On Tuesday, Shares of General Electric Company (NYSE:GE), gained 0.15% to $27.35.
General Electric Company, released its 2014 Sustainability Report showing the progress of the company’s Ecomagination and healthy magination initiatives in addition to measureable progress against nearly 40 environmental, social and governance aims and metrics. In 2014, GE invested more than $2 billion in research and development for Ecomagination and healthy magination innovations and projects with Ecomagination offerings generating $34 billion in revenue. GE together with its employees and retirees gave $200 million to community and educational organizations, counting $108 million from the GE Foundation.
Additional highlights for 2014 comprise:
- Investment in clean-tech research and development: Since 2005, GE has invested $15B in Ecomagination R&D, on track to meet the commitment of $25B in total investment by 2020.
- An estimated 1 million GE volunteer hours were contributed through more than 5,500 company-sponsored initiatives in 2014.
- Enhance revenues from Ecomagination products: In 2010, GE set an ambitious aim of growing revenues from Ecomagination offerings at twice the rate of total company revenue in five years. In 2014, Ecomagination met this objective with revenue totaling $34 billion.
- Reduce greenhouse gas (GHG) emissions and freshwater use: GE GHG emissions were reduced 31 percent from the adjusted 2004 baseline and GE’s freshwater use was reduced more than 42 percent from the 2006 baseline.
- The GE Foundation’s Developing Health program expanded its reach: since inception the program has reached 164 health centers in 42 U.S. cities. Together with the GE Foundation’s Developing Health Globally program, the company is also assisting enhance access to healthcare through more than 250 health centers in 15 countries, touching about 15 million lives.
General Electric Company (GE) operates as an infrastructure and financial services company worldwide. The company’s Power and Water segment offers gas, steam and aeroderivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment.
Shares of Encana Corporation (NYSE:ECA), declined -2.44% to $13.17, during its last trading session.
Ryder McRitchie, Vice-President, Investor Relations & Communications, will be presenting at the UBS Global Oil and Gas Conference on Wednesday, May 20, 2015 at about 10:55 a.m. MT (12:55 p.m. ET) in Austin, Texas.
Encana Corporation, together with its auxiliaries, engages in the development, exploration, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States.
At the end of Tuesday’s trade, Shares of Oi S.A. (NYSE:OIBR), lost -1.46% to $2.02.
Oi S.A., informs its shareholders and the market in general that, at an adjourned meeting of the holders of the Euro400,000,000 6.25% Notes due 2016 issued by PT Portugal, SGPS, S.A. and guaranteed by Oi held on this date (as the initial meeting held on 4 May 2015 was adjourned due to being inquorate), at the Issuer’s registered office, at Avenida Fontes Pereira de Melo, 40, in Lisbon, the Extraordinary Resolution regarding the Consent Solicitation has passed. Consent to the adoption of the Extraordinary Resolution was sought in accordance with the terms and conditions set out in the Consent Solicitation Memorandum dated 9 April 2015. This declaration should be read together with the Consent Solicitation Memorandum. Capitalized terms used in this declaration but not defined have the meanings given to them in the Consent Solicitation Memorandum.
Oi S.A. provides integrated telecommunication services for residential customers and governmental agencies, in addition to small, medium, and large companies in Brazil. It offers fixed-line voice services, such as installation, monthly subscription, metered services, collect calls, and supplemental local services; domestic and international long-distance services; broadband Internet access services; subscription television services; and bundled services, in addition to owns and operates public telephones.
Finally, Yelp Inc. (NYSE:YELP), ended its last trade with -0.21% loss, and closed at $46.46, after analysts at Piper Jaffray downgraded the company to “neutral” from “overweight”.
The firm also lowered its price target to $46 from its preceding $70 objective.
Piper analysts said a possible takeout is already priced into shares of the review website operator.
They believe shares are fairly valued given its current outlook.
Yelp Inc. operates a platform that connects people with local businesses in the United States. Its platform covers various local business categories, counting restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others categories.
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