Exelon Corp., the largest U.S. nuclear power producer, may begin to see its low-emissions strategy pay off -- four years after it lost a fight for climate legislation it told investors would add $1.1 billion in annual earnings.
More than $500 billion wiped off the value of U.S. stocks is providing opportunities for investors who remember that equities tend to rise when the Federal Reserve begins reducing efforts to stimulate the economy.
U.S. stocks rose, with the Dow Jones Industrial Average returning to a record, after data showed consumer confidence climbed to the highest level since 2008 and home values jumped the most in seven years.
Exelon Corp., the largest U.S. operator of nuclear reactors, fell the most in three years after a surge of proposed new plants in the nation’s largest wholesale power market caused forward prices to drop.
FirstEnergy Corp., an Akron, Ohio- based utility with customers in six states, reached a multiyear agreement to put its name on the Cleveland Browns’ stadium, the first time the National Football League team had a sponsor’s name on its home field.