During Wednesday’s current trade, BankUnited (NYSE:BKU)’s shares decline -0.22% to $35.94.
BankUnited, Inc. (BKU) declared that its Board of Directors has declared a quarterly cash dividend of $0.21 per common share. The dividend will be payable on July 15, 2015 to stockholders of record at the close of business on July 1, 2015.
BankUnited, Inc. operates as the bank holding company for BankUnited, National Association that provides a range of banking products services to commercial and middle-market businesses, and individual customers in the United States.
Garmin Ltd. (NASDAQ:GRMN)‘s shares drop -0.33% to $45.11, during the current trading session Wednesday’s, hitting its highest level.
Garmin Ltd. (GRMN) introduced D2 Bravo, a next-generation aviator watch that combines practical functionality and sophisticated design to bring pilots and aviation enthusiasts a premium GPS watch. D2 Bravo incorporates Garmin’s signature direct-to and nearest airport navigation features, complete with a worldwide aviation navigation database. New and exclusive benefits such as altitude alerts, counting preset alerts for altitudes requiring supplemental oxygen, in addition to easy access to current aviation weather information, set D2 Bravo apart from other pilot watches on the market. In addition to in-flight functionality, D2 Bravo incorporates versatile activity tracking features and multi-sport functions while supporting Smartphone connectivity. With uncompromising details such as a stainless steel bezel and domed sapphire lens, D2 Bravo combines GPS and wearable technology that Garmin is known for with a sophisticated new form factor suitable for pilots and aviation enthusiasts alike.
Garmin Ltd., together with its auxiliaries, designs, develops, manufactures, and markets hand-held, wrist-based, and portable and fixed-mount global positioning system (GPS) enabled products; and other navigation, communication, and information products worldwide. It operates in five segments: Automotive/Mobile, Aviation, Marine, Outdoor, and Fitness. The Automotive/Mobile segment offers personal automotive navigation devices; and infotainment solutions, in addition to mobile applications under the Viago, StreetPilot, and NAVIGON brands.
In an afternoon trade, Methode Electronics Inc. (NYSE:MEI)‘s shares surge 1.57% to $44.13.
Methode Electronics, Inc. (MEI) will release its fourth-quarter and full-year Fiscal 2015 results for the period ended May 2, 2015, on Thursday, June 25, before the market opens.
Following the release, the Company will conduct a conference call and Webcast to review financial and operational highlights led by its President and Chief Executive Officer, Donald W. Duda, and Chief Financial Officer, Douglas A. Koman, at 10:00 a.m. Central time.
Methode Electronics, Inc. designs, manufactures, and markets components and subsystem devices worldwide. Its Automotive segment supplies electronic and electromechanical devices, and related products to automobile original equipment manufacturers. This segment’s products comprise control switches for electrical power and signals, connectors for electrical devices, integrated control components, switches and sensors that monitor the operation or status of a component or system, and packaging electrical components. The company’s Interconnect segment provides various copper and fiber-optic interconnect and interface solutions for the aerospace, appliance, commercial, computer, construction, consumer, material handling, medical, military, mining, networking, storage, and telecommunications markets.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), during its Wednesday’s current trading session 1.65% gain and closed at $1.23.
Yingli Green Energy Holding Co. Ltd. (YGE) declared that it has signed a framework agreement with Xi’an LONGi Silicon Materials Corp. (“LONGi”) to cooperatively manufacture monocrystalline silicon wafers, and ingots, solar cells and solar panels. The new partnership will assist LONGi, the world’s largest monocrystalline silicon manufacturer, expand into solar panel assembly while also enabling Yingli to integrate LONGi’s highly competitive technology into its production lines.
According to the agreement, the two parties will collaborate to employ their respective manufacturing capacities, technologies and resources across the full monocrystalline value chain, from monocrystalline ingots and wafers to solar cells and panels. For example, when producing ingots, Yingli will integrate LONGi’s technology and cost-saving advantages into its own production lines, and LONGi will supply high quality monocrystalline wafers to Yingli at a competitive price. Under the same circumstances, Yingli agrees to preferentially procure LONGi’s monocrystalline silicon wafers. In the meanwhile, both parties agreed to develop high-efficiency monocrystalline solar application markets from home and abroad and consider to use monocrystalline modules for their self-developed power plants, further to explore the possibilities to jointly develop monocrystalline silicon ingot plants. “We are happy to start collaborating with LONGi, a world leader in the production of monocrystalline silicon. Our partnership enables Yingli to make full use of its manufacturing capacity by both optimizing allocation and reducing costs,” commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy.
Yingli Green Energy Holding Company Limited, together with its auxiliaries, designs, develops, markets, manufactures, sells, and installs photovoltaic (PV) products in the People’s Republic of China and internationally.
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