On Tuesday, KB Home(NYSE:KBH)’s shares inclined 5.04% to $15.00.
KB Home (KBH), one of the nation’s largest and most recognized homebuilders, recently declared that Jay Lewis has been named president of its Orlando division. In this role, Lewis is responsible for the Company’s homebuilding operations across the region, from land acquisition and construction to sales and customer service.
Lewis arrives at KB Home with more than 30 years of experience in homebuilding with both national and local builders, counting the last eight years in the Central Florida area serving in various capacities. He holds a Bachelor of Science degree in business administration from Villanova University and a Master of Business Administration from Drexel University.
KB Home operates as a homebuilding company in the United States. It constructs and sells various homes, counting attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers under the name KB Home. The company also provides property and casualty insurance, in addition to earthquake, flood, and personal property insurance to its homebuyers; title services; and mortgage banking services, counting residential consumer mortgage loan originations to its homebuyers. It has operations in Arizona, California, Colorado, Florida, Maryland, Nevada, New Mexico, North Carolina, Texas, and Virginia.
Integrated Device Technology Inc(NASDAQ:IDTI)’s shares gained 5.26% to $19.82.
Integrated Device Technology, Inc. (IDTI) declared that members of the senior administration team will present to the investment community at the Credit Suisse Small & Mid Cap Conference on Wednesday, September 16, 2015 at Time: 9:30 am ET in The Waldorf Astoria, New York, NY
Integrated Device Technology, Inc. designs, develops, manufactures, and markets a range of semiconductor solutions for the communications, computing, and consumer industries worldwide. It operates in two segments, Communications, and Computing and Consumer. The Communications segment offers communication timing products, such as clocks and timing solutions; flow-control administration devices comprising Serial RapidIO switching solutions; multi-port products; telecommunications products; static random access memory products; first in and first out memories; digital logic products; radio frequency products; and MEMS oscillator solutions.
At the end of Tuesday’s trade, Sealed Air Corp(NYSE:SEE)‘s shares surged 2.36% to $51.69.
The Company reports that Mr. Stan Lis of Vancouver, BC , has been designated as President and CEO following the resignation of Glen Macdonald . Glen Macdonald is still a director of the Company. Mr. Lis has also been designated as a director to fill a vacancy in the Board resulting from the resignation of Mr. Ken Ralfs . Mr. Lis was the co-founder, past President and director of Targeted Microwave Solutions Inc. (formerly Carbon Friendly Solutions Inc.) since its inception in 2006 to 2015. He is an practiced businessman and has been involved with several public companies over the years, having raised a noteworthy amount of equity capital.
Mr. Casey Forward , CPA/CGA, based in Vancouver has been designated as CFO following the resignation of Mr. Glen Indra. Mr. Forward has also been designated as a director to fill a vacancy in the Board resulting from the resignation of Mr. Zygmunt Riddle Przetakiewicz . Mr. Forward has been a CPA/CGA (professional accountant) in British Columbia since 1985. Mr. Forward has been a director, Chief Executive Officer and/or Chief Financial Officer of several public companies trading on the TSX and TSX Venture Exchange. Most recently, he was the CFO for NioCorp Development Ltd. from 2010 to 2015.
Sealed Air Corporation provides food safety and security, facility hygiene, and product protection solutions worldwide. The company’s Food Care segment offers integrated system solutions that incorporate equipment systems into customers operations; and packaging equipment systems that incorporate various options for loading, filling and dispensing, and retort and aseptic processing conditions. It also provides graphic design, printing, training, field quality assurance, and remote diagnostics services; and clean-in-place and open plant systems that integrate cleaning chemicals, lubricants, floor care equipment, and cleaning tools.
Quanta Services Inc(NYSE:PWR), ended its Tuesday’s trading session with 3.08% gain, and closed at $24.42.
Quanta Services, Inc. (PWR) declared recently that Rockies Express Pipeline LLC (REX), selected Quanta Services to provide turnkey engineering, procurement and construction services for the REX Zone Three Capacity Enhancement Project. Quanta auxiliaries QPS Engineering and Price Gregory International will play key roles in the project, which comprises the installation of three new compressor stations and the upgrade of two existing compressor stations. As the only domestic pipeline that links the Rocky Mountain and Appalachian supply basins to the Midwest and Gulf Coast markets, REX provides an important outlet for producers moving natural gas from the Rockies and Utica/Marcellus shale plays to these major consumer markets which serve millions of natural gas consumers.
Quanta has commenced engineering and other front-end services for the project, with construction predictable to start in the second quarter of 2016 or when REX receives the required regulatory approvals. Subject to obtaining these approvals, completion is predictable in the fourth quarter of 2016. Once the project is complete, the new and upgraded facilities are predictable to create up to 800,000 dekatherms a day of additional natural gas takeaway capacity from the Appalachian Basin to the Midwestern and other high-demand natural gas markets.
Quanta Services, Inc. provides specialty contracting services to the electric power, and oil and gas industries in North America and internationally. The company’s Electric Power Infrastructure Services segment provides network solutions comprising design, installation, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure, and substation facilities.
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