On Friday, Shares of General Electric Company (NYSE:GE), gained 0.96% to $26.27.
Sensus and GE’s Digital Energy business (GE) are working together, integrating Sensus FlexNet® communication technology into GE’s existing I-210+c™ electric meter—its most advanced residential electricity metering solution. As a result, electric utilities in the United States and Canada will have more options to deliver accuracy, reliability and quality service to their consumers.
“This partnership will deliver enormous benefits for the industry, counting operational efficiency and reliability of service,” said Sensus Vice President of Marketing Greg Myers. “Extending our partnership with GE—from commercial and industrial (C&I) to residential meters—complements our own electric meter portfolio and provides more choices for our customers.”
“Creating and sustaining two-way dialogue between end-users and electricity providers is critical,” said Ed Myszka, general manager, meters, GE Digital Energy. “By leveraging Sensus FlexNet technology with our world-class I-210+c electric meter, we’re able to keep this line of communication open with one comprehensive solution. This assists electric utilities meet energy demands and quickly identify and restore power outages while allowing their end-users to realize the benefits of the modern grid.”
General Electric Company (GE) operates as an infrastructure and financial services company worldwide. The company’s Power and Water segment offers gas, steam and aeroderivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment.
Shares of The Wendy’s Company (NASDAQ:WEN), declined -0.19% to $10.44, during its last trading session.
The Wendy’s Company, declared the final results of its modified Dutch auction tender offer, which expired at the end of the day, 12:00 midnight, New York City time, on June 30, 2015.
The Company has accepted for purchase 55,807,860 shares of its common stock at a purchase price of $11.45 per share, for an aggregate cost of $639.0 million, not taking into account fees and expenses regarding the tender offer. These shares represent about 15.3% of the total number of shares of the Company’s common stock issued and outstanding as of June 29, 2015.
The Wendy’s Company, through its auxiliaries, owns and franchises Wendy’s restaurant system. The company is involved in operating, developing, and franchising a system of quick-service restaurants. As of May 26, 2015, its restaurant system comprised of about 6,500 franchised and company-operated restaurants worldwide.
Finally, Flextronics International Ltd. (NASDAQ:FLEX), ended its last trade with 2.16% gain, and closed at $11.09.
Flextronics International, declared that it will hold a conference call to talk about its first quarter results on Thursday, July 23, 2015, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
Flextronics International Ltd. provides design, manufacturing, and supply chain services and solutions to original equipment manufacturers worldwide. The company offers innovation services, such as innovations labs for supporting customer design and product development services from early concept stages; collective innovation platform, an ecosystem of technology solutions.
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