During Thursday’s Current trade, Shares of Trina Solar Limited (ADR) (NYSE:TSL), lost -1.90% to $8.79.
Trina Solar Limited (TSL) a global leader in photovoltaic (“PV”) modules, solutions, and services, recently declared that a new Trina Solar-led national standard of “Test method for determining vinyl acetate (VA) content of ethylene-vinyl acetate copolymer applied in photovoltaic modules - Thermal Gravimetric Analysis (TGA)” (EVA-TGA) has been officially published by the Standardization Administration of China (SAC), signifying a major milestone in Trina’s continued efforts to create general standards across the PV industry.
TGA measures the relationship between the quality and the temperature when the testing material is subject to temperature changes. Ethylene-vinyl acetate (EVA) is hot-melt adhesive film, an essential component that is used in the manufacturing of solar modules to encapsulate the PV cells to ensure insulation and transparency.
Trina Solar Limited operates as an integrated solar-power products manufacturer and solar system developer in the People’s Republic of China, Europe, the United States, and other Asia Pacific regions.
Shares of Urban Outfitters, Inc. (NASDAQ:URBN), declined -0.78% to $29.13, during its current trading session.
MongoDB, the database for giant ideas, declared that Urban Outfitters, Inc. (NASDAQ: URBN), a leading lifestyle specialty retail company counting the Anthropologie, BHLDN, Free People, Terrain, and Urban Outfitters brands, uses MongoDB to advance its eCommerce platform.
Urban Outfitters is committed to building new and innovative customer experiences and has selected MongoDB for its flexibility and performance. By building a new MongoDB platform that provides capabilities and services for all channels, the retailer can now quickly design and release innovative apps, while delivering a rich, compriseent customer experience. In addition to its flexibility, MongoDB provides high availability and performance.
Urban Outfitters, Inc., a lifestyle specialty retail company, engages in the retail and wholesale of general consumer products. The company operates in two segments, Retail and Wholesale.
Colony Capital Inc (NYSE:CLNY), during its Thursday’s current trading session gained 0.51% to $19.65.
Starwood Waypoint Residential Trust (SWAY) and Colony American Homes (“CAH”) declared the signing of a definitive merger agreement (“Agreement”) to combine the two companies in a stock-for-stock transaction. In connection with the transaction, SWAY will internalize the SWAY manager. The combined internally managed company (“the Company”) is predictable to own and manage over 30,000 homes and have an aggregate asset value of $7.7 billion at the closing of the transaction. The merger is predictable to achieve estimated annualized cost synergies of $40 - $50 million.
Under the Agreement, the CAH shareholders will receive an aggregate of 64,869,583 SWAY shares in exchange for all shares of CAH. Upon completion of the transaction, existing SWAY shareholders and the former owner of the SWAY manager will own about 41% of the Company’s shares combined, while former CAH shareholders will own about 59% of the Company’s shares. The share allocation was determined based on each company’s net asset value and is not subject to adjustment. The Company’s shares will continue to trade on the New York Stock Exchange. The Company is predictable to maintain SWAY’s quarterly dividend of $0.19 per share. The transaction has been approved by the boards of both SWAY and CAH, and the terms of the internalization of the SWAY manager were negotiated and approved by a special committee of the board of trustees of SWAY. The transaction is predictable to close in the first quarter 2016. Among other things, the transaction is subject to approval of SWAY shareholders and customary closing conditions.
Colony Capital, Inc. is a publicly owned real estate investment trust. The firm invests in the real estate markets across the globe. It owns and manages a diversified portfolio of primarily real estate equity and debt-related investments. The firm also invests in turnaround situations and distressed situations.
Finally, DSW Inc. (NYSE:DSW), decreased -1.42%, to $24.95.
DSW Inc. (DSW), a leading branded footwear and accessories retailer, is happy to declare a new DSW to Bayfair Center on East 14th Street. The store will open on October 1, 2015.
The brand new store will be stocked with designer and name brand footwear and accessories for men and women at an extraordinary value. Twenty - one thousand pairs of men’s and women’s shoes will fill the 15,000 square feet space, making DSW the greatest shoe shopping destination in San Leandro, California right now. Ladies will be able to shop the latest fall trends counting a large assortment of boots and booties, retro style sneakers, comfort styles, and dressy pumps and heels. Guys will be able to get men’s casual and chukka boots, running shoes, dress shoes, and sneakers from their favorite brands.
Plus, the new store will have handbags and lots of accessories counting ponchos, wraps, and fashion socks for customers to create their ultimate fall wardrobe.
Shoppers will enjoy the low pressure and convenience of self-service shopping, but DSW associates will always be accessible to assist customers in finding more styles, sizes, and colors.
DSW Inc., together with its auxiliaries, operates as a branded footwear and accessories retailer in the United States. The company operates through two segments, DSW and Associated Business Group. It offers dresses, casual and athletic footwear, and accessories under various brands for women, men, and kids. The company also provides handbags, hosiery, jewelry, and other accessories.
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