On Tuesday, FirstEnergy Corp. (NYSE:FE)’s shares declined -1.99% to $33.28.
FirstEnergy Nuclear Operating Company a subsidiary of Akron, Ohio-based FirstEnergy Corp. (FE), has promoted Raymond A. Lieb to senior vice president of Fleet Engineering at its headquarters in Akron, Ohio, and Brian D. Boles to site vice president at the Davis-Besse Nuclear Power Plant.
In his new position, Lieb will provide overall guidance and oversight of FENOC’s engineering organization, focusing on sound engineering practices that keep the company’s nuclear plants operating safely and reliably. Lieb will report to FENOC President and Chief Nuclear Officer Samuel L. Belcher.
Boles replaces Lieb as site vice president of Davis-Besse and will report to Senior Vice President and FENOC Chief Operating Officer Paul A. Harden. As site vice president, Boles is responsible for overall management, direction and coordination of Davis-Besse’s operation.
FirstEnergy Corp., through its auxiliaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments. It owns and operates fossil, coal-fired, nuclear, oil and natural gas, wind and solar power, and hydroelectric generating facilities. The company also provides energy-related products and services to wholesale and retail customers.
KB Home (NYSE:KBH)’s shares gained 0.32% to $15.85.
The board of directors of KB Home (KBH) has declared a quarterly cash dividend of $.025 per share on the Company’s common stock, payable on August 20, 2015 to stockholders of record on August 6, 2015.
KB Home operates as a homebuilding company in the United States. It constructs and sells various homes, counting attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers under the name KB Home.
At the end of Tuesday’s trade, Time Warner Cable Inc (NYSE:TWC)‘s shares dipped -1.23% to $188.53.
Time Warner Cable declared it will be offering its residential customers the opportunity to experience music history in the making with a trip to Los Angeles, tickets to attend the 2015 “MTV Video Music Awards,” in addition to the Time Warner Cable and Lifebeat 2015 “MTV Video Music Awards” Concert. Customers can enter for a chance to win by concluding an entry form on twc.com/exclusives through August 3,2105. Four Grand Prize winners will be selected in random drawings and notified throughout the contest promotional period. The 2015 “MTV Video Music Awards” will be held at the Microsoft Theater in Los Angeles on Sunday, August 30, 2015.
Time Warner Cable Inc., together with its auxiliaries, provides video, high-speed data, and voice services in the United States. It operates in three segments: Residential Services, Business Services, and Other Operations. The Residential Services segment offers video services, counting video on demand, digital video recorder, and start over and look back services; high-speed data services that comprise communication tools and personalized services, such as email, PC security, parental controls, and online radio services; voice services that comprise unlimited calling in the United States, Canada, Puerto Rico, and Mexico; and IntelligentHome, a security and home administration service.
Lockheed Martin Corporation (NYSE:LMT)), ended its Tuesday’s trading session with -0.86% loss, and closed at $203.22.
United Technologies Corp. (UTX) declared that it has reached a contract to sell its Sikorsky Aircraft business to Lockheed Martin Corp. (LMT) for $9 billion in cash. The transaction, which is subject to regulatory approvals and customary closing conditions and adjustments, is projected to close by year-end or in the first quarter of 2016. Proceeds from the sale are predictable to be used to fund additional share repurchase to offset the earnings impact related to the sale.
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It also provides administration, engineering, technical, scientific, logistics, and information services. Its Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies.
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