Exelon Corp. (EXC) Declares $0.345 Quarterly Dividend; 3.2% Yield

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Exelon Corp. (EXC) Names Laurie Brlas to Board

September 24, 2018 1:38 PM EDT

Exelon (NYSE: EXC) today announced that its board of directors elected Laurie Brlas as a director. Brlas, 60, most recently served as executive vice president and chief financial officer of Newmont Mining Corporation, a leading gold and copper producer with operations in the U.S., Australia, Ghana, Peru and Suriname.

Lauries 16 years... More

Exelon (EXC) PT Raised to $45.50 at Macquarie

September 24, 2018 6:25 AM EDT

Macquarie analyst Angie Storozynski raised the price target on Exelon (NYSE: EXC) to $45.50 (from $45.00) while maintaining a Outperform rating.

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General Electric says blade problem affects more gas turbines

September 21, 2018 4:06 PM EDT

By Alwyn Scott

(Reuters) - General Electric Co (NYSE: GE) said on Friday that turbine blade oxidation which forced Exelon Corp (NYSE: EXC) to idle four electric power units in Texas also affects another model, widening the impact of the latest problem to hit GE's ailing power unit.

GE said the oxidation, which weakens metal turbines blades, also could... More

Exelon (EXC) PT Raised to $48 at Morgan Stanley

September 21, 2018 7:36 AM EDT

Morgan Stanley analyst Stephen Byrd raised the price target on Exelon (NYSE: EXC) to $48.00 (from $46.00) while maintaining a Equalweight rating.

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Four General Electric power turbines shut down in U.S. due to blade issue

September 20, 2018 8:47 AM EDT

By Alwyn Scott

(Reuters) - General Electric Co (NYSE: GE) said on Thursday that four of its new flagship power turbines in the United States have been shut down due to an "oxidation issue" and warned it expects the problem to affect more of the 51 units it has shipped, sending shares lower.

The giant machines form the beating heart of billon-dollar electricity plants around the world. Analysts consider GE's success with the new turbines, known as the HA class, critical to rescuing its power division from a steep decline in sales and profits.

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