On Wednesday, Shares of CMS Energy Corporation (NYSE:CMS), lost -0.42% to $35.60.
Lower heating costs are predictable this winter for Consumers Energy’s natural gas customers. Total savings could be more than $100 for an average residential customer, depending on weather and actual usage. Business customer savings will depend on their gas usage.
“Customer heating costs could be down by more than 15 percent based on normal winter gas consumption,” said Tim Sparks, Consumers Energy’s vice president of energy supply operations.
“We’re reducing costs for customers due to our gas purchasing program which takes full advantage of lower commodity costs. Customers also benefit by Consumers Energy’s underground storage system, the second-largest in the nation,” Sparks added. “Our storage system allows us to buy gas when it costs less in the summer, for use by customers during the colder winter months.”
CMS Energy Corporation operates as an energy company primarily in Michigan, the United States. The company’s Electric Utility segment engages in the generation, purchase, distribution, and sale of electricity to residential, commercial, and various industrial customers in Michigan’s Lower Peninsula.
Shares of Credit Suisse Group AG (ADR) (NYSE:CS), inclined 0.12% to $24.81, during its last trading session.
Credit Suisse NASDAQ Gold FLOWS 103 Index and the Credit Suisse NASDAQ Silver FLOWS 106 Index (the “Indices”) concluded the notional sale of options on GLD shares and SLV shares with October expiration. We expect that the notional cash distribution generated by this sale of options withdrawn from the Indices on October 12, 2015, subject to adjustment in the event of any market disruption events.
Assuming no redemption or acceleration of the ETNs and that the notional cash distribution is withdrawn from the Indices on October 12, 2015, we expect to declare a coupon of $0.0604 per ETN on the GLDI ETNs and a coupon of $0.1225 per ETN on the SLVO ETNs for payment on or around October 26, 2015, payable to the holder of record on October 21, 2015. The predictable coupon amount may be subject to change upon the occurrence of a disruption event or other unforeseen circumstances.
Credit Suisse Group AG, together with its auxiliaries, provides various financial services to private, corporate, institutional, government clients, and high-net-worth individuals, in addition to affluent and retail clients worldwide.
Finally, Glu Mobile Inc. (NASDAQ:GLUU), ended its last trade with 1.22% gain, and closed at $4.14.
Glu Mobile, declared that Tim Wilson has joined the company as Global Chief Technology Officer. Wilson brings to Glu a strong background in global technology and engineering leadership attained through his 27-year career in gaming. Having served in multiple CTO positions at Electronic Arts, Wilson is expertly positioned to provide world-class technology leadership as Glu continues to expand its digital entertainment portfolio.
“I am happy to welcome Tim Wilson to Glu as we continue to be leaders in the mobile gaming industry under the direction of a top-notch executive team,” said Niccolo de Masi, Glu Chairman and CEO. “I expect his expertise and track record of excellence to optimize the services that support Glu’s planned growth.”
Over the course of his 19-year tenure at Electronic Arts, Wilson served as the CTO of various business groups counting All Play Label, Core Media Group, and EA’s Redwood Shores Studio. His most recent role was Head of the company’s EADP Mobile Platform where he was instrumental in leading a team to develop and operate EA’s mobile services to support its mobile catalog. He also served as EVP of Planned Relationships of Gaikai from January 2011 to October 2011 and on Gaikai’s Advisory Board from October 2011 until its acquisition by Sony Computer Entertainment in July 2012.
Glu Mobile Inc. develops, publishes, and markets a portfolio of games for the smart phones and tablet devices users. The company offers free-to-play action, casual, racing, and sports genre mobile games. It creates games based on its own brands, counting Blood & Glory, Contract Killer, Deer Hunter, Diner Dash, Eternity Warriors, Frontline Commando, Gun Bros, Heroes of Destiny, Racing Rivals, and Tap Sports: Baseball, in addition to based on third-party licensed brands, such as Kim Kardashian: Hollywood, Robocop: The Official Game, and Hercules: The Official Game. Glu Mobile Inc. markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts worldwide.
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