On Thursday, Shares of Staples, Inc. (NASDAQ:SPLS), gained 2.51% to $14.32.
Staples, is assisting educators save more on classroom supplies, and get 110% ready for school with Teacher Appreciation Week, August 2 through 8.
Most teachers spend more than $400 of their own money each year to provide supplies and materials for their classrooms. During Staples’ Teacher Appreciation Week, teachers can get an exclusive coupon that provides 40 percent back in Staples® Teacher Rewards on popular items counting school supplies, teaching and art supplies in addition to cleaning and supplies for the classroom from brands teachers love such as Sharpie, 3M and Crayola.
Staples, Inc., together with its auxiliaries, operates office products superstores. It operates through three segments: North American Stores & Online, North American Commercial, and International Operations.
Shares of Southern Co (NYSE:SO), inclined 1.86% to $44.38, during its last trading session.
Georgia Power has declared that it has received a total of $1.8 billion in loans to date from the Federal Financing Bank (FFB) for the construction of the Plant Vogtle nuclear expansion. This is roughly half of the $3.46 billion that the FFB will lend for the project. Loans from the FFB for Georgia Power’s share of the Vogtle project are guaranteed under a 2014 agreement with the U.S. Department of Energy (DOE) – a partnership which is delivering hundreds of millions of dollars in predictable benefits for customers.
“As we reach the halfway point in predictable federal loans, the benefits of the Vogtle expansion we anticipate bringing to customers remain overwhelmingly positive,” said Buzz Miller, executive vice president of nuclear development for Georgia Power. “Georgia Power, and the other co-owners that have worked to complete the loan guarantee process, recognized the value of pursuing federal support for the first new U.S. nuclear units in decades and are bringing real savings for the state’s electric customers.”
The Southern Company, together with its auxiliaries, operates as a public electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi.
Finally, Allison Transmission Holdings Inc (NYSE:ALSN), ended its last trade with -1.19% loss, and closed at $29.03.
Allison Transmission Holdings, stated net sales for the second quarter of $511 million, a 5 percent decrease from the same period in 2014. The decrease in net sales was principally driven by lower demand in the global Off-Highway and Defense end markets partially offset by the continued recovery in the North America On-Highway end market, higher demand in the Outside North America On-Highway end market and price enhances on certain products.
Adjusted Net Income, a non-GAAP financial measure, for the quarter was $98 million, contrast to Adjusted Net Income of $117 million for the same period in 2014, a decrease of $19 million. Adjusted EBITDA, a non-GAAP financial measure, for the quarter was $186 million, or 36.3 percent of net sales, contrast to $186 million, or 34.7 percent of net sales, for the same period in 2014. Adjusted Free Cash Flow, a non-GAAP financial measure, for the quarter was $140 million, or $0.78 per diluted share, contrast to $135 million for the same period in 2014, or $0.74 per diluted share.
Allison Transmission Holdings, Inc., together with its auxiliaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical U.S. defense vehicles.
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