On 18 JUNE Exelon Corporation (NYSE:EXC) and Pepco Holdings Inc. (NYSE: POM) filed applications seeking approval of their proposed merger with the Delaware Public Service Commission, the Public Service Commission of the District of Columbia and the New Jersey Board of Public Utilities. The companies announced their proposed merger on April 30. Exelon Corporation (NYSE:EXC) net profit margin is 7.00% and weekly performance is -5.32%. On last trading day company shares ended up $34.36. Analysts mean target price for the company is $36.17. Exelon Corporation (NYSE:EXC) distance from 50-day simple moving average (SMA50) is -4.02%.
On 4 JULY NRG Energy, Inc. (NYSE:NRG) reported ($0.18) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.13) by $0.05. The company had revenue of $3.40 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter last year, the company posted ($1.02) earnings per share. NRG Energy’s revenue was up 67.5% compared to the same quarter last year. Analysts expect that NRG Energy will post $1.96 EPS for the current fiscal year. NRG Energy, Inc. (NYSE:NRG) shares fell 1.46% in last trading session and ended the day on $34.99. NRG Gross Margin is 28.30% and its return on assets is -1.30%. NRG Energy, Inc. (NYSE:NRG) quarterly performance is 7.60%.
On 2 JULY Public Service Enterprise Group Inc. (NYSE:PEG) said that Public Service Enterprise Group Inc. (NYSE:PEG)’s solar unit agreed to buy a 13 megawatt project from Juwi Solar Inc. for $22 million. Public Service Enterprise Group Inc. (NYSE:PEG) shares moved up 1.05% in last trading session and was closed at $38.56, while trading in range of $38.07 – $38.56. Public Service Enterprise Group Inc. (NYSE:PEG) year to date (YTD) performance is 22.76%.
FuelCell Energy Inc. (NASDAQ:FCEL) announced the development of a project to install a 1.4 megawatt (MW) fuel cell power plant to provide both electricity and usable high quality heat to the University of California, Irvine Medical Center. The power plant will generate about 30 percent of the facility power needs, while the heat produced will be used in a direct exhaust absorption chiller to produce 200 tons of cooling for an office building and associated institutional requirements. FuelCell Energy Inc. (NASDAQ:FCEL) ended the last trading day at $2.22. Company weekly volatility is calculated as 2.95% and price to cash ratio as 8.98. FuelCell Energy Inc. (NASDAQ:FCEL) showed a negative weekly performance of -8.26%.