On Tuesday, Shares of Cablevision Systems Corporation (NYSE:CVC), lost -0.92% to $27.94.
Cablevision Systems Corporation, will host a conference call to talk about results for the second quarter ended June 30, 2015 on Friday, August 7, 2015 at 10:00 a.m. Eastern Time. Cablevision will issue a press release reporting its results preceding to the market opening.
Cablevision Systems Corporation, together with its auxiliaries, owns and operates cable systems in the United States. The company operates through three segments: Cable, Lightpath, and Other.
Shares of Public Service Enterprise Group Inc. (NYSE:PEG), declined -2.38% to $40.64, during its last trading session.
Public Service Enterprise Group, stated Second Quarter 2015 Net Income of $345 million or $0.68 per share as contrast to Net Income of $212 million or $0.42 per share stated for the Second Quarter of 2014. Operating Earnings for the Second Quarter of 2015 were $289 million or $0.57 per share contrast to the Second Quarter of 2014 Operating Earnings of $245 million or $0.49 per share.
“We stated strong results for the second quarter,” said Ralph Izzo, chairman, president and chief executive officer. He went on to say, “Our businesses performed well. PSE&G’s expanded investment program is successfully translating into improvements in customer satisfaction at the same time operational improvements at PSEG Power supported raised output. We are updating our full year guidance to $2.80 - $2.95 per share from $2.75 - $2.95 per share based on the strength of results for both businesses for the first half of the year.”
Public Service Enterprise Group Incorporated, through its auxiliaries, operates as an energy company primarily in the northeastern and Mid Atlantic United States. The company operates nuclear, coal, gas, oil-fired, and renewable generation facilities with a generation capacity of about 13,146 megawatts.
At the end of Tuesday’s trade, Shares of TerraForm Global Inc (NASDAQ:GLBL), gained 1.95 % to $13.60.
SunEdison, and TerraForm Global, declared that TerraForm Global, a partner of SunEdison, has priced an underwritten initial public offering of 45,000,000 shares of its Class A common stock at a price to the public of $15.00 per share, representing gross proceeds of $675 million. The shares will start trading on the NASDAQ Global Select Market on July 31, 2015 under the ticker symbol “GLBL.” In connection with this offering, TerraForm Global has granted the underwriters a 30-day option to purchase up to an additional 6,750,000 shares of Class A common stock at the initial public offering price. TerraForm Global will also receive gross proceeds of $67.5 million from the sale of shares of Class A common stock in connection with a concurrent private placement transaction at a price per share equal to the initial public offering price.
TerraForm Global intends to use the net proceeds of this offering and the gross proceeds from the private placement transactions described in the prospectus to acquire newly-issued Class A units of TerraForm Global, LLC.
TerraForm Global, Inc. owns and operates renewable energy generation assets worldwide. It generates electricity through solar, wind, and hydro-electric projects with a total combined capacity of 987.8 megawatts.
Finally, New Residential Investment Corp (NYSE:NRZ), ended its last trade with -1.40% loss, and closed at $15.52.
New Residential Investment Corp., declared that it will release its second quarter financial results for the period ended June 30, 2015 on Thursday, August 6, 2015 preceding to the opening of the New York Stock Exchange.
In addition, administration will host a conference call on Thursday, August 6, 2015 at 8:00 A.M. Eastern Time.
New Residential Investment Corp., a real estate investment trust (REIT), focuses on investing in and managing residential mortgage related assets. It operates through Servicing Related Assets, Residential Securities and Loans, and Other Investments segments.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
