Stock Analysts

Air Products to Supply LNG Technology to Freeport Again

Air Products & Chemicals Inc. APD has agreed to supply its patented liquefied natural gas (“LNG”) technology, equipment, and process license for Freeport LNG Development, L.P.'s Train 3 gas liquefaction and export project. Moreover, Air Products will be providing its main cryogenic coil-wound heat exchangers and associated technology, which is a key requirement for the production of LNG at the facility near Freeport, TX. […]

Stock Analysts

Yingli Solar to Supply 40MW Panels for 2 Honduras Projects

Solar panel manufacturer Yingli Green Energy Holding Company Limited YGE or “Yingli Solar” received a contract to supply 40 megawatts (MW) of solar panels to Sybac Solar, a major global solar integrator in Honduras. The highly efficient solar panels will be utilized by Sybac Solar to develop two power plants, namely, the Pacific Solar project, located in Nacaome and the La Manzanilla y Las Lajas project, located in Choluteca. […]

Stock Analysts

DTE Energy Increases Quarterly Dividend Payout by 5.8%

DTE Energy Company ’s DTE board of directors has approved a 5.8% increase in its quarterly dividend rate. The revised dividend of 73 cents per share will be distributed on Oct 15, 2015, to shareholders of record at the close of business on Sep 21, 2015. The new annualized dividend of $2.92 per share reflects a dividend yield of 3.95% […]

Mergers & Acquisitions

Salesforce Grants Equity Awards Under Its Inducement Equity Incentive Plan

Salesforce Grants Equity Awards Under Its Inducement Equity Incentive Plan PR Newswire SAN FRANCISCO, June 26, 2015 SAN FRANCISCO , June 26, 2015 /PRNewswire/ — Salesforce (NYSE: CRM), the Customer Success Platform and world’s #1 CRM company, today reported that it granted equity awards under its 2014 Inducement Equity Incentive Plan (the “Plan”) to new employees who joined Salesforce in connection with its acquisition of Tempo AI, Inc. (“Tempo”). The Plan was adopted by the Board of Directors in July 2014 , in accordance with New York Stock Exchange Rule 303A.08. […]

Mergers & Acquisitions

Alamos and AuRico Merger Receives Court Approval

Alamos and AuRico Merger Receives Court Approval PR Newswire TORONTO, June 26, 2015 TORONTO , June 26, 2015 /PRNewswire/ – Alamos Gold Inc. (“Alamos”) (TSX/NYSE:AGI) and AuRico Gold Inc. (“AuRico”) (TSX/NYSE: AUQ) are pleased to announce that they have been granted final court approval from the Ontario Superior Court of Justice (Commercial List) to combine the two companies by way of a plan of arrangement (“Arrangement”). […]

Mergers & Acquisitions

Prospect Mortgage Announces Acquisition of the CapWest Mortgage Division of Farmers Bank & Trust

Prospect Mortgage Announces Acquisition of the CapWest Mortgage Division of Farmers Bank & Trust PR Newswire SHERMAN OAKS, Calif., June 26, 2015 SHERMAN OAKS, Calif. , June 26, 2015 /PRNewswire/ — Prospect Mortgage, LLC, one of the nation’s largest independent mortgage lenders, today announced it is acquiring certain assets of CapWest Mortgage, a Kansas City -based call center operation focusing on Consumer Direct sources of business. […]

Stock Analysts

Tesla Scores High on Brand Loyalty; 85% Owners to Buy Again

Tesla Motors, Inc. TSLA always scores high in customer surveys and the results of a recent proprietary survey of 145 Tesla owners by Jefferies’ analysts are no different. The survey revealed that 85% of the brand’s owners plan to purchase a Tesla car again and 89% would buy another Tesla vehicle even if the $7,500 federal tax credits were not available for them […]

Stock Analysts

Bank Stock Roundup: Fifth Third, Citi, JPMorgan Make Headlines for Litigations & Restructuring

Over the last five trading sessions, the performance of banks remained skewed toward the positive side. Restructuring initiatives and expansion efforts to improve efficiency, along with focus on core businesses, remained the key activities of banks that cheered investors up. Also, like almost every week, lawsuits/probes for past business misconducts continued to make headlines […]

Stock Analysts

CoreSite (COR) Expands Unsecured Credit Facility to $500M

Recently, CoreSite Realty Corporation COR announced that it has amended and expanded its senior unsecured credit facility to $500 million. This expanded credit facility will enhance the Denver, CO-based real estate investment trust’s (“REIT”) liquidity and also support its growth initiatives. The new facility includes revolving credit facility worth $350 million and a term loan of $150 million […]