On Thursday, Shares of United States Steel Corp. (NYSE:X), lost -2.75% to $18.01, hitting its lowest level.
United States Steel Corporation, declared that Suzanne Rich Folsom, general counsel, chief compliance officer, and senior vice president – government affairs, has been named a Best General Counsel by The Ethisphere Institute in their annual list of “Attorneys Who Matter.” Folsom was honored for the third successive year for her expertise and body of work as a general counsel and corporate compliance leader.
Folsom was honored alongside general counsels from iconic companies counting Microsoft, PepsiCo and Ford Motor Company, among others. Throughout her career she has worked in multiple corporations and organizations, transforming their legal, regulatory and compliance functions into best-in-class programs and establishing leading practices within the corporate world.
United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products.
Shares of Hertz Global Holdings, Inc. (NYSE:HTZ), declined -0.35% to $16.99, during its last trading session.
Hertz Global Holdings, declared that it has filed its Annual Report on Form 10-K for the fiscal year ending December 31, 2014, which comprises the restated results for 2012 and 2013 in addition to selected unaudited restated financial information for 2011. In addition, the Company has filed its Quarterly Report on Form 10-Q for the period ending March 31, 2015. The Company is now up to date on all of its filings with the Securities and Exchange Commission (the “SEC”) and with its NYSE listing requirements.
Hertz also declared progress on its planned separation of its equipment rental business (Hertz Equipment Rental Corporation or “HERC”) in addition to its capital allocation, cost savings, capacity plans and fleet refresh.
Hertz Global Holdings, Inc., through its auxiliaries, is engaged in the car and equipment rental businesses worldwide. It operates through four segments: U.S. Car Rental, International Car Rental, Worldwide Equipment Rental, and All Other Operations.
Finally, Kinder Morgan, Inc. (NYSE:KMI), ended its last trade with -0.48% loss, and closed at $37.40.
Kinder Morgan, declared that its board of directors authorized KMI’s partner, Tennessee Gas Pipeline Company (TGP), to proceed with TGP’s Northeast Energy Direct (NED) project’s “market path” segment from Wright, New York, to Dracut, Massachusetts, a $3.3 billion investment designed to serve natural gas utilities and electricity generation customers in New England. NED is designed to supply a critical energy resource, domestically produced, abundant and clean natural gas, to assist alleviate New England’s uniquely high natural gas and electricity costs caused by the severely limited natural gas transportation capacity presently serving the region. NED will be an extension off of KMI’s existing TGP pipeline, which has safely delivered natural gas to New England since the 1950s.
“We are excited that the market path component is moving forward and a determination now has been made on mainline capacity for the project, which is specifically targeted at serving the Northeast and New England’s identified future market needs,” said Kinder Morgan East Region Pipelines President Kimberly S. Watson. “At 30 inches in diameter, a 1.3 Bcf/d pipeline will serve the commitments we have received from New England local gas distribution companies (LDCs) and commitments we expect to receive from other LDCs and electric distribution companies (EDCs) to provide domestic, low cost and environmentally cleaner natural gas as a fuel for New England’s residential and industrial consumers, and to meet New England’s existing and anticipated gas-fired electricity generation demand.”
Kinder Morgan, Inc. operates as an energy infrastructure and energy company in North America. The company operates through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada, and Other segments.
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