Relax pal. I recommend you listen in on th CC next week for answers to your questions. As for the 'lady' CEO, she is doing just fine considering the hand she was dealt. Have patience.
WSJ article cites rumblings in Congress to pass a bill this year allowing oil esports for the first time since the Nixon administration - certainly a boon to EPD. Doesn't make sense to allow Iran to export while the U.S. continues to put a stranglehold on our own oil industry! However, it would not be a surprise if such a bill made it all the way to the president and was vetoed due to pressure from the green lobby. Management may comment on this on tomorrow's CC.
Actually this is old news. Bureaucrats have to justify their existence. A little surprised at the weakness in UTs today considering that the Treasury markets are firm.
Here's what I got so far in reverse order:
2:31 PM ET Pepco Continues to Expect to Complete Merger with Exelon in 3Q.
2:30 PM ET Pepco Believes Motion Is Without Merit and Intends to Vigorously Oppose It.
2:29 PM ET Pepco: Request Filed for Stay of MPSC Order and to Conduct Additional Discovery on Exelon Merger
2:29 PM ET Pepco: Maryland Office of People's Counsel Filed Motion
2:29 PM ET Pepco: Motion Cites Alleged Conflict of Interest on Part of a Former MPSC Commissioner
Thumbs up for the same reason given by boiled_in_oil. Also, I want to thank you mabel for making a relevant comment on this board unlike all these chatty Bostonians.
Colonel - I write calls on EPD every month in my IRA so there is never an immediate tax liability. Like you said, this is a good way to collect "extra" divy. Probably agree with others on the board that writing calls in a taxable account isn't worth it however. If you do write calls in your taxable account, however, make sure that the stike date puts you at a point in time where you have held the underlying security at least a year to avoid short term capital gains. Option income is always taxed at the short term rate no matter what the strike date is, however.