On Wednesday, Shares of NextEra Energy Inc (NYSE:NEE), gained 0.57% to $100.83.
NextEra Energy, declared a regular quarterly common stock dividend of 77 cents per share. The dividend is payable on June 15, 2015, to shareholders of record on May 29, 2015.
NextEra Energy, Inc., through its auxiliaries, generates, transmits, and distributes electric energy in the United States and Canada. The company generates electricity from gas, oil, solar, coal, petroleum coke, nuclear, and wind sources. As of December 31, 2014, it served about 9 million people through about 4.7 million customer accounts in the east and lower west coasts of Florida.
Shares of CMS Energy Corporation (NYSE:CMS), inclined 0.29% to $34.01, during its last trading session.
Consumers Energy is committing nearly $200 million this year to upgrade its natural gas system throughout Michigan, and has raised its workforce to assist perform this work.
“Providing reliable, safe natural gas service is the most important precedingity for Consumers Energy, and we know it is important to those we serve,” said Mary Palkovich, Consumers Energy’s vice president of energy delivery. “This year our expanded employee team will upgrade over 88 miles of infrastructure as part of an ongoing program to enhance natural gas safety and reliability for over 1.7 million natural gas homes and businesses throughout the Lower Peninsula.”
CMS Energy Corporation operates as an energy company primarily in Michigan, the United States. The company’s Electric Utility segment engages in the generation, purchase, distribution, and sale of electricity to residential, commercial, and various industrial customers in Michigan’s Lower Peninsula.
At the end of Wednesday’s trade, Shares of Hormel Foods Corp (NYSE:HRL), gained 3.21% to $ 58.43.
Hormel Foods, declared that it has entered into a definitive agreement to acquire Applegate Farms, LLC, owner of the Applegate® brand, the No. 1 brand in the natural and organic value-added prepared meats category. The transaction is subject to customary closing conditions, counting the receipt of regulatory approvals in the United States, and is predictable to close within 60 days.
“A growing number of consumers are choosing natural and organic products. This deal allows us to expand the breadth of our protein offerings to provide consumers more choice,” said Jeffrey M. Ettinger, chairman of the board, president and chief executive officer at Hormel Foods. “The Applegate team has built a great brand, and consumers can rest assured there will not be any changes to the way Applegate meats are raised and produced. Together, we can provide a faster path to expanded offerings in this high-growth category.”
Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other.
Finally, Rice Energy Inc (NYSE:RICE), ended its last trade with -1.07% gain, and closed at $ 22.17.
Rice Energy, declared the pricing of an underwritten public offering of 6,000,000 shares of its common stock owned by NGP Rice Holdings LLC (an associate of Natural Gas Partners), the selling stockholder named in the registration statement at a price to the public at $24.20 per share of common stock. The selling stockholder will receive all of the net proceeds from the offering. The selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of Rice Energy’s common stock.
Rice Energy Inc., an independent natural gas and oil company, engages in the acquisition, exploration, and development of natural gas, oil, and natural gas liquid (NGL) properties in the Appalachian Basin.
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