The Virginia State Corporation Commission (SCC) yesterday approved the proposed merger of Exelon Corporation (NYSE:EXC) and Pepco Holdings Inc. (NYSE:POM). The companies announced their proposed merger on April 30. The combination of the companies will bring together Exelon’s three electric and gas utilities – BGE, ComEd and PECO – and Pepco Holdings’ (PHI’s) three electric and gas utilities – Atlantic City Electric, Delmarva Power and Pepco – to create the leading mid-Atlantic electric and gas utility. 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%.
Symantec Corporation (NASDAQ:SYMC), pioneer of the anti-hacking technology in the 1990s, is considering splitting up its business, according to a report from Bloomberg. Discussions for such a move are in advanced stages. The move will allow the company to become more focused in managing its businesses. Symantec Corporation (NASDAQ:SYMC) shares moved up 3.54% in last trading session and ended the day at $24.01. SYMC Gross Margin is 82.70% and its return on assets is 7.40%. Symantec Corporation (NASDAQ:SYMC) quarterly performance is 5.82%.
Synaptics Inc. (NASDAQ:SYNA) said it has completed its acquisition of Renesas SP Drivers, Inc. a supplier of small- and medium-sized display driver ICs for smartphones and tablets. On 08 October, Synaptics Inc. (NASDAQ:SYNA) shares moved up 2.82% and was closed at $72.94. SYNA EPS growth in last 5 year was -1.40%. Synaptics Inc. (NASDAQ:SYNA) year to date (YTD) performance is 40.78%.
National Health Investors, Inc. (NYSE:NHI) presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is among the top most “interesting” ideas that merit further research by investors. National Health Investors Inc. (NYSE:NHI) ended the last trading day at $59.19. Company weekly volatility is calculated as 1.83% and price to cash ratio as 271.70. National Health Investors Inc. (NYSE:NHI) showed a weekly performance of 3.77%.
New England Realty Associates (NYSE:NEN) President Ronald Brown purchased 1,000 shares of the stock on the open market in a transaction that occurred on Monday, October 6th. The shares were purchased at an average price of $47.50 per share, with a total value of $47,500.00. Following the completion of the transaction, the president now directly owns 87,860 shares in the company, valued at approximately $4,173,350. New England Realty Associates LP (NYSEMKT:NEN) shares moved up 1.09% in last trading session and ended the day at $47.56. NEN Gross Margin is 73.50% and its return on assets is 0.30%. New England Realty Associates LP (NYSEMKT:NEN) quarterly performance is -2.63%.