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Wednesday 16 September 2015
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Traders Alert: SolarCity Corp (NASDAQ:SCTY), Dynegy Inc. (NYSE:DYN), Koninklijke Philips NV (ADR) (NYSE:PHG), Trinity Industries Inc (NYSE:TRN)

On Monday, Shares of SolarCity Corp (NASDAQ:SCTY), lost -0.15% to $48.07.

SolarCity, America’s #1 solar power provider, is expanding its New Hampshire presence with a new, 26,000 square foot operations center in Manchester. Governor Maggie Hassan, Mayor Ted Gatsas, Councilor Chris Pappas, and other state and local officials joined SolarCity staff to cut the ribbon at the new facility recently. The Manchester operations center is SolarCity’s first in the state, and the company anticipates more than 75 jobs there when fully staffed.

“On behalf of the people of New Hampshire, I am proud to welcome SolarCity to the Granite State,” Governor Hassan said. “SolarCity’s decision to open this facility in New Hampshire reinforces that our tax-friendly environment, small and responsive state government, highly skilled workforce and high quality of life make the Granite State attractive for growing businesses. SolarCity will assist encourage energy efficiency and diversification in our growing clean energy sector, which will assist reduce costs for ratepayers, create jobs and decrease harmful emissions that lead to climate change.”

SolarCity Corporation designs, manufactures, installs, maintains, monitors, leases, and sells solar energy systems to residential, commercial, government, and other customers in the United States.

Shares of Dynegy Inc. (NYSE:DYN), inclined 0.53% to $24.71, during its last trading session.

Dynegy Inc., stated its results from the PJM capacity auction for planning year 2018/19 and the transition auction for the 2016/17 delivery year. The 2018/2019 PJM capacity auction cleared the Capacity Performance product (CP) at $165 per megawatt-day in the RTO (unconstrained region), $215 per megawatt-day for the ComEd region, and $225 per megawatt-day in the EMAAC region. The RTO base capacity product cleared at $150 per megawatt-day.

Dynegy cleared 9,891 megawatts (MW), which comprises 835 MW that will be imported into PJM from the Company’s IPH segment assets located in MISO. Capacity revenues associated with these clearing prices totals $653 million for planning year 2018/19.

Dynegy Inc., through its auxiliaries, produces and sells electric energy, capacity, and ancillary services in the United States. It operates in three segments, Coal, IPH, and Gas. The company sells its services on a wholesale basis from its power generation facilities. It has a fleet of 15 power plants in 5 states totaling about 13,000 megawatts of generating capacity.

At the end of Monday’s trade, Shares of Koninklijke Philips NV (ADR) (NYSE:PHG), lost -0.97% to $25.60.

Royal Philips, declared details around its participation in the Dreamforce 2015 conference in San Francisco, Calif. September 15-18, demonstrating its commitment to assist transform health care into a seamless and people-centric experience throughout the full health continuum. As the Manufacturing Featured Partner at the Salesforce Customer Showcase, Philips will demonstrate the power of connecting consumer and health devices, counting mobile applications and lighting, to assist consumers develop healthier habits for life.

Building on the planned alliance declared with Salesforce last year, Philips will also showcase how its deep consumer and clinical knowledge and IT capabilities combined with Salesforce’s customer relations administration platform enable meaningful data-driven, clinical innovations. With the aim of assisting patients and caregivers work together in new and connected ways to make more confident health and lifestyle-related decisions, Philips will premiere a robust digital health solution to improve care for the nearly 400 million diabetes patients worldwide and their caregivers.

Koninklijke Philips N.V. engages in healthcare, consumer lifestyle, and lighting businesses worldwide. It provides various integrated clinical solutions, counting radiation oncology and portfolio administration; computed tomography, magnetic resonance imaging, and molecular imaging products; digital X-ray and mammography products; interventional X-ray products in cardiology, radiology, surgery, and other areas; and ultrasound products.

Finally, Trinity Industries Inc (NYSE:TRN), ended its last trade with -1.45% loss, and closed at $25.85.

The Federal Highway Administration and the American Association of State Highway and Transportation Officials (“AASHTO”), have declared the results from a second joint task force formed to determine whether there is any evidence of performance limitations unique to the ET Plus System, an extruding w-beam guardrail terminal system manufactured by Trinity Highway Products, a partner of Trinity Industries, Inc. (TRN), and the degree to which any such performance limitations extend to other brands of extruding w-beam guardrail terminals (see link to the report offered at the end of this release).

The joint task force comprised of six representatives from the FHWA, three representatives from AASHTO, nine representatives of state Departments of Transportation, and independent experts. The findings, conclusions and recommendations, as presented in the joint task force conference call and report, comprise the following:

  • There are no performance limitations unique to the ET Plus System
  • There will be real-world conditions that exceed the performance expectations of all manufacturers’ w-beam guardrail end terminal systems. These conditions comprise, but are not limited to, installation, maintenance or repair issues; terrain features; and guardrail placement, in addition to physical laws; vehicle stability; vehicle crashworthiness; site conditions; and impacts outside of the criteria established by the National Cooperative Highway Research Program Report 350 (“NCHRP Report 350”)
  • Additional crash testing of all existing NCHRP Report 350-compliant extruding w-beam guardrail terminals, counting the ET Plus® System, “would not be informative” and “would be irrelevant”
  • A transition to AASHTO Manual for Assessing Safety Hardware (“MASH”) criteria for all new installations of guardrail terminals is recommended

These findings follow the results from the first AASHTO-FHWA joint task force released in March 2015, which concluded there was no evidence of multiple versions of the ET Plus® System on roadways and that the terminals successfully crash-tested at the Southwest Research Institute in December 2014 and January 2015 were representative of the devices installed across the country.

Trinity Industries, Inc. provides various products and services for the energy, transportation, chemical, and construction sectors in the United States and internationally. Its Rail Group segment offers railcars, counting autorack, box, covered hopper, gondola, intermodal, tank, and open hopper cars; and couplers, axles, and other equipment, in addition to railcar maintenance services.

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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.

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