On Monday, SAP SE (ADR) (NYSE:SAP)’s shares declined -0.07% to $71.62.
SAP NEWSBYTE — To provide a breakthrough digital golf experience at the 2015 Solheim Cup, being held at the Golf Club St. Leon-Rot from September 18-20, SAP SE (SAP) has further improved the official Solheim Cup 2015 mobile app powered by SAP HANA®. Enabling fans to access tournament information, counting real-time match and scoring details, prediction game challenges, venue details, team and player profiles, easily and interactively via a single visually rich app, the mobile app will support all fans in being informed, entertained and involved like never before at the three-day, bi-annual tournament, which will see Europe’s best female golfers compete against 12 best female players from the U.S.
As the official technology partner of one of the most prestigious tournaments in women’s golf, SAP will also enable real-time insights for spectators following the broadcast on TV through improved TV graphics, such as ball flights, distance between the ball and the hole or wind situations to provide an on screen experience never seen before. Detailed comparisons between the players throughout the tournament will set a new benchmark for viewer friendly analytics in the world of golf.
SAP SE provides application and analytics software and software-related services for enterprises worldwide. The company offers solutions covering various lines of businesses, counting asset administration, commerce, finance, human resources, manufacturing, marketing, sales, service, sourcing and procurement, supply chain, and sustainability, in addition to research and development, and engineering.
Pattern Energy Group Inc (NASDAQ:PEGI)’s shares dropped -3.60% to $23.55.
Pattern Energy Group Inc. (PEGI) declared it has accomplished the acquisition of the remaining 170 megawatt (MW) ownership interests in the 283 MW Gulf Wind power facility in Kenedy County, Texas from Pattern Energy Group LP (“Pattern Development”) and MetLife Capital LP.
The Gulf Wind facility comprises of 118 wind turbines and has the capacity to generate 283 MW of energy, the power equivalent to the annual energy usage of about 80,000 Texas homes.
Pattern Energy Group Inc., an independent power company, owns and operates power projects in the United States, Canada, and Chile. As of March 2, 2015, the company owned interests in 12 wind power projects with the capacity of 1,636 megawatts. It sells electricity primarily to local utilities. Pattern Energy Group Inc. was founded in 2012 and is headquartered in San Francisco, California.
At the end of Monday s trade, Meritor Inc (NYSE:MTOR)‘s shares dipped -1.78% to $13.83.
Meritor, Inc. (MTOR) stated financial results for its third fiscal quarter ended June 30, 2015.
Third-Quarter Highlights
- Sales were $909 million, down $70 million, or 7 percent, from the same period last year.
- Net income attributable to Meritor on a GAAP basis was $13 million, contrast with $234 million in the same period last year. Net income a year ago comprised of $209 million from the antitrust settlement with Eaton Corporation.
- Net income from ongoing operations was $15 million, or $0.15 per diluted share, contrast with $237 million, or $2.34 per diluted share, in the preceding year.
- Adjusted net income from ongoing operations was $41 million, or adjusted diluted earnings per share of $0.41, contrast with $29 million, or $0.29, in the preceding year.
- Adjusted EBITDA was $87 million, contrast with $82 million in the preceding year.
- Adjusted EBITDA margin was 9.6 percent, contrast with 8.4 percent in the third quarter of fiscal year 2014.
Meritor, Inc. designs, develops, manufactures, sells, markets, distributes, services, and supports integrated systems, modules, and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation, and industrial sectors. It operates through two segments, Commercial Truck & Industrial, and Aftermarket & Trailer. The Commercial Truck & Industrial segment supplies drive train systems and components, counting axles, drivelines, and braking and suspension systems primarily for medium and heavy-duty trucks, off-highway, military, construction, bus and coach, fire and emergency, and other applications.
Booz Allen Hamilton Holding Corporation (NYSE:BAH), ended its Monday’s trading session with -1.88% loss, and closed at $27.21.
Booz Allen Hamilton Holding Corporation (BAH), the parent company of administration and technology consulting and engineering services firm Booz Allen Hamilton Inc., declared preliminary results for the first quarter of fiscal 2016. The Company made further progress on its long-term growth strategy by ongoing to invest in key capabilities and markets, while also increasing spending on bid and proposal activity to capitalize on opportunities in an improving environment.
The higher overhead spending during the first quarter is predictable to continue in the second quarter but will result in a lower quarterly spending profile for the second half of the year, in addition to a more comprising quarterly margin profile than in the last two fiscal years. The Company is executing this strategy as formerly communicated, and anticipates annual margin expansion to continue.
Booz Allen Hamilton Holding Corporation provides administration consulting, technology, and engineering services to corporations, institutions, not-for-profit organizations, and the U.S. government in defense, intelligence, and civil markets in the United States and internationally. Its acquisition, program administration, and logistics capabilities comprise strategy development, policy support, logistics administration, staff development and deployment, modeling and simulation, testing and validation, information assurance, and data administration services, which assist clients for various operational programs.
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