Pepco Jumps on Takeover Approval; S&P 500 Limps to Record Close

Stocks ended the week with slight gains, no thanks to Friday's snoozer of a session. Pepco (POM) topped the S&P 500 after a Maryland Public Service Commission approved Exelon's $6.8 billion takeover. The companies are expected to complete the transaction in the third quarter. Keurig (GMCR) was the worst performer on the S&P 500 after analysts at CLSA cut their price targets. The firm said it expects lower household penetration. Netflix (NFLX) led the Nasdaq on Friday on reports the streaming service is set to introduce its content to Chinese markets. Symantec (SYMC) bottomed out on the Nasdaq as the latest victim of a stronger dollar.