On Thursday, TerraForm Power Inc (NASDAQ:TERP)’s shares declined -0.76% to $39.19.
TerraForm Power Inc (TERP) an owner and operator of clean energy power plants, declared the acquisition of a 9 MW net ownership stake in a portfolio of operating distributed solar power plants from Duke Energy Renewables, a commercial business unit of Duke Energy, the nation’s largest electric power holding company.
Combined with the 23 MW net ownership stake in this portfolio previously acquired from Integrys, TerraForm Power’s total ownership in these 48 plants represents 32 MW. Terms of the Duke sale were not disclosed.
TerraForm Power, Inc. owns and operates solar and wind generation assets serving utility, commercial, and residential customers. As of February 20, 2015, its portfolio compriseed of solar and wind projects located in the United States, Canada, the United Kingdom, and Chile with an aggregate nameplate capacity of 1,507.3 megawatt. The company was formerly known as SunEdison Yieldco, Inc. and changed its name to TerraForm Power, Inc. in May 2014. The company was founded in 2014 and is based in Bethesda, Maryland. TerraForm Power, Inc. is a partner of SunEdison, Inc.
Umpqua Holdings Corp (NASDAQ:UMPQ)’s shares gained 0.16% to $18.72.
Umpqua Holdings Corp (UMPQ) the parent company of Umpqua Bank and Umpqua Investments, Inc., declared that its Board of Directors has approved a quarterly cash dividend in the amount of $0.15 per common share. The dividend is payable on July 15, 2015, to shareholders of record as of June 30, 2015.
Umpqua Holdings Corporation, through its auxiliaries, engages in the commercial and retail banking, and retail brokerage businesses. It operates through two segments, Community Banking and Home Lending. The Community Banking segment provides loan and deposit products to business and retail customers. The Home Lending segment originates, sells, and services residential mortgage loans. It also offers various deposit products, such as non-interest bearing checking accounts, interest bearing checking and savings accounts, money market accounts, and certificates of deposit; financial planning, trust, and investments services to high net worth individuals; and retail brokerage and investment advisory services.
At the end of Thursday’s trade, AirMedia Group Inc (ADR) (NASDAQ:AMCN)‘s shares surged 0.62% to $4.88.
AirMedia Group Inc (ADR) (AMCN) and/or certain of its officers complied with the federal securities laws when making public statements regarding the Company’s business and prospects. On June 15, 2015, AirMedia declared entry into a definitive agreement to sell 75 percent of its advertising business for $344 million (RMB 2.1 billion). The price of its stock fell dramatically following the declarement, which indicated a formerly declared potential deal with Shenzhen Liantronics Co. was terminated.
AirMedia Group Inc. operates out-of-home advertising platforms primarily in the People’s Republic of China. The company operates a network of digital TV screens on planes operated by seven airlines; traditional media in airports, such as light boxes, billboards, and painted advertisements; and gas station media displays, in addition to other outdoor media displays out of the air travel advertising sector.
Unilife Corp (NASDAQ:UNIS), ended its Thursday’s trading session with -6.03% loss, and closed at $2.18.
Unilife Corp (UNIS) a developer, manufacturer and supplier of injectable drug delivery systems, declared that its Chairman and CEO, Mr. Alan Shortall, has been named the Ernst and Young (“EY”) Entrepreneur Of The Year 2015 in Greater Philadelphia for Manufacturing and Transport.
The national and regional awards program, now in its 29th year, recognizes entrepreneurs who demonstrate excellence and extraordinary success with their vision, leadership and personal commitment to their businesses and communities. Mr. Shortall is now eligible for the EY Entrepreneur of the Year Overall National Award winner for within the same category, as well as the World Entrepreneur of the Year Award in 2016.
Unilife Corporation designs, manufactures, and supplies injectable drug delivery systems in the United States and internationally. The company offers Unifill, a pre-filled syringe with integrated, automatic, and user-controlled retraction; Unifill Finesse, an integrated, automatic, and user-controlled retraction with standard plunger seal and plunger rod; Unifill Select, which allows an end-user to select and attach a needle at the time of injection; Unifill Nexus that is equipped with an integrated luer adapter to provide connectivity with needleless luer access devices; and Unifill Allure, which combines universal luer connectivity with automatic, user-controlled needle retraction.
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