On Wednesday, DDR Corp (NYSE:DDR)’s shares inclined 1.36% to $15.67.
DDR Corp. (DDR) declared its second quarter 2015 Preferred Class J stock dividend of $0.406250 per depositary share and Preferred Class K stock dividend of $0.39063 per depositary share.
Each Class J depositary share is equal to one-twentieth of a share of DDR’s 6.50% Class J Cumulative Redeemable Preferred Stock. The declared Preferred Class J dividend covers the period starting April 15, 2015 and ending July 14, 2015. The declared Preferred Class J Dividend is payable July 15, 2015 to shareholders of record at the close of business on July 1, 2015.
Each Class K depositary share is equal to one-twentieth of a share of DDR’s 6.25% Class K Cumulative Redeemable Preferred Stock. The declared Preferred Class K dividend covers the period starting April 15, 2015 and ending July 14, 2015. The declared Preferred Class K Dividend is payable July 15, 2015 to shareholders of record at the close of business on July 1, 2015.
DDR Corp. is an equity real estate investment trust. It invests in the real estate markets of the United States and Puerto Rico. The firm is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. It formerly known as Developers Diversified Realty Corp. DDR Corp is based in Beachwood, Ohio.
CMS Energy Corporation (NYSE:CMS)’s shares gained 1.08% to $32.19.
Mary Palkovich, vice president of energy delivery for CMS Energy Corp. (CMS), has been recognized by the Midwest Energy Association with a Maverick Award for her empowerment and advancement of women into leadership positions.
The Maverick Award is presented annually to someone who actively take parts in the advancement of women in leadership, who advocates for the professional advancement of women, and who acknowledges the full talents and capabilities and organizational benefits of women in energy operations and engineering.
Palkovich was also praised by several other current and former work associates for her leadership abilities. “Game-changer, that’s how I describe Mary Palkovich. She has tremendous influence, which she uses intentionally, to add value and drive positive change for the company, and for those she works with,” said Stephanie Menning, executive director at the Minnesota Utility Contractors Association.
A member of the Consumers Energy leadership team since 2013, Palkovich is responsible for engineering and planning for the company’s electric and natural gas distribution systems. She leads a team that develops and executes plans to maintain, upgrade and expand these distribution systems.
Prior to joining Consumers Energy, Palkovich held various engineering leadership roles at CenterPoint Energy, Minnegasco and Panhandle Eastern utility companies. She holds a bachelor’s degree in computer science and math from the University of Missouri-Kansas City, and an associate’s degree in civil engineering technology from Michigan Technological University.
CMS Energy Corporation operates as an energy company primarily in Michigan, the United States. The company’s Electric Utility segment engages in the generation, purchase, distribution, and sale of electricity to residential, commercial, and various industrial customers in Michigan’s Lower Peninsula. It operates a network of coal, gas, hydroelectric, oil, and wind generation plants. This segment’s distribution system comprises 434 miles of high-voltage distribution radial lines; 4,261 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 56,022 miles of electric distribution overhead lines; 10,304 miles of underground distribution lines; and substations with an aggregate transformer capacity of 24 million thousand volt-amperes. The company’s Gas Utility segment is involved in the purchase, transmission, storage, distribution, and sale of natural gas.
At the end of Wednesday’s trade, Archer Daniels Midland Company (NYSE:ADM)‘s shares surged 0.85% to $48.63.
Archer Daniels Midland Company (ADM) and Quality Liquid Feeds, Inc. declared that the two companies have entered into a 50-50 joint venture for the production and sale of liquid feed supplements for livestock. The joint venture consists of four liquid feed production facilities formerly owned by ADM—in Twin Falls, Idaho; Billings, Montana; Fremont, Nebraska; and Johnstown, Colorado—as well as the Loomix® brand. The new venture, which will be called Alliance Liquid Feeds, will serve portions of the Western United States. Quality Liquid Feeds continues to be owned by the Berg family and will continue to market QLF-branded liquid feed supplements out of their 12 facilities in the Midwest, East and Southwest United States.
Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. The company’s Oilseeds Processing segment originates, merchandises, crushes, and processes soybeans and soft seeds into vegetable oils and protein meals. It offers ingredients for the food, feed, energy, and industrial products industries; crude vegetable and salad oils; refined oils; oilseed protein meals; natural health and nutrition products, and other specialty food and feed ingredients; and cottonseed flour and cotton cellulose pulp. This segment is also involved in edible oils refining, sugar milling and refining, and grains processing activities; and the provision of biodiesel and fertilizers, specialty fats, and oleo chemicals, in addition to supplies peanuts and tree nuts, and agricultural commodity raw materials.
Pandora Media Inc (NYSE:P), ended its Wednesday’s trading session with -1.35% loss, and closed at $15.33.
Pandora (P), the leading Internet radio service, declared that its display inventory is now accessible for programmatic buying across smartphones and tablets. Pandora’s new programmatic solution supplements its desktop offering to deliver viewable inventory, qualified data and a robust, engaged audience at scale across devices.
Pandora Media, Inc. provides Internet radio services in the United States. The company allows listeners to create up to 100 personalized stations to access free music and comedy catalogs, in addition to offers Pandora One, a paid subscription service to listeners. It also sells audio, display, and video advertising to advertisers for delivery on computer, mobile, and other connected device platforms. As of December 31, 2014, the company had about 250 million registered users; and 81.5 million active users. Pandora Media, Inc. was founded in 2000 and is headquartered in Oakland, California.
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