One of the prime players in the field of electricity and natural gas, Pepco Holdings, Inc. (NYSE:POM) operates towards transmission, supply, distribution and regulation of multiple operations. Recently, due to multiple failures and set-backs, the company has become a target of many companies with respect to the acquisition. 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%.
Exelon Corp. (NYSE:EXC) agreed to buy Pepco Holdings Inc. for $6.8 billion in an all-cash transaction that will create the largest electric and natural gas utility in the Mid-Atlantic region. Exelon is currently the biggest U.S. nuclear operator. Exelon Corporation (NYSE:EXC) shares fell -3.18% in last trading session and ended the day on $35.03. EXC return on equity ratio is recorded as 7.90% and its return on assets is 2.20%. Exelon Corporation (NYSE:EXC) yearly performance is -2.78%.
Thomas Fanning, chairman, president and CEO at Southern Company, talks with Betty Liu about his company’s first-quarter results and the financial impact of delays at their Mississippi coal plant on Bloomberg Television’s. The Southern Company (NYSE:SO) shares moved down -1.14% in last trading session and was closed at $45.83, while trading in range of $45.65 – $46.79. The Southern Company (NYSE:SO) year to date (YTD) performance is 12.88%.
Public Service Enterprise Group (NYSE:PEG) reported Net Income for the first quarter of 2014 of $386 million, or $0.76 per share as compared to Net Income of $320 million, or $0.63 per share, in the first quarter of 2013. Operating Earnings for the first quarter of 2014 were $515 million, or $1.01 per share, compared to Operating Earnings for the first quarter of 2013 of $433 million, or $0.85 per share. Public Service Enterprise Group Inc. (NYSE:PEG) weekly performance is 4.01%. On last trading day company shares ended up $40.97. Public Service Enterprise Group Inc. (NYSE:PEG) distance from 50-day simple moving average (SMA50) is 9.57%. Analysts mean target price for the company is $38.40.