Shares of Public Service Enterprise Group Incorporated ( PEG ) rose 3.1% after the company reported fourth-quarter adjusted operating earnings of 54 cents per share, which exceeded the Zacks Consensus Estimate of 52 cents. Earnings also improved 8% on a year-over-year basis. (Read More: Public Service Tops Q4 Earnings, Revenues Drop Y/Y ) Gains in Public Service Enterprise Group led the Utilities Select Sector SPDR (XLU) to advance 1.5% and emerge as the best performing sector among the S&P 500. Some of its key holdings including Exelon Corporation ( EXC ) and FirstEnergy Corp. ( FE ) rose 3.3% and 3%, respectively. Friday's gains were mostly broad-based with most of the major S&P 500 sectors closed in the green while financial and energy sectors ended in negative territory. Both these two sectors were major performers after Trump's victory in U.S. Presidential election. Recently, Trump's polices including tax cuts, repealing regulations and pickup in infrastructure outlays restored expectations of a pro-growth agenda. However, investors remained skeptical on Friday over Trump administration's ability to implement his economic policies this year and wait for clues as Trump is set to speak at a joint Congress session Tuesday night. The Financial Select Sector SPDR (XLF) fell 0.8%. Key component from this sector like Sachs Group, Inc. ( GS ) and JPMorgan Chase & Co. ( JPM ) decreased 1.5% and 0.9%, respectively. Both the Dow components hold a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Additionally, oil prices fell after Baker Hughes Incorporated ( BHI ) reported that last week U.S. oil rig counts increased, by 5 rigs to 602, registering its six consecutive weeks of gains. Both WTI and Brent crude fell 0.9% and 1.1% to $53.99 per barrel and $55.99 a barrel, respectively. Decline in oil prices led the Energy Select Sector SPDR (XLE) to fall 1% and emerge as the worst performing sector in the S&P 500. Some of its key holdings including Chevron Corporation ( CVX ) and Exxon Mobil Corporation ( XOM ) fell 0.8% and 0.9%, respectively. Weekly Roundup For the week, the Dow, S&P 500 and Nasdaq rose 1%, 0.7% and 0.1%, respectively after President Trump vowed to bring back millions of jobs to the U.S. Additionally, upbeat earnings reports from Wal-Mart and Home Depot also boosted investor sentiment. However, some of last week's gains were curtailed after minutes from the Fed's last meeting showed that the central bank is comfortable in hiking rates ""fairly soon"". Stocks That Made Headlines Telephone & Data Systems Posts In-Line Earnings in Q4 Telephone & Data Systems Inc. ( TDS ) reported mixed financial results in the fourth quarter of 2016. ( Read More ) United States Cellular Tops Q4 Earnings, Revenues Lag United States Cellular Corp. ( USM ) posted mixed financial results in the fourth quarter of 2016. ( Read More ) American Tower Beats on Q4 Earnings, Revenues Lag American Tower Corp. ( AMT ) reported mixed financial numbers in the fourth quarter of 2016. ( Read More ) Now See Our Private Investment Ideas While the above ideas are being shared with the public, other trades are hidden from everyone but selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum . . . from stocks under $10 to ETF and option moves . . . from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report FirstEnergy Corporation (FE): Free Stock Analysis Report Goldman Sachs Group, Inc. (The) (GS): Free Stock Analysis Report J P Morgan Chase & Co (JPM): Free Stock Analysis Report Chevron Corporation (CVX): Free Stock Analysis Report Exxon Mobil Corporation (XOM): Free Stock Analysis Report Baker Hughes Incorporated (BHI): Free Stock Analysis Report Telephone and Data Systems, Inc. (TDS): Free Stock Analysis Report United States Cellular Corporation (USM): Free Stock Analysis Report American Tower Corporation (REIT) (AMT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-02-28,21.4617,21.6952,21.448,21.6024,"T Rowe Price Keeps Buying Exelon, Pepsi, Others T. Rowe Price Equity Income Fund, in both of the last two quarters, increased its stake in the following stocks: EQT Corp. ( EQT ) During the third quarter of 2016, the guru increased its stake by 19.72% and in the fourth quarter increased it by 3.09%. The guru currently holds 0.47% of outstanding shares of the natural gas exploration and production company. It conducts its business through two business segments, namely EQT Production and EQT Midstream. Fourth quarter net loss attributable to EQT was $192.0 million, or $1.11 loss per share, compared to a net loss attributable to EQT of $134.6 million, or 88 cents per share in the fourth quarter of a year before. It reported adjusted net income of $43.8 million, compared to adjusted net loss of $10.5 million, and adjusted EPS was 25 cents, up from adjusted loss per share of 7 cents. Chris Davis ( Trades , Portfolio ) is the largest shareholder among the gurus with 1.71% of outstanding shares followed by NWQ Managers (Trades, Portfolio) with 1.04%, Stanley Druckenmiller (Trades, Portfolio) with 0.08%, RS Investment Management (Trades, Portfolio) with 0.05%, Pioneer Investments (Trades, Portfolio) with 0.04%, Ray Dalio (Trades, Portfolio) with 0.03% and Keeley Asset Management Corp (Trades, Portfolio) with 0.01%. Becton, Dickinson and Co. ( BDX ) During the third quarter of 2016, the investor increased its stake by 12.79% and slightly increased it again by 1.44% in the fourth quarter. The guru currently holds 0.4% of outstanding shares of the medical technology company, engaged in the manufacture and sale of medical devices, instrument systems and reagents used by health care institutions, life science researchers, general public and clinical laboratories. First quarter revenues decreased 2.1% year over year, diluted earnings per share of $2.58 increased 143.4% and adjusted, diluted earnings per share of $2.33 increased 18.9% The largest shareholder among the gurus is Vanguard Health Care Fund (Trades, Portfolio) with 0.88% of outstanding shares followed by Jeremy Grantham (Trades, Portfolio) with 0.36%, Jim Simons (Trades, Portfolio) with 0.16%, Pioneer Investments with 0.12%, Mario Gabelli (Trades, Portfolio) with 0.06%, Robert Olstein (Trades, Portfolio) with 0.02% and Dalio with 0.01%. Exelon Corp. ( EXC ) During the third quarter of 2016, the guru increased its position by 42.68%. In the fourth quarter again it added to its position by 1.28%. The guru currently holds 0.44% of outstanding shares of the utility services holding company engaged through Generation in the energy generation business, and through ComEd, PECO and BGE in the energy delivery businesses. Fourth quarter net income decreased to 22 cents per share from 33 cents per share in the same quarter of the prior year and adjusted (non-GAAP) operating earnings increased to 44 cents per share from 38 cents per share in the same quarter of 2015. Charles Brandes (Trades, Portfolio) is another notable shareholder among the gurus with 0.22% of outstanding shares followed by Richard Pzena (Trades, Portfolio) with 0.05%, Pioneer Investments with 0.04%, Dalio with 0.02%, Paul Tudor Jones (Trades, Portfolio) with 0.01%, NWQ Managers with 0.01% and Richard Snow (Trades, Portfolio) with 0.01%. PepsiCo Inc. ( PEP ) During the third quarter of 2016, the investor increased its holding by 3.49% and again by 1.69% in the fourth quarter. The guru currently holds 0.16% of outstanding shares of the food, snack and beverage company. It manufactures, markets, distributes and sells convenient and enjoyable beverages, foods and snacks, serving customers and consumers in more than 200 countries and territories. During the fourth quarter operating profit increased 6% and core constant currency operating profit increased 15%. The company reported an increase of 5% for net revenue. The largest shareholder among the gurus is Donald Yacktman (Trades, Portfolio) with 0.62% of outstanding shares followed by Yacktman Fund (Trades, Portfolio) with 0.39%, Ken Fisher (Trades, Portfolio) with 0.38%, Pioneer Investments with 0.26%, Yacktman Focused Fund (Trades, Portfolio) with 0.22%, Simons with 0.16%, David Carlson (Trades, Portfolio) with 0.07%, Diamond Hill Capital (Trades, Portfolio) with 0.06% and Grantham with 0.06%. Hess Corp. ( HES ) During the third quarter, the investor increased its stake by 21.42% and by 13.63% in the fourth quarter. The guru currently holds 1.0% of outstanding shares of the exploration and production (E&P) company that develops, produces, purchases, transports and sells crude oil and natural gas. The company operates in two segments: E&P and Retail Marketing. The company reported net loss of $4,892 million, or $15.65 per common share for the fourth quarter compared with a net loss of $1,821 million, or $6.43 per common share in the fourth quarter of a year before. Adjusted net loss was $305 million, or $1.01 per common share, compared with an adjusted net loss of $396 million, or $1.40 per common share in the same quarter of 2015. Paul Singer (Trades, Portfolio) is the largest shareholder among the gurus with 5.94% of outstanding shares followed by HOTCHKIS & WILEY with 2.41%, Barrow, Hanley, Mewhinney & Strauss with 0.92%, NWQ Managers with 0.58%, Leon Cooperman (Trades, Portfolio) with 0.3%, Michael Price (Trades, Portfolio) with 0.16 %, Steven Cohen (Trades, Portfolio) with 0.07%, Simons with 0.06% and Jim Chanos (Trades, Portfolio) with 0.04%. Twenty-First Century Fox Inc. Class B ( FOX ) During the third quarter, the firm increased its position by 7.51% and in the fourth quarter added again to its stake with another increase by 1.20%. The guru currently holds 0.52% of outstanding shares of the diversified media and entertainment company. It operates in five business segments: Cable Network Programming, Television, Filmed Entertainment, and Other Corporate and Eliminations. During the second quarter total quarterly revenues increased 4% from the prior year quarter. Quarterly income from continuing operations attributable to stockholders was $857 million or 46 cents per share, as compared to $674 million or 34 cents per share reported in the prior year quarter. The largest shareholder among the gurus is Jeff Ubben (Trades, Portfolio) with 2.88% of outstanding shares followed by Yacktman with 1.43%, Dodge & Cox with 0.76%, Yacktman Focused Fund with 0.76%, Yacktman Fund with 0.48%, Seth Klarman (Trades, Portfolio) with 0.39% and Diamond Hill Capital with 0.38%. Anthem Inc. (ANTM) During the third quarter the investor increased its holding by 18.68% and in the fourth quarter by 1.90%. The guru currently holds 0.67% of outstanding shares of the health benefits company which offers a spectrum of network-based managed care plans to the large and small employer, individual, Medicaid and Medicare markets. Fourth quarter net income was $368.4 million, or $1.37 per share compared to $180.9 million, or 68 cents per share in the same quarter of the prior year and adjusted net income was $1.76 per share compared to the adjusted net income of $1.14 per share in the prior-year quarter. The largest shareholder among the gurus is Barrow, Hanley, Mewhinney & Strauss with 3.05% of outstanding shares followed by Larry Robbins (Trades, Portfolio) with 2.22%, HOTCHKIS & WILEY with 1.38%, Vanguard Health Care Fund with 1.33%, Dodge & Cox with 1.14%, First Eagle Investment (Trades, Portfolio) with 1.04%, Simons with 0.64% and Yacktman with 0.39%. Total SA ADR (TOT) During the third quarter, the guru increased its stake 23.20% and in the fourth quarter increased it again by 2.27%. The guru currently holds 0.25% of outstanding shares of the integrated oil and gas company. It explores and develops oil and gas properties, liquefied natural gas, petrochemicals and specialty chemicals. It is also engaged in trading and shipping of crude oil and petroleum products. Brandes is another notable shareholder of the company among the gurus, with 0.03% of outstanding shares followed by Sarah Ketterer (Trades, Portfolio) with 0.02% and Tweedy Browne (Trades, Portfolio) with 0.01%. Disclosure: I do not own any shares of any stocks mentioned in this article. Start a free seven-day trial of Premium Membership to GuruFocus. Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-03-01,21.3728,21.4617,21.1911,21.2233,
EXC,2017-03-02,21.1783,21.5545,21.1021,21.4334,
EXC,2017-03-03,21.4256,21.4256,21.1325,21.3728,
EXC,2017-03-06,21.3015,21.3581,21.1735,21.2233,"Now there’s a way to invest and save democracy at the same time Companies with high scores on ‘sustainable democracy’ tend to outperform the broader market, studies suggest Companies with high scores on ‘sustainable democracy’ tend to outperform the broader market, studies suggest."
EXC,2017-03-07,21.2956,21.3953,21.1969,21.2623,
EXC,2017-03-08,21.0728,21.1315,20.8959,21.0201,
EXC,2017-03-09,21.0084,21.1735,20.978,21.0543,
EXC,2017-03-10,21.1539,21.2741,21.0201,21.1686,
EXC,2017-03-13,21.1686,21.2233,21.0641,21.1471,"IDU, EXC, AEP, SRE: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $25.5 million dollar outflow -- that's a 3.6% decrease week over week (from 5,600,000 to 5,400,000). Among the largest underlying components of IDU, in trading today Exelon Corp (Symbol: EXC) is down about 0.1%, American Electric Power Company, Inc. (Symbol: AEP) is up about 0.1%, and Sempra Energy (Symbol: SRE) is up by about 0.2%. For a complete list of holdings, visit the IDU Holdings page » The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $113.89 per share, with $132.34 as the 52 week high point - that compares with a last trade of $127.43. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-03-14,21.109,21.109,20.9253,20.9713,"Slower-Than-Expected Adoption Causes EnerNOC, Inc. to Explore Strategic Alternatives On the one hand, EnerNOC (NASDAQ: ENOC) delivered a solid showing for its seasonally slow fourth quarter because its results were better than expected. Furthermore, the company announced that it won several contracts recently. That said, the near-term opportunity for its solutions hasn't materialized as quickly as it expected, which is leading it to explore a variety of alternatives for its business, including a sale of the entire company. EnerNOC results: The raw numbers Data source: EnerNOC. What happened with EnerNOC this quarter? Demand response saved the day: EnerNOC's revenue declined versus the year-ago period due in part to the recent sales of several non-core businesses. That said, revenue came in above the high end of the company's $40 million to $50 million guidance range thanks to recent contract wins. Demand response revenue was up 6.2% versus last year's fourth quarter to $34.8 million, which was well above the high end of its $25 million to $30 million guidance range. Software revenue, on the other hand, plunged 42.1% to $15.3 million, which was right at the bottom of its $15 million to $20 million forecast. That said, the company did grow full-year software subscription revenue by 40% when adjusting for a divested product line. The company's loss was also less than expected. Heading into the quarter, the company expected adjusted EBITDA to be a negative $16 million to $22 million. However, EnerNoc turned in a negative $11.7 million in adjusted EBITDA for the quarter. Meanwhile, the company's forecast for net income was that it would be in the range of negative $1.09 to $1.29 per share. However, the fourth-quarter net loss came in at $1.04 per share. Despite the loss, the company did generate $18.1 million in free cash flow during the quarter, growing its cash position to $98 million to end the year. What management had to say CEO Tim Healy commented on the company's results by saying that: EnerNOC has continued to sign up customers to both its demand response and software solutions. Just recently it signed multimillion-dollar demand response contracts with FirstEnergy (NYSE: FE) and Exelon (NYSE: EXC) subsidiary PECO. The FirstEnergy deal will help the company meet its demand reduction targets in Pennsylvania. Meanwhile, the company launched a strategic partnership with Brookfield Business Partners (NYSE: BBU) subsidiary Brookfield Global Integrated Solutions, which manages more than 300 million square feet of real estate across the globe. That agreement builds on a pilot program between the two companies that delivered an annualized 25% in energy savings. Looking forward Despite all this progress, EnerNOC is disappointed with the rate of adoption for its solutions. That's clear from the company's guidance where it sees revenue falling to a range of $310 million to $340 million, which at the midpoint is down nearly 20% from 2016. Meanwhile, it sees its net loss widening. As a result of lower-than-expected demand, especially for its software solutions, Healy said: 10 stocks we like better than EnerNOC When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and EnerNOC wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of February 6, 2017 Matt DiLallo owns shares of Brookfield Business Partners L.P. Limited Partnership Units. The Motley Fool owns shares of and recommends EnerNOC. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-03-15,21.0601,21.4968,21.0084,21.3493,
EXC,2017-03-16,21.2174,21.32,21.1198,21.1735,
EXC,2017-03-17,21.2203,21.3122,21.1422,21.1911,
EXC,2017-03-20,21.2497,21.2497,20.855,20.9321,
EXC,2017-03-21,20.8832,21.2682,20.8188,21.1617,
EXC,2017-03-22,21.2428,21.4334,21.2428,21.3601,
EXC,2017-03-23,21.3015,21.445,21.1372,21.1617,
EXC,2017-03-24,21.1138,21.4207,21.109,21.2565,
EXC,2017-03-27,21.3386,21.3728,20.983,21.0894,
EXC,2017-03-28,20.9009,21.0015,20.813,20.9887,"Winners and Losers from Clean Power Plan Rollback Undeterred by his recent defeat on a new healthcare legislation, President Trump is looking to push ahead with another key policy announcement on Tuesday. On Sunday, EPA chief Scott Pruitt revealed that Trump was going to issue an executive order on Tuesday which takes the first step toward reversing the Clean Power Plan, the Obama administration's signature climate change initiative. Speaking on ABC's ""This Week"" program, Pruitt said the order would be followed by further steps to ensure a future which was ""pro-growth, pro-environment."" In the very first days of its tenure, the new administration has already taken several steps to ensure that restrictions on mining and conventional power are removed to the benefit of industries involved. This fresh move is likely to benefit conventional power sources and producers while weighing on clean energy, a sector which had benefited immensely from the Obama administration's environmentally conscious policies. Rolling Back Clean Power Repealing the Clean Power Plan, one of the Obama government's signature reforms, would go a long way toward unravelling the previous administration's environmental legacy. The Clean Power Plan had mandated clearly defined emission reduction goals for the states in order to ensure that the EPA's overall target was achieved. The agency was aiming to push carbon dioxide emissions below 2005 levels by 2030. Critics of these requirements have said that by setting states strict emission reduction goals instead of doing so for specific facilities, the EPA was overstepping the authority granted under the Clean Air Act. The Supreme Court had issued a stay on the plan on Feb 2016, but energy producers have already increased their renewable and natural gas generating capacity in order to achieve future targets. It is now likely that Trump will ask courts to hold off ruling on the matter under the EPA redrafts comparatively softer rules on this issue. Removing ""Social Cost"" Requirements Trump is not limiting his environmental actions to power producers alone. The President will also remove an Obama administration rule which mandates that federal officials take into account the ""social cost"" of carbon into their policy decisions. This is a concept which quantifies the value of long term damage caused by carbon emissions in dollars. Currently estimated to be $36 per ton of carbon dioxide, this is another concept which was met with harsh criticism from conservative politicians. Further, Tuesday's executive order is also likely to remove the moratorium placed on federal coal leases. This restriction was also enacted by the Obama administration and has been in place since Dec 2015. These actions are in addition to the steps taken by Trump immediately after assuming office. Trump has already repealed the Stream Protection Rule, which placed limits on the dumping of waste generated from coal mining. Additionally, Trump has abolished the Waters of the U.S. rule which had broadened the number of waterways eligible for federal protection. (Read: 4 Stocks to Buy as Trump Prepares to Remove Coal Ban ) Winners: Coal Producers Coal fired plants would stand to gain the most from Trump's upcoming executive order though this may not result in fresh capacity additions. Instead, existing coal fired plants would then be in a position to snatch market share away from nuclear and natural gas based power producers. This includes the likes of Zacks Rank 2 (Buy) rated Ameren Corporation AEE and Zacks Rank #3 (Hold) rated Pinnacle West Capital Corporation PNW Such a stance on power would be especially beneficial for the coal mining sector as well. The capacity factor for coal would rise and miners would have to step up production to meet the increased demand from power plants. The abolishment on the moratorium on federal coal mining leases is likely to benefit the likes of Zacks Rank #3 rated CONSOL Energy Inc. CNX and Arch Coal, Inc. ARCH . Located in St. Louis, MO, this coal producer has a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Losers: Natural Gas, Nuclear Power At first glance, the immediate losers seem to be natural gas fired power facilities and natural gas producers. States with a more cautious stance toward environmental issues, such as California, have made significant investments in natural gas fired plants. This in turn has benefited natural gas producers such as ConocoPhillips COP and Chesapeake Energy Corporation CHK , both rated Zacks Rank #3. But the new executive order is unlikely to change the situation radically, since even those states earlier opposed to the Clean Power Plan enthusiastically adopted natural gas power after costs dropped. However, the acceleration in demand would certainly be halted by Trump's gradual unravelling of the clean power plan. A sector which would suffer grievously is nuclear power, which currently accounts for around 20% of domestic power generation. This is because several nuclear power facilities are ageing and more than 30% can no longer stand up to competition from other sources of power. The lack of stringent emission norms would lead to its gradual replacement by solar, wind and gas generated power. Such a scenario does not bode well for the likes of Zacks Rank #3 rated nuclear power producer Exelon Corporation EXC and uranium mining company Cameco Corporation CCJ , which carries a Zacks Rank #5 (Strong Sell). More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report CONSOL Energy Inc. (CNX): Free Stock Analysis Report Arch Coal Inc. (ARCH): Free Stock Analysis Report Cameco Corporation (CCJ): Free Stock Analysis Report Chesapeake Energy Corporation (CHK): Free Stock Analysis Report ConocoPhillips (COP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-03-29,21.0084,21.2565,20.7719,21.1422,"Ameren, CONSOL Energy, Arch Coal, Exelon and Cameco For Immediate Release Chicago, IL -March 29, 2017 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Ameren Corporation (NYSE: AEE - Free Report ), CONSOL Energy Inc. (NYSE: CNX - Free Report ), Arch Coal, Inc. (OTCMKTS: ARCH - Free Report ), Exelon Corporation (NYSE: EXC - Free Report ) and Cameco Corporation (NYSE: CCJ - Free Report ). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are highlights from Tuesday's Analyst Blog: Winners and Losers from Clean Power Plan Rollback Undeterred by his recent defeat on a new healthcare legislation, President Trump is looking to push ahead with another key policy announcement on Tuesday. On Sunday, EPA chief Scott Pruitt revealed that Trump was going to issue an executive order on Tuesday which takes the first step toward reversing the Clean Power Plan, the Obama administration's signature climate change initiative. Speaking on ABC's ""This Week"" program, Pruitt said the order would be followed by further steps to ensure a future which was ""pro-growth, pro-environment."" In the very first days of its tenure, the new administration has already taken several steps to ensure that restrictions on mining and conventional power are removed to the benefit of industries involved. This fresh move is likely to benefit conventional power sources and producers while weighing on clean energy, a sector which had benefited immensely from the Obama administration's environmentally conscious policies. Rolling Back Clean Power Repealing the Clean Power Plan, one of the Obama government's signature reforms, would go a long way toward unravelling the previous administration's environmental legacy. The Clean Power Plan had mandated clearly defined emission reduction goals for the states in order to ensure that the EPA's overall target was achieved. The agency was aiming to push carbon dioxide emissions below 2005 levels by 2030. Critics of these requirements have said that by setting states strict emission reduction goals instead of doing so for specific facilities, the EPA was overstepping the authority granted under the Clean Air Act. The Supreme Court had issued a stay on the plan on Feb 2016, but energy producers have already increased their renewable and natural gas generating capacity in order to achieve future targets. It is now likely that Trump will ask courts to hold off ruling on the matter under the EPA redrafts comparatively softer rules on this issue. Removing ""Social Cost"" Requirements Trump is not limiting his environmental actions to power producers alone. The President will also remove an Obama administration rule which mandates that federal officials take into account the ""social cost"" of carbon into their policy decisions. This is a concept which quantifies the value of long term damage caused by carbon emissions in dollars. Currently estimated to be $36 per ton of carbon dioxide, this is another concept which was met with harsh criticism from conservative politicians. Further, Tuesday's executive order is also likely to remove the moratorium placed on federal coal leases. This restriction was also enacted by the Obama administration and has been in place since Dec 2015. These actions are in addition to the steps taken by Trump immediately after assuming office. Trump has already repealed the Stream Protection Rule, which placed limits on the dumping of waste generated from coal mining. Additionally, Trump has abolished the Waters of the U.S. rule which had broadened the number of waterways eligible for federal protection. (Read: 4 Stocks to Buy as Trump Prepares to Remove Coal Ban ) Winners: Coal Producers Coal fired plants would stand to gain the most from Trump's upcoming executive order though this may not result in fresh capacity additions. Instead, existing coal fired plants would then be in a position to snatch market share away from nuclear and natural gas based power producers. This includes the likes of Zacks Rank 2 (Buy) rated Ameren Corporation (NYSE: AEE - Free Report ). Such a stance on power would be especially beneficial for the coal mining sector as well. The capacity factor for coal would rise and miners would have to step up production to meet the increased demand from power plants. The abolishment on the moratorium on federal coal mining leases is likely to benefit the likes of Zacks Rank #3 rated CONSOL Energy Inc. (NYSE: CNX - Free Report ) and Arch Coal, Inc. (OTCMKTS: ARCH - Free Report ). Located in St. Louis, MO, this coal producer has a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Losers: Natural Gas, Nuclear Power At first glance, the immediate losers seem to be natural gas fired power facilities and natural gas producers. States with a more cautious stance toward environmental issues, such as California, have made significant investments in natural gas fired plants. This in turn has benefited natural gas producers. But the new executive order is unlikely to change the situation radically, since even those states earlier opposed to the Clean Power Plan enthusiastically adopted natural gas power after costs dropped. However, the acceleration in demand would certainly be halted by Trump's gradual unravelling of the clean power plan. A sector which would suffer grievously is nuclear power, which currently accounts for around 20% of domestic power generation. This is because several nuclear power facilities are ageing and more than 30% can no longer stand up to competition from other sources of power. A sector which would suffer grievously is nuclear power, which currently accounts for around 20% of domestic power generation. This is because several nuclear power facilities are ageing and more than 30% can no longer stand up to competition from other sources of power. The lack of stringent emission norms would lead to its gradual replacement by solar, wind and gas generated power. Such a scenario does not bode well for the likes of Zacks Rank #3 rated nuclear power producer Exelon Corporation (NYSE: EXC - Free Report ) and uranium mining company Cameco Corporation (NYSE: CCJ - Free Report ), which carries a Zacks Rank #5 (Strong Sell). About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 ""Strong Buys"" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>. Get the full Report on AEE - FREE Get the full Report on CNX - FREE Get the full Report on ARCH - FREE Get the full Report on EXC - FREE Get the full Report on CCJ - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com/ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report CONSOL Energy Inc. (CNX): Free Stock Analysis Report Arch Coal Inc. (ARCH): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Cameco Corporation (CCJ): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-03-30,21.0601,21.1315,20.8832,21.0084,
EXC,2017-03-31,21.0377,21.4363,20.978,21.1735,"NextEra's Texas Expansion Plans Hit by Regulatory Blockage NextEra Energy 's NEE plans to acquire Energy Future Holdings Corp (""EFH"") for $18.4 billion was hit by an obstacle when Texas regulators decided to stop the deal, as their primary finding suggests the deal was not in public interest. The members of the Texas commission felt that Energy Future's plan to merge with NextEra and exit nearly three-year bankruptcy placed too much risk on ratepayers. Energy Future is the majority owner of Oncor, the state's largest power network. This is the second plan to sell Oncor that has met regulatory resistance. NextEra's Plans Impacted The decision will impact NextEra Energy's long term plans. The company was aiming to expand its operation in Texas through inorganic route. The move was in sync with the company's focus to increase its regulated generation mix. NextEra Energy expected the Oncor deal to help it achieve the targeted annual earnings growth rate of 6-8% through 2018, off a 2014 base. Exelon Deal Hit But Approved Last year, Exelon Corp. EXC was able to complete acquisition of Pepco Holdings even though the deal was initially disapproved by Public Service Commission of the District of Columbia. Exelon and Pepco filed another version of their merger proposal, which was finally approved by the regulators. Will NextEra Walk in the Same Path? NextEra and Energy Future Holdings did not comment on the decision of the Texas regulators. NextEra Energy might follow in the footsteps of Exelon by appealing against the decision and filing a fresh proposal for approval. In any case, the Texas commission is planning to meet and formally vote on the NextEra deal at an April meeting. Price Movement In the last six months, NextEra Energy's shares returned 5.7%, outperforming the Zacks categorized Utility - Electric Power industry's increase of 4.3%. Improving economic condition in its service territories and additions to renewable generation assets will boost NextEra Energy's performance. Its 2017 Zacks Consensus Estimate moved up by 1.1% to $6.66 per share in the last 60 days. Zacks Rank NextEra Energy carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Other stocks in the industry sharing the same rank are Entergy Corp. ETR and Fortis Inc. FTS . Entergy Corporation reported a positive earnings surprise in last four quarters with an average beat of 104.4%. Its 2017 Zacks Consensus Estimate moved up by 10.3% to $5.02 per share in the last 60 days. Fortis reported a positive earnings surprise in last two quarters with an average beat of 20.6%. Its 2017 Zacks Consensus Estimate moved up by 4.9% to $1.92 per share in the last 60 days. Zacks' Best Private Investment Ideas In addition to the recommendations that are available to the public on our website, how would you like to follow all Zacks' private buys and sells in real time? Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Starting today, for the next month, you can have unrestricted access. Click here for Zacks' private trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Entergy Corporation (ETR): Free Stock Analysis Report Fortis Inc. (FTS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-04-03,21.1539,21.1735,20.9077,21.0787,
EXC,2017-04-04,21.0661,21.408,21.0201,21.2682,
EXC,2017-04-05,21.1138,21.279,21.0435,21.2174,
EXC,2017-04-06,21.1852,21.3816,21.0327,21.3444,"NextEra (NEE) Unit to Generate Cleaner Power at Lower Price NextEra Energy, Inc.'s NEE affiliate, Florida Power & Light Company (""FPL""), announced its target of adding around 2,100 megawatts (MWs) of new solar capacity across the state of Florida in the next seven years. This includes approximately 600 MW of solar power that was announced earlier, and is likely to be operational by early 2018. Florida Power & Light also plans to replace its existing power plant at Dania Beach, FL, near Fort Lauderdale with modern, high fuel-efficient natural gas technology. By doing so, the company expects to save customers' money and cut down emissions. The new plant will generate more power using less fuel, thereby lowering its overall natural gas consumption. Green Energy at Low Rates Florida Power & Light has also entered into a preliminary agreement with Jacksonville Electric Authority (JEA) to shut down the jointly owned coal-fired power plant at St. Johns River Power Park in Jacksonville, FL. The company's vision is to produce more energy through solar capacity than oil and gas combined. The long-term plan of the company includes reducing its coal and oil usage to less than 1% combined, while more than quadrupling the use of solar power in its total energy production. Along with producing energy through cleaner sources, the company wants to keep overall electric rates lower than levels seen 10 years ago. Focus on Alternate Energy In the last few years, solar and wind energies have gained immense popularity among American Electricity producing companies. They have started adding new solar and wind plants to their portfolio to lower emission and meet the requirements of stringent emission standards. Xcel Energy XEL plans to add approximately 3,380 MWs of wind generation to its existing system by building 11 new wind firms across seven states. These wind-powered plants will be part of Xcel Energy's five-year plan of investing about $3.5 billion in renewables. (Read more: Xcel Energy to Invest in Wind Energy to Lessen Emission ) In Dec 2016, Exelon Corporation's EXC subsidiary Constellation completed a 9.3 MW solar project in Tucson, AZ across 25 school sites and other facilities belonging to Amphitheater Public Schools. This solar project aims at meeting about 60% of the energy needs of the school. Price Movement Shares of NextEra Energy gained 10.4% in the last three months, outperforming the Zacks categorized Utility - Electric Power industry's gain of 6.8%. The improvement in the economic condition in its service territories as well as additions to renewable generation assets has positively impacted the performance of the company. Zacks Rank NextEra Energy carries a Zacks Rank #3 (Hold). A better-ranked stock in the same space is RWE AG RWEOY , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . RWE AG's 2017 Zacks Consensus Estimate moved up by approximately 20% to $1.62 per share in the last 60 days. Zacks' Best Private Investment Ideas In addition to the recommendations that are available to the public on our website, how would you like to follow all Zacks' private buys and sells in real time? Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Starting today, for the next month, you can have unrestricted access. Click here for Zacks' private trades >> Zacks' Best Private Investment Ideas In addition to the recommendations that are available to the public on our website, how would you like to follow all Zacks' private buys and sells in real time? Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Starting today, for the next month, you can have unrestricted access. Click here for Zacks' private trades >> Zacks' Best Private Investment Ideas In addition to the recommendations that are available to the public on our website, how would you like to follow all Zacks' private buys and sells in real time? Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Starting today, for the next month, you can have unrestricted access. Click here for Zacks' private trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Xcel Energy Inc. (XEL): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report RWE AG (RWEOY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-04-07,21.3669,21.4617,21.1422,21.1686,"[""Noteworthy ETF Outflows: XLU, EXC, EIX, PPL Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $64.6 million dollar outflow -- that's a 0.9% decrease week over week (from 141,624,160 to 140,374,160). Among the largest underlying components of XLU, in trading today Exelon Corp (Symbol: EXC) is up about 0.3%, Edison International (Symbol: EIX) is up about 0.3%, and PPL Corp (Symbol: PPL) is higher by about 0.4%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $45.33 per share, with $53.02 as the 52 week high point - that compares with a last trade of $51.78. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp's 6.20% Trust Preferred Securities Goes Ex-Dividend Soon On 4/11/17, Exelon Corp's 6.20% Trust Preferred Securities (Symbol: BGE.PRB) will trade ex-dividend, for its quarterly dividend of $0.3875, payable on 4/17/17. As a percentage of BGE.PRB's recent share price of $26.42, this dividend works out to approximately 1.47%, so look for shares of BGE.PRB to trade 1.47% lower - all else being equal - when BGE.PRB shares open for trading on 4/11/17. On an annualized basis, the current yield is approximately 5.88%, which compares to an average yield of 4.87% in the \""Utilities\"" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of BGE.PRB shares, versus EXC: Below is a dividend history chart for BGE.PRB, showing historical dividends prior to the most recent $0.3875 on Exelon Corp's 6.20% Trust Preferred Securities: According to the ETF Finder at ETF Channel, Exelon Corp (Symbol: EXC) makes up 7.01% of the iShares Edge MSCI Multifactor Utilities ETF ( UTLF ) which is trading relatively unchanged on the day Friday. In Friday trading, Exelon Corp's 6.20% Trust Preferred Securities (Symbol: BGE.PRB) is currently up about 0.1% on the day, while the common shares (Symbol: EXC) are off about 0.8%. Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-04-10,21.1852,21.1852,21.0015,21.0728,
EXC,2017-04-11,21.0377,21.364,20.9321,21.2682,"If I Could Buy Only 1 Stock, This Would Be It There's no doubt that the latest strategic focus of General Electric (NYSE: GE) is a risky bet, especially for a $260 billion company. While the plan to divest its financial business unit to focus solely on industrial services and manufacturing is already well under way, shareholders essentially have been forced to take a leap of faith with management. The early results indicate that investors aren't exactly full of confidence: The stock has lagged the S&P 500, both with and without dividends included, in the most recent one-year and three-year periods. Despite the timid reaction from the market, I would be willing to believe in management's long-term vision for a company that focuses on building physical goods (with the help of the Industrial Internet, of course) rather than one wishing it were instead a mini-bank. That's why if I could buy only one stock it would be General Electric. Digital industrial leader The bear case includes several solid arguments that are worth discussing. While the merger with Baker Hughes will have a positive impact on earnings growth in a stable oil and gas market, it increases General Electric's exposure to market volatility in downturns . It seems likely that oil and gas prices will play a critical role in determining whether or not the company reaches management's goal of striking $2 in EPS by 2018. On a related note, there's quite a bit of ground to make up if shareholders are going to enjoy 2018 EPS of $2 in any scenario. General Electric reported full-year 2016 EPS of $1.49 (within guidance) and is calling for full-year 2017 EPS between $1.60 and $1.70. That means earnings will need to grow at least 17% between 2017 and 2018 to reach the ambitious goal. Share buybacks and reduced expenses from the Alstom acquisition will help, but it may not be enough. That said, falling short of the 2018 EPS target wouldn't necessarily be a sign that anything is fundamentally flawed with the new digital industrial focus. That's especially true for investors taking the long-term view. Why? It's important to remember that General Electric is pursuing a strategic shift to focus on becoming a digital industrial company -- not just a company that focuses on industrial offerings. It will take time to integrate GE Digital within each of the company's segments, but it's already off to a fast start after being created in late 2015. That's hardly surprising, considering it hired 22,000 software developers last year -- and expects to add another 35,000 this year. GE Total Return Price data by YCharts Management expects GE Digital software orders to grow 20% to 30% and eclipse $5 billion in revenue in 2017. The company's Industrial Internet operating platform, Predix, is expected to generate $1 billion in revenue this year after posting just $400 million in 2016. The nascent ecosystem powered $730 million in productivity gains for customers -- the company's internal metric for gauging progress -- and is expected to enable $3 billion in productivity by 2020. Obviously, a measly $5 billion in annual revenue from GE Digital is a rather insignificant sliver of General Electric's $124 billion in companywide annual revenue. But I don't think analysts are fully appreciating the opportunities at hand or the growth trajectory of the unit. Digital solutions and services can be offered to customers whether or not they use GE equipment. When they do, the company can bring them into the Digital Thread, where assets can be monitored at every stage of their lifecycle. From salespeople to engineers to factory workers to service techs, Predix can help avoid (or predict) unscheduled downtime in a power plant or optimize the production of oil and gas wells. It's also crucial to enabling Brilliant Factories, which slash costs and inventory while greatly increasing throughput. As early growth -- powered by major Predix integrations with Exelon and BP -- indicates, GE Digital has the potential to grow into a significant portion of the company's revenue and earnings within the next 10 years. Wouldn't it be silly to have missed the opportunity because the company missed an ambitious and arbitrary EPS target in 2018? What does it mean for investors? Investors are well aware that the transition to a digital industrial-focused company will not be without growing pains and mistakes, or perhaps slower than expected growth as the pieces gradually fall into place. I have to admit it doesn't look likely that General Electric will hit its 2018 EPS target based on current indications. Then again, I'm not really focused on one or two years from now, but rather where the technology leader could be 10 years from now. Given the early success of the software business and Industrial Internet operating platform, I think investors should be encouraged by what they see. That's why if I could only buy one stock right now, this would be it. 10 stocks we like better than General Electric When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and General Electric wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of April 3, 2017 Maxx Chatsko has no position in any stocks mentioned. The Motley Fool owns shares of General Electric. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-04-12,21.1686,21.3386,21.0435,21.2956,
EXC,2017-04-13,21.2682,21.2956,21.0787,21.1686,
EXC,2017-04-17,21.1735,21.2565,21.0894,21.1255,
EXC,2017-04-18,21.1315,21.2174,21.0171,21.0543,"Notable ETF Inflow Detected - VPU, EXC, PCG, AEP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Utilities ETF (Symbol: VPU) where we have detected an approximate $96.9 million dollar inflow -- that's a 4.0% increase week over week in outstanding units (from 21,184,338 to 22,034,338). Among the largest underlying components of VPU, in trading today Exelon Corp (Symbol: EXC) is off about 0.1%, PG&E Corp. (Symbol: PCG) is off about 0.2%, and American Electric Power Company, Inc. (Symbol: AEP) is relatively unchanged. For a complete list of holdings, visit the VPU Holdings page » The chart below shows the one year price performance of VPU, versus its 200 day moving average: Looking at the chart above, VPU's low point in its 52 week range is $99.85 per share, with $115.81 as the 52 week high point - that compares with a last trade of $113.81. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-04-19,21.0601,21.109,20.807,20.8677,
EXC,2017-04-20,20.8188,20.8315,20.4934,20.6244,"Q1 Scorecard & Stock Research Reports for IBM, Abbott and others Thursday April 20, 2017 The Zacks Research Daily features the best research output of our analyst team. In today's write-up, we are featuring analyst reports on 16 major stocks, including reports on IBM (IBM), Abbott (ABT) and Dow Chemical (DOW). These reports have been hand-picked from amongst the 70 or so stock research reports published by our analyst team today. You can see all of today's research reports here >> In addition to these stock research reports, we are also giving you a real-time scorecard of the ongoing Q1 earnings season. You can read more about our views about this earnings season in the weekly Earnings Trends report >>>Q1 Earnings Season Off to a Solid Start Q1Earnings Scorecard(as ofThursday,April 20 th) Including all of this morning's releases, we now have Q1 results from 82 S&P 500 members that combined account for 21% of the index's total market capitalization. Total earnings for these 82 index members are up +15.4% on +4.9% higher revenues, with 72% beating EPS estimates and 59.8% beating revenue estimates. This is better earnings and revenue growth performance than we have seen from this group of 82 S&P 500 members in other recent periods, even after adjusting for the strong growth from the Finance sector which has a heavy presence in the results at this stage. For the Finance sector, we now have Q1 results from 47.7% of the sector's market capitalization in the S&P 500 index. Total earnings for these Finance companies are up +23.4% from the same period last year on +7.7% higher revenues, with 69.2% beating EPS estimates and 57.7% beating revenue estimates. This is better earnings and revenue growth rate for the Finance sector than we have seen in other recent periods, though most of these stocks have been struggling lately as a result of the downtrend in interest rates. Excluding the Finance sector, total earnings for the rest of the S&P 500 companies that have reported would be up +8.7% on +3.7% higher revenues from the year-earlier level. Looking at Q1 as a whole, combining the actual results from the 82 index members with estimates from the still-to-come 418 companies, total earnings are expected to be up +8.8% from the same period last year on +6.2% higher revenues, the best earnings and revenue growth pace in more than two years. Today's Research Daily features new research reports on 16 major stocks, including IBM (IBM), Abbott (ABT) and Dow Chemical (DOW). IBM shares did reasonably well this year, but the stock has lost ground following the disappointing quraterly report that appear to have raised fresh doubts about the company's ability to reposition itself for the changing technological landscape. Although IBM has been expanding product portfolio into newer technologies like Blockchain, Quantum computing and Containers through frequent acquisitions, these are still in a nascent stage and will take some time to contribute meaningfully towards top-line growth. However, sluggish IT spending particularly on on-premise and data center hardware and foreign exchange volatility remain concerns. (You can read the full research report onIBM here >> ) Shares of Abbott have gained +8.1% over the last three months, outperforming the Zacks Large-Cap Pharma sector which has gained +5.7% over the same period. Abbott exceeded expectations on both the earnings and sales fronts during the first quarter. The Zacks analyst likes how Abbott has been reshaping its portfolio through strategic acquisitions/divestitures for long-term growth. The St. Jude Medical buyout will complement its cardiovascular devices business. Also, the company's plans to focus on selling its portfolio in core therapeutic areas. Meanwhile, weakness in the nutrition business in China and sluggish growth in the Venezuelan market is a concern. (You can read the full research report on Abbott here >> ) Dow Chemical shares have gained +7.7% over the past three months, outperforming the Zacks Chemicals Diversified industry (up +3.6% over the same period). The Zacks analyst likes the planned merger with DuPont, which is expected to create significant synergies. Dow should also gain from cost synergies associated with Dow Corning Silicones business and its strategic investments in the U.S. Gulf Coast and the Middle East. Estimates for first-quarter 2017 have also been stable of late. However, Dow's agriculture business remains affected by depressed crop commodity prices. The company also faces pricing headwinds, feedstock cost pressure as well as weak demand in the energy market. Earnings estimate for the first-quarter 2017 has been stable of late. (You can read the full research report on Dow Chemical here >> ) Other noteworthy reports we are featuring today include MasterCard (MA), Delta Air Lines (DAL) and Exelon (EXC). Now See All Our Private Trades While today's Zacks Rank #1 new additions are being shared with the public, other trades are hidden from everyone but selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum . . . from stocks under $10 to ETF and option moves . . . from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for all Zacks trades >> Sheraz Mian Director of Research Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here >>> Today's Must Read IBM Corp (IBM) Q1 Earnings Top Estimates, Revenues Miss Abbott (ABT) Q1 Results Top Estimates, Alere Issue Resolves Dow (DOW) Poised on Cost, Portfolio Actions Amid Headwinds Featured Reports Delta Air Lines (DAL) Q1 Earnings Beat, Revenues Miss The Zacks analyst is pleased with the company's Q1 earnings beat. However, the revenue miss raises concerns. Exelon (EXC) gains from Acquisition, Wholesale Price a Woe The covering analyst believes Exelon will benefit from its acquisition and customer addition. However, stringent government regulation and price fluctuation in the wholesale markets are headwinds. Valero Energy (VLO) to Gain from Higher Gasoline Demand The Zacks analyst believes that Valero Energy could capitalize on the surge in gasoline demand due to the summer driving season in the coming days. Rogers Communications (RCI) Q1 Earnings Beat, Revenues Miss According to the covering analyst, intense competition might have driven down the revenues of Rogers Communications in the first quarter 2017. IDEX (IEX) Comfortably Beats on Q1 Earnings, Raises View IDEX started 2017 on a positive note with strong first-quarter 2017 results, driven by healthy year-over-year increase in earnings and revenues that beat the respective Zacks Consensus Estimates. Cincinnati Financial (CINF) Estimates Q1 Catastrophe Loss Cincinnati Financial projects pre-tax cat loss of about $106 million, combined ratio of 99% - 101%, investment income to grow 3%, and P&C net written premiums to increase 7% in the first quarter. Prologis (PLD) Tops Q1 FFO, Supply Rise to Cut Growth Tempo The Zacks analyst thinks Prologis' better-than-expected Q1 result on revenue growth and occupancy gains is encouraging. New Upgrades M&T Bank (MTB) Q1 Results Reflect Improving Revenue Trends As per the Zacks analyst, organic growth remains a key strength at M&T Bank. Higher revenues in Q1 reflected improving loan and deposit balances. Further, strong capital base is a favorable factor. Cliffs (CLF) Well Placed on Cost & Debt Cuts, Supply Deals The Zacks analyst is impressed by Cliffs' efforts to cut costs and de-leverage its balance sheet. The company should also gain from recent iron ore supply deals and improving steel market conditions. Fiserv's (FISV) Innovative Product Portfolio to Drive Growth The covering analyst thinks Fiserv's product portfolio, customer base and cost cutting efforts are likely to drive growth. However, stricter regulations and stiff competition remain concerns. New Downgrades MasterCard (MA) Hurt by High Expense, Soft U.S. Business The Zacks analyst thinks high expenses, global economic concerns, soft U.S. business, litigation issues, foreign exchange exposure remain key headwinds for MasterCard. DENTSPLY (XRAY) Grapples with Higher Costs & Macro Woes The covering analyst believes that higher capital expenditure on product development, tough competition, and currency headwinds exerts considerable pressure on both pricing and margins of DENTSPLY. Estee Lauder (EL) Battles with Slowing Traffic; Weak Growth The Zacks analyst believes Estee Lauder continues to struggle with lackluster retail growth, declining footfall at U.S. department stores, competitive pressure and currency headwinds. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mastercard Incorporated (MA): Free Stock Analysis Report International Business Machines Corporation (IBM): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Dow Chemical Company (The) (DOW): Free Stock Analysis Report Delta Air Lines, Inc. (DAL): Free Stock Analysis Report Abbott Laboratories (ABT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-04-21,20.6244,20.7973,20.6019,20.6136,"The Zacks Analyst Blog Highlights: IBM, Abbott, Dow Chemical, Delta Air Lines and Exelon For Immediate Release Chicago, IL - April 21, 2017 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include IBM (NYSE: IBM- Free Report ), Abbott (NYSE: ABT- Free Report ), Dow Chemical (NYSE: DOW- Free Report ), Delta Air Lines (NYSE: DAL- Free Report ) and Exelon (NYSE: EXC- Free Report ). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are highlights from Thursday's Analyst Blog: Q1 Earnings and Research Reports for Friday The Zacks Research Daily features the best research output of our analyst team. In today's write-up, we are featuring analyst reports on 16 major stocks, including reports on IBM (NYSE: IBM- Free Report ), Abbott (NYSE: ABT- Free Report ) and Dow Chemical (NYSE: DOW- Free Report ). These reports have been hand-picked from amongst the 70 or so stock research reports published by our analyst team today. You can see all of today's research reports here >> In addition to these stock research reports, we are also giving you a real-time scorecard of the ongoing Q1 earnings season. You can read more about our views about this earnings season in the weekly Earnings Trends report >>>Q1 Earnings Season Off to a Solid Start Q1Earnings Scorecard (as of Thursday, April 20 th ) Including all of this morning's releases, we now have Q1 results from 82 S&P 500 members that combined account for 21% of the index's total market capitalization. Total earnings for these 82 index members are up +15.4% on +4.9% higher revenues, with 72% beating EPS estimates and 59.8% beating revenue estimates. This is better earnings and revenue growth performance than we have seen from this group of 82 S&P 500 members in other recent periods, even after adjusting for the strong growth from the Finance sector which has a heavy presence in the results at this stage. For the Finance sector, we now have Q1 results from 47.7% of the sector's market capitalization in the S&P 500 index. Total earnings for these Finance companies are up +23.4% from the same period last year on +7.7% higher revenues, with 69.2% beating EPS estimates and 57.7% beating revenue estimates. This is better earnings and revenue growth rate for the Finance sector than we have seen in other recent periods, though most of these stocks have been struggling lately as a result of the downtrend in interest rates. Excluding the Finance sector, total earnings for the rest of the S&P 500 companies that have reported would be up +8.7% on +3.7% higher revenues from the year-earlier level. Looking at Q1 as a whole, combining the actual results from the 82 index members with estimates from the still-to-come 418 companies, total earnings are expected to be up +8.8% from the same period last year on +6.2% higher revenues, the best earnings and revenue growth pace in more than two years. Today's Research Daily features new research reports on 16 major stocks, including IBM, Abbott and Dow Chemical. IBM shares did reasonably well this year, but the stock has lost ground following the disappointing quraterly report that appear to have raised fresh doubts about the company's ability to reposition itself for the changing technological landscape. Although IBM has been expanding product portfolio into newer technologies like Blockchain, Quantum computing and Containers through frequent acquisitions, these are still in a nascent stage and will take some time to contribute meaningfully towards top-line growth. However, sluggish IT spending particularly on on-premise and data center hardware and foreign exchange volatility remain concerns. (You can read the full research report on IBM here >> ) Shares of Abbott have gained +8.1% over the last three months, outperforming the Zacks Large-Cap Pharma sector which has gained +5.7% over the same period. Abbott exceeded expectations on both the earnings and sales fronts during the first quarter. The Zacks analyst likes how Abbott has been reshaping its portfolio through strategic acquisitions/divestitures for long-term growth. The St. Jude Medical buyout will complement its cardiovascular devices business. Also, the company's plans to focus on selling its portfolio in core therapeutic areas. Meanwhile, weakness in the nutrition business in China and sluggish growth in the Venezuelan market is a concern. (You can read the full research report on Abbott here >> ) Dow Chemical shares have gained +7.7% over the past three months, outperforming the Zacks Chemicals Diversified industry (up +3.6% over the same period). The Zacks analyst likes the planned merger with DuPont, which is expected to create significant synergies. Dow should also gain from cost synergies associated with Dow Corning Silicones business and its strategic investments in the U.S. Gulf Coast and the Middle East. Estimates for first-quarter 2017 have also been stable of late. However, Dow's agriculture business remains affected by depressed crop commodity prices. The company also faces pricing headwinds, feedstock cost pressure as well as weak demand in the energy market. Earnings estimate for the first-quarter 2017 has been stable of late. (You can read the full research report on Dow Chemical here >> ) Other noteworthy reports we are featuring today include Delta Air Lines (NYSE: DAL- Free Report ) and Exelon (NYSE: EXC- Free Report ). Now See All Our Private Trades While today's Zacks Rank #1 new additions are being shared with the public, other trades are hidden from everyone but selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum . . . from stocks under $10 to ETF and option moves . . . from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for all Zacks trades >> Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free . About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 ""Strong Buys"" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>. Get the full Report on IBM - FREE Get the full Report on ABT - FREE Get the full Report on DOW - FREE Get the full Report on DAL - FREE Get the full Report on EXC - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com/ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report International Business Machines Corporation (IBM): Free Stock Analysis Report Abbott Laboratories (ABT): Free Stock Analysis Report Dow Chemical Company (The) (DOW): Free Stock Analysis Report Delta Air Lines, Inc. (DAL): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-04-24,20.7132,20.9605,20.5784,20.8882,
EXC,2017-04-25,20.7973,20.8979,20.5003,20.642,
EXC,2017-04-26,20.6185,20.8481,20.5374,20.5374,
EXC,2017-04-27,20.5492,20.6986,20.4788,20.5003,"Notable ETF Outflow Detected - VPU, PCG, EXC, AEP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Utilities ETF (Symbol: VPU) where we have detected an approximate $65.4 million dollar outflow -- that's a 2.6% decrease week over week (from 22,034,338 to 21,459,338). Among the largest underlying components of VPU, in trading today PG&E Corp. (Symbol: PCG) is up about 1%, Exelon Corp (Symbol: EXC) is up about 0.7%, and American Electric Power Company, Inc. (Symbol: AEP) is higher by about 0.9%. For a complete list of holdings, visit the VPU Holdings page » The chart below shows the one year price performance of VPU, versus its 200 day moving average: Looking at the chart above, VPU's low point in its 52 week range is $99.85 per share, with $115.81 as the 52 week high point - that compares with a last trade of $114.41. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-04-28,20.5003,20.5257,20.3186,20.3782,"EXC Crosses Below Key Moving Average Level In trading on Friday, shares of Exelon Corp (Symbol: EXC) crossed below their 200 day moving average of $34.77, changing hands as low as $34.70 per share. Exelon Corp shares are currently trading trading flat on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $29.82 per share, with $37.70 as the 52 week high point - that compares with a last trade of $34.83. EXC makes up 6.71% of the iShares Edge MSCI Multifactor Utilities ETF (Symbol: UTLF) Click here to find out which 9 other energy stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-05-01,20.3898,20.4182,20.1329,20.2023,
EXC,2017-05-02,20.2355,20.3186,20.0772,20.2785,
EXC,2017-05-03,20.3547,20.3547,19.8182,19.9961,"Southern Company (SO) Q1 Earnings and Sales Beat Estimates Power supplier TheSouthern CompanySO reported first-quarter 2017 earnings per share (excluding certain one-time items) of 66 cents, beating the Zacks Consensus Estimate of 58 cents and the year-ago adjusted profit of 58 cents. Increase in revenues improved earnings. The Atlanta-based utility's quarterly revenues of $5,771 million was 45.5% higher than the first-quarter 2016 level of $3,965 million and also ahead of the Zacks Consensus Estimate of $5,144 million, driven by robust performance by its wholesale unit. Sales Report While wholesale revenues jumped 37%, Southern Company's total retail sales declined 6.7%, residential and commercial sales were down by 13.4% and 4.5%, respectively. Demand from industrial customers also fell 2.2% from the year-ago period. Total electricity sales during the first quarter were up 0.5% from the same period last year. Expenses Break Up Southern Company's operations and maintenance cost increased 20% to $1,329 million, while the utility's total operating expense for the period was $4,465 million, up 46.3% from the prior-year level. Southern Company (The) Price, Consensus and EPS Surprise Southern Company (The) Price, Consensus and EPS Surprise | Southern Company (The) Quote Zacks Rank and Key Pick Southern Company under the Zacks categorized Utility - ElectricPower industry is one of the largest generators of electricity in the nation along with the likes of Exelon Corp. EXC and Duke Energy Corp. DUK . The company currently carries a Zacks Rank #4(Sell). A better-ranked player from the same industry is TransAtlanta Corporation TAC , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Southern Company (The) (SO): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report TransAlta Corporation (TAC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-05-04,19.9785,20.1837,19.9366,20.0361,"Is a Beat in Store for AES Corporation (AES) in Q1 Earnings? The AES CorporationAES is set to release first-quarter 2017 results, before the opening bell on May 8. Last quarter, the company posted a negative earnings surprise of 2.78%. In fact, AES Corp missed the Zacks Consensus Estimate in the trailing four quarters, with an average negative surprise of 10.74%. Let's see how things are shaping up prior to this announcement. Why a Likely Positive Surprise? Our proven model shows that AES Corp is likely to beat earnings this season because it has the right combination of two key ingredients. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to be able to beat estimates, and the company has the right mix. Zacks ESP: The Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate is +15.79%. This is because the Most Accurate estimate stands at 22 cents, while the Zacks Consensus Estimate is pegged at 19 cents. This is a meaningful indicator of a likely positive earnings surprise. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank: AES Corp's Zacks Rank #3, when combined with a positive ESP, makes us reasonably confident of an earnings beat this quarter. Note that we caution against stocks with Zacks Ranks #4 or 5 (Sell rated) going into an earnings announcement, especially when the company is seeing a negative estimate revision. The AES Corporation Price and EPS Surprise The AES Corporation Price and EPS Surprise | The AES Corporation Quote Factors at Play With respect to portfolio optimization, AES Corp has been witnessing significant consolidation of the regulated utility sector at attractive valuations in Brazil. To capitalize on this trend, the company closed the sale of AES Sul, its most material utility business in Brazil, in the fourth quarter of 2016. The estimated net proceeds of $440 million from the sale were partly received during the fourth quarter and the balance is expected to be recognized in first quarter. In terms of its construction projects, the company expects to witness consistent progress and considers these programs to be its most significant growth drivers. For the first quarter, the Zacks Consensus Estimate for earnings projects growth of 48.7%, while the consensus for revenues hints at a decline of 1.8% on a year-over-year basis. Other Stocks to Consider Here are a couple of stocks in the Utility space worth considering on the basis of our model which shows that they have the right combination to pull off a beat: Pattern Energy Group, Inc. PEGI is scheduled to report first-quarter results on May 9. The company has an Earnings ESP of +250% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here . Exelon Corporation EXC has an Earnings ESP of +3.03% and a Zacks Rank #3. The company is expected to release first-quarter results on May 5. A Peer Release Public Service Enterprise Group Inc. PEG or PSEG reported first-quarter 2017 adjusted operating earnings of 92 cents per share, which exceeded the Zacks Consensus Estimate of 84 cents by 9.5%. Earnings also improved 1.1% on a year-over-year basis. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report The AES Corporation (AES): Free Stock Analysis Report Public Service Enterprise Group Incorporated (PEG): Free Stock Analysis Report Pattern Energy Group Inc. (PEGI): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-05-05,20.1124,20.3244,20.1007,20.2091,"EXC Added as Top 10 Utility Dividend Stock With 3.85% Yield Exelon Corp (Symbol: EXC) has been named as a Top 10 dividend paying utility stock, according to Dividend Channel , which published its weekly ''DividendRank'' report. The report noted that among utilities, EXC shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong quarterly dividend history at Exelon Corp, and favorable long-term multi-year growth rates in key fundamental data points. The report stated, '' Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research. '' The annualized dividend paid by Exelon Corp is $1.31/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 05/11/2017. Below is a long-term dividend history chart for EXC, which Dividend Channel stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. The Top 10 DividendRank'ed Utility Stocks » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-05-08,20.2305,20.2912,20.1065,20.1584,
EXC,2017-05-09,20.1202,20.127,19.7548,19.7655,"[""Ex-Dividend Reminder: Kroger, Vectren and Exelon Looking at the universe of stocks we cover at Dividend Channel , on 5/11/17, Kroger Co (Symbol: KR), Vectren Corp (Symbol: VVC), and Exelon Corp (Symbol: EXC) will all trade ex-dividend for their respective upcoming dividends. Kroger Co will pay its quarterly dividend of $0.12 on 6/1/17, Vectren Corp will pay its quarterly dividend of $0.42 on 6/1/17, and Exelon Corp will pay its quarterly dividend of $0.3275 on 6/9/17. As a percentage of KR's recent stock price of $28.99, this dividend works out to approximately 0.41%, so look for shares of Kroger Co to trade 0.41% lower - all else being equal - when KR shares open for trading on 5/11/17. Similarly, investors should look for VVC to open 0.71% lower in price and for EXC to open 0.96% lower, all else being equal. Below are dividend history charts for KR, VVC, and EXC, showing historical dividends prior to the most recent ones declared. Kroger Co (Symbol: KR) : Vectren Corp (Symbol: VVC) : Exelon Corp (Symbol: EXC) : In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.66% for Kroger Co , 2.83% for Vectren Corp, and 3.85% for Exelon Corp. In Tuesday trading, Kroger Co shares are currently up about 0.2%, Vectren Corp shares are down about 0.3%, and Exelon Corp shares are off about 0.6% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Enters Oversold Territory The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks , according to a proprietary formula designed to identify those stocks that combine two important characteristics - strong fundamentals and a valuation that looks inexpensive. Exelon Corp (Symbol: EXC) presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is among the top most \""interesting\"" ideas that merit further research by investors. But making Exelon Corp an even more interesting and timely stock to look at, is the fact that in trading on Tuesday, shares of EXC entered into oversold territory, changing hands as low as $33.65 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Exelon Corp, the RSI reading has hit 29.9 - by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 51.7. A falling stock price - all else being equal - creates a better opportunity for dividend investors to capture a higher yield. Indeed, EXC's recent annualized dividend of 1.31/share (currently paid in quarterly installments) works out to an annual yield of 3.83% based upon the recent $34.26 share price. A bullish investor could look at EXC's 29.9 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on EXC is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue. According to the ETF Finder at ETF Channel, EXC makes up 6.60% of the iShares Edge MSCI Multifactor Utilities ETF (Symbol: UTLF) which is trading relatively unchanged on the day Tuesday. Click here to find out what 9 other oversold dividend stocks you need to know about \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-05-10,19.8115,19.8839,19.6835,19.8672,
EXC,2017-05-11,19.8819,19.9844,19.789,19.9063,
EXC,2017-05-12,19.9961,20.3527,19.9063,20.2815,
EXC,2017-05-15,20.4162,20.6957,20.4055,20.6185,"The Math Shows SYV Can Go To $67 Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel , we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the SPDR MFS Systematic Value Equity ETF (Symbol: SYV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $66.61 per unit. With SYV trading at a recent price near $58.46 per unit, that means that analysts see 13.93% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of SYV's underlying holdings with notable upside to their analyst target prices are Discover Financial Services (Symbol: DFS), Intel Corp (Symbol: INTC), and Exelon Corp (Symbol: EXC). Although DFS has traded at a recent price of $60.27/share, the average analyst target is 24.09% higher at $74.79/share. Similarly, INTC has 14.78% upside from the recent share price of $35.53 if the average analyst target price of $40.78/share is reached, and analysts on average are expecting EXC to reach a target price of $39.05/share, which is 14.43% above the recent price of $34.13. Below is a twelve month price history chart comparing the stock performance of DFS, INTC, and EXC: Combined, DFS, INTC, and EXC represent 8.01% of the SPDR MFS Systematic Value Equity ETF. Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-05-16,20.5647,20.6244,20.3713,20.5051,
EXC,2017-05-17,20.4719,20.7699,20.4602,20.7085,
EXC,2017-05-18,20.7729,20.9917,20.512,20.8442,
EXC,2017-05-19,20.8911,20.8911,20.6674,20.8335,
EXC,2017-05-22,20.7455,21.1783,20.7455,21.1128,
EXC,2017-05-23,21.108,21.1471,20.9683,21.0181,"After Hours Most Active for May 23, 2017 : HPE, QQQ, WFM, GE, BAC, NLY, ODP, EXC, KO, MSFT, AAPL, CSCO The NASDAQ 100 After Hours Indicator is up 1.48 to 5,704.83. The total After hours volume is currently 37,245,937 shares traded. The following are the most active stocks for the after hours session : Hewlett Packard Enterprise Company ( HPE ) is unchanged at $18.86, with 2,175,373 shares traded. HPE's current last sale is 89.81% of the target price of $21. PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.09 at $139.23, with 2,143,368 shares traded. This represents a 36.84% increase from its 52 Week Low. Whole Foods Market, Inc. ( WFM ) is unchanged at $35.33, with 2,020,981 shares traded. WFM's current last sale is 98.14% of the target price of $36. General Electric Company ( GE ) is -0.01 at $28.27, with 1,989,912 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2017. The consensus EPS forecast is $0.54. GE's current last sale is 85.67% of the target price of $33. Bank of America Corporation ( BAC ) is unchanged at $23.39, with 1,721,844 shares traded. As reported by Zacks, the current mean recommendation for BAC is in the ""buy range"". Annaly Capital Management Inc ( NLY ) is unchanged at $11.68, with 1,412,706 shares traded. NLY's current last sale is 108.65% of the target price of $10.75. Office Depot, Inc. ( ODP ) is unchanged at $5.01, with 1,376,745 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2017. The consensus EPS forecast is $0.09. ODP's current last sale is 93.64% of the target price of $5.35. Exelon Corporation ( EXC ) is -0.27 at $35.10, with 1,148,737 shares traded. As reported by Zacks, the current mean recommendation for EXC is in the ""buy range"". Coca-Cola Company (The) ( KO ) is +0.04 at $44.43, with 1,047,043 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2017. The consensus EPS forecast is $0.57. KO's current last sale is 98.73% of the target price of $45. Microsoft Corporation ( MSFT ) is unchanged at $68.68, with 963,556 shares traded. Over the last four weeks they have had 9 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2017. The consensus EPS forecast is $0.71. As reported by Zacks, the current mean recommendation for MSFT is in the ""buy range"". Apple Inc. ( AAPL ) is unchanged at $153.80, with 812,634 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2017. The consensus EPS forecast is $1.58. As reported by Zacks, the current mean recommendation for AAPL is in the ""buy range"". Cisco Systems, Inc. ( CSCO ) is -0.05 at $31.71, with 710,070 shares traded. As reported by Zacks, the current mean recommendation for CSCO is in the ""buy range"". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-05-24,21.0641,21.2907,20.9995,21.279,
EXC,2017-05-25,21.3513,21.4383,21.2126,21.41,
EXC,2017-05-26,21.3973,21.4383,21.2311,21.2848,
EXC,2017-05-30,21.2233,21.5115,21.1901,21.4284,
EXC,2017-05-31,21.4383,21.6591,21.3796,21.577,
EXC,2017-06-01,21.5398,21.831,21.451,21.8251,
EXC,2017-06-02,21.8681,21.8867,21.6424,21.7479,
EXC,2017-06-05,21.7255,21.831,21.6171,21.7665,
EXC,2017-06-06,21.8359,21.9014,21.7138,21.8036,"Exelon (EXC) Up 7.9% Since Earnings Report: Can It Continue? A month has gone by since the last earnings report for Exelon CorporationEXC . Shares have added about 7.9% in that time frame, outperforming the market. Will the recent positive trend continue leading up to the stock's next earnings release, or is it due for a pullback? Before we dive into how investors and analysts have reacted of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Exelon Earnings, Revenues Beat Estimates in Q1 Exelon's first-quarter 2017 adjusted operating earnings of $0.65 per share beat the Zacks Consensus Estimate of $0.61 by 6.5%. However, the quarterly earnings were 4.4% lower than the year-ago figure of $0.68. The year-over-year improvement in earnings was due to regulatory rate increase and solid performance of the company. On a GAAP basis, quarterly earnings were $1.09 per share, compared with $0.19 a year ago. The difference between GAAP and adjusted operating earnings was due to the combined impact of hedging activities, bargain purchase gain, merger commitments, gain from Decommissioning Trust (NDT) Fund Investments and a few one-time charges, resulting in a net gain of $0.42. Total Revenue Exelon's total operating revenue of $8,715 million surpassed the Zacks Consensus Estimate of $8,478 million by 2.8%. Quarterly revenues also increased 16.5% year over year from $7,482 million reported in the year-ago quarter. Quarterly Highlights Exelon's total operating expenses increased 18.4% year over year to $7,548 million. The increase was primarily due to higher purchasing power and fuel expenses, and operating and maintenance expenses. The company reported operating income of $1,171 million in the quarter, up 5.1% from $1,114 million a year ago. Interest expenses of $377 million were 31.3% higher than the year-ago quarter. During the quarter, the company issued two series of senior notes worth $750 million in aggregate. The proceeds from the sale of the senior notes were used to repay outstanding commercial paper obligations and for general corporate purposes. Hedges Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Mar 31, 2017, was 97-100% for 2017, 60-63% for 2018, and 30-33% for 2019. How Have Estimates Been Moving Since Then? Analysts were quiet during the last one month period as none of them issued any earnings estimate revisions. In the past month, the consensus estimate has shifted lower by 17.4%. Exelon Corporation Price and Consensus Exelon Corporation Price and Consensus | Exelon Corporation Quote VGM Scores At this time, Exelon's stock has a subpar Growth Score of 'D'. However, its Momentum is doing a bit better with a 'C'. The stock was allocated a grade of 'A' on the value side, putting it in the top quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of 'B'. If you aren't focused on one strategy, this score is the one you should be interested in. Our style scores indicate that the stock is more suitable for value investors than momentum investors. Outlook Notably, the stock has a Zacks Rank #3 (Hold). We expect in-line returns from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-06-07,21.7969,21.8954,21.7205,21.7539,
EXC,2017-06-08,21.7479,21.7539,21.5378,21.6307,
EXC,2017-06-09,21.6307,21.7969,21.5819,21.7587,
EXC,2017-06-12,21.7832,21.9072,21.6249,21.6746,
EXC,2017-06-13,21.6746,21.7479,21.6112,21.7205,
EXC,2017-06-14,21.8623,21.9258,21.7431,21.8036,
EXC,2017-06-15,21.7899,21.9014,21.6933,21.8799,
EXC,2017-06-16,21.9131,22.0577,21.9034,22.0342,
EXC,2017-06-19,22.0694,22.0743,21.7802,21.8917,
EXC,2017-06-20,21.875,22.0626,21.8036,21.919,"Commit To Purchase Exelon Corp At $25, Earn 2.8% Using Options Investors considering a purchase of Exelon Corp (Symbol: EXC) shares, but cautious about paying the going market price of $37.02/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $25 strike, which has a bid at the time of this writing of 70 cents. Collecting that bid as the premium represents a 2.8% return against the $25 commitment, or a 1.8% annualized rate of return (at Stock Options Channel we call this the YieldBoost ). Selling a put does not give an investor access to EXC's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. And the person on the other side of the contract would only benefit from exercising at the $25 strike if doing so produced a better outcome than selling at the going market price. ( Do options carry counterparty risk? This and six other common options myths debunked ). So unless Exelon Corp sees its shares decline 32.1% and the contract is exercised (resulting in a cost basis of $24.30 per share before broker commissions, subtracting the 70 cents from $25), the only upside to the put seller is from collecting that premium for the 1.8% annualized rate of return. Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $25 strike is located relative to that history: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2019 put at the $25 strike for the 1.8% annualized rate of return represents good reward for the risks. We calculate the trailing twelve month volatility for Exelon Corp (considering the last 252 trading day closing values as well as today's price of $37.02) to be 20%. For other put options contract ideas at the various different available expirations, visit the EXC Stock Options page of StockOptionsChannel.com. Top YieldBoost Puts of Stocks with Insider Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-06-21,21.9571,22.0626,21.6873,21.7899,"Duke Energy (DUK) Selects 6 Sites for Readiness Program Duke EnergyDUK announced that six properties in North Carolina will participate in the first half of its 2017 Site Readiness Program. These properties will be prepared for business and industrial development. About Site Readiness Program The program was started by Duke Energy in North Carolina in 2005 and since then it has invested $3.3 billion in this project creating over 2400 jobs. With the help of this program the prepared sites in the state have already won 11 major projects. The sites selected for development this time include a 200-acre tract in Newlin Farm Site of Haw River for heavy power and water infrastructure, a 290-acre tract in Chatham-Siler City Advanced Manufacturing Site to serve as a supplier park or commercial support park to any nearby larger project, 79-acre Craven County-owned site and 532-acre property at 401 North Site for industrial use, 278-acre Watson Farm site in Franklin County for industrial development and 278-acre Roberts and Wellons site in Johnston County to accommodate biotech manufacturing facilities.. Each of these sites is eligible to apply for a $10,000 matching grant from the company which will help in preparations. Growth Through Investments In addition to such site readiness program, Duke Energy boasts a robust five-year capital plan worth $37 billion in growth projects over the 2017-2021 time frame. The company has a history of heavy investment in infrastructure and expansion projects. Segment wise, it expects to spend about $30 billion for electric utilities and infrastructure, $6 billion for gas utilities and infrastructure, and $1 billion for commercial renewable for the aforementioned period. Duke Energy is also focused on generating cleaner energy and bolstering its renewable asset base. Toward this end, the company entered into an agreement with Siemens last week, to design and build a new advanced gas combustion turbine. This agreement will result in lower customer costs, regional economic growth, increased efficiency and flexibility. (Read more: Duke Energy, Siemens Agree to Build Gas Combustion Turbine ) Notably, Duke Energy is a premier utility service provider offering efficient power and energy services across various states in the U.S. and several other international locations. We appreciate the company's efforts on expanding its scale of operations and implementing modern technologies at its facilities, and in turn boosting employment rate of the nation. The recent selection for site readiness program is an example of one such initiative. Price Movement Duke Energy has outperformed the Zacks categorized Utility- Electric Power industry, in the last six months. During this period, the company's shares gained 12.9% as against the industry's gain of 8.1%. The company has also outperformed Alliant Energy Corporation LNT and Exelon Corporation EXC Duke Energy's strong focus on core domestic regulated and highly-contracted renewable business has bode well for its stable financial position and streamlined portfolio, which in turn might have driven this outperformance. Zacks Rank and other Stock to Consider Duke Energy currently has a Zacks Rank #3 (Hold). Another better-ranked stock in the same space is Brookfield Infrastructure Partners LP BIP , sporting a Zacks rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Brookfield Infrastructure Partners' EPS growth is estimated to be 10% in the next five years. The company surpassed its earnings estimates in three of the last four quarters by 0.79%. Zacks' Hidden Trades While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them? Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trade>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Brookfield Infrastructure Partners LP (BIP): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report Alliant Energy Corporation (LNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-06-22,21.7539,22.0342,21.7539,21.7832,
EXC,2017-06-23,21.7832,21.8623,21.6591,21.6873,
EXC,2017-06-26,21.7832,22.2473,21.7773,22.1124,"[""Southern Company's Kemper Project Suffers Another Setback Electric utility firm The Southern Company 's SO much delayed Kemper Project in Mississippi suffered a major setback yet again. This has raised questions over the project's future. The company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. EXC , RWE AG RWEOY and Duke Energy Corp. DUK - has spent years in the construction of the project based on clean coal gasification technology but now might have to run the plant as a natural gas facility. Recent Update The Mississippi Public Service Commission recently issued an ultimatum ordering Southern Company to redesign plans and run the Kemper Project solely on natural gas. The commission instructed lawyers to draft the formal order which it plans to issue on Jul 6 and has given the company 45 days to comply with the same. Mississippi regulators have encouraged rate reductions throughout. They wanted to eliminate rate-payers risk for the gasifiers' assets and not to increase the rates for Mississippi Power customers. Challenges Galore The Kemper Project has been facing continuous criticism owing to its poor execution, cost overruns and multiple delays. The plant is already three years behind schedule and is over $4 billion beyond the stipulated budget. The overall cost of the plant was estimated to total to around $3 billion in 2010. However, with several delays adding to the project's cost, the current price tag of the plant has ballooned over $7.3 billion. In the past 18 months, the company has announced 10 delays due to project management problems. The project found it difficult to get its two gasifiers to operate consistently. Mississippi Power, subsidiary of Southern Company and in charge of the Kemper Project, has been unable to make the project economically viable in the face of natural gas prices . Earlier this month, the company revealed plans to redesign and replace a key component in its plant - syngas cooler super heater system - in order to establish long-term sustained operations. Sustained operations will also require relocation of ash loading process together and other minor improvements. Further, the company also intends to undertake additional improvement projects over the next few years to fix leaks and other issues relating to the plant's performance, safety and operations which are likely to hike the overall cost of the plant by $186 million.The plant which has run periodically on syngas for about 200 dayshas not been able to integrate the coal gasification process fully over extended periods of time. What Lies Ahead? The Mississippi regulators who don't want to pass more of the plants ballooning costs to ratepayers, want them to pay for the $840 million in equipment that has been already approved by the regulators. The recent development has left the company in a fix. Management is in a dilemma in regard to its investment costs retrievement. The company won't be able to pass the costs to ratepayers now. Mississippi Power which is already grappling with weak financials might have to suffer additional losses. If Southern Company is unable to reach a satisfactory agreement with customers, the company might have to scrap off the costly gasification project. Kemper project had been central to ex-President Obama's Climate Plan as it is based on clean coal. Notably, the project also received the support of President Trump. Discontinuing the project may be a major setback for the Southern Company. The Best & Worst of Zacks Today you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 \""Strong Buys\"" free of charge. From 1988 through 2015 this list has averaged a stellar gain of +25% per year. Plus, you may download 220 Zacks Rank #5 \""Strong Sells.\"" Even though this list holds many stocks that seem to be solid, it has historically performed 6X worse than the market. See these critical buys and sells free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Southern Company (The) (SO): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report RWE AG (RWEOY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Monday Sector Leaders: Utilities, Services Looking at the sectors faring best as of midday Monday, shares of Utilities companies are outperforming other sectors, higher by 0.9%. Within that group, FirstEnergy Corp (Symbol: FE) and Exelon Corp (Symbol: EXC) are two large stocks leading the way, showing a gain of 3.9% and 2.0%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.8% on the day, and up 12.11% year-to-date. FirstEnergy Corp, meanwhile, is down 0.65% year-to-date, and Exelon Corp is up 6.78% year-to-date. Combined, FE and EXC make up approximately 7.0% of the underlying holdings of XLU. The next best performing sector is the Services sector, up 0.8%. Among large Services stocks, CVS Health Corporation (Symbol: CVS) and AutoNation, Inc. (Symbol: AN) are the most notable, showing a gain of 3.6% and 3.4%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF ( IYC ), which is up 0.6% in midday trading, and up 9.73% on a year-to-date basis. CVS Health Corporation, meanwhile, is up 2.95% year-to-date, and AutoNation, Inc., is down 15.99% year-to-date. Combined, CVS and AN make up approximately 2.6% of the underlying holdings of IYC. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, seven sectors are up on the day, while two sectors are down. 25 Dividend Giants Widely Held By ETFs \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-06-27,21.9638,22.0577,21.7372,21.8427,"[""Stock Market News for June 27, 2017 Gain in utilities and telecom stocks led the Dow and the S&P 500 to finish in the green on Monday. Moreover, financials were boosted by bank shares following news that the Italian government decided to close two of its struggling regional banks, Popolare di Vicenza and Veneto Banca. Additionally investors kept a close watch on comments made by several Fed officials. Meanwhile, continued overvaluation concerns weighed on major tech stocks, which in turn led the tech-based Nasdaq finish in negative territory. Additionally, investors digested weaker than anticipated durable-goods orders data. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article. The Dow Jones Industrial Average (DJI) advanced 0.1% to close at 21,409.55. The S&P 500 increased 0.77 points to close at 2,439.07. The tech-heavy Nasdaq Composite Index declined 0.3% to finish at 6,247.15. The Dow, the S&P 500 and Nasdaq have advanced 8.3%, 8.9% and 16.1% respectively on a year to date basis. A total of around 6.4 billion shares were traded on Monday, lower than the last 20-session average of 7.2 billion shares. The fear-gauge CBOE Volatility Index (VIX) traded lower than 10 for the first time since June 9. Advancers outnumbered declining stocks on the NYSE by a 1.88 to 1 ratio. Defensive Sectors Gain Durable-goods orders in May recorded a decline for the second successive month. Durable-goods orders fell 1.1% against the consensus estimate of a fall of 0.5%. This decrease followed a 0.9% decline in April. Weaker than feared durable orders data raised concerns over pace of economic growth which in turn led investors to invest in treasury bonds and defensive sectors. Defensive sectors experienced strong gains as rightly pointed out by portfolio manager of Kingsview Asset Management in Chicago, Paul Nolte. Nolte said \""The bond market is signaling an economic slowing. That's why you're seeing defensive names like utilities do well, because equity investors are buying more in line with what that bond market is saying.\"" Gains in defensive stocks like utilities and telecommunications had a positive impact on the broader markets. The broader Utilities Select Sector SPDR (XLU) increased 0.7%, emerging as the best performing sector of S&P 500. Some of its key holdings, including Exelon Corp EXC and NextEra Energy NEE increased 2% and 0.8% respectively. Separately, S&P 500 Telecom Service (Sector) advanced 0.6%, boosted by rise in shares of AT&T Inc T and Verizon Communications VZ . AT&T and Verizon experienced a gain of 0.5% and 0.8% respectively. Financials Boost Broader Markets Bank shares gained following news that the Italian government entered into a deal to shut down two of its regional banks, Popolare di Vicenza and Veneto Banca. This in turn led the U.S. bank shares northward. Additionally, financials were also boosted by comments from several Fed officials, who seemed to support further rate hike this year. San Francisco Fed President John Williams reportedly said another rate hike is required this year followed by three to four hikes in 2018. Separately, New York Fed chief William Dudley said that the reduction of credit spreads and declining bond yields might support central bank to continue its tightening policy. The broader Financials Select Sector SPDR (XLF) advanced 0.5%. Some of its key holdings, including US Bancorp USB and Goldman Sachs Group GS rose 0.5% and 1.5% respectively. Technology Shares Drag Down Nasdaq Technology shares fell on Monday, as investors remained concerned about overvaluation of technology companies. Drop in shares of large-cap tech companies, including Microsoft MSFT , Amazon.com AMZN and Alphabet GOOGL led to the day's losses. The tech sell-off was sparked off by release of a report from Goldman Sachs that issued warnings on valuations of major tech stalwarts. Shares of Alphabet, Microsoft and Apple declined 1.4%, 1% and 0.3% respectively. The broader Technology Select Sector SPDR (XLK) declined 0.5%, emerging as the worst performing sector of S&P 500. Stocks that made Headlines Martin Marietta to Buy Bluegrass, Boost Aggregates Business In line with its strategy to strengthen the aggregates business, Martin Marietta Materials, Inc. MLM entered into an agreement to acquire Bluegrass Materials Company for $1.625 billion in cash. ( Read More ) Is Sprint Mulling Over Wireless Talks with Comcast-Charter? Per the latest The Wall Street Journal report, U.S. national wireless carrier Sprint Corp. S might be eyeing a merger or network-resale agreement with two major U.S. cable multi-service operators (MSOs), Comcast Corp. CMCSA and Charter Communications Inc. CHTR . ( Read More ) Sell These Stocks. Now. Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500. See today's Zacks \""Strong Sells\"" absolutely free >> . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report U.S. Bancorp (USB): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Alphabet Inc. (GOOGL): Free Stock Analysis Report AT&T Inc. (T): Free Stock Analysis Report Sprint Corporation (S): Free Stock Analysis Report Verizon Communications Inc. (VZ): Free Stock Analysis Report Martin Marietta Materials, Inc. (MLM): Free Stock Analysis Report Comcast Corporation (CMCSA): Free Stock Analysis Report Charter Communications, Inc. (CHTR): Free Stock Analysis Report Microsoft Corporation (MSFT): Free Stock Analysis Report Goldman Sachs Group, Inc. (The) (GS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pacific Gas & Electric Co. (PCG) Ex-Dividend Date Scheduled for June 28, 2017 Pacific Gas & Electric Co. ( PCG ) will begin trading ex-dividend on June 28, 2017. A cash dividend payment of $0.53 per share is scheduled to be paid on July 15, 2017. Shareholders who purchased PCG prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.16% increase over prior dividend payment. At the current stock price of $68.12, the dividend yield is 3.11%. The previous trading day's last sale of PCG was $68.12, representing a -3.13% decrease from the 52 week high of $70.32 and a 18.26% increase over the 52 week low of $57.60. PCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PCG's current earnings per share, an indicator of a company's profitability, is $3.67. Zacks Investment Research reports PCG's forecasted earnings growth in 2017 as -2.39%, compared to an industry average of 3.7%. For more information on the declaration, record and payment dates, visit the PCG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PCG through an Exchange Traded Fund [ETF]? The following ETF(s) have PCG as a top-10 holding: VanEck Vectors Uranium & Nuclear Energy ETF ( NLR ) SPDR Select Sector Fund - Utilities ( XLU ) iShares U.S. Utilities ETF ( IDU ) Vanguard Utilities ETF - DNQ ( VPU ) PowerShares DWA Utilities Momentum Portfolio ( PUI ). The top-performing ETF of this group is IDU with an increase of 11.39% over the last 100 days. NLR has the highest percent weighting of PCG at 7.01%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-06-28,21.9072,21.9394,21.4694,21.5057,
EXC,2017-06-29,21.3855,21.5291,21.275,21.2965,
EXC,2017-06-30,21.3464,21.5575,21.2907,21.4334,
EXC,2017-07-03,21.5115,21.5398,21.1471,21.2965,
EXC,2017-07-05,21.2965,21.3738,21.025,21.108,
EXC,2017-07-06,21.0581,21.2311,21.0181,21.2018,
EXC,2017-07-07,21.2126,21.3327,21.0953,21.1412,"5 Utilities That Should Buy a Solar Yieldco Two years ago, yieldcos were all the rage in renewable energy. SunEdison launched TerraForm Power and TerraForm Global to grow its asset ownership arm, aiming to develop projects and then drop them down to the yieldcos. SunPower and First Solar launched 8point3 Energy Partners (NASDAQ: CAFD) to do the same, and most large solar companies at least explored the yieldco path. Utilities like NextEra Energy and NRG even launched their own yieldcos to house renewable energy assets. Two years of turmoil then hit the yieldco market, driven in part by SunEdison's bankruptcy. As yields rose, the yieldco model of using new debt and equity issuance to buy projects that are accretive to the dividend fell apart. And most companies abandoned their yieldco dreams. But yieldco stocks have made a nice recovery in 2017, and the model doesn't appear to be dead for companies with assets to drop down and a long-term vision of renewable energy. And with 8point3 Energy Partners looking for a buyer , here are five utilities who should buy 8point3 or another yieldco. Dominion Dominion (NYSE: D) is one of the country's largest utilities, with 26.2 GW of generation assets and regulated utilities in North Carolina and Virginia. It's resisted renewable energy for a long time, but in its most recent integrated resource plan it increased its plans for solar from 949 MW in 2016 to 4.1 GW in 2016 . And it will grow more beyond that with solar assets in California, Utah, Georgia, and other states across the country. As Dominion moves more into renewable energy, it will need a way to own assets held outside of the regulated utility. A yieldco would be a great place to drop down assets it develops across the country, providing a new source of funding and allowing more flexibility in Dominion's fully owned asset base. Southern Company Southern Company (NYSE: SO) is a utility that needs some good PR right now. It owns the massively over-budget Vogtle 3 and 4 nuclear plant units and the Kemper plant that was supposed to be ""clean coal"" but is now being transitioned to natural gas as the clean-coal equipment failed after being years late and billions over budget. Investors and regulators would welcome Southern Company taking less risk by developing renewable assets and then dropping them down to a yieldco. And with 4 GW of new renewable generation announced since 2012, the company would be a favorable partner for 8point3 Energy Partners. AES AES (NYSE: AES) has aggressively built an energy-storage business and recently acquired nearly half of sPower, one of the biggest solar developers in the country. What it doesn't have is a yieldco to own the assets it's developing. sPower is a project developer, but it's not structured to own the projects long-term, so if AES wants to maintain some value in any of the projects, it could use a yieldco. AES and sPower may not have enough deal flow, or enough projects to drop down to a yieldco to keep their own yieldco afloat. Thus, buying First Solar's half of 8point3 Energy Partners would make sense for all parties involved. Duke Energy Duke Energy (NYSE: DUK) was once the biggest owner of coal power plants in the country, but it's been talking about building more renewable energy for over a decade. And with 2.9 GW of wind and solar operating assets on the balance sheet, it has the projects a yieldco could buy. As the yieldco buys assets, Duke could use the funds to build more projects, pay a dividend, or pay down debt. It's possible Duke Energy could be big enough to support its own yieldco, in the mold of NextEra and NRG Energy, but the company would also be big enough to be a great partner if it wants to jump into 8point3 Energy Partners. Exelon Power producer Exelon (NYSE: EXC) has bet its future on nuclear power, but it doesn't appear that nuclear energy has much of a future in the U.S. New power plants are coming in way over budget, and older power plants are facing an uphill battle extending their licenses. Exelon's 2.0 GW of wind and solar assets are small in the context of the company's 33 GW portfolio, so Exelon isn't big enough to support a yieldco on its own right now. However, being a partner in a yieldco could give the company a focus on renewable energy, and a brighter path to the future. 10 stocks we like better than Wal-Mart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, the Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Wal-Mart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of June 5, 2017 The author(s) may have a position in any stocks mentioned. Travis Hoium owns shares of 8point3 Energy Partners, First Solar, and SunPower. The Motley Fool owns shares of NRG Energy. The Motley Fool recommends Dominion Resources. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-07-10,21.1471,21.3973,21.1471,21.2497,"Exelon Corp's 6.20% Trust Preferred Securities About To Put More Money In Your Pocket On 7/12/17, Exelon Corp's 6.20% Trust Preferred Securities (Symbol: BGE.PRB) will trade ex-dividend, for its quarterly dividend of $0.3875, payable on 7/17/17. As a percentage of BGE.PRB's recent share price of $26.27, this dividend works out to approximately 1.48%, so look for shares of BGE.PRB to trade 1.48% lower - all else being equal - when BGE.PRB shares open for trading on 7/12/17. On an annualized basis, the current yield is approximately 5.87%, which compares to an average yield of 4.81% in the ""Utilities"" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of BGE.PRB shares, versus EXC: Below is a dividend history chart for BGE.PRB, showing historical dividends prior to the most recent $0.3875 on Exelon Corp's 6.20% Trust Preferred Securities: According to the ETF Finder at ETF Channel, Exelon Corp (Symbol: EXC) makes up 6.95% of the iShares Edge MSCI Multifactor Utilities ETF ( UTLF ) which is trading lower by about 1.3% on the day Monday. In Monday trading, Exelon Corp's 6.20% Trust Preferred Securities (Symbol: BGE.PRB) is currently down about 0.7% on the day, while the common shares (Symbol: EXC) are up about 1%. Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-07-11,21.2848,21.3015,21.1011,21.2233,
EXC,2017-07-12,21.3973,21.5164,21.3562,21.4334,
EXC,2017-07-13,21.3738,21.404,21.1901,21.2233,
EXC,2017-07-14,21.3679,21.5535,21.3562,21.4284,
EXC,2017-07-17,21.6815,22.0215,21.6591,22.003,
EXC,2017-07-18,22.0157,22.0988,21.9327,22.0801,
EXC,2017-07-19,22.1348,22.2296,22.0215,22.2179,
EXC,2017-07-20,22.253,22.3948,22.169,22.342,
EXC,2017-07-21,22.3195,22.4387,22.1759,22.2707,"XLU, EXC, PCG, AEP: Large Inflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $156.0 million dollar inflow -- that's a 2.1% increase week over week in outstanding units (from 139,774,160 to 142,724,160). Among the largest underlying components of XLU, in trading today Exelon Corp (Symbol: EXC) is down about 0.2%, PG&E Corp (Symbol: PCG) is up about 0.1%, and American Electric Power Company, Inc. (Symbol: AEP) is higher by about 0.3%. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $45.33 per share, with $54.63 as the 52 week high point - that compares with a last trade of $52.93. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-07-24,22.2707,22.2766,22.0528,22.1056,
EXC,2017-07-25,22.1465,22.1955,21.9463,21.9971,
EXC,2017-07-26,21.9971,22.4075,21.9591,22.3898,"Wednesday Sector Leaders: Energy, Utilities In afternoon trading on Wednesday, Energy stocks are the best performing sector, higher by 0.5%. Within the sector, Newfield Exploration Co (Symbol: NFX) and Devon Energy Corp. (Symbol: DVN) are two of the day's stand-outs, showing a gain of 2.0% and 1.9%, respectively. Among energy ETFs , one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is up 0.8% on the day, and down 10.81% year-to-date. Newfield Exploration Co, meanwhile, is down 29.88% year-to-date, and Devon Energy Corp., is down 26.17% year-to-date. Combined, NFX and DVN make up approximately 2.1% of the underlying holdings of XLE. The next best performing sector is the Utilities sector, up 0.3%. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and NextEra Energy Inc (Symbol: NEE) are the most notable, showing a gain of 1.5% and 1.3%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF ( XLU ), which is up 0.5% in midday trading, and up 10.34% on a year-to-date basis. Exelon Corp, meanwhile, is up 7.75% year-to-date, and NextEra Energy Inc is up 22.98% year-to-date. Combined, EXC and NEE make up approximately 15.4% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, three sectors are up on the day, while four sectors are down. 10 ETFs With Stocks That Insiders Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-07-27,22.4192,22.6029,22.3067,22.5745,
EXC,2017-07-28,22.5618,22.8413,22.5081,22.8178,
EXC,2017-07-31,22.8119,22.8775,22.722,22.7827,"Noteworthy ETF Outflows: XLU, D, PCG, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $68.9 million dollar outflow -- that's a 0.9% decrease week over week (from 142,724,160 to 141,424,160). Among the largest underlying components of XLU, in trading today Dominion Energy Inc (Symbol: D) is trading flat, PG&E Corp (Symbol: PCG) is up about 0.1%, and Exelon Corp (Symbol: EXC) is lower by about 0.1%. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $45.33 per share, with $54.63 as the 52 week high point - that compares with a last trade of $53.09. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-08-01,22.8647,23.0445,22.8256,22.9077,"[""Pre-Market Earnings Report for August 2, 2017 : TWX, MDLZ, D, SO, EXC, HUM, FIS, CAH, DLPH, GGP, RACE, TAP The following companies are expected to report earnings prior to market open on 08/02/2017. Visit our Earnings Calendar for a full list of expected earnings releases. Time Warner Inc. ( TWX ) is reporting for the quarter ending June 30, 2017. The media company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.19. This value represents a 7.75% decrease compared to the same quarter last year. In the past year TWX has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 15.28%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for TWX is 16.87 vs. an industry ratio of 5.30, implying that they will have a higher earnings growth than their competitors in the same industry. Mondelez International, Inc. ( MDLZ ) is reporting for the quarter ending June 30, 2017. The food company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.46. This value represents a 4.55% increase compared to the same quarter last year. MDLZ missed the consensus earnings per share in the 4th calendar quarter of 2016 by -4.08%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for MDLZ is 20.86 vs. an industry ratio of -29.50, implying that they will have a higher earnings growth than their competitors in the same industry. Dominion Energy, Inc. ( D ) is reporting for the quarter ending June 30, 2017. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.66. This value represents a 7.04% decrease compared to the same quarter last year. D missed the consensus earnings per share in the 4th calendar quarter of 2016 by -1%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for D is 21.20 vs. an industry ratio of 18.00, implying that they will have a higher earnings growth than their competitors in the same industry. Southern Company ( SO ) is reporting for the quarter ending June 30, 2017. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.70. This value represents a 5.41% decrease compared to the same quarter last year. SO missed the consensus earnings per share in the 4th calendar quarter of 2016 by -22.58%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for SO is 16.19 vs. an industry ratio of 18.00. Exelon Corporation ( EXC ) is reporting for the quarter ending June 30, 2017. The electric power utilities company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.54. This value represents a 16.92% decrease compared to the same quarter last year. EXC missed the consensus earnings per share in the 4th calendar quarter of 2016 by -2.22%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for EXC is 14.41 vs. an industry ratio of 18.00. Humana Inc. ( HUM ) is reporting for the quarter ending June 30, 2017. The hmo company's consensus earnings per share forecast from the 10 analysts that follow the stock is $3.08. This value represents a 33.91% increase compared to the same quarter last year. In the past year HUM has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 7.84%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for HUM is 20.83 vs. an industry ratio of 20.20, implying that they will have a higher earnings growth than their competitors in the same industry. Fidelity National Information Services, Inc. ( FIS ) is reporting for the quarter ending June 30, 2017. The financial transactions company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.97. This value represents a 6.59% increase compared to the same quarter last year. In the past year FIS has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2017 Price to Earnings ratio for FIS is 21.41 vs. an industry ratio of 18.60, implying that they will have a higher earnings growth than their competitors in the same industry. Cardinal Health, Inc. ( CAH ) is reporting for the quarter ending June 30, 2017. The medical/dental supplies company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.24. This value represents a 8.77% increase compared to the same quarter last year. In the past year CAH has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 4.79%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for CAH is 14.44 vs. an industry ratio of 7.10, implying that they will have a higher earnings growth than their competitors in the same industry. Delphi Automotive plc ( DLPH ) is reporting for the quarter ending June 30, 2017. The auto (truck) company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.65. This value represents a 3.77% increase compared to the same quarter last year. In the past year DLPH has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 8.9%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for DLPH is 13.70 vs. an industry ratio of 11.20, implying that they will have a higher earnings growth than their competitors in the same industry. GGP Inc. ( GGP ) is reporting for the quarter ending June 30, 2017. The reit company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.35. This value represents a 2.78% decrease compared to the same quarter last year. In the past year GGP has met analyst expectations four times Zacks Investment Research reports that the 2017 Price to Earnings ratio for GGP is 14.49 vs. an industry ratio of 14.20, implying that they will have a higher earnings growth than their competitors in the same industry. Ferrari N.V. ( RACE ) is reporting for the quarter ending June 30, 2017. The auto (truck) company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.66. This value represents a 8.20% increase compared to the same quarter last year. In the past year RACE has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 30.19%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for RACE is 39.10 vs. an industry ratio of 11.20, implying that they will have a higher earnings growth than their competitors in the same industry. Molson Coors Brewing Company ( TAP ) is reporting for the quarter ending June 30, 2017. The alcohol company's consensus earnings per share forecast from the 3 analysts that follow the stock is $2.04. This value represents a 83.78% increase compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for TAP is 13.80 vs. an industry ratio of 7.60, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CMS Energy Corporation (CMS) Ex-Dividend Date Scheduled for August 02, 2017 CMS Energy Corporation ( CMS ) will begin trading ex-dividend on August 02, 2017. A cash dividend payment of $0.333 per share is scheduled to be paid on August 31, 2017. Shareholders who purchased CMS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CMS has paid the same dividend. At the current stock price of $46.24, the dividend yield is 2.88%. The previous trading day's last sale of CMS was $46.24, representing a -4.4% decrease from the 52 week high of $48.37 and a 19.24% increase over the 52 week low of $38.78. CMS is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). CMS's current earnings per share, an indicator of a company's profitability, is $1.99. Zacks Investment Research reports CMS's forecasted earnings growth in 2017 as 7.21%, compared to an industry average of 4.9%. For more information on the declaration, record and payment dates, visit the CMS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""What's in Store for Exelon Corporation (EXC) in Q2 Earnings? Exelon CorporationEXC is scheduled to report second-quarter 2017 results before the market opens on Aug 2. Last quarter, the company reported a positive earnings surprise of 6.56%. Let's see how things are shaping up for the second quarter. Factors to Consider In second-quarter 2017, Exelon expects to generate operating earnings of 45-55 cents per share, which will include the contribution from the FitzPatrick nuclear plants and the plants of the New York ZEC program that started operating from the beginning of the second quarter. A few of the company's nuclear plants came back online during the second quarter after planned outages. This will ensure reliable and emission-free power for the customers. However, lower wholesale power prices are a concern for Exelon, as it has substantial exposure in competitive operations. Earnings Whispers Our proven model does not conclusively show that Exelon Corporation is likely to beat on earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. Unfortunately, that is not the case here, as you will see below. Zacks ESP : Exelon Corporation's Earnings ESP is -3.70%. This is because the Most Accurate estimate is pegged at 52 cents, lower than the Zacks Consensus Estimate of 54 cents. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Exelon Corporation Price and EPS Surprise Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote Zacks Rank : The company carries a Zacks Rank #3. However, a negative ESP makes a positive earnings surprise unlikely this season. We caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is witnessing negative estimate revisions. Stocks to Consider Exelon Corporation does not have the correct mix to come out with an earnings surprise this season. However, the following companies from the Zacks categorized Utility sector have the right combination of elements to post an earnings beat this quarter. NiSource Inc. NI has an Earnings ESP of +10.0% and a Zacks Rank #2. It is slated to report second-quarter 2017 earnings on Aug 2. You can see the complete list of today's Zacks #1 Rank stocks here. ALLETE Inc. ALE has an Earnings ESP of +5.36% and a Zacks Rank #3. It is slated to report second-quarter 2017 earnings on Aug 2. IDAC ORP Inc. IDA has an Earnings ESP of +2.83% and a Zacks Rank #2. It is slated to report second-quarter 2017 earnings on Aug 3. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NiSource, Inc (NI): Free Stock Analysis Report IDACORP, Inc. (IDA): Free Stock Analysis Report Allete, Inc. (ALE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-08-02,22.6937,22.9477,22.4133,22.8296,"[""Exelon (EXC) Earnings and Revenues Surpass Estimates in Q2 Exelon Corporation 's EXC second-quarter 2017 adjusted operating earnings of 54 cents per share beat the Zacks Consensus Estimate of 52 cents by 3.8%. However, the quarterly earnings were 16.9% lower than the year-ago figure of 65 cents. The year-over-year decline in earnings was due to increased nuclear outage days and lower realized energy prices. On a GAAP basis, quarterly earnings were 9 cents per share, compared with 29 cents in the year-ago quarter. The difference between GAAP and adjusted operating earnings was due to the combined impact of plant divestment, hedging activities, assets impairments and a few one-time items, resulting in a net loss of 45 cents. Exelon Corporation Price, Consensus and EPS Surprise Exelon Corporation Price, Consensus and EPS Surprise | Exelon Corporation Quote Total Revenue Exelon's operating revenues of $7,623 million surpassed the Zacks Consensus Estimate of $7,514 million by 1.4%. Quarterly revenues also increased 10.3% year over year from $6,910 million reported in the year-ago quarter. Quarterly Highlights Exelon's two new combined-cycle gas turbines totaling nearly 2,200 MWs in Texas went into service on time and on budget during the second quarter. Exelon's total operating expenses increased 17.5% year over year to $7,392 million. The increase was primarily due to higher purchasing power and fuel expenses, and operating and maintenance expenses. Interest expenses of $436 million were 15.9% higher than the year-ago quarter. Hedges Exelon's hedging program involves hedging of commodity risks for expected generation typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Jun 30, 2017, was 96-99% for 2017, 71-74% for 2018, and 39-42% for 2019. Guidance Exelon reiterated its 2017 earnings guidance per share of $2.50-$2.80. Zacks Rank Exelon Corporation currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Peer Releases American Electric Power Co., Inc. AEP reported second-quarter 2017 operating earnings of 75 cents per share, lagging the Zacks Consensus Estimate of 82 cents by 8.5%. NextEra Energy, Inc. NEE reported second-quarter 2017 adjusted earnings of $1.86 per share, beating the Zacks Consensus Estimate of $1.76 by 5.7%. Reported earnings were also up 11.4% year over year. Dominion Energy Inc. D reported second-quarter 2017 operating earnings of 67 per share, beating the Zacks Consensus Estimate of 66 by a penny. More Stock News: Tech Opportunity Worth $386 Billion in 2017 From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future. Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Southern Company (SO) Tops Q2 Earnings and Sales Estimates Power supplier TheSouthern CompanySO reported second-quarter 2017 earnings per share (excluding certain one-time items) of 73 cents, beating the Zacks Consensus Estimate of 71 cents. Better-than-expected results were driven by higher revenues mainly from the Southern Company Gas which was acquired in Jul 2016. However the bottom line declined from the year-ago adjusted profit of 75 cents. The Atlanta-based utility's quarterly revenues of $5,430 million were 21% higher than the year-ago quarter level of $4,459 million and also beat the Zacks Consensus Estimate of $4,877 million, driven by robust performance of its wholesale unit. Southern Company (The) Price, Consensus and EPS Surprise Southern Company (The) Price, Consensus and EPS Surprise | Southern Company (The) Quote Sales Report Southern Company's total retail sales fell 1.5%, with both residential and commercial sales declining. Total wholesale sales during the fourth quarter jumped 45.1% from the same period last year. However, industrial sales dipped 0.8% year over year. Total electricity sales during the first quarter were up 6.5% from the same period last year. Expenses Break Up The power supplier's operations and maintenance cost increased 18.3% to $1,301 million, while the utility's total operating expense for the period - at $7,024 million - was up 114.5% from the prior-year level. Kemper IGCC plant suffered a loss of $3,012 million owing to escalating costs in the quarter. Zacks Rank Southern Company is one of the largest generators of electricity in the nation along with the likes of Exelon Corporation EXC , RWE Aktiengesellschaft RWEOY and Duke Energy Corporation DUK . Southern Company currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . More Stock News: Tech Opportunity Worth $386 Billion in 2017 From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future. Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Southern Company (The) (SO): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report RWE AG (RWEOY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corporation (EXC) Beats on Q2 Earnings and Revenues Exelon CorporationEXC , a competitive energy provider, delivers electricity and natural gas to customers in central Maryland, northern Illinois and southeastern Pennsylvania through its subsidiaries. The Chicago, IL-based firm operates in 48 states and the District of Columbia of the U.S., and Canada. Exelon's strategy of matching its load business with generation fleet, addition of renewable and natural gas based power generating units to its portfolio, systematic divestment of non-core assets will drive its performance. Exelon's acquisition of Pepco Holdings Inc. is expected to increase cash flow by $700 million to $850 million in the 2017-2019 time period. Estimate Trend & Surprise History Investors should note that the second quarter Zacks Consensus Estimate for earnings of 52 cents per share decreased by 21.2% over the last 90 days. Coming to the earnings surprise, Exelon has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in a positive average surprise of 10.85%. Zacks Rank : Currently, Exelon has a Zacks Rank#3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . However the rank could change following its second quarter 2017 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earning s: Exelon reported earnings of 54 cents per share, surpassing the Zacks Consensus Estimate of 52 cents by 3.8%. Exelon Corporation Price and EPS Surprise Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote Revenue: Exelon's total revenues came in at $7,623 million, 1.4% higher than the Zacks Consensus Estimate of $7,514 million. Key Stats : Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Jun 30, 2017, was 96-99% for 2017, 71-74% for 2018, and 39-42% for 2019. Check back for our full write up on this EXC earnings report later! More Stock News: Tech Opportunity Worth $386 Billion in 2017 From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future. Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-08-03,22.8071,22.8578,22.6909,22.8413,
EXC,2017-08-04,22.7827,22.8002,22.556,22.681,"EXC Added as Top 10 Utility Dividend Stock With 3.41% Yield Exelon Corp (Symbol: EXC) has been named as a Top 10 dividend paying utility stock, according to Dividend Channel , which published its weekly ''DividendRank'' report. The report noted that among utilities, EXC shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong quarterly dividend history at Exelon Corp, and favorable long-term multi-year growth rates in key fundamental data points. The report stated, '' Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research. '' The annualized dividend paid by Exelon Corp is $1.31/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 08/11/2017. Below is a long-term dividend history chart for EXC, which Dividend Channel stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. The Top 10 DividendRank'ed Utility Stocks » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-08-07,22.6693,22.7407,22.6097,22.7113,
EXC,2017-08-08,22.6566,22.8041,22.597,22.7055,
EXC,2017-08-09,22.8296,22.8647,22.4006,22.4006,"[""The Newest Risk to Nuclear Power May Be the Biggest Yet (Hint: It's Hacking) Nuclear energy has faced no shortage of obstacles over the past several years, although the biggest threat to date has been economics. Existing facilities have struggled to compete with cheap natural gas -- which can be turned on and off to respond to grid demand -- and subsidized wind power -- which sends electricity to the grid no matter what. However, reactors could become more competitive soon. Exelon (NYSE: EXC) managed to win Zero Emission Credits for nuclear generation in the states of Illinois and New York , while Pennsylvania may be next. Meanwhile, the handful of new reactors in various stages of construction have been mired in costly budget overruns and delays, an unfortunate side effect of America's lack of investment and nurturing of nuclear technology and institutional knowledge in the last 50 years. We literally don't even know how to build nuclear reactors anymore. But economics may no longer be the biggest threat. A series of recently uncovered cyberattacks hint that hacking may be a worrisome new risk for existing nuclear reactors. A serious threat? In late June E&E News was the first to report that an American nuclear facility had been hacked into, prompting the FBI and Department of Homeland Security to issue back-to-back cybersecurity warnings to grid operators. The site, initially identified only as \""nuclear 17\"", was later confirmed to be the Wolf Creek facility in Kansas. It's owned by a consortium that includes Westar Energy (NYSE: WR) . Although it hasn't commented on the hack directly to shareholders, the company began including \""cyber terrorism\"" as a potential risk in SEC filings beginning on July 9. That may soon become the norm for utilities and power generators, especially those exposed to nuclear energy, which generates 19% of American electricity. EXC data by YCharts How real is the risk? The New York Timesobtained an urgent joint report issued by the Department of Homeland Security and the FBI that resulted in an \""urgent amber warning\"", which is the second-highest possible. Grid hacking is already commonplace in the Ukraine, which security experts suspect Russia is using as a sandbox to test hacking tools for industrial infrastructure. Indeed, the techniques used to hack into Wolf Creek are eerily similar to a Russian hacking group called \""Energetic Bear\"". Wolf Creek was hardly a one time incident in the United States. Michael Yates of Vanity Fairrecently interviewed current and former officials at the U.S. Department of Energy, which devotes half of its annual budget to nuclear waste management and nuclear security for the entire planet. One interviewee, John MacWilliams, the first Chief Risk Officer for the DOE, spoke to the vulnerability of the national grid to hacking: A silver lining Officials from Westar Energy said no operations systems were affected and that they were run on a network that was separate from the corporate network. That brings up an interesting point: The age of nuclear power facilities may actually help insulate them from cyber terrorism. Many are still run with analog controls, although others are being upgraded to digital controls that are more susceptible to hacking. Even if you consider that to be reassuring, a hacked nuclear plant could lead to more than grid outages. It's a long tail risk, or one in which the odds of occurrence are low but the consequences are severe. Should the cooling systems and other safeguards \""fail\"" in a nuclear power plant, then a crisis could quickly emerge. What does it mean for investors? The new reality of cyber warfare presents a significant new risk to nuclear power plant operators such as Exelon and Westar Energy, and investors should expect new risk factors to begin appearing in SEC filings. It also presents another argument in favor of distributed, clean energy systems -- and I'm saying that as a nuclear bull. After all, a hacked solar panel or wind turbine sounds significantly less terrifying than a hacked nuclear plant. Unfortunately, right now there are not enough data to quantify the risks posed to nuclear power facilities in the United States, let alone broken down by owner. But should the cybersecurity threat continue to grow -- and all indications are that it will -- then it's yet another downside to nuclear energy. And this latest risk could be the last straw in the court of public opinion. 10 stocks we like better than Exelon When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Exelon wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of August 1, 2017 Maxx Chatsko has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""WEC Energy Group, Inc. (WEC) Ex-Dividend Date Scheduled for August 10, 2017 WEC Energy Group, Inc. ( WEC ) will begin trading ex-dividend on August 10, 2017. A cash dividend payment of $0.52 per share is scheduled to be paid on September 01, 2017. Shareholders who purchased WEC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that WEC has paid the same dividend. At the current stock price of $64.73, the dividend yield is 3.21%. The previous trading day's last sale of WEC was $64.73, representing a -0.05% decrease from the 52 week high of $64.76 and a 20.62% increase over the 52 week low of $53.66. WEC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WEC's current earnings per share, an indicator of a company's profitability, is $3.04. Zacks Investment Research reports WEC's forecasted earnings growth in 2017 as 4.45%, compared to an industry average of 4.2%. For more information on the declaration, record and payment dates, visit the WEC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to WEC through an Exchange Traded Fund [ETF]? The following ETF(s) have WEC as a top-10 holding: PowerShares DWA Utilities Momentum Portfolio ( PUI ) Vanguard Mid-Cap Value ETF - DNQ ( VOE ). The top-performing ETF of this group is PUI with an increase of 6.17% over the last 100 days. It also has the highest percent weighting of WEC at 3.52%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-08-10,22.4075,22.5325,22.3157,22.4251,"[""Exelon Corporation (EXC) Ex-Dividend Date Scheduled for August 11, 2017 Exelon Corporation ( EXC ) will begin trading ex-dividend on August 11, 2017. A cash dividend payment of $0.327 per share is scheduled to be paid on September 08, 2017. Shareholders who purchased EXC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that EXC has paid the same dividend. At the current stock price of $37.7, the dividend yield is 3.47%. The previous trading day's last sale of EXC was $37.7, representing a -2.78% decrease from the 52 week high of $38.78 and a 26.43% increase over the 52 week low of $29.82. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Pacific Gas & Electric Co. ( PCG ). EXC's current earnings per share, an indicator of a company's profitability, is $1.91. Zacks Investment Research reports EXC's forecasted earnings growth in 2017 as -.47%, compared to an industry average of 4.2%. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EXC through an Exchange Traded Fund [ETF]? The following ETF(s) have EXC as a top-10 holding: VanEck Vectors Uranium & Nuclear Energy ETF ( NLR ) SPDR Select Sector Fund - Utilities ( XLU ) iShares U.S. Utilities ETF ( IDU ) Vanguard Utilities ETF - DNQ ( VPU ) Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ). The top-performing ETF of this group is NLR with an increase of 7% over the last 100 days. It also has the highest percent weighting of EXC at 6.66%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UNITIL Corporation (UTL) Ex-Dividend Date Scheduled for August 11, 2017 UNITIL Corporation ( UTL ) will begin trading ex-dividend on August 11, 2017. A cash dividend payment of $0.36 per share is scheduled to be paid on August 29, 2017. Shareholders who purchased UTL prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that UTL has paid the same dividend. At the current stock price of $50.37, the dividend yield is 2.86%. The previous trading day's last sale of UTL was $50.37, representing a -3.5% decrease from the 52 week high of $52.20 and a 35% increase over the 52 week low of $37.31. UTL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). UTL's current earnings per share, an indicator of a company's profitability, is $2.09. Zacks Investment Research reports UTL's forecasted earnings growth in 2017 as 2.06%, compared to an industry average of 4.2%. For more information on the declaration, record and payment dates, visit the UTL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Genie Energy Ltd. (GNE) Ex-Dividend Date Scheduled for August 11, 2017 Genie Energy Ltd. ( GNE ) will begin trading ex-dividend on August 11, 2017. A cash dividend payment of $0.075 per share is scheduled to be paid on August 25, 2017. Shareholders who purchased GNE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that GNE has paid the same dividend. At the current stock price of $6.07, the dividend yield is 4.94%. The previous trading day's last sale of GNE was $6.07, representing a -26.94% decrease from the 52 week high of $8.31 and a 19.72% increase over the 52 week low of $5.07. GNE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). GNE's current earnings per share, an indicator of a company's profitability, is -$1.85. For more information on the declaration, record and payment dates, visit the GNE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Allete, Inc. (ALE) Ex-Dividend Date Scheduled for August 11, 2017 Allete, Inc. ( ALE ) will begin trading ex-dividend on August 11, 2017. A cash dividend payment of $0.535 per share is scheduled to be paid on September 01, 2017. Shareholders who purchased ALE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ALE has paid the same dividend. At the current stock price of $74.35, the dividend yield is 2.88%. The previous trading day's last sale of ALE was $74.35, representing a -1.09% decrease from the 52 week high of $75.17 and a 31.64% increase over the 52 week low of $56.48. ALE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ALE's current earnings per share, an indicator of a company's profitability, is $3.39. Zacks Investment Research reports ALE's forecasted earnings growth in 2017 as 15.46%, compared to an industry average of 4.2%. For more information on the declaration, record and payment dates, visit the ALE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ALE through an Exchange Traded Fund [ETF]? The following ETF(s) have ALE as a top-10 holding: PowerShares S&P SmallCap Utilities Portfolio ( PSCU ) First Trust RBA Quality Income ETF ( QINC ) Vanguard S&P Small-Cap 600 Value ETF ( VIOV ) PowerShares S&P SmallCap Low Volatility Portfolio ( XSLV ) iShares S&P SmallCap 600 Value ETF ( IJS ). The top-performing ETF of this group is PSCU with an increase of 12.58% over the last 100 days. It also has the highest percent weighting of ALE at 15%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-08-11,22.4787,22.5208,22.3293,22.4787,"Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for August 14, 2017 Consolidated Edison Inc ( ED ) will begin trading ex-dividend on August 14, 2017. A cash dividend payment of $0.69 per share is scheduled to be paid on September 15, 2017. Shareholders who purchased ED prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ED has paid the same dividend. At the current stock price of $83.64, the dividend yield is 3.3%. The previous trading day's last sale of ED was $83.64, representing a -1.75% decrease from the 52 week high of $85.13 and a 21.64% increase over the 52 week low of $68.76. ED is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ED's current earnings per share, an indicator of a company's profitability, is $4.14. Zacks Investment Research reports ED's forecasted earnings growth in 2017 as 2.82%, compared to an industry average of 3.3%. For more information on the declaration, record and payment dates, visit the ED Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ED through an Exchange Traded Fund [ETF]? The following ETF(s) have ED as a top-10 holding: PowerShares DWA Utilities Momentum Portfolio ( PUI ) PowerShares Russell Midcap Pure Value Portfolio ( PXMV ) JPMorgan Diversified Return U.S. Mid Cap Equity ETF ( JPME ). The top-performing ETF of this group is PUI with an increase of 6.35% over the last 100 days. It also has the highest percent weighting of ED at 3.05%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-08-14,22.5159,22.557,22.4251,22.5413,
EXC,2017-08-15,22.4192,22.7494,22.4192,22.683,"After Hours Most Active for Aug 15, 2017 : MSFT, MU, FOXA, URBN, ORCL, WMB, QQQ, PFE, CMCSA, EXC, CHK, XOM The NASDAQ 100 After Hours Indicator is down -.01 to 5,907.72. The total After hours volume is currently 51,287,979 shares traded. The following are the most active stocks for the after hours session : Microsoft Corporation ( MSFT ) is -0.04 at $73.18, with 4,490,128 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2017. The consensus EPS forecast is $0.77. As reported by Zacks, the current mean recommendation for MSFT is in the ""buy range"". Micron Technology, Inc. ( MU ) is +0.04 at $29.72, with 3,267,265 shares traded. As reported by Zacks, the current mean recommendation for MU is in the ""buy range"". Twenty-First Century Fox, Inc. ( FOXA ) is +0.0058 at $27.86, with 2,137,663 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2018. The consensus EPS forecast is $0.5. As reported by Zacks, the current mean recommendation for FOXA is in the ""buy range"". Urban Outfitters, Inc. ( URBN ) is +2.26 at $19.08, with 2,093,319 shares traded. RTT News Reports: Urban Outfitters Inc. Profit Drops 35% In Q2 Oracle Corporation ( ORCL ) is unchanged at $48.83, with 1,919,707 shares traded. As reported by Zacks, the current mean recommendation for ORCL is in the ""buy range"". Williams Companies, Inc. (The) ( WMB ) is unchanged at $29.97, with 1,904,511 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2017. The consensus EPS forecast is $0.19. As reported by Zacks, the current mean recommendation for WMB is in the ""buy range"". PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.05 at $144.08, with 1,834,522 shares traded. This represents a 27% increase from its 52 Week Low. Pfizer, Inc. ( PFE ) is unchanged at $33.38, with 1,712,269 shares traded. PFE's current last sale is 92.72% of the target price of $36. Comcast Corporation ( CMCSA ) is -0.02 at $41.48, with 1,640,708 shares traded. Over the last four weeks they have had 9 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2017. The consensus EPS forecast is $0.49. As reported by Zacks, the current mean recommendation for CMCSA is in the ""buy range"". Exelon Corporation ( EXC ) is +0.0058 at $37.85, with 1,483,882 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2017. The consensus EPS forecast is $0.61. As reported by Zacks, the current mean recommendation for EXC is in the ""buy range"". Chesapeake Energy Corporation ( CHK ) is +0.03 at $4.01, with 1,385,859 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2018. The consensus EPS forecast is $0.28. , following a 52-week high recorded in today's regular session. Exxon Mobil Corporation ( XOM ) is +0.21 at $78.25, with 1,353,985 shares traded., following a 52-week high recorded in today's regular session. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-08-16,22.683,22.8628,22.6508,22.8569,
EXC,2017-08-17,22.8159,22.8902,22.5345,22.5413,
EXC,2017-08-18,22.5208,22.8902,22.468,22.7739,
EXC,2017-08-21,22.8159,22.8628,22.683,22.7543,
EXC,2017-08-22,22.7739,22.9419,22.7543,22.9184,"Top Analyst Reports for Allergan, Ecolab & Exelon Tuesday, August 22, 2017 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Allergan (AGN), Ecolab (ECL) and Exelon (EXC). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today's research reports here >>> Allergan 's shares have gained +7.1% year to date, outperforming the Zacks Generic Drugs industry, which has declined -19.3% over the same period. Allergan beat estimates for both earnings and sales in the second quarter. Meanwhile, the company raised its 2017 sales and earnings outlook. The Zacks analyst likes key products like Botox and Linzess as well as new products such as Viberzi and Vraylar which are supporting sales growth. Allergan boasts dominant growth franchises in several areas and is strengthening its product portfolio through strategic acquisitions. With the closing of the Teva deal, Allergan can now focus on the branded segment. It also boasts a strong branded pipeline with meaningful data read-outs expected in the near term. However, Allergan is facing generic competition for legacy brands like Namenda XR and Asacol HD, which concerns us. Also, competition for key growth drivers like Restasis is a concern. (You can read the full research report on Allergan here >>> ) . Shares of Ecolab have gained +11.9% year-to-date, outperforming the Zacks Specialty Chemicals industry which has increased +8.5% over the same period. Ecolab's second-quarter earnings and revenues surpassed expectations. The Zacks analyst likes Ecolab's robust product portfolio and expanding customer base, which will likely drive Ecolab organic sales over the long haul. In fact, the realization of targeted synergies associated with acquisitions should also pave way for margin expansion. The company expects its water, food and beverage, and paper businesses to benefit in the near term. On the flipside, Ecolab operates in highly competitive markets, which might dent its prospects over the long haul. Volatility in foreign currency exchange rates will remain a significant headwind for the company. Ecolab also faces pricing pressure in the Energy segment which is likely to hurt profits. (You can read the full research report on Ecolab here >>> ) . Exelon shares have gained +14% over the last one year, outperforming the Zacks Electric Power Industry which has gained +8.9% over the same period. The company's second-quarter earnings and total revenue exceeded expectations due to higher utility earnings attributable to regulatory rate increases. The Zacks analyst thinks Exelon is well positioned to gain from rate revisions and strong operational performance across its business. Further, the company is benefiting from the Pepco Holdings acquisition. However, Exelon is subject to the impact of commodity price volatility, price fluctuation in the wholesale markets and unfavorable weather conditions. Stringent government regulation is also a cause for concern. (You can read the full research report on Exelon here >>> ) . Other noteworthy reports we are featuring today include GlaxoSmithKline (GSK), Valero (VLO) and Rockwell Collins (COL). Zacks' 10-Minute Stock-Picking Secret Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars. But here's something even more remarkable: You can master this proven system without going to a single class or seminar. And then you can apply it to your portfolio in as little as 10 minutes a month. Learn the secret >> Mark Vickery Senior Editor Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trendsand Earnings Previewreports. If you want an email notification each time Sheraz publishes a new article, please click here>>> Today's Must Read Allergan's (AGN) Key Drugs like Botox to Counter Generic Woes Robust Product Portfolio, Growing Customer Base Boost Ecolab (ECL) Exelon (EXC) Thrives on Regulated Investments, Acquisitions Featured Reports Positive Budget, Order Growth Drive Huntington Ingalls (HII) Per the Zacks analyst, shipbuilding business' outlook remains strong for Huntington Ingalls given the fiscal 2017 budget proposed by Trump. Valero's (VLO) Higher Throughput Volume to Offset Debt Load The Zacks analyst believes that improving throughput volume on higher refinery utilization will help Valero generate more cash flow. Focus on R&D Aids Rockwell (COL), Fixed-Price Contracts Ail Per the Zacks analyst, Rockwell Collins has an unwavering focus on R&D, which enables it to clinch lucrative deals. Coal Volumes Aid Kansas City Southern (KSU), High Costs Ail The Zacks analyst likes the improving coal volumes, which is boosting the company's top line. Efforts to reward shareholders also impress. Glaxo's (GSK) New Drugs Doing Well, Competition Hurts Advair The Zacks analyst expects Glaxo's new products to continue performing well. However, pricing dynamics and competitive pressure are hurting sales of its top-selling respiratory drug Advair. Debt Cuts, Mining Cost Control to Aid Barrick Gold (ABX) The Zacks analyst thinks Barrick should gain from its efforts to control mining costs and de-lever its balance sheet as well as progress of its key projects amid a volatile gold pricing environment. Leucadia (LUK) Buoyed by Pro-Growth Trading Environment Per the Zacks analyst, solid contribution from the equity capital markets, robust advisory activities and a favorable sales and pro-growth trading environment are likely to aid Leucadia. New Upgrades Microsemi (MSCC) Benefits from Growing SoC FPGA Business Given the increased penetration in existing markets and growing opportunities in new ones, the Zacks analyst believes that Microsemi's SoC FPGA business will prove to be a long-term revenue driver. Boeing (BA) Gains from Rising Demand for its Commercial Jets Per the Zacks analyst, demand for Boeing's commercial jets is on the rise due to a steady improvement in passenger and freight traffic. Single-aisle jets are expected to be the major growth driver. PepsiCo (PEP) Strong on Innovation & Productivity Plans Despite ongoing macro challenges outside the U.S., Pepsi has been doing well on the back of major innovation, ongoing revenue management strategies, improved productivity and better market execution. New Downgrades High Costs, Nonperforming Assets Hurt Northern Trust (NTRS) Per the Zacks analyst, rising costs on ongoing investments in technology driving compensation and equipment & software expenses remain a headwind. Moreover, high non-performing assets are a concern. Rising Expenses, High Debt Weighs on LifePoint Health (LPNT) The Zacks analyst is concerned with Life Point's expenses that have increased at a rate higher than the revenue growth rate. Its high debt levels and soft patient volumes continue to bother. Softness in Food Retail Dent United Natural's (UNFI) Sales Per the Zacks analyst, softness in food retail and competition from traditional grocery stores will continue to hurt United Natural's sales and overall profitability Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Valero Energy Corporation (VLO): Free Stock Analysis Report GlaxoSmithKline PLC (GSK): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Ecolab Inc. (ECL): Free Stock Analysis Report Rockwell Collins, Inc. (COL): Free Stock Analysis Report Allergan PLC. (AGN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-08-23,22.8989,23.0132,22.8208,22.9721,"[""The Zacks Analyst Blog Highlights: Allergan, Ecolab, Exelon, GlaxoSmithKline and Rockwell Collins For Immediate Release Chicago, IL - August 23, 2017 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Allergan (NYSE: AGN - Free Report ), Ecolab (NYSE: ECL - Free Report ), Exelon (NYSE: EXC - Free Report ), GlaxoSmithKline (NYSE: GSK - Free Report ) and Rockwell Collins (NYSE: COL - Free Report ). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are highlights from Tuesday's Analyst Blog: Top Analyst Reports for Allergan, Ecolab, Exelon & More The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Allergan (NYSE: AGN - Free Report ), Ecolab (NYSE: ECL - Free Report ) and Exelon (NYSE: EXC - Free Report ). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today's research reports here >>> Allergan 's shares have gained +7.1% year to date, outperforming the Zacks Generic Drugs industry, which has declined -19.3% over the same period. Allergan beat estimates for both earnings and sales in the second quarter. Meanwhile, the company raised its 2017 sales and earnings outlook. The Zacks analyst likes key products like Botox and Linzess as well as new products such as Viberzi and Vraylar which are supporting sales growth. Allergan boasts dominant growth franchises in several areas and is strengthening its product portfolio through strategic acquisitions. With the closing of the Teva deal, Allergan can now focus on the branded segment. It also boasts a strong branded pipeline with meaningful data read-outs expected in the near term. However, Allergan is facing generic competition for legacy brands like Namenda XR and Asacol HD, which concerns us. Also, competition for key growth drivers like Restasis is a concern. (You can read the full research report on Allergan here >>> ) . Shares of Ecolab have gained +11.9% year-to-date, outperforming the Zacks Specialty Chemicals industry which has increased +8.5% over the same period. Ecolab's second-quarter earnings and revenues surpassed expectations. The Zacks analyst likes Ecolab's robust product portfolio and expanding customer base, which will likely drive Ecolab organic sales over the long haul. In fact, the realization of targeted synergies associated with acquisitions should also pave way for margin expansion. The company expects its water, food and beverage, and paper businesses to benefit in the near term. On the flipside, Ecolab operates in highly competitive markets, which might dent its prospects over the long haul. Volatility in foreign currency exchange rates will remain a significant headwind for the company. Ecolab also faces pricing pressure in the Energy segment which is likely to hurt profits. (You can read the full research report on Ecolab here >>> ) . Exelon shares have gained +14% over the last one year, outperforming the Zacks Electric Power Industry which has gained +8.9% over the same period. The company's second-quarter earnings and total revenue exceeded expectations due to higher utility earnings attributable to regulatory rate increases. The Zacks analyst thinks Exelon is well positioned to gain from rate revisions and strong operational performance across its business. Further, the company is benefiting from the Pepco Holdings acquisition. However, Exelon is subject to the impact of commodity price volatility, price fluctuation in the wholesale markets and unfavorable weather conditions. Stringent government regulation is also a cause for concern. (You can read the full research report on Exelon here >>> ) . Other noteworthy reports we are featuring today include GlaxoSmithKline (NYSE: GSK - Free Report ) and Rockwell Collins (NYSE: COL - Free Report ). Zacks' 10-Minute Stock-Picking Secret Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars. But here's something even more remarkable: You can master this proven system without going to a single class or seminar. And then you can apply it to your portfolio in as little as 10 minutes a month. Learn the secret >> About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 \""Strong Buys\"" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>. Get the full Report on AGN - FREE Get the full Report on ECL - FREE Get the full Report on EXC - FREE Get the full Report on GSK - FREE Get the full Report on COL - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com/ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Allergan PLC. (AGN): Free Stock Analysis Report GlaxoSmithKline PLC (GSK): Free Stock Analysis Report Rockwell Collins, Inc. (COL): Free Stock Analysis Report Ecolab Inc. (ECL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sponsored Links Rob Gronkowski Chooses These Shoes As His Favorite Wolf & Shepherd The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Should You Hold Exelon (EXC) Stock in Your Portfolio Now? Exelon Corporation 's EXC investments in infrastructure and strategic acquisitions are expected to strengthen its existing portfolio of assets. In addition, its hedging program to manage market risks will drive performance Retaining this Zacks Rank #3 (Hold) stock in your portfolio now is a good idea, given the following positive factors. Positive Growth Projections : The Zacks Consensus Estimate for earnings is $2.68 on revenues of $31.71 billion for 2017. While the bottom line is on par year over year, the top-line projection is 1.1% higher. For 2018, the Zacks Consensus Estimate for earnings is pegged at $2.85 on $31.83 billion revenues. While earnings represent a 6.4% rally, revenues reflect a 0.3% rise. Exelon has long-term expected earnings per share growth rate of 5%. Estimates Moving Up : The Zacks Consensus Estimate has witnessed upward revisions in the last 30 days. Estimates for 2017 have inched up 0.8% in the last 30 days. Strong Return : Exelon's shares have rallied 10.1% in the last 12 months, outperforming the industry 's gain of 5.4%. Positive Earnings Surprise History : Exelon surpassed the Zacks Consensus Estimate in three of the last four quarters with an average beat of 7.79%. Growth Drivers Exelon invests substantially in infrastructure projects in addition to expanding its renewable and fossil fuel generating capacity. It plans to invest nearly $20 billion over the 2017-2020 period, in a bid to improve reliability of its operations. Such systematic investments in regulated assets will drive earnings growth in the range of 6-8% and rate base growth of 6.5% during this time frame. Exelon closed its merger with Pepco Holdings Inc. forming one of the largest power distributor in the United States. This transaction will substantially increase the previously stated benefits for customers in Washington D.C. as well as provide several other socio-economic advantages. This segment contributed $2,248 million to the top line in the first half of 2017. The acquisition of FitzPatrick nuclear station will add nearly 838 MW to Exelon's generation capacity and will be accretive to its earnings. This plant will help the company serve more customers without increasing its carbon emission levels. Exelon continues with its hedging program to manage market risks and protect the value of its generation. The company's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Jun 30, 2017, was 96-99% for 2017, 71-74% for 2018, and 39-42% for 2019. Stocks to Consider Some better-ranked stocks from the same industry are Ameren Corporation AEE , CenterPoint Energy, Inc. CNP and Fortis Inc. FTS each carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Ameren Corporation delivered a four-quarter average positive surprise of 2.83%. The company's long-term earnings growth rate is pegged at 6.50%. CenterPoint Energy delivered a four-quarter average positive surprise of 10.34%. The company's long-term earnings growth rate is pegged at 4.33%. Fortis delivered a four-quarter average positive surprise of 10.99%. The company's long-term earnings growth rate is pegged at 5.50%. 4 Surprising Tech Stocks to Keep an Eye on Tech stocks have been a major force behind the market's record highs, but picking the best ones to buy can be tough. There's a simple way to invest in the success of the entire sector. Zacks has just released a Special Report revealing one thing tech companies literally cannot function without. More importantly, it reveals 4 top stocks set to skyrocket on increasing demand for these devices. I encourage you to get the report now - before the next wave of innovations really takes off. See Stocks Now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Fortis Inc. (FTS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-08-24,22.9654,23.0846,22.8569,22.9829,"Wholesale Electricity Generators Are Fighting an Uphill Battle to Survive Wholesale power producers in the U.S. are having a hard time figuring out what their best path forward is in today's hypercompetitive environment. NRG Energy (NYSE: NRG) is executing a major strategic change and may sell off some of its most valuable assets in order to reduce debt and, hopefully, generate positive cash flow from older fossil fuel assets. Calpine (NYSE: CPN) saw so few options forward that it decided to sell itself to the highest bidder . Across the energy industry, wholesale power plants are finding it hard to survive and companies that rely on wholesale markets to make money are in dire straits. The changes in wholesale power have thrown the entire industry for a loop. Coal power plants that once generated consistent returns are now left for dead and there doesn't seem to be an easy way for wholesale power generators to make money going forward without completely changing their business model, something every company may have to do in the future. Why wholesale power is in trouble It's worth going back and looking at why wholesale power companies are in this situation in the first place. One issue is that wind and solar electricity production has grown one-third and 100%, respectively, over the past three years. And over the past decade solar energy has grown from nothing to over 1% of U.S. electricity generation. This is important because wind, solar, and nuclear energy are usually first in line to supply energy to the grid. This pushes down demand for all natural gas and coal supply. The bigger problem for coal plants is that they're being undercut by low-cost natural gas prices . And at the end of the day natural gas is coal's main competitors and the reason hundreds of coal plants have been shut down, including at least 14 planned shutdowns this year. Aging coal power plants are colliding with cheap natural gas plants to create a supply glut that hurts power plants using both fossil fuel sources. There's no way around it: Wholesale power producers are feeling the pinch and they don't have a lot of options. There are only a few paths forward The options for utilities and power producers that own assets that sell into the wholesale electricity market are limited. We've seen Duke Energy (NYSE: DUK) buy Piedmont Natural Gas to diversify its business into natural gas delivery. Exelon Corporation (NYSE: EXC) also acquired Pepco Holdings to add a regulated utility to its business. So, companies are seeing this pressure on wholesale power markets coming and deciding to diversify or buy regulated assets as a way to stabilize earnings. Another path is to buy renewable energy assets that have contracted cash flows for decades. Buying these less risky assets is a way to de-risk what has become a risky wholesale business. AES (NYSE: AES) has been building and acquiring renewable energy assets and recently bought sPower to become one of the nation's largest solar developers . NRG Energy was one of the original companies to try this dual fossil fuel-renewable energy strategy and is now abandoning it. But others will try to use renewables as a way to survive. The other path forward is just to sell to the highest bidder. That's what Calpine decided to do rather than acquire a business that diversify or move into renewables. But it's clear that companies like Calpine weren't going to be able to stand on their own as a public company unless there are major changes to wholesale power markets, which I don't see coming anytime soon. 10 stocks we like better than Wal-Mart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, the Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Wal-Mart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of August 1, 2017 The author(s) may have a position in any stocks mentioned. Travis Hoium has no position in any stocks mentioned. The Motley Fool owns shares of NRG Energy. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-08-25,23.0709,23.1343,22.9527,22.9585,
EXC,2017-08-28,23.0005,23.0318,22.766,22.9419,"Avista Corporation (AVA) Ex-Dividend Date Scheduled for August 29, 2017 Avista Corporation ( AVA ) will begin trading ex-dividend on August 29, 2017. A cash dividend payment of $0.357 per share is scheduled to be paid on September 15, 2017. Shareholders who purchased AVA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that AVA has paid the same dividend. At the current stock price of $51.63, the dividend yield is 2.77%. The previous trading day's last sale of AVA was $51.63, representing a -2.27% decrease from the 52 week high of $52.83 and a 36.66% increase over the 52 week low of $37.78. AVA is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AVA's current earnings per share, an indicator of a company's profitability, is $2.11. Zacks Investment Research reports AVA's forecasted earnings growth in 2017 as -9.3%, compared to an industry average of 4.8%. For more information on the declaration, record and payment dates, visit the AVA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AVA through an Exchange Traded Fund [ETF]? The following ETF(s) have AVA as a top-10 holding: PowerShares S&P SmallCap Utilities Portfolio ( PSCU ) First Trust RBA Quality Income ETF ( QINC ) Vanguard S&P Small-Cap 600 Value ETF ( VIOV ) First Trust Morningstar ETF ( FDL ). The top-performing ETF of this group is PSCU with an increase of 12.1% over the last 100 days. It also has the highest percent weighting of AVA at 4.48%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-08-29,22.9527,23.0445,22.8725,22.9126,"VPU, EXC, AEP, PCG: ETF Inflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Utilities ETF (Symbol: VPU) where we have detected an approximate $39.4 million dollar inflow -- that's a 1.5% increase week over week in outstanding units (from 21,919,059 to 22,244,059). Among the largest underlying components of VPU, in trading today Exelon Corp (Symbol: EXC) is down about 0.2%, American Electric Power Company, Inc. (Symbol: AEP) is off about 0.2%, and PG&E Corp (Symbol: PCG) is lower by about 0.1%. For a complete list of holdings, visit the VPU Holdings page » The chart below shows the one year price performance of VPU, versus its 200 day moving average: Looking at the chart above, VPU's low point in its 52 week range is $99.85 per share, with $121.57 as the 52 week high point - that compares with a last trade of $121.16. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-08-30,22.9126,22.9126,22.6556,22.683,
EXC,2017-08-31,22.7787,22.8628,22.6713,22.7016,
EXC,2017-09-01,22.7494,22.7543,22.4318,22.5032,"[""Friday Sector Laggards: Utilities, Healthcare The worst performing sector as of midday Friday is the Utilities sector, showing a 0.2% loss. Within that group, Exelon Corp (Symbol: EXC) and Public Service Enterprise Group Inc (Symbol: PEG) are two large stocks that are lagging, showing a loss of 1.0% and 0.8%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.3% on the day, and up 14.48% year-to-date. Exelon Corp, meanwhile, is up 8.44% year-to-date, and Public Service Enterprise Group Inc is up 7.82% year-to-date. Combined, EXC and PEG make up approximately 8.5% of the underlying holdings of XLU. The next worst performing sector is the Healthcare sector, showing a 0.2% loss. Among large Healthcare stocks, Cooper Companies, Inc. (Symbol: COO) and Patterson Companies Inc (Symbol: PDCO) are the most notable, showing a loss of 6.3% and 1.8%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF ( XLV ), which is down 0.1% in midday trading, and up 18.67% on a year-to-date basis. Cooper Companies, Inc. , meanwhile, is up 34.35% year-to-date, and Patterson Companies Inc, is down 6.00% year-to-date. Combined, COO and PDCO make up approximately 0.5% of the underlying holdings of XLV. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, six sectors are up on the day, while three sectors are down. 10 ETFs With Stocks That Insiders Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sponsored Links 7 Ways to Retire Comfortably With $500k Fisher Investments Learn More The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Evening Sector Snapshot: Oil Refiners, Department Stores Climb The sectors with the biggest gains and declines on Friday.""]"
EXC,2017-09-05,22.5345,22.5882,22.4436,22.5413,
EXC,2017-09-06,22.6362,22.6713,22.468,22.5091,"[""Westar Energy, Inc. (WR) Ex-Dividend Date Scheduled for September 07, 2017 Westar Energy, Inc. ( WR ) will begin trading ex-dividend on September 07, 2017. A cash dividend payment of $0.4 per share is scheduled to be paid on October 02, 2017. Shareholders who purchased WR prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that WR has paid the same dividend. At the current stock price of $50.65, the dividend yield is 3.16%. The previous trading day's last sale of WR was $50.65, representing a -11.91% decrease from the 52 week high of $57.50 and a 2.93% increase over the 52 week low of $49.21. WR is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WR's current earnings per share, an indicator of a company's profitability, is $2.38. Zacks Investment Research reports WR's forecasted earnings growth in 2017 as 2.8%, compared to an industry average of 4.6%. For more information on the declaration, record and payment dates, visit the WR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to WR through an Exchange Traded Fund [ETF]? The following ETF(s) have WR as a top-10 holding: PowerShares S&P MidCap Low Volatility Portfolio ( XMLV ) ProShares Ultra Utilities ( UPW ). The top-performing ETF of this group is UPW with an increase of 12.2% over the last 100 days. XMLV has the highest percent weighting of WR at 1.7%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Down 2.1% Since Earnings Report: Can It Rebound? About a month has gone by since the last earnings report for Exelon CorporationEXC . Shares have lost about 2.1% in that time frame, underperforming the market. Will the recent negative trend continue leading up to the stock's next earnings release, or is it due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Exelon Earnings and Revenues Surpass Estimates in Q2 Exelon Corporation's second-quarter 2017 adjusted operating earnings of 54 cents per share beat the Zacks Consensus Estimate of 52 cents by 3.8%. However, the quarterly earnings were 16.9% lower than the year-ago figure of 65 cents. The year-over-year decline in earnings was due to increased nuclear outage days and lower realized energy prices. On a GAAP basis, quarterly earnings were 9 cents per share, compared with 29 cents in the year-ago quarter. The difference between GAAP and adjusted operating earnings was due to the combined impact of plant divestment, hedging activities, assets impairments and a few one-time items, resulting in a net loss of 45 cents. Total Revenue Exelon's operating revenues of $7,623 million surpassed the Zacks Consensus Estimate of $7,514 million by 1.4%. Quarterly revenues also increased 10.3% year over year from $6,910 million reported in the year-ago quarter. Quarterly Highlights Exelon's two new combined-cycle gas turbines totaling nearly 2,200 MWs in Texas went into service on time and on budget during the second quarter. Exelon's total operating expenses increased 17.5% year over year to $7,392 million. The increase was primarily due to higher purchasing power and fuel expenses, and operating and maintenance expenses. Interest expenses of $436 million were 15.9% higher than the year-ago quarter. Hedges Exelon's hedging program involves hedging of commodity risks for expected generation typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Jun 30, 2017, was 96-99% for 2017, 71-74% for 2018, and 39-42% for 2019. Guidance Exelon reiterated its 2017 earnings guidance per share of $2.50-$2.80. How Have Estimates Been Moving Since Then? Following the release, investors have witnessed a downward trend for fresh estimates. There hasbeen one revision lower for the current quarter. Exelon Corporation Price and Consensus Exelon Corporation Price and Consensus | Exelon Corporation Quote VGM Scores At this time, Exelon's stock has a subpar Growth Score of D, however its Momentum is doing a lot better with a B. Charting a somewhat similar path, the stock was allocated a grade of A on the value side, putting it in the top quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in. Our style scores indicate that the stock is more suitable for value investors than momentum investors. Outlook Estimates have been broadly trending downward for the stock. The magnitude of this revision also indicates a downward shift. Notably, the stock has a Zacks Rank #3 (Hold). We are expecting an inline return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Public Service Enterprise Group Incorporated (PEG) Ex-Dividend Date Scheduled for September 07, 2017 Public Service Enterprise Group Incorporated ( PEG ) will begin trading ex-dividend on September 07, 2017. A cash dividend payment of $0.43 per share is scheduled to be paid on September 29, 2017. Shareholders who purchased PEG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that PEG has paid the same dividend. At the current stock price of $46.37, the dividend yield is 3.71%. The previous trading day's last sale of PEG was $46.37, representing a -2.32% decrease from the 52 week high of $47.47 and a 18.05% increase over the 52 week low of $39.28. PEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PEG's current earnings per share, an indicator of a company's profitability, is $.89. Zacks Investment Research reports PEG's forecasted earnings growth in 2017 as .17%, compared to an industry average of 4.6%. For more information on the declaration, record and payment dates, visit the PEG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PEG through an Exchange Traded Fund [ETF]? The following ETF(s) have PEG as a top-10 holding: VanEck Vectors Uranium & Nuclear Energy ETF ( NLR ) John Hancock Multifactor Utilities ETF ( JHMU ) First Trust North American Energy Infrastructure Fund ( EMLP ) PowerShares Russell Midcap Pure Value Portfolio ( PXMV ) JPMorgan Diversified Return U.S. Mid Cap Equity ETF ( JPME ). The top-performing ETF of this group is JHMU with an increase of 6.73% over the last 100 days. NLR has the highest percent weighting of PEG at 5.69%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-09-07,22.5696,22.8393,22.5247,22.7983,"Scana Corporation (SCG) Ex-Dividend Date Scheduled for September 08, 2017 Scana Corporation ( SCG ) will begin trading ex-dividend on September 08, 2017. A cash dividend payment of $0.613 per share is scheduled to be paid on October 01, 2017. Shareholders who purchased SCG prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 0.49% increase over prior dividend payment. At the current stock price of $60.03, the dividend yield is 4.08%. The previous trading day's last sale of SCG was $60.03, representing a -20.93% decrease from the 52 week high of $75.92 and a 1.59% increase over the 52 week low of $59.09. SCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). SCG's current earnings per share, an indicator of a company's profitability, is $4.23. Zacks Investment Research reports SCG's forecasted earnings growth in 2017 as 1.62%, compared to an industry average of 4.6%. For more information on the declaration, record and payment dates, visit the SCG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-09-08,22.7611,22.9527,22.72,22.8823,"VPU, SO, EXC, AEP: Large Inflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Utilities ETF (Symbol: VPU) where we have detected an approximate $63.6 million dollar inflow -- that's a 2.4% increase week over week in outstanding units (from 22,269,059 to 22,794,059). Among the largest underlying components of VPU, in trading today Southern Company (Symbol: SO) is up about 0.2%, Exelon Corp (Symbol: EXC) is trading flat, and American Electric Power Company, Inc. (Symbol: AEP) is higher by about 0.2%. For a complete list of holdings, visit the VPU Holdings page » The chart below shows the one year price performance of VPU, versus its 200 day moving average: Looking at the chart above, VPU's low point in its 52 week range is $99.85 per share, with $121.58 as the 52 week high point - that compares with a last trade of $121.08. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-09-11,22.8628,23.0776,22.8051,23.0612,"Ameren Corporation (AEE) Ex-Dividend Date Scheduled for September 12, 2017 Ameren Corporation ( AEE ) will begin trading ex-dividend on September 12, 2017. A cash dividend payment of $0.44 per share is scheduled to be paid on September 29, 2017. Shareholders who purchased AEE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that AEE has paid the same dividend. At the current stock price of $60.09, the dividend yield is 2.93%. The previous trading day's last sale of AEE was $60.09, representing a -1.15% decrease from the 52 week high of $60.79 and a 28.29% increase over the 52 week low of $46.84. AEE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AEE's current earnings per share, an indicator of a company's profitability, is $2.86. Zacks Investment Research reports AEE's forecasted earnings growth in 2017 as 4.54%, compared to an industry average of 4.6%. For more information on the declaration, record and payment dates, visit the AEE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AEE through an Exchange Traded Fund [ETF]? The following ETF(s) have AEE as a top-10 holding: First Trust Utilities AlphaDEX Fund ( FXU ) First Trust Large Cap Value AlphaDEX Fund ( FTA ) First Trust VL Dividend ( FVD ) First Trust Multi Cap Value AlphaDEX Fund ( FAB ) First Trust Multi-Asset Diversified Income Index Fund ( MDIV ). The top-performing ETF of this group is FTA with an increase of 2.13% over the last 100 days. FXU has the highest percent weighting of AEE at 4.07%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-09-12,22.9888,23.0512,22.5032,22.7083,
EXC,2017-09-13,22.725,22.851,22.6479,22.6586,"Xcel Energy Inc. (XEL) Ex-Dividend Date Scheduled for September 14, 2017 Xcel Energy Inc. ( XEL ) will begin trading ex-dividend on September 14, 2017. A cash dividend payment of $0.36 per share is scheduled to be paid on October 20, 2017. Shareholders who purchased XEL prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that XEL has paid the same dividend. At the current stock price of $49.53, the dividend yield is 2.91%. The previous trading day's last sale of XEL was $49.53, representing a -2.04% decrease from the 52 week high of $50.56 and a 30.34% increase over the 52 week low of $38. XEL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). XEL's current earnings per share, an indicator of a company's profitability, is $2.27. Zacks Investment Research reports XEL's forecasted earnings growth in 2017 as 4.47%, compared to an industry average of 4.3%. For more information on the declaration, record and payment dates, visit the XEL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to XEL through an Exchange Traded Fund [ETF]? The following ETF(s) have XEL as a top-10 holding: John Hancock Multifactor Utilities ETF ( JHMU ) PowerShares DWA Utilities Momentum Portfolio ( PUI ) PowerShares Russell Midcap Pure Value Portfolio ( PXMV ) JPMorgan Diversified Return U.S. Mid Cap Equity ETF ( JPME ). The top-performing ETF of this group is JHMU with an increase of 6.52% over the last 100 days. It also has the highest percent weighting of XEL at 4.68%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-09-14,22.5921,22.8628,22.5345,22.8393,
EXC,2017-09-15,22.851,23.0191,22.4739,22.5471,"Friday Sector Laggards: Healthcare, Utilities In afternoon trading on Friday, Healthcare stocks are the worst performing sector, showing a 0.4% loss. Within the sector, Mylan NV (Symbol: MYL) and AbbVie Inc (Symbol: ABBV) are two large stocks that are lagging, showing a loss of 3.0% and 2.8%, respectively. Among healthcare ETFs , one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is down 0.7% on the day, and up 20.58% year-to-date. Mylan NV, meanwhile, is down 16.44% year-to-date, and AbbVie Inc is up 41.54% year-to-date. Combined, MYL and ABBV make up approximately 12958307.3% of the underlying holdings of XLV. The next worst performing sector is the Utilities sector, showing a 0.2% loss. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and Eversource Energy (Symbol: ES) are the most notable, showing a loss of 1.5% and 0.7%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF ( XLU ), which is down 0.9% in midday trading, and up 14.07% on a year-to-date basis. Exelon Corp, meanwhile, is up 8.49% year-to-date, and Eversource Energy is up 15.06% year-to-date. Combined, EXC and ES make up approximately 20974206.8% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, four sectors are up on the day, while two sectors are down. 10 ETFs With Stocks That Insiders Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-09-18,22.5345,22.7016,22.2276,22.4192,
EXC,2017-09-19,22.4192,22.5091,22.1984,22.3488,
EXC,2017-09-20,22.4075,22.4075,21.9591,22.1271,"Utilities Are Creating the Conditions for Their Own Demise Utilities in the U.S. are between a rock and a hard place when it comes to the future of energy. The rapidly falling cost of wind and solar energy have created a condition where wholesale power plants are going bankrupt because they can't compete in the market. At the same time, utilities are changing the way they charge customers, creating the conditions that will push customers to install energy storage and consume energy created from rooftop solar-power systems. And in a world where electricity consumption is stagnant in the U.S., the future looks bleak for the utility industry. Why wholesale markets are in trouble Over the last decade, there's been effectively zero electricity demand growth across the U.S. At the same time, new wind and solar farms that are cheaper than existing power generation resources have been built, eating up demand that used to go to wholesale market players. This is a problem for wholesale power producers because they're bidding into a market where renewable energy usually gets first priority to the grid and it has a marginal cost of zero. Once a renewable energy power plant is built it's going to supply energy, whether it's needed or not. Companies like NRG Energy (NYSE: NRG) and Calpine (NYSE: CPN) have reported massive losses as a result of the collapse of the wholesale market and have been forced to look for strategic alternatives. Wholesale arms of major utilities like Edison International (NYSE: EIX) , Duke Energy (NYSE: DUK) , and Exelon (NYSE: EXC) have been forced to adapt as well. Most have begun buying their own renewable energy assets and attempting to reduce their exposure to wholesale markets. But there's no good solution to the loss of wholesale power as an earnings driver. Regulated utilities aren't faring much better On the regulated utility side, there are similar challenges. Customers in areas with net metering have found that it's cheaper to install solar panels on their roofs and offset as much as 100% of their energy demand from the grid. This has the effect of lowering overall electricity demand and has helped drive slowing demand growth. As a response, utilities have begun to ask regulators to change rate structures. In some states, time of use rates that adjust to wholesale power prices are being put in place, others are adding fixed charges, and others have charges specific to rooftop solar-power systems. The idea is to make the economics of rooftop solar less appealing, keeping people buying energy from the grid. In reality, changing rate structures may make solar plus energy storage more appealing for homeowners. Tesla 's (NASDAQ: TSLA) solar panels and Powerwall are already a leader in the space and Vivint Solar (NYSE: VSLR) , Sunrun (NASDAQ: RUN) , and SunPower (NASDAQ: SPWR) are all expanding solar plus storage offerings . As solar plus storage options become economically viable in states across the country, the technology will expand and suck even more demand from utilities. There's really no way to fight back against solar plus storage either. Utilities can't force customers to buy electricity from them and the algorithms behind energy storage systems will adapt to maximize value as quickly as utilities change rate structures. Utilities are battling fast moving upstarts and trying to compete with a behemoth business model that hasn't changed in a century. Innovation is happening faster than utilities can adapt Utilities can see these challenges coming. Rooftop solar has been growing for a decade and wholesale power markets have been getting worse for years. But utilities also aren't adept at changing course quickly, traditionally relying on their monopoly business model to remain profitable. With the energy business changing rapidly and with new technologies like solar, energy storage, and electric vehicles growing, utilities will have to adapt to their capabilities. I'm afraid utilities' responses thus far are actually creating the conditions of their own demise. 10 stocks we like better than Wal-Mart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, the Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Wal-Mart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of September 5, 2017 The author(s) may have a position in any stocks mentioned. Travis Hoium owns shares of SunPower. The Motley Fool owns shares of and recommends Tesla. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-09-21,22.1212,22.4251,22.0958,22.2697,"Southern Company Kemper Project Hearing Slated for December The fate of electric utility firm The Southern Company 's SO Kemper Project continues to remain uncertain as the company and the Public Utilities Staff failed to reach a settlement regarding the rate issue. Concurrently, Mississippi Public Service Commission (MPSC) scheduled the hearings for the project to commence from Dec 4. Notably, few days back Southern Company requested the Public Service Commission to reassess the service agreement of the Kemper plant as the company managed to reach an accord with all other parties but the Public Utilities Staff. Looking Back Mississippi Power, subsidiary of Southern Company and in charge of the Kemper Project, has spent years in the construction of the project based on clean coal gasification technology. The Kemper plant had been central to ex-President Obama's Climate Plan and was designed to reduce up to 65% of carbon dioxide emissions. Notably, the project also received the support of President Trump. However, the project has been facing continuous criticism owing to its poor execution, cost overruns and multiple delays. The plant is already three years behind schedule and is over $4 billion beyond the stipulated budget. The overall cost of the plant was estimated to be around $3 billion in 2010. However, with several delays adding to the project's cost, the current price tag of the plant has ballooned over $7.3 billion. In the past 18 months, the company has announced 10 delays due to project management problems. The project found it difficult to get its two gasifiers to operate consistently. Mississippi Power has been unable to make the project economically viable in the face of volatile natural gas prices . Mississippi regulators, who do not wish ratepayers to incur additional costs, ordered the company not to increase the rates for Mississippi Power customers. In fact, they want the company to lower the rates, if feasible. MPSC have been encouraging rate reductions to eliminate ratepayers risk for gasifiers' assets. In June, MPSC issued an ultimatum ordering Southern Company to redesign plans and run the Kemper Project solely on natural gas. This left the management in a dilemma in regard to its investment costs retrievement. Thereafter, the company suspended all coal gasification operations at its Kemper plant. Since the company could no longer retrieve the project's massive costs from ratepayers, management was of the opinion that the move would enable it to lower additional costs required for the further development and improvement of gasification units. What Lies Ahead? The company believes that it has complied with all the requirements of Public Service Commission including the operation of the plant solely as a natural gas facility. Southern Company has also decided against rate increase for customers. The company now thus wants the MPSC to re-evaluate the settlement agreement. Mississippi Power announced plans to keep the rates unchanged; however the Public Utilities Staff are demanding a reduction in rates. If the agreement doesn't get reconsidered, both the parties are set to explain their positions on the rate case in the hearing that starts from Dec 4. The final decision on which is expected by January. If Mississippi Power fails to get a favorable judgment, the company which is already grappling with weak financials, is likely to suffer additional losses. Zacks Rank Southern Company is one of the largest generators of electricity in the nation along with the likes of Exelon Corporation EXC , RWE AG RWEOY and Duke Energy Corporation DUK . Over the year, shares of Southern Company have lost more than 4% against roughly 5.2% gain recorded by the industry . However, the company managed to beat the Zacks Consensus Estimate for earnings in three of the trailing four quarters, with an average beat of 0.86%. The company carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Southern Company (The) (SO): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report RWE AG (RWEOY): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-09-22,22.3293,22.3714,22.1378,22.2512,
EXC,2017-09-25,22.2639,22.5765,22.1935,22.5413,"Daily Dividend Report: TTEC, EXC, ROP, MRVL, NRZ TeleTech Holdings ( TTEC ) declared a cash dividend of $0.25 per common share to be paid on October 17, 2017 to shareholders of record as of October 5, 2017. This semi-annual dividend represents a 25 percent increase over the dividend paid in October of last year. Exelon Corporation declared a regular quarterly dividend of $0.3275 per share on Exelon's common stock. The dividend is payable on Dec. 8, 2017, to shareholders of record of Exelon as of 5 p.m. New York time on Nov. 15, 2017. Roper Technologies ( ROP ) announced that its Board of Directors has approved a dividend of $0.35 per share payable on October 20, 2017 to stockholders of record on October 6, 2017. Marvell ( MRVL ) announced a quarterly dividend of $0.06 per share of common stock payable on October 26, 2017 to stockholders of record as of October 10, 2017. New Residential Investment Corp. ( NRZ ) declared a quarterly dividend of $0.50 per common share for the third quarter of 2017. The dividend is payable on October 27, 2017 to shareholders of record on October 2, 2017. VIDEO: Daily Dividend Report: TTEC, EXC, ROP, MRVL, NRZ The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-09-26,22.4915,22.4915,22.2716,22.2814,
EXC,2017-09-27,22.1798,22.3508,22.1085,22.2697,"Pacific Gas & Electric Co. (PCG) Ex-Dividend Date Scheduled for September 28, 2017 Pacific Gas & Electric Co. ( PCG ) will begin trading ex-dividend on September 28, 2017. A cash dividend payment of $0.53 per share is scheduled to be paid on October 15, 2017. Shareholders who purchased PCG prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.16% increase over prior dividend payment. At the current stock price of $69.04, the dividend yield is 3.07%. The previous trading day's last sale of PCG was $69.04, representing a -3.54% decrease from the 52 week high of $71.57 and a 19.86% increase over the 52 week low of $57.60. PCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PCG's current earnings per share, an indicator of a company's profitability, is $4.05. Zacks Investment Research reports PCG's forecasted earnings growth in 2017 as -2.17%, compared to an industry average of 5%. For more information on the declaration, record and payment dates, visit the PCG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PCG through an Exchange Traded Fund [ETF]? The following ETF(s) have PCG as a top-10 holding: VanEck Vectors Uranium & Nuclear Energy ETF ( NLR ) SPDR Select Sector Fund - Utilities ( XLU ) iShares U.S. Utilities ETF ( IDU ) Vanguard Utilities ETF ( VPU ) PowerShares DWA Utilities Momentum Portfolio ( PUI ). The top-performing ETF of this group is VPU with an increase of 5.42% over the last 100 days. NLR has the highest percent weighting of PCG at 6.51%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-09-28,22.1798,22.5471,22.0772,22.4192,
EXC,2017-09-29,22.468,22.7543,22.4436,22.5814,
EXC,2017-10-02,22.6653,23.0132,22.5696,22.8628,
EXC,2017-10-03,22.851,22.8628,22.5091,22.683,"[""S&P 500 Analyst Moves: EXC The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Exelon Corp ( EXC ) is now the #94 analyst pick, moving up by 1 spot. This rank is formed by averaging the analyst opinions for each component from each broker, and then ranking the 500 components by those average opinion values. Looking at the stock price movement year to date, Exelon Corp ( EXC ) is showing a gain of 6.0%. VIDEO: S&P 500 Analyst Moves: EXC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Tuesday Sector Laggards: Utilities, Healthcare Looking at the sectors faring worst as of midday Tuesday, shares of Utilities companies are underperforming other sectors, showing a 0.5% loss. Within that group, Entergy Corp (Symbol: ETR) and Exelon Corp (Symbol: EXC) are two large stocks that are lagging, showing a loss of 1.4% and 1.4%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.5% on the day, and up 11.45% year-to-date. Entergy Corp, meanwhile, is up 6.14% year-to-date, and Exelon Corp is up 8.79% year-to-date. Combined, ETR and EXC make up approximately 7.3% of the underlying holdings of XLU. The next worst performing sector is the Healthcare sector, showing a 0.3% loss. Among large Healthcare stocks, Idexx Laboratories, Inc. (Symbol: IDXX) and Incyte Corporation (Symbol: INCY) are the most notable, showing a loss of 2.2% and 2.1%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF ( XLV ), which is down 0.1% in midday trading, and up 20.87% on a year-to-date basis. Idexx Laboratories, Inc., meanwhile, is up 31.13% year-to-date, and Incyte Corporation is up 12.46% year-to-date. Combined, IDXX and INCY make up approximately 1.1% of the underlying holdings of XLV. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday. As you can see, four sectors are up on the day, while four sectors are down. 25 Dividend Giants Widely Held By ETFs \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-10-04,22.6899,22.9057,22.5921,22.894,
EXC,2017-10-05,22.8989,23.0103,22.7739,22.9888,
EXC,2017-10-06,22.851,22.9292,22.7367,22.8696,
EXC,2017-10-09,22.8765,22.9721,22.7641,22.8051,
EXC,2017-10-10,22.8823,23.0259,22.7856,22.9585,
EXC,2017-10-11,22.7367,23.0776,22.7367,23.0562,
EXC,2017-10-12,23.0191,23.3493,22.9292,23.3425,
EXC,2017-10-13,23.3787,23.6385,23.3317,23.5222,
EXC,2017-10-16,23.4695,23.8221,23.366,23.7802,
EXC,2017-10-17,23.7157,23.8104,23.5115,23.7383,"Southern Company to Vend 2 Gas Distribution Units for $1.7B Electric utility firm The Southern CompanySO is set to offload two natural gas distribution units to Folsom-based energy services company South Jersey Industries SJI for $1.7 billion in an all-cash transaction. The units to be divested include Elizabethtown Gas and Elkton Gas. These units are owned by Pivotal Utility Holdings, Inc. which is a subsidiary of Southern Company Gas. Southern Company Gas which was formerly called AGL Resources is a subsidiary of the Southern Company and is headquartered in Atlanta. Elizabethtown Gas, set up in 1855, serves more than 277,000 residential, business and industrial natural gas customers in New Jersey. Founded in 1863, Elkton Gas serve 6,000 residential and commercial customers in the greater Elkton area. The deal needs to be approved by the state regulators in New Jersey and Maryland. It also requires limited approvals from Federal Energy Regulatory Commission and Federal Communications Commission. Additionally, the deal is also conditioned upon the requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Subject to these regulatory approvals and satisfactory closing conditions, the deal is expected to get completed by the third quarter of 2018. The deal is in sync with Southern Company's strategy to drive growth and streamline its asset portfolio. The transaction will enable the company to shore up its weak financials. The utility's long-term debt at the end of the second quarter totaled to around $44 billion, which represents a debt-to-capitalization ratio of more than 60%. The company's high leverage along with the cost overrun issues related to the construction of two key projects - Vogtle and Kemper - weighed on its balance sheet and earnings. The proceeds from the sale are likely to provide the company some financial flexibility and tap growth opportunities, thereby adding to shareholders value. The deal will enable South Jersey Industries to become the second largest natural gas provider in the state, catering to over 675,000 customers. The company expects the deal to be accretive to earnings by 2020. Zacks Rank Southern Company is one of the largest generators of electricity in the nation along with the likes of Exelon Corporation EXC and Duke Energy Corporation DUK among others. Year to date, shares of Southern Company have moved up 4% as against 9.6% gain recorded by the industry . The company topped the Zacks Consensus Estimate for earnings in three of the trailing four quarters, with an average of 0.86%. The company presently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Southern Company (The) Price Southern Company (The) Price | Southern Company (The) Quote Looking for Stocks with Skyrocketing Upside? Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Southern Company (The) (SO): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report South Jersey Industries, Inc. (SJI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-10-18,23.7284,23.787,23.5877,23.7509,
EXC,2017-10-19,23.7383,23.9062,23.6434,23.8398,
EXC,2017-10-20,23.8291,23.8652,23.5809,23.7284,
EXC,2017-10-23,23.7313,23.8721,23.6102,23.8221,
EXC,2017-10-24,23.8221,23.9776,23.7383,23.9542,
EXC,2017-10-25,23.8995,24.087,23.5643,24.0206,"[""What to Expect From Dominion Energy (D) in Q3 Earnings? Dominion EnergyD is slated to report third-quarter 2017 results before the market opens on Oct 30. In the second quarter, the utility company reported a positive earnings surprise of 1.52%. Let's see how things are shaping up for this earnings season. Factors to Consider Dominion Energy expects its earnings in the third quarter to be between 95 cents and $1.15 per share compared with the year-ago quarter earnings of $1.14. The company expects the addition of Questar operation to drive earnings in the quarter. However, earnings are expected to be adversely impacted by return to normal weather, lower earnings from Cove Point, higher PJM's electric capacity expenses and lower investment tax credits from solar investments. For the third quarter, the Zacks Consensus Estimate for total revenues is $3,327 million, reflecting 6.3% increase year over year. Dominion Energy continues to expand its solar generation facility through acquisitions and reap benefits of green energy generation. Acquisitions made in the quarter are helping the company to further expand its solar generating capacity, which presently is 2,000 megawatt. Dominion Energy Inc. Price and EPS Surprise Dominion Energy Inc. Price and EPS Surprise | Dominion Energy Inc. Quote Earnings Whispers Our proven model does not conclusively show that Dominion Energy is likely to beat earnings this quarter as it does not possess the key components. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. However, that is not the case here as you will see below. Zacks ESP : The company's Earnings ESP is -0.22%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Zacks Rank : Dominion Energy's Zacks Rank #3, when combined with a negative Earnings ESP makes a beat unlikely this quarter. Note that we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated) going into the earnings announcement, especially when the company is seeing a negative estimate revisions momentum. Stocks to Consider Here are some companies from the industry that you may want to consider instead, as our model shows that these have the right combination of elements to post an earnings beat this quarter. ALLETE Inc. ALE is expected to release third-quarter 2017 results on Nov 1. The company has an Earnings ESP of +2.89% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here. NiSource Inc. NI has an Earnings ESP of +7.69% and a Zacks Rank #2. The company is expected to release third-quarter 2017 results on Nov 1. Exelon Corporation EXC has an Earnings ESP of +1.16% and a Zacks Rank #3. The company is expected to release third-quarter 2017 results on Nov 2. Zacks' Hidden Trades While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them? Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trade>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NiSource, Inc (NI): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report Allete, Inc. (ALE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks With Rising Relative Strength: Exelon Exelon ( EXC ) had its Relative Strength ( RS ) Rating upgraded from 69 to 72 Wednesday -- a welcome improvement, but still short of the 80 or higher score you look for. [ibd-display-video id=2360792 width=50 float=left autostart=true] IBD's proprietary RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks compares to the rest of the market. History shows that the top-performing stocks typically have an 80 or better RS Rating as they launch their largest price moves. See if Exelon can continue to show renewed price strength and clear that threshold. Looking For The Best Stocks To Buy And Watch? Start Here Exelon is in a buy zone after breaking past a 38.88 buy point in a flat base . The proper buying range extends to 5% above the initial entry. Once a stock hits that benchmark, it's best to wait for it to set up another buying opportunity.. Exelon showed -17% earnings growth in the latest quarterly report. Revenue rose 10%. The next quarterly results are expected on or around Oct. 26. The company holds the No. 18 rank among its peers in the Utility-Diversified industry group. Vectren ( VVC ), Fortis ( FTS ) and DTE Energy ( DTE ) are among the top 5 highly rated stocks within the group. RELATED: Stocks With Rising Relative Strength Ratings Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-10-26,24.1271,24.1808,23.8995,23.9062,"[""Noteworthy ETF Outflows: XLU, SO, D, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $73.9 million dollar outflow -- that's a 0.9% decrease week over week (from 142,624,160.0 to 141,274,160.0). Among the largest underlying components of XLU, in trading today Southern Company (Symbol: SO) is off about 0.1%, Dominion Energy Inc (Symbol: D) is up about 0.3%, and Exelon Corp (Symbol: EXC) is up by about 0.2%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $45.33 per share, with $55.90 as the 52 week high point - that compares with a last trade of $54.88. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Will Debt Management Reflect in NiSource's (NI) Q3 Earnings? We expect NiSourceNI to beat expectations when it reports third-quarter 2017 results on Nov 1, before the opening bell. Last quarter, the company's earnings were in line with the Zacks Consensus Estimate. Why a Likely Positive Surprise? Our proven model shows that NiSource is likely to beat estimates because it has the right combination of two key ingredients. A stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to beat estimates. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks ESP : The company's Earnings ESP is +7.69%. Zacks Rank : NiSource currently carries a Zacks Rank #2. The combination of the company's favorable Zacks Rank and positive ESP makes us reasonably confident of a positive surprise this season. Conversely, we caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is witnessing negative estimate revisions. NiSource, Inc Price and EPS Surprise NiSource, Inc Price and EPS Surprise | NiSource, Inc Quote Factors to Consider For the third quarter, the Zacks Consensus Estimate for NiSource's revenues is pegged at $901 million, indicating 4.4% increase year over year. NiSource has a 100% regulated utility business model. We anticipate the increase in total revenues to be driven by the company's execution of capital projects, new rates in electric and gas operations, improvements to its electric generating stations, and the construction of new transmission facilities, to replace aging infrastructure. NiSource successfully refinanced about $1 billion in debt during second quarter with low rate debts that will drive interest expense savings not only in this quarter but in future as well. The debt refinance will result in 2 cents of incremental earnings for the company. We expect these factors to positively drive the performance of the company in the current quarter. Other Stocks to Consider NiSource is not the only company in the industry looking up this earnings season. We can expect earnings beats from these companies as well. Allete, Inc. ALE has an Earnings ESP of +2.89%. It sports Zacks Rank #1 and is expected to report third-quarter 2017 earnings on Nov 1. You can see the complete list of today's Zacks #1 Rank stocks here. Pinnacle West Capital Corporation PNW has an Earnings ESP of +0.14%. It carries Zacks Rank #2 and is anticipated to report third-quarter 2017 earnings on Nov 3. Exelon Corporation EXC has an Earnings ESP of +0.58%. The company flaunts a Zacks Rank #3 and is anticipatedto report third-quarter 2017 earnings on Nov 2. Looking for Stocks with Skyrocketing Upside? Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report NiSource, Inc (NI): Free Stock Analysis Report Allete, Inc. (ALE): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-10-27,23.8652,24.173,23.8221,24.1271,"[""Alliant Energy Corporation (LNT) Ex-Dividend Date Scheduled for October 30, 2017 Alliant Energy Corporation ( LNT ) will begin trading ex-dividend on October 30, 2017. A cash dividend payment of $0.315 per share is scheduled to be paid on November 15, 2017. Shareholders who purchased LNT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that LNT has paid the same dividend. At the current stock price of $43.38, the dividend yield is 2.9%. The previous trading day's last sale of LNT was $43.38, representing a -1.34% decrease from the 52 week high of $43.97 and a 24.37% increase over the 52 week low of $34.88. LNT is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). LNT's current earnings per share, an indicator of a company's profitability, is $1.7. Zacks Investment Research reports LNT's forecasted earnings growth in 2017 as 6.7%, compared to an industry average of 3.4%. For more information on the declaration, record and payment dates, visit the LNT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""NiSource, Inc (NI) Ex-Dividend Date Scheduled for October 30, 2017 NiSource, Inc ( NI ) will begin trading ex-dividend on October 30, 2017. A cash dividend payment of $0.175 per share is scheduled to be paid on November 20, 2017. Shareholders who purchased NI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that NI has paid the same dividend. At the current stock price of $26.47, the dividend yield is 2.64%. The previous trading day's last sale of NI was $26.47, representing a -3% decrease from the 52 week high of $27.29 and a 25.04% increase over the 52 week low of $21.17. NI is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NI's current earnings per share, an indicator of a company's profitability, is $.86. Zacks Investment Research reports NI's forecasted earnings growth in 2017 as 9.95%, compared to an industry average of 3.4%. For more information on the declaration, record and payment dates, visit the NI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to NI through an Exchange Traded Fund [ETF]? The following ETF(s) have NI as a top-10 holding: John Hancock Multifactor Utilities ETF ( JHMU ). The top-performing ETF of this group is JHMU with an increase of 4.65% over the last 100 days. It also has the highest percent weighting of NI at 1.58%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-10-30,23.9776,24.1407,23.9434,24.1212,
EXC,2017-10-31,24.1095,24.2063,24.0372,24.1036,"Will Exelon (EXC) Keep the Earnings Streak Alive in Q3? We expect Exelon CorporationEXC to pull off a positive earnings surprise, when it reports third-quarter 2017 earnings on Nov 2. The Utility has surpassed earnings estimates in the previous two quarters, resulting in an average beat of 5.20%. Why a Likely Positive Surprise? Our proven model shows that Exelon is likely to beat estimates because it has the right combination of two key ingredients. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to be able to beat estimates and the company has the right mix. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks ESP : The Earnings ESP, which represents the difference between the Most Accurate estimate of 87 cents and the Zacks Consensus Estimate of 86 cents, is +0.48 %. This is a meaningful and leading indicator of a likely positive surprise. Zacks Rank : Exelon currently carries a Zacks Rank #3. The combination a favorable Zacks Rank and positive ESP makes us reasonably confident of a positive surprise this season. Conversely, we caution against Sell-rated stocks (#4 or 5) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Exelon Corporation Price and EPS Surprise Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote Factors to Consider Exelon expects its third-quarter earnings to be in the range between 80 cents and 90 cents per share, which takes into account a full quarter of contributions from the New York ZEC program that started on Apr 1. We believe that the Delmarva new electric and gas rate approval, along with Pepco DC rate case during the quarter will have a positive impact on Exelon's total revenues in the second half of 2017. As free cash flow generation capacity is helping Exelon to lower its long-term debt, we expect its outstanding debts to drop further in the second half of 2017. The first-half debt level was $30.3 billion, declining nearly $1.2 billion from 2016 end levels. Other Stocks to Consider Exelon is not the only stock in the Zacks Utility Power industry that is expected to report a positive earnings surprise. Investors can also consider the following stocks from the same space this season. NiSource Inc. NI is expected to report third-quarter earnings on Nov 1. The company has a Zacks Rank #2 and an Earnings ESP of +7.84%. You can see the complete list of today's Zacks #1 Rank stocks here . ALLETE Inc. ALE is expected to report third-quarter earnings on Nov 1. The company has a Zacks Rank #2 and an Earnings ESP of +1.89%. Avista Corporation AVA is expected to report third-quarter earnings on Nov 1. The company has a Zacks Rank #3 and an Earnings ESP of +2.63%. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NiSource, Inc (NI): Free Stock Analysis Report Avista Corporation (AVA): Free Stock Analysis Report Allete, Inc. (ALE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-11-01,24.169,24.1945,23.9669,24.0685,"[""Wholesale Unit Helps Southern Company (SO) Top Q3 Earnings Power supplier Southern CompanySO reported third-quarter 2017 earnings per share (excluding certain one-time items) of $1.12, above the Zacks Consensus Estimate of $1.08. The outperformance stemmed from robust performance of its wholesale unit and lower costs. However, the bottom line deteriorated from the year-ago profit of $1.27 amid tepid retail electricity demand due to unfavorable weather conditions. The Atlanta-based utility's quarterly revenue - at $6,201 million - came slightly lower than the third-quarter 2016 sales of $6,264 million and also lagged the Zacks Consensus Estimate of $6,380 million Southern Company (The) Price, Consensus and EPS Surprise Southern Company (The) Price, Consensus and EPS Surprise | Southern Company (The) Quote Overall Sales Breakup While wholesale sales jumped 19.4%, Southern Company's retail electricity demand softened amid mild weather conditions. This brought about a downward movement in overall electricity sales and usage. In fact, total electricity sales during the third quarter was down 0.6% from the same period last year. Southern Company's total retail sales slumped 5.6%, with residential and commercial sales down by 10% and 5.3%, respectively. Moreover, demand from industrial customers fell 0.5% from the year-ago period Expenses Summary Southern Company's operations and maintenance cost decreased 8.8% to $1,287 million, while the utility's total operating expense for the period - at $4,156 million - was down 4.4% from the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. EXC and Duke Energy Corp. DUK - currently retains a Zacks Rank #4 (Sell). A better-ranked player from the same industry would be NiSource Inc. NI that sports a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Merrillville, IN based NiSource Inc. is an energy holding company and together with its subsidiaries provides natural gas, electricity and other products and services in the U.S. Its operating subsidiaries deliver energy to roughly 3.9 million customers in the Gulf Coast, Midwest and New England. The 2017 Zacks Consensus Estimate for this utility is $1.19, representing some 9.9% earnings per share growth over 2016. Next year's average forecast is $1.26, pointing to another 5.8% growth. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Southern Company (The) (SO): Free Stock Analysis Report NiSource, Inc (NI): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""What's in Store for CenterPoint Energy (CNP) in Q3 Earnings? CenterPoint Energy, Inc.CNP will release third-quarter 2017 financial results before the market opens on Nov 3. In the last quarter, the company pulled off a positive earnings surprise of 38.10%. Moreover, it outperformed the Zacks Consensus Estimate in three of the trailing four quarters, with an average earnings beat of 10.34%. Let's see how things are shaping up for the company prior to this announcement. Factors at Play During the third quarter, one of the most devastating tropical storms in 50 years - Hurricane Harvey hit the city of Houston, TX - which is the primary service region of CenterPoint . Harvey's impact on the state's properties hampered the smooth flow of electricity through the transmission lines, leading to widespread outages. Though the company didn't announce any significant damage caused to its power plants, it is expected that the effect of the storm might weigh down on its profitability in the third quarter. On the brighter note, CenterPoint had witnessed increased customer count and throughput during second-quarter 2017, primarily due to acquisitions of Atmos Energy Marketing (AEM) and the Energy Services business. Going ahead, similar solid performance from Energy Services is expected in third quarter and beyond, buoyed by increased operating income. Moreover, the unemployment rate in Ameren's service territories is better than the national average. An improving economy is likely to boost future utility demand in the state, thereby improving the company's performance. Notably, the Zacks Consensus Estimate of 41 cents for third-quarter earnings projects a decline of 1%. Meanwhile, the same for revenues of $2.02 billion hints at an improvement of almost 6.7% on a year-over-year basis. CenterPoint Energy, Inc. Price and EPS Surprise CenterPoint Energy, Inc. Price and EPS Surprise | CenterPoint Energy, Inc. Quote Earnings Whispers Our proven model does not show that CenterPoint is likely to beat earnings this quarter. This is because a stock needs to have both - a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) - for this to happen. This is not the case here, as you will see below. Zacks ESP: CenterPoint has an Earnings ESP of -0.25%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank: CenterPoint carries a Zacks Rank #2, which increases the predictive power of ESP. However, the negative Earnings ESP makes surprise prediction difficult. Conversely, we caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a few operators in the electric utility space that you may consider, as our model shows that they have the right combination of elements to post an earnings beat this quarter: NRG Energy, Inc. NRG will report next quarterly results on Nov 2. The company has an Earnings ESP of +7.92% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here . Exelon Corporation EXC has an Earnings ESP of +0.48% and a Zacks Rank #3. The company is scheduled to report next quarterly results on Nov 2. Chesapeake Utilities Corporation CPK has an Earnings ESP of +1.45% and a Zacks Rank #3. The company is slated to release next quarterly results on Nov 9. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report NRG Energy, Inc. (NRG): Free Stock Analysis Report Chesapeake Utilities Corporation (CPK): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CMS Energy Corporation (CMS) Ex-Dividend Date Scheduled for November 02, 2017 CMS Energy Corporation ( CMS ) will begin trading ex-dividend on November 02, 2017. A cash dividend payment of $0.333 per share is scheduled to be paid on November 30, 2017. Shareholders who purchased CMS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CMS has paid the same dividend. At the current stock price of $48.37, the dividend yield is 2.75%. The previous trading day's last sale of CMS was $48.37, representing a -1.51% decrease from the 52 week high of $49.11 and a 24.73% increase over the 52 week low of $38.78. CMS is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). CMS's current earnings per share, an indicator of a company's profitability, is $1.93. Zacks Investment Research reports CMS's forecasted earnings growth in 2017 as 7.28%, compared to an industry average of 2.4%. For more information on the declaration, record and payment dates, visit the CMS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Is Ameren (AEE) Likely to Disappoint This Earnings Season? Ameren CorporationAEE is set to release third-quarter 2017 results on Nov 3, before the market opens. Last quarter, this utility delivered a positive earnings surprise of 14.49%. Moreover, it surpassed the Zacks Consensus Estimate in three of the last four quarters, with an average earnings beat of 2.83%. Let's see how things are shaping up at the company prior to this announcement. Factors at Play During the second quarterearnings call Ameren declared that it expects to incur non-cash estimated charge of 6 cents per share in the third quarter, primarily at the parent company. This charge is the result of revaluation of deferred taxes owing to an increase in the Illinois corporate income tax rate, effective Jul 1, 2017. The company also stated that due to the change in timing of interim period revenue recognition in Ameren Illinois, its earnings will decrease by approximately 23 cents per share in the quarter under review. In line with this, the Zacks Consensus Estimate for Ameren's earnings reflects 9.9% decline, for the soon-to-be reported quarter. However, the unemployment rate in Ameren's service territories is less compared with the national average. An improving economy is also likely to boost future utility demand in the state, thereby improving the company's performance. Moreover, the company's service territories witnessed warmer-than-normal temperatures during the quarter. This, in turn, will result in higher household expenditures on cooling, consequently leading to improvement on the revenue front. Ameren Corporation Price and EPS Surprise Ameren Corporation Price and EPS Surprise | Ameren Corporation Quote Earnings Whispers Our proven model does not show that Ameren is likely to beat estimates in this quarter. This is because a stock needs to have both - a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) - to be able to beat estimates. Unfortunately, that is not the case for Ameren. Zacks ESP: Ameren has an Earnings ESP of -3.65%. This is because the Most Accurate estimate is pegged at $1.32 and the Zacks Consensus Estimate stands at $1.37. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank: Ameren has a Zacks Rank #4 (Sell). As it is we caution against stocks with a Zacks Rank #4 or 5 (Strong Sell) going into an earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a few operators in the electric utility space that you may consider, as our model shows that they have the right combination of elements to post an earnings beat this quarter: NRG Energy, Inc. NRG will report next quarterly results on Nov 2. The company has an Earnings ESP of +7.92% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here . Exelon Corporation EXC has an Earnings ESP of +0.48% and a Zacks Rank #3. The company is scheduled to report next quarterly results on Nov 2. Chesapeake Utilities Corporation CPK has an Earnings ESP of +1.45% and a Zacks Rank #3. The company is slated to release next quarterly results on Nov 9. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report NRG Energy, Inc. (NRG): Free Stock Analysis Report Chesapeake Utilities Corporation (CPK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""What's in the Cards for Eversource (Es) in Q3 Earnings? Eversource EnergyES is scheduled to report third-quarter 2017 results before the opening bell on Nov 2. Lastquarter, the company reported positive earnings surprise of 5.88%. Let's see how things are shaping prior tothis announcement. Factors to Consider Eversource distributes electricity to retail customers through electric distribution segment that contributed 52.8% to the bottom line in second-quarter 2017. The company's substantial gain last quarter can be attributed to low operations and maintenance (O&M) costs and higher demand revenues. Notably, the Zacks Consensus Estimate for revenues is currently pegged at $2,076 million, reflecting an increase of 17.8% sequentially. Additionally, the revenues also reflect a year-over-year increase of 1.8% from the prior-year quarter. Eversource successfully served approximately 3.7 million customers in Connecticut, Massachusetts and New Hampshire during second-quarter 2017 compared with3.6 million in last year's quarter. Notably, we can expect the company to continue to expand with its existing customers and also benefit from improved demand in this quarter as well. The company continued to make progress on several of its transmission projects in the third quarter. However, thedecision to drop its Access Northeast Pipeline plan due to regulatory uncertainty, is likely tohave an adverse impact on growth prospects. Earnings Whispers Our proven model does not conclusively show that Eversource is likely to beat estimates this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. But that is not the case here, as you will see below. Zacks ESP: Eversource has an Earnings ESP of -0.55%. This is because the Most Accurate estimate is pegged at 83 cents, wider than the Zacks Consensus Estimate of 84 cents. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank: Eversource carries a Zacks Rank #4 (Sell). As it is, we caution against stocks with a Zacks Rank #4 or #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Eversource Energy Price and EPS Surprise Eversource Energy Price and EPS Surprise | Eversource Energy Quote Stocks to Consider Eversource does not possess the right combination to come out with an earnings surprise this season. Instead, here are a few players from the space that have the right combination of elements to post an earnings beat this quarter. NRG Energy, Inc. NRG has an Earnings ESP of +7.92%. It carries Zacks Rank #3andis expected to report third-quarter 2017 earnings on Nov 2. You can see the complete list of today's Zacks #1 Rank stocks here. Exelon Corporation EXC has an Earnings ESP of +0.48%. It carries Zacks Rank #3andis expected to report third-quarter 2017 earnings on Nov 2. Fortis Inc. FTS has an Earnings ESP of +3.60%. It carries Zacks Rank #3andis expected to report third-quarter 2017 earnings on Nov 3. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NRG Energy, Inc. (NRG): Free Stock Analysis Report Fortis Inc. (FTS): Free Stock Analysis Report Eversource Energy (ES): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Will Irma's Impact Dent Duke Energy (DUK) Q3 Earnings? Duke Energy CorporationDUK an electric and natural gas utility based in Charlotte, NC, is set to report third-quarter 2017 results on Nov 3, before the opening bell. Last quarter, the company posted a negative earnings surprise of 0.98%. However, the company surpassed the Zacks Consensus Estimate in one of the past four quarters, with an average earnings beat of 1.21%. Let's see how things are shaping up prior to this announcement. Factors at Play At the onset of the third quarter, Duke Energy announced a 4.1% hike in its quarterly cash dividend on common stock to 89 cents per share. The dividend payment was scheduled for Sep 18, 2017, to stockholders on record as of Aug 18, 2017.This indicates that the company has been generating robust cash flow from various operations and the soon-to-be-reported quarter is poised to reflect that. On the flip side, Hurricane Irma led to catastrophic losses in Florida last month. The storm damaged the grid system of electricity providers like Duke Energy, which has extensive service territories in the region. This in turn led to disruption in distribution network and widespread outages. Duke Energy reported that its electrical system suffered significant damages in Hardee and Highlands County. The company took several initiatives to address these issues and initiated repair work which included rebuilding this system. Moreover, Duke Energy in September waived off late payment charges and estimated bills for 1.8 million Florida customers to restore power in the state. These must have increased the third-quarter expenses of Duke Energy, which we believe will weigh down on its bottom line. For the to-be-reported quarter, the Zacks Consensus Estimate for earnings reflects a decline of 7.8% year over year, whereas sales are anticipated to drop 1.1% to $6.75 billion. Earnings Whisper Our proven model does not show that Duke Energy will beat earnings this quarter. Notably, a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. Duke Energy lacks these attributes, as mentioned below: Zacks ESP: Duke Energy has an Earnings ESP of -0.91%. This is because the Most Accurate estimate is $1.53, lower than the Zacks Consensus Estimate of $1.55. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank: Duke Energy currently carries a Zacks Rank #4 (Sell). Note that we caution against stocks with a Zacks Rank #4 or 5 (Strong Sell) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Duke Energy Corporation Price and EPS Surprise Duke Energy Corporation Price and EPS Surprise | Duke Energy Corporation Quote Stocks That Warrant a Look Here are a few utility stocks which have the right combination of elements to post an earnings beat this quarter: NRG Energy, Inc. NRG will report next quarterly results on Nov 2. The company has an Earnings ESP of +7.92% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here . Exelon Corporation EXC has an Earnings ESP of +0.48% and a Zacks Rank #3. The company is scheduled to report next quarterly results on Nov 2. Chesapeake Utilities Corporation CPK has an Earnings ESP of +1.45% and a Zacks Rank #3. The company is slated to release next quarterly results on Nov 9. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report NRG Energy, Inc. (NRG): Free Stock Analysis Report Chesapeake Utilities Corporation (CPK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""What to Expect from NRG Energy (NRG) in Q3 Earnings? NRG Energy, Inc.NRG will report third-quarter 2017 results before the market opens on Nov 2. Last quarter, this company delivered a positive surprise of 820%. Let's see how things are shaping up for this earnings season. Factors to Consider NRG Energy announced its ambitious transformation plan in July which is aimed to save more than $1 billion through recurring cost cuts and margin improvements. With this plan, the company aimed to divest its assets in the range of $2.5-$4 billion to strengthen its balance sheet by repayment of a debt of $13 billion. The company expects to continue with its cost-saving initiatives throughout 2017. NRG Energy expects to save $590 million in 2017 through its initiatives and we expect the benefits from this initiative will be felt in third quarter. The Zacks Consensus Estimate for current quarter revenue is currently pegged at $2,937 million reflecting 8.7% sequential increase. Additionally the Zacks Consensus Estimate for current quarter earnings is pegged at 85 cents, reflecting a sequential rise of 136.1%. Earnings Whisper Our proven model does not conclusively show that NRG Energy is going to beat estimates this season. This is because it does not have the right combination of two key ingredients. A stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to beat estimates. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks ESP : The company's Earnings ESP is 0.00%. This is because Most Accurate Estimate and the Zacks Consensus Estimate are both pegged at 92 cents. Zacks Rank : NRG Energy currently carries a Zacks Rank #3. The combination of the company's favorable Zacks Rank and 0.00% ESP lowers the possibility of earnings beat this season. Conversely, we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated) going into the earnings announcement, especially when the company is witnessing negative estimate revisions. NRG Energy, Inc. Price and EPS Surprise NRG Energy, Inc. Price and EPS Surprise | NRG Energy, Inc. Quote Stocks to Consider NRG Energy is not the only company in the space looking up this earnings season. We can expect earnings beats from these companies as well. Fortis Inc. FTS has an Earnings ESP of +3.60%. It carries Zacks Rank #3 and is expected to report third-quarter 2017 earnings on Nov 3. You can see the complete list of today's Zacks #1 Rank stocks here. Exelon Corporation EXC has an Earnings ESP of +0.48%. It carries Zacks Rank #3and is expected to report third-quarter 2017 earnings on Nov 2. American States Water Company AWR has an Earnings ESP of +0.29%. It carries Zacks Rank #2 and is expected to report third-quarter 2017 earnings on Nov 6. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NRG Energy, Inc. (NRG): Free Stock Analysis Report Fortis Inc. (FTS): Free Stock Analysis Report American States Water Company (AWR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for November 2, 2017 : BABA, EPD, ADP, CI, BDX, BCE, ICE, CNQ, EXC, ENB, ZTS, PCG The following companies are expected to report earnings prior to market open on 11/02/2017. Visit our Earnings Calendar for a full list of expected earnings releases. Alibaba Group Holding Limited ( BABA ) is reporting for the quarter ending September 30, 2017. The internet company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.84. This value represents a 33.33% increase compared to the same quarter last year. BABA missed the consensus earnings per share in the 1st calendar quarter of 2017 by -17.02%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for BABA is 46.69 vs. an industry ratio of 7.90, implying that they will have a higher earnings growth than their competitors in the same industry. Enterprise Products Partners L.P. ( EPD ) is reporting for the quarter ending September 30, 2017. The oil/gas company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.31. This value represents a 3.33% increase compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for EPD is 18.56 vs. an industry ratio of 346.40. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending September 30, 2017. The outsourcing company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.85. This value represents a 1.16% decrease compared to the same quarter last year. ADP missed the consensus earnings per share in the 2nd calendar quarter of 2017 by -2.99%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for ADP is 30.36 vs. an industry ratio of 24.90, implying that they will have a higher earnings growth than their competitors in the same industry. Cigna Corporation ( CI ) is reporting for the quarter ending September 30, 2017. The insurance company's consensus earnings per share forecast from the 11 analysts that follow the stock is $2.36. This value represents a 21.65% increase compared to the same quarter last year. In the past year CI has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 17.34%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for CI is 19.64 vs. an industry ratio of 10.40, implying that they will have a higher earnings growth than their competitors in the same industry. Becton, Dickinson and Company ( BDX ) is reporting for the quarter ending September 30, 2017. The medical/dental supplies company's consensus earnings per share forecast from the 12 analysts that follow the stock is $2.38. This value represents a 12.26% increase compared to the same quarter last year. In the past year BDX has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 0.82%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for BDX is 22.06 vs. an industry ratio of -1.90, implying that they will have a higher earnings growth than their competitors in the same industry. BCE, Inc. ( BCE ) is reporting for the quarter ending September 30, 2017. The diversified company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.67. This value represents a 4.29% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for BCE is 17.42 vs. an industry ratio of 35.70. Intercontinental Exchange Inc. ( ICE ) is reporting for the quarter ending September 30, 2017. The securities exchange company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.71. This value represents a 10.94% increase compared to the same quarter last year. In the past year ICE has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2017 Price to Earnings ratio for ICE is 22.41 vs. an industry ratio of 26.80. Canadian Natural Resources Limited ( CNQ ) is reporting for the quarter ending September 30, 2017. The oil company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.11. This value represents a 150.00% increase compared to the same quarter last year. In the past year CNQ and beat the expectations the other three quarters. Zacks Investment Research reports that the 2017 Price to Earnings ratio for CNQ is 38.78 vs. an industry ratio of -8.80, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation ( EXC ) is reporting for the quarter ending September 30, 2017. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.86. This value represents a 5.49% decrease compared to the same quarter last year. EXC missed the consensus earnings per share in the 4th calendar quarter of 2016 by -2.22%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for EXC is 15.00 vs. an industry ratio of 17.50. Enbridge Inc ( ENB ) is reporting for the quarter ending September 30, 2017. The oil (production/pipeline) company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.36. This value represents a no change for the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for ENB is 23.31 vs. an industry ratio of 29.10. Zoetis Inc. ( ZTS ) is reporting for the quarter ending September 30, 2017. The drug company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.63. This value represents a 21.15% increase compared to the same quarter last year. In the past year ZTS has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2017 Price to Earnings ratio for ZTS is 27.27 vs. an industry ratio of -3.20, implying that they will have a higher earnings growth than their competitors in the same industry. Pacific Gas & Electric Co. ( PCG ) is reporting for the quarter ending September 30, 2017. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.94. This value represents a no change for the same quarter last year. PCG missed the consensus earnings per share in the 3rd calendar quarter of 2016 by -14.55%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for PCG is 15.70 vs. an industry ratio of 17.50. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Key Predictions for Q3 Earnings Reports of EXC, LNT, ED, AES The third-quarter earnings season has already passed the half way mark. Total earnings for the 272 S&P members that have released results till now, are up 8.7% year over year on 6.7% higher revenues, with 75.7% beating earnings and 66.2% topping revenue estimates. This is going to be another busy week with 900 companies expected to release earnings including 134 members of the S&P 500. Combining the results of the 272 S&P 500 members with the index's 228 members yet to report, we expect total earnings to be up 5.4% year over year on 5.5% higher revenues. Amid this backdrop, let us focus on Zacks Utilities sector this earnings season. Earnings from the utility space are expected to drop 5.1%. Notably, at present, 10 out of the 16 sectors in the Zacks coverage universe are expected to witness an earnings decline. Read more details in our weekly Earnings Preview Capital intensive utilities are impacted by rise in interest rates in twice in this year - in March and June. In addition, the hurricanes also adversely impacted the utilities operating in Texas and Florida. With the rising interest rates, the stable, regular dividend payer utilities will face strong competition from bonds as these provide higher returns, which will make them a more attractive option for investors. To maintain their performance level, these utilities are resorting to cost savings initiatives, modernizing transmission and distribution lines, upgrading infrastructure and also focusing more on renewables energy to produce electricity to lower emission. Let us take a sneak peek at the four utility stocks scheduled to release third-quarter 2017 earnings on Nov 2. Exelon CorporationEXC surpassed earnings estimates in the previous two quarters, resulting in an average beat of 5.20%. The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here Exelon expects its third-quarter earnings to be between 80 cents and 90 cents per share, which takes into account a full quarter of contributions from the New York ZEC program that started on Apr 1. For the quarter, the Zacks Consensus Estimate for Exelon's revenues is pegged at $9,085 million, indicating 0.9% year-over-year and 19.2% sequential increase. We believe that the Delmarva new electric and gas rate approval, along with Pepco DC rate case during the quarter will have a positive impact on Exelon's total revenues in the second half of 2017. Exelon Corporation Price and EPS Surprise Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote Exelon's Earnings ESP is +0.48%. This is because the Most Accurate estimate of 87 cents is higher than the Zacks Consensus Estimate of 86 cents. According to our proven model, stocks with the combination of a positive Earnings ESP and a Zacks Rank #1, 2 (Buy) or 3 have higher chances of beating estimates. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter The company is likely to beat earnings because it has the right combination of the two key ingredients (read more: Will Exelon Keep the Earnings Streak Alive in Q3? ). Alliant Energy CorporationLNT pulled off a positive earnings surprise of 5.13% in the previous quarter. The company currently carries a Zacks Rank #4 (Sell). Alliant Energy's earnings are expected to gain from its robust capital expenditure plans and constructive regulatory decisions. The progress already made by the company in its wind generation expansion plans will aid in meeting its long-term earnings growth objective of 5% to 7%. The Zacks Consensus Estimate for third-quarter earnings per share is 85 cents, which reflects year-over-year growth of 6.25%. The new electric rates which became effective from 2017 have helped the company increase earnings. Alliant Energy Corporation Price and EPS Surprise Alliant Energy Corporation Price and EPS Surprise | Alliant Energy Corporation Quote Alliant Energy's Earnings ESP is 0.00%. This is because the Most Accurate estimate and the Zacks Consensus Estimate are both pegged at 85 cents. Hence, the company is unlikely to beat earnings as it does not have the right combination of the two key ingredients (read more: What's in Store for Alliant Energy in Q3 Earnings? ). Consolidated EdisonED delivered a negative earnings surprise of 4.92% in the second quarter. The company currently carries a Zacks Rank #3. Consolidated Edison has been investing to enhance its renewable generation assets of late. In the previous quarter, the company's renewable energy production volumes improved 46.1%, leading to an increase of $36 million in renewable revenues. In August, the company announced that its installation plans of solar panels on company roofs and grounds have been approved. Under the initial phase of this strategy, Consolidated Edison expects to generate 3 megawatts of power through the installation that will serve 800 to 1,600 customers, primarily in Brooklyn, Queens and Westchester County. Consolidated Edison Inc Price and EPS Surprise Consolidated Edison Inc Price and EPS Surprise | Consolidated Edison Inc Quote The third-quarter's results are expected to benefit from this initiative. Also, further updates on progress of the same are expected to come when the company reports its quarterly numbers. For the to-be-reported quarter, the Zacks Consensus Estimate for earnings reflects a rise of 0.7% year over year, whereas sales are anticipated to drop 7.8% to $3.14 billion. Consolidated Edison's Earnings ESP is -0.22%. Hence, the company is unlikely to beat earnings as it does not have the right combination of the two key ingredients (read more: What's in Store for Consolidated Edison in Q3 Earnings? ). The AES CorporationAES pulled off a positive earnings surprise of 19.05% in the previous quarter. The company currently carries a Zacks Rank #4. For the to-be reported quarter, the Zacks Consensus Estimate for earnings is projected to move down 8.3% while the same for revenues is estimated to remain flat on a year-over-year basis. The recent hurricanes impacted operation of the company in Puerto Rico and the U.S. Virgin Islands. The company expects an adverse impact of 3-5 cents on earnings due to the unplanned outages. The AES Corporation Price and EPS Surprise The AES Corporation Price and EPS Surprise | The AES Corporation Quote AES Corporation's Earnings ESP is 0.00%. This is because the Most Accurate estimate and the Zacks Consensus Estimate are both pegged at 29 cents. Hence, the company is unlikely to beat earnings as it does not have the right combination of the two key ingredients (read more: Is AES Corp Likely to Disappoint This Earnings Season? ). More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Consolidated Edison Inc (ED): Free Stock Analysis Report The AES Corporation (AES): Free Stock Analysis Report Alliant Energy Corporation (LNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""What's in Store for Alliant Energy (LNT) in Q3 Earnings? Alliant Energy CorporationLNT is slated to report third-quarter 2017 results after the market closes on Nov 2. In the second quarter, the utility company delivered a positive earnings surprise of 5.13%. Let's see how things are shaping up for this earnings season. Factors to Consider Alliant Energy's earnings are expected to gain from its robust capital expenditure plans and constructive regulatory decisions. The progress already made by the company in its wind generation expansion plans will aid in meeting its long-term earnings growth objective of 5% to 7%. The Zacks Consensus Estimate for third-quarter earnings per share is 85 cents, which reflects year-over-year growth of 6.25%. The new electric rates which became effective from 2017 have helped the company increase earnings. Alliant Energy serves the states in Midwest region that experienced both below average summer temperature and above average temperature during the third quarter. So, the likely demand increase in some states is going to be offset by drop in demand in others. Alliant Energy Corporation Price and EPS Surprise Alliant Energy Corporation Price and EPS Surprise | Alliant Energy Corporation Quote Earnings Whisper Our proven model shows that Alliant Energy is not likely to beat estimates because it does not have the right combination of two key ingredients. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to be able to beat estimates and the company has the right mix. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks ESP : The Earnings ESP is 0.00%. This is because the Most Accurate estimate and the Zacks Consensus Estimate are both pegged at 85 cents. Zacks Rank : Alliant Energy's currently carries a Zacks Rank #4 (Sell). Note that we caution against Sell-rated stocks (#4 or 5) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider You can consider stocks in the Zacks Utility Power industry that are expected to report a positive earnings surprise this earnings season. Fortis Inc. FTS is expected to report third-quarter earnings on Nov 2. The company has a Zacks Rank #3 and an Earnings ESP of +3.60%. You can see the complete list of today's Zacks #1 Rank stocks here . NRG Energy NRG is expected to report third-quarter earnings on Nov 2. The company has a Zacks Rank #3 and an Earnings ESP of +7.92%. Exelon Corporation EXC is expected to report third-quarter earnings on Nov 2. The company has a Zacks Rank #3 and an Earnings ESP of +0.48%. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NRG Energy, Inc. (NRG): Free Stock Analysis Report Alliant Energy Corporation (LNT): Free Stock Analysis Report Fortis Inc. (FTS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-11-02,24.0372,24.4631,23.66,24.4094,"[""Exelon (EXC) Misses Q3 Earnings Estimates, Revises Guidance Exelon Corporation 's EXC third-quarter 2017 operating earnings of 85 cents per share lagged the Zacks Consensus Estimate by a penny. Quarterly earnings were 6.6% lower than the year-ago figure of 91 cents. The year-over-year decline in earnings was due to the impact of lower load volumes delivered at the Generation segment due to mild weather, lower realized energy prices related to Exelon's ratable hedging strategy and unfavorable weather conditions at the utilities. On a GAAP basis, quarterly earnings were 85 cents per share compared with 53 cents in the year-ago quarter. Total Revenues Exelon's operating revenues of $8,769 million lagged the Zacks Consensus Estimate of $8,974 million by 2.3%. Quarterly revenues also dropped 2.6% from $9,002 million reported in the year-ago quarter. Exelon Corporation Price, Consensus and EPS Surprise Exelon Corporation Price, Consensus and EPS Surprise | Exelon Corporation Quote Quarterly Highlights Exelon's total operating expenses decreased 5.6% year over year to $7,300 million. The decline was primarily due to lower purchasing power and fuel expenses, and operating and maintenance expenses. Exelon continues to work on its cost savings initiatives and the benefits of the same were witnessed in the reported quarter as well. Interest expenses of $386 million were 25.1% lower than the year-ago quarter. The new electric rates approved by the New Jersey Board of Public Utilities will increase annual revenues by $43 million. The new rates became effective Oct 1, 2017. Hedges Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Sep 30, 2017, was 98-101% for 2017, 79-82% for 2018, and 45-48% for 2019. Guidance Exelon revised its 2017 earnings guidance per share to $2.55-$2.75 from the earlier view of $2.50-$2.80. The new guidance takes into account the 9 cent impact from the postponement of the Illinois Zero Emission Credit contract signing from December 2017 to January 2018. Zacks Rank Exelon currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Peer Releases American Electric Power Co., Inc. AEP reported third-quarter 2017 operating earnings per share of $1.10, missing the Zacks Consensus Estimate of $1.19 by 7.6%. NextEra Energy, Inc. NEE reported third-quarter 2017 adjusted earnings of $1.85 per share, beating the Zacks Consensus Estimate of $1.75 by 5.7%. Dominion Energy Inc. D reported third-quarter 2017 operating earnings of $1.04 cents per share, beating the Zacks Consensus Estimate by a penny. Zacks' Best Private Investment Ideas While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public. Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades\u2026 from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Q3 Earnings Miss by a Penny, Revenues Lag Exelon CorporationEXC , a competitive energy provider, delivers electricity and natural gas to customers in central Maryland, northern Illinois and southeastern Pennsylvania through its subsidiaries. The Chicago, IL-based firm operates in 48 states and the District of Columbia of the U.S., and Canada. Exelon's strategy of matching its load business with generation fleet, addition of renewable and natural gas based power generating units to its portfolio, systematic divestment of non-core assets will drive its performance. Exelon's acquisition of Pepco Holdings Inc. is expected to increase cash flow by $700 million to $850 million in the 2017-2019 time period. Estimate Trend & Surprise History Investors should note that the third quarter Zacks Consensus Estimate for earnings of 86 cents per share decreased by 3.4% over the last 90 days. Coming to the earnings surprise, Exelon has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in a positive average surprise of 7.79%. Exelon Corporation Price and EPS Surprise Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote Zacks Rank : Currently, Exelon has a Zacks Rank#3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . However the rank could change following its third quarter 2017 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earnings : Exelon reported earnings of 85 cents per share, lagging the Zacks Consensus Estimate of 86 cents by a penny. Revenue : Exelon's total revenues came in at $8,730 million, 3.9% lower than the Zacks Consensus Estimate of $9,085 million. Key Stats : Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Sep 30, 2017, was 98-101% for 2017, 79-82% for 2018, and 45-48% for 2019. Check back for our full write up on this EXC earnings report later! Zacks' Best Private Investment Ideas While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public. Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades\u2026 from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-11-03,24.4279,24.9126,24.3156,24.5432,"MDU Resources (MDU) Q3 Earnings Lag, Revenues Top Estimates MDU Resources Group Inc.MDU reported third-quarter 2017 operating earnings of 46 cents per share, missing the Zacks Consensus Estimate of 50 cents by 8%. However, reported earnings increased 8.3% from the year-ago tally of 33 cents. The increase can be attributed to earnings that were up 82% at construction services. This reflects continued demand for high-tech work, stronger equipment sales, and emergency power line repair work in hurricane-ravaged areas in the company's territory . Total Revenue MDU Resources' total revenues for the reported quarter was $1,272.5 million, surpassing the year-ago figure of $1,208.6 million by 5.3%. Quarterly Highlights In the quarter under review, MDU Resources' operating expenses amounted to $1,116.1 million, up 5.1% from $1,061.9 in the prior-year quarter. Operating income came in at $156.4 million in the third quarter, up 6.6%. The company incurred interest expense of $20.9 million, compared with $22.3 million in third-quarter 2016. Financial Condition Total debt was $1,741 million as of Sep 30, 2017, down from $1,902 million as of Sep 30, 2016. The company's cash flow from operating activities as of Sep 30, 2017 was $272 million, down from $276 million in the year-ago period. Guidance MDU Resources has narrowed 2017 earnings per share guidance from $1.10-$1.25 as declared in the second-quarter to the range of $1.10-$1.20. Capital expenditure in 2017 has been trimmeddown to $492 million from $515 million, declared in the second quarter. MDU Resources Group, Inc. Price, Consensus and EPS Surprise MDU Resources Group, Inc. Price, Consensus and EPS Surprise | MDU Resources Group, Inc. Quote Peer Releases NextEra Energy, Inc. NEE reported third-quarter 2017 adjusted earnings of $1.85 per share, beating the Zacks Consensus Estimate of $1.75 by 5.7%. Dominion Energy Inc. D reported third-quarter 2017 operating earnings of $1.04 per share, beating the Zacks Consensus Estimate by a penny. Exelon Corporation EXC reported third-quarter 2017 operating earnings of 54 cents per share, beating the Zacks Consensus Estimate of 52 cents by 3.9%. Zacks Rank MDU Resources carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Looking for Stocks with Skyrocketing Upside? Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report MDU Resources Group, Inc. (MDU): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-11-06,24.5599,24.6614,24.3498,24.3929,
EXC,2017-11-07,24.4162,24.8169,24.3742,24.7387,
EXC,2017-11-08,24.7524,24.8608,24.4808,24.769,"Stocks Generating Improved Relative Strength: Exelon Exelon ( EXC ) saw a welcome improvement to its Relative Strength ( RS ) Rating on Wednesday, with an upgrade from 70 to 75. [ibd-display-video id=2531707 width=50 float=left autostart=true] IBD's proprietary rating identifies share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database. Decades of market research reveals that the best stocks often have an RS Rating north of 80 as they launch their biggest runs. See if Exelon can continue to rebound and hit that benchmark. See How IBD Helps You Make More Money In Stocks Exelon is now considered extended and out of buy range after clearing a 38.88 buy point in a first-stage flat base . See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line. While the company's top line growth fell last quarter from 10% to -3%, EPS grew -7%, up from -17% in the previous report. The company earns the No. 11 rank among its peers in the Utility-Diversified industry group. Fortis ( FTS ), Avangrid ( AGR ) and Nisource ( NI ) are among the top 5 highly rated stocks within the group. RELATED: IBD Stock Rating Upgrades: Rising Relative Strength Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-11-09,24.7034,24.9008,24.595,24.6614,"[""FXU, EUDG: Big ETF Inflows Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the First Trust Utilities AlphaDEX Fund ( FXU ), which added 3,949,998 units, or a 8.9% increase week over week. Among the largest underlying components of FXU, in morning trading today NRG Energy ( NRG ) is up about 1.5%, and Exelon Corporation ( EXC ) is higher by about 0.4%. And on a percentage change basis, the ETF with the biggest increase in inflows was the WisdomTree Europe Quality Dividend Growth Fund ( EUDG ), which added 500,000 units, for a 33.3% increase in outstanding units. VIDEO: FXU, EUDG: Big ETF Inflows The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Reaches Analyst Target Price In recent trading, shares of Exelon Corp (Symbol: EXC) have crossed above the average analyst 12-month target price of $41.28, changing hands for $41.32/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher - if things are looking up for the company, perhaps it is time for that target price to be raised. There are 9 different analyst targets contributing to that average for Exelon Corp, but the average is just that - a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $37.50. And then on the other side of the spectrum one analyst has a target as high as $44.00. The standard deviation is $2.048. But the whole reason to look at the average EXC price target in the first place is to tap into a \""wisdom of crowds\"" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with EXC crossing above that average target price of $41.28/share, investors in EXC have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $41.28 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Exelon Corp: The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com . Get the latest Zacks research report on EXC - FREE . The Top 25 Broker Analyst Picks of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-11-10,24.4935,24.8344,24.4935,24.7572,"[""Ex-Dividend Reminder: Exelon, Southwest Gas Holdings and American States Water Looking at the universe of stocks we cover at Dividend Channel , on 11/14/17, Exelon Corp (Symbol: EXC), Southwest Gas Holdings Inc (Symbol: SWX), and American States Water Co (Symbol: AWR) will all trade ex-dividend for their respective upcoming dividends. Exelon Corp will pay its quarterly dividend of $0.3275 on 12/8/17, Southwest Gas Holdings Inc will pay its quarterly dividend of $0.495 on 12/1/17, and American States Water Co will pay its quarterly dividend of $0.255 on 12/1/17. As a percentage of EXC's recent stock price of $41.05, this dividend works out to approximately 0.80%, so look for shares of Exelon Corp to trade 0.80% lower - all else being equal - when EXC shares open for trading on 11/14/17. Similarly, investors should look for SWX to open 0.61% lower in price and for AWR to open 0.48% lower, all else being equal. Below are dividend history charts for EXC, SWX, and AWR, showing historical dividends prior to the most recent ones declared. Exelon Corp (Symbol: EXC) : Southwest Gas Holdings Inc (Symbol: SWX) : American States Water Co (Symbol: AWR) : In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.19% for Exelon Corp, 2.46% for Southwest Gas Holdings Inc, and 1.92% for American States Water Co. In Friday trading, Exelon Corp shares are currently down about 0.2%, Southwest Gas Holdings Inc shares are off about 1.5%, and American States Water Co shares are down about 1.1% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""WEC Energy Group, Inc. (WEC) Ex-Dividend Date Scheduled for November 13, 2017 WEC Energy Group, Inc. ( WEC ) will begin trading ex-dividend on November 13, 2017. A cash dividend payment of $0.52 per share is scheduled to be paid on December 01, 2017. Shareholders who purchased WEC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that WEC has paid the same dividend. At the current stock price of $68.23, the dividend yield is 3.05%. The previous trading day's last sale of WEC was $68.23, representing a -0.64% decrease from the 52 week high of $68.67 and a 27.14% increase over the 52 week low of $53.66. WEC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WEC's current earnings per share, an indicator of a company's profitability, is $3.04. Zacks Investment Research reports WEC's forecasted earnings growth in 2017 as 4.19%, compared to an industry average of 3.4%. For more information on the declaration, record and payment dates, visit the WEC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to WEC through an Exchange Traded Fund [ETF]? The following ETF(s) have WEC as a top-10 holding: PowerShares DWA Utilities Momentum Portfolio ( PUI ) iShares Morningstar Mid-Cap ETF ( JKG ). The top-performing ETF of this group is JKG with an increase of 4.45% over the last 100 days. PUI has the highest percent weighting of WEC at 3.86%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-11-13,24.8061,25.2858,24.7572,25.2302,"[""Allete, Inc. (ALE) Ex-Dividend Date Scheduled for November 14, 2017 Allete, Inc. ( ALE ) will begin trading ex-dividend on November 14, 2017. A cash dividend payment of $0.535 per share is scheduled to be paid on December 01, 2017. Shareholders who purchased ALE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that ALE has paid the same dividend. At the current stock price of $76.34, the dividend yield is 2.8%. The previous trading day's last sale of ALE was $76.34, representing a -4.58% decrease from the 52 week high of $80 and a 31.12% increase over the 52 week low of $58.22. ALE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ALE's current earnings per share, an indicator of a company's profitability, is $3.46. Zacks Investment Research reports ALE's forecasted earnings growth in 2017 as 12.54%, compared to an industry average of 3.4%. For more information on the declaration, record and payment dates, visit the ALE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ALE through an Exchange Traded Fund [ETF]? The following ETF(s) have ALE as a top-10 holding: PowerShares S&P SmallCap Utilities Portfolio ( PSCU ) iShares S&P SmallCap 600 Value ETF ( IJS ) SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value ( SLYV ) PowerShares S&P SmallCap Low Volatility Portfolio ( XSLV ) SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index -- ( SLY ). The top-performing ETF of this group is SLYV with an increase of 7.13% over the last 100 days. PSCU has the highest percent weighting of ALE at 13.2%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corporation (EXC) Ex-Dividend Date Scheduled for November 14, 2017 Exelon Corporation ( EXC ) will begin trading ex-dividend on November 14, 2017. A cash dividend payment of $0.327 per share is scheduled to be paid on December 08, 2017. Shareholders who purchased EXC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that EXC has paid the same dividend. At the current stock price of $41.3, the dividend yield is 3.17%. The previous trading day's last sale of EXC was $41.3, representing a -0.63% decrease from the 52 week high of $41.56 and a 38.5% increase over the 52 week low of $29.82. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Pacific Gas & Electric Co. ( PCG ). EXC's current earnings per share, an indicator of a company's profitability, is $2.23. Zacks Investment Research reports EXC's forecasted earnings growth in 2017 as -.93%, compared to an industry average of 3.4%. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EXC through an Exchange Traded Fund [ETF]? The following ETF(s) have EXC as a top-10 holding: iShares Trust ( UTLF ) SPDR Select Sector Fund - Utilities ( XLU ) iShares U.S. Utilities ETF ( IDU ) John Hancock Multifactor Utilities ETF ( JHMU ) SPDR S&P Global Infrastructure ETF ( GII ). The top-performing ETF of this group is JHMU with an increase of 7.15% over the last 100 days. UTLF has the highest percent weighting of EXC at 7.57%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Utilities Select Sector SPDR Fund Experiences Big Inflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $52.7 million dollar inflow -- that's a 0.7% increase week over week in outstanding units (from 139,124,160.0 to 140,074,160.0). Among the largest underlying components of XLU, in trading today Southern Company (Symbol: SO) is up about 0.6%, Exelon Corp (Symbol: EXC) is up about 0.9%, and American Electric Power Company, Inc. (Symbol: AEP) is higher by about 0.9%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $45.33 per share, with $55.90 as the 52 week high point - that compares with a last trade of $55.82. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Noteworthy Monday Option Activity: AFL, EXC, KO Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in AFLAC Inc. (Symbol: AFL), where a total volume of 9,109 contracts has been traded thus far today, a contract volume which is representative of approximately 910,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 62.8% of AFL's average daily trading volume over the past month, of 1.5 million shares. Particularly high volume was seen for the $80 strike call option expiring November 17, 2017 , with 3,615 contracts trading so far today, representing approximately 361,500 underlying shares of AFL. Below is a chart showing AFL's trailing twelve month trading history, with the $80 strike highlighted in orange: Exelon Corp (Symbol: EXC) options are showing a volume of 22,543 contracts thus far today. That number of contracts represents approximately 2.3 million underlying shares, working out to a sizeable 49.8% of EXC's average daily trading volume over the past month, of 4.5 million shares. Particularly high volume was seen for the $39 strike call option expiring November 17, 2017 , with 6,926 contracts trading so far today, representing approximately 692,600 underlying shares of EXC. Below is a chart showing EXC's trailing twelve month trading history, with the $39 strike highlighted in orange: And Coca-Cola Co (Symbol: KO) options are showing a volume of 36,521 contracts thus far today. That number of contracts represents approximately 3.7 million underlying shares, working out to a sizeable 43.9% of KO's average daily trading volume over the past month, of 8.3 million shares. Especially high volume was seen for the $47 strike call option expiring December 15, 2017 , with 23,416 contracts trading so far today, representing approximately 2.3 million underlying shares of KO. Below is a chart showing KO's trailing twelve month trading history, with the $47 strike highlighted in orange: For the various different available expirations for AFL options , EXC options , or KO options , visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Monday Sector Leaders: Utilities, Consumer Products Looking at the sectors faring best as of midday Monday, shares of Utilities companies are outperforming other sectors, up 1.3%. Within that group, AES Corp. (Symbol: AES) and Exelon Corp (Symbol: EXC) are two of the day's stand-outs, showing a gain of 5.2% and 2.1%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 1.2% on the day, and up 18.25% year-to-date. AES Corp., meanwhile, is down 3.27% year-to-date, and Exelon Corp is up 21.62% year-to-date. Combined, AES and EXC make up approximately 6.7% of the underlying holdings of XLU. The next best performing sector is the Consumer Products sector, higher by 0.7%. Among large Consumer Products stocks, Mattel Inc (Symbol: MAT) and Hasbro, Inc. (Symbol: HAS) are the most notable, showing a gain of 21.0% and 5.9%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF ( IYK ), which is up 0.7% in midday trading, and up 11.34% on a year-to-date basis. Mattel Inc, meanwhile, is down 32.47% year-to-date, and Hasbro, Inc. is up 27.30% year-to-date. Combined, MAT and HAS make up approximately 0.8% of the underlying holdings of IYK. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, five sectors are up on the day, while three sectors are down. 10 ETFs With Stocks That Insiders Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for November 14, 2017 Consolidated Edison Inc ( ED ) will begin trading ex-dividend on November 14, 2017. A cash dividend payment of $0.69 per share is scheduled to be paid on December 15, 2017. Shareholders who purchased ED prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that ED has paid the same dividend. At the current stock price of $87.19, the dividend yield is 3.17%. The previous trading day's last sale of ED was $87.19, representing a -1.01% decrease from the 52 week high of $88.08 and a 26.8% increase over the 52 week low of $68.76. ED is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ED's current earnings per share, an indicator of a company's profitability, is $4. Zacks Investment Research reports ED's forecasted earnings growth in 2017 as 3.59%, compared to an industry average of 3.4%. For more information on the declaration, record and payment dates, visit the ED Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ED through an Exchange Traded Fund [ETF]? The following ETF(s) have ED as a top-10 holding: iShares Trust ( UTLF ) John Hancock Multifactor Utilities ETF ( JHMU ) PowerShares DWA Utilities Momentum Portfolio ( PUI ) PowerShares Russell Midcap Pure Value Portfolio ( PXMV ) ProShares S&P 500 Dividend Aristocrats ETF ( NOBL ). The top-performing ETF of this group is JHMU with an increase of 7.15% over the last 100 days. UTLF has the highest percent weighting of ED at 5.82%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-11-14,25.2252,25.6513,25.1285,25.6131,
EXC,2017-11-15,25.6532,25.7802,25.1833,25.237,"Duke Energy Corporation (DUK) Ex-Dividend Date Scheduled for November 16, 2017 Duke Energy Corporation ( DUK ) will begin trading ex-dividend on November 16, 2017. A cash dividend payment of $0.89 per share is scheduled to be paid on December 18, 2017. Shareholders who purchased DUK prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.09% increase over prior dividend payment. At the current stock price of $91.09, the dividend yield is 3.91%. The previous trading day's last sale of DUK was $91.09, representing a -0.05% decrease from the 52 week high of $91.14 and a 25.92% increase over the 52 week low of $72.34. DUK is a part of the Public Utilities sector, which includes companies such as Exelon Corporation ( EXC ) and Pacific Gas & Electric Co. ( PCG ). DUK's current earnings per share, an indicator of a company's profitability, is $3.03. Zacks Investment Research reports DUK's forecasted earnings growth in 2017 as -2.77%, compared to an industry average of 2.7%. For more information on the declaration, record and payment dates, visit the DUK Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DUK through an Exchange Traded Fund [ETF]? The following ETF(s) have DUK as a top-10 holding: First Trust North American Energy Infrastructure Fund ( EMLP ) iShares U.S. Utilities ETF ( IDU ) iShares Trust ( UTLF ) iShares Global Utilities ETF ( JXI ) PowerShares DWA Utilities Momentum Portfolio ( PUI ). The top-performing ETF of this group is IDU with an increase of 6.16% over the last 100 days. EMLP has the highest percent weighting of DUK at 9999.99%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-11-16,25.1354,25.1637,24.8374,24.9165,"[""Thursday Sector Laggards: Utilities, Energy Looking at the sectors faring worst as of midday Thursday, shares of Utilities companies are underperforming other sectors, showing a 0.2% loss. Within that group, Exelon Corp (Symbol: EXC) and AES Corp. (Symbol: AES) are two large stocks that are lagging, showing a loss of 1.0% and 0.6%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.2% on the day, and up 18.35% year-to-date. Exelon Corp, meanwhile, is up 20.18% year-to-date, and AES Corp., is down 2.88% year-to-date. Combined, EXC and AES make up approximately 6.6% of the underlying holdings of XLU. The next worst performing sector is the Energy sector, higher by 0.1%. Among large Energy stocks, Marathon Oil Corp. (Symbol: MRO) and Williams Cos Inc (Symbol: WMB) are the most notable, showing a loss of 1.3% and 1.1%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF ( XLE ), which is down 0.3% in midday trading, and down 8.54% on a year-to-date basis. Marathon Oil Corp., meanwhile, is down 14.53% year-to-date, and Williams Cos Inc , is down 9.81% year-to-date. Combined, MRO and WMB make up approximately 2.9% of the underlying holdings of XLE. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Thursday. As you can see, eight sectors are up on the day, while one sector is down. 25 Dividend Giants Widely Held By ETFs \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Hampstead Capital LLP Buys Merck Inc, American International Group Inc, Pioneer Natural ... Hampstead Capital LLP New Purchases: MRK , DRQ , Added Positions: AIG , PXD, EXC, HPE, FLR, PM, PPL, SO, KO, XOM, Reduced Positions:PFE, GM, MOS, MYL, CELG, COG, CVX, VZ, RY, Sold Out:TEVA, DXC, MCFYY, For the details of Hampstead Capital LLP's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Hampstead+Capital+LLP These are the top 5 holdings of Hampstead Capital LLP AT&T Inc ( T ) - 209,000 shares, 8.11% of the total portfolio. Shares reduced by 0.29% Gilead Sciences Inc ( GILD ) - 61,000 shares, 4.9% of the total portfolio. Exelon Corp ( EXC ) - 125,000 shares, 4.66% of the total portfolio. Shares added by 19.05% Pioneer Natural Resources Co ( PXD ) - 30,000 shares, 4.38% of the total portfolio. Shares added by 50.00% Celgene Corp ( CELG ) - 30,000 shares, 4.33% of the total portfolio. Shares reduced by 14.29% New Purchase: Merck & Co Inc (MRK) Hampstead Capital LLP initiated holdings in Merck & Co Inc. The purchase prices were between $61.49 and $66.16, with an estimated average price of $63.55. The stock is now traded at around $55.11. The impact to the portfolio due to this purchase was 3.17%. The holdings were 50,000 shares as of 2017-09-30. New Purchase: Dril-Quip Inc (DRQ) Hampstead Capital LLP initiated holdings in Dril-Quip Inc. The purchase prices were between $36.2 and $52.05, with an estimated average price of $43.62. The stock is now traded at around $44.85. The impact to the portfolio due to this purchase was 0.87%. The holdings were 20,000 shares as of 2017-09-30. Added: American International Group Inc (AIG) Hampstead Capital LLP added to the holdings in American International Group Inc by 65.00%. The purchase prices were between $58.27 and $66.06, with an estimated average price of $62.31. The stock is now traded at around $60.65. The impact to the portfolio due to this purchase was 1.58%. The holdings were 66,000 shares as of 2017-09-30. Added: Pioneer Natural Resources Co ( PXD ) Hampstead Capital LLP added to the holdings in Pioneer Natural Resources Co by 50.00%. The purchase prices were between $127.94 and $163.94, with an estimated average price of $143.84. The stock is now traded at around $151.58. The impact to the portfolio due to this purchase was 1.46%. The holdings were 30,000 shares as of 2017-09-30. Added: Hewlett Packard Enterprise Co (HPE) Hampstead Capital LLP added to the holdings in Hewlett Packard Enterprise Co by 45.45%. The purchase prices were between $12.68 and $14.89, with an estimated average price of $13.56. The stock is now traded at around $13.28. The impact to the portfolio due to this purchase was 0.73%. The holdings were 160,000 shares as of 2017-09-30. Added: Fluor Corp (FLR) Hampstead Capital LLP added to the holdings in Fluor Corp by 31.91%. The purchase prices were between $37.23 and $46.55, with an estimated average price of $41.53. The stock is now traded at around $46.29. The impact to the portfolio due to this purchase was 0.63%. The holdings were 62,000 shares as of 2017-09-30. Sold Out: Teva Pharmaceutical Industries Ltd (TEVA) Hampstead Capital LLP sold out the holdings in Teva Pharmaceutical Industries Ltd. The sale prices were between $15.41 and $33.31, with an estimated average price of $22.57. Sold Out: DXC Technology Co (DXC) Hampstead Capital LLP sold out the holdings in DXC Technology Co. The sale prices were between $75.95 and $85.91, with an estimated average price of $81.85. Sold Out: Micro Focus International PLC (MCFYY) Hampstead Capital LLP sold out the holdings in Micro Focus International PLC. The sale prices were between $32.93 and $32.93, with an estimated average price of $32.93. Warning! GuruFocus has detected 1 Warning Sign with AIG. Click here to check it out. AIG 15-Year Financial Data The intrinsic value of AIG Peter Lynch Chart of AIG Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-11-17,24.8871,24.9889,24.809,24.9292,
EXC,2017-11-20,24.9644,25.1578,24.8989,24.9839,"EXC July 2018 Options Begin Trading Investors in Exelon Corp (Symbol: EXC) saw new options begin trading today, for the July 2018 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 242 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the EXC options chain for the new July 2018 contracts and identified one put and one call contract of particular interest. The put contract at the $40.00 strike price has a current bid of $1.85. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $40.00, but will also collect the premium, putting the cost basis of the shares at $38.15 (before broker commissions). To an investor already interested in purchasing shares of EXC, that could represent an attractive alternative to paying $41.29/share today. Because the $40.00 strike represents an approximate 3% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 59%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 4.62% return on the cash commitment, or 6.98% annualized - at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $40.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $42.00 strike price has a current bid of $1.70. If an investor was to purchase shares of EXC stock at the current price level of $41.29/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $42.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 5.84% if the stock gets called away at the July 2018 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if EXC shares really soar, which is why looking at the trailing twelve month trading history for Exelon Corp, as well as studying the business fundamentals becomes important. Below is a chart showing EXC's trailing twelve month trading history, with the $42.00 strike highlighted in red: Considering the fact that the $42.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 54%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 4.12% boost of extra return to the investor, or 6.21% annualized, which we refer to as the YieldBoost . The implied volatility in the put contract example is 18%, while the implied volatility in the call contract example is 19%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $41.29) to be 15%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of Stocks Analysts Like » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-11-21,25.0493,25.1734,24.9772,25.0093,"Here's Why You Should Hold on to Exelon (EXC) Stock for Now Shares of Exelon CorporationEXC have outperformed the Zacks Electric Power industry in the last 12 months. While the company's shares rallied 27.4%, the industry gained 14.4%. Exelon invests substantially in infrastructure projects besides expanding its renewable and fossil fuel generating capacity. Exelon plans to invest nearly $20 billion over the 2017-2020 time period, in a bid to improve reliability of operations. Such systematic investments in regulated assets will drive earnings growth in the range of 6-8% and rate base growth of 6.5% during this time frame. Exelon expects to generate free cash flow of nearly $6.8 billion in the 2017-2020 period and intends to utilize the same to increase shareholders' value. The company will use nearly $2.8-$3.2 billion to strengthen balance sheet and the rest to fortify existing operations. The move will help the company to serve increasing customer base more efficiently. Exelon's Generation segment is working on its cost-reduction initiatives and expects to generate cost savings of $250 million annually by 2020 from 2017 levels. This initiative will likely have a positive impact on margins from 2018. However, Exelon's financial performance is guided by price fluctuations in the wholesale power markets. Wholesale power prices are dependent on supply and demand, which in turn are determined by factors such as fuel prices, especially those of coal and natural gas. In addition, unfavorable weather during the third quarter adversely impacted demand and performance of the company. The company's Zacks Consensus Estimate for 2018 earnings per share inched up 0.7% over the last 60 days. The company delivered positive surprises in two of the last four quarters with an average beat of 1.76%. Zacks Rank & Key Picks Exelon currently has a Zacks Rank #3 (Hold). Some better-ranked stocks from the same industry worth considering are PNM Resources, Inc. PNM , IDACORP Inc. IDA and UNITIL Corporation UTL . All three stocks carry a Zacks Rank #2(Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. PNM Resources reported third-quarter 2017 earnings from continuing operations of 93 cents per share, beating the Zacks Consensus Estimate of 85 cents by 9.4%. Its 2017 estimates increased to $1.86 from $1.85 per share in the last 30 days. IDACORP reported third-quarter 2017 earnings from continuing operations of $1.80 per share, beating the Zacks Consensus Estimate of $1.66 cents by 8.4%. Its 2017 estimates increased to $4.08 from $4.00 per share in the last 30 days. UNITIL posted third-quarter 2017 earnings from continuing operations of 16 cents per share, beating the Zacks Consensus Estimate of 11 cents by 45.5%. Its 2017 estimates increased to $2.03 from $1.98 per share in the last 30 days. Zacks' Hidden Trades While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them? Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trade>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report IDACORP, Inc. (IDA): Free Stock Analysis Report UNITIL Corporation (UTL): Free Stock Analysis Report PNM Resources, Inc. (Holding Co.) (PNM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-11-22,25.0376,25.105,24.8989,25.0728,
EXC,2017-11-24,25.0728,25.2223,25.0563,25.1529,
EXC,2017-11-27,25.196,25.2682,25.0493,25.1637,"Spark Energy, Inc. (SPKE) Ex-Dividend Date Scheduled for November 28, 2017 Spark Energy, Inc. ( SPKE ) will begin trading ex-dividend on November 28, 2017. A cash dividend payment of $0.181 per share is scheduled to be paid on December 14, 2017. Shareholders who purchased SPKE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -0.14% decrease from the prior dividend payment. At the current stock price of $12.15, the dividend yield is 5.97%. The previous trading day's last sale of SPKE was $12.15, representing a -48.63% decrease from the 52 week high of $23.65 and a 7.52% increase over the 52 week low of $11.30. SPKE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). SPKE's current earnings per share, an indicator of a company's profitability, is $.81. Zacks Investment Research reports SPKE's forecasted earnings growth in 2017 as -15.7%, compared to an industry average of 2.7%. For more information on the declaration, record and payment dates, visit the SPKE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-11-28,25.2419,25.4412,25.2203,25.3532,
EXC,2017-11-29,25.2751,25.3201,25.065,25.1891,"Avista Corporation (AVA) Ex-Dividend Date Scheduled for November 30, 2017 Avista Corporation ( AVA ) will begin trading ex-dividend on November 30, 2017. A cash dividend payment of $0.357 per share is scheduled to be paid on December 15, 2017. Shareholders who purchased AVA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that AVA has paid the same dividend. At the current stock price of $52, the dividend yield is 2.75%. The previous trading day's last sale of AVA was $52, representing a -1.57% decrease from the 52 week high of $52.83 and a 37.64% increase over the 52 week low of $37.78. AVA is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AVA's current earnings per share, an indicator of a company's profitability, is $1.99. Zacks Investment Research reports AVA's forecasted earnings growth in 2017 as -15.12%, compared to an industry average of 2.7%. For more information on the declaration, record and payment dates, visit the AVA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AVA through an Exchange Traded Fund [ETF]? The following ETF(s) have AVA as a top-10 holding: PowerShares S&P SmallCap Utilities Portfolio ( PSCU ) Vanguard S&P Small-Cap 600 Value ETF ( VIOV ) iShares S&P SmallCap 600 Value ETF ( IJS ) SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value ( SLYV ) SPDR SSGA US Small Cap Low Volatility Index ETF ( SMLV ). The top-performing ETF of this group is PSCU with an increase of 10.72% over the last 100 days. It also has the highest percent weighting of AVA at 11.42%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-11-30,25.2252,25.3532,25.0328,25.2018,
EXC,2017-12-01,25.3093,25.4305,24.9292,25.2751,
EXC,2017-12-04,25.3093,25.3767,25.0259,25.11,"Southern Company Lowers Kemper Project Cost, Reduces Rates Electric utility firm The Southern CompanySO finally reached a settlement with the Mississippi Public Utilities Staff regarding the rate issue concerning the controversial Kemper Project. Mississippi Power, subsidiary of Southern Company and in charge of the Kemper Project, has agreed to lower the price tag of the Kemper Project by $85 million. This will help to lower the amount the company needs to recover from customers by $13.4 million. Looking Back The Kemper plant had been central to ex-President Obama's Climate Plan and was designed to reduce up to 65% of carbon dioxide emissions. Notably, the project also received the support of President Trump. However, the project has been facing continuous criticism owing to its poor execution, cost overruns and multiple delays. The plant is already three years behind schedule and is over $4 billion beyond the stipulated budget. The overall cost of the plant was estimated to be around $3 billion in 2010. However, with several delays adding to the project's cost, the current price tag of the plant has ballooned over $7.5 billion. In the past 18 months, the company has announced 10 delays due to project management problems. The project found it difficult to get its two gasifiers to operate consistently. Mississippi Power has been unable to make the project economically viable in the face of volatile natural gas prices . In June, Mississippi Public Service Commission (MPSC) issued an ultimatum ordering Southern Company to redesign plans and run the Kemper Project solely on natural gas. Thereafter, the company suspended all coal gasification operations at its Kemper plant. Mississippi regulators, who do not wish ratepayers to incur additional costs, ordered the company not to increase the rates for Mississippi Power customers. In fact, they want the company to lower the rates, if feasible. Recent Updates Mississippi Power's settlement deal has resulted in the rate reduction for the customers from $126 million to $112.6 million. The move entitles customers to pay $1 less every month than what they are currently paying. The company believes that it has complied with all the requirements of Public Service Commission including the rate reductions and the operation of the plant solely as a natural gas facility. The company now thus wants the MPSC to re-evaluate the settlement agreement. The final decision on which is expected by January. Zacks Rank Southern Company is one of the largest generators of electricity in the nation along with the likes of Exelon Corporation EXC , Atlantic Power Corporation AT and RWE AG RWEOY among others. Southern Company carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Southern Company (The) Price Southern Company (The) Price | Southern Company (The) Quote Zacks' Best Private Investment Ideas While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public. Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Southern Company (The) (SO): Free Stock Analysis Report Atlantic Power Corporation (AT): Free Stock Analysis Report RWE AG (RWEOY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-12-05,25.1227,25.2018,24.7416,24.9233,
EXC,2017-12-06,25.062,25.1637,24.639,24.8442,"[""Public Service Enterprise Group Incorporated (PEG) Ex-Dividend Date Scheduled for December 07, 2017 Public Service Enterprise Group Incorporated ( PEG ) will begin trading ex-dividend on December 07, 2017. A cash dividend payment of $0.43 per share is scheduled to be paid on December 29, 2017. Shareholders who purchased PEG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that PEG has paid the same dividend. At the current stock price of $52.68, the dividend yield is 3.26%. The previous trading day's last sale of PEG was $52.68, representing a -1.13% decrease from the 52 week high of $53.28 and a 28.05% increase over the 52 week low of $41.14. PEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PEG's current earnings per share, an indicator of a company's profitability, is $1.03. Zacks Investment Research reports PEG's forecasted earnings growth in 2017 as .55%, compared to an industry average of 2.5%. For more information on the declaration, record and payment dates, visit the PEG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PEG through an Exchange Traded Fund [ETF]? The following ETF(s) have PEG as a top-10 holding: John Hancock Multifactor Utilities ETF ( JHMU ) iShares Trust ( UTLF ) SPDR Select Sector Fund - Utilities ( XLU ) iShares U.S. Utilities ETF ( IDU ) Vanguard Utilities ETF ( VPU ). The top-performing ETF of this group is VPU with an increase of 7.05% over the last 100 days. JHMU has the highest percent weighting of PEG at 5.02%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Westar Energy, Inc. (WR) Ex-Dividend Date Scheduled for December 07, 2017 Westar Energy, Inc. ( WR ) will begin trading ex-dividend on December 07, 2017. A cash dividend payment of $0.4 per share is scheduled to be paid on January 02, 2018. Shareholders who purchased WR prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that WR has paid the same dividend. At the current stock price of $56.39, the dividend yield is 2.84%. The previous trading day's last sale of WR was $56.39, representing a -1.93% decrease from the 52 week high of $57.50 and a 14.61% increase over the 52 week low of $49.20. WR is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WR's current earnings per share, an indicator of a company's profitability, is $2.41. Zacks Investment Research reports WR's forecasted earnings growth in 2017 as .66%, compared to an industry average of 2.5%. For more information on the declaration, record and payment dates, visit the WR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to WR through an Exchange Traded Fund [ETF]? The following ETF(s) have WR as a top-10 holding: PowerShares S&P MidCap Low Volatility Portfolio ( XMLV ) ProShares Ultra Utilities ( UPW ). The top-performing ETF of this group is UPW with an increase of 14.08% over the last 100 days. XMLV has the highest percent weighting of WR at 1.66%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-12-07,24.8579,24.8754,23.8965,24.6567,
EXC,2017-12-08,24.5432,24.8149,24.3929,24.8032,
EXC,2017-12-11,24.8257,25.3464,24.8257,25.3268,"Ameren Corporation (AEE) Ex-Dividend Date Scheduled for December 12, 2017 Ameren Corporation ( AEE ) will begin trading ex-dividend on December 12, 2017. A cash dividend payment of $0.458 per share is scheduled to be paid on December 29, 2017. Shareholders who purchased AEE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.09% increase over prior dividend payment. At the current stock price of $63.19, the dividend yield is 2.9%. The previous trading day's last sale of AEE was $63.19, representing a -2.62% decrease from the 52 week high of $64.89 and a 27.02% increase over the 52 week low of $49.75. AEE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AEE's current earnings per share, an indicator of a company's profitability, is $2.52. Zacks Investment Research reports AEE's forecasted earnings growth in 2017 as 4.85%, compared to an industry average of 2.6%. For more information on the declaration, record and payment dates, visit the AEE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-12-12,25.2419,25.3093,24.7475,24.7788,"Noteworthy ETF Inflows: IDU, SO, EXC, AEP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $141.0 million dollar inflow -- that's a 18.9% increase week over week in outstanding units (from 5,300,000.00 to 6,300,000.00). Among the largest underlying components of IDU, in trading today Southern Company (Symbol: SO) is down about 0.1%, Exelon Corp (Symbol: EXC) is down about 0.8%, and American Electric Power Company, Inc. (Symbol: AEP) is lower by about 0.3%. For a complete list of holdings, visit the IDU Holdings page » The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $119.27 per share, with $142.50 as the 52 week high point - that compares with a last trade of $140.30. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-12-13,24.7718,25.068,24.6879,24.8511,"NorthWestern Corporation (NWE) Ex-Dividend Date Scheduled for December 14, 2017 NorthWestern Corporation ( NWE ) will begin trading ex-dividend on December 14, 2017. A cash dividend payment of $0.525 per share is scheduled to be paid on December 29, 2017. Shareholders who purchased NWE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that NWE has paid the same dividend. At the current stock price of $62.12, the dividend yield is 3.38%. The previous trading day's last sale of NWE was $62.12, representing a -3.65% decrease from the 52 week high of $64.47 and a 11.63% increase over the 52 week low of $55.65. NWE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NWE's current earnings per share, an indicator of a company's profitability, is $3.31. Zacks Investment Research reports NWE's forecasted earnings growth in 2017 as 2.63%, compared to an industry average of 2.1%. For more information on the declaration, record and payment dates, visit the NWE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-12-14,24.7602,24.9292,24.5365,24.6567,
EXC,2017-12-15,24.6879,24.7817,24.5784,24.6156,
EXC,2017-12-18,24.7054,24.8198,24.4026,24.4593,"[""Feeling Left Out? Why Utilities Haven't Joined the Market Rally In Barron's Trader column this weekend, I warned that utilities could be in for a bumpy ride. That wasn't meant to be a next day prediction, but the Utilities Select Sector SPDR ETF (XLU) is sinking today, even as the market rallies. And the reason for the short-term moves in each might be for the same reason: Tax reform. Getty Images Here's what I wrote about utilities over the weekend: So if the S&P 500 is really rallying because of the imminent passage of tax reform, then it makes sense for utilities to lag. But it's not the only reason utilities are feeling some pain today. Scana (SCG) has dropped 3.7% to $42.79 at 12:30 p.m. today on reports that evidence emerged that it didn't reveal material information about a nuclear project. And that's on top of the possibility of rising bond yields in 2018. In a note released last Friday, Credit Suisse analyst Michael Weinstein and team recommended buying utilities with increasing cash flow: Companies that stand to benefit include NextEra Energy (NEE), Dominion Energy (D) and Exelon (EXC). A lot of good it's doing them: Shares of NextEra Energy have fallen 0.7% to $157.29, while Dominion Energy has dropped 1.8% to $83.42, Exelon is off 0.3% at $40.60, and Scana has tumbled 3.8% to $42.75. The Utilities Select Sector SPDR ETF has 0.9% to $54.55. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Interesting EXC Put And Call Options For February 2018 Investors in Exelon Corp (Symbol: EXC) saw new options begin trading today, for the February 2018 expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the EXC options chain for the new February 2018 contracts and identified one put and one call contract of particular interest. The put contract at the $40.00 strike price has a current bid of 75 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $40.00, but will also collect the premium, putting the cost basis of the shares at $39.25 (before broker commissions). To an investor already interested in purchasing shares of EXC, that could represent an attractive alternative to paying $40.65/share today. Because the $40.00 strike represents an approximate 2% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 59%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 1.88% return on the cash commitment, or 11.41% annualized - at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $40.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $41.00 strike price has a current bid of 70 cents. If an investor was to purchase shares of EXC stock at the current price level of $40.65/share, and then sell-to-open that call contract as a \""covered call,\"" they are committing to sell the stock at $41.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 2.58% if the stock gets called away at the February 2018 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if EXC shares really soar, which is why looking at the trailing twelve month trading history for Exelon Corp, as well as studying the business fundamentals becomes important. Below is a chart showing EXC's trailing twelve month trading history, with the $41.00 strike highlighted in red: Considering the fact that the $41.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 55%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 1.72% boost of extra return to the investor, or 10.48% annualized, which we refer to as the YieldBoost . The implied volatility in the put contract example, as well as the call contract example, are both approximately 17%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $40.65) to be 14%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of Stocks Analysts Like \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-12-19,24.5189,24.6156,23.9316,23.9385,
EXC,2017-12-20,23.9131,23.9991,23.5466,23.5868,"Stock Market News For Dec 20, 2017 Benchmarks finished in the red on Tuesday after optimism over the passage of the Republican tax Bill was outweighed by its impact on future monetary policy stimulus. Further, investors widely expected the much-awaited tax cut bill, which in turn resulted in a stock sell-off. However, the House failed to comply with Senate rules on Tuesday, following which the House will re-vote for the tax Bill again on Wednesday. The Dow Jones Industrial Average (DJIA) decreased 0.2%, to close at 24,754.75. The S&P 500 Index (INX) fell 0.3% to close at 2,681.47. The tech-laden Nasdaq Composite Index (IXIC) closed at 6,963.85, losing 0.4%. A total of 6.6 billion shares were traded on Tuesday, lower than the last 20-session average of 6.8 billion shares. Decliners outnumbered advancers on the NYSE by a 1.81-to-1 ratio. On Nasdaq, a 1.82-to-1 ratio favored declining issues. The CBOE VIX increased 5.3% to close at 10.03. Focus on Republican Tax Bill During the trading day, the House of Representatives passed the Republican tax overhaul Bill. Optimism of a lower corporate tax rates boosted sentiment for the last few sessions. However, markets witnessed a slight pullback on Tuesday after days of rally, which in turn weighed on all the three key U.S. indexes. Although, the House passed the tax Bill, it violated Senate rules. The three provisions which were included in the Bill did not fulfill the Byrd Rule. The provisions include criteria used to determine whether private university grants were subject to excise taxes, allowing families to utilize 529 plans to bear home-schooling costs and the name of the Bill. The Senate is expected to vote for the bill after the market close excluding these provisions, following which the House will re-cast vote to pass the Bill. Additionally, two more Republican Senators Susan Collins and Mike Lee decided to vote in favor of the GOP tax bill. In the of S&P 500, out of its 10 key sectors, seven of them declined yesterday with both real estate and utilities sectors being key decliners. The Real Estate Select Sector SPDR (XLRE) fell 1.9%, becoming the worst performer among the S&P 500 sector. Some of its key holdings including Welltower Inc. HCN and Ventas, Inc. VTR decreased 4.3% and 4%, respectively. Additionally, the Utilities Select Sector SPDR (XLU) fell 1.8%, becoming the second biggest declining sector among the S&P 500. Some of its key components including Exelon Corporation EXC and PPL Corporation PPL decreased 2.1% and 4.6%, respectively. While, Exelon has a Zacks Rank #3 (Hold), PPL possess a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . New Residential Construction Remains Upbeat Per the Census Bureau and Housing and Urban Development Department, new residential construction also came in favorable in June. Housing starts rose to 1.297 million in November from the upwardly revised 1.256 million in October, well above analysts' estimate of 1,251 million. Moreover, a key indicator of future housing activity prospects building permits increased by 3.4% year over year to settle at 1.298 million in November. Additionally, it was also higher than the estimated level of 1,278 million. New residential construction reached its best level in more than a decade. Stocks That Made Headlines FedEx Beats on Q2 Earnings & Revenues, Stock Gains FedEx CorporationFDX reported better-than-expected results in the second quarter of fiscal 2018 driven by increased package volumes during the peak holiday season. ( Read More ) Campbell Soup Fortifies Snacks Division, Buys Snyder's-Lance Campbell Soup CompanyCPB has agreed to buy the leading snacks maker - Snyder's-Lance, Inc. LNCE - in an all-cash deal worth nearly $4.87 billion or $50 per share. ( Read More ) 5 Medical Stocks to Buy Now Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions. New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits. Click here to see the 5 stocks >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report PPL Corporation (PPL): Free Stock Analysis Report Campbell Soup Company (CPB): Free Stock Analysis Report Snyder's-Lance, Inc. (LNCE): Free Stock Analysis Report FedEx Corporation (FDX): Free Stock Analysis Report Ventas, Inc. (VTR): Free Stock Analysis Report Welltower Inc. (HCN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-12-21,23.4852,23.7812,23.4178,23.6073,"Stock Market News For Dec 21, 2017 Benchmarks ended in negative territory on Wednesday as investors remained indifferent even as Congress passed the much-awaited Republican tax Bill. During the day, all the three key U.S. indexes reached record high levels initially, but finished lower following a pullback. Markets have already traded higher in the last few sessions on optimism over the passage of the tax cut Bill and witnessed a sell-off after both the Houses actually passed the Bill on Wednesday. The Dow Jones Industrial Average (DJIA) decreased 0.1%, to close at 24,726.65. The S&P 500 Index (INX) fell 0.1% to close at 2,679.25. The tech-laden Nasdaq Composite Index (IXIC) closed at 6,960.96, losing 2.39 points. A total of 6.17 billion shares were traded on Wednesday, lower than the last 20-session average of 6.84 billion shares. However, advancers outnumbered decliners on the NYSE by a 1.01-to-1 ratio. On Nasdaq, a 1.01-to-1 ratio favored advancing issues. The CBOE VIX decreased 4.4% to close at 9.59. Congress Finally Pass Republican Tax Bill On Tuesday, the House of Representatives passed the Republican tax overhaul Bill. Although, the House passed the tax Bill, it violated Senate rules during this process. The three provisions which were included in the Bill did not fulfill the Byrd Rule. These include criteria used to determine whether private university grants are subject to excise taxes, allowing families to utilize 529 plans to bear home-schooling costs and the name of the Bill itself. The Senate Republicans passed the tax overhaul Bill early Wednesday, excluding the provisions. The Senate voted 51-48 in favor of the Bill, with majority of the Republicans present in the Senate supporting the new tax code. The Bill permanently slashes corporate tax rates from 35% to 21%. Further, companies will be allowed to pay a 5% tax on reinvested earnings and 10% tax on deferred cash earnings. After the Senate passed the tax Bill, the House of Representatives re-voted 224-201 in favor of the Bill, complying with the Senate rules. Optimism regarding lower corporate tax rates has already boosted sentiment for the last few sessions. However, markets witnessed a slight pullback on Wednesday as investors had already priced in the impact of the legislation, which in turn weighed on all the three key U.S. indexes. In the of S&P 500, out of its 10 key sectors, seven of them declined yesterday with both real estate and utilities sectors being key decliners. The Real Estate Select Sector SPDR (XLRE) fell 1.1%, becoming the worst performer among the S&P 500 sector. Some of its key holdings including Simon Property Group, Inc. SPG and Public Storage PSA decreased 2.6% and 1.5%, respectively. Additionally, the Utilities Select Sector SPDR (XLU) fell 0.8%, becoming the second biggest declining sector among the S&P 500. Some of its key components including Exelon Corporation EXC and Xcel Energy Inc. XEL decreased 1.5% and 1.7%, respectively. While, Exelon has a Zacks Rank #3 (Hold), Xcel Energy possess a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . FedEx Boosts Dow Transports Meanwhile, key transportation index, Dow Jones Transportation Average rose 0.9% on Wednesday following gain in shares of FedEx Corporation FDX . FedEx's shares increased 3.5% on the back of strong fiscal second quarter earnings results. The company's earnings (excluding 33 cents from non-recurring items) of $3.18 per share comfortably surpassed the Zacks Consensus Estimate of $2.87. Its quarterly revenues increased 9.3% year over year to $16,313 million, beating the Zacks Consensus Estimate of $15,672.4 million.FedEx also gave a bullish outlook for fiscal 2018 owing to higher revenues and strong demand. (Read More: FedEx Beats on Q2 Earnings & Revenues, Stock Gains ) Stocks That Made Headlines BlackBerry Up on Q3 Earnings & Sales Beat, View Intact Shares of BlackBerry LimitedBB have gained following the release of third-quarter fiscal 2018 (ended Nov 30, 2017) earnings report. ( Read More ) Bed Bath & Beyond Declines Despite Q3 Earnings Beat Bed Bath & Beyond Inc. BBBY delivered better-than-expected results in third-quarter fiscal 2017 as both earnings and sales topped estimates. ( Read More ) Zacks' Best Private Investment Ideas While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public. Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Xcel Energy Inc. (XEL): Free Stock Analysis Report Bed Bath & Beyond Inc. (BBBY): Free Stock Analysis Report FedEx Corporation (FDX): Free Stock Analysis Report Simon Property Group, Inc. (SPG): Free Stock Analysis Report Public Storage (PSA): Free Stock Analysis Report BlackBerry Limited (BB): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-12-22,23.6776,23.6962,23.5466,23.5692,"Top Analyst Reports for Wal-Mart, Procter & Gamble and NVIDIA Friday, December 22, 2017 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Wal-Mart (WMT), Procter & Gamble (PG) and NVIDIA (NVDA). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today's research reports here >>> Buy-rated Wal-Mart's shares have been strong performers lately, with the stock up +31% over the last six months, outperforming the S&P 500's +10.1% gain in the same time period. Wal-Mart Stores, recently announced plans to drop the ""hyphen"" and ""stores"" from its name to officially emerge as an omnichannel retailer. The company has been riding on its splendid past record, which derives strength from constant e-commerce initiatives, like buyouts, alliances, and improved delivery systems. Thanks to these trends, along with solid traffic, Walmart's third-quarter fiscal 2018 marked its ninth and 13th straight quarter of positive earnings surprise and comps growth, respectively. Also, the company's international business (particularly Mexico and China) remains a growth driver. These factors, along with a strengthening foothold in the online grocery space place the company well. This is evident from management's raised view for fiscal 2018. However, stiff competition and macroeconomic woes like volatile consumer spending remain threats. (You can read the full research report on Wal-Mart here >>> ). Shares of Procter & Gamble have underperformed the Zacks Soap and Cleaning Materials industry so far this year (+9% vs. +17.5%). The Zacks analyst likes its strong brand recognition, diversified portfolio, impressive product development capabilities and marketing prowess as well as strong cash flow productivity. The company is investing in its brands and products as well as redesigning the supply chain to improve productivity and organic growth. However, slowing market growth, weak volumes and organic sales have been hurting sales. Soft consumer-spending environment in developed markets and uncertainties in emerging countries also add to the worries. That said, P&G is speeding up innovations and investments to counter softening industry growth. Its productivity improvements and cost-saving efforts are also consistently helping to boost profit level. (You can read the full research report on Procter & Gamble here >>> ). Strong Buy-rated NVIDIA 's shares have surged over the last year, gaining in excess of +78.5% versus the Zacks General Semiconductor industry's +43.9% gain, thanks to the company's positive record of earnings surprises in the recent quarters. NVIDIA's sustained efforts toward attaining robust position in several emerging industries such as Artificial Intelligence (AI), deep learning and driverless cars industry, makes the Zacks analyst optimistic about its growth prospects. NVIDIA's innovative product pipeline and strength in gaming and high-end notebook GPUs remain positives. The company's focus on GRID platforms can increase GPU adoption in data centers, giving it an advantage against its competitors. (You can read the full research report on NVIDIA here >>> ). Other noteworthy reports we are featuring today include Cigna (CI), Exelon (EXC) and McKesson (MCK). Looking for Stocks with Skyrocketing Upside? Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>> Mark Vickery Senior Editor Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trendsand Earnings Previewreports. If you want an email notification each time Sheraz publishes a new article, please click here>>> Today's Must Read International & Online Strength to Fuel Walmart (WMT) Sales Procter & Gamble (PG) to Gain from $10B Cost-Saving Plan NVIDIA (NVDA) to Gain From Multiple AI Project Partnerships Featured Reports Exelon (EXC) to Gain from Cost Savings and Investments The Zacks analyst believes Exelon will gain from its continuous investment to strengthen its regulated assets, while its cost savings initiatives will boost its margins. Increasing Membership Buoys Teladoc (TDOC), High Cost Ails Per the Zacks analyst, Teladoc is witnessing steady business growth with increasing membership due to rapidly growing demand for telehealth services, but high operating expenses are hurting margins Growing Healthcare and Packaging Business Drives Jabil (JBL) Per the Zacks analyst, growing demand for affordable healthcare and dependable consumer packaging is driving Jabil's top line. However, increasing competition begets caution. Distribution Segment Aids McKesson (MCK) Amid Pricing Issues The Zacks analyst is bullish on McKesson's solid performance at the Distribution Solutions segment. Solid Steel Demand, Core Operations to Benefit POSCO (PKX) Per the Zacks analyst, POSCO will gain from rising steel demand in home country and globally. Actuant (ATU) to Grow on Restructuring, Energy Business Ails The Zacks analyst thinks that portfolio reshaping moves like Viking business spin-off or Mirage buy will boost Actuant's competency. Bed Bath & Beyond's (BBBY) Transformation Plan to Boost Sales Per the Zacks analyst, Bed Bath & Beyond's transformation plan is focused on improving assortments, services and customer experience. New Upgrades Increasing Membership, Strong Balance Sheet Aids Cigna (CI) Per the Zacks analyst, membership growth at the company over past several quarters has aided top line growth. Also its strong balance sheet aids investments for growth. ONEOK (OKE) Gains from Fee-Based Contracts & Expansion The Zacks analyst believes ONEOK continues to gain from increasing fee based contracts and expansion of its existing capacity in the prolific oil and gas regions. BlackBerry (BB) Buoyed by Robust Software Sales The Zacks analyst is impressed by its decision to focus exclusively on software business. Strong software sales is aiding the company hugely. Growth of its cybersecurity business is another positive. New Downgrades Adverse Weather, Stringent Regulations Hit OGE Energy (OGE) Per the Zacks analyst, adverse weather conditions like Hurricanes damage OGE Energy's smooth flow of operations. Also stringent regulations may push up the company's operational costs. Soft Sales in Men's & Women's Segments Hurts Iconix (ICON) Per the Zacks analyst, downsizing of the Starter brand has lowered Iconix's men's segment performance. Further, the company's top-line struggles with weak brands in the women's business portfolio. Rising Material and Labor Costs Hurt D.R. Horton (DHI) Rising labor and materials costs (particularly lumber and concrete) are denting D.R. Horton's margins, which decreased 20 basis points in fiscal 2017. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Wal-Mart Stores, Inc. (WMT): Free Stock Analysis Report Procter & Gamble Company (The) (PG): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report McKesson Corporation (MCK): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Cigna Corporation (CI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2017-12-26,23.6375,23.703,23.4314,23.4481,"[""Xcel Energy Inc. (XEL) Ex-Dividend Date Scheduled for December 27, 2017 Xcel Energy Inc. ( XEL ) will begin trading ex-dividend on December 27, 2017. A cash dividend payment of $0.36 per share is scheduled to be paid on January 20, 2018. Shareholders who purchased XEL prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that XEL has paid the same dividend. At the current stock price of $48.25, the dividend yield is 2.98%. The previous trading day's last sale of XEL was $48.25, representing a -7.6% decrease from the 52 week high of $52.22 and a 20.5% increase over the 52 week low of $40.04. XEL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). XEL's current earnings per share, an indicator of a company's profitability, is $2.34. Zacks Investment Research reports XEL's forecasted earnings growth in 2017 as 4.36%, compared to an industry average of 2.1%. For more information on the declaration, record and payment dates, visit the XEL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to XEL through an Exchange Traded Fund [ETF]? The following ETF(s) have XEL as a top-10 holding: First Trust North American Energy Infrastructure Fund ( EMLP ) iShares Trust ( UTLF ) John Hancock Multifactor Utilities ETF ( JHMU ) PowerShares DWA Utilities Momentum Portfolio ( PUI ) PowerShares Russell Midcap Pure Value Portfolio ( PXMV ). The top-performing ETF of this group is JHMU with an increase of 2.25% over the last 100 days. EMLP has the highest percent weighting of XEL at 9999.99%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Shares of EXC Now Oversold In trading on Tuesday, shares of Exelon Corp (Symbol: EXC) entered into oversold territory, changing hands as low as $38.80 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Exelon Corp, the RSI reading has hit 29.3 - by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 52.5, the RSI of WTI Crude Oil is at 66.3, the RSI of Henry Hub Natural Gas is presently 35.9, and the 3-2-1 Crack Spread RSI is 52.7. A bullish investor could look at EXC's 29.3 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), EXC's low point in its 52 week range is $33.30 per share, with $42.67 as the 52 week high point - that compares with a last trade of $38.80. Exelon Corp shares are currently trading down about 0.5% on the day. According to the ETF Finder at ETF Channel, EXC makes up 7.48% of the iShares Edge MSCI Multifactor Utilities ETF (Symbol: UTLF) which is trading up by about 0.2% on the day Tuesday. Click here to find out which 9 other oversold energy stocks you need to know about \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2017-12-27,23.5466,23.576,23.4245,23.5574,
EXC,2017-12-28,23.5213,23.7597,23.5213,23.745,
EXC,2017-12-29,23.8301,23.8661,23.7157,23.8358,"Noteworthy ETF Inflows: XLU, D, SO, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $179.0 million dollar inflow -- that's a 2.4% increase week over week in outstanding units (from 139,174,160 to 142,574,160). Among the largest underlying components of XLU, in trading today Dominion Energy Inc (Symbol: D) is trading flat, Southern Company (Symbol: SO) is down about 0.3%, and Exelon Corp (Symbol: EXC) is relatively unchanged. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $47.85 per share, with $57.23 as the 52 week high point - that compares with a last trade of $52.63. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-01-02,23.8896,23.9805,23.7226,23.9199,
EXC,2018-01-03,23.788,24.0967,23.4245,23.6005,
EXC,2018-01-04,23.5466,23.6474,23.2556,23.2683,
EXC,2018-01-05,23.3952,23.4618,22.9975,23.0719,
EXC,2018-01-08,23.1296,23.4852,23.0982,23.322,"[""XLU, D, SO, EXC: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $266.9 million dollar outflow -- that's a 3.6% decrease week over week (from 142,574,160 to 137,374,160). Among the largest underlying components of XLU, in trading today Dominion Energy Inc (Symbol: D) is up about 1.2%, Southern Company (Symbol: SO) is up about 0.1%, and Exelon Corp (Symbol: EXC) is higher by about 0.7%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $47.85 per share, with $57.23 as the 52 week high point - that compares with a last trade of $51.54. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Should Value Investors Pick Exelon Corporation (EXC) Stock? Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn't want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. Let's put Exelon CorporationEXC stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This shows us how much investors are willing to pay for each dollar of earnings in a given stock, and is easily one of the most popular financial ratios in the world. The best use of the PE ratio is to compare the stock's current PE ratio with: a) where this ratio has been in the past; b) how it compares to the average for the industry/sector; and c) how it compares to the market as a whole. On this front, Exelon Corporation has a trailing twelve months PE ratio of 15.4, as you can see in the chart below: This level actually compares pretty favorably with the market at large, as the PE for the S&P 500 compares in at about 21.9. If we focus on the stock's long-term PE trend, the current level puts Exelon's current PE ratio tad above its midpoint over the past five years, with the number having trended upwards, over the past few months. We should also point out that Exelon has a forward PE ratio (price relative to this year's earnings) of just 13.4, so it is fair to say that a slightly more value-oriented path may be ahead for the stock in the near term too. P/S Ratio Another key metric to note is the Price/Sales ratio. This approach compares a given stock's price to its total sales, where a lower reading is generally considered better. Some people like this metric more than other value-focused ones because it looks at sales, something that is far harder to manipulate with accounting tricks than earnings. Right now, Exelon has a P/S ratio of about 1.1, which is lower than its industry's average of 7.5 right now. If anything, this suggests some level of undervalued trading-at least compared to historical norms. Broad Value Outlook In aggregate, Exelon currently has a Zacks Value Style Score of A, putting it into the top 20% of all stocks we cover from this look. This makes Exelon a solid choice for value investors, and some of its other key metrics make this pretty clear too. For example, the P/CF ratio of Exelon (another great indicator of value) comes in at 4.2, which is lower than the industry average of 8.6. Clearly, EXC is a solid choice on the value front from multiple angles. What About the Stock Overall? Though Exelon might be a good choice for value investors, there are plenty of other factors to consider before investing in this name. In particular, it is worth noting that the company has a Growth grade of C and a Momentum score of C. This gives EXC a Zacks VGM score-or its overarching fundamental grade-of B. (You can read more about the Zacks Style Scores here >> ) Meanwhile, the company's recent earnings estimates have been discouraging. The current quarter has seen no estimate go higher in the past sixty days compared to two lower, while the full year estimate has seen no upward and three downward revisions in the same time period. As a result, the current quarter consensus estimate has dropped 3.2% in the past two months, while the full year estimate has decreased 0.4%. You can see the consensus estimate trend and recent price action for the stock in the chart below: Exelon Corporation Price and Consensus Exelon Corporation Price and Consensus | Exelon Corporation Quote This somewhat dismal trend is why the stock has just a Zacks Rank #3 (Hold) and why we are looking for in-line performance from the company in the near term. Bottom Line Exelon is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front. However, with a sluggish industry rank (among bottom 27%) and a Zacks Rank #3, it is hard to get too excited about this company overall. In fact, over the past two years, its industry has underperformed the broader market, as you can see below: So, value investors might want to wait for estimates, analyst sentiment and broader factors to turn around in this name first, but once that happens, this stock could be a compelling pick. 5 Medical Stocks to Buy Now Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions. New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits. Click here to see the 5 stocks >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-01-09,23.2917,23.364,22.8031,23.0582,
EXC,2018-01-10,22.9721,23.1617,22.8501,22.9292,
EXC,2018-01-11,23.0923,23.4079,22.9898,23.2067,
EXC,2018-01-12,23.1578,23.3151,22.9654,23.195,
EXC,2018-01-16,23.2428,23.4548,23.0191,23.2428,
EXC,2018-01-17,23.3151,23.6844,23.2917,23.618,
EXC,2018-01-18,23.5643,23.6122,23.0622,23.3151,
EXC,2018-01-19,23.4128,23.4411,22.8989,22.9419,"Friday Sector Laggards: Energy, Utilities In afternoon trading on Friday, Energy stocks are the worst performing sector, showing a 0.4% loss. Within the sector, Range Resources Corp (Symbol: RRC) and Hess Corp (Symbol: HES) are two large stocks that are lagging, showing a loss of 3.7% and 2.4%, respectively. Among energy ETFs , one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is down 0.4% on the day, and up 5.45% year-to-date. Range Resources Corp, meanwhile, is down 7.06% year-to-date, and Hess Corp is up 10.72% year-to-date. Combined, RRC and HES make up approximately 1.4% of the underlying holdings of XLE. The next worst performing sector is the Utilities sector, showing a 0.1% loss. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and Southern Company (Symbol: SO) are the most notable, showing a loss of 1.1% and 0.8%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF ( XLU ), which is down 0.2% in midday trading, and down 5.01% on a year-to-date basis. Exelon Corp, meanwhile, is down 3.20% year-to-date, and Southern Company , is down 7.40% year-to-date. Combined, EXC and SO make up approximately 12.7% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, seven sectors are up on the day, while two sectors are down. 10 ETFs With Stocks That Insiders Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-01-22,23.0923,23.3395,22.9145,22.9898,"IDU, EXC, AEP, SRE: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $151.5 million dollar outflow -- that's a 19.2% decrease week over week (from 6,250,000 to 5,050,000). Among the largest underlying components of IDU, in trading today Exelon Corp (Symbol: EXC) is up about 1.7%, American Electric Power Company, Inc. (Symbol: AEP) is up about 1.4%, and Sempra Energy (Symbol: SRE) is higher by about 0.5%. For a complete list of holdings, visit the IDU Holdings page » The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $120.76 per share, with $142.50 as the 52 week high point - that compares with a last trade of $127.50. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-01-23,23.2135,23.5272,23.152,23.28,
EXC,2018-01-24,23.2428,23.2741,23.0328,23.0855,
EXC,2018-01-25,23.1647,23.4245,23.1139,23.3698,"[""American Electric (AEP) Tops Q4 Earnings Estimates, Keeps View American Electric Power Co., Inc . AEP reported fourth-quarter 2017 operating earnings per share (EPS) of 85 cents, exceeding the Zacks Consensus Estimate of 81 cents by 4.9%. The bottom line also improved 4.9% from 67 cents per share reported a year ago. For 2017, American Electric Power's earnings were $3.68 per share, down from $3.94 from the year-ago period. Total Revenues American Electric's fourth-quarter revenues of $3.8 billion were in line with the top line figure in the year-ago quarter. The reported figure surpassed the Zacks Consensus Estimate of $3.5 billion by 8.8%. In 2017, total revenues decreased 6.5% year over year from $16.4 billion to $15.4 billion. Quarterly Highlights Operating expenses in the reported quarter were $1,713.7 million compared with $1,851.7 million a year ago. Operating income in the quarter was $420.1 million, up 27.1% from $330.4 million a year ago. Segmental Performance Vertically Integrated Utility Operations: Operating earnings in the quarter rose to $179.4 million from $150.6 million a year ago. Transmission & Distribution Utilities: Operating earnings were $123.9 million in the quarter, up from $81.5 million a year ago. AEP Transmission Holdco: This segment generated an operating income of $78.5 million, up from $58.8 million recorded in the fourth quarter of 2016. Generation and Marketing: Operating earnings were $24.5 million, down from $47.8 million in the year-ago quarter. Corporate & Other: Operating earnings were $13.8 million, compared to operating loss of $8.3 million. American Electric Power Company, Inc. Price, Consensus and EPS Surprise American Electric Power Company, Inc. Price, Consensus and EPS Surprise | American Electric Power Company, Inc. Quote Financial Update As of Dec 31, 2017, American Electric had $412.6 million in cash and cash equivalents compared with $399.7 million as of Dec 31, 2016. Long-term debt was $19.03 billion as of Dec 31, 2017, compared with $17.38 billion as of Dec 31, 2016. Cash flow from operations was $4,284 million at the end of 2017 compared with $4,521.8 million at the end of 2016. Guidance American Electric has reaffirmed its 2018 operating earnings guidance in the range of $3.75-$3.95. Upcoming Peer Releases CenterPoint Energy, Inc. CNP is scheduled to report fourth-quarter 2017 results on Feb 22. The company carries a Zacks Rank #2. Exelon Corporation EXC is scheduled to report fourth-quarter 2017 results on Feb 7. The company carries a Zacks Rank #2. Edison International EIX is scheduled to report fourth-quarter 2017 results on Feb 20. The company carries a Zacks Rank #3. Zacks Rank American Electric carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Edison International (EIX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""What's in the Cards for Dominion Energy (D) in Q4 Earnings? Dominion EnergyD will beat earnings estimates when it reports fourth-quarter 2017 results on Jan 29. In the third quarter, the utility company reported a positive earnings surprise of 0.97%. Why Likely a Positive Surprise A stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. Our model conclusively shows that Dominion Energy is likely to beat earnings this quarter as it possesses both the components. Zacks ESP : The company's Earnings ESP is +0.19%. This is because the Most Accurate estimate is at 89 cents, while the Zacks Consensus Estimate is pegged at 88 cents. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Dominion Energy Inc. Price and EPS Surprise Dominion Energy Inc. Price and EPS Surprise | Dominion Energy Inc. Quote Zacks Rank : Dominion Energy's Zacks Rank #3, when combined with a positive Earnings ESP, increases the possibility of a beat . You can see the complete list of today's Zacks #1 Rank stocks here . We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Factors to Consider Dominion Energy expects earnings in the fourth quarter between 80 cents and $1 per share compared with 99 cents in the year-ago quarter. More than 90% of the company's earnings come from regulated operations. The company is likely to benefit from the agreement with Home Serve USA. Improvement in economic condition in Virginia is also a contributor. Dominion Energy's expansion of electric transmission and continuous investments toward maintenance are positive factors. However, earnings are expected to be affected by lower import revenues Cove Point import contract, planned refueling outage at Millstone Power Station, solar projects having lower investment tax credits and higher PJM electric capacity expenses. Other Stocks to Consider Apart from Dominion Energy, here are some companies from the industry that you may want to consider instead, as our model shows that these have the right combination of elements to post an earnings beat this quarter. Exelon EXC has an Earnings ESP of +1.40% and a Zacks Rank #2. The company is expected to release fourth-quarter 2017 results on Feb 7. NiSource NI has an Earnings ESP of +2.48% and a Zacks Rank #3. The company is expected to release fourth-quarter 2017 results on Feb 28. PPL Corp PPL has an Earnings ESP of +0.35% and a Zacks Rank #3. The company is expected to release fourth-quarter 2017 results on Feb 15. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NiSource, Inc (NI): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report PPL Corporation (PPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ALLETE (ALE) Ups Dividend by 4.7%, Revises Earnings Outlook ALLETE Inc.ALE announced that its board of directors has approved a 4.7% increase in its quarterly dividend to 56 cents from 53.5 cents paid in the previous quarter. The new dividend will be distributed on Mar 1, 2018 to shareholders of record at the close of business on Feb 15. The new annualized dividend of $2.24 per share reflects a dividend yield of 3.09%, which is better than the S&P 500's yield of 1.63%. The company aims to maintain a dividend payout ratio in the range of 60% to 65%. Revision in Earnings Outlook The company also raised its long-term earnings growth forecast from minimum of 5% to a range between 5% and 7%. The performance of this utility is driven by organic growth as well as by addition of customers and expansion of operation in new geographies. In addition, strategic acquisitions with the price range of $10 million to $50 million are also helping the company to expand operation and expand its revenue base. As nearly 85% to 90% of ALLETE's income is generated from regulated operation, the company is going to gain from new rates expected to be applicable during third quarter of 2018. In addition, the company expects contribution from its non-regulated businesses to increase after 2018. What Lies Ahead? ALLETE's earnings growth potential, improving cash flow from operations and solid balance sheet support its consistent performance and regular dividend payment. The company has been paying dividends for 68 consecutive years and is expected to continue doing so in the coming years. ALLETE generates a substantial amount of its earnings from large industrial customers under long-term agreement, which provide stability to its performance. Price Movement ALLETE's stock has returned 15.1% last year, outperforming the 2.8% gain of the industry . Zacks Rank & Key Picks ALLETE has a Zacks Rank #3 (Hold). Some better-ranked stocks from the industry are CenterPoint Energy Inc. CNP , Exelon Corporation EXC and Fortis Inc. FTS . All the stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . CenterPoint Energy delivered an average positive earnings surprise of 6.42% in the last four quarters. Its 2018 Zacks Consensus Estimate moved up 4.3% to $1.47 in the last 30 days. Exelon pulled off an average positive earnings surprise of 1.76% in the last four quarters. Its 2018 Zacks Consensus Estimate moved up 2.1% to $2.91 in the last 30 days. Fortis came up with an average positive earnings surprise of 10.65% in the last four quarters. Its 2018 Zacks Consensus Estimate moved up 0.5% to $2.05 in the last 30 days. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Allete, Inc. (ALE): Free Stock Analysis Report Fortis Inc. (FTS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-01-26,23.4745,23.5339,23.2252,23.4802,"What's in the Cards for WEC Energy (WEC) in Q4 Earnings? WEC Energy GroupWEC is slated to report fourth-quarter 2017 results before the market opens on Jan 31. In the third quarter, the company reported a positive earnings surprise of 1.49%. Let's see how things are shaping up for this earnings season. Factors to Consider WEC Energy expects its earnings in 2017 to be in the range of $3.06-$3.12 per share. The company is expected to benefit from its cost-control initiatives and efficient use of resources. More than 99% of its earnings come from regulated operations, which provide excellent visibility on its future performance. Economic growth in its service territories and systematic investment in regulated operation are expected to boost the bottom line. WEC Energy continues to add customers, which is expected to have a positive impact on demand and earnings. Earnings Whispers Our proven model does not conclusively show that WEC Energy is likely to beat earnings this quarter as it does not possess the key components. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. However, that is not the case here as you will see below. Zacks ESP : The company's Earnings ESP is -0.50%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Zacks Rank : WEC Energy's Zacks Rank #3, when combined with a negative Earnings ESP makes a beat unlikely this quarter. Note that we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated) going into the earnings announcement, especially when the company is seeing a negative estimate revisions momentum. WEC Energy Group, Inc. Price and EPS Surprise WEC Energy Group, Inc. Price and EPS Surprise | WEC Energy Group, Inc. Quote Stocks to Consider Here are some companies from the industry that you may want to consider instead, as our model shows that these have the right combination of elements to post an earnings beat this quarter. Exelon Corporation EXC is expected to release fourth-quarter 2017 results on Feb 7. The company has an Earnings ESP of +1.32% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here. CenterPoint Energy Inc. CNP has an Earnings ESP of +3.75% and a Zacks Rank #2. The company is expected to release fourth-quarter 2017 results on Feb 22. Westar Energy Inc. WR has an Earnings ESP of +5.88% and a Zacks Rank #2. The company is expected to release fourth-quarter 2017 results on Feb 28. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WEC Energy Group, Inc. (WEC): Free Stock Analysis Report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Westar Energy, Inc. (WR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-01-29,23.3884,23.3884,23.0582,23.1578,"Alliant Energy Corporation (LNT) Ex-Dividend Date Scheduled for January 30, 2018 Alliant Energy Corporation ( LNT ) will begin trading ex-dividend on January 30, 2018. A cash dividend payment of $0.335 per share is scheduled to be paid on February 15, 2018. Shareholders who purchased LNT prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.35% increase over prior dividend payment. The previous trading day's last sale of LNT was $40.3, representing a -11.53% decrease from the 52 week high of $45.55 and a 10.23% increase over the 52 week low of $36.56. LNT is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). LNT's current earnings per share, an indicator of a company's profitability, is $1.86. Zacks Investment Research reports LNT's forecasted earnings growth in 2017 as 3.72%, compared to an industry average of 2.3%. For more information on the declaration, record and payment dates, visit the LNT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to LNT through an Exchange Traded Fund [ETF]? The following ETF(s) have LNT as a top-10 holding: SPDR Select Sector Fund - Utilities ( XLU ) iShares Core High Dividend ETF ( HDV ) Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ). The top-performing ETF of this group is HDV with an increase of 11.66% over the last 100 days. XLU has the highest percent weighting of LNT at 1.44%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-01-30,23.1578,23.3347,23.0142,23.1353,"Daily Dividend Report: EXC, PAG, IBM, MCD, HPQ Exelon declared a regular quarterly dividend of $0.345 per share, a 5 percent increase from the previous amount of $0.3275. The dividend is payable on March 9, 2018, to shareholders of record of Exelon as of 5 p.m. New York time on Feb. 15, 2018. Penske Automotive Group ( PAG ) has approved an increase in the cash dividend to $0.34 per share for the fourth quarter of 2017. The dividend is payable on March 1, 2018, to shareholders of record on February 12, 2018. The IBM ( IBM ) board of directors declared a regular quarterly cash dividend of $1.50 per common share, payable March 10, 2018 to stockholders of record February 9, 2018. McDonald's declared a quarterly cash dividend of $1.01 per share of common stock payable on March 15, 2018 to shareholders of record at the close of business on March 1, 2018. HP has declared a cash dividend of $0.1393 per share on the company's common stock. The dividend, the second in HP's fiscal year 2018, is payable on April 4, 2018, to stockholders of record as of the close of business on March 14, 2018. VIDEO: Daily Dividend Report: EXC, PAG, IBM, MCD, HPQ The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-01-31,23.1413,23.3151,23.0191,23.2683,"What's in Store for Xcel Energy (XEL) This Earnings Season? Xcel Energy Inc.XEL is slated to report fourth-quarter 2017 results before the market opens on Feb 7. In the third quarter, the company reported a positive earnings surprise of 5.43%. Let's see how things are shaping up for this earnings season. Factors to Consider Xcel Energy continues to invest in its utility assets to provide reliable services to its customers and effectively meet rising electricity demand. Its aim to produce more electricity from renewable sources will also yield positive results. The company continues to focus on controlling its Operating and Maintenance (O&M) expenses. In the first nine months of 2017, operating expenses were $58 million lower than the year-ago period. However, the company expects most of the year-to-date savings to reverse in the fourth quarter, resulting in flat O&M expenses in 2017. For the fourth quarter, the Zacks Consensus Estimate for Xcel Energy's revenues is pegged at $2,940 million, indicating 2.6% sequential decline. The Zacks Consensus Estimate for earnings is 43 cents, reflecting year-over-year decline of 4.4%. Xcel Energy Inc. Price and EPS Surprise Xcel Energy Inc. Price and EPS Surprise | Xcel Energy Inc. Quote Earnings Whispers Our proven model does not conclusively show that Xcel Energy is likely to beat earnings this quarter as it does not possess the key components. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. However, that is not the case here as you will see below. Zacks ESP : The company's Earnings ESP is -1.43%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank : Xcel Energy's Zacks Rank #3, when combined with a negative Earnings ESP makes a beat unlikely this quarter. Note that we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated) going into the earnings announcement, especially when the company is seeing a negative estimate revisions momentum. Stocks to Consider Here are some companies in the industry that you may want to consider instead, as our model shows that these have the right combination of elements to post an earnings beat this quarter. Exelon Corporation EXC is expected to release fourth-quarter 2017 results on Feb 7. The company has an Earnings ESP of +0.88% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here. NiSource Inc. NI has an Earnings ESP of +1.45% and a Zacks Rank #3. The company is expected to release fourth-quarter 2017 results on Feb 28. CenterPoint Energy Inc. CNP has an Earnings ESP of +3.75% and a Zacks Rank #2. The company is expected to release fourth-quarter 2017 results on Feb 22. The Hottest Tech Mega-Trend of All Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early. See Zacks' 3 Best Stocks to Play This Trend >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Xcel Energy Inc. (XEL): Free Stock Analysis Report NiSource, Inc (NI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-02-01,23.28,23.3884,22.8168,22.8618,"[""Will Rate Hikes Help Exelon (EXC) to Beat Earnings in Q4? We expect Exelon CorporationEXC to pull off a positive earnings surprise when it reports fourth-quarter 2017 earnings on Feb 7. The utility reported a negative earnings surprise of 1.16% in the previous quarter. Why a Likely Positive Surprise? Our proven model shows that Exelon is likely to beat estimates because it has the right combination of two key ingredients. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to be able to beat estimates and the company has the right mix. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks ESP: The Earnings ESP is +0.88%. Zacks Rank: Exelon carries a Zacks Rank #3. The combination a favorable Zacks Rank and positive ESP makes us reasonably confident of a positive surprise this season. Conversely, we caution against Sell-rated stocks (#4 or 5) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Exelon Corporation Price and EPS Surprise Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote Factors to Consider We believe that the rate hikes at Atlanta City Electric effective September 2017 along with increases in Pepco Maryland and Commonwealth Edison Company since the fourth quarter will have a positive impact on Exelon's performance. As Exelon's free cash flow generation capacity is helping it lower long-term debt, we expect its outstanding debts to drop further in 2017. The company is also using free cash flow to increase quarterly dividend rate and increase value of its shareholders. Also, Exelon is expected to benefit from its cost management initiatives. Other Stocks to Consider Exelon is not the only stock in the Zacks Utility Power industry that is expected to report a positive earnings surprise. Investors can also consider the following stocks from the same space this season. NiSource Inc. NI is expected to report fourth-quarter earnings on Feb 28. The company has a Zacks Rank #3 and an Earnings ESP of +1.45%. You can see the complete list of today's Zacks #1 Rank stocks here . Dynegy Inc. DYN is expected to report fourth-quarter earnings on Feb 22. The company has a Zacks Rank #3 and an Earnings ESP of +22.35%. CenterPoint Energy Inc. CNP is expected to report fourth-quarter earnings on Feb 22. The company has a Zacks Rank #3 and an Earnings ESP of +3.75%. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Dynegy Inc. (DYN): Free Stock Analysis Report NiSource, Inc (NI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Shares Cross Below 200 DMA In trading on Thursday, shares of Exelon Corp (Symbol: EXC) crossed below their 200 day moving average of $37.98, changing hands as low as $37.86 per share. Exelon Corp shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $33.30 per share, with $42.67 as the 52 week high point - that compares with a last trade of $37.88. According to the ETF Finder at ETF Channel, EXC makes up 7.51% of the iShares Edge MSCI Multifactor Utilities ETF (Symbol: UTLF) which is trading higher by about 1.5% on the day Thursday. Click here to find out which 9 other energy stocks recently crossed below their 200 day moving average \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-02-02,22.8091,23.0512,22.7416,22.7904,"[""Friday Sector Leaders: Utilities, Healthcare In afternoon trading on Friday, Utilities stocks are the best performing sector, losing just 0.5%. Within the sector, SCANA Corp (Symbol: SCG) and Exelon Corp (Symbol: EXC) are two large stocks leading the way, showing a gain of 1.2% and 0.3%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.4% on the day, and down 4.99% year-to-date. SCANA Corp, meanwhile, is down 0.63% year-to-date, and Exelon Corp, is down 3.65% year-to-date. Combined, SCG and EXC make up approximately 6.4% of the underlying holdings of XLU. The next best performing sector is the Healthcare sector, losing just 1.0%. Among large Healthcare stocks, Edwards Lifesciences Corp (Symbol: EW) and Align Technology Inc (Symbol: ALGN) are the most notable, showing a gain of 5.3% and 2.1%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF ( XLV ), which is down 0.7% in midday trading, and up 5.84% on a year-to-date basis. Edwards Lifesciences Corp, meanwhile, is up 18.67% year-to-date, and Align Technology Inc is up 17.46% year-to-date. Combined, EW and ALGN make up approximately 1.4% of the underlying holdings of XLV. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, none of the sectors are up on the day, while nine sectors are down. 25 Dividend Giants Widely Held By ETFs \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""4 Utility Stocks Likely to Surpass Q4 Earnings Estimates In the fourth quarter of 2017, U.S. GDP growth fell to 2.6% from the 3.2% growth that was achieved in the third quarter. Also, the unemployment rate remained static at 4.1%, the lowest in the last decade. The low unemployment level resulted in increased spending power and a rise in imports, which is partly responsible for the lower GDP growth. The trend of growing stock indexes continued in the fourth quarter, but the utility sector failed to see similar growth levels; the S&P 500 gained 23.7% over the past year while the utility sector only rose by 4.5%. Growth in the utility sector is presently lower than the GDP growth rate. Per the U.S. Energy Information Administration, reasons behind this trend include slowing population growth, market saturation of major electricity-using appliances, improving efficiency of equipment and a shift in the economy toward a less energy intensive industry. The harsh winter weather that started during the Christmas Eve last year should show a positive impact on performance of the utilities. Utility companies need large amounts of capital to set up generation facilities, transmission and distribution infrastructure to perform during harsh climatic conditions and to combat hurricanes that affect their service territories. Upgrading and maintaining the existing infrastructure of natural gas and water service providers also involve a huge capital investment. These capital-intensive utilities therefore routinely take recourse to capital markets to meet the requirements as internally generated funds are not sufficient. The Fed's interest rate hikes in four of the last five quarters will certainly hurt utilities. Having said that, investing in utilities is a safe bet due to the regulated nature of their business that gives their revenues a high level of certainty. Moreover, domestic orientation shields them from foreign currency translation headwinds. Utilities are also a preferred choice for income oriented investors as these increase shareholder value with regular dividend payments and share buybacks. How Utility Sector is Poised The Zacks Utility sector is currently placed at the bottom of the 16 Zacks sectors . According to the latest Earnings Trends report, the sector is expected to record top and bottom-line growth of 1.3% and 5.5%, respectively, compared with of 7.6% and 11.9% for the S&P 500 in the fourth quarter. Selecting the Right Utilities for the Season The entire utility sector includes companies from electric power, natural gas, water, wireline and electric construction industries. So it could become a daunting task for investors to select the right stocks from so many options. But our proprietary methodology makes it fairly simple. One can narrow down the list with the combination of a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) and a positive Earnings ESP , which is the percentage difference between the Most Accurate estimate and the Zacks Consensus Estimate. This method helps in selecting stocks that have high chances of delivering earnings surprises in their upcoming earnings announcements. Our research shows that for stocks with this combination, the chance of a positive earnings surprise is as high as 70%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Also, the stocks mentioned below have a current ratio greater than one, which means that these stocks have ample liquidity to meet its short-term obligation even with rising rates. Our Selection Applying the above strategy, we have selected four utility stocks that have a greater possibility of posting an earnings beat in their upcoming releases. Exelon Corporation ( EXC ) has presence in every stage of the energy business - power generation, competitive energy sales, and transmission and delivery. The company serves nearly 10 million customers in its service territories. Exelon is scheduled to release its fourth- quarter earnings on Feb 7. The company has a Zacks Rank #2 and Earnings ESP of +0.88%. It has a current ratio of 1.03. You can see the complete list of today's Zacks #1 Rank stocks here . It delivered an average positive earnings surprise of 1.76% in the last four quarters and has a long-term (three-five years) earnings growth rate of 4.33%. ONE Gas, Inc. ( OGS ) is a regulated natural gas distribution utility company in the United States. The company along with its subsidiaries distributes natural gas to nearly 2 million customers. ONE Gas is scheduled to release its fourth-quarter earnings on Feb 21. The company has a Zacks Rank #3 and Earnings ESP of +0.30%. It has a current ratio of 1.14. It delivered an average positive earnings surprise of 7.47% in the last four quarters and has a long-term (three-five years) earnings growth rate of 5.80%. Clean Energy Fuels Corp. ( CLNE ) provides natural gas as an alternative fuel for vehicle fleets in the United States and Canada. It is scheduled to release its fourth-quarter earnings on Mar 6. The company has a Zacks Rank #3 and Earnings ESP of +14.29%. It has a current ratio of 3.52. It pulled off an average positive earnings surprise of 26.98% in the last four quarters and has a long-term (three-five years) earnings growth rate of 15.0%. Westar Energy Inc. ( WR ) generates, transmits, and distributes electricity in Kansas. The company is scheduled to release its fourth-quarter earnings on Feb 28. The company has a Zacks Rank #3 and Earnings ESP of +4.24%. It has a current ratio of 1.07. It has a long-term (three-five years) earnings growth rate of 3.39%. Breaking News: Cryptocurrencies Now Bigger than Visa The total market cap of all cryptos recently surpassed $700 billion - more than a 3,800% increase in the previous 12 months. They're now bigger than Morgan Stanley, Goldman Sachs and even Visa! The new asset class may expand even more rapidly in 2018 as new investors continue pouring in and Wall Street becomes increasingly involved. Zacks' has just named 4 companies that enable investors to take advantage of the explosive growth of cryptocurrencies via the stock market. Click here to access these stocks. >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Westar Energy, Inc. (WR): Free Stock Analysis Report Clean Energy Fuels Corp. (CLNE): Free Stock Analysis Report ONE Gas, Inc. (OGS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-02-05,22.7904,23.0005,22.255,22.3067,"[""These 3 Stocks Just Raised Their Dividends In terms of dividend raises, February has gotten off to a fine start. As the final days of January gave way to the new month, a fresh set of companies declared lifts. Among these were ConocoPhillips (NYSE: COP) , Exelon Corporation (NYSE: EXC) , and Juniper Networks (NYSE: JNPR) . Without further ado, let's get into it. ConocoPhillips Oil and gas major ConocoPhillips is bumping its quarterly dividend nearly 8% higher, to just under $0.29 per share. It's also expanding its existing stock buyback program by $500 million to a total of $2 billion. The company finished its fiscal 2017 in style, with a dramatic improvement on the bottom line. Adjusted net profit flipped to $545 million, from a $318 million loss of Q4 2016. Production increased by 4% to over 1.2 million barrels of oil equivalent (BOE/D) per day. The improvements were helped greatly by the recovery of oil prices . Although they're still under the levels reached before the 2014 crash, they recently climbed to a three-year peak. WTI Crude Oil Spot Price data by YCharts Meanwhile, the company purchased a set of assets in Alaska from peer Anadarko Petroleum . Also so far this young year, it has already retired $2.25 billion in debt after repaying $7.6 billion in 2017. Total outstanding borrowings now stand at roughly $17.5 billion. Those are good moves, and although fortunes can change quickly in the energy business, ConocoPhillips' fundamentals are looking good just now. This new dividend feels safe to me, and hopefully it'll be supported by the oil price. The new ConocoPhillips dividend is to be paid on March 1 to investors of record as of Feb. 12. Its yield would be a shade under 2% on the current stock price, beating the current 1.8% average of dividend-paying stocks on the S&P 500. The payout ratio is 63%. Exelon Corporation In line with a new dividend policy, electricity, natural gas, and nuclear utility conglomerate Exelon is raising its quarterly payout by 5%, to just under $0.35 per share. Because of a mix of factors, Exelon has had a tough time matching strong revenue growth with improvements on the bottom line. We saw that in the company's Q3, in which it boosted its revenue by 4% (to $8.68 billion) but saw its adjusted net profit slip by 2% to $821 million. There's a chance that dynamic will change in the near future. In recent years, the company has spent handsomely on improving reliability. A pull-back in these efforts will save on capital expenditures, which rose by almost 50% from fiscal 2012 to 2016. Exelon anticipates that its spend in the crucial utilities segment will drop by almost 9% from 2017 to 2020. That rise in capex has driven free cash flow into the red; operating cash flow, on the other hand, has risen at healthy rates in recent years, including an 11% increase in fiscal 2016. So a meaningful reduction in spending should have a sharply positive effect on free cash flow. Considering that, I feel that the company's new dividend will be sustainable, at the least. EXC Free Cash Flow (TTM) data by YCharts Exelon's next dividend will be distributed on March 9 to stockholders of record as of Feb. 15. Its payout ratio is 41%, while its yield comes in at 3.7%. Juniper Networks Juniper Networks is about to pull the trigger on its first dividend increase. The networking equipment and services specialist has declared that its new quarterly payout will be $0.18 per share, an 80% improvement over the $0.10 it's paid since initiating the distribution in late 2014. On top of that, it has launched a $2 billion share buyback program, $750 million of which will be used in an accelerated repurchase initiative in the company's current quarter. Juniper Networks' stock has basically traveled sideways over the past year, not least because the company has posted declines in revenue and profitability lately. The current frame, Q1 of fiscal 2018, isn't expected to be anything to write home about, either, if we go by the company's disappointing guidance. Juniper Networks is trying, but not particularly succeeding , to pivot its business from networking hardware to cloud-based solutions. But the take from the latter is slipping. In Q4, cloud net revenue dropped precipitously, by almost 40% to $259 million. Although the company is still well in the black in terms of free cash flow, an 80% dividend raise is steep, as is a front-loaded share repurchase program. If I were an investor, I'd be concerned for this company's prospects, and for the future of its payout. JNPR Free Cash Flow (TTM) data by YCharts Juniper Networks is dispensing its upcoming dividend on March 22 to stockholders of record as of March 1. It yields a theoretical 2.7%, and its payout ratio is 34%. Mixed results To sum up, two out of the three raisers for this installment of our series are looking good and fundamentally solid, for the most part, while there are doubts about No. 3. Either way, it was an interesting and active week for income investors. Here's hoping we'll get more as we move through the year. 10 stocks we like better than Exelon When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Exelon wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of January 2, 2018 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top Ranked Income Stocks to Buy for February 5th Here are four stocks with buy rank and strong income characteristics for investors to consider today, February 5th: United Parcel Service, Inc. (UPS): This package delivery company has witnessed the Zacks Consensus Estimate for its current year earnings rising 12.1% over the last 60 days. United Parcel Service, Inc. Price and Consensus United Parcel Service, Inc. Price and Consensus | United Parcel Service, Inc. Quote This Zacks Rank #2 (Buy) company has a dividend yield of 2.85%, compared with the industry average of 0.00%. Its five-year average dividend yield is 2.84%. United Parcel Service, Inc. Dividend Yield (TTM) United Parcel Service, Inc. Dividend Yield (TTM) | United Parcel Service, Inc. Quote Exelon Corporation (EXC): This utility services holding company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.4% over the last 60 days. Exelon Corporation Price and Consensus Exelon Corporation Price and Consensus | Exelon Corporation Quote This Zacks Rank #2 (Buy) company has a dividend yield of 3.47%, compared with the industry average of 3.25%. Its five-year average dividend yield is 3.95%. Exelon Corporation Dividend Yield (TTM) Exelon Corporation Dividend Yield (TTM) | Exelon Corporation Quote BT Group plc (BT): This communications services provider has witnessed the Zacks Consensus Estimate for its current year earnings rising 7.7% over the last 60 days. BT Group PLC Price and Consensus BT Group PLC Price and Consensus | BT Group PLC Quote This Zacks Rank #2 (Buy) company has a dividend yield of 5.43%, compared with the industry average of 0.83%. Its five-year average dividend yield is 3.23%. BT Group PLC Dividend Yield (TTM) BT Group PLC Dividend Yield (TTM) | BT Group PLC Quote Lazard Ltd (LAZ): This asset management firm has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.6% over the last 60 days. Lazard Ltd. Price and Consensus Lazard Ltd. Price and Consensus | Lazard Ltd. Quote This Zacks Rank #2 (Buy) company has a dividend yield of 2.82%, compared with the industry average of 2.13%. Its five-year average dividend yield is 3.06%. Lazard Ltd. Dividend Yield (TTM) Lazard Ltd. Dividend Yield (TTM) | Lazard Ltd. Quote See the full list of top ranked stocks here . Find more top income stocks with some of our great premium screens . Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report United Parcel Service, Inc. (UPS): Free Stock Analysis Report Lazard Ltd. (LAZ): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report BT Group PLC (BT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-02-06,22.0596,22.2453,21.491,22.0352,"[""Brookfield Infrastructure (BIP) Q4 Earnings: What's in Store? Brookfield Infrastructure Partners L.P.BIP is set to report fourth-quarter 2017 results on Feb 9, before the market opens. In the last quarter, the company reported a negative earnings surprise of 1.22%. Let's see how things are holding up for the fourth quarter. Factors to Consider One of the objectives of this partnership is to earn attractive return on its rate base. In 2017, Brookfield Infrastructure expanded its rate base through the acquisition of regulated gas transmission business in Brazil, new connection in the U.K. regulated distribution business and addition of 11 projects in Chilean transmission system. We expect the benefits from these developments to get reflected in the company's upcoming quarterly results. Moreover, improving economic conditions led to higher traffic volumes and tariff increases, which in turn are likely to drive the partnership's performance in fourth-quarter 2017. Earnings Whispers Our proven model does not show that Brookfield Infrastructure is likely to beat estimates this quarter. That is because a stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is 0.00%. Zacks Rank: Brookfield Infrastructure has a Zacks Rank #3, which combined with 0.00% ESP makes earnings beat uncertain. We caution against stocks with a Zacks Rank #4 and 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Brookfield Infrastructure Partners LP Price and EPS Surprise Brookfield Infrastructure Partners LP Price and EPS Surprise | Brookfield Infrastructure Partners LP Quote Stocks to Consider Here are some companies from the industry that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this quarter. Exelon EXC is expected to release fourth-quarter 2017 results on Feb 7. The company has an Earnings ESP of +0.88% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here. Ni Source NI is expected to release fourth-quarter 2017 results on Feb 20. The company has an Earnings ESP of +1.45% and a Zacks Rank #3. Dynegy DYN is expected to release fourth-quarter 2017 results on Feb 22. The company has an Earnings ESP of +22.35% and a Zacks Rank #3. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Dynegy Inc. (DYN): Free Stock Analysis Report NiSource, Inc (NI): Free Stock Analysis Report Brookfield Infrastructure Partners LP (BIP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""EXC Vs. XEL: Which Stock is Poised for Better Q4 Earnings? The fourth-quarter earnings season has crossed the half way mark. So far, the results reflect a favorable trend, with an above-average proportion of companies beating top- and bottom-line expectations. Total earnings for the 251 S&P members that have released results as of Feb 2, improved 16% year over year on 10.5% higher revenues. The beat ratio for the bottom line was 80.5%, while that for the top line was 78.1%. Notably, we expect total Q4 earnings to rise 13% from the year-ago period on 7.7% higher revenues. At present, 14 out of the 16 sectors in the Zacks coverage universe are expected to witness an improvement in earnings. Amid this backdrop, let us focus on Zacks Utilities sector this earnings season. Earnings from the utility space are expected to improve 5.5% in the fourth quarter. Read more details in our weekly Earnings Preview . A Quick Glance at the Utility Sector Utility business is known for stability and visibility of earnings and cash flow, with the primary growth driver being consistent demand for electricity and utility services. The U.S. Energy Information Administration (\""EIA\"") predicted that annual average U.S. residential electricity price will increase 2.6% in 2018. Therefore, staying invested in fundamentally strong and domestic-focused utility stocks assure investors a steady performance and regular dividends. However, utility stocks remain subject to heavy regulation, both at the federal and state levels. Moreover, being capital intensive in nature, higher interest rate environments tend to deter growth of these stocks. Notably, in 2017 Federal Reserve increased interest rates thrice, in March, June and December. This is likely to have a negative impact on the sector. Nevertheless, to maintain their performance level, utilities are resorting to cost-savings initiatives, modernizing transmission and distribution lines, upgrading infrastructure and focusing on renewable energy to generate electricity with lower emission. Further, new electric rates and customer growth will help the sector to witness growth in earnings in the fourth quarter. Projections for the Zacks Utilities sector (one of the 16 Zacks sector), hint at an impressive quarter, when compared to its Q3 performance. The sector's earnings are likely to improve 5.5% on 1.3% higher revenues. In the third quarter, earnings for this sector declined 3.6% on 2.1% sales slump. EXC or XEL: Which One is Poised for Better Q4 Earnings? This is going to be another busy week with 482 companies expected to release earnings including 92 members of the S&P 500. Let's take a look at the Utility stocks, Exelon and Xcel Energy that are scheduled to announce their Q4 results on Feb 7. Exelon CorporationEXC reported a negative earnings surprise of 1.16% in the last quarter. The company outperformed the Zacks Consensus Estimate in two of the trailing four quarters, with an average beat of 1.76%. We believe that the rate hikes at Atlanta City Electric effective September 2017 will have a positive impact on Exelon's performance. Also, the company is expected to benefit from its cost-management initiatives. The Zacks Consensus Estimate for the company's fourth-quarter revenues is pegged at $7.60 billion, reflecting a year-over-year decline of 3.6%. The same for quarterly earnings is pegged at 62 cents per share, which represents 40.9% annual improvement. Per our proven model, a stock is likely to beat earnings estimates if it has a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Exelon currently constitutes that right combination. The Zacks Rank #3 company has an Earnings ESP of +0.88%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . (Read More: Will Rate Hikes Help Exelon Beat on Earnings in Q4? ). Note that we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Exelon Corporation Price and EPS Surprise Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote Xcel Energy Inc.XEL reported a negative earnings surprise of 5.43% in the prior quarter. The company outperformed the Zacks Consensus Estimate in three of the trailing four quarters, the average positive surprise being 1.59%. The company continues to focus on controlling Operating and Maintenance (O&M) expenses. In the first nine months of 2017, operating expenses of $58 million was lower than the year-ago period. The company expects O&M expenses to remain flat in 2017 owing to these savings. The Zacks Consensus Estimate for the company's fourth-quarter revenues is pegged at $2.94 billion, reflecting year-over-year growth of 5.2%. The same for the quarterly earnings is pegged at 43 cents per share, which represents 4.4% annual decline. Xcel Energy is unlikely to beat on earnings this quarter as the Zacks Rank #3 company has an Earnings ESP of -1.43%. You can see the complete list of today's Zacks #1 Rank stocks here . (Read More: What's in Store for Xcel Energy This Earnings Season? ) Xcel Energy Inc. Price and EPS Surprise Xcel Energy Inc. Price and EPS Surprise | Xcel Energy Inc. Quote More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Xcel Energy Inc. (XEL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""EXC Crosses Critical Technical Indicator In trading on Tuesday, shares of Exelon Corp (Symbol: EXC) entered into oversold territory, changing hands as low as $35.65 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Exelon Corp, the RSI reading has hit 26.9 - by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 38.5, the RSI of WTI Crude Oil is at 54.5, the RSI of Henry Hub Natural Gas is presently 39.1, and the 3-2-1 Crack Spread RSI is 30.3. A bullish investor could look at EXC's 26.9 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), EXC's low point in its 52 week range is $33.30 per share, with $42.67 as the 52 week high point - that compares with a last trade of $35.99. Exelon Corp shares are currently trading down about 2.5% on the day. According to the ETF Finder at ETF Channel, EXC makes up 7.16% of the iShares Edge MSCI Multifactor Utilities ETF (Symbol: UTLF) which is trading relatively unchanged on the day Tuesday. Click here to find out which 9 other oversold energy stocks you need to know about \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-02-07,22.0352,22.7719,21.8066,21.8407,"[""NiSource, Inc (NI) Ex-Dividend Date Scheduled for February 08, 2018 NiSource, Inc ( NI ) will begin trading ex-dividend on February 08, 2018. A cash dividend payment of $0.195 per share is scheduled to be paid on February 20, 2018. Shareholders who purchased NI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.43% increase over prior dividend payment. The previous trading day's last sale of NI was $23.28, representing a -16.14% decrease from the 52 week high of $27.76 and a 6.16% increase over the 52 week low of $21.93. NI is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NI's current earnings per share, an indicator of a company's profitability, is $.82. Zacks Investment Research reports NI's forecasted earnings growth in 2017 as 10.58%, compared to an industry average of 2.6%. For more information on the declaration, record and payment dates, visit the NI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to NI through an Exchange Traded Fund [ETF]? The following ETF(s) have NI as a top-10 holding: First Trust North American Energy Infrastructure Fund ( EMLP ) First Trust Exchange-Traded Fund III First Trust Horizon Manag ( HUSV ) John Hancock Multifactor Utilities ETF ( JHMU ) SPDR Select Sector Fund - Utilities ( XLU ) iShares Global Utilities ETF ( JXI ). The top-performing ETF of this group is HUSV with an decrease of -0.22% over the last 100 days. EMLP has the highest percent weighting of NI at 9999.99%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Implied PWV Analyst Target Price: $42 Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel , we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the PowerShares Dynamic Large Cap Value Portfolio ETF (Symbol: PWV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $42.19 per unit. With PWV trading at a recent price near $37.80 per unit, that means that analysts see 11.62% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of PWV's underlying holdings with notable upside to their analyst target prices are Exelon Corp (Symbol: EXC), Johnson & Johnson (Symbol: JNJ), and AT&T Inc (Symbol: T). Although EXC has traded at a recent price of $36.47/share, the average analyst target is 14.34% higher at $41.70/share. Similarly, JNJ has 14.07% upside from the recent share price of $131.83 if the average analyst target price of $150.38/share is reached, and analysts on average are expecting T to reach a target price of $41.68/share, which is 13.17% above the recent price of $36.83. Below is a twelve month price history chart comparing the stock performance of EXC, JNJ, and T: Combined, EXC, JNJ, and T represent 7.76% of the PowerShares Dynamic Large Cap Value Portfolio ETF. Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Misses Q4 Earnings Estimates, Beats Revenues Exelon CorporationEXC , a competitive energy provider, delivers electricity and natural gas to customers in central Maryland, northern Illinois and southeastern Pennsylvania through its subsidiaries. The Chicago, IL-based firm operates in 48 states and the District of Columbia of the U.S., and Canada. Exelon's strategy of matching its load business with generation fleet, addition of renewable and natural gas based power generating units to its portfolio, systematic divestment of non-core assets will drive its performance. Exelon's acquisition of Pepco Holdings Inc. is expected to have a positive impact on Exelon's cash flow. Estimate Trend & Surprise History Investors should note that the fourth quarter Zacks Consensus Estimate for earnings of 62 cents per share increased by 3.3% over the last 60 days. Coming to the earnings surprise, Exelon has surpassed the Zacks Consensus Estimate in two of the last four quarters, resulting in a positive average surprise of 1.76%. Exelon Corporation Price and EPS Surprise Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote Zacks Rank : Currently, Exelon has a Zacks Rank#3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . However the rank could change following its fourth quarter 2017 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earnings : Exelon reported earnings of 55 cents per share, lagging the Zacks Consensus Estimate of 62 cents by 11.3%. Revenue : Exelon's total revenues came in at $8,381 million, 10.3% higher than the Zacks Consensus Estimate of $7,596 million. Key Stats : Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Dec 31, 2017, was 85-88% for 2018, 55-58% for 2019, and 26-29% for 2020. Check back for our full write up on this EXC earnings report later! Zacks Top 10 Stocks for 2018 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2018? Last year's 2017 Zacks Top 10 Stocks portfolio produced double-digit winners, including FMC Corp. and VMware which racked up stellar gains of +67.9% and +61%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don't miss your chance to get in on these long-term buys. Access Zacks Top 10 Stocks for 2018 today >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Republic Services' (RSG) Collection Unit to Aid Q4 Earnings? Premier waste management firm Republic Services, Inc.RSG is scheduled to report fourth-quarter 2017 results after the closing bell on Feb 8. The company's Collection segment - accounting for more than 73% of total revenues - is likely to report higher revenues due to improved demand for its products. Whether this will lead to higher earnings for the quarter remains to be seen. Top-Line Improvement Republic Services has significantly expanded its product offerings in the e-commerce platform to address the evolving needs of customers. This low-cost sales channel is likely to aid the company in the quarter. In addition, it has improved the capabilities and functionality of the customer portal and mobile app. These value-driven interactive features are likely to lead to incremental orders and higher revenues in the to-be-reported quarter. The strategic acquisition of ReCommunity Holdings II, Inc., the largest independent recycling-processing firm in the United States, is likely to offer unrivalled competitive advantage in the recycling business that continues to be one of the fastest growing segments of the waste stream. In addition, the acquisition will also facilitate Republic Services to gain control of multiple long-term municipal agreements of ReCommunity with processing fee-based structures. These agreements align perfectly with Republic Services' innovative recycling pricing model and are likely to generate incremental revenues. At the same time, Republic Services is focused on increasing operational efficiency by converting its fleet to compressed natural gas collection vehicles and modifying rear-loading trucks to automated-side loaders, which will reduce costs and improve profitability. The company is realigning its field support functions by combining two organizational layers. It expects these initiatives to contribute approximately $25 million of annual cost savings from 2018. As part of the realignment program, the company has centralized the management structure for recycling operations. The new organizational structure is likely to ensure a clear ownership for the recycling and processing market vertical. Republic Services is also transitioning to a fee-based recycling processing model to cover processing costs and generate a healthy ROI (return on investments). The Zacks Consensus Estimate for Collection segment revenues is currently pegged at $1,862 million, up from $1,796 million generated in the year-ago quarter. Revenues from the Landfill segment are expected to be $294 million compared with reported revenues of $280 million in the year-earlier quarter. Revenues from the Transfer and Disposal Services segment are anticipated to be $133 million, up from $116 million reported in the year-ago quarter. Total revenues are likely to be up to $2,499 million from $2,379 million reported in the year-ago quarter. Other Key Factors However, margin pressure remains a bottleneck for the company. Margins are expected to remain constrained in the quarter as Republic Services has more exposure to Collection services and less to Disposal services. Typically, Disposal generates the highest margins and Collection the lowest. The company's performance is also likely to be hurt by protracted weakness in special waste, industrial volumes and tight municipal budgets. In addition, increased competitive pressure remains a concern for the company. Our proven model conclusively shows that Republic Services is likely to beat earnings this quarter as it possesses the key components. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. This is perfectly the case here as you will see below: Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and Zacks Consensus Estimate, is +1.31%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Republic Services, Inc. Price and EPS Surprise Republic Services, Inc. Price and EPS Surprise | Republic Services, Inc. Quote Zacks Rank: Republic Services has a Zacks Rank #1. This increases the predictive power of ESP and makes us reasonably confident about an earnings surprise. Note that we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated) going into the earnings announcement, especially when the company is seeing a negative estimate revisions momentum. Other Stocks to Consider Here are some other companies that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this quarter: Exelon EXC is expected to release fourth-quarter 2017 results on Feb 7. The company has an Earnings ESP of +0.88% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here . Ni Source NI is expected to release fourth-quarter 2017 results on Feb 20. The company has an Earnings ESP of +1.45% and a Zacks Rank #3. Dynegy DYN is expected to release fourth-quarter 2017 results on Feb 22. The company has an Earnings ESP of +22.35% and a Zacks Rank #3. Zacks Top 10 Stocks for 2018 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2018? Last year's 2017 Zacks Top 10 Stocks portfolio produced double-digit winners, including FMC Corp. and VMware which racked up stellar gains of +67.9% and +61%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don't miss your chance to get in on these long-term buys. Access Zacks Top 10 Stocks for 2018 today >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Dynegy Inc. (DYN): Free Stock Analysis Report NiSource, Inc (NI): Free Stock Analysis Report Republic Services, Inc. (RSG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-02-08,21.8476,22.2649,21.7225,21.7392,"[""MDU Resources (MDU) Beats on Q4 Earnings, Issues '18 View MDU Resources Group Inc.MDU reported fourth-quarter 2017 operating earnings of 39 cents per share, beating the Zacks Consensus Estimate of 34 cents by 14.7%. Operating earnings improved 18.2% from 33 cents in the year-ago quarter. The company's construction businesses and regulated energy delivery businesses benefited from favorable weather, which boosted earnings. Including income tax benefit of 20 cents per share, MDU Resources reported earnings of 59 cents. Total Revenues Total revenues in the reported quarter were $1,165.2 million, up 14.6% from $1,016.1 million in the year-ago quarter. DU Resources Group, Inc. Price, Consensus and EPS Surprise MDU Resources Group, Inc. Price, Consensus and EPS Surprise | MDU Resources Group, Inc. Quote Highlights of the Release In the quarter under review, operating expenses amounted to $1,039.7 million, up 14.9 % from $904.6 million in the prior-year quarter. Operating income was $125.5 million, up 12.5%. The company incurred interest expense of $20.8 million, up 1.46% from $20.5 million in fourth-quarter 2016. Financial Highlights Total debt was $1,715 million as of Dec 31, 2017, down from $1,790 million as of Dec 31, 2016. In 2017, the company's net cash flow from operating activities was $448 million, down from $462.2 million in 2016. Guidance MDU Resources issued 2018 guidance for earnings per share in the range of $1.25-$1.45. The company plans to invest $2,331 million in the 2018-2022 period to strengthen regulated energy delivery as well as construction materials and services business lines. Peer Releases NextEra Energy NEE reported fourth-quarter 2017 adjusted earnings of $1.25 per share, missing the Zacks Consensus Estimate of $1.31 by 4.6%. Dominion Energy D reported fourth-quarter 2017 operating earnings of 91 cents per share, beating the Zacks Consensus Estimate of 88 cents by 3.4%. Exelon EXC reported fourth-quarter 2017 operating earnings of 55 cents per share, missing the Zacks Consensus Estimate of 62 cents by 11.3%. Zacks Rank MDU Resources carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report MDU Resources Group, Inc. (MDU): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Validea David Dreman Strategy Daily Upgrade Report - 2/8/2018 The following are today's upgrades for Validea's Contrarian Investor model based on the published strategy of David Dreman . This contrarian strategy finds the most unpopular mid- and large-cap stocks in the market and looks for improving fundamentals. EXELON CORPORATION ( EXC ) is a large-cap value stock in the Electric Utilities industry. The rating according to our strategy based on David Dreman changed from 71% to 90% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC ( PHI ), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses. It operates through 12 segments: Generation's six segments: Mid-Atlantic, Midwest, New England, New York, ERCOT and Other Power Regions; ComEd; PECO; BGE, and PHI's three utility segments: Pepco, DPL and ACE. Generation's integrated business consists of the generation, physical delivery and marketing of power across geographical regions through its customer-facing business, Constellation, which sells electricity and natural gas to both wholesale and retail customers. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here UGI CORP ( UGI ) is a mid-cap value stock in the Natural Gas Utilities industry. The rating according to our strategy based on David Dreman changed from 64% to 76% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: UGI Corporation is a holding company. The Company distributes, stores, transports and markets energy products and related services. It operates through six segments. The AmeriGas Propane segment consists of the propane distribution business of AmeriGas Partners, L.P. The UGI France segment consists of the French LPG distribution business of its subsidiaries, Antargaz, Finagaz and its liquefied petroleum gases ( LPG ) distribution businesses. The Flaga & Other segment consists of the LPG distribution businesses of Flaga GmbH, AvantiGas Limited and ChinaGas Partners, L.P. The Energy Services segment consists of energy-related businesses conducted by its subsidiary, UGI Energy Services, LLC (Energy Services). The Electric Generation segment consists of electric generation facilities conducted by Energy Services' subsidiary. The Gas Utility segment consists of the regulated natural gas distribution businesses of its subsidiary, UGI Utilities, Inc. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here PLAINS ALL AMERICAN PIPELINE, L.P. ( PAA ) is a large-cap growth stock in the Oil Well Services & Equipment industry. The rating according to our strategy based on David Dreman changed from 61% to 76% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Plains All American Pipeline, L.P. owns and operates midstream energy infrastructure and provide logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. The Company operates through three segments: Transportation, Facilities, and Supply and Logistics. The Company's transportation segment operations consist of activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges. Its Facilities segment operations consist of activities associated with providing storage, terminaling and throughput services for crude oil, refined products, NGL and natural gas, as well as NGL fractionation and isomerization services and natural gas and condensate processing services. Its supply and logistics segment operations consist of the merchant-related activities, including the purchase of the United States and Canadian crude oil at the wellhead, the bulk purchase of crude oil at pipeline, terminal and rail facilities. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here CNOOC LTD (ADR) (CEO) is a large-cap growth stock in the Oil & Gas - Integrated industry. The rating according to our strategy based on David Dreman changed from 64% to 76% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: CNOOC Limited is a Hong Kong-based investment holding company principally engaged in the exploration, production and trading of oil and gas. Its businesses include conventional oil and gas businesses, shale oil and gas businesses, oil sands businesses and other unconventional oil and gas businesses. The Company mainly operates businesses through three segments. The Exploration and Production segment is engaged in the exploration, development and production of crude oil, natural gas and other petroleum products. The Trading segment is engaged in the trading of crude oil, natural gas and other petroleum products. The Corporate segment is engaged in corporate-related businesses. The Company mainly operates businesses in China, Canada, the United Kingdom, Nigeria, Indonesia and Brazil, among others. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here THE CARLYLE GROUP LP (CG) is a mid-cap value stock in the Investment Services industry. The rating according to our strategy based on David Dreman changed from 71% to 91% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: The Carlyle Group L.P. is a diversified multi-product global alternative asset management firm. The Company operates in four segments: Corporate Private Equity (CPE), Real Assets, Global Market Strategies (GMS) and Investment Solutions. Corporate Private Equity advises its buyout and growth capital funds, which pursue various corporate investments of different sizes and growth potentials. As of December 31, 2016, the Real Assets segment advised its 26 active carry funds focused on real estate, infrastructure and energy and natural resources (including power). As of December 31, 2016, the Global Market Strategies segment advised a group of 57 active funds that pursue investment strategies, including leveraged loans and structured credit, energy mezzanine opportunities, middle market lending and distressed debt. Its Investment Solutions segment provides investment opportunities and resources for its investors and clients. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here Since its inception, Validea's strategy based on David Dreman has returned 120.58% vs. 168.05% for the S&P 500. For more details on this strategy, click here About David Dreman : Dreman's Kemper-Dreman High Return Fund was one of the best-performing mutual funds ever, ranking as the best of 255 funds in its peer groups from 1988 to 1998, according to Lipper Analytical Services. At the time Dreman published Contrarian Investment Strategies: The Next Generation, the fund had been ranked number one in more time periods than any of the 3,175 funds in Lipper's database. In addition to managing money, Dreman is also a longtime Forbes magazine columnist. About Validea : Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-02-09,21.8407,22.4143,21.6718,22.2697,"[""PG&E Corp (PCG) Earnings Trail Estimates in Q4, Decline Y/Y PG&E Corporation 's PCG adjusted operating earnings per share of 63 cents in fourth-quarter 2017 missed the Zacks Consensus Estimate of 69 cents by 8.7%. Earnings were also down 52.6% from $1.33 reported in the year-ago quarter. The downside in adjusted earnings was caused by the timing of the 2015 GT&S rate case, which delayed recognition of the full 2016 revenue increase until the fourth quarter of 2016. Pacific Gas & Electric Co. Price, Consensus and EPS Surprise Pacific Gas & Electric Co. Price, Consensus and EPS Surprise | Pacific Gas & Electric Co. Quote GAAP earnings during the quarter were 22 cents per share, compared with $1.36 a year ago. For 2017, the company reported adjusted operating earnings per share of $3.68 that missed the Zacks Consensus Estimate of $3.69 by a penny. Earnings were also down 2.1% from $3.76 reported in the prior year. Revenue Update For 2017, the company reported revenues of $17.14 billion, down 3% from $17.67 billion in the prior year. The figure came in line with the Zacks Consensus Estimate of $17.67 billion. Electric revenues were down 5.3% from the year-ago levels, while natural gas revenues rose 5.5%. Operational Highlights Total operating expenses in 2017 were $14,179 million, down 8.5% from $15,489 million in 2016. Costs declined due to lower cost of electricity as well as operating and maintenance expenses. Operating income in 2017 came in at $2,956 million, up from $2,177 million in 2016. Interest expenses in 2017 were $888 million, compared with $829 million in the previous year. Guidance PG&E Corp has not provided its guidance for 2018 GAAP earnings and adjusted earnings from operations due to the uncertainty related to the October 2017 Northern California wildfires. Zacks Rank PG&E Corp currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Recent Peer Release NextEra Energy NEE reported fourth-quarter 2017 adjusted earnings of $1.25 per share, lagging the Zacks Consensus Estimate of $1.31 by 4.6%. Dominion Energy D reported fourth-quarter 2017 operating earnings of 91 cents per share, beating the Zacks Consensus Estimate of 88 cents by 3.4%. Exelon's EXC fourth-quarter 2017 operating earnings of 55 cents per share lagged the Zacks Consensus Estimate of 62 cents by 11.3%. The Hottest Tech Mega-Trend of All Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce \""the world's first trillionaires,\"" but that should still leave plenty of money for regular investors who make the right trades early. See Zacks' 3 Best Stocks to Play This Trend >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Pacific Gas & Electric Co. (PCG): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Brave the Market Correction With These 6 Defensive Stocks Investors' woes continued on Thursday after U.S. markets officially entered correction territory. Fears emanating from the increase in interest rates and new-found volatility continued to weigh on market sentiment. These concerns, which caused Monday's losses, continued to haunt the markets on a day when both the Dow and the S&P 500 went into correction mode for the first time in two years. At this point, opinion is divided over whether this is only a healthy correction or the beginning of what could become a full-fledged bear market. What is certain is that fear has made a comeback to the markets and a few weeks of volatile trading are more than likely. In such an environment, investors would do well to invest in defensive stocks that have the ability to protect past gains during the rocky trading sessions ahead. Rising Yields Spike Markets' Rally During this week, the 10-year Treasury yield has moved above 2.85% twice. Both these instances have been followed by wide-spread losses for stocks. On Wednesday, the 10-year U.S. Treasury note increased from 2.843% to 2.851%, marginally lower than the highest level witnessed in early 2014. Meanwhile, average year-on-year hourly earnings for January increased to 2.9%, the highest since June 2009. The record increase in wages led to concerns that retail prices would increase. Such fears, taken together with soaring yields, led to speculation that the pace of rate hikes would likely quicken over the year. This is the phenomenon which is believed to be responsible for stocks entering correction mode. The collapse in volatility-related investments, attributable primarily to algorithmic trading, was no less responsible for the plight. Massive Loss in Market Value The scale of recent losses can be gauged from the amount of market value erased since the S&P 500 hit a record high on Jan 26. A total of $2.49 trillion in market value has been erased since then, mostly during this week's sharp declines. The situation for global markets is even grimmer. Nearly $5.2 trillion has been erased worldwide since most of these bourses were mimicking the gains of U.S. markets. The question haunting investors at this point is whether the current situation has the makings of a bear market. With markets already in correction mode, we are possibly looking at another four months of losses and uncertainty, per historical data. However, if a bear market ensues, during which markets will lose another 10%, then 22 months would pass until the market scales January's highs once again. Such a possibility, though unlikely at this time, does continue to exist. Our Choices Markets have just entered correction mode and investors are continuing to grapple with surging bond yields and the specter of a faster-than-expected increase in interest rates. Meanwhile, the market's fear gauge continues to creep up, leading to losses for volatility-related bets, which in turn are triggering greater uncertainty. Against this backdrop, investors would do well to invest in defensive stocks. Such stocks provide steady earnings and dividends irrespective of prevailing market conditions. Typically, utilities and consumer staples, whose demand remains undiminished even during tough times, are considered to be defensive stocks. We have narrowed down our search to the following stocks based on a good Zacks Rank and other relevant metrics. The Boston Beer Company Inc.SAM is the largest craft brewer in the United States. Boston Beer has a Zacks Rank #1 (Strong Buy). The company has expected earnings growth of 15.2% for the current year. The Zacks Consensus Estimate for the current year has improved by 5.9% over the last 30 days. Service Corporation InternationalSCI is North America's leading provider of deathcare products and services. Service Corporation has a Zacks Rank #1. The company has expected earnings growth of 10% for the current year The Zacks Consensus Estimate for the current year has improved more than 5.1% over the last 30 days. The stock has a dividend yield of 1.6%. Meredith CorporationMDP is one of the leading media and marketing companies in the United States, with interests in publishing, broadcasting, integrated marketing and interactive media. Meredith has expected earnings growth of 16.3% for the current year. The Zacks Consensus Estimate for the current year has improved 37.2% over the last 30 days. The stock has a dividend yield of 3.7% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here . Pampa Energ\u00eda S.A.PAM is the largest fully integrated electricity company in Argentina. Pampa Energ\u00eda has a Zacks Rank #1. The company has expected earnings growth of 64.5% for the current year. The Zacks Consensus Estimate for the current year has improved by 0.7% over the last 30 days. Exelon CorporationEXC is a utility services holding company. Exelon has a Zacks Rank #2 (Buy). The company has expected earnings growth of 13.2% for the current year. The Zacks Consensus Estimate for the current year has improved by 5.4% over the last 30 days. The stock has a dividend yield of 3.6%. National Grid plcNGG is engaged in the transmission and distribution of natural gas and electricity. National Grid has a Zacks Rank #2. The Zacks Consensus Estimate for the current year has improved 14.8% over the last 30 days. The stock has a dividend yield of 3.3%. The Hottest Tech Mega-Trend of All Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce \""the world's first trillionaires,\"" but that should still leave plenty of money for regular investors who make the right trades early. See Zacks' 3 Best Stocks to Play This Trend >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Pampa Energia S.A. (PAM): Free Stock Analysis Report National Grid Transco, PLC (NGG): Free Stock Analysis Report Boston Beer Company, Inc. (The) (SAM): Free Stock Analysis Report Service Corporation International (SCI): Free Stock Analysis Report Meredith Corporation (MDP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-02-12,22.295,22.555,22.0851,22.4592,"[""UNITIL Corporation (UTL) Ex-Dividend Date Scheduled for February 13, 2018 UNITIL Corporation ( UTL ) will begin trading ex-dividend on February 13, 2018. A cash dividend payment of $0.365 per share is scheduled to be paid on February 28, 2018. Shareholders who purchased UTL prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.39% increase over prior dividend payment. The previous trading day's last sale of UTL was $43.5, representing a -17.68% decrease from the 52 week high of $52.84 and a 6.3% increase over the 52 week low of $40.92. UTL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). UTL's current earnings per share, an indicator of a company's profitability, is $2.06. Zacks Investment Research reports UTL's forecasted earnings growth in 2018 as 4.13%, compared to an industry average of 3.2%. For more information on the declaration, record and payment dates, visit the UTL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for February 13, 2018 Consolidated Edison Inc ( ED ) will begin trading ex-dividend on February 13, 2018. A cash dividend payment of $0.715 per share is scheduled to be paid on March 15, 2018. Shareholders who purchased ED prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.62% increase over prior dividend payment. The previous trading day's last sale of ED was $76.89, representing a -14.28% decrease from the 52 week high of $89.70 and a 5.87% increase over the 52 week low of $72.63. ED is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ED's current earnings per share, an indicator of a company's profitability, is $4. Zacks Investment Research reports ED's forecasted earnings growth in 2017 as 3.5%, compared to an industry average of 3.2%. For more information on the declaration, record and payment dates, visit the ED Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""WEC Energy Group, Inc. (WEC) Ex-Dividend Date Scheduled for February 13, 2018 WEC Energy Group, Inc. ( WEC ) will begin trading ex-dividend on February 13, 2018. A cash dividend payment of $0.553 per share is scheduled to be paid on March 01, 2018. Shareholders who purchased WEC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.35% increase over prior dividend payment. The previous trading day's last sale of WEC was $61.1, representing a -12.83% decrease from the 52 week high of $70.09 and a 7.89% increase over the 52 week low of $56.63. WEC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WEC's current earnings per share, an indicator of a company's profitability, is $3.79. Zacks Investment Research reports WEC's forecasted earnings growth in 2018 as 5%, compared to an industry average of 3.2%. For more information on the declaration, record and payment dates, visit the WEC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-02-13,22.3801,22.4651,22.0049,22.3606,"[""Allete, Inc. (ALE) Ex-Dividend Date Scheduled for February 14, 2018 Allete, Inc. ( ALE ) will begin trading ex-dividend on February 14, 2018. A cash dividend payment of $0.56 per share is scheduled to be paid on March 01, 2018. Shareholders who purchased ALE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.67% increase over prior dividend payment. The previous trading day's last sale of ALE was $69.71, representing a -14.19% decrease from the 52 week high of $81.24 and a 7.98% increase over the 52 week low of $64.56. ALE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ALE's current earnings per share, an indicator of a company's profitability, is $3.46. Zacks Investment Research reports ALE's forecasted earnings growth in 2017 as 8.36%, compared to an industry average of 3%. For more information on the declaration, record and payment dates, visit the ALE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corporation (EXC) Ex-Dividend Date Scheduled for February 14, 2018 Exelon Corporation ( EXC ) will begin trading ex-dividend on February 14, 2018. A cash dividend payment of $0.345 per share is scheduled to be paid on March 09, 2018. Shareholders who purchased EXC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.5% increase over prior dividend payment. The previous trading day's last sale of EXC was $37.17, representing a -12.89% decrease from the 52 week high of $42.67 and a 11.62% increase over the 52 week low of $33.30. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Public Service Enterprise Group Incorporated ( PEG ). EXC's current earnings per share, an indicator of a company's profitability, is $3.95. Zacks Investment Research reports EXC's forecasted earnings growth in 2018 as 17.75%, compared to an industry average of 3%. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-02-14,22.301,22.598,22.0919,22.3186,"[""CMS Energy Corporation (CMS) Ex-Dividend Date Scheduled for February 15, 2018 CMS Energy Corporation ( CMS ) will begin trading ex-dividend on February 15, 2018. A cash dividend payment of $0.357 per share is scheduled to be paid on February 28, 2018. Shareholders who purchased CMS prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.21% increase over prior dividend payment. The previous trading day's last sale of CMS was $43.05, representing a -15.34% decrease from the 52 week high of $50.85 and a 6.35% increase over the 52 week low of $40.48. CMS is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). CMS's current earnings per share, an indicator of a company's profitability, is $1.93. Zacks Investment Research reports CMS's forecasted earnings growth in 2017 as 7.5%, compared to an industry average of 3.3%. For more information on the declaration, record and payment dates, visit the CMS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Duke Energy Corporation (DUK) Ex-Dividend Date Scheduled for February 15, 2018 Duke Energy Corporation ( DUK ) will begin trading ex-dividend on February 15, 2018. A cash dividend payment of $0.89 per share is scheduled to be paid on March 16, 2018. Shareholders who purchased DUK prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DUK has paid the same dividend. The previous trading day's last sale of DUK was $77.08, representing a -16.03% decrease from the 52 week high of $91.80 and a 5.69% increase over the 52 week low of $72.93. DUK is a part of the Public Utilities sector, which includes companies such as Exelon Corporation ( EXC ) and Public Service Enterprise Group Incorporated ( PEG ). DUK's current earnings per share, an indicator of a company's profitability, is $3.03. Zacks Investment Research reports DUK's forecasted earnings growth in 2017 as -2.84%, compared to an industry average of 3.3%. For more information on the declaration, record and payment dates, visit the DUK Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-02-15,22.3918,22.8745,22.3303,22.8676,
EXC,2018-02-16,22.9282,23.1598,22.8246,23.0386,"[""Consolidated Edison (ED) Tops Q4 Earnings & Sales Estimates Consolidated Edison Inc . ED reported fourth-quarter 2017 adjusted earnings of 80 cents per share that surpassed the Zacks Consensus Estimate of 78 cents by 2.6%. Reported earnings also improved 16% from the year-ago figure of 69 cents per share. Excluding one-time adjustments, the company reported earnings of $1.63 per share, up from 68 cents in fourth-quarter 2016. For 2017, Consolidated Edison reported adjusted earnings of $4.12 per share, compared with earnings of $3.99 in the prior year. Full-year earnings surpassed the Zacks Consensus Estimate of $4.09 by 0.7%. Total Revenues Consolidated Edison reported total revenues of $2,961 million in the fourth quarter, which surpassed the Zacks Consensus Estimate of $2,649 million by 11.8%. However, the top line improved 9.4% from the year-ago level of $2,707 million. For 2017, the company generated revenues worth $12,033 million, which topped the Zacks Consensus Estimate of $11,750 million. Moreover, on a year-over-year basis, revenues dipped 0.3% from $12,075 million in the prior year. Electric revenues came in at $2,039 million in the quarter, up 0.7% from the prior-year figure of $2,024 million. Gas revenues improved 21.1% to $540 million. Steam revenues rose 1.4% to $147 million. Non- utility revenues amounted to $235 million, up 155.4% from $92 million a year ago. Operating Statistics Total operating expenses in the quarter increased 8.4% to $2,417 million. Gas purchased for resale, other operation and maintenance, depreciation and amortization, fuel and taxes, and other than income taxes was up 41.8%, 9.4%, 9.9%, 20.5% and 9.8%, respectively. Meanwhile, purchase power expenses decreased 11.2%. Consolidated Edison Inc Price, Consensus and EPS Surprise Consolidated Edison Inc Price, Consensus and EPS Surprise | Consolidated Edison Inc Quote Financials Cash and temporary cash investments as of Dec 31, 2017 was $797 million compared with $776 million as of Dec 31, 2016. Long-term debt was $14,731 million as of Dec 31, 2017 compared with $14,735 million at 2016 end. At the end of 2017, cash from operating activities was $3,367 million compared with $3,459 million in the year-ago period. Guidance For 2018, the company expects earnings per share in the range of $4.15-$4.35. Zacks Rank Consolidated Edison carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Recent Peer Releases Exelon Corp EXC reported fourth-quarter 2017 operating earnings of 55 cents per share, which lagged the Zacks Consensus Estimate of 62 cents by 11.3%. However, quarterly earnings were 25% higher than the year-ago figure of 44 cents. Dominion Energy D reported fourth-quarter 2017 operating earnings of 91 cents per share, beating the Zacks Consensus Estimate of 88 cents by 3.4%. However, operating earnings decreased 8.1% from 99 cents reported a year ago. American Electric Power AEP reported fourth-quarter 2017 operating earnings per share of 85 cents, exceeding the Zacks Consensus Estimate of 81 cents by 4.9%. The bottom line also improved 4.9% from 67 cents per share reported a year ago. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Consolidated Edison Inc (ED): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for Feb 16, 2018 Benchmarks ended in positive territory on for the fifth straight trading day on Thursday, with both the Dow and S&P 500 posting their best such feat since December 2011. Both the two indexes are now up over 4% for the year and are on the way to post their biggest weekly increases since November 2016. Additionally, the Nasdaq has increased more than 5% for the year. The tech-heavy index is also on the verge of registering its best weekly performance since 2011. How the Benchmarks Fared? The Dow Jones Industrial Average (DJI) increased 1.2%, or 307.36 points, to close at 25,200.37. The S&P 500 rose 1.2% to close at 2,731.20. The tech-laden Nasdaq Composite Index closed at 7,256.43, gaining 1.6%. The fear-gauge CBOE Volatility Index (VIX) decreased 3.2% to close at 18.65. A total of 7.12 billion shares were traded on Thursday, lower than the last 20-session average of 8.46 billion shares. Advancers outnumbered decliners on the NYSE by a 2.27-to-1 ratio. On Nasdaq, a 2.25-to-1 ratio favored advancing issues. Markets Recover for Fifth Straight Day All the key U.S. indexes rebounded and increased for the fifth consecutive trading day after entering correction territory last week. Although, the movement lacked specific catalysts, part of the day's gains were fueled by strong earnings and a resilient U.S. economy. For the S&P 500, 10 of the 11 key sectors increased on Thursday, with utilities and technology stocks leading the way. On the earnings front, shares of Cisco Systems, Inc. CSCO advanced 4.7% after reporting fiscal second quarter earnings per share and revenues that beat their respective Zacks Consensus Estimate. Additionally, the company's top line registered its first year-over-year rise in around two years. ( Read More ) Additionally, Apple Inc's AAPL shares surged 3.4% after Warren Buffett's Berkshire Hathaway BRK.B increased its stake in Apple by more than 23% during the fourth quarter. Berkshire Hathaway raised the stake in the tech giant from 134.09 million in third quarter to 165.33 million in fourth quarter. Applehas a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Gains in Apple and Cisco led the Technology Select Sector SPDR (XLK) to advance 1.9%, becoming the second biggest gainer among the key S&P 500 sectors. Along with Apple other FAAMG stocks, Facebook, Inc. FB , Amazon.com, Inc. AMZN , Microsoft Corporation MSFT and Alphabet Inc. GOOGL increased 0.3%, 0.7%, 2% and 1.7%, respectively. Further, the Utilities Select Sector SPDR (XLU) climbed 2.2% and was the best performing S&P 500 sector. Some of its key holdings, including NextEra Energy, Inc. NEE and Exelon Corporation EXC rose 2.9% and 2.5%, respectively. Economic Data In Focus In economic news, the U.S. Department of Labor reported that initial claims advanced by 7,000 to a level of 230,000 for the week ending Feb 10. Although, initial claims increased, it still remains below the level of 300,000, implying a tighter labor market. Meanwhile, the U.S. Bureau of Labor Statistics reported that Producer Price Index (PPI) rose 0.4% last month, after remaining unchanged in December. PPI registered year-over-year increase of 2.7% in January. Also, core-PPI increased 0.4% in January, better than December's rise of 0.2%. Core-PPI advanced 2.5% year-over-year in January, registering its best rise since August 2014. Moreover, industrial production decreased by 0.1% in January. Also, capacity utilization declined from 77.7% in December to 77.5% in January. Domestic factory output clearly remained flat for second consecutive month. Stocks That Made Headline Smucker Q3 Earnings Rise Y/Y, View Up on Tax Reforms The J. M. Smucker CompanySJM reported third-quarter fiscal 2018 results, wherein the company crushed its three-quarter long trend of posting year-over-year decline in earnings. ( Read More ) Marriott Q4 Earnings and Revenues Surpass Estimates Marriott International, Inc. MAR reported better-than-expected fourth-quarter 2017 results. ( Read More ) Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Cisco Systems, Inc. (CSCO): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Facebook, Inc. (FB): Free Stock Analysis Report Alphabet Inc. (GOOGL): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report Microsoft Corporation (MSFT): Free Stock Analysis Report J.M. Smucker Company (The) (SJM): Free Stock Analysis Report Marriott International (MAR): Free Stock Analysis Report Berkshire Hathaway Inc. (BRK.B): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ameren (AEE) Tops Q4 Earnings Estimates, Issues '18 View Ameren CorporationAEE posted fourth-quarter 2017 adjusted earnings from continuing operations of 39 cents per share, surpassing the Zacks Consensus Estimate of 34 cents by 14.7%. The bottom line also surged 200% year over year, primarily due to a change in the timing of interim period revenue recognition at Ameren Illinois Electric Distribution. For 2017, Ameren Corporation reported adjusted earnings of $2.83 per share, compared with earnings of $2.68 in the prior year. Full-year earnings surpassed the Zacks Consensus Estimate of $2.79 by 1.4%. Total Revenues Total revenues of $1,402 million in the quarter were up 3.4% year over year owing to higher electric as well as natural gas sales volumes. For 2017, the company generated revenues worth $6,177 million that lagged the Zacks Consensus Estimate of $6,330 million. However, on a year-over-year basis, revenues rose 1.7% from $6,076 million in the prior year. Highlights of the Release Ameren's total electricity sales volumes in the quarter decreased 2.1% to 17,854 million kilowatt hours (kWh) from 18,235 million kWh in the prior-year quarter. Gas volumes improved 11.3% 59 million dekatherms. Total operating expenses were $1,177 million, down 2.8% year over year. Interest expenses were $96 million compared with $95 million with the year-ago figure. Ameren Corporation Price, Consensus and EPS Surprise Ameren Corporation Price, Consensus and EPS Surprise | Ameren Corporation Quote Financial Condition Ameren reported cash and cash equivalents of $10 million as of Dec 31, 2017 compared with $9 million at 2016 end. Long-term debt as of Dec 31, 2017 was $7,094 million compared with $6,595 million as of Dec 31, 2016. Cash from operating activities as on Dec 31, 2017 was $2,104 million compared with $2,123 million in the prior-year period. Guidance Ameren expects 2018 earnings per share to be in a range of $2.95-$3.15. Zacks Rank Ameren carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Recent Peer Releases Exelon Corp EXC reported fourth-quarter 2017 operating earnings of 55 cents per share, which lagged the Zacks Consensus Estimate of 62 cents by 11.3%. However, quarterly earnings were 25% higher than the year-ago figure of 44 cents. Dominion Energy D reported fourth-quarter 2017 operating earnings of 91 cents per share, beating the Zacks Consensus Estimate of 88 cents by 3.4%. However, operating earnings decreased 8.1% from 99 cents reported a year ago. American Electric Power AEP reported fourth-quarter 2017 operating earnings per share of 85 cents, exceeding the Zacks Consensus Estimate of 81 cents by 4.9%. The bottom line also improved 4.9% from 67 cents per share reported a year ago. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-02-20,22.9781,23.2331,22.9781,22.9781,"[""EXC October 19th Options Begin Trading Investors in Exelon Corp (Symbol: EXC) saw new options begin trading today, for the October 19th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 241 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the EXC options chain for the new October 19th contracts and identified one put and one call contract of particular interest. The put contract at the $37.00 strike price has a current bid of $2.20. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $37.00, but will also collect the premium, putting the cost basis of the shares at $34.80 (before broker commissions). To an investor already interested in purchasing shares of EXC, that could represent an attractive alternative to paying $37.61/share today. Because the $37.00 strike represents an approximate 2% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 100%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 5.95% return on the cash commitment, or 9.01% annualized - at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $37.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $38.00 strike price has a current bid of $2.15. If an investor was to purchase shares of EXC stock at the current price level of $37.61/share, and then sell-to-open that call contract as a \""covered call,\"" they are committing to sell the stock at $38.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 6.75% if the stock gets called away at the October 19th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if EXC shares really soar, which is why looking at the trailing twelve month trading history for Exelon Corp, as well as studying the business fundamentals becomes important. Below is a chart showing EXC's trailing twelve month trading history, with the $38.00 strike highlighted in red: Considering the fact that the $38.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 5.72% boost of extra return to the investor, or 8.66% annualized, which we refer to as the YieldBoost . Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $37.61) to be 14%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""It\u2019s time to invest in what is not hot Slumping utilities may be preparing for a rebound Slumping utilities may be preparing for a rebound, says Simon Maierhofer.""]"
