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Sunday 24 May 2015
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Yesterday’s 3 Stocks Buzz: Groupon, Inc. (NASDAQ:GRPN), Pepco Holdings, Inc. (NYSE:POM), McDonald’s Corp. (NYSE:MCD)

On Monday, Shares of Groupon, Inc. (NASDAQ:GRPN), lost -1.06% to $6.54.

Recently, at the National Restaurant Association Show in Chicago, Breadcrumb, declared the launch of Breadcrumb Live, an iPhone app that gives restaurant owners a way to monitor the performance of their business in real time. With Breadcrumb Live, restaurant owners are offered with quick and easy access to important sales figures, guest and check counts and performance trends––24/7, right from the palm of their hand.

“Breadcrumb’s mission is the same as it was from day one: create a reliable and affordable POS system for the modern restaurant. Our team has extensive hospitality industry experience, so we understand how important it is for business owners to always know what’s going on inside their restaurant,” said Breadcrumb Founder Seth Harris. “Breadcrumb Live provides them with the ability and freedom to do just that and gives them the peace of mind they need when they’re away.”

Groupon, Inc. operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount worldwide. It also offers deals on products for which it acts as the merchant of record.

Shares of Pepco Holdings, Inc. (NYSE:POM), declined -0.07% to $26.98, during its last trading session.

Exelon Corp said on Monday it would agree to conditions placed last week by the state of Maryland on the power company’s $6.8 billion bid for Pepco Holdings Inc, clearing one of the deal’s last hurdles, according to Reuters.

Maryland’s Public Service Commission said on Friday it would approve the deal, which would create the biggest U.S. power generator, if Exelon would agree to 46 conditions.

Exelon, for example, agreed to give $66 million in residential rate credits and spend $43.2 million for energy efficiency programs for a total of $109.2 million.

The companies must also establish a $19.8 million Green Sustainability Fund and pledge that Exelon would preserve Pepco’s plans to improve reliability in snow and rainstorms.

Exelon President Chris Crane said the state’s order on the transaction was constructive, though “challenging.”, Reuters Reports.

Pepco Holdings, Inc., through its auxiliaries, engages in the transmission, distribution, and supply of electricity. The company also distributes and supplies natural gas. In addition, the company designs, constructs, and operates energy projects and distributed generation equipment, counting combined heat and power plants principally for federal, state, and local government customers.

Finally, McDonald’s Corp. (NYSE:MCD), ended its last trade with -0.02% loss, and closed at $98.02.

McDonald’s, saw hedge fund investors take new positions, according to the latest round of 13-F filings. Jana Partners, Corvex Administration and Glenview Capital took new positions, while Highfields Capital raised its stake.

McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company’s restaurants offer various food products, soft drinks, coffee, and other beverages.

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