On Tuesday, CMS Energy Corporation (NYSE:CMS)’s shares declined -1.45% to $31.97.
CMS Energy Corporation (CMS) declared plans to move forward with a new community solar program, called Solar Gardens, that will develop renewable energy sources with assist from Michigan residents.
Through Solar Gardens, Consumers Energy could develop up to 10 megawatts of solar energy at locations in the Michigan communities it serves. The first locations could be selected this summer and could be producing electricity next year.
Consumers Energy has been active in developing renewable energy sources in Michigan. Last year, the company reached its target of generating 10 percent of its electricity from renewable sources – such as wind, solar and biomass – a year ahead of plan. That comprises two wind farms, one near Lake Michigan and one in the Thumb, and contracts to buy electricity generated by wind, landfill gas, anaerobic digestion, hydroelectric generation, and solar panels from more than 300 homes and businesses.
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.
Stratasys, Ltd. (NASDAQ:SSYS)’s shares gained 2.520% to $38.93.
MakerBot, a global leader in the desktop 3D printing industry, and Stratasys AP Ltd, a partner of MakerBot’s parent company Stratasys Ltd. ( SSYS), a leading global provider of 3D printing and additive manufacturing solutions, recently declared the strengthening of MakerBot’s market presence in Asia Pacific through MakerBot Asia Pacific & Japan (MakerBot APJ), a new MakerBot division to capture the growth potential of desktop 3D printers and scanners in the region. Stratasys has a strong presence in the region and MakerBot APJ aims to leverage on the existing Stratasys infrastructure to strengthen its local operations and expand availability of its products. MakerBot APJ will continue to support the existing MakerBot network of distributor and reseller partners in Asia Pacific.
Stratasys has 10 regional offices to serve its customers in Asia Pacific, counting the Asia Pacific headquarters in Hong Kong and presences in Shanghai, Beijing, Shenzhen, Tokyo, Osaka, Seoul, Busan, Singapore and Bangalore. These Stratasys offices will support MakerBot’s local business operations with marketing, sales and customer support initiatives. MakerBot APJ will be led by Shiry Saar, who has been designated General Manager and is based in Stratasys’ Asian headquarters in Hong Kong, operating under Stratasys AP Ltd. Saar had served in several administration roles at Stratasys formerly.
Stratasys Ltd. provides additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products; and for the direct manufacture of end parts. Its AM systems utilize its patented fused deposition modeling and inkjet-based PolyJet technologies to enable the production of prototypes, tools used for production and manufactured goods directly from three-dimensional (3D) CAD files or other 3D content. The company offers entry-level desktop 3D printers for idea and design development, a range of systems for rapid prototyping, and production systems for direct digital manufacturing under the Dimension, Objet, Fortus, Polyjet, SolidScape, and MakerBot brands.
At the end of Tuesday’s trade, Weight Watchers International, Inc. (NYSE:WTW)‘s shares dipped -0.76% to $5.21.
Weight Watchers International, Inc. (WTW) commenced an offer to prepay at a discount to par up to $229 million of Initial Tranche B-1 Term Loans outstanding under, and as defined in, and following the terms of, the Credit Agreement among the Company, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent and an issuing bank, The Bank of Nova Scotia, as revolving agent, swingline lender and an issuing bank, and the other parties thereto. On June 22, 2015, the Company accepted offers with a discount equal to or greater than 9.00% in respect of the Initial Tranche B-1 Term Loans. To complete the prepayment of the accepted offers, on June 26, 2015, the Company will expend an aggregate amount of cash proceeds totaling about $77.2 million plus an amount sufficient to pay accrued and unpaid interest on the amount to be prepaid to prepay about $84.9 million of the Initial Tranche B-1 Term Loans, resulting in about $7.6 million in savings on the payment.
Weight Watchers International, Inc. provides weight administration services worldwide. The company operates through North America, United Kingdom, Continental Europe, and Other segments. It offers a range of products and services comprising nutritional, exercise, and behavioral tools and approaches. The company also provides various products, counting bars, snacks, cookbooks, food, and restaurant guides with PointsPlus values, Weight Watchers magazines, PointsPlus calculators, and fitness kits, in addition to ActiveLink products.
International Game Technology Ordinary Shares (NYSE:IGT), ended its Tuesday’s trading session with 0.05% gain, and closed at $18.42.
International Game Technology PLC (IGT) declared the release of its Notice of 2015 Annual General Meeting (“AGM”) and Annual Report for the period from July 11, 2014 to December 31, 2014 (the “UK Annual Report”) and offered updated information for the AGM, which will be held at the Landmark Hotel, 222 Marylebone Road, London, NW1 6JQ, England on July 28, 2015 at 12:00 p.m. British Summer Time (BST).
International Game Technology PLC operates and provides a range of services and technology products across lotteries, machine gaming, sports betting, and interactive gaming markets in North America, Asia, and Europe. It provides online lottery transaction processing systems; a suite of lottery-enabled point-of-sale terminals; supplies instant ticket games; and provides printing services, instant ticket marketing plans, graphic design, and programming, production, packaging, and shipping and delivery services.
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