EXC,2018-02-21,22.9781,23.0269,22.5745,22.6116,"[""Avista Corporation (AVA) Ex-Dividend Date Scheduled for February 22, 2018 Avista Corporation ( AVA ) will begin trading ex-dividend on February 22, 2018. A cash dividend payment of $0.373 per share is scheduled to be paid on March 15, 2018. Shareholders who purchased AVA prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.48% increase over prior dividend payment. The previous trading day's last sale of AVA was $49.74, representing a -5.85% decrease from the 52 week high of $52.83 and a 29.7% increase over the 52 week low of $38.35. AVA is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AVA's current earnings per share, an indicator of a company's profitability, is $1.99. Zacks Investment Research reports AVA's forecasted earnings growth in 2017 as -6.98%, compared to an industry average of 4.1%. For more information on the declaration, record and payment dates, visit the AVA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for Feb 21, 2018 : GE, F, LYG, RRC, EXC, ORCL The NASDAQ 100 After Hours Indicator is down -1.55 to 6,757.71. The total After hours volume is currently 49,131,813 shares traded. The following are the most active stocks for the after hours session : General Electric Company ( GE ) is +0.01 at $14.50, with 11,423,969 shares traded. GE's current last sale is 85.29% of the target price of $17. Ford Motor Company ( F ) is unchanged at $10.60, with 5,113,330 shares traded. F's current last sale is 81.54% of the target price of $13. Lloyds Banking Group Plc ( LYG ) is unchanged at $3.95, with 5,096,671 shares traded. RTT News Reports: European Markets Finished Mixed On Disappointing Data Range Resources Corporation ( RRC ) is unchanged at $12.92, with 2,845,218 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2017. The consensus EPS forecast is $0.15. RRC is scheduled to provide an earnings report on 2/27/2018, for the fiscal quarter ending Dec2017. The consensus earnings per share forecast is 0.15 per share, which represents a -66 percent increase over the EPS one Year Ago Exelon Corporation ( EXC ) is +0.415 at $37.48, with 2,718,826 shares traded. As reported by Zacks, the current mean recommendation for EXC is in the \""buy range\"". Oracle Corporation ( ORCL ) is unchanged at $49.43, with 1,869,470 shares traded. As reported by Zacks, the current mean recommendation for ORCL is in the \""buy range\"". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""FirstEnergy (FE) Beats Q4 Earnings Estimates, Lags Sales FirstEnergy CorporationFE reported fourth-quarter 2017 operating earnings of 71 cents per share, beating the Zacks Consensus Estimate of 69 cents by 2.9%. Quarterly earnings improved 86.8% year over year. On a GAAP basis, the company reported loss of $5.62 per share compared with a loss of $13.44 in the prior-year quarter due to impairments & plant exit costs for the company's competitive generation fleet and charges related to the Tax Cuts and Jobs Act. Total Revenues FirstEnergy generated total revenues of $3,442 million in fourth-quarter 2017, missing the Zacks Consensus Estimate of $3,485 million by 1.23%. Revenues inched up 1.98% from $3,375 million in the year-ago quarter. The top line improved primarily on the back of higher regulated transmission and distribution revenues. FirstEnergy Corporation Price, Consensus and EPS Surprise FirstEnergy Corporation Price, Consensus and EPS Surprise | FirstEnergy Corporation Quote Highlights of the Release Total electric delivery increased 563 thousand megawatt-hours (MWh) year over year. Residential sales rose 3.9%, owing to heating degree days. The figure was higher by 9% from the year-ago quarter. The year-over-year increase in distribution deliveries to industrial customers more than offset the drop in delivery volumes to commercial customers. Financial Update FirstEnergy's cash on hand as of Dec 31, 2017, was $589 million, up from $199 million as of Dec 31, 2016. Long-term debt and other long-term obligations as of Dec 31 were $21,115 million compared with $18,192 million as of Dec 31, 2016. Net cash provided from operating activities was $3,808 million, up 12.6% from $3,383 million in 2016. Guidance FirstEnergy issued the operating earnings guidance for 2018 in the range of $2.25-$2.55 per share. For the first quarter of 2018, earnings are estimated in the range of 60-70 cents. FirstEnergy expects to invest $10-$12 billion in 2018 to 2021 time frame. Majority of the capital expenditure will be utilized to strengthen its regulated transmission and distribution lines. Peer Releases NextEra Energy NEE reported fourth-quarter 2017 adjusted earnings of $1.25 per share, missing the Zacks Consensus Estimate of $1.31 by 4.6%. Dominion Energy D reported fourth-quarter 2017 operating earnings of 91 cents per share, beating the Zacks Consensus Estimate of 88 cents by 3.4%. Exelon EXC reported fourth-quarter 2017 operating earnings of 55 cents per share, missing the Zacks Consensus Estimate of 62 cents by 11.3%. Zacks Rank FirstEnergy has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report FirstEnergy Corporation (FE): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Retail Sales Helps Southern Company (SO) Top Q4 Earnings Power supplier Southern CompanySO reported fourth-quarter 2017 earnings per share (excluding certain one-time items) of 51 cents, above the Zacks Consensus Estimate of 46 cents and the year-ago profit of 30 cents. The outperformance stemmed from strength of its retail unit and lower operations and maintenance costs. The Atlanta-based utility's quarterly revenue - at $5,629 million - came higher than the fourth-quarter 2016 sales of $5,181 million and also beat the Zacks Consensus Estimate of $5,408 million. Overall Sales Breakup Southern Company's wholesale power sales jumped 36.4%, while retail electricity demand strengthened amid favorable weather conditions. This brought about an upward movement in overall electricity sales and usage. In fact, total electricity sales during the fourth quarter was up 10.5% from the same period last year. Southern Company's total retail sales improved 4.1%, with residential, industrial and commercial sales up by 8.6%, 3.5% and 0.9%, respectively. Southern Company (The) Price, Consensus and EPS Surprise Southern Company (The) Price, Consensus and EPS Surprise | Southern Company (The) Quote Expenses Summary Southern Company's operations and maintenance cost decreased 3.6% to $1,565 million but the utility's total operating expense for the period - at $4,835 million - was up 5.2% from the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. EXC and Duke Energy Corp. DUK - currently retains a Zacks Rank #4 (Sell). A better-ranked player from the same industry would be CenterPoint Energy, Inc. CNP that sports a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . CenterPoint Energy, based in Houston, TX, is a domestic energy delivery company that provides electric transmission & distribution, natural gas distribution and competitive natural gas sales and services operations. The 2017 Zacks Consensus Estimate for this utility is $1.33, representing some 14.7% earnings per share growth over 2016. This year's average forecast is $1.48, pointing to another 11.6% growth. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Southern Company (The) (SO): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-02-22,22.6723,22.8793,22.5198,22.7093,"[""Bear of the Day: El Paso Energy (EE) Interest rates are on the move all across the yield curve. Whether you look at the 2 Year or the 30 Year the direction is the same. The yield on the 10-Year Treasury Note topped 2.94% during yesterday's session. Also, with our Federal Reserve beginning to inch the overnight rate higher, many feel rates have nowhere to go but up. That's not good news for industries with interest rate sensitivity. One of the most sensitive industries in the market is utilities. As rates rise, their yields don't catch up quick enough to save them from downside risk. Today's Bear of the Day is one of those utility stocks. I'm talking about Zacks Rank #5 (Strong Sell) El Paso Energy (EE). El Paso Electric Company, a public utility company, engages in the generation, transmission, and distribution of electricity in west Texas and southern New Mexico. It generates electricity through nuclear fuel, natural gas, and coal facilities, as well as solar photovoltaic panels and wind turbines. The company owns or has ownership interests in various electrical generating facilities with a net dependable generating capability of approximately 2,080 megawatts; four 345 kilovolt (kV) transmission lines in New Mexico and Arizona; and three 500 kV lines in Arizona. It distributes electricity to retail customers principally in El Paso, Texas; and Las Cruces, New Mexico. The company serves approximately 411,100 residential, commercial, industrial, public authority, and wholesale customers. The reason for the unfavorable Zacks Rank is an analyst drop next year's estimate from $2.73 down to $2.66. This was in the wake of El Paso's last earnings report where the company reported EPS of $1.47 versus expectations calling for $1.58. The company is set to report earnings again on February 27 th before the bell, with analysts looking for 22 cents for the quarter. Investors looking for other stocks in the same industry should check out CenterPoint Energy (CNP) or Exelon (EXC). Both are Zacks Rank #2 (Buy) stocks right now. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report El Paso Electric Company (EE): Free Stock Analysis Report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""IDACORP (IDA) Beats Q4 Earnings Estimates, Issues '18 View IDACORP, Inc.IDA reported fourth-quarter 2017 operating earnings of 77 cents per share, beating the Zacks Consensus Estimate of 67 cents by 14.9%. Quarterly earnings increased 16.7% from 66 cents in the year-ago quarter. The improvement was driven by strong economic activity, higher operating income and continued customer growth. IDACORP's net income totaled $38.9 million in the quarter, compared with $33.21 million in the year-ago quarter. The North Valmy power plant settlement condition drove business revenues in the fourth quarter. Idaho Power gained from increased transmission wheeling volumes and Open Access Transmission Tariff. IDACORP, Inc. Price, Consensus and EPS Surprise IDACORP, Inc. Price, Consensus and EPS Surprise | IDACORP, Inc. Quote Guidance IDACORP issued earnings guidance for 2018 in the range of $4.10-$4.25 per share. Peer Releases NextEra Energy NEE reported fourth-quarter 2017 adjusted earnings of $1.25 per share, missing the Zacks Consensus Estimate of $1.31 by 4.6%. Dominion Energy D reported fourth-quarter 2017 operating earnings of 91 cents per share, beating the Zacks Consensus Estimate of 88 cents by 3.4%. Exelon EXC reported fourth-quarter 2017 operating earnings of 55 cents per share, missing the Zacks Consensus Estimate of 62 cents by 11.3%. Zacks Rank IDACORP carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report IDACORP, Inc. (IDA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-02-23,22.7817,23.3425,22.6723,23.318,
EXC,2018-02-26,23.3493,23.4158,23.0865,23.19,
EXC,2018-02-27,23.19,23.4685,22.7093,22.7093,
EXC,2018-02-28,22.7465,22.9644,22.5862,22.5862,
EXC,2018-03-01,22.6723,22.897,22.3498,22.5257,
EXC,2018-03-02,22.5452,22.6479,22.257,22.513,
EXC,2018-03-05,22.4719,23.0191,22.3606,22.9781,
EXC,2018-03-06,22.9829,23.0074,22.5745,22.6663,"[""Public Service Enterprise Group Incorporated (PEG) Ex-Dividend Date Scheduled for March 07, 2018 Public Service Enterprise Group Incorporated ( PEG ) will begin trading ex-dividend on March 07, 2018. A cash dividend payment of $0.45 per share is scheduled to be paid on March 30, 2018. Shareholders who purchased PEG prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.65% increase over prior dividend payment. The previous trading day's last sale of PEG was $48.07, representing a -9.78% decrease from the 52 week high of $53.28 and a 15.36% increase over the 52 week low of $41.67. PEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PEG's current earnings per share, an indicator of a company's profitability, is $3.1. Zacks Investment Research reports PEG's forecasted earnings growth in 2018 as 5.23%, compared to an industry average of 7.6%. For more information on the declaration, record and payment dates, visit the PEG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PEG through an Exchange Traded Fund [ETF]? The following ETF(s) have PEG as a top-10 holding: John Hancock Multifactor Utilities ETF ( JHMU ) iShares Russell Mid-cap Value ETF ( IWS ). The top-performing ETF of this group is IWS with an increase of 2.61% over the last 100 days. JHMU has the highest percent weighting of PEG at 5.18%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""10 Attractive Utility Stocks to Buy While They're Down Utility stocks tanked hard starting in mid-November on worries about rising interest rates, which can be bad for supposed \""bond proxies\"" like utes. The broad Utilities Select Sector SPDR Fund ( XLU ) is off 11% since Nov. 17, versus a 4% gain for the Standard & Poor's 500-stock index. But given the severe damage, these fears about fallout from rising rates may be fully priced in by now. Besides, many of the worries are unfounded to begin with. Here are a few quick reasons why utility stocks look attractive in this selloff, followed by 10 companies to consider buying. Utilities aren't really bond proxies. Bonds pay a fixed coupon. Utilities constantly increase their earnings and dividends. So they aren't really bond proxies, says Gabelli & Company utility-stock analyst Timothy Winter. Electricity utilities increased their dividends by 5.9% in 2017, off earnings growth of about the same amount. \""They are going to grow their way right through the modest increases in the Treasury yield,\"" Winter says. Fundamentals are sound. Winter predicts utilities will grow earnings 5%-6% annually over the next three to five years - much better than historical growth in the 3%-4%. Interest in renewable energy, the worn-down infrastructure and electric vehicles all support a veritable \""super cycle\"" in utility capital investments, he says. This is good for investors because utilities make money by getting set rate of return on investments in infrastructure, which is called their \""rate base.\"" The more they spend, the more they earn. Interest rates might not go up as much as investors fear. Several structural forces put downward pressure on prices, such as technology, cheap foreign labor and the aging population (older people earn and spend less). If inflation fails to heat up significantly, interest rates won't rocket higher, either. Besides, if interest rates and inflation do go up, regulators will approve higher utility bills to offset some of the damage. Utes look cheap. Historically, when 10-year U.S. treasury yields are 2.5%-3%, utes trade at a significant premium to the S&P 500. They currently trade at a discount, says Goldman Sachs utility sector analyst Michael Lapides. \""Adjusted for interest rates, the price-to-earnings multiples appear reasonable considering the strong fundamental outlook,\"" Winter agrees. Utilities are defensive. If we are headed for a bear market, the end of the economic cycle or geopolitical turmoil, utility stocks will add defensive exposure to your portfolio. SEE ALSO: 50 Dividend Stocks You Can Count On Dividend yield: 3.5% Here's quick primer on utilities to help you understand why Exelon ( EXC , $37.68) looks cheap. Utes come in two flavors. There are regulated utilities, which have more predictable earnings and higher profit margins. Then there are \""merchant\"" utilities, which generate power for sale to other utility companies in the open market. Regulated utility stocks trade for much higher multiples. Exelon is a mix of both. It distributes power in the Northeast and mid-Atlantic. It runs nuclear plants as a merchant supplier. The catch here is that Exelon is oddly valued at a discount like a merchant supplier even though it is mostly a regulated utility. The nitty gritty: Exelon has a price-to-book ratio of about 1.3. But it earns about the same return on equity as regulated utilities which trade for nearly two times book value, says Colin McWey, who helps manage the Heartland Mid Cap Value Fund ( HRMDX ). \""Despite a comparable return on equity, they have a massive price to book ratio discount. It is an easy valuation case to make,\"" says McWey. Earnings at Exelon's regulated transmission and distribution business are growing at a nice 6%-8% annual clip. This represents about two-thirds of overall earnings. SEE ALSO: 20 of the Best Stocks You Probably Haven't Heard Of Dividend yield: 4.6% One of the largest utilities in the country, Duke Energy ( DUK , $77.49) operates chiefly in the Carolinas and Florida. This brings two advantages: Regulators in both states are friendly, and Duke enjoys above-average economic growth. Duke serves Orlando and Tampa, two of the fastest-growing cities in the country. Florida and the Carolinas are among the top states for new single-family housing permits. Residential customer growth is around 1.5% in both states. \""They have a constructive regulatory environment, a growing rate base, and a good management team,\"" says Bruce Kaser, an analyst at the Turnaround Letter. The company launched a huge $42 billion capital spending plan last year which will run through 2021. Duke is modernizing its grid, and investing in natural gas infrastructure. It's also spending to grow its small renewable energy business. All of this spending should support 6% annual earnings growth, and dividend hikes of around the same amount. SEE ALSO: 10 Companies Making Huge Stock Buybacks in 2018 Dividend yield: 2.6% The power supply in the U.S. keeps getting \""greener,\"" and this is a key trend for utility investors to ride. More states are mandating a bigger mix from renewable sources like solar and wind. Companies looking to boost their \""sustainability\"" image are keen on buying more power from green sources. Falling costs of wind and solar farms make renewable energy more attractive. NextEra Energy ( NEE , $155.02) is a big beneficiary of this trend, Winter says. It has a subsidiary called NextEra Energy Resources which builds and operates renewable wind and solar energy farms. This subsidiary is the biggest owner and operator of renewable energy in the country. It accounts for about half of NextEra's overall business. The other half is a traditional utility, or Florida Power & Light, which is one of the best utilities in the country, says Bill Costello, portfolio manager at Westwood Funds. He expects NextEra Energy to produce 6%-8% annual earnings growth over the next five years. SEE ALSO: 9 Safe Dividend Stocks to Buy for Retirement Yield Distribution yield: 3.8%* Power companies have big plans for green energy. They will add 96 gigawatts of wind and solar generation to the 1,200 GW capacity in the U.S. by the end of 2021, Winter predicts. Analysts at Goldman Sachs predict that power producers will spend over $200 billion to develop 150 GWs of renewable energy by the end of 2025. All of that spending will help NextEra Energy Partners ( NEP , $38.05), a high-growth limited partnership formed by NextEra Energy to develop and operate renewable energy projects that sell power to other utilities. The company also runs natural gas pipelines. In short, NEP is a pure play on renewable energy development, excluding the gas pipelines. NextEra Energy Partners is growing faster than its parent. Its cash flow grew 16% last year to $743 million. Distributions to shareholders grew 15% to $1.52 per \""unit,\"" or share. Investors expect more of the same. \""We're well positioned to capitalize on one of the best environments for renewables development in our history,\"" CFO John Ketchum said during the company's fourth-quarterearnings callin January. NextEra Energy Partners forecasts 12% to 15% annual distribution growth through 2022. *Master limited partnerships pay distributions, which are similar to dividends, but are treated as tax-deferred returns of capital and require different paperwork come tax time. SEE ALSO: 15 Industrial Stocks That Can Manufacture Gains Dividend yield: 3.5% Based in Orange, Connecticut, Avangrid ( AGR , $48.87) operates traditional electric and gas utilities in New England and New York. But like NextEra Energy, it has a division that develops renewable energy, called Avangrid Renewables. A Spanish company with renewable energy expertise, called Iberdrola, owns 81.5% of Avangrid stock. It shares knowhow in wind farms and solar energy. Given the popularity of sustainable investing, consumer-facing companies like to show they are hip to the trend. This helps explain why Nike ( NKE ) has been signing agreements to buy power from Avangrid. Meanwhile, other utilities striving to meet renewable energy mandates are in the market for electricity generated by wind farms and solar energy. Both Edison International ( EIX ) in California and Austin Energy buy from Avangrid. \""Avangrid has the balance sheet to support more renewable development using Iberdrola's expertise, says Gabelli's Winter, who counts this company among his favorite utilities. He's forecasting 8%-10% earnings growth. SEE ALSO: 10 Stock Picks That Hedge Funds Love the Most Dividend yield: 3.7% Speaking of Edison International (EIX, $60.67), shares of the California utility fell hard in December after wildfires broke out in the region. Investors fear it may face huge liabilities if the state finds that its power lines caused the fires. But the Edison share price decline may be a buying opportunity. \""Investors understandably are nervous,\"" says Morningstar analyst Travis Miller, but the stock decline is \""excessive\"" based on the potential liabilities. He concedes his 7% annual earnings and dividend growth projection may be at risk, but he's maintaining his $66 fair value estimate on the stock. Where's the growth coming from? California's utilities have an aging infrastructure and the state has set aggressive targets for renewable energy production. So Edison has plenty of investment opportunities to support growth. Shares of PG&E ( PCG ) have also fallen sharply because of potential fire-related liabilities. PG&E suspended its dividend in December to preserve cash, and the stock got hit even harder. By now, investors have overly discounted the potential damage, which makes PG&E a buy, believes Hugh Wynne of Sector & Sovereign Research, an independent research shop. \""There are lot of potentially mitigating circumstances,\"" says Wynne. The severe stock decline suggests investors assume PG&E will be found responsible for all of the fires, which may be a stretch, Wynne says. It also assumes negligence, which hasn't been demonstrated yet. Without a finding of negligence, PG&E may be able to pass the cost of fire related losses on to customers. Miller, at Morningstar, projects annual earnings growth of 6% over the next few years for PG&E, despite the potential impact from the wildfires. SEE ALSO: 10 Defense Stocks to Buy to Go on the Offensive Dividend yield: 4.5% Because cheap natural gas has driven down the cost of producing electricity, it's been tough for utilities operating expensive merchant nuclear power plants to sell power on the open markets. It makes sense to shut the plants down. That's exactly what Entergy ( ETF , $78.57) is doing. It plans to close its New York Indian Point and Michigan Palisades nuclear plants by 2021-22. That will pretty much turn Entergy into a fully regulated utility, which will guarantee a decent return on investment, instead of leaving margins to the vagaries of the market. What's more, Entergy serves customers in areas with decent economic growth, such as Louisiana, Mississippi and Texas, points out Kaser, at the Turnaround Letter. That makes Entergy an attractive investment for long-term investors, he says. He thinks the stock looks cheap here. Despite the big change in the business model, Entergy probably will continue to increase its dividend by around 3% a year, according to Morningstar analyst Charles Fishman. SEE ALSO: 7 Dividend Achievers With Big Income Potential Dividend yield: 2.9% For takeover potential in the utility section of your portfolio, consider natural gas utilities. These companies distribute natural gas to get it to end users. Southwest Gas ( SWX , $67.56), which serves 2 two million people in Arizona, Nevada, and California, also has an infrastructure construction division called Centuri Construction. Gas utilities are a play on the booming business of fracking. Producers continue to get better because of improved technology, so fracking costs keep coming down. This means more of it is produced. Natural gas demand growth should continue because it's viewed as a cleaner energy source for utilities than coal. \""Given the significant long-term demand for natural gas, most gas distribution utilities are highly coveted takeover targets,\"" Winter says. Southwest Gas is one of his favorites. Another is Spire ( SR ), which yields 3.5%. This company serves the St. Louis area and northern Alabama. It's been growing via acquisitions. Spire looks attractive in part because it trades at a discount to the group, Winter says. SEE ALSO: 20 of the Best Stocks You Haven't Heard Of Dividend yield: 4.4% Akron, Ohio-based FirstEnergy ( FE , $32.63) recently got a cash infusion from Elliott Management and some other investment shops. The plan is to give FirstEnergy the breathing room it needs to get out of its merchant energy business and become a 100% regulated transmission and distribution utility. That's a plan that McWey, at the Heartland Mid Cap Value Fund, can live with because it means FirstEnergy also will have the financial strength to upgrade Ohio's transmission infrastructure. \""It is comprised of a lot of little regional transmission lines,\"" says McWey. \""The need is there, and FirstEnergy's ability to invest has been constrained by its balance sheet. A lot of that got addressed with the strategic investment.\"" McWey thinks 5%-7% annual earnings growth and cost cutting will drive earnings to $2.25-$2.40 a share in 2020 and support a $40 stock price, compared to roughly $32 now. \""You'll collect a 4.4% annual dividend yield while you wait.\"" SEE ALSO: 9 High-Yield Dividend Stocks to Buy on the Dip Dividend yield: 3.3% When Fiat Chrysler ( FCAU ) announced in January it's moving some truck production to Michigan from Mexico, it was really just part of an ongoing trend. Manufacturing jobs have grown steadily in Michigan since the recession. That's good news for DTE Energy ( DTE , $102.57) which offers electricity and gas service in Michigan. The company also operates natural gas pipelines and storage in the Marcellus and Utica shale plays in Pennsylvania and West Virginia. The Michigan utility represents about 75% of earnings and the Marcellus business accounts for the rest, says William Costello, a portfolio manager at Westwood Funds, which holds this company. DTE is growing earnings at about 5%-7% a year, and is boosting its dividend by about 7% a year. Besides the ongoing growth, Costello likes the reliability of the management team. \""They have hit their numbers well,\"" he says. DTE has met or beaten guidance for 11 straight years. This kind of dependability is worth having exposure to, at a time when market volatility seems to be heating up. SEE ALSO: The 50 Best Stocks of All Time Michael Brush had no positions in any stocks mentioned in this column as of this writing. Brush is a Manhattan-based financial writer who publishes the stock newsletter Brush Up on Stocks. Brush has covered business for the New York Times and The Economist group, and he attended Columbia Business School in the Knight-Bagehot program. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-03-07,22.5921,22.6849,22.301,22.4534,"Westar Energy, Inc. (WR) Ex-Dividend Date Scheduled for March 08, 2018 Westar Energy, Inc. ( WR ) will begin trading ex-dividend on March 08, 2018. A cash dividend payment of $0.4 per share is scheduled to be paid on April 02, 2018. Shareholders who purchased WR prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $49.72, the dividend yield is 3.22%. The previous trading day's last sale of WR was $49.72, representing a -13.26% decrease from the 52 week high of $57.32 and a 5.65% increase over the 52 week low of $47.06. WR is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WR's current earnings per share, an indicator of a company's profitability, is $2.27. Zacks Investment Research reports WR's forecasted earnings growth in 2018 as 10.13%, compared to an industry average of 7.4%. For more information on the declaration, record and payment dates, visit the WR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to WR through an Exchange Traded Fund [ETF]? The following ETF(s) have WR as a top-10 holding: iShares Trust ( UTLF ) Vanguard S&P Mid-Cap 400 Value ETF ( IVOV ) ProShares Ultra Utilities ( UPW ). The top-performing ETF of this group is IVOV with an increase of 1.9% over the last 100 days. UTLF has the highest percent weighting of WR at 3.09%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-03-08,22.4759,22.8793,22.4035,22.8374,"Scana Corporation (SCG) Ex-Dividend Date Scheduled for March 09, 2018 Scana Corporation ( SCG ) will begin trading ex-dividend on March 09, 2018. A cash dividend payment of $0.613 per share is scheduled to be paid on April 01, 2018. Shareholders who purchased SCG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that SCG has paid the same dividend. The previous trading day's last sale of SCG was $41.64, representing a -41.58% decrease from the 52 week high of $71.28 and a 19.79% increase over the 52 week low of $34.76. SCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). SCG's current earnings per share, an indicator of a company's profitability, is -$.83. Zacks Investment Research reports SCG's forecasted earnings growth in 2018 as -27.5%, compared to an industry average of 4.3%. For more information on the declaration, record and payment dates, visit the SCG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to SCG through an Exchange Traded Fund [ETF]? The following ETF(s) have SCG as a top-10 holding: iShares Trust ( UTLF ) iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund ( IFGL ) iShares International Developed Property ETF ( WPS ) Vanguard Global ex-U.S. Real Estate ETF ( VNQI ) SPDR S&P Global Dividend ( WDIV ). The top-performing ETF of this group is WDIV with an increase of 1.2% over the last 100 days. UTLF has the highest percent weighting of SCG at 2.97%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-03-09,22.8598,22.9117,22.5648,22.8676,"[""Mid-Morning Market Update: Markets Open Higher; Finisar Earnings Miss Views Following the market opening Friday, the Dow traded up 0.66 percent to 25,058.55 while the NASDAQ climbed 0.77 percent to 7,485.51. The S&P also rose, gaining 0.76 percent to 2,759.89. Leading and Lagging Sectors Friday morning, the energy shares gained 1.04 percent. Meanwhile, top gainers in the sector included Enduro Royalty Trust (NYSE: NDRO ), up 9 percent, and CGG SA (ADR) (NYSE: CGG ), up 6 percent. In trading on Friday, utilities shares fell 0.16 percent. Meanwhile, top losers in the sector included SCANA Corporation (NYSE: SCG ), down 3 percent, and Exelon Corporation (NYSE: EXC ) down 1 percent. Top Headline Finisar Corporation (NASDAQ: FNSR ) reported downbeat results for its third quarter and issued weak guidance on Thursday. Adjusted earnings came in at 20 cents per share, missing estimates by 3 cents. Sales fell short of estimates by $1 million, coming in at $332 million. The company also guided its fiscal fourth quarter EPS and revenue below the Street's expectations. Equities Trading UP Party City Holdco Inc (NYSE: PRTY ) shares shot up 12 percent to $16.25 after the company posted better-than-expected quarterly results. Shares of Coherus Biosciences Inc (NASDAQ: CHRS ) got a boost, shooting up 22 percent to $11.07 following Q4 results. Coherus BioSciences reported a Q4 loss of $0.84 per share. PDL BioPharma Inc (NASDAQ: PDLI ) shares were also up, gaining 12 percent to $2.96 as the company reported upbeat earnings for its fourth quarter on Thursday. Equities Trading DOWN Autoweb Inc (NASDAQ: AUTO ) shares dropped 38 percent to $4.23 following a fourth quarter sales miss. Adjusted earnings came in at a penny, down from 35 cents per share in the same quarter of last year. It was also announced company CEO Jeff Coats and CFO Kimberly Boren are stepping down. Wesley Ozima was named interim CEO. Shares of Sunesis Pharmaceuticals, Inc. (NASDAQ: SNSS ) were down 33 percent to $4.93. Sunesis Pharma reported a Q4 loss of $0.21 per share. VolitionRX Ltd (NYSE: VNRX ) was down, falling around 17 percent to $2.39 after the company disclosed a proposed offering of common stock. Commodities In commodity news, oil traded up 1.18 percent to $60.83 while gold traded down 0.32 percent to $1,317.50. Silver traded down 0.30 percent Friday to $16.45, while copper rose 0.75 percent to $3.102. Eurozone European shares were mixed today. The eurozone's STOXX 600 climbed 0.05 percent, the Spanish Ibex Index rose 0.05 percent, while Italy's FTSE MIB Index declined 0.18 percent. Meanwhile the German DAX declined 0.46 percent, and the French CAC 40 fell 0.01 percent while U.K. shares rose 0.22 percent. Economics The U.S. economy added 313,000 new jobs in February. However, economists were expecting a gain of 222,000 jobs. The unemployment rate was unchanged at 4.1 percent for February. U.S. wholesale inventories rose 0.80 percent for January, versus economists' expectations for a 0.70 percent gain. Chicago Federal Reserve Bank President Charles Evans is set to speak in a live interview at 10:45 a.m. ET. Chicago Federal Reserve Bank President Charles Evans will speak in New York at 12:45 p.m. ET. The Baker Hughes North American rig count report for the latest week is schedule for release at 1:00 p.m. ET. \u00a9 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Profit with More New & Research . Gain access to a streaming platform with all the information you need to invest better today. Click here to start your 14 Day Trial of Benzinga Professional The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Is Exelon (EXC) Up 1.9% Since Its Last Earnings Report? A month has gone by since the last earnings report for Exelon CorporationEXC . Shares have added about 1.9% in that time frame. Will the recent positive trend continue leading up to its next earnings release, or is EXC due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Exelon Lags Q4 Earnings Estimates, Gives 2018 Guidance Exelon Corporation's fourth-quarter 2017 operating earnings of 55 cents per share lagged the Zacks Consensus Estimate of 62 cents by 11.3%. However, quarterly earnings were 25% higher than the year-ago figure of 44 cents. On a GAAP basis, quarterly earnings were $1.94 per share compared with 22 cents in the year-ago quarter. The difference between GAAP and Operating earnings in the reported quarter was due to some one-time gains and losses. Total Revenues Exelon's operating revenues of $8,381 million surpassed the Zacks Consensus Estimate of $7,596 million by 10.3%. Quarterly revenues also improved 6.4% from $7,895 million reported in the year-ago quarter. Quarterly Highlights Exelon's total operating expenses increased 3.7% year over year to $7,336 million. The rise was primarily due to higher purchasing power and fuel expenses, and operating and maintenance expenses. Interest expenses were $365 million compared with $356 million in the year-ago quarter. Hedges Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Dec 31, 2017, was 85-88% for 2018, 55-58% for 2019, and 26-29% for 2020. Guidance Exelon provided 2018 earnings guidance per share in the range of $2.90-$3.20. The guidance takes into consideration the benefits of U.S. tax reform and strong utility growth among others. The company plans to invest a total of $21 billion to strengthen its existing infrastructure in the next few years. The capital expenditure and tax reforms are expected to drive annual rate base growth of 7.4% through 2021, exceeding growth expectations of 6.5% for 2017-2020 projected a year ago. How Have Estimates Been Moving Since Then? It turns out, fresh estimates have trended upward during the past month. There have been two revisions higher for the current quarter In the past month, the consensus estimate has shifted by 16.8% due to these changes. Exelon Corporation Price and Consensus Exelon Corporation Price and Consensus | Exelon Corporation Quote VGM Scores At this time, EXC has a subpar Growth Score of D, a grade with the same score on the momentum front. However, the stock was allocated a grade of A on the value side, putting it in the top 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. The company's stock is suitable solely for value based on our styles scores. Outlook Estimates have been trending upward for the stock and the magnitude of these revisions looks promising. It comes with little surprise EXC has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Tax Reforms to Benefit Southern Company's (SO) Customers Power supplier Southern Company 's SO subsidiary, Georgia Power's customers are expected to gain from the federal Tax Reform Legislation passed in December 2017. The cutback in the federal corporate income tax rate to 21% from 35% is likely to result in a savings of $1.2 billion for the Georgia Power customers. The savings would take place over the next two years. Georgia Public Service Commission (\""PSC\"") has also confirmed the benefits as part of the agreement with Georgia Power. The legislative reform will lower the taxes by $130 million on financing costs of the company's controversial Vogtle Plant. It would also result in $330 million of direct credits to customers over the next two years. Additionally, it will include $700 million in future benefits to be incorporated in Georgia Power's next rate case. The lower tax rate is likely to result in a residential customer (consuming an average of 1,000 kilowatt-hours per month) to receive around $70 per month in refunds over the two-year period. Early this year, Georgia Power announced a cost reduction of $139 million for its consumers in 2018 related to the Vogtle expansion. Effective from April, the customers will pay $2.70 less than expected per month in financing costs for the Vogtle project. Zacks Rank and Key Picks Southern Company carries a Zacks Rank #4 (Sell). The continued timing and cost overrun issues over two large construction projects - Vogtle and Kemper - is set to put pressure on the stocking in the coming periods. Southern Company (The) Price Southern Company (The) Price | Southern Company (The) Quote Meanwhile, a few better-ranked electric utilities worth considering include CenterPoint Energy, Inc. CNP , Dynegy Inc. DYN and Exelon Corporation EXC , each holding a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here. CenterPoint surpassed earnings estimates in three of the last four quarters, with an average beat of 11.5%. Dynegy expects to witness a year-over-year increase of 354.5% in its earnings in 2018. Exelon expects to witness a year-over-year increase of 18.08% in its earnings in 2018. Don't Even Think About Buying Bitcoin Until You Read This The most popular cryptocurrency skyrocketed last year, giving some investors the chance to bank 20X returns or even more. Those gains, however, came with serious volatility and risk. Bitcoin sank 25% or more 3 times in 2017. Zacks' has just released a new Special Report to help readers capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 4 crypto-related stocks now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Dynegy Inc. (DYN): Free Stock Analysis Report Southern Company (The) (SO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-03-12,22.897,22.9575,22.6966,22.8852,
EXC,2018-03-13,22.9711,23.19,22.6879,22.8305,"[""Entergy Gets City Council's Nod to Build 128MW Power Plant Entergy Corp. 's ETR subsidiary, Entergy New Orleans, has recently received the New Orleans City Council's approval to construct a natural-gas fired power plant in the city. Notably, this latest development is in sync with the company's efforts to include renewable energy in its generation resource portfolio for diversification. About the Plant The New Orleans power station, composed of seven natural gas-fired reciprocating engines, comes with an electricity generation capacity worth 128 megawatt (MW). Entergy expects the plant to commence its services by January 2020. Entergy will invest $210 million in this project, which includes transmission and other project-related costs and contingency. Moreover, it expects to issue a full notice to proceed to the engineering, procurement and construction contractor by end of March 2018. Impressively, the reciprocating engines installed in this plant have self-start capability, thus enabling the company to start the unit even when there is no power on the electric grid. These engines will also help in grid stability and storm restoration by providing a local source of power generation. Markedly, the New Orleans Power Station will use minimal groundwater. Economic Benefits of the Plant Apart from generating clean energy, the power plant will help in boosting New Orleans' economic development. According to Louisiana economist, Dr. Loren Scott, the plant's construction phase will generate new business sales worth $206 million in Orleans Parish and new household earnings worth more than $28 million in for parish residents. Moreover, during the construction, an average of 92 people will get employment per year while the Orleans Parish treasury will gain approximately $1 million in the form of new sales taxes into. On completion, the plant will employ approximately 20 people. Our View After realizing the fact that alternative energy sources like solar, wind and natural gas are important for future, many electric utilities have started restructuring their generation resource portfolio to include renewable energy. In this context, Entergy is no exception. In fact, we believe the New Orleans power plant is part of the company's commitment toward pursuing up to 100 MW of renewable resources to serve its New Orleans customers, which account for more than 20,000 individuals. Notably, retail sales of electricity in Louisiana, the state in which New Orleans resides, are among the highest in the United States. Per a U.S. Energy Information Administration (\""EIA\"") report, total renewables used in the electric power sector are projected to increase 41% in 2018. Naturally, electricity providers will try to make most of this opportunity and enhance their renewable resource portfolio in this state. Therefore, in line with this, the construction of the natural-gas fired power plant seems to be a strategically efficient decision by Entergy. Furthermore, with Louisiana being one of the top five natural gas-producing states in the country, the New Orleans plant is expected to never run out of natural-gas reserve. This will allow Entergy to cater to the growing demand for electricity in the city and in turn boost its profit margin. Price Movement In a year's time, Entergy's shares have gained 4.2% against the broader industry 's decline of 3.7%. The outperformance can be attributed to the company's disciplined investment in growth projects for the modernization of grid along with evolving customer demand and regulatory support to recover investments. Zacks Rank & Key Picks Entergy has a Zacks Rank #3 (Hold). Some better-ranked stocks in the same industry are CenterPoint Energy CNP , Exelon EXC and NextEra Energy NEE . While CenterPoint Energy sports a Zacks Rank#1 (Strong Buy), Exelon and NextEra Energy carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here . CenterPoint Energy pulled off an average positive earnings surprise of 11.50% in the last four quarters. The Zacks Consensus Estimate for 2018 earnings moved up 14 cents over the past 90 days. Exelon boasts a long-term earnings growth rate of 5%. The Zacks Consensus Estimate for 2018 earnings climbed 15 cents over the past 90 days. NextEra Energy posted an average positive earnings surprise of 4.75% in the last four quarters. The Zacks Consensus Estimate for 2018 earnings moved north 49 cents over the past 90 days. Zacks Top 10 Stocks for 2018 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2018? Last year's 2017 Zacks Top 10 Stocks portfolio produced double-digit winners, including FMC Corp. and VMware which racked up stellar gains of +67.9% and +61%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don't miss your chance to get in on these long-term buys. Access Zacks Top 10 Stocks for 2018 today >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Entergy Corporation (ETR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Xcel Energy Inc. (XEL) Ex-Dividend Date Scheduled for March 14, 2018 Xcel Energy Inc. ( XEL ) will begin trading ex-dividend on March 14, 2018. A cash dividend payment of $0.38 per share is scheduled to be paid on April 20, 2018. Shareholders who purchased XEL prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.56% increase over prior dividend payment. The previous trading day's last sale of XEL was $43.66, representing a -16.39% decrease from the 52 week high of $52.22 and a 5.18% increase over the 52 week low of $41.51. XEL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). XEL's current earnings per share, an indicator of a company's profitability, is $2.26. Zacks Investment Research reports XEL's forecasted earnings growth in 2018 as 5.92%, compared to an industry average of 5.2%. For more information on the declaration, record and payment dates, visit the XEL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to XEL through an Exchange Traded Fund [ETF]? The following ETF(s) have XEL as a top-10 holding: Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ). The top-performing ETF of this group is RYU with an decrease of -7.25% over the last 100 days. It also has the highest percent weighting of XEL at 0.03%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-03-14,22.8745,23.2214,22.8745,23.0669,
EXC,2018-03-15,23.0669,23.3005,22.9868,23.0933,"Genie Energy Ltd. (GNE) Ex-Dividend Date Scheduled for March 16, 2018 Genie Energy Ltd. ( GNE ) will begin trading ex-dividend on March 16, 2018. A cash dividend payment of $0.075 per share is scheduled to be paid on March 23, 2018. Shareholders who purchased GNE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that GNE has paid the same dividend. The previous trading day's last sale of GNE was $4.94, representing a -40.54% decrease from the 52 week high of $8.31 and a 20.78% increase over the 52 week low of $4.09. GNE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). GNE's current earnings per share, an indicator of a company's profitability, is -$.36. For more information on the declaration, record and payment dates, visit the GNE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to GNE through an Exchange Traded Fund [ETF]? The following ETF(s) have GNE as a top-10 holding: iShares MSCI New Zealand ETF ( ENZL ). The top-performing ETF of this group is ENZL with an increase of 4.55% over the last 100 days. It also has the highest percent weighting of GNE at 1.95%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-03-16,23.147,23.5018,23.1089,23.4051,"[""5 Chicago Stocks You Should Know About Chicago is the third largest city in the U.S., and it has one of the most diverse business climates that you'll find in an American metropolitan area. From its roots as a hub of agriculture and transportation, Chicago has grown into a true giant of industry, attracting businesses of all kinds. For those who don't find either coast attractive, the city is a natural place to set up shop. Chicago serves as a key center of commerce for hundreds of miles in all directions, and its international renown makes it a popular place for tourists and global business leaders alike. Below, we'll look more closely at some of the biggest companies that call Chicago home and what prospects they have to continue to grow. Top Chicago stocks Data source: Yahoo! Finance. From agrarian roots Many of the businesses located in Chicago owe their initial success to agriculture. Archer-Daniels-Midland is the company most directly connected to agriculture, buying and transporting crops from farms across the world and transforming them into a wide variety of different products. In addition to producing food for both human and animal consumption, ADM has evolved into a major producer of the ethanol that gets mixed into gasoline, making it a key player in the energy market. The ag giant also makes a range of chemicals for industrial use, including ingredients that go into popular personal-care products as well as water-repellant vegetable oils for use as wood coatings. Other businesses have evolved well beyond agriculture to serve a broader purpose. For CME Group, the name of the company points to its origin as the Chicago Mercantile Exchange, which was one of the first commodities exchanges. Originally set up to trade butter and eggs, the CME now offers futures and options on a wide variety of agricultural and other commodities as well as financial instruments and even cryptocurrencies . Even now, the CME features corn and soybean futures among its top featured products. Northern Trust has undergone a similar evolution. Founded in the late 19th century, Northern Trust initially served the local citizens of the region, many of whom owed their wealth to agrarian businesses. Yet the bank took advantage of the 1893 World's Fair to go beyond its local roots, serving the international customers who visited the event. Expansion into the underwriting of municipal bonds helped give Northern Trust more diversification , and today, the company has a strong reputation for providing wealth and asset management services to individual and institutional clients across the globe. Beyond the farm It would be a mistake to dismiss Chicago as having only agricultural businesses. With a wealth of resources and talent, the Windy City has spawned plenty of businesses in different industries and attracted its fair share of newcomers from the outside. Exelon, for instance, has become one of the most important energy providers in the nation, operating a fleet of nuclear power plants to drive its network of power generation, transmission, and delivery assets. The company's Commonwealth Edison unit has historically provided primary electric power to the Chicagoland area. As a key player in competitive energy distribution, Exelon now provides power across North America, and investors benefit from having both regulated utility exposure along with the growth potential that its competitive assets give the power company. Finally, the biggest company on the list is a relative newcomer to the region. Boeing came to prominence in the Pacific Northwest, but the aerospace giant chose to move its corporate headquarters from Seattle to Chicago in 2001. The city and the state of Illinois offered extensive incentives to Boeing to do so, including state tax and other incentives along with municipal property tax abatements. For its part, Boeing said that having its headquarters separate from its production facilities, which largely remained in the Seattle area, would help the company grow more robustly. Few investors can complain about the results . The city on the shore Chicago has a feel unlike any other city, and that flavor shows up not just in the people who call it home, but also in the businesses that choose to operate there. Keep your eye on these five companies, because they all have the potential to keep building on a strong foundation of growth and prosperity in the future. 10 stocks we like better than CME Group When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and CME Group wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of March 5, 2018 Dan Caplinger owns shares of Boeing. The Motley Fool owns shares of and recommends CME Group. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Bullish Two Hundred Day Moving Average Cross - EXC In trading on Friday, shares of Exelon Corp (Symbol: EXC) crossed above their 200 day moving average of $38.34, changing hands as high as $38.50 per share. Exelon Corp shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $33.30 per share, with $42.67 as the 52 week high point - that compares with a last trade of $38.42. EXC makes up 7.58% of the iShares Edge MSCI Multifactor Utilities ETF (Symbol: UTLF) Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-03-19,23.4334,23.5174,23.1178,23.3053,
EXC,2018-03-20,23.3493,23.532,23.2614,23.3601,"After Hours Most Active for Mar 20, 2018 : F, BAC, SAN, EXC, CSCO, MU, PFE, JD, MDLZ, V, QQQ, QCOM The NASDAQ 100 After Hours Indicator is up 5.93 to 6,891.85. The total After hours volume is currently 55,563,762 shares traded. The following are the most active stocks for the after hours session : Ford Motor Company ( F ) is +0.01 at $11.00, with 10,307,861 shares traded. F's current last sale is 81.48% of the target price of $13.5. Bank of America Corporation ( BAC ) is +0.05 at $32.03, with 3,040,085 shares traded. BAC's current last sale is 97.06% of the target price of $33. Banco Santander, S.A. ( SAN ) is unchanged at $6.62, with 2,722,564 shares traded. SAN's current last sale is 88.27% of the target price of $7.5. Exelon Corporation ( EXC ) is -0.0159 at $38.29, with 2,645,498 shares traded. As reported by Zacks, the current mean recommendation for EXC is in the ""buy range"". Cisco Systems, Inc. ( CSCO ) is +0.02 at $44.39, with 2,553,203 shares traded. Over the last four weeks they have had 9 up revisions for the earnings forecast, for the fiscal quarter ending Apr 2018. The consensus EPS forecast is $0.59. As reported by Zacks, the current mean recommendation for CSCO is in the ""buy range"". Micron Technology, Inc. ( MU ) is +0.02 at $61.17, with 2,339,008 shares traded.MU is scheduled to provide an earnings report on 3/22/2018, for the fiscal quarter ending Feb2018. The consensus earnings per share forecast is 2.69 per share, which represents a 77 percent increase over the EPS one Year Ago Pfizer, Inc. ( PFE ) is -0.02 at $36.31, with 2,146,508 shares traded. As reported by Zacks, the current mean recommendation for PFE is in the ""buy range"". JD.com, Inc. ( JD ) is +0.01 at $44.01, with 1,628,450 shares traded. As reported by Zacks, the current mean recommendation for JD is in the ""buy range"". Mondelez International, Inc. ( MDLZ ) is +0.01 at $42.36, with 1,544,918 shares traded. As reported by Zacks, the current mean recommendation for MDLZ is in the ""buy range"". Visa Inc. ( V ) is +0.02 at $124.93, with 1,525,938 shares traded. V's current last sale is 89.24% of the target price of $140. PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.26 at $167.91, with 1,346,763 shares traded. This represents a 29.76% increase from its 52 Week Low. QUALCOMM Incorporated ( QCOM ) is -0.01 at $58.25, with 1,346,210 shares traded. QCOM's current last sale is 83.21% of the target price of $70. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-03-21,23.3934,23.618,23.1423,23.2154,
EXC,2018-03-22,23.2331,23.831,23.2331,23.3981,
EXC,2018-03-23,23.4285,23.5262,22.9458,22.9956,
EXC,2018-03-26,23.1119,23.2702,23.0191,23.2331,"5 Stocks With Strikingly Low EV/EBITDA Ratios to Own Now Investors typically have a fixation for the price-to-earnings (P/E) strategy in their quest for stocks that are trading at bargain prices. A widely favored approach by value investors is to chase stocks that have a low P/E ratio. But even this straightforward, broadly used valuation metric suffers a few downsides. EV/EBITDA is a Better Approach, Here's Why While P/E is preferred by many investors while uncovering bargain stocks, another valuation metric called EV/EBITDA does a better job. The ratio is often viewed as a better option as it offers a clearer picture of a company's valuation and earnings potential. Unlike P/E that solely considers a company's equity portion, EV/EBITDA determines its total value. EV/EBITDA is the enterprise value (EV) of a stock divided by its earnings before interest, taxes, depreciation and amortization (EBITDA). EV is the sum of a company's market capitalization, its debt and preferred stock minus cash and cash equivalents. In a nutshell, it is the entire value of a company. EBITDA, the other element, gives a true reflection of a company's profitability as it removes the impact of non-cash expenses like depreciation and amortization that dilute net earnings. It is also often used as a proxy for cash flows. Typically, the lower the EV/EBITDA ratio, the better it is. A low EV/EBITDA ratio could signal that a stock is potentially undervalued. EV/EBITDA takes into account the debt on a company's balance sheet which the P/E ratio does not. For this reason, EV/EBITDA is generally used to value potential acquisition targets as it shows the amount of debt the acquirer has to assume. Stocks with a low EV/EBITDA multiple could be seen as attractive takeover candidates. Another limitation of P/E is that it can't be used to value a loss-making entity. A firm's earnings are also subject to accounting estimates and management manipulation. On the other hand, EV/EBITDA is difficult to manipulate and also can be used to value entities that have negative net earnings but are positive on the EBITDA front. EV/EBITDA is also a useful tool in assessing the value of firms that are highly leveraged and have a high degree of depreciation. It also can be used to compare companies with different levels of debt. But EV/EBITDA has its downsides too. It varies across industries and is generally not appropriate while comparing stocks in different industries given their diverse capital spending requirements. Thus, a strategy only based on EV/EBITDA might not fetch the desired outcome. But you can combine it with other major ratios such as price-to-book (P/B), P/E and price-to-sales (P/S) to screen value stocks. Screening Criteria Here are the parameters to screen for value stocks: EV/EBITDA 12 Months-Most Recent less than X-Industry Median: A lower EV/EBITDA ratio represents a cheaper valuation. P/E using (F1) less than X-Industry Median: This metric screens stocks that are trading at a discount to their peers. P/B less than X-Industry Median: A lower P/B compared with the industry average implies that the stock is undervalued. P/S less than X-Industry Median: The lower the P/S ratio the more attractive the stock is as investors will have to pay a smaller price for the same amount of sales generated by the company. Estimated One-Year EPS Growth F(1)/F(0) greater than or equal to X-Industry Median: This parameter will help in screening stocks that have growth rates higher than the industry median. This is a meaningful indicator as decent earnings growth always adds to investor optimism. Average 20-day Volume greater than or equal to 100,000: The addition of this metric ensures that shares can be traded easily. Current Price greater than or equal to $5: This parameter will help in screening stocks that are trading at a minimum price of $5 or higher. Zacks Rank less than or equal to 2: No screening is complete without the Zacks Rank, which has proven its worth since inception. It is a fundamental truth that stocks with a Zacks Rank #1 (Strong Buy) or 2 (Buy) have always managed to beat adversities and outperform the market. Value Score of less than or equal to B: Our research shows that stocks with a Value Score of A or B when combined with a Zacks Rank #1 or 2 offer the best upside potential. Here are five of the 15 stocks that passed the screen: Verso CorporationVRS produces coated freesheet, coated ground wood and uncoated super calendared papers and pulp. This Zacks Rank #1 stock has an expected year-over-year earnings growth rate of 434.7% for 2018 and a Value Score of A. Covenant Transportation Group, Inc.CVTI is a truckload carrier that offers just-in-time and other premium transportation service throughout the United States. This Zacks Rank #1 stock has an expected year-over-year earnings growth rate of 116.7% for 2018 and a Value Score of A. You can see the complete list of today's Zacks #1 Rank stocks here . Darling Ingredients Inc.DAR is a provider of rendering, cooking oil and bakery waste recycling and recovery solutions. The stock has an expected year-over-year earnings growth rate of 316.7% for 2018. It currently has a Value Score of A and a Zacks Rank #2. Ingles Markets, Inc.IMKTA is a leading supermarket chain with operations in Southeast United States. This Zacks Rank #2 stock has an expected earnings per share (EPS) growth rate of 3.2% for three to five years and a Value Score of B. Exelon CorporationEXC is a utility services holding company. This Zacks Rank #2 stock has an expected year-over-year earnings growth rate of 18.1% for 2018. It also has a Value Score of B. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance . Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free » Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Covenant Transportation Group, Inc. (CVTI): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Verso Corporation (VRS): Free Stock Analysis Report Ingles Markets, Incorporated (IMKTA): Free Stock Analysis Report Darling Ingredients Inc. (DAR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-03-27,23.2584,23.6913,23.1666,23.4598,
EXC,2018-03-28,23.5262,23.7626,23.4528,23.5018,
EXC,2018-03-29,23.6659,23.9776,23.6365,23.789,
EXC,2018-04-02,23.8427,23.8798,23.152,23.3317,
EXC,2018-04-03,23.325,23.7383,23.2829,23.6307,
EXC,2018-04-04,23.574,23.659,23.325,23.6474,
EXC,2018-04-05,23.659,23.8554,23.4217,23.7822,
EXC,2018-04-06,23.7694,23.8368,23.4431,23.5564,
EXC,2018-04-09,23.6063,23.7166,23.4725,23.532,"Vexed by a Rocky Market? 5 Low-Beta Utility Picks to Rescue The lull in the markets with sporadic price swings is over. This year, the U.S. stock market has seen three of the Dow's major daily point drop in its 122-year history, including the 1,175-point record fall on Feb 5. Last Friday's 572-point collapse has been another nail in the coffin. The U.S. stocks are witnessing massive volatility as investors apprehend a trade war from the bitter exchanges between the Unites States and China over tariffs. Hedge Against Uncertainty In an attempt to calm investors' frayed nerves, selecting stocks from the defensive utility space seems prudent. Rising urbanization and an ever-expanding global population show how indispensable electricity and utility services are with basically no viable substitute. This lends revenues and cash flow of such companies a high level of stability and visibility. Utilities have long been a staple for low-risk income investors. This is specifically true for those that live off dividends during retirement as most utilities have long track records of highly secure and gradually growing dividends, courtesy of their stable cash flows. In fact, in the recent tumultuous times, the Dow Jones Utility Average index has gained 2.9% in the past month against 5.5% decline of the Dow and 6.5% fall of the S&P 500. Should a Rate Hike Vex Investors? In the past decade, record low interest rates have acted as a tailwind, helping electric, water, and gas companies borrow at reduced interest rates. On Mar 21, the Federal Reserve or Fed has raised its benchmark interest rate by a quarter point to the range of 1.5% to 1.75% in its first policy meeting under the new chief Jerome Powell. This is the sixth time since the first hike was announced in December 2015 when the U.S. economy had pulled itself out of the Great Recession. The central bank also indicated that there will be at least two more hikes in 2018, highlighting its rising confidence that tax cuts and government spending will boost the economy. Interest rates are now rising and as the pace of increases will potentially accelerate in the coming years, many investors are worried about how utilities will do in the days ahead. Rising rates could drive financing costs and reduce their appeal as dividend investments. Although it is true that utilities are likely to face the above-mentioned headwinds, it doesn't mean that there is a dearth of long-term opportunities in this sector. Here, investors need to understand the underlying quality of the utility stocks they own. The best utility companies in a higher interest rate environment are those that are able to gain regulatory approval to bump up the rates they charge from customers. Per the latest report from the U.S. Energy Information Administration, the annual average U.S. residential electricity price is expected to increase 2.1% in 2018 and 3% in 2019. Electricity prices are also projected to increase in the commercial and industrial sectors. This will surely give a boost to electric utility operators as such a price surge will drive profits for utilities and enhance dividend payouts. Again, President Trump's repeal of the regulations (as imposed by President Obama) on economic growth grounds are expected to give a new lease of life to utilities that produce a major part of their electricity from coal. After all, Coal still accounts for nearly 30% of the electricity produced in the United States. Meanwhile, the utility sector is undergoing a massive transition with more focus on clean energy generation. The relaxed emission regulations under the Trump administration are likely to act as a driving factor for the sector. Stable operations, highly visible revenues and cash flows, combined with the sector's income/yield attributes are some of its key features. There has been increasing focus on electricity storage facilities that will provide more support to the grid during peak demand period. Utilities are also regularly investing in infrastructure to better serve customers. Investing in Utilities: Our Choices Utility stocks with a low beta make for a judicious investment approach at this time. Beta, also known as the beta coefficient, measures the volatility of a stock in comparison to broader markets. It measures the extent to which a stock's return may be affected or how much the price can fluctuate owing to market conditions. Stocks having a beta ranging from 0 to 1 mainly show less volatility than the broader markets. So, risk-averse investors would prefer to neutralize losses with low correlation beta as they are less prone to day-to-day fluctuations. For these investors, we have handpicked five low-beta stocks that also carry a favorable rank, making them potential investment options. These stocks carry either a Zacks Rank #1 (Strong Buy) or 2 (Buy) as we expect them to outperform peers in the near future. You can see the complete list of today's Zacks #1 Rank stocks here . For further screening, investors may opt for a comprehensive dividend yield of more than 3%. Just Energy Group Inc.JE is engaged in the sale of natural gas and/or electricity to residential and commercial customers under long-term fixed-price and price-protected contracts. Zacks Rank #1 Beta = 0.79 Dividend Yield = 8.68% Headquartered in Houston, TX, CenterPoint Energy Inc.CNP is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. Zacks Rank #1 Beta = 0.49 Dividend Yield = 4.13% Chicago, IL-based Exelon CorporationEXC is a utility services holding company. Exelon continues with its hedging program to manage market risks. Strong cash flow generation capacity will help it lower debt levels and return more to shareholders. Zacks Rank #2 Beta = 0.16 Dividend Yield = 3.57% Based in Sioux Falls, South Dakota, NorthWestern CorporationNWE provides electricity and natural gas to residential, commercial, and industrial customers. Zacks Rank #2 Beta = 0.23 Dividend Yield = 4.08% OGE Energy Corp.OGE is Oklahoma's largest electric utility. The company's well-positioned regulated utility and unregulated midstream gas businesses continue to offset the prevailing headwinds. Zacks Rank #2 Beta = 0.67 Dividend Yield = 4.11% Zacks Editor-in-Chief Goes """"All In"""" on This Stock Full disclosure, Kevin Matras now has more of his own money in one particular stock than in any other. He believes in its short-term profit potential and also in its prospects to more than double by 2019. Today he reveals and explains his surprising move in a new Special Report. Download it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report NorthWestern Corporation (NWE): Free Stock Analysis Report OGE Energy Corporation (OGE): Free Stock Analysis Report Just Energy Group, Inc. (JE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-04-10,23.5262,23.6913,23.4217,23.5809,
EXC,2018-04-11,23.5682,23.5682,23.4108,23.4655,
EXC,2018-04-12,23.2448,23.4979,22.8383,23.0269,"Thursday Sector Laggards: Utilities, Energy The worst performing sector as of midday Thursday is the Utilities sector, showing a 1.3% loss. Within that group, Exelon Corp (Symbol: EXC) and NRG Energy Inc (Symbol: NRG) are two of the day's laggards, showing a loss of 2.4% and 1.8%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 1.3% on the day, and down 5.47% year-to-date. Exelon Corp, meanwhile, is down 3.79% year-to-date, and NRG Energy Inc is up 5.72% year-to-date. Combined, EXC and NRG make up approximately 7.2% of the underlying holdings of XLU. The next worst performing sector is the Energy sector, not showing much of a gain. Among large Energy stocks, Newfield Exploration Co (Symbol: NFX) and Andeavor (Symbol: ANDV) are the most notable, showing a loss of 3.0% and 2.7%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF ( XLE ), which is up 0.1% in midday trading, and down 1.47% on a year-to-date basis. Newfield Exploration Co, meanwhile, is down 18.06% year-to-date, and Andeavor, is down 3.21% year-to-date. Combined, NFX and ANDV make up approximately 1.6% of the underlying holdings of XLE. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Thursday. As you can see, seven sectors are up on the day, while one sector is down. 10 ETFs With Stocks That Insiders Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-04-13,23.2097,23.6122,23.191,23.3797,"[""Mid-Morning Market Update: Markets Mostly Flat; Citigroup Earnings Beat Expectations Following the market opening Friday, the Dow traded down 0.02 percent to 24,477.00 while the NASDAQ declined 0.1 percent to 7,133.20. The S&P also rose, gaining 0.03 percent to 2,664.85. Leading and Lagging Sectors Friday morning, the utilities shares climbed 0.83 percent. Meanwhile, top gainers in the sector included Spark Energy, Inc. (NASDAQ: SPKE ), up 3 percent, and Exelon Corporation (NYSE: EXC ), up 2 percent. In trading on Friday, financial shares fell 0.27 percent. Top Headline Citigroup Inc (NYSE: C ) reported better-than-expected profit for its first quarter. The company said it earned $1.68 per share in the first quarter on revenue of $18.9 billion versus expectations of $1.61 per share on revenue of $18.86 billion. Equities Trading UP Pulse Biosciences, Inc. (NASDAQ: PLSE ) shares shot up 12 percent to $20.34 after the company disclosed positive results from its first multi-center study of NPS technology for seborrheic keratosis lesions. Shares of Net Element, Inc. (NASDAQ: NETE ) got a boost, shooting up 7 percent to $8.633 after gaining 8.93 percent on Thursday. First Republic Bank (NYSE: FRC ) shares were also up, gaining 3 percent to $93.06 after reporting upbeat quarterly earnings. Equities Trading DOWN SemiLEDs Corporation (NASDAQ: LEDS ) shares dropped 27 percent to $4.00. SemiLEDs posted a Q2 net loss of $0.32 per share, versus a year-ago net loss of $0.11 per share. Its revenue fell 23 percent to $1.5 million. Shares of EyeGate Pharmaceuticals, Inc. (NASDAQ: EYEG ) were down 21 percent to $0.30. EyeGate Pharma priced its 35.16 million share offering at $0.32 per share. Sphere 3D Corp. (NASDAQ: ANY ) was down, falling around 45 percent to $0.605 after the company reported pricing of $2.3 million public offering of common stock and warrants. Commodities In commodity news, oil traded down 0.18 percent to $66.95 while gold traded down 0.23 percent to $1,338.80. Silver traded up 0.01 percent Friday to $16.475, while copper rose 0.52 percent to $3.0795. Eurozone European shares were higher today. The eurozone's STOXX 600 rose 0.43 percent, the Spanish Ibex Index rose 0.86 percent, while Italy's FTSE MIB Index surged 0.35 percent. Meanwhile the German DAX gained 0.75 percent, and the French CAC 40 rose 0.43 percent while U.K. shares rose 0.12 percent. Economics The University of Michigan's consumer sentiment index declined to 97.8 in April, versus 101.4 in March. Economists projected a reading of 101. U.S. job openings slipped to 6.05 million, compared to 6.23 million in January. The Baker Hughes North American rig count report for the latest week is schedule for release at 1:00 p.m. ET. Dallas Federal Reserve Bank President Robert Kaplan is set to speak in Odessa, Texas at 1:00 p.m. ET. \u00a9 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Profit with More New & Research . Gain access to a streaming platform with all the information you need to invest better today. Click here to start your 14 Day Trial of Benzinga Professional The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Friday Sector Leaders: Energy, Utilities Looking at the sectors faring best as of midday Friday, shares of Energy companies are outperforming other sectors, up 1.5%. Within that group, Apache Corp (Symbol: APA) and Marathon Oil Corp. (Symbol: MRO) are two large stocks leading the way, showing a gain of 4.2% and 4.1%, respectively. Among energy ETFs , one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is up 1.3% on the day, and down 0.28% year-to-date. Apache Corp, meanwhile, is down 2.25% year-to-date, and Marathon Oil Corp. is up 8.74% year-to-date. Combined, APA and MRO make up approximately 2.3% of the underlying holdings of XLE. The next best performing sector is the Utilities sector, up 1.0%. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and PG&E Corp (Symbol: PCG) are the most notable, showing a gain of 1.9% and 1.8%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF ( XLU ), which is up 1.0% in midday trading, and down 4.54% on a year-to-date basis. Exelon Corp, meanwhile, is down 1.50% year-to-date, and PG&E Corp is up 1.32% year-to-date. Combined, EXC and PCG make up approximately 9.4% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, six sectors are up on the day, while three sectors are down. 10 ETFs With Stocks That Insiders Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-04-16,23.49,23.5897,23.3377,23.532,
EXC,2018-04-17,23.5995,23.8798,23.5506,23.8241,
EXC,2018-04-18,23.8915,24.1104,23.745,23.745,
EXC,2018-04-19,23.7236,23.8007,23.5262,23.7577,
EXC,2018-04-20,23.7763,23.7822,23.4158,23.5389,
EXC,2018-04-23,23.6122,23.8184,23.4685,23.574,"FirstEnergy (FE) Lags Q1 Earnings Estimates, Reaffirms View FirstEnergy CorporationFE reported first-quarter 2018 operating earnings of 67 cents per share, lagging the Zacks Consensus Estimate of 68 cents by 1.5%. Quarterly earnings improved 28.9% year over year to come in within the expected range of 60-70 cents. On a GAAP basis, the company reported earnings of $2.54 per share compared with 46 cents in the prior-year quarter. The difference between GAAP and operating earnings in the reported quarter was due to the impact of one-time gain from the exit of competitive business. Total Revenues FirstEnergy generated total revenues of $2,976 million in first-quarter 2018, missing the Zacks Consensus Estimate of $3,262 million by 8.8%. Revenues moved up 4.2% from $2,855 million in the year-ago quarter. The top line improved primarily on the back of higher regulated transmission and distribution revenues. FirstEnergy Corporation Price, Consensus and EPS Surprise FirstEnergy Corporation Price, Consensus and EPS Surprise | FirstEnergy Corporation Quote Highlights of the Release Total electric delivery increased 5% year over year to 38,740 thousand megawatt-hours (MWh). Residential sales rose 8.1%, while commercial and industrial sales rose 3.6% and 2.8% year over year, respectively. Due to higher weather-related usage, distribution earnings in the reported quarter increased 6 cents from the year-ago quarter. Financial Update FirstEnergy's cash on hand as of Mar 31, 2018 was $248 million, down from $588 million as of Dec 31, 2017. Long-term debt and other long-term obligations as of Dec 31 were $16,740 million compared with $18,186 million as of Dec 31, 2017. Net cash (used)/provided from operating activities was ($880) million, compared with $785 million provided in the first quarter of 2017. Guidance FirstEnergy reiterated its operating earnings guidance for 2018 in the range of $2.25-$2.55 per share. For the second quarter of 2018, earnings are estimated in the range of 47-57 cents. Upcoming Peer Releases NextEra EnergyNEE is likely to report first-quarter 2018 operating earnings on Apr 24, 2018. The Zacks Consensus Estimate is pegged at $1.75. Dominion EnergyD is expected to report first-quarter 2018 operating earnings on Apr 27, 2018. The Zacks Consensus Estimate is pegged at $1.03. Exelon CorporationEXC is anticipated to report first-quarter 2018 operating earnings on May 2, 2018. The Zacks Consensus Estimate is pegged at 93 cents. Zacks Rank FirstEnergy has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report FirstEnergy Corporation (FE): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-04-24,23.6844,24.1593,23.6239,23.8915,"Tuesday Sector Leaders: Utilities, Financial In afternoon trading on Tuesday, Utilities stocks are the best performing sector, up 0.7%. Within that group, Exelon Corp (Symbol: EXC) and Entergy Corp (Symbol: ETR) are two large stocks leading the way, showing a gain of 1.7% and 1.6%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.8% on the day, and down 2.97% year-to-date. Exelon Corp, meanwhile, is up 0.63% year-to-date, and Entergy Corp is up 0.02% year-to-date. Combined, EXC and ETR make up approximately 8.0% of the underlying holdings of XLU. The next best performing sector is the Financial sector, losing just 0.7%. Among large Financial stocks, Fifth Third Bancorp (Symbol: FITB) and HCP Inc (Symbol: HCP) are the most notable, showing a gain of 3.1% and 1.9%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF ( XLF ), which is down 1.1% in midday trading, and down 0.95% on a year-to-date basis. Fifth Third Bancorp , meanwhile, is up 9.03% year-to-date, and HCP Inc, is down 12.96% year-to-date. FITB makes up approximately 0.7% of the underlying holdings of XLF. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday. As you can see, one sector is up on the day, while eight sectors are down. 10 ETFs With Stocks That Insiders Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-04-25,23.789,23.8985,23.5995,23.8798,
EXC,2018-04-26,23.916,24.1779,23.8741,24.0939,"NiSource, Inc (NI) Ex-Dividend Date Scheduled for April 27, 2018 NiSource, Inc ( NI ) will begin trading ex-dividend on April 27, 2018. A cash dividend payment of $0.195 per share is scheduled to be paid on May 18, 2018. Shareholders who purchased NI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.43% increase over prior dividend payment. At the current stock price of $23.91, the dividend yield is 3.26%. The previous trading day's last sale of NI was $23.91, representing a -13.87% decrease from the 52 week high of $27.76 and a 6.55% increase over the 52 week low of $22.44. NI is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NI's current earnings per share, an indicator of a company's profitability, is $.39. Zacks Investment Research reports NI's forecasted earnings growth in 2018 as 6.49%, compared to an industry average of 8.1%. For more information on the declaration, record and payment dates, visit the NI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to NI through an Exchange Traded Fund [ETF]? The following ETF(s) have NI as a top-10 holding: First Trust North American Energy Infrastructure Fund ( EMLP ) John Hancock Multifactor Utilities ETF ( JHMU ) iShares Global Utilities ETF ( JXI ) ETF Series Solutions ( ACSI ). The top-performing ETF of this group is ACSI with an increase of 0.15% over the last 100 days. EMLP has the highest percent weighting of NI at 9999.99%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-04-27,24.0372,24.3675,24.0313,24.3019,
EXC,2018-04-30,24.343,24.3869,24.1544,24.1974,
EXC,2018-05-01,24.3929,24.6537,24.3195,24.4817,"[""XLU, DUK, SO, EXC: Large Inflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $391.9 million dollar inflow -- that's a 5.8% increase week over week in outstanding units (from 131,674,160 to 139,274,160). Among the largest underlying components of XLU, in trading today Duke Energy Corp (Symbol: DUK) is off about 0.3%, Southern Company (Symbol: SO) is down about 0.9%, and Exelon Corp (Symbol: EXC) is up by about 1.2%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $47.37 per share, with $57.23 as the 52 week high point - that compares with a last trade of $51.45. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Utility Stocks' Q1 Earnings Due on May 2: PNW, NI & More The Q1 earnings season is past the halfway mark, with 267 S&P 500 members having already reported their quarterly results as of Apr 27. Going by the positive trends, the first quarter is poised to record the strongest earnings and revenue growth in seven years. Earnings for the S&P 500 members that have already reported are up 25.1% from the same period last year on 10.0% higher revenues, with 76.8% beating EPS estimates and 73.8% surpassing revenues. Per our latest Earnings Preview report, overall earnings in the first quarter for all the S&P 500 members are expected to be up 22.6% on 8.4% growth in revenues. Amid the positive earnings outlook for the first quarter, let's concentrate on the domestic-focused matured Zacks Utility sector. This sector, along with 14 of the 16 Zacks sectors, is likely to come up with improved year-over-year earnings. Currently, only the Autos sector is likely to register an earnings decline. The Utility sector's earnings are expected to increase 13.9% year over year on 1.4% growth in revenues, thanks to stable performance by most of the utilities. The need for heating, stemming from cold weather conditions, and increased demand for electricity aided the utilities. Additionally, tax reforms also helped the utilities in lowering their tax burden substantially. Utilities, apart from investing in generating plants that produce electricity with low and negligible amount of emissions, are also focused on improving and upgrading transmission and distribution networks. Utilities are also investing in power storage facilities and guiding investors for efficient usage of electricity. However, the rate-sensitive capital-intensive utility stocks are also accommodating the rate hikes. Notably, the Fed rate has now been raised for the sixth time (latest in March 2018) since the first hike in December 2015. Let's take a look at the Utility stocks, scheduled to report first-quarter 2018 earnings on May 2and see how things are shaping up for the upcoming results. Pinnacle West Capital CorporationPNW delivered a positive earnings surprise of 90% in the last reported quarter. Solid job growth rate in the Metro Phoenix area and increase in customer volume are likely to boost results in the quarter to be reported. (Read more: What to Expect From Pinnacle West in Q1 Earnings?) Pinnacle West Capital Corporation Price and EPS Surprise Pinnacle West Capital Corporation Price and EPS Surprise | Pinnacle West Capital Corporation Quote Pinnacle West Capital has an Earnings ESP of -14.06% and a Zacks Rank #3 (Hold), which is not a favorable case for positive earnings surprise this season. A stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 to beat estimates. You can see the complete list of today's Zacks #1 Rank stocks here. NiSource Inc . NI delivered a positive earnings surprise of 3.13% in the last reported quarter. The company refinanced $1 billion of long-term debts at more favorable rates, which will lower its capital costs and expansion in gas customer base are expected to have aided demand. (Read more: Will NiSource Gain From Debt Financings in Q1 Earnings? ) NiSource, Inc Price and EPS Surprise NiSource, Inc Price and EPS Surprise | NiSource, Inc Quote NiSource has an Earnings ESP of -0.39% and a Zacks Rank #3, making earnings surprise prediction uncertain this season. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Alliant Energy CorporationLNT delivered a negative earnings surprise of 13.16% in the last reported quarter. The progress made by the company in its wind-generation expansion plans and electricity generation from natural gas plans is expected to aid the company meet its earnings growth objective of 5-7%.( Read more: What's in Store for Alliant Energy in Q1 Earnings? ) Alliant Energy Corporation Price and EPS Surprise Alliant Energy Corporation Price and EPS Surprise | Alliant Energy Corporation Quote Alliant Energy has an Earnings ESP of 0.00% and a Zacks Rank #2, making earnings surprise prediction difficult. Southern CompanySO delivered a positive earnings surprise of 10.87% in the last reported quarter. We expect strong rate base growth and AGL Resources' acquisition to be accretive to Southern Company's earnings. (Read more: What Lies Ahead for Southern Company in Q1 Earnings? ) Southern Company (The) Price and EPS Surprise Southern Company (The) Price and EPS Surprise | Southern Company (The) Quote Southern Company has an Earnings ESP of -0.40% and a Zacks Rank #3,making earnings surprise prediction difficult. Exelon CorporationEXC delivered a negative earnings surprise of 11.29% in the last reported quarter. The rate hikes received from Commonwealth Edison Company, effective Jan 1, 2018, will have a positive impact on Exelon's performance. (Read more: Can Exelon Ride on Rate Hike This Earnings Season? ) Exelon Corporation Price and EPS Surprise Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote Exelon has an Earnings ESP of -0.47% and a Zacks Rank #3,making earnings surprise prediction difficult. Eversource EnergyES delivered a negative earnings surprise of 1.32% in the previous quarter. Eversource Energy's earnings will benefit from Aquarion earnings, electric distribution rate increases, and lower operation and maintenance expenses. (Read more: What to Expect From Eversource This Earnings Season? ) Eversource Energy Price and EPS Surprise Eversource Energy Price and EPS Surprise | Eversource Energy Quote Eversource Energy has an Earnings ESP of -0.39% and a Zacks Rank #4 (Sell). Note that we caution against stocks with a Zacks Rank #4 or 5 (Strong Sell) going into an earnings announcement, especially when the company is witnessing negative estimate revisions. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Southern Company (The) (SO): Free Stock Analysis Report NiSource, Inc (NI): Free Stock Analysis Report Alliant Energy Corporation (LNT): Free Stock Analysis Report Eversource Energy (ES): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for May 2, 2018 : MA, CVS, ADP, SO, ZTS, HUM, EXC, EL, YUM, APTV, IQV, ABC The following companies are expected to report earnings prior to market open on 05/02/2018. Visit our Earnings Calendar for a full list of expected earnings releases. Mastercard Incorporated ( MA ) is reporting for the quarter ending March 31, 2018. The financial transactions company's consensus earnings per share forecast from the 15 analysts that follow the stock is $1.26. This value represents a 24.75% increase compared to the same quarter last year. In the past year MA has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 1.79%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for MA is 29.81 vs. an industry ratio of 18.80, implying that they will have a higher earnings growth than their competitors in the same industry. CVS Health Corporation ( CVS ) is reporting for the quarter ending March 31, 2018. The drug store company's consensus earnings per share forecast from the 20 analysts that follow the stock is $1.39. This value represents a 18.80% increase compared to the same quarter last year. In the past year CVS has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 2.13%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for CVS is 10.98 vs. an industry ratio of 18.60. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending March 31, 2018. The outsourcing company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.44. This value represents a 9.92% increase compared to the same quarter last year. ADP missed the consensus earnings per share in the 2nd calendar quarter of 2017 by -2.99%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for ADP is 28.52 vs. an industry ratio of 19.80, implying that they will have a higher earnings growth than their competitors in the same industry. Southern Company ( SO ) is reporting for the quarter ending March 31, 2018. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.82. This value represents a 24.24% increase compared to the same quarter last year. In the past year SO has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 10.87%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for SO is 15.85 vs. an industry ratio of 25.10. Zoetis Inc. ( ZTS ) is reporting for the quarter ending March 31, 2018. The drug company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.70. This value represents a 32.08% increase compared to the same quarter last year. In the past year ZTS has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for ZTS is 27.46 vs. an industry ratio of -2.80, implying that they will have a higher earnings growth than their competitors in the same industry. Humana Inc. ( HUM ) is reporting for the quarter ending March 31, 2018. The hmo company's consensus earnings per share forecast from the 8 analysts that follow the stock is $3.21. This value represents a 16.73% increase compared to the same quarter last year. In the past year HUM has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 3%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for HUM is 21.19 vs. an industry ratio of 20.60, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation ( EXC ) is reporting for the quarter ending March 31, 2018. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.93. This value represents a 43.08% increase compared to the same quarter last year. The last two quarters EXC had negative earnings surprises; the latest report they missed by -11.29%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for EXC is 13.01 vs. an industry ratio of 25.10. Estee Lauder Companies, Inc. ( EL ) is reporting for the quarter ending March 31, 2018. The cosmetic & toiletries company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.07. This value represents a 17.58% increase compared to the same quarter last year. In the past year EL has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 5.56%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for EL is 33.81 vs. an industry ratio of 22.50, implying that they will have a higher earnings growth than their competitors in the same industry. Yum! Brands, Inc. ( YUM ) is reporting for the quarter ending March 31, 2018. The restaurant company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.68. This value represents a 4.62% increase compared to the same quarter last year. In the past year YUM has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 20%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for YUM is 26.55 vs. an industry ratio of 31.10. Aptiv PLC ( APTV ) is reporting for the quarter ending March 31, 2018. The technology services company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.20. This value represents a 24.53% decrease compared to the same quarter last year. APTV missed the consensus earnings per share in the 4th calendar quarter of 2017 by -3.76%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for APTV is 16.39 vs. an industry ratio of 1.80, implying that they will have a higher earnings growth than their competitors in the same industry. IQVIA Holdings, Inc. ( IQV ) is reporting for the quarter ending March 31, 2018. The technology services company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.20. This value represents a 18.81% increase compared to the same quarter last year. In the past year IQV has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 3.94%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for IQV is 19.08 vs. an industry ratio of 1.80, implying that they will have a higher earnings growth than their competitors in the same industry. AmerisourceBergen Corporation (Holding Co) ( ABC ) is reporting for the quarter ending March 31, 2018. The medical/dental supplies company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.83. This value represents a 3.39% increase compared to the same quarter last year. In the past year ABC has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 14.81%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for ABC is 13.85 vs. an industry ratio of 38.20. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Daily Dividend Report: BA, SPGI, EMR, EXC, REG Boeing declared a regular quarterly dividend of one dollar and seventy-one cents per share. The dividend is payable June 1, 2018, to shareholders of record as of May 11, 2018. S&P Global ( SPGI ) has approved a regular quarterly cash dividend on the Corporation's common stock. The dividend of $0.50 is payable on June 12, 2018, to shareholders of record on May 29, 2018. Emerson ( EMR ) declared the regular quarterly cash dividend of forty-eight and a half cents ($0.485) per share of common stock payable June 11, 2018, to stockholders of record May 11, 2018. Exelon Corporation declared a regular quarterly dividend of $0.345 per share on Exelon's common stock. The dividend is payable on June 8, 2018, to shareholders of record of Exelon as of 5 p.m. New York time on May 15, 2018. Regency declared a quarterly cash dividend on the Company's common stock of $0.555 per share. The dividend is payable on May 30, 2018, to shareholders of record as of May 16, 2018. VIDEO: Daily Dividend Report: BA, SPGI, EMR, EXC, REG The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-05-02,24.6233,24.7524,24.343,24.6233,"[""Exelon (EXC) Q1 Earnings and Revenues Beat on New Rates Exelon Corporation 's EXC first-quarter 2018 operating earnings of 96 cents per share beat the Zacks Consensus Estimate of 93 cents by 3.2%. Quarterly earnings were 50% higher than the year-ago figure of 44 cents. The year-over-year improvement in earnings was due to favorable weather, rate increases at BGE and PHI, and higher electric distribution and transmission earnings at ComEd. On a GAAP basis, quarterly earnings were 60 cents per share compared with $1.06 in the year-ago quarter. The difference between GAAP and operating earnings in the reported quarter was due to a few one-time gains and losses, resulting in a one-time impact of 36 cents per share. Total Revenues Exelon's total revenues of $9,693 million surpassed the Zacks Consensus Estimate of $9,015 million. Quarterly revenues also improved 10.8% from $8,747 million reported in the year-ago quarter. Exelon Corporation Price, Consensus and EPS Surprise Exelon Corporation Price, Consensus and EPS Surprise | Exelon Corporation Quote Quarterly Highlights Exelon's total operating expenses increased 12.8% year over year to $8,648 million. The rise was primarily due to higher purchasing power and fuel expenses. Interest expenses were $371 million, a tad lower than $373 million in the year-ago quarter. Hedges Exelon's hedging program involves safeguarding of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Mar 31, 2018 was 91-94% for 2018, 63-66% for 2019, and 33-36% for 2020. Guidance Exelon reiterated its 2018 earnings guidance per share in the range of $2.90-$3.20 and provided second-quarter guidance within 55-65 cents per share. Zacks Rank Exelon currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Peer Releases American Electric Power Co., Inc. AEP reported first-quarter 2018 adjusted earnings per share (EPS) of 96 cents, missing the Zacks Consensus Estimate of $1.00 by 4%. NextEra Energy, Inc. NEE reported first-quarter 2018 adjusted earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.78 by 8.9%. Dominion Energy Inc. D reported first-quarter 2018 operating earnings of $1.14 per share, beating the Zacks Consensus Estimate of $1.03 by 10.7%. Looking for Stocks with Skyrocketing Upside? Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Energy Sector Update for 05/02/2018: USO, UNG, CHK, HFC, EXC, SO Top Energy Stocks XOM: +0.2% CVX: -0.3% COP: flat SLB: flat OXY: flat Energy shares were flat to higher in pre-market trading Wednesday. The much-watched EIA domestic oil inventories is out at 10:30 am. Light, sweet crude oil for June delivery was up 0.03% at $67.28 per barrel, while natural gas was down fractionally at $2.77 per million Btu. In energy ETFs, the United States Oil Fund ( USO ) was down 0.3% at $13.57 while the United States Natural Gas ETF ( UNG ) was down 0.6% at $22.69. Expected movers: - Chesapeake Energy ( CHK ): Q1 EPS beats Street view, revenues miss - HollyFrontier ( HFC ): Q1 results top expectations - Exelon ( EXC ): posts Q1 results beat - Southern Company (SO): Q1 adjusted profit, revenue best Street expectations The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CMS Energy Corporation (CMS) Ex-Dividend Date Scheduled for May 03, 2018 CMS Energy Corporation ( CMS ) will begin trading ex-dividend on May 03, 2018. A cash dividend payment of $0.357 per share is scheduled to be paid on May 31, 2018. Shareholders who purchased CMS prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.21% increase over prior dividend payment. At the current stock price of $47.05, the dividend yield is 3.04%. The previous trading day's last sale of CMS was $47.05, representing a -7.47% decrease from the 52 week high of $50.85 and a 16.23% increase over the 52 week low of $40.48. CMS is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). CMS's current earnings per share, an indicator of a company's profitability, is $1.79. Zacks Investment Research reports CMS's forecasted earnings growth in 2018 as 7.5%, compared to an industry average of 9%. For more information on the declaration, record and payment dates, visit the CMS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CMS through an Exchange Traded Fund [ETF]? The following ETF(s) have CMS as a top-10 holding: SPDR Select Sector Fund - Utilities ( XLU ). The top-performing ETF of this group is XLU with an decrease of -7.19% over the last 100 days. It also has the highest percent weighting of CMS at 2.01%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Surpasses Q1 Earnings and Revenue Estimates Exelon CorporationEXC , a competitive energy provider, delivers electricity and natural gas to customers in central Maryland, northern Illinois and southeastern Pennsylvania through its subsidiaries. The Chicago, IL-based firm operates in 48 states and the District of Columbia of the U.S., and Canada. Exelon's strategy of matching its load business with generation fleet, addition of renewable and natural gas based power generating units to its portfolio, systematic divestment of non-core assets will drive its performance. Exelon's acquisition of Pepco Holdings Inc. is expected to have a positive impact on Exelon's cash flow. Estimate Trend & Surprise History Investors should note that the first quarter Zacks Consensus Estimate for earnings of 93 cents per share has declined by 3.1% over the last 60 days. Coming to the earnings surprise, Exelon has surpassed the Zacks Consensus Estimate in two of the last four quarters, resulting in an overall negative average surprise of 0.51%. Exelon Corporation Price and EPS Surprise Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote Zacks Rank : Currently, Exelon has a Zacks Rank#3 (Hold). However, the rank could change following its first quarter 2018 earnings report which has just released. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here We have highlighted some of the key details from the just-released announcement below: Earnings : Exelon reported earnings of 96 cents per share, beating the Zacks Consensus Estimate of 93 cents by 3.2%. Revenue: Exelon's total revenues came in at $9,790 million, 8.6% higher than the Zacks Consensus Estimate of $9,015 million. Key Stats : Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Mar 31, 2018, was 91-94% for 2018, 63-66% for 2019, and 33-36% for 2020. Check back for our full write up on this EXC earnings report later! Looking for Stocks with Skyrocketing Upside? Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-05-03,24.5746,25.1148,24.4162,24.9106,"Alliant Energy (LNT) Q1 Earnings Top Estimates, Sales Up Y/Y Alliant Energy CorporationLNT reported first-quarter 2018 operating earnings from continuing operations of 52 cents per share, beating the Zacks Consensus Estimate of 51 cents. Reported earnings increased 20.9% from 43 cents in the year-ago quarter. The year-over-year increase in earnings was due to higher retail electric and gas sales due to colder temperatures in the first quarter of 2018 compared with the same period last year Total Revenues Total revenues in the first quarter came in at $916.3 million, increasing 7.3% year over year. The rise was owing to higher year-over-year contribution from its Electric and Gas utility. Alliant Energy Corporation Price, Consensus and EPS Surprise Alliant Energy Corporation Price, Consensus and EPS Surprise | Alliant Energy Corporation Quote Operational Highlights Total operating expenses were $750.6 million in the reported quarter, reflecting an increase of nearly 6.2% from $706.7 million in the year-ago period. This increase in expenses can be attributed to a rise in the cost of gas sold and energy efficiency, and depreciation and other expenses during the quarter. Operating income was $165.7 million, up 12.6% from $147.2 million in the year-ago quarter. Interest expenses were $59.2 million, an increase of 13.2% from $52.3 million in the prior-year quarter. Financial Update Cash and cash equivalents were $19.1 million as of Mar 31, 2018, up from $27.9 million as of Dec 31, 2017. Long-term debt (excluding current portion) was $4,056.8 million as of Mar 31, 2018, marginally higher than $4,010.6 million as of Dec 31, 2017. In first-quarter 2018, cash received from operating activities was $89.3 million, up from $119.0 million in first-quarter 2017. Guidance Alliant Energy maintained its 2018 consolidated earnings per share guidance in the range of $2.04-$2.18 per share. For Utilities, American Transmission Company LLC and Corporate Services, earnings per share are now expected within $1.92-$2.02. For Non-regulated and Parent & ATC, the company expects earnings per share in the range of 12-16 cents. Other Utility Releases Exelon Corporation's EXC first-quarter 2018 operating earnings of 96 cents per share beat the Zacks Consensus Estimate of 93 cents by 3.2%. NextEra Energy, Inc. NEE reported first-quarter 2018 adjusted earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.78 by 8.9%. Dominion Energy Inc. D reported first-quarter 2018 operating earnings of $1.14 per share, beating the Zacks Consensus Estimate of $1.03 by 10.7%. Zacks Rank Currently, Alliant Energy carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . 5 Medical Stocks to Buy Now Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions. New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits. Click here to see the 5 stocks >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report Alliant Energy Corporation (LNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-05-04,24.9419,25.1275,24.9282,25.0503,
EXC,2018-05-07,25.0807,25.3425,25.063,25.1842,Here’s a powerful argument for favoring value stocks over growth stocks A fund manager that follows both strategies says a value strategy is working better now A fund manager that follows both strategies says a value strategy is working better now.
EXC,2018-05-08,25.107,25.1187,24.7387,24.8422,
EXC,2018-05-09,24.8237,24.8745,24.3361,24.3742,"Ameren (AEE) Q1 Earnings Top Estimates on Higher Sales Volume Ameren CorporationAEE reported first-quarter 2018 earnings of 62 cents per share from continuing operations, which surpassed the Zacks Consensus Estimate of 58 cents by 6.9%. The bottom line also surged 47.6% year over year, primarily driven by higher Ameren Missouri electric service rates and Ameren Missouri electric retail sales. Total Revenues Total revenues of $1,585 million in the quarter were up 4.6% year over year owing to higher electric and natural gas sales volumes. Ameren Corporation Price, Consensus and EPS Surprise Ameren Corporation Price, Consensus and EPS Surprise | Ameren Corporation Quote Highlights of the Release Ameren's total electricity sales volumes in the quarter increased 3.5% to 19,849 million kilowatt hours (kWh) from 19,174 million kWh in the prior-year quarter. Gas volumes improved 20.3% to 77 million dekatherms. Total operating expenses came in at $1,312 million, up 3.1% year over year. Interest expenses were $101 million compared with $99 million in the year ago quarter. Financial Condition Ameren reported cash and cash equivalents of $30 million as of Mar 31, 2018 compared with $10 million at 2017-end. As of Mar 31, 2018, long-term debt totaled $6,766 million compared with $7,094 million as of Dec 31, 2017. As of Mar 31, 2018, cash from operating activities amounted to $258 million compared with $331 million in the prior-year period. Guidance Ameren continues to expect its 2018 earnings per share in the range of $2.95-$3.15. Zacks Rank Ameren carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Recent Utility Releases Exelon Corporation's EXC first-quarter 2018 operating earnings of 96 cents per share beat the Zacks Consensus Estimate of 93 cents by 3.2%. Quarterly earnings were 50% higher than the year-ago figure of 44 cents. American Electric Power Co., Inc. AEP reported first-quarter 2018 adjusted earnings per share (EPS) of 96 cents, missing the Zacks Consensus Estimate of $1 by 4%. NextEra Energy, Inc. NEE reported first-quarter 2018 adjusted earnings of $1.94 per share, surpassing the Zacks Consensus Estimate of $1.78 by 8.9%. The Hottest Tech Mega-Trend of All Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early. See Zacks' 3 Best Stocks to Play This Trend >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-05-10,24.5746,24.769,24.4875,24.7572,"[""Favorable Weather Drives Duke Energy's (DUK) Q1 Earnings Duke Energy CorporationDUK reported first-quarter 2018 adjusted earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.15 by 11.3%. Earnings also improved 23.1% from $1.04 in the year-ago quarter. The year-over-year upside was driven by the normalization of weather conditions from a less severe winter in the year-ago quarter. Also higher investments in the electric and gas utilities boosted earnings. GAAP earnings were 88 cents per share in the first quarter compared with $1.02 in the prior-year quarter. Duke Energy Corporation Price, Consensus and EPS Surprise Duke Energy Corporation Price, Consensus and EPS Surprise | Duke Energy Corporation Quote Total Revenues In the first quarter, the company's total operating revenues were $6.14 billion, up 7.1% from $5.73 billion in the year-ago quarter. The reported figure also surpassed the Zacks Consensus Estimate of $5.74 billion by 6.9%. The year-over-year top-line improvement was driven by higher revenues at regulated electric and regulated natural gas segments. The regulated electric unit's revenues were $5.3 billion (up 7.6% year-over-year), representing approximately 86.1% of total revenues in the reported quarter. Revenues from the regulated natural gas business totaled $0.7 billion (up 8.4% year-over-year). Non-regulated electric and Other segment generated revenues of $0.15 billion, down 11.2% year over year. Operational Update The company's total operating expenses were $4.78 billion in first-quarter 2018, up 10.2% from $4.34 billion in the year-ago quarter. Costs increased on higher prices of natural gas, depreciation and amortization expenses, property and other taxes as well as impairment charges. Also, costs related to fuel used in electric generation and purchased power led to higher operating expenses. Operating income in the reported quarter fell 10.4% to $1.26 billion from $1.40 billion in the year-ago quarter. Interest expenses rose to $0.52 billion from $0.49 billion in the first quarter of 2017. Quarterly Segmental Highlights Electric Utilities & Infrastructure: Adjusted income in the first quarter was $816 million, up from $635 million a year ago. The upside was driven by favorable weather, higher retail revenues, lower income tax expense as well as lower operation and maintenance expenses. Gas Utilities & Infrastructure: Adjusted income of $158 million at this segment demonstrated an improvement from $133 million in the year-ago quarter. The improvement was driven by customer growth and increased investments. Commercial Renewables: This segment reported adjusted income of $20 million in the reported quarter compared with $25 million in the year-ago quarter, owing to lower wind resource. Other: The segment includes corporate interest expenses not allocated to other business units, results from Duke Energy's captive insurance company, and other investments. Adjusted net expenses were $95 million, up from $67 million in the year-ago quarter. Financial Condition As of Mar 31, 2018, the company had cash & cash equivalents of $421 million, up from $358 million as of Dec 31, 2017. Long-term debt was $49 billion at the end of first quarter 2018, almost in line with long-term debt at 2017-end. In the first quarter, net cash from operating activities was $1,391 million, compared with $1,246 million in the prior-year quarter. Guidance The company reaffirmed its earnings expectation for 2018. It continues to expect its adjusted earnings per share in the range of $4.55-$4.85. Zacks Rank Duke Energy carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Recent Utility Releases Exelon Corporation's EXC first-quarter 2018 operating earnings of 96 cents per share beat the Zacks Consensus Estimate of 93 cents by 3.2%. Quarterly earnings were 50% higher than the year-ago figure of 44 cents. American Electric Power Co., Inc. AEP reported first-quarter 2018 adjusted earnings per share (EPS) of 96 cents, missing the Zacks Consensus Estimate of $1.00 by 4%. NextEra Energy, Inc. NEE reported first-quarter 2018 adjusted earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.78 by 8.9%. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""WEC Energy Group, Inc. (WEC) Ex-Dividend Date Scheduled for May 11, 2018 WEC Energy Group, Inc. ( WEC ) will begin trading ex-dividend on May 11, 2018. A cash dividend payment of $0.553 per share is scheduled to be paid on June 01, 2018. Shareholders who purchased WEC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.35% increase over prior dividend payment. At the current stock price of $61.44, the dividend yield is 3.6%. The previous trading day's last sale of WEC was $61.44, representing a -12.34% decrease from the 52 week high of $70.09 and a 4.28% increase over the 52 week low of $58.92. WEC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WEC's current earnings per share, an indicator of a company's profitability, is $3.9. Zacks Investment Research reports WEC's forecasted earnings growth in 2018 as 4.99%, compared to an industry average of 8.7%. For more information on the declaration, record and payment dates, visit the WEC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to WEC through an Exchange Traded Fund [ETF]? The following ETF(s) have WEC as a top-10 holding: iShares Morningstar Mid-Cap ETF ( JKG ) Principal Price Setters Index ETF ( PSET ) iShares Trust ( UTLF ). The top-performing ETF of this group is PSET with an increase of 23.88% over the last 100 days. JKG has the highest percent weighting of WEC at 1.14%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Trade War? These Stocks Will Do Best What started in January with steep new U.S. duties on washing machines and solar panels spread in March with major tariffs on steel and aluminum, followed by a tit-for-tat exchange with China. Next stop: a full-fledged global trade war? The U.S. is not as dependent on trade as other countries are. In 2017, our exports totaled $2.3 trillion, or about 12% of gross domestic product, and imports totaled 15% of GDP. Still, if trade barriers go high enough, we'll face harrowing consequences. High tariffs raise the price of imports, giving domestic producers an incentive to raise their own prices, increasing the burden on U.S. consumers. See Also: Rising U.S. Deficit Fans Trade War Flames Meanwhile, as China and other countries retaliate, foreign markets shrink, harming U.S. export industries. Domestic manufacturers are also hurt as the cost of their supplies from abroad (such as steel) rises. Although we can still avoid pitched economic battle, now is the time to prepare your portfolio in case the worst happens. The entire U.S. economy will suffer in a trade war, but firms that do not rely so much on global trade (both exports and imports) will be harmed less than those that do. Here are the categories likely to avoid much of the pain. Utilities. Companies that provide gas and electricity don't have to worry about tariffs or other trade barriers. Nearly all the natural gas, coal, nuclear, solar and wind energy that power the utilities' generators is domestic, and utility companies based here serve the U.S. market almost exclusively. Some of the larger companies look awfully attractive. Duke Energy (symbol DUK , $78), the second-largest utility in the U.S. by market capitalization (number of shares times price), provides power in the South and Midwest. The stock has a 4.6% dividend yield and a price-earnings ratio, based on expected profits for 2018, of 17-in line with the broader market. Another good choice is Chicago-based Exelon ( EXC , $39), which operates 11 nuclear plants and provides power to 10 million customers through regulated utilities in its home state and the mid-Atlantic region. Exelon has a P/E of 13, based on projected earnings for 2018, and a current yield of 3.6%. I am less sanguine about the world's largest utility, NextEra Energy, which owns Florida Power & Light and generates and distributes electricity throughout the country. Florida depends heavily on international trade, and if its agricultural exports take a hit, demand for energy will drop. NextEra is the number-one holding of Vanguard Utilities Index ( VPU , $112), an exchange-traded fund with an expense ratio of 0.1%. But with 75 holdings, the fund is broadly diversified and carries a yield of 3.6%-more than that of a 10-year Treasury note. Another good ETF is Utilities Select SPDR ( XLU , $50), with expenses of 0.13% and a yield of 3.8%. Internet companies. No one knows where a trade war will lead, but the internet will almost certainly remain a tariff-free zone. That means clear sailing for companies such as Netflix ( NFLX , $328), with 125 million video-streaming subscribers (about half of them in the U.S.); Amazon.com ( AMZN , $1,527), not only the largest online retailer but also the king of cloud computing; and Salesforce.com ( CRM , $123), a fast-growing provider of business software. A broader internet play is First Trust Dow Jones Internet ( FDN , $126), an ETF that includes all three of these stocks among its top six holdings. Restaurants. If U.S. farmers and ranchers face growing barriers to selling their goods abroad, then prices at home should decline in the short term as supplies of meat and the grains that feed U.S. livestock rise. That's good for restaurant chains, including McDonald's ( MCD , $159), which gets all of its chicken and nearly all of its beef for its U.S. restaurants from domestic sources. It's unlikely that the U.S. will raise tariffs against the African, Asian and Latin American countries that supply us with coffee; after all, we grow almost no coffee here at home. So Starbucks ( SBUX , $58), one of my favorite companies of any kind, will be well insulated from a trade war. Casino operators. Other than a possible increase in the price of construction materials to build casinos, domestic gambling companies won't have to worry about rising trade barriers. The only worry is that China will retaliate against U.S.-owned casinos in Macau, which is the largest gambling destination in the world. So I will eliminate from consideration such companies as MGM Resorts International and Las Vegas Sands. I'm more drawn to smaller, domestic casino chains. Eldorado Resorts ( ERI , $40) has a market cap of $3.1 billion and operations in cities including Shreveport, La., and Kansas City, Mo. Boyd Gaming ( BYD , $35), with a market cap of $3.9 billion, focuses on areas outside the strip in downtown Las Vegas, plus the Midwest. Hospitals. It's possible that some hospital-equipment costs will rise in a trade war, but operators can almost certainly pass on those extra expenses to insurers, governments and patients. Otherwise, hospitals are well protected against the effects of a trade war. Consider HCA Healthcare ( HCA , $97), the largest private hospital chain in the U.S., with about 300 facilities in 20 states, mainly in the South. HCA carries a P/E of just 11. Trading at a P/E of 12 is LifePoint Health ( LPNT , $50), a much smaller chain (about one-sixth the revenues of HCA) whose shares have slid 43% since peaking in the summer of 2015, mainly because of concerns over declines in in-patient admissions. But the price is right for investors comfortable with more risk. Regional banks. Large banks with international operations will probably suffer in a trade war, but regional U.S. banks should be unaffected-unless the economy falls into recession. I have long been fond of Iberiabank ( IBKC , $75), based in Lafayette, La., with offices in eight southern states, and Cullen/Frost Bankers (CFR, $108), a Texas-centric bank founded in 1868. For diversification, my favorite ETF in this sector is PowerShares KBW Regional Banking Portfolio ( KBWR , $57), with 50 holdings, none of which represents more than 4% of total assets. Good bets, regardless. Other stocks worth considering include residential real estate investment trust AvalonBay Communities ( AVB , $161), property-and-casualty insurer Progressive ( PGR , $61) and federal contractor Science Applications International ( SAIC , $85). These domestic stocks represent solid long-term buys, even if (as I hope) an all-out global trade war never happens. See Also: Taking a Flier on Boeing Shares in the Face of a Trade War The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sponsored Links 7 Ways to Retire Comfortably With $500k Fisher Investments Learn More The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-05-11,24.7269,24.8559,24.6019,24.7836,"[""Exelon Corporation (EXC) Ex-Dividend Date Scheduled for May 14, 2018 Exelon Corporation ( EXC ) will begin trading ex-dividend on May 14, 2018. A cash dividend payment of $0.345 per share is scheduled to be paid on June 08, 2018. Shareholders who purchased EXC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.5% increase over prior dividend payment. At the current stock price of $40.6, the dividend yield is 3.4%. The previous trading day's last sale of EXC was $40.6, representing a -4.85% decrease from the 52 week high of $42.67 and a 21.92% increase over the 52 week low of $33.30. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Public Service Enterprise Group Incorporated ( PEG ). EXC's current earnings per share, an indicator of a company's profitability, is $3.48. Zacks Investment Research reports EXC's forecasted earnings growth in 2018 as 18.17%, compared to an industry average of 8.7%. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EXC through an Exchange Traded Fund [ETF]? The following ETF(s) have EXC as a top-10 holding: PowerShares Dynamic LargeCap Value ( PWV ). The top-performing ETF of this group is PWV with an decrease of -6.91% over the last 100 days. It also has the highest percent weighting of EXC at 1.64%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UNITIL Corporation (UTL) Ex-Dividend Date Scheduled for May 14, 2018 UNITIL Corporation ( UTL ) will begin trading ex-dividend on May 14, 2018. A cash dividend payment of $0.365 per share is scheduled to be paid on May 29, 2018. Shareholders who purchased UTL prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.39% increase over prior dividend payment. At the current stock price of $48.07, the dividend yield is 3.04%. The previous trading day's last sale of UTL was $48.07, representing a -9.03% decrease from the 52 week high of $52.84 and a 17.47% increase over the 52 week low of $40.92. UTL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). UTL's current earnings per share, an indicator of a company's profitability, is $2.24. Zacks Investment Research reports UTL's forecasted earnings growth in 2018 as 8.74%, compared to an industry average of 8.7%. For more information on the declaration, record and payment dates, visit the UTL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Genie Energy Ltd. (GNE) Ex-Dividend Date Scheduled for May 14, 2018 Genie Energy Ltd. ( GNE ) will begin trading ex-dividend on May 14, 2018. A cash dividend payment of $0.075 per share is scheduled to be paid on May 23, 2018. Shareholders who purchased GNE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that GNE has paid the same dividend. At the current stock price of $5.24, the dividend yield is 5.73%. The previous trading day's last sale of GNE was $5.24, representing a -34.58% decrease from the 52 week high of $8.01 and a 37.17% increase over the 52 week low of $3.82. GNE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). GNE's current earnings per share, an indicator of a company's profitability, is -$.25. For more information on the declaration, record and payment dates, visit the GNE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to GNE through an Exchange Traded Fund [ETF]? The following ETF(s) have GNE as a top-10 holding: iShares MSCI New Zealand ETF ( ENZL ). The top-performing ETF of this group is ENZL with an increase of 2.13% over the last 100 days. It also has the highest percent weighting of GNE at 1.93%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-05-14,24.8745,24.937,24.6468,24.807,"Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for May 15, 2018 Consolidated Edison Inc ( ED ) will begin trading ex-dividend on May 15, 2018. A cash dividend payment of $0.715 per share is scheduled to be paid on June 15, 2018. Shareholders who purchased ED prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.62% increase over prior dividend payment. At the current stock price of $76.83, the dividend yield is 3.72%. The previous trading day's last sale of ED was $76.83, representing a -14.35% decrease from the 52 week high of $89.70 and a 4.2% increase over the 52 week low of $73.73. ED is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ED's current earnings per share, an indicator of a company's profitability, is $5.04. Zacks Investment Research reports ED's forecasted earnings growth in 2018 as 4.05%, compared to an industry average of 8.3%. For more information on the declaration, record and payment dates, visit the ED Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ED through an Exchange Traded Fund [ETF]? The following ETF(s) have ED as a top-10 holding: First Trust Exchange-Traded Fund III First Trust Horizon Manag ( HUSV ) iShares, Inc. ( ACWV ) iShares Russell Mid-cap Value ETF ( IWS ) ProShares DJ Brookfield Global Infrastructure ETF ( TOLZ ). The top-performing ETF of this group is IWS with an decrease of -0.5% over the last 100 days. HUSV has the highest percent weighting of ED at 1900%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-05-15,24.6468,24.7885,24.5189,24.726,"[""Should JPMorgan Diversified Return U.S. Equity ETF (JPUS) Be on Your Investing Radar? If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the JPMorgan Diversified Return U.S. Equity ETF (JPUS), a passively managed exchange traded fund launched on 09/29/2015. The fund is sponsored by J.P. Morgan. It has amassed assets over $473.88 M, making it one of the average sized ETFs attempting to match the Large Cap Blend segment of the US equity market. Why Large Cap Blend Large cap companies typically have a market capitalization above $10 billion. Considered a more stable option, large cap companies boast more predictable cash flows and are less volatile than their mid and small cap counterparts. Typically holding a combination of both growth and value stocks, blend ETFs also demonstrate qualities seen in value and growth investments. Costs Expense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same. Annual operating expenses for this ETF are 0.19%, making it one of the cheaper products in the space. It has a 12-month trailing dividend yield of 1.55%. Sector Exposure and Top Holdings ETFs offer a diversified exposure and thus minimize single stock risk but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis. This ETF has heaviest allocation to the Healthcare sector--about 16.40% of the portfolio. Consumer Discretionary and Information Technology round out the top three. Looking at individual holdings, Exelon Corp Common Stock (EXC) accounts for about 0.61% of total assets, followed by Dr Pepper Snapple Group (DPS) and American Water Works Co (AWK). The top 10 holdings account for about 5.81% of total assets under management. Performance and Risk JPUS seeks to match the performance of the Russell 1000 Diversified Factor Index before fees and expenses. The Russell 1000 Diversified Factor Index comprises of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser. The ETF has added roughly 0.61% so far this year and was up about 12.58% in the last one year (as of 05/15/2018). In the past 52-week period, it has traded between $63.21 and $74.58. The ETF has a beta of 0.94 and standard deviation of 11.33% for the trailing three-year period, making it a medium risk choice in the space. With about 523 holdings, it effectively diversifies company-specific risk. Alternatives JPMorgan Diversified Return U.S. Equity ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, JPUS is a good option for those seeking exposure to the Large Cap ETFs area of the market. Investors might also want to consider some other ETF options in the space. The iShares Core S&P 500 ETF (IVV) and the SPDR S&P 500 ETF (SPY) track a similar index. While iShares Core S&P 500 ETF has $147.22 B in assets, SPDR S&P 500 ETF has $260.43 B. IVV has an expense ratio of 0.04% and SPY charges 0.09%. Bottom-Line Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report American Water Works (AWK): Free Stock Analysis Report Dr Pepper Snapple Group, Inc (DPS): Free Stock Analysis Report SPDR-SP 500 TR (SPY): ETF Research Reports ISHARS-SP500 (IVV): ETF Research Reports JPM-DVSFD RET (JPUS): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for May 15, 2018 : QQQ, PPL, GE, KO, EXC, FNSR, PFE, INTC, EPD, CELG, MSFT, FOLD The NASDAQ 100 After Hours Indicator is up .48 to 6,889.02. The total After hours volume is currently 41,342,325 shares traded. The following are the most active stocks for the after hours session : PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.05 at $167.92, with 3,284,109 shares traded. This represents a 23.65% increase from its 52 Week Low. PPL Corporation ( PPL ) is unchanged at $27.23, with 3,160,094 shares traded. PPL's current last sale is 80.09% of the target price of $34. General Electric Company ( GE ) is unchanged at $14.71, with 2,364,223 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2018. The consensus EPS forecast is $0.33. GE's current last sale is 86.53% of the target price of $17. Coca-Cola Company (The) ( KO ) is -0.02 at $41.70, with 1,842,378 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2018. The consensus EPS forecast is $0.57. KO's current last sale is 85.1% of the target price of $49. Exelon Corporation ( EXC ) is unchanged at $40.21, with 1,718,787 shares traded. As reported by Zacks, the current mean recommendation for EXC is in the \""buy range\"". Finisar Corporation ( FNSR ) is unchanged at $16.67, with 1,210,981 shares traded. As reported in the last short interest update the days to cover for FNSR is 9.841969; this calculation is based on the average trading volume of the stock. Pfizer, Inc. ( PFE ) is unchanged at $35.69, with 1,185,020 shares traded. As reported by Zacks, the current mean recommendation for PFE is in the \""buy range\"". Intel Corporation ( INTC ) is +0.03 at $53.95, with 1,120,876 shares traded. Over the last four weeks they have had 13 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2018. The consensus EPS forecast is $0.86. As reported by Zacks, the current mean recommendation for INTC is in the \""buy range\"". Enterprise Products Partners L.P. ( EPD ) is -0.04 at $27.85, with 1,106,666 shares traded. EPD's current last sale is 89.84% of the target price of $31. Celgene Corporation ( CELG ) is +0.04 at $82.02, with 890,817 shares traded. As reported by Zacks, the current mean recommendation for CELG is in the \""buy range\"". Microsoft Corporation ( MSFT ) is -0.1 at $97.22, with 713,731 shares traded. Over the last four weeks they have had 12 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2018. The consensus EPS forecast is $1.08. As reported by Zacks, the current mean recommendation for MSFT is in the \""buy range\"". Amicus Therapeutics, Inc. ( FOLD ) is +0.08 at $14.79, with 660,592 shares traded. As reported in the last short interest update the days to cover for FOLD is 14.919337; this calculation is based on the average trading volume of the stock. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-05-16,24.6654,24.7641,24.3391,24.469,"Duke Energy Corporation (DUK) Ex-Dividend Date Scheduled for May 17, 2018 Duke Energy Corporation ( DUK ) will begin trading ex-dividend on May 17, 2018. A cash dividend payment of $0.89 per share is scheduled to be paid on June 18, 2018. Shareholders who purchased DUK prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DUK has paid the same dividend. At the current stock price of $76.93, the dividend yield is 4.63%. The previous trading day's last sale of DUK was $76.93, representing a -16.2% decrease from the 52 week high of $91.80 and a 5.48% increase over the 52 week low of $72.93. DUK is a part of the Public Utilities sector, which includes companies such as Exelon Corporation ( EXC ) and Public Service Enterprise Group Incorporated ( PEG ). DUK's current earnings per share, an indicator of a company's profitability, is $4.22. Zacks Investment Research reports DUK's forecasted earnings growth in 2018 as 3.09%, compared to an industry average of 6.9%. For more information on the declaration, record and payment dates, visit the DUK Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DUK through an Exchange Traded Fund [ETF]? The following ETF(s) have DUK as a top-10 holding: VanEck Vectors Uranium & Nuclear Energy ETF ( NLR ) PowerShares DWA Utilities Momentum Portfolio ( PUI ) Legg Mason Low Volatility High Dividend ETF ( LVHD ). The top-performing ETF of this group is NLR with an decrease of -0.12% over the last 100 days. It also has the highest percent weighting of DUK at 7.62%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-05-17,24.4993,24.597,24.1369,24.1983,"Noteworthy ETF Outflows: XLU, DUK, SO, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $153.1 million dollar outflow -- that's a 2.2% decrease week over week (from 142,874,160 to 139,774,160). Among the largest underlying components of XLU, in trading today Duke Energy Corp (Symbol: DUK) is down about 0.9%, Southern Company (Symbol: SO) is off about 0.4%, and Exelon Corp (Symbol: EXC) is lower by about 0.4%. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $47.37 per share, with $57.23 as the 52 week high point - that compares with a last trade of $49.21. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-05-18,24.2414,24.3929,24.046,24.2521,
EXC,2018-05-21,24.3165,24.4192,24.0498,24.3762,
EXC,2018-05-22,24.3703,24.6684,24.3635,24.5189,
EXC,2018-05-23,24.5667,24.8129,24.5365,24.7836,"Avista Corporation (AVA) Ex-Dividend Date Scheduled for May 24, 2018 Avista Corporation ( AVA ) will begin trading ex-dividend on May 24, 2018. A cash dividend payment of $0.373 per share is scheduled to be paid on June 15, 2018. Shareholders who purchased AVA prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.48% increase over prior dividend payment. At the current stock price of $52.56, the dividend yield is 2.84%. The previous trading day's last sale of AVA was $52.56, representing a -0.51% decrease from the 52 week high of $52.83 and a 27.54% increase over the 52 week low of $41.21. AVA is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AVA's current earnings per share, an indicator of a company's profitability, is $1.66. Zacks Investment Research reports AVA's forecasted earnings growth in 2018 as 5.13%, compared to an industry average of 6.9%. For more information on the declaration, record and payment dates, visit the AVA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AVA through an Exchange Traded Fund [ETF]? The following ETF(s) have AVA as a top-10 holding: PowerShares S&P SmallCap Utilities Portfolio ( PSCU ) Fidelity MSCI Utilities Index ETF ( FUTY ) Vanguard Utilities ETF ( VPU ). The top-performing ETF of this group is PSCU with an increase of 0.68% over the last 100 days. It also has the highest percent weighting of AVA at 17.32%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-05-24,24.7084,24.937,24.5579,24.9243,
EXC,2018-05-25,24.8989,25.1431,24.8569,25.0103,"Westar Energy, Inc. (WR) Ex-Dividend Date Scheduled for May 29, 2018 Westar Energy, Inc. ( WR ) will begin trading ex-dividend on May 29, 2018. A cash dividend payment of $0.4 per share is scheduled to be paid on June 20, 2018. Shareholders who purchased WR prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $54.58, the dividend yield is 2.93%. The previous trading day's last sale of WR was $54.58, representing a -4.78% decrease from the 52 week high of $57.32 and a 15.98% increase over the 52 week low of $47.06. WR is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WR's current earnings per share, an indicator of a company's profitability, is $2.27. Zacks Investment Research reports WR's forecasted earnings growth in 2018 as 10.87%, compared to an industry average of 6.3%. For more information on the declaration, record and payment dates, visit the WR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to WR through an Exchange Traded Fund [ETF]? The following ETF(s) have WR as a top-10 holding: iShares U.S. Utilities ETF ( IDU ) Vanguard S&P Mid-Cap 400 Value ETF ( IVOV ) iShares S&P Mid-Cap 400 Value ETF ( IJJ ) SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value ( MDYV ) iShares Core High Dividend ETF ( HDV ). The top-performing ETF of this group is IVOV with an increase of 1.59% over the last 100 days. IDU has the highest percent weighting of WR at 1.02%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-05-29,24.8989,25.1451,24.8012,25.0347,"Spark Energy, Inc. (SPKE) Ex-Dividend Date Scheduled for May 30, 2018 Spark Energy, Inc. ( SPKE ) will begin trading ex-dividend on May 30, 2018. A cash dividend payment of $0.181 per share is scheduled to be paid on June 14, 2018. Shareholders who purchased SPKE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that SPKE has paid the same dividend. At the current stock price of $10.25, the dividend yield is 7.07%. The previous trading day's last sale of SPKE was $10.25, representing a -56.66% decrease from the 52 week high of $23.65 and a 19.19% increase over the 52 week low of $8.60. SPKE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). SPKE's current earnings per share, an indicator of a company's profitability, is -$.05. Zacks Investment Research reports SPKE's forecasted earnings growth in 2018 as -12.5%, compared to an industry average of 6.3%. For more information on the declaration, record and payment dates, visit the SPKE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to SPKE through an Exchange Traded Fund [ETF]? The following ETF(s) have SPKE as a top-10 holding: Vanguard Utilities ETF ( VPU ) Fidelity MSCI Utilities Index ETF ( FUTY ). The top-performing ETF of this group is VPU with an decrease of -2.27% over the last 100 days. It also has the highest percent weighting of SPKE at 0.01%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-05-30,25.0152,25.4529,24.8745,25.3484,
EXC,2018-05-31,25.3161,25.6522,25.1559,25.4529,
EXC,2018-06-01,25.4529,25.4597,24.8501,25.2067,"Exelon (EXC) Up 2.1% Since Earnings Report: Can It Continue? It has been about a month since the last earnings report for Exelon CorporationEXC . Shareshave added about 2.1% in that time frame. Will the recent positive trend continue leading up to its next earnings release, or is EXC due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Exelon Q1 Earnings and Revenues Beat on New Rates Exelon Corporation's first-quarter 2018 operating earnings of 96 cents per share beat the Zacks Consensus Estimate of 93 cents by 3.2%. Quarterly earnings were 50% higher than the year-ago figure of 44 cents. The year-over-year improvement in earnings was due to favorable weather, rate increases at BGE and PHI, and higher electric distribution and transmission earnings at ComEd. On a GAAP basis, quarterly earnings were 60 cents per share compared with $1.06 in the year-ago quarter. The difference between GAAP and operating earnings in the reported quarter was due to a few one-time gains and losses, resulting in a one-time impact of 36 cents per share. Total Revenues Exelon's total revenues of $9,693 million surpassed the Zacks Consensus Estimate of $9,015 million. Quarterly revenues also improved 10.8% from $8,747 million reported in the year-ago quarter. Quarterly Highlights Exelon's total operating expenses increased 12.8% year over year to $8,648 million. The rise was primarily due to higher purchasing power and fuel expenses. Interest expenses were $371 million, a tad lower than $373 million in the year-ago quarter. Hedges Exelon's hedging program involves safeguarding of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Mar 31, 2018 was 91-94% for 2018, 63-66% for 2019, and 33-36% for 2020. Guidance Exelon reiterated its 2018 earnings guidance per share in the range of $2.90-$3.20 and provided second-quarter guidance within 55-65 cents per share. How Have Estimates Been Moving Since Then? In the past month, investors have witnessed an upward trend in fresh estimates. There have been three revisions higher for the current quarter. Last month, the consensus estimate has shifted by 7% due to these changes. Exelon Corporation Price and Consensus Exelon Corporation Price and Consensus | Exelon Corporation Quote VGM Scores At this time, EXC has a nice Growth Score of B, a grade with the same score on the momentum front. Following the exact same course, the stock was also allocated a grade of B on the value side, putting it in the top 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in. Based on our scores, the stock is equally suitable for value, growth, and momentum investors. Outlook Estimates have been trending upward for the stock and the magnitude of these revisions looks promising. Interestingly, EXC has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-06-04,25.2682,25.4206,24.8569,24.9302,
EXC,2018-06-05,25.0279,25.0592,24.7377,24.8628,
EXC,2018-06-06,24.9976,24.9976,24.383,24.4192,"Public Service Enterprise Group Incorporated (PEG) Ex-Dividend Date Scheduled for June 07, 2018 Public Service Enterprise Group Incorporated ( PEG ) will begin trading ex-dividend on June 07, 2018. A cash dividend payment of $0.45 per share is scheduled to be paid on June 29, 2018. Shareholders who purchased PEG prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.65% increase over prior dividend payment. At the current stock price of $51.97, the dividend yield is 3.46%. The previous trading day's last sale of PEG was $51.97, representing a -2.54% decrease from the 52 week high of $53.33 and a 24.72% increase over the 52 week low of $41.67. PEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PEG's current earnings per share, an indicator of a company's profitability, is $3.98. Zacks Investment Research reports PEG's forecasted earnings growth in 2018 as 6.14%, compared to an industry average of 5.9%. For more information on the declaration, record and payment dates, visit the PEG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PEG through an Exchange Traded Fund [ETF]? The following ETF(s) have PEG as a top-10 holding: John Hancock Multifactor Utilities ETF ( JHMU ) iShares Russell Mid-cap Value ETF ( IWS ). The top-performing ETF of this group is IWS with an decrease of -1.63% over the last 100 days. JHMU has the highest percent weighting of PEG at 4.7%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-06-07,24.4378,24.9243,24.3665,24.685,
EXC,2018-06-08,24.6468,24.7885,24.4378,24.597,
EXC,2018-06-11,24.597,24.7328,24.4279,24.5549,"Ameren Corporation (AEE) Ex-Dividend Date Scheduled for June 12, 2018 Ameren Corporation ( AEE ) will begin trading ex-dividend on June 12, 2018. A cash dividend payment of $0.458 per share is scheduled to be paid on June 29, 2018. Shareholders who purchased AEE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that AEE has paid the same dividend. At the current stock price of $56.69, the dividend yield is 3.23%. The previous trading day's last sale of AEE was $56.69, representing a -12.64% decrease from the 52 week high of $64.89 and a 9.25% increase over the 52 week low of $51.89. AEE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AEE's current earnings per share, an indicator of a company's profitability, is $2.35. Zacks Investment Research reports AEE's forecasted earnings growth in 2018 as 7.49%, compared to an industry average of 6.1%. For more information on the declaration, record and payment dates, visit the AEE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AEE through an Exchange Traded Fund [ETF]? The following ETF(s) have AEE as a top-10 holding: SPDR Select Sector Fund - Utilities ( XLU ) Nationwide Risk-Based U.S. Equity ETF ( RBUS ). The top-performing ETF of this group is XLU with an decrease of -2.91% over the last 100 days. It also has the highest percent weighting of AEE at 2.17%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-06-12,24.5549,24.9429,24.5432,24.8989,
EXC,2018-06-13,24.9722,25.2897,24.8188,24.9165,"[""Xcel Energy Inc. (XEL) Ex-Dividend Date Scheduled for June 14, 2018 Xcel Energy Inc. ( XEL ) will begin trading ex-dividend on June 14, 2018. A cash dividend payment of $0.38 per share is scheduled to be paid on July 20, 2018. Shareholders who purchased XEL prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.56% increase over prior dividend payment. At the current stock price of $42.58, the dividend yield is 3.57%. The previous trading day's last sale of XEL was $42.58, representing a -18.46% decrease from the 52 week high of $52.22 and a 2.58% increase over the 52 week low of $41.51. XEL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). XEL's current earnings per share, an indicator of a company's profitability, is $2.36. Zacks Investment Research reports XEL's forecasted earnings growth in 2018 as 6.25%, compared to an industry average of 6.1%. For more information on the declaration, record and payment dates, visit the XEL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Unit & United Renewable Complete 1.8 MW Solar Project Exelon CorporationEXC announced that its subsidiary, Constellation, along with United Renewable Energy LLC have completed a 1.8 megawatt (MW) solar generation project located at Hunter Farms, in Jakin, GA. This solar project will consist of 5,305 photovoltaic panels fitted in a tracking solar array and operate under a 30-year Power Purchase Agreement (PPA), with Constellation selling all energy and environmental attributes to Georgia Power. Constellation is focused on expanding its renewable energy generation in Georgia. It presently owns and operates nearly 17.8 MW solar projects in Georgia. Last year, the company along with United Renewable Energy completed a 1 MW solar project in Georgia, and its entire production had been sold to Georgia Power under a 30-year PPA. Rising Importance of Renewables Despite efforts from the new administration to safeguard interest of the coal-fired unit, it is quite clear that demand for coal as an energy source is on the decline, and the void will be filled up by natural gas and renewable sources. The latest report from U.S. Energy Information Administration (\""EIA\"") indicates that energy consumption from renewable sources will increase 3.8% to 11.431 quadrillion Btu in 2018 and 2.9% to 11.766 quadrillion Btu in 2019. Per the EIA report, production from solar power will also increase 19.9% to 0.928 quadrillion Btu in 2018 and 18% to 1.095 quadrillion Btu in 2019. Focus on Storage Facilities Utility space in the United States is evolving and its emphasis on renewable generation is quite evident. Since the renewable sources like solar and wind were not able to produce electricity 24x7 like the conventional fossil or nuclear power plants, it has become essential to develop battery storage facilities. Battery storage facilities store power produced from renewable sources and supply them to the grid when there is high demand. Battery storage will increase reliability of the entire power distribution operation and lower dependence on fossil-fuel generation. Exelon has also invested in the new energy storage technology through Volta Energy Technologies. In addition, other large utilities like American Electric Power AEP and Duke Energy DUK have also invested to develop energy storage facilities. Per an EIA release, the United States had 742 MWh of energy in operational large-scale battery capacity at the end of 2017. Given the increasing production from renewables and decreasing cost to install storage facilities, we expect more such facilities to come up in the United States. Price Movement In a year's time, Exelon has returned 10.8% against its industry 's decline of 9.6%. Zacks Rank & Key Pick Exelon currently has a Zacks Rank #3 (Hold). A better-ranked stock in the same space is NRG Energy Inc. NRG , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . The Hottest Tech Mega-Trend of All Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce \""the world's first trillionaires,\"" but that should still leave plenty of money for regular investors who make the right trades early. See Zacks' 3 Best Stocks to Play This Trend >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report NRG Energy, Inc. (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-06-14,24.9165,25.2839,24.8432,25.2555,
EXC,2018-06-15,25.195,25.5633,24.9536,25.5125,
EXC,2018-06-18,25.4783,25.7294,25.4783,25.6542,
EXC,2018-06-19,25.6737,25.9131,25.363,25.5867,
EXC,2018-06-20,25.6434,25.791,25.4636,25.705,"New conservative PAC to push for carbon tax in U.S. Large corporations, ex-Fed chiefs and former senators among backers A group of veteran conservative political leaders are launching a political-action committee to push for a U.S. carbon tax, a move potentially funded by several large corporations that could test Republican appetite to act on climate legislation."
EXC,2018-06-21,25.6493,25.7754,25.3288,25.4783,
EXC,2018-06-22,25.5741,25.66,25.4275,25.5193,
EXC,2018-06-25,25.5741,25.8926,25.5125,25.7362,
EXC,2018-06-26,25.7978,25.96,25.705,25.8466,
EXC,2018-06-27,25.8466,26.0401,25.7655,25.9503,
EXC,2018-06-28,26.0294,26.2023,25.8956,25.9981,"After Hours Most Active for Jun 28, 2018 : NBL, KR, EXC, BAC, GFI, CX The NASDAQ 100 After Hours Indicator is up 6.58 to 7,038.18. The total After hours volume is currently 41,764,320 shares traded. The following are the most active stocks for the after hours session : Noble Energy Inc. ( NBL ) is unchanged at $35.10, with 1,714,825 shares traded. As reported by Zacks, the current mean recommendation for NBL is in the ""buy range"". Kroger Company (The) ( KR ) is unchanged at $28.43, with 1,528,426 shares traded. KR's current last sale is 94.77% of the target price of $30. Exelon Corporation ( EXC ) is unchanged at $42.28, with 1,446,241 shares traded. As reported by Zacks, the current mean recommendation for EXC is in the ""buy range"". Bank of America Corporation ( BAC ) is +0.03 at $28.70, with 1,008,315 shares traded. As reported by Zacks, the current mean recommendation for BAC is in the ""buy range"". Gold Fields Limited ( GFI ) is -0.0246 at $3.51, with 970,074 shares traded. GFI's current last sale is 65.64% of the target price of $5.34. Cemex S.A.B. de C.V. ( CX ) is unchanged at $6.57, with 950,302 shares traded. As reported by Zacks, the current mean recommendation for CX is in the ""buy range"". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-06-29,26.0371,26.2658,25.8466,26.1964,"After Hours Most Active for Jun 29, 2018 : CPRT, EXEL, DPS, CMCSA, TWTR, UPL, GE, QQQ, SYMC, EXC, BAC, GM The NASDAQ 100 After Hours Indicator is up 5.4 to 7,046.2. The total After hours volume is currently 116,994,098 shares traded. The following are the most active stocks for the after hours session : Copart, Inc. ( CPRT ) is +0.0028 at $56.56, with 22,655,110 shares traded. CPRT's current last sale is 103.78% of the target price of $54.5. Exelixis, Inc. ( EXEL ) is -0.0011 at $21.52, with 11,443,562 shares traded. As reported by Zacks, the current mean recommendation for EXEL is in the ""buy range"". Dr Pepper Snapple Group, Inc ( DPS ) is unchanged at $122.00, with 10,185,352 shares traded. DPS's current last sale is 99.59% of the target price of $122.5. Comcast Corporation ( CMCSA ) is +0.0699 at $32.88, with 5,492,657 shares traded. As reported by Zacks, the current mean recommendation for CMCSA is in the ""buy range"". Twitter, Inc. ( TWTR ) is +0.12 at $43.79, with 3,677,668 shares traded. TWTR's current last sale is 139.02% of the target price of $31.5. Ultra Petroleum Corp. ( UPL ) is -0.0114 at $2.30, with 3,027,284 shares traded. As reported in the last short interest update the days to cover for UPL is 7.01236; this calculation is based on the average trading volume of the stock. General Electric Company ( GE ) is +0.0501 at $13.66, with 2,956,688 shares traded. GE's current last sale is 85.38% of the target price of $16. Invesco QQQ Trust, Series 1 ( QQQ ) is +0.04 at $171.69, with 2,403,813 shares traded. This represents a 26.43% increase from its 52 Week Low. Symantec Corporation ( SYMC ) is unchanged at $20.65, with 2,351,191 shares traded. SYMC's current last sale is 91.78% of the target price of $22.5. Exelon Corporation ( EXC ) is unchanged at $42.60, with 2,243,488 shares traded. As reported by Zacks, the current mean recommendation for EXC is in the ""buy range"". Bank of America Corporation ( BAC ) is +0.05 at $28.24, with 2,202,300 shares traded. As reported by Zacks, the current mean recommendation for BAC is in the ""buy range"". General Motors Company ( GM ) is +0.05 at $39.45, with 1,806,660 shares traded. As reported by Zacks, the current mean recommendation for GM is in the ""buy range"". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-07-02,26.2404,26.3938,26.044,26.382,
EXC,2018-07-03,26.3753,26.4934,26.1837,26.3263,"10 Best Blue-Chip Stocks to Buy in July InvestorPlace - Stock Market News, Stock Advice & Trading Tips The second half of the year isn't exactly off to a sizzling start. Then again, July usually isn't necessarily a barn-burner, with the S&P 500 averaging only a 0.9% gain. It's not bad, but certainly not game-changing, as investors have their mind on other things this time of year (like ball games, vacations and, this year, arguing with people on the other side of the political aisle). Things don't usually perk up again until September, and really, October, as stocks gear up for the typical year-end rally. Yet, there are always buy-worthy names for those who look hard enough. Either through special situations or cyclical trends, a handful of stocks manage to buck the lethargy and make forward progress in the midst of the dog days of summer. 20 Red-Hot Tech Stocks to Consider With that as the backdrop, here's a rundown of the top stocks to buy in July. Some are familiar, while others aren't. In all 10 cases though, there's something uniquely special right here and right now. Blue-Chip Stocks to Buy: Weyerhaeuser (WY) Source: Aleksandar Radovanovic via Flickr Weyerhaeuser (NYSE: WY ) isn't going to win any value awards, even if earnings recoup as expected next year. The forward-looking P/E of 24 is well above the norm. Yet, this timber company may be on the verge of catching a psychological tailwind. With just a quick glance at the headlines, it looks and feels like the construction market is slowing down. That may be a misleading message though. With Q2's GDP growth rate projected on the order of 4% and unemployment at multiyear lows - while home inventories remain painfully thin - some observers are calling for a construction explosion in the latter half of this year. Blue-Chip Stocks to Buy: Cognizant Technology Solutions (CTSH) Source: Cognizant Technology Solutions via Flickr Cognizant Technology Solutions (NASDAQ: CTSH ) is, as the name suggests, an information technology consulting and services outfit. It's a great time to be in the business. The advent of cloud computing and artificial intelligence opens the door to all sorts of opportunities. Problem is, not all companies know how to take their information technology arms to the proverbial next level. Cognizant helps make that happen. 5 Bank Stocks That Pay Big Dividends to Shareholders The proof of the pudding is in the numbers. This year's sales are projected to grow nearly 10%, and then improve to the tune of 9% next year. That's not earth-shattering, but the bottom line is growing much better than the top line is. Per-share profits are modeled to grow 19% this year, and another 14% in 2019. Blue-Chip Stocks to Buy: Humana (HUM) One would think with all the uncertainty surrounding the entire healthcare market, Humana (NYSE: HUM ) would be fighting a losing battle. In reality though, we're seeing quite the opposite. The health insurer has actually figured out how to remain anchored in the choppy storm, picking the right businesses to be in and steering clear of the less fruitful ones. The clincher: In the wake of the employee-healthcare solution created between Amazon.com (NASDAQ: AMZN ), Berkshire Hathaway (NYSE: BRK.A , NYSE: BRK.B ) and JPMorgan Chase (NYSE: JPM ), Humana is increasingly interested in building similar solutions. A couple of weeks ago it established a partnership with Walgreens Boots Alliance (NASDAQ: WBA ), and just this week it acquired a hospital and clinic network called Kindred for $4.1 billion. That's the shape of things to come, and Humana realizes it needs to be a pace-setter in that regard. Blue-Chip Stocks to Buy: Boston Scientific Corporation (BSX) Source: Shutterstock Being a reliable industry leader doesn't inherently make that company's stock a buy, but it sure doesn't hurt. And, there's no doubt about it … Boston Scientific Corporation (NYSE: BSX ) is one of the leading names in the medical equipment arena. It sells a little of everything , setting the stage for consistent results, and consistent growth. Revenue is only expected to grow by single-digits this year and next, but like Cognizant Technology Solutions, earnings are growing a lot faster than sales are. Bonus: Boston Scientific may be a buyout target as well. The ABSOLUTE Best Way to Invest in the Marijuana Boom Stryker Corporation (NYSE: SYK ) denies it's interested, but two weeks ago, that was the rumor in circulation . Such ideas surface, however, largely because there's some semblance of truth to it. If not Stryker, and not now, then perhaps another suitor, and soon. Blue-Chip Stocks to Buy: Exelon (EXC) Source: Riccardo Annandale Via Unsplash It's more of a sector play than a company-specific opportunity. But, among the budding rallies within the utilities sector, Exelon Corporation (NYSE: EXC ) is arguably the most compelling. EXC shares have had a pretty good year, gaining 19% from its 2018 lows despite a rough patch for most other utility names. Despite its outsized relative gain, the dividend yield is still a better-than-average 3.2%. Yet, if the market finally does start to unravel and dish out an overdue correction, not all names are subject to that pullback. In search of safety, investors are apt to seek out defensive names. Utilities, and Exelon in particular, should be among the first places they look. Even if not though, EXC is doing well in its own right. Blue-Chip Stocks to Buy: Seagate Technology (STX) Source: Shutterstock You know the company. Seagate Technology (NASDAQ: STX ) makes hard disk drives for computers and servers. Though the advent of solid state drives has put its position as a market leader under pressure, investors - like companies and consumers - are slowly but surely realizing that traditional disk drives still have their place. BlueFin Research Partners analysts John Donovan and Paul Peterson recently wrote of Seagate Technology : ""While the PC segment has been plagued by relatively anemic demand, HDD suppliers Western Digital (WDC) and Seagate (STX) remain our favorites due to strength outside of the PC space. WDC and STX topped estimates in the March quarter as expected, as momentum from nearline continued to strengthen. We see both companies trending ahead of guidance once again in the June quarter."" BlueFin clearly likes Seagate rival Western Digital Corp (NASDAQ: WDC ) as well. 6 Marijuana Stocks to Invest In for 1,000%+ Gains However, STX shares have shown a little more relative strength over the course of the past few months. Blue-Chip Stocks to Buy: Alphabet (GOOG, GOOGL) It's undeniably the most recognizable name on our list of 10 blue chip stocks to buy this month, almost to the point of being cliche. But, Alphabet (NASDAQ: GOOG , NASDAQ: GOOGL ) - the parent of search engine giant Google - has more than earned the honor. Did you know that at no point since the year 2000 has Alphabet's trailing-12-month revenue fallen ? Ditto for operating income. The headlines and rhetoric haven't always suggested this was the case; Alphabet has been a company that investors as well as the professional stock-pickers have liked to use as a punching bag every now and then. The company itself, however, always seems to find a way to keep moving forward in spite of the critics. Blue-Chip Stocks to Buy: DXC Technology (DXC) Source: Shutterstock From the best-known to the least well-known … DXC Technology (NYSE: DXC ) is likely a name most investors aren't familiar with. Yet, there's a good chance that those some investors, as consumers, have benefited from the work that DXC does. DXC Technology is a ""digital transformation"" company . In the same vein as Cognizant Technology Solutions, it helps organizations modernize their technology departments. It's a bit more focused and purpose-specific, though there's no denying the two outfits overlap on some fronts. 4 Developments That Will Fuel the Mega Marijuana Market Whatever the case, the numbers don't lie. After a turbulent past few months, experts think the company is on the right track. They're modeling per-share profit growth of 11% for next year, translating into a forward-looking P/E of only 9.1. Blue-Chip Stocks to Buy: National-Oilwell Varco (NOV) Source: Bjoertvedt via Wikimedia (Modified) Being one of the top-performing stocks within the oilfield services market can be a double-edged sword. Though leadership draws the attention of buyers, it also invites profit-taking. That's largely what has happened (and is happening) to National-Oilwell Varco (NYSE: NOV ). Up more than 18% year-to-date and up nearly 30% for the last year, it has been an exciting name to own. But, it also currently sports more ""sell"" ratings than any of its peers . This is a case, however, where a stock is well positioned to climb a wall of worry. Oil prices have been amazingly resilient, with most drillers remaining disciplined and not overproducing. Though the EIA believes the price of brent crude will peel back a little and end up averaging $71 per barrel , and then slide to an average of around $68 next year, that's still more than strong enough to keep these names profitable. The bigger the name, the better. Blue-Chip Stocks to Buy: Republic Services (RSG) Source: Shutterstock Last but not least on our look at the top 10 blue-chip stocks to buy in July, add waste management outfit Republic Services (NYSE: RSG ) to your watchlist. Yes, it's boring, but don't be fooled. There's reliable money in the business … and more growth than you might think. The pros are calling for a 26% improvement in earnings this year, followed by 10% growth next year. As CEO Donald Slager explained it just a few days ago , ""Garbage is good. People like the stability of our cash flow and the predictability of what we do with that cash flow."" 20 Massively Underpriced Stocks Wall Street Expects to Soar Better still, that bottom line might end up growing more than currently expected, with the company mulling the acquisition of smaller and independent waste-collection players and creating some synergy through size. It has earmarked about $100 million for such deals to get done this year alone. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter , at @jbrumley. Legendary Investor Louis Navellier's Trading Breakthrough Discovered almost by accident, Louis Navellier's incredible trading breakthrough has delivered 148 double- and triple-digit winners over the last 5 years - including a stunning 487% win in just 10 months. Learn to use this formula and you can start turning every $10,000 invested into as much as $58,700 . Click here to review Louis' urgent presentation. Compare Brokers The post 10 Best Blue-Chip Stocks to Buy in July appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-07-05,26.382,26.4329,26.2218,26.3938,
EXC,2018-07-06,26.388,26.557,26.3088,26.4973,"Scana Corporation (SCG) Ex-Dividend Date Scheduled for July 09, 2018 Scana Corporation ( SCG ) will begin trading ex-dividend on July 09, 2018. A cash dividend payment of $0.124 per share is scheduled to be paid on July 18, 2018. Shareholders who purchased SCG prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -79.77% decrease from the prior dividend payment. At the current stock price of $40.56, the dividend yield is 1.22%. The previous trading day's last sale of SCG was $40.56, representing a -40.66% decrease from the 52 week high of $68.35 and a 20.68% increase over the 52 week low of $33.61. SCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). SCG's current earnings per share, an indicator of a company's profitability, is -$.84. Zacks Investment Research reports SCG's forecasted earnings growth in 2018 as -22.62%, compared to an industry average of 5.9%. For more information on the declaration, record and payment dates, visit the SCG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to SCG through an Exchange Traded Fund [ETF]? The following ETF(s) have SCG as a top-10 holding: iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund ( IFGL ) Vanguard Global ex-U.S. Real Estate ETF ( VNQI ) SPDR S&P Global Dividend ( WDIV ) iShares U.S. Utilities ETF ( IDU ) Inspire Global Hope ETF ( BLES ). The top-performing ETF of this group is IDU with an increase of 9.43% over the last 100 days. IFGL has the highest percent weighting of SCG at 2.39%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-07-09,26.5413,26.5657,25.6308,25.7362,"Monday's ETF with Unusual Volume: JXI The iShares Global Utilities ETF ( JXI ) is seeing unusually high volume in afternoon trading Monday, with over 213,000 shares traded versus three month average volume of about 33,000. Shares of JXI were down about 1.3% on the day. Components of that ETF with the highest volume on Monday were PPL ( PPL ), trading off about 4% with over 4.3 million shares changing hands so far this session, and Exelon ( EXC ), off about 2.1% on volume of over 2.9 million shares. Enel Americas ( ENIA ) is the component faring the best Monday, higher by about 2.5% on the day. VIDEO: Monday's ETF with Unusual Volume: JXI The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-07-10,25.5193,26.0567,25.4959,25.9306,
EXC,2018-07-11,25.9981,26.1935,25.3356,26.1026,
EXC,2018-07-12,26.128,26.1964,25.8037,26.044,
EXC,2018-07-13,26.1163,26.1564,25.8515,26.0694,
EXC,2018-07-16,25.9981,26.0753,25.8037,25.9189,
EXC,2018-07-17,25.9503,26.0294,25.7597,25.7792,"After Hours Most Active for Jul 17, 2018 : GE, WFC, FOXA, T, QQQ, F, BGCP, VALE, EXC, SOXX, INTC, AAPL The NASDAQ 100 After Hours Indicator is up 3.57 to 7,407.46. The total After hours volume is currently 36,124,494 shares traded. The following are the most active stocks for the after hours session : General Electric Company ( GE ) is +0.01 at $13.70, with 3,837,301 shares traded.GE is scheduled to provide an earnings report on 7/20/2018, for the fiscal quarter ending Jun2018. The consensus earnings per share forecast is 0.18 per share, which represents a 28 percent increase over the EPS one Year Ago Wells Fargo & Company ( WFC ) is unchanged at $56.56, with 2,227,847 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2018. The consensus EPS forecast is $1.17. WFC's current last sale is 90.5% of the target price of $62.5. Twenty-First Century Fox, Inc. ( FOXA ) is +0.19 at $46.66, with 1,926,690 shares traded. As reported by Zacks, the current mean recommendation for FOXA is in the ""buy range"". AT&T Inc. ( T ) is +0.02 at $31.78, with 1,868,859 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2018. The consensus EPS forecast is $0.94. T is scheduled to provide an earnings report on 7/24/2018, for the fiscal quarter ending Jun2018. The consensus earnings per share forecast is 0.85 per share, which represents a 79 percent increase over the EPS one Year Ago Invesco QQQ Trust, Series 1 ( QQQ ) is +0.07 at $180.34, with 1,653,822 shares traded., following a 52-week high recorded in today's regular session. Ford Motor Company ( F ) is +0.04 at $10.90, with 1,633,014 shares traded. F's current last sale is 77.86% of the target price of $14. BGC Partners, Inc. ( BGCP ) is +0.011 at $11.08, with 1,371,828 shares traded. As reported by Zacks, the current mean recommendation for BGCP is in the ""strong buy range"". VALE S.A. ( VALE ) is unchanged at $13.25, with 1,367,862 shares traded. VALE's current last sale is 91.38% of the target price of $14.5. Exelon Corporation ( EXC ) is unchanged at $41.92, with 1,263,969 shares traded. As reported by Zacks, the current mean recommendation for EXC is in the ""buy range"". iShares PHLX SOX Semiconductor Sector Index Fund ( SOXX ) is +0.049 at $184.33, with 1,155,910 shares traded. This represents a 29.1% increase from its 52 Week Low. Intel Corporation ( INTC ) is -0.03 at $51.72, with 1,068,824 shares traded. Over the last four weeks they have had 12 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2018. The consensus EPS forecast is $0.99. INTC's current last sale is 86.2% of the target price of $60. Apple Inc. ( AAPL ) is +0.03 at $191.48, with 984,520 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the ""buy range"". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-07-18,25.8037,25.8398,25.577,25.7792,
EXC,2018-07-19,25.8262,26.1163,25.8242,25.9775,
EXC,2018-07-20,25.8593,25.9834,25.6864,25.8593,
EXC,2018-07-23,25.9306,25.9376,25.4959,25.5867,"Interesting EXC Put And Call Options For September 21st Investors in Exelon Corp (Symbol: EXC) saw new options begin trading today, for the September 21st expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the EXC options chain for the new September 21st contracts and identified one put and one call contract of particular interest. The put contract at the $41.00 strike price has a current bid of 75 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $41.00, but will also collect the premium, putting the cost basis of the shares at $40.25 (before broker commissions). To an investor already interested in purchasing shares of EXC, that could represent an attractive alternative to paying $41.56/share today. Because the $41.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 59%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 1.83% return on the cash commitment, or 11.13% annualized - at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $41.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $42.00 strike price has a current bid of 70 cents. If an investor was to purchase shares of EXC stock at the current price level of $41.56/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $42.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 2.74% if the stock gets called away at the September 21st expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if EXC shares really soar, which is why looking at the trailing twelve month trading history for Exelon Corp, as well as studying the business fundamentals becomes important. Below is a chart showing EXC's trailing twelve month trading history, with the $42.00 strike highlighted in red: Considering the fact that the $42.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 57%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 1.68% boost of extra return to the investor, or 10.25% annualized, which we refer to as the YieldBoost . The implied volatility in the put contract example is 20%, while the implied volatility in the call contract example is 16%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $41.56) to be 15%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-07-24,25.5193,25.6493,25.195,25.6131,"Daily Dividend Report: BBT, EHC, HXL, MRK, EXC, AEP BB&T Corporation ( BBT ) declared a quarterly common stock cash dividend increase of $0.03 to $0.405 per share payable Sept. 4, 2018, to shareholders of record at the close of business Aug. 10, 2018. Encompass Health Corp. ( EHC ) approved an increase in the Company's quarterly dividend of 8% and declared a quarterly cash dividend on its common stock of $0.27 per share, payable on Oct. 15, 2018, to holders of record on Oct. 1, 2018. Hexcel Corporation ( HXL ) has approved a 20 percent increase in the Company's quarterly cash dividend rate (from $0.125 to $0.15 per common share). The dividend declared today is payable on August 10, 2018 to stockholders of record as of August 3, 2018. Merck ( MRK ) has declared a quarterly dividend of $0.48 per share of the company's common stock for the fourth quarter of 2018. Payment will be made on October 5, 2018 to shareholders of record at the close of business on September 17, 2018. Exelon Corporation declared a regular quarterly dividend of $0.345 per share on Exelon's common stock. The dividend is payable on Sept. 10, 2018, to shareholders of record of Exelon as of 5 p.m. New York time on Aug. 15, 2018. American Electric Power today declared a regular quarterly cash dividend of 62 cents a share on the company's common stock. The dividend is payable Sept. 10, 2018, to shareholders of record as of Aug. 10, 2018, and is the company's 433rd consecutive quarterly common stock cash dividend. VIDEO: Daily Dividend Report: BBT, EHC, HXL, MRK, EXC, AEP The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-07-25,25.5936,25.9775,25.5799,25.7528,"NextEra Energy (NEE) Q2 Earnings Beat, Sales Miss Estimates NextEra Energy, Inc.NEE reported second-quarter 2018 adjusted earnings of $2.11 per share, beating the Zacks Consensus Estimate of $2.07 by 1.93%. Earnings were up 13.4% year over year. The year-over-year earnings growth was led by solid contribution from both Florida Power & Light Company and NextEra Energy Resources segments. The enhanced growth was primarily due to new investments made at both the segments. On a GAAP basis, NextEra Energy recorded earnings of $1.64 per share, down from $1.68 a year ago. NextEra Energy, Inc. Price, Consensus and EPS Surprise NextEra Energy, Inc. Price, Consensus and EPS Surprise | NextEra Energy, Inc. Quote Total Revenues In the second quarter, NextEra Energy's operating revenues were $4,069 million, lagging the Zacks Consensus Estimate of $4,491 million by 10.4%. Reported revenues were down 7.6% year over year. Segmental Results Florida Power & Light Company: Earnings came in at $1.32 per share, up 17.9% from $1.12 recorded in the prior-year quarter. Revenues amounted to $2,908 million, down 5.9% from the prior-year quarter. Continued investments to strengthen its operation not only increased reliability of services but also allowed it to efficiently serve its expanding customer base. NextEra Energy Resources : Quarterly earnings came in at 86 cents per share, up from 74 cents in the year-ago quarter. Revenues amounted to $1,162 million, down 10.3% from the prior-year quarter. Corporate and Other : Operating Loss in the reported quarter was 7 cents compared with breakeven earnings in the year-ago quarter. Highlights of the Release In the reported quarter, NextEra Energy's total operating expenses were down 7.1% to $2,907 million. Interest expenses in the quarter were $394 million, down 8.4% from the year-ago quarter. In the reported quarter, Florida Power & Light Company's total average customer count went up 56,000 or 1.1% year over year. NextEra Energy Resources expanded its backlog of renewable projects in excess of 1,620 MW in the second quarter of 2018, adding 535 MW of wind projects and 90 MW of battery storage projects. Financial Update NextEra Energy had cash and cash equivalents of $478 million as of Jun 30, 2018 compared with $1,714 million on Dec 31, 2017. Long-term debt as of Jun 30, 2018 was $28.35 billion, down from $31.4 billion on Dec 31, 2017. NextEra Energy's cash flow from operating activities in the first six months of 2018 was $2,933 million compared with $3,251 million in the first six months of 2017. 2018 Guidance NextEra Energy reiterated its adjusted earnings guidance in the range of $7.45-$7.95 for 2018. The company expects its earnings to register a compound annual growth rate of 6-8% per year through 2021, off its 2018 earnings midpoint of $7.70. Zacks Rank Currently, NextEra Energy carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Upcoming Releases Dominion Energy D is scheduled to report second-quarter 2018 results on Aug 1. The Zacks Consensus Estimate is pegged at 77 cents. Eversource Energy ES is scheduled to announce second-quarter 2018 results on Aug 1. The Zacks Consensus Estimate stands at 75 cents. Exelon Corp. EXC is scheduled to report second-quarter 2018 results on Aug 2. The Zacks Consensus Estimate is pegged at 81 cents. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report Eversource Energy (ES): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-07-26,25.8839,26.004,25.791,25.9922,
EXC,2018-07-27,26.0107,26.1837,25.8466,25.9503,"[""What's in the Cards for Eversource Energy in Q2 Earnings? We expect Eversource EnergyES to beat earnings estimates when it reports second-quarter 2018 financial results on Aug 1, before the opening bell. The utility's earnings in the last reported quarter were in line with the year-ago quarter. What Our Quantitative Model Predicts Our proven model shows that Eversource Energy is likely to beat estimates in the upcoming quarterly results. A stock needs to have both a positive Earnings ESP (which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate) and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to surpass estimates, and Eversource Energy has the right mix. You can see the complete list of today's Zacks #1 Rank stocks here You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Earnings ESP : Earnings ESP of the company is pegged at +1.06%. Eversource Energy Price and EPS Surprise Eversource Energy Price and EPS Surprise | Eversource Energy Quote Zacks Rank : Currently, Eversource Energy carries a Zacks Rank #2. The combination of the company's favorable Zacks Rank and a positive ESP makes us reasonably confident of a positive earnings surprise. Conversely, we caution against Sell-rated stocks (#4 or 5) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Factors to Consider The Zacks Consensus Estimate for the second quarter is pegged at 75 cents, which reflects year-over-year growth of 4.16%. Second-quarter earnings will benefit from the contribution of its acquired Aquarion Water Company. The new rates approved in Connecticut that became effective May 1 will also have a positive impact on the company's earnings. Other Stocks to Consider In addition to Eversource Energy, investors can also consider the following players from the industry that also have the right combination of elements to post an earnings beat in the to-be-reported quarter. Dominion Energy D is expected to report second-quarter 2018 numbers on Aug 1, 2018. It has an Earnings ESP of +2.93% and carries a Zacks Rank #2. Exelon Corporation EXC is slated to release second-quarter 2018 numbers on Aug 1, 2018. It has an Earnings ESP of +0.39% and carries a Zacks Rank #2. Duke Energy Corporation DUK is expected to report second-quarter 2018 numbers on Aug 2, 2018. It has an Earnings ESP of +0.52% and carries a Zacks Rank #2. 5 Medical Stocks to Buy Now Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions. New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits. Click here to see the 5 stocks >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report Eversource Energy (ES): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""NiSource, Inc (NI) Ex-Dividend Date Scheduled for July 30, 2018 NiSource, Inc ( NI ) will begin trading ex-dividend on July 30, 2018. A cash dividend payment of $0.195 per share is scheduled to be paid on August 20, 2018. Shareholders who purchased NI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that NI has paid the same dividend. At the current stock price of $26.12, the dividend yield is 2.99%. The previous trading day's last sale of NI was $26.12, representing a -5.91% decrease from the 52 week high of $27.76 and a 16.4% increase over the 52 week low of $22.44. NI is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NI's current earnings per share, an indicator of a company's profitability, is $.55. Zacks Investment Research reports NI's forecasted earnings growth in 2018 as 6.61%, compared to an industry average of 6.1%. For more information on the declaration, record and payment dates, visit the NI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to NI through an Exchange Traded Fund [ETF]? The following ETF(s) have NI as a top-10 holding: First Trust North American Energy Infrastructure Fund ( EMLP ) First Trust Exchange-Traded Fund III First Trust Horizon Manag ( HUSV ) John Hancock Multifactor Utilities ETF ( JHMU ) iShares U.S. Utilities ETF ( IDU ) ETF Series Solutions ( ACSI ). The top-performing ETF of this group is IDU with an increase of 6.82% over the last 100 days. EMLP has the highest percent weighting of NI at 9999.99%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-07-30,25.9248,25.9864,25.6131,25.705,"[""Is a Beat in Store for Exelon (EXC) This Earnings Season? We expect Exelon CorporationEXC to pull off a positive earnings surprise when it reports second-quarter 2018 earnings on Aug 2. The utility reported an earnings surprise of 3.23% in the previously reported quarter. Why a Likely Positive Surprise? Our proven model shows that Exelon is likely to beat estimates because it has the right combination of the following two key ingredients - a positive Earnings ESP and a favorable Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. Earnings ESP: Exelon has an Earnings ESP of +0.39%, indicative of a likely earnings surprise. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank: Exelon carries a Zacks Rank #2, which increases the predictive power of ESP. Stocks with a solid Zacks Rank combined with a positive ESP significantly have higher chances of an earnings beat. Conversely, the Sell-rated stocks (#4 or 5) should never be considered going into an earnings announcement, especially when the company is seeing negative estimate revisions. Exelon Corporation Price and EPS Surprise Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote Factors to Consider The company expects to generate operating earnings of 55-65 cents per share in the second quarter compared with 54 cents reported in last year's comparable quarter. Also, Exelon is likely to benefit from its cost management initiatives through improved efficiency and productivity. The Zacks Consensus Estimate for the company's total revenues is pegged at $7,640 million, reflecting 1.7% growth from the year-ago quarter. The consensus estimate for second-quarter earnings is pegged at 61 cents per share compared with 52 cents in the prior-year period. On Feb 9, 2018, the company has received a rate hike in the Delmarva, Maryland rate case which will increase the company's revenue by nearly $13.4 million effective immediately. However, the company has also reached a settlement in April at Pepco Maryland for strategically incorporating revenue decreases of $15 million, with effect from Jun 1. The expected revenue decline is on account of passing the tax benefits to customers with the recent tax reform legislation. Upcoming Releases Exelon is not the only stock in the Zacks Utility Power industry , which is likely to report a positive surprise. Investors can also check out some other stocks worth considering from the same space this earnings season. Ameren Corporation AEE is expected to report second-quarter earnings on Aug 3. The company has a Zacks Rank of 2 and an Earnings ESP of +1.69%. You can see the complete list of today's Zacks #1 Rank stocks here . Dominion Energy Inc. D is expected to report second-quarter earnings on Aug 1. The company has an Earnings ESP of +0.84% and is a Zacks #2 Ranked player. CenterPoint Energy Inc. CNP is expected to report second-quarter earnings on Aug 3. The company has an Earnings ESP of +0.93% and is a #2 Ranked stock. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Dominion Energy (D) to Report Q2 Earnings: What's in Store? Dominion EnergyD is expected to beat earnings estimates when it reports second-quarter results on Aug 1, 2018 before the opening bell. In the last reported quarter, the utility company delivered a positive earnings surprise of 3.41%. Here is What Our Quantitative Model Predicts A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to beat estimates. Our model shows that Dominion Energy is likely to beat on earnings in the soon-to-be-reported quarter as it possesses both the components. Earnings ESP : The company's Earnings ESP is +0.84%. Dominion Energy Inc. Price and EPS Surprise Dominion Energy Inc. Price and EPS Surprise | Dominion Energy Inc. Quote You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank : Currently, Dominion Energy carries a Zacks Rank #2, which when combined with a positive Earnings ESP, increases the possibility of an earnings beat. You can see the complete list of today's Zacks #1 Rank stocks here We caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revision. Factors to Consider Dominion Energy expects its second-quarter earnings in the range of 70-80 cents per share compared with 67 cents in the year-ago quarter. Its second-quarter 2018 earnings are expected to benefit from a return to normal weather, the Cove Point Liquefaction project and absence of refueling outage at Millstone. However, higher share count and lower solar tax credits are likely to offset these positives to some extent. Other Stocks to Consider In addition to Dominion Energy, investors may also consider the following companies from the same industry that have the right combination of elements to beat estimates in the quarter to be reported: Eversource Energy ES has an Earnings ESP of +1.06% and a Zacks Rank #2. The company is expected to report second-quarter 2018 earnings on Aug 1. Duke Energy Corporation DUK has an Earnings ESP of +0.52% and a Zacks Rank #2. The company is slated to report second-quarter 2018 results on Aug 2. Exelon Corporation EXC has an Earnings ESP of +0.39% and a Zacks Rank #2. The company is expected to report second-quarter 2018 numbers on Aug 1. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report Eversource Energy (ES): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Stocks With Amazingly Low EV/EBITDA Ratios to Own Now The price-to-earnings (P/E) ratio is widely considered by investors as a yardstick for evaluating the fair market value of a stock. Many value investors prefer to take the P/E route in their pursuit for stocks that are trading at attractive prices. However, even this widely used equity valuation multiple suffers a few downsides. Why EV/EBITDA is a Better Choice? While P/E enjoys significant popularity in the value investing world, a more complicated metric called EV/EBITDA does a better job as it offers a clearer picture of a firm's valuation and earnings potential. EV/EBITDA determines the total value of a firm while P/E just considers its equity portion. Also referred to as enterprise multiple, EV/EBITDA is the enterprise value (EV) of a stock divided by its earnings before interest, taxes, depreciation and amortization (EBITDA). EV is the sum of a company's market capitalization, its debt and preferred stock minus cash and cash equivalents. In a nutshell, it is the entire value of a company. EBITDA, the other constituent of the ratio, is a true reflection of a company's profitability as it strips out non-cash expenses like depreciation and amortization that dilute net earnings. It is also often used as a proxy for cash flows. Typically, the lower the EV/EBITDA ratio, the more enticing it is. A low EV/EBITDA ratio could signal that a stock is potentially undervalued. However, unlike P/E ratio, EV/EBITDA takes into account the debt on a company's balance sheet. For this reason, EV/EBITDA is usually used to value possible acquisition targets. Stocks with a low EV/EBITDA multiple could be seen as potential takeover candidates. Moreover, P/E can't be used to value a loss-making firm. A company's earnings are also subject to accounting estimates and management manipulation. On the other hand, EV/EBITDA is difficult to manipulate and can also be used to value companies that are making loss but are EBITDA-positive EV/EBITDA is also a useful tool in assessing the value of firms that are highly leveraged and have a high degree of depreciation. Moreover, the ratio allows the comparison of companies with different debt levels. However, EV/EBITDA is also not without its shortcomings and alone cannot conclusively determine a stock's inherent potential and future performance. The ratio varies across industries and is generally not appropriate while comparing stocks in different industries given their diverse capital spending requirements. As such, instead of just relying on EV/EBITDA, you can combine it with the other major ratios such as price-to-book (P/B), P/E and price-to-sales (P/S) to screen value stocks. Screening Criteria Here are the parameters to screen for true value stocks: EV/EBITDA 12 Months-Most Recent less than X-Industry Median: A lower EV/EBITDA ratio represents a cheaper valuation. P/E using (F1) less than X-Industry Median: This metric screens stocks that are trading at a discount to their peers. P/B less than X-Industry Median: A lower P/B compared with the industry average implies that the stock is undervalued. P/S less than X-Industry Median: The lower the P/S ratio the more attractive the stock is as investors will have to pay a smaller price for the same amount of sales generated by the company. Estimated One-Year EPS Growth F(1)/F(0) greater than or equal to X-Industry Median: This parameter will help in screening stocks that have growth rates higher than the industry median. This is a meaningful indicator as decent earnings growth always adds to investor optimism. Average 20-day Volume greater than or equal to 100,000: The addition of this metric ensures that shares can be traded easily. Current Price greater than or equal to $5: This parameter will help in screening stocks that are trading at a minimum price of $5 or higher. Zacks Rank less than or equal to 2: No screening is complete without the Zacks Rank, which has proven its worth since inception. It is a fundamental truth that stocks with a Zacks Rank #1 (Strong Buy) or 2 (Buy) have always managed to beat adversities and outperform the market. Value Score of less than or equal to B: Our research shows that stocks with a Value Score of A or B when combined with a Zacks Rank #1 or 2 offer the best upside potential. Here are five of the 19 stocks that passed the screen: Santander Consumer USA Holdings Inc.SC is a technology-driven consumer finance company focused on vehicle finance and unsecured consumer lending products. This Zacks Rank #1 stock has an expected year-over-year earnings growth rate of 46.6% for 2018 and a Value Score of A. Boise Cascade CompanyBCC operates as a wood products manufacturer and building materials distributor. This Zacks Rank #1 stock has an expected year-over-year earnings growth rate of 84.3% for 2018 and a Value Score of B. You can see the complete list of today's Zacks #1 Rank stocks here . Rayonier Advanced Materials Inc.RYAM operates as a global supplier of cellulose specialties products, a natural polymer for the chemical industry. The stock has an expected year-over-year earnings growth rate of 105.2% for 2018. It currently has a Value Score of A and a Zacks Rank #2. United Natural Foods, Inc.UNFI is a leading wholesale distributor to the natural, organic and specialty industry in the United States and Canada. This Zacks Rank #2 stock has an expected year-over-year earnings growth rate of 24.9% for fiscal 2018 and a Value Score of A. Exelon CorporationEXC is a utility services holding company. This Zacks Rank #2 stock has an expected year-over-year earnings growth rate of 18.5% for 2018. It also has a Value Score of B. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance . Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free \u00bb Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Boise Cascade, L.L.C. (BCC): Free Stock Analysis Report Rayonier Advanced Materials Inc. (RYAM): Free Stock Analysis Report Santander Consumer USA Holdings Inc. (SC): Free Stock Analysis Report United Natural Foods, Inc. (UNFI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Misconceptions About Renewable Energy That Could Lead Investors Astray Renewable energy is off to a roaring start in the 21st century. It may not seem like that, considering electricity generated from wind and solar farms still comprises a minority of total global energy production, but many observers forget that the long-term trajectory of the technologies will be exponential, not linear. You gotta start somewhere, as the saying goes. The fast rise of wind and solar bodes well for reaching international climate goals, and has also proven to be great for individual investors that know where to look. That said, there are still quite a few misconceptions about renewable energy -- on both ends of the spectrum -- that could lead investors down the wrong path. 1. Wind and solar are too expensive without subsidies The funny thing is that I used to make this argument years ago. But it turns out wind and solar energy have sprinted down the cost curve -- and they're headed lower. In fact, according to financial advisory firm Lazard , on a levelized cost basis unsubsidized wind power is the cheapest source of electricity generation in the United States at just $0.03 per kilowatt-hour (kWh). That's followed by the newest natural gas-fired power plants at $0.04 per kWh and, surprisingly, unsubsidized utility-scale solar power at $0.043 per kWh. That explains why most major electric utilities have ambitious plans to retire coal-fired capacity and replace it with wind, solar, and natural gas. For instance, Xcel Energy (NASDAQ: XEL) could lean on wind and solar to generate 45% of its electricity in 2027 , with only 22% coming from coal. In 2005 the company's generation mix was just 3% renewables and 56% coal. You can see similar trends in the generation portfolios of most American utilities, and it's driven almost entirely by economics. 2. Renewable energy can replace nuclear power There may be no quicker way to sabotage climate goals than arguing that renewable energy can (or even should) replace nuclear power in the short-term. The reason being is power and energy are not the same thing . In the United States, it takes 3.4 gigawatts of solar capacity or over 2 gigawatts of wind capacity to replace the electricity generated from 1 gigawatt of nuclear power. The on-off nature of renewable power assets means that they run at fractions of their nameplate capacity, whereas nuclear power facilities consistently run at 90% capacity or better. That gap will close slightly as technology improves, but if maximizing clean energy is the goal, then nuclear power has an important role to play in the next decade or two. Unfortunately, undervaluing nuclear power's clean energy production has forced FirstEnergy and Exelon (NYSE: EXC) to announce plans to retire four money-losing nuclear power plants in Pennsylvania and Ohio by 2021. If completed, the four retirements will swipe 40 terawatt-hours per year of carbon-free electricity off the regional grid, called PJM, which produced only 30 terawatt-hours of electricity from all wind and solar installations last year. Luckily for these utilities, there's a push to get the two states to provide financial assistance with zero-emission credit systems. Similar legislation aided Exelon's operations in Illinois and New York, stemming losses and keeping carbon-free electricity energy on the grid. Investors may want to keep a sliver of hope that the company can persuade policymakers to do the same in additional states, which could further boost the company's profitability. 3. Installed capacity is the most important metric The difference between power and energy also matters when comparing one renewable energy project to another, especially in different countries. For instance, China and the United States rank first and second, respectively, in installed power capacity from wind and solar. The former had 289 gigawatts of capacity installed at the end of 2017, while the latter had 121 gigawatts installed. That's a difference of 139%, but China's renewable energy growth isn't as good as it seems . The country only generated 38% more electricity from wind and solar than its second-place challenger. Most of the gap between installed capacity and energy generated can be explained by the quality of technology installed, grid connections, and the large differences in wind and solar potential between the two countries. Nonetheless, the comparison highlights the importance of evaluating the details of international utility projects in the portfolios of renewable electricity yieldcos such as Pattern Energy (NASDAQ: PEGI) . The company is making a big push into Japanese wind power , but the country has relatively poor wind potential compared to the United States. The best wind farms in Japan operate at just 29% efficiency, compared to over 50% in the United States. Heck, the average wind farm in America operates at 37% efficiency. Luckily for individual investors, while the assets produce less electricity compared to similarly sized wind projects in the United States, the company appears to be offsetting that with higher electricity prices in the Japanese market. However, it's a good reminder that power capacity is not the most important metric for investors to focus on for these types of companies. 4. Oil companies have no role in the future of energy As a group, oil majors generate tens of billions of dollars in free cash flow per year, and they're beginning to invest in renewable energy businesses . That's great news, and should expedite the transition to lower-impact energy production and consumption. Royal Dutch Shell , Total , and BP are spending billions of dollars per year to build profitable renewable energy and clean energy portfolios. The general idea is for these oil and gas giants to slowly transform into electric and gas utilities, which will come in handy as global transportation shuns liquid fuels for electric charging. That said, few oil companies are going as far as Equinor (NYSE: EQNR) , formerly known as Statoil. It changed its name to remove the word \""oil\"", but that's only the start. The Norwegian energy giant is taking its experience operating in the rough waters of the North Sea to become one of the world's leading developers of offshore wind technology , which holds tremendous promise for taking renewable energy to the next level. That's because offshore wind farms can produce amounts of electricity comparable to what you'd get from natural gas-fired power plants, they don't take up land that could be used for other purposes, and they can be located near coastal cities, where most of the world's population lives. However, the technology is still relatively expensive right now, largely because the industry is just getting started. In 2017 the world had only 19 gigawatts of offshore wind capacity, compared to 495 gigawatts of onshore wind capacity. Equinor is hoping to capture a first-mover advantage, and will soon bring offshore wind power to the United States. The company is building a 1 gigawatt project off the coast of Long Island, New York called Empire Wind, which will electrify 1 million homes. It's early, but the oil company's investments show it's serious about a renewable future. 5. The United States is behind on its climate goals There seems to be a popular narrative that America is helplessly behind on its climate change goals, but there's a compelling argument to be made that the United States is actually ahead of schedule. Wind energy is on pace to overtake hydro as the nation's top renewable energy source in 2019 (numbers through the first four months of 2018 hint it could reach that milestone this year). In the first five months of 2018 the amount of electricity generated from solar panels increased 30% compared to the same period of last year. At 55%, solar comprised the majority of all new generation capacity installed on the grid in the first quarter of 2018. Investors who dare to peek ahead to 2030 will see plenty of reasons to be optimistic for the future of renewable energy. By then it will be feasible for onshore wind power to generate between 15% and 20% of American electricity, while solar power will likely reach a double-digit market share. Throw in offshore wind power (only now getting started in the United States, and excluded from many long-term projections) and next-generation geothermal systems (aiming to leverage hydraulic fracking technology to become economical by 2030), and retiring any remaining coal and nuclear assets might be a slam dunk by 2040. It could even make financial sense to begin early retirement for certain natural gas power plants by then. How green is your portfolio? Renewable energy represents a great opportunity for individual investors to build long-term wealth. That's especially true considering two things: First, wind and solar power are among the cheapest sources of electricity, which means they're likely to comprise the majority of new generation capacity for the foreseeable future. Second, exciting new technologies such as offshore wind and enhanced geothermal are coming down the industry's pipeline. However, it's still important to acknowledge the complexity of energy markets and to make room for nuance in your stock analysis. Doing so might change your mind on power generation companies with existing nuclear power plants, or even the potential for oil supermajors to be considered ultra-long term plays in the future of renewable energy. 10 stocks we like better than Exelon When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Exelon wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of June 4, 2018 Maxx Chatsko has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-07-31,25.8037,26.1495,25.66,26.1359,"[""Utility Stocks' Q2 Earnings Due on Aug 1: D, EXC, ES & More The Q2 earnings season is past the halfway mark, with total earnings of the 265 S&P 500 members that have already reported being up 23.6% from the same period last year on 10.1% higher revenues. Per out latest Earnings Preview report, overall second-quarter earnings for all the S&P 500 members are expected to be up 23.6% on 8.8% revenue growth. Let's concentrate on the domestic-focused matured Utility sector and find out how it is poised to perform this season. This sector, along with 14 of the 16 Zacks sectors, is likely to come up with improved year-over-year earnings. Currently, the Autos and the Conglomerates sector is likely to register a decline in earnings. The Utility sector's earnings in the second quarter are expected to increase 8.2% year over year on 0.3% revenue growth, courtesy of expected stable performance by most of the utilities. Utility stocks are expected to gain from the new rates in their service territories, customer growth and effective management of expenses, all of which should have a positive impact on second-quarter earnings. The unemployment rate in the United States during the second quarter was in the range of 3.8-4.0%. This historic low level of unemployment boosted demand for new housing units and in turn the requirement for utility services. Per a U.S. Energy Information Administration (\""EIA\"") report, electricity demand from residential, commercial and industrial sectors during the first half of 2018 improved from the year-ago period. However, these utilities do have their share of challenges such as a rising debt level, stringent regulations and the hurricane season, which can wreak havoc on infrastructure. Rising interest rates (the Federal Reserve hiked interest rates in June, marking the seventh increase since December 2015) make bonds a strong investment option compared with utility investment. Despite the rate hikes, we find some of the utilities fundamentally strong enough to come up with positive earnings surprise this season. Let's take a look at some Utility stocks scheduled to report second-quarter 2018 earnings on Aug 1 and how things are shaping up prior to the announcement. Dominion EnergyD delivered a positive earnings surprise of 3.41% in the last reported quarter. Its second-quarter 2018 earnings are expected to benefit from a return to normal weather, the Cove Point Liquefaction project and absence of refueling outage at Millstone. (Read more: Dominion Energy to Report Q2 Earnings: What's in Store? ) Dominion Energy Inc. Price and EPS Surprise Dominion Energy Inc. Price and EPS Surprise | Dominion Energy Inc. Quote Dominion Energy has an Earnings ESP of +0.84% and a Zacks Rank #2 (Buy), which is a favorable combination indicating a likely positive earnings surprise this season. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 or #3 (Hold) to be able to beat estimates. You can see the complete list of today's Zacks #1 Rank stocks here . Exelon CorporationEXC delivered a positive earnings surprise of 3.23% in the last reported quarter. The company is expected to benefit from its cost management initiatives through improved efficiency and productivity. Exelon Corporation Price and EPS Surprise Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote Exelon Corporation has an Earnings ESP of +0.39% and a Zacks Rank #2, which is a favorable combination indicating a likely positive earnings surprise this season. (Read more: Is a Beat in Store for Exelon This Earnings Season? ) You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Eversource Energy 's ES earnings in the first quarter were on par with the Zacks Consensus Estimate. The company is expected to benefit from the new rates approved in Connecticut, effective May 1. (Read more: What's in the Cards for Eversource Energy in Q2 Earnings? ) Eversource Energy Price and EPS Surprise Eversource Energy Price and EPS Surprise | Eversource Energy Quote Eversource has an Earnings ESP of +1.06% and a Zacks Rank #2, indicating a likely positive surprise this season. Entergy CorporationETR reported a negative earnings surprise of 11.45% in the last reported quarter. The company expects macroeconomic factors to boost industrial growth in its service territories, which, in turn, should improve demand for electricity. (Read more: Entergy Corp. to Post Q2 Earnings: What's in Store?) Entergy Corporation Price and EPS Surprise Entergy Corporation Price and EPS Surprise | Entergy Corporation Quote Entergy has an Earnings ESP of +0.66% and a Zacks Rank #3, indicating a likely positive surprise this season. Public Service Enterprise Group Inc . PEG reported a negative earnings surprise of 1.02% in the last reported quarter. The company's results in the second quarter are likely to be impacted by the severe storms that lashed in its service territories. Storm-related expenses are likely to impact its bottom line in the to-be-reported quarter. (Read more: Public Service Enterprise Q2 Earnings: What's in Store? ) Public Service Enterprise Group Incorporated Price and EPS Surprise Public Service Enterprise Group Incorporated Price and EPS Surprise | Public Service Enterprise Group Incorporated Quote Public Service Enterprise has an Earnings ESP of -0.40% and a Zacks Rank #3, indicating a likely negative surprise this season. NiSource Inc .'s NI earnings in the first quarter were on par with the Zacks Consensus Estimate. NiSource has a 100% regulated utility business model. The new gas rates approved at the beginning of 2018 and during the quarter are likely to have a positive impact on the company's earnings. (Read more: NiSource to Report Q2 Earnings: What's in the Cards? ) NiSource, Inc Price and EPS Surprise NiSource, Inc Price and EPS Surprise | NiSource, Inc Quote NiSource has an Earnings ESP of -8.11% and a Zacks Rank #3, indicating a likely negative surprise this season. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NiSource, Inc (NI): Free Stock Analysis Report Entergy Corporation (ETR): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report Public Service Enterprise Group Incorporated (PEG): Free Stock Analysis Report Eversource Energy (ES): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks.com featured highlights include: Santander Consumer, Boise Cascade, Rayonier Advanced, United Natural and Exelon For Immediate Release Chicago, IL - July 31, 2018 - Stocks in this week's article Santander Consumer USA Holdings Inc.SC , Boise Cascade CompanyBCC , Rayonier Advanced Materials Inc.RYAM , United Natural Foods, Inc.UNFI and Exelon CorporationEXC . 5 Stocks with Amazingly Low EV/EBITDA Ratios to Own Now The price-to-earnings (P/E) ratio is widely considered by investors as a yardstick for evaluating the fair market value of a stock. Many value investors prefer to take the P/E route in their pursuit for stocks that are trading at attractive prices. However, even this widely used equity valuation multiple suffers a few downsides. Why EV/EBITDA is a Better Choice? While P/E enjoys significant popularity in the value investing world, a more complicated metric called EV/EBITDA does a better job as it offers a clearer picture of a firm's valuation and earnings potential. EV/EBITDA determines the total value of a firm while P/E just considers its equity portion. Also referred to as enterprise multiple, EV/EBITDA is the enterprise value (EV) of a stock divided by its earnings before interest, taxes, depreciation and amortization (EBITDA). EV is the sum of a company's market capitalization, its debt and preferred stock minus cash and cash equivalents. In a nutshell, it is the entire value of a company. EBITDA, the other constituent of the ratio, is a true reflection of a company's profitability as it strips out non-cash expenses like depreciation and amortization that dilute net earnings. It is also often used as a proxy for cash flows. Typically, the lower the EV/EBITDA ratio, the more enticing it is. A low EV/EBITDA ratio could signal that a stock is potentially undervalued. However, unlike P/E ratio, EV/EBITDA takes into account the debt on a company's balance sheet. For this reason, EV/EBITDA is usually used to value possible acquisition targets. Stocks with a low EV/EBITDA multiple could be seen as potential takeover candidates. Moreover, P/E can't be used to value a loss-making firm. A company's earnings are also subject to accounting estimates and management manipulation. On the other hand, EV/EBITDA is difficult to manipulate and can also be used to value companies that are making loss but are EBITDA-positive EV/EBITDA is also a useful tool in assessing the value of firms that are highly leveraged and have a high degree of depreciation. Moreover, the ratio allows the comparison of companies with different debt levels. However, EV/EBITDA is also not without its shortcomings and alone cannot conclusively determine a stock's inherent potential and future performance. The ratio varies across industries and is generally not appropriate while comparing stocks in different industries given their diverse capital spending requirements. As such, instead of just relying on EV/EBITDA, you can combine it with the other major ratios such as price-to-book (P/B), P/E and price-to-sales (P/S) to screen value stocks. For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/314179/5-stocks-with-amazingly-low-evebitda-ratios-to-own-now Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the \""#1 site for screening stocks\"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 \""Strong Buys\"" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>. Follow us on Twitter: http://twitter.com/zacksresearch Join us on Facebook: http://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: www.Zacks.com Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks \""Terms and Conditions of Service\"" disclaimer. www.zacks.com/disclaimer . Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Boise Cascade, L.L.C. (BCC): Free Stock Analysis Report Rayonier Advanced Materials Inc. (RYAM): Free Stock Analysis Report Santander Consumer USA Holdings Inc. (SC): Free Stock Analysis Report United Natural Foods, Inc. (UNFI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-08-01,25.9376,25.957,25.6542,25.8262,"[""Utility Stocks' Q2 Earnings Due on Aug 2: LNT, DUK & More The Q2 earnings season is past the halfway mark, with total earnings of the 265 S&P 500 members that have already reported being up 23.6% from the same period last year on 10.1% higher revenues. Per our latest Earnings Preview report, overall second-quarter earnings for all the S&P 500 members are expected to be up 23.6% on 8.8% revenue growth. Let's concentrate on the domestic-focused matured Utility sector and find out how it is poised to perform this season. This sector, along with 14 of the 16 Zacks sectors, is likely to come up with improved year-over-year earnings. Currently, the Autos and the Conglomerates sector is likely to register a decline in earnings. The Utility sector's earnings in the second quarter are expected to increase 8.2% year over year on 0.3% revenue growth, courtesy of expected stable performance by most of the utilities. The utility stocks are expected to gain from the new rates in their service territories, customer growth and effective management of expenses, all of which should have a positive impact on second-quarter earnings. Unemployment rate in the United States during the second quarter was in the range of 3.8-4.0%. This historic low level of unemployment boosted demand for new housing units and in turn the requirement for utility services. Per a U.S. Energy Information Administration (\""EIA\"") report, electricity demand from residential, commercial and industrial sectors during the first half of 2018 improved from the year-ago period. However, these utilities do have their share of challenges such as a rising debt level, stringent regulations and the hurricane season, which can wreak havoc on infrastructure. Rising interest rates (the Federal Reserve hiked interest rates in June, marking the seventh increase since December 2015) make bonds a strong investment option compared with utility investment. Despite the rate hikes, we find some of the utilities fundamentally strong enough to come up with positive earnings surprise this season. Let's take a look at some Utility stocks scheduled to report second-quarter 2018 earnings on Aug 2 and how things are shaping up prior to the announcement. Alliant Energy CorporationLNT delivered a positive earnings surprise of 1.96% in the last reported quarter. Its second-quarter 2018 earnings are expected to benefit from robust capital expenditure plans and constructive regulatory decisions. (Read more: Alliant Energy to Report Q2 Earnings: A Beat in Store? ) Alliant Energy Corporation Price and EPS Surprise Alliant Energy Corporation Price and EPS Surprise | Alliant Energy Corporation Quote Alliant Energy has an Earnings ESP of +1.10% and a Zacks Rank #2 (Buy), which is a favorable combination indicating a likely positive earnings surprise this season. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 or #3 (Hold) to be able to beat estimates. You can see the complete list of today's Zacks #1 Rank stocks here . Duke Energy CorporationDUK delivered a positive earnings surprise of 11.30% in the last reported quarter. The company is expected to benefit from the new rates and favorable weather conditions in its service territories during the second quarter. (Read more: Duke Energy to Report Q2 Earnings: Is a Beat in Store? ) Duke Energy Corporation Price and EPS Surprise Duke Energy Corporation Price and EPS Surprise | Duke Energy Corporation Quote Duke Energy has an Earnings ESP of +0.52% and a Zacks Rank #3, which is a favorable combination indicating a likely positive earnings surprise this season. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . SCANA CorporationSCG reported a negative earnings surprise of 18.1% in the last reported quarter. The company has an Earnings ESP of 0.00% and a Zacks Rank #3, which makes surprise prediction difficult this season. (Read more: SCANA to Report Q2 Earnings: What's in the Cards? ) SCANA Corporation Price and EPS Surprise SCANA Corporation Price and EPS Surprise | SCANA Corporation Quote Exelon CorporationEXC delivered a positive earnings surprise of 3.23% in the last reported quarter. The company is expected to benefit from its cost management initiatives through improved efficiency and productivity. Exelon Corporation Price and EPS Surprise Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote Exelon Corporation has an Earnings ESP of +0.39% and a Zacks Rank #2, which is a favorable combination indicating a likely positive earnings surprise this season. (Read more: Is a Beat in Store for Exelon This Earnings Season?) NRG Energy Inc.NRG reported breakeven earnings of 87 cents in the last reported quarter. The company is expected to benefit from the Transformation Plan. NRG Energy has an Earnings ESP of 0.00% and a Zacks Rank #3, making surprise prediction difficult this season. (Read more: What's in Store for NRG Energy This Earnings Season? ) NRG Energy, Inc. Price and EPS Surprise NRG Energy, Inc. Price and EPS Surprise | NRG Energy, Inc. Quote Consolidated Edison Inc.ED delivered a positive earnings surprise of 3.01% in the last reported quarter. The company's second-quarter results might be impacted by higher expenditure in its electric delivery systems. (Read more: Consolidated Edison Q2 Earnings: What's in the Cards? ) Consolidated Edison Inc Price and EPS Surprise Consolidated Edison Inc Price and EPS Surprise | Consolidated Edison Inc Quote Consolidated Edison has an Earnings ESP of -0.89% and a Zacks Rank #3, indicating a likely negative surprise this season. Looking for Stocks with Skyrocketing Upside? Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Consolidated Edison Inc (ED): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report SCANA Corporation (SCG): Free Stock Analysis Report NRG Energy, Inc. (NRG): Free Stock Analysis Report Alliant Energy Corporation (LNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CMS Energy Corporation (CMS) Ex-Dividend Date Scheduled for August 02, 2018 CMS Energy Corporation ( CMS ) will begin trading ex-dividend on August 02, 2018. A cash dividend payment of $0.357 per share is scheduled to be paid on August 31, 2018. Shareholders who purchased CMS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CMS has paid the same dividend. At the current stock price of $48.34, the dividend yield is 2.95%. The previous trading day's last sale of CMS was $48.34, representing a -4.94% decrease from the 52 week high of $50.85 and a 19.42% increase over the 52 week low of $40.48. CMS is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). CMS's current earnings per share, an indicator of a company's profitability, is $1.95. Zacks Investment Research reports CMS's forecasted earnings growth in 2018 as 7.68%, compared to an industry average of 6.2%. For more information on the declaration, record and payment dates, visit the CMS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CMS through an Exchange Traded Fund [ETF]? The following ETF(s) have CMS as a top-10 holding: SPDR Select Sector Fund - Utilities ( XLU ). The top-performing ETF of this group is XLU with an increase of 7.17% over the last 100 days. It also has the highest percent weighting of CMS at 1.96%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for August 2, 2018 : BDX, AET, DUK, CTSH, CNQ, CI, ICE, ZTS, EXC, TRP, REGN, BCE The following companies are expected to report earnings prior to market open on 08/02/2018. Visit our Earnings Calendar for a full list of expected earnings releases. Becton, Dickinson and Company ( BDX ) is reporting for the quarter ending June 30, 2018. The medical/dental supplies company's consensus earnings per share forecast from the 12 analysts that follow the stock is $2.85. This value represents a 15.85% increase compared to the same quarter last year. In the past year BDX has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 1.53%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for BDX is 22.78 vs. an industry ratio of 66.00. Aetna Inc. ( AET ) is reporting for the quarter ending June 30, 2018. The hmo company's consensus earnings per share forecast from the 9 analysts that follow the stock is $3.07. This value represents a 10.23% decrease compared to the same quarter last year. In the past year AET has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 7.41%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for AET is 17.03 vs. an industry ratio of 24.80. Duke Energy Corporation ( DUK ) is reporting for the quarter ending June 30, 2018. The electric power utilities company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.03. This value represents a 1.98% increase compared to the same quarter last year. DUK missed the consensus earnings per share in the 2nd calendar quarter of 2017 by -0.98%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for DUK is 17.29 vs. an industry ratio of 4.50, implying that they will have a higher earnings growth than their competitors in the same industry. Cognizant Technology Solutions Corporation ( CTSH ) is reporting for the quarter ending June 30, 2018. The business software company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.03. This value represents a 18.39% increase compared to the same quarter last year. In the past year CTSH has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 1.02%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for CTSH is 19.59 vs. an industry ratio of 123.70. Canadian Natural Resources Limited ( CNQ ) is reporting for the quarter ending June 30, 2018. The oil company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.54. This value represents a 92.86% increase compared to the same quarter last year. CNQ missed the consensus earnings per share in the 3rd calendar quarter of 2017 by -27.27%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for CNQ is 15.33 vs. an industry ratio of 10.50, implying that they will have a higher earnings growth than their competitors in the same industry. Cigna Corporation ( CI ) is reporting for the quarter ending June 30, 2018. The insurance company's consensus earnings per share forecast from the 9 analysts that follow the stock is $3.33. This value represents a 14.43% increase compared to the same quarter last year. In the past year CI has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 21.96%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for CI is 13.55 vs. an industry ratio of 14.00. Intercontinental Exchange Inc. ( ICE ) is reporting for the quarter ending June 30, 2018. The securities exchange company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.89. This value represents a 18.67% increase compared to the same quarter last year. In the past year ICE has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for ICE is 20.88 vs. an industry ratio of 23.90. Zoetis Inc. ( ZTS ) is reporting for the quarter ending June 30, 2018. The drug company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.71. This value represents a 33.96% increase compared to the same quarter last year. In the past year ZTS has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for ZTS is 28.35 vs. an industry ratio of -9.80, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation ( EXC ) is reporting for the quarter ending June 30, 2018. The electric power utilities company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.61. This value represents a 12.96% increase compared to the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for EXC is 13.80 vs. an industry ratio of 4.50, implying that they will have a higher earnings growth than their competitors in the same industry. TransCanada Corporation ( TRP ) is reporting for the quarter ending June 30, 2018. The oil (production/pipeline) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.58. This value represents a 3.57% increase compared to the same quarter last year. In the past year TRP has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for TRP is 17.22 vs. an industry ratio of 38.50. Regeneron Pharmaceuticals, Inc. ( REGN ) is reporting for the quarter ending June 30, 2018. The biomedical (gene) company's consensus earnings per share forecast from the 2 analysts that follow the stock is $4.47. This value represents a 15.21% increase compared to the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for REGN is 20.97 vs. an industry ratio of -6.90, implying that they will have a higher earnings growth than their competitors in the same industry. BCE, Inc. ( BCE ) is reporting for the quarter ending June 30, 2018. The diversified company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.67. This value represents a 3.08% increase compared to the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for BCE is 15.95 vs. an industry ratio of 17.90. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-08-02,25.9248,26.3683,25.8037,26.004,"[""Exelon (EXC) Q2 Earnings and Revenues Beat Estimates, Up Y/Y Exelon Corporatio n's EXC second-quarter 2018 operating earnings of 71 cents per share beat the Zacks Consensus Estimate of 61 cents by 16.4%. Quarterly earnings were 26.8% higher than the year-ago figure of 56 cents. The reported earnings were ahead of the guided range of 55-65 cents per share. The year-over-year improvement in earnings was due to higher electric distribution earnings at ComEd, regulatory rate increases at PHI, decreased nuclear outage days, increased capacity prices and tax savings related to TCJA at Generation. On a GAAP basis, quarterly earnings were 56 cents per share compared with 10 cents in the year-ago quarter. Exelon Corporation Price, Consensus and EPS Surprise Exelon Corporation Price, Consensus and EPS Surprise | Exelon Corporation Quote Total Revenues Exelon's total revenues of $8,076 million surpassed the Zacks Consensus Estimate of $7,640 million by 5.7%. Quarterly revenues also improved 5.4% from $7,665 million reported in the year-ago quarter. Quarterly Highlights Exelon's total operating expenses decreased 3.1% year over year to $7,138 million. The decline in expenses was primarily due to lower operating and maintenance expenses in the reported quarter. Interest expenses were $373 million, lower than $436 million in the year-ago quarter. Hedges Exelon's hedging program involves safeguarding of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Jun 30, 2018 was 97-100% for 2018, 71-74% for 2019 and 41-44% for 2020. Guidance Exelon reiterated its 2018 and third-quarter earnings per share guidance in the range of $2.90-$3.20 and 80-90 cents, respectively. Zacks Rank Exelon currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Peer Releases American Electric Power Co., Inc. AEP reported second-quarter 2018 adjusted earnings per share of $1.01, beating the Zacks Consensus Estimate of 88 cents by 14.8%. NextEra Energy, Inc. NEE reported second-quarter 2018 adjusted earnings of $2.11 per share, which beat the Zacks Consensus Estimate of $2.07 by 1.9%. Dominion Energy Inc. D reported second-quarter 2018 operating earnings of 86 cents per share, beating the Zacks Consensus Estimate of 78 cents by 10.3%. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""IDACORP (IDA) Q2 Earnings Beat Estimates, 2018 Guidance Up IDACORP, Inc.IDA reported second-quarter 2018 operating earnings of $1.23 per share, beating the Zacks Consensus Estimate of $1.08 by 13.9%. Quarterly earnings increased 24.3% from 99 cents in the year-ago quarter. The year-over-year improvement in earnings was due to strong customer growth combined with higher overall usage per customer. IDACORP, Inc. Price, Consensus and EPS Surprise IDACORP, Inc. Price, Consensus and EPS Surprise | IDACORP, Inc. Quote Highlights of the Release In the second quarter, customer growth increased operating income by $1.8 million year over year, as the number of Idaho Power customers grew 2.2% in the past 12 months. Net income increased $12.5 million in the second quarter of 2018, primarily due to higher net income at Idaho Power. Guidance IDACORP upwardly revised its 2018 earnings guidance to the range of $4.20-$4.30 from earlier expectation of $4.10-$4.25 per share. The company reiterated its operating and maintenance expenses for 2018 in the range of $345-$355 million. Other Utility Releases NextEra Energy, Inc. NEE reported second-quarter 2018 adjusted earnings of $2.11 per share, beating the Zacks Consensus Estimate of $2.07 by 1.9%. Dominion Energy Inc. D reported second-quarter 2018 operating earnings of 86 cents per share, which beat the Zacks Consensus Estimate of 78 cents by 10.3%. Exelon Corporation's EXC second-quarter 2018 operating earnings of 71 cents per share surpassed the Zacks Consensus Estimate of 61 cents by 16.4%. Zacks Rank Currently, IDACORP carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report IDACORP, Inc. (IDA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-08-03,26.0489,26.2248,25.9131,26.128,
EXC,2018-08-06,26.0968,26.3088,26.0567,26.2023,
EXC,2018-08-07,26.2345,26.4172,25.9834,26.3019,
EXC,2018-08-08,26.2561,26.3938,26.1359,26.3499,"[""Noteworthy ETF Outflows: XLU, NEE, D, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $93.2 million dollar outflow -- that's a 1.2% decrease week over week (from 146,374,160 to 144,624,160). Among the largest underlying components of XLU, in trading today NextEra Energy Inc (Symbol: NEE) is up about 0.1%, Dominion Energy Inc (Symbol: D) is trading flat, and Exelon Corp (Symbol: EXC) is higher by about 0.3%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $47.37 per share, with $57.23 as the 52 week high point - that compares with a last trade of $53.06. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Southern Company (SO) Q2 Earnings Beat on Retail Strength Power supplier Southern CompanySO reported second-quarter 2018 earnings per share (excluding certain one-time items) of 80 cents, above the Zacks Consensus Estimate of 69 cents and the year-ago profit of 73 cents. The outperformance stemmed from favorable regulatory results, strength of its retail unit and success of the company's Southern Power renewable portfolio. These positives were partly offset by increase in operations and maintenance cost as well as by a charge associated with the construction of the Vogtle nuclear plant. The Atlanta-based utility's quarterly revenue - at $5,627 million - came 3.6% higher than the second-quarter 2017 sales of $5,430 million and also beat the Zacks Consensus Estimate of $5,230 million. Southern Company (The) Price, Consensus and EPS Surprise Southern Company (The) Price, Consensus and EPS Surprise | Southern Company (The) Quote Overall Sales Breakup Southern Company's wholesale power sales increased 2.7%, while retail electricity demand strengthened amid favorable weather conditions. This brought about an upward movement in overall electricity sales and usage. In fact, total electricity sales during the second quarter was up 2.2% from the same period last year. Southern Company's total retail sales improved 2%, with residential, industrial and commercial sales edging up by 5%, 0.6% and 0.8%, respectively. Expenses Summary The power supplier's operations and maintenance cost increased 15% to $1,559 million but the utility's total operating expense for the period - at $5,564 million - was down 21.4% from the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corporation EXC and Duke Energy Corporation DUK - currently retains a Zacks Rank #3 (Hold). A better-ranked player from the same industry would be NRG Energy, Inc. NRG that sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . NRG Energy Inc. is engaged in the production, sale and delivery of energy and energy products and services to residential, industrial and commercial consumers in major competitive power markets in the United States. In the last 30 days, three earnings estimates moved north, while none moved south for the current year. The Zacks Consensus Estimate for earnings has risen 13% in the same period. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Southern Company (The) (SO): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report NRG Energy, Inc. (NRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-08-09,26.3616,26.7065,26.2892,26.6712,"Thursday Sector Leaders: Services, Utilities In afternoon trading on Thursday, Services stocks are the best performing sector, up 0.7%. Within the sector, Viacom Inc (Symbol: VIAB) and Michael Kors Holdings Ltd (Symbol: KORS) are two large stocks leading the way, showing a gain of 5.6% and 3.8%, respectively. Among the largest ETFs , one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (Symbol: IYC), which is up 0.5% on the day, and up 13.75% year-to-date. Viacom Inc, meanwhile, is down 0.57% year-to-date, and Michael Kors Holdings Ltd is up 15.49% year-to-date. VIAB makes up approximately 0.3% of the underlying holdings of IYC. The next best performing sector is the Utilities sector, up 0.4%. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and Public Service Enterprise Group Inc (Symbol: PEG) are the most notable, showing a gain of 1.3% and 1.2%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF ( XLU ), which is up 0.4% in midday trading, and up 2.52% on a year-to-date basis. Exelon Corp, meanwhile, is up 11.89% year-to-date, and Public Service Enterprise Group Inc is up 2.52% year-to-date. Combined, EXC and PEG make up approximately 9.9% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Thursday. As you can see, five sectors are up on the day, while four sectors are down. 10 ETFs With Stocks That Insiders Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-08-10,26.7319,26.8979,26.4808,26.5218,"[""Ex-Dividend Reminder: Consolidated Edison, Exelon and Otter Tail Looking at the universe of stocks we cover at Dividend Channel , on 8/14/18, Consolidated Edison Inc (Symbol: ED), Exelon Corp (Symbol: EXC), and Otter Tail Corp. (Symbol: OTTR) will all trade ex-dividend for their respective upcoming dividends. Consolidated Edison Inc will pay its quarterly dividend of $0.715 on 9/17/18, Exelon Corp will pay its quarterly dividend of $0.345 on 9/10/18, and Otter Tail Corp. will pay its quarterly dividend of $0.335 on 9/10/18. As a percentage of ED's recent stock price of $79.32, this dividend works out to approximately 0.90%, so look for shares of Consolidated Edison Inc to trade 0.90% lower - all else being equal - when ED shares open for trading on 8/14/18. Similarly, investors should look for EXC to open 0.79% lower in price and for OTTR to open 0.69% lower, all else being equal. Below are dividend history charts for ED, EXC, and OTTR, showing historical dividends prior to the most recent ones declared. Consolidated Edison Inc (Symbol: ED) : Exelon Corp (Symbol: EXC) : Otter Tail Corp. (Symbol: OTTR) : In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.61% for Consolidated Edison Inc, 3.18% for Exelon Corp, and 2.77% for Otter Tail Corp.. In Friday trading, Consolidated Edison Inc shares are currently up about 0.5%, Exelon Corp shares are up about 0.2%, and Otter Tail Corp. shares are down about 0.2% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""WEC Energy Group, Inc. (WEC) Ex-Dividend Date Scheduled for August 13, 2018 WEC Energy Group, Inc. ( WEC ) will begin trading ex-dividend on August 13, 2018. A cash dividend payment of $0.553 per share is scheduled to be paid on September 01, 2018. Shareholders who purchased WEC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that WEC has paid the same dividend. At the current stock price of $66.98, the dividend yield is 3.3%. The previous trading day's last sale of WEC was $66.98, representing a -4.44% decrease from the 52 week high of $70.09 and a 14.53% increase over the 52 week low of $58.48. WEC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WEC's current earnings per share, an indicator of a company's profitability, is $4. Zacks Investment Research reports WEC's forecasted earnings growth in 2018 as 5.73%, compared to an industry average of 7.2%. For more information on the declaration, record and payment dates, visit the WEC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to WEC through an Exchange Traded Fund [ETF]? The following ETF(s) have WEC as a top-10 holding: First Trust Exchange-Traded Fund III First Trust Horizon Manag ( HUSV ) iShares Morningstar Mid-Cap ETF ( JKI ) iShares Trust ( UTLF ). The top-performing ETF of this group is UTLF with an increase of 7.79% over the last 100 days. HUSV has the highest percent weighting of WEC at 1100%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""S&P 500 is stalling, but these 3 sectors are scaling fresh highs like clockwork Momentum could be pointing to big gains going forward for these parts of the stock market Momentum could be pointing to big gains going forward for these sectors \u2014 regardless of how long the S&P takes to break out.""]"
EXC,2018-08-13,26.5472,26.6712,26.4485,26.6331,"[""Allete, Inc. (ALE) Ex-Dividend Date Scheduled for August 14, 2018 Allete, Inc. ( ALE ) will begin trading ex-dividend on August 14, 2018. A cash dividend payment of $0.56 per share is scheduled to be paid on September 01, 2018. Shareholders who purchased ALE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ALE has paid the same dividend. At the current stock price of $77.24, the dividend yield is 2.9%. The previous trading day's last sale of ALE was $77.24, representing a -4.92% decrease from the 52 week high of $81.24 and a 15.91% increase over the 52 week low of $66.64. ALE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ALE's current earnings per share, an indicator of a company's profitability, is $3.29. Zacks Investment Research reports ALE's forecasted earnings growth in 2018 as 4.81%, compared to an industry average of 7.3%. For more information on the declaration, record and payment dates, visit the ALE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ALE through an Exchange Traded Fund [ETF]? The following ETF(s) have ALE as a top-10 holding: AGFiQ U.S. Market Neutral Anti-Beta Fund ( BTAL ) AGFiQ U.S. Market Neutral Momentum Fund ( MOM ) AGFiQ U.S. Market Neutral Size Fund ( SIZ ). The top-performing ETF of this group is BTAL with an increase of 8.14% over the last 100 days. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corporation (EXC) Ex-Dividend Date Scheduled for August 14, 2018 Exelon Corporation ( EXC ) will begin trading ex-dividend on August 14, 2018. A cash dividend payment of $0.345 per share is scheduled to be paid on September 10, 2018. Shareholders who purchased EXC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that EXC has paid the same dividend. At the current stock price of $43.13, the dividend yield is 3.2%. The previous trading day's last sale of EXC was $43.13, representing a -1.39% decrease from the 52 week high of $43.74 and a 21.25% increase over the 52 week low of $35.57. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Public Service Enterprise Group Incorporated ( PEG ). EXC's current earnings per share, an indicator of a company's profitability, is $3.95. Zacks Investment Research reports EXC's forecasted earnings growth in 2018 as 18.8%, compared to an industry average of 7.3%. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EXC through an Exchange Traded Fund [ETF]? The following ETF(s) have EXC as a top-10 holding: Invesco S&P 500 Equal Weight Utilities ETF ( RYU ) Invesco Dynamic Large Cap Value ETF ( PWV ) iShares Morningstar Large-Cap Value ETF ( JKF ). The top-performing ETF of this group is RYU with an increase of 8% over the last 100 days. It also has the highest percent weighting of EXC at 3.08%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sponsored Links Rob Gronkowski Chooses These Shoes As His Favorite Wolf & Shepherd Learn More The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Genie Energy Ltd. (GNE) Ex-Dividend Date Scheduled for August 14, 2018 Genie Energy Ltd. ( GNE ) will begin trading ex-dividend on August 14, 2018. A cash dividend payment of $0.075 per share is scheduled to be paid on August 24, 2018. Shareholders who purchased GNE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that GNE has paid the same dividend. At the current stock price of $5.37, the dividend yield is 5.59%. The previous trading day's last sale of GNE was $5.37, representing a -25.1% decrease from the 52 week high of $7.17 and a 40.58% increase over the 52 week low of $3.82. GNE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). GNE's current earnings per share, an indicator of a company's profitability, is $.16. For more information on the declaration, record and payment dates, visit the GNE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to GNE through an Exchange Traded Fund [ETF]? The following ETF(s) have GNE as a top-10 holding: iShares MSCI New Zealand ETF ( ENZL ). The top-performing ETF of this group is ENZL with an decrease of -4.56% over the last 100 days. It also has the highest percent weighting of GNE at 1.88%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for August 14, 2018 Consolidated Edison Inc ( ED ) will begin trading ex-dividend on August 14, 2018. A cash dividend payment of $0.715 per share is scheduled to be paid on September 17, 2018. Shareholders who purchased ED prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ED has paid the same dividend. At the current stock price of $78.67, the dividend yield is 3.64%. The previous trading day's last sale of ED was $78.67, representing a -12.3% decrease from the 52 week high of $89.70 and a 10.62% increase over the 52 week low of $71.12. ED is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ED's current earnings per share, an indicator of a company's profitability, is $5.07. Zacks Investment Research reports ED's forecasted earnings growth in 2018 as 4.36%, compared to an industry average of 7.3%. For more information on the declaration, record and payment dates, visit the ED Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ED through an Exchange Traded Fund [ETF]? The following ETF(s) have ED as a top-10 holding: Invesco S&P 500 Equal Weight Utilities ETF ( RYU ) iShares, Inc. ( ACWV ) SPDR Russell 1000 Yield Focus ETF ( ONEY ) SPDR Russell 1000 Low Volatility Focus ETF ( ONEV ). The top-performing ETF of this group is RYU with an increase of 8% over the last 100 days. It also has the highest percent weighting of ED at 3.09%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-08-14,26.6878,26.9741,26.6528,26.8687,
EXC,2018-08-15,26.9233,27.2536,26.8882,27.0417,"[""How the Top 4 Large Cap Utility Stocks Fared This Season? The domestic-focused matured Utility sector is a steady performer and continued its steady run in the second quarter of 2018 as well. The utility stocks gained from the new rates in their service territories, customer growth and effective management of expenses. Effective maintenance and additions to the existing infrastructure are increasing the resilience of the systems and helping the large utilities to serve its expanding customer base more efficiently. The Utility sector's earnings in the second quarter were up 11.2% year over year on 1.0% revenue growth, reflecting stable performance of the utilities. Per our latest Earnings Preview report, overall second-quarter earnings for all the S&P 500 members are expected to be up 23.9% on 9.3% revenue growth. Unemployment rate in the United States during the second quarter was in the range of 3.8-4.0%. This historic low level of unemployment boosted demand for new housing units and in turn the requirement for utility services. Per a U.S. Energy Information Administration (\""EIA\"") report, electricity demand from residential, commercial and industrial sectors during the first half of 2018 improved from the year-ago period. However, these utilities do have their share of challenges such as a rising debt level, stringent regulations and the hurricane season, all of which can wreak havoc on infrastructure. Rising interest rates (the Federal Reserve hiked interest rates in June, marking the seventh increase since December 2015) make bonds a strong investment option compared with utility investment. Despite the challenges, let us focus on some large-cap utility stocks (market capitalization more than $40 billion) that continue to provide regular dividends to its shareholders. The stocks' current dividend yield is better than the S&P 500 yield of 1.81% Let us focus on four large-cap utilities and analyze their performance in the second quarter. All these stocks returned higher than their industry in the last three months. NextEra Energy Inc.NEE Juno Beach, FL-based NextEra Energy Inc. is engaged in the generation, transmission, distribution and sale of electric energy. The company reported second-quarter 2018 adjusted earnings of $2.11 per share, beating the Zacks Consensus Estimate of $2.07 by 1.93%. The company's average four-quarter positive earnings surprise is 3.01%. The current dividend yield of the company is 2.6%. NextEra Energy has plans to invest nearly $40.0-$44.0 billion in different projects over the 2017-2020 period. The company's earnings estimates for 2018 have moved up 0.13% to $7.74 per share in the past 30 days. The long-term earnings growth (3-5 yrs) of the company is projected to be 8.38%. Southern CompanySO Atlanta, GA-based Southern Company (SO) is one of the largest utilities in the United States. Southern Company serves approximately nine million customers through its eleven electric and natural gas distribution units in nine states. The company reported second-quarter 2018 adjusted earnings of 80 cents per share, beating the Zacks Consensus Estimate of 69 cents by 15.94%. The company's average four-quarter positive earnings surprise is 8.82%. The current dividend yield of the company is 5.2%. The company's earnings estimates for 2018 have moved up 1.54% to $2.97 per share in the past 30 days. Its long-term earnings growth (3-5 yrs) is projected to be 4.50%. Dominion EnergyD Richmond, VA-based Dominion Energy Inc., together with its subsidiaries, produces and transports energy in the United States. The company reported second-quarter 2018 adjusted earnings of 86 cents per share, beating the Zacks Consensus Estimate of 78 cents by 10.3%. The company's average four-quarter positive earnings surprise is 6.33%. The current dividend yield of the company is 4.72%. The completed capital projects are expected to drive Dominion Energy's earnings at 6-8% compound average growth rate from 2017 through 2020. The company's earnings estimates for 2018 have moved up 1.17% to $4.13 per share in the past 30 days. Its long-term earnings growth (3-5 yrs) is projected to be 6.03%. Exelon CorporationEXC Chicago, IL-based Exelon Corporation is a utility services holding company that operates through its subsidiaries and has operations in 48 states, including the District of Columbia in the United States, along with Canada. The company reported second-quarter 2018 adjusted earnings of 71 cents per share, beating the Zacks Consensus Estimate of 61 cents by 16.39%. The company's average four-quarter positive earnings surprise is 1.79%. The current dividend yield of the company is 3.2%. It plans to invest nearly $21 billion over the 2018-2021 time frame in its regulated operations, in a bid to improve reliability of its operations. The company's earnings estimates for 2018 have been revised upward by 0.49% to $3.09 per share in the past 30 days. Its long-term earnings growth (3-5 yrs) is projected to be 5.67%. Looking for Stocks with Skyrocketing Upside? Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Southern Company (The) (SO): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Duke Energy Corporation (DUK) Ex-Dividend Date Scheduled for August 16, 2018 Duke Energy Corporation ( DUK ) will begin trading ex-dividend on August 16, 2018. A cash dividend payment of $0.928 per share is scheduled to be paid on September 17, 2018. Shareholders who purchased DUK prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.27% increase over prior dividend payment. At the current stock price of $81.22, the dividend yield is 4.57%. The previous trading day's last sale of DUK was $81.22, representing a -11.53% decrease from the 52 week high of $91.80 and a 12.87% increase over the 52 week low of $71.96. DUK is a part of the Public Utilities sector, which includes companies such as Exelon Corporation ( EXC ) and Public Service Enterprise Group Incorporated ( PEG ). DUK's current earnings per share, an indicator of a company's profitability, is $3.95. Zacks Investment Research reports DUK's forecasted earnings growth in 2018 as 3.22%, compared to an industry average of 6.5%. For more information on the declaration, record and payment dates, visit the DUK Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-08-16,27.0347,27.5438,27.0054,27.4764,"After Hours Most Active for Aug 16, 2018 : WFT, BABA, ESV, PAH, MSFT, WFC, QQQ, SCZ, CMCSA, EXC, CA, JD The NASDAQ 100 After Hours Indicator is down -9.33 to 7,364.97. The total After hours volume is currently 40,840,781 shares traded. The following are the most active stocks for the after hours session : Weatherford International plc ( WFT ) is unchanged at $2.62, with 7,016,022 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2018. The consensus EPS forecast is $-0.09. As reported by Zacks, the current mean recommendation for WFT is in the ""buy range"". Alibaba Group Holding Limited ( BABA ) is unchanged at $171.99, with 5,177,850 shares traded.BABA is scheduled to provide an earnings report on 8/23/2018, for the fiscal quarter ending Jun2018. The consensus earnings per share forecast is 0.82 per share, which represents a 94 percent increase over the EPS one Year Ago ENSCO plc ( ESV ) is unchanged at $6.18, with 5,012,965 shares traded. ESV's current last sale is 88.29% of the target price of $7. Platform Specialty Products Corporation ( PAH ) is +0.0222 at $12.28, with 2,019,296 shares traded. As reported by Zacks, the current mean recommendation for PAH is in the ""buy range"". Microsoft Corporation ( MSFT ) is -0.01 at $107.63, with 1,706,776 shares traded. Over the last four weeks they have had 10 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2018. The consensus EPS forecast is $0.96. As reported by Zacks, the current mean recommendation for MSFT is in the ""buy range"". Wells Fargo & Company ( WFC ) is unchanged at $58.66, with 1,503,627 shares traded. WFC's current last sale is 93.86% of the target price of $62.5. Invesco QQQ Trust, Series 1 ( QQQ ) is +0.05 at $179.87, with 1,499,849 shares traded. This represents a 28.31% increase from its 52 Week Low. iShares MSCI EAFE Small-Cap ETF ( SCZ ) is +0.2225 at $60.79, with 1,383,104 shares traded. This represents a 2.67% increase from its 52 Week Low. Comcast Corporation ( CMCSA ) is unchanged at $35.66, with 1,355,211 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2018. The consensus EPS forecast is $0.63. As reported by Zacks, the current mean recommendation for CMCSA is in the ""buy range"". Exelon Corporation ( EXC ) is unchanged at $44.33, with 1,266,242 shares traded., following a 52-week high recorded in today's regular session. CA Inc. ( CA ) is +0.0339 at $43.64, with 1,135,289 shares traded. CA's current last sale is 98.08% of the target price of $44.5. JD.com, Inc. ( JD ) is unchanged at $31.97, with 949,780 shares traded. Market Realist Reports: Why Japan Is Important to Twitter The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-08-17,27.4567,27.9219,27.4207,27.6005,
EXC,2018-08-20,27.45,27.576,27.3269,27.4333,"Trump to Relax Emission Rules: Will Coal Industry Benefit? The Trump administration is planning to propose an overhaul of Obama-era rules on carbon dioxide emissions. The new plan would allow individual states to decide on how to curb carbon dioxide emissions from coal plants. Naturally, the plan would allow coal producing states to relax pollution rules for power plants with the aim of helping ailing coal plants. At the same time, it would also weaken the Clean Power Plan, initiated by former president Barrack Obama to put a check on pollution. That said, the to-be-proposed plan has been cheered by the American Coalition for Clean Coal Electricity, a trade group representing coal producers, which feels that such a move will help the ailing coal plants. The Plan and its Implications The Trump administration is likely to propose a plan with new guidelines this week that will allow states to decide on how to curb carbon dioxide emission from coal plants. This will considerably weaken the Clean Power Plan, drawn during Obama's tenure to check global warming from carbon dioxide emission from coal plants. However, the regulation was blocked temporarily in 2016 by the Supreme Court, while a federal court was hearing arguments from a coalition of coal-producing states after they sued to block the regulation. Understandably, the new plan will bring a much-needed relief for the ailing coal industry. At the same time, the move to relax pollution rules for power plants will also increase the risk of pollution levels increasing once again due to higher carbon emissions. According to The Washington Post, the change in rules is likely to release 12 times the amount of carbon dioxide into the atmosphere compared to the Obama rule over the next decade. Trump's Biggest Move to Revive the Coal Industry The plan to overhaul the emission rule is by far going to be Trump's biggest move to revive the ailing U.S. coal industry. Trump had pledged to revive the U.S. coal mines during his election campaign. U.S. coal mines have lost more than 125,000 jobs since 1985. Moreover, coal-fired power generation has declined by almost one third since 2010 given the competition from renewable energy and low-cost gas unlocked by the shale revolution. Naturally, the move has been cheered by the American Coalition for Clean Coal Electricity, which believes that the Obama era rules were stringent. Coal producers feel that Trump's push to order grid operators to purchase electricity from coal plants along with new emission standards will help the industry. Shares of coal-producing companies like Cloud Peak Energy Inc. CLD and Peabody Energy Corporation BTU jumped 4.4% and 0.9%, respectively on Aug 17. Shares of CONSOL Coal Resources LP CCR and Alliance Resource Partners, L.P. ARLP gained 1.2% and 0.5%, respectively. CONSOL Coal Resources sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . Trump's move will definitely encourage U.S. thermal power producers, which had been complying with stricter emission rules, as the new plan is likely to make coal plants more competitive in electricity markets. This saw shares of Dominion Energy, Inc. D , Duke Energy Corporation DUK , Exelon Corporation EXC , The Southern Company SO gain 0.9%, 0.6%, 0.5% and 0.2%, respectively, on Aug 17. Summing Up The new proposal, which is most likely to be announced as early as on Aug 21, which coincides with Trump's rally in West Virginia, the heartland of coal, will be subject to a 60-day comment period. While the new plan would help coal-producing states to relax carbon emission norms, which definitely is being done with the aim of reviving the long-suffering U.S. coal industry, it definitely will also increase the risk of pollution level shooting up once again. Looking for Stocks with Skyrocketing Upside? Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Southern Company (The) (SO): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report Peabody Energy Corporation (BTU): Free Stock Analysis Report Cloud Peak Energy Inc (CLD): Free Stock Analysis Report Alliance Resource Partners, L.P. (ARLP): Free Stock Analysis Report CONSOL Coal Resources LP (CCR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-08-21,27.4694,27.4959,27.1598,27.3269,
EXC,2018-08-22,27.3943,27.3943,27.0417,27.2281,
EXC,2018-08-23,27.2223,27.4147,27.1353,27.2086,
EXC,2018-08-24,27.2223,27.3219,27.027,27.2897,
EXC,2018-08-27,27.3474,27.3816,26.9096,27.0544,
EXC,2018-08-28,26.9741,27.024,26.8198,26.8999,"Spark Energy, Inc. (SPKE) Ex-Dividend Date Scheduled for August 29, 2018 Spark Energy, Inc. ( SPKE ) will begin trading ex-dividend on August 29, 2018. A cash dividend payment of $0.181 per share is scheduled to be paid on September 13, 2018. Shareholders who purchased SPKE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that SPKE has paid the same dividend. At the current stock price of $9, the dividend yield is 8.06%. The previous trading day's last sale of SPKE was $9, representing a -47.52% decrease from the 52 week high of $17.15 and a 11.8% increase over the 52 week low of $8.05. SPKE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). SPKE's current earnings per share, an indicator of a company's profitability, is -$.05. Zacks Investment Research reports SPKE's forecasted earnings growth in 2018 as %, compared to an industry average of 7.6%. For more information on the declaration, record and payment dates, visit the SPKE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to SPKE through an Exchange Traded Fund [ETF]? The following ETF(s) have SPKE as a top-10 holding: Fidelity MSCI Utilities Index ETF ( FUTY ) Vanguard Utilities ETF ( VPU ). The top-performing ETF of this group is FUTY with an increase of 6.03% over the last 100 days. It also has the highest percent weighting of SPKE at 0.01%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-08-29,27.1725,27.235,27.0123,27.1598,"Avista Corporation (AVA) Ex-Dividend Date Scheduled for August 30, 2018 Avista Corporation ( AVA ) will begin trading ex-dividend on August 30, 2018. A cash dividend payment of $0.373 per share is scheduled to be paid on September 14, 2018. Shareholders who purchased AVA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that AVA has paid the same dividend. At the current stock price of $51.41, the dividend yield is 2.9%. The previous trading day's last sale of AVA was $51.41, representing a -2.84% decrease from the 52 week high of $52.91 and a 8.23% increase over the 52 week low of $47.50. AVA is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AVA's current earnings per share, an indicator of a company's profitability, is $1.71. Zacks Investment Research reports AVA's forecasted earnings growth in 2018 as 5.13%, compared to an industry average of 7.7%. For more information on the declaration, record and payment dates, visit the AVA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AVA through an Exchange Traded Fund [ETF]? The following ETF(s) have AVA as a top-10 holding: Invesco S&P SmallCap Utilities ETF ( PSCU ) Fidelity MSCI Utilities Index ETF ( FUTY ) ProShares Trust ( MRGR ) ProShares Trust ( SMDV ) Vanguard Utilities ETF ( VPU ). The top-performing ETF of this group is SMDV with an increase of 10.41% over the last 100 days. PSCU has the highest percent weighting of AVA at 15.37%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-08-30,27.2037,27.3532,27.1168,27.235,
EXC,2018-08-31,27.2281,27.3015,26.9312,27.0914,
EXC,2018-09-04,27.3269,27.3542,27.1784,27.2663,
EXC,2018-09-05,27.2947,27.5067,27.2663,27.3943,"Public Service Enterprise Group Incorporated (PEG) Ex-Dividend Date Scheduled for September 06, 2018 Public Service Enterprise Group Incorporated ( PEG ) will begin trading ex-dividend on September 06, 2018. A cash dividend payment of $0.45 per share is scheduled to be paid on September 28, 2018. Shareholders who purchased PEG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that PEG has paid the same dividend. At the current stock price of $52.73, the dividend yield is 3.41%. The previous trading day's last sale of PEG was $52.73, representing a -3.25% decrease from the 52 week high of $54.50 and a 17.05% increase over the 52 week low of $45.05. PEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PEG's current earnings per share, an indicator of a company's profitability, is $4.29. Zacks Investment Research reports PEG's forecasted earnings growth in 2018 as 5.6%, compared to an industry average of 7.8%. For more information on the declaration, record and payment dates, visit the PEG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PEG through an Exchange Traded Fund [ETF]? The following ETF(s) have PEG as a top-10 holding: USAA MSCI USA Value Momentum Blend Index ETF ( ULVM ) iShares Russell Mid-cap Value ETF ( IWS ). The top-performing ETF of this group is IWS with an increase of 5.31% over the last 100 days. ULVM has the highest percent weighting of PEG at 0.89%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-09-06,27.5506,27.6297,27.3816,27.4959,"Scana Corporation (SCG) Ex-Dividend Date Scheduled for September 07, 2018 Scana Corporation ( SCG ) will begin trading ex-dividend on September 07, 2018. A cash dividend payment of $0.124 per share is scheduled to be paid on October 01, 2018. Shareholders who purchased SCG prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -79.77% decrease from prior dividend payment. At the current stock price of $37.69, the dividend yield is 1.32%. The previous trading day's last sale of SCG was $37.69, representing a -37.43% decrease from the 52 week high of $60.24 and a 12.14% increase over the 52 week low of $33.61. SCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). SCG's current earnings per share, an indicator of a company's profitability, is -$1.63. Zacks Investment Research reports SCG's forecasted earnings growth in 2018 as -23.1%, compared to an industry average of 7.8%. For more information on the declaration, record and payment dates, visit the SCG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to SCG through an Exchange Traded Fund [ETF]? The following ETF(s) have SCG as a top-10 holding: iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund ( IFGL ) SPDR S&P Global Dividend ( WDIV ) iShares U.S. Utilities ETF ( IDU ) ProShares Ultra Utilities ( UPW ). The top-performing ETF of this group is UPW with an increase of 17.26% over the last 100 days. IFGL has the highest percent weighting of SCG at 2.22%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-09-07,27.3406,27.5438,27.1852,27.3142,
EXC,2018-09-10,27.4403,27.7989,27.3766,27.6571,"Ameren Corporation (AEE) Ex-Dividend Date Scheduled for September 11, 2018 Ameren Corporation ( AEE ) will begin trading ex-dividend on September 11, 2018. A cash dividend payment of $0.458 per share is scheduled to be paid on September 28, 2018. Shareholders who purchased AEE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that AEE has paid the same dividend. At the current stock price of $65.34, the dividend yield is 2.8%. The previous trading day's last sale of AEE was $65.34, representing a -0.8% decrease from the 52 week high of $65.87 and a 25.92% increase over the 52 week low of $51.89. AEE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AEE's current earnings per share, an indicator of a company's profitability, is $2.35. Zacks Investment Research reports AEE's forecasted earnings growth in 2018 as 14.93%, compared to an industry average of 7.8%. For more information on the declaration, record and payment dates, visit the AEE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AEE through an Exchange Traded Fund [ETF]? The following ETF(s) have AEE as a top-10 holding: Invesco DWA Utilities Momentum ETF ( PUI ) SPDR Select Sector Fund - Utilities ( XLU ) AGFiQ U.S. Market Neutral Anti-Beta Fund ( BTAL ). The top-performing ETF of this group is PUI with an increase of 8.77% over the last 100 days. It also has the highest percent weighting of AEE at 2.96%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-09-11,27.45,27.5692,27.2536,27.3943,"Tuesday Sector Laggards: Utilities, Consumer Products The worst performing sector as of midday Tuesday is the Utilities sector, showing a 0.3% loss. Within that group, AES Corp. (Symbol: AES) and Exelon Corp (Symbol: EXC) are two large stocks that are lagging, showing a loss of 1.2% and 1.2%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.3% on the day, and up 4.49% year-to-date. AES Corp., meanwhile, is up 24.19% year-to-date, and Exelon Corp is up 14.44% year-to-date. Combined, AES and EXC make up approximately 7.2% of the underlying holdings of XLU. The next worst performing sector is the Consumer Products sector, showing a 0.2% loss. Among large Consumer Products stocks, Molson Coors Brewing Co. (Symbol: TAP) and BorgWarner Inc (Symbol: BWA) are the most notable, showing a loss of 2.2% and 2.1%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF ( IYK ), which is flat on the day in midday trading, and down 4.50% on a year-to-date basis. Molson Coors Brewing Co., meanwhile, is down 21.38% year-to-date, and BorgWarner Inc, is down 14.16% year-to-date. Combined, TAP and BWA make up approximately 1.0% of the underlying holdings of IYK. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday. As you can see, six sectors are up on the day, while three sectors are down. 25 Dividend Giants Widely Held By ETFs » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-09-12,27.4275,27.5575,27.3082,27.3474,"Xcel Energy Inc. (XEL) Ex-Dividend Date Scheduled for September 13, 2018 Xcel Energy Inc. ( XEL ) will begin trading ex-dividend on September 13, 2018. A cash dividend payment of $0.38 per share is scheduled to be paid on October 20, 2018. Shareholders who purchased XEL prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that XEL has paid the same dividend. At the current stock price of $48.72, the dividend yield is 3.12%. The previous trading day's last sale of XEL was $48.72, representing a -6.7% decrease from the 52 week high of $52.22 and a 17.37% increase over the 52 week low of $41.51. XEL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). XEL's current earnings per share, an indicator of a company's profitability, is $2.43. Zacks Investment Research reports XEL's forecasted earnings growth in 2018 as 7.12%, compared to an industry average of 7.6%. For more information on the declaration, record and payment dates, visit the XEL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-09-13,27.3406,27.5506,27.1852,27.5438,"Exelon (EXC) Promises Better Returns: Apt to Hold the Stock? Estimates for Exelon CorporationEXC have been revised upward over the past 60 days, reflecting analysts' confidence in the stock. The Zacks Consensus Estimate for 2018 and 2019 earnings has moved 0.7% and 0.6% north to $3.10 and $3.08, respectively. Shares of the company have rallied nearly 15.8% over a year against its industry 's decline of 5.4%. Exelon is a utility services holding company that operates through its subsidiaries and has operations in 48 states, including the District of Columbia in the United States, along with Canada. Let's delve deeper into the factors that make it a good investment option. Growth Projections : The Zacks Consensus Estimate for 2018 earnings per share is pegged at $3.10, reflecting a year-over-year improvement of 19.23%. Its long-term earnings growth rate is pegged at 5.7%. Ongoing Investments to Strengthen Operation : Exelon plans to invest $21 billion over the 2018-2021-time frame on its regulated operations, in a bid to improve the reliability of its operations. Such systematic investments in regulated assets will drive rate base growth of 7.4% during this time frame, up from the previous expectation of 6.5% in the 2017-2020 period. Cost Management & Debt Reduction : Exelon is working to lower its expenses, particularly operating and maintenance expenses by 1.9% over the 2018-2021 time frame. In addition, strong free cash flow generating capability of the company will help lower its existing debt in excess of $4 billion over the next four years. VGM Score : The stock has a favorable VGM Score of A. Here V stands for Value, G for Growth and M for Momentum, with the score being a weighted combination of all the three factors. Back-tested results show that stocks with an impressive VGM Score of A or B coupled with a bullish Zacks Rank offer the best investment bets. Zacks Rank & Key Picks Exelon Corporation currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank(Strong Buy)stocks here . Some better-ranked stocks from the same industry are IDACORP Inc. IDA , DTE Energy Company DTE and Ameren Corporation AEE , each carrying a Zacks Rank #2 (Buy). Long-term earnings growth rate of IDACORP, DTE Energy and Ameren is currently pegged at 2.8%, 5.3% and 6.9%, respectively. The Zacks Consensus Estimate for IDACORP, DTE Energy and Ameren for 2018 has moved up 2.15%, 6.8% and 5.6%, respectively, in the past 60 days. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report DTE Energy Company (DTE): Free Stock Analysis Report Ameren Corporation (AEE): Free Stock Analysis Report IDACORP, Inc. (IDA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-09-14,27.4831,27.4959,27.1725,27.3219,
EXC,2018-09-17,27.5067,27.6132,27.3766,27.5633,
EXC,2018-09-18,27.4831,27.5692,27.2858,27.3943,
EXC,2018-09-19,27.4403,27.446,26.6204,26.8003,
EXC,2018-09-20,26.7582,26.9986,26.601,26.8931,New General Electric Issues Show Shares Could Drop to $10 A problem with a marquee turbine installation is yet another negative development for an embattled company.
EXC,2018-09-21,26.8373,27.1852,26.7289,27.0544,
EXC,2018-09-24,27.0181,27.0855,26.7553,26.7749,"Daily Dividend Report: EXC, ROP, CAG, BKU, NYT Exelon Corporation declared a regular quarterly dividend of $0.345 per share on Exelon's common stock. The dividend is payable on Dec. 10, 2018, to shareholders of record of Exelon as of 5 p.m. New York time on Nov. 15, 2018. Roper Technologies ( ROP ) announced that its Board of Directors has approved a dividend of $0.4125 per share payable on October 22, 2018 to stockholders of record on October 8, 2018. Conagra Brands ( CAG ) approved a quarterly dividend payment of $0.2125 per share of CAG common stock to be paid on November 30, 2018, to stockholders of record as of the close of business on October 17, 2018. BankUnited ( BKU ) has declared a quarterly cash dividend of $0.21 per common share. The dividend will be payable on October 31, 2018 to stockholders of record at the close of business on October 16, 2018. The New York Times declared a regular quarterly dividend of $.04 per share on the Company's Class A and Class B common stock. The dividend is payable on October 18, 2018, to shareholders of record as of the close of business on October 3, 2018. VIDEO: Daily Dividend Report: EXC, ROP, CAG, BKU, NYT The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-09-25,26.8315,26.8315,26.3059,26.3928,"[""Why General Electric Shareholders Will Need a Lot of Patience As most investors in the industrials space know, General Electric (NYSE: GE) is in the midst of a long transformation in which the formerly sprawling conglomerate is paring itself down to its core businesses. But as host Chris Hill and senior analyst Jason Moser note in this segment from MarketFoolery , that strategy means the remaining segments have even more weight to carry, and the company feels it more keenly when there's a problem in one of them. Thus, the recently revealed issues that power company Exelon (NYSE: EXC) has had with blades in GE's flagship model gas turbines loom even larger, and led JPMorgan to downgrade the stock. What do GE shareholders have to look forward to? A full transcript follows the video. 10 stocks we like better than General Electric When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and General Electric wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of August 6, 2018 This video was recorded on Sept. 20, 2018. Chris Hill: Shares of General Electric are down again today, this time on an analyst downgrade. This was not the typical, \""Well, we think, we feel,\"" kind of downgrade. This was specifically about concerns in GE's Power division, a gas turbine launch that looks like it's going to have a negative effect on earnings, at least in the next quarter, probably the next couple of quarters. Jason Moser: Yeah, it's distinctly possible. I think if you're an owner of GE shares today, then you need to take CEO John Flannery's language very seriously when he says that they are in a multi-year transformational journey. In English, he's saying, \""You'd better pack a lunch, because it's going to be a while.\"" I think we've come to accept that, based on how many moving parts are still involved with this business. They're trying to shed certain assets and refocus and get the business back around its core in Aviation, Power, and Renewables. I like that move. I think that's the right strategy. The downside to that is, though, when you run into trouble in any one of those core segments, it really has a material impact on the business. I think we may see something like that play out here if there are indeed troubles with the turbine blades that were discovered from Exelon, I believe is the power company. Flannery noted on the most recent call that the biggest challenge the company faces right now continues to be the turnaround of the Power of business. I think that tells us a lot. The core of the business is still, I don't want to say in trouble, but it sure is close. It requires a lot of working capital to operate. You look at their balance sheet today, to call it challenged is really an understatement. I think if you're going to be an investor in GE, you truly have to take a long-term outlook here. Understand that it's going to be three years before we see any real material progress. I actually think that Flannery can do it. I think that he's probably the Alan Mulally for GE. I think if anybody can get this taken care of, he can. He's proven he's not scared to go in there and shake things up. We've seen them already shed a lot of assets in order to try to streamline this business and just get back to focusing on what they're really good at. But it's going to be a bumpy ride. Hill: Give him credit for being as clear as he can possibly be. He's done that throughout 2018. He's just been very clear, like, \""Look, this is what's going on. This is how long it's going to take. You can get on board if you want, but pack a lunch.\"" Moser: Yeah. That's just such a big advantage for investors. He is very transparent. You know what you're getting into. I feel like he's a no-BS kind of guy. He speaks to analysts very frankly on the calls, he gets out in front of things. I think that's a real strength that they're going to be able to benefit from in the coming years, if they're going to get this business turned around. Chris Hill has no position in any of the stocks mentioned. Jason Moser has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Does GE's Turbine Failure Matter? By now most General Electric Company (NYSE: GE) followers will be aware that its HA-Class gas turbine, the flagship product of GE Power, had a failure that caused Exelon (NYSE: EXC) to shut down the turbine along with three others as a precaution. There's no doubt that this is going to negatively impact GE, but how relevant is it, and what should investors make of it? The HA turbine matters The heavy-duty gas turbine is actually one of the success stories of GE Power in recent years, and there's a case for arguing that if it hadn't been so successful, then GE's power segment would be in even deeper trouble. According to GE Power CEO Russell Stokes on his LinkedIn account, \""In 2017, we received a majority of global Heavy Duty Gas Turbine awards, with the HA leading in its space.\"" Moreover, GE needs every gas turbine order it can get in the current deteriorating environment. A combination of weaker than expected gas turbine demand in 2017 and a dismal outlook for 2018-2020 from both GE and Siemens has caused GE to cut its power segment guidance by some $500 million this year alone. That's worth about $0.05 in earnings per share and is creating challenges for its full-year guidance for EPS of $1 to $1.07. The chart below shows how GE has lowered its guidance for heavy-duty gas turbines in 2018. Data source: General Electric Company presentations. The HA-turbine -- GE has received 82 orders and shipped 51 units to date -- is a key product and the last thing GE needs to hear about right now is costly repairs to equipment shipped and compensation payments to customers. What actually happened That said, it's important not to sensationalize the issue because GE and Exelon have both expressed confidence that the issue is fixable. Stokes took to his LinkedIn account to write an article saying, \""We identified an issue that we expect to impact our HA units. It involves an oxidation issue that affects the lifespan of a single blade component. \"" He continued saying, \""We have identified a fix and have been working proactively with HA operators to address impacted turbines.\"" More recently, a GE press release stated: \""The component is only used in stage-one blades in GE's highest-efficiency turbines - HA and 9FB, one of the HA's predecessors and a legacy fleet that comprises less than one percent of the Company's global gas turbine fleet.\"" Furthermore, a Bloomberg article quoted Exelon COO Mike Pacilio as saying the two affected sites -- Wolf Hollow and Colarado Bend -- would be working again the following week and GE had a plan to repair the issue later in the year. A market overreaction The issue is a disappointment, and it will surely cost GE money -- not least to repair the issues with turbines already shipped and possibly make adjustments to current HA production -- but investors will have to wait for management to outline what the one-off costs are likely to be. If it does turn out to be a minor issue that merely involves some one-off costs -- worth no more than, say, a few cents of EPS -- then there's a case for arguing that the near-4% drop in share price (nearly $6 billion in market cap) since the news broke is an overreaction. GE needs power for a recovery The deeper issue is that the problem with the HA-turbine is likely to obscure the view on margin progression at GE Power, which is something the market needs to see from GE. It's important for two reasons. First, a recovery in the power segment is an integral part of GE's plan to reduce its net debt-to-earnings ratio in line with what credit rating agencies typically expect for investment-grade debt. Second, if GE is going to hit its earnings targets for 2018, then it's probably going to need margin expansion in its power segment -- not least because first-half segment profit was just $694 million when the full-year forecast is for $1.95 billion. What really matters to investors In addition, during the second-quarter earnings call CFO Jamie Miller described gas turbine and aero-derivative orders as \""moving out to the second half.\"" Miller continued, \""We have visibility to a solid pipeline of activity in the second half. However, the timing of closing on these orders remains difficult to forecast.\"" GE was expecting, and needs, a better second half for power, and also to make some progress toward the 10%-plus power segment margin (first-half margin was just 4.7%) that CEO John Flannery previously laid out as a mid-term aim. Aside from one-off costs and some possible order delays, the biggest problem from the HA turbine issue is likely to be that the hit to profits could obscure the magnitude of the underlying margin improvement at GE Power. This would create even more uncertainty around GE's earnings and cash flow. Investors should look out very carefully for what GE says on the matter during its third-quarter earnings presentation. 10 stocks we like better than General Electric When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and General Electric wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of August 6, 2018 Teresa Kersten is an employee of LinkedIn and is a member of The Motley Fool's board of directors. LinkedIn is owned by Microsoft. Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-09-26,26.4612,26.553,26.1524,26.1574,
EXC,2018-09-27,26.1798,26.6204,26.1574,26.5345,
EXC,2018-09-28,26.6077,27.0982,26.553,27.0611,
EXC,2018-10-01,26.936,26.9869,26.7749,26.9067,
EXC,2018-10-02,26.9927,27.3983,26.9595,27.278,
EXC,2018-10-03,27.2409,27.3142,26.4846,26.7142,"[""Wednesday Sector Laggards: Utilities, Healthcare The worst performing sector as of midday Wednesday is the Utilities sector, showing a 1.3% loss. Within that group, Exelon Corp (Symbol: EXC) and FirstEnergy Corp (Symbol: FE) are two large stocks that are lagging, showing a loss of 2.1% and 2.0%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 1.3% on the day, and up 2.11% year-to-date. Exelon Corp, meanwhile, is up 11.96% year-to-date, and FirstEnergy Corp is up 23.33% year-to-date. Combined, EXC and FE make up approximately 8.6% of the underlying holdings of XLU. The next worst performing sector is the Healthcare sector, showing a 0.1% loss. Among large Healthcare stocks, Edwards Lifesciences Corp (Symbol: EW) and Nektar Therapeutics (Symbol: NKTR) are the most notable, showing a loss of 3.8% and 2.9%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF ( XLV ), which is up 0.1% in midday trading, and up 16.85% on a year-to-date basis. Edwards Lifesciences Corp, meanwhile, is up 38.33% year-to-date, and Nektar Therapeutics, is down 10.03% year-to-date. Combined, EW and NKTR make up approximately 1.1% of the underlying holdings of XLV. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, seven sectors are up on the day, while two sectors are down. 10 ETFs With Stocks That Insiders Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Wednesday's ETF Movers: KRE, XLU In trading on Wednesday, the SPDR S&P Regional Banking ETF ( KRE ) is outperforming other ETFs, up about 2.3% on the day. Components of that ETF showing particular strength include shares of Veritex Holdings ( VBTX ), up about 4.5% and shares of Green Bancorp ( GNBC ), up about 4.3% on the day. And underperforming other ETFs today is the Utilities Select Sector SPDR Fund ETF ( XLU ), off about 1.2% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Exelon ( EXC ), lower by about 1.9%, and shares of Centerpoint Energy (CNP), lower by about 1.9% on the day. VIDEO: Wednesday's ETF Movers: KRE, XLU The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-10-04,26.6644,26.852,26.3801,26.8003,
EXC,2018-10-05,26.8003,27.2478,26.7396,27.1539,
EXC,2018-10-08,27.2536,27.4011,26.9497,27.278,
EXC,2018-10-09,27.1852,27.4959,27.0417,27.2829,
EXC,2018-10-10,27.2223,27.576,26.9927,26.9986,
EXC,2018-10-11,27.0797,27.1353,26.34,26.4846,
EXC,2018-10-12,26.5413,26.7202,26.3059,26.5951,"Here’s a dividend-investment strategy designed to outperform in down markets The Reality Shares DIVCON Leaders Dividend ETF screens for quality, based on the likelihood of large-cap companies raising payouts to shareholders The Reality Shares DIVCON Leaders Dividend ETF screens for quality, based on the likelihood of large-cap companies raising payouts to shareholders."
EXC,2018-10-15,26.6264,26.9927,26.5463,26.6712,
EXC,2018-10-16,26.6585,27.0387,26.5834,26.936,
EXC,2018-10-17,26.936,26.9986,26.5463,26.6468,
EXC,2018-10-18,26.6585,26.8432,26.5286,26.6995,
EXC,2018-10-19,26.7943,27.5134,26.7455,27.3542,"Friday Sector Leaders: Utilities, Financial The best performing sector as of midday Friday is the Utilities sector, higher by 1.3%. Within the sector, Exelon Corp (Symbol: EXC) and Duke Energy Corp (Symbol: DUK) are two large stocks leading the way, showing a gain of 2.2% and 2.0%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 1.4% on the day, and up 5.91% year-to-date. Exelon Corp, meanwhile, is up 14.37% year-to-date, and Duke Energy Corp is up 1.75% year-to-date. Combined, EXC and DUK make up approximately 14.3% of the underlying holdings of XLU. The next best performing sector is the Financial sector, up 0.4%. Among large Financial stocks, Synchrony Financial (Symbol: SYF) and Citizens Financial Group Inc (Symbol: CFG) are the most notable, showing a gain of 5.1% and 4.4%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF ( XLF ), which is up 0.2% in midday trading, and down 3.36% on a year-to-date basis. Synchrony Financial, meanwhile, is down 17.97% year-to-date, and Citizens Financial Group Inc , is down 11.48% year-to-date. Combined, SYF and CFG make up approximately 1.2% of the underlying holdings of XLF. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, two sectors are up on the day, while six sectors are down. 10 ETFs With Stocks That Insiders Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-10-22,27.1041,27.2605,26.8999,26.9624,
EXC,2018-10-23,27.0054,27.15,26.7749,26.98,"NextEra Energy (NEE) Q3 Earnings Top, Revenues Lag Estimates NextEra Energy, Inc . NEE reported third-quarter 2018 adjusted earnings of $2.18 per share, beating the Zacks Consensus Estimate of $2.17 by 0.46%. Moreover, earnings were up 17.8% on a year-over-year basis. The year-over-year earnings growth was led by solid contribution from both Florida Power & Light Company, and NextEra Energy Resources segments. The enhanced growth was primarily due to new investments made at both the segments. On a GAAP basis, NextEra Energy recorded earnings of $2.10 per share, up from $1.79 a year ago. Total Revenues In the third quarter, NextEra Energy's operating revenues were $4,418 million, lagging the Zacks Consensus Estimate of $4,888 million by 9.6%. Reported revenues were down 8.1% year over year. NextEra Energy, Inc. Price, Consensus and EPS Surprise NextEra Energy, Inc. Price, Consensus and EPS Surprise | NextEra Energy, Inc. Quote Segmental Results Florida Power & Light Company : Earnings came in at $1.37 per share, up 15.1% from $1.19 recorded in the prior-year quarter. Revenues amounted to $3,399 million, down 2.2% from the prior-year quarter. Continued investments to strengthen its operation not only increased the reliability of services but also allowed it to efficiently serve its expanding customer base. NextEra Energy Resources : Quarterly earnings came in at 73 cents per share, up 17.7% from 62 cents in the year-ago quarter. Revenues amounted to $1,020 million, down 23.8% from the prior-year quarter. Corporate and Othe r: Operating earnings in the reported quarter was 8 cents compared with 4 cents in the year-ago quarter. Highlights of the Release In the reported quarter, NextEra Energy's total operating expenses were down 0.3% to $3,448 million. Interest expenses in the quarter were $167 million, down 56.2% from the year-ago quarter. In the reported quarter, Florida Power & Light Company's total average customer count went up by 58,000 or 1.2% on a year-over-year basis. NextEra Energy Resources expanded its backlog of renewable projects in excess of 1,417 MW in the third quarter of 2018, adding 850 MW of wind, 447 MW of solar and 120 MW of battery storage projects. Financial Update NextEra Energy had cash and cash equivalents of $497 million as of Sep 30, 2018 compared with $1,714 million on Dec 31, 2017. Long-term debt as of Sep 30, 2018 was $27.04 billion, down from $31.4 billion on Dec 31, 2017. NextEra Energy's cash flow from operating activities in the first nine months of 2018 was $5,225 million compared with $5,329 million in the corresponding period last year. Guidance NextEra Energy reiterated its adjusted earnings guidance in the range of $7.45-$7.95 for 2018. The company expects its earnings to register a compound annual growth rate of 6-8% per year through 2021, off its 2018 earnings midpoint of $7.70. The company expects its dividend per share to increase 12-14% per year through 2020 from a 2017 base of $3.93 per share. NextEra Energy currently aims to add 10,100-16,500 MW of renewable power projects in its portfolio within the 2017-2020 time frame. Zacks Rank Currently, NextEra Energy carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Upcoming Releases Dominion Energy D is scheduled to report third-quarter 2018 results on Nov 1. The Zacks Consensus Estimate is pegged at $1.11. Eversource Energy ES is scheduled to announce third-quarter 2018 results on Nov 1. The Zacks Consensus Estimate stands at 88 cents. Exelon Corp. EXC is scheduled to report third-quarter 2018 results on Nov 1. The Zacks Consensus Estimate is pegged at 86 cents. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report Eversource Energy (ES): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-10-24,27.1911,27.8086,27.0181,27.5945,"DTE Energy (DTE) Q3 Earnings Beat on Favorable Weather Pattern DTE EnergyCompanyDTE reported third-quarter 2018 operating earnings per share of $2.13, which outpaced the Zacks Consensus Estimate of $1.74 by 22.4%. The reported figure also improved 43.9% from the year-ago quarter's figure of $1.48. On a GAAP basis, the company's reported earnings came in at $1.84 per share compared with $1.51 in the prior-year quarter. Highlights of the Release DTE Energy announced that it invested nearly $1.2 billion with Michigan-based companies through the third quarter of 2018, exceeding its commitment to the Pure Michigan Business Connect local supplier initiative. Notably, this investment includes $380 million spent in Detroit. Moreover, the company took a significant step toward its goal of reducing carbon emissions by more than 80% by breaking ground on a natural gas-fueled plant worth $1 billion. Per DTE Energy, the Blue Water Energy Center will be the most efficient power plant in the state when it begins producing affordable and reliable low-emission electricity. Operating net income in the reported quarter totaled $388 million compared with $264 million in the year-ago quarter, courtesy of favorable weather patterns. DTE Energy Company Price, Consensus and EPS Surprise DTE Energy Company Price, Consensus and EPS Surprise | DTE Energy Company Quote Segmental Details Utility Operations DTE Electric : The segment's operating earnings totaled $304 million, up from $222 million in the prior-year quarter. DTE Gas: The segment incurred operating loss of $28 million compared with loss of $13 million in the prior-year quarter. Non-Utility Operations : The operating earnings from Non-Utility operations were $142 million compared with $70 million in the year-ago quarter. Guidance DTE Energy raised its 2018 operating earnings per share guidance from the range of $5.94-$6.32 to $6.12-$6.48. Zacks Rank DTE Energy carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Upcoming Releases Dominion Energy D is scheduled to report third-quarter 2018 earnings on Nov 1. The Zacks Consensus Estimate is pegged at $1.11. Eversource Energy ES is scheduled to announce third-quarter 2018 earnings on Nov 1. The Zacks Consensus Estimate stands at 88 cents. Exelon Corp. EXC is scheduled to report third-quarter 2018 earnings on Nov 1. The Zacks Consensus Estimate is pegged at 86 cents. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DTE Energy Company (DTE): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Eversource Energy (ES): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-10-25,27.4011,27.4207,26.9624,27.1784,"CMS Energy (CMS) Beats on Q3 Earnings, Ups 2018 Guidance CMS Energy CorporationCMS reported third-quarter 2018 adjusted earnings per share (EPS) of 59 cents. The figure also surpassed the Zacks Consensus Estimate of 57 cents by 3.5%. This company delivered GAAP earnings of 59 cents in the reported quarter compared with 61 cents in the prior-year period. Operational Performance In the quarter under review, CMS Energy's operating revenues summed $1,599 million, beating the Zacks Consensus Estimate as well as the year-ago figure of $1,527 million by 4.7%. The company's operating expenses increased 9% to $1,305 million during the quarter under discussion. Operating income during the third quarter was $294 million, down 10.9% from $330 million a year ago. CMS Energy's interest charges were $114 million, up 2.7% from $111 million in the year-ago period. CMS Energy Corporation Price, Consensus and EPS Surprise CMS Energy Corporation Price, Consensus and EPS Surprise | CMS Energy Corporation Quote Financial Condition CMS Energy had cash and cash equivalents of $323 million as of Sep 30, 2018, up from $182 million as of Dec 31, 2017. As of Sep 30, 2018, debt, capital leases and financing obligations stood at $9,370 million, up from $8,940 million as of Dec 31, 2017. At the end of first nine months of 2018, cash from operating activities was $1,565 million compared with $1,199 million in the year-ago period. 2018 Guidance CMS Energy raised its 2018 adjusted earnings per share projection to the range of $2.31-$2.34 from the previous expectation of $2.30-$2.34. Also, the company provided bottom line forecast in the band of $2.46-$2.50 per share for 2019, reflecting 6-8% adjusted earnings growth. Zacks Rank CMS Energy currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . Upcoming Releases Dominion Energy D is scheduled to report third-quarter 2018 results on Nov 1. The Zacks Consensus Estimate for quarterly earnings is pegged at $1.11. Eversource Energy ES is set to announce third-quarter 2018 results on Nov 1. The consensus estimate for the to-be-reported quarter's bottom line stands at 88 cents. Exelon Corp. EXC is slated to release third-quarter 2018 results on Nov 1. The consensus mark for earnings in the quarter to be reported is projected at 86 cents. Looking for Stocks with Skyrocketing Upside? Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CMS Energy Corporation (CMS): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report Eversource Energy (ES): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-10-26,27.2897,27.4011,26.8003,27.0347,"Why Exelon (EXC) is Poised to Beat Earnings Estimates Again If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Exelon (EXC). This company, which is in the Zacks Utility - Electric Power industry, shows potential for another earnings beat. This energy company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 9.81%. For the most recent quarter, Exelon was expected to post earnings of $0.61 per share, but it reported $0.71 per share instead, representing a surprise of 16.39%. For the previous quarter, the consensus estimate was $0.93 per share, while it actually produced $0.96 per share, a surprise of 3.23%. Price and EPS Surprise For Exelon, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time . In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Exelon has an Earnings ESP of +0.27% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on November 1, 2018. Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric. Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate. Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-10-29,26.9986,27.446,26.9986,27.3219,"[""Is a Beat in Store for Exelon (EXC) This Earnings Season? We expect Exelon CorporationEXC to pull off a positive earnings surprise when it reports third-quarter 2018 earnings on Nov 1. The utility delivered an earnings surprise of 16.39% in the last reported quarter. The company's bottom line also surpassed the Zacks Consensus Estimate in two of the last four quarters, the average beat being 1.79%. Let's see how things are shaping up prior to this announcement. Exelon Corporation Price and EPS Surprise Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote Why a Likely Positive Surprise? Our proven model shows that Exelon is likely to beat estimates because it has the right combination of the following two key ingredients - a positive Earnings ESP and a favorable Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. Earnings ESP: Exelon has an Earnings ESP of +0.27%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank: Exelon carries a Zacks Rank #2, which increases the predictive power of ESP. Stocks with a solid Zacks Rank and a positive ESP significantly have higher chances of an earnings beat. Conversely, the Sell-rated stocks (#4 or 5) should never be considered going into an earnings announcement, especially when the company is seeing negative estimate revisions. Factors to Consider The company expects to generate operating earnings of 80-90 cents per share in the third quarter compared with 85 cents reported in the comparable quarter last year. Also, the consensus estimate for the quarterly earnings is pegged at 86 cents per share. The company is undertaking some cost optimization programs which in turn, will lower the company's operating and maintenance expenses. The company is likely to benefit from its cost management initiatives through improved efficiency as well as productivity. We expect the company will continue to benefit from new rates, which are implemented earlier this year. Upcoming Releases Here are a few other operators worth considering from the same industry with the right combination of elements to also beat on earnings this reporting cycle. Public Service Enterprise Group Incorporated PEG is expected to release third-quarter results on Oct 30. It has an Earnings ESP of +1.90% and a Zacks Rank #3. Dominion Energy Inc D is expected to release third-quarter results on Nov 1. It has an Earnings ESP of +2.22% and a Zacks Rank of 2. You can see the complete list of today's Zacks #1 Rank stocks here . Alliant Energy Corporation LNT is expected to release third-quarter results on Nov 6. It has an Earnings ESP of +1.19% and a Zacks Rank of 3. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Public Service Enterprise Group Incorporated (PEG): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report Alliant Energy Corporation (LNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""NiSource, Inc (NI) Ex-Dividend Date Scheduled for October 30, 2018 NiSource, Inc ( NI ) will begin trading ex-dividend on October 30, 2018. A cash dividend payment of $0.195 per share is scheduled to be paid on November 20, 2018. Shareholders who purchased NI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that NI has paid the same dividend. At the current stock price of $25.44, the dividend yield is 3.07%. The previous trading day's last sale of NI was $25.44, representing a -9.5% decrease from the 52 week high of $28.11 and a 13.37% increase over the 52 week low of $22.44. NI is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NI's current earnings per share, an indicator of a company's profitability, is $.76. Zacks Investment Research reports NI's forecasted earnings growth in 2018 as 5.23%, compared to an industry average of 7.1%. For more information on the declaration, record and payment dates, visit the NI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to NI through an Exchange Traded Fund [ETF]? The following ETF(s) have NI as a top-10 holding: Invesco S&P 500 Equal Weight Utilities ETF ( RYU ). The top-performing ETF of this group is RYU with an increase of 11.16% over the last 100 days. It also has the highest percent weighting of NI at 3.55%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-10-30,27.7597,27.7597,27.2281,27.5067,"What's in Store for Eversource Energy (ES) in Q3 Earnings? Eversource EnergyES is expected to beat earnings estimates when it reports third-quarter 2018 financial results on Nov 2, before the opening bell. The utility delivered a positive earnings surprise of 1.33% in the last reported quarter. What Our Quantitative Model Predicts Our proven model shows that Eversource Energy is likely to beat estimates in the upcoming quarterly results. A stock needs to have both a positive Earnings ESP (which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate) and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to surpass estimates, and Eversource Energy has the right mix. You can see the complete list of today's Zacks #1 Rank stocks here . You can uncover the best stocks to buy or sell before they're reported with ourEarnings ESP Filter . Eversource Energy Price and EPS Surprise Eversource Energy Price and EPS Surprise | Eversource Energy Quote Earnings ESP : Earnings ESP of the company is pegged at +2.55%. Zacks Rank: Currently, Eversource Energy carries a Zacks Rank #2. The combination of the company's favorable Zacks Rank and a positive ESP makes us reasonably confident of a positive earnings surprise in the to-be-reported quarter. Conversely, we caution against Sell-rated stocks (#4 or 5) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Factors to Consider Eversource Energy's third-quarter earnings will benefit from the acquisition of Aquarion Water Company. The new rates approved in Connecticut and investments made to strengthen the transmission facilities are going to have a positive impact on its earnings. The Zacks Consensus Estimate for the third quarter is pegged at 88 cents, which reflects year-over-year growth of 7.3%. Other Stocks to Consider In addition to Eversource Energy, investors can consider the following players from the industry , which have the right combination of elements to post an earnings beat in the to-be-reported quarter. Dominion Energy D is expected to release third-quarter 2018 numbers on Nov 1. It has an Earnings ESP of +2.22% and carries a Zacks Rank #2. Exelon Corporation EXC is expected to report third-quarter 2018 results on Nov 1. It has an Earnings ESP of +0.27% and a Zacks Rank #2. Southern Company SO is expected to release third-quarter 2018 numbers on Nov 7. It has an Earnings ESP of +0.37% and carries a Zacks Rank #1. The Hottest Tech Mega-Trend of All Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early. See Zacks' 3 Best Stocks to Play This Trend >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dominion Energy Inc. (D): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Southern Company (The) (SO): Free Stock Analysis Report Eversource Energy (ES): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-10-31,27.4147,27.4147,26.98,27.1539,"[""EXC or PNW: Which Is the Better Value Stock Right Now? Investors interested in Utility - Electric Power stocks are likely familiar with Exelon (EXC) and Pinnacle West (PNW). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits. Exelon and Pinnacle West are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that EXC has an improving earnings outlook. But this is only part of the picture for value investors. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors. EXC currently has a forward P/E ratio of 14.25, while PNW has a forward P/E of 18.73. We also note that EXC has a PEG ratio of 2.51. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. PNW currently has a PEG ratio of 4.19. Another notable valuation metric for EXC is its P/B ratio of 1.31. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, PNW has a P/B of 1.82. These metrics, and several others, help EXC earn a Value grade of A, while PNW has been given a Value grade of C. EXC has seen stronger estimate revision activity and sports more attractive valuation metrics than PNW, so it seems like value investors will conclude that EXC is the superior option right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Fabulous Income Investments As 2018 expires, I imagine you're resigned to negative returns on most of your bonds and perhaps unhappy that such perennial winners as real estate investment trusts, utility shares and preferred stocks are treading water. That's understandable. But I maintain that largely standing pat with these holdings and ignoring shrill warnings about an encroaching bear market, gathering U.S. recession and global chaos is still advisable. See Also: 12 Alternative Strategies for High Yield and Stability I refuse to call a loss of, say, 1.2% on JPMorgan preferreds or 1.5% on American Electric Power shares ter\u00adrible or even significant because you have been paid well for years and can expect future interest and dividends to arrive in full and on time. The paucity of defaults, bankruptcies and dividend cuts separates the volatility of 2018 from past wipeouts. Moreover, I'm not spooked by global events, such as the recent Italian bond-market plunge or the election of an unpredictable populist president in Brazil. In recent years, the Greek sovereign debt crisis, Brexit and the \""taper tantrum\"" that pushed bond yields up after the Federal Reserve decided to wind down its bond-buying program all passed without harming portfolios much. More than a few established income-and-growth investments with unique attributes, an especially timely niche or a tech\u00adnological advantage can extend fine 2018 returns, despite higher Treasury yields or the possibility that a struggling emerging-market economy will go belly-up. Stake your claim to sound sectors, select good names within each, and you'll be fine. Bucking a chaotic trend. The following fab five benefit from strong economic growth and inexpensive fixed-rate debt that does not need to be refinanced right away. They are expensive to buy at times, but in higher-yielding categories you often get what you pay for. Moreover, nothing that has happened this year or that looms over 2019 should threaten these elites. If you appreciate the power of borrowing at low fixed rates and lending at high variable ones, you'll like specialty finance company Ares Capital (symbol ARCC , price $16, yield 9.5%). At Ares, 91% of the credit it extends to 346 businesses is floating rate, more than 70% is secured, and much of it pays Ares more than 10%. More than half of Ares's own borrowings are fixed-rate, and the companywide cost of credit is just 4.1%. Defaults and other impairments are less than 1%. Exelon ( EXC , $43, 3.2%) is making up for lost time. Five years have passed since the utility's share price cratered 50% (it's more than back), and yet some analysts still hesitate to accord it full respect. I'm not saying to avoid or dump other utilities, just noting that Exelon has been exceptional of late. Lamar Advertising ( LAMR , $72, 5.1%) is a real estate investment trust that intends to speed up its wildly successful conversion of roadside billboards from static signs to digital message boards, a business model it pioneered. I cannot overpraise Magellan Midstream Partners ( MMP , $64, 5.9%), a massive pipeline operation that carries gasoline and other refined products. This toll-road-type enterprise doesn't benefit directly from higher oil prices , but its shares do because when oil gets rich, investors flock to broad energy-related funds that include a position in Magellan. Quality isn't cheap. So I am un\u00addeterred by the high premiums commanded by shares in Pimco's diversified closed-end credit funds over the net asset value of the secur\u00adities in the funds' portfolios. Pimco Corporate & Income Strategy Fund ( PCN , $17, 7.8%) trades at 19% over NAV, so maybe you ought to wait until the premium shrinks closer to 12%. But the share price is stable, net investment income covers the distributions (or comes close), and the portfolio management is splendid. See Also: 101 Best Dividend Stocks to Buy for 2019 and Beyond The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Are You Looking for a High-Growth Dividend Stock? Exelon (EXC) Could Be a Great Choice Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Exelon in Focus Exelon (EXC) is headquartered in Chicago, and is in the Utilities sector. The stock has seen a price change of 12.61% since the start of the year. Currently paying a dividend of $0.34 per share, the company has a dividend yield of 3.11%. In comparison, the Utility - Electric Power industry's yield is 3.22%, while the S&P 500's yield is 1.96%. In terms of dividend growth, the company's current annualized dividend of $1.38 is up 5.3% from last year. In the past five-year period, Exelon has increased its dividend 3 times on a year-over-year basis for an average annual increase of 2.40%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Exelon's current payout ratio is 45%, meaning it paid out 45% of its trailing 12-month EPS as dividend. EXC is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2018 is $3.12 per share, representing a year-over-year earnings growth rate of 20%. Bottom Line Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. It's important to keep in mind that not all companies provide a quarterly payout. High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, EXC presents a compelling investment opportunity; it's not only an attractive dividend play, but the stock also boasts a strong Zacks Rank of #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for November 1, 2018 : DWDP, SHPG, CI, D, ZTS, EXC, BCE, CNQ, TRP, MPC, MPLX, PPL The following companies are expected to report earnings prior to market open on 11/01/2018. Visit our Earnings Calendar for a full list of expected earnings releases. DowDuPont Inc. ( DWDP ) is reporting for the quarter ending September 30, 2018. The chemical company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.71. This value represents a 29.09% increase compared to the same quarter last year. In the past year DWDP has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for DWDP is 12.65 vs. an industry ratio of 12.20, implying that they will have a higher earnings growth than their competitors in the same industry. Shire plc ( SHPG ) is reporting for the quarter ending September 30, 2018. The drug company's consensus earnings per share forecast from the 8 analysts that follow the stock is $3.65. This value represents a 4.20% decrease compared to the same quarter last year. In the past year SHPG has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 5.72%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for SHPG is 11.66 vs. an industry ratio of -4.00, implying that they will have a higher earnings growth than their competitors in the same industry. Cigna Corporation ( CI ) is reporting for the quarter ending September 30, 2018. The insurance company's consensus earnings per share forecast from the 11 analysts that follow the stock is $3.45. This value represents a 21.91% increase compared to the same quarter last year. In the past year CI has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 16.82%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for CI is 15.16 vs. an industry ratio of 14.70, implying that they will have a higher earnings growth than their competitors in the same industry. Dominion Energy, Inc. ( D ) is reporting for the quarter ending September 30, 2018. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.11. This value represents a 6.73% increase compared to the same quarter last year. In the past year D has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 10.26%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for D is 17.55 vs. an industry ratio of 17.40, implying that they will have a higher earnings growth than their competitors in the same industry. Zoetis Inc. ( ZTS ) is reporting for the quarter ending September 30, 2018. The drug company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.77. This value represents a 18.46% increase compared to the same quarter last year. In the past year ZTS has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 8.45%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for ZTS is 29.47 vs. an industry ratio of -4.00, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation ( EXC ) is reporting for the quarter ending September 30, 2018. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.88. This value represents a 3.53% increase compared to the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for EXC is 14.22 vs. an industry ratio of 17.40. BCE, Inc. ( BCE ) is reporting for the quarter ending September 30, 2018. The diversified company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.71. This value represents a 1.43% increase compared to the same quarter last year. The last two quarters BCE had negative earnings surprises; the latest report they missed by -2.99%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for BCE is 14.66 vs. an industry ratio of 16.00. Canadian Natural Resources Limited ( CNQ ) is reporting for the quarter ending September 30, 2018. The oil company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.66. This value represents a 725.00% increase compared to the same quarter last year. CNQ missed the consensus earnings per share in the 3rd calendar quarter of 2017 by -27.27%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for CNQ is 10.78 vs. an industry ratio of 10.40, implying that they will have a higher earnings growth than their competitors in the same industry. TransCanada Corporation ( TRP ) is reporting for the quarter ending September 30, 2018. The oil (production/pipeline) company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.59. This value represents a 5.36% increase compared to the same quarter last year. In the past year TRP has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for TRP is 14.50 vs. an industry ratio of 26.90. Marathon Petroleum Corporation ( MPC ) is reporting for the quarter ending September 30, 2018. The oil refining company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.68. This value represents a 5.08% decrease compared to the same quarter last year. MPC missed the consensus earnings per share in the 1st calendar quarter of 2018 by -42.86%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for MPC is 13.54 vs. an industry ratio of 20.20. MPLX LP ( MPLX ) is reporting for the quarter ending September 30, 2018. The oil (production/pipeline) company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.58. This value represents a 100.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for MPLX is 14.54 vs. an industry ratio of 26.90. PPL Corporation ( PPL ) is reporting for the quarter ending September 30, 2018. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.56. This value represents a no change for the same quarter last year. In the past year PPL has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 1.85%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for PPL is 13.14 vs. an industry ratio of 17.40. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Zacks Analyst Blog Highlights: National Fuel Gas, Dominion Energy, American Electric Power, WEC Energy Group and Exelon For Immediate Release Chicago, IL - October 31, 2018 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include National Fuel Gas Company NFG , Dominion Energy, Inc. D , American Electric Power Co., Inc. AEP , WEC Energy Group WEC and Exelon Corp. EXC . Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are highlights from Tuesday's Analyst Blog: U.S.-China Trade War Set to Escalate: 5 Safe Utility Picks Markets endured another volatile day of trading on Oct 29 with the Dow swinging by 900 points over the trading session before closing 200 points lower. The culprit for this reversal was a report that Trump was preparing to impose fresh tariffs on Chinese imports. Both the blue-chip index and the S&P 500 ended perilously short of correction territory. Incidentally, the Nasdaq is already languishing in that zone. Currently, all of the S&P 500's sectors are in the red over the past month but for consumer staples and utilities, which leads the pack. Meanwhile, fears that the United States has hit peak earnings are also worrying investors. The Fed's resolve to push on with rate hikes is another concern. Given this backdrop, investing in utilities stocks, which offer lucrative dividends, is a smart option. Fresh Tariffs on Chinese Imports Likely According to a report from Bloomberg, the United States is likely to announce fresh tariffs on Chinese imports in December. These duties will be imposed in case upcoming talks between president Xi and President Trump fail to resolve lingering trade tensions between the two countries. The two leaders are scheduled to meet on the sidelines of a G-20 summit to be held in November at Buenos Aires. These duties will be imposed on all the remaining Chinese imports, which have not been targeted by earlier rounds of tariffs. According to the report, these tariffs would be imposed on imports worth around $257 billion. Speaking to Fox News late on Monday, Trump said: \""I think we will make a great deal with China, and it has to be great because they've drained our country.\"" Peak Earnings, Rate Hike Worries Grip Markets Even as U.S.-China trade relations threatened to worsen, markets were gripped with the fear that we are currently witnessing peak earnings. For full-year 2018, total earnings for the S&P 500 index are expected to be up 20.5% on 6.6% higher revenues. For full-year 2019, total earnings are expected to be up 9.9% on 5.2% higher revenues. (Read: Weak Spots in the Earnings Picture ) The projected decline in profit growth in 2019 is primarily being attributed to the absence of the stimulus provided by Trump's tax cuts. Going by past trends, stocks suffer once an earnings peak has been reached. Per JP Morgan (JPM), stocks outperform bonds for two more months on average after such an event. Such outperformance fails to continue for more than a year after the earnings peak. Another major concern for investors at this moment is that the Fed's resolve to continue with monetary tightening could create a liquidity crunch. Some commentators have gone as far as to suggest that its concept of a \""neutral rate\"" is flawed and lacks historical basis. They think the Fed is unwilling to recognize economic realities and fail to appreciate that several sectors will come under duress due to rate increases. Our Choices The specter of fresh tariffs is threatening to turn October into an even tougher month for stocks than was first feared. All of the S&P 500's sectors are in the red over the past month with the exception of consumer staples and utilities. The Utilities Select Sector SPDR is the leading performer over this period, having gained 2.8%. Investing in utilities stocks, which also offer lucrative dividends, looks prudent. We have narrowed our search to the following stocks based on a good Zacks Rank and other relevant metrics. National Fuel Gas Company is an integrated energy company, which has natural gas assets located in the prolific Appalachian basin and oil-producing assets in California. National Fuel Gas' expected earnings growth for the current year is 2.4%. The Zacks Consensus Estimate for the current year improved by 5% over the last 30 days. The stock has a dividend yield of 3.1%.The stock sports a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here. Dominion Energy, Inc. (earlier known as Dominion Resources Inc.) together with its subsidiaries produces and transports energy in the United States. Dominion Energy has a Zacks Rank #2 (Buy). The company's expected earnings growth for the current year is 15.4%. The Zacks Consensus Estimate for the current year has improved by 0.5% over the last 30 days. The stock has a dividend yield of 4.7%. American Electric Power Co., Inc. is a public utility holding company, which, through directly and indirectly owned subsidiaries, generates, transmits and distributes electricity, natural gas and other commodities. American Electric Power has a Zacks Rank #2. The company's expected earnings growth for the current year is 7.6%. The Zacks Consensus Estimate for the current year has improved by 1% over the last 30 days. The stock has a dividend yield of 3.4%. WEC Energy Group is a diversified holding company, engaged in the generation and distribution of electricity in southeastern, east central and northern Wisconsin, as well as in the upper peninsula of Michigan. WEC Energy has a Zacks Rank #2. The company's expected earnings growth for the current year is 6%. The Zacks Consensus Estimate for the current year has improved by 0.3% over the last 30 days. The stock has a dividend yield of 3.2%. Exelon Corp. is a utility services holding company that operates through its subsidiaries - Generation, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Pepco Holdings (PHI) and Baltimore Gas and Electric (BGE). Exelon has a Zacks Rank #2. The company has expected earnings growth of 19.8% for the current year. The Zacks Consensus Estimate for the current year has improved by 0.5% over the last 30 days. The stock has a dividend yield of 3.2%. The Hottest Tech Mega-Trend of All Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce \""the world's first trillionaires,\"" but that should still leave plenty of money for regular investors who make the right trades early. See Zacks' 3 Best Stocks to Play This Trend >> About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 \""Strong Buys\"" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>. Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com/ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report WEC Energy Group, Inc. (WEC): Free Stock Analysis Report National Fuel Gas Company (NFG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CMS Energy Corporation (CMS) Ex-Dividend Date Scheduled for November 01, 2018 CMS Energy Corporation ( CMS ) will begin trading ex-dividend on November 01, 2018. A cash dividend payment of $0.357 per share is scheduled to be paid on November 30, 2018. Shareholders who purchased CMS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CMS has paid the same dividend. At the current stock price of $49.85, the dividend yield is 2.86%. The previous trading day's last sale of CMS was $49.85, representing a -3.97% decrease from the 52 week high of $51.91 and a 23.15% increase over the 52 week low of $40.48. CMS is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). CMS's current earnings per share, an indicator of a company's profitability, is $1.93. Zacks Investment Research reports CMS's forecasted earnings growth in 2018 as 7.74%, compared to an industry average of 7%. For more information on the declaration, record and payment dates, visit the CMS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CMS through an Exchange Traded Fund [ETF]? The following ETF(s) have CMS as a top-10 holding: Invesco DWA Utilities Momentum ETF ( PUI ) NuShares Enhanced Yield US Aggregate Bond ETF ( NUMV ) First Trust North American Energy Infrastructure Fund ( EMLP ) Invesco S&P 500 Low Volatility ETF ( SPLV ). The top-performing ETF of this group is PUI with an increase of 10.53% over the last 100 days. It also has the highest percent weighting of CMS at 3.79%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-11-01,27.235,27.4901,26.8491,27.0544,"[""Exelon (EXC) Posts In-Line Q3 Earnings, Tweaks Guidance Exelon Corporation 's EXC third-quarter 2018 operating earnings of 88 cents per share were on par with the Zacks Consensus Estimate. Quarterly earnings were 3.5% higher than the year-ago figure of 85 cents. The reported earnings were toward the higher end of the guided range of 80-90 cents per share. The company's year-over-year improvement in earnings was due to strong contribution from utility and power businesses. On a GAAP basis, its quarterly earnings were 76 cents per share compared with 85 cents in the year-ago quarter. Exelon Corporation Price, Consensus and EPS Surprise Exelon Corporation Price, Consensus and EPS Surprise | Exelon Corporation Quote Total Revenues Exelon's total revenues of $9,403 million surpassed the Zacks Consensus Estimate of $8,420 million by 11.7%. Quarterly revenues also improved 7.3% from $8,768 million reported in the year-ago quarter. Quarterly Highlights Exelon's total operating expenses increased 13.4% year over year to $8,252 million. The increase in expenses was due to higher operating and maintenance expenses, along with purchased power and fuel costs in the reported quarter. Interest expenses were $393 million, higher than $386 million in the year-ago quarter. Commonwealth Edison Company (ComEd) completed the installation of smart meters 3 years ahead of original schedule and that too at less than $20 million from the estimated budget. This indicates the capability of the company to efficiently execute plans. Hedges Exelon's hedging program involves safeguarding of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Sep 30, 2018 was 98-101% for 2018, 82-85% for 2019 and 48-51% for 2020. Financial Highlights Cash and cash equivalents were $1,918 million as of Sep 30, 2018, up 113.6% from Dec 31, 2017 level. Long-term debt was $34,519 million as of Sep 30, 2018, higher than $32,176 million on Dec 31, 2017. In the first nine months of 2018, the company made capital investments of $5,497 million, down from $5,556 million invested in the year-ago period. Guidance Exelon raised the lower end of its 2018 earnings per share guided range to $3.05-$3.20 from $2.90-$3.20 expected earlier. The company continues to work on its cost-saving initiatives to bring about identified total savings of more than $900 million since 2015. Zacks Rank Exelon currently has a Zacks Rank #2 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Peer Releases American Electric Power Co., Inc. AEP reported third-quarter 2018 adjusted earnings per share of $1.25, beating the Zacks Consensus Estimate of $1.23 by 1.63%. NextEra Energy, Inc. NEE reported third-quarter 2018 adjusted earnings of $2.18 per share, which beat the Zacks Consensus Estimate of $2.17 by 0.46%. FirstEnergy Corporation FE reported third-quarter 2018 operating earnings of 80 cents per share, beating the Zacks Consensus Estimate of 73 cents by 9.59%. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NextEra Energy, Inc. (NEE): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report FirstEnergy Corporation (FE): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp (EXC) Q3 2018 Earnings Conference Call Transcript Exelon Corp (NYSE: EXC) Q3 2018 Earnings Conference Call Nov. 01, 2018 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, ladies and gentlemen. Welcome to the Exelon 2018 Third Quarter Earnings Conference Call. My name is Jerome and I will be facilitating the audio portion of today's interactive broadcast. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. (Operator Instructions) At this time, I would like to turn the show over to Mr. Dan Eggers, Senior Vice President, Corporate Finance. The floor is yours. Daniel Eggers -- Senior Vice President, Corporate Finance Thank you, Jerome. Good morning everyone and thank you for joining our third quarter 2018 earnings conference call. With me in the call today are Chris Crane, Exelon's President and Chief Executive Officer; and Joe Nigro, Exelon's Chief Financial Officer. They are joined by other members of Exelon's senior management team who will be available to answer your questions following our prepared remarks. We issued our earnings release this morning along with the presentation both of which can be found in the Investor Relations section of Exelon's website. The earnings release and other matters which we discuss during today's call contain forward-looking statements and estimates that are subject to various risks and uncertainties. Actual results could differ from our forward-looking statements based on factors and assumptions discussed in today's material and comments made during this call. Please refer to today's 8-K and Exelon's other SEC filings for discussions of risk factors and factors that may cause results to differ from management's projections, forecasts and expectations. Today's presentation also references to adjusted operating earnings and other non-GAAP measures. Please refer to the information contained in the appendix of our presentation and our earnings release for reconciliations between the non-GAAP measures and the nearest equivalent GAAP measures. We've scheduled 45 minutes for today's call. I'll now turn the call over to Chris Crane, Exelon's CEO. Christopher Crane -- President and Chief Executive Officer Thanks, Dan, and good morning everyone and thank you for joining us. Flipping to Slide 5, we delivered another strong quarter with earnings again at the upper end of our range which allows us to raise the lower end of our full year guidance. The utilities performed well with strong earned ROEs and largely first quartile operations. As we've stated previously, the Federal Courts of Appeal in Illinois and New York strongly affirmed the legality of the ZEC. And our focus on cost continues identifying an additional $200 million of gross savings which a $150 million of that will flow to the bottom line bringing our 6-year total savings to more than $900 million. Combined, this performance demonstrates our growing value. For the quarter, on a GAAP basis, we earned $0.76 per share versus $0.85 per share last year. On a non-GAAP operating basis, we earned $0.88 per share and again above the midpoint of our $0.80 to $0.90 range guidance that was provided. Turning to Slide 6, our utilities continue to perform at high levels across key customer satisfaction and operating metrics. The investments we are making in technology and infrastructure continue to improve reliability which leads to greater customer satisfaction and ultimately supporting strong relations with our regulators and our legislators. PECO and BGE improved their J.D. Power residential gas and electric scores over the last year with PECO receiving its highest ranking ever, placing second in the residential electric survey. Our customer service metrics are strong. BGE and ComEd are in the top decile for customer satisfaction and PHI is in top decile for its service levels. Each of our utilities achieved top quartile reliability performance in SAIFI or outage duration in CAIDI which is -- the outage frequency is SAIFI and CAIDI which is outage duration. ComEd and PHI performed in top decile for CAIDI. SAIFI, as we've discussed in the past is our highest priority, it remains that. Our metrics have continued to -- and improved since the beginning of the year. At ExGen our third quarter was 90 -- excuse me 39.7 terawatt hours of capacity factor at 93.6%. During the fourth hottest summer in nearly 125 years, we performed a 96.7% capacity factor and avoided 33 metric tons of carbon. Our gas and hydro fleet performed well but below plan with economic dispatch match at 95.8%. This lower performance was primarily the results of our CCGTs at Colorado Bend and Wolf Hollow being offline because of some turbine blade defects. The blades have been replaced, Wolf Hollow came back into service in late September, one of the Colorado Bend units returned to service in October and the other will be back into service shortly. It's in the process of restart as we speak. We took advantage of the outage time for normal maintenance that will be required to have then shut down for next spring. From a financial (Technical Difficulty) repairs we're covering under our warranty and the markets impact from the plants being down were well within our full range outage contingency plan. The plans ran very well over the summer prior to the outages and we're very pleased with the performance of the design and their durability. They remain an integral part of our Texas strategy. Turning to Slide 7. As you know, we've had strong track record of finding efficiencies in the business and driving cost savings which is why we created the business transformation team earlier this year to focus on a Business Services company. As part of that effort with additional savings from our nuclear fleet, we're announcing a $200 million reduction to our run rate -- 2021 cost of which $150 million will reach the bottom line at ExGen. Joe is going to cover this in more detail during his remarks. I'll turn it now to the policy updates for the quarter and start with the ZEC programs. As I said, both the seventh and the second Court of Appeals dismissed challenges to the ZEC programs in Illinois and New York respectively. In doing so, each court found that the states have the right to choose generation sources based on attributes they prefer such as environmental performance and that these programs are not tethered to the market. The plan to start rehearing in Illinois in this case which the court denied last month, the rulings were consistent with our expectations and we're happy with the resounding information on these important state clean energy policies. In New Jersey, the process for implementation of the ZEC program there remains on track to take effect early in the second quarter of 2019. The Board of Public Utilities has finished its hearings on implementation to ZEC program and the utilities have filed tariffs to recover the ZEC-related charges. We expect BPU to approve the changes later this month. On the federal policy front, we think that FERC's June order took an important step forward by empowering the states to continue prioritizing zero carbon energy throughout the state-led procurements outside of the PJM capacity module. The number of proposals were filed in response to the order including from a diverse coalition of which Exelon is a member and PJM. We see all of the major proposals is putting our generation fleet in a better position financially than the current market construct. We are pleased to have filed this part of a coalition and supports the rights of states to advance their clean energy goals. Slide 22 gives a lot more detail on the coalition, but it includes consumer rate payer advocates, attorney generals, national environmental groups, renewable energy trade associations, public power and the other nuclear generators in PJM. Our proposal would provide states the flexibility to conduct the capacity procurement of resources they wish to support for the public policy reasons and would protect consumers for paying twice the capacity resources. It strikes the balance that FERC is looking for to ensure states can meet their environmental goals while protecting the competitive market. Reply of the comments are due November 6 and it will be important for FERC to issue an order early next year to give the markets guidance going forward. As you know, we are still waiting for orders from FERC on the fast start and resiliency examination. And with that, now I'll turn it over to Joe to walk through the numbers. Joseph Nigro -- Chief Financial Officer Thank you, Chris, and good morning everyone. Turning to Slide 8, we had another strong quarter financially, delivering adjusted non-GAAP operating earnings of $0.88 per share which is at the upper end of our guidance range of $0.80 to $0.90 per share. Exelon's utilities less holding company expenses earned a combined $0.55 per share. Compared to our plans, we benefited from reduced storm activity and favorable weather in our non-decoupled jurisdictions including PECO, Atlantic City Electric and Delmarva Delaware. Generation earned $0.33 per share in the third quarter which was slightly behind our plan. This third quarter was impacted by lower realized ERCOT prices versus the end of the second quarter, lower-than-expected generation performance with the unplanned outages at our ERCOT CCGTs as just discussed as well as one at (inaudible). In addition, higher allocated transmission costs. These were partially offset by realized gains from our Nuclear Decommissioning Trust. On Slide 9, we show our quarter-over-quarter walk. The $0.88 per share in the third quarter of this year was $0.03 per share higher than the third quarter of 2017. Overall, the utility earnings were collectively up $0.07 (ph) per share compared with last year driven primarily by higher rate base, new rates associated with completed rate cases and favorable weather. Generation earnings were down $0.03 per share compared with last year driven largely by the absence of EGTP gross margin from the deconsolidation in the fourth quarter of 2017 and higher planned nuclear outage days partially offset by contribution from a full quarter of Illinois ZEC revenues and savings from tax reform. Turning to Slide 10. We are raising the lower end of our 2018 EPS guidance range from $2.90 to $3.20 per share to $3.05 to $3.20 per share. We are pleased with the strong operational results at both the utility and generation businesses that are pushing us up into the upper half of our range particularly as we have overcome unexpected headwinds including the challenging winter storms. Moving to Slide 11. Improved operations at PHI and positive rate case outcomes are driving better earned ROEs. Pepco's higher ROE reflects last fall's distribution rate cases as well as the recent Pepco Maryland and DC settlement that took effect in June and August respectively. Delmarva's earned ROEs includes the benefits of internal rate which came effective during the first quarter with final rates for Delmarva Electric effective September 1 and favorable weather at Delmarva Delaware during the quarter. At Atlantic City Electric we saw higher earnings from last fall's rate case settlement as well as favorable weather during the quarter which improves 12-month trailing ROEs significantly from last quarter. As we have previously discussed, trailing 12-month ROEs for all of our PHI utilities should continue to improve next quarter as the FAS 109 charges from the fourth quarter of 2017 drop out of the calculation. For the legacy Exelon utility, our earned ROEs remained over 10% were modestly dipped from last quarter. Our overall earned ROEs for Exelon utility were modestly higher than last quarter at 9.6%, well within our earned ROE target of 9% to 10% that underlines our earnings outlook for 2019 and beyond. We are pleased with our overall utility performance but have plans for continued improvement to bring PHI closer to the rest of our utility. Turning to Slide 12. We remain busy on the regulatory front. On October 18, the Administrative Law Judge is presiding over PECO's electric distribution base rate case recommended the settlement with all parties be approved. The deal provides for an increase of $96 million in annual electric distribution revenues offset by $71 million in tax savings benefits for customers for a net $25 million revenue increase. We expect to receive an order in the fourth quarter. On August 9, the DC Commission approved the settlement that was reached in April based on a $24.1 million revenue reduction after incorporating tax reform. Rate 22 effect on August 13. A final order which received on August 21 for the settlement, we reached in June on the Delaware Delmarva electric distribution case. The case will provide a $7 million revenue decrease including the benefit to tax reform for customers. On September 7, Delmarva Delaware entered into a settlement agreement in pending gas distribution base rate case that provides for revenue decrease of $3.5 million including tax benefits for customers. A final order is expected in the fourth quarter. We also have a number of rate cases still in progress. We expect an order for BGE's pending gas rate case in January of 2019. As a reminder, the case includes the requested $60.7 million increase to its gas revenues for infrastructure investments since 2015 and moving $21.7 million in revenue currently being recovered via the STRIDE surcharge in the base rate. We expect to receive an order from the Illinois Commerce Commission on ComEd's standard formula rate case in the fourth quarter. And finally, on August 21, the Atlantic City Electric filed a distribution base rate case with the New Jersey Board of Public Utilities seeking a revenue increase of $109 million and we expect an order in the second half of 2019. The utilities and the regulatory teams are doing a lot of hard work to improve system reliability and performance for our customers and fostering its support of regulatory backdrop. That in turn is helping to lift earned ROEs toward their allocated levels across the acquired new settlement payments. More detail on the rate cases and their schedules can be found on Slides 24 through 30 in the Appendix. Turning to Slide 13. We invested $1.4 billion of capital at the utilities during the third quarter and are at $3.9 billion year-to-date. We remain confident in our ability to meet our $5.5 billion capital budget for 2018. This quarter, I would like to feature two projects within our portfolio of utility investments. The first is the early completion of ComEd's $920 million smart meter installation program. ComEd installed more than $4 million smart meters in just over 7 years which is 3 years ahead of the original schedule and more than $20 million under budget. To help put this program into context, our ComEd team installed on average 2,400 smart meters per day over that 7-year span. In fact, one of our workers personally installed over 25,000 meters as part of this program. The installation of smart meters on the ComEd system will allow customers to be better informed about their energy consumption that can help them save money and will allow ComEd to further improve its service offerings. In addition, it drives over $100 million of annual operational savings primarily from increased efficiencies in field operations such as meter reading and avoided truck rolls. The smart meter installation program is part of the $2.6 billion Energy Infrastructure Modernization Act program. The second project I want to highlight is Atlantic City Electric's Churchtown substation expansion project in Pennsville, New Jersey. This $50 million project entailed equipment upgrades for reliability and 230, 138 and 69 kV expansion for additional transmission capacity. Construction also included installation of 2.1 miles of transmission line consisting of 59 new structures. The expansion improves reliability for our customers by replacing and upgrading outdated equipment and by expanding regional transmission capacity which has the benefits of reducing congestion to our customers. Turning to Slide 14. Relative to our last update, total gross margin was flat in 2018 and up $50 million in both 2019 and 2020, primarily as a result of higher power prices. For 2018, open gross margin was up $100 million primarily due to higher NiHub PJM West Hub and New York Zone A prices, and offset by weakening in our ERCOT spark spreads. Total gross margin is offset by lower mark-to-market of our hedging due to the higher power prices. For 2019 and 2020 open gross margin was up $250 million and $100 million respectively due to higher PJM West Hub prices and stronger ERCOT spark spreads. In 2019, open gross margin was also up on higher NiHub and New York Zone A prices. Similar to 2018, the mark-to-market of our hedges is down both in '19 and '20 due to higher prices. We also executed $50 million of Power New Business in both 2018 and 2019 and executed $50 million of Non Power New Business each year. From a hedging perspective, we ended the quarter in line with our ratable hedging programs in 2018 a 9% to 12% behind ratable in 2019 and 8% to 11% behind ratable in 2020 when considering cross commodity hedges where we have increased our concentration. Turning to Slide 15. As Chris mentioned, we are announcing another round of O&M cost reductions as part of our continual efforts to evaluate our work passages looking for ways to be more efficient, eliminate redundancies and better incorporate innovation and technology. With this new program, our gross run rate savings in '21 will be $200 million which we will ramp up over the next two years. These incremental savings will come from our Exelon Generation business primarily through even greater efficiencies in our nuclear operations and at the Business Services Company or BSC which is part of the transformation efforts that Jack is leading. The $200 million of savings is a gross number with about half from ExGen and half from the BSC organization. And since BSC costs are shared roughly 50-50 between Exelon Generation and Exelon Utility we would expect our utility customers to benefit from $50 million in annual savings over time with the other $50 million flowing through Exelon Generation bottom line. When we include the $50 million of incremental direct savings at ExGen, we expect $150 million of savings to flow to our bottom line in 2021 relative to our previous guidance which we show on the lower left chart. Exelon continues to embrace a culture of cost discipline and operational excellence. These cost updates are consistent with these cultural values. If we look at all the cost savings announced since 2015, we have now reduced O&M by over $900 million. It's due to hard work of all of our employees who strive every day to run the company more efficiently while adhering to our commitments to safety, reliability and community stewardship. Turning to Slide 16. We remain committed to our strong balance sheet and investment-grade credit rating. And to that end, since our last earnings call, S&P has placed our ratings at ExGen and Exelon Corporate on CreditWatch positive recognizing the improvements and overall strength of our balance sheet. Turning to the metrics. Our consolidated corporate credit metrics remain above our target ranges and meaningfully above S&P thresholds. We are forecasting ExGen's leverage to be 2.5 times debt to EBITDA at year-end 2018 which is below our long-term target of 3.0 times. On a recourse debt basis we are at 2.0 times which is well below our target range. We will continue to manage our balance sheet at ExGen over time to the 3.0 times debt-to-EBITDA level, so look for us to focus on debt reduction at both the Holdco and GenCo. I will now turn the call back to Chris. Thank you. Christopher Crane -- President and Chief Executive Officer Thanks, Joe. Turning to Slide 17. As we have shown you, we had a strong quarter financially and operationally. We continue to get stronger on both fronts. This is due to the hard work and dedication of all of our employees every day. We also had important wins in the course to preserve the ZEC program and are finding ways to operate more efficiently providing incremental cost savings as discussed. Our value proposition remains unchanged. We're focused on growing our utilities targeting a 6% to 8% EPS growth through 2021. We continue to use free cash flow from the GenCo to fund incremental equity needs at the utilities, pay down debt over the next four years at the GenCo and HoldCo and fund part of the faster dividend growth rate. We will stay focused on optimizing value at the ExGen by seeking fair compensation for our carbon-free generation fleet, supporting proper price formation in PJM and resiliency efforts at FERC and supporting capacity market reforms that will allow states to continue to protect citizens from carbon and air pollution while benefiting from regional markets. We will close uneconomic and sell assets where it does not make sense to accelerate our debt reduction plans and maximize value through generation to the load matching strategy. We continue to sustain strong investment-grade credit metrics and grow our dividend consistently at 5% through 2020. Operator, now we can take -- open to the call up for questions. Thank you. Questions and Answers: Operator (Operator Instructions) Your first question comes from the line of Greg Gordon from Evercore. Greg, your line is now open. Greg Gordon -- Evercore ISI -- Analyst Thanks. Good morning, guys. A couple of questions. First on the quarter. Everything seems really good on the utility side, the underlying operations at the GenCo look decent too. But it was a little squishy around some of those operational issues. Can you just talk us through that and get us comfortable that they're sort of temporal and not structural? Christopher Crane -- President and Chief Executive Officer Are you talking about the operational issues around the GenCo or in the sub power segment? Greg Gordon -- Evercore ISI -- Analyst Yes. In Texas the interruption and in Massachusetts the higher FTR costs, so I just want to make sure we can be comfortable that they're not going to sort of run out into the future and impact your ability to future numbers. Christopher Crane -- President and Chief Executive Officer Let me start out with the Texas assets so I'll let Joe fill in on the rest of it. Those GE7HA.20, these were the first serial numbers 1 and 2. We were aware as GE was that there was some difficulty with the first-stage blades. We had approximated a run period that we could operate the assets before putting in the fix. The fix was already under way and then designed. GE did give us very strong warranties on those assets and responded very well on the first failure on the one CT at Colorado Bend. We proactively shut the other three CTs down, replaced them with the new design, had them back up and running. And as I said, we expect, we're in the rollout phase now and the start-up phase of the fourth unit and we feel confident in the design. GE has put us inspection program together that will be borescoping after so many hours of operation. They've responded well, the solid engineering confirmed by independent assessment. So we feel that that is behind us. And we'll be able to continue those assets to operate at incredibly high capacity factors and efficiencies going forward. On the FTRs and the other issues, I'll let Joe cover it. Joseph Nigro -- Chief Financial Officer Yeah. So, Greg I think the first thing is as Chris mentioned the generation issues drove some of the underperformance at ExGen. In addition to that, when you looked at power pressures in Texas at the end of June and where they realized for the quarter, there was an impact with the difference there. As you know, the spot market prices were lower than when we walked into the quarter. On the transmission side, the costs were associated with Order 494 at FERC and that had a negative impact. So from our lens, when you talk about the Generation performance both at Mystic and at ERCOT, those are one-time occurrences similarly on the transmission side. The favorability was driven on the realized nuclear decommissioning trust gains. So I think when you look at it from our lens, you see these one-time items that are driving the early results. Greg Gordon -- Evercore ISI -- Analyst Great. Thanks. One follow up on ExGen and then one more if you'll hear me. Looking at the cost cuts, it's really quite an impressive incremental change. You've got the cost declining from $4.625 billion to $4.175 billion in 2020 and a little bit more in 2021, $450 million savings but that gross margins declined by $700 million. And so skeptical investors look at this and say well you guys are doing yeoman's job here, rightsizing the cost structure but earnings aren't getting better. I would argue that cost cuts are permanent and these backwardated power prices are hopefully temporary. But can you give us some confidence that there's positive operating leverage here as we move through time and that these lower commodity prices and capacity prices are not structural? Christopher Crane -- President and Chief Executive Officer We talked about this before that we lack liquidity in the outyears. It's a softer market. Our fundamentals still tell us that this backwardated curve is not what we'll see as the prompt years come in. And so we're managing the book in that manner maintaining as much margin open and using cross-commodity hedges to be able to manage that. It's -- we will constantly look at driving efficiencies. You can't have a company that operate with any aspect or entity within the company being inefficient. So driving efficiencies has multiple benefits but one of them is reduction in expense and we'll continue to focus on that as we serve the customer. As far as the market issues, Jim or Joe do you want to cover anymore on that? James McHugh -- Executive Vice President and Chief Executive Officer of Costellation Yeah, I think, the one thing I would add about the backwardation of the curve is with the next couple of years or in '25 and '24 due to lack of liquidity we're seeing net retirements of newbuilds over the next few years between '20 and '23 that that would lead us to believe that backwardation won't realize in spot. We're seeing spot prices in NiHub even in some of the lowest delivered fuel price here is clear north of $26, $27. So the backwardation to your point, it seems temporal, Greg. Greg Gordon -- Evercore ISI -- Analyst Okay. And then final question is given that the balance sheet is so strong and that the rating agencies are finally coming around considering higher credit ratings. How much balance sheet capacity does that create and/or does it give you more latitude to have a more aggressive risk management policy and take hedge less and take more of your power into the spot and therefore try to get those better prices? Joseph Nigro -- Chief Financial Officer Hey, Greg, it's Joe. The short answer is with that balance sheet capacity, we can be more aggressive. And as I mentioned in my remarks when you look at how far behind we are of our ratable plan and when you overlay that fact that we're using gases approximately for power we are carrying a very long open-power positioning in 2019 and 2020, and then we're able to do that given the strength of the balance sheet that we have. We continue to challenge ourselves in this regard as well. And as Jim mentioned on our use of power, we're going to continue to be constructive in the way we manage the portfolio relative to what we think fair value is in the outyears and not leverage on the balance sheet allows us to do that. Greg Gordon -- Evercore ISI -- Analyst Thank you guys. Christopher Crane -- President and Chief Executive Officer Thanks, Greg. Operator Thank you, Greg. Your next question comes from the line of Julien Dumoulin-Smith from Bank of America. Julien, your line is now open. Julien Dumoulin-Smith -- Bank of America Merrill Lynch -- Analyst Hey, good morning everyone. Christopher Crane -- President and Chief Executive Officer Good morning. How you doing? Julien Dumoulin-Smith -- Bank of America Merrill Lynch -- Analyst Good. Excellent. So I wanted to follow a little bit up on the utility activities. Obviously good progress at PHI yet again. But I wanted to elaborate a little bit further on this. Obviously the cost reductions of say $50 million-ish accrued of the utilities, how does that play out in terms again increasing your ROE right? I gather the bulk of that would be moving back to customers over time although clearly you're underearning relative to authorized level still. And then in tandem with that question if you could elaborate a little bit more on sort of the initial utility CapEx planning. Certainly this is a growing discussion of the legislation in Illinois as well as a litany of other smaller programs I think you've already alluded to a little bit elsewhere across your utility system. Christopher Crane -- President and Chief Executive Officer I'll let Anne to take that. Anne Pramaggiore -- Senior Executive Vice President and Chief Executive Officer, Exelon Utilities Sure. Good morning, Julien. So a couple of responses to your questions. As we think about moving forward, obviously we're going to blend the $50 million into the LRP over time. It's not the sitting there right now but we'll look at that as we do the next LRP iteration. And certainly our focus on O&M is to be flat to declining at the utilities and that's the goal as we move forward to manage back side of the equation. As we think about what we're doing on ROEs and sort of developing that at the PHI utilities and the other utilities, the first thing we're doing is looking at how -- we're filing annually, how do we reduce lag? One of the ways is as we're filing annually, we've got to stay up provision at DPL until 2020. But with the rest of the utilities, we'll be filing annually, we're looking at other mechanisms to reduce lag riders. We've got the Stride (ph) rider in Maryland Disc (ph) rider in Delaware and the IIT (ph) rider in New Jersey that we're looking to placed about $358 million of capital investment in right now. Interim rates at New Jersey is helping us close that lag gap. And we're looking at multiyear rate plan in DC. We've been invited to make that filing and we'll be doing that shortly. So just got an outright provision at PECO authority for the commission to look at that, so that's something we'll be looking at going forward. So those are all the ways we're looking to close in on that ROE number. Obviously looking at, lag is our biggest sort of earn to allow gap but also looking at other disallowances too. But really trying to tighten up on the lag. So that's how we're thinking about on the ROE going forward. On the capital side, the question that you asked we've got -- we look at $5 billion a year a little bit plus north of that going forward for the foreseeable future. We have continuing modernization work at the utilities. PECO for the 12 kV conversions were closer work. At ComEd we've got the FEJA, voltage optimization work that's about $500 million right there. BG&E has got big gas investment and PHI has got of a lot of material condition work, manhole refurbishment substation rebuilds, that sort of thing. We've got $1.5 billion in our gas program over the next LRP period. We've got close to $1 billion in security programs across the utilities over the LRP. So there's a lot of work to do. We always, always book ended with questions of affordability and that's why we stay tied on O&M. And we look at energy efficiency programs to give customers the ability to reduce usage and manage bills more tightly. And so we're always looking at the affordability side of it and our utilities fits pretty nicely when you look at the national average on percentage of income or percentage of proportion of bill to income. We're pretty good we'll below the national average on four and we're right at the national average on the other two bills. Julien Dumoulin-Smith -- Bank of America Merrill Lynch -- Analyst Got a quick clarification as a follow-up here on PJM. I know -- I appreciate your comments at the outset. Just timing-related how you -- how do you see this going down with respect to A getting an approval out of FERC? But then B, actually implementing a MOPR, just real quickly if you can. Kathleen Barron -- Senior Vice President of Governmental & Regulatory Affairs & Public Policy Hi, Julien, this is Kathleen. I can take that question. As you know, reflect how much are going into FERC on November 6 with the expectation that the commission would address the paper hearing sometime in the January time frame. I think the commission is well aware that the market is looking for guidance as Chris said on what the rules are going to be going forward. And importantly the states need to know what changes that they need to make to their clean energy policies to accommodate the new rules coming out of FERC. So we will look to them to provide that guidance in the January time frame. As you know we've delayed the auction until August to give states some time to react. Not just your question was specific to MOPR, but important for us is the ability of states to carve out the asset base they wish to support and to procure them directly to a state-led procurement. That is going to be an important change that we're looking for FERC to make in this next order based on the record in front of them, as an overwhelming amount of support from all partners (ph) of the stakeholder community and the states to put that change into the tariff and to give states that option going forward to continue to support the clean generation that will help them achieve their carbon reduction goals. Julien Dumoulin-Smith -- Bank of America Merrill Lynch -- Analyst So you don't see an issue with respect to getting clarity out of the states in time? Kathleen Barron -- Senior Vice President of Governmental & Regulatory Affairs & Public Policy Obviously the states have different structures that they'll need to examine. And some may be able to use existing structures, some may need to adopt new structures including through legislation. So there will be a -- in the states where there's a need for legislation a premium on moving quickly. Now that being said, I think it's also incumbent on FERC to take that into account and to make sure that they have adequate time before the rules change in the tariff. Julien Dumoulin-Smith -- Bank of America Merrill Lynch -- Analyst Great. Thank you. Operator Thank you, Julien. Your next question comes from the line of Steve Fleishman from Wolfe Research. Steve, your line is now open. Steve Fleishman -- Wolfe Research -- Analyst Thank you. I'll actually just ask one question. The PJM from the standpoint of not -- obviously you have different stakeholders in lot of areas, states, customers, investors, et cetera. Just from an investor standpoint and not everyone else do you see the changes as proposed? Or as you would like to see them being kind of good for shareholders neutral? How should we think of it just from an investor standpoint? Christopher Crane -- President and Chief Executive Officer No we definitely see this as a positive to create clarity and a more rewarding market going forward. We've lacked the clarity because we've isolated at times on programs. I think this is where we'll be able to create clarity, capital allotment, allocation will be much clear on where we'll be putting capital and what units we'll be operating and what units will be operating. And so -- but we see this as definitely a benefit to the markets, which will be a benefit to the consumer, which will be a benefit to the shareholder. Steve Fleishman -- Wolfe Research -- Analyst Okay. Thank you. Operator Thank you, Steve. Your next question comes from the line of Michael Weinstein from Credit Suisse. Michael, your line is now open. Michael Weinstein -- Credit Suisse -- Analyst Hi, guys, thanks for taking my questions. Two quick questions. The first one is do you think that the uncertainties surrounding FERC and surrounding new rules for capacity and energy. Do you think also (ph) uncertainty is delaying newbuild or new start construction plans if this is going to have an effect on tightening the market going over the next year or two? And then the second question I'll just ask it right now. Is -- Public Service Enterprise Group just announced that they're pulling out of the retail business. Is this a potential opportunity for Constellation? Christopher Crane -- President and Chief Executive Officer First question, newbuilds are driven based on market needs and economics. And unless we get the economics to support new asset entry, you're going to see what we see in the last couple of years the decline. Then we have to see what comes out of the resiliency review on how the market values different sources of firm fixed fuel. So there'll be an evolution before we'll see a real opening or a market response to the demand need for assets or investments to be made to come in. It's basic economics right now. The market is barely supporting the assets that are operating today so why would you invest in two new assets when you're not going to get a recovery or return on your capital. James McHugh -- Executive Vice President and Chief Executive Officer of Costellation Hi, Michael, it's Jim McHugh. I can speak to the retail question. I think with the announcement of folks leaving or coming into the retail market, we're always on top of that and looking for opportunities to look for value and acquire books of business. In this case, I think if you take as noted that they're going to supply their contracts as they roll off. We'll obviously be there to serve customers as the No. 1 C&I customer and the No. 2 resi customer in the country to look for the business as they roll off. I think for us we have that scale. We've developed that scale over the years through acquisitions and organic growth and our platform is very capable of acquiring new customers and retaining existing customers pretty easily. We've been having lots of success also just finding new products and solutions for customers in both residential space and C&I space. So we'll keep taking advantage of those opportunities that are in front of us. Michael Weinstein -- Credit Suisse -- Analyst Great. Thank you very much. Operator Thank you, Michael. Your next question comes from the line of Jonathan Arnold from Deutsche Bank. Jonathan, your line is now open. Jonathan Arnold -- Deutsche Bank -- Analyst Good morning, guys. Christopher Crane -- President and Chief Executive Officer Hi, Jon. Jonathan Arnold -- Deutsche Bank -- Analyst Just to stickup on the discussion around the states legislation and potentially not leaving legislation. Kathleen, I heard your comments that there could be different answers depending on which state you're talking about. But is it fair to say where you sit today that you think Illinois would have to legislate? And then I'm curious what you think about the state of play in New Jersey? Kathleen Barron -- Senior Vice President of Governmental & Regulatory Affairs & Public Policy No, you're correct Jonathan. I agree with your assessment in Illinois. There will be a need for legislation to adjust to the change in rules. And I think a positive for us is that we are seeing not just here but across the country a growing sentiment among environmental groups and policymakers that the fastest and cheapest tap to decarbonizing is a policy that uses all zero carbon resources. And so, to the extent, states want to act to increase their clear energy ambition. We would be expected -- we would expect that all assets including ours would be able to participate in that type of a policy. And FERC allowing the states to go ahead and procure clean capacity directly allows them to do so in a way that's going to be able to keep cost down for customers and achieve the clean energy goals at the same time. So we would look to that kind of structure to the extent that FERC puts this carve-out in the tariffs in Illinois. In New Jersey, given the way that the state law is written there and the authority at the BPU level to do a capacity procurement to the existing BGS structure there would not need -- there would not be a need for incremental legislation to allow that state's procurement effects (ph) to flow through the BGS. So that's why I said I think the answer is different depending on which jurisdiction you're in. Jonathan Arnold -- Deutsche Bank -- Analyst Okay, great. I'm just willing to see if you provide that on the individual state, so thank you. Could I just have one quick follow up on the cost savings? You've obviously laid out how you expect them to be timed the Q3 '18 cost reductions. Can you remind us how much of the $250 million you've announced last year was flowing into ExGen? And maybe was sort of the sequencing in there in terms of how those ramp up as we try to unravel the numbers on, I guess in Slide 15? Christopher Crane -- President and Chief Executive Officer Yeah. That is in the numbers. I think we're looking for the page. Now Joe has got it. Joseph Nigro -- Chief Financial Officer The $250 million last year all of it is flowing into ExGen. The reductions were taken at ExGen across the platform nuclear constellation and our fossil fuels. Jonathan Arnold -- Deutsche Bank -- Analyst And the timing Joe, is it kind of across the period out into 2020? Or is most of it kind of already there in '19? Joseph Nigro -- Chief Financial Officer '19 -- 2019 you'll get to run rate year. Jonathan Arnold -- Deutsche Bank -- Analyst Okay. All right. Thanks for that. Operator Thank you, Jonathan. That concludes the question-and-answer session of today's webcast. I'll hand the call over back to Mr. Chris Crane, CEO of Exelon Corporation. Christopher Crane -- President and Chief Executive Officer Thanks again everybody for joining. Thanks for the questions, hopefully we covered everything. Any other concerns, please get a hold of IR, myself and I would be glad to continue to discuss them. But thanks to the team, all the 34,000 plus employees at Exelon for delivering another strong quarter and talk to you soon. Thanks. Bye. Operator Thank you. And that concludes today's webcast. Thank you all for participating. You may now disconnect. Duration: 48 minutes Call participants: Daniel Eggers -- Senior Vice President, Corporate Finance Christopher Crane -- President and Chief Executive Officer Joseph Nigro -- Chief Financial Officer Greg Gordon -- Evercore ISI -- Analyst James McHugh -- Executive Vice President and Chief Executive Officer of Costellation Julien Dumoulin-Smith -- Bank of America Merrill Lynch -- Analyst Anne Pramaggiore -- Senior Executive Vice President and Chief Executive Officer, Exelon Utilities Kathleen Barron -- Senior Vice President of Governmental & Regulatory Affairs & Public Policy Steve Fleishman -- Wolfe Research -- Analyst Michael Weinstein -- Credit Suisse -- Analyst Jonathan Arnold -- Deutsche Bank -- Analyst More EXC analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see ourTerms and Conditionsfor additional details, including our Obligatory Capitalized Disclaimers of Liability. 10 stocks we like better than Exelon When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Exelon wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of August 6, 2018 Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-11-02,27.1725,27.2722,26.6644,26.8999,"Eversource's (ES) Earnings and Revenues Beat Estimates in Q3 Eversource EnergyES delivered third-quarter 2018 operating earnings of 93 cents per share, surpassing the Zacks Consensus Estimate of 88 cents by 5.7%. The bottom line also improved 13.4% year over year. GAAP earnings in the reported quarter were 91 cents compared with 82 cents in the year-ago quarter. The difference between GAAP and operating earnings in the reported quarter was due to an impairment charge of 8 cents relating to the company's investment in the proposed Access Northeast natural gas pipeline project, along with non-recurring tax benefits of 6 cents related to federal and state tax law changes. Total Revenues Eversource's third-quarter revenues of $2,271.4 million topped the Zacks Consensus Estimate of $1,968 million by 15.4% and also improved 14.2% from the year-ago figure of $1,988.5 million. Highlights of the Release In the reported quarter, electric distribution increased 8.7% year over year to 15,316 Gwh. Operating expenses increased nearly 20.9% year over year to $1,805.4 million, primarily owing to higher expenses from purchased power, fuel and transmission, plus operation and maintenance costs. Operating income was down 5.9% to $466.3 million while interest expenses were up 15.2% year over year to $125.2 million. Net income in the quarter under review was $289.4 million, up 11.1% from the year-ago level. Eversource Energy Price, Consensus and EPS Surprise Eversource Energy Price, Consensus and EPS Surprise | Eversource Energy Quote Segmental Performance Electric Distribution : Earnings from this segment were up 10.4% to $173.8 million. The upside was primarily attributable to higher distribution margins. Electric Transmission : The bottom line of the segment increased 10.6% year over year to $109.5 million. The upside was primarily attributable to higher level of investment in Eversource's electric transmission system. Natural Gas Distribution : This segment recorded a loss of $12.6 million compared with $6.2 million in the year-ago quarter. The segment's unimpressive third-quarter results were primarily due to higher operation and maintenance expenses. Water Distribution : Eversource's water distribution segment, created after the company acquired Aquarion Water Company in December 2017, earned $17.6 million in third-quarter 2018. Eversource Parent & Other Companie s: The segment earned $1.1 million compared with the year-ago quarter's earnings of $10.2 million. Financial Highlights As of Sep 30, 2018, the company's cash was $59.1 million, up from $38.2 million on Dec 31, 2017. Its long-term debt was $12.15 billion as of the same date, up from $11.77 billion on Dec 31, 2017. Cash provided during the first nine months of 2018 in operating activities was $1.40 billion compared with $1.47 billion in the year-ago period. Guidance Eversource reaffirmed its 2018 earnings guidance in the range of $3.20-$3.30. Long-term earnings growth of the company is projected in the 5-7% band. Zacks Rank Eversource currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Other Releases Dominion Energy Inc. D reported third-quarter 2018 operating earnings of $1.15 per share, beating the Zacks Consensus Estimate of $1.11 by 3.6%. Exelon Corporation's EXC third-quarter 2018 operating earnings of 88 cents per share were on par with the Zacks Consensus Estimate. NextEra Energy, Inc. NEE reported third-quarter 2018 adjusted earnings of $2.18 per share, which beat the Zacks Consensus Estimate of $2.17 by 0.46%. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report Eversource Energy (ES): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-11-05,27.1657,27.5877,26.9986,27.3816,
EXC,2018-11-06,27.408,27.4959,27.0797,27.4637,
EXC,2018-11-07,27.5945,27.7724,27.3601,27.6864,"Retail Unit Helps Southern Company (SO) Beat Q3 Earnings Power supplier Southern CompanySO reported third-quarter 2018 earnings per share (excluding certain one-time items) of $1.14, above the Zacks Consensus Estimate of $1.07 and the year-ago profit of $1.12. The outperformance stemmed from favorable regulatory results and strength of its retail unit. These positives were partly offset by decrease in revenue from the wholesale segment. The Atlanta-based utility's quarterly revenue - at $6.2 billion - came marginally lower than the third-quarter 2017 sales but beat the Zacks Consensus Estimate of $6 billion. Southern Company (The) Price, Consensus and EPS Surprise Southern Company (The) Price, Consensus and EPS Surprise | Southern Company (The) Quote Overall Sales Breakup While Southern Company's wholesale power sales decreased 3.8%, this was more than offset by the strength in retail electricity demand amid favorable weather conditions and constructive regulatory results. Consequently, there was an upward movement in overall electricity sales and usage. In fact, total electricity sales during the third quarter was up 2.1% from the same period last year. Southern Company's total retail sales improved 3.9%, with residential, industrial and commercial sales going up by 6.2%, 2.4% and 3.2%, respectively. Expenses Summary The power supplier's operations and maintenance cost increased 4.7% to $1.4 billion but the utility's total operating expense for the period - at $4 billion - was down 5.3% from the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corp. EXC and Duke Energy Corp. DUK - currently retains a Zacks Rank #2 (Buy). Apart from Southern Company, one can also look at another player in the space - Ameren Corp. AEE that sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Ameren boasts of an excellent earnings surprise history. It has a 100% track of outperforming estimates over the last four quarters at an average rate of 15.4%. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Southern Company (The) (SO): Free Stock Analysis Report Ameren Corporation (AEE): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-11-08,27.7548,27.7597,27.3874,27.7362,"Tap These 5 Value Stocks With Enticing EV/EBITDA Ratios The price-to-earnings (P/E) ratio, due to its apparent simplicity, enjoys great popularity in the value investing world and is preferred by many investors while uncovering bargain stocks. But even this widely used valuation metric is not devoid of limitations. What Gives EV/EBITDA the Upper Hand? While P/E is widely considered as a useful tool to work out the fair value of a stock, a more-complicated and less-used metric called EV/EBITDA is sometimes viewed as a better alternative as it offers a clearer picture of a firm's valuation and its earnings potential. EV/EBITDA has a more complete approach to valuation as it determines a firm's total value. P/E, on the other hand, considers only its equity portion. Also known as the enterprise multiple, EV/EBITDA is essentially the enterprise value (EV) of a stock divided by its earnings before interest, taxes, depreciation and amortization (EBITDA). EV is the sum of a company's market capitalization, its debt and preferred stock minus cash and cash equivalents. In a nutshell, it is the total value of a company. The other component, EBITDA gives a clearer picture of a company's profitability as it removes the impact of non-cash expenses like depreciation and amortization that depress net earnings. It is also often used as a proxy for cash flows. Typically, the lower the EV/EBITDA ratio, the more appealing it is. A low EV/EBITDA ratio could signal that a stock is undervalued. Unlike the P/E ratio, EV/EBITDA takes debt on a company's balance sheet into account. Due to this reason, it is typically used to value potential acquisition targets. The ratio shows the amount of debt that the acquirer has to bear. Stocks flaunting a low EV/EBITDA multiple could be seen as attractive takeover candidates. Another key drawback of P/E is that it can't be used to value a loss-making entity. A firm's earnings are also subject to accounting estimates and management manipulation. In contrast, EV/EBITDA is less amenable to manipulation and can also be used to value companies that are making loss but are EBITDA-positive. EV/EBITDA is also a useful tool in measuring the value of firms with a debt-laden balance sheet and have a high degree of depreciation. It also allows the comparison of companies with different debt levels. Then again, EV/EBITDA has its limitations too. The ratio alone can't conclusively determine a stock's inherent potential and its future performance. It varies across industries and is usually not appropriate while comparing stocks in different industries given their diverse capital requirements. As such, instead of solely banking on EV/EBITDA, you can combine it with the other major ratios such as price-to-book (P/B), P/E and price-to-sales (P/S) to screen true value stocks. Screening Criteria Here are the parameters to screen for value stocks: EV/EBITDA 12 Months-Most Recent less than X-Industry Median: A lower EV/EBITDA ratio represents a cheaper valuation. P/E using (F1) less than X-Industry Median: This metric screens stocks that are trading at a discount to their peers. P/B less than X-Industry Median: A lower P/B compared with the industry average implies that the stock is undervalued. P/S less than X-Industry Median: The lower the P/S ratio the more attractive the stock is as investors will have to pay a smaller price for the same amount of sales generated by the company. Estimated One-Year EPS Growth F(1)/F(0) greater than or equal to X-Industry Median: This parameter will help in screening stocks that have growth rates higher than the industry median. This is a meaningful indicator as decent earnings growth always adds to investor optimism. Average 20-day Volume greater than or equal to 100,000: The addition of this metric ensures that shares can be traded easily. Current Price greater than or equal to $5: This parameter will help in screening stocks that are trading at a minimum price of $5 or higher. Zacks Rank less than or equal to 2: No screening is complete without the Zacks Rank, which has proven its worth since inception. It is a fundamental truth that stocks with a Zacks Rank #1 (Strong Buy) or 2 (Buy) have always managed to beat adversities and outperform the market. Value Score of less than or equal to B: Our research shows that stocks with a Value Score of A or B when combined with a Zacks Rank #1 or 2 offer the best upside potential. Here are five of the 12 stocks that passed the screen: ArcBest CorporationARCB provides freight transportation services and solutions. This Zacks Rank #1 stock has an expected year-over-year earnings growth rate of 158.7% for 2018 and a Value Score of A. Covenant Transportation Group, Inc.CVTI is a truckload carrier that offers just-in-time and other premium transportation services throughout the United States. This Zacks Rank #2 stock has an expected year-over-year earnings growth rate of 161.9% for 2018 and a Value Score of A. You can see the complete list of today's Zacks #1 Rank stocks here . Capital One Financial CorporationCOF is a financial holding company that offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. This Zacks Rank #2 stock has an expected year-over-year earnings growth rate of 59.8% for 2018. It has a Value Score of A. Zions BancorporationZION is one of the premier financial services companies in the United States. This Zacks Rank #2 stock has an expected year-over-year earnings growth rate of 42.7% for 2018 and a Value Score of A. Exelon CorporationEXC is a utility services holding company. This Zacks Rank #2 stock has an expected year-over-year earnings growth rate of 20% for 2018. It also has a Value Score of B. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ArcBest Corporation (ARCB): Free Stock Analysis Report Covenant Transportation Group, Inc. (CVTI): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Zions Bancorporation (ZION): Free Stock Analysis Report Capital One Financial Corporation (COF): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-11-09,27.787,28.0753,27.6503,27.916,"Zacks.com highlights: ArcBest, Covenant Transportation Group, Capital One Financial, Zions Bancorp. and Exelon For Immediate Release Chicago, IL - November 9, 2018 - Stocks in this week's article include: ArcBest Corp. ARCB , Covenant Transportation Group, Inc. CVTI , Capital One Financial Corp. COF , Zions Bancorp. ZION and Exelon Corp. EXC . Screen of the Week of Zacks Investment Research: Tap These 5 Value Stocks with Enticing EV/EBITDA Ratios The price-to-earnings (P/E) ratio, due to its apparent simplicity, enjoys great popularity in the value investing world and is preferred by many investors while uncovering bargain stocks. But even this widely used valuation metric is not devoid of limitations. What Gives EV/EBITDA the Upper Hand? While P/E is widely considered as a useful tool to work out the fair value of a stock, a more-complicated and less-used metric called EV/EBITDA is sometimes viewed as a better alternative as it offers a clearer picture of a firm's valuation and its earnings potential. EV/EBITDA has a more complete approach to valuation as it determines a firm's total value. P/E, on the other hand, considers only its equity portion. Also known as the enterprise multiple, EV/EBITDA is essentially the enterprise value (EV) of a stock divided by its earnings before interest, taxes, depreciation and amortization (EBITDA). EV is the sum of a company's market capitalization, its debt and preferred stock minus cash and cash equivalents. In a nutshell, it is the total value of a company. The other component, EBITDA gives a clearer picture of a company's profitability as it removes the impact of non-cash expenses like depreciation and amortization that depress net earnings. It is also often used as a proxy for cash flows. Typically, the lower the EV/EBITDA ratio, the more appealing it is. A low EV/EBITDA ratio could signal that a stock is undervalued. Unlike the P/E ratio, EV/EBITDA takes debt on a company's balance sheet into account. Due to this reason, it is typically used to value potential acquisition targets. The ratio shows the amount of debt that the acquirer has to bear. Stocks flaunting a low EV/EBITDA multiple could be seen as attractive takeover candidates. Another key drawback of P/E is that it can't be used to value a loss-making entity. A firm's earnings are also subject to accounting estimates and management manipulation. In contrast, EV/EBITDA is less amenable to manipulation and can also be used to value companies that are making loss but are EBITDA-positive. EV/EBITDA is also a useful tool in measuring the value of firms with a debt-laden balance sheet and have a high degree of depreciation. It also allows the comparison of companies with different debt levels. Then again, EV/EBITDA has its limitations too. The ratio alone can't conclusively determine a stock's inherent potential and its future performance. It varies across industries and is usually not appropriate while comparing stocks in different industries given their diverse capital requirements. As such, instead of solely banking on EV/EBITDA, you can combine it with the other major ratios such as price-to-book (P/B), P/E and price-to-sales (P/S) to screen true value stocks. And that's what we're screening for today… For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/336184/tap-these-5-value-stocks-with-enticing-evebitda-ratios Get the remaining stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the ""#1 site for screening stocks"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 ""Strong Buys"" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>. Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: https://www.zacks.com/ Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks ""Terms and Conditions of Service"" disclaimer. www.zacks.com/disclaimer . Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Covenant Transportation Group, Inc. (CVTI): Free Stock Analysis Report ArcBest Corporation (ARCB): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Zions Bancorporation (ZION): Free Stock Analysis Report Capital One Financial Corporation (COF): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-11-12,27.787,28.6352,27.7548,28.3371,"[""WEC Energy Group, Inc. (WEC) Ex-Dividend Date Scheduled for November 13, 2018 WEC Energy Group, Inc. ( WEC ) will begin trading ex-dividend on November 13, 2018. A cash dividend payment of $0.553 per share is scheduled to be paid on December 01, 2018. Shareholders who purchased WEC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that WEC has paid the same dividend. At the current stock price of $70, the dividend yield is 3.16%. The previous trading day's last sale of WEC was $70, representing a -2.89% decrease from the 52 week high of $72.09 and a 19.7% increase over the 52 week low of $58.48. WEC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WEC's current earnings per share, an indicator of a company's profitability, is $4.06. Zacks Investment Research reports WEC's forecasted earnings growth in 2018 as 5.92%, compared to an industry average of 5.3%. For more information on the declaration, record and payment dates, visit the WEC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to WEC through an Exchange Traded Fund [ETF]? The following ETF(s) have WEC as a top-10 holding: First Trust North American Energy Infrastructure Fund ( EMLP ) iShares Morningstar Mid-Cap ETF ( JKI ) Vanguard Mid-Cap Value ETF ( VOE ). The top-performing ETF of this group is EMLP with an increase of 0.86% over the last 100 days. It also has the highest percent weighting of WEC at 10000%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""FirstEnergy (FE) to Pass Tax Savings, Reduce Utility Bills FirstEnergy Corporation 's FE Ohio utilities filed an agreement to pass a $900 million annual Tax Cuts and Jobs Act (TCJA) savings to customers. The agreement also includes a plan to invest more than $500 million over three years for the modernization purpose. Customers Poised to Benefit If approved by the commission, customers will get 100% benefit of the tax savings. Residential customers using 1,000 kilowatt hours of electricity will have immediate reduction of $3.90 in their monthly bills and will continue benefited in the next 25 years. While planned investment will strengthen the electric distribution systems, upgraded equipments will provide real-time voltage controls. The company also plans to install 700,000 smart meters. All these initiatives will be beneficial to the customers. Our View Utility companies are generally regulated in nature. The infrastructures are aging day by day and require regular investments to continue the flow of service. Regular investments involve large amount of funding. To upgrade and strengthen infrastructure, a company is required to apply for rate hike to commissions. Customers carry the burden of these rate hikes with higher bills. TCJA has provided the opportunity to lower the burden of the customers by reducing bills. In 2018, few big electric utilities like NextEra Energy, Inc. NEE , Duke Energy Corp. DUK and Exelon Corp. EXC passed their tax benefits to customers. Price Movement Shares of FirstEnergy have gained 11.0% in the past year, against the industry 's decline of 4.3%. Zacks Rank & Key Pick FirstEnergy currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report FirstEnergy Corporation (FE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-11-13,28.4065,28.5443,28.1955,28.4553,"[""Notable ETF Inflow Detected - SPLV, DTE, AEP, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Invesco S&P 500 Low Volatility ETF (Symbol: SPLV) where we have detected an approximate $111.1 million dollar inflow -- that's a 1.4% increase week over week in outstanding units (from 159,100,000 to 161,350,000). Among the largest underlying components of SPLV, in trading today DTE Energy Co (Symbol: DTE) is off about 0.1%, American Electric Power Co Inc (Symbol: AEP) is off about 0.4%, and Exelon Corp (Symbol: EXC) is lower by about 0.1%. For a complete list of holdings, visit the SPLV Holdings page \u00bb The chart below shows the one year price performance of SPLV, versus its 200 day moving average: Looking at the chart above, SPLV's low point in its 52 week range is $44.46 per share, with $50.42 as the 52 week high point - that compares with a last trade of $49.29. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Trader makes bet on Exelon A trader made a bullish bet Tuesday on Exelon Corp. ( EXC ). A trade of 1,900 contracts of the Dec. 47 call crossed the tape at 10:28 this morning. That trade was priced high in the spread, indicating it was likely in initiated from the buy side. InvestorsKeyhole Trade Alert IK-> The technicals for EXC ($45.52 down $0.19) are bullish with an upward trend. The stock has support around 44.50. Look at the Jan. 38/42 bull-put spread for a 20-cent credit. That's a 5.3% return and the stock has to fall by 7.7% to cause a problem. [InvestorsKeyhole, various news and data services] The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Originally published on InvestorsObserver.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corporation (EXC) Ex-Dividend Date Scheduled for November 14, 2018 Exelon Corporation ( EXC ) will begin trading ex-dividend on November 14, 2018. A cash dividend payment of $0.345 per share is scheduled to be paid on December 10, 2018. Shareholders who purchased EXC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that EXC has paid the same dividend. At the current stock price of $45.72, the dividend yield is 3.02%. The previous trading day's last sale of EXC was $45.72, representing a -1.04% decrease from the 52 week high of $46.20 and a 28.54% increase over the 52 week low of $35.57. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Public Service Enterprise Group Incorporated ( PEG ). EXC's current earnings per share, an indicator of a company's profitability, is $3.86. Zacks Investment Research reports EXC's forecasted earnings growth in 2018 as 20%, compared to an industry average of 5.1%. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EXC through an Exchange Traded Fund [ETF]? The following ETF(s) have EXC as a top-10 holding: VanEck Vectors Uranium & Nuclear Energy ETF ( NLR ) SPDR Select Sector Fund - Utilities ( XLU ) John Hancock Multifactor Utilities ETF ( JHMU ) iShares U.S. Utilities ETF ( IDU ) First Trust Exchange-Traded Fund III First Trust Horizon Manag ( HUSV ). The top-performing ETF of this group is XLU with an increase of 8.81% over the last 100 days. NLR has the highest percent weighting of EXC at 7.34%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Allete, Inc. (ALE) Ex-Dividend Date Scheduled for November 14, 2018 Allete, Inc. ( ALE ) will begin trading ex-dividend on November 14, 2018. A cash dividend payment of $0.56 per share is scheduled to be paid on December 01, 2018. Shareholders who purchased ALE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that ALE has paid the same dividend. At the current stock price of $77.65, the dividend yield is 2.88%. The previous trading day's last sale of ALE was $77.65, representing a -4.42% decrease from the 52 week high of $81.24 and a 16.52% increase over the 52 week low of $66.64. ALE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ALE's current earnings per share, an indicator of a company's profitability, is $3. Zacks Investment Research reports ALE's forecasted earnings growth in 2018 as 6.11%, compared to an industry average of 5.1%. For more information on the declaration, record and payment dates, visit the ALE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ALE through an Exchange Traded Fund [ETF]? The following ETF(s) have ALE as a top-10 holding: USAA MSCI USA Small Cap Value Momentum Blend Index ETF ( USVM ) AGFiQ U.S. Market Neutral Anti-Beta Fund ( BTAL ) AGFiQ U.S. Market Neutral Size Fund ( SIZ ). The top-performing ETF of this group is BTAL with an increase of 10.69% over the last 100 days. USVM has the highest percent weighting of ALE at 0.5%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UNITIL Corporation (UTL) Ex-Dividend Date Scheduled for November 14, 2018 UNITIL Corporation ( UTL ) will begin trading ex-dividend on November 14, 2018. A cash dividend payment of $0.365 per share is scheduled to be paid on November 29, 2018. Shareholders who purchased UTL prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that UTL has paid the same dividend. At the current stock price of $49.27, the dividend yield is 2.96%. The previous trading day's last sale of UTL was $49.27, representing a -7.16% decrease from the 52 week high of $53.07 and a 20.41% increase over the 52 week low of $40.92. UTL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). UTL's current earnings per share, an indicator of a company's profitability, is $2.28. Zacks Investment Research reports UTL's forecasted earnings growth in 2018 as 7.04%, compared to an industry average of 5.1%. For more information on the declaration, record and payment dates, visit the UTL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-11-14,28.343,28.4984,28.1271,28.2375,"Duke Energy Corporation (DUK) Ex-Dividend Date Scheduled for November 15, 2018 Duke Energy Corporation ( DUK ) will begin trading ex-dividend on November 15, 2018. A cash dividend payment of $0.928 per share is scheduled to be paid on December 17, 2018. Shareholders who purchased DUK prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.27% increase over prior dividend payment. At the current stock price of $86.35, the dividend yield is 4.3%. The previous trading day's last sale of DUK was $86.35, representing a -5.94% decrease from the 52 week high of $91.80 and a 20% increase over the 52 week low of $71.96. DUK is a part of the Public Utilities sector, which includes companies such as Exelon Corporation ( EXC ) and Public Service Enterprise Group Incorporated ( PEG ). DUK's current earnings per share, an indicator of a company's profitability, is $4.1. Zacks Investment Research reports DUK's forecasted earnings growth in 2018 as 3.69%, compared to an industry average of 5.2%. For more information on the declaration, record and payment dates, visit the DUK Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DUK through an Exchange Traded Fund [ETF]? The following ETF(s) have DUK as a top-10 holding: VanEck Vectors Uranium & Nuclear Energy ETF ( NLR ) iShares U.S. Utilities ETF ( IDU ) Fidelity MSCI Utilities Index ETF ( FUTY ) John Hancock Multifactor Utilities ETF ( JHMU ) First Trust North American Energy Infrastructure Fund ( EMLP ). The top-performing ETF of this group is FUTY with an increase of 8.14% over the last 100 days. NLR has the highest percent weighting of DUK at 8.6%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-11-15,28.045,28.5521,27.8262,28.4417,
EXC,2018-11-16,28.8306,28.8471,28.4622,28.6488,
EXC,2018-11-19,28.6732,28.8374,28.5989,28.7856,"3 Big Stock Charts for Monday: Devon Energy, Exelon and Facebook InvestorPlace - Stock Market News, Stock Advice & Trading Tips All in all, not a bad week. Though the S&P 500 still logged a loss for the full five-day span, the index's close of 2736.27 on Friday was well above the low, and left the market in good position to dish out some bullish follow-through. PG&E (NYSE: PCG ) was the most noteworthy winner for the day, up on the order of 38% as investors began to agree that it wouldn't necessarily face financial ruin just for being implicated in California's wildfires. Among the names that weren't pushed around by politics and one-off environmental disasters though, Applied Materials (NASDAQ: AMAT ) mustered a 1.1% gain. It wasn't a showstopper, but it was the biggest piece of evidence yet that the struggling stock is testing the waters of a turnaround. Making that possibility even more convincing is the fact that the gain took shape against a backdrop of a quarterly earnings miss . Still, most stocks are in the same indecisive boat that the overall market is in. Choose carefully, looking for budding trends that don't need the market's help and won't be upended by the market tide moving in the wrong direction. To that end, the stock charts of Facebook (NASDAQ: FB ), Exelon (NYSE: EXC ) and Devon Energy (NYSE: DVN ) look like they have the most to offer, from a risk/reward perspective. Here's why. Facebook (FB) One hates to bet against the king of social networking, but Facebook shares look like they've slipped into what has become a self-fueling freefall. That is to say, the worse things get, the more shareholders sell, and the more they sell, the worse things get. 10 Blue-Chip Stocks That Will Lose You Money The downtrend broke to new multimonth lows on Friday. Click to Enlarge • The downtrend is evident on both stock charts and speaks for itself. Friday's low of $137.77 is under the low of $139.03. And, a close look at the daily chart shows there's rising volume behind the downtrend. • The selloff is suspiciously well framed by falling support and resistance lines, plotted with white dashed lines on the weekly chart. • Now that the March low around $153 has been broken, the next most plausible low that could become a landing point is the late 2016 low around $114. Devon Energy (DVN) It has probably got more to do with the broad demise of oil than with Devon Energy specifically, but, the root cause doesn't really matter. What does matter is that with Friday's 3.4% setback, DVN shares are now below what had been a huge, and hugely important, technical support level. Click to Enlarge • The support line in question is $30.18, plotted with a red line on both stock charts. Though not with perfection, that level's been a floor more than once since last year. • It's possible the 2017 ultimate low near $28.88, marked with a yellow dashed line, could end up acting as a floor, particularly with the weekly chart being so oversold. That's not an assumption that one can afford to make blindly though. • Whatever's in the cards, it can and should take a few days for Devon shares to figure out where they're headed next. Exelon (EXC) Finally, there's no denying Exelon shares are rocketing higher. The stock's gained nearly 7% in just the past month en route to multiyear highs, and the gain is still picking up steam. If the past is any indication though, this rally could be about to run out of steam and reverse course in a big way. Click to Enlarge • The daily chart's persistent even if uneven rise is compelling. When one takes a step back and looks at the longer-term weekly chart though, it's clear that Exelon stock is revisiting an established technical resistance line. • It's possible this encounter with the upper boundary of a rising trading channel could result in a different outcome than it has in the past, but there's a suspicious lack of volume behind the move thus far. • If EXC rolls over here, we can reasonably assume a trip back to the lower edge of the trading range is in the cards. It's currently at $39.50, but rising fast. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter , at @jbrumley. More From InvestorPlace 2 Toxic Pot Stocks You Should Avoid 7 Artificial Intelligence Stocks for an AI Revolution The 10 Best Stocks to Buy for a Santa Claus Rally 7 Micro-Cap ETFs That Punch Above Their Weight Compare Brokers The post 3 Big Stock Charts for Monday: Devon Energy, Exelon and Facebook appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-11-20,28.8813,28.9224,28.2814,28.3742,"[""Here's Why You Should Add Exelon (EXC) to Your Portfolio Earnings estimates for Exelon CorporationEXC have been revised upward in the past 60 days. The Zacks Consensus Estimate for 2018 and 2019 has moved up 0.6% and 2.3% to $3.12 and $3.15, respectively. The stock has returned 11.5% in the last 12 months compared with industry 's decline of 3.1%. Let's focus on the factors that make Exelon a profitable bet. Zacks Rank & Surprise History The company currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . The company's average four-quarter positive earnings surprise is 2.08%. The company's long-term growth is pegged at 4.60%. VGM Score The stock carries an impressive VGM Score of B. Here V stands for Value, G for Growth and M for Momentum with the score being a weighted combination of all three factors. Backtested results indicate that stocks with a favorable VGM Score of A or B coupled with a bullish Zacks Rank offer the best investment bets. Strong Cash Flow Exelon's strong free cash flow generation capacity will help it lower debt level by more than $3 billion in the next four years. Cash flow generation will also support organic utility growth and enable the company to increase dividend distribution rate. Investments and Cost Savings Exelon plans to invest nearly $21 billion over the 2018-2021 period on regulated operations to improve reliability of operations. Such systematic investments in regulated assets will drive rate base growth of 7.4% during this period. Since 2015, the company announced cost reductions of more than $900 million. Cost optimization programs and planned closure of nuclear plants will lower operating and maintenance expenses. The company is targeting to lower operating and maintenance expenses by 3.7% over the 2018-2021 period. Other Stocks to Consider In third-quarter 2018, Exelon's operating earnings of 88 cents per share were in line with the Zacks Consensus Estimate. Other companies from the same industry that reported a beat this earnings season are NiSource Inc NI , DTE Energy Co DTE and FirstEnergy Corp FE . In the past 30 days, the Zacks Consensus Estimate for earnings in 2018 for NiSource, DTE Energy and FirstEnergy have inched up 1.6%, 1.8% and 0.8%, respectively. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report DTE Energy Company (DTE): Free Stock Analysis Report FirstEnergy Corporation (FE): Free Stock Analysis Report NiSource, Inc (NI): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Are Investors Undervaluing Exelon (EXC) Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large. On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the \""Value\"" category. Stocks with high Zacks Ranks and \""A\"" grades for Value will be some of the highest-quality value stocks on the market today. One company value investors might notice is Exelon (EXC). EXC is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. We should also highlight that EXC has a P/B ratio of 1.33. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 1.70. Over the past 12 months, EXC's P/B has been as high as 1.33 and as low as 1.08, with a median of 1.23. Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. EXC has a P/S ratio of 1.25. This compares to its industry's average P/S of 1.85. Finally, our model also underscores that EXC has a P/CF ratio of 4.33. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 6.70. Within the past 12 months, EXC's P/CF has been as high as 5.07 and as low as 3.56, with a median of 4.13. These are just a handful of the figures considered in Exelon's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that EXC is an impressive value stock right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""EXC Dividend Yield Pushes Past 3% Looking at the universe of stocks we cover at Dividend Channel , in trading on Tuesday, shares of Exelon Corp (Symbol: EXC) were yielding above the 3% mark based on its quarterly dividend (annualized to $1.38), with the stock changing hands as low as $45.29 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF ( SPY ) back on 12/31/1999 - you would have paid $146.88 per share. Fast forward to 12/31/2012 and each share was worth $142.41 on that date, a decrease of $4.67/share over all those years. But now consider that you collected a whopping $25.98 per share in dividends over the same period, for a positive total return of 23.36%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.6%; so by comparison collecting a yield above 3% would appear considerably attractive if that yield is sustainable. Exelon Corp (Symbol: EXC) is an S&P 500 company, giving it special status as one of the large-cap companies making up the S&P 500 Index. In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Exelon Corp, looking at the history chart for EXC below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 3% annual yield. Click here to find out which 9 other dividend stocks just recently went on sale \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-11-21,28.2814,28.3996,27.9571,28.0694,"SPLV, DTE, EXC, AEP: Large Inflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Invesco S&P 500 Low Volatility ETF (Symbol: SPLV) where we have detected an approximate $218.0 million dollar inflow -- that's a 2.8% increase week over week in outstanding units (from 161,350,000 to 165,800,000). Among the largest underlying components of SPLV, in trading today DTE Energy Co (Symbol: DTE) is off about 0.9%, Exelon Corp (Symbol: EXC) is down about 0.3%, and American Electric Power Co Inc (Symbol: AEP) is lower by about 1.1%. For a complete list of holdings, visit the SPLV Holdings page » The chart below shows the one year price performance of SPLV, versus its 200 day moving average: Looking at the chart above, SPLV's low point in its 52 week range is $44.46 per share, with $50.42 as the 52 week high point - that compares with a last trade of $49.03. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-11-23,28.0978,28.1183,27.8066,28.005,
EXC,2018-11-26,28.0616,28.2746,27.8867,28.2248,
EXC,2018-11-27,28.2306,28.5414,28.1437,28.43,"Evergy, Inc. (EVRG) Ex-Dividend Date Scheduled for November 28, 2018 Evergy, Inc. ( EVRG ) will begin trading ex-dividend on November 28, 2018. A cash dividend payment of $0.475 per share is scheduled to be paid on December 20, 2018. Shareholders who purchased EVRG prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.26% increase over prior dividend payment. At the current stock price of $59.53, the dividend yield is 3.19%. The previous trading day's last sale of EVRG was $59.53, representing a -2.57% decrease from the 52 week high of $61.10 and a 16.98% increase over the 52 week low of $50.89. EVRG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). EVRG's current earnings per share, an indicator of a company's profitability, is $2.54. Zacks Investment Research reports EVRG's forecasted earnings growth in 2018 as 11.45%, compared to an industry average of 8.3%. For more information on the declaration, record and payment dates, visit the EVRG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EVRG through an Exchange Traded Fund [ETF]? The following ETF(s) have EVRG as a top-10 holding: Invesco Russell Midcap Pure Value ETF ( PXMV ) Nationwide Risk-Based U.S. Equity ETF ( RBUS ) iShares Edge MSCI USA Size Factor ETF ( SIZE ). The top-performing ETF of this group is RBUS with an increase of 5.94% over the last 100 days. PXMV has the highest percent weighting of EVRG at 1.76%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-11-28,28.512,28.6673,28.2129,28.6117,"Avista Corporation (AVA) Ex-Dividend Date Scheduled for November 29, 2018 Avista Corporation ( AVA ) will begin trading ex-dividend on November 29, 2018. A cash dividend payment of $0.373 per share is scheduled to be paid on December 14, 2018. Shareholders who purchased AVA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that AVA has paid the same dividend. At the current stock price of $52.42, the dividend yield is 2.85%. The previous trading day's last sale of AVA was $52.42, representing a -0.93% decrease from the 52 week high of $52.91 and a 10.36% increase over the 52 week low of $47.50. AVA is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AVA's current earnings per share, an indicator of a company's profitability, is $1.79. Zacks Investment Research reports AVA's forecasted earnings growth in 2018 as 5.13%, compared to an industry average of 7.9%. For more information on the declaration, record and payment dates, visit the AVA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AVA through an Exchange Traded Fund [ETF]? The following ETF(s) have AVA as a top-10 holding: Invesco S&P SmallCap Utilities ETF ( PSCU ). The top-performing ETF of this group is PSCU with an decrease of -0.65% over the last 100 days. It also has the highest percent weighting of AVA at 9.66%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-11-29,28.6312,28.6372,28.1437,28.5179,
EXC,2018-11-30,28.6048,29.0054,28.4934,28.9684,
EXC,2018-12-03,28.9419,29.0298,28.7338,29.0241,
EXC,2018-12-04,29.1666,29.5799,29.0485,29.318,"[""Public Service Enterprise Group Incorporated (PEG) Ex-Dividend Date Scheduled for December 06, 2018 Public Service Enterprise Group Incorporated ( PEG ) will begin trading ex-dividend on December 06, 2018. A cash dividend payment of $0.45 per share is scheduled to be paid on December 31, 2018. Shareholders who purchased PEG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that PEG has paid the same dividend. At the current stock price of $55.68, the dividend yield is 3.23%. The previous trading day's last sale of PEG was $55.68, representing a -1.76% decrease from the 52 week high of $56.68 and a 20.55% increase over the 52 week low of $46.19. PEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PEG's current earnings per share, an indicator of a company's profitability, is $4.32. Zacks Investment Research reports PEG's forecasted earnings growth in 2018 as 5.87%, compared to an industry average of 8.9%. For more information on the declaration, record and payment dates, visit the PEG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PEG through an Exchange Traded Fund [ETF]? The following ETF(s) have PEG as a top-10 holding: VanEck Vectors Uranium & Nuclear Energy ETF ( NLR ) John Hancock Multifactor Utilities ETF ( JHMU ) First Trust Utilities AlphaDEX Fund ( FXU ) SPDR Select Sector Fund - Utilities ( XLU ) iShares U.S. Utilities ETF ( IDU ). The top-performing ETF of this group is FXU with an increase of 8.84% over the last 100 days. NLR has the highest percent weighting of PEG at 6.76%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Tuesday Sector Leaders: Utilities, Healthcare The best performing sector as of midday Tuesday is the Utilities sector, up 0.8%. Within that group, Consolidated Edison Inc (Symbol: ED) and Exelon Corp (Symbol: EXC) are two large stocks leading the way, showing a gain of 1.7% and 1.6%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.7% on the day, and up 9.80% year-to-date. Consolidated Edison Inc, meanwhile, is up 0.60% year-to-date, and Exelon Corp is up 23.36% year-to-date. Combined, ED and EXC make up approximately 8.5% of the underlying holdings of XLU. The next best performing sector is the Healthcare sector, losing just 1.8%. Among large Healthcare stocks, Johnson & Johnson (Symbol: JNJ) and Alexion Pharmaceuticals Inc. (Symbol: ALXN) are the most notable, showing a gain of 0.8% and 0.1%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF ( XLV ), which is down 1.5% in midday trading, and up 14.90% on a year-to-date basis. Johnson & Johnson, meanwhile, is up 8.07% year-to-date, and Alexion Pharmaceuticals Inc. is up 4.98% year-to-date. Combined, JNJ and ALXN make up approximately 11.1% of the underlying holdings of XLV. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday. As you can see, one sector is up on the day, while eight sectors are down. 10 ETFs With Stocks That Insiders Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-12-06,29.318,29.5975,28.7807,29.2858,"[""Invesco S&P 500 Low Volatility ETF Experiences Big Inflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Invesco S&P 500 Low Volatility ETF (Symbol: SPLV) where we have detected an approximate $126.7 million dollar inflow -- that's a 1.5% increase week over week in outstanding units (from 166,050,000 to 168,600,000). Among the largest underlying components of SPLV, in trading today Duke Energy Corp (Symbol: DUK) is down about 1.5%, WEC Energy Group Inc (Symbol: WEC) is down about 1.2%, and Exelon Corp (Symbol: EXC) is lower by about 1.2%. For a complete list of holdings, visit the SPLV Holdings page \u00bb The chart below shows the one year price performance of SPLV, versus its 200 day moving average: Looking at the chart above, SPLV's low point in its 52 week range is $44.46 per share, with $50.61 as the 52 week high point - that compares with a last trade of $48.94. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Scana Corporation (SCG) Ex-Dividend Date Scheduled for December 07, 2018 Scana Corporation ( SCG ) will begin trading ex-dividend on December 07, 2018. A cash dividend payment of $0.124 per share is scheduled to be paid on January 01, 2019. Shareholders who purchased SCG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that SCG has paid the same dividend. At the current stock price of $47.3, the dividend yield is 1.05%. The previous trading day's last sale of SCG was $47.3, representing a -4.25% decrease from the 52 week high of $49.40 and a 40.73% increase over the 52 week low of $33.61. SCG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). SCG's current earnings per share, an indicator of a company's profitability, is -$1.4. Zacks Investment Research reports SCG's forecasted earnings growth in 2018 as -37.02%, compared to an industry average of 9%. For more information on the declaration, record and payment dates, visit the SCG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to SCG through an Exchange Traded Fund [ETF]? The following ETF(s) have SCG as a top-10 holding: Invesco S&P 500 Equal Weight Utilities ETF ( RYU ) ALPS Sector Dividend Dogs ETF ( SDOG ) WisdomTree Global ex-US Real Estate Index ( DRW ) iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund ( IFGL ) Invesco Russell Midcap Pure Value ETF ( PXMV ). The top-performing ETF of this group is RYU with an increase of 8.85% over the last 100 days. It also has the highest percent weighting of SCG at 4.4%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon's (EXC) Unit Gets Consent to Reduce Rates in 2019 Exelon CorporationEXC announced that its subsidiary, Commonwealth Edison Company (ComEd), has received necessary approval from the Illinois Commerce Commission (ICC) to lower delivery charges, effective January 2019. Per the approval, the total reduction in delivery charges will be $24 million. Moreover, ComEd's average residential customer bill will reduce to $84 per month in January 2019 from $85 in September 2008. Adjusted for inflation, ComEd's average residential bill has declined 14% over the same time period. Upgrades Help to Lower Cost ComEd has been continuously investing in improving the reliability of its services. Ongoing investment has reduced outages and the frequency of the same by 50% since the launch of the smart grid program in 2012. Modernization of the grid and decline in associated expenditure allowed the company to file for a rate decline for the third time. ComEd continues to help customers save money and energy through new solutions created by the Future Energy Jobs Act (FEJA) that took effect in 2017. FEJA authorizes ComEd to invest $1.4 billion over four years in programs that will result in $7 billion savings for business and residential customers, and eliminate 95 billion pounds of carbon emissions. Long-Term Plans Exelon has plans to invest nearly $21 billion over the 2018-2021 time frame on its regulated operations, in a bid to improve the reliability of its operations. Such systematic investments in regulated assets will drive rate base growth of 7.4% during this time frame. Ongoing investment continues to strengthen operation and capability of the company for providing efficient service to customers. Price Movement In the past 12 months, shares of the company have gained nearly 14.2% compared with its industry 's decline of 0.7%. Zacks Rank and Key Picks Exelon currently has a Zacks Rank #3 (Hold). Some better-ranked stocks from the same industry are Ameren Corporation AEE , American Electric Power Company AEP and Entergy Corporation ETR , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Ameren, American Electric Power and Entergy reported positive earnings surprise of 17.19%, 1.63% and 33.22%, respectively, in the last reported quarter. The Zacks Consensus Estimate for 2018 earnings for Ameren, American Electric Power and Entergy has moved up 3.7%, 1.8% and 11.3%, respectively, in the past 60 days. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Ameren Corporation (AEE): Free Stock Analysis Report Entergy Corporation (ETR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-12-07,29.2663,29.5349,28.899,29.325,
EXC,2018-12-10,29.2233,29.4411,28.725,29.3484,"Ameren Corporation (AEE) Ex-Dividend Date Scheduled for December 11, 2018 Ameren Corporation ( AEE ) will begin trading ex-dividend on December 11, 2018. A cash dividend payment of $0.475 per share is scheduled to be paid on December 31, 2018. Shareholders who purchased AEE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.71% increase over prior dividend payment. At the current stock price of $70.42, the dividend yield is 2.7%. The previous trading day's last sale of AEE was $70.42, representing a -0.75% decrease from the 52 week high of $70.95 and a 35.71% increase over the 52 week low of $51.89. AEE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AEE's current earnings per share, an indicator of a company's profitability, is $2.8. Zacks Investment Research reports AEE's forecasted earnings growth in 2018 as 19.2%, compared to an industry average of 8.9%. For more information on the declaration, record and payment dates, visit the AEE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AEE through an Exchange Traded Fund [ETF]? The following ETF(s) have AEE as a top-10 holding: First Trust Value Line 100 Fund ( FVL ) Invesco Insider Sentiment ETF ( NFO ) First Trust VL Dividend ( FVD ) AGFiQ U.S. Market Neutral Anti-Beta Fund ( BTAL ). The top-performing ETF of this group is BTAL with an increase of 9.33% over the last 100 days. FVL has the highest percent weighting of AEE at 1.28%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-12-11,29.3981,29.4548,29.1324,29.279,
EXC,2018-12-12,29.3543,29.5682,29.236,29.279,"[""NorthWestern Corporation (NWE) Ex-Dividend Date Scheduled for December 13, 2018 NorthWestern Corporation ( NWE ) will begin trading ex-dividend on December 13, 2018. A cash dividend payment of $0.55 per share is scheduled to be paid on December 31, 2018. Shareholders who purchased NWE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that NWE has paid the same dividend. At the current stock price of $64.46, the dividend yield is 3.41%. The previous trading day's last sale of NWE was $64.46, representing a -1.95% decrease from the 52 week high of $65.74 and a 28.89% increase over the 52 week low of $50.01. NWE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NWE's current earnings per share, an indicator of a company's profitability, is $3.59. Zacks Investment Research reports NWE's forecasted earnings growth in 2018 as 2.93%, compared to an industry average of 9.1%. For more information on the declaration, record and payment dates, visit the NWE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to NWE through an Exchange Traded Fund [ETF]? The following ETF(s) have NWE as a top-10 holding: USAA MSCI USA Small Cap Value Momentum Blend Index ETF ( USVM ) ProShares Trust ( SMDV ). The top-performing ETF of this group is SMDV with an decrease of -2.81% over the last 100 days. USVM has the highest percent weighting of NWE at 0.58%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks.com featured highlights include: ArcBest, Zions, Covenant Transportation, Seaspan and Exelon For Immediate Release Chicago, IL - December 12, 2018 - Stocks in this week's article are: ArcBest Corp. ARCB , Zions Bancorp. ZION , Covenant Transportation Group, Inc. CVTI , Seaspan Corp. SSW and Exelon Corp. EXC . 5 Value Picks with Strikingly Low EV/EBITDA Ratios Price-to-earnings (P/E) is undoubtedly the most commonly used metric in the value investing world. This straightforward, easy-to-calculate ratio enjoys greater popularity among valuation metrics in the investment toolkit and is preferred while uncovering bargain stocks. A widely favored approach by value investors is to chase stocks with a low P/E ratio. But even this equity valuation multiple is not devoid of shortcomings. Why EV/EBITDA is a Better Alternative? While P/E is by far the most popular valuation metric, a more complicated metric called EV/EBITDA does a better job in working out the fair market value of a firm. Often viewed as a better substitute to P/E, this ratio offers a clearer picture of a company's valuation and its earnings potential. Also dubbed as the enterprise multiple, EV/EBITDA is essentially the enterprise value (EV) of a stock divided by its earnings before interest, taxes, depreciation and amortization (EBITDA). EV is the sum of a company's market capitalization, its debt and preferred stock minus cash and cash equivalents. Essentially, it is the total value of a company. EBITDA, the other component of the ratio, gives the true picture of a company's profitability as it removes the impact of non-cash expenses like depreciation and amortization that depress net earnings. It is also often used as a proxy for cash flows. Typically, the lower the EV/EBITDA ratio, the more attractive it is. A low EV/EBITDA ratio could signal that a stock is potentially undervalued and vice versa. However, EV/EBITDA takes into account the debt on a company's balance sheet that P/E ratio does not. Given this reason, EV/EBITDA is usually used to value possible acquisition targets, as it shows the amount of debt the acquirer has to assume. Companies with a low EV/EBITDA multiple could be seen as attractive takeover candidates. Another downside of P/E is that it can't be used to value a loss-making company. A company's earnings are also subject to accounting estimates and management manipulation. EV/EBITDA, in contrast, is less amenable to manipulation and also can be used to value firms that have negative net earnings but are positive on the EBITDA side. EV/EBITDA is also a useful tool in measuring the value of firms that are highly leveraged and have a high degree of depreciation. It also allows the comparison of companies with different debt levels. But EV/EBITDA is not without its limitations. The ratio varies across industries (a high-growth industry typically has higher multiple and vice versa) and is usually not appropriate while comparing stocks in different industries given their diverse capital requirements. Thus, instead of solely relying on EV/EBITDA, you can combine it with the other major ratios such as price-to-book (P/B), P/E and price-to-sales (P/S) to achieve the desired results. For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/342233/5-value-picks-with-strikingly-low-evebitda-ratios Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the \""#1 site for screening stocks\"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 \""Strong Buys\"" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>. Follow us on Twitter: http://twitter.com/zacksresearch Join us on Facebook: http://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: www.Zacks.com Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks \""Terms and Conditions of Service\"" disclaimer. www.zacks.com/disclaimer . Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Seaspan Corporation (SSW): Free Stock Analysis Report ArcBest Corporation (ARCB): Free Stock Analysis Report Covenant Transportation Group, Inc. (CVTI): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Zions Bancorporation (ZION): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2018-12-13,29.2741,29.5165,29.2165,29.318,"[""EXC vs. IDA: Which Stock Is the Better Value Option? Investors looking for stocks in the Utility - Electric Power sector might want to consider either Exelon (EXC) or IdaCorp (IDA). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits. Currently, both Exelon and IdaCorp are holding a Zacks Rank of # 2 (Buy). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that both of these companies have improving earnings outlooks. However, value investors will care about much more than just this. Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels. Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years. EXC currently has a forward P/E ratio of 15.03, while IDA has a forward P/E of 22.72. We also note that EXC has a PEG ratio of 3.28. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. IDA currently has a PEG ratio of 8.17. Another notable valuation metric for EXC is its P/B ratio of 1.36. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, IDA has a P/B of 2.15. These are just a few of the metrics contributing to EXC's Value grade of B and IDA's Value grade of C. Both EXC and IDA are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that EXC is the superior value option right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report IDACORP, Inc. (IDA): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Look to these stock market sectors in 2019 instead of FAANGs and tech Put money into utilities, big pharma, consumers, gold, and cannabis Put money into utilities, big pharma, consumers, gold, and cannabis, writes Jeff Reeves.""]"
