On Monday, TrueCar Inc (NASDAQ:TRUE)’s shares declined -4.27% to $13.01.
TrueCar, Inc. (TRUE), the negotiation-free car buying and selling mobile marketplace, declared that it has been granted three new patents by the United States Patent and Trademark Office.
The proprietary data systems patents relate to technology that enables the provision of vehicle pricing information in a manner that supports a transparent consumer experience. That transparency is at the heart of TrueCar’s commitment to connecting TrueCar Certified Dealers to in-market consumers seeking price confidence in the car-buying process.
The USPTO approved TrueCar’s patents Nos. 9,020,844, 9,020,843 and 9,031,967, raising the company’s total to 19. The new patents cover topics counting natural language processing for interpreting text strings – critical in evaluating vehicle listing data – and a method of generating pricing curve distributions based on transactions analysis, which is useful for displaying normalized pricing information to consumers.
TrueCar, Inc. operates as an Internet-based information, technology, and communication services company. The company operates its platform on the TrueCar Website and TrueCar mobile applications. It also customizes and operates its platform for its affinity group marketing partners, counting financial institutions, membership-based organizations, and employee buying programs for large enterprises.
Zoetis Inc (NYSE:ZTS)’s shares dropped -0.43% to $48.80.
Zoetis Inc.(ZTS) will take part in the William Blair 35th Annual Growth Stock Conference on Wednesday, June 10, in Chicago, Ill. Juan Ramón Alaix, Chief Executive Officer, will represent the company and respond to questions from analysts. He is planned to present at 3:40 p.m. (EDT).
Zoetis Inc. engages in the discovery, development, manufacture, and commercialization of animal health medicines and vaccines for livestock and companion animals worldwide. The company operates through four segments: the United States; Europe/Africa/Middle East; Canada/Latin America; and Asia/Pacific. It offers anti-infectives that prevent, kill, or slow the growth of bacteria, fungi, or protozoa; vaccines that are biological preparations to prevent diseases of the respiratory, gastrointestinal, and reproductive tracts or induce a specific immune response; and parasitic ides that prevent or eliminate external and internal parasites, such as fleas, ticks, and worms.
At the end of Monday’s trade, Devon Energy Corp (NYSE:DVN)‘s shares dipped -2.07% to $62.48.
Devon Energy Corp. (DVN) declared that its board of directors declared a quarterly cash dividend on Devon’s common stock for the third quarter of 2015. The dividend is payable on Sept. 30, 2015, at a rate of $0.24 per share based on a record date of Sept. 15, 2015.
Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs) in the United States and Canada. It holds interests in various properties located in Anadarko Basin, Barnett Shale, Eagle Ford, Mississippian-Woodford Trend, Permian Basin, and Rockies in the United States, in addition to in the Jackfish and Pike heavy oil projects located in Alberta, Canada. As of December 31, 2014, the company had 689 MMBoe of proved undeveloped reserves.
Synthesis Energy Systems, Inc. (NASDAQ:SYMX), ended its Monday’s trading session with 11.98% gain, and closed at $1.36.
Synthesis Energy Systems, Inc. (SYMX), a global energy and gasification technology company enabling clean, high-value energy and chemical products from multiple feedstocks, declared that the first of three formerly declared industrial syngas gasification plants from its Tianwo-SES Joint Venture has entered the commissioning phase. The plant, in Zibo City, Shandong Province, China, is owned and operated by Aluminum Corporation of China Limited (ACH) (2600.HK) (601600.SS), and utilizes two SES Gasification Technology systems supplied by Tianwo-SES. These gasification systems are uniquely suited to generate clean and economical syngas from local, low-grade lignite coal which will replace the purchase of more expensive natural gas. The Shandong facility is projected to enter commercial operation this year. The two additional Aluminum Corporation of China plants, in Shanxi and Henan Provinces, are presently under construction in a phased, fast-track timeline. Once all three projects enter commercial operation, the installed base for SES Gasification Technology will expand from five to 12 gasification systems in operation in China.
Total construction order commitments of $105 million (650 million Yuan) for the three projects were declared in December 2014 between Aluminum Corporation of China, China’s largest alumina and primary aluminum producer, and Innovative Coal Chemical Design Institute (Shanghai) Co., Ltd. (ICCDI). ICCDI is the general contractor supplying all the engineering, construction and balance of plant equipment for the three projects. The total order value for these projects to Tianwo-SES for technology and equipment supply from ICCDI, a partner of Suzhou Thvow Technology Co., Ltd. (STT) (Shenzhen listing code:002564), is predictable to be $23 million. Tianwo-SES Clean Energy Technologies Co., Ltd. (Tianwo-SES) is SES’s joint venture with STT.
Synthesis Energy Systems, Inc., a development stage energy and gasification technology company, provides various proprietary gasification technology systems and solutions to the energy and chemical industries worldwide. The company offers U-GAS fluidized bed gasification technology to convert low quality coals, such as lignite, coal wastes, municipal wastes, and agricultural waste biomass to high value products, such as electric power, transportation fuels, and substitute natural gas fuel for direct reduction iron, steel making, and other products.
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