On Thursday, Shares of Polycom Inc (NASDAQ:PLCM), gained 0.72% to $11.17.
Polycom, planned to report financial results on Wednesday, July 22, 2015, for the quarter ended June 30, 2015. Financial results will be declared following the close of market, followed by a conference call and webcast at 2:00 p.m. PT, hosted by Peter Leav, President and CEO, and Laura Durr, Chief Financial Officer.
Polycom, Inc. provides partnership solutions for voice, video, and content sharing. The company offers video, voice, and content-administration and content-sharing solutions, such as telepresence and conference room systems, home/work office solutions, applications for mobile devices, browser-based video collaboration, and cloud-delivered services, in addition to industry-specific solutions, counting specialized video carts and solutions for healthcare, education, and manufacturing.
Shares of Umpqua Holdings Corp (NASDAQ:UMPQ), inclined 1.05% to $17.82, during its last trading session.
Umpqua Holdings Corp, declared that its Board of Directors has approved a quarterly cash dividend in the amount of $0.15 per common share. The dividend is payable on July 15, 2015, to shareholders of record as of June 30, 2015.
Umpqua Holdings Corporation, through its auxiliaries, engages in the commercial and retail banking, and retail brokerage businesses. It operates through two segments, Community Banking and Home Lending.
At the end of Thursday’s trade, Shares of Starwood Property Trust, Inc. (NYSE:STWD), lost -0.77% to $21.86.
Starwood Property Trust, declared that its Board of Directors has authorized a $200 million enhance and one-year extension to the Company’s share repurchase program. The Company is now authorized to purchase up to $450 million of its outstanding common shares and convertible notes over a period of one year ending on June 22, 2016. The repurchase program will be funded through the Company’s existing cash.
Purchases made following the program will be made in either the open market or in privately negotiated transactions from time to time as permitted by federal securities laws and other legal requirements. The timing, manner, price and amount of any repurchases will be determined by the Company in its discretion and will be subject to economic and market conditions, stock price, applicable legal requirements and other factors. The program may be suspended or suspended at any time.
Starwood Property Trust, Inc. originates, acquires, finances, and manages commercial mortgage loans, other commercial real estate debt investments, commercial mortgage-backed securities, and other commercial real estate-related debt investments in the United States and Europe.
Finally, Clean Energy Fuels Corp (NASDAQ:CLNE), ended its last trade with 13.31% gain, and closed at $6.30.
Clean Energy Fuels, declared that it has accomplished 14 station construction projects for refuse customers in the first six months of the year and anticipates to complete another 22 by the end of 2015, which will enable new or expanding refuse fleets to fuel with clean, less-expensive natural gas. These stations support the country’s largest waste companies such as Waste Administration, Republic Services and Progressive Waste Solutions, in addition to regional companies like Knight Waste and municipalities like the City of Medicine Hat in Alberta, Canada.
Clean Energy’s refuse business continues to steadily expand, providing a noteworthy portion of the company’s revenues now through three sources. In addition to revenue received from the construction of new stations and expansion of existing stations and the recurring revenues from fuel sales and operating and maintaining stations for long-term refuse customers, more and more companies are now taking advantage of Clean Energy’s Facility Modification Services unit. Clean Energy has been contracted by Waste Administration, Republic Services and others to upgrade vehicle maintenance facilities to comply with all local and national code requirements for a number of refuse customers.
Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets in the United States and Canada. It designs, builds, operates, and maintains fueling stations; and supplies compressed natural gas (CNG) fuel for light, medium, and heavy-duty vehicles, in addition to liquefied natural gas (LNG) fuel for medium and heavy-duty vehicles.
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