EXC,2018-12-14,29.3357,29.4802,29.2057,29.3854,"[""XLU, D, EXC, AEP: ETF Inflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $127.9 million dollar inflow -- that's a 1.5% increase week over week in outstanding units (from 146,624,160 to 148,870,000). Among the largest underlying components of XLU, in trading today Dominion Energy Inc (Symbol: D) is down about 0.3%, Exelon Corp (Symbol: EXC) is down about 0.1%, and American Electric Power Co Inc (Symbol: AEP) is lower by about 0.5%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $47.37 per share, with $57.175 as the 52 week high point - that compares with a last trade of $56.66. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Are Investors Undervaluing Exelon (EXC) Right Now? The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits. Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's \""Value\"" category. Stocks with both \""A\"" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now. One company value investors might notice is Exelon (EXC). EXC is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. Investors should also recognize that EXC has a P/B ratio of 1.36. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 1.75. EXC's P/B has been as high as 1.36 and as low as 1.08, with a median of 1.23, over the past year. Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. EXC has a P/S ratio of 1.28. This compares to its industry's average P/S of 1.86. Finally, our model also underscores that EXC has a P/CF ratio of 4.42. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. EXC's current P/CF looks attractive when compared to its industry's average P/CF of 6.88. Within the past 12 months, EXC's P/CF has been as high as 5.07 and as low as 3.56, with a median of 4.13. These figures are just a handful of the metrics value investors tend to look at, but they help show that Exelon is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, EXC feels like a great value stock at the moment. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Zacks Analyst Blog Highlights: Intuitive Surgical, HCA Healthcare, Exelon, 3M and Micron For Immediate Release Chicago, IL - December 14, 2018 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Intuitive Surgical ISRG , HCA Healthcare HCA , Exelon EXC , 3M MMM and Micron MU . Here are highlights from Thursday's Analyst Blog: Top Research Reports for Intuitive Surgical, HCA Healthcare & Exelon The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Intuitive Surgical, HCA Healthcare and Exelon. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. Intuitive Surgical 's shares have outperformed the Zacks Medical Instruments industry in the past year, gaining +43.1% vs +14%. The Zacks analyst thinks strong prospects of the company's robotic platform - da Vinci System - is a major positive. Notably, da Vinci procedures recorded solid growth in recent times. This is led by growth in U.S. general surgery procedures and global urologic procedures. Regulatory approval for the Sure Form 60 buoys optimism. Earlier this year, the company submitted a premarket notification to the FDA for the Ion endoluminal system. Management is also optimistic about the company's collaboration with InTouch Health. On the negative side, the company expects outside U.S. sales to be a bit lumpy in the quarters ahead. These markets are in early stages of adoption. Intense competition in the global MedTech space as well as long sale and purchase order cycles of da Vinci unit has been currently plaguing the company. Shares of Buy-ranked HCA Healthcare have outperformed the Zacks Hospital industry in the past year, gaining +56.6% vs +35.4%. The Zacks analyst thinks its top line has been growing over the last several quarters on higher admissions as well as improved payor and service mix. A number of acquisitions helped the company gain a strong foothold in the industry, fueling its inorganic growth. The company has also raised its guidance from its previous projections. A strong balance sheet and free cash flow are a couple of other positives for the company. However, its high operating expenses continue to weigh on the margins. The company is expected to witness a rise in costs due its constant growth-related investments, which in turn would not allow debts to go down, remaining a concern. Buy-ranked Exelon 's shares have gained +14.9% in the past year, outperforming the Zacks Electric Power Industry which has gained +0.4% over the same period. The Zacks analyst thinks Exelon is going to benefit from its $21 billion planned capital investment, focus on zero emission electricity generation and cost savings. The company continues with its hedging program to manage market risks and protect the value of its generation. Strong cash flow generation capacity will help it lower debt levels and increase value of its shareholders. However, Exelon is subject to the impact of commodity price volatility and price fluctuation in the wholesale markets. Stringent government regulation is also a cause of concern. Other noteworthy reports we are featuring today include 3M and Micron. The Hottest Tech Mega-Trend of All Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce \""the world's first trillionaires,\"" but that should still leave plenty of money for regular investors who make the right trades early. See Zacks' 3 Best Stocks to Play This Trend >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com http://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss . This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report 3M Company (MMM): Free Stock Analysis Report Intuitive Surgical, Inc. (ISRG): Free Stock Analysis Report HCA Healthcare, Inc. (HCA): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Apple announced more new, permanent jobs than any other company this year Here are the largest hiring announcements of 2018, excluding the seasonal job hiring from the likes of Target and UPS.""]"
EXC,2018-12-17,29.4051,29.4929,28.3928,28.4807,
EXC,2018-12-18,28.6439,29.0241,28.4652,28.5989,"Another 2% Plunge to Start the Week The weekend didn't help the market's dreary spirits in the least, as stocks added to Friday's selloff with another plunge of approximately 2% amid fears of slowing global growth and rising interest rates. For a moment Monday morning, it looked like the major indices may be able to recover from another negative open. But with breakeven in sight, their mood turned sour again and stocks dropped almost right into the close. The NASDAQ is now in negative territory for the year after slumping 2.27% (or nearly 157 points) to 6753.73. The Dow slipped 2.1% (or 507 points) to 23592.98, bringing its two-day loss to over 1000 points. Editors like Jeremy Mullin and Dave Bartosiak have been talking about the importance of 2600 holding on the S&P. Well that's gone now after today's slip of 2.08% to 2545.94. The February intraday low of just under 2533 is now in danger and was briefly breached today. Mercifully, stocks came off their lows in the last half hour. The big news of the week (and possibly for the rest of the year) is the Fed meeting that starts tomorrow and ends on Wednesday. For a market that's scared of its own shadow, this important get-together is more than enough reason to continue selling off. Fed Chair Jerome Powell & Friends are still expected to raise rates for a fourth time this year. The big question is whether or not this steep correction has convinced them to take things slower in 2019. You can feel how much the anticipation is stressing the market right now. And it's downright unbearable when you add the 90-day window for trade negotiations with China. The market may continue to selloff on any upward movement until some actual progress can be reported on these issues. Maybe the Fed can strike the right tone this week. Let's not give up on Santa just yet! Today's Portfolio Highlights: Home Run Investor: When the market really started turning lower this afternoon, nLight (LASR) was still solidly in the green. The company eventually succumbed to all the selling, but still finished better than the market in general. Brian Bolan liked the resilience that was shown, and decided to add the stock on Monday. But that's not all he likes about LASR, which makes chips that guide lasers for cutting, welding and all sorts of other end uses. The company beat by 25% in its most recent quarter, while the topline grew nearly 40% amid an improving margin picture. The editor has several openings in the portfolio after selling a few last week, and he's got a nice entry point with LASR hovering near its 52-week lows. Read the complete commentary for a lot more on this new addition. Black Box Trader: The portfolio swapped out four names in this week's adjustment. The stocks that were sold today include: • Exelon (EXC) • Anthem (ANTM) • Crocs (CROX) • Spirit Airlines (SAVE) The new buys that replaced these names are: • Darden Restaurants (DRI) • American Express Co. (AXP) • Delta Air Lines (DAL) • United Continental Holdings (UAL) Read the Black Box Trader's Guide to learn more about this computer-driven service designed to take the emotion out of investing. Zacks Confidential: Believe it or not, there are plenty of stocks that are up for the year despite this sharp correction. You just need to know where to look... and a great first step is finding the industries that are outperforming. One of the best tools to use is our Zacks Industry Heat Maps feature. In this week's Zacks Confidential , Kevin asked Zacks Chief Equity Strategist John Blank to explain how this feature can help you find those outperformers. Read his article and get 10 stocks to watch from the best groups: The Zacks Industry Heat Map. Counterstrike:""The Fed is due up Wednesday and with a dovish stance we could find a rally. It will be important to see a positive outcome from the Fed so a Santa Claus rally can show up in the final week. I have my doubts, but I am hopeful that tomorrow might be the last down day before we start trending higher. ""Dangerous time to be in the market. I hope most have focused on capital preservation and discipline these last couple weeks. Besides going to cash or actively trading both long and short, being disciplined is all you can really do in this environment. ""Our strategy will be to manage the current positions and get out when stopped. This will manage our losses while raising cash while the market falls. When there is a turning point, we will be able to attack all the opportunity that this market is about to give us."" -- Jeremy Mullin All the Best, Jim Giaquinto Recommendations from Zacks' Private Portfolios: Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to ""test drive"" Zacks Ultimate for FREE >> Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-12-19,28.6488,29.0241,28.3996,28.5481,
EXC,2018-12-20,28.6117,29.0504,28.254,28.6048,
EXC,2018-12-21,28.5989,29.361,28.5247,28.6546,
EXC,2018-12-24,28.6488,28.8667,27.2575,27.3689,
EXC,2018-12-26,27.3796,27.7998,26.9126,27.7743,"Shares of EXC Now Oversold In trading on Wednesday, shares of Exelon Corp (Symbol: EXC) entered into oversold territory, changing hands as low as $43.10 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Exelon Corp, the RSI reading has hit 29.5 - by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 27.1, the RSI of WTI Crude Oil is at 31.4, the RSI of Henry Hub Natural Gas is presently 40.6, and the 3-2-1 Crack Spread RSI is 61.4. A bullish investor could look at EXC's 29.5 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), EXC's low point in its 52 week range is $35.57 per share, with $47.40 as the 52 week high point - that compares with a last trade of $43.33. Exelon Corp shares are currently trading off about 1.1% on the day. Click here to find out which 9 other oversold energy stocks you need to know about » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2018-12-27,27.6297,27.9746,27.1627,27.9619,
EXC,2018-12-28,28.0245,28.2883,27.8564,27.9366,
EXC,2018-12-31,27.9619,28.1622,27.7558,28.1622,
EXC,2019-01-02,27.9619,28.0978,27.3796,27.5194,
EXC,2019-01-03,27.5877,27.832,27.3992,27.5506,
EXC,2019-01-04,27.2184,27.8681,27.1695,27.8623,"[""FirstEnergy (FE) to Lower Customer Bill Through Rate Review FirstEnergy CorporationFE recently announced that Public Service Commission (PSC) of West Virginia has approved new rates for the subsidiaries- Mon Power (\""MP\"") and Potomac Edison (\""PE\""). The agreement will lower electric rates by more than $77 million in 2019. The new rates are effective from Jan 1, 2019 to Dec 31, 2019. Customers to Benefit From Rate Reduction Utility companies are generally regulated in nature. These regulated companies are required to make investments toward addition, upgrade and maintenance of utility infrastructure. The utilities recoup the invested amount through rate revisions approved by the commissions. However, these companies frequently undertake initiatives to provide customers with lower bills. FirstEnergy will offer lower rates to West Virginia customers on the back of reduced costs for fuel, purchased power and energy efficiency programs lead. A typical residential customer that consumes 1,000 kilowatt-hours of electricity will receive reduction of 2.2% in monthly bills. The bill for West Virginia customers will drop to $105.83 from the current $108.25. The new rates will be 19% lower than national average. Federal Tax Cut Benefits Customers MP and PE provide electric service to West Virginia customers through traditional cost-based and regulated utility ratemaking. MP serves 385,000 customers in West Virginia and tries to provide better services with affordable cost. This will mark the second time in recent time when customers will receive reduced bills. In Sep 2018, monthly bills were reduced by $4, which includes effects of federal tax cut. In 2018, other large electric utilities like NextEra Energy, Inc NEE , Duke Energy Corp DUK and Exelon Corp EXC passed their tax benefits to customers to reward them with lower bills. Price Movement Shares of FirstEnergy have rallied 21.9% in the past year, against the industry 's decline of 0.5%. Zacks Rank FirstEnergy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . The Hottest Tech Mega-Trend of All Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce \""the world's first trillionaires,\"" but that should still leave plenty of money for regular investors who make the right trades early. See Zacks' 3 Best Stocks to Play This Trend >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Duke Energy Corporation (DUK): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report FirstEnergy Corporation (FE): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Notable ETF Inflow Detected - XLU, DUK, D, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $322.4 million dollar inflow -- that's a 4.0% increase week over week in outstanding units (from 155,970,000 to 162,170,000). Among the largest underlying components of XLU, in trading today Duke Energy Corp (Symbol: DUK) is up about 0.6%, Dominion Energy Inc (Symbol: D) is up about 1.2%, and Exelon Corp (Symbol: EXC) is up by about 0.6%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $47.37 per share, with $57.175 as the 52 week high point - that compares with a last trade of $52.58. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Here's Why Exelon (EXC) Is Profitable for Your Portfolio Earnings estimates for Exelon CorporationEXC have been revised upward in the past 90 days. The Zacks Consensus Estimate for 2019 has moved 2.3% north to $3.15. Chicago, IL-based Exelon is a utility services holding company operating through its subsidiaries. It has businesses across 48 states and the District of Columbia in the United States along with Canada. The company has a regulating presence in every stage of the energy operation comprising power generation, competitive energy sales, transmission and delivery. Let's focus on the factors that make Exelon a profitable bet. Price Appreciation: The stock has returned 15.5% in the past 12 months versus the industry 's decline of 0.5%. Zacks Rank & Surprise History: The company currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Its average four-quarter positive surprise is 2.08%. The company's long-term growth is pegged at 4.58%. VGM Score: The stock carries an impressive VGM Score of B. Here V stands for Value, G for Growth and M for Momentum with the score being a weighted combination of all three factors. Backtested results indicate that stocks with a favorable VGM Score of A or B coupled with a solid Zacks Rank offer the best investment bets. Strong Cash Flow: Exelon's strong free cash flow generation capacity will help it lower debt level by more than $3 billion in the next four years. Cash flow generation will also support organic utility growth and enable the company to increase dividend distribution rate. Investments and Cost Savings: Exelon plans to spend nearly $21 billion over the 2018-2021 period on regulated operations to improve reliability of operations. Such systematic investments in regulated assets will drive 7.4% rate base growth during the period. Since 2015, the company announced cost reductions of more than $900 million. Cost optimization programs and a planned closure of nuclear plants will lower operating and maintenance expenses. The company is targeting to lower operating and maintenance expenses by 3.7% during the 2018-2021 time frame. Other Stocks to Consider Some other top-ranked stocks from the same industry are Ameren Corp. AEE , Duke Energy Corp. DUK and Eversource Energy ES , each carrying a Zacks Rank of 2. Ameren delivered average earnings surprise of 15.40% in the last four reported quarters. The Zacks Consensus Estimate for 2018 earnings has moved 0.9% north to $3.40 over the past 60 days. Duke Energy pulled off average positive surprise of 3.18% in the trailing four reported quarters. The Zacks Consensus Estimate for 2018 earnings has been revised 0.4% upward to $4.74 over the past 60 days. Eversource came up with average beat of 1.42% in the previous four reported quarters. The Zacks Consensus Estimate for 2018 earnings has inched 0.3% up to $3.27 over the past 60 days. The Hottest Tech Mega-Trend of All Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce \""the world's first trillionaires,\"" but that should still leave plenty of money for regular investors who make the right trades early. See Zacks' 3 Best Stocks to Play This Trend >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Eversource Energy (ES): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-01-07,27.6747,28.0782,27.5877,27.9121,"[""Should Franklin LibertyQ U.S. Equity ETF (FLQL) Be on Your Investing Radar? Launched on 04/26/2017, the Franklin LibertyQ U.S. Equity ETF (FLQL) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market. The fund is sponsored by Franklin Templeton Investments. It has amassed assets over $384.48 M, making it one of the average sized ETFs attempting to match the Large Cap Blend segment of the US equity market. Why Large Cap Blend Large cap companies typically have a market capitalization above $10 billion. Overall, they are usually a stable option, with less risk and more sure-fire cash flows than mid and small cap companies. Blend ETFs are aptly named, since they tend to hold a mix of growth and value stocks, as well as show characteristics of both kinds of equities. Costs Expense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same. Annual operating expenses for this ETF are 0.25%, putting it on par with most peer products in the space. It has a 12-month trailing dividend yield of 1.81%. Sector Exposure and Top Holdings ETFs offer a diversified exposure and thus minimize single stock risk but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis. This ETF has heaviest allocation to the Information Technology sector--about 19.50% of the portfolio. Consumer Discretionary and Consumer Staples round out the top three. Looking at individual holdings, Exelon Corp (EXC) accounts for about 1.10% of total assets, followed by Nextera Energy Inc (NEE) and Procter + Gamble Co/the (PG). The top 10 holdings account for about 10.66% of total assets under management. Performance and Risk FLQL seeks to match the performance of the LibertyQ US Large Cap Equity Index before fees and expenses. The U.S. Large Cap Underlying Index seeks to achieve a lower level of risk and higher risk-adjusted performance than the Russell 1000 Index over the long term by applying a multi-factor selection process, which is designed to select equity securities from the Russell 1000 Index that have favorable exposure to four investment style factors quality, value, momentum and low volatility. The ETF has gained about 0.79% so far this year and is down about -2.67% in the last one year (as of 01/07/2019). In the past 52-week period, it has traded between $26.18 and $31.54. The ETF has a beta of 0.87 and standard deviation of 11.63% for the trailing three-year period. With about 250 holdings, it effectively diversifies company-specific risk. Alternatives Franklin LibertyQ U.S. Equity ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, FLQL is a good option for those seeking exposure to the Style Box - Large Cap Blend area of the market. Investors might also want to consider some other ETF options in the space. The iShares Core S&P 500 ETF (IVV) and the SPDR S&P 500 ETF (SPY) track a similar index. While iShares Core S&P 500 ETF has $151.13 B in assets, SPDR S&P 500 ETF has $242.48 B. IVV has an expense ratio of 0.04% and SPY charges 0.09%. Bottom-Line While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report FL-LBTY US EQ (FLQL): ETF Research Reports NextEra Energy, Inc. (NEE): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report ISHARS-SP500 (IVV): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports Procter & Gamble Company (The) (PG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for Jan 7, 2019 : CMCSA, ABEV, BAC, AMAT, GILD, FDC, MSFT, CTL, SYMC, QQQ, EXC, EMR The NASDAQ 100 After Hours Indicator is down -.69 to 6,487.56. The total After hours volume is currently 89,647,989 shares traded. The following are the most active stocks for the after hours session : Comcast Corporation ( CMCSA ) is unchanged at $35.43, with 5,228,801 shares traded. As reported by Zacks, the current mean recommendation for CMCSA is in the \""buy range\"". Ambev S.A. ( ABEV ) is +0.05 at $4.40, with 3,138,164 shares traded. ABEV's current last sale is 95.65% of the target price of $4.6. Bank of America Corporation ( BAC ) is unchanged at $25.56, with 3,096,864 shares traded. BAC's current last sale is 75.18% of the target price of $34. Applied Materials, Inc. ( AMAT ) is +0.37 at $34.67, with 2,481,710 shares traded. AMAT's current last sale is 75.37% of the target price of $46. Gilead Sciences, Inc. ( GILD ) is -0.1728 at $68.39, with 2,449,428 shares traded. As reported by Zacks, the current mean recommendation for GILD is in the \""buy range\"". First Data Corporation ( FDC ) is -0.1248 at $17.10, with 2,426,057 shares traded. As reported by Zacks, the current mean recommendation for FDC is in the \""buy range\"". Microsoft Corporation ( MSFT ) is +0.04 at $102.10, with 2,380,977 shares traded. As reported by Zacks, the current mean recommendation for MSFT is in the \""buy range\"". CenturyLink, Inc. ( CTL ) is +0.02 at $16.32, with 2,348,356 shares traded. CTL's current last sale is 81.6% of the target price of $20. Symantec Corporation ( SYMC ) is unchanged at $19.33, with 2,265,981 shares traded. SYMC's current last sale is 92.05% of the target price of $21. Invesco QQQ Trust, Series 1 ( QQQ ) is unchanged at $158.09, with 2,249,082 shares traded. This represents a 10.2% increase from its 52 Week Low. Exelon Corporation ( EXC ) is -0.53 at $44.17, with 2,098,834 shares traded. EXC's current last sale is 93.98% of the target price of $47. Emerson Electric Company ( EMR ) is unchanged at $60.17, with 2,057,636 shares traded. EMR's current last sale is 80.23% of the target price of $75. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-01-08,27.9248,28.3674,27.8066,28.343,"Exelon Unit Gets Approval to Increase Gas Rates in Maryland Exelon CorporationEXC recently announced that its unit Baltimore Gas & Electric Co. (""BGE"") has received necessary approval from the Maryland Public Service Commission to raise natural gas distribution rates for its natural gas customers in the state. Per the approval, monthly bill of an average residential customer will go up by $5.40 from this year. Approval Lower Than Claim Last year, BGE filed an application with the commission to recover the investment made since 2015/2016 to improve its gas distribution infrastructure. The original filing requested an annual rate increase of $85 million, which included a surcharge of $21.7 million and requested for a return on equity (ROE) of 10.5%. If the same has been approved with any change, the monthly rate would have gone up by $5.77. However, the Maryland Public Service Commission approved a rate increase of $64.9 million, including $21.7 million, resulting in a ROE of 9.8%. Impact of Rate Hike The rate hike will no doubt increase the yearly expenditure for the Baltimore Gas' natural gas customers in Maryland but is essential to maintain the quality of services and ensure safety in the natural gas distribution operation. Since 2016, BGE has replaced some sections of major transmission line that runs from western Baltimore County to Baltimore City. In addition, the company continued with repairs and preventive maintenance, adding smart devices inside pipes and equipment inspection that made a hike in distribution essential post June 2016 hike of $4.54 per month. However, the company believes that even with the rate revisions, the natural gas rates will be lower than what the customers paid a decade ago, primary due to the drop in in natural gas commodity prices. Long-Term Plans of Exelon Exelon has plans to invest nearly $21 billion over the 2018-2021 in its regulated operations, in a bid to improve reliability of its operations. Ongoing investment continues to strengthen operation and capability of the company for providing efficient service to its customers. Price Movement Exelon's shares have returned 17.2% in the past 12 months compared with its industry 's growth of 1.2%. Zacks Rank & Key Picks Exelon currently has a Zacks Ranks #3 (Hold). Some You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Some top-ranked stocks from the same industry are NextEra Energy, Inc. NEE , Dominion Energy D and Pinnacle West Capital Corporation PNW , each holding a Zacks Rank of 2 (Buy). NextEra Energy pulled off avera ge earnings surprise of 1.7% in the last four reported quarters. The Zacks Consensus Estimate for 2019 earnings has been revised 0.3% upward to $8.36 over the past 90 days. Dominion Energy pulled off average earnings surprise of 6.99% in the last four reported quarters. The Zacks Consensus Estimate for 2019 earnings has moved 0.5% north to $4.30 over the past 90 days. Pinnacle West Capital came up with positive earnings surprise in three of the trailing four quarters, the average being 6.15%. The Zacks Consensus Estimate for 2019 earnings has moved 2.5% north to $4.84 over the past 90 days. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dominion Energy Inc. (D): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-01-09,28.2179,28.3869,27.9932,28.1124,
EXC,2019-01-10,28.1935,28.6245,28.045,28.5921,
EXC,2019-01-11,28.5608,28.7485,28.4055,28.5921,These three ETFs have beaten S&P indexes while cutting risk The secret is having a diversified group of stocks with low price volatility The secret is having a diversified group of stocks with low price volatility.
EXC,2019-01-14,28.3117,28.3811,27.8163,28.1251,
EXC,2019-01-15,28.0567,28.725,28.0567,28.5921,
EXC,2019-01-16,28.4241,28.6185,28.2814,28.5989,
EXC,2019-01-17,28.6185,28.7807,28.4739,28.7367,"Notable ETF Inflow Detected - SPLV, EXC, WEC, CMS Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Invesco S&P 500 Low Volatility ETF (Symbol: SPLV) where we have detected an approximate $102.6 million dollar inflow -- that's a 1.3% increase week over week in outstanding units (from 170,750,000 to 172,900,000). Among the largest underlying components of SPLV, in trading today Exelon Corp (Symbol: EXC) is up about 0.1%, WEC Energy Group Inc (Symbol: WEC) is up about 0.6%, and CMS Energy Corp (Symbol: CMS) is higher by about 0.4%. For a complete list of holdings, visit the SPLV Holdings page » The chart below shows the one year price performance of SPLV, versus its 200 day moving average: Looking at the chart above, SPLV's low point in its 52 week range is $44.1561 per share, with $50.61 as the 52 week high point - that compares with a last trade of $47.88. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-01-18,28.7856,28.9684,28.6625,28.7739,
EXC,2019-01-22,28.7367,29.0982,28.5862,28.8813,"Agree To Purchase Exelon Corp At $40, Earn 5% Using Options Investors eyeing a purchase of Exelon Corp (Symbol: EXC) shares, but cautious about paying the going market price of $46.01/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $40 strike, which has a bid at the time of this writing of $2.00. Collecting that bid as the premium represents a 5% return against the $40 commitment, or a 2.5% annualized rate of return (at Stock Options Channel we call this the YieldBoost ). Selling a put does not give an investor access to EXC's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. And the person on the other side of the contract would only benefit from exercising at the $40 strike if doing so produced a better outcome than selling at the going market price. ( Do options carry counterparty risk? This and six other common options myths debunked ). So unless Exelon Corp sees its shares decline 14% and the contract is exercised (resulting in a cost basis of $38.00 per share before broker commissions, subtracting the $2.00 from $40), the only upside to the put seller is from collecting that premium for the 2.5% annualized rate of return. Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $40 strike is located relative to that history: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2021 put at the $40 strike for the 2.5% annualized rate of return represents good reward for the risks. We calculate the trailing twelve month volatility for Exelon Corp (considering the last 251 trading day closing values as well as today's price of $46.01) to be 17%. For other put options contract ideas at the various different available expirations, visit the EXC Stock Options page of StockOptionsChannel.com. In mid-afternoon trading on Tuesday, the put volume among S&P 500 components was 1.19M contracts, with call volume at 1.36M, for a put:call ratio of 0.88 so far for the day, which is unusually high compared to the long-term median put:call ratio of .65. In other words, there are lots more put buyers out there in options trading so far today than would normally be seen, as compared to call buyers. Find out which 15 call and put options traders are talking about today . Top YieldBoost Puts of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-01-23,28.9097,29.279,28.8882,29.2663,
EXC,2019-01-24,29.3484,29.3854,29.0358,29.325,These S&P 500 companies have had their sales estimates cut the most Analysts have good reason to expect slower sales and earnings growth in 2019 Analysts have good reason to expect slower sales and earnings growth in 2019.
EXC,2019-01-25,29.2106,29.365,28.8745,28.9928,"NextEra Energy's (NEE) Q4 Earnings & Revenues Lag Estimates NextEra Energy, Inc.NEE reported fourth-quarter 2018 adjusted earnings of $1.49 per share, lagging the Zacks Consensus Estimate of $1.51 by 1.3%. However, earnings were up 20.2% on a year-over-year basis. The year-over-year earnings growth was led by solid contribution from the NextEra Energy Resources segment. On a GAAP basis, NextEra Energy recorded earnings of 88 cents per share, down from $4.55 a year ago. NextEra Energy, Inc. Price, Consensus and EPS Surprise NextEra Energy, Inc. Price, Consensus and EPS Surprise | NextEra Energy, Inc. Quote Total Revenues In the fourth quarter, NextEra Energy's operating revenues were $4,390 million, lagging the Zacks Consensus Estimate of $4,431 million by 0.9%. However, the reported revenues were up 9.6% year over year. Proper execution of its operational and financial plans allowed NextEra Energy to report strong year-over-year results. Segmental Results Florida Power & Light Company : The segment's earnings came in at 85 cents per share, up 1.2% from 84 cents recorded in the prior-year quarter. Revenues amounted to $2,935 million, up 2% from the prior-year quarter. Continued investments to strengthen its operation not only increased the reliability of services but also allowed it to efficiently serve the expanding customer base. NextEra Energy Resources : Quarterly earnings from the segment came in at 66 cents per share, up 37.5% from 48 cents in the year-ago quarter. Revenues amounted to $1,463 million, up 29.7% from the prior-year quarter. Corporate and Other : The segment's operating loss in the reported quarter was 2 cents compared with 8 cents in the year-ago quarter. Highlights of the Release In the reported quarter, NextEra Energy's total operating expenses were down 14% from the prior-year level to $3,283 million. Interest expenses in the quarter were $709 million, up 83.2% from the year-ago period. In the reported quarter, Florida Power & Light Company's total average customer count went up by 71,000 on a year-over-year basis. NextEra Energy Resources expanded its contracted renewables backlog by adding 6,500 MW of renewable projects during the fourth quarter. Financial Update NextEra Energy had cash and cash equivalents of $638 million as of Dec 31, 2018 compared with $1,714 million on Dec 31, 2017. Long-term debt as of Dec 31, 2018 was $26.78 billion, down from $31.4 billion on Dec 31, 2017. Cash flow from operating activities in full-year 2018 was $6,593 million compared with $6,458 million in 2017. Guidance NextEra Energy reiterated its adjusted earnings guidance in the range of $8.00-$8.50 for 2019. The company's earnings are expected to grow at a compound annual rate of 6-8% per year through 2021, off its base of $7.70 in 2018. In addition, NextEra Energy continues to expect 2020 adjusted earnings per share in the range of $8.70-$9.20. It also expects its dividend per share to improve 12-14% per year through at least 2020, off a 2017 base of $3.93. NextEra Energy currently aims to add 10,100-16,500 MW of renewable power projects in its portfolio within the 2017-2020 time frame. Zacks Rank Currently, NextEra Energy carries a Zacks Rank #3 (Hold). You can see t the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Upcoming Releases Dominion Energy D is scheduled to report fourth-quarter 2018 results on Feb 1. The Zacks Consensus Estimate is pegged at 92 cents. Exelon Corp. EXC is slated to report fourth-quarter 2018 results on Feb 1. The Zacks Consensus Estimate is pegged at 58 cents. Eversource Energy ES is scheduled to announce fourth-quarter 2018 results on Feb 28. The Zacks Consensus Estimate stands at 75 cents. Our View Although NextEra Energy missed the Zacks Consensus Estimate for earnings and revenues, its focus on generating more electricity from renewable sources is visible from its initiatives. NextEra Energy continues to expand its clean electricity generation portfolio. Its latest ""30 by 30"" plan to install more than 30 million solar panels by 2030 will allow the company to continue as market leader in renewable power generation. The Hottest Tech Mega-Trend of All Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early. See Zacks' 3 Best Stocks to Play This Trend >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dominion Energy Inc. (D): Get Free Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Exelon Corporation (EXC): Get Free Report Eversource Energy (ES): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-01-28,29.0171,29.0796,28.6019,28.8188,
EXC,2019-01-29,28.9097,29.0425,28.7485,28.8471,
EXC,2019-01-30,28.7992,29.2858,28.7914,29.1296,"CMS Energy Corporation (CMS) Ex-Dividend Date Scheduled for January 31, 2019 CMS Energy Corporation ( CMS ) will begin trading ex-dividend on January 31, 2019. A cash dividend payment of $0.382 per share is scheduled to be paid on February 28, 2019. Shareholders who purchased CMS prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7% increase over prior dividend payment. The previous trading day's last sale of CMS was $50.99, representing a -5.26% decrease from the 52 week high of $53.82 and a 25.96% increase over the 52 week low of $40.48. CMS is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). CMS's current earnings per share, an indicator of a company's profitability, is $1.93. Zacks Investment Research reports CMS's forecasted earnings growth in 2018 as 7.76%, compared to an industry average of 8.9%. For more information on the declaration, record and payment dates, visit the CMS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CMS through an Exchange Traded Fund [ETF]? The following ETF(s) have CMS as a top-10 holding: NuShares Enhanced Yield US Aggregate Bond ETF ( NUMV ) First Trust North American Energy Infrastructure Fund ( EMLP ) Invesco S&P 500 Low Volatility ETF ( SPLV ). The top-performing ETF of this group is SPLV with an decrease of -2.31% over the last 100 days. NUMV has the highest percent weighting of CMS at 2.13%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-01-31,29.0982,29.9288,29.0122,29.8231,
EXC,2019-02-01,29.7656,29.8291,29.4235,29.6356,"[""Exelon (EXC) Reports Next Week: Wall Street Expects Earnings Growth Exelon (EXC) is expected to deliver a year-over-year increase in earnings on lower revenues when i t report s results for the quarter ended December 2018. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on February 8, 2019, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate This energy company is expected to pos t quarterly earnings of $0.58 per share in its upcoming report, which represents a year-over-year change of +5.5%. Revenues are expected to be $7.22 billion, down 13.8% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 1.46% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is subject to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time , and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for Exelon? For Exelon, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.10%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination indicates that Exelon will most likely beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Exelon would pos t earnings of $0.88 per share when it actually produced earnings of $0.88, delivering no surprise. Over the last four quarters, the company has beaten consensus EPS estimates two times. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Exelon appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Reaches Analyst Target Price In recent trading, shares of Exelon Corp (Symbol: EXC) have crossed above the average analyst 12-month target price of $47.68, changing hands for $47.76/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher - if things are looking up for the company, perhaps it is time for that target price to be raised. There are 11 different analyst targets contributing to that average for Exelon Corp, but the average is just that - a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $45.00. And then on the other side of the spectrum one analyst has a target as high as $50.00. The standard deviation is $1.616. But the whole reason to look at the average EXC price target in the first place is to tap into a \""wisdom of crowds\"" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with EXC crossing above that average target price of $47.68/share, investors in EXC have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $47.68 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Exelon Corp: The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com . Get the latest Zacks research report on EXC - FREE . The Top 25 Broker Analyst Picks of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-02-04,29.4802,29.5613,29.2233,29.5613,"Notable ETF Inflow Detected - SPLV, EXC, WEC, CMS Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Invesco S&P 500 Low Volatility ETF (Symbol: SPLV) where we have detected an approximate $126.8 million dollar inflow -- that's a 1.5% increase week over week in outstanding units (from 174,500,000 to 177,050,000). Among the largest underlying components of SPLV, in trading today Exelon Corp (Symbol: EXC) is down about 1.4%, WEC Energy Group Inc (Symbol: WEC) is down about 1.2%, and CMS Energy Corp (Symbol: CMS) is lower by about 1.1%. For a complete list of holdings, visit the SPLV Holdings page » The chart below shows the one year price performance of SPLV, versus its 200 day moving average: Looking at the chart above, SPLV's low point in its 52 week range is $44.1561 per share, with $50.61 as the 52 week high point - that compares with a last trade of $49.38. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-02-05,29.5095,29.66,29.365,29.5292,"Exelon (EXC) to Report Q4 Earnings: Is a Beat in Store? We expect Exelon CorporationEXC to pull off a positive earnings surprise when i t report s fourth-quarter 2018 earnings on Feb 8, before the opening bell. The utility recorded in-line earnings in the last reported quarter. Let's see how things are shaping up prior to this announcement. Why a Likely Positive Surprise? Our proven model shows that Exelon is likely to beat estimates in the to-be-reported quarter because it has the right combination of the following two key ingredients - a positive Earnings ESP and a favorable Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Earnings ESP : Exelon has an Earnings ESP of +0.10%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank : Exelon currently carries a Zacks Rank #3. Stocks with a solid Zacks Rank and a positive ESP have significantly higher chances of an earnings beat. Conversely, the Sell-rated stocks (#4 or 5) should never be considered going into an earnings announcement, especially when the company is seeing negative estimate revisions. Exelon Corporation Price and EPS Surprise Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote Factors to Consider The Zacks Consensus Estimate for the fourth quarter is 58 cents per share, which reflects year-over-year growth of 5.5%. Exelon is expected to benefit from higher rate base and new rates associated with completed rate cases. The company is undertaking some cost optimization programs, which in turn will lower operating and maintenance expenses. Its cost-management initiatives and operational efficiency are likely to have a positive impact on earnings. Upcoming Releases Here are a few other operators worth considering from the same industry , as these too have the right combination of elements to beat on earnings this reporting cycle. Ameren Corporation AEE is expected to release fourth-quarter results on Feb 14. It has an Earnings ESP of +1.68% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here . ALLETE Inc. ALE is expected to release fourth-quarter results on Feb 14. It has an Earnings ESP of +5.26% and a Zacks Rank of 2. Pinnacle West Capital Corporation PNW is expected to release fourth-quarter results on Feb 22. It has an Earnings ESP of +1.19% and a Zacks Rank of 2. Zacks' Top 10 Stocks for 2019 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year? Who wouldn't? Our annual Top 10s have beaten the market with amazing regularity. In 2018, while the market dropped -5.2%, the portfolio scored well into double-digits overall with individual stocks rising as high as +61.5%. And from 2012-2017, while the market boomed +126.3, Zacks' Top 10s reached an even more sensational +181.9%. See Latest Stocks Today >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Get Free Report Allete, Inc. (ALE): Free Stock Analysis Report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Ameren Corporation (AEE): Get Free Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-02-06,29.4235,29.6854,29.3415,29.5486,
EXC,2019-02-07,29.5741,30.0762,29.4548,30.0538,"[""NiSource, Inc (NI) Ex-Dividend Date Scheduled for February 08, 2019 NiSource, Inc ( NI ) will begin trading ex-dividend on February 08, 2019. A cash dividend payment of $0.2 per share is scheduled to be paid on February 20, 2019. Shareholders who purchased NI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.56% increase over prior dividend payment. The previous trading day's last sale of NI was $26.31, representing a -6.4% decrease from the 52 week high of $28.11 and a 17.25% increase over the 52 week low of $22.44. NI is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NI's current earnings per share, an indicator of a company's profitability, is -$.23. Zacks Investment Research reports NI's forecasted earnings growth in 2018 as 6.61%, compared to an industry average of 8.7%. For more information on the declaration, record and payment dates, visit the NI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to NI through an Exchange Traded Fund [ETF]? The following ETF(s) have NI as a top-10 holding: Nationwide Risk-Based U.S. Equity ETF ( RBUS ). The top-performing ETF of this group is RBUS with an increase of 0.38% over the last 100 days. It also has the highest percent weighting of NI at 0.67%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for February 8, 2019 : EXC, PSX, VTR, HAS, CBOE, ARNC, PSXP, EEFT, GT, CAE, COTY, BEP The following companies are expected to repor t earnings prior to market open on 02/08/2019. Visit our Earnings Calendar for a full list of expected earnings releases. Exelon Corporation ( EXC ) is reporting for the quarter ending December 31, 2018. The electric power utilities company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.58. This value represents a 5.45% increase compared to the same quarter last year. EXC missed the consensus earnings per share in the 4th calendar quarter of 2017 by -11.29%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for EXC is 15.17 vs. an industry ratio of 12.00, implying that they will have a higher earnings growth than their competitors in the same industry. Phillips 66 ( PSX ) is reporting for the quarter ending December 31, 2018. The oil refining company's consensus earnings per share forecast from the 9 analysts that follow the stock is $2.76. This value represents a 157.94% increase compared to the same quarter last year. In the past year PSX has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 24%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for PSX is 9.62 vs. an industry ratio of 17.40. Ventas, Inc. ( VTR ) is reporting for the quarter ending December 31, 2018. The reit company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.95. This value represents a 7.77% decrease compared to the same quarter last year. VTR missed the consensus earnings per share in the 1st calendar quarter of 2018 by -4.95%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for VTR is 15.73 vs. an industry ratio of 15.50, implying that they will have a higher earnings growth than their competitors in the same industry. Hasbro, Inc. ( HAS ) is reporting for the quarter ending December 31, 2018. The toy (game/hobby) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.68. This value represents a 26.96% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for HAS is 21.67 vs. an industry ratio of 19.50, implying that they will have a higher earnings growth than their competitors in the same industry. Cboe Global Markets, Inc. ( CBOE ) is reporting for the quarter ending December 31, 2018. The securities exchange company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.35. This value represents a 55.17% increase compared to the same quarter last year. CBOE missed the consensus earnings per share in the 4th calendar quarter of 2017 by -1.14%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for CBOE is 19.64 vs. an industry ratio of 24.20. Arconic Inc. ( ARNC ) is reporting for the quarter ending December 31, 2018. The mining company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.30. This value represents a 3.23% decrease compared to the same quarter last year. In the past year ARNC has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 6.67%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for ARNC is 13.88 vs. an industry ratio of -9.70, implying that they will have a higher earnings growth than their competitors in the same industry. Phillips 66 Partners LP ( PSXP ) is reporting for the quarter ending December 31, 2018. The oil refining company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.10. This value represents a 32.53% increase compared to the same quarter last year. PSXP missed the consensus earnings per share in the 4th calendar quarter of 2017 by -4.6%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for PSXP is 12.28 vs. an industry ratio of 30.40. Euronet Worldwide, Inc. ( EEFT ) is reporting for the quarter ending December 31, 2018. The financial services company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.21. This value represents a 13.08% increase compared to the same quarter last year. EEFT missed the consensus earnings per share in the 1st calendar quarter of 2018 by -2.94%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for EEFT is 22.26 vs. an industry ratio of 7.90, implying that they will have a higher earnings growth than their competitors in the same industry. The Goodyear Tire & Rubber Company ( GT ) is reporting for the quarter ending December 31, 2018. The rubber tire company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.60. This value represents a 39.39% decrease compared to the same quarter last year. GT missed the consensus earnings per share in the 3rd calendar quarter of 2018 by -10.53%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for GT is 8.68 vs. an industry ratio of 11.50. CAE Inc ( CAE ) is reporting for the quarter ending December 31, 2018. The aerospace and defense company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.25. This value represents a 13.64% increase compared to the same quarter last year. CAE missed the consensus earnings per share in the 2nd calendar quarter of 2018 by -4.76%. Zacks Investment Research reports that the 2019 Price to Earnings ratio for CAE is 22.38 vs. an industry ratio of 31.10. Coty Inc. ( COTY ) is reporting for the quarter ending December 31, 2018. The cosmetic & toiletries company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.22. This value represents a 31.25% decrease compared to the same quarter last year. In the past year COTY has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2019 Price to Earnings ratio for COTY is 11.45 vs. an industry ratio of 25.70. Brookfield Renewable Partners L.P. ( BEP ) is reporting for the quarter ending December 31, 2018. The electric power utilities company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.02. This value represents a 109.09% increase compared to the same quarter last year. The last two quarters BEP had negative earnings surprises; the lates t report they missed by -200%. Zacks Investment Research reports that the Price to Earnings ratio for BEP is 0.00 vs. an industry ratio of 12.00. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-02-08,28.8266,29.8525,28.7436,29.7997,"[""Exelon (EXC) Q4 Earnings Match Estimates Exelon (EXC) came out with quarterly earnings of $0.58 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this energy company would pos t earnings of $0.88 per share when it actually produced earnings of $0.88, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Exelon, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $8.81 billion for the quarter ended December 2018, surpassing the Zacks Consensus Estimate by 22.04%. This compares to year-ago revenues of $8.38 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call . Exelon shares have added about 6.7% since the beginning of the year versus the S&P 500's gain of 8%. What's Next for Exelon? While Exelon has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power o f earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Exelon was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.01 on $9.66 billion in revenues for the coming quarter and $3.15 on $31.05 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the top 33% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Get Free Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Posts In-Line Q4 Earnings, Beats on Revenues Exelon Corporation 's EXC fourth-quarter 2018 operating earnings of 58 cents per share were on par with the Zacks Consensus Estimate. The reported earnings were 3.6% higher than the year-ago figure of 56 cents. The company's year-over-year improvement in the bottom line was due higher utility earnings from ComEd and regulatory rate increases at PHI. On a GAAP basis, its quarterly earnings were 16 cents per share compared with $1.94 in the year-ago quarter. Total Revenues Exelon's total revenues of $8,814 million surpassed the Zacks Consensus Estimate of $7,222 million by 22.1%. Revenues also improved 5.4% from year-ago quarter. The improvement in revenues was due strong performance from Utility and Generation businesses. Exelon Corporation Price, Consensus and EPS Surprise Exelon Corporation Price, Consensus and EPS Surprise | Exelon Corporation Quote Highlights of the Release Exelon's total operating expenses increased 10.9% year over year to $8,107 million. The increase in expenses was due to higher power and fuel costs in the reported quarter. Interest expenses were $416 million, up 13.9% from $365 million in the year-ago quarter. Total electric customers served by the company at the end of 2018 increased 0.93% from the corresponding period of 2017. Exelon Utilities have a planned capital expenditure of $23 billion over the next four years, which will help it to strengthen its infrastructure and serve the expanding customer base more efficiently. Hedges Exelon's hedging program involves safeguarding of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Dec 31, 2018 was 89-92% for 2019 and 56-59% for 2020. Financial Highlights Cash and cash equivalents were $1,349 million as of Dec 31, 2018, up 50.2% from the Dec 31, 2017 level. Long-term debt was $34,075 million as of Dec 31, 2018, higher than $32,176 million in the corresponding period of 2017. In 2018, the company made capital investments of $7,594 million, marginally up from $7,584 million invested in the year-ago period. Guidance Exelon initiated its 2019 earnings per share guidance. Earnings are expected in the range of $3-$3.30 per share, whose mid-point of $3.15 is in line with the current Zacks Consensus Estimate for 2019 of $3.15. Zacks Rank Exelon currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Other Releases American Electric Power Co. AEP reported fourth-quarter 2018 operating earnings per share of 72 cents, in line with the Zacks Consensus Estimate. NextEra Energy, Inc. NEE reported fourth-quarter 2018 adjusted earnings of $1.49 per share, lagging the Zacks Consensus Estimate of $1.51 by 1.3%. Dominion Energy Inc. D reported fourth-quarter 2018 operating earnings of 89 cents per share, lagging the Zacks Consensus Estimate of 91 cents by 2.2%. The Hottest Tech Mega-Trend of All Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce \""the world's first trillionaires,\"" but that should still leave plenty of money for regular investors who make the right trades early. See Zacks' 3 Best Stocks to Play This Trend >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dominion Energy Inc. (D): Free Stock Analysis Report Exelon Corporation (EXC): Get Free Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Get Free Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for Feb 8, 2019 : GE, CVET, SYMC, GCI, CHK, CMCSA, LOW, SIRI, VFC, EXC, WEN, QQQ The NASDAQ 100 After Hours Indicator is down -3.83 to 6,909.3. The total After hours volume is currently 47,185,252 shares traded. The following are the most active stocks for the after hours session : General Electric Company ( GE ) is +0.01 at $9.82, with 8,467,567 shares traded. GE's current last sale is 81.83% of the target price of $12. Covetrus, Inc. ( CVET ) is -0.01 at $41.00, with 7,279,727 shares traded. Symantec Corporation ( SYMC ) is -0.0204 at $22.64, with 4,057,579 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2019. The consensus EPS forecast is $0.28. SYMC's current last sale is 101.75% of the target price of $22.25. TEGNA Inc. ( GCI ) is unchanged at $11.15, with 3,132,900 shares traded. GCI's current last sale is 92.92% of the target price of $12. Chesapeake Energy Corporation ( CHK ) is unchanged at $2.39, with 2,746,901 shares traded. Over the last four weeks they have had 6 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2018. The consensus EPS forecast is $0.17. CHK's current last sale is 79.67% of the target price of $3. Comcast Corporation ( CMCSA ) is -0.1287 at $37.47, with 2,040,180 shares traded. As reported by Zacks, the current mean recommendation for CMCSA is in the \""buy range\"". Lowe's Companies, Inc. ( LOW ) is +0.28 at $97.45, with 1,836,244 shares traded. As reported by Zacks, the current mean recommendation for LOW is in the \""buy range\"". Sirius XM Holdings Inc. ( SIRI ) is +0.01 at $5.94, with 1,566,713 shares traded. As reported in the last short interest update the days to cover for SIRI is 10.090378; this calculation is based on the average trading volume of the stock. V.F. Corporation ( VFC ) is -0.0233 at $85.76, with 1,405,867 shares traded. As reported by Zacks, the current mean recommendation for VFC is in the \""buy range\"". Exelon Corporation ( EXC ) is unchanged at $47.72, with 1,403,681 shares traded. Business Wire Reports: Exelon Reports Fourth Quarter and Full Year 2018 Results and Initiates 2019 Financial Outlook Wendy's Company (The) ( WEN ) is -0.0204 at $17.72, with 1,039,374 shares traded. As reported by Zacks, the current mean recommendation for WEN is in the \""buy range\"". Invesco QQQ Trust, Series 1 ( QQQ ) is -0.18 at $168.38, with 935,485 shares traded. This represents a 17.37% increase from its 52 Week Low. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp (EXC) Q4 2018 Earnings Conference Call Transcript Exelon Corp (NYSE: EXC) Q4 2018 Earnings Conference Call Feb. 08, 2019 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning. My name is Carol, and I will be your operator today. At this time, I would like to welcome everyone to the 2018 Fourth Quarter Exelon Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, we will have a question-and-answer session. (Operator Instructions) At this time, I would like to turn the call over to Dan Eggers, Senior Vice President of Corporate Finance at Exelon. Daniel L. Eggers -- Senior Vice President of Corporate Finance Thank you, Carol. Good morning, everyone, and thank you for joining our fourth quarter 2018 earnings conference call . Leading the call today are Chris Crane, Exelon's President and Chief Executive Officer, and Joe Nigro, Exelon's Chief Financial Officer. They're joined by other members of Exelon senior management team who will be available to answer your questions following our prepared remarks. We issued our earnings release this morning along with a presentation, both of which can be found in the Investor Relations section of Exelon's website. The earnings release and other materials, which we discuss during today's call, contain forward-looking statements and estimates that are subject to various risks and uncertainties. Actual results could differ from our forward-looking statements based on factors and assumptions discussed in today's material and comments made during this call. Please refer to today's 8-K and Exelon's other SEC filings for discussions of risk factors and factors that may cause results to differ from management's projections, forecasts and expectations. Today's presentation also includes references to adjusted operating earnings and other non-GAAP measures. Please refer to the information contained in the appendix of our presentation and our earnings release for reconciliations between the non-GAAP measures and the nearest equivalent GAAP measures. I will now turn the call over to Chris Crane, Exelon's CEO. Christopher M. Crane -- President, Chief Executive Officer & Director Thank you, Dan, and good morning, everyone. Thank you for joining us for our year-end 2018 call. Before I begin, I'd like to take a moment to thank our employees and those of other utilities who worked during the extremely cold weather to keep our communities safe and warm during the recent Polar Vortex. Our nuclear plants ran at nearly 100% during the week, the investment reliability made on our system made a difference and we had more than 500 crews out restoring service to customers in temperatures that reached a negative 23 degrees without including the wind chill factor. I'll start on slide five. 2018 was a great year for Exelon and its operating companies. We executed on our strategy and delivered on our commitments to customers, communities and shareholders. We are in a solid position to continue to bring value to our stakeholders in 2019. Our financial performance was strong. Full year GAAP earnings were $2.07 per share and adjusted operating earnings were $3.12 per share, well ahead of the original guidance range. Joe will walk through the details later in the call. Last year, we shared our goals for 2018, and I'm proud to report, we're able to meet those commitments. Utility and generation operations saw (ph) improvements in multiple categories. I'll get to those details in a few minutes. Last year, Exelon Utilities invested more than $5.5 billion in capital primarily in infrastructure and technology to provide a premier customer experience as well as improve reliability and resiliency, which resulted in higher customer satisfaction scores. We are also, effective on the regulatory front, completing 13 distribution and transmission cases in 2018. PHI was able to reach constructive settlements in all of its cases including Pepco and in Maryland -- Pepco in Maryland and DC for the first time since 1980s. We share the benefit of the tax reform with our 10 million customers, returning more than $675 million on an annual basis. Working with stakeholders to realize timely and fair regulatory outcomes helped us fund future investments in our system and continue to improve customer service. On the policy front, the Second and Seventh Circuit Court upheld the ZEC program in New York and Illinois. Although the plaintiffs have appealed to the Supreme Court, we expect these rulings to stand. New Jersey enacted the ZEC legislation, which will start this spring and we're still focused on preserving nuclear plants in Pennsylvania. The Public Utility Commission of Texas adopted the changes to the ORDC curve earlier this year. We are awaiting a decision from FERC on PJM's Fast Start proposal and on PJM's capacity market reform. And PJM is expected to file its reserve market reforms in coming months. These policies, each in their own way, better compensate our zero carbon nuclear fleet for the value it provides by addressing flaws in the existing energy and capacity markets. We are growing our dividend by 5% each year through 2020 with the Board raising the annual dividend to $1.45 per share on Monday. We are dedicated to corporate responsibility and supporting the communities we serve is an important part of who we are and what we do. As part of our partnership with the UN HeForShe initiative, we held an inaugural STEM initiative leadership academies (ph) for teenagers, in Chicago and Washington, DC. 95 girls participated in a week-long program designed to empower them through mentorship and creating opportunities to learn about STEMs. We are expanding this program in 2019. And 2018 was another record year for employee volunteerism and contributions. Our employees volunteered more than 240,000 hours last year, on average seven hours per employee, and donated nearly $13 million. In addition, Exelon donated more than $51 million to charitable organizations throughout our footprint. We are committed to providing a diverse and inclusive environment for our 34,000 employees. We were named a best company for diversity by Forbes, Black Enterprise magazine, DiversityInc and the Human Rights Campaign. We are also recognized for environmental stewardship. We received a score of A minus on both the CDP climate change and water surveys, the highest by any utility for each. We were named to the Dow Jones Sustainability Index for the 13th year in a row. And we had a series of commitments for the 2018 we delivered on. The task is for 2019 is beginning as big and I will cover those at the end of the call. On slide six we show the impact that Exelon management model has had on our utility operations. Each of our utilities have materially improved their operations since the merger with Constellation or PHI. To put this chart in perspective, ComEd has improved its overall reliability 60% since 2012. The hard work of our employees and the ability to share best practices across a large platform is paying off. In 2018, all four of our utilities ended up in top quartile for SAIFI, or outage frequency performance, with ComEd at top decile and PHI matching its best performance on record. Each utility achieved top quartile on CAIDI, or outage duration, except PECO, which missed top quartile by only one minute. BGE and ComEd performed in top decile. BGE and PECO had top decile performance in gas odor response for the sixth consecutive year and PHI delivered top decile performance for the second year in a row. This level of reliability just demonstrates that the investments we are making in our system are yielding positive results for our customers, but we still have more to do to confront climate change and our customer demands. Customer satisfaction was top quartile at least three of the four utilities ComEd, BGE and PHI had the best performance on record in call center satisfaction. ComEd and PHI scored in top decile for service level and BGE and PHI had their best performance on record. Our utilities in the Mid-Atlantic operated extremely well in the face of record-breaking rainfall. DC saw more than 5.5 feet of rain, Baltimore 6 feet and Philadelphia 8 feet of rain during last year. Our safety metrics improved over the year as a result of the actions we're taking to correct course. We will continue to focus on improving our performance in this area. Turning to our competitive business on slide seven. Our generation fleet performed very well in 2018 providing an abundance of clean electricity that our country needs. In fact, Exelon generated 1 out of every 9 clean megawatts in the United States, more than twice as many as any other generator. Our best-in-class nuclear fleet operated very well last year. Our capacity factor was 94.6%, exceeding 94% for the third year in a row in five out of the last six years. We generated the most nuclear power ever at 159 million megawatt hours, avoiding more than 82 million metric tons of greenhouse gas emission in 2018. Our average outage duration was 21 days, a new Exelon record and 13 days better than the industry average. Exelon Power's gas and hydro dispatch match, 98.1%, and wind and solar capture, 96.1%, were better than plan. In October, we acquired the Everett LNG import facility and in December we received a cost of service order from FERC on Mystic Units 8 and 9, which together will allow us to provide fuel security in New England market through May of 2024. Our Mystic units were critical in keeping the lights on during the extreme cold temperatures we saw in January and February of last year. At Constellation, our C&I operating metrics remain strong: 78% customer renewal rates, average customer duration of more than six years; and power contract terms of 24 months on average. We continue to see stable unit margins with our power customers and continued focus on cost is helping us support operating margins. Constellation's strength lies in its durable relationship with its customers. That relationship is more than just power and gas but is built on Constellation's unique ability to help our customers meet their energy needs, while also reaching their environmental and sustainability goals. Now I'll turn it over to Joe. Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer Thank you, Chris, and good morning, everyone. Today I will cover our 2018 results, annual updates to our financial disclosures and 2019 guidance. Starting with slide number eight. We had another strong year. For the fourth quarter, we earned $0.16 per share on a GAAP basis and $0.58 per share on a non-GAAP basis. For the full year, we earned $3.12 per share on a non-GAAP basis, which is at the midpoint of our revised full year guidance of $3.05 to $3.20 per share and $0.07 above our original midpoint. Exelon Utilities outperformed our full year plan due to higher distribution and transmission revenues, with the early resolution of rate cases at Pepco and favorable weather. This was partially offset by the first quarter winter storms. ExGen performed in line with guidance. Realized gains at our nuclear decommissioning trust funds were offset by several factors unique to 2018, including higher allocated transmission costs. Overall, we delivered well in our financial commitments. Turning to slide nine. It shows an overview of our 2018 rate case outcomes. Across our utilities we received final orders in eight distribution cases. We reached settlements in six of the cases: at PECO; Delmarva, Delaware on the electric and gas sides; Delmarva, Maryland and Pepco Maryland in DC, which is the first time we've had settlements at Pepco since the 1980s. Additionally, ComEd received 100% of its ask for the second year in a row. And finally, in early January, the Maryland PSC approved 78% of the ask in BGE's gas distribution case. Our focus on improving the reliability and service levels is reflected in our rate case outcomes across our jurisdictions. On slide 10 we compare the 2018 trailing 12 month blended transmission and distribution earned ROEs to 2017. Our constructive rate case results and the roll-off of the FAS 109 charge drove the improved earns -- earned returns this year. We are encouraged by PHI's ongoing improvement with earned ROEs improving by 70 basis points to 140 basis points. Exelon Utilities earned a combined 9.7% ROE, up year-over-year. We remain focused on achieving our utility earnings growth targets by improving the earned ROEs at PHI and sustaining strong performance at our other utilities. We expect that all our utilities will earn in a 9% to 10% range in 2019. On slide 11 we roll forward our outlook for utility CapEx and rate base growth covering 2019 to 2022. Since the merger with PHI in 2016, we have invested more than $16 billion in our utilities and plan to invest nearly $23 billion over the next four years. As Chris said, these investments are improving our system reliability, service experienced by our utility customers and preparing us for the future. As a reminder, the CapEx budgets we share with you reflect identified and approved projects. As we move through time, we generally find more investment due to additional system needs. When we compare our 2019 to 2021 CapEx outlook versus the same period last year, we plan to invest an additional $1.5 billion of CapEx for the benefit of our customers. This additional capital is spread across our utilities, with the biggest increase at our largest utility, ComEd. Since the PHI merger, we have added nearly $6 billion in rate base across the utilities. Over the next four years, we will grow our rate base 7.8% annually to $50.7 billion, adding $13.1 billion to rate base by 2022 or the equivalent of adding a utility almost the size of ComEd without paying a premium, issuing equity or obtaining merger approvals. Rate base is growing slightly faster than the 7.4% growth we projected last year. As a reminder, the bulk of our rate base growth is covered under either formula rates or mechanisms like capital trackers. These support our ability to make additional investments to strengthen our system and have the opportunity to earn a fair and timely return on our capital. Where we do not have these mechanisms, we will continue to work with stakeholders to establish more timely recovery tools. In the appendix, we provide a more detailed breakdown of the capital and rate base outlook for each utility, starting on slide 22. As you turn to slide 12, we continue to forecast strong utility less holding company EPS growth of 6% to 8%, even for the elevated -- even from the elevated 2018 starting point where we executed the midpoint of our guidance range -- we exceeded the midpoint of our guidance range by $0.09 per share. Compared to last year, the outlook for 2019 to 2021 has improved with all bands increasing by $0.05 per share. The durability of our industry leading earnings growth reflects a combination of strong rate base growth to support system needs for a more digital economy and growing environmental goals, along with concerted efforts to manage costs and are focused on modest customer bill in place (ph). On slide 13, we provide our gross margin update and current hedging strategy at the generation company. There is no change in total gross margin in 2019 from our last disclosure. Open gross margin increased $50 million due to improving spark spreads at ERCOT as well as higher prices at New York Zone A and NiHub which were offset by our hedges. During the quarter, we executed $50 million in power new business. In 2020, open gross margin is up $150 million due to higher prices in most of our regions. Given our hedged positions and execution of $100 million of new business, total gross margin increased by $50 million since last quarter. We are showing you 2021 for the first time today, which is down $250 million compared to 2020. The decline reflects lower power prices in PJM and ERCOT, plus lower capacity revenues in New England and PJM. Our power and non-power new business to go numbers for 2021 are consistent with prior years. I should point out that these disclosures are based on 12/31 pricing and do not reflect any impacts from recently approved ORDC curve changes in Texas. We've remained behind our ratable hedging program in all years. We ended the year 9% to 12% behind ratable in 2019, and 8% to 11% behind ratable in 2020, while we're $0.02 to $0.05 -- 2% to 5% behind ratable in 2021. When considering cross-commodity hedges, our open market length is primarily concentrated in the Midwest and Texas. We are comfortable maintaining a more open position given our balance sheet. Slide 14 shows our O&M and capital outlook at Generation. Our O&M forecast has been updated since our third quarter call, primarily to reflect the increased pension expense and the acquisition of the Everett Marine terminal that serves our Mystic units. Like others, the returns on our pension investments did not meet our planned returns, resulting in increased costs going forward. In total, these updates have added $75 million in O&M costs or about a 6% -- $0.06 per share drag in 2019 through 2021. However, we -- even with these cost pressures, we expect to see a 1% annual decline in O&M over the next four years. Compared to our previous disclosure, our 2019 to 2021 CapEx is up modestly. In 2019, due to timing delays for our Medway plant and some retail customer site at Solos (ph). In 2020, with modest increases in nuclear fuel costs related to the rising uranium prices where we have hedged with collars. We continue to look for ways to be more efficient in how we work and spend while maintaining the safety and reliability of the fleet. Slide 15 rolls forward exchange available cash flow outlook for 2019 through 2022. We expect cumulative available cash flow to be $7.8 billion, which is $200 million higher than our previous four year outlook. We will use the available cash flow from ExGen to primarily fund the increased utility investment, pay down debt and cover a small portion of the dividends. We will invest approximately $600 million in growth capital, which is primarily customer-cited solar projects at Constellation and, as I mentioned, the completion of the West Medway plant in New England this quarter. As I mentioned earlier, we have identified additional capital investment at our Utilities. As a result, we have significantly increased the amount of equity going into the Utilities from ExGen by $700 million to a range of $4 billion to $4.4 billion. We will use between $300 million and $500 million of ExGen's free cash flow to fund the dividend not covered by the Utilities. As the Utilities continue to grow, ExGen's portion of the dividend decreases even as the dividend itself grows. Finally, we've planned to retire between $2.2 billion and $2.8 billion of debt. With our strong credit metrics exceeding our internal targets, we felt it made more sense to shift cash planned for debt reduction to instead support the higher value-adding and needed investments at our utilities. A big part of our value proposition is our unique ability to redeploy strong free cash flow from Generation to fund utility growth without needing to go to the equity market. This remains a differentiated advantage to our peers. Moving on to slide 16. We remain committed to maintaining a strong balance sheet and our investment grade credit ratings. We are comfortably ahead of our corporate targets for FFO to debt and well above the agency's downgrade threshold. As you are aware, Exelon and its operating companies are on CreditWatch Positive at both S&P and Fitch. Looking at ExGen, we are well ahead of our debt to EBITDA target of 3 times in 2019. We expect to be at 2.4 times debt to EBITDA and 1.9 times debt to EBITDA on a recourse basis. We are actively following the PGE bankruptcy process. PGE is the sole offtaker of our Antelope Valley Solar Ranch or AVSR facility, which was funded by Exelon's DOE loans and project financing that are non-recourse to Exelon. We, along with other owners of renewable generation under contract with PG&E, recently received a FERC order affirming the Commission's role to approve any modifications to existing PPAs which PG&E has challenged in the bankruptcy court. We will remain diligent in protecting the contractual value of AVSR and the role what assets like ours have in California's clean energy future. From an earnings perspective, AVSR provides $0.03 per share to Exelon in operating earnings and is not significant to our credit metrics given the non-recourse financials. Finally, I will conclude with our 2019 earnings guidance on slide 17. We are providing 2019 adjusted operating earnings guidance of $3 to $3.30 per share. Growth in earnings at the Utilities is driven by the continued increase in rate base as we deploy capital for the benefit of our consumers, last year's completed rate cases and improvements in PHI's ROEs. The decline in Generation earnings is a combination of normalized Illinois ZEC revenues as we recognized $0.11 of 2017 Illinois ZEC revenues in the first quarter of 2018 and lower realized energy prices, which are partially offset by increased ZEC revenues in New Jersey and New York as well as fewer planned nuclear outages. As you think about our 2019 earnings, the most notable new updates include the $0.05 per share increase to our utility earnings bands, the $0.02 to $0.03 of pension expense at ExGen due to worse than expected plan performance in 2018, as well as a roughly $0.03 per share drag from the recent Everett LNG facility acquisition, which represents a negative near-term impact, but is a positive value driver in future with the Mystic cost of service contract beginning in 2022. These impacts are reflected in our O&M and other expense data in the appendix. We expect first quarter operating earnings to be in a range of $0.80 to $0.90 per share. More detail on the year-over-year drivers by operating company can be found in the appendix starting on slide 61. I will now turn the call back to Chris for his closing comments. Christopher M. Crane -- President, Chief Executive Officer & Director Thanks, Joe. Turning to slide 18. I want to discuss our key focus areas for 2019. We will continue to deliver operational excellence across our businesses, focusing on modernizing the grid and improving the customer experience at our utilities and running our generation fleet safely and reliably. We will meet or exceed our financial commitments, including achieving earnings within our guidance range and maintaining our investment grade rating. At the Utilities, we will prudently and effectively deploy $5.3 billion of capital to benefit our customers. And we will file rate cases with the goal of achieving the 9% to 10% earned ROEs across Exelon utility families by year-end. Building upon successes in Delaware, DC, Maryland and Pennsylvania, we will advocate for policies in our state legislatures and our commissions that will enable the utility of the future and help meet the needs of our customers. At Generation, a number of our nuclear plants are economically challenged due to market flaws that fail to value zero carbon nuclear energy for its environmental and grid resiliency benefits. As you know, we plan to retire TMI later this year, and as a reminder, all of the Dresden and portions of the Braidwood and Byron plants did not clear last year's PJM auction. We will continue to engage with stakeholders on stay policies while advocating broader market reforms at the federal level. We will support PJM price formation changes like Fast Start and reserve market reforms, with our states to implement the expected FERC order on PJM capacity reforms and preserve the authority of our states to advance their clean energy policies and continue our efforts to seek fair compensation for zero-emitting nuclear plants. We'll continue to grow our dividend at 5% annually through 2020 and we'll be a partner and ally in the communities we serve. Being a good corporate citizen for our customers, communities and employees is key to who we are. Finally, turning to slide 19. I will close on the value proposition that highlights our strategy and our commitment to shareholders. We have updated some of the numbers, but the proposal -- proposition remains the same. We'll continue to focus on growing our utilities, targeting a 7.8% growth -- rate base growth and a 6% to 8% earnings growth through 2022, rolling forward another year at above the Group trajectory. We'll continue to use free cash flow from ExGen to fund incremental equity needs of the Utilities, pay down debt and fund part of the growing dividend. We will continue to optimize value of our Genco business by seeking fair compensation for our zero-emitting generation fleet, selling assets where it makes sense to accelerate debt reduction plans and maximizing value through the gen to load match strategy at Constellation. We will sustain strong investment grade metrics and we'll grow the dividend annually at 5% through 2020. The strategy underpins this value proposition is effective and providing tangible benefits for our stakeholders. We are well positioned for growth to capture additional upside though needed policy and market reforms are required. We are very confident about the prospects for Exelon in 2019 and beyond and we remain committed to optimizing the value of our business and earn your ongoing support at Exelon. With that, operator, we can now open the call up to questions. Thank you. Questions and Answers: Operator Thank you. (Operator Instructions) Our first question this morning comes from Greg Gordon from Evercore ISI. Please go ahead. Greg Gordon -- Evercore ISI -- Analyst Thanks, good morning. Christopher M. Crane -- President, Chief Executive Officer & Director Hey, Greg. Greg Gordon -- Evercore ISI -- Analyst On the utility side of the business, obviously a pretty meaningful increase in capital opportunities across the entire set of companies. What's the expected bill impact of the increase in spending? And as you look at the long term, and -- how much more sort of customer experience enhancing types of capital programs are you contemplating that are also affordable as we think about the opportunity, not just this year to execute on this new capital plan, but to continue to evolve your plan? Anne R. Pramaggiore -- Senior Executive Vice President & Chief Executive Officer of Exelon Utilities Good morning, Greg. It's Anne Pramaggiore. I'll start with your first question. We -- when put our capital plans together our (inaudible) we look at what the needs are in front of us. We challenge ourselves on O&M, and if you can look at the O&M trajectory, it's about 0.3% increase over that four year period. And we always look at affordability. And we've got eight bills on the distribution rate side and four of them -- excuse me, three of them are roughly flat over that period that we've showed you. Four of them are trending less than inflation and one of them will come in right at inflation and that's a combination of managing our O&M and also our energy efficiency programs, which are becoming a bigger and bigger part of our package here. So that's basically what we're looking at in terms of affordability. The other question that we ask ourselves is, are there vulnerable groups inside that average that we look at in terms of billing and rates. And we -- so we've been looking hard at the low income side and a lot of our initiatives include enhanced low income programs along with it. So that's what we're looking at in terms of affordability bills that are staying at or well below inflation and also looking at low income. In terms of looking forward, we think about investment in really three buckets. One is reliability and resiliency, just the core basics and improving the material condition of our systems, the safety of our systems, and as the economy changes and we've got more and more parts of the economy leaning on the electric system, how do you ensure that reliable and resilient. The second area is really adapting to renewables and distributed generation. We've got a lot of flexibility and dynamism to add to the grid in order to be able to deal with the kinds of changes that we'll see in terms of supply coming from many different places and many different actors and demand being much more volatile, so thinking about sensors on the system, artificial intelligence, distributed intelligence on the system that allow us to move operations on our assets from 16 to 18 cycles down to six to eight cycles, that sort of thing. And then the last area is really thinking about electrification of transportation and what we need to do to the system to -- in expectation of that kind of shift. So those are the areas that we think about and look at. We watch our stakeholders very closely. We're starting to see legislation and policy come out of DC in December, big piece of policy there. Pennsylvania came out with a clean energy and greenhouse gas reduction executive order in January. And so we watch what our stakeholders and our policymakers are telling us and how they're directing us. Greg Gordon -- Evercore ISI -- Analyst Thanks. I'll ask one more and then go to the back of the queue. Joe, I know that we're focused on the strong '18 performance in the '19 outlook, but I think it's sort of deja vu all over again with people just focused on the 2021 rollout, sort of the guidance pieces for ExGen and once again we see, as we have in prior years, pretty significant backwardation and what the current state of play is for the earnings outlook for ExGen based on the algebra you gave in the deck. It's $0.20 headwind on total gross margin, probably $0.05 to offset through to O&M but still much like we've seen in past updates that are sort of two years forward, but it looks like today, significant pressures on ExGen margin. What can you tell investors about how you feel about that as you think we roll into real time over the next two years? Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer Greg, I appreciate the question. The first thing is, we're not in the business of giving EPS guidance beyond the prompt year. But having said that, I think as you've seen through time, our earnings have improved each year when you look at forward years and by the time we get to those, in the realized time period. When you look at the gross margin in '21 versus '20, there's a -- the two big drivers, very simply, are, as you mentioned, one is the backward dated price curve and obviously for us, the biggest impact is that NiHub and West Hub, and Jim could talk for a while about what we're doing -- we are aggressively managing our portfolio. You see that we're behind our ratable plan. Actual spot prices last year, obviously, we're very, very strong. And then secondly, Kathleen and her team are working very aggressively on policy reforms as well as PJM and others. And so I don't think the story has been fully written there. And obviously we have a very large open position. The second piece of it is, it's driven really by capacity, and some of it's on -- in New England, where the prices were lower year-over-year, and in PJM, where we had lower volumes clear year-over-year. But from my lens, I think the strength of our balance sheet affords us strategic and operational flexibility and hedging is -- less hedging is an example of that. And through time, we've continued to improve our earnings and we'll continue to work hard to do that in '21. Christopher M. Crane -- President, Chief Executive Officer & Director So... Greg Gordon -- Evercore ISI -- Analyst Okay. Thank you, guys. Christopher M. Crane -- President, Chief Executive Officer & Director Just to add on. I mean, just to summarize that. You've got low -- minimal liquidity in those years -- those '21 out -- '20, and '21 and out. You build the liquidity as you go through the prompt year into the next year and you see the curves come up and that's been the pattern. Until we get these market reforms in -- if it's moving the plants in Illinois or some amount of plants in Illinois to FRR, so we can get better capacity treatment that matches the states' environmental needs or if you look at price formation that's working through, you look at reserve curves being revised, there's a lot of activity going, so that's why we're keeping more of an open position. We believe the market will strengthen. Thank you, Chris. Thanks. Operator Our next question comes from Steve Fleishman from Wolfe Research. Please go ahead. Steve Fleishman -- Wolfe Research -- Analyst Hi, good morning. Christopher M. Crane -- President, Chief Executive Officer & Director Hi. Steve Fleishman -- Wolfe Research -- Analyst Couple of market structure questions -- Hi, Chris. The -- and first of all in Pennsylvania, in terms of any chance to get a ZEC? Could you give us an update there and when would something have to happen for you to not have to close TMI? Christopher M. Crane -- President, Chief Executive Officer & Director So, the activities that Kathleen is leading with the other operating companies in Pennsylvania are promising. We have some strong support. The -- it's going to have to move this spring. We have to order a core by May and we've let the stakeholders know that. So if we can get this through in that period of time, we will be able to save the unit. Short of that, we'll be beyond a return at the end of May. Steve Fleishman -- Wolfe Research -- Analyst And is there any sense on what the value -- targeted value of the ZEC is going to be in Pennsylvania? Kathleen L. Barron -- Senior Executive Vice President of Governmental and Regulatory Affairs & Public Policy I'll take that one. Steve, this is Kathleen. I think that is subject to discussions that are ongoing among the lawmakers now. So we don't have an estimate for you on how the program will look, how it will be priced. Those are all discussions that are progressing, as Chris said, with some promising outlook. Steve Fleishman -- Wolfe Research -- Analyst Okay. And then just -- and then just -- have to ask and probably hard to answer. Just any better sense of where FERC may come out on the capacity market reforms? Is there any hints of the changes at FERC and what happened with the New England auction and things like that where you might have a better idea? Kathleen L. Barron -- Senior Executive Vice President of Governmental and Regulatory Affairs & Public Policy I'll take that one as well. I don't think we have a better idea than we did on our last call of how they're going to come out. Clearly, there has been some delay in the schedule, and I think that's a function of the transition effort, the unfortunate death of the chairman, integrating a new commissioner, Commissioner (inaudible) announcing her plans for retirement. So while they have been able to get out a number of important orders, others have lagged and the capacity market order is among them. So I think as we're doing, as you're doing, looking at the tea leaves and trying to make an estimate of where we think things will land. But we really have no signal yet from then -- from them as to when we'll see their final decision in that docket. Steve Fleishman -- Wolfe Research -- Analyst Okay. Great. Thank you. Christopher M. Crane -- President, Chief Executive Officer & Director Thanks. Operator Our next question comes from Julien Dumoulin-Smith from Bank of America. Please go ahead. Julien Dumoulin-Smith -- Bank of America -- Analyst Hi, good morning. Can you hear me? Christopher M. Crane -- President, Chief Executive Officer & Director Yeah, hear you well. Good morning. Julien Dumoulin-Smith -- Bank of America -- Analyst Excellent. Congratulations, again. Wanted to follow up a little bit more on the utility side. Can you walk through some of the more specific dynamics for the longer date, the 2022 (ph) year? I mean that's just a pretty impressive jump at the end there. What exact dynamics -- and also what kind of earned ROEs are you embedding out there within the ranges? I mean, just perhaps once you get to '22, what are we going to be talking about with respect to the position of the utilities and also rate case schedule, et cetera? Anne R. Pramaggiore -- Senior Executive Vice President & Chief Executive Officer of Exelon Utilities Hi, Julien, it's Anne Pramaggiore. Let me start by giving you a sense of what the investment patterns look like and what's sort of I think driving the trending that you're seeing and then between Joe and I will talk about the ROEs. So we are -- there's a couple of things that are happening there. One of the -- one of the things that we've done in the last year, so we've gone through an accelerated our gas main replacement program. So we've moved them from 30 years to 20 years. And so you're seeing an acceleration of the gas investment. So that's one of the pieces that you're seeing trending there. One of the things that we're doing at PECO now is we're looking at some material condition upgrades, but we're also doing a program to upgrade for 4 kV feeders to 12 kV feeders in anticipation of more and more distributed generation coming on the system. You just can't put that stuff on the kind of some of the -- some of the feeders we've got in place right now. So that's one of the areas we're looking at. Another program at PECO is really enhancing the underground replacement program. Again -- our underground cable program. Again, some material condition work. I think you are pretty familiar with the -- most of the PHI work, we've got, DC PLUG, that we're getting started and we also are looking at some work, potentially coming through off of the new legislation that was passed in December. At BG&E, we've got some new EV investment that's coming through after the order that just came out of that commission. So some additional capital investment there. At ComEd, we're expanding the distribution automation program that we have in place. We're doing some more underground cable work and starting to invest across the Utilities on security investments. We've got about a program for security on our substations and cybersecurity, that's about $900 million across the utilities over that period, and some investment in some of our IT systems to get ready for, again, more flexible dynamic grids. So those are I think some of the things that you're looking at that's driving that capital trend. Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer And Julian, I would... Julien Dumoulin-Smith -- Bank of America -- Analyst And just to jump on quickly in there, what's driving that uptick from 2021 to 2022, though? Like what are the dynamics there, specifically? That's a pretty big jump. Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer So, Julien, it's Joe. Good morning. Specifically, to your question, the jump from 2021 to 2022, Anne went through each of the utilities, the investment that we're making into the rate base. That -- compounding of that investment is one component of it. The second thing is we have a rate case in PECO in '21 that has benefits in '22. And then the third thing is there's additional spending under the formula rate at ComEd. So those three things together get you to that outcome. Julien Dumoulin-Smith -- Bank of America -- Analyst Excellent. And then turning back to the other side of the business, real quickly, can you talk a little bit about Everett and the contribution on the ExGen side as you see that their cost of service kick in in '22? And then also how do you think about that asset align to -- even if Mystic were ultimately to be pulled out of the market, how do you think about the LNG asset itself contributing kind of more structurally then? Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer Yeah, I think, first of all, Julien, we acquired the Marine terminal in Q4. As I mentioned in my prepared remarks, the acquisition is earnings negative from 2019 to '21 driven by the increased O&M amounts, with about half of the $75 million increase in O&M or $0.03 a share being driven by Everett. The gross margin in from the facility is included in our open gross margin calculation in our hedge disclosure and isn't really material. What I would say is obviously the Mystic cost of service contract arrangement begins in 2022 and it effectively the whole thing is bundled and it becomes accretive at that time. We committed -- we had a capacity commitment prior to the last auction and we were committed to honoring that commitment and one way to do that was to acquire the facility. We were also very clear to your question about how would we treat it in the future. We're very clear that with any type of asset that isn't economically viable we're going to work for solutions and we'd just try to make that asset viable, but I think you've seen with our financial discipline that when we've had to we've taken the stance of making the necessary change. Julien Dumoulin-Smith -- Bank of America -- Analyst Excellent. Thank you very much all. Congrats, again. Christopher M. Crane -- President, Chief Executive Officer & Director Thanks. Operator Our next question comes from Michael Weinstein from Credit Suisse. Please go ahead. Michael Weinstein -- Credit Suisse -- Analyst Hi guys. Thanks for taking my question. Christopher M. Crane -- President, Chief Executive Officer & Director Hi, Michael. Michael Weinstein -- Credit Suisse -- Analyst Hey, just to be clear on the ROEs at PHI, you're saying that for all of 2019, you'll be at the 9% to 10% range or are you going to be -- or is that like a run rate at the end of the year? Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer That that will be -- by the end of the year we will be in that range of 9% to 10% and effectively, that will be the trailing 12 month at that time. Michael Weinstein -- Credit Suisse -- Analyst Got you. Okay. And then on the ORDC, I understand it's a dynamic issue and you're not going to provide a point number on it, but is -- one of the things -- we've tried to estimate it ourselves here around $25 million perhaps of improvements for Exelon. Just wondering if that's in the right ballpark of if you can give some kind of -- kind of hint as to where, what kind of impact you see you're thinking this might have on you. James McHugh -- Chief Executive Officer of Constellation and Executive Vice President of Exelon Right. And to be clear -- hi, it's Jim McHugh, Michael. To be clear, we're talking about ERCOT? Michael Weinstein -- Credit Suisse -- Analyst Yes. James McHugh -- Chief Executive Officer of Constellation and Executive Vice President of Exelon Okay. ERCOT ORDC. It is hard to put a pin point number on it. The way we're looking at it right now is even before the ORDC change, we've been talking about the tighter reserve margins and you've seen the CDR reports and we're in agreement with where they're coming in now that the -- the reserve margins for this upcoming summer look like there are somewhere between 7% and 8%. So I think with the ORDC changes you're just making the likelihood that scarcity is going to play a bigger role and where the summer prices go. We've seen the forward market move up since the end of Q3, about $15 for summer on peak. Over the last month or so, it's been more up and down and maybe a little higher, but more flattish. So I think the market has been moving around its expectation of just how many scarcity hours there is going to be, which to your point, is the hard thing to predict. It obviously depends on when whether you have coincidental high loads with generation outages or variable wind (ph). The one way to think about it perhaps is -- a single hour at $9,000 is $1 on the Kelly (ph) ATC price, it's about $13 or $14 on the summer on peak price. So I think what we're going to see the market do is really trade in a pretty volatile range. As the assessment of how many scarcity hours there may or may not be can drive that summer $15 at a time just by adding an hour or two. So to put an estimate on right now is really to say how many hours we think there's going to be. But I think the way we like to think about it is increase the likelihood and send the right price signal in times of tight market conditions. Christopher M. Crane -- President, Chief Executive Officer & Director And Michael, Jim is keeping a relatively significant open position and capability to extract value as we see volatility occur both in the forwards for the summer in '19 as well as we'll position ourselves well during that summer period. Michael Weinstein -- Credit Suisse -- Analyst Thank you very much for the help. Operator Our next question comes from Shar Pourreza from Guggenheim Partners. Please go ahead. Shar Pourreza -- Guggenheim Securities -- Analyst Hey, Joe and Chris. Christopher M. Crane -- President, Chief Executive Officer & Director Hey, Shar. Shar Pourreza -- Guggenheim Securities -- Analyst So just real quick on the O&M profile change. Post '22, should we kind of assume this is the new normal? And then as we're sort of thinking about some of the incremental revenue items that's not within plan that could help mitigate or at least support some of this O&M pressures especially as you are closer to 2021. Can you provide some color there? I mean, I think you mentioned Mystic is obviously one of it and LNG is another one. Is there sort of anything else we should be thinking about from the revenue offset side? Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer Yeah, the one thing I would say and obviously, we haven't given you a forecast of O&M '22 and beyond. But the one thing I would say and I made the comment in my prepared remarks, the debt cost of service agreement at Mystic kicks in the middle of 2022 and that would more than -- that would more than offset those cost of the O&M that we show you in '21. So effectively, we've turned into an accretive outcome as I said in my prepared remarks. Christopher M. Crane -- President, Chief Executive Officer & Director And the pension. As you know, the market for 2018 was not great on equities. December was pretty tough. We bought, we got some of that portion of that back in January. So we'll watch the pension, we'll watch the pension investments. The interest rate and the return on the fund is what will drive the other half of what we saw the increase on this year. So Everett and the pension. As far as our O&M discipline, we work through the out years. We are far less than 1% all across the Company and that's dealing with labor contracts at 2.5% wage increases and other inflation forces. So we do have a good plan on continuing to drive efficiency, hold cost down and maintain that inflation rate. It's much lower at the generating company than utilities, but still the utilities are less than 1%. Shar Pourreza -- Guggenheim Securities -- Analyst Okay, got it. And then just lastly -- Chris, that's helpful. And then as we are sort of thinking about the ExGen gross margin, I know we've talked about in the past maybe taking somewhat of a different approach when it comes to managing the portfolio, i.e., maybe operating some of the units more -- from a portfolio approach, right, so like maybe FitzPatrick or Nine Mile, right? Are we sort of seeing any impact from this in your outlook or is this sort of something you guys are still going through internally? And then I guess what I'm asking is also beyond FitzPatrick and Nine Mile, is there any sort of things we should be thinking about from taking a more holistic approach to the assets? James McHugh -- Chief Executive Officer of Constellation and Executive Vice President of Exelon Yeah, hi, it's Jim. I mean, if you're talking about New York, I think the way we're thinking about the portfolio in New York is the capacity -- the ZEC payment that we receive in New York has somewhat of an offsetting nature as energy prices rise. So we're out in the outer years. So we're looking to make sure we hedge our portfolio along the lines of where we think that index is going to set as the ZEC -- as the ZEC price sets according to the structure, the index structure in the ZEC. So really there is not much of a shift in our strategy. I think what we've been doing is finding opportunities in the nearby year or two on the energy side to understand if we think the market is slightly under-priced or slightly overpriced. And right now, recently we've seen a pretty strong move in New York prices and we've been getting some good hedges off in (inaudible) area to take advantage of those higher New York energy prices. Shar Pourreza -- Guggenheim Securities -- Analyst Well, I guess what I'm asking is, have you seen any synergies for having these two assets so close to each other? More from -- less from a dispatch and hedging but more from taking these systems, taking the units and operating them as one? So like there's clearly there are some synergies in there for owning these two assets so close to each other, right? Christopher M. Crane -- President, Chief Executive Officer & Director Yeah, I didn't get your question at first, so I'm sorry. Shar Pourreza -- Guggenheim Securities -- Analyst Yeah, no, that's OK. Christopher M. Crane -- President, Chief Executive Officer & Director So the nuclear team is evaluating that, what they can do as far as management, what they can do as far as warehousing. We have looked at combining security plans. That's a cost prohibitive item, but they're continuing to drive through that. There is definitely more synergies that we will be continuing to work on there as we complete the integration and the team has time to work through the regulatory process and the -- have time to make the investments to make these consolidations. Shar Pourreza -- Guggenheim Securities -- Analyst Perfect. And those synergies are incremental to plan. Christopher M. Crane -- President, Chief Executive Officer & Director Right. They will be if the ones that aren't included now. But there are also our initiatives that are under way across the nuclear fleet. We're looking at how we centralize warehouses versus having over-stock warehouses each site. There's a lot of initiatives under way right now to take advantage. As technology advances -- and built into the cost savings number now is an assumption that we centralize engineering since we have much more digital information and we can trend the equipment remotely versus having the engineers in the plant on the site. So there's things like that across the fleet that we're working on. Shar Pourreza -- Guggenheim Securities -- Analyst Perfect, Chris. That's what I was trying to get at. Thanks so much. Christopher M. Crane -- President, Chief Executive Officer & Director Thanks. Operator Our next question comes from Jonathan Arnold from Deutsche Bank. Please go ahead. Jonathan Arnold from Deutsche Bank. Please go ahead. Christopher M. Crane -- President, Chief Executive Officer & Director Hey, Jon. Jonathan Arnold -- Deutsche Bank -- Analyst Just a couple of things. On the O&M at ExGen, just when you look behind the numbers that obviously you have these new incremental pieces, are you still going after the $200 million in additional cost savings? Christopher M. Crane -- President, Chief Executive Officer & Director Yeah. Jonathan Arnold -- Deutsche Bank -- Analyst It was (inaudible) services that you shared at EEI. Christopher M. Crane -- President, Chief Executive Officer & Director Yeah, that's still in the plan. We have line of sight on that. We will continue -- and just to reemphasize, we're not going off plan on savings or efficiency. Two factors, pension, underperformance in the market required us to higher state O&M in Everett, which reverses out and provides greater revenues in the 2022 time frame. So these are -- these are the things we have line of sight of. It's not that the efficiency programs have been taking the pedal off of them. Jonathan Arnold -- Deutsche Bank -- Analyst Yes, I just wanted to check, Chris, because you're showing it slightly differently. So thank you for that. Christopher M. Crane -- President, Chief Executive Officer & Director Okay. We'll get with you to clarify that. Jonathan Arnold -- Deutsche Bank -- Analyst And secondly, I see you've removed the disclosures on New England sensitivities, and we realize this -- the Mystic contracts out in 2022. But just -- is that just smallness and -- to make it simpler or something else going on there? Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer No. There's really nothing else going on, Jon. So we made a decision to collapse the New England region into open gross margin because with the changes to that facility and the inputs of gas and so on and the associated contract change, the volume of our power generation output is falling, and then you've got the gas acquisition of Everett that we've talked about and that would all factor into that Everett calculation and you would see changes that were quite variable quarter to quarter. Most importantly, the overall gross margin is very small compared to the total gross margin we provide you in the disclosure. Jonathan Arnold -- Deutsche Bank -- Analyst Okay, thank you. And then could -- I don't know if this is timely or not, but, Chris, any update on sort of efforts to engage the legislature in Illinois coalition building, et cetera? I know -- we did notice the bill that seem to be very renewables only got flouted this week. So I was just curious if you have any comments you'd like to share on that. Christopher M. Crane -- President, Chief Executive Officer & Director Yes, it's very, very early in the legislative cycle. As you can imagine, we work within the coalitions within the state on what's needed to continue to advance the environmental stakeholders, the customers and sound investments. So we have our folks communicating in those coalitions and communicating with the legislative folks. Premature to say what it looks like at the end of the day. But they're at the beginning of the sausage making right now, and we'll continue to have productive conversations. Jonathan Arnold -- Deutsche Bank -- Analyst Is the FERC order sort of a prerequisite for actually something happening this year? Christopher M. Crane -- President, Chief Executive Officer & Director Not on the -- not on the utility side. And we are looking at other methods on the generation side. The FERC order definitely would be helpful to get out in a timely manner. But we don't need it. You can go to use the current statute and achieve what we think we can do -- want to do. Jonathan Arnold -- Deutsche Bank -- Analyst Okay. I'll leave at that. Thank you, Chris. Christopher M. Crane -- President, Chief Executive Officer & Director Thanks. Operator Our final question comes from Praful Mehta from Citigroup. Please go ahead. Praful Mehta -- Citigroup -- Analyst Thanks so much. Hi, guys. Christopher M. Crane -- President, Chief Executive Officer & Director Hey, Praful, how are you? Praful Mehta -- Citigroup -- Analyst Great. Thanks for this marathon session. So quickly on PJM, I guess one last piece that was left for Fast Start. So just wanted to get any color or view on timing of when that will come? We've been waiting for it for a while at this point. Kathleen L. Barron -- Senior Executive Vice President of Governmental and Regulatory Affairs & Public Policy Yeah, this is Kathleen. And I think that's within the scope of what I said earlier on the call. Unfortunately there are a number of matters that are lagging and that's one of them. And I think the transitions at the Commission have affected their ability to get big orders out. But just going back to the beginning of the Fast Start docket, recall, this is something that the FERC ask PJM to file. So we continue to feel confident about how it will turn out, even if it's going to take a little bit longer than we expected. Praful Mehta -- Citigroup -- Analyst Got you. Fair enough. And then, slide 15, that's very helpful, capital allocation slide that you provide. In that, if we think about all of these benefits that are potentially coming on the ExGen side, right, with Fast Start, ORDC, ZECs, all of them are incremental to the plan. How would we think about the allocation given you've kind of hit your utility investment targets, you're hitting your debt reduction targets? Where does the incremental capital that potentially comes through go in your mind going forward? Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer The answer in my mind I think is very similar to what you saw with the plan with the increase at the Utilities. Anne talked about the way she's thinking about the three buckets of investment at our Utilities and the benefits to our customers as it relates to those three buckets. We would continue to look at ways as we see projects that are beneficial for that. We would continue to look at investment there. And then I think additionally, that increment -- those incremental dollars continue to provide us operating and strategic flexibility and we've talked about what that's worth in the sense of our hedging and the opportunity to be more aggressive with that and other things. So we're going to continue to work hard to get those and I think it gives us a lot of opportunity. Praful Mehta -- Citigroup -- Analyst Got you. But share buyback is not one of those that's in the plan right now or contemplated in the plan. Christopher M. Crane -- President, Chief Executive Officer & Director No, it's not contemplated in the plan, but all investments are bounced (ph) off a share buyback before they're made. Praful Mehta -- Citigroup -- Analyst Got you. Perfect. Well, I appreciate it, guys. Thank you so much. Christopher M. Crane -- President, Chief Executive Officer & Director Well, I want to thank everybody, all of you for participating today. I want to thank you, our employees for another good year, both operationally and financially. So with that, we'll close out the call. And all, have a good weekend. Operator This does conclude today's conference. You may now disconnect. Duration: 64 minutes Call participants: Daniel L. Eggers -- Senior Vice President of Corporate Finance Christopher M. Crane -- President, Chief Executive Officer & Director Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer Greg Gordon -- Evercore ISI -- Analyst Anne R. Pramaggiore -- Senior Executive Vice President & Chief Executive Officer of Exelon Utilities Steve Fleishman -- Wolfe Research -- Analyst Kathleen L. Barron -- Senior Executive Vice President of Governmental and Regulatory Affairs & Public Policy Julien Dumoulin-Smith -- Bank of America -- Analyst Michael Weinstein -- Credit Suisse -- Analyst James McHugh -- Chief Executive Officer of Constellation and Executive Vice President of Exelon Shar Pourreza -- Guggenheim Securities -- Analyst Jonathan Arnold -- Deutsche Bank -- Analyst Praful Mehta -- Citigroup -- Analyst More EXC analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see ourTerms and Conditionsfor additional details, including our Obligatory Capitalized Disclaimers of Liability. 10 stocks we like better than Exelon When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Exelon wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of January 31, 2019 Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-02-11,29.7607,30.0166,29.7166,29.8477,"Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for February 12, 2019 Consolidated Edison Inc ( ED ) will begin trading ex-dividend on February 12, 2019. A cash dividend payment of $0.74 per share is scheduled to be paid on March 15, 2019. Shareholders who purchased ED prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.5% increase over prior dividend payment. The previous trading day's last sale of ED was $78.93, representing a -6.39% decrease from the 52 week high of $84.32 and a 10.98% increase over the 52 week low of $71.12. ED is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ED's current earnings per share, an indicator of a company's profitability, is $4.98. Zacks Investment Research reports ED's forecasted earnings growth in 2018 as 5.28%, compared to an industry average of 8.4%. For more information on the declaration, record and payment dates, visit the ED Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ED through an Exchange Traded Fund [ETF]? The following ETF(s) have ED as a top-10 holding: John Hancock Multifactor Utilities ETF ( JHMU ) First Trust Utilities AlphaDEX Fund ( FXU ) SPDR Select Sector Fund - Utilities ( XLU ) iShares U.S. Utilities ETF ( IDU ) Vanguard Utilities ETF ( VPU ). The top-performing ETF of this group is JHMU with an increase of 3.39% over the last 100 days. It also has the highest percent weighting of ED at 4.53%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-02-12,29.918,30.0381,29.6542,29.9238,"[""Notable ETF Inflow Detected - SPLV, EXC, WEC, CMS Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Invesco S&P 500 Low Volatility ETF (Symbol: SPLV) where we have detected an approximate $194.1 million dollar inflow -- that's a 2.2% increase week over week in outstanding units (from 177,050,000 to 180,900,000). Among the largest underlying components of SPLV, in trading today Exelon Corp (Symbol: EXC) is down about 0.2%, WEC Energy Group Inc (Symbol: WEC) is off about 0.1%, and CMS Energy Corp (Symbol: CMS) is lower by about 0.3%. For a complete list of holdings, visit the SPLV Holdings page \u00bb The chart below shows the one year price performance of SPLV, versus its 200 day moving average: Looking at the chart above, SPLV's low point in its 52 week range is $44.1561 per share, with $50.61 as the 52 week high point - that compares with a last trade of $50.53. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UNITIL Corporation (UTL) Ex-Dividend Date Scheduled for February 13, 2019 UNITIL Corporation ( UTL ) will begin trading ex-dividend on February 13, 2019. A cash dividend payment of $0.37 per share is scheduled to be paid on February 28, 2019. Shareholders who purchased UTL prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.37% increase over prior dividend payment. The previous trading day's last sale of UTL was $52.88, representing a -0.96% decrease from the 52 week high of $53.39 and a 26.24% increase over the 52 week low of $41.89. UTL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). UTL's current earnings per share, an indicator of a company's profitability, is $2.23. Zacks Investment Research reports UTL's forecasted earnings growth in 2019 as 3.36%, compared to an industry average of 8.4%. For more information on the declaration, record and payment dates, visit the UTL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""WEC Energy Group, Inc. (WEC) Ex-Dividend Date Scheduled for February 13, 2019 WEC Energy Group, Inc. ( WEC ) will begin trading ex-dividend on February 13, 2019. A cash dividend payment of $0.59 per share is scheduled to be paid on March 01, 2019. Shareholders who purchased WEC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.69% increase over prior dividend payment. The previous trading day's last sale of WEC was $75.03, representing a -0.6% decrease from the 52 week high of $75.48 and a 28.3% increase over the 52 week low of $58.48. WEC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). WEC's current earnings per share, an indicator of a company's profitability, is $4.06. Zacks Investment Research reports WEC's forecasted earnings growth in 2018 as 6.32%, compared to an industry average of 8.4%. For more information on the declaration, record and payment dates, visit the WEC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to WEC through an Exchange Traded Fund [ETF]? The following ETF(s) have WEC as a top-10 holding: First Trust North American Energy Infrastructure Fund ( EMLP ) iShares Morningstar Mid-Cap ETF ( JKI ) Principal Price Setters Index ETF ( PSET ) Invesco S&P 500 Low Volatility ETF ( SPLV ) Invesco Insider Sentiment ETF ( NFO ). The top-performing ETF of this group is PSET with an increase of 0.65% over the last 100 days. EMLP has the highest percent weighting of WEC at 10000%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""U.S. Senate proposal would block Saudi path to atomic weapon in nuclear deal By Timothy Gardner WASHINGTON, Feb 12 () - U.S. senators from both parties introduced a resolution on Tuesday requiring that any deal to share U.S. nuclear power technology with Saudi Arabia block the kingdom from making a nuclear weapon. Under the measure, any U.S. civilian nuclear cooperation agreement, or 123 agreement, with Saudi Arabia would prevent enrichment of uranium or reprocessing of plutonium made in reactors - two routes to making nuclear weapons. But with significant support, it would signal concern in Congress over Saudi-led bombing campaigns in Yemen and over the killing of U.S.-based Saudi journalist Jamal Khashoggi in the Saudi consulate in Istanbul in October. U.S. Energy Secretary Rick Perry has been holding quiet talks with officials from Saudi Arabia on sharing U.S. nuclear technology. U.S. President Donald Trump hosted nuclear power executives on Tuesday for talks on keeping the industry competitive on exports with France, China, and Russia. The Trump administration is trying to advance nuclear energy technology domestically and abroad as the industry suffers from plentiful supplies of cheap natural gas and high safety costs at home. A resolution could pressure the administration to push for a deal with tougher standards. \""If Saudi Arabia is going to get its hands on nuclear technology, it's absolutely critical that we hold it to the gold standard for non-proliferation,\"" Merkley said in a release. \""The last thing America should do is inadvertently help develop nuclear weapons for a bad actor on the world stage.\"" Riyadh has said it wants to be self-sufficient in producing nuclear fuel and that it is not interested in diverting nuclear technology to military use. But Saudi Crown Prince Mohammed bin Salman told CBS last year the kingdom will develop nuclear weapons if arch-rival Iran does. In previous talks, Saudi Arabia has refused to sign an agreement with Washington that would deprive it of enriching uranium. The Saudi embassy in Washington did not immediately respond to a request for comment. Last year Saudi Arabia put the United States on a shortlist with South Korea's state-run utility KEPCO, along with France, China and Russia to bid for a nuclear power project. The winner will likely be selected in 2019. U.S. reactor builder Westinghouse, owned by Brookfield Asset Management Inc, would likely sell nuclear technology to Saudi Arabia in any deal. Chris Crane, president and chief operating officer of Exelon Corp, the largest U.S. nuclear power operator, told reporters Trump was supportive in Tuesday's meeting with the executives but wanted them to clarify their expectations. Crane was joined by Daniel Poneman, head of uranium enrichment company Centrus Energy Corp and deputy energy secretary under former President Barack Obama, and John Hopkins, head of NuScale Power, a company developing small modular reactors. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-02-13,29.8477,29.9854,29.8261,29.9102,"[""Duke Energy Corporation (DUK) Ex-Dividend Date Scheduled for February 14, 2019 Duke Energy Corporation ( DUK ) will begin trading ex-dividend on February 14, 2019. A cash dividend payment of $0.928 per share is scheduled to be paid on March 18, 2019. Shareholders who purchased DUK prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DUK has paid the same dividend. The previous trading day's last sale of DUK was $90.23, representing a -1.23% decrease from the 52 week high of $91.35 and a 25.39% increase over the 52 week low of $71.96. DUK is a part of the Public Utilities sector, which includes companies such as Exelon Corporation ( EXC ) and Public Service Enterprise Group Incorporated ( PEG ). DUK's current earnings per share, an indicator of a company's profitability, is $4.1. Zacks Investment Research reports DUK's forecasted earnings growth in 2018 as 3.86%, compared to an industry average of 8.4%. For more information on the declaration, record and payment dates, visit the DUK Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DUK through an Exchange Traded Fund [ETF]? The following ETF(s) have DUK as a top-10 holding: SPDR Select Sector Fund - Utilities ( XLU ) VanEck Vectors Uranium & Nuclear Energy ETF ( NLR ) iShares U.S. Utilities ETF ( IDU ) Fidelity MSCI Utilities Index ETF ( FUTY ) First Trust North American Energy Infrastructure Fund ( EMLP ). The top-performing ETF of this group is XLU with an increase of 2.59% over the last 100 days. It also has the highest percent weighting of DUK at 8.74%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Allete, Inc. (ALE) Ex-Dividend Date Scheduled for February 14, 2019 Allete, Inc. ( ALE ) will begin trading ex-dividend on February 14, 2019. A cash dividend payment of $0.587 per share is scheduled to be paid on March 01, 2019. Shareholders who purchased ALE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.82% increase over prior dividend payment. The previous trading day's last sale of ALE was $76.96, representing a -7.08% decrease from the 52 week high of $82.82 and a 14.75% increase over the 52 week low of $67.07. ALE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ALE's current earnings per share, an indicator of a company's profitability, is $3. Zacks Investment Research reports ALE's forecasted earnings growth in 2018 as 6.11%, compared to an industry average of 8.4%. For more information on the declaration, record and payment dates, visit the ALE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ALE through an Exchange Traded Fund [ETF]? The following ETF(s) have ALE as a top-10 holding: Vanguard Russell 2000 Value ETF ( VTWV ) AGFiQ U.S. Market Neutral Anti-Beta Fund ( BTAL ) AGFiQ U.S. Market Neutral Size Fund ( SIZ ). The top-performing ETF of this group is BTAL with an increase of 4.56% over the last 100 days. VTWV has the highest percent weighting of ALE at 0.42%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-02-14,29.8798,30.0225,29.6796,29.8848,
EXC,2019-02-15,30.086,30.1349,29.9258,30.1349,"Ex-Dividend Reminder: Equinor, Target and Exelon Looking at the universe of stocks we cover at Dividend Channel , on 2/19/19, Equinor ASA (Symbol: EQNR), Target Corp (Symbol: TGT), and Exelon Corp (Symbol: EXC) will all trade ex-dividend for their respective upcoming dividends. Equinor ASA will pay its quarterly dividend of $0.23 on 2/28/19, Target Corp will pay its quarterly dividend of $0.64 on 3/10/19, and Exelon Corp will pay its quarterly dividend of $0.3625 on 3/8/19. As a percentage of EQNR's recent stock price of $23.14, this dividend works out to approximately 0.99%, so look for shares of Equinor ASA to trade 0.99% lower - all else being equal - when EQNR shares open for trading on 2/19/19. Similarly, investors should look for TGT to open 0.88% lower in price and for EXC to open 0.76% lower, all else being equal. Below are dividend history charts for EQNR, TGT, and EXC, showing historical dividends prior to the most recent ones declared. Equinor ASA (Symbol: EQNR) : Target Corp (Symbol: TGT) : Exelon Corp (Symbol: EXC) : In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recen t dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.98% for Equinor ASA, 3.52% for Target Corp, and 3.02% for Exelon Corp. In Friday trading, Equinor ASA shares are currently up about 2.2%, Target Corp shares are up about 0.7%, and Exelon Corp shares are up about 0.3% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-02-19,30.2237,30.3274,30.0166,30.2931,
EXC,2019-02-20,30.2033,30.4134,30.0723,30.2804,"[""Avista Corporation (AVA) Ex-Dividend Date Scheduled for February 21, 2019 Avista Corporation ( AVA ) will begin trading ex-dividend on February 21, 2019. A cash dividend payment of $0.387 per share is scheduled to be paid on March 15, 2019. Shareholders who purchased AVA prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.75% increase over prior dividend payment. The previous trading day's last sale of AVA was $41.58, representing a -21.41% decrease from the 52 week high of $52.91 and a 4.16% increase over the 52 week low of $39.92. AVA is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AVA's current earnings per share, an indicator of a company's profitability, is $1.79. Zacks Investment Research reports AVA's forecasted earnings growth in 2018 as 6.15%, compared to an industry average of 7.5%. For more information on the declaration, record and payment dates, visit the AVA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to AVA through an Exchange Traded Fund [ETF]? The following ETF(s) have AVA as a top-10 holding: Invesco S&P SmallCap Utilities & Communication Services ETF ( PSCU ) AGFiQ Hedged Dividend Income Fund ( DIVA ). The top-performing ETF of this group is DIVA with an increase of 0.72% over the last 100 days. PSCU has the highest percent weighting of AVA at 9.01%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Retail Unit Helps Southern Company (SO) Beat Q4 Earnings Power supplier Southern CompanySO reported fourth-quarter 2018 earnings per share (excluding certain one-time items) of 25 cents, a penny above the Zacks Consensus Estimate. The outperformance stemmed from favorable regulatory results and strength of its retail unit. However, Southern Company's bottom line witnessed a fall from the year-ago quarter's profit of 51 cents on lower sales from the wholesale segment. The Atlanta-based utility's quarterly revenue - at $5.3 billion - came 5.2% lower than the fourth-quarter 2017 sales but beat the Zacks Consensus Estimate of $4.9 billion. Southern Company (The) Price, Consensus and EPS Surprise Southern Company (The) Price, Consensus and EPS Surprise | Southern Company (The) Quote Overall Sales Breakup Southern Company's wholesale power sales decreased 5.3%. This was partially offset by the marginal rise in retail electricity demand amid favorable weather conditions and constructive regulatory results. Consequently, there was a downward movement in overall electricity sales and usage. In fact, total electricity sales during the fourth quarter was down 0.8% from the same period last year. Southern Company's total retail sales improved 0.7%, with residential and commercial sales going up by 3.7% and 0.1%, respectively. However, industrial sales declined 1.4%. Expenses Summary The power supplier's operations and maintenance cost increased 2% to $1.7 billion, while the utility's total operating expense for the period - at $4.8 billion - was down 3% from the prior-year level. Zacks Rank & Stock Picks Southern Company - one of the largest generators of electricity in the nation along with the likes of Exelon Corporation EXC and Duke Energy Corporation DUK - currently retains a Zacks Rank #2 (Buy). Apart from Southern Company, one can also look at another player in the space - Ameren Corporation AEE that also sports a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Ameren boasts of a good earnings surprise history. It has a 75% track of outperforming estimates over the last four quarters at an average rate of 8.6%. Zacks' Top 10 Stocks for 2019 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year? Who wouldn't? Our annual Top 10s have beaten the market with amazing regularity. In 2018, while the market dropped -5.2%, the portfolio scored well into double-digits overall with individual stocks rising as high as +61.5%. And from 2012-2017, while the market boomed +126.3, Zacks' Top 10s reached an even more sensational +181.9%. See Latest Stocks Today >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Southern Company (The) (SO): Free Stock Analysis Report Ameren Corporation (AEE): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""SPLV, KORU: Big ETF Inflows Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Invesco S&P 500 Low Volatility ETF ( SPLV ), which added 19,300,000 units, or a 10.7% increase week over week. Among the largest underlying components of SPLV, in morning trading today WEC Energy Group ( WEC ) is off about 0.2%, and Exelon Corporation ( EXC ) is relatively unchanged. And on a percentage change basis, the ETF with the biggest increase in inflows was the Daily MSCI South Korea Bull 3X Shares ( KORU ), which added 250,000 units, for a 38.5% increase in outstanding units. VIDEO: SPLV, KORU: Big ETF Inflows The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-02-21,30.1105,30.5882,30.0889,30.5071,"[""Eversource Energy (ES) Misses on Q4 Earnings, Beats Revenues Eversource EnergyES reported fourth-quarter 2018 operating earnings of 73 cents per share, lagging the Zacks Consensus Estimate of 75 cents. The reported figure also declined from the year-ago figure of 75 cents by 2.7%. Total Revenues Fourth-quarter revenues of $2,034.9 million topped the Zacks Consensus Estimate of $1,818 million by 11.9% and also increased from the year-ago figure of $1,895.5 million by 7.4%. Eversource Energy Price, Consensus and EPS Surprise Eversource Energy Price, Consensus and EPS Surprise | Eversource Energy Quote Highlights of the Release In 2018, electric and natural gas distribution increased 2.2% and 4.9% year over year, respectively. Operating expenses increased nearly 12.6% year over year to $1,634.9 million, primarily owing to higher expenses from purchased power, fuel and transmission, plus operation and maintenance costs. Operating income was down 9.9% to $400.1 million, while interest expenses were up 23.3% year over year to $126.1 million. Net income in the quarter under review was $231.3 million, down 2.6% from the year-ago level. Segmental Performance Electric Distribution: Earnings from this segment were down 26.7% from the prior-year quarter to $76.2 million. The downside was primarily attributable to the divestiture of Eversource Energy's New Hampshire fossil and hydro plants in 2018, along with higher depreciation, interest and property tax expenses, primarily in Connecticut. Electric Transmission: The bottom line of the segment decreased 4.7% year over year to $97.5 million. The downside was primarily attributable to a reduction in the benefits from tax reform compared with the prior-year quarter. Natural Gas Distribution : This segment's earnings were $43 million compared with $25.5 million in the year-ago quarter. The segment's impressive fourth-quarter results were primarily due to higher distribution margins and the impact of 2018 rate review at Yankee Gas Services Company. Water Distribution : Eversource Energy's water distribution segment, created after the company acquired Aquarion Water Company in December 2017, earned $4.5 million in fourth-quarter 2018. Eversource Parent & Other Companies : The segment earned $10.1 million compared with the year-ago earnings of $6.8 million. Guidance Eversource Energy expects its 2019 earnings guidance in the range of $3.40-$3.50 per share. The midpoint of management's 2019 EPS guidance is $3.45, which is in line with the current Zacks Consensus Estimate for the period. Long-term earnings growth of the company through 2023 is projected in the 5-7% band. Zacks Rank Eversource Energy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Other Releases Dominion Energy Inc. D reported fourth-quarter 2018 operating earnings of 89 cents per share, which lagged the Zacks Consensus Estimate of 91 cents by 2.2% Exelon Corporation's EXC fourth-quarter 2018 operating earnings of 58 cents per share were on par with the Zacks Consensus Estimate. NextEra Energy, Inc. NEE reported fourth-quarter 2018 adjusted earnings of $1.49 per share, lagging the Zacks Consensus Estimate of $1.51 by 1.3%. Today's Best Stocks from Zacks Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%. This outperformance has not just been a recent phenomenon. From 2000 - 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year. See their latest picks free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dominion Energy Inc. (D): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Eversource Energy (ES): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for Feb 21, 2019 : ITUB, VALE, EXC, MGM, WELL^I, ATVI, ROKU, MPC, SBUX, CROX, FB, CTSH The NASDAQ 100 After Hours Indicator is down -1.07 to 7,034.09. The total After hours volume is currently 44,068,610 shares traded. The following are the most active stocks for the after hours session : Itau Unibanco Banco Holding SA ( ITUB ) is unchanged at $10.03, with 6,057,592 shares traded. ITUB's current last sale is 100.3% of the target price of $10. VALE S.A. ( VALE ) is -0.08 at $11.95, with 4,946,867 shares traded.VALE is scheduled to provide an earnings report on 2/26/2019, for the fiscal quarter ending Dec2018. The consensus earnings per share forecast is 0.62 per share, which represents a 36 percent increase over the EPS one Year Ago Exelon Corporation ( EXC ) is unchanged at $48.49, with 3,229,159 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2019. The consensus EPS forecast is $0.63. , following a 52-week high recorded in today's regular session. MGM Resorts International ( MGM ) is +0.0112 at $28.36, with 3,221,272 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2019. The consensus EPS forecast is $0.28. As reported by Zacks, the current mean recommendation for MGM is in the \""buy range\"". Welltower Inc. (WELL^I) is +0.0103 at $65.90, with 2,858,654 shares traded. Activision Blizzard, Inc ( ATVI ) is unchanged at $41.90, with 2,711,695 shares traded. As reported by Zacks, the current mean recommendation for ATVI is in the \""buy range\"". Roku, Inc. ( ROKU ) is +3.19 at $54.67, with 2,089,727 shares traded. Business Wire Reports: Roku Releases Fourth Quarter and Fiscal Year 2018 Financial Results Marathon Petroleum Corporation ( MPC ) is unchanged at $64.66, with 2,062,714 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2019. The consensus EPS forecast is $2.5. MPC's current last sale is 68.06% of the target price of $95. Starbucks Corporation ( SBUX ) is +0.1 at $70.80, with 1,305,867 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2019. The consensus EPS forecast is $0.7. As reported by Zacks, the current mean recommendation for SBUX is in the \""buy range\"". Crocs, Inc. ( CROX ) is +0.0791 at $28.18, with 950,613 shares traded.CROX is scheduled to provide an earnings report on 2/28/2019, for the fiscal quarter ending Dec2018. The consensus earnings per share forecast is -0.22 per share, which represents a -41 percent increase over the EPS one Year Ago Facebook, Inc. ( FB ) is -0.06 at $159.98, with 940,256 shares traded. Over the last four weeks they have had 7 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2019. The consensus EPS forecast is $1.63. As reported by Zacks, the current mean recommendation for FB is in the \""buy range\"". Cognizant Technology Solutions Corporation ( CTSH ) is +0.11 at $71.45, with 927,864 shares traded. As reported by Zacks, the current mean recommendation for CTSH is in the \""buy range\"". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-02-22,30.5756,30.77,30.4818,30.6634,
EXC,2019-02-25,30.8012,30.808,30.3176,30.4621,"Exelon (EXC) Shares Cross 3% Yield Mark Looking at the universe of stocks we cover at Dividend Channel , in trading on Monday, shares of Exelon Corp (Symbol: EXC) were yielding above the 3% mark based on its quarterly dividend (annualized to $1.45), with the stock changing hands as low as $48.21 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF ( SPY ) back on 12/31/1999 - you would have paid $146.88 per share. Fast forward to 12/31/2012 and each share was worth $142.41 on that date, a decrease of $4.67/share over all those years. But now consider that you collected a whopping $25.98 per share in dividends over the same period, for a positive total return of 23.36%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.6%; so by comparison collecting a yield above 3% would appear considerably attractive if that yield is sustainable. Exelon Corp (Symbol: EXC) is an S&P 500 company, giving it special status as one of the large-cap companies making up the S&P 500 Index. In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Exelon Corp, looking at the history chart for EXC below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 3% annual yield. Click here to find out which 9 other dividend stocks just recently went on sale » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-02-26,30.6019,30.6703,30.3732,30.5502,
EXC,2019-02-27,30.4182,30.6947,30.3488,30.3869,"5 Dividend Stocks That Haven’t Yet Rallied But Will By Brett Owens We contrarians stayed calm through the marketaEURtms fourth quarter hissy fit . We not only held onto our shares through November and December but we also added dividend payers opportunistically to our portfolios. Now, itaEURtms time for us to be a bit more conservative. Most US stocks have rallied so much that they are now aEURoeoverbought.aEUR This means theyaEURtmve gone up pretty far pretty fast and are due for a breather (or, perhaps, another correction). Of course certain elite dividend growers are still good long-term buys at current prices (arenaEURtmt they always). And a select five-pack of these picks also represents solid short-term purchases as well. Why should you care about the short run? Well, maybe you shouldnaEURtmt! Getting the near term right isnaEURtmt a requirement for a successful retirement, after all. However, if you are speculating on short term moves aEUR"" such as selling put options, or writing covered calls, or simply trading in days, weeks and months aEUR"" then you should pay attention to timing. I do this for my Options Income Alert subscribers. We pick out dividend growers that fulfill the following criteria: We have identified a aEURoedividend magnetaEUR ready to pull the current share price higher. WeaEURtmd like to own the stock at a discount to its current price. And my research and indicators favor these stocks in particular in the weeks and months ahead. LetaEURtms start with the first concept because itaEURtms the most important. Dividends are magnets that pull their share prices along with them. If youaEURtmre looking for the stock marketaEURtms tail that wags the dog, pay attention to the payouts attached to a given share price. Regardless of what the stock market does during any given trading session (or month, or whatever), we can stack the income odds in our favor by only selling puts on dividend growers weaEURtmd be thrilled to buy at a discount anyway. For example, letaEURtms consider Texas Instruments ( TXN ) , which has increased its payout (orange line below) by an amazing 600% over the last decade. Its stock price (blue line) was pulled higher by its payout: TXNaEURtms Dividend Magnet The best time to buy a stock like TXN is nearly anytime. But we can aEURoecherry pickaEUR our entries (and put option sales) by focusing on times when TXNaEURtms yield is higher than usual. These spikes in yield tend to be temporary and they often point out good dips to buy: Buy the Dip (or High Relative Yield) Moving on, in an overbought environment like this one, it helps to look for the laggards. LetaEURtms consider regional monopoly Exelon ( EXC ) , which took a beating eleven years ago when natural gas prices collapsed. Since then this rare aEURoegrowth utilityaEUR has steadily gotten things together under CEO Chris CraneaEURtms leadership. (And a competent manager is often all you need when you have a regional monopoly. Crane is excellent.) After years of paying a steady but static dividend, EXC recently raised its payout for the fourth year in a row. Wall Street is beginning to appreciate this unfolding aEURoedividend growthaEUR story: EXCaEURtms Dividend Growth Drives Share Price Growth Next letaEURtms order up a quick growing fast food company that its parent probably wished it still owned. Twenty-one years ago, PepsiCo ( PEP ) spun off its restaurant business into a separate company. A $10,000 investment in Yum Brands ( YUM ) at that time would be worth more than $230,000 today. Yum has run circles around its old parent and aEURoegold archesaEUR industry standard McDonaldaEURtms ( MCD ) too: Mouth Watering Returns for Yum YumaEURtms secret? ItaEURtms bet heavily on international growth and expansion for the past two decades. Its KFC brand was the first Western fast food company to open a restaurant in China. Today, YumaEURtms overseas KFCs, Taco Bells, Pizza Huts and WingStreets account for about half of the firmaEURtms total profits. The firm has hiked its dividend payout by 40% over the past two years. As long as it keeps deploying Colonel Sanders internationally, shareholders should continue to enjoy higher dividends and higher share prices. Next up we have a company growing its free cash flow (FCF) by 117% over five years and its dividend by 167%. WouldnaEURtmt that thrill any investor? Not so for hedge fund mega-shareholder D.E. Shaw & Co., which believed that LoweaEURtms (LOW) could do better. Two years ago, the firm posted cameras in LoweaEURtms parking lots, compared them with images from top rival Home Depot (HD) and took LoweaEURtms management team to task for underperforming the competition! Not Busy Enough Last July the new-look board of directors installed Marvin Ellison, a respected Home Depot veteran, as new boss. And Ellison was, well, less than impressed with what he saw. He popped by a store and asked a group of associates how theyaEURtmd manage a particular kitchen project for their customer. They took him to the back of the store to show him their project management system aEUR"" a dry erase board. aEURoeWell, the customer doesnaEURtmt have a dry erase board,aEUR replied Marvin. aEURoeSo how do they keep track of the project?aEUR They replied: aEURoeWell, Marvin, we give them a binder.aEUR How veryaEUR The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-02-28,30.3371,30.6947,30.255,30.5686,"[""SPLV, AXJV: Big ETF Outflows Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco S&P 500 Low Volatility ETF ( SPLV ), where 12,550,000 units were destroyed, or a 6.3% decrease week over week. Among the largest underlying components of SPLV, in morning trading today Exelon Corporation ( EXC ) is up about 0.4%, and Nextera Energy ( NEE ) is up by about 0.1%. And on a percentage change basis, the ETF with the biggest outflow was the iShares Edge MSCI Min Vol Asia ex Japan ETF ( AXJV ), which lost 100,000 of its units, representing a 28.6% decline in outstanding units compared to the week prior. Among the largest underlying components of AXJV, in morning trading today Alibaba Group Holding ( BABA ) is off about 1.5%, and Infosys (INFY) is lower by about 0.1%. VIDEO: SPLV, AXJV: Big ETF Outflows The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Evergy, Inc. (EVRG) Ex-Dividend Date Scheduled for March 01, 2019 Evergy, Inc. ( EVRG ) will begin trading ex-dividend on March 01, 2019. A cash dividend payment of $0.475 per share is scheduled to be paid on March 20, 2019. Shareholders who purchased EVRG prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of EVRG was $55.49, representing a -9.18% decrease from the 52 week high of $61.10 and a 9.04% increase over the 52 week low of $50.89. EVRG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). EVRG's current earnings per share, an indicator of a company's profitability, is $2.37. Zacks Investment Research reports EVRG's forecasted earnings growth in 2019 as 7.94%, compared to an industry average of -2.5%. For more information on the declaration, record and payment dates, visit the EVRG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EVRG through an Exchange Traded Fund [ETF]? The following ETF(s) have EVRG as a top-10 holding: Invesco Russell Midcap Pure Value ETF ( PXMV ) Nationwide Risk-Based U.S. Equity ETF ( RBUS ). The top-performing ETF of this group is PXMV with an increase of 0.29% over the last 100 days. It also has the highest percent weighting of EVRG at 1.64%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top Analyst Reports for Comcast, Deere & Exelon Thursday, February 28, 2019 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Comcast (CMCSA), Deere (DE) and Exelon (EXC). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today's research reports here >>> Comcast 's shares have outperformed the S&P 500 in the past year, gaining +6.4% vs. +2.9%. The Zacks analyst thinks Comcast is benefiting from solid growth in residential high-speed Internet customers. Expanding Wi-Fi coverage along with innovative xFi control features is improving customer experience. The company's Xfinity Mobile is now used by more than one million customers. Additionally, Green Book 's Best Picture Oscar win bodes well for Comcast division Universal Pictures. Further, the Sky acquisition expands Comcast's international reach. Notably, the company will enter the streaming market through NBCUniversal's upcoming service. However, the streaming market is highly competitive and significant investment is needed to gain footprint. Hence, incremental spending on content can hurt Comcast's margin expansion. Moreover, the company continues to lose voice and video subscribers due to cord-cutting. Additionally, high debt level is a headwind. (You can read the full research report on Comcast here >>> ). Shares of Deere have increased +11.7% over the past six months, outperforming the S&P 500, which has declined -3.6% over the same period. Deere's first-quarter fiscal 2019 adjusted earnings and revenues rose on a year-over-year basis aided by demand growth in key markets. Earnings missed expectations while revenues beat the same. For fiscal 2019, Deere projects net sales growth of 7% year over year and net income of $3.6 billion. The Zacks analyst thinks the company will benefit from improving construction markets and growing replacement demand for agricultural equipment. The acquisition of Wirtgen, which enhances Deere's exposure to global transportation infrastructure, will be a catalyst. Introduction of advanced technologies in its products will fuel growth. Raw material cost inflation, elevated expenses and unfavorable foreign currency impact will hurt margins in the near term. Nevertheless, Deere remains well poised for long-term growth backed by population and urbanization growth. (You can read the full research report on Deere here >>> ). Exelon 's shares have gained +30.4% in the past year, outperforming the S&P 500 which has gained +2.9% over the same period. Although Exelon's earnings per share during the fourth quarter were in line with estimates, the bottom line improved from the year-ago level. The improvement was due to new rates at PHI and higher energy efficiency earnings at ComEd. The Zacks analyst thinks Exelon is likely to benefit from its $23-billion planned capital investment, focus on zero-emission electricity generation and cost savings. The company continues with its hedging program to manage market risks and protect the value of its generation. Strong cash flow generation capacity will help it lower debt levels and increase value of its shareholders. However, Exelon is subject to the impact of commodity price volatility and price fluctuation in the wholesale markets. Stringent government regulation is also a cause of concern. (You can read the full research report on Exelon here >>> ). Other noteworthy reports we are featuring today include Monster Beverage (MNST), Hormel Foods (HRL) and Newmont (NEM). Zacks' Top 10 Stocks for 2019 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year? Who wouldn't? Our annual Top 10s have beaten the market with amazing regularity. In 2018, while the market dropped -5.2%, the portfolio scored well into double-digits overall with individual stocks rising as high as +61.5%. And from 2012-2017, while the market boomed +126.3, Zacks' Top 10s reached an even more sensational +181.9%. See Latest Stocks Today >> Mark Vickery Senior Editor Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trendsand Earnings Previewreports. If you want an email notification each time Sheraz publishes a new article, please click here>>> Today's Must Read High Speed Internet Subscriber Gains Benefit Comcast (CMCSA) Favorable Demand, Acquisitions Drive Deere (DE), Costs Ail Regulated Investments, Cost Management Aid Exelon (EXC) Featured Reports Monster (MNST) Poised to Gain From Strong Energy Drinks Unit Per the Zacks analyst, Monster Beverage sports strength at its energy drinks category, mainly driven by Monster Energy brand. Debt Cuts, Investment in Growth Projects Aid Newmont (NEM) The Zacks analyst is impressed with Newmont's efforts to reduce debt and improve efficiency. BioMarin (BMRN) Focuses on Palynziq Launch & Gene Therapy The U.S. launch of BioMarin's newest rare disease drug Palynziq's is progressing well. Its growing pipeline focus towards gene therapy agents encourages the Zacks analyst. Project Investments Aid Entergy (ETR), Operational Risks Hurt Per the Zacks analyst, Entergy's disciplined investments in growth projects bolsters growth prospects. Twilio (TWLO) Rides on Product Strength, Expanding Clientele Per the Zacks analyst, Twilio's firm focus on introducing products is leading to a robust expansion of its existing clientele and first-time deals with the new ones, thereby aiding its topline. Customer Additions and Investment Aid Atmos Energy (ATO) Per Zacks analyst Atmos Energy's planned $9-$10B investment in next five years, along with expansion in customer volumes and new rates will drive performance of the company. Avis Budget (CAR) Benefits from Partnerships, Fleet Growth The Zacks analyst believes that expansion of connected cars fleet has helped Avis Budget streamline operations and reduce costs. New Upgrades Chemed (CHE) Gains Ground on Strong Roto-Rooter Business The Zacks analyst is bullish about Chemed's Roto-Rooter arm seeing consistent growth on strength in the core plumbing and drain cleaning service segments as well as solid water restoration business. Strength in Service & Custodial Units Aid HealthEquity (HQY) Strong growth in Service and Custodial segments boost HealthEquity. The Zacks analyst is also optimistic about solid growth in HSA (Health Savings Account) members. Acquisitions Likely to Keep Driving Hormel Foods (HRL) Units Per the Zacks analyst, Hormel Foods' refrigerated foods and international units are gaining from buyouts. Notably, the buyouts of Columbus and Fontanini are expected to continue fueling performance. New Downgrades Sluggish New Vehicle Retail Sales Weigh on AutoNation (AN) Per the Zacks analyst, weakness in few major markets and huge availability of off-lease used vehicles lowered sales generated by AutoNation's new vehicle retail unit. Weakness in China, Rise in Costs Hurt A. O. Smith (AOS) Per the Zacks analyst, A. O. Smith is struggling with low sales of electric water heaters & air purifiers with high selling, general & administrative costs in China. Rise in steel prices is a concern. Mounting Costs and Risky Loans Hurt KeyCorp (KEY) Profits Per the Zacks analyst, increasing costs mainly due to rise in personal expenses are likely to hurt KeyCorp's bottom-line growth. Moreover, substantial exposure to real estate loans remains a concern. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Newmont Mining Corporation (NEM): Free Stock Analysis Report Monster Beverage Corporation (MNST): Free Stock Analysis Report Hormel Foods Corporation (HRL): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Deere & Company (DE): Free Stock Analysis Report Comcast Corporation (CMCSA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-03-01,30.639,30.7172,30.4075,30.5375,"The Zacks Analyst Blog Highlights: Comcast, Deere and Exelon For Immediate Release Chicago, IL - March 1, 2019 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Comcast CMCSA , Deere DE and Exelon EXC . Here are highlights from Thursday's Analyst Blog: Top Analyst Reports for Comcast, Deere and Exelon The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Comcast (CMCSA), Deere (DE) and Exelon (EXC). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today's research reports here >>> Comcast 's shares have outperformed the S&P 500 in the past year, gaining +6.4% vs. +2.9%. The Zacks analyst thinks Comcast is benefiting from solid growth in residential high-speed Internet customers. Expanding Wi-Fi coverage along with innovative xFi control features is improving customer experience. The company's Xfinity Mobile is now used by more than one million customers. Additionally, Green Book 's Best Picture Oscar win bodes well for Comcast division Universal Pictures. Further, the Sky acquisition expands Comcast's international reach. Notably, the company will enter the streaming market through NBCUniversal's upcoming service. However, the streaming market is highly competitive and significant investment is needed to gain footprint. Hence, incremental spending on content can hurt Comcast's margin expansion. Moreover, the company continues to lose voice and video subscribers due to cord-cutting. Additionally, high debt level is a headwind. Shares of Deere have increased +11.7% over the past six months, outperforming the S&P 500, which has declined -3.6% over the same period. Deere's first-quarter fiscal 2019 adjusted earnings and revenues rose on a year-over-year basis aided by demand growth in key markets. Earnings missed expectations while revenues beat the same. For fiscal 2019, Deere projects net sales growth of 7% year over year and net income of $3.6 billion. The Zacks analyst thinks the company will benefit from improving construction markets and growing replacement demand for agricultural equipment. The acquisition of Wirtgen, which enhances Deere's exposure to global transportation infrastructure, will be a catalyst. Introduction of advanced technologies in its products will fuel growth. Raw material cost inflation, elevated expenses and unfavorable foreign currency impact will hurt margins in the near term. Nevertheless, Deere remains well poised for long-term growth backed by population and urbanization growth. Exelon 's shares have gained +30.4% in the past year, outperforming the S&P 500 which has gained +2.9% over the same period. Although Exelon's earnings per share during the fourth quarter were in line with estimates, the bottom line improved from the year-ago level. The improvement was due to new rates at PHI and higher energy efficiency earnings at ComEd. The Zacks analyst thinks Exelon is likely to benefit from its $23-billion planned capital investment, focus on zero-emission electricity generation and cost savings. The company continues with its hedging program to manage market risks and protect the value of its generation. Strong cash flow generation capacity will help it lower debt levels and increase value of its shareholders. However, Exelon is subject to the impact of commodity price volatility and price fluctuation in the wholesale markets. Stringent government regulation is also a cause of concern. Other noteworthy reports we are featuring today include Monster Beverage (MNST) and Newmont (NEM). Zacks' Top 10 Stocks for 2019 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year? Who wouldn't? Our annual Top 10s have beaten the market with amazing regularity. In 2018, while the market dropped -5.2%, the portfolio scored well into double-digits overall with individual stocks rising as high as +61.5%. And from 2012-2017, while the market boomed +126.3, Zacks' Top 10s reached an even more sensational +181.9%. See Latest Stocks Today >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com http://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss . This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Comcast Corporation (CMCSA): Free Stock Analysis Report Deere & Company (DE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-03-04,30.6136,30.7084,30.258,30.4818,
EXC,2019-03-05,30.4251,30.5502,30.3615,30.4621,
EXC,2019-03-06,30.4818,30.5756,30.2981,30.4681,"Public Service Enterprise Group Incorporated (PEG) Ex-Dividend Date Scheduled for March 07, 2019 Public Service Enterprise Group Incorporated ( PEG ) will begin trading ex-dividend on March 07, 2019. A cash dividend payment of $0.47 per share is scheduled to be paid on March 29, 2019. Shareholders who purchased PEG prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.44% increase over prior dividend payment. The previous trading day's last sale of PEG was $59.33, representing a -0.59% decrease from the 52 week high of $59.68 and a 28.45% increase over the 52 week low of $46.19. PEG is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). PEG's current earnings per share, an indicator of a company's profitability, is $4.32. Zacks Investment Research reports PEG's forecasted earnings growth in 2019 as 4.1%, compared to an industry average of .4%. For more information on the declaration, record and payment dates, visit the PEG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PEG through an Exchange Traded Fund [ETF]? The following ETF(s) have PEG as a top-10 holding: VanEck Vectors Uranium & Nuclear Energy ETF ( NLR ) John Hancock Multifactor Utilities ETF ( JHMU ) SPDR Select Sector Fund - Utilities ( XLU ) Invesco S&P 500 Equal Weight Utilities ETF ( RYU ) iShares U.S. Utilities ETF ( IDU ). The top-performing ETF of this group is XLU with an increase of 5.7% over the last 100 days. NLR has the highest percent weighting of PEG at 6.76%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-03-07,30.5813,30.7963,30.5003,30.5432,
EXC,2019-03-08,30.5756,30.7134,30.3928,30.6889,
EXC,2019-03-11,30.6947,30.9145,30.6323,30.8774,"Noteworthy ETF Outflows: JXI, SO, EXC, AEP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Global Utilities ETF (Symbol: JXI) where we have detected an approximate $95.7 million dollar outflow -- that's a 30.3% decrease week over week (from 5,950,000 to 4,150,000). Among the largest underlying components of JXI, in trading today Southern Company (Symbol: SO) is up about 0.3%, Exelon Corp (Symbol: EXC) is up about 0.4%, and American Electric Power Co Inc (Symbol: AEP) is up by about 0.6%. For a complete list of holdings, visit the JXI Holdings page » The chart below shows the one year price performance of JXI, versus its 200 day moving average: Looking at the chart above, JXI's low point in its 52 week range is $47.28 per share, with $53.36 as the 52 week high point - that compares with a last trade of $53.34. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-03-12,30.9409,31.1803,30.9145,31.1167,"[""EXC Crosses Above Average Analyst Target In recent trading, shares of Exelon Corp (Symbol: EXC) have crossed above the average analyst 12-month target price of $48.95, changing hands for $49.08/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher - if things are looking up for the company, perhaps it is time for that target price to be raised. There are 10 different analyst targets contributing to that average for Exelon Corp, but the average is just that - a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $45.00. And then on the other side of the spectrum one analyst has a target as high as $52.00. The standard deviation is $2.385. But the whole reason to look at the average EXC price target in the first place is to tap into a \""wisdom of crowds\"" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with EXC crossing above that average target price of $48.95/share, investors in EXC have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $48.95 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Exelon Corp: The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com . Get the latest Zacks research report on EXC - FREE . 10 ETFs With Most Upside To Analyst Targets \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Chipotle and dozens of other large-cap stocks rise to one-year highs Visa, Cisco and Procter & Gamble also hit 52-week intraday highs Visa, Cisco and Procter & Gamble also hit 52-week intraday highs."", ""5 rock-solid ETFs for an uncertain 2019 stock market Investors will likely struggle for stock gains Investors will likely struggle for stock gains, writes Jeff Reeves.""]"
EXC,2019-03-13,31.0993,31.2682,31.0474,31.2243,"[""Why Exelon (EXC) is a Great Dividend Stock Right Now Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show tha t dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Exelon in Focus Headquartered in Chicago, Exelon (EXC) is a Utilities stock that has seen a price change of 9.67% so far this year. Currently paying a dividend of $0.36 per share, the company has a dividend yield of 2.93%. In comparison, the Utility - Electric Power industry's yield is 2.97%, while the S&P 500's yield is 1.96%. Looking at dividend growth, the company's current annualized dividend of $1.45 is up 5.1% from last year. In the past five-year period, Exelon has increased its dividend 3 times on a year-over-year basis for an average annual increase of 2.64%. Future dividend growth will depend on earnings growth as well as payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Exelon's current payout ratio is 44%. This means it paid out 44% of its trailing 12-month EPS as dividend. Looking at this fiscal year, EXC expects solid earnings growth. The Zacks Consensus Estimate for 2019 is $3.14 per share, which represents a year-over-year growth rate of 0.64%. Bottom Line Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. It's important to keep in mind that not all companies provide a quarterly payout. Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, EXC is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""NorthWestern Corporation (NWE) Ex-Dividend Date Scheduled for March 14, 2019 NorthWestern Corporation ( NWE ) will begin trading ex-dividend on March 14, 2019. A cash dividend payment of $0.575 per share is scheduled to be paid on March 29, 2019. Shareholders who purchased NWE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.55% increase over prior dividend payment. The previous trading day's last sale of NWE was $70.88, representing a -0.13% decrease from the 52 week high of $70.97 and a 39.94% increase over the 52 week low of $50.65. NWE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NWE's current earnings per share, an indicator of a company's profitability, is $3.92. Zacks Investment Research reports NWE's forecasted earnings growth in 2019 as -.15%, compared to an industry average of -3%. For more information on the declaration, record and payment dates, visit the NWE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to NWE through an Exchange Traded Fund [ETF]? The following ETF(s) have NWE as a top-10 holding: Invesco S&P MidCap Low Volatility ETF ( XMLV ) Invesco Russell 2000 Pure Value ETF ( PXSV ) USAA MSCI USA Small Cap Value Momentum Blend Index ETF ( USVM ) ProShares Trust ( SMDV ). The top-performing ETF of this group is XMLV with an increase of 6.95% over the last 100 days. It also has the highest percent weighting of NWE at 1.5%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Xcel Energy Inc. (XEL) Ex-Dividend Date Scheduled for March 14, 2019 Xcel Energy Inc. ( XEL ) will begin trading ex-dividend on March 14, 2019. A cash dividend payment of $0.405 per share is scheduled to be paid on April 20, 2019. Shareholders who purchased XEL prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.58% increase over prior dividend payment. The previous trading day's last sale of XEL was $56.46, representing a -0.18% decrease from the 52 week high of $56.56 and a 34.46% increase over the 52 week low of $41.99. XEL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). XEL's current earnings per share, an indicator of a company's profitability, is $2.47. Zacks Investment Research reports XEL's forecasted earnings growth in 2019 as 6.07%, compared to an industry average of -3%. For more information on the declaration, record and payment dates, visit the XEL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to XEL through an Exchange Traded Fund [ETF]? The following ETF(s) have XEL as a top-10 holding: John Hancock Multifactor Utilities ETF ( JHMU ) SPDR Select Sector Fund - Utilities ( XLU ) Invesco S&P 500 Equal Weight Utilities ETF ( RYU ) iShares U.S. Utilities ETF ( IDU ) First Trust North American Energy Infrastructure Fund ( EMLP ). The top-performing ETF of this group is XLU with an increase of 9.7% over the last 100 days. JHMU has the highest percent weighting of XEL at 5.07%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-03-14,31.2243,31.4509,31.0923,31.2175,
EXC,2019-03-15,31.1734,31.5789,31.0993,31.4579,
EXC,2019-03-18,31.4636,31.5086,31.1227,31.2477,
EXC,2019-03-19,31.2243,31.2409,30.726,30.8774,
EXC,2019-03-20,30.9712,31.193,30.7651,30.8891,
EXC,2019-03-21,30.8891,31.2966,30.8139,31.2409,"Genie Energy Ltd. (GNE) Ex-Dividend Date Scheduled for March 22, 2019 Genie Energy Ltd. ( GNE ) will begin trading ex-dividend on March 22, 2019. A cash dividend payment of $0.075 per share is scheduled to be paid on March 29, 2019. Shareholders who purchased GNE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that GNE has paid the same dividend. The previous trading day's last sale of GNE was $8.19, representing a -22.37% decrease from the 52 week high of $10.55 and a 114.4% increase over the 52 week low of $3.82. GNE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). GNE's current earnings per share, an indicator of a company's profitability, is $.83. For more information on the declaration, record and payment dates, visit the GNE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to GNE through an Exchange Traded Fund [ETF]? The following ETF(s) have GNE as a top-10 holding: WisdomTree International SmallCap Fund ( DLS ). The top-performing ETF of this group is DLS with an increase of 2.26% over the last 100 days. It also has the highest percent weighting of GNE at 0.51%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-03-22,31.281,31.7518,31.2243,31.6326,"Invesco S&P 500 Low Volatility ETF Experiences Big Inflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Invesco S&P 500 Low Volatility ETF (Symbol: SPLV) where we have detected an approximate $91.4 million dollar inflow -- that's a 0.9% increase week over week in outstanding units (from 189,100,000 to 190,850,000). Among the largest underlying components of SPLV, in trading today Exelon Corp (Symbol: EXC) is up about 0.6%, American Electric Power Co Inc (Symbol: AEP) is up about 1.1%, and WEC Energy Group Inc (Symbol: WEC) is up by about 0.7%. For a complete list of holdings, visit the SPLV Holdings page » The chart below shows the one year price performance of SPLV, versus its 200 day moving average: Looking at the chart above, SPLV's low point in its 52 week range is $44.1561 per share, with $52.48 as the 52 week high point - that compares with a last trade of $52.26. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-03-25,31.6503,31.7655,31.49,31.6962,
EXC,2019-03-26,31.8085,31.9287,31.6571,31.8847,
EXC,2019-03-27,31.9023,31.9883,31.5877,31.791,
EXC,2019-03-28,31.8212,31.8594,31.2058,31.3044,
EXC,2019-03-29,31.2751,31.5516,31.1998,31.5389,
EXC,2019-04-01,31.6698,31.6776,31.104,31.3552,
EXC,2019-04-02,31.6571,31.6776,31.3904,31.6386,"The Dow Loses 83 Points Because the Market Needs a Break Although there wasn’t much in the way of major news spooking investors, the markets may be ripe for a pause after big gains the day before."
EXC,2019-04-03,31.6141,31.6396,31.3376,31.4178,
EXC,2019-04-04,31.4939,31.5193,31.1344,31.2292,
EXC,2019-04-05,31.2751,31.4315,31.15,31.3932,
EXC,2019-04-08,31.3748,31.4479,31.104,31.2175,
EXC,2019-04-09,31.1666,31.3552,31.0474,31.1539,
EXC,2019-04-10,31.4246,31.6209,31.1539,31.1803,
EXC,2019-04-11,31.1295,31.3308,31.066,31.3171,"Pinnacle West's Unit Applies for Utility Bills Reduction Pinnacle West Capital Corporation 's PNW wholly-owned subsidiary - Arizona Public Service Company (""APS"") - has requested to the Arizona Corporation Commission to approve a reduction of $108 per year for customers. On receipt of approval, it will lead to a decline of $9 per month for a customer using the average amount of electricity. Notably, this bill reduction request stems from federal corporate tax cuts passed on Dec. 22, 2017, and is the third adjustment related to the same. The first and second rate revisions were effective from March 2018 and April 2019. Tax Cuts: A Blessing for Customers Utility companies are generally regulated in nature. The aging infrastructures require regular investments to continue the flow of service. Regular investments involve large amount of funding to upgrade and strengthen infrastructure. Thus, a company applies for rate hikes which lead to higher bills. TCJA has provided the opportunity to lower the burden of customers by reducing bills. Utilities are passing on the benefits to their customers through reduction in existing utility service rates. In 2018, few major electric utilities like NextEra Energy, Inc. NEE , Duke Energy Corp. DUK and Exelon Corp. EXC passed their tax benefits to customers. How Will APS Gain? Pinnacle West generates majority of revenues from the APS unit. It is the largest and longest-serving electric utility provider in Arizona. APS witnessed retail customer base growth of 1.7% in 2018. The company expects annual retail customer growth in the range of 1.5-2.5% over the 2019-2021 time frame. Moreover, the company projects capital expenditure of $3.9 billion for 2019-2021 period, Of the total amount, the company aims to invest $1.5 billion and $0.6 billion to upgrade as well as strengthen distribution and transmission systems, respectively. It is expected that infrastructure investments and bill reduction will further expand its existing customers base. We believe that increase in customer base will positively impact the company's upcoming results and will aid it to come out with earnings surprise. Price Movement Shares of Pinnacle West have outperformed the industry in the past 12 months. The company's shares have gained 19.9% compared with the industry's rise of 13.3%. Zacks Ranks & Key Picks Pinnacle West currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They're also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +98% , +119% and +164% in as little as 1 month. The stocks in this report could perform even better. See these 7 breakthrough stocks now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-04-12,31.234,31.3494,30.9508,31.2682,"WEC Energy (WEC) to Add 450-MW Solar Energy in Wisconsin Per a recent media release, WEC Energy Group, Inc.WEC received approval from the Public Service Commission of Wisconsin for two solar projects with capacity of 450 megawatt (MW). The request was submitted in May 2018. The total cost of the projects is expected to be $390 million, of whichWisconsin Public Service Corp (""WPS"") will invest $260 million. The projects are expected to initiate commercial service by the end of 2020. Notably, Solar projects in Manitowoc County will be developed by NextEra Energy's NEE unit NextEra Energy Resources. Moreover, the Badger Hollow project in Iowa county will be developed by Invenergy.These projects are expected to produce enough renewable energy equivalent to the power consumed by 120,000 Wisconsin households in a year. Development of Renewable Projects The demand for energy is rising in the United States and going forward a major portion of the electricity will be produced from clean sources. Per a forecast by the U.S. Energy Information Administration (""EIA""), all renewable fuels - wind, solar, and hydroelectric - will account for 18% of U.S. electricity in 2019 and almost 20% in 2020. In addition, EIA projects that U.S. energy-related carbon dioxide (CO2) emission will decline by 1.6% in 2019 and 1.0% in 2020. Utility companies' shift to the renewables in the past few years is notable. These companies are inclined toward alternate energy to generate electricity and have reduced the usage of fossil fuels. WEC Energy also focuses on lowering carbon emissions by approximately 40% below 2005 levels by 2030 and 80% by 2050. In Dec 2018, WEC Energy received approval for the Solar Now pilot program, under which the company is expected to add up to 35 MW of solar panels on customer's property. Long-Term Plans The company expects long-term earnings growth in the range of 5-7% per year, with more than 99% of the bottom line being derived from regulated operations. In 2018, the company invested $2.1 billion, up from the spending of $156 million in 2017. WEC Energy expects total capital expenditure to be nearly $14.1 billion over the 2019-2023 time frame. Moreover, the company is making strategic acquisitions to expand existing operations. In Jan 2019, the company acquired 80% ownership of Coyote Ridge Wind Farm. The site comprises 39 GE wind turbines and has capacity of 97 MW.Involvements in wind and solar projects indicate the company's growing interest in renewable expansions. Apart from WEC Energy, utilities like Exelon Corp. EXC and Duke Energy DUK are also involved in solar generation projects. Zacks Rank & Price Movement WEC Energy currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Shares of the company have gained 26.7% in the past 12 months compared with the industry 's 14.3% rise. Radical New Technology Creates $12.3 Trillion Opportunity Imagine buying Microsoft stock in the early days of personal computers… or Motorola after it released the world's first cell phone. These technologies changed our lives and created massive profits for investors. Today, we're on the brink of the next quantum leap in technology. 7 innovative companies are leading this ""4th Industrial Revolution"" -- and early investors stand to earn the biggest profits. See the 7 breakthrough stocks now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report WEC Energy Group, Inc. (WEC): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-04-15,31.3376,31.6386,31.2751,31.576,
EXC,2019-04-16,31.5056,31.5819,30.8891,30.9536,"[""Tuesday Sector Laggards: Utilities, Healthcare In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, showing a 1.6% loss. Within the sector, Public Service Enterprise Group Inc (Symbol: PEG) and Exelon Corp (Symbol: EXC) are two large stocks that are lagging, showing a loss of 2.4% and 2.1%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 1.5% on the day, and up 9.16% year-to-date. Public Service Enterprise Group Inc, meanwhile, is up 13.41% year-to-date, and Exelon Corp is up 9.72% year-to-date. Combined, PEG and EXC make up approximately 9.9% of the underlying holdings of XLU. The next worst performing sector is the Healthcare sector, showing a 1.6% loss. Among large Healthcare stocks, HCA Healthcare Inc (Symbol: HCA) and Cigna Corp (Symbol: CI) are the most notable, showing a loss of 9.7% and 7.9%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is down 1.7% in midday trading, and up 2.88% on a year-to-date basis. HCA Healthcare Inc, meanwhile, is down 7.46% year-to-date, and Cigna Corp , is down 20.55% year-to-date. Combined, HCA and CI make up approximately 2.8% of the underlying holdings of XLV. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday. As you can see, four sectors are up on the day, while five sectors are down. 25 Dividend Giants Widely Held By ETFs \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Tuesday Sector Laggards: Utilities, Healthcare In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, showing a 1.6% loss. Within the sector, Public Service Enterprise Group Inc (Symbol: PEG) and Exelon Corp (Symbol: EXC) are two large stocks that are lagging, showing a loss of 2.4% and 2.1%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 1.5% on the day, and up 9.16% year-to-date. Public Service Enterprise Group Inc, meanwhile, is up 13.41% year-to-date, and Exelon Corp is up 9.72% year-to-date. Combined, PEG and EXC make up approximately 9.9% of the underlying holdings of XLU. The next worst performing sector is the Healthcare sector, showing a 1.6% loss. Among large Healthcare stocks, HCA Healthcare Inc (Symbol: HCA) and Cigna Corp (Symbol: CI) are the most notable, showing a loss of 9.7% and 7.9%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF ( XLV ), which is down 1.7% in midday trading, and up 2.88% on a year-to-date basis. HCA Healthcare Inc, meanwhile, is down 7.46% year-to-date, and Cigna Corp , is down 20.55% year-to-date. Combined, HCA and CI make up approximately 2.8% of the underlying holdings of XLV. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday. As you can see, four sectors are up on the day, while five sectors are down. 25 Dividend Giants Widely Held By ETFs \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-04-17,31.0093,31.0289,30.6947,30.7592,"Noteworthy ETF Inflows: VLUE, GM, GILD, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Edge MSCI USA Value Factor ETF (Symbol: VLUE) where we have detected an approximate $57.9 million dollar inflow -- that's a 1.6% increase week over week in outstanding units (from 42,450,000 to 43,150,000). Among the largest underlying components of VLUE, in trading today General Motors Co (Symbol: GM) is up about 1.3%, Gilead Sciences Inc (Symbol: GILD) is down about 1.3%, and Exelon Corp (Symbol: EXC) is lower by about 0.4%. For a complete list of holdings, visit the VLUE Holdings page » The chart below shows the one year price performance of VLUE, versus its 200 day moving average: Looking at the chart above, VLUE's low point in its 52 week range is $67.97 per share, with $89.71 as the 52 week high point — that compares with a last trade of $83.22. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-04-18,30.8276,31.2175,30.7134,31.0787,"After Hours Most Active for Apr 18, 2019 : IEF, CZR, NEM, FOLD, BAC, QCOM, PSTG, GM, IQ, KO, QQQ, EXC The NASDAQ 100 After Hours Indicator is down -.87 to 7,688.85. The total After hours volume is currently 58,597,160 shares traded. The following are the most active stocks for the after hours session : iShares 7-10 Year Treasury Bond ETF ( IEF ) is +0.04 at $105.36, with 5,002,103 shares traded. This represents a 5.78% increase from its 52 Week Low. Caesars Entertainment Corporation ( CZR ) is +0.05 at $9.61, with 4,317,238 shares traded. As reported by Zacks, the current mean recommendation for CZR is in the ""buy range"". Newmont Goldcorp Corporation ( NEM ) is +0.03 at $33.07, with 2,763,196 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2019. The consensus EPS forecast is $0.36. As reported by Zacks, the current mean recommendation for NEM is in the ""buy range"". Amicus Therapeutics, Inc. ( FOLD ) is unchanged at $12.69, with 2,437,488 shares traded. As reported in the last short interest update the days to cover for FOLD is 8.6314; this calculation is based on the average trading volume of the stock. Bank of America Corporation ( BAC ) is -0.03 at $30.00, with 2,424,957 shares traded. As reported by Zacks, the current mean recommendation for BAC is in the ""buy range"". QUALCOMM Incorporated ( QCOM ) is -0.02 at $79.87, with 2,393,702 shares traded. QCOM's current last sale is 124.8% of the target price of $64. Pure Storage, Inc. ( PSTG ) is unchanged at $22.78, with 1,661,377 shares traded. As reported by Zacks, the current mean recommendation for PSTG is in the ""buy range"". General Motors Company ( GM ) is -0.01 at $40.29, with 1,521,618 shares traded. As reported by Zacks, the current mean recommendation for GM is in the ""buy range"". iQIYI, Inc. ( IQ ) is +0.025 at $23.22, with 1,439,459 shares traded. As reported by Zacks, the current mean recommendation for IQ is in the ""strong buy range"". Coca-Cola Company (The) ( KO ) is -0.01 at $47.47, with 1,365,595 shares traded. KO's current last sale is 94.94% of the target price of $50. Invesco QQQ Trust, Series 1 ( QQQ ) is -0.01 at $187.38, with 1,361,244 shares traded. This represents a 30.61% increase from its 52 Week Low. Exelon Corporation ( EXC ) is unchanged at $49.40, with 1,282,705 shares traded. EXC's current last sale is 97.82% of the target price of $50.5. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-04-22,31.1344,31.2907,31.023,31.1295,
EXC,2019-04-23,31.1539,31.4372,31.023,31.2927,"Agree To Purchase Exelon Corp At $42, Earn 4.3% Using Options Investors eyeing a purchase of Exelon Corp (Symbol: EXC) stock, but cautious about paying the going market price of $49.52/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $42 strike, which has a bid at the time of this writing of $1.80. Collecting that bid as the premium represents a 4.3% return against the $42 commitment, or a 2.5% annualized rate of return (at Stock Options Channel we call this the YieldBoost). Selling a put does not give an investor access to EXC's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. And the person on the other side of the contract would only benefit from exercising at the $42 strike if doing so produced a better outcome than selling at the going market price. (Do options carry counterparty risk? This and six other common options myths debunked). So unless Exelon Corp sees its shares decline 15.3% and the contract is exercised (resulting in a cost basis of $40.20 per share before broker commissions, subtracting the $1.80 from $42), the only upside to the put seller is from collecting that premium for the 2.5% annualized rate of return. Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $42 strike is located relative to that history: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2021 put at the $42 strike for the 2.5% annualized rate of return represents good reward for the risks. We calculate the trailing twelve month volatility for Exelon Corp (considering the last 251 trading day closing values as well as today's price of $49.52) to be 15%. For other put options contract ideas at the various different available expirations, visit the EXC Stock Options page of StockOptionsChannel.com. Top YieldBoost Puts of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-04-24,31.3239,31.6698,31.2868,31.4998,
EXC,2019-04-25,31.3805,31.8749,31.3308,31.701,
EXC,2019-04-26,31.8525,32.1026,31.7421,31.7518,
EXC,2019-04-29,31.6913,31.7391,31.2545,31.5056,
EXC,2019-04-30,31.5877,32.086,31.4372,32.0538,"[""Daily Dividend Report: IBM, BA, LIN, SPG, EXC The IBM (IBM) board of directors declared a regular quarterly cash dividend of $1.62 per common share, payable June 10, 2019 to stockholders of record as of May 10, 2019. Boeing declared a regular quarterly dividend of two dollars and five and one-half cents ($2.055) per share. The dividend is payable June 7, 2019, to shareholders of record as of May 10, 2019. Linde (LIN) has declared a quarterly dividend of USD 0.875 per share. The dividend is payable on June 17, 2019 to shareholders of record on June 3, 2019. Simon's Board of Directors declared a quarterly common stock dividend of $2.05 per share. This is a 5.1% increase year-over-year. The dividend will be payable on May 31, 2019 to shareholders of record on May 17, 2019. Exelon Corporation declared a regular quarterly dividend of $0.3625 per share on Exelon's common stock. The dividend is payable on June 10, 2019, to shareholders of record of Exelon as of 5 p.m. New York time on May 15, 2019. VIDEO: Daily Dividend Report: IBM, BA, LIN, SPG, EXC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""15 Steady Stocks to Buy Before Market Volatility Picks Up Broad U.S. stock market indexes that emphasize low volatility now look quite pricey. But individual low-volatility stocks globally are more attractively priced.""]"
EXC,2019-05-01,31.9346,31.9717,31.6326,31.6386,"[""Noteworthy ETF Outflows: VLUE, IBM, MU, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Edge MSCI USA Value Factor ETF (Symbol: VLUE) where we have detected an approximate $95.0 million dollar outflow -- that's a 2.6% decrease week over week (from 43,850,000 to 42,700,000). Among the largest underlying components of VLUE, in trading today International Business Machines Corp (Symbol: IBM) is up about 0.2%, Micron Technology Inc. (Symbol: MU) is up about 0.4%, and Exelon Corp (Symbol: EXC) is lower by about 0.8%. For a complete list of holdings, visit the VLUE Holdings page \u00bb The chart below shows the one year price performance of VLUE, versus its 200 day moving average: Looking at the chart above, VLUE's low point in its 52 week range is $67.97 per share, with $89.71 as the 52 week high point \u2014 that compares with a last trade of $82.75. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb. Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Reaches Analyst Target Price In recent trading, shares of Exelon Corp (Symbol: EXC) have crossed above the average analyst 12-month target price of $50.75, changing hands for $50.95/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher \u2014 if things are looking up for the company, perhaps it is time for that target price to be raised. There are 10 different analyst targets contributing to that average for Exelon Corp, but the average is just that \u2014 a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $45.00. And then on the other side of the spectrum one analyst has a target as high as $57.00. The standard deviation is $4.171. But the whole reason to look at the average EXC price target in the first place is to tap into a \""wisdom of crowds\"" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with EXC crossing above that average target price of $50.75/share, investors in EXC have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $50.75 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Exelon Corp: The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on EXC \u2014 FREE. The Top 25 Broker Analyst Picks of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-05-02,31.8779,31.9063,30.9692,31.2868,"[""Exelon Corp (EXC) Q1 2019 Earnings Call Transcript Image source: The Motley Fool. Exelon Corp (NYSE: EXC) Q1 2019 Earnings Call May. 02, 2019, 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning. My name is Lindsey and I will be your conference operator today. At this time, I would like to welcome everyone to the 2019 Q1 Exelon Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. (Operator Instructions) Thank you. Dan Eggers, Senior Vice President, Corporate Finance, you may begin your conference. Daniel L. Eggers -- Senior Vice President, Corporate Finance Thank you, Lindsey. Good morning everyone and thank you for joining our first quarter 2019earnings conference call Leading the call today are Chris Crane, Exelon's President and Chief Executive Officer; and Joe Nigro, Exelon's Chief Financial Officer. They're joined by other members of Exelon's Senior Management team who will be available to answer your questions following our prepared remarks. We issued our earnings release this morning along with the presentation, both of which can be found in the Investor Relations section of Exelon's website. The earnings release and other matters, which we discuss during today's call contain forward-looking statements and estimates that are subject to various risks and uncertainties. Actual results could differ from our forward-looking statements based on factors and assumptions discussed in today's material and comments made during this call. Please refer today's 8-K and Exelon's other SEC filings for discussions of risk factors and factors that may cause results to differ from management's projections, forecasts and expectations. Today's presentation also includes references to adjusted operating earnings and other non-GAAP measures. Please refer to the information contained in the appendix of our presentation and our earnings release for reconciliations between the non-GAAP measures and the nearest equivalent GAAP measures. I'll now turn the call over to Chris Crane, Exelon's CEO. Chris M. Crane -- President and Chief Executive Officer Thanks, Dan, and good morning, everyone, and thank you for joining us today. During the quarter, we achieved success on several key fronts and reached a couple of milestones. First, the US Supreme Court declined to hear the ZEC cases clearing the last legal challenge at the federal level for the Illinois and New York programs. The decision affirms that states have the right to protect their citizens by favoring clean energy and it is a win for the consumers, policymakers and the regulators. Second, we received credit upgrades from both S&P and Fitch. These upgrades recognizes successful execution on our utility-driven growth strategy and reduction in business risk while maintaining strong financial metrics. Third, we reached settlements in New Jersey, on the ACE rate case and the infrastructure investment program. These outcomes reflect the continued positive evolution of our partnership with regulators built on improvement and reliability and customer satisfaction. Finally, turning to Slide 5, in March, we celebrated the seventh anniversary of the Constellation merger and the third anniversary of the PHI merger. Each merger has positively contributed to our strategy of increasing our regulated business mix and providing more stable earnings. Before these mergers, Exelon earned a mix of 28% utilities, 72% generation. In 2021, we project that mix will have flopped with nearly 70% earnings coming from the utilities. Through the Constellation merger, we grew our regulated earnings with the addition of BGE and also benefit from the combination of Exelon and Constellation's competitive business creating an industry leader integrated business that supports sufficiently hedging of our plants for capturing incremental margins and cash flows. The PHI merger further advanced our strategy to become more regulated, while creating value for customers and communities we serve. We are meeting or exceeding all of our reliability merger commitments and customer across the PHI service territory and experiencing record reliability. The frequency and duration of outages have improved at each utility. Customers are out of power less frequency -- with less frequency and are restored the service much faster when out of power. In 2018, Delmarva customers had lowest frequency of outages. At Pepco, customers saw the fastest restoration time. And customer satisfaction is at all-time high at ACE, Delmarva and Pepco. We're also delivering on our promise to be a true partner with the communities we serve. The PHI utilities have contributed more than %470 million in total economic impact since the merger closed. In 2018 alone, these utilities spent $313 million with minority and women owned suppliers, which is between 22% and 29% of each utility's total procurement spend. Each utility has made investments in workforce development programs including partnering with the District of Columbia to create the DC Infrastructure Academy. We are also an important community partner for hundreds of organizations in the PHI service territory contributing more than $15 million in financial support and volunteering approximately 85,000 hours since the merger was approved. Because of the improved service and enhanced partnership with our communities, we are building trust in our jurisdictions and are seeing a more positive regulatory environment develop. Since the merger, we have reached constructive settlements in each of the PHI jurisdictions including Pepco, Maryland and DC and we've had our first settlements since 1980s. Exelon has delivered on the promises we made to our customers and the communities and the shareholders when we merged with PHI in 2016. Turning to our financial results. On Slide 6, we had a strong quarter. On a GAAP basis, we earned $0.93 per share versus $0.60 per share last year. On a non-GAAP operating basis, we earned $0.87 per share versus $0.96 per share last year. Joe will cover the drivers in his remarks. Turning to Slide 7. At the utilities, w continue to execute top quartile levels across key customer satisfaction and operating metrics. The investments we are making are resulting in improved reliability, which is strengthening our relationship with our customers and the regulators. We remain focused on helping our customers and communities become more energy efficient saving energy and money. We have been doing this for years and I'm happy to say once again the EPA named all five of our eligible companies, BGE, ComEd, Delmarva, PECO, and Pepco as 2018 ENERGY STAR partners of the year. Generation performed well during the quarter. Nuclear produced 39.2 terawatt-hours of zero emission electricity with a capacity factor of 97.1%, the best quarter performance in more than 10 years. During the polar vortex where the temperatures were significantly below zero, our fleet ran at full power keeping families in our markets safe and warm. Exelon power and gas and hydro dispatch match of 97.8% and wind and solar capture of 96.5% exceeding plan. Moving on to Slide 8. Since the beginning of the year, there has been a number of important developments. US Supreme Court upheld the clean -- clean energy programs. Illinois is looking to advance its clean energy goals. Pennsylvania is considering adding nuclear to its alternative energy standard. New Jersey awarded zero emission credits. PJM has made scarcity filing in March with the request approval date by mid-December and first act on fast-start energy pricing reforms. These actions recognize the importance of preserving existing resources of carbon-free energy, addressing the -- and addressing the underlying deficiencies in the market. In Illinois, legislation was introduced that would require the Illinois Power Authority to procure clean capacity for ComEd customers using that fixed resource requirement mechanism that is currently in the PJM tariff. In addition to supporting a course of truly clean energy future in Illinois, the legislation will also ensure that consumers pay less than they do today. The concept of the FRR has a wide support and has been endorsed by the Illinois CUB, the Clean Jobs Coalition and organized labor. Another piece of legislation has been introduced into Illinois to extend the formula rate. ComEd's formula rate provides tangible benefits to the consumers as well as certainty we need to make investments and improve reliability and resiliency in customer service, while keeping the bills affordable. In the nine years that ComEd has filed the formula rate, we have asked for rate decreases four times. It's a busy legislative season as Governor Pritzker and the General Assembly tackle Illinois' significant budget problems. However, we are optimistic these two priorities can get done this year. In Pennsylvania, bipartisan group in the House and Senate introduced legislation that would treat nuclear equal to other non-emitting resources by adding it to the ultimate energy portfolio standard. Several hearings have been held in the House and Senate on the bill, but it's not clear the action will be taken in time to reverse our decision to retire TMI . We also achieved two important milestones for our existing ZEC programs in April. First, as mentioned, the US Supreme Court declined to hear the challenges, the New York and Illinois ZEC programs, consistent with that resounding decision we received from the district and the circuit courts. Second, the New Jersey BPU awarded ZECs to all three New Jersey -- units in New Jersey allowing them to continue to provide zero-carbon energy to the state. We are pleased to see the states moving forward with thoughtful energy policy that preserves the rights to chart a clean energy future. Finally, turning to FERC and PJM. We are pleased FERC acting on the fast-start reforms that expand the price setting eligibility for block loaded resources. FERC has requested that PJM submit a compliance filing by July 31st and we expect the reforms to be implemented shortly after that. In addition, PJM filed they a 206 petition to improve the pricing of reserves, which we have previously referred to as scarcity or ORDC reforms. These reforms along with base load price formation are essential to preserve an effective competitive market in PJM, and we're happy to see the programs being made to address these clear needs. Turning to Slide 9. Much of the policy work we've engaged in including preserving zero-carbon generation, we have viewed as necessary to bridge a comprehensive carbon policy, in the past time, not just for the government, but for every business, most particularly energy businesses along with their customers and stakeholders to take action on reducing carbon emissions. For several decades, Exelon has been positioning itself for a carbon-constrained world and acting as a leader advocating for carbon policy at the state and federal level. We have built the cleanest power generation company in the country, we have divested or retired all of our coal generation and invested in renewables and increasing our output of our nuclear fuel. As a result, Exelon has produced more clean energy than any other company in the United States by a factor of 2, and out of 9 -- every 9 clean megawatts in the US comes from an Exelon plant. We've avoided 67.8 million metric tons of greenhouse gas, the equivalent of making or taking 14.5 million cars off the road through two previous carbon reduction goals, and we are on track to meet the most recent goal of 15% additional reduction of emissions from internal operations. We're a leading voice in supporting policies and regulations that require reduced emissions and encourage technology changes, and across our businesses, we working to enable clean energy solutions for our customers and communities. In 2018 alone, our energy efficiency program saved customers 21.9 million megawatt-hours of electricity avoiding 9.9 million metric tons of greenhouse gas emission. We're investing in electric transportation and charging infrastructure at both utilities and Constellation. Excelon is also involved in grid scale energy storage development to enable faster and greater reliability for the use of renewables. One example of this is through our efforts to launch the Volta Energy, which works with the national labs and research universities to commercialize new technologies. The world is changing in terms of awareness of the scope of climate change and the need for new potential solutions. Our customers, our cities and our communities, as well as our employees are demanding clean power. So that is what we intend to provide. We still have a long way to go, but the engagements that we're seeing at the state level affirms our view that these policies will be part of our country's future. With that, now I'll turn it over to Joe to continue the call. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Thank you, Chris, and good morning, everyone. Today, I'll cover our first quarter results and quarterly financial updates including trailing 12 months ROEs at the utilities and our hedge disclosures. Starting with Slide number 10, we had a strong quarter financially. We earned $0.93 per share on a GAAP basis and $0.87 per share on a non-GAAP basis, which is at the upper end of our guidance range of $0.80 per share to $0.90 per share. Our performance in the quarter was consistent with our expectations, including a positive $0.01 of net benefit around timing of expenses. Exelon utilities delivered a combined $0.56 per share, net of holding company expenditures. Utility earnings were modestly lower than our plan due to O&M timing at ComEd and PECO, which will reverse itself over the course of the year. Exelon Generation earned $0.30 per share, outperforming plan. This was a result of some realized gains in our nuclear decommissioning trust funds and favorable timing of O&M. We are reaffirming our full year guidance of $3.00 per share to $3.30 per share. For the second quarter, we are providing adjusted operating earnings guidance of $0.55 per share to $0.65 per share. On slide 11, we show our quarter-over-quarter walk. The $0.87 per share in the first quarter this year was $0.09 per share lower than the first quarter of 2018. Exelon utilities less Holdco earnings were up $0.10 per share compared with last year. This earnings growth is driven primarily by higher rate base, new rates associated with completed rate cases and lower storm costs at PECO and BGE relative to the first quarter of 2018. Generation earnings were down $0.19 per share compared with last year. The biggest driver was the absence of $0.10 per share of ZEC catch-up payment from 2017 due to the timing of the final Illinois ZEC approvals. Generation was also impacted by lower realized power prices. Moving on to Slide 12. As Chris mentioned, we celebrated the third anniversary of the merger with PHI in March. We have seen tremendous improvement in PHI's operational performance, customer satisfaction, and relationships with our communities and regulators, which is leading to more constructive outcome. Given our progress on the commitment of our 9% to 10% ROEs across our utilities and the quarterly variability at the individual PHI utilities, depending on rate case timing, we are now consolidating the PHI utilities trailing 12-month ROEs. We have also changed the format of the slide to show the relative size of the aggregate PHI utilities when compared to legacy Exelon utilities and the consolidated Exelon utilities. In total, the PHI utilities represent approximately 26% of our total rate base of $41.2 billion. On a consolidated basis, the PHI utilities earned a 9.3% ROE for the trailing 12 months. This is a 90-basis point improvement over consolidated 8.4% from the fourth quarter of 2018. The improvement is due to 2018 distribution rate case settlement at both Delmarva and Pepco, favorable transmission revenue from the higher peak load in true-ups, the roll-off of higher storm costs, and favorable O&M timing at Delmarva and Pepco which will reverse over the course of the year. At the legacy Exelon utilities, our earned ROEs are modestly better, largely driven by the roll-off of the March 2018 winter storm costs as well as new rates associated with completed rate cases at PECO and BGE. Including PHI, the combined Exelon utilities have a 10.2% earned ROE which is above our 9% to 10% earned ROE target and 50 basis points higher than last quarter. We remain focused on meeting our utility earnings growth target by maintaining the earned ROEs at PHI and sustaining strong performance at our other utilities. Turning to Slide 13. Since the last call, the New Jersey, Board of Public Utilities approved Atlantic City Electric settlement agreement, which provides for a $70 million revenue increase. The new rates went into effect on April 1st. In addition, the BPU approved recovery of $96 million of capital over a four-year period through the infrastructure investment program to improve reliability. On April 8th, ComEd filed its annual distribution formula rate update with the Illinois Commerce Commission seeking a $6.4 million decrease to base rate, representing the fourth requested rate reduction, under the formula rate design. We expect to receive an order in the fourth quarter. Pepco Maryland filed its latest rate case in January, requesting a $30 million revenue increase, which has been updated to $27.2 million with the test year updated actuals. The request is based on the continued infrastructure investments to enhance reliability in customer service. We expect to receive an order in the third quarter of this year. More details on the rate cases can be found on Slides 21 through 24 in the appendix. Turning to Slide 14, during the first quarter, we invested $1.2 billion of capital across the utilities and are on track to meet our $5.3 billion commitment for 2019. These investments will improve the reliability and resiliency of the grid to the benefit of our customers. This quarter, I would like to highlight two projects. The first is the modernization of Pepco's Harrison substation in Washington D.C. This $190 million project will renovate aging infrastructure to more reliably serve important loads including two metro stations. It also expands regional transmission capacity supporting future load growth. The other project is the second phase of BGE's large gas line replacement program in Baltimore, that will be recovered through STRIDE capital recovery mechanism. The second phase includes $732 million of investment and we will replace approximately 240 miles of gas lines by the end of 2023. Replacing these lines will improve the safety and reliability of the distribution system. During the first phase of the program, BGE replaced 208 miles of gas lines. Since the program started in 2014, STRIDE has created 600 full-time jobs in BGE's service territory. On Slide 15, we provide our gross margin update and current hedging strategy for the generation company. As a reminder, our disclosure previously reflected planned retirement of TMI and include New Jersey's ZEC revenues. Since last quarter, total gross margin has flattened every year. In 2019, open gross margin decreased by $150 million, primarily due to lower prices at West Hub, New York Zone A and NiHub. During the quarter, we executed $150 million in power new business. In 2020 and '21 respectively, open gross margin is up $50 million relative to our prior disclosure, primarily on the back of higher power prices at NiHub and New York Zone A which was partially offset by lower ERCOT spark spread. Mark-to-market of hedges were down $50 million due to our hedge position offsetting the increasing gross margin and we executed $50 million of power new business in both years. Our generation to load matching strategy continues to yield positive results. We ended the quarter 8% to 11% behind ratable in 2020 and 1% to 4% behind ratable in 2021, when considering cross commodity hedges. Our open position is primarily concentrated in the Midwest and Texas. Given the strength of our balance sheet, we are comfortable with our strategy to hold if the market want. Moving on to Slide 16. We remain committed to maintaining a strong balance sheet and our investment grade credit ratings. As Chris mentioned, our working has been rewarded with credit upgrades at S&P and Fitch in the first quarter. S&P upgraded Exelon's issuer credit rating from -- to BBB-plus from BBB. In addition, all subsidiaries were raised one notch. According to S&P, the rating upgrades reflect the successful execution of our business strategy, which has reduced business risk while maintaining strong financial metrics. Fitch also upgraded Exelon to BBB-plus based on similar reasoning. Looking at ExGen, we are well ahead of our debt to EBITDA target of 3 times. For 2019, we expect to be AT 2.4 times debt TO EBITDA and 1.9 times debt to EBITDA on a recourse basis. With that, I will now turn the call back to Chris for his closing marks. Chris M. Crane -- President and Chief Executive Officer Thanks, Joe. Turning to Slide 17. We remain committed to our strategy and are pleased that our consistent execution is being recognized by the rating agencies and others. I'll close on Exelon's value proposition. We continue to grow our utilities targeting 7.8% rate base growth and between a 6% to 8% earnings growth through 2022. We continue to use free cash from the Genco to fund incremental equity needs at the utilities, pay down debt and fund part of our growing dividend. We will continue to optimize the value of our ExGen business by seeking fair compensation for our zero-emitting generation fleet, selling assets where it makes sense to accelerate debt reduction plans and maximizing value through the generation to load matching strategy of Constellation. We will sustain strong investment grade credit metrics and grow our dividend annually at 5% through 2020. The strategy underpinning this value proposition is effective and providing tangible benefits to our stakeholders. We remain committed to optimizing the value of our business and earn -- earnings your ongoing support for Exelon. Operator, we can now turn it over for questions. Questions and Answers: Operator Thank you. (Operator Instructions) And our first question comes from the line of Greg Gordon with Evercore ISI. Your line is now open. Greg Gordon -- Evercore ISI -- Analyst Thanks, good morning. Chris M. Crane -- President and Chief Executive Officer Good morning, Greg. Greg Gordon -- Evercore ISI -- Analyst Two questions. First, can you just give us a little more detail on the status of the bills that relate to energy policy in Illinois? What processes for moving them to vote? And I think you know you intimated that given the pressures on the legislature with regard to other Illinois issues that there might be a chance that this slips from the regular session for the veto session. So, could you just talk through all those issues please? Chris M. Crane -- President and Chief Executive Officer Sure. And as you pointed out, there is a lot of activity in the session right now, as the Governor prioritizes all of his issues, a lot of it's focused on the budget and revenue sources. Those bills are moving and being debated, as we discussed. He also has a priority on achieving zero-carbon generation fleet by the 2020-'30 time frame -- to 2030 time frame. So there are numerous energy-related bills to get to that point. Our bill for the FRR, and there's one that's path to 100 and then there's one that's the Clean Jobs Coalition. So we're in the process right now of negotiating with all the bills, so we can come together and provide the legislature with coalition that agrees on many things right now just working through the details. We hope to be done. Meetings are constant. I've met with the leadership of both House and Senate, talking about what we need to do and them showing their support for us going forward. And so we're just going to keep working on it as we always do. If it's not done in the regular session because of the other priorities, we will have it positioned to move through during the veto session, that's the generation bill. The other bill in Illinois that will affect Exelon is the extension of the ComEd formula rate for 10 years, that bill is proceeding. We've been able to work with stakeholders to gain support and recognition as I mentioned, out of the nine past filings that we made with the formula rate, we've had four rate reductions. So it's very balanced for the consumer, it's very balanced for our investment strategy and we are able to do so in a predictable way to serve our customers. So that's Illinois. Pennsylvania -- Greg Gordon -- Evercore ISI -- Analyst Thank you. Sorry, you might as well cover Pennsylvania too, I interrupted you,. I apologize. Chris M. Crane -- President and Chief Executive Officer Forget that was (inaudible), so we are going to do it. So, Pennsylvania, as you know, we've been working with the other nuclear operators there to create an alliance to continue and allow those assets to compete in with the other non-emitting assets. The bill continues to garner support and we'll continue to work through that. As we've told folks, we need clarity on this by the end of May or we're going to have to make the final steps and shutdown. We won't be able to adequately procure -- design procure and manufacture fuel for continued operations without that certainty and would not want to make that investment without that. So we'll continue working on it and as you can see the Governor has shown recognition that he wants to have a low-carbon future for the state and all recognize that that cannot be done with the current technology without including the existing nuclear assets. So we'll work -- we'll work on that one and combine with the Illinois effort. Greg Gordon -- Evercore ISI -- Analyst Thanks. One other real quick one for Joe, just looking at Slide 19, It looks like the the free cash flow profile mainly at the utility portfolio is lower than you projected, lower now for the year than you projected at year-end by $300 million or so. What's the cause of that because you didn't look -- doesn't look like you've changed your overall guidance for the long-term cash flow profile of the company? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yeah, Greg, you're correct, the variance versus our Q4 disclosure is $300 million lower. It's being driven by increased working capital to utilities and we're funding that with commercial paper. I think it's important to note though from a Genco perspective, on a cash flow profile basis, we're still well in -- we're in line with the forecast that we've provided you on the fourth quarter call, I mean I think that's an important element. Greg Gordon -- Evercore ISI -- Analyst Okay. Is that working capital increase sort of a permanent structural issue? Or is that related to things like storms or other things that might flip in future years? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yes, the latter. It's more than just the ongoing business itself. And we had some favorable weather points in the quarter and we took advantage of that from a work basis perspective Greg Gordon -- Evercore ISI -- Analyst Okay, thank you. Operator Our next question comes from the line of Julien Patrick Dumoulin-Smith of Bank of America. Your line is now open. Julien Patrick Dumoulin-Smith -- Bank of America -- Analyst Hey, good morning, everyone. Chris M. Crane -- President and Chief Executive Officer Good morning. Julien Patrick Dumoulin-Smith -- Bank of America -- Analyst So just to follow-up a little bit on Greg's question, can you elaborate a little bit on the scenarios around capacity auction participation, particularly if it happens in August, and I'm thinking that given your commentary in the prepared remarks around the timing of Illinois legislation, that it'd be difficult to implement any full FRR or anything else coming out of this Illinois legislation in time for the next upcoming capacity auctions. So I suppose there's a litany of scenarios. How do you think about them particularly if FERC does indeed act around something else, say a partial FRRr, for instance? Chris M. Crane -- President and Chief Executive Officer So, we've put our input into FERC that we believe it's very inefficient to execute an auction when with the previous FERC ruling that for PJM to execute an auction in the August time frame with the previous FERC ruling, we actually need to get guidance from FERC on what the construct should be. So we think it should be an April time frame, but FERC feels -- PJM feels like they are compelled to run forward and hopefully we'll hear something from FERC to clarify PJM's letter requesting clarification. The most likely scenario for an FRR in Illinois would be the '23 auction time frame from everything we're looking at. We need to get the legislation passed. We need to have the IPA who we've been working with the Illinois Power Authority be able to build the construct and be able to run it. That estimate is aggressive on our side, but probably about 8 months our folks have been in communications with the IP agency how reasonable that is, and so we'll continue to work down that path, but to run an auction is going to be potentially rejected without clarification, does not seem like the most efficient use of all of our resources at this time. Julien Patrick Dumoulin-Smith -- Bank of America -- Analyst Maybe even if it is delayed into 2020, and that is for the '22 auction, how do you think about the choices before you? Chris M. Crane -- President and Chief Executive Officer Kathleen, you want to cover it more. Kathleen L. Baron -- Senior Vice President, Government and Regulatory Affairs and Public Policy Sure. Hey Julien, it's Kathleen. As Chris said, we do know that the FRR bill once enacted will take a period of time to implement. The IPA has to write the rules, the ICC has to approve them, then the IPA has to conduct a procurement. And so if the auction is not delayed, there clearly is not enough time for that to occur before the auction if it happens in August. If it happens next April and the bill is enacted this spring, there would be enough time for it to be implemented by, let's say, the auction's delayed to next April. And then the big wild card is what if the -- we don't know what FERC is going to do, and we don't know when the -- exactly when the coalition that Chris mentioned together with the other clean energy packages will come together in Springfield. So we can't really speculate on what would happen because we have a couple of variables that are just unknown at this time. Julien Patrick Dumoulin-Smith -- Bank of America -- Analyst All right, fair enough. And then just to follow-up on the business risk improvement and the credit side of the equation, can you comment a little bit more about where you see that going over time in terms of added latitude from (inaudible) perspective and just where you would like to see the credit ratings over time , just perhaps following on some of the recent improvements. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yeah, Julien, first of all, we are happy with the upgrades by both S&P and Fitch and you know, we continue to work to stabilize the earnings and the cash flows in the company. We talked about how we're transitioning to the earnings and cash being driven from the much more regulated outcome and we're really focused on that and we'll continue to manage accordingly and continue to stay close -- work closely with the rating agencies. Julien Patrick Dumoulin-Smith -- Bank of America -- Analyst Okay, great, thank you all very much. Operator Our next question comes from the line of Steve Fleishman with Wolfe Research. Your line is now open. Steve Fleishman -- Wolfe Research -- Analyst Yeah, hi, good morning. So just -- I guess on Pennsylvania, if obviously something needs to get done there by the end of May to save Three Mile Island, but if it doesn't get done by then, does that -- I mean, could something come back later on for the other plants or is it -- how should we just think about that? Chris M. Crane -- President and Chief Executive Officer We don't plan on stopping and the coalition doesn't plan on stopping if the TMI deadline is passed, There are other critical assets in the state that need to be recognized for the Governor's low-carbon future. And so we'll continue to work as hard as we are right now after the end of May for the other reactors in the state. So you got 8 other reactors that are very critical that are highly reliable, but their environmental benefits cannot be replaced with technologies available today without significant cost. So we'll continue to work on it and we believe that we'll end up successful at the end. Steve Fleishman -- Wolfe Research -- Analyst Okay. Thank you. Operator Our next question comes from the line of Stephen Byrd with Morgan Stanley. Your line is now open. Stephen Byrd -- Morgan Stanley -- Analyst Hi, good morning. Chris M. Crane -- President and Chief Executive Officer Good morning. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Good morning. Stephen Byrd -- Morgan Stanley -- Analyst Wanted to just drill into the Illinois Clean Energy Progress back to little further, I'm thinking through the procurement process, and I've read through the legislation, what I'm trying to understand that the procurement process in terms of the clean bundled capacity, is it possible to talk a little bit more about the generation that would be eligible, the mix of energy that would be procured, I'm thinking about in zero-carbon versus renewables, just to make sure I understand the nature of the clean bundled capacity that's going to be procured under this legislation, if it passes? Chris M. Crane -- President and Chief Executive Officer Kathleen, you want to go through that? Kathleen L. Baron -- Senior Vice President, Government and Regulatory Affairs and Public Policy Yes, thank you, Stephen. The way that we have envisioned this is that the state would be able to conduct a clean energy procurement as you said and that any zero-carbon resources to be allowed to compete to provide that capacity, and as you know, the bill is not specific about the exact timetable or there are other details that we believe are important including how prices will be overseen by the IPA and the reason for that is that -- the reason the Future Energy Jobs Act was so successful is it brought together a number of parties together toward a common future and what's exciting about this is that this FRR concept is integral to all the other clean energy bills that are being considered right now because everyone appreciates that, it's that exact authority letting the IPA conduct a clean energy capacity procurement and then having the ability to set its course toward a zero-carbon future, will give it more flexibility than it has under current market rules where every asset gets the same capacity payment whether it's emitting or non-emitting. So we have left some room to have that discussion among other stakeholders to make sure that we have the right group who are supporting it, and, as Chris said at the top of the call between the Clean Jobs Coalition including this in their bill, the consumer advocates see the tremendous benefit associated with this, we think that's a winning combination. Stephen Byrd -- Morgan Stanley -- Analyst That's extremely helpful. Just as a follow-up there. In terms of the state's overall energy mix in terms of clean energy versus fossil, I know there is an objective to move toward clean energy over time, what would that energy mix broadly look like over time, how should we think about that evolution in the state? Chris M. Crane -- President and Chief Executive Officer So you're starting to operate now with 60% of the generation statewide being zero-carbon emitting, 90% of that statewide is nuclear. The concept that Kathleen talked about is we would in the ComEd zone currently we can account for a 100% carbon-free, but we would have a transition period where you would have the carbon-free assets bidding in at a greater percentage each year or being taken as a greater percentage each year as you build into 2030 when the procurement would become a 100% carbon-free. And those details, the finite details there will have to be worked out, but that's the concept. Stephen Byrd -- Morgan Stanley -- Analyst That's super helpful and that's all I had. Thank you. Chris M. Crane -- President and Chief Executive Officer Sure. Operator Our next question comes from the line of Jonathan Arnold with Deutsche Bank. Your line is open. Jonathan Arnold -- Deutsche Bank -- Analyst Good morning, guys. Chris M. Crane -- President and Chief Executive Officer Hey. Jonathan Arnold -- Deutsche Bank -- Analyst Could I just -- just coming back to Illinois and the discussion about timing. If I understand you correctly, the ability to implement the FRR for the next auction should the next auction happen in April, that would only be the case, if it passes in the spring. Am I right about that? Chris M. Crane -- President and Chief Executive Officer Yes. Jonathan Arnold -- Deutsche Bank -- Analyst Okay. And so to that, I mean, Chris, what exactly are you saying about the spring session. Are you -- you said you are optimistic in your prepared remarks about this year, and I just wasn't clear in the previous answer if you're saying you think we're more likely in the veto session or do you think you're still kind of in play for the spring depending on how things go? Chris M. Crane -- President and Chief Executive Officer We are working with the coalitions as hard as we can to have something presentable to the legit -- that's the legislature supports to move in the spring. But what I've cautioned in our road shows and on the calls previously, there is a very aggressive legislative agenda in Illinois this spring, they are talking about a graduated tax legislation that is needed to pass for constitutional amendment and the 2020 election, the work on legalization of recreational marijuana, the work on the gambling and the sporting issues to continue to increase revenue. Those are the top three priorities. We come after that. We need to be ready to be able to tell our story, communicate and have that coalition that we're building endorsing where we're heading. But we need to be realistic. We do think if it doesn't happen in the spring, we'll be ready to move it in the -- a veto session in the fall. Jonathan Arnold -- Deutsche Bank -- Analyst Okay, great. So you're not saying it's impossible. You're just making us aware of the priorities and the pullback on the fall. Chris M. Crane -- President and Chief Executive Officer Right. Jonathan Arnold -- Deutsche Bank -- Analyst Okay. And then just one other thing I wanted to ask on the Slide 10, you call out the NDT realized gains was one of the driver in ExGen versus guidance, but it doesn't show up as a, -- factor in the waterfall. So could you -- any chance you guys could quantify that piece and sort of explain that discrepancy there? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yes. The waterfall you're looking at a year-over-year change and the NDT gains in the each of the years was roughly the same. Jonathan Arnold -- Deutsche Bank -- Analyst Okay. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer So there would be no delta on the waterfall. Jonathan Arnold -- Deutsche Bank -- Analyst Got it. Roughly -- roughly how much, Joe, if you are willing to share? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer $0.02 -- it's $0.02 a share. Jonathan Arnold -- Deutsche Bank -- Analyst Okay, great. Thank you. Operator That is all the time we have for questions today. I will now turn the call over to Chris Crane, President and CEO of Exelon, for closing comments. Chris M. Crane -- President and Chief Executive Officer Thank you all for participating in call today. I think we're off to a very good start for the year. And so with that, we'll close the call out. Thanks again. Operator This concludes today's conference call. You may now disconnect. Duration: 45 minutes Call participants: Daniel L. Eggers -- Senior Vice President, Corporate Finance Chris M. Crane -- President and Chief Executive Officer Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Greg Gordon -- Evercore ISI -- Analyst Julien Patrick Dumoulin-Smith -- Bank of America -- Analyst Kathleen L. Baron -- Senior Vice President, Government and Regulatory Affairs and Public Policy Steve Fleishman -- Wolfe Research -- Analyst Stephen Byrd -- Morgan Stanley -- Analyst Jonathan Arnold -- Deutsche Bank -- Analyst More EXC analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. 10 stocks we like better than Exelon When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Exelon wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of March 1, 2019 Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp Q1 adjusted earnings Inline With Estimates (RTTNews) - Exelon Corp (EXC) revealed earnings for its first quarter that rose from the same period last year. The company's profit totaled $907 million, or $0.93 per share. This compares with $585 million, or $0.60 per share, in last year's first quarter. Excluding items, Exelon Corp reported adjusted earnings of $846 million or $0.87 per share for the period. Analysts had expected the company to earn $0.87 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company's revenue for the quarter fell 2.2% to $9.48 billion from $9.69 billion last year. Exelon Corp earnings at a glance: -Earnings (Q1): $846 Mln. vs. $925 Mln. last year. -EPS (Q1): $0.87 vs. $0.96 last year. -Analysts Estimate: $0.87 -Revenue (Q1): $9.48 Bln vs. $9.69 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Q1 19 Earnings Conference Call At 10:00 AM ET (RTTNews) - Exelon Corp. (EXC) will host a conference call at 10:00 AM ET on May 2, 2019, to discuss Q1 19 earnings results. To access the live webcast, log on to https://www.exeloncorp.com/investor-relations/events-and-presentations The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-05-03,31.2994,31.4861,31.1998,31.3805,
EXC,2019-05-06,31.4119,31.4813,30.9809,31.0719,
EXC,2019-05-07,31.0289,31.1471,30.7592,30.8774,
EXC,2019-05-08,30.7963,30.9272,30.4651,30.5639,"Utilities sector the only 1 of 11 S&P 500 sectors to lose ground as Treasury yields bounce Shares of utility companies were broadly lower Wednesday, with the sector the only one of the S&P 500's 11 sectors to lose ground, weighed down by a big bounce in Treasury yields. The SPDR Utilities Select Sector ETF shed 1.0% in afternoon trade, with 27 of 28 equity components losing ground. The biggest decliner was NRG Energy Inc.'s stock which slumped 5.1%. Among other more active utilities ETF components, shares of AES Corp. lost 2.3%, Excelon Corp. gave up 0.9% and Southern Co. shed 0.6%. The lone gainer was Sempra Energy's stock which tacked on 0.6%. Meanwhile, the yield on the 10-year Treasury note rose 3.6 basis points to 2.484%, after falling 10.4 basis points the previous three sessions, as a bounce in the stock market helped calm risk-off trades. Utilities stocks tend to have relatively high dividend yields, so a rise in yields on low-risk Treasurys make them less attractive. The utilities ETF's dividend yield is 3.15%, compared with the implied yield for the S&P 500 of 1.99%, according to FactSet."
EXC,2019-05-09,30.6263,30.7826,30.4075,30.6761,
EXC,2019-05-10,30.6889,31.0923,30.5071,31.0347,
EXC,2019-05-13,30.9595,31.3992,30.9145,31.3445,
EXC,2019-05-14,31.2917,31.4069,30.9946,31.0329,"SPLV, EXC, AEP, AWK: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P 500— Low Volatility ETF (Symbol: SPLV) where we have detected an approximate $53.1 million dollar outflow -- that's a 0.5% decrease week over week (from 197,500,000 to 196,500,000). Among the largest underlying components of SPLV, in trading today Exelon Corp (Symbol: EXC) is off about 0.2%, American Electric Power Co Inc (Symbol: AEP) is down about 0.2%, and American Water Works Co, Inc. (Symbol: AWK) is lower by about 0.4%. For a complete list of holdings, visit the SPLV Holdings page » The chart below shows the one year price performance of SPLV, versus its 200 day moving average: Looking at the chart above, SPLV's low point in its 52 week range is $44.1561 per share, with $53.819 as the 52 week high point — that compares with a last trade of $53.34. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-05-15,31.0573,31.1852,30.8862,30.9058,
EXC,2019-05-16,30.9302,31.152,30.8237,30.9946,
EXC,2019-05-17,30.7475,31.1686,30.7475,31.0386,
EXC,2019-05-20,31.1158,31.2604,30.9243,31.0064,
EXC,2019-05-21,31.0386,31.2741,30.9204,31.0064,
EXC,2019-05-22,31.064,31.2897,30.9302,31.2233,
EXC,2019-05-23,31.233,31.5106,31.1784,31.4696,
EXC,2019-05-24,31.4763,31.6923,31.3778,31.4069,"7 Utility Stocks to Trust for Retirement Utility stocks include companies that provide essential services — electricity, energy and water — to communities across the U.S. Because doing this in a country as big as the U.S. is no mean feat, most states have one or two exclusive providers. For this monopoly power, the utilities are regulated not only by the state government but also by the federal government. Their rates are set and their growth plans have to be approved by state regulators since utilities’ expansion plans are generally funded by their customer bases. In return for reining in their operations, the state provides a healthy annual growth target for the utilities and also allows them to operate unregulated businesses that can sell power to customers in the open market. This gives utilities good avenues for profits above and beyond their regular business. What investors get are rock-solid companies that have no trade war drama attached to them, only growing demand for electricity and reliable to add to their capital gains. The seven utility stocks to trust for retirement below are all A-rated in my Portfolio Grader for momentum. That means the smart money is starting to roll in and will continue to as global growth and tech stocks lose their shine. PNM Resources Inc (PNM) PNM Resources Inc (NYSE:) is an electric utility that operates in Texas and New Mexico. While this doesn’t seem to be a top place to get into the power business, just remember two words: Permian Basin. The Permian is one of the hottest oil and gas regions in the U.S. today. There is a huge amount of activity going on there now and housing is going up to hold all the workers and supply them with what they need, and want. Tales of waitresses earning $15 an hour and oil workers in the six digits is already happening and the boom is just starting. That spells huge growth for PNM, since it’s selling all this new power to the industry and all the businesses that are coming to the region. This explains why PNM is up more that 20% in the past 12 months, which is a pretty nice run for a utility. Its 2.4% dividend may not be spectacular, but right now, this is about the safest energy play around for long-term investors. Evergy Inc (EVRG) Evergy Inc (NYSE:) is a classic example of a solid energy company that posts reliable returns and delivers a solid dividend. It’s the poster child for compounding. Having started its life as Kansas City Power & Light and serving the Kansas market for many years, in 2018 it merged with Westar Energy. Now it has 1.6 million customers in both Kansas and Missouri. This merger will help EVRG grow its base and exercise greater efficiencies that will help it squeeze more profit from its production. The stock is up 6% in the past year and delivers a solid 3.1% dividend, which adds up to a steady near-10% growth return annually. That’s a lot better than a money market or a CD without taking on a great deal of risk. Middlesex Water (MSEX) Middlesex Water Co (NASDAQ:) is a water utility. There aren’t a lot of these, but they had a run in the 1990s when the economy was weak and municipalities were finding it hard to run and maintain their water systems. After some consolidation over the years, MSEX remains a long dependable player in the sector. Basically, instead of a city or county managing water resources — wastewater, filtration, distribution, maintenance, etc. — they contract out the work to MSEX. It currently operates in New Jersey, Delaware and Pennsylvania and has been doing so since 1897. This is an enduring business, because, like electricity, potable water and wastewater management are crucial to operating a city or town. But it’s generally overlooked by Wall Street. That’s good news for us. Although a few investors have seen the opportunity here since the stock is up 40% in the past year. Its dividend comes in just shy of 1.6%. With the U.S. in a steady growth mode, that’s good news for local governments and that’s good news for MSEX. Exelon Corp (EXC) Exelon Corp (NYSE:) is a $36 billion utilities network that operates throughout the United States supporting existing utilities as well as operating power generation, marketing and delivery businesses. Instead of having a traditional home market, EXC moves into markets where the current utility isn’t able to manage its base or can’t find a way to make it. For example, in Washington, D.C., Potomac Gas & Electric was having a hard time balancing its growing demand with its ability to deliver electricity efficiently. EXC took over the utility and because of its scale, could modernize and upgrade the aging utility. The company’s flexibility to run or help support utilities is a unique part of EXC’s strategy. And it has been working. The stock is up almost 23% in the past year and it delivers a reliable 2.9% dividend. And there are still plenty of opportunities out there. Sempra Energy (SRE) Sempra Energy (NYSE:) is another hybrid energy company. It has utility operations in the U.S. — San Diego Gas & Electric and Southern California Gas Company — but it also has a variety of other operations that fall more on the unregulated energy side. For example, it has natural gas pipelines in the South and Southeast. It has a division that focuses on generating renewable energy in the Midwest that it distributes around the country. It also has significant operations in Latin America, supplying infrastructure equipment and gas utilities operations. It also just signed an agreement with Saudi Arabia to provide 5 million tons of liquified natural gas (LNG) to the kingdom for the next 20 years out of the Port Arthur, Texas LNG export terminal when it’s completed. Its exposure to the natural gas market, especially the export sector makes this a great choice for anyone interested in stepping into the energy patch without all the volatility that would go along with a dedicated natural gas exploration and production company. Up 28% in the past 12 months and still delivering a 2.8% dividend, this is a great long-term play on growing energy demand. Duke Energy Corp (DUK) Duke Energy Corp (NYSE:) has been delivering power to the people of the Carolinas and beyond since 1900. Today, it remains a classic example of the traditional energy utility that has grown up with the region and has great relations with its state regulators. Today, DUK has operations in the Carolinas — it started and is based in North Carolina — as well as Florida, Indiana and Ohio. It has also developed a strong group of unregulated energy businesses that help add a little juice to earnings. While there are some legacy challenges that come along with a utility that has been around so long, they’re not as challenging for DUK because it has such a long history with regulators. Plus, its former longtime CEO Jim Rogers was very far-sighted when it came to investing in renewable energy and a decentralized grid. And remember, the Research Triangle in North Carolina is the Silicon Valley of the East, so there’s plenty of growth in its backyard. Up 17% in the past year and delivering a 4.1% dividend, this is a blue chip utility. Southwest Gas Holdings (SWX) Southwest Gas Holdings Inc (NYSE:) represents a pure play on the natural gas sector. Coal was the traditional fuel for most utilities’ power plants but as natural gas supply has grown in the U.S. and environmental laws became stricter, cleaner burning and cheap natural gas became increasingly popular. Now, natural gas is the go-to fuel for most utilities and large companies. SWX focuses its operations in Nevada, Arizona and California. It also has distribution channels to supply other customers around the U.S., but the lion’s share of its business comes from these states. The natural gas focus is a good way to diversify these long-term picks, since each region and each piece of the grid brings on its own challenges and opportunities. The natural gas market should continue to grow for many years to come and as tensions in Asia and the Middle East grow, an accessible supply of domestic natural gas becomes a prized asset. SWX is up almost 19% in the past year and delivers a dependable 2.5% dividend. That is a great return for a “boring” utility stock. is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, , Accelerated Profits and . His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. The post appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-05-28,31.4188,31.4452,30.8384,30.9106,
EXC,2019-05-29,31.0064,31.0269,30.5101,30.5756,
EXC,2019-05-30,30.64,30.7348,30.3899,30.4417,"The Utilities Select Sector SPDR Fund Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $548.8 million dollar outflow -- that's a 5.7% decrease week over week (from 166,120,000 to 156,670,000). Among the largest underlying components of XLU, in trading today Southern Company (Symbol: SO) is up about 0.6%, Exelon Corp (Symbol: EXC) is up about 0.3%, and American Electric Power Co Inc (Symbol: AEP) is up by about 0.3%. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $48.345 per share, with $60.27 as the 52 week high point — that compares with a last trade of $58.34. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-05-31,30.4417,30.6019,30.215,30.4681,
EXC,2019-06-03,30.6146,30.8042,30.4124,30.7475,
EXC,2019-06-04,30.7406,30.9087,30.2287,30.8677,"The Dow Is Soaring But Utilities Are Slumping Utilities were left out of the party in Tuesday’s stock rally, with many major players including Duke Energy, Dominion Energy, Exelon, NextEra Energy and Southern Co. falling."
EXC,2019-06-05,30.9946,31.6659,30.9243,31.5066,
EXC,2019-06-06,31.5135,31.9102,31.4452,31.8311,
EXC,2019-06-07,32.172,32.4329,31.6533,31.6533,"Notable ETF Inflow Detected - SPLV, EXC, ES, AEP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P 500— Low Volatility ETF (Symbol: SPLV) where we have detected an approximate $126.8 million dollar inflow -- that's a 1.1% increase week over week in outstanding units (from 202,950,000 to 205,250,000). Among the largest underlying components of SPLV, in trading today Exelon Corp (Symbol: EXC) is up about 1.3%, Eversource Energy (Symbol: ES) is up about 1%, and American Electric Power Co Inc (Symbol: AEP) is up by about 1%. For a complete list of holdings, visit the SPLV Holdings page » The chart below shows the one year price performance of SPLV, versus its 200 day moving average: Looking at the chart above, SPLV's low point in its 52 week range is $44.1561 per share, with $55.55 as the 52 week high point — that compares with a last trade of $55.54. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-06-10,31.659,31.659,31.2067,31.4119,
EXC,2019-06-11,31.3308,31.4881,30.9996,31.1852,"PG&E Could Renege on Its Contracts, but It Might Not A bankruptcy judge ruled that California utility PG&E’s could reject its renewable-energy contracts, but it isn’t clear that would do much to strengthen PG&E’s financial position."
EXC,2019-06-12,31.2986,31.9962,31.1207,31.9707,"Wednesday Sector Leaders: Utilities, Materials Looking at the sectors faring best as of midday Wednesday, shares of Utilities companies are outperforming other sectors, up 1.0%. Within that group, Exelon Corp (Symbol: EXC) and AES Corp. (Symbol: AES) are two large stocks leading the way, showing a gain of 2.1% and 2.0%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 1.0% on the day, and up 14.00% year-to-date. Exelon Corp, meanwhile, is up 13.00% year-to-date, and AES Corp. is up 17.46% year-to-date. Combined, EXC and AES make up approximately 7.4% of the underlying holdings of XLU. The next best performing sector is the Materials sector, higher by 0.2%. Among large Materials stocks, Newmont Goldcorp Corp (Symbol: NEM) and CF Industries Holdings Inc (Symbol: CF) are the most notable, showing a gain of 2.0% and 2.0%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF (XLB), which is up 0.3% in midday trading, and up 14.80% on a year-to-date basis. Newmont Goldcorp Corp, meanwhile, is up 6.16% year-to-date, and CF Industries Holdings Inc is up 0.05% year-to-date. Combined, NEM and CF make up approximately 6.2% of the underlying holdings of XLB. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, four sectors are up on the day, while four sectors are down. 25 Dividend Giants Widely Held By ETFs » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-06-13,32.0206,32.1085,31.5711,31.7928,"Thursday Sector Laggards: Healthcare, Utilities The worst performing sector as of midday Thursday is the Healthcare sector, showing a 0.1% loss. Within the sector, Alexion Pharmaceuticals Inc. (Symbol: ALXN) and Lilly (Eli) & Co (Symbol: LLY) are two of the day's laggards, showing a loss of 3.2% and 2.2%, respectively. Among healthcare ETFs, one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is down 0.3% on the day, and up 5.92% year-to-date. Alexion Pharmaceuticals Inc., meanwhile, is up 19.97% year-to-date, and Lilly (Eli) & Co, is down 1.49% year-to-date. Combined, ALXN and LLY make up approximately 3.6% of the underlying holdings of XLV. The next worst performing sector is the Utilities sector, not showing much of a gain. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and Evergy Inc (Symbol: EVRG) are the most notable, showing a loss of 0.7% and 0.4%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is flat on the day in midday trading, and up 14.32% on a year-to-date basis. Exelon Corp, meanwhile, is up 12.70% year-to-date, and Evergy Inc is up 7.61% year-to-date. Combined, EXC and EVRG make up approximately 7.9% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Thursday. As you can see, seven sectors are up on the day, while one sector is down. 10 ETFs With Stocks That Insiders Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-06-14,31.7988,32.2863,31.7284,32.1906,
EXC,2019-06-17,32.172,32.2315,31.8359,31.9707,"Noteworthy ETF Inflows: SPLV, ES, EXC, AEP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P 500— Low Volatility ETF (Symbol: SPLV) where we have detected an approximate $158.4 million dollar inflow -- that's a 1.4% increase week over week in outstanding units (from 205,850,000 to 208,700,000). Among the largest underlying components of SPLV, in trading today Eversource Energy (Symbol: ES) is down about 1%, Exelon Corp (Symbol: EXC) is off about 0.8%, and American Electric Power Co Inc (Symbol: AEP) is lower by about 0.8%. For a complete list of holdings, visit the SPLV Holdings page » The chart below shows the one year price performance of SPLV, versus its 200 day moving average: Looking at the chart above, SPLV's low point in its 52 week range is $44.1561 per share, with $55.74 as the 52 week high point — that compares with a last trade of $55.52. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-06-18,32.0723,32.1222,31.3805,31.6229,"Tuesday's ETF Movers: SOXX, XLU In trading on Tuesday, the iShares PHLX Semiconductor ETF (SOXX) is outperforming other ETFs, up about 4.2% on the day. Components of that ETF showing particular strength include shares of Xilinx (XLNX), up about 6.6% and shares of Cree (CREE), up about 6% on the day. And underperforming other ETFs today is the Utilities Select Sector SPDR Fund ETF (XLU), down about 0.5% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Duke Energy (DUK), lower by about 1.2%, and shares of Exelon (EXC), lower by about 1.1% on the day. VIDEO: Tuesday's ETF Movers: SOXX, XLU The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-06-19,31.4696,31.7958,31.2545,31.6874,
EXC,2019-06-20,31.7627,31.9795,31.4763,31.8359,5 Dividend Stocks That Would Gain From a Rate Cut Dividend stocks look appealing as interest rates have declined. But investors should tread carefully.
EXC,2019-06-21,31.7928,31.9756,31.5594,31.9385,
EXC,2019-06-24,31.8359,32.0459,31.6161,31.7871,
EXC,2019-06-25,31.6991,31.749,31.0513,31.0767,
EXC,2019-06-26,30.9635,31.0456,30.2667,30.2844,
EXC,2019-06-27,30.4065,30.4621,30.0245,30.1389,
EXC,2019-06-28,30.1593,30.4554,30.1007,30.3792,
EXC,2019-07-01,30.3997,30.5032,30.1007,30.4485,
EXC,2019-07-02,30.5188,30.9508,30.4945,30.9448,
EXC,2019-07-03,30.9762,31.1852,30.8647,31.0699,
EXC,2019-07-05,30.8618,31.2165,30.5384,31.1784,"3 Takeaways From New York's Ambitious Climate Change Plan California has long led on climate change policy in the U.S. The state, which boasts the world's fifth-largest economy, plans to generate 100% of its electricity from carbon-free sources by 2045. California is currently home to 38% of America's installed solar capacity, and its alternative transportation fuels program has been so successful that other states and countries have joined in, or outright copied it. It puts its thumb on the scale of vehicle efficiency standards for the entire United States. But now California finally has some competition. New York passed a sweeping climate change plan of its own in June, which The New York Times immediately called ""one of the world's most ambitious."" The legislation calls for 70% of the state's electricity to come from renewable sources by 2030, while 100% must come from carbon-free sources by 2040. The state must be carbon neutral -- including power generation, transportation, and building heating -- by 2050. The emerging West Coast vs. East Coast power struggle for environmental leadership is certainly welcome news, but the Empire State's plan will look a bit different than California's. Here are some key takeaways for individual investors to follow, including some new opportunities clean energy businesses should be pouncing on. Image source: Getty Images. 1. A big boost to America's offshore wind potential The United States operates roughly 100,000 megawatts of wind power today, but just 30 megawatts are located in coastal waters. That's expected to change virtually overnight, thanks in large part to falling costs and the ability to import expertise from Europe to jump-start the domestic industry. It helps that the United States boasts some of the best offshore resource potential on the planet. The nation sports a development pipeline of over 25,000 megawatts of offshore wind projects -- and over one-third of that capacity is penciled in along the coasts of New York. The state's new decarbonization efforts call for building at least 9,000 megawatts of offshore turbines by 2035. The approval process has been a little opaque to date, but project developers might draw more confidence from a few recent events. For one, Equinor (NYSE: EQNR) has proposed building Empire Wind, an offshore wind farm that could generate 1,000 to 2,000 megawatts, off the coast of Long Island. It plans to leverage some of its local port infrastructure to build and maintain the project, while also supporting the growth of the regional industry. Meanwhile, Avangrid (NYSE: AGR) owns a stake in a proposed project 85 miles off the coast of New York City that could produce between 400 and 1,200 megawatts. There's also the Sunrise Wind project from Eversource Energy (NYSE: ES) and Denmark's Ørsted (one of the largest offshore project developers on the planet), and the Atlantic Shores Offshore Wind Project proposed by a group including Royal Dutch Shell. The massive and relatively reliable output from offshore wind turbines is expected to replace large fossil fuel power plants, especially for energy-hungry population centers in Long Island and New York City, and could provide a significant growth opportunity for many power generators. However, the cost profiles of the projects are still a little uncertain. If offshore wind can't deliver electricity at competitive rates, then ratepayers are going to have to accept their role in the state's climate change action -- with their checkbooks, not their tweets. Image source: Getty Images. 2. Distributed solar and energy storage must step up New York doesn't enjoy the same bountiful solar potential as California, but solar power will still be critical in meeting the state's ambitious decarbonization targets. It's going to be an uphill climb. The state has just 1,700 megawatts of solar power capacity installed today, and reported a solar capacity factor (read: how often an asset operates at its full potential) of just 14% in 2017. The latter means New York would have to install 34,340 megawatts of solar power capacity to replace all of the electricity generated from its current 5,400-megawatt nuclear fleet. Legislators remain unfazed. The latest plan calls for 6,000 megawatts of distributed solar to be installed by 2025. That should create an opportunity for solar panel manufacturer SunPower (NASDAQ: SPWR), which has high hopes for its Maxeon technology. The unique solar cell design resists degradation and allows more energy to be generated in a smaller footprint. That advantage could prove valuable for rooftop solar installations. For instance, SunPower offers the market's first 400-watt solar panel, which offers 43% more power capacity than most competing panels and can generate 55% more energy over time. It's just the technology advance New York needs to achieve success, although power optimizer and energy storage products from companies such as Enphase Energy and Tesla will be needed, too. The state plans to install 3,000 megawatts of energy storage products by 2030, up from virtually nothing today. That could go a long way toward increasing the value of solar farms or rooftop solar installations, which otherwise have to curtail production when output exceeds delivery capacity. Next-generation nuclear might be much, much smaller than this. Image source: Getty Images. 3. Is New York open to next-generation nuclear? The new legislation leaves nuclear power, the ugly duckling of clean energy, in a less certain position than renewable power sources. In 2017, New York generated 28% of its electricity from renewables and 60% from clean energy sources, including nuclear. The state plans to generate 70% of its total electricity from renewables specifically by 2030, and transition to 100% clean energy broadly by 2040. That seems to leave the door open for continued support of the state's three existing nuclear power plants, at least until current operating licenses expire -- two will expire in 2029, and one in 2046. That's probably just fine with Exelon (NYSE: EXC), which owns all three units -- all dotting Lake Ontario -- and wrangled zero emission credits (ZEC) out of politicians a few years ago in order to save the facilities. New York's long-term goals also seem to leave the door open to next-generation nuclear technologies, namely small modular reactors (SMR). While no SMRs are in commercial operation today, they hold tremendous promise. They're typically designed to be less than 300 megawatts, which could allow them to be manufactured in factories and installed on-site, saving years of construction and billions in regulatory costs. Many are also designed with passive shutdown technologies (meaning they're virtually meltdown proof) and built to run on unique fuels (such as nuclear waste instead of enriched uranium). Exelon is currently working with General Electric and Hitachi to advance a boiling water design (BWRX-300). Meanwhile, some of its executives are on the boards of Holtec and NuScale, each working on competing light water SMR designs. If next-generation technology proves economical when it's ready to be commercialized, then Exelon will be ready -- and New York might help. If next-generation nuclear doesn't pan out, then Exelon might have to explore building some offshore wind farms in Lake Ontario -- if coastal wind turbines prove economical, of course. 10 stocks we like better than SunPower When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and SunPower wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 Maxx Chatsko has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Tesla. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-07-08,31.1461,31.2165,30.7856,30.9058,
EXC,2019-07-09,30.9058,31.1031,30.684,31.0386,
EXC,2019-07-10,31.1715,31.5594,31.0386,31.2868,
EXC,2019-07-11,31.3171,31.4099,31.0513,31.3942,
EXC,2019-07-12,31.4452,31.5008,31.064,31.0904,
EXC,2019-07-15,31.0573,31.1852,30.8491,30.9762,
EXC,2019-07-16,30.9302,31.0973,30.4621,30.6713,
EXC,2019-07-17,30.8305,30.9635,30.6967,30.7973,
EXC,2019-07-18,30.8744,30.9635,30.6146,30.8999,
EXC,2019-07-19,30.809,30.8744,30.1202,30.1456,"[""Friday Sector Laggards: Utilities, Healthcare The worst performing sector as of midday Friday is the Utilities sector, showing a 0.9% loss. Within that group, CenterPoint Energy, Inc (Symbol: CNP) and Exelon Corp (Symbol: EXC) are two large stocks that are lagging, showing a loss of 1.6% and 1.6%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 1.0% on the day, and up 16.35% year-to-date. CenterPoint Energy, Inc, meanwhile, is up 4.04% year-to-date, and Exelon Corp is up 7.97% year-to-date. Combined, CNP and EXC make up approximately 7.4% of the underlying holdings of XLU. The next worst performing sector is the Healthcare sector, showing a 0.4% loss. Among large Healthcare stocks, Gilead Sciences Inc (Symbol: GILD) and Illumina Inc (Symbol: ILMN) are the most notable, showing a loss of 2.8% and 2.1%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is down 0.6% in midday trading, and up 7.40% on a year-to-date basis. Gilead Sciences Inc, meanwhile, is up 6.51% year-to-date, and Illumina Inc, is down 2.60% year-to-date. Combined, GILD and ILMN make up approximately 3.8% of the underlying holdings of XLV. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, five sectors are up on the day, while four sectors are down. 10 ETFs With Stocks That Insiders Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Investing in Chicago Stocks From its earliest days of incorporation back in the late 1830s, Chicago has been all about trade. The city cultivated that early trade focus and used it to become one of the most diverse business climates in the United States. If you're considering investing in Chicago stocks -- the publicly traded stocks of the businesses that have their headquarters in the Chicago metro area -- it's important to remember that. Situated where the Chicago River meets Lake Michigan, Chicago's early trade centered around agriculture and transportation, taking the crops and other farm products produced in the region and sending them around the country and around the world. The economic hub eventually attracted businesses and industries of all kinds looking to take advantage of what the heart of America had to offer. For those who didn't find either U.S. coast conducive to their business efforts, the \""Second City\"" became a natural alternative to set up shop. Now the third largest city in the United States by population, Chicago has long served as a center of commerce for several Midwestern states, as well as numerous global businesses. Tourists from around the world visit the city looking for food, fun, and culture, while investors come looking for solid prospects for making money from companies big and small. A view of the Chicago skyline from Lake Michigan. Image source: Getty Images. When considering making investments in companies based in Chicago, the key is having a strong grasp of the basics. Let's take a look at some essential concepts everyone should know before investing in Chicago stocks: What are Chicago stocks? What are the largest Chicago stocks? Who should be interested in investing in Chicago stocks? How should you evaluate Chicago stocks? What should investors in Chicago stocks be looking for? What are the risks facing Chicago stocks? What companies might come to Chicago? Is now the time to buy Chicago stocks? What are Chicago stocks? Chicago's metro area is home to the headquarters of companies that are key players in multiple sectors. Companies with headquarters in the area are \""Chicago stocks.\"" Represented industries include auto manufacturing, biotech, business services, energy, fabricated metals, financial tech, food processing, freight, health services, information technology, manufacturing, medical technology, and plastics and chemicals development. Agriculture was at the heart of Chicago's initial growth, and that can be seen in some of its biggest businesses today. When looking at yearly revenue, Archer Daniels Midland is the largest of several Chicago companies with a direct connection to agriculture. But ADM's diverse operations are really an example of the city as a whole. The company's biggest role involves buying and transporting farmed crops from the region, as well as from around the world, and then turning them into a slew of products for both human and animal use. But ADM is also a major energy producer through its heavy involvement in the processing of some of those crops into ethanol. The company also makes a range of chemicals and oils for industrial use, including ingredients that go into personal-care products like soaps and skin creams. It even runs various commodity exchanges and provides crop insurance options for the farm producers it works with. Robust commerce gave birth to the Chicago Mercantile Exchange, which was established in 1898 (initially to organize trade in butter and eggs) and eventually grew into a clearinghouse for the exchange of numerous commodities. Basically, the exchange offered a way for companies that needed to buy large quantities of wheat, corn, soybeans, various meat products, or hundreds of other tradeable goods an easier way to centralize and organize the purchases and the bidding on the materials coming in from thousands of producers. It also gave the producers (farmers) better access to companies and traders that wanted what they produced and a quick, efficient way to get it to them. In the 1960s, the exchange added futures trading to its list of services. Traders in commodities, which often have volatile prices, will use futures trading to lock in prices for what they're going to buy and sell, well before the commodity is actually produced to better manage the risk from the volatility. A futures contract provides the farmer with predictable compensation for the crop, and the contract buyer ensures they will get enough materials to create their product at a known price they can build into their accounting. In 2007, The Mercantile Exchange merged with the Chicago Board of Trade to form CME Group, one of the largest marketplaces for buying and selling shares, options, and futures related to stocks, bonds, and commodities in the world. It's similar to the NYSE and NASDAQ stock exchanges, but specializes in futures of all sorts, and even started trading cryptocurrencies in 2017. On average, CME Group handles about 3 billion contracts worth approximately $1 quadrillion annually (that total is equal to 15 times the gross domestic product (GDP) of the world). The city's early investment in the growth of the Mercantile Exchange led to Chicago's dominating futures trading and derivatives. With a derivative investment, the investor doesn't own the underlying asset. Instead, he or she is betting on whether its value will go up or down. The city's derivatives exchange community, which started with commodity futures trading at the Chicago Board of Trade in 1848, established it as a global financial center. Chicago now handles more than half of exchange-based derivatives trading in North America and about 20% of the world's derivatives trading market. That global share is twice as big as New York City's 10% share and about equal to all European exchanges combined. What are the largest Chicago stocks? Chicago may have the nickname Second City but it's home to several first-tier companies with international reach. There are different ways to judge the size of a company. Here are the top 10 publicly traded companies by revenue (another word for sales) in their respective fiscal 2018s that call the Chicago metro area home. *Market cap as of June 29, 2019. **Sum of the latest four reported quarters. Data sources: Nasdaq.com and Google Finance. The list changes a bit when you switch to a different metric geared toward stock trading. Here are the top 10 publicly traded companies by market cap (multiplying the number of tradable shares by the share price) that call the Chicago metro area home. *Sum of the latest four reported quarters. **Market cap as of June 29, 2019. Data sources: Nasdaq.com and Google Finance. Who should be interested in investing in Chicago stocks? Billionaire Warren Buffett has always advocated that investors should stick to areas they know -- their \""circle of competence\"" -- when deciding what companies to invest in. The reason is simple: The more you know about a company, the better your position to judge its prospects. If the company is nearby, you're more likely to hear whether it's hiring or looking for new office space, for example, perhaps indicating business is doing well. If you use its products or services regularly, you're better able to judge whether it's doing a good job providing a product you like or services you need. That's not to say you should move to Chicago so you can be a good investor in Chicago stocks. But it is to say that there are a lot of Chicago-based companies that make products you know well and use regularly, wherever you may live. What are the odds that you or someone you know has visited a McDonald's restaurant in the past month? Did you take a flight somewhere recently? There's a very good chance that it was on a Boeing jet. Have you used canola oil, cocoa powder, or wheat flour in your cooking? It's likely ADM had a hand in getting that product to your kitchen. Have an infant who gets Similac infant formula or a grandparent who's supplementing their diet with Ensure? Abbott Labs produced it. Have you dipped an Oreo cookie in some milk as an afternoon snack or had a Ritz cracker with a smear of peanut butter? Mondelez made that possible. These are all Chicago-based companies. Another basic rule of investing is to diversify. Owning stocks of companies of various types, sizes, and representing different market sectors insulates you better against market downturns, as not all companies go down for the same reasons. Investing in the wide range of Chicago-based stocks allows you to diversify. If you were to put together a large-cap Chicago portfolio, it wouldn't represent a perfect cross section of the national economy (it's underweighted for tech and energy stocks and overweighted for financial services), but it would come pretty close. Spreading your investment risk is smart investing. How should you evaluate Chicago stocks? Evaluating Chicago stocks starts with following the same guidelines one would follow when considering any stock. You should be able to assess the financial position of a company and see what investors think about the stock and its potential by looking at a company's balance sheet and some common metrics like: Trailing price-to-earnings ratio (P/E): This metric analyzes a company's earnings in relation to its share price. The earnings multiple (as it's also called) values a stock to see how cheap or expensive it's trading in relation to the earnings the company has generated over the trailing 12 months. The lower the ratio, the cheaper the stock. The average P/E for companies in the S&P 500 at the time of this writing is about 22. This is one of the most widely used relative valuation metrics and serves as an easy reference point for comparison. (Forward P/E, using estimated earnings, can also be looked at.) Price-to-earnings-growth ratio (PEG): Investors often buy stocks based on the growth opportunities they see for the company. The PEG ratio measures a company's current earnings in relation to its price but also takes into account a company's growth potential. PEG is calculated by dividing the P/E ratio by the estimated earnings growth rate, usually looking out five years and estimated by analysts that follow the company. A PEG ratio below 1 means a stock is trading below its expected growth rate, which would imply it's undervalued. A PEG ratio above 2 would signal the stock price has exceeded the future growth rate and might be overvalued. Factors like the age of the company, the nature of its business, and how the estimates were determined can affect the accuracy of this figure as a predictor of a fair stock price, so be careful how you use it. Profit margin: The profit margin is the money left over after paying all of the costs of running the business. To calculate it, divide net income by revenue. Generally, the higher the margin, the more profitable the company. Companies that increase their profit margin are controlling costs, either by squeezing efficiencies out of the business, adding new high-profit business segments, or cutting out unprofitable ventures. Price-to-sales ratio (P/S): The price-to-sales ratio works better than P/E for early-stage companies that have yet to report earnings. To calculate P/S, simply divide a company's market capitalization -- the total shares outstanding times its share price -- by its revenue. For very-early-stage companies, you can use future expected sales in the calculation. Using these metrics on Chicago stock McDonald's in June 2019, we find the company trades at a trailing P/E ratio of 27.48 (and forward P/E of 24.30), which are both just a bit higher than the S&P 500 average. Its PEG ratio is 2.82, which suggests the stock's price right now is overvalued compared to its growth projections. Its net profit margin at the end of April was 28.2%, which suggests a profitable company doing well. Because McDonald's is a veteran company that has a long track record of earnings, its P/S ratio doesn't really provide a meaningful figure for evaluation. Taking the other metrics into account, though, the data suggests that McDonald's is doing well at the moment but may be priced a bit high compared to growth projections, and is therefore not a bargain investment. What should investors in Chicago stocks be looking for? Ask a stock analyst to identify what an investor should look for when considering a business in which to buy stock and a few things will jump right out: Competitive advantage: A competitive advantage keeps a business ahead of the competition, and Chicago businesses have plenty. It could be the patents they hold (AbbVie, Motorola Solutions), the high cost of switching to a competitor (Northern Trust), complicated regulations that limit access to the market (Boeing, Exelon), or cost efficiencies (Allstate) that these companies know how to take advantage of. These companies have effectively created a moat around their financial fortresses that allow them to generate durable growth. Cash aplenty: Cash is what makes a company work. It pays the bills and finances new growth projects. Companies with high debt and not much cash on the balance sheet or little cash flowing in are potential trouble. Free cash flow -- what's left over after funding operations and growth -- can be used to pay for share repurchases and dividends that make investors happy. Strong leadership: Investors should like to see managers who invest right alongside them in the companies they operate. You can find more details on management's investment in their companies from a company's annual 10-K report. Company leaders with years of relevant experience also have been shown to make a difference. And managers who can work well with business partners add something extra to the equation. Companies that fit two of the three factors could be solid investments. Ones that nail all three increase the chances that you've found a great investment. A view of the Chicago skyline from the Chicago River. Image Source: Getty Images. What are the risks facing Chicago stocks? There are always risks to factor into your investment decision. These can include: Management risks: This has to do with a company's day-to-day operations. Discontinuing a key product line, handling production costs poorly, or making an investment decision that affects a company's ability to repay its debts are all examples of how management decisions can affect a stock. Sociopolitical risks: Political and/or social events like a terrorist attack, war, trade war, or an election can, directly and indirectly, affect financial markets and investor attitudes and outlooks. Currency risk: Changes in the exchange rate between two relevant currencies can affect a company's bottom line, especially if it has a significant international presence and lots of foreign sales. Interest-rate risk: Many companies finance their operations through short-term loans and the sale of bonds. A change in rates can make it more expensive (or cheaper) to operate and impact profits. Inflation risk: Increases in the prices of goods and services can force a company to charge more to recoup the expense. Increase the price too much and you risk alienating customers to the point that they go elsewhere. How a company manages these risks can make all the difference. For example, Chicago stock Caterpillar is one of the largest construction and mining equipment manufacturers in the world, with almost $55 billion in revenue over the past year. In the past 18 months, the company has had to deal with sociopolitical risks out of its control related to the U.S.-China trade war and increased tariffs on materials like steel. Because it uses so much steel, Caterpillar has had to make significant (and sometimes costly) adjustments to where it buys its steel to address the long-term risk. Caterpillar has also seen its earnings affected by changes in currency value in countries where it does regular business. Economic slowdowns in China and Europe have dampened the value of their currencies. If the U.S. dollar's value strengthens, the revenue coming in from foreign clients loses some of its value. The steady rise in interest rates this past year has had some effect on the housing market and business expansion plans, lowering demand for Caterpillar construction equipment. Management said it would be increasing prices 1% to 4% on equipment it sells in 2019 to account for some of these issues. Management projects that the strengthening U.S. economy and hoped-for interest-rate cuts can offset the price hikes without creating a drop in demand. When it comes to Chicago stocks, there are risks that this particular city forces on a company doing business there. While Chicago's overall cost of living is about 1% below the national average -- which can make it attractive to a business with lots of locally based employees -- Forbes ranks Chicago 140th among 200 U.S. cities for the cost of doing business, indicating that factors like taxes, regulations, rent and leases, etc., can make it somewhat more expensive to operate a business there. Median household income for the metro area is $68,604, which puts it above the national average, and this implies that employees living and working there might expect higher-than-average wages. What companies might come to Chicago? The City of Broad Shoulders is centrally located between European and Asian markets and within the North American Free Trade zone (and its potential successor, the United States-Mexico-Canada Agreement zone). The metro area's economic output -- its gross domestic product -- is larger than that of many countries. Chicago's GDP of $609 billion would have ranked it 21st in the world, just behind No. 20 Saudi Arabia and ahead of No. 22 Argentina, according to a 2016 World Bank report. Chicago's industrial mix is a close match for the nation's, with no single industry employing more than 12% of the workforce (just over 4 million people). The city is home to more than 400 major corporate headquarters, including 36 in the Fortune 500. These factors are part of why Chicago was one of four U.S. cities to be named on a list of \""Cities of Opportunity\"" by PricewaterhouseCoopers in 2018. It received the designation for fostering economic innovation and \""common wellbeing.\"" Like any large city, Chicago has its issues to wrestle with, and they can have some small effect on the companies that are based there. Issues like racial segregation, the disappearance of industrial jobs, and rising city/county budgets are all stressors that Chicago's metro area is working to address. It's important that the city does so if it wants to continue to attract new investment and keep the companies it has. Chicago is making the effort to attract more tech companies, an underrepresented sector in the area. The city listed about 14,000 tech businesses and 341,000 tech workers in 2017, and it's working to grow that representation. As Silicon Valley becomes more expensive to operate in, cities with a lower cost of living, like Chicago, offer an alternative location for tech companies to set up shop that will attract the younger, tech-savvy workforce those companies want as employees. Studies have shown that people under 35 with expertise in IT (information technology) prefer the slew of opportunities and attractions that cities feature and appreciate things like public transportation and a family-friendly atmosphere. Chicago offers that. Among the better-known tech companies basing their headquarters in Chicago are the nation's leading online and mobile food-ordering and delivery marketplace Grubhub, e-commerce marketplace Groupon, public relations and earned media software company Cision, personalized clothing service Trunk Club, privately held parking-reservation service and app SpotHero, and privately held financial tech company Avant. The city announced in November 2018 that 16 local technology companies had added or would be be adding a combined 2,000 jobs in Chicago in 2018 and 2019. Look for more tech to set up shop in the Chicago metro area. Is now the time to buy Chicago stocks? If you look at some of the top stocks based in Chicago on an individual basis in the summer of 2019, buying them right now is admittedly a mixed bag. Boeing stock is down over serious issues with its 737 MAX plane; Kraft Heinz stock is down on issues including a writedown, an SEC probe and a slashed dividend; McDonald's stock is up in recent years because of some smart changes in strategy; AbbVie stock is down because it just offered to buy Allergan in a $63 billion deal and take on a lot of additional debt to do it; and United Airlines stock has suffered of late over economic issues with China. If you already own shares of Boeing, Kraft Heinz, AbbVie, or United, you're probably not too pleased at the moment. If you're thinking of buying these stocks, the decreased price could present a good opportunity to get in. The actual act of buying Chicago stocks can be as simple as setting up a brokerage account, either in-person or online, determining which stocks you want to purchase (an admittedly harder task), and placing your buy order. When determining the Chicago stocks to buy, the best plan really boils down to buying great companies and holding them for the long term. Patience plays a big role. The best investments don't need to be checked daily because they're solid companies with competitive advantages and strong leadership. Chicago has created a unique identity for itself as a globally diverse economic powerhouse where top companies can operate and, in many cases, thrive. The populace has a Midwestern \""can-do\"" attitude and they've built their city on a strong foundation and used that to fuel growth for the companies that have chosen Chicago as their home. 10 stocks we like better than Boeing When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Boeing wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 Kris Kinkade has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends CME Group. The Motley Fool recommends Grubhub. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-07-22,30.2209,30.2794,29.8271,29.9609,"[""Exelon (EXC) Shares Cross Below 200 DMA In trading on Monday, shares of Exelon Corp (Symbol: EXC) crossed below their 200 day moving average of $47.47, changing hands as low as $47.09 per share. Exelon Corp shares are currently trading down about 0.6% on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $40.97 per share, with $51.18 as the 52 week high point \u2014 that compares with a last trade of $47.34. Click here to find out which 9 other energy stocks recently crossed below their 200 day moving average \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""September 20th Options Now Available For Exelon (EXC) Investors in Exelon Corp (Symbol: EXC) saw new options become available today, for the September 20th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the EXC options chain for the new September 20th contracts and identified one put and one call contract of particular interest. The put contract at the $47.00 strike price has a current bid of 95 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $47.00, but will also collect the premium, putting the cost basis of the shares at $46.05 (before broker commissions). To an investor already interested in purchasing shares of EXC, that could represent an attractive alternative to paying $47.24/share today. Because the $47.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 54%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 2.02% return on the cash commitment, or 12.30% annualized \u2014 at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $47.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $48.00 strike price has a current bid of 75 cents. If an investor was to purchase shares of EXC stock at the current price level of $47.24/share, and then sell-to-open that call contract as a \""covered call,\"" they are committing to sell the stock at $48.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 3.20% if the stock gets called away at the September 20th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if EXC shares really soar, which is why looking at the trailing twelve month trading history for Exelon Corp, as well as studying the business fundamentals becomes important. Below is a chart showing EXC's trailing twelve month trading history, with the $48.00 strike highlighted in red: Considering the fact that the $48.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 59%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 1.59% boost of extra return to the investor, or 9.66% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 22%, while the implied volatility in the call contract example is 20%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 250 trading day closing values as well as today's price of $47.24) to be 16%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-07-23,29.9111,29.9482,29.2926,29.3777,"[""Shares of EXC Now Oversold In trading on Tuesday, shares of Exelon Corp (Symbol: EXC) entered into oversold territory, changing hands as low as $46.225 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Exelon Corp, the RSI reading has hit 29.9 \u2014 by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 49.6, the RSI of WTI Crude Oil is at 51.2, the RSI of Henry Hub Natural Gas is presently 46.2, and the 3-2-1 Crack Spread RSI is 54.4. A bullish investor could look at EXC's 29.9 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), EXC's low point in its 52 week range is $40.97 per share, with $51.18 as the 52 week high point \u2014 that compares with a last trade of $46.45. Exelon Corp shares are currently trading off about 1.8% on the day. Click here to find out which 9 other oversold energy stocks you need to know about \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Tuesday Sector Laggards: Utilities, Services In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, showing a 0.4% loss. Within the sector, Exelon Corp (Symbol: EXC) and AES Corp. (Symbol: AES) are two large stocks that are lagging, showing a loss of 2.1% and 1.5%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.5% on the day, and up 14.99% year-to-date. Exelon Corp, meanwhile, is up 4.23% year-to-date, and AES Corp. is up 18.15% year-to-date. Combined, EXC and AES make up approximately 6.9% of the underlying holdings of XLU. The next worst performing sector is the Services sector, up 0.1%. Among large Services stocks, PulteGroup Inc (Symbol: PHM) and Interpublic Group of Companies Inc. (Symbol: IPG) are the most notable, showing a loss of 7.2% and 2.4%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF (IYC), which is up 0.1% in midday trading, and up 23.03% on a year-to-date basis. PulteGroup Inc, meanwhile, is up 20.43% year-to-date, and Interpublic Group of Companies Inc. is up 10.11% year-to-date. IPG makes up approximately 0.3% of the underlying holdings of IYC. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday. As you can see, eight sectors are up on the day, while one sector is down. 10 ETFs With Stocks That Insiders Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-07-24,29.2457,29.3396,28.5862,28.8217,
EXC,2019-07-25,28.8334,29.323,28.6409,29.2331,
EXC,2019-07-26,29.3025,29.4548,29.0298,29.0368,
EXC,2019-07-29,29.0875,29.2829,28.8091,29.1823,
EXC,2019-07-30,29.1891,29.4265,29.0641,29.1823,"Daily Dividend Report: IBM, HCA, EXC, GPN, WCN The IBM (IBM) board of directors declared a regular quarterly cash dividend of $1.62 per common share, payable September 10, 2019 to stockholders of record August 9, 2019. HCA announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on the Company's common stock. The dividend will be paid on September 30, 2019 to stockholders of record at the close of business on September 3, 2019. Exelon Corporation declared a regular quarterly dividend of $0.3625 per share on Exelon's common stock. The dividend is payable on Tuesday, Sept. 10, 2019, to shareholders of record of Exelon as of 5 p.m. Eastern time on Thursday, Aug. 15, 2019. Global Payments' Board of Directors approved a dividend of $0.01 per share payable September 27, 2019 to shareholders of record as of September 13, 2019. Waste Connections (WCN) has declared a regular quarterly cash dividend of $0.16 U.S. per common share of the Company. The regular quarterly cash dividend will be paid on August 26, 2019, to shareholders of record at the close of business on August 12, 2019. VIDEO: Daily Dividend Report: IBM, HCA, EXC, GPN, WCN The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-07-31,29.1755,29.1989,28.4534,28.5551,
EXC,2019-08-01,27.9082,28.6126,27.6874,28.1368,"Exelon Corp (EXC) Q2 2019 Earnings Call Transcript Image source: The Motley Fool. Exelon Corp (NYSE: EXC) Q2 2019 Earnings Call Aug 1, 2019, 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, and welcome to 2019 Second Quarter Exelon Earnings Call. My name is Laura, and I'll be facilitating the audio portion of today's interactive broadcast. [Operator Instructions]) At this time, I'd like to turn the show over to Dan Eggers, Exelon's Senior Vice President of Corporate Finance. Please go ahead, sir. Daniel L. Eggers -- Senior Vice President, Investor Relations Thank you, Laura, good morning, everyone, and thank you for joining our second quarter 2019earnings conference call Leading the call today are Chris Crane, Exelon's President and Chief Executive Officer; and Joe Nigro, Exelon's Chief Financial Officer. They're joined by other members of Exelon's senior management team, who will be available to answer our questions following our prepared remarks. We issued our earnings release this morning, along with the presentation, both of which can be found in the Investor Relations section of Exelon's website. The earnings release and other matters, which we discuss during today's call, contain forward-looking statements and estimates that are subject to various risks and uncertainties. Actual results could differ from our forward-looking statements based on factors and assumptions discussed in today's material and comments made during the call. Please refer to today's 8-K and Exelon's other SEC filings for discussions of Risk Factors and factors that may cause results to differ from management's projections, forecast and expectations. Today's presentation also includes references to adjusted operating earnings and other non-GAAP measures. Please refer to the information contained in the appendix of our presentation and our earnings release for reconciliations between the non-GAAP measures and the nearest equivalent GAAP measures. We've scheduled 45 minutes for today's call. I'll now turn the call over to Chris Crane, Exelon's CEO. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Thanks, Dan, and good morning, everyone, and thank you for joining us today. Before I turn to the financial results for the quarter, I'm going to spend a few minutes providing some key updates on a number of positive developments in our businesses over the last 3 months. First, we continue to move forward on our utility regulatory strategy filing distribution rate cases at BGE, ComEd and Pepco D.C., reflecting our safety and reliability investments across those service territories. In D.C., we filed our first multi-year rate case. The plan provides a necessary framework to align Pepco's system investments with D.C. policy goals, including grid modernization and further improvements to customer service and reliability. Joe will discuss the details in his remarks. Second, last week, Pepco and other parties filed a settlement agreement at FERC for pep -- PECO, not Pepco, PECO's formula rate transmission rate. The settlement includes a 10.35% ROE, inclusive of a 50 basis points ROE adder. PECO made the original filing in 2017, and we expect the final order from FERC in 2020. Third, in June, we issued our annual corporate sustainability report locking our performance and sustainability goals and priorities in addition, the Benchmarking Air Emissions report that found Exelon is the largest generator of zero emissions energy in the U.S., producing 12% of the nations clean energy. Also, that we have the lowest emissions rate, emitting at a rate that is 4x less than the next cleanest generator. Fourth, the New Jersey PU -- BPU approved ZEC payments for the state nuclear units, including our interest in sale. We appreciate the state support for the carbon-free power produced by these units. Fifth, we were unable to get legislation done in Pennsylvania in time to reverse the decision to close TMI this fall. Since then, there have been continued discussions on a path forward for the remaining nuclear plants in the state, including consideration of placing a priceline carbon through the regional carbon trading. Sixth, we are also pleased the Trumph administration decided not to impose coders on uranium, which would have jeopardized the continued operation of commercial nuclear reactors in The United States. And finally, last week, FERC issued an order directing PJM not to run the capacity auction in August. We agree with FERC's decision to delay the auction until the rules are finalized. The delay provides PJM and the state policymakers time to adjust to the commission's changes. Before I turn to the financial results, I also want to address 2 matters, we have raised with us recently. Firstly, we received a number of questions from investors about the impact on our business from the steep decline in power prices. The decline presents a considerable challenge for us, but as you know, our hedging disclosures are a point-in-time estimate. If you have seen them move up and down in the past, we need to be thoughtful and deliver about our response if these prices persist. And we have a variety of levers that we can pull and decisions we can make if this is the future of energy markets. We are pursuing a number of market reforms addressing the financial challenges, many of them are planned space. Against this backdrop, I can also, again, assure you that we will not operate unprofitable or negative free cash flow plants. You've seen us close money losing plants in the past and you should expect that discipline to continue if reforms are not inactive. The bottom line is that fundamental market performs leaded the United States, if we want to lead the nations, their clean energy climate goals, maintain fuel security and reliable system, we need to sustain an increased electrification preserving a significant economic value through good paying jobs and property taxes. We'll continue to work at state level and the national level with FERC, the Congress and the administration to make this happen. Second, we have had -- or we've received numerous questions from our investors about our subpoena in Illinois from the U.S. Attorney's Office. We are cooperating fully and provided all -- are providing all information requested by the U.S. Attorney's Office. We simply can't comment further on the investigation, and we are not going to speculate on whether it may affect legislative effects in the Illinois this fall. What we do know about this fall session is there are a number of stakeholders who want to see clean energy legislation inactive. Illinois lacks behind other progressive states on clean energy policy. Passing the clean energy legislation is a priority for many stakeholders include -- in Illinois, including the Citizens Utility Board, labor the Clean Jobs Coalition and the Renewable Community. These stakeholders want to greatly expand their renewable penetration, so the state will be able to achieve the 100% clean energy target by 2030. Kathleen and her team are working with the stakeholders to help crack the legislation -- the legislative package and the inform members of general assembly on the benefits of this legislation. It's important to remember that while we are putting a real effort into preserving the value of the Generation clean, our focus remains on the utilities. The bulk of our capital investment in growing majority of our earnings are coming from the regulated business where we continue to see great opportunities to invest and grow to the benefit of our customers and communities. Now I'll turn to the financial results on Slide 5. We had a good quarter delivering earnings at midpoint range of our guidance. On GAAP basis, we earned $0.50 per share versus $0.56 last year. On a non-GAAP basis, we earned $0.60 per share versus $0.71 last year. Joe will cover these drivers in his remarks. Turning to Slide 6. Operational performance of the utility was mixed during the quarter. We continued to perform at top quartile levels across reliability and customer operations metrics, whereas safety performance has slipped. Safety is the highest priority and we are focused on ways to improve our safety culture and performance. Outage frequency and outage duration performance is in the top quartile for 3 of our 4 utilities, with ComEd performing in the top decile. On the customer operations aside, all of our utilities perform in top quartile for service level and call abandonment rate. Our relationship with our customers is improving due to the investments we are making to improve reliability and the customer experience. This can be seen in our customer satisfaction scores and in the recent J.D. Power electrical residential customer satisfaction ratings. BGE and PECO and ComEd achieved top decile performance in customer satisfaction index. We improved or maintained our rankings in the J.D. Power rankings, Delmarva ranked first in the East mid region -- or midsize region, the first Exelon utility to ever be ranked first. BGE and PECO maintained their first quartile performance in the East large segment and ComEd improved in its rankings to the second quartile. Generation performed well during the quarter and nuclear produced 38.8 terawatts hours of zero-emission electricity with a capacity factor of 95.1%. And Exelon power had a gas and hydro dispatch match of 99.7%, exceeding our plan in the wind and solar capture on -- the plan was plan 96%. or was -- the plan was 96%. Now I'll turn it over to Joe. Thank you, Chris, and good morning, everyone. Today, I will cover our second quarter results, our quarterly financial updates, including trailing 12-month ROEs at utility and our hedge disclosures. Turning to Slide 7. We earned $0.50 per share on a GAAP basis and $0.60 per share on a non-GAAP basis, which is at the midpoint of our guidance range of $0.55 to $0.65 per share. Exelon Utilities delivered a combined $0.39 per share net of holding company expenses. Utility earnings were modestly higher than our plan, largely due to O&M timing of ComEd, BGE and PECO, which will reverse itself over the course of the year. This was partially offset by milder weather expected in the Philadelphia area, impacting PECO by about $0.01 per share. ExGen earned $0.21 per share behind our plan. This was a result of lower loaded volumes at constellation due to mild weather and the standard outage sale. These factors where, partially offset by favorable O&M, strong performance of our generation fleet and realized gains in our nuclear decommissioning trust fund. We are reaffirming our full year guidance of $3 to $3.30 per share. And for the third quarter, we are providing adjusted operating guidance -- earnings guidance of $0.80 to $0.90 per share. On Slide 8, we share our quarter-over-quarter walk. The $0.60 per share in the second quarter of this year with $0.11 per share lower than the second quarter of 2018. Exelon Utilities less holdco earnings were up $0.14 per share compared with last year. The earnings growth is driven primarily by higher distribution rates associated with completed rate cases and higher transmission revenues at ComEd and PHI relative to the second quarter of 2018. This was partially offset by unfavorable weather at PECO. Exchange earnings were down $0.13 per share compared with last year. The decrease was driven by lower realized energy prices, partially offset by higher ZEC revenue from the increasing New York ZEC prices and the start of the New Jersey ZEC program. Moving to Slide 9, our utility ROEs remained strong and we continue to exceed our 9% to 10% earned ROE targets across the utilities. The consolidated PHI utility earned a 9.1% ROE for the trailing 12 months. Compared to last quarter, we had some help from the constructive distribution rate case settlement at ACE, Pepco D.C. and Pepco Maryland, offset by equity infusions across PHI. Legacy Exelon Utilities maintained its strong 10.5% earned ROEs in the quarter. Importantly, consolidated ROEs across our utilities were 10.2%. We remain focused on meeting our utility earnings growth targets by maintaining the earned ROEs at PHI and sustaining strong performance at our utilities. Turning to Slide 10. On May 24, BGE filed for a combined $148 million rate increase in electric and gas distribution revenues. The requested rate increase includes $81 million and almost $68 million for electric and gas revenues, respectively, based on rate base of $5.4 billion and a requested ROE of 10.3%. The increase is primarily driven by the ongoing need for capital investments to maintain and modernize the electric and gas distribution system. It also reflects moving $15.8 million of revenues currently being recovered via the stride and electric reliability investment surcharges into rate base, we -- into base rates. We expect to receive an order in the fourth quarter. On May 30, Pepco filed a multi-year appointment in the District of Columbia. Requesting a revenue increase over 3 years to recover capital investments made during the 2018, '19 period and planned investments over the 2020 to '22 time period. The request provides the necessary framework to allow Pepco to align it's system investments with policy goals set by the commission and enable us to continue to make the investments needed to modernize the energy grid, support the District's energy goals, sustain first current quartile reliability performance and enhance programs and tools that have resulted in improved satisfaction among our customers. The multi-year plan includes 5 performance incentive mechanisms or PIMs, focused on system reliability, customer service and interconnection of distribute -- distributed energy resources. The inclusion of the PIMs with the mulit-year plan provide a performance-based ratemaking approach designed to strengthen general incentives for grid utility performance and penalize for underperformance. The multi-year plan provides customers with rate predictability and reduces the administrative costs to customers caused by free for filing traditional rate cases to recover costs. On July 9, the chief public utility law judge issued in his proposed order in the Pepco Maryland distribution rate case. The Chief Judge recommended a $10.3 million revenue increase and a 9.6% allowed ROE, which is 10 basis points higher than Pepco Maryland's current ROE. A final order by the Maryland PUC is expected by August 13. Finally, ComEd annual formula rate update filing is expected to be decided in December of this year. More details on these rate cases can be found on Slides 20 through 23 in the appendix. Turning to Slide 11. We're continuing our robust capital deployment program at utilities and during the second quarter, we invested $1.4 billion of capital to the benefit of our customers. We expect to exceed our capital plan of $5.3 billion by $100 million this year. We have been able to take advantage of the favorable weather to fund investments in our gas business at BGE plus we had some additional storm related work. As Chris mentioned, these investments are improving our infrastructure, increasing reliability and resiliency, which results in a better customer experience. Today, I've been talking about 2 projects that are part of these efforts and will bring improved operations to our customers in D.C. and Northern Illinois. The first project is the District of Columbia lying underground project or DC PLUG. The DC PLUG initiative is a $500 million multi-year partnership between the Districts Department of Transportation and Pepco focused on the underground placement of more vulnerable distribution power lines. Over the course of the initiative, up to 30 feeders will be placed underground with 6 during the first base. The underground placement of these lines will make the electric distribution system more resilient during the severe weather events reducing the duration and frequency of electric outages. The second project featured is the expansion of ComEd Itasca Substation. This $48 million project installed a new distribution terminal and associated equipment, including an indoor switchgear building. 3-medium power transformers and 12 138 circuit breakers. The expanded substation provides capacity to power the equivalent of 45,000 Ohms. It will support 3 new data centers in the Itasca growth technology corridor near O'Hare airport. These customers choose the Greater Chicago area after several years of discussions with ComEd's economic development team part of our continuing efforts to bring additional investment and jobs in Northern Illinois. On slide 12, we provide our gross margin update and current hedging strategy at the Generation company. Before discussing the gross margin update, I'd want to spend a minute talking about the drop in the illiquid forward power curves during the second quarter, particularly in June. Prices in PJM in 2020 and 2021 declined sharply. Now we have around-the-clock power prices fell nearly $3 per megawatt hour or approximately $0.11 -- 11% in 2020 and approximately $2.40 per megawatt hour or close to 10% in 2021. PJM West Hub prices fell more than $4 per megawatt hour and approximately 13% to 14% in '20 and '21, respectively. Jim can cover in more detail during Q&A, but at a high level we think these declines reflected some combination of the following: lower natural gas prices a mild start to summer that weighed on prompt prices, which then cascaded out to the forward curve, which we have seen before. Some market anticipation of plants targeted for retirement looking less likely to retire and hedging activity likely including market participants, selling based on changes in the economic value of revenue put options sold or written to support newbuild power plants over the last few years dragging down process. Despite the mild weather and low price environment, 2019 total gross margin is flat to our last update. During the quarter, we've executed $100 million in power new business and $50 million in nonpower new business. We are highly hedged for the rest of the year and well-balanced on our Generation to load matching strategy. In 2020 and '21, our total gross margin is down $100 million and $250 million, respectively. Both in gross margin declined $550 million and $500 million, respectively, primarily due to lower energy crisis at PJM West Hub, New York Zone A and PJM NiHub. Mark-to-market of hedges were up $500 million and $300 million, respectively, as our hedge position mitigated part of the impact of the price declines. We also executed $50 million of power new business in both 2020 and 2021. We continue to remain behind our ratable hedging from -- for the sectors and added less than a ratable amount of hedges across our regions during the quarter. We ended the quarter at 10% to 13% behind ratables in 2020 and 7% to 10% behind in '21 when considering cross commodity hedges. Our Generation to load matching strategy remains a competitive advantage contributing positive margin and providing a vehicle to bring our Generation output to market in a disciplined manner. We remain comfortable with the strategy to hold open market length, given the continued strength of our balance sheet. Finally, moving on to Slide 13, we remain committed to maintaining a strong balance sheet in our investment grade affect ratings. Even at the June 30 pricing marks, given the levers we have available, we are confident that we will stay within our consolidated FFO to debt metrics in our disclosure window 2019 to 2022. Our consolidated corporate credit metrics remain above our targeted and meaningfully above S&P thresholds. Looking at ExGen, we are well ahead of our debt-to-EBITDA target of 3x. For 2019, we expect to be at 2.5x debt-to-EBITDA and 2x on a lead course basis. With that, I will now turn the call back to Chris for his closing remarks. Christopher Mark Crane -- President, Chief Executive Officer and Director Thanks, Joe. Turning to Slide 14. We recognized the current power markets are creating headwinds for us. We are prepared to meet them head on and take thorough or thoughtful action if necessary. In the meantime, we are encompassing that the things, we committed to do, including maintaining industry-leading operations, meeting our financial commitments, effectively deploying more than $5 billion and capital across our utilities this year and advocating for policies that support clean energy. Our strategy remains the right one, and we are committed to our value proposition. We continue to grow the utilities, targeting a 7.8% rate base growth and a 6% to 8% earnings growth through 2022. We continue to use free cash flow from the Genco to fund an incremental equity needs of the utilities, to pay down date and fund part of the growing dividend. We will continue to optimize the value of ExGen business by seeking fair compensation for our zero-emitting generation fleet, closing uneconomic plants, like we are doing with the TMI and selling assets where it makes sense to accelerating our debt reduction plans and maximizing value through the Generation to load match strategy constellation. We will sustain strong investment grade -- credit metrics and will grow our dividend annually 5% through 2020. The strategy underpinned this value proposition is effective. We remained committed to optimizing the value of our businesses and earning your ongoing support of Exelon. Operator, we can now open the call up to questions. Questions and Answers: Operator [Operator Instructions] Your first question comes from the line of Greg Gordon of Evercore ISI. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer So one high-level question and then maybe one or two in the leaps questions. And then I don't want to ask you anything that you're maybe comfortable dealing to deeply and to, but I'm going to anyway. You mentioned the concept of levers that you have pulled in order to stay on track to generate the free cash flow and credit metric targets that you laid out for us at the beginning of the year despite the fall on the forward curves. Can you talk about how you won't run power plants that aren't cash flow positive. And look, I have covered the stock for a long time, and covered it for long time, we've been in the situation before, and nothing is ever as good or as bad as it looks at the moment, but can you tell us should this persist, what some of those options are in a little bit more detail, please? Christopher Mark Crane -- President, Chief Executive Officer and Director Yes, I'll let Joe go through the list of what we've debt, laid out right now, we've talking quite a bit about it meeting on it as we watch the markets. So Joe? Kathleen L. Barron -- Exelon Corporation -- SVP of Governmental and Regulatory Yes. Greg you mentioned one of them, I think we've proven through our time without Christopher Mark Crane -- President, Chief Executive Officer and Director As you can imagine, we have a significant communications drive with the legislator and administration on the situation and we are prepared to present them with a coalition, all that Kathleen described, who is she's working with that will balance out the needs for the state, the goals that the governor set after his election to get to 100% clean by 2013 and be able to do that in an economic way that does not harm our customers. Do you want to talk about the coalition? Kathleen L. Barron -- Exelon Corporation -- SVP of Governmental and Regulatory Yes. Greg, there are a number stakeholders that are beyond the focus on getting clean energy legislation inactive in Illinois. As you know, a number of states across the country have already set with 100% clean energy targets and it's not just states like California and New York, it's across the country, and so Illinois is a lot of effort, just I'm making sure that Illinois, which is already the cleanest state in the country, has an equally aggressive target. So on that question, we have folks in the environmental community heavily focusing on environmental justice, players, the renewable developers are very focused on addressing both flaws in the prior version of the states clean energy targets to make sure that they can achieve the goals that have been set previously, but also as I said, in more ambitious new target of renewable development in the state. The Consumer Advocate is heavily focused on this policy as well because the question of state having to pay twice for capacity is very much in the forefront and ensuring that if we're going to incentivize clean energy, we can count that capacity toward our obligations at PJM. And then finally, the labor community, very focused on what these policies mean both for new construction and preservation of things in clean energy resources. So that's the coalition us focusing on putting the package together. There are a number of parties, who will come together in the end to help us communicate the message that Chris mentioned that, it is important for the state, but it's not going to be possible if we can't allow this research to allow its capacity in less worthy efforts is foundational in getting this policy done. Greg Gordon -- Evercore ICI -- Analyst And my final question was actually a numbers question. On the up-to-date -- on the update on the mark-to-market, Joe, there was $50 million decline in power new business to go. Is that because that moved into hedges because you executed sales? Or you assuming either lower volumes or lower margins in the out years in the retail business? James McHugh -- Executive Vice President and Chief Executive Officer Greg. Yes, this is Jim McHugh. That is just executed -- that's executed business has now moved into the mark-to-market of hedges. So all when you that all together and the numbers, those 2 lines would be flat from last quarter. It's just executed now. Operator Your next question comes from the line of Steve Fleishman of Wolfe Research. Steve Fleishman -- Wolfe Research. I've got follow-ups to both the Greg's questions. So first of all, just I know in the past some prices have fallen a lot. At certain times you just talked about actually how much money-losing plants there are and potential offsets. Can you give any flavor on that -- on just, hey, if prices stay this low, if we shut certain plants or generally shut plants, what the potential offset could be? Christopher Mark Crane -- President, Chief Executive Officer and Director If you're asking in market prices, we don't calculate the affect of uneconomic plants being shut down on the effect of the market. If you're asking about the affect of removing the negative free cash flow, we haven't got those numbers to be published right now. It's something that we are looking at. But we are trying to evaluate them unit by unit and then in aggregate. As we've said, publicly, right now you can see a challenge in the future, if this market persists between the capacity and the energy market, the Dresden, Bayern and Bray Wood are financially challenged. Now do you think we have got a clear path that with good coalition to support, fixing that at -- some of that at the state level, and we still are working very hard with PJM for FERC to continue on base loads scarcity and the capacity market reforms that should correct and make a fair market. So -- but short of those things happening, those 3 sites you can look into the future and see the challenges that they have. Steve Fleishman -- Wolfe Research. Okay. And then I guess, the point there is, if we're just using current forwards and taking it down that we're including basically losses on plants that you would not just sit and take forever? Christopher Mark Crane -- President, Chief Executive Officer and Director Right. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Correct. Christopher Mark Crane -- President, Chief Executive Officer and Director That's right. Either we have a clear path to securing them or the units will be shut down. We will not damage the balance sheet sitting around for years with negative free cash flow or negative earnings. Steve Fleishman -- Wolfe Research. Okay. And then just a specific question to the Illinois coalition. Can you just give any color if possible that since this news from a few weeks ago came out about the subpoena, has there been any -- have these talks continued? And is there any kind of public process we will be able to see kind of those stocks? Or is it just going to kind of be settling in legislator proposal? William A. Von Hoene -- Senior Executive Vice Presiden and Chief Strategy Officer Steve, it's Bill Von Hoene. The activity that has started and continued for a number of months on advancing the clean energy legislation among the coalition that was referenced by Kathleen and by Chris remains unchanged. We're meeting regularly, we're doing the stakeholder outreach, we're trying to craft a package and educate members of legislature and the tendency of the grand jury of subpoena has had no impact on the level of activity or the intensity of the activity in that regard. Steve Fleishman -- Wolfe Research. Okay. Thank you. Operator Your next question comes from the line of Chris Turnure of JP Morgan. Chris Turnure -- JP Morgon -- Analyst I was wondering if you could just help us with some background of your franchise agreement in Chicago kind of when that expires, the terms of renewal, etc. and kind of how you're thinking about that right now? Christopher Mark Crane -- President, Chief Executive Officer and Director Joe? Anne? Anne R. Pramaggiore -- Senior Executive Vice President and Chief Executive Officer Well, I'll start. This is Anne. And Joe may get this here as well. But basically the expiration date is the end December of 2020. The city needs to give us an indication by the end of the year as to whether they want to maintain status quo, renegotiate or terminate the franchise agreement. So we'll know by the end of the year. But we're in discussions with them. We started to have discussions around that. We understand what their priorities are and they are, I think, priorities are very much aligned with ours. They want to see more clean energy in the city of Chicago and they are concerned about vulnerable population, in particular, in terms of pricing, and those are all -- those are both strong strategic elements of our focus going forward at all our utilities. But that's the status right now. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yes, and just a supplement what Anne said. We've been in the process of these negotiations for some time. We've exchanged terms and had detailed discussions about how the agreement would be structured going forward. We had a slowdown in those negotiations during the transition to the new mayor. But those negotiations have resumed, didn't fall at this point. Chris Turnure -- JP Morgon -- Analyst Okay. And right now that is you're set of assets and you would need to be compensated if anything changed there? Christopher Mark Crane -- President, Chief Executive Officer and Director Yes. That's correct. But, again, the focus here is on getting the franchise agreement done. Our expectation is it will be fully negotiated and done. We'll address the issues that Anne talked about to the extent municipalization has looked at that will come with the very hefty price tag, as you know. And I don't think realistically that's the path we're going to go down. Chris Turnure -- JP Morgon -- Analyst Okay. And then if I guess, just more modeling here for the balance of 2019. You put out the third quarter guidance there, which was I think a little bit less than what we had expected. How are you thinking about the fourth quarter right now and what I guess might look like a O&M headwind that released in the back half overall? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yes, you heard me say in my -- it's Joe. You heard me say in my prepared remarks that we reaffirmed our guidance range of $3 to $3.30, that's inclusive of their earnings guidance we gave you obviously for the third quarter, and we're comfortable with those numbers. Chris Turnure -- JP Morgon -- Analyst Okay. Anything to think about that might be kind of onetime or nonrecurring in nature for the third or fourth quarter that could help you year-over-year? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer I mean you saw some of the drivers as -- in the second quarter when we talked about the lower load volumes that Constellation driven by the unfavorable weather and we continue to -- as Jim said, we talked about -- we continue to execute our new business at Constellation. So we continue to manage the Utility business accordingly and we're comparable with the full year guidance. Chris Turnure -- JP Morgon -- Analyst Thank you. Operator Your next question comes from the line of Michael Weinstein from Credit Suisse. Michael Weinstein -- Credit Sussie -- Analyst Just one quick follow-up on guidance. The guidance for $4.2 billion of cash flow Generation from ExGen over the next 4 years, what does that assume in terms of uneconomic plants you might be operating or if you could tell -- I guess retirements going forward in those type of plants? What's built into that $4.2 billion number? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Michael, it's Joe. As Chris mentioned in -- when he just said inclusive when you look at the 3 plants in Illinois that he mentioned Bayern, Bray Wood and Dresden, those plants are running in those cash flow forecast and into the extent of these power prices continue, there's obviously challenges financially with those. And as I said in my remarks, we won't continue to run those plants in perpetuity uneconomically. Having said that, we haven't provided the numbers specifically. But we will -- we put out a forecast on our fourth quarter call for $7.8 billion of free cash flow from 2019 to 2022 coming off Generation, but we're still working with that number. Michael Weinstein -- Credit Sussie -- Analyst So I mean, would it be accurate to say that there is upside ... Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer It's like one side of the story here obviously because we -- in the numbers we provide, we are showing you the mark-to-market. You see our gross margin disclosures and the change quarter-over-quarter driven -- this quarter driven by the price drops we saw in the second quarter. I also discussed there are other levers at our disposal those aren't reflected in our disclosures. But we can go back to what we filed on during the fourth quarter call, and that's what we've disclosed at this point. Michael Weinstein -- Credit Sussie -- Analyst Okay great. Operator Your last question comes from the line of Praful Mehta of Citigroup. Rahul Mehta -- Citigroup Thanks so much. Hi guys, so maybe just following up a little bit on the power markets. It was very helpful to get the levers that you've talked about, but just to understand from a PJM perspective, do you see more happening on the market side as in other players shutting down other plants or other form of rationalization like you've also talked about regulation. Where do you see PJM going because if it stays this way, clearly it's unsustainable. So wanted to understand how your thoughts on market would play out? James McHugh -- Executive Vice President and Chief Executive Officer Yes, Praful, this is Jim McHugh. I'll start. I think from a market perspective, first of all the one thing we -- I want to highlight to Joe's point about this at this point in time, we're already seeing the NiHub market move up $1 on the forward curve since the end of the quarter and the West Hub markets moved about $0.75 since the June 30 pricing. So we've seen a pickup in prices so far. I think when it comes to what we are working on, we talked over last several quarters on the market reform side, that as our pricing is willing to be enacting -- enacted, there's some work being done on reserves in scarcity pricing, and the ORDC curve and PJM. And then in the long-run it's a little bit lower priority right now for PJM, but the focus on the baseload price formation and through a relaxation. Those are some of the things. I think there are -- we have new builds and retirements both happening over the next 4 or 5 years as natural force of business and our fundamental analysis. So there will be a little bit of that, but I think buy and large, the reforms are around price formation and then in the longer run, if we're able to come up with a market solution to have carbon pricing in the market would be another thing in the longer that would be something we would all continue working on. The one thing that's interesting to me about where we seen these prices in that $22 area in the NiHub, if you look at Cal 21, Cal 22, Cal 23 that's trading downward to quarter 2 just clear. The Quarter 2 NiHub just cleared $22.25 with a very, very mild weather. So the entire curve is trading where a very mild quarter just traded. So it's an interesting note to me and I've given some insight into why we think those prices on the forward curve have that -- have already responded slightly higher in the last couple of weeks. Praful Mehta -- Citigroup Inc -- Analyst Now that's super helpful color. And maybe just one follow-up more strategic, if you do see these profiles does that mean that you think more retail would be helpful to the business? Do you look to expand on the retail side or maybe acquire more retail businesses? Is that something you think would work? Christopher Mark Crane -- President, Chief Executive Officer and Director Yes. So I think from a retail perspective our customer-facing businesses are doing pretty well. The margins are hanging in, our win rates are strong and we're holding our market share our retail customer-facing business and our wholesale load option and wholesale origination businesses have -- had performed well. I think as far as acquisitions and expanding it, we have a -- we thought for a while now about having grown what is the best-in-class platform. So if we will look to acquire books of business if there's a value proposition there, that we can absorb it into our best-in-class platform and just take a retail book of business. We will look for those opportunities and we will certainly take a hard look at them. Praful Mehta -- Citigroup Inc -- Analyst Really helpful thank you guys. Operator I would like to turn the call over back to speaker, Chris Crane. Please go ahead, sir. Christopher Mark Crane -- President, Chief Executive Officer and Director Thank you all for participating in the call today. We remain on track to meet our commitments to our customers, communities and shareholders. With that, we'll close up the call. Operator [Operator Closing Remarks] Duration: 45 minutes Call participants: Daniel L. Eggers -- Senior Vice President, Investor Relations Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Christopher Mark Crane -- President, Chief Executive Officer and Director James McHugh -- Executive Vice President and Chief Executive Officer William A. Von Hoene -- Senior Executive Vice Presiden and Chief Strategy Officer Anne R. Pramaggiore -- Senior Executive Vice President and Chief Executive Officer Kathleen L. Barron -- Exelon Corporation -- SVP of Governmental and Regulatory Greg Gordon -- Evercore ICI -- Analyst Steve Fleishman -- Wolfe Research. Chris Turnure -- JP Morgon -- Analyst Michael Weinstein -- Credit Sussie -- Analyst Rahul Mehta -- Citigroup Praful Mehta -- Citigroup Inc -- Analyst More EXC analysis All earnings call transcripts 10 stocks we like better than Exelon When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Exelon wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-08-02,28.2443,28.8091,28.2003,28.3587,"Friday Sector Leaders: Utilities, Financial Looking at the sectors faring best as of midday Friday, shares of Utilities companies are outperforming other sectors, higher by 0.1%. Within that group, Exelon Corp (Symbol: EXC) and NextEra Energy Inc (Symbol: NEE) are two of the day's stand-outs, showing a gain of 1.5% and 0.8%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.2% on the day, and up 15.64% year-to-date. Exelon Corp, meanwhile, is up 1.57% year-to-date, and NextEra Energy Inc is up 23.36% year-to-date. Combined, EXC and NEE make up approximately 18.8% of the underlying holdings of XLU. The next best performing sector is the Financial sector, losing just 0.2%. Among large Financial stocks, American Tower Corp (Symbol: AMT) and Iron Mountain Inc (Symbol: IRM) are the most notable, showing a gain of 2.1% and 2.1%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF (XLF), which is down 0.3% in midday trading, and up 16.73% on a year-to-date basis. American Tower Corp , meanwhile, is up 37.56% year-to-date, and Iron Mountain Inc is up 0.85% year-to-date. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, one sector is up on the day, while eight sectors are down. 25 Dividend Giants Widely Held By ETFs » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-08-05,28.3958,28.7103,28.0792,28.1485,"Utilities stocks see rare gains amid stock market selloff, tumble in Treasury yields Utilities were the only sector showing some green Monday, as its defensive nature and relatively high yield helped provide a boost as rising trade tensions sent Treasury yields tumbling. The SPDR Utilities Select Sector ETF was up 0.2% in midday trading, with 14 of 28 equity components trading higher. All the other SPDR ETFs tracking the S&P 500's 11 sectors were down at least 1%. Among the utilities ETF's (XLU) more-active shares, Exelon Corp. rose 1.2%, Xcel Energy Inc. gained 1.9% and Duke Energy Corp. tacked on 0.2%. Meanwhile, the biggest decliner was NiSource Inc.'s stock which shed 3.1%. Meanwhile, the Dow Jones Utilities Average was down 0.3%, but was the only Dow average that had gainers, as 4 of the 15 components gained ground. Meanwhile, the Dow Jones Transportation Average fell 3.0% with all 20 components losing ground and the Dow Jones Industrial Average tumbled 600 points with all 30 components in the red. The rising trade friction boosted safe-haven Treasury prices, which pushed the yield on the 10-year Treasury note down 8.7 basis points to 1.768%, toward the lowest close since October 2016. That makes utilities more attractive, as the XLU's dividend yield is 3.07%. The implied yield for the S&P 500 is 2.04%."
EXC,2019-08-06,28.2257,28.7582,28.0235,28.6498,
EXC,2019-08-07,28.5989,28.7416,28.0919,28.5237,
EXC,2019-08-08,28.5032,28.8091,28.3459,28.7817,
EXC,2019-08-09,28.9028,29.0171,28.5989,28.6449,
EXC,2019-08-12,28.7387,28.8217,28.4094,28.6449,"Ex-Dividend Reminder: Aramark, Pool and Exelon Looking at the universe of stocks we cover at Dividend Channel, on 8/14/19, Aramark (Symbol: ARMK), Pool Corp (Symbol: POOL), and Exelon Corp (Symbol: EXC) will all trade ex-dividend for their respective upcoming dividends. Aramark will pay its quarterly dividend of $0.11 on 8/29/19, Pool Corp will pay its quarterly dividend of $0.55 on 8/29/19, and Exelon Corp will pay its quarterly dividend of $0.3625 on 9/10/19. As a percentage of ARMK's recent stock price of $37.99, this dividend works out to approximately 0.29%, so look for shares of Aramark to trade 0.29% lower — all else being equal — when ARMK shares open for trading on 8/14/19. Similarly, investors should look for POOL to open 0.28% lower in price and for EXC to open 0.80% lower, all else being equal. Below are dividend history charts for ARMK, POOL, and EXC, showing historical dividends prior to the most recent ones declared. Aramark (Symbol: ARMK): Pool Corp (Symbol: POOL): Exelon Corp (Symbol: EXC): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.16% for Aramark, 1.11% for Pool Corp, and 3.20% for Exelon Corp. In Monday trading, Aramark shares are currently off about 0.3%, Pool Corp shares are down about 0.4%, and Exelon Corp shares are up about 0.3% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-08-13,28.6947,29.0015,28.3704,28.8451,"[""Exelon Corporation (EXC) Ex-Dividend Date Scheduled for August 14, 2019 Exelon Corporation (EXC) will begin trading ex-dividend on August 14, 2019. A cash dividend payment of $0.363 per share is scheduled to be paid on September 10, 2019. Shareholders who purchased EXC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that EXC has paid the same dividend. At the current stock price of $45.2, the dividend yield is 3.21%. The previous trading day's last sale of EXC was $45.2, representing a -11.68% decrease from the 52 week high of $51.18 and a 7.13% increase over the 52 week low of $42.19. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation (DUK) and Xcel Energy Inc. (XEL). EXC's current earnings per share, an indicator of a company's profitability, is $2.35. Zacks Investment Research reports EXC's forecasted earnings growth in 2019 as .69%, compared to an industry average of %. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EXC through an Exchange Traded Fund [ETF]? The following ETF(s) have EXC as a top-10 holding: VanEck Vectors Uranium & Nuclear Energy ETF (NLR) SPDR Select Sector Fund - Utilities (XLU) John Hancock Multifactor Utilities ETF (JHMU) Vanguard Utilities ETF (VPU) iShares U.S. Utilities ETF (IDU). The top-performing ETF of this group is XLU with an increase of 5.73% over the last 100 days. NLR has the highest percent weighting of EXC at 6.46%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Dow Is Falling Because Trade Worries Won\u2019t Subside Many of the worries that caused stocks to sink on Monday are hanging over into Tuesday, including protests in Hong Kong, concerns about global growth in the face of a trade war, and political uncertainty in Europe.""]"
EXC,2019-08-14,28.7875,28.8451,28.2649,28.4123,
EXC,2019-08-15,28.3733,28.7191,28.3087,28.5208,
EXC,2019-08-16,28.6292,28.8579,28.4895,28.8276,
EXC,2019-08-19,28.8716,29.0308,28.7055,28.9224,"April 2020 Options Now Available For Exelon (EXC) Investors in Exelon Corp (Symbol: EXC) saw new options become available today, for the April 2020 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 242 days until expiration the newly available contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the EXC options chain for the new April 2020 contracts and identified one put and one call contract of particular interest. The put contract at the $45.00 strike price has a current bid of $2.45. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $45.00, but will also collect the premium, putting the cost basis of the shares at $42.55 (before broker commissions). To an investor already interested in purchasing shares of EXC, that could represent an attractive alternative to paying $45.27/share today. Because the $45.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 53%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 5.44% return on the cash commitment, or 8.21% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $45.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $46.00 strike price has a current bid of $2.15. If an investor was to purchase shares of EXC stock at the current price level of $45.27/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $46.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 6.36% if the stock gets called away at the April 2020 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if EXC shares really soar, which is why looking at the trailing twelve month trading history for Exelon Corp, as well as studying the business fundamentals becomes important. Below is a chart showing EXC's trailing twelve month trading history, with the $46.00 strike highlighted in red: Considering the fact that the $46.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 55%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 4.75% boost of extra return to the investor, or 7.16% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 23%, while the implied volatility in the call contract example is 18%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 250 trading day closing values as well as today's price of $45.27) to be 16%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-08-20,28.9858,28.9928,28.68,28.8793,
EXC,2019-08-21,28.8863,29.1216,28.7729,29.0249,
EXC,2019-08-22,29.0249,29.1813,28.8793,29.0768,
EXC,2019-08-23,28.9624,29.1461,28.5521,28.6663,
EXC,2019-08-26,28.7631,29.1852,28.6732,29.1773,"Implied USMF Analyst Target Price: $33 Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the WisdomTree U.S. Multifactor Fund ETF (Symbol: USMF), we found that the implied analyst target price for the ETF based upon its underlying holdings is $32.86 per unit. With USMF trading at a recent price near $29.44 per unit, that means that analysts see 11.61% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of USMF's underlying holdings with notable upside to their analyst target prices are Molina Healthcare Inc (Symbol: MOH), Exelon Corp (Symbol: EXC), and Lennar Corp (Symbol: LEN). Although MOH has traded at a recent price of $127.33/share, the average analyst target is 29.58% higher at $165.00/share. Similarly, EXC has 14.47% upside from the recent share price of $44.88 if the average analyst target price of $51.38/share is reached, and analysts on average are expecting LEN to reach a target price of $57.92/share, which is 13.10% above the recent price of $51.21. Below is a twelve month price history chart comparing the stock performance of MOH, EXC, and LEN: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-08-27,29.7656,30.0196,29.5165,29.5359,
EXC,2019-08-28,29.492,29.7148,29.3991,29.6572,
EXC,2019-08-29,29.8174,29.8788,29.5868,29.8624,
EXC,2019-08-30,30.0039,30.3176,29.8691,30.1876,
EXC,2019-09-03,30.0723,30.6283,30.0039,30.6097,"Exelon Breaks Above 200-Day Moving Average - Bullish for EXC In trading on Tuesday, shares of Exelon Corp (Symbol: EXC) crossed above their 200 day moving average of $47.73, changing hands as high as $47.88 per share. Exelon Corp shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $42.19 per share, with $51.18 as the 52 week high point — that compares with a last trade of $47.86. Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-09-04,30.7817,30.813,30.4358,30.6596,
EXC,2019-09-05,30.5257,30.8384,30.4358,30.7367,
EXC,2019-09-06,31.0249,31.1481,30.6341,30.7367,
EXC,2019-09-09,30.6097,30.8198,30.5198,30.6791,
EXC,2019-09-10,30.6146,30.9615,30.5648,30.8833,
EXC,2019-09-11,30.8267,31.1422,30.6283,31.1266,
EXC,2019-09-12,31.2994,31.3561,30.5775,30.5833,"[""Thursday Sector Laggards: Energy, Utilities Looking at the sectors faring worst as of midday Thursday, shares of Energy companies are underperforming other sectors, showing a 1.4% loss. Within that group, Cimarex Energy Co (Symbol: XEC) and National Oilwell Varco Inc (Symbol: NOV) are two of the day's laggards, showing a loss of 4.5% and 4.3%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is down 0.6% on the day, and up 7.57% year-to-date. Cimarex Energy Co, meanwhile, is down 27.82% year-to-date, and National Oilwell Varco Inc, is down 10.27% year-to-date. Combined, XEC and NOV make up approximately 1.2% of the underlying holdings of XLE. The next worst performing sector is the Utilities sector, up 0.1%. Among large Utilities stocks, CenterPoint Energy, Inc (Symbol: CNP) and Exelon Corp (Symbol: EXC) are the most notable, showing a loss of 1.7% and 1.1%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is up 0.1% in midday trading, and up 21.22% on a year-to-date basis. CenterPoint Energy, Inc, meanwhile, is up 8.91% year-to-date, and Exelon Corp is up 9.33% year-to-date. Combined, CNP and EXC make up approximately 7.3% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Thursday. As you can see, eight sectors are up on the day, while one sector is down. 25 Dividend Giants Widely Held By ETFs \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""XLU, EXC, AEP, SRE: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $56.9 million dollar outflow -- that's a 0.5% decrease week over week (from 176,270,000 to 175,370,000). Among the largest underlying components of XLU, in trading today Exelon Corp (Symbol: EXC) is off about 0.9%, American Electric Power Co Inc (Symbol: AEP) is up about 0.3%, and Sempra Energy (Symbol: SRE) is higher by about 0.1%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $50.81 per share, with $64.03 as the 52 week high point \u2014 that compares with a last trade of $63.31. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb. Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-09-13,30.4055,30.5833,29.793,30.1936,"Friday Sector Laggards: Utilities, Technology & Communications The worst performing sector as of midday Friday is the Utilities sector, showing a 0.4% loss. Within that group, Exelon Corp (Symbol: EXC) and Public Service Enterprise Group Inc (Symbol: PEG) are two large stocks that are lagging, showing a loss of 1.4% and 1.2%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.6% on the day, and up 20.68% year-to-date. Exelon Corp, meanwhile, is up 7.13% year-to-date, and Public Service Enterprise Group Inc is up 19.35% year-to-date. Combined, EXC and PEG make up approximately 9.0% of the underlying holdings of XLU. The next worst performing sector is the Technology & Communications sector, showing a 0.3% loss. Among large Technology & Communications stocks, CenturyLink Inc (Symbol: CTL) and Broadcom Inc (Symbol: AVGO) are the most notable, showing a loss of 4.5% and 2.5%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is down 0.6% in midday trading, and up 32.00% on a year-to-date basis. CenturyLink Inc, meanwhile, is down 9.80% year-to-date, and Broadcom Inc is up 17.40% year-to-date. AVGO makes up approximately 2.1% of the underlying holdings of XLK. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, five sectors are up on the day, while three sectors are down. 25 Dividend Giants Widely Held By ETFs » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-09-16,30.1936,30.2747,30.0039,30.2648,
EXC,2019-09-17,30.2648,30.2648,30.2648,30.2648,
EXC,2019-09-18,30.3538,30.6742,30.3274,30.6214,"[""Wednesday Sector Leaders: Utilities, Financial In afternoon trading on Wednesday, Utilities stocks are the best performing sector, higher by 0.4%. Within the sector, Dominion Energy Inc (Symbol: D) and Exelon Corp (Symbol: EXC) are two large stocks leading the way, showing a gain of 1.4% and 1.2%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.5% on the day, and up 22.35% year-to-date. Dominion Energy Inc , meanwhile, is up 16.03% year-to-date, and Exelon Corp is up 8.51% year-to-date. Combined, D and EXC make up approximately 12.8% of the underlying holdings of XLU. The next best performing sector is the Financial sector, losing just 0.1%. Among large Financial stocks, Blackrock Inc (Symbol: BLK) and Cboe Global Markets Inc (Symbol: CBOE) are the most notable, showing a gain of 1.1% and 1.1%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF (XLF), which is up 0.1% in midday trading, and up 20.61% on a year-to-date basis. Blackrock Inc, meanwhile, is up 15.53% year-to-date, and Cboe Global Markets Inc is up 17.33% year-to-date. Combined, BLK and CBOE make up approximately 2.0% of the underlying holdings of XLF. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, one sector is up on the day, while eight sectors are down. 10 ETFs With Stocks That Insiders Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Wednesday's ETF Movers: XLU, OIH In trading on Wednesday, the The Utilities Select Sector SPDR Fund ETF is outperforming other ETFs, up about 0.5% on the day. Components of that ETF showing particular strength include shares of Dominion Energy, up about 1.7% and shares of Exelon, up about 1.1% on the day. And underperforming other ETFs today is the Oil Services ETF, off about 2.6% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Mcdermott International, lower by about 49%, and shares of RPC, lower by about 7% on the day. VIDEO: Wednesday's ETF Movers: XLU, OIH The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-09-19,30.7114,30.7114,30.4182,30.5315,
EXC,2019-09-20,30.6742,31.0366,30.6341,30.9488,"Friday Sector Leaders: Healthcare, Utilities In afternoon trading on Friday, Healthcare stocks are the best performing sector, higher by 0.6%. Within that group, Incyte Corporation (Symbol: INCY) and Align Technology Inc (Symbol: ALGN) are two of the day's stand-outs, showing a gain of 4.3% and 3.1%, respectively. Among healthcare ETFs, one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is up 0.1% on the day, and up 7.21% year-to-date. Incyte Corporation, meanwhile, is up 28.13% year-to-date, and Align Technology Inc, is down 11.24% year-to-date. Combined, INCY and ALGN make up approximately 0.8% of the underlying holdings of XLV. The next best performing sector is the Utilities sector, up 0.4%. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and CenterPoint Energy, Inc (Symbol: CNP) are the most notable, showing a gain of 1.4% and 1.1%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 0.5% in midday trading, and up 22.31% on a year-to-date basis. Exelon Corp, meanwhile, is up 9.90% year-to-date, and CenterPoint Energy, Inc is up 10.61% year-to-date. Combined, EXC and CNP make up approximately 7.1% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, two sectors are up on the day, while seven sectors are down. 25 Dividend Giants Widely Held By ETFs » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-09-23,30.8384,30.9272,30.7054,30.8589,
EXC,2019-09-24,31.0045,31.3112,30.9615,31.1706,
EXC,2019-09-25,31.1647,31.3278,30.9672,31.3054,"[""Wednesday Sector Laggards: Utilities, Healthcare Looking at the sectors faring worst as of midday Wednesday, shares of Utilities companies are underperforming other sectors, showing a 0.3% loss. Within that group, Exelon Corp (Symbol: EXC) and PPL Corp (Symbol: PPL) are two of the day's laggards, showing a loss of 2.5% and 1.4%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.4% on the day, and up 24.35% year-to-date. Exelon Corp, meanwhile, is up 10.62% year-to-date, and PPL Corp is up 14.33% year-to-date. Combined, EXC and PPL make up approximately 7.9% of the underlying holdings of XLU. The next worst performing sector is the Healthcare sector, not showing much of a gain. Among large Healthcare stocks, Medtronic PLC (Symbol: MDT) and HCA Healthcare Inc (Symbol: HCA) are the most notable, showing a loss of 2.3% and 1.8%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is down 0.3% in midday trading, and up 5.82% on a year-to-date basis. Medtronic PLC, meanwhile, is up 19.03% year-to-date, and HCA Healthcare Inc, is down 3.31% year-to-date. Combined, MDT and HCA make up approximately 5.3% of the underlying holdings of XLV. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, seven sectors are up on the day, while one sector is down. 25 Dividend Giants Widely Held By ETFs \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Transfers Listing to Nasdaq 1/5 Nuclear electric power generation company Exelon Corp. has joined the Nasdaq Global Select Market, switching from the New York Stock Exchange after nearly two decades. Exelon common stock began trading on Nasdaq at market open on Sept. 25 and will continue to be listed under the ticker symbol EXC. We innovate to serve our customers and continue to strive to serve our communities with a cleaner and brighter future. Nasdaq is the world\u2019s most cost-efficient electronic trading platform with a goal of incorporating the environment in their business plan. We are proud to be amongst the world\u2019s top tech and innovative companies at Nasdaq. Christopher M. Crane, President and CEO, Exelon Exelon\u2019s switch comes amid Climate Week NYC, an annual event that takes place alongside the UN General Assembly and brings together international leaders from business, government and civil society to showcase global climate action. Exelon is committed to a clean energy future, having among the lowest emission rates in the industry and returning a majority of water used in its facilities directly to the source from which it was initially withdrawn. \u201cExelon is a forward-thinking energy company that sets a precedent for the evolving sector. They share our values that ESG and sustainability are imperative to the long-term growth of companies,\u201d said Nelson Griggs, President of the Nasdaq Stock Exchange. As Exelon switches, the broader power market has been under pressure for some time, but volatility in the power market is nothing new, according to Barclays. \u201cThe main difference now seems to be the significant reserve margins coupled with increasing renewable additions,\u201d Barclays analyst Eric Beaumont said. \u201cTo this end, it is important to realize that many states are focusing on clean energy standards to ascribe value to generation with favorable environmental attributes.\u201d Further, the company, which supports clean energy, continues to show solid growth, backed by the 7.8% expected rate base growth, according to Barclays. \u201cWe see significant potential for revaluation as a short-term over-reaction to power prices normalizes,\u201d Beaumont wrote in Aug. 13 research note. Barclays upgraded the stock to Overweight, with a $52 price target. Similarly, Morgan Stanley analysts think the volatility in the power market provides a solid entry point to own a strong cash flow generating merchant business with opportunities for upside. The firm also upgraded the Exelon stock to Overweight with a $60 price target. \u201cWe think the stock is too cheap to ignore and worth owning for the fundamental valuation upside, which offers a highly attractive risk-reward skew,\u201d Morgan Stanley analysts, including Stephen Byrd, wrote in an Aug. 27 research note. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-09-26,31.3318,31.4998,31.151,31.4138,
EXC,2019-09-27,31.4461,31.4461,30.8384,31.0309,
EXC,2019-09-30,31.0366,31.1706,30.8002,30.8589,"3 Stocks Set to Benefit From Corporate Clean Energy Demand With each passing day, more and more of America's largest companies are committing to powering their businesses with 100% renewable energy within the next few years. Thanks to the rapid decline in costs for contracted wind and solar power, renewable energy has become increasingly competitive. Quick action has also become necessary, as some companies face a short timeline to satisfy investors who are increasingly demanding action. A new catalyst for growth has been a new organization around the cause. RE100, a corporate leadership initiative that aims to bring together businesses committed to 100% renewable electricity, has reached 200 members. There are a few ways companies can achieve this ambitious goal, and three companies, NextEra Energy (NYSE: NEE), Iron Mountain (NYSE: IRM), and Exelon (NYSE: EXC), are great examples of how those companies can capitalize on these decisions. Here's a look at how all three are driving better business outcomes from renewable energy. Image source: Getty Images. NextEra Energy: The first mover on contracts Corporate contracts may seem like a small component of NextEra Energy's massive renewables development pipeline, but its experience with corporates could give the company even more competitive advantage as more prospective contract counterparties look to quickly meet green goals. NextEra signed its first deal to supply Google with power in 2010, agreeing to provide 114 megawatts from its Story II wind energy center in Iowa. Since that time it has signed deals to provide 100% renewable power to multiple corporate clients as part of its much larger renewable power generation pipeline. In its most recent investor presentation slides, the company cites commercial and industrial, or C&I, demand as one of several factors driving what it projects will be more than 80 gigawatts of US renewables demand through 2022. The company states that its NextEra Energy Resources unit's 11.7-gigawatt renewables backlog of projects is the largest in its history, and presentation materials also list more than 1.6 gigawatts in renewables projects through 2022 as ""contracted, not yet announced."" Iron Mountain: Using green power as a selling point Data center operator Iron Mountain holds a unique place in the landscape because it has been contracting with renewable project developers to power its own businesses but is also using green energy as a draw to line up new data center tenants. The company used its clean energy success to create a new product, and in June signed its first customers for its Green Power Pass, a program that will ensure power consumed at its data centers is 100% renewable. In a September 12 investor presentation, Iron Mountain highlighted the Green Power Pass as a factor that enables the company to provide a ""differentiated data center offering"" that supports its own growth and provides a solution for its customers' digital transformation challenges. NEE data by YCharts Exelon: The more modern utility Exelon, despite a long history of producing coal-fired and nuclear power, has been working to establish itself as a clean energy player. In mid-September its Constellation unit emerged with a new corporate renewable supply program, Constellation Offsite Renewables, or CORe. The company signed on a university, a spice manufacturer, and a retailer to buy a combined 175 megawatts from the program, which Exelon describes as increasing access to renewable energy for commercial customers by removing the ""significant hurdles"" that accompany traditional offsite power purchase agreements. The new contract with three buyers extends for 15 years. The company has many traditional utility units, including Baltimore Gas and Electric, PECO, PEPCO, Delmarva Power and Light, and Atlantic City Electric, and C&I contracts already make up a significant piece of the company's revenue mix. The new program enables the company to hang on to existing customers who want to go green and attract new buyers. Hold these stocks as corporate demand keeps growing NextEra Energy, Iron Mountain, and Exelon have well-established programs to meet the demands of corporations with near-term and long-term renewable energy goals. Combine this with track records of generating solid returns and rewarding investors with high-yielding dividends, and all three companies are solid options for investors waiting for corporate contract volume to translate into improved revenue and earnings. 10 stocks we like better than Exelon When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Exelon wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 Alison Healey has no position in any of the stocks mentioned. The Motley Fool recommends NextEra Energy. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-10-01,30.813,30.8833,30.5394,30.6487,"PBUS's Holdings Could Mean 10% Gain Potential Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Invesco PureBeta MSCI USA ETF (Symbol: PBUS), we found that the implied analyst target price for the ETF based upon its underlying holdings is $32.45 per unit. With PBUS trading at a recent price near $29.37 per unit, that means that analysts see 10.47% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of PBUS's underlying holdings with notable upside to their analyst target prices are Flex Ltd (Symbol: FLEX), Vail Resorts Inc (Symbol: MTN), and Exelon Corp (Symbol: EXC). Although FLEX has traded at a recent price of $10.46/share, the average analyst target is 30.59% higher at $13.67/share. Similarly, MTN has 12.84% upside from the recent share price of $227.56 if the average analyst target price of $256.78/share is reached, and analysts on average are expecting EXC to reach a target price of $53.44/share, which is 10.61% above the recent price of $48.31. Below is a twelve month price history chart comparing the stock performance of FLEX, MTN, and EXC: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-10-02,30.6927,30.7299,30.3605,30.4182,
EXC,2019-10-03,30.4955,30.5198,30.2424,30.4818,
EXC,2019-10-04,30.6283,30.9732,30.4387,30.9488,
EXC,2019-10-07,30.8071,31.0289,30.6487,30.9545,"LRGF, TGT, NSC, EXC: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Edge MSCI Multifactor USA ETF (Symbol: LRGF) where we have detected an approximate $55.1 million dollar outflow -- that's a 5.8% decrease week over week (from 30,150,000 to 28,400,000). Among the largest underlying components of LRGF, in trading today Target Corp (Symbol: TGT) is off about 1.1%, Norfolk Southern Corp (Symbol: NSC) is down about 0.3%, and Exelon Corp (Symbol: EXC) is lower by about 0.4%. For a complete list of holdings, visit the LRGF Holdings page » The chart below shows the one year price performance of LRGF, versus its 200 day moving average: Looking at the chart above, LRGF's low point in its 52 week range is $26.47 per share, with $33.26 as the 52 week high point — that compares with a last trade of $31.44. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Sponsored Links Burnt out? Take These 3 Steps Wharton Executive Education Read More Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-10-08,30.768,30.9488,30.5012,30.513,"The hottest stock-market sector in the past year beats technology and real estate Utility stocks have not only soared during the past 12 months, they have also measured up well over the long haul Utility stocks have not only soared during the past 12 months, they have also measured up well over the long haul."
