During Wednesday’s Morning trade, Shares of PepsiCo, Inc. (NYSE:PEP), gained 0.78% to $99.57.
In celebration of PepsiCo’s (PEP) 50 years as a combined food and beverage company, PepsiCo Chicago is giving back to the local community through planned grants and volunteer events. PepsiCo Chicago is home to many of PepsiCo’s most iconic and loved nutrition brands, counting Quaker, Tropicana, Naked Juice and Gatorade.
For more than five decades, PepsiCo and the PepsiCo Foundation have worked to build brighter futures in the communities where we operate through employee volunteerism and community giving. This year, as part of the company’s overall “50 for 50 Community Give Back” program, the PepsiCo Foundation is supporting Chicago Cares and Big Brothers Big Sisters of Metropolitan Chicago with grants of $62,500 each. The PepsiCo Foundation will be providing 82 grants totaling $5 million globally.
“A key aspect of our 50th anniversary celebration is making a positive difference in the communities that have supported us and made our success possible,” said Lauren Burns, Senior Director of Communications at PepsiCo. “As a volunteer myself, I couldn’t be more proud that we are contributing to the great work that Chicago Cares and Big Brothers Big Sisters do for Chicagoans.”
The “50 for 50” program engaged employees to take part and select the organizations that ultimately received the grants. More than 5,000 employees have volunteered with Chicago Cares and Big Brothers Big Sisters of Metropolitan Chicago over the years.
PepsiCo, Inc. operates as a food and beverage company worldwide. Its Frito-Lay North America segment offers Lay’s potato chips, Doritos tortilla chips, Cheetos cheese-flavored snacks, Tostitos tortilla chips, branded dips, Ruffles potato chips, Fritos corn chips, and Santitas tortilla chips.
Shares of Plug Power Inc (NASDAQ:PLUG), declined -0.54% to $1.83, during its current trading session.
Plug Power Inc., launches the Gen Drive 3340 fuel cell unit into production to fulfill customer orders. The Gen Drive 3340 is Plug Power’s next-generation Gen Drive Series 3000 product for pallet jack electric lift trucks.
The unit is designed around Plug Power’s air-cooled fuel cell stack. This new stack enables a simplified unit design and features greater fuel efficiency, leading to both higher reliability and longer run times. Additionally, the Gen Drive 3340 provides constant voltage resulting in less wear and tear on the truck’s electronics, reducing the need for service and maximizing uptime. The fuel cells have proven themselves in all warehouse and distribution center conditions, and, unlike lead acid batteries, perform especially well in extreme conditions such as cold storage facilities.
“Plug Power continues to lead the industry with state-of-the-art products that customers can rely on to drive their business,” said Andy Marsh, CEO of Plug Power. “The GenDrive 3340 offers customers an expanded ability to improvement productivity with lower operational costs, and with raised runtime. Customers will see even more efficiency in their operations. It’s also an important move for Plug Power to expand the use of our in-house technology, which improves our product margins.”
Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of fuel cell systems for the industrial off-road markets worldwide.
Finally, Shares of New Gold Inc. (USA) (NYSEMKT:NGD), lost -0.93%, and is now trading at $2.13.
New Gold Inc., provides an update on the company’s exploration success at the Peak Mines (“Peak”). The company’s 2015 exploration efforts have resulted in the discovery of two new zones of polymetallic mineralization, Chronos and Anjea, both located right away adjacent to current and past-producing ore deposits within Peak’s main nine-kilometre long mine corridor. Chronos is a zone of gold-silver-copper-lead-zinc mineralization located directly above the Perseverance ore body which is presently in production and adjacent to the Peak mill. Anjea is a zone of copper-gold-silver-lead-zinc mineralization located adjacent to the historic Great Cobar mine and about nine kilometres north of the Peak mill.
For full drill hole results and additional information related to the location of the Chronos and Anjea zones, refer to the news release filed on SEDAR at www.sedar.com or on the company’s website at www.newgold.com.
“We are very happy to have discovered two new zones of mineralization in such close proximity to our existing infrastructure,” stated Mark Petersen, Vice President Exploration. “It is rewarding to see a mine that has already delivered over twenty years of resource replacement continue to demonstrate such strong potential for new discoveries. We look forward to building further on the results at both Chronos and Anjea in addition to several newly emerging mineralized prospects between them.”
New Gold Inc., a gold mining company, engages in the acquisition, exploration, development, and operation of mineral properties. It primarily explores for gold, silver, and copper deposits.