Search
Saturday 12 September 2015
  • :
  • :
Latest Update

Stocks Roundup - JetBlue Airways Corporation (NASDAQ:JBLU), PPL Corp (NYSE:PPL), Johnson Controls Inc (NYSE:JCI)

On Tuesday, Shares of JetBlue Airways Corporation (NASDAQ:JBLU), gained 4.85% to $24.87.

JetBlue, the largest airline in Boston, is proud to declare a multi-year partnership becoming the Official Airline Partner of the New England Patriots and Gillette Stadium. The five-year sponsorship kicks off with this season’s activities and an acknowledgement of the passionate Patriots fanbase.

New England fans will enjoy an added bonus when flying JetBlue from their local airports. Throughout the 2015 NFL regular season, customers wearing official New England Patriots jerseys on game days will be offered early boarding when flying out of JetBlue’s nine New England cities (Boston, Mass., Burlington, Vt., Hartford, Conn., Martha’s Vineyard, Mass., Nantucket, Mass., Portland, Maine, Providence, R.I., and Worcester, Mass.)

“We’re proud of our deep roots in our New England communities, and few institutions bring New Englanders together more than the Patriots. JetBlue is thrilled to join the huddle with the National Football League’s reigning Super Bowl champions,” said Marty St George, JetBlue executive vice president commercial and planning.

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2014, the company operated a fleet of 13 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 EMBRAER 190 aircrafts.

Shares of PPL Corp (NYSE:PPL), inclined 2.01% to $29.88, during its last trading session.

PPL Electric Utilities and the advocates and interest groups who intervened in the company’s rate proceeding have reached a settlement that would improvement delivery rates and assist fund additional reliability improvements.

“This is a fair settlement among all the parties in the case,” said Greg Dudkin, president of PPL Electric Utilities. “We appreciate the constructive dialogue that enabled us to reach this agreement.”

The company will use the raised funding to continue its work to prevent power outages for the 3 million people who depend on PPL for safe and reliable electric service.

PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. It serves 321,000 natural gas and 397,000 electric customers in Louisville and 16 surrounding counties; and 543,000 customers in 77 Kentucky counties and 5 counties in Virginia.

Finally, Johnson Controls Inc (NYSE:JCI), ended its last trade with 3.43% gain, and closed at $41.04.

Johnson Controls declared it has accomplished the sale of its Global Workplace Solutions (GWS) business to CBRE Group (CBG) for $1.475 billion. Global Workplace Solutions is one of the world’s largest providers of facilities administration services.

The sale comprises a 10-year planned relationship between the two companies. Johnson Controls will be the preferred provider of HVAC equipment, building automation systems and related services to the 5 billion sq. ft. portfolio of real estate and corporate facilities managed globally by CBRE and GWS. The agreement provides Johnson Controls with new channels for its offerings and when fully operational is predictable to generate up to $500 million of annual incremental revenue for the Johnson Controls Building Efficiency business.

“The sale of Global Workplace Solutions goes beyond its transactional value, as it represents an investment by Johnson Controls to grow its core building business, at the same time forging a planned partnership with CBRE that will deliver long-term benefits to both companies,” said Alex Molinaroli, Johnson Controls CEO.

Johnson Controls, Inc. operates as a diversified technology and industrial company worldwide. Its Building Efficiency segment designs, produces, markets, and installs integrated heating, ventilating, and air conditioning systems, in addition to building administration systems, controls, and security and mechanical equipment.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




Leave a Reply

Your email address will not be published. Required fields are marked *