(Update adds stock prices after the market open.)NRG Energy's ( NRG) board turned down Exelon's ( EXC) revised takeover bid on Wednesday.
Activist investor Paul Singer's fund reached a deal to add two dissident directors to the energy company board, which will now have a committee charged with looking at M&A deals
Here are Wednesday's top research calls, including upgrades for Danaher and Twilio, and downgrades for Under Armour and United Parcel Service.
These low-priced stocks look primed to beat the rest of the market in 2017.
The activist fund and its partner, Bluescape, suggested that they are thinking about launching a director-election proxy battle at the company's 2017 annual meeting, expected in April.