On Thursday, United Continental Holdings Inc (NYSE:UAL)’s shares inclined 0.72% to $53.20.
United Airlines declared an historic $30 million equity investment in U.S.-based alternative fuels developer Fulcrum BioEnergy, Inc., a pioneer in the development and commercialization of converting municipal solid waste into low-cost sustainable aviation biofuel. It is also the single largest investment by a U.S. airline in alternative fuels and sets United apart in the aviation industry in the advancement of aviation biofuels and carbon emissions reductions. In addition to the equity investment, United and Fulcrum have reached a contract that contemplates the joint development of up to five projects located near United’s hubs predictable to have the potential to produce up to 180 million gallons of fuel per year.
United Continental Holdings, Inc., together with its auxiliaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. It transports people and cargo through its mainline operations, which use jet aircraft with at least 118 seats, and its regional operations. As of December 31, 2014, the company operated a fleet of 1,257 aircraft. It also sells fuel; and provides maintenance, ground handling, and catering services for third parties.
CMS Energy Corporation (NYSE:CMS)’s shares dropped -0.74% to $33.51.
CMS Energy Corp. (CMS), is offering $100,000 in grants to Michigan communities this year to plant trees, an effort to encourage responsible tree planting and sustainable urban forests in communities across the state.
Up to $2,500 is accessible per community for grants. Consumers Energy sponsors the program annually to encourage responsible tree planting and sustainable urban forests in communities across the state. The Michigan Forest and Park Association reviews applications and forwards its grant recommendations to Consumers Energy.
A tree planting project must meet criteria to avoid conflicts between trees and overhead lines to be eligible. Consumers Energy provides communities with a guide titled “Right Tree Right Place,” a concept developed by the National Arbor Day Foundation, which shows how to choose appropriate tree species and suitable sites in community locations near electric lines.
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 Thursday’s trade, Occidental Petroleum Corporation (NYSE:OXY)‘s shares surged 0.80% to $73.12.
Occidental Petroleum Corporation (OXY) told regulators on Friday that a top executive, Willie Chiang, has suddenly quit - a month after Vicki Hollub was picked to eventually replace Chief Executive Steve Chazen
Hollub, a longtime Occidental employee, will become the first woman to head a major U.S. oil company. That is predictable to occur next year.
Chiang was the company’s executive vice president, operations, and had stated directly to Chazen.
Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas; Chemical; and Midstream, Marketing and Other. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its domestic oil and gas operations are located in Colorado, New Mexico, North Dakota, and Texas; and international oil and gas operations are located in Bahrain, Bolivia, Colombia, Iraq, Libya, Oman, Qatar, the United Arab Emirates, and Yemen.
Vishay Intertechnology (NYSE:VSH), ended its Thursday’s trading session with 1.29% gain, and closed at $11.75.
Vishay Intertechnology (VSH) declared that its RCP series of thick film chip resistors for high-power, surface-mount RF applications is now accessible in the compact 0505, 0603, and 2512 case sizes. The Vishay Dale devices offer very high thermal conductivity for power ratings up to 22 W with active temperature control.
Optimized for many applications in the automotive, aerospace, military, industrial, and telecom markets, RCP series resistors feature a stable thick film resistive element on an aluminum nitride (AlN) substrate and an epoxy encapsulation. In addition to the new case sizes, the existing 1206 case has been improved to offer a rating of 2.4 W with a standard board mount. The devices feature an operating temperature range from -55 °C to +155 °C.
Vishay Intertechnology, Inc. manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The company operates in five segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors, and Capacitors. The MOSFETs segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage Super Junction MOSFETs, power integrated circuits, and integrated function power devices. The Diodes segment provides rectifiers, small signal diodes, protection diodes, thyristors/silicon-controlled rectifiers, and power modules.
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