EXC,2019-10-09,30.5012,30.7299,30.4055,30.6039,"Cultivating Innovation to Combat Climate Change Exelon is taking big steps to combat climate change. Earlier this month, the Exelon Foundation and Exelon Corp.—the nation’s largest generator of carbon-free energy and the only electric and gas utility in the Fortune 100—launched a $20 million Climate Change Investment Initiative (2c2i) to fund startups working on new technologies to reduce greenhouse gas emissions and mitigate climate change. The initiative marks the Exelon Foundation’s latest effort to support programs that benefit the environment and builds upon Exelon Corp.’s continuing goal to create a clean, next-generation energy grid. “Exelon stands with the vast majority of our customers who want cleaner air and affordable, reliable energy,” said Chris Crane, Exelon CEO. “With recent advances in technology, these are no longer mutually exclusive objectives.” By utilizing the innovative approach of impact investing, the initiative will generate a measurable, beneficial impact on climate change. The Exelon Foundation will contribute $10 million over the next decade to fund the initiative, which will focus on clean energy and environmental technologies with potential for wide-scale commercialization. In addition, Exelon will match that grant with up to $10 million in pro-bono services, including mentoring entrepreneurs on ways to access other sources of capital, structure business plans, allocate financial resources and meet regulatory requirements. The start-ups also will be able to tap the company’s internal innovation programs, such as Exelorate Growth, Constellation Technology Ventures and Partnership R&D, for counsel. The selection process will evalutate candidates focused on a specific criteria, with minority- and women-owned businesses receiving particular consideration. First, startups must be working on technologies that could ultimately benefit at least one of Exelon’s six major urban markets: Atlantic City, Chicago, Baltimore, Philadelphia, Washington, D.C., and Wilmington, Del. Their innovations also must have potential to mitigate greenhouse gas emissions; boost the resiliency of urban infrastructure (e.g., the power grid, transportation systems, buildings, vacant land); or help cities, businesses and communities adapt to climate change and reach specific sustainability and climate goals. The Exelon Foundation Climate Change Investment Initiative will put us a step closer to a clean energy future by helping entrepreneurs translate their ideas for reversing climate change into practical solutions. Chris Crane, EXELON CEO Applications for the Exelon Climate Change Investment Initiative can be submitted online at www.exelonfoundation2c2i.com. The submission deadline is October 25. Exelon expects to announce its first funded class of entrepreneurs in December, providing $1 million in total funding to eight to 12 seed-stage startups. The fund’s launch coincided with Exelon’s (EXC) first day of trading on Nasdaq, which is the platform many of the world’s leading innovative companies call home. Just as Exelon is committed to eliminating carbon emissions from power generation, Nasdaq is optimizing its facilities footprint to cut energy use and preserve resources. Nasdaq’s MarketSite in Times Square, for example, became carbon neutral in 2018, offsetting all of the power it uses with wind-power credits. The Exelon Foundation and Exelon Corp.’s new Climate Change Investment Initiative also comes as hundreds of state, municipal and local entities are working to cut carbon emissions, boost infrastructure resiliency and better adapt to climate change by improving the energy efficiency of buildings, electrifying the transportation sector and expanding renewable energy penetration, among other actions. Many markets in Exelon’s service territory are setting ambitious clean-energy goals. Illinois, for example, wants to meet 25 percent of its energy needs with power generated from renewable sources by 2026, while Washington, D.C., and Philadelphia are aiming for 100 percent renewable energy by 2032 and 2035, respectively. Reaching these goals will create more opportunities for entrepreneurs to bring new technologies to market. Exelon serves the largest number of electricity and natural gas customers in the U.S.. It has about 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania served by its utility subsidiaries: Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco. This content was paid for by an advertiser. The views and opinions expressed herein do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-10-10,30.4554,30.4856,30.0792,30.2902,
EXC,2019-10-11,30.3713,30.6214,30.2991,30.3478,
EXC,2019-10-14,30.4182,30.4417,29.957,30.0899,
EXC,2019-10-15,30.1046,30.258,29.9756,30.0606,
EXC,2019-10-16,29.8624,29.8624,28.5775,28.6869,"Exelon Stock Getting Very Oversold In trading on Wednesday, shares of Exelon Corp (Symbol: EXC) entered into oversold territory, changing hands as low as $44.835 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Exelon Corp, the RSI reading has hit 27.0 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 48.7, the RSI of WTI Crude Oil is at 46.2, the RSI of Henry Hub Natural Gas is presently 47.7, and the 3-2-1 Crack Spread RSI is 76.4. A bullish investor could look at EXC's 27.0 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), EXC's low point in its 52 week range is $42.80 per share, with $51.18 as the 52 week high point — that compares with a last trade of $44.85. Exelon Corp shares are currently trading down about 4.7% on the day. Click here to find out which 9 other oversold energy stocks you need to know about » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-10-17,28.298,28.3489,27.7313,28.1437,
EXC,2019-10-18,28.1046,28.5941,28.0547,28.5316,"Friday Sector Leaders: Financial, Utilities The best performing sector as of midday Friday is the Financial sector, higher by 0.8%. Within the sector, State Street Corp. (Symbol: STT) and People's United Financial Inc (Symbol: PBCT) are two large stocks leading the way, showing a gain of 5.8% and 5.1%, respectively. Among financial ETFs, one ETF following the sector is the Financial Select Sector SPDR ETF (Symbol: XLF), which is up 0.5% on the day, and up 20.06% year-to-date. State Street Corp., meanwhile, is up 3.16% year-to-date, and People's United Financial Inc is up 18.58% year-to-date. Combined, STT and PBCT make up approximately 0.9% of the underlying holdings of XLF. The next best performing sector is the Utilities sector, up 0.4%. Among large Utilities stocks, AES Corp. (Symbol: AES) and Exelon Corp (Symbol: EXC) are the most notable, showing a gain of 1.3% and 1.2%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is up 0.3% in midday trading, and up 23.28% on a year-to-date basis. AES Corp., meanwhile, is up 16.57% year-to-date, and Exelon Corp is up 1.28% year-to-date. Combined, AES and EXC make up approximately 6.3% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, five sectors are up on the day, while four sectors are down. 25 Dividend Giants Widely Held By ETFs » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-10-21,28.6038,28.6663,28.3918,28.5579,
EXC,2019-10-22,28.726,28.9117,28.4817,28.9038,"Interesting EXC Put And Call Options For December 20th Investors in Exelon Corp (Symbol: EXC) saw new options begin trading this week, for the December 20th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the EXC options chain for the new December 20th contracts and identified one put and one call contract of particular interest. The put contract at the $43.00 strike price has a current bid of 70 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $43.00, but will also collect the premium, putting the cost basis of the shares at $42.30 (before broker commissions). To an investor already interested in purchasing shares of EXC, that could represent an attractive alternative to paying $44.74/share today. Because the $43.00 strike represents an approximate 4% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 73%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 1.63% return on the cash commitment, or 10.06% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $43.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $45.00 strike price has a current bid of $1.10. If an investor was to purchase shares of EXC stock at the current price level of $44.74/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $45.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 3.04% if the stock gets called away at the December 20th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if EXC shares really soar, which is why looking at the trailing twelve month trading history for Exelon Corp, as well as studying the business fundamentals becomes important. Below is a chart showing EXC's trailing twelve month trading history, with the $45.00 strike highlighted in red: Considering the fact that the $45.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 53%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 2.46% boost of extra return to the investor, or 15.20% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 23%, while the implied volatility in the call contract example is 17%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $44.74) to be 17%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-10-23,29.0699,29.2487,28.8451,29.1588,
EXC,2019-10-24,29.1012,29.5486,29.1012,29.4978,
EXC,2019-10-25,29.4598,29.5359,29.1334,29.3133,
EXC,2019-10-28,29.2741,29.3133,29.0249,29.1276,
EXC,2019-10-29,29.1159,29.363,28.9801,29.2936,
EXC,2019-10-30,29.2673,29.8114,29.2165,29.8057,
EXC,2019-10-31,29.7021,29.8174,28.8237,29.0572,"[""Exelon Corp (EXC) Q3 2019 Earnings Call Transcript Image source: The Motley Fool. Exelon Corp (NYSE: EXC) Q3 2019 Earnings Call Oct 31, 2019, 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Ladies and gentlemen, thank you for standing by and welcome to the Exelon 2019 Third Quarter Earnings Call. [Operator Instructions]. I would now like to hand the call over to your speaker today, Dan Eggers, Senior Vice President of Corporate Finance. Please go ahead, sir. Daniel L. Eggers -- Senior Vice President, Corporate Finance Thank you, Tamra. Good morning, everyone, and thank you for joining our third quarter 2019earnings conference call Leading the call today are Chris Crane, Exelon's President and Chief Executive Officer; and Joe Nigro Exelon's Chief Financial Officer. They're joined by other members of Exelon senior management team who will be available to answer your questions following our prepared remarks. We issued our earnings release this morning along with the presentation, both of which can be found in the Investor Relations section of Exelon's website. The earnings release and other matters, which we discuss during today's call contain forward-looking statements and estimates that are subject to various risks and uncertainties, actual results could differ from our forward-looking statements based on factors and assumptions discussed in today's material and comments made during this call. Please refer to today's 8-K and Exelon's other SEC filings for discussions of risk factors and factors that may cause results to differ from management's projections, forecasts and expectations. Today's presentation also includes references to adjusted operating earnings and other non-GAAP measures. Please refer to the information contained in the appendix of our presentation. And our earnings release for reconciliations between the non-GAAP measures and the nearest equivalent GAAP measures. I'll turn the call over to Mr. Chris Crane, Exelon's Chief Executive Officer. Chris M. Crane -- President and Chief Executive Officer Thank you, Dan, and good morning, everyone. We had a good quarter delivering strong earnings, excellent customer service across our utilities and our nuclear units ran at high levels of reliability. I'll turn to our regular reporting of our financial performance in a minute, but I first want to address a matter that I know is on all of our minds. We have been -- we have publicly reported we have received two grand-jury subpoenas; the subjects which are lobbying practices in Illinois and the company's relationship with an Illinois state senator. These subpoenas and the speculation about what's behind them have dominated the news about Exelon and ComEd. Given that the investigations are ongoing we cannot discuss many details, but I'll tell you this, when we learned of these investigations we pledged complete cooperation with the government and that is the path we have taken. The company's outside lawyers are undertaking an exhaustive investigation of the facts relevant to the subpoenas, a special committee of the Board represented by its own outside counsel has also been informed and is being briefed on the investigation. Exelon's outside lawyers are sharing the results of the investigation with the government on an ongoing basis. Their investigation is enabling us to determine what changes necessary internally to ensure that going forward we operate at the highest possible standards, not whether actions have been legal or not but rather which go beyond the ethical reproach. We are keeping our eye on the ball by staying focused on the operational and the strategic path that has delivered the success. Now I'll turn to the regular report and answer any questions about that I can at the end of the call. Starting on Slide 5, we've had positive developments over the quarter. First, we were named Dow Jones Sustainability Index for the 14th year in a row with Exelon continuing to score in the top 20% of North American companies in all industries. Second, we launched a Climate Investment Initiative to invest $20 million and start-ups in our service territories that are working on new technologies to reduce greenhouse emission -- gas emissions in climate change -- mitigating climate change. Third, Pepco Maryland was granted a 9.6 allowed ROE in its most recent rate case. This is an improvement and the results continued to -- through the enhancement in our reliability and customer service for our customers. Fourth, the Maryland PSC issued an order in the alternative rate making proceeding known as PC 51, allowing Maryland utilities to file a multi-year rate plan as soon as next year. Fifth, the New York Supreme Court rejected challenges to the New York ZEC program removing the last remaining legal challenge in front of us. Sixth the Governor Wealth Issue and executive order beginning to process for Pennsylvania to join REGI, the Regional Greenhouse Gas Initiative. This will allow Pennsylvania to meet its climate goals while helping to preserve the state's remaining zero carbon nuclear plants. Seventh, earlier this week, we announced an agreement with Governor Hogan in Maryland that will allow us to continue to operate Conowingo Dam and protect the long-term health of the Chesapeake Bay. Continued production of carbon free energy from the dam is vital to support Governor Hogan's goal in generating a 100% clean electricity in Maryland by 2040. Finally, we're announcing new round of cost savings at ExGen finding an additional $100 million savings. We continue to work hard at driving efficiencies and adapting to current market conditions. These savings will help ExGen navigate the depressed forwards but will not be enough to overcome the financial challenges of some of our Illinois nuclear plants. I realize there has been some discussion on the potential impact of the investigation on the prospects of a clean energy legislation in Illinois. The need for clean energy legislation is bigger than just one stakeholder or one company. We are one part, but only one part of the ongoing discussion about the urgent need for legislation in Illinois. With the roadblock, excuse me, with the rollback of environmental regulations in Washington, states across the country are taking action to require emission reductions, so they can benefit from clean energy economy that will result. This is true Illinois where many stakeholders and policymakers want for Illinois on a path to 100% clean drive and drive electrification of transportation and to protect our communities. They believe the act action is urgently needed in Illinois to ensure clean air, reliable service in affordable rates for Illinois consumers. Exelon nuclear plants are essential to achieving these goals. The four plants without ZECs avoid $45 million metric tons of carbon dioxide emission contribute 4.5 billion in state gross domestic product pay $149 million in state taxes and if they were to retire prematurely Illinois customers -- consumers will pay more than $483 million more in electricity annually. I should point out that the delays in enacting the legislation are in part linked to FERC's delay in issuing an order on PJM market capacity. This is due to the lack of quorum until the end of November when Commissioner Glick completes his reclusive [Phonetic] period, and while the FERC delay is very frustrating. It does allow Illinois more time to enact and implement the legislation changes in time to protect the clean energy programs from negative treatment in PJM capacity auction. The delay in FERC order will push back the 2022 and '23 auction until at least late fall of 2020. Spring passage of legislation will allow for Illinois clean energy procurement mechanism to be in place before the 2023/2024 capacity auction and potentially before the 2022/2023 auction as well. Moving to our financial results, we have had a strong quarter with the earnings above our guidance. Our GAAP-based -- on a GAAP basis, we earned $0.79 per share versus $0.76 per share last year. On a non-GAAP basis, we earned $0.92 per share versus $0.88 per share last year. Joe will cover these details in his remarks. Moving onto Slide 6, operational performance at the utilities was mix this quarter. Each of our utilities performed well on customer operations side, with mostly top quartile performance. However, only ComEd performed in the first quartile and outage frequency and duration metrics. This year, the Mid Atlantic -- in the Middle Atlantic, we have seen significantly more storms and abnormally higher temperatures which increased vegetation impacts it caused on the reliability related issues. For instance PHI had 27 minor storms in 2019 compared to four in 2018. These drove the lower reliability metrics for our mid-Atlantic utilities. Generation performed well during the quarter. Nuclear produced 39.2 terawatt hours of zero emission electricity with a capacity factor of 95.5. Exelon power exceeded our plan and had a gas and hydro dispatch match of 97.5 and a wind and solar capture of 96.5. That said, we also had some outages in Texas during critical hours that were disappointing and cause us to miss out on some of the bigger opportunities in ERCOT. For now, I'll turn it over to Joe, and then we'll go to the questions after. Thank you. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Thank you, Chris, and good morning, everyone. Today, I will cover our third quarter results, quarterly financial updates, including trailing 12 month ROEs at the utilities and our hedge disclosures. I will also provide an update on our full year 2019 guidance and our cost management program. First, turning to Slide 7, we earned $0.79 per share on a GAAP basis and $0.92 per share on a non-GAAP basis which exceeded our guidance range of $0.80 to $0.90 per share. The outperformance was driven by Exelon utility which delivered a combined $0.56 per share net of holding company expenses. Utility earnings were higher relative to guidance, driven largely by O&M timing during the quarter and favorable weather in our non-decoupled jurisdictions including PECO, Atlantic City Electric and Delmarva Delaware. As a reminder, in total, we are approximately 70% decoupled across our utilities. ExGen earned $0.36 per share, which was a little behind our plan. The third quarter was impacted by unplanned outages at owned and contracted assets in ERCOT which unfortunately hit during periods of high prices. Although, we had one of the top 10 hottest summers in 70 years in PJM and the third hottest September on record, we saw lower prices and volatility which resulted in less ability to optimize our wholesale portfolio during the quarter. Turning to Slide 8, we show our quarter-over-quarter walk. The $0.92 per share in the third quarter of this year was $0.04 per share higher than the third quarter of 2018. Exelon Utilities less HoldCo earnings were up $0.001 per share compared with last year. The earnings growth was driven primarily by higher distribution rates, associated with completed rate cases relative to the third quarter of 2018. This was partially offset by unfavorable weather in load at PECO. ExGen's earnings were up $0.03 per share compared with last year, benefiting from fewer planned nuclear outage days at our owned and operated plants and savings associated with our cost management program. Higher ZEC revenues from the increase in New York ZEC pricing and the start of the New Jersey ZEC program in April of 2019 also contributed to ExGen's year-over-year earnings growth. These were partially offset by lower capacity pricing, primarily in PJM. Turning to Slide 9, we are narrowing our 2019 EPS guidance range to $3.05 to $3.20 a share from $3 to $3.30 per share. As you are aware ComEd's ROE is tied to the 30-year treasury rates which is declined about 70 basis points since the beginning of the year. Our updated guidance takes into account the slight degradation in earnings we are seeing from the decline in treasuries. We are delivering on our financial commitments and confident we will be within our revised guidance range at year-end. Moving to Slide 10, looking at our utility returns on a consolidated basis, we continue to exceed our consolidated 9% to 10% target with a 10.1% trailing 12 month ROE. Earned ROEs for the legacy Exelon utilities remained above 10% but dipped modestly last quarter, primarily due to a BG&E equity infusion to support capital investments as well as declining treasury yield which impacted ComEd's ROE. The decline in treasuries will continue to impact ComEd's ROE for the remainder of the year and going forward if they do not rebound. The consolidated PHI utilities earned a 9.4% ROE for the trailing 12 months, a 30 basis point increase from last quarter driven by higher distribution revenue from the constructive distribution rate order at both Pepco Maryland and the settlement at Atlantic City Electric. We remain focused on meeting our utility earnings growth target by maintaining the earned ROEs at PHI and sustaining strong performance at our other utilities. Turning to Slide 11. During the quarter, there were some important developments on the regulatory front outside of our rate cases. First, as Chris mentioned, in August, the Maryland PSC in its PC 51 proceeding found that alternative rate plans can be beneficial to both customers and utilities by reducing administrative costs caused by the frequent filing of traditional rate cases and providing customer rate predictability. The order supports the implementation of multi-year rate plans of a three-year duration and established a working group to develop the rules. We are actively participating in the group process. Once the commission issues its final order, Maryland utilities will be able to file a multi-year rate plan on a staggered basis consistent with the Commission's order. Second, the DC Public Service Commission approved Pepco's DC notice of construction request for Phase 1 of the capital grid project. It will strengthen the capital area electric system, improve reliability and resiliency and help facilitate the district's climate commitments. This phase including rebuilding two substation and constructing approximately 10 miles of two 230kV underground transmission lines. Phase 1 is scheduled for completion by 2026. On our current rate cases, Pepco Maryland received a final order on August 12th. The Maryland Commission approved a $10.3 million increase in annual electric distribution revenues. Importantly, the order increase at Pepco's allowed ROE by 10 basis points to 9.6%, a recognition of strong performance in reliability and customer satisfaction. Rates went into effect on August 13th. We also have several rate cases still in progress. On October 23rd, the administrative law judge providing over ComEd's annual formula rate case issued a proposed order, no additional adjustments to the revenue requirements were recommending. We expect to receive a final order from the Illinois Commerce Commission on December 4th of this year. Last Friday, BGE filed a settlement agreement with the Maryland PSC. The settlement provides for an increase to BGE's annual electric and natural gas distribution rate of $25 million and $54 million respectively. We expect a final order by December of 2019. Finally, we received a procedural schedule in Pepco DC multi-year plan with the final order expected in the fourth quarter of 2020. More details on our rate cases can be found on Slides 21 through 24 of the appendix. Turning to Slide 12, we are continuing on our robust capital deployment at the utilities, investing $1.3 billion of capital during the third quarter. Year-to-date, we have invested $3.9 billion in capital at the utilities, improving our infrastructure and increasing reliability and resiliency for the benefit of our consumers. We expect to deploy more than $5.4 billion this year, $100 million above our original plan. And as a reminder, 63% of our rate base growth is covered under either formula rates or mechanisms like capital tracker. Today, I will talk about two projects that are part of these efforts and will bring improved performance to our customers in Maryland and New Jersey. The first project is the BGE key crossing reliability initiative, which is a $232 million multi-year project to install a double circuit 230kV overhead electric transmission line across the Patapsco River, replacing the 2.25 mile underground circuit. The circuits are critical link in the electric system and are exhibiting system symptoms of long-term failure and are approaching the end of the useful life. Key crossing will improve grid reliability by reducing risk of power outages caused by aging infrastructure and will support faster restoration of customer interruptions going forward. The second project Lewis Higbee Ontario rebuild project in Atlantic City. The $62 million project include rebuilding 369kV transmission lines which are about 16.5 line miles long in total and replacing 295 existing wood structures with 225 new galvanized steel structures. This project results potential system performance and reliability issues, thereby improving reliability and resiliency to customers in the service area of Absecon, Island. On Slide 13, we provide our gross margin update incurring current hedging strategy at the Generation company. Since the Constellation merger, we have delivered strong results in our wholesale business quarter-after-quarter even in an environment of declining power and natural gas prices as well as lower volatility. These market conditions combined with reduced liquidity added out on the curve leads to less opportunity to optimize our wholesale portfolio compared to history. As a result, we are reducing our power new business target by $50 million in 2020 and '21 and our non-power new business target by $50 million in 2021. These new business target reductions are mostly offset by cost savings, which I will discuss on the next slide. I should also stress that these changes reflect our expectation for our wholesale optimization business. Our customer facing Constellation businesses continue to perform very well with sustained margins and success in delivering new products for our customers. Turning to the gross margin tables, we did benefit in the third quarter from higher forward prices which you can see in the open gross margin line. These positives were offset by the lower wholesale business targets that I just discussed, which leaves total gross margin in 2020 and '21 flat. During the quarter, we hedged a more than a ratable amount as prices modestly recovered from their late second quarter lows. Although, we are still behind ratable overall ending the quarter 5% to 8% behind ratable in 2020 and 1% to 4% behind ratable in '21, we are much closer to a ratable hedging amount. We continue to see upside in certain markets but are not expecting a significant rebound in power prices. Turning to Slide 14. Between 2015 and 2018, we have announced more than $900 million in cost savings which does not include the synergies from our merger with PHI. These savings were primarily at Exelon Generation with approximately one-third coming from our corporate services company. In addition to O&M savings, we have continued to find ways to reduce the capital intensity of our generation fleet and improve its cash flows. Since 2015, we have reduced ExGen's total annual capital expenditures from $3.5 billion to a projected $1.5 billion in 2022, while maintaining the safety and reliability of our fleet. Included in these reductions are the elimination of most growth capital at ExGen except for Constellation's customer facing solar business. $325 million of base capex savings and $675 million of savings from nuclear fuel. One of the key components of our value proposition is ExGen's ability to generate free cash flow and we continue to look for ways to optimize its cash flow. Today, we are announcing additional $100 million in run rate, pre-tax cash savings in 2022. $75 million is attributed to O&M reductions and $25 million is other P&L items, which mostly offset the reduction in new business targets. I should point out that these savings reflect our current state and we expect an opportunity for additional savings that will vary in amounts depending on the future state of our challenged Illinois nuclear stations. We can find these savings due to the hard work of all of our employees, who strive every day to run the company more efficiently, while adhering to our commitments of safety, reliability and community stewardship. Finally, moving on to Slide 15, we remain committed to maintaining a strong balance sheet in our investment-grade credit rating. Our consolidated corporate credit metrics remain above our targeted ranges and meaningfully above S&P thresholds. Looking at ExGen, we are well ahead of our debt to EBITDA target of 3.0 times. For 2019, we expect to be at 2.5 times debt to EBITDA and 2 times debt to EBITDA when excluding non-recourse debt. Before turning the call back over to Chris for his closing remarks, I want to set expectations for our fourth quarter disclosures. Given the lack of clarity around the outcome of legislation in Illinois, which will shape the future of Exelon Generation and the fact that PJM will not have held the capacity auction for the 2022-2023 delivery year before our call in February, we will not be providing some of our usual disclosures, including the roll forward of our hedge disclosures to 2022 and ExGen's updated four-year free cash flow outlook. Thank you, and I'll now turn the call back to Chris for his closing remarks. Chris M. Crane -- President and Chief Executive Officer Thanks, Joe. Turning to Slide 16, we are accomplishing things we committed to do, including maintaining industry leading operations, meeting our financial commitments, effectively deploying more than $5 billion in capital across our utilities this year and advocating for policies that support clean energy. Our strategy remains the right one and we are committed to our value proposition. We will continue to grow the utilities targeting a 7.8% rate base growth and a 6% to 8% earnings growth through 2022. We continue to use, as Joe mentioned, the free cash flow from Genco to fund incremental equity needs at the utilities, paydown debt and fund part of the growing dividend. We will continue to optimize the value of our ExGen business by seeking fair compensation for zero emitting generation fleet, closing uneconomic plants like we did with TMI and Oyster Creek, selling assets where it makes sense to accelerate our debt reduction plans and maximizing value through the Generation to load match strategy at Constellation. We will sustain strong investment-grade metrics. We'll grow our dividend annually by 5% through 2020. The strategy underpinning this value proposition is effective. We remain committed to optimizing the value of our businesses and earn your ongoing support of Exelon. Operator, we can now turn it over to questions. Thank you. Questions and Answers: Operator [Operator Instructions]. Your first response is from Greg Gordon of Evercore. Please go ahead. Greg Gordon -- Evercore -- Analyst Thanks, good morning. Chris M. Crane -- President and Chief Executive Officer Good morning, Greg. Greg Gordon -- Evercore -- Analyst Got a couple of questions. First as it pertains to ExGen, you sort of commented at the end with regard to plant closures. If you're, for one reason or another, unable to get the state of Illinois to understand the economic necessity of increased compensation for your nuclear fleet. At what point do you go down the path of moving to shutdown of the most uneconomic units? Chris M. Crane -- President and Chief Executive Officer I can't stress how important the spring legislative session will be for the future of the four sites that are not covered under the ZEC program. So we'll be watching -- there's couple of variables here, we'll be watching what happens with the FERC order and what PJMs responses to the FERC order driving the legislation, but the first half of 2020, will be a real critical point in decision making and potential announcements one way or the other. Greg Gordon -- Evercore -- Analyst And Joe. As it pertains to the details of the guidance, it's sort of two steps forward, 1.5 steps back on the outlook for ExGen better wholesale prices, but -- and the cost cutting, but lower optimization expectations. Is that a function of just lower volatility and lower overall prices making it less some -- less -- that volatility lessening the opportunity for your traders to manage the book effectively or can you give us a little more color on that? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yeah, Greg. You're spot on. I think it's a combination of factors. It's -- the lower volatility in the marketplace, I mean, we had a warm summer here and we didn't see much volatility, we didn't see prices respond. I do want to stress that we're talking about the wholesale side of our business, our retail business remains very solid. And as it relates to ExGen, we announced these cost cuts which mostly offset the reduction in new business targets. As Chris mentioned, depending on the outcome of Illinois, there is still other things that we would have to evaluate on how our business model changes and disposition of assets. There is other costs that we would look at -- some of the levers we have at hand, we'll continue to address capex obviously and any other asset financing. So there is a combination of factors here. But specifically to the drop in the new business targets, it is the market environment that we're seeing. Greg Gordon -- Evercore -- Analyst Okay. And then on -- two more questions, one on the regulated side, the ComEd sounds like it's operating very well but 30-year is a headwind and it'll continue to be a headwind into next year and until we see a steepening of the yield curve. So like -- as you're looking at the outcomes in the other areas of the utility business. The other 60%, 65% of the earnings contribution from outside ComEd, are you seeing opportunities to offset the impact of interest rates or should we assume that all things equal, you're trending lower in that 6% to 8% guidance range than you were before? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yeah, Greg. Good questions, Joe again. We update once a year on our Q4 call and we -- and as it relates to Exelon utilities and we will expect to do that on the call in February. Having said that, we are seeing the impact of the lower ROEs at ComEd just for reference every 50 basis point move up or down is about $0.03 of EPS. So for 2019 for example, the weighted average 30-year is down approximately 50 basis points and you see that with our revised guidance. The 30-year treasury on the forward curve is down approximately 70 basis points versus 12/31. I would say though that's one piece of the plan. The capex plan, as we've said, only corporates identified projects that benefit the consumer and improve the liability in the customer experience. We have seen through time that as we get closer to a given period, we find need for an additional investment to continue to improve the liability in that customer experience and we'll continue to work hard at that as we move forward. Greg Gordon -- Evercore -- Analyst All right. And my last question, Chris, I know it's a difficult topic, the investigation. The second subpoena and the retirement of Anne Pramaggiore, they're all very disconcerting public disclosures. What is it that you can tell us about how you can potentially resolve this investigation? What kind of timeline are we looking at between now and when you can get the other parties and this comfortable with the way that you've acted or comfortable that they've gotten the information they need, so that we can resolve this? Chris M. Crane -- President and Chief Executive Officer There is a grand-jury investigation going on. There's not a lot of details that we can provide at this point. The timeline is not set by us, it's set by the government and the grand-jury and we'll continue to cooperate. Anything we learn from our outside attorneys doing the independent investigation will immediately take action on and correct. But our cooperation with the government -- full cooperation, very open cooperation is the imperative here. And like I said, we're not passing judgment on is anything legal or illegal and some of our past practices with contract lobbyists or consultants. So these things can take a while. I don't expect it will impede our business at all. Going forward is keeping the eye on the ball, improving the operations, driving the reliability while driving efficiency at the same time. The management team is very focused. There's a lot of speculation in news articles. There is things out there that people are speculating on that they're getting to say that the best. So we'll just have to continue the process, continue to cooperate, continue to keep our eye on the ball and when it comes time that we're able to speak we can provide a little bit more color on any corrective actions we've taken. But for now, it's -- we can't go there. Greg Gordon -- Evercore -- Analyst I appreciate that, Chris. Thank you. Operator Thank you. Your next question is from the line of Julien Dumoulin Smith from Bank of America. Julien Dumoulin Smith -- Bank of America -- Analyst Hey, good morning, team. Chris M. Crane -- President and Chief Executive Officer Good morning. Julien Dumoulin Smith -- Bank of America -- Analyst Hey just wanted to follow up on a few details perhaps we can talk to as a function of the process today. And I'll include that the two of them together here. First the Clean Jobs Coalition and just some of the headlines around where the legislative -- legislation stands today. I know whether it happens this year or more importantly next year. Just wanted to understand how we're framing that conversation today given the realities? And then separately and somewhat related, I'd be curious how would you position the conversation of the franchise extension at ComEd next year? It seems unrelated, but I just want to make sure we at least talk through some of the process on that front as well? Chris M. Crane -- President and Chief Executive Officer Sure, I'll cover the first part and Joe Dominguez is with us and I'll let him cover the second part. The conversations, negotiations, strategy for the legislation is still an active conversation with many stakeholders. And when you talk about the Clean Jobs Coalition, just so you know that's not a very structured organization. And to speak as a body, as somebody did to one publication, we're still very close in conversation with some of those members of the coalition and we'll continue, but there is a lot of people involved, there is different coalitions, there's the path to one hundred to the clean jobs coalition. There is the labor. So things are continuing to evolve in conversations with leadership and the legislature are continuing to take place. So it's not like we're stalled or stopped or don't have parties to deal with. Kathleen is doing -- for the Generation side doing a significant part of that. And Joe is working to not only support what the Governor wants and what the State wants, but in the meantime, also protecting the consumers to make sure what we're doing to get to the path to a 100% clean by 2030 is done in a most economic fashion. I'll Kathleen if she wants to add anything more to the first part and I'm going to turn it over to Joe. Kathleen L. Barron -- Senior Vice President, Government and Regulatory Affairs and Public Policy, The only thing that I would add is that the same news story is talking about that question, Julien. I also mentioned that the FRR is the center piece of this CJC bill. And that's because it's essential to achieving the state's clean energy goals. If we do not address this, the PJM market will send over $1 billion a year to old coal plants rather than investing the money toward the state's clean energy ambition, and that the fact that folks are lobbying and rallying in the capital around this. The fact that it's an important policy change and that it needs to happen right away is something that should be noted. Now obviously there are other elements of the bill both from the CJC, the path to 100 others that there is not agreement about and that's why it's going to take all stakeholders together to deliver piece of legislation that will get the states to its clean energy goals in a way that's affordable and we are committed, as Chris said, to working with all stakeholders to achieve that goal. Chris M. Crane -- President and Chief Executive Officer Joe? Joseph Dominguez -- Chief Executive Officer, ComEd Great, Julien good morning. Let me just start off explaining what the franchise agreement is. At its most basic level, it's an agreement that sets for the procedures for us to use city right away for our infrastructure and the fee schedule that we pay in order to use their right away. So what I'm talking about here that are kind of granular things that are in the franchise agreement is, how many times could you open up a street to interconnect a new business, what the fees are for those operations that kind of granular detail. We've been in negotiations with the city now for some time. There was a pause in those negotiations while the mayor's race was being sorted out and her new team was put in place, I'm pleased with the progress we're making right now. There are three potential outcomes here. The agreement that is scheduled to come to an end at the end of next calendar year, at the end of 2020. Either party ComEd or the city have an option at the end of this year to terminate the agreement or they could continue to negotiate. As I said the path we're on right now is that we're continuing to negotiate and if we're successful we'll will get a new agreement. If the city elects to terminate at the end of this year, we will continue negotiations and if we do not reach a resolution. It's not like we stop providing electric service to the city but our fee schedule and our procedures will drop out of the franchise agreement and will be governed by the municipal code that'll add a little bit of process to our work, but it doesn't shut down quite obviously our activities. If the city does not issue a notice of termination at the end of the year and we continue to negotiate and can't reach a resolution. Then the agreement by its terms just continues year-to-year until we reach a resolution. So that's kind of the outline of it. And Julien, if you don't mind, I'd like to provide some additional context Chris and Greg talked a little bit about our performance, but I think it bears on the entire discussion this morning. We are on track at ComEd to deliver our best performance in the history of the company. We talk about being first quartile. We're actually first decile in reliability and arguably best in class. As a result of the good policies, which we've advocated for, 92% of the energy that we deliver to customers comes from zero carbon resources. To put that into context, the next closest large utility is at about 46%. We have a supplier diversity program that is second to none. 41% of our spend this year is with businesses owned by women and people of color as well as veterans. We are on track as a result of all of this to deliver the best customer satisfaction we've ever seen. And we're doing all of it at affordable rates. Today, our rates are 20% lower than the average for large American cities. Four out of nine of our rate cases have been decreases under the smart grid law, including the last two cases. Chris talked about the investigation and certainly, we'll have learnings as a consequence of it. But it's important for all of the shareholders who invest in our platform to understand that we are doing a lot of things, right. And with some humility could lay claim to being one of the best performing utilities in America. And I just add that for context in all of the things we're talking about today. Chris M. Crane -- President and Chief Executive Officer Thanks, Joe. Julien Dumoulin Smith -- Bank of America -- Analyst Excellent. Guys, I appreciate that. Operator Your next question is from the line of Steve Fleishman from Wolfe Research. Steve Fleishman -- Wolfe Research -- Analyst Yeah. Hi, good morning. So I guess one of the things that we struggle with these disclosures has just been really what benefit if any you've gotten from legislation over the last few years. And for example on the formula rates, the ROE right now is actually really low and, as Joe mentioned. And then also, I guess, you've gotten the ZECs on Clin and Quad. So just but I think those plants would have been losing a lot of money if you didn't get them. So I guess, maybe you could just give some color of kind of what value really is at risk from this from an investor standpoint because it's just not clear that you've gotten a lot of value out of any legislation over this period? Chris M. Crane -- President and Chief Executive Officer Well, we -- the value is the consistency in the process of the rate cases. We are tied to the 30-year and that was a negotiation that was done. If you look at the history of the rate cases and how it has improved the regulatory process and the consistency of the regulatory process, I think there's a lot of value in that. When you get 100% of ask or 99.6% of ask and you're not litigating something over an extended period, it creates predictability. We can't control the 30-year, but we can control the efficiency and the productivity of the system with the right regulatory format and that's what we've done. As for Clinton and Quad cities it did save the plants and it's more than just saving losing cash, we would have shut them down and that issue would have been resolved very quickly. It's meaningful to state in the community but it also is providing a profitable cash flow from those units. We're working on legislation that would either secure on the other four sites in the state through the FRR process or we will shut those plants down. So -- in a point in time with the low interest rate, you could point to that and say we haven't got anything, but that is not been the historical case, and going forward, we'll watch what we can do if interest rates persist to stay low what action we should take. But I would have to tell you that, I understand the sentiment of your view or your question but there has been a great deal of consistency that's happened and a great deal of ability to invest capital. It's more than just the ROE, right. We have been able to through legislative terms -- been able to consistently invest needed capital for reliability and efficiency and be able to earn a return. They may be a little bit lower returns but we're able to predictably invest the money and predictably get a return on the money. So that's huge, if you go back historically to what's happened in some of our jurisdictions investing money at risk and then getting the disallowances in the regulatory process was much more damning than having a low 30-year rate and having a low ROE , but still an ROE that's above our cost of capital. Steve Fleishman -- Wolfe Research -- Analyst Yeah. Got that. And then just one other question with respect to the nuclear plants. This may be premature, but just could you give us a sense, I am assuming they're -- money-losing on their own the 4 nuclear plants that you're referring too, is there any way to kind of get a sense of the -- if you ended up having [Indecipherable] what it would do? Chris M. Crane -- President and Chief Executive Officer We don't evaluate the market response -- projected market response from shutting the plants down. So what we do evaluate is the current financial performance of the free cash flow and earnings and then the forward projected based on the forward curves and look at the credit metrics and the balance sheet to see what's happening. And so we have discussed openly that there -- the four sites are in the future at current forwards with the current capacity market being managed the way it is by PJM versus the needs that the state wants to maintain the clean energy sources with lack of being able to get legislation to change and be able to pull ourselves out of a very inefficient by what the state wants auction process at PJM and go into FRR. They're marginal at best to looking forward to losing cash and earnings. So that's the situation. Now, I don't think we're announcing the amounts yet. We're continuing to evaluate these numbers, but I can tell you that some are more dire than others at this point and we need to move forward with the legislation to prevent the loss for the state from an environmental perspective and from economic perspective. Steve Fleishman -- Wolfe Research -- Analyst Thank you. Operator Thank you. Your next response is from Stephen Byrd from Morgan Stanley. Please go ahead. Stephen Byrd -- Morgan Stanley -- Analyst Hi, good morning. Chris M. Crane -- President and Chief Executive Officer Good morning. Stephen Byrd -- Morgan Stanley -- Analyst Just wanted to go back to the point you mentioned about the special committee at the Board with respect to the Illinois investigation. Are there any targeted deliverables in terms of reports or updates and will any of that eventually be made public or is that more for internal purposes? Chris M. Crane -- President and Chief Executive Officer I'll let Bill answer that. William A. Von Hoene -- Senior Executive Vice President and Chief Strategy Officer Steven, it's Bill Von Hoene. The special committee of independent directors will continue to meet periodically as needed. They have their own counsel. There is no particular deliverable that you should anticipate out of that. It's just part of the regular process that's undertaking in circumstances such as this. So no particular deliverable should you foresee. Stephen Byrd -- Morgan Stanley -- Analyst Understood. And in terms of the scope of the investigation, to your knowledge, is this focused solely on Illinois or there are other states or elements of the business involved? William A. Von Hoene -- Senior Executive Vice President and Chief Strategy Officer We're not at liberty to talk about the particulars of the investigation but you've seen what has been reported about the subject matter and the subject matter of that has been reported by us in our case, and I refer you to that. Stephen Byrd -- Morgan Stanley -- Analyst Yeah. No, that's fair. And then just lastly -- just in terms of the scope of the investigation. I think there are four individuals mentioned. And I think we've seen two announcements from Exelon I assume just at a high level, you had mentioned, Chris at the beginning the policy is to cooperate with investigations. I presume that employees who do not cooperate would not be employed at the firm or is there sort of policy we should think about in terms of how you approach cooperation with the investigations? Chris M. Crane -- President and Chief Executive Officer Yeah, the expectation is for all employees and all executives to participate in whatever manner they're requested to, if that's providing information or having discussions. That's the expectation. Peoples employment is based on their total record, but our expectation is full cooperation and ethical behavior. Stephen Byrd -- Morgan Stanley -- Analyst Understood. Thank you very much. Chris M. Crane -- President and Chief Executive Officer All right. Operator Thank you. Your next response is from Praful Mehta from Citigroup. Praful Mehta -- Citi -- Analyst Thanks so much. Hi guys. Chris M. Crane -- President and Chief Executive Officer Hey, good morning. Praful Mehta -- Citi -- Analyst Hi. Good morning. So maybe I just wanted to focus on the generation side a little bit, as comparing Q2 and Q3 power prices and it looks like every region the power prices go higher. However, given as you talked about your volatility was lower and so margins came in lower and there is also a little bit of cost cutting now for 2021. So just wanted to understand how we should think about the generation business, it seems like curves itself aren't enough volatility is now a new element that we need to consider. How should we think about the stability of the generation business? And also in the context of reserve margins in PJM, if you could just give us a little bit more on how you think about the business that would be really helpful. Chris M. Crane -- President and Chief Executive Officer Let me have Joe starting and Jim McHugh go into more detail. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Praful. Good morning. What -- I think if you think about what the intrinsic strategy of our generation business is, it's been producing electric generation and we deliver it to our customer-facing businesses and that still continues. Obviously, the power markets have some challenges and you've seen what we done -- we've done with our new business, we continue to work hard to find ways to reduce the cost structure both from an O&M and capital investment perspective of our generation assets as well as our Constellation business. And I think that's -- what you'll see us continue to do. I think the second piece of that gets into the industrial strategy of what we're trying to accomplish as a company. You see how we're investing in our utilities, you see how we continue to manage our balance sheet and we continue to return value to the shareholders. That is being done on the back of cash flows that are being generated -- free cash flow that's being generated at Exelon Generation and we will continue to work hard to do that as we continue to transform the Generation business. So last piece is obviously, as we've talked about in our prepared remarks and with some of the questions, we announced this cost cutting exercising business as usual state, depending on the outcome of the legislation in Illinois, clearly there is other elements to our business that would need to evolve under certain scenarios, so we'll continue to work hard at that and then that'll be dictated by other outcomes. Kenneth W. Cornew -- Senior Executive Vice President and Chief Commercial Officer, Exelon Corporation; President and Chie Hey, Praful, it's Ken Cornew. I'll just add a comment. We can -- our strategy continues to be a premier operator of generation particularly nuclear and other clean generation and also be a solutions provider for customers that has not changed. I wouldn't think about the Generation company any differently than that. And I'd like Jim to comment a little more on the customer side of our business. James McHugh -- Chief Executive Officer, Constellation Executive Vice President, Exelon Yeah, so I think it's important to note that the new business generation -- we put new business targets in our hedge disclosures, that's an expectation of the value we're going to create both from our customer-facing businesses as well as the optimization of the assets in the markets. The customer-facing businesses are performing very strongly and the stable value that has been there for a while, we still see good margins in really product enhancements and product solutions for customers who are demanding more. What's happening on our wholesale business side is the lower volatility in the markets which actually where we've reduced our new business targets around that end of the business, which actually, in my view point, leads to more stability. We have an environment where 70% to 75% of the gross margin in our new business will come from the stable customer-facing businesses that we run that are still performing strongly. So a smaller portion of our overall gross margins would come from this optimization activity. We happen to have an expectation of those numbers in our forward disclosures and that's the number that we are lowering based on this environment where we just see the supply stack being strong in markets like PJM and policy adding more generations to the stack, low natural gas price volatility and low demand growth in markets like PJM. So I think we're able to shift our business focus here to this customer-facing business that's more stable. We can reduce our costs to match that new business model and really provide an environment that I think is a less risk environment for the Generation company. Praful Mehta -- Citi -- Analyst Got you. That's super thoughtful and helpful color. So I appreciate that. I guess just the quick follow-up in terms of the federal investigation, as you mentioned earlier on the call, it could take a long time or it could take some time. So if it does take time and your Illinois legislation for some reason is delayed linked to that. How do you decide on what happens with the units? Do you still run them? Do you still -- nuclear refueling is still continued or do you kind of wait? What kind of decision making you kind of expect around that from a timing perspective? Chris M. Crane -- President and Chief Executive Officer Well nothing has been linked to the investigation and the legislation. Right now, there is -- to run any legislation we've got to see a FERC order and we probably won't see the FERC order of PJMs response. Both of those tied together till sometime in the first quarter which will enable us to refine a legislative path going forward. If for some reason we don't garner support as a coalition in a large group of stakeholders to go forward with the legislation by what we see in the market forwards today, plants will start to shut down. That's the reality if something doesn't happen in the Spring. Because PJM will run there are auctions, and if there is lack of legislation or our ability to withhold the load and the generation from that auction, the expectation of clearing megawatts you've seen the trend. So without being able to get capacity revenue for those eight reactors and the market forwards being as low as they are right now. It's uneconomic and the one thing we are not going to do is sit around and damage the balance sheet and create a situation that's unrecoverable. The responsibility of the balance sheet is very felt very strong by the management team and the actions that we will take. If lack of cohesive and complete resolution path forward. We can't sit here for years and bleed cash and build up debt and damage the HoldCo and further damage the Genco. Praful Mehta -- Citi -- Analyst Understood. That's very helpful. Thank you so much. Operator Thank you. I will now turn the call back over to Chris Crane, President and CEO for closing remarks. Chris M. Crane -- President and Chief Executive Officer I just want to thank everybody for participating in the call today and the questions. And I understand that we can't answer everything right now, but rest assured, we're taking all the actions that are necessary to ensure we can put this behind us. So thank you. With that, I'll close out the call. Operator [Operator Closing Remarks] Duration: 60 minutes Call participants: Daniel L. Eggers -- Senior Vice President, Corporate Finance Chris M. Crane -- President and Chief Executive Officer Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Kathleen L. Barron -- Senior Vice President, Government and Regulatory Affairs and Public Policy, Joseph Dominguez -- Chief Executive Officer, ComEd William A. Von Hoene -- Senior Executive Vice President and Chief Strategy Officer Kenneth W. Cornew -- Senior Executive Vice President and Chief Commercial Officer, Exelon Corporation; President and Chie James McHugh -- Chief Executive Officer, Constellation Executive Vice President, Exelon Greg Gordon -- Evercore -- Analyst Julien Dumoulin Smith -- Bank of America -- Analyst Steve Fleishman -- Wolfe Research -- Analyst Stephen Byrd -- Morgan Stanley -- Analyst Praful Mehta -- Citi -- Analyst More EXC analysis All earnings call transcripts 10 stocks we like better than Exelon When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Exelon wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Q3 19 Earnings Conference Call At 10:00 AM ET (RTTNews) - Exelon Corp. (EXC) will host a conference call at 10:00 AM ET on October 31, 2019, to discuss Q3 19 earnings results. To access the live webcast, log on to https://www.exeloncorp.com/investor-relations/events-and-presentations The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Narrows FY19 Earnings Outlook - Quick Facts (RTTNews) - While reporting its third-quarter financial results on Thursday, Exelon Corp (EXC) said it is narrowing its outlook fiscal 2019 adjusted operating earnings to a range of $3.05 to $3.20 per share from the prior range of $3.00 to $3.30 per share. On average, analysts polled by Thomson Reuters expect the company to report earnings of $3.14 per share for the year. Analysts' estimates typically exclude special items. The company said it is on track to invest more than $5.4 billion at its electric and gas companies by year end to enhance reliability and resiliency. Exelon also announced an additional $100 million in annual cost savings at Exelon Generation beginning in 2022, adding to the more than $900 million in company-wide cost savings already announced between 2015 and 2018. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp Q3 adjusted earnings Beat Estimates (RTTNews) - Exelon Corp (EXC) reported earnings for its third quarter that rose from the same period last year. The company's profit came in at $772 million, or $0.79 per share. This compares with $733 million, or $0.76 per share, in last year's third quarter. Excluding items, Exelon Corp reported adjusted earnings of $900 million or $0.92 per share for the period. Analysts had expected the company to earn $0.89 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company's revenue for the quarter fell 5.0% to $8.93 billion from $9.40 billion last year. Exelon Corp earnings at a glance: -Earnings (Q3): $900 Mln. vs. $856 Mln. last year. -EPS (Q3): $0.92 vs. $0.88 last year. -Analysts Estimate: $0.89 -Revenue (Q3): $8.93 Bln vs. $9.40 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2019-11-01,29.0249,29.3327,28.898,28.9624,"Daily Dividend Report: ABBV, WLKP, AIG, EXC, COF AbbVie is announcing today that its board of directors declared an increase in the company's quarterly cash dividend from $1.07 per share to $1.18 per share beginning with the dividend payable on February 14, 2020 to shareholders of record as of January 15, 2020. This reflects an increase of approximately 10.3 percent, continuing AbbVie's strong commitment to returning cash to shareholders through a growing dividend. Since the company's inception in 2013, AbbVie has increased its quarterly dividend by 195 percent. AbbVie is a member of the S&P Dividend Aristocrats Index, which tracks companies that have annually increased their dividend for at least 25 consecutive years. The Board of Directors of Westlake Chemical Partners, has adjusted its distribution growth strategy to reflect market conditions and today declared a distribution of $0.4646 per unit, representing a 1.5% increase from the second quarter 2019 distribution. This is the 21st quarterly distribution announced by the Partnership since its initial public offering. The distribution will be payable on November 26, 2019, to unit holders of record on November 12, 2019. American International Group, today announced that its Board of Directors declared a quarterly cash dividend of $0.32 per share on AIG Common Stock, par value $2.50 per share. The dividend is payable on December 26, 2019 to stockholders of record at the close of business on December 12, 2019. The Board of Directors of Exelon declared a regular quarterly dividend of $0.3625 per share on Exelon's common stock. The dividend is payable on Tuesday, Dec. 10, 2019, to shareholders of record of Exelon Friday, Nov. 15, 2019. Capital One Financial today announced a quarterly dividend of $0.40 per share payable November 22, 2019, to stockholders of record as of November 12, 2019. The company has announced dividends on its common stock every quarter since it became an independent company on February 28, 1995. VIDEO: Daily Dividend Report: ABBV, WLKP, AIG, EXC, COF The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-11-04,29.0308,29.0796,28.2853,28.4251,
EXC,2019-11-05,28.4123,28.7348,28.303,28.6038,
EXC,2019-11-06,28.6292,28.8237,28.5149,28.6292,
EXC,2019-11-07,28.4934,28.6108,28.3283,28.5521,
EXC,2019-11-08,28.469,28.6615,28.3352,28.5579,
EXC,2019-11-11,28.5344,28.5579,28.0519,28.1183,
EXC,2019-11-12,28.1183,28.4436,28.0792,28.3087,"Ex-Dividend Reminder: Otter Tail, Exelon and Aqua America Looking at the universe of stocks we cover at Dividend Channel, on 11/14/19, Otter Tail Corp. (Symbol: OTTR), Exelon Corp (Symbol: EXC), and Aqua America Inc (Symbol: WTR) will all trade ex-dividend for their respective upcoming dividends. Otter Tail Corp. will pay its quarterly dividend of $0.35 on 12/10/19, Exelon Corp will pay its quarterly dividend of $0.3625 on 12/10/19, and Aqua America Inc will pay its quarterly dividend of $0.2343 on 12/1/19. As a percentage of OTTR's recent stock price of $49.74, this dividend works out to approximately 0.70%, so look for shares of Otter Tail Corp. to trade 0.70% lower — all else being equal — when OTTR shares open for trading on 11/14/19. Similarly, investors should look for EXC to open 0.82% lower in price and for WTR to open 0.54% lower, all else being equal. Below are dividend history charts for OTTR, EXC, and WTR, showing historical dividends prior to the most recent ones declared. Otter Tail Corp. (Symbol: OTTR): Exelon Corp (Symbol: EXC): Aqua America Inc (Symbol: WTR): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.81% for Otter Tail Corp., 3.28% for Exelon Corp, and 2.17% for Aqua America Inc. In Tuesday trading, Otter Tail Corp. shares are currently up about 0.1%, Exelon Corp shares are up about 0.4%, and Aqua America Inc shares are down about 0.3% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-11-13,28.3606,28.6108,28.3087,28.4251,
EXC,2019-11-14,28.4123,28.7602,28.3479,28.7406,
EXC,2019-11-15,28.8481,29.0005,28.6635,28.9908,
EXC,2019-11-18,29.0943,29.364,28.9604,29.2429,
EXC,2019-11-19,29.3073,29.5184,29.1461,29.2165,"EXC May 2020 Options Begin Trading Investors in Exelon Corp (Symbol: EXC) saw new options begin trading today, for the May 2020 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 178 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the EXC options chain for the new May 2020 contracts and identified one put and one call contract of particular interest. The put contract at the $45.00 strike price has a current bid of $2.10. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $45.00, but will also collect the premium, putting the cost basis of the shares at $42.90 (before broker commissions). To an investor already interested in purchasing shares of EXC, that could represent an attractive alternative to paying $45.40/share today. Because the $45.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 54%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 4.67% return on the cash commitment, or 9.57% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $45.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $46.00 strike price has a current bid of $1.80. If an investor was to purchase shares of EXC stock at the current price level of $45.40/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $46.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 5.29% if the stock gets called away at the May 2020 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if EXC shares really soar, which is why looking at the trailing twelve month trading history for Exelon Corp, as well as studying the business fundamentals becomes important. Below is a chart showing EXC's trailing twelve month trading history, with the $46.00 strike highlighted in red: Considering the fact that the $46.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 54%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 3.96% boost of extra return to the investor, or 8.13% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 22%, while the implied volatility in the call contract example is 17%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $45.40) to be 17%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-11-20,29.1079,29.2614,28.6752,29.2106,
EXC,2019-11-21,29.1079,29.2106,28.5012,28.5852,"[""Thursday Sector Laggards: Utilities, Consumer Products The worst performing sector as of midday Thursday is the Utilities sector, showing a 0.6% loss. Within that group, Exelon Corp (Symbol: EXC) and NRG Energy Inc (Symbol: NRG) are two large stocks that are lagging, showing a loss of 1.8% and 1.2%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.5% on the day, and up 21.47% year-to-date. Exelon Corp, meanwhile, is up 1.94% year-to-date, and NRG Energy Inc, is down 0.77% year-to-date. Combined, EXC and NRG make up approximately 6.3% of the underlying holdings of XLU. The next worst performing sector is the Consumer Products sector, showing a 0.4% loss. Among large Consumer Products stocks, Conagra Brands Inc (Symbol: CAG) and Ralph Lauren Corp (Symbol: RL) are the most notable, showing a loss of 3.8% and 2.2%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is down 0.5% in midday trading, and up 21.72% on a year-to-date basis. Conagra Brands Inc, meanwhile, is up 36.79% year-to-date, and Ralph Lauren Corp is up 2.98% year-to-date. Combined, CAG and RL make up approximately 0.9% of the underlying holdings of IYK. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Thursday. As you can see, two sectors are up on the day, while six sectors are down. 10 ETFs With Stocks That Insiders Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Forget Big Tech monopolies \u2014 the better stock-market investment is in oligopolies Look at health care, railroads, utilities and more Look at health care, railroads, utilities and more within the S&P 500.""]"
EXC,2019-11-22,28.7016,28.7153,28.3801,28.6117,
EXC,2019-11-25,28.6117,28.722,28.4055,28.4436,
EXC,2019-11-26,28.3987,28.4944,28.2129,28.341,
EXC,2019-11-27,28.3987,28.5471,28.2179,28.5081,"Billionaire Ken Griffin Bets Big on These 3 “Strong Buy” Stocks Ken Griffin built his impressive reputation as an investor early in life, founding Citadel Advisors when he was just 22, with $4.6 million in seed money. By 2003, when became the youngest self-made millionaire on the Forbes 400 list, his hedge fund controlled well over $1 billion in investment capital. Today, Griffin’s Chicago-based fund holds $212 billion in equity assets under management. In the third-quarter, Citadel made 9-digit purchases in three particularly interesting stocks. All three are rated Strong Buys in the TipRanks database, and all three show unique combinations of strengths and weaknesses. We’ve pulled up the data on each, to find out what drew them to Griffin’s attention. Baker Hughes Company (BKR) America’s oil and gas industry has generated a slew of headlines and rightly so, for the increased oil and gas drilling – across the continent – pushed the US into the top spot among global oil producers six years ago. Drilling, however, is only one of many oil-related industries that has benefited. A whole service sector has evolved to support oil and gas operations, and Baker Hughes in a major player in it. BKR provides the products and services that drilling companies need to complete their operations, from evaluating geological formations to completing the wells. The company deals in tools, machinery, and IoT technology for one of the country’s most important economic sectors. The scale of Baker Hughes’ operations is clear from the company’s sales numbers – in fiscal 2018, BKR brought in over $22.8 billion in revenues. Between July 2017 and September 2019, BKR was affiliated with General Electric in a merger. Earlier this year, however, GE had divested itself of the controlling interest in BKR, and Baker Hughes was an independent company again before the end of September. And now we get to the interesting point: In Q3, ending on September 30, Citadel bought just over 13 million shares of BKR stock. It’s not a controlling interest, but the holding is worth $293.9 million at today’s share prices. Wall Street’s analysts have also been showing the stock some love. Deutsche Bank analyst Chris Snyder initiated coverage on BKR, writing, “Given our expectation of soft, range-bound commodity prices through at least 1H'20, we are drawn to BKR’s business lines which feature long-cycle businesses (LNG), more stable and diversified end-markets, strong international exposure and a service portfolio focused on technology and levered to production services… We forecast BKR will grow EPS at a 40% CAGR over the next two years, an impressive feat given the challenging backdrop.” Snyder set a ""buy"" rating on BKR stock along with a $32 price target, suggesting room for 44% upside from the current share price. (To watch Snyder's track record, click here) Also bullish is Cowen analyst Marc Bianchi, who took care to point out the recent C3.ai partnership. He wrote, “[We are] impressed with the C3 business and think BKR could be the first OFS company to take a meaningful bite out of the ~$39B TAM for Oil and Gas IoT… We continue to rate the stock among our top picks in OFS.” Bianchi gives BKR a $30 price target, implying an upside of 35%. (To watch Bianchi's track record, click here) BKR get a unanimous vote from Wall Street’s financial experts, with 9 Buy reviews on record. Shares are selling for $22.61, and the average price target of $29.38 indicates a 32% upside potential. It also doesn't hurt that the company provide a healthy 3.18% dividend yield -- more than 50% higher than the S&P average. (See Baker Hughes stock analysis on TipRanks) Exelon Corporation (EXC) Exelon is a major producer in the US electricity and natural gas sectors, with six utilities delivering power to 10 million customers across 5 states and the District of Columbia. The company puts more than 32,000 megawatts on the grid, and its combination of nuclear, gas, wind, and solar generation capability makes it one of the cleanest power providers in the US. All of that sounds like a commercial, but well-planned marketing attracts both customer and investors, and Exelon leverages its marketing to good effect. Unfortunately, the company also practices an older form of political lobbying, and has been implicated in the state of Illinois in connection with “communications” directed at a State Senator from Chicago. A second probe, at the Federal level, has been opened by the SEC, and may expand the investigation of the company’s lobbying to other states. Exelon CEO Chris Cane declined to answer questions on the matter, saying only that the company is cooperating with investigators. To the company’s credit, earnings are steady and positive, showing again the value of providing an essential commodity. In the Q3 report, EXC showed 92 cents EPS, beating the forecast by 4.5% and exceeding the 80 to 90 cent guidance range. The positive earnings came despite a drop in revenues, which at $8.9 billion were down the $9.04 year-ago figure. During the third-quarter, Griffin’s Citadel saw fit to boost its holding in the stock by 61%. The fund bought 1,599,064 shares of EXC, worth $70 million at current prices. The purchase brings Citadel’s stake in the company to 4,259,392 shares, valued over $187 million. This is $18 million lower than the disclosed purchase price, but Citadel stands in a good position to recoup that loss. Exelon pays a 3.3% dividend, and the stock is expected to show strong gains in the next 12 months. Despite describing the stock as “remaining in the penalty box” due to the investigations, 4-star Well Fargo analyst Neil Kalton remains bullish on the stock, reiterating a ""buy"" rating and $54 price target. He writes, “Our Outperform rating reflects our belief that shares do not adequately reflect the value of the nuclear fleet given potential policy support.” His price target implies a 22% upside. (To watch Kalton's track record, click here) Steve Fleishman, from Wolfe Research, gives some additional detail in his note on EXC: “The utility offers attractive 6-8% EPS growth that can be funded internally with help from strong cash flows at the merchant business. EXC’s integrated generation-retail model has provided stability and strong cash flows for debt reduction and utility growth funding… we see value from either expanded credits or portfolio rationalization. EXC is growing the dividend 5%/yr.” Fleishman’s $55 target suggests potential growth of 25%. (To watch Fleishman's track record, click here) These opinions form the bullish end of the continuum on EXC, but the stock does hold a Strong Buy consensus rating. While the analysts are not unanimous, they give Exelon 7 Buys against just 2 Holds. The average price target of $51.56 indicates that there is room for 17% upside to the current trading price of $44.01. (See Exelon stock analysis on TipRanks) Willis Towers Watson (WLTW) The third stock we’re looking at here is a big name in the insurance industry. Willis Towers Watson is the world’s third largest insurance broker, and offers services in multinational risk management. The company was previously known as Willis Group; in 2016, it conducted a merger of equals with Virginia-based Towers Watson to form the current corporate iteration. After the merger was compete, Willis Group shareholders owned 50.1% of the combined entity. Insurance is a lucrative industry and WLTW’s earnings reflect that. The company beat the forecasts for both revenues and EPS in Q3. Quarterly revenue came in at $1.99 billion, $130 million higher than the year-ago quarter, and earnings were reported at $1.31, just above the $1.30 estimate. While the beats were only modestly higher than the estimates, they were solid. In addition to the steady earnings, the company also paid out its 65-cent quarterly dividend. While not spectacular, the dividend has been increased steadily over the past 3 years, and is easily sustainable at current EPS levels. So, Willis Towers Watson has gigantism on its side, giving it an inertia that makes current growth rates likely to continue. This is the background to Citadel’s 1,437,846 share purchase of WLTW in the third quarter. The purchase brought the firm’s total holding to more than 1.439 million shares, worth more than $280 million. This is almost $3 million more than Citadel’s declared purchase price, so this move by Griffin is already profitable. Jay Gelb, 5-star analyst from Barclays, sees WLTW as a good buy. He puts a $235 price target on the stock, writing as his justification, “We view WLTW as a strategically favorable combination that shifts Willis from being a pure-play global insurance broker to adding core capabilities in consulting, employee benefits and private health insurance exchange.” His target suggests a 20% upside to the stock. Assessing WLTW for Jefferies is 4-star analyst David Styblo, who writes as his bottom line, “WLTW is delivering on its commitment to produce more consistent results. The +6% marks the fifth consecutive quarter of 5-6%. Operating margins also expanded 120bps and are up 150bps YTD, recognizing ASC 606 has driven about half the expansion. The solid performance is broad-based, again another marker of consistency. Management continues to expect at least 15% FCF over the next 3 years…” Styblo gives Willis a $234 price target, in line with Gelb’s stock price forecast. Like Baker Hughes above, WLTW has a unanimous consensus rating – 6 analysts have given this stock an up-check in recent weeks. Shares are not cheap, at $195.43, but the $223 average price target suggests a 14% upside for investors. (See WLTW stock analysis on TipRanks) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-11-29,28.5471,28.7338,28.4642,28.5921,
EXC,2019-12-02,28.5286,28.6048,28.2375,28.2776,
EXC,2019-12-03,28.4495,28.5354,28.2102,28.5012,"How The Parts Add Up: RPV Targets $74 Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Invesco S&P 500— Pure Value ETF (Symbol: RPV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $74.10 per unit. With RPV trading at a recent price near $67.50 per unit, that means that analysts see 9.78% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of RPV's underlying holdings with notable upside to their analyst target prices are General Motors Co (Symbol: GM), Norwegian Cruise Line Holdings Ltd (Symbol: NCLH), and Exelon Corp (Symbol: EXC). Although GM has traded at a recent price of $35.88/share, the average analyst target is 34.48% higher at $48.25/share. Similarly, NCLH has 22.44% upside from the recent share price of $53.15 if the average analyst target price of $65.08/share is reached, and analysts on average are expecting EXC to reach a target price of $53.00/share, which is 20.70% above the recent price of $43.91. Below is a twelve month price history chart comparing the stock performance of GM, NCLH, and EXC: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-12-04,28.3918,28.7631,28.3606,28.682,
EXC,2019-12-05,28.7533,28.9077,28.4885,28.8901,
EXC,2019-12-06,28.8765,29.1706,28.728,28.8901,
EXC,2019-12-09,28.9194,29.0044,28.7719,28.9331,
EXC,2019-12-10,29.0112,29.0748,28.7719,28.7982,
EXC,2019-12-11,28.6498,28.7406,28.341,28.4602,"Wednesday Sector Laggards: Financial, Utilities The worst performing sector as of midday Wednesday is the Financial sector, showing a 0.3% loss. Within that group, Progressive Corp. (Symbol: PGR) and Regency Centers Corp (Symbol: REG) are two large stocks that are lagging, showing a loss of 3.1% and 2.5%, respectively. Among financial ETFs, one ETF following the sector is the Financial Select Sector SPDR ETF (Symbol: XLF), which is down 0.1% on the day, and up 28.83% year-to-date. Progressive Corp. , meanwhile, is up 21.64% year-to-date, and Regency Centers Corp is up 10.79% year-to-date. PGR makes up approximately 1.3% of the underlying holdings of XLF. The next worst performing sector is the Utilities sector, showing a 0.2% loss. Among large Utilities stocks, American Water Works Co, Inc. (Symbol: AWK) and Exelon Corp (Symbol: EXC) are the most notable, showing a loss of 1.8% and 1.3%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 0.1% in midday trading, and up 21.54% on a year-to-date basis. American Water Works Co, Inc., meanwhile, is up 34.52% year-to-date, and Exelon Corp is up 1.11% year-to-date. Combined, AWK and EXC make up approximately 7.6% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, six sectors are up on the day, while two sectors are down. 25 Dividend Giants Widely Held By ETFs » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2019-12-12,28.4944,28.682,28.2129,28.3987,
EXC,2019-12-13,28.3987,28.4192,28.0547,28.2179,
EXC,2019-12-16,28.3274,28.8237,28.3,28.7847,
EXC,2019-12-17,28.9263,29.0368,28.6117,28.9664,
EXC,2019-12-18,29.0748,29.236,28.6342,29.2165,
EXC,2019-12-19,29.1461,29.235,28.5921,28.9664,
EXC,2019-12-20,29.2047,29.4481,28.9664,29.2683,"Exchange Transfer Momentum Continues in 2019 In recent years, $1.6 trillion in market value has switched to Nasdaq. See how companies use Nasdaq’s unique visibility assets to market their brands. Why Switch to Nasdaq? $1.6 trillion in market value has switched to Nasdaq in recent years. See how companies use Nasdaq’s unique visibility assets to market their brands. 0 seconds of 1 minute, 4 seconds In recent years, hundreds of industry leading companies have transferred to Nasdaq, including Sanofi, PepsiCo, Regency Centers, Marriott International and Principal Financial with a combined global market value of nearly $1.6 trillion. This year was no exception for switches to the Nasdaq Stock Exchange. Year-to-date, 25 stock exchange transfers with a combined $231.5 billion in market value have made the move to Nasdaq.* Leading companies across sectors were among the transfers, such as: ViacomCBS following the completion of their merger; Exelon, the nation’s largest generator of carbon-free energy and the only electric and gas utility in the Fortune 100; TCF Financial Corporation following the merger between Chemical Financial Corporation with the legacy TCF Financial Corporation; and independent exploration and production companies Noble Energy and Oasis Petroleum. It’s great to be here at our home on Nasdaq. We’ve been here for a while as Viacom and being here as ViacomCBS is tremendously exciting and makes all the sense in the world. Bob Bakish, President and CEO, ViacomCBS We also had an outstanding year for IPOs with 187 companies launching their public market debuts on Nasdaq and raising $34.4 billion—the most on any U.S. exchange in 2019. Nasdaq’s performance in 2019 speaks to our overall commitment to our issuers. We strive to create long-term partnerships with our listed companies and continue to provide support throughout their growth journey. Our holistic approach and investment in our offerings When companies elect to transfer to our exchange, they are switching to a dedicated partner who will help them operate more holistically as a public company. Through our long term partnership we are dedicated to supporting companies throughout their growth journey, from the first day of trading, through our technology and advisory services to engage investors and the investment community. We have also emerged as a clear leader in the ESG and advisory space. In 2019 we launched a global ESG guide to help companies action their ESG efforts and an investor relations ESG Advisory Program comprised of exposure and sentiment analysis as well as investor strategies. Nasdaq is the world’s most cost-efficient electronic trading platform with a goal of incorporating the environment in their business plan. We are proud to be amongst the world’s top tech and innovative companies at Nasdaq. Chris Crane, President and CEO, Exelon We’ve further invested in tools to support our clients through the addition of ConnectIR to simplify stakeholder engagement for IR professionals. We also expanded our event and media space in Times Square through the opening of our Client Experience Center. And we continued our leadership in serving as an advocate for all public companies through efforts like our initiative to revitalize the U.S. capital markets and TotalMarkets initiative. To learn more about the specific advantages a Nasdaq listing could provide to your company, click here or contact J.R. Mastroianni at jr@nasdaq.com. J.R. Mastroianni is Vice President, Listing Services at Nasdaq. In this role, Mr. Mastroianni oversees advising publicly traded companies not on our exchange on the benefits of becoming Nasdaq listed. During Mr. Mastroianni’s tenure he and his team have attracted many industry leading companies to transfer to Nasdaq including Marriott International, ViacomCBS, Hasbro, PepsiCo, Walgreens Boots Alliance, and Analog Devices. *Includes all announced transfers as of December 20, 2019"
EXC,2019-12-23,29.2683,29.3581,28.8765,29.1079,
EXC,2019-12-24,29.1578,29.2614,29.0368,29.1852,
EXC,2019-12-26,29.1012,29.3103,29.065,29.1852,
EXC,2019-12-27,29.236,29.321,29.0748,29.2429,
EXC,2019-12-30,29.236,29.4344,29.1334,29.2233,
EXC,2019-12-31,29.2302,29.3914,29.0943,29.3581,"3 Big Stock Charts for Tuesday: DuPont, Exelon, and Cabot Oil & Gas Even with declines on Monday, U.S. stocks are closing out a remarkably strong 2020. The S&P 500 has gained 28.5% so far this year, and the NASDAQ Composite has performed even better. On the whole, American equities, barring a disaster on Tuesday, should post their second-best year since 1997. Source: Shutterstock As noted in the space before, the rally has been both broad and deep. Nearly 80% of stocks with a market capitalization over $300 million are positive in 2019. Almost 20% of those stocks have risen at least 50%. But that still leaves a few names that have been left out of the rally. Tuesday’s big stock charts focus on that group. Two of these stocks have declined so far this year, amid broad pressure on their respective industries. Another has gained less than 1%. But all three of late have shown support, which suggests at least some optimism heading into the New Year. DuPont de Nemours (DD) Source: Provided by Finviz DuPont de Nemours (NYSE:) has been one of the most disappointing stocks of the past few years. In a complicated feat of financial engineering, chemical giants Dow and DuPont DowDuPont. DowDuPont the ‘new’ Dow Inc. (NYSE:) and agricultural play Corteva (NYSE:) before renaming itself DuPont de Nemours. If that wasn’t enough, DuPont this month announced it would with International Flavors & Fragrances (NYSE:). Yet, as the first of Monday’s big stock charts shows, none of that movement has created any shareholder value. DowDuPont was a popular pick for sum of the parts upside, but DD stock is down 18% this year (adjusted for the spins). DOW stock has gained 9% since becoming independent, while CTVA is basically flat. The question heading into 2020 is whether the stock finally can stabilize: Excelon Corporation (EXC) Utility Exelon Corporation (NYSE:) has had a disappointing 2019 as well. Utilities as a sector, as measured by the Utilities Select Sector SPDR Fund (NYSE:), have gained 21%. EXC stock has risen just 0.62%. There are some reasons for the underperformance — but as the second of our big stock charts shows, investors of late have bet on an improved 2020: There are two core worries here. Exelon is facing a federal investigation of its lobbying efforts in Illinois, a probe that may be linked to of the company’s chief executive officer in October. In addition, Exelon’s nuclear business is waning: the company shut down its Three Mile Island reactor earlier this year. Both factors have pressured Exelon stock in recent months, and explain in part why shares have lagged the sector. That said, there’s some value here. On an earnings basis, EXC is one of the cheaper large-cap utility stocks in the market. A 3.2% dividend yield should be safe, and remains attractive in an environment where the 10-year Treasury bond yields less than 2%. Federal investigations are hardly welcome, but this is a company with a $44 billion market capitalization. Penalties relating to any untoward actions are likely to be relatively minimal in that context. There’s a case that the sell-off has gone too far. Some investors are acting on that case as 2020 approaches. Cabot Oil & Gas (COG) Source: Provided by Finviz Shale exploration plays like Cabot Oil & Gas (NYSE:) have had a difficult 2019. Low oil and natural gas prices have hurt profits. The acquisition of Anadarko Petroleum by Occidental Petroleum (NYSE:) was supposed to unleash a wave of merger activity in the sector. But OXY stock wound up in November, potentially scaring off other buyers. Despite the sector weakness, investors have tried to time the bottom in COG stock on a few occasions in the second half of 2019. At the moment, that looks like a potentially dicey bet: As of this writing, Vince Martin has no positions in any securities mentioned. The post appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-01-02,29.4812,29.4812,29.1383,29.2546,
EXC,2020-01-03,29.191,29.4715,29.1852,29.3454,
EXC,2020-01-06,29.3278,29.4675,29.2302,29.3874,
EXC,2020-01-07,29.321,29.4235,29.0552,29.4168,
EXC,2020-01-08,29.4168,29.7383,29.3807,29.6258,"iShares U.S. Utilities ETF Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $56.1 million dollar outflow -- that's a 5.5% decrease week over week (from 6,400,000 to 6,050,000). Among the largest underlying components of IDU, in trading today American Electric Power Co Inc (Symbol: AEP) is off about 0.3%, Exelon Corp (Symbol: EXC) is up about 0.1%, and Sempra Energy (Symbol: SRE) is higher by about 0.3%. For a complete list of holdings, visit the IDU Holdings page » The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $130.92 per share, with $163.81 as the 52 week high point — that compares with a last trade of $159.98. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-01-09,29.5721,29.745,29.3523,29.7196,
EXC,2020-01-10,29.8164,29.8985,29.6972,29.79,
EXC,2020-01-13,29.7694,29.9971,29.7001,29.745,
EXC,2020-01-14,29.6806,29.6835,29.3454,29.5008,
EXC,2020-01-15,29.6552,30.2082,29.6288,29.9756,
EXC,2020-01-16,30.0401,30.2864,29.9756,30.0978,"Noteworthy ETF Outflows: FXU, GLIBA, EXC, VST Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the First Trust Utilities AlphaDEX Fund (Symbol: FXU) where we have detected an approximate $151.3 million dollar outflow -- that's a 10.8% decrease week over week (from 47,650,002 to 42,500,002). Among the largest underlying components of FXU, in trading today GCI Liberty Inc (Symbol: GLIBA) is down about 0.3%, Exelon Corp (Symbol: EXC) is up about 0.3%, and Vistra Energy Corp (Symbol: VST) is higher by about 2.1%. For a complete list of holdings, visit the FXU Holdings page » The chart below shows the one year price performance of FXU, versus its 200 day moving average: Looking at the chart above, FXU's low point in its 52 week range is $26.69 per share, with $30.16 as the 52 week high point — that compares with a last trade of $29.54. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-01-17,30.2404,30.5686,30.0929,30.5179,"EXC Makes Bullish Cross Above Critical Moving Average In trading on Friday, shares of Exelon Corp (Symbol: EXC) crossed above their 200 day moving average of $47.21, changing hands as high as $47.47 per share. Exelon Corp shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $43.415 per share, with $51.18 as the 52 week high point — that compares with a last trade of $47.39. The EXC DMA information above was sourced from TechnicalAnalysisChannel.com Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-01-21,30.5492,30.6586,30.4153,30.64,
EXC,2020-01-22,30.6333,30.853,30.5882,30.6917,
EXC,2020-01-23,30.6987,30.9106,30.5492,30.8784,
EXC,2020-01-24,30.813,31.0201,30.6206,30.7358,
EXC,2020-01-27,30.7573,31.0201,30.3889,30.4397,"Dow utilities index set to snap longest win streak in 28 years, despite Treasury yield dip and stock market selloff The utilities sector is slipping Monday, putting it on track to snap a long winning streak, although the conditions that helped prolong the win streak--falling Treasury yields and coronavirus-induced stock market weakness--accelerated. The Dow Jones Utility Average slipped 0.2%, after rising 7.3% amid a 12-session win streak through Friday. That win streak is the longest such streak since the 12-day stretch ending July 15, 1992. The SPDR Utilities Select Sector ETF eased 0.3% to put it in danger of snapping an 11-day win streak, which would be the longest since the 12-day win streak ending June 2, 2017. Among the more-active joint components, shares of AES Corp. lost 1.6%, Exelon Corp. gave up 0.5% and CenterPoint Energy Inc. fell 0.7%, while Southern Co. gained 0.4%. Meanwhile, the Dow Jones Industrial Average tumbled 331 points, or 1.1%, toward a fifth-straight decline, and the yield on the 10-year Treasury note lost 7.5 basis points to a 3 1/2-month low of 1.606%. Utilities tend to perform well when Treasury yields fall, because investors tend to treat the sector as a bond proxy given the companies' relatively high dividend and stable earnings. That also makes utilities a defensive sector. The energy sector ETF's dividend yield is 2.80%, compared with the implied yield for the S&P 500 of 1.84%."
EXC,2020-01-28,30.4329,30.853,30.4153,30.7358,"Daily Dividend Report: EXC, WMB, CP, IBM, GIS The Board of Directors of Exelon declared a regular quarterly dividend of $0.3825 per share on Exelon's common stock. The dividend is payable on Tuesday, March 10, 2020, to shareholders of record of Exelon as of 5 p.m. Eastern time on Thursday, Feb. 20, 2020. Williams' board of directors has approved a regular dividend of $0.40 per share, or $1.60 annualized, on the company's common stock, payable on March 30, 2020, to holders of record at the close of business on March 13, 2020. This is a 5.3% increase from Williams' first-quarter 2019 quarterly dividend of $0.38 per share, paid in March 2019. Williams has paid a common stock dividend every quarter since 1974. The Board of Directors of Canadian Pacific Railway today declared a quarterly dividend of $0.83 per share on the outstanding Common Shares. The dividend is payable on April 27, 2020 to holders of record at the close of business on March 27, 2020. The IBM board of directors today declared a regular quarterly cash dividend of $1.62 per common share, payable March 10, 2020 to stockholders of record February 10, 2020. IBM has paid consecutive quarterly dividends every year since 1916. The General Mills board declared a quarterly dividend at the prevailing rate of $0.49 per share, payable May 1, 2020, to shareholders of record as of April 10, 2020. General Mills and its predecessor company have paid dividends without interruption for 121 years. VIDEO: Daily Dividend Report: EXC, WMB, CP, IBM, GIS The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-01-29,30.6917,31.0885,30.64,30.7885,
EXC,2020-01-30,30.6654,31.0064,30.5238,30.9498,
EXC,2020-01-31,30.9106,31.0132,30.428,30.6469,
EXC,2020-02-03,30.7044,31.104,30.6517,31.0386,
EXC,2020-02-04,30.9809,31.238,30.8394,30.9682,
EXC,2020-02-05,30.9165,31.195,30.7943,31.1227,
EXC,2020-02-06,31.1354,31.278,31.0386,31.0777,
EXC,2020-02-07,31.1481,31.2839,31.0064,31.0329,
EXC,2020-02-10,31.0993,31.1412,30.9468,31.11,
EXC,2020-02-11,31.11,31.8535,31.11,31.7734,"[""Exelon Corp (EXC) Q4 2019 Earnings Call Transcript Image source: The Motley Fool. Exelon Corp (NASDAQ: EXC) Q4 2019 Earnings Call Feb 11, 2020, 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Hello and welcome to today's webcast. My name is Tamara, and I will be your event specialist today. [Operator Instructions] It is now my pleasure to turn today's program over to Dan Eggers, Senior Vice President of Corporate Finance. The floor is yours. Daniel L. Eggers -- Senior Vice President, Corporate Finance Thank you and good morning, Ditamara. Good morning, everyone, and thank you for joining our Fourth Quarter 2019 Earnings Conference Call. Leading the call today are Chris Crane, Exelon's President and Chief Executive Officer; and Joe Nigro, Exelon's Chief Financial Officer. They're joined by other members of Exelon's senior management team, who will be available to answer your questions following our prepared remarks. We issued our earnings release this morning along with the presentation, both of which can be found in the Investor Relations section of Exelon's website. The earnings release and other matters, which we discuss during today's call contains forward-looking statements and estimates that are subject to various risks and uncertainties. Actual results could differ from our forward-looking statements based on factors and assumptions discussed in today's material and comments made during this call. Please refer to today's 8-K and Exelon's other SEC filings for discussions of risk factors and factors that may cause results to differ from management's projections, forecasts and expectations. Today's presentation also includes references to adjusted operating earnings and other non-GAAP measures. Please refer to the information contained in the appendix of our presentation and our earnings release for reconciliations between the non-GAAP measures and the nearest equivalent GAAP measure. I'll now turn the call over to Chris Crane, Exelon's CEO. Chris M. Crane -- President and Chief Executive Officer Thank you, Dan, and good morning, everyone. Thank you for joining us for our 2019 fourth quarterearnings call I'm going to start on Slide 5. On almost all accounts, we had a very good 2019. Exelon Utilities and Generation remain focused on delivering for our customers and their communities. ComEd had its best performance ever, the nuclear fleet had its best capacity factor and we delivered financially. As you can read, the full-year GAAP earnings were $3.01 per share and the non-GAAP earnings were $3.22 per share, above our revised guidance range and midpoint of our original guidance range. Joe will walk you through the financial details later in the call. I want to address the operational details as we go forward. Last year, Exelon Utilities invested $5.5 billion in capital and $150 million, which is $150 million more than originally planned. These investments were primarily in infrastructure and technology to provide a premier customer experience, improve reliability and resiliency, modernization of our gas system, resulting in the best-ever customer satisfaction at each of our utilities. We had a productive year on the regulatory front. Pepco DC filed its first multi-year rate case and Maryland's PSC is moving forward with a multi-year rate plans. We've received a constructive settlement at BGE and at ACE. PECO's transmission formula was approved by FERC and ComEd's formula rate provided the third rate decrease in five years, helping to keep the average residential customer bill flat from where it was a decade ago. Excuse me, on the policy front, the United States Supreme Court upheld the Illinois and New York ZEC programs. New York State Supreme Court affirmed the ZEC program and the New Jersey -- and New Jersey implemented their ZEC program in the spring. Governor Wolf in Pennsylvania announced plans for Pennsylvania to join RGGI, and the Pennsylvania State Senate passed legislation, setting a goal for electric vehicles and deployment. FERC approved PJM's Fast Start reforms. PJM filed its proposal to reform the reserve market and scarcity rules. We made our commitment to grow the dividend by 5% annually through 2020, with the Board raising the annual dividend to $1.53 per share in January. We're good partners also with the communities we serve. Our employees volunteered a record-breaking 251,000 hours in 2019, that's 11,000 more than in 2018. During National Volunteer Week, we sponsored 452 events in 16 states and 128 cities with 5,400 employees, which is another record. In addition, Exelon donated nearly $52 million to charities and organizations throughout our footprint. We are committed to providing a diverse and inclusive environment for our nearly 33,000 employees. We are once again named Best Company for Diversity by Forbes, DiversityInc and the Human Rights Campaign. Our total diversity supplier spend exceeded $2 billion for the third straight year, accounting for 27% of our overall supplier spend. Exelon companies continue to prioritize partnerships with local-based diverse businesses by offering development programs. We also continued to be recognized for our environmental stewardship and were named to the Dow Jones Sustainability Index for the 14th year in a row. We are focused on operating at world-class levels, delivering on our strategy in supporting clean energy policies in their state. The hard work and the commitment of our employees to provide safe, reliable power and natural gas to our customers led way to the greatest performance we've had in 2019. We delivered on our commitments to you, our shareholders, but also our employees and our customers and our communities. However, this year was not -- last year was not without challenges, including subpoenas, we received from the US Attorney's office in Northern Illinois. As we said before, we are limited in what we can share about the investigation. However, I want to reiterate that we are fully cooperating with the US Attorney's Office and taking the situation very seriously. The Board appointed a Special Committee to provide oversight of the investigation led by outside counsels to determine if any changes are needed to ensure that, going forward, we operate at the highest possible standards. At the end of the [Technical Issues] our commitments for 2020. Turning to Slide 6, we're committed to operating our utilities at the highest levels for our customers. Since 2016, we have deployed nearly $22 billion across the utilities and plan to invest $26 billion over the next four years. These investments enhance reliability, resiliency and modernize our electric and gas systems. We've been able to make these needed improvements while keeping the boards -- the bills affordable. The rates in all our major cities, Baltimore, Chicago, Philadelphia, Washington are 13% to 18% below the average of -- for the large -- largest US cities, and 2% to 7% below the national average. These investments are producing tangible benefits for our customers. Customer satisfaction is at the highest level it's ever been at each one of our utilities, reflecting a strong system performance that has come from our investments. Frequency of outages has decreased significantly, down near 50% at ComEd and 30% at PHI. Outage duration has also decreased by 52% and 38% at ComEd and BGE, respectively. 2019 was the best reliability performance for ComEd and the second best for BGE. On the gas side, PECO and BGE have replaced more than 200 miles of cast iron and bare steel mains and nearly 30,000 metallic gas services in 2018. These investments will help our customers' current and future needs, while reducing gas leaks and greenhouse gas emissions. Moving to Slide 7. Our states are focused on ensuring the electric and the gas systems are ready to meet the changing customer needs, more reliable and more resilient and are prepared for renewables in electric vehicles and are ready to meet the challenges of climate change. We are working with each state to get the right mechanisms in place to be able to make these needed investments. Our states are providing support through a range of regulatory tools, including alternate rate making such as formula rates and multi-year rate plans, as well as tracker mechanisms for reliability and gas infrastructure programs. Turning to Slide 8, FERC's recent order on PJM capacity. The Governors in Illinois, Maryland and Jersey are firmly committed to having their electricity to be supplied by a 100% clean. These states are leading the way to a clean energy economy and we share that goal, and we'll work with them to achieve it. Unfortunately, there is a clear conflict between clean energy goals of our states and our customers on one side and the resource decisions being made by PJM and FERC on the other. Unless states take action to protect their clean energy programs, FERC's December order on the PJM Minimum Offer Price Rule or MOPR, will result in clean resources, supported by the states being pushed out of the capacity market, only to be replaced by carbon-based generation. This would result in billions of dollars of additional cost for customers and threaten the progress being made in retaining and expanding our clean energy. Our states, as well as many others oppose FERC's MOPR decision and are evaluating what actions may be necessary in response. We are working with policymakers and stakeholders to protect the clean energy programs from the negative impact of FERC's MOPR decision and enable the transition to a 100% clean. On Slide 9, we show our operating performance for the year. Each utility continues to have outstanding customer operations. All achieve first quartile in performance and service level and abandon rate. And I mentioned, we had our best ever scores on customer satisfaction index with BGE, ComEd and PECO, achieving top decile and PHI's performance significantly improved in the last three years, missing first quartile by 0.01 [Phonetic] points. Reliability performance was mix this year due to a very active minor storm season throughout the Mid Atlantic. For instance, PHI had 32 minor storms for 2019, compared to eight in 2018. Minor storms are not excluded from these calculations. However, ComEd achieved top quartile in both outage frequency and duration, and BGE achieved top quartile on outage duration. Turning to Generation on Slide 10. Our fleet -- Generation fleet performed one of its best years ever, very good in 2019, providing a significant portion of the country's clean energy. Exelon generates 12% or one out of every nine clean megawatts in the United States. Our best-in-class nuclear fleet operated very well last year. Our capacity factor was 95.7%, our highest ever. We generated 155 million megawatt hours, avoiding 81 million metric tons of greenhouse gas emission in 2019. Our average refueling outage duration was 21 days, matching the record set in 2018 and 18 -- 14 days better than the industry average. Exelon powers, gas and hydro dispatch match 97.9%, and wind and energy capture at 96.3% were better than plan. Our Constellation business remains the industry leader. A vast majority of our retail business is with C&I customers, where we have the largest retail platform with 25% market share, delivering 154 terawatt hours of electricity and 67 terawatt hours more than our nearest competitor. Our retail operating metrics remain strong. 79% customer renewal rates, average customer duration of more than six years and power contracts terms of 23 months on average. We continue to see stable unit margins with our power customers. Our focus is on cost and helping support operating margins. Constellation's strength lies in its durable relationship with our customers. We work with our customers to provide them solutions to meet their energy needs, while also reaching their environmental and sustainability goals. We provide our customers with much more than just a commodity. And I will turn the call over to Joe to review the financials. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Thank you, Chris, and good morning, everyone. Today I will cover our 2019 results, annual updates to our financial disclosures and 2020 guidance. Starting with Slide 11, we had another strong year. For the fourth quarter, we earned $0.79 per share on a GAAP basis and $0.83 per share on a non-GAAP basis. For the full-year, we earned $3.01 per share on a GAAP basis and $3.22 per share on a non-GAAP basis, which is above our revised full guidance -- full-year guidance of $3.05 to $3.20 per share and $0.07 per share above our original midpoint. Exelon Utilities delivered a combined $1.91 per share net of holding company expenses. Utility earnings were higher relative to original guidance, due to favorable O&M, including lack of major storm and favorable weather at PECO and BGE, as well as higher distribution revenues at BGE. These were partially offset by the impact of lower treasury rates on ComEd's ROE. ExGen earned $1.31 per share, exceeding its guidance range of $1.20 to $1.30 per share. ExGen's outperformance was primarily due to favorable O&M, including incremental nuclear insurance distributions and recognition in the fourth quarter of the research and development or R&D tax benefit for the years 2010 through 2018 tax years. We are expected to record this benefit, but it was more favorable than we had planned. This favorability was offset by the unplanned outages at Salem, Hamley station and a contracted asset during the year. Overall, we delivered well on our financial commitments. Moving to Slide 12. The consolidated PHI utilities earned a 9.2% ROE for the trailing 12 months, up 90 basis points from year-end 2018. The improvement is driven by the constructive distribution rate cases across the jurisdictions, as well as incremental transmission revenue and a decrease in O&M, partially offset by an increase in depreciation. Earned ROEs for the legacy Exelon Utilities were above 10%, slightly improving from year-end 2018. Looking at our utility returns on a consolidated basis, we earned a 10% ROE for the trailing 12 months, which compares to last year's 9.6%. As a reminder, we targeted 9% to 10% consolidated ROE at our utilities and expect that we will move around in that band over the course of time. And we remain focused on earning fair returns across all of our utilities. On Slide 13, we rolled forward our outlook for utility capex and rate base, covering 2020 to 2023. This year, we expect to invest nearly $6.5 billion in our utilities and a total of $26 billion over the next four years. These investments are improving our system reliability, service experience for our utility customers and preparing us for the future. Our capital forecast reflects identified and approved projects. As we move through time, we identify more investment needs across the system that will provide additional benefits to our customers and communities. Since the initial disclosures for the 2018 to 2022 period, we have identified nearly $4.9 billion in additional investment, including an additional $1.9 billion since last year's fourth quarter call. As Chris mentioned, these investments benefit our customers by helping to drive our operational excellence, overall customer satisfaction and meet state resiliency and environmental priorities. Since the PHI merger in 2016 [Phonetic], we have added more than $9 billion in rate base across the utility. Over the next four years, we will grow our rate base 7.3% annually to $54.2 billion, adding $13 billion to rate base by 2023 or the equivalent of adding a utility between the size of PHI and ComEd, without paying a premium, issuing equity or obtaining merger approvals. As a reminder, 65% of our rate base growth is covered under either formula rates or mechanisms such as capital trackers. These support our ability to efficiently invest in our system, while also allowing us to earn a fair and timely return on our capital. Where we do not have these mechanisms, we will continue to work with stakeholders to establish more timely recovery tools. Chris touched on this earlier, but I want to remind you all that we have been able to make these important investments, while maintaining lower customer rates, compared to other large urban areas. When we look at our projected residential bills, we continue to see bill inflation around or below the rate of inflation even as we make these important investments. In the appendix, we provide a more detailed breakdown of the capital and rate base outlook for each utility starting on Slide 23. Turning to Slide 14. We continue to forecast strong utility less holding company EPS growth of 6% to 8%. When you consider the drop in the 30-year treasury that lowered our EPS outlook for ComEd by roughly a $0.05, compared to what we had showed you last year, we've been more than able to offset in the back-end of our plan through the increased capex program across the utilities for the benefit of our customers, which brings us to the durability of our industry-leading earnings growth, which reflects a combination of strong rate base growth to support system needs for a more digital economy and environmental goals, successful cost management and a focus on customer bill affordability. Before discussing our gross margin update on Slide 15, I want to remind you that given the lack of clarity around the outcome of legislation in Illinois and the fact that PJM is not yet held the capacity auction for the 2022-2023 delivery year, we will not be providing any ExGen disclosures beyond 2021. So turning to the table. There is no change in total gross margin in 2020 or '21 from our last disclosure. Open gross margin declined by $400 million and $100 million in '20 and '21, respectively, due to decline in power prices across most regions offset by our hedges. During the quarter, we executed $50 million of power new business in 2020. We remain slightly behind our ratable hedging program in all years. We ended the year 6% to 9% behind in 2020 and 3% to 6% behind in 2021 by taking cross commodity hedges into account. We continue to see some upside in certain markets, but are not expecting a significant rebound in power prices or volatility. Slide 16, shows our O&M and capital outlook at Generation for 2020 and 2021, compared to our previous disclosure on our fourth quarter call last year, our O&M is down in each year. The updated forecast reflects O&M cuts we announced on last quarter call, pension benefits and nuclear savings. The return on our pension investments in 2019 significantly exceeded our planned returns, but this favorability was partially offset by the drop in the discount rate. Taking both into account our pension expense, it's about flat to plan in 2020 and is down by approximately $25 million in 2021. Turning to capex, we expect lower cash outlays than we projected last year. We've reduced the growth capital in 2020 and 2021, given the focus of recycling ExGen cash and the increased need for equity investments at the utilities, given their growing capital needs. Nuclear fuel costs are also lower into 2020 and higher in 2021 versus last year's disclosure, primarily due to a shift in deliveries. Overall, we continue to see a constructive outlook for the nuclear fuel costs looking out over our planning horizon. We will continue to look for ways to be more efficient in how we work and spend to improve the cash flow profile of ExGen, while maintaining the safety and reliability of our fleet. Moving to Slide 17. We remain committed to maintaining a strong balance sheet and our investment grade credit rating. Our consolidated corporate credit metrics are consistent with our targeted ranges and above S&P thresholds. Looking at ExGen, we are well ahead of our debt-to-EBITDA target for 3.0 times. For 2020, we expect to be at 2.4 times debt-to-EBITDA and 1.9 times debt-to-EBITDA, when excluding non-recourse debt. This year, we will be active in the capital markets as we support our utility rate base growth. At ExGen, we plan to retire $1.5 billion of long-term debt this year, including the $1 billion maturity we paid off in January. As a reminder, this is in addition to the $600 million of long-term debt retired in October of 2019. Finally, I will conclude with our 2020 earnings guidance on Slide 18. We have provided 2020 adjusted earnings guidance of $3 to $3.30 per share. Growth in utility earnings is primarily driven by the continued increase in rate base, as we deploy capital for the benefit of our customers, as well as carry through from the 2019 rate cases. We will see offset from lower treasuries on ComEd's earned ROEs, higher depreciation and some regulatory timing drags between investment and rate cases, most notably at PECO. Our consolidated range in 2020 for utilities less Holdco is $1.80 a share to $2.10 per share. The decline in our ExGen's earnings is a combination of lower realized energy prices and capacity revenues, more planned nuclear outage days and the absence of nuclear decommissioning trust gains. These are partially offset by a full-year of ZEC revenues in New Jersey and increased ZEC revenues in New York. We expect first quarter operating earnings to be in the range of $0.85 per share to $0.95 per share. More detail on the year-over-year drivers by operating company can be found in the appendix, starting on Slide 55. With that, I will now turn the call back to Chris for his closing remarks. Chris M. Crane -- President and Chief Executive Officer Thanks, Joe. Turning to Slide 19. I want to discuss our key focus areas for 2020. We will continue to deliver operational excellence across our businesses, focusing on modernizing the grid and improving the customer experience at our utilities, while staying focused on safety and reliability. We will meet or exceed our financial commitments, delivering earnings within the range and maintain our investment grade credit ratings as Joe mentioned. At utilities, we will prudently and effectively deploy $6.5 billion of capital to benefit our customers and help meet the needs our state's energy policy goals. And we will work with our regulators to ensure timely recovery on these investments. We will support the enacted -- enactment of state and federal clean energy policies with major initiatives, which was in-flight in several states. We will -- and we will partner and ally with the communities we serve, this is key to who we are. Slide 20, I will close on Exelon's value proposition which highlights our strategy and commitment to shareholders. We will continue our focus on growing our utilities, targeting 7.3% rate base growth and 6% to 8% earnings growth through 2023, rolling forward another year, this -- at this above group trajectory, we will use free cash flow from ExGen to support utility growth, pay down debt and support the external dividend. We will continue to optimize the value of our Genco business by seeking fair compensation for our zero emitting generating fleet, closing uneconomic plants and monetizing assets as we see value is there, while maximizing their value through generation to load matching strategy at Constellation. We will sustain growth investment grade metrics -- excuse me, strong investment grade metrics and we will grow our dividend at 5% through 2020. The strategy underpinning this value proposition is our effective and providing tangible benefits to our shareholders. We remain committed to optimizing the value of our business and earning your ongoing support to Exelon. Operator, we can now open the call to questions. Questions and Answers: Operator Thank you. [Operator Instructions] Your first response is from Greg Gordon with Evercore. Greg Gordon -- Evercore ISI -- Analyst Thanks. Good morning. Congratulations on a great year and the outlook is encouraging. A couple questions, the utility growth outlook is obviously improved as we go out through time, despite the headwind from ComEd. The capex is up significantly, but the rate base growth numbers look like they're not moving as much in tandem. I skimmed through the whole deck, I understand you've also moved capital around the different jurisdictions as well. But can you just comment on sort of that modest level of dissidence between capex being up and rate base growth looking like it's not up as much? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yes, Greg. Good morning, it's Joe. Yes, the issue isn't solely that the incremental capex that we mentioned of approximately $2 billion isn't falling the rate base. It's about all of the capex and what we get into is the timing of when these projects go in service. So, we've updated some assumptions as it relates to the schedule of when the projects are finished, and then they go into service. In addition to that, we could have changes and things like depreciation that would also impact that. So it's really just a movement of when we see project timing and other things. Greg Gordon -- Evercore ISI -- Analyst So AFUDC is not or CWIP and AFUDC are not contemplated in that -- those calculations then? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer No, they're not contemplated in that calculation. Greg Gordon -- Evercore ISI -- Analyst Okay. That explains it. Thanks. In terms of the cash flow profile, I know that you haven't given us an update. But -- because we do have obviously significant uncertainty with regard to ExGen and Illinois. But as you look at most scenarios there, whether it's getting some sort of deserved incremental revenue for the clean attribute to your plants or having to use self-help to rectify the earnings issues. Under most of those scenarios, do you still see the utility being funded by the cash flow of the corporation without needing equity through this forecast period? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yes, Greg. So first thing, I would say is based on the current plan, as I mentioned in my prepared remarks, we don't incorporate any equity issuance from in the plan. And going forward, we can meet the funding needs and maintain the investment grade credit metrics under most scenarios that we look at, because we do look at this under a range of different possibilities. Greg Gordon -- Evercore ISI -- Analyst Okay. Two more questions. They are quick. One, since the Q, since the EI deck where you usually give us your update on where you think O&M and capital are driving at ExGen, things have improved on the margin. Can you comment on how you've pulled forward some of those, the O&M and capex trajectory? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yes, I think the big thing is when you look at the improvement in ExGen earnings, it's really driven by four variables. As you could see in '20 and '21, the gross margin hasn't changed, right? But what has changed is, we announced the O&M reductions on the third quarter call, that's been a benefit. Property -- lower property taxes has been a benefit at ExGen. Lower depreciation is also a benefit. And then finally, we do have some lower interest expense when you think about the retirement of debt. So, those four variables have driven improvement to the ExGen earnings. Greg Gordon -- Evercore ISI -- Analyst Okay. Final question, Chris. Time flies, seems like yesterday since you made the commitment to grow the dividend 5% through 2020 and here we are in 2020. And you've made good on that commitment. At what point do you go back to the Board with a recommendation on the dividend policy post 2020? Chris M. Crane -- President and Chief Executive Officer So, I would anticipate the discussions with the Board will be in the fall timeframe, when we have further clarity on what the future looks like, if we are able to enact some of the policies and programs in the states we're working on. And it provides us with certainty that we can provide certainty to the Board that maintaining the health of the balance sheet, while creating shareholder value. We should have a better picture at that time. So, I would expect us talking to you around year-end timeframe about that. Greg Gordon -- Evercore ISI -- Analyst Thank you, Chris. Take care, guys. Chris M. Crane -- President and Chief Executive Officer Thanks. Operator Thank you. Your next response is from Stephen Byrd with Morgan Stanley. Stephen Byrd -- Morgan Stanley -- Analyst Hey. Good morning. Chris M. Crane -- President and Chief Executive Officer Good morning. Stephen Byrd -- Morgan Stanley -- Analyst I had a couple of broader policy questions. We've certainly been seeing quite a bit of evidence of, especially in the PJM states, a movement away from fossil fuels. And on the merchant side, I think, I understand some of the moving parts there. But on the regulated utility side, what is your sense of the degree to which states are now pushing to move away from fossil fuels? And how do you think broadly about pivoting and sort of reacting to that shift at the utility side of your business? Chris M. Crane -- President and Chief Executive Officer So, as you know, Steven, our utilities do not have any generation and are restricted from having generation in the states that we serve. What you see in our planning years that you're looking at for the utilities, they incorporate what we believe needs to be done to support the state's needs, which calls for more robust distribution system investments to allow two way energy flows, which is going to require transmission build-out to take care of importing the win from the pockets of the service areas that we serve. And that's what's anticipated right now in the capital plan that we have in front of you. We have got to keep up with the state's policies, legislative agendas or whatever is going to change the system, so our customers can benefit from these policies that the states are enacting. Stephen Byrd -- Morgan Stanley -- Analyst Understood. And then just shifting over to the PJM capacity process. I wanted to just get your latest thinking on next steps procedurally. I'm thinking about sort of the broader process under which PJM would refine their approach and the timing under which they have an auction. And I guess, I'm thinking also about the possibility of pretty significant litigation around the -- whatever comes out of the PJM and the FERC process here. How do you see that unfolding? Just wanted to get your latest thoughts there? Kathleen L. Barron -- Senior Vice President, Government and Regulatory Affairs and Public Policy Hi, Steven. It's Kathleen Barron. I can take that question. I'll start with auction timing. As you know, there is a large group of stakeholders, including clean energy advocates, consumer advocates, renewable developers and most importantly, the states who have asked PJM to take their time in scheduling the next auction. There's just been such a fundamental change in policy here that states need time to evaluate what the impact is on their customers and to design appropriate policies to protect their customers from the significant impact of this new policy on customer bills. So we, of course, agree with that perspective and are going to continue to urge PJM when they're developing their next filing at FERC, which as you know is in March, to propose an auction timing schedule that takes into account the state's needs. And in terms of litigation, you're right that there have been a number of request for rehearing that have been filed, that would be the next step for FERC before this case could go to litigation forecast. No timeline on which to act on request for rehearing, but I think the more important point is, they have been developing this policy for years. I mean, they've laid out in an order in ISO New England, three years ago that MOPR is their standard solution and they've carried that through to PJM. I see no future where they change their mind on that policy. And I think, therefore, the states are right in looking at what their alternatives are to continue participation in RPM. Stephen Byrd -- Morgan Stanley -- Analyst Understood. And just to follow up there, Kathleen. Can the auction proceed if there is pretty significant litigation for multiple states, sort of questioning the fundamentals of that FERC order? Kathleen L. Barron -- Senior Vice President, Government and Regulatory Affairs and Public Policy Well, technically, it can. I mean, I think, from a good governance perspective, of course, as I said before, PJM should take into account the fact that some of the state's needs more information to figure out what the impact is going to be on their citizens. They are going to need to do an internal evaluation. But from a legal perspective, the FERC order is final and once the compliance filing is submitted and approved, then PJM will be allowed to conduct an auction unless there is some sort of a judicial stay imposed. Stephen Byrd -- Morgan Stanley -- Analyst Understood. That's helpful. Thank you very much. Operator Thank you. Your next response is from Steve Fleishman with Wolfe Research. Steve Fleishman -- Wolfe Research -- Analyst Yes. Hi, good morning. Chris M. Crane -- President and Chief Executive Officer Good morning. Steve Fleishman -- Wolfe Research -- Analyst Can you hear me, OK, Chris? Thanks. Chris M. Crane -- President and Chief Executive Officer Yes, Perfect. Yes, we... Steve Fleishman -- Wolfe Research -- Analyst Great, great. So just on the Illinois process, could you just maybe talk to, I guess, an update of the legislation and just trying to make sure that, I think the hope is that there'll be more of a long-term framework in place for treatment of nuclear and renewables. And just how much is that likely to be part of any legislative activity in the state? Chris M. Crane -- President and Chief Executive Officer Well, it's definitely -- there is two focuses that Exelon has in the legislation. One is the ComEd side, ensuring that we have adequate recovery mechanisms for capital investments being made, while trying to maintain the customer protections that we need by caps on bill increases, so that part is very critical. Kathleen can address the Genco part. She has been heading that up in Springfield, in and around the state. Kathleen L. Barron -- Senior Vice President, Government and Regulatory Affairs and Public Policy Sure. Steve, I can jump in on the -- on your point about having a longer-term framework, which is exactly the point of the legislation that's pending in Illinois. And the idea of using the fixed resource requirement provision in the PJM tariff for the FRR provision is to give states that kind of flexibility to provide, for example, for renewables that may want to have contracts of different lengths, exactly that flexibility for them to have those those contracts. And likewise, for their broader clean energy goals for them to be able to differentiate when they're procuring capacity resources between clean resources and emitting resources and having that ability to design their capacity procurement to meet their state policy on a longer term basis is one of the key benefits of the FRR strategy. Steve Fleishman -- Wolfe Research -- Analyst Okay. And any sense on when we'll get kind of a more, kind of, fully -- full bill with more details proposed to get a better sense on just the details of the potential bill? Kathleen L. Barron -- Senior Vice President, Government and Regulatory Affairs and Public Policy Yes, I think you should expect to see further discussion and public hearings about what the bill should look like. As you know, there are a number of proposals that are alive in the legislature and Springfield. And so there needs to be some discussion and public hearings of how the state's policy on all the issues that are pending will come together in a comprehensive approach. So, I think over the course of the spring session, those details will become more evident. As you know in most legislators, it usually takes until closer to the end of the session for all the details to be worked out, but I think you'll start to see over the coming weeks and months more details emerge. Steve Fleishman -- Wolfe Research -- Analyst Okay. And then a broader question just on, I guess, it's a ESG/nuclear carbon question. Just maybe for Chris. Just how do you feel about your ability to get credit. It seems like there's a lot of focus on ESG and renewables and not necessarily as much focus on the benefits of nuclear and carbon reduction. As you said, 12% of the megawatt hours you produced for the country last year. Just how do you feel that you're going to be able to get credit either Republican or Democrat for the benefits of nuclear? Just how both sides are kind of looking at that right now? Including on the Democrat side? Chris M. Crane -- President and Chief Executive Officer Yes, I think over the last two years to three years, you've seen a greater recognition of the benefit of nuclear as it's contributing to a cleaner environment, low carbon and also other emitting gases. So as we work with stakeholders explaining electrification and the benefits of electrification and that electrification is coming from clean sources that are highly reliable like base load nuclear and there has been quite a few environmental organizations and government legislative folks that agree with that. The dialog is going on, on how do we keep these assets, so the states can make their goals and that's going to be a critical part going forward. We've shared numbers with you before that if we shut down a couple of nuclear units in a single state, we can totally destroy all the investments that were being made in the renewables and we're just going to go backwards with our carbon emission. So, we have to do our job not only as a company, but as an industry and we're trying to do that. The Nuclear Energy Institute has done a very good job on their campaign to communicate that through greater and broader masses and we'll continue to do it ourselves and work through things like the legislation that may be enacted or policies that may be enacted in states. We've seen the ZEC and the recognition in New York. We saw the ZEC and the recognition in Illinois. We're going to have to go a little bit further to be able to save these plants and that's where we're talking about FRR. And it's also another part of it, it's more than just environmental. The reliability they provide, the jobs they provide, the economic engine for the communities that they serve is very impactful. And to not have these assets or to be replaced with carbon-based assets will just send the states, not only financially but environmentally backwards. Steve Fleishman -- Wolfe Research -- Analyst Thank you. Operator Thanks you. Your next response is from Shar Pourreza from Guggenheim. Shar Pourreza -- Guggenheim Securities -- Analyst Hey. Good morning, guys. Chris M. Crane -- President and Chief Executive Officer Good morning. Shar Pourreza -- Guggenheim Securities -- Analyst Just focusing little bit on the Genco. If we get to sort of the November veto session and find energy legislation gets pushed to '21, and we assume that there will be a PJM auction in let's say, December and January and another one roughly six months after that. Can you just walk us through how you would be thinking about the auction participation and the timing of potential closures? And do you feel that the MOPR order has catalyzed the states to act on CJC? Chris M. Crane -- President and Chief Executive Officer You know, we're not speculating right now on that. We surely hope for many complicated issues that the states are able to enact and given time to enact the policies that they desire, that will allow these plants to still operate. I've said for the last four years or five years on almost everyearnings callthat if we can't see a path to financial stability for each one of these assets, then we will have to retire them. And we are not going to speculate today on which ones are win, but we've shut down Oyster Creek, gone into decommissioning with the decommissioning company. TMI is off. There was no path for financial stability. And as I've said in the past, we must watch the balance sheet and our debt commitments and negative cash flow assets will only send the fleet backwards and our goals on strong investment grade, that will allow us to maintain our commitments to operate plants safely and meet our financial commitments on retiring our debt. So, we'll work hard through this legislative session to convey the importance of it and we're not going to speculate until we no longer have a path to profitability for the assets. Shar Pourreza -- Guggenheim Securities -- Analyst Got it. And then, if -- let's just say, Illinois does FRR, how are you thinking about maybe the potential impacts on sort of the rest of the RTO fleet like in Pennsylvania and Maryland, especially given, obviously, the IMM has been taken somewhat of a bearish tone on the impact? Kathleen L. Barron -- Senior Vice President, Government and Regulatory Affairs and Public Policy Yes. Shar, this is Kathleen, I can take that one. I mean, there are a number of estimates as you know out there about the impact of one, two, three, four, five states choosing the FRR option. We have not conducted an analyses of what that means for the rest of the pool. So, I'm not going to speculate on which ones of those analyses are accurate. But I will just say with respect to the market monitor and the suggestion that the MOPR is going to have no impact on capacity clearing prices, it's -- and I know that, that's been repeated by number of the fossil companies, it's a little bit concerning. I mean it's exactly these state programs that they -- that were the reason that the MOPR litigation was brought by these companies. Recall when the first lawsuit was filed in New York when New York adopted a ZEC program, they said the point of the lawsuit was that ZEC programs were suppressing market prices by $15 billion over the course of that program's life. The whole purpose of MOPR was to raise capacity prices. Commissioner Glick estimated that it's going to raise capacity prices by $2.4 billion annually across the pool. Other independent analyses have gone there, too. So, it's just not credible for them to be now saying MOPR is going to have no impact. Shar Pourreza -- Guggenheim Securities -- Analyst Got it. That's helpful. And congrats, guys. It's very solid results. Chris M. Crane -- President and Chief Executive Officer Thank you. Operator Your next response is from Joseph Rokowski from Bank of America. Please go ahead. Julien Dumoulin-Smith -- Bank of America Merrill Lynch -- Analyst Hey. It's Julien. Can you hear me? Chris M. Crane -- President and Chief Executive Officer Yes. Julien Dumoulin-Smith -- Bank of America Merrill Lynch -- Analyst Great. Thank you guys for the time. Super quick. Let me come back to some of the numbers that we start with Greg earlier. Just in terms of the guidance, I know you mentioned the AFUDC spend and the reconciliation between capex and rate base. Can we talk about, the earnings? Obviously, rate base unchanged, EPS guidance higher. Is that principally due to some of the changes in AFUDC that isn't formerly reflecting that rate base, but obviously reflected in that capex? Or are there other changes, obviously, the cadence of the trajectory of the earnings in '20 and '21 onwards has shifted a little bit as well. So, I just wanted to clarify that. And then also on ExGen, similar dynamic around what's causing the offset versus the open margin. I think you had a little bit of a quick brief commentary about basis potentially. So just want to elaborate quickly on that as well as maybe the tax piece for ExGen year-over-year. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yes, Julien. Good morning, it's Joe. On your first question, remember we're giving you guidance for the combined EU and Holdco. So, there is a couple of variables, even though we're investing capex and rate bases and rising. When you look at it, the interest rate -- the interest expense at corporate is projected lower, which drive EPS as one variable that's positive to the earnings. We are -- when you look at these projects, right? You could still see there is additional capex growth and then we've had some improvement in ROEs versus our prior plan, as well based on some of the regulatory actions and performance. So, there is a number of variables outside just the incremental capex that would drive the value. Your second question on the offsets at Generation. It's -- when you look at the prices falling, use 21 as an example where we're less than 70% hedged. You see that you would have the open gross margin come down. However, that's a price at a common trading point when you look at the values associated back to where the generator bus bars are, for example, those prices move every day as well. And there was some offsets associated with that, so that got us down to flat. Julien Dumoulin-Smith -- Bank of America Merrill Lynch -- Analyst Got it. Excellent. And then just to come back to the broader strategic points here. At what point in time you need to make decisions here? It sounds like there's a latitude through the course of this year. And then related to that, are you expecting any kind of FRR developments ahead of these auctions themselves? Or would -- the outcome of the auction and the outcome of any ultimate resolution of how to run this auction proved to be a decision point for states outside of Illinois? I just want to understand the cadence of events, given where we stand today. I know there's a lot of moving pieces. And that could be a long question. But I'll let you respond to as you keep that. Chris M. Crane -- President and Chief Executive Officer We are definitely responding to the MOPR in our commentary to FERC and PJM if they need to allow the states to enact whatever policy or legislation they are pursuing prior to running the auctions. There is adequate capacity in within the system that we don't need to rush, to secure it until the rules are clear. So it would be an unfortunate event if the auctions ran before the states, we are able to take action, which means you'd be looking at 2024, 2025 before you'd be able to enact. And that's a long time with negative cash flows that many of the units would be facing at that point. So, we want to work with every stakeholder we can within the states that we serve to help them enact the policies and explain what we can on the economics. If the bill, as we've seen it and draft toward the end of last year is enacted, it actually has a significant benefit to the consumer. It's not a bill increase as being communicated by some or understood by others. It actually, as Kathleen pointed out, could cost as much as $2.6 billion to the PJM customers and you take just Illinois alone, that's about 15% or a little over $400 million on an annual basis, on an increase to those customers. So, there is a customer benefit here. There is -- as drafted or inputted previously, there is a cap on the -- and what can be increased on both sides, the investment to support the renewables or the cost of the energy capacity in a system. So, we need to be able to have the time or the states need to be able to have the time and there is discussion in multiple states right now that they want to look at something differently and we hope that PJM respects the state's needs and allows them time to enact the policies that they desire. Julien Dumoulin-Smith -- Bank of America Merrill Lynch -- Analyst Thank you. Operator Thank you. Your last question comes from the line of Michael Weinstein from Credit Suisse. Michael Weinstein -- Credit Suisse -- Analyst Hi, Joe and Chris. Chris M. Crane -- President and Chief Executive Officer Hey, Mike. Michael Weinstein -- Credit Suisse -- Analyst Hey. Maybe you could explain a little bit why the hedging program is still, I guess, a little bit more behind ratable? I guess you talked about not expecting a significant balance in power prices going forward? Just wondering what the thinking is? Chris M. Crane -- President and Chief Executive Officer Yes, I'll let Jim McHugh answer that. James McHugh -- Chief Executive Officer, Constellation Executive Vice President Yes. Hi, Michael, it's Jim. We have shifted our positioning in the markets through time, I think we -- at this time, a year or 18 months ago or even 24 months ago, we are carrying a position behind ratable, primarily in the baseload regions, looking at the markets and where they were trading. What we've done is we've shifted some of that to different regions. For example, one of the areas we've -- with a backward dated curve in ERCOT, for example, we see opportunities in different seasons in Texas, with ORDC pricing being more relative for the future. So, there is just -- we're picking and choosing our spots, I would say, and it's spread out across multiple regions and it's just a smaller overall position, but we're looking at where the opportunities are. And then, not a little bit relative to your question, I would just highlight to that the vast majority of our new business would not come from that type of optimization activity, but 70% to 75% will come from our load sales and customer-facing business in retail and wholesale. So, we see a good strong pipeline for those activities and you saw the win rates and renewal rates that Chris spoke to during the call, which is another opportunity for us to continue to make our new business targets. Michael Weinstein -- Credit Suisse -- Analyst All right. Still pretty well balanced. And on the capital program, would it be fair to say that it's -- that you are being conservative on it, given the uncertainty over PJM and CJC? Could the capital program actually be higher next year, if we see some more resolution or more certainty over there? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Michael, what I would say is our capital program reflects what we think is the projects we've identified, as I said in my prepared remarks at this point in time. I think that you've seen the uptick in what we put in 2019 versus what we're putting in 2020, and we'll continue to challenge ourselves for the benefit of our customers. But right now, I would tell you, I think what we're showing you is a fair reflection of where we are and what we expect to do. Calvin G. Butler -- Senior Executive Vice President and Chief Executive Officer of Exelon Utilities And Michael, this is Calvin. I would also say, when you look at 2019, we added $150 million additional capital all around gas, main replacement and really adding to the overall customer experience. And as we've built out our plan, whether it's transmission or distribution, additional capital, it's all around meeting those customers' expectations and our stakeholders in terms of reliability and resiliency. So, we feel we have a solid plan and can execute to it. Chris M. Crane -- President and Chief Executive Officer The only thing I'd add to that is, every quarter we look at the total bill of the customers and we're very sensitive to making sure the investment is prudent. It drives efficiency, reliability and benefit to the customer and we also watch the affordability. Michael Weinstein -- Credit Suisse -- Analyst Got it. One last question. Hey, Calvin, for the PHI multi-year rate plan filing for this year, are you guys -- would it be fair to say that the ROEs tick up from the low 9s, could go up to the high-9s, if you get that approved later on? Calvin G. Butler -- Senior Executive Vice President and Chief Executive Officer of Exelon Utilities No, what we anticipate, we do not -- first, right now, we expect the DC commission to come out with a ruling in the fourth quarter of this year. And along the way, we've adjusted our ask in terms of those multi-year plans, but we have a very solid understanding of what those ROEs are. So, I'm comfortable with where they are right now. Michael Weinstein -- Credit Suisse -- Analyst Got you. All right. Thank you very much. Chris M. Crane -- President and Chief Executive Officer Thank you. And thank you for participating today. Before we end, I want to thank our employees for staying focused on safety and delivering another good year, both operationally and financially. And with that, I'll close out the call. Thank you. Operator [Operator Closing Remarks] Duration: 61 minutes Call participants: Daniel L. Eggers -- Senior Vice President, Corporate Finance Chris M. Crane -- President and Chief Executive Officer Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Kathleen L. Barron -- Senior Vice President, Government and Regulatory Affairs and Public Policy James McHugh -- Chief Executive Officer, Constellation Executive Vice President Calvin G. Butler -- Senior Executive Vice President and Chief Executive Officer of Exelon Utilities Greg Gordon -- Evercore ISI -- Analyst Stephen Byrd -- Morgan Stanley -- Analyst Steve Fleishman -- Wolfe Research -- Analyst Shar Pourreza -- Guggenheim Securities -- Analyst Julien Dumoulin-Smith -- Bank of America Merrill Lynch -- Analyst Michael Weinstein -- Credit Suisse -- Analyst More EXC analysis All earnings call transcripts 10 stocks we like better than Exelon When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Exelon wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of December 1, 2019 This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Q4 19 Earnings Conference Call At 10:00 AM ET (RTTNews) - Exelon Corp. (EXC) will host a conference call at 10:00 AM ET on Feb. 11, 2020, to discuss Q4 19 earnings results. To access the live webcast, log on to https://www.exeloncorp.com/investor-relations/events-and-presentations The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Guides FY20 Adj. EPS In Line With Estimates - Quick Facts (RTTNews) - While reporting financial results for the fourth quarter on Wednesday, Exelon Corp (EXC) initiated its adjusted operating earnings outlook for the full year 2020, reflecting growth in Utilities, offset by lower realized energy and capacity revenues. For fiscal 2020, the company now projects adjusted operating earnings in a range of $3.00 to $3.30 per share. On average, analysts polled by Thomson Reuters expect the company to report earnings of $3.03 per share for the year. Analysts' estimates typically exclude special items. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Q4 19 Earnings Conference Call At 10:00 AM ET (RTTNews) - Exelon Corp. (EXC) will host a conference call at 10:00 AM ET on Feb. 11, 2020, to discuss Q4 19 earnings results. To access the live webcast, log on to https://www.exeloncorp.com/investor-relations/events-and-presentations The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2020-02-12,31.8359,31.9541,31.5614,31.7207,"Exelon now sees risk of criminal, civil penalties from federal probe into lobbying activities Exelon Corp. disclosed in its 2019 annual report that it now acknowledges there is a risk that previously disclosed federal investigations into lobbying activities could lead to criminal or civil penalties. Shares of the energy generation, power marketing and energy delivery company fell 0.7% in premarket trading. Exelon disclosed late Tuesday that a it received a grand jury subpoena in the second quarter of 2019 from the U.S. Attorney's Office for the Northern District of Illinois requiring information concerning lobbying activities in the state, then received a second subpoena on Oct. 4 for records of communications. The company has also disclosed that on Oct. 22, it and subsidiary Commonwealth Edison (ComEd) were notified that the Securities and Exchange Commission opened an investigation into lobbying activities. ""The outcome of the U.S. Attorney's Office and SEC investigations cannot be predicted and could subject Exelon and ComEd to criminal or civil penalties, sanctions or other remedial measures,"" Exelon stated. Previous disclosures didn't list criminal or civil penalties as risks. The stock has gained 3.0% over the past 12 months through Tuesday, while the S&P 500 has rallied 22.3%."
EXC,2020-02-13,31.8428,32.002,31.6874,31.9209,
EXC,2020-02-14,31.9414,32.0567,31.7675,32.0441,
EXC,2020-02-18,32.1476,32.5463,31.9727,32.4427,"[""Notable Tuesday Option Activity: NCLH, EXC, NEE Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Norwegian Cruise Line Holdings Ltd (Symbol: NCLH), where a total of 11,112 contracts have traded so far, representing approximately 1.1 million underlying shares. That amounts to about 51.2% of NCLH's average daily trading volume over the past month of 2.2 million shares. Especially high volume was seen for the $55 strike call option expiring March 20, 2020, with 1,786 contracts trading so far today, representing approximately 178,600 underlying shares of NCLH. Below is a chart showing NCLH's trailing twelve month trading history, with the $55 strike highlighted in orange: Exelon Corp (Symbol: EXC) options are showing a volume of 28,441 contracts thus far today. That number of contracts represents approximately 2.8 million underlying shares, working out to a sizeable 50.7% of EXC's average daily trading volume over the past month, of 5.6 million shares. Particularly high volume was seen for the $47 strike call option expiring February 21, 2020, with 8,210 contracts trading so far today, representing approximately 821,000 underlying shares of EXC. Below is a chart showing EXC's trailing twelve month trading history, with the $47 strike highlighted in orange: And NextEra Energy Inc (Symbol: NEE) options are showing a volume of 9,487 contracts thus far today. That number of contracts represents approximately 948,700 underlying shares, working out to a sizeable 45.7% of NEE's average daily trading volume over the past month, of 2.1 million shares. Particularly high volume was seen for the $200 strike call option expiring January 21, 2022, with 2,471 contracts trading so far today, representing approximately 247,100 underlying shares of NEE. Below is a chart showing NEE's trailing twelve month trading history, with the $200 strike highlighted in orange: For the various different available expirations for NCLH options, EXC options, or NEE options, visit StockOptionsChannel.com. Sponsored Links 7 Ways To Help Generate Income Once Your Portfolio Reaches $500,000 Fisher Investments Learn More Today's Most Active Call & Put Options of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ex-Dividend Reminder: Exelon, Avista and CenterPoint Energy Looking at the universe of stocks we cover at Dividend Channel, on 2/19/20, Exelon Corp (Symbol: EXC), Avista Corp (Symbol: AVA), and CenterPoint Energy, Inc (Symbol: CNP) will all trade ex-dividend for their respective upcoming dividends. Exelon Corp will pay its quarterly dividend of $0.3825 on 3/10/20, Avista Corp will pay its quarterly dividend of $0.405 on 3/13/20, and CenterPoint Energy, Inc will pay its quarterly dividend of $0.29 on 3/12/20. As a percentage of EXC's recent stock price of $49.67, this dividend works out to approximately 0.77%, so look for shares of Exelon Corp to trade 0.77% lower \u2014 all else being equal \u2014 when EXC shares open for trading on 2/19/20. Similarly, investors should look for AVA to open 0.78% lower in price and for CNP to open 1.07% lower, all else being equal. Below are dividend history charts for EXC, AVA, and CNP, showing historical dividends prior to the most recent ones declared. Exelon Corp (Symbol: EXC): Avista Corp (Symbol: AVA): CenterPoint Energy, Inc (Symbol: CNP): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.08% for Exelon Corp, 3.11% for Avista Corp, and 4.28% for CenterPoint Energy, Inc. In Tuesday trading, Exelon Corp shares are currently down about 0.2%, Avista Corp shares are up about 0.1%, and CenterPoint Energy, Inc shares are off about 0.3% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2020-02-19,32.3322,32.4681,32.0499,32.1827,"[""Nasdaq 100 Movers: VRSK, TSLA In early trading on Wednesday, shares of Tesla topped the list of the day's best performing components of the Nasdaq 100 index, trading up 6.4%. Year to date, Tesla registers a 118.3% gain. And the worst performing Nasdaq 100 component thus far on the day is Verisk Analytics, trading down 1.4%. Verisk Analytics is showing a gain of 13.3% looking at the year to date performance. Two other components making moves today are Exelon, trading down 0.9%, and Analog Devices, trading up 5.4% on the day. VIDEO: Nasdaq 100 Movers: VRSK, TSLA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Validea Peter Lynch Strategy Daily Upgrade Report - 2/19/2020 The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. INMODE LTD (INMD) is a small-cap growth stock in the Medical Equipment & Supplies industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Inmode Ltd is an Israel-based company. It designs, develops, manufactures and commercializes energy-based, minimally-invasive surgical aesthetic and medical treatment solutions. The Company's proprietary technologies are used by physicians to remodel subdermal adipose, or fatty, tissue in a variety of procedures including fat reduction with simultaneous skin tightening, face and body contouring and ablative skin rejuvenation treatments. Its products target a wide array of procedures including simultaneous fat killing and skin tightening, permanent hair reduction, skin appearance and texture, among others. The Company's products may be used on a variety of body parts, including the face, neck, abdomen, upper arms, thighs and intimate feminine regions. It owns six product platforms: BodyTite, Optimas, Votiva, Contoura, Triton and EmbraceRF. All are market and sell traditionally to plastic and facial surgeons, aesthetic surgeons and dermatologists, among others. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: NEUTRAL INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here TALLGRASS ENERGY LP (TGE) is a mid-cap growth stock in the Oil Well Services & Equipment industry. The rating according to our strategy based on Peter Lynch changed from 56% to 74% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Tallgrass Energy LP, formerly Tallgrass Energy GP, LP, is a limited partnership company, which includes the operations of Tallgrass Equity, LLC (Tallgrass Equity), Tallgrass MLP GP, LLC, Tallgrass Energy Partners, LP (TEP), and TEP's subsidiaries. TEP owns, operates, acquires and develops midstream energy assets in North America. TEP's segments include Crude Oil Transportation & Logistics, which is engaged in the ownership and operation of a crude oil pipeline system, and crude oil storage and terminaling facilities; Natural Gas Transportation & Logistics, which is engaged in the ownership and operation of interstate natural gas pipelines and integrated natural gas storage facilities; Processing & Logistics, which is engaged in the ownership and operation of natural gas processing, treating and fractionation facilities, and the provision of water business services to the oil and gas exploration and production industry, and Corporate and Other. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: NEUTRAL INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: FAIL FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here NMI HOLDINGS INC (NMIH) is a mid-cap value stock in the Insurance (Prop. & Casualty) industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: NMI Holdings, Inc. (NMIH) provides private mortgage guaranty insurance through its insurance subsidiaries. The Company's primary insurance subsidiary, National Mortgage Insurance Corporation (NMIC), is a mortgage insurance (MI) provider on loans purchased by the Government-sponsored enterprises (GSEs). Its reinsurance subsidiary, National Mortgage Reinsurance Inc One (Re One), provides reinsurance to NMIC on certain loans insured by NMIC. NMIH's subsidiary, NMI Services, Inc. (NMIS), provides outsourced loan review services to mortgage loan originators. Its Primary mortgage insurance provides mortgage default protection on individual loans at specified coverage percentages. Primary insurance may be written on a flow basis, in which loans are insured as loan originations occur in individual, loan-by-loan transactions, or an aggregated basis, in which each loan in a portfolio of loans is individually insured in a single transaction, typically after the loans have been originated. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: NEUTRAL EPS GROWTH RATE: FAIL TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here PBF ENERGY INC (PBF) is a mid-cap value stock in the Oil & Gas Operations industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: PBF Energy Inc. (PBF Energy) is a holding company. The Company is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. The Company operates through two segments: Refining and Logistics. It sells its products throughout the Northeast, Midwest, Gulf Coast and West Coast of the United States, as well as in other regions of the United States and Canada, and ships products to other international destinations. As of December 31, 2016, it owned and operated five domestic oil refineries and related assets. As of December 31, 2016, its refineries had a combined processing capacity, known as throughput, of approximately 900,000 barrels per day (bpd) and a weighted-average Nelson Complexity Index of approximately 12.2. As of December 31, 2016, the Company owned and operated five refineries providing geographic and market diversity. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. INVENTORY TO SALES: PASS YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: PASS For a full detailed analysis using NASDAQ's Guru Analysis tool, click here ORANGE SA (ADR) (ORAN) is a large-cap value stock in the Communications Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Orange SA is a France-based multi-service telecommunications operator. The Company operates seven segments: France, Spain, Europe, Africa & Middle East, Enterprise, International Carriers & Shared Services, Orange Bank. France includes all fixed and mobile communication services to consumers and companies as well as services for carriers. Spain covers fixed line and mobile telephony and fiber. Europe (Poland, Belgium, Luxembourg, Romania, Slovakia and Moldova) provides high-speed fixed and mobile broadband. Africa & Middle East primarily operates in the mobile markets but also provides telephony and fixed Internet services. Enterprise provides digital transformation support. International Carriers & Shared Services includes international carrier and the activities of OCS and Orange Studio in content, among others. Orange Bank provides mobile financial services. Orange SA is the parent company of the Orange group. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: FAIL FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here PREMIER INC (PINC) is a mid-cap value stock in the Medical Equipment & Supplies industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Premier, Inc. is a healthcare improvement company. The Company is uniting an alliance of approximately 4,000 United States hospitals and health systems and approximately 175,000 other providers and organizations to transform healthcare. The Company operates through two reportable business segments: Supply Chain Services and Performance Services. Its Supply Chain Services segment operates healthcare group purchasing organizations (GPO) and direct sourcing activities. The Company's performance Service segment provides integrated data and analytics, software as a service (SaaS) informatic products, consulting services, performance improvement collaborative, government services and insurance management services. The Company plays a role in the healthcare industry, collaborating with members to co-develop long-term innovations that reinvent and improve the way care is delivered to patients nationwide. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. SALES: PASS INVENTORY TO SALES: PASS YIELD COMPARED TO THE S&P 500: FAIL YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here CENOVUS ENERGY INC (CVE) is a large-cap value stock in the Oil & Gas Operations industry. The rating according to our strategy based on Peter Lynch changed from 0% to 93% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Cenovus Energy Inc is a Canada-based integrated oil and natural gas company. The Company's operations, include oil sands projects in northern Alberta and oil production in Alberta and British Columbia. The Company is owner of two projects that are producing oil, Christina Lake and Foster Creek. The oil sands projects use a drilling method called steam-assisted gravity drainage or SAGD for short. The SAGD process uses natural gas to heat water into steam, which helps The Company to extract the oil out of the oil sands. The company also holds interest in two United States refineries, Wood River located in Roxana Illinois and Borger located in Borger Texas. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. INVENTORY TO SALES: PASS YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here PRUDENTIAL FINANCIAL INC (PRU) is a large-cap value stock in the Insurance (Life) industry. The rating according to our strategy based on Peter Lynch changed from 0% to 85% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Prudential Financial, Inc., is a financial services company. The Company, through its subsidiaries, offers a range of financial products and services, which includes life insurance, annuities, retirement-related services, mutual funds and investment management. The Company's operations consists of four divisions, which together encompass seven segments. The U.S. Retirement Solutions and Investment Management division consists of Individual Annuities, Retirement and Asset Management segments. The U.S. Individual Life and Group Insurance division consists of Individual Life and Group Insurance segments. The International Insurance division consists of International Insurance segment. The Closed Block division consists of Closed Block segment. The Company has operations in the United States, Asia, Europe and Latin America. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: FAIL FREE CASH FLOW: BONUS PASS NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here CREDIT SUISSE GROUP AG (ADR) (CS) is a large-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 0% to 81% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Credit Suisse Group AG (Credit Suisse) is a financial services company. The Company's segments include Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, Investment Banking & Capital Markets, Strategic Resolution Unit and Corporate Center. It offers a range of private banking and wealth management solutions to its clients in its Swiss Universal Bank, International Wealth Management and Asia Pacific divisions. It offers a range ofinvestment adviceand discretionary asset management services. It offers a range of investment services, including macroeconomic, equity, bond, commodity and foreign-exchange analysis, as well as research on the economy. Itsinvestment advicecovers a range of services from portfolio consulting to advising on individual investments. The Company offers its clients portfolio and risk management solutions, including managed investment products. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: FAIL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here THE WESTERN UNION COMPANY (WU) is a large-cap value stock in the Business Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: The Western Union Company (Western Union) is a provider of money movement and payment services. The Company operates through two segments: Consumer-to-Consumer and Business Solutions. The Company's Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents. The Company's multi-currency, real-time money transfer services are viewed by the Company as one interconnected network where a money transfer can be sent from one location to another, around the world. Western Union's Business Solutions segment facilitates payment and foreign exchange solutions, primarily cross-border, cross-currency transactions, for small and medium size enterprises and individuals. Business Solutions payment transactions are conducted through various channels, including the phone and via the Internet. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: FAIL FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here EURONET WORLDWIDE, INC. (EEFT) is a mid-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Euronet Worldwide, Inc. is an electronic payments provider. The Company offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers and individual consumers. Its product offerings include automated teller machine (ATM), point-of-sale (POS), card outsourcing, card issuing and merchant acquiring services, electronic distribution of prepaid mobile airtime and other electronic payment products. It operates in three segments: EFT Processing Segment provides electronic payment solutions consisting of ATM cash withdrawal and deposit services, outsourced ATM and POS management solutions, and credit and debit card outsourcing; epay Segment provides electronic distribution and processing of prepaid mobile airtime and other electronic payment products and collection services, and Money Transfer Segment provides global consumer-to-consumer money transfer services and global account-to-account money transfer services. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS For a full detailed analysis using NASDAQ's Guru Analysis tool, click here CARLISLE COMPANIES, INC. (CSL) is a mid-cap growth stock in the Chemicals - Plastics & Rubber industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Carlisle Companies Incorporated is a manufacturing company. The Company designs, manufactures and markets a range of products that serve a range of markets, including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, medical technology, transportation, general industrial, protective coatings, wood, auto refinishing and sanitary maintenance. The Company operates through four segments: Carlisle Construction Materials (Construction Materials); Carlisle Interconnect Technologies (Interconnect Technologies); Carlisle Fluid Technologies (Fluid Technologies); and Carlisle Brake & Friction (Brake & Friction). The Company markets its products as a component supplier to original equipment manufacturers and distributors, among others. The Company also manufactures and offers paint circulating and application finishing fittings and equipments. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here CENTRAL SECURITIES CORP. (CET) is a small-cap value stock in the Misc. Financial Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 93% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Central Securities Corporation is a non-diversified, closed-end management investment company. The Company's investment objective is long-term growth of capital and its approach is based on value investing. The Company invests primarily in common stocks, but it may invest in bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations. The Company, from time to time, invests in securities the resale of which is restricted. The Company invests in various sectors, including insurance, technology hardware and equipment, diversified financial, semiconductor, banks, diversified industrial, healthcare, media, real estate investment trusts, retailing and others. Its short-term investments include investments in the United States Treasury Bills. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: NEUTRAL EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here ARCH CAPITAL GROUP LTD. (ACGL) is a large-cap value stock in the Insurance (Prop. & Casualty) industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Arch Capital Group Ltd. provides insurance, reinsurance and mortgage insurance. The Company provides a range of property, casualty and mortgage insurance and reinsurance lines. The Company operates in five segments: insurance, reinsurance, mortgage, other and corporate. The insurance segment's product lines include construction and national accounts; excess and surplus casualty; lenders products; professional lines; programs; property, energy, marine and aviation; travel, accident and health, and other. The reinsurance segment's product lines include casualty; marine and aviation; other specialty; property catastrophe; property excluding property catastrophe, and other. The mortgage segment includes the results of Arch Mortgage Insurance Company and Arch Mortgage Insurance Designated Activity Company, which are providers of mortgage insurance products and services to the United States and European markets. The other segment includes the results of Watford Holdings Ltd. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here TEREX CORPORATION (TEX) is a small-cap value stock in the Misc. Capital Goods industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Terex Corporation is a manufacturer of lifting and material processing products and services that deliver lifecycle solutions. The Company has two business segments: Aerial Work Platforms (AWP) and Materials Processing (MP). It delivers lifecycle solutions to a broad range of industries, including the construction, infrastructure, manufacturing, shipping, transportation, refining, energy, utility, quarrying and mining industries. The AWP segment designs, manufactures, services and markets aerial work platform equipment, telehandlers, light towers and utility equipment. The MP segment designs, manufactures and markets materials processing and specialty equipment. The Company offers financial products to assist its customers for renting, leasing and acquisition of its products through Terex Financial Services. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. INVENTORY TO SALES: PASS YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: FAIL FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here TRIMBLE INC (TRMB) is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Trimble Inc. is engaged in providing technology solutions that enable professionals and field mobile workers to transform their work processes. The Company's solutions are used across a range of industries, including agriculture, architecture, civil engineering, survey and land administration, construction, geospatial, government, natural resources, transportation and utilities. The Company's business segments include Building and Infrastructure, Geospatial, Resource and utilities and Transportation. The Buildings and Infrastructure segment serves customers working in architecture, engineering, construction and operations and maintenance. The Geospatial segment primarily serves customers working in surveying, engineering, government and land management. The Resources and Utilities segment serves customers working in agriculture, forestry, and utilities. The Transportation segment serves customers working in transportation. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here NU SKIN ENTERPRISES, INC. (NUS) is a small-cap value stock in the Personal & Household Prods. industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Nu Skin Enterprises, Inc. is a direct selling company that develops and distributes personal care products and nutritional supplements, and a range of other products and services. The Company offers anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands. The Nu Skin brand offers a range of products, including ageLOC Me customized skin care system, ageLOC Spa systems and ageLOC Transformation anti-aging skin care system. The Pharmanex product line includes ageLOC Youth nutritional supplement, ageLOC TR90 weight management and body shaping system, and LifePak nutritional supplements. The Company has operations in various geographic regions, including Greater China, North Asia, Americas, South Asia/Pacific, and Europe, the Middle East and Africa (EMEA). It is focused on offering ageLOC Youth nutritional supplement and ageLOC Me personalized skin care system. The Company also offers household products and technology services. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. SALES: PASS INVENTORY TO SALES: PASS YIELD COMPARED TO THE S&P 500: PASS YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here EXELON CORPORATION (EXC) is a large-cap growth stock in the Electric Utilities industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses. It operates through 12 segments: Generation's six segments: Mid-Atlantic, Midwest, New England, New York, ERCOT and Other Power Regions; ComEd; PECO; BGE, and PHI's three utility segments: Pepco, DPL and ACE. Generation's integrated business consists of the generation, physical delivery and marketing of power across geographical regions through its customer-facing business, Constellation, which sells electricity and natural gas to both wholesale and retail customers. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. INVENTORY TO SALES: PASS YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here KONINKLIJKE PHILIPS NV (ADR) (PHG) is a large-cap growth stock in the Medical Equipment & Supplies industry. The rating according to our strategy based on Peter Lynch changed from 72% to 91% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Koninklijke Philips N.V. is the Netherlands-based health technology company. The Company's segments include Personal Health businesses, Diagnosis & Treatment businesses, Connected Care & Health Informatics businesses, HealthTech Other and Legacy Items. The Personal Health businesses segment is engaged in the health continuum, delivering integrated, connected solutions that support healthier lifestyles and those living with chronic disease. The Diagnosis & Treatment businesses segment delivers precision medicine and treatment, and therapy. The Connected Care & Health Informatics businesses segment provides consumers, care givers and clinicians with digital solutions that facilitate care by enabling precision medicine and population health management. The HealthTech Other segment comprises such items, as innovation, emerging businesses, royalties, among others. The Legacy Items segment consists mainly of separation costs, legacy legal items, legacy pension costs, among others. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here SPX CORP (SPXC) is a mid-cap growth stock in the Misc. Capital Goods industry. The rating according to our strategy based on Peter Lynch changed from 69% to 87% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: SPX Corporation is a global supplier of infrastructure equipment. The Company operates through three segments: HVAC; Detection and Measurement, and Engineered Solutions. The HVAC solutions offered by its businesses include package cooling towers, residential and commercial boilers, heating and ventilation products. Its detection and measurement product lines encompass underground pipe and cable locators, and inspection equipment. Within its power platform, it is a manufacturer of medium and large power transformers, as well as equipment for various types of power plant, including cooling equipment, heat exchangers and pollution control systems. As of February 21, 2018, the Company had operations in 15 countries. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here AGNICO EAGLE MINES LTD (USA) (AEM) is a large-cap growth stock in the Gold & Silver industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Agnico Eagle Mines Limited (Agnico Eagle) is an international gold producer with operating mines in Canada, Finland and Mexico and exploration and development activities in each of these countries as well as in the United States and Sweden. The Company operates through three business units: Northern Business, Southern Business and Exploration. Northern Business is comprised of the Company's operations in Canada and Finland. The Company's Canadian properties include the LaRonde Complex, the Goldex mine, the Meadowbank Complex and the Meliadine mine. The Company's Southern Business is comprised of the Company's operations in Mexico. The Company's Exploration group focuses primarily on the identification and evaluation of new mineral reserves and mineral resources and new development opportunities in gold producing regions. Its exploration activities are concentrated in Canada, the United States, Mexico, Finland and Sweden. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: FAIL TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here BOSTON SCIENTIFIC CORPORATION (BSX) is a large-cap value stock in the Medical Equipment & Supplies industry. The rating according to our strategy based on Peter Lynch changed from 56% to 74% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Boston Scientific Corporation is a developer, manufacturer and marketer of medical devices that are used in a range of interventional medical specialties. The Company offers its products by seven businesses: Interventional Cardiology, Cardiac Rhythm Management, Endoscopy, Peripheral Interventions, Urology and Pelvic Health, Neuromodulation, and Electrophysiology. It operates in three segments: Cardiovascular, Rhythm Management and MedSurg. Its Cardiovascular segment consists of Interventional Cardiology and Peripheral Interventions businesses. Rhythm Management consists of Cardiac Rhythm Management and Electrophysiology businesses. MedSurg consists of Endoscopy, Urology and Pelvic Health, and Neuromodulation businesses. Its Interventional Cardiology product offerings include balloon catheters, rotational atherectomy systems, guide wires, guide catheters and embolic protection devices and diagnostic catheters used in percutaneous transluminal coronary angioplasty (PTCA) procedures. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: FAIL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here CADENCE DESIGN SYSTEMS INC (CDNS) is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Cadence Design Systems, Inc. provides solutions that enable its customers to design electronic products. The Company's product categories include Functional Verification, Digital integrated circuits (IC) Design and Signoff, Custom IC Design and Verification, System Interconnect and Analysis, and intellectual property (IP). Functional verification products are used to verify that the circuitry or the software designed will perform as intended. Digital IC design offerings are used to create representations of a digital circuit or an IC that can be verified for correctness prior to implementation. Custom IC design and verification offerings are used to create schematic and physical representations of circuits down to the transistor level for analog and memory designs. System Interconnect and Analysis offerings are used to develop printed circuit boards and IC packages. Design IP offerings consist of functional blocks, which customers integrate into their ICs for the development process. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: FAIL TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here PFIZER INC. (PFE) is a large-cap value stock in the Biotechnology & Drugs industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Pfizer Inc. (Pfizer) is a research-based global biopharmaceutical company. The Company is engaged in the discovery, development and manufacture of healthcare products. Its global portfolio includes medicines and vaccines. The Company manages its commercial operations through two business segments: Pfizer Innovative Health (IH) and Pfizer Essential Health (EH). IH focuses on developing and commercializing medicines and vaccines. IH therapeutic areas include internal medicine, vaccines, oncology, inflammation and immunology, rare diseases and consumer healthcare. EH includes legacy brands, branded generics, generic sterile injectable products, biosimilars and infusion systems. EH also includes a research and development (R&D) organization, as well as its contract manufacturing business. Its brands include Prevnar 13, Xeljanz, Eliquis, Lipitor, Celebrex, Pristiq and Viagra. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: FAIL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here ALLSTATE CORP (ALL) is a large-cap value stock in the Insurance (Prop. & Casualty) industry. The rating according to our strategy based on Peter Lynch changed from 0% to 93% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: The Allstate Corporation (Allstate) is a holding company for Allstate Insurance Company. The Company's business is conducted principally through Allstate Insurance Company, Allstate Life Insurance Company and other subsidiaries. It is engaged in the property-liability insurance business and the life insurance, retirement and investment products business. Its segments include Allstate Protection, Allstate Financial, Discontinued Lines and Coverages, and Corporate and Other. The Allstate Protection segment sells private passenger auto, homeowners, and other property-liability insurance products through agencies and directly through contact centers and the Internet. The Allstate Financial segment sells life insurance and voluntary accident and health insurance products. The Corporate and Other segment consists of holding company activities and certain non-insurance operations. Its Discontinued Lines and Coverages segment includes results from property-liability insurance coverage. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS For a full detailed analysis using NASDAQ's Guru Analysis tool, click here LOEWS CORPORATION (L) is a large-cap growth stock in the Insurance (Prop. & Casualty) industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Loews Corporation is a holding company. The Company, through its subsidiaries, is engaged in commercial property and casualty insurance; operation of offshore oil and gas drilling rigs; transportation and storage of natural gas and natural gas liquids, and operation of a chain of hotels. The Company has five segments consisted of its four individual operating subsidiaries, CNA Financial Corporation (CNA), Diamond Offshore Drilling, Inc. (Diamond Offshore), Boardwalk Pipeline Partners, LP (Boardwalk Pipeline) and Loews Hotels Holding Corporation (Loews Hotels), and the Corporate segment. CNA's insurance products include commercial property and casualty coverages, including surety. CNA's services include risk management, information services, warranty and claims administration. CNA's core business, commercial property and casualty insurance operations include Specialty, Commercial and International lines of business. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here Since its inception, Validea's strategy based on Peter Lynch has returned 416.60% vs. 239.03% for the S&P 500. For more details on this strategy, click here About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. (\""Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it,\"" is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a \""stocks for the everyman/everywoman\"", breaking his approach down into easy-to-understand concepts. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2020-02-20,32.1046,32.3977,32.0674,32.3449,
EXC,2020-02-21,32.3391,32.4719,32.2161,32.2609,
EXC,2020-02-24,32.5276,32.7485,31.664,31.6776,
EXC,2020-02-25,31.6453,31.7127,30.8276,30.9058,
EXC,2020-02-26,31.2692,31.3405,30.5159,30.5296,
EXC,2020-02-27,30.5676,30.5873,29.2761,29.2888,
EXC,2020-02-28,28.771,28.7827,27.4597,27.9718,"[""Exelon (EXC) Shares Enter Oversold Territory In trading on Friday, shares of Exelon Corp (Symbol: EXC) entered into oversold territory, changing hands as low as $42.32 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Exelon Corp, the RSI reading has hit 23.8 \u2014 by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 25.2, the RSI of WTI Crude Oil is at 19.0, the RSI of Henry Hub Natural Gas is presently 26.4, and the 3-2-1 Crack Spread RSI is 41.6. A bullish investor could look at EXC's 23.8 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), EXC's low point in its 52 week range is $42.32 per share, with $51.18 as the 52 week high point \u2014 that compares with a last trade of $42.75. Exelon Corp shares are currently trading down about 5.3% on the day. The EXC RSI information above was sourced from TechnicalAnalysisChannel.com Click here to find out which 9 other oversold energy stocks you need to know about \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Analysts Expect FXU Will Reach $33 Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the First Trust Utilities AlphaDEX Fund ETF (Symbol: FXU), we found that the implied analyst target price for the ETF based upon its underlying holdings is $32.76 per unit. With FXU trading at a recent price near $28.82 per unit, that means that analysts see 13.66% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of FXU's underlying holdings with notable upside to their analyst target prices are Exelon Corp (Symbol: EXC), Sempra Energy (Symbol: SRE), and PPL Corp (Symbol: PPL). Although EXC has traded at a recent price of $45.14/share, the average analyst target is 20.74% higher at $54.50/share. Similarly, SRE has 15.84% upside from the recent share price of $141.42 if the average analyst target price of $163.82/share is reached, and analysts on average are expecting PPL to reach a target price of $35.69/share, which is 15.16% above the recent price of $30.99. Below is a twelve month price history chart comparing the stock performance of EXC, SRE, and PPL: Combined, EXC, SRE, and PPL represent 10.70% of the First Trust Utilities AlphaDEX Fund ETF. Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET First Trust Utilities AlphaDEX Fund ETF FXU $28.82 $32.76 13.66% Exelon Corp EXC $45.14 $54.50 20.74% Sempra Energy SRE $141.42 $163.82 15.84% PPL Corp PPL $30.99 $35.69 15.16% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2020-03-02,28.0245,29.4842,27.8359,29.4783,
EXC,2020-03-03,29.2506,30.2237,28.5745,28.6722,
EXC,2020-03-04,28.9458,30.4094,28.8813,30.3792,
EXC,2020-03-05,29.6854,30.1007,29.3874,29.9327,
EXC,2020-03-06,28.5745,29.4382,28.2639,29.3093,
EXC,2020-03-09,27.8935,28.9458,26.6878,27.1939,
EXC,2020-03-10,27.6933,28.343,26.5267,27.9785,
EXC,2020-03-11,27.3035,27.3035,25.5467,25.831,
EXC,2020-03-12,24.3322,24.8061,22.3371,22.8843,
EXC,2020-03-13,23.4558,24.6547,22.1251,23.5926,
EXC,2020-03-16,21.5232,23.0923,19.3229,19.7968,
EXC,2020-03-17,20.2962,23.5213,19.0894,23.3581,"Utilites sector ETF has best day ever as recession fears rise The SPDR Utilities Select Sector ETF had its best day ever on Tuesday, as the defensive sector benefited from increased fears that an economic recession was inevitable. The utilities sector tracker (XLU) shot up 12.8% to $57.66 to be the best performer among SPDR ETFs tracking the S&P 500's 11 key sectors. The gain surpassed the ETF's previous record gain of 12.1% on Oct. 13, 2008, in the midst of the financial crisis. The ETF started trading in December 1998. Tuesday's gain was in the face of a sharp selloff in Treasury prices (rise in yields), with the yield on the 10-year Treasury note climbing basis 26.9 basis points to 0.997%. Utilities often act as a bond proxy, given their relatively high dividend yields and relatively stable stock prices, resulting from their relatively stable earnings streams. Among the XLU's best performers Tuesday, shares of Southern Co. charged 18.8% higher, Consolidated Edison Inc. ran up 18.0% and Exelon Corp. powered 18.0% higher. The XLU has lost 18.1% over the past month, while the S&P 500 has dropped 25.2%. The XLU's dividend yield is was 3,31% as of Tuesday's closing price, while the implied yield for the S&P 500 was 2.41%, according to FactSet."
EXC,2020-03-18,21.9638,22.5354,20.0635,21.4373,
EXC,2020-03-19,21.4001,22.2814,19.7968,21.0298,
EXC,2020-03-20,21.1979,21.7245,19.9981,20.1153,
EXC,2020-03-23,20.4065,20.7239,18.9986,19.4529,"Exelon Becomes Oversold (EXC) Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Monday, shares of Exelon Corp (Symbol: EXC) entered into oversold territory, hitting an RSI reading of 29.7, after changing hands as low as $29.90 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 29.0. A bullish investor could look at EXC's 29.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of EXC shares: Looking at the chart above, EXC's low point in its 52 week range is $29.42 per share, with $51.18 as the 52 week high point — that compares with a last trade of $29.71. Find out what 9 other oversold stocks you need to know about » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-03-24,20.4124,22.4309,20.3489,22.3918,
EXC,2020-03-25,22.0811,23.5593,21.5418,22.4182,
EXC,2020-03-26,22.4309,24.002,22.2306,23.7421,
EXC,2020-03-27,22.7103,23.9209,22.5022,23.0348,
EXC,2020-03-30,23.1568,24.3205,23.0348,24.1573,"[""Add Up The Parts: QQEW Could Be Worth $78 Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the First Trust NASDAQ-100 Equal Weighted Index Fund ETF (Symbol: QQEW), we found that the implied analyst target price for the ETF based upon its underlying holdings is $78.13 per unit. With QQEW trading at a recent price near $61.13 per unit, that means that analysts see 27.80% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of QQEW's underlying holdings with notable upside to their analyst target prices are NXP Semiconductors NV (Symbol: NXPI), Exelon Corp (Symbol: EXC), and PayPal Holdings Inc (Symbol: PYPL). Although NXPI has traded at a recent price of $81.30/share, the average analyst target is 65.33% higher at $134.42/share. Similarly, EXC has 43.94% upside from the recent share price of $35.50 if the average analyst target price of $51.10/share is reached, and analysts on average are expecting PYPL to reach a target price of $129.44/share, which is 38.47% above the recent price of $93.48. Below is a twelve month price history chart comparing the stock performance of NXPI, EXC, and PYPL: Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET First Trust NASDAQ-100 Equal Weighted Index Fund ETF QQEW $61.13 $78.13 27.80% NXP Semiconductors NV NXPI $81.30 $134.42 65.33% Exelon Corp EXC $35.50 $51.10 43.94% PayPal Holdings Inc PYPL $93.48 $129.44 38.47% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""S&P 500 Dividends Will Fall 25% This Year, Analysts Say S&P 500 dividends will fall by 25% this year as the coronavirus crisis drives companies across many sectors to conserve cash, Goldman Sachs said in note Monday.""]"
EXC,2020-03-31,23.8769,24.6313,23.5076,23.8838,"ComEd Suspends Service Disconnections, Waives Late Fees Amid COVID-19 Pandemic (RTTNews) - ComEd announced the suspension of service disconnections and waiving of new late fees for all customers until at least May 1. The move will help those who may experience a financial strain related to the COVID-19 pandemic. ComEd said it is working with residential customers who had their electric service disconnected for a non-safety issue to try to have their power reconnected. ComEd experts can also discuss donations to support relief organizations across the state serving individuals, families and communities hit hardest by the COVID-19 pandemic. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-04-01,22.8403,23.2164,21.3728,21.7245,"Notable ETF Outflow Detected - IDU, D, AEP, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $138.1 million dollar outflow -- that's a 14.2% decrease week over week (from 7,050,000 to 6,050,000). Among the largest underlying components of IDU, in trading today Dominion Energy Inc (Symbol: D) is down about 4.2%, American Electric Power Co Inc (Symbol: AEP) is off about 3.1%, and Exelon Corp (Symbol: EXC) is lower by about 5.7%. For a complete list of holdings, visit the IDU Holdings page » The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $109.275 per share, with $177.36 as the 52 week high point — that compares with a last trade of $131.59. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-04-02,21.6591,22.898,21.3865,22.5022,"These U.S. stocks fell the most April 1 after Trump turned grim on coronavirus forecast Utility, real estate and financial stocks led the declines as three major indexes drop 4.4% Utility, real estate and financial stocks led the declines as three major indexes drop 4.4%."
EXC,2020-04-03,22.1847,22.3537,21.0161,21.2506,
EXC,2020-04-06,22.1398,23.749,22.1065,23.5663,
EXC,2020-04-07,24.3713,24.5853,23.1324,23.2224,
EXC,2020-04-08,23.2291,24.6126,23.0855,24.3909,"These stocks rose the most Wednesday, as laggards from previous trading sessions bounced back The S&P 500 Index was buoyed by the real estate, energy and utilities sectors The S&P 500 Index was buoyed by the real estate, energy and utilities sectors."
EXC,2020-04-09,24.637,25.8446,24.637,25.4031,
EXC,2020-04-13,25.7411,25.7411,24.1378,24.4945,
EXC,2020-04-14,25.2145,25.3952,24.7279,25.3522,
EXC,2020-04-15,24.767,24.8442,23.8769,24.0264,"The stock market has been on a roller coaster for 2 months — but the S&P 500 is down only 2% over 12 months. Here are the big winners. Tech has climbed 16% In times like these, a longer-term perspective can help."
EXC,2020-04-16,24.1046,24.4104,23.6287,24.0733,
EXC,2020-04-17,24.6703,25.02,24.2707,24.9429,
EXC,2020-04-20,24.4368,24.5589,24.0216,24.0528,
EXC,2020-04-21,23.5799,23.8194,22.853,23.151,"Noteworthy ETF Outflows: VPU, AEP, EXC, SRE Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Utilities ETF (Symbol: VPU) where we have detected an approximate $177.5 million dollar outflow -- that's a 4.4% decrease week over week (from 31,839,744 to 30,446,551). Among the largest underlying components of VPU, in trading today American Electric Power Co Inc (Symbol: AEP) is off about 0.5%, Exelon Corp (Symbol: EXC) is off about 1.9%, and Sempra Energy (Symbol: SRE) is lower by about 1.4%. For a complete list of holdings, visit the VPU Holdings page » The chart below shows the one year price performance of VPU, versus its 200 day moving average: Looking at the chart above, VPU's low point in its 52 week range is $96.09 per share, with $156.43 as the 52 week high point — that compares with a last trade of $126.59. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-04-22,23.7997,24.3977,23.3679,24.1378,
EXC,2020-04-23,24.0146,24.4104,23.3268,23.5663,"Thursday Sector Laggards: Utilities, Financial The worst performing sector as of midday Thursday is the Utilities sector, showing a 1.5% loss. Within that group, Ameren Corp (Symbol: AEE) and Exelon Corp (Symbol: EXC) are two large stocks that are lagging, showing a loss of 3.1% and 2.9%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 1.8% on the day, and down 9.64% year-to-date. Ameren Corp, meanwhile, is down 2.44% year-to-date, and Exelon Corp, is down 19.89% year-to-date. Combined, AEE and EXC make up approximately 7.3% of the underlying holdings of XLU. The next worst performing sector is the Financial sector, showing a 0.7% loss. Among large Financial stocks, Invesco Ltd (Symbol: IVZ) and Apartment Investment & Management Co (Symbol: AIV) are the most notable, showing a loss of 19.1% and 5.2%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF (XLF), which is down 0.4% in midday trading, and down 29.83% on a year-to-date basis. Invesco Ltd, meanwhile, is down 56.95% year-to-date, and Apartment Investment & Management Co, is down 31.42% year-to-date. IVZ makes up approximately 0.2% of the underlying holdings of XLF. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Thursday. As you can see, six sectors are up on the day, while three sectors are down. SECTOR % CHANGE Energy +3.7% Materials +1.2% Services +1.0% Industrial +1.0% Healthcare +0.8% Consumer Products +0.6% Technology & Communications -0.5% Financial -0.7% Utilities -1.5% 10 ETFs With Stocks That Insiders Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-04-24,23.749,23.9434,23.2751,23.749,
EXC,2020-04-27,23.9951,24.6303,23.9033,24.5432,
EXC,2020-04-28,24.7054,25.3211,24.3782,24.5531,
EXC,2020-04-29,25.1431,25.3347,24.6703,24.8647,"[""Daily Dividend Report: MET,ROL,SBUX,NSC,EXC MetLife today announced that its Board of Directors has declared a second quarter 2020 common stock dividend of $0.46 per share, an increase of 4.5 percent from the first quarter common stock dividend of $0.44 per share. The dividend will be payable on June 12, 2020, to shareholders of record as of May 8, 2020. MetLife has increased its common stock quarterly dividend at a 10.7 percent compound annual growth rate since 2011. Rollins, a premier global consumer and commercial services company, announced that the Board of Directors declared a quarterly cash dividend on its common stock of $0.08 per share payable June 10, 2020 to stockholders of record at the close of business on May 11, 2020. The dividend change reflects a reduction for the current period in anticipation of the numerous business-related pandemic uncertainties. The Starbucks Board of Directors declared a cash dividend of $0.41 per share, payable on May 22, 2020, to shareholders of record as of May 8, 2020. Norfolk Southern today announced a regular quarterly dividend of 94 cents per share on its common stock. The dividend is payable June 10 to shareholders of record on May 8. Norfolk Southern has declared a dividend on its common stock for 151 consecutive quarters since its formation in 1982. The Board of Directors of Exelon declared a regular quarterly dividend of $0.3825 per share on Exelon's common stock. The dividend is payable on Wednesday, June 10, 2020, to shareholders of record of Exelon as of 5 p.m. Eastern time on Friday, May 15, 2020. VIDEO: Daily Dividend Report: MET,ROL,SBUX,NSC,EXC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""EXC Added as Top 10 Utility Dividend Stock With 4.04% Yield Exelon Corp (Symbol: EXC) has been named as a Top 10 dividend paying utility stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among utilities, EXC shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent EXC share price of $37.84 represents a price-to-book ratio of 1.1 and an annual dividend yield of 4.04% \u2014 by comparison, the average utility stock in Dividend Channel's coverage universe yields 4.0% and trades at a price-to-book ratio of 2.4. The report also cited the strong quarterly dividend history at Exelon Corp, and favorable long-term multi-year growth rates in key fundamental data points. The report stated, ''Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.'' The annualized dividend paid by Exelon Corp is $1.53/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 05/14/2020. Below is a long-term dividend history chart for EXC, which Dividend Channel stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. The Top 10 DividendRank'ed Utility Stocks \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2020-04-30,24.6233,25.2145,23.7967,24.0597,"Look Under The Hood: IVE Has 12% Upside Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the iShares S&P 500 Value ETF (Symbol: IVE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $121.31 per unit. With IVE trading at a recent price near $108.70 per unit, that means that analysts see 11.61% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of IVE's underlying holdings with notable upside to their analyst target prices are Citizens Financial Group Inc (Symbol: CFG), Exelon Corp (Symbol: EXC), and Tyson Foods Inc (Symbol: TSN). Although CFG has traded at a recent price of $23.33/share, the average analyst target is 32.55% higher at $30.92/share. Similarly, EXC has 28.91% upside from the recent share price of $38.32 if the average analyst target price of $49.40/share is reached, and analysts on average are expecting TSN to reach a target price of $81.57/share, which is 28.86% above the recent price of $63.30. Below is a twelve month price history chart comparing the stock performance of CFG, EXC, and TSN: Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET iShares S&P 500 Value ETF IVE $108.70 $121.31 11.61% Citizens Financial Group Inc CFG $23.33 $30.92 32.55% Exelon Corp EXC $38.32 $49.40 28.91% Tyson Foods Inc TSN $63.30 $81.57 28.86% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-05-01,23.7118,23.9112,23.0288,23.2291,
EXC,2020-05-04,23.236,23.2624,22.6195,23.0015,
EXC,2020-05-05,23.1647,23.6893,23.1451,23.2751,
EXC,2020-05-06,23.3581,23.3991,22.3479,22.3694,
EXC,2020-05-07,22.6332,22.9829,22.5354,22.7357,
EXC,2020-05-08,22.898,24.3205,22.8256,24.2864,"[""Exelon Corp Q1 adjusted earnings Beat Estimates (RTTNews) - Exelon Corp (EXC) reported earnings for first quarter that fell from last year. The company's earnings came in at $582 million, or $0.60 per share. This compares with $907 million, or $0.93 per share, in last year's first quarter. Excluding items, Exelon Corp reported adjusted earnings of $851 million or $0.87 per share for the period. Analysts had expected the company to earn $0.84 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company's revenue for the quarter fell 7.7% to $8.75 billion from $9.48 billion last year. Exelon Corp earnings at a glance: -Earnings (Q1): $851 Mln. vs. $846 Mln. last year. -EPS (Q1): $0.87 vs. $0.87 last year. -Analysts Estimate: $0.84 -Revenue (Q1): $8.75 Bln vs. $9.48 Bln last year. -Guidance: Full year EPS guidance: $2.80 - $3.10 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Q1 20 Earnings Conference Call At 10:00 AM ET (RTTNews) - Exelon Corp. (EXC) will host a conference call at 10:00 AM ET on May 8, 2020, to discuss Q1 20 earnings results. To access the live webcast, log on to https://www.exeloncorp.com/investor-relations/events-and-presentations The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2020-05-11,23.8194,24.4104,23.5145,24.1886,
EXC,2020-05-12,23.9746,24.3713,23.832,23.8975,
EXC,2020-05-13,23.6766,23.8067,22.771,23.151,
EXC,2020-05-14,23.1451,23.8388,22.7377,23.6757,
EXC,2020-05-15,23.3542,23.5419,22.6956,23.1451,
EXC,2020-05-18,23.8203,24.8169,23.6239,24.6195,
EXC,2020-05-19,24.3312,24.4954,24.0557,24.0772,
EXC,2020-05-20,24.1866,24.5746,24.169,24.2473,
EXC,2020-05-21,24.1281,24.3645,23.8671,23.8985,"5 Utilities Stocks That Will Help Pay the Bills InvestorPlace - Stock Market News, Stock Advice & Trading Tips Are you looking for a wild ride or are you looking for consistent income? For a de-risked portfolio and solid dividends, utilities stocks are a time-tested favorite investment option. Along with the dividends, utilities stocks are considered relatively safe because they provide power to homes and businesses. This is considered a necessity that never goes out of style. 7 Sluggish Stocks Hit Hard by Coronavirus This Earnings Season It’s a sound policy to stick to the best companies in any sector. When it comes to utilities companies, five names are well-regarded and have a long history: Duke Energy (NYSE:DUK) Southern (NYSE:SO) Dominion Energy (NYSE:D) Consolidated Edison (NYSE:ED) Excelon (NASDAQ:EXC) Feel free to explore these utilities stocks and see if they deserve a place among your low-volatility holdings. Utilities Stocks to Buy: Duke Energy (DUK) DUK)"" width=""300"" height=""169""> Source: jadimages / Shutterstock.com Like just about every company in the United States, Duke Energy is dealing with the Covid-19 crisis. This particular company seems to be taking the situation in stride, however. Consider Duke’s first-quarter net income, which came out to $899 million. That’s just about exactly in line with the same quarter of the previous year, when Duke’s net income was $900 million. Meanwhile, this year’s first-quarter revenue totaled $5.95 billion, which is not too far below the $6.16 billion reported in the first quarter of the prior year. So, while there is some pressure being felt during the pandemic, it’s not too severe. For the time being, DUK stockholders can ride out the crisis with a decent 4.54% forward annual dividend yield. Southern (SO) SO)"" width=""300"" height=""169""> Source: Shutterstock “Critical infrastructure businesses like ours never take a day off,” observed Thomas A. Fanning, the president and CEO of utilities giant Southern. Fanning’s 100% right about that as Southern is an essential utilities provider for around 8 million customers. Southern remains in good fiscal health, as well. For 2020’s first quarter, the company posted adjusted earnings per share of 78 cents. That’s an eight-cent year-over-year increase as well as 6 cents greater than the company’s estimate. 10 Best High-Growth Stocks to Buy for Young Investors SO stock is a safe bet since it has such a massive presence and is crucial to people’s standard of living. It’s also a dividend achiever with a forward annual yield of 4.78%. All in all, this pick deserves to be on anyone’s top utilities stocks list. Dominion Energy (D) D)"" width=""300"" height=""165""> Source: Riccardo Annandale Via Unsplash If you said that D stock is recession-proof, you’d by exaggerating but only slightly. The shares have held up fairly well during the novel coronavirus crisis. Besides, the 4.77% forward annual dividend yield is a strong incentive to hold the stock. Fiscally, Dominion Energy has held up reasonably well despite the pandemic. For the first quarter of this year, Dominion reported total revenues of $4.5 billion. That’s actually a marked improvement over the revenues of $3.9 billion Dominion generated in the year-ago quarter. With over 7 million customers across 20 U.S. states relying on Dominion for their energy needs, this company’s a mainstay in the utilities sector and D stock is a highly reliable income generator. Consolidated Edison (ED) ED)"" width=""300"" height=""169""> Source: Shutterstock Like to invest in companies that have been around for a while? If so, take a look at Consolidated Edison, which was founded way back in 1884. If you happen to reside in New York or New Jersey, there’s a fair chance that your electricity service is provided by this esteemed company. Has “Con Ed” been able to weather the Covid storm? The answer would be yes as the company’s adjusted earnings for the first quarter totaled $451 million. That’s $1.35 per share and it beats the $448 million, or $1.39 per share, generated during the same quarter of last year. Missing copy for url #1. Please edit. Url #1 is an external link. Please edit. Plus, ED stock features a trailing 12-month price-to-earnings ratio of 18.15 and a forward annual dividend yield of 4.32%. Those are nice stats and this stock should perform well even in these challenging times. Excelon (EXC) EXC)"" width=""300"" height=""169""> Source: Shutterstock This one’s a little bit different from the other utilities-sector stocks on this list. Excelon is a relative newcomer, having been incorporated in 1999. Plus, EXC stock is the only name on this list that’s traded on the Nasdaq. So, it could be argued that Excelon is a more “modern” utilities company. Its true strength, however, is that it’s diversified with fossil, nuclear, hydroelectric, wind and solar segments. With 87 cents per share in operating earnings for 2020’s first quarter, Excelon remains on par with its results from the same quarter of last year. Additionally, a trailing 12-month price-to-earnings ratio of 13.79 and a forward annual dividend yield of 4.17% indicate a compelling value with EXC stock. David Moadel has provided compelling content – and crossed the occasional line – on behalf of Crush the Street, Market Realist, TalkMarkets, Finom Group, Benzinga, and (of course) InvestorPlace.com. He also serves as the chief analyst and market researcher for Portfolio Wealth Global and hosts the popular financial YouTube channel Looking at the Markets. As of this writing, David Moadel did not hold a position in any of the aforementioned securities. The post 5 Utilities Stocks That Will Help Pay the Bills appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-05-22,23.8467,24.1866,23.791,24.169,
EXC,2020-05-26,24.7915,25.0113,24.4631,24.6605,
EXC,2020-05-27,25.0533,25.2712,24.5159,24.8823,
EXC,2020-05-28,25.1842,25.3885,24.8227,25.0924,
EXC,2020-05-29,25.1637,25.3425,24.6263,25.1266,
EXC,2020-06-01,25.1324,25.5525,25.0406,25.4733,"Surprising Analyst 12-Month Target For IWX Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the iShares Russell Top 200 Value ETF (Symbol: IWX), we found that the implied analyst target price for the ETF based upon its underlying holdings is $55.40 per unit. With IWX trading at a recent price near $50.00 per unit, that means that analysts see 10.80% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of IWX's underlying holdings with notable upside to their analyst target prices are General Electric Co (Symbol: GE), Exelon Corp (Symbol: EXC), and Comcast Corp (Symbol: CMCSA). Although GE has traded at a recent price of $6.57/share, the average analyst target is 25.37% higher at $8.24/share. Similarly, EXC has 20.07% upside from the recent share price of $38.31 if the average analyst target price of $46.00/share is reached, and analysts on average are expecting CMCSA to reach a target price of $46.89/share, which is 18.40% above the recent price of $39.60. Below is a twelve month price history chart comparing the stock performance of GE, EXC, and CMCSA: Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET iShares Russell Top 200 Value ETF IWX $50.00 $55.40 10.80% General Electric Co GE $6.57 $8.24 25.37% Exelon Corp EXC $38.31 $46.00 20.07% Comcast Corp CMCSA $39.60 $46.89 18.40% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-06-02,25.532,25.6181,25.1608,25.532,"iShares U.S. Utilities ETF Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $67.4 million dollar outflow -- that's a 7.4% decrease week over week (from 6,100,000 to 5,650,000). Among the largest underlying components of IDU, in trading today NextEra Energy Inc (Symbol: NEE) is up about 0.9%, Duke Energy Corp (Symbol: DUK) is trading flat, and Exelon Corp (Symbol: EXC) is relatively unchanged. For a complete list of holdings, visit the IDU Holdings page » The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $109.275 per share, with $177.36 as the 52 week high point — that compares with a last trade of $150.30. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-06-03,25.7548,26.2658,25.6767,26.1749,
EXC,2020-06-04,26.1495,26.1612,25.3356,25.5643,
EXC,2020-06-05,26.1749,27.0006,25.9121,26.4699,
EXC,2020-06-08,26.6752,27.5164,26.4446,27.453,
EXC,2020-06-09,26.9937,27.1118,26.4172,26.5677,
EXC,2020-06-10,26.8432,26.8902,26.0401,26.2335,
EXC,2020-06-11,25.8535,25.9316,24.7377,24.9546,"Exelon (EXC) Shares Cross 4% Yield Mark Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Exelon Corp (Symbol: EXC) were yielding above the 4% mark based on its quarterly dividend (annualized to $1.53), with the stock changing hands as low as $37.73 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF (SPY) back on 12/31/1999 — you would have paid $146.88 per share. Fast forward to 12/31/2012 and each share was worth $142.41 on that date, a decrease of $4.67/share over all those years. But now consider that you collected a whopping $25.98 per share in dividends over the same period, for a positive total return of 23.36%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.6%; so by comparison collecting a yield above 4% would appear considerably attractive if that yield is sustainable. Exelon Corp (Symbol: EXC) is an S&P 500 company, giving it special status as one of the large-cap companies making up the S&P 500 Index. In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Exelon Corp, looking at the history chart for EXC below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 4% annual yield. Click here to find out which 9 other dividend stocks just recently went on sale » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-06-12,25.3621,25.4733,24.5482,24.8628,
EXC,2020-06-15,24.2473,25.2262,23.9913,25.1266,
EXC,2020-06-16,25.7548,26.0713,25.066,25.3083,
EXC,2020-06-17,25.3679,25.4275,24.8706,25.2175,
EXC,2020-06-18,25.0142,25.1021,24.7982,25.0533,
EXC,2020-06-19,25.2565,25.4539,24.5482,24.6146,
EXC,2020-06-22,24.4817,24.8169,24.2991,24.639,
EXC,2020-06-23,24.9155,24.9282,24.3909,24.4299,"Poundland owner Pepco's sale by Steinhoff delayed by coronavirus By James Davey LONDON, June 23 (Reuters) - The boss of Pepco Group, the owner of British discount retailer Poundland, said the coronavirus crisis has delayed the sale of the group by its troubled South African parent company Steinhoff SNHJ.J. Steinhoff, which has been battling the fallout from a 2017 accounting scandal, said last year it was evaluating a range of strategic options for Pepco Group, including a potential public listing, private equity sale or trade sale. ""As far as how that happens and when? I think clearly Covid has thrown things up in the air,"" Pepco Group CEO Andy Bond told Reuters on Tuesday. ""(Steinhoff's exit)..is almost an inevitability, simply because technically Steinhoff is going through a restructuring programme with its creditors and those creditors need cash back,"" he said. But Bond, a former boss of UK supermarket group Asda, said management's current focus was on getting the retailer through the crisis, which caused a 16.3% fall in first-half to end-March pretax profit to 89 million euros ($101 million). ""Right now it's very much a secondary issue for everyone. It's about getting the business back into good health first and foremost,"" he said. Pepco Group, which also owns the PEPCO and Dealz brands in Europe, said revenue rose 9.7% in the six months to March, having been up 14.4% in the five months to end-February before the virus hit. It said revenue had returned to pre-Covid levels with 2,880 of its 2,913 stores trading as of June 21, although like-for-like sales remained negative. It warned it expected revenue to remain below historical norms for the remainder of 2020. ""However, it is likely that consumer demand for discount retailing will increase in a period of prolonged economic uncertainty and we are extremely well placed to take advantage of this trend,"" Bond said. ($1 = 0.8835 euros) (Reporting by James Davey, Editing by Paul Sandle and Ed Osmond) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-06-24,24.1416,24.3782,23.7704,23.9189,
EXC,2020-06-25,23.8535,23.8535,22.9741,23.2301,"[""Thursday's ETF with Unusual Volume: GII The SPDR\u2014 S&P\u2014 Global Infrastructure ETF is seeing unusually high volume in afternoon trading Thursday, with over 618,000 shares traded versus three month average volume of about 37,000. Shares of GII were down about 0.9% on the day. Components of that ETF with the highest volume on Thursday were Exelon, trading down about 3.6% with over 3.5 million shares changing hands so far this session, and Kinder Morgan, trading flat on volume of over 3.2 million shares. Corporacion America Airports is the component faring the best Thursday, higher by about 2.7% on the day. VIDEO: Thursday's ETF with Unusual Volume: GII The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Thursday's ETF Movers: XBI, EMLP In trading on Thursday, the SPDR\u2014 S&P\u2014 Biotech ETF is outperforming other ETFs, up about 1.5% on the day. Components of that ETF showing particular strength include shares of Athersys, up about 26.8% and shares of Inovio Pharmaceuticals, up about 17.5% on the day. And underperforming other ETFs today is the First Trust North American Energy Infrastructure Fund ETF, off about 2.4% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of TC Pipelines, lower by about 3.6%, and shares of Exelon, lower by about 3.6% on the day. VIDEO: Thursday's ETF Movers: XBI, EMLP The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2020-06-26,23.2428,23.3415,22.6195,22.7641,
EXC,2020-06-29,23.0269,23.6112,22.8139,23.6043,
EXC,2020-06-30,23.4118,23.9776,23.3425,23.8007,
EXC,2020-07-01,23.7089,24.5882,23.6365,24.5022,"7 Utilities Stocks to Buy With Reassuring Dividends InvestorPlace - Stock Market News, Stock Advice & Trading Tips With the markets still uncertain, where should you invest? Do you “buy the dip” in hard-hit stocks, hoping they rebound to past highs? Or do you chase the seemingly-endless rally in big tech names right now? Granted, it might feel like you’re stuck between a rock and a hard place. But what if there was an alternative to both these high-potential, but high-risk, areas? I’m talking about utilities stocks. You know, those venerable names that offer dependable dividends and low volatility, but aren’t exactly setting the world on fire appreciation-wise. Sure, you aren’t going to see the 25%, 50%, or even 100% returns of big growth stocks in any of these names. But increasing novel coronavirus case counts could lead to a repeat of the March sell-off. It may be wise to take some risk off the table. That is to say, low-volatility names could be the place to be. But this isn’t just sage advice for those deeply invested in tech or “V-shaped recovery” names. Income investors should consider the many benefits of utilities stocks right now. 9 Florida Stocks to Avoid as Coronavirus Rates Spike As REITs, energy production and other sectors still face uncertainty, fulfill your thirst for yield with high-percent utilities names. Screening across large caps in this sector, these 7 come to mind as opportunities with reassuring dividends: Consolidated Edison (NYSE:ED) Dominion Energy (NYSE:D) Duke Energy (NYSE:DUK) Edison International (NYSE:EIX) Exelon Corporation (NASDAQ:EXC) PPL Corporation (NYSE:PPL) The Southern Company (NYSE:SO) All seven offer dividends of 4% or greater, a strong selling point in a zero-interest rate world. But more importantly, these low-volatility names with stable dividends are a lower risk area to invest, as market turmoil may or may not continue. Utilities Stocks With Reassuring Dividends: Consolidated Edison (ED) Source: Shutterstock This utility, which provides electricity and gas to customers in the New York metropolitan area, hasn’t been immune to the pandemic. Back in May, the company lowered its guidance, after first quarter earnings dipped to $1.13 per share from $1.31 per share the year prior. Yet this short-term earnings hiccup is mostly reflected in the current share price. Pre-pandemic, ED stock changed hands at prices above $90 per share. Today, even after bouncing off the lows set in March, the stock trades for around $71.50 per share. In short, there’s plenty of room for shares to go higher, if things wind up turning around much sooner than what’s currently anticipated. But quick gains aren’t the goal here with Con Ed: it’s the high 4.3% dividend yield that should reassure investors. With a high, but not too high payout ratio (71.6%), and historically modest dividend increases (average of 3.3% over the past five years), expect this venerable name to continue raising its dividend. Especially given the fact that the company has raised it 46 years in a row. Bottom line: consider this slow-and-steady name one of the best utilities stocks to buy as uncertainty persists in the near-term. Dominion Energy (D) Source: ying / Shutterstock.com As InvestorPlace’s David Moadel wrote May 21, this utilities name has held up relatively well during this crisis. Bouncing back from its March sell-off lows, D stock trades around the same place it was before the pandemic hit the United States. That doesn’t mean it’s too late to buy into Dominion Energy. The utility giant, which provides power and gas to customers in Virginia and the Carolinas, remains one of the highest-yielding utility stocks out there, with a forward yield of 4.7%. And shares could move higher, as a low-interest rate environment increases demand for stable dividend stocks by income investors. However, keep in mind the company’s very high dividend payout ratio (86.3%). With so much of the company’s earnings already going towards dividends, there’s a chance the company stops raising its dividend as much as it has in recent years. 9 Florida Stocks to Avoid as Coronavirus Rates Spike But as market uncertainty continues, this is still one of the best lower risk opportunities out there. Consider shares a buy at today’s prices around $80 per share, and a screaming buy if the stock heads lower from here. Utilities Stocks: Duke Energy (DUK) Source: Shutterstock Like its neighbor Dominion, this utility name also provides power in the southeastern United States. And similar to its aforementioned peer, DUK stock sports a fairly high dividend yield (4.8%). Yet Duke Energy remains below its high-water mark set pre-outbreak. Before the crisis, this stock traded above $100 per share. Today? Around $79 per share. So as with Con Ed, this is another dividend play that could bounce back in a quick recovery. But what if we don’t see a quick recovery? Recent coronavirus news doesn’t bode well for the fading “V-shaped recovery” thesis. But with near-term headwinds like the pandemic priced in, this is yet another stable dividend play to buy in case market turmoil continues. With a 73.5% payout ratio, there’s still room to grow the current payout. Sure, the company’s consecutive 9 years of dividend growth isn’t exactly impressive. But with a modest dividend growth rate (3.5% over the past five years), the company can easily raise its payout. Edison International (EIX) Source: Riccardo Annandale Via Unsplash Providing power to Southern California, EIX stock has a lot of fleas, despite a strong dividend yield of 4.7%. As commentators noted back in April, a lack of market growth, along with California wildfire risks, make this a riskier name, especially when compares to the other utilities stocks mentioned in this article. That being said, Edison International may be a worthy buy for income investors. First, the company’s payout ratio of 57.6% is fairly low, considering other utilities have payout ratios above 70%. The company’s dividend growth rate remains strong, with a five-year average growth rate of 10.8%. In other words, if the actual risk winds up being lower than it has been perceived, expect this name to bounce back to its pre-pandemic price levels. Before the crisis, shares traded just above $75 per share. With the stock now changing hands around $55 per share, that’s major potential share price upside in a recovery. 9 Florida Stocks to Avoid as Coronavirus Rates Spike Granted, this may be the riskiest name on this list. But if you are hungry for yield and willing to trade some stability for appreciation potential, keep EIX stock on your shortlist. Utilities Stocks: Exelon Corporation (EXC) Source: Shutterstock Like Con Ed and Edison International, EXC stock is another utility name that has yet to recover from its coronavirus lows. Yet, despite also announcing a guidance cut earlier this year, this is another company to keep an eye on. Why? With a 4.4% dividend yield, low payout ratio of 51.7% and slow but stable dividend growth (3.2% over the past five years), this is another “heads I win, tails I don’t lose as much” opportunity. That is to say, if things recover sooner than expected, shares could bounce back from today’s prices ($34.75 per share) back to prior levels ($50 per share). If markets continue to trade sideways (or lower), much of the downside risk is priced into shares, meaning it can’t fall much further from here. In short, another strong consideration for income investors looking for stability, with the potential for appreciation as well. PPL Corporation (PPL) Source: Shutterstock As I wrote in a recent article, PPL stock is a strong dividend play, sporting a generous yield. In fact, with its forward yield of 6.6%, this is one of the highest-yielding utilities stocks out there. So what’s the reason for the discrepancy? Is there more risk with PPL than the 4%-5% yielding names mentioned above? Yes and no. As I discussed previously, there’s some risk involved with its U.K. operations. The company is U.S.-based, with operations in Pennsylvania and Kentucky. But the operations across the pond make up the largest part of its business. Nevertheless, with shares today ($25 per share) still trading for 30% below its prior price level ($36 per share), risks may be more than priced into the stock. Like with some of the other names mentioned here, you can get paid while you wait for shares to bounce back. If things recover sooner than later, you could see shares bounce 44% from today’s prices. If not? Collect the 6.6% yield and bide your time. And don’t worry too much about the dividend heading lower from here. 9 Florida Stocks to Avoid as Coronavirus Rates Spike With a payout ratio of 68% and 20 years of consecutive dividend growth, today’s high yield isn’t the market telling you something’s wrong with this stock. Simply put, it’s fair to call this a deep value utilities stock. Utilities Stocks: The Southern Company (SO) Source: Shutterstock Last but not least, SO stock is another stable but high-yielding dividend play for your portfolio. Providing electricity and gas in yes, the southern United States, shares today yield more than 5%. Yet with this high yield come some concerns. The company’s current payout ratio is 81.6%, which may mean slow dividend growth going forward. And as our own Louis Navellier wrote last month, The Southern Company has faced hiccups in the past, such as its failed attempt to build the first new nuclear power plant in decades. But with a stable legacy business and the company pursuing opportunities in natural gas and alternative energy, you can’t say future prospects are bleak with this name. Still more than 25% off its pre-pandemic highs, there’s upside potential to boot with this high-yielding stock as well. In short, SO is another strong contender for investors looking for stable dividends and growth opportunities. Thomas Niel, contributor to InvestorPlace, has written single-stock analysis since 2016. As of this writing, Thomas Niel did not hold a position in any of the aforementioned securities. The post 7 Utilities Stocks to Buy With Reassuring Dividends appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-07-02,24.6126,24.9478,24.5062,24.5804,"The Implied Analyst 12-Month Target For EQWL Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Invesco S&P 100 Equal Weight ETF (Symbol: EQWL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $62.98 per unit. With EQWL trading at a recent price near $56.60 per unit, that means that analysts see 11.28% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of EQWL's underlying holdings with notable upside to their analyst target prices are Wells Fargo & Co (Symbol: WFC), Simon Property Group, Inc. (Symbol: SPG), and Exelon Corp (Symbol: EXC). Although WFC has traded at a recent price of $25.09/share, the average analyst target is 36.35% higher at $34.21/share. Similarly, SPG has 31.67% upside from the recent share price of $69.81 if the average analyst target price of $91.92/share is reached, and analysts on average are expecting EXC to reach a target price of $46.64/share, which is 24.83% above the recent price of $37.36. Below is a twelve month price history chart comparing the stock performance of WFC, SPG, and EXC: Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET Invesco S&P 100 Equal Weight ETF EQWL $56.60 $62.98 11.28% Wells Fargo & Co WFC $25.09 $34.21 36.35% Simon Property Group, Inc. SPG $69.81 $91.92 31.67% Exelon Corp EXC $37.36 $46.64 24.83% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-07-06,24.7788,25.0142,24.2854,24.5286,
EXC,2020-07-07,24.215,24.3195,23.9482,24.2658,
EXC,2020-07-08,24.2892,24.4406,23.9512,24.3645,
EXC,2020-07-09,24.2081,24.2854,23.5379,24.0176,
EXC,2020-07-10,24.084,24.6077,23.9462,24.5228,
EXC,2020-07-13,24.4954,24.7455,24.3312,24.5746,
EXC,2020-07-14,24.4104,24.9672,24.4104,24.8364,
EXC,2020-07-15,24.9946,25.3083,24.8628,24.9546,
EXC,2020-07-16,24.9809,25.1911,24.8052,24.9605,
EXC,2020-07-17,25.3493,25.9189,25.1842,25.8369,"[""Nasdaq 100 Movers: NFLX, EXC In early trading on Friday, shares of Exelon topped the list of the day's best performing components of the Nasdaq 100 index, trading up 2.1%. Year to date, Exelon has lost about 14.8% of its value. And the worst performing Nasdaq 100 component thus far on the day is Netflix, trading down 6.8%. Netflix is showing a gain of 51.9% looking at the year to date performance. Two other components making moves today are Marriott International, trading down 2.4%, and Align Technology, trading up 1.8% on the day. VIDEO: Nasdaq 100 Movers: NFLX, EXC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon's ComEd Unit To Pay $200 Mln To Settle Bribery Probe (RTTNews) - Commonwealth Edison Co. or ComEd, a subsidiary of Exelon Corp. (EXC), has agreed to pay $200 million to settle a federal criminal investigation into a years-long bribery scheme, the U.S. Attorney's Office in Chicago said in a statement on Friday. ComEd admitted that its efforts to influence and reward the high-level elected official began in or around 2011 and continued through in or around 2019. The company also admitted that it arranged for jobs and vendor subcontracts for Public Official A's political allies and workers even in instances where those people performed little or no work that they were purportedly hired by ComEd to perform. The U.S. Attorney's Office today filed a one-count criminal information in U.S. District Court in Chicago charging ComEd with bribery. As per the agreement, the government will defer prosecution on the charge for three years and then seek to dismiss it if ComEd abides by certain conditions, including continuing to cooperate with ongoing investigations of individuals or other entities related to the conduct described in the bribery charge. As part of its remediation, Exelon implemented four new mandatory policies that apply to employees who interact with public officials. The policies also prohibit subcontracting of third-party lobbyists and political consultants, and hiring of such firms includes oversight from the company's ethics and compliance team, led by David Glockner, Exelon's executive vice president of Compliance and Audit. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2020-07-20,25.6298,25.7421,24.9986,25.1324,
EXC,2020-07-21,25.2223,25.5252,25.0142,25.4002,"ESGU, AXP, MDT, EXC: Large Inflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares ESG MSCI USA ETF (Symbol: ESGU) where we have detected an approximate $258.0 million dollar inflow -- that's a 3.4% increase week over week in outstanding units (from 101,600,000 to 105,100,000). Among the largest underlying components of ESGU, in trading today American Express Co. (Symbol: AXP) is up about 1.3%, Medtronic PLC (Symbol: MDT) is up about 1.6%, and Exelon Corp (Symbol: EXC) is up by about 0.8%. For a complete list of holdings, visit the ESGU Holdings page » The chart below shows the one year price performance of ESGU, versus its 200 day moving average: Looking at the chart above, ESGU's low point in its 52 week range is $49.12 per share, with $75.72 as the 52 week high point — that compares with a last trade of $73.98. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-07-22,25.0836,25.5984,24.8119,25.5682,
EXC,2020-07-23,25.6111,25.7754,25.1978,25.3425,
EXC,2020-07-24,25.237,25.532,24.598,24.7915,
EXC,2020-07-27,24.811,24.9223,24.2911,24.6468,
EXC,2020-07-28,24.5804,25.3083,24.5355,24.9028,
EXC,2020-07-29,24.9351,25.2956,24.7915,25.2897,
EXC,2020-07-30,24.9546,25.2467,24.6323,25.2302,
EXC,2020-07-31,25.1266,25.3356,24.8891,25.3211,
EXC,2020-08-03,25.1705,25.2175,24.7251,24.9155,"Pre-Market Earnings Report for August 4, 2020 : FIS, EXC, EMR, WEC, ZBH, TDG, INCY, AME, KKR, BP, VMC, EXPD The following companies are expected to report earnings prior to market open on 08/04/2020. Visit our Earnings Calendar for a full list of expected earnings releases. Fidelity National Information Services, Inc. (FIS) is reporting for the quarter ending June 30, 2020. The financial transactions company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.08. This value represents a 39.33% decrease compared to the same quarter last year. In the past year FIS has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2020 Price to Earnings ratio for FIS is 27.09 vs. an industry ratio of 42.90. Exelon Corporation (EXC) is reporting for the quarter ending June 30, 2020. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.42. This value represents a 30.00% decrease compared to the same quarter last year. EXC missed the consensus earnings per share in the 2nd calendar quarter of 2019 by -4.76%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for EXC is 13.09 vs. an industry ratio of 18.10. Emerson Electric Company (EMR) is reporting for the quarter ending June 30, 2020. The machinery company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.61. This value represents a 35.11% decrease compared to the same quarter last year. In the past year EMR has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2020 Price to Earnings ratio for EMR is 20.26 vs. an industry ratio of 15.90, implying that they will have a higher earnings growth than their competitors in the same industry. WEC Energy Group, Inc. (WEC) is reporting for the quarter ending June 30, 2020. The electric power utilities company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.69. This value represents a 6.76% decrease compared to the same quarter last year. In the past year WEC has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 8.33%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for WEC is 25.40 vs. an industry ratio of 18.10, implying that they will have a higher earnings growth than their competitors in the same industry. Zimmer Biomet Holdings, Inc. (ZBH) is reporting for the quarter ending June 30, 2020. The medical products company's consensus earnings per share forecast from the 13 analysts that follow the stock is $-0.72. This value represents a 137.31% decrease compared to the same quarter last year. In the past year ZBH has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 22.3%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for ZBH is 35.30 vs. an industry ratio of 30.00, implying that they will have a higher earnings growth than their competitors in the same industry. Transdigm Group Incorporated (TDG) is reporting for the quarter ending June 30, 2020. The aerospace and defense company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.84. This value represents a 81.86% decrease compared to the same quarter last year. In the past year TDG has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 30.79%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for TDG is 37.99 vs. an industry ratio of 71.30. Incyte Corporation (INCY) is reporting for the quarter ending June 30, 2020. The biomedical (gene) company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.68. This value represents a 21.43% increase compared to the same quarter last year. The last two quarters INCY had negative earnings surprises; the latest report they missed by -1083.87%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for INCY is -83.69 vs. an industry ratio of -12.10. AMTEK, Inc. (AME) is reporting for the quarter ending June 30, 2020. The electrical test equipment company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.72. This value represents a 31.43% decrease compared to the same quarter last year. In the past year AME has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 6.25%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for AME is 26.34 vs. an industry ratio of 43.80. KKR & Co. Inc. (KKR) is reporting for the quarter ending June 30, 2020. The finance/investment management company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.36. This value represents a 7.69% decrease compared to the same quarter last year. In the past year KKR has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2020 Price to Earnings ratio for KKR is 24.39 vs. an industry ratio of 1.70, implying that they will have a higher earnings growth than their competitors in the same industry. BP p.l.c. (BP) is reporting for the quarter ending June 30, 2020. The oil company's consensus earnings per share forecast from the 4 analysts that follow the stock is $-0.99. This value represents a 219.28% decrease compared to the same quarter last year. BP missed the consensus earnings per share in the 1st calendar quarter of 2020 by -14.29%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for BP is -48.98 vs. an industry ratio of 1.90. Vulcan Materials Company (VMC) is reporting for the quarter ending June 30, 2020. The building company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.38. This value represents a 6.76% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2020 Price to Earnings ratio for VMC is 26.63 vs. an industry ratio of 98.60. Expeditors International of Washington, Inc. (EXPD) is reporting for the quarter ending June 30, 2020. The transportation services company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.66. This value represents a 25.00% decrease compared to the same quarter last year. In the past year EXPD has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 4.41%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for EXPD is 27.89 vs. an industry ratio of 18.70, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-08-04,24.6323,25.532,24.4885,25.4139,"[""Exelon Q2 20 Earnings Conference Call At 10:00 AM ET (RTTNews) - Exelon Corp. (EXC) will host a conference call at 10:00 AM ET on August 4, 2020, to discuss Q2 20 earnings results. To access the live webcast, log on to https://investors.exeloncorp.com/ The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp (EXC) Q2 2020 Earnings Call Transcript Image source: The Motley Fool. Exelon Corp (NASDAQ: EXC) Q2 2020 Earnings Call Aug 4, 2020, 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Hello, and welcome to Exelon's Second Quarter Earnings Call. My name is Nora, and I will be your events specialist today. [Operator Instructions] Please note that today's webcast is being recorded. [Operator Instructions] If you'd like to view the presentation in a full-screen view, click the Full Screen button by hovering your computer mouse cursor over the PowerPoint screen. Press the Escape key on your keyboard to return to your original view. And finally, should you need technical assistance, as a best practice, we suggest you first refresh your browser. If that does not resolve the issue, please click on the Help option in the upper right-hand corner of the screen for online troubleshooting. It is now my pleasure to turn today's program over to Dan Eggers, Senior Vice President of Corporate Finance. Sir, the floor is yours. Daniel L. Eggers -- Senior Vice President, Corporate Finance Thank you, Nora. Good morning, everyone, and thank you for joining our second quarter 2020earnings conference call Leading the call today are Chris Crane, Exelon's President and Chief Executive Officer; and Joe Nigro, Exelon's Chief Financial Officer. They're joined by other members of Exelon's senior management team who will be available to answer your questions following our prepared remarks. We issued our earnings release this morning along with the presentation, both of which can be found in the Investor Relations section of Exelon's website. The earnings release and other matters, which we discuss during today's call, contain forward-looking statements and estimates that are subject to various risks and uncertainties. Actual results could differ from our forward-looking statements based on factors and assumptions discussed in today's material and comments made during this call. Please refer to today's 8-K and Exelon's other SEC filings for discussions of risk factors and other factors, including uncertainties surrounding the impacts of the COVID-19 pandemic that may cause results to differ from management's projections, forecasts and expectations. Today's presentation also includes references to adjusted operating earnings and other non-GAAP measures. Please refer to the information contained in the appendix of our presentation and our earnings release for reconciliations between the non-GAAP measures and the nearest equivalent GAAP measures. I'll now turn the call over to Chris Crane, Exelon's CEO. Chris M. Crane -- Chief Executive Officer Thanks, Dan, and I appreciate everybody joining the call this morning and spending time with us. Starting off, as you've seen from our releases this morning, the GAAP basis on a GAAP basis, we earned $0.53 per share; on a non-GAAP basis, we earned $0.55 per share. We had a great quarter, outperforming our guidance range of $0.35 to $0.45 per share due to achieving cost savings earlier than planned. Joe will get into it. Our load assumptions came out how we expected, but we've had excellent operations, but also have confronted some serious challenges throughout the quarter. First ComEd reached an agreement with U.S. Attorney's office in Illinois, that concludes includes a three year deferred prosecution agreement and a payment of $200 million, which ends the investigations into ComEd and Exelon. We have taken robust actions to identify and address deficiencies, including enhancing our compliance governance to prevent this type of conduct. We apologize for the past conduct that did not live up to our values. These new policies and oversight will ensure it won't happen again. We're extremely disappointed in the seriousness of the past misconduct, and we know many stakeholders understandably feel the same disappointment. We have you have our commitment that we will take every possible step to earn back the confidence and trust we have lost with others. This will not happen overnight and it will be a formidable task, but we are resolved to get there. Second, the country is addressing the important issues of racial and inequity and social justice, and we are doing so as well. Our employees and communities, our customers are diverse, and we have a critical leadership role in pursuing equity and fairness for all those who are facing ingrained injustice and discrimination. That means living our values both within and outside the walls of our company. Sponsoring job programs in underserved communities is a big focus of ours, developing a larger base of diverse suppliers in our footprint, supporting through philanthropic and volunteerism a wide variety of organizations, pursuing equity and economic development, making it clear what our values are through action and speaking up when we see injustice. Focus our focus on our values of respect, diversity and inclusion can not waiver, and we know Black Lives Matter, all of our diverse communities matter, and we're standing to protect them and help serve them. We've doubled down on our work to support our diverse and underserved customers and communities since we all are impacted by continued inequity, and we must do more. Switching to the COVID issue. COVID-19 continues to impact our communities. We remain focused on safety of our employees, running our operations at the best-in-class levels and supporting our customers and communities, incorporate pandemic-related policies into our management model that keep our employees and our contractors safe, implementing responsible reentry plans that predict are predicting on key milestones that will ensure employees' safety and confidence that they can come back to the workplace. We've created contingency plans to monitor system configuration and allow us for rapid emergency response in storm or normal operations. And providing a deferred payment arrangement for residential and low income customers that are affected by the high rate of unemployment that we're dealing with in the communities that we serve. On the operational highlights. Operations are strong with the pandemic conditions and extreme storms across the territory. In early June, PECO faced its eighth largest storm in history, which brought sustained winds of over 40 miles per hour and gusts of more than 60 miles per hour. 400 customers were out within an hour of the storm beginning, and but we were able to restore 80% of those customers with widespread damage in 36 hours. We had already prepared and drilled new procedures for storm response during the pandemic. 80% of our back office storm rolls are performed now remotely. Within 48 hours, 3,750 contractors and mutual assistance personnel were safely on-site in the PECO region to restore customers and onboard they were onboarded electronically, which we continue to develop the techniques for that. Despite the pandemic and the active storm season, all Utilities are in top quartile for outage duration and outage frequency. Nuclear had its best second quarter capacity factor in more than a decade at 95.4%. Safety we safely completed in this quarter five refueling outages.. There's been eight for the year, and most ahead of schedule while protecting our employees and the contractors. Power dispatch match was 97.4%, and our renewable capture rate was 92.7%. So overall, very, very strong operational performance. We also continue to focus on our environmental stewardship. In July, we released our 2019 corporate sustainability report that shows the accomplishments that we made. Benchmarking air emissions report once again found Exelon as the lowest carbon emission rate of the top 20 investor-owned power producers, nearly five times less than the number 2 producer and the largest producer of carbon-free generation. In 2019, utility energy efficiency programs helped customers save 22.3 million megawatt hours and avoid 8.7 million metric tons of carbon. Exelon Utilities set a goal to electrify 30% of the vehicle fleet by 2025 and 50% by 2030, avoiding more than 65,000 metric tons of carbon from 2020 to 2030. We're committed to deliver affordable 0 emissions power in helping our customers and our community reduce the harmful emissions that there exist in their communities. These efforts are important to transition to a clean energy economy, but they are not enough to address the climate crisis. We continue to advocate for policies at the state and federal levels that will address the challenges. Now I'm going to turn the call over to Joe for the financial update. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Thank you, Chris, and good morning, everyone. Today, I will cover our second quarter results, our quarterly financial updates, including trailing 12-month ROEs at the utilities and our hedge disclosures. Turning to slide nine. We earned $0.53 per share on a GAAP basis and $0.55 per share on a non-GAAP basis, which exceeded our guidance range of $0.35 to $0.45 per share. Exelon Utilities delivered a combined $0.29 per share net of holding company expenses. Utility earnings were modestly higher relative to expectations, driven largely by ComEd formula rate timing and O&M timing, which was partially offset by the record-setting storm in the Philadelphia area, which cost for $0.04 per share to PECO. ExGen outperformed expectations for the second quarter, earning $0.26 per share. The upside was largely driven by lower O&M, where we saw targeted savings for 2020 coming sooner than we originally budgeted. These savings were realized by lower outage cost, lower labor costs, travel and entertainment and training costs being lower as well. On the last call, we introduced we announced $250 million of savings across the organization to help offset the impacts of COVID-19, which we expected would be more weighted to the back half of this year. The organization has been hard at work and is on track to achieve these savings in 2020, with some coming earlier than anticipated, as you can see in our second quarter results. During the quarter, load at the Utility and Constellation was in line with our expectations. For the third quarter, we expect earnings of $0.80 to $0.90 per share, and we are affirming our full year guidance of $2.80 to $3.10 per share. On slide 10, we show our quarter-over-quarter earnings walk. The $0.55 per share in second quarter of this year was $0.05 per share lower than the second quarter of 2019. Exelon Utilities less Holdco earnings were down $0.10 per share compared with last year. The decrease was driven primarily by storm costs at PECO, ComEd formula rate timing and higher bad debt expense, partially offset by favorable weather at PECO. ExGen's earnings were up $0.05 per share compared with last year, benefiting from lower O&M and income taxes. This was partially offset by lower capacity revenue, primarily in PJM, and the impacts of COVID-19 on load and bad debt expense. Turning to Slide 11. Looking at our Utility returns on a consolidated basis, we remain in our consolidated 9% to 10% target range, with a 9.1% trailing 12-month ROE as of the second quarter. Earned ROEs for the Utilities remained above 9%, but dipped from last quarter by 60 basis points. The decline was primarily driven by lower earnings at PECO as a result of the storm June storm, higher bad debt at PECO and PHI and declining treasury yields, which impacted ComEd's ROE. As a reminder, this calculation is backward looking, so as we think about the next couple of quarters, you should expect to see some pressure on ROEs as we roll off the better pre-COVID-19 earnings quarters and carry the burdens of PECO's poor first quarter weather and second quarter storms as well as the impact of lower treasuries on ComEd. These headwinds are captured in our full year guidance, so you should have the financial impact already assumed. Looking further into the future, we remain focused on delivering stronger earned returns at the Utilities and supporting our growth targets. Turning to Slide 12. I since the last call, there were some important developments on the regulatory front. First, regulators in all our jurisdictions have approved COVID-19 recovery mechanisms. Second, BGE was the first utility in Maryland to file a multiyear plan after getting the green light on this approach from the Maryland PSC in February. The filing will support planned capital investments from 2020 to 2023 as well investments made in late 2019 to maintain an increased reliability and benefit customer service for our electric and gas distribution system. The critical infrastructure sector will be a key component to Maryland's economic recovery, and BGE has designed a multiyear energy infrastructure investment and customer relief plan to assist with the economic recovery. BGE will invest more than $5 billion to fund enhancements to the safety, reliability, security, resiliency and environmental attributes of the grid and improve customers' experience. BGE is expected to support more than 26,000 jobs and have at least $15 billion of economic impact over the three year period, which is critical as communities manage through the pandemic recovery. In conjunction with the filing, BGE will provide customer relief and assistance in 2020 to 2023 for limited income customers and small businesses. We expect an order this December. Third, in June, Pepco filed their multiyear plan enhanced proposal in D.C. with the PSC, addressing the impacts of the COVID-19 pandemic and current economic challenges. The enhanced plan would expand and establish a series of customer programs, targeting those that have been hardest hit, including small businesses, nonprofits and our residential customers. The flexibility of the multiyear plan structure provides Pepco the ability to offer these innovative adjustments in response to the pandemic. We expect an order by year-end. Fourth, ComEd's annual formula rate update filing is expected to be decided in December of this year. This filing requests a reduction in delivery rates for the third year in a row and the fifth decrease in 10 years. Since the formula rate has been in place, ComEd's investments in modernizing the grid's reliability, resiliency and clean energy growth have improved reliability by 70% while keeping bills lower than they were nearly a decade ago. And finally, last month, Delmarva and Maryland received a final order for its distribution rate case. The Maryland commission approved the proposed order by the Public Utility Law Judge that recommended an $11.7 million increase in annual electric distribution revenues. Importantly, the order increased Delmarva's allowed ROE by 10 basis points to 9.6%. We believe it is recognition of strong performance and reliability and customer satisfaction. More details on the rate cases can be found on Slides 24 through 30 of the appendix. Turning to Slide 13. We are continuing our robust capital deployment program at the Utilities, investing $1.5 billion during the second quarter. Year-to-date, we have invested $2.9 billion of capital into our Utilities, improving our infrastructure and increasing reliability and resiliency for the benefit of all of our customers. Despite some early challenges from the pandemic, we are on track for the year. Today, I will discuss two projects that are part of these efforts and will bring improved performance to our customers in New Jersey and Pennsylvania. The first project is Atlantic City Electric Moss Mills-Moss Farm transmission line rebuild, which is a $69 million project to rebuild 15 miles of 69 kV transmission lines and poles. This project upgrades a critical transmission line that runs through the entire Northeastern portion of the Atlantic City territory in New Jersey spanning three different counties. Additionally, the Chestnut Neck Substation will be retired and replaced with a modernized mobile-ready substation, allowing for incremental flexibility. The second project is PECO's upland substation project in Philadelphia. The $68 million project includes replacement of an existing 75-year old substation with a new modernized substation and extension of 230 kV transmission lines and new 13 kV feeders into West Philadelphia This project improves infrastructure that serves 10,000 customers in the Overbrook and Bala areas, including hospitals and universities. It will also enable customers to implement solar energy solutions. PECO engaged local diverse companies to participate with project implementation and construction, which provided approximately 250,000 construction hours. On Slide 14, we provide our gross margin update and current hedging strategy at the Generation company. Turning to the table, there is no change in total gross margin in 2020 or 2021 since the last quarter. We executed new business consistent with our plan. In 2020, open gross margin is flat to the first quarter, and we executed $100 million of power new business and $50 million of nonpower new business. In 2021, open gross margin increased by $200 million due to increasing power prices across most regions. This was offset by our hedges and lower capacity revenues in New York and uncleared capacity from the PJM incremental auctions. In 2021, we executed $50 million of power new business and $50 million of nonpower new business. We remain slightly behind our ratable hedging program in 2021 by 4% to 7% when considering cross commodity hedges. On Slide 15, I'll give a brief update on Constellation's business and what we've seen to date on load performance. During the second quarter, commercial and industrial customer load was in line with our expectations. Load was within our down 9% to 15% projected range, although it varied from week to week. Our load forecast for the remainder of the year is unchanged. As we get more information, we are getting a better handle on the impacts from COVID-19, which is helping us to monitor how specific regions, customers and industries are behaving with respect to COVID-19 impacts as they continue to evolve. Additionally, we are working with our large customers to better understand their load impacts and outlook. Even as we evolve to an ever-changing landscape, our focus remains on being strategic partners with our customers and providing clean energy products. We work with our customers by providing proactive analytics and insights on their current loads, tools to manage and optimize in real time and navigate emerging trends such as electrification impacts to their businesses, while also reaching their environmental and sustainability goals. This partnership is key to our success and provides the most stability for our business via high retention rates and consistent margins. Moving on to Slide 16. We are committed to maintaining a strong balance sheet and investment-grade credit ratings. Our consolidated FFO to debt is projected to be 18% for 2020, consistent with last quarter. This reflects the pressures from COVID-19 as discussed in detail last quarter. Looking at ExGen, we are ahead of our debt-to-EBITDA target of 3.0 times. For 2020, we expect to be at 2.5 times and 2.0 times when excluding nonrecourse debt. On the rating front, in July, Fitch affirmed our ratings and S&P took action to downgrade ComEd's issuer credit rating. However, S&P reaffirmed the senior secured and short-term ratings at ComEd, therefore, not impacting our anticipated cost of borrowing. Furthermore, S&P changed the ratings outlook for Exelon Corporate, PECO, Pepco Holdings, ComEd and ExGen to negative from stable. While we were disappointed in these actions, we remain committed to maintaining a strong balance sheet and investment-grade credit ratings. We have successfully executed all of our planned long-term debt financings for the year. The 2020 financing plan was significantly accelerated to take advantage of attractive market conditions and provide ample short-term liquidity, leaving us well positioned for the balance of the year. The issuances in the second quarter were all meaningfully oversubscribed, and we secured record-setting low interest rates at the Utilities. Thank you. I'll now turn the call back to Chris for his closing remarks. Chris M. Crane -- Chief Executive Officer Thanks, Joe, and thanks for the comprehensive report. Finally, turning to Slide 17, I'll close on Exelon's value proposition, which is unchanged. We're focused on growing our utilities, targeting 7.3% rate base growth and a 6% to 8% EPS growth through 2023. We will use the free cash flow as we have done from the Genco to support utility growth, pay down Genco debt and support some of the external dividend. We continue to optimize the value of the Gen business by seeking fair compensation for our 0 emitting generation fleet, closing uneconomic plants and monetizing assets and maximizing their value through the Constellation avenue. We will sustain strong investment-grade credit metrics. We have remained committed to that and will not waiver. And we'll grow our dividend at this point right now annually at 5% through 2020. The strategic underpinning of this value proposition is sound, effective in providing tangible benefits for our stakeholders. Operator, we can now turn the call over for questions. Thank you. Questions and Answers: Operator [Operator Instructions] Your first question comes from the line of Shar Pourreza of Guggenheim Partners. Your line is open. Shahriar Pourreza -- Guggenheim Securities -- Analyst Hey, good morning guys. Just two questions here. First, on financing, as we sort of think about some of the moving pieces, like obviously, the sizable organic growth of the Utilities, minimal headroom from a credit perspective, the CENG buyout, potentially maybe higher uncollectibles, Joe, do you sort of currently envision any kind of potential scenarios, maybe in the next 12 months, that would require you to have to issue equity? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yes. Shar, thank you for the question. And as you know, we've received this question many times over the last few months. As I said in my prepared remarks, we're committed to a strong investment-grade rating, and it's a central tenant to our business and it has been quite frankly for a very long time. We go through a very rigorous planning process, and we disclose the results of that process each year on our fourth quarter call. And under that most recent plan, there is no equity issuance in the plan. Last month, we kicked off that process for our next plan that will take us through the end of this year. And as you can imagine, Shar, there's many variables that go into that process, market prices for power, obviously, treasury rates, our load forecast, our O&M projections, what our capital plans are, funding strategy when you think about debt. And obviously, we still have the FRR out there, and that will be taken into account. What I would say is we don't take any one of those variables in isolation. They obviously all work together to create the basis for our plan. We've been successful in with our strong balance sheet and growing our Utilities, and we've been harvesting the cash flow of ExGen to help do that. We also look at the levers we have, right? We've been pretty successful with our cost cuttings over the last five years, obviously. We've sold some assets. We look at alternative financing arrangements. And the last thing on that list is equity. But in our current plan, there is no need for equity. And as we move through the planning process and that takes us through the end of the year, we'll relay or communicate the outcome of that on our fourth quarter call. Shahriar Pourreza -- Guggenheim Securities -- Analyst Great. And then, Chris, just on a question for you on strategy. I mean, in the past, it felt like you weren't confident if the ExGen business could be spun out without IG rating sufficient scale. With what we're seeing with IPPs eventually going IG, which would certainly alleviate the liquidity requirements, others looking at their own merchant fossil fleet as they de-risk, can you give us any refreshed thoughts on the Genco as a strategic fit within the portfolio over the long term? I guess do you now have some incremental confidence that the Genco business could eventually stand on its own without the support from corporate? I mean a transaction would obviously alleviate balance sheet concerns and in the valuation disconnect, and we've obviously seen a few players looking to simplify kind of their own structures. So whether we're talking about the entire fleet or simply the fossil fuel assets, has your strategic thinking kind of changed over the past, let's say, 12 months? Chris M. Crane -- Chief Executive Officer So it is something that we look at on a regular basis, and we do a deep dive strategic review of the benefits of keeping the two companies bolted or the two lines bolted together versus what are the alternatives. We have enjoyed a period of time of free cash flow from the Genco that has allowed us to have a significant investment into the Utilities for the benefit of the customers over a period of time since our last review. As you can imagine, it's something that we always look at. And I understand the basis of the question with the recent announcements from two other companies on where they have decided to go. But right now, there's work to be done to create the certainty and the value of the cash flows that would be maintained to allow a company to either stand on its own or continue to support the growth of the other side of the business. And so we're in the middle of trying to work through a legislative strategy in Illinois. We're on firm ground in New York. I know there's work going on in New Jersey. We have to look at the value of the assets and what's going on in Maryland and what can be done there legislatively to compensate the assets for their low carbon output. So it's something we look at, and it's something that we think we have been very clear on from the beginning. And it's good to see other IPPs coming along and understanding the value of being investment grade and not having stressed balance sheets with commodity cyclicality like we see. But we think we can improve the value further and the strength further to be able to serve the states and the communities that we serve with good, well-paying jobs, a strong balance sheet. And then we will continue to assess to do the assets stay bolted together through a corporate holding company structure or is it better for all stakeholders involved to have some type of separation of the entities. The one thing I can tell you is there's an annual review on all the nonnuclear assets to see if they propose more value to others than we have projected for ourselves, and that annual review will continue. And as we see assets that could perform better in somebody else's portfolio and we could monetize those assets, we'll do that. There's assets that we'll shut down that aren't carrying their own weight. There are assets in New England that have a finite period of time under the ISO's regulation. And so there is a constant flux in our nonnuclear business that we'll continue to evaluate with our focus on strong balance sheet debt reduction and optimizing what we have on the balance sheet. Shahriar Pourreza -- Guggenheim Securities -- Analyst Terrific. And congrats on good results and tough year. Chris M. Crane -- Chief Executive Officer Thanks. Operator Your next question comes from the line of Steven Fleishman of Wolfe Research. Your line is open. Steven Isaac Fleishman -- Wolfe Research -- Analyst So just the Illinois, I guess, ComEd deferred agreement and fine. Could you just maybe give kind of views on implications that you're seeing for addressing the clean energy law and if any? And then also on future of the rate-making structure. Yes, any [Indecipherable] would be helpful. Chris M. Crane -- Chief Executive Officer Sure. I'm going to let Joe Dominguez jump in on the second half of the question. He's here with us in the room. The first half of the question, does it affect the Exelon Generation's drive for legislation on changing the capacity market. There's an obvious issue that trust has been eroded. Although it's isolated to ComEd, it has effect on all the entities. And so there's been a lot of press reporting and there's been some disappointed stakeholders and is rightfully so. And so our job is to rebuild the trust of those that we serve and make sure that we can show that we have done a fantastic job, and Joe will cover some of this, in the investments that have been made at ComEd and what the rate structure is done for us. It has been totally super beneficial to the consumer. But there's a period of time where we're just going to have to continue outreach conversation and show our commitment to ethical behavior that doesn't compromise our integrity or the trustworthiness of us going forward. So we're still working to engage with stakeholders on a capacity market redesign. It's very critical for us to get it done. As you know, PJM is going to run an auction. And there's a strong sense from our analytic folks that the some of the nuclear units are not going to be picked up in that auction. Some are uneconomic at this point right now and some more may become uneconomic. And our commitment to you has always been if we can't find a way or path to profitability, we'll have to shut them down, which is a sad turn of events that will affect the state's goals on carbon reduction. It will severely affect the communities around the plants and the very high paying, critical jobs that those communities benefit from. So but it's an unfortunate thing. We apologize for what went on. We had a code of conduct that clearly defined the behaviors, but it wasn't enough. And so we've put controls in place to ensure it will never happen again. And we have to work with stakeholders, not only legislative and elected folks, but our customers and our other stakeholders and the communities that we serve to rebuild that trust. One thing I can tell you is this company is committed to doing the right thing for the communities that we serve, not only through philanthropic activities, but also volunteerism. I think you can look at us in all the communities we serve, and we're probably the strongest corporate partner out there, and we're going to continue that. And we know that we're only as good as a company as the communities that we serve. So that's what we've got to get back to. This is the most unfortunate thing to happen, not just because of time, it's because of trust. And it's because of a small amount of individuals making decisions that should not have been done, and it shouldn't have gone undetected. But with that said, we still remain confident that the consumers have been protected, served. And as you heard me say, we have lower rates and high reliability than we did 10 years ago. And so that's because we have a strong regulations a regulatory body that's focused on the same thing that we're focused on, is reliable, affordable, clean energy. With that, I'll let Joe talk about what his thoughts are on rates making and regulatory process. Joseph Dominguez -- Chief Executive Officer of ComEd Thanks, Chris. I think Steve, I think Chris covered a lot of it, just to level set for the folks on the call. The formula rate continues through the end of 2022. So we'll we have some additional time to see what the future looks like, whether it's a continuation of the formula with additional transparency or a return to traditional rate making. As both Chris and Joe talked about, we think the formula has provided enormous benefits to our customers. If you take a look at Page seven on the deck, you see the key metrics, and you see all green for ComEd. But in a certain sense, that almost understates the performance at ComEd. We are not only top quartile in all those dimensions, we're actually top decile in all of those dimensions. And last year at ComEd, we had the best-performing year ever in the history of the company, over 110 years best-performing year. And as I look at the metrics at the close of July, we are tracking 20% better than last year in SAIFI and 11% better in CAIDI. So we've still got a number of months to go, but very, very proud of the team at ComEd and the operational performance. Customer satisfaction is highest it's ever been. We were J.D. Power's number one Midwest utility at the end of 2019. We had never achieved that objective. So I focus on that because for two reasons. One, the transformation that's occurred at ComEd, and it's been recognized here. And second, we always tell you that from an Exelon perspective, and Chris says this virtually every call, that we think of good regulatory and political outcomes as being driven by good operational performance. And I think at ComEd, we can lay claim to perhaps having the best operational performance in the country. So we'll see what that looks like going forward. From comments from the governor's office that we've recently seen, it's clear that, at least from his perspective, the formula was tied to the transformation that's occurred, the investments in smart meters and other devices. And to the extent that there is a renewal or a new methodology that's installed, that's going to have to be related to a new policy objective, and that's tied up in a lot of the clean energy goals. But I guess from my perspective, Steve, whether we continue with the formula or whether we return to traditional rate making, I think the entire team at ComEd believes it's got to be constructive. And one reason we're confident in that is that there's been an evolution in Illinois. As we've been in the formula, Illinois policy for ratemaking has evolved. The state now uses forward-looking test years and the gas utilities have used that. That's been constructive. We're decoupled as a state. We have bad debt and other rider mechanisms that are strong and transparent and better than we were in 2011 when we first went to the formula. But I guess the biggest difference that I would point to is the operational performance between 2011 and now is so much better. If you take the thesis that operational performance drives regulatory results, then in a certain sense, the outcomes we were seeing in 2011 were driven by poor operational performance at ComEd. And today, that's a different story. And so the final point I would make is we've had an eight year history of making the investments in underground cables and poles and including smart devices across our system. Not only the commission has seen that now for eight years. What we'd be continuing, whether it's in a formula rate or traditional rate making, is those programs that have been wildly successful in terms of improving reliability, integrating clean energy, making the system more resilient in the face of climate change and doing all of that stuff and keeping customer bills low. As Chris said, our average bill today or I think Joe said this, is lower than it was 10 years ago. And in part, that's a story about wholesale power prices. But in big measure, it's about energy efficiency at ComEd and the overall efficiency of the organization. So the punchline for me is this, Steve. Regardless of whether we're in formula or not, I think we've got good alignment in terms of the investments we're making in the system. We're going to continue to make those prudent investments going forward, and I think the results are going to be constructive. Steven Isaac Fleishman -- Wolfe Research -- Analyst Great, thank you very much. Operator Your next question comes from Julien Dumoulin-Smith of Bank of America. Your line is open. Julien Patrick Dumoulin -- BofA Merrill Lynch -- Analyst Listen, perhaps just to pick up where we left off on the last question, if I can. Can you speak specifically to the Utility and bending the relationship in terms of the franchise arrangement? I mean maybe that's a Joe question again, but can you provide some context in that process, the back and forth, obviously, in the public? And then at the same time, just to clarify the last response, if you can. In an event in which the formula rates are not extended, it would be conceivable that you go back to a traditional ratemaking contract in which you would benefit or at least you would have available to you those mechanisms you just alluded to, Joe. I just want to make sure we're explicit about that as well. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yes, that's right. Chris is it OK if I go? Chris M. Crane -- Chief Executive Officer Yes, go, please. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yes, sure. So Julien, let me answer the short question that you asked last first. Yes, if we return to traditional rate making, we would intend to file a rate case using a forward-looking test year, and that rate case would likely be filed in the first quarter of 2023. So that's number one. In terms of the franchise agreement, we've been through a process with the city where we've been meeting periodically just about every week, although that got interrupted a bit with COVID. We're making good progress, I thought, on the franchise agreement. Then we have the DPA. And we had a hearing last week with City Council and also some input from the Mayor's office. The Mayor's office indicated that from her perspective, two things need to happen before we could continue the conversation around the franchise agreement. One is we have to deal with the ethics reforms and the compliance mechanisms. And from my perspective, that is assuring the city that the measures we've taken are the appropriate ones and then having reporting requirements and other things with the city so that they understand that we're implementing those and that we're moving forward appropriately. The Mayor has a big ethics agenda, so we're going to embrace that ethics agenda. Here, the hiring of Dave Glockner, which we've talked about before, is quite an important piece. Dave has comes to us with an impeccable reputation. As many of you know, he came out of the U.S. Attorney's office, serving as Chief of the Criminal Division at that office for 11 years. But most importantly, and for folks outside of Northern Illinois, you don't see this, but Dave has an unbelievable reputation within the community. And for folks like the Mayor who have served in the U.S. Attorney's office as a colleague of Dave's, that's quite an important point. But we need to work through ensuring that we have a transparent mechanism of providing regular updates to the city in terms of the adherence to the new protocols that we've adopted. That's one piece of it. The Mayor has also indicated that we need to be committed to the goals of sustainability, to the goals of equitable and affordable energy for all customers in the city. And that's kind of the sweet spot of our strategy around electrification, around clean energy, energy efficiency, the many jobs programs we sponsor. So we look forward to a good conversation on that. There's a tangential issue relating to the franchise agreement that being the issue of the city's takeover or municipalization of the grid here in Chicago. We've spoken about that previously on this call. Commissioner Reynolds, who is leading for the city the negotiations with ComEd, testified at the hearing last week and indicated that the city will have a feasibility study out shortly on the possibility of municipalization. At least he indicated in his testimony that, that would that the view would be that, that would not be feasible. And there's a few big reasons for that. One is it's a $5 billion to $6 billion system and then the separation cost would be another $5 billion. So I think we'll tie together a few of these issues here. We need to assure the city of the reforms I've talked about. We'll have a conversation about the programs around clean energy, electrification, jobs programs, benefits to customers' affordability And then I imagine we'll continue to have this backdrop of municipalization. But if the feasibility study comes out as Commissioner Reynolds indicated, I don't think that's going to necessarily be a pathway. But we have our work to do with the city. I'm confident we will get there. It may take a year or more to hash out. That's something Commissioner Reynolds indicated as well. But the way our franchise agreement works, and I've talked about this previously on this call, is that if it has not continued, it simply rolls over year-to-year on its own terms. It's like a lease in that sense where it just automatically renews year-to-year. So that's probably more than you wanted to hear, Julien, but that's the whole story on the franchise agreement. Julien Patrick Dumoulin -- BofA Merrill Lynch -- Analyst Thank you. I'll leave it there. Operator Our next question comes from Stephen Byrd of Morgan Stanley. Your line is open. Stephen Calder Byrd -- Morgan Stanley -- Analyst Congrats on a good quarter. Just want to follow-up on Shar's question just as you think about your credit outlook. Joe, you gave a very thorough response. I was just thinking through, I guess, your prior plan, which did not include equity, had you hitting the credit stats. And you mentioned in response to the last question, just a variety of things that could impact those credit stats. But I was just wondering at the high level, as you think about the kind of the major puts and takes that as you see it, that can impact your credit stats, I was thinking about, for example, Constellation on one end in terms of the temporarily weak demand. But what are kind of the bigger puts and takes that you're just thinking through as you think about your credit stats since the last time you had the full planning process? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yes. I think there's a number of elements associated with that, right? I mean, obviously, treasuries have an impact at ComEd. They have an impact on our pension and other things, right? You think about market prices, and you mentioned load, that clearly plays into it. We expect mostly to see recovery by the time we get into 2021. There is some minor impacts that we talked about the last quarter. We control things like cost, right? We'll continue to challenge ourselves in that regard. There's other variables, too, right? We just talked about the Illinois legislation, what is the outcome of that. That will have a obviously be a binary impact. How much capital are we putting into our Utilities and what that looks like. And all of those things go into the to the decision-making. Chris talked about on economic assets and actions around those. We've clearly sold assets where we thought the market had higher values on them. We've looked at alternative financings and have used project financing. We did the securitization of the receivables at Constellation. So there's a lot of elements to it, Stephen. Some are kind of decisions we control. Others, we're part of and we're working on, and they build upon themselves. And ultimately, we our dividend, we have to make a recommendation to the Board at the end of this year, and we'll do that and determine how much capital we're putting in across our footprint. And then from there, we'll see what the funding plan looks like. Chris M. Crane -- Chief Executive Officer The one thing that I would add is the uneconomic. We will not run plants and lose free cash flow or earning on assets that are not supporting themselves. It is very unfortunate for the communities that we serve, the employees, but we will not let the balance sheet get further deteriorated by nonprofitable assets, then we will take swift action to resolve that dive in cash flow and earnings. So we're doing everything possible to prevent that, but it's a reality. We've shut two units down in the recent years. We could not see a path to sustainability of those assets in the portfolio. Not the greatest decisions we ever had to make, and we understand the impact that has on the communities that we serve, the environmental goals of the states and the economic impact of the states. But maintaining an investment grade that can support the remaining facilities is our main focus. Stephen Calder Byrd -- Morgan Stanley -- Analyst That's very clear. Separately, just thinking about your cost control, you all have had good success in cost savings. Just thinking about potential benefits beyond the near term of those cost savings, is there any potential, for example, for that to create better customer rate headroom that could result in more capex at the Utilities? How do you think about sort of sustainability of cost savings? And if you're able to sustain some of those savings, sort of what other knock-on benefits you could see? Chris M. Crane -- Chief Executive Officer Well, as you know, on the third quarter call each year, we announce the next round of cost savings. I can tell you there's a significant effort and contingency planning going on within the generating company and the BSC, the Business Services Company. Now on if we maintain the fleet as we have it, how are we going to do it more economically, how are we using technology. Then a significant amount of work in the financial organization, HR, legal, other organizations to look at the world differently. And we'll announce our next round probably in third quarter fourth quarter. I'm looking at Dan to make sure I'm answering right because he's responsible for this, and he's waving his hands at me. So the fourth quarter call. But and we'll have a better picture of the future life of the nuclear fleet by that point. And if we are in the mode of unfortunately retiring plants, you can imagine that we'll have a significant reduction in the BSC overheads that could go back to the benefit of the customers from the modified Massachusetts formula. I wouldn't necessarily say it gives them more headroom to spend capital. We spend capital that is needed capital for reliability and customer service. But it should if the it should benefit the customers and take some of the overhead burden off of the utilities as we continue to refine how we can do work cheaper, better, faster, be very efficient, while serving the communities and the customers. There's one thing we've learned during this pandemic. Our real estate footprint may not have to be as big as it is right now. We are very efficiently working with about 17,000 people working remotely. And there's a group right now that's assessing not only a safe reentry around the 1st of the year for some portion of the workforce that's not on the line and maintaining the system or the plants or backing those individuals up. But we will take a very strong look at all expenses around and footprint around facilities. We've closed the books with the controller's organization, only having a few people come in for a couple of days. And audit has maintained its schedule and it's in-depth audit programs. So we're doing a lot, and we're learning a lot, and I think that's going to translate into more savings as we go forward. But looking at Dan again, I guess I'm not going to be committal on the time. But they're all squirming around me right now I'll we'll be back to you at the end of the year with outlook. Operator I would now like to turn the call back over to Chris Crane. Please go ahead, sir. Your line is open. Chris M. Crane -- Chief Executive Officer Yes. No. Thank you all again for joining the call. I want to thank you for the time. I really want to thank our employees for their commitment and dedication. As you can imagine, onboarding 1,200 and contractors onto a nuclear site with all the site employees on deck, going through testing and screening and answering the questions and still getting stuff done at world-class performance and efficiency, our Utilities maintaining the highest levels of reliability. And right now, we've got 200 folks, 100 ComEd employees and 100 contractors, driving across the country to support our eastern Utilities for outages. So I think they arrived today. And so the willingness and the dedication is fantastic. I hope that you and your families are safe and healthy. And with that, I'll close out the call. Operator Thanks to all our participants for joining us today. This concludes our presentation. You may now disconnect, and have a good day. Duration: 61 minutes Call participants: Daniel L. Eggers -- Senior Vice President, Corporate Finance Chris M. Crane -- Chief Executive Officer Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Joseph Dominguez -- Chief Executive Officer of ComEd Shahriar Pourreza -- Guggenheim Securities -- Analyst Steven Isaac Fleishman -- Wolfe Research -- Analyst Julien Patrick Dumoulin -- BofA Merrill Lynch -- Analyst Stephen Calder Byrd -- Morgan Stanley -- Analyst More EXC analysis All earnings call transcripts {%sfr%} 10 stocks we like better than Exelon When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Exelon wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 2, 2020 This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Look Under The Hood: EQWL Has 10% Upside Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Invesco S&P 100 Equal Weight ETF (Symbol: EQWL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $64.79 per unit. With EQWL trading at a recent price near $58.67 per unit, that means that analysts see 10.43% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of EQWL's underlying holdings with notable upside to their analyst target prices are Chevron Corporation (Symbol: CVX), Exelon Corp (Symbol: EXC), and DuPont de Nemours Inc (Symbol: DD). Although CVX has traded at a recent price of $84.81/share, the average analyst target is 25.30% higher at $106.27/share. Similarly, EXC has 22.52% upside from the recent share price of $37.99 if the average analyst target price of $46.55/share is reached, and analysts on average are expecting DD to reach a target price of $62.77/share, which is 19.65% above the recent price of $52.46. Below is a twelve month price history chart comparing the stock performance of CVX, EXC, and DD: Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET Invesco S&P 100 Equal Weight ETF EQWL $58.67 $64.79 10.43% Chevron Corporation CVX $84.81 $106.27 25.30% Exelon Corp EXC $37.99 $46.55 22.52% DuPont de Nemours Inc DD $52.46 $62.77 19.65% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2020-08-05,25.3738,25.5252,24.6009,24.7377,"BUZZ-U.S. STOCKS ON THE MOVE-Beyond Meat, Square Inc Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: http://tmsnrt.rs/2ggOmBi The Morning News Call newsletter: http://tmsnrt.rs/2fwPLTh U.S. stock futures rose on Wednesday after Disney squeezed out a quarterly profit despite taking a $5-billion charge due to the pandemic, while investors awaited data on private payrolls and the service sector to gauge the country's economic health. .N At 7:00 a.m. ET, Dow e-minis 1YMc1 were up 0.68% at 26,899. S&P 500 e-minis ESc1 were up 0.50% at 3,316.5, while Nasdaq 100 e-minis NQc1 were up 0.26% at 11,114.5. The top three NYSE percentage gainers premarket .PRPG.NQ: ** Valaris Plc , up 43.3% ** Whiting Petroleum Corp , up 23.1% ** Fiverr Internationl Ltd , up 13.2% The top three NYSE percentage losers premarket .PRPL.NQ: ** Vapotherm Inc , down 27.2% ** New Relic Inc , down 18.9% ** Callon Petroleum Co , down 9.4% The top three Nasdaq percentage gainers premarket .PRPG.O: ** Aerpio Pharmaceuticals Inc , up 58.3% ** Marathon Patent Group Inc , up 28.1% ** Us Energy Corp , up 24.4% The top three Nasdaq percentage losers premarket .PRPL.O: ** Alterity Therapeutics Ltd , down 14.2% ** Nikola Corporation , down 12.4% ** SINTX Technologies Inc SINT.O, down 12.2% ** Beyond Meat Inc BYND.O: down 7.9% premarket BUZZ-Street View: Beyond Meat's retail pivot simmers domestic growth hopes ** Square Inc SQ.N: up 10.7% premarket BUZZ-Shares jump after stellar Q2 report (Compiled by Shivani Kumaresan in Bengaluru) ((Shivani.Kumaresan@thomsonreuters.com ; +1 646 223 8780;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-08-06,24.6927,24.8891,24.4954,24.8569,
EXC,2020-08-07,24.8569,25.6151,24.7524,25.532,
EXC,2020-08-10,25.5389,25.7685,24.8891,25.1266,"BUZZ-U.S. STOCKS ON THE MOVE-Eastman Kodak, Trevena, Seres Therapeutics Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: http://tmsnrt.rs/2ggOmBi The Morning News Call newsletter: http://tmsnrt.rs/2fwPLTh The S&P 500 and Dow rose on Monday, as investors rotated into value stocks from heavyweight tech-focused companies while awaiting word on progress in the fiscal support bill for the country's battered economy. .N At 12:59 ET, the Dow Jones Industrial Average .DJI was up 1.00% at 27,708.02. The S&P 500 .SPX was up 0.11% at 3,354.97 and the Nasdaq Composite .IXIC was down 0.37% at 10,970.489. The top three S&P 500 .PG.INX percentage gainers: ** MGM Resorts International , up 13.5% ** Royal Caribbean Cruises Ltd , up 9.9% ** Wynn Resorts Ltd , up 8.9 % The top three S&P 500 .PL.INX percentage losers: ** DexCom Inc , down 4.9% ** Tyler Technologies, Inc , down 4.5% ** Fiserv Inc , down 4.3% The top three NYSE .PG.N percentage gainers: ** Biomx Inc , up 53.2% ** John Hancock Multifactor Materials ETF , up 42.1% ** Seritage Growth Properties , up 18.2% The top three NYSE .PL.N percentage losers: ** Navidea Biopharmaceuticals Inc , down 30.8% ** Eastman Kodak Company , down 27.3% ** Universal Security Instruments Inc , down 11.7% The top three Nasdaq .PG.O percentage gainers: ** Seres Therapeutics, Inc , up 353.3% ** Omeros Corp , up 51.4% ** Adamas Pharmaceuticals Inc , up 36.2% The top three Nasdaq .PL.O percentage losers: ** Scworx Corp , down 44.1% ** Reata Pharmaceuticals Inc , down 33.3% ** Hycroft Mining Holding Equity Warrants , down 32.3% ** Ocugen Inc OCGN.O: up 25.1% BUZZ-Rises on fourth orphan drug status for eye disease therapy ** Canopy Growth Corp CGC.N: up 8.9% BUZZ-Jumps on smaller-than-expected loss ** Nikola Corp NKLA.O: up 18.7% BUZZ-Jumps on new 2,500 EV garbage truck order ** PPL Corp PPL.N: up 5.3% BUZZ-Rises after initiating sale process for UK business ** MGM Resorts International MGM.N: up 13.5% BUZZ-Jumps on IAC stake, online gaming scope ** Virgin Galactic Holdings Inc SPCE.N: up 6.1% BUZZ-Rebounds after Abu Dhabi's Mubadala discloses 7% stake ** NewAge Inc NBEV.O: down 9.6% BUZZ-Falls after Q2 revenue misses estimates ** Chevron Corp CVX.N: up 2.4% ** Exxon Mobil Corp XOM.N: up 1.9% ** Callon Petroleum Co CPE.N: up 5.8% ** Marathon Oil Corp MRO.N: up 3.7% ** Whiting Petroleum Corp WLL.N: up 7.2% ** Cabot Oil & Gas Corp COG.N: up 1.6% ** Occidental Petroleum Corp OXY.N: up 4.1% ** Schlumberger NV SLB.N: up 3.1% ** Halliburton Co HAL.N: up 3.8% BUZZ-Oil stocks gain on positive China data, hopes for U.S. stimulus ** Northern Dynasty Minerals Ltd NAK.N: down 3.5% BUZZ-Falls as Biden opposes Alaska mine project ** Exelon Corp EXC.O: down 1.6% BUZZ-Drops after major explosion in Baltimore ** Radius Health Inc RDUS.O: up 6.2% BUZZ-Rises on better-than-expected Q2 results ** Eastman Kodak Co KODK.N: down 27.3% BUZZ-Plunges as $765 mln U.S. loan put on hold after recent allegations ** Twitter Inc TWTR.N: up 2.2% BUZZ-Jumps on reports co expressed interest in TikTok's U.S. operations ** Simon Property Group Inc SPG.N: up 8.0% BUZZ-Up on report of turning mall space into Amazon distribution centers ** Brookdale Senior Living Inc BKD.N: up 4.3% BUZZ-Jefferies sees higher Q2 costs due to COVID-19 ** Humana Inc HUM.N: up 0.8% BUZZ-Stephens sees strong 2021 growth on Medicare investment strategy ** Trevena Inc TRVN.O: up 27.5% BUZZ-Surges as FDA approves opioid painkiller ** Mallinckrodt Plc MNK.N: up 3.8% BUZZ-Rises as FDA grants priority review for skin therapy ** Seres Therapeutics Inc MCRB.O: up 353.3% BUZZ-Surges as lead drug meets main goal of late-stage study ** Foot Locker Inc FL.N: up 6.0% BUZZ-Soars on surprise rise in same-store sales ** Omeros Corp OMER.O: up 51.4% BUZZ-Jumps on positive data from COVID-19 drug in small study ** Aquestive Therapeutics Inc AQST.O: up 11.3% BUZZ-Up as FDA gives ""fast track"" tag to allergic reaction drug candidate ** Vaxart Inc VXRT.O: up 5.2% BUZZ-Shares up as co plans to advance COVID-19 vaccine into human trials ** Hoth Therapeutics Inc HOTH.O: up 14.3% BUZZ-Up as co gets licensing rights to potential COVID-19 test ** Wynn Resorts Ltd WYNN.O: up 8.9% ** MGM Resorts International MGM.N: up 13.5% ** Melco Resorts & Entertainment Ltd MLCO.O: up 9.2% ** Las Vegas Sands Corp LVS.N: up 8.0% BUZZ-Casino stocks rise as Macau to partially resume tourist visa scheme ** Reata Pharmaceuticals Inc RETA.O: down 33.3% BUZZ-Drops as FDA asks for genetic disorder drug's second trial ** Majesco MJCO.O: up 23.4% BUZZ-Surges after Thoma Bravo raises offer to buy company The 11 major S&P 500 sectors: Communication Services .SPLRCL down 0.40% Consumer Discretionary .SPLRCD up 0.63% Consumer Staples .SPLRCS up 0.22% Energy .SPNY up 2.28% Financial .SPSY up 0.44% Health .SPXHC down 0.37% Industrial .SPLRCI up 1.97% Information Technology .SPLRCT down 0.28% Materials .SPLRCM up 0.67% Real Estate .SPLRCR down 0.04% Utilities .SPLRCU down 0.22% (Compiled by Amal S in Bengaluru) ((Amal.S@thomsonreuters.com; within U.S.+1 646 223 8780; outside U.S. +91 80 6749 3677;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-08-11,25.278,25.4139,24.7377,24.8569,"After 150 days of the COVID-19 pandemic, here are the best- and worst-performing stocks The tech sector is still in the lead, but consumer-discretionary group trails only slightly The tech sector is still in the lead, but consumer-discretionary group trails only slightly."
EXC,2020-08-12,24.9223,25.532,24.8628,25.3885,"Exelon Corporation (EXC) Ex-Dividend Date Scheduled for August 13, 2020 Exelon Corporation (EXC) will begin trading ex-dividend on August 13, 2020. A cash dividend payment of $0.382 per share is scheduled to be paid on September 10, 2020. Shareholders who purchased EXC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that EXC has paid the same dividend. At the current stock price of $37.9, the dividend yield is 4.04%. The previous trading day's last sale of EXC was $37.9, representing a -25.01% decrease from the 52 week high of $50.54 and a 29.44% increase over the 52 week low of $29.28. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation (DUK) and Xcel Energy Inc. (XEL). EXC's current earnings per share, an indicator of a company's profitability, is $2.71. Zacks Investment Research reports EXC's forecasted earnings growth in 2020 as -8.54%, compared to an industry average of -2.8%. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EXC through an Exchange Traded Fund [ETF]? The following ETF(s) have EXC as a top-10 holding: VanEck Vectors Uranium & Nuclear Energy ETF (NLR) John Hancock Multifactor Utilities ETF (JHMU) SPDR Select Sector Fund - Utilities (XLU) First Trust Utilities AlphaDEX Fund (FXU) iShares U.S. Utilities ETF (IDU). The top-performing ETF of this group is NLR with an increase of 26.75% over the last 100 days. It also has the highest percent weighting of EXC at 6.61%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-08-13,25.2819,25.3484,24.9908,25.1294,
EXC,2020-08-14,25.0045,25.1823,24.8706,25.1237,"Wells Fargo: 3 Strong Value Stocks to Buy Now So much is uncertain these days. The coronavirus has came back, but the ‘second wave’ already shows signs of fizzling out. China was in the headlines again recently, as President Trump promised to ban Tik Tok from US access unless it was purchased by a US company. With the November election less than three months away, no one can truly say what the political landscape will look like come year’s end. And to top it off, we don’t even really know how our kids will be going back to school. By remote? In person? It all comes back to the coronavirus. Looking at the clouded landscape from Wells Fargo, head of equity strategy Chris Harvey isn’t worried about the virus or China – he believes those factors are baked into the economic picture by now. He does see risk, however, from the elections and the coming school year: “What we worry about more is the narrative of negative interest rates coming back, the fact that we think that political risk is underpriced, and back to school is going to have a ton of fits and starts, which could play into the economy and the job picture.” On a more immediate note, Harvey sees the markets peaking near their current levels, and then pulling back in the run-up to the elections. Yet, even though Wells Fargo sees markets nearing their upper resistance levels, the firm is still suggesting value stocks to buy. The firm's analysts have been pointing out opportunities in the market, and we’ve pulled the info on them from the TipRanks database. Some of the recent picks are an eclectic bunch from a range of sectors. Let’s find out why they’re so compelling to Wells Fargo. Exelon (EXC) Up first is Exelon, a US electrical utility producer. Exelon is a parent company, with subsidiary utilities providing electrical services in five states plus DC. The company is active in all parts of the electric industry, from power generation to distribution to sales and delivery. Exelon serves some 10 million customers from its 31,000 megawatts of power, generated by a combination of gas, hydroelectric, nuclear, solar, and wind facilities. Entering 2020, Exelon saw earnings rise slightly in Q1, bucking the usual trend of the first ‘corona quarter.’ The second quarter results showed a sequential drop in earnings and revenue, but projections for Q3 show a return to normal levels. The essential nature of Exelon’s business – we need electricity, even during times of virus and lockdowns – shielded the company from the brunt of the recessionary pressures. The fundamental strength of Exelon’s business shows in the dividend. At a time when many companies were cutting or suspending dividends, EXC raised its payment in Q1 and has kept it at the higher level ever since. This is in-line with the company’s pattern of raising dividends in the first quarter of the year. The current payment, at 38.2 cents per share, annualizes to $1.53 and gives a yield of 4%. Neil Kalton, in his coverage of EXC for Wells Fargo, sees the company’s nuclear power developments in Illinois as a net positive, writing, “We continue to believe that the combination of IL’s ambitious clean energy goals combined with the economic importance of the IL nuclear fleet (jobs, property taxes) will prompt legislative action…” Kalton rates the stock Overweight (i.e. Buy) and his $50 price target implies a 32% upside for the coming year. (To watch Kalton’s track record, click here) ""Our Overweight rating reflects our belief that shares do not adequately reflect the value of the nuclear fleet given potential policy support,"" Kalton noted. The analyst consensus rating on EXC is a Moderate Buy, based on 7 Buys, 2 Holds, and a single Sell set in recent weeks. The shares are selling for $37.85; the average price target of $45.44 suggests it has room for 20% growth in the year ahead. (See Exelon stock analysis on TipRanks) Five9 (FIVN) With our next stock, Five9, we enter the cloud computing tech sector. Five9 uses intelligent cloud services to power a scalable contact center platform. It’s an important niche that has grown more important during the corona crisis when so much routine business has moved online. Five9’s stock barely noticed the market collapse and has risen steadily during the economic downturn and subsequent recovery. Shares have more than doubled since the market hit bottom in mid-March. Earnings, while turning negative in 1H20, generally conformed to the company’s historical pattern. Q4 is typically the firm’s strongest of the year, by a wide margin, with EPS falling off sharply in the other three quarter. Recent performance has been consistent with that – and has also beaten expectations. In Q2, the EPS loss was less than forecast. Wells Fargo analyst Michael Turrin is impressed with Five9, both the company’s performance and its path for future prospects. He writes of the latter, “We think the $30Bn contact center software market is being transformed … with Five9 one of the best positioned pure-play cloud vendors standing to benefit. We estimate this market is ~20% cloud today, but our recent industry conversations suggest this number could reach >50% within the next 3-5 years, representing a long runway of new cloud revenue which we think can continue to drive FIVN shares higher over time.” Turrin maintains his Overweight/Buy rating on the stock, and raises his price target to $155. The new target indicates a 30% upside potential. With 10 Buys and 4 Holds on record, Five9 shares get a Moderate Buy from the analyst consensus. The stock’s average price target of $140.69 suggests a 18.5% upside from the current trading price of $118.87. (See Five9 stock analysis on TipRanks) L Brands (LB) Last on our list is a retail company, the owner of Bath and Body Works and Victoria’s Secret. Earlier this year, the company tried to sell of the majority share of VS, planning to keep a 45% stake. The deal fell through in May, after the retail sector had been slammed by three months of the ‘coronavirus recession.’ Earnings were grim in Q1, when net sales fell 37%, but the company’s stock has been rising since the end of May and is now trading above its late February/early March levels. L Brands has managed to outperform the broader markets even as its business fell due to the social lockdown policies. Online sales were bright point, with Bath and Body Work’s Q1 online numbers increasing 85%. The company expects Q2 numbers to return to more normal levels, reflecting the reopening of economy and the (at least partial) lifting of restrictions in most markets. It’s important to note that LB’s earnings show a high degree of seasonal cyclicity, with Q4 – including the holidays – generally outperforming the rest of the year put together. Despite the collapse of the Victoria’s Secret sale, L Brands recently reiterated that it remains committed to separating the lingerie retailer from Bath and Body Works. BBW has long been the more profitable of the company’s two brands. Earlier this year, LB took steps to shore up liquidity for the crisis period, closing an offering of secured senior notes. The offering was in two tranches, the first for $750 million at 6.875% and the second for $500 million at 9.375%. Both are due in 2025; proceeds were used to redeem a previous note issue and to fund general operations. Ike Boruchow reviews this stock for Wells Fargo, and believes that LB is conducting a successful turnaround. He says of the company, “…over the past few years, LB has generated meaningful comp deceleration and margin erosion. However, we believe that the company may be poised for improvements in the upcoming year as they take a more critical eye to their business, and we believe they could see meaningful multiple expansion and numbers moving higher as the company makes progress towards resuming profitability.” Boruchow reiterates his Overweight/Buy rating on LB, and his newly raised price target, $35, implies a robust 33% upside potential for the year. (To watch Boruchow’s track record, click here) L Brands’ Moderate Buy consensus rating is based on 18 reviews, including 9 Buys, 7 Holds, and 2 Sells. The split reflects the headwinds the stock has seen in the past year, and investor caution as a result. Share are selling for $26.40, and recent appreciation has pushed the share value above the average price target of $24.65. (See L Brands stock analysis on TipRanks) To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-08-17,24.8979,24.9839,24.6068,24.7318,"After Hours Most Active for Aug 17, 2020 : QQQ, KHC, EXC, JD, VIAC, MNST The NASDAQ 100 After Hours Indicator is up 2.22 to 11,290.79. The total After hours volume is currently 73,950,174 shares traded. The following are the most active stocks for the after hours session: Invesco QQQ Trust, Series 1 (QQQ) is -0.05 at $275.27, with 2,066,984 shares traded., following a 52-week high recorded in today's regular session. The Kraft Heinz Company (KHC) is unchanged at $35.93, with 1,909,847 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2020. The consensus EPS forecast is $0.55. , following a 52-week high recorded in today's regular session. Exelon Corporation (EXC) is unchanged at $37.34, with 1,768,053 shares traded. EXC's current last sale is 77.79% of the target price of $48. JD.com, Inc. (JD) is +0.1 at $67.08, with 1,674,419 shares traded. Reuters Reports: BUZZ-U.S. STOCKS ON THE MOVE-Interpace Biosciences, Overstock, Unity Biotechnology ViacomCBS Inc. (VIAC) is -0.1855 at $27.04, with 1,557,842 shares traded. As reported in the last short interest update the days to cover for VIAC is 10.46004; this calculation is based on the average trading volume of the stock. Monster Beverage Corporation (MNST) is unchanged at $83.45, with 1,539,457 shares traded. Over the last four weeks they have had 6 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2020. The consensus EPS forecast is $0.63. MNST's current last sale is 100.54% of the target price of $83. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-08-18,24.7836,24.9116,24.4348,24.5531,
EXC,2020-08-19,24.6186,24.7718,24.4348,24.5208,
EXC,2020-08-20,24.639,24.6654,24.0293,24.0489,
EXC,2020-08-21,24.1426,24.2317,23.8251,24.1886,
EXC,2020-08-24,24.3811,24.9976,24.2023,24.9634,
EXC,2020-08-25,25.023,25.0376,24.4075,24.5931,
EXC,2020-08-26,24.514,24.7054,24.2091,24.6898,
EXC,2020-08-27,24.6068,24.8823,24.2951,24.4348,
EXC,2020-08-28,24.4406,24.5462,24.2707,24.5335,
EXC,2020-08-31,24.341,24.7114,24.341,24.4475,
EXC,2020-09-01,24.3088,24.341,23.9248,24.0635,
EXC,2020-09-02,24.3547,25.3211,24.0108,25.1891,"[""Wednesday Sector Leaders: Utilities, Technology & Communications In afternoon trading on Wednesday, Utilities stocks are the best performing sector, higher by 2.5%. Within that group, Exelon Corp (Symbol: EXC) and NextEra Energy Inc (Symbol: NEE) are two of the day's stand-outs, showing a gain of 4.2% and 4.0%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 2.8% on the day, and down 5.35% year-to-date. Exelon Corp, meanwhile, is down 14.48% year-to-date, and NextEra Energy Inc is up 20.70% year-to-date. Combined, EXC and NEE make up approximately 21.1% of the underlying holdings of XLU. The next best performing sector is the Technology & Communications sector, up 1.9%. Among large Technology & Communications stocks, DXC Technology Co (Symbol: DXC) and Twitter Inc (Symbol: TWTR) are the most notable, showing a gain of 8.0% and 5.0%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is up 0.6% in midday trading, and up 38.85% on a year-to-date basis. DXC Technology Co, meanwhile, is down 41.89% year-to-date, and Twitter Inc is up 34.74% year-to-date. DXC makes up approximately 0.1% of the underlying holdings of XLK. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, eight sectors are up on the day, while one sector is down. SECTOR % CHANGE Utilities +2.5% Technology & Communications +1.9% Healthcare +1.7% Consumer Products +1.4% Materials +1.1% Financial +1.0% Industrial +0.9% Services +0.7% Energy -1.0% 10 ETFs With Stocks That Insiders Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Wednesday's ETF with Unusual Volume: QQQE The Direxion NASDAQ-100 Equal Weighted Index Shares ETF is seeing unusually high volume in afternoon trading Wednesday, with over 226,000 shares traded versus three month average volume of about 52,000. Shares of QQQE were up about 0.2% on the day. Components of that ETF with the highest volume on Wednesday were Apple, trading off about 4% with over 120.2 million shares changing hands so far this session, and Tesla, down about 10.4% on volume of over 53.4 million shares. Exelon is the component faring the best Wednesday, higher by about 4.4% on the day. VIDEO: Wednesday's ETF with Unusual Volume: QQQE The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Wednesday's ETF Movers: XLU, SIL In trading on Wednesday, the The Utilities Select Sector SPDR\u2014 Fund ETF is outperforming other ETFs, up about 2.7% on the day. Components of that ETF showing particular strength include shares of Exelon, up about 4.2% and shares of NiSource, up about 3.4% on the day. And underperforming other ETFs today is the Silver Miners ETF, down about 3.1% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of First Majestic Silver, lower by about 7.4%, and shares of Coeur Mining, lower by about 7.2% on the day. VIDEO: Wednesday's ETF Movers: XLU, SIL The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Utilities sector in broad rally as Treasury yields extend declines after downbeat economic data The utilities sector was enjoying a unanimous rally Wednesday, as downbeat jobs data helped push Treasury yields toward a fourth-straight decline. The SPDR Utilities Select Sector ETF surged 3.0% in afternoon trading, enough to make it the strongest of the SPDR ETFs tracking the S&P 500's 11 key sectors. All 28 of the ETF's (XLU) equity components were gaining ground, led by shares of Exelon Corp. , up 4.6%, NiSource Inc. up 4.2% and NextEra Energy Inc. , up 4.0%. Among the XLU's other more-active members, shares of First Energy Corp. rallied 3.1%, PPL Corp. tacked on 3.9% and AES Corp. advanced 1.0%. The utilities sector is often treated at a bond proxy, given its stable earnings and relatively high yield. The XLU's dividend yield is 3.22%, above the implied yield for the S&P 500 of 1.58%. Meanwhile, the yield on the 10-year Treasury note fell 2.3 basis points to 0.649%, and was heading for a fourth-straight decline, after ADP said the private sector added 428,000 new jobs in August, but that was well below expectations of an increase of 1 million jobs. In addition, the Federal Reserve's \""Beige Book\"" indicated that the economy slowed in many parts of the economy.""]"
EXC,2020-09-03,25.196,25.4002,24.4006,24.6987,
EXC,2020-09-04,24.8559,24.9702,24.2677,24.5667,"Analysts See 10% Upside For RWDC Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Direxion MSCI USA Defensives Over Cyclicals ETF ETF (Symbol: RWDC), we found that the implied analyst target price for the ETF based upon its underlying holdings is $53.83 per unit. With RWDC trading at a recent price near $48.95 per unit, that means that analysts see 9.98% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of RWDC's underlying holdings with notable upside to their analyst target prices are Chevron Corporation (Symbol: CVX), Exelon Corp (Symbol: EXC), and NiSource Inc. (Symbol: NI). Although CVX has traded at a recent price of $82.28/share, the average analyst target is 24.75% higher at $102.64/share. Similarly, EXC has 23.36% upside from the recent share price of $37.29 if the average analyst target price of $46.00/share is reached, and analysts on average are expecting NI to reach a target price of $27.62/share, which is 23.22% above the recent price of $22.42. Below is a twelve month price history chart comparing the stock performance of CVX, EXC, and NI: Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET Direxion MSCI USA Defensives Over Cyclicals ETF ETF RWDC $48.95 $53.83 9.98% Chevron Corporation CVX $82.28 $102.64 24.75% Exelon Corp EXC $37.29 $46.00 23.36% NiSource Inc. NI $22.42 $27.62 23.22% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-09-08,24.3547,24.5667,23.8905,24.1222,
EXC,2020-09-09,24.3742,24.5766,24.2023,24.2883,
EXC,2020-09-10,24.2883,24.2883,23.6581,23.7383,
EXC,2020-09-11,23.8437,23.8769,23.5926,23.7323,
EXC,2020-09-14,23.6483,24.17,23.6063,24.0166,
EXC,2020-09-15,24.1222,24.4143,23.8378,23.9532,
EXC,2020-09-16,23.9004,24.3605,23.7851,24.0166,
EXC,2020-09-17,23.8251,23.8437,23.4675,23.7977,
EXC,2020-09-18,23.8184,23.8515,23.0748,23.2291,
EXC,2020-09-21,22.9439,23.0405,22.5267,23.0171,
EXC,2020-09-22,23.1226,23.4363,23.0572,23.322,
EXC,2020-09-23,23.2985,23.4392,22.7856,22.8383,
EXC,2020-09-24,22.725,23.278,22.4964,23.0572,
EXC,2020-09-25,22.9038,23.6063,22.8109,23.5262,
EXC,2020-09-28,23.7255,23.9971,23.6063,23.6717,
EXC,2020-09-29,23.7383,23.8047,23.2819,23.3952,
EXC,2020-09-30,23.6131,23.9179,23.5203,23.6854,
EXC,2020-10-01,23.7851,23.9444,23.5399,23.7323,
EXC,2020-10-02,23.5476,23.9736,23.3278,23.8047,
EXC,2020-10-05,23.8769,24.4348,23.6649,24.3675,
EXC,2020-10-06,24.3088,25.0563,24.3019,24.6186,
EXC,2020-10-07,24.7592,25.1364,24.68,25.0699,
EXC,2020-10-08,24.7963,26.0713,24.7963,26.044,
EXC,2020-10-09,26.8188,26.9048,25.7792,25.9648,
EXC,2020-10-12,25.9717,26.6878,25.8916,26.4808,
EXC,2020-10-13,27.0904,27.236,26.4417,27.1442,Dow Falls After Two Setbacks in Coronavirus Drugs Earnings from JPMorgan and Citigroup haven’t been able to keep the blue-chip benchmark from slipping as both Johnson & Johnson and Eli Lilly drug trials are halted.
EXC,2020-10-14,27.3728,27.6532,27.1442,27.1754,
EXC,2020-10-15,26.7846,27.4734,26.7015,27.4216,
EXC,2020-10-16,27.4216,27.9317,27.2692,27.877,
EXC,2020-10-19,27.7313,28.0068,27.6854,27.7275,
EXC,2020-10-20,27.9581,28.255,27.8457,28.0831,
EXC,2020-10-21,28.0108,28.3283,27.8974,27.9111,
EXC,2020-10-22,27.871,28.0108,27.536,27.9698,
EXC,2020-10-23,28.2032,28.2492,27.7861,27.9511,
EXC,2020-10-26,27.4284,27.6629,27.1822,27.619,
EXC,2020-10-27,27.5672,27.8223,27.2496,27.2565,
EXC,2020-10-28,26.7396,27.0434,26.1124,26.2091,
EXC,2020-10-29,25.9503,26.8687,25.6991,26.6,
EXC,2020-10-30,26.3098,26.6605,26.1359,26.4202,
EXC,2020-11-02,26.8325,27.1402,26.4544,27.1305,"Pre-Market Earnings Report for November 3, 2020 : HUM, ETN, TRI, EXC, EMR, RACE, WEC, JCI, SYY, MCK, W, ZBRA The following companies are expected to report earnings prior to market open on 11/03/2020. Visit our Earnings Calendar for a full list of expected earnings releases. Humana Inc. (HUM) is reporting for the quarter ending September 30, 2020. The hmo company's consensus earnings per share forecast from the 10 analysts that follow the stock is $2.86. This value represents a 43.14% decrease compared to the same quarter last year. In the past year HUM has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 21.47%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for HUM is 20.98 vs. an industry ratio of 27.90. Eaton Corporation, PLC (ETN) is reporting for the quarter ending September 30, 2020. The machinery company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.05. This value represents a 30.92% decrease compared to the same quarter last year. ETN missed the consensus earnings per share in the 4th calendar quarter of 2019 by -2.14%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for ETN is 26.34 vs. an industry ratio of 16.80, implying that they will have a higher earnings growth than their competitors in the same industry. Thomson Reuters Corp (TRI) is reporting for the quarter ending September 30, 2020. The technology services company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.37. This value represents a 37.04% increase compared to the same quarter last year. TRI missed the consensus earnings per share in the 1st calendar quarter of 2020 by -4%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for TRI is 43.49 vs. an industry ratio of -0.70, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation (EXC) is reporting for the quarter ending September 30, 2020. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.87. This value represents a 5.43% decrease compared to the same quarter last year. In the past year EXC has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 30.95%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for EXC is 13.39 vs. an industry ratio of 23.20. Emerson Electric Company (EMR) is reporting for the quarter ending September 30, 2020. The machinery company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.95. This value represents a 11.21% decrease compared to the same quarter last year. In the past year EMR has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2020 Price to Earnings ratio for EMR is 19.57 vs. an industry ratio of 16.80, implying that they will have a higher earnings growth than their competitors in the same industry. Ferrari N.V. (RACE) is reporting for the quarter ending September 30, 2020. The auto (truck) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.88. This value represents a 12.00% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2020 Price to Earnings ratio for RACE is 58.50 vs. an industry ratio of 8.10, implying that they will have a higher earnings growth than their competitors in the same industry. WEC Energy Group, Inc. (WEC) is reporting for the quarter ending September 30, 2020. The electric power utilities company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.76. This value represents a 2.70% increase compared to the same quarter last year. In the past year WEC has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 10.14%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for WEC is 26.81 vs. an industry ratio of 23.20, implying that they will have a higher earnings growth than their competitors in the same industry. Johnson Controls International plc (JCI) is reporting for the quarter ending September 30, 2020. The protection safety company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.73. This value represents a 6.41% decrease compared to the same quarter last year. In the past year JCI has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 34%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for JCI is 19.10 vs. an industry ratio of 9.20, implying that they will have a higher earnings growth than their competitors in the same industry. Sysco Corporation (SYY) is reporting for the quarter ending September 30, 2020. The food company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.20. This value represents a 79.59% decrease compared to the same quarter last year. SYY missed the consensus earnings per share in the 1st calendar quarter of 2020 by -15.09%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for SYY is 31.97 vs. an industry ratio of 38.90. McKesson Corporation (MCK) is reporting for the quarter ending September 30, 2020. The medical/dental supplies company's consensus earnings per share forecast from the 8 analysts that follow the stock is $3.87. This value represents a 7.50% increase compared to the same quarter last year. In the past year MCK has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2021 Price to Earnings ratio for MCK is 9.75 vs. an industry ratio of 48.40. Wayfair Inc. (W) is reporting for the quarter ending September 30, 2020. The internet company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.45. This value represents a 115.31% increase compared to the same quarter last year. Zacks Investment Research reports that the 2020 Price to Earnings ratio for W is 1907.92 vs. an industry ratio of 71.70, implying that they will have a higher earnings growth than their competitors in the same industry. Zebra Technologies Corporation (ZBRA) is reporting for the quarter ending September 30, 2020. The machinery (thermal proc) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $2.61. This value represents a 19.94% decrease compared to the same quarter last year. ZBRA missed the consensus earnings per share in the 4th calendar quarter of 2019 by -4.34%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for ZBRA is 27.38 vs. an industry ratio of 22.70, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-11-03,28.296,28.4739,27.5672,28.131,"[""BUZZ-U.S. STOCKS ON THE MOVE-Health insurers, Alibaba, Fox, Ferrari, Gartner Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: http://tmsnrt.rs/2ggOmBi The Morning News Call newsletter: http://tmsnrt.rs/2fwPLTh Wall Street's main indexes jumped on Tuesday as investors bet that one of the country's most divisive presidential races could end with a clear victory for Democratic nominee Joe Biden and a swift deal on more fiscal stimulus. .N At 12:08 ET, the Dow Jones Industrial Average .DJI was up 2.14% at 27,500.82. The S&P 500 .SPX was up 2.22% at 3,383.62 and the Nasdaq Composite .IXIC was up 2.14% at 11,191.643. The top three S&P 500 .PG.INX percentage gainers: ** Arista Networks ANET.N, up 15.7% ** Gartner IT.N, up 12% ** Catalent CTLT.N, up 8.1% The top three S&P 500 .PL.INX percentage losers: ** Mosaic MOS.N, down 13.7% ** Leggett& Platt LEG.N, down 5.7% ** CF Industries CF.N, down 4.1% The top three NYSE .PG.N percentage gainers: ** Inspire Medical Systems INSP.N, up 23.6% ** Arista Networks ANET.N, up 15.7% ** Bloom Energy BE.N, up 14.5% The top three NYSE .PL.N percentage losers: ** Ambow Education AMBO.N, down 32.9% ** Greenhill GHL.N, down 23.3% ** Intrepid Potash IPI.N, down 17.7% The top three Nasdaq .PG.O percentage gainers: ** Alaska Communications Systems ALSK.O, up 57.6% ** Biolinrx Ltd BLRX.O, up 27.3% ** Jakks Pacific JAKK.O, up 23.8% The top three Nasdaq .PL.O percentage losers: ** Solaredge SEDG.O, down 24.3% ** KBL Merger Corp KBLM.O, down 24% ** KBL Merger Corp. IV. KBLMU.O, down 20.4% ** Alibaba BABA.N: down 6.8% BUZZ-Slumps after China suspends Ant's $37 bln listing ** Fox Corp FOXA.O: down 2.9% BUZZ-Rises after Q1 profit beat ** Designer Brands DBI.N: up 13.8% BUZZ-Rises as Susquehanna upgrades to 'neutral' ** GW Pharma GWPH.O : up 18.6% BUZZ-Up as co starts study on cannabis-based drug for MS, Q3 results ** Telenav TNAV.O: up 20.0% BUZZ-Jumps on go-private deal with CEO-led firm ** Ferrari NV RACE.N: up 7.9% BUZZ-Zooms after raising profit forecast as shipments recover ** CDW Corp CDW.O: up 2.6% BUZZ-Brokerages turn bullish after upbeat Q3 ** 3D Systems Corp DDD.N: up 8.2% BUZZ-Rises on $65 mln sale of software businesses ** UnitedHealth UNH.N: up 3.0% ** Anthem ANTM.N: up 5.3% ** Humana HUM.N: up 4.3% BUZZ-Health insurers trade higher ahead of U.S. presidential elections ** Thomson Reuters TRI.N: up 3.5% BUZZ-Profit beat lifts stock ** Sysco Corp SYY.N: up 4.7% BUZZ-Rises on better-than-expected quarterly results ** Aurinia Pharma AUPH.O: down 12.8% BUZZ-Falls on failure of dry-eye syndrome drug study ** Esperion Therapeutic ESPR.O: down 16.3% BUZZ-Analysts ring alarm bells over cash balance ** Jakks Pacific Inc JAKK.O: up 23.8% BUZZ-Surges as Q3 results beat ** Paypal PYPL.O: down 1.8% BUZZ-Falls on disappointing Q4 outlook; some analysts remain bullish ** Mondelez International Inc MDLZ.O: up 1.2% BUZZ-Mondelez forecast suggests strong momentum in 2021 ** Trivago NV TRVG.O: up 2.8% BUZZ-Jumps on smaller-than-expected loss in Q3 ** TechnipFMC FTI.N: up 2.3% BUZZ-Rises on stake disclosure by shareholder ** Biogen BIIB.O: down 1.3% BUZZ-Cantor slashes PT on concerns over Spinraza competition, growth ** Plug Power PLUG.O: up 8.6% BUZZ-Gains after D.E. Shaw discloses passive stake ** Alaska Communications ALSK.O: up 57.6% BUZZ-Soars on go-private deal ** Baxter BAX.N: up 0.1% BUZZ-Fall in Baxter shares potential \""buying opportunity\"" - JPM ** Goldman Sachs GS.N: up 3.9% ** JPMorgan Chase & Co JPM.N: up 3.7% ** Morgan Stanley MS.N: up 3.0% BUZZ-U.S. banks track Treasury yields higher as investors bet on Biden win ** OraSure Tech OSUR.O: up 0.3% BUZZ-Rises as second COVID-19 saliva kit gets emergency use nod ** Bristol Myers BMY.N: up 3.3% BUZZ-Up after psoriasis drug meets main goals in late-stage study ** STRATA Skin Science SSKN.O: up 8.1% BUZZ-STRATA Skin Sciences rises after brokerage upgrades to 'buy' ** Exelon EXC.O: up 4.1% BUZZ-Up as co weighs separating generation business from utilities ** Arista Networks ANET.N: up 15.7% BUZZ-Surges after beating profit est for third quarter ** Uber Technologies Inc UBER.N: up 2.2% ** Lyft Inc LYFT.O: up 5.9% BUZZ-Bernstein says focus on California's gig-worker ballot measure ** Wayfair W.N: up 5.5% BUZZ-Jumps as Q3 revenue beats estimates ** Pacific Biosciences PACB.O: down 3.6% BUZZ-Drops on missing Q3 revenue estimates ** McKesson Corp MCK.N: up 6.4% BUZZ-Up after raising profit forecast ** Zebra Technologies ZBRA.O: up 7.4% BUZZ-Rises on better-than-expected results, forecast ** Beasley Broadcast Group BBGI.O: up 40.3% BUZZ-Soars premarket; co expects to reduce op-ex by $32 mln ** Cardlytics CDLX.O: down 2.2% BUZZ-Rises as brokerages hike PTs after Q3 results The 11 major S&P 500 sectors: Communication Services .SPLRCL up 1.77% Consumer Discretionary .SPLRCD up 1.82% Consumer Staples .SPLRCS up 1.91% Energy .SPNY up 0.09% Financial .SPSY up 2.65% Health .SPXHC up 1.69% Industrial .SPLRCI up 2.48% Information Technology .SPLRCT up 2.02% Materials .SPLRCM up 1.18% Real Estate .SPLRCR up 1.55% Utilities .SPLRCU up 1.67% (Compiled by Arundhati Sarkar in Bengaluru) ((Arundhati.Sarkar@thomsonreuters.com; twitter.com/Arundhati_05; +1 646 223 8780 Ext: 2776)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp (EXC) Q3 2020 Earnings Call Transcript Image source: The Motley Fool. Exelon Corp (NASDAQ: EXC) Q3 2020 Earnings Call Nov 3, 2020, 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Hello and welcome to Exelon's third quarterearnings call My name is Gigi, and I'll be your event specialist today. [Operator Instructions] It is now my pleasure to turn today's program over to Dan Eggers, Senior Vice President of Corporate Finance. The floor is yours. Daniel L. Eggers -- Senior Vice President, Corporate Finance Thank you, Gigi. Good morning, everyone, and thank you for joining our third quarter 2020earnings conference call Leading the call today are Chris Crane, Exelon's President and Chief Executive Officer; and Joe Nigro Exelon's Chief Financial Officer. They're joined by other members of Exelon's senior management team, who will be available to answer your questions following our prepared remarks. We issued our earnings release this morning, along with a presentation, both of which can be found in the Investor Relations section of Exelon's website. The earnings release and other matters which we discuss during today's call contain forward-looking statements and estimates that are subject to various risks and uncertainties. Actual results could differ from our forward-looking statements based on factors and assumptions discussed in today's material and comments made during this call. Please refer to today's 8-K and Exelon's other SEC filings for discussions of risk factors and other factors, including uncertainties surrounding the impacts of the COVID-19 pandemic, that may cause results to differ from management's projections, forecasts and expectations. Today's presentation also includes references to adjusted operating earnings and other non-GAAP measures. Please refer to the information contained in the appendix of our presentation and our earnings release for reconciliations between the non-GAAP measures and the nearest equivalent GAAP measures. I'll now turn the call over to Chris Crane, Exelon's CEO. Chris M. Crane -- President and Chief Executive Officer Thanks Dan. Appreciate it. And as you can see from our release, we've had strong earnings and operational performance while continuing to focus on the health and safety of our employees and the communities. Our GAAP basis earned $0.51 per share. Our non-GAAP basis earned $1.04 per share. We did outperform our guidance that we had originally given at $0.80 to $0.90 per share due to some favorable weather and more cost savings coming through sooner than we anticipated. Joe is going to get into detail [Technical Issues] further I want to highlight. In August, we had a tropical storm that battered the East Coast with rain and strong winds; significant impacts to ACE, Delmarva and PECO. It was PECO's 10th largest storm on record, following the eighth largest storm in June. Then a hurricane-like derecho tore through the ComEd service territory, spawning 13 tornadoes. Between the two storms, we had more than 1.5 [Phonetic] customers lost power. We had more than 500 employees and contractors that were helping their sister [Phonetic] utilities moving back and forth between the East and the West to try to respond to the needs of the customers. And despite the intensity, we were able to restore the power to our customers in record time due to the power of our Exelon Utilities platform. Our employees' quick response and collaboration made the difference for our customers. So we really want to thank our employees for their great work restoring service to customers during not just the pandemic but a very active storm season as we have seen. As I mentioned on the last call, Exelon is committed to our values of diversity, equality and inclusion. Part of this commitment calls on our businesses and our partners to recognize these values and include women and people of color in key roles on our accounts. For 10-years, we have recognized partners who have excelled in this area. This year, we have included 30 companies in banking, insurance, legal, investment, professional and IT services to our 2020 diversity and inclusion honor roll. We also are committed to delivering clean energy and a clean-energy future. Exelon Foundation and Exelon selected 10 start-ups as part of the first round of $20 million in climate change investment initiatives. Beyond the financial support, Exelon will mentor the start-ups on accessing capital, structuring the business, capital allocation and meeting the regulatory requirements. Through this program, the Foundation will invest early in stage start-ups, working on climate change, mitigating, adapting and resilience in our service territory. 50% are minority or women owned, 60% of the projects focus on greenhouse gas mitigation, and the others are on resiliency and adapting to the changing climate environment that we are living in. These investments will bring us a step closer to a clean-energy future by helping entrepreneurs translate their ideas for reversing climate change into practical solutions. Finally, we made the difficult decision to retire some uneconomic generation stations. Mystic generation gas-fired station in Boston will retire in 2024 when the cost of service agreement expires. And very disappointingly, we announced our Dresden -- Byron and Dresden nuclear stations will retire in 2021. These plants produce 30% of the carbon-free electricity in Illinois. They provide over 1,500 good-paying full-time jobs, and they support 2,000 supplemental workers during refueling outages, most from local union halls, paying $63 million in taxes annually to support local schools, fire departments and other services in their community. Despite being among the most efficient, reliable units in the US nuclear fleet, they face revenue shortfalls, declining energy prices, lack of capacity revenue and market rules that allow fossil plants to underbid clean energy resources in the PJM market auction. Given these losses, we have made a tough decision to shut these units down and give our employees and the host communities time to manage through the personal and economic challenges ahead. Without these plants and others at risk, customers will pay $483 million in increased annual energy cost under the PJM auction structure that is about to incur. The electric sector emissions will increase by 70%, and instead of growing zero carbon energy in Illinois to reach the state's goal of clean energy will fail -- fall decades behind. We continue to work with interested parties on the best way to achieve these state goals, but urgent action is needed. We have to protect our consumers from higher bills, our state from dirtier air and our communities from the loss of these irreplaceable power plants and the jobs that they create. Turning to operations, even with the pandemic conditions, extreme storms and record heat across our territories, all our utilities have achieved first quartile operating performance in outage duration and frequency. Customer service remains at top quartile across all utilities with BGE, ComEd and PECO delivering service in top decile, a power dispatch match of 98.9% and renewable energy capture at 91.9%. The Constellation has also had a very strong quarter of execution, and as a result, was able to increase the new business targets for the year that we talked about that looking at trouble [Phonetic] in the first quarter. The nuclear performance was excellent. The plants ran at 96% for the quarter. They led the nation in zero carbon electricity production, producing almost 38 terawatt hours of emission-free generation. Like all of our plants, Dresden and Byron ran at nearly full power through the hottest summer on record. Employees at Dresden and Byron are entirely focused on ensuring the reliability and safety of these plants through their retirement dates. The plants' forced retirement is simply hard to deal with, and it's a shame. I will now turn the call over to Joe for a financial update. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Thank you, Chris, and good morning, everyone. Today, I will cover our third quarter results, quarterly financial updates and our hedge disclosures. I will also provide an update on our full year 2020 guidance. Turning to Slide 7, we earned $0.51 per share on a GAAP basis and $1.04 per share on a non-GAAP basis, which exceeded our guidance range of $0.80 to $0.90 per share. A key driver in our quarterly EPS performance for both the second and third quarters has been success in managing costs. As you may recall, on our first quarter call, we announced $250 million of savings across the organization to help offset the impacts of COVID. At that time, we expected our offices would reopen in late summer. Since then, we have pushed Phase 1 of our reopening for remote-enabled workers until January of next year at the earliest. This change in expectations, along with the hard work of the organization, led to higher savings than originally anticipated. For the quarter, Exelon Utilities delivered a combined $0.57 per share net of holding company expenses. Utility earnings were modestly higher relative to expectations, driven primarily by favorable O&M and taxes, earlier recognition of bad debt regulatory assets and favorable summer weather in our non-decoupled jurisdictions. This was partially offset by costs related to tropical storm Isis, which hit the East Coast in August. ExGen outperformed expectations for the third quarter, earning $0.47 per share. The upside was largely driven by lower O&M, where targeted savings exceeded our original expectations and were achieved sooner than planned. Additionally, favorable weather and lower cost to serve benefited our gross margin. On Slide 8, we show our quarter-over-quarter earnings walk. The $1.04 per share in the third quarter of this year was $0.12 per share higher than the third quarter of 2019. Exelon Utilities less Holdco earnings were up $0.01 per share compared to last year. The earnings growth was driven primarily by higher distribution and transmission rates associated with completed rate cases relative to the third quarter of 2019, as well as favorable weather at PECO. This was partially offset by storm costs at PHI and PECO. ExGen's earnings were up $0.11 per share compared with last year, benefiting from lower O&M and higher capacity revenues. Turning to Slide 9, we are raising our 2020 EPS guidance range to $3.00 to $3.20 per share from $2.80 to $3.10 per share and are now comfortably within our original 2020 guidance range of $3.00 to $3.30 per share. When we revised guidance on the first quarter call, there was a great deal of uncertainty about the severity and the length of the impacts of COVID on our business. Our updated guidance considers the strong ExGen performance to date, our successful cost management, as well as the favorable weather we saw in the third quarter. We are delivering on our financial commitments, and we are confident we will be within our revised guidance range at year-end. Moving to Slide 10, looking at our Utility returns on a consolidated basis, we have dipped slightly below our consolidated 9% to 10% target range with an 8.9% trailing 12-month ROE as of the third quarter. The 20 basis point decline from last quarter was primarily due to equity infusions at BG&E and ComEd to support capital investments. This calculation is backward-looking. So, you should continue to see some pressure on ROEs over the next couple of quarters. This is simply due to the roll-off of better pre-COVID-19 quarters, the burden of poor first quarter weather, summer storms and the continued impact of lower treasuries on ComEd. Looking further into the future, we remain focused on delivering stronger returns at the utilities and supporting our growth targets. Turning to Slide 11, since the last call, we had two major developments on the regulatory front. Pepco filed its first multi-year plan in Maryland and PECO filed its first gas distribution case in 10 years. Pepco was the second utility in Maryland to file a multi-year plan with BGE filing the first plan in May. The filing will support capital investments in the electric distribution system made during 2019 and 2020 and planned investments through March of 2024. Pepco's planned investments will continue to improve reliability and customer service, advance technologies and investments to modernize the distribution system, support state environmental goals and provide tools to assist customers in managing their energy use. The filing considers the current health emergency and economic challenges in Maryland while allowing for timely recovery of our investments that benefit our customers. A few highlights from the filing include flat distribution rates for the first two years of the plan, partially offset in year three. Residential electric bills are projected to be lower in 2024 than they were in 2011. Recovery of electric vehicle program cost and COVID-19 costs and inclusion of tracking performance incentive mechanisms focused on system reliability, customer service and the environment. We expect an order in May of 2021. On September 30, PECO filed a gas distribution case with the Pennsylvania Public Utility Commission. PECO is seeking a revenue increase of $69 million for continued investments in its gas distribution system to maintain and increase safety, reliability and customer service. We expect an order in June of 2021. We also have several rate cases still in progress, two of which we expect orders on this year. In October, evidentiary hearings were conducted as part of BG&E's pending multi-year rate case. As a reminder, the filing supports planned capital investments from 2020 to 2023, as well as investments made in late 2019 to maintain and increase reliability and benefit customer service for our electric and gas distribution systems. We expect an order in December. Additionally, ComEd's annual formula rate update filing is expected to be decided in December of this year. On October 14, draft proposed orders were filed by ComEd, the ICC staff and intervenors as part of the case. This filing requests a reduction in delivery rates for the third year in a row and the fifth decrease in 10 years. Since the formula rate has been in place, ComEd's investments in grid modernization and enabling clean energy growth have improved reliability by 70% while keeping bills lower than they were nearly a decade ago. More details on the rate cases can be found on Slides 20 through 27 of the appendix. Turning to Slide 12, the utilities continue to deploy capital largely as planned for the year, investing $1.6 billion during the third quarter. And year-to-date, we have spent $4.5 billion of capital at our utilities, improving our infrastructure and increasing reliability and resiliency for the benefit of our customers. Despite some early challenges from the pandemic, our capital plan is on track for the year. Today, I will talk about two projects that advance Exelon utility strategy. A key element of that strategy is evolving our capabilities to anticipate and meet changing customer needs and expectations of the system. The first project is Pepco's streetlight modernization project in Maryland. This project includes conversion of approximately 66,000 existing streetlights to smart LEDs and integration with a central management system. The new streetlights will send automatic notifications to the central management system, improving outage response time, maintenance efficiency and customer billing accuracy. Additionally, LEDs improve light quality and benefit public safety and security. This project is included in the Pepco Maryland multi-year plan filing I discussed earlier. The second project is the Exelon Utilities' customer information system upgrade, which was completed on time even though it was done almost fully remotely. This is a $130 million project to upgrade BG&E's customer care and billing system and implement Oracle's customer experience service cloud at BG&E, ComEd and PECO. This new system will provide operational efficiencies as well as improve customer satisfaction. It's simply one piece of an ongoing project across the utilities to transform the customer information system. These improvements will support a platform to enable future customer benefits. Improvements will include a more personalized customer experience, allowing for more efficient issue resolution and a streamlined and simplified implementation of billing for new customer offerings such as community solar, where energy is produced at different locations than the customers' residents. Additionally, it will allow for faster implementation of new rate structures, bringing pricing for new services such as EV charging and storage pricing to market faster. Transitioning to Slide 13, we provide our gross margin update and current hedging position at ExGen. Our disclosures now reflect the impacts of the planned retirements of the Byron and Dresden nuclear plants in September and November of 2021, respectively. For 2020, total gross margin is up $50 million. Open gross margin decreased $100 million, primarily due to lower spark spreads in ERCOT, partially offset by higher prices at NiHub and West Hub. Our mark-to-market of hedges were up $250 million due to our hedge position, which offset the decrease in open gross margin, including the execution of $150 million of power new business. We also executed $50 million in non-power new business during the quarter. Based on the higher load volumes associated with favorable third quarter weather and lower cost to serve across the portfolio, we are raising our 2020 new business targets by $50 million. For 2021, total gross margin is down $150 million driven by the retirements of Byron and Dresden nuclear plants, which is flowing through the open gross margin line. However, open gross margin is flat due to higher prices at West Hub, NiHub and New York Zone A. Mark-to-market of hedges was down $100 million due to our hedge position being down $150 million, offset by the execution of $50 million of power new business inside the quarter. As a reminder, the Byron and Dresden retirements are expected to be earnings and cash flow accretive. However, they are essentially flat in 2021 due to the timing of the retirements. The $150 million decrease in gross margin is offset by lower O&M, TOTI and depreciation and amortization totaling $150 million. Additionally, we remained slightly behind our ratable hedging program in 2021 by 2% to 5% when considering cross-commodity hedges. Our hedge percentages reflect the removal of Byron and Dresden in the fall of 2021. Moving on to Slide 14, our consolidated FFO to debt is projected to be 18% for 2020, consistent with last quarter. Looking at ExGen, we are ahead of our debt-to-EBITDA target of 3.0 times. For 2020, we expect it to be at 2.3 times debt-to-EBITDA and 1.9 times when excluding nonrecourse debt. On the ratings front, Moody affirmed its existing ratings for Exelon Corporation and ComEd in the third quarter. We remain committed to maintaining a strong balance sheet and investment-grade credit ratings. Thank you. And I will now turn the call back to Chris for his closing remarks. Chris M. Crane -- President and Chief Executive Officer Thanks Joe. Finally, turning to Slide 15, I want to close, as we do each one of these calls, with our value proposition. We are focused on growing our utilities, and now we are targeting a 7.3% rate base growth with a 6% to 8% EPS growth through 2023. We will use the free cash flow from the Genco to support the utility growth, pay down Genco debt and support the external dividend. We continue to optimize the value of Exelon Generation business by seeking fair compensation for our zero-emitting generation. And I have to say that many editorials and others call what we are asking for as a bailout. It is not a bailout. The nuclear fleet is only zero-emitting fleet that does not get compensation for its value. So this is not a bailout. It's leveling the playing field. It comes across nice and political venues or editorial venues, but the last thing it is, is a bailout. It's leveling the competitive field. We will continue closing uneconomic plants like we announced the retirement of Dresden, Byron and Mystic, monetizing these assets and maximizing the value through Constellation, retail and wholesale. We will continue to sustain investment-grade credit metrics and maintain a strong balance sheet while -- and have grown our dividend annually at 5% through 2020. Before turning to Q&A, I want to comment on some recent news reports that Exelon is considering separating the Exelon Generation from the utilities. As discussed recently on our lastearnings call we regularly evaluate whether our corporate structure best serves the interest of our communities, customers and our employees and also our investors. We would consider modifying that structure when we can create value and recognize those interests. The natural -- the nature of our business and the landscape that it's in has been evolving over the years. In addition, you have seen a number of competitive integrated companies in our sector that have shrunk considerably. Given those circumstances, a review of our corporate structure is under way, started earlier this year, and we have the help of outside advisors. As we continue this review, we focus on creating value, taking into account, as I have mentioned, all of our stakeholders: the investors, the employees, the customers and the communities we serve. So I want to emphasize that the separation of the companies would involve addressing some complex operational, financial and regulatory issues. No decision has been made, but we continue to do the work to determine the best outcome for our stakeholders, and we'll provide you an update on our progress on the nextearnings call So with that, operator, we can now open it up to questions. Questions and Answers: Operator [Operator Instructions] Our first question comes from the line of Stephen Byrd from Morgan Stanley. Your line is now open. Stephen Byrd -- Morgan Stanley -- Analyst Hi, good morning. Chris M. Crane -- President and Chief Executive Officer Hi, Stephen. Stephen Byrd -- Morgan Stanley -- Analyst I just wanted to first talk about the strategic review. And I respect that you are at, I guess, a fairly early stage of thinking through your options. But I was just trying to think about the strategy here. And I guess maybe I wanted to start with what sort of attributes or sort of risk profile would you want to achieve for your merchant fleet for ExGen to be consistent with your strategy versus sort of what risk profile would be not consistent with your strategy? I know overall, you are trying to de-risk the business and provide greater stability. How do you, at a high level, think about that? Chris M. Crane -- President and Chief Executive Officer Yeah. I wouldn't say we are at the early stages. I would say that we are in an in-depth review of the evaluation. And some of the things we look at are the cost of capital, things like that, the degradation of the Constellation business with collateral costs. There's many aspects to it that are under review right now. But what we want to make sure is that we have two healthy companies, a utility business -- if we and the Board determine this is the right thing to do, two healthy businesses that can stand on their own and provide the support needed for the balance sheets, the customers, the employees, the shareholders, as we go forward. So, a lot to be taken in there. But I don't think we have pinpointed a risk profile yet that -- well, I can say we haven't pinpointed a risk profile yet that I have agreed with and the Board has agreed with. Stephen Byrd -- Morgan Stanley -- Analyst Understood. Is it fair to say it is an objective to try to reduce the volatility and also just to improve the viability, I guess, of that business going forward, right? That seems clear that, that's part of the strategy here? Chris M. Crane -- President and Chief Executive Officer Yeah. It is a free cash flow machine. And how do we optimize that to be the best that it can and produce the most on valuation side and shareholder return side, so that is kind of the focus. Stephen Byrd -- Morgan Stanley -- Analyst Yeah, that makes sense. And maybe just one last one for me, more on the tactical side. Thinking about your nuclear plants, you have obviously made some shutdown decisions already. But, I guess, we calculated that some of your remaining nuclear plants are currently or will be negative cash flow. Would you agree with that assessment? And, I guess, over what time frame are you thinking about making decisions for some of the plants that look like they are negative cash flow? Chris M. Crane -- President and Chief Executive Officer You have looked at our disclosures. We have outlined the plants that are sliding into that space. A lot depends on what we do with the capacity market or the FRR. and how we treat the plants is comparable with other zero carbon-emitting plants, which they are not being treated equally right now. So the time frame, we have to watch the auction. We have to watch the legislation. If we don't get a capacity redesign and the auctions run, you could anticipate there would be some issues coming up in the future. Stephen Byrd -- Morgan Stanley -- Analyst Understood. Thanks so much. Appreciate it. Operator Thank you. Our next question comes from the line of Steve Fleishman from Wolfe Research. Your line is now open. Steve Fleishman -- Wolfe Research -- Analyst Hi, good morning. Can you hear me OK? Chris M. Crane -- President and Chief Executive Officer Good morning. Yeah, I can hear you fine. Steve Fleishman -- Wolfe Research -- Analyst Hey, Chris. Great. So I guess, first, arguably, for the last year or so, you have been getting little value, if even maybe negative value for ExGen in the Exelon stock price. So the value case seems obvious. But obviously, there is probably risks and obstacles to just get through. Could you maybe just talk to what some of those are in making this decision? Chris M. Crane -- President and Chief Executive Officer Yeah. You can imagine, this is a complex combination of a competitive integrated. And I wouldn't get on the path of laying out each one of those, but I will tell you that when you start to look at the corporate center, splitting out the IP, splitting out the financials, splitting out the corporate organization, has a lot of design that we have to make sure we are not creating dissynergies, and we do that properly. There's other considerations that we have to make for the employees, for the regulatory bodies to do that, and it's not an easy one. Many of the competitive integrateds that have switched and split have not had the complex level of the integration or the size or the scale that we have. If you look at our -- we have the most premier retail and wholesale trading organization. Nobody that has split had anything like that. So there's value being created, but there is expense there too. So we have to watch how we do it, make sure we do it properly. There is a lot to be said about what we do for the consumer and the zero carbon market. You haven't seen anybody that has a zero carbon fleet like ours split-off. You've seen coal plants. You've seen gas plants. You've seen gas infrastructure split-off. We have to make sure that when or if we do it, that we have the right compensation for the assets that are being spun off. And that's not something that is been recognized by the regulators or the legislators or the administrations thus far. They recognize wind. They recognize solar. But they have not recognized nuclear. And if you look at just the state of Illinois right now, 60% of the generation is carbon-free. 90% of it's nuclear. Nuclear is the only one that is not compensated for its low carbon or zero carbon elements. So there's a lot of different avenues we have to go down to, to get this right. But as I said in the last call, the market is changing, and we have to figure out how we change with it. Steve Fleishman -- Wolfe Research -- Analyst Great. Just based on the comments you just made, Chris, is it fair to say that you need to get some type of decision on Illinois law, either supporting nukes or not, before making this kind of business structure decision? Chris M. Crane -- President and Chief Executive Officer I will let Bill jump in here, but I would not say that, that is going to be a gating function. Bill, I don't know if you want to add anything to that. William A. Von Hoene, Jr. -- Senior Executive Vice President and Chief Strategy Officer Yeah. No, Chris, I agree with what you said. But Steve, you have identified a big point of sensitivity here. As Chris alluded to, we have to take into account, in considering whether to do this or not, a variety of stakeholders, including the communities we serve, our customers, employees and the like. So, all of that goes into the equation of not only the substance of this, but the timing of this. There is lots of ground to plow before we get to the exact decision on -- before we decide whether we are doing it or not, number one. The Board has not decided that. And number two, if so, what the timing would be. And obviously, the FRR is relevant to that, but it's hard to -- I wouldn't put it as a gating function. It's a function that's relevant to our consideration of what's the optimal timing if we decide to do this. Chris M. Crane -- President and Chief Executive Officer The only thing I would add to that is, if the plants are not profitable, they don't cover their cash needs or the earning requirements, we shut them down and -- with or without FRR. And it's a business decision. Some people have called it a threat. It's not a threat. It is just a reality. When businesses don't make money on assets, they shut them down. And so, we have to look at the timing of all these decisions and make sure we are doing the right thing. But the legislation is important for the value, but we have to make decisions based on current economic conditions. Steve Fleishman -- Wolfe Research -- Analyst Great. Thanks. And just, Bill, great to her your voice. Thanks for the answers. William A. Von Hoene, Jr. -- Senior Executive Vice President and Chief Strategy Officer Steve, thank you for your nice notes [Phonetic] to me. I really appreciate it. Thank you very much. Operator Thanks you. Our next question comes from the line of James Thalacker from BMO Capital Markets. Your line is now open. James Thalacker -- BMO Capital Markets -- Analyst Thanks for the time guys and good morning. Chris M. Crane -- President and Chief Executive Officer Good morning. I was trying to get off mute. James Thalacker -- BMO Capital Markets -- Analyst That's OK. Just two real quick questions. One is, I know you previously stated you conduct reviews on a regular basis. But in your prior evaluation of the corporate structure, has this process included the retention of outside advisors to help you kind of work through the process? Or is this kind of the next level of review this time around? Chris M. Crane -- President and Chief Executive Officer No. I think we were very public. In 2017, we used outside advisors, and we did a very, very thorough evaluation. And we looked at the free cash flow coming off of Genco. And at that point, it was accretive to be able to reduce debt, be able to put equity into the utilities and also support a reasonable dividend policy. So we've kept close advisors as we have looked through this in the past, not only on business structure but assets also. It's nothing that's been insular to the Company. It's always been with advice from outside. James Thalacker -- BMO Capital Markets -- Analyst Okay, great. I appreciate that. And just one last question, I guess. Just thinking, I guess, about cost allocation as you undergo the review of the potential separation, is there any initial guidance, I guess, you could give us on how you are thinking about the magnitude of shared services overall across the Company and how potentially that falls into the regulated and ExGen buckets and thoughts on how you sort of mitigate that as if you were to move forward, I guess? Chris M. Crane -- President and Chief Executive Officer I think it's too early to go there. I will tell you that we have to be very sensitive to what falls back on the utilities and what the Genco can manage. And so, some of the cost savings that you've seen in this quarterly update is us accelerating that type of focus. Not going too far, but the Genco has done a lot. The business services organization is accelerating some stuff on technology and contracts and other things that would mitigate those costs when split. One thing about a competitive integrated, you get to use the Massachusetts-modified model to spread the costs around. That's a revenue-generated formula. We know if or when we do a split that that goes away. And so, we have to figure out how do we keep the financials, right, keep the employee benefits programs and all the databases. You can go through that list of all the complex things that we have to do. But we do understand that the regulators are not going to want to see an increase in costs because we split the Company. And the owners of the Genco are going to want to make sure their -- the shareholders of the Genco are going to want to make sure that we are the most efficient. So we are working through that now, but we don't have a number yet. James Thalacker -- BMO Capital Markets -- Analyst Okay. I appreciate that. And just on Slide 36, you talked about roughly about $200 million of the $250 million on the cost savings sort of this year were coming at the ExGen level. Should we think about that as being a decent run rate going forward? Or how much of that do you think you can retain as we move into 2021 and 2022? Chris M. Crane -- President and Chief Executive Officer I will let Joe jump in on that. There's travel. There are some other smaller things that we are not doing right now. But Joe, you want to take that? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yeah. Thank you, Chris, and good morning, Jim. This year, we had a goal of $250 million of O&M -- or of cost savings across the enterprise, and we're going to overachieve that by about $100 million to $125 million is our expectation. We are working through that right now. To your question about how much of that is repeatable in the future, we're in the throes of analyzing that. To Chris' point, we have learned a lot here in the last almost eight months, where we have been working remotely. We have had savings on travel and entertainment. We have had consulting dollar savings, training savings. We have looked at almost everything. And I think there will be things that fall to the bottom line, and we are going through that now. We would expect to provide you an update on that on our fourth quarter call, but there will be things that bleed through. We are just not ready to commit to how much of that is run rate in the future. James Thalacker -- BMO Capital Markets -- Analyst Okay, great. I appreciate that. Thanks for the time. Operator Thank you. Our next question comes from the line of Jeremy Tonet from J.P. Morgan. Your line is now open. Jeremy Tonet -- J.P. Morgan -- Analyst Hi, good morning. Chris M. Crane -- President and Chief Executive Officer Good morning. Jeremy Tonet -- J.P. Morgan -- Analyst I just want to speak more on the strategic review. And could you speak more to the financial considerations here? And namely, would ExGen require a bunch of equity to separate from the business, if that's something you could share any details there? And how should we think about the funding needs, growth prospects at Exelon's utilities under an independent scenario without the support from ExGen cash flows? Chris M. Crane -- President and Chief Executive Officer Well, there's still a lot of work going on right now. I don't think we have an anticipation of that. We're still trying to figure out what level of the ratings that we keep. But Dan, do you want to take it? Daniel L. Eggers -- Senior Vice President, Corporate Finance Yeah. Thanks Chris. Jeremy, I think it's a good question. Right now, I think it's probably a little early to start making calls around balance sheet and capital allocation decisions. You could imagine among all the factors we are considering with this review, looking at the credit metrics, working with the agencies, thinking through that is going to be an aspect. Thinking about how ExGen would use the free cash flow that's been funding the utilities would be part of it, thinking about how the utilities can fund their growth, both with their internally generated and retained cash flows, but also other sources of funding will all go into the decision. But those are -- a number of factors will go into our analysis over the coming months. Jeremy Tonet -- J.P. Morgan -- Analyst That is very helpful. Thanks. And just wondering if you are in a position to share any feedback that you've received in Illinois with response to the retirement announcements that you put out recently? Chris M. Crane -- President and Chief Executive Officer No. There's some disappointment, as you can imagine, from the communities. There's disappointment from employees. And these are not the first nuclear plants we have had to shut down. Some will say that we make enough money already, we should not shut them down, but that's just not the way businesses work. And so, you have to work through the reaction. And the two major constituents that are going to feel the pain here with us shutting these units down, because we are losing so much money, are the employees and the communities. If you look at the taxes and what we provide in the community as far as employment and commerce, it's not easy. And so, you can imagine those communities are trying to figure out what they can do to support us staying -- keeping those plants open. But haven't heard a lot from the legislative side. And I will let Kathleen and Bill jump in on that side. Kathleen L. Barron -- Senior Vice President, Government and Regulatory Affairs and Public Policy Yeah, Chris, I can jump in. As you know, the legislature is not in session. So there has been continued work on potential clean energy legislation through the Governor's Working Group and similar efforts on both the Senate side and the House side. But until the legislature is back in session, we won't have a sense of where that's going. But I agree with you that the impact, both on the employees and the communities around the plants, as well as the sort of broader communities in Illinois are watching this because to the extent these plants shut down, what will happen is fossil plants will ramp up, and that will affect communities around the state that are already struggling with air pollution and the effects of COVID. So a lot of folks are watching it for sure. Jeremy Tonet -- J.P. Morgan -- Analyst Got it. Understood. And if I could just ask one last one here. How do you see proposed multi-year plans impacting your return to 9% to 10% ROE target and the sustainability of maintaining that range? Chris M. Crane -- President and Chief Executive Officer Yeah. I will let Calvin answer that one. We have had a couple punches in the gut this year that brought us back down with storms and some other things. But Calvin, you want to cover that? Calvin G. Butler Jr. -- Senior Executive Vice President, Exelon and Chief Executive Officer, Exelon Utilities Absolutely, Chris, and good morning. What I would say is that our whole process in working with our regulators in our jurisdictions around multi-year plans was geared to really create a foundation for long-term growth and also giving transparency and accountability to our customers on how this was going. So it is our commitment that we are going to remain in that 9% to 10%, but it's going to be done in a way where it's transparent to our customers and we're able to invest in our system for just to continue to operate a safe and reliable system. So, that is the commitment. That is what we are discussing. And we are on course to meet that obligation, as you have heard in Maryland and now in DC with both of our utilities in Maryland and in DC. And we already have very constructive environments in our other jurisdictions. So, we are moving forward with that. Jeremy Tonet -- J.P. Morgan -- Analyst Got it. That's great. Thanks. That's it for me. Operator Thank you. Our next question comes from the line of Julien Dumoulin-Smith from Bank of America. Your line is now open. Julien Dumoulin-Smith -- Bank of America -- Analyst Hey, good morning, team. Thank you. So, if I can pick up where Jeremy left off a little bit, can you talk about the balance sheet, especially under any prospects of a spin here? Just want to hear clearly from you all how you are thinking about it. The rating agencies have talked broadly about ExGen being an investment-grade entity. If I can ask you this way, how committed are you to IG metrics under a spin? I know that you've kind of alluded to this earlier in the call, but I just want to be extra clear about this. And then subsequently, it seems as if in past periods, one of the calculations here has been the implications to the retail business. Can you talk about that side of the equation under any strategic shift? Chris M. Crane -- President and Chief Executive Officer Joe and Jim, you want to tag team that one? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yeah. I think, Chris, the answer to Julien's question around how committed we are to investment grade, we take our strong balance sheet and our strong investment-grade ratings that we have today, obviously, very seriously. As you mentioned, we're still in the process of evaluating what the spin would look like and all the ramifications of that, and that includes impacts to all the stakeholders you mentioned, the rating agencies being one of those, and how it would impact the rating of a Genco that's stand-alone. But at this point, it's too early to commit to anything along those lines. And with that, I will turn it over to Jim to talk about the retail business. James McHugh -- Chief Executive Officer, Constellation and Executive Vice President, Exelon Yeah, sure. Thanks gentlemen. And Julien, I guess, likewise, we are working through -- over the next period of time, over the next few months, we are going to work with the finance team to understand how we can continue to optimize our business. Our customer-serving business is really the large portion of our overall earnings capability for -- that we bring to the Genco and cash flow capability that we bring to the Genco. We are committed to that. We want to keep that going. And we will work through the structures and the product structures that we need to maintain to continue to serve those customers and then optimize the management in -- all the way through the spot market of managing the load and the generation output. So I think we'll make sure the impacts are such a way that we can maintain that focus on the customer and keep our products going and the growth that we see in that business. Julien Dumoulin-Smith -- Bank of America -- Analyst So, a further kind of clarification, if it is. Chris, on carbon and the subject of how that might ultimately translate back to your portfolio here, how do you think the election could impact that? Clearly recognizing states' rights and a lot of these PPA programs ultimately end up -- for the state, right, to implement one way or another, given that context, how do you think about carbon today as potentially implemented in Illinois eventually? Chris M. Crane -- President and Chief Executive Officer So what we are trying to do is work at the state level. We have had little traction at the federal level, and it's very polarizing, as you know. It doesn't matter who gets elected. It's still going to be a polarizing issue. So working it through the states and then through the markets, because you've got the cross-state leakages, is where we have been focused. We will have to see what happens tomorrow and what happens in the House and the Senate, the legislative body where they want to go. We hope they do it as a technology-neutral approach versus what some size of the House and the Senate have gone at technologies versus outcomes. But we will have to see. We are still going to fight at the state level and the market level to make sure that we get the right valuation for our assets. We are the largest non-carbon producing entity with no remunerations for those assets. But like I said earlier, it's nice for editorial or an editor or a politician to say we are looking for a bailout. We are looking to be able to compete with the other non-carbon that people have decided to provide a payment, a valuation for that low carbon output. But when you look at the largest non-carbon-emitting source in the country and the largest non-carbon-emitting company in the country and they are competing against other resources that are getting compensated for the value of that, it's just frustrating. But you will pick up the paper tomorrow and somebody will write that Exelon is looking for a bailout. We don't care about a bailout. We just want to compete. If we don't compete, we will shut the units down. Julien Dumoulin-Smith -- Bank of America -- Analyst Understood. Quite clear. Thanks Chris and team. Chris M. Crane -- President and Chief Executive Officer Thanks. Operator Thank you. Our next question comes from the line of Durgesh Chopra from Evercore. Your line is now open. Durgesh Chopra -- Evercore -- Analyst Hey guys, thanks for including me in. Maybe just one quick one on the quarter, and then I want to go back to the strategic review. Just on the quarter, you showed this projected cash flow slide with the 2020 balance. The balance is significantly lower, like $400 million lower versus the Q2 call, and your guidance is up. So just wondering what drives that. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yeah. Chris, I can take that. Chris M. Crane -- President and Chief Executive Officer You want to take that, Joe? Yeah. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yeah. Good morning, Durgesh. There is a couple of things going on. Our free cash flow from our operations across the enterprise were up for the quarter. But we did see -- because of that, number one, we had an assumption of kind of less requirement for working capital needs. And then more importantly, we had some movement in cash flow on other activity related to Exelon Generation, and there were just a number of small factors that -- normal-type quarter activity that moved the cash flow for the quarter, even though the earnings were up pretty materially versus the range we had given last quarter. Durgesh Chopra -- Evercore -- Analyst Okay. That is helpful. Understood. And just really quickly, Chris, you mentioned FRR not a gating factor. Maybe just to the extent that you can, could you procedurally talk about the next steps here and if there is a time line that internally you guys are working on to get this strategic review over? Chris M. Crane -- President and Chief Executive Officer Yeah. I can tell you that although the FRR and the legislation is critical for the communities and the employees, we have to make our business decisions. I think we are going through the review right now and trying to evaluate the complications of the potential separation, but we wouldn't use that as the gating factor. So once we get through the very complicated review, we would like to provide a whole lot more color on the fourth quarter call. Not guaranteeing we're done or saying we would be done by then, but that will be the view of where we think we're heading. Dan, I don't know if you want to say anything else? Daniel L. Eggers -- Senior Vice President, Corporate Finance No, Chris, I think you covered it. Chris M. Crane -- President and Chief Executive Officer All right. Durgesh Chopra -- Evercore -- Analyst Okay guys. Thanks so much. Great quarter. Chris M. Crane -- President and Chief Executive Officer Thanks. Operator At this time, showing no further questions, I would like to turn the call back over to Chris Crane for closing remarks. Chris M. Crane -- President and Chief Executive Officer Yeah. I just want to thank everybody for joining the call. It's a busy day. Election is going on, all kinds of concern about stability in the country, and so for us to be able to share your time, it's appreciated. I really want to thank the employees for their commitment and dedication. We have had a lot of stuff going on this year, not only the COVID, the storms and the things that they have had to work through. And I hope that you and your families are safe and healthy. And with that, I will close the call. Duration: 61 minutes Call participants: Daniel L. Eggers -- Senior Vice President, Corporate Finance Chris M. Crane -- President and Chief Executive Officer Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer William A. Von Hoene, Jr. -- Senior Executive Vice President and Chief Strategy Officer Kathleen L. Barron -- Senior Vice President, Government and Regulatory Affairs and Public Policy Calvin G. Butler Jr. -- Senior Executive Vice President, Exelon and Chief Executive Officer, Exelon Utilities James McHugh -- Chief Executive Officer, Constellation and Executive Vice President, Exelon Stephen Byrd -- Morgan Stanley -- Analyst Steve Fleishman -- Wolfe Research -- Analyst James Thalacker -- BMO Capital Markets -- Analyst Jeremy Tonet -- J.P. Morgan -- Analyst Julien Dumoulin-Smith -- Bank of America -- Analyst Durgesh Chopra -- Evercore -- Analyst More EXC analysis All earnings call transcripts 10 stocks we like better than Exelon When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Exelon wasn't one of them! That's right -- they think these 10 stocks are even better buys. 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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""BUZZ-U.S. STOCKS ON THE MOVE-U.S. banks, Plug Power, Spirit AeroSystems, Gartner, Solaredge Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: http://tmsnrt.rs/2ggOmBi The Morning News Call newsletter: http://tmsnrt.rs/2fwPLTh Wall Street's main indexes jumped on Tuesday as investors bet that one of the country's most divisive presidential races could end with a clear victory for Democratic nominee Joe Biden and a swift deal on more fiscal stimulus. .N At 13:10 ET, the Dow Jones Industrial Average .DJI was up 2.00% at 27,462.9. The S&P 500 .SPX was up 1.85% at 3,371.33 and the Nasdaq Composite .IXIC was up 2.00% at 11,176.599. The top three S&P 500 .PG.INX percentage gainers: ** Arista Networks ANET.N, up 15.7% ** Gartner IT.N, up 11.6% ** Catalent CTLT.N, up 7.7% The top three S&P 500 .PL.INX percentage losers: ** Mosaic MOS.N, down 12.9% ** Leggett& Platt LEG.N, down 6.6% ** CF Industries CF.N, down 4.7% The top three NYSE .PG.N percentage gainers: ** Inspre Med Systm INSP.N, up 26.4% ** Ellomay Capital ELLO.N, up 21.7% ** Arista Networks ANET.N, up 15.7% The top three NYSE .PL.N percentage losers: ** Ambow Education AMBO.N, down 30.7% ** Greenhill GHL.N, down 20.4% ** Intrepid Potash IPI.N, down 18.3% The top Nasdaq .PG.O percentage gainers: ** Alaska Communications ALSK.O, up 57.9% ** BioLine RX BLRX.O, up 35.4% The top Nasdaq .PL.O percentage losers: ** Solaredge SEDG.O, down 23.8 % ** KBL Merger Corp. IV. KBLM.O, down 22.3 % ** Biomarin Pharma BMRN.O: down 2.0% BUZZ-Falls on concerns over FDA review of growth disorder treatment ** Humana HUM.N: up 2.6% BUZZ-Rises on strong 2021 profit outlook, Q3 earnings ** Emerson Electric EMR.N: up 2.3% BUZZ-Emerson Electric: Gains after cost cuts drive quarterly profit beat ** Aptevo Therapeutics APVO.O: up 19.5% BUZZ-Surges after cancer symptoms disappear in study patient ** Eaton Corp ETN.N: up 2.4% BUZZ-Up on Q3 results beat ** Fabrinet FN.N: up 7.2% BUZZ-Hits 2-month high after Q1 results beat estimates ** Spirit AeroSystems SPR.N: up 4.0% BUZZ-Up after forecasting lower 2021 cash burn ** Alibaba BABA.N: down 8.0% BUZZ-Drops after Shanghai stock exchange suspends Ant's A-share IPO ** Fox Corp FOXA.O: down 2.8% BUZZ-Rises after Q1 profit beat ** Designer Brands DBI.N: up 12.1% BUZZ-Rises as Susquehanna upgrades to 'neutral' ** GW Pharma GWPH.O : up 22.5% BUZZ-Up as co starts study on cannabis-based drug for MS, Q3 results ** Telenav TNAV.O: up 20.2% BUZZ-Jumps on go-private deal with CEO-led firm ** Ferrari NV RACE.N: up 7.7% BUZZ-Zooms after raising profit forecast as shipments recover ** CDW Corp CDW.O: up 3.2% BUZZ-Brokerages turn bullish after upbeat Q3 ** 3D Systems Corp DDD.N: up 6.6% BUZZ-Rises on $65 mln sale of software businesses ** UnitedHealth UNH.N: up 2.8% ** Anthem ANTM.N: up 4.9% ** Humana HUM.N: up 2.6% BUZZ-Health insurers trade higher ahead of U.S. presidential elections ** Thomson Reuters TRI.N: up 3.6% BUZZ-Profit beat lifts stock ** Sysco Corp SYY.N: up 6.3% BUZZ-Rises on better-than-expected quarterly results ** Aurinia Pharma AUPH.O: down 12.7% BUZZ-Falls on failure of dry-eye syndrome drug study ** Gilead Sciences Inc GILD.O: up 0.4% BUZZ-Value investors should keep Gilead Sciences on the radar: Mizuho ** Tilray TLRY.O: down 1.4% ** Cronos CRON.O: down 0.2% ** Sundial Growers SNDL.O: !RIC {RIC.NB} is invalid ** Aurora Cannabis ACB.N: up 1.1% BUZZ-Pot stocks gain as investors bet on Biden-Harris victory ** Esperion Therapeutic ESPR.O: down 15.7% BUZZ-Analysts ring alarm bells over cash balance ** Jakks Pacific Inc JAKK.O: up 25.1% BUZZ-Surges as Q3 results beat ** Paypal PYPL.O: down 2.5% BUZZ-Falls on disappointing Q4 outlook; some analysts remain bullish ** Mondelez International Inc MDLZ.O: up 0.4% BUZZ-Mondelez forecast suggests strong momentum in 2021 ** Trivago NV TRVG.O: up 3.5% BUZZ-Jumps on smaller-than-expected loss in Q3 ** TechnipFMC FTI.N: up 1.2% BUZZ-Rises on stake disclosure by shareholder ** Biogen BIIB.O: down 2.0% BUZZ-Cantor slashes PT on concerns over Spinraza competition, growth ** Plug Power PLUG.O: up 9.5% BUZZ-Gains after D.E. Shaw discloses passive stake ** Alaska Communications ALSK.O: up 57.9% BUZZ-Soars on go-private deal ** Baxter BAX.N: down 0.2% BUZZ-Fall in Baxter shares potential \""buying opportunity\"" - JPM ** Goldman Sachs GS.N: up 4.1% ** JPMorgan Chase & Co JPM.N: up 3.2% ** Morgan Stanley MS.N: up 2.9% BUZZ-U.S. banks track Treasury yields higher as investors bet on Biden win ** Bristol Myers BMY.N: up 3.7% BUZZ-Up after psoriasis drug meets main goals in late-stage study ** STRATA Skin Science SSKN.O: up 8.9% BUZZ-STRATA Skin Sciences rises after brokerage upgrades to 'buy' ** Exelon EXC.O: up 3.7% BUZZ-Up as co weighs separating generation business from utilities ** Arista Networks ANET.N: up 15.7% BUZZ-Surges after beating profit est for third quarter ** Uber Technologies Inc UBER.N: up 3.0% ** Lyft Inc LYFT.O: up 6.6% BUZZ-Bernstein says focus on California's gig-worker ballot measure ** Wayfair W.N: up 7.5% BUZZ-Jumps as Q3 revenue beats estimates ** Pacific Biosciences PACB.O: down 3.4% BUZZ-Drops on missing Q3 revenue estimates ** McKesson Corp MCK.N: up 5.4% BUZZ-Up after raising profit forecast ** Zebra Technologies ZBRA.O: up 7.5% BUZZ-Rises on better-than-expected results, forecast ** Beasley Broadcast Group BBGI.O: up 33.8% BUZZ-Soars; co expects to reduce op-ex by $32 mln The 11 major S&P 500 sectors: Communication Services .SPLRCL up 2.04% Consumer Discretionary .SPLRCD up 2.20% Consumer Staples .SPLRCS up 1.70% Energy .SPNY down 0.88% Financial .SPSY up 2.38% Health .SPXHC up 1.45% Industrial .SPLRCI up 2.34% Information Technology .SPLRCT up 2.02% Materials .SPLRCM up 1.14% Real Estate .SPLRCR up 1.62% Utilities .SPLRCU up 1.29% (Compiled by Arundhati Sarkar in Bengaluru) ((Arundhati.Sarkar@thomsonreuters.com; twitter.com/Arundhati_05; +1 646 223 8780 Ext: 2776)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp Q3 adjusted earnings Beat Estimates (RTTNews) - Exelon Corp (EXC) announced a profit for third quarter that fell from last year. The company's earnings came in at $501 million, or $0.51 per share. This compares with $772 million, or $0.79 per share, in last year's third quarter. Excluding items, Exelon Corp reported adjusted earnings of $1.02 billion or $1.04 per share for the period. Analysts had expected the company to earn $0.87 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company's revenue for the quarter fell 0.9% to $8.85 billion from $8.93 billion last year. Exelon Corp earnings at a glance: -Earnings (Q3): $1.02 Bln. vs. $0.90 Bln. last year. -EPS (Q3): $1.04 vs. $0.92 last year. -Analysts Estimate: $0.87 -Revenue (Q3): $8.85 Bln vs. $8.93 Bln last year. -Guidance: Full year EPS guidance: $3.00 - $3.20 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Q3 20 Earnings Conference Call At 10:00 AM ET (RTTNews) - Exelon Corp. (EXC) will host a conference call at 10:00 AM ET on November 3, 2020, to discuss Q3 20 earnings results. To access the live webcast, log on to https://investors.exeloncorp.com/events-and-presentations The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""BUZZ-U.S. STOCKS ON THE MOVE-U.S. bank stocks, Alibaba, Ferrari, health insurers Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: http://tmsnrt.rs/2ggOmBi The Morning News Call newsletter: http://tmsnrt.rs/2fwPLTh U.S. stocks jumped on Tuesday as investors bet that one of the country's most divisive presidential races would end with a clear victory for Democratic nominee Joe Biden and a swift deal on more fiscal stimulus. .N At 10:42 ET, the Dow Jones Industrial Average .DJI was up 2.30% at 27,544.54. The S&P 500 .SPX was up 2.21% at 3,383.46 and the Nasdaq Composite .IXIC was up 2.03% at 11,179.726. The top three S&P 500 .PG.INX percentage gainers: ** Arista Networks ANET.N, up 19.4% ** Gartner IT.N, up 13% ** Zebra Tech ZBRA.OQ, up 8.1% The top three S&P 500 .PL.INX percentage losers: ** Mosaic Company MOS.N, down 12.2% ** Leggett& Platt LEG.N, down 4.6% ** Cf Industries CF.N, down 3% The top NYSE .PG.N percentage gainers: ** Inspire Medical Systems INSP.N, up 24.8% ** Arista Networks ANET.N, up 19.4% The top three NYSE .PL.N percentage losers: ** Ambow Education AMBO.N, down 25.8% ** Greenhill GHL.N, down 15.5% ** Intrepid Potash IPI.N, down 14.8% The top Nasdaq .PG.O percentage gainers: ** Alaska Communications ALSK.O, up 58% ** Telenav TNAV.O, up 20.2% The top three Nasdaq .PL.O percentage losers: ** Solaredge SEDG.O, down 22.8% ** Discovery DISCB.O, down 16.3% ** Onespan OSPN.O, down 14.7% ** Alibaba BABA.N: down 6.8% BUZZ-Drops after Shanghai stock exchange suspends Ant's A-share IPO ** Fox Corp FOXA.O: down 1.6% BUZZ-Rises after Q1 profit beat ** Designer Brands DBI.N: up 8.4% BUZZ-Rises as Susquehanna upgrades to 'neutral' ** GW Pharma GWPH.O : up 11.4% BUZZ-Up as co starts study on cannabis-based drug for MS, Q3 results ** Telenav TNAV.O: up 20.2% BUZZ-Jumps on go-private deal with CEO-led firm ** Ferrari NV RACE.N: up 7.2% BUZZ-Zooms after raising profit forecast as shipments recover ** CDW Corp CDW.O: up 2.7% BUZZ-Brokerages turn bullish after upbeat Q3 ** 3D Systems Corp DDD.N: up 8.5% BUZZ-Rises on $65 mln sale of software businesses ** UnitedHealth UNH.N: up 4.2% ** Anthem ANTM.N: up 5.8% ** Humana HUM.N: up 4.0% BUZZ-Health insurers trade higher ahead of U.S. presidential elections ** Thomson Reuters TRI.N: up 4.7% BUZZ-Profit beat lifts stock ** Sysco Corp SYY.N: up 5.2% BUZZ-Rises on better-than-expected quarterly results ** Aurinia Pharma AUPH.O: down 12.7% BUZZ-Falls on failure of dry-eye syndrome drug study ** Gilead Sciences Inc GILD.O: up 1.0% BUZZ-Value investors should keep Gilead Sciences on the radar: Mizuho ** Esperion Therapeutic ESPR.O: down 12.4% BUZZ-Analysts ring alarm bells over cash balance ** Jakks Pacific Inc JAKK.O: up 17.9% BUZZ-Surges as Q3 results beat ** Karyopharm Therapeutics KPTI.O : up 3.6% BUZZ-Rises after cancer drug meets study main goal ** Paypal PYPL.O: down 3.0% BUZZ-Falls on disappointing Q4 outlook; some analysts remain bullish ** AMC Entertainment AMC.N: up 10.2% BUZZ-Falls short of Q3 revenue estimates ** Mondelez International Inc MDLZ.O: up 1.5% BUZZ-Mondelez forecast suggests strong momentum in 2021 ** Trivago NV TRVG.O: up 1.7% BUZZ-Jumps on smaller-than-expected loss in Q3 ** TechnipFMC FTI.N: up 2.7% BUZZ-Rises on stake disclosure by shareholder ** Plug Power PLUG.O: up 10.7% BUZZ-Gains after D.E. Shaw discloses passive stake ** Exxon Mobil Corp XOM.N: up 0.2% ** Diamondback Energy FANG.O: up 3.6% ** Apache Corp APA.O: up 0.8% BUZZ-Energy cos rise as crude rallies ahead of U.S. elections ** Alaska Communications ALSK.O: up 58.0% BUZZ-Soars on go-private deal ** Goldman Sachs GS.N: up 3.9% ** JPMorgan Chase & Co JPM.N: up 3.8% ** Morgan Stanley MS.N: up 3.3% BUZZ-U.S. banks track Treasury yields higher as investors bet on Biden win ** OraSure Tech OSUR.O: up 1.5% BUZZ-Rises as second COVID-19 saliva kit gets emergency use nod ** Bristol Myers BMY.N: up 3.6% BUZZ-Up after psoriasis drug meets main goals in late-stage study ** STRATA Skin Science SSKN.O: up 7.3% BUZZ-STRATA Skin Sciences rises after brokerage upgrades to 'buy' ** Exelon EXC.O: up 3.9% BUZZ-Up as co weighs separating generation business from utilities ** Arista Networks ANET.N: up 19.4% BUZZ-Surges after beating profit est for third quarter ** Uber Technologies Inc UBER.N: up 3.3% ** Lyft Inc LYFT.O: up 5.4% BUZZ-Bernstein says focus on California's gig-worker ballot measure ** Wayfair W.N: up 1.5% BUZZ-Jumps as Q3 revenue beats estimates ** Pacific Biosciences PACB.O: down 9.4% BUZZ-Drops on missing Q3 revenue estimates ** McKesson Corp MCK.N: up 5.6% BUZZ-Up after raising profit forecast ** Zebra Technologies ZBRA.O: up 8.0% BUZZ-Rises on better-than-expected results, forecast ** Beasley Broadcast Group BBGI.O: up 46.9% BUZZ-Soars premarket; co expects to reduce op-ex by $32 mln ** Cardlytics CDLX.O: down 1.0% BUZZ-Rises as brokerages hike PTs after Q3 results The 11 major S&P 500 sectors: Communication Services .SPLRCL up 1.88% Consumer Discretionary .SPLRCD up 2.20% Consumer Staples .SPLRCS up 2.21% Energy .SPNY up 0.29% Financial .SPSY up 2.85% Health .SPXHC up 2.47% Industrial .SPLRCI up 2.71% Information Technology .SPLRCT up 2.33% Materials .SPLRCM up 1.71% Real Estate .SPLRCR up 1.32% Utilities .SPLRCU up 2.22% (Compiled by Arundhati Sarkar in Bengaluru) ((Arundhati.Sarkar@thomsonreuters.com; twitter.com/Arundhati_05; +1 646 223 8780 Ext: 2776)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2020-11-04,28.2766,28.4407,27.5868,27.9629,
EXC,2020-11-05,28.1241,28.7201,28.0235,28.5277,
EXC,2020-11-06,28.4407,28.5931,28.2219,28.3752,
EXC,2020-11-09,29.4158,30.4818,28.5531,28.6928,"Is Exelon Stock A Bargain Compared To Public Service Enterprise Group? Exelon (NYSE:EXC), one of the largest regulated electric utility companies and operators of nuclear power plants, trades at just about 1.2x trailing Revenues, considerably below Public Service Enterprise Group (NYSE:PEG), which operates New Jersey’s largest utility and trades at about 3x trailing Revenue. Does this make sense? While Exelon’s sizeable nuclear fleet appears to be an asset as decarbonization gathers pace, safety-related concerns, weakness in the electricity markets, and some controversy surrounding the company’s ComEd Illinois utility business have created an overhang on the stock. PEG, on the other hand, has benefited from an improving operational performance at its utilities while investors have rewarded the company for growing dividends. However, let’s step back to look at the fuller picture of the relative valuation of the two companies by looking at historical Revenue Growth, Returns (ability to generate profits from growth), and Risk (sustainability of profits). Our dashboard Public Service Enterprise Group vs. Exelon: Is PEG Stock Appropriately Valued Given Its significantly higher P/S Multiple Compared to EXC? has more details on this. Parts of the analysis are summarized below. 1. Revenue Growth Between 2016 and 2019, PEG’s Revenue grew from around $9 billion to about $10.1 billion, an increase of about 12% driven by the Power generation business and steady growth at the utility business. On the other hand, EXC’s Revenues grew by about 10% between 2016 to 2019, rising from around $31.4 billion to $34.4 billion, driven by relatively steady growth at its rate-regulated utilities although the results of its competitive generation businesses remained volatile, as market prices for electricity declined due to weaker demand and lower natural gas prices. 2. Returns (Profits) While PEG’s Returns have been superior to EXCs, with its Free cash flows as a % of Revenues coming in at levels of over 30% over the last four years. EXC’s Free cash flows as a % of Revenues have declined from 27% in 2016 to about 19% currently. PEG’s Return on Invested Capital is higher than EXC’s and has also improved from about 4.5% to 6.9% between 2016 and 2019. EXC’s ROIC has risen from 2.1% to 4.7% over the same period. PEG’s Total Shareholder Returns have been higher, driven by an increasing stock price and steadily improving dividends. While Exelon has also raised its dividend 15% between 2016 and 2019, its stock has underperformed. 3. Risk While EXC’s Debt load is higher with its Debt to Equity ratio standing at about 75% as of 2019, the metric has improved from about 111% in 2016, as the company reduced debt. PEG’s Debt to Equity ratio stood at about 51% as of 2019, roughly flat compared to 2016. Overall neither company appears to have meaningful financial risk. The Net Of It All While Exelon’s key Growth, Returns, and Risk metrics fall slightly behind Public Service Enterprise Group’s, we don’t think this really justifies the company’s depressed P/S multiple of just about 1.2x, versus 3x for PEG. Sure, weak power prices and issues at ComEd could be creating an overhang on the stock, but they are likely transitory in nature. That said, there are a couple of factors that could help Exelon stock in the near-to-medium term. Firstly, the company’s generation mix is largely skewed toward nuclear assets (over 60% of generation capacity) which makes the company the largest zero-carbon power supplier in the U.S. As environmental regulation gets more stringent, this could make the company’s assets more valuable. Secondly, the company is also exploring the possibility of spinning off its generation assets, separating them from its utility business. This could unlock meaningful value for shareholders. What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio to beat the market, with over 100% return since 2016, versus about 55% for the S&P 500. Comprised of companies with strong revenue growth, healthy profits, lots of cash, and low risk, it has outperformed the broader market year after year, consistently. See all Trefis Price Estimates and Download Trefis Data here What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-11-10,28.6596,28.9243,28.429,28.4739,"2 Cheap Dividends (Up to 6.6%) to Buy Post-Election Make no mistake: now is the time to buy dividend stocks. That's because stocks tend to rally from Election Day to the end of the year--no matter which party wins. The important thing is that the election, and the uncertainty it brings, is over. The post-election surge is already on, with the S&P 500 jumping 6% since the market close on November 2. Plus we've got a nice seasonal effect working in our favor, as stocks tend to gain from October to May. A Second Chance to Buy Cheap But don't worry--if you haven't used this opportunity to set yourself up for some strong upside (and growing dividend payouts) you're not too late. If you're a Contrarian Income Report subscriber, I'd strongly recommend moving cash into the 10 buys in our portfolio. They're perfectly positioned to hand us some nice post-election price upside as we collect their rich 8.3% average dividends.) (If not, your best bet is to ""road test"" our Contrarian Income Report service--the 10 buys in its portfolio set you up for further post-election gains and give you an extra layer of security because you get a big slice of your return in cash, thanks to their rich 8.3% dividends. Five of these 10 buys even pay dividends monthly.) Divided Government: A Boon for Our Portfolios (and Dividends) This election has left us with another historical marker that stocks are headed higher from here. For one, the federal government is now divided, with a Biden presidency, Democratic control of the House of Representatives and Republicans likely to hang on to their majority in the Senate (depending on the results of a couple run-off elections in Georgia). This combination hasn't occurred since 1885 to 1889, during the administration of Democrat Grover Cleveland, so we don't have an exact historical match to look at here. But we came close from 2011 to 2015, when Democrats held the Senate and White House and Republicans controlled the House. That combo helped stocks return a gaudy 76% in just four years! Stocks Soar in Divided Government I think we're headed for a similar performance in the next four years. Our portfolios should get an assist from a couple other factors on our side, too. 2 More Factors Driving Our Stocks (and Dividends) Higher It's been many months since the economy received a multi-trillion-dollar stimulus package. With the political order for the next two years now lined up, what better way for our elected officials to celebrate their wins than with stimulus, part two? After all, they needn't worry about who will foot the bill. Our money supply, as defined by the Federal Reserve's own ""M2"" measure, is already up a breathtaking 24% year over year, with another ""dollar dump"" likely on the way: Money Printer Will Keep On Printing In theory, it is you and I, the taxpayers, will be on the hook for the bonds Uncle Sam issues to help rev up the economy. But let's be honest. Federal Reserve Chair Jay Powell is simply going to print as much stimulus money as he can. Which brings us back to dividend stocks. When the Fed prints money, equities are the place to be. They go up faster than bonds! And select dividend payers are likely to cruise higher. But we do want to take out some ""insurance,"" because these are not normal times. So we're going to key in on one group of ""low drama"" names that have been tossed over the side in recent months--utility stocks. 2 ""Bond-With-Upside"" Utility Picks to Consider Now I don't usually write about utilities, for one simple reason: they usually don't yield enough. Fortunately in recent months, investors have tossed out some perfectly good utility dividends. I gave you an example of a strong utility pick in my November 3 article, when we discussed Midwestern utility WEC Energy Group (WEC), whose payout has surged 216% in the last decade. I'd also add regional utility Exelon (EXC), whose electricity and gas businesses serve 10 million customers, mostly in the US Northeast. Savvy investments under CEO Chris Crane have nicely shifted Exelon's power mix toward renewables. That helps it stay within environmental regulations, which are likely to be strengthened under a Biden administration. At the same time, Exelon has invested heavily--to the tune of $4.5 billion this year alone--to make its operations more robust. That's helped it steer through 2020's active storm season; despite the storms and COVID-19, Exelon boosted its full-year earnings guidance to $3 to $3.20 a share when it reported third-quarter earnings, a big jump from its previous forecast of $2.80 to $3.10. The company shifted from paying a static dividend four years ago to delivering steady payout growth. That rising payout has helped pull the shares higher--until this year, that is, when investors inexplicably sold off the stock. Dividend and Share Price Part Company ... For Now With Exelon's rising earnings and healthy balance sheet (long-term debt is a reasonable 31% of assets), it's nicely positioned to drive its dividend (and share price) higher. Exelon sports a 3.6% yield today, and a five-year beta rating of 0.42, making it 58% less volatile than the market. In a world where Treasuries yield just 0.8%, a growing 3.6% dividend backstopped by a steady share price has a lot of appeal. Expect investors to catch on to that and bid Exelon's shares back up. Here's a 6.6% Utility Dividend (With Upside) You can bulk up your dividends even more when you buy utilities through a closed-end fund (CEF) like the Reaves Utility Income Fund (UTG). This fund gives you access to top US utilities like WEC, NextEra Energy (NEE) and Comcast (CMCSA). It also diversifies your utility holdings beyond America, with 22% of its portfolio in Canada, including power provider Fortis (FTS) and BCE Inc. (BCE), our northern neighbor's main telecom provider. Here's something else you'll like: UTG pays an outsized 6.6% dividend--and it makes that payout monthly. And its stability just about matches that of Exelon: with a five-year beta rating of 0.65, UTG is 35% less volatile than the market. It's also cruised past utility benchmark Utilities Select Sector ETF (XLU) since inception: High-Yield CEF Beats the Benchmark Here's something else that adds to UTG's appeal: because of its high payout, most of the return you see above was in cash, not here-today, gone-tomorrow paper gains. UTG does trade at a 0.65% premium to its net asset value (NAV, or the value of the stocks it owns), which may lead you to think it's overpriced. But this fund regularly trades at much bigger premiums--as high as 12.8% last June--so we can expect some price upside from its growing premium, too. Your ""Safety-First"" Post-Election Game Plan: 10% Dividends and Price Gains My 10% Monthly Dividend Portfolio is perfectly tuned to times like these: thanks to its massive 10% payout, you get most of your return in dividend cash--and this unique portfolio pays you every single month, too! There's more, because the stocks and funds that populate this portfolio are some of the best deals on the market today, so you can look forward to solid price upside to go along with your rich dividends. What kind of price upside are we talking about here? I've carefully crafted this portfolio to return 10% in price gains, year in and year out, to go along with your 10% income stream--so you're building your wealth and paying your bills at the same time! That nicely solves every retiree's biggest worry: outliving their savings. And with the post-election market I see shaping up, I expect even bigger double-digit price gains from this one-of-a-kind portfolio in the next 12 months! This powerful portfolio is the answer in a world where so many folks are stuck grinding it out on the pathetic 1.7% stock the S&P 500 stock pays. I can't wait to give you all the details. Everything you need to know--including the names, tickers, dividend histories and more--on the stocks and funds inside my 10% Monthly Dividend Portfolio is waiting for you right here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-11-11,28.6136,29.0445,28.4016,29.0348,"Ex-Dividend Reminder: Southwest Gas Holdings, Allete and Exelon Looking at the universe of stocks we cover at Dividend Channel, on 11/13/20, Southwest Gas Holdings, Inc. (Symbol: SWX), Allete Inc (Symbol: ALE), and Exelon Corp (Symbol: EXC) will all trade ex-dividend for their respective upcoming dividends. Southwest Gas Holdings, Inc. will pay its quarterly dividend of $0.57 on 12/1/20, Allete Inc will pay its quarterly dividend of $0.6175 on 12/1/20, and Exelon Corp will pay its quarterly dividend of $0.3825 on 12/10/20. As a percentage of SWX's recent stock price of $74.54, this dividend works out to approximately 0.76%, so look for shares of Southwest Gas Holdings, Inc. to trade 0.76% lower — all else being equal — when SWX shares open for trading on 11/13/20. Similarly, investors should look for ALE to open 1.07% lower in price and for EXC to open 0.88% lower, all else being equal. Below are dividend history charts for SWX, ALE, and EXC, showing historical dividends prior to the most recent ones declared. Southwest Gas Holdings, Inc. (Symbol: SWX): Allete Inc (Symbol: ALE): Exelon Corp (Symbol: EXC): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.06% for Southwest Gas Holdings, Inc., 4.27% for Allete Inc, and 3.53% for Exelon Corp. In Wednesday trading, Southwest Gas Holdings, Inc. shares are currently down about 0.3%, Allete Inc shares are off about 0.4%, and Exelon Corp shares are up about 0.7% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-11-12,28.7787,28.898,28.0744,28.2833,"Exelon Corporation (EXC) Ex-Dividend Date Scheduled for November 13, 2020 Exelon Corporation (EXC) will begin trading ex-dividend on November 13, 2020. A cash dividend payment of $0.382 per share is scheduled to be paid on December 10, 2020. Shareholders who purchased EXC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that EXC has paid the same dividend. At the current stock price of $43.84, the dividend yield is 3.49%. The previous trading day's last sale of EXC was $43.84, representing a -13.27% decrease from the 52 week high of $50.54 and a 49.71% increase over the 52 week low of $29.28. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation (DUK) and Xcel Energy Inc. (XEL). EXC's current earnings per share, an indicator of a company's profitability, is $2.43. Zacks Investment Research reports EXC's forecasted earnings growth in 2020 as -4.76%, compared to an industry average of -2.7%. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EXC through an Exchange Traded Fund [ETF]? The following ETF(s) have EXC as a top-10 holding: VanEck Vectors Uranium & Nuclear Energy ETF (NLR) John Hancock Multifactor Utilities ETF (JHMU) SPDR Select Sector Fund - Utilities (XLU) First Trust Utilities AlphaDEX Fund (FXU) iShares U.S. Utilities ETF (IDU). The top-performing ETF of this group is XLU with an increase of 15.53% over the last 100 days. NLR has the highest percent weighting of EXC at 7.56%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-11-13,28.5384,28.7046,28.4114,28.6635,
EXC,2020-11-16,28.8793,29.0787,28.4905,28.9654,
EXC,2020-11-17,28.6576,29.0992,28.6117,28.7847,
EXC,2020-11-18,28.8647,28.9928,28.5247,28.5384,
EXC,2020-11-19,28.3841,28.4563,27.9229,28.304,
EXC,2020-11-20,28.2296,28.4436,27.9229,27.9825,
EXC,2020-11-23,28.2639,28.2706,27.6649,27.7822,
EXC,2020-11-24,28.1095,28.6117,27.9825,28.5697,
EXC,2020-11-25,28.3771,28.4436,27.9229,28.2159,
EXC,2020-11-27,28.2296,28.2776,27.7919,27.8954,
EXC,2020-11-30,27.7245,27.7489,27.3483,27.449,
EXC,2020-12-01,27.6151,27.9893,27.4676,27.5682,
EXC,2020-12-02,27.4812,27.8086,27.2146,27.7822,
EXC,2020-12-03,27.6024,27.8359,27.2682,27.4353,
EXC,2020-12-04,27.6024,27.6278,27.0875,27.3562,
EXC,2020-12-07,27.2009,27.6991,27.1735,27.5311,
EXC,2020-12-08,27.5154,27.662,27.1412,27.6151,"My Personal ""Set-It-and-Forget-It"" Plan for 10% Dividends, 100% Upside The mainstream crowd has gotten way too greedy--which means we could be in the teeth of a stock-market selloff within weeks. Most folks hear the word ""selloff"" and gasp. But not us contrarian dividend hounds! We know that volatility is our friend. It's easy to see this just by looking at what the market's done in the last five years. You'd have amped up your performance a lot just by buying the dips. Buy and Hold? Nah. The Timing of Your Buys (and Sells) Matters This year is a classic example. If you'd bought the typical S&P 500 stock on the first day of February, pretty much at the go-go peak of early 2020, you'd be sitting on a 15% total return now. That's not bad--especially in a nightmare year like this one! But you'd have done a lot better by buying the dip. Heck, even if you waited till stocks were in full rebound mode in mid-April, your return would have been more than double what our February buyer has taken home--a solid 30%. Buying the Dip: You Don't Have to Be a Master Market Timer This strategy is a lot like an approach many folks use, called dollar-cost averaging (DCA). You probably DCA'd your portfolio to its current level, dropping a fixed amount of cash into your stock holdings at regular intervals. It's my favorite way to ""time"" the market: your regular, fixed sum automatically buys more shares when they're cheap and fewer when they're pricey. An ""Active"" DCA Strategy Is Your Best Play for 2021 We're going to take this robotic process a step further by holding back some cash so we can actively bargain hunt when the first-level crowd's greed turns to terror. The beauty of this ""active"" DCA strategy is that it lets you hold on to your winners--and let them run--while enhancing your gains by injecting that extra cash on the dip and rebound. This is what I'm recommending that readers of my Contrarian Income Report service do now: let our winners run, including Synovus Financial (SNV), which I urged CIR subscribers to buy in an April 14 Flash Alert, just as the rebound was finding its groove. SNV went on to hand us 84% in gains and dividends in just under eight months. Or ONEOK (OKE) a 9.7%-yielder I recommended in that same April Flash Alert. It's handed us a 35% return, with a third of that in dividends. Both stocks have crushed the market, something that, as income investors, we don't always expect--but we'll happily take it when it happens! ""Active"" DCA Strategy Delivers Big 2020 Gains and Dividends But what if you have cash burning a hole in your pocket you want to invest today? While I do recommend holding off for a few weeks until a (likely, in my view) pullback, the good news about this strategy is you don't have to wait, because there's always an out-of-favor sector somewhere. And these days, utility stocks are that sector. I don't usually write about utilities because, to be honest, they usually don't yield enough. But in the mania of the last few months, investors have been doing what they love to do--speculating on volatile travel stocks, like American Airlines (AAL), or shiny ponies like Tesla (TSLA)--and dumping ""boring"" utilities. That's good news if you're looking to deploy some cash, because it's pushed many utilities' prices down and their dividend yields up. Here are three to consider. Undervalued Utility #1: Eversource Energy (ES) Eversource Energy (ES) isn't the highest yielder out there, with a 2.6% payout, but dividend growth is the real story here: Eversource cranks out steady 5% to 7% annual payout increases, backed by a historically safe payout ratio, with the dividend accounting for around 60% of earnings per share (EPS): Source: Eversource 2020 EEI Financial Conference presentation This steadily rising dividend makes New England-based power, water and gas provider a good stock to tuck away: consider that Eversource has hiked its payout, year in and year out, for 20 years now. Its cumulative hikes mean you'd be pulling in a nice 10% yield on a buy made back then. A risk of running a New England-based utility is location: Eversource is constantly barraged by Atlantic storms, but management deftly manages that risk: despite an active storm season in 2020 (not to mention the pandemic), Eversource kept a tight lid on costs, with expenses related to operations and maintenance edging up just 1% in the first nine months of 2020 from a year earlier. Eversource's growing dividend and history of profit growth--analysts are calling for earnings per share (EPS) of $3.64 in 2020 and $3.89 in 2021, up from $3.39 in 2019--are why the shares have been playing in a different league than the benchmark utility ETF: Eversource Powers Past the Field Despite this outperformance, Eversource shares are still 12% off their March highs. That's given us a nice entry point to deploy some ""active DCA"" cash now. Undervalued Utility #2: PNM Resources (PNM) Unless you live in New Mexico or Texas, you've likely never heard of PNM Resources (PNM). It's a smaller utility, providing electricity to 530,000 customers in New Mexico and 256,000 in the Lone Star State, and sporting a market cap of just $4 billion. Like Eversource, it also sports a relatively low dividend yield, at 2.5%. But it's growing its payout a lot faster, more than doubling it in the last decade. That means folks who bought back just 10 years ago have built themselves a nearly 10% income stream (a 9.7% yield, to be exact)--and they've done it 10 years faster than Eversource investors have: PNM's Potent Payout Growth There's no safer way to build a retirement-ready cash stream than this. And with PNM's safe payout ratio of 49% of EPS and forecasts for higher EPS in both 2020 and 2021, we can expect its dividend to keep rising higher. Undervalued Utility #3: Exelon (EXC) Exelon (EXC) has electricity and gas businesses serving 10 million customers, mostly in the Northeast. The big story here is that Exelon is considering spinning off its power-generation business. If the split goes ahead, it would follow a trend in the sector: DTE Energy (DTE), for example, will spin off its pipeline and storage business in mid-2021. Spinoffs are generally win-wins for investors--a 2012 Credit Suisse study showed that the new firm and its parent tend to outperform the market in the 12 months following the split. It's rare that we income-seekers get to participate in one! Speaking of income, Exelon shifted from paying a static payout four years ago to delivering steady payout growth. Its rising payout has, in turn, prompted investors to bid up the stock--until mid-2020, when they sold it off. As you can see below, Exelon's share price still trails its dividend-growth rate and is well off its 2020 high. Exelon's Dividend Outruns Its Stock (for Now) The company's sturdy payout growth, relatively high 3.7% yield and depressed (for now) share price make it another target for our ""active DCA"" strategy. A Steady 9% Dividend, Starting in January. Learn the Secret Now. A 9% yield in the future--which these 3 stocks will build up to on a buy made today, due to their reliable dividend growth--is a big help for funding the comfortable retirement we're all looking for. But what if you don't have 10 or 20 years to wait for these growing dividends to get you the income you need? What if you need double-digit dividends right now? I hear you--this situation is why I crafted my ""9% Monthly Dividend Portfolio."" The stocks and funds it contains hand you the 9% dividends you need for retirement. And that outsized income stream will start just weeks from now, when your first payout rolls in. Because just like the name says, this unique collection of investments pays dividends every 30 (or 31) days. No more waiting a full three months for your next payout! Big Growth for the Future, Big Payouts for Today This isn't to say that the 3 stocks we just talked about aren't worth your consideration. You can buy them now and tuck them away--your odds of seeing their share prices and dividend payouts soar in the next decade are extremely good. What I'm saying is that you can build on dividend growers like these by picking up the double-digit payers in my ""9% Monthly Dividend Portfolio."" That way, you get the best of all worlds: big cash payouts now and in the future, and strong price appreciation, too! I've distilled everything you need to know about this dynamic income portfolio into an exclusive investor report I'm ready to share with you now. It's a 10-minute read, max, and when you're done you'll have complete instructions for kick-starting your own 9% income stream, starting in just weeks. Don't miss out on this potent income opportunity. At a 9% yield, it'll hand you $9,000 in yearly cash on a $100K investment. Go here to learn all about my income strategy and get your copy of this exclusive report, which has everything you need to know about this unique portfolio--including the names and tickers of every stock and fund inside. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-12-09,27.5887,27.7158,27.3796,27.4617,
EXC,2020-12-10,27.575,27.6561,27.1011,27.5341,
EXC,2020-12-11,27.2878,27.5955,27.2037,27.5281,"This Renewable Energy Giant Continues to Bet Big on Solar Power Brookfield Renewable (NYSE: BEP)(NYSE: BEPC) is one of the world's leading renewable energy companies. It currently owns 19.3 gigawatts (GW) of capacity, which is enough to power 5 million homes for a year. Hydroelectric is the company's largest contributor, at 7.9 GW of its generating capacity and 64% of its cash flow. However, while hydro is Brookfield's biggest moneymaker today, it envisions a solar-powered future. It took another step toward that ambitious goal by recently agreeing to acquire the solar energy business of utility Exelon (NASDAQ: EXC). Image source: Getty Images. A win-win transaction Brookfield and its institutional partners are purchasing Exelon's entire solar energy business. It currently consists of 360 megawatts of generation either in operation or under construction across nearly 600 sites throughout the U.S. Brookfield is paying $810 million for the assets in a deal that should close in the first half of next year. The transaction will enable Exelon to unlock the value of its solar assets. The company recently unveiled that it's conducting a strategic review of its corporate structure to determine the best way to create value for its shareholders. The company is considering whether to separate its generation and utility operations. While a separation is still possible, the company could sell additional power-generating assets if that would create the most shareholder value. Meanwhile, Brookfield picks up additional solar energy assets to bolster its platform. It continues the company's strategy of growing its scale, enabling it to reduce its operating costs and generate more cash from these assets. From zero to meaningful in less than five years Solar energy is currently the smallest contributor in Brookfield's portfolio, at 9% of its cash flow. However, considering that the company didn't operate any solar energy assets in 2015, that's an impressive number. The company currently operates 3.45 GW of solar energy assets, which includes 2.6 GW of utility-scale projects and 850 MW of distributed generation assets (i.e., on-site generation such as rooftop solar). The company primarily built that portfolio via acquisition, jump-started by its investments in TerraForm Power and TerraForm Global in 2017. It has since enhanced its solar energy platform by making additional acquisitions and joint ventures. In early 2018, Brookfield Renewable's parent, Brookfield Asset Management (NYSE: BAM), formed a joint venture with a Chinese logistics and industrial facility provider to develop 1 GW of rooftop solar energy projects in the country. Brookfield Renewable followed that up by partnering with private equity giant KKR last year to acquire X-Elio. The Spanish solar energy project developer had 273 MW of operating assets, 1.413 GW under construction, and another 4.8 GW development pipeline. Meanwhile, in July of this year, Brookfield agreed to acquire a 1.2 GW solar development project in Brazil. It's one of the world's largest solar developments, which should start generating power in early 2023. In addition to those large-scale deals, Brookfield has also acquired several smaller assets. For example, in the fourth quarter of last year, it bought 14 solar development projects in Brazil via two transactions totaling 428 MW. The company also used TerrForm Power to acquire solar energy assets in the U.S. and Europe before purchasing the rest of that company that it didn't already own earlier this year. As a result of these deals, Brookfield now has more than 10 GW of solar energy projects in its development pipeline, which is more than half of its 18.3 GW backlog. Meanwhile, more deals for both operating assets and development projects seems likely. Brookfield Renewable wrote in its second-quarter letter to investors that: Our solar business has grown substantially over the last five years...As a result of technology advances and reductions in construction costs, solar can stand on its own without subsidies and more importantly, is now among the lowest cost sources of conventional power globally. To put this in perspective, solar costs over the last five years-the period in which we have built our solar business-have gone from over $4 per watt to install, to less than a $1 per watt in almost all jurisdictions around the world. As a result of these favorable economics, as well as the renewable nature and perpetual source of free energy, we believe it is possible that in ten years from now the majority of the production capacity of Brookfield Renewable will be solar capacity. It is not that we do not believe in wind or hydro but the growth in solar and the ability for us to develop and earn strong risk adjusted returns should enable us to grow our solar operations at a far greater pace. As the company makes clear, it sees a bright future in solar because it's increasingly becoming the cheapest form of energy on the planet. That's leading it to continue scaling its solar platform so that it can benefit from the increasingly compelling economics of this emissions-free power source. A powerful plan to create value Brookfield Renewable believes it can grow its cash flow per share at an 11% to 16% annual rate over the next five years. While several factors will help power that plan, solar will play a starring role as it should become a larger cash flow contributor. Add that growth potential to Brookfield's attractive 3.4%-yielding dividend, and it could generate market-beating total returns over the coming years. That makes it a great solar stock to buy and hold. 10 stocks we like better than Brookfield Renewable Partners L.P. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Brookfield Renewable Partners L.P. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2020 Matthew DiLallo owns shares of Brookfield Asset Management, Brookfield Renewable Inc., and Brookfield Renewable Partners L.P. The Motley Fool owns shares of and recommends Brookfield Asset Management. The Motley Fool recommends KKR. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-12-14,27.7225,28.131,27.4216,27.4421,
EXC,2020-12-15,27.6952,28.6253,27.5858,28.5501,
EXC,2020-12-16,28.6038,28.8119,28.1905,28.3634,
EXC,2020-12-17,28.4778,28.8159,28.4739,28.5042,"[""Noteworthy ETF Outflows: VPU, AEP, EXC, XEL Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Utilities ETF (Symbol: VPU) where we have detected an approximate $77.8 million dollar outflow -- that's a 1.8% decrease week over week (from 31,985,358 to 31,416,481). Among the largest underlying components of VPU, in trading today American Electric Power Co Inc (Symbol: AEP) is up about 1.7%, Exelon Corp (Symbol: EXC) is up about 1%, and Xcel Energy Inc (Symbol: XEL) is up by about 1.8%. For a complete list of holdings, visit the VPU Holdings page \u00bb The chart below shows the one year price performance of VPU, versus its 200 day moving average: Looking at the chart above, VPU's low point in its 52 week range is $96.09 per share, with $156.43 as the 52 week high point \u2014 that compares with a last trade of $136.69. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb. Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""My Top Renewable Energy Stock to Buy in December Renewable energy stocks certainly had a terrific 2020. As the year draws to a close, several top renewables stocks look set to crush the S&P 500 Index's return for the year. Whether you missed adding to your renewables portfolio or you simply want to grow it further, now could be a good time to do so. Brookfield Renewable (NYSE: BEP) (NYSE: BEPC) would be a great addition to your portfolio. Let's see why. Top-class performance Brookfield Renewable is one of the world's largest renewable energy companies with operations across North and South America, Europe, and Asia. Its operations are diversified across all major renewable sources, including hydropower, wind, and solar, though nearly two-thirds of its portfolio is hydropower. That mix may, however, change soon, considering Brookfield's tilt toward solar energy. It recently announced a major agreement to acquire all of Exelon's distributed solar assets. Brookfield Renewable has done an impressive job of growing its revenues over the years. In addition to organic growth, the company has made numerous asset acquisitions to fuel this growth. BEP Revenue (Quarterly) data by YCharts The company has also been growing its funds from operations over the years, as the graph above shows. In the latest quarter, it grew its funds from operations by 18%. Brookfield Renewable continues with its growth initiatives. It completed the merger with TerraForm Power in July. The cash-accretive merger strengthens Brookfield Renewable's wind and solar businesses in Europe and North America. Additionally, it recently acquired a large solar project in Brazil, which is more than 75% contracted. In all, Brookfield Renewable agreed on transactions requiring $250 million of investments during the quarter. These investments should continue to fuel the company's growth in the coming years. Growth prospects Over the next five years, Brookfield Renewable expects to grow its per unit funds from operations by more than 10%. It grew its FFO at a higher than 10% CAGR in the past decade. Further, the company aims to deliver annualized total returns of 12% to 15% to its shareholders in the long term. This includes annual distribution (or dividend) growth of 5% to 9% from organic cash flow and projects. Image source: Getty Images. The company's returns-based approach can be attributed to its parent Brookfield Asset Management, which owns roughly 60% of Brookfield Renewable Partners. The experienced asset manager provides strategic direction to Brookfield Renewable and oversees its funding decisions. This is a key factor that likely distinguishes Brookfield Renewable from many other renewable operators that find it difficult to grow their cash flow. With an objective to broaden its investor base, Brookfield Renewable Partners created a Canadian corporation, Brookfield Renewable Corporation, in July. The newly formed corporation's listed shares are structured to be economically equivalent to the partnership's units. Moreover, the partnership holds 75% of the corporation's voting rights through certain special shares. Finally, Brookfield Renewable is well-placed to benefit from a global push toward renewable sources of energy and their falling costs of generation. Attractive dividends Brookfield Renewable aims to grow its dividends by 5% to 9% annually. This target looks realistic considering the company grew its dividends at an average annual rate of around 6.6% in the past decade. Brookfield Renewable's yield has fallen significantly in 2020 due to the stock's sharp rise. However, it still offers a yield of more than 3%. BEP data by YCharts In the long term, the company aims to pay around 70% of its funds from operations as dividends. This allows it to retain sufficient funds to grow its operations. Valuation Brookfield Renewable is trading at a higher valuation compared to its peers as well as its own historical valuation. Its EV-to-EBITDA ratio of around 34 times is higher than its peers. It's also higher than its own 5-year average ratio of around 17 times. However, Brookfield Renewable has historically commanded a premium valuation due to its superior performance. BEP EV to EBITDA data by YCharts As the above graph shows, its average multiple over five years is much higher than its peers. Diversified operations, a track record of dividend growth, growth targets, and a favorable environment for renewables mean that the stock could very well continue to command a premium valuation in the future too. Coupled with its more than 3% yield, it's a worthwhile stock to add to your portfolio this month. 10 stocks we like better than Brookfield Renewable Partners L.P. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Brookfield Renewable Partners L.P. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2020 Rekha Khandelwal has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Brookfield Asset Management. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2020-12-18,28.5316,28.7582,28.297,28.4495,
EXC,2020-12-21,28.2112,28.2112,27.4744,27.7422,
EXC,2020-12-22,27.7959,28.0479,27.7225,27.9091,
EXC,2020-12-23,28.0235,28.3567,27.8359,27.876,
EXC,2020-12-24,28.0372,28.0372,27.6756,27.9571,
EXC,2020-12-28,28.1769,28.4905,28.0597,28.2112,"Down Almost 20% This Year, Is Edison International Stock Attractive? Edison International (NYSE:EIX), a utility holding company that runs Southern California’s primary electric utility, has seen its stock decline by about 18% year to date significantly underperforming the S&P 500 which is up by about 15% over the same period. While utility stocks, in general, haven’t fared too well this year, as investors favored higher growth sectors, Edison’s performance has been further weighed down by uncertainty relating to litigation that its subsidiary Southern California Edison faces. Below, we take a look at how the company has fared in recent years and what the outlook could be like. See our analysis on What Has Driven Edison’s Stock Between 2017 and Now for more details on why Edison stock has underperformed. Edison’s Operating Performance Edison International’s operating results have been relatively strong in recent years. While Revenues remained fairly flat between 2017 and 2019 at about $12.3 billion, they grew to about $13.4 billion over the last twelve months, driven partly by some regulatory moves. While Net Margins improved from around 5.4% in 2017 to about 11.4% in 2019, they declined over the last twelve months on account of charges related to wildfire and mudslide events. Overall, EPS expanded from $1.73 in 2017 to about $3.78 in 2019, although it has declined over the last twelve months. Dividends – which are a key consideration for utility investors – have also been increasing steadily and the company’s dividend yield stands at over 4%. The company is also investing significantly in growing its renewables infrastructure and this could be a driver of growth in the long-run. Earlier this year, it signed contracts to add about 770 megawatts of new grid-scale energy storage. This is one of the largest energy storage contracts in the U.S. and should help to integrate renewable clean energy into the grid from intermittent wind and solar resources. Valuation Is Being Impacted By Potential Wildfire Liabilities While the company’s operating results have been reasonably strong with its investments looking quite promising, its P/E multiple based on last fiscal year’s results has declined from 37x in 2017 to about 16.4x currently. California based utilities have had to deal with major wildfires in the state over 2017 and 2018 and have faced growing liabilities for cases where their equipment was at fault. Southern California Edison has faced litigation in this regard. While the company took $1.8 billion in charges in Q4 2018 related to wildfire claims and saw another $1.2 billion settlement in the last quarter, the company still has more claims to deal with. Although Edison’s potential liabilities are likely far below fellow utility PG&E (which estimated liabilities at over $30 billion), significant legal and financial complexities likely remain for Edison and this is hurting the company’s valuation. What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio to beat the market, with around 130% return since 2016, versus about 65% for the S&P 500. Comprised of companies with strong revenue growth, healthy profits, lots of cash, and low risk, it has outperformed the broader market year after year, consistently. See all Trefis Price Estimates and Download Trefis Data here What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2020-12-29,28.2159,28.3634,27.8496,27.9571,
EXC,2020-12-30,27.9229,28.2365,27.8817,28.0235,
EXC,2020-12-31,28.0352,28.257,27.872,28.2159,
EXC,2021-01-04,28.3507,28.43,27.2975,27.5154,Your ESG investment may be a ‘light-touch’ fund and not as green as you think Go beyond the label: Some of the biggest ESG funds own oil and coal stocks.
