On Monday, Tenet Healthcare Corp. (NYSE:THC)’s shares gained 1.69%, and closed at $49.99, after Tenet Healthcare, plans to report results for its first quarter ended March 31, 2015, after the market close on Monday, May 4, 2015.
The corporation will host a conference call the following morning, Tuesday, May 5, 2015, at 10 a.m. EDT (9:00 a.m. CDT) for administration to talk about the results. A live audio webcast will be accessible through the corporation’s website at www.tenethealth.com/investors. It is suggested that listeners access the audio webcast 10 minutes preceding to the startning of the call. The audio webcast will be accessible on a replay basis for 30 days following the earnings declaration.
Tenet Healthcare Corporation, a healthcare services corporation, primarily operates acute care hospitals and related healthcare facilities in the United States. It operates through two segments, Hospital Operations and Other, and Conifer.
Alcoa Inc. (NYSE:AA)’s shares jumped 1.67%, and settled at $13.36, during the last trading session on Monday, as on March 30, Lightweight metals leader, declared that it will curtail the remaining 74,000 metric tons of smelting capacity at its São Luís (Alumar) facility in Brazil. The decision is aligned with the Corporation’s recent declaration to evaluate upstream capacity for possible curtailment, closure or sale as Alcoa further optimizes its commodity portfolio. The curtailment is predictable to be complete by April 15, 2015.
This curtailment adds to the 85,000 metric tons of capacity idled at São Luís in May 2014 and the 12,000 metric tons curtailed in October 2014. Challenging global market conditions in primary aluminum production and raised costs have made the smelter uncompetitive. The refinery at São Luís is unaffected and will continue normal operations.
Alcoa Inc. produces and manages primary aluminum, fabricated aluminum, and alumina worldwide. The corporation operates through four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. The Alumina segment is involved in mining bauxite, which is then refined into alumina. The Primary Metals segment produces primary aluminum.
At the end of Monday’s trade, Duke Energy Corporation (NYSE:DUK)’s shares climbed 1.65%, and closed at $78.24, after the news that Families, businesses and communities served by Duke Energy Ohio will continue to benefit from affordable and reliable electric service. This is a result of the corporation’s new Electric Security Plan (ESP), which was recently modified and approved by the Public Utilities Commission of Ohio (PUCO).
In Ohio, an ESP is an electric utility’s plan for the supply and pricing of electric generation service for customers who do not choose a competitive retail electric service (CRES) provider. The PUCO’s ruling, which was issued on April 2, 2015, directs Duke Energy Ohio to move forward with implementing its new ESP for three years, starting on June 1, 2015. The corporation’s current ESP went into effect on Jan. 1, 2012, and is set to expire on May 31, 2015.
“We appreciate the time and attention the commissioners put into this decision,” said Jim Henning, president of Duke Energy Ohio and Kentucky. “We continue to evaluate the commission’s order. In the meantime, we will move forward with scheduling a May auction to procure electricity for our customers, who still pay the lowest electric rates in Ohio.”
Duke Energy Corporation, together with its auxiliaries, operates as an energy corporation 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.
3M Company (NYSE:MMM), ended its Monday’s trading session with 1.65% gain, and closed at $165.48, as the company on March 20, has set its sights on expanding in the West Region of China. Inge Thulin, 3M’s chairman, president and chief executive officer, debuted plans last week for the new West Region Technical Center in Chengdu, one of the largest growing cities for technology and innovation in western China.
The science-based corporation has opened about 50 customer technical centers around the world, allowing customers to experience how the corporation’s science-based solutions can work for them. The West Region Technical Center will be plannedally placed in a technology park in Chengdu, giving 3M access to the city’s geographical advantages and enormous market potential.
3M Corporation operates as a diversified technology corporation worldwide. Its Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; ceramics; sealants; specialty materials; filtration products; closure systems for personal hygiene products; acoustic systems products; automotive components; abrasion-resistant films; structural adhesives; and paint finishing and detailing products.
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