On Tuesday, American Electric Power Company Inc(NYSE:AEP)’s shares inclined 2.91% to $54.07.
Greensmith, a leading provider of grid-scale energy storage software and integration solutions, declared recently that it has accomplished its $12.3 million Series C round of financing. The round was led with a $5 million dollar planned investment from American Electric Power (NYSE: AEP), one of the largest electric utilities in the United States, serving nearly 5.4 million customers in 11 states.
Securing a planned investment from a premier utility is a key component in solidifying Greensmith’s leadership position in the energy storage industry. With an industry-leading technology platform, a track record of successful deployments, and strong customer and partner relationships, Greensmith is poised to take a noteworthy share of the growing number of grid-scale storage opportunities.
American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The company generates electricity using coal and lignite, natural gas, nuclear, and hydroelectric and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants.
Broadcom Corporation(NASDAQ:BRCM)’s shares gained 4.07% to $52.45.
Broadcom Corporation (BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, recently declared it will pay its next quarterly cash dividend of $0.14 per share to holders of the Company’s common stock.
The $0.14 dividend was declared by the Board of Directors on August 13, 2015 and will be paid on September 14, 2015 to holders of record of the Company’s Class A and Class B common stock at the close of business on August 28, 2015.
Broadcom Corporation provides semiconductor solutions for wired and wireless communications. Its products offer voice, video, data, and multimedia connectivity in the home, office, and mobile environments. The company operates in two segments: Broadband and Connectivity, and Infrastructure and Networking. The Broadband and Connectivity segment offers platform solutions for cable, satellite, Internet protocol, over-the-top, and terrestrial set-top boxes; DSL, cable, and fiber broadband access services; femtocell to enhance cellular coverage and small cell low-powered radio access nodes, in addition to location-based services technology and touch controllers; and integrated and discrete Wi-Fi, bluetooth, and near field communication solutions.
At the end of Tuesday’s trade, Basic Energy Services, Inc(NYSE:BAS)‘s shares dipped -2.39% to $5.31.
Basic Energy Services, Inc. (BAS) declared recently that its administration will be presenting at the Barclays CEO Energy-Power Conference to be held in New York City from September 8-10, 2015.
Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. Its Completion and Remedial Services segment offers pumping services, such as cementing, acidizing, fracturing, nitrogen, and pressure testing; rental and fishing tools; coiled tubing; snubbing services; thru-tubing; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs. This segment operates 291 pumping units; and 66 air compressor packages, counting 36 snubbing units, 16 coiled tubing units, and 10 wireline units.
FMC Technologies, Inc.(NYSE:FTI), ended its Tuesday’s trading session with 1.96% gain, and closed at $33.85.
FMC Technologies, Inc. (FTI) declared that it will issue its third quarter 2015 earnings release after the market closes on Tuesday, October 20, 2015. The Company also declared it will host its third quarter 2015 earnings release teleconference on Wednesday, October 21, 2015 at 9:00 a.m. EDT.
FMC Technologies, Inc. provides technology solutions for the energy industry worldwide. The company operates through Subsea Technologies, Surface Technologies, and Energy Infrastructure segments. The Subsea Technologies segment offers subsea systems for the offshore production of crude oil and natural gas; and well access and flow administration services, counting installation and workover tools, service technicians for installation assistance, and field support services.
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