Pepco Holdings Inc. is one step closer to its $6.8 billion merger with Chicago-based Exelon Corporation (NYSE:EXC), winning approval from the Virginia State Corporation Commission. The proposed merger, first announced in April, still needs approval from the Federal Energy Regulatory Commission, the Delaware Public Service Commission, the Public Service Commission of the District of Columbia, the New Jersey Board of Public Utilities and the Maryland Public Service Commission. Exelon Corporation (NYSE:EXC) belongs to Utilities sector. Its net profit margin is 7.10% and weekly performance is 3.64%. On last trading day company shares ended up $35.83. Exelon Corporation (NYSE:EXC) distance from 50-day simple moving average (SMA50) is 8.85%.
The Decatur City Council moved Monday to end an unintended incentive for Archer Daniels Midland Company (NYSE:ADM) to pump water out of wells at a time when the city could use its help taking water out of Lake Decatur instead. The company bought the city’s North Water Treatment Plant in 1999 and entered into an agreement for the sale of raw water in 2001. Last year, the deal was amended, with ADM making investments into the city’s water supply and the city granting it some benefits in return. Archer-Daniels-Midland Company (NYSE:ADM) shares decreased -3.13% in last trading session and ended the day at $48.02. ADM Gross Margin is 4.80% and its return on assets is 4.00%. Archer-Daniels-Midland Company (NYSE:ADM) quarterly performance is 1.41%.
Barracuda Networks (NYSE:CUDA) CFO David Faugno sold 960 shares of the stock in a transaction dated Friday, October 3rd. The stock was sold at an average price of $27.00, for a total value of $25,920.00. Following the transaction, the chief financial officer now directly owns 522,117 shares of the company’s stock, valued at approximately $14,097,159. On 08 October, Barracuda Networks, Inc. (NYSE:CUDA) shares increased 2.36% and was closed at $27.77. CUDA EPS growth in last 5 year was -23.80%. Barracuda Networks, Inc. (NYSE:CUDA) year to date (YTD) performance is -30.02%.
A number of analysts have recently weighed in on PSON. Analysts at Barclays reiterated an equal weight rating on shares of Pearson plc (NYSE:PSO) in a research note on Monday, September 29th. They now have a GBX 1,185 ($18.93) price target on the stock. Pearson plc (NYSE:PSO) ended the last trading day at $19.40. Company weekly volatility is calculated as 1.51% and price to cash ratio as 20.67. Pearson plc (NYSE:PSO) showed a weekly performance of -2.76%.
Vodafone Group PLC (ADR) (NASDAQ:VOD) has been running the rule over the Fastweb business, which could fetch up to EUR5 billion, having made several takeover approaches for the business which have been rebuffed by Swisscom, Reuters said. Vodafone Group Plc (ADR) (NASDAQ:VOD) belongs to Technology sector. Its weekly performance is 1.59%. On last trading day company shares ended up $33.26. Vodafone Group Plc (ADR) (NASDAQ:VOD) distance from 50-day simple moving average (SMA50) is -0.11%.