On Friday, Shares of Emerson Electric Co. (NYSE:EMR), lost -3.32% to $45.26.
Recapping noteworthyprogress made this year, the head of Emerson Climate Technologies told industry leaders and the Obama administration recently his business introduced a new line of efficient, environmentally friendly compressors and unveiled a new energy administration system for small business. The unit of Emerson (EMR), a leader in the heating, ventilation, air conditioning and refrigeration industry, presented its update at the second annual environmental stewardship initiative session in Washington.
The negotiation comprised top energy officials from the Obama Administration and continued a strong partnership between the White House and climate industry leaders working together to transform the industry. Bob Sharp, Emerson executive vice president and head of Emerson Climate Technologies, described the growing success of the company’s ground-breaking environmental initiatives first unveiled at last year’s White House industry roundtable.
“Emerson is proud to assist our nation’s leaders understand that, with our customers, we drive transformational change across the global heating, ventilation, air conditioning and refrigeration industry,” Sharp said. “Over the last year, we delivered on our promise to improvement energy efficiency while enabling the use of lower global warming potential (GWP) refrigerants. We will only continue to build on that momentum that goes beyond government standards.”
Emerson Electric Co. provides technology and engineering solutions to industrial, commercial, and consumer markets worldwide. It operates through five segments: Process Administration, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions.
Shares of CBL & Associates Properties, Inc. (NYSE:CBL), inclined 0.83% to $14.66, during its last trading session.
CBL & Associates Properties, and Stirling Properties celebrated the Grand Opening of Phase II of Fremaux Town Center in Slidell, Louisiana. This second phase of construction adds 283,000 square feet to the existing shopping center and is anchored by Dillard’s. The rest of Phase II expansion is already 86% leased.
“We’re excited to join Stirling Properties to celebrate the opening of phase two of Fremaux Town Center,” said Michael Lebovitz, Executive Vice President, Development and Administration of CBL & Associates Properties, Inc. “The expansion of this thriving retail complex has allowed us to add even more great retail and restaurant options that will further solidify Fremaux Town Center as the premier regional shopping destination.”
CBL & Associates Properties, Inc. is a public real estate investment trust. It engages in acquisition, development, and administration of properties. The fund invests in the real estate markets of United States. Its portfolio comprises of enclosed malls and open-air centers.
Finally, Shares of Crescent Point Energy Corp. (NYSE:CPG), ended its last trade with - 0.98% loss, and closed at $15.14.
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Crescent Point Energy Corp., confirms that the dividend to be paid on November 16, 2015, in respect of October 2015 production, for shareholders of record on October 31, 2015, will be CDN$0.10 per share.
These dividends are designated as “eligible dividends” for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point’s dividends are considered “qualified dividends.”
Crescent Point’s shareholders will receive dividend payments in the form of cash.
Effective August 12, 2015, Crescent Point Energy has suspended the Dividend Reinvestment Plan (“DRIP”) and Share Dividend Plan (“SDP”). Current participants in the DRIP and/or SDP program do not need to take any further action and will have future dividends either direct credited to their bank account or paid by cheque.
Crescent Point Energy Corp. acquires, explores, develops, and produces oil and natural gas properties in Western Canada and the United States. The company’s oil and natural gas properties, and related assets are located in the provinces of Saskatchewan, Alberta, and Manitoba; and the states of North Dakota, Montana, Colorado, and Utah. Crescent Point Energy Corp. is headquartered in Calgary, Canada.
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