Exelon Corp. will proceed immediately with staffing decisions now that the company has completed its $7.9 billion acquisition of Baltimore-based Constellation Energy Group, a company spokeswoman said Monday. The deal, which has been in the works for nearly a year, ...Read More »
Almost five years to the day from when Constellation Energy Group Inc. and Florida Power and Light Group Inc. officially called it quits on their plans to merge, Constellation is gearing up to face the state regulatory agency that was ...Read More »
Profits at Constellation Energy Group Inc. climbed 37 percent in the second quarter based on strong performances at its core businesses, the company reported Wednesday. Constellation reported earnings of $99.2 million, or 49 cents a share, compared to $72.6 million, ...Read More »
Hearings and discussions over Exelon Corp.’s proposed acquisition of Constellation Energy Group will take more than two months according to state regulators who outlined the process on Tuesday. The Maryland Public Service Commission held its first hearing on the $7.9 ...
Tagged with: baltimore city circuit court Constellation Energy Group Exelon Corp. Federal Energy Regulatory Commission Mayo A. Shattuck III Nuclear Regulatory Commission securities and exchange commissionRead More »
Constellation Energy Group Inc.’s shareholders have voiced their concerns about the Baltimore energy company’s management as part of their decision to vote against pay packages proposed for Chief Executive Mayo A. Shattuck III and other top executives. While the vote ...
Tagged with: Constellation Energy Constellation Energy Group executive compensation Exelon Corp. Federal Energy Regulatory Commission Maryland Public Service Commission Mayo A. Shattuck III MXenergy Nuclear Regulatory Commission securities and exchange commissionRead More »
Constellation Energy Group said Friday profits were down in the first quarter of 2011 due to higher costs and declines in revenue. Baltimore-based Constellation, which last week announced it would be acquired by Chicago-based Exelon, reported net income of $70.4 ...Read More »
A few years ago, during the last effort to sell Constellation Energy Group Inc., CEO Mayo A. Shattuck III stood to make nearly $50 million under a clause in his employment contract dealing with change of ownership at the company. ...Read More »
If Exelon Corp. is successful in its acquisition of Constellation Energy Group Inc., Baltimore could become a hub of energy trading and benefit from the addition of jobs, but it would come at a cost — the loss of the ...Read More »
Constellation Energy Group CEO Mayo A. Shattuck III earned $12 million in 2010, according to the company. Or, Shattuck earned $15.7 million, according calculations used by Securities and Exchange Commission. Constellation said Friday that Shattuck earned the same amount last ...Read More »
Constellation Energy Group’s fourth-quarter profit fell 96 percent to $159.8 million, due largely to a big bump in income the previous year with the sale of a 49.9 percent interest in its Constellation Energy Nuclear Group LLC to Électricité de France. ...Read More »