EXC,2021-01-05,27.5408,27.7158,27.2947,27.4744,
EXC,2021-01-06,27.6688,28.6117,27.6151,28.3704,
EXC,2021-01-07,28.3704,28.4436,27.8887,28.0889,
EXC,2021-01-08,28.0762,28.344,28.004,28.2112,
EXC,2021-01-11,28.2365,28.4436,27.8086,27.9756,
EXC,2021-01-12,27.916,28.1905,27.6756,28.1241,
EXC,2021-01-13,28.0762,28.7046,28.0342,28.6038,
EXC,2021-01-14,28.5971,28.7446,28.2903,28.4563,
EXC,2021-01-15,28.2932,29.0582,28.1593,28.9791,
EXC,2021-01-19,29.0787,29.1666,28.6185,28.6185,"Are These Renewable Energy Stocks On Your January Watchlist? 3 Names To Know Should Investors Consider Adding These Top Renewable Energy Stocks To Their Long-Term Portfolio? Renewable energy stocks have had an amazing run in the last couple of months. This incredible momentum did not appear overnight and has been years in the making. With reducing the cost of lithium-ion batteries and sustainable policy support, these factors will drive strong growth for the industry in the years to come. Furthermore, Joe Biden will rejoin the Paris Climate Accord on day one of his presidency. This along with aggressive executive climate actions in the opening days and weeks of his presidency could set the stage for the renewable energy sector yet again this year in the stock market. What To Expect With Renewable Energy Stocks Amid A Biden Administration? Biden has also pledged to cut U.S. emissions to net-zero by 2050 and has a $2 trillion plan that will usher in an era of clean and renewable energy. This along with the Democrats’ control of the U.S. Senate, could make Biden’s goal for net-zero emissions a reality. Based on the International Energy Agency, total installed wind and solar capacity are on course to surpass natural gas in 2023 and coal in 2024. Will investors be able to identify the next batch of top renewable energy stocks? In the field of renewable energy, which includes electric vehicles and alternative energy, interest will no doubt be high this year. The reason being how global energy demands are transitioning to renewables at an unprecedented rate. This in turn would play well for investors who bet on renewable energy stocks. In the last year, we have seen companies like NIO (NYSE: NIO) and NextEra Energy (NYSE: NEE) explode in growth. These companies do not seem to be slowing down and could be well-positioned for further growth. All things considered, here is a list of top renewable energy stocks to watch in the stock market today. Read More Making A List Of E-Commerce Stocks To Buy? 3 In Focus Are These The Best EV Stocks To Buy This Year? 3 Names To Know Renewable Energy Stocks To Watch In January SunPower Corporation (NASDAQ: SPWR) Brookfield Renewable Partners LP (NYSE: BEP) General Motors (NYSE: GM) SunPower Corporation SunPower is a renewable energy company that designs and manufactures photovoltaic (PV) cells and solar panels. The company believes that clean energy and storage should be accessible to everybody and has focused heavily on an all-in-one residential and commercial solution. SunPower is based in Silicon Valley and has over 1,000 patents for solar innovation. The company’s shares have been up by over 350% in the last 6 months. The stock closed Tuesday’s trading session up another 15.30% at $36.85 a share. In the company’s latest third-quarter fiscal in October, SunPower posted revenue of $275 million and boasted a total customer base of over 330,000. SunPower also has $325 million in cash and reported residential MW growth, gross margin expansion, and new product success. The company stated that 18 of the top 20 builders in California use its products in new homes, an impressive feat. For SunPower’s fourth-quarter guidance, it expects a topline revenue of $370 million. The company has been making all the right moves lately. It now offers the best-in-class digital solutions that empower homeowners to design and manage their own solar system without leaving home. Being number 1 in durability and providing a 25-year complete system warranty certainly instills consumer confidence in the company. Residential and commercial solar will continue to grow rapidly as consumers and companies alike continue to transition to renewables. This would of course play well for the company’s growth in the long run. Will this be enough for you to have SPWR stock in your portfolio? [Read More] Is BlackBerry (BB) The Best Big Data Stock To Buy Right Now? Brookfield Renewable Partners LP Brookfield Renewable operates one of the world’s largest publicly-traded renewable energy platforms. It has an impressive portfolio consisting of over 19,000 MW of capacity and over 5,000 generating facilities across America, Europe, and Asia. The company’s shares have been up by over 10% in the last month itself. In the company’s latest quarter financials posted in November, Brookfield Renewable reported revenue of $867 million. The company also reported that its renewable energy production had increased last year despite the implications of the pandemic last year. Its total generation for the quarter was 12,007 GWh, an 8% increase from a year earlier. It focuses its portfolio on wind and solar, some of the most cost-effective sources of bulk power generation. This would also be advantageous for the company in the years to come. Brookfield Renewable has also been making many acquisitions in the past year as well, further expanding its energy portfolio. Its most recent acquisition is of Exelon Corporation (NASDAQ: EXC) for approximately $810 million. The company added 360 MW of distributed generation capacity and assets of 700 MW of projects in development through this acquisition. This acquisition would also represent an opportunity for Brookfield Renewable to acquire a high-quality operating portfolio with a strong development pipeline of advanced-stage projects. All things considered, will you add BEP stock to your watchlist? [Read More] Is BlackBerry (BB) The Best Big Data Stock To Buy Right Now? General Motors Self-driving car maker Cruise and majority shareholder General Motors today announced that they will be teaming up with Microsoft (NASDAQ: MSFT) to commercialize self-driving vehicles. The companies will bring their software and hardware engineering excellence, and cloud computing capabilities together to create a safer and more affordable transportation system for everyone. GM stock is up by over 30% in January alone. Earlier this month, the company reported that its 2020 sales far outperformed the U.S. Industry in the fourth quarter. Retail sales began to recover in May 2020 after being hit by the pandemic and reached pre-pandemic levels in the fourth quarter. General Motors also stated that it gained market share across the board in total for the quarter. The company also has big plans in the making for its electric vehicle portfolio. It plans to launch over 30 new electric vehicles beginning this year. The company has also announced that it is investing over $27 billion into its all-electric segment through 2025. Last week, the company also announced BrightDrop, its new electric commercial-vehicle brand, much to investors’ delight. BrightDrop will offer an ecosystem of electric first-to-last-mile products, software, and services to empower delivery and logistics companies. It will allow these companies to move goods more efficiently. This in turn would help businesses lower costs, maximize productivity and improve freight security. Delivery service titan FedEx (NYSE: FDX) will be General Motors’ first customer for this new and integrated solution. With so many exciting developments surrounding the company, will you be on the lookout for GM stock? The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-01-20,28.5111,28.8159,28.3606,28.771,
EXC,2021-01-21,28.6038,28.9243,28.3967,28.7514,
EXC,2021-01-22,28.6185,28.7016,28.3234,28.43,
EXC,2021-01-25,28.344,29.0054,28.1241,28.9731,
EXC,2021-01-26,28.9243,28.9243,28.3704,28.6381,"Dividend Stocks for 2021 (And a Look Back at 2020's Picks) In this episode of Industry Focus: Energy, host Nick Sciple is joined by Motley Fool contributor Matt DiLallo to review their 2020 dividend stock picks, and share some dividend stocks to consider in 2021. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video. 10 stocks we like better than Brookfield Infrastructure Partners When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Brookfield Infrastructure Partners wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2020 This video was recorded on Jan. 21, 2021. Nick Sciple: Welcome to Industry Focus, I'm Nick Sciple. This week, we're looking at dividend stocks. Motley Fool contributor Matt DiLallo joins me to give an update on our top dividend stock picks for the year 2020 and share a couple of picks for dividend stocks to buy for 2021. Matt, thanks for joining me on the podcast once again. Matt DiLallo: Hey, thanks for having me again. Sciple: Great to have you back on. As I mentioned, we're going to be taking a look back at some dividend stocks that we pitched back on January 23rd, 2020, so about a year ago, see how those performed and take a look at a couple more dividend stocks that we might want to look at for 2021. Before we get into that, Matt, I know you're someone who invests in a lot of dividend stocks. It's a big part of your portfolio. Why are dividends an important part of your investing process? DiLallo: One of the early things I've learned is that dividend stocks, especially those that could grow their payouts consistently, they tend to outperform other stocks, so that just stuck with me early on. It's just so nice to get paid for something you didn't do. It's like the first paycheck I got, I think it was Procter & Gamble, maybe $0.30 or something, really small. But to see that payment in my portfolio, just stuck with me and I've been investing in dividends ever since. Sciple: Absolutely. Like an analogy, I've just been kicking around in my brain recently, you know when you're a kid, and you play kickball, and there's not enough people to play the game, so you have ghost runners on base? You've got to knock the ghost runners out. I keep thinking about that as like investing. This money I worked, I put it away. I get to put these ghost runners on base and sometimes you get dividends. Those runners are coming home and you get that cash. That's the way I've been thinking about it. When you're looking for a dividend stock, Matt, what are some traits you look for? What are the criteria you're looking at? DiLallo: My dividend strategy has changed over time, because I've learned from all the mistakes that I've made as an investor, one of the early ones was yield. If you saw a 10% yield, I would think in my mind, that's great. I just sit back and collect the dividend. I don't have to worry about capital appreciation. But there's usually a reason for those bigger yields and I've had enough of those blow up over time to realize that yield isn't the first thing to look for, sustainability, durability, and more importantly, growth. As I mentioned, stocks that grow their dividends every year, there's been several studies out there that they tend to outperform the S&P 500. I've focused more on what companies can grow their dividends, not focusing so much on yield, but is this durable? That strategy's really paid off, especially this year. A lot of companies cut their dividends, but some of those that are really focused on that durability, they really shined this year. Sciple: Matt, that gives us a nice transition to talking about those stocks that we talked about back on the January 23rd, 2020 episode. We're going to do this in alphabetical order. I basically ripped it a page right out of David Gardner's book. He always goes through his five stock samplers in alphabetical order and gives you a comparison against the market. The first one in alphabetical order is Brookfield Infrastructure Partners (NYSE: BIP), ticker BIP. Since January 2020, up 14% in total return. These are dividend stocks, we want to look at total return lumping in the dividend. Trailing the S&P by just a little bit, S&P 17.9%. What can you tell us about what Brookfield Infrastructure does and what's happened to them over the past year or so? DiLallo: Brookfield Infrastructure, as the name implies, they own a bunch of infrastructure. In this case, they own pipelines, they own cell towers, data centers, all these backbone type things that you need to function the economy. They own those, and operate those, and they sign long-term contracts with governments and with companies. Those contracts pay them steady cash flow, and that's what they use to support the dividend. They've just really been a great company to own over the years, because we've learned how important infrastructure is to the economy and they've been on the forefront of bringing something out there for retail investors like myself to own this infrastructure that is just great long-term investments. Sciple: These are the things that are the arteries of the economy and things like that. You mentioned a couple of big acquisitions this year. Can you tell us about those? DiLallo: Brookfield, a lot of their growth is by acquisition. They bought cell towers in India, that was a big acquisition for them. They partnered with one of the big Indian telecom companies, bought a huge portfolio. It's backed by long-term contracts, and that's very important for mobile data. As we know in the United States, we use mobile data all the time with our cellphones, you're always checking videos when you're standing in line at the store or that sort of thing. This one's in India. The other thing was they bought a stake in Cheniere Energy Partners, which owns a big liquefied natural gas export facility in Louisiana. It's the first one that was ever built for export to the lower 48 states. They bought that stake from Blackstone Group, who really helped finance the construction of that product, and they want to monetize it. Two massive acquisitions, I think they've spent $1 billion total for that. Great businesses draw lots of cash, that's great for this dividend which is probably the main reason I'm buying Brookfield. Sciple: When you talk about the cell towers, obviously, with 5G coming on board, more and more demand for densification of those towers. Then on the LNG side, we saw a lot of strong performance in LNG this year, Matt. Does that say something about maybe they had some great timing with these acquisitions? DiLallo: Well, that's what's so great about Brookfield, they'll look for dislocations in the market. When times are tough, that's when Brookfield will go and buy stuff. Earlier this year, the energy market just went down the toilet and that's when Brookfield was out there looking for these types of acquisitions. They got a really good deal on Cheniere because at the time, LNG prices were low and they didn't know what was going on. But LNG is just so vital for this bridge fuel transition to renewable energy. It's so much cleaner than oil, and we can use it to generate power, and to do a lot of things. It's a great business backed by long-term contracts. But there is some upside to the LNG prices too with that structure. It was just great timing. I think it's going to be a good long-term deal for them. Sciple: We'll see what happens with Brookfield Infrastructure on those deals. As we look out into 2021, what are the prospects for the dividend to increase over time and deals on the horizon for them? DiLallo: Last year, Brookfield actually did pretty well despite the pandemic. They're going to be up on the year, which is really surprising, because they do have some economically sensitive businesses and toll roads in South America, and then they've got some railroads and ports. But as those bounce-backs, like the headwinds are going to be turning into tailwinds, you've got that. Then they expected that deal for the cell towers to close earlier in the year. It didn't close later in the year. That's going to be a benefit, the LNG deal. They could actually grow their earnings 20% this year, which is really a lot when you're thinking about a slow low-risk company, that's a lot. There is a lot of organic growth too, though. They bought businesses that they can do some expansion projects on. I think this is going to be a good year for their earnings and then dividend, they're targeting 5%-9% per year. I think they did 7% in 2020. I would say 7% would be a safe bet this year. If you have earnings growing at 20% and dividend growing only at 7%, that's going to make the dividend safe for a long-term. Sciple: When we got a new administration in place, there's this joke of it's always infrastructure week or maybe infrastructure week is coming once again here in 2021. Last thing before we move on from Brookfield Infrastructure, we always get the question about Brookfield Infrastructure Partners, that's ticker BIP. They've also come out with Brookfield Infrastructure Corporation (NYSE: BIPC), ticker BIPC, there's been a little bit of a difference in performance of those BIPC shares relative to BIP, also difference in the corporate form. Can you just walk us through the puts and takes of owning those two different entities as an individual investor? DiLallo: Yes. Brookfield Infrastructure Partners, BIP, that's basic, a master limited partnership. There's IRS regulations behind that of how much they have to pay out of the cash flow, and it's been a very popular energy sector in all past couple of years. But retail investors have moved away from that because MLPs themselves blew up because of the oil market downs. That's how Brookefield backed retail investors just don't like that structure. I can personally vouch for it. It's called the schedule K-1. It'll come sometime in late March, and if you want to do your taxes, you have to wait for that. It can impact getting a mortgage. I know for myself I had a couple of issues. I had to explain away that, no, I'm not an actual partner in a law firm. It's a publicly traded company. There's been those issues. Levy of those issues, Brookfield is creating corporations that just make it easier for the average investor to buy that and in IRS specifically, because a lot of IRS won't let you own a master limited partnership. It just opens them up to this whole extra industrial universe. That's really why you've seen that relative outperformance, because just the average side of investor that prepares a great company, this is a way that they can own it. It's been a really good idea for them. Sciple: Maybe you've seen some people selling the BIP shares and buying the BIPC shares incrementally. You have more demand for those BIPC shares from certain shareholders. I think over the long-term, we'd expect those to trade relatively near to each other, if not identically based on the assets that are underlying, correct? DiLallo: You would think so, but I think taxes will play a role in it. Some of the reasons that MLPs have underperformed is because the Trump tax cuts a couple of years ago made corporations, there wasn't such a big gap between corporate taxes and the MLPs that have these taxes. For example, if President Biden raises corporate taxes, that might make MLPs attractive again, and you can actually see it shift. Or you can just see investors just like, I don't want to deal with the hustle and they'll stick with the corporate [...] . Sciple: Something to keep our eyes on as this new year plays out. Let's move on to the second company on the list. It's Enterprise Products Partners (NYSE: EPD), ticker EPD, in the oil and gas space, so we had a little bit of a tough year in 2020, -9% total return versus 18% for the S&P, so -27 points in 2020. Matt, that begs the question, the stock lost money in 2020. How did that happen? I didn't know they allowed that. DiLallo: [laughs] Well, there's several reasons. The MLP piece that I mentioned, that's weighing on them because they're an MLP. The oil markets just blow up. That's been an issue. But here's the thing with these infrastructure companies. Basically, what enterprises do is they own infrastructure, they own pipelines, processing plants, storage facilities, all backed by long-term contracts, so their cash flow is pretty good. There were some volumes that for example, if they're gathering pipe in getting oil and gas from an actual well, if that well was turned off, they're not going to get paid unless they have a minimum value of contract. There was a little bit of that that's weighing on them. You also have just this [...] from investors that don't want oil and gas stocks there last year. We'll talk about this in a little bit. Renewables were just the thing. You've got that relative people just bailing on oil and gas, and going to renewables. There's just so many things that were weighing on it last year. Sciple: But the end of the day, I guess long-term demand for oil and gas, the long-term trajectory, I guess, hasn't been changed significantly when it comes to the pandemic. I guess that the demand for these pipes, do you think that's changed in a meaningful way as a result of what happened in 2020? DiLallo: I think it's still too early to tell. You have one camp that will say that the pandemic has just ruined oil and gas, we've hit the peak and it's never going to go higher again. Because for example, one of the things that was going to drive a lot of the demand was airlines. We were traveling a lot more for work. Here we are on Zoom right now. If that becomes the standard way that people do business meetings in the future, then you're not going to have the demand for airlines. On the converse side, if people just want to travel more overall, and people want to do these meetings face-to-face, then we'll see a bounce back. I really think it's up in the air and that's why I'm bleary about adding too much of these right now. But if you're just looking for stability, I still think there's a lot of oil and gas that we're going to consume in the years ahead. I think they're going to generate a lot of cash for at least a decade or two more. Sciple: You look at the dividend yield today, you mentioned earlier you see these high dividend yields. You want to be a little bit skeptical there, they are in the 8% range, how reliable do you see that payout being today? Any concerns there? DiLallo: I don't have any concerns with them. There's lots of other energy ones that are in that same range or higher than I would have concerns with. But they generate a lot of cash, they have a lot of diversification. I think they cover by 1.6 times their cash flow, that's around a 60%-something payout ratio. That's pretty good. Then that other 40% or so cash, completely funds their expansion projects and they're not expanding as much anymore. That expansion spending's going to come down. That's actually going to allow them to generate excess cash, which they still probably use to buy back some of these cheap units. They have a great balance sheet, investment-grade, so paying off debt isn't an issue. They're just very well-positioned as the energy market bounces back. They can start doing acquisitions to fill in gaps in their system. I really think that they're going to be one of the long-term winners for whatever the energy market has. Sciple: Absolutely. I think we're still going to be using oil and gas going forward. Obviously, we're going to be driving around, using oil for all the composites and things like that, plastics that use oil. This infrastructure is going to be important. The other thing you mentioned, Matt, about this idea, they're not expanding as much. It's hard to build a new pipeline. One of the first acts of the new administration this week was to sign an order canceling the permit with the Keystone XL Pipeline. This is something that's been back and forth, been a regulatory football going all the way back to 2008. But now it looks like there's finally the nail in the coffin of that pipeline project that was planned to take oil down from Canada down to the Gulf Coast of the U.S. for refining and things like that. Enterprise products, obviously, in the oil pipeline space. How does this regulatory action impact these other companies in the sector? DiLallo: It could have a big impact because there's been issues with pipelines, like that Keystone XL is only one example of the many pipelines that they've had problems getting built over the years, just because there is just this 'not my backyard' sentiment. The environmentalists and others that are conscious of the environment, why build the pipeline when we could spend that putting in a wind farm or something that's actually good for the environment? I think these are going to be much more reluctant to build pipelines in the future. I know William's Company; a big natural gas pipeline company. They came out with their CEO and said, I don't think it makes sense to even pitch new pipeline projects right now. They had a problem getting a natural gas pipeline built and natural gas that we talked about. It's a great bench trial even for those who have trouble getting built. To build new pipelines, I think it's going to be problematic in the future. Companies are going to have to get really creative. I know TC Energy who wants to build Keystone XL, they've talked about spending an extra $700 million to basically make that more of a greener project through solar power, wind power, and those sorts of things to reduce the carbon footprint. If something like that is found acceptable, then maybe two more pipelines get built. But I think we're in for several years where we're not going to see many pipelines built and that could cause problems down the road, because if we do end up needing more oil and gas because of demand increases, then we're just not going to have the infrastructure to move that around. Sciple: You hear Warren Buffett and Charlie Munger talk about they're not going to put it in new railroads and maybe to a certain extent we're seeing things play out. So, maybe we're not going to put in new pipelines, so there's puts and takes here. But for Enterprise Products, they should be in a position to continue producing cash flow on a reliable basis going forward. Any final thoughts on that company as a future investment? DiLallo: Yeah, I think there's two types of messages that you want to consider as value investors, because of the stock following last year and it's been down for a couple of years. It's just trending really cheap relative to its cash-flow. If you have that kind of value bend, especially in the overheated market, where everything seems to be trading at such a premium, pipeline stocks in general are an interesting place to look for value. Then, if you're looking for yield, I really have a lot of confidence in this enterprise's yield. I think that one is one of the safer ones in that sector. But on the converse side, you have to put up with those K-1s and that's something to keep in mind too. Sciple: Right, if they were able to maintain the dividend through what we just saw in 2020, you've been stress-tested for what could happen in a terrible scenario. We'll see what happens going forward. But I think for a dividend investor, Enterprise is still an attractive company to invest in. If you're looking for growth, some of these challenges around building new pipelines might limit just how big this oil industry can get, but we shall see. That last pick, Matt, NextEra Energy. This is the one that's really performed quite well. 32% total return, the No. 2 overall performer in the utilities sector, outperforming the S&P by 14%. What can you tell us about NextEra? DiLallo: It's really so surprising sometimes, when you see what stocks do so well. NextEra is a utility. You think of utility as the slow-growth, sluggish, they pay a dividend, but NextEra, in addition to the utility, they own this massive utility in Florida, but they have one of the biggest renewable energy businesses in the world. That's really what's been driving them. They've been a great total return play for the past decade and a half, because of this renewable energy. They've been really early in renewable energy, they're really good at building these projects and that enables them to keep growing. Last year, it helped to offset some demand issues with electricity and it's the story with NextEra right now. Sciple: Right. They have made the blueprint for some of these utilities. They leaned into renewables, the earliest they have. The market has rewarded them with, I think they are the highest valued utility on the market, Matt, I mean, do you know that off-hand? DiLallo: At one point they were the top energy stock in the country, like, more than Exxon and more than Chevron. Yeah, they've just really been highly rewarded for this. Sciple: Absolutely. So obviously, incredible performance looking backwards, they are in this Florida market, which obviously is going to continue to grow. We hear about everybody moving to Miami. Right now, there are setups for renewables from a wind and solar point-of-view. I guess when you look out going forward, there's been such great returns for the stock in the rearview mirror. What are the prospects for continued promising returns from here? DiLallo: Yeah, they've got a huge pipeline of projects. Oftentimes I heard they have 15 gigawatts of renewable energy products, the biggest in the world. Their pipeline of new projects is bigger than that. They're basically going to double their size over the next couple of years. Now, they'll sell some of these and it will help finance it, but they just have this huge backlog of projects. It's only going to get better, because the cost of solar panels, specifically in battery storage, is coming down to where NextEra thinks by 2023, 2024, it will be cheaper to build solar projects with battery storage. That makes it basically steadier power than a new natural gas power plant. That's just game-changing as far as the energy industry goes. They're just a leader in battery storage, they're a leader in solar, so lots of growth coming out from them and that's reflected in what they see ahead, they see 10% earnings growth this year. Remember, utility, 10% earnings growth is pretty fantastic. Then +68% for 2022, '23 on top of that, that's really good growth for what's one of the lowest risk companies out there, top-notch balance sheet, one of the most conservative payout ratios for the dividend in the utility sector. It's a great way to play this growth. Sciple: Yes, there is opportunity. I think you look at NextEra, it's hard to find, you look at the past performance, you look at the opportunity going forward, you look at the enthusiasm around renewable energy. It's really hard to tell yourself a story about why things go wrong. But I'm going to ask you to do that, Matt, just because we said so many nice things about it. Tell a story about how NextEra Energy, as an investment, might go wrong. DiLallo: We kind of mentioned valuation is becoming an issue in the stock market itself. I think that's one thing that could become an issue. If you had a stock market crash just based on valuation. That could impact NextEra because they need to sell stock to help finance the growth. We mentioned that Enterprise, they are self-funding all their growth. NextEra is really reliant more on the market to help fund their growth. They have their own partnership called NextEra Energy Partners, and they use that to help fund the equity portion of their growth. If they can't sell stock either through that partnership or through themselves, that could impact their ability. They might have to take on too much debt. So, that's just one example of how what looks like a no-brainer could blow up. Sciple: We shall see. Hopefully, that doesn't happen, but if it does, we'll be here to talk about it Matt. On this overall portfolio from 2020, down about 17 points behind the S&P when you lump everything together, obviously, got whacked a little bit with Enterprise Products. Even if it's thoughts on that overall and just from a dividend and kind of income point of view, how do you think this portfolio held up? DiLallo: With income, dividends type socks, it's tough to measure them against S&P 500. That's not your goal. For a lot of dividend-type of investments, now, I would love to outperform the S&P 500. That is my personal goal, but I'm OK with getting some underperformance for one-year as long as I'm getting that income. As for me personally, I use that to buy higher-growth stocks. A lot of people reinvested right in that company, or they'll spend that money. But for 11% return from low-risk dividend stocks, I mean, I will take that year-in, year-out, no problem. Sciple: Yeah, and again, I think if you told me that we would hold up as well as we did, especially on the oil side of the business, the pipeline business with all that kind of volatility throughout the year, I think they think things performed pretty well, all things considered. But we will track back next year to see how that portfolio is continuing to do. We've got a couple of more stocks to add to the list that we can check back on, Matt. First one on the list for 2021; Brookfield Renewable. We've talked about this one a ton, but for folks who haven't heard us talk about it before, what can you tell us about Brookfield Renewable? DiLallo: Well, if you remember at the beginning of the segment, we talked about Brookfield Infrastructure. This is the sibling company that they focus on. The name suggests renewable energy. They're mostly hydropower, that's where they got their start. But they also own wind farms and they've gotten into solar in the past couple of years and they sell that under long-term fixed-rate contracts they call PPA, power purchase agreements, basically utilities and other big end-users and generate very steady cash flow. They use that cash to pay the dividend and then they'll reinvest some of it to build new projects and to make acquisitions. Sciple: Right. I mean, this is a company that ever since I've come on this podcast, I've been hosting the podcast for 3.5 years. We've been talking about Brookfield Renewable as a great way to invest in renewable energy the whole time and it's been a great performer. Can you talk about kind of a track record of performance and I guess what opportunities you see for continued growth from here? DiLallo: In terms of the stock, Brookfield Asset Management is the company behind these two entities and they're just so good. They are, in my opinion, up there with the Warren Buffetts of the world. Obviously not as good as him, but they just have a great takeaway kind of allocating capital. They know how to make value investments and so they look at it more from that value side of things. They'll look for opportunities to buy renewable portfolios cheaper. For example, a company might be struggling financially, until they'll grab their renewable business. They've used that to build these pipelines of projects and that's really helped them outperform. They always maintain a top-notch balance sheet, it lets them access capital cheaper and they're always looking for returns. For a long time, renewables was all about the government incentives. But as costs have come down, you've had these return focused companies like Brookfield getting in there. Brookfield, they know how to make money. That's a big thing, they know how to make money from solar now. They've figured out the best ways for solar. They see so much growth in solar alone, because of how good the return is going to be with the cost coming down. That's just for me, it's really exciting to see. Sciple: Yeah. You look at this with Brookfield Renewable, it's the same type of factors we saw earlier of the Brookfield Infrastructure Partners and Brookfield Infrastructure Corporation, there's also a Brookfield Renewable Corporation; BEPC. Is it the same puts and takes your anything special to talk about relative to what we talked about earlier? DiLallo: Yeah, it's the same as everything. In this case, they use that to acquire the rest of TerraForm Power, which is another renewable company that they own a stake in. In this case, they use that like an acquisition currency and that's something that I keep an eye on, whether they used to make other acquisitions in the space in the future. Sciple: Then last thing, Matt, as we look at opportunities in the future, you mentioned there's push into solar with TerraForm Power. Historically they had been a predominantly hydro-power business. They still, I think, hydro-power as the majority of what's bringing in revenues for the company. But as far as future opportunities where they see room for growth, what are we seeing from this business? DiLallo: They're going to become a solar dominated company in the next few years. They bought several pipelines of development projects, the company in, I think it was Spain, called x-Elio, a huge, massive pipeline of projects. They just bought Exelon, which is a utility in the United States. They bought their solar business, which came with a pipeline. They bought a huge project in Brazil, one of the largest solar projects in the country, and they believe they can get a 20% return on investment from that project. So, lots of solar growth is coming down for them. They think within 10 years, solar could be the dominant business for them and that's not because they don't like wind or hydro. It's just the returns that they can get because of how low-cost solar has become. It's just too good to pass up. Sciple: Right. These guys go where the money is, where they can make the money and they have these cash flows coming in from those other assets that they can redeploy. So really, lots of runway for them. They performed well in the past and hopefully, they continue to do so in the future and we'll keep talking about them on the podcast. So Matt, your other stock you have for us is Clearway Energy (NYSE: CWEN), C-W-E-N is the ticker and this is another one that if you look at past performance, has performed quite well. So, it was the top performer in the utility sector in the year 2020. DiLallo: Yeah, they really did a great job last year. Part of that is one of their top customers is California utility, PGE. They had gone bankrupt and that kind of weighed on them and that bankruptcy you got settled, and so that's freeing up the cash flow that was kind of tied to that company, because their lenders restricted any cash that came from that, because they wanted to make sure that they got paid, and that freed up that cash flow and they were able to reduce the dividend. 59% last year was the dividend increase, and then they will use whatever cash they had kind of built up over the past year to make acquisitions and they just made several investments. And it's a similar concept to the Brookfield Asset Management, Brookfield Renewable partnership, where they have actually two parents in their level. There's a private equity fund called Global Infrastructure Partners and they own their other parent, which is Clearway Energy Group and Clearway Energy Group develops renewable energy projects. So you have these two parents that supply them with deals. So, Global Infrastructure, for example, in the past have bought natural gas generating plants. So, natural gas power plants, and then they'll sell it down and then Clearway Energy Group, they'll develop a wind farm and then sell it down. So you have these two growth drivers that just give them all these opportunities to make acquisitions and investments which, given the dividend, the power needs to grow. Sciple: Right. So obviously, we're not going to see a 59% increase in the dividend here in 2021 or maybe pass that catalyst. But when you look out to this next year, still lots of opportunities for continued reinvestment with these partners? DiLallo: Yeah, they're looking at 5% to 8% dividend growth for several years, probably 8% this year because of all the acquisitions last year, and a lot of the acquisitions they've made also have like a longer-term catalyst, like, for example, they are invested in portfolio projects that clearly Energy Group is developing, and as each project comes online, that's when they will close the acquisition, they will get that cash flow, and that gives them pretty good solid visibility into hopefully out to 2023. So you've got selling growth coming, so that gives them a steady growing dividend. As long as investors don't sour on renewable energy, the total returns can still be decent from here. Sciple: Right, and it's hard to envision a future where we're going to turnaround on renewable energy, just given how much forest is behind it from a public will point of view, political point of view, all those sorts of things. Maybe last question for you Matt, we're talking about Clearway Energy, talking about Brookfield Renewable, both of these are part of the yield-co-type investments on renewable energy and we talked about these a lot as an area that you want to look at as compared to solar panels, or some of these other sub-sectors, or at least we're looking for reliability and then something that's not going to be as volatile. Can you explain why that area is something that you look at specifically for investments? DiLallo: It goes to how they're structured in their companies. You can kind of almost compare these utilities, these yield-cos, to the pipeline companies in the oil and gas industry and then, for example, your solar panel manufacturers have a lot of comparability to an oil and gas producer, their sales go up and down with demand, and right now demand for solar panels is going to be through the roofs. That's not so much an issue. But you're looking at that infrastructure, that steady cash flow and so for dividend, that's what you wanted, that steady cash flow as opposed to the volatility that you will get -- like solar panels this year, there were some declines because of the pandemic, didn't impact returns, but it could in the future, there is a year where they've changed the tax structure or there's just a bad year for solar, that could really hit solar stocks, but it wouldn't so much for the cash flows of one of these yield-cos. Sciple: Right. So, there's a lot more volatility in demand for putting in place renewable energy installations route versus once you're already producing power, listen, man, if the economy is good or the economy is bad, I need to turn the lights on at night and I need to turn the heat on and all those sorts of things are a lot less volatility in the demand for that product that they're serving if you want to talk about it that way. DiLallo: Yes, that's definitely how I would put it, and that stability is so key for dividends. Because when you have that stable cash flow, and a lot of these contracts will be 10 to 15 years. So, you're just sitting back and collecting that income for a while. Sciple: Automatically, that's Brookfield Renewable Energy and that's Clearway Energy. You had one last watchlist stock for us. We always love stock picks, so I figured maybe we'll run a little bit long. We will give an extra stock pick there. Can you tell us about that one for us? DiLallo: So this is kind of going off the energy beaten path, but [...] a couple of REITs for the Motley Fool and this is a real estate investment trust and so these type of -- Sciple: Gladstone Land is the name of it. Sorry. Sorry, Matt. I hadn't introduced it to all for you. Gladstone Land is the name of the company. DiLallo: Yeah, sorry, Gladstone Land, it's a real estate investment trust and it owns farmland, which I think that's kind of unique. There are actually two out there that own farmland. You're not talking about your crops, you grow cornfields; they'll own like a pistachio orchard and strawberry farm and they lease that back to a farmer, actually farms, and they get paid rent on that and they pay +3% dividend monthly, and so who doesn't want to get paid monthly as opposed to quarterly? They had a good track record of growing at, I think it's 21% or 24% for the last 24 quarters, they've increased that dividend, and it's just a neat way to kind of play the food's growth that we have in the country and the world, it's safer, as in a more stable cash flow way. Their balance sheet is kind of a concern of mine. They're not like an investment-grade rated company by any means. So, that's kind of a concern, but it's just something that's on my watchlist and so I thought I'd throw it out there. Sciple: Awesome, I have never heard of this company. This is my first time hearing about this company, but the one fact that you have about farmland, as I saw a headline the other day, that apparently Bill Gates is now the biggest owner of farmland in the U.S. Bill Gates, smart guy, if he thinks it's a good investment, maybe I should pay a little bit of attention, will see. DiLallo: Yeah and even Warren Buffett, there's a story about Heyman farmland that he bought a farm a long, long time ago and just the appreciation of the land value really did well for him. So, Farmland is an interesting investment. There aren't too many ways to invest in it, and that's why it's kind of an interesting stock. Sciple: We might need to do a whole episode on farming stocks if folks are interested, and if you are, let me know. E-mail us at industry@fool.com. Matt, thanks so much for coming on the show to share your thoughts and your stock ideas. Before we go away, I wanted to ask you one last question. We've talked about dividend stocks, reviewed some dividend stocks, looked at some picks going into the future; for folks who are listening, that are income investors, folks who are looking to invest in dividend stocks, what's your best piece of advice for those folks? DiLallo: Do not look at the yield first. That has just been a bad practice for me in the past. Look at sustainability, look at the balance sheet. Look at if it's in a growth industry, but do not focus on that yield because that will burn you. Sciple: Yeah. We said it twice because it's important, folks. So, remember it. As always, people on the program may own companies discussed on the show and The Motley Fool may have formal recommendations for or against the stocks discussed, so don't buy or sell anything based solely on what you hear. Thanks to Tim Sparks for mixing the show, for Matt DiLallo, I'm Nick Sciple. Thanks for listening and Fool on! Matthew DiLallo owns shares of Brookfield Infrastructure, Brookfield Infrastructure Partners, Clearway Energy, Inc., Enterprise Products Partners, and NextEra Energy. Nick Sciple has no position in any of the stocks mentioned. The Motley Fool recommends Brookfield Infrastructure, Brookfield Infrastructure Partners, Enterprise Products Partners, and NextEra Energy. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-01-27,28.4378,28.6253,27.3591,27.4147,
EXC,2021-01-28,27.5154,28.6322,27.4011,28.0958,
EXC,2021-01-29,27.8086,28.0626,27.4011,27.7753,
EXC,2021-02-01,27.9825,28.2843,27.5506,28.1241,
EXC,2021-02-02,28.3841,29.0288,28.1241,28.6381,
EXC,2021-02-03,28.6381,28.6839,28.1905,28.3909,
EXC,2021-02-04,28.4046,29.192,28.3234,29.1862,"[""Brookfield Renewable Boosts Dividend by 5% After a Bumper 2020 Brookfield Renewable Partners (NYSE: BEP) (NYSE: BEPC) reported its fourth-quarter and 2020 results Thursday morning, and it didn't disappoint. While delivering record results for the year, the renewable energy company has also given income investors a reason to cheer: a 5% increase in its dividend. Here's a quick look at Brookfield Renewable's key fourth-quarter and 2020 numbers. METRIC Q4 2020 Q4 2019 CHANGE FY 2020 FY 2019 CHANGE Power generation 6,583 GWh 5,977 GWh 10.1% 26,052 GWh 26,038 GWh -- Normalized funds from operations (FFO) $265 million $167 million 58.7% $924 million $725 million 27.5% FFO per unit $0.41 $0.28 46.4% $1.52 $1.24 22.6% GWh = gigawatt hours. Data source: Brookfield Renewable Partners. In the company's earnings press release, CEO Connor Teskey said: \""2020 was another year of significant growth for our business. Despite the economic challenges around the world, we delivered record results and continued to broaden our operations, as we look forward to a multi-decade opportunity to advance decarbonization and assist with the transition of global electricity grids to a more sustainable future.\"" Image source: Getty Images. Thanks to higher power generation buoyed by organic growth and acquisitions, Brookfield Renewable's normalized funds from operation (FFO) per unit jumped nearly 23% in 2020. While the company's hydropower generation was in line with its long-term average rate, its wind and solar segments reported 51% growth in FFO during the year thanks to acquisitions like that of TerraForm Power. In December, Brookfield Renewable also struck a deal to acquire Exelon's (NYSE: EXC) distributed solar energy business for roughly $810 million in a deal expected to close in the coming months. Brookfield's development pipeline now stands at 23,000 megawatts, which is a significant improvement over the 13,000 megawatts from a year ago. The company also ended 2020 with a strong balance sheet, with liquidity of nearly $3.3 billion and no material debt maturing in five years. Encouraged by strong FFO growth and in keeping with management's long-term target of 5% to 9% annual dividend growth, Brookfield Renewable announced a 5% increase in its dividend, which translates into an annual $1.215 per unit. That's a nice boost for a stock now yielding 2.5%. Brookfield Renewable's significant pipeline growth and dividend increase come at a time when renewable energy has become the talk of the town, with President Joe Biden proposing a $2 trillion climate plan emphasizing clean energy. For investors, that should only add to the stock's appeal. 10 stocks we like better than Brookfield Renewable Partners L.P. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Brookfield Renewable Partners L.P. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2020 Neha Chamaria has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Brookfield Renewable Earnings Soar as Acquisitions Pay Big Dividends Brookfield Renewable (NYSE: BEP)(NYSE: BEPC) capped a big year by producing strong fourth-quarter results. The leading global renewable energy producer benefited from its acquisition of the rest of TerraForm Power and other transactions to deliver significantly higher cash flow during that period and for the full year. It also benefited from surging demand for renewable energy to sign several additional power purchase agreements and expand its extensive backlog of development projects. Digging into Brookfield Renewable's fourth-quarter results METRIC Q4 2020 Q4 2019 YEAR-OVER-YEAR CHANGE Actual generation 6,583 GWh 5,977 GWh 10.1% Funds from operation (FFO) $201 million $171 million 17.5% Normalized funds from operation $265 million $167 million 58.7% Normalized FFO per unit $0.41 $0.28 46.4% Data source: Brookfield Renewable. Brookfield Renewable generated 10% more electricity than the prior year, which helped power a double-digit surge in cash flow. The company benefited from the strong results of its wind, solar, and energy transition business units: Data source: Brookfield Renewable. Chart by author. FFO from Brookfield's hydroelectric operations dipped 1.3% during the fourth quarter and was down 6.8% for the full year. The primary issue was drier conditions across its fleet, especially in areas where it has higher-valued contracts. FFO from its wind and solar businesses surged 93.8% and 225%, respectively, during the fourth quarter and were up a combined 51% for the full year. Brookfield benefited from acquisitions -- primarily buying the rest of TerraForm Power that it didn't already own -- and the commissioning of 440 megawatts (MW) of development projects during the year. Finally, the company's energy transition segment increased its FFO by 75% during the fourth quarter and by more than 47% for the full year. This segment benefited from providing grid-stabilizing ancillary service and backup capacity from its storage assets, helping address the intermittency issues of renewable energy in the power grid. Image source: Getty Images. A look at what's ahead for Brookfield Renewable Brookfield made significant progress expanding its operations last year. It invested $2.5 billion across 10 transactions, increasing the scale of its global renewable energy portfolio. The company completed 460 MW of development projects and made progress on 4.2 gigawatts (GW) of additional development projects that are now under construction or in advanced-stage permitting. Meanwhile, it increased its development pipeline to 23 GW, which is larger than its existing 19 GW operating portfolio. The company also formed Brookfield Renewable Corporation, which expanded its investor base. Many of the company's recent acquisitions have development upside, meaning the transactions will immediately bolster FFO while providing an additional boost in the future as those projects come online. In December, the company agreed to acquire the solar energy business of utility Exelon (NYSE: EXC) for $810 million. These assets include 360 MW of operating capacity and a development pipeline of more than 700 MW. In December, Brookfield also agreed to purchase the Shepherds Flat wind farm in Oregon for $700 million. The facility currently produces 845 MW of power, making it one of the country's largest onshore wind farms. However, it includes a repowering project to replace the turbines with larger ones that generate more power. This project could increase the farm's capacity by 25% when it comes online in 2022. Brookfield also purchased a late-stage wind development project in Brazil that will have 270 MW of initial capacity with an option to expand it by 200 MW in the future. This strategy of acquiring assets with development upside enhances Brookfield's growth prospects. That increases the probability that the company can deliver its target to grow its FFO at an annual rate of 11% to 16% over the next five years. That would support its plan to boost its dividend at an annual rate of 5% to 9%. One of the brightest futures in renewable energy Brookfield Renewable is benefiting from the global decarbonization megatrend. That's allowing it to secure lucrative power purchase agreements for its existing renewable energy capacity as legacy ones expire and fully contracted development projects are sanctioned. When combined with scale-related cost reductions and its ability to continue investing in high-upside opportunities, those dual power sources put the company on a path to significantly expand its cash flow in the coming years. That should enable Brookfield Renewable to continue generating strong total returns for its investors. 10 stocks we like better than Brookfield Renewable Partners L.P. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Brookfield Renewable Partners L.P. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2020 Matthew DiLallo owns shares of Brookfield Renewable Inc. and Brookfield Renewable Partners L.P. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-02-05,29.3864,29.4324,28.9311,29.192,
EXC,2021-02-08,29.2467,29.3864,29.0758,29.2331,
EXC,2021-02-09,29.3591,29.407,28.9448,29.1197,
EXC,2021-02-10,29.2926,29.3269,28.771,28.9517,
EXC,2021-02-11,29.0386,29.0386,28.5081,28.5638,
EXC,2021-02-12,28.4837,28.7182,28.0762,28.2112,
EXC,2021-02-16,28.1701,28.3303,27.9893,28.0567,
EXC,2021-02-17,28.0235,28.2668,27.7489,28.1838,
EXC,2021-02-18,28.1632,28.729,28.1095,28.5384,
EXC,2021-02-19,28.0762,28.2706,27.5281,27.6561,
EXC,2021-02-22,27.5251,27.5408,26.8462,27.1345,
EXC,2021-02-23,27.3005,27.4011,26.9536,27.2682,"Pre-Market Earnings Report for February 24, 2021 : LOW, RY, TJX, EXC, CQP, HZNP, ETR, LNG, ELAN, BHC, RGEN, WEX The following companies are expected to report earnings prior to market open on 02/24/2021. Visit our Earnings Calendar for a full list of expected earnings releases. Lowe's Companies, Inc. (LOW) is reporting for the quarter ending January 31, 2021. The building company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.22. This value represents a 29.79% increase compared to the same quarter last year. In the past year LOW has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 0.51%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for LOW is 19.70 vs. an industry ratio of 18.80, implying that they will have a higher earnings growth than their competitors in the same industry. Royal Bank Of Canada (RY) is reporting for the quarter ending January 31, 2021. The bank (foreign) company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.69. This value represents a 8.65% decrease compared to the same quarter last year. RY missed the consensus earnings per share in the 2nd calendar quarter of 2020 by -31.86%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for RY is 13.00 vs. an industry ratio of 14.00. TJX Companies, Inc. (TJX) is reporting for the quarter ending January 31, 2021. The discount retail company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.61. This value represents a 24.69% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2021 Price to Earnings ratio for TJX is 154.56 vs. an industry ratio of 29.90, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation (EXC) is reporting for the quarter ending December 31, 2020. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.73. This value represents a 12.05% decrease compared to the same quarter last year. In the past year EXC has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 19.54%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for EXC is 12.85 vs. an industry ratio of 18.50. Cheniere Energy Partners, LP (CQP) is reporting for the quarter ending December 31, 2020. The consensus earnings per share forecast from the 5 analysts that follow the stock is $0.68. CQP reported earnings of $0.87 per share for the same quarter a year ago; representing a a decrease of -21.84%.CQP missed the consensus earnings per share in the 3rd calendar quarter of 2020 by -129.63%. Horizon Therapeutics Public Limited Company (HZNP) is reporting for the quarter ending December 31, 2020. The biomedical (gene) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.05. This value represents a 87.50% increase compared to the same quarter last year. In the past year HZNP has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 74%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for HZNP is 25.93 vs. an industry ratio of 17.40, implying that they will have a higher earnings growth than their competitors in the same industry. Entergy Corporation (ETR) is reporting for the quarter ending December 31, 2020. The electric power utilities company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.68. This value represents a no change for the same quarter last year. In the past year ETR has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 0.83%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for ETR is 15.79 vs. an industry ratio of 18.50. Cheniere Energy, Inc. (LNG) is reporting for the quarter ending December 31, 2020. The consensus earnings per share forecast from the 6 analysts that follow the stock is $0.79. LNG reported earnings of $0.71 per share for the same quarter a year ago; representing a a increase of 11.27%.LNG missed the consensus earnings per share in the 3rd calendar quarter of 2020 by -52.63%. Elanco Animal Health Incorporated (ELAN) is reporting for the quarter ending December 31, 2020. The medical (outpatient/home care) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.09. This value represents a 60.87% decrease compared to the same quarter last year. ELAN missed the consensus earnings per share in the 1st calendar quarter of 2020 by -45.83%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for ELAN is 69.50 vs. an industry ratio of -1.00, implying that they will have a higher earnings growth than their competitors in the same industry. Bausch Health Companies Inc. (BHC) is reporting for the quarter ending December 31, 2020. The medical company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.11. This value represents a 3.48% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2020 Price to Earnings ratio for BHC is 8.39 vs. an industry ratio of 0.70, implying that they will have a higher earnings growth than their competitors in the same industry. Repligen Corporation (RGEN) is reporting for the quarter ending December 31, 2020. The biomedical (gene) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.31. This value represents a 55.00% increase compared to the same quarter last year. In the past year RGEN has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 42.86%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for RGEN is 146.37 vs. an industry ratio of 17.40, implying that they will have a higher earnings growth than their competitors in the same industry. WEX Inc. (WEX) is reporting for the quarter ending December 31, 2020. The financial transactions company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.24. This value represents a 48.12% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2020 Price to Earnings ratio for WEX is 44.47 vs. an industry ratio of -110.50, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-02-24,26.7543,27.575,26.7338,26.8598,"[""Exelon Q4 Earnings, Revenue Beat Estimates- Quick Facts (RTTNews) - Exelon Corporation (EXC) reported fourth-quarter net income of $360 million or $0.37 per share lower than $773 million or $0.79 per share in the same quarter a year ago. Earnings on an adjusted basis of $0.76 per share beat the average estimate of analysts polled by Thomson Reuters at $0.69 per share. Analysts' estimates typically exclude special items. Revenue for the quarter also decreased to $8.117 billion from $8.343 billion last year, but came in above the estimates. The consensus view was for $7.9 billion. Looking forward to the year 2021, the company sees adjusted earnings to be in the range of $2.60 per share -$3.00 per share. The consensus estimate stands at $2.96 per share. In a separate statement, Exelon announced its decision to separate Exelon Utilities and Exelon Generation into two publicly traded companies. Exelon Utilities (RemainCo) is comprised of six regulated electric and gas utilities, and Exelon Generation (SpinCo) is the company's competitive power generation and customer-facing energy business. \""Now is the right time to take this step to best serve our customers, employees, community partners and shareholders. These are two strong, distinct businesses that will benefit from the strategic flexibility to focus on their unique customer, market and community priorities,\"" said Christopher M. Crane, president and CEO of Exelon. EXC shares are up 1.72% in the pre-market trade on Wednesday. Tuesday, the stock closed at $40.80, up 0.49%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon to split in two, expects losses from Texas freeze By Scott DiSavino Feb 24 (Reuters) - Exelon Corp EXC.O on Wednesday announced plans to split the company into regulated and unregulated businesses and gave an update on the impact of the Texas freeze on its power and gas operations. The company, which released earnings earlier in the day, said it plans to separate its regulated electric and gas utility businesses from its unregulated power generation and customer-facing energy businesses and create two publicly traded companies. Analysts said this was not a surprise since the company had previously indicated it was considering such a split. Exelon reported fourth-quarter adjusted earnings per share (EPS) of 76 cents, above the 69 cents expected by analysts but down from 83 cents in the fourth quarter of 2019. The recent weather events in Texas, however, caused the company to set its earnings guidance range for 2021 at $2.60-$3.00 per share, the midpoint of which falls below analysts' $2.96 estimate for the year. Exelon said its generation in Texas, specifically its Colorado Bend II, Wolf Hollow II and Handley plants, experienced periodic outages as a result of the historic cold. Those unit outages came at the same time demand for power and natural gas soared in Texas and some power and gas prices hit record highs, resulting in what the company estimated would be a negative impact to first-quarter net income of $750 million to $950 million pretax or $560 million to $710 million post-tax. \""This loss is not acceptable to us,\"" Exelon CEO Christopher Crane told analysts on a call. Crane said the company plans to mitigate that loss through one-time cost reductions and deferral of nonessential maintenance, which are expected to reduce the cash impact to $200 million. COMPANY SPLIT Exelon Utilities will include the company's six regulated electric and gas utilities, delivering electricity and gas to about 10 million customers. Meanwhile, Exelon Generation will be the largest supplier of clean energy, backed by more than 31,000 megawatts of generating capacity of nuclear, wind, solar, natural gas and hydro assets, the company said. The split is expected to be completed in the first quarter of 2022. Exelon shares were down about 1.7% at $40.10 near the close of trading on Wednesday. (Reporting by Arathy S Nair in Bengaluru and Scott DiSavino in New York Editing by Amy Caren Daniel and Matthew Lewis) ((arathys.nair@thomsonreuters.com; +1 646 223 8780 (Extn 2726); Twitter: https://twitter.com/ArathySom;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp Q4 adjusted earnings of $0.76 per share (RTTNews) - Exelon Corp (EXC) revealed earnings for fourth quarter that declined from last year. The company's earnings came in at $360 million, or $0.37 per share. This compares with $773 million, or $0.79 per share, in last year's fourth quarter. Excluding items, Exelon Corp reported adjusted earnings of $746 million or $0.76 per share for the period. The company's revenue for the quarter fell 2.6% to $8.12 billion from $8.34 billion last year. Exelon Corp earnings at a glance: -Earnings (Q4): $746 Mln. vs. $810 Mln. last year. -EPS (Q4): $0.76 vs. $0.83 last year. -Revenue (Q4): $8.12 Bln vs. $8.34 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-02-25,26.6742,26.7338,25.6336,26.0107,"Exelon (EXC) Shares Cross Below 200 DMA In trading on Thursday, shares of Exelon Corp (Symbol: EXC) crossed below their 200 day moving average of $39.55, changing hands as low as $38.95 per share. Exelon Corp shares are currently trading down about 1.9% on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $29.28 per share, with $48.30 as the 52 week high point — that compares with a last trade of $39.44. The EXC DMA information above was sourced from TechnicalAnalysisChannel.com Click here to find out which 9 other energy stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-02-26,26.0968,26.386,25.7773,25.7968,
EXC,2021-03-01,26.0909,26.6537,26.0655,26.2716,
EXC,2021-03-02,26.2589,26.5335,26.2442,26.2716,
EXC,2021-03-03,26.1377,26.56,25.9648,26.4182,"[""Exelon Corp (EXC) Q4 2020 Earnings Call Transcript Image source: The Motley Fool. Exelon Corp (NASDAQ: EXC) Q4 2020 Earnings Call Feb 24, 2021, 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Ladies and gentlemen, thank you for standing by, and welcome to the Exelon Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions] I would now like to hand the conference over to one of your speakers today, Dan Eggers, Senior Vice President, Corporate Finance. Sir, please go ahead. {%sfr%} Daniel L. Eggers -- Senior Vice President, Corporate Finance Thank you, Michelle. Good morning everyone, and thank you for joining our fourth quarter 2020earnings conference call Leading the call today are Chris Crane, Exelon's President and Chief Executive Officer and Joe Nigro, Exelon's Chief Financial Officer. They're joined by other members of Exelon senior management team who will be available to answer your questions following our prepared remarks. We issued our earnings release and separation announcement release this morning, along with a presentation, all of which can be found in the Investor Relations section of Exelon's website. The earnings and separation announcement release and other matters which we discuss during today's call contain forward-looking statements and estimates that are subject to various risks and uncertainties. Actual results could differ from our forward-looking statements based on factors and assumptions discussed in today's material and comments made during this call. Please refer to today's 8-Ks and Exelon's other SEC filings for discussions of risk factors and other factors, including uncertainties surrounding the plant separation that may cause results to differ from management's projections, forecasts and expectations. Today's presentation also includes references to adjusted operating earnings and other non-GAAP measures. Please refer to the information contained in the appendix of our presentation and our earnings release for reconciliations between the non-GAAP measures and the nearest equivalent GAAP measures. I'll now turn the call over to Chris Crane, Exelon's CEO. Chris M. Crane -- President and Chief Executive Officer Thanks, Dan, and good morning, everybody. We have a lot to talk about this morning, so Joe and I will try to go through it and allow adequate time for questions. Some of the stuff we have to talk about is bad. The recent events in Texas and put some light on that but we have some great other subjects to talk about, our strong performance in 2020, the results there and the future path for our business. I'll start with Texas. The experienced unprecedented sustain cold temperatures, as we know impact of the energy system in the state, along with severely impacting the people who live there. As noted in last week's 8-K, we had operational issues with our plants due to the extreme weather. They only periodically were available when the prices hit and were maintained at the administrative cap of $9,000. Our preliminary estimate, and this is preliminary of the impact of this event across our portfolio is $750 million to $950 million pre-tax or $560 million to $710 million post-tax. At this point, the range is wide and includes our best estimate for load obligations, ancillary charges and bad debt and will take some time to refine this estimate. The data -- we normally -- comes to us is on a lag from ERCOT. With recently PUCT actions, the data has been further delayed and continued uncertainty around any future actions the PUCT or others may take. We expected to provide a better update no later than the first quarterearnings call This loss is not acceptable to us. We are mitigating it through business updates, including first quarterly favorability, mostly one-time cost reductions and deferral of non-essential maintenance, which Joe will cover in further detail. We have to-date found updates and offsets that are expected to reduce our net impact to $0.20 per share at the midpoint of our loss estimates, which is reflected in our earnings guidance. These mitigating efforts are expected to reduce the cash impact to $200 million. As you know last week's events have raised many questions about the Texas market design and associated risks. And this has not been a new conversation. It's been one that's been around for a while and we hope that through this that the proper actions can be taken on the design. As a result, we are evaluating all our options with respect to our ERCOT business. Moving on to good news. Our 2020 operational and financial performance was strong. Our utilities maintained excellent operations, not only in the face of the pandemic, but in a extremely punishing storm year, derechos, hurricanes and one day we had 13 tornadoes in the ComEd service territory. The power of our utility platform paid off for us this year. The mutual assistance across the fleet helped achieve record restoration speeds for both ComEd and PECO. Each utility delivered excellent reliability top-decile outage frequency and top-quartile outage duration. This performance was reflected in our customer satisfaction scores with all utilities receiving their best on record scores in first quartile customer satisfaction. Strong operations led to constructive regulatory results as we saw in the outcome of three rate cases across our jurisdictions in 2020. In December, the Maryland PSC approved BGEs first ever multi-year plan enabling investment and reliability. We're expecting orders for multi-year plans at both Pepco D.C. and Pepco Maryland. This is allowing for timely recovery while supporting jobs in the economy in D.C and Maryland. Turning to Slide 7. Nuclear had another very good year, generating 150 terawatt hours of zero emitting power, avoiding 80 -- 78 million metric tons of carbon dioxide. The capacity factor was 95.4, second only to last year's performance in fleet history. The nuclear group completed 12 refueling outages in fewer days planned despite the regulus -- rigorous pandemic protections. Our relationships with our retail customers continues to remain strong with a 79% customer renewal rate, average customer duration of more than six years and power contracts of 21 months on average. Slide 8, the financial results. Excellent operations and robust cost led to our strong financial results, as you see on the slide. The pandemic reduced our demand for electricity particularly at Constellation which created financial headwinds for us. We reduced our earnings guidance on the first quarter call based on what we knew at the time and we kept looking for ways to improve our earnings outlet throughout the year. We delivered around $400 million of savings, a $150 million more than announced which brought us well within our original earnings guidance range, and then gains from the Constellation Technology Ventures portfolio brought us above the midpoint of our range guidance. We earned $2.01 on the GAAP basis and $3.22 on a non-GAAP basis. Turning to Slide 10. This morning's announcement is really a very good a strategic move for us. With our Board, we completed -- concluded the separation of our regulated business -- just a regulated utilities in the competitive businesses is the best interest of all stakeholders, and are moving forward with that decision. So separation, it establishes two best in-class stand-alone companies, a high-growth, high-quality, a 100% regulated utility and America's leading clean energy company producing the most clean energy paired with the best and largest customer faces -- business in the country. It better positions each business within its peer set and it will support business strategies tailored to the distinct business, investment profiles and meeting unique customer needs. The same operational expertise, customer-focus and financial discipline that you expect from this management team will continue to underpin the value proposition of each company. On Slide 11, the separation of the spend out of the generation business to our existing Exelon shareholders, the regulatory business which is being term the RemainCo shares the traits of a high quality, best in-class utility, strong above earnings growth rate of 6% to 8%, diversified rate base across seven constructive jurisdictions with almost a 100% of our rate base growth covered by alternative rate recovery mechanisms, best in-class operations and an attractive ESG attributes provide platforms to enable the transition to a clean energy economy without owning the generation. The SpinCo, Genco, it's being titled as SpinCo for this will be America's clean energy leader, will continue to produce electricity that is over 90% carbon-free, provide 11% of the clean energy in the country, and with no coal-fired generation and emissions profile -- our emissions profiles are significantly below the 1.5 degrees C targets, delivering solutions for our large customer-facing platform in the country and we anticipate having an investment-grade rating on that balance sheet. The transition, going to Slide 12, Joe will get in more details around the strategy and the specifics of these two great companies, but let me hit on some of the key transaction considerations. The Spin is designed to be a tax-free distribution of the SpinCo shares to the existing shareholders of Exelon. We will work hard to close by the end of the year, which provides execution benefits around a clean calendar year transition for the split, but regulatory approvals could potentially take longer. We have several required approvals with long lead-time items being the NRC in the New York Public Service Commission. We have good plans for each of these approvals and we'll be making the necessary files in the very near-term. We maintain an open dialog with the three credit agencies and anticipate both businesses remaining investment-grade under various scenarios. Our preliminary work on dis-synergy gives us confidence that they will be able to at least offset them at both companies. Turning to the dividend, the Board has approved the dividend at $1.53 for 2021, which is holding it flat to last year. RemainCo expects to target a 60% payout in line with best in-class high growth peers and will grow its dividend consistent with earnings. The SpinCo will focus on the combination of debt pay down to support our credit metrics and return capital to our shareholders and continue to invest in clean energy solutions. Resolution of the Illinois legislative session in capacity auction results in June, along with a number of other factors, we'll have a bearing on the allocation of this strategy. From a funding perspective, we estimate the RemainCo will need around $1 billion of new equity capital through 2024 investment horizon. This could change depending on variations of factors that we expect to play out over the course of the year. The EPS bands that Joe will show you for the RemainCo already incorporate the potential future equity needs. I'm now going to turn the call over to Joe to talk more about the two business strategies and the outlook for 2021. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Thank you, Chris, and good morning, everyone. I will try to build on Chris' remarks by providing more detail about the two stand-alone businesses and then we'll discuss our 2021 guidance. I'll start with RemainCo on Slide 14. Our utilities will continue to be a premium business within the sector and share the characteristics of other high-quality utilities. They operate in constructive regulatory jurisdictions with nearly 100% of rate base growth recovered through alternative recovery mechanisms. We will continue to meet our commitments to our customers through bill affordability and best in-class operations. We will maintain a keen focus on our ESG initiatives, including clean energy and diversity equity in inclusion, and we'll continue to pursue a balanced and disciplined financial policy underpinned by a strong balance sheet. All of this will allow us to deliver an industry-leading rate base and earnings growth built on strong returns on equity, growing the RemainCo business model well into the future. If you turn to Slide 15, we show RemainCo's growth outlook. We have a robust investment plan across our utilities to continue to improve reliability and resiliency, enhance the service experience for our customers and prepare for a clean energy future. In 2021, we plan to invest nearly $6.6 billion and a total of $27 billion over the next four years. Since our last capital investment disclosure, we have identified more than $500 million in additional investment needs across our system that will provide further benefits for our customers and communities. We are planning to grow our rate base by 7.6% annually to 5 -- into $58.8 billion, adding nearly $15 billion to rate base by 2024. Our rate base growth has improved by 30 basis points since last year. And as a reminder, our capital forecast reflects only identified projects that we expect to recover through our normal rate filings and other recovery mechanisms. I will also point out that the largest project in our plan is less than 1% of our capital spend from 2021 to 2024, avoiding concentration risk with any particular project. Our earnings per share outlook remains strong at 6% to 8% growth. Compared to last year's update, this growth reflects updates to our rate base forecast and our assumptions around funding RemainCo's growth with gap and the $1 billion equity issuance through 2024 that Chris mentioned. We are confident this growth extends beyond 2024 and would note that 2025 will further benefit from rate case timing as you think about your long-term modeling. We deliver on this strong growth while maintaining a focus on affordability, which is paramount to a successful utility. We will continue to manage our costs and support energy efficiency programs to keep bill inflation in check, even as we make these investments that benefit our customers. Now turning to Slide 16, RemainCo is a 100% fully regulated transmission and distribution utility with no generation. It is diversified across seven regulatory jurisdictions, with no one jurisdiction representing a majority of the rate base. We have worked with stakeholders in our jurisdictions to establish recovery mechanisms that allow us to prudently and efficiently invest in critical infrastructure for the benefit of our customers, while generating an appropriate return on capital. Nearly 100% of our rate base growth will be covered by alternative mechanisms by the end of our planning period. These mechanisms include multi-year plans in Maryland and DC, formula rates for both transmission and distribution, capital and other trackers, as well as forward-looking test years. We see the combination of being a fully regulated T&D utility with geographic diversity and constructive regulatory designs as a clear differentiator among our utility peers. Turning to Slide 17, Chris covered our 2020 operations earlier, but I wanted to highlight our operations over time which consistently outperformed the sector average, bringing tangible benefits to our customers. Moving to Slide 18, Environmental, Social and Governance or ESG values have been at the core of our business since Exelon's founding. We have been committed to doing what is right for all our stakeholders and that will not change. Specifically, RemainCo is committed to working within our states, regulators and communities, to make investments that help them achieve their environmental and clean energy goals, continuing to support our diverse employees, customers, and communities and create a workforce that reflects our community, and operate responsibly and transparently, maintaining the highest standards of the corporate governance. ESG will continue to be an integral part of RemainCo's strategy as a stand-alone company. Moving to SpinCo on Slide 20, SpinCo will be the largest supplier of clean energy and sustainable solutions to its customers. It produces 12% or 1 out of every 9 megawatt-hours of carbon-free electricity in United States. SpinCo is an essential partner to businesses and federal, state and local governments that are setting carbon reduction goals and seeking long-term solutions to the climate crisis. SpinCo's clean generation fleet is paired with one of the largest customer-facing platforms with a leading share in the C&I market where we continue to have very high customer renewal and retention rates. It is also the best operators of nuclear power plants in the country. As Chris mentioned, we are in ongoing conversations with rating agencies and anticipate that SpinCo will remain investment-grade. It will continue to have a disciplined financial policy, focused on optimizing cash flows to support the balance sheet, invest in clean energy solutions and return value to shareholders. On Slide 21, you can see how SpinCo's clean generation fleet stacks up against others. SpinCo is and will be the leading clean energy producer in the United States. It does not own coal-fired generation and 90% of its output is emissions-free. As a result, SpinCo produces nearly double the clean energy of the next leading provider, and more than 8 to 17 times the clean energy of its IPP peers. It also has the lowest emissions intensity, nearly five-fold less intensive than the next generator and more than 13 to 15 times less carbon-intensive than the other IPPs. These attributes are clear advantage for SpinCo as the Biden Administration commits to 100% zero-carbon electricity sector by 2035 to address the climate crisis. Turning to Slide 22, each of SpinCo's states have or are looking to set ambitious emission reductions for clean energy goals. SpinCo's generation is essential to helping states meet their goals in an affordable manner. SpinCo provides a significant amount of the clean energy in the states where it operates. In Illinois and Maryland, it provides nearly all of the clean electricity in the state. Losing any of these assets would be a significant step backward for each state in meeting its goals, while also creating higher cost for customers and significant economic hardship for host communities. The company will continue to be a leading advocate for clean energy policies aimed at preserving and growing clean energy to combat the comp declining crisis. SpinCo's clean energy leadership extends beyond the power generation fleet. As you can see on Slide 23, our Constellation business has also been a leader in developing and providing clean energy and sustainability solutions for our customers. The desire of our customers to positively impact the environment is real and the Constellation business leads the charge through new products and strategic investments to help our customers. Not only are these efforts been economically beneficial with solid margins, they have also yielded strong customer retention rates and opened up additional revenue opportunities. One example of this is our core product. Constellation serves as an intermediary between the renewable developer and the customer, filling a niche where multiple off-takes are needed for 150 to 250 megawatt-sized projects and customers may have varying demands for term and deal structure. It allows Constellation to provide a customized solution for our customers. Moving to Slide 24, it shows the operational performance of Generation over time, compared to the industry. Generation remains the best operator of nuclear power plants in the United States with industry-leading capacity factors of approximately 94% or better and industry-leading refueling outage days, at least 10 days better than the industry average every year. Turning to our customer-facing business on Slide 25, Constellation's retail business is strong. It is steady, repeatable and with stable margins. Customer retention rates have averaged 77% over the last five years with that average contract terms of 25 months and customer duration of more than six years. Constellation is successful at acquiring new customers with a win rate of 29%. We have the largest C&I customer base and that remains key to our strategy. First, C&I customers have higher load factors compared to residential customers and are less exposed to seasonal and weather fluctuations. Second, C&I customers allow us to achieve scale then cannot be done with residential customers. And finally, although the gross margins may be higher on residential customers, these margins do not account for the cost to acquire these customers which are higher than C&I. Turning to Slide 26. There are uncertainties that will impact SpinCo's future, such as legislation in Illinois, the next PJM auction and potential federal carbon legislation. Regardless of those outcomes, SpinCo will continue to focus on its strong investment grade-rated balance sheet, supported by stable free cash flows, which we see in the different scenarios we are currently considering. Exelon Generation has a strong record of cost management with announced savings of more than $1.1 billion since 2015, and that cost discipline will not change. We will continue to seek fair compensation for the zero-carbon attribute while maintaining the discipline to retire on economic assets and opportunistically monetize others. We will provide a more detailed capital allocation strategy, including debt reduction, return of capital to shareholders and growth later this year, when we have more clarity on these policy and auction outcomes. That said, we are confident that our disciplined approach will keep SpinCo an investment grade-rated business regardless of those outcomes. Finally, I'll conclude with our 2021 earnings guidance on Slide 28. We are providing 2021 adjusted operating earnings guidance of $2.60 to $3 per share, which incorporates the mid-point of the range for the severe weather impacts, offset by the opportunities that Chris discussed. Our disclosures including O&M, capex and gross margin reflect the mitigation opportunities we have identified and factored into this guidance. Thank you, and now I'll turn the call back to Chris for closing remarks. Chris M. Crane -- President and Chief Executive Officer Thanks, Joe. Turning to Slide 29, I want to discuss our key focus areas for 2021. Obviously, we will be working on preparations to separate the businesses, including the regulatory approvals that we are confident we will obtain. That is the work of relatively a small group of our team members, most of the company will continue to focus on delivering operational excellence across our businesses. The operating -- operating the grid reliably and safely, supporting our customers and communities during the pandemic and every day providing zero-carbon energy will meet or exceed our financial commitments, delivering earnings within our guidance range and maintain a strong balance sheet. We'll continue our work to mitigate the impact of ERCOT losses and maximize the earnings and cash flow. At the utilities, who prudently and effectively deploy $6.6 billion of capital to benefit the customers and meet the state's energy policy goals. We will work with our regulators to ensure timely recovery on these investments. We'll continue to advocate for clean energy climate policies with the new administration Congress in the States to put our country on a path of meeting the carbon reduction goals. In Illinois, stakeholders continue discussion on clean energy legislation. The governor is called for passing an energy bill this session that protects our nuclear fleet, grows renewable energy and supports customers and job creation. We expect the legislation -- the legislative process to ramp up in the coming weeks and months. We will continue to work with all interested parties on legislation that will achieve the state's clean energy goals and the power system dependability while protecting our customers from higher bills, dirtier air and our communities from the loss of the economic engines that our nuclear plants are. We'll be a partner and ally to our communities we serve, including following through on our work we have under way on social justice, racial equity and restoring the civil discourse. Thank you, and I'll open the call up for questions. Questions and Answers: Operator [Operator Instructions] Our first question comes from the line of Stephen Byrd with Morgan Stanley. Your line is open. Please go ahead. Stephen Byrd -- Morgan Stanley -- Analyst Hey, good morning. Chris M. Crane -- President and Chief Executive Officer Morning, Steve. Stephen Byrd -- Morgan Stanley -- Analyst Thanks for the thorough update on a lot of topics. I wanted to talk about your Constellation Technology Venture investment portfolio, I think you laid out at well on slide 45. I've noticed there are quite a few of these entities that are public entities now. As you know with fairly significant market caps, it is challenging to determine kind of the aggregate value that you all have generated here often, share counts are not available, and I know you can't disclose that on an individual company basis. I wondered if you could maybe first just talk at a high level at what is the approximate magnitude of value of those public entity states that you have and then over time, could this be a potential offset to the equity needs that you have? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer So Stephen, good morning, it's Joe. I can't tell you that there are dozen entities contribute $0.14 to earnings in 2020. We have included an expectation of value in our '21 forecast, and as long those assumptions -- we have assumptions on what the IPO schedules would look like. Obviously for competitive reasons, I can't say a lot more than that, and as you know these will move around day-to-day until they get to IPO and also till we get to a point if we consider liquidation. But we have included some value in our '21 forecast. Stephen Byrd -- Morgan Stanley -- Analyst Understood, Joe. And is it possible over time -- I know you don't want to commit to selling any particular company, but it looks like the magnitude could be significant compared to the $1 billion of equity you need. Is it a potential offset in the future or have you ruled that out, how do you think about kind of the longer-term path here? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yeah. Those are two very distinct things. When you look at the $1 billion, the $1 billion of equity is needed at our RemainCo and it matches to the growth plans, the capital allocation plan and our target metrics we're shooting for. We'll see where these investments move through time and we'll make the necessary decisions on what we want to do with liquidation as we see value, but at this point they are not linked. Stephen Byrd -- Morgan Stanley -- Analyst Okay, understood. And then maybe just last one from me. Just as you think about ExGen and sort of the leverage levels, I think you laid this out clearly, but I just wanted to maybe explore a little bit further. How do you think about sort of target ratios you're thinking about there? And then also, you did provide a discussion of capital allocation, I just wondered if you could just add a little bit as you think about sort of ranking the different uses of capital at ExGen if you could just expand on that a little bit. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yeah, Stephen. We -- as you know, we have a long history of investment grade at Exelon Generation. We have had preliminary conversations with the agencies and we've shared data with them, it's been very productive. We -- you've heard both Chris and I say in our prepared remarks, that we have a continued commitment to investment grade with the SpinCo, and the first use of the free cash flow will be to manage the balance sheet and pay down debt. We believe investment grade has value to the business and also to completing the transaction. And given the strength of the balance sheet, we expected warrants to be investment grade even when its bond. Stephen Byrd -- Morgan Stanley -- Analyst Very good, thanks. I'll pass it over to others. Thank you. Operator Thank you. And our next question comes from the line of Steve Fleishman with Wolfe Research. Your line is open. Please go ahead. Steve Fleishman -- Wolfe Research -- Analyst Hey, good morning. Chris M. Crane -- President and Chief Executive Officer Hey, Steve. Good morning. Steve Fleishman -- Wolfe Research -- Analyst Thanks. So just a couple of clarifications. Is it fair to say that the financing plan, the equity plan you've laid out incorporates the impacts of the Texas events that occurred and the cash flow, if from that, so there's no change from that? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yes, it does. Steve, it's Joe.... Steve Fleishman -- Wolfe Research -- Analyst Okay. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Good morning. It does. Steve Fleishman -- Wolfe Research -- Analyst And then just one other clarification there. I think, Chris, at the end of your comments you said the $1 billion in the plan to '24 could change some depending, could you just give a little more color on that? Chris M. Crane -- President and Chief Executive Officer Yeah, I'll let Joe... Steve Fleishman -- Wolfe Research -- Analyst Joe, yeah. Chris M. Crane -- President and Chief Executive Officer Give color, but we did link some of this to Texas and it's early on in our actions. We want to make sure that we're giving a picture of what it potentially could be, but we'll be working on it. Joe? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yeah, I think there, Steve, just examples of things that could change it would be, we talked about $500 million of incremental capital investment at our inventory utilities year-over-year in the four-year horizon, that would obviously have an impact. ComEd currently is under a formula rate that ties to treasuries, treasuries move around, regulatory settlements change -- could change from assumptions. So there are factors that will move it, but when we look at our plan as laid out and we look at the metrics and all, right now, we see up to $1 billion of equity need... Steve Fleishman -- Wolfe Research -- Analyst Okay. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer To cover company at the rates, we're... Steve Fleishman -- Wolfe Research -- Analyst Okay. So it's more just the normal core stuff than utility? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Normal course business activity, yes. Steve Fleishman -- Wolfe Research -- Analyst Yeah, yeah, OK. And then the -- just on the dividends, if you take that payout times the utility guidance here, give a slightly lower dividend than the current one, but it doesn't take much dividend from ExGen to kind of make it even. So just -- I don't know how important that is in the scheme of your decision-making, but just maybe any comment on that? Chris M. Crane -- President and Chief Executive Officer It's really early on that one, as we go through the planning process, understand what we will be prioritizing at the GenCo for debt reduction or alternative investments. We'll have to see on that and to talk about the RemainCo is definitely early in the planning process. We have to look at all sources and uses of cash and do that throughout the year before we give a suggestion to the Board on the long-term. Steve Fleishman -- Wolfe Research -- Analyst Okay. And then my last question is just maybe for Chris, a high level. Between the Biden Administration, this is on the nuclear future between what happened in Texas, the Biden Administration coming in, the comments of the Governor of Illinois like -- so far, just how are you overall feeling about the ability to get some credit for nuclear stay open then maybe six months ago? Chris M. Crane -- President and Chief Executive Officer We have had a cloud in Illinois and that has slowed the process of the discussion as some look at ComEd and the nuclear plants being one and working to separate that but also explaining, not only in the environmental benefits but the community and the economic benefits that they serve along with the reliability. In all of our jurisdictions that we have nuclear plants, I think that recognition is strong or becoming stronger. The preliminary conversations, Kathleen and her team are having with the administration and the Congress are positive. It's to say that you can see a carbon tax in the future, I mean in the near-term future, still a lot of ground to plow there, but continuing to work on some other mechanisms that her team has been engaged with -- on the legislative side and briefing on the administrative side, I do feel from a year ago to now we're making progress. Steve Fleishman -- Wolfe Research -- Analyst Great, thank you very much. Operator Thank you. And our next question comes from the line of Julien Dumoulin Smith with Bank of America. Your line is open. Please go ahead. Julien Dumoulin Smith -- Bank of America -- Analyst Hey, good morning team. Thanks for the time. Perhaps just wanted to follow-up here on the confidence in executing this transaction. Clearly New York prior approvals with Entergy and previous attempts obviously drove some challenges in the past. I'll leave it open-ended. I'm curious, what are the preliminary conversations in New York and NRC looking like? I have recognized that you directly addressing some of those early concerns of the investment grade balance sheet here, but if you can speak more broadly would appreciate whatever context you can provide. So then seems if I can revisit the lines that you already talking about providing a capital allocation update here, so certainly seems like that's a positive indication. William A. Von Hoene -- Senior Executive Vice President and Chief Strategy Officer Julien, this is Bill, and thank you for the question. We have had conversations with New York and we intend to file our approval request immediately after the announcement. This is a very, very different situation from the Entergy situation where they went in with a spin out that would be non-investment grade. We have given New York a good idea and a good understanding of how we think the financial stability of the SpinCo would be and it's a very, very different situation. We've also had a long and relatively strong relationship with New York since the ZECs for past. So we are confident that we will get through New York. It's going to be a process obviously and there'll be some negotiations, but the initial signs are good. And while there is no timeline on New York, as you know, we would expect to be able to complete this in New York within a year, and we think the conversations are productive and once -- continue, excuse me to be that way. Julien Dumoulin Smith -- Bank of America -- Analyst Excellent. Just a couple of clarifications. EDF put that's reflected, I presume in this outlook and approval process and then separately, the minimum FFO to debt targets that you talked about here. Can you elaborate at all? I know it's early on both sides of the equation. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer The answer to your first question is, we've made an assumption of the EDF put in this analysis. The second one, we have had preliminary conversations with the agencies, it's too soon for us to begin commenting on what targets and metrics and all would look like, but we are confident that both entities will be strong investment grade-rated companies. Julien Dumoulin Smith -- Bank of America -- Analyst Got it. Okay, fair enough. Best of Luck. Chris M. Crane -- President and Chief Executive Officer Thanks. Operator Thank you. And our next question comes from the line of Shar Pourreza with Guggenheim Partners. Your line is open. Please go ahead. Shar Pourreza -- Guggenheim Partners -- Analyst Hey, good morning guys. Chris M. Crane -- President and Chief Executive Officer Hey, Shar. Shar Pourreza -- Guggenheim Partners -- Analyst So just focusing on the credit side, do you sort of expect there to be sort of any parental guarantees between the RemainCo and the SpinCo upon separation? And curious, how do you sort of get the agencies comfortable with the business risk profile, despite having IG metrics? I mean, this has been a little bit of an uphill climb with some of your IPP peers. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yeah. So I think, Shar, to the question of parental guarantees there, we don't expect any parental guarantees being held at RemainCo for the benefit of SpinCo. I think to your agency question, there is a number of ways to think about that, right. We continue to look at ways to shore up the cash flows in the business. You look at the ZEC payments, capacity payments, the strength of our Constellation business, the strength of our nuclear operations. We're strong investment grade rated now. I think we continually honor that commitment. We think there is value in it. Our value return policy and our capital allocation at SpinCo, first and foremost, will start with debt reduction with the use of free cash flow. So I think all of those things go into the dialog with the agencies to ensure that we continue as an investment grade entity. Shar Pourreza -- Guggenheim Partners -- Analyst Got it. And then Joe, I know you -- obviously the key is that you're mitigating or offsetting some of the dis-synergies or all that the dis-synergies from the transaction that's announced today. Can you just maybe elaborate how you expect to mitigate the dis-synergies? And how do we sort of thinking about the $7.4 billion to HoldCo debt that's going to be allocated between the two? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Well this -- the debt will remain -- the HoldCo debt will remain with the parent, with RemainCo. Shar Pourreza -- Guggenheim Partners -- Analyst Okay. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer When you talk about dis-synergies, there are opportunities to reduce costs when you look at governance models, you look at the use of technology and some of the other external things we spend on. We're going to challenge ourselves like we do each year to determine how we can continue reduce that, but we are confident, when you go through those buckets that we can offset any dis-synergies. Shar Pourreza -- Guggenheim Partners -- Analyst Okay, perfect. And then just lastly, I know, Chris you highlighted sort of reevaluating the ERCOT fleet like Colorado band and Wolf Hollow, do you sort of expect a transaction or strategy there prior to the spin or -- so how do we sort of think about the Texas fleet in light of the ExGen spec? Chris M. Crane -- President and Chief Executive Officer Yeah, the first step is working with the other stakeholders on what happens and what's the future design of the Texas market. Do they lean toward a reliability standard that takes into consideration capacity-tested for, which has not been the view of the market design in Texas? There has been a lot written on this over the years that we were heading in this direction, it's a very unfortunate event. But we have to know first the market design. The second thing is we have to look at the design and the root cause on our specific units and the issues that we had anywhere from metallurgical issues to pressure issues to instrument issues. We had taken some action after the Super Bowl event a couple of years ago, but you don't get compensated to do what we've done in other jurisdictions with hardening the plants that have not only penalties, but capacity payments that allow you to make those investments. So we have to look at it. We want to be a reliable provider and we want to participate in a market that's designed to not only protect the consumers, the cost element, the reliability element, but allow us to make the investments and operate our plant safely and reliably. Shar Pourreza -- Guggenheim Partners -- Analyst Terrific. Thank you, guys. Congrats today. Chris M. Crane -- President and Chief Executive Officer Thank you. Operator Thank you. And our next question comes from the line of Durgesh Chopra with Evercore ISI. Your line is open. Please go ahead. Durgesh Chopra -- Evercore ISI -- Analyst Hey, good morning, team. Thanks for taking my question. Joe, just... Chris M. Crane -- President and Chief Executive Officer Good morning. Durgesh Chopra -- Evercore ISI -- Analyst Good morning. Just quick -- I want to be clear on dividends, just in terms of when we're thinking about pro forma dividend to shareholders, are we -- should we be modeling them lower or are you suggesting that there could be a dividend at the SpinCo? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Well, what we've just said is... Durgesh Chopra -- Evercore ISI -- Analyst Just... Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Go ahead, sorry. Durgesh Chopra -- Evercore ISI -- Analyst No, just that's it. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Okay. Yeah, what we've said is we're -- we've aligned the utility payout at 60% of EBS -- EPS and we'll grow in line with our earnings growth, and we believe that compares to other high-growth and high-quality utilities. We haven't made a determination on the capital allocation plan at SpinCo for some of the reasons that we've talked about in our prepared remarks. And the first and foremost, we're going to continue to pay down debt there to maintaining the strength of the balance sheet because we think that an investment grade rating is important. And then beyond that we'll determine how we return capital to the shareholders. And we expect to have those decisions made through time here, we're just not ready to commit to MAT at this point given some of the uncertainty. Durgesh Chopra -- Evercore ISI -- Analyst Understood. Okay, OK. So cash from GenCo basically goes to pay down debt, and then the balance, you may even have any stated dividend or sort of buy back shares or do other ways of giving it back to shareholders. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer I wouldn't say it that black and white. I would say, we have to make a determination on what our capital allocation policy is and we'll do that through time as some of these other things are resolved, but there has been no final determination. Durgesh Chopra -- Evercore ISI -- Analyst Understood. Okay, thanks. And then just maybe can I quickly get your thoughts on -- you mentioned the federal carbon legislation, so what are sort of you expecting there and perhaps even timeline? Chris M. Crane -- President and Chief Executive Officer Yeah, I'll let Kathleen replying on them. Kathleen L. Barron -- Executive Vice President, Government and Regulatory Affairs and Public Policy Yeah, thanks for the question. I mean, obviously, we were heartened to see the administration set the carbon-free power sector goal by 2035, and we know that there are a number of steps that are to come, including as you mentioned, potential for climate legislation, but I would keep my administration needs to set a -- an NDC for the U.S., a naturally determined contribution to match up to the new commitment to the Paris target. We do expect that to be more aggressive than in the past, and that will sort of set the tone for what Congress takes up. But I think the nearest-term thing to look to is the push for an infrastructure package. There are a number of business and labor and other interests pushing the administration to move forward on a piece of legislation that itself could make progress on climate. So separate from a pure climate bill, an infrastructure bill that included tax incentives for clean energy development, electric vehicle storage, climate-resilient infrastructure is sort of the first thing to look out for. And then I think once that gets done, we'll see the discussions ramp up around what the future sort of national planet policy is going to look like. As you know, the administration has already expressed support for a national clean energy standard that counts nuclear as clean. And so that clearly will be on the table, but there will also be discussions about a carbon tax and dividend approach and with the growing public support for national action we -- as Chris said, are working with folks in Washington to make sure that the proper design is included in a sense that we need something that is going to be cognizant of the customer impact but also aggressive enough to address the challenge of the climate crisis. The last thing I'd say I guess is that, while those are all extremely positive developments, they do take time. Legislation in Washington will take some time to enact and then it will take time to implement. So that's why our focus does remain at the state level on moving forward with legislation that will support the state's climate goals, air pollution reduction electrification of the economy and job creation in equity, so that we can make progress now, while the federal discussions continue. Durgesh Chopra -- Evercore ISI -- Analyst Understood, thanks for the color. Thanks for the time guys. Appreciate it. Operator Thank you. And our next question comes from the line of Michael Lapides with Goldman Sachs. Your line is open. Please go ahead. Michael Lapides -- The Goldman Sachs Group, Inc. -- Analyst Hey guys, thank you for taking my question and congrats on today's announcement, lots of interesting stuff going on. Real quick, just curious how you're thinking about really the broader risk around the retail business, not just Texas but anywhere you do it? And how we should think about the potential for power price volatility, especially given a significant amount of retired base load generation over the last 5 to 10 years. How that could impact you in other regions where you are much bigger than you are in Texas in retail? Trying to think about, it's not the first time we've had price spikes, we had them in January of 2014 and January 2018 in New England, there have been other retailers. Just curious about how you protect yourself from the risk of a Texas-like event happening in one of your bigger markets? Chris M. Crane -- President and Chief Executive Officer The one thing is you have to differentiate between the market designs, Texas is far different than PJM. The interconnect ability and availability of power through that Eastern interconnect is strong. We have taken on steps in other markets to ensure that we have adequate capacity that can weather such events, weather events. But you take in an isolated market where you do not have the ability to import, to cover your load, you have a price cap that's significantly high and you essentially lose your sites. You -- it is not something you can hedge for at this time in ERCOT, and that's what we have to work on. But our hedging strategy and our ability to have our customer facing products in our retail C&I and residential business, as many risk focuses on that and we continue to work as the markets evolve. So we're not looking at it like this is an event everywhere across the country as long as we keep focusing on sound market designs, understanding capacity requirements and the investments required by the generators to prevent such volatility, and our hedging strategy is the key to that got it. Joe? Michael Lapides -- The Goldman Sachs Group, Inc. -- Analyst Got it, OK. And then I'll follow up on SpinCo. How should we think about, I mean you've got an RPM auction coming up this May. How should we think about potential changes in RPM outcomes relative to the last auction, which was almost two years ago? And what it means for the financial structure, the capital structure for kind of ExGen as a new entity separate from consolidated Exelon? Chris M. Crane -- President and Chief Executive Officer So that's a pretty broad question and there is a bunch of questions in there. I think I'll let Joe start with it and see where we go for the rest of it with Kathleen, somebody else around the ticket. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Michael, the one thing I would say is and we made this comment in our prepared remarks. We looked at the SpinCo business under a range of different scenarios and those scenarios ultimately take into account, changes in cash flow assumptions and how we would manage the business accordingly. I think you've seen us through times. We've been very prudent financially with a lot of discipline, right. We've used alternative tools like project financing, we've retired assets when they were on economic and we couldn't get paid for them. We've sold assets that the market has put a higher premium on than ours. But we don't look at just one-point estimate. Our -- we have to make sure we understand how shocks would impact our -- the balance sheet in the free cash flow of the company and we continue to look at that and your example of capacity outcomes would tie into that. Michael Lapides -- The Goldman Sachs Group, Inc. -- Analyst Got it. Thank you, guys. Much appreciated. Operator Thank you. And our next question comes from the line of Jonathan Arnold with Vertical Research. Your line is open. Please go ahead. Jonathan Arnold -- Vertical Research Partners -- Analyst Hey, good morning, guys and thank you for taking my question. Chris M. Crane -- President and Chief Executive Officer Hey, Jon. Jonathan Arnold -- Vertical Research Partners -- Analyst Hi. I am just -- I want to just clarify one thing on the corporate segment drag that you have say in your '21 guidance, it looks as though that is mostly allocated to RemainCo, plus as we think about transitioning for orders. Is that correct or order a piece of that for the -- not coming -- will a piece of that go away with the spin? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yeah, I think you are correct, it's mostly allocated to RemainCo. Jonathan Arnold -- Vertical Research Partners -- Analyst Okay. So that was one thing. And then, just as I look at the RemainCo's earnings trajectory, I mean obviously you're reiterating the 6% to 8%, but a good bit of that seems to be the step-up in '21 from 2020, so -- and then it's kind of flatter out further out. And obviously you have the equity in that, but I don't -- doesn't look like that's huge. So just curious what's kind of tempering that slope further out, when you actually raised the capex, etc. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yeah. So Jonathan 6% to 8% is a long-term target for us. As you could imagine, given the size and scale of our business, there is going to be some oscillation in a given period of time, when you think about rate case timing and then would be one that changes it. So if you were to carry this through to '25, you would see strong growth, just given some of the timing of our rate cases. I would also say the work we're doing at the utilities under Calvin Butler's leadership is to make sure that we're reducing lag, right. We're investing for the benefit of our consumers and improving reliability and the customer experience, but we're also trying to make sure that we reduce the regulatory lag and we've seen that with things like the multi-year rate plan in Maryland, in D.C., for example. But there are going to be some years where it moves around just given timing of rate cases and other things. Jonathan Arnold -- Vertical Research Partners -- Analyst Okay, good enough. And just maybe one other thing on the -- on timing. You've obviously talked about these offset to the Texas hit. How should we think about those in terms of probably show up through the year and is Q1 going to be -- yeah you can -- obviously the negatives in Q1, but does it sort of take most of the year to get back to that negative 20 net or will they come quicker than that? Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yeah, no. It will take time to flush through the year and we're looking at these in a number of buckets. We have the ability to defer non-essential maintenance. There are some one-time cost savings which we'll monetized throughout the year and then there are some revenue enhancement opportunities, which also will happen throughout the year but there is a number of different levers that we're using. Chris M. Crane -- President and Chief Executive Officer There is a very focused team overseeing this working with individual businesses on making sure that they can commit to what we believe that these goals are. They come up with these savings range and we'll continue to challenge from the corporate financial organization, other areas on where we can effect some dampening of the effects of ERCOT. Jonathan Arnold -- Vertical Research Partners -- Analyst Great, thank you guys. Operator Thank you. And this does conclude today's question-and-answer session. And I would like to turn the conference back over to Mr. Chris Crane for any further remarks. Chris M. Crane -- President and Chief Executive Officer I'd just like to thank everybody for joining today. We had a lot to go through today. As we were planning for this with the Board, we did not anticipate the ERCOT event to the extent that it played through, creates a little bit of complication, but it's nothing that the team is not up to try to work through the challenges. So we'll continue to update you on the calls or if something happens in the meantime, when we think is worthy. Dan and his team, Emily will be reaching out to folks, just to make sure we're in sync and you know where we're going. So with that, be safe, and thank you. Operator [Operator Closing Remarks] Duration: 61 minutes Call participants: Daniel L. Eggers -- Senior Vice President, Corporate Finance Chris M. Crane -- President and Chief Executive Officer Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer William A. Von Hoene -- Senior Executive Vice President and Chief Strategy Officer Kathleen L. Barron -- Executive Vice President, Government and Regulatory Affairs and Public Policy Stephen Byrd -- Morgan Stanley -- Analyst Steve Fleishman -- Wolfe Research -- Analyst Julien Dumoulin Smith -- Bank of America -- Analyst Shar Pourreza -- Guggenheim Partners -- Analyst Durgesh Chopra -- Evercore ISI -- Analyst Michael Lapides -- The Goldman Sachs Group, Inc. -- Analyst Jonathan Arnold -- Vertical Research Partners -- Analyst All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ex-Dividend Reminder: Systemax, Strategic Education and Exelon Looking at the universe of stocks we cover at Dividend Channel, on 3/5/21, Systemax, Inc. (Symbol: SYX), Strategic Education Inc (Symbol: STRA), and Exelon Corp (Symbol: EXC) will all trade ex-dividend for their respective upcoming dividends. Systemax, Inc. will pay its quarterly dividend of $0.16 on 3/15/21, Strategic Education Inc will pay its quarterly dividend of $0.60 on 3/15/21, and Exelon Corp will pay its quarterly dividend of $0.3825 on 3/15/21. As a percentage of SYX's recent stock price of $36.96, this dividend works out to approximately 0.43%, so look for shares of Systemax, Inc. to trade 0.43% lower \u2014 all else being equal \u2014 when SYX shares open for trading on 3/5/21. Similarly, investors should look for STRA to open 0.75% lower in price and for EXC to open 0.98% lower, all else being equal. Below are dividend history charts for SYX, STRA, and EXC, showing historical dividends prior to the most recent ones declared. Systemax, Inc. (Symbol: SYX): Strategic Education Inc (Symbol: STRA): Exelon Corp (Symbol: EXC): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.73% for Systemax, Inc., 3.02% for Strategic Education Inc, and 3.90% for Exelon Corp. In Wednesday trading, Systemax, Inc. shares are currently up about 0.8%, Strategic Education Inc shares are off about 0.2%, and Exelon Corp shares are off about 0.2% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-03-04,26.56,27.0875,26.2853,26.5794,
EXC,2021-03-05,26.6761,26.8413,26.4055,26.7504,
EXC,2021-03-08,26.7152,27.7822,26.6204,27.4577,
EXC,2021-03-09,27.6805,28.1465,27.3582,28.0255,
EXC,2021-03-10,28.1271,28.3958,27.8496,28.2473,
EXC,2021-03-11,28.2003,28.8149,28.1338,28.3625,
EXC,2021-03-12,28.5862,28.7944,28.3684,28.7406,
EXC,2021-03-15,28.9292,29.279,28.7777,29.2594,
EXC,2021-03-16,29.0836,29.367,28.9145,29.2594,
EXC,2021-03-17,29.3474,29.3474,28.8471,28.9966,
EXC,2021-03-18,28.8276,29.2125,28.6928,28.8149,
EXC,2021-03-19,28.9145,29.1783,28.47,28.9966,
EXC,2021-03-22,28.8471,29.0084,28.6713,28.8755,
EXC,2021-03-23,28.939,29.1119,28.6956,28.8823,"Notable ETF Outflow Detected - XLU, SO, D, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Utilities Select Sector SPDR— Fund (Symbol: XLU) where we have detected an approximate $70.9 million dollar outflow -- that's a 0.6% decrease week over week (from 190,220,000 to 189,070,000). Among the largest underlying components of XLU, in trading today Southern Company (Symbol: SO) is up about 0.4%, Dominion Energy Inc (Symbol: D) is up about 0.5%, and Exelon Corp (Symbol: EXC) is up by about 0.2%. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $46.33 per share, with $67.93 as the 52 week high point — that compares with a last trade of $61.91. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-03-24,28.8081,29.3142,28.767,28.9702,"Have Insiders Sold Exelon Corporation (NASDAQ:EXC) Shares Recently? Some Exelon Corporation (NASDAQ:EXC) shareholders may be a little concerned to see that insider Carim Khouzami recently sold a substantial US$525k worth of stock at a price of US$42.88 per share. Probably the most concerning element of the whole transaction is that the disposal amounted to 58% of their entire holding. Exelon Insider Transactions Over The Last Year In fact, the recent sale by Carim Khouzami was the biggest sale of Exelon shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of US$42.80. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign. Carim Khouzami ditched 19.04k shares over the year. The average price per share was US$41.14. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below! NasdaqGS:EXC Insider Trading Volume March 24th 2021 If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them). Insider Ownership Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Exelon insiders own 0.2% of the company, worth about US$89m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment. So What Does This Data Suggest About Exelon Insiders? An insider sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. Insiders own shares, but we're still pretty cautious, given the history of sales. So we'd only buy after careful consideration. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Case in point: We've spotted 5 warning signs for Exelon you should be aware of, and 1 of them can't be ignored. But note: Exelon may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-03-25,29.2194,29.409,28.896,29.2663,
EXC,2021-03-26,29.3474,29.4548,29.0298,29.3737,
EXC,2021-03-29,29.1852,29.6786,29.1852,29.5222,
EXC,2021-03-30,29.3737,29.4548,29.0777,29.3543,
EXC,2021-03-31,29.2594,29.617,29.2194,29.5155,
EXC,2021-04-01,29.4959,29.6786,29.361,29.6307,
EXC,2021-04-05,29.6982,30.1945,29.6581,30.0166,
EXC,2021-04-06,29.9345,30.1749,29.8134,30.0695,
EXC,2021-04-07,30.1506,30.4144,30.0968,30.3322,
EXC,2021-04-08,30.4075,30.5549,30.2794,30.2981,
EXC,2021-04-09,30.2794,30.4476,30.1749,30.2521,
EXC,2021-04-12,30.3665,30.5012,30.1105,30.1916,
EXC,2021-04-13,30.0968,30.5823,30.0284,30.4818,
EXC,2021-04-14,30.5218,30.6761,30.3938,30.6693,
EXC,2021-04-15,30.6487,30.9371,30.5482,30.8853,
EXC,2021-04-16,31.0553,31.2877,30.9058,31.1491,"Illinois may have to subsidize more Exelon reactors to keep them running -study April 16 (Reuters) - Illinois may have to provide subsidies to more of Exelon Corp's EXC.O nuclear plants if it wants the carbon-free power those reactors produce to help the state transition from dirty fossil fuels to cleaner forms of energy, according to a study. Illinois hired Synapse Energy Economics, a consulting firm, to conduct the study in January after Exelon in August 2020 said it would retire ""uneconomic"" nuclear reactors at Byron in September 2021 and Dresden in November 2021. That plant retirement announcement came soon after Exelon's Commonwealth Edison utility in Illinois agreed to pay $200 million to resolve a U.S. Justice Department probe over inappropriate lobbying practices. ""Byron and Dresden do face real risk of becoming uneconomic in the near term,"" Synapse said in its report released this week. ""This has implications for Illinois's policy goals because the plants generate carbon-free electricity that is currently undervalued or even ignored within current wholesale electricity markets,"" Synapse said. Illinois Gov. J.B. Pritzker wants the state to reach 100% clean energy by 2050. In addition, Exelon, which operates 11 reactors at six plants in Illinois, has said Byron and Dresden employ over 1,500 workers and help support local economies. If Illinois determines it wants to keep the plants in service, Synapse recommended the state re-evaluates how much support the plants need annually. Synapse suggested Illinois could adopt a subsidy that pays Byron about $19 million a year and Dresden about $51 million a year, or if the state adopts a carbon price, it would only have to pay Dresden about $36 million a year. The last time Exelon threatened to shut Illinois nuclear plants, the state created the 2016 zero emission credit (ZEC) program that provides the Clinton and Quad Cities reactors with about $230 million a year to keep them operating. That ZEC program expires in 2027. BUZZ-Exelon Corp: Rises as unit reaches agreement to resolve DOJ probe ComEd Reaches Agreement to Resolve Justice Department Investigation Exelon to close Three Mile Island nuclear plant in Pennsylvania on Friday FACTBOX-U.S. nuclear reactors facing possible shutdown Exelon to retire two nuclear power plants in Illinois in 2021 (Reporting by Scott DiSavino; Editing by Richard Chang) ((scott.disavino@thomsonreuters.com; +1 332 219 1922; Reuters Messaging: scott.disavino.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-04-19,31.1833,31.2301,30.6487,30.7044,
EXC,2021-04-20,30.644,30.9879,30.644,30.9058,
EXC,2021-04-21,30.8921,31.0406,30.7044,30.8247,
EXC,2021-04-22,30.853,30.8667,30.3762,30.4192,
EXC,2021-04-23,30.4603,30.5619,30.2824,30.3048,"Ahead of expected IPO, Pepco takes PEPCO brand to Spain LONDON, April 23 (Reuters) - Discount retailer Pepco Group said on Friday it would open its first PEPCO branded store in Spain this month and 10 more by September, stepping up its expansion ahead of an expected initial public offering (IPO) this year. The group, which also trades as Poundland in the United Kingdom and Dealz in Europe, is part of South African conglomerate Steinhoff SNHJ.J, which is still battling the fallout of a 2017 accounting scandal. Steinhoff said on Monday it had decided to seek necessary consent from its financial creditors for a listing of Pepco Group. That decision came in the wake of reports last week that Pepco would list its shares in Warsaw rather than London, in what could become Poland's biggest IPO this year. PEPCO's first Spanish store will be located within the Grand Via Shopping Centre in Alicante and will open on April 29. Its entry into Spain follows a successful opening in Italy where it has traded five stores since September 2020. PEPCO has also started preparations to open stores in Austria. ""We completed extensive research on the Spanish market, which we already know well from the rollout of our Dealz brand there, and see it as a key part of our ambitious plans to become Europe’s pre-eminent discount variety retailer,"" said Pepco Group CEO Andy Bond, a former boss of British supermarket Asda. With its entry into Spain PEPCO will trade from 2,200 stores in 14 countries, with the overall group, including the Poundland and Dealz brands, trading in 16 countries across Europe and more than 3,200 stores in total. (Reporting by James Davey; editing by Emelia Sithole-Matarise) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-04-26,30.2981,30.3615,30.0762,30.1299,"[""Poundland owner Pepco to float on Warsaw Stock Exchange Adds detail LONDON, April 26 (Reuters) - South African conglomerate Steinhoff SNHJ.J will proceed with an initial public offering of its Pepco Group unit on the Warsaw Stock Exchange, it said on Monday. Pepco owns Poundland in the United Kingdom as well as the PEPCO and Dealz brands. It trades from more than 3,200 stores across 16 countries and is led by Andy Bond, a former CEO of the Asda supermarket chain. Steinhoff, which is still battling the fallout of a 2017 accounting scandal, said it would sell at least 15% of Pepco's shares. Reuters cited sources earlier this month saying that Pepco is valued at around 5 billion euros ($6 billion), which means it could become Poland's biggest IPO this year. ($1 = 0.8256 euros) (Reporting by James Davey, Editing by Paul Sandle and Sarah Young) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Steinhoff to proceed with Pepco IPO on Warsaw stock exchange LONDON, April 26 (Reuters) - South African conglomerate Steinhoff SNHJ.J will proceed with an initial public offering of its Pepco Group unit on the Warsaw stock exchange, it said on Monday. Pepco owns Poundland in the United Kingdom as well as the PEPCO and Dealz brands. (Reporting by James Davey, Editing by Paul Sandle) ((james.davey@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-04-27,30.1369,30.1964,29.9542,30.0558,
EXC,2021-04-28,29.9815,30.1369,29.8467,30.1036,
EXC,2021-04-29,29.9482,30.4329,29.9482,30.2921,
EXC,2021-04-30,30.2921,30.3528,30.1163,30.3254,
EXC,2021-05-03,30.5286,30.6693,30.2209,30.2921,
EXC,2021-05-04,30.2794,30.3468,30.0225,30.218,"[""Pre-Market Earnings Report for May 5, 2021 : GM, EMR, EXC, SRE, TT, GOLD, HLT, PEG, ABC, CDW, CERN, FTS The following companies are expected to report earnings prior to market open on 05/05/2021. Visit our Earnings Calendar for a full list of expected earnings releases. General Motors Company (GM) is reporting for the quarter ending March 31, 2021. The auto (domestic) company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.01. This value represents a 62.90% increase compared to the same quarter last year. In the past year GM has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 19.14%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for GM is 11.36 vs. an industry ratio of 23.40. Emerson Electric Company (EMR) is reporting for the quarter ending March 31, 2021. The machinery company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.90. This value represents a 1.12% increase compared to the same quarter last year. In the past year EMR has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 22.06%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for EMR is 24.25 vs. an industry ratio of 17.00, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation (EXC) is reporting for the quarter ending March 31, 2021. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.34. This value represents a 60.92% decrease compared to the same quarter last year. In the past year EXC has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 7.04%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for EXC is 16.09 vs. an industry ratio of 13.40, implying that they will have a higher earnings growth than their competitors in the same industry. Sempra Energy (SRE) is reporting for the quarter ending March 31, 2021. The gas distribution company's consensus earnings per share forecast from the 4 analysts that follow the stock is $2.85. This value represents a 7.47% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2021 Price to Earnings ratio for SRE is 17.15 vs. an industry ratio of 32.30. Trane Technologies plc (TT) is reporting for the quarter ending March 31, 2021. The technology services company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.62. This value represents a 44.19% increase compared to the same quarter last year. TT missed the consensus earnings per share in the 1st calendar quarter of 2020 by -14%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for TT is 31.89 vs. an industry ratio of -26.20, implying that they will have a higher earnings growth than their competitors in the same industry. Barrick Gold Corporation (GOLD) is reporting for the quarter ending March 31, 2021. The gold mining company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.26. This value represents a 62.50% increase compared to the same quarter last year. In the past year GOLD has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2021 Price to Earnings ratio for GOLD is 19.33 vs. an industry ratio of -1.00, implying that they will have a higher earnings growth than their competitors in the same industry. Hilton Worldwide Holdings Inc. (HLT) is reporting for the quarter ending March 31, 2021. The hotel company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.05. This value represents a 93.24% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2021 Price to Earnings ratio for HLT is 81.44 vs. an industry ratio of -21.10, implying that they will have a higher earnings growth than their competitors in the same industry. Public Service Enterprise Group Incorporated (PEG) is reporting for the quarter ending March 31, 2021. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.13. This value represents a 9.71% increase compared to the same quarter last year. PEG missed the consensus earnings per share in the 4th calendar quarter of 2020 by -1.52%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for PEG is 18.50 vs. an industry ratio of 13.40, implying that they will have a higher earnings growth than their competitors in the same industry. AmerisourceBergen Corporation (Holding Co) (ABC) is reporting for the quarter ending March 31, 2021. The medical/dental supplies company's consensus earnings per share forecast from the 7 analysts that follow the stock is $2.50. This value represents a 4.17% increase compared to the same quarter last year. In the past year ABC has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 12.37%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for ABC is 14.50 vs. an industry ratio of 60.50. CDW Corporation (CDW) is reporting for the quarter ending March 31, 2021. The information technology services company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.49. This value represents a 4.93% increase compared to the same quarter last year. In the past year CDW has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 20.95%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for CDW is 25.90 vs. an industry ratio of 33.10. Cerner Corporation (CERN) is reporting for the quarter ending March 31, 2021. The medical information systems company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.63. This value represents a 1.61% increase compared to the same quarter last year. The last two quarters CERN had negative earnings surprises; the latest report they missed by -2.9%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for CERN is 28.04 vs. an industry ratio of -1.90, implying that they will have a higher earnings growth than their competitors in the same industry. Fortis Inc. (FTS) is reporting for the quarter ending March 31, 2021. The electric power utilities company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.60. This value represents a 17.65% increase compared to the same quarter last year. Zacks Investment Research reports that the 2021 Price to Earnings ratio for FTS is 20.06 vs. an industry ratio of 13.40, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Brookfield Renewable Gets 2021 Off to a Strong Start The global economy is accelerating its shift away from fossil fuels toward cleaner alternatives like renewable energy. It's benefiting Brookfield Renewable (NYSE: BEP)(NYSE: BEPC), a global leader in operating and developing renewable energy facilities. That's clear from the company's recent first-quarter report, which showed strong financial results and excellent progress on its growth strategy. A quick look at Brookfield Renewable's first-quarter results Brookfield Renewable generated $257 million, or $0.40 per share, of normalized funds from operations (FFO), which adjusts for foreign exchange fluctuations. That's up 33% overall and 21% on a per-share basis after accounting for recent stock sales to help fund growth. Meanwhile, its unadjusted FFO totaled $242 million, up 11.5% year over year. The company benefited from strong results in its wind, solar, and energy transition businesses: Data source: Brookfield Renewable. Chart by author. Leading the way was Brookfield's wind business, where FFO soared 191%. Powering the earnings surge was the increased ownership in TerraForm Power, which the company acquired last year. It also benefited from buying another wind portfolio in the U.S.; higher revenue per megawatt-hour (MWh) sold; and stronger wind resources in Europe, Brazil, and Asia. Brookfield's solar energy assets also generated strong results in the quarter as FFO surged 275% year over year. Again, acquisitions were the main power source, primarily driven by the increased interest in TerraForm Power. The company's energy transition business also generated excellent results as its FFO jumped more than 94%. This segment benefited from acquisitions, primarily distributed generation assets like rooftop solar. The lone weak spot was the company's hydroelectric portfolio, where FFO slumped 23%. The primary issue was the above-average generation in North America in 2020, which made for a tough comparable quarter. A weaker Brazilian real versus the U.S. dollar also impacted results in that country. They declined by 5% when they would have increased 17% on a constant currency basis thanks to its cost-saving initiatives and higher rates on new and existing contracts. Image source: Getty Images. A look at what's ahead for Brookfield Renewable Brookfield had a busy first quarter on the strategic front. Overall, the company and its partners agreed to invest $1.6 billion ($410 million net to Brookfield) across several transactions. These included: Shepherds Flat: Brookfield acquired an 845-megawatt (MW) wind farm in Oregon that includes one of the world's largest wind repowering projects. Once complete, it will increase the facility's power production by 25%. The deal also included a 400-MW development pipeline that Brookfield is also advancing. Polenergia: Brookfield acquired an interest in this European renewable energy business, which includes a 3-gigawatt (GW) offshore wind development pipeline. Exelon's (NASDAQ: EXC) distributed generation business: The company is buying a 360 MW operating portfolio of distributed generation assets that includes a more than 700 MW development pipeline. As a result, it now owns one of the leading distributed generation businesses in the country with nearly 2 GW of operating assets. India solar project: Brookfield acquired a 450-MW development project in India that should start up by year-end. The company also made excellent progress on its development pipeline. It moved 6 GW of projects through the construction and advanced-stage permitting process while adding 4.5 GW of projects to its development pipeline. The company also signed 29 agreements to sell 2.3 GWh of renewable energy to corporate customers across all industries, further securing its long-term cash flows. Finally, Brookfield continued to make progress on its capital recycling program. It agreed to sell more than $850 million of assets ($410 million net to Brookfield), including mature onshore wind portfolios in the U.S. and Ireland. These sales will return about two times its invested capital while providing it with the cash to finance its recent investments. That enabled the company to end the quarter with a top-notch balance sheet featuring $3.4 billion of available liquidity, an investment-grade credit rating, and no meaningful near-term debt maturities. That gives it ample financial flexibility to continues pursuing acquisitions and development projects. A top-tier renewable giant Brookfield Renewable is benefiting from the energy transition megatrend to renewables. That's enabling it to generate rapidly rising cash flow as it sells its power at higher prices and benefits from a steady stream of expansion projects and outside investment opportunities. Those catalysts should give it the power to continue producing strong total returns, making it an excellent way to invest in this long-term trend. 10 stocks we like better than Brookfield Renewable Partners L.P. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Brookfield Renewable Partners L.P. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Matthew DiLallo owns shares of Brookfield Renewable Corporation Inc. and Brookfield Renewable Partners L.P. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-05-05,29.8671,30.2658,29.0161,29.3737,"[""Exelon Corp (EXC) Q1 2021 Earnings Call Transcript Image source: The Motley Fool. Exelon Corp (NASDAQ: EXC) Q1 2021 Earnings Call May 5, 2021, 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Hello, and welcome to Exelon's First Quarter Earnings Call. My name is Amanda, and I'll be your event specialist today. [Operator Instructions] It is now my pleasure to turn today's program over to Dan Eggers, Senior Vice President of Corporate Finance. The floor is yours. 10 stocks we like better than Exelon When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Exelon wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Daniel L. Eggers -- Senior Vice President, Corporate Finance Thank you, Amanda. Good morning, everyone, and thank you for joining our first quarter 2021earnings conference call Leading the call today are Chris Crane, Exelon's President and Chief Executive Officer; and Joe Nigro, Exelon's Chief Financial Officer. They're joined by other members of Exelon's management team who will be available to answer your questions during our -- following our prepared remarks. We issued our earnings release this morning along with the presentation, all of which can be found in the Investor Relations section of Exelon's website. The earnings release and other matters which we discuss during today's call contain forward-looking statements and estimates that are subject to various risks and uncertainties. Actual results could differ from our forward-looking statements based on factors and assumptions discussed in today's material and comments made during this call. Please refer to today's 8-K and Exelon's other SEC filings for discussions of risk factors and other factors, including uncertainties surrounding the planned separation, that may cause results to differ from management's projections, forecasts, and expectations. Today's presentation also includes references to adjusted operating earnings and other non-GAAP measures. Please refer to the information contained in the appendix of our presentation and our earnings release for reconciliations between the non-GAAP measures and the nearest equivalent GAAP measures. I'll now turn the call over to Chris Crane, Exelon's CEO. Chris M. Crane -- President and Chief Executive Officer Thanks, Dan, and good morning, everybody, and thanks for joining us. As you've seen from our earlier releases and notifications, we had mixed results in the first quarter. We performed well across our businesses outside of the challenges from five days in February due to the Texas weather event. Overall, our first quarter GAAP loss was $0.30 per share and our non-GAAP loss was $0.06 per share. Exelon Utilities performed well operationally and financially during the quarter, delivering $0.72 per share, which is $0.11 better than the first quarter last year. At ExGen, we lost $0.58 per share overall, with the February weather event costing $0.90 per share in the first quarter. The event was unprecedented. We continue to investigate the multiple complex factors that led to our plant outages, and we are working with ERCOT regulators and other stakeholders to ensure an event like this does not happen again. As you saw in our 8-K last week, we updated our full-year losses at $150 million due to the updated load meter data in ERCOT default payments that differed from our original estimate. In addition, we reaffirmed our full-year guidance of $2.60 to $3 per share. We continue to work on mitigating this approximately $1 billion loss and expect to offset the loss by $410 million to $490 million after taxes through a combination of mostly onetime cost reductions and deferral of nonessential maintenance and revenue opportunities. Joe is going to go in much more detail on that in his presentation. Turning to the operations. Despite the extreme cold winters, and the winter storms, the pandemic conditions, our utilities had a strong operational performance, delivering reliability, affordable electricity, and gas for our consumers. All the utilities achieved first quartile operating performance in outage duration and frequency, BGE, ComEd, and PHI were in top decile in outage duration. Customer operations metrics remained strong across the utilities. PECO and BGE's customer satisfaction levels were top decile. ComEd was top quartile and PHI just missed top quartile but improved year-over-year. On the generation front, in the face of extreme temperatures, winter storms, our nuclear plants provided 37 terawatt hours of reliable, resilient, and clean to the grid of the citizens of Illinois, Pennsylvania, New York, and Maryland. The fleet capacity factor of 95.3% was what we reached for the quarter. The spring has been active -- switching to policy. The spring has been active on the policy front with momentum building at both federal and state levels for policies that recognize the value of existing nuclear and would put the country on a path to a net 0 future. Both ExGen and the Utilities are well positioned to benefit from these policies and the transition to a clean energy economy. On the federal level, the Biden administration has set out an ambitious goal to reduce greenhouse gas emissions by 50% to 52% by 2030. Nuclear provides more than half of the carbon-free emission electricity in the U.S., with Exelon plants providing 12% of all the carbon-free energy in the United States. The administration is clear that preserving the existing nuclear fleet is key in meeting the goals that they have set. The administration's infrastructure proposal, the American Jobs Plan, would enact policies to help reach the goal. It includes a clean electricity standard that would require 100% clean electricity by 2035, with existing nuclear qualifying as clean; incentives to build 500,000 EV charging stations by 2030; and for 20 gigawatts of high-voltage transmission lines to be built to support the renewable build-out. We're encouraged that the administration and members of Congress recognize the importance of preserving the nuclear fleet to meet the country's clean energy and climate goals. The timing and the outcome of the federal legislation is highly uncertain. And in any case, it will be too late to reverse the retirement decisions for Byron and Dresden. Our states are also advancing clean energy policies. In Illinois, six energy policy reform bills have been introduced that would drive the transition to clean energy and address climate change. The legislative leaders are meeting to craft a package from the various bills that can be considered this session. We're encouraged by the expression of support that continued -- for the continued operation of the nuclear plants. However, the details really matter. A bill needs to pass before the end of the regular session, and it needs to provide adequate support for continuing to invest in the Illinois fleet. Current market prices do not continue to meet -- do not allow us to continue to meet our payroll, paying our property taxes and covering other significant costs and risks of operating these assets. Without adequate policy, as I've stated to you that we will retire uneconomic plants beginning this fall. If you take a look at what happened in New Jersey last week, the Board concluded that the financial challenges faced by nuclear plants there justified a maximum ZEC of $10 per megawatt-hour. The same voices that are arguing in Illinois that our plants are profitable were overruled in New Jersey's decision. The commission in New Jersey emphasized that maintaining the existing nuclear plants was critical to achieving the state's emission goals and -- significantly less costly than replacing nuclear with other 0 free carbon generation. This is true in Illinois. Keeping the nuclear plants running is better option for the customers than trying to replace them with all renewables in storage. At 12 times the cost, higher cost than preserving the nuclear plants, it would cost the Illinois consumers over $80 billion more to achieve the same admissions. We've been advocating for policy changes in Illinois for more than two years because I feel that we have a duty to our customers to preserve every opportunity to correct flawed policies and keep these critical energy resources running. But we're almost out of time, and we'll prematurely retire these assets in the fall if the policy reforms are not passed in this session. Turning to clean energy policy in Pennsylvania. The Senate is moving forward on a bill that would set a state goal for transportation, electrification, low interest, and authorized electric utilities to develop EV infrastructure and plans authorize a recovery for these investments. We support these federal and state policy efforts and stand ready to enable this important transition to a clean energy future. Joe will talk about what our utilities are doing currently on EVs. Moving on to the separation update. Our team is working to get the separation done. We filed our applications for regulatory approval at FERC, the NRC, New York Public Service Commission in February. The NRC has indicated that our application is complete, and they expect to rule by November 30. In New York, comments are due on May 24, and we requested that the commission rule no later than their December 16 meeting. We're on track to get the necessary approvals so that we can close in the first quarter of next year. With that, I'll turn it over to Joe to go into the financial details. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Thank you, Chris, and good morning, everyone. Today, I will cover our first-quarter results, quarterly financial updates, and our hedge disclosures. Turning first to Slide nine. As Chris mentioned, we recorded a loss of $0.06 per share on a non-GAAP basis for the first quarter, driven by the losses from the February weather event. Our Utilities performed ahead of plan for the quarter, delivering a combined $0.72 per share this year, which was $0.11 per share higher than the first quarter of 2020. This was primarily driven by strong operational performance as well as the impacts of distribution rate cases. ExGen reported a loss of $0.58 per share for the quarter. Excluding the five-day weather event in February, ExGen would have earned $0.32 per share as we had anticipated. However, specific to the weather event, we occurred -- we incurred a loss in the first quarter of $0.90 per share. A portion of this loss is due to some penalties or charges associated with our natural gas business, that we ultimately expect to be reduced through waivers and/or recovered from customers later in this year. As we disclosed in our 8-K last week, we estimate our full-year loss from the weather event to be approximately $900 million to $1.1 billion pre-tax or $670 million to $820 million after-tax. We also continue to expect to offset between $550 million and $650 million pre-tax or $410 million and $490 million after-tax for the full year 2021. These offsets will occur primarily at ExGen through a combination of enhanced revenue opportunities, deferral of selected nonessential maintenance, and primarily onetime cost savings, and are mostly expected in the second half of this year. Holdco recorded a loss of $0.20 per share for the quarter, which was a larger loss than is typical in the first quarter and was driven by a tax adjustment required by GAAP to partially offset the tax benefit recorded at ExGen due to the Texas losses. This amount will reverse over the next three quarters and ultimately will not have an impact on full-year results. As Chris stated, we are reaffirming our guidance range of $2.60 a share to $3 per share, and you can see the details on Slide 16 in the appendix. Moving on to Slide 10. Looking at our utility returns on a consolidated basis, our trailing 12-month ROE as of the first quarter has improved to 8.9% from 8.7% last quarter. The 20 basis point increase was primarily due to higher earnings across the operating companies in the first quarter. As a reminder, the calculation is backward-looking. So you should continue to see some pressure on ROEs over the next couple of quarters as we work off the impacts of COVID-19, low interest rates at ComEd, and the 2020 storms. We do expect to be in our targeted range of 9% to 10% by year-end. And looking into the future, we remain focused on delivering strong earned returns at the utilities in supporting our growth targets. Turning to the next slide, 11. Since the last call, there were some important developments on the regulatory front. First, on March 30, PECO filed an electric distribution case with the Pennsylvania Public Utility Commission. PECO is seeking a revenue increase of $246 million for continued investments in electric distribution infrastructure, which will make the local energy grid stronger and more resilient, enhance service, and help the company deliver safe, reliable, and clean energy for consumers. In addition, the filing proposes customer relief offerings for eligible residential and small business customers, and we expect an order in December of this year. Second, ComEd filed its annual distribution formula rate update with the Illinois Commerce Commission on April 16, seeking a $51 million increase to electric distribution base rates. This year's formula rate update filing March ComEd's first request for a distribution rate increase in four years. The filing will support investments to expand access to clean energy through private and community solar and support the growing demand for electric vehicles. Additionally, we continue to make investments and make the power grid more resilient to severe storms, such as those experienced in Northern Illinois last year. We expect to receive an order by early December. We also have several rate cases still in progress, including orders in multiyear plans for Pepco D.C. and Pepco Maryland, which are expected in the second quarter. We continue to have constructive regulatory relationships across our jurisdictions and are working with our regulators, states, and communities to support their clean energy and climate goals. More details on our rate cases can be found on Slides 20 through 28 of the appendix. Slide 12 provides one example of how Exelon Utilities are working with our regulators and states to make investments that will address the climate crisis and help our customers. Our Utilities pay -- play a critical role advancing electric vehicles in our communities. This includes both the installation of publicly available charging stations and investment in the system to support this infrastructure. Exelon Utilities have been leaders in this rapidly growing space by expanding charging infrastructure, offering rebates and incentives, and innovative rates, while electrifying public transportation to deliver convenient, affordable, and equally accessible clean transportation options. Our clean electric transportation programs aim to support nearly 100,000 current electric vehicle drivers across our service territories, aligned with state climate goals and improve overall air quality for all our customers and communities. To date, electric vehicle programs have been approved in Maryland, D.C., Delaware, and New Jersey, with approval pending in Pennsylvania, as part of PECO's recent rate case filing. ComEd also has several ongoing educational and outreach initiatives, and several of the bills Chris spoke about would provide incentives for EV infrastructure. The transportation sector currently represents about 1/3 of total U.S. greenhouse gas emissions. Urban areas, like many of our service territories, are disproportionately affected by air pollution and the negative effects of climate change. One way we aim to help address this is by advocating for and helping to usher in cleaner, zero-emission transportation, particularly in underserved communities. Our programs are designed to reduce common barriers to electric vehicle adoption, including range anxiety, total cost of vehicle ownership, and lack of education and awareness among consumers. Cleaner vehicles on the road help our cities and states meet their environmental goals, reduce their carbon footprint, bring cleaner air to communities, and create economic opportunity through job creation and reduced energy costs. Additionally, Exelon's Utilities are leading by example in setting an aggressive goal to electrify our fleet, including both light and heavy-duty vehicles. We have committed to electrify 30% of our fleet by 2025 and 50% by 2030. Electrifying 50% of the fleet could avoid more than 65,000 metric tons of emissions cumulatively from 2020 to 2030. That's the equivalent to the carbon removed by one million trees planted and grown for 10 years. On Slide 13, we provide a gross margin update. For 2021, total gross margin is down $150 million versus the fourth-quarter call, due to the increase in the estimated impact of the February weather event. The midpoint of our current estimate of the gross margin impact from this event is $950 million. This number is lower than the midpoint of our loss range of $1 billion because it does not include bad debt, which is captured in O&M. Excluding the impacts of the February weather event, gross margin is flat to last quarter. Open gross margin is up $300 million relative to our prior disclosure, primarily due to higher prices in NiHub and West Hub. Our mark-to-market of hedges were down $200 million due to our hedge position, offsetting the increase in open gross margin partially offset by the execution of $100 million of power new business. We also executed $50 million in non-power new business during the quarter. Thank you. And I will now turn back the call to Chris for his closing remarks. Chris M. Crane -- President and Chief Executive Officer Thanks, Joe. Turning to Slide 14. I'll close on our priorities and commitments. We will deliver or exceed our financial commitments, delivering earnings within our guidance range and to maintain strong balance sheet. We will complete preparations to separate the businesses, including the regulatory approvals. At Exelon Utilities, we will prudently and effectively deploy nearly $6.6 billion of capital to benefit our customers and help meet the needs of our states' energy policy goals. We'll work with our regulators to ensure timely recovery on these investments. We'll continue to advocate for clean energy and climate policies with the new administration, Congress, and our states to put our country on the path to meeting our carbon reduction goals. And we'll continue to partner with the support of our customers and our communities that we serve. So thank you all for joining us. And with that, we'll open it up for questions. Questions and Answers: Operator [Operator Instructions] And your first question comes from Stephen Byrd with Morgan Stanley. Stephen Byrd -- Morgan Stanley -- Analyst Hey. Good morning. Thanks for taking my question. Chris M. Crane -- President and Chief Executive Officer Hey, Stephen. Stephen Byrd -- Morgan Stanley -- Analyst I wanted to just get your latest thoughts on ERCOT and market design. We've certainly seen a lot of activity. And you all gave some prepared remarks on that. But just curious, it strikes me it looks like it's a little less likely that the state may go in the direction of sort of fixed resiliency or capacity light payments. But just curious what you're sort of seeing and what direction you think we may take in terms of market design. Chris M. Crane -- President and Chief Executive Officer Yes. Let me have Kathleen cover that. Kathleen L. Barron -- Executive Vice President, Government and Regulatory Affairs and Public Policy Good morning, Stephen. Yes, I think there are a number of ideas under discussion in the legislature. And I guess I wouldn't say that it's less likely that the state will ultimately choose to go down the path of setting a reliability standard. That idea does have some support and is being discussed openly, as are other changes, for example, to the ORDC curve to sort of lengthen it and lower the cap. And then there are other ideas out there as well. So I think there's active discussion in both the House and the Senate over whether and when the legislature should act. There are some who think it should move forward and set some expectations and let the PUCT work on a market design over the balance of the year, whereas others are thinking maybe they'll wait and do it later in the year. So it's a little bit early to tell how those conversations are going to land. But I think the concept of setting, as all the other markets do, a reliability standard and letting the market operator design a market-based way to get there is still under active discussion. Stephen Byrd -- Morgan Stanley -- Analyst That's really helpful. And then maybe going to PJM and FERC. We've seen a lot of activity around the treatment of MOPR. And just curious there, as well your latest thinking on sort of where we may be headed and kind of broader implications, given it looks like we may see a reversal. Kathleen L. Barron -- Executive Vice President, Government and Regulatory Affairs and Public Policy Yes. There are sort of two avenues where that's being discussed. First, at the RTOs themselves. And as you know, PJM has a stakeholder process to work through. How to reform MOPR, they have direction from their Board that they should reform it. But the question is how, and they've laid out a proposal, and they'll be taking comments and working toward the FERC filing in the summer to express their view of how it should be reformed. And then, ultimately, of course, it will be up to FERC. You have two commissioners who are open that they think MOPR should be reformed. The other three, less transparent in terms of how they would vote. So I think there's certainly going to be an effort on PJM's part to make a change. And then the question will be how the votes line up at the commission once that filing is made. Stephen Byrd -- Morgan Stanley -- Analyst Great. Thanks. [Indecipherable] on the others. Appreciate it. Operator And your next question comes from Steve Fleishman with Wolfe Research. Steve Fleishman -- Wolfe Research -- Analyst Hi. Good morning. Chris M. Crane -- President and Chief Executive Officer Good morning. Steve Fleishman -- Wolfe Research -- Analyst Hey, Chris. So a couple of questions, I guess, focused on the nuclear. So first, in Illinois, I know there's been several proposals. The most recent, I think, was from the governor, related also to the audit that he set up. Could you give your views on whether that proposal would be sufficient to keep the Dresden and Byron open? Chris M. Crane -- President and Chief Executive Officer Yes. I mean all of you have written on the economics of the plants and the reality of what the bill is starting at. I think it's -- from what we've heard, it's open negotiation. But just going from The Street analyst opinion and what we've seen, its starting point is not adequate to keep the plants continued operations going. Steve Fleishman -- Wolfe Research -- Analyst Okay. And then just to be clear on Illinois, in the event that maybe they just can't get a build on this session, and they try to go to the veto session. Obviously, you're targeting to shut the plants before then. So can you just confirm clearly whether, if they just don't get something done this session, the plants will shut, Dresden and Byron? Chris M. Crane -- President and Chief Executive Officer Yes. Sure. We've been real clear about that, but we're still optimistic. Most state or legislative bodies, the work comes to an end toward the end of the session. There's a lot of stakeholders involved here. There's a lot of voices that are inputting into it. And the legislature has a tough job of building a single bill out of six suggested bills and making sure that they take care of their constituents as well as all of the other stakeholders involved in the process. So we're not giving up. We're confident that we've got adequate support within the administration and within the legislature, and we'll see how it goes. That said, we have been clear for a couple of years. And it's just the reality, we cannot continue to run uneconomic plants and challenge the balance sheets of the Genco or the Holdco. We've got commitments. As I said earlier, we're going to make payroll. We've got to pay pensions. We've got to pay our bills. We have to have an investment-grade credit rating that we can access capital markets. And when you have plants that are uneconomic and pulling you down, it's a tough decision, but it's one that we've made. And we'll continue to be optimistic that we can work with the stakeholders and the legislative body and the administration. But short of getting something done, we'll have to start to proceed what we are already doing the planning proceed for the shutdown. You can't order fuel. You can't do capital improvement. You can't do a lot of stuff in the face of uncertainty, which causes you to spend hundreds of millions to billions of dollars on plants that just aren't going to support themselves. Steve Fleishman -- Wolfe Research -- Analyst Okay. One final question on nuclear. Just the -- there was a story, I think, in -- on Bloomberg this morning, talking about a nuclear obscurity being discussed in the Biden -- with the Biden administration and legislators. Could you talk about what you're hearing on that and whether we're seeing momentum in that as part of the Biden infrastructure plan? Kathleen L. Barron -- Executive Vice President, Government and Regulatory Affairs and Public Policy Hey, Steve, this is Kathleen. I can take that one. As Chris mentioned, the Biden proposal is for a clean energy standard. That's inclusive of existing nuclear and is technology-neutral. That is what their proposal is. That's on the table. We saw the story this morning as well. But of course, their plan does not currently include a PTC for existing nuclear nor has one been introduced in either chamber. So it's obviously helpful that there is a growing focus on the fact that the existing nuclear fleet is integral to getting to any of the carbon targets that have been set. And we welcome that sort of change in focus and a growing understanding. But the challenge remains that we're not yet even to the point where we know, is Congress going to move forward on a bipartisan basis? Does a bill need to be drafted that would be consistent with reconciliation? And the timing and the outcome is just far too uncertain for us to make any decisions here based on that. Obviously, to the extent something happens in Congress, that's a long-term positive for the company. But just one Reuters story is not enough to -- we have to make decisions based on current economics and current policy. Steve Fleishman -- Wolfe Research -- Analyst Great. Thank you. Chris M. Crane -- President and Chief Executive Officer Thanks. Operator And your next question comes from James Thalacker with BMO Capital Markets. James Thalacker -- BMO Capital Markets -- Analyst Good morning and thanks for taking my question. Chris M. Crane -- President and Chief Executive Officer Good morning. Sure. James Thalacker -- BMO Capital Markets -- Analyst I just want to touch briefly on the governor's legislative proposal and I guess his proposal for an application of an $8 a ton carbon mechanism. I know it's early. And as you -- but as you think about the final market structure and a pretty clean generation stack in Illinois already, how do you see the pass-through of this potential tax on power prices? In New York, you've seen about a 35% -- 25% to 35% pass-through, but it's not clear to me how you can sort of tax on the state supply from Wisconsin or Illinois. So where do you guys kind of see the potential uplift in power prices in its early stages, understanding the final market structure is yet to be determined? Chris M. Crane -- President and Chief Executive Officer It's a difficult -- I'm going to let Kathleen get into the technical details. But it's difficult for a single state that is an island surrounded by other states without the same policy not to have leakage coming in. So as we pointed out if we shut down those four reactors that we're talking about, they will be replaced by leakage, the energy coming in. So we will go backwards in that area. How you monitor that and how you tax on it is a very difficult thing in an island. Kathleen, I don't know if you want to go into more technical. Kathleen L. Barron -- Executive Vice President, Government and Regulatory Affairs and Public Policy I think you covered it. I mean, I think the issue is when you have a national carbon price, you would see a high pass-through rate given the amount of fossil that's still in the stack. But when it's a single state, it's just -- our estimates are that there would be a very small impact on carbon energy prices due to out-of-state plants running more frequently. James Thalacker -- BMO Capital Markets -- Analyst Okay. Great. And I just wanted to see if you could kind of give me a quick update on the outage at the LaSalle plant and what's your outlook for the cost and the timing for its return. Chris M. Crane -- President and Chief Executive Officer Bryan Hanson, he's our COO of Generation. You want to cover that? Bryan Hanson -- Executive Vice President and Chief Generation Officer Yes. Thanks, James. Yes, the LaSalle Unit two reactor was out of service for an extra 34 days when we found through maintenance activities higher-than-expected deterioration of 2,000 reactor recirculation system. And because of the size and location of these valves, we had to design and deploy special welding and machining tools to make the necessary repairs which were required prior to returning that unit to service. It involves several hundred people given the difficulty of that work. That unit has since been returned to service. The cost was a significant impact for that particular plant. And these types of risks are the kinds of things that we have to take into account when we are assessing the financial viability of each of those plants. But that unit has been returned to service and ready for a summer run. James Thalacker -- BMO Capital Markets -- Analyst Okay. Great. Thank you, guys, for all the help. Chris M. Crane -- President and Chief Executive Officer Thanks. Operator And your next question comes from Shar Pourreza with Guggenheim. Shar Pourreza -- Guggenheim -- Analyst Hey. Good morning, guys. Chris M. Crane -- President and Chief Executive Officer Good morning, Shar. Shar Pourreza -- Guggenheim -- Analyst Chris and Joe, have you had any conversations with the agencies kind of about the SpinCo since the fallout we saw in Texas? Just trying to get a bit of a sense if this is more of a structural risk going forward as we're thinking about sort of the general business model for the IPPs or just kind of an anomalistic situation. I mean, especially as we're sort of thinking about the stand-alone ExGen entity and maintaining IG ratings post-spin. And obviously, we understand that the metrics are extremely healthy. But I'm just kind of curious how they're thinking about the business -- maybe a little bit more qualitative factors post the weather event. I just have a follow-up. Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Yes. Sure. Good morning. As you could imagine, we've had numerous contacts with the agencies since the event in February. And you saw, after the announcement on our fourth quarter call of separation, they all -- that Moody's and S&P published some preliminary thoughts on both Generation and on the RemainCo or Exelon. On the 29th of April, S&P came out and updated some commentary on ExGen and affirm their investment-grade rating and the stable outlook. And it's important to note that they've also delinked them from the corporation effectively from the standpoint of the fact that we have announced separation. So we continue to have dialogue with each of the agencies. All three of them have Generation rated investment grade currently. And we continue to expect that to happen in the future as we manage our business. Shar Pourreza -- Guggenheim -- Analyst Okay. Thank you for that. Chris M. Crane -- President and Chief Executive Officer A key to that is managing the business and managing the risk and understanding the risk. It was an unprecedented weather event that was beyond potentially the design basis of the plants. And we have to take that into consideration as we look at our risk profile going forward. We will not continue to weather risk like that, that could challenge the balance sheet and the investment-grade ratings. Shar Pourreza -- Guggenheim -- Analyst Got it. And then just lastly, there's been some noise building on the Chicago franchise agreement. Is there sort of a path forward there? Any sense on timeline? Anything on expectations you can share? I mean I just were curious if this is going to turn into a San Diego situation or not. Chris M. Crane -- President and Chief Executive Officer Joe Dominguez, we'll let cover that. I believe he's on. Joseph Dominguez -- Chief Executive Officer of ComEd Yes. Hey, Shar. How are you? Good morning. Shar Pourreza -- Guggenheim -- Analyst Hey, Joe. Joseph Dominguez -- Chief Executive Officer of ComEd Yes. First of all, Chicago is a world-class city, and we're privileged to serve it. And we want to continue that relationship. And we've been working with the city for some time on terms for a new franchise agreement. As you know, the franchise agreement continues until a new one is approved or until a new franchise -- or franchisee is selected. They are going to explore all their options. And I think they are going to follow a blueprint like San Diego used to solicit ideas. We have an RFI that's been issued. We'll participate in that RFI. We'll see if others do. And we'll see what ideas come out of that process. That's expected to close on May 28. In the meantime, we are continuing with the discussions around the new franchise agreement. And we're pretty confident that ComEd is going to be successful at the end. We have a lot to offer. We're leaning in on the city's priorities around energy efficiency, jobs, support for low-income families, clean and renewable energy, and more. I think the most important thing for the city, and they've been very clear about this, is making the city reliable and resilient against some of the storms. We have talked on these calls about some of the storms we've experienced. We added ratio in August, where we had 110-mile per hour hurricane and force winds our service territory. 15 tornadoes landed. It was the second most expensive storm in the U.S. this year. And unfortunately, that event has not been an anomaly. We saw unprecedented flooding coming off the lake in the summer. And just maybe 12 months earlier, we saw polar vortex that brought with it negative 30-degree weather. So the city, I think, is rightfully concerned about the changing weather from the climate crisis. And notwithstanding these weather events, Chris reviewed earlier some of our performance. We're not only top decile in SAIFI and CAIDI, but I think, best-in-class in both categories, first time for this company to achieve that. And we've been able to make the investments, keep residential rates low, and so on. So I think we're doing what we need to do. We're investing philanthropically in the city. And I think it's important to note. I think we all know this, that serving cities alone is a pretty expensive proposition. The infrastructure is expensive doing any work in the city is expensive just because of the density of existing infrastructure. You tend to have more of a concentration of low-income customers in the city for a variety of reasons. It's more expensive. When the city is part of a broader Chicago system, and the city accounts for about 1/3 of ComEd, we have the ability to use the horsepower and the talent not only within ComEd, but the Exelon family of companies to come in, repair the system when it's damaged as a result of weather. But also, we have the financial wherewithal of the industry and the businesses and the people that live outside of Chicago in the suburbs to cover some of the costs for the city's more economically challenged citizens. So we think the whole package is going to be valuable. You mentioned the San Diego process. We've followed that for some time. I don't think there was, at the end of the day, anyone who actually competed for the franchise there. But it is a process. And it's a transparent process that we need to go through, and we appreciate that. And in the meantime, as I said, we're going to lean into it. If the city decides to go into in a different direction, they would have the pay ComEd upwards of $7 billion for the system, depending on the timing of the transaction. And because these systems were built in an interconnected way, we anticipate that there would be about $5 billion or more in separation costs that would take upwards of a decade to complete new substations, control centers, computer platforms alike. So this is going to be a long road if the city goes in that direction. We understand this move within the fabric of the negotiations that we've been having with the city. And I'm confident that the proposal we're going to offer is going to allow us to continue this long-standing relationship. And we will be very fortunate to be able to continue to serve this great city. Shar Pourreza -- Guggenheim -- Analyst Terrific. Thank you, guys, for all the detailed answers. Appreciate it. Operator And your next question comes from Michael Weinstein with Credit Suisse. Michael Weinstein -- Credit Suisse -- Analyst Hi, guys. Thanks for the question. On electric vehicle charging infrastructure, this is still pretty early days, I understand that. But is there -- at what point does this become a significant portion of capex opportunity? What do you think that opportunity is? And when do you think it really starts to kick in? Calvin G. Butler, Jr. -- Senior Executive Vice President and Chief Executive Officer of Exelon Utilities Hey, Michael. This is Calvin. I would say we continue to look at EV infrastructure and partner with all of our jurisdictions on how we go about it. And Chris, I think it was -- no, Joe outlined in detail what we're doing in each of our jurisdictions in terms of EV adoption, charging infrastructure, and the like. Right now, it is not a significant piece of our capital plan. Chris alluded to the $6.6 billion that we will execute this year, and it's just scratching the surface. But at the end of the day, it is part of our business priorities moving forward. As you laid out, 50% of our fleet will be electrified internally by 2030. And we continue to look at working with each of our jurisdictions to encourage them in that way in investing in infrastructure. So the bottom line is that it's a small portion of our total capital investment, but it is on our plan to continue to grow. Chris M. Crane -- President and Chief Executive Officer The infrastructure investment beyond the EV charging stations is something that our engineering units are working on. Between EV and distributed generation, upgrading lines, changing voltage levels, that gets into a lot more complicated, but it's a bigger part of the investment. Michael Weinstein -- Credit Suisse -- Analyst Yes. That's what I was thinking of. Is there a tipping point or a point where the curve starts to really kick in gear? And what year do you think that approximately happens? And is this a 2030s type opportunity or more of a maybe late 2020s? That's -- just trying to think the outcomes. Chris M. Crane -- President and Chief Executive Officer Yes. It's something we're working on now, more for the distributed generation. There's analysis that goes into the circuits to make sure that we're not overloading them, and we're upgrading them as we see the demand go up. And so I think we're investing now. A tipping point, I think it's going to be a gradual investment over a 10-year-plus period. It's not going to all of a sudden hit immediately one day. And I'll give you an example. Philadelphia Electric and BGE are upgrading their voltages on their distribution systems from 4,160 to 13,800 in anticipation of more distributed generation, but that will also support EV. So it gives us more capacity on the circuits to allow the customers to get the services they want. Michael Weinstein -- Credit Suisse -- Analyst Got you. Just one last question. On the New York Public Service Commission filing for separation, is there any reason why you think it might take longer than the end of the year to get an approval there? Kathleen L. Barron -- Executive Vice President, Government and Regulatory Affairs and Public Policy This is Kathleen, Michael. I can take that. I mean we haven't even seen comments yet on the New York application. They were due at the end of the month. We had to ask for action by the end of the year, and we think the agency is capable of acting in that period. But of course, we need to see what the comments are. And we'll have a better sense once we do. We have targeted close in the first quarter of next year. So if we need a little bit extra time, whether in the New York case or at the NRC, we have accounted for that. But again, we think that acting by the end of the year is doable in New York. Michael Weinstein -- Credit Suisse -- Analyst Got you. Thank you very much. Operator And our final question comes from Michael Lapides with Goldman Sachs. Michael Lapides -- Goldman Sachs -- Analyst Hey. Two questions for you, actually unrelated. One, some of the potential draft Illinois legislative approaches have pretty decent changes to how Commonwealth Edison's rate-making process would work. Could you just give an update on what you think the puts and takes are? What are the things that could actually be a benefit to ComEd's earnings power? What are the things in there that could be a headwind if implemented to ComEd's earnings? Chris M. Crane -- President and Chief Executive Officer Joe Dominguez, do you want to cover that? Joseph Dominguez -- Chief Executive Officer of ComEd Yes. There's a lot of different proposals at this point, Michael. I think the common thread in all of them is that we would come out of the formula rate. And so -- as you know, the formula rate historically for the last 10 years, really throughout the entirety of EMA, has produced an ROE that is significantly lower than the national average. And that's resulted in billions of dollars of savings for our customers over that period of time. As we emerge from the formula and we come to a more normalized ROE, there will be an opportunity for expanded earnings at ComEd. At the same time, one of the things we very much liked about the formula is our ability to plan work for years in advance. We don't -- as you well know, we don't do radically different things year-to-year. We kind of continue to invest in poles, wires, smart devices, those sorts of things over the course of years. And the formula had given us some certainty that we were going to be able to continue those investments, and that allowed us to kind of make arrangements with our vendors so that we could maximize efficiencies there, both from a supply standpoint as well as from a labor standpoint. So one of the things I worry about coming out of the formula is that planning process. Are we going to continue to see volatility from rate case to rate case? So some of the ideas that have been proposed are aimed at looking at a longer-term transparent investment direction coming out of the company and being reviewed by the commission. For example, the labor proposals would have us produce reports every four years, showing all the investments that we're going to make. And it would give stakeholders an opportunity to take a look at that. We wouldn't necessarily get an approval from that. But it would give people a good understanding of what we're trying to do, what we're trying to invest in the system as we integrate renewables and build on the resilience of the system. So that would be, I think, helpful so that we have some clarity in the process about where we're going next. It's clear to me that to continue the level of reliability that we've been able to attain and meet the challenge of these storms, integrate renewables, integrate fleets of electric cars, trucks, and buses, we're going to need to continue to invest in the system the way we have been investing in those technologies. The formula gave us a clearer path for doing that. And one of the concerns I have about just returning to traditional rate-making is we don't have that year-over-year clarity. And you could get the volatility and rate outcomes, and that turns into volatility in terms of your workforce, volatility in terms of your suppliers, and the loss of efficiency there. So I think those are the puts and takes, at least as I see the legislation right now. And I think as Chris said, the policymakers have been meeting routinely on that. And I think those are the issues they're worried about as well. Michael Lapides -- Goldman Sachs -- Analyst Got it. And then one quick follow-up, unrelated, on taxes. You can't necessarily rely on ERCOT or the PUCT to act quickly and make market design changes. Often, they've been very reticent to do so. Is there anything you're thinking about doing, either from a contracting standpoint or something physical at the plant, aka maybe backup generation on-site with storage tanks or something like that to forestall potential risk like what just played out happening in the future? Chris M. Crane -- President and Chief Executive Officer Right now, the design of ERCOT does not compensate for reliability, availability. It's a pure energy market only. We would have to take into consideration, as ERCOT and the commission continues to deliberate on what the design could be is what we could afford to invest into those plants for that resiliency. In PJM, it's a very resilient market. We're compensated. And we're penalized if we don't produce. That is not the structure that ERCOT has taken in the past. And so it leaves the generators competing against significant amounts of wind suppressing the prices during the shoulder months, especially. And then you have to look at your return on capital to make the investments for that. So going to a dual fuel, going to a different design basis for temperatures can be an expensive proposition. And if you're not getting rewarded for that and the market doesn't prioritize that, it would be difficult to do. Michael Lapides -- Goldman Sachs -- Analyst Got it. Okay. I was just thinking, is it materially expensive to add things like fuel oil tanks to some of the gas plants that could store a couple of days for use in emergency only? Is that prohibitively expensive relative, I guess, if I were to compare it to what just happened? Chris M. Crane -- President and Chief Executive Officer No. It is expensive, but it's more complicated than just having oil on site. The plants are designed for a gradient of temperatures. And we're starting to see those temperatures expand in the variants. And so you have to do more than just put oil tanks on in dual fire, make the modifications on the firing jets, in the turbines -- excuse me, in the generators. And so you would -- it is much more complicated than just a couple of oil tanks to make sure that the resiliency is there. And then you've got to make sure that you're being compensated, like PJM does, for those investments. And we stand up. We made those investments in PJM. And we also know that we'll be penalized if we don't produce in PJM. So if and when ERCOT decides that availability and reliability of the fleet is a priority, which thus far, they have not, we would be able to participate in that market and make whatever modifications make economic sense to weather the storm. It's a pretty good cliche there. Michael Lapides -- Goldman Sachs -- Analyst Got it. Thank you, Sir. Much appreciated. Chris M. Crane -- President and Chief Executive Officer All right. Okay. Thanks, everybody, for joining the call today. I hope you all stay and your families stay safe and healthy. And with that, I'll close out the call. Operator [Operating Closing Remarks] Duration: 56 minutes Call participants: Daniel L. Eggers -- Senior Vice President, Corporate Finance Chris M. Crane -- President and Chief Executive Officer Joseph Nigro -- Senior Executive Vice President and Chief Financial Officer Kathleen L. Barron -- Executive Vice President, Government and Regulatory Affairs and Public Policy Bryan Hanson -- Executive Vice President and Chief Generation Officer Joseph Dominguez -- Chief Executive Officer of ComEd Calvin G. Butler, Jr. -- Senior Executive Vice President and Chief Executive Officer of Exelon Utilities Stephen Byrd -- Morgan Stanley -- Analyst Steve Fleishman -- Wolfe Research -- Analyst James Thalacker -- BMO Capital Markets -- Analyst Shar Pourreza -- Guggenheim -- Analyst Michael Weinstein -- Credit Suisse -- Analyst Michael Lapides -- Goldman Sachs -- Analyst More EXC analysis All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Wednesday's ETF Movers: OIH, XLU In trading on Wednesday, the Oil Services ETF is outperforming other ETFs, up about 4.7% on the day. Components of that ETF showing particular strength include shares of Oceaneering International, up about 17.4% and shares of DMC Global, up about 12.2% on the day. And underperforming other ETFs today is the The Utilities Select Sector SPDR\u2014 Fund ETF, down about 2% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Exelon, lower by about 3.4%, and shares of Public Service Enterprise Group, lower by about 3.3% on the day. VIDEO: Wednesday's ETF Movers: OIH, XLU The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""U.S. eyes nuclear reactor tax credit to meet climate goals -sources By Jarrett Renshaw and Timothy Gardner WASHINGTON, May 5 (Reuters) - The White House has signaled privately to lawmakers and stakeholders in recent weeks that it supports taxpayer subsidies to keep nuclear facilities from closing and making it harder to meet U.S. climate goals, three sources familiar with the discussions told Reuters. New subsidies, in the form of \""production tax credits,\"" would likely be swept into President Joe Biden's multi-trillion-dollar legislative effort to invest in infrastructure and jobs, the sources said. Wind and solar power producers already get these tax rebates based on levels of energy they generate. Biden wants the U.S. power industry to be emissions free by 2035. He is asking Congress to extend or create tax credits aimed at wind, solar and battery manufacturing as part of his $2.3 trillion American Jobs Plan. The United States leads the world with more than 90 nuclear reactors, the country's top source of emissions-free power generation. Yet aging plants have been closing due to rising security costs and competition from plentiful natural gas, wind and solar power, which are becoming less pricey. \""There's a deepening understanding within the administration that it needs nuclear to meet its zero-emission goals,\"" said a source engaged in the talks and familiar with the White House thinking. The White House had no comment. New York state's Indian Point nuclear power plant, owned by Entergy Corp ETR.N, closed its last reactor on April 30. In Illinois, Exelon Corp EXC.O has said it might close four reactors at two plants by November, if the state does not implement subsidies. Nuclear plants provide thousands of union jobs that pay some of the highest salaries in the energy business. Biden's allies in building trades unions have lobbied for the production tax credits. The credits also have the support of Democratic Senator Joe Manchin from the energy-rich state of West Virginia, two of the sources said.He holds outsized power in the evenly divided Senate because he can block his party's agenda. Manchin's office did not immediately respond to a request for comment. THE STRUGGLE TO SAVE REACTORS Preliminary plans for a federal nuclear power production tax credit in deregulated markets bar companies from double-dipping in states that offer similar assistance, according to one of the sources. Companies also would have to prove financial hardship, the source said. While Biden pledged in his campaign to boost spending for research on new generation of advanced nuclear plants, his White House, like the preceding Trump and Obama administrations, has struggled to devise a blueprint to save the existing reactors. The Biden administration has also supported a Clean Energy Standard (CES) in the infrastructure plan, a mechanism that could support existing nuclear plants. Such a standard could co-exist with production tax credits, which would set gradually more ambitious targets for the power industry to cut emissions until they hit net-zero. The production tax credit could be implemented on a faster timetable and could help save even the Illinois plants, some experts say. Exelon, however, believes that the only way they can be saved is by Illinois taking action. \u201cWe\u2019re racing to cut emissions, create jobs, and shore up local economies -- allowing nuclear plants to close sets us back on all three fronts,\"" said Ryan Fitzpatrick, director of the climate and energy program at Third Way, a moderate think tank. Anactivist group slammed the of tax credits for aging plants saying it would slow deployment of renewable energy like wind and solar power. \""A nuclear bailout is wrong for taxpayers, wrong for ratepayers, and wrong for the climate,\"" said Lukas Ross, program manager at Friends of the Earth. (Reporting by Timothy Gardner and Jarrett Renshaw; Editing by Heather Timmons, Leslie Adler and David Gregorio) ((timothy.gardner@thomsonreuters.com; +1 202 898-8360 (Twitter @timogard); Reuters Messaging: timothy.gardner.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""White House eyes subsidies for nuclear plants to help meet climate targets -sources By Jarrett Renshaw and Timothy Gardner WASHINGTON, May 5 (Reuters) - The White House has signaled privately to lawmakers and stakeholders in recent weeks that it supports taxpayer subsidies to keep existing nuclear facilities from closing, bending to the reality that it needs these plants to meet U.S. climate goals, three sources familiar with the discussions told Reuters. The new subsidies, in the form of \""production tax credits,\"" would likely be swept into President Joe Biden's multi-trillion-dollar legislative effort to invest in the nation's infrastructure and jobs, the sources said. Wind and solar power producers already get these tax rebates based on levels of energy they generate. Biden wants the U.S. power industry to be emissions free by 2035. He is also asking Congress to extend or create tax credits aimed at wind, solar and battery manufacturing as part of his $2.3 trillion American Jobs Plan. The United States has more than 90 nuclear reactors, the most in the world, and the business is the country's top source of emissions-free power generation. But these aging plants have been closing, some as recently as last month, due to rising security costs and competition from plentiful natural gas, wind and solar power, which are rapidly becoming less pricey. Losing more nuclear plants could make Biden's zero-emissions goal challenging, if not impossible, analysts have said. \""There's a deepening understanding within the administration that it needs nuclear to meet its zero-emission goals,\"" said a source engaged in the talks and familiar with the White House thinking. The White House had no comment. New York state's Indian Point nuclear power plant, owned by Entergy Corp ETR.N, closed its last reactor on April 30. In Illinois, Exelon Corp EXC.O has threatened to close four reactors at two plants by November, if the state does not implement subsidies. The plants provide thousands of union jobs that pay some of the highest salaries in the energy business. Biden's allies in the building trades unions have lobbied the White House for the production tax credits. The credits also have the support of Democratic Senator Joe Manchin, a moderate from the energy-rich state of West Virginia, who holds outsized power in the evenly divided Senate because he can to block his party's agenda, two of the sources said. Manchin's office did not immediately respond to a request for comment. THE STRUGGLE TO SAVE REACTORS Preliminary plans for afederal nuclear power production tax credit in deregulated markets bar companies from double-dipping in states that offer similar assistance, according to one of the sources. Companies also would have to prove financial hardship, the source said. While Biden pledged in his campaign to boost spending for research on new generation of advanced nuclear plants, his White House, like the preceding Trump and Obama administrations, has struggled to devise a blueprint to save the existing reactors. The Biden administration has also supported a Clean Energy Standard (CES) in the infrastructure plan, a mechanism that could support existing nuclear plants. A CES, which could co-exist with production tax credits, would set gradually more ambitious targets for the power industry to cut emissions until they hit net-zero. The production tax credit could be implemented on a faster timetable and could help save even the Illinois plants, some experts say. \u201cWe\u2019re racing to cut emissions, create jobs, and shore up local economies -- allowing nuclear plants to close sets us back on all three fronts,\"" said Ryan Fitzpatrick, director of the climate and energy program at Third Way, a moderate think tank. (Reporting by Timothy Gardner and Jarrett Renshaw; Editing by Heather Timmons and Leslie Adler) ((timothy.gardner@thomsonreuters.com; +1 202 898-8360 (Twitter @timogard); Reuters Messaging: timothy.gardner.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp Q1 adjusted earnings Miss Estimates (RTTNews) - Below are the earnings highlights for Exelon Corp (EXC): -Earnings: -$289 million in Q1 vs. $582 million in the same period last year. -EPS: -$0.30 in Q1 vs. $0.60 in the same period last year. -Excluding items, Exelon Corp reported adjusted earnings of -$60 million or -$0.06 per share for the period. -Analysts projected $0.36 per share -Revenue: $9.89 billion in Q1 vs. $8.75 billion in the same period last year. -Guidance: Full year EPS guidance: $2.60 - $3.00 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""White House eyes subsidies for nuclear plants to help meet climate targets -sources By Jarrett Renshaw and Timothy Gardner WASHINGTON, May 5 (Reuters) - The White House has signaled privately to lawmakers and stakeholders in recent weeks that it supports taxpayer subsidies to keep existing nuclear facilities from closing, bending to the reality that it needs these plants to meet U.S. climate goals, three sources familiar with the discussions told Reuters. The new subsidies, in the form of \""production tax credits,\"" would likely be swept into President Joe Biden's multi-trillion-dollar legislative effort to invest in the nation's infrastructure and jobs, the sources said. Wind and solar power producers already get these tax rebates based on levels of energy they generate. Biden wants the U.S. power industry to be emissions free by 2035. He is also asking Congress to extend or create tax credits aimed at wind, solar and battery manufacturing as part of his $2.3 trillion American Jobs Plan. The United States has more than 90 nuclear reactors, the most in the world, and the business is the country's top source of emissions-free power generation. But these aging plants have been closing, some as recently as last month, due to rising security costs and competition from plentiful natural gas, wind and solar power, which are rapidly becoming less pricey. Losing more nuclear plants could make Biden's zero-emissions goal challenging, if not impossible, analysts have said. \""There's a deepening understanding within the administration that it needs nuclear to meet its zero-emission goals,\"" said a source engaged in the talks and familiar with the White House thinking. The White House had no comment. New York state's Indian Point nuclear power plant, owned by Entergy Corp ETR.N, closed its last reactor on April 30. In Illinois, Exelon Corp EXC.O has threatened to close four reactors at two plants by November, if the state does not implement subsidies. The plants provide thousands of union jobs that pay some of the highest salaries in the energy business. Biden's allies in the building trades unions have lobbied the White House for the production tax credits. The credits also have the support of Democratic Senator Joe Manchin, a moderate from the energy-rich state of West Virginia, who holds outsized power in the evenly divided Senate because he can to block his party's agenda, two of the sources said. Manchin's office did not immediately respond to a request for comment. THE STRUGGLE TO SAVE REACTORS Preliminary plans for afederal nuclear power production tax credit in deregulated markets bar companies from double-dipping in states that offer similar assistance, according to one of the sources. Companies also would have to prove financial hardship, the source said. While Biden pledged in his campaign to boost spending for research on new generation of advanced nuclear plants, his White House, like the preceding Trump and Obama administrations, has struggled to devise a blueprint to save the existing reactors. The Biden administration has also supported a Clean Energy Standard (CES) in the infrastructure plan, a mechanism that could support existing nuclear plants. A CES, which could co-exist with production tax credits, would set gradually more ambitious targets for the power industry to cut emissions until they hit net-zero. The production tax credit could be implemented on a faster timetable and could help save even the Illinois plants, some experts say. \u201cWe\u2019re racing to cut emissions, create jobs, and shore up local economies -- allowing nuclear plants to close sets us back on all three fronts,\"" said Ryan Fitzpatrick, director of the climate and energy program at Third Way, a moderate think tank. (Reporting by Timothy Gardner and Jarrett Renshaw; Editing by Heather Timmons and Leslie Adler) ((timothy.gardner@thomsonreuters.com; +1 202 898-8360 (Twitter @timogard); Reuters Messaging: timothy.gardner.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-05-06,29.361,30.0421,29.1119,30.0166,
EXC,2021-05-07,30.0899,30.4671,29.9746,30.1506,
EXC,2021-05-10,30.2658,30.4846,30.0166,30.0421,
EXC,2021-05-11,30.1299,30.218,29.578,29.9883,"Ex-Dividend Reminder: Kroger, FirstCash and Exelon Looking at the universe of stocks we cover at Dividend Channel, on 5/13/21, Kroger Co (Symbol: KR), FirstCash Inc (Symbol: FCFS), and Exelon Corp (Symbol: EXC) will all trade ex-dividend for their respective upcoming dividends. Kroger Co will pay its quarterly dividend of $0.18 on 6/1/21, FirstCash Inc will pay its quarterly dividend of $0.30 on 5/28/21, and Exelon Corp will pay its quarterly dividend of $0.3825 on 6/10/21. As a percentage of KR's recent stock price of $39.19, this dividend works out to approximately 0.46%, so look for shares of Kroger Co to trade 0.46% lower — all else being equal — when KR shares open for trading on 5/13/21. Similarly, investors should look for FCFS to open 0.42% lower in price and for EXC to open 0.86% lower, all else being equal. When an S&P 1500 component reaches 20 years of dividend increases, it becomes a contender to join the elite ""Dividend Aristocrats"" index. Kroger Co (Symbol: KR) is a ""future dividend aristocrats contender,"" with 15+ years of increases. Below are dividend history charts for KR, FCFS, and EXC, showing historical dividends prior to the most recent ones declared. Kroger Co (Symbol: KR): FirstCash Inc (Symbol: FCFS): Exelon Corp (Symbol: EXC): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.84% for Kroger Co , 1.67% for FirstCash Inc, and 3.46% for Exelon Corp. In Tuesday trading, Kroger Co shares are currently up about 0.8%, FirstCash Inc shares are off about 2.3%, and Exelon Corp shares are off about 0.5% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-05-12,29.786,30.0899,28.9801,29.0875,"[""Exelon Corporation (EXC) Ex-Dividend Date Scheduled for May 13, 2021 Exelon Corporation (EXC) will begin trading ex-dividend on May 13, 2021. A cash dividend payment of $0.382 per share is scheduled to be paid on June 10, 2021. Shareholders who purchased EXC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that EXC has paid the same dividend. At the current stock price of $44.44, the dividend yield is 3.44%. The previous trading day's last sale of EXC was $44.44, representing a -4.15% decrease from the 52 week high of $46.37 and a 30.84% increase over the 52 week low of $33.97. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation (DUK) and Southern Company (SO). EXC's current earnings per share, an indicator of a company's profitability, is $1.11. Zacks Investment Research reports EXC's forecasted earnings growth in 2021 as -13.66%, compared to an industry average of 4.2%. For more information on the declaration, record and payment dates, visit the EXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EXC through an Exchange Traded Fund [ETF]? The following ETF(s) have EXC as a top-10 holding: VanEck Vectors Uranium & Nuclear Energy ETF (NLR) Virtus Reaves Utilities ETF (UTES) John Hancock Multifactor Utilities ETF (JHMU) SPDR Select Sector Fund - Utilities (XLU) iShares U.S. Utilities ETF (IDU). The top-performing ETF of this group is NLR with an increase of 10.25% over the last 100 days. It also has the highest percent weighting of EXC at 6.78%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pepco's Warsaw IPO likely to be priced at 40 zloty per share, say bookrunners WARSAW, May 12 (Reuters) - The market debut of discount retailer Pepco is likely to be priced at least at 40 zlotys ($10.68) per share, bookrunners said on Wednesday, meaning shareholders may sell stock worth around 3.7 billion zlotys in what may be Poland's biggest IPO of 2021. While the expected pricing is towards the lower end of the 38 zloty to 46 zloty-per-share indicative price range, the fact that South African conglomerate Steinhoff SNHJ.J chose Warsaw over London to list Pepco came as a boost to the Polish stock exchange. The Polish bourse was passed over by parcel delivery company InPost INPST.AS, which chose to list in Amsterdam in January. Bookrunners said that the final offer size meant that 18% of the company, or 92,446,602 shares would be sold. Books close at 1100 GMT on Thursday, and have been oversubscribed on the maximum deal size, the bookrunners said. Pepco trades from more than 3,200 stores across 16 countries. ($1 = 3.7419 zlotys) ($1 = 3.7443 zlotys) (Reporting by Alan Charlish, editing by Louise Heavens) ((alan.charlish@thomsonreuters.com; +48 22 104 25 27 ;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-05-13,29.2155,30.3108,29.1393,30.2354,
EXC,2021-05-14,30.3313,30.7328,30.2638,30.6997,"Pepco's Warsaw listing values Poundland owner at 5 bln euros Adds detail LONDON, May 14 (Reuters) - South African conglomerate Steinhoff SNHJ.J said on Friday it had set the price of shares in discount retailer Pepco at 40 zlotys (8.8 euros) in its Warsaw listing, giving the company a market capitalisation of 23 billion zlotys (5 billion euros). Pepco, which owns the Poundland chain in the United Kingdom as well as the PEPCO and Dealz brands in Europe, trades from more than 3,200 stores across 16 countries and is led by CEO Andy Bond, a former boss of British supermarket group Asda. The pricing is towards the lower end of the 38 zloty to 46 zloty per share indicative price range. Steinhoff, which is still grappling with the fallout from a 2017 accounting scandal, sold 102.3 million existing shares in Pepco, generating gross proceeds of 4.1 billion zlotys (900 million euros). There is an over-allotment option of a maximum of 12 million shares. The IPO reduces Steinhoff's shareholding in Pepco to 78.9%, assuming full exercise of the over-allotment option. Pepco shares are expected to start trading on the Warsaw Stock Exchange on May 26. ($1 = 3.7418 zlotys) (Reporting by James Davey; editing by Andrew MacAskill) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-05-17,30.6313,30.808,30.4261,30.6997,
EXC,2021-05-18,30.638,31.1314,30.5639,31.0807,
EXC,2021-05-19,30.9859,31.4138,30.6791,31.0045,"Wednesday Sector Leaders: Technology & Communications, Utilities In afternoon trading on Wednesday, Technology & Communications stocks are the best performing sector, higher by 0.3%. Within that group, Take-Two Interactive Software, Inc. (Symbol: TTWO) and Enphase Energy Inc. (Symbol: ENPH) are two of the day's stand-outs, showing a gain of 6.0% and 5.6%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is flat on the day on the day, and up 3.25% year-to-date. Take-Two Interactive Software, Inc., meanwhile, is down 14.46% year-to-date, and Enphase Energy Inc., is down 26.29% year-to-date. ENPH makes up approximately 0.2% of the underlying holdings of XLK. The next best performing sector is the Utilities sector, losing just 0.4%. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and American Water Works Co, Inc. (Symbol: AWK) are the most notable, showing a gain of 0.7% and 0.3%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 0.5% in midday trading, and up 4.51% on a year-to-date basis. Exelon Corp, meanwhile, is up 10.74% year-to-date, and American Water Works Co, Inc., is down 0.48% year-to-date. Combined, EXC and AWK make up approximately 7.9% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, one sector is up on the day, while eight sectors are down. SECTOR % CHANGE Technology & Communications +0.3% Utilities -0.4% Healthcare -0.4% Industrial -0.7% Consumer Products -0.9% Financial -0.9% Services -1.1% Materials -1.1% Energy -1.9% 10 ETFs With Stocks That Insiders Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-05-20,31.0045,31.3395,30.9448,31.1412,
EXC,2021-05-21,31.2712,31.4138,30.9585,31.2096,
EXC,2021-05-24,31.3259,31.5018,31.1177,31.3395,
EXC,2021-05-25,31.4002,31.4002,30.5091,30.5765,"[""U.S. senator prepares tax credit legislation for existing nuclear plants WASHINGTON, May 25 (Reuters) - U.S. Senator Ben Cardin is preparing legislation that would provide a tax credit for existing nuclear power plants, a move that follows the Biden administration's signaling that it supports the subsidies to help meet climate goals. Cardin, a Democrat, said he would soon introduce a production tax credit for the reactors, which are virtually free of carbon emissions and provide high-paying union jobs. \""We'll attempt to get that included in an energy package,\"" Cardin told Reuters on Monday night. \""We're not sure the pathway yet.\"" The Biden administration has signaled to lawmakers and stakeholders recently that it supports the subsidies to keep nuclear reactors from closing and to help with its goal of decarbonizing the power grid by 2035. The United States has more than 90 nuclear reactors, the country's top source of emissions-free power generation. Yet aging plants have been closing due to rising security costs and competition from other energy sources. The costs for wind and solar power are falling, and natural gas is an affordable and plentiful alternative. Two sources with knowledge of the matter said Cardin would introduce an amendment on Wednesday to energy legislation sponsored Senator Ron Wyden, another Democrat, to boost tax credits for zero emissions energy sources. One of the sources said that Cardin would withdraw the amendment after introducing it, in order to work further on the measure. A Senate aide said in an email, \""We are looking at the week after this work period/recess for a larger roll out.\"" The Senate will be working from home districts next week after the Memorial Day holiday. Such credits could help power utilities including Exelon Corp EXC.O, First Energy Nuclear Operating Co and PSEG Nuclear LLC. (Reporting by Timothy Gardner and Jarrett Renshaw; Editing by Cynthia Osterman) ((timothy.gardner@thomsonreuters.com; +1 202 898-8360 (Twitter @timogard); Reuters Messaging: timothy.gardner.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Nasdaq 100 Movers: EXC, BIDU In early trading on Tuesday, shares of Baidu topped the list of the day's best performing components of the Nasdaq 100 index, trading up 3.1%. Year to date, Baidu Inc has lost about 9.9% of its value. And the worst performing Nasdaq 100 component thus far on the day is Exelon, trading down 1.7%. Exelon is showing a gain of 7.2% looking at the year to date performance. Two other components making moves today are Vertex Pharmaceuticals, trading down 1.5%, and ASML Holding, trading up 2.5% on the day. VIDEO: Nasdaq 100 Movers: EXC, BIDU The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-05-26,30.5726,30.9165,30.5492,30.7543,"[""US senators introduce nuclear power credit to help curb emissions Adds introduction of measure, utility that could benefit, Republican support WASHINGTON, May 26 (Reuters) - Three Democratic U.S. senators introduced a measure on Wednesday to boost existing nuclear plants to a wide energy tax reform bill, after the Biden administration pushed for such a measure to help curb carbon emissions. Senator Ben Cardin introduced the amendment on the tax production credit with fellow Democrats, Senators Sheldon Whitehouse and Bob Casey. \""We're in danger of seeing the premature closing of the nuclear reactors in this country,\"" Cardin said before introducing the amendment at a hearing considering the wider bill, the Clean Energy for America Act. Cardin did not ask for a vote on the measure, a move to allow time to refine it as legislation advances. Nuclear reactors are virtually emissions-free, but have been struggling to compete with power generation fueled by natural gas, and wind and solar power. There are 93 reactors in the United States, down from 104 in 2012, as rising security and safety costs put additional pressures on the business. While some environmental groups oppose nuclear power, the Biden administration has signaled support for the credit for nuclear power plants as it seeks to put the country on a path to decarbonize the carbon grid by 2035. Two Republican senators on the Senate Finance Committee also spoke favorably about the amendment, increasing the odds it could eventually pass. Height Securities analysts said they believe that support for at-risk nuclear is likely to be included in the infrastructure package or other wider bills if robust clean energy tax provisions are included, given support from the White House and Senator Joe Manchin, a moderate Democrat. The tax credit could help utilities such as Exelon Corp EXC.O keep reactors open. The company has said it will close four reactors in Illinois in September and November but is seeking incentives from the state to keep them open. Cardin's amendment provides a production tax credit of $15 per megawatt hour for existing nuclear plant owners or operators in states such as New York, Illinois, and Pennsylvania with deregulated power markets. The credit would be reduced by 80% for any market revenues above $25 per megawatt hour. The credit would begin to phase down when greenhouse gas emissions fall by 50% below 2020 levels and ends entirely after 2030. (Reporting by Timothy Gardner; editing by Grant McCool) ((timothy.gardner@thomsonreuters.com; +1 202 898-8360 (Twitter @timogard); Reuters Messaging: timothy.gardner.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Poundland owner Pepco rises in Warsaw debut Adds details GDANSK, May 26 (Reuters) - Shares in Poundland owner Pepco Group PCOP.WA jumped on its stock market debut in Warsaw on Wednesday following the biggest initial public offering (IPO ) in Poland this year. Pepco's IPO gives a boost to Warsaw's stock market which has had an rise in the number of listings, but was passed over by parcel delivery company InPost INPST.AS, which opted to list in Amsterdam in January. Pepco had priced the IPO at 40 zlotys per share, giving it a valuation of 23 billion zlotys ($6.29 billion). At 0720 GMT, the stock was up 8% at 43.3 zlotys. The offering comprised 92.4 million shares worth 3.7 billion zlotys. Additionally, South African conglomerate Steinhoff SNHJ.J placed a portion of shares directly with some of its lenders, bringing the total gross proceeds to about 4.6 billion zlotys. Pepco has not issued any new shares in the offer \""We have seen strong engagement from institutional and retail investor throughout the IPO process, and welcome all our new shareholders,\"" Chief Executive Andy Bond, a former boss of British supermarket group Asda, said in a statement. Pepco, which owns the Poundland chain in the United Kingdom as well as the PEPCO and Dealz brands in Europe, trades from more than 3,200 stores across 16 countries. The discounter, which does not trade online, is targeting 400 store openings across Europe in its 2020-21 financial year as it expands its PEPCO brand beyond central and eastern Europe. In Eastern Europe the brand ranked second by value sales in 2020 after H&M HMb.ST, according to market research firm Euromonitor. The IPO cuts Steinhoff's shareholding in Pepco to 78.9%. Pepco is targeting more than 1 billion euros ($1.22 billion) in core earnings within five to seven years by trebling its number of stores. ($1 = 3.6572 zlotys) ($1 = 0.8170 euros) (Reporting by Anna Pruchnicka; editing by Jason Neely and Louise Heavens) ((anna.pruchnicka@thomsonreuters.com; +48 58 769 65 14;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-05-27,30.9585,30.9585,30.3313,30.3665,
EXC,2021-05-28,30.5629,30.8217,30.4671,30.7191,
EXC,2021-06-01,30.6273,30.811,30.5228,30.7328,
EXC,2021-06-02,30.8139,30.9927,30.638,30.7738,"PJM pays prices near lowest in a decade in capacity auction June 2 (Reuters) - U.S power grid operator PJM Interconnection on Wednesday said it procured resources in its capacity auction for 2022/2023 at $50 per megawatt day (MWd), the lowest since 2013/14. The largest U.S grid operator's 2022/23 auction price was sharply lower than the $140.00 MWd for 2021/22 that was set in its last auction in 2018. A lower load forecast and reserve requirement reducing the amount of capacity needed, lower estimated costs for building new generators and overall lower offer prices from resources participating in the auction likely caused the drop, PJM said in a press release. All generators are interested in the capacity auction because it represents a source of revenue in addition to what they make selling power in the energy market. The biggest U.S. electricity operator procured 144,477 megawatts of resources for the June 2022-May 2023 period for most of the PJM region. Nuclear operators like Exleon Corp EXC.O and Public Service Enterprise Group Inc (PSEG)PEG.N, however, have threatened to shut some of their money-losing reactors if they don't make more money from state or federal subsidies or the capacity and energy markets. That could pose a problem for federal and state lawmakers seeking to reduce carbon emissions since nuclear is the biggest source of carbon free power in many states. Nuclear generators cleared an additional 4,460 MW compared to the last auction, PJM said. The auction also cleared 1,728 MW of wind and 1,512 MW of solar. Coal generators, meanwhile, cleared 8,175 fewer megawatts than in the previous auction. PJM uses the capacity auction to make sure the grid has enough resources in the future. (Reporting by Nakul Iyer and Bharat Gautam in Bengaluru; Editing by David Gregorio) ((nakul.iyer@thomsonreuters.com; Within U.S. +1 646 223 8780, Outside U.S. +91 80 6749 0417; Reuters Messaging: nakul.iyer.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-06-03,29.8711,31.2497,29.787,31.1617,"Energy Sector Update for 06/03/2021: EXC,TELL,ENLC,PDS,PD.TO Energy stocks were hanging on for small gains this afternoon, with the NYSE Energy Sector Index climbing 0.1% while the SPDR Energy Select Sector ETF was up 0.3%. The Philadelphia Oil-Service Sector index was posting a 0.9% advance in late trade and the Dow Jones US Utilities Index was rising 0.8%. Front-month West Texas Intermediate crude oil settled $0.02 lower at $68.81 per barrel while the global benchmark Brent crude contract was declining $0.13 to $71.22 per barrel. Henry Hub natural gas futures fell $0.03 to $3.04 per 1 million BTU. In company news, Exelon (EXC) added 1.5% on Thursday after saying it would retire its Byron and Dresden nuclear plants later this year after the Illinois facilities failed to clear during a capacity auction held by grid operation PJM Interconnection for the 2022-2023 planning year. A third atomic plant in western Illinois also did not clear auction but will remain open with state funding to protect energy sector jobs. Precision Drilling (PDS) rose 4.5% after RBC Capital Markets raised its price target for the oilfield services company by CA$6 to CA$50 a share and reiterated its outperform rating. EnLink Midstream (ENLC) climbed 13.1% after the pipeline company raised its FY21 profit forecast to $125 million to $165 million compared with its prior range expecting between $45 million and $105 million. The company also said it would pursue energy transition opportunities, including carbon capture and sequestration projects. Tellurian (TELL) was 22.1% higher after announcing a 10-year sales contract valued at about $12 billion to supply Vitol with liquefied natural gas. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-06-04,31.0943,31.2428,30.9517,31.0465,
EXC,2021-06-07,31.0943,31.2643,31.0329,31.2243,
EXC,2021-06-08,31.2467,31.2986,31.067,31.1481,"XLU, EXC, SRE, AEP: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Utilities Select Sector SPDR— Fund (Symbol: XLU) where we have detected an approximate $75.3 million dollar outflow -- that's a 0.6% decrease week over week (from 178,920,000 to 177,770,000). Among the largest underlying components of XLU, in trading today Exelon Corp (Symbol: EXC) is off about 0.4%, Sempra Energy (Symbol: SRE) is off about 0.8%, and American Electric Power Co Inc (Symbol: AEP) is lower by about 4.2%. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $54.81 per share, with $68.05 as the 52 week high point — that compares with a last trade of $64.80. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Free Report: Top 7%+ Dividends (paid monthly) Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-06-09,31.3054,31.6249,31.1344,31.5643,
EXC,2021-06-10,31.8028,31.9727,31.578,31.8028,
EXC,2021-06-11,31.7685,31.9443,31.6288,31.9376,
EXC,2021-06-14,31.9864,32.087,31.6727,32.0743,
EXC,2021-06-15,32.1359,32.1642,31.9443,32.0743,
EXC,2021-06-16,32.0196,32.2482,31.278,31.4559,
EXC,2021-06-17,31.4822,31.7274,31.3122,31.3181,
EXC,2021-06-18,31.2175,31.2428,30.2911,30.3313,
EXC,2021-06-21,30.345,30.5941,30.2981,30.4407,"Thousands of Commonwealth Edison customers without power as severe storms hit Chicago June 21 (Reuters) - Chicago-area utility Commonwealth Edison's (ComEd) website showed that over 34,000 customers were without power as severe thunderstorms tore through the area on Sunday night. The website of ComEd, a unit of Exelon Corp EXC.N, showed more than 14,000 customers were without power in the DuPage County alone in Illinois while over 13,000 customers were in the dark in the Cook County. (Reporting by Kanishka Singh in Bengaluru; Editing by Christopher Cushing) ((Kanishka.Singh@thomsonreuters.com; +91 8061822801;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-06-22,30.3723,30.4476,30.1476,30.1818,
EXC,2021-06-23,30.1476,30.1759,29.834,30.0597,
EXC,2021-06-24,30.1007,30.2638,29.9844,30.1202,"U.S. Democrats launch bill allowing existing nuclear plants tax credit WASHINGTON, June 24 (Reuters) - Five Democrats in the U.S. Senate introduced a bill on Thursday that would allow some existing nuclear power plants to receive a tax credit equal to an incentive already given to operators of wind power turbines. The bill, led by Senator Ben Cardin, provides a production tax credit of $15 per megawatt hour for existing nuclear plant owners or operators in states such as New York, Illinois, and Pennsylvania which have deregulated power markets. Cardin's state, Maryland, has two reactors at Exelon Corp's EXC.O Calvert Cliffs plant. Nuclear reactors are virtually emissions-free, but have been struggling to compete with power generation fueled by natural gas, and wind and solar power. The United States has 93 reactors, down from 104 in 2012, as rising security and safety costs put additional pressures on the business. The bill, if passed by the Senate and House, could help President Joe Biden, who has also supported a production tax credit for nuclear plants, in his goal to put the country on a path to decarbonize the power grid by 2035. “America needs to reduce our reliance of fossil fuels, so it is imperative that we keep these reactors operating safely while we continue to work on demand reduction, renewables, energy storage, and transmission grid resiliency,"" Cardin said in a release. Senator Joe Manchin, a moderate Democrat, also introduced the legislation. The credit would be phased out for any market revenues above $25 per megawatt hour or after 10 years. Exelon has said it will close two nuclear power plants in Illinois in coming months if the state does not come through with subsidies. It was not certain whether the U.S. bill could help prevent the closures. (Reporting by Timothy Gardner in Washington Editing by Matthew Lewis) ((timothy.gardner@thomsonreuters.com; +1 202 898-8360 (Twitter @timogard); Reuters Messaging: timothy.gardner.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-06-25,30.0381,30.4436,30.0313,30.386,
EXC,2021-06-28,30.4818,30.6547,30.3723,30.5492,
EXC,2021-06-29,30.5159,30.9165,30.212,30.3381,
EXC,2021-06-30,30.345,30.4476,30.0792,30.169,
EXC,2021-07-01,30.2638,30.6997,30.1339,30.6243,
EXC,2021-07-02,30.6713,30.7671,30.5022,30.726,
EXC,2021-07-06,30.5765,30.6507,30.1202,30.5559,
EXC,2021-07-07,30.597,30.7671,30.3665,30.726,"Investors Still Waiting For A Pull Back In Exelon Corporation (NASDAQ:EXC) Exelon Corporation's (NASDAQ:EXC) price-to-earnings (or ""P/E"") ratio of 40.1x might make it look like a strong sell right now compared to the market in the United States, where around half of the companies have P/E ratios below 19x and even P/E's below 11x are quite common. However, the P/E might be quite high for a reason and it requires further investigation to determine if it's justified. Exelon hasn't been tracking well recently as its declining earnings compare poorly to other companies, which have seen some growth on average. One possibility is that the P/E is high because investors think this poor earnings performance will turn the corner. You'd really hope so, otherwise you're paying a pretty hefty price for no particular reason. NasdaqGS:EXC Price Based on Past Earnings July 7th 2021 If you'd like to see what analysts are forecasting going forward, you should check out our free report on Exelon. Does Growth Match The High P/E? The only time you'd be truly comfortable seeing a P/E as steep as Exelon's is when the company's growth is on track to outshine the market decidedly. Taking a look back first, the company's earnings per share growth last year wasn't something to get excited about as it posted a disappointing decline of 58%. This means it has also seen a slide in earnings over the longer-term as EPS is down 68% in total over the last three years. Therefore, it's fair to say the earnings growth recently has been undesirable for the company. Turning to the outlook, the next three years should generate growth of 39% per annum as estimated by the eleven analysts watching the company. With the market only predicted to deliver 14% per year, the company is positioned for a stronger earnings result. In light of this, it's understandable that Exelon's P/E sits above the majority of other companies. Apparently shareholders aren't keen to offload something that is potentially eyeing a more prosperous future. The Final Word We'd say the price-to-earnings ratio's power isn't primarily as a valuation instrument but rather to gauge current investor sentiment and future expectations. We've established that Exelon maintains its high P/E on the strength of its forecast growth being higher than the wider market, as expected. At this stage investors feel the potential for a deterioration in earnings isn't great enough to justify a lower P/E ratio. It's hard to see the share price falling strongly in the near future under these circumstances. It's always necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with Exelon (at least 1 which is significant), and understanding these should be part of your investment process. You might be able to find a better investment than Exelon. If you want a selection of possible candidates, check out this free list of interesting companies that trade on a P/E below 20x (but have proven they can grow earnings). This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-07-08,30.5629,30.7611,30.4192,30.5902,
EXC,2021-07-09,30.5296,30.7124,30.3313,30.5765,
EXC,2021-07-12,30.5629,30.8422,30.4192,30.8285,
EXC,2021-07-13,30.7611,30.8422,30.3792,30.4955,
EXC,2021-07-14,30.6049,30.9712,30.3997,30.7328,
EXC,2021-07-15,30.597,31.1754,30.5696,31.1344,"Poundland owner Pepco sees pressure, opportunity from inflation WARSAW, July 15 (Reuters) - Warsaw-listed discount retailer Pepco Group PCOP.WA could benefit from inflationary pressure in the coming quarters as people become more price-sensitive, its chief executive said on Thursday. The group, which listed in May with a 5 billion euro ($5.92 billion) valuation, owns British discount retailer Poundland as well as the PEPCO and Dealz brands in Europe. It trades from almost 3,400 stores across 16 countries and is led by CEO Andy Bond, former boss of British supermarket group Asda. ""I think in the medium term one of our key management concerns that we will need to manage well is supply chain inflation and disruption. That will impact more next financial year,"" Bond told Reuters. ""...Increasing prices would be the last resort and there are lots of things we can do to mitigate: our cost base, working with suppliers,"" he added. Bond said the company is well placed to manage inflationary pressure and that it could help Pepco, as customers seek out shops offering lower prices. Pepco posted third-quarter revenue of 1.04 billion euros and like-for-like sales growth of 29.3%, reflecting the heavy impact of the pandemic a year earlier including shops closures. ""We will deliver top and bottom line, as we promised, but one should not expect that level of like-for-like in the last quarter, because that level of like-for-like is clearly against last year when our stores were closed,"" Bond said. ""By contrast last year in the summer all our stores were open and there was some pent-up demand so like-for-like in the fourth quarter will be more muted,"" he added. He said he did not expect a slowdown in the summer or store closures again. ($1 = 0.8443 euros) (Reporting by Anna Koper; editing by Jason Neely) ((anna.koper@thomsonreuters.com; +48 22 104 25 24; Reuters Messaging: anna.koper.reuters.com@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-07-16,31.1617,31.5233,31.1275,31.3122,
EXC,2021-07-19,31.278,31.3591,30.4603,30.8559,
EXC,2021-07-20,31.0192,31.6044,30.8422,31.3591,
EXC,2021-07-21,31.276,31.5086,31.1754,31.2096,
EXC,2021-07-22,31.2428,31.3932,31.1833,31.3259,
EXC,2021-07-23,31.4626,31.7617,31.3805,31.6727,"[""EXCLUSIVE-Poundland owner Pepco to create 13,000 jobs over three years Adds details LONDON, July 23 (Reuters) - The owner of the discount chains Pepco, Poundland and Dealz, Pepco Group PCOP.WA, plans to create about 13,000 net new jobs across Europe over the next three years as it aggressively opens new stores, its boss told Reuters. Chief Executive Andy Bond said the majority of the new jobs would be in continental Europe, as it bets that shoppers will flock to cheaper stores following the devastation of the pandemic. While many European retailers have shifted operations online, shut stores and cut jobs to survive COVID-19, Pepco is doing the opposite. \""Unlike many bricks and mortar retailers which are all about stories of 'haven't we done a good job where we're staying alive', we're very confident about our growth,\"" he said. Bond, a former boss of British supermarket chain Asda, said earlier this month that the retailer could benefit from inflationary pressure as people become more price sensitive. Pepco Group, which listed on the Warsaw stock market in May and now has a 6.9 billion euro valuation, currently employs around 35,000, trading from about 3,400 stores in 16 countries. The group is targeting more than 1 billion euros in core earnings within five to seven years by trebling its number of stores. It will start trading in its 17th country, Austria, in September. Last week the group reported a 45.5% rise in third quarter revenue on a constant currency basis to 1.04 billion euros, boosted by new store openings. Like-for-like sales jumped 29.3%, reflecting pandemic related temporary store closures in the same period last year. Bond said the expansion would mean a host of promotion opportunities for the group's existing employees, noting about 90% of every management job in the business is an appointment from within. (Reporting by James Davey, editing by Kate Holton/Guy Faulconbridge) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""EXCLUSIVE-Poundland owner Pepco to create 13,000 jobs over three years LONDON, July 23 (Reuters) - The owner of the discount chains Pepco, Poundland and Dealz, Pepco Group PCOP.WA, plans to create about 13,000 net new jobs across Europe over the next three years as it aggressively opens new stores, its boss told Reuters. Chief Executive Andy Bond said the majority of the new jobs would be in continental Europe, as it bets that shoppers will flock to cheaper stores following the devastation of the pandemic. While many European retailers have shifted operations online, shut stores and cut jobs to survive COVID-19, Pepco is doing the opposite. \""Unlike many bricks and mortar retailers which are all about stories of 'haven't we done a good job where we're staying alive', we're very confident about our growth,\"" he said. (Reporting by James Davey, editing by Kate Holton/Guy Faulconbridge) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-07-26,31.659,31.9248,31.4188,31.5975,
EXC,2021-07-27,31.4753,32.2452,31.3942,32.1642,"Daily Dividend Report: IBM,CSX,EXC,AMP,MKSI The IBM board of directors today declared a regular quarterly cash dividend of $1.64 per common share, payable September 10, 2021 to stockholders of record August 10, 2021. With the payment of the September 10 dividend, IBM will have paid consecutive quarterly dividends every year since 1916. On Friday, July 23, 2021, the Board of Directors of CSX approved a $0.093 per share quarterly dividend on the company's common stock. The dividend is payable on September 15, 2021, to shareholders of record at the close of business on August 31, 2021. The dividend will be carried out to six decimal places to most closely approximate the $0.28 per share dividend amount prior to the three-for-one stock split that occurred on June 28, 2021. The Board of Directors of Exelon declared a regular quarterly dividend of $0.3825 per share on Exelon's common stock. The dividend is payable on Friday, September 10, 2021, to shareholders of record of Exelon as of 5 p.m. Eastern time on Friday, August 13, 2021. The Board of Directors of Ameriprise Financial has declared a quarterly cash dividend of $1.13 per common share payable on August 20, 2021 to shareholders of record at the close of business on August 9, 2021. MKS Instruments, a global provider of technologies that enable advanced processes and improve productivity, today announced that its Board of Directors has authorized a quarterly cash dividend of $0.22 per share, payable on September 10, 2021 to shareholders of record as of August 30, 2021. VIDEO: Daily Dividend Report: IBM,CSX,EXC,AMP,MKSI The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-07-28,32.0743,32.2658,31.7274,31.9864,
EXC,2021-07-29,32.1153,32.3332,32.0538,32.217,
EXC,2021-07-30,32.1642,32.4212,31.8095,31.8632,"Exelon (NASDAQ:EXC) Has Re-Affirmed Its Dividend Of US$0.38 The board of Exelon Corporation (NASDAQ:EXC) has announced that it will pay a dividend of US$0.38 per share on the 10th of September. Based on this payment, the dividend yield will be 3.2%, which is fairly typical for the industry. Exelon's Dividend Is Well Covered By Earnings We like to see a healthy dividend yield, but that is only helpful to us if the payment can continue. Prior to this announcement, the dividend made up 137% of earnings, and the company was generating negative free cash flows. Paying out such a large dividend compared to earnings while also not generating free cash flows is a major warning sign for the sustainability of the dividend as these levels are certainly a bit high. Looking forward, earnings per share is forecast to rise by 155.9% over the next year. If the dividend continues along recent trends, we estimate the payout ratio will be 55%, which would make us comfortable with the sustainability of the dividend, despite the levels currently being quite high. NasdaqGS:EXC Historic Dividend July 30th 2021 Dividend Volatility While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. Since 2011, the first annual payment was US$2.10, compared to the most recent full-year payment of US$1.53. Doing the maths, this is a decline of about 3.1% per year. A company that decreases its dividend over time generally isn't what we are looking for. The Dividend Has Limited Growth Potential With a relatively unstable dividend, it's even more important to evaluate if earnings per share is growing, which could point to a growing dividend in the future. Over the past five years, it looks as though Exelon's EPS has declined at around 10% a year. Dividend payments are likely to come under some pressure unless EPS can pull out of the nosedive it is in. Over the next year, however, earnings are actually predicted to rise, but we would still be cautious until a track record of earnings growth can be built. We're Not Big Fans Of Exelon's Dividend In summary, while it is good to see that the dividend hasn't been cut, we think that at current levels the payment isn't particularly sustainable. The company seems to be stretching itself a bit to make such big payments, but it doesn't appear they can be consistent over time. Overall, the dividend is not reliable enough to make this a good income stock. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. Case in point: We've spotted 4 warning signs for Exelon (of which 1 is a bit unpleasant!) you should know about. Looking for more high-yielding dividend ideas? Try our curated list of strong dividend payers. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-08-02,32.0479,32.2727,31.8603,32.0196,
EXC,2021-08-03,32.3059,32.388,32.0264,32.258,"Pre-Market Earnings Report for August 4, 2021 : CVS, GM, EMR, TT, KHC, EXC, MPC, MPLX, CDW, ABC, VMC, HZNP The following companies are expected to report earnings prior to market open on 08/04/2021. Visit our Earnings Calendar for a full list of expected earnings releases. CVS Health Corporation (CVS)is reporting for the quarter ending June 30, 2021. The drug store company's consensus earnings per share forecast from the 9 analysts that follow the stock is $2.07. This value represents a 21.59% decrease compared to the same quarter last year. In the past year CVS has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 18.6%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for CVS is 10.76 vs. an industry ratio of 3.10, implying that they will have a higher earnings growth than their competitors in the same industry. General Motors Company (GM)is reporting for the quarter ending June 30, 2021. The auto (domestic) company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.89. This value represents a 478.00% increase compared to the same quarter last year. In the past year GM has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 120.59%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for GM is 8.40 vs. an industry ratio of 10.10. Emerson Electric Company (EMR)is reporting for the quarter ending June 30, 2021. The machinery company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.98. This value represents a 22.50% increase compared to the same quarter last year. In the past year EMR has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 7.78%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for EMR is 25.31 vs. an industry ratio of 15.00, implying that they will have a higher earnings growth than their competitors in the same industry. Trane Technologies plc (TT)is reporting for the quarter ending June 30, 2021. The technology services company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.90. This value represents a 49.61% increase compared to the same quarter last year. In the past year TT has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 62.9%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for TT is 32.55 vs. an industry ratio of 61.50. The Kraft Heinz Company (KHC)is reporting for the quarter ending June 30, 2021. The food company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.73. This value represents a 8.75% decrease compared to the same quarter last year. In the past year KHC has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 20%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for KHC is 14.56 vs. an industry ratio of 22.50. Exelon Corporation (EXC)is reporting for the quarter ending June 30, 2021. The electric power utilities company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.66. This value represents a 20.00% increase compared to the same quarter last year. EXC missed the consensus earnings per share in the 1st calendar quarter of 2021 by -117.65%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for EXC is 17.10 vs. an industry ratio of 14.00, implying that they will have a higher earnings growth than their competitors in the same industry. Marathon Petroleum Corporation (MPC)is reporting for the quarter ending June 30, 2021. The oil refining company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.45. This value represents a 133.83% increase compared to the same quarter last year. In the past year MPC has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 72.22%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for MPC is 57.33 vs. an industry ratio of -34.40, implying that they will have a higher earnings growth than their competitors in the same industry. MPLX LP (MPLX)is reporting for the quarter ending June 30, 2021. The oil (production/pipeline) company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.66. This value represents a 13.79% increase compared to the same quarter last year. MPLX missed the consensus earnings per share in the 4th calendar quarter of 2020 by -1.56%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for MPLX is 10.24 vs. an industry ratio of 20.20. CDW Corporation (CDW)is reporting for the quarter ending June 30, 2021. The information technology services company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.69. This value represents a 7.64% increase compared to the same quarter last year. In the past year CDW has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 18.79%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for CDW is 25.91 vs. an industry ratio of 38.10. AmerisourceBergen Corporation (Holding Co) (ABC)is reporting for the quarter ending June 30, 2021. The medical/dental supplies company's consensus earnings per share forecast from the 6 analysts that follow the stock is $2.01. This value represents a 8.65% increase compared to the same quarter last year. In the past year ABC has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 0.8%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for ABC is 13.58 vs. an industry ratio of 43.90. Vulcan Materials Company (VMC)is reporting for the quarter ending June 30, 2021. The building company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.67. This value represents a 4.37% increase compared to the same quarter last year. VMC missed the consensus earnings per share in the 3rd calendar quarter of 2020 by -4.29%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for VMC is 34.34 vs. an industry ratio of 17.50, implying that they will have a higher earnings growth than their competitors in the same industry. Horizon Therapeutics Public Limited Company (HZNP)is reporting for the quarter ending June 30, 2021. The biomedical (gene) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.91. This value represents a 111.63% increase compared to the same quarter last year. HZNP missed the consensus earnings per share in the 1st calendar quarter of 2021 by -57.14%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for HZNP is 27.87 vs. an industry ratio of 0.10, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-08-04,32.1359,32.2521,31.6044,31.8428,"[""Lacking a lifeline, Exelon's Illinois nuclear plants to retire in fall -CEO Aug 4 (Reuters) - U.S. energy company Exelon Corp EXC.O said on Wednesday it still plans to retire uneconomic nuclear reactors at Byron and Dresden in Illinois this autumn unless some state or federal program is passed to save the plants. Exelon Chief Executive Christopher Crane said in the company's earnings release that \""passage of (federal) legislation remains uncertain and, regardless, will come too late to save our Byron and Dresden plants from early retirement this fall.\"" The two reactors at Byron can generate almost 2,500 megawatts of power, while Dresden's two reactors can produce over 1,800 MW. One megawatt can power about 1,000 U.S. homes. Crane said the company remains \""hopeful that a state solution will pass in time to save the plants,\"" but noted \""clean energy legislation in Illinois remains caught in negotiations over unrelated policy matters.\"" One of those unrelated matters is the lingering public and political anger at Exelon's Commonwealth Edison unit after the Chicago-based utility agreed to pay $200 million to resolve a U.S. Justice Department probe over inappropriate lobbying practices in 2020. After closing at its highest since February 2020 on Tuesday, Exelon shares slipped 1.5% in midday trade on Wednesday. Exelon has blamed the planned nuclear shutdowns on market rules that it said favor fossil-fired and renewable plants over carbon-free nuclear energy. Exelon has said Dresden and Byron face revenue shortfalls in the hundreds of millions of dollars and together employ more than 1,500 workers. In 2016, Exelon, which operates six nuclear plants in Illinois, won state subsidies that analysts have said provide about $230 million a year to keep its Clinton and Quad Cities plants operating. Exelon, however, has long sought subsidies for its other Illinois nuclear plants. Exelon has been successful in winning subsidies in New York and New Jersey to keep its reactors operating to help meet those states' clean energy goals. But when states do not provide subsidies, the company has retired reactors like Three Mile Island in Pennsylvania in 2019. BUZZ-Exelon Corp: Rises as unit reaches agreement to resolve DOJ probe ComEd Reaches Agreement to Resolve Justice Department Investigation Exelon to close Three Mile Island nuclear plant in Pennsylvania on Friday FACTBOX-U.S. nuclear reactors facing possible shutdown Illinois may have to subsidize more Exelon reactors to keep them running -study Exelon to retire two nuclear power plants in Illinois in 2021 Exelon Corp reports results for the quarter ended in June - Earnings Summary (Reporting by Scott DiSavino; Editing by Marguerita Choy) ((scott.disavino@thomsonreuters.com; +1 646 223-6072; Reuters Messaging: scott.disavino.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Lacking a lifeline, Exelon's Illinois nuclear plants to retire in fall -CEO Adds detail on fossil plants in Illinois Aug 4 (Reuters) - U.S. energy company Exelon Corp EXC.O said on Wednesday it still plans to retire uneconomic nuclear reactors at Byron and Dresden in Illinois this autumn unless some state or federal program is passed to save the plants. Exelon Chief Executive Christopher Crane said in an earnings release that the company remains \""hopeful that a state solution will pass in time to save the plants,\"" but noted \""clean energy legislation in Illinois remains caught in negotiations over unrelated policy matters.\"" Those unrelated matters include a disagreement over retirement of fossil plants owned by others. Separately, there is also lingering public and political anger at Exelon's Commonwealth Edison unit after the Chicago-based utility agreed to pay $200 million to resolve a U.S. Justice Department probe over inappropriate lobbying practices in 2020. Unless something changes, Exelon plans to shut the 2,300-megawatt (MW) Bryon in September and the 1,797-MW Dresden in November. One megawatt can power about 1,000 U.S. homes. As for help from the federal government, Crane said \""passage of legislation remains uncertain and, regardless, will come too late to save our Byron and Dresden plants.\"" After closing at its highest since February 2020 on Tuesday, Exelon shares were down 1.8%. Exelon has blamed the planned nuclear shutdowns on market rules that it said favor fossil-fired and renewable plants over carbon-free nuclear energy. Exelon has said Dresden and Byron face revenue shortfalls in the hundreds of millions of dollars and together employ more than 1,500 workers. In 2016, Exelon, which operates six nuclear plants in Illinois, won state subsidies that analysts have said provide about $230 million a year to keep its Clinton and Quad Cities plants operating. Exelon, however, has long sought subsidies for its other Illinois nuclear plants. Exelon has been successful in winning subsidies in New York and New Jersey to keep reactors operating to help meet those states' clean energy goals. But when states do not provide subsidies, the company has retired reactors like Three Mile Island in Pennsylvania in 2019. BUZZ-Exelon Corp: Rises as unit reaches agreement to resolve DOJ probe ComEd Reaches Agreement to Resolve Justice Department Investigation Exelon to close Three Mile Island nuclear plant in Pennsylvania on Friday FACTBOX-U.S. nuclear reactors facing possible shutdown Illinois may have to subsidize more Exelon reactors to keep them running -study Exelon to retire two nuclear power plants in Illinois in 2021 Exelon Corp reports results for the quarter ended in June - Earnings Summary (Reporting by Scott DiSavino; Editing by Marguerita Choy and Sonya Hepinstall) ((scott.disavino@thomsonreuters.com; +1 646 223-6072; Reuters Messaging: scott.disavino.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Q2 21 Earnings Conference Call At 10:00 AM ET (RTTNews) - Exelon Corp. (EXC) will host a conference call at 10:00 AM ET on August 4, 2021, to discuss Q2 21 earnings results. To access the live webcast, log on to https://investors.exeloncorp.com/events-and-presentations The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp Q2 adjusted earnings Beat Estimates (RTTNews) - Exelon Corp (EXC) reported earnings for second quarter that decreased from last year. The company's bottom line totaled $401 million, or $0.41 per share. This compares with $521 million, or $0.53 per share, in last year's second quarter. Excluding items, Exelon Corp reported adjusted earnings of $869 million or $0.89 per share for the period. Analysts had expected the company to earn $0.60 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company's revenue for the quarter rose 8.2% to $7.92 billion from $7.32 billion last year. Exelon Corp earnings at a glance: -Earnings (Q2): $869 Mln. vs. $536 Mln. last year. -EPS (Q2): $0.89 vs. $0.55 last year. -Analysts Estimate: $0.60 -Revenue (Q2): $7.92 Bln vs. $7.32 Bln last year. -Guidance: Full year EPS guidance: $2.60 - $3.00 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-08-05,31.8847,32.5228,31.8672,32.4554,
EXC,2021-08-06,32.388,32.596,32.2101,32.4075,"Exelon Corporation (EXC) Q2 2021 Earnings Call Transcript Image source: The Motley Fool. Exelon Corporation (NASDAQ: EXC) Q2 2021 Earnings Call Aug 6, 2021, 10:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Hello, and welcome to Exelon's Second Quarter Earnings Call. My name is Danny, and I will be your event specialist today. [Operator Instructions] Please note that today's webcast is being recorded. [Operator Instructions] It is now my pleasure to turn today's program over to Dan Eggers, Senior Vice President of Corporate Finance. The floor is yours. 10 stocks we like better than Exelon When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Exelon wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 7, 2021 Daniel L. Eggers -- Senior Vice President of Corporate Finance Thank you, Danny. Good morning, everyone, and thank you for joining our second quarter 2021earnings conference call Leading the call today are Chris Crane, Exelon's President and Chief Executive Officer; and Joe Nigro, Exelon's Chief Financial Officer. They're joined by other members of Exelon's senior management team, who will be available to answer your questions following our prepared remarks. We issued our earnings release this morning along with the presentation, all of which can be found in the Investor Relations section of Exelon's website. The earnings release and other matters which we discuss during today's call contain forward-looking statements and estimates that are subject to various risks and uncertainties. Actual results could differ from our forward-looking statements based on factors and assumptions discussed in today's material and comments made during this call. Please refer to today's 8-K and Exelon's other SEC filings for discussions of risk factors and other factors, including uncertainties surrounding the planned separation that may cause results to differ from management's projections, forecasts and expectations. Today's presentation also includes references to adjusted operating earnings and other non-GAAP measures. Please refer to the information contained in the appendix of our presentation and our earnings release for reconciliations between the non-GAAP measures and the nearest equivalent GAAP measures. I'll now turn the call over to Chris Crane, Exelon's CEO. Chris M. Crane -- President and Chief Executive Officer Thanks, Dan, and good morning, everybody, and thanks for joining us this morning. We had a good quarter financially and operationally. We made progress on our regulatory and policy objectives as we had stated our desires last quarter. We earned $0.41 per share on a GAAP basis and $0.89 per share on a non-GAAP basis, and Joe will go through those details when we get to his part of the presentation. As you know, we've been working with our regulators and our policymakers across our six jurisdictions on regulatory mechanisms that would allow us to prudently invest in critical infrastructure to the benefit of our consumers while earning an appropriate return on that used capital. As part of those efforts, the D.C., Maryland PSCs, approved multiyear plans for Pepco. The New Jersey BPU approved ACE's electric rate settlement, and we received an order in the PECO gas rate case. It's the first in 10 years. PJM held a first capacity auction in three years. Results were disappointing, but were slightly better than we had anticipated or expected. Commerce and the administration continue to work on the infrastructure package, and there is momentum building to preserve the existing nuclear fleet to meet the country's energy and climate goals. The president's budget includes support for existing nuclear plants, and Senator Cardin and Representative Pascrell introduced legislation to provide $15 per megawatt hour production tax credit to existing nuclear power plants. This legislation would help ensure that the existing nuclear fleet, which provides more than 50% of the nation's carbon-free power remains in operations and available to meet the country's energy needs while preserving and achieving climate goals. This progress is encouraging. If the PTC is included in the legislation that passes later this year, it will make an enormous difference for climate and for our nuclear plants. Unfortunately, though, that will be too late for the buyer interest in nuclear facilities, which brings me to Illinois. After many months of very tough negotiations, we were able to reach agreement with the governor and his administration that would provide support to the buyer interest in Braidwood facilities, allowing them continued operation and LaSalle would also be preserved. Unfortunately, the state leaders and other stakeholders are at an impasse at this point on provisions related to the nuclear regulation -- or excuse me, the nuclear issues in the legislation. There's been no progress toward enacting the legislation since the session ended and the retirement dates for the plants are now only weeks away. We don't want to close these plants, but we cannot make decisions based on hope of legislation being passed in the future. We've been doing that since 2016, while significant losses have been incurred. We must act on the economic facts as they exist today, where no legislation has been passed by the general assembly or signed into law by the governor. Absent legislation, closing the plants is the right economic decision, but not an easy one. The talent, the dedicated employees that work at these plants, our colleagues and our friends that these -- their jobs support their families and their communities. Premature retirement of these plants is also a loss for the citizens of Illinois. The four plants at Byron, Dresden, Braidwood and LaSalle, which are eight reactors, provide 28,000 direct and indirect jobs, $3.5 billion annually to the Illinois economy. $150 million in Illinois taxes that support the schools, public safety and other critical services in the communities that they reside in. 2/3 of Illinois carbon-free electricity is greatly at risk with these shutdowns. Once Byron and Dresden retire, it will take many years under the proposed legislation to add enough renewable energy -- intermittent renewable energy to get back to where Illinois is in terms of clean energy production. In the meantime, more than 100 million metric tons of additional carbon will be admitted over the next decade as a result. I remain hopeful that the outstanding differences can be resolved and the bill will be passed very soon that would allow the clients to continue to deliver the carbon-free power to the grid, but time is really running out on that becoming achievable. Moving to operations on Slide six. Reliability performance remained strong despite the frequent storms and the heat across our service territories. All utilities achieved first quartile operating performance in outage duration and frequency, as you can see by the charts. ComEd delivered top decile performance in outage duration and frequency while BGE and PHI were top decile for outage duration. Customer operation metrics remain strong across the utilities. BGE, ComEd and PECO achieved top decile performance in the customer satisfaction indices. On the Generation front, our generation fleet performed well during the quarter. Our nuclear plants provided 36.6 terawatt hours of zero carbon generation to the grid, avoiding approximately 20 million metric tons of carbon dioxide. The fleet had a capacity factor of 93.7% for the quarter. Our fossil and renewable fleet operated above plan with power dispatch match at 99.5% and wind and solar energy capture at 96%. Our Texas plants are running as expected, helping to meet the summer loads. Turning to the separation on Slide seven. We're making progress against our execution plan and remain on track for a first quarter close. The team is working on the organizational and cost structures of each company that will set each business up for long-term success. On the regulatory front, we received comments in each of the dockets for approval and the process is moving forward as expected. We remain on track to get the necessary approvals. We will continue to update you on the work as it progresses. Turning to Slide eight. We all are very excited at Exelon to announce that Exelon Utilities have set a goal to reduce their operations-driven emission by 50% by 2030 and reaching net zero by 2050. Since our founding, Exelon has been dedicated to being part of the solution for climate crisis and a leader in providing clean energy to the grid. We were one of the first companies in our industry to commit to reducing greenhouse gas emissions, even though our emissions were already 10 times lower than our peers. We have met or exceeded our previous -- three previous goals, and Exelon Utilities' new goal builds upon our long-standing commitment to reduce our greenhouse gas emissions. We'll meet these goals through continued modernization of our gas systems, electrifying our light-duty fleet and exploring electricity and other zero carbon alternatives for medium- and heavy-duty fleet. A focus on energy efficiency and clean electricity for our operations is clearly part of the plan. Investing in equipment and processes to reduce our SF6 insulating gas from our large breakers from our system, exploring and piloting low-carbon fuels in new grid technologies and advocating for affordable grid decarbonization. In addition, we remain focused on how we can help our customers and communities decarbonize in an equitable way. The utilities will continue to invest in the EV infrastructure across our service territories and join the Electric Highway Coalition, which will create a seamless network of charging stations on highway systems covering most of the country. We will invest in robust energy efficiency programs at each of our utilities. This is a continuing endeavor which will enable customers to have lower emissions profile, use less energy and save money. In 2020 alone, these programs avoided 8.1 million metric tons of carbon emissions. Advocates for policy that will put our state -- we will continue to advocating for policies that will put our states and our communities on a path to a clean energy future while ensuring equitable transitions that benefit everyone in our communities. Before I turn it over to Joe on Slide nine, I want to highlight the work we are doing to help transform our communities through our workforce development programs, which you can see on -- narrated on the slide. Diversity, equality and inclusion is a core value at Exelon, and we are growing a diverse and inclusive, high-performing workforce. We operate in some of the most diversed cities in the country, and we have a responsibility to help address the inequities in our communities. We have more than 100 workforce development programs, spanning from middle schools, high schools and throughout colleges as well as programs for work-ready underemployed adults. These programs have already reached more than 22,000 participants. We recently launched the STEM Leadership Academy scholarships that are open to graduates of the program, ensures that the graduates are debt-free and guaranteed internships with Exelon throughout their college half. I recently awarded scholarships to seven young women and see their faces on how life-changing this was for them and their families. It was quite emotional not only for the young women, but for myself and the rest of the leadership here at Exelon. We are committed to supporting our communities by investing in education, job training programs and giving the underserved populations opportunities to grow and succeed. I'll turn it over to Joe now to take our financial update. Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer Thank you, Chris, and good morning, everyone. Today, I will cover our second quarter results, our quarterly financial updates and our hedge disclosures. First, turning to Slide 10. We earned $0.89 per share on a non-GAAP basis for the quarter. This favorability was driven by O&M and tax timing as well as some realized and unrealized gains we have forecasted for later this year. Exelon Utilities delivered a combined $0.49 per share net of holding company expenses. This was primarily driven by strong operational performance and the impacts of distribution rate cases. ExGen earned $0.40 per share in the second quarter, and we've begun to make progress on levers we identified to mitigate the Texas laws, but as we've said before, we expect it will take a full year to realize all the savings. Additionally, unrealized and realized gains from the Constellation Technology Ventures portfolio, and realized gains from our nuclear decommissioning trust funds contributed to the favorable course. At Holdco, we benefited from expected income tax favorability in the second quarter. As a reminder, Holdco incurred $0.12 per share drag in the first quarter associated with how consolidated full year tax expenses are booked due to the impact of losses incurred at ExGen in Texas during Q1. The remainder of the first quarter hit will reverse over the course of the year and not impact our full year results. There's still a lot of work to be done this year, but we are confident we will deliver earnings within our guidance range of $2.60 to $3 per share, and you can see the details on Slide 17 in the appendix. On Slide 11, we show our quarter-over-quarter earnings walk. The $0.89 per share in the second quarter of this year was $0.34 per share higher than the second quarter of 2020. Exelon Utilities less Holdco earnings were up $0.20 per share compared with last year. The increase was driven primarily by the absence of storm's costs from last year's record-setting storm season at PECO and new rates associated with our completed rate cases and the impact of higher treasury rate on ComEd's distribution ROE. The partial reversal of first quarter tax expense at corporate also drove favorability relative to last year's results. ExGen's earnings were up $0.14 per share compared with last year. And the increase was due to unrealized and realized gains on our Constellation Technology Venture investments, realized gains in our nuclear decommissioning trust funds, fewer planned nuclear outage days and higher ZEC revenue from increased volumes in ZEC pricing in New York. As a reminder, the Constellation Technology Venture investment will be mark-to-market every quarter. And since the quarter end, we have seen some decline in prices. Moving on to Slide 12. Looking at our utility returns on a consolidated basis, our trailing 12-month ROE as of the second quarter has improved to 9.4% and is back within our 9% to 10% targeted range. A 50 basis point increase from last quarter was primarily due to higher second quarter earnings across the utilities and the roll-off of the storms that I mentioned that occurred last year. Looking forward, we remain focused on delivering stronger returns in the utilities and supporting our growth targets. Now turning to Slide 13. As Chris mentioned briefly in his remarks, there were some important developments on the regulatory front. Notably, we received orders in two multiyear plans at Pepco for D.C. and Maryland. Multiyear plans provide our customers with great predictability and reduce the administrative costs caused by frequent filing with traditional rate case to recover our costs. We are pleased that we have now received orders in our first three multiyear rate plans, which will provide timely and predictable recovery for capital investments for the benefit of all our customers. And now moving on to the details of the recent rate case developments. First, on June eight. The DC Public Service Commission approved Pepco's multiyear plan for the 18 months, spanning the remainder of '21 through 2022 with an allowed ROE of 9.275%, a revenue increase of $108.6 million along with the acceleration of tax benefits to partially mitigate rate impacts for customers through 2022 is approved. Additionally, the order allows for two-way reconciliation, including the ability to request recovery of costs that exceed the forecasted cost at the end of deployment. The commission also approved tracking performance incentive mechanisms that are focused on the district's climate and clean energy goals, including GHG emission reduction, energy savings, peak demand reduction and distributed energy resources deployed. Second, on the 28th of June, the Maryland Public Service Commission approved Pepco's three-year multiyear plan for April one, 2021 through March 31, 2024. The order approved a cumulative revenue requirement of $52 million over the period as well as a 9.55% ROE. Acceleration of tax benefits to offset customer increases were improved for the first year with years two and three to be determined later. COVID-19 in electric vehicle regulatory assets were also approved for recovery. Third, on the 22nd of June, the Pennsylvania Public Utility Commission issued an order approving increase in PECO's annual natural gas distribution revenues of $29 million, reflecting an ROE of 10.24%. And fourth, on July 14, the New Jersey Board of Public Utilities unanimously approved ACE's settlement in both the electric distribution rate case as well as our AMI meter and network deployment and cost recovery. The rate case settlement was for $41 million revenue increase and a 9.6% ROE. There will be no rate impact to customers until January one, 2022, due to improved offsets from acceleration of tax benefits. We are excited about the AMI decision that will allow us to bring the benefits of this technology to our customers in South Jersey. We've also had several rate cases still in progress, including Delmarva, Delaware's electric case where we expected provision in the third quarter, the PECO electric case in the fourth quarter and ComEd's annual formula rate filing in December. And overall, we're very pleased with the progress in advancing progressive regulatory designs that benefit our customers while easing regulatory burden and improving visibility for our utilities. As a reminder, we expect nearly 100% of our rate base growth will be covered by alternative mechanisms by the end of our planning period, a differentiator for our utilities when compared to our peers. And more details on the rate cases can be found on Slides 21 through 28 of the appendix. And before discussing our gross margin update on Slide 14, I want to remind you that we will not be providing any ExGen disclosures beyond 2021 at this time. And given the separation, we expect to provide the 2022 hedge disclosures closer to completion when we're able to give a full financial picture for new spun-off company. Turning to the table on gross margin. There is no change to the 2021 gross margin since last quarter. In 2021, open gross margin is up $750 million relative to the first quarter primarily due to the impact of higher prices across all regions and the execution of $50 million power new business in 2021. Our mark-to-market hedges were down $600 million due to our highly hedged position, partially offset by the execution of power new business. We executed $150 million of power new business in the quarter and $50 million of non-power business in the quarter. I'll stop there. Thank you, and I'll now turn the call back to Chris for his closing remarks. Chris M. Crane -- President and Chief Executive Officer Thanks, Joe. Appreciate it. Turning to Slide 15, I'll close on our priorities and commitments. We will meet or exceed our financial commitments, delivering earnings within our guidance range and maintaining a strong balance sheet. We will complete preparations to separate the business, including obtaining the regulatory approvals. At Exelon Utilities, we will prudently and effectively deploy nearly $6.6 billion of capital to the benefit of our customers and to help meet our state's energy policy goals, and we will work with our regulators to ensure timely recovery of these investments. We will continue to advocate for clean energy and climate policies with the new administration commerce in our states to put the country on the path to meeting the carbon reduction goals that all desire. And we'll continue to partner and support our customers in the communities that we serve. Thank you, and I'll now open it up for questions. Before I do that, though, I have one error in my prepared reading. I said we're at impasse on the nuclear issues on the bill. And that's not where the impasse is. We've resolved the nuclear issues. We're working with all the constituents on other elements. So just want to make sure that my blunder there didn't go too far down the path of what the hell is going on. But with that, I'll open it up for questions. Questions and Answers: Operator [Operator Instructions] The first question will be from Julien Dumoulin-Smith of Bank of America. Your line is open. Go ahead please. Julien Dumoulin-Smith -- Bank of America -- Analyst Hey. Good morning. Thanks for the opportunity. Chris M. Crane -- President and Chief Executive Officer Good morning. Julien Dumoulin-Smith -- Bank of America -- Analyst So I'll let the legislative comment on Illinois. I know it's dynamic, and there's probably not too much more you can comment on there. But I'd love to spend a moment, if you can, talking more high level with respect to the federal efforts as well. And perhaps outside of Illinois, can you speak a little bit to the ability to potentially tap into this CMC program, specifically in other states like Maryland and Pennsylvania as well as the ability perhaps in some of the states that have various programs, just should we say, true-up against future pressures should those ZECs prove insufficient against pressures on power curves and renewables into the future? Chris M. Crane -- President and Chief Executive Officer I'm going to add a little bit more color on to Illinois and then let Kathleen talk about the federal side. The governor in his administration, the leaders in the legislature have a really tough job to do. They are bringing together coalitions that have, in cases, different priorities. And as a member of inputting into these coalitions, we're at a point that we need to figure out how to best support our leaders, so they're able to execute on legislation that supports all within the right timing, within the right economics. But we're here to support and we recognize the tough job ahead of our leaders, especially in the legislature and committee leaders being able to bring something to fruition. So I just want to make sure that we're clear on that point. And with that, I'll turn it over to Kathleen to talk about the federal. Kathleen L. Barron -- Executive Vice President of Government & Regulatory Affairs & Public Policy Sure. Julien, so while we're certainly very grateful for the attention in Washington to the importance of continuing the operation of the existing fleet in order to achieve climate goals, what's going on is there are a number of policy tools that are under discussion and I'll sort of take them in order, while there, as Chris mentioned, has been a production tax credit for nuclear introduced in both the House and Senate. There are discussions of a clean energy standard potentially being developed for the reconciliation bill. And you asked about CMC. I think what you mean is the DOE grant program that has been discussed for a potential inclusion in the infrastructure bill. So those are three very different kinds of policy solutions. The first two being far more comprehensive and one's that, as you mentioned, in Maryland, Pennsylvania and other states, in the existing nuclear fleet potentially seeing a significant amount of support, and as Chris said, providing a real benefit to the climate. The grant program is a little bit more challenging and more limited given the limited amount of funding that will be available under that program at least as it's currently drafted. The real point though, is that all of these programs are just tatter or just sort of proposed programs. Nothing has yet been enacted as you know. And so while we're watching it very closely and again, very grateful for the growing amount of support for preserving their fleet through federal legislation, the reality is that, as Chris said, we need to make decisions based on laws that have actually been enacted and nothing has yet come to fruition in D.C. as of yet. Julien Dumoulin-Smith -- Bank of America -- Analyst Yes. No, I appreciate that very much. If I can pivot the business -- or the attention to the other side of the business a bit more. As you think about opportunities described by some your peers on carbon-free attributes and specifically some of the new novel off-takers like miners, can you speak to the willingness with some of your counterparties, especially considering the extent of your C&I relationships already to perhaps pay a premium and contract directly with some of your nuclear assets, if you don't mind? Chris M. Crane -- President and Chief Executive Officer I'll let Joe start and then Jim can jump in, making sure we've got your question right here. Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer Yes, Julien, if I understand your question, I think you're asking with some of the -- what some of these larger companies and customers are looking for, is there an opportunity with our carbon-free generation to marry to them? And there is, and -- I'm sorry, go ahead. Julien Dumoulin-Smith -- Bank of America -- Analyst No, no, no. Yes, exactly. Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer Yes. So I think there is, and that's something that the Constellation team is looking at, and we've created some products already. When you look at renewable offtakes that we backed to third-party customers, large third-party commercial industrial customers, and we had some success in different areas doing that as well as some of the things you mentioned, these large mining companies, cryptocurrency-type companies, and I'll let Jim fill in the blanks on there. James McHugh -- Chief Executive Officer, Constellation Executive Vice President Yes. Thanks, Joe. Julien, yes, we definitely had a lot of demand from our customers for multiple areas of interest, right, in order for them to hit their sustainability targets. They're interested in carbon-free energy, renewable energy, both. And we've had some success in selling emission-free energy credits and other renewable type products to some of our larger C&I customers. They're also interested in just sustainability information and data around energy usage and how to be more efficient. So there's kind of this burgeoning suite of different products and services that we're working through with our team and with our customers that they're very interested in. And we certainly have also seen the demand for direct offtakes and large energy purchases for both data centers and mining as well as also people that are interested in the hydrogen business. So we have a pipeline of activity and different products and services that we're talking to our customers about. And we'll have more to come on that as that develops. Julien Dumoulin-Smith -- Bank of America -- Analyst Excellent. I wish all best of luck. And [Indecipherable] you, soon. Chris M. Crane -- President and Chief Executive Officer Thanks. Operator The next question will be from Stephen Byrd of Morgan Stanley. You may ask your question. Stephen Byrd -- Morgan Stanley -- Analyst I wanted to just focus on the Texas assets for a little bit. There's been a lot of movement in terms of market design and a lot of those moves seem constructive. The four curves moved up a lot. I was just curious, your latest thoughts in terms of how satisfied are you with the improvements in market design. I know I think it was a question in terms of whether those assets would be a fit unless there were improvements. What's your general take on the progress in Texas? Chris M. Crane -- President and Chief Executive Officer I'll let Kathleen start and then I'll finish on the actual plants themselves and what we're doing in what we see as a potential new market design. Kathleen L. Barron -- Executive Vice President of Government & Regulatory Affairs & Public Policy Good morning. Stephen. So, I think that the progress is a little bit slow. The ERCOT leadership and the PUCT have really been focusing on how to react to what happened in February, and there's been, as you know, a lot of work associated with that. So the changes looking forward, I think are -- in some was helpful in that we have finally seen a proposal for how to address weatherization. But on the broader questions of market design, there's a lot of discussion, but we do not yet at this point have some solid proposals that have been either filed or approved. So while there are a number of stakeholders working on ways to address changes to the ORDC curve or introducing new products into the market, in my view, there's not enough progress yet to evaluate whether we're going to see the kind of changes that will be necessary to prevent an event like February from happening again. Chris M. Crane -- President and Chief Executive Officer So on the plant side, which should help inform what we need from the market side, Bryan Hanson, who's our Chief Operating Officer, who is on the phone for the Genco, has a team -- technical team working through what the design basis temperature would be that we would have to install capital to be able to reach that. The plants in Texas were never designed for the weather that we saw and especially the duration of the weather that we saw. So if we go to something much lower in temperature as a design basis, we have to look at what adequately would preserve the piping. Is it heat trace, is it insulation, is it other type of barriers and what's the most economic way to get there. And Bryan, I don't know if you want to add anything, but that team is well underway at this point. Bryan Craig Hanson -- Executive Vice President & Chief Generation Officer Chris, I would just add, we've built the model that has some certain assumptions on temperature, wind speed, longevity of the weather event that will calculate the engineering changes we need to make to the plant, in which case then we'll be able to price that out. And then once the weatherization standards are published and accepted in ERCOT, we can then tune that model to come up with our final outcomes and then establish the price points for those plants. Chris M. Crane -- President and Chief Executive Officer And that will definitely have to feed into what ERCOT is doing on market design. Just as we saw in PJM some years back on the reliability standards that they were looking for, there was an expense to that. We all were willing or many of us were willing to invest that into that reliability, but we have to have some assurance that we're going to get a return on that invested capital. Stephen Byrd -- Morgan Stanley -- Analyst All very helpful. And it's fair that we still have to wait and see how the rules developed to figure out sort of what your stance is with those assets. So that's all very fair. I wanted to shift over to the utility. You gave a very good thorough update on the utility. I wanted to just step back, at a high level, utility is already an above-average grower, but I was just curious, are there -- what are the biggest categories of sort of upside potential in terms of growth of the utility business that you're most excited about, really a multiyear period, not so much in the near term, but sort of longer term? Chris M. Crane -- President and Chief Executive Officer Let me turn it over to Calvin Butler. Calvin G. Butler -- Senior Executive Vice President & Chief Executive Officer of Exelon Utilities Thanks, Steve. Good morning. I would sit back and say, our opportunities is really in partnering with each of our jurisdictions to understand what their needs are and how we're really hardening the system and building resiliency throughout. As you sit back and look, I think our efforts around our path to clean, as Chris talked about and Joe talked about earlier, is really understanding where they're taking us and electrifying our entire distribution system, also in really setting up our gas distribution system for the future. And replacing that infrastructure is also a key ingredient in several of our jurisdictions. In addition to that, around the security of the overall system as well. So when we look at where we're going, electrifying our vehicle fleet, electrification of our system, the replacement of our gas system and also ensuring that it's secure are really our opportunities across each of our jurisdictions. Stephen Byrd -- Morgan Stanley -- Analyst Thanks, Calvin. That is all I have. I appreciate it. Operator The next question will be from Steve Fleishman at Wolfe Research. Your line is open. You may ask your question. Steve Fleishman -- Wolfe Research -- Analyst Thank you. Good morning. My questions are focused on Illinois. Just we have seen a decent move-up in power prices recently. And particularly, I guess, in the near term, just any sense on -- is there any chance that, that could be enough to wait this out longer with the plants? Chris M. Crane -- President and Chief Executive Officer I can give you the beginning, which is the end and then Joe can fill in the blanks. No, it doesn't give us what we need. But Joe. Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer Thank you, Chris. And Good morning, Steve, it really isn't that simple. I think certainty, Steve, is very important. As you know, the plants face near-term financial challenges, and as Chris said in his script, absent legislation, closing the plant is the right economic decision and obviously not an easy one. I would tell you, we've seen an uptick in energy prices many times before, never have they helped. And when you look at it at the front end of the power curve is up more materially than the back end of the power curve in terms of price movement. In addition, we've seen capacity prices decline. The stability and certainty provided by a contract better address -- clearly better address the financial challenges of these plants without being exposed to all this market volatility. In addition, the term of the contract helps with things like capital planning and the efficiency of that, obviously, our workforce personnel planning. And we just think it's a much more certain outcome and a better way here. Steve Fleishman -- Wolfe Research -- Analyst I mean is there any appreciation that to the flip side that the law as proposed at least would actually be below where current price levels are in the near term? Chris M. Crane -- President and Chief Executive Officer It's something that we see today, but we've seen this stance before. Something happens in the market, the near term rises, it's flat or low on the back side as we drift into the above years, we come right back down. And so we really have to focus on the long-term viability and the economics versus the cyclical nature of the markets, the lows and all the variables. We're agreeing to and support a significant renewable build-out within the legislation. We know that, that will have a depressing factor on prices as low demand periods with excess generation will bring the prices down, and that will drop not only the forwards, but the back here. So it's -- there's consumer protection in the legislation that ensures we don't over-earn, but the -- to bet on the come that these forwards are going to maintain and eventually lift the out years is a gamble that we're not willing to take. Steve Fleishman -- Wolfe Research -- Analyst I guess my other question just on the law is it doesn't seem like anyone, as you mentioned, is debating the nuclear provisions. But the issue, as I guess the governor said, is that -- as he kind of commented on the labor unions that they're preventing potential job loss in 2045 over certain job loss in 2021. Just -- can you maybe -- do the union group not believe you're shutting the plants? Or are they just willing to take potential benefits in 2045 over 2021? Chris M. Crane -- President and Chief Executive Officer First of all, let me make it clear. We're not engaged and involved in that negotiation as far as the shutdown of the coal and the jobs issues that go along with that. We understand what the union is asking for. We understand what the governor is asking for, and it's put on the lap of the legislative body to figure out what's the right thing to meet the state goals, continue to have adequate employment certainty. And so it's a tough situation. But I can say that's not a fight that we're involved in. And we are very dependent on the support for our power plants to be maintained by our union partners, building trades in the IBEW. They're very aware of the dire situation for the nuclear plants. So I don't think that their dedication to saving the jobs at these plants are in question. They have some other priorities and other constituents within their organizations that are dealing with issues. So I would just leave it at that. Steve Fleishman -- Wolfe Research -- Analyst Okay. Thank you. Operator And the next question, Jeremy Tonet at JPMorgan. Please ask your question. Jeremy Tonet -- JPMorgan -- Analyst Hi. Good morning. Chris M. Crane -- President and Chief Executive Officer Good morning. Jeremy Tonet -- JPMorgan -- Analyst Just wanted to turn to the storm offset for a second here, the $600 million-ish that you were targeting here from Uri -- to offset Uri. Just wondering if you could help update us as far as how that's progressing, where you see yourself versus what you're targeting, and how much is left to do at this point. Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer Yes. Good morning. So we did achieve more in the second quarter than when we had done our planning originally in Q1, what we would have expected to achieve, we expected most of it show up in the [Indecipherable] of the year. We've achieved somewhere between 20% and 25% of the offsets that we expected. And we said they would come in a number of areas, when you look at deferral of cost and onetime cost savings opportunities, whether it's things like contracting dollars, holding labor vacancies, reductions in travel and entertainment expense, deferring noncritical maintenance capital, those types of things. There were some revenue opportunities when you see the improvement in treasuries. We talked about our technology ventures investments. So we're ahead of what we expected to do at this point in the year, and we're continuing to work hard on delivering the balance of what we committed to. Jeremy Tonet -- JPMorgan -- Analyst Got it. That's very helpful there. And then turning toward the utility business as a whole here. Given the potential moving pieces at ComEd and then some positive outcomes, it seems like with Maryland and D.C. with the multiyear plans, better outlooks in those jurisdictions. How should we think about both the trajectory of utility-earned ROEs? And how this might impact the 6% to 8% utility growth rate that you guys see? Calvin G. Butler -- Senior Executive Vice President & Chief Executive Officer of Exelon Utilities This is Calvin. I would just sit back and tell you that we are very confident in achieving the stated financial performance for each of our utilities and to your reference on the multiyear plans that have gone taking place in Maryland and in D.C. and Joe outlined in terms of the rate case across our business. It goes to show you the partnership that we've established with our jurisdictions and understanding what their needs are and how our investments are meeting those goals. We are committed to $6.6 billion annual investments in capital and recovery of real-time on that capital. And the alternative ratemaking that has been taking place across those utilities indicate that we are recovering and returning on that capital in real time. If you think about the jurisdictions in which we operate, they have typically been some of the more difficult across the country. and we're changing that landscape. So I'm very proud of the team across each of the utilities and really building that partnership and showing that we understand the needs, and we're meeting those objectives. Chris M. Crane -- President and Chief Executive Officer Let's see if Joe wants... Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer Yes, I would just add one thing on top of what Calvin said, which I thought he did a very comprehensive job. As you know, we target 9% to 10% ROE in all of our utilities. And this quarter, you saw us jump 50 basis points back across the composite to 9.4%, and that factors into our 6% to 8% earnings projection. Jeremy Tonet -- JPMorgan -- Analyst Got it. That is very helpful. Thank you. Operator The next question will be from Michael Lapides of Goldman Sachs. Go ahead please. Michael Lapides -- Goldman Sachs -- Analyst Hey, guys. Couple of ExGen questions. First of all, the offsets or the O&M savings you're trying to realize this year to help offset the winter storm year impact. How much of that do you think will remain in place as we go out into 2022 or 2023? Or should we assume there's a sizable step back up in O&M in those years? Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer Yes. I think what we've said is a lot of that is onetime in nature. When you think about deferring some things that you ultimately need to get done. I talked about things like labor vacancies and contracting, travel and entertainment. At this point, a lot of that is onetime in nature. But what I would add to that is, as you know, Michael, we've done a good job across the enterprise and as well as at ExGen in really driving efficiencies and cost here in the last five or six years, and we continue to look at new ways to do that, whether it's leverage in technology or the scale of our business when you look at our supply organization doing a nice job in that area, and we'll continue to challenge ourselves. But some of these costs specifically are going to be onetime in nature. Chris M. Crane -- President and Chief Executive Officer Yes. I can tell you that each cost as we bring it back in, in 2022 will be scrutinized against what is the new workplace of the future, what's the productivity we're able to achieve with these reductions. It is not a healthy recipe to forgo capital maintenance or required O&M maintenance and let the systems decay. So you can buy yourself some time on some of those decisions. But at the end of the day, reliability on the system is critical, and we'll watch that. But there are other areas that -- there's teams working on reentry, looking at staffing needs as we go through the design of the organizations. As we look at the split, there are savings that we're not ready to announce yet, but that will be coming into play in each one of the companies in the design of the future state of two entities, strong entities working on their own. Michael Lapides -- Goldman Sachs -- Analyst Meaning when you think about the two entities as separate entities, we should think that there are costs -- I don't want to call them synergy, but there are cost opportunities as separate entities versus maybe having dissynergies on the cost side? Chris M. Crane -- President and Chief Executive Officer Well, yes. That -- what you focus on at the start is making sure you attack the synergies. And that's what we're doing. And then from there, when you're attacking the dissynergies, it will expose potential businessships and how we perform. So we're working through that. Bridget Reidy, our Chief Operating Officer of Corporate is leading a lot of that as long as -- along with our project management team that is daily following each one of the designs, staffing, expenses. And we'll continue to report out to the senior team on where we're at on obtaining. The first goal is to try to minimize, neutralize, do away with any dissynergies. And then from there, what new efficiencies can we drive into the business. Michael Lapides -- Goldman Sachs -- Analyst Got it. And one last one just on Byron and Dresden. Is there a scenario where you could push out the refueling outages until next year, meaning early next year and keep them afloat or keep them operating through the end of this year? Or is that kind of physically or for safety reasons impossible to do? Chris M. Crane -- President and Chief Executive Officer What happens at the end of cycle, which we're heading toward on these plants, your fuel becomes less and less effective and the term is coast down. And so you start power out of the reactor, the thermal megawatts out of the reactor is reduced, which compounds to the electric megawatts produced. And so you get to a point that you're running -- within months or so period, you're running inefficient steam paths and inefficient operations. So you make the call as coast down to start and to shut the facility down. The one thing to reiterate in shutting down a nuclear plant, it is -- the goal is you shut down, you cool down. You disassemble the reactor. You offload all of the fuel into the spent fuel pool and you relinquish the license to the Nuclear Regulatory Commission, and there is no path back from that. There's no regulatory path back. And so what we do is start into the phases of the chosen decommissioning using the decommissioning trust fund and it comes out of our expense column. It's in the prefunded category of the decommissioning trust. So it's irreversible. And running a year is physically impossible. Running an extra month is very challenging on the steep supply system and maintaining adequate controls on the physics. Michael Lapides -- Goldman Sachs -- Analyst Got it. Thank you, Chris. Much appreciated, guys. Operator That concludes the Q&A session, and I'll turn it back to Chris Crane. Chris M. Crane -- President and Chief Executive Officer I want to thank everybody for the time this morning for joining the call. We're working hard to run the businesses at best-in-class levels and taking the necessary steps to set up two strong independent companies. There's quite a focus on both of those goals, and we'll continue to update you as we go along. We appreciate your support. And with that, I'll close the call out. Operator Thanks to all our participants for joining us today. [Operator Closing Remarks] Duration: 58 minutes Call participants: Daniel L. Eggers -- Senior Vice President of Corporate Finance Chris M. Crane -- President and Chief Executive Officer Joseph Nigro -- Senior Executive Vice President & Chief Financial Officer Kathleen L. Barron -- Executive Vice President of Government & Regulatory Affairs & Public Policy James McHugh -- Chief Executive Officer, Constellation Executive Vice President Bryan Craig Hanson -- Executive Vice President & Chief Generation Officer Calvin G. Butler -- Senior Executive Vice President & Chief Executive Officer of Exelon Utilities Julien Dumoulin-Smith -- Bank of America -- Analyst Stephen Byrd -- Morgan Stanley -- Analyst Steve Fleishman -- Wolfe Research -- Analyst Jeremy Tonet -- JPMorgan -- Analyst Michael Lapides -- Goldman Sachs -- Analyst More EXC analysis All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-08-09,32.3469,32.4075,32.0674,32.2912,
EXC,2021-08-10,32.3059,32.558,32.1495,32.388,"Ex-Dividend Reminder: WEC Energy Group, Exelon and Middlesex Water Looking at the universe of stocks we cover at Dividend Channel, on 8/12/21, WEC Energy Group Inc (Symbol: WEC), Exelon Corp (Symbol: EXC), and Middlesex Water Co. (Symbol: MSEX) will all trade ex-dividend for their respective upcoming dividends. WEC Energy Group Inc will pay its quarterly dividend of $0.6775 on 9/1/21, Exelon Corp will pay its quarterly dividend of $0.3825 on 9/10/21, and Middlesex Water Co. will pay its quarterly dividend of $0.2725 on 9/1/21. As a percentage of WEC's recent stock price of $96.03, this dividend works out to approximately 0.71%, so look for shares of WEC Energy Group Inc to trade 0.71% lower — all else being equal — when WEC shares open for trading on 8/12/21. Similarly, investors should look for EXC to open 0.81% lower in price and for MSEX to open 0.26% lower, all else being equal. Below are dividend history charts for WEC, EXC, and MSEX, showing historical dividends prior to the most recent ones declared. WEC Energy Group Inc (Symbol: WEC): Exelon Corp (Symbol: EXC): Middlesex Water Co. (Symbol: MSEX): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.82% for WEC Energy Group Inc, 3.22% for Exelon Corp, and 1.03% for Middlesex Water Co.. In Tuesday trading, WEC Energy Group Inc shares are currently down about 0.3%, Exelon Corp shares are trading flat, and Middlesex Water Co. shares are up about 0.1% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-08-11,32.511,32.8588,32.4554,32.8168,
EXC,2021-08-12,32.983,33.0581,32.7739,32.9624,
EXC,2021-08-13,33.0924,33.2164,32.9663,33.1812,
EXC,2021-08-16,33.2848,33.6961,33.2224,33.3396,
EXC,2021-08-17,33.1882,33.2194,32.7631,33.1882,
EXC,2021-08-18,33.1549,33.2438,32.9136,33.0924,
EXC,2021-08-19,33.1618,33.6961,33.1335,33.4832,
EXC,2021-08-20,33.4431,33.9131,33.2575,33.875,
EXC,2021-08-23,33.7451,33.9366,33.5077,33.6688,
EXC,2021-08-24,33.7098,33.7098,33.2917,33.5663,"U.S. lawmaker urges Biden use emergency powers to save Illinois nuclear plants WASHINGTON, Aug 24 (Reuters) - A U.S. representative from Illinois has urged President Joe Biden to consider using federal emergency powers to save two struggling nuclear power plants in his state as their owner edges closer to shutting the first one next month. Representative Adam Kinzinger, a Republican, asked Biden in a letter sent late on Monday to consider using powers under the Defense Production Act (DPA) or the Federal Power Act (FPA) to keep the plants open until federal or state subsidy programs can make them economically viable. Copies were sent to Energy Secretary Jennifer Granholm and other top officials. Exelon Corp EXC.O Chief Executive Christopher Crane said early this month the company plans to shut the nuclear reactors at Byron in September and Dresden in November unless an Illinois or federal program comes to the rescue. The DPA, enacted in 1950 during the Korean War, allows the U.S. government to direct private companies to produce certain goods to meet the nation’s national security needs. Kinzinger said under the FPA, Granholm could submit a proposal to the Federal Energy Regulatory Commission requesting that it determine an emergency exists and require the plants to stay open. ""The decisions you and your administration make on these matters in the days ahead will have a substantial impact on the future of America's energy and climate policy,"" Kinzinger said in the letter. The United States has 93 nuclear reactors, down from 104 in 2012, as aging plants face rising security costs and competition from electricity generated from plentiful natural gas, and wind and solar power. Still, they are the country's top source of emissions-free power generation. The White House, the Energy Department and Exelon did not immediately respond to requests for comment. Illinois has been debating a clean energy package that includes subsidies for nuclear power. The bill has been bogged down by requirements to shut power plants fueled by coal and natural gas, but the state legislature is expected to consider a slimmer version of the bill on Aug. 31. White House climate adviser Gina McCarthy has said that existing U.S. nuclear plants in many areas are going to be ""absolutely essential"" to reach Biden's goal of making the power grid emissions free by 2035. The administration has supported using taxpayer subsidies to keep nuclear plants from closing and such a measure is in its infrastructure legislation. (Reporting by Timothy Gardner and Scott Disavino in New York; Editing by Dan Grebler) ((timothy.gardner@thomsonreuters.com; +1 202 898-8360 (Twitter @timogard); Reuters Messaging: timothy.gardner.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-08-25,33.5252,33.6688,33.4226,33.5526,
EXC,2021-08-26,33.621,33.6277,33.4119,33.4764,
EXC,2021-08-27,33.5389,33.9063,33.5389,33.6894,
EXC,2021-08-30,33.6493,33.917,33.5721,33.7998,
EXC,2021-08-31,33.6961,33.7578,33.4764,33.6414,"[""Illinois could vote Tuesday on bill that aims to save nuclear plants By Timothy Gardner Aug 31 (Reuters) - The Illinois legislature is edging closer to a vote as soon as Tuesday on a bill that aims to prevent two nuclear power plants from shutting, as the owner moves to close the first plant next month unless the state acts. The legislature could vote in a special session on a compromise of a wide-ranging energy bill, introduced Monday, or a narrow version of it that would allow nuclear plants to earn carbon mitigation credits for generating virtually emissions-free power. Tuesday's session is on legislative mapping, but could include the energy bill vote. Illinois Governor J.B. Pritzker, a Democrat who supports plans to save the nuclear plants, would veto the wider bill as it would allow some coal plants to keep running if emissions are cut by 50% by 2040, his spokesperson said. But John Patterson, a spokesperson for Don Harmon, a Democrat and the Illinois Senate president, said Harmon is \""optimistic that we\u2019ll be able to find a winning balance of renewable, reliable and affordable energy policies for the people of Illinois.\"" Lawmakers were set to meet on Tuesday to consider a measure on the bill. Exelon Corp EXC.O has said it will close the Byron nuclear plant in mid September and the Dresden plant in November if a state or federal program does not come to the rescue. Gina McCarthy, President Joe Biden's climate adviser, has said existing nuclear plants are \""absolutely essential\"" to hit U.S. goals to decarbonize the electric grid by 2035 and the administration has supported federal incentives for the nuclear industry. Incentives are included in bipartisan infrastructure and reconciliation bills being considered by the U.S Congress. But Exelon has said these alone would come too late to save Byron and Dresden. The bill has been delayed on disagreements on issues including when coal and natural gas plants would be phased out or be required to add emissions-capturing technology. The Byron and Dresden plants have more than 1,500 workers, many in high-paying union jobs. \""Hopefully ... we can finish up what little is left on the table,\"" said Illinois State Senator Sue Rezin, a Republican, who has the Dresden plant in her district. The United States has 93 nuclear reactors, more than any other country but down from 104 in 2012 as aging plants struggle to compete with power generated by solar and wind farms and plants that burn natural gas. (Reporting by Timothy Gardner; Editing by David Gregorio and Mark Porter) ((timothy.gardner@thomsonreuters.com; +1 202 898-8360 (Twitter @timogard); Reuters Messaging: timothy.gardner.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Illinois could vote Tuesday on bill that aims to save nuclear plants By Timothy Gardner Aug 31 (Reuters) - The Illinois legislature is edging closer to a vote as soon as Tuesday on a bill that aims to prevent two nuclear power plants from shutting, as the owner moves to close one next month unless the state acts. The legislature could vote in a special session on a new version of a wide-ranging energy bill introduced Monday that allows nuclear plants to earn carbon mitigation credits for generating virtually emissions-free power. The session is on legislative mapping, but could include the energy bill vote. \""Talks continue in efforts to reach agreement,\"" said John Patterson, a spokesperson for Don Harmon, a Democrat and the Illinois Senate president. Exelon Corp EXC.O has said it will close the Byron nuclear plant in mid September and the Dresden plant in November if a state or federal program does not come to the rescue. Gina McCarthy, President Joe Biden's climate adviser, has said existing nuclear plants are \""absolutely essential\"" to hit U.S. goals to decarbonize the electric grid by 2035 and the administration has supported federal incentives for nuclear. Incentives are included in bipartisan infrastructure and reconciliation bills being considered by the U.S Congress. But Exelon has said these alone would come too late to save Byron and Dresden. While many Illinois lawmakers and Governor J.B. Pritzker, a Democrat, back legislation to save the nuclear plants, the bill has been delayed on disagreements on issues including when coal and natural gas plants would be phased out or be required to add emissions-capturing technology. The Byron and Dresden plants have more than 1,500 workers, many in high-paying union jobs. \""Hopefully ... we can finish up what little is left on the table,\"" Illinois State Senator Sue Rezin said at an Illinois Senate hearing late on Tuesday. A Republican, she has the Dresden plant in her district. Exelon did not immediately respond to a request for comment. The United States has 93 nuclear reactors, more than any other country but down from 104 in 2012 as aging plants struggle to compete with power generated by solar and wind farms and plants that burn natural gas. (Reporting by Timothy Gardner; Editing by David Gregorio) ((timothy.gardner@thomsonreuters.com; +1 202 898-8360 (Twitter @timogard); Reuters Messaging: timothy.gardner.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-09-01,33.7031,34.0909,33.579,34.0392,"[""Illinois Senate passes bill to save nuclear plants, sends to House By Timothy Gardner Sept 1 (Reuters) - The Illinois Senate passed a bill early on Wednesday that aims to prevent two nuclear power plants from shutting this autumn, sending the legislation to the House where it was uncertain if the chamber would bring the legislation to a vote. The Senate voted 39-16 to pass a wide-ranging energy bill, with two senators voting \""present.\"" The bill contains more than $600 million in carbon mitigation credits for nuclear plants which generate virtually emissions-free electricity. U.S. nuclear plants have been struggling to compete with wind and solar farms and plants that burn low-cost natural gas. Exelon Corp EXC.O has said it will close its Byron nuclear plant in September and its Dresden plant in November if a state or federal program does not come to the rescue. It was uncertain whether the House would move fast enough to pass the legislation to prevent the shutting of the first plant, located in Byron, Illinois. Exelon spokesperson Paul Adams said the company was continuing shutdown preparations at the plants. Still, Exelon has \""established off-ramps that will allow us to reverse that decision if lawmakers pass legislation with enough time for us to safely refuel the plants,\"" he said. Byron will run out of fuel and permanently shut on Sept. 13 unless legislation is enacted. Illinois Governor J.B. Pritzker, a Democrat, said in a statement his \""office looks forward to working with members of the House to finalize an energy package that puts consumers and climate first.\"" The state has been working on the bill for nearly two years but it has been delayed by concerns of Pritzker, some lawmakers and environmentalists that coal plants would not be phased out quickly or allowed to keep running with unproven carbon-capture equipment. Local media quoted Senator Don Harmon, a Democrat and the Illinois Senate president, saying he thought the House and Pritzker could reach an agreement in a matter of days. Jaclyn Driscoll, a spokesperson for House Speaker Emanuel \""Chris\"" Welch, a Democrat, said: \""The Speaker has been very clear that before an energy proposal is called in the House there must be a consensus among the Democratic caucus and stakeholders, as well as include strong, meaningful ethics provisions.\"" Driscoll did not respond to a question on whether the bill could be worked out in days. The House left town after the Senate passed the bill, but is expected to return in less than two weeks to approve changes to an ethics bill. Gina McCarthy, President Joe Biden's climate adviser, has said some existing nuclear plants are \""absolutely essential\"" to hit U.S. goals to decarbonize the electric grid by 2035. Incentives are included in the infrastructure bills being considered by the U.S. Congress. But Exelon has said these alone would come too late to save Byron and Dresden. The plants have more than 1,500 workers, many in high-paying union jobs. The United States has 93 nuclear reactors, more than any other country, but that is down from 104 in 2012. (Reporting by Timothy Gardner in Washington Editing by Matthew Lewis) ((timothy.gardner@thomsonreuters.com; +1 202 898-8360 (Twitter @timogard); Reuters Messaging: timothy.gardner.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Illinois Senate passes bill to save nuclear plants, sends to House By Timothy Gardner Sept 1 (Reuters) - The Illinois Senate passed a bill early on Wednesday that aims to prevent two nuclear power plants from shutting this autumn, sending the legislation to the House where it was uncertain if the chamber would bring the legislation to a vote. The Senate voted 39-16 to pass a wide-ranging energy bill, with two senators voting \""present.\"" The bill contains more than $600 million in carbon mitigation credits for nuclear plants which generate virtually emissions-free electricity. U.S. nuclear plants have been struggling to compete with wind and solar farms and plants that burn low-cost natural gas. Exelon Corp EXC.O has said it will close its Byron nuclear plant in mid-September and its Dresden plant in November if a state or federal program does not come to the rescue. It was uncertain whether the House would move fast enough to pass the legislation to prevent the shutting of the first plant, located in Byron, Illinois. Illinois Governor J.B. Pritzker, a Democrat, said in a statement his \""office looks forward to working with members of the House to finalize an energy package that puts consumers and climate first.\"" The state has been working on the bill for nearly two years but it has been delayed by concerns of Pritzker, some lawmakers and environmentalists that coal plants would not be phased out quickly or allowed to keep running with unproven carbon-capture equipment. Local media quoted Senator Don Harmon, a Democrat and the Illinois Senate president, saying he thought the House and Pritzker could reach an agreement in a matter of days. Jaclyn Driscoll, a spokesperson for House Speaker Emanuel \""Chris\"" Welch, a Democrat, said: \""The Speaker has been very clear that before an energy proposal is called in the House there must be a consensus among the Democratic caucus and stakeholders, as well as include strong, meaningful ethics provisions.\"" Driscoll did not respond to a question on whether the bill could be worked out in days. The House left town after the Senate passed the bill, but is expected to return in less than two weeks to approve changes to an ethics bill. Gina McCarthy, President Joe Biden's climate adviser, has said some existing nuclear plants are \""absolutely essential\"" to hit U.S. goals to decarbonize the electric grid by 2035. Incentives are included in the infrastructure bills being considered by the U.S. Congress. But Exelon has said these alone would come too late to save Byron and Dresden. The plants have more than 1,500 workers, many in high-paying union jobs. The United States has 93 nuclear reactors, more than any other country, but that is down from 104 in 2012. (Reporting by Timothy Gardner in Washington Editing by Matthew Lewis) ((timothy.gardner@thomsonreuters.com; +1 202 898-8360 (Twitter @timogard); Reuters Messaging: timothy.gardner.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-09-02,34.0597,34.5471,34.0128,34.3831,
EXC,2021-09-03,34.1554,34.4515,33.9531,34.1905,
EXC,2021-09-07,34.1085,34.2522,33.8887,33.9776,"Illinois House inches closer to saving two nuclear plants WASHINGTON, Sept 7 (Reuters) - The Illinois House plans to consider an energy bill on Thursday, the House speaker said, that could prevent two Exelon Corp nuclear power plants from shutting in coming days and months. ""I am pleased to see negotiations moving forward on a comprehensive energy proposal that prioritizes a greener future for Illinois, as well as meaningful ethics reform and maintaining our current workforce,"" House Speaker Emanuel ""Chris"" Welch, a Democrat, said in a statement on Tuesday. The Illinois Senate on Sept. 1 passed a bill that contains more than $600 million in carbon mitigation credits for nuclear plants, which generate virtually emissions-free electricity. The state has been working on the bill for nearly two years but it has been delayed on concerns of Governor J.B. Pritzker, a Democrat, some lawmakers and environmentalists that coal plants would not be phased out quickly or allowed to keep running with unproven carbon-capture equipment. Public and political anger toward Exelon's Commonwealth Edison unit after the Chicago-based utility agreed to pay $200 million to resolve a U.S. Department of Justice probe over inappropriate lobbying practices in 2020, also delayed action. U.S. nuclear plants have been struggling to compete with wind and solar farms and plants that burn low-cost natural gas. Exelon EXC.O has said it will close its Byron nuclear plant on Sept. 13 and its Dresden plant in November if a state or federal program does not come to the rescue. Preventing nuclear plants from closing has been a priority for the administration of President Joe Biden, which has supported tax incentives for nuclear in federal infrastructure legislation and sees the plants as important to its goal of decarbonizing the power grid by 2035. Exelon has said the federal incentives alone could not come fast enough to save the plants. The company did not immediately respond to a request for comment about the Illinois legislation. (Reporting by Timothy Gardner; editing by Grant McCool) ((timothy.gardner@thomsonreuters.com; +1 202 898-8360 (Twitter @timogard); Reuters Messaging: timothy.gardner.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-09-08,33.9844,34.7358,33.8486,34.5608,
EXC,2021-09-09,34.4104,34.7387,34.3,34.472,"[""Illinois legislature edges closer to saving two nuclear power plants By Timothy Gardner Sept 9 (Reuters) - The Illinois House late on Thursday passed an energy bill with nearly $700 million in incentives for two Exelon Corp nuclear power plants, taking the legislature one step closer to saving the plants the company has threatened to close starting on Monday. \""What the House has accomplished tonight is monumental and life changing for the future generations of Illinois,\"" said House Speaker Emanuel \""Chris\"" Welch, a Democrat. \""Illinois is on the path to a greener future that prioritizes a reduction in carbon emissions, saves jobs, diversifies the energy sector and tackles necessary ethics reform.\"" While nuclear power plants create toxic waste for which there is still no permanent repository in the United States, they are also praised by some environmentalists and politicians because they generate large amounts of power virtually emissions-free. They also tend to provide some of the energy industry's highest paying jobs. Senate President Don Harmon, a Democrat, said the Senate is scheduled to return on Monday to \""advance this vital proposal to the governor's desk so it can become law.\"" The United States has 93 nuclear reactors, more than any other country, but that's down from 104 in 2012 as aging plants struggle to compete with power generated by solar and wind farms and plants that burn natural gas. Gina McCarthy, President Joe Biden's climate adviser, has said maintaining some of the existing nuclear plants is \""absolutely essential\"" to hit U.S. goals to decarbonize the electric grid by 2035 and the administration has supported federal incentives for the nuclear industry. As the Illinois bill languished for more than two years, Exelon EXC.O had said it would close its Byron nuclear plant on Sept. 13 and Dresden in November if a state or federal program did not come to the rescue. The bill had been held up on disagreements between labor and environmental groups on when to close coal and natural gas plants. Exelon did not immediately respond to a request for comment on the House vote. An amendment that emerged this week helped seal the passage in the House. Under the measure, coal plants including Prairie State, the state's largest carbon emitter, are required to cut current emissions 45% by 2035 and to be 100% carbon free, or close, by Dec. 31, 2045. The plants can use any technology, including the burning of hydrogen produced by renewable power, to meet those levels. The bill contains nearly $700 million in carbon mitigation credits over five years for three Exelon nuclear plants, including the Braidwood facility, which the company has said is at risk but has not scheduled a date to close. \""I look forward to (the bill's) swift passage in the Senate, and signing it into law as soon as possible, because our planet and the people of Illinois ought not wait any longer,\"" said Illinois Governor J.B. Pritzker, a Democrat. (Reporting by Timothy Gardner; additional reporting by Karen Pierog; Editing by Nick Zieminski and Lincoln Feast.) ((timothy.gardner@thomsonreuters.com; +1 202 898-8360 (Twitter @timogard); Reuters Messaging: timothy.gardner.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Illinois legislature edges toward saving two nuclear power plants WASHINGTON, Sept 9 (Reuters) - The Illinois legislature on Thursday edged closer to approving a deal that would save two Exelon Corp nuclear power plants from closing beginning on Monday after the House speaker announced his support for a deal added to a state energy bill. House Speaker Emanuel \""Chris\"" Welch, a Democrat, said the amendment \""prioritizes our climate, equitable job preservation and creation and ethics reform.\"" The amendment, which was also supported by environmental and labor groups, requires coal plants including Prairie State, the state's largest carbon emitter, to cut current emissions 45% by 2035 and to be 100% carbon free, or close, by Dec. 31, 2045. The plants can use any technology including the burning of hydrogen produced by renewable power to meet those levels. Exelon EXC.O has said it will close its Byron nuclear plant on Sept. 13 and Dresden in November if a state or federal program does not come to the rescue. U.S. nuclear plants have been struggling to compete with wind and solar farms and plants that burn low-cost natural gas. The amendment was added to wider energy legislation containing nearly $700 million in carbon mitigation credits over five years for three Exelon nuclear plants, including the Braidwood facility, which the company has said is at risk but has not scheduled a date to close. Welch said in statement he hopes to see the \""same broad bipartisan support in the House for this historic piece of legislation\"" that the amendment generated among advocacy groups. It was uncertain if the House and Senate, which both have Democratic majorities, would approve the wider legislation. Illinois Governor J.B. Pritzker, a Democrat, has said he would sign the legislation if it reaches his desk. Preventing nuclear plants from closing has been a priority for the administration of President Joe Biden which sees many of the plants as important to its goal of decarbonizing the power grid by 2035. (Reporting by Timothy Gardner; Editing by Nick Zieminski) ((timothy.gardner@thomsonreuters.com; +1 202 898-8360 (Twitter @timogard); Reuters Messaging: timothy.gardner.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-09-10,34.5678,34.6849,34.2248,34.2522,
EXC,2021-09-13,34.6028,34.9898,34.4543,34.6986,"[""Illinois approves $700 million in subsidies to Exelon, prevents nuclear plant closures By Timothy Gardner Sept 13 (Reuters) - The Illinois Senate on Monday saved two Exelon Corp nuclear power plants from closure by passing a bill that will provide $700 million in subsidies to the company over five years for generating virtually carbon-free power. Exelon EXC.O had threatened to close its Byron nuclear plant on Monday and Dresden nuclear plant in November because of rising costs and competition from power plants that burn low-cost natural gas. The Senate passed the bill 37-17. The house approved the measure last week after a compromise deal on coal plant closures favored by both environmentalists and labor groups. Exelon said it was preparing to refuel its 40-year-old Byron and Dresden plants after the Senate vote. \""The threat to our planet is real,\"" said Senate President Don Harmon, a Democrat. \""Our goal all along was to enact reliable, renewable and affordable energy policies that position Illinois to lead the nation in combating climate change and growing a green energy economy.\"" While nuclear power plants create toxic waste for which there is no permanent U.S. repository, some environmentalists and politicians praise nuclear energy as climate friendly because it generates virtually carbon-free power. Nuclear plants also tend to pay some of the energy industry's highest wages. The coal plant deal requires private coal-fired plants to shut by 2030. Municipal coal plants must cut carbon emissions 45% by 2035 and achieve zero emissions or close by 2045. Some lawmakers including Senator Chapin Rose, a Republican, said the closure of coal plants would simply lead to more imports of coal-fired electricity from Indiana and Kentucky. Gina McCarthy, President Joe Biden's climate adviser, has said existing nuclear plants are \""absolutely essential\"" to hit U.S. goals to decarbonize the electric grid by 2035. The administration has supported federal incentives for the industry. The United States has 93 nuclear reactors, down from 104 in 2012. (Reporting by Timothy Gardner; Editing by Dan Grebler and Cynthia Osterman) ((timothy.gardner@thomsonreuters.com; +1 202 898-8360 (Twitter @timogard); Reuters Messaging: timothy.gardner.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Illinois Senate approves bill designed to keep three nuclear power plants running WASHINGTON, Sept 13 (Reuters) - The Illinois Senate approved a wide-ranging energy bill on Monday that is designed to keep three Exelon Corp EXC.O nuclear power plants operating. The bill, which Illinois Governor J.B. Pritzker has said he will sign, also sets limits on how long coal plants can continue operating in the state. (Reporting by Timothy Gardner; Editing by Leslie Adler) ((timothy.gardner@thomsonreuters.com; +1 202 898-8360 (Twitter @timogard); Reuters Messaging: timothy.gardner.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Illinois Senate close to providing lifeline to 3 nuclear power plants By Timothy Gardner WASHINGTON, Sept 13 (Reuters) - The Illinois Senate is expected to vote on a wide-ranging energy bill on Monday that contains incentives to prevent Exelon Corp from shutting three nuclear power plants just hours before the company threatened to close the first one. The bill contains nearly $700 million over five years in carbon mitigation credits for the three plants, which were built more than 40 years ago. Exelon EXC.O had said it would close its Byron plant on Monday, the Dresden plant in November, and that its Braidwood plant was also at risk. \""We don't anticipate any problems\"" passing the legislation, said John Patterson, a spokesperson for Senate President Don Harmon, a Democrat. \""President Harmon will be voting 'Yes.'\"" While nuclear power plants create toxic waste for which there is no permanent U.S. repository, they are also praised by some environmentalists and politicians for generating electricity virtually emissions-free. The bill passed last week in the House after a compromise deal on coal plant closures approved by both environmentalists and labor groups. It requires the closure of private coal-fired plants by 2030. Municipal coal plants are required to cut carbon emissions 45% by 2035 and reduce emissions to zero or close by 2045. The bill requires 36 votes in the Senate to make it to the desk of Governor J.B. Pritzker, a Democrat who has said he looks forward to signing it as soon as possible. A previous and similar version of the bill recently got 39 votes in the Senate. The United States leads the world with 93 nuclear reactors, but that is down from 104 in 2012 as aging plants struggle to compete with renewable power and natural gas plants. Gina McCarthy, President Joe Biden's climate adviser, has said maintaining some of the existing nuclear plants is \""absolutely essential\"" to hit U.S. goals to decarbonize the electric grid by 2035, and the administration has supported federal incentives for the industry. (Reporting by Timothy Gardner; Editing by Dan Grebler) ((timothy.gardner@thomsonreuters.com; +1 202 898-8360 (Twitter @timogard); Reuters Messaging: timothy.gardner.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-09-14,34.9858,34.9858,34.4583,34.5745,"58%of this Exelon Corporation (NASDAQ:EXC) insider's holdings were sold in the last year Looking at Exelon Corporation's (NASDAQ:EXC ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased. Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares. Exelon Insider Transactions Over The Last Year In the last twelve months, the biggest single sale by an insider was when the insider, Carim Khouzami, sold US$525k worth of shares at a price of US$42.88 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of US$50.56. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. This single sale was 58% of Carim Khouzami's stake. Carim Khouzami was the only individual insider to sell over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below! NasdaqGS:EXC Insider Trading Volume September 14th 2021 If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them). Insider Ownership Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Exelon insiders own about US$104m worth of shares (which is 0.2% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders. So What Do The Exelon Insider Transactions Indicate? The fact that there have been no Exelon insider transactions recently certainly doesn't bother us. It's great to see high levels of insider ownership, but looking back over the last year, we don't gain confidence from the Exelon insiders selling. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 4 warning signs for Exelon you should be aware of, and 1 of them is concerning. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-09-15,34.5745,34.9594,34.346,34.897,
EXC,2021-09-16,34.7807,34.8159,34.4026,34.4378,
EXC,2021-09-17,34.4515,34.8423,34.0059,34.2179,"First Week of EXC November 19th Options Trading Investors in Exelon Corp (Symbol: EXC) saw new options begin trading this week, for the November 19th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the EXC options chain for the new November 19th contracts and identified one put and one call contract of particular interest. The put contract at the $45.00 strike price has a current bid of 45 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $45.00, but will also collect the premium, putting the cost basis of the shares at $44.55 (before broker commissions). To an investor already interested in purchasing shares of EXC, that could represent an attractive alternative to paying $50.08/share today. Because the $45.00 strike represents an approximate 10% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 89%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 1.00% return on the cash commitment, or 5.79% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $45.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $55.00 strike price has a current bid of 25 cents. If an investor was to purchase shares of EXC stock at the current price level of $50.08/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $55.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 10.32% if the stock gets called away at the November 19th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if EXC shares really soar, which is why looking at the trailing twelve month trading history for Exelon Corp, as well as studying the business fundamentals becomes important. Below is a chart showing EXC's trailing twelve month trading history, with the $55.00 strike highlighted in red: Considering the fact that the $55.00 strike represents an approximate 10% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 87%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 0.50% boost of extra return to the investor, or 2.89% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 28%, while the implied volatility in the call contract example is 21%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $50.08) to be 20%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-09-20,34.1495,34.4583,33.6561,34.1154,
EXC,2021-09-21,34.1154,34.1838,33.621,33.6414,
EXC,2021-09-22,33.8339,34.0909,33.5526,33.8887,
EXC,2021-09-23,33.8887,34.4964,33.7451,34.0734,
EXC,2021-09-24,33.9229,34.2112,33.6894,33.7929,
EXC,2021-09-27,33.8339,34.1759,33.5037,33.5526,
EXC,2021-09-28,33.3465,33.5389,33.0308,33.0787,
EXC,2021-09-29,33.1198,33.576,32.9957,33.3739,
EXC,2021-09-30,33.3806,33.5389,32.9693,33.1745,
EXC,2021-10-01,33.2291,33.4226,32.7504,32.7973,"[""Friday Sector Laggards: Healthcare, Utilities Looking at the sectors faring worst as of midday Friday, shares of Healthcare companies are underperforming other sectors, higher by 0.2%. Within that group, Moderna Inc (Symbol: MRNA) and Regeneron Pharmaceuticals, Inc. (Symbol: REGN) are two of the day's laggards, showing a loss of 11.9% and 5.6%, respectively. Among healthcare ETFs, one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is flat on the day on the day, and up 13.01% year-to-date. Moderna Inc, meanwhile, is up 224.65% year-to-date, and Regeneron Pharmaceuticals, Inc. is up 18.25% year-to-date. Combined, MRNA and REGN make up approximately 3.7% of the underlying holdings of XLV. The next worst performing sector is the Utilities sector, higher by 0.6%. Among large Utilities stocks, Consolidated Edison Inc (Symbol: ED) and Exelon Corp (Symbol: EXC) are the most notable, showing a loss of 0.5% and 0.1%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is up 0.6% in midday trading, and up 4.01% on a year-to-date basis. Consolidated Edison Inc, meanwhile, is up 3.18% year-to-date, and Exelon Corp is up 17.05% year-to-date. Combined, ED and EXC make up approximately 8.1% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, nine sectors are up on the day, while none of the sectors are down. SECTOR % CHANGE Energy +3.1% Materials +1.9% Services +1.8% Financial +1.8% Industrial +1.7% Consumer Products +1.1% Technology & Communications +1.0% Utilities +0.6% Healthcare +0.2% 10 ETFs With Stocks That Insiders Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon: Christopher Crane To Continue As CEO Of Regulated Utility Business (RTTNews) - Exelon Corp. (EXC) announced the senior leadership for Utility and Competitive Energy Businesses. The company said the separation remains on track to close in the first quarter of 2022. Christopher Crane, Exelon president and CEO, will continue as CEO of the regulated utility business, which will be called Exelon. Joseph Nigro, Exelon CFO, will continue as CFO of Exelon. Joseph Dominguez, currently CEO of ComEd, has been named CEO of Exelon Generation and incoming CEO of the competitive energy business, which will be called Constellation. Daniel Eggers, currently senior vice president of corporate finance for Exelon, has been named CFO of Exelon Generation and incoming CFO of Constellation. The company said Calvin Butler, CEO of Exelon Utilities, will assume the role of interim CEO of ComEd, in addition to his current duties. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-10-04,32.7504,33.2468,32.6458,33.1812,
EXC,2021-10-05,33.2917,33.5496,32.9175,33.1745,
EXC,2021-10-06,33.0024,33.7168,32.7836,33.7031,
EXC,2021-10-07,33.7715,33.8545,33.3396,33.4294,
EXC,2021-10-08,33.4294,33.5604,33.1265,33.1812,
EXC,2021-10-11,33.2224,33.2224,32.598,32.6458,"7 Best High-Yield Utilities Stocks to Buy to Help Pay Your Bills InvestorPlace - Stock Market News, Stock Advice & Trading Tips Utilities stocks typically offer juicy dividends that appeal to income investors, especially when markets get choppy. Companies in the utilities sector generate and distribute electricity, natural gas, water and wastewater services. No two economists or analysts on Wall Street fully agree on what might be next for share prices in this year’s fourth quarter or 2022. Therefore, it’s important to diversify a portfolio with picks like utilities stocks, which can weather potentially increased volatility. So far in 2021, the S&P 500 index has returned around 17.2% while the S&P 500 Utilities Sector index underperformed the market. Increased inflation and concerns over higher interest rates have put additional pressure on many utilities. Meanwhile, as investors pay more attention to sustainability issues, the demand for green growth has been increasing steeply. Thus, the sector is under the influence of strong trends for clean energy, renewable resources and decarbonization. Utilities companies that can transform their operations along these lines are likely to see higher growth rates in the long run. The 7 Best Consumer Discretionary Stocks To Buy for Q4 2021 So, with that information, here are seven robust utilities stocks for investors seeking high yields and diversification: Allete (NYSE:ALE) Exelon (NASDAQ:EXC) iShares Global Utilities ETF (NYSEARCA:JXI) Northwest Natural Holding (NYSE:NWN) Pinnacle West Capital (NYSE:PNW) South Jersey Industries (NYSE:SJI) Spire (NYSE:SR) Utilities Stocks: Allete (ALE) Source: Shutterstock 52-Week Range: $50.75 – $73.10 Dividend Yield: 4.2% Duluth, Minnesota-based Allete operates several utilities services, including Minnesota Power as well as Superior Water, Light and Power of Wisconsin. It also owns Allete Clean Energy and BNI Energy, and it has an ownership stake in American Transmission Company. Allete reported Q2 financials in early August. Operating revenue came in at $335.6 million, up 38% year-over-year (YOY). Net income of $27.9 million translated into earnings per share (EPS) of 53 cents compared to $20.1 million and 39 cents in the prior-year quarter. Cash and equivalents ended the quarter at $62.5 million. On the results, CEO Bethany Owen remarked, “…we anticipate continued strength through the remainder of the year, as evidenced by the positive steel industry outlook. Our other businesses generally performed within expectations for the quarter.” Management pointed out that 2021 would be a transitional period for the company. They expect it to see a higher growth rate in 2022 and beyond. The EPS for this year is expected in the range of $3 to $3.30. After seeing a record high of $73.10 after the release of Q2 metrics, ALE shares have lost steam and now trade around $59. Year-to-date (YTD) the stock is down 5.1%. The company’s trailing price-to-sales (P/S) and price-to-book (P/B) ratios stand at 2.41x and 1.34x, respectively. Given its recent decline and high dividend yield, ALE stock could be gaining traction in Q4. Exelon (EXC) Source: zhao jiankang / Shutterstock.com 52-Week Range: $38.35 – $50.99 Dividend Yield: 3.16% Chicago, Illinois-based Exelon is a Fortune 100 utilities group and one of the largest operators in electricity and natural gas in the U.S. and Canada. It is involved in every stage of the energy business, including power generation, sales, transmission and delivery. According to Q2 financials released Aug. 3, revenue came in at $7.92 billion, up 8% YOY. Non-GAAP operating earnings of $869 million showed an increase of 62% compared to the prior-year quarter. Adjusted earnings increased to 89 cents per share from the previous year’s 55 cents per share. Cash and equivalents at the quarter end totaled $1.6 billion. CEO Christopher Crane remarked, “Looking ahead, we continue to execute our plan to separate our utility and generation businesses into two financially strong, independent companies, and we remain on track to close in the first quarter of 2022.” In recent days, management announced the separation of its utility business, Exelon, and its competitive energy business, Constellation. Analysts expect this move to bring both companies financial and strategic independence as well as more focus on core strategies. 7 Great Travel Stocks to Buy for Q4 So far in 2021, EXC stock has returned more than 13%. It hit a 52-week high in mid-September and currently hovers around $48. The shares trade at 15.38 times forward earnings and 1.36 times sales. Potential investors could find value at EXC stock’s current levels. Utilities Stocks: iShares Global Utilities ETF (JXI) Source: Shutterstock 52-Week Range: $55.52 – $64.68 Dividend Yield: 2.99% Expense Ratio: 0.43% per year Next on our list is the iShares Global Utilities exchange-traded fund (ETF). It provides exposure to global equities of companies that supply electricity, gas and water. The fund tracks the S&P Global 1200 Utilities (Sector) Capped Index. JXI has 65 holdings, 60.9% of which come from the U.S. The remainder are largely from the U.K., Spain, Italy and France. The top ten names account for 44% of the fund. In terms of portfolio composition, electric utilities make up 59.9% of the fund, multi-utilities are 30.2% and gas utilities are 5.1%. The remaining sectors — water utilities, independent power producers and energy traders — make up less than 5%. Net assets have reached $149.5 million since the fund’s inception in September 2006. Among the leading names in the roster are the electric power and energy infrastructure company Nextera Energy (NYSE:NEE) as well as electric and gas utilities provider Duke Energy (NYSE:DUK). JXI is down about 2% YTD and is flat YOY. The fund’s trailing price-to-earnings (P/E) and P/B ratios stand at 21.67x and 2.05x, respectively. Given the global diversity of holdings and current dividend yield of about 3%, JXI could offer reliable income in uncertain times. Northwest Natural Holding (NWN) Source: Shutterstock 52-Week Range: $41.71 – $56.75 Dividend Yield: 4.1% Portland, Oregon-based Northwest Natural Holding owns NW Natural and NW Natural Water, among other businesses. On Aug. 5, the company reported Q2 metrics. Revenue grew by 10.3% YOY to $148.9 million. Net loss narrowed by $4.4 million and came in at a loss of $700,000, or 2 cents per share, compared to a net loss of $5.1 million, or 17 cents per share, in the prior-year quarter. NW Natural Holdings held cash of $20.1 million as of June 30. On the metrics, CEO David H. Anderson said, “Our mission is to continue providing essential energy and water services to customers safely and reliably, striving to put renewables on our natural gas pipeline, and investing in water and wastewater utilities.” The utility also reaffirmed 2021 earnings guidance in the range of $2.40 to $2.60 per share. 7 Growth Stocks to Buy to Power Your Portfolio for the Rest of the Year NWN stock is currently trading around $47 per share and has returned 1% YTD. The shares trade at 17.89 times consensus forward earnings. Trailing P/S and P/B ratios stand at 1.76x and 1.57x, respectively. A potential decline toward $45 would increase the margin of safety for investors. Utilities Stocks: Pinnacle West Capital (PNW) Source: Shutterstock 52-Week Range: $65.94 – $91.88 Dividend Yield: 4.99% Phoenix, Arizona-based energy holding company Pinnacle West Capital provides retail and wholesale electricity services through its subsidiaries. The company has approximately 6,300 megawatts of generating capacity and more than 6,000 employees working in Arizona and New Mexico. Pinnacle West issued Q2 financial results in early August. Operating revenue was $1 billion, up 7.6% YOY. Consolidated net income of $215.7 million translated into $1.91 per diluted share compared to Q2 2020’s net income of $193.6 million and $1.71 per share. Following the announcement, CEO Jeff Guldner commented, “Combined with robust growth and an economy that is bouncing back from the worst of the COVID-19 pandemic, more customers used more energy this past quarter to cool their businesses and homes than a year ago.” Looking forward, the company expects retail customer growth of 1.5% to 2.5% between 2021 and 2023. In addition to improving its utilities infrastructure, management is focusing on expanding clean and renewable energy facilities. PNW stock currently trades around $67 and is down 16.5% so far this year. The shares exchange hands at 14.14 times forward earnings and 2.23 times trailing sales. The company’s P/B ratio currently stands at 1.43x. South Jersey Industries (SJI) Source: Shutterstock 52-Week Range: $18.77 – $29.24 Dividend Yield: 5.37% Folsom, New Jersey-based South Jersey Industries provides energy services through three main subsidiaries: SJI Utilities, South Jersey Energy Solutions and SJI Midstream. Management reported second-quarter financial results in August. Consolidated revenues soared 20% YOY to $311.8 million. Adjusted income was $1.99 million, or 2 cents per diluted share, compared to a loss of $863,000, or 1 cent per diluted share, a year ago. Cash and equivalents ended Q2 with $87.93 million compared to $18.67 million in the prior-year period. On the metrics, CEO Mike Renna said, “Our utility and non-utility businesses performed very well in the first half of the year and we remain on track to achieve our financial goals for 2021 … We remain committed to delivering safe, reliable, affordable clean energy to our more than 700,000 customers and achieving our sustainability goals through critical and substantial energy infrastructure investments.” Management targets an EPS growth of 5% to 8% and an annual rate base growth of approximately 10% over the long term. SJI stock currently trades around $22.50 and has returned 3.88% YTD. The price also supports a generous dividend yield of nearly 5.4%. 7 Financial Stocks to Buy to Get Ready for the Fed's Next Move SJI stock has a consensus forward P/E ratio of 12.8x, while P/S and P/B ratios stand at 1.34x and 1.33x respectively. Given the modest valuation and growth potential, interested investors should keep the stock on their radar. Utilities Stocks: Spire (SR) Source: OlegRi / Shutterstock 52-Week Range: $53.66 – $77.95 Dividend Yield: 4.08% St Louis, Missouri-based Spire is one of the largest natural gas companies stateside. The utility group serves 1.7 million homes and businesses through its natural gas-related businesses, including Spire Marketing, Spire STL Pipeline and Spire Storage. Management issued Q3 results Aug. 5. Operating revenues were $327.8 million, up 2% YOY. The company posted net economic earnings (NEE) of $6.9 million, or 6 cents per share, compared to $7.3 million, or 7 cents per share in the year-ago period. Cash and equivalents ended the quarter at $23.9 million. CEO Suzanne Sitherwood stated, “…we posted another solid quarter, delivering earnings comparable to a year ago … We remain on track with our comprehensive plans to upgrade utility infrastructure and technology, all in an effort to ensure our customers receive the safe, reliable and affordable natural gas service they deserve.” The company’s annual NEE per share growth target is 5% to 7% over the long-term, driven by investments in pipeline upgrades, technology improvements and new business additions. So far this year, SR stock has declined around 1%. Its consensus forward P/E ratio is 14.39x. The shares trade at 1.49 times trailing sales and 1.33 times book value. Given the company’s solid position and growth strategy, investors could consider buying the dip to hold SR stock for the long term. On the date of publication, Tezcan Gecgil did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Tezcan Gecgil has worked in investment management for over two decades in the U.S. and U.K. In addition to formal higher education in the field, she has also completed all 3 levels of the Chartered Market Technician (CMT) examination. Her passion is for options trading based on technical analysis of fundamentally strong companies. She especially enjoys setting up weekly covered calls for income generation. The post 7 Best High-Yield Utilities Stocks to Buy to Help Pay Your Bills appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-10-12,32.7504,33.2536,32.6391,33.1402,
EXC,2021-10-13,33.2224,33.7098,33.0621,33.6825,
EXC,2021-10-14,33.8125,34.468,33.7098,34.4026,"Poundland owner Pepco sees annual profit at upper end of expectations Adds CEO quotes, details on results, forecast LONDON, Oct 14 (Reuters) - Pepco Group PCOP.WA, the owner of British discount retailer Poundland, forecast full-year core profit at the upper end of market expectations on Thursday, after revenue rose 19.4% helped by its aggressive store openings. It did, however, warn that pressure on global supply chains has increased with reduced raw material availability leading to commodity inflation. The company said that has been further compounded by constrained container capacity which significantly increased shipping costs from the final quarter. ""Through a combination of actions taken in our operating model and our unique Far East direct sourcing operation, PGS, which has strong direct supplier and factory relationships, we have quickly taken operational action to mitigate these impacts,"" said Chief Executive Officer Andy Bond. Bond said Pepco, which also owns the PEPCO and Dealz brands in Europe, planned to invest in its price proposition to maintain its price advantage. ""While the backdrop against which we operate will remain challenging for some time, we remain confident in the significant growth opportunity we have, our plans to achieve them, and meeting future market expectations,"" he added. Net new store openings were 483 in the year to Sept. 30, including the first PEPCO stores in Austria, Serbia and Spain, taking the total to 3,504. The group, which listed on the Warsaw stock market in May with a valuation of 5 billion euros ($5.8 billion), said full-year revenue was 4.1 billion euros, with like-for-like sales up 6.5%. PEPCO's like-for-like sales increased 10.2% in the fourth quarter, while Poundland/Dealz's rose 1.0%. Pepco forecast full-year underlying earnings in a range of 640 million to 655 million euros, representing a 45% growth at the mid-point on the COVID-hit prior year. The group's shares, which were priced at 40 zlotys ($10.1) at the IPO, closed at 48 zlotys on Wednesday. ($1 = 0.8630 euros) ($1 = 3.9447 zlotys) (Reporting by James Davey; Editing by Subhranshu Sahu and Amy Caren Daniel) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-10-15,34.472,34.767,34.1554,34.1838,"Noteworthy Friday Option Activity: AXP, EXC, URI Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in American Express Co. (Symbol: AXP), where a total of 18,786 contracts have traded so far, representing approximately 1.9 million underlying shares. That amounts to about 51.3% of AXP's average daily trading volume over the past month of 3.7 million shares. Particularly high volume was seen for the $175 strike call option expiring October 15, 2021, with 2,670 contracts trading so far today, representing approximately 267,000 underlying shares of AXP. Below is a chart showing AXP's trailing twelve month trading history, with the $175 strike highlighted in orange: Exelon Corp (Symbol: EXC) options are showing a volume of 27,178 contracts thus far today. That number of contracts represents approximately 2.7 million underlying shares, working out to a sizeable 48.8% of EXC's average daily trading volume over the past month, of 5.6 million shares. Especially high volume was seen for the $50 strike call option expiring October 15, 2021, with 7,672 contracts trading so far today, representing approximately 767,200 underlying shares of EXC. Below is a chart showing EXC's trailing twelve month trading history, with the $50 strike highlighted in orange: And United Rentals Inc (Symbol: URI) options are showing a volume of 2,929 contracts thus far today. That number of contracts represents approximately 292,900 underlying shares, working out to a sizeable 45.9% of URI's average daily trading volume over the past month, of 638,035 shares. Especially high volume was seen for the $250 strike put option expiring March 18, 2022, with 621 contracts trading so far today, representing approximately 62,100 underlying shares of URI. Below is a chart showing URI's trailing twelve month trading history, with the $250 strike highlighted in orange: For the various different available expirations for AXP options, EXC options, or URI options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-10-18,33.9229,34.2796,33.7479,34.2395,
EXC,2021-10-19,34.3889,34.5716,34.2395,34.5335,
EXC,2021-10-20,34.5335,35.1891,34.5003,35.1442,
EXC,2021-10-21,34.9184,35.1793,34.8628,35.0485,
EXC,2021-10-22,35.1646,35.3503,35.0621,35.2125,
EXC,2021-10-25,35.151,35.5692,35.0621,35.406,
EXC,2021-10-26,35.5429,35.8935,35.4265,35.7002,"Bank of America a Technology Company, Says CEO At the Yahoo Finance’s All Markets Summit on Monday, Bank of American CEO Brian Moynihan said that he views the business not just as a banking entity, but also a financial technology company that is working to stay on the forward edge of innovation, reported Yahoo Finance. With the growth of digital banking, digital payments have become a core part of the bank’s business and make up a large portion of their total transactions; through October, there have been $2.8 trillion in transactions, and roughly half of those have been done digitally. In the earnings statements released last week for the third quarter, Bank of America reported 40.9 million active digital banking users, a full 32 million of which were accessing services from mobile devices. ""We're clearly a technology company,"" Moynihan said at the summit. ""We spend about $3.5 billion a year on new code implementation. New products and services are driven by technology."" Bank of America has beefed up its digital offerings in recent years with the incorporation of Zelle, a peer-to-peer payment network that saw a 48% growth in transactions over last year, and the introduction of Erica, a voice-activated virtual assistant that assists in “hundreds of millions” of transactions each quarter, according to Moynihan. “Over the last few years, we've been able to digitally enable the mortgage transaction end-to-end, and the opening of a checking account end-to-end, and all these things,"" Moynihan said. ""We have Merrill Edge... it's effectively a $300 billion-plus, growing rapidly, company that is in the online trading business, self-directed trading business for customers."" Bank of America is seeing the returns on investments it put into being at the cutting edge of digital innovation; before reinvested dividends, stocks have gone up 80% in the last three years. Putnam Invests in Bank of America Bank of America has positioned itself to continue growth going forward by remaining innovative and transitioning to include digital options in an increasingly digital world. Putnam invests in Bank of America and other value-based companies that exhibit the potential for growth. The Putnam Focused Large Cap Value ETF (PVAL) is an actively managed fund that seeks to invest in U.S. value companies that have the potential for capital growth, current income, or both. PVAL invests primarily in large-cap companies that are similar size to the Russell 1000 Value Index, but it may also invest in mid-cap companies. As the investment manager, Putnam determines if a company is considered a value stock by looking at its valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows, and dividends. The fund is semi-transparent in that it does not publish daily holdings on its website, but instead it publishes a tracking basket that is representative of the daily performance of the fund. PVAL had a 4.94% weighting in Bank of America (BAC), 4.61% in Microsoft (MSFT), and 3.59% in Exelon Corp (EXC) as of the end of September. The fund carries an expense ratio of 0.55% and had 44 holdings as of the end of September. For more news, information, and strategy, visit the Big Ideas Channel. Read more on ETFtrends.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-10-27,35.5975,35.8935,35.364,35.6728,
EXC,2021-10-28,35.6865,36.2355,35.6669,36.2013,
EXC,2021-10-29,36.1456,36.7436,36.0919,36.5032,
EXC,2021-11-01,36.3938,37.0797,36.0851,36.9839,
EXC,2021-11-02,37.0229,37.1833,36.6547,36.8804,"Pre-Market Earnings Report for November 3, 2021 : CVS, HUM, EMR, MAR, EXC, TT, HZNP, CDW, CRL, ETR, BR, BIP The following companies are expected to report earnings prior to market open on 11/03/2021. Visit our Earnings Calendar for a full list of expected earnings releases. CVS Health Corporation (CVS)is reporting for the quarter ending September 30, 2021. The drug store company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.79. This value represents a 7.83% increase compared to the same quarter last year. In the past year CVS has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 16.91%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for CVS is 11.65 vs. an industry ratio of 4.40, implying that they will have a higher earnings growth than their competitors in the same industry. Humana Inc. (HUM)is reporting for the quarter ending September 30, 2021. The hmo company's consensus earnings per share forecast from the 8 analysts that follow the stock is $4.61. This value represents a 49.68% increase compared to the same quarter last year. In the past year HUM has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 0.44%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for HUM is 21.40 vs. an industry ratio of 34.80. Emerson Electric Company (EMR)is reporting for the quarter ending September 30, 2021. The machinery company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.19. This value represents a 8.18% increase compared to the same quarter last year. In the past year EMR has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 11.22%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for EMR is 24.05 vs. an industry ratio of 15.60, implying that they will have a higher earnings growth than their competitors in the same industry. Marriott International (MAR)is reporting for the quarter ending September 30, 2021. The hotel company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.97. This value represents a 1516.67% increase compared to the same quarter last year. In the past year MAR has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 83.72%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for MAR is 56.00 vs. an industry ratio of -4.90, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation (EXC)is reporting for the quarter ending September 30, 2021. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.11. This value represents a 6.73% increase compared to the same quarter last year. EXC missed the consensus earnings per share in the 1st calendar quarter of 2021 by -117.65%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for EXC is 19.53 vs. an industry ratio of 22.40. Trane Technologies plc (TT)is reporting for the quarter ending September 30, 2021. The technology services company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.86. This value represents a 8.14% increase compared to the same quarter last year. In the past year TT has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 1.05%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for TT is 29.87 vs. an industry ratio of -218.20, implying that they will have a higher earnings growth than their competitors in the same industry. Horizon Therapeutics Public Limited Company (HZNP)is reporting for the quarter ending September 30, 2021. The biomedical (gene) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.54. This value represents a 11.49% decrease compared to the same quarter last year. HZNP missed the consensus earnings per share in the 1st calendar quarter of 2021 by -57.14%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for HZNP is 26.70 vs. an industry ratio of -4.70, implying that they will have a higher earnings growth than their competitors in the same industry. CDW Corporation (CDW)is reporting for the quarter ending September 30, 2021. The information technology services company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.96. This value represents a 10.11% increase compared to the same quarter last year. In the past year CDW has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 13.61%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for CDW is 25.49 vs. an industry ratio of 35.80. Charles River Laboratories International, Inc. (CRL)is reporting for the quarter ending September 30, 2021. The medical services company's consensus earnings per share forecast from the 6 analysts that follow the stock is $2.57. This value represents a 10.30% increase compared to the same quarter last year. In the past year CRL has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 9.21%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for CRL is 42.91 vs. an industry ratio of 16.30, implying that they will have a higher earnings growth than their competitors in the same industry. Entergy Corporation (ETR)is reporting for the quarter ending September 30, 2021. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $2.50. This value represents a 2.46% increase compared to the same quarter last year. ETR missed the consensus earnings per share in the 2nd calendar quarter of 2021 by -4.96%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for ETR is 17.39 vs. an industry ratio of 22.40. Broadridge Financial Solutions, Inc. (BR)is reporting for the quarter ending September 30, 2021. The outsourcing company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.02. This value represents a 4.08% increase compared to the same quarter last year. In the past year BR has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2022 Price to Earnings ratio for BR is 27.82 vs. an industry ratio of 86.40. Brookfield Infrastructure Partners LP (BIP)is reporting for the quarter ending September 30, 2021. The electric power utilities company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.88. This value represents a 833.33% increase compared to the same quarter last year. BIP missed the consensus earnings per share in the 4th calendar quarter of 2020 by -1.15%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for BIP is 16.34 vs. an industry ratio of 22.40. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-11-03,37.0866,37.5389,36.682,37.0933,"[""Exelon Corp Q3 adjusted earnings Inline With Estimates (RTTNews) - Exelon Corp (EXC) reported a profit for its third quarter that increased from the same period last year. The company's bottom line came in at $1.20 billion, or $1.23 per share. This compares with $0.50 billion, or $0.51 per share, in last year's third quarter. Excluding items, Exelon Corp reported adjusted earnings of $1.07 billion or $1.09 per share for the period. Analysts had expected the company to earn $1.09 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company's revenue for the quarter rose 0.7% to $8.91 billion from $8.85 billion last year. Exelon Corp earnings at a glance: -Earnings (Q3): $1.07 Bln. vs. $1.02 Bln. last year. -EPS (Q3): $1.09 vs. $1.04 last year. -Analysts Estimate: $1.09 -Revenue (Q3): $8.91 Bln vs. $8.85 Bln last year. -Guidance: Full year EPS guidance: $2.70 - $2.90 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Q3 21 Earnings Conference Call At 10:00 AM ET (RTTNews) - Exelon Corp. (EXC) will host a conference call at 10:00 AM ET on November 3, 2021, to discuss Q3 21 earnings results. To access the live webcast, log on to https://investors.exeloncorp.com/events-and-presentations The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-11-04,37.0729,37.1833,36.7124,37.1344,
EXC,2021-11-05,37.1764,37.5056,37.107,37.1559,"Here's Why Exelon (NASDAQ:EXC) Is Weighed Down By Its Debt Load David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much debt can sink a company. We note that Exelon Corporation (NASDAQ:EXC) does have debt on its balance sheet. But the more important question is: how much risk is that debt creating? When Is Debt Dangerous? Debt is a tool to help businesses grow, but if a business is incapable of paying off its lenders, then it exists at their mercy. In the worst case scenario, a company can go bankrupt if it cannot pay its creditors. However, a more frequent (but still costly) occurrence is where a company must issue shares at bargain-basement prices, permanently diluting shareholders, just to shore up its balance sheet. Of course, the upside of debt is that it often represents cheap capital, especially when it replaces dilution in a company with the ability to reinvest at high rates of return. The first step when considering a company's debt levels is to consider its cash and debt together. What Is Exelon's Debt? As you can see below, Exelon had US$41.0b of debt, at June 2021, which is about the same as the year before. You can click the chart for greater detail. However, it also had US$1.58b in cash, and so its net debt is US$39.4b. NasdaqGS:EXC Debt to Equity History November 5th 2021 How Strong Is Exelon's Balance Sheet? According to the last reported balance sheet, Exelon had liabilities of US$13.9b due within 12 months, and liabilities of US$81.0b due beyond 12 months. Offsetting this, it had US$1.58b in cash and US$5.01b in receivables that were due within 12 months. So its liabilities total US$88.3b more than the combination of its cash and short-term receivables. The deficiency here weighs heavily on the US$52.9b company itself, as if a child were struggling under the weight of an enormous back-pack full of books, his sports gear, and a trumpet. So we'd watch its balance sheet closely, without a doubt. After all, Exelon would likely require a major re-capitalisation if it had to pay its creditors today. We use two main ratios to inform us about debt levels relative to earnings. The first is net debt divided by earnings before interest, tax, depreciation, and amortization (EBITDA), while the second is how many times its earnings before interest and tax (EBIT) covers its interest expense (or its interest cover, for short). Thus we consider debt relative to earnings both with and without depreciation and amortization expenses. Exelon has a debt to EBITDA ratio of 4.3 and its EBIT covered its interest expense 2.6 times. This suggests that while the debt levels are significant, we'd stop short of calling them problematic. Given the debt load, it's hardly ideal that Exelon's EBIT was pretty flat over the last twelve months. The balance sheet is clearly the area to focus on when you are analysing debt. But it is future earnings, more than anything, that will determine Exelon's ability to maintain a healthy balance sheet going forward. So if you're focused on the future you can check out this free report showing analyst profit forecasts. Finally, a business needs free cash flow to pay off debt; accounting profits just don't cut it. So we always check how much of that EBIT is translated into free cash flow. Over the last three years, Exelon saw substantial negative free cash flow, in total. While investors are no doubt expecting a reversal of that situation in due course, it clearly does mean its use of debt is more risky. Our View On the face of it, Exelon's conversion of EBIT to free cash flow left us tentative about the stock, and its level of total liabilities was no more enticing than the one empty restaurant on the busiest night of the year. Having said that, its ability to grow its EBIT isn't such a worry. We should also note that Electric Utilities industry companies like Exelon commonly do use debt without problems. Taking into account all the aforementioned factors, it looks like Exelon has too much debt. That sort of riskiness is ok for some, but it certainly doesn't float our boat. The balance sheet is clearly the area to focus on when you are analysing debt. However, not all investment risk resides within the balance sheet - far from it. Be aware that Exelon is showing 4 warning signs in our investment analysis , and 1 of those is concerning... When all is said and done, sometimes its easier to focus on companies that don't even need debt. Readers can access a list of growth stocks with zero net debt 100% free, right now. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-11-08,37.1344,37.2233,36.1154,36.4554,
EXC,2021-11-09,36.5442,37.2028,36.4554,37.1207,"Tuesday Sector Leaders: Utilities, Materials Looking at the sectors faring best as of midday Tuesday, shares of Utilities companies are outperforming other sectors, up 0.4%. Within the sector, Exelon Corp (Symbol: EXC) and Eversource Energy (Symbol: ES) are two large stocks leading the way, showing a gain of 1.5% and 1.1%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.5% on the day, and up 8.49% year-to-date. Exelon Corp, meanwhile, is up 30.42% year-to-date, and Eversource Energy, is down 1.38% year-to-date. Combined, EXC and ES make up approximately 7.8% of the underlying holdings of XLU. The next best performing sector is the Materials sector, not showing much of a loss. Among large Materials stocks, International Flavors & Fragrances Inc. (Symbol: IFF) and FMC Corp. (Symbol: FMC) are the most notable, showing a gain of 4.2% and 2.6%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF (XLB), which is up 0.1% in midday trading, and up 24.34% on a year-to-date basis. International Flavors & Fragrances Inc., meanwhile, is up 43.34% year-to-date, and FMC Corp., is down 4.99% year-to-date. Combined, IFF and FMC make up approximately 4.3% of the underlying holdings of XLB. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday. As you can see, one sector is up on the day, while seven sectors are down. SECTOR % CHANGE Utilities +0.4% Materials -0.0% Consumer Products -0.1% Services -0.1% Healthcare -0.3% Industrial -0.3% Technology & Communications -0.4% Financial -0.6% Energy -0.7% 10 ETFs With Stocks That Insiders Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-11-10,37.0866,37.4089,36.9078,37.3678,"Ex-Dividend Reminder: Southern, ONE Gas and Exelon Looking at the universe of stocks we cover at Dividend Channel, on 11/12/21, Southern Company (Symbol: SO), ONE Gas, Inc. (Symbol: OGS), and Exelon Corp (Symbol: EXC) will all trade ex-dividend for their respective upcoming dividends. Southern Company will pay its quarterly dividend of $0.66 on 12/6/21, ONE Gas, Inc. will pay its quarterly dividend of $0.58 on 12/1/21, and Exelon Corp will pay its quarterly dividend of $0.3825 on 12/10/21. As a percentage of SO's recent stock price of $63.53, this dividend works out to approximately 1.04%, so look for shares of Southern Company to trade 1.04% lower — all else being equal — when SO shares open for trading on 11/12/21. Similarly, investors should look for OGS to open 0.84% lower in price and for EXC to open 0.70% lower, all else being equal. Below are dividend history charts for SO, OGS, and EXC, showing historical dividends prior to the most recent ones declared. Southern Company (Symbol: SO): ONE Gas, Inc. (Symbol: OGS): Exelon Corp (Symbol: EXC): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 4.16% for Southern Company, 3.37% for ONE Gas, Inc., and 2.82% for Exelon Corp. In Wednesday trading, Southern Company shares are currently up about 0.3%, ONE Gas, Inc. shares are up about 0.5%, and Exelon Corp shares are up about 0.3% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-11-11,37.3268,37.5672,37.067,37.5389,"Exelon Corporation (EXC) Ex-Dividend Date Scheduled for November 12, 2021 Exelon Corporation (EXC) will begin trading ex-dividend on November 12, 2021. A cash dividend payment of $0.382 per share is scheduled to be paid on December 10, 2021. Shareholders who purchased EXC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that EXC has paid the same dividend. At the current stock price of $54.45, the dividend yield is 2.81%. The previous trading day's last sale of EXC was $54.45, representing a -0.46% decrease from the 52 week high of $54.70 and a 41.96% increase over the 52 week low of $38.36. EXC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation (DUK) and Southern Company (SO). EXC's current earnings per share, an indicator of a company's profitability, is $1.71. Zacks Investment Research reports EXC's forecasted earnings growth in 2021 as -12.27%, compared to an industry average of 1.2%. For more information on the declaration, record and payment dates, visit the exc Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EXC through an Exchange Traded Fund [ETF]? The following ETF(s) have EXC as a top-10 holding: Virtus Reaves Utilities ETF (UTES) VanEck Uranium Nuclear Energy ETF (NLR) SPDR Select Sector Fund - Utilities (XLU) iShares U.S. Utilities ETF (IDU) Vanguard Utilities ETF (VPU). The top-performing ETF of this group is UTES with an increase of 6.75% over the last 100 days. It also has the highest percent weighting of EXC at 7.33%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-11-12,37.5272,37.8486,37.4372,37.5965,"Notable Friday Option Activity: EXC, LYV, WDC Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Exelon Corp (Symbol: EXC), where a total of 71,012 contracts have traded so far, representing approximately 7.1 million underlying shares. That amounts to about 152.2% of EXC's average daily trading volume over the past month of 4.7 million shares. Especially high volume was seen for the $43 strike call option expiring January 21, 2022, with 56,617 contracts trading so far today, representing approximately 5.7 million underlying shares of EXC. Below is a chart showing EXC's trailing twelve month trading history, with the $43 strike highlighted in orange: Live Nation Entertainment Inc (Symbol: LYV) saw options trading volume of 27,124 contracts, representing approximately 2.7 million underlying shares or approximately 120.5% of LYV's average daily trading volume over the past month, of 2.3 million shares. Especially high volume was seen for the $115 strike call option expiring April 14, 2022, with 10,199 contracts trading so far today, representing approximately 1.0 million underlying shares of LYV. Below is a chart showing LYV's trailing twelve month trading history, with the $115 strike highlighted in orange: And Western Digital Corp (Symbol: WDC) saw options trading volume of 46,992 contracts, representing approximately 4.7 million underlying shares or approximately 118.5% of WDC's average daily trading volume over the past month, of 4.0 million shares. Particularly high volume was seen for the $62.50 strike call option expiring December 17, 2021, with 2,584 contracts trading so far today, representing approximately 258,400 underlying shares of WDC. Below is a chart showing WDC's trailing twelve month trading history, with the $62.50 strike highlighted in orange: For the various different available expirations for EXC options, LYV options, or WDC options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-11-15,37.6307,37.8662,37.3405,37.8525,
EXC,2021-11-16,37.8662,37.9141,37.4471,37.493,
EXC,2021-11-17,37.4168,37.5135,36.8569,37.0299,
EXC,2021-11-18,36.94,37.2301,36.7602,37.0015,
EXC,2021-11-19,37.0162,37.1823,36.7808,37.0503,
EXC,2021-11-22,37.0503,37.7314,37.0015,37.2927,
EXC,2021-11-23,37.1676,37.6581,37.1676,37.5819,
EXC,2021-11-24,37.5545,37.7724,37.3191,37.6718,
EXC,2021-11-26,37.5272,37.5408,36.8364,36.9263,
EXC,2021-11-29,37.1402,37.5614,36.9263,37.4372,
EXC,2021-11-30,37.2233,37.2643,36.1446,36.4427,
EXC,2021-12-01,36.8013,37.1402,36.0968,36.1379,"[""How The Pieces Add Up: XLU Headed For $72 Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the The Utilities Select Sector SPDR\u2014 Fund ETF (Symbol: XLU), we found that the implied analyst target price for the ETF based upon its underlying holdings is $72.47 per unit. With XLU trading at a recent price near $65.77 per unit, that means that analysts see 10.19% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of XLU's underlying holdings with notable upside to their analyst target prices are CMS Energy Corp (Symbol: CMS), Exelon Corp (Symbol: EXC), and FirstEnergy Corp (Symbol: FE). Although CMS has traded at a recent price of $58.85/share, the average analyst target is 12.88% higher at $66.43/share. Similarly, EXC has 12.16% upside from the recent share price of $52.73 if the average analyst target price of $59.14/share is reached, and analysts on average are expecting FE to reach a target price of $41.75/share, which is 10.86% above the recent price of $37.66. Below is a twelve month price history chart comparing the stock performance of CMS, EXC, and FE: Combined, CMS, EXC, and FE represent 9.44% of the The Utilities Select Sector SPDR\u2014 Fund ETF. Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET The Utilities Select Sector SPDR\u2014 Fund ETF XLU $65.77 $72.47 10.19% CMS Energy Corp CMS $58.85 $66.43 12.88% Exelon Corp EXC $52.73 $59.14 12.16% FirstEnergy Corp FE $37.66 $41.75 10.86% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (NASDAQ:EXC) Hasn't Managed To Accelerate Its Returns If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. In light of that, when we looked at Exelon (NASDAQ:EXC) and its ROCE trend, we weren't exactly thrilled. Understanding Return On Capital Employed (ROCE) For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on Exelon is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) \u00f7 (Total Assets - Current Liabilities) 0.044 = US$5.2b \u00f7 (US$133b - US$16b) (Based on the trailing twelve months to September 2021). So, Exelon has an ROCE of 4.4%. On its own that's a low return on capital but it's in line with the industry's average returns of 4.5%. NasdaqGS:EXC Return on Capital Employed December 1st 2021 In the above chart we have measured Exelon's prior ROCE against its prior performance, but the future is arguably more important. If you'd like, you can check out the forecasts from the analysts covering Exelon here for free. So How Is Exelon's ROCE Trending? Over the past five years, Exelon's ROCE and capital employed have both remained mostly flat. Businesses with these traits tend to be mature and steady operations because they're past the growth phase. So unless we see a substantial change at Exelon in terms of ROCE and additional investments being made, we wouldn't hold our breath on it being a multi-bagger. This probably explains why Exelon is paying out 46% of its income to shareholders in the form of dividends. Given the business isn't reinvesting in itself, it makes sense to distribute a portion of earnings among shareholders. The Bottom Line In a nutshell, Exelon has been trudging along with the same returns from the same amount of capital over the last five years. Since the stock has gained an impressive 89% over the last five years, investors must think there's better things to come. However, unless these underlying trends turn more positive, we wouldn't get our hopes up too high. If you want to know some of the risks facing Exelon we've found 4 warning signs (1 makes us a bit uncomfortable!) that you should be aware of before investing here. While Exelon isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-12-02,36.3938,36.9809,36.3723,36.5736,
EXC,2021-12-03,36.8569,36.94,35.7519,36.4494,"S&P 500 Analyst Moves: EXC The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Exelon is now the #159 analyst pick, moving up by 1 spot. This rank is formed by averaging the analyst opinions for each component from each broker, and then ranking the 500 components by those average opinion values. Looking at the stock price movement year to date, Exelon is showing a gain of 23.5%. VIDEO: S&P 500 Analyst Moves: EXC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-12-06,36.8159,37.4031,36.6566,36.9946,
EXC,2021-12-07,36.94,37.5135,36.9194,37.2643,
EXC,2021-12-08,37.4579,37.5428,36.684,36.9263,"10 Best Utility Stocks for the Rest of 2022 When investors think of lower-risk investments, utility stocks typically spring to mind for many of us. That's because electricity is a modern necessity right alongside food and water. Consumers will cut back on just about every discretionary category before they stop heating their homes or turning on lights in the evening. It also helps that most utilities are highly regulated by state or federal policymakers. This makes it challenging for competitors to pop up and offer significantly lower rates that would disrupt the state of play. In fact, the U.S. is in many ways a patchwork of regional monopolies that just happen to be publicly traded! SEE MORE 65 Best Dividend Stocks You Can Count On in 2022 And in a volatile environment like Wall Street has seen so far in 2022, utility stocks have been one of the few corners of the market that have shown resilience. Consider that the Utilities Select Sector SPDR Fund (XLU), the largest utility sector-focused exchange-traded fund (ETF) out there with some $15 billion in assets, is flat for the year-to-date in 2022. Pretty impressive when you consider that the S&P 500 is down about 18% since Jan. 1, and the Nasdaq is off almost 27%. What's more, some of the strongest utility stocks out there have tacked on significant gains. As the world continues to deal with uncertainty on multiple fronts, from rising interest rates to record inflation to the terrible conflict in Ukraine, utility stocks are very likely to remain in favor going forward thanks to their defensive nature. That said, here are 10 of the best utility stocks for 2022. If you're looking for low-risk plays that can benefit from an entrenched customer base and wide moats, these companies are worth a look. What's more, they are among the highest-rated utility stocks as we head toward the second half of a turbulent year. SEE MORE The 22 Best Stocks to Buy for 2022 Data is as of May 18. Dividend yields are calculated by annualizing the most recent payout and dividing by the share price. Analyst ratings and estimates are courtesy of S&P Global Market Intelligence. Getty Images Dominion Energy Market value: $67.1 billion Dividend yield: 3.2% Analysts' ratings: 8 Strong Buy, 3 Buy, 6 Hold, 1 Sell, 0 Strong Sell Analysts' consensus recommendation: 2.00 (Buy) Dominion Energy (D, $82.66) is the largest of the utility stocks on this list: A $67 billion company that produces and distributes energy. The company's portfolio of assets includes roughly 30 gigawatts of electricity that serves about 7 million customers. Many investors are drawn to utility stocks because they are highly reliable businesses, with revenue models that provide stability regardless of what is going on in the broader global economic environment. But Dominion isn't just standing still. It's growing, with projections of more than 14% revenue expansion this fiscal year. Furthermore, it has financed a $37 billion capital expenditures plan over the next five years that it believes will support annualized earnings growth of 6.5% through 2026, largely through the development of solar and wind farms. That won't just fuel better performance, but also help its operations evolve in light of climate change and emission reduction trends. Shares of this top utility name, which is also one of the best retirement stocks for 2022, are up about 5% year-to-date. And with the consensus price target about 9% higher than the current valuation, Wall Street seems to believe that there are future gains ahead, too. SEE MORE The 10 Best Stocks for a Bear Market Getty Images Exelon Market value: $46.2 billion Dividend yield: 2.9% Analysts' ratings: 8 Strong Buy, 3 Buy, 6 Hold, 1 Sell, 0 Strong Sell Analysts' consensus recommendation: 2.00 (Buy) Exelon (EXC, $47.13) is one of the top publicly traded utility stocks in the U.S. It owns nuclear, wind, hydroelectric and solar generating facilities along with traditional fossil fuel power plants. EXC is among the nation’s largest providers as measured by connections, serving more than 10 million customers through six fully regulated transmission and distribution utilities. These include Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power & Light, PECO Energy Company and Potomac Electric Power Company. That unmatched scale along with a diversified customer base makes this top utility stock incredibly attractive right now. But EXC isn't pursuing growth at all costs, as evidenced by the spinoff of Constellation (CEG) – another stock on this list – to streamline its operations. In part because of this increased focus, Morgan Stanley recently reiterated its Overweight (Buy) recommendation, and JPMorgan upgraded the stock to Overweight in April. Shares are up more than 14% so far in 2022 thanks to strong support from investors amid a ""risk-off"" environment. This puts EXC in a solid position to enter the latter part of 2022 with strong momentum. SEE MORE 15 Stocks Warren Buffett Is Buying (And 7 He's Selling) Getty Images Entergy Market value: $23.7 billion Dividend yield: 3.4% Analysts' ratings: 9 Strong Buy, 5 Buy, 3 Hold, 1 Sell, 1 Strong Sell Analysts' consensus recommendation: 1.95 (Buy) Entergy (ETR, $116.47) is an electric utility that powers about 3 million customers through gas, oil, nuclear, coal, hydroelectric and generation facilities. ETR serves a wide region across Arkansas, Mississippi, Texas and Louisiana that gives it a diversified mix in both its customer base and in its energy sources for power electricity generation. As a result, ETR can effectively control input costs in an inflationary environment when some commodities could be rising in price faster than others and putting pressure on margins. After all, these power generators can be heavily regulated and don't have the flexibility to quickly ratchet up rates just because energy sources are more expensive. However, a utility like Entergy can shift its mix and thus mitigate some of these inflationary pressures. What's also interesting about ETR stock is its expertise in the decommissioning of nuclear power plants. The push for renewable energy has left behind nuclear facilities in some regions – and shutting down an aging or redundant site is certainly a delicate task. That means ETR can use its homegrown expertise for a hefty profit as it serves other utilities with this unique need. Credit Suisse just initiated coverage on the stock in April with an Outperform rating, saying the company is well-positioned to mitigate red-hot inflation. And with a generous dividend payout that is only around 60% of next year's projected earnings, ETR is likely to continue to deliver regular distributions to shareholders and solid results – making it one of the best utility stocks to own in 2022 and beyond. SEE MORE The 20 Best Canadian Dividend Stocks for U.S. Investors Getty Images Black Hills Market value: $4.9 billion Dividend yield: 3.2% Analysts' ratings: 3 Strong Buy, 2 Buy, 2 Hold, 0 Sell, 0 Strong Sell Analysts' consensus recommendation: 1.86 (Buy) Black Hills (BKH, $74.43) is one of several utility stocks on this list that operates a diversified split between gas and electricity business lines. It generates power for almost 1.1 million customers across Arkansas, Colorado, Iowa, Kansas, Nebraska and Wyoming. BKH also operates a small mining segment that produces thermal coal that it uses at its own plants or sells to other electric generation facilities worldwide. In addition, the company constructs and maintains gas infrastructure facilities for third parties and provides appliance repair services. Both profits and revenue are trending higher at a steady pace. For all of 2022, analysts are expecting earnings per share to be up 8.8% over the previous year and revenue to be 0.2% higher. Shares are also trending up, with BKH 5.5% higher compared with where it was to start 2022. That's proof positive that the slow-and-steady businesses in the utility sector still have a lot to offer investors in this time of uncertainty, even if they don't boast the kind of sales or profit expansion you might find in other sectors during boom times. SEE MORE 11 Best Investments to Inflation-Proof Your Portfolio Getty Images NiSource Market value: $12.5 billion Dividend yield: 3.1% Analysts' ratings: 6 Strong Buy, 4 Buy, 4 Hold, 0 Sell, 0 Strong Sell Analysts' consensus recommendation: 1.86 (Buy) NiSource (NI, $30.56) is a natural gas and electric utility company founded way back in 1847 and with deep roots in Indiana. It now operates power plants as well as natural gas distribution to more than 4 million customers in six states. While the company does own and operate two coal-fired plants and two hydroelectric dams, it is very much a natural gas play. That's decidedly good for NiSource, with natural gas prices nearly tripling over the last 12 months. NI's margins are looking very good, as earnings and revenue continue to climb higher. And estimates are for the company to post earnings-per-share and revenue growth of 5.8% and 8.6%, respectively, this fiscal year. But more importantly for investors seeking out the best utility stocks, its share price is up about 11% this year even as the rest of Wall Street has struggled. And longer term, NiSource continues to look beyond fossil fuels to ensure it remains one of the best utility stocks. Last year, the company announced plans to deploy 11 major renewable energy generation projects as a way to ensure it is aligned with the ongoing sustainability concerns in the industry. SEE MORE Buy the Dip in EV Stocks? Here Are 7 to Consider Getty Images CenterPoint Energy Market value: $19.3 billion Dividend yield: 2.2% Analysts' ratings: 9 Strong Buy, 6 Buy, 3 Hold, 1 Sell, 0 Strong Sell Analysts' consensus recommendation: 1.79 (Buy) CenterPoint Energy (CNP, $30.67) is another of the uniquely diversified utility stocks featured here, providing both electricity generation as well as natural gas distribution, transportation and storage. Strangely enough, it also offers home repair protection services, including maintenance on kitchen appliances. This allows the Houston-based company to generate a very reliable stream of revenue – whether it's from a repair call in Minnesota, electricity service in Louisiana, or fees generated from its interstate pipelines through Mississippi, Texas and Oklahoma. To be clear, that revenue is not moving dramatically higher. Current projections are for top-line growth in the low single-digits across both fiscal 2022 and fiscal 2023. But on the other hand, the share price of CNP has moved higher lately even as the rest of Wall Street has been in free fall. Specifically, CenterPoint Energy stock is up about 10% since Jan. 1, thanks to a rotation out of riskier assets and into quality, defensive plays like this one. CNP is well-liked among Wall Street's pros, too. ""We believe that CenterPoint is committed to optimizing the value of its regulated utility and processing and storage businesses, and that it has the potential to generate total returns for shareholders of 6%-8% annually over the next two to three years,"" says Argus Research analyst David Coleman (Buy). SEE MORE Warren Buffett Stocks Ranked: The Berkshire Hathaway Portfolio Getty Images NextEra Energy Market value: $139.5 billion Dividend yield: 2.3% Analysts' ratings: 10 Strong Buy, 6 Buy, 5 Hold, 0 Sell, 0 Strong Sell Analysts' consensus recommendation: 1.76 (Buy) NextEra Energy (NEE, $71.00) is a traditional electric utility that generates and distributes power to retail and wholesale customers in North America. Formerly known as FPL, it serves about 11 million people in the east and lower west coasts of Florida. This company can trace its roots back almost a century, and is a great example of the entrenched and near monopolistic business model that traditional utility stocks have. They are highly regulated, they have a low chance of competition given the cash necessary to build an electricity distribution network, and they are not likely to see customers change their relationships overnight on a whim. Is it likely that Florida demand for electricity will double in the next year and drive record profits for NEE? Of course not. But conversely, is it also unlikely that NEE will see half of its business dry up. Instead what you get is a slow-and-steady approach, including projections of roughly double-digit earnings growth both this fiscal year and next for NextEra. In a ""risk-off"" environment like we're currently in, Wall Street analysts are increasingly turning to stocks like this one as a calm port in an otherwise stormy market. This spring, Mizuho, KeyBanc and Wells Fargo all reiterated Buy or equivalent ratings on NEE. SEE MORE 37 Ways to Earn Up to 9% Yields on Your Money Getty Images Constellation Energy Market value: $18.7 billion Dividend yield: 1.0% Analysts' ratings: 7 Strong Buy, 5 Buy, 2 Hold, 0 Sell, 0 Strong Sell Analysts' consensus recommendation: 1.64 (Buy) In many ways, Constellation Energy (CEG, $57.28) is as much of a play on sustainability and green energy as it is a utility stock. The firm generates and sells electricity across a host of markets in the U.S. It does this by relying on its 32,400 megawatts of generating capacity driven by nuclear, wind, solar, natural gas and hydroelectric assets. Constellation was formerly a subsidiary of the larger utility stock Exelon (EXC). It completed its separation and re-launching as a standalone in February. That restructuring also came with $2.5 billion in debt reduction through May. Due to its recent spinoff, the company doesn't have an extensive backlog of financials. However, it does boast a strong growth outlook thanks to its green energy operations. Constellation recently announced long-term agreements to supply Pennsylvania-based convenience store Sheetz and cable giant Comcast (CMCSA) with green energy to help the corporations reduce their carbon footprints. Partnerships such as these are one of the reasons analysts are expecting earnings to grow nearly 60% from fiscal 2022 to fiscal 2023. The sustainability angle of CEG makes this name a bit more ""growthy"" than some of the more stolid utility stocks on this list. However, it still offers a significantly lower risk profile than some of the more aggressive investments in cryptocurrency or small-cap tech stocks, which could make for a good balanced investment in an uncertain market. SEE MORE The Best (And Worst) Stocks for Rising Prices Getty Images AES Market value: $13.5 billion Dividend yield: 3.0% Analysts' ratings: 8 Strong Buy, 4 Buy, 2 Hold, 0 Sell, 0 Strong Sell Analysts' consensus recommendation: 1.57 (Buy) Diversified power generation and utility company AES (AES, $20.23) is based in Virginia, but it owns and operates facilities around the world, including in Puerto Rico, El Salvador, Brazil, Mexico, the Caribbean, Europe and Asia. All told, it operates a power generation portfolio of almost 32,000 megawatts – enough juice to power as many as 28 million homes. This geographic diversification is unique among other utility stocks, and has helped provide the potential for both growth as well as resilience in a very uncertain energy market. As a result, AES is projecting high-single-digit earnings growth in fiscal 2022 and in 2023 – projections that it just reaffirmed in early May. That's not a rate that will set the world on fire, but considering the struggles we've seen in other sectors lately, that is a decided vote in this stock's favor. Additionally, AES recently won its third ""investment grade"" rank from credit rating agency Moody's. This means that all three major ratings agencies now consider this utility among the most creditworthy operations out there. There's risk in the diversified model given that developing markets can be more volatile politically and economically than the old, boring domestic utility market. However, the Wall Street community's bullish view on AES – including a consensus price target about 35% higher than current levels – hints that this company is navigating the risks just fine and continues to deliver shareholder value. SEE MORE 11 Emerging Market Stocks That Analysts Love Getty Images IdaCorp Market value: $5.4 billion Dividend yield: 2.8% Analysts' ratings: 4 Strong Buy, 0 Buy, 1 Hold, 0 Sell, 0 Strong Sell Analysts' consensus recommendation: 1.40 (Strong Buy) Boise, Idaho-based IdaCorp (IDA, $107.00) is a power generation and distribution company that operates in the Western U.S. Specifically, it operates 17 hydropower-generating plants and three natural gas-fired plants and holds interests in two coal-fired plants. All told, it maintains more than 600,000 connections to consumers and businesses across Idaho, Oregon, Wyoming and Nevada. IDA reported its first-quarter financial results in May that featured earnings of 91 cents per share, up moderately from the year-ago period. Furthermore, it reaffirmed its full-year guidance for steady year-over-year growth. This is a great sign, as the company has weathered inflationary pressures and supply-chain constraints that have weighed on the margins of some other names in the sector. Idacorp is smaller than the largest publicly traded utility stocks out there, with a market cap of just over $5 billion at present. Still, it is showing best-in-class performance. That's in part why it's among one of the highest-rated utilities at present; Wells Fargo just upgraded the stock in May due to a more ""reasonable"" valuation, and Mizuho initiated coverage with a Buy recommendation in March. And the average price target of $122.80 implies expected upside of nearly 15% over the next 12 months or so. SEE MORE 10 Best Stocks for Rising Interest Rates The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-12-09,36.8491,37.0229,36.4837,36.725,"iShares MSCI USA Multifactor ETF Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI USA Multifactor ETF (Symbol: LRGF) where we have detected an approximate $159.6 million dollar outflow -- that's a 11.3% decrease week over week (from 31,100,000 to 27,600,000). Among the largest underlying components of LRGF, in trading today Anthem Inc (Symbol: ANTM) is up about 0.1%, General Motors Co (Symbol: GM) is off about 1%, and Exelon Corp (Symbol: EXC) is lower by about 0.3%. For a complete list of holdings, visit the LRGF Holdings page » The chart below shows the one year price performance of LRGF, versus its 200 day moving average: Looking at the chart above, LRGF's low point in its 52 week range is $36.3183 per share, with $45.99 as the 52 week high point — that compares with a last trade of $45.42. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-12-10,36.9809,37.3094,36.7387,37.2575,
EXC,2021-12-13,37.1949,37.579,36.9605,37.4168,
EXC,2021-12-14,37.2575,37.5545,36.9672,37.2155,"[""Pepco Group core earnings surge 46% on new store openings Adds details on earnings, CEO comment, context and background LONDON, Dec 14 (Reuters) - Pepco Group PCOP.WA, owner of the PEPCO, Poundland and Dealz discount retailer brands in Europe, reported a 46% jump in its 2020-21 core profit on Tuesday, reflecting new store openings amid the easing of lockdown restrictions. The group said its underlying earnings before interest, tax, depreciation and amortisation (EBITDA) came in at 647 million euros ($730 million) in the year ended Sept. 30, in line with its forecast range of 640 million euros to 655 million euros. Pepco, which listed on the Warsaw stock market in May with a valuation of 5 billion euros, said revenue increased on a constant currency basis by 19.3% to 4.12 billion euros, with like-for-like sales up 6.5%. The company saw 483 store openings, including the first PEPCO stores in Austria, Serbia and Spain, taking the total to 3,504. The group said it has a strong new stores' pipeline for 2021-22 and beyond. \""The highly encouraging initial performance of these Western European PEPCO stores gives us increasing confidence that the whole of Europe is an addressable market for us, with our plans to open in Germany well on track for the first half of 2022,\"" Chief Executive Officer Andy Bond said. \""Through our new stores we remain on course to create at least 13,000 jobs over the next three years.\"" The group said it continued to face commodity inflation and increased shipping costs alongside supply chain disruption at the start of its new financial year. However, it said it has a clear strategy to mitigate the impact. It is also monitoring the emerging new wave of Omicron variant across Europe that resulted in the re-introduction of government-mandated restrictions in some of its operating territories. \""Based on our understanding of the current level of Covid impact on revenue and costs we are confident in delivering full-year profit growth in line with historic levels,\"" it said. ($1 = 0.8868 euros) (Reporting by James Davey; Editing by Shri Navaratnam and Sherry Jacob-Phillips) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pepco Group core earnings up 46% on new store openings LONDON, Dec 14 (Reuters) - Pepco Group PCOP.WA, owner of the PEPCO, Poundland and Dealz discount retailer brands in Europe, on Tuesday reported a 46% rise in full year core profit, reflecting new store openings. The group said it made underlying earnings before interest, tax, depreciation and amortisation (EBITDA) of 647 million euros ($730 million) in the year to Sept. 30 - in line with guidance of 640-655 million euros. Pepco, which listed on the Warsaw stock market in May with a valuation of 5 billion euros, increased revenue 19.4% to 4.12 billion euros. New store openings were 483, taking the total to 3,504. The group said it has a strong new store pipeline for 2021-22 and beyond. ($1 = 0.8868 euros) (Reporting by James Davey Editing by Shri Navaratnam) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-12-15,37.3191,37.8448,37.1579,37.7968,
EXC,2021-12-16,37.7382,37.9942,37.5135,37.5682,
EXC,2021-12-17,37.1539,37.6063,36.7739,36.9879,
EXC,2021-12-20,36.5805,36.9742,35.8858,36.9048,
EXC,2021-12-21,37.2086,37.5203,36.8637,37.279,
EXC,2021-12-22,37.1266,37.6386,37.0914,37.575,
EXC,2021-12-23,37.6386,37.9326,37.5897,37.6581,
EXC,2021-12-27,37.6581,37.9102,37.5722,37.8799,"What Kind Of Shareholders Hold The Majority In Exelon Corporation's (NASDAQ:EXC) Shares? The big shareholder groups in Exelon Corporation (NASDAQ:EXC) have power over the company. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. We also tend to see lower insider ownership in companies that were previously publicly owned. Exelon is a pretty big company. It has a market capitalization of US$53b. Normally institutions would own a significant portion of a company this size. Taking a look at our data on the ownership groups (below), it seems that institutions own shares in the company. Let's delve deeper into each type of owner, to discover more about Exelon. NasdaqGS:EXC Ownership Breakdown December 27th 2021 What Does The Institutional Ownership Tell Us About Exelon? Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. We can see that Exelon does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Exelon's historic earnings and revenue below, but keep in mind there's always more to the story. NasdaqGS:EXC Earnings and Revenue Growth December 27th 2021 Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Hedge funds don't have many shares in Exelon. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 8.4% of shares outstanding. With 8.2% and 7.4% of the shares outstanding respectively, BlackRock, Inc. and Wellington Management Group LLP are the second and third largest shareholders. A closer look at our ownership figures suggests that the top 12 shareholders have a combined ownership of 51% implying that no single shareholder has a majority. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. Insider Ownership Of Exelon The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our most recent data indicates that insiders own less than 1% of Exelon Corporation. Being so large, we would not expect insiders to own a large proportion of the stock. Collectively, they own US$89m of stock. In this sort of situation, it can be more interesting to see if those insiders have been buying or selling. General Public Ownership The general public-- including retail investors -- own 18% stake in the company, and hence can't easily be ignored. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. Next Steps: While it is well worth considering the different groups that own a company, there are other factors that are even more important. Like risks, for instance. Every company has them, and we've spotted 4 warning signs for Exelon (of which 1 is potentially serious!) you should know about. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-12-28,37.9072,38.4534,37.8662,38.4329,"Tuesday Sector Leaders: Utilities, Materials The best performing sector as of midday Tuesday is the Utilities sector, up 0.8%. Within that group, Exelon Corp (Symbol: EXC) and American Electric Power Co Inc (Symbol: AEP) are two large stocks leading the way, showing a gain of 1.2% and 1.2%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.8% on the day, and up 15.77% year-to-date. Exelon Corp, meanwhile, is up 35.06% year-to-date, and American Electric Power Co Inc is up 9.44% year-to-date. Combined, EXC and AEP make up approximately 10.0% of the underlying holdings of XLU. The next best performing sector is the Materials sector, higher by 0.5%. Among large Materials stocks, Ball Corp (Symbol: BLL) and Dow Inc (Symbol: DOW) are the most notable, showing a gain of 1.9% and 1.7%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF (XLB), which is up 0.5% in midday trading, and up 26.43% on a year-to-date basis. Ball Corp, meanwhile, is up 1.24% year-to-date, and Dow Inc is up 7.41% year-to-date. Combined, BLL and DOW make up approximately 7.1% of the underlying holdings of XLB. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday. As you can see, seven sectors are up on the day, while two sectors are down. SECTOR % CHANGE Utilities +0.8% Materials +0.5% Consumer Products +0.3% Industrial +0.3% Services +0.2% Financial +0.2% Energy +0.1% Healthcare -0.5% Technology & Communications -0.7% 25 Dividend Giants Widely Held By ETFs » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2021-12-29,38.5637,39.3171,38.5433,39.152,"[""Wednesday Sector Leaders: Consumer Products, Utilities The best performing sector as of midday Wednesday is the Consumer Products sector, higher by 0.5%. Within that group, PVH Corp (Symbol: PVH) and Nike (Symbol: NKE) are two of the day's stand-outs, showing a gain of 2.0% and 1.5%, respectively. Among consumer products ETFs, one ETF following the sector is the iShares U.S. Consumer Goods ETF (Symbol: IYK), which is up 0.6% on the day, and up 16.85% year-to-date. PVH Corp, meanwhile, is up 13.11% year-to-date, and Nike is up 20.17% year-to-date. The next best performing sector is the Utilities sector, higher by 0.5%. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and Atmos Energy Corp. (Symbol: ATO) are the most notable, showing a gain of 1.7% and 0.9%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is up 0.4% in midday trading, and up 16.36% on a year-to-date basis. Exelon Corp, meanwhile, is up 37.63% year-to-date, and Atmos Energy Corp. is up 11.37% year-to-date. Combined, EXC and ATO make up approximately 7.0% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, eight sectors are up on the day, while one sector is down. SECTOR % CHANGE Consumer Products +0.5% Utilities +0.5% Healthcare +0.5% Materials +0.5% Services +0.3% Financial +0.3% Industrial +0.2% Technology & Communications +0.1% Energy -0.1% 25 Dividend Giants Widely Held By ETFs \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp. Shares Climb 1.1% Past Previous 52-Week High - Market Mover Exelon Corp. (EXC) shares closed 1.1% higher than its previous 52 week high, giving the company a market cap of $53B. The stock is currently up 34.3% year-to-date, up 35.5% over the past 12 months, and up 82.3% over the past five years. This week, the Dow Jones Industrial Average rose 3.9%, and the S&P 500 rose 4.9%. Trading Activity Trading volume this week was 65.0% lower than the 20-day average. Beta, a measure of the stock\u2019s volatility relative to the overall market stands at 0.7. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought. MACD, a trend-following momentum indicator, indicates an upward trend. The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Utilities industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 128.5% The company's stock price performance over the past 12 months beats the peer average by 88.5% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 103.6% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. \u00a9 2020 Kwhen Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2021-12-30,39.1588,39.7421,39.1373,39.6357,
EXC,2021-12-31,39.3318,40.0919,39.3318,39.918,
EXC,2022-01-03,39.4607,39.5037,38.5296,39.4413,"Monday Sector Laggards: Healthcare, Utilities The worst performing sector as of midday Monday is the Healthcare sector, showing a 1.1% loss. Within that group, Moderna Inc (Symbol: MRNA) and Quest Diagnostics, Inc. (Symbol: DGX) are two large stocks that are lagging, showing a loss of 8.0% and 4.9%, respectively. Among healthcare ETFs, one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is down 1.4% on the day, and roughly flat year-to-date. Moderna Inc, meanwhile, is roughly flat on a year-to-date basis, and Quest Diagnostics, Inc., is roughly flat on a year-to-date basis. Combined, MRNA and DGX make up approximately 1.9% of the underlying holdings of XLV. The next worst performing sector is the Utilities sector, showing a 1.0% loss. Among large Utilities stocks, American Water Works Co, Inc. (Symbol: AWK) and Exelon Corp (Symbol: EXC) are the most notable, showing a loss of 2.9% and 2.6%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 1.3% in midday trading, and roughly flat year-to-date. American Water Works Co, Inc., meanwhile, is roughly flat on a year-to-date basis, and Exelon Corp, is roughly flat on a year-to-date basis. Combined, AWK and EXC make up approximately 8.8% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, five sectors are up on the day, while four sectors are down. SECTOR % CHANGE Energy +2.5% Services +0.3% Financial +0.3% Consumer Products +0.1% Technology & Communications +0.1% Industrial -0.5% Materials -0.7% Utilities -1.0% Healthcare -1.1% 10 ETFs With Stocks That Insiders Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-01-04,39.1168,39.8252,39.1168,39.4002,"[""Energy Sector Update for 01/04/2022: MEOH,MX.TO,NEX,VAL,EXC Energy stocks trimmed market-leading gains ahead of Tuesday's close, with the NYSE Energy Sector Index climbing 2.8% and the Energy Select Sector SPDR ETF (XLE) gaining 3.4%. The Philadelphia Oil Service Sector index advanced 4.9% while the Dow Jones US Utilities Index ticked up 0.1%. Front-month West Texas Intermediate crude oil settled $0.91 higher at $76.99 per barrel and global benchmark Brent gained $1.17 to $80.15; Henry Hub natural gas futures fell $0.10 to $3.72 per million BTU. In company news, Methanex (MEOH) shares climbed 7.7% after UBS raised its share price target for the methanol producer by $5 to $35, while reiterating a sell rating. Exelon (EXC) was narrowly higher, giving back most of a nearly 1% mid-morning gain, after RBC Capital Markets raised its price target for the electric utility by $9 to $60 a share and reiterated an outperform rating ahead of the company's planned spinoff of its Constellation Energy retail energy and generation business later this quarter. Valaris (VAL) gained 3.9% after announcing new bareboat charter contracts from ARO Drilling for four of its marine drillrigs, with three-year extensions to the existing charters with ARO Drilling and the first two newbuild jackups slated for delivery during the second half of 2022. NexTier Oilfield Solutions (NEX) rallied more than 27% after the company late Monday said it expects revenue of $500 million to $510 million for its just-concluded Q4, topping Wall Street consensus of $494.5 million in a Capital IQ survey. NexTier also expects to deploy an additional upgraded tier 4 dual-fuel frac fleet during Q1, for an average of 32 fleets during the quarter, the company said. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Energy Sector Update for 01/04/2022: NEX,VAL,EXC Energy stocks were soaring this afternoon, with the NYSE Energy Sector Index climbing 2.8% while the SPDR Energy Select Sector ETF (XLE) was up 3.5%. The Philadelphia Oil-Service Sector index was posting a 4.7% gain and the Dow Jones US Utilities Index was ahead 0.2%. Front-month West Texas Intermediate crude oil was rising $0.92 to $77.00 per barrel while the global benchmark Brent crude contract was advancing $1.00 to $79.98 per barrel. Henry Hub natural-gas futures were $0.07 lower at $3.74 per 1 million BTU. In company news, NexTier Oilfield Solutions (NEX) rallied Tuesday, rising almost 25%, after the company late Monday said it was expecting between $500 million to $510 million in revenue for its just-concluded Q4, topping Wall Street estimates looking for $494.5 million in revenue for the three months ended Dec. 31. It also is expecting to deploy an additional upgraded tier 4 dual fuel frac fleet during Q1, for an average of 32 fleets during the quarter. Valaris (VAL) climbed 3.4% after late Monday announcing new bareboat charter contracts from ARO Drilling for four of its marine drillrigs, with three-year extensions to the existing charters with ARO Drilling and the first two newbuild jackups slated for delivery during the second half of 2022. Exelon (EXC) has turned narrowly lower, reversing a nearly 1% mid-morning gain, after RBC Capital Markets raised its price target for the electricity and natural gas utility by $9 to $60 a share and reiterated its outperform rating for the stock ahead of the company's planned spinoff of its Constellation Energy retail energy and generation business later this quarter into a standalone company. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-01-05,39.3933,39.96,39.3025,39.3729,"[""Pepco CEO Andy Bond to step down due to health reasons Adds detail LONDON, Jan 5 (Reuters) - Andy Bond, the chief executive of the owner of British discount retailer Poundland, is to step down because of health reasons at the end of March, less than a year after leading a 5 billion euros ($5.7 billion) flotation of the business. Pepco Group PCOP.WA, which also owns European discount retailer brands PEPCO and Dealz, said on Wednesday it has appointed Trevor Masters, currently group chief operating officer, to the role of interim CEO from March 31. The board will immediately start a search process with external support and will evaluate internal and external candidates for the role of CEO. In his ten years at Pepco, seven as CEO, Bond, 56, grew the business from 200 stores in a single country to over 3,500 in 19 countries. The group listed on the Warsaw Stock Exchange in May 2021. Prior to joining Pepco, Bond was the boss of UK supermarket group Asda. \""Every great journey must come to an end and it is with much reluctance that I have decided now is the right time to focus my energies on my health,\"" said Bond. He will remain an advisor to the Pepco board until the end of the financial year. ($1 = 0.8853 euros) ($1 = 4.0391 zlotys) (Reporting by James Davey; Editing by Christian Schmollinger and Louise Heavens) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""MOVES-Pepco CEO Andy Bond to step down because of health reasons LONDON, Jan 5 (Reuters) - Pepco Group PCOP.WA, the owner of European discount retailer brands PEPCO, Poundland and Dealz, said on Wednesday its Chief Executive Officer Andy Bond will step down at the end of March because of health reasons. The group, which listed on the Warsaw stock market in May with a valuation of 5 billion euros ($5.7 billion), said it has appointed Trevor Masters, currently group chief operating officer, to the role of interim CEO from March 31. The board will immediately commence a search process with external support and will evaluate internal and external candidates for the role of CEO. \""Every great journey must come to an end and it is with much reluctance that I have decided now is the right time to focus my energies on my health,\"" said Bond. He will remain an advisor to the Pepco board until the end of the financial year. ($1 = 0.8850 euros) (Reporting by James Davey; Editing by Christian Schmollinger) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-01-06,39.3102,39.4764,39.1031,39.2067,
