On Monday, WEC Energy Group Inc (NYSE:WEC)’s shares declined -0.11% to $47.21.
Wisconsin Energy Corporation declared recently it has accomplished the acquisition of Integrys Energy – forming the WEC Energy Group (WEC) and reiterated its dividend declaration to shareholders.
On June 12, the board declared a pro rata dividend of $0.00459239 a share per day that accrued from May 15, 2015, through June 28, 2015, one day prior to the closing of the acquisition. This pro rata dividend – which covers 45 days — is the daily equivalent of the current quarterly dividend rate of $0.4225 a share.
As a result, Wisconsin Energy shareholders of record on June 28 will receive a payment of $0.20665755 a share, payable within the next 10 days.
The board had also declared a pro rata dividend of $0.00497283 a share per day (the daily equivalent of $0.4575 per quarter) that will accrue from June 29 through Aug. 14, 2015, which is Wisconsin Energy’s normal record date. This pro rata dividend will be paid on Sept. 1, 2015, to Wisconsin Energy shareholders of record on Aug. 14, 2015.
Wisconsin Energy Corporation, through its auxiliaries, generates and distributes electric energy. The company operates in two segments, Utility Energy and Non-Utility Energy. It generates electricity from coal, natural gas, oil, hydroelectric, wind, and biomass. The company provides electric utility services to customers in the paper, foundry, food products, and machinery production industries, in addition to the retail chains. It also provides retail gas distribution services in the state of Wisconsin, in addition to transports customer-owned gas to paper, food products, and fabricated metal products industries; and generates, distributes, and sells steam. As of December 31, 2014, the company serves about 1,133,600 electric customers in Wisconsin and the Upper Peninsula of Michigan; and about 1,089,000 gas customers in Wisconsin, in addition to 440 steam customers in metropolitan Milwaukee, Wisconsin .
Raytheon Company (NYSE:RTN)’s shares gained 1.82% to $100.51.
Raytheon Company (RTN) will issue its second quarter 2015 earnings news release at 7 a.m. EDT Thursday, July 23, 2015. The release will be posted on Raytheon’s website.
The second quarter 2015 earnings results conference call will be at 9 a.m. EDT Thursday, July 23, 2015. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will be accessible on the website for printing preceding to the call.
Raytheon Company develops integrated products, services, and solutions in the areas of sensing; effects; command, control, communications, and intelligence; mission support; and cyber and information security worldwide. It operates in four segments: Integrated Defense Systems (IDS); Intelligence, Information, and Services (IIS); Missile Systems (MS); and Space and Airborne Systems (SAS). The IDS segment provides integrated air and missile defense; radar solutions; naval combat and ship electronic systems; command, control, communications, computers, and intelligence solutions; and air traffic administration systems.
At the end of Monday’s trade, Comerica Incorporated (NYSE:CMA)‘s shares surged 0.50% to $49.83.
Comerica Incorporated (CMA) will declare its second quarter 2015 earnings prior to the market opening on Friday, July 17, 2015.
Comerica will host a conference call to review second quarter 2015 financial results at 8 a.m. CT Friday, July 17, 2015. Interested parties may access the conference call by calling (877) 523-5249 or (210) 591-1147 (event ID No. 61399381). The call and a replay also will be accessible for one year via Comerica’s “Investor Relations” page at www.comerica.com.
Comerica Incorporated, through its auxiliaries, provides various financial products and services. It operates through three segments: Business Bank, Retail Bank, and Wealth Administration. The Business Bank segment offers various products and services, such as commercial loans and lines of credit, deposits, cash administration, capital market products, international trade finance, letters of credit, foreign exchange administration services, and loan syndication services to middle market businesses, multinational corporations, and governmental entities.
Vantage Drilling Company (NYSEMKT:VTG), ended its Monday’s trading session with 1.82% gain, and closed at $0.162.
Vantage Drilling Company (VTG) has challenged reports alleging that the arrest of a former Petrobras International Director was tied in some way to the Company’s contract with Petrobras for the Titanium Explorer. “Several hundred contracts were signed by this former Director, which in Vantage’s case, was after the parent board of Petrobras had approved the contract,” said Paul Bragg, Chairman and CEO of Vantage. Vantage is fully performing under the contract and found no evidence that would substantiate any allegation of improper activity by Vantage in connection with the award of the contract.
Vantage Drilling Company, through its auxiliaries, provides offshore contract drilling services in the United States and internationally. It offers drilling units, related equipment, and work crews under contract to drill oil and natural gas wells. The company also provides construction supervision and operations administration services for drilling units owned by others.
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