On Monday, Shares of Micron Technology, Inc. (NASDAQ:MU), gained 2.10% to $27.75.
Micron Technology, declared that the company has designated Ernie Maddock as Chief Financial Officer and Vice President, Finance, effective June 1, 2015.
Mr. Maddock will join Micron after having served as Executive Vice President and Chief Financial Officer at Riverbed Technology, where he was also responsible for worldwide operations and information technology.
Preceding to his role at Riverbed, Maddock was with Lam Research, where he held several executive positions counting Executive Vice President and Chief Financial Officer, Senior Vice President of Global Operations, and Vice President, Customer Support Business Group. Maddock’s career comprises financial and operational experience in several industries ranging from commercial real estate to telecommunications.
Micron Technology, Inc., together with its auxiliaries, provides semiconductor solutions worldwide. The company manufactures and markets dynamic random access memory (DRAM), NAND flash, and NOR flash memory products; and packaging solutions and semiconductor systems.
Shares of Canadian Solar Inc. (NASDAQ:CSIQ), inclined 5.36% to $39.09, during its last trading session.
Canadian Solar, attended the 2015 Deutsche Bank Clean Tech, Utilities and Power Conference in New York from Monday, May 11 to Tuesday, May 12, 2015 at the New York Palace hotel.
During the conference Ed Job, Director of Investor Relations was available to meet with institutional investors.
Canadian Solar Inc., together with its auxiliaries, designs, develops, manufactures, and sells solar wafers, cells, and solar power products worldwide. The company operates in two segments, Module and Energy. Its products comprise various solar modules that are used in residential, commercial, and industrial solar power generation systems.
At the end of Monday’s trade, Shares of Chevron Corporation (NYSE:CVX), lost -1.19% to $107.36.
According to Bloomberg, Saudi Arabian Chevron started shutting down production recently at the Wafra oil fields, removing about 250,000 barrels a day of potential supply from world markets, according to two people with knowledge of the matter.
The Chevron Corp. unit began halting operations at the fields that Saudi Arabia is developing jointly with Kuwait, according to the people, who asked not to be identified because the information is confidential. A Chevron Corp. media official had no immediate comment when asked by phone and e-mail.
Saudi Arabian Chevron faces difficulties obtaining work permits and bringing equipment to the Wafra fields, which lie in a neutral border zone controlled by both Kuwait and Saudi Arabia, Sally Jones, a spokeswoman for the company in London, wrote in an e-mail on April 21.
Chevron Corporation, through its auxiliaries, engages in the petroleum, chemicals, and power and energy operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, in addition to holds interest in a gas-to-liquids plant.
Finally, E. I. du Pont de Nemours and Company (NYSE:DD), ended its last trade with 0.16% gain, and closed at $75.40.
DuPont, issued the following statement:
Trian has once again shifted its narrative, mischaracterizing DuPont’s outperformance and making erroneous statements.
On Performance
Trian’s misleading statements on DuPont’s performance under current administration’s tenure are blatantly wrong in terms of both the time period and the stock appreciation.
These types of misstatements are an attempt to distract from the strong growth of the ongoing business that will comprise the next generation DuPont.
Don’t be misled by Trian – DuPont stands by its outperformance. The Company’s transformational actions have produced strong results, which are clearly visible in the 19% adjusted operating EPS CAGR and 6% segment sales CAGR of the ongoing business, demonstrating the momentum of the next generation DuPont.
DuPont is confident that shareholders are looking at the performance of DuPont’s ongoing business, which has delivered strong earnings and revenue growth.
- I. du Pont de Nemours and Company operates as a science and technology based company worldwide. The company’s Agriculture segment offers corn hybrid, soybean, canola, sunflower, sorghum, inoculants, seed products, wheat, rice, herbicides, fungicides, and insecticides.
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