Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Pepco Holdings, Inc. (NYSE:POM) by Exelon Corporation (EXC). On April 30, 2014, Pepco and Exelon announced the signing of a definitive merger agreement pursuant to which Pepco shareholders will receive $27.25 in cash for each share of common stock. Pepco Holdings, Inc. (NYSE:POM) shares after opening at $26.87 moved to $26.89 on last trade day and at the end of the day closed at $26.76 . Company price to sales ratio in past twelve months was calculated as 1.44 and price to cash ratio as 291.59. Pepco Holdings, Inc. (NYSE:POM) showed a positive weekly performance of 24.41%.
Hawaiian Electric Company, Inc. (NYSE:HE) a wholly-owned subsidiary of Hawaiian Electric Industries, Inc. (HEI) (HE), reported that the Hawaii Public Utilities Commission (PUC) issued four decisions and orders that collectively represent a comprehensive set of energy policies and guidelines for the state of Hawaii. Hawaiian Electric Industries, Inc. (NYSE:HE) shares fell -1.96% in last trading session and ended the day on $23.99. HE return on equity ratio is recorded as 9.80% and its return on assets is 1.60%. Hawaiian Electric Industries, Inc. (NYSE:HE) yearly performance is -11.15%.
SJW Corp. (NYSE:SJW) reported financial results for the first quarter ended March 31, 2014. Operating revenue was $54.6 million in the quarter compared to $50.1 million in 2013. The $4.5 million increase in revenue was attributable to $3.3 million in higher customer water usage, $2.7 million in cumulative rate increases and $300,000 in revenue from new customers. These increases were offset by a decrease in the net recognition of certain balancing and memorandum accounts of $2.3 million. In addition, the Company earned $486,000 in higher revenue from real estate operations. SJW Corp. (NYSE:SJW) shares moved down -0.11% in last trading session and was closed at $27.23 while trading in range of $26.69 – $27.54 – SJW Corp. (NYSE:SJW) year to date (YTD) performance is -7.98%.
Ellomay Capital Ltd. (NYSEMKT:ELLO), an emerging operator in the renewable energy and energy infrastructure sector announced that it has retained MZ Group as its investor relations advisor. MZ Group will assist Ellomay with designing and executing a comprehensive investor relations program, with an emphasis on investor outreach and brand awareness, particularly in North America. Ellomay Capital Ltd. (NYSEMKT:ELLO) weekly performance is -0.52 %. On last trading day company shares ended up $9.63. Ellomay Capital Ltd. (NYSEMKT:ELLO) distance from 50-day simple moving average (SMA50) is -1.79%.