On Tuesday, Shares of Exelon Corporation (NYSE:EXC), lost -6.86% to $30.40, hitting its lowest level.
Exelon Corporation (EXC) and Pepco Holdings Inc. (POM) recently issued the following statement in response to the Public Service Commission of the District of Columbia’s decision on the companies’ projected merger.
“We are disappointed with the Commission’s decision and believe it fails to recognize the benefits of the merger to the District of Columbia and its residents and businesses. We continue to believe our proposal is in the public interest and provides direct immediate and long-term benefits to customers, enhances reliability and preserves our role as a community partner. We will review our options with respect to this decision and will respond once that process is complete.”
Exelon Corporation, a utility services holding company, engages in the energy generation and delivery businesses in the United States. It owns electric generating facilities, such as nuclear, fossil, and hydroelectric generation facilities, in addition to wind and solar photovoltaic facilities.
Shares of Rackspace Hosting, Inc. (NYSE:RAX), declined -2.45% to $28.63, during its last trading session.
Rackspace Hosting declared it has expanded its digital support offerings with the early access declarement of Managed Cloud for Adobe Experience Manager (AEM). As a leading, comprehensive content administration solution for building websites, mobile apps and forms, AEM makes it easier to manage marketing content and assets. With Managed Cloud for AEM, marketing leaders and the technology teams who support them can assist reduce time for each new deployment, version upgrade, or major campaign launch in AEM - while also gaining access to specialized 24×7 support, maintenance, and monitoring of AEM environments.
The Managed Cloud for AEM offering comprises:
- AEM Specialized Managed Support: Provides Fanatical Support and guidance on best practices 24x7x365 from AEM specialists at Rackspace, which allows customers to offload administration of the AEM environment and focus more on their core business.
- Turnkey Deployment: Enables significantly faster implementation for new deployments or version upgrades. The offering can reduce the time needed to deploy a new AEM environment by cloning an existing environment or creating a new one from a set of AEM optimized, pre-defined and tested cloud architectures.
- Monitoring: Monitors the health of the environment and offers maintenance, patching and updating to assist minimize downtime and delays.
Rackspace Hosting, Inc., through its auxiliaries, provides cloud computing services and managing Web-based IT systems for small and medium-sized businesses and large enterprises worldwide. The company’s service offering combines hosting on dedicated hardware and on multi-tenant pools of virtualized hardware in a way that suits each customer’s requirements.
Finally, MAXIMUS, Inc. (NYSE:MMS), ended its last trade with 1.67% gain, and closed at $59.62.
MAXIMUS declared that Barbara Selter, Vice President of MAXIMUS Health Services and an expert in long-term services and supports (LTSS), and John Crouse, Vice President of MAXIMUS Health Services and an expert in Medicaid provider administration, will be featured presenters at the annual Medicaid Enterprise Systems (MES) Conference.
Ms. Selter will highlight states that have successfully implemented forward-thinking strategies within their dually eligible populations during the “Lessons Learned from the CMS Financial Alignment Demonstrations for Dual Eligibles: Replicating Successful State Demonstrations” session. Ms. Selter has worked with 9 of the 11 Centers for Medicare & Medicaid Services (CMS) Financial Alignment Demonstrations for Medicare-Medicaid Eligibles, commonly referred to as the Dual Eligibles demonstrations, and will share lessons learned and best practices that can be used as models for other states. Ms. Selter will also be moderating the “Partnership between States and the Vendor Community” session.
Mr. Crouse will share his perspectives on the new Affordable Care Act (ACA) regulations for provider screening and revalidation during the “State Perspectives for Achieving Compliance with ACA and Improving Provider Enrollment” session. In light of the many new requirements for Medicaid programs related to screening and approving providers, counting periodic background and sanction checks, facility site visits and assertion of fees, Mr. Crouse will share proven strategies that Medicaid programs can leverage for improving their processes while achieving compliance.
MAXIMUS, Inc. provides business process services to government health and human services agencies in the United States, Australia, Canada, the United Kingdom, and Saudi Arabia. The company operates through two segments, Health Services and Human Services.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
