'Ambitious' plan to reopen channel under collapsed Baltimore bridge by May's end announced [USA TODAY]
Exelon Corporation (EXC)
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Source: USA TODAY
the end of April and fully reopen it by the end of May, around two months after the plunged into the Patapsco River after it was struck by a cargo ship. The announcement came the day before President Biden is expected to travel to the site of the bridge's collapse, as he urged Congress to approve federal funding for its reconstruction. Engineers expect to open a "limited access" channel that would allow for one-way traffic into the Port of Baltimore, within four weeks, the Corps announced in a The smaller channel would stretch 280 feet wide and 35 feet deep, less than half the width of the full channel. It would be accessible for barge container service and some roll on/roll off vessels carrying cars or farm equipment, according to USACE. The permanent, 700-foot-wide and 50-foot-deep channel will reopen with normal capacity by the end of May, according to the "tentative" timeline. Lt. Gen. Scott A. Spellmon, commanding general for the USACE, said authorities carried out "und
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News
- Exelon Co. (NASDAQ: EXC) had its price target raised by analysts at Wells Fargo & Company from $39.00 to $40.00. They now have an "equal weight" rating on the stock.MarketBeat
- Exelon Co. (NASDAQ: EXC) had its price target raised by analysts at BMO Capital Markets from $40.00 to $42.00. They now have an "outperform" rating on the stock.MarketBeat
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EXC
Earnings
- 5/2/24 - Miss
EXC
Sec Filings
- 5/3/24 - Form 8-K
- 5/1/24 - Form 424B2
- 5/1/24 - Form EFFECT
- EXC's page on the SEC website