On Friday, CMS Energy Corporation (NYSE:CMS)’s shares inclined 0.83% to $32.97.
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.
Fulton Financial Corp (NASDAQ:FULT)’s shares dropped -1.63% to $12.65.
Fulton Financial Corporation ( FULT) Reports Second Quarter Earnings of $0.21 per Share.
- Diluted earnings per share was 21 cents, a 4.5 percent decrease from the first quarter of 2015 and unchanged from the second quarter of 2014.
- Net interest income reduced $661,000, or 0.5 percent, contrast to the first quarter of 2015 and reduced $5.0 million, or 3.9%, contrast to the second quarter of 2014. The net interest margin reduced 7 basis points contrast to the first quarter of 2015, to 3.20 percent. The net interest margin for the second quarter of 2014 was 3.41 percent.
- Average loans raised $97.1 million, or 0.7 percent, contrast to the first quarter of 2015 and $396.9 million, or 3.1 percent, contrast to the second quarter of 2014. Average deposits raised $107.1 million, or 0.8 percent, contrast to the first quarter of 2015 and $878.6 million, or 7.0 percent, contrast to the second quarter of 2014.
- The provision for credit losses was $2.2 million, contrast to a $3.7 million negative provision in the first quarter of 2015 and a $3.5 million provision in the second quarter of 2014.
- Non-interest income, not taking into account investment securities gains, raised $3.5 million, or 8.6 percent, in comparison to the first quarter of 2015, and raised $314,000, or 0.7 percent, in comparison to the second quarter of 2014.
Fulton Financial Corporation operates as a multi-bank financial holding company that provides a range of banking and financial services to businesses and consumers. It offers personal banking services that comprise various checking account and savings deposit products, certificates of deposit, and individual retirement accounts.
At the end of Friday’s trade, Quiksilver, Inc. (NYSE:ZQK)‘s shares dipped -2.04% to $0.514.
Quiksilver, Inc. (ZQK) declared that on July 10, 2015, the Company was notified by the New York Stock Exchange (“NYSE”) that the Company’s common stock is not in compliance with the NYSE’s continued listing standard that requires a minimum average closing price of $1.00 per share over a period of 30 successive trading days.
Under the NYSE’s rules, the Company has a period of six months from the date of the NYSE notice to bring its 30-day average share price back above $1.00. However, if the Company determines to remedy the non-compliance by taking action that will require shareholder approval, such as a reverse stock split, the Company must obtain shareholder approval of such action by no later than its next annual meeting, and implement such action promptly thereafter. During this period, the Company’s common stock will continue to be traded on the NYSE, subject to the Company’s compliance with other NYSE listing requirements. The Company will notify the NYSE of its intent to cure this noncompliance.
Quiksilver, Inc. designs, develops, and distributes branded apparel, footwear, accessories, and related products primarily for men, women, and children. The company provides its products for various activities, counting casual and outdoor lifestyle associated with surfing, skateboarding, snowboarding, BMX and motocross, rally car, and other activities.
Zillow Group Inc (NASDAQ:Z), ended its Friday’s trading session with -1.36% loss, and closed at $79.55.
The 30-year fixed mortgage rate on Zillow Mortgages is presently 3.95 percent, up seven points from this time last week. The 30-year fixed mortgage rate rose late in the week, then hovered around 3.98 percent before dipping to the current rate.
Zillow’s real-time mortgage rates are based on thousands of custom mortgage quotes presented daily to anonymous borrowers on the Zillow Mortgages site, and reflect the most recent changes in the market. These are not marketing rates, or a weekly survey.
The rate for a 15-year fixed home loan is presently 3.04 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.91 percent.
Zillow Group, Inc. operates real estate and home-related information marketplaces on mobile and the Web in the United States. It offers a portfolio of brands and products to assist people find vital information about homes, and connect with local professionals. The company product portfolio comprises Zillow, a real estate and rental marketplace dedicated to consumers with data, inspiration, and knowledge around the place they call home, and connecting them with the local professionals who can assist; and Trulia, a home shopping marketplace, focused on giving home buyers, sellers, and renters the information they need to make better decisions about where to live.
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