On Wednesday, China Finance Online Co. (ADR) (NASDAQ:JRJC)’s shares declined -21.15% to $4.67.
China Finance Online Co. (ADR) (JRJC) a leading web-based financial services company that provides Chinese retail investors with online access to securities and commodities trading, wealth administration products, investment advisory services, in addition to financial database and analytics services to institutional customers, declared that the company has launched the updated version 2.0 of its investment advisory service application Investment Masters (in Chinese “iTouGu”). The new version is accessible on the Company’s website and app stores for iOS and android.
The new features and functions in the updated version 2.0 comprise:
- Added a “What to Buy” sector, integrating advisors’ real-time portfolios and their market performance, in addition to recommendations for wealth administration products; and
- Improved application interface and functional flows for better user experience.
Through the brand new version of Investment Masters, investors can obtain private advices from online investment advisors, and also follow advisors’ stock holdings’ baskets to build their own optimal and suitable investment portfolio.
China Finance Online Co., Limited provides Web-based financial services in the Peoples Republic of China and Hong Kong. The company operates through three segments: Precious Metals Trading Services; Online Financial Information and Advisory Service, and Other Related Services; and Hong Kong Brokerage Services. It provides online access to securities and commodities trading services, wealth administration products, and securities investment advisory services to retail investors; and financial database and analytics to institutional investors, counting financial, research, academic, and regulatory institutions.
Boeing Co (NYSE:BA)’s shares gained 0.39% to $143.81.
Boeing Co (BA) employees in Renton, Wash., have started building the first 737 MAX on plan. Last week, employees started to assemble the wings for the first 737 MAX flight test airplane. Wings are the first 737 components to be assembled in the Renton production process.
Machine operators loaded 737 MAX wing skin panels and stringers into the new panel assembly line that uses automation to drill holes and install fasteners in the upper and lower wing panels. Mechanics also loaded the initial parts of the first 737 MAX spars – internal support structures in wings – into automated spar assembly machines. The unfinished skins, stringers and spars were machined by Boeing Fabrication Skin and Spar in Auburn and Fredrickson, Wash. When finished, the panels and spars will be transformed into accomplished wings.
The wings will be attached to the first 737 MAX fuselage on the new Central line in Renton Final Assembly later this year. The new production line will allow the team to isolate the first 737 MAX build from the rest of production in order to learn and perfect the build process while the Renton factory continues to build at a rate of 42 airplanes a month.
The Boeing Company, together with its auxiliaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements, in addition to provides related support services to the commercial airline industry.
At the end of Wednesday’s trade, KB Home (NYSE:KBH)‘s shares surged 0.55% to $14.68.
KB Home (KBH) one of the nation’s largest and most recognized homebuilders, is celebrating the grand opening of its Copper Crest community in Mesa, offering homebuyers the unique opportunity to own a newly-built home in an established location at the corner of Higley and Brown roads, with prime proximity to active employment centers, premier shopping and dining, and highly-rated schools.
Situated north of the Superstition Freeway and south of Loop 202, Copper Crest provides quick commutes to most of Phoenix’s major employers, and convenient travel to shopping, dining and entertainment destinations at Superstition Springs Mall and Mesa Riverview Mall.
KB Home operates as a homebuilding company in the United States. It constructs and sells various homes, counting attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers under the name KB Home. The company also provides property and casualty insurance, in addition to earthquake, flood, and personal property insurance to its homebuyers; title services; and mortgage banking services, counting residential consumer mortgage loan originations to its homebuyers.
CMS Energy Corporation (NYSE:CMS), ended its Wednesday’s trading session with -2.01% loss, and closed at $32.65.
CMS Energy Corporation (CMS) primarily operates a regulated electric and natural gas utility, Consumers Energy, which serves 6.6 million of Michigan’s Lower Peninsula residents. Consumers Energy operates a large asset base of electric generation facilities, wind turbines, distribution systems, and natural gas pipelines, making the utility one of the largest investors in Michigan. The utility is the fourth largest combination electric and gas utility in the U.S. with total revenues of $6.8 billion and 1.8 million electric customers and 1.7 million gas customers.
John Russell: Utilities provide investors with an attractive total shareholder return profile. Utilities are able to invest in regulated assets and generate a return on the equity portion of their investment. By growing their asset base, regulated utilities generate earnings per share growth. In addition, utilities provide an attractive dividend yield. What differentiates one utility from another is having the opportunity to make new infrastructure investments together with the constructive regulation that allows the utility to earn an attractive return on those investments.
CMS Energy Corporation operates as an energy company primarily in Michigan, the United States. The company’s Electric Utility segment engages in the generation, purchase, distribution, and sale of electricity to residential, commercial, and various industrial customers in Michigan’s Lower Peninsula. It operates a network of coal, gas, hydroelectric, oil, and wind generation plants.
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