On Tuesday, Shares of United Continental Holdings Inc (NYSE:UAL), gained 0.82% to $54.20.
United Airlines, declared historic $30 million equity investment in U.S.-based alternative fuels developer Fulcrum BioEnergy, Inc., a pioneer in the development and commercialization of converting municipal solid waste into low-cost sustainable aviation biofuel. It is also the single largest investment by a U.S. airline in alternative fuels and sets United apart in the aviation industry in the advancement of aviation biofuels and carbon emissions reductions. In addition to the equity investment, United and Fulcrum have reached a contract that contemplates the joint development of up to five projects located near United’s hubs predictable to have the potential to produce up to 180 million gallons of fuel per year.
“We know alternative fuels is an emerging industry that is vital to the future of aviation and this is just one of our initiatives to assist make these fuels saleable and scalable,” said United’s Executive Vice President and General Counsel Brett Hart. “Investing in alternative fuels is not only good for the environment, it’s a smart move for our company as biofuels have the potential to hedge against future oil price volatility and carbon regulations.”
United Continental Holdings, Inc., together with its auxiliaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. It transports people and cargo through its mainline operations, which use jet aircraft with at least 118 seats, and its regional operations.
Shares of Laboratory Corp. of America Holdings (NYSE:LH), inclined 0.27% to $120.56, during its last trading session.
Laboratory Corporation of America Holdings, declared the expanded availability of its proprietary specimen collection and handling software, LabCorp AccuDraw, to all clients through its website at www.LabCorp.com. Combining on-screen visual cues with step-by-step tutorials, AccuDraw is an innovative tool designed to guide the health care professional who collects patient specimens throughout the specimen collection process. AccuDrawassists to facilitate collection and appropriate stabilization of the correct specimen type and sample volume. This technology-enabled solution leads to fewer errors in specimen collection and processing, a reduced chance of delays in testing, and a lower likelihood of having a patient undergo a second visit to a health care professional for further specimen collection. AccuDraw has been used in LabCorp’s patient service centers and by LabCorp’s phlebotomists located in client locations for over five years. AccuDrawhas formerly only been, and will continue to be, accessible to LabCorp clients through the LabCorp Beacon application.
Laboratory Corporation of America Holdings operates as an independent clinical laboratory company worldwide. The company offers a range of clinical laboratory tests and procedures, such as blood chemistry analyses, urinalyses, blood cell counts, thyroid tests, Pap tests, hemoglobin A1C, PSA, STD tests, HCV tests, microbiology cultures and procedures, and alcohol and other substance-abuse tests that are used by the medical profession in core testing, patient diagnosis, and in the monitoring and treatment of diseases.
Finally, Lockheed Martin Corporation (NYSE:LMT), ended its last trade with 1.15% gain, and closed at $190.15.
A new development center will advance satellite sensing and communication technologies, broadly known as Radio Frequency (RF) payloads, at the Lockheed Martin (LMT) facility in Denver. The RF Payload Center of Excellence will focus on developing reconfigurable payloads and advancing satellite systems that many already rely on, from high-def television broadcasts to GPS transmissions and secure government communications.
The RF Payload Center of Excellence reduces cost and accelerates development by uniting researchers, manufacturers and analysts in one organization. Bringing people together improves plan, reduces transportation costs and enhances partnership between related teams.
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services.
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