During Thursday’s Current trade, Shares of FuelCell Energy Inc (NASDAQ:FCEL), gain 2.31% to $0.901.
FuelCell Energy, Inc. (FCEL), a global leader in the design, manufacture, operation and service of ultra‐clean, efficient and reliable fuel cell power plants, recently declared the appointment of two new members to the Company’s Board of Directors, counting Paul F. Browning, former President and Chief Executive Officer, Irving Oil Company Limited and Matthew F. Hilzinger, Executive Vice President and Chief Financial Officer, USG Corporation. These additions to the FuelCell Energy Board of Directors enhance the total number of members to ten.
FuelCell Energy, Inc., together its auxiliaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. The company is also involved in the development, design, production, and sale of fuel cell products under the Direct FuelCell name. Its power plants electrochemically produce electricity and heat using various fuels, counting natural gas, methanol, diesel, biogas, coal gas, coal mine methane, and propane.
Shares of BCE Inc. (USA) (NYSE:BCE), inclined 1.46% to $40.43, during its current trading session.
BCE Inc. (BCE) declared that it has sold its 15% equity position in the Globe and Mail Inc. to The Woodbridge Company Limited, the primary investment vehicle for members of the Thomson family of Canada and majority owner of the Globe. Terms of the transaction were not revealed.
George Cope , President and Chief Executive Officer of BCE and Bell Canada stated that they thank Woodbridge for their partnership and support over the years and wish them the very best in taking Canada’s national newspaper forward.
BCE Inc., a telecommunications and media company provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through Bell Wireless, Bell Wireline, and Bell Media segments. The company offers data, local, long distance, and other communications services under the Bell Home Phone brand; direct-to-home satellite TV services under the Bell TV name; Internet protocol (IP) TV services under the Bell Fibe TV brand; and competitive local exchange carrier (CLEC) services.
TerraForm Power Inc (NASDAQ:TERP), during its Thursday’s current trading session gained 1.85% to $23.06.
SunEdison, Inc. (SUNE), the world’s largest renewable energy development company, and West Street Infrastructure Partners III (“WSIP”) and associates, recently declared the formation of a new $1 billion warehouse investment vehicle, the WSIP Warehouse, to fund construction costs and to acquire operating assets. TerraForm Power, Inc. (TERP), a global owner and operator of clean energy power plants, will have an exclusive call right over the warehoused assets.
The WSIP Warehouse is a $1 billion investment vehicle with $300 million equity committed, subject to certain conditions, by WSIP, the infrastructure fund managed by Goldman Sachs. The debt structuring will be led by Morgan Stanley, Bank of America and Deutsche Bank and will provide commitments for $700 million of debt in the form of a $500 million, five-year term loan and a $200 million, four-year revolving credit facility. SunEdison has the option to expand the facility by up to $1 billion to a total of $2 billion, subject to certain conditions.
TerraForm Power, Inc. owns and operates solar and wind generation assets serving utility, commercial, and residential customers. As of February 20, 2015, its portfolio compriseed of solar and wind projects located in the United States, Canada, the United Kingdom, and Chile with an aggregate nameplate capacity of 1,507.3 megawatt. The company was formerly known as SunEdison Yieldco, Inc. and changed its name to TerraForm Power, Inc. in May 2014. The company was founded in 2014 and is based in Bethesda, Maryland. TerraForm Power, Inc. is a partner of SunEdison, Inc.
Finally, Discovery Communications Inc. (NASDAQ:DISCK), gained 2.67%, to $26.18.
Discovery Communications, Inc. (DISCK) Reports Second Quarter 2015 Results
Second Quarter 2015 Financial Highlights:
- Revenues raised 3% to $1,654 million (raised 11% not taking into account currency effects)
- Adjusted OIBDA reduced 2% to $680 million (raised 6% not taking into account currency effects)
- Adjusted EPS reduced 16% to $0.49 (raised 4% not taking into account currency effects)
- Repurchased $207 million worth of stock
Second Quarter Results
Second quarter revenues of $1,654 million raised $44 million, or 3%, over the second quarter a year ago, led by 5% growth at U.S. Netoperates and 1% growth at International Netoperates. Adjusted Operating Income Before Depreciation and Amortization(1) (“OIBDA”) reduced 2% to $680 million, as 7% growth at U.S. Netoperates was more than offset by an 11% decline at International Netoperates and a small operating loss at Education and Other. Total Company revenues grew 11% and Adjusted OIBDA grew 6% not taking into account currency effects, as changes in foreign currency exchange rates reduced both second quarter revenue and Adjusted OIBDA growth by 8%. Not taking into account currency effects, the impact of Eurosport(2) and the consolidation of Discovery Family, total Company revenues raised 4% and Adjusted OIBDA raised 3%.
Discovery Communications, Inc. operates as a media company. The company operates through U.S. Netoperates; International Netoperates; and Education and Other segments. It owns and operates television netoperates under the brands, such as Discovery, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey network, Eurosport, DMAX, and Discovery Kids.
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