Highlights
Headquartered in Chicago, Exelon Corporation is one of the nation¿s largest electric utilities. Commonwealth Edison, Pennsylvania Electric (PECO) and Exelon Generation are business units of Exelon. The company distributes electricity to over five million customers in Illinois and Pennsylvania, and operates the biggest nuclear fleet in the United States. The company was created in 200 when PECO Energy merged with Unicom, which owned ComEd. Annual revenue tops $15 billion.
Headquartered in Chicago, Exelon Corporation is one of the nation¿s largest electric utilities. Commonwealth Edison, Pennsylvania Electric (PECO) and Exelon Generation are business units of Exelon. The company distributes electricity to over five million customers in Illinois and Pennsylvania, and operates the biggest nuclear fleet in the United States. The company was created in 200 when PECO Energy merged with Unicom, which owned ComEd. Annual revenue tops $15 billion.
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5 stocks and an ETF worth considering
Morningstar Inc. offers a new exchange-traded fund that invests in the investment research company's top stock picks. Market Vectors Morningstar Wide Moat ETF (MOAT) may be just the ticket for making money in a volatile market. From the its launch on...Tags: Warren Buffett, Companies and Corporations, Walmart, Economy, Business and Finance, Martin Marietta Materials Incorporated
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NRC taps Japan envoy to head local office
Tribune reporterThe Midwest office of the Nuclear Regulatory Commission welcomed a new administrator Monday responsible for regulating 16 commercial nuclear plants in seven states, including Illinois. Charles Casto, who has been with the NRC since 1985, comes to the...Tags: Japan, State University of New York, University of Georgia, Tokyo Electric Power Co., U.S. Nuclear Regulatory Commission
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Political advocacy piques shareholders' interest
In this presidential election year, shareholders are increasingly curious about the political agendas of public companies.
Investors filed more than 100 resolutions this year asking companies to disclose what they spend on political advocacy, according...Tags: Elections, U.S. Chamber of Commerce, Allstate Corp., Politics, Same-Sex Marriage
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Exelon, Constellation donate $1.8M to Md. Science Center
Exelon Corp. and Constellation have donated $1.8 million for a new energy exhibit at the Maryland Science Center, the first public display of their charitable commitment to the city and state since the merger between the energy giants closed in March, the...Tags: Corporate Officers, Maryland Science Center, Politics, Investments, Stephanie Rawlings-Blake
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One Baltimore company on Fortune 500 list — for last time
Baltimore made the newest Fortune 500 list by the skin of its teeth — with a company that was based here last year but is now part of an out-of-state concern.
Constellation Energy Group, which merged with Chicago-based Exelon Corp. in March, is No....Tags: Johns Hopkins University, Anirban Basu, Coventry Health Care Inc., Montgomery County (Maryland), Companies and Corporations
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One year in: Mayor Rahm Emanuel tightens ties with business
When John Rowe, the recently retired chief of energy giant Exelon Corp. and one of Chicago's most active civic leaders, contemplates Mayor Rahm Emanuel's approach to business during his first year in office, he offers a succinct observation.
"Rahm's...Tags: Labor Markets, Corporate Officers, NATO, Kevin Brown, Business
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Exelon's first-quarter profit drops 70 percent
Exelon Corp. reported Friday a 70 percent drop in quarterly profit because of warmer-than-normal winter weather, lower power prices and costs related to its acquisition of Constellation Energy Group. The Chicago-based company earned $200 million, or 28...Tags: Restructuring and Recapitalization, Earnings, Harbor, Companies and Corporations, Constellation Energy Group
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Constellation CEO pay increases 11 percent last year
Mayo A. Shattuck IlI -- who successfully engineered the sale of Constellation Energy Group to Chicago-based Exelon Corp. – took in $17.3 million in total compensation last year, a nearly 11 percent increase from 2010. Shattuck's base salary of $1.3...Tags: Mayo A. Shattuck III, CEO Pay, Constellation Energy Group
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Constellation's three coal plants to find new owner by year's end
While Constellation Energy Group has a new owner in Exelon Corp., 450 workers at three coal-fired plants once owned by the Baltimore company are in limbo.
As a condition of its purchase of Constellation last month, the Chicago energy giant has...Tags: Beaches, Anne Arundel County, U.S. Environmental Protection Agency, Coal, Standards
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The day ahead in business
Reports: Unemployment rate for April, 7:30 a.m. Local earnings: Ameren Corp., Aon Plc, Exelon Corp., Federal Signal Corp., Material Sciences Corp., U.S. Cellular Corp. Other major earnings: LaFarge SA, Leucadia National Corp., Progressive Corp.
Tags: Material Sciences Corporation, Aon PLC, Federal Signal Corporation, Progressive Corporation, Ameren Corporation
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Warm weather cools Exelon Q1 results
Warm weather lowered demand for electricity and sent Chicago-based Exelon Corp.'s earnings tumbling 70 percent in the first quarter. The power company reported a profit of $200 million in the quarter, or 28 cents per share, down from $668 million, or...
Tags: Earnings, Companies and Corporations, Economy, Business and Finance, Fines, Punishment
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Inner Harbor deserves a world-class building
The Baltimore skyline is iconic: The National Aquarium's blue waves and the World Trade Center's five-sided building have been depicted in places as varied as Robert McClintock paintings and local body art. The Domino Sugar sign is — well, it's...
Tags: Arts and Culture, Companies and Corporations, Harbor, Architecture, Economy, Business and Finance
May 25, 2012
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Apr 27, 2012
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May 4, 2012
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Apr 12, 2012
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