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Sunday 18 October 2015
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Mix Active Stocks to Track: Colfax Corp (NYSE:CFX), PG&E Corporation (NYSE:PCG), Hudson City Bancorp, Inc. (NASDAQ:HCBK)

On Tuesday, Shares of Colfax Corp (NYSE:CFX), lost -3.18% to $29.53.

Colfax Corporation, declared that it will issue a press release providing financial results for the third quarter of 2015 at about 6:00 a.m. Eastern Daylight Time (“EDT”) on Wednesday, October 14, 2015.

Colfax Corporation, an industrial manufacturing and engineering company, provides gas-and fluid-handling, and fabrication technology products and services to commercial and governmental customers worldwide.

Shares of PG&E Corporation (NYSE:PCG), declined -0.49% to $52.74, during its last trading session.

Pacific Gas and Electric Company, declared that it has connected 200,000 solar customers, accounting for one in every four rooftop solar households in America. PG&E is among the fastest in the nation at connecting solar customers to the grid with an average of a five day turnaround. That’s better than the industry average of four weeks.

Year to date, PG&E has already connected over 70,000 solar customers to the electric grid, a rapid improvement contrast to 45,000 solar customers interconnected in all of 2014. Faster interconnections due to technical and process improvements assisted the utility get more customers online with solar than ever before.

“We connected our first solar customer to the grid in 1993, and since then we’ve been the nation’s leader in bringing solar to our customers’ homes. We hear from customers that they want choice and control when it comes to energy administration. For any customer who wants to take advantage of sunny days to generate power, we’re ready to connect them safely and quickly,” said PG&E Senior Vice President and Chief Customer Officer Laurie Giammona.

PG&E Corporation, through its partner, Pacific Gas and Electric Company, transmits, delivers, and sells electricity and natural gas to residential, commercial, industrial, and agricultural customers primarily in northern and central California.

Finally, Hudson City Bancorp, Inc. (NASDAQ:HCBK), ended its last trade with -0.90% loss, and closed at $9.96.

M&T Bank Corporation, declared that it has received approval from the New York State Department of Financial Services to complete the merger of M&T Bank with Hudson City Savings Bank as part of its acquisition of Hudson City Bancorp, Inc. (NASDAQ: HCBK) (“Hudson City”).

The transaction, which has already been approved by the Federal Reserve and shareholders of both companies, is predictable to be accomplished on or about November 1, 2015 pending the satisfaction of customary closing conditions.

Election materials were mailed on September 30, 2015 to holders of record of Hudson City common stock at the close of business on September 21, 2015. Shareholders of Hudson City have until 5:00 p.m., Eastern Daylight Time, on Friday, October 30, 2015 to elect the form of consideration they wish to receive in the transaction.

Hudson City Bancorp, Inc. operates as the holding company of Hudson City Savings Bank that provides various banking products and services in the United States.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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