On Wednesday, American Electric Power Company Inc (NYSE:AEP)’s shares declined -1.28% to $53.39.
Greensmith, a leading provider of grid-scale energy storage software and integration solutions, declared that it has accomplished its $12.3 million Series C round of financing. The round was led with a $5 million dollar planned investment from American Electric Power (NYSE: AEP), one of the largest electric utilities in the United States, serving nearly 5.4 million customers in 11 states.
Securing a planned investment from a premier utility is a key component in solidifying Greensmith’s leadership position in the energy storage industry. With an industry-leading technology platform, a track record of successful deployments, and strong customer and partner relationships, Greensmith is poised to take a noteworthy share of the growing number of grid-scale storage opportunities.
American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The company generates electricity using coal and lignite, natural gas, nuclear, and hydroelectric and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants.
Lennar Corporation (NYSE:LEN)’s shares dropped -1.32% to $51.64.
Lennar Corporation (NYSE:LEN), one of the nation’s largest homebuilders, declared that the Company will release earnings for the third quarter ended August 31, 2015 before the market opens on September 21, 2015. Additionally, the Company will hold a conference call on September 21, 2015 at 11:00 a.m. Eastern Time.
The call will be broadcast live on the Internet and can be accessed through Lennar’s website at www.lennar.com. If you are unable to take part during the live webcast, the call will be archived at www.lennar.com for 90 days.
Lennar Corporation, together with its auxiliaries, engages in the homebuilding activities in the United States. The company operates through Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida, Homebuilding Houston, Financial Services, Rialto, and Lennar Multifamily segments. Its homebuilding activities primarily comprise the construction and sale of single-family attached and detached homes to first-time, move-up, and active adult homebuyers, in addition to the purchase, development, and sale of residential land. T
At the end of Wednesday’s trade, St. Jude Medical, Inc. (NYSE:STJ)‘s shares dipped -3.72% to $68.59.
St. Jude Medical, Inc. (STJ) declared that its Board of Directors has implemented a leadership transition plan that capitalizes on the strength of the St. Jude Medical administration team. Effective January 1, 2016, Michael T. Rousseau will become President and Chief Executive Officer (CEO) and a member of the St. Jude Medical Board of Directors. Daniel J. Starks, following a distinguished career as St. Jude Medical’s Chairman, President and Chief Executive Officer, has decided to retire from his position as President and Chief Executive Officer and has been elected Executive Chairman of the St. Jude Medical Board of Directors.
“St. Jude Medical is moving forward with this leadership succession from a position of strength and, because of this, we believe it’s the right time to make this transition,” Starks said. “Our compriseent ability to deliver impactful technologies that improve patient outcomes is what ultimately drives sales and creates shareholder value. The progress we have made with our innovation-based growth program is becoming increasingly visible. We have demonstrated our ability to accelerate sales driven by our key growth driver programs, counting CardioMEMS, our atrial fibrillation portfolio and our robust pipeline of neuromodulation products for chronic pain.”
St. Jude Medical, Inc., together with its auxiliaries, develops, manufactures and distributes cardiovascular medical devices for cardiac rhythm administration, cardiovascular, and atrial fibrillation therapy areas worldwide. It operates in two divisions, Implantable Electronic Systems, and Cardiovascular and Ablation Technologies.
Realty Income Corp (NYSE:O), ended its Wednesday’s trading session with -0.77% loss, and closed at $43.97.
Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, recently declared its Board of Directors has declared an enhance in the company’s common stock monthly cash dividend to $0.1905 per share from $0.19 per share. The dividend is payable on October 15, 2015 to shareholders of record as of October 1, 2015. This is the 82nd dividend enhance since Realty Income’s listing on the NYSE in 1994. The new monthly dividend amount represents an annualized dividend amount of $2.286 per share as contrast to the previous annualized dividend amount of $2.28 per share.
The Board of Directors also declared a dividend on the company’s Monthly Income Class F preferred stock. The monthly dividend amount of $0.138021 on the Class F preferred shares is payable on October 15, 2015 to shareholders of record as of October 1, 2015. The annualized dividend amount for the Class F preferred shares is $1.65625 per share.
Realty Income Corporation is a publicly traded real estate investment trust. It invests in the real estate markets of the United States. The firm makes investments in commercial real estate. Realty Income Corporation was founded in 1969 and is based in Escondido, California.
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