During Wednesday’s current trade, CIT Group Inc. (NYSE:CIT)’s shares decline -0.02% to $47.02.
CIT Group Inc. (CIT) a global leader in transportation finance, has selected the V2500 engine to power five Airbus A321ceo aircraft that it ordered in March 2015. The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney (UTX), Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines.
As one of the world’s leading aircraft leasing organizations, CIT Aerospace provides leasing and financing packages, counting operating leases and structuring and advisory services, for commercial airlines worldwide. CIT Aerospace owns, finances and manages a fleet of more than 350 commercial aircraft serving about 100 customers in 50 countries. www.cit.com/aerospace
Founded in 1908, CIT is a bank holding company with more than $35 billion in finance and leasing assets. It provides financing and leasing capital to its more than one million small business and middle market clients and their customers across more than 30 industries. CIT maintains leadership positions in small business and middle market lending, factoring, retail finance, aerospace, equipment and rail leasing, and global vendor finance. www.cit.com
CIT Group Inc. operates as the holding company for CIT bank that provides commercial financing and leasing products; and a suite of savings options in the United States. Its Transportation & International Finance segment offers leasing and financing solutions to operators and suppliers in the aviation and railcar industries. It offers aircraft leasing, lending, asset administration, and advisory services to airlines; and term loans, leases, pre-delivery financing, fractional share financing, and vendor/manufacturer financing for corporate and private owners of business jets.
Canadian Solar Inc. (NASDAQ:CSIQ)‘s shares gain 0.34% to $32.83, during the current trading session Wednesday’s, hitting its highest level.
Canadian Solar Inc. (CSIQ) one of the world’s largest solar power companies, recently declared that it served as the supplier of photovoltaic (PV) modules for the 42.9 MW Takataya Hibiki PV plant in Kitakyushu, Japan. In total, Canadian Solar offered 168,240 Canadian Solar CS6P-255P solar panels.
The Takataya Hibiki solar power plant, located in the Fukuoka prefecture, is predictable to reach commercial operation in August of 2015. While the independent power producer is Takataya Co. Ltd, JGC Corporation offered turnkey engineering, procurement, and construction services. Takataya Hibiki is predictable to generate 49 million kWh annually, which is equivalent to powering 13,600 homes. Furthermore, the system will displace about 32,340 metric tons of carbon dioxide every year.
Canadian Solar Inc., together with its auxiliaries, designs, develops, manufactures, and sells solar wafers, cells, and solar power products worldwide. The company operates in two segments, Module and Energy. Its products comprise various solar modules that are used in residential, commercial, and industrial solar power generation systems. The company also provides specialty solar products comprising of Andes Solar Home System, an off-grid solar system, designed to provide an economical source of electricity to homes and communities without access to grid; and Maple Solar System, a clean energy solution for families, in addition to solar system kits, which are a ready-to-install packages, such as inverters, racking system, and other accessories.
In an afternoon trade, Ruckus Wireless Inc (NYSE:RKUS)‘s shares plunge -1.03% to $11.58.
Ruckus Wireless, Inc. (RKUS) and The Cloud, a Sky company, declared recently that the American Express Community Stadium (The AMEX) is providing an exceptional interactive user experience with the successful deployment of a Ruckus Smart WiFi network. For football club fans, in addition to attendees of other events held at The AMEX, the new network provides spectators access to free, high-performance WiFi throughout the entire stadium. ]
Located in Falmer, Brighton, East Sussex, England (UK), The AMEX is one of the most modern stadiums in the UK. Home to the Brighton & Hove Albion Football Club—the Seagulls, The AMEX seats about 35,000 people, hosting a variety of sporting events, concerts, conferences, and exhibitions. It has become one of the most popular meeting and events venues on the South Coast, regularly catering to conferences and some 23+ home soccer games a season. The AMEX will also host games during the forthcoming 2015 Rugby World Cup.
Ruckus Wireless, Inc. provides carrier-class Wi-Fi solutions to service providers and enterprises worldwide. It provides gateways, controllers, and access points with related software and services. The company offers SmartCell, a line of carrier-grade wireless access and administration products that comprise specialized hardware products, such as SmartCell Gateways and SmartCell Access Points, in addition to software solutions comprising virtualized SmartCell Gateway and SmartCell Insight software platforms. It also provides ZoneFlex indoor and outdoor access points, which support various virtual WLANs, Wi-Fi encryption, and advanced traffic handling, in addition to point-to-point and multipoint bridges.
ACE Limited (NYSE:ACE), during its Wednesday’s current trading session -0.10% loss and closed at $106.17.
The United States faces an predictable shortfall of $1.6 trillion in needed infrastructure spending through 2020, reports the American Society of Civil Engineers1. This expectation is leading state and local governments to increasingly turn to public-private partnerships, known as P3s, to assist meet critical infrastructure needs without having to raise taxes or enhance debt loads. ACE Group recently released an advisory that examines the exposures and complex insurance issues U.S. contractors may face as they engage in infrastructure projects financed through P3s.
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ACE Limited, through its auxiliaries, provides a range of property and casualty insurance and reinsurance products worldwide. The company’s Insurance North American P&C segment offers casualty insurance, environmental, inland marine, professional risk, disaster protection, vacant land and building, and claims and risk administration services; homeowners, automobile, valuables, umbrella liability, and recreational marine insurance; and wholesale excess and surplus lines property, casualty, environmental, professional liability, inland marine, and product recall coverages.
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