On Thursday, TerraForm Power Inc (NASDAQ:TERP)’s shares declined -1.40% to $16.85.
Zacks downgraded shares of TerraForm Power (TERP) from a buy rating to a hold rating in a research note issued to investors on Monday morning, AnalystRatings.Net reports.
According to Zacks, “TerraForm Power, Inc. is global renewable energy company. It operates clean power generation assets such as solar, wind, natural gas, geothermal and hydro-electricity. The Company owns and operates solar generation assets serving utility, commercial, and residential customers. TerraForm Power, Inc. is based in Beltsville, Maryland. “
TerraForm Power, Inc. (TerraForm Power), formerly SunEdison Yieldco, Inc., owns and operates contracted clean power generation assets. The Company operates the power generation assets of SunEdison, Inc. and its consolidated subsidiaries (SunEdison), and third parties. It focuses on acquiring solar and wind generation assets serving utility, commercial and residential customers.
Liberty Interactive Corp (NASDAQ:QVCA)’s shares dropped -2.02% to $26.64.
Liberty Interactive declared that it has extended the expiration of its exchange offer to acquire all of the outstanding shares of common stock of zulily, inc. to 12:00 midnight (one minute after 11:59 p.m.), Eastern Time, on September 30, 2015. The extended expiration date is predictable to allow for a quarter end closing of the transaction, which will enable Liberty Interactive to start consolidating zulily as of the starting of the fourth quarter.
The depositary for the exchange offer has advised that, as of 5:00 p.m., Eastern Time, on September 18, 2015, (i) a total of about 28,529 shares of zulily Class A common stock were validly tendered and not validly withdrawn in the Offer and (ii) no shares of zulily Class B common stock were validly tendered in the exchange offer.
Liberty Interactive Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the video and on-line commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its businesses and assets include its consolidated subsidiaries QVC, Inc. (QVC), Backcountry.com, Inc.
At the end of Thursday’s trade, General Mills, Inc. (NYSE:GIS)‘s shares dipped -0.80% to $56.95.
General Mills declared the re-launch of its new and improved digital platform, QueRicaVida.com. Harnessing the power of innovation and mobile technology, General Mills is creating a brand new site and mobile experience to meet the needs of the new Latina and her mobile lifestyle.
According to a recent study by IAB, Latina moms are leading mobile first lives with nearly 40 percent of Latina moms relying on mobile devices as their primary internet source. With social, digital and mobile playing an important role in their everyday lives, General Mills redesigned their new site to be socially intuitive and mobile friendly.
The improved website has more rich, diverse and relevant content and offers valuable recipes, savings and nutritional information in a way that is more convenient for consumers.
General Mills, Inc. is a manufacturer and marketer of branded consumer foods sold through retail stores. The Company is also a supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. The Company is organized into three operating segments: U.S. Retail, International, and Convenience Stores and Foodservice.
Philip Morris International Inc. (NYSE:PM), ended its Thursday’s trading session with 0.01% gain, and closed at $80.44.
The Board of Directors of Philip Morris International Inc. (NYSE/Euronext Paris:PM), recently raised the company’s regular quarterly dividend by 2% to an annualized rate of $4.08 per share.
The new quarterly dividend of $1.02 per share, up from $1.00 per share, is payable on October 14, 2015, to stockholders of record as of September 30, 2015. The ex-dividend date is September 28, 2015.
The company also declares that the Board of Directors has amended the company’s bylaws to enable eligible shareholders, who have owned three or more percent of the company’s shares for at least three years, to nominate and comprise in the company’s proxy statement director candidates to occupy up to 20% of the available Board seats. The amended bylaws will be made available promptly on the company’s website.
Philip Morris International Inc. is a holding company engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. The Company’s products are sold in more than 180 markets, which include a range of international and local, premium, mid-price and low-price brands.
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