On Monday, CMS Energy Corporation (NYSE:CMS)’s shares declined -0.25% to $31.70.
Consumers Energy has presented a $1,000 check to each of the two 2015 Michigan Senior Citizens of the Year.
The presentation took place on the Capitol lawn during Older Michiganians Day, which drew nearly 1,000 seniors June 2 to the Capitol from across Michigan. The energy provider is a longtime sponsor of the annual gathering.
Jackson resident Joe Evans, 76, accepted the award in the category of Community Leadership at the Older Michiganians Day event on the Capitol lawn.
Evans was nominated by the Jackson County Advisory Council for his many years of volunteering in his community, counting serving as a member of the Jackson County Advisory Council, for being a member of the Jackson County Traffic Safety Commission and volunteering at the Jackson Department on Aging.
Award recipient Julian Lauren, 67, from Detroit passed away a month before the Senior Citizens of the Year ceremony. Lauren was selected in the category of Service to Others, and was nominated by LeadingAge Michigan for tirelessly volunteering at the senior housing community where he lived, at his church and his community. More than 30 of his friends and neighbors attended the ceremony, shared a Gospel medley with the crowd and accepted the award on his behalf.
Consumers Energy is a Senior Citizen of the Year award partner. Each winner receives a plaque, congratulatory letter from Gov. Rick Snyder and a $1,000 check from Consumers Energy. Businesses, community service and faith-based organizations, associations, fraternal organizations and other public and private entities can make nominations for the award. Individuals 60 or older are eligible for nomination for uncompensated work performed in the community.
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.
Midway Gold Corp (USA) (NYSEMKT:MDW)’s shares dropped -5.14% to $0.0664.
Midway Gold Corp. (MDW) issued the press release attached hereto as Exhibit 99.1 providing a Corporate Update with regard to its current capital structure and existing debt obligations. In accordance with General Instruction B.2 of Form 8-K, the information set forth herein and in the press release is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended. The information set forth in Item 7.01 of this Current Report on Form 8-K shall not be deemed an admission as to the materiality of any information in this Current Report on Form 8-K that is required to be revealed solely to satisfy the requirements of Regulation FD.
Midway Gold Corp. engages in the acquisition, exploration, and development of gold and silver mineral properties in North America. The company holds interest in the Pan and Gold Rock Projects located along the prolific Battle Mountain/Eureka gold trend; the Spring Valley property, which is located in the Spring Valley Mining District, Pershing County, Nevada.
At the end of Monday’s trade, Servicemaster Global Holdings Inc (NYSE:SERV)‘s shares surged 0.83% to $34.03.
Terminix is a business unit of ServiceMaster Global Holdings, Inc. (SERV), It’s difficult for golfers at the FedEx St. Jude Classic in Memphis to focus on the seersucker jacket when there’s a bloodsucker whining in their ears. That’s why Terminix®, the leading provider of termite and pest control services in the United States, treated TPC Southwind’s clubhouse, in addition to high-traffic areas throughout the 7,239-yard course, with its exclusive mosquito control solution — the company’s largest event project to date.
Terminix professionals sprayed the course with their Attractive Targeted Sugar Bait, or ATSB®, solution, a patented technology distributed exclusively to Terminix by Universal Pest Solutions, LP. This environmentally friendly solution contains sugar from fruit extracts and encapsulated garlic oil that are safe to use around people, pets and food. The sugar in the solution acts as a bait and the encapsulated garlic acts as a gut toxin. The mosquitoes are attracted to the bait, eat it, and then die — more than 90 percent in the three weeks following an application*. Technicians also employed Terminix’s knockdown solution and larvicide to right away destroy any adult mosquitoes and halt the hatching of their replacements.
Golf courses tend to offer warm weather, standing water and slow-moving human targets, making them ideal environments for bloodthirsty buzzers. Most professional golfers are used to their pesky presence, but it doesn’t mean mosquitoes are a welcome addition to their daily round.
Terminix mosquito control services are now accessible in Terminix branches across the country. For more information, visit Terminix.com or call your local Terminix branch.
ServiceMaster Global Holdings, Inc. provides residential and commercial services in the United States. It operates in three segments: Terminix, American Home Shield, and the Franchise Services Group. The Terminix segment offers termite and pest control services, counting termite remediation, annual termite inspection and prevention treatments with damage claim guarantees, periodic pest control services, insulation services, mosquito control, crawlspace encapsulation, and wildlife exclusion.
Home Depot Inc (NYSE:HD), ended its Monday’s trading session with -0.37% loss, and closed at $109.96.
The Home Depot, Inc. (HD) has said pros are just 3% of their customers and 35% of sales while Lowe’s suggests that pros are about 15% of customers and 30% of their sales (we believe there is some apples-to-oranges on how each company defines a pro and, yes, Home Depot tends to deal with larger pros as well). Both Home Depot and Lowe’s, according to their own reports, have seen pro customers grow about 500 bp within their business mix over the last decade. While the math isn’t exact – this suggests meaningful leverage from adding more pro customers – or more spend from pro customers. Pros are, essentially, the best potential new customers for both Home Depot and Lowe’s even after years of growth. This is doubly important, in our view. First, growth of pro business can mean meaningful incremental sales (even at sharp pro pricing) are incrementally profitable due to leverage on existing costs and assets. Second, sustained better revenue growth, due to success with pro customers could assist Home Depot and Lowe’s be seen as somewhat “growthier” rather than just “cyclical” (although, obviously, housing cycles will affect demand from DIY and pro customers alike). In rough terms – using HIRI market size data – Home Depot and Lowe’s do about 37% of the DIY business in the U.S. ($91 bn of $244 bn) and 49% of the pro business in the U.S. ($45 bn of the $91 bn). Ten years ago, Home Depot and Lowe’s did about 39% of the DIY business in the U.S. ($82 bn of $209 bn) and 43% of the pro business ($32 bn of $75 bn). We see no reason Home Depot and Lowe’s incremental focus on the category will not lead to continued slow, steady share growth in pro…
Over the next 10 years we believe Home Depot and Lowe’s should be able to grow incremental mix of business with pro by at least the 500 bp seen over the prior decade through (a) better merchandising around pro needs; (b) applying scale and technology to pro offerings (apps, omni-channel) as Home Depot and Lowe’s have moved past store growth years; and (c) more targeted credit offerings for pro (though not seen as critical to pro). While we already model the Home Depot and Lowe’s business in their entirety, confidence in 50 bp annually to comp adds about 1%-2% annual EPS growth, not innoteworthyin a 2%-3% GDP growth environment.
The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, in addition to provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me, and professional customers.
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