On Friday, Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW), lost -0.46% to $68.68.
C.H. Robinson Worldwide, declared that Jeroen Eijsink has joined the company as President of C.H. Robinson Europe, B.V. Eijsink will report to President and Chief Executive Officer John Wiehoff.
“Jeroen is a focused and proven collaborative leader who brings extensive European transportation expertise and noteworthy leadership experience to his new role with C.H. Robinson,” said Wiehoff. “Europe is a critical part of our global growth strategy and a competitive differentiator for the company. Our business in the region is well positioned with a strong leadership team in place.”
Since 1993, C.H. Robinson has offered road transport and freight forwarding services via a dynamic network of offices throughout Europe. Over the past three years, the company has accelerated growth in the European region by adding 18 offices, for a total of 52, and doubled headcount to over 1,000 customer-focused employees.
C.H. Robinson Worldwide, Inc., a third party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. It offers transportation and logistics services, such as truckload comprising time-definite and expedited truck transportation services; less than truckload services; intermodal transportation, which is shipment service of freight in trailers or containers by combination of truck and rail; and non-vessel ocean common carrier or freight forwarding services, in addition to organizes air shipments and provides door-to-door services.
Shares of First Solar, Inc. (NASDAQ:FSLR), inclined 1.18% to $48.79, during its last trading session.
Marking a major milestone in the planned expansion of one of the nation’s leading renewable generation portfolios, Southern Company partner Southern Power declared the acquisition of a controlling interest in the company’s largest solar asset – the 300-megawatt (MW) Desert Stateline Facility in California – from First Solar Inc., which will retain the remaining interest in the project. This project represents Southern Power’s and First Solar’s fourth shared acquisition.
“The acquisition of our system’s largest solar facility builds on our proven reputation as a national renewable energy leader,” said Southern Company Chairman, President and CEO Thomas A. Fanning. “By ongoing to leverage Southern Company’s and First Solar’s complementary strengths, we are accelerating the development of solar as an important component of a diverse fuel mix now and in the future.”
Southern Power’s seventh solar acquisition in California, the Desert Stateline Facility, will be located on 1,685 acres of federally managed public land in San Bernardino County and is predictable to comprise of about 3.2 million of First Solar’s thin-film photovoltaic (PV) solar modules mounted on fixed-tilt tables. Once operational, the Desert Stateline Facility is predictable to be capable of generating enough electricity to assist meet the energy needs of nearly 100,000 average homes.
First Solar, Inc. provides solar energy solutions worldwide. The company operates through two segments, Components and Systems. The Components segment designs, manufactures, and sells solar modules that convert sunlight into electricity.
At the end of Friday’s trade, Shares of Newell Rubbermaid Inc. (NYSE:NWL), gained 0.95% to $42.54.
Newell Rubbermaid, declared on its third-annual Global Day of Service it will donate $3 million in school supplies, as part of the company’s partnership with The Kids In Need Foundation. About 3,500 employees in 23 countries will be at 105 sites volunteering their talents and time to complete projects that will improve the educational experience for youth and young adults.
In 16 U.S. cities, Newell Rubbermaid will work with The Kids In Need Foundation, a 501(c)(3) that provides free school supplies nationally to students most in need, to donate 10,000 backpacks for students and 8,200 “Teacher Toolboxes” for teachers starting through the end of the school year. Each “Teacher Toolbox” comprises Sharpie® markers and highlighters; Paper Mate® pens, pencils and erasers; Expo® markers; and Mr. Sketch® markers packaged in a Rubbermaid® storage container.
While volunteering at Dunwoody Springs Elementary School in Atlanta, Ga., Newell Rubbermaid President and Chief Executive Officer Michael Polk said, “Newell Rubbermaid is committed to giving back in the communities we serve through our focus on education. As the global leader in the Writing Instrument business, we are dedicated to providing access to tools that assist our next generation succeed in school and life. We’re proud that recently’s donation will provide about 130,000 teachers and 3.7 million students with the pens, pencils, highlighters, and markers they need to achieve more this school year.”
Of the donated supplies, 6,700 “Teacher Toolboxes” will be offered to teachers at Fulton County School Systems’ 101 schools and eight select schools will receive 5,500 backpacks in Newell Rubbermaid’s headquarters city of Atlanta, Ga.
Newell Rubbermaid Inc. manufactures and markets consumer and commercial products worldwide. It operates through five segments: Writing, Home Solutions, Tools, Commercial Products, and Baby & Parenting.
Finally, Key Energy Services, Inc. (NYSE:KEG), ended its last trade with -8.49% loss, and closed at $0.586.
Key Energy Services, declared that it had received a letter from The New York Stock Exchange notifying it that, for 30 successive trading days, the price for Key’s common shares was below the minimum $1.00 per share requirement for continued listing on the NYSE under Item 802.01C of the NYSE’s Listed Company Manual. This notice does not have an immediate effect on the listing of Key’s common shares.
Key has 180 days, or until March 2, 2016, to regain compliance with the NYSE’s minimum share price requirement. Key will explore all options to regain compliance with the NYSE’s continued listing standard and, in accordance with NYSE rules, Key will notify the NYSE within 10 business days of its receipt of the NYSE notice of its intent to cure this deficiency. Under the NYSE standards, the Company can avoid delisting if, during the six-month period following receipt of the NYSE notice, on the last trading-day of any calendar month, the Company’s common stock has a closing price per share and a 30 trading-day average closing share price of at least $1.00.
Key intends to maintain the listing of its common shares on the NYSE and will consider available alternatives, potentially counting a reverse stock split, in order to cure the stock price deficiency and return to compliance with the NYSE continued listing requirement. As a Maryland corporation, a reverse stock split would only require the approval of the Board of Directors and the posting of appropriate NYSE notices.
Key Energy Services, Inc. operates as an onshore rig-based well servicing contractor in the United States and internationally. It offers rig-based services, counting the maintenance, workover, and recompletion of existing oil wells; completion of newly-drilled wells; and plugging and abandonment of wells at the end of their lives, in addition to specialty drilling services to oil and natural gas producers.
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.
