On Wednesday, L Brands Inc (NYSE:LB)’s shares declined -2.24% to $90.64.
L Brands, Inc. (LB) stated net sales of $826.0 million for the four weeks ended Aug. 29, 2015, an enhance of 8 percent, contrast to net sales of $765.3 million for the four weeks ended Aug. 30, 2014. Comparable store sales raised 6 percent for the four weeks ended Aug. 29, 2015.
The company stated net sales of $6.103 billion for the 30 weeks ended Aug. 29, 2015, an enhance of 5 percent contrast to net sales of $5.832 billion for the 30 weeks ended Aug. 30, 2014. Comparable store sales raised 4 percent for the 30 weeks ended Aug. 29, 2015.
L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Operates, and Victoria’s Secret and Bath & Body Operates International. Its products comprise loungewear, bras, panties, sleepwear, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories.
SolarCity Corp (NASDAQ:SCTY)’s shares dropped -5.97% to $47.11.
SolarCity® (SCTY), America’s #1 solar power provider, is expanding its New Hampshire presence with a new, 26,000 square foot operations center in Manchester. Governor Maggie Hassan, Mayor Ted Gatsas, Councilor Chris Pappas, and other state and local officials joined SolarCity staff to cut the ribbon at the new facility recently. The Manchester operations center is SolarCity’s first in the state, and the company anticipates more than 75 jobs there when fully staffed.
SolarCity, which launched New Hampshire service in the spring, makes it possible for many New Hampshire homeowners to install solar with no upfront cost and pay as much as 20 percent less by going solar than they pay for utility power, with installation, production guarantee and monitoring comprised of. SolarCity also offers customers the option to purchase upfront.
The new SolarCity operations center creates new solar jobs for the state. With more than 40 staff already in place, the company is actively hiring for open positions in sales, installation and related roles. SolarCity already employs over 1,000 employees in New England who serve Connecticut, Massachusetts, New Hampshire, Rhode Island and Vermont. The company will service residential and commercial customers as far north as Concord and Laconia, as far west as Keene and the entire Southeastern part of the state counting Portsmouth and Nashua from the location.
SolarCity Corporation designs, manufactures, installs, maintains, monitors, leases, and sells solar energy systems to residential, commercial, government, and other customers in the United States. It offers solar energy systems; solar lease and power purchase agreement finance products; mounting hardware for photovoltaic panels; and related software, in addition to develops a proprietary battery administration system, which is designed to enable remote, bidirectional control of distributed energy storage that can provide benefits to customers, utilities, and grid operators.
At the end of Wednesday’s trade, NextEra Energy Inc (NYSE:NEE)‘s shares dipped -1.84% to $95.30.
NextEra Energy, Inc. (NEE) and Hawaiian Electric Industries, Inc. (HE) (HEI), recently declared the expiration of the mandatory, pre-merger waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the HSR Act) in connection with the companies’ projected merger that was declared in December 2014. Accordingly, the condition to the closing of the transaction with respect to the expiration of the applicable waiting periods under the HSR Act has been satisfied.
“We are happy to clear another hurdle to our projected merger with NextEra Energy,” said Connie Lau, HEI’s president and chief executive officer and chairman of the boards of American Savings Bank and Hawaiian Electric. “By allowing the HSR Act waiting period to expire, the Antitrust Division of the U.S. Department of Justice and the U.S. Federal Trade Commission confirmed the companies’ view that the merger presents no likelihood of potential anticompetitive effects in Hawai’i or elsewhere. As the world’s largest generator of renewable energy from the wind and sun with a proven track record of lowering customer bills, NextEra Energy is the right partner for Hawaiian Electric as we work to achieve Hawai’i’s bold, clean energy aims.”
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. The company had about 44,900 megawatt of generating capacity. It also leases fiber-optic network capacity and dark fiber to telephone, wireless, Internet, and other telecommunications companies.
Cardinal Health Inc (NYSE:CAH), ended its Wednesday’s trading session with -1.23% loss, and closed at $81.24.
Cardinal Health declared that its board of directors has elected Nancy Killefer as an independent director, effective Sept. 14.
Killefer most served as senior partner of McKinsey and Co. Inc., until her retirement in 2013. At McKinsey, she served a multitude of consumer, retail, health care and other companies in roles of increasing responsibility over the span of more than three decades.
She also served in the United States Department of the Treasury as the assistant secretary for Administration, chief financial officer and chief operating officer.
Cardinal Health, Inc. operates as a healthcare services and products company worldwide. The company operates in two segments, Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, over-the-counter healthcare, specialty pharmaceutical, and consumer products to retailers, counting chain and independent drug stores and pharmacy departments of supermarkets and mass merchandisers; hospitals; and other healthcare providers.
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