EXC,2022-01-07,39.2067,39.5242,38.8677,39.1442,
EXC,2022-01-10,39.2204,39.4139,38.8755,39.2692,"Exelon Introduces 2022 Adj. Operating Earnings Guidance For New Company - Quick Facts (RTTNews) - Exelon Corp. (EXC) announced 2022 adjusted operating earnings guidance for the new company of $2.18-$2.32 per share, which is up from revised guidance for utilities plus the Exelon holding company of $2.06-$2.14 per share in 2021. Exelon said this is driven by increased investment on behalf of customers at the utilities as well as updated revenues at PECO from recent rate cases. Exelon targets a 60 percent dividend payout ratio of operating earnings and growth in line with operating earnings through 2025. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-01-11,39.2341,39.2828,38.087,38.4397,"Constellation Aims To Achieve 95% Carbon-free Electricity By 2030 (RTTNews) - Constellation aims to achieve 95 percent carbon-free electricity by 2030 and 100 percent carbon-free electricity by 2040. In addition, it plans to achieve 100 percent reduction of operations-driven emissions by 2040 and provide 100 percent of its business customers with customized data to help them reduce their own carbon footprints. Constellation said it is committed to maintaining investment grade credit ratings, continuing a track record of effective cost management with more than $1.1 billion in cost reductions since 2015 and strong stewardship of capital, with a $180 million dividend growing at 10 percent annually and 2022 EBITDA guidance of $2.35 billion to $2.75 billion. Constellation noted that it is exploring growth opportunities that build on its core businesses, including acquiring nuclear plants or other clean energy assets. In preparation for separation from Exelon (EXC), Constellation will hold an investor and analyst event today beginning at 8:30 a.m. Eastern Time. The separation is expected to close on February 1. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-01-12,38.3499,38.7367,38.1798,38.6958,
EXC,2022-01-13,38.9927,39.3445,38.8501,39.0407,"Pepco Group quarterly revenue rises on 161 store openings Adds details on results and outlook, CEO quote and background Jan 13 (Reuters) - Pepco Group PCOP.WA, the owner of PEPCO, Poundland, and Dealz discount retailer brands in Europe, posted a 12% rise in its quarterly total revenue on a constant currency basis, driven by performance at its PEPCO banner that saw a 20% revenue jump. The group, which listed on the Warsaw stock exchange last May, said on Thursday its first-quarter revenue for the period of October-December came in at 1.35 billion euros ($1.54 billion), with like-for-like sales up 0.7%. Pepco Group said it delivered its strongest quarter in terms of store openings with 161 new branches, 146 of which were PEPCO, including 55 in the strategically important Western European markets of Italy, Austria and Spain, which continue to trade ahead of expectations. ""It is particularly pleasing that despite the supply chain and demand challenges presented by COVID-19, the strength of the consumer proposition of all three of our brands ensured that we delivered a resilient trading performance,"" Chief Executive Officer Andy Bond said in a statement. The group had previously said that it sees Europe as its addressable market, following encouraging initial performance of PEPCO stores in Western Europe. PEPCO, predominantly present in eastern Europe, plans to open in Germany in the first half of 2022 and has a strong pipeline of store launches for 2021-22 and beyond, Bond had said last month. ($1 = 0.8742 euros) (Reporting by Karol Badohal; Editing by Uttaresh.V and Sherry Jacob-Phillips) ((karl.badohal@thomsonreuters.com; +48 58 769 65 97;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-01-14,39.0484,39.1373,38.7152,38.8677,
EXC,2022-01-18,38.3157,38.8608,38.2385,38.7289,"Is Exelon Corporation (NASDAQ:EXC) Trading At A 44% Discount? Does the January share price for Exelon Corporation (NASDAQ:EXC) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by taking the forecast future cash flows of the company and discounting them back to today's value. One way to achieve this is by employing the Discounted Cash Flow (DCF) model. Believe it or not, it's not too difficult to follow, as you'll see from our example! Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model. Crunching the numbers We are going to use a two-stage DCF model, which, as the name states, takes into account two stages of growth. The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second 'steady growth' period. In the first stage we need to estimate the cash flows to the business over the next ten years. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, so we discount the value of these future cash flows to their estimated value in today's dollars: 10-year free cash flow (FCF) estimate 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 Levered FCF ($, Millions) US$1.31b US$1.73b US$1.90b US$2.69b US$3.13b US$3.50b US$3.82b US$4.08b US$4.30b US$4.49b Growth Rate Estimate Source Analyst x3 Analyst x3 Analyst x3 Analyst x2 Est @ 16.37% Est @ 12.05% Est @ 9.02% Est @ 6.9% Est @ 5.42% Est @ 4.38% Present Value ($, Millions) Discounted @ 5.5% US$1.2k US$1.6k US$1.6k US$2.2k US$2.4k US$2.5k US$2.6k US$2.7k US$2.7k US$2.6k (""Est"" = FCF growth rate estimated by Simply Wall St) Present Value of 10-year Cash Flow (PVCF) = US$22b The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 2.0%. We discount the terminal cash flows to today's value at a cost of equity of 5.5%. Terminal Value (TV)= FCF2031 × (1 + g) ÷ (r – g) = US$4.5b× (1 + 2.0%) ÷ (5.5%– 2.0%) = US$131b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= US$131b÷ ( 1 + 5.5%)10= US$77b The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is US$99b. In the final step we divide the equity value by the number of shares outstanding. Compared to the current share price of US$56.2, the company appears quite undervalued at a 44% discount to where the stock price trades currently. Remember though, that this is just an approximate valuation, and like any complex formula - garbage in, garbage out. NasdaqGS:EXC Discounted Cash Flow January 18th 2022 The assumptions We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Exelon as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 5.5%, which is based on a levered beta of 0.800. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. Moving On: Whilst important, the DCF calculation is only one of many factors that you need to assess for a company. DCF models are not the be-all and end-all of investment valuation. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. What is the reason for the share price sitting below the intrinsic value? For Exelon, we've put together three pertinent factors you should assess: Risks: For example, we've discovered 4 warning signs for Exelon (1 is a bit concerning!) that you should be aware of before investing here. Future Earnings: How does EXC's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered! PS. Simply Wall St updates its DCF calculation for every American stock every day, so if you want to find the intrinsic value of any other stock just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-01-19,38.7435,39.3102,38.7025,39.0407,
EXC,2022-01-20,39.2556,40.0323,39.0748,39.3796,"Thursday Sector Leaders: Energy, Utilities Looking at the sectors faring best as of midday Thursday, shares of Energy companies are outperforming other sectors, up 1.2%. Within that group, Baker Hughes Company (Symbol: BKR) and Devon Energy Corp. (Symbol: DVN) are two large stocks leading the way, showing a gain of 4.2% and 2.9%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is up 1.1% on the day, and up 17.09% year-to-date. Baker Hughes Company, meanwhile, is up 13.90% year-to-date, and Devon Energy Corp. is up 14.29% year-to-date. Combined, BKR and DVN make up approximately 5.0% of the underlying holdings of XLE. The next best performing sector is the Utilities sector, higher by 1.0%. Among large Utilities stocks, AES Corp (Symbol: AES) and Exelon Corp (Symbol: EXC) are the most notable, showing a gain of 3.2% and 2.3%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is up 1.2% in midday trading, and down 2.64% on a year-to-date basis. AES Corp, meanwhile, is down 2.06% year-to-date, and Exelon Corp is up 0.03% year-to-date. Combined, AES and EXC make up approximately 7.4% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Thursday. As you can see, eight sectors are up on the day, while none of the sectors are down. SECTOR % CHANGE Energy +1.2% Utilities +1.0% Financial +0.8% Technology & Communications +0.8% Industrial +0.8% Healthcare +0.7% Services +0.4% Materials +0.3% Consumer Products -0.0% 25 Dividend Giants Widely Held By ETFs » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-01-21,39.5663,39.7041,39.0377,39.2341,"[""First Week of EXC March 18th Options Trading Investors in Exelon Corp (Symbol: EXC) saw new options begin trading this week, for the March 18th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the EXC options chain for the new March 18th contracts and identified one put and one call contract of particular interest. The put contract at the $55.00 strike price has a current bid of $1.50. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $55.00, but will also collect the premium, putting the cost basis of the shares at $53.50 (before broker commissions). To an investor already interested in purchasing shares of EXC, that could represent an attractive alternative to paying $56.88/share today. Because the $55.00 strike represents an approximate 3% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 68%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 2.73% return on the cash commitment, or 17.79% annualized \u2014 at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $55.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $60.00 strike price has a current bid of 80 cents. If an investor was to purchase shares of EXC stock at the current price level of $56.88/share, and then sell-to-open that call contract as a \""covered call,\"" they are committing to sell the stock at $60.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 6.89% if the stock gets called away at the March 18th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if EXC shares really soar, which is why looking at the trailing twelve month trading history for Exelon Corp, as well as studying the business fundamentals becomes important. Below is a chart showing EXC's trailing twelve month trading history, with the $60.00 strike highlighted in red: Considering the fact that the $60.00 strike represents an approximate 5% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 78%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 1.41% boost of extra return to the investor, or 9.17% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 27%, while the implied volatility in the call contract example is 24%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 253 trading day closing values as well as today's price of $56.88) to be 18%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""7 Utility Stocks to Buy Despite the Heating Crisis InvestorPlace - Stock Market News, Stock Advice & Trading Tips Certainly energy prices are higher this year than last. And that isn\u2019t necessarily good news for utility stocks. But increased demand is always good. What\u2019s more, utilities have been transitioning from expensive, less efficient fuels to more efficient fuels to run their power plants for years now. That means they\u2019re operating more efficiently. Many companies have converted from coal to natural gas, and natural gas is abundant in the U.S. While natural gas prices in the U.S. are off their highs (around $3.90/MMbtu), this is still very cheap relative to many import-heavy markets like Europe, China and Japan. Granted it\u2019s cold comfort for customers to know that while energy prices are high for home and business heating, the utilities have better margins and also have trading desks that can take advantage of a more dynamic energy market. And renewables have also made big strides which help keep prices down. 7 Tech Stocks That Are Ticking Time Bombs You Need to Diffuse These utility stocks highlight the strong showing some utilities are making as demand increases. Brookfield Infrastructure Partners (NYSE:BIP) Kenon Holdings (NYSE:KEN) Otter Tail (NASDAQ:OTTR) Exelon (NASDAQ:EXC) Star Group (NYSE:SGU) UGI Corp (NYSE:UGI) Pampa Energia SA (NYSE:PAM) Utility Stocks to Buy: Brookfield Infrastructure Partners (BIP) Source: Shutterstock Structured as a limited partnership, BIP is one of the more interesting ways to approach the utilities sector. As its name implies, BIP is more than just a globally diversified utility company. It also has other infrastructure assets including real estate, telecom infrastructure, renewable energy, ports and others. BIP is a Canada-based company that have been packaging various investment vehicles since its founding in 1905. BIP is one many sector specific holding companies that the parent company owns. It\u2019s a good choice for investors that want a broader geographic and corporate footprint than your typical utility provides. Also, its renewable energy assets also mean it has a broader focus than just providing electricity. BIP stock has gained almost 13% in the past 12 months and still delivers a solid dividend of nearly 3.4%. This stock has a \u201cB\u201d rating in my Portfolio Grader. Kenon Holdings (KEN) Source: VladSV / Shutterstock.com Again, while its utility holdings in Israel and the U.S. make up a large part of its business, KEN is more diversified than your typical utility. It also owns a large piece of a global shipping container company as well as a stake in a Chinese electric vehicle company. Its focus is more about growth and cash flow than just providing utility services. Even its utility operations are solely power generation plants, not the entire network. But its diversification has paid off, especially in the shipping sector. The supply chain crisis means its containers are in high demand for top dollar. This and its unique asset mix have kept the stock in great demand. KEN is up 22% in the past three months and has gained 57% in the past 12 months. Yet it trades at a current price-to-earnings ratio below 4x and has a massive 10.7% dividend. 7 Top Picks for Growth Investors in 2022 This stock has an \u201cA\u201d rating in my Portfolio Grader. Utility Stocks to Buy: Otter Tail (OTTR) Source: bht2000 / Shutterstock.com Since 1905, OTTR has been a regional utility stock in the lightly populated upper Midwest \u2014 Minnesota and the Dakotas. But in the mid-1990s, it diversified and became a two-platform company, moving into metal fabrication, tool and die, as well as pipes and tubing. Both sectors are now doing well. The metal and pipe sector is a big beneficiary of not only the new infrastructure spending but also the energy boom in the Bakken and other shales in the region. And the utility business has seen more demand from rising populations and increased energy use in the region. It\u2019s a unique utility and it has a $2.6 billion market cap, so it\u2019s not massive. But it has a reliable 2.5% dividend, and the stock is on a roll, gaining 53% in the past 12 months. This stock has an \u201cA\u201d rating in my Portfolio Grader. Exelon (EXC) Source: Shutterstock While the name might not be too familiar, EXC is one of the largest utility holding companies in the U.S. It runs a number of utilities in the Mid-Atlantic region as well as Illinois. It\u2019s likely its subsidiaries are more familiar names \u2014 Commonwealth Edison, PECO Energy, Baltimore Gas & Electric, Delmarva Power & Light, Atlantic City Electric and Potomac Electric Power Company (aka, PEPCO). It also owns deregulated energy companies Exelon Generation and Constellation Power. While its geographic footprint is broad, EXC is one of the more traditional utility stocks most investors imagine when they think of this sector. And its $55 billion market cap certainly places it among the largest utility companies in the U.S. EXC stock has done well in the past 12 months, gaining almost 32%. That\u2019s not the kind of gain you usually see from these big, conservative firms. But market rotation is certainly moving money into the sector. It has a sturdy 2.7% dividend. 7 Bull Market Stocks to Buy for a Continued Run Higher in 2022 This stock has a \u201cB\u201d rating in my Portfolio Grader. Utility Stocks to Buy: Star Group (SGU) Source: Shutterstock Another subset in the utility stocks sector is natural gas and oil retail and distribution companies. It\u2019s the largest retail distributor of home heating oil in the U.S. They\u2019re the ones that sell liquefied natural gas (LNG) and heating oil to homes and businesses in areas that rely on these sources for climate control and other essential services outside of electricity. SGU is organized as a limited partnership, which means investors are considered partners in the business. It\u2019s similar to the way real estate investment trusts (REITs) are set up. The structure means that the company must pay its shareholders a cut of net profits, usually in the form of dividends. These dividends can fluctuate, but they can be higher than average for many of these energy-focused companies. For investors, these are long-term holdings so you can take advantage of the dividends, rather than expecting significant price appreciation. SGU stock has gained 8% in the past 12 months, but still has a price-to-earnings ratio just above 6x. And its 5.4% dividend creates a solid total return with plenty of upside left. But it\u2019s a small company, with a market cap of just $411 million. This stock has a \u201cB\u201d rating in my Portfolio Grader. UGI Corp (UGI) Source: Shutterstock If you\u2019re looking for a company similar to SGU, but with far more horsepower and more focused on natural gas, UGI may be the answer. With a $9 billion market cap and broad exposure across Europe and the U.K., UGI is a big LNG player. And as I mentioned before, LNG in Europe is more than 3x more expensive than it is in the U.S. That means margins can be much bigger. In the U.S., UGI has a few subsidiaries \u2014 AmeriGas, UGI Penn Natural Gas and UGI Central Penn Gas. It also has a network of pipelines, storage and distribution assets as well. LNG will continue to be a growing segment of global energy demand and UGI is well-positioned both here and in Europe to be a significant beneficiary. That\u2019s especially true in Europe as Russia begins to squeeze European nations\u2019 access to its natural gas. UGI stock has gained 23% in the past 12 months, yet it still has a current P/E below 7x and a nearly 3% dividend. 7 Bear Market Stocks to Buy If You See Trouble Ahead This stock has a \u201cB\u201d rating in my Portfolio Grader. Utility Stocks to Buy: Pampa Energia SA (PAM) Source: Shutterstock If you\u2019re interested in something more interesting than your typical U.S.-based utility company, then PAM may be on of the utility stocks to add to your list. This Argentina-based utility has its hands in the entire energy sector \u2014 electricity to oil and gas. PAM has a $2 billion market cap, but that makes it a good-sized company in Argentina. Its operations span controlling interests in a number of various companies, from high-voltage transmission lines to natural gas pipelines to oil wells to refineries. It\u2019s assets make it vertically integrated throughout the power grid and energy patch. But PAM isn\u2019t a dividend stock. It\u2019s a growth play as the Argentine economy revives. As one of the leading infrastructure development companies in the nation, it will benefit from healthier growth. PAM stock is up more than 46% in the past 12 months, yet it\u2019s still trading at a current P/E just below 4x. This stock has a \u201cB\u201d rating in my Portfolio Grader. On the date of publication, Louis Navellier has no positions in any stocks in this article. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. The InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Louis Navellier, who has been called \u201cone of the most important money managers of our time,\u201d has broken the silence in this shocking \u201ctell all\u201d video\u2026 exposing one of the most shocking events in our country\u2019s history\u2026 and the one move every American needs to make today. The post 7 Utility Stocks to Buy Despite the Heating Crisis appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-01-24,39.4343,39.5242,37.7694,38.7709,
EXC,2022-01-25,38.4465,38.7572,38.13,38.3294,"Earnings Season Scorecard and Analyst Reports for Mastercard, Pfizer & Citigroup Tuesday, January 25, 2022 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features a real-time update on the ongoing Q4 earnings season, in addition to new research reports on 12 major stocks, including Mastercard Incorporated (MA), Pfizer Inc. (PFE), and Citigroup Inc. (C). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today’s research reports here >>> Q4 Earnings Season Scorecard (as of Tuesday, January 25th) Including all of this morning's earnings releases, we now have Q4 results from 79 S&P 500 members or 15.8% of the index's total membership. Total earnings for these 79 companies are up +21.9% from the same period last year on +11.3% higher revenues, with 84.8% beating EPS estimates and 78.5% beating reveue estimates. The Q4 EPS and revenue beats percentages are within historical ranges, though below what we had seen from the same group of companies in the first three quarters of the year. The revisions trend for current (2022 Q1) and coming quarters appears to have turned positive after modestly turning negative in the comparable period to the preceding earnings season. It will be a notable positive for the market if this favorable turn on the revisions front continues through the rest of this earnings season. Today's Featured Research Reports Shares of Mastercard have outperformed the Zacks Financial Transaction Services industry over the past year (+6.6% vs. -24.4%). The Zacks analyst believes that Mastercard's profit levels are rising thanks to higher consumer spending. It executed several acquisitions, which helped to grow its addressable markets and drive new revenue streams. Deal wins, renewed agreements and an expanded service suite are expected to aid long-term growth. The COVID-19 crisis accelerated the use of electronic payments with much greater adoption of digital and contactless solutions. This provides an opportunity for Mastercard's business to expedite its shift to the digital mode. However, steep costs might stress margins. High rebates and incentives may weigh on revenues. As such, the stock warrants a cautious stance. (You can read the full research report on Mastercard here >>>) Shares of Pfizer have outperformed the Zacks Large Cap Pharmaceuticals industry over the past year (+38.2% vs. +8.1%). The Consumer Healthcare joint venture with Glaxo and the merger of the Upjohn unit with Mylan has made Pfizer a smaller company with a diversified portfolio of innovative drugs and vaccines. The Zacks analyst, however, believes that the smaller Pfizer should see better revenue growth. Pfizer expects strong growth of key brands like Ibrance, Inlyta and Eliquis to drive sales. Its COVID-19 vaccine has become a key contributor to the top line. The approval of Paxlovid, its oral antiviral pill for COVID, can bring in additional revenues in 2022. However, currency headwinds and pricing pressure are key top-line headwinds. Concerns remain about its long-term growth prospects due to competitive pressure. (You can read the full research report on Pfizer here >>>) Shares of Citigroup have underperformed the Zacks Banks - Major Regional industry over the past year (+2.9% vs. +29.3%). However, Citigroup’s fourth-quarter 2021 results were driven by revenue and loan growth, while escalating expenses were concerning. Nonetheless, the company has an impressive earnings surprise history, having beaten the Zacks Consensus Estimate in the trailing four quarters. The Zacks analyst believes that exiting the consumer banking business in announced markets will simplify operations and release $12 billion of allocated tangible common equity that can be deployed to expand institutional franchises in targeted regions. Recently, the bank revealed plans to exit the consumer, small business and middle-market banking operations in Mexico. Meanwhile, high expenses on transformation investments and regulatory costs might limit bottom-line growth. The subdued consumer banking business might dent fee income. (You can read the full research report on Citigroup here >>>) Other noteworthy reports we are featuring today include Exelon Corporation (EXC), Kinder Morgan, Inc. (KMI) and CSX Corporation (CSX). Sheraz Mian Director of Research Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>> Today's Must Read Mastercard's (MA) Accretive Buyouts Aid, Elevated Costs Hurt COVID Vaccine & Pill to Drive Pfizer's (PFE) 2022 Sales Citigroup's (C) Streamlining Efforts Aids Amid Rising Expenses Featured Reports Cost Management & Regulated investment Aid Exelon (EXC) Per the Zacks analyst Exelon's cost management initiatives will have positive impact on margins and its planned $27B investments through 2024 will strengthen its operation. Kinder Morgan (KMI) to Benefit From Growing Demand for RNG The Zacks analyst is upbeat about Kinder Morgan's huge growth potential in the RNG business, which will broaden its scope of services. However, its huge exposure to debt is concerning. CSX Backed by Improved Freight Demand Amid Cost Headwinds The Zacks analyst is optimistic about CSX's top line growth, thanks to improved freight demand and pricing gains. However, high costs, primarily due to rising fuel expenses are concerning. Robust Senza Uptake Aids Nevro (NVRO) Amid Stiff Competition The Zacks analyst is upbeat about continued strength in Nevro's flagship platform, Senza. Yet, the company's operation in a highly competitive medical device industry raises apprehension. TopBuild (BLD) Gains From Buyouts, Supply Woes Persist The Zacks analyst stresses that TopBuild's systematic inorganic strategy will supplement its organic growth and expand access to additional markets and products. However, supply constraints are risks. New Upgrades Inorganic Growth, Reducing Costs Aid Community Heath (CYH) Per the Zacks analyst, a series of inorganic growth measures such as buyouts have enhanced its capabilities. Moreover, its cost-curbing measures is likely to aid margins going forward. Customer Demand Drives DICK'S Sporting's (DKS) Top Line Per the Zacks analyst, DICK'S Sporting is gaining from solid demand and improved product assortment, driving solid sales. Q3 sales grew 13.9% year over year and 40% on a two-year basis. New Downgrades Cost Inflation Hurts Post Holdings' (POST) Margin Per the Zacks analyst, Post Holdings is grappling with escalated costs. Input and freight inflation along with increased manufacturing costs hurt the company's fourth-quarter margin performance. Higher Costs & Supply Chain Issues Hurt PPG Industries (PPG) The Zacks analyst is concerned that pandemic-led supply-chain challenges could hurt the company's performance. Higher raw material and logistics costs might also impact its results. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale. Download FREE: How to Profit from Trillions on Spending for Infrastructure >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Citigroup Inc. (C): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Mastercard Incorporated (MA): Free Stock Analysis Report Pfizer Inc. (PFE): Free Stock Analysis Report CSX Corporation (CSX): Free Stock Analysis Report Kinder Morgan, Inc. (KMI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-01-26,38.4534,39.0484,38.2121,38.4945,
EXC,2022-01-27,38.7709,39.4969,38.4329,38.7924,
EXC,2022-01-28,38.6468,39.6484,38.3841,39.622,
EXC,2022-01-31,39.2204,40.0811,39.1588,40.05,
EXC,2022-02-01,39.8496,40.2287,39.3415,39.9669,
EXC,2022-02-02,39.7842,41.7509,39.5321,41.5282,"[""CEG Stock Alert: Constellation Energy Pops After Exelon (EXC) Stock Spinoff InvestorPlace - Stock Market News, Stock Advice & Trading Tips The city of Baltimore has its new largest publicly traded company as of today. Constellation Energy (NASDAQ:CEG) has officially split from industry giant Exelon (NASDAQ:EXC). So far, the spinoff has only helped both CEG stock and EXC stock. Both companies are trading well, though it may be due to external factors. Source: Shutterstock So what else do you need to know? Exelon announced last year that it was splitting up its holdings in the power and utility space. The company said this would allow it to properly utilize each of its enterprises. Now, that logic is getting put to the test as Constellation Energy starts trading as a standalone firm. What\u2019s Happening With CEG Stock Constellation is enjoying its first day of trading, up 8% for the day. Things didn\u2019t start off so well for Exelon. The energy conglomerate started the day among the top pre-market losers, falling by more than 27%. Since then, however, it has rebounded nicely and is back in the green. EXC stock is currently up 3%. Why It Matters Executing a spinoff can be tricky business. This was a good time for Constellation Energy to become its own company, though. Industry demand is strong enough to keep both stocks elevated as the companies adjust. The oil boom has been raging since before 2022 began, but now a new factor is helping the energy sector. With chilling temperatures looming, natural gas prices are skyrocketing as states brace for a heating crisis. This type of demand is great for companies in the natural gas space, such as Constellation Energy. CEG stock is likely to keep rising for as long as the cold weather threat drives up natural gas prices. Exelon also still has holdings in the natural gas space, such as Delmarva Power. Although it fell this morning amid news of the spinoff, that type of development is common for companies whose holdings are being reduced. What It Means Constellation\u2019s recent story, though, should remind us of the power of timing. It became a standalone company at a time when demand for one of its primary products was sky high. When the split was first announced, Exelon officials stated that it would give both companies the \u201cfinancial and strategic independence to focus on its specific customer needs.\u201d It has done exactly that, at a time when customer needs have never been more abundant. CEG stock is well-positioned to emerge as a clear winner of the energy crisis. On the date of publication, Samuel O\u2019Brient did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. The post CEG Stock Alert: Constellation Energy Pops After Exelon (EXC) Stock Spinoff appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Wednesday Sector Leaders: Utilities, Financial In afternoon trading on Wednesday, Utilities stocks are the best performing sector, higher by 1.5%. Within that group, Exelon Corp (Symbol: EXC) and NiSource Inc. (Symbol: NI) are two large stocks leading the way, showing a gain of 4.2% and 2.8%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 1.5% on the day, and down 3.13% year-to-date. Exelon Corp, meanwhile, is down 25.97% year-to-date, and NiSource Inc. is up 7.35% year-to-date. Combined, EXC and NI make up approximately 5.3% of the underlying holdings of XLU. The next best performing sector is the Financial sector, higher by 0.9%. Among large Financial stocks, Equity Residential (Symbol: EQR) and Extra Space Storage Inc (Symbol: EXR) are the most notable, showing a gain of 4.6% and 3.9%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF (XLF), which is up 0.6% in midday trading, and up 2.00% on a year-to-date basis. Equity Residential, meanwhile, is up 2.48% year-to-date, and Extra Space Storage Inc, is down 9.44% year-to-date. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, eight sectors are up on the day, while one sector is down. SECTOR % CHANGE Utilities +1.5% Financial +0.9% Healthcare +0.8% Technology & Communications +0.6% Consumer Products +0.5% Materials +0.5% Industrial +0.4% Energy +0.1% Services -0.3% 25 Dividend Giants Widely Held By ETFs \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-market Movers: MDJH, ELMS, EXC, PYPL, PHAR\u2026 (RTTNews) - The following are some of the stocks making big moves in Wednesday's pre-market trading (as of 07.05 A.M. ET). In the Green MDJM Ltd (MDJH) is up over 73% at $2.92 Pharming Group N.V. (PHAR) is up over 13% at $10.01 Advanced Micro Devices, Inc. (AMD) is up over 11% at $129.86 Entasis Therapeutics Holdings Inc. (ETTX) is up over 11% at $1.61 Alphabet Inc. (GOOG) is up over 10% at $3038 Xilinx, Inc. (XLNX) is up over 10% at $219.49 Helbiz, Inc. (HLBZ) is up over 10% at $3.37 IceCure Medical Ltd (ICCM) is up over 10% at $2.85 Arbutus Biopharma Corporation (ABUS) is up over 9% at $3.19 Epizyme, Inc. (EPZM) is up over 9% at $1.35 Abeona Therapeutics Inc. (ABEO) is up over 7% at $0.30 AgriFORCE Growing Systems, Ltd. (AGRI) is up over 6% at $1.55 In the Red Electric Last Mile Solutions, Inc. (ELMS) is down over 31% at $3.81 Exelon Corporation (EXC) is down over 27% at $41.79 PayPal Holdings, Inc. (PYPL) is down over 16% at $146.79 ION Geophysical Corporation (IO) is down over 11% at $0.53 BRF S.A. (BRFS) is down over 9% at $3.72 Indonesia Energy Corporation Limited (INDO) is down over 8% at $4.05 Encompass Health Corporation (EHC) is down over 7% at $57.00 FGI Industries Ltd. (FGI) is down over 7% at $4.44 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-02-03,40.8793,42.6527,40.8793,42.43,
EXC,2022-02-04,41.3445,42.5315,41.2956,42.1682,"[""XLU, SO, D, EXC: ETF Inflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Utilities Select Sector SPDR\u2014 Fund (Symbol: XLU) where we have detected an approximate $424.7 million dollar inflow -- that's a 3.2% increase week over week in outstanding units (from 190,120,000 to 196,270,000). Among the largest underlying components of XLU, in trading today Southern Company (Symbol: SO) is down about 1.4%, Dominion Energy Inc (Symbol: D) is off about 1.7%, and Exelon Corp (Symbol: EXC) is lower by about 2.1%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $58.27 per share, with $71.83 as the 52 week high point \u2014 that compares with a last trade of $68.00. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb. Free Report: Top 7%+ Dividends (paid monthly) Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Things Look Grim For Exelon Corporation (NASDAQ:EXC) After Today's Downgrade The analysts covering Exelon Corporation (NASDAQ:EXC) delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for next year. Revenue and earnings per share (EPS) forecasts were both revised downwards, with analysts seeing grey clouds on the horizon. Following the downgrade, the consensus from nine analysts covering Exelon is for revenues of US$18b in 2022, implying a substantial 50% decline in sales compared to the last 12 months. Statutory earnings per share are presumed to jump 30% to US$2.23. Prior to this update, the analysts had been forecasting revenues of US$31b and earnings per share (EPS) of US$3.23 in 2022. It looks like analyst sentiment has declined substantially, with a pretty serious reduction to revenue estimates and a pretty serious decline to earnings per share numbers as well. NasdaqGS:EXC Earnings and Revenue Growth February 4th 2022 It'll come as no surprise then, to learn that the analysts have cut their price target 12% to US$54.50. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Exelon, with the most bullish analyst valuing it at US$74.00 and the most bearish at US$39.00 per share. This is a fairly broad spread of estimates, suggesting that the analysts are forecasting a wide range of possible outcomes for the business. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. These estimates imply that sales are expected to slow, with a forecast annualised revenue decline of 42% by the end of 2022. This indicates a significant reduction from annual growth of 1.3% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 4.5% annually for the foreseeable future. It's pretty clear that Exelon's revenues are expected to perform substantially worse than the wider industry. The Bottom Line The most important thing to take away is that analysts cut their earnings per share estimates, expecting a clear decline in business conditions. Unfortunately analysts also downgraded their revenue estimates, and industry data suggests that Exelon's revenues are expected to grow slower than the wider market. Given the scope of the downgrades, it would not be a surprise to see the market become more wary of the business. So things certainly aren't looking great, and you should also know that we've spotted some potential warning signs with Exelon, including its declining profit margins. For more information, you can click here to discover this and the 4 other concerns we've identified. Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are downgrading their estimates. So you may also wish to search this free list of stocks that insiders are buying. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-02-07,41.7606,42.3811,41.703,42.2844,
EXC,2022-02-08,42.5169,42.6527,41.6248,41.6835,"After Hours Most Active for Feb 8, 2022 : F, SHY, INFY, XM, MSFT, KMI, BMY, SQ, EXC, UBER, QQQ, LYFT The NASDAQ 100 After Hours Indicator is up 10.74 to 14,757.77. The total After hours volume is currently 102,498,318 shares traded. The following are the most active stocks for the after hours session: Ford Motor Company (F) is +0.03 at $17.75, with 12,255,735 shares traded. F's current last sale is 80.68% of the target price of $22. iShares 1-3 Year Treasury Bond ETF (SHY) is +0.0215 at $84.65, with 6,553,086 shares traded., following a 52-week high recorded in today's regular session. Infosys Limited (INFY) is unchanged at $22.89, with 4,745,243 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2022. The consensus EPS forecast is $0.19. As reported by Zacks, the current mean recommendation for INFY is in the ""buy range"". Qualtrics International Inc. (XM) is unchanged at $30.78, with 4,142,040 shares traded. As reported by Zacks, the current mean recommendation for XM is in the ""buy range"". Microsoft Corporation (MSFT) is +0.29 at $304.85, with 3,636,657 shares traded. Over the last four weeks they have had 7 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2022. The consensus EPS forecast is $2.18. MSFT's current last sale is 83.75% of the target price of $364. Kinder Morgan, Inc. (KMI) is unchanged at $17.29, with 3,356,269 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2022. The consensus EPS forecast is $0.29. KMI's current last sale is 96.06% of the target price of $18. Bristol-Myers Squibb Company (BMY) is unchanged at $65.89, with 3,355,423 shares traded. BMY's current last sale is 92.15% of the target price of $71.5. Block, Inc. (SQ) is unchanged at $102.29, with 3,186,289 shares traded. As reported by Zacks, the current mean recommendation for SQ is in the ""buy range"". Exelon Corporation (EXC) is unchanged at $43.02, with 2,584,006 shares traded. EXC's current last sale is 78.22% of the target price of $55. Uber Technologies, Inc. (UBER) is -0.33 at $38.01, with 2,228,414 shares traded.UBER is scheduled to provide an earnings report on 2/9/2022, for the fiscal quarter ending Dec2021. The consensus earnings per share forecast is -0.33 per share, which represents a -54 percent increase over the EPS one Year Ago Invesco QQQ Trust, Series 1 (QQQ) is +0.32 at $359.44, with 2,223,888 shares traded. This represents a 20.84% increase from its 52 Week Low. Lyft, Inc. (LYFT) is -1.81 at $39.39, with 1,870,994 shares traded. Smarter Analyst Reports: Elastic Continues to Dip Despite Excellent Q2 Results The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-02-09,41.8193,42.1339,41.2185,41.2761,
EXC,2022-02-10,40.894,41.577,40.6518,40.7338,"Thursday's ETF with Unusual Volume: FXU The First Trust Utilities AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Thursday, with over 765,000 shares traded versus three month average volume of about 44,000. Shares of FXU were off about 1.1% on the day. Components of that ETF with the highest volume on Thursday were Pacific Gas & Electric, trading down about 3.9% with over 16.3 million shares changing hands so far this session, and Exelon, up about 0.2% on volume of over 4.8 million shares. Sunrun is the component faring the best Thursday, up by about 1.2% on the day. Sponsored Links Burnt out? Take These 3 Steps Wharton Executive Education Read More VIDEO: Thursday's ETF with Unusual Volume: FXU The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-02-11,40.811,41.4119,40.6859,40.8208,
EXC,2022-02-14,40.9567,41.0348,39.9971,40.8892,
EXC,2022-02-15,41.0151,41.1891,40.1428,40.4436,"Tuesday Sector Laggards: Energy, Utilities Looking at the sectors faring worst as of midday Tuesday, shares of Energy companies are underperforming other sectors, showing a 1.0% loss. Within the sector, Occidental Petroleum Corp (Symbol: OXY) and Pioneer Natural Resources Co (Symbol: PXD) are two large stocks that are lagging, showing a loss of 3.7% and 3.0%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is down 1.1% on the day, and up 22.49% year-to-date. Occidental Petroleum Corp, meanwhile, is up 37.00% year-to-date, and Pioneer Natural Resources Co is up 19.46% year-to-date. Combined, OXY and PXD make up approximately 7.0% of the underlying holdings of XLE. The next worst performing sector is the Utilities sector, showing a 0.4% loss. Among large Utilities stocks, Southern Company (Symbol: SO) and Exelon Corp (Symbol: EXC) are the most notable, showing a loss of 1.2% and 1.0%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 0.4% in midday trading, and down 7.53% on a year-to-date basis. Southern Company, meanwhile, is down 5.15% year-to-date, and Exelon Corp is up 1.36% year-to-date. Combined, SO and EXC make up approximately 12.3% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday. As you can see, seven sectors are up on the day, while two sectors are down. SECTOR % CHANGE Technology & Communications +2.1% Materials +2.0% Services +1.8% Financial +1.6% Industrial +1.6% Consumer Products +1.2% Healthcare +1.2% Utilities -0.4% Energy -1.0% 25 Dividend Giants Widely Held By ETFs » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-02-16,40.6566,40.9713,40.2688,40.6947,
EXC,2022-02-17,40.5501,40.6996,40.1428,40.4533,
EXC,2022-02-18,40.6859,40.6859,40.1574,40.3372,
EXC,2022-02-22,40.4339,40.6566,40.0753,40.3557,
EXC,2022-02-23,40.4241,40.5882,39.5369,39.6971,"VPU, EXC, AEP, SRE: Large Inflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Utilities ETF (Symbol: VPU) where we have detected an approximate $209.6 million dollar inflow -- that's a 4.1% increase week over week in outstanding units (from 35,612,132 to 37,066,958). Among the largest underlying components of VPU, in trading today Exelon Corp (Symbol: EXC) is down about 0.9%, American Electric Power Co Inc (Symbol: AEP) is down about 0.8%, and Sempra (Symbol: SRE) is lower by about 0.8%. For a complete list of holdings, visit the VPU Holdings page » The chart below shows the one year price performance of VPU, versus its 200 day moving average: Looking at the chart above, VPU's low point in its 52 week range is $128.07 per share, with $156.94 as the 52 week high point — that compares with a last trade of $143.11. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-02-24,39.9023,40.4495,39.1891,40.3518,"ANALYSIS-Already in peril, Biden climate agenda faces U.S. Supreme Court test By Lawrence Hurley and Valerie Volcovici WASHINGTON, Feb 24 (Reuters) - President Joe Biden's climate-related agenda, already under threat due to congressional failure to pass key legislation, now faces the prospect of a hostile reception at the U.S. Supreme Court that could have lasting consequences on the use of federal power to tackle environmental issues. The court's 6-3 conservative majority, suspicious of broad federal agency power, will weigh at oral arguments next Tuesday the Environmental Protection Agency's (EPA) authority to regulate greenhouse gas emissions from existing coal- and gas-fired power plants under the landmark Clean Air Act. An eventual ruling restricting EPA authority could hobble the administration's ability to curb the power sector's emissions - representing about a quarter of U.S. greenhouse gases. ""Could it be damaging? If it's an adverse decision, of course it could be,"" John Kerry, the Biden administration's special envoy on climate change, told Reuters. The United States, trailing only China in greenhouse gas emissions, is a crucial player in global efforts to combat climate change. The case before the Supreme Court was brought by Republican-led states led by coal producer West Virginia. Other challengers include coal companies and coal-friendly industry groups. Coal is among the most greenhouse gas-intensive fuels. Democratic-led states and major power companies including Consolidated Edison IncED.N, Exelon Corp EXC.O and PG&E Corp PCG.N sided with Biden's administration, as did the Edison Electric Institute, an investor-owned utility trade group. The utility industry believes regulatory certainty will help companies devise investment plans. The justices will review the U.S. Court of Appeals for the District of Columbia Circuit's 2021 ruling striking down Republican former President Donald Trump's Affordable Clean Energy rule. That regulation would have imposed limits on a Clean Air Act provision called Section 111 that gives the EPA authority to regulate emissions from existing power plants. The rule proposed by Trump, a supporter of the U.S. coal industry who also questioned climate change science, was meant to replace Democratic former President Barack Obama's Clean Power Plan requiring big cuts in carbon emissions from the power industry. The Supreme Court blocked implementation of the Clean Power Plan in 2016 without ruling on its lawfulness. Coal-aligned groups now want the justices to rule that Biden's administration cannot take a sweeping approach to regulating carbon emissions under Section 111. Such a decision would prevent the EPA from enforcing industry-wide changes, confining it to measures targeting individual plants. That would be a huge blow for Biden's administration, which has a goal of decarbonizing the U.S. power sector by 2035. The White House's incentive-base proposal to achieve that goal was rejected in Congress during budget and infrastructure legislation negotiations. INDIRECT CURBS? The Supreme Court already has shown hostility to broad agency actions, most recently on Jan. 13 by blocking Biden's COVID-19 vaccine-or-test mandate for large employers. The court said congressional authorization was required for any policy imposing ""a significant encroachment on the lives - and health - of a vast number of employees."" The court previously has cited what is called the ""major questions"" doctrine in blocking other government actions, including a 2014 ruling limiting an earlier EPA regulation aimed at reducing carbon emissions from new plants. The challengers in the latest case are making similar arguments that Congress did not explicitly empower the EPA to issue sweeping regulations under Section 111. ""Major policy choices affecting the national economy should not be made by unelected agency officials,"" lawyers for the North American Coal Corporation, one of the challengers, wrote in court papers. The court could stop short of a ""serious check"" on the power of the EPA and other federal agencies while reaching ""a more technical result that says something along the lines of 'you can't do ambitious climate policy under Section 111,'"" said University of South Carolina law professor Nathan Richardson. The justices also could dismiss the appeal altogether if they conclude the challengers lack proper legal standing considering there is no regulation currently on the books. If Biden's administration loses the case, Congress would need to pass new legislation for the government to impose sweeping climate-related regulations - an unlikely prospect in the near-term given the deep divisions among lawmakers. Climate experts have said the EPA meanwhile could attempt to regulate carbon emissions from power plants indirectly by ramping up efforts to curb other air pollutants like soot that tend to rise and fall with carbon dioxide, or by requiring efficiency upgrades. Biden's administration also could seek action from other agencies and departments like fast-tracking electric transmission projects that could connect far-flung solar and wind farms to consumers. ""A number of different agencies have pieces of the decarbonization puzzle,"" said Kyle Danish, a lawyer who represents companies on environmental issues. Such efforts on their own are insufficient to reach the administration's emission-reduction targets, which is why broad EPA authority to regulate power plants remains important, said David Doniger, a lawyer at the Natural Resources Defense Council, one of the environmental groups that challenged Trump's rule. ""The target that they set is not going to be achieved by a silver bullet,"" Doniger said. ""It's going to be a lot of silver buckshot."" Democrats file brief backing EPA in U.S. Supreme Court climate case U.S. Supreme Court to hear bid to curb federal power to limit carbon emissions (Reporting by Lawrence Hurley and Valerie Volcovici in Washington; Additional reporting by Aidan Lewis in Cairo; Editing by Will Dunham) ((lawrence.hurley@thomsonreuters.com; Twitter: @lawrencehurley)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-02-25,40.3909,41.7002,40.342,41.622,"Is Invesco S&P 500 Equal Weight Utilities ETF (RYU) a Strong ETF Right Now? Launched on 11/01/2006, the Invesco S&P 500 Equal Weight Utilities ETF (RYU) is a smart beta exchange traded fund offering broad exposure to the Utilities/Infrastructure ETFs category of the market. What Are Smart Beta ETFs? Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry. Market cap weighted indexes work great for investors who believe in market efficiency. They provide a low-cost, convenient and transparent way of replicating market returns. On the other hand, some investors who believe that it is possible to beat the market by superior stock selection opt to invest in another class of funds that track non-cap weighted strategies--popularly known as smart beta. Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance. The smart beta space gives investors many different choices, from equal-weighting, one of the simplest strategies, to more complicated ones like fundamental and volatility/momentum based weighting. However, not all of these methodologies have been able to deliver remarkable returns. Fund Sponsor & Index RYU is managed by Invesco, and this fund has amassed over $218.11 million, which makes it one of the average sized ETFs in the Utilities/Infrastructure ETFs. This particular fund, before fees and expenses, seeks to match the performance of the S&P 500 Equal Weight Telecommunication Services & Utilities Index. The S&P 500 Equal Weight Telecommunication Services & Utilities Index equally weights stocks found in the utilities and telecommunication services sectors of the S&P 500 Index. Cost & Other Expenses Expense ratios are an important factor in the return of an ETF and in the long-term, cheaper funds can significantly outperform their more expensive cousins, other things remaining the same. Annual operating expenses for this ETF are 0.40%, making it one of the cheaper products in the space. It has a 12-month trailing dividend yield of 2.58%. Sector Exposure and Top Holdings Most ETFs are very transparent products, and disclose their holdings on a daily basis. ETFs also offer diversified exposure, which minimizes single stock risk, though it's still important for investors to research a fund's holdings. RYU's heaviest allocation is in the Utilities sector, which is about 100% of the portfolio. When you look at individual holdings, Edison International (EIX) accounts for about 3.96% of the fund's total assets, followed by Exelon Corp (EXC) and Aes Corp/the (AES). The top 10 holdings account for about 37.5% of total assets under management. Performance and Risk Year-to-date, the Invesco S&P 500 Equal Weight Utilities ETF has lost about -5.97% so far, and it's up approximately 13.02% over the last 12 months (as of 02/25/2022). RYU has traded between $93.39 and $114.16 in this past 52-week period. The fund has a beta of 0.46 and standard deviation of 24.91% for the trailing three-year period, which makes RYU a medium risk choice in this particular space. With about 29 holdings, it has more concentrated exposure than peers. Alternatives Invesco S&P 500 Equal Weight Utilities ETF is a reasonable option for investors seeking to outperform the Utilities/Infrastructure ETFs segment of the market. However, there are other ETFs in the space which investors could consider. Vanguard Utilities ETF (VPU) tracks MSCI US Investable Market Utilities 25/50 Index and the Utilities Select Sector SPDR ETF (XLU) tracks Utilities Select Sector Index. Vanguard Utilities ETF has $5.31 billion in assets, Utilities Select Sector SPDR ETF has $12.90 billion. VPU has an expense ratio of 0.10% and XLU charges 0.10%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Utilities/Infrastructure ETFs. Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Invesco S&P 500 Equal Weight Utilities ETF (RYU): ETF Research Reports Exelon Corporation (EXC): Free Stock Analysis Report Edison International (EIX): Free Stock Analysis Report The AES Corporation (AES): Free Stock Analysis Report Utilities Select Sector SPDR ETF (XLU): ETF Research Reports Vanguard Utilities ETF (VPU): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-02-28,41.1823,41.8662,40.938,41.5829,"[""Atlantica Yield (AY) Reports Q4 Loss, Lags Revenue Estimates Atlantica Yield (AY) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of $0.11. This compares to loss of $0.47 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -190.91%. A quarter ago, it was expected that this owner of electric power assets would post earnings of $0.69 per share when it actually produced a loss of $0.10, delivering a surprise of -114.49%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Atlantica Yield, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $271.33 million for the quarter ended December 2021, missing the Zacks Consensus Estimate by 1.10%. This compares to year-ago revenues of $244.53 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Atlantica Yield shares have lost about 6.8% since the beginning of the year versus the S&P 500's decline of -8%. What's Next for Atlantica Yield? While Atlantica Yield has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Atlantica Yield: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.16 on $283.02 million in revenues for the coming quarter and $1.17 on $1.24 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the bottom 18% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Exelon (EXC), has yet to report results for the quarter ended December 2021. This energy company is expected to post quarterly earnings of $0.85 per share in its upcoming report, which represents a year-over-year change of +11.8%. The consensus EPS estimate for the quarter has been revised 29.8% lower over the last 30 days to the current level. Exelon's revenues are expected to be $7.8 billion, down 3.9% from the year-ago quarter. Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top buy-and-hold tickers for the entirety of 2022? Last year's 2021 Zacks Top 10 Stocks portfolio returned gains as high as +147.7%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don\u2019t miss your chance to get in on these long-term buys Access Zacks Top 10 Stocks for 2022 today >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Atlantica Yield PLC (AY): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Supreme Court justices question U.S. power to curb carbon emissions By Lawrence Hurley and Valerie Volcovici WASHINGTON, Feb 28 (Reuters) - Conservative U.S. Supreme Court justices on Monday appeared skeptical of the federal government's authority to issue sweeping regulations to reduce carbon emissions from power plants in a case that could undermine President Joe Biden's plans to tackle climate change. The court, whose 6-3 conservative majority has shown wariness toward broad federal agency actions, was weighing the Environmental Protection Agency's (EPA) authority to regulate greenhouse gas emissions from existing coal- and gas-fired power plants under the landmark Clean Air Act. Although some justices questioned the EPA's power in an abstract sense, it remained unclear how they would rule, as lawyers representing the EPA and power companies pushed back against a decision that would prevent the agency from issuing any regulation that went \""outside the fenceline\"" - meaning beyond restrictions on individual plants. An eventual ruling restricting the EPA's authority could hamstring the administration's ability to curb the power sector's emissions - representing about a quarter of U.S. greenhouse gases. The United States, behind only China in greenhouse gas emissions, is a pivotal player in efforts to combat climate change on a global basis. Conservative Justice Samuel Alito indicated that any broad assertion of authority sought by the EPA would constitute a \""major question\"" that under court precedent requires Congress to have expressly authorized it. \""You are claiming that the interpretation gives you the authority to set industrial policy and energy policy and balance such things as jobs, economic impact, the potentially catastrophic effects of climate change as well as costs,\"" Alito told U.S. Solicitor General Elizabeth Prelogar, representing Biden's administration. The Supreme Court is reviewing the U.S. Court of Appeals for the District of Columbia Circuit's 2021 decision striking down Republican former President Donald Trump's Affordable Clean Energy rule. That regulation would have imposed limits on a Clean Air Act provision called Section 111 that provides the EPA authority to regulate emissions from existing power plants. The United Nations earlier in the day released a 3,675-page report urging global action to combat climate change. Outside the Supreme Court, a small group of demonstrators carried signs reading \""Protect the Clean Air Act.\"" The case was pursued by Republican-led states led by coal producer West Virginia. Other challengers include coal companies and coal-friendly industry groups. Coal is among the most greenhouse gas-intensive fuels. Democratic-led states and major power companies including Consolidated Edison IncED.N, Exelon Corp EXC.O and PG&E Corp PCG.N sided with Biden's administration, as did the Edison Electric Institute, an investor-owned utility trade group. During the argument, their lawyer Beth Brinkmann, stressed the value of flexibility that would allow for some \""outside the fenceline\"" regulation, including authorization of emissions trading between plants. That argument seemed to draw some interest from the bench, including conservative Justice Clarence Thomas. \""I don't know how you can draw such clean distinctions,\"" Thomas told Yaakov Roth, a lawyer representing coal companies. Liberal Justice Elena Kagan said that \""inside the fenceline\"" regulations can be just as onerous on coal plants as a more industry-wide rule. \""Reform can be very small or can be catastrophic. There are 'inside the fence' technological fixes that could drive the entire coal industry out of business tomorrow, and an 'outside the fence' rule could be very small, or it could be very large,\"" Kagan said. The rule proposed by Trump, a supporter of the U.S. coal industry who also questioned climate change science, was meant to supplant Democratic former President Barack Obama's Clean Power Plan mandating major reductions in carbon emissions from the power industry. The Supreme Court blocked Clean Power Plan implementation in 2016 without ruling on its lawfulness. Coal-aligned groups want the justices to rule that Biden's administration cannot take a sweeping approach to regulating carbon emissions under Section 111. Such a decision would prevent the EPA from enforcing industry-wide changes, limiting it to actions targeting individual plants. That would be a blow for the administration, which wants the U.S. power sector decarbonized by 2035. If Biden's administration loses the case, Congress would need to pass new legislation for the government to impose sweeping climate-related regulations - unlikely given congressional divisions. Prelogar said the EPA will unveil a proposed new regulation by the end of the year, which would likely come after the Supreme Court's ruling - expected by the end of June. UN climate report urges world to adapt now, or suffer later ANALYSIS-Already in peril, Biden climate agenda faces U.S. Supreme Court test Democrats file brief backing EPA in U.S. Supreme Court climate case U.S. Supreme Court to hear bid to curb federal power to limit carbon emissions (Reporting by Lawrence Hurley; Additional reporting by Valerie Volcovici; Editing by Will Dunham) ((lawrence.hurley@thomsonreuters.com; Twitter: @lawrencehurley)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-03-01,41.0358,41.6659,40.9087,41.2605,"Exelon's (EXC) 2021 Earnings and Revenues Beat Estimates Exelon Corporation’s EXC 2021 earnings of $2.82 per share surpassed the Zacks Consensus Estimate of $2.55 by 10.6%. The bottom line, however, decreased 12.4% from the year-ago earnings of $3.22 per share. The year-over-year decline in earnings was primarily due to adverse impacts of February 2021 extreme cold weather, and higher net unrealized and realized losses on equity investments. On a GAAP basis, 2021 earnings were $1.74 per share compared with $2.01 in 2020. Total Revenues Exelon's 2022 total revenues of $36.3 billion surpassed the Zacks Consensus Estimate of $34.8 billion by 4.3%. The top line also improved nearly 10% from the year-ago figure of $33.1 billion. Exelon Corporation Price, Consensus and EPS Surprise Exelon Corporation price-consensus-eps-surprise-chart | Exelon Corporation Quote Highlights of the Release Exelon's 2021 total operating expenses increased nearly 11.6% year over year to $33.8 billion. The increase was due to a rise in purchased power and fuel expenses. Interest expenses in 2021 were $1.5 billion, down 4% from the year-ago quarter. Planned Separation On Feb 1, 2022, Exelon and Constellation Energy Corp. became two separate entities as planned. Exelon will focus solely on transmission and distribution operations, and Constellation Energy will concentrate on power generation and the competitive energy business. Financial Highlights Cash and cash equivalents were $1,182 million as of Dec 31, 2021 compared with $663 million as of Dec 31, 2020,. Long-term debt was $35,324 million as of Dec 31, 2021 compared with $35,093 million as of Dec 31, 2020.. Cash provided from operating activities for 2021 was $3,012 million compared with $4,235 million in 2020. Guidance Exelon expects its 2022 earnings guidance in the range of $2.18-$2.32 per share. The midpoint of the revised guided range is $2.25, lower than the Zacks Consensus Estimate of $2.64 per share for the period. Exelon has plans to invest $29 billion in the 2022-2025 time period to further strengthen its electric transmission and distribution as well as gas delivery infrastructure. Exelon expects earnings and dividend per share (subject to board’s approval) to increase in the range of 6-8% through 2025. Zacks Rank Exelon has a Zacks Rank #5 (Strong Sell) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Other Releases NextEra Energy NEE reported fourth-quarter 2021 operating earnings per share of 41 cents, which surpassed the Zacks Consensus Estimate of 40 cents by 2.5%. NextEra Energy’s long-term (three to five) earnings growth is projected at 8.8%. The Zacks Consensus Estimate for NEE’s 2022 earnings indicates year-over-year growth of 8.6%. Dominion Energy Inc. D reported fourth-quarter 2021 operating earnings of 90 cents per share, on par with the Zacks Consensus Estimate. Dominion’s long-term earnings growth is projected at 6.6%. The Zacks Consensus Estimate for D’s 2022 earnings indicates year-over-year growth of 6.7%. AVANGRID, Inc. AGR reported fourth-quarter 2021 earnings of 44 cents per share, beating the Zacks Consensus Estimate of 39 cents by 12.8%. AVANGRID’s long-term earnings growth is projected at 7.7%. The Zacks Consensus Estimate for AGR’s 2023 earnings indicates year-over-year growth of 13.9%. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report Avangrid, Inc. (AGR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-03-02,41.2898,42.0371,41.1725,41.7783,
EXC,2022-03-03,41.8174,42.3108,41.7832,42.1398,
EXC,2022-03-04,41.8955,43.2633,41.5634,43.2633,
EXC,2022-03-07,43.1559,43.703,42.7651,42.8237,
EXC,2022-03-08,43.1462,43.2732,42.1055,42.4915,"U.S. ban on Russian energy imports does not include uranium -source By Trevor Hunnicutt and Ernest Scheyder WASHINGTON, March 8 (Reuters) - U.S. President Joe Biden's ban on American imports of Russian oil and other energy products, announced on Tuesday, does not include a ban on imports of uranium for nuclear power plants, a source familiar with the matter said. The U.S. power industry relies on Russian and its allies Kazakhstan and Uzbekistan for roughly half of the uranium powering its nuclear power plants. The industry has been lobbying the White House to continue to allow uranium imports from Russia despite Moscow's invasion of neighboring Ukraine. There is no U.S. uranium production or processing, though several companies have said they would like to resume domestic production in Texas or Wyoming if nuclear power producers sign long-term supply contracts. A White House document released after Biden announced the oil ban and summarizing the Russian sanctions did not mention uranium, confirming reporting from Reuters. Russia's uranium production is controlled by Rosatom, a state-run company formed by Russian President Vladimir Putin in 2007. The company is an important source of revenue for Moscow, and exempting U.S. uranium imports is likely to fuel continued questions about how American businesses are financially supporting Russia's economy. The National Energy Institute (NEI), a trade group of U.S. nuclear power generators, did not immediately respond to a request for comment, nor did Duke Energy Corp DUK.N and Constellation EnergyCorp CEGVV.O, two of the largest U.S. power generators. The U.S. Congress has been paying more attention to Russia's prowess as a global producer of uranium and other metals. ""We need to look at alternative sources (for uranium), including in the United States,"" Senator Dan Sullivan, an Alaska Republican, told Reuters on the sidelines of the CERAWeek energy conference in Houston this week. U.S. Energy Secretary Jennifer Granholm, whose department overseas parts of the American nuclear industry, is slated to address the conference on Wednesday. EXCLUSIVE-U.S. utilities push White House not to sanction Russian uranium Biden bans Russia oil imports to U.S., warns U.S. gasoline prices will rise further (Reporting by Trevor Hunnicutt in Washington and Ernest Scheyder in Houston; Editing by David Gregorio) ((ernest.scheyder@thomsonreuters.com; Twitter: @ErnestScheyder; +1-713-210-8512; Reuters Messaging: ernest.scheyder.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-03-09,42.7357,42.9117,42.262,42.5502,
EXC,2022-03-10,42.3157,42.7993,42.1496,42.5989,
EXC,2022-03-11,43.2243,43.3806,42.5892,42.6283,
EXC,2022-03-14,42.6967,43.107,42.5159,42.5795,
EXC,2022-03-15,42.8824,43.0045,42.2765,42.7553,
EXC,2022-03-16,42.638,43.0778,41.7297,42.4427,
EXC,2022-03-17,42.472,42.7407,42.3108,42.4524,
EXC,2022-03-18,42.3157,42.5305,41.876,42.257,
EXC,2022-03-21,42.2961,42.7065,42.218,42.6576,"7 Utility Stocks to Buy as Inflation’s Grip Tightens InvestorPlace - Stock Market News, Stock Advice & Trading Tips Well before the shattering of the modern global order, inflation represented a massive problem. From pain at the pump to sticker shock at the grocery aisle, prices only seemed to have one direction, up. With the Russian invasion of Ukraine, the fragility of the economic recovery became cruelly exposed. Still, if there’s one sector that should survive and possibly thrive, it’s utility stocks. Underlining this market segment is its indispensability. You can go without your caramel-flavored double-shot latte at a trendy coffee shop. But you can’t go without electricity. When you flip on the switch, you expect something to happen. Similarly, when you push down on the handle following usage of the facilities, you expect the material to go away. That’s the beauty of utility stocks: You don’t really think about them until you need to. And under the current circumstances, there’s going to be a lot of thinking going on. True, utility stocks are not without risks. However, since we can’t live without the underlying businesses, they’ll be the last to suffer personal budget cuts. It’s cynical but that’s reality. 9 Gold Stocks to Buy as Global Fears Rise If you’re looking for utility stocks to buy, here are seven to keep on your radar: NextEra Energy (NYSE:NEE) Exelon (NASDAQ:EXC) Duke Energy (NYSE:DUK) Sempra Energy (NYSE:SRE) Dominion Energy (NYSE:D) Essential Utilities (NYSE:WTRG) Waste Management (NYSE:WM) Utility Stocks to Buy: NextEra Energy (NEE) Source: madamF / Shutterstock.com Specializing in renewable energy infrastructures, NextEra Energy has lone been relevant as the political climate started pivoting to sustainable solutions. True, some of the policies under former President Donald Trump’s administration may have dragged the impetus toward climate-friendly initiatives, but President Joe Biden’s White House appears (at least on paper) determined to bring ecologically responsible policies to the forefront. But nothing gets the wheels moving like desperation, which is why NextEra Energy may be one of the winners among utility stocks. Admittedly, on a year-to-date basis, NEE distracts with a double-digit loss at the time of writing. However, as a Bloomberg reporter pointed out, Russia’s dangerously destabilizing decision to invade Ukraine brought heightened urgency to renewable infrastructure. Should projects like wind and solar power become more integrated with modern societies, this could potentially lessen exposure of western countries to those with questionable profiles, to put it diplomatically. Therefore, NEE might be a long-term idea among utility stocks to consider for patient investors. Exelon (EXC) Source: photosounds / Shutterstock.com Back in the spring of 2021, the Chicago Tribune reported that Exelon lost nearly $300 million in the first quarter of that year. Of course, the company blamed the Texas cold snap, a tragic event that took innocent lives and left others reeling. It’s a terrible circumstance that Texans are not likely to forget anytime soon. However, the freak weather event is also a lesson in the vitality of utility stocks. In another Chicago Tribune article, the news agency laid out its case for why Exelon contributed to Texas’ power nightmare. Let’s face it, EXC is not the first among utility stocks to generate controversy, nor will it be the last. 7 Stable Energy Stocks for Uncertain Times But the overriding issue is that utility stocks are indispensable. In many areas, no other alternatives exist, meaning that the money is going to flow in no matter what. Unsurprisingly, then, EXC is positive on a YTD basis and is up 42% during the trailing year. Utility Stocks to Buy: Duke Energy (DUK) Source: Jonathan Weiss / Shutterstock.com A classic go-to when discussing utility stocks to buy, Duke Energy brings a lot to like to the table. Acquiring shares gets you access to its 3.8% dividend yield. With stability at a high premium, that yield is worth much more under the context of the current market environment. In addition, I like that Duke Energy covers the eastern states, namely the Carolinas, Florida, Ohio, Kentucky and Indiana. As multiple agencies have covered, the Carolinas represent popular millennial destination spots for cost of living and other reasons. Most importantly, Duke is a stalwart among utility stocks with a proven track record. In 2020, revenue understandably dipped 5% against 2019’s result, but the company was back on track in 2021 with pre-pandemic norms. As well, net income last year was $3.9 billion, up 4% from 2019’s tally. Sempra Energy (SRE) Source: Michael Vi / Shutterstock.com Sempra Energy is so fundamental to California that it’s essentially a tax to those that live in the southern regions of the Golden State. I would know personally, because I just got hit hard by Sempra, even though I didn’t do anything differently. That’s because Sempra Energy and its subsidiaries collectively form a powerful political lobby. Therefore, it’s no stranger to controversy. But the fact is, there’s nothing regular people can do about it. When you flip the switch and nothing happens, that’s dangerous for society. 7 Safe Investments for Seniors to Consider in 2022 Yes, I’m taking the narrative of SRE to a rather gloomy area. But here’s the point: we already live in gloomy times. Yet that’s no excuse to not pay the bills, which is why utility stocks are cynically viable. Utility Stocks to Buy: Dominion Energy (D) Source: Felix Mizioznikov / Shutterstock.com A solid idea for those seeking more protection than capital gains, Dominion Energy is up around 12% over the trailing year. Further, it provides a dividend yield of 3.3%. That’s a bit below the average yield for utility stocks of 3.75%. Still, the combination of reliability and passive income may be too good for some investors to pass up. What I really like about D stock, though, is its coverage area. Focusing on services in Virginia and North Carolina, Dominion is putting its eggs in a very viable basket. Virginia’s population grew 7.9% between 2010 and 2020, a slightly faster pace than the rest of the nation. We might continue to see positive growth considering the ridiculous cost of living in other trendy states. As for North Carolina, it too is growing, adding 112,000 people (a gain of 1.1%) between April 2020 and July 2021. With utility stocks, you want to invest longer term in names that are experiencing a widening consumer base, which is a major selling point for Dominion. Essential Utilities (WTRG) Source: HQuality / Shutterstock.com While many discussions on utility stocks tend to focus on power delivery, it’s important not to forget about our most precious resource, water. Indeed, with drought impacting many states, particularly in the southwest region, water resources and services will likely command a premium. What’s worse, Californians are saving less water even as drought conditions worsen, per the Los Angeles Times. Whether you live in California or not is besides the point. Broadly speaking, it comes down to basic economic principles, supply and demand. Thus, I’m bullish on Essential Utilities if only for purely cynical reasons. 7 Sports Betting Stocks to Buy as March Madness Tips Off Providing drinking water and wastewater treatment, Essential Utilities has stakes in Pennsylvania, Ohio, North Carolina, Illinois, Texas, New Jersey, Indiana and Virginia. From an investor’s perspective, we have a delightful combination: states that benefit from strong migration patterns and the delivery of a commodity that no one can live without. Utility Stocks to Buy: Waste Management (WM) Source: rblfmr / Shutterstock.com Before you get ready to fire up an email, Waste Management might not technically qualify as belonging to a list of utility stocks. Typically, utilities deal with businesses delivering something to you, mostly power and water. Waste Management is a business that takes stuff away from you. Still, it’s the stuff that you don’t want nor need, making WM a critical public service. From an environmental point of view, Waste Management the company and the concept will only grow in importance. Per Frontier Group, in 2018 alone, “the U.S. threw out over 292 million tons of municipal solid waste (MSW) — the materials discarded by homes, businesses and institutions, such as universities and libraries. Americans throw out 4.9 pounds of trash per person every day — that’s nearly 1,800 pounds of materials per American every year.” That garbage doesn’t just disappear to some magical place. With more people throwing more stuff away, WM is almost guaranteed to be a viable investment. On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. The post 7 Utility Stocks to Buy as Inflation’s Grip Tightens appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-03-22,42.8041,42.9801,42.3548,42.6283,
EXC,2022-03-23,42.6186,42.9995,42.0616,42.6967,"Trimble (TRMB) & Qualcomm Unite for Trimble RTX GNSS Technology Trimble TRMB extended its relationship with Qualcomm Technologies QCOM to provide enhanced location functionalities to Snapdragon-based Android smartphones. Trimble’s correction services solution, Trimble RTX GNSS technology, will be integrated in Snapdragon 8 Gen 1 and Snapdragon 888 Mobile Platforms. This integration will help smartphone manufacturers, service providers and application developers using Snapdragon to deliver high-quality and meter-level accuracy to mobile users. Thus, the latest move highlights the robustness of Trimble RTX GNSS technology, which shows high accuracy locations based on satellite orbit and clock information. Further, the recent alliance is in sync with Trimble’s existing partnership with Qualcomm to offer positioning solutions powered by high precision capabilities, used for connected vehicles, advanced driver assistance systems and autonomous driving solutions. Trimble Inc. Price and Consensus Trimble Inc. price-consensus-chart | Trimble Inc. Quote Growing Partnerships Apart from the latest collaboration, the company partnered with Ferguson’s FERG subsidiary, Ferguson Waterworks, to benefit the latter’s municipal and utility customers. The partnership enabled Ferguson's customers to access Trimble’s digital water solutions besides its other existing water solutions. Ferguson customers were also equipped with Trimble’s handheld GNSS receivers and Cityworks asset management software to collect data for digitizing their systems to improve the visibility of assets. Additionally, Trimble joined forces with Exelon’s EXC water analytics service company, Acquify, wherein the latter utilizes the company’s Internet of Things and remote water monitoring technologies to expand its services for the U.S.water utilities. EXC’s Acquify leverages Trimble Unity software and Telog remote monitoring technology. By combining Trimble’s technologies with its own, Acquify eliminates the complexities related to technology deployment and management, thereby helping utilities focus on infrastructure and sustainability challenges. Further, the company collaborated with Infotech. Per the terms of the alliance, the latter’s Mobile Inspector Measure Service application is leveraging the Trimble Access field software to ensure accuracy in the measurement of civil infrastructure projects, including Federal and State Department of Transportation projects. Portfolio Strength Trimble’s growing partnerships are attributed to its efficient and reliable portfolio of solutions. The company has been making strong efforts to strengthen product offerings. Further, the company keeps bringing advanced technological solutions to better serve its customers. TRMB recently introduced latest versions of Tekla software solutions – Tekla Structures 2022, Tekla Structural Designer 2022, Tekla Tedds 2022 and Tekla PowerFab 2022. With these solutions, the company aims to advance the constructible process. Additionally, it made advancements to the Trimble Earthworks Grade Control Platform for Soil Compactors with the Horizontal Steering Control capability. It also unveiled a mixed-reality solution named FieldLink MR app in a bid to make construction layout faster. Further, the company carrying a Zacks Rank #3 (Hold) acquired the U.S.-based AgileAssets to provide sustainability to customers’ assets at lower costs across the complete lifecycle of assets. The acquisition has added strength to Trimble’s portfolio of civil infrastructure software solutions. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Investor Alert: Legal Marijuana Looking for big gains? Now is the time to get in on a young industry primed to skyrocket from $13.5 billion in 2021 to an expected $70.6 billion by 2028. After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could kick start an even greater bonanza for investors. Zacks Investment Research has recently closed pot stocks that have shot up as high as +147.0%. You’re invited to immediately check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential. Today, Download Marijuana Moneymakers FREE >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report QUALCOMM Incorporated (QCOM): Free Stock Analysis Report Trimble Inc. (TRMB): Free Stock Analysis Report Wolseley PLC (FERG): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-03-24,42.8335,43.5467,42.7749,43.449,
EXC,2022-03-25,43.449,44.4993,43.4002,44.4652,"Friday 3/25 Insider Buying Report: WE, EXC Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys. On Tuesday, WeWork's Chief Executive Officer, Sandeep Mathrani, made a $196,500 buy of WE, purchasing 30,000 shares at a cost of $6.55 each. Mathrani was up about 7.8% on the purchase at the high point of today's trading session, with WE trading as high as $7.06 at last check today. WeWork is trading down about 3.1% on the day Friday. Before this latest buy, Mathrani made one other buy in the past year, purchasing $250,333 shares at a cost of $8.46 a piece. And also on Tuesday, Director William P. Bowers purchased $196,020 worth of Exelon, purchasing 4,500 shares at a cost of $43.56 a piece. This buy marks the first one filed by Bowers in the past twelve months. Exelon is trading up about 1.3% on the day Friday. So far Bowers is in the green, up about 3.5% on their purchase based on today's trading high of $45.07. VIDEO: Friday 3/25 Insider Buying Report: WE, EXC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-03-28,44.5336,44.9732,44.2795,44.9634,"Monday Sector Leaders: Utilities, Healthcare Looking at the sectors faring best as of midday Monday, shares of Utilities companies are outperforming other sectors, higher by 0.2%. Within the sector, NRG Energy Inc (Symbol: NRG) and Exelon Corp (Symbol: EXC) are two large stocks leading the way, showing a gain of 1.5% and 0.7%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.3% on the day, and up 2.60% year-to-date. NRG Energy Inc, meanwhile, is down 11.93% year-to-date, and Exelon Corp is up 12.09% year-to-date. Combined, NRG and EXC make up approximately 5.2% of the underlying holdings of XLU. The next best performing sector is the Healthcare sector, higher by 0.1%. Among large Healthcare stocks, Moderna Inc (Symbol: MRNA) and Intuitive Surgical Inc (Symbol: ISRG) are the most notable, showing a gain of 2.5% and 2.1%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is up 0.1% in midday trading, and down 2.88% on a year-to-date basis. Moderna Inc, meanwhile, is down 33.07% year-to-date, and Intuitive Surgical Inc, is down 18.52% year-to-date. Combined, MRNA and ISRG make up approximately 3.2% of the underlying holdings of XLV. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, two sectors are up on the day, while six sectors are down. SECTOR % CHANGE Utilities +0.2% Healthcare +0.1% Technology & Communications 0.0% Consumer Products -0.3% Industrial -0.4% Services -0.7% Financial -0.7% Materials -0.9% Energy -2.6% 25 Dividend Giants Widely Held By ETFs » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-03-29,44.9489,45.9405,44.9489,45.9112,
EXC,2022-03-30,45.8721,46.1651,45.7158,46.1457,
EXC,2022-03-31,46.3118,46.9273,46.2238,46.5364,
EXC,2022-04-01,46.5071,46.727,46.1995,46.5658,"After Hours Most Active for Apr 1, 2022 : PBCT, MTDR, CPT, VIR, HOOD, WIT, MPC, EMBC, EXC, QQQ, BKD, BCS The NASDAQ 100 After Hours Indicator is down -12.94 to 14,848.27. The total After hours volume is currently 120,266,546 shares traded. The following are the most active stocks for the after hours session: People's United Financial, Inc. (PBCT) is +0.05 at $19.46, with 36,773,551 shares traded. PBCT's current last sale is 102.42% of the target price of $19. Matador Resources Company (MTDR) is -0.75 at $55.01, with 11,985,256 shares traded. As reported by Zacks, the current mean recommendation for MTDR is in the ""buy range"". Camden Property Trust (CPT) is +0.3 at $171.90, with 10,356,383 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2022. The consensus EPS forecast is $1.59. As reported by Zacks, the current mean recommendation for CPT is in the ""buy range"". Vir Biotechnology, Inc. (VIR) is unchanged at $25.30, with 7,349,254 shares traded. As reported by Zacks, the current mean recommendation for VIR is in the ""buy range"". Robinhood Markets, Inc. (HOOD) is -0.05 at $13.45, with 5,996,416 shares traded. HOOD's current last sale is 32.02% of the target price of $42. Wipro Limited (WIT) is unchanged at $7.89, with 5,036,670 shares traded. WIT's current last sale is 106.62% of the target price of $7.4. Marathon Petroleum Corporation (MPC) is unchanged at $84.81, with 3,821,664 shares traded. As reported by Zacks, the current mean recommendation for MPC is in the ""buy range"". Embecta Corp. (EMBC) is -0.3 at $30.20, with 3,610,100 shares traded., following a 52-week high recorded in today's regular session. Exelon Corporation (EXC) is unchanged at $47.66, with 2,413,188 shares traded.EXC is scheduled to provide an earnings report on 4/6/2022, for the fiscal quarter ending Dec2021. The consensus earnings per share forecast is 0.66 per share, which represents a 76 percent increase over the EPS one Year Ago Invesco QQQ Trust, Series 1 (QQQ) is -0.45 at $361.40, with 2,382,373 shares traded. This represents a 14.37% increase from its 52 Week Low. Brookdale Senior Living Inc. (BKD) is unchanged at $7.33, with 1,698,204 shares traded. BKD's current last sale is 91.63% of the target price of $8. Barclays PLC (BCS) is unchanged at $7.95, with 1,519,638 shares traded. BCS's current last sale is 66.81% of the target price of $11.9. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-04-04,46.6537,46.6928,45.7548,46.2532,
EXC,2022-04-05,46.2434,47.0738,46.2434,46.7026,
EXC,2022-04-06,46.9566,48.6957,46.81,48.5688,"Wednesday Sector Leaders: Utilities, Healthcare The best performing sector as of midday Wednesday is the Utilities sector, higher by 2.0%. Within that group, Exelon Corp (Symbol: EXC) and NRG Energy Inc (Symbol: NRG) are two large stocks leading the way, showing a gain of 3.5% and 3.3%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 1.8% on the day, and up 7.91% year-to-date. Exelon Corp, meanwhile, is up 20.92% year-to-date, and NRG Energy Inc, is down 9.01% year-to-date. Combined, EXC and NRG make up approximately 5.3% of the underlying holdings of XLU. The next best performing sector is the Healthcare sector, up 0.5%. Among large Healthcare stocks, Eli Lilly (Symbol: LLY) and Becton, Dickinson & Co (Symbol: BDX) are the most notable, showing a gain of 3.6% and 2.7%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is up 1.2% in midday trading, and down 1.14% on a year-to-date basis. Eli Lilly, meanwhile, is up 10.09% year-to-date, and Becton, Dickinson & Co is up 10.39% year-to-date. Combined, LLY and BDX make up approximately 5.8% of the underlying holdings of XLV. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, four sectors are up on the day, while five sectors are down. SECTOR % CHANGE Utilities +2.0% Healthcare +0.5% Energy +0.3% Financial +0.1% Consumer Products -0.3% Materials -0.8% Industrial -0.9% Technology & Communications -1.0% Services -1.4% 10 ETFs With Stocks That Insiders Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-04-07,48.3636,48.9791,48.1388,48.8717,
EXC,2022-04-08,48.9595,49.1354,48.1192,48.9791,
EXC,2022-04-11,48.7836,48.9888,47.0641,47.1324,
EXC,2022-04-12,47.0641,47.5477,46.6585,46.9467,
EXC,2022-04-13,46.9566,47.6014,46.8686,47.5233,
EXC,2022-04-14,47.7578,48.217,47.5233,47.9043,"Thursday Sector Leaders: Energy, Utilities In afternoon trading on Thursday, Energy stocks are the best performing sector, higher by 0.9%. Within the sector, Schlumberger Ltd (Symbol: SLB) and ConocoPhillips (Symbol: COP) are two of the day's stand-outs, showing a gain of 2.0% and 1.9%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is up 1.0% on the day, and up 46.14% year-to-date. Schlumberger Ltd, meanwhile, is up 45.39% year-to-date, and ConocoPhillips is up 42.88% year-to-date. Combined, SLB and COP make up approximately 8.7% of the underlying holdings of XLE. The next best performing sector is the Utilities sector, higher by 0.7%. Among large Utilities stocks, Public Service Enterprise Group Inc (Symbol: PEG) and Exelon Corp (Symbol: EXC) are the most notable, showing a gain of 2.3% and 1.1%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is up 0.5% in midday trading, and up 7.43% on a year-to-date basis. Public Service Enterprise Group Inc, meanwhile, is up 10.49% year-to-date, and Exelon Corp is up 20.18% year-to-date. Combined, PEG and EXC make up approximately 8.0% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Thursday. As you can see, six sectors are up on the day, while two sectors are down. SECTOR % CHANGE Energy +0.9% Utilities +0.7% Consumer Products +0.5% Industrial +0.3% Materials +0.3% Services +0.1% Healthcare -0.0% Financial -0.1% Technology & Communications -1.0% 10 ETFs With Stocks That Insiders Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-04-18,47.9043,48.2463,47.6942,48.0998,
EXC,2022-04-19,48.1974,48.4612,47.9776,48.3636,"Should You Invest in the First Trust Utilities AlphaDEX ETF (FXU)? If you're interested in broad exposure to the Utilities - Broad segment of the equity market, look no further than the First Trust Utilities AlphaDEX ETF (FXU), a passively managed exchange traded fund launched on 05/08/2007. While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency. Sector ETFs also provide investors access to a broad group of companies in particular sectors that offer low risk and diversified exposure. Utilities - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 10, placing it in bottom 38%. Index Details The fund is sponsored by First Trust Advisors. It has amassed assets over $276.80 million, making it one of the average sized ETFs attempting to match the performance of the Utilities - Broad segment of the equity market. FXU seeks to match the performance of the StrataQuant Utilities Index before fees and expenses. The StrataQuant Utilities Index is a modified equal-dollar weighted index designed by the AMEX to objectively identify and select stocks from the Russell 1000 Index that may generate positive alpha relative to traditional passive style indices through the use of the AlphaDEX screening methodology. Costs Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same. Annual operating expenses for this ETF are 0.64%, making it the most expensive product in the space. It has a 12-month trailing dividend yield of 2.06%. Sector Exposure and Top Holdings Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation in the Utilities sector--about 92.40% of the portfolio. Looking at individual holdings, American Electric Power Company, Inc. (AEP) accounts for about 4.45% of total assets, followed by Exelon Corporation (EXC) and Pinnacle West Capital Corporation (PNW). The top 10 holdings account for about 39.92% of total assets under management. Performance and Risk The ETF return is roughly 7.02% and is up about 13.83% so far this year and in the past one year (as of 04/19/2022), respectively. FXU has traded between $29.53 and $35 during this last 52-week period. The ETF has a beta of 0.54 and standard deviation of 23.98% for the trailing three-year period, making it a medium risk choice in the space. With about 41 holdings, it has more concentrated exposure than peers. Alternatives First Trust Utilities AlphaDEX ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, FXU is a good option for those seeking exposure to the Utilities/Infrastructure ETFs area of the market. Investors might also want to consider some other ETF options in the space. Vanguard Utilities ETF (VPU) tracks MSCI US Investable Market Utilities 25/50 Index and the Utilities Select Sector SPDR ETF (XLU) tracks Utilities Select Sector Index. Vanguard Utilities ETF has $6.32 billion in assets, Utilities Select Sector SPDR ETF has $15.40 billion. VPU has an expense ratio of 0.10% and XLU charges 0.10%. Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust Utilities AlphaDEX ETF (FXU): ETF Research Reports Exelon Corporation (EXC): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Utilities Select Sector SPDR ETF (XLU): ETF Research Reports Vanguard Utilities ETF (VPU): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-04-20,48.9985,49.4969,48.8617,49.0963,
EXC,2022-04-21,48.8717,49.5458,48.5589,48.598,"[""Is First Trust Utilities AlphaDEX ETF (FXU) a Strong ETF Right Now? Making its debut on 05/08/2007, smart beta exchange traded fund First Trust Utilities AlphaDEX ETF (FXU) provides investors broad exposure to the Utilities/Infrastructure ETFs category of the market. What Are Smart Beta ETFs? Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry. A good option for investors who believe in market efficiency, market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns. If you're the kind of investor who would rather try and beat the market through good stock selection, then smart beta funds are your best choice; this fund class is known for tracking non-cap weighted strategies. Non-cap weighted indexes try to choose stocks that have a better chance of risk-return performance, which is based on specific fundamental characteristics, or a mix of other such characteristics. While this space offers a number of choices to investors, including simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies, not all these strategies have been able to deliver superior results. Fund Sponsor & Index Managed by First Trust Advisors, FXU has amassed assets over $282 million, making it one of the average sized ETFs in the Utilities/Infrastructure ETFs. Before fees and expenses, FXU seeks to match the performance of the StrataQuant Utilities Index. The StrataQuant Utilities Index is a modified equal-dollar weighted index designed by the AMEX to objectively identify and select stocks from the Russell 1000 Index that may generate positive alpha relative to traditional passive style indices through the use of the AlphaDEX screening methodology. Cost & Other Expenses Expense ratios are an important factor in the return of an ETF and in the long-term, cheaper funds can significantly outperform their more expensive cousins, other things remaining the same. Operating expenses on an annual basis are 0.64% for this ETF, which makes it the most expensive product in the space. It has a 12-month trailing dividend yield of 2.02%. Sector Exposure and Top Holdings It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. FXU's heaviest allocation is in the Utilities sector, which is about 92.40% of the portfolio. Taking into account individual holdings, American Electric Power Company, Inc. (AEP) accounts for about 4.45% of the fund's total assets, followed by Exelon Corporation (EXC) and Pinnacle West Capital Corporation (PNW). The top 10 holdings account for about 39.92% of total assets under management. Performance and Risk So far this year, FXU has added roughly 9.02%, and is up about 15% in the last one year (as of 04/21/2022). During this past 52-week period, the fund has traded between $29.53 and $35.25. The ETF has a beta of 0.54 and standard deviation of 23.96% for the trailing three-year period, making it a medium risk choice in the space. With about 41 holdings, it has more concentrated exposure than peers. Alternatives First Trust Utilities AlphaDEX ETF is a reasonable option for investors seeking to outperform the Utilities/Infrastructure ETFs segment of the market. However, there are other ETFs in the space which investors could consider. Vanguard Utilities ETF (VPU) tracks MSCI US Investable Market Utilities 25/50 Index and the Utilities Select Sector SPDR ETF (XLU) tracks Utilities Select Sector Index. Vanguard Utilities ETF has $6.41 billion in assets, Utilities Select Sector SPDR ETF has $15.67 billion. VPU has an expense ratio of 0.10% and XLU charges 0.10%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Utilities/Infrastructure ETFs. Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want key ETF info delivered straight to your inbox? Zacks\u2019 free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust Utilities AlphaDEX ETF (FXU): ETF Research Reports Exelon Corporation (EXC): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Utilities Select Sector SPDR ETF (XLU): ETF Research Reports Vanguard Utilities ETF (VPU): ETF Research Reports To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Discounter Pepco in price pledge as first-half sales rise Adds detail LONDON, April 21 (Reuters) - Pepco Group PCOP.WA, owner of European discount retailer brands PEPCO, Poundland and Dealz, pledged to \""protect prices\"" for cash-strapped shoppers, as it reported an increase of 17.5%in first-half revenue, driven by new store openings. The group, which listed on the Warsaw stock market last May, said it would continue to drive its growth agenda while cutting the costs of doing business. \""This will enable us to offset the majority of our input inflation, allowing us to protect prices for our cost-conscious customers,\"" said interim chief executive Trevor Masters. He cautioned that the market Pepco operates in is likely to stay volatile in the near term, because of inflationary pressures and the conflict in Ukraine, which borders three of the company's largest operating territories. Britain's inflation hit a 30-year high of 7% in March, with households facing the biggest cost-of-living squeeze since records began in the 1950s. In the 19-country Euro zone it surged to 7.5% in March, hitting another record, with months to go before it is set to peak. Pepco said revenue totalled 2.37 billion euros ($2.57 billion) in the six months to March 31 as it opened 192 new stores, taking the total to 3,696 across 17 countries. It said like-for-like sales growth was 5.3%, driven by growth of 12.1% in the second quarter. Pepco, which does not trade online bar a small Poundland trial, forecast first-half core earnings (EBITDA) within a range of 342 million euros to 350 million euros. \""Within this range, the group remains on track to meet guidance for the full year in the absence of any further significant deterioration in the macro environment,\"" it said. Masters succeeded Andy Bond, who stepped down for health reasons at the end of March. ($1=0.9223 euros) (Reporting by James Davey; Editing by Muralikumar Anantharaman and Clarence Fernandez) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Discounter Pepco's first-half sales up 17.5% on new store openings LONDON, April 21 (Reuters) - Pepco Group PCOP.WA, owner of European discount retailer brands PEPCO, Poundland and Dealz, reported on Thursday a 17.5% increase in first-half revenue, driven by new store openings. The group, which listed on the Warsaw stock market last May, said revenue totalled 2.37 billion euros ($2.57 billion) in the six months to March 31 as it opened 192 new stores, taking the total to 3,696 across 17 countries. It said like-for-like sales growth was 5.3%, driven by growth of 12.1% in the second quarter. Pepco forecast first-half core earnings (EBITDA) within a range of 342 million euros to 350 million euros. \""Within this range, the group remains on track to meet guidance for the full year in the absence of any further significant deterioration in the macro environment,\"" it said. ($1 = 0.9223 euros) (Reporting by James Davey; Editing by Muralikumar Anantharaman) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-04-22,48.5395,48.7152,47.4451,47.533,
EXC,2022-04-25,47.533,47.8262,46.3997,47.6503,
EXC,2022-04-26,47.2595,48.2072,47.1618,47.3083,
EXC,2022-04-27,47.3865,47.7311,46.6439,46.6928,"Daily Dividend Report: MET,EXC,BDX,KHC,NSC MetLife today announced that its board of directors has declared a second quarter 2022 common stock dividend of $0.50 per share, an increase of 4.2% from the first quarter common stock dividend of $0.48 per share. MetLife has increased its common stock quarterly dividend at a 9.5% compound annual growth rate since 2011. The dividend will be payable on June 14, 2022, to shareholders of record as of May 10, 2022. The Board of Directors of Exelon declared a regular quarterly dividend of $0.3375 per share on Exelon's common stock. The dividend is payable on Friday, June 10, 2022, to Exelon's shareholders of record as of 5 p.m. Eastern time on Friday, May 13, 2022. The Board of Directors of Becton, Dickinson and Company has declared a quarterly dividend of $0.87 per common share, payable on June 30, 2022 to holders of record on June 9, 2022. The indicated annual dividend rate is $3.48 per share. The Kraft Heinz Company announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on June 24, 2022, to stockholders of record as of May 27, 2022. Norfolk Southern today announced a regular quarterly dividend of $1.24 per share on its common stock. The dividend is payable May 20, 2022, to shareholders of record on May 6, 2022. The company has paid a dividend on its common stock for 159 consecutive quarters since its formation in 1982. VIDEO: Daily Dividend Report: MET,EXC,BDX,KHC,NSC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-04-28,46.7514,47.3865,46.473,47.2302,
EXC,2022-04-29,47.0543,47.1911,45.6376,45.7061,
EXC,2022-05-02,45.7939,46.214,45.0123,45.579,
EXC,2022-05-03,45.7745,46.5317,45.4666,45.618,
EXC,2022-05-04,46.1554,46.8492,45.7255,46.8198,
EXC,2022-05-05,46.5463,46.5854,45.3786,45.8232,"PPL (PPL) Q1 Earnings and Revenues Top Estimates PPL (PPL) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.50%. A quarter ago, it was expected that this energy and utility holding company would post earnings of $0.30 per share when it actually produced earnings of $0.22, delivering a surprise of -26.67%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. PPL, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $1.78 billion for the quarter ended March 2022, surpassing the Zacks Consensus Estimate by 11.48%. This compares to year-ago revenues of $1.5 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. PPL shares have lost about 3.9% since the beginning of the year versus the S&P 500's decline of -9.8%. What's Next for PPL? While PPL has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for PPL: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.26 on $1.4 billion in revenues for the coming quarter and $1.43 on $6.43 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Exelon (EXC), another stock in the same industry, has yet to report results for the quarter ended March 2022. The results are expected to be released on May 9. This energy company is expected to post quarterly earnings of $0.66 per share in its upcoming report, which represents a year-over-year change of +1200%. The consensus EPS estimate for the quarter has been revised 5.8% higher over the last 30 days to the current level. Exelon's revenues are expected to be $4.52 billion, down 54.3% from the year-ago quarter. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PPL Corporation (PPL): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-05-06,45.7842,46.2336,45.4226,45.9796,"[""Pre-Market Earnings Report for May 9, 2022 : DUK, EXC, BNTX, TSN, PLTR, VTRS, ELAN, WTRG, JLL, ACM, CLVT, DINO The following companies are expected to report earnings prior to market open on 05/09/2022. Visit our Earnings Calendar for a full list of expected earnings releases. Duke Energy Corporation (DUK)is reporting for the quarter ending March 31, 2022. The electric power utilities company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.37. This value represents a 8.73% increase compared to the same quarter last year. In the past year DUK has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2022 Price to Earnings ratio for DUK is 20.16 vs. an industry ratio of 15.80, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation (EXC)is reporting for the quarter ending March 31, 2022. The electric power utilities company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.66. This value represents a 1200.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for EXC is 20.66 vs. an industry ratio of 15.80, implying that they will have a higher earnings growth than their competitors in the same industry. BioNTech SE (BNTX)is reporting for the quarter ending March 31, 2022. The biomedical (gene) company's consensus earnings per share forecast from the 4 analysts that follow the stock is $9.14. This value represents a 72.78% increase compared to the same quarter last year. In the past year BNTX has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 73.69%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for BNTX is 4.10 vs. an industry ratio of -11.30, implying that they will have a higher earnings growth than their competitors in the same industry. Tyson Foods, Inc. (TSN)is reporting for the quarter ending March 31, 2022. The meat product company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.83. This value represents a 36.57% increase compared to the same quarter last year. In the past year TSN has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 51.05%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for TSN is 10.48 vs. an industry ratio of 8.50, implying that they will have a higher earnings growth than their competitors in the same industry. Palantir Technologies Inc. (PLTR)is reporting for the quarter ending March 31, 2022. The technology services company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.04. This value represents a no change for the same quarter last year. PLTR missed the consensus earnings per share in the 4th calendar quarter of 2021 by -50%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for PLTR is 50.60 vs. an industry ratio of -2.50, implying that they will have a higher earnings growth than their competitors in the same industry. Viatris Inc. (VTRS)is reporting for the quarter ending March 31, 2022. The medical services company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.81. This value represents a 11.96% decrease compared to the same quarter last year. VTRS missed the consensus earnings per share in the 4th calendar quarter of 2021 by -2.44%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for VTRS is 2.93 vs. an industry ratio of 16.00. Elanco Animal Health Incorporated (ELAN)is reporting for the quarter ending March 31, 2022. The medical (outpatient/home care) company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.35. This value represents a 5.41% decrease compared to the same quarter last year. In the past year ELAN has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 23.53%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for ELAN is 20.15 vs. an industry ratio of 15.10, implying that they will have a higher earnings growth than their competitors in the same industry. Essential Utilities, Inc. (WTRG)is reporting for the quarter ending March 31, 2022. The water supply company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.74. This value represents a 2.78% increase compared to the same quarter last year. WTRG missed the consensus earnings per share in the 3rd calendar quarter of 2021 by -13.64%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for WTRG is 25.04 vs. an industry ratio of 35.00. Jones Lang LaSalle Incorporated (JLL)is reporting for the quarter ending March 31, 2022. The real estate company's consensus earnings per share forecast from the 3 analysts that follow the stock is $2.05. This value represents a 2.38% decrease compared to the same quarter last year. In the past year JLL has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 29.64%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for JLL is 10.97 vs. an industry ratio of 35.70. AECOM (ACM)is reporting for the quarter ending March 31, 2022. The engineering company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.78. This value represents a 16.42% increase compared to the same quarter last year. In the past year ACM has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2022 Price to Earnings ratio for ACM is 21.06 vs. an industry ratio of 32.30. Clarivate Plc (CLVT)is reporting for the quarter ending March 31, 2022. The internet software company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.15. This value represents a 15.38% increase compared to the same quarter last year. In the past year CLVT has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2022 Price to Earnings ratio for CLVT is 20.82 vs. an industry ratio of -106.60, implying that they will have a higher earnings growth than their competitors in the same industry. HF Sinclair Corporation (DINO)is reporting for the quarter ending March 31, 2022. The alternative energy company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.03. This value represents a 105.66% increase compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for DINO is 9.06 vs. an industry ratio of -14.30, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Vistra Corp. (VST) Reports Q1 Loss, Misses Revenue Estimates Vistra Corp. (VST) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of $0.23. This compares to loss of $4.21 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -126.09%. A quarter ago, it was expected that this company would post earnings of $3.14 per share when it actually produced earnings of $1.45, delivering a surprise of -53.82%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Vistra Corp., which belongs to the Zacks Utility - Electric Power industry, posted revenues of $3.13 billion for the quarter ended March 2022, missing the Zacks Consensus Estimate by 15.72%. This compares to year-ago revenues of $3.21 billion. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Vistra Corp. Shares have added about 11.6% since the beginning of the year versus the S&P 500's decline of -13%. What's Next for Vistra Corp. While Vistra Corp. Has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Vistra Corp. Favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.04 on $2.47 billion in revenues for the coming quarter and $2.12 on $15.57 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the bottom 42% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Exelon (EXC), has yet to report results for the quarter ended March 2022. The results are expected to be released on May 9. This energy company is expected to post quarterly earnings of $0.66 per share in its upcoming report, which represents a year-over-year change of +1200%. The consensus EPS estimate for the quarter has been revised 5.8% higher over the last 30 days to the current level. Exelon's revenues are expected to be $4.61 billion, down 53.4% from the year-ago quarter. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Vistra Corp. (VST): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-05-09,45.9796,46.1067,45.2174,45.6571,"[""Exelon's (EXC) Q1 Earnings Miss Estimates, Revenues Beat Exelon Corporation\u2019s EXC first-quarter 2022 earnings of 64 cents per share lagged the Zacks Consensus Estimate of 66 cents by 3%. The bottom line improved 16.4% from the year-ago quarter\u2019s earnings of 55 cents per share. The year-over-year increase was primarily due to higher electric distribution earnings at ComEd and rate increases at PECO, BGE and PHI. On a GAAP basis, first-quarter earnings were 49 cents per share compared with 53 cents in the year-ago quarter. The difference in GAAP and operating earnings per share was due to separation costs and income-tax related adjustments. Total Revenues Exelon's first-quarter total revenues of $5.32 billion surpassed the Zacks Consensus Estimate of $4.6 billion by 15.6%. The top line also improved nearly 15% from the year-ago figure of $4.63 billion. Image Source: Zacks Investment Research Highlights of the Release Exelon's first-quarter total operating expenses increased nearly 16.3% year over year to $4.42 billion. The increase was due to a rise in purchased power and fuel expenses. Operating income came in at $900 million, up 9.2% year over year. Interest expenses totaled $338 million, up 6.3% from the year-ago quarter. Financial Highlights Cash and cash equivalents were $2,476 million as of Mar 31, 2022 compared with $673 million as of Dec 31, 2021. Long-term debt was $35,008 million as of Mar 31, 2022 compared with $30,749 million as of Dec 31, 2021. Cash provided (used in) from operating activities for first three months of 2022 was $1,782 million compared with ($1,261) million in the first three months of 2021. Guidance Exelon expects its 2022 earnings in the range of $2.18-$2.32 per share. The midpoint of the revised guided range is $2.25, lower than the Zacks Consensus Estimate of $2.27 per share for the period. Exelon has plans to invest $29 billion in the 2022-2025 time period to further strengthen its electric transmission and distribution as well as gas delivery infrastructure. Exelon expects earnings and dividend per share (subject to board\u2019s approval) to increase in the range of 6-8% through 2025. Zacks Rank Exelon has a Zacks Rank #3 (Hold) at present. You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Other Releases NextEra Energy, Inc. NEE reported first-quarter 2022 adjusted earnings of 74 cents per share, which beat the Zacks Consensus Estimate of 69 cents by 7.3%. NextEra Energy\u2019s long-term (three to five years) earnings growth is pegged at 8.8%. The Zacks Consensus Estimate for NEE\u2019s 2022 earnings per share of $2.81 indicates year-over-year growth of 10.2%. American Electric Power Company, Inc. AEP reported first-quarter 2022 adjusted earnings per share of $1.22, which beat the Zacks Consensus Estimate of $1.19 by 2.5%. American Electric Power\u2019s long-term earnings growth is projected at 5.9%. The Zacks Consensus Estimate for AEP\u2019s 2022 earnings indicates year-over-year growth of 5.3%. Xcel Energy Inc. XEL posted first-quarter 2022 operating earnings of 70 cents per share, which surpassed the Zacks Consensus Estimate of 68 cents by 2.9%. Xcel Energy\u2019s long-term earnings growth is projected at 6.4%. The Zacks Consensus Estimate for XEL\u2019s 2022 earnings indicates year-over-year growth of 6.8%. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +25.4% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Xcel Energy Inc. (XEL): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp Q1 Income Drops (RTTNews) - Exelon Corp (EXC) released a profit for first quarter that decreased from the same period last year The company's bottom line came in at $481 million, or $0.49 per share. This compares with $525 million, or $0.53 per share, in last year's first quarter. Excluding items, Exelon Corp reported adjusted earnings of $634 million or $0.64 per share for the period. The company's revenue for the quarter rose 15.1% to $5.33 billion from $4.63 billion last year. Exelon Corp earnings at a glance (GAAP) : -Earnings (Q1): $481 Mln. vs. $525 Mln. last year. -EPS (Q1): $0.49 vs. $0.53 last year. -Revenue (Q1): $5.33 Bln vs. $4.63 Bln last year. -Guidance: Full year EPS guidance: Adj: $2.18-$2.32 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp Announces Drop In Q1 Profit (RTTNews) - Exelon Corp (EXC) reported a profit for first quarter that decreased from the same period last year The company's bottom line came in at $481 million, or $0.49 per share. This compares with $525 million, or $0.53 per share, in last year's first quarter. Excluding items, Exelon Corp reported adjusted earnings of $634 million or $0.64 per share for the period. The company's revenue for the quarter rose 15.1% to $5.33 billion from $4.63 billion last year. Exelon Corp earnings at a glance (GAAP) : -Earnings (Q1): $481 Mln. vs. $525 Mln. last year. -EPS (Q1): $0.49 vs. $0.53 last year. -Revenue (Q1): $5.33 Bln vs. $4.63 Bln last year. -Guidance: Full year EPS guidance: Adj; $2.18 to $2.32 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Q1 22 Earnings Conference Call At 10:00 AM ET (RTTNews) - Exelon Corp. (EXC) will host a conference call at 10:00 AM ET on May 9, 2022, to discuss Q1 22 earnings results. To access the live webcast, log on to https://investors.exeloncorp.com/events-and-presentations The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-05-10,46.1358,46.9077,45.1588,45.6864,"Ex-Dividend Reminder: Essential Utilities, Exelon and WEC Energy Group Looking at the universe of stocks we cover at Dividend Channel, on 5/12/22, Essential Utilities Inc (Symbol: WTRG), Exelon Corp (Symbol: EXC), and WEC Energy Group Inc (Symbol: WEC) will all trade ex-dividend for their respective upcoming dividends. Essential Utilities Inc will pay its quarterly dividend of $0.2682 on 6/1/22, Exelon Corp will pay its quarterly dividend of $0.3375 on 6/10/22, and WEC Energy Group Inc will pay its quarterly dividend of $0.7275 on 6/1/22. As a percentage of WTRG's recent stock price of $43.97, this dividend works out to approximately 0.61%, so look for shares of Essential Utilities Inc to trade 0.61% lower — all else being equal — when WTRG shares open for trading on 5/12/22. Similarly, investors should look for EXC to open 0.71% lower in price and for WEC to open 0.71% lower, all else being equal. Below are dividend history charts for WTRG, EXC, and WEC, showing historical dividends prior to the most recent ones declared. Essential Utilities Inc (Symbol: WTRG): Exelon Corp (Symbol: EXC): WEC Energy Group Inc (Symbol: WEC): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.44% for Essential Utilities Inc, 2.85% for Exelon Corp, and 2.85% for WEC Energy Group Inc. In Tuesday trading, Essential Utilities Inc shares are currently up about 1.3%, Exelon Corp shares are up about 1.2%, and WEC Energy Group Inc shares are up about 0.3% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-05-11,45.6376,47.2497,45.5301,46.5267,
EXC,2022-05-12,46.5838,46.9331,44.6699,45.1176,
EXC,2022-05-13,45.4226,46.0229,45.1176,45.9835,
EXC,2022-05-16,46.1114,46.5001,45.6686,46.1212,
EXC,2022-05-17,46.2492,46.7954,45.6292,46.7806,
EXC,2022-05-18,46.8691,47.125,46.2,46.3771,
EXC,2022-05-19,46.3082,46.7609,45.6735,46.5936,
EXC,2022-05-20,46.6132,46.8593,45.6046,46.3968,
EXC,2022-05-23,47.0365,47.3809,46.6527,47.125,
EXC,2022-05-24,47.1348,48.2369,46.7215,48.05,
EXC,2022-05-25,48.05,48.4042,47.8827,48.2369,
EXC,2022-05-26,48.2664,48.7043,48.2271,48.3747,
EXC,2022-05-27,48.2566,49.0635,48.1582,49.0537,
EXC,2022-05-31,48.6797,48.8864,48.0795,48.3649,
EXC,2022-06-01,48.7093,48.7093,47.9122,48.4042,
EXC,2022-06-02,48.6895,48.6995,47.312,48.2074,
EXC,2022-06-03,47.9614,48.4092,47.8925,47.9516,
EXC,2022-06-06,48.3157,48.3551,47.6613,47.7744,
EXC,2022-06-07,47.8089,48.3451,47.5285,48.2664,
EXC,2022-06-08,48.1484,48.4436,47.2922,47.4005,"Why Is Exelon (EXC) Up 4.9% Since Last Earnings Report? It has been about a month since the last earnings report for Exelon (EXC). Shares have added about 4.9% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Exelon due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Exelon's Q1 Earnings Miss Estimates, Revenues Beat Exelon Corporation’s first-quarter 2022 earnings of 64 cents per share lagged the Zacks Consensus Estimate of 66 cents by 3%. The bottom line improved 16.4% from the year-ago quarter’s earnings of 55 cents per share. The year-over-year increase was primarily due to higher electric distribution earnings at ComEd and rate increases at PECO, BGE and PHI. On a GAAP basis, first-quarter earnings were 49 cents per share compared with 53 cents in the year-ago quarter. The difference in GAAP and operating earnings per share was due to separation costs and income-tax related adjustments. Total Revenues Exelon's first-quarter total revenues of $5.32 billion surpassed the Zacks Consensus Estimate of $4.6 billion by 15.6%. The top line also improved nearly 15% from the year-ago figure of $4.63 billion. Highlights of the Release Exelon's first-quarter total operating expenses increased nearly 16.3% year over year to $4.42 billion. The increase was due to a rise in purchased power and fuel expenses. Operating income came in at $900 million, up 9.2% year over year. Interest expenses totaled $338 million, up 6.3% from the year-ago quarter. Financial Highlights Cash and cash equivalents were $2,476 million as of Mar 31, 2022 compared with $673 million as of Dec 31, 2021. Long-term debt was $35,008 million as of Mar 31, 2022 compared with $30,749 million as of Dec 31, 2021. Cash provided (used in) from operating activities for first three months of 2022 was $1,782 million compared with ($1,261) million in the first three months of 2021. Guidance Exelon expects its 2022 earnings in the range of $2.18-$2.32 per share. The midpoint of the revised guided range is $2.25, lower than the Zacks Consensus Estimate of $2.27 per share for the period. Exelon has plans to invest $29 billion during 2022-2025 to further strengthen its electric transmission and distribution as well as gas delivery infrastructure. Exelon expects earnings and dividend per share (subject to board’s approval) to increase in the range of 6-8% through 2025. How Have Estimates Been Moving Since Then? It turns out, estimates review have trended upward during the past month. VGM Scores Currently, Exelon has an average Growth Score of C, a grade with the same score on the momentum front. Following the exact same course, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been trending upward for the stock, and the magnitude of this revision has been net zero. Notably, Exelon has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Performance of an Industry Player Exelon belongs to the Zacks Utility - Electric Power industry. Another stock from the same industry, PSEG (PEG), has gained 0.9% over the past month. More than a month has passed since the company reported results for the quarter ended March 2022. PSEG reported revenues of $2.31 billion in the last reported quarter, representing a year-over-year change of -19.9%. EPS of $1.33 for the same period compares with $1.28 a year ago. PSEG is expected to post earnings of $0.70 per share for the current quarter, representing no change from the year-ago quarter. Over the last 30 days, the Zacks Consensus Estimate has changed -5.6%. The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for PSEG. Also, the stock has a VGM Score of C. Zacks' Top Picks to Cash in on Electric Vehicles Big money has already been made in the Electric Vehicle (EV) industry. But, the EV revolution has not hit full throttle yet. There is a lot of money to be made as the next push for future technologies ramps up. Zacks’ Special Report reveals 5 picks investors See 5 EV Stocks With Extreme Upside Potential >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Public Service Enterprise Group Incorporated (PEG): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-06-09,47.1565,47.3809,45.7867,45.9146,"[""XLU, SRE, AEP, EXC: Large Inflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $106.8 million dollar inflow -- that's a 0.7% increase week over week in outstanding units (from 221,070,000 to 222,520,000). Among the largest underlying components of XLU, in trading today Sempra (Symbol: SRE) is off about 0.6%, American Electric Power Co Inc (Symbol: AEP) is up about 0.3%, and Exelon Corp (Symbol: EXC) is lower by about 0.7%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $62.99 per share, with $77.23 as the 52 week high point \u2014 that compares with a last trade of $73.53. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb. Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Discounter Pepco says UK shoppers cutting purchases of essential items Adds detail LONDON, June 9 (Reuters) - Pepco Group PCOP.WA, owner of European discount retailer brands PEPCO, Poundland and Dealz, said a cost-of-living crisis in the United Kingdom has seen consumers scaling back even on essential items. The Warsaw-listed group said that while the absolute levels of inflationary pressure were greater in Central and Eastern European markets, higher wages in those regions were substantially offsetting this in the short term. In Western European markets, however, the acute spike in inflation in a stagnant wage growth environment had quickly resulted in absolute lower spending by consumers. \""Specifically in the UK, the cost-of-living crisis has impacted customers\u2019 disposable income as they scale back even on essential purchases in the short term,\"" Pepco said. The group said a focus on reducing the costs of doing business meant it was able to offset some of its input inflation. This was \""allowing us to protect prices for all of our cost-conscious customers whilst also absorbing some of the input inflation ourselves\"". Earlier this week, U.S. retailer Target TGT.N cut its quarterly margin outlook and said it would have to make deep discounts to clear inventory, as decades-high inflation weighs on demand. PEPCO said the war in Ukraine, a country which borders three of its largest operating territories, continued to create volatility, albeit with some trading upside driven by the influx of people to core PEPCO markets. The conflict was also exacerbating existing supply chain disruption and inflationary headwinds. Pepco reported a 7.3% rise in first-half core earnings, driven by new store openings. It made underlying earnings before interest, tax, depreciation and amortisation (EBITDA) of 347 million euros ($372.2 million) for the six months ended March 31, in line with the company's guidance. Revenue rose 18.9% to 2.37 billion euros as the company opened a net 192 stores, taking the total to 3,696 across 17 countries. Like-for-like sales rose 5.3%. Pepco said its same store performance in its third quarter so far was above pre-COVID-19 trading levels and it remained on track to meet its full-year guidance in the absence of any further significant deterioration in the macro environment. ($1 = 0.9324 euros) (Reporting by James Davey; Editing by Sherry Jacob-Phillips and Emelia Sithole-Matarise) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Discounter Pepco's H1 earnings rise on 192 store openings LONDON, June 9 (Reuters) - Pepco Group PCOP.WA, owner of European discount retailer brands PEPCO, Poundland and Dealz, reported a 7.3% rise in first-half core earnings, driven by new store openings. The group, which listed on the Warsaw stock market last year, said it made underlying earnings before interest, tax, depreciation and amortisation (EBITDA) of 347 million euros ($372.2 million) for the six months ended March 31, in line with company outlook. Revenue rose 18.9% to 2.37 billion euros as the company launched 192 stores, taking the total to 3,696 across 17 countries. Pepco said it remained on track to meet the full-year forecast in the absence of any further significant deterioration in the macro environment. ($1 = 0.9324 euros) (Reporting by James Davey; Editing by Sherry Jacob-Phillips) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-06-10,45.3833,45.6785,44.97,45.275,
EXC,2022-06-13,44.537,44.7141,42.8248,42.9822,
EXC,2022-06-14,43.1102,43.2085,41.0585,41.6341,
EXC,2022-06-15,41.9785,42.3525,40.9847,41.5849,
EXC,2022-06-16,40.8469,41.0634,40.1138,40.5615,
EXC,2022-06-17,40.7288,40.9453,39.5283,40.2565,"Vanguard Utilities ETF Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Utilities ETF (Symbol: VPU) where we have detected an approximate $306.7 million dollar outflow -- that's a 5.5% decrease week over week (from 39,261,879 to 37,111,879). Among the largest underlying components of VPU, in trading today American Electric Power Co Inc (Symbol: AEP) is down about 0.7%, Sempra (Symbol: SRE) is off about 1.7%, and Exelon Corp (Symbol: EXC) is lower by about 1.5%. For a complete list of holdings, visit the VPU Holdings page » The chart below shows the one year price performance of VPU, versus its 200 day moving average: Looking at the chart above, VPU's low point in its 52 week range is $138.25 per share, with $167.48 as the 52 week high point — that compares with a last trade of $141.48. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Free Report: Top 7%+ Dividends (paid monthly) Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-06-21,40.5714,41.2189,40.3549,40.9354,
EXC,2022-06-22,40.6108,41.4914,40.4532,41.0241,
EXC,2022-06-23,41.2798,41.7374,41.1372,41.5554,"Is First Trust Utilities AlphaDEX ETF (FXU) a Strong ETF Right Now? Making its debut on 05/08/2007, smart beta exchange traded fund First Trust Utilities AlphaDEX ETF (FXU) provides investors broad exposure to the Utilities/Infrastructure ETFs category of the market. What Are Smart Beta ETFs? Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy. Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a low-cost, convenient, and transparent way. However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta. By attempting to pick stocks that have a better chance of risk-return performance, non-cap weighted indexes are based on certain fundamental characteristics, or a combination of such. Methodologies like equal-weighting, one of the simplest options out there, fundamental weighting, and volatility/momentum based weighting are all choices offered to investors in this space, but not all of them can deliver superior returns. Fund Sponsor & Index Managed by First Trust Advisors, FXU has amassed assets over $347.36 million, making it one of the average sized ETFs in the Utilities/Infrastructure ETFs. This particular fund seeks to match the performance of the StrataQuant Utilities Index before fees and expenses. The StrataQuant Utilities Index is a modified equal-dollar weighted index designed by the AMEX to objectively identify and select stocks from the Russell 1000 Index that may generate positive alpha relative to traditional passive style indices through the use of the AlphaDEX screening methodology. Cost & Other Expenses Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio. Annual operating expenses for this ETF are 0.64%, making it the most expensive product in the space. The fund has a 12-month trailing dividend yield of 2.31%. Sector Exposure and Top Holdings It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. FXU's heaviest allocation is in the Utilities sector, which is about 92.50% of the portfolio. When you look at individual holdings, American Electric Power Company, Inc. (AEP) accounts for about 4.45% of the fund's total assets, followed by Exelon Corporation (EXC) and Pinnacle West Capital Corporation (PNW). The top 10 holdings account for about 39.92% of total assets under management. Performance and Risk So far this year, FXU has lost about -4.88%, and was up about 3.90% in the last one year (as of 06/23/2022). During this past 52-week period, the fund has traded between $29.53 and $35.25. The ETF has a beta of 0.53 and standard deviation of 24.38% for the trailing three-year period, making it a medium risk choice in the space. With about 41 holdings, it has more concentrated exposure than peers. Alternatives First Trust Utilities AlphaDEX ETF is a reasonable option for investors seeking to outperform the Utilities/Infrastructure ETFs segment of the market. However, there are other ETFs in the space which investors could consider. Vanguard Utilities ETF (VPU) tracks MSCI US Investable Market Utilities 25/50 Index and the Utilities Select Sector SPDR ETF (XLU) tracks Utilities Select Sector Index. Vanguard Utilities ETF has $5.40 billion in assets, Utilities Select Sector SPDR ETF has $14.96 billion. VPU has an expense ratio of 0.10% and XLU charges 0.10%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Utilities/Infrastructure ETFs. Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust Utilities AlphaDEX ETF (FXU): ETF Research Reports Exelon Corporation (EXC): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report Utilities Select Sector SPDR ETF (XLU): ETF Research Reports Vanguard Utilities ETF (VPU): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-06-24,41.6341,42.6673,41.4324,42.5984,
EXC,2022-06-27,42.5197,43.4496,42.4017,43.1889,
EXC,2022-06-28,43.2676,43.6957,42.9035,43.1791,
EXC,2022-06-29,43.2381,43.7596,43.2283,43.6317,"Wednesday Sector Leaders: Healthcare, Utilities In afternoon trading on Wednesday, Healthcare stocks are the best performing sector, up 1.1%. Within that group, Idexx Laboratories, Inc. (Symbol: IDXX) and Molina Healthcare Inc (Symbol: MOH) are two large stocks leading the way, showing a gain of 3.4% and 3.4%, respectively. Among healthcare ETFs, one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is up 1.2% on the day, and down 7.80% year-to-date. Idexx Laboratories, Inc., meanwhile, is down 45.14% year-to-date, and Molina Healthcare Inc, is down 11.54% year-to-date. Combined, IDXX and MOH make up approximately 0.9% of the underlying holdings of XLV. The next best performing sector is the Utilities sector, up 0.1%. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and FirstEnergy Corp (Symbol: FE) are the most notable, showing a gain of 1.2% and 1.0%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is up 0.1% in midday trading, and down 1.66% on a year-to-date basis. Exelon Corp, meanwhile, is up 9.46% year-to-date, and FirstEnergy Corp, is down 6.32% year-to-date. Combined, EXC and FE make up approximately 6.7% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, two sectors are up on the day, while seven sectors are down. SECTOR % CHANGE Healthcare +1.1% Utilities +0.1% Consumer Products -0.1% Services -0.7% Financial -0.7% Industrial -0.7% Technology & Communications -0.8% Materials -0.9% Energy -2.5% 10 ETFs With Stocks That Insiders Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-06-30,43.4448,44.9257,43.1791,44.596,"[""U.S. Supreme Court limits federal power to curb carbon emissions WASHINGTON, June 30 (Reuters) - The U.S. Supreme Court on Thursday imposed limits on the federal government's authority to issue sweeping regulations to reduce carbon emissions from power plants in a ruling that will undermine President Joe Biden's plans to tackle climate change. The court's 6-3 ruling restricted the Environmental Protection Agency's (EPA) authority to regulate greenhouse gas emissions from existing coal- and gas-fired power plants under the landmark Clean Air Act anti-pollution law. Biden's administration is currently working on new regulations. (Reporting by Lawrence Hurley; Editing by Will Dunham) ((lawrence.hurley@thomsonreuters.com; Twitter: @lawrencehurley; +1 202-809-3080;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Thursday Sector Leaders: Utilities, Industrial In afternoon trading on Thursday, Utilities stocks are the best performing sector, up 1.5%. Within that group, AES Corp (Symbol: AES) and Exelon Corp (Symbol: EXC) are two large stocks leading the way, showing a gain of 3.0% and 2.7%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 1.6% on the day, and down 0.15% year-to-date. AES Corp, meanwhile, is down 12.36% year-to-date, and Exelon Corp is up 12.21% year-to-date. Combined, AES and EXC make up approximately 5.8% of the underlying holdings of XLU. The next best performing sector is the Industrial sector, higher by 0.2%. Among large Industrial stocks, Quanta Services, Inc. (Symbol: PWR) and Northrop Grumman Corp (Symbol: NOC) are the most notable, showing a gain of 4.5% and 3.5%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF (XLI), which is up 0.5% in midday trading, and down 16.67% on a year-to-date basis. Quanta Services, Inc., meanwhile, is up 9.15% year-to-date, and Northrop Grumman Corp is up 24.37% year-to-date. Combined, PWR and NOC make up approximately 3.4% of the underlying holdings of XLI. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Thursday. As you can see, two sectors are up on the day, while five sectors are down. SECTOR % CHANGE Utilities +1.5% Industrial +0.2% Financial 0.0% Technology & Communications -0.0% Services -0.2% Healthcare -0.4% Materials -0.4% Consumer Products -0.5% Energy -1.5% 10 ETFs With Stocks That Insiders Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""U.S. Supreme Court limits federal power to curb carbon emissions By Lawrence Hurley WASHINGTON, June 30 (Reuters) - The U.S. Supreme Court on Thursday imposed limits on the federal government's authority to issue sweeping regulations to reduce carbon emissions from power plants in a ruling that will undermine President Joe Biden's plans to tackle climate change. The court's 6-3 ruling restricted the Environmental Protection Agency's (EPA) authority to regulate greenhouse gas emissions from existing coal- and gas-fired power plants under the landmark Clean Air Act anti-pollution law. Biden's administration is currently working on new regulations. The court's six conservatives were in the majority in the decision authored by Chief Justice John Roberts, with the three liberals dissenting. The ruling is likely to have implications beyond the EPA as it raises new legal questions about any big decisions made by federal agencies. The Supreme Court's conservative majority has signaled ongoing skepticism toward expansive federal regulatory authority. The justices overturned a 2021 decision by the U.S. Court of Appeals for the District of Columbia Circuit that had struck down Republican former President Donald Trump's Affordable Clean Energy rule. That regulation, which the Biden administration has said it has no intention to retain, would impose limits on a Clean Air Act provision called Section 111 that provides the EPA authority to regulate emissions from existing power plants. The ruling was based on what is called the \""major questions\"" legal doctrine that requires explicit congressional authorization for action on issues of broad importance and societal impact. The justices in January embraced that theory when it blocked the Biden administration's vaccine-or-test policy for larger businesses, a key element of its plan to combat the COVID-19 pandemic. The decision will constrain the EPA's ability to issue any regulations on power plants that push for an ambitious a national shift in energy policy toward renewable sources. As such, the ruling will hamstring the Biden administration's ability to curb the power sector's emissions - representing about a quarter of U.S. greenhouse gases. Roberts wrote that while capping carbon emissions at a level that would force a nationwide energy transition might be a sensible policy solution \""it is not plausible that Congress gave EPA the authority to adopt on its own such a regulatory scheme.\"" The case was centered around Trump's Affordable Clean Energy rule intended to impose limits on a Clean Air Act provision called Section 111 that provides the EPA authority to regulate emissions from existing power plants. A group of Republican-led U.S. states led by major coal producer West Virginia asked the justices to limit the EPA's ability to regulate greenhouse gas emissions from existing power plants under the Clean Air Act. Other challengers included coal companies and coal-friendly industry groups. Coal is among the most greenhouse gas-intensive fuels. Democratic-led states and major power companies including Consolidated Edison Inc ED.N, Exelon Corp EXC.O and PG&E Corp PCG.N sided with President Joe Biden's administration, as did the Edison Electric Institute, an investor-owned utility trade group. The Biden administration wants the U.S. power sector decarbonized by 2035. The United States, behind only China in greenhouse gas emissions, is a pivotal player in efforts to combat climate change on a global basis. The United Nations on Feb. 28, the same day as the Supreme Court's oral arguments in the case, released a 3,675-page report urging global action to combat climate change. The rule proposed by Trump, a supporter of the U.S. coal industry who also questioned climate change science, was meant to supplant Democratic former President Barack Obama's Clean Power Plan mandating major reductions in carbon emissions from the power industry. The Supreme Court blocked Clean Power Plan implementation in 2016 without ruling on its lawfulness. The decision was issued on the final day of rulings for the court's current nine-month term. (Reporting by Lawrence Hurley; Editing by Will Dunham) ((lawrence.hurley@thomsonreuters.com; Twitter: @lawrencehurley; +1 202-809-3080;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-07-01,44.478,45.3931,44.4189,45.3341,
EXC,2022-07-05,45.1078,45.1668,42.0622,42.9232,"[""Best Recession Proof Stocks To Buy Now? 4 Utility Stocks For Your List Are These Utility Stocks The Best Stocks To Buy Right Now? With volatility persisting in the stock market, investors may be thinking of rotating into lower-risk utility stocks. In fact, with all that has been going on this year, utilities have been one of the few corners of the stock market that has shown resilience. For the uninitiated, the industry includes companies that provide us with electricity, gas, and water. Utility stocks are often sought after by investors for their resilience, low volatility, and ability to pay steady and growing dividends over time. Therefore, when the stock market is volatile, the relative calm of utility stocks can provide safety for investors. A utility stock that investors may be on the lookout for is Dominion Energy (NYSE: D). Recently, its subsidiary Dominion Energy Virginia entered the rooftop solar space. Notably, it announced the launch of BrightSuite, a full-service residential solar installation company. Interestingly, this move marks a significant pivot for Dominion as it shifts from a centralized model to a distributed one. BrightSuite aims to bring clean power closer to the point of demand and is made up of certified installers that have served over 2,000 residents across the state. And on that note, here are the four utility stocks to check out in the stock market today. Top Utility Stocks To Watch Today American Water Works Company Inc. (NYSE: AWK) Sempra Energy (NYSE: SRE) Essential Utilities Inc. (NYSE: WTRG) Exelon Corporation (NASDAQ: EXC) American Water Works Company Starting us off today is American Water Works Company (AWK). In essence, it is a water and wastewater utility company. Through its subsidiaries, the company provides its services to approximately 3.4 million active customers in 14 states. The company operates approximately 80 surface water treatment plants, 160 wastewater treatment plants, and a whopping 52,500 miles of water mains and pipes among other assets. Earlier this month, the company announced that its unit, Military Services Group (MSG), received a long-term contract worth $341 million. Particularly, the contract involves the ownership, operation, maintenance, and replacement of the wastewater utility system assets at Naval Station Mayport in Jacksonville, Florida. Being a long-term contract of 50 years, the contract will be subject to annual economic price adjustments. Altogether, MSG now provides services to 12 Army installations and five Air Force installations. MSG is also aiming to secure two more defense deals with the possibility of contract upgrades on existing bases. Military contracts aside, a large portion of AWK\u2019s earnings comes from civilian deals. The overall water and wastewater infrastructure of the U.S. is aging, and AWK plans to make systematic investments in the coming years to upgrade the aging water infrastructure. Thus, should you add AWK stock to your watchlist? Source: TD Ameritrade TOS [Read More] Stock Market Today: Dow Jones, S&P 500 Slide; Tesla Stock Falters Amid Deliveries Slump & Bitcoin Hit Sempra Energy Another top utility stock to watch is Sempra. For the most part, it is a North American energy infrastructure company that focuses on electric and natural gas infrastructure. For a sense of scale, Sempra hires approximately 20,000 employees and serves more than 40 million consumers worldwide. Its operating companies include Southern California Gas Company and San Diego Gas & Electric to name a few. In late June, the company announced that it has entered into a heads of agreement (HOA) with INEOS Energy Trading Ltd., a subsidiary of INEOS, a global chemical products manufacturer. Namely, the HOA is for a 20-year liquefied natural gas (LNG) sale and purchase agreement for approximately 1.4 million tonnes per annum (Mtpa) of LNG. \u201cINEOS is one of Europe\u2019s largest end-users of natural gas and we look forward to building a long-term relationship with a company that shares our vision of increasing the world\u2019s energy security while simultaneously advancing lower-carbon energy sources,\u201d said Justin Bird, CEO of Sempra Infrastructure. With that being said, should you invest in SRE stock? Source: TD Ameritrade TOS Essential Utilities Following that, we have Essential Utilities. It is one of the largest publicly traded water, wastewater, and natural gas providers in the U.S. For a sense of its reach, the company serves approximately 5 million people across 10 states under the Aqua and Peoples brands. Furthermore, with over 130 years of experience in the industry, Essential has a track record of regulatory compliance, operational efficiency, and environmental stewardship. In May, Essential posted its financial results for the first quarter ended March 31, 2022. Getting straight to it, the company posted total revenues of $699.3 million for the quarter, an increase of 19.8% from the same period last year. As for its profits, Essential reported a net income of $199.4 for the quarter, up from $183.7 million a year ago. Earnings per share came in at $0.76, up 5.6% from $0.72 in the year prior. In the same report, Essential reaffirmed its guidance for the year. Specifically, it forecasts earnings per diluted share to range from $1.75 to $1.80. Along with that, the company continues to expect its earnings per share to grow on a compounded basis by 5% to 7% from 2021 to 2024. All in all, is WTRG stock a buy? Source: TD Ameritrade TOS [Read More] Top Stock Market News For Today July 5, 2022 Exelon Last, but not least, we have Exelon, the largest utility company in the U.S. In short, the company serves more than 10 million customers through six fully regulated transmission and distribution utilities. Namely, these would include Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), and Commonwealth Edison (ComEd) to name a few. Further, Exelon is recognized as an industry leader that boasts best-in-class operations, with utilities achieving the top quartile in customer satisfaction and reduced outage frequency. Over the past year, EXC stock has soared more than 40%. On May 8, the company reported its first-quarter 2022 results. For starters, the company posted a total revenue of $5.32 billion, rising 15% from the year-ago figure of $4.63 billion. Along with that, its bottom line improved 16.4%, rising to $0.64 from $0.55. In the same earnings report, Exelon provided its guidance for the year. Notably, it expects earnings to be in the range of $2.18-$2.32 per share. Furthermore, it plans to invest $29 billion in the 2022-2025 period to strengthen its electric transmission and distribution, and gas delivery infrastructure. As such, is EXC stock worth the investment? Source: TD Ameritrade TOS If you enjoyed this article and you\u2019re interested in learning how to trade so you can have the best chance to profit consistently then you need to checkout this YouTube channel. CLICK HERE RIGHT NOW!! The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Tuesday Sector Laggards: Energy, Utilities In afternoon trading on Tuesday, Energy stocks are the worst performing sector, showing a 6.1% loss. Within that group, Halliburton Company (Symbol: HAL) and APA Corp (Symbol: APA) are two large stocks that are lagging, showing a loss of 9.4% and 8.7%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is down 5.5% on the day, and up 26.24% year-to-date. Halliburton Company, meanwhile, is up 25.49% year-to-date, and APA Corp is up 21.01% year-to-date. Combined, HAL and APA make up approximately 3.1% of the underlying holdings of XLE. The next worst performing sector is the Utilities sector, showing a 4.5% loss. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and Consolidated Edison Inc (Symbol: ED) are the most notable, showing a loss of 6.3% and 5.8%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 4.2% in midday trading, and down 2.48% on a year-to-date basis. Exelon Corp, meanwhile, is up 6.45% year-to-date, and Consolidated Edison Inc is up 9.18% year-to-date. Combined, EXC and ED make up approximately 7.6% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday. As you can see, one sector is up on the day, while seven sectors are down. SECTOR % CHANGE Services +0.7% Technology & Communications -0.0% Consumer Products -0.6% Healthcare -1.2% Financial -1.5% Industrial -1.5% Materials -2.5% Utilities -4.5% Energy -6.1% 25 Dividend Giants Widely Held By ETFs \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Tuesday's ETF with Unusual Volume: DVOL The First Trust Dorsey Wright Momentum & Low Volatility ETF is seeing unusually high volume in afternoon trading Tuesday, with over 231,000 shares traded versus three month average volume of about 26,000. Shares of DVOL were off about 1.4% on the day. Components of that ETF with the highest volume on Tuesday were Cisco Systems, trading down about 1.3% with over 14.5 million shares changing hands so far this session, and Williams Companies, down about 4.8% on volume of over 7.6 million shares. Oreilly Automotive is the component faring the best Tuesday, higher by about 1.3% on the day, while Exelon is lagging other components of the First Trust Dorsey Wright Momentum & Low Volatility ETF, trading lower by about 5.6%. VIDEO: Tuesday's ETF with Unusual Volume: DVOL The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-07-06,43.4349,43.9958,42.8445,43.553,
EXC,2022-07-07,44.0942,44.4091,43.6415,43.6809,
EXC,2022-07-08,43.8481,43.9859,43.302,43.5825,
EXC,2022-07-11,43.5283,43.8285,43.0413,43.7203,
EXC,2022-07-12,43.6711,44.2516,43.2972,43.5235,
EXC,2022-07-13,42.9724,43.553,42.7756,42.9035,
EXC,2022-07-14,42.2049,43.5136,42.0573,43.4448,"Thursday Sector Leaders: Technology & Communications, Utilities The best performing sector as of midday Thursday is the Technology & Communications sector, losing just 0.2%. Within that group, Qualcomm Inc (Symbol: QCOM) and Analog Devices Inc (Symbol: ADI) are two of the day's stand-outs, showing a gain of 3.1% and 2.1%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is up 0.4% on the day, and down 25.20% year-to-date. Qualcomm Inc, meanwhile, is down 22.76% year-to-date, and Analog Devices Inc, is down 12.44% year-to-date. Combined, QCOM and ADI make up approximately 2.7% of the underlying holdings of XLK. The next best performing sector is the Utilities sector, losing just 0.6%. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and Southern Company (Symbol: SO) are the most notable, showing a gain of 0.6% and 0.4%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 0.5% in midday trading, and down 1.88% on a year-to-date basis. Exelon Corp, meanwhile, is up 8.10% year-to-date, and Southern Company is up 6.18% year-to-date. Combined, EXC and SO make up approximately 11.9% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Thursday. As you can see, none of the sectors are up on the day, while nine sectors are down. SECTOR % CHANGE Technology & Communications -0.2% Utilities -0.6% Industrial -1.1% Services -1.2% Healthcare -1.2% Consumer Products -1.5% Financial -1.8% Materials -2.2% Energy -3.2% 25 Dividend Giants Widely Held By ETFs » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-07-15,43.6022,43.8875,42.938,43.5235,"Investment on Infrastructure & Clean Assets Aid Dominion (D) Dominion Energy D enjoys the benefit of planned investment, made to strengthen its electric and natural gas infrastructure and add more renewable energy source to its portfolio which allows it to ensure consistent high-quality services for customers. Contribution from organic as well as inorganic assets is likely to continue to boost Dominion’s earnings. Dominion Energy currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Tailwinds Dominion Energy’s portfolio realignment strategy, focusing on regulated assets, is evident from its investments in regulated infrastructure and other fields the outputs of which are sold under long-term purchase agreements (PPAs). Dominion divested some of its merchant generation facilities and electric retail energy marketing business to focus on core operations. Dominion Energy plans to invest $37 billion during 2022-2026 to strengthen its existing infrastructure, out of which a major portion will be invested in zero-carbon generation and energy storage. Dominion is in the process of adding 4,000 MW of solar or wind generation in the state of Virginia. Its long-term objective is to add 24 GW of battery storage, solar, hydro and wind (offshore as well as onshore) projects by 2036. It also aims to increase the renewable energy capacity by more than 15% per year, on average, over the next 15 years. Dominion aims to attain net-zero carbon and methane emissions from its electric generation and natural gas infrastructure by 2050 from the 2005 level. In May 2021, Dominion Energy acquired 100% ownership interest in Birdseye from BRE Holdings, LLC. Birdseye is primarily engaged in the development of solar energy projects in the southeastern states, in the United States, where 2.5 GW of solar generation projects are under development. Organic projects and acquired assets will further expand the company’s clean energy portfolio. Dominion Energy has plans to invest a total of $42 billion in offshore wind and solar projects during 2022-2035 to further expand renewable operations. Headwinds After investing billions of dollars and working for almost six years to complete the Atlantic Coast Pipeline project, Dominion and its partner Duke Energy, decided to discontinue the project. Legal challenges surrounding the project have created uncertainty and increased the project’s cost. This is a major setback for the company and will hurt its goal of expanding the natural gas infrastructure. Dominion Energy and its gas unit depend on third-party producers for the supply of natural gas. If a producer refuses to deliver a specific quantity of natural gas or NGL to Dominion, it would consequently reduce the volume of natural gas and NGL available for the company’s pipelines and other assets. This will certainly affect revenues, in case Dominion fails to replace the lost volumes. The increase in interest rates from near-zero levels and the possibility of more interest rate hikes will result in an increase in financing costs of the company and impact margins. Price Performance In the past month, shares of Dominion Energy have risen 5.2% against its industry’s 4.5% decline. Image Source: Zacks Investment Research Other Stocks to Consider A few better-ranked stocks in the same industry worth considering are Exelon Corporation EXC, WEC Energy Group (WEC) and Otter Tail Corporation OTTR, each currently having a Zacks Rank #2 (Buy). The Zacks Consensus Estimate for 2022 earnings of Exelon, WEC Energy and Otter Tail has moved up by 0.4%, 0.5% and 37.7%, respectively, in the last 60 days. Exelon, WEC Energy and Otter Tail reported average surprise of 7.7%, 8.6% and 36.9%, respectively, in the last four reported quarters. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report Otter Tail Corporation (OTTR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-07-18,43.5924,43.8088,43.0363,43.0609,
EXC,2022-07-19,43.5136,43.6415,42.9232,43.0019,
EXC,2022-07-20,43.1987,43.4152,42.4017,42.4115,
EXC,2022-07-21,42.4804,42.5936,42.0474,42.5689,
EXC,2022-07-22,42.7854,43.3906,42.7765,43.3168,"Friday Sector Leaders: Utilities, Consumer Products Looking at the sectors faring best as of midday Friday, shares of Utilities companies are outperforming other sectors, up 0.6%. Within that group, CMS Energy Corp (Symbol: CMS) and Exelon Corp (Symbol: EXC) are two large stocks leading the way, showing a gain of 1.2% and 1.1%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.7% on the day, and down 2.27% year-to-date. CMS Energy Corp, meanwhile, is up 0.91% year-to-date, and Exelon Corp is up 7.78% year-to-date. Combined, CMS and EXC make up approximately 6.3% of the underlying holdings of XLU. The next best performing sector is the Consumer Products sector, losing just 0.4%. Among large Consumer Products stocks, Philip Morris International Inc (Symbol: PM) and Colgate-Palmolive Co. (Symbol: CL) are the most notable, showing a gain of 2.4% and 1.2%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is up 0.5% in midday trading, and down 2.11% on a year-to-date basis. Philip Morris International Inc, meanwhile, is up 3.49% year-to-date, and Colgate-Palmolive Co., is down 8.09% year-to-date. Combined, PM and CL make up approximately 10.0% of the underlying holdings of IYK. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, one sector is up on the day, while eight sectors are down. SECTOR % CHANGE Utilities +0.6% Consumer Products -0.4% Financial -0.9% Industrial -1.1% Materials -1.1% Healthcare -1.2% Services -1.4% Energy -1.4% Technology & Communications -2.0% 25 Dividend Giants Widely Held By ETFs » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-07-25,43.3955,43.8481,43.1791,43.7104,
EXC,2022-07-26,43.917,44.2467,43.6415,43.9859,
EXC,2022-07-27,43.8285,43.9564,43.3119,43.7498,"[""Wednesday Sector Laggards: Utilities, Consumer Products In afternoon trading on Wednesday, Utilities stocks are the worst performing sector, showing a 0.5% loss. Within the sector, Exelon Corp (Symbol: EXC) and Southern Company (Symbol: SO) are two of the day's laggards, showing a loss of 1.2% and 1.1%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.6% on the day, and down 0.37% year-to-date. Exelon Corp, meanwhile, is up 8.78% year-to-date, and Southern Company is up 8.02% year-to-date. Combined, EXC and SO make up approximately 12.1% of the underlying holdings of XLU. The next worst performing sector is the Consumer Products sector, showing a 0.3% loss. Among large Consumer Products stocks, Garmin Ltd (Symbol: GRMN) and Kraft Heinz Co (Symbol: KHC) are the most notable, showing a loss of 9.8% and 7.3%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is down 0.7% in midday trading, and down 1.12% on a year-to-date basis. Garmin Ltd, meanwhile, is down 31.09% year-to-date, and Kraft Heinz Co is up 1.95% year-to-date. KHC makes up approximately 1.3% of the underlying holdings of IYK. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, six sectors are up on the day, while two sectors are down. SECTOR % CHANGE Technology & Communications +1.8% Services +1.4% Energy +1.2% Industrial +0.8% Materials +0.4% Financial +0.1% Healthcare 0.0% Consumer Products -0.3% Utilities -0.5% 10 ETFs With Stocks That Insiders Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Analysts Estimate Exelon (EXC) to Report a Decline in Earnings: What to Look Out for Exelon (EXC) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2022. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on August 3, 2022, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on theearnings callwill mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate This energy company is expected to post quarterly earnings of $0.46 per share in its upcoming report, which represents a year-over-year change of -48.3%. Revenues are expected to be $4.12 billion, down 47.9% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 2.97% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for Exelon? For Exelon, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that Exelon will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Exelon would post earnings of $0.66 per share when it actually produced earnings of $0.64, delivering a surprise of -3.03%. Over the last four quarters, the company has beaten consensus EPS estimates just once. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Exelon doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. An Industry Player's Expected Results Another stock from the Zacks Utility - Electric Power industry, CenterPoint Energy (CNP), is soon expected to post earnings of $0.28 per share for the quarter ended June 2022. This estimate indicates a year-over-year change of -22.2%. Revenues for the quarter are expected to be $1.73 billion, down 0.8% from the year-ago quarter. The consensus EPS estimate for CenterPoint has been revised 3.2% higher over the last 30 days to the current level. However, an equal Most Accurate Estimate has resulted in an Earnings ESP of 0.00%. This Earnings ESP, combined with its Zacks Rank #1 (Strong Buy), makes it difficult to conclusively predict that CenterPoint will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500\u2019s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don\u2019t miss your chance to get in\u2026because the sooner you do, the more upside you stand to grab. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-07-28,44.3107,45.5604,44.0942,45.5309,"MGE (MGEE) to Report Q2 Results: What You Should Expect MGE (MGEE) is expected to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended June 2022. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on theearnings call it's worth handicapping the probability of a positive EPS surprise. Zacks Consensus Estimate This public utility holding company is expected to post quarterly earnings of $0.63 per share in its upcoming report, which represents no change from the year-ago quarter. Revenues are expected to be $144.11 million, up 10.2% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for MGE? For MGE, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -3.18%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that MGE will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that MGE would post earnings of $0.97 per share when it actually produced earnings of $0.95, delivering a surprise of -2.06%. Over the last four quarters, the company has beaten consensus EPS estimates two times. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. MGE doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. An Industry Player's Expected Results Another stock from the Zacks Utility - Electric Power industry, Exelon (EXC), is soon expected to post earnings of $0.46 per share for the quarter ended June 2022. This estimate indicates a year-over-year change of -48.3%. Revenues for the quarter are expected to be $4.12 billion, down 47.9% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for Exelon has been revised 3% up to the current level. Nevertheless, the company now has an Earnings ESP of 0.00%, reflecting an equal Most Accurate Estimate. When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that Exelon will beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MGE Energy Inc. (MGEE): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-07-29,45.2848,45.9983,45.2848,45.7474,
EXC,2022-08-01,45.6686,45.8555,44.7928,45.3735,"Exelon (EXC) to Report Q2 Earnings: What's in the Cards? Exelon Corporation EXC is expected to release second-quarter 2022 earnings on Aug 3. The utility delivered an average negative earnings surprise of 7.73% for the last four reported quarters. Let’s see how things have shaped up before the upcoming earnings announcement. Factors to Note Exelon’s second-quarter earnings are likely to have gained from cost management, strong demand from commercial and industrial customers, and decoupled distribution rates, which reduce volumetric risk. Exelon’s second-quarter earnings are likely to have benefitted from new rates effective in service territories of its unit, Commonwealth Edison, PECO Energy Company and Atlantic City Electric. Expectations The Zacks Consensus Estimate for second-quarter revenues and earnings per share is pegged at $4.12 billion and 46 cents, respectively. The bottom-line projection indicates a decline of 48.3% from the year-ago quarter’s reported figure and the top-line estimate suggests a 47.9% year-over-year decline. What Our Quantitative Model Predicts Our proven model does not conclusively predict an earnings beat for Exelon this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is not the case here, as you will see below. You can see the complete list of today's Zacks #1 Rank stocks here. Exelon Corporation Price and EPS Surprise Exelon Corporation price-eps-surprise | Exelon Corporation Quote Earnings ESP: Exelon’s Earnings ESP is 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. Zacks Rank: Currently, Exelon carries a Zacks Rank #3. Stocks to Consider Investors can consider players from the same industry that have the right combination of elements to post an earnings beat in the to-be-reported quarter. WEC Energy Group WEC is likely to come up with an earnings beat when it reports second-quarter results on Aug 2. WEC has an Earnings ESP of +0.08% and a Zacks Rank of #2 at present. WEC Energy’s long-term (three to five years) earnings growth is currently pegged at 6.08%. The Zacks Consensus Estimate for WEC’s 2022 and 2023 EPS indicates 6.3% and 5.4% year-over-year growth, respectively. Entergy Corporation ETR is likely to come up with an earnings beat when it reports second-quarter results on Aug 3. ETR has an Earnings ESP of +0.35% and a Zacks Rank of #3 at present. Entergy’s long-term earnings growth is currently pegged at 6.7%. The Zacks Consensus Estimate for ETR’s 2022 and 2023 EPS indicates 5.6% and 5.9% year-over-year growth, respectively. Consolidated Edison ED is likely to come up with an earnings beat when it reports second-quarter results on Aug 4. ED has an Earnings ESP of +1.15% and a Zacks Rank of #3 at present. Consolidated Edison’s long-term earnings growth is currently pegged at 2%. The Zacks Consensus Estimate for ED’s 2022 and 2023 EPS indicates 2.3% and 7.7% year-over-year growth, respectively. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want to Know the #1 Semiconductor Stock for 2022? Few people know how promising the semiconductor market is. Over the last couple of years, disruptions to the supply chain have caused shortages in several industries. The absence of one single semiconductor can stop all operations in certain industries. This year, companies that create and produce this essential material will have incredible pricing power. For a limited time, Zacks is revealing the top semiconductor stock for 2022. You'll find it in our new Special Report, One Semiconductor Stock Stands to Gain the Most. Today, it's yours free with no obligation. >>Give me access to my free special report. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Entergy Corporation (ETR): Free Stock Analysis Report Consolidated Edison Inc (ED): Free Stock Analysis Report WEC Energy Group, Inc. (WEC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-08-02,45.5407,45.7768,45.0191,45.0979,"[""Pre-Market Earnings Report for August 3, 2022 : CVS, MRNA, REGN, EPD, EXC, YUM, TT, ABC, CDW, ETR, PPL, HZNP The following companies are expected to report earnings prior to market open on 08/03/2022. Visit our Earnings Calendar for a full list of expected earnings releases. CVS Health Corporation (CVS)is reporting for the quarter ending June 30, 2022. The drug store company's consensus earnings per share forecast from the 10 analysts that follow the stock is $2.16. This value represents a 10.74% decrease compared to the same quarter last year. In the past year CVS has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 3.74%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for CVS is 11.51 vs. an industry ratio of 4.20, implying that they will have a higher earnings growth than their competitors in the same industry. Moderna, Inc. (MRNA)is reporting for the quarter ending June 30, 2022. The biomedical (gene) company's consensus earnings per share forecast from the 9 analysts that follow the stock is $4.50. This value represents a 30.34% decrease compared to the same quarter last year. MRNA missed the consensus earnings per share in the 3rd calendar quarter of 2021 by -14.06%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for MRNA is 5.94 vs. an industry ratio of -0.40, implying that they will have a higher earnings growth than their competitors in the same industry. Regeneron Pharmaceuticals, Inc. (REGN)is reporting for the quarter ending June 30, 2022. The biomedical (gene) company's consensus earnings per share forecast from the 8 analysts that follow the stock is $8.53. This value represents a 69.50% decrease compared to the same quarter last year. In the past year REGN has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 22.63%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for REGN is 14.10 vs. an industry ratio of -0.40, implying that they will have a higher earnings growth than their competitors in the same industry. Enterprise Products Partners L.P. (EPD)is reporting for the quarter ending June 30, 2022. The oil/gas company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.63. This value represents a 23.53% increase compared to the same quarter last year. EPD missed the consensus earnings per share in the 4th calendar quarter of 2021 by -3.7%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for EPD is 10.73 vs. an industry ratio of 9.50, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation (EXC)is reporting for the quarter ending June 30, 2022. The electric power utilities company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.46. This value represents a 48.31% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for EXC is 20.22 vs. an industry ratio of 11.60, implying that they will have a higher earnings growth than their competitors in the same industry. Yum! Brands, Inc. (YUM)is reporting for the quarter ending June 30, 2022. The restaurant company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.08. This value represents a 6.90% decrease compared to the same quarter last year. The last two quarters YUM had negative earnings surprises; the latest report they missed by -1.87%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for YUM is 26.57 vs. an industry ratio of -54.60, implying that they will have a higher earnings growth than their competitors in the same industry. Trane Technologies plc (TT)is reporting for the quarter ending June 30, 2022. The technology services company's consensus earnings per share forecast from the 8 analysts that follow the stock is $2.10. This value represents a 9.38% increase compared to the same quarter last year. TT missed the consensus earnings per share in the 3rd calendar quarter of 2021 by -3.23%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for TT is 20.84 vs. an industry ratio of 0.40, implying that they will have a higher earnings growth than their competitors in the same industry. AmerisourceBergen Corporation (Holding Co) (ABC)is reporting for the quarter ending June 30, 2022. The medical/dental supplies company's consensus earnings per share forecast from the 7 analysts that follow the stock is $2.57. This value represents a 18.98% increase compared to the same quarter last year. ABC missed the consensus earnings per share in the 4th calendar quarter of 2021 by -0.39%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for ABC is 13.34 vs. an industry ratio of 24.40. CDW Corporation (CDW)is reporting for the quarter ending June 30, 2022. The information technology services company's consensus earnings per share forecast from the 6 analysts that follow the stock is $2.31. This value represents a 20.31% increase compared to the same quarter last year. In the past year CDW has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 10.42%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for CDW is 19.77 vs. an industry ratio of 10.00, implying that they will have a higher earnings growth than their competitors in the same industry. Entergy Corporation (ETR)is reporting for the quarter ending June 30, 2022. The electric power utilities company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.41. This value represents a 5.22% increase compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for ETR is 18.15 vs. an industry ratio of 11.60, implying that they will have a higher earnings growth than their competitors in the same industry. PPL Corporation (PPL)is reporting for the quarter ending June 30, 2022. The electric power utilities company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.29. This value represents a 52.63% increase compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for PPL is 21.01 vs. an industry ratio of 11.60, implying that they will have a higher earnings growth than their competitors in the same industry. Horizon Therapeutics Public Limited Company (HZNP)is reporting for the quarter ending June 30, 2022. The biomedical (gene) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.34. This value represents a 17.28% decrease compared to the same quarter last year. In the past year HZNP has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 16.52%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for HZNP is 14.44 vs. an industry ratio of -0.40, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for August 3, 2022 : CVS, MRNA, REGN, EPD, EXC, YUM, TT, ABC, CDW, ETR, PPL, HZNP The following companies are expected to report earnings prior to market open on 08/03/2022. Visit our Earnings Calendar for a full list of expected earnings releases. CVS Health Corporation (CVS)is reporting for the quarter ending June 30, 2022. The drug store company's consensus earnings per share forecast from the 10 analysts that follow the stock is $2.16. This value represents a 10.74% decrease compared to the same quarter last year. In the past year CVS has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 3.74%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for CVS is 11.51 vs. an industry ratio of 4.20, implying that they will have a higher earnings growth than their competitors in the same industry. Moderna, Inc. (MRNA)is reporting for the quarter ending June 30, 2022. The biomedical (gene) company's consensus earnings per share forecast from the 9 analysts that follow the stock is $4.50. This value represents a 30.34% decrease compared to the same quarter last year. MRNA missed the consensus earnings per share in the 3rd calendar quarter of 2021 by -14.06%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for MRNA is 5.94 vs. an industry ratio of -0.40, implying that they will have a higher earnings growth than their competitors in the same industry. Regeneron Pharmaceuticals, Inc. (REGN)is reporting for the quarter ending June 30, 2022. The biomedical (gene) company's consensus earnings per share forecast from the 8 analysts that follow the stock is $8.53. This value represents a 69.50% decrease compared to the same quarter last year. In the past year REGN has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 22.63%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for REGN is 14.10 vs. an industry ratio of -0.40, implying that they will have a higher earnings growth than their competitors in the same industry. Enterprise Products Partners L.P. (EPD)is reporting for the quarter ending June 30, 2022. The oil/gas company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.63. This value represents a 23.53% increase compared to the same quarter last year. EPD missed the consensus earnings per share in the 4th calendar quarter of 2021 by -3.7%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for EPD is 10.73 vs. an industry ratio of 9.50, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation (EXC)is reporting for the quarter ending June 30, 2022. The electric power utilities company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.46. This value represents a 48.31% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for EXC is 20.22 vs. an industry ratio of 11.60, implying that they will have a higher earnings growth than their competitors in the same industry. Yum! Brands, Inc. (YUM)is reporting for the quarter ending June 30, 2022. The restaurant company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.08. This value represents a 6.90% decrease compared to the same quarter last year. The last two quarters YUM had negative earnings surprises; the latest report they missed by -1.87%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for YUM is 26.57 vs. an industry ratio of -54.60, implying that they will have a higher earnings growth than their competitors in the same industry. Trane Technologies plc (TT)is reporting for the quarter ending June 30, 2022. The technology services company's consensus earnings per share forecast from the 8 analysts that follow the stock is $2.10. This value represents a 9.38% increase compared to the same quarter last year. TT missed the consensus earnings per share in the 3rd calendar quarter of 2021 by -3.23%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for TT is 20.84 vs. an industry ratio of 0.40, implying that they will have a higher earnings growth than their competitors in the same industry. AmerisourceBergen Corporation (Holding Co) (ABC)is reporting for the quarter ending June 30, 2022. The medical/dental supplies company's consensus earnings per share forecast from the 7 analysts that follow the stock is $2.57. This value represents a 18.98% increase compared to the same quarter last year. ABC missed the consensus earnings per share in the 4th calendar quarter of 2021 by -0.39%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for ABC is 13.34 vs. an industry ratio of 24.40. CDW Corporation (CDW)is reporting for the quarter ending June 30, 2022. The information technology services company's consensus earnings per share forecast from the 6 analysts that follow the stock is $2.31. This value represents a 20.31% increase compared to the same quarter last year. In the past year CDW has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 10.42%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for CDW is 19.77 vs. an industry ratio of 10.00, implying that they will have a higher earnings growth than their competitors in the same industry. Entergy Corporation (ETR)is reporting for the quarter ending June 30, 2022. The electric power utilities company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.41. This value represents a 5.22% increase compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for ETR is 18.15 vs. an industry ratio of 11.60, implying that they will have a higher earnings growth than their competitors in the same industry. PPL Corporation (PPL)is reporting for the quarter ending June 30, 2022. The electric power utilities company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.29. This value represents a 52.63% increase compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for PPL is 21.01 vs. an industry ratio of 11.60, implying that they will have a higher earnings growth than their competitors in the same industry. Horizon Therapeutics Public Limited Company (HZNP)is reporting for the quarter ending June 30, 2022. The biomedical (gene) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.34. This value represents a 17.28% decrease compared to the same quarter last year. In the past year HZNP has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 16.52%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for HZNP is 14.44 vs. an industry ratio of -0.40, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ENGIY vs. EXC: Which Stock Is the Better Value Option? Investors interested in stocks from the Utility - Electric Power sector have probably already heard of GDF Suez SA (ENGIY) and Exelon (EXC). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits. Currently, GDF Suez SA has a Zacks Rank of #2 (Buy), while Exelon has a Zacks Rank of #3 (Hold). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that ENGIY has an improving earnings outlook. However, value investors will care about much more than just this. Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels. The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors. ENGIY currently has a forward P/E ratio of 6.21, while EXC has a forward P/E of 20.25. We also note that ENGIY has a PEG ratio of 0.94. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. EXC currently has a PEG ratio of 2.85. Another notable valuation metric for ENGIY is its P/B ratio of 0.63. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, EXC has a P/B of 1.92. These metrics, and several others, help ENGIY earn a Value grade of A, while EXC has been given a Value grade of C. ENGIY sticks out from EXC in both our Zacks Rank and Style Scores models, so value investors will likely feel that ENGIY is the better option right now. Zacks' Top Picks to Cash in on Electric Vehicles Big money has already been made in the Electric Vehicle (EV) industry. But, the EV revolution has not hit full throttle yet. There is a lot of money to be made as the next push for future technologies ramps up. Zacks\u2019 Special Report reveals 5 picks investors See 5 EV Stocks With Extreme Upside Potential >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GDF Suez SA (ENGIY): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-08-03,43.5628,44.2714,43.2578,43.6022,"[""Exelon Q2 22 Earnings Conference Call At 10:00 AM ET (RTTNews) - Exelon Corp. (EXC) will host a conference call at 10:00 AM ET on August 3, 2022, to discuss Q2 22 earnings results. To access the live webcast, log on to https://investors.exeloncorp.com/events/event-details/q2-2022-exelon-corporation-earnings-conference-call The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Nasdaq 100 Movers: MTCH, MRNA In early trading on Wednesday, shares of Moderna topped the list of the day's best performing components of the Nasdaq 100 index, trading up 14.3%. Year to date, Moderna Inc has lost about 27.6% of its value. And the worst performing Nasdaq 100 component thus far on the day is Match Group, trading down 21.6%. Match Group is lower by about 54.5% looking at the year to date performance. Two other components making moves today are Exelon, trading down 2.5%, and PayPal Holdings, trading up 13.2% on the day. VIDEO: Nasdaq 100 Movers: MTCH, MRNA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""What's Going on With NextEra Energy's Profitability? NextEra Energy (NYSE: NEE) has rewarded investors with market-beating returns over the last one year, five years, three years, and 10 years, all while growing its adjusted earnings and dividend. Wall Street reacted favorably to NextEra's Q2 2022 earnings, as NextEra stock gained 1.75% on 7/22 despite a down day for the broader indices. But if we dig deeper into NextEra's results, it quickly becomes clear that the company is facing degrading profitability. Here's a breakdown of what's driving NextEra's weakening profitability, and if it affects the company's long-term investment thesis. Image source: Getty Images. A quick primer on profitability ratios If you're new to investing, or even if you've got a few years of experience under your belt, financial ratios can be confusing and intimidating. You've probably heard of the price-to-earnings ratio, which is the price of a stock divided by the trailing twelve month (ttm) earnings per share (EPS). Another way of finding the P/E ratio is the ttm net income divided by the market cap. The P/E ratio simply tells investors the multiple of what the company is worth relative to a year's worth of earnings. A P/E of 20 would indicate the market cap is 20 times its ttm earnings. Simple enough. Profitability ratios are quite different than the P/E. Instead of talking about the valuation of a stock, profitability ratios can be more useful because they look at how well the business is performing -- not whether it's overvalued or not. A few profitability ratios that are worth knowing are return on assets (ROA), return on equity (ROE), return on capital employed (ROCE), and cash flow to total assets or cash flow from operations (CFO) to assets. The higher all four of these ratios are, the better. The formula for ROE is net income divided by shareholders equity (SE). SE is a simpler way of saying the net worth of a company if all assets were sold and debts were repaid. Put another way, assets minus liabilities equals SE. ROE tells an investor how effective the business is at putting equity to work. Meanwhile, ROA is simply the net income divided by total assets. While ROE takes into account liabilities, ROA does not. Instead, it shows how effective a company is at generating net income from its assets. ROCE is a bit different. Instead of using net income as the numerator, it uses earnings before interest and taxes (EBIT) as a purer way to gauge the business. It then divides EBIT by capital employed -- providing a raw look at the use of capital and how much the business is earning from it. Meanwhile, CFO to assets shows the cash flow from operations, not the net income, divided by total assets. It's a good metric for looking at how much cash flow a company is generating from its assets. Taken together, these four profitability metrics provide insight into a company's results relative to its historical performance and how its peers are doing. NextEra Energy as a real-world example Four years ago, NextEra Energy was not only growing quickly, but it was also using capital, equity, and its assets incredibly effectively. Let's look at NextEra Energy and the 10 largest U.S. regulated electric utilities by market cap. Four years ago, NextEra Energy had the highest ROE of its peer group. Today, it has the second-lowest. NEE Return on Equity data by YCharts Same thing for ROA, NextEra went from first to 9th in just a few years. NEE Return on Assets data by YCharts The story is the same for ROCE NEE Return on Capital Employed data by YCharts Yet for CFO to assets, NextEra Energy ranks fourth and has historically been in the middle of the pack or just slightly above it. NEE CFO to Assets (TTM) data by YCharts Why isn't the stock crashing? Given the stark decrease in NextEra's profitability metrics, you may be wondering why the stock is doing well relative to the S&P 500. There are a few reasons for this. For starters, the company has been measuring and executing on its goals using adjusted EPS, not EPS. NextEra's adjusted EPS accounts for non-qualifying hedging contracts, impairment charges, income tax expenses, and other factors. The company believes adjusted EPS better shows its progress. In the 15-year period from 2006 to 2021, NextEra Energy grew its adjusted EPS at a compound annual growth rate (CAGR) of 8.4%, and its dividend per share (DPS) grew at a 9.8% CAGR. It expects to grow its adjusted EPS at a 10% CAGR at the high end of its guidance range from 2021 to 2025, and then 6% to 8% per year off its adjusted EPS range for 2024. Similarly, it expects to grow its DPS at around 10% annually through at least 2024. NextEra's adjusted EPS may be growing nicely. But its unadjusted EPS is weak. For example, for the six months ended June 30, 2022, its adjusted EPS was $1.54, but its diluted EPS was just $0.47. Given that profitability metrics are unadjusted, NextEra's ROA, ROE, and ROCE all look low because its net income is low. As for its CFO to assets, the company's CFO remains strong relative to its net income. The stock market is forward-looking NextEra's energy development pipeline is growing at its fastest pace ever, with more renewable electric generating capacity coming online in the next four years than currently exists for the entire company. Capacity additions have resulted in a spending spree as it builds out its renewable portfolio and transitions further away from natural gas and toward solar. The spending has come at the expense of its profitability, and has boosted debt on its balance sheet. However, realizing that NextEra's adjusted EPS has been growing nicely and that it hasn't realized the full extent of its earnings and the CFO potential of many of the multi-decade assets it has invested in makes its weakening profitability metrics understandable. Hopefully this exercise casts light on the benefits and drawbacks of using profitability metrics to value a company. 10 stocks we like better than NextEra Energy When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and NextEra Energy wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 2, 2022 Daniel Foelber has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends NextEra Energy. The Motley Fool recommends Dominion Energy, Inc and Duke Energy. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Q2 Earnings Miss Estimates Exelon (EXC) came out with quarterly earnings of $0.44 per share, missing the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -4.35%. A quarter ago, it was expected that this energy company would post earnings of $0.66 per share when it actually produced earnings of $0.64, delivering a surprise of -3.03%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Exelon, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $4.24 billion for the quarter ended June 2022, surpassing the Zacks Consensus Estimate by 2.85%. This compares to year-ago revenues of $7.92 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Exelon shares have lost about 20.7% since the beginning of the year versus the S&P 500's decline of -14.2%. What's Next for Exelon? While Exelon has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Exelon: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.69 on $4.99 billion in revenues for the coming quarter and $2.28 on $19.07 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the top 33% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Vistra Corp. (VST), another stock in the same industry, has yet to report results for the quarter ended June 2022. The results are expected to be released on August 5. This company is expected to post quarterly earnings of $0.39 per share in its upcoming report, which represents a year-over-year change of +290%. The consensus EPS estimate for the quarter has been revised 90.6% lower over the last 30 days to the current level. Vistra Corp.'s revenues are expected to be $2.58 billion, up 0.5% from the year-ago quarter. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Vistra Corp. (VST): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Reaffirms FY22 Outlook; Q2 Results Top Estimates (RTTNews) - While reporting financial results for the second quarter on Wednesday, electric utility Exelon Corp. (EXC) reaffirmed its operating earnings guidance for full-year 2022 in the range of $2.18 to $2.32 per share. On average, 20 analysts polled by Thomson Reuters expect the company to report earnings of $2.26 per share for the year. Analysts' estimates typically exclude special items. For the second quarter, the company reported net income of $465 million or $0.47 per share, up from $401 million or $0.33 per share in the prior-year quarter. Excluding items, operating earnings were $0.44 per share, compared to $0.36 per share in the year-ago quarter. Operating revenue for the quarter increased to $4.24 billion from $4.02 billion in the same quarter last year. The Street was looking for earnings of $0.46 per share on revenues of $3.99 billion for the quarter. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Wednesday Sector Laggards: Energy, Utilities In afternoon trading on Wednesday, Energy stocks are the worst performing sector, showing a 1.6% loss. Within that group, Devon Energy Corp. (Symbol: DVN) and Occidental Petroleum Corp (Symbol: OXY) are two large stocks that are lagging, showing a loss of 4.2% and 4.1%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is down 2.0% on the day, and up 38.08% year-to-date. Devon Energy Corp., meanwhile, is up 37.04% year-to-date, and Occidental Petroleum Corp is up 116.20% year-to-date. Combined, DVN and OXY make up approximately 7.2% of the underlying holdings of XLE. The next worst performing sector is the Utilities sector, higher by 0.3%. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and Atmos Energy Corp. (Symbol: ATO) are the most notable, showing a loss of 3.3% and 0.7%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is up 0.5% in midday trading, and up 5.08% on a year-to-date basis. Exelon Corp, meanwhile, is up 9.24% year-to-date, and Atmos Energy Corp. is up 15.18% year-to-date. Combined, EXC and ATO make up approximately 5.7% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, eight sectors are up on the day, while one sector is down. SECTOR % CHANGE Technology & Communications +1.8% Services +1.7% Financial +1.3% Industrial +1.3% Consumer Products +1.0% Healthcare +0.8% Materials +0.4% Utilities +0.3% Energy -1.6% 10 ETFs With Stocks That Insiders Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-08-04,43.7792,44.6403,43.7203,44.3402,"Company News for Aug 4, 2022 Shares of Moderna, Inc. MRNA surged 16% after it announced a $3 billion share buyback plan. Regeneron Pharmaceuticals, Inc.’s REGN shares rose 5.9% after it reported second-quarter 2022 earnings of $9.77 per share, beating the Zacks Consensus Estimate of $8.53 per share. Shares of Horizon Therapeutics Public Limited Company HZNP plummeted 18.5% after it reported second-quarter 2022 revenues of $876.4 million, missing the Zacks Consensus Estimate of $938.8 million. Exelon Corporation’s EXC shares fell 3.3% after it reported second-quarter 2022 earnings of $0.44 per share, missing the Zacks Consensus Estimate of $0.46 per share. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Regeneron Pharmaceuticals, Inc. (REGN): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report Moderna, Inc. (MRNA): Free Stock Analysis Report Horizon Therapeutics Public Limited Company (HZNP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-08-05,44.2812,44.8667,43.425,44.0548,"[""Energy Sector Update for 08/05/2022: CVX,ERF,ERF.TO,SWN,EXC Energy stocks extended their Friday recovery this afternoon following several days of declines earlier this week. At last look, the NYSE Energy Sector Index was rising 1.7% while the SPDR Energy Select Sector ETF (XLE) was up 2.3%. The Philadelphia Oil-Service Sector index was posting a 2.3% advance although the Dow Jones US Utilities Index was sinking 0.6% in late trade. West Texas Intermediate crude oil settled $0.47 higher at $89.01 per barrel while North Sea Brent crude was advancing $0.23 to $94.30 per barrel. Henry Hub natural gas futures fell $0.06 to $8.04 per 1 million BTU. In company news, Chevron (CVX) rose 1.8% after Societe Generale raised its investment recommendation for the energy major to buy from hold and also increased its price target for the company's shares by $15 to $190 apiece. Southwestern Energy (SWN) gained 5.2% after the exploration and production firm reported non-GAAP Q2 net income of $0.33 per diluted share, improving on a $0.19 profit a year earlier and beating the Capital IQ consensus by $0.03 per share. Revenue nearly quadrupled over the same quarter last year, rising 294% to $4.14 billion and also topping the $1.87 billion Street view. Enerplus (ERF) added 8% after the Canadian oil and natural gas producer earned $0.99 per share on a GAAP basis in Q2, reversing an $0.18 per share loss a year ago and beating the analyst estimate of $0.76. The company also increased its quarterly dividend by 16% to $0.05 per share. To the downside, Exelon (EXC) declined 0.8% after the electric and natural gas utility Friday priced a $500 million public offering of 11.3 million common shares at $44.25 apiece, or 1.8% under Thursday's closing price. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Energy Sector Update for 08/05/2022: ERF,ERF.TO,SWN,EXC Energy stocks were rebounding this afternoon following several days of declines earlier this week. At last look, the NYSE Energy Sector Index was rising 1.6% while the SPDR Energy Select Sector ETF (XLE) was up 2.7%. The Philadelphia Oil-Service Sector index was posting a 2.9% advance although the Dow Jones US Utilities Index was sinking 0.9%. West Texas Intermediate crude oil was rising $0.90 to $89.44 per barrel while North Sea Brent crude was advancing $1.18 to $95.30 per barrel. Henry Hub natural gas futures were $0.07 higher at $8.19 per 1 million BTU. In company news, Enerplus (ERF) added 8.5% after the Canadian oil and natural gas producer earned $0.99 per share on a GAAP basis in Q2, reversing an $0.18 per share loss a year ago and beating the analyst estimate of $0.76. The company also increased its quarterly dividend by 16% to $0.05 per share. Southwestern Energy (SWN) gained 6.5% after the exploration and production firm reported non-GAAP Q2 net income of $0.33 per diluted share, improving on a $0.19 profit a year earlier and beating the Capital IQ consensus by $0.03 per share. Revenue nearly quadrupled over the same quarter last year, rising 294% to $4.14 billion and also topping the $1.87 billion Street view. Exelon (EXC) declined 1% after the electric and natural gas utility Friday priced a $500 million public offering of of 11.3 million common shares at $44.25 apiece, or 1.8% under Thursday's closing price. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-08-08,44.6452,44.8027,43.9877,44.2614,
EXC,2022-08-09,44.4091,44.8469,44.2467,44.6747,"U.S. utility MDU Resources backs its strategy after Meister's Corvex takes stake By David French and Svea Herbst-Bayliss Aug 9 (Reuters) - MDU Resources Group Inc MDU.N is confident in its current strategy, the company said on Tuesday, after activist investor Corvex Management unveiled a nearly 5% stake in the U.S. utility. Corvex, which is controlled by Keith Meister, said in a regulatory filing late on Monday it bought shares in MDU as it believes the stock is undervalued. Corvex also wants to discuss strategic options with the board and management, and other measures to improve the company's valuation. Last week, Bismarck, North Dakota-based MDU said it would separate its construction materials unit - Knife River Corporation - into a separate public company, with shares in the new entity to be distributed to MDU shareholders. The company's stock price has dropped 10% in the last 52 weeks but investors reacted positively to news of the planned separation and pushed the share price higher. In the Monday filing, Corvex called the plan to spin off Knife River a ""positive first step."" But Corvex also said it plans to engage with the company about additional strategic alternatives at MDU to enhance the earnings potential of the power company. In a statement to Reuters, an MDU spokesperson said it was aware of Corvex's recent investment in the company and while it welcomed engagement from shareholders, it was confident in its current strategic direction. Meister did not immediately respond to a request for additional comment. Unlike some other activist investors, Meister, who once worked for legendary corporate activists Carl Icahn, generally likes to keep a lower profile and talk with the board behind the scenes. Shares of MDU, which provides electric and gas services to 1.16 million customers across eight states, were trading 1.4% higher around 1 p.m. Eastern time on Tuesday, giving the company a market capitalization of $6 billion. The separation of Knife River is part of a broader trend of U.S. power companies to focus on their regulated businesses that investors see as steady revenues streams, as opposed to unregulated operations that rely heavily on market conditions. New York-based Corvex has been a regular investor in U.S. utilities in recent years. In October 2020, Corvex pushed Exelon Corp EXC.O to separate its regulated and unregulated power businesses, a move Exelon subsequently executed and completed in February. (Reporting by David French in New York and Svea Herbst-Bayliss in Boston; Editing by Josie Kao) ((davidj.french@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-08-10,44.8322,44.9502,44.1336,44.8027,"Ex-Dividend Reminder: Exelon, Southwest Gas Holdings and Otter Tail Looking at the universe of stocks we cover at Dividend Channel, on 8/12/22, Exelon Corp (Symbol: EXC), Southwest Gas Holdings, Inc. (Symbol: SWX), and Otter Tail Corp. (Symbol: OTTR) will all trade ex-dividend for their respective upcoming dividends. Exelon Corp will pay its quarterly dividend of $0.3375 on 9/9/22, Southwest Gas Holdings, Inc. will pay its quarterly dividend of $0.62 on 9/1/22, and Otter Tail Corp. will pay its quarterly dividend of $0.4125 on 9/9/22. As a percentage of EXC's recent stock price of $45.49, this dividend works out to approximately 0.74%, so look for shares of Exelon Corp to trade 0.74% lower — all else being equal — when EXC shares open for trading on 8/12/22. Similarly, investors should look for SWX to open 0.81% lower in price and for OTTR to open 0.52% lower, all else being equal. Below are dividend history charts for EXC, SWX, and OTTR, showing historical dividends prior to the most recent ones declared. Exelon Corp (Symbol: EXC): Southwest Gas Holdings, Inc. (Symbol: SWX): Otter Tail Corp. (Symbol: OTTR): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.97% for Exelon Corp, 3.23% for Southwest Gas Holdings, Inc., and 2.10% for Otter Tail Corp.. In Wednesday trading, Exelon Corp shares are currently up about 0.2%, Southwest Gas Holdings, Inc. shares are down about 2%, and Otter Tail Corp. shares are up about 0.5% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-08-11,44.8617,45.5604,44.7043,44.97,
EXC,2022-08-12,45.1068,45.8602,45.0969,45.771,
EXC,2022-08-15,45.6272,46.346,45.6223,46.2964,
EXC,2022-08-16,46.2468,46.8218,46.1675,46.2865,
EXC,2022-08-17,46.0188,46.1378,45.5925,45.8503,
EXC,2022-08-18,45.9197,46.3063,45.7363,45.9098,
EXC,2022-08-19,45.8602,46.0882,45.6421,45.7412,"IDU, AEP, SRE, EXC: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $62.1 million dollar outflow -- that's a 5.4% decrease week over week (from 12,000,000 to 11,350,000). Among the largest underlying components of IDU, in trading today American Electric Power Co Inc (Symbol: AEP) is up about 0.2%, Sempra (Symbol: SRE) is off about 0.1%, and Exelon Corp (Symbol: EXC) is lower by about 0.2%. For a complete list of holdings, visit the IDU Holdings page » The chart below shows the one year price performance of IDU, versus its 200 day moving average: Looking at the chart above, IDU's low point in its 52 week range is $78.1702 per share, with $95.75 as the 52 week high point — that compares with a last trade of $95.32. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-08-22,45.543,45.6322,44.8279,44.9581,
EXC,2022-08-23,44.8788,44.968,44.3236,44.6805,
EXC,2022-08-24,44.5714,45.1464,44.5367,45.0969,"EXC Added as Top 10 Utility Dividend Stock With 3.00% Yield Exelon Corp (Symbol: EXC) has been named as a Top 10 dividend paying utility stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among utilities, EXC shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong quarterly dividend history at Exelon Corp, and favorable long-term multi-year growth rates in key fundamental data points. The report stated, ''Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.'' The annualized dividend paid by Exelon Corp is $1.35/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 08/12/2022. Below is a long-term dividend history chart for EXC, which Dividend Channel stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. The Top 10 DividendRank'ed Utility Stocks » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-08-25,45.2852,45.543,44.8887,45.424,"Interesting EXC Put And Call Options For April 2023 Investors in Exelon Corp (Symbol: EXC) saw new options become available this week, for the April 2023 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 239 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the EXC options chain for the new April 2023 contracts and identified one put and one call contract of particular interest. The put contract at the $43.00 strike price has a current bid of $2.25. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $43.00, but will also collect the premium, putting the cost basis of the shares at $40.75 (before broker commissions). To an investor already interested in purchasing shares of EXC, that could represent an attractive alternative to paying $45.52/share today. Because the $43.00 strike represents an approximate 6% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 68%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 5.23% return on the cash commitment, or 7.99% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $43.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $47.00 strike price has a current bid of $2.75. If an investor was to purchase shares of EXC stock at the current price level of $45.52/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $47.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 9.29% if the stock gets called away at the April 2023 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if EXC shares really soar, which is why looking at the trailing twelve month trading history for Exelon Corp, as well as studying the business fundamentals becomes important. Below is a chart showing EXC's trailing twelve month trading history, with the $47.00 strike highlighted in red: Considering the fact that the $47.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 53%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 6.04% boost of extra return to the investor, or 9.23% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 29%, while the implied volatility in the call contract example is 23%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $45.52) to be 21%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-08-26,45.6718,45.7412,44.2839,44.3236,
EXC,2022-08-29,43.9965,44.9779,43.8577,44.6111,
EXC,2022-08-30,44.5814,44.7201,43.5008,43.6792,
EXC,2022-08-31,43.6594,44.3038,43.5206,43.5305,
EXC,2022-09-01,43.3422,44.1997,43.3422,44.0659,
EXC,2022-09-02,44.3335,44.8738,43.6098,43.699,"Why Is Exelon (EXC) Down 1.4% Since Last Earnings Report? A month has gone by since the last earnings report for Exelon (EXC). Shares have lost about 1.4% in that time frame, outperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Exelon due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Exelon Q2 Earnings Lag Estimates, Revenues Surpass Exelon Corporation’s second-quarter 2022 earnings of 44 cents per share lagged the Zacks Consensus Estimate of 46 cents by 4.3%. On a GAAP basis, second-quarter earnings were 47 cents per share compared with 33 cents in the year-ago quarter. The difference in GAAP and operating earnings per share was due to separation costs and income-tax-related adjustments. Total Revenues Exelon's second-quarter total revenues of $4.23 billion surpassed the Zacks Consensus Estimate of $4.12 billion by 2.8%. The top line improved 0.7% from the year-ago figure of $4.2 billion. Highlights of the Release Exelon's second-quarter total operating expenses increased 2.9% year over year to $3.54 billion. The increase was due to a rise in purchased power and fuel expenses, and increased operation and maintenance expenses. Operating income was $694 million, up 19.7% year over year. Interest expenses totaled $358 million, up 10.5% from the year-ago quarter. Financial Highlights Cash and cash equivalents were $816 million as of Jun 30, 2022, compared with $672 million as of Dec 31, 2021. Long-term debt was $35,789 million as of Jun 30, 2022, compared with $30,749 million as of Dec 31, 2021. Cash provided (used in) for operating activities for the first six months of 2022 was $3,420 million compared with $1,138 million in the first six months of 2021. Guidance Exelon has reiterated its 2022 earnings at $2.18-$2.32 per share. The mid-point of the revised guided range is $2.25, lower than the Zacks Consensus Estimate of $2.28 per share for the same period. Exelon plans to issue up to $1.0 billion of registered shares of common stock through 2025. The company aims to establish a $1.0-billion ATM program under which it can issue registered shares of common stock through designated broker-dealers at prevailing market prices. How Have Estimates Been Moving Since Then? In the past month, investors have witnessed an upward trend in fresh estimates. VGM Scores Currently, Exelon has a subpar Growth Score of D, however its Momentum Score is doing a lot better with a B. Following the exact same course, the stock was allocated a grade of B on the value side, putting it in the top 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Exelon has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Performance of an Industry Player Exelon is part of the Zacks Utility - Electric Power industry. Over the past month, WEC Energy Group (WEC), a stock from the same industry, has gained 0.8%. The company reported its results for the quarter ended June 2022 more than a month ago. WEC Energy reported revenues of $2.13 billion in the last reported quarter, representing a year-over-year change of +27%. EPS of $0.91 for the same period compares with $0.87 a year ago. WEC Energy is expected to post earnings of $0.85 per share for the current quarter, representing a year-over-year change of -7.6%. Over the last 30 days, the Zacks Consensus Estimate has changed -1.2%. WEC Energy has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of C. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report WEC Energy Group, Inc. (WEC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-09-06,43.8279,44.5219,43.4165,43.5107,
EXC,2022-09-07,43.7982,45.0969,43.7288,44.7201,
EXC,2022-09-08,44.4723,45.2803,44.4227,44.9779,
EXC,2022-09-09,45.3744,45.7313,45.0374,45.4438,
EXC,2022-09-12,45.543,45.7908,45.2059,45.7115,"Optimism for Exelon (NASDAQ:EXC) has grown this past week, despite five-year decline in earnings When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd like to see the share price move up more than the market average. Unfortunately for shareholders, while the Exelon Corporation (NASDAQ:EXC) share price is up 22% in the last five years, that's less than the market return. But if you include dividends then the return is market-beating. Zooming in, the stock is actually down 8.2% in the last year. The past week has proven to be lucrative for Exelon investors, so let's see if fundamentals drove the company's five-year performance. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). Exelon's earnings per share are down 0.05% per year, despite strong share price performance over five years. Since EPS is down a bit, and the share price is up, it's probably that the market previously had some concerns about the company, but the reality has been better than feared. Having said that, if the EPS falls continue we'd be surprised to see a sustained increase in share price. You can see how EPS has changed over time in the image below (click on the chart to see the exact values). NasdaqGS:EXC Earnings Per Share Growth September 12th 2022 We like that insiders have been buying shares in the last twelve months. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. It might be well worthwhile taking a look at our free report on Exelon's earnings, revenue and cash flow. What About Dividends? When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Exelon's TSR for the last 5 years was 102%, which exceeds the share price return mentioned earlier. And there's no prize for guessing that the dividend payments largely explain the divergence! A Different Perspective It's good to see that Exelon has rewarded shareholders with a total shareholder return of 33% in the last twelve months. Of course, that includes the dividend. That's better than the annualised return of 15% over half a decade, implying that the company is doing better recently. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. It's always interesting to track share price performance over the longer term. But to understand Exelon better, we need to consider many other factors. Like risks, for instance. Every company has them, and we've spotted 3 warning signs for Exelon (of which 1 shouldn't be ignored!) you should know about. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-09-13,45.2357,45.3348,43.4413,43.6396,"First Week of January 2025 Options Trading For Exelon (EXC) Investors in Exelon Corp (Symbol: EXC) saw new options begin trading this week, for the January 2025 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 857 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the EXC options chain for the new January 2025 contracts and identified one put and one call contract of particular interest. The put contract at the $43.00 strike price has a current bid of $3.60. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $43.00, but will also collect the premium, putting the cost basis of the shares at $39.40 (before broker commissions). To an investor already interested in purchasing shares of EXC, that could represent an attractive alternative to paying $45.31/share today. Because the $43.00 strike represents an approximate 5% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 66%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 8.37% return on the cash commitment, or 3.57% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $43.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $47.00 strike price has a current bid of $4.90. If an investor was to purchase shares of EXC stock at the current price level of $45.31/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $47.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 14.54% if the stock gets called away at the January 2025 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if EXC shares really soar, which is why looking at the trailing twelve month trading history for Exelon Corp, as well as studying the business fundamentals becomes important. Below is a chart showing EXC's trailing twelve month trading history, with the $47.00 strike highlighted in red: Considering the fact that the $47.00 strike represents an approximate 4% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 48%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 10.81% boost of extra return to the investor, or 4.61% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 36%, while the implied volatility in the call contract example is 26%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $45.31) to be 22%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-09-14,43.6594,44.3236,43.6297,43.9667,
EXC,2022-09-15,43.699,43.7189,42.7325,42.8663,"3 Dividend-Paying Electric Power Stocks for Steady Income The U.S. Market is choppy at present, wherein the major indices are in red, with the S&P 500 and NASDAQ losing 13.5% and 4.9%, respectively, in the past 12 months. The market weakness can be attributable to the hawkish moves of the Fed to lower inflation, the strong dollar hurting U.S export volumes and the ongoing Ukraine war affecting commodities. The basic objective of an investor is to get a positive return on investment despite knowing that investment in stocks is risky. Amid the volatile market, steady income-oriented investors can choose utility stocks. Mature utility stocks have a long history of dividend payments. These are often considered bond substitutes for investment purposes. The domestic-focused, highly regulated Zacks Utility - Electric Power industry has returned 8.8% to investors in the past 12 months. Despite the gloomy market condition, investors can accumulate stocks like Exelon Corporation EXC, DTE Energy DTE and OGE Energy OGE, which have an impressive dividend history and ensure a stable income for their equity holders. Utilities for Stable Income Capital-intensive Utilities are adversely impacted by ongoing rate increases, as their capital servicing costs go up substantially, denting margins and profitability. Despite the rate increases, mature utilities continue with their stable performances, courtesy of steady customer demands, the implementation of new rates approved by regulatory commissions, and gradual hikes in customer volumes driving utility services’ demands. Utilities continue to expand and strengthen their infrastructure. They are gradually shifting toward clean-energy sources to produce electricity. Several utilities have planned to provide emission-free electricity to their customers. These mature utilities have a long history of dividend payments. Some of them have a dividend yield of more than 60%, while some are reinvesting their profits in infrastructure and paying lesser dividends to shareholders. A dividend is a reward paid out by the company to its equity holders for the risk undertaken by investing in the stocks of the company. Amid the choppy market conditions, utilities that are distributing regular dividends offer a regular and safe earnings opportunity for investors. Dividend hikes approved by the boards of directors at regular intervals reflect strong performances of the companies and steady streams of earnings to fund the dividend payments. Way to Pick Dividend Stocks for Your Portfolio With the help of the Zacks Stock Screener, we have selected three Utility Electric Power stocks with a Zacks Rank #3 (Hold), a dividend yield of more than 2% and five-year historical dividend growth of more than 1.5%. These stocks have a payout ratio of less than 60, reflecting enough room for future dividend increases. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Utility Picks Exelon: The company pays out a quarterly dividend of 33.75 cents per share ($1.35 annualized), giving it a 3.1% yield at the current stock price. EXC has a payout ratio of 44%, with a five-year dividend growth rate of 2.1%. (Check Exelon’s dividend history here) Exelon invests substantially in infrastructure projects. It plans to invest $29 billion between 2022 and 2025 in regulated utility operations for grid modernization and increasing the resilience of its infrastructure for customers’ benefit. The systematic investments will support rate base growth of 8.1% in 2021-2025. Exelon aims to increase its dividend per share annually 6-8% through 2025, subject to the approval of its board of directors. EXC’s stable cash flow allows management to continue distributing regular dividends. Exelon Corporation Dividend Yield (TTM) Exelon Corporation dividend-yield-ttm | Exelon Corporation Quote DTE Energy: The company pays out a quarterly dividend of 88.5 cents per share ($3.54 annualized), which gives it a 2.6% yield at the current stock price. DTE has a payout ratio of 59%, with a five-year dividend growth rate of 1.7%. (Check DTE Energy’s dividend history here) DTE Energy follows a disciplined capital spending program to maintain and upgrade the reliability of its electric utility systems. The company plans to invest $18.1 billion between 2022 and 2026 to strengthen its electric and natural gas operations. Courtesy of its steady performance, DTE Energy, subject to the approval of the board of directors, will increase its annual dividend per share by 5-7% through 2026. DTE Energy Company Dividend Yield (TTM) DTE Energy Company dividend-yield-ttm | DTE Energy Company Quote OGE Energy: The company pays out a quarterly dividend of 41 cents per share ($1.64 annualized), which gives it a 4% yield at the current stock price. OGE has a payout ratio of 50%, with a five-year dividend growth rate of 5.9%. (Check OGE Energy’s dividend history here) OGE Energy is pursuing an aggressive investment strategy to upgrade its infrastructure and provide seamless services to its customers. The company plans to spend $4.75 billion between 2022 and 2026, implying an improvement of 14.7% from the prior five-year capital expenditure plan. Strong financial performance will also enable OGE Energy to continue to grow its dividend in the next five years. OGE Energy Corporation Dividend Yield (TTM) OGE Energy Corporation dividend-yield-ttm | OGE Energy Corporation Quote Free Report Reveals How You Could Profit from the Growing Electric Vehicle Industry Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in? If not, we have the perfect report for you – and it’s FREE! Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation. >>Send me my free report on the top 5 EV stocks Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report DTE Energy Company (DTE): Free Stock Analysis Report OGE Energy Corporation (OGE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-09-16,42.8564,43.0299,42.445,42.8366,
EXC,2022-09-19,42.5689,43.02,42.4053,43.015,
EXC,2022-09-20,42.6185,42.792,42.2715,42.4103,
EXC,2022-09-21,42.6482,42.9845,41.7064,41.7362,
EXC,2022-09-22,41.6965,41.7461,41.1166,41.3198,
EXC,2022-09-23,40.8142,41.528,40.4573,41.3099,"Friday Sector Leaders: Healthcare, Utilities The best performing sector as of midday Friday is the Healthcare sector, losing just 1.4%. Within that group, Regeneron Pharmaceuticals, Inc. (Symbol: REGN) and Idexx Laboratories, Inc. (Symbol: IDXX) are two large stocks leading the way, showing a gain of 0.8% and 0.7%, respectively. Among healthcare ETFs, one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is down 1.1% on the day, and down 12.35% year-to-date. Regeneron Pharmaceuticals, Inc., meanwhile, is up 9.91% year-to-date, and Idexx Laboratories, Inc., is down 50.13% year-to-date. Combined, REGN and IDXX make up approximately 2.2% of the underlying holdings of XLV. The next best performing sector is the Utilities sector, losing just 1.6%. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and WEC Energy Group Inc (Symbol: WEC) are the most notable, with EXC not showing much of a loss and WEC down 0.7%. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 1.5% in midday trading, and up 2.01% on a year-to-date basis. Exelon Corp, meanwhile, is up 3.65% year-to-date, and WEC Energy Group Inc is up 4.75% year-to-date. Combined, EXC and WEC make up approximately 7.0% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, none of the sectors are up on the day, while nine sectors are down. SECTOR % CHANGE Healthcare -1.4% Utilities -1.6% Financial -2.0% Services -2.1% Technology & Communications -2.1% Consumer Products -2.2% Industrial -2.4% Materials -2.9% Energy -7.5% 25 Dividend Giants Widely Held By ETFs » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-09-26,41.3099,41.3396,39.8328,40.2293,"EXC Stock Crowded With Sellers In trading on Monday, shares of Exelon Corp (Symbol: EXC) entered into oversold territory, changing hands as low as $40.93 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Exelon Corp, the RSI reading has hit 29.5 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 35.1, the RSI of WTI Crude Oil is at 34.8, the RSI of Henry Hub Natural Gas is presently 31.8, and the 3-2-1 Crack Spread RSI is 33.3. A bullish investor could look at EXC's 29.5 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), EXC's low point in its 52 week range is $33.7792 per share, with $50.71 as the 52 week high point — that compares with a last trade of $41.07. Exelon Corp shares are currently trading off about 1.4% on the day. Click here to find out which 9 other oversold energy stocks you need to know about » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-09-27,40.378,40.6457,39.3866,39.803,
EXC,2022-09-28,40.0211,40.2194,39.2875,39.3371,"Wednesday Sector Laggards: Utilities, Consumer Products The worst performing sector as of midday Wednesday is the Utilities sector, up 1.0%. Within the sector, Exelon Corp (Symbol: EXC) and Edison International (Symbol: EIX) are two large stocks that are lagging, showing a loss of 0.7% and 0.3%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 1.0% on the day, and down 0.75% year-to-date. Exelon Corp, meanwhile, is down 0.79% year-to-date, and Edison International, is down 8.28% year-to-date. Combined, EXC and EIX make up approximately 6.4% of the underlying holdings of XLU. The next worst performing sector is the Consumer Products sector, higher by 1.3%. Among large Consumer Products stocks, VF Corp. (Symbol: VFC) and Hasbro, Inc. (Symbol: HAS) are the most notable, showing a loss of 4.3% and 0.4%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is up 1.0% in midday trading, and down 5.83% on a year-to-date basis. VF Corp., meanwhile, is down 52.13% year-to-date, and Hasbro, Inc., is down 30.01% year-to-date. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, nine sectors are up on the day, while none of the sectors are down. SECTOR % CHANGE Energy +3.8% Services +2.9% Healthcare +2.7% Materials +2.4% Industrial +1.9% Financial +1.8% Technology & Communications +1.4% Consumer Products +1.3% Utilities +1.0% 25 Dividend Giants Widely Held By ETFs » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-09-29,39.0793,39.1289,37.052,37.4238,"Thursday Sector Laggards: Utilities, Services The worst performing sector as of midday Thursday is the Utilities sector, showing a 4.1% loss. Within that group, Exelon Corp (Symbol: EXC) and PPL Corp (Symbol: PPL) are two large stocks that are lagging, showing a loss of 5.6% and 5.3%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 4.0% on the day, and down 4.62% year-to-date. Exelon Corp, meanwhile, is down 6.63% year-to-date, and PPL Corp, is down 11.61% year-to-date. Combined, EXC and PPL make up approximately 5.9% of the underlying holdings of XLU. The next worst performing sector is the Services sector, showing a 3.3% loss. Among large Services stocks, Carmax Inc. (Symbol: KMX) and Caesars Entertainment Inc (Symbol: CZR) are the most notable, showing a loss of 23.9% and 8.7%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF (IYC), which is down 3.8% in midday trading, and down 29.72% on a year-to-date basis. Carmax Inc., meanwhile, is down 49.50% year-to-date, and Caesars Entertainment Inc, is down 66.33% year-to-date. Combined, KMX and CZR make up approximately 0.4% of the underlying holdings of IYC. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Thursday. As you can see, none of the sectors are up on the day, while nine sectors are down. SECTOR % CHANGE Energy -1.0% Healthcare -1.4% Financial -1.9% Industrial -2.3% Materials -2.6% Consumer Products -2.8% Technology & Communications -2.8% Services -3.3% Utilities -4.1% 25 Dividend Giants Widely Held By ETFs » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-09-30,37.6121,37.8996,37.0371,37.1363,
EXC,2022-10-03,37.9194,38.5043,37.4535,38.1474,
EXC,2022-10-04,38.4151,39.694,38.3358,39.6642,"Exelon (EXC) to Gain From Cost Management & $29B Investment Exelon Corporation EXC, post separation from Constellation Energy, is completely focused on the transmission and distribution of energy. EXC’s cost-saving initiatives and stable operations allow it to generate a steady cash flow and reward its shareholders. However, stringent regulations and the risk of malfunctioning equipment or facilities used in delivery systems could interrupt electric transmission, and electric and natural gas delivery. Tailwinds Exelon invests substantially in infrastructure projects and plans to invest nearly $29 billion during the 2022-2025 forecast period in regulated utility operations for grid modernization and increasing the resilience of its infrastructure to benefit customers. EXC will invest $18.9 billion in electric distribution, $6.4 billion in electric transmission and $3.7 billion in gas delivery in the aforesaid time frame. Exelon’s systematic investments will support rate base growth of 8.1% in the 2021-2025 time period. EXC also targets long-term EPS growth of 6-8% through 2025. Exelon targets lowering operating and maintenance expenses through its cost-saving initiatives. Since 2015, Exelon has announced more than $1.1 billion of cost reduction that benefited customers. Its ongoing cost-saving measures, keeping costs below the inflation rate, will further favor customers going forward. Backed by a steady cash flow, Exelon continues to pay out regular dividends to its shareholders. Post separation, Exelon’s board of directors announced a quarterly dividend of 33.75 cents per share, resulting in an annualized dividend of $1.35. It aims to increase its dividend per share annually by 6-8% through 2025, subject to the approval of its board members. Headwinds Exelon’s energy-delivery businesses are highly regulated and could face regulatory or legislative actions that adversely impact their operations or financial results. Fundamental changes in regulation or legislation and violation of tariffs, market rules and anti-manipulation laws could disrupt EXC’s business plans and hurt its operations or financial results. Breakdown the equipment or facilities used in the delivery systems could interrupt electric transmission as well as electric and natural gas delivery, which may reduce revenues, and increase maintenance and capital expenditures. Stocks to Consider Some other utilities in the same industry with well-chalked-out investment plans for strengthening their services are NextEra Energy NEE, American Electric Power Company, Inc. AEP and Dominion Energy D. NextEra Energy aims to invest $85-$95 billion from 2022 through 2025 to strengthen its infrastructure. Courtesy of persistent renewable asset additions to its generation portfolio and execution across all business segments, NextEra Energy expects to witness a CAGR of more than 10% for earnings per share through 2025 from the 2021 adjusted EPS of $2.55. The long-term (three to five year) earnings growth of NextEra Energy is currently pegged at 9.66%. American Electric aims to invest approximately $24.8 billion in its transmission and distribution business during the 2022-2026 period to construct a more efficient grid and deliver custom energy solutions to customers. Such investments should enable AEP to make infrastructural upgrades in its transmission and distribution of utility services to resist adverse climate conditions and offer better facilities. Its long-term earnings growth is currently pegged at 6.11%. Dominion Energy plans to invest $37 billion during the 2022-2026 time frame to strengthen its existing infrastructure, of which a major portion will be spent on zero-carbon generation and energy storage. Dominion Energy is in the process of providing 4,000 MW of solar or wind generation for the state of Virginia. The company's objective is to add 24 GW of battery storage, solar, hydro and wind (offshore as well as onshore) projects by 2036 as well as increase renewable energy capacity by more than 15% per year, on average, over the next 15 years. Its long-term earnings growth is currently pegged at 6.35%. Special Report: The Top 5 IPOs for Your Portfolio Today, you have a chance to get in on the ground floor of one of the best investment opportunities of the year. As the world continues to benefit from an ever-evolving internet, a handful of innovative tech companies are on the brink of reaping immense rewards - and you can put yourself in a position to cash in. One is set to disrupt the online communication industry. Brilliantly designed for creating online communities, this stock is poised to explode when made public. With the strength of our economy and record amounts of cash flooding into IPOs, you don’t want to miss this opportunity. >>See Zacks’ Hottest IPOs Now Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-10-05,38.9108,39.0198,37.8352,38.3655,"Dominion (D) Gains From Investment and Its Renewable Focus Dominion Energy D has been gaining from steady investments in regulated infrastructure, contribution from inorganic assets and the addition of clean sources to the production portfolio to achieve net-zero emissions by 2050. Its earnings surpassed estimates in the last four quarters, with an average of 0.97%. Its long-term (three to five year) earnings growth is projected at 6.4%. Tailwinds The company plans to invest $73 billion to strengthen its infrastructure and add more clean power-generation assets to its portfolio in the 2022-2035 period. Through its portfolio-realignment strategy, the company is focusing on regulated assets, which is evident from its investments in regulated infrastructure and other fields whose outputs are sold under long-term purchase agreements (PPAs). Dominion Energy is in the process of adding 4,000 megawatts (MW) of solar or wind generation in the state of Virginia. Its long-term objective is to add 24 gigawatts (GW) of battery storage, solar, hydro and wind (offshore as well as onshore) projects by 2036 as well as increase renewable energy capacity by more than 15% per year, on average, over the next 15 years. The company aims to cut emissions by 70-80% and attain net-zero emissions of carbon and methane from its electricity generation and natural gas infrastructure by 2050 from the 2005 levels. Dominion Energy has plans to upgrade its electricity infrastructure by installing smart meters and grid devices, as well as enhance services to customers through the customer information platform. The company is also working on a project of strategic undergrounding of 4,000 miles of distribution lines. The company has already completed undergrounding 1,300 miles of outage-prone overhead power distribution lines in Virginia. These initiatives will increase the resilience of its operation and enable it to serve the expanding customer base more efficiently and boost its profits. Headwinds Dominion Energy is exposed to risks associated with the operation of nuclear facilities and unplanned outages at power stations in which the company has an ownership interest. This might derail management’s planned production goal and adversely impact its earnings. Even if planned outages continue longer than the forecast period, it can adversely impact the company’s earnings. The Legal challenges resulting in the discontinuation of the Atlantic Coast Pipeline will definitely impact the company’s long-term growth plans. The ongoing increase in interest rates will also increase the project’s cost-impacting margins. Other Stocks to Consider Some other utilities in the same industry with well-chalked-out investment plans for strengthening their services are NextEra Energy NEE, American Electric Power Company, Inc. AEP and Exelon Corporation EXC. NextEra Energy aims to invest $85-$95 billion from 2022 through 2025 to strengthen its infrastructure. Courtesy of persistent renewable asset additions to its generation portfolio and execution across all business segments, NextEra Energy expects to witness a CAGR of more than 10% for earnings per share through 2025 from the 2021 adjusted EPS of $2.55. The long-term (three to five year) earnings growth of NextEra Energy is currently pegged at 9.66%. American Electric aims to invest approximately $24.8 billion in its transmission and distribution business during the 2022-2026 period to construct a more efficient grid and deliver custom energy solutions to customers. Such investments should enable AEP to make infrastructural upgrades in its transmission and distribution of utility services to resist adverse climate conditions and offer better facilities. Its long-term earnings growth is currently pegged at 6.11%. Exelon plans to invest nearly $29 billion during the 2022-2025 forecast period in regulated utility operations for grid modernization and to increase the resilience of its infrastructure to benefit customers. Such systematic investment is going to boost the long-term earnings of the company. The current dividend yield of the company is 3.4% and its long-term earnings growth is pegged at 7.11%. Just Released: Free Report Reveals Little-Known Strategies to Help Profit from the $30 Trillion Metaverse Boom It's undeniable. The metaverse is gaining steam every day. Just follow the money. Google. Microsoft. Adobe. Nike. Facebook even rebranded itself as Meta because Mark Zuckerberg believes the metaverse is the next iteration of the internet. The inevitable result? Many investors will get rich as the metaverse evolves. What do they know that you don't? They’re aware of the companies best poised to grow as the metaverse does. And in a new FREE report, Zacks is revealing those stocks to you. This week, you can download, The Metaverse - What is it? And How to Profit with These 5 Pioneering Stocks. It reveals specific stocks set to skyrocket as this emerging technology develops and expands. Don't miss your chance to access it for free with no obligation. >>Show me how I could profit from the metaverse! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-10-06,38.2268,38.3308,37.3593,37.4337,
EXC,2022-10-07,37.3643,37.513,36.4423,36.6406,"Duke Energy (DUK) Unit Files for Rate Hike to Strengthen Grid To further strengthen the electric grid, Duke Energy’s DUK unit Duke Energy Progress filed for a rate increase with the North Carolina Utilities Commission (“NCUC”). The rate, if approved by the commission, will allow the company to generate funds required for an upgrade of the electric grid, which will lower the duration of outages and create resistance against extreme weather. Investments made by Duke Energy Progress in the past five years have helped to save more than 3 million hours of total lost outage time for customers. This is the first-rate appeal from the Duke Energy unit since 2019 and the proposed rate hike, if approved by NCUC, will be implemented in the next three years. The net increase in retail revenues in year one is about $326 million or 8.5%, followed by $151 million (3.9%) in year two and $138 million (3.6%) in year three – a total 16% increase by late 2025. Rate hikes impact the monthly expenses of customers, but a reasonable rate increase is the only way to allow utility operators to recover the expenses made to strengthen their infrastructure for providing reliable services to customers. The new Customer Assistance Program proposed by the Duke Energy unit, as part of the rate case, can assist customers in financial distress. Utilities Invest in Infrastructure The domestic-focused regulated utilities continue to make investments in their infrastructure to ensure reliable supply and more energy generation from clean power sources. Duke Energy, by investing heavily in infrastructure and expansion projects, remains focused on expanding its scale of operations and implementing modern technologies at its facilities. DUK anticipates spending capital worth more than $130 billion over the next decade, with $63 billion during the 2022-2026 period. The long-term (three to five year) earnings growth of Duke Energy is currently pegged at 5.97%. Utilities in the same industry with well-chalked-out investment plans for strengthening their services are NextEra Energy NEE, American Electric Power Company, Inc. AEP and Exelon Corporation EXC. NextEra Energy aims to invest $85-$95 billion from 2022 through 2025 to strengthen its infrastructure. Courtesy of persistent renewable asset additions to its generation portfolio and execution across all business segments, NextEra Energy expects to witness a CAGR of more than 10% for earnings per share through 2025 from the 2021 adjusted EPS of $2.55. The long-term earnings growth of NextEra Energy is currently pegged at 9.66%. NextEra Energy currently has a Zacks Rank #2 (Buy). American Electric Power aims to invest approximately $24.8 billion in its transmission and distribution business during the 2022-2026 period to construct a more efficient grid and deliver custom energy solutions to customers. Such investments should enable AEP to make infrastructural upgrades in its transmission and distribution of utility services to resist adverse climate conditions and offer better facilities. Its long-term earnings growth is currently pegged at 6.11%. American Electric Power currently has a Zacks Rank #3 (Hold). Exelon plans to invest nearly $29 billion during the 2022-2025 forecast period in regulated utility operations for grid modernization and to increase the resilience of its infrastructure to benefit customers. Such systematic investment is going to boost the long-term earnings of the company. The current dividend yield of the company is 3.4% and its long-term earnings growth is pegged at 7.11%. Exelon currently has a Zacks Rank #3. Price Performance and Zacks Rank Duke Energy has lost 21.3% compared with Zacks Utility - Electric Power industry decline of 18.2% in the past six months. Image Source: Zacks Investment Research Duke Energy currently has a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-10-10,36.8488,37.5923,36.8488,37.4832,
EXC,2022-10-11,37.3742,37.9095,37.0768,37.1462,"Black Hills' (BKH) Unit Gets Rate Hike Approval in Arkansas Black Hills Corporation BKH recently announced that its natural gas unit, Black Hills Energy, received approval from the Arkansas Public Service Commission for new rates, which will be implemented from mid-October 2022. The rate hike approval from the commission will allow the company to recover more than $220 million of investments made since 2018 in its 7,200-mile natural gas infrastructure system. The new approval rate will generate an estimated $8.8 million of new annual revenues and a return on equity of 9.6%. The funds coming in from the rate hike will assist Black Hills in achieving its Net Zero emissions target by 2035 for its natural gas distribution system. Rate hikes increase the monthly utility bills of customers, but we all need a reliable 24X7 energy supply, so strengthening and expansion of infrastructure is quite essential. Domestic-focused, capital-intensive and regulated utilities need rate hikes at regular intervals to continue with infrastructure upgrades and recoup investments made to provide quality services to their customers. Utilities Invest in Infrastructure The ongoing hike in interest rates is hurting utilities by increasing the cost of financing and planned budget for projects. Amid such a backdrop, few utilities in the same industry having well-chalked-out investment plans for strengthening their services are NextEra Energy NEE, Alliant Energy LNT and Exelon Corporation EXC. NextEra Energy aims to invest $85-$95 billion from 2022 through 2025 to strengthen its infrastructure. Courtesy of persistent renewable asset additions to its generation portfolio and execution across all business segments, NEE expects to witness a CAGR of more than 10% for earnings per share through 2025 from the 2021 adjusted EPS of $2.55. The long-term (three to five years) earnings growth of NextEra is currently pegged at 9.66%. It currently has a Zacks Rank #2 (Buy). Alliant Energy announced plans to invest substantially over the next four years to strengthen the electric and gas distribution networks as well as add natural gas and renewable assets to the generation portfolio. LNT has plans to strengthen electric and natural gas distribution systems and make regular investments to boost infrastructure. It plans to invest $6.1 billion between 2022 and 2025. After the planned expenditure, the company plans to follow it up with an investment of $7-$9 billion for 2026-2030. The long-term earnings growth of Alliant Energy is currently pegged at 6.16%. The company currently has a Zacks Rank #2. Exelon plans to invest nearly $29 billion during the 2022-2025 period in regulated utility operations for grid modernization and to increase the resilience of its infrastructure to benefit customers. Such systematic investments are going to boost the long-term earnings of the company. The current dividend yield of the company is 3.6% and its long-term earnings growth is pegged at 7.11%. Exelon currently has a Zacks Rank #3 (Hold). Price Performance and Zacks Rank Black Hills has gained 2.5% against the Zacks Utility - Electric Power industry’s decline of 4.5% in the past 12 months. Image Source: Zacks Investment Research Black Hills currently has a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Free Report Reveals How You Could Profit from the Growing Electric Vehicle Industry Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in? If not, we have the perfect report for you – and it’s FREE! Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation. >>Send me my free report on the top 5 EV stocks Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Black Hills Corporation (BKH): Free Stock Analysis Report Alliant Energy Corporation (LNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-10-12,37.2156,37.2205,35.6294,35.6492,"[""Discounter Pepco to step-up store expansion Adds detail LONDON, Oct 12 (Reuters) - Pepco Group PCOP.WA, owner of European discount retailer brands PEPCO, Poundland and Dealz, said it would accelerate its store expansion programme, with demand for its products remaining strong despite a backdrop of economic uncertainty. The group, which listed on the Warsaw stock market last year, said it was targeting opening at least 550 net new stores in its 2022-23 year, including entry for the PEPCO brand into the new territories of Greece and Portugal. It opened a net 516 in 2021-22 and currently trades from 3,961. \""We are accelerating our strategy in order to capitalise on the opportunities available to us in these volatile market conditions,\"" said CEO Trevor Masters. For its year to Sept. 30, Pepco forecast underlying core earnings (EBITDA) on a constant currency basis in the range of 735 million euros to 750 million euros ($714-$728 million), in line with its growth expectations. It said group revenue rose 17.4% on a constant currency basis to 4.82 billion euros, driven by the new store openings. Like-for-like sales rose 5.2% and were up 15.5% in September, providing a strong exit rate into the new financial year. Pepco noted that inflation remains at recent historic highs. But it said in its core markets of Poland, Hungary and Romania inflation in clothing and footwear was running at only around a third of the headline inflation rate. Both clothing and food remain resilient categories in the Polish and wider Central and Eastern Europe retail sector, the company said, adding that the outlook across the UK remains \""challenging\"" as constraints on consumers' disposable income persist. \""That said, our value-led proposition becomes even more relevant in these challenging times and continues to drive new customers to our stores, expanding our target market, across Europe,\"" it added. ($1 = 1.0298 euros) (Reporting by James Davey; Editing by Sherry Jacob-Phillips & Shri Navaratnam) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Discounter Pepco sees strong demand despite economic uncertainty LONDON, Oct 12 (Reuters) - Pepco Group PCOP.WA, owner of European discount retailer brands PEPCO, Poundland and Dealz, said on Wednesday the demand for its products remains strong even against the backdrop of macroeconomic uncertainty. The group, which listed on the Warsaw stock market last year, forecast underlying core earnings (EBITDA) on a constant currency basis, for full year ended Sept. 30, to come in the range of 735 million euros to 750 million euros ($714-$728 million), in line with its growth expectations. It said group revenue rose 17.4% on a constant currency basis to 4.82 billion euros, partly driven by 516 new stores. Like-for-like sales rose 5.2% and were up 15.5% in September, providing a strong exit rate into the new financial year. Pepco said in its core markets of Poland, Hungary and Romania inflation in clothing and footwear was running at only around a third of the headline inflation rate. Both clothing and food remain resilient categories in the Polish and wider Central and Eastern Europe retail sector, the company said, adding that the outlook across the UK remains \""challenging\"" as constraints on consumers' disposable income persist. \""That said, our value-led proposition becomes even more relevant in these challenging times and continues to drive new customers to our stores, expanding our target market, across Europe,\"" it added. ($1 = 1.0298 euros) (Reporting by James Davey; Editing by Sherry Jacob-Phillips) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-10-13,35.104,37.0966,35.0148,36.9082,"Stock Market News for Oct 13, 2022 U.S. stock markets closed lower on Wednesday following the release of an inflation gauge. Wall Street remained highly volatile throughout the trading session. Market participants are waiting for a key inflation metric to be released on Thursday. All the three major stock indexes ended in red. How Did The Benchmarks Perform? The Dow Jones Industrial Average (DJI) was down 0.1% to close at 29,210.85. Notably, 18 components of the 30-stock index ended in negative territory while 11 in green and one remained unchanged. The tech-heavy Nasdaq Composite finished at 10,417.10, sliding 0.1% due to weak performance of large-cap technology stocks. The tech-laden index has recorded a six-day losing streak. The major loser of the Nasdaq Composite was Exelon Corp. EXC. Shares of the company tumbled 4%. Exelon currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. The S&P 500 dropped 0.3% to end at 3,577.03, posting a six-day losing run. In the intra-day trading, the broad-market index fell to a 2-year low. Eight out of 11 broad sectors of the benchmark index closed in negative territory while three in positive zone. The Utilities Select Sector SPDR (XLU) and the Real Estate Select Sector SPDR (XLRE) fell 3.3% and 1.3%, respectively. The fear-gauge CBOE Volatility Index (VIX) was down 0.2% to 33.57. A total of 10.01 billion shares were traded on Wednesday, lower than the last 20-session average of 11.68 billion. Decliners outnumbered advancers on the NYSE by a 1.64-to-1 ratio. On Nasdaq, a 1.15-to-1 ratio favored declining issues. Fed’s September FOMC Minutes Fed officials have unanimously said that the monetary tightening, especially in the form of higher interest rate will continue until the central bank achieved its target to bring down inflation to near to 2%. This indicates that the Fed will once again raise the benchmark interest rate by a 75 basis points in its November FOMC meeting. The FOMC minutes said, “Participants judged that the Committee needed to move to, and then maintain, a more restrictive policy stance in order to meet the Committee’s legislative mandate to promote maximum employment and price stability.” IMF Cuts Global Growth Rate The International Monetary Fund (IMF) has reduced its global economic growth rate for 2023 to 2.7% from 2.9% estimated in July. However, the agency maintained its 2022 global growth forecast at 3.2%. The IMF predicted that a large part of the world will feel like a recession in 2023. The agency cited three major reasons for this tepid outlook, namely, mounting inflationary pressure across the globe due to the complete devastation of the global supply-chain system, lingering geopolitical conflict between Russia and Ukraine and China’s economic slowdown. The IMF anticipates that global inflation rate will peak in late 2022 at 8.8% compared with 4.7% in 2021 and will stay elevated for a longer-than-expected period. Global inflation is estimated to come down to 6.5% in 2023 and to 4.1% by 2024. Economic Data The Department of Commerce reported that producer price index (PPI) rose 0.4% month over month in September. The consensus estimate was 0.2%. September marked the first increase in three months. Year over year, PPI increased 8.5% in September compared with 8.7% in August. Core PPI (excluding the volatile food, energy and trade services) rose 0.4% month over month in September. The consensus estimate was 0.3%. The metric for August was 0.2%. Year over year, PPI increased 8.5% in September compared with 8.7%, remained flat with August. Both PPI and core PPI stayed at 40-year highs. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-10-14,37.2552,37.5229,36.1697,36.2738,
EXC,2022-10-17,36.9776,37.5229,36.6901,36.7794,
EXC,2022-10-18,37.2354,37.7212,36.9479,37.2354,
EXC,2022-10-19,36.6128,37.1363,36.4621,36.5315,
EXC,2022-10-20,36.3233,36.3531,34.8809,35.2329,
EXC,2022-10-21,35.4311,36.6703,35.1436,36.4027,
EXC,2022-10-24,36.6307,36.938,36.3481,36.5514,
EXC,2022-10-25,36.5514,37.5427,36.5315,37.4337,
EXC,2022-10-26,37.4832,37.9591,37.0371,37.285,
EXC,2022-10-27,37.7311,38.2168,37.285,37.3742,"Analysts Estimate Exelon (EXC) to Report a Decline in Earnings: What to Look Out for The market expects Exelon (EXC) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2022. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 3. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on theearnings call it's worth handicapping the probability of a positive EPS surprise. Zacks Consensus Estimate This energy company is expected to post quarterly earnings of $0.73 per share in its upcoming report, which represents a year-over-year change of -33%. Revenues are expected to be $5.01 billion, down 43.8% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 0.71% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for Exelon? For Exelon, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that Exelon will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Exelon would post earnings of $0.46 per share when it actually produced earnings of $0.44, delivering a surprise of -4.35%. The company has not been able to beat consensus EPS estimates in any of the last four quarters. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Exelon doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Expected Results of an Industry Player Eversource Energy (ES), another stock in the Zacks Utility - Electric Power industry, is expected to report earnings per share of $1.03 for the quarter ended September 2022. This estimate points to a year-over-year change of +1%. Revenues for the quarter are expected to be $2.72 billion, up 10.4% from the year-ago quarter. The consensus EPS estimate for Eversource has been revised 1.1% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -0.29%. When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that Eversource will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation. >>Yes, I Want to Help Protect My Portfolio During the Recession Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Eversource Energy (ES): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-10-28,37.4238,38.4746,37.4238,38.425,
EXC,2022-10-31,38.3655,38.5242,38.0582,38.2565,
EXC,2022-11-01,38.5638,38.6729,38.2069,38.425,"[""Edison International (EIX) Meets Q3 Earnings Estimates Edison International (EIX) came out with quarterly earnings of $1.48 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.69 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this electric power provider would post earnings of $0.90 per share when it actually produced earnings of $0.94, delivering a surprise of 4.44%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Edison International, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $5.23 billion for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 4.81%. This compares to year-ago revenues of $5.3 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Edison International shares have lost about 12% since the beginning of the year versus the S&P 500's decline of -18.8%. What's Next for Edison International? While Edison International has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Edison International: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.98 on $3.48 billion in revenues for the coming quarter and $4.49 on $16.45 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the top 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Exelon (EXC), another stock in the same industry, has yet to report results for the quarter ended September 2022. The results are expected to be released on November 3. This energy company is expected to post quarterly earnings of $0.72 per share in its upcoming report, which represents a year-over-year change of -33.9%. The consensus EPS estimate for the quarter has been revised 0.7% lower over the last 30 days to the current level. Exelon's revenues are expected to be $5.01 billion, down 43.8% from the year-ago quarter. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Edison International (EIX): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) to Report Q3 Earnings: What's in the Offing? Exelon Corporation EXC is scheduled to release third-quarter 2022 earnings on Nov 3. The utility delivered an average negative earnings surprise of 2.76% for the last four reported quarters. Let\u2019s see how things have shaped up before the upcoming earnings announcement. Factors to Note Exelon\u2019s third-quarter earnings are likely to have gained from cost management, strong demand from customers and decoupled distribution rates, which reduce volumetric risk. Exelon\u2019s third-quarter earnings are likely to have benefited from new electric and gas rates effective in PECO Energy Company\u2019s service territories. Expectations The Zacks Consensus Estimate for third-quarter revenues and earnings per share is pegged at $5.01 billion and 72 cents, respectively. The bottom-line and top-line projections indicate a decline of 33.9% and 43.8%, respectively, from the year-ago quarter\u2019s reported figure. What Our Quantitative Model Predicts Our proven model does not conclusively predict an earnings beat for Exelon this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is not the case here, as you will see below. You can see the complete list of today's Zacks #1 Rank stocks here. Exelon Corporation Price and EPS Surprise Exelon Corporation price-eps-surprise | Exelon Corporation Quote Earnings ESP: Exelon\u2019s Earnings ESP is 0.00%. You can uncover the best stocks to buy or sell before they\u2019re reported with our Earnings ESP Filter. Zacks Rank: Currently, Exelon carries a Zacks Rank #3. Stocks to Consider Investors can consider players from the same industry that have the right combination of elements to post an earnings beat in the to-be-reported quarter. Pinnacle West Capital Corporation PNW is likely to come up with an earnings beat when it reports third-quarter results on Nov 3. PNW has an Earnings ESP of +1.65% and a Zacks Rank #2 at present. The Zacks Consensus Estimate for PNW\u2019s 2023 EPS indicates 5.2% year-over-year growth. Ameren Corporation AEE is likely to come up with an earnings beat when it reports third-quarter results on Nov 3. It has an Earnings ESP of +1.41% and a Zacks Rank #3 at present. Ameren\u2019s long-term (three to five-year) earnings growth is currently pegged at 7.2%. The Zacks Consensus Estimate for AEE\u2019s 2022 and 2023 EPS indicates 6.2% and 7% year-over-year growth, respectively. The AES Corporation AES is likely to come up with an earnings beat when it reports third-quarter results on Nov 3. The company has an Earnings ESP of +3.42% and a Zacks Rank #3 at present. AES Corp.\u2019s long-term earnings growth is currently pegged at 8.2%. The Zacks Consensus Estimate for AES\u2019 2022 and 2023 EPS indicates 5.9% and 10% year-over-year growth, respectively. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Ameren Corporation (AEE): Free Stock Analysis Report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report The AES Corporation (AES): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-11-02,38.1574,38.9268,37.6518,37.7112,
EXC,2022-11-03,35.8078,37.4733,35.788,36.6406,"[""Exelon (EXC) Q3 Earnings Surpass Estimates, Revenues Miss Exelon Corporation\u2019s EXC third-quarter 2022 earnings of 75 cents per share surpassed the Zacks Consensus Estimate of 72 cents by 4.2%. The earnings of the company also improved 41.5% from the year-ago level. On a GAAP basis, third-quarter earnings were 68 cents per share compared with 47 cents in the year-ago quarter. The difference between GAAP and operating earnings per share was due to asset impairments and income-tax-related adjustments. Total Revenues Exelon's third-quarter total revenues of $4,845 million lagged the Zacks Consensus Estimate of $5,007 million by 3.2%. The top line was 0.4% lower than the year-ago figure of $4.863 million. Exelon Corporation Price, Consensus and EPS Surprise Exelon Corporation price-consensus-eps-surprise-chart | Exelon Corporation Quote Highlights of the Release Exelon's third-quarter total operating expenses decreased 6.6% year over year to $3.83 billion. The decline was due to a drop in purchased power and fuel expenses. Operating income was $1,011 million, up 33.7% year over year. Interest expenses totaled $365 million, up 12.7% from the year-ago quarter. Financial Highlights Cash and cash equivalents were $446 million as of Sep 30, 2022, compared with $672 million as of Dec 31, 2021. Long-term debt was $35,283 million as of Sep 30, 2022, compared with $30,749 million as of Dec 31, 2021. During the quarter, the company issued 12.995 million shares and utilized the proceeds and cash balances to repay $575 million in borrowing under a credit facility. Cash provided (used in) for operating activities for the first nine months of 2022 was $4,141 million, on par with the same period last year. Guidance Exelon has narrowed its 2022 earnings guidance in the range of $2.21-$2.29 per share from an earlier expectation of $2.18-$2.32 per share. The mid-point of the revised guided range is $2.25, lower than the Zacks Consensus Estimate of $2.27 per share for the same period. The company reaffirmed 6-8% long-term earnings per share growth for 2021-2025 time period. Zacks Rank Exelon has a Zacks Rank #3 (Hold) at present. You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Other Releases FirstEnergy Corporation FE delivered third-quarter 2022 operating earnings per share (EPS) of 79 cents, beating the Zacks Consensus Estimate of 77 cents by 2.6%. The Zacks Consensus Estimate for FE\u2019s fourth-quarter earnings per share is 53 cents, indicating growth of 3.92% from the year-ago quarter\u2019s reported figure. NextEra Energy, Inc. NEE reported third-quarter 2022 adjusted earnings of 85 cents per share, beating the Zacks Consensus Estimate of 79 cents by 7.6%. The Zacks Consensus Estimate for NEE\u2019s fourth-quarter earnings per share is 56 cents, implying growth of 36.6% from the year-ago quarter\u2019s reported number. Xcel Energy Inc. XEL posted third-quarter 2022 operating earnings of $1.18 per share, lagging the Zacks Consensus Estimate by 1.7%. The Zacks Consensus Estimate for XEL\u2019s fourth-quarter earnings per share is 67 cents, suggesting growth of 15.5% from the year-ago quarter\u2019s actuals. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Xcel Energy Inc. (XEL): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report FirstEnergy Corporation (FE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Narrows 2022 EPS Guidance Range (RTTNews) - Exelon Corp. (EXC) has narrowed its guidance range for full year 2022 adjusted operating earnings per share guidance to $2.21-$2.29 per share, from $2.18-$2.32 per share. The company also reaffirmed its 6-8% earnings per share growth from 2021-2025. Exelon CEO Chris Crane said: \""Exelon continues its strong operational performance, with ComEd and PECO achieving best on record SAIFI performance. We are on track to invest more than $6.9 billion at our electric and gas companies by year end to enhance reliability and resiliency.\"" Third quarter adjusted operating earnings increased to $0.75 per share from $0.53 per share, last year. GAAP net income from continuing operations increased to $0.68 per share from $0.47, prior year. Operating revenues declined to $4.85 billion from $4.86 billion, prior year. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Q3 Earnings Beat Estimates Exelon (EXC) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $1.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 4.17%. A quarter ago, it was expected that this energy company would post earnings of $0.46 per share when it actually produced earnings of $0.44, delivering a surprise of -4.35%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Exelon, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $4.85 billion for the quarter ended September 2022, missing the Zacks Consensus Estimate by 3.23%. This compares to year-ago revenues of $8.91 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Exelon shares have lost about 34.1% since the beginning of the year versus the S&P 500's decline of -21.1%. What's Next for Exelon? While Exelon has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Exelon: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.47 on $4.61 billion in revenues for the coming quarter and $2.27 on $19.03 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the top 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Algonquin Power & Utilities (AQN), is yet to report results for the quarter ended September 2022. The results are expected to be released on November 11. This utility operator is expected to post quarterly earnings of $0.16 per share in its upcoming report, which represents a year-over-year change of +6.7%. The consensus EPS estimate for the quarter has been revised 1.9% lower over the last 30 days to the current level. Algonquin Power & Utilities' revenues are expected to be $614.83 million, up 16.3% from the year-ago quarter. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Algonquin Power & Utilities Corp. (AQN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-11-04,36.8587,37.2057,36.0656,36.8587,"2 Utility Stocks to Consider Buying Utility stocks offer generous dividends and typically have lower volatility making them favorable income investments. While there is a seasonal trend in utility usage, businesses and individuals will always have the need for gas and power. This makes the Utility-Electric Power Industry which is in the top 29% of over 250 Zacks Industries worthy of investors’ attention. Let’s take a look at two utility stocks to consider. Consolidated Edison (ED) ConEd ED is a diversified utility holding company that has been around since 1823. The company’s subsidiaries run businesses through Consolidated Edison Company of New York (CECONY), Orange and Rockland Utilities (O&R), Con Edison Clean Energy Businesses Inc., and Con Edison Transmission Inc. The essential utility consumption by consumers is seen through ED’s CECONY business, a regulated utility that provides electricity to around 3.5 million customers and natural gas to 1.1 million customers. ED currently sports a Zacks Rank #2 (Buy) with annual EPS revisions starting to rise for this year and FY23. ConEd’s earnings are expected to pop 3% to $4.52 a share in 2022, based on Zacks Estimates. Fiscal 2023 calls for another 7% earnings growth. Top line growth is expected as well, with sales set to jump 7% this year and another 2% in FY23 to $14.98 billion. Year to date ED is up +5% to outperform the S&P 500’s -23% and its peer group’s -4%. ED‘s total return including its dividend is a solid +22% over the last two years, outperforming the benchmark and its peer group’s -3% despite the impacts of Covid and the current high inflationary environment Image Source: Zacks Investment Research ConEd currently trades around $90 a share, roughly 12% below its 52-week highs. ED has a forward P/E of 19.6X. This is slightly above the industry average of 17.1X, but ED stock has outperformed its peers. Plus, it’s trading below its decade-long highs of 22.5X and near the median of 17.9X. Even better, ED offers investors a solid 3.56% dividend yield at $3.16 per share and recently beat earnings expectations this week by 11% at $1.63 per share. Image Source: Zacks Investment Research Exelon (EXC) Exelon EXC is a utility holding company engaged in the generation, delivery, and marketing of energy businesses. EXC stock has been hit harder than most utility stocks after separating its power generation and competitive energy business, Constellation Energy Corp CEG. While EXC has seen higher volatility than other Utility stocks due to the split, it may be reaching oversold territory. Exelon will focus solely on transmission and distribution operations but still serves over 10 million customers through its regulated utilities. EXC is down -36% YTD with a large leg of the decline coming after completing the Constellation Energy separation in February. Despite the tough YTD performance, we can see from the nearby chart that EXC’s total return over the last two years is still near the benchmark and slightly above its peer group’s -10%. Image Source: Zacks Investment Research According to Zacks Estimates, EXC earnings are expected to decline -19% this year at $2.27 a share. However, Fiscal 2023 earnings are expected to stabilize and rise 6% to $2.41 per share. Exelon’s sales are projected to decline -47% this year but rise 3% in FY23 to $19.65 billion. As Exelon makes the shift to focus on its transmission and distribution operations its top and bottom lines are taking a hit but may be presenting an opportunity for long-term investors. Exelon stock is 26% off its highs, trading around $37 per share. EXC has a forward P/E of 16.2X. This is below the industry average of 17.1X. Better still, EXC is trading at discount to its decade-highs of 22.1X and slighly above the median of 13.9X. Image Source: Zacks Investment Research EXC currently lands a Zack Rank #3 (Hold). Patient investors may be rewarded as the company starts adapting to its transition and EXC trades attractive relative to its past. EXC offers a generous 3.65% dividend yield at $1.35 per share and the Average Zacks Price Target suggests 22% upside from current levels. Bottom Line As uncertainty remains in the market and the economy investors may want to consider less volatile stocks with businesses that can survive or thrive amid a challenging operating environment. Utility stocks generally tend to provide stability and utility costs are essential even during an economic downturn. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Consolidated Edison Inc (ED): Free Stock Analysis Report Constellation Energy Corporation (CEG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-11-07,37.1462,37.3048,35.7137,36.363,"Southwest Gas names new finance chief Adds appointment details, background Nov 7 (Reuters) - Southwest Gas Holdings Inc SWX.N on Monday appointed Robert Stefani as its chief financial officer, effective Nov. 30. Stefani will succeed Gregory Peterson, who had announced his retirement in May after more than 26 years in the company. Peterson's move to retire came after Southwest's settlement with Carl Icahn that resulted in the replacement of the company's chief executive officer and four board seats to the billionaire investor. The settlement ended a months-long battle Icahn launched with the Las Vegas, Nevada-based company in October as it pushed ahead with plans to buy Questar Pipelines for roughly $2 billion. ""We are confident he (Stefani) is the right person to take the company into the next financial chapter,"" Chief Executive Karen Haller said in a statement. Stefani, who is currently the CFO of Exelon Corp EXC.O unit PECO Energy, has worked with the energy firm and its parent for over 10 years, according to his LinkedIn profile. (Reporting by Aishwarya Nair in Bengaluru; Editing by Krishna Chandra Eluri and Maju Samuel) ((Aishwarya.Nair@thomsonreuters.com; +91-9167838937 Twitter: https://twitter.com/Aishwaryartrs ;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-11-08,36.3035,37.4931,36.3035,37.3841,"Constellation sees big benefits from U.S. Inflation Reduction Act Nov 8 (Reuters) - U.S. power company Constellation Energy Corp CEG.O said on Tuesday that the U.S. Inflation Reduction Act (IRA) significantly strengthened the long-term outlook of its nuclear fleet and plans to produce hydrogen. ""Support for carbon-free energy in the legislation creates opportunities for us to extend the life of our nuclear fleet past mid-century and pursue hydrogen production to slash emissions from difficult-to-decarbonize sectors of the economy,"" Constellation CEO Joe Dominguez said in the company's third-quarter earnings release. Now there are both state and federal policies that support nuclear power, Dominguez said. The IRA includes federal tax credits for clean energy technologies including existing nuclear plants and hydrogen production. The Nuclear Production Tax Credit (PTC) provides a federal tax credit of up to $15 per megawatt hour from 2024-2032. The Hydrogen PTC provides a 10-year federal tax credit of up to $3 per kilogram for clean hydrogen produced after 2022 from facilities that begin construction prior to 2033. To keep its nuclear plants in service longer, Constellation said in October it would seek 20-year license renewals for its Clinton and Dresden plants in Illinois that would, if granted, extend the life of Clinton until 2047 and Dresden until 2049 (Unit 2) and 2051 (Unit 3). Last summer, Exelon Corp EXC.O, which spun off Constellation earlier this year, was looking to retire Dresden and Byron, another Illinois nuclear plant, unless the plants received state or federal financial support. Exelon said the reactors were either losing money or were in danger of losing money in the future. To stop Exelon from shutting the reactors, which produce lots of power without carbon emissions, Illinois provided about $700 million in subsidies. Separately, Constellation said it expects to start producing hydrogen at its Nine Mile Point nuclear plant in New York by the end of the year. UPDATE 1-Lacking a lifeline, Exelon's Illinois nuclear plants to retire in fall -CEO UPDATE 1-Illinois approves $700 million in subsidies to Exelon, prevents nuclear plant closures (Reporting by Scott DiSavino; editing by David Evans) ((scott.disavino@thomsonreuters.com; +1 332 219 1922; Reuters Messaging: scott.disavino.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-11-09,37.2453,37.9393,37.2156,37.3643,
EXC,2022-11-10,38.653,38.772,37.86,38.663,"Ex-Dividend Reminder: Cheesecake Factory, Walgreens Boots Alliance and Exelon Looking at the universe of stocks we cover at Dividend Channel, on 11/14/22, Cheesecake Factory Inc. (Symbol: CAKE), Walgreens Boots Alliance Inc (Symbol: WBA), and Exelon Corp (Symbol: EXC) will all trade ex-dividend for their respective upcoming dividends. Cheesecake Factory Inc. will pay its quarterly dividend of $0.27 on 11/28/22, Walgreens Boots Alliance Inc will pay its quarterly dividend of $0.48 on 12/12/22, and Exelon Corp will pay its quarterly dividend of $0.3375 on 12/9/22. As a percentage of CAKE's recent stock price of $34.34, this dividend works out to approximately 0.79%, so look for shares of Cheesecake Factory Inc. to trade 0.79% lower — all else being equal — when CAKE shares open for trading on 11/14/22. Similarly, investors should look for WBA to open 1.27% lower in price and for EXC to open 0.88% lower, all else being equal. Below are dividend history charts for CAKE, WBA, and EXC, showing historical dividends prior to the most recent ones declared. Cheesecake Factory Inc. (Symbol: CAKE): Walgreens Boots Alliance Inc (Symbol: WBA): Exelon Corp (Symbol: EXC): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.15% for Cheesecake Factory Inc., 5.10% for Walgreens Boots Alliance Inc, and 3.51% for Exelon Corp. In Thursday trading, Cheesecake Factory Inc. shares are currently up about 3.9%, Walgreens Boots Alliance Inc shares are up about 2.1%, and Exelon Corp shares are up about 2.1% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » Also see: • IYF shares outstanding history • EMFQ Options Chain • VVX Videos The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-11-11,38.8216,39.0248,38.1276,38.772,
EXC,2022-11-14,39.0,39.07,38.03,38.06,
EXC,2022-11-15,38.42,38.83,37.78,38.24,
EXC,2022-11-16,38.31,38.72,38.025,38.06,
EXC,2022-11-17,37.66,37.88,37.24,37.48,
EXC,2022-11-18,37.84,38.725,37.595,38.58,
EXC,2022-11-21,38.51,38.83,38.355,38.7,
EXC,2022-11-22,39.05,39.52,38.92,39.45,
EXC,2022-11-23,39.3,39.88,39.21,39.87,"Notable ETF Outflow Detected - XLU, AEP, EXC, XEL Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $129.0 million dollar outflow -- that's a 0.8% decrease week over week (from 231,620,000 to 229,770,000). Among the largest underlying components of XLU, in trading today American Electric Power Co Inc (Symbol: AEP) is up about 0.5%, Exelon Corp (Symbol: EXC) is down about 0.1%, and Xcel Energy Inc (Symbol: XEL) is higher by about 0.3%. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $60.35 per share, with $78.22 as the 52 week high point — that compares with a last trade of $69.96. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » Also see: • ACHC YTD Return • CZN Historical Stock Prices • Meta Platforms DMA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-11-25,39.98,40.27,39.94,40.07,
EXC,2022-11-28,40.03,40.41,39.83,40.23,
EXC,2022-11-29,40.01,40.11,39.61,40.0,
EXC,2022-11-30,39.95,41.39,39.89,41.37,
EXC,2022-12-01,41.66,42.04,41.175,41.53,
EXC,2022-12-02,41.18,41.47,40.79,41.45,
EXC,2022-12-05,41.18,41.79,41.07,41.75,"Monday Sector Leaders: Utilities, Industrial The best performing sector as of midday Monday is the Utilities sector, losing just 0.9%. Within that group, Exelon Corp (Symbol: EXC) and Southern Company (Symbol: SO) are two of the day's stand-outs, with EXC showing a gain of 0.2% and SO down 0.1%. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.8% on the day, and up 0.55% year-to-date. Exelon Corp, meanwhile, is up 4.13% year-to-date, and Southern Company is up 1.98% year-to-date. Combined, EXC and SO make up approximately 12.4% of the underlying holdings of XLU. The next best performing sector is the Industrial sector, losing just 1.7%. Among large Industrial stocks, United Airlines Holdings Inc (Symbol: UAL) and Boeing Co. (Symbol: BA) are the most notable, showing a gain of 1.6% and 1.5%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF (XLI), which is down 1.6% in midday trading, and down 3.72% on a year-to-date basis. United Airlines Holdings Inc, meanwhile, is up 1.84% year-to-date, and Boeing Co., is down 7.79% year-to-date. Combined, UAL and BA make up approximately 4.4% of the underlying holdings of XLI. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, none of the sectors are up on the day, while nine sectors are down. SECTOR % CHANGE Utilities -0.9% Industrial -1.7% Services -1.8% Healthcare -1.8% Consumer Products -1.9% Materials -2.0% Technology & Communications -2.3% Financial -2.7% Energy -3.2% 25 Dividend Giants Widely Held By ETFs » Also see: • Gold Dividend Stocks • Funds Holding CPZ • NUE DMA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-12-06,41.76,42.995,41.76,42.87,"Tuesday Sector Leaders: Utilities, Healthcare The best performing sector as of midday Tuesday is the Utilities sector, losing just 0.6%. Within that group, Exelon Corp (Symbol: EXC) and American Electric Power Co Inc (Symbol: AEP) are two of the day's stand-outs, showing a gain of 2.5% and 1.5%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.3% on the day, and up 0.48% year-to-date. Exelon Corp, meanwhile, is up 7.20% year-to-date, and American Electric Power Co Inc is up 11.41% year-to-date. Combined, EXC and AEP make up approximately 10.0% of the underlying holdings of XLU. The next best performing sector is the Healthcare sector, losing just 1.3%. Among large Healthcare stocks, Elevance Health Inc (Symbol: ELV) and Cigna Corp (Symbol: CI) are the most notable, with ELV showing a gain of 0.7% and CI flat on the day. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is down 1.0% in midday trading, and down 1.74% on a year-to-date basis. Elevance Health Inc, meanwhile, is up 14.59% year-to-date, and Cigna Corp is up 44.53% year-to-date. Combined, ELV and CI make up approximately 3.8% of the underlying holdings of XLV. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday. As you can see, none of the sectors are up on the day, while nine sectors are down. SECTOR % CHANGE Utilities -0.6% Healthcare -1.3% Consumer Products -1.4% Financial -1.4% Industrial -1.7% Materials -1.7% Technology & Communications -2.0% Energy -2.3% Services -2.4% 25 Dividend Giants Widely Held By ETFs » Also see: • FSLY Insider Buying • Funds Holding ENTL • CTK YTD Return The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-12-07,42.87,42.94,42.125,42.31,"Company News for Dec 7, 2022 Alphabet Inc.’s GOOGL shares fell 2.5% on the broader tech slump. Shares of Morgan Stanley MS slid 2.6%, with reports emerging that it was planning to cut 2% of its workforce. Shares of Exelon Corporation EXC rose 2.7% with the utilities sector bucking the trend. Shares of ConocoPhillips COP fell 3.2% as oil prices continued to fall. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Morgan Stanley (MS) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report ConocoPhillips (COP) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-12-08,42.22,42.38,41.57,41.77,"5 Stocks in S&P 500 ETF That Gained Over Past Week The S&P 500 declined for the fifth consecutive day on recession fears. The benchmark dropped 3.6% over the past week, marking the longest losing streak since Oct 12. SPDR S&P 500 ETF Trust SPY, the proxy version of the S&P 500 Index, has plunged about 3.5% last week in the same time period. Despite the decline, some of the stocks in SPY’s portfolio have risen. These are MarketAxess Holdings Inc. MKTX, Etsy ETSY, Netflix NFLX, Exelon Corporation EXC and Bath & Body Works Inc. BBWI. These stocks have a Zacks Rank #3 (Hold) with positive estimated earnings growth for the next year. Investors continue to worry over Federal Reserve rate hikes and the prospect of a looming recession. The bouts of latest data — hotter-than-expected ISM services and stronger jobs — have put a damper on hopes that the Federal Reserve would ease the pace of its interest rate hikes amid recent signs of ebbing inflation. Investors had hoped that the Fed might slow the pace of interest rate hikes after cooling inflation data (read: 4 Sector ETFs to Play Upbeat November Jobs Data). The economy added 263,000 jobs in November, marking another strong month of job growth. The unemployment rate remained at 3.7%, close to a 50-year low, while average hourly earnings jumped 0.6% from the prior month and 5.1% from the year-ago month. Higher wages will add to higher inflation. Meanwhile, business activity jumped the most since March 2021 in November, suggesting that the largest part of the economy remains resilient. The Institute for Supply Management’s gauge of services rose to 56.5 last month from 54.4 in October. Let’s take a closer look at the fundamentals of SPY. SPY in Focus SPDR S&P 500 ETF Trust holds 503 stocks in its basket, with each accounting for no more than 6.5% of assets. This suggests a nice balance across each security and prevents heavy concentration. The fund is widely spread across sectors with information technology, healthcare, financials and consumer discretionary accounting for a double-digit allocation each. SPDR S&P 500 ETF Trust has AUM of $371.8 billion and charges 9 bps in fees per year. The product trades in a heavy volume of around 79 million shares a day on average, ensuring higher liquidity with a tight bid/ask spread, leading to lower trading costs for investors. SPY has a Zacks ETF Rank #3 (Hold) with a Medium risk outlook (see: all the Large Cap Blend ETFs here). Below we have highlighted the above-mentioned five best-performing stocks in the ETF. Best-Performing Stocks of SPY MarketAxess is a leading multi-dealer trading platform that offers institutional investors access to global liquidity in products like U.S. high-grade corporate bonds, emerging markets and high-yield bonds, European bonds, U.S. agency bonds, credit derivatives and other fixed-income securities. The stock has soared 11% over the past week. MarketAxess has an estimated earnings growth rate of 15.1% for next year and a Zacks Rank #3 (Hold) and VGM Score of A. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here. Etsy is primarily an e-commerce service provider that operates a two-sided marketplace platform called Etsy.com. It has gained 10% in a week. Etsy’s earnings are expected to grow a massive 195.8% for the next year. The stock carries a Zacks Rank #3 and a VGM Score of B. Netflix is considered a pioneer in the streaming space. The company evolved from a small DVD-rental provider to a dominant streaming service provider, courtesy of its wide-ranging content portfolio and a fortified international footprint. The stock climbed 8.8% in a week. Netflix has an expected earnings growth rate of 4.9% for next year and a Zacks Rank #3. Exelon is a utility services holding company engaged in the energy generation, delivery and marketing businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, biomass and solar generating facilities. The stock is up 7.2% in a week. Exelon has an estimated earnings growth rate of 5.1% for the next year and a Zacks Rank #3. It has a solid Value Score of B. Bath & Body Works is a specialty retailer and home to America's Favorite Fragrances offering exclusive fragrances for the body and home, fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap (read: 5 ETFs to Bet On for This Holiday Season). Bath & Body Works has gained 7.1%, and its earnings are expected to increase 19.7% for the next fiscal year (ending January 2024). The stock has a Zacks Rank #3 and a Value Score of B. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports MarketAxess Holdings Inc. (MKTX) : Free Stock Analysis Report Etsy, Inc. (ETSY) : Free Stock Analysis Report Bath & Body Works, Inc. (BBWI) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-12-09,41.83,42.08,41.405,41.42,
EXC,2022-12-12,41.59,42.53,41.18,42.5,
EXC,2022-12-13,43.29,43.51,42.19,42.54,"[""Pepco Group annual profit jumps 14.3% on store expansion Adds detail LONDON, Dec 13 (Reuters) - Pepco Group PCOP.WA, owner of European discount retailer brands PEPCO, Poundland and Dealz, reported a 14.3% rise in annual core earnings on Tuesday, helped by the opening of 516 new stores, and forecast more growth in its new financial year. The group, which listed on the Warsaw stock market last year, said it made underlying earnings before interest, tax, depreciation and ammortisation (EBITDA) of 731 million euros ($771 million) in the year to Sept. 30, up from 647 million euros in 2020-21. Revenue rose 17.4% to 4.82 billion euros, with like-for-like sales up 5.2%. \""Macro-economic conditions continue to be challenging, driven by inflationary pressures, but the group continues to outperform the wider market,\"" Pepco said, noting it was benefiting from economies of scale with suppliers due to its size. \""We are driven by maintaining and improving our price leadership position through which we can grow our market share,\"" it said. Pepco in October outlined plans to accelerate its expansion in 2022-23, opening at least a net 550 stores, including taking the PEPCO brand into Greece and Portugal. It ended the 2021-22 year with 3,961 stores. The group said it had seen a strong start to its new financial year and was on track to meet guidance for 2022-23 of EBITDA growth in the mid-teens, assuming constant foreign exchange rates and absence of any further significant deterioration in the macro environment. It forecast revenue growth in the mid to high teens, driven by the new store openings, store refurbishments and like-for-like sales growth from the existing store estate. Pepco also forecast it would deliver EBITDA of 1 billion euros in under five years' time, ahead of its target outlined at the time of its IPO. ($1 = 0.9480 euros) (Reporting by James Davey; Editing by Rashmi Aich, Kirsten Donovan) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pepco Group annual profit jumps 14.3% on store expansion LONDON, Dec 13 (Reuters) - Pepco Group PCOP.WA, owner of European discount retailer brands PEPCO, Poundland and Dealz, reported a 14.3% rise in its annual core earnings on Tuesday, helped by the opening of 516 new stores, and forecast more growth in its new financial year. The group, which listed on the Warsaw stock market last year, said it made underlying earnings before interest, tax, depreciation and ammortization (EBITDA) of 731 million euros ($771 million) in the year to Sept. 30, up from 647 million euros in 2020-21. Revenue rose 17.4% to 4.82 billion euros, with like-for-like sales up 5.2%. The group said it was on track to meet guidance for 2022-23 of EBITDA growth in the mid-teens, assuming constant foreign exchange rates and absence of any further significant deterioration in the macro environment. In October, Pepco said it would accelerate its expansion in 2022-23, opening at least a net 550 stores, including taking the PEPCO brand into Greece and Portugal. It ended its 2021-22 financial year with 3,961 stores. ($1 = 0.9480 euros) (Reporting by James Davey; Editing by Rashmi Aich) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2022-12-14,42.69,43.65,42.47,42.82,"Wednesday Sector Leaders: Utilities, Healthcare The best performing sector as of midday Wednesday is the Utilities sector, losing just 0.1%. Within the sector, Exelon Corp (Symbol: EXC) and Entergy Corp (Symbol: ETR) are two large stocks leading the way, showing a gain of 0.8% and 0.8%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is flat on the day on the day, and up 3.56% year-to-date. Exelon Corp, meanwhile, is up 7.41% year-to-date, and Entergy Corp is up 9.55% year-to-date. Combined, EXC and ETR make up approximately 6.3% of the underlying holdings of XLU. The next best performing sector is the Healthcare sector, losing just 0.2%. Among large Healthcare stocks, Moderna Inc (Symbol: MRNA) and Pfizer Inc (Symbol: PFE) are the most notable, showing a gain of 6.7% and 2.4%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is flat on the day in midday trading, and up 0.31% on a year-to-date basis. Moderna Inc, meanwhile, is down 16.98% year-to-date, and Pfizer Inc, is down 5.28% year-to-date. Combined, MRNA and PFE make up approximately 7.0% of the underlying holdings of XLV. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, none of the sectors are up on the day, while nine sectors are down. SECTOR % CHANGE Utilities -0.1% Healthcare -0.2% Consumer Products -0.3% Industrial -0.3% Energy -0.4% Financial -0.7% Technology & Communications -1.0% Services -1.2% Materials -1.3% 10 ETFs With Stocks That Insiders Are Buying » Also see: • Stocks Analysts Like But Hedge Funds Are Selling • Institutional Holders of AVNR • TRK Historical Stock Prices The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-12-15,42.7,42.79,41.985,42.38,
EXC,2022-12-16,41.85,42.02,40.84,41.93,"Interesting EXC Put And Call Options For February 2023 Investors in Exelon Corp (Symbol: EXC) saw new options begin trading this week, for the February 2023 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the EXC options chain for the new February 2023 contracts and identified one put and one call contract of particular interest. The put contract at the $41.00 strike price has a current bid of $1.50. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $41.00, but will also collect the premium, putting the cost basis of the shares at $39.50 (before broker commissions). To an investor already interested in purchasing shares of EXC, that could represent an attractive alternative to paying $41.25/share today. Because the $41.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 55%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 3.66% return on the cash commitment, or 21.20% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $41.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $42.00 strike price has a current bid of $1.40. If an investor was to purchase shares of EXC stock at the current price level of $41.25/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $42.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 5.21% if the stock gets called away at the February 2023 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if EXC shares really soar, which is why looking at the trailing twelve month trading history for Exelon Corp, as well as studying the business fundamentals becomes important. Below is a chart showing EXC's trailing twelve month trading history, with the $42.00 strike highlighted in red: Considering the fact that the $42.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 54%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 3.39% boost of extra return to the investor, or 19.66% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 31%, while the implied volatility in the call contract example is 28%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $41.25) to be 26%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » Also see: • AIV Videos • ARI Historical Stock Prices • RYN market cap history The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2022-12-19,41.82,42.32,41.58,41.77,
EXC,2022-12-20,41.78,42.33,41.43,42.06,
EXC,2022-12-21,42.36,42.722,42.2,42.63,
EXC,2022-12-22,42.4,42.55,41.855,42.52,
EXC,2022-12-23,42.48,43.075,42.375,43.04,
EXC,2022-12-27,43.17,43.27,42.86,43.15,
EXC,2022-12-28,43.25,43.49,42.85,42.94,
EXC,2022-12-29,43.17,43.46,43.04,43.13,
EXC,2022-12-30,43.14,43.31,42.85,43.23,
EXC,2023-01-03,43.25,43.35,42.425,43.16,
EXC,2023-01-04,43.39,43.96,43.22,43.73,"Exelon (EXC) Shares Cross Above 200 DMA In trading on Wednesday, shares of Exelon Corp (Symbol: EXC) crossed above their 200 day moving average of $43.64, changing hands as high as $43.70 per share. Exelon Corp shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $35.185 per share, with $50.71 as the 52 week high point — that compares with a last trade of $43.59. The EXC DMA information above was sourced from TechnicalAnalysisChannel.com Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average » Also see: • Dividend Giants Widely Held By ETFs • SHLS Videos • PSCC Options Chain The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-01-05,43.41,43.48,42.2901,42.78,
EXC,2023-01-06,43.24,43.92,43.14,43.67,
EXC,2023-01-09,43.575,44.365,43.335,44.15,
EXC,2023-01-10,43.86,44.06,43.17,43.69,
EXC,2023-01-11,43.68,44.236,43.57,44.14,
EXC,2023-01-12,44.01,44.1,43.29,43.38,"Thursday Sector Laggards: Healthcare, Utilities The worst performing sector as of midday Thursday is the Healthcare sector, showing a 0.3% loss. Within that group, Illumina Inc (Symbol: ILMN) and Bio-Techne Corp (Symbol: TECH) are two of the day's laggards, showing a loss of 4.0% and 3.8%, respectively. Among healthcare ETFs, one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is down 0.1% on the day, and down 0.28% year-to-date. Illumina Inc, meanwhile, is down 2.44% year-to-date, and Bio-Techne Corp is up 1.01% year-to-date. Combined, ILMN and TECH make up approximately 0.9% of the underlying holdings of XLV. The next worst performing sector is the Utilities sector, not showing much of a gain. Among large Utilities stocks, Southern Company (Symbol: SO) and Exelon Corp (Symbol: EXC) are the most notable, showing a loss of 1.0% and 0.9%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is up 0.1% in midday trading, and up 2.32% on a year-to-date basis. Southern Company, meanwhile, is down 1.43% year-to-date, and Exelon Corp is up 1.33% year-to-date. Combined, SO and EXC make up approximately 11.4% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Thursday. As you can see, seven sectors are up on the day, while one sector is down. SECTOR % CHANGE Energy +2.3% Financial +0.8% Industrial +0.8% Technology & Communications +0.7% Materials +0.7% Services +0.6% Consumer Products +0.1% Utilities 0.0% Healthcare -0.3% 25 Dividend Giants Widely Held By ETFs » Also see: • Industrial Dividend Stock List • Top Ten Hedge Funds Holding KALU • MOG.B YTD Return The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-01-13,43.13,43.535,42.89,43.38,
EXC,2023-01-17,43.24,43.48,42.98,43.16,
EXC,2023-01-18,43.16,43.25,42.12,42.23,"Should First Trust NASDAQ100 Equal Weighted ETF (QQEW) Be on Your Investing Radar? Looking for broad exposure to the Large Cap Growth segment of the US equity market? You should consider the First Trust NASDAQ100 Equal Weighted ETF (QQEW), a passively managed exchange traded fund launched on 04/19/2006. The fund is sponsored by First Trust Advisors. It has amassed assets over $1.15 billion, making it one of the average sized ETFs attempting to match the Large Cap Growth segment of the US equity market. Why Large Cap Growth Large cap companies usually have a market capitalization above $10 billion. Overall, they are usually a stable option, with less risk and more sure-fire cash flows than mid and small cap companies. Qualities of growth stocks include faster growth rates compared to the broader market, as well as higher valuations and higher than average sales and earnings growth rates. Further, growth stocks have a higher level of volatility associated with them. Even though growth stocks are more likely to outperform their value counterparts in strong bull markets, value stocks have a record of delivering better returns in almost all markets than growth stocks. Costs Expense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same. Annual operating expenses for this ETF are 0.57%, putting it on par with most peer products in the space. It has a 12-month trailing dividend yield of 0.62%. Sector Exposure and Top Holdings Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Information Technology sector--about 38.40% of the portfolio. Consumer Discretionary and Healthcare round out the top three. Looking at individual holdings, Charter Communications, Inc. (class A) (CHTR) accounts for about 1.11% of total assets, followed by Exelon Corporation (EXC) and Align Technology, Inc. (ALGN). The top 10 holdings account for about 10.58% of total assets under management. Performance and Risk QQEW seeks to match the performance of the NASDAQ-100 Equal Weighted Index before fees and expenses. The NASDAQ-100 Equal Weighted Index is the equal-weighted version of the NASDAQ-100 Index which includes 100 of the largest non-financial securities listed on NASDAQ based on market capitalization. The ETF has added roughly 5.98% so far this year and is down about -15.92% in the last one year (as of 01/18/2023). In the past 52-week period, it has traded between $81.64 and $110.08. The ETF has a beta of 1.05 and standard deviation of 28.14% for the trailing three-year period, making it a medium risk choice in the space. With about 102 holdings, it effectively diversifies company-specific risk. Alternatives First Trust NASDAQ100 Equal Weighted ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, QQEW is a sufficient option for those seeking exposure to the Style Box - Large Cap Growth area of the market. Investors might also want to consider some other ETF options in the space. The Vanguard Growth ETF (VUG) and the Invesco QQQ (QQQ) track a similar index. While Vanguard Growth ETF has $71.68 billion in assets, Invesco QQQ has $152.30 billion. VUG has an expense ratio of 0.04% and QQQ charges 0.20%. Bottom-Line While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust NASDAQ100 Equal Weighted ETF (QQEW): ETF Research Reports Exelon Corporation (EXC) : Free Stock Analysis Report Align Technology, Inc. (ALGN) : Free Stock Analysis Report Charter Communications, Inc. (CHTR) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports Vanguard Growth ETF (VUG): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-01-19,42.18,42.245,41.68,42.04,
EXC,2023-01-20,42.0,42.39,41.4601,42.34,
EXC,2023-01-23,42.09,42.39,41.74,41.82,"Validea Daily Guru Fundamental Report for EXC - 1/23/2023 Below is Validea's daily guru fundamental report for EXELON CORP (EXC). Of the twelve guru strategies we follow, EXC rates highest using our Contrarian Investor model based on the published strategy of David Dreman. This contrarian strategy finds the most unpopular mid- and large-cap stocks in the market and looks for improving fundamentals. EXELON CORP (EXC) is a large-cap growth stock in the Electric Utilities industry. The rating using this strategy is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the generation, delivery, and marketing of energy business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy distribution and transmission business. It operates through 11 segments: Generation's five segments: Mid-Atlantic, Midwest, New York, ERCOT, Other Power Regions, ComEd, PECO and BGE, and PHI's three utility segments: Pepco, DPL and ACE. Generation's integrated business consists of the generation, physical delivery and marketing of power across geographical regions through its customer-facing business. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. MARKET CAP: PASS EARNINGS TREND: PASS EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: PASS P/E RATIO: FAIL PRICE/CASH FLOW (P/CF) RATIO: FAIL PRICE/BOOK (P/B) VALUE: FAIL PRICE/DIVIDEND (P/D) RATIO: FAIL CURRENT RATIO: PASS PAYOUT RATIO: PASS RETURN ON EQUITY: FAIL PRE-TAX PROFIT MARGINS: PASS YIELD: FAIL LOOK AT THE TOTAL DEBT/EQUITY: PASS Detailed Analysis of EXELON CORP EXC Guru Analysis EXC Fundamental Analysis David Dreman Portfolio About David Dreman: Dreman's Kemper-Dreman High Return Fund was one of the best-performing mutual funds ever, ranking as the best of 255 funds in its peer groups from 1988 to 1998, according to Lipper Analytical Services. At the time Dreman published Contrarian Investment Strategies: The Next Generation, the fund had been ranked number one in more time periods than any of the 3,175 funds in Lipper's database. In addition to managing money, Dreman is also a longtime Forbes magazine columnist. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-01-24,41.86,41.96,41.24,41.51,
EXC,2023-01-25,41.22,41.56,40.95,41.42,
EXC,2023-01-26,41.36,41.69,41.185,41.6,
EXC,2023-01-27,41.51,41.81,41.28,41.69,
EXC,2023-01-30,41.58,42.275,41.49,41.75,"BlackRock Increases Position in Exelon (EXC) Fintel reports that BlackRock has filed a 13G/A form with the SEC disclosing ownership of 83.42MM shares of Exelon Corporation (EXC). This represents 8.4% of the company. In their previous filing dated February 3, 2022 they reported 75.38MM shares and 7.70% of the company, an increase in shares of 10.67% and an increase in total ownership of 0.70% (calculated as current - previous percent ownership). Analyst Price Forecast Suggests 10.59% Upside As of January 30, 2023, the average one-year price target for Exelon is $46.10. The forecasts range from a low of $39.39 to a high of $53.55. The average price target represents an increase of 10.59% from its latest reported closing price of $41.69. The projected annual revenue for Exelon is $19,564MM, a decrease of 47.47%. The projected annual EPS is $2.39, an increase of 10.23%. Fund Sentiment There are 2007 funds or institutions reporting positions in Exelon. This is an increase of 5 owner(s) or 0.25%. Average portfolio weight of all funds dedicated to US:EXC is 0.3361%, a decrease of 11.0443%. Total shares owned by institutions decreased in the last three months by 1.29% to 964,799K shares. What are large shareholders doing? Wellington Management Group Llp holds 90,928,419 shares representing 9.15% ownership of the company. In it's prior filing, the firm reported owning 90,296,113 shares, representing an increase of 0.70%. The firm decreased its portfolio allocation in EXC by 11.97% over the last quarter. Bank of New York Mellon holds 32,894,774 shares representing 3.31% ownership of the company. In it's prior filing, the firm reported owning 32,551,573 shares, representing an increase of 1.04%. The firm decreased its portfolio allocation in EXC by 60.30% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 29,553,257 shares representing 2.97% ownership of the company. In it's prior filing, the firm reported owning 28,862,267 shares, representing an increase of 2.34%. The firm decreased its portfolio allocation in EXC by 11.78% over the last quarter. VWELX - VANGUARD WELLINGTON FUND Investor Shares holds 27,111,767 shares representing 2.73% ownership of the company. In it's prior filing, the firm reported owning 27,562,289 shares, representing a decrease of 1.66%. The firm decreased its portfolio allocation in EXC by 8.11% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 22,481,683 shares representing 2.26% ownership of the company. In it's prior filing, the firm reported owning 21,697,445 shares, representing an increase of 3.49%. The firm decreased its portfolio allocation in EXC by 11.44% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-01-31,41.85,42.25,41.61,42.19,
EXC,2023-02-01,41.91,42.6,41.635,42.3,
EXC,2023-02-02,42.19,42.9454,41.79,41.89,
EXC,2023-02-03,41.52,41.6,40.09,40.9,
EXC,2023-02-06,40.88,41.035,40.29,40.96,"[""Wellington Management Group Llp Increases Position in Exelon (EXC) Fintel reports that Wellington Management Group Llp has filed a 13G/A form with the SEC disclosing ownership of 96.33MM shares of Exelon Corporation (EXC). This represents 9.71% of the company. In their previous filing dated February 4, 2022 they reported 77.57MM shares and 7.94% of the company, an increase in shares of 24.18% and an increase in total ownership of 1.77% (calculated as current - previous percent ownership). Analyst Price Forecast Suggests 12.72% Upside As of February 5, 2023, the average one-year price target for Exelon is $46.10. The forecasts range from a low of $39.39 to a high of $53.55. The average price target represents an increase of 12.72% from its latest reported closing price of $40.90. The projected annual revenue for Exelon is $19,564MM, a decrease of 47.47%. The projected annual EPS is $2.39, an increase of 10.23%. Fund Sentiment There are 2005 funds or institutions reporting positions in Exelon. This is an increase of 9 owner(s) or 0.45%. Average portfolio weight of all funds dedicated to US:EXC is 0.3377%, a decrease of 9.9729%. Total shares owned by institutions decreased in the last three months by 1.44% to 962,608K shares. What are large shareholders doing? Bank of New York Mellon holds 32,894,774 shares representing 3.31% ownership of the company. In it's prior filing, the firm reported owning 32,551,573 shares, representing an increase of 1.04%. The firm decreased its portfolio allocation in EXC by 60.30% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 29,553,257 shares representing 2.97% ownership of the company. In it's prior filing, the firm reported owning 28,862,267 shares, representing an increase of 2.34%. The firm decreased its portfolio allocation in EXC by 11.78% over the last quarter. VWELX - VANGUARD WELLINGTON FUND Investor Shares holds 27,111,767 shares representing 2.73% ownership of the company. In it's prior filing, the firm reported owning 27,562,289 shares, representing a decrease of 1.66%. The firm decreased its portfolio allocation in EXC by 8.11% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 22,481,683 shares representing 2.26% ownership of the company. In it's prior filing, the firm reported owning 21,697,445 shares, representing an increase of 3.49%. The firm decreased its portfolio allocation in EXC by 11.44% over the last quarter. GQG Partners holds 21,362,663 shares representing 2.15% ownership of the company. In it's prior filing, the firm reported owning 26,534,707 shares, representing a decrease of 24.21%. The firm decreased its portfolio allocation in EXC by 21.71% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""State Street Cuts Stake in Exelon (EXC) Fintel reports that State Street has filed a 13G/A form with the SEC disclosing ownership of 58.79MM shares of Exelon Corporation (EXC). This represents 5.93% of the company. In their previous filing dated February 14, 2022 they reported 60.17MM shares and 6.16% of the company, a decrease in shares of 2.30% and a decrease in total ownership of 0.23% (calculated as current - previous percent ownership). Analyst Price Forecast Suggests 12.72% Upside As of February 5, 2023, the average one-year price target for Exelon is $46.10. The forecasts range from a low of $39.39 to a high of $53.55. The average price target represents an increase of 12.72% from its latest reported closing price of $40.90. The projected annual revenue for Exelon is $19,564MM, a decrease of 47.47%. The projected annual EPS is $2.39, an increase of 10.23%. Fund Sentiment There are 2005 funds or institutions reporting positions in Exelon. This is an increase of 9 owner(s) or 0.45%. Average portfolio weight of all funds dedicated to US:EXC is 0.3377%, a decrease of 9.9729%. Total shares owned by institutions decreased in the last three months by 1.44% to 962,608K shares. What are large shareholders doing? Wellington Management Group Llp holds 90,928,419 shares representing 9.15% ownership of the company. In it's prior filing, the firm reported owning 90,296,113 shares, representing an increase of 0.70%. The firm decreased its portfolio allocation in EXC by 11.97% over the last quarter. Bank of New York Mellon holds 32,894,774 shares representing 3.31% ownership of the company. In it's prior filing, the firm reported owning 32,551,573 shares, representing an increase of 1.04%. The firm decreased its portfolio allocation in EXC by 60.30% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 29,553,257 shares representing 2.97% ownership of the company. In it's prior filing, the firm reported owning 28,862,267 shares, representing an increase of 2.34%. The firm decreased its portfolio allocation in EXC by 11.78% over the last quarter. VWELX - VANGUARD WELLINGTON FUND Investor Shares holds 27,111,767 shares representing 2.73% ownership of the company. In it's prior filing, the firm reported owning 27,562,289 shares, representing a decrease of 1.66%. The firm decreased its portfolio allocation in EXC by 8.11% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 22,481,683 shares representing 2.26% ownership of the company. In it's prior filing, the firm reported owning 21,697,445 shares, representing an increase of 3.49%. The firm decreased its portfolio allocation in EXC by 11.44% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""FBI arrest two including neo-Nazi leader in plot to attack Baltimore grid By Kanishka Singh and Sarah N. Lynch WASHINGTON, Feb 6 (Reuters) - The FBI arrested two people, including a neo-Nazi leader, before they could attack Baltimore's power grid, officials said on Monday. The suspects, Brandon Russell and Sarah Clendaniel, were taken into custody last week, officials said in a briefing on Monday. The FBI said the plot was racially motivated but did not provide details. The majority of residents in Baltimore are Black, according to U.S. Census data. Russell is a founder of a neo-Nazi group named Atomwaffen Division that works toward \""ushering in the collapse of civilization,\"" according to the Southern Poverty Law Center, a civil rights organization that tracks U.S. hate groups. Reuters was not immediately able to locate attorneys for the two people arrested. \""Clendaniel and Russell conspired and took steps to shoot multiple electrical substations in the Baltimore area aiming to 'completely destroy this whole city', but these plans were stopped,\"" Erek Barron, the U.S. Attorney for the District of Maryland, said in the press briefing. \""The accused were not just talking but taking steps to fulfill their threats and further their extremist goals,\"" said Thomas Sobocinski, special agent in charge of the FBI's Baltimore office. From at least June 2022 to the present, Russell conspired to carry out attacks against critical infrastructure, officials said. Russel provided instruction and location information for the planned attack while Clendaniel felt the plot \""will lay this city to waste,\"" Sobocinski told reporters. Baltimore Gas and Electric, a subsidiary of Exelon Corporation EXC.O, which owns the targeted substations, said there was no damage to any of its equipment or outages. The company said it did not believe its equipment was targeted for particular vulnerabilities. (Reporting by Kanishka Singh and Sarah N. Lynch; Editing by Doina Chiacu and Lisa Shumaker) ((Kanishka.Singh@thomsonreuters.com; +12024508248;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Analysts Forecast 11% Gains Ahead For VPU Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Vanguard Utilities ETF (Symbol: VPU), we found that the implied analyst target price for the ETF based upon its underlying holdings is $165.11 per unit. With VPU trading at a recent price near $148.95 per unit, that means that analysts see 10.85% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of VPU's underlying holdings with notable upside to their analyst target prices are Alliant Energy Corp (Symbol: LNT), Ameren Corp (Symbol: AEE), and Exelon Corp (Symbol: EXC). Although LNT has traded at a recent price of $53.34/share, the average analyst target is 11.55% higher at $59.50/share. Similarly, AEE has 11.24% upside from the recent share price of $85.30 if the average analyst target price of $94.89/share is reached, and analysts on average are expecting EXC to reach a target price of $45.42/share, which is 11.04% above the recent price of $40.90. Below is a twelve month price history chart comparing the stock performance of LNT, AEE, and EXC: Combined, LNT, AEE, and EXC represent 6.60% of the Vanguard Utilities ETF. Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET Vanguard Utilities ETF VPU $148.95 $165.11 10.85% Alliant Energy Corp LNT $53.34 $59.50 11.55% Ameren Corp AEE $85.30 $94.89 11.24% Exelon Corp EXC $40.90 $45.42 11.04% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets \u00bb Also see: \u0095 Top Ranked Dividend Stocks With Insider Buying \u0095 AME Dividend Growth Rate \u0095 VVR Historical Stock Prices The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-02-07,40.84,41.015,40.3,40.82,"[""Earnings Preview: Exelon (EXC) Q4 Earnings Expected to Decline Wall Street expects a year-over-year decline in earnings on lower revenues when Exelon (EXC) reports results for the quarter ended December 2022. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on February 14, 2023, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on theearnings call it's worth handicapping the probability of a positive EPS surprise. Zacks Consensus Estimate This energy company is expected to post quarterly earnings of $0.43 per share in its upcoming report, which represents a year-over-year change of -52.2%. Revenues are expected to be $4.52 billion, down 53.1% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 2.9% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for Exelon? For Exelon, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that Exelon will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Exelon would post earnings of $0.72 per share when it actually produced earnings of $0.75, delivering a surprise of +4.17%. Over the last four quarters, the company has beaten consensus EPS estimates just once. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Exelon doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Expected Results of an Industry Player Another stock from the Zacks Utility - Electric Power industry, FirstEnergy (FE), is soon expected to post earnings of $0.53 per share for the quarter ended December 2022. This estimate indicates a year-over-year change of +3.9%. Revenues for the quarter are expected to be $2.84 billion, up 6.8% from the year-ago quarter. The consensus EPS estimate for FirstEnergy has been revised 7.8% higher over the last 30 days to the current level. However, an equal Most Accurate Estimate has resulted in an Earnings ESP of 0.00%. This Earnings ESP, combined with its Zacks Rank #4 (Sell), makes it difficult to conclusively predict that FirstEnergy will beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Free Report: Must-See Hydrogen Stocks Hydrogen fuel cells are already used to provide efficient, ultra-clean energy to buses, ships and even hospitals. This technology is on the verge of a massive breakthrough, one that could make hydrogen a major source of America's power. It could even totally revolutionize the EV industry. Zacks has released a special report revealing the 4 stocks experts believe will deliver the biggest gains. Download Cashing In on Cleaner Energy today, absolutely free. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report FirstEnergy Corporation (FE) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) to Report Q4 Earnings: Here's What to Expect Exelon Corporation EXC is scheduled to release fourth-quarter 2022 financial results on Feb 14, before market open. The company had delivered an earnings surprise of 4.17% in the last reported quarter. Let\u2019s discuss the factors that are likely to be reflected in the upcoming quarterly results. Factors to Consider Exelon Corporation\u2019s fourth-quarter earnings are likely to have benefited from the implementation of new rates at DPL Delaware Natural Gas Base Rate Case. The company\u2019 fourth-quarter earnings are likely to have gained from strong customer demand and decoupled distribution rates, which reduce volumetric risk. Expectations The Zacks Consensus Estimate for fourth-quarter earnings is pegged at 43 cents per share, indicating a year-over-year decline of 52.22%. The Zacks Consensus Estimate for fourth-quarter revenues is pegged at $4.52 billion, implying a year-over-year decline of 53.07%. Quantitative Model Predicts Our proven model does not conclusively predict an earnings beat for Exelon this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is not the case here as you will see below. Exelon Corporation Price and EPS Surprise Exelon Corporation price-eps-surprise | Exelon Corporation Quote Earnings ESP: The company\u2019s Earnings ESP is 0.00%. You can uncover the best stocks to buy or sell before they\u2019re reported with our Earnings ESP Filter. Zacks Rank: Currently, Exelon carries a Zacks Rank #3. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. Stocks to Consider Investors can consider the following players from the same sector that have the right combination of elements to post an earnings beat for the to-be-reported quarter. Entergy ETR is likely to come up with an earnings beat when it reports its fourth-quarter results on Feb 16, 2023, before market open. It has an Earnings ESP of +3.3% and a Zacks Rank #3, at present. Entergy\u2019s long-term (three to five years) earnings growth is pegged at 6%. The Zacks Consensus Estimate for 2023 earnings per share (EPS) is $6.68, implying a year-over-year increase of 4.7%. Public Service Enterprise Group PEG is likely to come up with an earnings beat when it reports its fourth-quarter results on Feb 21, 2023, before market open. It has an Earnings ESP of +3.72% and a Zacks Rank #3, at present. Public Service Enterprise Group\u2019s long-term earnings growth is pegged at 2.36%. Its current dividend yield is 3.53%, compared with Zacks S&P 500 composite's average of 1.51%. TransAlta TAC is likely to come up with an earnings beat when it reports its fourth-quarter results on Feb 23, 2023, before market open. It has an Earnings ESP of +26% and currently sports a Zacks Rank #1. The Zacks Consensus Estimate for 2023 earnings per share is 93 cents, indicating a year-over-year increase of 41.16%. TransAlta\u2019 current dividend yield is 1.8%, compared with Zacks S&P 500 composite's average of 1.51%. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Free Report: Must-See Hydrogen Stocks Hydrogen fuel cells are already used to provide efficient, ultra-clean energy to buses, ships and even hospitals. This technology is on the verge of a massive breakthrough, one that could make hydrogen a major source of America's power. It could even totally revolutionize the EV industry. Zacks has released a special report revealing the 4 stocks experts believe will deliver the biggest gains. Download Cashing In on Cleaner Energy today, absolutely free. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Entergy Corporation (ETR) : Free Stock Analysis Report Public Service Enterprise Group Incorporated (PEG) : Free Stock Analysis Report TransAlta Corporation (TAC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-02-08,40.48,40.5,39.895,40.24,"Ameren (AEE) Reports Next Week: Wall Street Expects Earnings Growth Ameren (AEE) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2022. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on February 15, 2023, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on theearnings call it's worth handicapping the probability of a positive EPS surprise. Zacks Consensus Estimate This utility is expected to post quarterly earnings of $0.56 per share in its upcoming report, which represents a year-over-year change of +16.7%. Revenues are expected to be $1.6 billion, up 3.5% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 3.92% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for Ameren? For Ameren, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.71%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that Ameren will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Ameren would post earnings of $1.72 per share when it actually produced earnings of $1.74, delivering a surprise of +1.16%. Over the last four quarters, the company has beaten consensus EPS estimates two times. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Ameren doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Expected Results of an Industry Player Among the stocks in the Zacks Utility - Electric Power industry, Exelon (EXC) is soon expected to post earnings of $0.43 per share for the quarter ended December 2022. This estimate indicates a year-over-year change of -52.2%. This quarter's revenue is expected to be $4.52 billion, down 53.1% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for Exelon has been revised 2.9% up to the current level. Nevertheless, the company now has an Earnings ESP of 0.00%, reflecting an equal Most Accurate Estimate. When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that Exelon will beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers ""Most Likely for Early Price Pops."" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ameren Corporation (AEE) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-02-09,40.27,40.55,39.69,39.99,"COLUMN-Fantasy league matchmaking between oil majors and transition upstarts: Maguire By Gavin Maguire LITTLETON, Colo., Feb 9 (Reuters) - This weekend's Super Bowl is the annual showpiece for American football's top professional teams, and marks the end of the fantasy league season where amateur fans select their own configurations of players that compete on virtual fields. Fantasy footballers deploy their own optimal mix of real-life players from different teams, and compete with other fans for team scoring totals and bragging rights. In a similar spirit, it's possible to fantasize about optimal corporate match-ups on the energy field, pairing up the financial heft and business savvy of established giants with the entrepreneurial zeal of start ups and speciality players. While no trophies will be awarded in this power sector showdown, the accelerating consolidation trend across the energy landscape means plenty of real-life company hook-ups are likely anyway, and so it can be instructive to dream up potential pairings. $200 BILLION SEASON The West's largest oil and gas producers raked in nearly $200 billion in profits in 2022, a testament to the enduring profitability of the oil and gas sector even as global efforts to phase out fossil fuel extraction and sale stepped up a gear. The record profit haul - which came on top of massive dividends and share buybacks that delighted shareholders - lured praise from investors. But the eye-catching headline numbers also drew scrutiny from climate trackers and policymakers anxious to see fossil fuel majors show leadership in the renewable energy field. Some of so-called Big 5 majors, especially Europe-based firms BP BP.L, Shell SHEL.L and TotalEnergies TTEF.PA, already boast major business segments tied to renewable energy. But the most profitable of the big western firms were U.S. giants Exxon Mobil XOM.N and Chevron CVX.N which raked in roughly $92.5 billion in profits between them in 2022, or 47% of the Big 5's total haul. Big exposure to U.S.-based production assets, along with lucrative export streams of oil, gas and fuel were key drivers behind the outsized earnings of U.S. firms. But Exxon and Chevron were also aided by relatively smaller investments in renewable energy businesses compared to their European peers, which allowed the U.S. firms to devote most of their efforts to maximising returns from traditional fossil fuel businesses. That has brought the firms into conflict with the U.S. government, which has laid out bold ambitions tied to the energy transition away from fossil fuels, and has been critical of energy companies ""padding the pockets of executives and shareholders."" Even so, the profit pile earned by Exxon and its rivals clearly presents each firm with expansion opportunities in all areas of the energy sector, including the clean and green space. POTENTIAL MATCH UPS While the oil and gas majors were busy making bank, niche firms specialising in accelerating the energy transition - from upgrading transmission networks to developing smart grids - have faced mounting pressure to scale up operations and product lines to meet surging demand. On paper, the two sets of companies seem primed for a bout of matchmaking, with the hefty war chests of the majors seemingly ideal for funding the capital-intensive expansions planned by the firms engaged in energy transition efforts. Firms such as Quanta Services Inc PWR.N, a contractor specialising in repair and maintenance of renewable networks, and Itron Inc ITRI.O, which uses Industrial Internet of Things (IIoT) capabilities to help utilities monitor energy flows, have both seen strong growth in sales and interest in recent years. But both also face margin pressure from rising operating and financing costs, as well as significant investment needs to scale up and refine product offerings. The market capitalizations of both U.S.-headquartered firms are miniscule compared to Exxon and Chevron, with Exxon's market cap at the end of 2022 nearly 200 times larger than Itron's and 22 times larger than Quanta's. Other relatively small firms deployed in the renewable space include NV5 Global NVEE.O, a technical engineering and consulting firm, and Stem Inc STEM.K, a digital smart network and energy storage system provider. Both firms operate at the front edge of the energy transition in different sectors, and present potentially appealing entry points for majors seeking access to fast-growing specialist areas. Beyond possible David and Goliath set-ups, there are also some larger firms that may be on the radar for oil majors looking to quickly beef up their presence in the green energy and electrification spaces. Enphase Energy Inc ENPH.O, a supplier of microinverters to the solar and battery storage industries, had a market cap of more than $30 billion at the end of 2022, so is already an established entity. But the firm also derives a majority of its revenues from the United States, and so may need a helping hand from a larger firm to extend its global reach. Chicago-based Exelon Corporation EXC.O may be another intriguing addition to a potential fantasy energy team. As the largest utility company in the United States, the firm is already in the starting line-up for any energy sector discussion. But along with hefty annual revenues comes substantial grid investment needs that may strain the company's coffers in the years ahead. In real life, the utility sector is so heavily regulated that a pair-up with an oil major is unlikely. But for a fantasy league exercise, the partnering of an established utility needing to upgrade electric grids with a cash-rich oil and gas giant could make a tough team to beat. Big Oil's bumper yearhttps://tmsnrt.rs/3kcyBxw U.S. majors Exxon & Chevron pull away from European peers in market capitalizationhttps://tmsnrt.rs/3JXHLZI Market capitalization of select energy firms at the end of 2022https://tmsnrt.rs/3JXZQXA (Reporting By Gavin Maguire Editing by Marguerita Choy) ((gavin.maguire@thomsonreuters.com; +720 295 6101;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-02-10,40.17,40.76,39.885,40.71,"COLUMN-Fantasy league matchmaking between oil majors and transition upstarts: Maguire By Gavin Maguire LITTLETON, Colo., Feb 9 (Reuters) - This weekend's Super Bowl is the annual showpiece for American football's top professional teams, and marks the end of the fantasy league season where amateur fans select their own configurations of players that compete on virtual fields. Fantasy footballers deploy their own optimal mix of real-life players from different teams, and compete with other fans for team scoring totals and bragging rights. In a similar spirit, it's possible to fantasize about optimal corporate match-ups on the energy field, pairing up the financial heft and business savvy of established giants with the entrepreneurial zeal of start ups and speciality players. While no trophies will be awarded in this power sector showdown, the accelerating consolidation trend across the energy landscape means plenty of real-life company hook-ups are likely anyway, and so it can be instructive to dream up potential pairings. $200 BILLION SEASON The West's largest oil and gas producers raked in nearly $200 billion in profits in 2022, a testament to the enduring profitability of the oil and gas sector even as global efforts to phase out fossil fuel extraction and sale stepped up a gear. The record profit haul - which came on top of massive dividends and share buybacks that delighted shareholders - lured praise from investors. But the eye-catching headline numbers also drew scrutiny from climate trackers and policymakers anxious to see fossil fuel majors show leadership in the renewable energy field. Some of so-called Big 5 majors, especially Europe-based firms BP BP.L, Shell SHEL.L and TotalEnergies TTEF.PA, already boast major business segments tied to renewable energy. But the most profitable of the big western firms were U.S. giants Exxon Mobil XOM.N and Chevron CVX.N which raked in roughly $92.5 billion in profits between them in 2022, or 47% of the Big 5's total haul. Big exposure to U.S.-based production assets, along with lucrative export streams of oil, gas and fuel were key drivers behind the outsized earnings of U.S. firms. But Exxon and Chevron were also aided by relatively smaller investments in renewable energy businesses compared to their European peers, which allowed the U.S. firms to devote most of their efforts to maximising returns from traditional fossil fuel businesses. That has brought the firms into conflict with the U.S. government, which has laid out bold ambitions tied to the energy transition away from fossil fuels, and has been critical of energy companies ""padding the pockets of executives and shareholders."" Even so, the profit pile earned by Exxon and its rivals clearly presents each firm with expansion opportunities in all areas of the energy sector, including the clean and green space. POTENTIAL MATCH UPS While the oil and gas majors were busy making bank, niche firms specialising in accelerating the energy transition - from upgrading transmission networks to developing smart grids - have faced mounting pressure to scale up operations and product lines to meet surging demand. On paper, the two sets of companies seem primed for a bout of matchmaking, with the hefty war chests of the majors seemingly ideal for funding the capital-intensive expansions planned by the firms engaged in energy transition efforts. Firms such as Quanta Services Inc PWR.N, a contractor specialising in repair and maintenance of renewable networks, and Itron Inc ITRI.O, which uses Industrial Internet of Things (IIoT) capabilities to help utilities monitor energy flows, have both seen strong growth in sales and interest in recent years. But both also face margin pressure from rising operating and financing costs, as well as significant investment needs to scale up and refine product offerings. The market capitalizations of both U.S.-headquartered firms are miniscule compared to Exxon and Chevron, with Exxon's market cap at the end of 2022 nearly 200 times larger than Itron's and 22 times larger than Quanta's. Other relatively small firms deployed in the renewable space include NV5 Global NVEE.O, a technical engineering and consulting firm, and Stem Inc STEM.K, a digital smart network and energy storage system provider. Both firms operate at the front edge of the energy transition in different sectors, and present potentially appealing entry points for majors seeking access to fast-growing specialist areas. Beyond possible David and Goliath set-ups, there are also some larger firms that may be on the radar for oil majors looking to quickly beef up their presence in the green energy and electrification spaces. Enphase Energy Inc ENPH.O, a supplier of microinverters to the solar and battery storage industries, had a market cap of more than $30 billion at the end of 2022, so is already an established entity. But the firm also derives a majority of its revenues from the United States, and so may need a helping hand from a larger firm to extend its global reach. Chicago-based Exelon Corporation EXC.O may be another intriguing addition to a potential fantasy energy team. As the largest utility company in the United States, the firm is already in the starting line-up for any energy sector discussion. But along with hefty annual revenues comes substantial grid investment needs that may strain the company's coffers in the years ahead. In real life, the utility sector is so heavily regulated that a pair-up with an oil major is unlikely. But for a fantasy league exercise, the partnering of an established utility needing to upgrade electric grids with a cash-rich oil and gas giant could make a tough team to beat. Big Oil's bumper yearhttps://tmsnrt.rs/3kcyBxw U.S. majors Exxon & Chevron pull away from European peers in market capitalizationhttps://tmsnrt.rs/3JXHLZI Market capitalization of select energy firms at the end of 2022https://tmsnrt.rs/3JXZQXA (Reporting By Gavin Maguire Editing by Marguerita Choy) ((gavin.maguire@thomsonreuters.com; +720 295 6101;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-02-13,40.72,41.19,40.65,41.19,"[""Eversource Energy (ES) Lags Q4 Earnings Estimates Eversource Energy (ES) came out with quarterly earnings of $0.92 per share, missing the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.13%. A quarter ago, it was expected that this New England power provider would post earnings of $1.03 per share when it actually produced earnings of $1.01, delivering a surprise of -1.94%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Eversource, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $3.03 billion for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 13.68%. This compares to year-ago revenues of $2.48 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Eversource shares have lost about 4.5% since the beginning of the year versus the S&P 500's gain of 6.5%. What's Next for Eversource? While Eversource has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Eversource: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.37 on $3.75 billion in revenues for the coming quarter and $4.37 on $12.82 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the top 42% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Exelon (EXC), has yet to report results for the quarter ended December 2022. The results are expected to be released on February 14. This energy company is expected to post quarterly earnings of $0.43 per share in its upcoming report, which represents a year-over-year change of -52.2%. The consensus EPS estimate for the quarter has been revised 2.9% higher over the last 30 days to the current level. Exelon's revenues are expected to be $4.52 billion, down 53.1% from the year-ago quarter. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Eversource Energy (ES) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for February 14, 2023 : KO, ZTS, MAR, ECL, TRP, EXC, GFS, QSR, PKI, HWM, LDOS, TRU The following companies are expected to report earnings prior to market open on 02/14/2023. Visit our Earnings Calendar for a full list of expected earnings releases. Coca-Cola Company (KO)is reporting for the quarter ending December 31, 2022. The beverages company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.45. This value represents a no change for the same quarter last year. In the past year KO has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 7.81%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for KO is 24.04 vs. an industry ratio of -1.60, implying that they will have a higher earnings growth than their competitors in the same industry. Zoetis Inc. (ZTS)is reporting for the quarter ending December 31, 2022. The drug company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.14. This value represents a 14.00% increase compared to the same quarter last year. The last two quarters ZTS had negative earnings surprises; the latest report they missed by -2.42%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for ZTS is 32.51 vs. an industry ratio of -0.40, implying that they will have a higher earnings growth than their competitors in the same industry. Marriott International (MAR)is reporting for the quarter ending December 31, 2022. The hotel company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.84. This value represents a 41.54% increase compared to the same quarter last year. In the past year MAR has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2022 Price to Earnings ratio for MAR is 26.04 vs. an industry ratio of 28.90. Ecolab Inc. (ECL)is reporting for the quarter ending December 31, 2022. The chemical company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.25. This value represents a 2.34% decrease compared to the same quarter last year. ECL missed the consensus earnings per share in the 3rd calendar quarter of 2022 by -2.26%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for ECL is 32.67 vs. an industry ratio of 9.20, implying that they will have a higher earnings growth than their competitors in the same industry. TC Energy Corporation (TRP)is reporting for the quarter ending December 31, 2022. The alternative energy company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.84. This value represents a no change for the same quarter last year. TRP missed the consensus earnings per share in the 1st calendar quarter of 2022 by -1.12%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for TRP is 12.89 vs. an industry ratio of 26.90. Exelon Corporation (EXC)is reporting for the quarter ending December 31, 2022. The electric power utilities company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.43. This value represents a 52.22% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for EXC is 17.93 vs. an industry ratio of 6.60, implying that they will have a higher earnings growth than their competitors in the same industry. GlobalFoundries Inc. (GFS)is reporting for the quarter ending December 31, 2022. The electric company company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.27. This value represents a 1487.50% increase compared to the same quarter last year. In the past year GFS has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 12.96%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for GFS is 24.01 vs. an industry ratio of 28.40. Restaurant Brands International Inc. (QSR)is reporting for the quarter ending December 31, 2022. The restaurant company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.72. This value represents a 2.70% decrease compared to the same quarter last year. In the past year QSR has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 20%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for QSR is 21.54 vs. an industry ratio of 21.90. PerkinElmer, Inc. (PKI)is reporting for the quarter ending December 31, 2022. The scientific instrument company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.66. This value represents a 35.16% decrease compared to the same quarter last year. In the past year PKI has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 2.03%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for PKI is 17.18 vs. an industry ratio of -0.30, implying that they will have a higher earnings growth than their competitors in the same industry. Howmet Aerospace Inc. (HWM)is reporting for the quarter ending December 31, 2022. The engineering company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.38. This value represents a 26.67% increase compared to the same quarter last year. In the past year HWM has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2022 Price to Earnings ratio for HWM is 28.94 vs. an industry ratio of 155.70. Leidos Holdings, Inc. (LDOS)is reporting for the quarter ending December 31, 2022. The aerospace and defense company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.61. This value represents a 3.21% increase compared to the same quarter last year. LDOS missed the consensus earnings per share in the 4th calendar quarter of 2021 by -2.5%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for LDOS is 15.85 vs. an industry ratio of 13.70, implying that they will have a higher earnings growth than their competitors in the same industry. TransUnion (TRU)is reporting for the quarter ending December 31, 2022. The business info service company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.74. This value represents a 1.37% increase compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for TRU is 20.67 vs. an industry ratio of 20.30, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for February 14, 2023 : KO, ZTS, MAR, ECL, TRP, EXC, GFS, QSR, PKI, HWM, LDOS, TRU The following companies are expected to report earnings prior to market open on 02/14/2023. Visit our Earnings Calendar for a full list of expected earnings releases. Coca-Cola Company (KO)is reporting for the quarter ending December 31, 2022. The beverages company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.45. This value represents a no change for the same quarter last year. In the past year KO has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 7.81%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for KO is 24.04 vs. an industry ratio of -1.60, implying that they will have a higher earnings growth than their competitors in the same industry. Zoetis Inc. (ZTS)is reporting for the quarter ending December 31, 2022. The drug company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.14. This value represents a 14.00% increase compared to the same quarter last year. The last two quarters ZTS had negative earnings surprises; the latest report they missed by -2.42%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for ZTS is 32.51 vs. an industry ratio of -0.40, implying that they will have a higher earnings growth than their competitors in the same industry. Marriott International (MAR)is reporting for the quarter ending December 31, 2022. The hotel company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.84. This value represents a 41.54% increase compared to the same quarter last year. In the past year MAR has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2022 Price to Earnings ratio for MAR is 26.04 vs. an industry ratio of 28.90. Ecolab Inc. (ECL)is reporting for the quarter ending December 31, 2022. The chemical company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.25. This value represents a 2.34% decrease compared to the same quarter last year. ECL missed the consensus earnings per share in the 3rd calendar quarter of 2022 by -2.26%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for ECL is 32.67 vs. an industry ratio of 9.20, implying that they will have a higher earnings growth than their competitors in the same industry. TC Energy Corporation (TRP)is reporting for the quarter ending December 31, 2022. The alternative energy company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.84. This value represents a no change for the same quarter last year. TRP missed the consensus earnings per share in the 1st calendar quarter of 2022 by -1.12%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for TRP is 12.89 vs. an industry ratio of 26.90. Exelon Corporation (EXC)is reporting for the quarter ending December 31, 2022. The electric power utilities company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.43. This value represents a 52.22% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for EXC is 17.93 vs. an industry ratio of 6.60, implying that they will have a higher earnings growth than their competitors in the same industry. GlobalFoundries Inc. (GFS)is reporting for the quarter ending December 31, 2022. The electric company company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.27. This value represents a 1487.50% increase compared to the same quarter last year. In the past year GFS has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 12.96%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for GFS is 24.01 vs. an industry ratio of 28.40. Restaurant Brands International Inc. (QSR)is reporting for the quarter ending December 31, 2022. The restaurant company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.72. This value represents a 2.70% decrease compared to the same quarter last year. In the past year QSR has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 20%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for QSR is 21.54 vs. an industry ratio of 21.90. PerkinElmer, Inc. (PKI)is reporting for the quarter ending December 31, 2022. The scientific instrument company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.66. This value represents a 35.16% decrease compared to the same quarter last year. In the past year PKI has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 2.03%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for PKI is 17.18 vs. an industry ratio of -0.30, implying that they will have a higher earnings growth than their competitors in the same industry. Howmet Aerospace Inc. (HWM)is reporting for the quarter ending December 31, 2022. The engineering company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.38. This value represents a 26.67% increase compared to the same quarter last year. In the past year HWM has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2022 Price to Earnings ratio for HWM is 28.94 vs. an industry ratio of 155.70. Leidos Holdings, Inc. (LDOS)is reporting for the quarter ending December 31, 2022. The aerospace and defense company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.61. This value represents a 3.21% increase compared to the same quarter last year. LDOS missed the consensus earnings per share in the 4th calendar quarter of 2021 by -2.5%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for LDOS is 15.85 vs. an industry ratio of 13.70, implying that they will have a higher earnings growth than their competitors in the same industry. TransUnion (TRU)is reporting for the quarter ending December 31, 2022. The business info service company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.74. This value represents a 1.37% increase compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for TRU is 20.67 vs. an industry ratio of 20.30, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-02-14,41.82,42.79,41.52,42.03,"[""Energy Sector Update for 02/14/2023: BTU, EGY, EXC Energy stocks were higher late Tuesday, with the NYSE Energy Sector Index rising 0.3% and the SPDR Energy Select Sector ETF (XLE) climbing 0.3%. The Philadelphia Oil-Service Sector index was fractionally higher while the Dow Jones US Utilities Index was falling 0.3%. West Texas Intermediate crude oil settled 1.2% lower to $79.15 per barrel while North Sea Brent crude was down 1.2% to $85.61 per barrel. Henry Hub natural-gas futures jumped 8% to $2.60 per 1 million BTU. In company news, Peabody Energy (BTU) jumped 10% after it reported Q4 earnings per diluted share and revenue that beat analysts' estimates. Vaalco Energy (EGY) was up almost 3% after raising its quarterly dividend to $0.0625 per share from $0.0325 per share. The company also reported Q4 production of about 14,200 net revenue interest barrels of oil equivalent, compared with 7,554 net revenue interest barrels of oil equivalent a year earlier. Exelon (EXC) rose nearly 2% after it reported Q4 adjusted operating earnings Tuesday of $0.43 per share, up from $0.39 a year earlier. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Q4 Earnings on Par With Estimates, Revenues Beat Exelon Corporation\u2019s EXC fourth-quarter 2022 earnings of 43 cents per share are on par with the Zacks Consensus Estimate. The earnings of the company improved 10.2% from the year-ago level. On a GAAP basis, fourth-quarter earnings were 43 cents per share compared with 31 cents in the year-ago quarter. In 2022, operating earnings per share were $2.27, up 24.1% from $1.83 in 2021. The earnings per share were within the guidance range of $2.21-$2.29 per share. Total Revenues Exelon's fourth-quarter total revenues of $4,667 million surpassed the Zacks Consensus Estimate of $4,520 million by 3.2%. The top line was 5.5% higher than the year-ago figure of $4,424 million. Exelon Corporation Price, Consensus and EPS Surprise Exelon Corporation price-consensus-eps-surprise-chart | Exelon Corporation Quote Highlights of the Release Exelon's fourth-quarter total operating expenses increased 1.5% year over year to $3.95 billion. The increase was due to higher operating and maintenance expenses. Operating income was $710 million, up 36% year over year. Interest expenses totaled $365 million, up 19.6% from the year-ago quarter. Financial Highlights Cash and cash equivalents were $407 million as of Dec 31, 2022 compared with $672 million as of Dec 31, 2021. Long-term debt was $35,272 million as of Dec 31, 2022 compared with $30,749 million as of Dec 31, 2021. Cash provided by operating activities in 2022 was $4,870 million compared with $3,012 million in 2021. Guidance Exelon provided 2023 earnings guidance in the range of $2.30-$2.42 per share. The midpoint of the guided range is $2.36, which is on par with the Zacks Consensus Estimate for the same period. The company reaffirmed 6-8% long-term earnings per share growth for the 2022-2026 time period. Exelon expects its capital expenditure for the 2023-2026 time period to be $31.3 billion to meet customer requirements and further strengthen its transmission and distribution operations. Zacks Rank Exelon has a Zacks Rank #3 (Hold) at present. You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Other Releases NextEra Energy, Inc. NEE reported fourth-quarter 2022 adjusted earnings of 51 cents per share, which beat the Zacks Consensus Estimate of 50 cents by 2%. The Zacks Consensus Estimate for NEE\u2019s 2023 earnings per share is $3.12, implying year-over-year growth of 7.6%. Dominion Energy Inc. D reported fourth-quarter 2022 operating earnings of $1.06 per share, which surpassed the Zacks Consensus Estimate of $1.03 per share by 2.9%. The Zacks Consensus Estimate for Dominion\u2019s 2023 earnings per share is $4.02, suggesting a year-over-year decline of 2.2%. Xcel Energy Inc. XEL posted fourth-quarter 2022 operating earnings of 69 cents per share, which were on par with the Zacks Consensus Estimate. The Zacks Consensus Estimate for XEL\u2019s 2023 earnings per share is $3.37, suggesting year-over-year growth of 6.31%. Is THIS the Ultimate New Clean Energy Source? (4 Ways to Profit) The world is increasingly focused on eliminating fossil fuels and ramping up use of renewable, clean energy sources. Hydrogen fuel cells, powered by the most abundant substance in the universe, could provide an unlimited amount of ultra-clean energy for multiple industries. Our urgent special report reveals 4 hydrogen stocks primed for big gains - plus our other top clean energy stocks. See Stocks Now Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Xcel Energy Inc. (XEL) : Free Stock Analysis Report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report Dominion Energy Inc. (D) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon beats fourth-quarter revenue estimates on higher electricity demand Feb 14 (Reuters) - U.S. electric and gas utility company Exelon Corp EXC.O beat fourth-quarter revenue estimates on Tuesday, helped by higher demand for electricity and an increase in rates across several states. The company also benefited from higher electric distribution earnings at its biggest unit ComEd. Higher rates in states, including Philadelphia, Baltimore and Pennsylvania, helped its margins. Large U.S. electric utilities are investing in low-carbon projects to move away from fuel-powered generation and on modern grids, a plan that requires major investments. Exelon said on Tuesday it plans to invest $31.3 billion over the next four years, and increased its quarterly dividend by 6.7% to 36 cents per share. The company forecast 2023 adjusted operating profit in the range of $2.30 to $2.42 per share, compared with analysts' average estimate of $2.36 per share, according to Refinitiv IBES data. Exelon's fourth-quarter net revenue was $4.67 billion, higher than the estimated $4.12 billion. Its adjusted operating income was 43 cents per share, in line with expectations. (Reporting by Ankit Kumar; Editing by Shilpi Majumdar) ((Ankit.Kumar2@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Eversource Energy (ES) Q4 Earnings Miss Estimates, Sales Beat Eversource Energy ES reported fourth-quarter 2022 operating earnings of 92 cents per share, which lagged the Zacks Consensus Estimate of 94 cents by 2.1%, increasing 1.1% year over year. In 2022, operating earnings per share were $4.09 compared with $3.86 per share in 2021. Eversource Energy\u2019s 2022 earnings were within the guidance of $4.04-$4.14. Revenues Fourth-quarter revenues of $3,029.8 million surpassed the Zacks Consensus Estimate of $2,665 million by 13.7%. Total revenues improved 22.1% from the year-ago figure of $2,481.9 million. Eversource Energy Price, Consensus and EPS Surprise Eversource Energy price-consensus-eps-surprise-chart | Eversource Energy Quote Highlights of the Release Operating expenses increased 24.8% year over year to $2,507.5 million due to a rise in Purchased Power, Fuel and Transmission expenses, an increase in operating and maintenance expenses, and higher spending on energy efficiency programs. Operating income was up 10.5% from the prior-year quarter at $522.3 million. Interest expenses increased 23.5% from the prior-year quarter to $186.8 million. Net income for the quarter under review was $322.1 million, up 4.4% from $308.6 million recorded in the year-ago period. The company invested $3.8 billion in 2022 to strengthen its infrastructure. Segmental Performance Electric Transmission: Earnings from this segment were $140.7 million, up 6.4% from the prior-year quarter. The improvement primarily resulted from a higher level of investment in Eversource\u2019s electric transmission system. Electric Distribution: Earnings from this segment were $97.9 million, down 6.8% from the prior-year quarter. The lower fourth-quarter results were due in part to a commitment to contribute $10 million to help Connecticut households address high energy prices this winter. Natural Gas Distribution: Earnings from this segment for the fourth quarter were $87.1 million compared with $75.2 million in the year-ago quarter. The improvement was primarily due to higher revenues and lower pension expenses. Water Distribution: Earnings from this segment were $7.4 million, up from $6.7 million in the year-ago quarter. The year-over-year decline was due to higher revenues and lower income tax expenses. Eversource Parent & Other Companies: The segment lost $10.8 million, wider than $5.9 million loss in the year-ago quarter. Guidance Eversource Energy expects earnings of $4.25-$4.43 per share for 2023 . The mid-point of earnings guidance is $4.34, a tad lower than the Zacks Consensus Estimate of $4.37 for the year. The company also reaffirmed its expectations for long-term earnings per share growth rate from the existing core regulated businesses in the upper half of 5-7% through 2027, using the $4.09 earned in 2022 as a base. Eversource Energy plans to invest $4.46 billion in 2023. Its total capital expenditure for 2023-2027 is expected to be $21.5 billion. Zacks Rank Eversource currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Other Releases NextEra Energy, Inc. NEE reported fourth-quarter 2022 adjusted earnings of 51 cents per share, which beat the Zacks Consensus Estimate of 50 cents by 2%. The Zacks Consensus Estimate for NEE\u2019s 2023 earnings per share is $3.12, implying year-over-year growth of 7.6%. Dominion Energy Inc. D reported fourth-quarter 2022 operating earnings of $1.06 per share, which surpassed the Zacks Consensus Estimate of $1.03 per share by 2.9%. The Zacks Consensus Estimate for Dominion\u2019s 2023 earnings per share is $4.02, suggesting a year-over-year decline of 2.2%. Exelon Corporation\u2019s EXC fourth-quarter 2022 earnings of 43 cents per share is in line with the Zacks Consensus Estimate. The Zacks Consensus Estimate for Exelon\u2019s 2023 earnings per share is $2.36, suggesting year-over-year growth of 4.1%. Is THIS the Ultimate New Clean Energy Source? (4 Ways to Profit) The world is increasingly focused on eliminating fossil fuels and ramping up use of renewable, clean energy sources. Hydrogen fuel cells, powered by the most abundant substance in the universe, could provide an unlimited amount of ultra-clean energy for multiple industries. Our urgent special report reveals 4 hydrogen stocks primed for big gains - plus our other top clean energy stocks. See Stocks Now Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report Dominion Energy Inc. (D) : Free Stock Analysis Report Eversource Energy (ES) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Q4 Adj. Profit Rises; Issues 2023 Earnings Guidance (RTTNews) - Exelon Corp. (EXC) reported that its fourth-quarter adjusted operating earnings increased to $0.43 per share from $0.39 per share, a year ago. On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $0.43, for the quarter. Analysts' estimates typically exclude special items. Net income to shareholders increased to $432 million from $391 million, prior year. GAAP net income per share from continuing operations increased to $0.43 from $0.31. Operating revenues increased to $4.67 billion from $4.42 billion, prior year. Analysts on average had estimated $4.11 billion in revenue. Exelon introduced a guidance range for 2023 adjusted operating earnings of $2.30-$2.42 per share. Looking forward, the company projects to invest $31.3 billion of capital expenditures over the next four years to meet customer needs, resulting in expected rate base growth of 7.9% and a fully regulated operating EPS compounded annual growth of 6-8% from 2022 to 2026 off the midpoint of 2022 guidance. On February 14, 2023, Exelon's Board declared a regular quarterly dividend of $0.36 per share on common stock for the first quarter of 2023. The dividend is payable on Friday, March 10, 2023, to shareholders of record of Exelon on February 27, 2023. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-02-15,41.78,42.82,41.71,42.67,
EXC,2023-02-16,42.27,42.78,41.89,42.49,
EXC,2023-02-17,42.94,43.34,42.515,43.05,"[""Exelon (EXC) Shares Cross Above 200 DMA In trading on Friday, shares of Exelon Corp (Symbol: EXC) crossed above their 200 day moving average of $42.81, changing hands as high as $43.07 per share. Exelon Corp shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $35.185 per share, with $50.71 as the 52 week high point \u2014 that compares with a last trade of $43.02. The EXC DMA information above was sourced from TechnicalAnalysisChannel.com Free Report: Top 8%+ Dividends (paid monthly) Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average \u00bb Also see: \u0095 FZT shares outstanding history \u0095 Institutional Holders of OGIG \u0095 JLS Historical Stock Prices The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CenterPoint Energy misses quarterly profit estimates on higher costs Feb 17 (Reuters) - CenterPoint Energy Inc CNP.N narrowly missed the fourth-quarter profit estimates on Friday, as higher costs hit the U.S. electric and gas utility firm. The Texas-based company's adjusted net income was 28 cents per share for the three months ended Dec. 31, missing the average analysts' expectations of 29 cents per share, according to Refinitiv IBES data. Earlier this week, peer FirstEnergy Corp FE.Nmissed its profit estimates, while Exelon Corp EXC.Omet expectations. CenterPoint's net income for the reported quarter fell 81% to $122 million, impacted by charges related to its complete exit from the midstream businesses. The company said \""other unfavorable variances\"" of $0.08 per share, primarily driven by higher interest expense, partially offset the benefits from cold weather conditions during the quarter. The company reiterated its 2023 adjusted income forecast of $1.48 per share to $1.50 per share, compared with the analysts' estimates of $1.49. (Reporting by Ankit Kumar; Editing by Shilpi Majumdar) ((Ankit.Kumar2@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-02-21,42.68,42.88,42.08,42.23,
EXC,2023-02-22,42.13,42.52,41.69,41.84,"Ex-Dividend Reminder: Exelon, Embecta and Organon Looking at the universe of stocks we cover at Dividend Channel, on 2/24/23, Exelon Corp (Symbol: EXC), Embecta Corp (Symbol: EMBC), and Organon & Co (Symbol: OGN) will all trade ex-dividend for their respective upcoming dividends. Exelon Corp will pay its quarterly dividend of $0.36 on 3/10/23, Embecta Corp will pay its quarterly dividend of $0.15 on 3/13/23, and Organon & Co will pay its quarterly dividend of $0.28 on 3/16/23. As a percentage of EXC's recent stock price of $42.14, this dividend works out to approximately 0.85%, so look for shares of Exelon Corp to trade 0.85% lower — all else being equal — when EXC shares open for trading on 2/24/23. Similarly, investors should look for EMBC to open 0.48% lower in price and for OGN to open 1.03% lower, all else being equal. Below are dividend history charts for EXC, EMBC, and OGN, showing historical dividends prior to the most recent ones declared. Exelon Corp (Symbol: EXC): Embecta Corp (Symbol: EMBC): Organon & Co (Symbol: OGN): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.42% for Exelon Corp, 1.91% for Embecta Corp, and 4.11% for Organon & Co. Free Report: Top 8%+ Dividends (paid monthly) In Wednesday trading, Exelon Corp shares are currently off about 0.2%, Embecta Corp shares are up about 0.9%, and Organon & Co shares are up about 0.8% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » Also see: • Dividend Calculator • ALB Videos • Funds Holding XTH The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-02-23,41.835,41.96,41.46,41.84,
EXC,2023-02-24,41.1,41.415,40.91,41.32,
EXC,2023-02-27,41.55,42.22,41.335,41.43,
EXC,2023-02-28,41.27,41.38,40.34,40.39,"After Hours Most Active for Feb 28, 2023 : VFC, LUMN, WU, COLB, EXC, UMPQ, RIVN, T, AAPL, GGG, LNC, AFRM The NASDAQ 100 After Hours Indicator is down -24.08 to 12,018.04. The total After hours volume is currently 218,601,584 shares traded. The following are the most active stocks for the after hours session: V.F. Corporation (VFC) is +0.08 at $24.90, with 29,062,369 shares traded. VFC's current last sale is 84.41% of the target price of $29.5. Lumen Technologies, Inc. (LUMN) is unchanged at $3.40, with 24,539,189 shares traded. LUMN's current last sale is 56.67% of the target price of $6. Western Union Company (The) (WU) is unchanged at $12.96, with 13,012,594 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2023. The consensus EPS forecast is $0.42. WU's current last sale is 94.25% of the target price of $13.75. Columbia Banking System, Inc. (COLB) is unchanged at $29.73, with 11,960,181 shares traded. As reported in the last short interest update the days to cover for COLB is 11.502479; this calculation is based on the average trading volume of the stock. Exelon Corporation (EXC) is -0.0021 at $40.39, with 8,483,439 shares traded. As reported by Zacks, the current mean recommendation for EXC is in the ""buy range"". Umpqua Holdings Corporation (UMPQ) is unchanged at $17.66, with 5,485,584 shares traded. UMPQ's current last sale is 92.95% of the target price of $19. Rivian Automotive, Inc. (RIVN) is -1.27 at $18.03, with 4,518,215 shares traded. Smarter Analyst Reports: Report: Rivian Raises Vehicle Prices by up to 20%; Shares Sink 8.4% AT&T Inc. (T) is unchanged at $18.91, with 4,033,850 shares traded. T's current last sale is 84.04% of the target price of $22.5. Apple Inc. (AAPL) is +0.0073 at $147.42, with 3,959,094 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2023. The consensus EPS forecast is $1.24. As reported by Zacks, the current mean recommendation for AAPL is in the ""buy range"". Graco Inc. (GGG) is unchanged at $69.54, with 3,272,872 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2023. The consensus EPS forecast is $0.62. GGG's current last sale is 90.31% of the target price of $77. Lincoln National Corporation (LNC) is unchanged at $31.72, with 3,253,485 shares traded. LNC's current last sale is 88.11% of the target price of $36. Affirm Holdings, Inc. (AFRM) is -0.06 at $13.56, with 2,913,784 shares traded. AFRM's current last sale is 90.4% of the target price of $15. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-03-01,40.07,40.19,39.49,39.75,
EXC,2023-03-02,39.63,40.41,39.535,40.38,"Should You Invest in the Invesco S&P 500 Equal Weight Utilities ETF (RYU)? Looking for broad exposure to the Utilities - Broad segment of the equity market? You should consider the Invesco S&P 500 Equal Weight Utilities ETF (RYU), a passively managed exchange traded fund launched on 11/01/2006. Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors. Additionally, sector ETFs offer convenient ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Utilities - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 3, placing it in top 19%. Index Details The fund is sponsored by Invesco. It has amassed assets over $383.34 million, making it one of the average sized ETFs attempting to match the performance of the Utilities - Broad segment of the equity market. RYU seeks to match the performance of the S&P 500 Equal Weight Telecommunication Services & Utilities Index before fees and expenses. The S&P 500 Equal Weight Telecommunication Services & Utilities Index equally weights stocks found in the utilities and telecommunication services sectors of the S&P 500 Index. Costs Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same. Annual operating expenses for this ETF are 0.40%, making it one of the cheaper products in the space. It has a 12-month trailing dividend yield of 2.54%. Sector Exposure and Top Holdings Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation in the Utilities sector--about 100% of the portfolio. Looking at individual holdings, Pg&e Corp (PCG) accounts for about 3.42% of total assets, followed by Dominion Energy Inc (D) and Exelon Corp (EXC). The top 10 holdings account for about 30.35% of total assets under management. Performance and Risk The ETF has lost about -7.44% and is up about 1.43% so far this year and in the past one year (as of 03/02/2023), respectively. RYU has traded between $101.43 and $127.40 during this last 52-week period. The ETF has a beta of 0.54 and standard deviation of 26.88% for the trailing three-year period, making it a medium risk choice in the space. With about 32 holdings, it has more concentrated exposure than peers. Alternatives Invesco S&P 500 Equal Weight Utilities ETF sports a Zacks ETF Rank of 4 (Sell), which is based on expected asset class return, expense ratio, and momentum, among other factors. RYU, then, is not a great choice for investors seeking exposure to the Utilities/Infrastructure ETFs segment of the market. Instead, there are better ETFs in the space to consider. Vanguard Utilities ETF (VPU) tracks MSCI US Investable Market Utilities 25/50 Index and the Utilities Select Sector SPDR ETF (XLU) tracks Utilities Select Sector Index. Vanguard Utilities ETF has $5.20 billion in assets, Utilities Select Sector SPDR ETF has $14.13 billion. VPU has an expense ratio of 0.10% and XLU charges 0.10%. Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Invesco S&P 500 Equal Weight Utilities ETF (RYU): ETF Research Reports Exelon Corporation (EXC) : Free Stock Analysis Report Pacific Gas & Electric Co. (PCG) : Free Stock Analysis Report Dominion Energy Inc. (D) : Free Stock Analysis Report Utilities Select Sector SPDR ETF (XLU): ETF Research Reports Vanguard Utilities ETF (VPU): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-03-03,40.49,41.42,40.32,41.38,
EXC,2023-03-06,41.45,41.63,41.03,41.49,"Validea Guru Fundamental Report for EXC - 3/6/2023 Below is Validea's guru fundamental report for EXELON CORP (EXC). Of the 22 guru strategies we follow, EXC rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown. EXELON CORP (EXC) is a large-cap growth stock in the Electric Utilities industry. The rating using this strategy is 75% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. UNIVERSE: PASS NET PAYOUT YIELD: FAIL QUALITY AND DEBT: PASS VALUATION: PASS RELATIVE STRENGTH: PASS SHAREHOLDER YIELD: FAIL Detailed Analysis of EXELON CORP EXC Guru Analysis EXC Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book ""Shareholder Yield"" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics. Additional Research Links Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-03-07,41.64,41.83,40.61,41.0,"[""Exelon a Top Socially Responsible Dividend Stock With 3.5% Yield (EXC) Exelon Corp (Symbol: EXC) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.5% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society \u2014 for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol. According to the ETF Finder at ETF Channel, Exelon Corp is a member of the iShares USA ESG Select ETF (SUSA), making up 0.22% of the underlying holdings of the fund, which owns $7,674,121 worth of EXC shares. The annualized dividend paid by Exelon Corp is $1.44/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 02/24/2023. Below is a long-term dividend history chart for EXC, which the DividendRank report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. EXC operates in the Electric Utilities sector, among companies like NextEra Energy Inc (NEE), and Duke Energy Corp (DUK). Top 25 Socially Responsible Dividend Stocks \u2014 Income To Feel Good About \u00bb Also see: \u0095 Semiconductors Dividend Stocks \u0095 COLM Split History \u0095 ATIS market cap history The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Is Invesco S&P 500 Equal Weight Utilities ETF (RYU) a Strong ETF Right Now? The Invesco S&P 500 Equal Weight Utilities ETF (RYU) was launched on 11/01/2006, and is a smart beta exchange traded fund designed to offer broad exposure to the Utilities/Infrastructure ETFs category of the market. What Are Smart Beta ETFs? For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment. Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a low-cost, convenient, and transparent way. There are some investors, though, who think it's possible to beat the market with great stock selection; this group likely invests in another class of funds known as smart beta, which track non-cap weighted strategies. This kind of index follows this same mindset, as it attempts to pick stocks that have better chances of risk-return performance; non-cap weighted strategies base selection on certain fundamental characteristics, or a mix of such characteristics. Even though this space provides many choices to investors--think one of the simplest methodologies like equal-weighting and more complicated ones like fundamental and volatility/momentum based weighting--not all have been able to deliver first-rate results. Fund Sponsor & Index The fund is managed by Invesco, and has been able to amass over $381.71 million, which makes it one of the average sized ETFs in the Utilities/Infrastructure ETFs. Before fees and expenses, this particular fund seeks to match the performance of the S&P 500 Equal Weight Telecommunication Services & Utilities Index. The S&P 500 Equal Weight Telecommunication Services & Utilities Index equally weights stocks found in the utilities and telecommunication services sectors of the S&P 500 Index. Cost & Other Expenses Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive cousins if all other fundamentals are the same. With one of the cheaper products in the space, this ETF has annual operating expenses of 0.40%. It has a 12-month trailing dividend yield of 2.45%. Sector Exposure and Top Holdings Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. RYU's heaviest allocation is in the Utilities sector, which is about 100% of the portfolio. Taking into account individual holdings, Pg&e Corp (PCG) accounts for about 3.42% of the fund's total assets, followed by Dominion Energy Inc (D) and Exelon Corp (EXC). RYU's top 10 holdings account for about 30.35% of its total assets under management. Performance and Risk Year-to-date, the Invesco S&P 500 Equal Weight Utilities ETF has lost about -4.07% so far, and is down about -0.55% over the last 12 months (as of 03/07/2023). RYU has traded between $101.43 and $127.40 in this past 52-week period. RYU has a beta of 0.54 and standard deviation of 26.54% for the trailing three-year period, which makes the fund a medium risk choice in the space. With about 32 holdings, it has more concentrated exposure than peers. Alternatives Invesco S&P 500 Equal Weight Utilities ETF is not a suitable option for investors seeking to outperform the Utilities/Infrastructure ETFs segment of the market. Instead, there are other ETFs in the space which investors should consider. Vanguard Utilities ETF (VPU) tracks MSCI US Investable Market Utilities 25/50 Index and the Utilities Select Sector SPDR ETF (XLU) tracks Utilities Select Sector Index. Vanguard Utilities ETF has $5.32 billion in assets, Utilities Select Sector SPDR ETF has $15.07 billion. VPU has an expense ratio of 0.10% and XLU charges 0.10%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Utilities/Infrastructure ETFs. Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want key ETF info delivered straight to your inbox? Zacks\u2019 free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Invesco S&P 500 Equal Weight Utilities ETF (RYU): ETF Research Reports Exelon Corporation (EXC) : Free Stock Analysis Report Pacific Gas & Electric Co. (PCG) : Free Stock Analysis Report Dominion Energy Inc. (D) : Free Stock Analysis Report Utilities Select Sector SPDR ETF (XLU): ETF Research Reports Vanguard Utilities ETF (VPU): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-03-08,41.04,41.36,40.755,41.25,
EXC,2023-03-09,41.32,41.61,40.5,40.59,
EXC,2023-03-10,40.8,40.9029,39.835,40.18,
EXC,2023-03-13,40.075,41.52,40.0,41.39,
EXC,2023-03-14,41.63,41.7526,40.89,41.34,
EXC,2023-03-15,41.03,42.13,40.655,41.84,
EXC,2023-03-16,41.58,42.19,41.195,42.15,
EXC,2023-03-17,42.03,42.26,41.345,42.14,"[""Is NextEra Energy Stock a Buy? The average utility, using the Vanguard Utilities Index ETF (NYSEMKT: VPU) as a proxy, has a yield of 3.2%. By comparison, NextEra Energy (NYSE: NEE) has a yield of just 2.5%. Why the difference? NextEra Energy is not your \""average\"" utility. Here's why a lot of investors will find this dividend growth stock worth a deep dive. The basics NextEra Energy is really two companies in one. The boring side of the business is the company's regulated electric utility operations in Florida, largely consisting of Florida Power & Light. It is one of the largest utilities in the United States and continues to see increasing demand driven by population growth, which makes it a fundamentally strong business. This is the solid core on which the company has layered NextEra Energy Resources, which is a fairly nondescript name for something that is quite exciting. Image source: Getty Images. NextEra Energy Resources claims to be the world's largest producer of wind and solar power. It is a key growth engine for NextEra Energy, as the world continues its transition away from carbon fuels and toward cleaner alternatives. At the end of 2022, NextEra Energy Resources owned 30 gigawatts of production capacity. The combination of these two businesses has produced impressive financial results. The company's adjusted earnings per share have grown at a compound annual rate of 10% over the past decade -- the highest among its peers. The dividend has been increased at a touch over 10% a year, on average. Utilities are generally considered slow and steady performers, so these two metrics are really quite astounding and highlight why NextEra Energy is not your \""average\"" utility stock. The problem for investors Wall Street knows just how strong NextEra Energy's performance has been. That's why its dividend yield is below the average for a utility. It's also toward the low end of the company's own yield range over the past decade. That suggests that investors are affording NextEra Energy a premium price. That is buttressed by NextEra Energy's price-to-earnings (P/E) ratio, which sits at around 36. That compares with P/E ratios of around 20 for similarly sized peers such as Exelon and Southern Company. The weighted average P/E ratio for the Vanguard Utilities Index ETF is 22.5. NextEra Energy is not an appropriate choice for those who prefer value-oriented investments. Yet NextEra Energy doesn't think its growth is set to slow in any material way. For example, as it reported full-year 2022 financial results, it extended its outlook to 2026 with adjusted earnings pegged to grow between 6% and 8% a year. Dividend growth of 10% is expected through at least 2024. With that kind of outlook in what is normally a stodgy industry, it's little wonder that investors are affording NextEra Energy a premium price. Backing that growth is $32 billion to $34 billion in capital spending plans at the company's Florida utility over the next three years. A 19-gigawatt backlog of signed renewable-energy contracts is also waiting to be built. However, management's high-end target is to build as much as 42 gigawatts by 2026, which would more than double its capacity. Given the company's successful history in each of its primary businesses, there's no reason to believe it can't live up to management's lofty expectations. Still, investors might want to monitor the company's progress, as the rising interest-rate environment and inflation both increase the costs of big capital projects. Higher costs can result in the cancelation of projects if they no longer make economic sense. In all, trust but verify is probably the correct stance here. Best for dividend growth investors As already noted, NextEra Energy probably won't interest value investors. However, those in search of dividend growth may want to consider this utility. You'll be paying a premium, but it would be hard to find another utility with the growth prospects, business strengths, and dividend record on offer here. (The annual dividend has been increased annually for more than 25 years.) In fact, NextEra Energy could offer a very attractive diversification opportunity for a dividend growth portfolio, as it would add a sector to the mix -- utilities -- that generally isn't known for rapid dividend growth. 10 stocks we like better than NextEra Energy When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and NextEra Energy wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of March 8, 2023 Reuben Gregg Brewer has positions in Southern Company. The Motley Fool has positions in and recommends NextEra Energy. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Breaks Above 200-Day Moving Average - Bullish for EXC In trading on Friday, shares of Exelon Corp (Symbol: EXC) crossed above their 200 day moving average of $42.22, changing hands as high as $42.26 per share. Exelon Corp shares are currently trading trading flat on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $35.185 per share, with $50.71 as the 52 week high point \u2014 that compares with a last trade of $42.14. The EXC DMA information above was sourced from TechnicalAnalysisChannel.com Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average \u00bb Also see: \u0095 MYL Videos \u0095 Top Ten Hedge Funds Holding PAM \u0095 Funds Holding MLP The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-03-20,42.14,42.385,41.78,41.82,"Monday Sector Laggards: Services, Utilities Looking at the sectors faring worst as of midday Monday, shares of Services companies are underperforming other sectors, higher by 0.7%. Within that group, Amazon.com Inc (Symbol: AMZN) and Advance Auto Parts Inc (Symbol: AAP) are two large stocks that are lagging, showing a loss of 2.4% and 1.3%, respectively. Among the largest ETFs, one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (Symbol: IYC), which is up 0.1% on the day, and up 7.78% year-to-date. Amazon.com Inc, meanwhile, is up 12.55% year-to-date, and Advance Auto Parts Inc, is down 22.23% year-to-date. Combined, AMZN and AAP make up approximately 14.8% of the underlying holdings of IYC. The next worst performing sector is the Utilities sector, higher by 0.7%. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and WEC Energy Group Inc (Symbol: WEC) are the most notable, showing a loss of 0.4% and 0.3%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 0.3% in midday trading, and down 5.30% on a year-to-date basis. Exelon Corp, meanwhile, is down 1.89% year-to-date, and WEC Energy Group Inc is up 0.63% year-to-date. Combined, EXC and WEC make up approximately 7.4% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, nine sectors are up on the day, while none of the sectors are down. SECTOR % CHANGE Energy +2.2% Materials +1.8% Financial +1.1% Consumer Products +0.9% Healthcare +0.9% Industrial +0.9% Technology & Communications +0.8% Services +0.7% Utilities +0.7% 10 ETFs With Stocks That Insiders Are Buying » Also see: • Top Ten Hedge Funds Holding PLCM • Institutional Holders of IBHI • GPRK shares outstanding history The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-03-21,41.95,42.03,40.235,40.68,
EXC,2023-03-22,40.34,40.79,39.66,39.68,"Wednesday Sector Laggards: Financial, Utilities In afternoon trading on Wednesday, Financial stocks are the worst performing sector, showing a 0.7% loss. Within that group, Lincoln National Corp. (Symbol: LNC) and The Charles Schwab Corporation (Symbol: SCHW) are two large stocks that are lagging, showing a loss of 4.1% and 4.0%, respectively. Among financial ETFs, one ETF following the sector is the Financial Select Sector SPDR ETF (Symbol: XLF), which is down 0.1% on the day, and down 6.49% year-to-date. Lincoln National Corp., meanwhile, is down 28.42% year-to-date, and The Charles Schwab Corporation, is down 29.99% year-to-date. Combined, LNC and SCHW make up approximately 2.6% of the underlying holdings of XLF. The next worst performing sector is the Utilities sector, showing a 0.6% loss. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and NRG Energy Inc (Symbol: NRG) are the most notable, showing a loss of 1.6% and 1.4%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 0.5% in midday trading, and down 6.65% on a year-to-date basis. Exelon Corp, meanwhile, is down 6.39% year-to-date, and NRG Energy Inc is up 3.63% year-to-date. Combined, EXC and NRG make up approximately 5.0% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, five sectors are up on the day, while three sectors are down. SECTOR % CHANGE Technology & Communications +0.6% Consumer Products +0.2% Services +0.1% Industrial +0.1% Materials +0.1% Healthcare 0.0% Energy -0.2% Utilities -0.6% Financial -0.7% 25 Dividend Giants Widely Held By ETFs » Also see: • Funds Holding NVDA • NEBS Videos • Funds Holding GRNR The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-03-23,39.64,40.3,38.98,39.2,
EXC,2023-03-24,39.13,40.25,39.06,40.24,
EXC,2023-03-27,40.47,40.91,40.4,40.52,
EXC,2023-03-28,40.54,41.225,40.45,40.82,
EXC,2023-03-29,40.93,41.355,40.92,41.15,
EXC,2023-03-30,41.42,41.91,41.22,41.45,
EXC,2023-03-31,41.55,41.93,41.35,41.89,
EXC,2023-04-03,41.81,42.165,41.44,41.81,
EXC,2023-04-04,41.76,42.07,41.61,41.86,"Guru Fundamental Report for EXC Below is Validea's guru fundamental report for EXELON CORP (EXC). Of the 22 guru strategies we follow, EXC rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown. EXELON CORP (EXC) is a large-cap growth stock in the Electric Utilities industry. The rating using this strategy is 75% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. UNIVERSE: PASS NET PAYOUT YIELD: FAIL QUALITY AND DEBT: PASS VALUATION: PASS RELATIVE STRENGTH: PASS SHAREHOLDER YIELD: FAIL Detailed Analysis of EXELON CORP EXC Guru Analysis EXC Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book ""Shareholder Yield"" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics. Additional Research Links Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-04-05,42.01,43.08,42.01,42.93,"Interesting EXC Put And Call Options For October 20th Investors in Exelon Corp (Symbol: EXC) saw new options begin trading this week, for the October 20th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 198 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the EXC options chain for the new October 20th contracts and identified one put and one call contract of particular interest. The put contract at the $40.00 strike price has a current bid of $1.35. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $40.00, but will also collect the premium, putting the cost basis of the shares at $38.65 (before broker commissions). To an investor already interested in purchasing shares of EXC, that could represent an attractive alternative to paying $42.68/share today. Because the $40.00 strike represents an approximate 6% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 69%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 3.38% return on the cash commitment, or 6.22% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $40.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $44.00 strike price has a current bid of $1.90. If an investor was to purchase shares of EXC stock at the current price level of $42.68/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $44.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 7.54% if the stock gets called away at the October 20th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if EXC shares really soar, which is why looking at the trailing twelve month trading history for Exelon Corp, as well as studying the business fundamentals becomes important. Below is a chart showing EXC's trailing twelve month trading history, with the $44.00 strike highlighted in red: Considering the fact that the $44.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 51%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 4.45% boost of extra return to the investor, or 8.21% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 42%, while the implied volatility in the call contract example is 37%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $42.68) to be 26%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » Also see: • Asset Management Dividend Stocks • CLFC Videos • Top Ten Hedge Funds Holding LO The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-04-06,43.13,43.33,42.77,43.06,
EXC,2023-04-10,42.93,43.275,42.43,43.26,
EXC,2023-04-11,43.35,43.43,43.07,43.26,"Guru Fundamental Report for EXC - Martin Zweig Below is Validea's guru fundamental report for EXELON CORP (EXC). Of the 22 guru strategies we follow, EXC rates highest using our Growth Investor model based on the published strategy of Martin Zweig. This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt. EXELON CORP (EXC) is a large-cap growth stock in the Electric Utilities industry. The rating using this strategy is 66% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E RATIO: PASS REVENUE GROWTH IN RELATION TO EPS GROWTH: FAIL SALES GROWTH RATE: PASS CURRENT QUARTER EARNINGS: PASS QUARTERLY EARNINGS ONE YEAR AGO: PASS POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: FAIL EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS EARNINGS PERSISTENCE: FAIL LONG-TERM EPS GROWTH: FAIL TOTAL DEBT/EQUITY RATIO: PASS INSIDER TRANSACTIONS: PASS Detailed Analysis of EXELON CORP EXC Guru Analysis EXC Fundamental Analysis More Information on Martin Zweig Martin Zweig Portfolio About Martin Zweig: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual and hedge funds during his career, and he's put the fortune he's compiled to some interesting uses. He has owned what Forbes reported was the most expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in ""Dirty Harry"", a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland, according to published reports. Additional Research Links Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-04-12,43.3,43.5,42.96,43.08,
EXC,2023-04-13,42.95,43.03,41.95,42.89,
EXC,2023-04-14,42.415,42.6,41.915,42.13,"Energy Sector Update for 04/14/2023: EXC, VTRN, HLGN, BTE Energy stocks were steady to lower late Friday afternoon, with the NYSE Energy Sector Index down 0.1% and the Energy Select Sector SPDR Fund (XLE) steady. The Philadelphia Oil Service Sector index fell 0.4%, and the Dow Jones US Utilities index dropped 1.4%. West Texas Intermediate crude oil was rising 0.4% to $82.48 per barrel while the global benchmark Brent crude contract was advancing 0.2% to $86.28 per barrel. Henry Hub natural gas futures were up 5.4% to $2.1116 per 1 million BTU. In company news, Exelon (EXC) unit ComEd said it spent $963 million with diversity-certified suppliers in 2022, representing 43% of its total supply chain spend. Exelon shares were down 2.2%. Vertex Energy (VTNR) dropped 3.2%. The company said its capital expenditure for Q1 of this year is now expected to be $65 million to $70 million, up from the previous forecast of $30 million to $35 million. Heliogen (HLGN) jumped 13% after the company said it has received an unsolicited, non-binding offer from Continuum Renewables to acquire it for $0.40 per share in cash. Baytex Energy (BTE) rose 0.5% after it priced a private offering of $800 million of senior unsecured notes due 2030 at 98.709% of par and upsized it from $750 million. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-04-17,42.32,42.72,42.2,42.67,
EXC,2023-04-18,42.8,43.04,42.58,42.85,"Guru Fundamental Report for EXC Below is Validea's guru fundamental report for EXELON CORP (EXC). Of the 22 guru strategies we follow, EXC rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown. EXELON CORP (EXC) is a large-cap growth stock in the Electric Utilities industry. The rating using this strategy is 75% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. UNIVERSE: PASS NET PAYOUT YIELD: FAIL QUALITY AND DEBT: PASS VALUATION: PASS RELATIVE STRENGTH: PASS SHAREHOLDER YIELD: FAIL Detailed Analysis of EXELON CORP EXC Guru Analysis EXC Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book ""Shareholder Yield"" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics. Additional Research Links Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-04-19,42.75,43.11,42.75,43.04,
EXC,2023-04-20,43.08,43.14,42.66,43.0,"Morgan Stanley Maintains Exelon (EXC) Overweight Recommendation Fintel reports that on April 20, 2023, Morgan Stanley maintained coverage of Exelon (NASDAQ:EXC) with a Overweight recommendation. Analyst Price Forecast Suggests 9.11% Upside As of April 6, 2023, the average one-year price target for Exelon is $46.96. The forecasts range from a low of $44.44 to a high of $53.55. The average price target represents an increase of 9.11% from its latest reported closing price of $43.04. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Exelon is $19,564MM, an increase of 2.55%. The projected annual non-GAAP EPS is $2.39. What are Other Shareholders Doing? Quadrant Capital Group holds 5K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 5K shares, representing an increase of 3.36%. The firm increased its portfolio allocation in EXC by 2.43% over the last quarter. Daiwa Securities Group holds 347K shares representing 0.03% ownership of the company. In it's prior filing, the firm reported owning 213K shares, representing an increase of 38.72%. The firm decreased its portfolio allocation in EXC by 99.89% over the last quarter. Td Asset Management holds 997K shares representing 0.10% ownership of the company. In it's prior filing, the firm reported owning 1,269K shares, representing a decrease of 27.27%. The firm decreased its portfolio allocation in EXC by 45.19% over the last quarter. Sumitomo Life Insurance holds 20K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 20K shares, representing a decrease of 0.83%. The firm decreased its portfolio allocation in EXC by 99.80% over the last quarter. Brighthouse Funds Trust I - AQR Global Risk Balanced Portfolio Class B holds 14K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 13K shares, representing an increase of 10.12%. The firm increased its portfolio allocation in EXC by 27.94% over the last quarter. What is the Fund Sentiment? There are 1992 funds or institutions reporting positions in Exelon. This is a decrease of 7 owner(s) or 0.35% in the last quarter. Average portfolio weight of all funds dedicated to EXC is 0.32%, a decrease of 6.55%. Total shares owned by institutions decreased in the last three months by 1.26% to 953,801K shares. The put/call ratio of EXC is 0.34, indicating a bullish outlook. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. See all Exelon regulatory filings. This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-04-21,43.22,43.32,42.83,43.22,
EXC,2023-04-24,43.19,43.62,42.82,43.45,"[""Unusual Call Option Trade in Exelon (EXC) Worth $136.32K On April 24, 2023 at 14:07:25 ET an unusually large $136.32K block of Call contracts in Exelon (EXC) was sold, with a strike price of $45.00 / share, expiring in 25 day(s) (on May 19, 2023). Fintel tracks all large options trades, and the premium spent on this trade was 1.43 sigmas above the mean, placing it in the 89.31th percentile of all recent large trades made in EXC options. This trade was first picked up on Fintel's real time Options Flow tool, where unusual option trades are highlighted. What is the Fund Sentiment? There are 1994 funds or institutions reporting positions in Exelon. This is a decrease of 4 owner(s) or 0.20% in the last quarter. Average portfolio weight of all funds dedicated to EXC is 0.32%, a decrease of 4.63%. Total shares owned by institutions decreased in the last three months by 1.18% to 954,489K shares. The put/call ratio of EXC is 0.34, indicating a bullish outlook. Analyst Price Forecast Suggests 8.83% Upside As of April 24, 2023, the average one-year price target for Exelon is $47.04. The forecasts range from a low of $44.44 to a high of $51.45. The average price target represents an increase of 8.83% from its latest reported closing price of $43.22. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Exelon is $19,564MM, an increase of 2.55%. The projected annual non-GAAP EPS is $2.39. What are Other Shareholders Doing? Securian Funds Trust - SFT Index 500 Fund Class 1 holds 30K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 30K shares, representing an increase of 0.89%. The firm increased its portfolio allocation in EXC by 8.86% over the last quarter. Aviva holds 448K shares representing 0.05% ownership of the company. In it's prior filing, the firm reported owning 412K shares, representing an increase of 7.99%. The firm increased its portfolio allocation in EXC by 7.02% over the last quarter. Proficio Capital Partners holds 111K shares representing 0.01% ownership of the company. In it's prior filing, the firm reported owning 0K shares, representing an increase of 100.00%. Kepos Capital holds 8K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 10K shares, representing a decrease of 19.08%. The firm increased its portfolio allocation in EXC by 14.37% over the last quarter. Gabelli Funds holds 386K shares representing 0.04% ownership of the company. In it's prior filing, the firm reported owning 386K shares, representing an increase of 0.13%. The firm increased its portfolio allocation in EXC by 8.92% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. See all Exelon regulatory filings. This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Utility Stocks to Invest in for a Stable Portfolio Volatility has reappeared on Wall Street following market participants concerns about a recession in late 2023. Last week was disappointing for Wall Street. The three major stock indexes \u2014 the Dow, the S&P 500 and the Nasdaq Composite \u2014 fell 0.2%, 0.1% and 0.4%, respectively. The blue-chip index ended a four-week winning streak. Fears of a near-term economic downturn dented investors\u2019 confidence in risky assets like equities. Wall Street is currently in a \u201cCatch 22 Situation.\u201d Weak economic and earnings data will indicate that the Fed\u2019s aggressive interest rate hike policy for more than a year has started giving fruitful results. On the other hand, this will also indicate a slowdown in economic activities. In the March FOMC statement, Fed Chairman Jerome Powell also warned of a recession in late 2023. At this stage, it should be prudent to invest in defensive stocks like utilities with a favorable Zacks Rank to strengthen your portfolio. Utilities Immune to Vagaries of Economic Cycle The Utilities sector is mature and fundamentally strong as demand for such services is generally immune to the changes in the economic cycle. Such companies provide basic services like electricity, gas, water and telecommunications, which can never go out of demand. Consequently, adding stocks from the utility basket usually lends more stability to a portfolio in an uncertain market condition. Moreover, the sector is known for the stability and visibility of its earnings and cash flows. Stable earnings enable utilities to pay out consistent dividends that make them more attractive to income-oriented investors. Utility companies enjoy a reputation for being safe given the regulated nature of their business. This lends their revenues a high level of certainty. These companies also benefit from the domestic orientation of their business, which shields them from foreign currency translation issues. Additionally, utilities are generally low-beta stocks (beta >0 but <1). At this stage, investment in low-beta stocks with a high dividend yield and a favorable Zacks Rank may be the best option. If the market\u2019s northbound journey is reestablished, the favorable Zacks Rank of these stocks will capture the upside potential. However, if the market\u2019s downturn continues, low-beta stocks will minimize portfolio losses and dividend payments will act as a regular income stream. Our Top Picks We have narrowed our search to five low-beta utility stocks that are regular dividend payers. These stocks have seen positive earnings estimate revisions within the last 60 days. Each of our picks carries a Zacks Rank #2 (Buy). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. The chart below shows the price performance of our five picks year to date. Image Source: Zacks Investment Research NiSource Inc. NI expects to invest $40 billion in the long-term utility infrastructure modernization program. The existing capex plans will further enhance the reliability of natural gas and electric operations, and help the company offer efficient services to NI\u2019s expanding customer base. NiSource continues to increase its clean power assets. Moreover, nearly 75% of NI\u2019s investment is recovered within 18 months through rate hikes, providing the necessary funds to carry on infrastructure upgrade projects. NiSource has an expected earnings growth rate of 6.8% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.3% over the last 60 days. NI has a beta of 0.47 and a current dividend yield of 3.49%. New Jersey Resources Corp. NJR is an energy services holding company that provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. New Jersey Resources has an expected earnings growth rate of 5.2% for the current year (ending September 2023). The Zacks Consensus Estimate for current-year earnings has improved 3.1% over the last 60 days. NJR has a beta of 0.65 and a current dividend yield of 2.93%. Atmos Energy Corp. ATO continues to benefit from rising demand from its expanding customer base. ATO is planning to invest in the range of $13-$14 billion from fiscal 2022-2026 to increase the reliability of its pipelines and serve customers efficiently. Returns within a year of capital investment continue to boost Atmos Energy\u2019s performance and allow it to pay regular dividends. ATO has enough liquidity to meet near-term debt obligations. Atmos Energy has an expected earnings growth rate of 7.1% for the current year (ending September 2023). The Zacks Consensus Estimate for current-year earnings has improved 0.2% over the last 60 days. ATO has a beta of 0.62 and a current dividend yield of 2.57%. Exelon Corp. EXC owns and operates transmission and distribution pipelines and provides efficient services to more than 10 million customers. EXC\u2019s long-term investments of $31 billion in grid modernization will improve the resilience of its system. EXC\u2019s stable cash flow will allow it to pay stable dividends. Revenue decoupling mitigates the impact of load fluctuation and its cost-saving initiatives boost margins. Our model projects an increase in the total revenues in 2023-2025 period. Exelon has an expected earnings growth rate of 4% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.4% over the last seven days. EXC has a beta of 0.61 and a current dividend yield of 3.33%. Spire Inc. SR invests systematically to enhance the reliability of operations and efficiently serve an expanding customer base. SR is inclined toward utilizing technologies for advancing operations to improve its service and reduce costs. SR plans to lower methane emissions by 73% within 2035 from the 2005 levels. Spire has an expected earnings growth rate of 9.1% for the current year (ending September 2023). The Zacks Consensus Estimate for current-year earnings has improved 0.7% over the last 60 days. SR has a beta of 0.49 and a current dividend yield of 4.12%. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NiSource, Inc (NI) : Free Stock Analysis Report Atmos Energy Corporation (ATO) : Free Stock Analysis Report Spire Inc. (SR) : Free Stock Analysis Report NewJersey Resources Corporation (NJR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-04-25,43.3,43.71,43.3,43.61,"[""Guru Fundamental Report for EXC Below is Validea's guru fundamental report for EXELON CORP (EXC). Of the 22 guru strategies we follow, EXC rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown. EXELON CORP (EXC) is a large-cap growth stock in the Electric Utilities industry. The rating using this strategy is 75% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. UNIVERSE: PASS NET PAYOUT YIELD: FAIL QUALITY AND DEBT: PASS VALUATION: PASS RELATIVE STRENGTH: PASS SHAREHOLDER YIELD: FAIL Detailed Analysis of EXELON CORP EXC Guru Analysis EXC Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book \""Shareholder Yield\"" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics. Additional Research Links Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Southern Company (SO) Invests $5M in E-Mobility Initiatives Southern Company\u2019s SO electric subsidiary, Georgia Power, one of the largest electric utilities in the United States, recently made a historic move. It invested $5 million in the University of Georgia's College of Engineering to support e-mobility initiatives. This is the largest single investment in the college's history and will fund programs and opportunities related to electric transportation, including cars, bicycles and aircraft. The amount will be distributed across four areas \u2014 Cultivation of an E-Mobility Network, E-Mobility Scholarships, E-Mobility Research, and E-Mobility Community Partnerships. The state of Georgia has experienced substantial growth in the e-mobility sector in recent years. The $5 million investment is part of Southern Company\u2019s commitment to advancing this growth. This funding will support the university's Certificate in E-Mobility program and facilitate access of underrepresented and underserved communities to e-mobility services. It will also fund research on battery technology and design, and help explore strategic partnerships with other academic institutions across Georgia. The E-Mobility Network will bring together stakeholders across the state to identify investment opportunities in the e-mobility sector. The idea is to facilitate partnerships between academic institutions, government agencies and private sectors to accelerate the growth of e-mobility. The E-Mobility Scholarships initiative will provide financial support to students pursuing career in the e-mobility sector. The scholarship will be awarded to students who demonstrate a strong commitment to e-mobility and have a promising future in their academic and professional pursuits. The E-Mobility Research initiative will support research on critical topics related to e-mobility, such as battery charging infrastructure and the development of new technologies. This research will help advance the e-mobility sector and make Georgia a leader in the development and deployment of new e-mobility products. In April 2022, Southern Company donated $250,000 to create the Georgia Power Electric Mobility Distinguished Professorship, an endowed faculty position in the College of Engineering. This donation is part of the company\u2019s ongoing partnership with the state to attract and retain businesses in Georgia. According to the Georgia Department of Economic Development, 35 electric-vehicle-related projects have committed more than $23 billion in realized or planned investments in the state since 2018. This made Georgia an e-mobility hub in the United States. Southern Company\u2019s contribution will further strengthen its position in the aforementioned sector. Zacks Rank and Key Picks Southern Company is an American utility firm that provides electricity to customers across southern United States. It is one of the country's largest energy companies, focusing on clean energy and sustainability. Currently, SO carries a Zacks Rank #3 (Hold). Investors interested in the utility sector might look at some better-ranked stocks like MYR Group MYRG, E.ON EONGY, each sporting a Zacks Rank #1 (Strong Buy), and Exelon EXC, holding a Zacks Rank #2 (Buy) at present. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. MYR Group: The company is worth approximately $2.00 billion. Its shares have increased 37% in the past year. MYR Group is a holding company of specialty contractors, providing comprehensive electrical infrastructure services in Canada and the U.S. It offers design, engineering, procurement, construction, upgrade, maintenance, and repair services for transmission and distribution networks, and substation facilities of any size and type. E.ON: The company is valued at around $32.91 billion. In the past year, its shares have increased 9.1%. EONGY is the world's largest investor-owned energy service provider with operations in the following businesses: energy, chemicals, real estate, oil, telecommunications, distribution/logistics, aluminum and silicon wafers. Exelon: The company is valued at around $42.97 billion. It currently pays $1.44 per share to its investors. EXC delivered an average earnings surprise of 6.60% for the last four quarters and its current dividend yield is 3.33%. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Southern Company (The) (SO) : Free Stock Analysis Report MYR Group, Inc. (MYRG) : Free Stock Analysis Report E.ON SE (EONGY) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-04-26,43.32,43.54,42.61,42.79,"[""Exelon (EXC) Declares $0.36 Dividend Exelon said on April 25, 2023 that its board of directors declared a regular quarterly dividend of $0.36 per share ($1.44 annualized). Previously, the company paid $0.36 per share. Shares must be purchased before the ex-div date of May 12, 2023 to qualify for the dividend. Shareholders of record as of May 15, 2023 will receive the payment on June 9, 2023. At the current share price of $42.77 / share, the stock's dividend yield is 3.37%. Looking back five years and taking a sample every week, the average dividend yield has been 4.28%, the lowest has been 2.64%, and the highest has been 7.16%. The standard deviation of yields is 0.92 (n=236). The current dividend yield is 0.99 standard deviations below the historical average. Additionally, the company's dividend payout ratio is 0.66. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5. The company's 3-Year dividend growth rate is -0.06%. Learn to Harvest Dividends Buy Stock. Capture Dividend. Sell Stock. Repeat. This is the essence of dividend harvesting and you can do it easily with Fintel's Dividend Capture Calendar. What is the Fund Sentiment? There are 2000 funds or institutions reporting positions in Exelon. This is a decrease of 7 owner(s) or 0.35% in the last quarter. Average portfolio weight of all funds dedicated to EXC is 0.32%, a decrease of 5.57%. Total shares owned by institutions decreased in the last three months by 0.21% to 962,798K shares. The put/call ratio of EXC is 0.28, indicating a bullish outlook. Analyst Price Forecast Suggests 9.98% Upside As of April 24, 2023, the average one-year price target for Exelon is 47.04. The forecasts range from a low of 44.44 to a high of $51.45. The average price target represents an increase of 9.98% from its latest reported closing price of 42.77. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Exelon is 19,564MM, an increase of 2.55%. The projected annual non-GAAP EPS is 2.39. What are Other Shareholders Doing? Wellington Management Group Llp holds 96,329K shares representing 9.69% ownership of the company. In it's prior filing, the firm reported owning 90,928K shares, representing an increase of 5.61%. The firm increased its portfolio allocation in EXC by 15.09% over the last quarter. GQG Partners holds 33,249K shares representing 3.34% ownership of the company. In it's prior filing, the firm reported owning 21,363K shares, representing an increase of 35.75%. The firm increased its portfolio allocation in EXC by 68.08% over the last quarter. Bank of New York Mellon holds 30,194K shares representing 3.04% ownership of the company. In it's prior filing, the firm reported owning 32,895K shares, representing a decrease of 8.94%. The firm decreased its portfolio allocation in EXC by 0.34% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 30,146K shares representing 3.03% ownership of the company. In it's prior filing, the firm reported owning 29,553K shares, representing an increase of 1.97%. The firm increased its portfolio allocation in EXC by 8.71% over the last quarter. VWELX - VANGUARD WELLINGTON FUND Investor Shares holds 27,112K shares representing 2.73% ownership of the company. In it's prior filing, the firm reported owning 27,562K shares, representing a decrease of 1.66%. The firm decreased its portfolio allocation in EXC by 8.11% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Reports Next Week: Wall Street Expects Earnings Growth The market expects Exelon (EXC) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 3. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on theearnings callwill mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate This energy company is expected to post quarterly earnings of $0.66 per share in its upcoming report, which represents a year-over-year change of +3.1%. Revenues are expected to be $5.53 billion, up 3.8% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 2.86% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for Exelon? For Exelon, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%. On the other hand, the stock currently carries a Zacks Rank of #2. So, this combination makes it difficult to conclusively predict that Exelon will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Exelon would post earnings of $0.43 per share when it actually produced earnings of $0.43, delivering no surprise. Over the last four quarters, the company has beaten consensus EPS estimates just once. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Exelon doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. An Industry Player's Expected Results WEC Energy Group (WEC), another stock in the Zacks Utility - Electric Power industry, is expected to report earnings per share of $1.59 for the quarter ended March 2023. This estimate points to a year-over-year change of -11.2%. Revenues for the quarter are expected to be $2.9 billion, down 0.3% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for WEC Energy has been revised 17.8% up to the current level. Nevertheless, the company now has an Earnings ESP of 0.00%, reflecting an equal Most Accurate Estimate. This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that WEC Energy will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report WEC Energy Group, Inc. (WEC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""AVANGRID's (AGR) Q1 Earnings Lag Estimates, Revenues Beat AVANGRID, Inc. AGR reported first-quarter 2023 earnings of 64 cents per share, which missed the Zacks Consensus Estimate of 76 cents by 15.8%. The bottom line also declined 44.8% from the year-ago quarter\u2019s figure of $1.16 per share. GAAP earnings were 63 cents per share, down 45.2% from $1.15 per share recorded in the prior-year period. Total Revenues Total operating revenues were $2,466 million, which beat the Zacks Consensus Estimate of $2,260 million by 9.1%. The top line also increased 15.6% from $2,133 million reported in the comparable period of 2022. Avangrid, Inc. Price, Consensus and EPS Surprise Avangrid, Inc. price-consensus-eps-surprise-chart | Avangrid, Inc. Quote Highlights of the Release Total operating expenses were $2,201 million, up 20.2% from the year-ago quarter\u2019s recorded figure of $1,831 million. This increase was due to higher purchase power costs and a surge in operations and maintenance expenses. Operating income was $265 million, down 12.3% from $302 million reported in the prior-year quarter. Net income totaled $215 million, down 49.6% from $427 million recorded in the comparable period of 2022. The merger agreement with PNM Resources has been further extended to Jul 20, 2023. Segmental Details Networks\u2019 adjusted net income was $195 million, down 23.2% from $254 million reported in the year-ago quarter. Renewables\u2019 net income was $51 million, down 75.8% from $211 million recorded in the prior-year quarter. Corporate and Others\u2019 net income was $1 million against a loss of $15 million in the year-ago period. Guidance AVANGRID reaffirmed the 2023 adjusted net income and EPS guided range at $850-$910 million and $2.20-$2.35, respectively, taking into consideration 386.7 million average shares outstanding. The Zacks Consensus Estimate for earnings is pegged at $2.24 per share, which is lower than the mid-point of the company\u2019s guided range. Zacks Rank AVANGRID currently carries a Zacks Rank #3 (Hold). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Upcoming Releases FirstEnergy Corporation FE is slated to report first-quarter results on Apr 27, after market close. The Zacks Consensus Estimate for first-quarter earnings is pegged at 61 cents per share, implying a year-over-year increase of 1.67%. FE\u2019s long-term (three to five years) earnings growth is currently pinned at 6.45%. The consensus mark for 2023 earnings per share (EPS) stands at $2.51, indicating a year-over-year improvement of 4.15%. Exelon Corporation EXC is slated to report first-quarter results on May 3, before market open. The Zacks Consensus Estimate for first-quarter earnings is pegged at 67 cents per share, implying a year-over-year increase of 4.7%. EXC\u2019s long-term earnings growth is currently pinned at 6.68%. The consensus estimate for 2023 EPS stands at $2.36, indicating a year-over-year improvement of 3.96%. Duke Energy DUK is scheduled to report first-quarter results on May 9, before market open. The Zacks Consensus Estimate for first-quarter earnings is pegged at $1.31 per share, indicating a year-over-year increase of 0.77%. DUK\u2019s long-term earnings growth is currently pinned at 6.18%. The consensus mark for 2023 EPS stands at $5.61, implying a year-over-year improvement of 6.45%. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report FirstEnergy Corporation (FE) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report Avangrid, Inc. (AGR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-04-27,42.92,43.27,42.63,42.78,"[""Xcel Energy (XEL) Q1 Earnings & Revenues Beat Estimates Xcel Energy Inc. XEL reported first-quarter 2023 operating earnings of 76 cents per share, which beat the Zacks Consensus Estimate of 74 cents by 2.7%. The bottom line also improved 8.6% from the year-ago quarter\u2019s 70 cents per share. Total Revenues The company\u2019s revenues of $4,080 million beat the Zacks Consensus Estimate of $3,852 million by 5.9%. The same improved 8.8% from the year-ago quarter\u2019s $3,751 million. The year-over-year improvement was due to strong performances in all segments. Xcel Energy Inc. Price, Consensus and EPS Surprise Xcel Energy Inc. price-consensus-eps-surprise-chart | Xcel Energy Inc. Quote Segmental Results Electric: This segment\u2019s revenues totaled $2,763 million, up 4.9% from $2,633 million in the year-ago quarter. Natural Gas: Revenues in this segment improved 18.2% to $1,288 million from $1,090 million in the year-ago quarter. Other: This segment\u2019s revenues increased 3.6% to $29 million from $28 million in the prior-year period. Highlights of the Release Total operating expenses increased 8.2% year over year to $3,507 million. This was primarily due to higher operating and maintenance expenses, rising electric fuel and purchased power costs, and the increased cost of natural gas sold and transported. Operating income increased 12.3% to $573 million from the prior-year quarter\u2019s reading. Total interest charges and financing costs rose 16.3% to $243 million from the prior-year quarter\u2019s reported figure. Guidance Xcel Energy reaffirmed its 2023 EPS guidance of $3.30-$3.40. The Zacks Consensus Estimate for the same stands at $3.37, higher than the mid-point of the company\u2019s guidance. It expects to invest $29.5 billion during 2023-2027. More than 60% of the planned capital expenditure will be directed toward strengthening its electric transmission and distribution network. Zacks Rank Xcel Energy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Upcoming Releases Eversource Energy ES is set to release first-quarter 2023 results on May 3, after market close. The Zacks Consensus Estimate for earnings is pegged at $1.36 per share, implying a year-over-year increase of 4.62%. Eversource Energy\u2019s long-term (three- to five-year) earnings growth is projected at 6.34%. The consensus estimate for 2023 EPS stands at $4.36, indicating a year-over-year improvement of 6.6%. Exelon Corporation EXC is slated to report first-quarter results on May 3, before market open. The Zacks Consensus Estimate for earnings is pegged at 67 cents per share, implying a year-over-year increase of 4.7%. EXC\u2019s long-term earnings growth is expected to be 6.68%. The consensus estimate for 2023 EPS stands at $2.36, indicating a year-over-year improvement of 3.96%. Duke Energy DUK is scheduled to report first-quarter results on May 9, before market open. The Zacks Consensus Estimate for earnings is pegged at $1.31 per share, indicating a year-over-year increase of 0.77%. DUK\u2019s long-term earnings growth is anticipated to be 6.18%. The consensus mark for 2023 EPS stands at $5.61, implying a year-over-year improvement of 6.45%. Top 5 ChatGPT Stocks Revealed Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. Today you can invest in the wave of the future, an automation that answers follow-up questions \u2026 admits mistakes \u2026 challenges incorrect premises \u2026 rejects inappropriate requests. As one of the selected companies puts it, \u201cAutomation frees people from the mundane so they can accomplish the miraculous.\u201d Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Xcel Energy Inc. (XEL) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report Eversource Energy (ES) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Earnings Preview: PG&E (PCG) Q1 Earnings Expected to Decline The market expects PG&E (PCG) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on May 4, 2023, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on theearnings call it's worth handicapping the probability of a positive EPS surprise. Zacks Consensus Estimate This utility holding company is expected to post quarterly earnings of $0.29 per share in its upcoming report, which represents a year-over-year change of -3.3%. Revenues are expected to be $6.17 billion, up 6.5% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 3.09% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for PG&E? For PG&E, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +6.90%. On the other hand, the stock currently carries a Zacks Rank of #4. So, this combination makes it difficult to conclusively predict that PG&E will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that PG&E would post earnings of $0.28 per share when it actually produced earnings of $0.26, delivering a surprise of -7.14%. Over the last four quarters, the company has beaten consensus EPS estimates two times. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. PG&E doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. An Industry Player's Expected Results Another stock from the Zacks Utility - Electric Power industry, Exelon (EXC), is soon expected to post earnings of $0.66 per share for the quarter ended March 2023. This estimate indicates a year-over-year change of +3.1%. Revenues for the quarter are expected to be $5.52 billion, up 3.6% from the year-ago quarter. The consensus EPS estimate for Exelon has been revised 2.9% higher over the last 30 days to the current level. However, an equal Most Accurate Estimate has resulted in an Earnings ESP of 0.00%. This Earnings ESP, combined with its Zacks Rank #2 (Buy), makes it difficult to conclusively predict that Exelon will beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Top 5 ChatGPT Stocks Revealed Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. Today you can invest in the wave of the future, an automation that answers follow-up questions \u2026 admits mistakes \u2026 challenges incorrect premises \u2026 rejects inappropriate requests. As one of the selected companies puts it, \u201cAutomation frees people from the mundane so they can accomplish the miraculous.\u201d Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pacific Gas & Electric Co. (PCG) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""3 Top-Ranked Dividend Stocks: A Smarter Way to Boost Your Retirement Income Believe it or not, seniors fear running out of cash more than they fear dying. And unfortunately, even retirees who have built a nest egg have good reason to be concerned - with the traditional approaches to retirement planning, income may no longer cover expenses. That means retirees are dipping into principal to make ends meet, setting up a race against time between dwindling investment balances and longer lifespans. Your parents' retirement investing plan won't cut it today. For many years, bonds or other fixed-income assets could produce the yield needed to provide solid income for retirement needs. However, these yields have dwindled over time: 10-year Treasury bond rates in the late 1990s were around 6.50%, but today, that rate is a thing of the past, with a slim likelihood of rates making a comeback in the foreseeable future. The effect of this drop in rates is substantial: over 20 years, the change in yield for a $1 million investment in 10-year Treasuries is over $1 million. In addition to the considerable drop in bond yields, today's retirees are nervous about their future Social Security benefits. Because of certain demographic factors, it's been estimated that the funds that pay the Social Security benefits will run out of money in 2035. So what's a retiree to do? You could cut your expenses to the bone, and take the risk that your Social Security checks don't shrink. Or you could find an alternative investment that provides a steady, higher-rate income stream to replace dwindling bond yields. Invest in Dividend Stocks Dividend-paying stocks from low-risk, high-quality companies are a smart way to generate steady and reliable attractive income streams to replace low risk, low yielding Treasury and bond options. Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend growth. Many stocks increase dividends over time, helping to offset the effects of inflation. Here are three dividend-paying stocks retirees should consider for their nest egg portfolio. Associated Banc-Corp (ASB) is currently shelling out a dividend of $0.21 per share, with a dividend yield of 4.81%. This compares to the Banks - Midwest industry's yield of 3.57% and the S&P 500's yield of 1.75%. The company's annualized dividend growth in the past year was 5%. Check Associated Banc-Corp (ASB) dividend history here>>> Exelon (EXC) is paying out a dividend of $0.36 per share at the moment, with a dividend yield of 3.37% compared to the Utility - Electric Power industry's yield of 3.09% and the S&P 500's yield. The annualized dividend growth of the company was 6.67% over the past year. Check Exelon (EXC) dividend history here>>> Currently paying a dividend of $0.39 per share, New Jersey Resources (NJR) has a dividend yield of 3.05%. This is compared to the Utility - Gas Distribution industry's yield of 3.08% and the S&P 500's current yield. Annualized dividend growth for the company in the past year was 7.59%. Check New Jersey Resources (NJR) dividend history here>>> But aren't stocks generally more risky than bonds? It is true that stocks, as an asset class, carry more risk than bonds, but high-quality dividend stocks not only have the ability to produce income growth over time but more importantly, can also reduce your overall portfolio volatility relative to the broader stock market. An upside to adding dividend stocks to your retirement portfolio: they can help lessen the effects of inflation, since many dividend-paying companies (especially blue chip stocks) generally increase their dividends over time. Thinking about dividend-focused mutual funds or ETFs? Watch out for fees. If you prefer investing in funds or ETFs compared to individual stocks, you can still pursue a dividend income strategy. However, it's important to know the fees charged by each fund or ETF, which can ultimately reduce your dividend income, working against your strategy. Do your homework and make sure you know the fees charged by any fund before you invest. Bottom Line Seeking steady, consistent income through dividends can be a smart option for financial security in retirement, whether you invest in mutual funds, ETFs, or in dividend-paying stocks. Top 5 ChatGPT Stocks Revealed Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. Today you can invest in the wave of the future, an automation that answers follow-up questions \u2026 admits mistakes \u2026 challenges incorrect premises \u2026 rejects inappropriate requests. As one of the selected companies puts it, \u201cAutomation frees people from the mundane so they can accomplish the miraculous.\u201d Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Associated Banc-Corp (ASB) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report NewJersey Resources Corporation (NJR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-04-28,42.78,43.03,42.37,42.44,"[""After Hours Most Active for Apr 28, 2023 : CTKB, EXC, BAC, PFE, TLT, AMZN, AAPL, FRC, BABA, XOM, COP, GOOGL The NASDAQ 100 After Hours Indicator is down -8.93 to 13,237.06. The total After hours volume is currently 100,003,012 shares traded. The following are the most active stocks for the after hours session: Cytek Biosciences, Inc. (CTKB) is -0.16 at $11.32, with 6,906,159 shares traded. As reported in the last short interest update the days to cover for CTKB is 10.118108; this calculation is based on the average trading volume of the stock. Exelon Corporation (EXC) is unchanged at $42.44, with 3,449,712 shares traded.EXC is scheduled to provide an earnings report on 5/3/2023, for the fiscal quarter ending Mar2023. The consensus earnings per share forecast is 0.66 per share, which represents a 64 percent increase over the EPS one Year Ago Bank of America Corporation (BAC) is unchanged at $29.28, with 2,961,039 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2023. The consensus EPS forecast is $0.82. BAC's current last sale is 82.48% of the target price of $35.5. Pfizer, Inc. (PFE) is unchanged at $38.89, with 2,930,279 shares traded.PFE is scheduled to provide an earnings report on 5/2/2023, for the fiscal quarter ending Mar2023. The consensus earnings per share forecast is 1 per share, which represents a 162 percent increase over the EPS one Year Ago iShares 20+ Year Treasury Bond ETF (TLT) is -0.18 at $106.28, with 2,833,782 shares traded. This represents a 15.71% increase from its 52 Week Low. Amazon.com, Inc. (AMZN) is -0.19 at $105.26, with 2,733,603 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2023. The consensus EPS forecast is $0.28. As reported by Zacks, the current mean recommendation for AMZN is in the \""buy range\"". Apple Inc. (AAPL) is -0.17 at $169.51, with 2,472,493 shares traded.AAPL is scheduled to provide an earnings report on 5/4/2023, for the fiscal quarter ending Mar2023. The consensus earnings per share forecast is 1.44 per share, which represents a 152 percent increase over the EPS one Year Ago FIRST REPUBLIC BANK (FRC) is -0.51 at $3.00, with 2,311,035 shares traded., following a 52-week high recorded in today's regular session. Alibaba Group Holding Limited (BABA) is -0.0065 at $84.68, with 2,277,801 shares traded. BABA's current last sale is 58.81% of the target price of $144. Exxon Mobil Corporation (XOM) is -0.14 at $118.20, with 2,004,869 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2023. The consensus EPS forecast is $2.65. Smarter Analyst Reports: Report: Exxon Mobil to Exit Russian Operations; Shares Rise 1.4% Pre-Market ConocoPhillips (COP) is unchanged at $102.89, with 1,691,850 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2023. The consensus EPS forecast is $2.81. COP is scheduled to provide an earnings report on 5/4/2023, for the fiscal quarter ending Mar2023. The consensus earnings per share forecast is 2.02 per share, which represents a 327 percent increase over the EPS one Year Ago Alphabet Inc. (GOOGL) is -0.11 at $107.23, with 1,680,284 shares traded. Over the last four weeks they have had 10 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2023. The consensus EPS forecast is $1.32. As reported by Zacks, the current mean recommendation for GOOGL is in the \""buy range\"". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) to Report Q1 Earnings: Here's What to Expect Exelon Corporation EXC is scheduled to release first-quarter 2023 results on May 3, before market open. The company\u2019s prior quarter's earnings were in line with the Zacks Consensus Estimate. Let\u2019s discuss the factors that are likely to get reflected in the upcoming quarterly results. Factors to Consider Exelon\u2019s first-quarter earnings are expected to have benefited from the implementation of new distribution rates at its DPL, ComEd and PECO segments. The bottom line is also likely to have gained from a reduction in volumetric risk as more than 73% of volumes are decoupled. Q1 Expectations The Zacks Consensus Estimate for Exelon\u2019s earnings is pegged at 66 cents per share, indicating a year-over-year increase of 3.13%. The same for revenues is pinned at $5.52 billion, implying a year-over-year improvement of 3.6%. Quantitative Model Predicts Our proven model does not conclusively predict an earnings beat for Exelon this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is not the case here as you will see below. Exelon Corporation Price and EPS Surprise Exelon Corporation price-eps-surprise | Exelon Corporation Quote Earnings ESP: The company\u2019s Earnings ESP is 0.00%. You can uncover the best stocks to buy or sell before they\u2019re reported with our Earnings ESP Filter. Zacks Rank: Currently, Exelon carries a Zacks Rank #3. Stocks to Consider Investors may consider the following players from the same sector that have the right combination of elements to come up with an earnings beat this reporting cycle. PPL Corporation PPL is likely to come up with an earnings beat when it reports first-quarter results on May 4, before market open. It has an Earnings ESP of +7.69% and a Zacks Rank #3 at present. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. PPL\u2019s long-term (three to five years) earnings growth rate is pegged at 7.42%. The Zacks Consensus Estimate for PPL\u2019s earnings is pinned at 42 cents per share, indicating a year-over-year increase of 2.44%. Northwest Natural NWN is likely to come up with an earnings beat when it reports first-quarter results on May 4, before market open. It has an Earnings ESP of +5.46% and a Zacks Rank #3 at present. NWN\u2019s long-term earnings growth rate is pegged at 3.7%. The Zacks Consensus Estimate for the company\u2019s earnings is pinned at $1.93 per share, indicating a year-over-year increase of 7.22%. Brookfield Renewable Partners BEP is likely to come up with an earnings beat when it reports first-quarter results on May 5, before market open. It has an Earnings ESP of +115.39% and a Zacks Rank #3 at present. The bottom-line estimate for BEP is pegged at loss of 13 cents per unit, implying a year-over-year improvement of 18.75%. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report PPL Corporation (PPL) : Free Stock Analysis Report Northwest Natural Gas Company (NWN) : Free Stock Analysis Report Brookfield Renewable Partners L.P. (BEP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""FirstEnergy's (FE) Q1 Earnings Lag Estimates, Revenues Beat FirstEnergy Corporation FE delivered first-quarter 2023 operating earnings per share (EPS) of 60 cents, which missed the Zacks Consensus Estimate of 61 cents by 1.64%. The bottom line was on par with the year-ago quarter\u2019s figure. The company reported GAAP earnings of 51 cents per share, on par with the prior-year quarter EPS. Total Revenues FirstEnergy generated operating revenues of $3,238 million in the first quarter, which surpassed the Zacks Consensus Estimate of $3,174 million by 2%. The top line improved 8.3% from the year-ago quarter\u2019s tally. FirstEnergy Corporation Price, Consensus and EPS Surprise FirstEnergy Corporation price-consensus-eps-surprise-chart | FirstEnergy Corporation Quote Highlights of the Release Electric sales improved 8.3% from the prior-year period, primarily due to improved sales to industrial and commercial customers. Total operating expenses amounted to $2,624 million, up 8.7% from the year-ago quarter\u2019s $2,413 million. Financial Update As of Apr 24, 2023, FE reported a strong balance sheet with available liquidity of approximately $3.9 billion, including cash and cash equivalents of $130 million. Long-term debt and other long-term obligations as of Mar 31, 2023, were $22.1 billion compared with $21.2 billion as of Dec 31, 2022. Net cash used for operating activities was $112 million against $355 million cash provided in the year-ago quarter. Guidance FirstEnergy reaffirmed 2023 earnings guidance in the range of $2.44-$2.64 per share, based on 574 million shares outstanding. The Zacks Consensus Estimate for earnings stands at $2.51 per share, lower than $2.54 per share midpoint of the guided range. It also provided second-quarter total earnings guidance in the range of $230-$285 million, or 40-50 cents per share, based on 573 million shares outstanding. The company reaffirmed its long-term annual operating EPS growth rate of 6-8%. It also reiterated the FFO/debt target of 14-15%. Zacks Rank FirstEnergy currently has a Zacks Rank #3 (Hold). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Upcoming Releases Eversource Energy ES is set to release first-quarter 2023 results on May 3, after market close. The Zacks Consensus Estimate for earnings is pegged at $1.36 per share, implying a year-over-year increase of 4.62%. Eversource Energy\u2019s long-term (three- to five-year) earnings growth rate is projected at 6.34%. The consensus estimate for 2023 EPS stands at $4.36, indicating a year-over-year improvement of 6.6%. Exelon Corporation EXC is slated to report first-quarter results on May 3, before market open. The Zacks Consensus Estimate for earnings is pegged at 66 cents per share, implying a year-over-year increase of 3.13%. EXC\u2019s long-term earnings growth rate is currently pinned at 6.68%. The consensus estimate for 2023 EPS stands at $2.35, indicating a year-over-year improvement of 3.52%. Duke Energy DUK is scheduled to report first-quarter results on May 9, before market open. The Zacks Consensus Estimate for earnings is pegged at $1.31 per share, indicating a year-over-year increase of 0.77%. DUK\u2019s long-term earnings growth rate is currently pinned at 6.18%. The consensus mark for 2023 EPS stands at $5.61, implying a year-over-year improvement of 6.45%. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report FirstEnergy Corporation (FE) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report Eversource Energy (ES) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-05-01,42.45,43.395,42.39,43.18,
