Search
Thursday 25 June 2015
  • :
  • :
Latest Update

Current Trade News Analysis on: Red Hat (NYSE:RHT), Kate Spade & Co (NYSE:KATE), Pattern Energy Group (NASDAQ:PEGI), Airgas, (NYSE:ARG)

During Wednesday’s current trade, Red Hat Inc (NYSE:RHT)’s shares decline -0.26% to $79.41.

Red Hat, Inc. (RHT), the world’s leading provider of open source solutions, and Samsung Electronics America, Inc. (SEA) declared a planned alliance to deliver the next generation of mobile solutions for the enterprise. The alliance draws upon the combined strengths of each company – the breadth of Samsung’s mobile device portfolio fused with the depth of Red Hat’s open source middleware, mobile and cloud technologies – to deliver mobile solutions that enable rapid development and integration of enterprise applications for organizations moving toward a mobile-first strategy.

Red Hat, Inc. provides open source software solutions to enterprise customers worldwide. It develops and offers operating system, virtualization, middleware, storage, and cloud technologies. The company’s products comprise Red Hat Enterprise Linux, an operating system platform that runs on hardware for use in physical, virtual, container, and cloud environments; Red Hat Enterprise Virtualization, which comprises standalone virtualization functionality and administration tools for server and desktop deployments; and Red Hat JBoss Middleware that offers middleware for developing, deploying, and managing applications, in addition to integrating applications, data and devices, and automating business processes.

Kate Spade & Co (NYSE:KATE)‘s shares drop -0.72% to $24.80, during the current trading session Wednesday’s, hitting its highest level.

Kate Spade & Company (KATE) declared that Emilia Fabricant will join the Company as Executive Vice President, President of North America, effective June 29, 2015. In this role, Ms. Fabricant will oversee the Company’s North America business, with responsibilities across all distribution channels, and will report to Craig A. Leavitt, Chief Executive Officer.

Kate Spade & Company, together with its auxiliaries, designs and markets apparel and accessories. The company operates in three segments: KATE SPADE North America, KATE SPADE International, and Adelington Design Group. It offers handbags, briefcases, small leather goods, fashion accessories, jewelry, fragrances, and apparel for men, women, and children; and holds licensing agreements for footwear, swimwear, watches, optics, tabletop products, legwear, electronics cases, bedding, and stationery. The company markets and sells its products under the kate spade new york, KATE SPADE SATURDAY, JACK SPADE, AXCESS, MARVELLA, and TRIFARI brand names. It also designs, develops, and supplies jewelry for the LIZ CLAIBORNE and MONET brands; licenses LIZ CLAIBORNE NEW YORK brand; and engages in the apparel and non-apparel wholesale operations of the licensed LIZWEAR brand and other brands.

In a mid-morning trade, Pattern Energy Group Inc (NASDAQ:PEGI)‘s shares plunge -0.16% to $30.38.

Pattern Energy Group Inc. (PEGI) declared the addition of four wind power projects and two solar power projects to its list of identified Right of First Offer (ROFO) projects from Pattern Energy Group LP (“Pattern Development”). The six projects total 723 megawatts (MW). A total owned interest of 526 MW is being added to the ROFO list.

Highlights

  • Expands Pattern Energy’s presence into New Mexico and Japan.
  • Adds 526 MW to identified ROFO list, counting 128 MW in Japan and 398 MW in New Mexico.
  • Six new projects comprise two solar projects and four wind projects.
  • All projects will have long-term power purchase agreements (PPAs).
  • Enhances identified ROFO list to 14 projects with 1,346 MW of total owned capacity.

Pattern Energy Group Inc., an independent power company, owns and operates power projects in the United States, Canada, and Chile. As of March 2, 2015, the company owned interests in 12 wind power projects with the capacity of 1,636 megawatts. It sells electricity primarily to local utilities. Pattern Energy Group Inc. was founded in 2012 and is headquartered in San Francisco, California.

Airgas, Inc. (NYSE:ARG), during its Wednesday’s current trading session -1.03% loss and closed at $106.86.

Airgas, Inc. (ARG) declared that it will release its fiscal 2016 first quarter earnings before the market opens on Tuesday, July 28, 2015, and will host a teleconference at 10:00 a.m. ET that same day. The presentation materials will also be accessible online before the market opens on July 28 at http://investor.shareholder.com/arg/slides.cfm. A webcast of the teleconference will be accessible live and on demand through August 25 at http://investor.shareholder.com/arg/events.cfm.

Airgas, Inc., together with its auxiliaries, supplies industrial, medical, and specialty gases; and welding equipment and related products. It operates through two segments, Distribution and All Other Operations. The Distribution segment offers atmospheric gases, counting nitrogen, oxygen and argon; helium; hydrogen; welding and fuel gases, such as acetylene, propylene, and propane; carbon dioxide; nitrous oxide; ultra-high purity grades of various gases; special application blends; and process chemicals. This segment also rents gas cylinders, cryogenic liquid containers, bulk storage tanks, tube trailers, and welding-related and other equipment; and provides welding consumables and equipment, safety products, and construction supplies, in addition to maintenance, repair, and operating supplies.

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 through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.

 




Leave a Reply

Your email address will not be published. Required fields are marked *