Boston, MA 03/26/2014 (wallstreetpr) – Exelon Corporation (NYSE:EXC) is poised to report an excellent revenue in its first quarter of 2014 on the back of the solid demand for electricity and natural gas during this time. One of the positive factors in play for the anticipated high-level growth in the company is its dependence on nuclear power rather than coal or natural gas. Therefore, the recent spike in demand driven by a long spell of cold days and the immunity of nuclear power towards the fluctuation in coal or natural prices, will have positive implications on the company’s profit margin. Therefore, for the coming times, positive sentiment is expected to surround this utility stock.
Simulations Plus, Inc. (NASDAQ:SLP), which designs and produces software meant to be used in pharmaceutical research and education, has entered into a distributor agreement with the Research Institute for Liver Diseases (RILD) in Shanghai, People’s Republic of China. RILD is among the first contract research organization in China dedicated to provide products and in vitro ADMET services to assist drug development. Through this agreement, Simulations will be providing software programs to RILD to help it in its experimental systems to its clients in China. With this pact, Simulations Plus, Inc. (NASDAQ:SLP) expects to get leverage and benefit through the promotion of its services in drug absorption, metabolism, toxicity and drug-drug interactions.
Peapack-Gladstone Financial Corp (NASDAQ:PGC) will have to face investigation from the national securities firm, Faruqi & Faruqi, LLP, in connection with its conduct in getting shareholders’ approval for its 2012 Long-Term Stock Incentive Plan. The investigation is opened in view of the company’s recent filing of the Proxy statement dated March 21, 2014, where the company’s Board of Directors has recommended its shareholders to approve the issue of nearly 300,000 shares under the 2012 Long-Term Stock Incentive Plan. Therefore, the investigation is aimed to find out any potential breach of duty by the board members in this issuance, which has a dilutive effect on the stock of Peapack-Gladstone Financial Corp (NASDAQ:PGC).
