On Wednesday, Shares of Verizon Communications Inc. (NYSE:VZ), gained 1.46% to $46.56.
Verizon Communications declared Grid Wide Utility Solutions, a new Internet of Things (IoT) platform service offering utility companies an easy on-ramp to grid modernization. Now accessible in the U.S., Grid Wide offers electric utility companies an integrated solution for smart metering, demand response, meter data administration and distribution monitoring and control.
With 147 million electric meters in the U.S. recently, Verizon’s Grid Wide aims to transform the delivery and consumption of energy nationwide for investor-owned, cooperative and municipal utilities and their customers. Designed to maximize the benefits of smart meters, the solution comes equipped with a wide range of cloud-based applications intended to assist utility companies drive incremental revenue, reduce operating costs, enhance efficiency and improve customer experience.
Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.
Shares of Johnson & Johnson (NYSE:JNJ), inclined 0.72% to $99.73, during its last trading session.
Johnson & Johnson on Monday stated fiscal third-quarter net income of $24.5 million.
On a per-share basis, the Pennsauken, New Jersey-based Company said it had profit of $1.31.
The drink and snack maker posted revenue of $278.7 million in the period. AP Reports
Johnson & Johnson, together with its auxiliaries, researches and develops, manufactures, and sells various products in the health care field worldwide. It operates in three segments: Consumer, Pharmaceutical, and Medical Devices.
Finally, Penn Virginia Corporation (NYSE:PVA), ended its last trade with 6.28% surge, and closed at $2.03, hitting its lowest level.
Penn Virginia Corporation stated financial results for the three months ended June 30, 2015 and offered updates of its operations and 2015 capital plan and guidance.
Key Highlights
Second quarter 2015 results contrast, as applicable, to first quarter 2015 results were as follows:
- Product revenues raised to $118.0 million from $110.6 million, counting oil and gas derivatives.
- Realized oil, gas and natural gas liquids (NGLs) prices were $82.44 per barrel, $2.54 per thousand cubic feet (Mcf) and $13.53 per barrel, contrast to $71.79 per barrel, $3.14 per Mcf and $13.60 per barrel, counting oil and gas derivatives.
- Unit production costs, counting lease operating expense, gathering, processing and transportation expenses and production and ad valorem taxes, reduced to $10.40 per barrel of oil equivalent (BOE) from $10.68 per BOE.
- Recurring unit production and general and administrative (G&A) costs reduced 4% to $4.59 per BOE from $4.77 per BOE and were 23% lower than $5.98 per BOE in the second quarter of 2014.
Penn Virginia Corporation, an independent oil and gas company, explores, develops, and produces crude oil, natural gas liquids, and natural gas in various onshore regions of the United States.
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