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Friday 10 July 2015
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Active Stocks News Buzz: Calpine Corporation (NYSE:CPN), Ameriprise Financial, Inc. (NYSE:AMP), BorgWarner Inc. (NYSE:BWA), CPN, AMP, BWA

On Thursday, Shares of Calpine Corporation (NYSE:CPN), lost -0.73% to $17.58.

Calpine Corporation, declared that its partner, Matrix North American Construction has reached substantial completion on the Calpine (CPN) Garrison Energy Center, an attained EPC joint venture with Parsons Brinckerhoff.

“We are happy to declare that this project is substantially complete and as such Calpine is in commercial operation of the facility,” said Matrix Service Company president and CEO, John R. Hewitt. “We are proud of our team’s commitment to ensuring safe, high quality work and in meeting our delivery obligations under a difficult delivery plan. While we will be concluding various punch list activities during the coming weeks, we expect to complete the project within our previous forecast.”

Calpine Corporation, a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines.

Shares of Ameriprise Financial, Inc. (NYSE:AMP), declined -0.73% to $125.23, during its last trading session.

Ameriprise Financial, declared its second quarter 2015 financial results on Wednesday, July 22, 2015 after the close of the New York Stock Exchange. The company will host a conference call to talk about the results on Thursday, July 23, 2015 at about 9:00 a.m. (ET).

Ameriprise Financial, Inc., through its auxiliaries, provides various financial products and services to individual and institutional clients in the United States and internationally. The company’s Advice & Wealth Administration segment provides financial planning and advice, in addition to full-service brokerage services primarily to retail clients through its advisors.

Finally, BorgWarner Inc. (NYSE:BWA), ended its last trade with 0.40% gain, and closed at $57.65.

BorgWarner’s regulated two-stage turbo-charging technology improves the performance and fuel economy of Ford’s new powerful 2.0-liter diesel engine, the first Ford engine for passenger cars equipped with a two-stage turbo-charging system. The high-performance engine achieves an output of 155 kW (210 HP) and a maximum torque of 450 Nm. Engineered to provide outstanding performance and fast engine response while reducing emissions, the fuel-efficient diesel engine will debut in the Ford Mondeo, S-Max and Galaxy in mid-2015 and will replace the 2.2-liter TDCi diesel engine. BorgWarner’s R2S turbo-charging system is a cutting-edge technology designed to deliver outstanding performance combined with improved fuel economy for downsized diesel engines, a growing trend among automakers worldwide.

BorgWarner Inc. manufactures and sells engineered automotive systems and components primarily for powertrain applications worldwide. The company’s Engine segment offers turbochargers, timing devices and chain products, emissions systems, thermal systems, and diesel coldstart and gasoline ignition technology.

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