On Wednesday, Shares of Citigroup Inc. (NYSE:C), gained 1.82% to $57.02, hitting its highest level.
Citigroup, released its 2014 Global Citizenship Report highlighting efforts underway in the past year to empower people, support economic progress in cities, and catalyze sustainable growth. The report, Progress: Responding to Global Challenges, examines how Citi lends, invests and facilitates growth through core business activities and philanthropic efforts, in addition to partnerships and new approaches to address pressing needs.
“Given the pace and scale of global challenges and opportunities, from providing access to basic banking services for the two billion people who lack it to training the workforce of tomorrow, Citi has a unique capacity to support economic progress in the communities where we operate around the world,” said Citi CEO Michael Corbat. “We are living during a period of unprecedented urban growth, and the challenges facing cities and the people living in them cannot be underestimated. Access to financing, innovation and new partnerships are needed now more than ever, and Citi is well positioned to assist finance and scale solutions with impact.”
Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).
Shares of The Bank of New York Mellon Corporation (NYSE:BK), inclined 0.78% to $43.74, during its last trading session, as financial stocks finished broadly higher Wednesday, with the NYSE Financial Sector Index jumping 1.6% and the S&P Financial 100 Index climbing over 1.4%.
The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. It operates through two segments, Investment Administration and Investment Services.
Finally, SunEdison, Inc. (NYSE:SUNE), ended its last trade with 0.34% gain, and closed at $29.45.
SunEdison, declared it has been awarded an additional five solar photovoltaic projects in South Africa, totaling 371 megawatts (MW) DC. This award stems from the extended capacity declaration for the fourth bid round of the Renewable Energy IPP Procurement (REIPPP) Programme organized by South Africa’s Department of Energy (DOE), in which SunEdison formerly declared that it had been awarded an 86 MW solar project. In total, SunEdison has won 457 MW across six solar power projects in South Africa’s fourth round of the REIPPP Programme.
The five solar power plants will be located in the Northern Cape and North West Provinces and are predictable to produce enough energy to power the equivalent of more than 200,000 South African homes. Eskom, the South African national utility, will purchase the solar energy under a 20-year power purchase agreement.
SunEdison, Inc. develops, manufactures, and sells silicon wafers to the semiconductor industry. The company operates through three segments: Solar Energy, TerraForm Power, and Semiconductor Materials.
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