On Wednesday, Duke Energy Corp (NYSE:DUK)’s shares inclined 0.68% to $71.10.
Duke Energy Florida owns coal-fired and natural gas generation providing about 9,000 megawatts of owned electric capacity to about 1.7 million customers in a 13,000-square-mile service area.
With its Florida regional headquarters located in St. Petersburg, Fla., Duke Energy is the largest electric power holding company in the United States with about $120 billion in total assets.
A sweltering hot Florida summer can cause your electric bill to jump as your air conditioning battles high humidity and temperatures comprising north of 90 degrees. But, you can survive the heat and your summer energy bills by following these simple tips from Duke Energy Florida.
Try these money-saving tips to assist reduce your electric use and save as the temperature rises:
- Set your thermostat to the highest comfortable setting. Energy used to cool a home during summer can account for half of a monthly electric bill. Adjusting your thermostat to 76 degrees from 73 degrees saves more than 15 percent in electricity costs. When leaving for the day, turn the setting up a few degrees.
- Keep the AC fan switch set to “auto” and save up to $25 a month as compared to leaving it set to “on” continuously as many people do.
- Change your air filters regularly. A dirty air filter can make a cooling system work harder, which uses more energy.
- Close blinds, drapes and shades during the hottest part of the day to keep the sun’s rays from heating the inside of your home.
- Turn off unnecessary lights, and use energy-efficient light bulbs that use less electricity and emit less heat.
Duke Energy Corporation, together with its auxiliaries, operates as an energy company in the United States and Latin America. It operates through three segments: Regulated Utilities, International Energy, and Commercial Power. The Regulated Utilities segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, Ohio, Kentucky, and Indiana; and transports and sells natural gas in southwestern Ohio and northern Kentucky.
Terex Corporation (NYSE:TEX)’s shares dropped -3.06% to $22.53.
Terex Corporation (TEX) gained 1% after the company declared the completion of its first asset-backed securitization worth $350 million. The company has also re-priced its Euro term loan.
Terex assists customers in renting, leasing and acquisition of its products through Terex Financial Services (TFS). TFS uses its equipment financing expertise to provide customers with solutions regarding the purchase of the company’s equipment.
The commercial paper conduit facility will be financed and secured by equipment loan and lease receivables originated by TFS in the U.S. and Canada. The new securitization facility will also enhance TFS’ ability to provide solutions for equipment financing, adding to its existing underwriting, warehousing and syndication practices.
Terex continues to grow and expand its TFS business, which undoubtedly requires a lower cost of funding. The additional liquidity offered by the facility grants a new source of low-cost funds that will be deployed for assisting customers secure equipment financing at competitive rates. It will also strengthen Terex’s capacity for organic growth.
Further, re-pricing of Euro term loans is predictable to reduce Terex’s interest costs by about $1 million annually. The company deals with interest rate risks by maintaining a balance between fixed and floating rate debt. Over the long term, Terex believes the mix will lead to lower interest cost. Moreover, the closing of new securitization facility, coupled with the re-pricing of term loans, further improves the company’s financial efficiency.
Terex Corporation operates as a lifting and material handling solutions company. Its Aerial Work Platforms segment designs, manufactures, services, and markets aerial work platform equipment, telehandlers, and light towers, in addition to related components and replacement parts under Terex and Genie names.
At the end of Wednesday’s trade, ONEOK, Inc. (NYSE:OKE)‘s shares dipped -1.77% to $38.78.
ONEOK, Inc. (OKE) the company declared and paid three dividends, and in January 2015, raised the dividend 7 percent.
Shareholders approved the following proposals:
- Election of three directors to the ONE Gas Board of Directors each for a three-year term;
- Selection of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm for 2015;
- Performance aims and approval of the company’s executive compensation plan on an advisory basis; and
- Advisory votes on executive compensation will be conducted on a yearly basis.
ONE Gas trades on the New York Stock Exchange under the symbol “OGS,” and is comprised of in the S&P MidCap 400 Index.
ONE Gas provides natural gas distribution services to more than 2 million customers in Oklahoma, Kansas and Texas. ONE Gas is one of the largest publicly traded, 100 percent regulated, natural gas utilities in the United States.
ONE Gas, Inc. (OGS) is a natural gas distribution company and the successor to the company founded in 1906 as Oklahoma Natural Gas Company, which became ONEOK, Inc. (OKE) in 1980. On January 31, 2014, ONE Gas officially separated from ONEOK into a stand-alone, 100 percent regulated, publicly traded natural gas utility.
ONE Gas is headquartered in Tulsa, Okla., and its companies comprise the largest natural gas distributor in Oklahoma and Kansas, and the third largest in Texas, in terms of customers.
ONEOK, Inc. engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates in Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments.
AerCap Holdings N.V. (NYSE:AER), ended its Wednesday’s trading session with 0.02% gain, and closed at $45.80.
AerCap Holdings N.V (AER) declared the completion of the secondary public offering of 71,184,686 of its ordinary shares by American International Group, Inc. (the “Selling Shareholder”) at a price to the public of $49.00 per ordinary share. In connection with the underwritten offering, the Selling Shareholder also granted the underwriters a 30-day option to purchase up to an additional 10,677,702 ordinary shares. AerCap will not receive any proceeds from the sale of the ordinary shares. AerCap also accomplished its formerly declared repurchase of 15,698,588 of its ordinary shares from the Selling Shareholder for $750 million.
Citigroup and Goldman, Sachs & Co. are serving as global coordinators and joint book running managers, and J.P. Morgan, Morgan Stanley & Co. LLC and UBS Investment Bank are serving as joint book running managers for the underwritten offering.
The Company has filed a registration statement (counting a prospectus) on Form F-3 with the SEC for the underwritten offering to which this communication relates. The registration statement automatically became effective upon filing on March 31, 2015. Investors should read the accompanying prospectus dated March 31, 2015, the prospectus supplement regarding the offering dated June 3, 2015 and other documents the Company has filed with the SEC for more complete information about the Company and this offering. These documents may be obtained for free by visiting EDGAR on the SEC`s website at www.sec.gov.
AerCap Holdings N.V., an independent aircraft leasing company, engages in the leasing, financing, sale, and administration of commercial aircraft and engines. The company provides aircraft asset administration and corporate services, counting remarketing aircraft; collecting rental and maintenance payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews. Its aircraft asset administration services also comprise periodically inspecting the leased aircraft; coordinating technical modifications to aircraft to meet new lessee requirements; conducting restructurings negotiations in connection with lease defaults; repossessing aircraft; arranging and monitoring insurance coverage; registering and de-registering aircraft; arranging for aircraft and aircraft engine valuations; and providing market research services.
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