Pre-Market Stocks Roundup: EQT (NYSE:EQT), HD Supply Holdings (NASDAQ:HDS), Ballard Power Systems (NASDAQ:BLDP), Apple (NASDAQ:AAPL)
On Wednesday, EQT Corporation (NYSE:EQT)’s shares declined -2.91% to $76.33.
EQT Corporation (EQT) declared the declaration of a quarterly cash dividend of $0.03 per share, payable September 1, 2015, to shareholders of record at the close of business on August 14, 2015.
EQT Corporation, together with its auxiliaries, operates as a natural gas company in the United States. It operates in two segments, EQT Production and EQT Midstream. The EQT Production segment explores for, in addition to develops and produces natural gas, natural gas liquids (NGLs), and crude oil primarily in the Appalachian Basin. As of December 31, 2014, it had 10.7 trillion cubic feet of proved natural gas, NGLs, and crude oil reserves across about 3.4 million gross acres, counting about 630,000 gross acres in the Marcellus play.
HD Supply Holdings Inc (NASDAQ:HDS)’s shares dropped -0.76% to $35.33.
HD Supply Holding, Inc. (HDS) declared that it has reached a definitive agreement to sell its HD Supply Power Solutions business unit, a leading provider of a diverse product and service offering serving investor owned utility, public power, construction and industrial markets, to Anixter Inc. The purchase price is $825 million payable in cash at closing. The transaction is predictable to close in HD
HD Supply Holdings, Inc. operates as an industrial distributor in North America. The company’s Facilities Maintenance segment offers electrical and lighting items, plumbing, appliances, janitorial supplies, hardware, kitchen and bath cabinets, window coverings, textiles and guest amenities, healthcare maintenance, and water and wastewater treatment products, in addition to heating, ventilating, and air conditioning products.
At the end of Wednesday’s trade, Ballard Power Systems Inc. (USA) (NASDAQ:BLDP)‘s shares dipped -1.25% to $1.58.
Ballard Power Systems Inc. (USA) (BLDP) declared that it has signed a framework agreement with Tangshan Railway Vehicle Company, Limited (TRC) for development of a new fuel cell module that will be designed to meet the requirements of tram or Ground Transport Vehicle (GTV) applications.
The framework agreement contemplates that TRC trams will use next-generation Ballard fuel cell power modules designed specifically for this application. Initial work is predictable to involve Technology Solutions offered by Ballard to assist in the design and integration of a fuel cell power module into TRC tram equipment, with the aim of powering a GTV prototype in 2016.
TRC was established in 1881 as China’s first manufacturer of locomotives and rolling stock. In its nearly three-centuries of operation the company has delivered a number of important “firsts” in China , counting the first: locomotive; passenger train; freight wagon; inspection train; titling train; and 70% low-floor light rail train. In January 2011, TRC also recorded the world’s fastest railway test speed of 487.3 kilometers per hour (302 miles per hour).
Ballard Power Systems Inc. engages in the development and commercialization of proton exchange membrane fuel cells worldwide. The company is primarily involved in the design, development, manufacture, sale, and service of fuel cell stacks, modules, and systems for various applications.
Apple Inc. (NASDAQ:AAPL), ended its Wednesday’s trading session with 0.96% gain, and closed at $126.82.
Dominion Resources (D) asked the Virginia State Corporate Commission (SCC) for a Certificate of Public Convenience and Necessity to build a $1.3 billion state-of-the-art natural gas-fired power station in Greensville County.
If approved, the high-efficiency, combined-cycle station would generate about 1,600 megawatts, enough electricity to power 400,000 typical homes during peak demand. Construction is planned to start next year pending SCC approval.
The station will have a low carbon intensity because it utilizes clean burning natural gas, combined cycle technology and best accessible control technology to reduce emissions. It will also have lower water usage and a wastewater discharge plan that minimizes the impact to rivers and streams.
Greensville Power Station is part of Dominion’s plan for meeting demanding new air quality and projected carbon dioxide emissions standards while keeping up with growing customer demand for energy. When the station is online in 2019, it will be part of a diverse portfolio that comprises 400 megawatts of planned solar generation, counting zero carbon emission nuclear power.
Dominion Resources, Inc. produces and transports energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. The DVP segment engages in regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina.
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