EXC,2023-05-02,43.16,43.35,42.38,42.57,
EXC,2023-05-03,42.87,43.23,42.2,42.33,"[""Unusual Call Option Trade in Exelon (EXC) Worth $109.88K On May 3, 2023 at 10:03:11 ET an unusually large $109.88K block of Call contracts in Exelon (EXC) was sold, with a strike price of $43.00 / share, expiring in 44 day(s) (on June 16, 2023). Fintel tracks all large options trades, and the premium spent on this trade was 1.38 sigmas above the mean, placing it in the 90.56th percentile of all recent large trades made in EXC options. This trade was first picked up on Fintel's real time Options Flow tool, where unusual option trades are highlighted. What is the Fund Sentiment? There are 1986 funds or institutions reporting positions in Exelon. This is a decrease of 21 owner(s) or 1.05% in the last quarter. Average portfolio weight of all funds dedicated to EXC is 0.32%, a decrease of 4.88%. Total shares owned by institutions decreased in the last three months by 0.14% to 961,293K shares. The put/call ratio of EXC is 0.30, indicating a bullish outlook. Analyst Price Forecast Suggests 10.49% Upside As of April 24, 2023, the average one-year price target for Exelon is $47.04. The forecasts range from a low of $44.44 to a high of $51.45. The average price target represents an increase of 10.49% from its latest reported closing price of $42.57. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Exelon is $19,564MM, an increase of 2.55%. The projected annual non-GAAP EPS is $2.39. What are Other Shareholders Doing? SA FUNDS INVESTMENT TRUST - SA U.S. Core Market Fund holds 16K shares representing 0.00% ownership of the company. No change in the last quarter. Schechter Investment Advisors holds 5K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 5K shares, representing a decrease of 1.61%. The firm decreased its portfolio allocation in EXC by 12.98% over the last quarter. Lindbrook Capital holds 2K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 2K shares, representing a decrease of 34.98%. The firm decreased its portfolio allocation in EXC by 31.68% over the last quarter. JSFBX - John Hancock Seaport Long holds 106K shares representing 0.01% ownership of the company. In it's prior filing, the firm reported owning 148K shares, representing a decrease of 39.55%. The firm decreased its portfolio allocation in EXC by 20.89% over the last quarter. Lantz Financial holds 12K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 12K shares, representing a decrease of 2.02%. The firm increased its portfolio allocation in EXC by 86,750.40% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. See all Exelon regulatory filings. This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Q1 Earnings & Sales Beat Estimates, Rise Y/Y Exelon Corporation\u2019s EXC first-quarter 2023 earnings of 70 cents per share surpassed the Zacks Consensus Estimate of 66 cents by 6.1%. The earnings of the company improved 9.4% from the year-ago level. On a GAAP basis, first-quarter earnings were 67 cents per share compared with 49 cents in the year-ago quarter. Total Revenues Exelon's first-quarter total revenues of $5,563 million surpassed the Zacks Consensus Estimate of $5,519 million by 0.8%. The top line was 4.4% higher than the year-ago figure of $5,327 million. Exelon Corporation Price, Consensus and EPS Surprise Exelon Corporation price-consensus-eps-surprise-chart | Exelon Corporation Quote Highlights of the Release Exelon's first-quarter total operating expenses increased 0.7% year over year to $4.46 billion. The increase was due to higher power and fuel prices. Operating income was $1,106 million, up 22.9% year over year. Interest expenses totaled $412 million, up 21.9% from the year-ago quarter. Financial Highlights Cash and cash equivalents were $522 million as of Mar 31, 2023 compared with $407 million as of Dec 31, 2022. Long-term debt was $38,732 million as of Mar 31, 2023 compared with $35,272 million as of Dec 31, 2022. Cash provided by operating activities during the first three months of 2023 was $484 million compared with $1,782 million in the corresponding period of 2022. Guidance Exelon reiterated 2023 earnings guidance in the range of $2.30-$2.42 per share. The midpoint of the guided range is $2.36, which is higher than the Zacks Consensus Estimate of $2.35 per share for the same period. The company reaffirmed 6-8% long-term earnings per share growth for the 2022-2026 time period. Exelon expects its capital expenditure for the 2023-2026 time period to be $31.3 billion to meet customer requirements and further strengthen its transmission and distribution operations. Zacks Rank Exelon has a Zacks Rank #3 (Hold) at present. You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Other Releases NextEra Energy, Inc. NEE released first-quarter 2023 adjusted earnings of 84 cents per share, which beat the Zacks Consensus Estimate of 75 cents by 12%. The Zacks Consensus Estimate for NEE\u2019s 2023 earnings per share is $3.11, implying year-over-year growth of 7.3%. Entergy Corporation ETR reported first-quarter 2023 earnings of $1.14 per share, missing the Zacks Consensus Estimate of $1.34 by 14.9%. The Zacks Consensus Estimate for ETR\u2019s 2023 earnings per share is $6.69, implying year-over-year growth of 4.2%. Xcel Energy Inc. XEL reported first-quarter 2023 operating earnings of 76 cents per share, which beat the Zacks Consensus Estimate of 74 cents by 2.7%. The Zacks Consensus Estimate for XEL\u2019s 2023 earnings per share is $3.37, suggesting year-over-year growth of 6.31%. The New Gold Rush: How Lithium Batteries Will Make Millionaires As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. Download the brand-new FREE report revealing 5 EV battery stocks set to soar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Xcel Energy Inc. (XEL) : Free Stock Analysis Report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report Entergy Corporation (ETR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""3 Top Dividend Stocks to Maximize Your Retirement Income Here's a revealing data point: older Americans are scared more of outliving wealth than of death itself. And older Americans have legitimate reasons for this worry, even if they have dutifully saved for their golden years. That's because the traditional ways people manage retirement may no longer provide enough income to meet expenses - and with people generally living longer, the principal retirement savings is exhausted far too early in the retirement period. The tried-and-true retirement investing approach of yesterday doesn't work today. Years ago, investors at or close to retirement could put money into fixed-income assets and depend on appealing yields to generate consistent, solid pay streams to fund a comfortable retirement. 10-year Treasury bond rates in the late 1990s floated around 6.50%, but unfortunately, those days of being able to exclusively rely on Treasury yields to fund retirement income are over. The impact of this rate decline is sizable: over 20 years, the difference in yield for a $1 million investment in 10-year Treasuries is more than $1 million. Today's retirees are getting hit hard by reduced bond yields - and the Social Security picture isn't too rosy either. Right now and for the near future, Social Security benefits are still being paid, but it has been estimated that the Social Security funds will be depleted as soon as 2035. How can you avoid dipping into your principal when the investments you counted on in retirement aren't producing income? You can only cut your expenses so far, and the only other option is to find a different investment vehicle to generate income. Invest in Dividend Stocks We feel that these dividend-paying equities - as long as they are from high-quality, low-risk issuers - can give retirement investors a smart option to replace low-yielding Treasury bonds (or other bonds). Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. One approach to recognizing appropriate stocks is to look for companies with an average dividend yield of 3% and positive average annual dividend growth. Numerous stocks hike dividends over time, counterbalancing inflation risks. Here are three dividend-paying stocks retirees should consider for their nest egg portfolio. Exelon (EXC) is currently shelling out a dividend of $0.36 per share, with a dividend yield of 3.38%. This compares to the Utility - Electric Power industry's yield of 3.12% and the S&P 500's yield of 1.73%. The company's annualized dividend growth in the past year was 6.67%. Check Exelon (EXC) dividend history here>>> H&R Block (HRB) is paying out a dividend of $0.29 per share at the moment, with a dividend yield of 3.51% compared to the Consumer Services - Miscellaneous industry's yield of 0% and the S&P 500's yield. The annualized dividend growth of the company was 7.41% over the past year. Check H&R Block (HRB) dividend history here>>> Currently paying a dividend of $0.52 per share, MetLife (MET) has a dividend yield of 3.37%. This is compared to the Insurance - Multi line industry's yield of 2.15% and the S&P 500's current yield. Annualized dividend growth for the company in the past year was 4.17%. Check MetLife (MET) dividend history here>>> But aren't stocks generally more risky than bonds? Yes, that's true. As a broad category, bonds carry less risk than stocks. However, the stocks we are talking about - dividend -paying stocks from high-quality companies - can generate income over time and also mitigate the overall volatility of your portfolio compared to the stock market as a whole. An advantage of owning dividend stocks for your retirement nest egg is that numerous companies, particularly blue chip stocks, raise their dividends over time, helping alleviate the impact of inflation on your potential retirement income. Thinking about dividend-focused mutual funds or ETFs? Watch out for fees. If you're interested in investing in dividends, but are thinking about mutual funds or ETFs rather than stocks, beware of fees. Mutual funds and specialized ETFs may carry high fees, which could lower the overall gains you earn from dividends, undercutting your dividend income strategy. Be sure to look for funds with low fees if you decide on this approach. Bottom Line Regardless of whether you select high-quality, low-fee funds or stocks, looking for a steady stream of income from dividend-paying equities can potentially lead you to a solid and more peaceful retirement. The New Gold Rush: How Lithium Batteries Will Make Millionaires As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. Download the brand-new FREE report revealing 5 EV battery stocks set to soar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report MetLife, Inc. (MET) : Free Stock Analysis Report H&R Block, Inc. (HRB) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon beats profit estimates on customer additions, higher prices May 3 (Reuters) - Exelon Corp EXC.O beat first-quarter profit estimates on Wednesday, as the U.S. electric and gas utility company benefited from customer additions and higher prices. The company's adjusted net income was 70 cents per share for the quarter ended March 31, higher than analysts' average estimate of 66 cents per share, according to Refinitiv data. The company, which serves more than 10 million customers through its six subsidiaries, saw higher rates at three of its units\u2014PECO, BGE and PHI. However, all units signed on more customers, with ComEd, the company's biggest unit, reporting an increase to 4.13 million total customers from 4.11 million a year earlier. Last week, Exelon's peers Southern CoSO.N and NextEra EnergyNEE.N also beat quarterly profit estimates, helped by higher prices and clean energy investment push. Exelon affirmed its full-year adjusted profit forecast of $2.30-$2.42 per share. The company's quarterly revenue rose to $5.56 billion from $5.33 billion a year earlier. Analysts on average estimated $5.27 billion, according to Refinitiv data. (Reporting by Saikeerthi in Bengaluru; Editing by Shilpi Majumdar) ((Saikeerthi@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-05-04,42.42,43.07,41.53,42.56,
EXC,2023-05-05,42.58,43.045,42.48,42.85,
EXC,2023-05-08,42.87,43.325,42.625,42.77,
EXC,2023-05-09,42.6,42.81,42.19,42.62,
EXC,2023-05-10,42.76,43.05,42.425,42.92,"Ex-Dividend Reminder: Exelon, Southern and Allete Looking at the universe of stocks we cover at Dividend Channel, on 5/12/23, Exelon Corp (Symbol: EXC), Southern Company (Symbol: SO), and Allete Inc (Symbol: ALE) will all trade ex-dividend for their respective upcoming dividends. Exelon Corp will pay its quarterly dividend of $0.36 on 6/9/23, Southern Company will pay its quarterly dividend of $0.70 on 6/6/23, and Allete Inc will pay its quarterly dividend of $0.6775 on 6/1/23. As a percentage of EXC's recent stock price of $42.93, this dividend works out to approximately 0.84%, so look for shares of Exelon Corp to trade 0.84% lower — all else being equal — when EXC shares open for trading on 5/12/23. Similarly, investors should look for SO to open 0.93% lower in price and for ALE to open 1.08% lower, all else being equal. Below are dividend history charts for EXC, SO, and ALE, showing historical dividends prior to the most recent ones declared. Exelon Corp (Symbol: EXC): Southern Company (Symbol: SO): Allete Inc (Symbol: ALE): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.35% for Exelon Corp, 3.73% for Southern Company, and 4.30% for Allete Inc. In Wednesday trading, Exelon Corp shares are currently up about 0.7%, Southern Company shares are up about 0.6%, and Allete Inc shares are up about 0.8% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » Also see: • BDC Baby Bonds and Preferreds • Funds Holding XPON • IEP Stock Predictions The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-05-11,42.84,43.02,42.23,42.48,"Guru Fundamental Report for EXC Below is Validea's guru fundamental report for EXELON CORP (EXC). Of the 22 guru strategies we follow, EXC rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown. EXELON CORP (EXC) is a large-cap growth stock in the Electric Utilities industry. The rating using this strategy is 75% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. UNIVERSE: PASS NET PAYOUT YIELD: FAIL QUALITY AND DEBT: PASS VALUATION: PASS RELATIVE STRENGTH: PASS SHAREHOLDER YIELD: FAIL Detailed Analysis of EXELON CORP EXC Guru Analysis EXC Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book ""Shareholder Yield"" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics. Additional Research Links Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-05-12,42.43,42.685,41.43,41.75,
EXC,2023-05-15,42.0,42.0,40.435,40.76,"[""Monday Sector Laggards: Utilities, Consumer Products The worst performing sector as of midday Monday is the Utilities sector, showing a 1.2% loss. Within the sector, Ameren Corp (Symbol: AEE) and Exelon Corp (Symbol: EXC) are two of the day's laggards, showing a loss of 3.0% and 2.5%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 1.2% on the day, and down 2.52% year-to-date. Ameren Corp, meanwhile, is down 3.15% year-to-date, and Exelon Corp, is down 4.03% year-to-date. Combined, AEE and EXC make up approximately 6.3% of the underlying holdings of XLU. The next worst performing sector is the Consumer Products sector, higher by 0.1%. Among large Consumer Products stocks, Campbell Soup Co (Symbol: CPB) and J.M. Smucker Co. (Symbol: SJM) are the most notable, showing a loss of 1.5% and 1.5%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is down 0.3% in midday trading, and up 2.37% on a year-to-date basis. Campbell Soup Co, meanwhile, is down 3.48% year-to-date, and J.M. Smucker Co., is down 0.76% year-to-date. Combined, CPB and SJM make up approximately 1.3% of the underlying holdings of IYK. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, eight sectors are up on the day, while one sector is down. SECTOR % CHANGE Technology & Communications +1.3% Materials +1.1% Financial +0.8% Services +0.6% Industrial +0.6% Energy +0.6% Consumer Products +0.1% Healthcare +0.1% Utilities -1.2% 10 ETFs With Stocks That Insiders Are Buying \u00bb Also see: \u0095 Institutional Holders of ACH \u0095 AZPN Average Annual Return \u0095 Funds Holding PSMC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Nasdaq 100 Movers: INTU, CRWD In early trading on Monday, shares of CrowdStrike Holdings topped the list of the day's best performing components of the Nasdaq 100 index, trading up 2.2%. Year to date, CrowdStrike Holdings registers a 26.4% gain. And the worst performing Nasdaq 100 component thus far on the day is Intuit, trading down 2.9%. Intuit is showing a gain of 6.6% looking at the year to date performance. Two other components making moves today are Exelon, trading down 2.2%, and JD.com, trading up 2.1% on the day. VIDEO: Nasdaq 100 Movers: INTU, CRWD The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-05-16,40.76,40.805,39.33,39.37,"[""Discounter Pepco expands European roll-out into Portugal LONDON, May 17 (Reuters) - European discount retailer Pepco Group PCOP.WA will open its first shop in Portugal on Wednesday, launching in its twentieth European territory as one of the sector's biggest store roll-outs gathers pace. The Warsaw-listed group, which owns the Pepco, Poundland and Dealz brands, trades from over 4,100 stores. It opened a net 166 stores in its first half to March 31 and plans at least 550 net new stores over its full 2022-23 financial year. The Pepco store in Coimbra, central Portugal, will be followed by openings later this month in Albufeira and Olh\u00e3o. Further openings are planned over the course of the year, including in Lisbon, Porto, Elvas, Tavira, Averio, and Braga. The stores will sell clothing, general merchandise from homewares to toys, as well as toiletries, cleaning and laundry products, personal care products, confectionery, and pet categories. \u201cOur launch in Portugal ... further validates our belief the whole of Europe is addressable to us,\"" Pepco Group CEO Trevor Masters said. The group plans to enter a 21st territory, Bosnia and Herzegovina, later this year. Pepco Group, which listed in 2021 and has a market capitalisation of about $5.5 billion, last month reported a 23% surge in first-half revenue. (Reporting by James Davey Editing by Mark Potter) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""RSI Alert: Exelon (EXC) Now Oversold Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Tuesday, shares of Exelon Corp (Symbol: EXC) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $39.385 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 53.5. A bullish investor could look at EXC's 29.3 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of EXC shares: Looking at the chart above, EXC's low point in its 52 week range is $35.185 per share, with $49.86 as the 52 week high point \u2014 that compares with a last trade of $39.35. Free Report: Top 8%+ Dividends (paid monthly) Find out what 9 other oversold stocks you need to know about \u00bb Also see: \u0095 MGIC market cap history \u0095 ETFs Holding IPXL \u0095 Institutional Holders of AGNC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mizuho Maintains Exelon (EXC) Buy Recommendation Fintel reports that on May 16, 2023, Mizuho maintained coverage of Exelon (NASDAQ:EXC) with a Buy recommendation. Analyst Price Forecast Suggests 15.98% Upside As of May 11, 2023, the average one-year price target for Exelon is 47.27. The forecasts range from a low of 44.44 to a high of $51.45. The average price target represents an increase of 15.98% from its latest reported closing price of 40.76. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Exelon is 19,564MM, an increase of 1.29%. The projected annual non-GAAP EPS is 2.39. What is the Fund Sentiment? There are 1992 funds or institutions reporting positions in Exelon. This is a decrease of 11 owner(s) or 0.55% in the last quarter. Average portfolio weight of all funds dedicated to EXC is 0.32%, a decrease of 0.77%. Total shares owned by institutions decreased in the last three months by 0.98% to 958,352K shares. The put/call ratio of EXC is 0.32, indicating a bullish outlook. What are Other Shareholders Doing? Wellington Management Group Llp holds 93,781K shares representing 9.43% ownership of the company. In it's prior filing, the firm reported owning 96,329K shares, representing a decrease of 2.72%. The firm decreased its portfolio allocation in EXC by 86.84% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 30,146K shares representing 3.03% ownership of the company. In it's prior filing, the firm reported owning 29,553K shares, representing an increase of 1.97%. The firm increased its portfolio allocation in EXC by 8.71% over the last quarter. VWELX - VANGUARD WELLINGTON FUND Investor Shares holds 26,179K shares representing 2.63% ownership of the company. In it's prior filing, the firm reported owning 27,112K shares, representing a decrease of 3.56%. The firm decreased its portfolio allocation in EXC by 1.23% over the last quarter. Bank of New York Mellon holds 25,002K shares representing 2.51% ownership of the company. In it's prior filing, the firm reported owning 30,194K shares, representing a decrease of 20.77%. The firm decreased its portfolio allocation in EXC by 91.16% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 22,972K shares representing 2.31% ownership of the company. In it's prior filing, the firm reported owning 22,482K shares, representing an increase of 2.14%. The firm increased its portfolio allocation in EXC by 8.64% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. Key filings for this company: UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-05-17,39.35,39.8,39.05,39.26,
EXC,2023-05-18,39.1,39.449,38.88,39.39,"FEX's Holdings Imply 16% Gain Potential Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the First Trust Large Cap Core AlphaDEX Fund ETF (Symbol: FEX), we found that the implied analyst target price for the ETF based upon its underlying holdings is $91.12 per unit. With FEX trading at a recent price near $78.81 per unit, that means that analysts see 15.63% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of FEX's underlying holdings with notable upside to their analyst target prices are Exelon Corp (Symbol: EXC), Duke Energy Corp (Symbol: DUK), and Booz Allen Hamilton Holding Corp. (Symbol: BAH). Although EXC has traded at a recent price of $39.26/share, the average analyst target is 19.60% higher at $46.95/share. Similarly, DUK has 16.98% upside from the recent share price of $93.02 if the average analyst target price of $108.82/share is reached, and analysts on average are expecting BAH to reach a target price of $108.33/share, which is 16.40% above the recent price of $93.07. Below is a twelve month price history chart comparing the stock performance of EXC, DUK, and BAH: Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET First Trust Large Cap Core AlphaDEX Fund ETF FEX $78.81 $91.12 15.63% Exelon Corp EXC $39.26 $46.95 19.60% Duke Energy Corp DUK $93.02 $108.82 16.98% Booz Allen Hamilton Holding Corp. BAH $93.07 $108.33 16.40% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » Also see: • CAHC shares outstanding history • Funds Holding NZF • Top Ten Hedge Funds Holding BRAG The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-05-19,39.44,40.0,39.41,39.87,
EXC,2023-05-22,40.16,40.47,39.765,40.12,"Morgan Stanley Maintains Exelon (EXC) Overweight Recommendation Fintel reports that on May 22, 2023, Morgan Stanley maintained coverage of Exelon (NASDAQ:EXC) with a Overweight recommendation. Analyst Price Forecast Suggests 18.57% Upside As of May 11, 2023, the average one-year price target for Exelon is 47.27. The forecasts range from a low of 44.44 to a high of $51.45. The average price target represents an increase of 18.57% from its latest reported closing price of 39.87. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Exelon is 19,564MM, an increase of 1.29%. The projected annual non-GAAP EPS is 2.39. What is the Fund Sentiment? There are 1994 funds or institutions reporting positions in Exelon. This is a decrease of 2 owner(s) or 0.10% in the last quarter. Average portfolio weight of all funds dedicated to EXC is 0.32%, an increase of 5.43%. Total shares owned by institutions increased in the last three months by 0.73% to 959,780K shares. The put/call ratio of EXC is 0.32, indicating a bullish outlook. What are Other Shareholders Doing? Wellington Management Group Llp holds 93,781K shares representing 9.43% ownership of the company. In it's prior filing, the firm reported owning 96,329K shares, representing a decrease of 2.72%. The firm decreased its portfolio allocation in EXC by 86.84% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 30,146K shares representing 3.03% ownership of the company. In it's prior filing, the firm reported owning 29,553K shares, representing an increase of 1.97%. The firm increased its portfolio allocation in EXC by 8.71% over the last quarter. VWELX - VANGUARD WELLINGTON FUND Investor Shares holds 26,179K shares representing 2.63% ownership of the company. In it's prior filing, the firm reported owning 27,112K shares, representing a decrease of 3.56%. The firm decreased its portfolio allocation in EXC by 1.23% over the last quarter. Bank of New York Mellon holds 25,002K shares representing 2.51% ownership of the company. In it's prior filing, the firm reported owning 30,194K shares, representing a decrease of 20.77%. The firm decreased its portfolio allocation in EXC by 91.16% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 22,972K shares representing 2.31% ownership of the company. In it's prior filing, the firm reported owning 22,482K shares, representing an increase of 2.14%. The firm increased its portfolio allocation in EXC by 8.64% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. Key filings for this company: UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-05-23,40.11,40.76,39.85,40.44,"EDPFY vs. EXC: Which Stock Is the Better Value Option? Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Energias de Portugal (EDPFY) and Exelon (EXC). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits. Currently, Energias de Portugal has a Zacks Rank of #2 (Buy), while Exelon has a Zacks Rank of #3 (Hold). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that EDPFY has an improving earnings outlook. But this is only part of the picture for value investors. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use. EDPFY currently has a forward P/E ratio of 15.44, while EXC has a forward P/E of 17.06. We also note that EDPFY has a PEG ratio of 1.27. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. EXC currently has a PEG ratio of 2.55. Another notable valuation metric for EDPFY is its P/B ratio of 1.21. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, EXC has a P/B of 1.59. These metrics, and several others, help EDPFY earn a Value grade of B, while EXC has been given a Value grade of C. EDPFY is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that EDPFY is likely the superior value option right now. The New Gold Rush: How Lithium Batteries Will Make Millionaires As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. Download the brand-new FREE report revealing 5 EV battery stocks set to soar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Energias de Portugal (EDPFY) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-05-24,40.54,40.66,40.08,40.15,
EXC,2023-05-25,39.76,39.92,39.16,39.51,"[""Guru Fundamental Report for EXC Below is Validea's guru fundamental report for EXELON CORP (EXC). Of the 22 guru strategies we follow, EXC rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown. EXELON CORP (EXC) is a large-cap growth stock in the Electric Utilities industry. The rating using this strategy is 75% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. UNIVERSE: PASS NET PAYOUT YIELD: FAIL QUALITY AND DEBT: PASS VALUATION: PASS RELATIVE STRENGTH: PASS SHAREHOLDER YIELD: FAIL Detailed Analysis of EXELON CORP EXC Guru Analysis EXC Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book \""Shareholder Yield\"" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics. Additional Research Links Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""BMO Capital Maintains Exelon (EXC) Outperform Recommendation Fintel reports that on May 25, 2023, BMO Capital maintained coverage of Exelon (NASDAQ:EXC) with a Outperform recommendation. Analyst Price Forecast Suggests 17.74% Upside As of May 11, 2023, the average one-year price target for Exelon is 47.27. The forecasts range from a low of 44.44 to a high of $51.45. The average price target represents an increase of 17.74% from its latest reported closing price of 40.15. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Exelon is 19,564MM, an increase of 1.29%. The projected annual non-GAAP EPS is 2.39. What is the Fund Sentiment? There are 1966 funds or institutions reporting positions in Exelon. This is a decrease of 43 owner(s) or 2.14% in the last quarter. Average portfolio weight of all funds dedicated to EXC is 0.32%, a decrease of 9.30%. Total shares owned by institutions decreased in the last three months by 2.08% to 950,277K shares. The put/call ratio of EXC is 0.30, indicating a bullish outlook. What are Other Shareholders Doing? Wellington Management Group Llp holds 93,781K shares representing 9.43% ownership of the company. In it's prior filing, the firm reported owning 96,329K shares, representing a decrease of 2.72%. The firm decreased its portfolio allocation in EXC by 86.84% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 30,146K shares representing 3.03% ownership of the company. In it's prior filing, the firm reported owning 29,553K shares, representing an increase of 1.97%. The firm increased its portfolio allocation in EXC by 8.71% over the last quarter. VWELX - VANGUARD WELLINGTON FUND Investor Shares holds 26,179K shares representing 2.63% ownership of the company. In it's prior filing, the firm reported owning 27,112K shares, representing a decrease of 3.56%. The firm decreased its portfolio allocation in EXC by 1.23% over the last quarter. Bank of New York Mellon holds 25,002K shares representing 2.51% ownership of the company. In it's prior filing, the firm reported owning 30,194K shares, representing a decrease of 20.77%. The firm decreased its portfolio allocation in EXC by 91.16% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 22,972K shares representing 2.31% ownership of the company. In it's prior filing, the firm reported owning 22,482K shares, representing an increase of 2.14%. The firm increased its portfolio allocation in EXC by 8.64% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. Key filings for this company: UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) to Gain From T&D Investments, Rate Decoupling Exelon\u2019s EXC initiatives to provide safe and affordable clean power are expected to boost its performance. The company\u2019s modernization of infrastructure and cost-saving initiatives will further improve margins. However, this Zacks Rank #3 (Hold) stock faces risks related to the failure of transmission lines and adherence to stringent regulations. Tailwinds Exelon is focused on organic growth. During 2023-2026, it plans to invest nearly $31.3 billion in regulated utility operations for grid modernization and to increase the resilience of its infrastructure. These investments will support rate-based growth of nearly 8% through 2026. The separation of the power generation and competitive energy business, namely Constellation Energy Corp., into a separate entity will allow Exelon\u2019s management to concentrate on the transmission and distribution of clean energy. Nearly 73% of Exelon\u2019s distribution revenues are decoupled, which insulates the top line from the impact of load fluctuations and leads to stable earnings. Exelon\u2019s stable cash flow allows management to continue distributing regular dividends. The board of directors announced a quarterly dividend raise of 6.7%. The annual dividend reflects a yield of 3.59%, which is better than the industry average of 3.37%. Headwinds Exelon\u2019s delivery business is highly regulated and could be subject to regulatory and legislative actions that adversely affect its operations or financial results. In addition, failure of the equipment or facilities, rising interest rates and fluctuating weather conditions hurt the company\u2019s operating and financial results. Stocks to Consider Some better-ranked utilities in the same industry are OGE Energy OGE, Consolidated Edison ED and NiSource NI, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. OGE Energy\u2019s long-term (three to five-year) earnings growth rate is pegged at 17.9%. It delivered an average earnings surprise of 19.9% in the last four quarters. Consolidated Edison\u2019s long-term earnings growth rate stands at 2%. It delivered an average earnings surprise of 9.5% in the last four quarters. NiSource\u2019s long-term earnings growth rate is pegged at 6.9%. It delivered an average earnings surprise of 0.5% in the last four quarters. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NiSource, Inc (NI) : Free Stock Analysis Report Consolidated Edison Inc (ED) : Free Stock Analysis Report OGE Energy Corporation (OGE) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-05-26,39.47,39.47,38.795,39.39,
EXC,2023-05-30,39.39,39.74,39.25,39.34,
EXC,2023-05-31,39.34,39.75,38.955,39.65,
EXC,2023-06-01,39.87,39.87,39.2,39.48,
EXC,2023-06-02,39.31,40.02,39.0,39.69,"Exelon (EXC) Down 7.2% Since Last Earnings Report: Can It Rebound? It has been about a month since the last earnings report for Exelon (EXC). Shares have lost about 7.2% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Exelon due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Exelon Q1 Earnings & Sales Beat Estimates, Rise Y/Y Exelon Corporation’s first-quarter 2023 earnings of 70 cents per share surpassed the Zacks Consensus Estimate of 66 cents by 6.1%. The earnings of the company improved 9.4% from the year-ago level. On a GAAP basis, first-quarter earnings were 67 cents per share compared with 49 cents in the year-ago quarter. Total Revenues Exelon's first-quarter total revenues of $5,563 million surpassed the Zacks Consensus Estimate of $5,519 million by 0.8%. The top line was 4.4% higher than the year-ago figure of $5,327 million. Highlights of the Release Exelon's first-quarter total operating expenses increased 0.7% year over year to $4.46 billion. The increase was due to higher power and fuel prices. Operating income was $1,106 million, up 22.9% year over year. Interest expenses totaled $412 million, up 21.9% from the year-ago quarter. Financial Highlights Cash and cash equivalents were $522 million as of Mar 31, 2023 compared with $407 million as of Dec 31, 2022. Long-term debt was $38,732 million as of Mar 31, 2023 compared with $35,272 million as of Dec 31, 2022. Cash provided by operating activities during the first three months of 2023 was $484 million compared with $1,782 million in the corresponding period of 2022. Guidance Exelon reiterated 2023 earnings guidance in the range of $2.30-$2.42 per share. The midpoint of the guided range is $2.36, which is higher than the Zacks Consensus Estimate of $2.35 per share for the same period. The company reaffirmed 6-8% long-term earnings per share growth for the 2022-2026 time period. Exelon expects its capital expenditure for the 2023-2026 time period to be $31.3 billion to meet customer requirements and further strengthen its transmission and distribution operations. How Have Estimates Been Moving Since Then? It turns out, fresh estimates flatlined during the past month. VGM Scores Currently, Exelon has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with a D. Charting a somewhat similar path, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Exelon has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-06-05,39.73,40.32,39.7,39.98,
EXC,2023-06-06,40.09,40.21,39.72,39.75,
EXC,2023-06-07,39.85,40.5,39.525,40.34,"JP Morgan Maintains Exelon (EXC) Prior Recommendation Fintel reports that on June 7, 2023, JP Morgan maintained coverage of Exelon (NASDAQ:EXC) with a Overweight recommendation. Analyst Price Forecast Suggests 18.14% Upside As of June 1, 2023, the average one-year price target for Exelon is 46.96. The forecasts range from a low of 44.44 to a high of $50.40. The average price target represents an increase of 18.14% from its latest reported closing price of 39.75. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Exelon is 19,564MM, an increase of 1.29%. The projected annual non-GAAP EPS is 2.39. What is the Fund Sentiment? There are 1961 funds or institutions reporting positions in Exelon. This is a decrease of 45 owner(s) or 2.24% in the last quarter. Average portfolio weight of all funds dedicated to EXC is 0.32%, a decrease of 12.37%. Total shares owned by institutions decreased in the last three months by 2.17% to 950,193K shares. The put/call ratio of EXC is 0.28, indicating a bullish outlook. What are Other Shareholders Doing? Wellington Management Group Llp holds 93,781K shares representing 9.43% ownership of the company. In it's prior filing, the firm reported owning 96,329K shares, representing a decrease of 2.72%. The firm decreased its portfolio allocation in EXC by 86.84% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 30,770K shares representing 3.09% ownership of the company. In it's prior filing, the firm reported owning 30,146K shares, representing an increase of 2.03%. The firm decreased its portfolio allocation in EXC by 8.67% over the last quarter. VWELX - VANGUARD WELLINGTON FUND Investor Shares holds 26,179K shares representing 2.63% ownership of the company. In it's prior filing, the firm reported owning 27,112K shares, representing a decrease of 3.56%. The firm decreased its portfolio allocation in EXC by 1.23% over the last quarter. Bank of New York Mellon holds 25,002K shares representing 2.51% ownership of the company. In it's prior filing, the firm reported owning 30,194K shares, representing a decrease of 20.77%. The firm decreased its portfolio allocation in EXC by 91.16% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 23,188K shares representing 2.33% ownership of the company. In it's prior filing, the firm reported owning 22,972K shares, representing an increase of 0.93%. The firm decreased its portfolio allocation in EXC by 9.29% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. Key filings for this company: UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-06-08,39.85,40.34,39.735,40.13,"[""EDPFY or EXC: Which Is the Better Value Stock Right Now? Investors interested in Utility - Electric Power stocks are likely familiar with Energias de Portugal (EDPFY) and Exelon (EXC). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits. Energias de Portugal and Exelon are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. Investors should feel comfortable knowing that EDPFY likely has seen a stronger improvement to its earnings outlook than EXC has recently. But this is only part of the picture for value investors. Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels. The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors. EDPFY currently has a forward P/E ratio of 15.01, while EXC has a forward P/E of 17.12. We also note that EDPFY has a PEG ratio of 1.23. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. EXC currently has a PEG ratio of 2.56. Another notable valuation metric for EDPFY is its P/B ratio of 1.18. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, EXC has a P/B of 1.60. Based on these metrics and many more, EDPFY holds a Value grade of B, while EXC has a Value grade of C. EDPFY sticks out from EXC in both our Zacks Rank and Style Scores models, so value investors will likely feel that EDPFY is the better option right now. Just Released: Free Report Reveals Little-Known Strategies to Help Profit from the $30 Trillion Metaverse Boom It's undeniable. The metaverse is gaining steam every day. Just follow the money. Google. Microsoft. Adobe. Nike. Facebook even rebranded itself as Meta because Mark Zuckerberg believes the metaverse is the next iteration of the internet. The inevitable result? Many investors will get rich as the metaverse evolves. What do they know that you don't? They\u2019re aware of the companies best poised to grow as the metaverse does. And in a new FREE report, Zacks is revealing those stocks to you. This week, you can download, The Metaverse - What is it? And How to Profit with These 5 Pioneering Stocks. It reveals specific stocks set to skyrocket as this emerging technology develops and expands. Don't miss your chance to access it for free with no obligation. >>Show me how I could profit from the metaverse! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Energias de Portugal (EDPFY) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Goldman Sachs Initiates Coverage of Exelon (EXC) with Sell Recommendation Fintel reports that on June 8, 2023, Goldman Sachs initiated coverage of Exelon (NASDAQ:EXC) with a Sell recommendation. Analyst Price Forecast Suggests 16.41% Upside As of June 1, 2023, the average one-year price target for Exelon is 46.96. The forecasts range from a low of 44.44 to a high of $50.40. The average price target represents an increase of 16.41% from its latest reported closing price of 40.34. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Exelon is 19,564MM, an increase of 1.29%. The projected annual non-GAAP EPS is 2.39. What is the Fund Sentiment? There are 1961 funds or institutions reporting positions in Exelon. This is a decrease of 45 owner(s) or 2.24% in the last quarter. Average portfolio weight of all funds dedicated to EXC is 0.32%, a decrease of 12.37%. Total shares owned by institutions decreased in the last three months by 2.10% to 950,193K shares. The put/call ratio of EXC is 0.29, indicating a bullish outlook. What are Other Shareholders Doing? Wellington Management Group Llp holds 93,781K shares representing 9.43% ownership of the company. In it's prior filing, the firm reported owning 96,329K shares, representing a decrease of 2.72%. The firm decreased its portfolio allocation in EXC by 86.84% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 30,770K shares representing 3.09% ownership of the company. In it's prior filing, the firm reported owning 30,146K shares, representing an increase of 2.03%. The firm decreased its portfolio allocation in EXC by 8.67% over the last quarter. VWELX - VANGUARD WELLINGTON FUND Investor Shares holds 26,179K shares representing 2.63% ownership of the company. In it's prior filing, the firm reported owning 27,112K shares, representing a decrease of 3.56%. The firm decreased its portfolio allocation in EXC by 1.23% over the last quarter. Bank of New York Mellon holds 25,002K shares representing 2.51% ownership of the company. In it's prior filing, the firm reported owning 30,194K shares, representing a decrease of 20.77%. The firm decreased its portfolio allocation in EXC by 91.16% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 23,188K shares representing 2.33% ownership of the company. In it's prior filing, the firm reported owning 22,972K shares, representing an increase of 0.93%. The firm decreased its portfolio allocation in EXC by 9.29% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. Key filings for this company: UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-06-09,40.2,40.349,39.89,40.08,"Do Options Traders Know Something About Exelon (EXC) Stock We Don't? Investors in Exelon Corporation EXC need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 19, 2023 $30 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. What do the Analysts Think? Clearly, options traders are pricing in a big move for Exelon shares, but what is the fundamental picture for the company? Currently, Exelon is a Zacks Rank #3 (Hold) in the Utility - Electric Power industry that ranks in the Top 24% of our Zacks Industry Rank. Over the last 60 days, two analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from 47 cents per share to 48 cents in that period. Given the way analysts feel about Exelon right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Looking to Trade Options? Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. Click to see the trades now >> Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-06-12,40.09,40.18,39.73,39.91,
EXC,2023-06-13,39.91,40.08,39.63,39.8,
EXC,2023-06-14,40.0,40.335,39.85,40.12,
EXC,2023-06-15,40.385,40.905,40.25,40.82,"FirstEnergy (FE) Arm Upgrades High-Voltage Transmission Line FirstEnergy Corporation FE announced that its subsidiary, American Transmission Systems, Inc (“ATSI”), has upgraded a high-voltage transmission line in Clark County, OH. The idea is to strengthen the regional transmission system and improve service reliability for about 35,000 consumers in the area. The project is a part of the multi-year effort Energizing the Future, which aims to modernize FirstEnergy's transmission system using cutting-edge machinery and technology. These will strengthen the power grid and reduce the frequency and duration of customer outages. FirstEnergy has committed more than $10 billion to the Energizing the Future program through 2022. Need for Upgrades A rise in temperature not only increases the demand for electricity but also poses a threat to electric infrastructure. The upgrades and maintenance at regular intervals are crucial in maintaining service reliability and ensuring customer satisfaction. The 69-kilovolt transmission line traverses Springfield Township and Moorefield Township for a distance of slightly more than 11 miles to the northeast, with sections of the line running alongside Interstate 68. ATSI replaced 105 wood poles over a six-mile stretch of the line and installed five new steel poles on foundations. The objective was to reduce unanticipated outages caused by extreme weather. The FE subsidiary also installed new wires along a portion of the route and made equipment upgrades at four substations that connect to the line. Construction work on the $20-million project started in August 2022 and ended in June. Utilities' Focus on Infrastructure Upgrades In order to provide reliable service to customers, utilities make systematic investments to upgrade transmission and distribution lines and develop new substations. The idea is to warrant proper supply of electricity to millions of customers across the United States. Apart from FirstEnergy, other electric power companies like Xcel Energy, Inc. XEL, Exelon Corporation EXC and Duke Energy DUK are also adopting measures to strengthen their existing infrastructure. Xcel Energy aims to spend $29.5 billion during 2023-2027, out of which the company plans to invest nearly $18 billion in strengthening its electric distribution and transmission operations. XEL’s long-term (three to five years) earnings growth rate is 6.3%. The Zacks Consensus Estimate for 2023 earnings per share (EPS) implies a year-over-year improvement of 6%. Exelon invests substantially in infrastructure projects. It plans to spend nearly $31.3 billion during 2023-2026 on regulated utility operations for grid modernization and enhancement of its infrastructure’s resilience. EXC’s long-term earnings growth rate is 6.68%. The Zacks Consensus Estimate for 2023 EPS implies a year-over-year improvement of 4%. Duke Energy remains focused on expanding its scale of operations and implementing modern technologies at its facilities. It invests heavily in infrastructure and expansion projects. Almost 85% of the company’s planned investment funds its generation fleet transition and grid modernization. This includes approximately $75 billion to modernize and strengthen its transmission and distribution infrastructure. DUK’s long-term earnings growth rate is 6.18%. The Zacks Consensus Estimate for 2023 EPS implies year-over-year growth of 6.5%. Price Performance In the past month, shares of FirstEnergy have rallied 1.8% against the industry’s 1.5% decline. Image Source: Zacks Investment Research Zacks Rank FirstEnergy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers ""Most Likely for Early Price Pops."" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Xcel Energy Inc. (XEL) : Free Stock Analysis Report FirstEnergy Corporation (FE) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-06-16,40.86,41.43,40.79,41.21,"Bullish Two Hundred Day Moving Average Cross - EXC In trading on Friday, shares of Exelon Corp (Symbol: EXC) crossed above their 200 day moving average of $41.08, changing hands as high as $41.35 per share. Exelon Corp shares are currently trading up about 0.9% on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $35.185 per share, with $47.23 as the 52 week high point — that compares with a last trade of $41.23. The EXC DMA information above was sourced from TechnicalAnalysisChannel.com Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average » Also see: • COHU Historical Stock Prices • ASML Dividend History • Top Ten Hedge Funds Holding NUO The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-06-20,41.21,41.225,40.69,40.74,
EXC,2023-06-21,40.54,40.92,40.01,40.91,
EXC,2023-06-22,40.97,41.1,40.38,40.54,"[""Why Exelon (EXC) is a Top Momentum Stock for the Long-Term For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days. Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform. The Style Scores are broken down into four categories: Value Score Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks. Growth Score While good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum Score Momentum traders and investors live by the saying \""the trend is your friend.\"" This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks. VGM Score If you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio. #1 (Strong Buy) stocks have produced an unmatched +25.41% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day. But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from. That's where the Style Scores come in. You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only as a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible. Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy. For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Exelon (EXC) Chicago, IL-based Exelon Corporation completed the previously announced separation of the power generation and competitive energy business, namely Constellation Energy Corp., into a separate entity, which will trade under the symbol \u201cCEG\u201d. Exelon retained the transmission and distribution utility business, which will continue to be called Exelon and trade under the symbol \u201cEXC\u201d. The separation was completed on Feb 1, 2022. EXC is a #3 (Hold) on the Zacks Rank, with a VGM Score of B. Momentum investors should take note of this Utilities stock. EXC has a Momentum Style Score of B, and shares are up 1.9% over the past four weeks. Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2023, while the Zacks Consensus Estimate has increased $0.01 to $2.36 per share. EXC also boasts an average earnings surprise of 1.5%. With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, EXC should be on investors' short list. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Guru Fundamental Report for EXC Below is Validea's guru fundamental report for EXELON CORP (EXC). Of the 22 guru strategies we follow, EXC rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown. EXELON CORP (EXC) is a large-cap growth stock in the Electric Utilities industry. The rating using this strategy is 75% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. UNIVERSE: PASS NET PAYOUT YIELD: FAIL QUALITY AND DEBT: PASS VALUATION: PASS RELATIVE STRENGTH: PASS SHAREHOLDER YIELD: FAIL Detailed Analysis of EXELON CORP EXC Guru Analysis EXC Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book \""Shareholder Yield\"" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics. Additional Research Links Top Large-Cap Growth Stocks Factor-Based Stock Portfolios High Momentum Stocks Dividend Aristocrats 2023 High Insider Ownership Stocks Top S&P 500 Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-06-23,40.65,40.79,39.835,39.87,
EXC,2023-06-26,40.04,40.75,39.91,40.57,
EXC,2023-06-27,40.64,40.95,40.47,40.82,
EXC,2023-06-28,40.71,40.76,39.94,40.09,
EXC,2023-06-29,39.8,40.32,39.67,40.11,"EDPFY vs. EXC: Which Stock Is the Better Value Option? Investors with an interest in Utility - Electric Power stocks have likely encountered both Energias de Portugal (EDPFY) and Exelon (EXC). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits. Right now, Energias de Portugal is sporting a Zacks Rank of #2 (Buy), while Exelon has a Zacks Rank of #3 (Hold). This means that EDPFY's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is just one factor that value investors are interested in. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value. EDPFY currently has a forward P/E ratio of 14.98, while EXC has a forward P/E of 16.98. We also note that EDPFY has a PEG ratio of 1.23. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. EXC currently has a PEG ratio of 2.54. Another notable valuation metric for EDPFY is its P/B ratio of 1.18. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, EXC has a P/B of 1.59. Based on these metrics and many more, EDPFY holds a Value grade of B, while EXC has a Value grade of C. EDPFY has seen stronger estimate revision activity and sports more attractive valuation metrics than EXC, so it seems like value investors will conclude that EDPFY is the superior option right now. Free Report: Top EV Battery Stocks to Buy Now Just-released report reveals 5 stocks to profit as millions of EV batteries are made. Elon Musk tweeted that lithium prices have gone to ""insane levels,"" and they're likely to keep climbing. As a result, a handful of lithium battery stocks are set to skyrocket. Access this report to discover which battery stocks to buy and which to avoid. Download free today. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Energias de Portugal (EDPFY) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-06-30,40.41,40.885,40.39,40.74,
EXC,2023-07-03,40.62,41.1,40.45,41.05,
EXC,2023-07-05,40.94,41.7,40.87,41.48,"How To YieldBoost EXC From 3.5% To 6.6% Using Options Shareholders of Exelon Corp (Symbol: EXC) looking to boost their income beyond the stock's 3.5% annualized dividend yield can sell the January 2025 covered call at the $47 strike and collect the premium based on the $2.00 bid, which annualizes to an additional 3.1% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 6.6% annualized rate in the scenario where the stock is not called away. Any upside above $47 would be lost if the stock rises there and is called away, but EXC shares would have to climb 13% from current levels for that to happen, meaning that in the scenario where the stock is called, the shareholder has earned a 17.8% return from this trading level, in addition to any dividends collected before the stock was called. In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Exelon Corp, looking at the dividend history chart for EXC below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 3.5% annualized dividend yield. Below is a chart showing EXC's trailing twelve month trading history, with the $47 strike highlighted in red: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2025 covered call at the $47 strike gives good reward for the risk of having given away the upside beyond $47. (Do most options expire worthless? This and six other common options myths debunked). We calculate the trailing twelve month volatility for Exelon Corp (considering the last 251 trading day closing values as well as today's price of $41.58) to be 24%. For other call options contract ideas at the various different available expirations, visit the EXC Stock Options page of StockOptionsChannel.com. In mid-afternoon trading on Wednesday, the put volume among S&P 500 components was 1.28M contracts, with call volume at 2.12M, for a put:call ratio of 0.60 so far for the day. Compared to the long-term median put:call ratio of .65, that represents high call volume relative to puts; in other words, buyers are showing a preference for calls in options trading so far today. Find out which 15 call and put options traders are talking about today. Top YieldBoost Calls of the Nasdaq 100 » Also see: • Institutional Holders of FLQM • Top Ten Hedge Funds Holding IBHE • SMPL Historical PE Ratio The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-07-06,41.11,41.16,40.67,41.06,
EXC,2023-07-07,41.16,41.23,40.79,40.96,"Guggenheim Upgrades Exelon (EXC) Fintel reports that on July 7, 2023, Guggenheim upgraded their outlook for Exelon (NASDAQ:EXC) from Neutral to Buy . Analyst Price Forecast Suggests 12.59% Upside As of July 6, 2023, the average one-year price target for Exelon is 46.23. The forecasts range from a low of 39.39 to a high of $50.40. The average price target represents an increase of 12.59% from its latest reported closing price of 41.06. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Exelon is 19,564MM, an increase of 1.29%. The projected annual non-GAAP EPS is 2.39. What is the Fund Sentiment? There are 1951 funds or institutions reporting positions in Exelon. This is a decrease of 50 owner(s) or 2.50% in the last quarter. Average portfolio weight of all funds dedicated to EXC is 0.32%, a decrease of 7.39%. Total shares owned by institutions decreased in the last three months by 1.17% to 943,552K shares. The put/call ratio of EXC is 0.19, indicating a bullish outlook. What are Other Shareholders Doing? Wellington Management Group Llp holds 93,781K shares representing 9.43% ownership of the company. In it's prior filing, the firm reported owning 96,329K shares, representing a decrease of 2.72%. The firm decreased its portfolio allocation in EXC by 86.84% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 30,770K shares representing 3.09% ownership of the company. In it's prior filing, the firm reported owning 30,146K shares, representing an increase of 2.03%. The firm decreased its portfolio allocation in EXC by 8.67% over the last quarter. VWELX - VANGUARD WELLINGTON FUND Investor Shares holds 26,179K shares representing 2.63% ownership of the company. In it's prior filing, the firm reported owning 27,112K shares, representing a decrease of 3.56%. The firm decreased its portfolio allocation in EXC by 1.23% over the last quarter. Bank of New York Mellon holds 25,002K shares representing 2.51% ownership of the company. In it's prior filing, the firm reported owning 30,194K shares, representing a decrease of 20.77%. The firm decreased its portfolio allocation in EXC by 91.16% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 23,188K shares representing 2.33% ownership of the company. In it's prior filing, the firm reported owning 22,972K shares, representing an increase of 0.93%. The firm decreased its portfolio allocation in EXC by 9.29% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. Additional reading: UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION MICHAEL DYBAS, WILLIAM GRUNZE, and BENJAMIN JASON WAX, Derivatively on Behalf of EXELON CORPORATION, Plaintiff, v. CHRISTOPHER M. CRANE, JOSEPH DOMINGUEZ, WILLIAM A. VON HOEN Summer 2023 Investor Meetings 2 Cautionary Statements Regarding Forward-Looking Information This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to r EXELON REPORTS FIRST QUARTER 2023 RESULTS May 3, 2023 Earnings Conference Call First Quarter 2023 2 Cautionary Statements Regarding Forward-Looking Information This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of File No. 001-16169, Form 8-K dated February 21, 2023, Exhibit 4.2 This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-07-10,41.1,41.3,40.7,40.98,
EXC,2023-07-11,41.11,41.735,41.01,41.71,
EXC,2023-07-12,41.7,42.3,41.46,42.05,"Here's Why You Should Add Exelon (EXC) to Your Portfolio Now Exelon Corporation’s EXC long-term investment plans to strengthen its transmission and distribution infrastructure will drive its performance. Exelon's revenue decoupling mitigates the impact of load fluctuation and its cost-saving initiatives boost margins. Given its growth opportunities and strong dividend history, EXC makes for a solid investment option in the utility sector. Let’s focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment. Growth Projections & Surprise History The Zacks Consensus Estimate for EXC’s 2023 earnings per share (EPS) has increased 0.4% to $2.36 in the past 60 days. This indicates a year-over-year bottom-line improvement of 3.96%. EXC’s long-term (three- to five-year) earnings growth rate is 6.68%. It delivered an average earnings surprise of 1.47% in the last four quarters. Return on Equity Return on equity (ROE) indicates how efficiently a company has been utilizing its funds to generate higher returns. Currently, EXC’s ROE is 9.41%, higher than the industry’s average of 4.91%. This indicates that the company has been utilizing its funds more constructively than its peers in the electric power utility industry. Dividend History Exelon has been consistently increasing shareholders’ value by paying dividends. Currently, its quarterly dividend is 36 cents per share. This resulted in an annualized dividend of $1.44 per share, indicating a 6.7% improvement from the previous year’s $1.35. The company aims to increase its dividend per share by 6-8% annually through 2026, subject to the approval of its board of directors. Its current dividend yield is 3.45%, better than the Zacks S&P 500 Composite's average of 1.44%. Systematic Investments EXC invests substantially in infrastructure projects. It plans to invest nearly $31.3 billion during 2023-2026 in regulated utility operations for grid modernization and to increase the resilience of its infrastructure for the benefit of its customers. Exelon plans to invest $7.2 billion in 2023 to further strengthen its infrastructure. The company also looks forward to investing $20.8 billion in electric distribution, $6.7 billion in electric transmission and $3.9 billion in gas delivery in the 2023-2026 period. The systematic investments will support rate-based growth of nearly 8% through 2026. Price Performance In the past month, EXC’s shares have rallied 4.5% against the industry’s average decline of 1.3%. Image Source: Zacks Investment Research Other Stocks to Consider A few other top-ranked stocks from the same industry are FirstEnergy Corp. FE, Alliant Energy LNT and NextEra Energy, Inc. NEE, each carrying a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. FirstEnergy’s long-term earnings growth rate is 6.45%. The Zacks Consensus Estimate for the company’s 2023 EPS is pinned at $2.51, implying a year-over-year increase of 4.2%. Alliant Energy’s long-term earnings growth rate is 6.47%. The consensus estimate for the company’s 2023 EPS is pegged at $2.88, indicating a year-over-year improvement of 2.9%. NextEra Energy’s long-term earnings growth rate is 8.38%. The consensus mark for the company’s 2023 EPS is pinned at $3.11, indicating year-over-year growth of 7.2%. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation. Yes, I Want to Help Protect My Portfolio Against Inflation >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report FirstEnergy Corporation (FE) : Free Stock Analysis Report Alliant Energy Corporation (LNT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-07-13,41.88,42.245,41.785,42.18,
EXC,2023-07-14,42.08,42.2,41.59,42.02,"[""Reasons to Add Alliant Energy (LNT) to Your Portfolio Now Alliant Energy\u2019s LNT investment in regulated natural gas and renewable energy assets and expanding customer base will further boost its bottom line. Given its growth opportunities and strong dividend history, LNT makes for a solid investment option in the utility sector. Let\u2019s focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment. Growth Projections The Zacks Consensus Estimate for LNT\u2019s 2023 earnings per share (EPS) is pegged at $2.88, indicating a year-over-year increase of 2.9%. The same for sales is pinned at $4.54 billion, indicating a year-over-year improvement of 8.04%. LNT\u2019s long-term (three- to five-year) earnings growth rate is 6.47%. Return on Equity Return on equity (ROE) indicates how efficiently a company has been utilizing its funds to generate higher returns. Currently, Alliant Energy\u2019s ROE is 10.74%, higher than the industry\u2019s average of 4.91%. This indicates that the company has been utilizing its funds more constructively than its peers in the electric power utility industry. Dividend History The regulated nature of Alliant Energy's operation boosts its earnings potential. This has enabled the company to increase its annual dividend rate for more than a decade. LNT has paid out dividends since 1946 without fail. Currently, its quarterly dividend is 45.25 cents per share, resulting in an annualized dividend of $1.81. The company\u2019s current dividend yield is 3.34%, better than the Zacks S&P 500 Composite's average of 1.42%. Business Growth Alliant Energy plans to invest substantially over the next four years to strengthen the electric and gas distribution network as well as add natural gas and renewable assets to the generation portfolio. It plans to invest $8.5 billion during 2023-2026. LNT is successfully completing major construction projects on time and at or below budget. Constructive regulatory environment will enable the company to recover capital expenditures. Its strong and flexible investment plans will support an 8% base CAGR between 2022 and 2026. Price Performance In the past month, Alliant Energy\u2019s shares have rallied 2.1% compared with the industry\u2019s average growth of 1.5%. Image Source: Zacks Investment Research Other Stocks to Consider A few other top-ranked stocks from the same industry are FirstEnergy Corp. FE, Exelon Corporation EXC and NextEra Energy, Inc. NEE, each carrying a Zacks Rank #2 at present. You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. FirstEnergy\u2019s long-term earnings growth rate is 6.45%. The Zacks Consensus Estimate for the company\u2019s 2023 EPS is pegged at $2.51, implying a year-over-year increase of 4.2%. Exelon\u2019s long-term earnings growth rate is 6.68%. The consensus estimate for the company\u2019s 2023 EPS is pinned at $2.36, indicating year-over-year growth of 4%. NextEra Energy\u2019s long-term earnings growth rate is 8.38%. The consensus mark for the company\u2019s 2023 EPS is pegged at $3.11, indicating a year-over-year improvement of 7.2%. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report FirstEnergy Corporation (FE) : Free Stock Analysis Report Alliant Energy Corporation (LNT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Is the Options Market Predicting a Spike in Exelon (EXC) Stock? Investors in Exelon Corporation EXC need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 19, 2024 $35.00 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. What do the Analysts Think? Clearly, options traders are pricing in a big move for Exelon shares, but what is the fundamental picture for the company? Currently, Exelon is a Zacks Rank #2 (Buy) in the Utility - Electric Power industry that ranks in the Top 20% of our Zacks Industry Rank. Over the last 60 days, one analyst has increased the earnings estimate for the current quarter, while three have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from 48 cents per share to 46 cents in that period. Given the way analysts feel about Exelon right now, this huge implied volatility could mean there\u2019s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Looking to Trade Options? Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. Click to see the trades now >> Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-07-17,42.0,42.09,41.555,41.78,
EXC,2023-07-18,41.73,42.02,40.85,41.28,"[""After Hours Most Active for Jul 18, 2023 : SQQQ, QQQ, AAPL, BEKE, AMZN, TQQQ, ENB, EXC, T, BAC, KO, SNAP The NASDAQ 100 After Hours Indicator is down -25.1 to 15,816.25. The total After hours volume is currently 93,779,688 shares traded. The following are the most active stocks for the after hours session: ProShares UltraPro Short QQQ (SQQQ) is +0.05 at $16.71, with 4,228,208 shares traded., following a 52-week high recorded in today's regular session. Invesco QQQ Trust, Series 1 (QQQ) is -0.39 at $385.35, with 2,632,360 shares traded., following a 52-week high recorded in today's regular session. Apple Inc. (AAPL) is -0.36 at $193.37, with 2,033,904 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the \""buy range\"". KE Holdings Inc (BEKE) is unchanged at $14.36, with 1,907,753 shares traded. As reported by Zacks, the current mean recommendation for BEKE is in the \""buy range\"". Amazon.com, Inc. (AMZN) is -0.15 at $132.68, with 1,788,795 shares traded. As reported by Zacks, the current mean recommendation for AMZN is in the \""buy range\"". ProShares UltraPro QQQ (TQQQ) is -0.11 at $46.21, with 1,753,132 shares traded., following a 52-week high recorded in today's regular session. Enbridge Inc (ENB) is unchanged at $36.63, with 1,732,179 shares traded. ENB's current last sale is 84.52% of the target price of $43.34. Exelon Corporation (EXC) is unchanged at $41.28, with 1,686,928 shares traded. EXC's current last sale is 92.76% of the target price of $44.5. AT&T Inc. (T) is +0.09 at $13.54, with 1,608,297 shares traded., following a 52-week high recorded in today's regular session. Bank of America Corporation (BAC) is -0.01 at $30.69, with 1,352,376 shares traded. Smarter Analyst Reports: Citi Halts Share Buyback Amid New Regulation Coca-Cola Company (The) (KO) is unchanged at $60.57, with 1,204,619 shares traded. As reported by Zacks, the current mean recommendation for KO is in the \""buy range\"". Snap Inc. (SNAP) is -0.04 at $13.33, with 1,175,129 shares traded.SNAP is scheduled to provide an earnings report on 7/25/2023, for the fiscal quarter ending Jun2023. The consensus earnings per share forecast is -0.24 per share, which represents a -22 percent increase over the EPS one Year Ago The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why This 1 Value Stock Could Be a Great Addition to Your Portfolio Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. The Style Scores are broken down into four categories: Value Score For value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks. Growth Score While good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum Score Momentum traders and investors live by the saying \""the trend is your friend.\"" This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks. VGM Score What if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio. Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +25.41% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from. That's where the Style Scores come in. To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible. The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Exelon (EXC) Chicago, IL-based Exelon Corporation completed the previously announced separation of the power generation and competitive energy business, namely Constellation Energy Corp., into a separate entity, which will trade under the symbol \u201cCEG\u201d. Exelon retained the transmission and distribution utility business, which will continue to be called Exelon and trade under the symbol \u201cEXC\u201d. The separation was completed on Feb 1, 2022. EXC is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 17.69; value investors should take notice. Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2023. The Zacks Consensus Estimate has increased $0 to $2.36 per share. EXC boasts an average earnings surprise of 1.5%. With a solid Zacks Rank and top-tier Value and VGM Style Scores, EXC should be on investors' short list. The New Gold Rush: How Lithium Batteries Will Make Millionaires As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. Download the brand-new FREE report revealing 5 EV battery stocks set to soar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""4 Stocks to Buy From the Bright Electric Power Industry The Zacks Utility \u2013 Electric Power industry stocks have been transitioning toward clean sources of fuel and focusing on lower carbon emissions. The introduction of the Inflation Reduction Act 2022 should support the industry\u2019s transition toward clean energy sources to produce electricity. Utilities are also focused on strengthening the grid as well as transmission and distribution infrastructure. The huge infrastructure of the utilities faces the impact of the hurricane season each year. Infrastructure enhancement around the year increases the resilience of the entire system, reduces outages and allows operators to restore power quickly for customers affected by storms. NextEra Energy NEE, with large renewable operations and well-chalked-out capital investments to strengthen infrastructure, offers an excellent opportunity to stay invested in the utility space. Other utilities worth adding to your portfolio are Exelon Corporation EXC Consolidated Edison ED and DTE Energy Company DTE. About the Industry The Utility \u2013 Electric Power industry involves the process of generation, transmission, distribution, storage and sale of electricity to customers. A substantial portion of utilities\u2019 earnings is generated from regulated operations. Unless there is any major weather variation, demand for the services provided by utilities remains more or less steady, regardless of economic cycles. Per the EIA report, mild weather during 1H23, will likely reduce usage by 2% year over year. A clear transition is evident in this industry, with more companies declaring zero-emission goals on their own. Research and development over the years have resulted in a substantial decline in the cost of setting up utility-scale renewable power projects, aiding in the reduction of emissions. However, the ongoing increase in interest rates is a concern for capital-intensive utilities. 3 Electric Power Industry Trends to Watch Out For Transition Toward Cleaner Sources to Generate Power: The operators in the U.S. electric power sector are gradually moving toward cleaner sources of energy to produce electricity. Per the U.S. Energy Information Administration (EIA), the annual share of U.S. electricity generation from renewable energy sources will rise from 22% in 2022 to 23% in 2023 and is expected to touch 25% in 2024, as a result of the continuing addition of solar and wind-generating capacity. The expansion of renewable energy continues to eat into the share of coal in electricity generation. EIA expects coal contribution to electricity generation to fall from 20% in 2022 to 16% annually in 2023 and further to 15% in 2024. The passage of the Inflation Reduction Act (IRA) will support and accelerate the utilities\u2019 transition toward clean energy sources. IRA has removed the uncertainties relating to federal incentives provided for renewable sources usage. The act entails an opportunity for a wide range of low-cost clean energy solutions in a predictable way for a long time and will create earnings visibility. Courtesy of IRA, the utility operators are planning to add more renewable assets to their generation portfolio and shut down old polluting units. Demand for Electricity Stable: Per EIA, electricity demand in the United States can drop 2% year over year in 2023 but increase by 2% in 2024 to touch the 2022 levels. EIA believes that the expected drop in demand for electricity in 2023 will be due to a milder summer forecast that would lead to less requirement for cooling. Despite the expected drop in consumption, the utilities will continue to add new renewable energy assets to the total generation portfolio. Ongoing Interest Rate Increase is a Concern: Utilities, in order to maintain, upgrade and expand operations, approach capital markets for loans. The utilities have been enjoying near-zero interest rates for the past few years. But multiple rate hikes in 2022 pushed up interest rates. Even though the Federal Reserve decided not to increase interest rate in its last meeting, the benchmark rate is high at a range of 5-5.25%. Fed officials are contemplating increasing rates once more in their scheduled July meet. The increasing interest rates are a concern for capital-intensive utilities in the United States as these will push up capital servicing costs substantially from the current levels. Utilities might try to pass on the burden of increasing borrowing costs to customers but the necessary increase in rates might not be approved by the commission. In such a scenario, utilities will need to digest the extra expenses, which can lower their profitability and make them less attractive to investors interested in the utility space. Zacks Industry Rank Indicates Rosy Prospects The group\u2019s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates strong near-term prospects. The 56-stock Utility-Electric Power industry is housed within the broader Zacks Utilities sector and currently carries a Zacks Industry Rank #72, which places it in the top 29% of more than 250 Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1. The industry\u2019s positioning in the top 50% of the Zacks-ranked industries is a result of a positive earnings outlook for the constituent companies in aggregate. Looking at the earnings estimate revisions, it appears that analysts are showing confidence in this group\u2019s earnings growth potential. Before we present a few Utility - Electric Power stocks that you may want to consider for your portfolio, let\u2019s take a look at the industry\u2019s recent stock-market performance and current valuation. Industry Lags S&P 500 But Beats Sector The Utility Electric Power industry has lagged the Zacks S&P 500 and its own sector over the past 12 months. The industry has declined 5%, narrower than its sector\u2019s drop of 5.1%. The Zacks S&P 500 composite gained 14.5% in the same period. Price Performance (One year) Industry's Current Valuation On the basis of EV/EBITDA (Enterprise Value/ Earnings before Interest Tax Depreciation and Amortization) TTM, which is a commonly used multiple for valuing Utility Electric Power companies, the industry is trading at 18.22X compared with the S&P 500\u2019s 13.73X and the Utility sector\u2019s 18.33X. Over the past five years, the industry has traded as high as 20.59X, as low as 10.43X and at the median of 13.34X. Industry EV/EBITDA TTM vs S&P 500 (5yrs) Industry EV/EBITDA TTM vs Sector (5yrs) 4 Electric Power Industry Stocks to Focus On NextEra Energy: Juno Beach, FL-based NextEra Energy is engaged in the generation, transmission, distribution and sale of electric energy. The company expects capital deployment in excess of $54 billion in different projects from 2013-2027. These investments will be directed toward modernizing and strengthening the existing infrastructure and generating more electricity from clean sources to lower carbon emissions. NEE\u2019s long-term (three to five years) earnings growth is pegged at 8.38%. The current dividend yield for NEE is 2.55%, which is better than the Zacks S&P 500 Composite group\u2019s average of 1.66%. The Zacks Consensus Estimate for NextEra Energy\u2019s 2023 earnings reflects year-over-year growth of 7.24%. NextEra Energy currently has a Zacks Rank #2 (Buy). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Price and Consensus: NEE Exelon Corporation.: Chicago, IL-based Exelon Corporation focuses on the transmission and distribution of electricity. EXC has plans to invest $31.3 billion in different projects in the 2023-2026 time period. EXC\u2019s current dividend yield is 3.43%. EXC\u2019s long-term earnings growth rate is pegged at 6.68% The Zacks Consensus Estimate for Exelon\u2019s 2023 earnings per share reflects a year-over-year increase of 3.96%.Exelon currently has a Zacks Rank #2. Price and Consensus: EXC Consolidated Edison, Inc.: New York-based Consolidated Edison, through its subsidiaries, is engaged in regulated electric, gas and steam delivery businesses. The company has a capital expenditure plan of $14.6 billion for the 2023-2025 period. ED\u2019s current dividend yield is 2%. The Zacks Consensus Estimate for Consolidated Edison\u2019s 2023 earnings reflects year-over-year growth of 6.81%. ED\u2019s long-term earnings growth is pegged at 3.48%. Consolidated Edison currently has a Zacks Rank #2. Price and Consensus: ED DTE Energy: Detroit, MI-based DTE Energy Company, along with its subsidiaries, is engaged in regulated and unregulated energy businesses. DTE Energy aims to spend $21.6 billion during the 2023-2027 time frame to strengthen its electric and natural gas operations. DTE\u2019s current dividend yield is 3.37%. DTE\u2019s long-term earnings growth is pegged at 6%. The Zacks Consensus Estimate for DTE Energy\u2019s 2023 and 2024 earnings per share reflects year-over-year growth of 1.5% and 7.5%, respectively. DTE Energy currently has a Zacks Rank #2. Price and Consensus: DTE The New Gold Rush: How Lithium Batteries Will Make Millionaires As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. Download the brand-new FREE report revealing 5 EV battery stocks set to soar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report DTE Energy Company (DTE) : Free Stock Analysis Report Consolidated Edison Inc (ED) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-07-19,41.36,42.025,41.31,41.51,
EXC,2023-07-20,41.81,42.34,41.475,42.01,"[""EXC or MGEE: Which Is the Better Value Stock Right Now? Investors interested in Utility - Electric Power stocks are likely familiar with Exelon (EXC) and MGE (MGEE). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits. Exelon and MGE are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that EXC is likely seeing its earnings outlook improve to a greater extent. However, value investors will care about much more than just this. Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels. The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value. EXC currently has a forward P/E ratio of 17.58, while MGEE has a forward P/E of 23.56. We also note that EXC has a PEG ratio of 2.63. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. MGEE currently has a PEG ratio of 4.40. Another notable valuation metric for EXC is its P/B ratio of 1.65. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, MGEE has a P/B of 2.61. These are just a few of the metrics contributing to EXC's Value grade of B and MGEE's Value grade of D. EXC sticks out from MGEE in both our Zacks Rank and Style Scores models, so value investors will likely feel that EXC is the better option right now. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report MGE Energy Inc. (MGEE) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Guru Fundamental Report for EXC Below is Validea's guru fundamental report for EXELON CORP (EXC). Of the 22 guru strategies we follow, EXC rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown. EXELON CORP (EXC) is a large-cap growth stock in the Electric Utilities industry. The rating using this strategy is 75% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. UNIVERSE: PASS NET PAYOUT YIELD: FAIL QUALITY AND DEBT: PASS VALUATION: PASS RELATIVE STRENGTH: PASS SHAREHOLDER YIELD: FAIL Detailed Analysis of EXELON CORP EXC Guru Analysis EXC Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book \""Shareholder Yield\"" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics. Additional Research Links Top Large-Cap Growth Stocks Factor-Based Stock Portfolios Dividend Aristocrats 2023 High Insider Ownership Stocks Top S&P 500 Stocks Excess Returns Investing Podcast About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Here's Why Exelon (EXC) is a Strong Momentum Stock For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days. Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform. The Style Scores are broken down into four categories: Value Score For value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks. Growth Score While good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum Score Momentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying \""the trend is your friend.\"" The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates. VGM Score If you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier. It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +25.41% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio. That's where the Style Scores come in. You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only as a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible. The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank. A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Exelon (EXC) Chicago, IL-based Exelon Corporation completed the previously announced separation of the power generation and competitive energy business, namely Constellation Energy Corp., into a separate entity, which will trade under the symbol \u201cCEG\u201d. Exelon retained the transmission and distribution utility business, which will continue to be called Exelon and trade under the symbol \u201cEXC\u201d. The separation was completed on Feb 1, 2022. EXC is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Momentum investors should take note of this Utilities stock. EXC has a Momentum Style Score of B, and shares are up 1.5% over the past four weeks. Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2023. The Zacks Consensus Estimate has increased $0 to $2.36 per share. EXC boasts an average earnings surprise of 1.5%. With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, EXC should be on investors' short list. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-07-21,42.27,42.81,42.01,42.55,"Morgan Stanley Reiterates Exelon (EXC) Overweight Recommendation Fintel reports that on July 21, 2023, Morgan Stanley reiterated coverage of Exelon (NASDAQ:EXC) with a Overweight recommendation. Analyst Price Forecast Suggests 10.04% Upside As of July 6, 2023, the average one-year price target for Exelon is 46.23. The forecasts range from a low of 39.39 to a high of $50.40. The average price target represents an increase of 10.04% from its latest reported closing price of 42.01. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Exelon is 19,564MM, an increase of 1.29%. The projected annual non-GAAP EPS is 2.39. What is the Fund Sentiment? There are 1942 funds or institutions reporting positions in Exelon. This is a decrease of 51 owner(s) or 2.56% in the last quarter. Average portfolio weight of all funds dedicated to EXC is 0.32%, a decrease of 0.05%. Total shares owned by institutions decreased in the last three months by 1.36% to 940,827K shares. The put/call ratio of EXC is 0.20, indicating a bullish outlook. What are Other Shareholders Doing? Wellington Management Group Llp holds 93,781K shares representing 9.43% ownership of the company. In it's prior filing, the firm reported owning 96,329K shares, representing a decrease of 2.72%. The firm decreased its portfolio allocation in EXC by 86.84% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 30,770K shares representing 3.09% ownership of the company. In it's prior filing, the firm reported owning 30,146K shares, representing an increase of 2.03%. The firm decreased its portfolio allocation in EXC by 8.67% over the last quarter. VWELX - VANGUARD WELLINGTON FUND Investor Shares holds 26,179K shares representing 2.63% ownership of the company. In it's prior filing, the firm reported owning 27,112K shares, representing a decrease of 3.56%. The firm decreased its portfolio allocation in EXC by 1.23% over the last quarter. Bank of New York Mellon holds 25,002K shares representing 2.51% ownership of the company. In it's prior filing, the firm reported owning 30,194K shares, representing a decrease of 20.77%. The firm decreased its portfolio allocation in EXC by 91.16% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 23,188K shares representing 2.33% ownership of the company. In it's prior filing, the firm reported owning 22,972K shares, representing an increase of 0.93%. The firm decreased its portfolio allocation in EXC by 9.29% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. Additional reading: UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION MICHAEL DYBAS, WILLIAM GRUNZE, and BENJAMIN JASON WAX, Derivatively on Behalf of EXELON CORPORATION, Plaintiff, v. CHRISTOPHER M. CRANE, JOSEPH DOMINGUEZ, WILLIAM A. VON HOEN Summer 2023 Investor Meetings 2 Cautionary Statements Regarding Forward-Looking Information This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to r EXELON REPORTS FIRST QUARTER 2023 RESULTS May 3, 2023 Earnings Conference Call First Quarter 2023 2 Cautionary Statements Regarding Forward-Looking Information This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of File No. 001-16169, Form 8-K dated February 21, 2023, Exhibit 4.2 This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-07-24,42.71,42.97,42.47,42.83,
EXC,2023-07-25,42.68,43.2,42.67,43.02,"What's in Store for American Electric (AEP) in Q2 Earnings? American Electric Power Company, Inc AEP is slated to release its second-quarter 2023 results on Jul 27 before the opening bell. In the last reported quarter, the company delivered a negative earnings surprise of 2.63%. American Electric has a trailing four-quarter earnings surprise of 2.08%, on average. Factors to Note Most of the AEP’s service territories observed warm weather conditions in the second quarter. This may have increased the electricity demand for cooling purposes from the company’s customers during summer. This is likely to have contributed to American Electric's top line in the second quarter. New large customer volumes in the commercial and industrial classes are likely to have boosted the load growth of the company, thus aiding its top line in the second quarter. However, some parts of its service territories experienced severe weather conditions along with tornados. This may have disrupted the smooth flow of electricity to its customers, thus negatively impacting American Electric's overall revenues in the to-be-reported quarter to some extent. The Zacks Consensus Estimate for AEP’s second-quarter revenues is pegged at $4.70 billion. This suggests 2.4% growth from the year-ago quarter. As mentioned above, American Electric’s service territories witnessed severe weather patterns, which may have caused infrastructural damage, thus increasing the company’s operating expenses for storm restoration and repair. This is likely to have dented AEP’s bottom line in the to-be-reported quarter. However, lower depreciation costs due to the expiration of the Rockport Unit 2 lease may have partially offset the impact of higher operating expenses. The Zacks Consensus Estimate for second-quarter earnings is pegged at $1.14 per share. This indicates a decrease of 5% from the prior-year reported figure. American Electric Power Company, Inc. Price and EPS Surprise American Electric Power Company, Inc. price-eps-surprise | American Electric Power Company, Inc. Quote What the Zacks Model Unveils Our proven model does not conclusively predict an earnings beat for American Electric this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is not the case here. Earnings ESP: The company’s Earnings ESP is 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. Zacks Rank: AEP carries a Zacks Rank #4 (Sell). Stocks to Consider Here are three utility players you may want to consider as these have the right combination of elements to post an earnings beat this season: Exelon Corporation EXC has an Earnings ESP of +0.12% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here. The Zacks Consensus Estimate for its second-quarter sales, pegged at $4.40 billion, implies growth of 3.8% from the prior-year quarter’s tally. EXC has a four-quarter negative earnings surprise of 1.47%. The Zacks Consensus Estimate for Exelon’s second-quarter earnings is pegged at 41 cents per share. Public Service Enterprise Group Incorporated PEG has an Earnings ESP of +3.97% and a Zacks Rank #2. The Zacks Consensus Estimate for its second-quarter earnings is pegged at 64 cents per share, flat with the prior-year quarter’s reported figure. The Zacks Consensus Estimate for PEG’s second-quarter sales is pegged at $2.03 billion. This suggests a 2.3% decline from the prior-year reported figure. Ameren Corporation AEE has an Earnings ESP of +11.82% and a Zacks Rank #3. The Zacks Consensus Estimate for Ameren’s second-quarter revenues is pegged at $1.73 billion, implying growth of 0.3% from the year-ago quarter. The Zacks Consensus Estimate for AEE’s second-quarter earnings is pegged at 70 cents per share. The company’s four-quarter average earnings surprise stands at 4.70%. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Zacks Reveals ChatGPT ""Sleeper"" Stock One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other ""must buys."" Plus more. Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Ameren Corporation (AEE) : Free Stock Analysis Report Public Service Enterprise Group Incorporated (PEG) : Free Stock Analysis Report American Electric Power Company, Inc. (AEP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-07-26,42.98,43.525,42.875,43.2,"[""PSEG (PEG) Set to Report Q2 Earnings: What's in the Cards? Public Service Enterprise Group Incorporated PEG, or PSEG, is slated to report its second-quarter 2023 results on Aug 1 before the opening bell. Its bottom line outpaced the Zacks Consensus Estimate in the last reported quarter, with a 14.88% surprise. The stock boasts a four-quarter average earnings surprise of 4.33%. Factors to Note In the second quarter of 2023, PSEG\u2019s service territories witnessed warmer-than-normal temperatures resulting in increased electricity demand for cooling purposes. This is expected to have contributed to the company\u2019s second-quarter revenues. Moreover, favorable rate hikes in the prior quarters may have boosted its second-quarter revenues. However, its service territories may have been impacted by tornados accompanied by gusty winds in the second quarter, which is likely to have disrupted the smooth flow of electricity to its customers. This may have negatively impacted PSEG\u2019s second-quarter revenues. The Zacks Consensus Estimate for second-quarter revenues is pegged at $2.03 billion, suggesting a decrease of 2.3% from the year-ago quarter. Extreme weather conditions, as mentioned above, may have caused infrastructural damage for the utility, increasing its operating expenses for restoration and repair. This is likely to have weighed on its bottom line in the to-be-reported quarter. The Zacks Consensus Estimate for second-quarter earnings is pegged at 62 cents per share, indicating a decline of 3.1% from the prior-year reported figure. Public Service Enterprise Group Incorporated Price and EPS Surprise Public Service Enterprise Group Incorporated price-eps-surprise | Public Service Enterprise Group Incorporated Quote What the Zacks Model Unveils Our proven model predicts an earnings beat for PSEG this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is the case here. Earnings ESP: PEG\u2019s Earnings ESP is +1.94%. You can uncover the best stocks to buy or sell before they\u2019re reported with our Earnings ESP Filter. Zacks Rank: PSEG carries a Zacks Rank #2. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. Other Stocks to Consider Here are three more utility players you may want to consider as these also have the right combination of elements to post an earnings beat this season: Exelon Corporation EXC has an Earnings ESP of +0.12% and a Zacks Rank #3. The Zacks Consensus Estimate for its second-quarter sales, pegged at $4.40 billion, implies growth of 3.8% from the prior-year quarter\u2019s tally. EXC has a four-quarter average earnings surprise of 1.47%. The Zacks Consensus Estimate for Exelon\u2019s second-quarter earnings is pegged at 41 cents per share. Consolidated Edison ED has an Earnings ESP of +1.40% and a Zacks Rank #2. The Zacks Consensus Estimate for its second-quarter earnings is pegged at 57 cents per share. The Zacks Consensus Estimate for ED\u2019s second-quarter sales is pegged at $3.28 billion. This suggests a 3.9% decline from the prior-year reported figure. Ameren Corporation AEE has an Earnings ESP of +2.05% and a Zacks Rank #3. The Zacks Consensus Estimate for Ameren\u2019s second-quarter revenues is pegged at $1.73 billion, implying growth of 0.3% from the year-ago quarter. The Zacks Consensus Estimate for AEE\u2019s second-quarter earnings is pegged at 75 cents per share. The company\u2019s four-quarter average earnings surprise is 4.70%. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Top 5 ChatGPT Stocks Revealed Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. Today you can invest in the wave of the future, an automation that answers follow-up questions \u2026 admits mistakes \u2026 challenges incorrect premises \u2026 rejects inappropriate requests. As one of the selected companies puts it, \u201cAutomation frees people from the mundane so they can accomplish the miraculous.\u201d Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Ameren Corporation (AEE) : Free Stock Analysis Report Public Service Enterprise Group Incorporated (PEG) : Free Stock Analysis Report Consolidated Edison Inc (ED) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""4 Utilities Set to Outperform Estimates This Earnings Season Per the latest Earnings Preview, the Zacks Utilities sector\u2019s second-quarter 2023 earnings are expected to decline 2.4% and revenues are expected to drop 1%. The capital-intensive utility stocks were impacted by increased interest rates and rising operating costs. Further, cost management, customer growth, systematic investment to strengthen infrastructure to increase the resilience of the system and new rates implemented in their service territories boosted revenues. With the assistance of the Zacks Stock Screener, we have identified four utilities, namely Exelon Corporation EXC, Consolidated Edison ED, Public Service Enterprise Group PEG and Atmos Energy ATO, which are poised to beat the Zacks Consensus Estimate this earnings season. These stocks have the ideal combination of two ingredients \u2014 a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) \u2014 to surpass expectations. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. The Utilities sector\u2019s second-quarter earnings started on a positive note, with NextEra Energy reporting an earnings surprise. Factors That Likely Impacted Performances Domestic-focused companies operating in the sector are concentrating on cost management and the implementation of energy-efficiency programs. New rates and customer additions are creating fresh demand, and assisting the utilities. Investments in strengthening the infrastructure are allowing utilities to provide services even during extreme conditions, leading to stable earnings. Capital-intensive utilities need massive funds to upgrade, maintain and expand their infrastructure and operations. The performances of the utilities are likely to have been adversely impacted by the increase in interest rates from near-zero levels. Utilities have been focused on improving productivity and their cost structures through investments in digital technologies, integrating key systems and analyzing data to make proper decisions to improve overall operations. The utilities continue to invest smart capital that assists in cutting operating and maintenance expenses, and fuel costs, in turn, keeping the utility bills affordable for customers. Utilities have been adding more renewable and clean energy sources to their production portfolios, and cutting down the use of coal and other polluting sources in their generation portfolios. Weather in the second quarter was mild and adversely impacted the use per customer during the quarter. Expected Outperformers Exelon is engaged in the transmission and distribution of electricity. Exelon\u2019s customers benefited from the tax reforms, energy efficiency programs and cost-saving initiatives undertaken by the company. Exelon has been working on its plans to invest $31.3 billion during the 2023-2026 period to strengthen its infrastructure. The Zacks Consensus Estimate for second-quarter earnings is pegged at 41 cents, indicating a decline of 6.82% from the year-ago reported figure. EXC currently has an Earnings ESP of +0.12% and a Zacks Rank #3. Exelon Corporation Price and EPS Surprise Exelon Corporation price-eps-surprise | Exelon Corporation Quote Consolidated Edison, through its subsidiaries, is engaged in regulated electric, gas and steam delivery businesses. The company has a capital expenditure plan of $14.6 billion for the 2023-2025 period. The Zacks Consensus Estimate for its second-quarter earnings is pegged at 57 cents, suggesting a decline of 10.94% from the year-ago reported figure. ED presently has an Earnings ESP of +1.4% and a Zacks Rank #2. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. Consolidated Edison Inc Price and EPS Surprise Consolidated Edison Inc price-eps-surprise | Consolidated Edison Inc Quote Public Service Enterprise is a diversified energy company. It provides electric transmission, and electric and gas distribution services to residential, commercial and industrial customers. The company has a solid portfolio of regulated and non-regulated utility assets that offer stable earnings and significant long-term growth potential. It has been working on its plan to invest $9.6 billion in the 2023-2026 period to strengthen its operations. The Zacks Consensus Estimate for Public Service Enterprise\u2019s second-quarter earnings is pegged at 62 cents, implying a decline of 3.13% from the year-ago reported figure. PEG currently has an Earnings ESP of +1.94% and a Zacks Rank #2. Public Service Enterprise Group Incorporated Price and EPS Surprise Public Service Enterprise Group Incorporated price-eps-surprise | Public Service Enterprise Group Incorporated Quote Atmos Energy is engaged in the regulated natural gas distribution and storage business. The company plans to invest $11 billion through fiscal 2027. The Zacks Consensus Estimate for Atmos Energy's fiscal third-quarter earnings is pegged at 95 cents, suggesting an increase of 3.26% from the year-ago reported figure. ATO has an Earnings ESP of +6.88% and a Zacks Rank #2 at present. Atmos Energy Corporation Price and EPS Surprise Atmos Energy Corporation price-eps-surprise | Atmos Energy Corporation Quote Top 5 ChatGPT Stocks Revealed Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. Today you can invest in the wave of the future, an automation that answers follow-up questions \u2026 admits mistakes \u2026 challenges incorrect premises \u2026 rejects inappropriate requests. As one of the selected companies puts it, \u201cAutomation frees people from the mundane so they can accomplish the miraculous.\u201d Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Public Service Enterprise Group Incorporated (PEG) : Free Stock Analysis Report Consolidated Edison Inc (ED) : Free Stock Analysis Report Atmos Energy Corporation (ATO) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-07-27,43.12,43.28,41.845,41.96,"[""Entergy (ETR) to Report Q2 Earnings: What's in the Offing? Entergy Corporation ETR is set to release second-quarter 2023 results on Aug 2, before the opening bell. In the last reported quarter, the company delivered a negative earnings surprise of 14.93%. Entergy boasts a four-quarter average earnings surprise of 7.53%. Factors to Consider In the second quarter, territories served by Entergy mostly witnessed warmer-than-normal weather pattern. This is likely to have resulted in higher electricity consumption for cooling purposes by the company\u2019s customers, thereby boosting its revenue growth in the to-be-reported quarter. However, hail storms and wildfire affected Entergy\u2019s service areas during some parts of the quarter. This, in turn, is likely to have impacted the company\u2019s overall top-line performance. Also, lower sales to Cogent customers compared with that in 2022 might have had an adverse impact on ETR\u2019s revenues. Entergy Corporation Price and EPS Surprise Entergy Corporation price-eps-surprise | Entergy Corporation Quote The Zacks Consensus Estimate for revenues is pegged at $3.27 billion, indicating a decline of 3.8% from the year-ago period\u2019s level. The company might have incurred higher operation and maintenance cost for restoring and repairing the damages associated with the extreme weather conditions that affected Entergy\u2019s service areas during the second quarter. This, in turn, might have impacted Entergy\u2019s overall earnings performance. The Zacks Consensus Estimate for second-quarter earnings is pegged at $1.69 per share, indicating a 5.1% decrease from the year-ago quarter\u2019s number. Earnings Whispers Our proven model does not conclusively predict an earnings beat for Entergy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is not the case here. Earnings ESP: The company\u2019s Earnings ESP is -0.18 %. You can uncover the best stocks to buy or sell before they\u2019re reported with our Earnings ESP Filter. Zacks Rank: Entergy currently carries a Zacks Rank #2. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. Stocks to Consider Here are three utility players you may want to consider as these have the right combination of elements to post an earnings beat this reporting cycle. Exelon Corporation EXC has an Earnings ESP of +0.12% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for second-quarter sales is pegged at $4.40 billion, implying growth of 3.8% year over year. EXC has a four-quarter average earnings surprise of 1.47%. The Zacks Consensus Estimate for second-quarter earnings is pegged at 41 cents per share. Consolidated Edison ED has an Earnings ESP of +1.40% and a Zacks Rank #2 at present. The Zacks Consensus Estimate for second-quarter earnings is pegged at 57 cents per share. The consensus estimate for ED\u2019s second-quarter sales is pegged at $3.28 billion, indicating a year-over-year decline of 3.9%. ED has a four-quarter average earnings surprise of 9.51%. Ameren Corporation AEE has an Earnings ESP of +2.05% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for Ameren\u2019s second-quarter revenues is pegged at $1.75 billion, implying growth of 1.5% from the year-ago quarter\u2019s level. The consensus mark for AEE\u2019s second-quarter earnings is pegged at 75 cents per share. The company has a four-quarter average earnings surprise of 4.70%. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Free Report: Top EV Battery Stocks to Buy Now Just-released report reveals 5 stocks to profit as millions of EV batteries are made. Elon Musk tweeted that lithium prices have gone to \""insane levels,\"" and they're likely to keep climbing. As a result, a handful of lithium battery stocks are set to skyrocket. Access this report to discover which battery stocks to buy and which to avoid. Download free today. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Ameren Corporation (AEE) : Free Stock Analysis Report Entergy Corporation (ETR) : Free Stock Analysis Report Consolidated Edison Inc (ED) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""FirstEnergy (FE) to Report Q2 Earnings: What's in the Cards? FirstEnergy Corporation FE is scheduled to release second-quarter 2023 results on Aug 1, after market close. The company had delivered a negative earnings surprise of 1.7% in the last reported quarter. Let\u2019s discuss the factors that are likely to be reflected in the upcoming quarterly results. Factors to Consider During the second quarter, FirstEnergy started a project to minimize service interruptions by strengthening its underground electrical network. The project also involves installation of fresh underground transformers and safety equipment that will further increase the reliability of FE\u2019s services and reduce the duration of power outages. The company\u2019s subsidiary, American Transmission Systems, upgraded a high-voltage transmission line in Clark County, OH, during the quarter. This is expected to further strengthen the regional transmission system and improve service reliability for about 35,000 consumers in the area. Such developments are likely to have boosted FE\u2019s earnings in the to-be-reported quarter as it will ensure 24x7 power supply to its customers. Other operating and maintenance expenses and network transmission expenses are expected to have declined due to regular maintenance and upgrading of the transmission lines. This is likely to have a positive impact on the company\u2019s quarterly results. Expectations The Zacks Consensus Estimate for second-quarter earnings is pegged at 46 cents per share, indicating a year-over-year decrease of 13.2%. The consensus mark for revenues is pinned at $3 billion, implying a 6.4% improvement year over year. Our model predicts other operating expenses to decline 8.5% from the year-ago quarter\u2019s reported figure. Our model predicts total weather-adjusted deliveries of 34,416 thousands megawatt-hour, down 11.5% from the previous quarter\u2019s reported figure. Lower weather-related usage from the residential & commercial group is likely to have reduced overall delivery volumes. What Our Quantitative Model Predicts Our proven model does not conclusively predict an earnings beat for FirstEnergy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is not the case here as you will see below. FirstEnergy Corporation Price and EPS Surprise FirstEnergy Corporation price-eps-surprise | FirstEnergy Corporation Quote Earnings ESP: The company\u2019s Earnings ESP is 0.00%. You can uncover the best stocks to buy or sell before they\u2019re reported with our Earnings ESP Filter. Zacks Rank: Currently, FirstEnergy carries a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here. Stocks to Consider Investors may consider the following players from the same industry as they have the right combination of elements to post an earnings beat this reporting cycle. Public Service Enterprise Group Inc. PEG is expected to come up with an earnings beat when it reports second-quarter results on Aug 1, before market open. It has an Earnings ESP of +1.94% and a Zacks Rank #2 at present. PEG\u2019s long-term (three to five years) earnings growth rate is 4.85%. It delivered an average earnings surprise of 4.33% in the last four quarters. Exelon Corporation EXC is likely to report an earnings beat when it announces second-quarter results on Aug 2, before market open. It has an Earnings ESP of +0.12% and a Zacks Rank #3 at present. EXC\u2019s long-term earnings growth rate is 6.3%. It delivered an average earnings surprise of 1.5% in the last four quarters. Consolidated Edison ED is likely to come up with an earnings beat when it reports second-quarter results on Aug 3, after market close. It has an Earnings ESP of +1.4% and a Zacks Rank #2 at present. ED\u2019s long-term earnings growth rate is 2%. It delivered an average earnings surprise of 9.5% in the last four quarters. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Free Report: Top EV Battery Stocks to Buy Now Just-released report reveals 5 stocks to profit as millions of EV batteries are made. Elon Musk tweeted that lithium prices have gone to \""insane levels,\"" and they're likely to keep climbing. As a result, a handful of lithium battery stocks are set to skyrocket. Access this report to discover which battery stocks to buy and which to avoid. Download free today. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report FirstEnergy Corporation (FE) : Free Stock Analysis Report Public Service Enterprise Group Incorporated (PEG) : Free Stock Analysis Report Consolidated Edison Inc (ED) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-07-28,42.08,42.335,41.53,41.7,"[""Exelon (EXC) to Report Q2 Earnings: Here's What to Expect Exelon Corporation EXC is scheduled to release second-quarter 2023 results on Aug 2, before market open. The company delivered an earnings surprise of 6.06% in the last reported quarter. Let\u2019s discuss the factors that are likely to be reflected in the upcoming quarterly results. Factors to Consider Exelon\u2019s second-quarter earnings are expected to benefit from new distribution rates that were implemented during the first quarter in service territories of Delmarva Power & Light Company, Commonwealth Edison Company and PECO Energy Company. The company\u2019s second-quarter earnings are expected to have benefited from its reduction in volumetric risk as approximately 73% of its distribution revenues are decoupled. The bottom line is also likely to benefit from energy efficiency programs and cost-saving initiatives. Such initiatives are expected to result in lower operating and maintenance (O&M) expenses. Expectations The Zacks Consensus Estimate for earnings is pegged at 41 cents per share, indicating a year-over-year decrease of 6.8%. The consensus mark for revenues is pinned at $4.38 billion, implying a year-over-year improvement of 3.4%. Our model predicts O&M expenses of $1,001.1 million during the to-be-reported quarter, down 9.7% from the year-ago quarter\u2019s reported figure. Quantitative Model Predicts Our proven model conclusively predicts an earnings beat for Exelon this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here as you will see below. Exelon Corporation Price and EPS Surprise Exelon Corporation price-eps-surprise | Exelon Corporation Quote Earnings ESP: The company\u2019s Earnings ESP is +0.12%. You can uncover the best stocks to buy or sell before they\u2019re reported with our Earnings ESP Filter. Zacks Rank: Currently, Exelon carries a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here. Other Stocks to Consider Investors may also consider the following players from the same industry as these too have the right combination of elements to post an earnings beat this reporting cycle. Public Service Enterprise Group Inc. PEG is expected to come up with an earnings beat when it reports second-quarter results on Aug 1, before market open. It has an Earnings ESP of +0.66% and a Zacks Rank #2 at present. PEG\u2019s long-term (three to five years) earnings growth rate is 4.85%. It delivered an average earnings surprise of 4.33% in the last four quarters. TransAlta TAC is likely to come up with an earnings beat when it reports second-quarter results on Aug 4, before market open. It has an Earnings ESP of +217.65% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for earnings is pegged at 6 cents per share, indicating a year-over-year increase of 125%. The consensus mark for 2023 earnings is pinned at $1.03 per share, implying a year-over-year improvement of 1,387.5%. ALLETE ALE is likely to report an earnings beat when it announces second-quarter results on Aug 8, before market open. It has an Earnings ESP of +2.56% and a Zacks Rank #3 at present. ALE\u2019s long-term earnings growth rate is 8.1%. The Zacks Consensus Estimate for earnings is pegged at 78 cents per share, indicating a year-over-year increase of 16.4%. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Public Service Enterprise Group Incorporated (PEG) : Free Stock Analysis Report TransAlta Corporation (TAC) : Free Stock Analysis Report Allete, Inc. (ALE) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ameren (AEE) to Report Q2 Earnings: What's in the Cards? Ameren Corporation AEE is slated to report second-quarter 2023 results on Aug 2, after market close. In the last reported quarter, the company delivered an earnings surprise of 6.38%. In the trailing four quarters, it delivered an average earnings surprise of 4.70%. Factors to Note For majority of the second quarter, Ameren\u2019s operational regions witnessed warmer-than-normal temperature patterns which, in turn, is expected to have favorably contributed to the company\u2019s revenues in the quarter under review. Ameren Corporation Price and EPS Surprise Ameren Corporation price-eps-surprise | Ameren Corporation Quote Moreover, strong rate-based growth plans, supported by strategic infrastructure investments across all its business segments, might have added impetus to AEE\u2019s overall second-quarter revenues. The Zacks Consensus Estimate for revenues is pegged at $1.75 billion, indicating growth of 1.5% from the year-ago quarter\u2019s level. During the second quarter, parts of AEE\u2019s service territories witnessed a few tornadoes, which might have hurt the company\u2019s infrastructure, thereby raising its operating expenses. This, in turn, is expected to have hurt AEE\u2019s bottom-line performance in the soon-to-be-reported quarter. Nevertheless, the company\u2019s disciplined cost management might have had some favorable impact on its overall earnings results. The Zacks Consensus Estimate for second-quarter earnings is pegged at 78 cents per share, indicating a decline of 2.5% from the prior-year quarter\u2019s reported figure. What the Zacks Model Unveils Our proven model does not conclusively predict an earnings beat for Ameren this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is not the case here. Earnings ESP: AEE\u2019s Earnings ESP is 0.00%. You can uncover the best stocks to buy or sell before they\u2019re reported with our Earnings ESP Filter. Zacks Rank: Ameren currently carries a Zacks Rank #3. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. Stocks to Consider Here are three utility players you may want to consider as these have the right combination of elements to post an earnings beat this reporting cycle. Exelon Corporation EXC has an Earnings ESP of +0.12% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for second-quarter sales is pegged at $4.38 billion, implying growth of 3.4% year over year. EXC has a four-quarter average earnings surprise of 1.47%. The consensus estimate for earnings is pegged at 41 cents per share. Consolidated Edison ED has an Earnings ESP of +1.40% and a Zacks Rank #2 at present. The Zacks Consensus Estimate for second-quarter earnings is pegged at 57 cents per share. The consensus estimate for sales is pinned at $3.28 billion, indicating a year-over-year decline of 3.9%. The company has a four-quarter average earnings surprise of 9.51%. Public Service Enterprise Group PEG has an Earnings ESP of +1.94% and a Zacks Rank #2 at present. The Zacks Consensus Estimate for Public Service Enterprise\u2019s second-quarter revenues is pegged at $2.03 billion, implying a decline of 2.01% year over year. The consensus mark for earnings is pegged at 62 cents per share. The company has a four-quarter average earnings surprise of 4.33%. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Ameren Corporation (AEE) : Free Stock Analysis Report Public Service Enterprise Group Incorporated (PEG) : Free Stock Analysis Report Consolidated Edison Inc (ED) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-07-31,41.5,42.075,41.34,41.86,
EXC,2023-08-01,41.81,42.01,41.45,41.47,"[""Utility Stocks' Earnings to Watch on Aug 2: ATO & More So far, a handful of the S&P 500 members from the Zacks Utilities sector have released their second-quarter earnings. Another cohort of major utility stocks, including Atmos Energy ATO, Exelon EXC, NiSource NI and Entergy Corp. ETR, is set to announce earnings on Aug 2. Factors to Consider Domestic-focused utility companies are focused on cost management and implementation of energy-efficiency programs. Favorable rate revision and customer additions have been creating fresh demand as well as assisting the utilities. Investment in strengthening the infrastructure has been allowing utilities to provide services even during extreme conditions, leading to stable earnings. Domestic-focused operations also insulate utilities against the adverse impact of currency fluctuation. These factors are projected to contribute to this sector\u2019s second-quarter results. Utilities have been aggressively adding more renewable and clean energy sources to their production portfolios, and cutting down the use of coal and other polluting sources in their generation portfolios. Many utilities have already pledged to provide 100% electricity from clean sources in the next few decades. We expect the second-quarter results from utility companies to reflect such clean energy developments. Utilities have also been focused on improving productivity and cost structures through investments in digital technologies, integrating key systems and analyzing data to make proper decisions to improve overall operations. They continue to invest smart capital that helps reduce operating and maintenance expenses and fuel costs. This, in turn, helps customers save money on utility bills. This is likely to get reflected in the customer growth rate for these utility providers in their second-quarter results. However, the fact that utilities need massive funds to upgrade, maintain and expand their infrastructure and operations, has made their operations difficult in the current interest rate scenario. Thus, the capital-intensive utilities are likely to have experienced higher borrowing costs, thanks to the rise in interest rates from near-zero levels, which in turn might have hurt their bottom-line performance. Also, fluctuating weather conditions across major parts of the United States are likely to have unfavorably impacted the utilities\u2019 performance in the April-June quarter. Q2 Expectations Total second-quarter earnings and revenues of Utility stocks are expected to decline 5.7% and 0.7%, respectively, on a year-over-year basis. For more details on quarterly releases, you can go through our latest Earnings Preview. Utilities' Earnings in Focus Let's take a look at the following utility companies that are scheduled to post their quarterly report on Aug 2 and find out how things might have shaped up prior to the announcements. Atmos Energy delivered a four-quarter average earnings surprise of 4.92%. Strong customer growth and contribution from the organic assets are expected to have benefited its fiscal third-quarter performance. The new rates approved in the first nine months of fiscal 2023 increased the company\u2019s operating income, which might have had a positive impact on its quarterly earnings (read more: Atmos Energy to Report Q3 Earnings: What's in Store?). According to the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. Atmos Energy has an Earnings ESP of +6.88% and a Zacks Rank #2. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. You can uncover the best stocks to buy or sell before they\u2019re reported with our Earnings ESP Filter. Atmos Energy Corporation Price and EPS Surprise Atmos Energy Corporation price-eps-surprise | Atmos Energy Corporation Quote Exelon delivered a four-quarter average earnings surprise of 1.47%. New distribution rates were implemented during the second quarter in service territories of Delmarva Power & Light Company, Commonwealth Edison Company and PECO Energy Company. This is likely to have had favorably contributed to EXC\u2019s second-quarter revenue growth. The company\u2019s earnings are expected to have benefited from energy efficiency programs and cost-saving initiatives. Exelon currently has an Earnings ESP of -0.37% and a Zacks Rank #3 (read more: Exelon to Report Q2 Earnings: Here's What to Expect). Exelon Corporation Price and EPS Surprise Exelon Corporation price-eps-surprise | Exelon Corporation Quote NiSource delivered a four-quarter average earnings surprise of 0.51%. Its regulated assets, efficient capital investment recovery mechanism and strong balance sheet are likely to have boosted margins in the soon-to-be-reported quarter. The company\u2019s earnings are likely to have benefited from new electric and gas rates that came into effect in the first half of this year. NiSource currently has an Earnings ESP of 0.00% and a Zacks Rank #2 (read more: NiSource to Report Q2 Earnings: What's in the Cards?). NiSource, Inc Price and EPS Surprise NiSource, Inc price-eps-surprise | NiSource, Inc Quote Entergy delivered a four-quarter average earnings surprise of 7.53%. In the second quarter, territories served by Entergy mostly witnessed warmer-than-normal weather pattern. This is likely to have boosted its revenue growth in the to-be-reported quarter. The company\u2019s second-quarter earnings are likely to have been impacted by higher operation and maintenance expense to restore and repair the damages caused by hail storms and wildfire in its service area during the same quarter. Entergy currently has an Earnings ESP of -0.18% and a Zacks Rank #2 (read more: Entergy to Report Q2 Earnings: What's in the Offing?). Entergy Corporation Price and EPS Surprise Entergy Corporation price-eps-surprise | Entergy Corporation Quote Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It\u2019s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is \u201cWill you get into the right stocks early when their growth potential is greatest?\u201d Zacks has released a Special Report to help you do just that, and today it\u2019s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale. Download FREE: How To Profit From Trillions On Spending For Infrastructure >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NiSource, Inc (NI) : Free Stock Analysis Report Entergy Corporation (ETR) : Free Stock Analysis Report Atmos Energy Corporation (ATO) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""FirstEnergy (FE) Surpasses Q2 Earnings and Revenue Estimates FirstEnergy (FE) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.17%. A quarter ago, it was expected that this utility company would post earnings of $0.61 per share when it actually produced earnings of $0.60, delivering a surprise of -1.64%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. FirstEnergy, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $3.01 billion for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 3.88%. This compares to year-ago revenues of $2.82 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. FirstEnergy shares have lost about 6.1% since the beginning of the year versus the S&P 500's gain of 19.5%. What's Next for FirstEnergy? While FirstEnergy has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for FirstEnergy: favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.90 on $3.64 billion in revenues for the coming quarter and $2.53 on $13.03 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the top 41% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Exelon (EXC), another stock in the same industry, has yet to report results for the quarter ended June 2023. The results are expected to be released on August 2. This energy company is expected to post quarterly earnings of $0.40 per share in its upcoming report, which represents a year-over-year change of -9.1%. The consensus EPS estimate for the quarter has been revised 3.5% higher over the last 30 days to the current level. Exelon's revenues are expected to be $4.38 billion, up 3.4% from the year-ago quarter. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It\u2019s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is \u201cWill you get into the right stocks early when their growth potential is greatest?\u201d Zacks has released a Special Report to help you do just that, and today it\u2019s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale. Download FREE: How To Profit From Trillions On Spending For Infrastructure >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report FirstEnergy Corporation (FE) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for August 2, 2023 : CVS, TRI, HUM, RACE, EMR, PSX, JCI, TT, KHC, EXC, YUM, ABC The following companies are expected to report earnings prior to market open on 08/02/2023. Visit our Earnings Calendar for a full list of expected earnings releases. CVS Health Corporation (CVS)is reporting for the quarter ending June 30, 2023. The drug store company's consensus earnings per share forecast from the 11 analysts that follow the stock is $2.12. This value represents a 11.67% decrease compared to the same quarter last year. In the past year CVS has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 6.28%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for CVS is 8.68 vs. an industry ratio of 5.80, implying that they will have a higher earnings growth than their competitors in the same industry. Thomson Reuters Corp (TRI)is reporting for the quarter ending June 30, 2023. The technology services company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.77. This value represents a 24.19% increase compared to the same quarter last year. In the past year TRI has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 4.94%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for TRI is 40.01 vs. an industry ratio of -3.90, implying that they will have a higher earnings growth than their competitors in the same industry. Humana Inc. (HUM)is reporting for the quarter ending June 30, 2023. The hmo company's consensus earnings per share forecast from the 9 analysts that follow the stock is $8.88. This value represents a 2.42% increase compared to the same quarter last year. In the past year HUM has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 1.41%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for HUM is 16.15 vs. an industry ratio of 17.40. Ferrari N.V. (RACE)is reporting for the quarter ending June 30, 2023. The auto (truck) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.77. This value represents a 22.07% increase compared to the same quarter last year. In the past year RACE has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 10.83%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for RACE is 48.25 vs. an industry ratio of 11.10, implying that they will have a higher earnings growth than their competitors in the same industry. Emerson Electric Company (EMR)is reporting for the quarter ending June 30, 2023. The machinery company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.09. This value represents a 21.01% decrease compared to the same quarter last year. EMR missed the consensus earnings per share in the 4th calendar quarter of 2022 by -11.36%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for EMR is 21.75 vs. an industry ratio of 20.00, implying that they will have a higher earnings growth than their competitors in the same industry. Phillips 66 (PSX)is reporting for the quarter ending June 30, 2023. The oil refining company's consensus earnings per share forecast from the 7 analysts that follow the stock is $3.54. This value represents a 47.71% decrease compared to the same quarter last year. PSX missed the consensus earnings per share in the 4th calendar quarter of 2022 by -7.83%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for PSX is 8.13 vs. an industry ratio of 14.60. Johnson Controls International plc (JCI)is reporting for the quarter ending June 30, 2023. The protection safety company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.03. This value represents a 21.18% increase compared to the same quarter last year. In the past year JCI has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2023 Price to Earnings ratio for JCI is 19.48 vs. an industry ratio of 18.00, implying that they will have a higher earnings growth than their competitors in the same industry. Trane Technologies plc (TT)is reporting for the quarter ending June 30, 2023. The technology services company's consensus earnings per share forecast from the 9 analysts that follow the stock is $2.55. This value represents a 18.06% increase compared to the same quarter last year. In the past year TT has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 6.02%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for TT is 23.60 vs. an industry ratio of -3.90, implying that they will have a higher earnings growth than their competitors in the same industry. The Kraft Heinz Company (KHC)is reporting for the quarter ending June 30, 2023. The food company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.74. This value represents a 5.71% increase compared to the same quarter last year. In the past year KHC has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 13.33%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for KHC is 12.61 vs. an industry ratio of 17.80. Exelon Corporation (EXC)is reporting for the quarter ending June 30, 2023. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.40. This value represents a 9.09% decrease compared to the same quarter last year. EXC missed the consensus earnings per share in the 2nd calendar quarter of 2022 by -4.35%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for EXC is 17.81 vs. an industry ratio of 11.50, implying that they will have a higher earnings growth than their competitors in the same industry. Yum! Brands, Inc. (YUM)is reporting for the quarter ending June 30, 2023. The restaurant company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.23. This value represents a 17.14% increase compared to the same quarter last year. Zacks Investment Research reports that the 2023 Price to Earnings ratio for YUM is 27.15 vs. an industry ratio of 33.00. AmerisourceBergen Corporation (Holding Co) (ABC)is reporting for the quarter ending June 30, 2023. The medical/dental supplies company's consensus earnings per share forecast from the 6 analysts that follow the stock is $2.83. This value represents a 8.02% increase compared to the same quarter last year. In the past year ABC has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 6.38%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for ABC is 15.72 vs. an industry ratio of 29.00. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-08-02,41.17,41.65,41.03,41.5,"[""Notable Two Hundred Day Moving Average Cross - EXC In trading on Wednesday, shares of Exelon Corp (Symbol: EXC) crossed below their 200 day moving average of $41.06, changing hands as low as $41.03 per share. Exelon Corp shares are currently trading up about 0.3% on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $35.185 per share, with $47.23 as the 52 week high point \u2014 that compares with a last trade of $41.59. The EXC DMA information above was sourced from TechnicalAnalysisChannel.com Free Report: Top 8%+ Dividends (paid monthly) Click here to find out which 9 other energy stocks recently crossed below their 200 day moving average \u00bb Also see: \u0095 Advertising Dividend Stocks \u0095 LRE Videos \u0095 Top Ten Hedge Funds Holding BREZ The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Beats Q2 Earnings Estimates, Aims to Invest $31.3B Exelon Corporation\u2019s EXC second-quarter 2023 earnings of 41 cents per share surpassed the Zacks Consensus Estimate of 40 cents by 2.5%. Earnings of the company declined 6.8% from the year-ago level. On a GAAP basis, second-quarter earnings were 34 cents per share compared with 47 cents in the year-ago quarter. Total Revenues Exelon's second-quarter total revenues of $4,818 million surpassed the Zacks Consensus Estimate of $4,385 million by 9.9%. The top line was 13.6% higher than the year-ago figure of $4,239 million. Exelon Corporation Price, Consensus and EPS Surprise Exelon Corporation price-consensus-eps-surprise-chart | Exelon Corporation Quote Highlights of the Release Through the first half of 2023, the company has deployed $3.6 billion of investments needed to lead the energy transformation for its customers. Exelon plans to invest $7.2 billion in the second half of 2023 to further strengthen its infrastructure. Exelon's second-quarter total operating expenses increased 16.1% year over year to $4.11 billion. The increase was due to higher power and fuel prices. Operating income was $704 million, up 1.4% year over year. Interest expenses totaled $427 million, up 19.3% from the year-ago quarter. Financial Highlights Cash and cash equivalents were $399 million as of Jun 30, 2023 compared with $407 million as of Dec 31, 2022. Long-term debt was $39,492 million as of Jun 30, 2023 compared with $35,272 million as of Dec 31, 2022. Cash provided by operating activities during the first six months of 2023 was $1,761 million compared with $3,240 million in the corresponding period of 2022. Guidance Exelon reiterated 2023 earnings guidance in the range of $2.30-$2.42 per share. The midpoint of the guided range is $2.36, which is higher than the Zacks Consensus Estimate of $2.35 per share for the same period. The company reaffirmed 6-8% long-term earnings per share growth for the 2022-2026 time period. EXC expects its capital expenditure for the 2023-2026 time period to be $31.3 billion for meeting customer requirements and further strengthening its transmission and distribution operations, as well as serving its 10 million customers efficiently. Zacks Rank Exelon has a Zacks Rank #3 (Hold) at present. You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Other Releases NextEra Energy, Inc. NEE released second-quarter 2023 adjusted earnings of 88 cents per share, which beat the Zacks Consensus Estimate of 83 cents by 6%. The Zacks Consensus Estimate for NEE\u2019s 2023 earnings stands at $3.11 per share, implying a year-over-year improvement of 7.2%. FirstEnergy Corporation FE reported second-quarter 2023 operating earnings per share of 47 cents, which surpassed the Zacks Consensus Estimate of 46 cents by 2.17%. The Zacks Consensus Estimate for FE\u2019s 2023 earnings per share is $6.69, implying year-over-year growth of 4.9%. Xcel Energy Inc. XEL reported second-quarter 2023 operating earnings of 52 cents per share, which missed the Zacks Consensus Estimate of 55 cents by 5.5%. The Zacks Consensus Estimate for XEL\u2019s 2023 earnings stands at $3.34 per share, implying a year-over-year improvement of 5.4%. 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with \""black gold.\"" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Xcel Energy Inc. (XEL) : Free Stock Analysis Report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report FirstEnergy Corporation (FE) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates Exelon (EXC) reported $4.82 billion in revenue for the quarter ended June 2023, representing a year-over-year increase of 13.7%. EPS of $0.41 for the same period compares to $0.44 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $4.38 billion, representing a surprise of +9.89%. The company delivered an EPS surprise of +2.50%, with the consensus EPS estimate being $0.40. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Exelon performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Operating revenues- ComEd [$M]: $1.90 billion versus the four-analyst average estimate of $1.43 billion. The reported number represents a year-over-year change of +33.4%. Operating revenues- PECO [$M]: $828 million versus $857.25 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +1.5% change. Operating revenues- BGE [$M]: $797 million versus $840.84 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +1.4% change. Operating revenues- PHI: $1.31 billion compared to the $1.26 billion average estimate based on three analysts. The reported number represents a change of +6.9% year over year. Electric revenues- ACE: $317 million compared to the $316.95 million average estimate based on two analysts. Electric revenues- DPL: $320 million compared to the $308.66 million average estimate based on two analysts. Electric revenues- BGE: $672 million compared to the $669.40 million average estimate based on two analysts. Electric revenues- PECO: $719 million versus the two-analyst average estimate of $728.15 million. Electric revenues- ComEd: $1.90 billion versus $1.38 billion estimated by two analysts on average. Electric revenues- Pepco: $642 million compared to the $601.86 million average estimate based on two analysts. Adjusted Operating Earnings (non-GAAP)- ComEd: $251 million versus $245.96 million estimated by two analysts on average. Adjusted Operating Earnings (non-GAAP)- PHI: $115 million versus the two-analyst average estimate of $115.31 million. View all Key Company Metrics for Exelon here>>> Shares of Exelon have returned +1% over the past month versus the Zacks S&P 500 composite's +3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with \""black gold.\"" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Surpasses Q2 Earnings and Revenue Estimates Exelon (EXC) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.50%. A quarter ago, it was expected that this energy company would post earnings of $0.66 per share when it actually produced earnings of $0.70, delivering a surprise of 6.06%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Exelon, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $4.82 billion for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 9.89%. This compares to year-ago revenues of $4.24 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Exelon shares have lost about 4.1% since the beginning of the year versus the S&P 500's gain of 19.2%. What's Next for Exelon? While Exelon has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Exelon: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.74 on $5.02 billion in revenues for the coming quarter and $2.35 on $19.72 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the top 43% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, PNM Resources (PNM), has yet to report results for the quarter ended June 2023. The results are expected to be released on August 4. This power company is expected to post quarterly earnings of $0.50 per share in its upcoming report, which represents a year-over-year change of -12.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. PNM Resources' revenues are expected to be $582.11 million, up 16.5% from the year-ago quarter. 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with \""black gold.\"" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report PNM Resources, Inc. (PNM) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon beats revenue estimates on strength in Illinois, Maryland business Aug 2 (Reuters) - Exelon Corp EXC.O on Wednesday reported second-quarter revenue that beat Wall Street expectations on strong performance of its units that serve customers in Illinois and Maryland. The company said consistent utility earnings in the quarter were driven primarily by rate increases at its local energy companies, which helped offset the impact of unfavourable weather and higher interest expense on demand. Exelon is composed of BGE, ComEd, PECO, Atlantic City Electric, Delmarva Power and Pepco and a shared corporate services unit, Exelon Business Services Company. ComEd, which is headquartered in Chicago with more than 4 million customers across the northern Illinois region, saw its quarterly adjusted earnings increase to $251 million, from $229 million in the year-ago period. The segment saw a surge in sales to industrial and commercial customers. Exelon's revenue stood at $4.8 billion, above estimates of $4.2 billion, as per Refinitiv. On an adjusted basis, the company reported a profit of 41 cents per share, in line with analysts' average estimate. (Reporting by Mrinalika Roy in Bengaluru; Editing by Shailesh Kuber) ((mrinalika.roy@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Corp Q2 Profit Decreases, but beats estimates (RTTNews) - Exelon Corp (EXC) revealed a profit for second quarter that decreased from last year but beat the Street estimates. The company's bottom line totaled $343 million, or $0.34 per share. This compares with $465 million, or $0.47 per share, in last year's second quarter. Excluding items, Exelon Corp reported adjusted earnings of $408 million or $0.41 per share for the period. Analysts on average had expected the company to earn $0.40 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company's revenue for the quarter rose 13.7% to $4.82 billion from $4.24 billion last year. Exelon Corp earnings at a glance (GAAP) : -Earnings (Q2): $343 Mln. vs. $465 Mln. last year. -EPS (Q2): $0.34 vs. $0.47 last year. -Analyst Estimates: $0.40 -Revenue (Q2): $4.82 Bln vs. $4.24 Bln last year. -Guidance: Full year EPS guidance: $2.30 - $2.42 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-08-03,41.15,41.25,40.43,40.5,"Guru Fundamental Report for EXC Below is Validea's guru fundamental report for EXELON CORP (EXC). Of the 22 guru strategies we follow, EXC rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown. EXELON CORP (EXC) is a large-cap growth stock in the Electric Utilities industry. The rating using this strategy is 75% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. UNIVERSE: PASS NET PAYOUT YIELD: FAIL QUALITY AND DEBT: PASS VALUATION: PASS RELATIVE STRENGTH: PASS SHAREHOLDER YIELD: FAIL Detailed Analysis of EXELON CORP EXC Guru Analysis EXC Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book ""Shareholder Yield"" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics. Additional Research Links Top Large-Cap Growth Stocks Factor-Based Stock Portfolios Dividend Aristocrats 2023 High Insider Ownership Stocks Top S&P 500 Stocks Excess Returns Investing Podcast About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-08-04,40.73,40.97,39.55,39.92,
EXC,2023-08-07,39.84,40.235,39.84,39.97,
EXC,2023-08-08,39.77,40.115,39.49,40.08,
EXC,2023-08-09,40.03,40.515,39.88,40.25,
EXC,2023-08-10,40.42,40.62,40.12,40.19,"[""Ex-Dividend Reminder: Exelon Corp, Southwest Gas Holdings and American States Water Looking at the universe of stocks we cover at Dividend Channel, on 8/14/23, Exelon Corp (Symbol: EXC), Southwest Gas Holdings, Inc. (Symbol: SWX), and American States Water Co (Symbol: AWR) will all trade ex-dividend for their respective upcoming dividends. Exelon Corp will pay its quarterly dividend of $0.36 on 9/8/23, Southwest Gas Holdings, Inc. will pay its quarterly dividend of $0.62 on 9/1/23, and American States Water Co will pay its quarterly dividend of $0.43 on 9/1/23. As a percentage of EXC's recent stock price of $40.50, this dividend works out to approximately 0.89%, so look for shares of Exelon Corp to trade 0.89% lower \u2014 all else being equal \u2014 when EXC shares open for trading on 8/14/23. Similarly, investors should look for SWX to open 0.91% lower in price and for AWR to open 0.49% lower, all else being equal. Below are dividend history charts for EXC, SWX, and AWR, showing historical dividends prior to the most recent ones declared. Exelon Corp (Symbol: EXC): Southwest Gas Holdings, Inc. (Symbol: SWX): American States Water Co (Symbol: AWR): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.56% for Exelon Corp, 3.65% for Southwest Gas Holdings, Inc., and 1.95% for American States Water Co. In Thursday trading, Exelon Corp shares are currently up about 0.6%, Southwest Gas Holdings, Inc. shares are up about 0.6%, and American States Water Co shares are trading flat on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen \u00bb Also see: \u0095 NWSA YTD Return \u0095 CSML market cap history \u0095 News Corp DMA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon's (EXC) Unit ComEd Launches EV Adoption Programs Exelon Corporation\u2019s EXC unit ComEd, in partnership with the regional and municipal leaders, launched a new Electric Vehicle (EV) Charging Delivery Rate option, which entails adopting an expanded network of EV charging infrastructure across Illinois. This should bolster Exelon\u2019s footprint in the expanding EV market of the state. EV Adoption Programs With the rise in the number of EVs, the demand for charging infrastructure increases. Exelon\u2019s EV Charging Delivery Rate option will actively offer a cost-effective alternative to demand-based delivery rates to all nonresidential customers with EV charging. ComEd and Metropolitan Mayors Caucus also announced that they will continue to invest in the EV Readiness program to assist local governments in meeting the growing EV demand. Exelon\u2019s Prospects in U.S. EV Charging Market Per the Grand View Research report, the U.S. EV charging infrastructure market was valued at $3.15 billion in 2022. It is expected to witness a compound annual growth rate of 29.1% during 2023-2030. ComEd aims to spend $231 million over 2023-2025 to help its customers benefit from electricity and other electrified technologies. This plan includes rebates, fleet electrification, programs to educate customers and pilot programs to study electrification benefits. ComEd significantly contributes to the state\u2019s goal of putting 1 million EVs on Illinois roads by 2030. Peer Moves To reap the benefits of the growing U.S. EV charging market, utilities such as Entergy Corp. ETR, American Electric Power AEP and Duke Energy DUK have also been expanding their footprint in the EV market. Entergy\u2019s Electric Technology Program provides incentives to purchase EVs and charging infrastructure. The EV program provides information on choices, economic considerations and the benefits of the same. In August 2023, Entergy New Orleans and Sagewell, Inc. joined forces to incentivize EV owners to charge their vehicles during preset off-peak hours through the Bring Your Own Charger program. ETR\u2019s long-term (three- to five-year) earnings growth rate is pegged at 5.7%. The Zacks Consensus Estimate for its 2023 earnings per share (EPS) indicates an increase of 4.2% over 2022\u2019s reported figure. American Electric Power aims to electrify 40% of its on-road fleet and 50% of the forklifts by 2030. Many of AEP\u2019s companies have taken the initiative to provide rebates to its EV customers. In 2022, AEP Ohio installed more than 350 EV stations across its service territory. AEP\u2019s long-term earnings growth rate is 5.6%. The Zacks Consensus Estimate for its 2023 sales indicates an increase of 3.2% over 2022\u2019s reported figure. Duke Energy aims to convert all of its 4,000 light-duty vehicles and 50% of its 6,000 medium-duty, heavy-duty and off-road vehicles to EVs, plug-in hybrids or other zero-carbon alternatives by 2030. Its Workplace Charging Program, an initiative to increase employee EV adoption, will install numerous chargers in the next five years. DUK\u2019s long-term earnings growth rate is pegged at 6.1%. The Zacks Consensus Estimate for its 2023 sales indicates an increase of 1% over 2022\u2019s reported figure. Price Performance Over the past six months, shares of EXC have lost 2.3% compared with the industry\u2019s decline of 4.4%. Image Source: Zacks Investment Research Zacks Rank Exelon currently has a Zacks Rank #3 (Hold). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Entergy Corporation (ETR) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report American Electric Power Company, Inc. (AEP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-08-11,40.26,40.64,40.0736,40.51,
EXC,2023-08-14,40.12,40.22,39.83,40.08,
EXC,2023-08-15,39.87,39.88,39.505,39.59,"Interesting EXC Put And Call Options For August 18th Investors in Exelon Corp (Symbol: EXC) saw new options begin trading this week, for the August 18th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the EXC options chain for the new August 18th contracts and identified one put and one call contract of particular interest. The put contract at the $39.00 strike price has a current bid of 5 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $39.00, but will also collect the premium, putting the cost basis of the shares at $38.95 (before broker commissions). To an investor already interested in purchasing shares of EXC, that could represent an attractive alternative to paying $39.59/share today. Because the $39.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 77%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 0.13% return on the cash commitment, or 15.60% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $39.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $40.00 strike price has a current bid of 15 cents. If an investor was to purchase shares of EXC stock at the current price level of $39.59/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $40.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 1.41% if the stock gets called away at the August 18th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if EXC shares really soar, which is why looking at the trailing twelve month trading history for Exelon Corp, as well as studying the business fundamentals becomes important. Below is a chart showing EXC's trailing twelve month trading history, with the $40.00 strike highlighted in red: Considering the fact that the $40.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 67%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 0.38% boost of extra return to the investor, or 46.10% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 27%, while the implied volatility in the call contract example is 25%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $39.59) to be 23%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » Also see: • VCEL Historical Stock Prices • Institutional Holders of WMPN • BRC Videos The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-08-16,39.76,39.89,39.605,39.81,
EXC,2023-08-17,39.88,40.305,39.79,39.96,"Guru Fundamental Report for EXC Below is Validea's guru fundamental report for EXELON CORP (EXC). Of the 22 guru strategies we follow, EXC rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown. EXELON CORP (EXC) is a large-cap growth stock in the Electric Utilities industry. The rating using this strategy is 75% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. UNIVERSE: PASS NET PAYOUT YIELD: FAIL QUALITY AND DEBT: PASS VALUATION: PASS RELATIVE STRENGTH: PASS SHAREHOLDER YIELD: FAIL Detailed Analysis of EXELON CORP EXC Guru Analysis EXC Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book ""Shareholder Yield"" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics. Additional Research Links Top Large-Cap Growth Stocks Factor-Based Stock Portfolios Dividend Aristocrats 2023 High Insider Ownership Stocks Top S&P 500 Stocks Excess Returns Investing Podcast About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-08-18,40.08,40.255,39.91,40.01,"[""FirstEnergy's (FE) Unit Penelec to Install TripSaver Devices FirstEnergy Corporation FE announced that its subsidiary Penelec plans to install around 350 automated TripSaver reclosing devices along residential power lines in its service region this year. This initiative is taken in order to reduce the frequency, duration and scope of service interruptions. Penelec is in the fourth year of its five-year program to install 2,000 TripSaver devices throughout its service area. The project is a part of the company\u2019s Long Term Infrastructure Improvement Plan \u2014 a $200-million plan to accelerate capital spending through 2024 in order to help maintain ongoing electric service reliability for Penelec\u2019s 585,000 consumers. This year, the company arm is scheduled to install more TripSavers in and around the communities it serves in the region. Benefits of TripSavers TripSavers are installed by utility employees on neighborhood distribution lines that branch off the primary power line supplying a certain region. When there is a temporary issue with the line, such as when a tree limb contacts the line, the TripSaver can detect when the branch is gone and instantly re-energize the line to stop a prolonged outage in the neighborhood. The TripSaver will restrict the outage to that location and reduce the overall number of impacted customers if it discovers a more serious problem, such as a tree that has fallen on a power line. The sophisticated technology instantly locates the electrical fault's position and aids utility staff in comprehending the root of the outage to speed up restoration. Customer-Focused Initiatives TripSavers can allow a company instantly restore service to its customers instead of dispatching a vehicle and team to check the problem, which is especially helpful in Penelec's broad service territory's remote regions. Both the employees and customers will benefit from the safer and more effective service restoration provided by these devices. Reliability engineers look at outage data to find the best locations for TripSavers, particularly distribution lines with large customer counts in tree-filled areas. The new devices replace some older equipment used to isolate damage and limit the number of impacted customers. The company continues to upgrade its infrastructure to efficiently provide services to its customers. In June 2023, Penelec started a large project to help prevent or minimize service interruptions in downtown Johnstown, Cambria County, by strengthening its underground electrical network. For around 900 downtown customers, the work entails rebuilding crucial sections of one of the four main underground cables. It also involves the installation of fresh underground transformers and safety equipment that can quickly identify and isolate damage when issues arise and redirect electricity through nearby lines to stop or reduce the length of power outages. Investment in Infrastructure Along with FirstEnergy, other electric power companies like Xcel Energy, Inc. XEL, Exelon Corporation EXC and Duke Energy DUK are adopting measures to strengthen their existing infrastructure and provide reliable services to customers. Xcel Energy continues to invest substantially in its utility assets to provide reliable services. It aims to spend $29.5 billion during 2023-2027. These investments are aimed at strengthening and expanding the company\u2019s transmission, distribution, electric generation and renewable projects. XEL\u2019s long-term (three to five years) earnings growth rate is 6.34%. The Zacks Consensus Estimate for 2023 earnings per share (EPS) implies a year-over-year improvement of 5.4%. Exelon invests substantially in infrastructure projects and plans to invest nearly $31.3 billion during 2023-2026 in regulated utility operations for grid modernization and improvement in resilience of its infrastructure for customers\u2019 benefit. EXC\u2019s long-term earnings growth rate is 6.3%. The Zacks Consensus Estimate for 2023 EPS implies a year-over-year improvement of 3.5%. Duke Energy remains focused on expanding its scale of operations and implementing modern technologies at its facilities. It invests heavily in infrastructure and expansion projects. Almost 85% of the company\u2019s planned investment funds its generation fleet transition and grid modernization. This includes approximately $75 billion to modernize and strengthen its transmission and distribution infrastructure. DUK\u2019s long-term earnings growth rate is 6.09%. The Zacks Consensus Estimate for 2023 EPS implies year-over-year growth of 6.3%. Price Performance In the past three months, shares of FirstEnergy have lost 5% compared with the industry\u2019s 5.7% decline. Image Source: Zacks Investment Research Zacks Rank FirstEnergy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with \""black gold.\"" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Xcel Energy Inc. (XEL) : Free Stock Analysis Report FirstEnergy Corporation (FE) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Are Options Traders Betting on a Big Move in Exelon (EXC) Stock? Investors in Exelon Corporation EXC need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 19, 2024 $35.00 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. What do the Analysts Think? Clearly, options traders are pricing in a big move for Exelon shares, but what is the fundamental picture for the company? Currently, Exelon is a Zacks Rank #3 (Hold) Utility - Electric Power industry that ranks in the Bottom 20% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased the earnings estimates for the current quarter, while one has revised the estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from 9 cents per share to 7 cents in that period. Given the way analysts feel about Exelon right now, this huge implied volatility could mean there\u2019s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Looking to Trade Options? Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. Click to see the trades now >> 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with \""black gold.\"" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-08-21,40.01,40.05,39.4,39.74,
EXC,2023-08-22,39.75,40.15,39.64,40.0,
EXC,2023-08-23,40.4,40.43,40.075,40.25,"Barclays Initiates Coverage of Exelon (EXC) with Overweight Recommendation Fintel reports that on August 23, 2023, Barclays initiated coverage of Exelon (NASDAQ:EXC) with a Overweight recommendation. Analyst Price Forecast Suggests 15.93% Upside As of August 2, 2023, the average one-year price target for Exelon is 46.37. The forecasts range from a low of 39.39 to a high of $50.40. The average price target represents an increase of 15.93% from its latest reported closing price of 40.00. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Exelon is 19,564MM, a decrease of 1.65%. The projected annual non-GAAP EPS is 2.39. What is the Fund Sentiment? There are 1905 funds or institutions reporting positions in Exelon. This is a decrease of 87 owner(s) or 4.37% in the last quarter. Average portfolio weight of all funds dedicated to EXC is 0.32%, a decrease of 0.65%. Total shares owned by institutions decreased in the last three months by 1.48% to 945,946K shares. The put/call ratio of EXC is 0.19, indicating a bullish outlook. What are Other Shareholders Doing? Wellington Management Group Llp holds 90,844K shares representing 9.13% ownership of the company. In it's prior filing, the firm reported owning 93,781K shares, representing a decrease of 3.23%. The firm decreased its portfolio allocation in EXC by 87.31% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 30,770K shares representing 3.09% ownership of the company. In it's prior filing, the firm reported owning 30,146K shares, representing an increase of 2.03%. The firm decreased its portfolio allocation in EXC by 8.67% over the last quarter. VWELX - VANGUARD WELLINGTON FUND Investor Shares holds 25,621K shares representing 2.57% ownership of the company. In it's prior filing, the firm reported owning 26,179K shares, representing a decrease of 2.18%. The firm decreased its portfolio allocation in EXC by 4.96% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 23,188K shares representing 2.33% ownership of the company. In it's prior filing, the firm reported owning 22,972K shares, representing an increase of 0.93%. The firm decreased its portfolio allocation in EXC by 9.29% over the last quarter. Bank of New York Mellon holds 21,390K shares representing 2.15% ownership of the company. In it's prior filing, the firm reported owning 25,002K shares, representing a decrease of 16.89%. The firm decreased its portfolio allocation in EXC by 91.23% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. Additional reading: EXELON REPORTS SECOND QUARTER 2023 RESULTS August 2, 2023 Earnings Conference Call Second Quarter 2023 2 Cautionary Statements Regarding Forward-Looking Information This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act Contact: James Gherardi 312-394-7417 Media Hotline James.Gherardi@exeloncorp.com FOR IMMEDIATE RELEASE July 27, 2023 EXELON APPOINTS ANNA RICHO TO BOARD OF DIRECTORS Cargill executive brings decades of legal and ethics experience and further strength Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds. Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits. Click to Learn More This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-08-24,40.31,40.895,40.025,40.08,
EXC,2023-08-25,40.12,40.575,40.07,40.3,
EXC,2023-08-28,40.49,40.625,40.175,40.25,
EXC,2023-08-29,40.3,40.69,40.21,40.5,
EXC,2023-08-30,40.42,40.67,40.265,40.42,"[""EONGY or EXC: Which Is the Better Value Stock Right Now? Investors looking for stocks in the Utility - Electric Power sector might want to consider either E.ON SE (EONGY) or Exelon (EXC). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits. Currently, E.ON SE has a Zacks Rank of #2 (Buy), while Exelon has a Zacks Rank of #3 (Hold). Investors should feel comfortable knowing that EONGY likely has seen a stronger improvement to its earnings outlook than EXC has recently. But this is just one piece of the puzzle for value investors. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years. EONGY currently has a forward P/E ratio of 9.91, while EXC has a forward P/E of 17.20. We also note that EONGY has a PEG ratio of 0.77. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. EXC currently has a PEG ratio of 2.73. Another notable valuation metric for EONGY is its P/B ratio of 1.39. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, EXC has a P/B of 1.61. These are just a few of the metrics contributing to EONGY's Value grade of A and EXC's Value grade of C. EONGY has seen stronger estimate revision activity and sports more attractive valuation metrics than EXC, so it seems like value investors will conclude that EONGY is the superior option right now. Zacks Reveals ChatGPT \""Sleeper\"" Stock One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other \""must buys.\"" Plus more. Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report E.ON SE (EONGY) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""EONGY or EXC: Which Is the Better Value Stock Right Now? Investors looking for stocks in the Utility - Electric Power sector might want to consider either E.ON SE (EONGY) or Exelon (EXC). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits. Currently, E.ON SE has a Zacks Rank of #2 (Buy), while Exelon has a Zacks Rank of #3 (Hold). Investors should feel comfortable knowing that EONGY likely has seen a stronger improvement to its earnings outlook than EXC has recently. But this is just one piece of the puzzle for value investors. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years. EONGY currently has a forward P/E ratio of 9.91, while EXC has a forward P/E of 17.20. We also note that EONGY has a PEG ratio of 0.77. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. EXC currently has a PEG ratio of 2.73. Another notable valuation metric for EONGY is its P/B ratio of 1.39. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, EXC has a P/B of 1.61. These are just a few of the metrics contributing to EONGY's Value grade of A and EXC's Value grade of C. EONGY has seen stronger estimate revision activity and sports more attractive valuation metrics than EXC, so it seems like value investors will conclude that EONGY is the superior option right now. Zacks Reveals ChatGPT \""Sleeper\"" Stock One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other \""must buys.\"" Plus more. Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report E.ON SE (EONGY) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-08-31,40.49,40.6,40.12,40.12,"[""Top Stock Reports for Oracle, Abbott & Sanofi Thursday, August 31, 2023 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 15 major stocks, including Oracle Corporation (ORCL), Abbott Laboratories (ABT) and Sanofi (SNY). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today\u2019s research reports here >>> Oracle shares have outperformed the Zacks Tech (+47.5% vs. +40.2%) as well as the broader market (+47.5% vs. +18.6% for the S&P 500 index) over the year-to-date period. The company is benefiting from the ongoing momentum across its cloud business, driven by the strong uptake of Oracle Cloud Infrastructure services and Autonomous Database offerings. Solid adoption of cloud-based applications, comprising NetSuite Enterprise Resource Planning (ERP) and Fusion ERP bodes well. Oracle\u2019s Gen 2 Cloud is delivering better performance at a lower cost due to high bandwidth and low-latency RDMA networks. Partnerships with NVIDIA and Microsoft benefits Oracle. Oracle is partnering with NVIDIA to build the world's largest high-performance computer, an AI computer, with 16,000 GPUs. The company also announced that it is launching a generative AI cloud service for enterprise customers. However, stiff competition is hurting growth. (You can read the full research report on Oracle here >>>) Shares of Abbott have outperformed the Zacks Medical - Products industry over the past six months (+4.6% vs. +0.5%). The company is strategically expanding its global presence to address the unmet demand for advanced medical technologies. Within the EPD business, which is solely based in emerging markets, the Zacks analyst expects Abbott to register a sales CAGR of nearly 5% through fiscal 2025. Within Core Diagnostics, Abbott is gaining market share following the end of the public health emergency, particularly in the United States and Europe region. Within Diabetes Care, Abbott is scaling up the production of Libre and gaining reimbursement approval in several countries. Innovations and market expansion efforts are helping it offset the impact of inflation and supply disruptions. However, a steep year-over-year decline in COVID testing-related sales hurt growth. Further, the decision to exit the pediatric nutrition business in China might impede overall growth in the coming period. (You can read the full research report on Abbott >>) Sanofi shares have outperformed the Zacks Large Cap Pharmaceuticals industry over the year-to-date period (+14.8% vs. +9.5%). The company\u2019s specialty Care unit is on a strong footing, particularly with outstanding growth trajectory of Dupixent, which has become the key top-line driver for Sanofi. Dupixent enjoys strong demand trends across all approved indications and geographies. Sanofi possesses a leading vaccine portfolio, which has become the primary top-line driver. Its R&D pipeline is strong. Several data readouts are expected in 2023. The company has also launched several new drugs in the past couple of years and is expanding its pipeline through M&A deals. However, headwinds include the weak performance of diabetes drugs and recent negative pipeline developments. (You can read the full research report on Sanofi here >>>) Other noteworthy reports we are featuring today include Exelon Corporation (EXC), Realty Income Corporation (O) and Hilton Worldwide Holdings Inc. (HLT). Director of Research Sheraz Mian Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>> Today's Must Read Oracle (ORCL) Gains from Cloud Suite Adoption & Partnerships Organic Sales Gain, EPD Business Growth Aid Abbott (ABT) Dupixent to Remain Sanofi's (SNY) Key Top-Line Driver Featured Reports Business Separation & Regulated Investment Aid Exelon (EXC) Per the Zacks analyst, Exelon's separation from Constellation Energy will allow former to focus on transmission & distribution operations. Its planned $31.3B investment will strengthen operation. Realty Income (O) to Ride on Solid Tenant Base, Investments Per the Zacks Analyst, Realty Income is poised to benefit from its focus on service, non-discretionary and low-price retail tenants and accretive investments. However, high interest rates are a woe. Healthy Backlog, New Orders Aid Dover (DOV) Amid Cost Woes Per the Zacks analyst, healthy backlogs and new order levels will aid Dover's performance in the upcoming quarters. However, elevated costs and supply chain issues will remain headwinds. Strong Portfolio & Acquisitions to Drive PTC's Performance Per the Zacks analyst, PTC's performance is being driven by robust demand for its CAD and PLM products. Weak global macroeconomic conditions along with stiff competition remain concerns. HydroChemPSC Buyout Aids Clean Harbors (CLH) Amid Liquidity Woes Per the Zacks analyst, the acquisition of HydroChemPSC has generated multiple cross-selling opportunities for Clean Harbors, Low liquidity remains a concern. Strong Group Protection Aid Lincoln National (LNC) Amid Cost Woes Per the Zacks analyst, a resurging group protection business, courtesy of better underwriting, should aid Lincoln National's results. However, higher costs might hamper margins. New Upgrades Strong Leisure Demand & Expansion Efforts Aid Hilton (HLT) Per the Zacks analyst, Hilton is benefiting from solid RevPAR growth owing to strong leisure demand and recovery in international inbound travel. Also, focus on expansion efforts bodes well. Paylocity Holding (PCTY) Benefits From Growing Customer Base Per the Zacks Analyst, Paylocity Holding is benefiting from a rising product attach rate and comprehensive product offerings that are helping in expanding its clientele Backlog Growth & Strategic Initiatives Aid Gibraltar (ROCK) Per the Zacks analyst, Gibraltar is benefiting from solid backlog levels along with organic growth, improving solar module supply, increased volume and supply-chain optimization initiatives. New Downgrades Imperial Oil (IMO) Hurt by High Breakeven Costs The Zacks analyst is concerned about Imperial Oil's insufficient takeaway capacity and high breakeven costs associated with Canada's oil sands, potentially impacting its profitability Stiff Competition, Forex Volatility Impairs Catalent (CTLT) The Zacks analyst is worried about Catalent's operation in a highly competitive market. Unfavorable currency movement is an added issue. Paramount Global (PARA) Hurt By Dull Media Advertising Revenues Per the Zacks analyst, sluggish media advertising revenues and declining domestic affiliate revenues are major headwinds for Paramount Global. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2023. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sanofi (SNY) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report Abbott Laboratories (ABT) : Free Stock Analysis Report Oracle Corporation (ORCL) : Free Stock Analysis Report Realty Income Corporation (O) : Free Stock Analysis Report Hilton Worldwide Holdings Inc. (HLT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) to Gain From Cost Management & $31B Investment Exelon Corporation EXC, post-separation from Constellation Energy, is solely focused on the transmission and distribution of energy. EXC\u2019s cost-saving initiatives and stable operations enable it to generate a steady cash flow and reward its shareholders. However, stringent regulations and the risk of malfunctioning equipment or facilities used in delivery systems could interrupt electric transmission and electric and natural gas delivery. Tailwinds Exelon invests substantially in infrastructure projects and plans to invest nearly $31.3 billion during the 2023-2026 forecast period in regulated utility operations for grid modernization and increasing the resilience of its infrastructure to benefit customers. EXC will invest $20.8 billion in electric distribution, $6.7 billion in electric transmission and $3.9 billion in gas delivery in the aforesaid time frame. Its systematic investments will support rate base growth of 8% through 2026. The company also targets long-term EPS growth of 6-8% through 2026. Exelon targets lowering operating and maintenance expenses through its cost-saving initiatives. Since 2015, the company has announced more than $1.1 billion in cost reductions that have benefited customers. Its ongoing cost-saving measures, keeping costs below the inflation rate, will further favor customers going forward. Backed by a steady cash flow, Exelon continues to pay out regular dividends to its shareholders. Its current quarterly dividend rate is 36 cents per share, resulting in an annualized dividend of $1.44. The annual dividend reflects a dividend yield of 3.56%, better than the Zacks S&P 500 Composite\u2019s average of 1.65%. Headwinds Exelon\u2019s energy-delivery businesses are highly regulated and could face regulatory or legislative actions that might adversely impact operations or financial results. Fundamental changes in regulation or legislation and violation of tariffs, market rules and anti-manipulation laws could disrupt EXC\u2019s business plans and hurt its operations or financial results. A breakdown of the equipment or facilities used in the delivery systems could interrupt electric transmission and electric and natural gas delivery, which may reduce revenues and increase maintenance and capital expenditures. Price Performance In the last three months, Exelon\u2019s shares have returned 2.4% against the industry\u2019s decline of 2.4%. Image Source: Zacks Investment Research Stocks to Consider Exelon currently has a Zacks Rank #3 (Hold). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Some utilities in the same industry with a well-chalked-out investment plan for strengthening services are NextEra Energy NEE, American Electric Power Company, Inc. AEP and FirstEnergy Corporation FE. NextEra Energy aims to invest $52.7 billion from 2023 through 2027 to strengthen its infrastructure. Courtesy of persistent renewable asset additions to its generation portfolio and execution across all business segments, NextEra Energy expects to witness strong earnings growth in the long-term. The long-term (three- to five-year) earnings growth of NextEra Energy is currently pegged at 8.38%. American Electric aims to invest nearly $40 billion in its transmission and distribution business during the 2023-2027 period to construct a more efficient grid and deliver custom energy solutions to customers. Its long-term earnings growth is currently pegged at 6-7%. FirstEnergy has plans to invest nearly $18 billion in the 2021-2025 period to strengthen its existing operations. Bolstering the transmission and renewable generation assets will allow the company to transmit electricity even during adverse weather conditions and provide emission-free electricity to customers. Such planned investment will result in annual rate-base growth of 7% over the 2024-2025 period. FirstEnergy expects its earnings per share to improve annually in the range of 6-8% in the long term. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2023. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report FirstEnergy Corporation (FE) : Free Stock Analysis Report American Electric Power Company, Inc. (AEP) : Free Stock Analysis Report Sponsored Links Burnt out? Take These 3 Steps Wharton Executive Education Read More To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-09-01,40.35,40.47,39.62,39.99,"Why Is Exelon (EXC) Down 0.9% Since Last Earnings Report? A month has gone by since the last earnings report for Exelon (EXC). Shares have lost about 0.9% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Exelon due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Exelon Beats Q2 Earnings Estimates, Aims to Invest $31.3B Exelon Corporation’s second-quarter 2023 earnings of 41 cents per share surpassed the Zacks Consensus Estimate of 40 cents by 2.5%. Earnings of the company declined 6.8% from the year-ago level. On a GAAP basis, second-quarter earnings were 34 cents per share compared with 47 cents in the year-ago quarter. Total Revenues Exelon's second-quarter total revenues of $4,818 million surpassed the Zacks Consensus Estimate of $4,385 million by 9.9%. The top line was 13.6% higher than the year-ago figure of $4,239 million. Highlights of the Release Through the first half of 2023, the company has deployed $3.6 billion of investments needed to lead the energy transformation for its customers. Exelon plans to invest $7.2 billion in the second half of 2023 to further strengthen its infrastructure. Exelon's second-quarter total operating expenses increased 16.1% year over year to $4.11 billion. The increase was due to higher power and fuel prices. Operating income was $704 million, up 1.4% year over year. Interest expenses totaled $427 million, up 19.3% from the year-ago quarter. Financial Highlights Cash and cash equivalents were $399 million as of Jun 30, 2023 compared with $407 million as of Dec 31, 2022. Long-term debt was $39,492 million as of Jun 30, 2023 compared with $35,272 million as of Dec 31, 2022. Cash provided by operating activities during the first six months of 2023 was $1,761 million compared with $3,240 million in the corresponding period of 2022. Guidance Exelon reiterated 2023 earnings guidance in the range of $2.30-$2.42 per share. The midpoint of the guided range is $2.36, which is higher than the Zacks Consensus Estimate of $2.35 per share for the same period. The company reaffirmed 6-8% long-term earnings per share growth for the 2022-2026 time period. EXC expects its capital expenditure for the 2023-2026 time period to be $31.3 billion for meeting customer requirements and further strengthening its transmission and distribution operations, as well as serving its 10 million customers efficiently. How Have Estimates Been Moving Since Then? In the past month, investors have witnessed a downward trend in estimates revision. VGM Scores At this time, Exelon has a subpar Growth Score of D, though it is lagging a bit on the Momentum Score front with an F. However, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been broadly trending downward for the stock, and the magnitude of these revisions has been net zero. Notably, Exelon has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-09-05,39.99,40.0,39.18,39.51,
EXC,2023-09-06,39.56,39.895,39.47,39.86,"RBC Capital Maintains Exelon (EXC) Sector Perform Recommendation Fintel reports that on September 6, 2023, RBC Capital maintained coverage of Exelon (NASDAQ:EXC) with a Sector Perform recommendation. Analyst Price Forecast Suggests 15.58% Upside As of August 30, 2023, the average one-year price target for Exelon is 46.07. The forecasts range from a low of 39.39 to a high of $50.40. The average price target represents an increase of 15.58% from its latest reported closing price of 39.86. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Exelon is 19,564MM, a decrease of 1.65%. The projected annual non-GAAP EPS is 2.39. What is the Fund Sentiment? There are 1846 funds or institutions reporting positions in Exelon. This is a decrease of 115 owner(s) or 5.86% in the last quarter. Average portfolio weight of all funds dedicated to EXC is 0.31%, a decrease of 3.05%. Total shares owned by institutions decreased in the last three months by 0.80% to 942,636K shares. The put/call ratio of EXC is 0.17, indicating a bullish outlook. What are Other Shareholders Doing? Wellington Management Group Llp holds 90,844K shares representing 9.13% ownership of the company. In it's prior filing, the firm reported owning 93,781K shares, representing a decrease of 3.23%. The firm decreased its portfolio allocation in EXC by 10.10% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 30,978K shares representing 3.11% ownership of the company. In it's prior filing, the firm reported owning 30,770K shares, representing an increase of 0.67%. The firm decreased its portfolio allocation in EXC by 9.66% over the last quarter. VWELX - VANGUARD WELLINGTON FUND Investor Shares holds 25,621K shares representing 2.57% ownership of the company. In it's prior filing, the firm reported owning 26,179K shares, representing a decrease of 2.18%. The firm decreased its portfolio allocation in EXC by 4.96% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 23,680K shares representing 2.38% ownership of the company. In it's prior filing, the firm reported owning 23,188K shares, representing an increase of 2.08%. The firm decreased its portfolio allocation in EXC by 10.05% over the last quarter. Bank of New York Mellon holds 21,390K shares representing 2.15% ownership of the company. In it's prior filing, the firm reported owning 25,002K shares, representing a decrease of 16.89%. The firm decreased its portfolio allocation in EXC by 23.79% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. Additional reading: EXELON REPORTS SECOND QUARTER 2023 RESULTS August 2, 2023 Earnings Conference Call Second Quarter 2023 2 Cautionary Statements Regarding Forward-Looking Information This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act Contact: James Gherardi 312-394-7417 Media Hotline James.Gherardi@exeloncorp.com FOR IMMEDIATE RELEASE July 27, 2023 EXELON APPOINTS ANNA RICHO TO BOARD OF DIRECTORS Cargill executive brings decades of legal and ethics experience and further strength Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds. Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits. Click to Learn More This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-09-07,40.23,40.945,40.1,40.57,
EXC,2023-09-08,40.655,40.93,40.46,40.58,"FirstEnergy's (FE) Arm to Boost Transmission Line in Eastern Ohio FirstEnergy Corporation’s FE subsidiary American Transmission Systems, Inc. (ATSI) started upgrading 20 miles of a high-voltage power line in the Ohio counties of Belmont and Harrison in order to reinforce the local transmission system. The reconstructed 138-kilovolt line, which is the third stage of a bigger 64-mile transmission project, will increase service reliability, boost system resilience and handle potential increases in consumer demand for power. The 20-mile stretch connects a substation in Belmont County, OH, to a substation in Columbiana County, OH, and is the southernmost part of the larger 64-mile project. In January 2023, the company completed the upgrade of the first 13-mile segment, located in the West Township area of Columbiana County and the August Township and Washington Township areas of Carroll County. In May 2023, work was completed on a further 9-mile section that runs through Harrison County's Rumley Township and Carroll County's Perry Township. Benefits of the Move The 20-mile line runs through the cities of St. Clairsville, Athens Township in Harrison County, Richland Township in Belmont County, Mead Township in Belmont County, and Pultney Township in Belmont County. The work will involve constructing bigger cables that can handle more electrical load and meet increased consumer demand in addition to replacing old wooden pole structures with new steel monopoles. The project is anticipated to be completed in late 2024. The brand new, cutting-edge infrastructure is anticipated to boost system performance and lessen the frequency of service outages for users. In the future, the project will also help FirstEnergy in meeting the rising need for secure, reliable electricity in homes and businesses of eastern Ohio. The project is a part of the multi-year effort Energizing the Future, which aims to modernize FE's transmission system with cutting-edge machinery and technology that will help further strengthen the power grid. Through 2022, FirstEnergy has invested more than $10 billion to the Energizing the Future program. Need for Upgrades A rise in temperature not only increases the demand for electricity but also poses a threat to electric infrastructure. These upgrades and maintenance tasks are crucial to maintaining service reliability and ensuring customer satisfaction. FirstEnergy has been strengthening its transmission and distribution operations. During the second-quarter, the company upgraded its 69-kilovolt transmission line which traverses Springfield Township and Moorefield Township for a distance of slightly more than 11 miles to the northeast, with sections of the line running alongside Interstate 68. ATSI replaced 105 wood poles over a six-mile stretch of the line and installed five new steel poles on foundations to help reduce unanticipated outages brought on by extreme weather. Utilities’ Focus on Infrastructure In order to provide reliable services to customers, utilities make systematic investment to upgrade transmission and distribution lines and develop new substations. The objective is to warrant proper supply of electricity to millions of customers across the United States. Along with FirstEnergy, other electric power companies like Xcel Energy, Inc. XEL, Exelon Corporation EXC and Duke Energy DUK are adopting measures to strengthen their existing infrastructure. Xcel Energy aims to spend $29.5 billion during 2023-2027, out of which the company plans to invest nearly $18 billion in strengthening its electric distribution and transmission operations. XEL’s long-term (three to five years) earnings growth rate is 6.07%. The Zacks Consensus Estimate for 2023 earnings per share (EPS) implies a year-over-year improvement of 5.4%. Exelon invests substantially in infrastructure projects. It plans to spend nearly $31.3 billion during 2023-2026 on regulated utility operations for grid modernization and enhancement of its infrastructure’s resilience. EXC’s long-term earnings growth rate is 6.3%. The Zacks Consensus Estimate for 2023 EPS implies a year-over-year improvement of 3.5%. Duke Energy remains focused on expanding its scale of operations and implementing modern technologies at its facilities. Almost 85% of the company’s planned investment funds its generation fleet transition and grid modernization. This includes approximately $75 billion to modernize and strengthen its transmission and distribution infrastructure. DUK’s long-term earnings growth rate is 6.09%. The Zacks Consensus Estimate for 2023 EPS implies a year-over-year increase of 6.5%. Price Performance In the past month, shares of FirstEnergy have lost 2% compared with the industry’s 5.1% decline. Image Source: Zacks Investment Research Zacks Rank FirstEnergy currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Zacks Reveals ChatGPT ""Sleeper"" Stock One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other ""must buys."" Plus more. Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Xcel Energy Inc. (XEL) : Free Stock Analysis Report FirstEnergy Corporation (FE) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-09-11,40.58,41.1,40.54,40.58,
EXC,2023-09-12,40.5,40.645,40.225,40.56,"UK discount retailer Poundland to buy up to 71 Wilko stores Adds background on Wilko in paragraphs 3, 4, Pepco in paragraph 6 LONDON, Sept 12 (Reuters) - British discount retailer Poundland said on Tuesday it would buy up to 71 Wilko stores and convert the collapsed homeware and household goods chain's sites into its own brand. Poundland, which is owned by Warsaw-listed Pepco PCOP.WA and has 800 stores in Britain, plans to offer roles to Wilko workers and expects the rebranded stores to open in the fourth quarter of 2023, it added. Wilko fell into administration last month having failed to secure emergency funding to get through a slowdown in trading. Its administrators PwC said on Monday all Wilko stores are due to close next month as a buyer could not be found in time and put the job losses from the shutdown at 9,100. ""We will continue to engage with other retailers around any interest in other Wilko sites and are confident of completing a sale of the brand and intellectual property within the coming days,"" PwC said. Separately on Tuesday, Pepco, which also owns the Pepco and Dealz brands in Europe, announced the departure of its CEO Trevor Masters without disclosing a reason for the decision, and cut its annual core profit guidance. (Reporting by Sachin Ravikumar; editing by William James and James Davey) ((saisachin.r@tr.com; Twitter: @sachinr27;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-09-13,40.64,41.32,40.63,41.13,
EXC,2023-09-14,41.36,41.925,41.29,41.84,"Bullish Two Hundred Day Moving Average Cross - EXC In trading on Thursday, shares of Exelon Corp (Symbol: EXC) crossed above their 200 day moving average of $41.42, changing hands as high as $41.57 per share. Exelon Corp shares are currently trading up about 1% on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $35.185 per share, with $44.365 as the 52 week high point — that compares with a last trade of $41.57. The EXC DMA information above was sourced from TechnicalAnalysisChannel.com Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average » Also see: • Leon Cooperman Stock Picks • LPTX Average Annual Return • MYN Videos The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-09-15,41.88,42.155,41.59,41.65,
EXC,2023-09-18,41.78,41.82,41.215,41.49,
EXC,2023-09-19,41.41,41.48,40.96,41.07,
EXC,2023-09-20,41.33,41.37,40.755,40.83,
EXC,2023-09-21,40.77,41.1,40.45,40.46,"[""FirstEnergy's (FE) Unit to Enhance Power Line in Monmouth County FirstEnergy Corporation\u2019s FE subsidiary Jersey Central Power & Light (\u201cJCP&L\u201d) has begun upgrading two miles of a high-voltage power line in Monmouth County. This initiative will increase service reliability and help reduce service disruptions for its customers. The upgrade is the fourth in a line of initiatives aimed at improving reliability for Central Jersey customers. In 2022, JCP&L began construction on two projects to upgrade 19 miles of transmission power lines in the Monmouth County region. This initiative will further benefit nearly 50,000 customers. The subsidiary aims to spend $223 million for upgrading more than 60 miles of transmission lines around the county. Benefits of the Upgrade The 34.5-kilovolt power line runs south from JCP&L's Elberon Substation to its Allenhurst Substation, traversing Long Branch, Ocean Township, Deal and Allenhurst. As part of the project, JCP&L aims to install new poles, wires and equipment in place of the existing ones that have been there since the 1970s. More electrical load can be carried by the newly built cables, which will also be able to handle increased customer demand. In case of unanticipated service outages on nearby lines, it will also be able to carry more electricity. The project is expected to be completed by the end of 2023. Additionally, this operation provides a backup power source that will help keep the lights on if the normal power cables or equipment need to be repaired or taken out of service. The project is a part of the multi-year effort Energizing the Future, which aims to modernize FE's transmission system with cutting-edge machinery and technology that will help further strengthen the power grid and reduce the frequency and duration of customer outages. Through 2022, FirstEnergy has invested more than $10 billion to the Energizing the Future program. Need for Upgrades A rise in temperature not only increases the demand for electricity but also poses a threat to electric infrastructure. These upgrades and maintenance tasks are crucial to maintaining service reliability and ensuring customer satisfaction. FirstEnergy has been strengthening its transmission and distribution operations. During the second-quarter, the company upgraded its 69-kilovolt transmission line. This line traverses Springfield Township and Moorefield Township for a distance of slightly more than 11 miles to the northeast, with sections of the line running alongside Interstate 68. Utilities\u2019 Focus on Infrastructure In order to provide reliable services to customers, utilities make systematic investments to upgrade transmission and distribution lines and develop new substations. The objective is to warrant proper supply of electricity to millions of customers across the United States. Along with FirstEnergy, other electric power companies like Xcel Energy, Inc. XEL, Exelon Corporation EXC and Duke Energy DUK are adopting measures to strengthen their existing infrastructure. Xcel Energy aims to spend $29.5 billion during 2023-2027, out of which it plans to invest nearly $18 billion in strengthening its electric distribution and transmission operations. XEL\u2019s long-term (three to five years) earnings growth rate is 6.07%. The Zacks Consensus Estimate for 2023 earnings per share (EPS) implies a year-over-year improvement of 5.4%. Exelon invests substantially in infrastructure projects. It plans to spend nearly $31.3 billion during 2023-2026 on regulated utility operations for grid modernization and enhancement of its infrastructure\u2019s resilience. EXC\u2019s long-term earnings growth rate is 6.3%. The Zacks Consensus Estimate for 2023 EPS implies a year-over-year improvement of 3.5%. Duke Energy remains focused on expanding its scale of operations and implementing modern technologies at its facilities. Almost 85% of the company\u2019s planned investment funds its generation fleet transition and grid modernization. This includes approximately $75 billion to modernize and strengthen its transmission and distribution infrastructure. DUK\u2019s long-term earnings growth rate is 6.09%. The Zacks Consensus Estimate for 2023 EPS implies a year-over-year increase of 6.5%. Price Performance In the past month, shares of FirstEnergy have risen 1.4% compared with the industry\u2019s 2.1% growth. Image Source: Zacks Investment Research Zacks Rank FirstEnergy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Xcel Energy Inc. (XEL) : Free Stock Analysis Report FirstEnergy Corporation (FE) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""POR or EXC: Which Is the Better Value Stock Right Now? Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Portland General Electric (POR) and Exelon (EXC). But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits. Portland General Electric has a Zacks Rank of #2 (Buy), while Exelon has a Zacks Rank of #3 (Hold) right now. This means that POR's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is only part of the picture for value investors. Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels. The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value. POR currently has a forward P/E ratio of 16.39, while EXC has a forward P/E of 17.35. We also note that POR has a PEG ratio of 2.72. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. EXC currently has a PEG ratio of 2.75. Another notable valuation metric for POR is its P/B ratio of 1.38. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, EXC has a P/B of 1.62. These are just a few of the metrics contributing to POR's Value grade of B and EXC's Value grade of C. POR has seen stronger estimate revision activity and sports more attractive valuation metrics than EXC, so it seems like value investors will conclude that POR is the superior option right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Portland General Electric Company (POR) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Morgan Stanley Maintains Exelon (EXC) Overweight Recommendation Fintel reports that on September 21, 2023, Morgan Stanley maintained coverage of Exelon (NASDAQ:EXC) with a Overweight recommendation. Analyst Price Forecast Suggests 12.83% Upside As of August 30, 2023, the average one-year price target for Exelon is 46.07. The forecasts range from a low of 39.39 to a high of $50.40. The average price target represents an increase of 12.83% from its latest reported closing price of 40.83. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Exelon is 19,564MM, a decrease of 1.65%. The projected annual non-GAAP EPS is 2.39. What is the Fund Sentiment? There are 1849 funds or institutions reporting positions in Exelon. This is a decrease of 113 owner(s) or 5.76% in the last quarter. Average portfolio weight of all funds dedicated to EXC is 0.31%, a decrease of 3.41%. Total shares owned by institutions decreased in the last three months by 0.81% to 942,548K shares. The put/call ratio of EXC is 0.19, indicating a bullish outlook. What are Other Shareholders Doing? Wellington Management Group Llp holds 90,844K shares representing 9.13% ownership of the company. In it's prior filing, the firm reported owning 93,781K shares, representing a decrease of 3.23%. The firm decreased its portfolio allocation in EXC by 10.10% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 30,978K shares representing 3.11% ownership of the company. In it's prior filing, the firm reported owning 30,770K shares, representing an increase of 0.67%. The firm decreased its portfolio allocation in EXC by 9.66% over the last quarter. VWELX - VANGUARD WELLINGTON FUND Investor Shares holds 25,621K shares representing 2.57% ownership of the company. In it's prior filing, the firm reported owning 26,179K shares, representing a decrease of 2.18%. The firm decreased its portfolio allocation in EXC by 4.96% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 23,680K shares representing 2.38% ownership of the company. In it's prior filing, the firm reported owning 23,188K shares, representing an increase of 2.08%. The firm decreased its portfolio allocation in EXC by 10.05% over the last quarter. Bank of New York Mellon holds 21,390K shares representing 2.15% ownership of the company. In it's prior filing, the firm reported owning 25,002K shares, representing a decrease of 16.89%. The firm decreased its portfolio allocation in EXC by 23.79% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds. Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits. Click to Learn More This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-09-22,40.46,40.56,39.86,40.21,
EXC,2023-09-25,40.04,40.32,39.75,40.3,
EXC,2023-09-26,40.09,40.1,39.09,39.15,
EXC,2023-09-27,39.12,39.23,38.55,38.8,
EXC,2023-09-28,38.82,38.92,37.78,37.88,"[""Exelon To Pay More Than $46 Mln Penalty To Settle SEC Fraud Charges (RTTNews) - Exelon Corp. (EXC) agreed to pay a civil penalty of $46.2 million to settle the U.S. Securities and Exchange Commission's fraud charges over a political corruption scheme against Exelon and its unit Commonwealth Edison Company. The SEC charged Exelon, electric utility company Commonwealth Edison Company or ComEd, and former ComEd CEO Anne Pramaggiore with fraud in connection with a multi-year scheme to corruptly influence and reward then-Speaker of the Illinois House of Representatives Michael Madigan. The charges against Pramaggiore will be litigated. According to the SEC's order against Exelon and ComEd, from 2011 through 2019, ComEd arranged for various associates of Madigan to obtain jobs, subcontracts, and monetary payments, all with the intent to influence Madigan regarding legislation favorable to ComEd. The order found that ComEd arranged payments to Madigan's associates through third-party vendors to conceal the size of the payments and to assist ComEd in denying responsibility for oversight of Madigan's associates, who in some instances did little to none of the work for which they were hired. The order found that ComEd made indirect payments totaling more than $1.3 million to Madigan's associates. In a deferred prosecution agreement entered into with criminal authorities, ComEd acknowledged that Madigan's support of legislation favoring ComEd resulted in reasonably foreseeable anticipated benefits to ComEd of more than $150 million. The SEC's complaint against Pramaggiore alleged that she participated in, and in some instances directed, the bribery scheme. The complaint alleged that Pramaggiore did not disclose the bribery scheme and instead misled investors when she characterized ComEd's lobbying activities as legitimate. The complaint also alleged that, as part of the scheme, Pramaggiore lied to Exelon's auditors and filed false certifications. The SEC seeks permanent injunctive relief, disgorgement plus prejudgment interest, a civil penalty, and an officer and director bar against Pramaggiore. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Don\u2019t Miss the Boom: 7 Utilities Stocks Set to Explode Higher InvestorPlace - Stock Market News, Stock Advice & Trading Tips Amid a still-stubbornly high backdrop of inflation, the narrative for utilities stocks to buy stands as a cynical bright spot. Basically, everyone must pay their bills associated with core services. Otherwise, no pay, no play. Fundamentally, utilities stocks benefit from a natural monopoly. Legally speaking, an enterprise could potentially compete with a utility powerhouse. However, the barriers to entry \u2013 from the costs involved and the regulatory hoops \u2013 prevent would-be rivals from even trying. Therefore, these established giants can almost do whatever they want. Second, there\u2019s no trade-down effect involved with utilities stocks because it\u2019s a binary proposition. Unless you go off the grid completely, you either have the critical service or you don\u2019t. Therefore, folks pay up because they have no choice, which bodes well for the below entities. Duke Energy (DUK) Source: Jonathan Weiss / Shutterstock.com A seemingly top-tier idea among utilities stocks to buy, Duke Energy (NYSE:DUK) theoretically should be performing a lot better than it has. An electric power and natural gas holding firm, Duke provides coverage to compelling regions, such as the Carolinas. With millennials increasingly moving to these places on or near the eastern coastline, Duke operates where the money is going. However, since the January opener, shares have slipped more than 13%. In the trailing one-year period, DUK lost almost 10%, which doesn\u2019t seem congruent with its relevance. However, a look at Fintel\u2019s options flow screener \u2013 which targets big block trades likely made by institutions \u2013 presents an encouraging canvas. While options trades in September have been decidedly bearish, the most recent transaction provides hope. Basically, a major trader (or traders) sold 10,000 contracts of the Nov 17 \u201923 85.00 Put, collecting a $1.06 million premium in the process. In my opinion, that seems aggressively bullish. Also, analysts peg DUK as a moderate buy with a $99.75 target, implying nearly 11% upside potential. Exelon (EXC) Source: photosounds / Shutterstock.com Headquartered in Chicago, Illinois, Exelon (NASDAQ:EXC) is the largest electric parent company in the U.S. by revenue, per its public profile. Given its massive footprint, one might expect EXC to perform well. However, the opposite is true. Since the beginning of this year, EXC has fallen a bit over 10%. In the past 365 days, shares have gone nowhere, dipping 2%. Adding to the worries, major options traders in this case seem bearish on Exelon. For example, on Sept. 26, a trader bought 672 contracts of the Nov 17 \u201923 36.00 Put, paying a premium of nearly $27,000. On Aug. 22, a trader (or several traders) sold 2,708 contracts of the Oct 20 \u201923 42.00 Put, collecting a premium of $144,716. However, the risk for the shorts is that all it takes is a rotation away from speculation and toward more reliable entities. You can\u2019t get much more reliable than massive utilities stocks to buy. If you want to go contrarian, analysts rate EXC a strong buy with a $44.44 price target, implying 15% upside. PG&E (PCG) Source: Pand P Studio / Shutterstock.com One of the top utilities stocks, PG&E (NYSE:PCG) provides electricity and natural gas service to much of Northern and Central California. Right there, PG&E deserves a look for its massive relevance. Love it or hate it, the Golden State represents the economic engine of the U.S. Without California, our nation wouldn\u2019t quite be the massive superpower that it is. Sure enough, investors seem to recognize this overwhelming catalyst. Since the start of the year, PCG gained just under 5%. That\u2019s nothing to write home about but relatively speaking, that\u2019s a decent run. Still, investors should be aware of some storms brewing in the derivatives market. Specifically, a major trader sold 2,601 contracts of the Nov 17 \u201923 17.00 Call, collecting a $158,539 premium. While that\u2019s distracting, keep in mind that PCG stock closed recently at $16.44. All it needs is an understanding that investors may prefer risk-off assets as opposed to risk-on. Thus, it\u2019s possible that PCG can swing higher, blowing up this apparently bearish trade. Oh yeah, analysts rate shares a strong buy with a $19.33 price target. Sempra Energy (SRE) Source: Michael Vi / Shutterstock.com While Sempra Energy (NYSE:SRE) as a business doesn\u2019t get much love from its users, it does plenty to earn the respect of shareholders. Actually, I\u2019m not sure if that\u2019s true in the active sense. Rather, Sempra benefits passively by covering segments of the extremely lucrative Southern California market. As stated earlier with PG&E, California represents an economic powerhouse just by itself. So, SRE is one of the utilities stocks to buy. In fairness, though, it doesn\u2019t seem that way. Since the January opener, SRE slipped almost 10%. In the past 365 days, the security gave up nearly 12% of its equity value. And sure enough, institutional traders seem pessimistic about SRE. For example, an entity sold 1,901 contracts of the Nov 17 \u201923 75.00 Call on Sept. 21, collecting a nearly $230,000 premium. With SRE down at $69.41 recently, that might seem like a good trade. But Sempra\u2019s consistent profitability could move the needle to the upside, blowing up this bear trade. Lastly, analysts peg shares as a moderate buy with an $82.15 price target, implying over 18% upside. NiSource (NI) Source: Shutterstock A concocting mix between speculation and opportunity, NiSource (NYSE:NI) is one of the largest fully regulated utilities stocks in the U.S. Per its public profile, NiSource services approximately 3.5 million natural gas customers and half a million electric customers across six states. That seems powerfully relevant. Unfortunately, NI shares have fallen more than 8% since the January opener. In the past 365 days, NI dipped 7.5%. And in the trailing five years, shares only gained 1%, reflecting how many investors turned to risk-on assets. Adding to the concerns for NI, major traders have been bearish. For instance, on Sept. 27, an entity (or entities) bought 6,099 contracts of the Oct 20 \u201923 25.00 Put, paying a premium of $202,500. With shares trading hands at $25.18 recently, it seems this put will go in the money (ITM). However, implied volatility (IV) runs higher on the far out-the-money (OTM) calls than the OTM puts. In other words, I see a clear risk to the bears that investors will rotate toward more reliable ideas. Finally, analysts rate NI a unanimous strong buy with a $30.80 price target. American Electric Power (AEP) Source: Casimiro PT / Shutterstock.com A major investor-owned electric utility in the U.S., American Electric Power (NASDAQ:AEP) delivers electricity to more than five million customers in 11 states, according to its corporate profile. Also, AEP ranks among the nation\u2019s largest generators of electricity, owning nearly 38,000 megawatts of generating capacity. Sadly, investors don\u2019t seem to care right now. Since the January opener, AEP fell 20%. In the trailing one-year period, AEP gave up about 19% of its equity value. Since the spring doldrums of 2020, AEP has gyrated wildly across the map. In addition, the volatile swings have attracted bearish attention. Looking at Fintel\u2019s options flow screener, the latest major transaction (Sept. 21) involved the selling of 1,000 contracts of the Oct 20 \u201923 82.50 Call. Overall, the net profile seems bearish on AEP. However, it appears that the institutional options trades will expire on Oct. 20. It\u2019s possible that without this overhang beginning the following Monday, AEP might move higher. It\u2019s speculation, of course. Still, AEP carries a strong buy rating with a $93.38 target, implying over 23% upside potential. NextEra Energy (NEE) Source: Proxima Studio / Shutterstock.com On paper, NextEra Energy (NYSE:NEE) seems a shoo-in for utilities stocks to buy. One of the most popular companies given its focus on renewable energy, NextEra commands about 58 gigawatts (GW) of generating capacity. Per its public profile, the company is the largest electric utility holding company by market capitalization. Sadly, it\u2019s not really looking too special in the charts. Since the start of the year, NEE fell more than 28%. Conspicuously, the security gave up nearly 12% of its equity value just in the past one-month period. And even with the decline in market value, NEE trades at a forward earnings multiple of 17.65x. That\u2019s above the sector median of 13.94x, thus ranking worse than 82.48% of the competition. Interestingly, a major trader appears to have bought 4,110 contracts of the Jan 19 \u201924 80.00 Put, paying a premium of $3.65 million. This premium represents 10.86 standard deviations above the mean, which is worrying. Still, if NEE bounces back, it could hurt the bears. Interestingly, analysts rate NEE a strong buy with an average price target of $85.46. On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia. More From InvestorPlace ChatGPT IPO Could Shock the World, Make This Move Before the Announcement Musk\u2019s \u201cProject Omega\u201d May Be Set to Mint New Millionaires. Here\u2019s How to Get In. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post Don\u2019t Miss the Boom: 7 Utilities Stocks Set to Explode Higher appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""XLU, SRE, AEP, EXC: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $186.4 million dollar outflow -- that's a 1.3% decrease week over week (from 230,820,000 to 227,720,000). Among the largest underlying components of XLU, in trading today Sempra (Symbol: SRE) is down about 0.8%, American Electric Power Co Inc (Symbol: AEP) is down about 1.4%, and Exelon Corp (Symbol: EXC) is lower by about 1.6%. For a complete list of holdings, visit the XLU Holdings page \u00bb The chart below shows the one year price performance of XLU, versus its 200 day moving average: Looking at the chart above, XLU's low point in its 52 week range is $59.31 per share, with $73.79 as the 52 week high point \u2014 that compares with a last trade of $59.31. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb. Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb Also see: \u0095 DTYL market cap history \u0095 SCL market cap history \u0095 Top Ten Hedge Funds Holding CAKE The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-09-29,38.08,38.4,37.51,37.79,"[""Energy Sector Update for 09/29/2023: XOM, NFE, SUN, EXC Energy stocks were lower late Friday afternoon with the NYSE Energy Sector Index dropping 1.5% and the Energy Select Sector SPDR Fund (XLE) sliding 1.9%. The Philadelphia Oil Service Sector index fell 2.5% and the Dow Jones US Utilities index rose 0.4%. West Texas Intermediate crude oil was declining 1.1% to $90.75 a barrel while the global benchmark Brent crude contract was little changed at $95.33 a barrel. Henry Hub natural gas futures were down 0.3% at $2.94 per 1 million BTU. In company news, Russia approved rules for the valuation and sale of Exxon Mobil's (XOM) stake in the Sakhalin-1 project, Reuters reported Friday, citing Russian news agency Tass. Exxon shares fell 1.7%. Sunoco (SUN) shares fell 4.1% after Mizuho downgraded the stock to neutral from buy. New Fortress Energy (NFE) said it commissioned a power plant in San Juan, Puerto Rico, with a generation capacity exceeding 200 megawatts. Its shares rose 1.1%. Exelon (EXC) and its Commonwealth Edison unit were fined $46.2 million by the Securities and Exchange Commission in connection with an alleged scheme to \""corruptly influence and reward\"" a former Illinois House of Representatives speaker, the regulator said Thursday. Exelon shares fell 0.3%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Energy Sector Update for 09/29/2023: NFE, SUN, EXC Energy stocks were lower Friday afternoon, with the NYSE Energy Sector Index dropping 1.3% and the Energy Select Sector SPDR Fund (XLE) sliding 1.8%. The Philadelphia Oil Service Sector index was posting a 2.3% drop and the Dow Jones US Utilities index was down 0.2%. West Texas Intermediate crude oil was declining 0.3% to $91.41 a barrel while the global benchmark Brent crude contract was little changed at $95.33 a barrel. Henry Hub natural gas futures were up 0.1% at $2.95 per 1 million BTU. In company news, New Fortress Energy (NFE) said it commissioned a power plant in San Juan, Puerto Rico, with a generation capacity exceeding 200 megawatts. Its shares rose 0.4%. Sunoco (SUN) shares fell 4% after Mizuho downgraded the stock to neutral from buy. Exelon (EXC) and its Commonwealth Edison unit have been fined $46.2 million by the Securities and Exchange Commission in connection with an alleged scheme to \""corruptly influence and reward\"" a former Illinois House of Representatives speaker, the regulator said Thursday. Exelon shares were down almost 1%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-10-02,37.59,37.6483,36.28,36.61,"[""Stocks Settle Mixed as Big Tech Gains Despite Rising Bond Yields What you need to know\u2026 The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.01%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.22%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.83%. Stocks on Monday settled mixed, with the Dow Jones Industrials falling to a 4-month low. A jump in the 10-year T-note yield to a 16-year high undercut the broader equity market Monday. Hawkish comments from Fed Governor Bowman pushed bond yields higher when she said, \""I continue to expect that further interest rate increases will likely be needed to return inflation to 2% in a timely way as high energy prices could reverse some of the progress we have seen on inflation in recent months.\"" T-note yields were also pushed higher after the Sep ISM manufacturing index rose more than expected. Strength in mega-cap technology stocks kept the Nasdaq 100 in positive territory. Stock index futures initially moved higher in overnight trading after U.S. lawmakers late Saturday night reached a deal to avoid a government shutdown and fund the government through November 17, sparking a relief rally in stock index futures. Adding to positive sentiment was better-than-expected Chinese economic news that supports global growth after China Sep manufacturing and Sep non-manufacturing activity expanded more than expected. Goldman Sachs on Monday said mega-cap U.S. tech stocks are likely to do well during the Q3 earnings season after a recent selloff led to lower valuations and \""The divergence between falling valuations and improving fundamentals represents an opportunity for investors.\"" The U.S. Sep ISM manufacturing index rose +1.4 to 49.0, stronger than expectations of 47.9. U.S. Aug construction spending rose +0.5% m/m, right on expectations. The markets are discounting a 31% chance that the FOMC will raise the funds rate by +25 bp at the next FOMC meeting that ends on November 1, and a 51% chance for that +25 bp rate hike at the following meeting that ends on December 13. The markets are then expecting the FOMC to begin cutting rates in the second half of 2024 in response to an expected slowdown in the U.S. economy. U.S. and European bond yields Monday moved higher. The 10-year T-note yield climbed to a 16-year high of 4.701% and finished up +10.6 bp at 4.677%. The 10-year German bund yield rose +8.4 bp to 2.922%. The 10-year UK gilt yield rose to a 1-1/4 month high of 4.5718% and finished up +12.7 bp at 4.564%. The China Sep manufacturing PMI rose +0.5 to a 6-month high of 50.2, stronger than expectations of 50.1. Also, the Sep non-manufacturing PMI rose +0.7 to 51.7, stronger than expectations of 51.6. ECB Vice President Guindos said interest rates at their current levels will help bring down inflation to the ECB's 2% target, and talk of rate cuts by the ECB is premature. The Japan Q3 Tankan large manufacturing business conditions rose +4 to 9, stronger than expectations of 6. Overseas stock markets on Monday settled lower. The Euro Stoxx 50 closed down -0.89%. China\u2019s Shanghai Composite Index was closed for the Golden Week holidays. Japan\u2019s Nikkei 225 today closed -0.31%. Today\u2019s stock movers\u2026 Utility stocks were under pressure Monday from higher T-note yields. As a result, American Electric Power (AEP) closed down more than -4% to lead losers in the Nasdaq 100. Also, Ameren (AEE), Alliant Energy (LNT), FirstEnergy (FE), CenterPoint Energy (CNP), Eversource Energy (ES), Exelon Corp (EXC), and PPL Corp (PPL) closed down more than -4%. Monday\u2019s -2% fall in crude oil prices undercut energy stocks. As a result, Marathon Oil (MRO), Devon Energy (DVN), and Occidental Petroleum (OXY) closed down more than -4%. Also, APA Corp (APA) and Diamondback Energy (FANG) closed down more than -3%. In addition, ConocoPhillips (COP), Hess Corp (HES), and Valero Energy (VLO) closed down more than -2%. Fidelity National Financial (FNF) closed down more than -4% after Keefe, Bruyette & Woods downgraded the stock to market perform from outperform. Target (TGT) closed down more than -3% after Bank of America Global Research cut its price target on the stock to $120 from $135. McDonald\u2019s (MCD) closed down more than -2% after Citigroup cut its target price for the stock to $283 from $317. Norfolk Southern (NSC) closed down more than -2% after Bank of America Global Research downgraded the stock to neutral from buy. Strength in mega-cap technology stocks was supportive of the overall market. Alphabet (GOOGL) and Metal Platforms (META) closed up more than +2%. Also, Apple (AAPL), Amazon.com (AMZN), and Microsoft (MSFT) closed up more than +1%. Discover Financial Services (DFS) closed up more than +4% to lead gainers in the S&P 500 after agreeing to improve its consumer compliance management system and enhance related corporate governance and enterprise risk management practices as part of a consent order issued by the FDIC. Zscaler (ZS) closed up more than +3% to lead gainers in the Nasdaq 100 after Piper Sandler upgraded the stock to overweight from neutral with a price target of $190. Insulet (PODD) closed up more than +3% after Jeffries upgraded the stock to buy from hold, saying the potential for GLP-1 weight-loss drugs to have \u201ca modest drag or no drag\u201d on the insulin-pump opportunity. Nvidia (NVDA) closed up more than +2% after Goldman Sachs added the stock to its Conviction List, saying it sees strong long-term growth prospects for the company. Viatris (VTRS) closed up more than +1% after it said it received an offer of $2.17 billion for its over-the-counter health business from Cooper Consumer Health, a company owned by CVC Capital Partners. Across the markets\u2026 December 10 year T-notes (ZNZ23) Monday closed down -23.5 ticks. The 10-year T-note yield rose +10.6 bp to 4.677%. Dec T-notes Monday matched last Thursday\u2019s 16-year nearest-futures low, and the 10-year T-note yield rose to a new 16-year high of 4.701%. Dec T-notes Monday opened lower after U.S. lawmakers late Saturday night passed legislation to avert a government shutdown, which reduced the safe-haven demand for T-notes. Losses in T-notes accelerated on Monday\u2019s stronger-than-expected Sep ISM manufacturing report and hawkish comments from Fed Governor Bowman, who said she expects additional Fed rate hikes. More Stock Market News from Barchart Dollar Strengthens on Positive U.S. Economic News and Higher Bond Yields From Apple to Walmart: Stock Market Winners and Losers as Student Loan Payments Restart 1 Cathie Wood Stock with 65% Upside Potential Options Traders Go to War on Controversial But Compelling Geo Group (GEO) On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top Stock Reports for Intel, Anheuser-Busch & HCA Healthcare Monday, October 2, 2023 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 12 major stocks, including Intel Corporation (INTC), Anheuser-Busch InBev SA/NV (BUD) and HCA Healthcare, Inc. (HCA). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today\u2019s research reports here >>> Intel shares have lagged the Zacks Zacks Semiconductor industry this year (+35.7% vs. +69.1%), but they have handily outperformed the broader (+35.7% vs. +12.9% for the S&P 500 index). The company is focusing on establishing an advanced semiconductor manufacturing ecosystem and has expanded its production capabilities in Germany and Poland under its IDM 2.0 (integrated device manufacturing) strategy. A concerted focus on increasing market diversification and healthy momentum in data center business are tailwinds. Intel is also expanding its foundry services through partnership with Tower Semiconductor. The launch of its glass substrates for advanced packaging of chips is another positive. However, contraction in the total addressable market across all CPU market segments is a major headwind. Weak demand trends and sluggish recovery in China are hurting sales in Network and Edge Group. Macroeconomic challenges, inventory adjustments and intense market volatility are straining margins. (You can read the full research report on Intel here >>>) Shares of Anheuser-Busch have outperformed the Zacks Beverages - Alcohol industry over the past year (+17.9% vs. -4.1%). The company has been benefiting from continued consumer demand for its brand portfolio. The company\u2019s relentless execution, investment in brands and accelerated digital transformation aided top-line growth in second-quarter 2023. The top line also benefited from strength of the beer category globally. The expansion of the Beyond Beer portfolio, and investments in B2B platforms, e-commerce and digital marketing bode well. For 2023, AB InBev expects EBITDA growth of 4-8%, in line with our estimate of 4%. It anticipates revenue growth to be higher than EBITDA growth, compared to our estimate 6% growth. However, shares of AB InBev lagged the industry year to date. The stock came under pressure due to dismal earnings in the second quarter. AB InBev\u2019s EBIT margin declined in the second-quarter, driven by higher cost of sales and SG&A expenses. (You can read the full research report on Anheuser-Busch here >>>) HCA Healthcare shares have outperformed the Zacks Medical - Hospital industry over the past year (+28.4% vs. +23.7%). The company\u2019s revenues remain on an uptick on the back of a surge in admissions, outpatient surgeries and other procedures. Significant growth in its Managed Medicare operations is expected to drive its performance. Multiple buyouts aided it in increasing patient volumes, enabled network expansion and added hospitals to its portfolio. It has been gaining from its telemedicine business line on the back of the rising digitization trend. HCA Healthcare resorts to prudent capital deployment via share buybacks and dividend payments. However, the company's escalating operating expenses have been weighing on the margins. A high debt level induces rise in interest expenses. As such, the stock warrants a cautious stance. (You can read the full research report on HCA Healthcare here >>>) Other noteworthy reports we are featuring today include Exelon Corporation (EXC), Moderna, Inc. (MRNA) and DuPont de Nemours, Inc. (DD). Director of Research Sheraz Mian Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>> Today's Must Read Intel (INTC) Focuses on Advanced Manufacturing Ecosystem Beyond Beer Expansion to Drive AB InBev's (BUD) Top Line Improving Top Line, Acquisitions Aid HCA Healthcare (HCA) Featured Reports Regulated Investment and Debt Management Aid Exelon (EXC) Per the Zacks analyst, Exelon's planned $31.3B investment to strengthen transmission and distribution lines and efficient management of outstanding debt are going to boost its performance. Moderna's (MRNA) New Launches to Reduce COVID Sales Dependency With COVID vaccine sales declining, Moderna (MRNA) is accelerating development of its non-COVID pipeline. The Zacks Analyst is encouraged by the potential product launches over the next three years. Productivity Actions, New Products Aid DuPont (DD) While DuPont faces headwinds from sluggishness in certain markets, it should gain from productivity improvement actions and investment in new product development, per the Zacks analyst.n Public Spending Aid Martin Marietta (MLM), High Costs Ail Per the Zacks analyst, increased infrastructure investment, heavy non-residential construction, large-scale energy projects and domestic manufacturing aid Martin Marietta. However, high costs hurt. Loan Origination Growth Aid Sallie Mae (SLM) Despite High Debt Per the Zacks analyst, growth trends in the private student lending industry & buyouts will drive loan originations for Sallie Mae. Yet high debt seems unmanageable relative to a smaller cash position New Upgrades Lithia (LAD) Benefits From Its Buyout Binge The Zacks analyst is optimistic about Lithia's strategic acquisitions, which are set to boost its portfolio and sales. The firm has acquired over $3.5 billion in annualized revenues so far this year. Wix.com (WIX) Benefits From Diversified Product Portfolio Per the Zacks analyst, Wix's performance is gaining from robust uptake of Wix Studio and other new artificial intelligence applications. Increasing B2B partnerships is a tailwind. New Downgrades Changing Marketplace Conditions Ail AMN Healthcare (AMN) The Zacks analyst is worried about AMN Healthcare's operation in an evolving healthcare industry characterized by rising alternative modes of healthcare delivery. Inflationary Pressures Hurt Cracker Barrel's (CBRL) Prospects Per the Zacks analyst, Cracker Barrel's operations are likely to be affected by commodity and wage inflation and supply chain challenges. Also, decline in traffic from pre-pandemic levels is a concern Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report DuPont de Nemours, Inc. (DD) : Free Stock Analysis Report Moderna, Inc. (MRNA) : Free Stock Analysis Report Anheuser-Busch InBev SA/NV (BUD) : Free Stock Analysis Report HCA Healthcare, Inc. (HCA) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks Mixed on Higher Bond Yields and Strength in Big Tech What you need to know\u2026 The S&P 500 Index ($SPX) (SPY) today is down -0.23%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.48%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.47%. Stocks this morning are mixed as rising bond yields weigh on the broader market. Hawkish comments from Fed Governor Bowman pushed bond yields higher today when she said, \""I continue to expect that further interest rate increases will likely be needed to return inflation to 2% in a timely way as high energy prices could reverse some of the progress we have seen on inflation in recent months.\"" T-note yields remained higher after the Sep ISM manufacturing index rose more than expected. Strength in mega-cap technology stocks is keeping the Nasdaq 100 in positive territory. Stock index futures initially moved higher in overnight trading after U.S. lawmakers late Saturday night reached a deal to avoid a government shutdown, sparking a relief rally in stock index futures. Adding to positive sentiment is better-than-expected Chinese economic news that supports global growth after China Sep manufacturing and Sep non-manufacturing activity expanded more than expected. Goldman Sachs today said mega-cap U.S. tech stocks are likely to do well during the Q3 earnings season after a recent selloff led to lower valuations and \""The divergence between falling valuations and improving fundamentals represents an opportunity for investors.\"" The U.S. Sep ISM manufacturing index rose +1.4 to 49.0, stronger than expectations of 47.9. U.S. Aug construction spending rose +0.5% m/m, right on expectations. The markets are discounting a 33% chance that the FOMC will raise the funds rate by +25 bp at the next FOMC meeting that ends on November 1, and a 51% chance for that +25 bp rate hike at the following meeting that ends on December 13. The markets are then expecting the FOMC to begin cutting rates in the second half of 2024 in response to an expected slowdown in the U.S. economy. U.S. and European bond yields today are moving higher. The 10-year T-note yield is up +10.5 bp at 4.677%. The 10-year German bund yield is up +7.7 bp at 2.915%. The 10-year UK gilt yield rose to a 1-1/4 month high of 4.568% and is up +11.5 bp at 4.552%. The China Sep manufacturing PMI rose +0.5 to a 6-month high of 50.2, stronger than expectations of 50.1. Also, the Sep non-manufacturing PMI rose +0.7 to 51.7, stronger than expectations of 51.6. Overseas stock markets are lower. The Euro Stoxx 50 is down -1.27%. China\u2019s Shanghai Composite Index was closed for the Golden Week holidays. Japan\u2019s Nikkei 225 today closed -0.31%. Today\u2019s stock movers\u2026 Strength in mega-cap technology stocks is supportive of the overall market. Alphabet (GOOGL) is up more than +2%. Also, Apple (AAPL), Metal Platforms (META), Amazon.com (AMZN), and Microsoft (MSFT) are up more than +1%. Discover Financial Services (DFS) climbed more than +3% in pre-market trading after agreeing to improve its consumer compliance management system and enhance related corporate governance and enterprise risk management practices as part of a consent order issued by the FDIC. Viatris (VTRS) is up more than +4% after it said it received an offer of $2.17 billion for its over-the-counter health business from Cooper Consumer Health, a company owned by CVC Capital Partners. Zscaler (ZS) is up more than +3% to lead gainers in the Nasdaq 100 after Piper Sandler upgraded the stock to overweight from neutral with a price target of $190. Nvidia (NVDA) is up more than +2% after Goldman Sachs added the stock to its Conviction List, saying it sees strong long-term growth prospects for the company. Xylem (XYL) is up more than +1% after Melius Research upgraded the stock to buy from hold with a price target of $122. Macerich (MAC) is up more than +1% after Piper Sandler upgraded the stock to neutral from underweight. Utility stocks are under pressure today from higher T-note yields. As a result, American Electric Power (AEP), CenterPoint Energy (CNP), Eversource Energy (ES), Exelon Corp (EXC), FirstEnergy (FE), and PPL Corp (PPL) are down more than -2%. Norfolk Southern (NSC) is down more than -3% after Bank of America Global Research downgraded the stock to neutral from buy. Target (TGT) is down more than -2% after Bank of America Global Research cut its price target on the stock to $120 from $135. Fidelity National Financial (FNF) is down more than -2% after Keefe, Bruyette & Woods downgraded the stock to market perform from outperform. Tesla (TSLA) is down nearly -1% after reporting Q3 vehicle deliveries of 435,059, below the consensus of 456,722. United Parcel Service (UPS) is down more than -1% after Susquehanna Financial cut its price target on the stock to $160 from $173. Toast (TOST) is down more than -1% after Mizuho Securities downgraded the stock to neutral from buy. Across the markets\u2026 December 10-year T-notes (ZNZ23) today are down -23 ticks, and the 10-year T-note yield is up +10.5 bp at 4.677%. Dec T-notes today are under pressure after U.S. lawmakers late Saturday night passed legislation to avert a government shutdown, which reduced the safe-haven demand for T-notes. Losses in T-notes accelerated on this morning\u2019s stronger-than-expected Sep ISM manufacturing index and hawkish comments from Fed Governor Bowman, who said she expects additional Fed rate hikes. The dollar index (DXY00) today is up by +0.54% at a 10-month high. The dollar index today is climbing on support from higher T-note yields. Also, weakness in the yen is supportive for the dollar after the BOJ announced additional bond purchases, which knocked the yen down to an 11-1/4 month low against the dollar. The dollar extended its gains after the U.S. Sep ISM manufacturing index rose more than expected, a hawkish factor for Fed policy. EUR/USD (^EURUSD) today is down by -0.59%. A stronger dollar today has sparked long liquidation pressure in the euro. The downside for EUR/US is limited after ECB Vice President Guindos said talk of rate cuts by the ECB is premature. The Eurozone Aug unemployment rate fell -0.1 to match the record low of 6.4%, right on expectations. ECB Vice President Guindos said interest rates at their current levels will help bring down inflation to the ECB's 2% target, and talk of rate cuts by the ECB is premature. USD/JPY (^USDJPY) is up by +0.31%. The yen today tumbled to an 11-1/4 month low against the dollar. Higher T-note yields today are bearish for the yen. Also, today\u2019s action by the BOJ to announce an extra bond-buying plan of five- to 10-year bonds for this week undercut the yen. Losses in the yen were contained after the Japan Q3 Tankan large manufacturing business conditions rose more than expected and after the 10-year JGB bond yield rose to a 10-year high of 0.783%, strengthening the yen\u2019s interest rate differentials. The Japan Q3 Tankan large manufacturing business conditions rose +4 to 9, stronger than expectations of 6. The Japan Sep Jibun Bank manufacturing PMI was revised downward by -0.1 to 48.5 from the initially reported 48.6, the steepest pace of contraction in 7 months. December gold (GCZ3) today is down -20.4 (-1.09%), and Dec silver (SIZ23) is down -0.900 (-4.01%). Precious metals prices this morning are sharply lower, with gold sinking to a 6-3/4 month low and silver dropping to a 6-1/2 month low. Today\u2019s jump in the dollar index to a 10-month high is undercutting metals prices. Also, higher global bond yields are bearish for precious metals. In addition, hawkish central bank comments were bearish for precious metals after ECB Vice President Guindos said any talks of rate cuts by the ECB are premature. Finally, long liquidation pressures are weighing on gold after long gold holdings in ETFs fell to a 3-1/2 year low last Friday. More Stock Market News from Barchart Markets Today: Stocks Slip as Bond Yields Resume Their Climb This Option Trade on Adobe Stock Has a Profit Zone Between $480 and $540 Stocks Set to Open Lower as Investors Await U.S. Jobs Data and Powell\u2019s Comments, U.S. Avoids Shutdown Crude Inventories, Jobs and Other Market Moving Items to Watch This Week On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-10-03,36.2,37.18,35.71,37.05,
EXC,2023-10-04,37.04,37.5,36.69,37.41,"Exelon's (EXC) ComEd, Millennium Garages to Add 300 EV Chargers Exelon Corporation’s EXC unit ComEd, in partnership with Millennium Garages, announced its plan to install up to 300 total electric vehicle (EV) chargers at the downtown Chicago parking complex by 2026, out of which 100 have already been installed. Benefits of the Partnership With the rise in the number of EVs, the demand for charging infrastructure increases. ComEd’s partnership with Millennium Garages will expand charging infrastructure and support State’s goal of opening Illinois’ roads to 1 million EVs by 2030. Millennium Garages is home to the Midwest’s largest public EV charging hub. The four underground facilities include more than 9,000 parking spaces. The 100 level-2 EV chargers can charge an EV from zero to 80% in a few hours. The garages have a variety of charging options for customers, like EVPassport, ChargePoint, FlashParking etc., with all charging to be powered by renewable wind energy. Exelon’s Prospects in U.S. EV Charging Market Per the Mordon Intelligence’s report, the U.S. EV charging equipment market is estimated to be valued at $4.2 billion by the end of 2023. It is expected to witness a compound annual growth rate of 22.8%, reaching $11.73 billion by the end of 2028. Currently, northern Illinois has 70,000 EVs, nearly 23,000 of which are registered in Cook County. ComEd aims to spend $231 million over 2023-2025 to help its customers benefit from electricity and other electrified technologies. This plan includes rebates, fleet electrification, programs to educate customers and pilot programs to study electrification benefits. In August 2023, ComEd announced a partnership with the regional and municipal leaders to launch a new EV Charging Delivery Rate option, which entails adopting an expanded network of EV charging infrastructure across Illinois. Peer Moves To reap the benefits of the growing U.S. EV charging market, utilities such as Duke Energy DUK, Entergy Corp. ETR and American Electric Power AEP have also been expanding their footprint in the EV market. Duke Energy aims to convert all of its 4,000 light-duty vehicles and 50% of its 6,000 medium-duty, heavy-duty and off-road vehicles to EVs, plug-in hybrids or other zero-carbon alternatives by 2030. In August 2023, Duke Energy teamed up with General Motors, Ford Motor Company and BMW of North America to roll out a flat fee residential charging subscription pilot. DUK’s long-term (three- to five-year) earnings growth rate is pegged at 6.1%. The Zacks Consensus Estimate for its 2023 sales indicates an increase of 1.3% over 2022’s reported figure. Entergy’s Electric Technology Program provides incentives to purchase EVs and charging infrastructure. The EV program provides information on choices, economic considerations and the benefits of the same. In September 2023, Entergy partnered with First Student, the largest school transportation company in North America, to pilot the first vehicle-to-grid project inside its service territory. ETR’s long-term earnings growth rate is pegged at 5.7%. The Zacks Consensus Estimate for its 2023 earnings per share (EPS) indicates an increase of 4.5% over 2022’s reported figure. American Electric Power aims to electrify 40% of its on-road fleet and 50% of the forklifts by 2030. Many of AEP’s companies have taken the initiative to provide rebates to its EV customers. In 2022, AEP Ohio installed more than 350 EV stations across its service territory. AEP’s long-term earnings growth rate is 5.6%. The Zacks Consensus Estimate for its 2023 sales indicates an increase of 1.7% over 2022’s reported figure. Price Performance Over the past year, shares of EXC have lost 4.3% compared with the industry’s decline of 17.3%. Image Source: Zacks Investment Research Zacks Rank Exelon currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with ""black gold."" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Entergy Corporation (ETR) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report American Electric Power Company, Inc. (AEP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-10-05,37.39,37.525,36.8,37.41,
EXC,2023-10-06,37.08,38.165,36.35,38.08,
EXC,2023-10-09,38.1,38.745,38.02,38.7,
EXC,2023-10-10,38.61,39.33,38.61,39.28,"FirstEnergy's (FE) Unit Enhances Smart Grid in Mercer County FirstEnergy Corporation’s FE subsidiary, Penn Power, finished expanding its smart grid in Mercer County, to strengthen its power infrastructure and help avoid service interruptions, particularly during severe weather conditions. The project is a component of Penn Power's second phase Long Term Infrastructure Improvement Plan (LTIIP II), which was approved by the Pennsylvania Public Utility Commission to help improve consumers' access to electricity. Since the implementation of the LTIIP smart grid technology in neighborhood power lines, the company has seen a 74% reduction in customer minutes of interruption associated with outages. Benefits of the Initiative The work involved installation of new, automated equipment and technology in the distribution substation and along the power lines that serve more than 15,000 people in the Sharon area, as well as in the Hermitage, Transfer, Greenville and West Middlesex areas. These electrical devices are also safer and more efficient, allowing automatic resumption of services to customers rather than dispatching a crew to investigate the outage. If the device detects a serious outage, it isolates the same to a specific area and limits the number of customers affected. In addition to avoid voltage problems, these devices could also potentially help save energy by evenly distributing power so that all customers served by one power line receive the same level of safe and reliable power. Penn Power workers placed nearly 100 new poles, specially designed to withstand extreme winter conditions. This initiative is in addition to the system improvements that Penn Power has made over the past few years in the Mercer County service area. Apart from installing more than 200 automatic reclosing systems in rural areas with lots of trees, it has fitted interior fencing in four substations to keep out any electrical equipment that could cause a power outage. Investment in Infrastructure is a Must A favorable change in temperature not only increases the demand for electricity but also poses a threat to electric infrastructure. Investments are crucial in maintaining service reliability and ensuring customer satisfaction. In order to provide reliable services to customers, utilities make systematic investments to upgrade transmission and distribution lines and develop new substations. The objective is to warrant proper supply of electricity to millions of customers across the United States. Penn Power has invested heavily in smart grid technologies over the past few years. This has enabled the company to improve its reliability performance and experiment with new devices. FirstEnergy has plans to invest nearly $18 billion in the 2021-2025 period to further strengthen its existing operations. FE’s Energizing the Future plan is aimed to modernize its transmission system with cutting-edge machinery and technology that will help further strengthen the power grid and reduce the frequency and duration of customer outages. Through 2022, the company has invested more than $10 billion in the Energizing the Future program. Along with FE, other electric power companies like Xcel Energy, Inc. XEL, Exelon Corporation EXC and Duke Energy DUK also aim to invest to further strengthen their existing infrastructure. Xcel Energy aims to spend $29.5 billion during 2023-2027, out of which it plans to invest nearly $18 billion in strengthening its electric distribution and transmission operations. XEL’s long-term (three to five years) earnings growth rate is 6.34%. The Zacks Consensus Estimate for 2023 earnings per share (EPS) implies a year-over-year improvement of 5.7%. Exelon invests substantially in infrastructure projects. It plans to spend nearly $31.3 billion during 2023-2026 on regulated utility operations for grid modernization and enhancement of its infrastructure’s resilience. EXC’s long-term earnings growth rate is 6.3%. The Zacks Consensus Estimate for 2023 EPS implies a year-over-year improvement of 3.5%. Duke Energy remains focused on expanding its scale of operations and implementing modern technologies at its facilities. Almost 85% of the company’s planned investment funds its generation fleet transition and grid modernization. This includes approximately $75 billion to modernize and strengthen its transmission and distribution infrastructure. DUK’s long-term earnings growth rate is 6.09%. The Zacks Consensus Estimate for 2023 EPS implies a year-over-year increase of 6.3%. Price Performance In the past month, shares of FirstEnergy have lost 2.3% compared with the industry’s 13% decline. Image Source: Zacks Investment Research Zacks Rank FirstEnergy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Top 5 ChatGPT Stocks Revealed Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.” Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Xcel Energy Inc. (XEL) : Free Stock Analysis Report FirstEnergy Corporation (FE) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-10-11,39.45,40.175,39.25,40.04,
EXC,2023-10-12,39.89,40.17,39.33,39.83,"Discounter Pepco revenue surges as new store openings exceed target Adds details and background throughout GDANSK, Oct 12 (Reuters) - Pepco Group PCOP.WA on Thursday reported a 12.5% jump in its fourth-quarter revenue to 1.44 billion euros ($1.53 billion) on a constant currency basis, as the European discount retailer opened more than expected new stores during the year. The group opened a record 343 new stores in the fourth quarter ended Sept. 30, with 668 openings in total during the full year, exceeding the group's minimum target of at least 550 net new openings. The Warsaw-listed group, which owns the Pepco, Poundland and Dealz brands, confirmed that annual underlying earnings before interest tax, depreciation and ammortisation (EBITDA) on constant currency basis is expected to reach about 750 million euros from 731 million euros last year. Last month, Pepco shares posted a record drop after it downgraded its profit outlook twice within a couple of weeks. However, the group is still set to report its highest-ever EBITDA. ""Group performance over the past year has been mixed against a challenging market backdrop. We opened a record number of new stores and delivered strong double-digit revenue growth resulting in record group revenues,"" Executive Chair Andy Bond said in the statement. ""The trading environment deteriorated significantly in the last quarter across Pepco's markets, notably in Central and Eastern Europe, with weaker sales, a lower than forecast gross margin and higher costs, resulting in a reduced level of profitability in our core markets, which we are addressing."" The company's sales dropped during the quarter, as the landing of Pepco's autumn/winter collection in stores had coincided with record warm weather in Poland and adjacent markets, resulting in weaker demand. The fourth-quarter like-for-like revenue growth came in at 0.2%, with annual growth at 6.0%. For the full year, the group's revenue rose 17.7% to a record 5.65 billion euros, driven by Pepco's growth of 24.8% and 8.4% for Poundland. ($1 = 0.9406 euros) (Reporting by Adrianna Ebert; Editing by Christian Schmollinger and Rashmi Aich) ((Adrianna.Ebert@thomsonreuters.com; +48 58 769 65 88;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-10-13,40.16,40.6675,39.835,39.95,"Top Stock Reports for Adobe, Deere & American Express Friday, October 13, 2023 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Adobe Inc. (ADBE), Deere & Co. (DE) and American Express Co. (AXP). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today’s research reports here >>> Adobe’s shares have outperformed the Zacks Computer - Software industry over the year-to-date period (+66.3% vs. +39.4%). The company is benefiting from strong demand for its creative products. Adobe’s Creative Cloud, Document Cloud and Adobe Experience Cloud products are driving the top-line growth. Rising subscription revenues and solid momentum across the mobile apps are major positives. Additionally, growth in emerging markets and robust online video creation demand remain tailwinds. Solid demand for Adobe’s commerce offerings and growing adoption of Acrobat. The Zacks analyst remains optimistic about Adobe’s market position, compelling product lines and continued innovation. However, the ongoing tensions between Russia and Ukraine remain major headwinds for its Digital Media segment. Also, high acquisition expenses do not bode well for its margin expansion. (You can read the full research report on Adobe here >>>) Shares of Deere have outperformed the Zacks Manufacturing - Farm Equipment industry over the past year (+8.4% vs. +7.1%). The company is witnessing solid growth in order levels, which is expected to aid its top-line performance in the forthcoming quarters. Strong replacement demand will continue to boost the company's results. Demand for its construction equipment will likely benefit from anticipated growth in infrastructural investments in the United States. However, inflated material and labor costs are anticipated to impact the company's margins. Supply chain challenges also remain a challenge. Nonetheless, the company's efforts to improve pricing will somewhat help offset these headwinds. Product launches equipped with the latest technology to automate farming will continue to provide Deere with an edge over its competitors. The company is poised to benefit in the long run from rapid growth in the global population and rising worldwide infrastructure needs. (You can read the full research report on Deere here >>>) American Express’ shares have outperformed the Zacks Financial - Miscellaneous Services industry over the past year (+12.2% vs. +4.9%). The company’s several growth initiatives, such as launching new products, reaching new agreements and forging alliances, are boosting its revenues. Consumer spending on T&E, which carry higher margins for AmEx, is advancing well. Its balance sheet looks strong with manageable debt. Solid cash-generation abilities enable the pursuit of business investments and prudent deployment of capital. However, with higher utilization of the firm’s cards, expense in the form of card member services and card member rewards is likely to go up and strain the margins. Marketing and business development expense is expected to rise. A high debt burden induces a rise in interest expenses. As such, the stock warrants a cautious stance. (You can read the full research report on American Express here >>>) Other noteworthy reports we are featuring today include Broadcom Inc. (AVGO), Sony Group Corp. (SONY) and Exelon Corp. (EXC). Mark Vickery Senior Editor Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>> Today's Must Read Adobe (ADBE) Rides on Growing Adoption of Cloud Applications Deere (DE) Gains from Strong Demand Amid Elevated Costs Improving Volumes Aid American Express (AXP), High Costs Hurt Featured Reports Strong Demand for Networking Products Aids Broadcom (AVGO) Per the Zacks analyst, Broadcom is riding on robust demand for networking solutions. Strong adoption of next-gen merchant switching and routing solutions is driving top-line growth. SONY Benefits From Improving Music & G&NS Segment Sales Per the Zacks analyst, Sony is gaining from strong performance of its Music and G&NS segments. However, stiff competition and weak global macroeconomic conditions remain major concerns. Regulated Investment and Debt Management Aid Exelon (EXC) Per the Zacks analyst, Exelon's planned $31.3B investment to strengthen transmission and distribution lines and efficient management of outstanding debt are going to boost its performance. Strategic Buyouts, Solid Balance Sheet Aids Extra Space (EXR) Per the Zacks Analyst, Extra Space Storage is poised to gain from its high brand value, healthy demand and strategic acquisitions. Yet, a development boom in many markets might intensify competition. Cardinal Health's (CAH) Diverse Products Gives Competitive Edge Per the Zacks analyst, Cardinal Health's diversified portfolio represents long-term opportunities. Its products provide the company with a competitive edge in the niche space with fierce competition. Amvuttra & Givlaari Sales Boost Alnylam (ALNY), Setbacks A Woe Per the Zacks Analyst, Amvuttra and Givlaari sales are expected to continue to boost Alnylam's revenues. However, the recent regulatory setback in the label expansion of Onpattro has hurt the stock. SYNNEX (SNX) Benefits From Rising Hybrid Working Tool Demand Per the Zacks Analyst, TD SYNNEX is benefiting from the growing hybrid working trend which is driving demand for offsite-working and learning hardware and software. New Upgrades Low Breakeven Costs to Aid Marathon Oil's (MRO) Cash Flows The Zacks analyst believes that Marathon's extremely low oil price breakeven costs of just $35 a barrel should generate meaningful free cash flows and improve future profitability. Gentex (GNTX) Rides High on FDM Unit Volumes & HomeLink Per the Zacks analyst, Gentex is poised to benefit from an increase in full mirror display (FDM) unit volumes in 2023. The need for connectivity to homes is likely to fuel the demand for Homelink. Twisted Tea Brand to Shape Boston Beer's (SAM) Growth Per the Zacks analyst, Boston Beer's Twisted Tea brand has been gaining from its growing brand awareness and household penetration. SAM expects the brand to witness strong double-digit growth in 2023. New Downgrades Canadian National (CNI) Grapples With Supply Chain Challenges The Zacks analyst is worried about the fact that supply chain disruptions, network fluidity challenges and weak intermodal scenario are hurting the company's performance. Hormel Foods' (HRL) Remains Troubled by International Unit Per the Zacks analyst, Hormel Foods is hurt by softness in the International Unit. During fiscal third-quarter, International sales fell 6% year over year on reduced export and lower results in China. Soft Market Making Segment Hurts Virtu Financial (VIRT) Per the Zacks Analyst, lower market volatility resulting in lower volumes in the market making segment continues to impact Virtu Financial's top line. Falling free cash flows are also concerning. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report American Express Company (AXP) : Free Stock Analysis Report Deere & Company (DE) : Free Stock Analysis Report Adobe Inc. (ADBE) : Free Stock Analysis Report Broadcom Inc. (AVGO) : Free Stock Analysis Report Sony Corporation (SONY) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-10-16,40.15,40.335,39.725,40.17,"7 Stocks to Buy That Love Rising Interest Rates InvestorPlace - Stock Market News, Stock Advice & Trading Tips A double-edged sword if there ever was one, the September jobs report effectively put the Federal Reserve in a bind, catalyzing the case for stocks for rising interest rates. Sure, on the one hand, most governments aim for a robust labor market. Happy, employed workers obviously tend to be satisfied, thus reducing pressure on policymakers. However, a darker side exists to a surprisingly strong print. For the Fed, that dark side threatens to undermine its efforts to contain inflation. Mathematically, we’re talking about more dollars chasing after fewer goods, which is the exact opposite of what the central bank wants at the moment. Therefore, spiked borrowing costs may be in order, thus the relevance of stocks for rising interest rates. Of course, the Fed can’t go all Rambo on inflation and spike rates to the moon. Otherwise, the economy will almost surely fall into recession. But not doing enough can also cause long-lasting pain. With such a delicate balancing act at play, investors may want to consider these stocks for rising interest rates. Allstate (ALL) Source: Jonathan Weiss / Shutterstock.com An insurance giant, Allstate (NYSE:ALL) benefits from a captive audience. Sure, I suppose it’s possible to go through life without financially securing your most important assets. However, with so many disasters liable to destroy your dreams in an instant, it’s extremely foolish to do so. Basically, Allstate “preys” on that very reasonable fear, making it one of the top stocks for rising interest rates. Notably, Allstate doesn’t exactly offer sterling financials. For example, its balance sheet could use some shoring up, particularly with its high debt load relative to cash. Also, the company’s trailing-year net margin sits 4.8% below breakeven. However, on the positive side, Allstate prints a three-year revenue growth rate of 14.2%, above 81.84% of sector rivals. Better yet, ALL trades at only 0.57x trailing revenue. That’s noticeably below the sector median value of 0.95x. Finally, analysts rate ALL a consensus moderate buy with a $129.33 price target, implying over 7% growth. MetLife (MET) Source: thodonal88 / Shutterstock.com One of the largest global providers of insurance, annuities and employee benefit programs, MetLife (NYSE:MET) might not be a particularly exciting enterprise. Nevertheless, as a provider of key relevant services, MET ranks among the best stocks for rising interest rates. Admittedly, its performance in the charts – down 14% on a year-to-date basis – doesn’t provide confidence right now. However, that could change over time. Fundamentally, I believe that the Covid-19 crisis, along with other high-profile incidents has forced people to consider the fragility of human life. As a major provider of life insurance products, MetLife may cynically benefit from this framework. Also, the red ink offers an attractive valuation. Right now, shares trade at only 6.75x forward earnings, favorably lower than nearly 75% of MetLife’s peers. Also, the company offers a forward yield of 3.35%. Combined with a low (and thus sustainable) payout ratio of 22.51%, MET is quite enticing. Analysts peg shares a strong buy with a $77.64 target, implying over 25% upside. Exelon (EXC) Source: photosounds / Shutterstock.com Headquartered in Chicago, Illinois, Exelon (NASDAQ:EXC) is the largest electric parent company in the U.S. by revenue. Further, per its public profile, Exelon is the largest regulated electric utility in the nation with approximately 10 million customers. While it should theoretically be one of the top stocks for rising interest rates, the market has other ideas. Since the beginning of this year, EXC slipped more than 7%. While not particularly encouraging, shares also gained nearly 5% of equity value in the week ending Oct. 13. So a comeback may be materializing. It wouldn’t be all that surprising again given the underlying relevance. To be fair, like other utilities, Exelon features questionable financials. However, it stands out in the bottom line, with the enterprise consistently posting annual net income. Also, it offers a forward yield of 3.6%. Analysts rate shares a strong buy with a $44 target, implying just over 10% upside. American Water Works (AWK) Source: Sambulov Yevgeniy/ShutterStock.com Another utility player, American Water Works (NYSE:AWK) provides water and wastewater services in the U.S. According to its corporate profile, the company offers these services to approximately 1,700 communities in 14 states. Overall, the enterprise covers a population of approximately 14 million through 3.4 million customer connections. Still, like other utilities, AWK printed red ink thus far in the year. Since the January opener, AWK suffered a loss of more than 23%, which obviously presents concerns. Further, in the trailing month, shares fell over 16%. Financially, AWK doesn’t immediately stand out (at least for good reasons). For example, it’s still overpriced at 23x forward earnings. Nevertheless, AWK is one of the best stocks for rising interest rates thanks to the captive audience angle. As a result, it’s consistently profitable thanks to incredibly strong margins. Lastly, analysts peg AWK as a moderate buy with a $144.75 price target, projecting nearly 23% growth. Kroger (KR) Source: Eric Glenn / Shutterstock.com As a supermarket and multi-department store operator, Kroger (NYSE:KR) is well positioned as one of the top stocks for rising interest rates. Again, we’re talking about a captive audience. No matter how advanced society becomes, humans need to eat. Because it’s such an essential service, Kroger should benefit if circumstances get squirrely. Yes, it’s choppy right now but the turbulence may end soon enough. Granted, I understand the hesitation. Since the January opener, KR lost about 1% of its equity value. In the past 365 days, it moved up a bit over 2%, hardly groundbreaking stuff. Still, the underperformance also means that KR trades at an attractive valuation. Currently, the market prices shares at a forward earnings multiple of 9.86X. In contrast, the sector median stat comes in at 13.55x. Also, the company enjoys solid and predictable long-term revenue growth. Combine that with a forward yield of 2.63% and you have a winner for the long haul. Analysts rate KR a moderate buy with a $54.29 target, implying 23% upside. Fortinet (FTNT) Source: Sundry Photography / Shutterstock.com While the concept of stocks for rising interest rates tends to focus on reliable but boring fare, I decided to spice things up for the final two ideas. First, Fortinet (NASDAQ:FTNT) could entice forward-thinking investors thanks to its core cybersecurity business. With the world increasingly becoming digitalized at a rapid pace, the evolution sparked myriad conveniences. However, it also led to nefarious online activities. Even more troubling, major enterprises have suffered significant pain due to cyberattacks. Most recently, Clorox (NYSE:CLX) revealed the extent of the financial damages related to an attack in August this year. Upon disclosure, CLX saw multiple investors rush for the exits. Basically, the lesson here is that enterprises can’t afford to get cheap with their cybersecurity. Effectively, Fortinet enjoys a captive audience, much like insurance providers. So, it’s worth looking into if you anticipate higher borrowing costs. Analysts peg FTNT as a strong buy with a $75.91 target, implying over 31% growth. Kelly Services (KELYA) Source: rafapress / Shutterstock.com An office staffing firm operating globally, Kelly Services (NASDAQ:KELYA) might seem a questionable idea for stocks for rising interest rates. After all, with the job market so hot, people don’t necessarily need intermediaries. That might be the case now. However, several months down the line, the narrative could change – and change favorably for KELYA. Conspicuously, while other competitors in the space suffered poor chart performances, KELYA is in the black. Since the January opener, shares gained over 8%. While nothing to write home about, Kelly may be in a position to add to its gains. Fundamentally, the company facilitates working opportunities across a range of occupations, not just office jobs. That’s a key advantage should higher rates cause people to get desperate in a downcycle. Also, it’s worth pointing out that KELYA trades at a forward earnings multiple of 10.43x. That’s noticeably lower than the sector median of 13.62x. On a final note, analysts rate KELYA as a moderate buy with a $25.50 target, projecting 39% upside. On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia. More From InvestorPlace Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. ChatGPT IPO Could Shock the World, Make This Move Before the Announcement The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post 7 Stocks to Buy That Love Rising Interest Rates appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-10-17,39.88,40.215,39.645,40.06,
EXC,2023-10-18,40.05,40.24,39.64,39.91,
EXC,2023-10-19,39.77,40.37,39.65,39.77,
EXC,2023-10-20,39.67,40.04,39.28,39.3,
EXC,2023-10-23,38.62,38.89,37.9,38.4,
EXC,2023-10-24,38.82,39.25,38.75,38.86,"Barclays Maintains Exelon (EXC) Overweight Recommendation Fintel reports that on October 24, 2023, Barclays maintained coverage of Exelon (NASDAQ:EXC) with a Overweight recommendation. Analyst Price Forecast Suggests 18.95% Upside As of October 5, 2023, the average one-year price target for Exelon is 45.68. The forecasts range from a low of 39.39 to a high of $50.40. The average price target represents an increase of 18.95% from its latest reported closing price of 38.40. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Exelon is 19,564MM, a decrease of 1.65%. The projected annual non-GAAP EPS is 2.39. For more in-depth coverage of Exelon, view the free, crowd-sourced company research report on Finpedia. What is the Fund Sentiment? There are 1867 funds or institutions reporting positions in Exelon. This is a decrease of 32 owner(s) or 1.69% in the last quarter. Average portfolio weight of all funds dedicated to EXC is 0.31%, an increase of 1.16%. Total shares owned by institutions decreased in the last three months by 1.84% to 923,578K shares. The put/call ratio of EXC is 0.35, indicating a bullish outlook. What are Other Shareholders Doing? Wellington Management Group Llp holds 90,844K shares representing 9.13% ownership of the company. In it's prior filing, the firm reported owning 93,781K shares, representing a decrease of 3.23%. The firm decreased its portfolio allocation in EXC by 10.10% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 30,978K shares representing 3.11% ownership of the company. In it's prior filing, the firm reported owning 30,770K shares, representing an increase of 0.67%. The firm decreased its portfolio allocation in EXC by 9.66% over the last quarter. VWELX - VANGUARD WELLINGTON FUND Investor Shares holds 25,621K shares representing 2.57% ownership of the company. In it's prior filing, the firm reported owning 26,179K shares, representing a decrease of 2.18%. The firm decreased its portfolio allocation in EXC by 4.96% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 23,680K shares representing 2.38% ownership of the company. In it's prior filing, the firm reported owning 23,188K shares, representing an increase of 2.08%. The firm decreased its portfolio allocation in EXC by 10.05% over the last quarter. Bank of New York Mellon holds 21,390K shares representing 2.15% ownership of the company. In it's prior filing, the firm reported owning 25,002K shares, representing a decrease of 16.89%. The firm decreased its portfolio allocation in EXC by 23.79% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds. Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits. Click to Learn More This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-10-25,38.82,39.33,38.79,39.0,"[""Morgan Stanley Maintains Exelon (EXC) Overweight Recommendation Fintel reports that on October 25, 2023, Morgan Stanley maintained coverage of Exelon (NASDAQ:EXC) with a Overweight recommendation. Analyst Price Forecast Suggests 17.54% Upside As of October 5, 2023, the average one-year price target for Exelon is 45.68. The forecasts range from a low of 39.39 to a high of $50.40. The average price target represents an increase of 17.54% from its latest reported closing price of 38.86. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Exelon is 19,564MM, a decrease of 1.65%. The projected annual non-GAAP EPS is 2.39. For more in-depth coverage of Exelon, view the free, crowd-sourced company research report on Finpedia. What is the Fund Sentiment? There are 1868 funds or institutions reporting positions in Exelon. This is a decrease of 71 owner(s) or 3.66% in the last quarter. Average portfolio weight of all funds dedicated to EXC is 0.32%, a decrease of 1.04%. Total shares owned by institutions decreased in the last three months by 1.67% to 925,137K shares. The put/call ratio of EXC is 0.35, indicating a bullish outlook. What are Other Shareholders Doing? Wellington Management Group Llp holds 90,844K shares representing 9.13% ownership of the company. In it's prior filing, the firm reported owning 93,781K shares, representing a decrease of 3.23%. The firm decreased its portfolio allocation in EXC by 10.10% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 30,978K shares representing 3.11% ownership of the company. In it's prior filing, the firm reported owning 30,770K shares, representing an increase of 0.67%. The firm decreased its portfolio allocation in EXC by 9.66% over the last quarter. VWELX - VANGUARD WELLINGTON FUND Investor Shares holds 25,621K shares representing 2.57% ownership of the company. In it's prior filing, the firm reported owning 26,179K shares, representing a decrease of 2.18%. The firm decreased its portfolio allocation in EXC by 4.96% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 23,680K shares representing 2.38% ownership of the company. In it's prior filing, the firm reported owning 23,188K shares, representing an increase of 2.08%. The firm decreased its portfolio allocation in EXC by 10.05% over the last quarter. Bank of New York Mellon holds 21,677K shares representing 2.18% ownership of the company. In it's prior filing, the firm reported owning 21,390K shares, representing an increase of 1.32%. The firm decreased its portfolio allocation in EXC by 89.06% over the last quarter. Exelon Background Information (This description is provided by the company.) Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds. Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits. Click to Learn More This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""EXC Factor-Based Stock Analysis Below is Validea's guru fundamental report for EXELON CORP (EXC). Of the 22 guru strategies we follow, EXC rates highest using our Multi-Factor Investor model based on the published strategy of Pim van Vliet. This multi-factor model seeks low volatility stocks that also have strong momentum and high net payout yields. EXELON CORP (EXC) is a large-cap growth stock in the Electric Utilities industry. The rating using this strategy is 81% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. MARKET CAP: PASS STANDARD DEVIATION: PASS TWELVE MINUS ONE MOMENTUM: NEUTRAL NET PAYOUT YIELD: NEUTRAL FINAL RANK: FAIL Detailed Analysis of EXELON CORP EXC Guru Analysis EXC Fundamental Analysis More Information on Pim van Vliet Pim van Vliet Portfolio About Pim van Vliet: In investing, you typically need to take more risk to get more return. There is one major exception to this in the factor investing world, though. Low volatility stocks have been proven to outperform their high volatility counterparts, and do so with less risk. Pim van Vliet is the head of Conservative Equities at Robeco Asset Management. His research into conservative factor investing led to the creation of this strategy and the publication of the book \""High Returns From Low Risk: A Remarkable Stock Market Paradox\"". Van Vliet holds a PhD in Financial and Business Economics from Erasmus University Rotterdam. Additional Research Links Top Large-Cap Growth Stocks Factor-Based Stock Portfolios Dividend Aristocrats 2023 High Insider Ownership Stocks Top S&P 500 Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-10-26,39.16,39.8,39.1,39.15,"[""Analysts Estimate Exelon (EXC) to Report a Decline in Earnings: What to Look Out for Exelon (EXC) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 2. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on theearnings callwill mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate This energy company is expected to post quarterly earnings of $0.68 per share in its upcoming report, which represents a year-over-year change of -9.3%. Revenues are expected to be $4.99 billion, up 3% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 11.33% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for Exelon? For Exelon, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -2.45%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that Exelon will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Exelon would post earnings of $0.40 per share when it actually produced earnings of $0.41, delivering a surprise of +2.50%. Over the last four quarters, the company has beaten consensus EPS estimates three times. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Exelon doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Expected Results of an Industry Player NiSource (NI), another stock in the Zacks Utility - Electric Power industry, is expected to report earnings per share of $0.14 for the quarter ended September 2023. This estimate points to a year-over-year change of +40%. Revenues for the quarter are expected to be $1.06 billion, down 3% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for NiSource has been revised 5.8% down to the current level. Nevertheless, the company now has an Earnings ESP of 18.52%, reflecting a higher Most Accurate Estimate. When combined with a Zacks Rank of #2 (Buy), this Earnings ESP indicates that NiSource will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It\u2019s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is \u201cWill you get into the right stocks early when their growth potential is greatest?\u201d Zacks has released a Special Report to help you do just that, and today it\u2019s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale. Download FREE: How To Profit From Trillions On Spending For Infrastructure >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NiSource, Inc (NI) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days. Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform. The Style Scores are broken down into four categories: Value Score For value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks. Growth Score Growth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time. Momentum Score Momentum investors, who live by the saying \""the trend is your friend,\"" are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks. VGM Score If you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier. It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +25.41% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio. That's where the Style Scores come in. To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible. Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy. For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Exelon (EXC) Chicago, IL-based Exelon Corporation completed the previously announced separation of the power generation and competitive energy business, namely Constellation Energy Corp., into a separate entity, which will trade under the symbol \u201cCEG\u201d. Exelon retained the transmission and distribution utility business, which will continue to be called Exelon and trade under the symbol \u201cEXC\u201d. The separation was completed on Feb 1, 2022. EXC is a #3 (Hold) on the Zacks Rank, with a VGM Score of B. Momentum investors should take note of this Utilities stock. EXC has a Momentum Style Score of A, and shares are up 0.5% over the past four weeks. For fiscal 2023, one analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0 to $2.35 per share. EXC boasts an average earnings surprise of 3.2%. With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, EXC should be on investors' short list. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It\u2019s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is \u201cWill you get into the right stocks early when their growth potential is greatest?\u201d Zacks has released a Special Report to help you do just that, and today it\u2019s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale. Download FREE: How To Profit From Trillions On Spending For Infrastructure >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CenterPoint Energy (CNP) Tops Q3 Earnings Estimates CenterPoint Energy (CNP) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 8.11%. A quarter ago, it was expected that this energy delivery company would post earnings of $0.29 per share when it actually produced earnings of $0.28, delivering a surprise of -3.45%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. CenterPoint, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $1.86 billion for the quarter ended September 2023, missing the Zacks Consensus Estimate by 2.65%. This compares to year-ago revenues of $1.9 billion. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. CenterPoint shares have lost about 8.4% since the beginning of the year versus the S&P 500's gain of 9%. What's Next for CenterPoint? While CenterPoint has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for CenterPoint: favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.34 on $2.74 billion in revenues for the coming quarter and $1.50 on $9.31 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the top 29% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Exelon (EXC), has yet to report results for the quarter ended September 2023. The results are expected to be released on November 2. This energy company is expected to post quarterly earnings of $0.68 per share in its upcoming report, which represents a year-over-year change of -9.3%. The consensus EPS estimate for the quarter has been revised 7.4% higher over the last 30 days to the current level. Exelon's revenues are expected to be $4.99 billion, up 3% from the year-ago quarter. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It\u2019s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is \u201cWill you get into the right stocks early when their growth potential is greatest?\u201d Zacks has released a Special Report to help you do just that, and today it\u2019s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale. Download FREE: How To Profit From Trillions On Spending For Infrastructure >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CenterPoint Energy, Inc. (CNP) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-10-27,39.01,39.17,38.215,38.43,"PNM Resources (PNM) Q3 Earnings Beat Estimates, Revenues Lag PNM Resources PNM reported third-quarter 2023 earnings of $1.54 cents per share, which surpassed the Zacks Consensus Estimate of $1.30 by 18.5%. The bottom line also increased 5.5% from the year-ago quarter’s figure of $1.46. Total Revenues Net sales of $505.9 million missed the Zacks Consensus Estimate of $909 million by 44.3%. The top line also decreased 30.7% from the year-ago quarter’s level of $729.9 million. PNM Resources, Inc. Price, Consensus and EPS Surprise PNM Resources, Inc. price-consensus-eps-surprise-chart | PNM Resources, Inc. Quote Segmental Details PNM reported earnings of $1.19 per share, up 1.7% from that registered in the year-ago quarter. This was due to hotter temperatures, lower costs associated with generation portfolio changes and improved market performance of decommissioning. TNMP recorded earnings of 46 cents per share, up 27.8% from the prior-year quarter’s figure. This was due to rate recovery through Transmission Cost of Service and Distribution Cost Recovery Factor mechanisms and higher customer usage due (in part) to hotter temperatures. Corporate and Other incurred a loss of 11 cents per share, wider than the year-ago quarter’s reported loss of 7 cents. This was due to higher interest rates on variable rate debt, net of hedges and increased loss. Highlights of the Release Total operating expenses were $419.2 million, down 23.4% from $547.1 million recorded in the year-ago quarter. Total operating income was $86.7 million, down 52.6% from $182.8 million registered in the comparable period of 2022. Regarding the merger agreement with AVANGRID, the companies’ appeal of the New Mexico Public Regulation Commission’s December 2021 merger stipulation denial remains pending with the New Mexico Supreme Court following oral arguments held on Sep 15, 2023. There is no statutory deadline for the court to respond to the appeal. Guidance As a result of the significant weather impact on third-quarter earnings, PNM Resources increased its ongoing earnings guidance to $2.75-$2.80 per share from the previously projected range of $2.65-$2.75. Zacks Rank PNM Resources currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Upcoming Releases NRG Energy, Inc. NRG is scheduled to report third-quarter results on Nov 2, before market open. The Zacks Consensus Estimate for earnings is pegged at $1.79 per share. NRG’s long-term (three to five years) earnings growth rate is 10.26%. The consensus mark for 2023 EPS is pegged at $5.15, implying year-over-year growth of 96.6%. Exelon Corporation EXC is scheduled to report third-quarter results on Nov 2, before market open. The Zacks Consensus Estimate for earnings is pegged at 68 cents per share. EXC’s long-term earnings growth rate is 6.3%. The consensus mark for 2023 EPS is pegged at $2.35, implying year-over-year growth of 3.5%. Alliant Energy LNT is scheduled to report third-quarter results on Nov 2, after market close. The Zacks Consensus Estimate for earnings is pinned at 92 cents per share. LNT’s long-term earnings growth rate is 6.26%. The consensus mark for 2023 EPS is pinned at $2.86, implying a year-over-year improvement of 2.1%. 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with ""black gold."" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NRG Energy, Inc. (NRG) : Free Stock Analysis Report Alliant Energy Corporation (LNT) : Free Stock Analysis Report PNM Resources, Inc. (PNM) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-10-30,38.55,38.93,38.215,38.45,
EXC,2023-10-31,38.51,38.97,38.42,38.94,
EXC,2023-11-01,39.01,39.83,38.76,39.53,"[""Ahead of Exelon (EXC) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics Wall Street analysts forecast that Exelon (EXC) will report quarterly earnings of $0.68 per share in its upcoming release, pointing to a year-over-year decline of 9.3%. It is anticipated that revenues will amount to $4.96 billion, exhibiting an increase of 2.4% compared to the year-ago quarter. The current level reflects an upward revision of 10.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock. While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight. Bearing this in mind, let's now explore the average estimates of specific Exelon metrics that are commonly monitored and projected by Wall Street analysts. Based on the collective assessment of analysts, 'Operating revenues- ComEd [$M]' should arrive at $1.46 billion. The estimate indicates a change of +5.8% from the prior-year quarter. The average prediction of analysts places 'Operating revenues- PECO [$M]' at $980.40 million. The estimate suggests a change of -3.3% year over year. According to the collective judgment of analysts, 'Operating revenues- BGE [$M]' should come in at $949.75 million. The estimate indicates a year-over-year change of +9.2%. Analysts' assessment points toward 'Operating revenues- PHI' reaching $1.53 billion. The estimate suggests a change of -4.3% year over year. View all Key Company Metrics for Exelon here>>> Over the past month, shares of Exelon have returned +5.1% versus the Zacks S&P 500 composite's -2.2% change. Currently, EXC carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""WEC Energy (WEC) Q3 Earnings Beat Estimates, Revenues Lag WEC Energy Group WEC reported third-quarter 2023 earnings of $1 per share, which beat the Zacks Consensus Estimate of 91 cents by 9.9%. The bottom line also improved 4.2% from the year-ago quarter\u2019s figure of 96 cents. Revenues Operating revenues of $1,957.4 million missed the Zacks Consensus Estimate of $2,124 million by around 7.8%. The top line also declined 2.3% from $2,003 million recorded in the year-ago quarter. WEC Energy Group, Inc. Price, Consensus and EPS Surprise WEC Energy Group, Inc. price-consensus-eps-surprise-chart | WEC Energy Group, Inc. Quote Highlights of the Release Electricity consumption by small commercial and industrial customers was flat year over year. The same for large commercial and industrial customers, excluding the iron ore mine, decreased 4.1% on a year-over-year basis. On a weather-normal basis, retail deliveries of electricity, excluding the iron ore mine, declined 0.8% during the same time frame. Total electric retail sales volume for the quarter was 9,909.1 thousand megawatt-hour (MWh), down 0.9% year over year. Our model predicted total electric retail sales volume of 9,872.8 thousand MWh. Total electric sales volume for the quarter was 12,647.3 thousand MWh, up 7% year over year. The Zacks Consensus Estimate for the same was pegged at 11, 648.8 thousand MWh. Total operating expenses were $1,485.4 million, down 7.1% from the year-ago quarter\u2019s level of $1,598.8 million. This was due to lower cost of sales. Operating income totaled $472 million, up 16.8% from the year-ago quarter\u2019s recorded number of $404.2 million. The company incurred an interest expense of $182.5 million, up 43.1% from the prior-year quarter\u2019s level of $127.5 million. Financial Position As of Sep 30, 2023, WEC had cash and cash equivalents of $45.9 million compared with $28.9 million as of Dec 31, 2022. As of Sep 30, 2023, the company had a long-term debt of $15,956.5 million compared with $14,766.2 million as of Dec 31, 2022. Net cash provided by operating activities during the first nine months of 2023 was $2,538.4 million compared with $2,059.5 million in the year-ago period. Guidance WEC reaffirmed its 2023 earnings projection in the range of $4.58-$4.62 per share. The midpoint of the range, $4.60 per share, is on par with the Zacks Consensus Estimate. Zacks Rank WEC Energy currently has a Zacks Rank #3 (Hold). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Upcoming Releases NRG Energy, Inc. NRG is scheduled to report third-quarter results on Nov 2, before market open. The Zacks Consensus Estimate for earnings is pegged at $1.53 per share. NRG\u2019s long-term (three to five years) earnings growth rate is 10.26%. The consensus mark for 2023 EPS is pegged at $5.15, implying year-over-year growth of 96.6%. Exelon Corporation EXC is scheduled to report third-quarter results on Nov 2, before market open. The Zacks Consensus Estimate for earnings is pegged at 68 cents per share. EXC\u2019s long-term earnings growth rate is 6.3%. The consensus mark for 2023 EPS is pegged at $2.35, implying year-over-year growth of 3.5%. Alliant Energy LNT is scheduled to report third-quarter results on Nov 2, after market close. The Zacks Consensus Estimate for earnings is pinned at 92 cents per share. LNT\u2019s long-term earnings growth rate is 6.26%. The consensus mark for 2023 EPS is pinned at $2.86, implying a year-over-year improvement of 2.1%. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NRG Energy, Inc. (NRG) : Free Stock Analysis Report WEC Energy Group, Inc. (WEC) : Free Stock Analysis Report Alliant Energy Corporation (LNT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Utility Stocks Reporting Q3 Earnings on Nov 2: ED, DUK & More The Zacks Utilities sector\u2019s third-quarter 2023 earnings are expected to have been driven by warmer weather conditions, cost-saving initiatives and usage of new technologies that helped in increasing the reliability of its services and lowering operating and maintenance expenses. Per the latest Earnings Preview, the Zacks Utilities sector\u2019s third-quarter earnings are expected to increase 4.4%, while revenues are anticipated to decline 1.9% in the third quarter. The capital-intensive utility stocks might have been impacted by the ongoing rise in interest rates, while the new utility rates implemented in the service territories and customer growth are likely to have boosted profits. Factors to Consider Utilities continue to benefit from various favorable factors, such as new electric rates, customer additions, cost management and the implementation of energy-efficiency programs. Also, the ongoing investments to further improve the resiliency of electric infrastructure against extreme weather conditions and the transition to cost-effective, renewable energy sources to produce electricity might have aided the power industry. By investing in digital technology, connecting critical systems, and using data analysis to make informed decisions, utilities have been able to increase overall operations and productivity while also lowering costs. Utilities keep making wise capital investments that lower fuel and operational costs as well as maintenance and upkeep costs. As a result, customers benefit from saving money on their utility costs. Most of the utility companies have pledged to deliver 100% clean energy and achieve the zero-emission target in the coming years. As a result, these companies have been reducing their use of coal and other polluting sources in their generating portfolios and increasing the use of clean, renewable energy sources in their production portfolios. Weather in the third quarter was warm, which adversely impacted use per customer during the period. An increase in interest rates from near-zero levels is likely to have had a negative impact on utilities\u2019 performance. According to the Zacks model, a company needs the right combination of two key ingredients \u2014 a positive Earnings ESP and a Zacks Rank #3 (Hold) or better \u2014 to increase the odds of an earnings beat. You can uncover the best stocks to buy or sell before they\u2019re reported with our Earnings ESP Filter. Consolidated Edison\u2019s ED service territories experienced a warmer-than-normal weather pattern during the most of the third quarter. This is expected to have boosted electricity demand, thereby favorably contributing to its third-quarter top-line performance. The increased load growth driven by vehicle electrification is likely to have benefited ED\u2019s earnings in the to-be-reported quarter. (Read more: Consolidated Edison to Post Q3 Earnings: What's in Store?) Our proven model conclusively predicts an earnings beat for Consolidated Edison this time around. ED has an Earnings ESP of +3.93% and a Zacks Rank #2 (Buy) at present. You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Consolidated Edison Inc Price and EPS Surprise Consolidated Edison Inc price-eps-surprise | Consolidated Edison Inc Quote Duke Energy Corporation\u2019s DUK service territories experienced warmer-than-normal temperatures, which can be projected to have boosted electricity demand. This, in turn, must have bolstered the company\u2019s quarterly top-line performance. Favorable rate hikes and strong customer growth might have positively contributed to Duke Energy\u2019s third-quarter revenues. (Read more: Duke Energy to Post Q3 Earnings: What's in Store?) Our proven model does not conclusively predict an earnings beat for Duke Energy this time around. DUK has an Earnings ESP of 0.00% and a Zacks Rank #3 at present. Duke Energy Corporation Price and EPS Surprise Duke Energy Corporation price-eps-surprise | Duke Energy Corporation Quote Exelon Corporation\u2019s EXC third-quarter earnings are likely to have benefited from new distribution rates that were implemented during the previous quarters. The company\u2019s bottom line is also likely to have gained from energy efficiency programs and cost-saving initiatives. (Read more: Exelon to Report Q3 Earnings: Here's What to Expect) Our proven model does not conclusively predict an earnings beat for Exelon this time around. EXC has an Earnings ESP of -2.45% and a Zacks Rank #3 at present. Exelon Corporation Price and EPS Surprise Exelon Corporation price-eps-surprise | Exelon Corporation Quote Pinnacle West Capital Corporation\u2019s PNW third-quarter revenues are expected to have benefited from increased retail customer count and electricity sales growth, owing to strong growth in Arizona. However, higher operations and maintenance expenses and interest expenses might offset some positives. (Read more: What's in Store for Pinnacle West Capital in Q3 Earnings?) Our proven model does not conclusively predict an earnings beat for Pinnacle West Capital this time around. PNW has an Earnings ESP of -0.80% and a Zacks Rank #3 at present. Pinnacle West Capital Corporation Price and EPS Surprise Pinnacle West Capital Corporation price-eps-surprise | Pinnacle West Capital Corporation Quote Alliant Energy\u2019s LNT service territories experienced a warmer-than-normal weather pattern, accompanied by drought-like conditions. This is expected to have boosted electricity demand in the third quarter. The company\u2019s quarterly earnings are also likely to have gained from lower operation and maintenance costs. (Read more: Alliant Energy to Report Q3 Earnings: What's in Store?) Our proven model does not conclusively predict an earnings beat for Alliant Energy this time around. The company has an Earnings ESP of -0.55% and a Zacks Rank #4 (Sell) at present. Alliant Energy Corporation Price and EPS Surprise Alliant Energy Corporation price-eps-surprise | Alliant Energy Corporation Quote NRG Energy\u2019s NRG service territories experienced extreme heat during the third quarter, which is expected to have increased the demand for electricity (for cooling purposes) and boosted the company\u2019s performance. NRG\u2019s debt reduction initiatives might have aided its bottom-line performance. (Read more: NRG Energy to Post Q3 Earnings: What\u2019s in the Offing?) Our proven model does not conclusively predict an earnings beat for NRG Energy this time around. The company has an Earnings ESP of -7.19% and a Zacks Rank #3 at present. NRG Energy, Inc. Price and EPS Surprise NRG Energy, Inc. price-eps-surprise | NRG Energy, Inc. Quote Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NRG Energy, Inc. (NRG) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report Consolidated Edison Inc (ED) : Free Stock Analysis Report Pinnacle West Capital Corporation (PNW) : Free Stock Analysis Report Alliant Energy Corporation (LNT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""NiSource (NI) Q3 Earnings Beat Estimates, Revenues Fall Y/Y NiSource Inc. NI reported third-quarter 2023 operating earnings per share (EPS) of 19 cents, which surpassed the Zacks Consensus Estimate of 14 cents by 35.7%. The bottom line increased 90% from the year-ago quarter\u2019s recorded figure of 12 cents. On a GAAP basis, the company reported EPS of 17 cents compared with 12 cents in the prior-year quarter. Total Revenues Operating revenues of $1,027.4 million missed the Zacks Consensus Estimate of $1,057 million by 2.8%. The top line also decreased 5.7% from the prior-year quarter\u2019s figure of $1,089.5 million. NiSource, Inc Price, Consensus and EPS Surprise NiSource, Inc price-consensus-eps-surprise-chart | NiSource, Inc Quote Highlights of the Release Total operating expenses amounted to $794.4 million, down 14.8% from the year-ago quarter\u2019s level of $932.8 million due to lower energy and operation and maintenance (O&M) costs. Our model predicted total operating expenses of $841.8 million for the quarter. Operating income totaled $233 million, up 48.7% from the year-ago figure of $156.7 million. Net interest expenses amounted to $129.2 million, up 41% from the prior-year quarter\u2019s $91.6 million. Total gas distribution in Sales and Transportation was recorded at 163.5 Million British Thermal Units per day (MMDth) while our model predicted 168 MMDth. Total electric sales were recorded at 4,087.1 gigawatt-hour (GWh) while our model projected 4,222 GWh. Financial Update NiSource's cash and cash equivalents as of Sep 30, 2023, were $56 million compared with $40.8 million as of Dec 31, 2022. The company had $1 billion in net available liquidity as of Sep 30, 2023. Long-term debts (excluding those due within a year) as of Sep 30, 2023, were $11,011.3 million compared with $9,523.6 million as of Dec 31, 2022. Net cash flows from operating activities in the first nine months of 2023 were $1,535.9 million compared with $1,036.2 million in the year-ago period. Guidance NiSource reaffirmed its 2023 non-GAAP net operating earnings (NOE) guidance in the range of $1.54-$1.60 per share. It now expects earnings to be toward the upper half of the range. The Zacks Consensus Estimate for the same is pegged at $1.58 per share, which is higher than the midpoint of the company\u2019s projection. The company expects 2024 non-GAPP NOE in the band of $1.68-1.72. The Zacks Consensus Estimate is pegged at $1.69 per share, which is a tad lower than the midpoint of the company\u2019s guided range. NI expects to witness an earnings CAGR of 6-8% through 2028. It also projects an investment in the range of $15.2-$16.6 billion during 2024-2028. Zacks Rank NiSource currently carries a Zacks Rank #2 (Buy). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Upcoming Releases Exelon Corp. EXC is slated to report third-quarter results on Nov 2, before market open. The Zacks Consensus Estimate for earnings is pegged at 68 cents per share. EXC\u2019s long-term (three to five years) earnings growth rate is 6.3%. The consensus estimate for 2023 EPS is pegged at $2.35, indicating a year-over-year improvement of 3.5%. Ameren Corp. AEE is slated to report third-quarter results on Nov 8, after market close. The Zacks Consensus Estimate for earnings is pegged at $1.80 per share. AEE\u2019s long-term earnings growth rate is 6.6%. The consensus estimate for 2023 EPS is pegged at $4.37, indicating a year-over-year improvement of 5.6%. ALLETE Inc. ALE is scheduled to report third-quarter results on Nov 2, before market open. The Zacks Consensus Estimate for earnings is pinned at 61 cents per share. ALE\u2019s long-term earnings growth rate is 8.1%. The consensus estimate for 2023 EPS is pegged at $3.67, indicating a year-over-year improvement of 8.6%. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Ameren Corporation (AEE) : Free Stock Analysis Report NiSource, Inc (NI) : Free Stock Analysis Report Allete, Inc. (ALE) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-11-02,39.87,41.09,39.49,40.7,"[""Bullish Two Hundred Day Moving Average Cross - EXC In trading on Thursday, shares of Exelon Corp (Symbol: EXC) crossed above their 200 day moving average of $40.87, changing hands as high as $41.09 per share. Exelon Corp shares are currently trading up about 3.4% on the day. The chart below shows the one year performance of EXC shares, versus its 200 day moving average: Looking at the chart above, EXC's low point in its 52 week range is $35.71 per share, with $44.365 as the 52 week high point \u2014 that compares with a last trade of $40.85. The EXC DMA information above was sourced from TechnicalAnalysisChannel.com Free Report: Top 8%+ Dividends (paid monthly) Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average \u00bb Also see: \u0095 Top Ten Hedge Funds Holding DEW \u0095 NXTD Historical Stock Prices \u0095 ESAB market cap history The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon (EXC) Q3 Earnings Lags Estimates, 2023 View Narrowed Exelon Corporation\u2019s EXC third-quarter 2023 earnings of 67 cents per share missed the Zacks Consensus Estimate of 68 cents by a penny. Earnings declined 10.7% from the year-ago level of 75 cents. On a GAAP basis, second-quarter earnings were 70 cents per share compared with 68 cents in the year-ago quarter. Total Revenues Exelon's third-quarter total revenues of $5,980 million surpassed the Zacks Consensus Estimate of $4,962 million by 20.5%. The top line was 23.4% higher than the year-ago figure of $4,845 million. Exelon Corporation Price, Consensus and EPS Surprise Exelon Corporation price-consensus-eps-surprise-chart | Exelon Corporation Quote Highlights of the Release During the quarter, Exelon\u2019s unit Pepco issued $100 million of First Mortgage Bonds, 5.35% Series, due Sep 13, 2033. Pepco used the proceeds to repay existing indebtedness and for general corporate purposes. Exelon continues to execute its capital expenditure plan and is on course to spend $7.2 billion in capital investment in 2023 to further strengthen its infrastructure. The company is planning to expand its interstate transmission projects to cater to rising demand from data center hubs. Exelon's third-quarter total operating expenses increased 90.4% year over year to $1.74 billion. The increase was due to higher power and fuel prices. Operating income was $530 million, up 14% year over year. Interest expenses totaled $119 million, up 14.4% from the year-ago quarter. Financial Highlights Cash and cash equivalents were $300 million as of Sep 30, 2023 compared with $407 million as of Dec 31, 2022. Long-term debt was $39,431 million as of Sep 30, 2023 compared with $35,272 million as of Dec 31, 2022. Cash provided by operating activities during the first nine months of 2023 was $3,292 million compared with $4,141 million in the corresponding period of 2022. Guidance Exelon narrowed its 2023 earnings guidance in the range of $2.32-$2.40 from the prior range of $2.30-$2.42 per share. The midpoint of the guided range is $2.36, which is higher than the Zacks Consensus Estimate of $2.35 per share for the same period. The company reaffirmed 6-8% long-term earnings per share growth for the 2022-2026 time period. EXC expects its capital expenditure for the 2023-2026 time period to be $31.3 billion for meeting customer requirements and further strengthening its transmission and distribution operations, as well as serving its 10 million customers efficiently. Zacks Rank Exelon has a Zacks Rank #3 (Hold) at present. You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Other Releases NextEra Energy, Inc. NEE released third-quarter 2023 adjusted earnings of 94 cents per share, which beat the Zacks Consensus Estimate of 86 cents by 9.3%. The Zacks Consensus Estimate for NEE\u2019s 2023 earnings is pinned at $3.12 per share, implying a year-over-year improvement of 7.6%. Long-term (three- to five-year) earnings growth of NEE is pegged at 8.18%. CMS Energy Corp. CMS reported third-quarter 2023 adjusted earnings of 61 cents per share, which missed the Zacks Consensus Estimate of 63 cents by 3.2%. The Zacks Consensus Estimate for CMS\u2019 2023 earnings is pinned at $3.10 per share, implying a year-over-year improvement of 7.3%. The long-term earnings growth of CMS is pegged at 7.5%. FirstEnergy Corporation FE reported third-quarter 2023 operating earnings per share of 88 cents, which surpassed the Zacks Consensus Estimate of 85 cents by 3.5%. The Zacks Consensus Estimate for FE\u2019s 2023 earnings is pinned at $2.54 per share, implying a year-over-year improvement of 5.4%. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report FirstEnergy Corporation (FE) : Free Stock Analysis Report CMS Energy Corporation (CMS) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""7 Utility Stocks to Help You Power Through a Downturn InvestorPlace - Stock Market News, Stock Advice & Trading Tips With the new year presenting uncertainties, the bullish case for utility stocks to buy for a down market has been rising higher. It\u2019s just that Wall Street doesn\u2019t quite realize it yet. To be sure, in a post-pandemic ecosystem that birthed meme trades and the dramatic revitalization of cryptocurrencies, the concept of utility stocks to buy seems grossly regressive. Let\u2019s face it \u2013 while the underlying processes and technologies have changed, the core premise has not. Also, the reality is that the utilities sector offers a boring profile. Granted, if we had high confidence that the market will enter a northbound cycle, utility stocks may not be ideal. However, we simply don\u2019t have that confidence. Sure, the third-quarter U.S. GDP print came in hotter than expected. However, per CNBC, the bond market has been sending a strong signal that a recession may be on the horizon. If so, boring is good, which may benefit the below utility stocks to buy for a down market. Southern Company (SO) Source: 360b / Shutterstock.com Headquartered in Atlanta, Georgia, Southern Company (NYSE:SO) is a major candidate for utility stocks to buy that are tied to the gas and electric subsegment. According to its public profile, Southern represents the second-largest utility firm in the U.S. in terms of customer base. Through its subsidiaries, the enterprise serves 9 million customers in six states. Fundamentally, Southern enjoys a major advantage because of its coverage map. With millennials \u2013 who represent the largest demographic in the workforce \u2013 moving to Atlanta, Southern operates where the money will be. That should give investors confidence in the long-term trajectory of SO stock, which admittedly is down more than 6% since the January opener. In terms of passive income, Southern offers a forward yield of 4.16%. That runs higher than the sector average 3.75%. However, the payout ratio is a bit toasty at 69.56%. Overall, SO should intrigue as one of the utility stocks to buy for a down market. Analysts rate it a moderate buy with a $71.17 price target, implying about 6% growth. Duke Energy (DUK) Source: Jonathan Weiss / Shutterstock.com An electric power and natural gas holding company, Duke Energy (NYSE:DUK) isn\u2019t the most exciting candidate for utility stocks. Indeed, DUK might even repel some investors who are typically attracted to the sector. With DUK down more than 14% since the beginning of the year, it\u2019s not immediately making a great case for itself. At the same time, the fundamentals matter. Headquartered in Charlotte, North Carolina, Duke covers the Carolinas, along with Florida, Indiana, Ohio, and Kentucky. Per its website, the company collectively owns 50,000 megawatts (MW) of energy capacity. With millennials also migrating to these states \u2013 generally for cost-of-living reasons \u2013 Duke enjoys a geographic advantage. Financially, as with other utility stocks to buy, Duke doesn\u2019t offer the most compelling print. However, it\u2019s consistently profitable, which brings up the topic of dividends. Currently, the company offers a forward yield of 4.61%. Analysts peg DUK a moderate buy with a $96.36 price target, implying over 8% upside. FirstEnergy (FE) Source: ESB Professional / Shutterstock.com Specializing in electric services, FirstEnergy (NYSE:FE) \u2013 which is headquartered in Akron, Ohio \u2013 is involved in the resource\u2019s distribution, transmission, and generation. Further, it focuses on energy management and other energy-related services. Per its public profile, FirstEnergy represents one of the biggest utility stocks based on the underlying enterprise serving six million customers. As with other players in this space, Wall Street presently doesn\u2019t see much potential in FE. Since the beginning of the year, shares dropped more than 15% in equity value. However, it\u2019s possible that FE hit a recent bottom on Oct. 2. Since then, the security has been generally marching higher. For full disclosure, FirstEnergy encountered rough waters in 2016 and 2017, posting sharp net losses in those years. However, it\u2019s returned to profitability since the end of 2017. As well, it offers a forward yield of 4.61%. Analysts rate shares a moderate buy with a $39.36 price target, projecting almost 11% growth. Exelon (EXC) Source: photosounds / Shutterstock.com Headquartered in Chicago, Illinois, Exelon (NASDAQ:EXC) is the largest electric parent company in the U.S. by revenue, per its public profile. Further, the company represents the largest regulated electric utility in the nation with approximately 10 million customers. Still, the impressive footprint hasn\u2019t convinced Wall Street to take a stab. Since the January opener, EXC dipped almost 10%. As with other utility stocks to buy for a down market, Exelon may benefit from its geographic positioning. For example, one of its regulated utilities is PECO Energy Company, which operates in Pennsylvania. Subsequently, many younger folks \u2013 millennials and members of Generation X \u2013 are moving to the Keystone State. To be fair, Exelon doesn\u2019t particularly arouse investor curiosity with its financials. However, since the entity split its utility and energy generation business into two separate companies, Exelon\u2019s revenue has been robustly marching higher. Also, it offers a forward yield of 3.7%. Analysts peg EXC a consensus strong buy with a $43.22 target, implying 11% upside. Sempra (SRE) Source: Michael Vi / Shutterstock.com Having firsthand experience with Sempra (NYSE:SRE), I can tell you that it\u2019s not the most popular idea for utility stocks to buy, at least from the consumer\u2019s perspective. Over the past several years, the company \u2013 like other utilities \u2013 has attracted criticism. Nevertheless, for purely cynical reasons, SRE offers a great canvas if you anticipate an incoming downcycle. In fairness, Wall Street also doesn\u2019t get the narrative, at least right now. Since the January opener, SRE slipped nearly 9%. However, it\u2019s possible that SRE may have inked a bottom on Oct. 2. Since then, the bulls have bidding shares up. Ahead of significant uncertainties in the market and the broader economy, Sempra\u2019s predictable business should offer some comfort. Fundamentally, Sempra\u2019s Southern California market provides a fortress for stakeholders. As expected, its natural monopoly facilitates consistent profitability. Also, the company offers a forward yield of 3.4%, along with a reasonable 49.75% payout ratio. Analysts rate SRE a moderate buy with an $80.80 price target, projecting over 15% growth. American Water Works (AWK) Source: Sambulov Yevgeniy/ShutterStock.com A public utility specializing in water and wastewater services, American Water Works (NYSE:AWK) commands a massive footprint. Per its public profile, the company offers its core services to approximately 1,700 communities in 14 states, serving a population of approximately 14 million via 3.4 million customer connections. However, investors must be warned: it\u2019s one of the riskiest utility stocks to buy. Since the start of the year, AWK gave up almost 24% of equity value. To be sure, in the trailing month, this negative acceleration slowed to roughly 2% down. Still, I\u2019m not sure if this is merely a respite to further volatility or if shares will bounce higher. Those who decide to place a wager will be banking on its indelible business and the natural monopoly narrative. Financially, several areas of the print could use improvement. That said, American Water unsurprisingly features a strong net margin of 22.09%. This stat beats out 87.8% of sector rivals. Also, it pays a forward yield of 2.41%, though this is admittedly modest. Overall, analyst peg AWK a moderate buy with a $141 price target, implying 20% upside. Essential Utilities (WTRG) Source: Alina Kruk/Shutterstock.com Another water-related public utility firm, Essential Utilities (NYSE:WTRG) focuses on providing drinking water and wastewater treatment infrastructure and services. Obviously, water represents one of this planet\u2019s most precious resource so Essential benefits from a permanently relevant business. However, it must be stated that WTRG is one of the riskiest ideas among utility stocks. Since the January opener, shares slipped almost 31%. Worse yet, the broader technical profile doesn\u2019t necessarily suggest that a bottom is in. Over the past five years, WTRG only gained just under 2%. It\u2019s possible that the current slowdown in negative acceleration is just a respite prior to further downside. Still, the other angle could be that shares are heavily de-risked. Despite the troubles that WTRG incurred in the charts, Essential posts a robust net margin of 20.25%. Also, it posted 10 years of profitability over the past decade, facilitating the company\u2019s forward yield of 3.67%. Finally, analysts rate WTRG a unanimous strong buy with a $48.75 price target, projecting almost 46% growth. On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia. More From InvestorPlace The #1 AI Investment Might Be This Company You\u2019ve Never Heard Of Musk\u2019s \u201cProject Omega\u201d May Be Set to Mint New Millionaires. Here\u2019s How to Get In. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post 7 Utility Stocks to Help You Power Through a Downturn appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Q3 Profit Rises (RTTNews) - Exelon Corporation (EXC) Thursday reported net income of $700 million or $0.70 per share for the third quarter, higher than $676 million or $0.68 per share in the same quarter a year ago, helped by growth in revenue. Excluding special items, earnings were $0.67 per share, that missed the average estimate of analysts polled by Thomson-Reuters of $0.68 per share. Analysts' estimates typically exclude one-time items. Operating revenues increased to $5.980 billion from $4.845 billion last year. The consensus estimate was for $5.05 billion. For the full year, the company has narrowed its outlook for adjusted operating earnings per share to $2.32-$2.40 from $2.30-$2.42. Analysts expect earnings of $2.36 per share. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exelon Q3 23 Earnings Conference Call At 10:00 AM ET (RTTNews) - Exelon Corp (EXC) will host a conference call at 10:00 AM ET on November 2, 2023, to discuss Q3 23 earnings results. To access the live webcast, log on to https://investors.exeloncorp.com/events-and-presentations The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-11-03,41.31,41.48,40.54,40.56,
EXC,2023-11-06,40.46,40.72,39.99,40.02,
EXC,2023-11-07,40.02,40.06,39.63,39.74,
EXC,2023-11-08,39.57,39.68,39.09,39.58,"[""EXC Factor-Based Stock Analysis Below is Validea's guru fundamental report for EXELON CORP (EXC). Of the 22 guru strategies we follow, EXC rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown. EXELON CORP (EXC) is a large-cap growth stock in the Electric Utilities industry. The rating using this strategy is 75% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. UNIVERSE: PASS NET PAYOUT YIELD: FAIL QUALITY AND DEBT: PASS VALUATION: PASS RELATIVE STRENGTH: PASS SHAREHOLDER YIELD: FAIL Detailed Analysis of EXELON CORP EXC Guru Analysis EXC Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book \""Shareholder Yield\"" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics. Additional Research Links Top Large-Cap Growth Stocks Factor-Based Stock Portfolios Dividend Aristocrats 2023 High Insider Ownership Stocks Top S&P 500 Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Vanguard Utilities ETF Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Utilities ETF (Symbol: VPU) where we have detected an approximate $197.1 million dollar outflow -- that's a 4.0% decrease week over week (from 36,924,120 to 35,432,499). Among the largest underlying components of VPU, in trading today Sempra (Symbol: SRE) is down about 1.6%, American Electric Power Co Inc (Symbol: AEP) is off about 1.1%, and Exelon Corp (Symbol: EXC) is lower by about 1.3%. For a complete list of holdings, visit the VPU Holdings page \u00bb The chart below shows the one year price performance of VPU, versus its 200 day moving average: Looking at the chart above, VPU's low point in its 52 week range is $118.8064 per share, with $160.71 as the 52 week high point \u2014 that compares with a last trade of $130.58. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb. Free Report: Top 8%+ Dividends (paid monthly) Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb Also see: \u0095 High-Yield Canadian Real Estate Stocks \u0095 AUDC Stock Predictions \u0095 Top Ten Hedge Funds Holding SNTA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-11-09,39.67,39.975,39.23,39.25,"The 7 Best Stocks to Own in a Volatile Market InvestorPlace - Stock Market News, Stock Advice & Trading Tips While the rest of Wall Street may be basking in the glow of screaming-hot economy, contrarian investors may want to consider the best stocks for a volatile market. Just like in a game of baseball, all it takes is one bad inning to see a big lead evaporate. Yes, U.S. GDP for the third quarter sizzled against expectations. However, that’s probably not an excuse to lose vigilance. For one thing, inflation and interest rates (which obviously impact borrowing costs) both stand at elevated levels. In turn, consumers have little choice but to cut back on their spending. Given that spending represented the bulk of GDP growth, it’s almost a forgone conclusion that Q4 won’t offer a repeat performance. Even if it did, that would still mean more dollars chasing after fewer goods, which doesn’t help the inflation problem. Also, amid the consumer cutbacks, companies have responded with layoff announcements. And we’re not talking about burgers-and-fries jobs but legitimate white-collar opportunities. Stated differently, investors must read between the lines. On that note, here are the best stocks for a volatile market. Costco (COST) Source: ilzesgimene / Shutterstock.com While no market idea should ever be considered a guarantee for best stocks for a volatile market, Costco (NASDAQ:COST) offers – all other factors being considered – a great candidate. No, you’re probably not going to get rich off COST. As well, it’s not immune from a sharp downcycle, as the Great Recession demonstrated. Nevertheless, it tends to lose air gradually and eventually, it rises higher. How come? Fundamentally, Costco – as a membership-only warehouse-style retailer – benefits from a higher-income crowd. When you compare the average Costco shopper to that of other big-box retailers, you’ll find that the former category is more upwardly mobile and carries higher spending power. Therefore, when push comes to shove, COST should be one of the least-impacted ideas (on a relative scale). While COST isn’t cheap, it offers predictable revenue growth and consistent profitability. In addition, it enjoys a cash-rich balance sheet relative to debt. Analysts rate shares a consensus strong buy with a $600.22 average price target. Exelon (EXC) Source: photosounds / Shutterstock.com Based in Chicago, Illinois, Exelon (NASDAQ:EXC) makes its case for best stocks for a volatile market due to relevance. As the largest electric parent company in the U.S. by revenue, it commands a natural monopoly. Not only is the underlying utility sector heavily regulated (and thus difficult to enter), Exelon natively features a massive moat. Stated differently, its customers must pay up irrespective of economic conditions. Now, is that a cynical way to approach the best stocks for a volatile market? Absolutely. However, with arguably limited choices, you’ve got to work with what you have. With Exelon, the cynicism is what keeps the business moving forward. Purely by the financials, it doesn’t seem that attractive. However, the one metric that does pop – consistent profitability over the past decade – is what we really need. And that consistency helps the utility support its 3.54% dividend yield. Overall, analysts peg EXC a moderate buy with a $42.78 target, implying 8% upside. PepsiCo (PEP) Source: suriyachan / Shutterstock.com A multinational food, snack and beverage corporation, PepsiCo (NASDAQ:PEP) offers an appropriate idea for multiple scenarios. However, I believe it will especially become prominent as one of the best stocks for a volatile market. To be sure, the Great Recession proved that even relevant ideas can suffer badly during a downturn. However, PepsiCo is one of the enterprises that consistently marches higher. How come? Primarily, PepsiCo is well-positioned at the moment thanks to the trade-down effect. During decisively bullish cycles – such as before the 2008 financial crisis – consumers are more carefree with their expenditures. Under pressure, though, that collective wallet tightens up. However, people still need the occasional palate-pleasing treat. With PepsiCo being one of the crown jewels of the grocery aisle, it seems a relatively safe idea. Also, the company offers a forward dividend yield of 3.02%, combined with 51 years of consecutive dividend increases. Analysts did it, rating it a moderate buy with a $188.88 price target. Genuine Parts (GPC) Source: Shutterstock Moving onto one of the riskiest but enticing ideas for best stocks for a volatile market, Genuine Parts (NYSE:GPC) will seem an odd enterprise given the topic. Since the start of the year, GPC lost almost 21% of equity value. Yes, you can make the de-risked argument here but it’s still a rough look. Nevertheless, I’m intrigued at the underlying math. Per its public profile, Genuine Parts focuses on the distribution of automotive replacement parts. It owns the NAPA Auto Parts brand, according to its public profile. That’s significant because the average age of vehicles on U.S. roadways hit a record 12.5 years this year. Judging by the decline in the electric vehicle market, this metric may rise next year. Translation? People are not buying new (or new-to-them) cars. Indeed, with the average finance rate on 60-month loans soaring, folks are clearly doing what they can to run their current cars for as long as possible. That’s probably a net positive for GPC. Analysts agree, pegging shares a moderate buy with a $154.38 target, implying almost 15% upside. Albertsons (ACI) Source: Tada Images / Shutterstock A sensible but also risky idea for best stocks for a volatile market, Albertsons (NYSE:ACI) may require patience. Yes, ACI is up modestly for the year. However, in the trailing one-month period, it lost 7% of equity value. Thus, I’m not particularly liking the near-term negative acceleration. However, given the company’s core business of operating supermarkets, I believe a long-term opportunity exists. With inflation stubbornly high – as are borrowing costs – consumers will need to think carefully about their cash flow. If you look at the most recent read from the personal saving rate, it sits at 3.4%. Therefore, whatever savings accumulated from the Covid-19 lockdowns and stimulus checks, those supporting factors are likely gone. One of the best ways to save money now is of course to cook at home. Naturally, this factor should benefit ACI. Also, value-seeking investors will note that shares trade at only 8.12x forward earnings. That’s well lower than the 14.3x sector median. Analysts also rate ACI a moderate buy with a $24.69 target, projecting over 15% growth. Five Below (FIVE) Source: Jonathan Weiss / Shutterstock.com Representing a chain of specialty discount stores, Five Below (NASDAQ:FIVE) makes a logical case among best stocks for a volatile market. As stated earlier, consumers increasingly feel the pressure of inflation and heightened borrowing costs. Therefore, many will be looking to save money. However, they don’t want to go too far down the totem pole. Subsequently, Five Below fills a critical niche. Unlike pure-play dollar stores, Five Below earns its brand name by selling products up to $5. As well, it offers a select range of products that land between $6 and $25. In other words, you don’t have to be on your last dollar to shop here. Instead, it attracts both modest-income households and anyone looking to score a bargain. Financially, what really stands out regarding Five Below compared to its peers is gross margin. On a trailing-12-month (TTM) basis, the company’s gross margin is in line with historical trends. So, it’s not engaging in profit-killing promotions to bolster top-line growth. Analysts have noticed, pegging FIVE a strong buy with a $207 price target. Exxon Mobil (XOM) Source: Jonathan Weiss / Shutterstock.com As a hydrocarbon energy giant, Exxon Mobil (NYSE:XOM) might not immediately make a case for best stocks for a volatile market. After all, with social and political pressure moving drivers to EVs, Exxon’s days appear numbered. However, the high cost of electric mobility combined with broader economic pressures have soured that narrative. And while EVs may still be the future, companies like Exxon will probably be around for a long time. How can I be so sure? Mainly, just by following the logic. While many drivers have obviously complained about scorching high gasoline prices, they’re not high enough to force people to make the transition to EVs. Even now, EV manufacturers are cutting prices and yet for their efforts, dealership inventories continue to rise. As well, other datapoints indicate people are holding onto their combustion cars for as long as possible. Of course, should a sharp downturn materialize, XOM will get hit. However, I believe it will bounce back. Fundamentally, pure relevance should label the company’s forward yield of 3.69% as relatively safe. Finally, analysts rate XOM as a moderate buy with a $129.53 target, implying 26% upside. On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia. More From InvestorPlace ChatGPT IPO Could Shock the World, Make This Move Before the Announcement Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post The 7 Best Stocks to Own in a Volatile Market appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-11-10,39.5,39.605,39.105,39.43,"Ex-Dividend Reminder: American States Water, Allete and Exelon Looking at the universe of stocks we cover at Dividend Channel, on 11/14/23, American States Water Co (Symbol: AWR), Allete Inc (Symbol: ALE), and Exelon Corp (Symbol: EXC) will all trade ex-dividend for their respective upcoming dividends. American States Water Co will pay its quarterly dividend of $0.43 on 12/1/23, Allete Inc will pay its quarterly dividend of $0.6775 on 12/1/23, and Exelon Corp will pay its quarterly dividend of $0.36 on 12/8/23. As a percentage of AWR's recent stock price of $78.82, this dividend works out to approximately 0.55%, so look for shares of American States Water Co to trade 0.55% lower — all else being equal — when AWR shares open for trading on 11/14/23. Similarly, investors should look for ALE to open 1.25% lower in price and for EXC to open 0.91% lower, all else being equal. Below are dividend history charts for AWR, ALE, and EXC, showing historical dividends prior to the most recent ones declared. American States Water Co (Symbol: AWR): Allete Inc (Symbol: ALE): Exelon Corp (Symbol: EXC): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.18% for American States Water Co, 5.00% for Allete Inc, and 3.65% for Exelon Corp. Free Report: Top 8%+ Dividends (paid monthly) In Friday trading, American States Water Co shares are currently up about 1%, Allete Inc shares are up about 0.4%, and Exelon Corp shares are up about 0.4% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » Also see: • ALTA Stock Predictions • SLN Historical Stock Prices • HE Options Chain The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-11-13,39.28,39.47,38.76,38.8,"Commit To Buy Exelon At $30, Earn 5.3% Using Options Investors considering a purchase of Exelon Corp (Symbol: EXC) shares, but tentative about paying the going market price of $38.86/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $30 strike, which has a bid at the time of this writing of $1.60. Collecting that bid as the premium represents a 5.3% return against the $30 commitment, or a 2.5% annualized rate of return (at Stock Options Channel we call this the YieldBoost). Selling a put does not give an investor access to EXC's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. And the person on the other side of the contract would only benefit from exercising at the $30 strike if doing so produced a better outcome than selling at the going market price. (Do options carry counterparty risk? This and six other common options myths debunked). So unless Exelon Corp sees its shares fall 23.2% and the contract is exercised (resulting in a cost basis of $28.40 per share before broker commissions, subtracting the $1.60 from $30), the only upside to the put seller is from collecting that premium for the 2.5% annualized rate of return. Below is a chart showing the trailing twelve month trading history for Exelon Corp, and highlighting in green where the $30 strike is located relative to that history: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2026 put at the $30 strike for the 2.5% annualized rate of return represents good reward for the risks. We calculate the trailing twelve month volatility for Exelon Corp (considering the last 250 trading day closing values as well as today's price of $38.86) to be 19%. For other put options contract ideas at the various different available expirations, visit the EXC Stock Options page of StockOptionsChannel.com. In mid-afternoon trading on Monday, the put volume among S&P 500 components was 2.24M contracts, with call volume at 2.14M, for a put:call ratio of 1.04 so far for the day, which is unusually high compared to the long-term median put:call ratio of .65. In other words, there are lots more put buyers out there in options trading so far today than would normally be seen, as compared to call buyers. Find out which 15 call and put options traders are talking about today. Top YieldBoost Puts of the Nasdaq 100 » Also see: • Stocks Going Ex-Dividend • PBD Videos • ERNA Videos The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-11-14,39.2,39.79,39.14,39.59,"EXC or WEC: Which Is the Better Value Stock Right Now? Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Exelon (EXC) and WEC Energy Group (WEC). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits. Right now, Exelon is sporting a Zacks Rank of #2 (Buy), while WEC Energy Group has a Zacks Rank of #3 (Hold). Investors should feel comfortable knowing that EXC likely has seen a stronger improvement to its earnings outlook than WEC has recently. But this is only part of the picture for value investors. Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels. Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use. EXC currently has a forward P/E ratio of 16.46, while WEC has a forward P/E of 17.23. We also note that EXC has a PEG ratio of 2.61. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. WEC currently has a PEG ratio of 2.99. Another notable valuation metric for EXC is its P/B ratio of 1.52. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, WEC has a P/B of 2.07. Based on these metrics and many more, EXC holds a Value grade of B, while WEC has a Value grade of C. EXC has seen stronger estimate revision activity and sports more attractive valuation metrics than WEC, so it seems like value investors will conclude that EXC is the superior option right now. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report WEC Energy Group, Inc. (WEC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-11-15,39.43,40.19,39.37,39.67,
EXC,2023-11-16,40.03,40.36,39.42,39.48,"Eversource (ES) to Gain From Investments & Renewable Focus Eversource Energy’s ES long-term capital investment plans to expand its infrastructure and expansion of renewable operations will further drive its performance. The company has plans to expand its water business through acquisitions. However, this Zacks Rank #4 (Sell) company is exposed to stringent regulations and substandard performance from third parties that act as headwinds. Tailwinds Eversource pursues organic growth to expand operations. It is currently focused on upgrading its electric distribution and transmission infrastructure. The company forecasts a capital investment of $21.5 billion during 2023-2027 period, out of which it plans to invest $14.2 billion in electric and natural distribution networks and $5.3 billion in its electric transmission segment. It has planned to make clean energy investments of $2 billion during 2023-2027 to strengthen its renewable portfolio. ES plans to monetize its existing 50% interest in its three jointly owned and contracted offshore wind projects (South Fork Wind, Revolution Wind and Sunrise Wind) with a total capacity of 1,758 megawatts. The company diversified operations and forayed into the water business through the acquisition of Aquarion Water Company in December 2017. This will help ES to explore and benefit from the long-term opportunity that the water and wastewater service business presently offers. Eversource plans to invest nearly $1.02 billion through 2027 in the water distribution business to further strengthen its operations. Headwinds The company’s operations are subject to federal, state and local legislative requirements, as well as extensive environmental regulations. The introduction of new mandates could impact its financial performance. Eversource outsources certain business functions to third-party suppliers and service providers. Substandard performance by these third parties could harm its business, reputation and results of operations. Stocks to Consider Some better-ranked stocks from the same industry are Consolidated Edison ED, Exelon Corporation EXC and NiSource Inc. NI, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. ED’s long-term (three to five years) earnings growth rate is 2%. The Zacks Consensus Estimate for 2023 earnings per share (EPS) indicates a year-over-year increase of 7.9%. EXC’s long-term earnings growth rate is 6.3%. The Zacks Consensus Estimate for 2023 EPS indicates a year-over-year improvement of 4%. NI’s long-term earnings growth rate is 7.15%. The Zacks Consensus Estimate for 2023 EPS indicates year-over-year growth of 8.2%. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers ""Most Likely for Early Price Pops."" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.0% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NiSource, Inc (NI) : Free Stock Analysis Report Consolidated Edison Inc (ED) : Free Stock Analysis Report Eversource Energy (ES) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-11-17,39.7,39.72,38.89,38.95,"Alliant Energy (LNT) to Gain From Investments, Clean Portfolio Alliant Energy Corporation’s LNT investments in natural gas projects and stable returns from regulated assets will further drive its bottom line. The company’s focus on electricity generated from clean assets will help serve its expanding customer base. However, this Zacks Rank #3 (Hold) company’s dependence on third-party assets for transmission acts as a headwind. Tailwinds Alliant Energy plans to invest substantially over the next four years to strengthen the electric and gas distribution network as well as add natural gas and renewable assets to its generation portfolio. It expects investments of $9.1 billion during 2024-2027. The company's strong and flexible investment plans will support an 8% base CAGR during the same period. LNT’s earnings prospects look attractive due to ongoing additions to electric and natural gas customer volumes. Its geographic location and favorable regulatory developments bode well for the advancement of wind projects and the company’s long-term earnings growth. The ongoing economic growth in its service territories and increasing customer base are also creating fresh demand for utility services and boosting LNT’s performance. The company is successfully completing major construction projects on time and at or below budget. A constructive regulatory environment will enable it to recover capital expenditures. Alliant Energy continues to be the largest owner-operator of solar energy in Wisconsin. It has all solar sites and panels in control for its planned 1.1 gigawatts of utility-scale solar projects within the state by mid-2024. Headwinds Alliant Energy’s utility operations — IPL and WPL — use the interstate electric transmission system that they do not own or control. Rates charged to these subsidiaries are regulated by FERC. In case transmission costs go up and the company is unable to recover those costs from its customers, operational expenses are bound to rise. A fall in the performance of the third-party electric transmission system will limit LNT’s ability to transmit electricity within its service territories and adversely impact its operations. Stocks to Consider Some better-ranked stocks from the same industry are Consolidated Edison ED, Exelon Corporation EXC and NiSource Inc. NI, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. ED’s long-term (three to five years) earnings growth rate is 2%. The Zacks Consensus Estimate for 2023 earnings per share (EPS) indicates a year-over-year increase of 7.9%. EXC’s long-term earnings growth rate is 6.3%. The Zacks Consensus Estimate for 2023 EPS indicates a year-over-year improvement of 4%. NI’s long-term earnings growth rate is 7.15%. The Zacks Consensus Estimate for 2023 EPS indicates year-over-year growth of 8.2%. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NiSource, Inc (NI) : Free Stock Analysis Report Consolidated Edison Inc (ED) : Free Stock Analysis Report Alliant Energy Corporation (LNT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-11-20,38.91,39.24,38.55,39.08,"[""Here's Why You Should Add Exelon (EXC) to Your Portfolio Now Exelon Corporation\u2019s EXC long-term investment plans to strengthen its transmission and distribution infrastructure will further drive its performance. Given its growth opportunities and strong dividend history, EXC makes for a solid investment option in the utility sector. Let\u2019s focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment. Growth Projections & Surprise History The Zacks Consensus Estimate for EXC\u2019s fourth-quarter 2023 earnings per share (EPS) has increased 11.8% to 57 cents in the past 60 days. EXC\u2019s long-term (three- to five-year) earnings growth rate is 6.3%. It delivered an average earnings surprise of 1.8% in the last four quarters. Return on Equity Return on equity (ROE) indicates how efficiently a company has been utilizing its funds to generate higher returns. In the trailing twelve months, EXC\u2019s ROE is 8.82%, higher than the industry\u2019s average of 6.96%. This indicates that the company has been utilizing its funds more constructively than its peers in the electric power utility industry. Dividend History Exelon has been consistently increasing shareholders\u2019 value by paying dividends. Currently, its quarterly dividend is 36 cents per share. This resulted in an annualized dividend of $1.44 per share, indicating a 6.7% improvement from the previous year\u2019s reported figure of $1.35. Exelon aims to increase its dividend per share by 6-8% annually through 2026, subject to the approval of its board of directors. The company\u2019s current dividend yield is 3.7%, better than the Zacks S&P 500 Composite's average of 1.43%. Systematic Investments EXC invests substantially in infrastructure projects. It plans to invest nearly $31.3 billion during 2023-2026 in regulated utility operations for grid modernization and enhancement of its infrastructure\u2019s resilience for the benefit of its customers. The company is set to invest $20.8 billion in electric distribution, $6.7 billion in electric transmission and $3.9 billion in gas delivery during 2023-2026. It is also targeting long-term EPS growth of 6-8% annually during the same period. Price Performance In the past year, Exelon\u2019s shares have rallied 0.6% against the industry\u2019s average decline of 11%. Image Source: Zacks Investment Research Other Stocks to Consider A few other top-ranked stocks from the same industry are Consolidated Edison ED, PPL Corporation PPL and NiSource Inc NI, each carrying a Zacks Rank #2 at present. You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Consolidated Edison\u2019s long-term earnings growth rate is 2%. The Zacks Consensus Estimate for the company\u2019s 2023 EPS is pinned at $4.91, implying a year-over-year increase of 7.9%. PPL\u2019s long-term earnings growth rate is 7.42%. The consensus estimate for the company\u2019s 2023 EPS is pegged at $1.58, indicating a year-over-year improvement of 12.1%. NiSource\u2019s long-term earnings growth rate is 7.15%. The consensus estimate for the company\u2019s 2023 EPS is pinned at $1.59, indicating year-over-year growth of 8.2%. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s credited with a \u201cwatershed medical breakthrough\u201d and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows. It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report PPL Corporation (PPL) : Free Stock Analysis Report NiSource, Inc (NI) : Free Stock Analysis Report Consolidated Edison Inc (ED) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Surprising Analyst 12-Month Target For QQQ Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Invesco QQQ ETF (Symbol: QQQ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $423.93 per unit. With QQQ trading at a recent price near $386.04 per unit, that means that analysts see 9.81% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of QQQ's underlying holdings with notable upside to their analyst target prices are AstraZeneca plc (Symbol: AZN), Exelon Corp (Symbol: EXC), and NXP Semiconductors NV (Symbol: NXPI). Although AZN has traded at a recent price of $64.13/share, the average analyst target is 29.42% higher at $83.00/share. Similarly, EXC has 11.64% upside from the recent share price of $38.97 if the average analyst target price of $43.50/share is reached, and analysts on average are expecting NXPI to reach a target price of $221.26/share, which is 10.11% above the recent price of $200.94. Below is a twelve month price history chart comparing the stock performance of AZN, EXC, and NXPI: Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET Invesco QQQ ETF QQQ $386.04 $423.93 9.81% AstraZeneca plc AZN $64.13 $83.00 29.42% Exelon Corp EXC $38.97 $43.50 11.64% NXP Semiconductors NV NXPI $200.94 $221.26 10.11% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets \u00bb Also see: \u0095 BLCO Average Annual Return \u0095 Funds Holding NATH \u0095 Top Ten Hedge Funds Holding KMG The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-11-21,38.94,39.07,38.345,38.88,
EXC,2023-11-22,38.98,39.065,38.62,38.86,"EXC Factor-Based Stock Analysis Below is Validea's guru fundamental report for EXELON CORP (EXC). Of the 22 guru strategies we follow, EXC rates highest using our Multi-Factor Investor model based on the published strategy of Pim van Vliet. This multi-factor model seeks low volatility stocks that also have strong momentum and high net payout yields. EXELON CORP (EXC) is a large-cap growth stock in the Electric Utilities industry. The rating using this strategy is 81% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. MARKET CAP: PASS STANDARD DEVIATION: PASS TWELVE MINUS ONE MOMENTUM: NEUTRAL NET PAYOUT YIELD: NEUTRAL FINAL RANK: FAIL Detailed Analysis of EXELON CORP EXC Guru Analysis EXC Fundamental Analysis More Information on Pim van Vliet Pim van Vliet Portfolio About Pim van Vliet: In investing, you typically need to take more risk to get more return. There is one major exception to this in the factor investing world, though. Low volatility stocks have been proven to outperform their high volatility counterparts, and do so with less risk. Pim van Vliet is the head of Conservative Equities at Robeco Asset Management. His research into conservative factor investing led to the creation of this strategy and the publication of the book ""High Returns From Low Risk: A Remarkable Stock Market Paradox"". Van Vliet holds a PhD in Financial and Business Economics from Erasmus University Rotterdam. Additional Research Links Top Large-Cap Growth Stocks Factor-Based Stock Portfolios Dividend Aristocrats 2023 High Insider Ownership Stocks Top S&P 500 Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-11-24,38.93,39.24,38.74,39.19,
EXC,2023-11-27,39.19,39.26,38.845,39.14,"Do Options Traders Know Something About Exelon (EXC) Stock We Don't? Investors in Exelon Corporation EXC need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 19, 2024 $35.00 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. What do the Analysts Think? Clearly, options traders are pricing in a big move for Exelon shares, but what is the fundamental picture for the company? Currently, Exelon is a Zacks Rank #3 (Hold) in the Utility - Electric Power industry that ranks in the Top 21% of our Zacks Industry Rank. Over the last 60 days, four analysts have increased the earnings estimates for the current quarter, while none has revised the estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from 51 cents per share to 58 cents in that period. Given the way analysts feel Exelon right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Looking to Trade Options? Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. Click to see the trades now >> Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
EXC,2023-11-28,39.19,39.565,38.93,39.16,
EXC,2023-11-29,39.27,39.33,38.25,38.39,
EXC,2023-11-30,38.41,38.6,38.165,38.51,
EXC,2023-12-01,38.58,39.01,38.22,38.99,
EXC,2023-12-04,38.77,39.01,38.545,38.73,
EXC,2023-12-05,38.79,38.8,38.21,38.5,
EXC,2023-12-06,38.74,39.45,38.63,39.41,
EXC,2023-12-07,39.52,39.88,39.15,39.34,"[""Noteworthy ETF Outflows: VPU, SRE, AEP, EXC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Utilities ETF (Symbol: VPU) where we have detected an approximate $99.7 million dollar outflow -- that's a 2.0% decrease week over week (from 35,432,499 to 34,707,849). Among the largest underlying components of VPU, in trading today Sempra (Symbol: SRE) is up about 0.1%, American Electric Power Co Inc (Symbol: AEP) is up about 0.3%, and Exelon Corp (Symbol: EXC) is up by about 0.3%. For a complete list of holdings, visit the VPU Holdings page \u00bb The chart below shows the one year price performance of VPU, versus its 200 day moving average: Looking at the chart above, VPU's low point in its 52 week range is $118.8064 per share, with $160.71 as the 52 week high point \u2014 that compares with a last trade of $137.66. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb. Free Report: Top 8%+ Dividends (paid monthly) Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb Also see: \u0095 Electronics Stores Dividend Stocks \u0095 Funds Holding XPEL \u0095 Funds Holding TPS The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Xcel Energy (XEL) & Ford to Install 30,000 EV Charging Ports Xcel Energy Inc. XEL and Ford Pro, the commercial division of Ford Motor Company F, announced a collaboration to support the deployment of 30,000 electric vehicle (EV) charging ports in Xcel Energy\u2019s service territories across the United States by 2030. Most of the upfront costs will be offset by XEL, and Ford Pro will provide charging equipment and post-installation customer service and support. Both companies are launching the 30x30 project as part of Xcel Energy's larger Electric Vehicle Supply Infrastructure (EVSI) program. The idea is to expand EV adoption and expand corporate fleets' access to charging infrastructure throughout the company\u2019s service regions in the United States. Beginning 2024, the 30x30 program will be available in Colorado and Wisconsin through Xcel Energy's EVSI program. The program will look for growth opportunities in other states within XEL\u2019s service territories, including Michigan, Minnesota, New Mexico, North Dakota, South Dakota and Texas, over the next six years. In addition, Xcel Energy and Ford Pro plan to use telemetry data collected from participating vehicles to encourage commercial charging during peak hours, which will help reduce emissions to the grid and save money for customers. XEL\u2019s Focus on Electric Mobility Xcel Energy is focused on undertaking initiatives to produce and deliver clean energy to customers, which will help in achieving the net-zero emission target by 2050. The company\u2019s increasing portfolio of EV programs, innovative solutions, robust support and charging infrastructure aims to accelerate the future of zero-carbon transportation. The company is ambitiously driving toward a goal to enable one out of five vehicles to be electric by 2030, helping customers save $1 billion annually on fuel and cutting down transportation related emissions. Promising EV Prospects Per the International Energy Agency (IEA), in the net zero scenario, the use of EVs is going to increase globally and EV sales are set to contribute around 65% to total car sales in 2030. EV sales increased 55% in 2022 compared with the 2021 level. IEA expects sales to improve approximately 25% every year during 2023-2030. A well-organized EV charging network will be necessary due to the enormous rise in EV usage over the next few years, which will also help reduce emissions from vehicles. Along with Xcel Energy, other electric power companies like Exelon Corporation EXC and Duke Energy DUK have also been expanding their footprint in the EV market. In October 2023, Exelon\u2019s unit ComEd, in partnership with Millennium Garages, announced its plan to install up to 300 total EV chargers at the downtown Chicago parking complex by 2026. This will expand charging infrastructure and support State\u2019s goal of opening Illinois\u2019 roads to 1 million EVs by 2030. EXC\u2019s long-term (three to five years) earnings growth rate is 6.3%. It delivered an average earnings surprise of 1.8% in the last four quarters. Duke Energy has been focusing on the growing EV market. The company aims to convert all of its 4,000 light-duty vehicles and 50% of its 6,000 medium-duty, heavy-duty and off-road vehicles to EVs, plug-in hybrids or other zero-carbon alternatives by 2030. DUK\u2019s long-term earnings growth rate is 6.09%. The Zacks Consensus Estimate for the company\u2019s 2023 EPS indicates year-over-year growth of 6.1%. Price Performance In the past three months, shares of XEL have risen 8.6% against the industry\u2019s 4% decline. Image Source: Zacks Investment Research Zacks Rank Xcel Energy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services likeSurprise Trader, Stocks Under $10, Technology Innovators,and more. They've already closed 162 positions with double- and triple-digit gains in 2023 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Xcel Energy Inc. (XEL) : Free Stock Analysis Report Ford Motor Company (F) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-12-08,39.37,39.38,38.975,39.21,
EXC,2023-12-11,39.35,39.63,39.095,39.52,"[""Wednesday Sector Leaders: Utilities, Healthcare The best performing sector as of midday Wednesday is the Utilities sector, up 1.2%. Within that group, Edison International (Symbol: EIX) and Exelon Corp (Symbol: EXC) are two large stocks leading the way, showing a gain of 2.1% and 2.0%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 1.2% on the day, and down 6.54% year-to-date. Edison International, meanwhile, is up 10.82% year-to-date, and Exelon Corp, is down 3.46% year-to-date. Combined, EIX and EXC make up approximately 7.0% of the underlying holdings of XLU. The next best performing sector is the Healthcare sector, up 0.8%. Among large Healthcare stocks, Vertex Pharmaceuticals, Inc. (Symbol: VRTX) and Revvity Inc (Symbol: RVTY) are the most notable, showing a gain of 12.0% and 5.4%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is up 0.5% in midday trading, and up 0.24% on a year-to-date basis. Vertex Pharmaceuticals, Inc., meanwhile, is up 40.07% year-to-date, and Revvity Inc, is down 32.99% year-to-date. Combined, VRTX and RVTY make up approximately 2.2% of the underlying holdings of XLV. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, four sectors are up on the day, while four sectors are down. SECTOR % CHANGE Utilities +1.2% Healthcare +0.8% Financial +0.2% Materials +0.2% Energy -0.0% Consumer Products -0.1% Services -0.1% Industrial -0.2% Technology & Communications -0.3% 10 ETFs With Stocks That Insiders Are Buying \u00bb Also see: \u0095 AHAC market cap history \u0095 LEGR Average Annual Return \u0095 ALSN Dividend History The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""7 Top-Performing Utility Stocks for Steady Growth InvestorPlace - Stock Market News, Stock Advice & Trading Tips With the jobs market again continuing to surprise the doom-and-gloom folks, now might not seem a great time to consider high-performing utility stocks; that is, utility companies and related businesses that print relatively robust operational figures, thus making for steady growth investments. However, read between the lines and you may come away with a different perspective. Primarily, we really don\u2019t know what will materialize next. For example, because the labor print came in so hot, Wall Street responded only modestly because the Federal Reserve might delay interest rate cuts. If so, that wouldn\u2019t be great for pure growth-oriented enterprises. However, it could boost high-performing utility stocks due to their underlying indelible nature. And even if the Fed decided to cut rates at the soonest opportunity, reliability utility stocks will still likely benefit. After all, we\u2019re not talking about a cyclical industry here. Rather, whether the economy is humming or dying, people (and businesses) need to pay their bills. Therefore, high-performing utility stocks deserve extra consideration. Algonquin Power & Utilities (AQN) Source: zhao jiankang / Shutterstock.com A Canadian renewable energy and regulated utility conglomerate, Algonquin Power & Utilities (NYSE:AQN) features assets across North America. Primarily, the company invests in hydroelectric, wind and solar power facilities, along with utility businesses. However, circumstances have not been auspicious for AQN, with shares down about 10% since the start of the year. Still, what AQN ranks among the high-performing utility stocks given the underlying difficult post-pandemic conditions. Despite the impact of the Covid-19 crisis, Algonquin posted sales growth of 3% in 2020 compared to the prior year. This demonstrates the resilience of utilities-based steady growth investments. Also, on a trailing-12-month (TTM) basis, its sales clocks in at $2.78 billion, up modestly from 2022\u2019s monstrous growth year. Just as well, Algonquin delivers the goods in terms of passive income. Right now, the company offers a forward yield of 7.15%, well above the average for reliable utility stocks at 3.75%. While the red ink presents value trap concerns, it\u2019s also worth noting that AQN trades at a forward earnings multiple of 10.82x. This could turn out to be a discount. Duke Energy (DUK) Source: Jonathan Weiss / Shutterstock.com One of the more popular enterprises among high-performing utility stocks, Duke Energy (NYSE:DUK) is an electric power and natural gas holding company. Based in Charlotte, North Carolina, the company covers several compelling states in the eastern region of the nation. I say compelling because young people have been moving to states like the Carolinas for cost-of-living reasons. Stated differently, Duke is positioned where the money will be, adding confidence to the fundamental growth narrative. But keep in mind that Duke financially represents one of the steady growth investments. While 2020 saw a Covid-impacted dip, since then, Duke has been marching higher in the top line. On a TTM basis, it sports sales of $29.2 billion, up from the $28.8 billion posted in 2022. Now, do you pay a premium for this stable growth? At a forward earnings multiple of 15.85X, you do. However, you should also note that Duke offers a forward yield of 4.34%. Also, analysts peg DUK as a consensus moderate buy. FirstEnergy (FE) Source: Pand P Studio / Shutterstock.com Headquartered in Akron, Ohio, FirstEnergy (NYSE:FE) is an electric utility. Per its public profile, its subsidiaries and affiliates are involved in the distribution, transmission and generation of electricity. In addition, it offers energy management and other energy-related services. While a relevant enterprise among high-performing utility stocks, FE lost about 12% of equity value since the January opener. However, I\u2019d be remiss to not point out that in the trailing month, shares gained almost 5%. And since bottoming on Oct. 2, shares have generally printed a series of higher highs and higher lows. Even better, the move doesn\u2019t seem to be based exclusively off of technical hocus pocus. Following a pandemic-disrupted revenue dip in 2020, the company has been steadily expanding the top line. Further, on a TTM basis, FirstEnergy rang up sales of $12.9 billion. That\u2019s noticeably higher than the $12.5 billion it registered for the last fiscal year. Also, TTM net income stands at $524 million, substantially higher than the $406 million in 2022. Regarding passive income, the company carries a forward yield of 4.42%. Thus, it makes a solid case for reliable utility stocks. Exelon (EXC) Source: photosounds / Shutterstock.com Hailing from Chicago, Illinois, Exelon (NASDAQ:EXC) represents the largest electric parent company in the U.S. by revenue. Per its public profile, it\u2019s also the largest regulated electric utility in the U.S. with approximately 10 million customers. Just from these top-level stats, EXC makes a solid candidate for steady growth investments. To be fair, though, EXC\u2019s loss of 9% since the January opener raises some eyebrows. Nevertheless, if you\u2019re looking for quality high-performing utility stocks, Exelon should be on your radar, especially during these ambiguous times. Now, Exelon appears to have suffered a severe drop in revenue in 2021. That\u2019s due to a splitting of the utility and power generation businesses. Having said that, post-split, Exelon has demonstrated encouraging growth. For example, on a TTM basis, the company posted sales of $21 billion. That\u2019s noticeably higher than the $19.08 billion rung up in 2022. So, it makes for one of the reliable utility stocks. Let\u2019s also not forget that the company offers a forward yield of 3.67%. Sempra Energy (SRE) Source: Michael Vi / Shutterstock.com Headquartered in San Diego, California, Sempra Energy (NYSE:SRE) is one of the largest utility holding companies in the U.S. with nearly 40 million customers. And since we\u2019re talking about Southern California, these customers are generally better off than average. Another attribute that Sempra benefits from is that SoCal is a destination region and a coastal powerhouse. Stated differently, the area will always be relevant. For that reason, you should consider it one of the high-performing utility stocks built for the long haul. Sure, SRE is down about 6% since the beginning of the year. Almost certainly, that\u2019s a temporary blip in the utility giant\u2019s narrative. Again, the region that Sempra serves is too relevant, both from a residential and business perspective. Also, it delivers the goods financially, making it one of the best steady growth investments. For instance, 2020 saw revenue growth despite the Covid-19 impact. On a TTM basis, Sempra prints sales of $16.7 billion, up from 2022\u2019s haul of $14.4 billion. As a bonus, the utility offers a forward yield of 3.29%. NextEra Energy (NEE) Source: IgorGolovniov/Shutterstock.com A stalwart in the environmental, social, governance (ESG) arena, NextEra Energy (NYSE:NEE) is one of the most popular reliable utility stocks. According to its public profile, NextEra is the world\u2019s largest electric utility holding company by market capitalization. It offers a range of services, including generation of renewable energy from wind and solar networks. Still, despite its extraordinary relevance, the go-green segment has been hit hard. Since the start of the year, NEE gave up almost 29% of equity value. Admittedly, the severity of the red ink is distracting and warrants a cautious approach. That said, NEE popped up 9% in the trailing month, offering some comfort to prospective investors. In terms of the print, NextEra is holding its own. While it incurred a dip in sales in 2020 and 2021, 2022 saw a rebound in growth. Further, TTM sales clocks in at $27.4 billion, up from the prior year\u2019s tally of nearly $21 billion. To help sweeten the pot, the company offers a forward yield of 3.13%. It also carries a consensus moderate buy view among analysts. Brookfield Infrastructure (BIP) Source: T. Schneider / Shutterstock Based in Toronto, Canada, Brookfield Infrastructure (NYSE:BIP) engages in the acquisition and management of infrastructure assets on a global basis. Its network includes utilities, transportation, energy and communications infrastructure. While it might not be a pure-play idea among high-performing utility stocks, its related business model deserves consideration. Now, as a warning, BIP is not unlike other utilities in that it has incurred a rough year in 2023. Since the beginning of January, BIP slipped 10%. Still, it\u2019s also fair to point out that the bulls are trying to recover lost returns. In the trailing month, BIP gained almost 9%. Further, the company has increased its top line on a consecutive basis since 2015. Even better, on a TTM basis, Brookfield\u2019s revenue comes out to $16.7 billion. That\u2019s noticeably above 2022\u2019s tally of $14.4 billion. Also, BIP trades at 0.79x trailing sales, meaning that it\u2019s technically undervalued. For good measure, the company carries a robust forward yield of 5.43%. And a unanimous strong buy consensus makes BIP one of the steady growth investments you can trust. On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia. More From InvestorPlace ChatGPT IPO Could Shock the World, Make This Move Before the Announcement Musk\u2019s \u201cProject Omega\u201d May Be Set to Mint New Millionaires. Here\u2019s How to Get In. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post 7 Top-Performing Utility Stocks for Steady Growth appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-12-12,39.66,39.66,39.18,39.44,"[""PPL or EXC: Which Is the Better Value Stock Right Now? Investors interested in stocks from the Utility - Electric Power sector have probably already heard of PPL (PPL) and Exelon (EXC). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits. Right now, PPL is sporting a Zacks Rank of #2 (Buy), while Exelon has a Zacks Rank of #3 (Hold). This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that PPL is likely seeing its earnings outlook improve to a greater extent. But this is just one piece of the puzzle for value investors. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors. PPL currently has a forward P/E ratio of 16.64, while EXC has a forward P/E of 16.75. We also note that PPL has a PEG ratio of 2.24. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. EXC currently has a PEG ratio of 2.66. Another notable valuation metric for PPL is its P/B ratio of 1.39. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, EXC has a P/B of 1.54. These metrics, and several others, help PPL earn a Value grade of B, while EXC has been given a Value grade of C. PPL is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that PPL is likely the superior value option right now. 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with \""black gold.\"" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PPL Corporation (PPL) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Nasdaq 100 Movers: EXC, JD In early trading on Friday, shares of JD.com, topped the list of the day's best performing components of the Nasdaq 100 index, trading up 4.4%. Year to date, JD.com has lost about 51.2% of its value. And the worst performing Nasdaq 100 component thus far on the day is Exelon, trading down 5.0%. Exelon is lower by about 16.7% looking at the year to date performance. Two other components making moves today are Lucid Group, trading down 3.7%, and Costco Wholesale, trading up 3.8% on the day. VIDEO: Nasdaq 100 Movers: EXC, JD The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Discounter Pepco says 'sales challenges' to continue into 2024 Recasts lead, adds detail throughout LONDON, Dec 12 (Reuters) - European discount retailer Pepco Group PCOP.WA cautioned on Tuesday that it expected \""industry-wide short-term sales challenges\"" to continue into 2024. The Warsaw-listed group, which owns the Pepco, Poundland and Dealz brands and warned on the outlook twice in September, also reported a 3.1% rise in full-year core earnings in line with its latest guidance. Executive Chairman Andy Bond, however, did say he was \""cautiously encouraged\"" by recent third-party data pointing to an expected easing of some pressures on household budgets, particularly in Central and Eastern Europe. \""We also continue to expect gross margin recovery throughout the year, and are already seeing encouraging signs here,\"" Bond said. The group said trading since the start of its new financial year has been mixed, with overall like-for-like revenues down 3.1% in the eight weeks to Nov. 26. It made underlying EBITDA of 753 million euros ($811 million) in the year to Sept. 30, up from the 731 million euros in 2021-22. Revenue was 5.65 billion euros, up 17.7% on a constant currency basis, as a net 668 new stores were opened, taking the total to 4,629 at the end of the period. As previously flagged, the group said the profit outcome reflected weaker than expected fourth-quarter sales, particularly in Central and Eastern Europe, a lower gross margin as it shifted older stock, higher costs, and the drag from investment in new stores. It also took an additional provision for excess stock. In October, the group said it would slow down its store opening programme to focus on rebuilding profitability. It also committed to the UK as its largest market. It still plans to open at least 400 net new stores in 2023/24 and is stepping-up the expansion of Poundland. \""The opportunities in our core markets remain significant, and we will leverage them in a more targeted way,\"" Bond said. Shares in Pepco are down 38% so far this year. ($1 = 0.9285 euros) (Reporting by James Davey; Editing by Shri Navaratnam and Kim Coghill) ((james.davey@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-12-13,39.49,41.08,39.34,41.0,"[""Friday Sector Laggards: Financial, Utilities In afternoon trading on Friday, Financial stocks are the worst performing sector, showing a 1.5% loss. Within the sector, Zions Bancorporation, N.A. (Symbol: ZION) and Alexandria Real Estate Equities Inc (Symbol: ARE) are two of the day's laggards, showing a loss of 4.4% and 4.0%, respectively. Among financial ETFs, one ETF following the sector is the Financial Select Sector SPDR ETF (Symbol: XLF), which is down 0.8% on the day, and up 9.94% year-to-date. Zions Bancorporation, N.A., meanwhile, is down 6.55% year-to-date, and Alexandria Real Estate Equities Inc, is down 7.85% year-to-date. ZION makes up approximately 0.1% of the underlying holdings of XLF. The next worst performing sector is the Utilities sector, showing a 1.4% loss. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and Ameren Corp (Symbol: AEE) are the most notable, showing a loss of 5.2% and 3.7%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 1.4% in midday trading, and down 6.71% on a year-to-date basis. Exelon Corp, meanwhile, is down 13.43% year-to-date, and Ameren Corp, is down 15.53% year-to-date. Combined, EXC and AEE make up approximately 5.8% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, none of the sectors are up on the day, while nine sectors are down. SECTOR % CHANGE Technology & Communications -0.2% Materials -0.3% Industrial -0.5% Services -0.7% Energy -0.8% Consumer Products -1.0% Healthcare -1.1% Utilities -1.4% Financial -1.5% 10 ETFs With Stocks That Insiders Are Buying \u00bb Also see: \u0095 Institutional Holders of NSLP \u0095 Funds Holding BHG \u0095 REVG Past Earnings The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""FirstEnergy's (FE) Units Win Transmission Projects Worth $800M FirstEnergy Corporation FE announced that its subsidiaries Potomac Edison and Mid-Atlantic Interstate Transmission (\u201cMAIT\u201d) have been awarded three transmission projects by regional transmission organization PJM Interconnection. These transmission projects are worth almost $800 million and spread across Maryland, Pennsylvania, Virginia and West Virginia. The projects were filed by Potomac Edison and MAIT earlier this year in response to PJM's request for bids, which was made in response to the data centers across its territory, particularly in Northern Virginia. Details of the Projects The projects are aimed at upgrading a 24-mile power transmission line from Adams County, PA, to Carroll County, MD. A new set of 230 kilovolt (kV) electrical wires, officially called a circuit, is inserted into the upgraded line as part of its complement to the current 115/138 kV wire in the corridor. In addition, as part of the $135 million project, MAIT will replace a nearby 115 kV transmission line and complete all necessary upgrades to the existing equipment. In the Frederick and Montgomery counties, MD, the existing 500 kV and double-circuit 230 kV lines will be converted into adjacent transmission structures, each with 500 kV line sets over 230 kV lines for a total of four circuits. One 500/230-kV double circuit will extend 8 miles from Potomac Edison's existing Doubs Substation in Frederick to a substation in Montgomery, owned by Exelon Corp. EXC. The other circuit will continue south another 7 miles to the Virginia state line. The $235-million project includes associated upgrades at the Doubs Substation. The projects also include the conversion of 36 miles of existing 138 kV transmission lines in Virginia and West Virginia to a double-circuit line with 500 kV conductors installed over 138 kV lines. Located in Frederick and Clark counties, VA, and Jefferson County, WV, the $392-million project includes substation upgrades and is part of a larger 160-mile transmission line project. Benefits of Upgrades A rise in temperature not only increases the demand for electricity but also poses a threat to electric infrastructure. These upgrades and maintenance tasks are crucial to maintaining service reliability and ensuring customer satisfaction. The projects will increase reliability, meet the rising demand for power from commercial and residential customers, and make it easier to link renewable energy sources like solar and wind. The U.S. Department of Energy states that the effort will also help improve the system's overall electrical flow and address the effects of power plant retirements, which produced 11 gigawatts of energy, enough to run 1.1 billion LED lightbulbs at a time. Utilities\u2019 Focus on Infrastructure In order to provide reliable services to customers, utilities make systematic investments to upgrade transmission and distribution lines and develop new substations. The objective is to warrant a proper supply of electricity to millions of customers across the United States. Electric power companies like Xcel Energy, Inc. XEL and Duke Energy DUK are also adopting measures to strengthen their existing infrastructure. Xcel Energy aims to spend $34 billion during 2024-2028, out of which the company plans to invest nearly $21.8 billion in strengthening its electric distribution and transmission operations. XEL\u2019s long-term (three to five years) earnings growth rate is 6.12%. The Zacks Consensus Estimate for 2023 earnings per share (EPS) implies a year-over-year improvement of 5.4%. Duke Energy remains focused on expanding its scale of operations and implementing modern technologies at its facilities. Almost 85% of the company\u2019s planned investment funds its generation fleet transition and grid modernization. This includes approximately $75 billion to modernize and strengthen its transmission and distribution infrastructure. DUK\u2019s long-term earnings growth rate is 6.09%. The Zacks Consensus Estimate for 2023 EPS implies a year-over-year increase of 6.1%. Price Performance In the past three months, shares of FirstEnergy have risen 2.3% against the industry\u2019s 4.4% decline. Image Source: Zacks Investment Research Zacks Rank FirstEnergy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It\u2019s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is \u201cWill you get into the right stocks early when their growth potential is greatest?\u201d Zacks has released a Special Report to help you do just that, and today it\u2019s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale. Download FREE: How To Profit From Trillions On Spending For Infrastructure >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Xcel Energy Inc. (XEL) : Free Stock Analysis Report FirstEnergy Corporation (FE) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-12-14,41.22,41.425,37.46,37.9,
EXC,2023-12-15,37.44,37.5,35.32,35.49,"[""Exelon (EXC) Shares Enter Oversold Territory In trading on Monday, shares of Exelon Corp (Symbol: EXC) entered into oversold territory, changing hands as low as $34.56 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Exelon Corp, the RSI reading has hit 29.3 \u2014 by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 53.6, the RSI of WTI Crude Oil is at 47.0, the RSI of Henry Hub Natural Gas is presently 36.6, and the 3-2-1 Crack Spread RSI is 53.8. A bullish investor could look at EXC's 29.3 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), EXC's low point in its 52 week range is $34.56 per share, with $44.365 as the 52 week high point \u2014 that compares with a last trade of $34.58. Exelon Corp shares are currently trading off about 2.6% on the day. The EXC RSI information above was sourced from TechnicalAnalysisChannel.com Click here to find out which 9 other oversold energy stocks you need to know about \u00bb Also see: \u0095 BPSG Videos \u0095 YGYI Historical Stock Prices \u0095 WE Historical Stock Prices The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for Dec 18, 2023 Wall Street ended mixed on Friday to close out the week. Markets pared some of the gains made in the week on important Fed officials turning hawkish. Two of the three major stock indexes ended in the green while one remained flat. How Did the Benchmarks Perform? The Dow Jones Industrial Average (DJI) rose 0.2%, or 56.81 points, to close at 37,305.16. Twenty-one components of the 30-stock index ended in positive territory, while nine ended in negative. The tech-heavy Nasdaq Composite gained 0.4%, or 52.36 points, to close at 14,813.92. The S&P 500 remained virtually flat at 4,719.19. Eight out of the 11 broad sectors of the benchmark index closed in the red. The Utilities Select Sector SPDR (XLU), the Real Estate Select Sector SPDR (XLRE) and the Health Care Select Sector SPDR (XLV) retracted 1.7%, 1.2% and 0.9%, respectively, while the Technology Select Sector SPDR (XLK) advanced 0.5%. The fear-gauge CBOE Volatility Index (VIX) decreased 1.6% to 12.28. A total of 19.8 billion shares were traded on Friday, higher than the last 20-session average of 11.8 billion. Decliners outnumbered advancers on the NYSE by a 2.00-to-1 ratio. On the Nasdaq, declining issues led advancing ones by 1.54-to-1. Comments From Fed Officials Dampen Mood The recent euphoria witnessed in Wall Street on the back of Jerome Powell\u2019s assertion that the Fed might have reached the end of its rate hike cycle and is looking to cut rates soon got dampened a bit on Friday. One of the top policymakers from the central bank turned hawkish, and the markets pared some of the stellar gains made through the week. \""We aren't really talking about rate cuts right now,\"" New York Fed president John Williams said in an interview on Friday. On the question of rate cuts, he said, \""I just think it's just premature to be even thinking about that.\"" The central bank continues to mull whether monetary policy is in the right place to help guide inflation back to its 2% target. Atlanta Fed president Raphael Bostic also, in an interview given on Friday, suggested that he does not expect a rate cut before third-quarter 2024. This also had an adverse impact on the mood of market participants, as the general consensus is for a rate cut in the first quarter. Consequently, shares of American Electric Power Company, Inc. AEP and Exelon Corporation EXC declined 1.3% and 6.4%, respectively. Both carry a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Weekly Roundup All of the three widely followed indexes closed a seventh straight winning week. The Dow Jones Industrial Average, the tech-heavy Nasdaq Composite and the S&P 500 jumped 2.9%, 2.8% and 2.5%, respectively. During the week, investor mood remained upbeat upon the conclusion of the Fed December meeting, where it signaled that interest rates may have already peaked and rate cuts were to be expected in 2024. Inflation indicators also suggested that the tight monetary policy employed by the central bank was taking effect, with headline PPI remaining flat and CPI coming in way below expectations. Treasury yields fell, hovering around the 4% mark, down from their October peak of above 5%. Economic Data Per the Federal Reserve, capacity utilization for November came in at 78.8, increasing slightly from the revised figure of 78.7 for October. The October number had been previously reported to be at 78.9. Industrial production for November increased 0.2% against the revised -0.9% for October. The October number was earlier reported to be at -0.6%. Zacks Naming Top 10 Stocks for 2024 Want to be tipped off early to our 10 top picks for the entirety of 2024? History suggests their performance could be sensational. From 2012 (when our Director of Research, Sheraz Mian assumed responsibility for the portfolio) through November, 2023, the Zacks Top 10 Stocks gained +974.1%, nearly TRIPLING the S&P 500\u2019s +340.1%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2024. Don\u2019t miss your chance to get in on these stocks when they\u2019re released on January 2. Be First to New Top 10 Stocks >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report American Electric Power Company, Inc. (AEP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
EXC,2023-12-18,35.39,35.59,34.22,34.45,
EXC,2023-12-19,34.43,35.42,34.05,35.41,
EXC,2023-12-20,35.45,35.6,34.81,34.81,
EXC,2023-12-21,34.92,35.25,34.81,35.07,
EXC,2023-12-22,35.24,35.82,35.2,35.26,
EXC,2023-12-26,35.19,35.63,35.18,35.53,
EXC,2023-12-27,35.56,35.655,35.095,35.41,
EXC,2023-12-28,35.4,35.99,35.34,35.85,
EXC,2023-12-29,35.7,35.95,35.57,35.9,
EXC,2024-01-02,35.75,36.675,35.58,36.47,
EXC,2024-01-03,36.53,36.67,35.895,36.18,
EXC,2024-01-04,36.09,36.32,35.97,36.02,
EXC,2024-01-05,35.91,36.5,35.74,36.31,
EXC,2024-01-08,36.05,36.74,35.95,36.69,
EXC,2024-01-09,36.47,36.59,36.23,36.44,
EXC,2024-01-10,36.63,36.785,36.395,36.64,
EXC,2024-01-11,36.41,36.565,35.98,36.21,
EXC,2024-01-12,36.5,36.59,36.05,36.07,
EXC,2024-01-16,35.91,35.99,35.455,35.7,
EXC,2024-01-17,35.51,36.06,35.285,35.59,
EXC,2024-01-18,35.36,35.435,34.88,35.3,
EXC,2024-01-19,35.19,35.385,34.805,35.04,
EXC,2024-01-22,34.94,35.38,34.66,34.86,
EXC,2024-01-23,34.91,35.12,34.51,34.75,
EXC,2024-01-24,34.85,34.99,34.03,34.08,
EXC,2024-01-25,34.43,34.9,34.0833,34.9,
EXC,2024-01-26,34.905,35.025,34.655,35.01,
EXC,2024-01-29,34.97,35.3,34.66,35.29,
EXC,2024-01-30,35.01,35.15,34.65,35.05,
EXC,2024-01-31,35.225,35.3,34.525,34.81,
EXC,2024-02-01,34.81,35.06,34.46,35.02,
EXC,2024-02-02,34.7,34.7,33.94,34.35,
EXC,2024-02-05,33.94,34.23,33.575,33.62,
EXC,2024-02-06,33.62,34.15,33.46,33.91,
EXC,2024-02-07,34.11,34.26,33.66,34.1,
EXC,2024-02-08,33.98,33.98,33.53,33.75,
EXC,2024-02-09,33.64,33.9,33.345,33.84,
EXC,2024-02-12,33.79,34.5,33.58,34.38,
EXC,2024-02-13,34.42,34.655,33.5,34.19,
EXC,2024-02-14,34.25,34.49,34.04,34.12,
EXC,2024-02-15,34.31,34.94,34.295,34.86,
EXC,2024-02-16,34.76,35.14,34.43,34.91,
EXC,2024-02-20,34.9,35.335,34.68,34.73,
EXC,2024-02-21,35.68,36.455,35.5,36.21,
EXC,2024-02-22,36.03,36.195,35.375,36.03,
EXC,2024-02-23,35.88,36.41,35.86,36.13,
EXC,2024-02-26,36.07,36.07,35.29,35.63,
EXC,2024-02-27,35.88,36.4,35.73,36.21,
EXC,2024-02-28,36.05,36.33,35.67,35.8,
EXC,2024-02-29,35.94,36.28,35.62,35.84,
EXC,2024-03-01,35.22,35.62,34.98,35.49,
EXC,2024-03-04,35.34,36.285,35.27,36.2,
EXC,2024-03-05,36.25,36.985,36.13,36.27,
EXC,2024-03-06,36.32,36.725,36.32,36.67,
EXC,2024-03-07,37.0,37.26,36.7,36.83,
EXC,2024-03-08,37.0,37.08,36.53,36.96,
EXC,2024-03-11,37.09,37.39,36.735,37.19,
EXC,2024-03-12,37.0,37.11,36.775,37.01,
EXC,2024-03-13,37.21,37.42,36.95,36.99,
EXC,2024-03-14,36.95,37.08,36.37,36.57,
EXC,2024-03-15,36.55,36.93,36.205,36.48,
EXC,2024-03-18,36.54,36.98,36.38,36.6,
EXC,2024-03-19,36.51,37.0,36.5,36.81,
EXC,2024-03-20,36.63,37.125,36.345,36.56,
EXC,2024-03-21,36.64,37.18,36.53,37.03,
EXC,2024-03-22,37.28,37.28,36.68,36.7,
EXC,2024-03-25,36.75,36.96,36.565,36.85,
EXC,2024-03-26,36.77,36.955,36.52,36.56,
EXC,2024-03-27,36.85,37.32,36.77,37.31,
EXC,2024-03-28,37.23,37.7,37.18,37.57,
EXC,2024-04-01,37.7,37.7,37.06,37.23,
EXC,2024-04-02,37.07,37.68,37.05,37.58,
EXC,2024-04-03,37.62,37.69,37.2,37.21,
EXC,2024-04-04,37.56,37.65,36.95,37.22,
EXC,2024-04-05,36.98,37.445,36.51,37.34,
EXC,2024-04-08,37.35,37.81,37.24,37.78,
EXC,2024-04-09,37.9,37.99,37.695,37.87,
EXC,2024-04-10,37.21,37.21,36.625,36.91,
EXC,2024-04-11,37.11,37.29,36.575,36.8,
EXC,2024-04-12,36.8,36.96,36.19,36.48,
EXC,2024-04-15,36.78,36.83,36.065,36.27,
EXC,2024-04-16,36.3,36.35,35.75,35.75,
EXC,2024-04-17,35.9,36.515,35.9,36.42,
EXC,2024-04-18,36.62,36.745,36.285,36.68,
EXC,2024-04-19,36.77,37.645,36.5,37.575,
EXC,2024-04-22,37.61,37.945,37.215,37.67,
EXC,2024-04-23,37.44,37.95,37.32,37.56,
EXC,2024-04-24,36.85,37.895,36.8,37.77,
EXC,2024-04-25,37.97,38.04,37.21,37.66,
EXC,2024-04-26,37.42,37.6,37.26,37.32,
EXC,2024-04-29,37.56,37.75,37.43,37.72,
EXC,2024-04-30,37.46,37.795,37.035,37.58,
EXC,2024-05-01,37.29,38.2,37.26,37.84,
EXC,2024-05-02,38.45,38.45,37.33,37.89,
EXC,2024-05-03,38.09,38.15,36.955,37.41,
EXC,2024-05-06,37.47,37.595,37.08,37.55,
EXC,2024-05-07,37.68,37.93,37.29,37.91,
EXC,2024-05-08,37.84,38.01,37.565,37.82,
EXC,2024-05-09,37.8,38.35,37.7201,38.33,
EXC,2024-05-10,37.95,38.09,37.54,37.67,
EXC,2024-05-13,37.88,38.29,37.82,38.13,
EXC,2024-05-14,38.4,38.51,38.13,38.4,
EXC,2024-05-15,38.69,38.995,38.555,38.73,
EXC,2024-05-16,38.73,38.97,38.47,38.62,
EXC,2024-05-17,38.59,38.73,38.32,38.58,
EXC,2024-05-20,38.69,38.69,38.345,38.46,
EXC,2024-05-21,38.42,38.76,38.27,38.52,
EXC,2024-05-22,38.41,38.57,37.825,37.9,
EXC,2024-05-23,37.74,37.8,36.99,37.03,
EXC,2024-05-24,37.0,37.11,36.645,36.69,
EXC,2024-05-28,36.68,37.17,36.61,36.78,
EXC,2024-05-29,36.43,36.62,36.13,36.18,
EXC,2024-05-30,36.3,36.78,36.2,36.73,
EXC,2024-05-31,36.85,37.6,36.77,37.55,
EXC,2024-06-03,37.55,37.58,37.105,37.2,
EXC,2024-06-04,37.0,37.53,36.9,37.36,
EXC,2024-06-05,37.22,37.255,36.68,36.79,
EXC,2024-06-06,36.66,37.16,36.36,36.52,
EXC,2024-06-07,36.15,36.51,36.14,36.17,
EXC,2024-06-10,36.27,36.54,36.015,36.21,
EXC,2024-06-11,35.83,36.45,35.72,36.21,
EXC,2024-06-12,36.39,36.48,34.73,34.74,
EXC,2024-06-13,34.74,35.54,34.62,35.39,
EXC,2024-06-14,35.3,35.55,34.51,35.54,
EXC,2024-06-17,35.32,35.66,35.1,35.17,
EXC,2024-06-18,35.13,35.35,34.8,34.89,
EXC,2024-06-20,34.84,35.22,34.82,34.94,
EXC,2024-06-21,35.05,35.295,34.635,34.78,
EXC,2024-06-24,34.77,35.43,34.77,35.33,
EXC,2024-06-25,35.26,35.36,34.77,34.83,
EXC,2024-06-26,34.77,34.825,34.49,34.79,
EXC,2024-06-27,34.77,35.0001,34.52,34.7,
EXC,2024-06-28,34.67,34.835,34.46,34.61,
EXC,2024-07-01,34.76,34.86,34.255,34.55,
EXC,2024-07-02,34.73,34.7513,34.38,34.53,
EXC,2024-07-03,34.46,34.87,34.46,34.73,
EXC,2024-07-05,34.66,34.735,34.25,34.3,
EXC,2024-07-08,34.34,34.34,34.005,34.24,
EXC,2024-07-09,34.09,34.64,34.09,34.42,
EXC,2024-07-10,34.55,34.81,34.34,34.69,
EXC,2024-07-11,34.86,35.505,34.73,35.32,
EXC,2024-07-12,35.49,35.66,35.21,35.24,
EXC,2024-07-15,34.95,35.42,34.82,35.34,
EXC,2024-07-16,35.57,35.715,35.35,35.52,
EXC,2024-07-17,35.79,36.595,35.65,36.43,
EXC,2024-07-18,36.31,36.92,36.2,36.27,
EXC,2024-07-19,36.26,36.26,35.92,36.13,
EXC,2024-07-22,36.26,36.29,36.04,36.25,
EXC,2024-07-23,36.16,36.23,35.84,35.86,
EXC,2024-07-24,36.17,36.525,36.0,36.48,
EXC,2024-07-25,36.75,37.28,36.365,36.48,
EXC,2024-07-26,36.61,36.88,36.53,36.75,
EXC,2024-07-29,36.75,37.05,36.67,36.89,
EXC,2024-07-30,36.72,37.33,36.715,37.23,
EXC,2024-07-31,37.39,37.535,36.91,37.19,
EXC,2024-08-01,36.96,38.34,36.96,38.24,
EXC,2024-08-02,38.78,39.02,38.015,38.77,
EXC,2024-08-05,39.78,39.88,37.44,37.51,
EXC,2024-08-06,37.6,37.985,37.48,37.59,
EXC,2024-08-07,37.56,38.329,37.48,37.84,
EXC,2024-08-08,37.59,38.005,37.44,37.5201,
EXC,2024-08-09,37.66,37.66,36.97,37.48,
EXC,2024-08-12,37.02,37.115,36.77,36.9,
EXC,2024-08-13,37.05,37.175,36.785,37.13,
EXC,2024-08-14,37.01,37.415,36.87,37.03,
EXC,2024-08-15,36.87,37.53,36.8,37.5,
EXC,2024-08-16,37.53,37.745,37.205,37.61,
EXC,2024-08-19,37.69,37.69,37.49,37.61,
EXC,2024-08-20,37.65,37.78,37.401,37.54,
EXC,2024-08-21,37.59,38.17,37.57,37.87,
EXC,2024-08-22,37.75,37.96,37.69,37.86,
EXC,2024-08-23,38.0,38.09,37.7,37.79,
EXC,2024-08-26,37.97,38.18,37.9,37.98,
EXC,2024-08-27,38.0,38.06,37.625,37.68,
EXC,2024-08-28,37.714,38.275,37.64,37.89,
EXC,2024-08-29,38.01,38.05,37.54,38.03,
EXC,2024-08-30,37.99,38.195,37.815,38.085,
EXC,2024-09-03,38.12,38.685,38.01,38.49,
EXC,2024-09-04,38.67,39.26,38.65,38.89,
EXC,2024-09-05,39.11,39.25,38.28,38.415,
EXC,2024-09-06,38.45,38.66,38.17,38.22,
EXC,2024-09-09,38.38,38.865,38.2,38.72,
EXC,2024-09-10,38.85,39.21,38.72,39.05,
EXC,2024-09-11,38.89,39.375,38.65,39.29,
EXC,2024-09-12,39.39,39.93,39.12,39.855,
EXC,2024-09-13,39.93,40.27,39.69,40.23,
EXC,2024-09-16,40.41,40.63,40.2,40.43,
EXC,2024-09-17,40.36,40.52,40.11,40.2,
EXC,2024-09-18,40.18,40.225,39.29,39.5,
EXC,2024-09-19,39.34,39.45,38.88,39.28,
EXC,2024-09-20,39.65,40.76,39.52,40.27,
EXC,2024-09-23,40.45,40.45,40.08,40.4,
EXC,2024-09-24,40.25,40.49,39.75,39.99,
EXC,2024-09-25,40.22,40.23,39.615,39.99,
EXC,2024-09-26,39.82,40.29,39.81,39.94,
EXC,2024-09-27,40.14,40.56,40.055,40.38,
EXC,2024-09-30,40.38,40.68,40.08,40.545,
EXC,2024-10-01,40.55,41.045,40.44,40.77,
EXC,2024-10-02,40.59,41.115,40.59,40.95,
EXC,2024-10-03,41.0,41.025,40.6201,40.775,
EXC,2024-10-04,40.4,40.59,40.06,40.21,
EXC,2024-10-07,39.99,40.0,39.5,39.54,
EXC,2024-10-08,39.74,39.995,39.535,39.6,
EXC,2024-10-09,39.5,39.78,39.36,39.595,
EXC,2024-10-10,39.61,39.87,39.24,39.27,
EXC,2024-10-11,39.24,39.93,39.24,39.74,
EXC,2024-10-14,39.74,40.095,39.71,39.91,
EXC,2024-10-15,40.135,40.79,40.08,40.55,
EXC,2024-10-16,40.61,41.02,40.51,40.97,
EXC,2024-10-17,41.03,41.185,40.6701,40.77,
EXC,2024-10-18,40.75,41.135,40.45,40.95,
EXC,2024-10-21,40.9,41.015,40.485,40.5,
EXC,2024-10-22,40.38,40.6499,40.265,40.53,
EXC,2024-10-23,40.39,40.78,40.39,40.74,
EXC,2024-10-24,40.8,41.0,40.525,40.71,
EXC,2024-10-25,40.97,41.01,39.975,40.07,
EXC,2024-10-28,40.17,40.505,40.17,40.23,
EXC,2024-10-29,39.89,40.0,39.45,39.56,
EXC,2024-10-30,39.53,40.06,39.22,39.725,
EXC,2024-10-31,39.74,39.83,39.27,39.29,
EXC,2024-11-01,39.24,39.58,38.11,38.15,
EXC,2024-11-04,38.07,38.39,37.76,37.97,
EXC,2024-11-05,37.97,38.495,37.76,38.47,
EXC,2024-11-06,38.25,38.6,37.855,38.32,
EXC,2024-11-07,38.33,38.495,38.02,38.09,
EXC,2024-11-08,37.93,38.315,37.83,38.11,
EXC,2024-11-11,38.09,38.51,38.01,38.4,
EXC,2024-11-12,38.27,38.54,38.05,38.16,
EXC,2024-11-13,38.24,38.37,37.805,38.14,
EXC,2024-11-14,38.23,38.39,38.08,38.12,
EXC,2024-11-15,38.11,39.19,38.11,39.11,
EXC,2024-11-18,39.05,39.39,38.735,39.23,
EXC,2024-11-19,39.07,39.22,38.71,39.1,
EXC,2024-11-20,39.2,39.24,38.26,38.73,
EXC,2024-11-21,38.72,39.36,38.5,39.31,
EXC,2024-11-22,39.36,39.56,38.68,38.71,
EXC,2024-11-25,38.95,39.27,38.69,39.13,
EXC,2024-11-26,39.18,39.58,39.18,39.49,
EXC,2024-11-27,39.41,39.885,39.37,39.51,
EXC,2024-11-29,39.5,39.69,39.335,39.56,
EXC,2024-12-02,39.51,39.54,38.29,38.37,
EXC,2024-12-03,38.43,38.64,38.12,38.14,
EXC,2024-12-04,38.07,38.2,37.53,37.85,
EXC,2024-12-05,37.94,38.24,37.81,37.98,
EXC,2024-12-06,37.94,38.0399,37.725,37.85,
EXC,2024-12-09,37.79,37.97,37.41,37.44,
EXC,2025-01-27,39.8,40.855,39.65,40.7,
EXC,2025-01-28,40.77,40.77,39.71,39.81,
EXC,2025-01-29,39.78,40.15,39.465,39.57,
EXC,2025-01-30,39.9,40.25,39.825,40.02,
EXC,2025-01-31,40.0,40.23,39.89,40.0,
EXC,2025-02-03,39.83,40.755,39.67,40.57,
EXC,2025-02-04,40.3,40.68,39.85,40.54,
EXC,2025-02-05,40.67,41.255,40.65,41.04,
EXC,2025-02-06,41.17,41.24,40.75,41.12,
EXC,2025-02-07,41.02,41.47,40.98,41.31,
EXC,2025-02-10,41.44,41.88,41.13,41.8,
EXC,2025-02-11,41.65,42.455,41.47,42.36,
EXC,2025-02-12,40.875,43.09,40.81,42.89,
EXC,2025-02-13,42.87,43.45,42.54,42.97,
EXC,2025-02-14,42.95,43.15,42.735,42.85,
EXC,2025-02-18,42.87,42.87,42.38,42.7,
EXC,2025-02-19,42.64,42.78,42.205,42.65,
EXC,2025-02-20,42.49,43.225,42.46,43.17,
EXC,2025-02-21,43.195,43.69,43.06,43.39,
EXC,2025-02-24,43.31,43.995,43.083,43.35,
EXC,2025-02-25,43.56,44.24,43.36,44.05,
EXC,2025-02-26,43.965,44.255,43.644,44.06,
EXC,2025-02-27,43.89,44.32,43.65,43.79,
EXC,2025-02-28,44.18,44.45,43.725,44.2,
EXC,2025-03-03,44.05,44.62,44.0,44.54,
EXC,2025-03-04,44.85,45.19,43.635,43.67,
EXC,2025-03-05,43.41,43.82,43.255,43.36,
EXC,2025-03-06,43.37,43.38,42.63,42.88,
EXC,2025-03-07,42.72,43.405,42.715,43.09,
EXC,2025-03-10,43.31,44.3,43.25,43.76,
EXC,2025-03-11,43.82,43.975,43.255,43.375,
EXC,2025-03-12,42.94,43.14,42.55,42.61,
EXC,2025-03-13,42.84,43.51,42.7456,43.47,
EXC,2025-03-14,43.455,44.24,43.16,44.19,
EXC,2025-03-17,44.2,44.645,43.985,44.39,
EXC,2025-03-18,44.4,44.46,43.8,44.42,
EXC,2025-03-19,44.42,44.52,44.07,44.44,
EXC,2025-03-20,44.415,44.7,44.22,44.59,
EXC,2025-03-21,44.54,44.75,43.57,43.82,
EXC,2025-03-24,43.98,44.38,43.55,43.58,
EXC,2025-03-25,43.41,43.47,42.61,42.76,
EXC,2025-03-26,42.86,44.24,42.78,44.02,
EXC,2025-03-27,43.93,44.65,43.905,44.25,
EXC,2025-03-28,44.52,44.965,44.34,44.71,"Joseph Nigro Appointed to Eos Energy Enterprises Board of Directors Nigro brings decades of leadership experience in the energy and utility sectors, providing invaluable expertise to drive Eos’ growth and enhance its competitive positioning in the industry EDISON, N.J., March 27, 2025 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (""Eos"" or the “Company”), America’s leading innovator in designing, manufacturing, and providing zinc-based long duration energy storage systems sourced and manufactured in the United States, today announced that Joseph Nigro, former CFO of Exelon Corporation (NADSDAQ: EXC) and CEO of Constellation Energy (then operating division of Exelon), has been appointed to the Eos Board of Directors, effective March 26, 2025. Nigro’s extensive leadership across both competitive and regulated energy markets is instrumental as Eos advances its mission to deliver safe, sustainable, and American-made energy storage. “We are thrilled to welcome Joe to the Eos board,” said Russ Stidolph, Chairman of Eos. “His decades of experience leading some of the most significant players in the energy industry, along with his deep financial and operational expertise, will be incredibly valuable as we continue to scale our operations and build long-term value for our stakeholders.” With three decades of experience in the energy industry, Nigro brings a wealth of knowledge and executive leadership to the board. His distinguished career includes serving as Chief Financial Officer of Exelon, overseeing the financial strategy for the company’s entire utility and generation portfolio. Nigro also served as Chief Executive Officer of Constellation Energy, a then Exelon Corporation operating division and their largest, where he successfully led efforts to strengthen the company’s market position and operational efficiency. Nigro’s career began at PECO Energy, now an Exelon Corporation company, in the 1990s and spent seven years prior with Phibro Energy, Inc., an independent oil trading and refining company. His extensive background spans across trading, operating, and financial strategy, providing a deep understanding of the full energy value chain. “Joe’s experience in the power industry brings a unique perspective that make him a natural fit for our board,” said Joe Mastrangelo, Eos Chief Executive Officer. “He understands what it takes to lead at scale, and his insight will help guide our execution and strengthen our position as America’s battery.” Currently, Nigro serves on the board of Talen Energy Corporation (NASDAQ: TLN), a leading independent power producer and energy infrastructure company with a diverse generation fleet. He is also an advisor to Blackstone’s energy transition practice and serves on the board of Kindle Energy, a portfolio company focused on generation assets. His extensive governance expertise across both mature and growth-oriented companies strengthens Eos’ leadership and complements its strategic vision. “I am honored to join the Eos board at such a dynamic moment for the Company and the energy industry at large,” said Nigro. “Eos is addressing a critical need for long-duration storage with a highly flexible American-made solution, and I’m excited to help guide the Company’s global growth.” Nigro’s appointment reflects Eos’ ongoing commitment to maintaining a world-class board with the expertise necessary to advance its strategic priorities and position the Company for accelerated growth. About Eos Energy Enterprises Eos Energy Enterprises, Inc. is accelerating the shift to American energy independence with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth™ aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. It is safe, scalable, efficient, sustainable, manufactured in the U.S., and the core of our innovative systems that today provides utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 3 to 12-hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey. For more information about Eos (NASDAQ: EOSE), visit eose.com. Forward-Looking Statements Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the ""safe harbor"" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding our expected revenue, for the fiscal years December 31, 2025, our path to profitability and strategic outlook, statements regarding orders backlog and opportunity pipeline, statements regarding our expectation that we can continue to increase product volume on our state-of-the-art manufacturing line, statements regarding our future expansion and its impact on our ability to scale up operations, statements regarding our expectation that we can continue to strengthen our overall supply chain, statements regarding our expectation that our new comprehensive insurance program will provide increased operational and economic certainty, statements that refer to the delayed draw term loan with Cerberus, milestones thereunder and the anticipated use of proceeds, statements that refer to outlook, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words ""anticipate,"" ""believe,"" ""continue,"" ""could,"" ""estimate,"" ""expect,"" ""intends,"" ""may,"" ""might,"" ""plan,"" ""possible,"" ""potential,"" ""predict,"" ""project,"" ""should,"" ""would"" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected. Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes adversely affecting the business in which we are engaged; our ability to forecast trends accurately; our ability to generate cash, service indebtedness and incur additional indebtedness; our ability to achieve the operational milestones on the delayed draw term loan; our ability to raise financing in the future; risks associated with the credit agreement with Cerberus, including risks of default, dilution of outstanding Common Stock, consequences for failure to meet milestones and contractual lockup of shares; our customers’ ability to secure project financing; the amount of final tax credits available to our customers or to Eos pursuant to the Inflation Reduction Act; the timing and availability of future funding under the Department of Energy Loan Facility; our ability to continue to develop efficient manufacturing processes to scale and to forecast related costs and efficiencies accurately; fluctuations in our revenue and operating results; competition from existing or new competitors; our ability to convert firm order backlog and pipeline to revenue; risks associated with security breaches in our information technology systems; risks related to legal proceedings or claims; risks associated with evolving energy policies in the United States and other countries and the potential costs of regulatory compliance; risks associated with changes to the U.S. trade environment; our ability to maintain the listing of our shares of common stock on NASDAQ; our ability to grow our business and manage growth profitably, maintain relationships with customers and suppliers and retain our management and key employees; risks related to the adverse changes in general economic conditions, including inflationary pressures and increased interest rates; risk from supply chain disruptions and other impacts of geopolitical conflict; changes in applicable laws or regulations; the possibility that Eos may be adversely affected by other economic, business, and/or competitive factors; other factors beyond our control; risks related to adverse changes in general economic conditions; and other risks and uncertainties. The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those more fully described in the Company’s most recent filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Further information on potential risks that could affect actual results will be included in the subsequent periodic and current reports and other filings that the Company makes with the Securities and Exchange Commission from time to time. Moreover, the Company operates in a very competitive and rapidly changing environment, and new risks and uncertainties may emerge that could have an impact on the forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise."
