On Tuesday, Weyerhaeuser Co (NYSE:WY)’s shares declined -0.86% to $31.24.
Weyerhaeuser Co (WY) declared that its board of directors declared a dividend of $0.29 per share on the Common Stock of the company, payable in cash on June 19, 2015, to holders of record of such common shares at the close of business on June 5, 2015. Additionally, the company’s board of directors has declared a dividend of $0.7969 per share on the company’s 6.375% Mandatory Convertible Preference Shares, Series A, which will be payable in cash on July 1, 2015, to holders of record of such mandatory convertible preference shares at the close of business on June 15, 2015.
Weyerhaeuser Co. is a real estate investment trust. It primarily invests in United States. The firm operates under four business segments, timberlands, wood products, cellulose fibers and real estate. It owns timberlands primarily in the U.S and has long-term licenses in Canada.
FirstEnergy Corp. (NYSE:FE)’s shares dropped -1.11% to $33.92.
he Illuminating Company, a partner of FirstEnergy Corp. (FE), is concluding construction of a new about $3 million substation in Avon to assist enhance customer service reliability and meet the future demand for electricity in the area.
The new substation, located on Jaycox Road in Avon, is predictable to be accomplished by mid June and will assist enhance service reliability for more than 5,000 customers in the Avon and Avon Lake areas.
Construction began in October 2014 using a standard design that was more cost effective and assisted to expedite construction. The design comprised of using precast concrete foundations, a large transformer, switching gear, and circuit breakers. In addition, animal protection devices made out of polymer material were installed on key parts of the equipment to assist reduce outages caused by squirrels and other animals.
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.
At the end of Tuesday’s trade, Servicemaster Global Holdings Inc (NYSE:SERV)‘s shares gained 1.26% to $34.46.
Some of the nation’s best collegiate golfers will be paired with local golf enthusiasts in a unique tournament format that has raised over $2.2 million for local charities since its inception.
The 2015 Servicemaster Global Holdings Inc (NYSE:SERV) Restore Collegiate Players Tour, presented by State Farm, is an eight-city event that starts this month. The tour provides a venue for top collegiate men and women golfers to compete during the summer months. Local golfers can sign up to take part alongside the collegiate players, and all the proceeds from the local tournament are donated to local charities.
ServiceMaster Restore has been a sponsor for 10 years and we are honored to support the Collegiate Players Tour.
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.
Christopher & Banks Corporation (NYSE:CBK), ended its Tuesday’s trading session with -18.01% loss, and closed at $4.37.
Christopher & Banks Corporation (CBK) stated results for the thirteen week period ended May 2, 2015.
Results for the Thirteen Week Period Ended May 2, 2015
- Net sales totaled $91.6 million, as contrast to $103.4 million for the thirteen weeks ended May 3, 2014. During the quarter, the Company operated an average of 6.0% fewer stores than during the comparable period last year, reflecting its MPW store conversion program.
- Same-store sales reduced 11.7% in the thirteen weeks ended May 2, 2015, as contrast to the thirteen weeks ended May 3, 2014; this follows a 0.2% same-store sales decrease in last year’s first quarter.
- Gross margin was 35.2% contrast to 36.7% in the first quarter of fiscal 2014.
- Operating loss was $2.5 million for the thirteen week period ended May 2, 2015. This compares to operating income of $2.8 million in the first quarter of fiscal 2014.
Christopher & Banks Corporation, through its auxiliaries, operates as a retailer of women’s apparel and accessories in the United States. The company designs, sources, and sells women’s apparel and accessories to customers ranging in age from 45 to 60. Its stores offer women’s apparel comprising of knit tops, woven tops, jackets, sweaters, skirts, denim bottoms, bottoms made of other fabrics, leisure wear, and dresses in missy, petite, and women sizes, in addition to jewelry and accessories.
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