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Friday 9 October 2015
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News Report on: Chemours Co (NYSE:CC), CMS Energy Corporation (NYSE:CMS), Kraft Heinz Co (NASDAQ:KHC), PPG Industries, Inc. (NYSE:PPG)

On Wednesday, Chemours Co (NYSE:CC)’s shares inclined 2.08% to $9.31.

The Chemours Company (CC), a global chemical company with leading market positions in titanium technologies, fluoroproducts and chemical solutions, declared recently that its Board of Directors declared a quarterly cash dividend of $0.03 per share on the company’s common stock for the fourth quarter of 2015. The dividend will be paid on December 14, 2015 to stockholders of record as of the close of business on November 13, 2015. This is the first dividend declared by Chemours as an independent publicly traded company.

The Chemours Company, a chemical company, provides titanium technologies, fluoroproducts, and chemical solutions. Its flagship products comprise brands, such as Teflon, Ti-Pure, Krytox Viton, Opteon, and Nafion. The company produces titanium dioxide, with Ti-Pure for coatings, plastics, laminates, and paper; and fluoroproducts, counting Teflon fluoropolymers, Krytox performance lubricants, Viton fluoroelastomers, and Opteon refrigerants.

CMS Energy Corporation (NYSE:CMS)’s shares dropped -1.26% to $32.23.

As Michigan small- and big-game seasons gear up, Consumers Energy offers a reminder that hunting is not allowed on its property, with the exception of its hydro properties in the northern Lower Peninsula.

Special provisions apply to Consumers Energy-owned lands encompassing 12,000 acres bordering its Au Sable, Manistee and Muskegon river hydroelectric facilities, where hunting is allowed.

However, constructing blinds, target shooting, baiting, burning and fire pits are strictly prohibited on all Consumers Energy land. In addition, dirt bikes, ATVs and other off-road vehicles may not be operated on any company property.

A free online brochure, “A Guide to Consumers Energy Land: To Our Michigan Neighbors,” provides information for landowners, developers and others on use of Consumers Energy property.

Consumers Energy, Michigan’s largest utility, is the principal partner of CMS Energy (CMS), providing natural gas and electricity to 6.6 million of the state’s 10 million residents in all 68 Lower Peninsula counties.

PROFILE

At the end of Wednesday’s trade, Kraft Heinz Co (NASDAQ:KHC)‘s shares dipped -2.57% to $72.17.

The Kraft Heinz Company is expanding the voluntary recall of select code dates and manufacturing codes of individually-wrapped American slices due to the possibility that a thin strip of the individual packaging film may remain adhered to the slice after the wrapper has been removed. If the film sticks to the slice and is not removed, it could potentially cause a choking hazard.

The original July 31, 2015 recall has been expanded. This product list below is inclusive of the formerly recalled 3 LB and 4 LB sizes of Kraft Singles American and White American pasteurized prepared cheese product with a “Best When Used By” date of 29 DEC 15 through 04 JAN 16, followed by the Manufacturing Code S54 or S55.

Only products with the S54 and S55 codes, which refer to the two production lines on which the influenced product was made, are comprised of in this recall. The “Best When Used By” Date and Manufacturing Code are stamped on both the outer box and the individual packages.

The Kraft Heinz Company, through its auxiliaries, operates as a food and beverage company in North America and internationally. It primarily offers food and beverage products, counting cheese, meats, refreshment beverages, coffee, packaged dinners, refrigerated meals, snack nuts, dressings, ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant nutrition, and other food and grocery products. The company offers its products under the brands, counting Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones, and Velveeta.

PPG Industries, Inc. (NYSE:PPG), ended its Wednesday’s trading session with -0.31% loss, and closed at $96.10.

PPG Industries (PPG) declared that it has accomplished its acquisition of IVC Industrial Coatings, Inc., a U.S.-based specialty powder and liquid coatings manufacturer with 2014 sales of more than $100 million. Financial terms were not revealed.

IVC, based in Brazil, Indiana, focuses on the development, manufacture and sale of powder and liquid coatings for the general industrial segment. Its industry-leading coatings are used on a wide variety of products, counting metal office furniture, material handling and storage products, automotive parts, motorcycles, industrial containers, small appliances and electronics such as printers, servers and audio-visual equipment. IVC employs more than 300 people and operates five plants in the U.S. (two in Brazil, Indiana, and one each in Grand Haven, Michigan; Atlanta, Georgia; and Casa Grande, Arizona), one plant in Guangdong, China, and a small development lab in Manchester, England. The company also has operations in Malaysia through a joint venture.

PPG Industries, Inc. manufactures and distributes coatings, specialty materials, and glass products. The company’s Performance Coatings segment provides coatings products for automotive and commercial transport/fleet repair and refurbishing; light industrial and specialty coatings for signs; sealants, coatings, maintenance cleaners, and transparencies for commercial, military, regional jet and general aviation aircraft, and transparent armor for specialty applications; and chemical administration services.

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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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