EXC,2025-03-31,45.325,46.22,45.325,46.08,
EXC,2025-04-01,45.76,46.28,45.62,45.92,
EXC,2025-04-02,45.84,46.465,45.84,45.97,
EXC,2025-04-03,46.76,47.595,46.59,47.23,
EXC,2025-04-04,48.06,48.1,45.09,45.35,
EXC,2025-04-07,45.065,45.46,43.96,44.72,
EXC,2025-04-08,44.515,45.405,44.02,44.48,
EXC,2025-04-09,44.05,45.18,42.9,44.3,
EXC,2025-04-10,44.33,45.6,44.23,45.12,
EXC,2025-04-11,45.19,46.19,44.77,46.0,
EXC,2025-04-14,45.83,46.995,45.7,46.86,
EXC,2025-04-15,46.515,47.085,46.43,46.74,
EXC,2025-04-16,46.89,47.49,46.33,46.51,
EXC,2025-04-17,46.805,47.925,46.805,47.26,
EXC,2025-04-21,47.48,47.48,45.71,46.23,
EXC,2025-04-22,46.59,47.525,46.585,47.37,
EXC,2025-04-23,46.94,47.15,46.24,46.8,"Zacks.com featured highlights include ANI Pharmaceuticals, Heritage Insurance, Avista and Exelon Chicago, IL – April 23, 2025 – Stocks in this week’s article are ANI Pharmaceuticals ANIP, Heritage Insurance HRTG, Avista AVA and Exelon EXC Stocks hitting their 52-week high and delivering consistent performance offer attractive opportunities to investors while building a portfolio. This is because stocks near that level are perceived to be winners. However, stocks touching a new 52-week high are often predisposed to profit-taking, resulting in pullbacks and trend reversals. Moreover, given the high price, investors often wonder if the stock is overpriced. While the speculations are not absolutely baseless, all stocks hitting a 52-week high are not necessarily overpriced. In fact, investors might lose out on top gainers in an attempt to avoid the steep prices. Stocks such as ANI Pharmaceuticals, Heritage Insurance, Avista and Exelon are expected to maintain their momentum and keep scaling new highs. Extensive information on a stock is necessary to understand whether or not there is scope for further upside. Here, we discuss a strategy to find the right stocks. The strategy borrows from the basics of momentum investing. This technique bets on ""buy high, sell higher."" Many times, stocks that hit a 52-week high fail to scale higher despite having potential. This is because investors fear that the stocks are overvalued and expect the price to crash. In fact, overvaluation is natural for most of these stocks as investors' focus (or willingness to pay a premium) has helped them reach the level. But that does not always indicate an impending decline. Factors such as robust sales, surging profit levels, earnings growth prospects and strategic acquisitions that encourage investors to bet on these stocks could keep them motivated if there is no tangible negative. In other words, the momentum might continue. Also, when a string of positive developments dominates the market, investors find their under-reaction unwarranted, even if there are no company-specific driving forces. Here are four stocks that made it through the screen: ANI Pharmaceuticals represents a compelling investment opportunity in 2025 as it strategically strengthens its Rare Disease portfolio and enhances financial flexibility. The company recently boosted 2025 revenue guidance to $756-776 million with Rare Disease products representing nearly half of total revenues. Its lead asset, Cortrophin Gel, delivered record quarterly revenues of $59.4 million with impressive 42.3% year-over-year growth. The ILUVIEN/YUTIQ ophthalmology franchise shows significant expansion potential following the FDA approval for chronic NIU-PS and the elimination of a perpetual royalty obligation. With strong adjusted EBITDA growth of 66% to $50 million, robust commercial execution, and strategic investments in supply security, ANI is positioned for accelerated growth in high-value therapeutic areas while maintaining strong cash flow generation. The Zacks Consensus Estimate for ANIP's 2025 earnings has remained steady at $6.34 per share in the past 30 days. The company surpassed the Zacks Consensus Estimate in the trailing four quarters, the average surprise being 17.32%. Heritage Insurance's growing commercial residential business, expanding E&S business and improving pricing are expected to deliver better margins and boost earnings. Rate adequacy, selective profit-oriented underwriting criteria and restricting new business in over-concentrated markets or products should drive profitability for Heritage Insurance. HRTG focuses on selective underwriting. There has been a decline in policy count, though average premiums per policy increased. However, HRTG expects the headwind from declining policies to begin to moderate over the next few quarters. The excess and supply (E&S) business is another growth lever for Heritage. HRTG stated that it will consider and evaluate growth opportunities in a greater number of states. Its reinsurance program shields Heritage Insurance from exposure to hurricanes and other severe weather events in the coastal area. The insurer expects a substantial reduction in the ceded premium ratio, given a combination of improvements in the reinsurance program from a cost and structure standpoint and growing gross premiums earned. The Zacks Consensus Estimate for HRTG's 2025 earnings has moved north by 8% to $2.43 per share in the past 30 days. The company surpassed the Zacks Consensus Estimate in three of the trailing four quarters while missing the same once, the average surprise being 328.63%. Avista's strategic capital expenditures help it improve its transmission and distribution and generation capacity. This should enhance its overall performance. Regulatory approvals for new electric rates help the company boost its top line. Given its growth opportunities, Avista makes for a solid investment option in the utility sector. The company has been consistently increasing the value of its shareholders through dividends. It expects a dividend CAGR of 3.8% through 2025 (from 2021 baseline). Currently, Avista's quarterly dividend is 49 cents per share. This represents an annualized dividend of $1.96 per share, up 3.2% from the previous level. The company expects a targeted annual dividend payout ratio of 65-75%. Its current dividend yield is 4.94%, better than the Zacks S&P 500 composite's average of 1.3%. The company expects to invest nearly $2.98 billion during 2025-2029 in infrastructure upgrades. Nearly 48% of the total investments during 2025-2027 are for transmission and distribution. Avista expects an annual rate base growth of 5-6% during 2025-2029, driven by its capital expenditures. The Zacks Consensus Estimate for AVA's 2025 earnings has moved north by 2% to $2.61 per share in the past 30 days. The company surpassed the Zacks Consensus Estimate twice in the trailing four quarters while missing the same twice, the average surprise being 31.26%. Exelon's investment will strengthen its transmission and distribution infrastructure and assist in providing reliable services to customers. Exelon's initiatives in grid modernization are going to improve the resilience of its operations and revenue decoupling mitigates the impact of load fluctuation. Stable cash flow allows the company to pay regular dividends. The development of data centers is going to increase demand. Our model projects revenues to increase year over year in the 2025-2027 period. Exelon invests substantially in infrastructure projects and plans to invest nearly $38 billion during 2025-2028 in regulated utility operations. The new capital expenditure indicates a 10% increase from the prior plan and will be utilized to support customer needs and grid reliability. The company is set to invest $21.7 billion in electric distribution, $12.6 billion in electric transmission and $3.8 billion in gas delivery in the 2025-2028 period. The Zacks Consensus Estimate for EXC's 2025 earnings has moved north by a penny to $2.66 per share in the past 30 days. The company surpassed the Zacks Consensus Estimate in three of the trailing four quarters while missing the same once, the average surprise being 7.63%. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your trial to the Research Wizard today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today. For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2452476/4-stocks-trading-near-52-week-high-with-room-to-rise-further Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the ""#1 site for screening stocks"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 ""Strong Buys"" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>. Follow us on Twitter: https://www.twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: https://www.zacks.com/ Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks ""Terms and Conditions of Service"" disclaimer. www.zacks.com/disclaimer. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Avista Corporation (AVA) : Free Stock Analysis Report ANI Pharmaceuticals, Inc. (ANIP) : Free Stock Analysis Report Heritage Insurance Holdings, Inc. (HRTG) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"
EXC,2025-04-24,46.64,46.64,46.24,46.33,
EXC,2025-04-25,46.33,46.33,45.9,46.22,
EXC,2025-04-28,46.305,46.635,45.85,46.49,
EXC,2025-04-29,46.46,46.915,46.28,46.85,
EXC,2025-04-30,47.05,47.2,46.13,46.869,
EXC,2025-05-01,46.63,47.13,46.49,46.6,
EXC,2025-05-02,46.91,46.95,46.0922,46.48,
EXC,2025-05-05,46.0,46.0,45.5595,46.0,
EXC,2025-05-06,45.99,46.61,45.99,46.29,
EXC,2025-05-07,46.335,46.735,46.16,46.34,
EXC,2025-05-08,46.11,46.32,45.03,45.1,
EXC,2025-05-09,45.15,45.325,44.8,45.21,
EXC,2025-05-12,43.61,43.61,43.34,43.61,
EXC,2025-05-13,43.59,43.77,42.895,42.97,
EXC,2025-05-14,42.6,42.7199,41.705,42.25,
EXC,2025-05-15,42.61,43.54,42.5034,43.43,"EXC vs. NEE: Which Stock Is the Better Value Option? Investors looking for stocks in the Utility - Electric Power sector might want to consider either Exelon (EXC) or NextEra Energy (NEE). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits. Exelon and NextEra Energy are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that EXC is likely seeing its earnings outlook improve to a greater extent. However, value investors will care about much more than just this. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years. EXC currently has a forward P/E ratio of 15.80, while NEE has a forward P/E of 19.64. We also note that EXC has a PEG ratio of 2.46. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. NEE currently has a PEG ratio of 2.54. Another notable valuation metric for EXC is its P/B ratio of 1.54. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, NEE has a P/B of 2.46. Based on these metrics and many more, EXC holds a Value grade of B, while NEE has a Value grade of D. EXC stands above NEE thanks to its solid earnings outlook, and based on these valuation figures, we also feel that EXC is the superior value option right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"
EXC,2025-05-16,43.1,44.12,43.02,44.09,"Reasons to Add Exelon Stock to Your Portfolio Right Away Exelon Corporation’s EXC investment plans should further strengthen its transmission and distribution infrastructure and assist in providing reliable services to its customers. Exelon's initiatives in grid modernization are likely to improve the resilience of its operations. Given its growth opportunities, EXC makes for a solid investment option in the utility sector.Let’s focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment. The Zacks Consensus Estimate for 2025 earnings per share (EPS) has increased 1.1% to $2.67 in the past 60 days.The Zacks Consensus Estimate for 2025 sales is pinned at $24.11 billion, indicating a year-over-year increase of 4.7%.Exelon's long-term (three to five years) earnings growth rate is 6.42%. The company delivered a trailing four-quarter average earnings surprise of 10.1%. ROE indicates how efficiently a company has been utilizing its funds to generate higher returns. Currently, Exelon’s ROE is 10.29%, higher than the sector’s average of 10.2%. This indicates that the company has been utilizing its shareholders' funds more constructively (to generate income) than its peers in the electric power utility industry. Exelon’s stable performance and cash flows allow it to reward its shareholders through continuous dividend payments. Currently, its quarterly dividend is 40 cents per share, resulting in an annualized dividend of $1.60.The company aims to increase dividend per share at the low end of its targeted 5-7% range annually through 2028, subject to approval of its board of directors. Exelon is projecting a long-term dividend payout ratio of 60%, which is in sync with the long-term dividend growth target. Its current dividend yield is 3.79%, better than the Zacks S&P 500 composite's average of 1.54%. The time-to-interest earned ratio at the end of the first quarter of 2024 was 2.5. The ratio, being greater than one, reflects the company’s ability to meet future interest obligations without difficulties. Exelon invests substantially in infrastructure projects and plans to invest nearly $38 billion during 2025-2028 in regulated utility operations. The capital expenditure will be utilized to support customer needs and grid reliability. The company is set to invest $21.7 billion in electric distribution, $12.6 billion in electric transmission and $3.8 billion in gas delivery in the 2025-2028 period. In the past six months, the stock has returned 10.7% compared with the industry’s growth of 0.2%. Image Source: Zacks Investment Research A few other top-ranked stocks from the same industry are DTE Energy DTE, Evergy EVRG and CenterPoint Energy CNP, each carrying a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.DTE’s long-term earnings growth rate is 7.64%. The Zacks Consensus Estimate for 2025 EPS implies an improvement of 6% from the bottom line recorded in 2024.EVRG’s long-term earnings growth rate is 5.7%. The Zacks Consensus Estimate for 2025 EPS implies an improvement of 5.8% from the bottom line recorded in 2024.CNP’s long-term earnings growth rate is 7.76%. The Zacks Consensus Estimate for 2025 EPS indicates year-over-year growth of 8%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report DTE Energy Company (DTE) : Free Stock Analysis Report CenterPoint Energy, Inc. (CNP) : Free Stock Analysis Report Evergy Inc. (EVRG) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"
EXC,2025-05-19,43.88,44.43,43.66,44.372,
EXC,2025-05-20,44.31,44.62,44.225,44.26,
EXC,2025-05-21,44.14,44.47,44.01,44.19,"Why Exelon (EXC) is a Great Dividend Stock Right Now Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Exelon (EXC) is headquartered in Chicago, and is in the Utilities sector. The stock has seen a price change of 17.59% since the start of the year. The energy company is paying out a dividend of $0.8 per share at the moment, with a dividend yield of 3.62% compared to the Utility - Electric Power industry's yield of 3.14% and the S&P 500's yield of 1.53%. In terms of dividend growth, the company's current annualized dividend of $1.60 is up 5.3% from last year. Exelon has increased its dividend 3 times on a year-over-year basis over the last 5 years for an average annual increase of 0.01%. Future dividend growth will depend on earnings growth as well as payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Exelon's current payout ratio is 58%, meaning it paid out 58% of its trailing 12-month EPS as dividend. EXC is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2025 is $2.70 per share, with earnings expected to increase 8% from the year ago period. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. However, not all companies offer a quarterly payout. Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, EXC is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"
EXC,2025-05-22,44.14,44.17,43.17,43.42,"[""ComEd Celebrates Rockford\u2019s First Graduating Class of New Market Development Initiative 5-week, hands-on training program provides northern Illinois residents with skills to complete in Illinois\u2019 fast-growing energy-efficiency sector ROCKFORD, Ill., May 21, 2025--(BUSINESS WIRE)--ComEd today graduated nearly a dozen participants of its first Skilled Cohort in Rockford; part of its Market Development Initiative (MDI) that provides resources and training to help create a diverse, local workforce that is qualified to take on roles in the growing energy efficiency industry. Over the course of five weeks, entrepreneurs completed training to become certified in the latest building standards and receive relevant knowledge to help advance their careers in energy efficiency, HVAC, or weatherization. \""To help support the communities we\u2019re privileged to serve, ComEd has made increasing training and contracting opportunities a top priority,\"" said Gil Quiniones, ComEd president and CEO. \""Through MDI, local entrepreneurs, individuals and businesses gain a competitive edge in the growing field of energy efficiency and can play a key role in advancing the clean energy transition.\"" MDI, launched in early 2024, integrates energy-efficiency skills training for both novice and experienced workers and entrepreneurs, while also providing opportunities for diverse vendors to obtain certifications and join a vendor database. This database will facilitate access to business opportunities through ComEd and other primary contractors. These resources aim to strengthen the current pipeline of diverse, skilled, and local talent necessary to undertake the increasing number of clean energy projects arising from the state's Climate and Equitable Jobs Act (CEJA). \""The graduation of these Rockford-area residents from ComEd's Market Development Initiative represents a significant investment in our community's future,\"" said Joseph Chiarelli, Chairman of the Winnebago County Board. \""By providing our local workforce with specialized skills in energy efficiency, this program not only creates economic opportunities for our residents but also supports Winnebago County's commitment to sustainability and clean energy. We're proud to see our community members developing expertise that will benefit both their careers and our region's environmental goals.\"" Since its inception over one year ago, ComEd\u2019s MDI program has successfully graduated a total of 80 participants across five distinct cohorts. Education and certification are offered to individuals from various experience levels and backgrounds, focusing on areas that support the energy efficiency industry, including: air sealing; mold identification and remediation; proper ventilation; and understanding how homes function as systems to improve energy efficiency. All training is provided at no cost to participants. Depending on the course, participants may be eligible for a weekly stipend, daily meals, and assistance with transportation. Additionally, ComEd\u2019s MDI enlists the support of over a dozen community-based organizations who serve as local navigators to recruit and connect job seekers and firms to training opportunities provided through the initiative. The skills and tools provided by MDI assist families and businesses throughout northern Illinois in leveraging the benefits of ComEd\u2019s award-winning Energy Efficiency Program, which includes services, rebates, and discounts to help customers manage energy usage and reduce bills. Since its start in 2008, the program has supported hundreds of thousands of families and businesses in saving a total of over $11 billion on energy bills and over 99 million megawatt-hours of electricity. Additionally, the program has contributed to reducing over 74 billion pounds of carbon emissions, equivalent to planting more than 33 million acres of trees. For an in-depth look into MDI and how individuals, businesses and entrepreneurs can apply and contribute to expanding the energy landscape, visit ComEd.com/MDI. ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 250 energy company serving more than 10.5 million electricity and natural gas customers \u2013 the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state's population. For more information visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X, and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20250521248962/en/ Contacts ComEd Media Relations312-394-3500"", ""Morgan Stanley Adjusts Exelon Price Target to $48 From $49, Maintains Equal Weight Rating Exelon (EXC) has an average rating of hold and mean price target of $47.80, according to analysts po""]"
EXC,2025-05-23,43.9,43.9,42.99,43.67,
EXC,2025-05-27,43.83,44.15,43.525,43.91,
EXC,2025-05-28,43.73,43.84,43.09,43.279,"ComEd Launches EV Ambassador Program to Expand EV Adoption in Northern Illinois Community ambassadors will lead education and awareness around EV adoption at summer events in northern Illinois CHICAGO, May 27, 2025--(BUSINESS WIRE)--To expand efforts to support customers considering making the switch to electric vehicles (EVs), ComEd today announced the launch of its new EV Ambassador Program, a community-driven initiative designed to expand education and awareness around EV adoption and benefits in northern Illinois. The program will launch with the introduction of three local partner organizations: Equiticity, Bronzeville Community Development Partnership and A Step Beyond NFP. EV Ambassadors through this program will engage directly with residents and local businesses through community events, presentations and pop-up EV demonstrations throughout the summer. ""Switching to an EV can come with a variety of benefits, including fuel cost savings and reduced environmental impact. We are committed to helping our customers reap the benefits of this transition and ensure they understand the resources available to them as they consider EV options,"" said Melissa Washington, senior vice president of customer operations and strategic initiatives at ComEd. ""ComEd launched this new EV Ambassador program to better reach customers where they are, increase the visibility of our offerings and connect communities who will see the greatest benefits of EVs with the correct resources."" The EV Ambassador Program is part of ComEd’s broader Beneficial Electrification (BE) Plan, which provides customers with resources and financial rebates to support the transition to cleaner transportation. ComEd’s BE funding launched in its 2023 BE Plan, and funding has been extended through 2028 with the recent approval of ComEd’s second BE Plan. Through the new EV Ambassador initiative, ambassadors will interact with community members and businesses to connect them with ComEd rebate programs, EV Dealership network, EV Toolkit and more. ""I’m honored to serve as a ComEd EV Ambassador, and excited to spread the wealth of knowledge that empowers our communities to embrace cleaner energy, reduce our carbon footprint and build a brighter, healthier future for our city. Together, we can make meaningful change, one conversation, one home and one neighborhood at a time,"" said Nicole Wheatly, Founder and Executive Director of A Step Beyond NFP. ""Bronzeville Community Development Partnership and JitneyEV are pleased to participate as ComEd EV Ambassadors. This program aligns with our mission of accelerating the EV transition, especially in historically underserved communities where health and air quality are negatively impacted by proximity to expressways and industrial corridors. One of the biggest barriers to EV adoption is lack of awareness about the economic and health benefits of EV transportation,"" said William Davis, Executive Director at Bronzeville Community Development Partnership. ""Equiticity is pleased to partner with ComEd on their new EV Ambassador Program. We look forward to our work together to ensure Black and Brown neighborhoods are experiencing the range of benefits from increased adoption of electric transportation,"" said Olatunji Oboi Reed, President and CEO of Equiticity. Community members can meet with ComEd’s EV Ambassadors and experience EV technology firsthand at a variety of events this summer including: - Oak Park Farmer’s Market: May 31 - Broadview Village Hall Community EV Presentation: May 31 - Rockford Community Market: June 5 - Heartland Alliance ‘Vital Bridges’ Community Event: June 13 - Transport Chicago 2025: June 13 - Park Forest EV Car Show: June 25 - Cars at Lincoln Commons: June 28 Additional events will be added to the EV Ambassador Program schedule throughout the year, and information can be found at ComEd.com/EV. The Ambassador organizations were selected through a rigorous application and interview process to ensure that each represented organization would have a strong interest in sustainability and credibility in their respective communities. Each participating Ambassador organization will be awarded a small stipend for their participation in 2025 and ComEd hopes to continue this program in future years. The launch of the ComEd EV Ambassador program builds on existing commitments from the utility to support EV adoption for its customers. In February, ComEd announced at least $100 million rebates available to customers in 2025 to help more customers take steps toward EV adoption. To reduce the cost barriers to EVs, the rebates cover three distinct programs: residential EV charger and installation costs, all-electric fleet vehicles and business and public sector make ready charging costs. To date, ComEd has awarded $30 million in rebates this year funding nearly 5,000 public and private EV charging ports (L2 and DC Fast Chargers) and incentivizing the lease or purchase of nearly 1,000 new and pre-owned electric fleet vehicles. A majority of the funds, 85% has been awarded to customers residing in, or primarily doing business in Equity Investment Eligible (EIEC) communities. All of ComEd’s EV programming puts equity front and center, with more than half of the total rebate funds reserved for low-income customers and equity-eligible communities, and the majority of community education and awareness events taking place in equity-eligible communities. For more information on EV resources and programs offered by ComEd, please visit ComEd.com/EV. ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company serving more than 10.7 million electricity and natural gas customers—the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population. For more information, visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20250527127177/en/ Contacts ComEdMedia Relations312-394-3500"
EXC,2025-05-29,43.12,43.83,43.01,43.7,"[""Exelon (EXC) is a Top-Ranked Value Stock: Should You Buy? For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum. Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks. Chicago, IL-based Exelon Corporation completed the previously announced separation of the power generation and competitive energy business, namely Constellation Energy Corp., into a separate entity, which will trade under the symbol \u201cCEG\u201d. Exelon retained the transmission and distribution utility business, which will continue to be called Exelon and trade under the symbol \u201cEXC\u201d. The separation was completed on Feb 1, 2022. EXC sits at a Zacks Rank #2 (Buy), holds a Value Style Score of B, and has a VGM Score of B. Compared to the Utility - Electric Power industry's P/E of 18.1X, shares of Exelon are trading at a forward P/E of 16.1X. EXC also has a PEG Ratio of 2.5, a Price/Cash Flow ratio of 7.1X, and a Price/Sales ratio of 1.8X. Many value investors pay close attention to a company's earnings as well. For EXC, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.05 to $2.70 per share for 2025. Per share EXC boasts an average earnings surprise of 10.1%. With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding EXC to their portfolios. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""Are Investors Undervaluing Exelon Corporation (NASDAQ:EXC) By 40%? Exelon's estimated fair value is US$72.31 based on 2 Stage Free Cash Flow to Equity Exelon's US$43.28 share price signals that it might be 40% undervalued Our fair value estimate is 54% higher than Exelon's analyst price target of US$46.91 Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Exelon Corporation (NASDAQ:EXC) as an investment opportunity by taking the expected future cash flows and discounting them to their present value. We will use the Discounted Cash Flow (DCF) model on this occasion. It may sound complicated, but actually it is quite simple! Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. For those who are keen learners of equity analysis, the Simply Wall St analysis model here may be something of interest to you. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. We're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, and so the sum of these future cash flows is then discounted to today's value: (\""Est\"" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = US$14b The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (2.9%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 6.5%. Terminal Value (TV)= FCF2034 \u00d7 (1 + g) \u00f7 (r \u2013 g) = US$3.9b\u00d7 (1 + 2.9%) \u00f7 (6.5%\u2013 2.9%) = US$111b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= US$111b\u00f7 ( 1 + 6.5%)10= US$59b The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is US$73b. The last step is to then divide the equity value by the number of shares outstanding. Relative to the current share price of US$43.3, the company appears quite undervalued at a 40% discount to where the stock price trades currently. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind. We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Exelon as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.5%, which is based on a levered beta of 0.830. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. View our latest analysis for Exelon Strength Earnings growth over the past year exceeded the industry. Weakness Interest payments on debt are not well covered. Dividend is low compared to the top 25% of dividend payers in the Electric Utilities market. Opportunity Annual earnings are forecast to grow for the next 3 years. Good value based on P/E ratio and estimated fair value. Threat Debt is not well covered by operating cash flow. Paying a dividend but company has no free cash flows. Annual earnings are forecast to grow slower than the American market. Although the valuation of a company is important, it is only one of many factors that you need to assess for a company. It's not possible to obtain a foolproof valuation with a DCF model. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. For example, changes in the company's cost of equity or the risk free rate can significantly impact the valuation. What is the reason for the share price sitting below the intrinsic value? For Exelon, we've compiled three important elements you should explore: PS. Simply Wall St updates its DCF calculation for every American stock every day, so if you want to find the intrinsic value of any other stock just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.""]"
EXC,2025-05-30,43.81,43.98,43.48,43.82,"[""Exelon's ComEd Unit Gets Approval for $168 Million Plan to Support EV Adoption in Illinois Exelon's (EXC) ComEd unit said Thursday the Illinois Commerce Commission has approved its second ben"", ""AES vs. Exelon: Which Renewable-Focused Utility Stock is a Better Player? As the shift toward clean energy accelerates amid intensifying electricity demand, investors interest in renewable-focused utility stocks like AES Corporation AES and Exelon Corp EXC are increasing. Both these companies are investing heavily in infrastructural developments to strengthen their grid resilience, transmission and distribution lines as well as expand their exposure to renewable energy generation.While AES is a diversified global power company that generates electricity from multiple sources like natural gas, renewables and some legacy coal-fired units, Exelon is one of America\u2019s largest utility providers, concentrating on the transmission and distribution of clean energy.As factors like rapid data center expansion, electric vehicle adoption, grid modernization and broader decarbonization goals are accelerating the investment trend in the U.S. utility sector, both AES and EXC are well-positioned to benefit. Now, to determine which one of these stocks presents a stronger investment opportunity, let\u2019s take a closer look. Recent Achievements: Per its first-quarter 2025 results, since February 2025, AES signed new long-term Power Purchase Agreements (PPAs) for 443 megawatts (MW) of solar and energy storage. More recently, in May, the company signed two long-term PPAs with Meta to support the latter\u2019s data centers with 650 MW of solar capacity.Looking ahead, the company expects to complete the construction of the majority of its 11.9 GW backlog of signed contracts with investment-grade, large corporate customers through 2027. Such notable PPAs and contract backlog should drive strong financial results for AES in the years to come.Financial Stability: The company ended the first quarter of 2025 with cash and cash equivalents (including marketable debt securities) of $2.55 billion, up from $2.04 billion at the end of 2024. However, as of March 2025, it reported a long-term debt of $26.41 billion and a current debt of $4.17 billion. This indicates a relatively weak financial position, which could limit the company's ability to reliably fund its ongoing operations and future growth plans.Challenges to Note: AES Corp. faces multiple challenges that may concern investors. A key issue is the decline in wholesale electricity prices, primarily due to increasing low-cost renewable energy sources, cheaper natural gas and demand-side efficiencies. This trend is likely to persist, potentially putting pressure on AES\u2019 revenues. Additionally, the company\u2019s hydroelectric assets remain vulnerable to unfavorable weather patterns, especially in countries like Panama, Brazil, Colombia and Chile. Reduced water inflows can limit power generation, forcing AES to purchase electricity to meet contractual obligations, which is likely to impact its bottom-line performance. Recent Achievements: Exelon ended the first quarter of 2025 on a solid note, with its earnings per share having increased 35.3% from the prior-year quarter. The company also reported year-over-year revenue growth of 11.1%.In May 2025, Exelon\u2019s ComEd segment got approval from the Illinois Commerce Commission for its second Beneficial Electrification Plan, which will invest about $168 million from 2026 to 2028.Looking ahead, Exelon plans to invest nearly $38 billion in its regulated utility operations from 2025 to 2028, reflecting a 10% increase from the prior plan. Such an investment strategy should help improve EXC\u2019s grid reliability and may boost its customer base, thereby bolstering its revenues.Financial Stability: The company ended the first quarter of 2025 with cash and cash equivalents (including marketable debt securities) of $1.58 billion, up from $0.90 billion at the end of 2024. However, as of March 2025, it reported a long-term debt of $45.73 billion and a current debt of $2.54 billion. This indicates a relatively weak financial position, which could limit the company's ability to reliably fund its ongoing operations and future growth plans.Challenges to Note: Exelon faces challenges from changing technologies and weather conditions. Rising usage of energy efficiency of lighting, appliances, equipment and building materials might reduce energy consumption. This may lower demand for Exelon\u2019s transmission and distribution services, adversely impacting its profitability. Additionally, extreme weather conditions or damage resulting from storms may put pressure on transmission and distribution systems of utility providers like EXC, resulting in increased maintenance costs. The Zacks Consensus Estimate for AES\u2019 2025 earnings per share (EPS) is pegged at $2.16, which indicates year-over-year growth of 0.9%. The company\u2019s EPS estimates have also been trending upward over the past 60 days. The consensus estimate for 2025 revenues is pegged at $12.56 billion, which indicates year-over-year growth of 2.3%. Image Source: Zacks Investment Research The Zacks Consensus Estimate for EXC\u2019s 2025 EPS is pegged at $2.70, which indicates year-over-year growth of 8%. The company\u2019s EPS estimates have also been trending upward over the past 60 days. The consensus estimate for 2025 revenues is pegged at $24.20 billion, which indicates year-over-year growth of 5.1%. Image Source: Zacks Investment Research EXC has outperformed AES over the past year. Shares of EXC gained 16.4% against shares of AES, which declined 53.5%. Image Source: Zacks Investment Research AES shares are expensive on a relative basis, with its forward 12-month Enterprise Value/EBITDA (EV/EBITDA F12M) being 11.06X compared with EXC\u2019s EV/EBITDA F12M of 9.97X. Image Source: Zacks Investment Research Exelon has a current ratio of 1.09 compared with AES\u2019 0.84. A current ratio above one indicates that the company can comfortably meet its short-term liabilities. In contrast, AES\u2019 current ratio below one raises concerns about its short-term liquidity. Image Source: Zacks Investment Research Exelon has a total debt-to-capital ratio of 63.09%, which is significantly lower than AES\u2019 total debt-to-capital ratio of 79.83%. This indicates that EXC maintains a more balanced capital structure and is less dependent on debt financing. Both AES and EXC are key utility players with increased focus in the clean energy space, but EXC currently appears to be the more attractive investment opportunity.EXC offers a more attractive valuation, higher short-term liquidity and stronger capital structure. While AES is actively expanding its renewable capacity, its high debt levels and weaker financial ratios raise concerns about its stability.For investors looking for a clean energy-focused utility with better financial strength and capital structure, EXC seems to be the better choice right now.EXC currently carries a Zacks Rank #2 (Buy), while AES holds a Zacks Rank #3 (Hold). You can see the full list of today\u2019s Zacks Rank #1 (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report The AES Corporation (AES) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""ComEd Receives Approval for Beneficial Electrification Plan 2, Continuing to Advance Transportation Electrification in Illinois Investment of $168 million over three years will support EV purchases and charging infrastructure advancements CHICAGO, May 29, 2025--(BUSINESS WIRE)--ComEd today announced that the Illinois Commerce Commission (ICC) has approved its second Beneficial Electrification (BE) Plan, investing approximately $168 million over a three-year period beginning in 2026. The continuation of ComEd\u2019s BE funding marks a significant step forward in ComEd\u2019s commitment to advancing electric vehicle (EV) adoption and reducing emissions in northern Illinois. Building on its current $231 million investment in beneficial electrification, deployed from 2023 through 2025, ComEd will invest an additional $168 million between 2026-2028 through BE Plan 2 to help residential and non-residential customers transition to and take advantage of electric vehicles. Since February of 2024, ComEd has incentivized the purchase and installation of nearly 5,000 public and private EV charging ports (Level 2 and Fast Chargers) and the purchase or lease of nearly 1,000 new and pre-owned electric fleet vehicles. More than 70% of the rebates awarded have gone to low-income customers or business and public sector organizations located in, or primarily serving, low-income and Equity Investment Eligible Communities (EIECs). Over this same period, Illinois has seen EV registrations grow three to four times faster than the nation as a whole. \""The shift to EVs is a major milestone on the road to Illinois\u2019 clean energy future, and it is part of a broader effort to electrify more of our region\u2019s energy system,\"" said Gil C. Quiniones, ComEd President and CEO. \""Through the expansion of our Beneficial Electrification programs, ComEd is helping to reduce carbon emissions, improve air quality, and enable all communities to enjoy the benefits and opportunities that flow from the global energy transformation.\"" The approval of ComEd\u2019s BE Plan 2 follows the successful implementation of ComEd\u2019s first BE Plan, which was approved in 2023 under the guidance of the Climate and Equitable Jobs Act (CEJA). Signed into law by Governor J.B. Pritzker in 2021, CEJA aims to combat climate change by leveraging Illinois\u2019 clean electricity grid and promoting beneficial electrification across the state. \""Illinois is committed to decarbonizing the transportation sector, and ComEd\u2019s BE Plan 2 plays a crucial role in enabling more electric vehicle adoption in the state,\"" said Megha Lakhchaura, State EV Officer of Illinois. \""By expanding charging infrastructure and providing incentives from the state and key partners like ComEd, we are making EV adoption more accessible and practical for residents and businesses alike.\"" Key components of ComEd\u2019s second Beneficial Electrification Plan include: Residential EV Charger and Installation Program: $11 million, over three years, to offer rebates of up to $2,500 per household to support the purchase and installation of residential Level 2 electric vehicle chargers. Business and Public Sector EV Purchase Program: $82 million, over three years, to offer rebates for the purchase or lease of new or pre-owned fleet EVs of all weight classes. Business and Public Sector Make-Ready Program: $44 million, over three years, to offer rebates for covering costs associated with making sites ready for public or private Level 2 of DC Fast Charging equipment. Customer Education and Awareness Program: $11 million, over three years, to fund multiple efforts to empower and support customers to make informed decisions about vehicle electrification and charging infrastructure deployment. This includes free access to ComEd support tools including Fleet Electrification Assessments, EV Toolkits and training programs for municipalities interested in achieving \""EV Ready\"" status, and free Fleet Electrification Assessments, among others. Research and Development Program: $11 million, over three years, to evaluate and demonstrate the impact of new transportation and electrification technologies. Portfolio Program: $9 million, over three years, to fund a variety of initiatives spanning across multiple programs, to support a successful deployment of BE Plan 2 as a whole. Projects located in, or primarily serving, low income or EIECs, will be eligible for higher rebate amounts, and will receive more than 50% of the BE Plan 2 budget. Exact rebate amounts may be adjusted in response to demand over the course of the BE Plan 2 timeline. EVs provide a variety of benefits for customers. Not only do they offer fuel and maintenance cost savings and performance benefits, but communities can experience broad environmental improvements from reduced tailpipe emissions. Additionally, electrifying transportation\u2014especially vehicle fleets\u2014can create tangible benefits for all communities and families across northern Illinois, including health benefits in communities which have traditionally borne the brunt of climate change and air pollution. \""Reducing vehicle emissions is one of the most effective ways to improve air quality and public health,\"" said Brian Urbaszewski, Director of Environmental Health Programs at Respiratory Health Association. \""Given current uncertainty with other sources of funding that foster zero-emission transportation, ComEd\u2019s continued investment in its Beneficial Electrification Plan is now even more critical in helping cut harmful pollutants, leading to cleaner air and healthier communities across northern Illinois.\"" ComEd\u2019s BE Plan 2 was developed in close collaboration with multiple stakeholders, including environmental organizations, community groups and industry experts to ensure equitable access to electrification benefits. The continued efforts in 2026 will build upon the existing resources and tools ComEd has already launched to support customer education and EV adoption including, the ComEd EV Toolkit, EV Ambassador Program, EV Readiness program, EV Load Capacity Map, Fleet Electrification Assessments, EV Service Provider Network, EV Dealership Network and more. For more information on ComEd\u2019s second BE Plan and available resources and programs offered by ComEd, please visit ComEd.com/EV. ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company serving more than 10.7 million electricity and natural gas customers\u2014the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state\u2019s population. For more information, visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20250529759823/en/ Contacts ComEdMedia Relations312-394-3500""]"
EXC,2025-06-02,43.58,43.81,43.27,43.79,"UBS Adjusts Price Target on Exelon to $48 From $46, Maintains Neutral Rating Exelon (EXC) has an average rating of hold and mean price target of $47.80, according to analysts po"
EXC,2025-06-03,43.79,43.89,42.9,43.46,
EXC,2025-06-04,43.46,43.52,42.73,42.75,"ComEd Energy Efficiency Program Exceeds 2024 Goals of Saving Customers 13 Million MWhs of Electricity Program is one of ComEd’s key pillars to helping customers save energy and money with pending rise in electric supply costs CHICAGO, June 04, 2025--(BUSINESS WIRE)--In 2024, the award-winning ComEd Energy Efficiency Program helped customers save over 13 million megawatt hours (MWhs) of electricity, surpassing state law requirements. Since 2012, installed energy-efficiency measures have continued to deliver savings. This resulted in nearly $1.3 billion in electric bill savings for customers last year, according to ComEd. The energy-saving results are based on an independent evaluation of the ComEd program conducted by Guidehouse, a global consulting and managed services provider. With the average monthly residential customer bill in the ComEd service territory projected to increase by approximately $10.60 in June, the result of the annual PJM Interconnection capacity auction held last year, the evaluation shows the ComEd program continues to effectively assist customers in managing their energy consumption and maintaining control over electricity costs. ""ComEd recognizes the challenge posed by rising supply costs effective in June,"" said Melissa Washington, senior vice president of customer operations and strategic initiatives for ComEd. ""Although we can’t control this increase, we offer energy-efficiency options to help customers manage their energy costs and connect them to grants and bill-support options. The fact that customers are taking advantage of these options highlights their importance."" The ComEd Energy Efficiency Program, funded in accordance with state law, offers services, incentives, and rebates to assist families and businesses in reducing costs and improving energy usage. In 2024, the program: provided ComEd residential and business customers with over $277 million in incentives through rebates and discounts on energy-efficiency measures and projects. increased the comfort and efficiency of more than 53,000 multi-family units by installing insulation, air sealing, heat pumps, and other measures at no cost to the residents. saved business customers more than 754,000 MWhs of electricity, amounting to over $79 million in bill savings, with an estimated total savings of 9.6 million MWh over the expected life of those measures, totaling more than $1 billion. saved residential customers over 1 million MWhs of electricity, resulting in over $170 million in bill savings, with an estimated total savings of 13.2 million MWh over the expected life of those measures, totaling nearly $2.2 billion. enabled over 161,000 income-eligible customers to save more than 730,000 MWhs, equating to nearly $123 million in annual bill savings. Income-eligible customers are also expected to realize estimated total savings of 10 million MWhs over the life of these measures, totaling more than $1.6 billion. ""By taking advantage of energy efficiency programs, customers can meaningfully reduce their energy bills,"" said Paige Knutsen, executive director of the Midwest Energy Efficiency Alliance (MEEA). ""Energy efficiency programs support thousands of strong, local jobs and help make our communities’ homes and businesses more comfortable and resilient."" Since 2008, the ComEd Energy Efficiency Program, one of the largest and longest-running of its kind, has saved customers over $11 billion on electric bills and more than 99 million megawatt-hours of electricity. This is equivalent to: avoiding over 74 billion pounds of carbon emissions, removing nearly 8 million cars from the road, and planting about 34 million acres of trees. ComEd also provides various bill-assistance options, such as budget billing, payment arrangements, and federal grants through LIHEAP. So far this year, ComEd has helped over 114,000 customers access nearly $22 million in financial assistance and other support programs. Customers can visit ComEd.com/BillSupport to find both energy-efficiency and bill-assistance options for which they may qualify. ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company with more than 10.7 million electricity and natural gas customers – the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population. For more information visit ComEd.com and connect with the company on Facebook, Twitter, Instagram and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20250604382455/en/ Contacts ComEd Media Relations312-394-3500"
EXC,2025-06-05,42.75,43.085,42.495,42.85,"Exelon’s CFO joined the Fortune 500 company nearly 20 years ago. Here’s her advice for career longevity at one company Good morning. Jeanne Jones, EVP and CFO of Exelon, has been with the company for 18 years, though she hadn’t originally set her sights on becoming the utility giant’s finance chief. It wasn’t until a boss earlier in her career at the company encouraged her to map out a path to becoming Exelon’s CFO that she seriously considered the possibility. “I had two kids under 4; I was just happy to be here,” Jones recalled telling him. But the exercise prompted her to think strategically about her career, identifying several possible routes to the CFO role. With her mentor’s sponsorship, she became CFO of Commonwealth Edison (ComEd), Exelon’s largest operating company, before returning to corporate finance and ultimately being promoted to Exelon’s CFO in 2022. One of the nation’s largest utility companies, Chicago-based Exelon (No. 192 on the Fortune 500), led by CEO Calvin Butler, serves more than 10 million customers through six regulated transmission and distribution utilities. Since spinning off its power generation business, Constellation Energy, in 2022, Exelon has focused solely on regulated utility operations—meaning it does not own power plants, but instead manages the infrastructure that delivers electricity and gas to end users. In 2024, Exelon reported revenues of $23 billion and net income of $2.5 billion, reflecting solid growth in its regulated utility businesses. The company is closely watching—and actively responding to—the data center boom, Jones said. To ensure grid reliability and affordability, Exelon is working closely with state regulators and running extensive scenario planning to anticipate how much new power load will materialize and when, she explained. “We are running scenarios on how much load or how much new customer demand is coming to the grid,” Jones said. When her team brings her 10 scenarios, “I always ask for that 11th,” she added. The company is also investing heavily in infrastructure, with a $38 billion capital plan over four years and an additional $15 billion earmarked for transmission upgrades to handle the data center surge. Jones began her career as a manager in the audit practice at EY’s Chicago office. In 2007, when she interviewed at Exelon, two things stood out: the company’s culture of rotating talent through different departments and the intelligence and ambition of the people she met. “Everyone I interviewed with had done different things,” Jones said. “If they started in accounting, then they went to financial planning and analysis, and then to treasury.” She wanted to do the same. Her time at Exelon included roles in accounting, treasury—where she worked on mergers and credit analysis—and operations. In addition to serving as CFO of ComEd, she was also VP of finance for Exelon Nuclear, CFO of Exelon’s Joint Venture Nuclear Group, and chief of staff to the Exelon CFO for two years—a significant learning experience. “We were going through a hostile takeover of another company that ended up not working out,” Jones said. Each move was driven by a desire to learn something new, Jones said. She likens her experience to learning a foreign language: You can study French in a classroom, but if you live in Paris and are fully immersed in the language, you truly learn how to speak it. For example, working in operations gave Jones a whole new perspective on the business, she said. Reflecting on her journey, Jones offers the following career advice: Stay open to new experiences and don’t get overwhelmed by distant goals—and don’t let the pressure of a specific end goal cloud your enjoyment of the ride. “Keep going for the next thing that’s going to develop you,” she said. Sheryl Estradasheryl.estrada@fortune.com This story was originally featured on Fortune.com"
EXC,2025-06-06,42.95,43.03,42.36,42.62,"Are You Looking for a High-Growth Dividend Stock? All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Based in Chicago, Exelon (EXC) is in the Utilities sector, and so far this year, shares have seen a price change of 13.87%. The energy company is paying out a dividend of $0.4 per share at the moment, with a dividend yield of 3.73% compared to the Utility - Electric Power industry's yield of 3.25% and the S&P 500's yield of 1.56%. Taking a look at the company's dividend growth, its current annualized dividend of $1.60 is up 5.3% from last year. In the past five-year period, Exelon has increased its dividend 3 times on a year-over-year basis for an average annual increase of 0.01%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Exelon's current payout ratio is 58%, meaning it paid out 58% of its trailing 12-month EPS as dividend. Earnings growth looks solid for EXC for this fiscal year. The Zacks Consensus Estimate for 2025 is $2.70 per share, which represents a year-over-year growth rate of 8%. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. However, not all companies offer a quarterly payout. For instance, it's a rare occurrence when a tech start-up or big growth business offers their shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, EXC is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"
EXC,2025-06-09,42.4,42.68,42.11,42.2,
EXC,2025-06-10,42.28,42.92,42.145,42.92,"The Market Is Vulnerable. 6 ‘Defensive’ Stocks to Buy Now. FEATURE The market’s rally brings it to a level that makes it vulnerable to declines. Buying cheap “defensive” stocks is a smart way to protect your portfolio. Last week, in the Trader Column, we pointed out that defensives, broadly, were a good place to start looking for stocks."
EXC,2025-06-11,42.77,43.04,42.56,42.88,
EXC,2025-06-12,43.03,43.74,43.0,43.64,"[""Exelon (NASDAQ:EXC) shareholders have earned a 28% return over the last year These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But you can significantly boost your returns by picking above-average stocks. To wit, the Exelon Corporation (NASDAQ:EXC) share price is 23% higher than it was a year ago, much better than the market return of around 11% (not including dividends) in the same period. If it can keep that out-performance up over the long term, investors will do very well! However, the longer term returns haven't been so impressive, with the stock up just 1.5% in the last three years. With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. Exelon was able to grow EPS by 16% in the last twelve months. The share price gain of 23% certainly outpaced the EPS growth. So it's fair to assume the market has a higher opinion of the business than it a year ago. You can see how EPS has changed over time in the image below (click on the chart to see the exact values). We know that Exelon has improved its bottom line lately, but is it going to grow revenue? This free report showing analyst revenue forecasts should help you figure out if the EPS growth can be sustained. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Exelon, it has a TSR of 28% for the last 1 year. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return. It's good to see that Exelon has rewarded shareholders with a total shareholder return of 28% in the last twelve months. That's including the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 13% per year), it would seem that the stock's performance has improved in recent times. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with Exelon (at least 1 which is a bit unpleasant) , and understanding them should be part of your investment process. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned."", ""ComEd Announces $10 Million Relief Fund to Help Reduce Burden of Rising Summer Energy Bills New one-time fund to help low-income ComEd residential customers and nonprofit organizations across northern Illinois CHICAGO, June 12, 2025--(BUSINESS WIRE)--ComEd today joined community partners in announcing that $10 million in bill assistance will be made available to help income eligible customers manage the burden of rising summer energy costs. The Customer Relief Fund, supported by Exelon, ComEd\u2019s parent company, will provide one-time grants of $500 for qualifying low- to moderate-income customers, and $1,000 for nonprofit organizations in northern Illinois. Customers can apply for assistance beginning July 7 at ComEd.com/Relief. \""Rising energy supply costs present challenges to customers in many parts of the country, and we at ComEd are proud to do our part to bring a measure of relief to our customers in northern Illinois,\"" said Gil C. Quiniones, President and CEO, ComEd. \""The Customer Relief Fund is expected to bring immediate billing relief to thousands of ComEd customers, and it builds on the ongoing programs and relationships we have for lowering energy costs and delivering critical financial assistance to those who are struggling most.\"" ComEd announced the fund at the Cornerstone Community Development Corporation in Ford Heights, IL, where representatives were on hand to connect ComEd customers to currently available bill-assistance and energy-efficiency programs. Company officials were joined by The Salvation Army and the Neighborhood Housing Services of Chicago, two agencies selected to administer the fund directly to customers. \""We are deeply grateful to Exelon and ComEd for their unwavering support in providing financial relief to underserved residents in our region,\"" said Angelia Smith, Executive Director, Cornerstone Community Development Corporation. \""Every day, we witness individuals and families struggling to meet life's basic necessities. This vital lifeline will not only help them navigate these difficult times but also empower them to regain stability and hope for a brighter future. Together, we can make a meaningful difference in the lives of those who need it most.\"" \""NHS is working to ensure all Illinois residents\u2014especially those in under-resourced communities\u2014receive the support they need to manage rising energy costs,\"" said Anthony E. Simpkins, President and CEO of Neighborhood Housing Services of Chicago. \""At the same time, we\u2019re focused on long-term, reliable, renewable energy solutions as we design, build, and explore new models of affordable housing for the future.\"" \""At The Salvation Army, we believe every family deserves to live in a home where basic needs like electricity aren\u2019t a source of stress or hardship,\"" said Lt. Colonel Jonathan Rich, The Salvation Army North and Central Illinois Divisional Commander. \""The Customer Relief Fund will make a real difference for people, and we\u2019re proud of our collaboration with ComEd to keep working toward long-term solutions that bring stability and dignity to communities across northern Illinois.\"" About the Customer Relief Fund The Customer Relief Fund will provide timely relief to ComEd customers impacted most by rising energy costs brought on by increased energy use that comes with the summer cooling months, as well as a capacity charge increase brought on by the recent PJM auction that was impacted by power plant retirements, increased load and more frequent instances of extreme weather. As a result, ComEd bills are expected to increase between 10% to 15% this summer, with the average residential customer seeing an increase of $10.60 a month on the supply portion of the bill, depending on usage amounts. The capacity charge is passed through with no markup from or profit to ComEd. The fund also aims to serve as a bridge to the end of LIHEAP\u2019s funding season late this summer, and the launch of ComEd\u2019s forthcoming Low-Income Discount program in January 2026. The fund supplements ComEd\u2019s existing menu of bill assistance and energy management options, which last year alone connected more than 229,000 customers to $133 million in various bill-assistance options. To be eligible for the funds, residential customers must be in arrears and be at or below 300% of the Federal Poverty Level which, for a family of four, is $32,150. Nonprofit organizations must also be in arrears. For a list of all bill-support options available to customers, visit ComEd.com/BillSupport. \""I want to extend my heartfelt gratitude to Exelon and ComEd for their generous support and commitment to our community during these challenging financial and political times,\"" said Debbie Meyers-Martin, State Representative, 38th District. \""As many residents face unprecedented financial hardships, the critical financial relief provided by these companies is a lifeline for those struggling to keep up with their utility bills. Their proactive response exemplifies corporate social responsibility and underscores the importance of partnership in serving our community\u2019s needs. Together, we are working towards a brighter, more stable future for all our constituents.\"" \""Our residents have faced numerous challenges recently, and the ongoing battle with water purity issues has only compounded their stress. Adding worries about utility bills on top of that would be overwhelming for many families,\"" said University Park Mayor Joseph Roudez. \""I sincerely appreciate Exelon and ComEd for their innovative efforts to provide our residents with financial relief. Their support is a beacon of hope during these trying times, helping to alleviate some of the burdens our community faces.\"" ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company serving more than 10.7 million electricity and natural gas customers \u2013 the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state's population. For more information visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X, and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20250612874846/en/ Contacts ComEd Media Relations 312-394-3500"", ""Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term. Different than value or growth investors, momentum-oriented investors live by the saying \""the trend is your friend.\"" This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks. Chicago, IL-based Exelon Corporation completed the previously announced separation of the power generation and competitive energy business, namely Constellation Energy Corp., into a separate entity, which will trade under the symbol \u201cCEG\u201d. Exelon retained the transmission and distribution utility business, which will continue to be called Exelon and trade under the symbol \u201cEXC\u201d. The separation was completed on Feb 1, 2022. EXC sits at a Zacks Rank #3 (Hold), holds a Momentum Style Score of B, and has a VGM Score of B. The stock is up 0.3% and up 1.5% over the past one-week and four-week period, respectively, and Exelon has gained 23.4% in the last one-year period as well. Additionally, an average of 7,121,548 shares were traded over the last 20 trading sessions. Momentum investors don't just pay attention to price changes; positive earnings play a crucial role, too. Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.03 to $2.70 per share. EXC boasts an average earnings surprise of 10.1%. Investors should take the time to consider EXC for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""\""Commitment to Our Communities:\"" Exelon Steps in to Provide $50 Million Customer Relief Fund for Customers Struggling with Higher Energy Supply Costs In early July and August, Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco low- and middle-income customers can begin applying for relief to ease the expected impact of higher summer energy supply costs. Trusted local nonprofits to join with Exelon\u2019s local energy companies and administer relief thanks to charitable contributions from Exelon. CHICAGO, June 12, 2025--(BUSINESS WIRE)--Exelon (Nasdaq: EXC) today announced a $50 million Customer Relief Fund to help low- and middle-income (LMI) customers struggling as energy supply costs escalate this summer. Exelon\u2019s local energy companies \u2013 Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco \u2013 will join with trusted local nonprofits to determine customer eligibility and administer relief. Each nonprofit will receive a portion of the $50 million commitment as a one-time charitable contribution from Exelon. Beginning in early July, customers of Atlantic City Electric, BGE, ComEd, Delmarva Power and Pepco will be able to apply for assistance through the Customer Relief Fund. Customers of PECO in the Philadelphia area will be able to apply in August. Qualifying customers may see as much as several hundred dollars in relief. The fund is a temporary, one-time assistance program designed to help manage the impact of rising energy supply costs as demand increases and supply is not there to meet it. Although all customers are affected by these increases, the fund is designed to provide support to those who may be most in need. While Exelon does not control energy supply costs, the company is committed to advocating for customers and working to find solutions with those who do. \""Exelon understands that high energy bills, caused by increased supply costs, are extremely stressful for low- and middle-income customers \u2013 which includes many seniors, small business owners and families experiencing challenges,\"" said Exelon President and CEO Calvin Butler. \""The Customer Relief Fund, in addition to our existing year-round programs supporting customers with energy assistance, once again demonstrates Exelon\u2019s commitment to our communities. We continue to work with federal, state and local officials to develop long-term solutions that ensure customers affordable, reliable and sustainable energy.\"" How the Customer Relief Fund Will Work Exelon is making a one-time charitable contribution totaling $50 million to trusted community nonprofits to assist customers. In these challenging times, Exelon hopes this contribution will catalyze additional philanthropic giving to support communities. Details regarding administration of the Customer Relief Fund, including eligibility and disbursement of relief, will vary by operating company and its alliance with local nonprofits. Customers are encouraged to visit the websites of their local energy companies to learn how they can secure local support. Helping Customers Cope Though the Customer Relief Fund is a temporary program designed to address the current needs of customers, it is a key part of Exelon\u2019s and its local energy companies\u2019 comprehensive efforts helping customers afford and manage energy costs, including: Energy efficiency programs to help customers reduce energy consumption. Working with state and local governments to develop innovative programs that provide customers access to additional relief for high energy costs. Budget billing and flexible payment options to help customers manage costs, especially during higher usage periods. In addition to these short- and medium-term efforts to help customers cope with higher energy costs, Exelon continues working with federal, state and local officials to develop long-term solutions that deliver reliable and affordable energy to customers, including bringing more electricity generation online quickly through reforms to promote the re-use of retiring or retired generation sites. By accelerating the delivery of new, clean sources of power \u2013 while supporting local communities and embracing best practices from other parts of the country \u2013 we can work with customers to decrease overall electricity demands when the grid is stressed. Exelon remains committed to serving customers and communities in times of need. The Customer Relief Fund is part of Exelon\u2019s broader support for customers, which in 2024 included $492.1 million in energy assistance programs serving 520,000 customers and nearly $1 billion in energy efficiency programs to help customers save energy and money. Though energy costs continue rising, Exelon customers have seen rates 21 percent below the largest U.S. cities, while also experiencing a 35 percent improvement in reliability because of our grid investments. About Exelon Exelon (Nasdaq: EXC) is a Fortune 200 company and one of the nation\u2019s largest utility companies, serving more than 10.7 million customers through six fully regulated transmission and distribution utilities \u2014 Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco. Exelon\u2019s 20,000 employees dedicate their time and expertise to supporting our communities through reliable, affordable and efficient energy delivery, workforce development, equity, economic development and volunteerism. Follow Exelon on X, @Exelon. View source version on businesswire.com: https://www.businesswire.com/news/home/20250612267612/en/ Contacts Timothy Stokes 312-394-7417 Media Hotline Timothy.Stokes3@exeloncorp.com""]"
EXC,2025-06-13,43.57,43.69,43.135,43.25,
EXC,2025-06-16,43.25,43.49,42.441,42.68,
EXC,2025-06-17,42.75,42.75,42.26,42.39,"With 85% ownership of the shares, Exelon Corporation (NASDAQ:EXC) is heavily dominated by institutional owners Institutions' substantial holdings in Exelon implies that they have significant influence over the company's share price The top 15 shareholders own 50% of the company Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business Trump has pledged to ""unleash"" American oil and gas and these 15 US stocks have developments that are poised to benefit. If you want to know who really controls Exelon Corporation (NASDAQ:EXC), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are institutions with 85% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot of weight, especially with individual investors. Hence, having a considerable amount of institutional money invested in a company is often regarded as a desirable trait. In the chart below, we zoom in on the different ownership groups of Exelon. View our latest analysis for Exelon Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. We can see that Exelon does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Exelon, (below). Of course, keep in mind that there are other factors to consider, too. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Exelon is not owned by hedge funds. Our data shows that The Vanguard Group, Inc. is the largest shareholder with 13% of shares outstanding. For context, the second largest shareholder holds about 11% of the shares outstanding, followed by an ownership of 6.1% by the third-largest shareholder. A closer look at our ownership figures suggests that the top 15 shareholders have a combined ownership of 50% implying that no single shareholder has a majority. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our most recent data indicates that insiders own less than 1% of Exelon Corporation. As it is a large company, we'd only expect insiders to own a small percentage of it. But it's worth noting that they own US$24m worth of shares. In this sort of situation, it can be more interesting to see if those insiders have been buying or selling. The general public-- including retail investors -- own 15% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. It's always worth thinking about the different groups who own shares in a company. But to understand Exelon better, we need to consider many other factors. Be aware that Exelon is showing 2 warning signs in our investment analysis , and 1 of those doesn't sit too well with us... If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned."
EXC,2025-06-18,42.51,42.55,42.1815,42.361,"Exelon to Gain From Investments and Cost Management Initiatives Exelon Corporation EXC, with its investments in regulated utility operations for grid modernization, electric transmission and effective cost-saving efforts to better serve its customers, is expected to be a consistent performer in its industry over the long run. However, this Zacks Rank #3 (Hold) company is exposed to risks like the failure of equipment or facilities used in delivery systems. Exelon makes significant investments in infrastructure projects, with plans to spend more than $38 billion on regulated utility operations between 2025 and 2028. The new capital expenditure represents a 10% increase over the previous plan and will be used to meet customer needs and maintain grid reliability. The company intends to invest $21.7 billion in electric distribution, $12.6 billion in electric transmission, and $3.8 billion in gas delivery between 2025 and 2028. Systematic investments will ensure rate-based growth of about 7.4% from 2024 to 2028. The approved electric and natural gas distribution rates will increase the company's revenues and profitability. Exelon serves more than 10 million customers in its service territories. Utility customers in its service areas benefited from tax reforms, energy efficiency programs and cost-saving measures. It continues to manage expenses efficiently, keeping costs below the rate of inflation, which benefits customers. The failure of the equipment or facilities used in the delivery systems could disrupt electric transmission, as well as electric and natural gas supply, resulting in revenue losses, increased maintenance and capital expenses. Failures in equipment or facilities, particularly if the smart grid or other technologies in the service territory fail to work as intended, could disrupt uninterrupted services to customers, potentially harming financial outcomes. Extreme weather conditions or storm damage may put a strain on transmission and distribution systems, communication systems and technologies, resulting in higher maintenance and capital expenditures and reducing each company's capacity to meet peak customer demands. In the past six months, EXC shares have rallied 14% compared with the industry’s growth of 7.6%. Image Source: Zacks Investment Research Some better-ranked stocks from the same industry are Fortis FTS, CenterPoint Energy CNP and NiSource Inc. NI, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. FTS’ long-term (three to five years) earnings growth rate is 5%. The Zacks Consensus Estimate for its 2025 earnings per share (EPS) stands at $2.47, which calls for a year-over-year jump of 3.4%. CNP’s long-term earnings growth rate is 7.8%. The Zacks Consensus Estimate for its 2025 EPS stands at $1.75, which indicates a year-over-year rally of 8%. NI’s long-term earnings growth rate is 7.9%. The Zacks Consensus Estimate for its 2025 EPS stands at $1.88, which implies a year-over-year rise of 7.4%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NiSource, Inc (NI) : Free Stock Analysis Report CenterPoint Energy, Inc. (CNP) : Free Stock Analysis Report Fortis (FTS) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"
EXC,2025-06-20,42.52,42.87,42.3301,42.59,"[""Why This 1 Value Stock Could Be a Great Addition to Your Portfolio Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum. Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks. Chicago, IL-based Exelon Corporation completed the previously announced separation of the power generation and competitive energy business, namely Constellation Energy Corp., into a separate entity, which will trade under the symbol \u201cCEG\u201d. Exelon retained the transmission and distribution utility business, which will continue to be called Exelon and trade under the symbol \u201cEXC\u201d. The separation was completed on Feb 1, 2022. EXC is a Zacks Rank #3 (Hold) stock, with a Value Style Score of B and VGM Score of B. Shares are currently trading at a forward P/E of 15.7X for the current fiscal year compared to the Utility - Electric Power industry's P/E 17.7X. Additionally, EXC has a PEG Ratio of 2.5 and a Price/Cash Flow ratio of 7X. Value investors should also note EXC's Price/Sales ratio of 1.8X. Many value investors pay close attention to a company's earnings as well. For EXC, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.03 to $2.70 per share for 2025. EXC boasts an average earnings surprise of 10.1%. EXC should be on investors' short list because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""ComEd Appoints Melissa Washington as SVP of Governmental, Regulatory and External Affairs Washington, a 20+ veteran of Exelon, replaces Louie Binswanger, who retires at the end of the year. Organizational changes to position ComEd for success amid the clean energy transition. CHICAGO, June 19, 2025--(BUSINESS WIRE)--ComEd today announced Melissa Y. Washington, with more than two decades of experience in the industry and at Exelon, will be appointed to the role of senior vice president of Governmental, Regulatory and External Affairs (GREA) effective September 1, 2025. This key appointment will position ComEd to continue advancing work alongside key stakeholders, and to advocate for policies that will benefit northern Illinois customers and communities in the clean energy transition. In this role, Washington will set the company\u2019s policy, legislative and regulatory strategies. She will also oversee the company\u2019s economic and workforce development functions, as well as corporate community impact and charitable giving for ComEd. \""Melissa Washington is a highly-respected and transformational leader with a track record for driving innovation in our customer operations while advancing critical stakeholder and policy work \u2013 always keeping the people, businesses and communities we serve front of mind,\"" said ComEd President and CEO Gil Quiniones. \""With our industry facing dramatic changes and customer demands evolving rapidly, I am confident that Melissa\u2019s deep industry experience and strong relationships make her the right person to advance the important work we must do to continue supporting the clean energy transition in our region.\"" Washington first joined Exelon in 2003, with executive-level roles held in investor relations, corporate affairs, governmental affairs, regulatory, large customer and workforce and economic development. Washington joined ComEd in 2016 and currently serves as senior vice president of Customer Operations and Strategic Initiatives, where she has led the company in reshaping its customer experience, creating new customer tools to provide energy billing relief and to boost customer participation in clean energy technology and energy management solutions, including growing the impact of ComEd\u2019s industry-leading energy efficiency programs. Washington is active in service to her community, serving in leadership roles with several local boards including the Metropolitan Planning Council, the Civic Consulting Alliance, the Chicago Children\u2019s Advocacy Center board, and the Leadership Greater Chicago board. She is also a member of several professional groups, including serving as board secretary of Smart Electric Power Alliance (SEPA), a member of the American Association of Blacks in Energy (AABE), and the Association of Edison Illuminating Companies (AEIC). She earned her bachelor\u2019s degree in finance from Lewis University and her MBA from Keller Graduate School of Management. \""This is an exciting time to join the GREA team as we continue to bring clean energy solutions to communities in northern Illinois,\"" said Washington. \""I look forward to the opportunity to meet with our stakeholders to better understand the needs of their constituents as we advance plans for a clean and reliable energy grid.\"" Washington, who has served in a leadership capacity in various roles with ComEd since 2003, steps into the SVP of GREA role most recently held by Louie Binswanger, who will transition to serving as senior advisor to the CEO before retiring at the end of the year. \""I want to thank Louie Binswanger for his leadership and many contributions, most notably his work leading the team to achieve regulatory approvals that will help the grid prepare to deliver safe, reliable and clean power for years to come while keeping customer bills as low as possible,\"" said Quiniones. Binswanger, who joined ComEd in 2022, is credited with leading policy and regulatory strategies to secure approval ComEd\u2019s first ever Multi-Year Grid plan, which received regulatory approvals from the ICC in 2024, and setting the stage for key investments through 2027 that will uphold reliability and resiliency in the face of more severe weather and adapt to meet clean energy goals. The plan aligns with the state\u2019s Climate and Equitable Jobs Act (CEJA), a 2021 law which seeks to expand renewable energy access, decarbonize communities and boost the clean energy workforce. Binswanger will stay on in an advisory role to the CEO through the end of the year. ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company serving more than 10.5 million electricity and natural gas customers \u2013 the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state's population. For more information visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X, and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20250619490190/en/ Contacts ComEd Media Relations 312-394-3500""]"
EXC,2025-06-23,42.9,43.29,42.76,43.2,"[""Exelon (EXC) Could Be a Great Choice Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Exelon (EXC) is headquartered in Chicago, and is in the Utilities sector. The stock has seen a price change of 13.18% since the start of the year. The energy company is currently shelling out a dividend of $0.4 per share, with a dividend yield of 3.76%. This compares to the Utility - Electric Power industry's yield of 3.27% and the S&P 500's yield of 1.62%. Taking a look at the company's dividend growth, its current annualized dividend of $1.60 is up 5.3% from last year. Exelon has increased its dividend 3 times on a year-over-year basis over the last 5 years for an average annual increase of 0.01%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Right now, Exelon's payout ratio is 58%, which means it paid out 58% of its trailing 12-month EPS as dividend. Earnings growth looks solid for EXC for this fiscal year. The Zacks Consensus Estimate for 2025 is $2.70 per share, representing a year-over-year earnings growth rate of 8%. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. It's important to keep in mind that not all companies provide a quarterly payout. Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. That said, they can take comfort from the fact that EXC is not only an attractive dividend play, but also represents a compelling investment opportunity with a Zacks Rank of #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""Are Utilities Stocks Lagging E.ON (EONGY) This Year? The Utilities group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is E.ON SE (EONGY) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Utilities peers, we might be able to answer that question. E.ON SE is one of 106 individual stocks in the Utilities sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. E.ON SE is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for EONGY's full-year earnings has moved 2.5% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. Based on the latest available data, EONGY has gained about 54.3% so far this year. In comparison, Utilities companies have returned an average of 6.6%. This shows that E.ON SE is outperforming its peers so far this year. Exelon (EXC) is another Utilities stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 13.2%. For Exelon, the consensus EPS estimate for the current year has increased 2.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, E.ON SE belongs to the Utility - Electric Power industry, a group that includes 60 individual stocks and currently sits at #83 in the Zacks Industry Rank. On average, stocks in this group have gained 6.5% this year, meaning that EONGY is performing better in terms of year-to-date returns. Exelon is also part of the same industry. Going forward, investors interested in Utilities stocks should continue to pay close attention to E.ON SE and Exelon as they could maintain their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report E.ON SE (EONGY) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report American Public Education, Inc. (APEI) : Free Stock Analysis Report Philip Morris International Inc. (PM) : Free Stock Analysis Report Crown Holdings, Inc. (CCK) : Free Stock Analysis Report Calix, Inc (CALX) : Free Stock Analysis Report DBV Technologies S.A. (DBVT) : Free Stock Analysis Report Babcock International Group PLC (BCKIY) : Free Stock Analysis Report Dundee Precious Metals Inc. (DPMLF) : Free Stock Analysis Report Acadian Asset Management Inc. (AAMI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research""]"
EXC,2025-06-24,43.05,43.3,42.86,43.1,
EXC,2025-06-25,42.92,42.94,42.23,42.29,
EXC,2025-06-26,42.41,42.71,42.23,42.51,"[""Utility Giant Exelon Grows Amid Surging Data Center Demand Rising demand for data centers is powering utility giant Exelon into a strong position, offering investors in the stock both growth potential and reliable income. Headquartered in Chicago, Exelon is one of the largest utility providers in the United States. While utilities were once a sleepy sector in the market, the rapid demand for the expansion of data centers has set the sector alight."", ""Midwest Solar Expo 2025 Culminates with Rebrand to Intersolar & Energy Storage North America Midwest Dynamic regional conference and tradeshow delivers education, innovation, and networking to solar and clean energy professionals PORTLAND, Maine and CHICAGO, June 26, 2025--(BUSINESS WIRE)--Intersolar & Energy Storage North America, the premier solar, storage, EV infrastructure, and manufacturing event series, successfully delivered the 11th edition of the Midwest Solar Expo earlier this June in Chicago, IL. The event brought together over 800 solar and clean energy professionals, showcasing innovative products and services by 57 exhibiting companies, providing 37 insightful educational sessions, and delivering countless networking opportunities. Highlights included: Keynote interviews featuring Create Energy\u2019s Dean Solon, ComEd\u2019s Melissa Washington, Generac\u2019s Norm Taffe, Exelon\u2019s Sunny Elebua, and Illinois Commerce Commission\u2019s Doug Scott. Welcome remarks by Elbert Waters III from Powering Chicago, MWSE Host Sponsor. The Pop-A-Shot Classic sponsored by Renewable Energy Evolution. North American Board of Certified Energy Practitioners (NABCEP) accredited training sessions. Live interviews with industry innovators on the SunCast Media Stage. Notably, the event also included an important announcement: the rebranding of Midwest Solar Expo to Intersolar & Energy Storage North America (IESNA) Midwest. \""Rebranding Midwest Solar Expo to IESNA Midwest concludes the integration of our teams, platforms, and expertise,\"" said Wes Doane, Vice President, Intersolar & Energy Storage North America. \""More than a new name, it symbolizes a shared commitment to deliver the connections, resources, and insights that clean energy professionals need to navigate this transformative time in the energy transition. By growing IESNA Midwest in alignment with our audience\u2019s business needs, we reinforce Midwest Solar Expo\u2019s mission of illuminating renewable energy innovation in the heart of the Midwest.\"" About the Intersolar & Energy Storage North America Event Series Intersolar & Energy Storage North America (IESNA) is the premier US-based tradeshow and conference series focused on solar, energy storage, EV infrastructure, and manufacturing. Committed to empowering clean energy innovation, IESNA events deliver insightful education, invaluable networking, and a results-driven exhibit hall experience. IESNA Flagship explores policies, technologies, and market trends at the federal and state levels. The next edition takes place February 18-20, 2026, at the San Diego Convention Center in San Diego, California. IESNA Texas delivers Texas-focused insights and showcases cutting-edge solutions. The next edition takes place November 18-19, 2025, at the Gaylord Texan Resort & Convention Center in Grapevine, Texas. IESNA Midwest explores renewable energy innovation and delivers insights tailored to the Midwest. The next edition takes place June 15-17, 2026, at the Donald E. Stephens Convention Center in Rosemont, Illinois. Get Involved Receive the latest news by signing up for event series updates. Explore the benefits of exhibiting. Consider sharing your expertise. About Diversified Communications Diversified Communications is a leading international media company with a portfolio of in-person exhibitions and conferences, online communities, and digital and print publications. As producers of these market-leading products, Diversified Communications connects, educates, and strengthens business communities in over 15 industries including: renewable energy, healthcare, natural and organic, food and beverage, and technology. Established in 1949 and headquartered in Portland, Maine, USA, with divisions and offices around the world, Diversified Communications remains a privately held, third-generation, family-owned business. For more information, visit: divcom.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20250626968763/en/ Contacts Media Contact Candace Letizia, Marketing Director cletizia@divcom.com""]"
EXC,2025-06-27,42.6,43.09,42.39,42.93,"[""Renewables leaders parse the damage to their industry as Senate approaches vote on \u2018Big, Beautiful Bill\u2019 As the Senate finalizes plans to vote on its revisions of the omnibus spending bill, the renewable energy sector knows its tax credits to build clean energy projects will sunset more quickly, but maybe not as onerously as the draconian provisions in the House version of the \u201cOne Big, Beautiful Bill\u201d dictate. What remains uncertain are both the details and whether any \u201cpoison pills\u201d of the House version could still find their way into the final legislation that could dramatically limit supply-chain materials or prevent small developers from participating in tax credits. All of this is happening when the U.S. needs more power from any means necessary to satiate \u201cunprecedented\u201d rising electricity demand for the first time in decades, driven largely by the data center construction boom to power AI and more, said Exelon CEO Calvin Butler. Butler chairs the Edison Electric Institute, representing investor-owned electric utilities nationwide, and his company, Exelon, is No. 192 on the Fortune 500. \u201cWe believe the [clean energy] tax credits are key,\u201d Butler told Fortune in a June 26 interview. \u201cWe don\u2019t believe you can get to [U.S.] energy dominance without having renewables as part of the solution. That\u2019s the all-of-the-above approach.\u201d Butler said the utilities association is \u201camenable\u201d to the Senate version of the bill, even if the tax credits ideally would be extended for longer. \u201cWe\u2019ll take what we can get,\u201d he added. \u201cWe\u2019re optimistic, but on top of it.\u201d Much of the GOP has sought to expedite oil and gas at the expense of renewables. Currently, the legislation is threatened by GOP infighting and a Senate parliamentarian ruling against taxation changes to Medicaid. The Inflation Reduction Act clawbacks desired by a large portion of the GOP are just a small part of the unwieldy bill. Of particular concern are provisions addressing both the \u201ctransferability\u201d of tax credits\u2014considered necessary by smaller and midsize developers to get many projects off the ground\u2014and the \u201cforeign entity of concern\u201d (FEOC) provisions. The FEOC rules, which only applied to electric vehicle tax credits in the IRA, would now apply to all clean energy tax credits, essentially limiting needed supply-chain materials from China. Transferability, which is restored in the Senate bill for now, allows smaller developers to raise capital by transferring tax credits at a discount to larger buyers with greater tax liability that can immediately take advantage of the tax benefits. Eliminating transferability would hurt smaller developers that need extra optionality to raise capital. The House version of the bill axed transferability after 2027, placed strict FEOC rules on all tax credits, did away with EV and residential solar tax credits, and required that new clean energy utility projects would have to break ground within 60 days of the bill\u2019s signing and placed into service by the end of 2028\u2014an impossibility for many hundreds of planned projects. The pending Senate version restores transferability, keeps more lenient and phased-in FEOC rules on all tax credits, and allows clean energy projects to break ground through the end of 2027\u2014potentially finishing after President Trump\u2019s presidency. Residential solar and EV tax credits remain at risk. \u201cWe believe the transferability is critical for significant development and growth in renewables,\u201d Butler said. For U.S. solar developer Avantus, CEO Cliff Graham said maintaining transferability is vital to the industry. \u201cIf transferability goes away, it\u2019s kind of a backdoor way to shut down the IRA,\u201d said Graham, who\u2019s currently developing solar projects in California, Nevada, and Arizona. If transferability is maintained, the irony is the winding down of the IRA tax credits would speed up wind and solar construction projects, he said. \u201cWe\u2019re in the queue. We\u2019re already there. We can deploy in 18 months. Gas plants are years away for [hyperscalers].\u201d \u201cYou\u2019re going to have an artificial stampede off all these people trying to get their [renewable] projects in on time,\u201d Graham said, which will trigger supply-chain shortages. \u201cEquipment is going to get even more expensive.\u201d Roman Kramarchuk, head of climate market and policy analysis for S&P Global Commodity Insights, said he believes the foreign entity of concern rules could prove the more problematic \u201cpoison pill\u201d for the renewable industry, although the Senate version is again less onerous. The biggest pain point Is utility-scale battery storage because China has a near-monopoly on many of the battery components. \u201cIt\u2019s really hard to imagine doing storage equipment without having elements of either battery cells or modules coming out of China,\u201d Kramarchuk said. FEOC rules are the \u201chidden piece\u201d of the legislation that \u201ccould really stifle the uptake of and use of the tax credits.\u201d The \u201cclearer definitions\u201d in the Senate version are at least easier to deal with than the strict and vague FEOC rules in the House bill. Instead of a total ban on Chinese materials, the Senate FEOC rules would phase-in supply-chain restrictions, allowing developers to reduce their China-sourced materials each year on a set schedule. As Graham said, the goal is always to use U.S. materials, but there isn\u2019t enough domestic manufacturing yet, and even when there is, they will still have to source a lot of materials from China and elsewhere. \u201cWe want to use as much domestic content as possible. There just isn\u2019t enough today to be able to get done what needs to get done,\u201d Graham said. This story was originally featured on Fortune.com"", ""ComEd Launches Expansion of Elk Grove Substation to Enhance Reliability, Support Evolving Business Needs ComEd $1 billion transmission expansion to bring enhanced reliability and power data centers moving to the region CHICAGO, June 27, 2025--(BUSINESS WIRE)--ComEd today joined business and community leaders to break ground on a significant expansion of an electrical substation located in Elk Grove Village. The expansion of this substation is part of an 11 project, $1 billion capital investment, that will support economic growth, increased transmission capacity and bring enhanced reliability to serve existing customers and data centers in the growing northwest suburban business corridor and greater Western O\u2019Hare region of Illinois. The impacted data centers represent nearly 1.9 GW of energy growth in the area. \""This project is part of a broader effort by ComEd to ensure northern Illinois has a robust portfolio of energy infrastructure, fully capable of supporting the growth of businesses and meeting the evolving needs of our customers,\"" said Gil Quiniones, President and CEO of ComEd. \""With best-in-class reliability, the ComEd grid will continue to play a pivotal role in achieving economic development goals for both the region and the state.\"" The project is the continuation of more than $1 billion in planned projects by ComEd to enhance its transmission infrastructure in this area over the next few years as it prepares to meet evolving power demands of its customers, including the recent increase in large commercial projects. \""Today\u2019s groundbreaking marks a significant milestone in the expansion of ComEd\u2019s existing substation in our community,\"" said Elk Grove Village Mayor Craig B. Johnson. \""It\u2019s a powerful next step towards strengthening our infrastructure and supporting the ever-growing energy needs of our large power users. This investment ensures we\u2019re not just keeping pace with demand, but hopefully laying the foundation for a stronger, more resilient future. It reflects our commitment to economic development, innovation and to the businesses that choose to call Elk Grove Village home.\"" ComEd began construction on the existing Elk Grove transmission substation in 2019 to help ensure transmission capacity for the area, which has seen strong growth in recent years tied to data centers and other high density load projects. Access to power is increasingly important for customers in their decision on where to locate their operations. ComEd is focused on investments needed to serve evolving demand for power, all while upholding its industry leading reliability and resiliency. In 2024, ComEd secured approval on a multiyear grid plan that will support continued advancements in critical power delivery infrastructure. \""Infrastructure is one of Chicagoland\u2019s greatest competitive advantages\u2014and today\u2019s announcement by ComEd is a powerful example of how forward-looking investment supports forward-moving growth,\"" said Kyle Schulz, Chief Growth Officer, World Business Chicago. \""From data centers to advanced manufacturing, companies choose the Chicagoland region because of its unmatched access to power, talent, and connectivity. This investment doesn\u2019t just strengthen the grid\u2014it reinforces the region\u2019s position as a national leader in innovation, resilience, and economic opportunity.\"" Engineering and design for this $155 million project began in 2024 and construction is currently underway. The construction is being completed by a diverse, local firm, Ruiz Construction Systems. \""The expansion of this facility underscores ComEd\u2019s enduring commitment to strengthening northern Illinois\u2019 energy infrastructure. Ruiz Construction Systems was proud to support the successful construction of this substation in 2019, and we are honored one again to contribute to the growth and advancement of this critical asset,\"" said Brayant Ruiz, VP of Administration at Ruiz Construction Systems. \""This development reflects the region\u2019s continued growth and ComEd\u2019s dedication to meeting the evolving energy needs of the communities it serves. Each project reinforces a culture of innovation and forward progress. For nearly two decades, Ruiz has been privileged to support ComEd\u2019s mission to build, enhance and adapt the region\u2019s energy systems. We remain committed to these efforts, to our partnership with ComEd and to advancing electrical innovation across Illinois.\"" At the conclusion of this upgrade, the expanded substation will have new gas insulated switchgear (GIS) equipment and 345-138kW transformers to support the necessary expansion and grid hardening of the bulk transmission electrical system for the region. This upgrade to more compact and efficient equipment will boost the capacity of the substation while minimizing land expansion. Construction surrounding this specific expansion is now underway, and the project is expected to be completed by December 2026, enabling the successful growth of future projects in the area. ComEd\u2019s investments in modernizing the grid have led to record-breaking advancements in reliability and are helping bring more businesses to the region every year. Last year alone, ComEd helped bring 15 new commercial projects to northern Illinois, with these facilities set to add nearly 1,400 jobs and more than $17 billion in local capital investment from those new businesses. ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation\u2019s largest utility companies, serving more than 10.7 million electricity and natural gas customers. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state\u2019s population. For more information, visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20250627782560/en/ Contacts ComEd Media Relations 312-394-3500"", ""Exelon to Announce Second Quarter Results on July 31 CHICAGO, June 27, 2025--(BUSINESS WIRE)--Exelon (Nasdaq: EXC) will hold its second quarter 2025 earnings conference call at 9:00 a.m. CT / 10:00 a.m. ET on Thursday, July 31, 2025. The conference call will be led by Exelon President and CEO, Calvin Butler, and Exelon Executive Vice President and CFO, Jeanne Jones. To listen to or view the upcoming earnings presentation, please access the live listen-only webcast here. The audio webcast link will also be available on the Investor Relations page and will be archived and available for replay. About Exelon Exelon (Nasdaq: EXC) is a Fortune 200 company and one of the nation\u2019s largest utility companies, serving more than 10.7 million customers through six fully regulated transmission and distribution utilities \u2014 Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco. Exelon\u2019s 20,000 employees dedicate their time and expertise to supporting our communities through reliable, affordable and efficient energy delivery, workforce development, equity, economic development and volunteerism. Follow @Exelon on X and LinkedIn. View source version on businesswire.com: https://www.businesswire.com/news/home/20250627636940/en/ Contacts James Gherardi 312-394-7417 Media Hotline James.Gherardi@exeloncorp.com""]"
EXC,2025-06-30,42.69,43.46,42.665,43.42,
EXC,2025-07-01,43.9,44.05,43.235,43.421,
EXC,2025-07-02,43.15,43.32,42.54,42.92,
EXC,2025-07-03,42.995,43.33,42.89,43.13,"An Intrinsic Calculation For Exelon Corporation (NASDAQ:EXC) Suggests It's 43% Undervalued Using the 2 Stage Free Cash Flow to Equity, Exelon fair value estimate is US$75.56 Exelon is estimated to be 43% undervalued based on current share price of US$42.92 Our fair value estimate is 60% higher than Exelon's analyst price target of US$47.17 How far off is Exelon Corporation (NASDAQ:EXC) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by projecting its future cash flows and then discounting them to today's value. This will be done using the Discounted Cash Flow (DCF) model. Believe it or not, it's not too difficult to follow, as you'll see from our example! We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model. Trump has pledged to ""unleash"" American oil and gas and these 15 US stocks have developments that are poised to benefit. We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we discount the value of these future cash flows to their estimated value in today's dollars: (""Est"" = FCF growth rate estimated by Simply Wall St) Present Value of 10-year Cash Flow (PVCF) = US$16b We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 2.9%. We discount the terminal cash flows to today's value at a cost of equity of 6.6%. Terminal Value (TV)= FCF2035 × (1 + g) ÷ (r – g) = US$4.1b× (1 + 2.9%) ÷ (6.6%– 2.9%) = US$115b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= US$115b÷ ( 1 + 6.6%)10= US$61b The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is US$76b. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Relative to the current share price of US$42.9, the company appears quite good value at a 43% discount to where the stock price trades currently. Remember though, that this is just an approximate valuation, and like any complex formula - garbage in, garbage out. The calculation above is very dependent on two assumptions. The first is the discount rate and the other is the cash flows. If you don't agree with these result, have a go at the calculation yourself and play with the assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Exelon as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.6%, which is based on a levered beta of 0.848. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. See our latest analysis for Exelon Strength Earnings growth over the past year exceeded the industry. Weakness Interest payments on debt are not well covered. Dividend is low compared to the top 25% of dividend payers in the Electric Utilities market. Opportunity Annual earnings are forecast to grow for the next 3 years. Good value based on P/E ratio and estimated fair value. Threat Debt is not well covered by operating cash flow. Paying a dividend but company has no free cash flows. Annual earnings are forecast to grow slower than the American market. Although the valuation of a company is important, it ideally won't be the sole piece of analysis you scrutinize for a company. It's not possible to obtain a foolproof valuation with a DCF model. Rather it should be seen as a guide to ""what assumptions need to be true for this stock to be under/overvalued?"" For example, changes in the company's cost of equity or the risk free rate can significantly impact the valuation. Can we work out why the company is trading at a discount to intrinsic value? For Exelon, there are three relevant items you should assess: PS. Simply Wall St updates its DCF calculation for every American stock every day, so if you want to find the intrinsic value of any other stock just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned."
EXC,2025-07-07,43.175,43.23,42.92,43.17,"[""Are You a Value Investor? This 1 Stock Could Be the Perfect Pick For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks. Chicago, IL-based Exelon Corporation completed the previously announced separation of the power generation and competitive energy business, namely Constellation Energy Corp., into a separate entity, which will trade under the symbol \u201cCEG\u201d. Exelon retained the transmission and distribution utility business, which will continue to be called Exelon and trade under the symbol \u201cEXC\u201d. The separation was completed on Feb 1, 2022. EXC is a Zacks Rank #3 (Hold) stock, with a Value Style Score of B and VGM Score of B. Shares are currently trading at a forward P/E of 16X for the current fiscal year compared to the Utility - Electric Power industry's P/E 18.1X. Additionally, EXC has a PEG Ratio of 2.5 and a Price/Cash Flow ratio of 7.1X. Value investors should also note EXC's Price/Sales ratio of 1.8X. Value investors don't just pay attention to a company's valuation ratios; positive earnings play a crucial role, too. Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.03 to $2.7. EXC has an average earnings surprise of 10.1%. EXC should be on investors' short list because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""Do Options Traders Know Something About Exelon Stock We Don't? Investors in Exelon Corporation EXC need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 18, 2025 $38 Call had some of the highest implied volatility of all equity options today. Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. Clearly, options traders are pricing in a big move for Exelon shares, but what is the fundamental picture for the company? Currently, Exelon is a Zacks Rank #3 (Hold) in the Utility - Electric Power industry that ranks in the Top 33% of our Zacks Industry Rank. Over the last 60 days, the Zacks Consensus Estimate for the current quarter has moved from 50 cents per share to 54 cents in that period. Given the way analysts feel about Exelon right now, this huge implied volatility could mean there\u2019s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. Click to see the trades now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research""]"
EXC,2025-07-08,42.85,43.14,42.495,43.0,
EXC,2025-07-09,43.0,43.26,42.82,43.14,"[""ComEd, Metropolitan Mayors Caucus Open Applications for Fifth Annual Powering the Holidays Grant Program Northern Illinois Communities Encouraged to Apply for Grants of up to $2,500 to Support Holiday Light Displays CHICAGO, July 08, 2025--(BUSINESS WIRE)--As the summer sun heats up northern Illinois communities, ComEd and the Metropolitan Mayors Caucus are already preparing for the sparkle of winter holidays, welcoming communities to apply for the fifth annual Powering the Holidays Grant Program. Applications are open now through August 29. A total of $60,000 is available this year to launch and enrich local holiday events by funding light displays and festive decorations. In total, the ComEd Powering the Holidays Program has awarded nearly $170,000 to 70 unique holiday projects that celebrate diverse cultures and traditions while fostering a sense of togetherness in our communities. For more information\u2014including the application and qualifying components\u2014visit the ComEd Powering the Holidays Program website. \""ComEd is proud to again collaborate with the Metropolitan Mayors Caucus to brighten communities through our Powering the Holidays Program,\"" said Melissa Washington, Senior Vice President of Customer Operations and Strategic Initiatives at ComEd. \""By helping communities celebrate their cultures and traditions, we\u2019re fostering connection, inclusion and joy across northern Illinois.\"" Municipalities, townships, counties and local government units within the ComEd service territory are eligible to apply, as well as nonprofit organizations that are partnered with at least one municipality or government institution. Grant recipients must match at least 20 percent of the funds received to support a holiday event held between Nov. 1, 2025, and Feb. 13, 2026. Applications will be reviewed by an external panel of judges, with final awardees expected to be announced in October. \""The ComEd Powering the Holidays Program supports Illinois communities by expanding current holiday celebrations and establishing new traditions that foster unity and inclusivity,\"" said Neil James, Executive Director of the Metropolitan Mayors Caucus. \""On behalf of the Metropolitan Mayors Caucus, we are grateful to partner with ComEd to offer this wonderful grant opportunity to communities.\"" Last year, the Powering the Holidays program distributed nearly $60,000 across 24 holiday projects in different communities throughout northern Illinois. In the village of Westchester, a Powering the Holidays grant helped enrich their Winter Wonderland Walk event. This annual event turns a local park into an interactive nighttime wonderland, featuring expanded light displays, a live DJ spinning holiday favorites, and seasonal treats for families and individuals after a stroll through an illuminated forest. \""Even in chilly December, our community stayed warm under the immense glow of thousands of incredible holiday lights\u2014made possible thanks to the support of ComEd\u2019s Powering the Holidays grant,\"" said Greg Hribal, Village President, Westchester, Illinois. \""In partnership with the Westchester Park District, we transformed our local park into a festive winter wonderland where neighbors shared joy, hot chocolate and great memories. It was a true collaboration that lit up more than just the trees\u2014it brought our whole community together.\"" For the city of Yorkville, their annual Tour of Lights celebration was enhanced through a Powering the Holidays grant that helped expand light displays and festive performances throughout the entire city, creating more free opportunities for residents to enjoy and connect. The additional lights received through the Powering the Holidays Program will be reused for years to come, turning numerous locations in Yorkville into hubs of festivity from November through the New Year. \""The United City of Yorkville is honored to be one of the few municipalities to receive the Powering the Holidays grant from ComEd through the Metropolitan Mayors Caucus in 2024,\"" said United City of Yorkville Mayor John Purcell. \""This generous support allowed us to bring exciting enhancements and additions, including the inaugural and highly successful Deck the Trees Holiday Walk, to the 2024 Holiday Season. This support created cherished memories and new traditions for families and friends within the Yorkville community.\"" Powering the Holidays is a gleaming example of ComEd\u2019s dedication to supporting holiday light events, complementing annual sponsorship of seasonal events at Lincoln Park Zoo, Brookfield Zoo Chicago, The Morton Arboretum, and Chicago Botanic Garden. For more information about Powering the Holidays, visit the Metropolitan Mayors Caucus website. ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation\u2019s largest utility companies, serving more than 10.7 million electricity and natural gas customers. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state\u2019s population. For more information, visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20250708226351/en/ Contacts ComEd Media Relations 312-394-3500"", ""Why Exelon (EXC) is a Great Dividend Stock Right Now Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Exelon (EXC) is headquartered in Chicago, and is in the Utilities sector. The stock has seen a price change of 14.24% since the start of the year. The energy company is paying out a dividend of $0.40 per share at the moment, with a dividend yield of 3.72% compared to the Utility - Electric Power industry's yield of 3.3% and the S&P 500's yield of 1.53%. Looking at dividend growth, the company's current annualized dividend of $1.60 is up 5.3% from last year. Over the last 5 years, Exelon has increased its dividend 3 times on a year-over-year basis for an average annual increase of 0.70%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Exelon's current payout ratio is 58%, meaning it paid out 58% of its trailing 12-month EPS as dividend. Earnings growth looks solid for EXC for this fiscal year. The Zacks Consensus Estimate for 2025 is $2.70 per share, which represents a year-over-year growth rate of 8.00%. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. It's important to keep in mind that not all companies provide a quarterly payout. For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, EXC is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research""]"
EXC,2025-07-10,43.015,43.679,42.86,43.63,"Exelon Announces Executive Leadership Appointments in Governmental, External and Regulatory Affairs Region-focused leadership will strengthen efforts to serve customers CHICAGO, July 10, 2025--(BUSINESS WIRE)--Exelon (Nasdaq: EXC) today announced two leadership appointments within its Governmental, Regulatory and External Affairs (GREA) organization that strengthens ongoing efforts to respond to the needs of local customers and communities across its Delaware, Maryland, New Jersey and Washington, D.C. service areas. The company also announced the retirement of a company veteran. Jaclyn Cantler, previously vice president of Electric Operations for Pepco Holdings, has been named senior vice president, GREA for Delaware and New Jersey, underscoring Exelon’s strategic investment in these regions. In her new capacity, Cantler will lead all regulatory, legislative and strategic initiatives for Delmarva Power in Delaware and Atlantic City Electric in New Jersey. She will report to Tyler Anthony, president and CEO of Pepco Holdings. Valencia McClure, previously vice president of GREA and Pepco region president, has been promoted to senior vice president, GREA, overseeing all regulatory, legislative and strategic initiatives for Exelon’s local energy companies in Maryland and the District of Columbia, including BGE, Delmarva Power Maryland and Pepco. She will report to Colette Honorable, executive vice president of Public Policy and chief legal officer for Exelon, working closely with the leadership of the local energy companies. Alexander Núñez, currently senior vice president of GREA for BGE, has announced his retirement at the end of August, following 24 years of service. ""These appointments reflect our commitment across Exelon to operate in the way that brings the most value to our customers,"" said Honorable. ""The policy landscape is changing at all levels, and we must continue to lead. We’re fortunate to have an extremely skilled leadership team at Exelon, and we’re excited to be able to promote from within for these two key roles. Jaclyn and Valencia bring the right combination of critical expertise and passion for our customers to help strengthen our combined advocacy efforts across the company."" ""By bringing our Maryland regulatory and legislative teams together, we can look forward to a streamlined and more nimble organization,"" said Tamla Olivier, president and CEO of BGE. ""Valencia’s deep experience in the industry and in partnering with District of Columbia and Maryland communities will ensure we’re representing our customers’ best interests. We also thank Alex for his dedication to our employees and customers alike and for helping build many of the Maryland partnerships that allow us to serve our communities in the state."" ""Valencia and Jaclyn are both motivational and collaborative leaders who are connected to the needs of the customers and communities we serve across Maryland, D.C., Delaware and New Jersey,"" said Anthony. ""Their expertise and customer focus will help our local energy companies continue to make strides providing the reliable, affordable service our customers expect."" Cantler has been with the company for 23 years, with leadership roles across Pepco Holdings’ electric operations. She is a Licensed Professional Engineer in the state of Delaware, a Leadership Delaware Fellow and serves on the board of the Boys and Girls Club of Delaware and the Metro DC Hispanic Contractor’s Community Foundation board. Cantler is the executive sponsor of the Pepco Holdings’ chapter of ENABLED (Exelon Network for Awareness Benefiting Leaders & Employees About Disabilities). McClure brings 15 years of experience at Exelon, including prior roles at BGE and Pepco, and is active in several community organizations, including serving on the boards of the Washington DC Economic Development Partnership, University of Maryland School of Medicine, the Girl Scouts of Central Maryland and Bowie University. She is a graduate of Leadership Maryland and is the executive sponsor of Pepco Holdings’ Network Empowering Women (NEW) employee resource group. Exelon (Nasdaq: EXC) is a Fortune 200 company and one of the nation’s largest utility companies, serving more than 10.7 million customers through six fully regulated transmission and distribution utilities — Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco. Exelon’s 20,000 employees dedicate their time and expertise to supporting our communities through reliable, affordable and efficient energy delivery, workforce development, equity, economic development and volunteerism. Follow @Exelon on LinkedIn. View source version on businesswire.com: https://www.businesswire.com/news/home/20250710537776/en/ Contacts James Gherardi Corporate Communications 312-394-7417 James.Gherardi@exeloncorp.com"
EXC,2025-07-11,43.4,43.76,43.4,43.51,"UBS Adjusts Price Target on Exelon to $48 From $47, Maintains Neutral Rating Exelon (EXC) has an average rating of hold and mean price target of $47.80, according to analysts po"
EXC,2025-07-14,43.49,43.8,43.07,43.43,
EXC,2025-07-15,43.35,43.36,42.745,42.95,
EXC,2025-07-16,42.95,43.04,42.47,42.85,"[""ComEd Unveils New Power Infrastructure Upgrades at Itasca Substation Significant upgrades to transmission systems will boost reliability, support economic growth for the region ITASCA, Ill., July 15, 2025--(BUSINESS WIRE)--ComEd today joined business and community leaders from Itasca and the surrounding area for a ribbon cutting event to mark the completion of a critical infrastructure investment at the transmission substation located in Itasca. These investments continue to support economic growth, prepare the region for future power needs, and increase reliability and resiliency of the local transmission system. \""ComEd has one of the most reliable grids in the nation, and that is a direct result of investments like the one we are celebrating today,\"" said Gil Quiniones, President & CEO of ComEd. \""At a critical a time when severe weather and electrification are on the rise, we are strengthening the region\u2019s energy infrastructure to support the growing needs of our communities and the companies who do business in northern Illinois.\"" The projects in Itasca are part of a series of transmission upgrades that ComEd is performing in the region. Over $1 billion in investments is planned for the energy needs and electricity capacity growth for homes and businesses in the Western O\u2019Hare region of Illinois. \""At Choose DuPage, we work to position DuPage County and Chicagoland as a premier global business location \u2013 attracting companies to invest and grow in our region. Having reliable electric infrastructure is a critical component in our ability to do this,\"" said Greg Bedalov, President & CEO, Choose DuPage. \""As we draw nearer to the completion of the Western Access O\u2019Hare project, we\u2019re seeing more opportunity in this area and these upgrades will help us meet that demand, while positioning the region for success in the future.\"" This substation project in Itasca was launched in 2022 and boosts the capacity and resiliency of the bulk 345kV transmission system, a high voltage network that moves power from generation locations to areas of the region where power needs are most concentrated, serving commercial and residential customers alike. The project also delivers hardening measures critical to ensuring the grid remains secure and flexible to withstand increased demand due to more frequent and severe weather events, as well as the growth of businesses, electrification and renewable energy. \""This project took a lot of effort and teamwork to get done,\"" said Mayor Jeff Pruyn, Village of Itasca. \""Because of that work, our region\u2019s power system is stronger and more reliable, helping keep homes, schools, and businesses running without interruption.\"" Capital upgrades include expansion of high voltage lines, new large power transformers and new gas insulated switchgear technology. ComEd worked closely with the Village of Itasca to develop the project in a way that maximizes security of the site, while minimizing visibility of infrastructure from Prospect Avenue and residential neighborhoods to the west and IL-390. \""Reliable power infrastructure is essential to keeping our region competitive and prepared for future growth. The $96 million in upgrades to the Itasca substation will strengthen our electric grid while creating jobs and supporting local business across the area,\"" said Illinois State Representative Jennifer Sanalitro. \""Thank you to ComEd and their partners on this project for their commitment to enhancing grid reliability for Illinois residents and businesses.\"" Construction on the $96 million project first kicked off in 2022, and was led by local, certified DBE construction firm, Ruiz Construction Systems. \""Today\u2019s ribbon-cutting ceremony marks a major milestone in ComEd\u2019s continued commitment to modernizing and strengthening the region\u2019s electrical infrastructure. Ruiz Construction Systems is proud to have contributed to the successful completion of the TSS101 Substation and is honored to support ComEd\u2019s forward-looking vision for a more resilient energy future. This new facility stands as a testament to the shared commitment between ComEd and the Village of Itasca to invest in infrastructure that supports growth, innovation, and long-term economic development. It represents the kind of progress that ensures our communities are equipped to meet the demands of tomorrow. Ruiz Construction Systems is thrilled to support ComEd\u2019s mission to enhance and future-proof Illinois\u2019 energy infrastructure. As our region\u2019s energy needs continue to evolve, we remain dedicated to delivering innovative solutions that foster progress, drive economic growth, and ensure a resilient future for all. Together, we are not just building infrastructure, we are laying the foundation for what comes next.\"" ComEd\u2019s investments in modernizing the grid have led to record-breaking advancements in reliability and are helping bring more businesses to the region every year. Last year alone, ComEd helped bring 15 new commercial projects to northern Illinois, with these facilities set to add nearly 1,400 jobs and more than $17 billion in local capital investment from those new businesses. About ComEd ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation\u2019s largest utility companies, serving more than 10.7 million electricity and natural gas customers. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state's population. For more information visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X, and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20250715538649/en/ Contacts ComEd Media Relations 312-394-3500"", ""KeyBanc Adjusts Price Target on Exelon to $37 From $39, Maintains Underweight Rating Exelon (EXC) has an average rating of hold and mean price target of $47.57, according to analysts po""]"
EXC,2025-07-17,42.7,43.225,42.7,42.95,
EXC,2025-07-18,43.005,43.55,42.89,43.4,"[""Exelon Corporation (NASDAQ:EXC) is favoured by institutional owners who hold 85% of the company Institutions' substantial holdings in Exelon implies that they have significant influence over the company's share price The top 15 shareholders own 50% of the company Using data from analyst forecasts alongside ownership research, one can better assess the future performance of a company Trump has pledged to \""unleash\"" American oil and gas and these 15 US stocks have developments that are poised to benefit. If you want to know who really controls Exelon Corporation (NASDAQ:EXC), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are institutions with 85% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. Hence, having a considerable amount of institutional money invested in a company is often regarded as a desirable trait. Let's delve deeper into each type of owner of Exelon, beginning with the chart below. View our latest analysis for Exelon Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. As you can see, institutional investors have a fair amount of stake in Exelon. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Exelon, (below). Of course, keep in mind that there are other factors to consider, too. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Hedge funds don't have many shares in Exelon. Our data shows that The Vanguard Group, Inc. is the largest shareholder with 13% of shares outstanding. With 11% and 6.1% of the shares outstanding respectively, BlackRock, Inc. and State Street Global Advisors, Inc. are the second and third largest shareholders. After doing some more digging, we found that the top 15 have the combined ownership of 50% in the company, suggesting that no single shareholder has significant control over the company. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our most recent data indicates that insiders own less than 1% of Exelon Corporation. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Though their holding amounts to less than 1%, we can see that board members collectively own US$24m worth of shares (at current prices). It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling. The general public-- including retail investors -- own 15% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. It's always worth thinking about the different groups who own shares in a company. But to understand Exelon better, we need to consider many other factors. Like risks, for instance. Every company has them, and we've spotted 2 warning signs for Exelon (of which 1 doesn't sit too well with us!) you should know about. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned."", ""Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. Different than value or growth investors, momentum-oriented investors live by the saying \""the trend is your friend.\"" This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks. Baltimore, MD-based Constellation Energy Corporation separated from Exelon Corporation on Feb. 1, 2022. The company provides electric power, natural gas and energy management services to 2 million customers across the continental United States. CEG is a Zacks Rank #3 (Hold) stock, with a Momentum Style Score of A and VGM Score of B. Shares are down 1.8% over the past one week and up 0.5% over the past four weeks. CEG has gained 64.5% in the last one-year period as well. Looking at trading volume, an average of 2,253,048 shares exchanged hands over the last 20 trading days. A company's earnings performance is important for momentum investors as well. For fiscal 2025, one analyst revised their earnings estimate higher in the last 60 days for CEG, while the Zacks Consensus Estimate has increased $0 to $9.45 per share. CEG also boasts an average earnings surprise of 7.4%. Investors should take the time to consider CEG for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Constellation Energy Corporation (CEG) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research""]"
EXC,2025-07-21,43.4,43.96,43.34,43.73,"Biggest US Power Sale to Offer Glimpse of AI’s Cost to Consumers (Bloomberg) -- The biggest and most closely watched US power auction is set to offer an early glimpse of what the AI boom will cost consumers. Most Read from Bloomberg Why the Federal Reserve’s Building Renovation Costs $2.5 Billion Milan Corruption Probe Casts Shadow Over Property Boom How San Jose’s Mayor Is Working to Build an AI Capital PJM Interconnection LLC, which operates the largest US grid and is home to the biggest concentration of data centers in the world, is scheduled to release the results of its annual power sale Tuesday. The auction, which determines how much generators will get paid for generating capacity at new and existing power plants, is also an indicator of how high consumer utility bills will be. Last year PJM procured supplies for a record $14.7 billion, and this year similar costs per megawatt could result in total payouts of $13 billion to $16 billion. The soaring price tag is due to booming demand from data centers, according to recent analysis from the grid operator’s independent market monitor. That’s raising concerns that consumers — not technology companies — would bear the brunt. READ: AI Needs So Much Energy It’s Distorting US Power for Millions The explosive energy consumption of AI data centers is “leading to massive transfer of wealth from essentially existing customers and residential customers,”said Maryland People’s Counsel David Lapp, the state advocate for residential utility consumers. Americans across the country are already grappling with climbing utility bills as aging infrastructure and more extreme weather raise operational costs and energy demand — and PJM is becoming a test case for AI’s voracious energy needs. At the same time, the Trump Administration’s recent rollback of renewable tax incentives means much of the massive queue of power projects waiting to get built will get a lot more expensive, compounding the hit to consumers. Last year’s auction, which saw costs rise about 600%, created a political firestorm that ultimately led PJM and the governor of Pennsylvania to agree to set both a price floor and cap for the first time in the auction. This year’s results could similarly “put policy makers’ feet to the fire,” said Barclays Plc analyst Nicholas Campanella. PJM declined to comment. The cost of supply last year rose to about $270 per megawatt a day while Baltimore cleared more than 70% higher and Virginia, home to the biggest concentration of data centers in the world, was close behind. Maryland saw the highest capacity costs in the last auction, with Exelon Corp.’s Baltimore Gas & Electric utility tacking on $16-$20 to consumers’ monthly bills. However, the utility reached an agreement with regulators to pass through those costs in the spring and fall months to avoid adding to to already high summer bills. Both Maryland and Virginia should see capacity costs decrease under the cap. Yet matching or exceeding last year’s prices would be a boon for independent power producers like Talen Energy Corp., Constellation Energy Corp., Vistra Corp. and, especially, NRG Energy Inc. after its $12 billion deal to buy power plants in PJM territory. Altogether, these companies have agreed to spend more than $34 billion to buy gas generators to supply data centers. Lower auction prices, meanwhile, would likely trigger a selloff in these publicly-traded generators while utilities with discounted valuations like Exelon, PPL Corp. and FirstEnergy Corp., could see their stocks rise, Campanella said. The new price floor and cap will leave room for costs to rise across the grid while ensuring there are no extreme breakout zones. The difference between the floor and the cap is just about 1.5 gigawatts, said Mac McFarland, chief executive officer of Talen, which just agreed to buy two of the most efficient gas plants in PJM last week for $3.8 billion to serve AI demand. Looking ahead for years, “we are constructive” about capacity prices, he said on a July 17 call discussing the deal. PJM said that the projected peak demand on its system plus required reserves will require an additional 146.1 gigawatts. However, if some of that demand is satisfied by direct contracting with the retail power providers, PJM may only need 134.5 gigawatts, it said. That means the auction will at minimum cost $8.7 billion. (A gigawatt is typically enough to power 800 homes in PJM.) These capacity auctions are typically held three years in advance to give new power plants, especially those running on natural gas, time to be constructed. This year’s is two years behind schedule and only projects already under construction are likely get built in the next 11 months. With PJM’s projections showing demand growth ramping up significantly in 2028 and beyond, supplies may start to get strained. “If the new build doesn’t show up and demand continues to uptick, you could see prices go even higher,” Campanella said. Most Read from Bloomberg Businessweek A Rebel Army Is Building a Rare-Earth Empire on China’s Border Elon Musk’s Empire Is Creaking Under the Strain of Elon Musk Thailand’s Changing Cannabis Rules Leave Farmers in a Tough Spot How Starbucks’ CEO Plans to Tame the Rush-Hour Free-for-All What the Tough Job Market for New College Grads Says About the Economy ©2025 Bloomberg L.P."
EXC,2025-07-22,43.91,44.74,43.82,44.45,"Those who invested in Exelon (NASDAQ:EXC) a year ago are up 25% These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But you can significantly boost your returns by picking above-average stocks. For example, the Exelon Corporation (NASDAQ:EXC) share price is up 21% in the last 1 year, clearly besting the market return of around 14% (not including dividends). If it can keep that out-performance up over the long term, investors will do very well! Zooming out, the stock is actually down 1.6% in the last three years. So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. During the last year Exelon grew its earnings per share (EPS) by 16%. This EPS growth is significantly lower than the 21% increase in the share price. So it's fair to assume the market has a higher opinion of the business than it a year ago. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). We know that Exelon has improved its bottom line lately, but is it going to grow revenue? Check if analysts think Exelon will grow revenue in the future. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Exelon's TSR for the last 1 year was 25%, which exceeds the share price return mentioned earlier. And there's no prize for guessing that the dividend payments largely explain the divergence! It's nice to see that Exelon shareholders have received a total shareholder return of 25% over the last year. That's including the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 14% per year), it would seem that the stock's performance has improved in recent times. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Take risks, for example - Exelon has 2 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned."
EXC,2025-07-23,44.64,44.64,43.45,43.49,"[""AI Boom Leads to Record US Grid Costs, Call for New Plants (Bloomberg) -- Businesses and households served by the largest US power grid will spend a record $16.1 billion to ensure electricity supplies amid a massive artificial intelligence-driven demand surge. Most Read from Bloomberg Trump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in US Why the Federal Reserve\u2019s Building Renovation Costs $2.5 Billion Salt Lake City Turns Winter Olympic Bid Into Statewide Bond Boom Milan Corruption Probe Casts Shadow Over Property Boom The High Costs of Trump\u2019s \u2018Big Beautiful\u2019 New Car Loan Deduction The payments to generators and other suppliers were set Tuesday at a power auction run by PJM Interconnection LLC, which operates the grid stretching from the Midwest to the mid-Atlantic. It raised the daily capacity price to $329.17 per megawatt from $269.92. Shares of several power companies jumped on the news. The price increase prompted calls from utilities and energy groups to build more generation. The AI boom is spurring the biggest surge in power demand in decades, leading to soaring utility bills and disagreement over which resources are best equipped to satisfy those needs. PJM\u2019s power auctions \u2014 once only tracked by electricity traders and plant owners \u2014 have become closely watched by politicians and consumer advocates. While the power industry is coalescing around new plants as a way to alleviate a potential shortfall, such efforts would also risk adding to household costs at a time when politicians are sensitive about energy inflation. \u201cIt literally tells you we are out of generation,\u201d said Sean Kelly, a former power trader and chief executive officer of power forecasting firm Amperon Holdings Inc. \u201cIt\u2019s good for traders, it\u2019s good for asset owners, it is not good for consumers.\u201d The shares of independent power producers Constellation Energy Corp., Talen Energy Corp., NRG Energy Inc. and Vistra Corp. gained in late trading Tuesday after PJM released the auction results. Talen\u2019s shares rose more than 10% in early trading in New York on Wednesday, while the other four were up more than 4%. The results of PJM\u2019s auction \u2014 which secures a year of electricity supplies starting in June 2026 \u2014 may add 1.5% to 5% to consumer electricity bills, according to Executive Vice President Stu Bresler. \u201cCustomers are frustrated by high energy costs and I share their frustration,\u201d Calvin Butler, chief executive officer of utilities owner Exelon Corp., said in an emailed statement. The capacity auction has a compounding impact on customers as rising demand, shrinking supply and aging infrastructure add to costs, Butler said. To address the shortage, Exelon has proposed building power plants instead of only buying supply from others in the capacity auction, and then passing those costs directly to ratepayers. Power generators predicted a jump in revenues as a result of the auction. Constellation said it expected to earn almost $2.2 billion over the year, while Vistra forecast $1.2 billion and Talen sees $805 million. Impact of Data Centers David Lapp, Maryland\u2019s People\u2019s Counsel, pointed to data centers as the culprit behind another record auction: \u201cResidential customers will continue to bear unreasonably high prices to support actual and projected power demands from data centers owned by some of the world\u2019s biggest corporations.\u201d In a statement Tuesday, Lapp said he expects many Maryland residents to see slight bill increases, though some may see small declines. While PJM didn\u2019t specify how much of the projected demand increase was tied to AI, Bresler said in a media briefing Tuesday that \u201cthe majority of the demand increase you saw was large loads and data center additions.\u201d After the auction, PJM\u2019s contracted power mix will include 45% natural gas, 21% nuclear, 22% coal, 4% hydro, 3% wind and 1% solar. And although the grid operator has approved about 46 gigawatts of new power supplies for grid connection \u2014 mainly renewables and batteries \u2014 those haven\u2019t been built because of financing, permitting and supply chain delays. The results of the auction come amid a debate over older fossil-fuel plants that had been expected to retire. The Trump administration has already moved to keep plants afloat, contending that they\u2019re needed for grid reliability, while also phasing out tax credits for renewables. Yet, with those subsidies expiring at a time of record auction prices, solar and wind developers will likely try to build everything they can in the next two years, according to Kelly. \u201cWe are going to see a lot of renewable generation before the end of 2027,\u201d he said. (Updates with share moves in sixth paragraph, revenue estimates in 10th) Most Read from Bloomberg Businessweek Elon Musk\u2019s Empire Is Creaking Under the Strain of Elon Musk Burning Man Is Burning Through Cash A Rebel Army Is Building a Rare-Earth Empire on China\u2019s Border What the Tough Job Market for New College Grads Says About the Economy How Starbucks\u2019 CEO Plans to Tame the Rush-Hour Free-for-All \u00a92025 Bloomberg L.P."", ""Exelon's Q2 2025 Earnings: What to Expect Chicago, Illinois-based Exelon Corporation (EXC) is a utility services holding company. Valued at a market cap of $44.1 billion, the company purchases, distributes, and sells electricity and natural gas to residential, commercial, industrial, governmental, and transportation customers. It is expected to announce its fiscal Q2 earnings for 2025 before the market opens on Thursday, Jul. 31. Ahead of this event, analysts expect this utility company to report a profit of $0.43 per share, down 8.5% from $0.47 per share in the year-ago quarter. The company has topped Wall Street\u2019s earnings estimates in each of the last four quarters. In Q1, EXC\u2019s EPS of $0.92 outpaced the forecasted figure by 8.2%. Array Technologies (ARRY) Just Flashed a Statistically Significant Reversal Signal for Options Traders Crude Oil Price Fall on Concern About Energy Demand Forecasts for Milder US Weather Weigh on Nat-Gas Prices Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For fiscal 2025, analysts expect Exelon to report a profit of $2.69 per share, up 7.6% from $2.50 per share in fiscal 2024. Furthermore, its EPS is expected to grow 4.8% year-over-year to $2.82 in fiscal 2026. EXC has soared 22.6% over the past 52 weeks, outperforming both the S&P 500 Index's ($SPX) 13.4% gain and the Utilities Select Sector SPDR Fund\u2019s (XLU) 20.3% return over the same time frame. Despite delivering better-than-expected results, EXC's shares closed down marginally on May 1, after its Q1 earnings release. The company posted revenue of $6.7 billion, 4% above the consensus estimates and representing an 11.1% increase from the year-ago quarter. Moreover, its adjusted EPS of $0.92 advanced 35.3% from the same period last year, exceeding Wall Street estimates by 8.2%. Looking ahead, Exelon reaffirmed its fiscal 2025 adjusted EPS guidance, projecting it to range between $2.64 and $2.74, and maintained its operating EPS compounded annual growth target of 5% to 7% through 2028. Wall Street analysts are moderately optimistic about EXC\u2019s stock, with an overall \""Moderate Buy\"" rating. Among 18 analysts covering the stock, seven recommend \""Strong Buy,\"" nine indicate \""Hold,\"" and two suggest \""Strong Sell.\u201d The mean price target for EXC is $47.69, indicating a 7.3% premium from the current levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com"", ""ComEd Announces $130,000 in Scholarships to City Colleges Line Worker Training Program ComEd, City Colleges work together to provide local residents training needed to compete for growing energy jobs CHICAGO, July 23, 2025--(BUSINESS WIRE)--Today, ComEd joined the City Colleges of Chicago (CCC) and community leaders to celebrate the latest class of graduates of the Dawson Technical Institute (DTI) Overhead Electrical Line Worker (OELW) program and to announce an investment of up to $130,000 in scholarships available for the program. ComEd and CCC launched the OELW training program at DTI in 2006 to help expand access to specialized training needed to support job seekers pursuing roles in the electrical and utility trades. For 19 years, the OELW program has prepared more area residents for good-paying jobs, graduating more than 550 students, with more than half of those hired into full-time jobs with ComEd. To meet growing demand for skilled line workers, ComEd is increasing its investments in a scholarship fund, providing up to $6,500 per student to help reduce tuition and related expenses, in an effort to help more area residents pursue accelerated training at DTI OELW, Chicago\u2019s only certified line worker training program. The scholarship is offered to graduates of ComEd workforce development training programs to advance their knowledge and skills. \""ComEd is proud to continue building on our longstanding partnership with the City Colleges of Chicago to make training for rewarding careers in our industry even more accessible than before,\"" said David Perez, Executive Vice President and COO at ComEd. \""With jobs in the utility and construction space in high demand, ComEd is committed to working with the City College and other partners in the region to invest in critical training programs to prepare our very own diverse, local talent for these jobs of the future.\"" The OELW advanced certificate program at DTI delivers industry-aligned training for those pursuing roles as overhead electricians or electrical line workers. ComEd created an OELW scholarship fund in 2021 to help remove financial barriers to enrolling in the program, steadily increasing its investment in the program since then. Eligible candidates stand to earn scholarships of $5,500 for the cost of tuition and $1,000 to cover other education expenses. \""Today\u2019s Dawson Tech OELW graduation celebrates the major accomplishments of our students and our incredible partnership with ComEd that continues to create access for more local residents to pursue training for in-demand roles at our state-of-the-art training facility,\"" said Chancellor Juan Salgado, City Colleges of Chicago. \""With more ComEd scholarships now available, together, we\u2019re expanding opportunity and building a stronger, more inclusive pipeline to careers that offer family-sustaining wages and job growth.\"" Since its inception, the OELW class has helped recruit and train local workers for critical roles in the energy sector. More than 70 percent of all past participants are diverse. This year\u2019s class is one of the most diverse so far, with 95 percent being people of color. OELW will continue to play a key role in cultivating a talent pipeline needed to support the fast-growing clean energy sector, which is expected to create as many as 150,000 new jobs in Illinois alone by 2050. Participation in the OELW program can provide job seekers a competitive edge in applying for employment at ComEd, including the role of a line worker, which offers starting hourly wages of nearly $29, as well as employee benefits such as 401k and family wellness programs. Recognized for providing top-quality job training, DTI prepares students through relevant competency-based instruction and a state-of-the-art training facility. A utility pole yard is used to practice safely climbing poles, one of the most challenging requisites to become a line worker, and a fitness center helps students to improve their strength and stamina for the physical demands of electrical trades roles. Students also have access to a wide range of student resources, including tutoring, mental health support, one-on-one advising, and more. Joel Garcia is a 2024 DTI OELW graduate who completed the program with the help of the ComEd OELW scholarship and is now employed full-time with the company. \""Participating in ComEd\u2019s CONSTRUCT Infrastructure Academy training program prepared me with essential trades skills and earned me the DTI OELW scholarship, which helped me relieve the financial stress of pursuing an advanced certificate,\"" said Joel. \""My advanced certificate helped me land my current role as an Overhead Helper at ComEd, a direct pathway to becoming a line worker, my dream job.\"" The OELW program will soon begin recruitment for the 20th year of the program, beginning January 2026, and residents from across the region can learn more about how to apply at Apply.CCC.Edu. To learn more about the ComEd OELW scholarship program and other workforce training programs visit ComEd.com/CleanEnergyJobs. About ComEd ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company serving more than 10.7 million electricity and natural gas customers \u2013 the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state's population. For more information visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X, and YouTube. About City Colleges of Chicago City Colleges of Chicago is the city\u2019s most accessible higher education engine of socioeconomic mobility, empowering all Chicagoans to take part in building a stronger and more just city. Learn more about City Colleges of Chicago at www.ccc.edu or click here. View source version on businesswire.com: https://www.businesswire.com/news/home/20250723842231/en/ Contacts ComEd Media Relations 312-394-3500""]"
EXC,2025-07-24,43.49,43.97,43.37,43.735,"[""Fullmark Energy Appoints Energy Industry Veteran to Chief Financial Officer Delivering Path to Diversified Portfolio Growth The Fullmark Board Adds a Seat with Utility Industry Executive Underscoring Leadership Expertise Appointments Demonstrate Momentum as Company Surpasses Milestones Across Multiple Battery Energy Storage Projects in the U.S. CHICAGO, July 24, 2025 (GLOBE NEWSWIRE) -- Fullmark Energy, a leading independent power producer (IPP) focused exclusively on energy storage, today announced the appointment of a new Chief Financial Officer as well as the addition of a board member. These appointments are intended to send market signals that Fullmark is doubling down on its commitment to power industry customers. The company has been expanding its executive team since its rebrand in May 2025 in service of its vision of expanding energy storage project operational excellence across the U.S. These hires will help Fullmark increase its commitment to pioneering innovative storage solutions that maximize efficiency and return on investment. Bruce Thompson has been appointed chief financial officer (CFO), with over 30 years of experience in risk management, structured transactions, finance and origination. Bruce has focused on energy markets since 1996 and renewable energy since 2007, most recently serving as the CFO of Jupiter Power LLC. He has structured and negotiated over 1 GW of renewable hedge agreements, power purchase agreements and REC sales agreements with Fortune 100 corporate energy consumers, federal agencies, utilities and commodity trading companies. Bruce has also been responsible for securing the future revenues of utility-scale wind and solar projects with Lendlease Energy Development LLC and Pioneer Green Energy, and served at executive levels in the retail and wholesale energy space, responsible for connecting wholesale energy trading businesses to emerging electronic exchanges. Kyle Crowley has been appointed to the Board as a member with over 20 years of experience in the electric and gas utility and power generation industries, and 30 years of M&A experience, leading strategy, large-scale mergers, acquisitions and joint ventures. Most recently, Kyle was the Senior Vice President of Corporate Finance and Development at Exelon (NASDAQ: EXC), where he was responsible for the corporate development, corporate financial planning, treasury and insurance functions. Throughout his time, he led over 50 closed transactions with a total equity value of approximately $40 billion, including the acquisitions of Constellation Energy and Pepco Holdings, Inc., and helped grow Exelon from two to six utilities. \""From the start, my goal for Fullmark has been driving high-quality projects that boost grid resilience and value for all stakeholders, and these strategic appointments will accelerate that path,\u201d said Chris McKissack, President & CEO of Fullmark Energy. \u201dBruce and Kyle have incredible track records of building business value, developing and implementing impactful top and bottom-line strategies. At Fullmark Energy, we see energy storage as the backbone of a balanced transition, and with data-driven leadership, we're scaling smart and high-quality projects.\u201d Fullmark Energy, backed by InfraRed Capital Partners, develops, builds, owns and operates standalone battery energy storage system (BESS) projects across the United States that enhance grid reliability, increase renewable energy integration and create value for all stakeholders. The company currently manages 300 MWh of operating and in-construction projects, with a robust 4 GW development pipeline strategically positioned across multiple U.S. markets. Fullmark's portfolio approach to project development reduces single points of failure through geographic distribution while strengthening revenue profiles through diversified offtake agreements. About Fullmark Energy Fullmark Energy is unlocking the potential of energy storage to accelerate renewables, enhance grid reliability, and benefit communities, financial investors, stakeholders and partners. Founded in 2018, Fullmark Energy develops, builds, owns and operates energy storage projects across the U.S. The company\u2019s holistic asset development and ownership model prioritizes mutually beneficial, long-term relationships with partners and stakeholders to move projects from concept to operations. Fullmark Energy is securely backed by a fund managed by InfraRed Capital Partners, an infrastructure asset manager with $13 billion in equity under management. With a four-gigawatt pipeline and a mix of projects operating and under construction, we are making the promise of energy storage a reality. Learn more about Fullmark Energy\u2019s unique approach to energy storage at www.fullmarkenergy.com. Contacts Nic Savo 203-456-0843 fullmarkenergy@teamsilverline.com"", ""Analysts Estimate Exelon (EXC) to Report a Decline in Earnings: What to Look Out for The market expects Exelon (EXC) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 31. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This energy company is expected to post quarterly earnings of $0.43 per share in its upcoming report, which represents a year-over-year change of -8.5%. Revenues are expected to be $5.83 billion, up 8.7% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.91% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Exelon, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -11.58%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that Exelon will beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Exelon would post earnings of $0.85 per share when it actually produced earnings of $0.92, delivering a surprise of +8.24%. Over the last four quarters, the company has beaten consensus EPS estimates four times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Exelon doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. OGE Energy (OGE), another stock in the Zacks Utility - Electric Power industry, is expected to report earnings per share of $0.55 for the quarter ended June 2025. This estimate points to a year-over-year change of +7.8%. Revenues for the quarter are expected to be $745.49 million, up 12.5% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for OGE Energy has been revised 0.4% down to the current level. Nevertheless, the company now has an Earnings ESP of -1.22%, reflecting a lower Most Accurate Estimate. When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that OGE Energy will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report OGE Energy Corporation (OGE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research""]"
EXC,2025-07-25,43.85,44.025,43.71,43.99,"[""Young Women in Illinois Rev Up to Build, Race Electric Vehicles in ComEd\u2019s EV Rally Teens build high-tech electric go-carts while learning about clean energy and future STEM careers CHICAGO, July 24, 2025--(BUSINESS WIRE)--Forty-five young women are gearing up for ComEd\u2019s third EV Rally, a program designed to educate female students on electric vehicles (EVs), science, technology, engineering and math (STEM) principles and the future of clean energy while connecting with female ComEd mentors. Over four build nights, students work with their mentors to assemble electric go-carts while also learning about STEM principles and participating in STEM challenges. The program reaches top speeds on Saturday, July 26 at noon, when the girls race their completed go-carts at The Fields Commons in Chicago. \""The ComEd EV Rally program is an incredible way for teens to get out of the classroom and experience STEM hands-on supported by likeminded peers and talented mentors,\"" said Cheryl Maletich, Senior Vice President of Transmission and Substation at ComEd. \""Careers in STEM fields are open to all, and we are committed to ensuring the next generation of women have opportunities for successful, rewarding and lucrative careers in STEM spaces. The energy and excitement that surround these future STEM leaders is electric, and we at ComEd are proud to support their continued pursual of STEM education.\"" Female students between the ages of 13 and 18 were eligible to apply for the program. The 45 participating students will each receive a $2,000 scholarship upon program completion. Information on how to attend the race can be found at: ComEd.com/STEM. \""We are always grateful for opportunities to strengthen the STE(A)M (science, technology, engineering, arts and math) community and bring innovative ideas to the forefront of our field, especially in young people,\"" said Dr. Jessica Chavez, Ruth D. and Ken M. Davee Vice President of Education and Chief Learning and Community Partnership Officer at Griffin MSI. \""Our partnership with ComEd and EV Rally is an exciting way to showcase the passion of female students in our community, support the futures of historically underrepresented groups in the STE(A)M workforce, and inspire the inventive genius in everyone.\"" From its early beginnings as the Icebox Derby, this program has impacted its participants far beyond crossing the finish line at the end of Race Day. Many past participants have gone on to pursue other educational and employment opportunities through ComEd and Exelon, its parent company, including scholarship programs, mentorships, workforce development programs, college-level internships and full-time careers. \""I participated in the ComEd Icebox Derby in 2016 as a student, and ComEd has been a key part of my professional growth ever since,\"" said Evan Abraham, Engineering Design Tech at ComEd. \""I began working at ComEd full time in 2023, and I am now lucky enough to volunteer in this year\u2019s EV Rally. The program offered me a unique opportunity to expand my knowledge of STEM outside a classroom setting and gain hands-on experience in an all-girl environment. I was able to create and maintain connections with my mentors from across ComEd, and I\u2019m proud to come full circle in this journey and give back to the talented young women participating in the program this year.\"" ComEd\u2019s dedication to educating the next generation of diverse young women about STEM and zero-emissions vehicles reaches across northern Illinois. This year, over half the participants come from equity investment eligible communities (EIECs), as defined by the Climate and Equitable Jobs Act in Illinois. Continuing to invest in an inclusive workforce is necessary to prepare for the future of energy. Since the start of the Icebox Derby in 2014, 300 young women have participated in this program, receiving over $600,000 in scholarships from ComEd. In addition to EV Rally, ComEd provides other STEM and scholarship programs to empower more students to pursue family-sustaining careers in STEM. Additional STEM and scholarship programs include ComEd\u2019s STEM Labs, Construct Youth Academy, Tools of the Trade and Future of Energy Scholarships. To learn more about ComEd STEM programs, visit ComEd.com/STEM. About ComEd ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation\u2019s largest utility companies, serving more than 10.7 million electricity and natural gas customers. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state's population. For more information visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X, and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20250724894745/en/ Contacts ComEd Media Relations 312-394-3500"", ""Are You Looking for a High-Growth Dividend Stock? Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Exelon (EXC) is headquartered in Chicago, and is in the Utilities sector. The stock has seen a price change of 16.19% since the start of the year. The energy company is paying out a dividend of $0.40 per share at the moment, with a dividend yield of 3.66% compared to the Utility - Electric Power industry's yield of 3.26% and the S&P 500's yield of 1.46%. Looking at dividend growth, the company's current annualized dividend of $1.60 is up 5.3% from last year. Over the last 5 years, Exelon has increased its dividend 3 times on a year-over-year basis for an average annual increase of 0.70%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Exelon's current payout ratio is 58%, meaning it paid out 58% of its trailing 12-month EPS as dividend. Earnings growth looks solid for EXC for this fiscal year. The Zacks Consensus Estimate for 2025 is $2.69 per share, representing a year-over-year earnings growth rate of 7.60%. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. However, not all companies offer a quarterly payout. For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, EXC is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""ComEd CEO Seeks Rules to Prevent AI From Boosting Energy Bills (Bloomberg) -- The head of Chicago\u2019s biggest energy supplier has called for new rules to curb the impact of the artificial intelligence boom on consumers\u2019 electricity bills. Most Read from Bloomberg Trump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in US The High Costs of Trump\u2019s \u2018Big Beautiful\u2019 New Car Loan Deduction Can This Bridge Ease the Troubled US-Canadian Relationship? Salt Lake City Turns Winter Olympic Bid Into Statewide Bond Boom Trump Administration Sues NYC Over Sanctuary City Policy Commonwealth Edison Co. has proposed modifications to tariffs that include higher deposits for data centers, according to Chief Executive Officer Gil Quiniones. He also wants data centers to post collateral in case \u201cloads and revenues do not materialize as planned.\u201d \u201cWhat really needs to happen is to make sure that we\u2019re not shifting costs due to data centers powered by AI to all the other customers,\u201d Quiniones said in the interview Wednesday. Concerns are growing about the impact on ordinary consumers from the massive build-out of AI-related infrastructure. The boom is spurring the largest increase in US electricity demand in decades, but power suppliers struggling to keep pace. Quiniones spoke at the Global Quantum Forum in Chicago, where utility executives including ComEd\u2019s owner, Exelon Corp., and Southern Co. also addressed the issue. Southern\u2019s CEO Chris Womack said Americans will revolt if they end up on the hook for soaring power costs associated with AI. Earlier this week, the operator of the largest US grid offered more evidence of how power prices are being bid higher. The outcome of an electricity auction Tuesday meant businesses and households served by PJM Interconnection LLC will spend a record $16.1 billion to ensure power supplies in the year starting June 2026. The region supplied by PJM includes Chicago. Prices would have been even higher if Pennsylvania Governor Josh Shapiro hadn\u2019t sued to place a cap on increases, Exelon CEO Calvin Butler said during a panel discussion. \u201cWhen you look at the prices that came out yesterday, they\u2019re only going to continue to increase,\u201d Butler said. \u201cPolicy is very important, because we have to get this right. And I wish I could tell you today that we have an answer for the short term.\u201d The growth of quantum computing in Illinois alongside the AI and data centers boom needs to be closely watched, Quiniones also said. While quantum computing is less energy-intensive than AI, Chicago\u2019s quantum and microelectronics park, a project spearheaded by Illinois Governor JB Pritzker, has already attracted more than $1 billion in investment from companies including PsiQuantum Corp., International Business Machines Corp. and Infleqtion. \u201cFor now, we are a state that exports power,\u201d Quiniones said. \u201cWe need to be very, very closely monitoring this, working with PJM and our regulators in the state to make sure that we make appropriate additions in the future, not only in generation capacity, but investment on the transmission system.\u201d Most Read from Bloomberg Businessweek Burning Man Is Burning Through Cash Confessions of a Laptop Farmer: How an American Helped North Korea\u2019s Wild Remote Worker Scheme It\u2019s Not Just Tokyo and Kyoto: Tourists Descend on Rural Japan Elon Musk\u2019s Empire Is Creaking Under the Strain of Elon Musk A Rebel Army Is Building a Rare-Earth Empire on China\u2019s Border \u00a92025 Bloomberg L.P."", ""Exelon to Release Q2 Earnings: What's in Store for the Stock? Exelon Corporation EXC is scheduled to release second-quarter 2025 results on July 31, before market open. The company delivered an earnings surprise of 8.2% in the last reported quarter. Let\u2019s discuss the factors that are likely to be reflected in the upcoming quarterly results. Exelon\u2019s second-quarter earnings are expected to have continued to benefit from its reduction in volumetric risk, as nearly 78% of its distribution revenues are decoupled. The company's rate case efforts might have improved its bottom line in the to-be-reported quarter. New gas and electric rates were implemented in EXC's service areas during the first and prior quarters, which ought to have had a favorable impact on its performance. The bottom line is expected to have benefited from ongoing energy efficiency programs and rising demand from data centers. EXC might have also gained from a large urban footprint in the densely populated regions and its cost-saving initiatives. The Zacks Consensus Estimate for earnings is pegged at 43 cents per share, indicating a year-over-year decrease of 8.5%. The Zacks Consensus Estimate for revenues is pinned at $5.83 billion, implying a year-over-year improvement of 8.7%. Our proven model does not predict an earnings beat for Exelon this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below. Exelon Corporation price-eps-surprise | Exelon Corporation Quote Earnings ESP: The company\u2019s Earnings ESP is -11.58%. You can uncover the best stocks to buy or sell before they\u2019re reported with our Earnings ESP Filter. Zacks Rank: Currently, Exelon carries a Zacks Rank #3. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. Investors may consider the following players from the same industry as these have the right combination of elements to post an earnings beat this reporting cycle. Eversource Energy ES is likely to come up with an earnings beat when it reports second-quarter results on July 31. It has an Earnings ESP of +0.26% and a Zacks Rank #3 at present. ES\u2019 long-term (three to five years) earnings growth rate is 5.66%. The Zacks Consensus Estimate for earnings is pinned at 95 cents per share. IDACORP IDA is likely to come up with an earnings beat when it reports second-quarter results on July 31. It has an Earnings ESP of +2.34% and a Zacks Rank #3 at present. IDA\u2019s long-term earnings growth rate is 8.13%. The Zacks Consensus Estimate for earnings is pinned at $1.71 per share. Xcel Energy XEL is likely to come up with an earnings beat when it reports second-quarter results on July 31. It has an Earnings ESP of +1.76% and a Zacks Rank #3 at present. XEL\u2019s long-term earnings growth rate is 7.79%. The Zacks Consensus Estimate for earnings is pinned at 62 cents per share, which implies a year-over-year increase of 14.8%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Xcel Energy Inc. (XEL) : Free Stock Analysis Report IDACORP, Inc. (IDA) : Free Stock Analysis Report Eversource Energy (ES) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research""]"
EXC,2025-07-28,43.91,43.93,43.25,43.41,"[""Taking A Look At Exelon Corporation's (NASDAQ:EXC) ROE Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). We'll use ROE to examine Exelon Corporation (NASDAQ:EXC), by way of a worked example. ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. The formula for ROE is: Return on Equity = Net Profit (from continuing operations) \u00f7 Shareholders' Equity So, based on the above formula, the ROE for Exelon is: 9.8% = US$2.7b \u00f7 US$28b (Based on the trailing twelve months to March 2025). The 'return' is the income the business earned over the last year. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.10 in profit. Check out our latest analysis for Exelon By comparing a company's ROE with its industry average, we can get a quick measure of how good it is. The limitation of this approach is that some companies are quite different from others, even within the same industry classification. You can see in the graphic below that Exelon has an ROE that is fairly close to the average for the Electric Utilities industry (9.2%). That's neither particularly good, nor bad. Even if the ROE is respectable when compared to the industry, its worth checking if the firm's ROE is being aided by high debt levels. If a company takes on too much debt, it is at higher risk of defaulting on interest payments. You can see the 2 risks we have identified for Exelon by visiting our risks dashboard for free on our platform here. Companies usually need to invest money to grow their profits. That cash can come from issuing shares, retained earnings, or debt. In the first and second cases, the ROE will reflect this use of cash for investment in the business. In the latter case, the use of debt will improve the returns, but will not change the equity. Thus the use of debt can improve ROE, albeit along with extra risk in the case of stormy weather, metaphorically speaking. Exelon does use a high amount of debt to increase returns. It has a debt to equity ratio of 1.75. The combination of a rather low ROE and significant use of debt is not particularly appealing. Debt does bring extra risk, so it's only really worthwhile when a company generates some decent returns from it. Return on equity is useful for comparing the quality of different businesses. In our books, the highest quality companies have high return on equity, despite low debt. If two companies have around the same level of debt to equity, and one has a higher ROE, I'd generally prefer the one with higher ROE. But ROE is just one piece of a bigger puzzle, since high quality businesses often trade on high multiples of earnings. It is important to consider other factors, such as future profit growth -- and how much investment is required going forward. So you might want to check this FREE visualization of analyst forecasts for the company. Of course Exelon may not be the best stock to buy. So you may wish to see this free collection of other companies that have high ROE and low debt. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned."", ""ComEd Announces New Improvements To The Itasca Substation\u2019s Power Infrastructure Exelon Corporation (NASDAQ:EXC) is among the 13 Best Electrical Infrastructure Stocks to Invest In. Exelon Corporation (NASDAQ:EXC)\u2019s ComEd announced the completion of a $96 million upgrade to its Itasca substation on July 15, 2025. An overhead view of a powerful electricity transmission tower with in motion cables. This significant infrastructure investment strives to strengthen northern Illinois\u2019s economy and increase reliability. The project, which was started in 2022, adds huge power transformers and modern gas-insulated switchgear technology to the bulk 345 kV transmission line, increasing its capacity. The upgrade is a component of a larger regional investment of $1 billion that is linked to the Western O\u2019Hare area\u2019s growing power demands. Gil Quiniones, president and CEO of Exelon Corporation (NASDAQ:EXC)\u2019s ComEd, stressed the importance of these modifications in light of growing electrification and extreme weather. Ruiz Construction Systems led the project, which was developed in collaboration with the Village of Itasca to reduce the impact on the neighborhood. Illinois State Rep. Jennifer Sanalitro underlined the grid\u2019s economic relevance, while Choose DuPage CEO Greg Bedalov highlighted its role in attracting firms. ComEd, a division of Exelon Corporation (NASDAQ:EXC), provides services to 4 million customers in northern Illinois. It is ranked eleventh on our list of the Best Electrical Equipment Stocks. While we acknowledge the potential of EXC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None.""]"
EXC,2025-07-29,43.58,44.325,43.33,44.3,
EXC,2025-07-30,44.35,44.665,44.105,44.26,"[""Exelon Corporation Declares Dividend CHICAGO, Ill., July 29, 2025--(BUSINESS WIRE)--The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.40 per share on Exelon\u2019s common stock. The dividend is payable on September 15, 2025, to Exelon\u2019s shareholders of record as of the close of business on August 11, 2025. About Exelon Exelon (Nasdaq: EXC) is a Fortune 200 company and one of the nation\u2019s largest utility companies, serving more than 10.7 million customers through six fully regulated transmission and distribution utilities \u2014 Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). 20,000 Exelon employees dedicate their time and expertise to supporting our communities through reliable, affordable and efficient energy delivery, workforce development, equity, economic development and volunteerism. Follow Exelon on X, @Exelon. View source version on businesswire.com: https://www.businesswire.com/news/home/20250729152149/en/ Contacts Andrew Plenge Investor Relations InvestorRelations@ExelonCorp.com James Gherardi Corporate Communications James.Gherardi@ExelonCorp.com"", ""ComEd, Metropolitan Mayors Caucus Award Grants to Power Clean Energy Projects, Boost Local Public Safety 2025 Powering Safe Communities Program Awards Over $165,000 in Grants to 23 Communities Across Northern Illinois CHICAGO, July 29, 2025--(BUSINESS WIRE)--ComEd and the Metropolitan Mayors Caucus are proud to announce the latest recipients of the Powering Safe Communities Grant Program, kickstarting projects focused on public safety and clean energy in 23 communities across northern Illinois. This latest cohort of grants reflects a long-standing partnership between ComEd and MMC to sponsor grants for local communities. Now in its 11th year, the Powering Safe Communities Grant Program will award more than $165,000 to 23 local communities in 2025. \""Our long-standing partnership with Metropolitan Mayors Caucus represents the commitment ComEd has to investing in the safety and sustainability of our communities,\"" said Melissa Washington, Senior Vice President of Customer Operations and Strategic Initiatives at ComEd. \""By supporting these impactful projects, we help build safer, more resilient communities. These grants help launch projects that provide real benefits to our customers and communities.\"" In total, the Powering Safe Communities Program has delivered nearly $2 million in funding to more than 240 different safety and clean energy projects since it launched over a decade ago. Project themes in 2025 range from pedestrian and driver safety initiatives, increasing public AED accessibility, and expanding electric vehicle (EV) charging infrastructure. Since 2015, ComEd has partnered with the Metropolitan Mayors Caucus, a council for Chicagoland's chief elected officials, to administer this program. Through this partnership, ComEd provides program funding, an external panel of judges reviews the applications, and MMC administers the grants to local communities. Grant recipients match ComEd\u2019s contribution with their own funding of equal or greater value. \""The Powering Safe Communities Program is a powerful example of how collaboration can drive meaningful change at the local level,\"" said Neil James, Executive Director of the Metropolitan Mayors Caucus. \""We are proud to continue our partnership with ComEd to support innovative, community-centered projects that enhance public safety and advance clean energy goals.\"" Below is a summary of ComEd\u2019s 23 Powering Safe Communities grant recipients for 2025: Brookfield Police Department will purchase two e-bikes and purchase and install two solar-powered speed radar signs to improve sustainable mobility and safety along high-traffic local roadways. City of Harvey will purchase two AEDs for its City Hall, increasing accessibility to life-saving devices. DuPage County will purchase and install one DC fast EV charger and install one pre-purchased ChargePoint level 2 EV charger, advancing clean energy at the DuPage Care Center. Dwight Fire Protection District will purchase battery-powered saws, hand tools, and other equipment for emergency response, replacing aging, gas-powered tools. Flossmoor Police Department will purchase and install five flashing beacons on pedestrian crossing signs at key intersections to keep residents safe. Forest Park Fire Department will replace two aging gas-powered chainsaws with two modern battery-powered chainsaws to sustainably upgrade essential equipment. Fox River Valley Public Library District will purchase, install, and host training for three AEDs in two local libraries, increasing accessibility to life-saving devices. Johnsburg Police Department will purchase and install four solar-powered speed radar signs to enhance safety for pedestrians and drivers. Kane County will purchase one solar-powered sign to warn drivers and pedestrians of floods when they occur, blending sustainability with public safety. Lake Villa Police Department will purchase two e-bikes to enable public safety officers to efficiently cover the 3,784 acres of forest preserves within Lake Villa. Manhattan Police Department will purchase and install two solar-powered flashing school speed limit signs along a major highway next to a school. Rainbow Beach Park Advisory Council will install three solar-powered pathway lights, two solar-powered emergency call stations, and two solar-powered phone charging stations to increase safety in the evenings. Village of Berkeley will purchase and install two solar-powered speed radar signs to increase roadway safety through sustainable infrastructure. Village of Burlington will purchase and install three solar-powered speed radar signs to increase roadway safety through sustainable infrastructure. Village of Glendale Heights Police Department will purchase and install four solar-powered speed radar signs to increase roadway safety through sustainable infrastructure. Village of Lynwood will purchase and install two solar-powered speed radar signs near Sandridge School to increase safety for students. Village of Lyons will purchase and install one level 3 EV charging station. Village of Morton Grove will purchase and install one outdoor emergency warning siren with battery backup to replace a non-functioning siren. Village of South Chicago Heights will purchase and install two solar-powered speed radar signs near schools to increase safety for students. Village of Summit Police Department will purchase one solar-powered speed radar trailer to be placed around local schools and increase safe driving around students. Village of Thornton will purchase and install two flashing LED pedestrian-crossing signs, two directional signs for pedestrians, and add crosswalk striping to heighten safety around a busy intersection near a local school. Village of Waterman will purchase four AEDs, one box, and train personnel on their use. Three of the AEDs will be kept in police vehicles that often arrive at emergencies before an ambulance, as the village is over 15 miles from a hospital. Winnebago Community Unit School District 323 will purchase 20 stop arm cameras for school buses to increase safety for students. ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation\u2019s largest utility companies, serving more than 10.7 million electricity and natural gas customers. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state\u2019s population. For more information, visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20250729222188/en/ Contacts ComEd Media Relations 312-394-3500""]"
EXC,2025-07-31,43.95,44.97,43.895,44.95,"[""Exelon Reports Second Quarter 2025 Results Earnings Release Highlights GAAP net income of $0.39 per share and Adjusted (non-GAAP) operating earnings of $0.39 per share for the second quarter of 2025 Affirming full year 2025 Adjusted (non-GAAP) operating earnings guidance range of $2.64-$2.74 per share Reaffirming operating EPS compounded annual growth of 5-7% from 2024 to 2028 All utilities sustained top quartile or better performance in reliability and BGE, PECO, and PHI sustained top quartile or better performance in gas odor response Executed ~80% of planned debt financings and continued strong progress on equity financing, having now priced 100% of $700 million annualized equity financing need for 2025 and ~22% for 2026 CHICAGO, July 31, 2025--(BUSINESS WIRE)--Exelon Corporation (Nasdaq: EXC) today reported its financial results for the second quarter of 2025. \""Exelon\u2019s second-quarter performance reflects our disciplined execution across all fronts,\"" said Exelon President and Chief Executive Officer Calvin Butler. \""We remain focused on delivering long-term value through operational excellence, customer affordability solutions and a balanced investment strategy that supports grid modernization and energy security. As we reaffirm our financial guidance, we are confident in our ability to meet the evolving needs of our customers and communities while advancing a cleaner, more resilient energy future.\"" \""I\u2019m pleased to announce we delivered second quarter 2025 adjusted operating earnings of $0.39 per share, overcoming an active start to the summer storm season, including one of the largest in recent history at PECO with peak outages over 325,000 customers,\"" said Exelon Chief Financial Officer Jeanne Jones. \""We remain on track to deliver within our full-year earnings guidance range of $2.64 - $2.74 per share, and our performance underscores our ability to deliver strong financial and operational results while keeping our customers front and center.\"" Second Quarter 2025 Exelon's GAAP net income for the second quarter of 2025 decreased to $0.39 per share from $0.45 per share in the second quarter of 2024. Adjusted (non-GAAP) operating earnings for the second quarter of 2025 decreased to $0.39 per share from $0.47 per share in the second quarter of 2024. For the reconciliations of GAAP net income to Adjusted (non-GAAP) operating earnings, refer to the tables beginning on page 4. The GAAP net income and Adjusted (non-GAAP) operating earnings in the second quarter of 2025 primarily reflect: Lower utility earnings primarily due to timing of distribution earnings at ComEd, increased storm costs at PECO, lower impacts of the Maryland multi-year plan reconciliations at PHI, lower transmission peak load at ComEd, and higher credit loss and interest expense at PHI. This was partially offset by distribution rate increases at PECO and BGE, distribution and transmission rate increases at ComEd and PHI, and a higher return on regulatory assets at ComEd. Higher costs at Exelon holding company due to the Customer Relief Fund contribution and higher interest expense. The Customer Relief Fund is a one-time charitable contribution to trusted local nonprofits to assist low and middle-income customers with higher energy costs. Operating Company Results1 ComEd ComEd's second quarter of 2025 GAAP net income decreased to $228 million from $270 million in the second quarter of 2024. ComEd's Adjusted (non-GAAP) operating earnings for the second quarter of 2025 decreased to $228 million from $285 million in the second quarter of 2024, primarily due to the timing of distribution earnings and lower transmission peak load, partially offset by higher distribution and transmission rate base driven by incremental investments to serve customers and higher return on regulatory assets primarily due to an increase in asset balances. Due to revenue decoupling, ComEd's distribution earnings are not intended to be affected by actual weather or customer usage patterns. PECO PECO\u2019s second quarter of 2025 GAAP net income increased to $136 million from $90 million in the second quarter of 2024. PECO's Adjusted (non-GAAP) operating earnings for the second quarter of 2025 increased to $136 million from $93 million in the second quarter of 2024, primarily due to higher electric and gas distribution rates associated with updated recovery of investments to serve customers, partially offset by an increase in storm costs. BGE BGE\u2019s second quarter of 2025 GAAP net income increased to $55 million from $45 million in the second quarter of 2024. BGE's Adjusted (non-GAAP) operating earnings for the second quarter of 2025 increased to $55 million from $45 million in the second quarter of 2024, primarily due to distribution rates associated with updated recovery of investments to serve customers, partially offset by the derecognition of regulatory assets and liabilities as a result of the Next Generation Energy Act. Due to revenue decoupling, BGE's distribution earnings are not intended to be affected by actual weather or customer usage patterns. PHI PHI\u2019s second quarter of 2025 GAAP net income decreased to $143 million from $158 million in the second quarter of 2024. PHI\u2019s Adjusted (non-GAAP) operating earnings for the second quarter of 2025 decreased to $144 million from $162 million in the second quarter of 2024, primarily due to lower impacts of the Maryland multi-year plans reconciliations, increases in credit loss and interest expense, and storm costs at Pepco, partially offset by favorable distribution and transmission rates driven by updated recovery of investments to serve customers. Due to revenue decoupling, PHI's distribution earnings related to Pepco Maryland, DPL Maryland, Pepco District of Columbia, and ACE are not intended to be affected by actual weather or customer usage patterns. Recent Developments and Second Quarter Highlights Dividend: On July 29, 2025, Exelon's Board of Directors declared a regular quarterly dividend of $0.40 per share on Exelon's common stock. The dividend is payable on September 15, 2025, to Exelon's shareholders of record as of the close of business on August 11, 2025. Rate Case Developments: There were no rate case developments in the second quarter. Financing Activities: On May 16, 2025, BGE issued $650 million of its 5.45% Notes due June 1, 2035. BGE used the proceeds to repay outstanding commercial paper obligations and for general corporate purposes. On May 19, 2025, ComEd issued $725 million of its First Mortgage 5.95% Series Bonds due June 1, 2055. ComEd used the proceeds to repay outstanding commercial paper obligations and for general corporate purposes. On July 1, 2025, DPL completed the reoffering of its $78.4 million of its 2020 Series A Bonds. In connection with the reoffering of the Bonds, the interest rate was modified to 3.60% per annum, and the maturity date was modified to January 1, 2031. DPL did not directly receive any proceeds from the reoffering. Adjusted (non-GAAP) Operating Earnings Reconciliation Adjusted (non-GAAP) operating earnings for the second quarter of 2025 do not include the following items (after tax) that were included in reported GAAP net income: Adjusted (non-GAAP) operating earnings for the second quarter of 2024 do not include the following items (after tax) that were included in reported GAAP net income: Webcast Information Exelon will discuss second quarter 2025 earnings in a conference call scheduled for today at 9 a.m. Central Time (10 a.m. Eastern Time). The webcast and associated materials can be accessed at www.exeloncorp.com/investor-relations. About Exelon Exelon (Nasdaq: EXC) is a Fortune 200 company and one of the nation\u2019s largest utility companies, serving more than 10.7 million customers through six fully regulated transmission and distribution utilities \u2014 Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). Exelon's 20,000 employees dedicate their time and expertise to supporting our communities through reliable, affordable and efficient energy delivery, workforce development, equity, economic development and volunteerism. Follow @Exelon on X and LinkedIn. Non-GAAP Financial Measures In addition to net income as determined under generally accepted accounting principles in the United States (GAAP), Exelon evaluates its operating performance using the measure of Adjusted (non-GAAP) operating earnings because management believes it represents earnings directly related to the ongoing operations of the business. Adjusted (non-GAAP) operating earnings exclude certain costs, expenses, gains and losses, and other specified items. This measure is intended to enhance an investor\u2019s overall understanding of period over period operating results and provide an indication of Exelon\u2019s baseline operating performance excluding items that are considered by management to be not directly related to the ongoing operations of the business. In addition, this measure is among the primary indicators management uses as a basis for evaluating performance, allocating resources, setting incentive compensation targets, and planning and forecasting of future periods. Adjusted (non-GAAP) operating earnings is not a presentation defined under GAAP and may not be comparable to other companies\u2019 presentation. Exelon has provided the non-GAAP financial measure as supplemental information and in addition to the financial measures that are calculated and presented in accordance with GAAP. Adjusted (non-GAAP) operating earnings should not be deemed more useful than, a substitute for, or an alternative to the most comparable GAAP net income measures provided in this earnings release and attachments. This press release and earnings release attachments provide reconciliations of Adjusted (non-GAAP) operating earnings to the most directly comparable financial measures calculated and presented in accordance with GAAP, are posted on Exelon\u2019s website: https://investors.exeloncorp.com, and have been furnished to the Securities and Exchange Commission on Form 8-K on July 31, 2025. Cautionary Statements Regarding Forward-Looking Information This press release contains certain forward-looking statements within the meaning of federal securities laws that are subject to risks and uncertainties. Words such as \""could,\"" \""may,\"" \""expects,\"" \""anticipates,\"" \""will,\"" \""targets,\"" \""goals,\"" \""projects,\"" \""intends,\"" \""plans,\"" \""believes,\"" \""seeks,\"" \""estimates,\"" \""predicts,\"" \""should,\"" and variations on such words, and similar expressions that reflect our current views with respect to future events and operational, economic, and financial performance, are intended to identify such forward-looking statements. Accordingly, any such statements are qualified in their entirety by reference to, and are accompanied by, the following important factors that may cause our actual results or outcomes to differ materially from those contained in our forward-looking statements, including, but not limited to: unfavorable legislative and/or regulatory actions; uncertainty as to outcomes and timing of regulatory approval proceedings and/or negotiated settlements thereof; environmental liabilities and remediation costs; state and federal legislation requiring use of low-emission, renewable, and/or alternate fuel sources and/or mandating implementation of energy conservation programs requiring implementation of new technologies; challenges to tax positions taken, tax law changes, and difficulty in quantifying potential tax effects of business decisions; negative outcomes in legal proceedings; adverse impact of the activities associated with the past deferred prosecution agreement (DPA) and now-resolved SEC investigation on Exelon\u2019s and ComEd\u2019s reputation and relationships with legislators, regulators, and customers; physical security and cybersecurity risks; extreme weather events, natural disasters, operational accidents such as wildfires or natural gas explosions, war, acts and threats of terrorism, public health crises, epidemics, pandemics, or other significant events; disruptions or cost increases in the supply chain, including shortages in labor, materials or parts, or significant increases in relevant tariffs; lack of sufficient capacity to meet actual or forecasted demand or disruptions at power generation facilities owned by third parties; emerging technologies that could affect or transform the energy industry; instability in capital and credit markets; a downgrade of any Registrant\u2019s credit ratings or other failure to satisfy the credit standards in the Registrants\u2019 agreements or regulatory financial requirements; significant economic downturns or increases in customer rates; impacts of climate change and weather on energy usage and maintenance and capital costs; and impairment of long-lived assets, goodwill, and other assets. New factors emerge from time to time, and it is impossible for us to predict all of such factors, nor can we assess the impact of each such factor on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. For more information, see those factors discussed with respect to Exelon Corporation, Commonwealth Edison Company, PECO Energy Company, Baltimore Gas and Electric Company, Pepco Holdings LLC, Potomac Electric Power Company, Delmarva Power & Light Company, and Atlantic City Electric Company (Registrants) in the Registrants' most recent Annual Report on Form 10-K, including in Part I, ITEM 1A, any subsequent Quarterly Reports on Form 10-Q, and in other reports filed by the Registrants from time to time with the SEC. Investors are cautioned not to place undue reliance on these forward-looking statements, whether written or oral, which apply only as of the date of this press release. None of the Registrants undertakes any obligation to publicly release any revision to its forward-looking statements to reflect events or circumstances after the date of this press release. Exelon uses its corporate website, www.exeloncorp.com, investor relations website, investors.exeloncorp.com, and social media channels to communicate with Exelon's investors and the public about the Registrants and other matters. Exelon's posts through these channels may be deemed material. Accordingly, Exelon encourages investors and others interested in the Registrants to routinely monitor these channels, in addition to following the Registrants' press releases, Securities and Exchange Commission filings and public conference calls and webcasts. The contents of Exelon's websites and social media channels are not, however, incorporated by reference into this press release. View source version on businesswire.com: https://www.businesswire.com/news/home/20250731742015/en/ Contacts James Gherardi Corporate Communications 312-394-7417 Andrew Plenge Investor Relations 779-231-0017"", ""Exelon Q2 Adjusted Earnings Decrease, Operating Revenue Increases; Reaffirms 2025 Guidance Exelon (EXC) reported Q2 adjusted earnings Thursday of $0.39 per share, down from $0.47 a year earl"", ""Exelon (EXC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates For the quarter ended June 2025, Exelon (EXC) reported revenue of $5.43 billion, up 1.2% over the same period last year. EPS came in at $0.39, compared to $0.47 in the year-ago quarter. The reported revenue represents a surprise of -1.91% over the Zacks Consensus Estimate of $5.53 billion. With the consensus EPS estimate being $0.37, the EPS surprise was +5.41%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Exelon performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Operating revenues- PECO: $1 billion compared to the $984.62 million average estimate based on three analysts. The reported number represents a change of +12.2% year over year. Operating revenues- ComEd: $1.84 billion compared to the $2.05 billion average estimate based on three analysts. The reported number represents a change of -11.7% year over year. Operating revenues- BGE: $1.03 billion compared to the $999.01 million average estimate based on three analysts. The reported number represents a change of +10.9% year over year. Operating revenues- PHI: $1.58 billion compared to the $1.51 billion average estimate based on three analysts. The reported number represents a change of +7.3% year over year. Electric revenues- ComEd: $2.06 billion versus the three-analyst average estimate of $2.05 billion. The reported number represents a year-over-year change of -3%. Electric revenues- ACE: $397 million versus the two-analyst average estimate of $376.69 million. The reported number represents a year-over-year change of -1.7%. Electric revenues- DPL: $387 million versus the two-analyst average estimate of $380.36 million. The reported number represents a year-over-year change of +7.2%. Electric revenues- Pepco: $791 million compared to the $728.13 million average estimate based on two analysts. The reported number represents a change of +14.5% year over year. Natural gas revenues- PECO: $120 million compared to the $136.18 million average estimate based on two analysts. The reported number represents a change of +29% year over year. Electric revenues- BGE: $853 million versus $829.28 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +6.6% change. Electric revenues- PECO: $872 million versus $886.01 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +10% change. Natural gas revenues- BGE: $184 million compared to the $195.24 million average estimate based on two analysts. The reported number represents a change of +22.7% year over year. View all Key Company Metrics for Exelon here>>> Shares of Exelon have returned +3.1% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""Exelon (EXC) Declares US$0.40 Dividend for September 2025 Payout Exelon recently declared a quarterly dividend of $0.40 per share, reinforcing its ongoing commitment to returning value to shareholders. In addition to this dividend affirmation, the utility company saw leadership changes aimed at strengthening regulatory and external affairs, potentially contributing to investor confidence. Over the past month, Exelon's share price rose 3%, a movement that aligns with overall market trends as major indices reflected a broader positive sentiment, buoyed by economic optimism and robust corporate earnings. These corporate and market developments may have collectively supported Exelon's upward price trajectory. We've identified 2 weaknesses for Exelon (1 is a bit concerning) that you should be aware of. These 13 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch. The recent announcement of a quarterly dividend by Exelon, coupled with leadership changes, could positively influence investor sentiment and align with the company's long-term growth strategies. This reinforces Exelon's commitment to providing consistent returns, potentially bolstering investor confidence. Over the past five years, Exelon's total shareholder return, including share price appreciation and dividends, reached 91.63%. This substantial gain provides context to its recent performance, reflecting robust longer-term growth despite short-term fluctuations. In the past year, Exelon's performance exceeded both the US Market, with a 17.7% return, and the US Electric Utilities industry, which returned 14.7%. This competitive edge, coupled with recent developments, supports the positive momentum observed in Exelon's revenue and earnings forecasts. The legislative and regulatory progress in Maryland and energy markets could enhance revenue streams, raising the potential for earnings growth beyond the anticipated 3.3% annual revenue increase and profits reaching $3.2 billion by 2028. Such prospects align with the strategic investments Exelon is pursuing, underscoring potential for continued growth. Exelon's current share price of $44.30, when compared to the consensus analyst price target of $47.17, suggests a modest increase of about 5.8%. This indicates that analysts view the stock as fairly priced, with room for upside if revenue and earnings forecasts are met. While the price movement over the past month aligns with broader market trends, keeping Exelon's share price just below the target suggests potential for growth should positive catalysts continue to unfold in the business environment. Examine Exelon's past performance report to understand how it has performed in prior years. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include EXC. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com"", ""Exelon: Q2 Earnings Snapshot CHICAGO (AP) \u2014 CHICAGO (AP) \u2014 Exelon Corp. (EXC) on Thursday reported second-quarter net income of $391 million. On a per-share basis, the Chicago-based company said it had net income of 39 cents. The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share. The energy company posted revenue of $5.43 billion in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $5.53 billion. Exelon expects full-year earnings in the range of $2.64 to $2.74 per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXC at https://www.zacks.com/ap/EXC"", ""Exelon (EXC) Beats Q2 Earnings Estimates Exelon (EXC) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.41%. A quarter ago, it was expected that this energy company would post earnings of $0.85 per share when it actually produced earnings of $0.92, delivering a surprise of +8.24%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Exelon, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $5.43 billion for the quarter ended June 2025, missing the Zacks Consensus Estimate by 1.91%. This compares to year-ago revenues of $5.36 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Exelon shares have added about 17.6% since the beginning of the year versus the S&P 500's gain of 8.2%. While Exelon has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Exelon was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.69 on $6.18 billion in revenues for the coming quarter and $2.69 on $24.17 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the top 34% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Dominion Energy (D), is yet to report results for the quarter ended June 2025. The results are expected to be released on August 1. This energy company is expected to post quarterly earnings of $0.69 per share in its upcoming report, which represents a year-over-year change of +25.5%. The consensus EPS estimate for the quarter has been revised 0.4% higher over the last 30 days to the current level. Dominion Energy's revenues are expected to be $3.64 billion, up 4.6% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report Dominion Energy Inc. (D) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""Exelon's Q2 Earnings Surpass Estimates, Sales Lag, Delivery Volume Up Exelon Corporation\u2019s EXC second-quarter 2025 earnings of 39 cents per share surpassed the Zacks Consensus Estimate of 37 cents by 5.4%. The bottom line decreased 17% from the year-ago level of 47 cents. Lower utility earnings, primarily due to the timing of distribution earnings at ComEd and higher costs at Exelon holding company due to the Customer Relief Fund contribution and higher interest expense, adversely impacted earnings in the reported quarter. On a GAAP basis, earnings were 39 cents per share, which decreased 13.3% from the year-ago quarter\u2019s 45 cents. Exelon reported revenues of $5.42 billion, which lagged the Zacks Consensus Estimate of $5.53 billion by 1.9%. The top line was 1.2% up from the year-ago figure of $5.36 billion. Exelon Corporation price-consensus-eps-surprise-chart | Exelon Corporation Quote In the reported quarter, the company served more customers than the year-ago quarter; consequently, total electric deliveries touched 41,684 gigawatt hours in the first six months of 2025, up 1.7% from the year-ago period, primarily due to higher volumes sold to the entire customer group. Due to revenue decoupling, ComEd\u2019s distribution earnings were not affected by actual weather or customer usage patterns. Exelon's total operating expenses increased nearly 1% year over year to $4.5 billion. Operating income amounted to $0.92 billion, up 1.5% year over year. Interest expenses totaled $531 million, up nearly 9.9% from the year-ago quarter\u2019s level. In the reported quarter, adjusted net income was $392 million compared with $472 million in the year-ago quarter. Commonwealth Edison Company (ComEd): Adjusted earnings in the second quarter were $228 million, down 20% from the year-ago quarter. The year-over-year decline was primarily due to the timing of distribution earnings and lower transmission peak load. PECO Energy Company (PECO): Adjusted operating earnings for the reported quarter increased 46.2% year over year to $136 million, primarily due to higher electric and gas distribution rates associated with updated recovery of investments to serve customers, partially offset by an increase in storm costs. Baltimore Gas and Electric Company (BGE): Adjusted earnings for the quarter improved 22.2% year over year to $55 million due to higher distribution rates associated with updated recovery of investments to serve customers. Pepco Holdings LLC (PHI): Adjusted operating earnings for the quarter decreased 11.1% year over year to $162 million due to lower impacts of the Maryland multi-year plans reconciliations, increases in credit loss and interest expense, and storm costs at Pepco. Cash and cash equivalents totaled $724 million as of June 30, 2025, compared with $357 million as of Dec. 31, 2024. Long-term debt was $45.52 billion as of June 31, 2025, compared with $42.94 billion as of Dec. 31, 2024. Cash provided by operating activities in the first six months of 2025 totaled $2.71 billion compared with $2.45 billion in the year-ago period. Exelon reaffirmed earnings in the range of $2.64-$2.74 per share for 2025. The Zacks Consensus Estimate for the same is pinned at $2.69 per share, on par with the midpoint of the company\u2019s guided range. The company also reaffirmed its adjusted (non-GAAP) operating EPS compounded annual growth target of 5-7% through 2028. Exelon will be making $38 billion of critical investments in its energy infrastructure in the 2025-2028 period. Exelon has a Zacks Rank #3 (Hold) at present. You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. NextEra Energy, Inc. NEE reported second-quarter 2025 adjusted earnings of $1.05 per share, which beat the Zacks Consensus Estimate of $1.02 by 2.9%. The bottom line was also up nearly 9.4% year over year. NEE\u2019s long-term (three-to-five years) earnings growth rate is 7.89%. It delivered an average earnings surprise of 3.51% in the last four quarters. American Electric Power Company, Inc. AEP reported second-quarter 2025 operating earnings per share (EPS) of $1.43, which beat the Zacks Consensus Estimate of $1.28 by 11.7%. The bottom line inched up 14.4% from $1.25 recorded in the year-ago quarter. AEP\u2019s long-term (three-to-five years) earnings growth rate is 6.43%. It delivered an average earnings surprise of 6.61% in the last four quarters. FirstEnergy Corporation FE reported second-quarter 2025 adjusted EPS of 52 cents, which surpassed the Zacks Consensus Estimate of 50 cents by 4%. FE\u2019s long-term earnings growth rate is 6.43%. It delivered an average earnings surprise of 1.2% in the last four quarters. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report FirstEnergy Corporation (FE) : Free Stock Analysis Report American Electric Power Company, Inc. (AEP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""Prologis to Develop Largest Rooftop Community Solar Portfolio in Northern Illinois Community solar accelerating in ComEd zone to broaden access in underserved areas CHICAGO, July 30, 2025--(BUSINESS WIRE)--ComEd today joined Prologis, a global development company, in marking the launch of a rooftop community solar project in Franklin Park, the first of 45 installations that the global logistics firm is developing across Illinois over the next two years. The Prologis portfolio is expected to generate 82 megawatts (MW) of solar energy, resulting in the largest rooftop community solar initiative in northern Illinois. More than half of the energy credits will be directed to income-qualified households, expanding access to clean energy in underserved communities in the Chicago area and beyond. \""We\u2019re proud to join ComEd to officially launch this project, the first of many community solar projects that our energy team is deploying across our Illinois rooftops,\"" said Carter Andrus, Prologis\u2019 Chief Operating Officer. \""Illinois is one of the fastest-growing solar markets in the country, and we\u2019re excited to help lead its momentum. For us, this is about more than solar panels\u2014it\u2019s about using our scale to make a real difference in the communities where we operate and bring the benefits of clean energy to more people across Illinois.\"" SunVest Solar, a national developer and independent power producer, designed the Franklin Park 3 rooftop community solar installation atop a 195,000-square-foot Prologis logistics center. Prologis will own and operate the 1.56 MW community solar project, which will serve mostly residential customers, with the remaining community solar credits benefiting local businesses. Prologis is constructing dozens of rooftop community solar projects in northern Illinois, including several in the Chicagoland region. There are currently about 200 active community solar projects interconnected to the ComEd system. \""As we continue to support the expansion of solar across northern Illinois, new and planned Prologis rooftop solar sites promise to provide northern Illinois customers additional options for lowering their energy costs via renewable energy connected to the grid,\"" said Gil Quiniones, President and CEO of ComEd. \""With dozens of additional projects in the pipeline, we are seeing the effect of the pro-solar incentives put in place by Gov. JB Pritzker\u2019s administration and how they support a cleaner, more equitable energy future in our state.\"" \""Illinois policymakers have worked hard on policy that encourages businesses like Prologis to grow and our energy sector to expand, especially in renewable energy,\"" said House Majority Leader Robyn Gabel, 18th District. \""It\u2019s exciting to see the fruits of CEJA, one of the most expansive energy bills in the country come to fruition with vital initiatives like this one, reinforcing Illinois\u2019 leadership in community solar.\"" \""I\u2019m happy to stand with ComEd and Prologis as we celebrate the launch of this community solar project right here in Franklin Park,\"" said State Representative Norma Hernandez, 77th District. \""By leveraging underutilized industrial rooftops, we\u2019re not only expanding access to clean, renewable energy\u2014we\u2019re ensuring that working families in our communities can directly benefit from lower utility costs and a more resilient energy grid. This is a smart, community-centered model for how we decarbonize equitably and sustainably. Thank you for your leadership and bringing this to the 77th District.\"" Prologis supports its customers and the communities where it operates by developing, building, and managing distributed energy solutions \u2013 including rooftop solar, energy storage, community solar and OnDemand Power, which provides resilient, backup and dispatchable energy \u2013 across the company\u2019s global portfolio. With nearly 800 MWs of solar and storage already deployed, Prologis is on track to reach its goal of 1 gigawatt by end of 2025. The 2016 Future Energy Jobs Act created Illinois\u2019 community solar program, and the 2021 Climate and Equitable Jobs Act (CEJA) made it stronger. Since the passage of CEJA, there has been a 400% increase in connected community solar \u2013 4x the capacity of Community Solar that was installed in 2024 vs. 2023. ComEd expects to have 240 community solar sites on its system by the end of 2025, producing 520MW and powering about 71,000 homes. Community solar allows all ComEd customers to access the benefits of clean solar energy without installing solar panels of their own. Participants subscribe to a solar energy project owned by an independent developer and earn credits on their monthly ComEd bills for their portion of the energy produced by the project. Energy generated by the community solar project flows to ComEd\u2019s grid and becomes part of the overall energy supply. ComEd customers can subscribe to a community solar project located anywhere in the ComEd region by visiting ComEd.com/Solar, provided it is not fully subscribed. About ComEd ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company serving more than 10.7 million electricity and natural gas customers \u2013 the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state's population. For more information visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X, and YouTube. About Prologis With a 1.3 billion square foot portfolio across 20 countries, the equivalent of nearly 3% of global GDP flows annually through our facilities. We build the intelligent infrastructure that powers global commerce, seamlessly connecting the digital and physical worlds. From agile supply chains to clean energy solutions, our scale, innovation, and expertise make us a category of one\u2014shaping the future of logistics while building what comes next. View source version on businesswire.com: https://www.businesswire.com/news/home/20250730524199/en/ Contacts ComEd Media Relations 312-394-3500"", ""Why Exelon (EXC) is a Top Value Stock for the Long-Term Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks. Chicago, IL-based Exelon Corporation completed the previously announced separation of the power generation and competitive energy business, namely Constellation Energy Corp., into a separate entity, which will trade under the symbol \u201cCEG\u201d. Exelon retained the transmission and distribution utility business, which will continue to be called Exelon and trade under the symbol \u201cEXC\u201d. The separation was completed on Feb 1, 2022. EXC boasts a Value Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Exelon are trading at a forward earnings multiple of 16.5X , as well as a PEG Ratio of 2.6, a Price/Cash Flow ratio of 7.3X, and a Price/Sales ratio of 1.9X. Value investors don't just pay attention to a company's valuation ratios; positive earnings play a crucial role, too. One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0 to $2.69. EXC has an average earnings surprise of 10.1%. Investors should take the time to consider EXC for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research""]"
EXC,2025-08-01,45.51,45.51,44.135,44.67,"[""BMO Capital Adjusts Exelon Price Target to $48 From $50, Maintains Outperform Rating Exelon (EXC) has an average rating of Hold and mean price target of $47.50, according to analysts po"", ""Exelon Corp (EXC) Q2 2025 Earnings Call Highlights: Navigating Challenges with Strategic ... Operating Earnings: $0.39 per share in Q2 2025, compared to $0.47 per share in Q2 2024. Full Year Operating Earnings Guidance: $2.64 to $2.74 per share for 2025. Annualized Earnings Growth Rate: 5% to 7% through 2028. Rate Base Growth: 7.4% through 2028. Return on Equity: 9% to 10% on rate base. Capital Investment: $38 billion through 2028, with an additional $10 billion to $15 billion in transmission work identified. Debt Financing: Nearly 80% of planned long-term debt financing needs for 2025 completed. Equity Needs: $700 million planned for 2025, with $175 million issued and $525 million under forward agreements. Large Load Pipeline: More than 17 gigawatts, with an additional 16 gigawatts expected to formalize by year-end. Warning! GuruFocus has detected 10 Warning Signs with EXC. Release Date: July 31, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Exelon Corp (NASDAQ:EXC) reported operating earnings of $0.39 per share in the second quarter, exceeding expectations due to favorable timing and cost management. The company is on track to meet its full-year operating earnings guidance of $2.64 to $2.74 per share. Exelon Corp (NASDAQ:EXC) has a robust pipeline for large load projects, holding firm at more than 17 gigawatts, with additional high-probability load expected to be formalized by year-end. The company plans to invest $38 billion through 2028, with an additional $10 billion to $15 billion identified for transmission work beyond that, supporting a projected earnings growth rate of 5% to 7% annually. Exelon Corp (NASDAQ:EXC) has successfully completed nearly 80% of its planned long-term debt financing needs for 2025, demonstrating strong investor demand and attractive pricing for its debt offerings. Exelon Corp (NASDAQ:EXC) experienced a decrease in earnings compared to the same period last year, primarily due to higher distribution and transmission rates and other cost factors. The company faced significant storm costs, particularly at PECO, which impacted financial results. Exelon Corp (NASDAQ:EXC) is dealing with regulatory challenges, including ongoing rate case activities and the need for legislative action to address energy supply issues. The volatility and unpredictability in supply costs, along with warnings from institutions like NERC and DOE, are undermining faith in the current market status quo. Despite higher prices, the market is not responding quickly enough to meet demand growth, with new generation entry lagging behind demand increases. Q: Which jurisdictions are most likely to take further action on utility-owned generation or energy efficiency initiatives? A: Calvin Butler, CEO, highlighted that state involvement is critical, with Maryland, Delaware, and New Jersey actively considering utility-owned generation and energy efficiency measures. Maryland's legislation requests 3,000 megawatts of power, with a decision expected by October. Timing depends on state needs and legislative processes. Q: When will the $10 billion to $15 billion potential transmission opportunity be included in Exelon's base plan? A: Jeanne Jones, CFO, stated that the transmission opportunity will likely be included in the Q4 update. This will consider cluster studies, ComEd grid plans, and other filings. Transmission has increased by about 30% in recent updates, and financing will follow a rule of thumb of 40% equity for new capital expenditures. Q: Is quantum computing creating a unique opportunity for ComEd compared to the data center trend? A: Calvin Butler, CEO, confirmed that quantum computing presents significant opportunities, with Illinois being a key location due to ComEd's involvement. The state is attracting interest from other companies wanting to be part of the quantum computing campus, although these opportunities are not yet included in Exelon's projections. Q: Would Exelon consider building regulated or contracted generation? A: Calvin Butler, CEO, affirmed that Exelon is open to building regulated generation, emphasizing the need for certainty, state control, and customer benefits. Jeanne Jones, CFO, added that regulated generation offers states certainty and control, aligning with economic development needs. Q: Can you provide more details on the large load pipeline and potential timelines for project progression? A: Jeanne Jones, CFO, explained that Exelon is confident in the pipeline's progression, with expectations that 10% of the load will be online by 2028, one-third by 2030, and three-fourths by 2034. The pipeline is highly confident, with no significant barriers anticipated. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.""]"
EXC,2025-08-04,44.74,45.3552,44.6,45.159,"ComEd, Metropolitan Mayors Caucus Announce 17 Northern Illinois Communities Complete Training to Become ""EV Ready"" EV Readiness program helps local governments plan for transition to EVs in Illinois CHICAGO, August 04, 2025--(BUSINESS WIRE)--ComEd and the Metropolitan Mayors Caucus today recognized a diverse group of communities completing a program designed to help prepare them to accommodate the growth of electric vehicles (EVs) and EV infrastructure. Through their completion of the EV Readiness Program, 17 local governments have demonstrated actions required to create permitting, safety plans and local policies that help make EVs more accessible in communities throughout northern Illinois. ""The EV Readiness Program provides cities and counties across the state with the foundation they need to support EV growth within their communities,"" said ComEd President and CEO Gil Quiniones. ""The shift to EVs will lower emissions and enhance air quality, key milestones on the journey to building a more sustainable future in Illinois."" The EV Readiness Program was launched by ComEd and the Caucus in 2022 to help prepare municipalities to accommodate the growing number of EVs in Illinois, which includes more than 145,000 currently registered in Illinois today, and the vast majority of them in ComEd’s northern Illinois service territory. EV adoption is expected to increase in the future, as the state of Illinois, through its Climate and Equitable Jobs Act (CEJA), has set a goal of getting to 1 million EVs on the road by 2030. ""With each graduating cohort, the EV Readiness Program continues to grow stronger and more impactful,"" said Kevin Burns, Mayor, City of Geneva, Illinois, and Metropolitan Mayors Caucus Environment and Energy Committee Chair and Immediate Past Executive Board Chair. ""This third cohort reflects the steady momentum our region is building toward a cleaner, more connected transportation future."" A diverse mix of 17 communities becomes the third cohort to graduate from this program during a ceremony held at the Illinois Institute of Technology (Illinois Tech) in Chicago, Illinois. To date, the program has reached 38 communities in its three unique cohorts. The participating local governments in this third cohort range from large urban cities to suburban communities, with representation from north, central, south and west sides of the region. The third cohort communities are: Broadview Brookfield Chicago Countryside DeKalb DuPage County Glenview Highland Park Johnsburg Lindenhurst Park Forest River Forest Rockford Rolling Meadows Streamwood Vernon Hills Warrenville ""By learning from each round and improving the program along the way, the Caucus is helping communities like ours turn ambition into action—and laying the groundwork for a robust, equitable EV ecosystem across northern Illinois,"" said Nancy R. Rotering, Mayor, City of Highland Park, Illinois, and Caucus Executive Board Chair. The EV Readiness Program is guided by a comprehensive EV Readiness Checklist of 132 possible municipal actions to demonstrate preparedness for EV integration. ""The City of Chicago is proud to have earned Gold in the Metropolitan Mayors Caucus’ EV Readiness Program. This recognition is a testament to our deep commitment to accelerating the transition to clean transportation in every neighborhood,"" said City of Chicago Mayor Brandon Johnson. ""Through this program, we’ve strengthened collaboration across City departments and are building the infrastructure and policies needed to expand access to EVs, reduce emissions and deliver cleaner air and healthier communities for all Chicagoans."" ""As we electrify transportation across the country, we must strive to build smarter, faster and more accessible charging infrastructure here in Illinois,"" said U.S. Senator Dick Durbin. ""By assisting 17 of our communities in Chicagoland to complete the EV Readiness Program, The Metropolitan Mayors Caucus is accelerating the transition to clean transportation and strengthening Illinois’ commitment to combatting the climate crisis. I’ll continue working with Senator Duckworth and our local leaders to maintain Illinois’ position as a leader in electric vehicles and charging infrastructure."" During the third cohort, three communities earned Gold status, which reflects the most advanced participation under the program. The City of Chicago ""leveled up"" to Gold status from the Bronze designation it received in the second cohort. The Village of River Forest and the City of Rolling Meadows also achieved Gold status in this cohort. DuPage County ""leveled up"" from Bronze to Silver status by pursuing additional EV readiness actions, including participating in ComEd’s Fleet Electrification Assessment. This comprehensive assessment helps communities and other commercial customers plan the transition to an all-electric fleet, providing the customer the opportunity to assess proper vehicles for their fleet, to plan and determine charging infrastructure needs, to measure total cost of electrification and emissions reduction, and to find information about ComEd and other incentive programs they may qualify for. With ComEd’s assistance, numerous EV Readiness communities have participated in the free assessment, including the Cities of Chicago, Highland Park and Rolling Meadows, as well as the Villages of Park Forest and River Forest. ""The results of the EV Readiness program show what’s possible when cities decide to lead instead of follow,"" said Rolling Meadows Mayor Lara Sanoica. ""Rolling Meadows is proud to be recognized among the leaders creating a more sustainable future for our region."" ""The City of Rockford is honored to participate in the EV Readiness Program, which has played a vital role as we work to modernize our transportation system and ensure the benefits of clean mobility reach every neighborhood,"" said Tom McNamara, Mayor, City of Rockford, Illinois. ""This program helped us lay the groundwork for a more sustainable, inclusive future – one that supports economic opportunity, environmental stewardship, and community well-being. We look forward to building on this momentum."" Participation in the EV Readiness program has proven to help communities increase EV registrations, while also helping them develop and qualify for additional funding opportunities. Communities like Chicago and Rolling Meadows have qualified for EV grant funding to create better EV access for their cities. By conducting an initial fleet EV suitability analysis, the City of Chicago successfully secured over $11 million in federal grants to replace older diesel vehicles with new electrified vehicles. In response to the rise of EVs in the region, the EV Readiness program was developed by a coalition of over 70 regional partners including local mayors, managers, and other local government staff members, as well as representatives from councils of governments, regional planning organizations, EV charging station companies, IBEW (International Brotherhood of Electrical Workers), Argonne National Laboratory and ComEd. The EV Readiness Program is one example of significant investments that ComEd is making to support customers and communities in the transition to EVs. Earlier this year, ComEd launched over $100 million in EV rebate funding to support residential, business and public sector customers with expanding EV use, by funding fleet EVs and EV charging infrastructure projects. To ensure equitable access to EVs, ComEd’s programs reserve over 50 percent of all funding for equity investment eligible communities (EIEC), as defined by the state of Illinois, or for low-income customers. Information on eligibility can be found at www.comed.com/EV. To learn more on the benefits of EVs, and how ComEd can support your electrification project, please visit www.comed.com/EV. To learn about participating in the EV Readiness Program, please visit the Caucus' website. About ComEd ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation’s largest utility companies, serving more than 10.7 million electricity and natural gas customers. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state's population. For more information visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X, and YouTube. About the Metropolitan Mayors Caucus The Metropolitan Mayors Caucus is a membership organization of the Chicago region’s 275 cities, towns and villages. Founded in 1997, the Caucus pushes past geographical boundaries and local interests to work on public policy issues. The organization provides a forum for metropolitan Chicago’s chief elected officials to collaborate on common problems and work toward a common goal of improving the quality of life for the millions of people who call the region home. For more information, visit mayorscaucus.org, and connect with the organization on Facebook, LinkedIn, X, and YouTube. About Illinois Institute of Technology Based in the global metropolis of Chicago, Illinois Tech was born to liberate the power of collective difference to advance technology and innovation for all. It is the only tech-focused university in the city, and it stands at the crossroads of exploration and invention, advancing the future of Chicago and the world. It offers undergraduate and graduate degrees in engineering, computing, architecture, business, design, science and human sciences, and law. Illinois Tech students are guaranteed access to hands-on experiences, personalized mentorship, and job readiness through the university’s one-of-a-kind Elevate program. Its graduates lead the state and much of the nation in economic prosperity. Its faculty and alumni built the Chicago skyline. And every day in the city's living lab, Illinois Tech fuels breakthroughs that change lives. Visit iit.edu. View source version on businesswire.com: https://www.businesswire.com/news/home/20250804273556/en/ Contacts ComEd Media Relations 312-394-3500"
EXC,2025-08-05,45.08,45.4,44.57,44.69,"Independent power producers hit back at utility critics over PJM price surge This story was originally published on Utility Dive. To receive daily news and insights, subscribe to our free daily Utility Dive newsletter. A year ago, capacity prices spiked in the PJM Interconnection. Last month they hit another record high of nearly $330/MW-day. Companies including Exelon, FirstEnergy and PPL Corp., which have utilities in states that bar them from owning generation, have been pressing for state legislation that would lift that restriction. They contend that the jump in PJM capacity prices is increasing customer bills but failing to spur independent power producers to build power plants. To get a nonutility perspective, on Monday Utility Dive talked with Todd Snitchler, president and CEO of the Electric Power Supply Association, a trade group for independent power producers, about how power providers are moving to bring electricity supplies to PJM, what’s behind rising electric bills and the challenges all companies face in building power plants. EPSA members own and operate about 175,000 MW of capacity in U.S. regions with access to competitive wholesale electricity markets. Members include Invenergy, LS Power, NRG Energy, Talen Energy, Tenaska and Vistra. This interview has been edited for length and clarity. TODD SNITCHLER: I think you are seeing a response from the IPP or competitive generator sector in response to price signals, but not exclusively that. You saw a significant response to the Reliability Resource Initiative process at PJM, which tried to accelerate projects to the front of the line that were ready to go or could be constructed and operational by 2030. Ninety-four projects were submitted and 51 selected. It was close to 10,000 MW that is supposed to come online by 2030. And that was just a part of how independent producers tried to respond, before the second price signal was even sent in the July auction, which I think we would all agree continued to send the signal for new investment. One of the challenges that we're seeing is this compressed auction schedule. There hasn’t been an auction that's been on time in several years now. So you've got these six-month increments, which really make it difficult for generators or investors to make a decision that says, “Okay, let's move this project from development into ‘we're going to move forward’ in that short of a time horizon.” Normally, these auctions are spaced a year apart — it gives people an opportunity to respond. Even so, you're seeing people make affirmative decisions about investments, delaying retirement, projects that were not moving forward are now back on the drawing board. You see things like the Crane Clean Energy Center, formerly Three Mile Island … you are seeing that come back. So I think there are all kinds of indicators that show that the market is responding to the signals that are being sent. Would it be helpful if we could move faster? Sure, it would be. Is that always possible? Honestly, no. We've got issues outside of queue reform, which everyone likes to blame, and which I think is kind of behind us, if you look at the statistics. But there are supply chain issues that affect everybody, whether you're a vertically integrated utility, or you're a competitive power generator, or you're a rural co-op or public power. We're all subject to the same issues with regard to supply chain. And there's a workforce issue that we're going to have to address because, assuming we all agree … that we're going to need to build a whole lot of new megawatts in the coming near-term time horizon, everybody's competing for the workforce that's skilled and able to construct those facilities. I hear some of our utility critics say, “Well, if you just let us do it, we’d have this problem solved.” Well, I'd like to know how you're able to skip ahead and have your equipment, whether it's switchgears or transformers or turbines. We're all competing for the same equipment on the same time horizon, so it's a little bit difficult to understand how they could do it so much faster, so much cheaper, when that's historically never been the case. It varies, but conventional wisdom right now is it's probably five years, maybe six. We've seen some discussion about how we are going to address additional manufacturing capability, and I think we'll see that. But you don't build a new factory overnight, and you certainly don't turn out these pieces of equipment in a week or two. It varies by region. So if you're New England, you've got a different set of issues than if you're in central Pennsylvania or Ohio, where you're sitting on top of the gas, where it's being produced, and it's much easier to move around. We are going to need to see some additional pipeline capacity that's going to take gas from where it's being produced into other parts of the country where they are bottlenecked, whether that's the Southeast or the Northeast. That range sounds pretty close to what we have heard, which is much more than it was three or five years ago. From our members’ perspective, that's cost that they bear, that's not anything that's put on the backs of ratepayers. In a vertically integrated environment in contrast, that $2.2 billion to $2.5 billion for 1,000 megawatts has to be paid by someone, and that's the captive utility customer with a non-bypassable charge on the bill. And so that's a direct pass-through to customers, plus the rate of return that the utility gets, where, if our members build it, they've got to make sure that they build it as inexpensively but as reliably as they can so they can operate, and that has the effect of driving down costs for consumers. We have some members that are in the process of trying to get equipment into the United States and not sure what the price will be when it hits the shore based on the tariff rate with the countries that it may be coming from. For one member, the price variation was potentially 40% higher. So if you've got a $100 million piece of equipment, and the price is either $100 million or $140 million, that's meaningful dollars. That is an area that our members are hoping that we can get some greater degree of certainty because if we're going to achieve the administration's objective of beating China at AI, we're going to need more energy. More energy that is going to be produced with the same turbines that potentially are exposed to some of the tariff-related issues. There is some disruptive effect to that, but I think the administration is aware of it. We are one of the best ways for people to mitigate those costs by avoiding non-bypassable charges and letting us be the ones who put the risk on shareholders and investors for the generation portion of your bill. Transmission and distribution charges are up substantially over the last 10 years, 15 years, and those costs are real and have translated into increased costs on consumers’ bills. So I find it a little disingenuous for some of the utilities that have had the transmission and distribution charges go up substantially over that period of time to say that this one capacity auction and now a second capacity auction is what's driving up customer bills, and that's why they should be allowed back in the [generation] game, because if you look at it in raw data numbers, the facts just don't support their thesis. In fact, the generation portion is flat or declining, and it has been that way as a result of both fuel switching, improved efficiency and new resources that came onto the system. But because of the most recent auction results, I think it's a useful tool for those people who are trying to push responsibility for price increases off of their portion of the bill and onto someone else. We're always mindful of the need for people to do something. Sometimes that means doing something that's not necessarily good policy. We’re trying to educate policymakers and legislators about what markets are actually doing, what they have actually delivered. I'm still hard-pressed to find an example where a vertically-integrated utility has delivered a new generating project on time and under budget and had any accountability in the way that wholesale power generators do. Our members all have different perspectives that they are operating under. Some are typically more operator-driven and others are more development-driven. Those that are in the development space are working on a number of projects in PJM as we speak, so I would urge a little caution from those who are suggesting that there's no new development in gas. Some companies are trying to acquire resources, to build their portfolio, because those entities have a different investment thesis, which is, “We're operators, not developers.” Recommended Reading PPL Electric ‘advanced-stage’ data center pipeline grows 32%, to 14 GW"
EXC,2025-08-06,44.86,45.4,44.52,45.06,"Calculating The Fair Value Of Exelon Corporation (NASDAQ:EXC) The projected fair value for Exelon is US$46.71 based on Dividend Discount Model With US$44.69 share price, Exelon appears to be trading close to its estimated fair value Our fair value estimate is similar to Exelon's analyst price target of US$47.07 In this article we are going to estimate the intrinsic value of Exelon Corporation (NASDAQ:EXC) by projecting its future cash flows and then discounting them to today's value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. Believe it or not, it's not too difficult to follow, as you'll see from our example! Companies can be valued in a lot of ways, so we would point out that a DCF is not perfect for every situation. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. We have to calculate the value of Exelon slightly differently to other stocks because it is a electric utilities company. In this approach dividends per share (DPS) are used, as free cash flow is difficult to estimate and often not reported by analysts. Unless a company pays out the majority of its FCF as a dividend, this method will typically underestimate the value of the stock. We use the Gordon Growth Model, which assumes dividend will grow into perpetuity at a rate that can be sustained. The dividend is expected to grow at an annual growth rate equal to the 5-year average of the 10-year government bond yield of 3.1%. We then discount this figure to today's value at a cost of equity of 6.8%. Compared to the current share price of US$44.7, the company appears about fair value at a 4.3% discount to where the stock price trades currently. Remember though, that this is just an approximate valuation, and like any complex formula - garbage in, garbage out. Value Per Share = Expected Dividend Per Share / (Discount Rate - Perpetual Growth Rate) = US$1.7 / (6.8% – 3.1%) = US$46.7 We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. If you don't agree with these result, have a go at the calculation yourself and play with the assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Exelon as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.8%, which is based on a levered beta of 0.800. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. View our latest analysis for Exelon Strength Earnings growth over the past year exceeded the industry. Weakness Interest payments on debt are not well covered. Dividend is low compared to the top 25% of dividend payers in the Electric Utilities market. Opportunity Annual earnings are forecast to grow for the next 3 years. Good value based on P/E ratio and estimated fair value. Threat Debt is not well covered by operating cash flow. Paying a dividend but company has no free cash flows. Annual earnings are forecast to grow slower than the American market. Although the valuation of a company is important, it is only one of many factors that you need to assess for a company. The DCF model is not a perfect stock valuation tool. Rather it should be seen as a guide to ""what assumptions need to be true for this stock to be under/overvalued?"" For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. For Exelon, there are three additional elements you should look at: PS. Simply Wall St updates its DCF calculation for every American stock every day, so if you want to find the intrinsic value of any other stock just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned."
EXC,2025-08-07,45.16,45.68,45.02,45.58,
EXC,2025-08-08,45.65,45.78,45.215,45.32,
EXC,2025-08-11,44.912,45.14,44.555,44.725,"Exelon (EXC) Could Be a Great Choice All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Based in Chicago, Exelon (EXC) is in the Utilities sector, and so far this year, shares have seen a price change of 20.4%. The energy company is currently shelling out a dividend of $0.40 per share, with a dividend yield of 3.53%. This compares to the Utility - Electric Power industry's yield of 3.26% and the S&P 500's yield of 1.53%. Looking at dividend growth, the company's current annualized dividend of $1.60 is up 5.3% from last year. Over the last 5 years, Exelon has increased its dividend 3 times on a year-over-year basis for an average annual increase of 0.70%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Exelon's current payout ratio is 60%, meaning it paid out 60% of its trailing 12-month EPS as dividend. Looking at this fiscal year, EXC expects solid earnings growth. The Zacks Consensus Estimate for 2025 is $2.69 per share, with earnings expected to increase 7.60% from the year ago period. Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. However, not all companies offer a quarterly payout. For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, EXC is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"
EXC,2025-08-12,44.855,44.855,44.055,44.61,
EXC,2025-08-13,44.54,45.245,44.52,45.23,
EXC,2025-08-14,45.24,45.26,44.62,44.631,
EXC,2025-08-15,44.61,44.895,44.34,44.58,"Exelon to Invest $38B in Infrastructure Amid Changing Usage Patterns Exelon Corporation’s EXC investments to strengthen transmission and distribution infrastructure allow it to meet rising demand from customers. EXC’s cost-saving initiatives and stable operations enable it to generate a steady cash flow and reward shareholders. However, new technology disrupting usage patterns, failure of equipment or facilities and fluctuating weather conditions are concerns. Exelon is making substantial infrastructure investments, with plans to allocate nearly $38 billion between 2025 and 2028 toward regulated utility operations. These funds will focus on grid modernization and enhancing system resilience to better serve customers. Rising demand from data centers within its service territories is creating additional growth opportunities. Other utilities like NextEra Energy NEE, Duke Energy DUK and American Electric Power Company AEP, Exelon has a long-term capital plan to strengthen operations. Over the 2025-2028 period, it intends to invest $21.7 billion in electric distribution, $12.6 billion in electric transmission and $3.8 billion in gas delivery. These strategic investments are expected to drive a 7.4% rate base CAGR through 2028 and support targeted annual EPS growth of 5-7% over the same period. Serving more than 10 million customers, Exelon has delivered benefits through tax reform measures, energy efficiency programs and ongoing cost-saving initiatives. The company’s disciplined expense management keeps costs rising at a pace below inflation, further benefiting customers. Exelon is prioritizing the transmission and distribution of clean energy, with a significant portion of its distribution revenues decoupled to offset declines from lower usage. This approach shields the company’s top line from load fluctuations, ensuring more stable earnings. Operating under seven different regulatory jurisdictions also provides a diversified and balanced rate base. Emerging and advanced technologies have the potential to reshape the energy industry and alter the structure of energy delivery over time. Advancements in power generation, along with the growing adoption of commercial and residential solar systems and commercial microturbines, are enhancing the cost-effectiveness of customer self-generation. Such trends could reduce demand for Exelon’s transmission and distribution services, potentially weighing on its profitability. Additionally, failures in equipment or delivery infrastructure could disrupt electric transmission as well as electric and natural gas delivery. Such interruptions may lead to revenue losses while increasing maintenance needs and capital expenditures. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report American Electric Power Company, Inc. (AEP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"
EXC,2025-08-18,44.6,44.71,43.865,44.0,"[""ComEd Restores Power to 80 Percent of Customers Impacted by Pair of Weekend Storms Restoration response continues to restore all customers following strong storms and high winds CHICAGO, August 17, 2025--(BUSINESS WIRE)--Following two rounds of storms that both included high winds of up to 70 mph across all of northern Illinois Saturday and Sunday, ComEd crews have restored power to more than 80 percent of impacted customers. Some of the hardest hit areas from this afternoon\u2019s storms included Crystal Lake, DeKalb, Joliet, Mount Prospect, Rockford, and Skokie. Approximately 40,000 customers remain without power as of 10 a.m. Sunday. Over 500 ComEd crews are deployed throughout the region and will soon be joined by 33 additional crews Sunday afternoon. All crews will continue to work around the clock to restore service to all remaining customers as quickly and safely as possible. Based on storms of similar magnitude, ComEd expects power to be restored to nearly all of these customers by 2 p.m. Monday. When responding to power outages caused by storms, ComEd\u2019s priority is to restore critical facilities such as police and fire stations, nursing homes and hospitals first, followed by repairs that will restore power to the greatest number of customers. \""Safely restoring power to all our customers impacted by this weekend\u2019s storms remains our number one priority, and our dedicated crews are working around the clock to bring all affected customers back,\"" said David Perez, executive vice president and COO of ComEd. \""We recognize that losing power at any time can be frustrating, and we appreciate our customers\u2019 patience as we continue to assess damage throughout the region and restore power.\"" Climate change has increased the frequency and intensity of severe weather. ComEd has been investing in power grid upgrades and tree trimming to minimize the impact of storms. Since smart grid upgrades began in 2011, ComEd has avoided more than 24.7 million power outages and improved overall reliability by more than 57 percent. In 2024, ComEd was named most reliable utility in the Midwest. Public safety is paramount, and ComEd encourages customers to take the following precautions: If a downed power line is spotted, immediately call ComEd at 800-EDISON1 (800-334-7661). Spanish-speaking customers should call 800-95-LUCES (800-955-8237). Never approach a downed power line. Always assume a power line is extremely dangerous and energized. In the event of an outage, do not approach ComEd crews working to restore power to ask about restoration times. Crews may be working on live electrical equipment, and the perimeter of the work zone may be hazardous. ComEd urges customers to contact the company immediately if they experience a power outage. Customers can text OUT to 26633 (COMED) to report an outage and receive restoration information and can follow the company on Twitter @ComEd or on Facebook at Facebook.com/ComEd. Customers can also call 800 EDISON1 (800-334-7661), or report outages via the website at ComEd.com/Report. Spanish-speaking customers should call 800-95-LUCES (800-955-8237). With ComEd\u2019s new Outage Tracker, customers can report outages, check estimated time of restoration, view crew status updates, and explore our outage map. Visit ComEd.com/OutageTracker. ComEd\u2019s mobile app for iPhone and Android\u00ae smart phones gives customers the ability to report power outages and manage their accounts; download the app at ComEd.com/App. ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation\u2019s largest utility companies, serving more than 10.7 million electricity and natural gas customers. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state's population. For more information visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X, and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20250817343345/en/ Contacts ComEd Media Relations 312-394-3500"", ""Exelon's ComEd Restores Power to 80% of Customers Impacted by Illinois Storms Exelon's (EXC) ComEd unit said Sunday it has restored power to 80% of customers who lost electricity""]"
EXC,2025-08-19,44.12,44.77,44.01,44.74,
EXC,2025-08-20,44.895,45.47,44.74,44.88,"[""18 Illinois Communities Receive a Total of $150,000 in Environmental Grants from ComEd, Openlands 13th Annual ComEd Green Region Program Awards Grants up to $150,000 to enhance green spaces across northern Illinois CHICAGO, August 19, 2025--(BUSINESS WIRE)--In their longstanding collaboration to create sustainable communities and maintain natural environments, ComEd and Openlands announced the 18 grant recipients of the 2025 Green Region Grant Program. This year, grants of up to $10,000 each, totaling over $150,000, were awarded to support preservation projects, expand habitats, combat climate change and create environmental education spaces in northern Illinois communities. \""ComEd proudly invests in the communities we serve across northern Illinois, and through our longstanding partnership with Openlands, we are supporting community-driven projects that will enhance green spaces all across northern Illinois,\"" said Melissa Washington, Senior Vice President of Customer Operations and Strategic Initiatives. \""This latest round of grant recipients features a diverse mix of projects to expand pollinator sites, curb the effects of climate change, and drive environmental innovations that will substantially impact the daily lives of our customers and communities throughout the region.\"" Since the grant program\u2019s launch in 2013, over $2.45 million in funding has been distributed across nearly three hundred conservation projects in local communities. This includes the support of over 86,000 feet of ADA-accessible trails, 1,800 acres of restored land and the planting of almost 39,000 new trees. This year, special consideration was given to projects that help the region adapt to climate change and support pollinator conservation. The program is funded by ComEd and administered by Openlands. \""Real change in our region requires cross-sector collaboration. Since 2013, the ComEd Green Region Grant has been made possible through a strong partnership between ComEd and Openlands. Together, we\u2019re expanding and protecting pollinator habitats, restoring green spaces, and empowering communities to care for the natural areas that sustain us all. This partnership is advancing our shared vision for a more biodiverse, climate-resilient region\u2014where people and nature thrive together,\"" said Michael Davidson, President & CEO of Openlands. Details of the Green Region Grant Program can be found at Openlands.org/GreenRegion. The 18 recipients and their funded projects of the 2025 Green Region Grant Program are: The Conservation Foundation (Algonquin) in partnership with Friends of Dundee Natural Areas and Dundee Township, will restore four acres of prairie at Dixie Briggs Fromm Nature Preserve in Dundee Township. This restoration will provide a protective buffer for the preserve\u2019s extremely rare dry prairie. Chicago Park District (Chicago) will convert an abandoned parcel within the North Park Village Complex into an interactive native plant propagation workshop. They will install a greenhouse and grow pollinator-friendly and climate resilient species to improve the Nature Center. Friends of Gray PTO (Chicago) will support the Gray School Native Garden, which will provide a natural, calming gathering space for students. This project will demonstrate climate resiliency, conservation and solutions to stormwater management. Just Roots (Chicago) will use regenerative practices to plant a variety of trees, shrubs, and grasses at It Takes A Village Community Farm. This will enhance soil quality, improve water retention, attract pollinators and expand biodiversity. Latinos Progresando (Chicago) will focus on maintenance and community conservation at the Hammond Elementary Green Schoolyard, which was created in 2024. The space features a sensory garden which is home to 500 plants and over 40 pollinator species. Logan Square Preservation (Chicago) will transform an underutilized lot into a pollinator garden and vibrant green space. Built in honor of Norwegian immigrant and artist Emil Biorn, it will offer Logan Square residents a place to gather and connect with nature. NeighborSpace (Chicago) will create La Esquinita Community Garden in Little Village. The garden will be composed of trees, perennials including native milkweed, and a play area surrounded by culturally relevant signage. Origin Woods Restoration (Chicago) through Voice of the City, will restore a .83-acre property in West Pullman with pre-settlement trees and native perennials. This will be the beginning stages of the community\u2019s larger restoration plan. DeKalb Regional Office of Education (DeKalb) will be creating Toddler Gardens which will provide a space for young children and their families to learn about nature through brain-boosting activities. Climate Action Evanston (Evanston) will support their program Edible Evanston, which captures rainwater to mitigate the challenges of dramatic rainfall. This will provide a haven for native plants, fruits and wildlife. Flossmoor School District 161 (Flossmoor) through the Parker Junior High School Green Team and in partnership with the Flossmoor Green Commission, will create a pollinator garden on school grounds. The garden will provide students with hands-on environmental education and sustainability awareness. City of Harvard (Harvard) will plant a variety of oak trees in Lions Park to expand their established oak habitat. Oak trees have the highest habitat value for many pollinators, so the increased population will provide for more butterflies and birds. North Chicago CUSD 187 (North Chicago) will redevelop the landscape at Neal Math and Science Academy by creating an outdoor learning space for 25 students. This will include new compost bins, native plants and increased student interactions with trees, birds and pollinators. Peace Village (Palos Park), a senior living facility, will restore its natural landscape and create a Monarch Waystation; they will also be removing invasive species. All efforts will benefit its senior residents and local community. Forest Preserve District of DuPage County (Warrenville) will construct a greenhouse in its Native Plant Nursery. The nursery is expected to double the District\u2019s native seed collection and distribution efforts. This project will ensure the protection of local biodiversity and increase natural pollinators. The Theosophical Society in America (Wheaton) will purchase 50 trees for their 42-acre Level 1 public arboretum. Included in this will be place-based education in the form of a smartphone-based tree tour and research tool for visitors. Friends of the Woodstock Public Library (Woodstock) will partner with environmental nonprofits to create walking paths to encourage patron exploration and reimagine the land to establish native pollinator habitats and increase biodiversity. Kendall County Forest Preserve District (Yorkville) will complete trail construction to connect three forest preserves. This will support restoration of preserved lands which include a pollinator support habitat for the rusty patch bumblebee. View source version on businesswire.com: https://www.businesswire.com/news/home/20250819456151/en/ Contacts ComEd Media Relations 312-394-3500"", ""Exelon Corporation (NASDAQ:EXC) is largely controlled by institutional shareholders who own 87% of the company Given the large stake in the stock by institutions, Exelon's stock price might be vulnerable to their trading decisions The top 14 shareholders own 50% of the company Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Every investor in Exelon Corporation (NASDAQ:EXC) should be aware of the most powerful shareholder groups. We can see that institutions own the lion's share in the company with 87% ownership. Put another way, the group faces the maximum upside potential (or downside risk). Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. In the chart below, we zoom in on the different ownership groups of Exelon. View our latest analysis for Exelon Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. As you can see, institutional investors have a fair amount of stake in Exelon. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Exelon's earnings history below. Of course, the future is what really matters. Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. We note that hedge funds don't have a meaningful investment in Exelon. The Vanguard Group, Inc. is currently the company's largest shareholder with 13% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 11% and 6.3%, of the shares outstanding, respectively. Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 14 shareholders, meaning that no single shareholder has a majority interest in the ownership. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our data suggests that insiders own under 1% of Exelon Corporation in their own names. Being so large, we would not expect insiders to own a large proportion of the stock. Collectively, they own US$25m of stock. Arguably recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling. The general public-- including retail investors -- own 13% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Case in point: We've spotted 2 warning signs for Exelon you should be aware of, and 1 of them is a bit unpleasant. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned."", ""ComEd Urges Customers to Take Advantage of ComEd Bill-Support Options Available Amid Peak Energy Usage Season Following Aug. 15 end of LIHEAP funding season, customers still have support options CHICAGO, August 20, 2025--(BUSINESS WIRE)--As northern Illinois continues to experience hotter-than-normal summer temperatures, ComEd encourages customers to explore the wide range of programs it offers to help with past-due balances, as well as offerings that can help them manage energy use to save money on future bills. Increased usage this summer and the end of the Low-Income Home Energy Assistance Program (LIHEAP) funding season on Aug. 15 make the need for energy assistance more important than ever. \""We know that for many customers, every dollar matters \u2014 and a higher electric bill can be stressful, especially in the summer when kids were on break and cooling the home is essential,\"" said Melissa Washington, ComEd's SVP of Customer Operations and Strategic Initiatives. \""To help with the rise in energy costs this summer, driven in part by hotter-than normal temperatures and rising supply market costs, ComEd is reminding customers to take advantage of bill-support options to help make ends meet. So far this year, these programs have helped connect over 130,000 customers with more than $65 million in relief and we continue to work with state and community partners to reach those in need.\"" Rising bills are driven in part by this summer\u2019s severe and prolonged heat, with the region already experiencing nearly 30 days with temperatures at or above 90\u00b0F, up from the average summer with just 17 days reaching 90\u00b0F. Energy usage has increased by as much as 15 percent in July alone, as customers turn to air conditioning and fans to stay safe and comfortable. What\u2019s more, rising supply charges stemming from the PJM auction reflect the cost of rising demand and fewer available generation resources. To make it easier for customers to access ComEd support options, the company works with community action agencies across northern Illinois to help connect customers with bill-assistance options that get them back on track. \""At CEDA, we see firsthand how critical energy assistance is for families, especially during extreme weather and with the rise in utility costs,\"" said Latoya Butler, Vice President of Energy Services at CEDA. \""We encourage households to explore ComEd\u2019s bill support programs today and to prepare for the opening of the new LIHEAP season on October 1. Taking action ensures families can stay safe, comfortable, and connected to the resources they need.\"" For customers who may need assistance with their bills, regardless of whether they qualified during the current LIHEAP cycle, ComEd encourages them to take advantage of its menu of assistance and energy-savings options. ComEd's Supplemental Arrearage Reduction (SARP), which is available to ComEd residential customers who qualify to receive energy-assistance benefits from LIHEAP. Catch Up and Save: A two-part program that provides monthly credits to an eligible customer's bill to eliminate past-due balances, as well as a free energy savings kit \u2013 while supplies last \u2013 to help families save on future energy bills. Each kit includes home products designed to help lower home energy use while improving the efficiency of the home. A flexible deferred payment arrangement of up to 12 months for eligible residential customers with past-due balances. Make a down payment on the amount owed and pay the rest through installments in addition to your regular monthly bill. Budget billing, which provides a predictable monthly amount due based on your electricity usage from the last 12 months. Flexible payment options like 21-day extensions on a customer's due date. High-usage alerts, which let customers know when their usage is trending higher than normal to help manage overall energy use, and energy-management tips to save money now and on future energy bills. Community solar allows customers to participate in the benefits of clean solar energy without installing panels on their own homes. Participants subscribe to a solar energy project and earn credits on their monthly utility bills for their portion of the energy produced by the solar project. Energy-efficiency offerings, including services and incentives designed for income-eligible residential customers which can help reduce energy use now and in the future. In anticipation of energy costs rising and the hot weather season, in June, ComEd launched a one-time Customer Relief Fund to support residential and nonprofit customers. Once fully disbursed later this summer, ComEd anticipates the fund will help as many as 20,000 residential and nonprofit customers who are behind in their energy bills. This program acts as a bridge to additional permanent solutions for low-income customers, with the launch of the Low-Income Discount (LID) program next year. LID will enable qualifying income-eligible customers to receive a percentage-based discount on their monthly electric bill determined by income level. Customers can visit ComEd.com/BillSupport to learn more about and enroll in programs to help them with their current and future energy bills. Additionally, ComEd teams up with community agencies and organizations to host a variety of award-winning resource fairs where customers can connect live, in real-time, with ComEd billing specialists. ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation\u2019s largest utility companies, serving more than 10.7 million electricity and natural gas customers. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state's population. For more information visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X, and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20250820138780/en/ Contacts ComEd Media Relations 312-394-3500""]"
EXC,2025-08-21,44.72,45.045,44.515,44.64,"[""Morgan Stanley Adjusts Price Target on Exelon to $50 From $49, Maintains Equalweight Rating Exelon (EXC) has an average rating of hold and mean price target of $47.08, according to analysts po"", ""Ascensus Names Jeri Hawthorne Chief Human Resources Officer DRESHER, Pa., Aug. 21, 2025 /PRNewswire/ -- Ascensus announced that career HR executive Jeri Hawthorne has joined the company as its Chief Human Resources Officer. She will report to Ascensus Chair and CEO David Musto and be based at the company's Dresher, PA, headquarters. \""We are delighted to welcome Jeri Hawthorne to Ascensus at a time of significant transformation in our industry and across our company,\"" said Musto. \""Her experience and perspective from leading organizations with a like commitment to client and employee experience excellence will be enormously valuable as we evolve the scale, solutions, and culture of our own business.\"" Hawthorne comes to Ascensus from Aflac, where she most recently served as Chief Human Resources Officer . Prior to that she was Head of Human Resources for Campbell and Company, a privately held quantitative hedge fund. Prior to Campbell, she served as Head of Talent and Leadership Development at Exelon, the largest energy parent company in the U.S., and led teams of business partners for Exelon's competitive energy business, Constellation. Earlier in her career, Hawthorne held senior HR roles at T. Rowe Price and the U.S. Pharmacopeia. She also worked in international human resources at Novo Nordisk A/S while an expatriate in Denmark. She has a Bachelor of Arts degree from Wheeling Jesuit University and a Master of Science degree from the University of Bath, UK. She succeeds Amy Walker, who will remain with the company until mid-September to support the leadership transition. About Ascensus Ascensus is a market-leading enabler of tax-advantaged savings\u2014providing technology, services, and expertise that help nearly 16 million people save for a better today and tomorrow. The company is a premier savings program service provider, third-party administrator, and government savings facilitator. Its platforms, industry knowledge, and data-based insights enhance the growth and success of its partners, their clients, and savers through co-branded, private-labeled, and governmental partnerships. Ascensus offers comprehensive qualified and nonqualified retirement plan solutions, third-party retirement plan administration, 529 education and ABLE savings program administration, corporate- and bank-owned life insurance solutions, and fiduciary and total rewards services. The company's brands include Ascensus; Newport, an Ascensus company; and FuturePlan by Ascensus. Ascensus has more than $892 billion in assets under administration and employs more than 5,000 associates as of June 30, 2025. For more information, visit ascensus.com and ascensus.com/newport. View original content to download multimedia:https://www.prnewswire.com/news-releases/ascensus-names-jeri-hawthorne-chief-human-resources-officer-302535854.html SOURCE Ascensus""]"
EXC,2025-08-22,45.05,45.12,44.54,44.969,
EXC,2025-08-25,44.91,44.975,44.57,44.6,
EXC,2025-08-26,44.6,44.795,44.27,44.42,"Investors in Exelon (NASDAQ:EXC) have seen strong returns of 102% over the past five years If you buy and hold a stock for many years, you'd hope to be making a profit. Better yet, you'd like to see the share price move up more than the market average. But Exelon Corporation (NASDAQ:EXC) has fallen short of that second goal, with a share price rise of 21% over five years, which is below the market return. However, if you include the dividends then the return is market beating. Looking at the last year alone, the stock is up 17%. So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During five years of share price growth, Exelon actually saw its EPS drop 0.7% per year. Since EPS is down a bit, and the share price is up, it's probably that the market previously had some concerns about the company, but the reality has been better than feared. In the long term, though, it will be hard for the share price rises to continue without improving EPS. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). Dive deeper into Exelon's key metrics by checking this interactive graph of Exelon's earnings, revenue and cash flow. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Exelon the TSR over the last 5 years was 102%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return. It's nice to see that Exelon shareholders have received a total shareholder return of 22% over the last year. That's including the dividend. That's better than the annualised return of 15% over half a decade, implying that the company is doing better recently. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. It's always interesting to track share price performance over the longer term. But to understand Exelon better, we need to consider many other factors. Case in point: We've spotted 2 warning signs for Exelon you should be aware of, and 1 of them can't be ignored. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned."
EXC,2025-08-27,44.35,44.52,44.2025,44.39,"Why Exelon (EXC) is a Great Dividend Stock Right Now All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Headquartered in Chicago, Exelon (EXC) is a Utilities stock that has seen a price change of 18.01% so far this year. The energy company is currently shelling out a dividend of $0.40 per share, with a dividend yield of 3.6%. This compares to the Utility - Electric Power industry's yield of 3.15% and the S&P 500's yield of 1.49%. Looking at dividend growth, the company's current annualized dividend of $1.60 is up 5.3% from last year. Over the last 5 years, Exelon has increased its dividend 3 times on a year-over-year basis for an average annual increase of 0.70%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Exelon's current payout ratio is 60%, meaning it paid out 60% of its trailing 12-month EPS as dividend. EXC is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2025 is $2.69 per share, which represents a year-over-year growth rate of 7.60%. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. But, not every company offers a quarterly payout. High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, EXC is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"
EXC,2025-08-28,44.33,44.33,43.665,43.76,"ComEd Customers Save $12 Billion Through Award-Winning Energy Efficiency Program ComEd’s EE Program, One of the Largest in the Nation, Continues to Help New Customers Reduce Energy Usage and Costs, While Saving Enough Energy to Power 12 Million Homes for a Whole Year CHICAGO, August 27, 2025--(BUSINESS WIRE)--ComEd today announced that its industry-leading Energy Efficiency (EE) Program has helped customers save more than $12 billion on their energy bills since its launch in 2008. This achievement reflects the dedication of partners, customers and communities working together to build a cleaner, more efficient energy future. The milestone was celebrated at Fox Ridge Apartments, a 48-unit complex in South Elgin, IL, which received a $302,000 rebate through the award-winning program for extensive energy-efficiency upgrades including lighting, heat pumps and weatherization. ""ComEd is proud to support our customers with EE offerings that can help families and businesses reduce energy use, lower bills and contribute to a cleaner environment,"" said Melissa Washington, Senior Vice President of Customer Operations and Strategic Initiatives at ComEd. ""This milestone reflects our commitment to empowering customers to switch to energy-saving technologies and practices that can help reduce energy usage during peak summer season and year-round."" EE provides customers a viable way to reduce their own energy usage and costs, at a time when typical ComEd bills have seen a recent increase due to increases in capacity market prices alongside higher usage with this summer’s extreme heat. Customers who participate in EE offerings receive incentives for products that range from appliances to heating and cooling systems. To support customers, the ComEd EE Program, which has expanded annually since its launch in 2008, delivers an estimated $223 million in customer incentives each year. These incentives help offset the cost of upgrades that improve energy efficiency and reduce carbon emissions, while also creating opportunities for local contractors and tradespeople. ""I am always looking for ways to improve the living experience for our residents, and thanks to ComEd’s Energy Efficiency Program, we received a $302,000 rebate that helped us install new lighting, heat pumps and weatherization improvements,"" said Vijay Gupta, owner of Fox Ridge Apartments. ""Our residents are already seeing the difference—lower bills, better temperature control and a more comfortable home. These improvements will continue to pay off for years to come."" The impact of the EE Program goes beyond the individual customer savings. Since 2008, the program has helped curb usage of 103 million megawatt-hours of electricity. This is enough energy to power more than 12 million ComEd customer homes for one year. The program has also helped avoid more than 77 billion pounds of carbon emissions that contribute to climate change, which is the equivalent of removing 8.2 million cars from the road for one year or planting more than 35 million acres of trees. ""Energy efficiency remains one of the most effective tools for building a cleaner, more affordable energy future,"" said Paige Knutsen, Executive Director of the Midwest Energy Efficiency Alliance (MEEA). ""Efficiency programs help families and businesses use energy smarter, reduce costs, and strengthen the reliability of our energy systems. ComEd's leading energy efficiency program is a strong example for how we can support customers in taking energy management into their own hands and lower energy expenses for families that need it most."" Today’s announcement was attended by local leaders and energy stakeholders, including South Elgin Deputy Village Administrator Megan Golden, South Elgin Community Development Director Nancy Hill, Illinois Commerce Commissioner Stacey Paradis, State Representative Dan Ugaste and Executive Director of MEEA Paige Knutsen. For more information about the ComEd Energy Efficiency Program, visit ComEd.com/Programs. Business customers can visit ComEd.com/ForYourBusiness. ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation’s largest utility companies, serving more than 10.7 million electricity and natural gas customers. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population. For more information, visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20250827936239/en/ Contacts ComEd Media Relations 312-394-3500"
EXC,2025-08-29,43.79,43.89,43.54,43.68,
EXC,2025-09-02,43.63,43.71,43.155,43.37,
EXC,2025-09-03,43.58,43.6222,42.895,43.39,"ComEd Receives National Recognition for Bringing Jobs and Economic Growth to Illinois ComEd’s leading reliability, community engagement and infrastructure make it a top national utility for attracting business development projects CHICAGO, September 02, 2025--(BUSINESS WIRE)--ComEd is again named a national leader when it comes to boosting jobs and investments across northern Illinois, based on the latest recognition by Site Selection Magazine. Today, the publication released its annual Top Utilities in Economic Development, recognizing ComEd for its nation-leading grid and daily economic development work that position the region for economic growth. This marks the 11th time ComEd has earned the Top Utilities distinction and the fourth time in the last five years. Year after year, grid enhancements put ComEd’s reliability track record as one of the best in the nation, making the region a highly sought destination for companies with power intensive needs. ""At ComEd we recognize that access to reliable power is fundamental to growing the economy, and businesses of all sizes can find it here in northern Illinois,"" said Gil Quiniones, President and CEO of ComEd. ""This region offers best-in-class infrastructure, along with a top notch workforce — it's no wonder we’re a top choice for investments that bring thousands of jobs a year to our communities."" Based on a review of corporate relocations and expansion data from 2024, Site Selection finds that ComEd’s investments in modern infrastructure and engagement with employers, communities and the workforce once again place the company in the top category for U.S. utilities. ComEd continues to drive new levels of business growth to the region every year, with the economic development team helping secure 15 new commercial projects last year alone, with these plans set to add nearly 1,400 jobs and more than $17 billion in local capital investment from those new companies. ""From grid and transmission improvements to energy efficiency, EV programs, solar development and workforce development, ComEd covers the waterfront when it comes to all-around economic development leadership,"" said Adam Bruns, editor in chief of Site Selection, noting the contribution that solid infrastructure investment made in helping Illinois rank No. 4 in the nation in the September issue’s Global Groundwork Index rankings. ""Of particular note is the ComEd team’s thought and action leadership when it comes to dealing with the unprecedented high-load power demand from data centers."" ComEd is making investments to support its customers’ growing power demands, while upholding its commitment to affordability and reliability. Last year the company was named the most reliable utility in the Midwest, and it demonstrated a best on record reliability performance, even amid a record number of storms and severe weather facing the region. Since investments began in the Smart Grid program, customers are seeing 57 percent fewer outages. This translates to real savings for businesses, with an estimated $4.3 billion in avoided outage-related costs incurred. ""We're proud to see ComEd recognized again as one of the nation's top utilities, as our partner plays an invaluable role in supplying northern Illinois businesses and residents alike with the energy they need to thrive,"" said Christy George, president and CEO of the Illinois Economic Development Corporation. ""Illinois' robust and reliable infrastructure is consistently a major draw for growing companies, underscoring ComEd's contributions to our state's standing as a global business powerhouse."" Business development projects supported by ComEd in the last year run the gamut of industries and include quantum computing, data centers, logistics, and a range of manufacturing projects, from pharmaceutical to solar. Many cite ComEd’s leading reliability as a key driving factor for their decision to locate here in northern Illinois. ""ComEd has been a tremendous partner to PsiQuantum from the start. They supported us in our first meetings with the state and showed the creativity and can-do attitude that gave us confidence to grow in Illinois,"" said Josh Richman, Executive Vice President of Market Development, PsiQuantum. ""Their business-friendly approach continues to create opportunities for innovation, investment, and economic growth both at the IQMP and across Illinois."" In addition to strong infrastructure and reliability, businesses looking to grow in northern Illinois have access to a range of clean energy programs aimed at helping them meet their sustainability goals, including solar rebates, EV and fleet funding and an energy efficiency portfolio providing about $170 million in business incentives last year alone. ComEd also maintains competitive rates and bills that are among the lowest in the Midwest, with the average commercial and industrial customers paying about 21 percent and 37 percent less, respectively, than customers in the top 20 metropolitan areas, and less than the national bill average, according to EEI rate reports for 2024. ""Power is now one of the most important factors in site selection, and ComEd’s outstanding reliability and access to clean and competitive power are a key reason that businesses are deciding to grow and relocate in Grundy County and across northern Illinois,"" said Nancy Norton, President and CEO of Grundy County Economic Development. ""In addition to its strong infrastructure, the team at ComEd is instrumental in the planning process and works to support businesses as they develop, launch and chart their growth for the future."" ComEd is one of two Exelon utilities recognized this year by Site Selection, with peer operating company PECO also making the list of top utilities this year. To read the 2025 Top Utilities Rankings, click here. About ComEd ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 250 energy company, a Fortune 200 company and one of the nation’s largest utility companies, serving more than 10.7 million electricity and natural gas customers. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state's population. For more information visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X, and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20250902845277/en/ Contacts ComEd Media Relations 312-394-3500"
EXC,2025-09-04,43.7,43.98,43.12,43.34,"Lendistry Continues to Help Local Communities Prosper With $5 Million Investment From Exelon Through this partnership, one of the nation's largest energy delivery companies aims to support economic opportunity and expand access to capital for small businesses. LOS ANGELES, CALIFORNIA / ACCESS Newswire / September 3, 2025 / Lendistry, a nationwide small business lender and Community Development Financial Institution (CDFI), announces today that it recently received a $5 million initial investment from Exelon through the energy company's Community Impact Capital Fund. The Exelon Community Impact Capital Fund helps expand capital access to undercapitalized businesses within Exelon's service areas so they can create more jobs, grow their businesses and reinvest in their communities. The fund is managed in partnership with RockCreek. ""We appreciate Exelon for choosing Lendistry to help them execute their mission,"" says Lendistry CEO, Everett K. Sands. ""The Exelon team truly understands the connection between small businesses and local prosperity, and their investment in Lendistry will energize their service areas with economic empowerment."" ""We're not only delivering energy, we aim to be an economic engine in the communities we serve,"" said Exelon Executive Vice President and Chief Operating Officer, Mike Innocenzo. ""We believe that empowering community-based businesses is one of the key ways we can promote long-term, sustainable growth and we're proud that our Community Impact Capital Fund is already creating opportunities."" Exelon's investment prioritizes businesses located in Chicago, IL, Atlantic City, NJ, Baltimore, MD, Philadelphia, PA, Washington, DC, Wilmington, DE and surrounding areas. Lendistry will utilize its technology and network of community partnerships to deploy these funds to small businesses that are undercapitalized but ready to grow and create jobs. About Lendistry Lendistry (lendistry.com) is a tech-enabled small business lender, grant administrator for private and public agencies, and a trusted resource for undercapitalized entrepreneurs including people of color, veterans, and those in rural communities. Founded in 2015, Lendistry has used technology and community partnerships to deploy over $10 billion in its first ten years. Lendistry was recently named the winner of the LA Area Chamber of Commerce Corporate Leadership Award, BankRate's Best Minority-Led Business Lender, and one of American Banker's Best Places to Work in Fintech. Lendistry has both Community Development Financial Institution (CDFI) and Community Development Entity (CDE) certifications, is an SBA Preferred Lender and is now the #2 non-bank SBA 7(a) lender in the country. In collaboration with The Center by Lendistry, a nonprofit business education organization, Lendistry helps business owners achieve their goals and prepare to scale. About Exelon Exelon (Nasdaq:EXC) is a Fortune 200 company and one of the nation's largest utility companies, serving more than 10.7 million customers through six fully regulated transmission and distribution utilities - Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco. Exelon's 20,000 employees dedicate their time and expertise to supporting our communities through reliable, affordable and efficient energy delivery, workforce development, equity, economic development and volunteerism. Contact Information Kate Kearns Sr. Communications Manager communications@lendistry.com SOURCE: Lendistry View the original press release on ACCESS Newswire"
EXC,2025-09-05,43.63,43.68,43.155,43.43,"ComEd, League of Chicago Theatres Award $230,000 in Grants to Power Cultural Programs, Expand Access to Arts 2025 Powering the Arts Program Awards Grants up to $25,000 Each to 21 Local Nonprofit Organizations CHICAGO, September 04, 2025--(BUSINESS WIRE)--ComEd and the League of Chicago Theatres are proud to announce the latest recipients of the Powering the Arts Grant Program, launching projects focused on cultural embracement and access to arts programs in 21 communities across northern Illinois. This latest cohort of grants reflects a long-standing partnership between ComEd and League of Chicago Theatres to sponsor grants for local nonprofits that enable projects to expand access to the arts. Now in its eighth year, the Powering the Arts Grant Program will award a total of $230,000 to local nonprofits in 2025. ""ComEd is proud to partner with the League of Chicago Theatres to support local arts initiatives that enrich our neighborhoods,"" said Melissa Washington, senior vice president of government, regulatory and external affairs at ComEd. ""This year’s grantees truly embody that mission—each project celebrates the vibrancy of our communities and expands access to the arts across the region."" The Powering the Arts Program has delivered more than $1.2 million in funding to 132 different arts and cultural projects since it launched in 2018. This year’s grant recipients embody a wide range of inclusive efforts, ranging from increased youth programming to new accessibility features for individuals with sensory impairments. Since 2018, ComEd has partnered with the League of Chicago Theatres, a coalition of over 200 theatres, to administer this program. Through this partnership, ComEd provides program funding, and an external panel of judges reviews the applications. The League of Chicago Theatres then distributes the awards. Grant recipients match ComEd’s contribution with their own funding of equal or greater value. ""At the League of Chicago Theatres, we believe that art is essential to the quality and vitality of our communities,"" said Executive Director at the Chicago League of Theatres, Marissa Lynn Jones. ""Our partnership with ComEd through the Powering the Arts Program amplifies this belief by empowering local communities to innovate, engage, and inspire through arts and culture. Together, we are expanding access to the transformative power of the arts and ensuring that diverse cultures continue to thrive."" Below is a summary of ComEd’s 21 Powering the Arts grant recipients for 2025: 3 Seeds Mentoring Group will expand its Podcast Studio initiative to serve more Black, Hispanic and multiracial youth in Hazel Crest, Country Club Hills and Markham by embedding hands-on media production training into local schools and libraries. Chicago Latino Theater Alliance will expand its Destinos: Chicago International Latino Theater Festival to present bilingual productions from Chicago, the U.S. and Latin America, engaging diverse audiences across the city and amplifying Latino voices through accessible programming and growing its audience to over 10,000 participants. Chicago Symphony Orchestra (CSO) Association will expand its CSO for Kids program to provide free and low-cost access to live orchestral performances and music education for over 25,000 children and families, especially in underserved communities. Citadel Theatre will implement a Wi-Fi-assisted listening system to enhance accessibility for patrons with hearing impairments, senior citizens and others who struggle with traditional devices, ensuring they can fully enjoy live performances. CityPoint Community Church will expand Black & Bronze: A Bronzeville Music Fest by supporting intergenerational programming, youth dance competitions, and partnerships with local businesses, artists and cultural organizations to deepen community engagement and ensure the festival reaches over 2,500 attendees. The Connecting Routes Project will present interactive performances across ComEd’s service area, combining Playback Theatre, community storytelling and recording stations to build a shared Story Archive, while offering workshops and story circles that deepen engagement and lay the foundation for a future touring production shaped by the voices of participating communities. ConTextos Chicago will maintain public access and staffing for its newly transformed first-floor gallery in the evenings and on weekends, expanding access to the work of their authors while supporting year-round storytelling, healing and youth programming. Elmhurst Centre for the Performing Arts will deepen its support for the veteran community by producing a dedicated performance in 2026 that includes discounted tickets and recognition of veterans. The Emerald Avenue Foundation, Inc. will introduce its Lyrics & Lemonade program on Chicago’s South Side by launching hands-on workshops in visual arts, music production, fashion design and multimedia storytelling, paired with business training, mentorship, youth art exhibitions and pop-up creative markets to empower underserved young creatives to turn their talents into sustainable careers. Evanston Symphony Orchestra Association will launch a new sensory-friendly holiday concert designed for individuals with disabilities, offering adjusted lighting and sound, flexible seating and a welcoming environment for vocalization and movement. Green Star Movement will launch a new intergenerational mural cohort, engaging at-risk youth and isolated seniors in collaborative public art that fosters creative expression, community pride and cross-generational connection through 24 sessions of programming. Heritage Museum of Asian Art will collaborate with Timeline Theatre and the Chicago International Puppet Festival to co-create performances, workshops and exhibitions that engage immigrant teens, seniors and multigenerational families in Chinatown, Uptown and Argyle. Hyde Park School of Dance will expand accessibility across Chicago’s South Side by integrating ASL interpretation into performances, offering professionally filmed shows for remote audiences and hosting community screenings with live dancer visits, as well as free senior dance classes, subsidized tickets and transportation for public school students and refugee families. ISPro Academy will engage underserved youth from Chicago’s South and West Sides in a ten-week sound design program using professional audio tools and the CLEAT spatial audio system, culminating in a public performance at Elastic Arts with hands-on training, stipends, transportation and post-program career development. Lookingglass Theatre Company will expand its free, citywide summer series, Lookingglass Outdoors, by adding eight artist-led community workshops, integrating local participants into performances, hosting a culminating family day at its home theatre and providing year-round transportation to mainstage shows for residents from historically underrepresented neighborhoods. Pec Playhouse Theatre will rebuild its community theatre in a newly purchased, ADA-accessible facility by upgrading electrical infrastructure to support HVAC, lighting and theatre equipment, expanding access for seniors and disabled patrons, restoring full-scale productions and revitalizing downtown Pecatonica through arts, volunteerism and economic impact. Red Line Service Institute will expand its Puppet-of-Care initiative in North Lawndale by building new lantern puppets with houseless artists, co-creating scripts with a professional writer, activating the puppets at six public events and documenting the project’s community engagement model with an architectural journalist, while establishing consistent monthly programming at local venues to build a sustained, inclusive arts presence in the neighborhood. South Chicago Dance Theatre will expand The Josephine Project to deliver 100 hours of weekly intergenerational dance programming for 30 youth and 60 seniors in South Shore, integrating physical wellness, emotional development, financial literacy and workforce training, culminating in a public performance and published data to support future community arts planning. Synapse Arts will offer the Full Radius Integrated Dance Training Series, including a community workshop, four-day intensive and teacher certification program led by Douglas Scott to train dancers, educators and disabled artists in inclusive movement practices; and will extend the impact through new adaptive classes, collaborative performances and ongoing programming with partners like Unfolding Disability Futures, UIC and the Chicago Park District. Teatro Vista Productions will expand its Teatro For All initiative by offering ASL-interpreted performances, post-show discussions, and increased access to discounted tickets, engaging underserved audiences including students, seniors, artists and the Latine and Deaf communities through strategic outreach and sustained partnerships. Wilmette Theatre Education Project will expand its inclusive arts programming by adding sensory-sensitive screenings, enhancing hearing-impaired accessibility, increasing cultural heritage film events, hosting affordable music and comedy nights and showcasing local filmmakers, reaching 5,000 new audience members and sustaining long-term engagement through community partnerships, loyalty programs and adaptive programming. ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation’s largest utility companies, serving more than 10.7 million electricity and natural gas customers. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population. For more information, visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20250904326105/en/ Contacts Media Relations 312-394-3500"
EXC,2025-09-08,43.525,43.525,42.7525,43.02,
EXC,2025-09-09,43.015,43.37,42.87,43.09,
EXC,2025-09-10,43.05,43.45,42.89,43.32,
EXC,2025-09-11,43.25,43.54,43.07,43.5,
EXC,2025-09-12,43.35,43.63,43.21,43.38,
EXC,2025-09-15,43.37,43.67,43.135,43.43,
EXC,2025-09-16,43.38,43.555,42.705,42.73,
EXC,2025-09-17,42.96,43.33,42.8446,43.225,
EXC,2025-09-18,42.95,43.38,42.58,43.095,
EXC,2025-09-19,43.2,43.53,42.82,43.41,
EXC,2025-09-22,43.35,43.5655,43.225,43.389,
EXC,2025-09-23,43.24,44.28,43.24,44.23,
EXC,2025-09-24,44.23,44.525,44.14,44.227,
EXC,2025-09-25,44.47,44.67,43.74,43.78,
EXC,2025-09-26,43.99,44.25,43.81,44.09,
EXC,2025-09-29,43.94,44.36,43.495,44.27,
EXC,2025-09-30,44.31,45.06,44.25,45.01,
EXC,2025-10-01,45.48,45.58,44.96,45.06,
EXC,2025-10-02,44.88,45.11,44.545,44.97,
EXC,2025-10-03,44.94,45.635,44.89,45.34,
EXC,2025-10-06,45.31,45.73,45.12,45.69,
EXC,2025-10-07,46.3,47.055,45.89,46.79,
EXC,2025-10-08,46.9,46.92,46.0577,46.62,
EXC,2025-10-09,46.75,46.97,46.5211,46.66,
EXC,2025-10-10,46.74,47.345,46.645,47.07,
EXC,2025-10-13,46.987,47.1,46.5,46.85,
EXC,2025-10-14,47.32,47.63,47.17,47.39,
EXC,2025-10-15,47.46,47.88,47.38,47.835,
EXC,2025-10-16,47.73,48.0699,47.26,47.36,
EXC,2025-10-17,47.545,48.065,47.36,47.78,
EXC,2025-10-20,48.05,48.29,47.685,48.24,
EXC,2025-10-21,48.25,48.39,47.57,48.0,
EXC,2025-10-22,47.94,48.505,47.775,48.101,
EXC,2025-10-23,48.28,48.395,47.42,47.6,
EXC,2025-10-24,47.85,48.11,47.54,48.035,
EXC,2025-10-27,47.89,48.09,47.595,48.07,
EXC,2025-10-28,48.19,48.19,47.56,47.7,
EXC,2025-10-29,47.44,47.86,46.985,47.21,
EXC,2025-10-30,47.31,47.66,46.995,47.06,
EXC,2025-10-31,46.725,46.83,46.05,46.12,
EXC,2025-11-03,45.855,46.395,45.3,46.255,
EXC,2025-11-04,47.44,48.0,45.6,46.38,
EXC,2025-11-05,46.61,46.892,46.125,46.15,
EXC,2025-11-06,46.15,46.5,45.665,45.71,
EXC,2025-11-07,45.96,46.8,45.82,46.21,
EXC,2025-11-10,45.75,46.0672,45.07,45.45,
EXC,2025-11-11,45.61,45.75,45.275,45.45,
EXC,2025-11-12,45.45,46.215,45.31,45.925,
EXC,2025-11-13,45.87,46.26,45.375,45.45,
EXC,2025-11-14,45.53,46.2,45.19,45.95,
EXC,2025-11-17,46.2,46.885,46.0101,46.59,
EXC,2025-11-18,46.585,46.85,46.22,46.36,
EXC,2025-11-19,46.35,46.46,45.41,45.555,
EXC,2025-11-20,45.67,45.96,45.275,45.405,
EXC,2025-11-21,45.46,46.095,45.38,45.74,
EXC,2025-11-24,45.99,46.53,45.29,46.23,
EXC,2025-11-25,46.27,46.3575,45.445,45.761,
EXC,2025-11-26,45.93,46.615,45.93,46.57,
EXC,2025-11-28,46.56,47.17,46.4,47.12,
EXC,2025-12-01,46.222,46.57,45.42,45.69,
EXC,2025-12-02,45.68,45.68,44.87,45.0,
EXC,2025-12-03,45.04,45.35,44.22,44.54,
EXC,2025-12-04,44.37,44.47,43.63,43.89,
EXC,2025-12-05,44.13,44.22,43.77,43.81,
EXC,2025-12-08,43.97,43.97,43.19,43.33,
EXC,2025-12-09,43.52,43.83,43.435,43.76,
EXC,2025-12-10,43.76,43.87,43.25,43.28,
EXC,2025-12-11,43.505,43.745,42.97,43.09,
EXC,2025-12-12,43.345,43.62,43.12,43.57,
EXC,2025-12-15,43.87,44.105,43.665,43.87,
EXC,2025-12-16,43.95,44.01,43.5,43.73,
EXC,2025-12-17,43.86,44.425,43.69,44.23,
EXC,2025-12-18,44.265,44.45,44.0,44.28,
EXC,2025-12-19,44.14,44.71,43.61,43.65,
EXC,2025-12-22,43.48,43.73,43.305,43.55,
EXC,2025-12-23,43.58,43.585,43.215,43.46,
EXC,2025-12-24,43.29,43.55,43.2,43.52,
EXC,2025-12-26,43.52,43.67,43.31,43.56,
EXC,2025-12-29,43.67,43.9964,43.6,43.63,
EXC,2025-12-30,43.64,43.96,43.58,43.92,
EXC,2025-12-31,43.94,43.95,43.55,43.59,
EXC,2026-01-02,43.56,44.175,43.26,43.92,
EXC,2026-01-05,43.86,43.88,42.7901,43.54,
EXC,2026-01-06,43.54,44.0,43.33,43.84,
EXC,2026-01-07,43.92,44.0,42.815,42.99,
EXC,2026-01-08,42.9,43.77,42.86,43.45,
EXC,2026-01-09,43.5,43.84,43.225,43.3,
EXC,2026-01-12,43.15,43.57,42.86,42.9,
EXC,2026-01-13,42.89,43.355,42.755,43.32,
EXC,2026-01-14,43.49,43.88,43.405,43.605,
EXC,2026-01-15,43.77,44.18,43.62,44.15,
EXC,2026-01-16,44.17,44.815,44.07,44.73,
EXC,2026-01-20,44.61,44.975,44.095,44.97,
EXC,2026-01-21,45.06,45.23,44.425,45.01,
EXC,2026-01-22,44.92,44.98,44.25,44.6,
EXC,2026-01-23,44.24,44.5,43.415,44.06,
EXC,2026-01-26,44.27,44.81,44.2,44.55,
EXC,2026-01-27,44.385,44.915,44.295,44.83,
EXC,2026-01-28,44.77,45.045,44.48,44.76,
EXC,2026-01-29,44.99,45.17,44.34,44.39,
EXC,2026-01-30,44.32,44.82,44.055,44.78,
EXC,2026-02-02,45.0,45.07,43.61,43.91,
EXC,2026-02-03,43.89,45.06,43.865,44.01,
EXC,2026-02-04,44.39,44.435,43.245,43.42,
EXC,2026-02-05,43.84,44.305,43.58,44.05,
EXC,2026-02-06,44.275,44.56,43.55,44.32,
EXC,2026-02-09,44.09,44.195,43.665,43.95,
EXC,2026-02-10,43.97,44.92,43.7,44.64,
EXC,2026-02-11,44.885,44.885,44.34,44.41,
EXC,2026-02-12,45.92,48.435,45.135,47.55,
EXC,2026-02-13,47.47,48.7175,47.4,48.5,
EXC,2026-02-17,48.84,49.11,47.705,48.032,
EXC,2026-02-18,47.95,48.08,47.03,47.24,
EXC,2026-02-19,47.185,47.66,46.935,47.36,