Search
Friday 3 July 2015
  • :
  • :
Latest Update

News Review: United Technologies (NYSE:UTX), Goldcorp (NYSE:GG), Daktronics, (NASDAQ:DAKT), Leucadia National (NYSE:LUK)

On Friday, United Technologies Corporation (NYSE:UTX)’s shares inclined 0.13% to $113.52.

UTC Aerospace Systems has been selected by IndiGo to supply the wheels and carbon brakes for its fleet of new Airbus A320neo aircraft. UTC Aerospace Systems will provide the equipment through its Landing Systems facility in Troy, Ohio. First aircraft delivery is planned for November 2015. UTC Aerospace Systems is a unit of United Technologies Corp. (UTX).

The A320neo carbon brakes use proprietary DURACARB® carbon heat sink material which has exhibited superior brake life performance on other in-service programs thereby creating noteworthy cost savings over the life of the aircraft for our customers through fewer brake removals and associated maintenance and overhaul activity.

Launched in 2006, IndiGo is headquartered in Gurgaon, India. It is the largest airline by passengers carried, and the fastest growing airline in the country in one of the world’s most quickly expanding markets. Its primary hub is located at Delhi’s IGI Airport. The airline presently operates a fleet of ninety-seven Airbus A320 aircraft.

United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide. Its Otis segment designs, manufactures, sells, and installs passenger and freight elevators, escalators, and moving walkways; modernization products to upgrade elevators and escalators; and maintenance and repair services.

Goldcorp Inc. (USA) (NYSE:GG)’s shares dropped -0.30% to $16.51.

Goldcorp Inc. (USA) (GG) released its latest Sustainability Report, which provides detailed insights into the Company’s economic, environmental, and social performance, in addition to its commitment to responsible mining and sustainability excellence.

Performance highlights from the 2014 report comprise:

  • Achieved zero workplace fatalities, Goldcorp’s number one corporate objective.
  • Rolled out Goldcorp’s Sustainability Excellence Administration System (SEMS), which provides an integrated platform for delivering on, and measuring the impact of, the Company’s sustainability commitments and objectives.
  • Improved stakeholder partnerships by signing two agreements with First Nations communities and joining the Mining Association of Canada and the World Economic Forum.
  • Became a signatory to the Catalyst Accord, an initiative that encourages diversity and the inclusion of women on boards of directors.
  • Developed the Tailings Stewardship Strategy, which sets best practice standards that complement government regulations.
  • Contributed about $62 million in community contributions through community investments, donations, sponsorships, infrastructure investments, and collaborative agreements.

The 2014 Sustainability Report is the product of improved integration of sustainability issues with other business drivers and features four new components: expanded sustainability targets, synthesized achievements and challenges faced during the reporting period, improved information on strategy and administration approaches, and improvements to formatting so that readers can access information in different ways.

Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. The company primarily explores for gold, silver, copper, lead, and zinc deposits. Its principal mining properties comprise the Red Lake, Éléonore, Porcupine, and Musselwhite gold mines in Canada and the United States; the Peñasquito, Los Filos, and El Sauzal properties in Mexico; the Marlin property in Guatemala; the Alumbrera property in Argentina; and the Pueblo Viejo mine in the Dominican Republic.

At the end of Friday’s trade, Daktronics, Inc. (NASDAQ:DAKT)‘s shares gained 1.58% to $12.23.

Daktronics, Inc. (DAKT) declared the retirement of director James A. Vellenga from its board of directors effective September 2, 2015. The board has selected Kevin P. McDermott and John P. Friel as independent directors. Mr. McDermott fills the vacancy created by the May 1, 2015 retirement of Bruce W. Tobin, and his appointment is effective right away. Mr. Friel is nominated to fill Mr. Vellenga’s vacancy, and he will stand for election at the September 2, 2015 annual meeting of shareholders.

Daktronics, Inc., together with its auxiliaries, designs, manufactures, and sells various electronic display systems and related products worldwide. It operates through five segments: Commercial, Live Events, Schools and Theatres, Transportation, and International. The company offers video display systems, such as displays to show various levels of video, graphics, and animation, in addition to controllers to manage the operation of the display; LED architectural lighting and display products, which comprise freeform video elements; scoring and timing products, counting indoor and outdoor scoreboards for various sports, digit displays, scoring and timing controllers, statistics software, and other related products; and timing systems for sports events, primarily aquatics and track competitions, in addition to swimming touchpads, race start systems, and relay take-off platforms.

Brookline Bancorp, Inc. (NASDAQ:BRKL), ended its Friday’s trading session showed no change gain, and closed at $11.48.

Brookline Bancorp, Inc. (BRKL) declared that its Board of Directors approved an enhance in the number of members of its Board of Directors to 14 members and designated John M. Pereira as a director to fill the vacancy created by that action.

Mr. Pereira is President of Combined Properties, Inc., a real estate investment and development firm located in Malden, Massachusetts. Prior to joining Combined Properties, Mr. Pereira was a partner with the law firm of Sherin and Lodgen in Boston. Mr. Pereira is active in the community, serving as a director for Triangle, Inc., and as member of the development committee for Mystic Valley Elder Services. He is a registered real estate broker and is a member of the Greater Boston Real Estate Board. He is also a member of the Massachusetts Bar Association, National Association of Office and Industrial Properties, Real Estate Finance Association, Chelsea Boys and Girls Club Breakfast Club, and the Chelsea, Malden, Medford, and North Shore Chambers of Commerce. Mr. Pereira earned his Juris Doctorate degree from Boston College Law School and his Bachelor of Science degree from the University of Massachusetts, Dartmouth.

Brookline Bancorp, Inc. operates as the holding company for Brookline Bank, Bank Rhode Island, and First Ipswich Bank that provide commercial, business, and retail banking services to corporate, municipal and individual customers. It accepts various deposit products, counting demand checking, NOW, savings, money market, and certificate of deposit accounts. The company also offers loans, such as first mortgage loans secured by commercial, multi-family, and residential real estate properties; loans to business entities comprising commercial lines of credit; loans to condominium associations; and loans and leases used to finance equipment used by small businesses.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

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.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




Leave a Reply

Your email address will not be published. Required fields are marked *