On Wednesday, Public Service Enterprise Group Inc. (NYSE:PEG)’s shares inclined 0.25% to $40.24.
Public Service Enterprise Group Inc. (PEG) and Robert Wood Johnson University Hospital Rahway recently marked the completion of $3.4 million in energy efficiency improvements that will save the acute care hospital more than $300,000 annually in energy costs.
The work was accomplished through the PSE&G Hospital Efficiency Program, a $174 million effort by New Jersey’s oldest and largest gas and electric utility that will assist more than 40 hospitals to better manage their energy consumption.
The energy efficiency work is part of a multi-year renovation at RWJ Rahway that comprises a newly redesigned main entrance and lobby, a renovated Critical Care Unit, and the new Center for Ambulatory Medicine, which comprises the Center for Wound Healing and Hyperbaric Medicine, Diabetes Counseling and Weight Administration, Neuropathy Clinic, physician offices and other services. Presently under renovation are diagnostic services such as radiology, laboratory and cardiac stress testing, in addition to patient rooms.
The energy efficiency improvements at RWJ Rahway comprise a major upgrade to the hospital’s air conditioning chiller plant, the installation of energy efficient lighting fixtures, the replacement of old, inefficient motors with new energy efficient models and the retrofitting of existing heating boilers with new energy efficient burners.
Public Service Enterprise Group Incorporated, through its auxiliaries, operates as an energy company primarily in the northeastern and Mid Atlantic United States. The company operates nuclear, coal, gas, oil-fired, and renewable generation facilities with a generation capacity of about 13,146 megawatts. It sells electricity, natural gas, emissions credits, and a series of energy-related products that are used to optimize the operation of the energy grid.
Tesla Motors Inc (NASDAQ:TSLA)’s shares dropped -2.07% to $250.70.
Tesla Motors Inc (TSLA) shareholder meeting held Tuesday afternoon.
On the meeting agenda, besides the re-election of two board members and affirming PricewaterhouseCoopers as Tesla’s accounting firm, were two items from environmentalist shareholders. In a form now filed with the Securities and Exchange Commission, Tesla says that the director and PwC items passed but the two environmentalist proposals did not.
The shareholder proposals, by a Texas couple, asked that Tesla curb use of animal-sourced interiors and offer faux leather alternatives.
Tesla doesn’t offer a no leather interior and had recommended a “no” vote, with the board noting that achieving the company’s mission “requires that we prioritize our efforts.”
“I found out my husband had to go through extreme measures to get an entirely vegan Tesla,” shareholder Elizabeth Farrell Peters said at the event, of the Model S she got as an anniversary gift.
Tesla stock touched a nearly seven-month high Monday but slipped 2.1% Wednesday. It is up 38% from a 13-month low in March and is forming a cup base with a buy point of 291.52.
The company gets a Composite Rating from IBD of 66 out of a possible 99 — not high but improving in recent months.
Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles, electric vehicle powertrain components, and stationary energy storage systems in the United States, China, Norway, and internationally. It also provides development services to develop electric vehicle powertrain components and systems for other automotive manufacturers.
At the end of Wednesday’s trade, Juniper Networks, Inc. (NYSE:JNPR)‘s shares surged 1.02% to $27.68.
Juniper Networks, Inc. (JNPR) the industry leader in network innovation, in partnership with the RAND Corporation, a nonprofit institution that assists improve policy and decision-making through research and analysis, unveiled new insights into the economic challenges, trade-offs and demands facing companies as they protect themselves against increasingly complex security threats.
The in-depth report by leading economic and cybersecurity experts at RAND found chief information security officers (CISOs) often face a chaotic and confusing landscape when deciding the most efficient and cost-effective way to manage the risks posed by security to their business. Most troubling, the research indicates that many companies are spending increasing amounts on cybersecurity tools, but are not confident that these investments are making their infrastructure secure.
Juniper Networks believes this dynamic is due to a lack of solid calculus that considers both the cost of security tools and resources, and the potential cost of a breach, which by definition is neither certain nor predictable. CISOs need a way to better understand the variables that most influence the cost of managing cybersecurity risk holistically and the different decisions they can make to protect their organizations. To address this need, RAND developed a heuristic economic model that for the first time maps the major factors and decisions that influence the cost of cyber-risk to organizations, which is talk about in “The Defender’s Dilemma: Charting a Course Toward Cybersecurity,” the second report of a two-part series.
Juniper Networks, Inc. designs, develops, and sells high-performance network products and services worldwide. It provides various routing products, counting ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; and T series routers.
Las Vegas Sands Corp. (NYSE:LVS), ended its Wednesday’s trading session with 0.56% gain, and closed at $52.22.
Las Vegas Sands Corp. (LVS) have exchanged hands as contrast to its average daily volume of 5.40 million shares.
One factor driving casinos higher this afternoon is Credit Suisse’s belief that the Macau gaming hub in China is starting to show some improvements, Barron’s reports.
For the month of May Macau posted a 37% decline in gaming revenue. The gambling district is still struggling one year after the Chinese government’s anticorruption crackdown began, which resulted in VIP players avoiding the tables.
Las Vegas Sands Corp. develops, owns, and operates integrated resorts in Asia and the United States. The company owns and operates The Venetian Macao Resort Hotel, Sands Cotai Central, the Four Seasons Hotel Macao, the Plaza Casino, and the Sands Macao in Macau, the People’s Republic of China.
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