On Thursday, ADT Corp (NYSE:ADT)’s shares declined -1.16% to $34.01.
ADT Corp (ADT) declared it will be a sponsor for the U.S. Chamber of Commerce’s 11th annual America’s Small Business Summit, which will bring together hundreds of small business owners, managers, and local chamber leaders from across the country. As a summit event partner, ADT will assist provide attendees with opportunities to learn, network, and take part in a variety of thought-provoking sessions on leadership, innovation, and small business policy.
ADT will also sponsor the corporate headshots for small businesses at the summit. In this capacity, ADT will be empowering the small business owners in attendance to have professional materials created for their business cards, website materials and outbound marketing activities. Additionally, ADT Chief Information Security Officer Tom Dennison will be presenting on a panel called “Don’t Get Hacked! Cybersecurity on a Shoestring Budget,” a panel that will provide insights for small business customers in terms of how to protect against potential cybersecurity threats.
The ADT Corporation provides monitored security, interactive home and business automation, and related monitoring services in the United States and Canada. The company’s monitored security and home/business automation offerings comprise the installation and monitoring of residential and business security, and premises automation systems designed to detect intrusion, control access and react to movement, smoke, carbon monoxide, flooding, temperature, and other environmental conditions and hazards, in addition to address personal emergencies, such as injuries, medical emergencies, or incapacitation.
American Eagle Outfitters (NYSE:AEO)’s shares dropped -0.34% to $17.52.
American Eagle Outfitters, Inc. (AEO) declared a quarterly cash dividend of $0.125 per share, marking the company’s 44th successive quarterly dividend. The $0.125 dividend was declared on June 4, 2015 and is payable on July 20, 2015 to stockholders of record at the close of business on July 6, 2015.
American Eagle Outfitters, Inc. operates as a retailer of apparel and accessories in the United States and internationally. The company’s stores offers denims, pants, shorts, sweaters, fleece, outerwear, graphic T-shirts, footwear, and accessories for 15 to 25 year old men and women under the American Eagle Outfitters brand name; and intimates and personal care products for women the aerie brand name.
At the end of Thursday’s trade, QEP Resources Inc (NYSE:QEP)‘s shares dipped -0.53% to $18.65.
Baxalta Inc. will replace QEP Resources Inc. in the benchmark S&P 500 index, S&P Dow Jones Indices said.
That’s one of several changes the company declared to the S&P MidCap 400, S&P SmallCap 600 and the S&P 100 indices Friday.
Baxalta, a biopharmaceutical company based in Deerfield, Illinois, will join the index after the close of trading June 30. QEP, an oil and gas company, is being replaced because it’s near the bottom of the index, the company said.
Priceline Group Inc. will replace Baxter International Inc. in the S&P 100. Baxter, which is spinning off Baxalta later this month, will remain in the S&P 500.
QEP Resources, Inc., through its auxiliaries, operates as an exploration and production company. The company acquires, explores, develops, and produces natural gas, oil, and natural gas liquids (NGLs) primarily in the Pinedale Anticline in western Wyoming; the Williston Basin in North Dakota; the Uinta Basin in eastern Utah; the Permian Basin in western Texas; the Haynesville/Cotton Valley in northwestern Louisiana; and other proven properties in Wyoming, Utah, and Colorado.
Duke Energy Corp (NYSE:DUK), ended its Thursday’s trading session with -0.34% loss, and closed at $70.69.
Associates of American Electric Power, Berkshire Hathaway Energy, Duke Energy (DUK), Edison International, Eversource Energy, Exelon, Great Plains Energy, and Southern Company have signed a memorandum of understanding to pursue development of Grid Assurance™, a limited liability company that anticipates to offer subscribers cost-effective solutions for enhancing grid resiliency and protecting customers from prolonged transmission outages.
As projected, Grid Assurance will own and provide subscribers with timely access to an inventory of emergency spare transmission equipment that can otherwise take months to acquire. Grid Assurance filed a petition with the Federal Energy Regulatory Commission (FERC) late yesterday seeking confirmation that this service can be part of a transmission-owning entity’s strategy to effectively address grid resiliency mandates. Grid Assurance will not be FERC regulated, but plans to charge cost-based subscription fees, similar to FERC-regulated transmission formula rates. Cost-based subscription fees are predictable to facilitate subscribers’ ability to recover expenses.
Restoration of the transmission grid can be hampered by long lead times required to design, build and deliver critical replacement equipment counting large transformers, circuit breakers and other specialized electrical equipment. As projected, Grid Assurance will be more cost-effective than companies independently securing emergency spare equipment for high-impact, low-frequency events due to economies of scale, diversification and improved logistics.
Duke Energy Corporation, together with its auxiliaries, operates as an energy company in the United States and Latin America. It operates through three segments: Regulated Utilities, International Energy, and Commercial Power. The Regulated Utilities segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, Ohio, Kentucky, and Indiana; and transports and sells natural gas in southwestern Ohio and northern Kentucky.
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