On Wednesday, Shares of Williams Companies, Inc. (NYSE:WMB), lost -0.75% to $51.88.
On May 15, Williams Companies, declared that it has placed into service its Rockaway Delivery Lateral and Northeast Connector projects, increasing natural gas delivery capacity to Brooklyn and Queens and assisting New York City meet its clean-air aims.
With a daily delivery capacity of 647,000 dekatherms, the Rockaway Delivery Lateral provides an additional supply-delivery connection between Williams’ Transco transmission pipeline and the National Grid distribution system, which provides local natural gas service to 1.8 million customers in Brooklyn, Queens, Staten Island and Long Island. The Rockaway project adds 3.2 miles of new Transco pipeline and related facilities in New York. The Northeast Connector project comprises of equipment to enhance compression at three existing Transco facilities in New Jersey and Pennsylvania and provides 100,000 dekatherms per day of firm transportation capacity from Transco’s Station 195 in southeastern Pennsylvania to the Rockaway Delivery Lateral.
The projects were developed to assist meet the long-term clean energy needs of New York City while significantly enhancing reliability and serving growth on the National Grid system. The Rockaway Delivery Lateral project was specifically cited in New York City’s PLANYC 2030 as an important part of achieving the city’s aim of eliminating the use of high sulfur fuel oil and realizing some of its clean-air aims.
The Williams Companies, Inc. operates as an energy infrastructure company primarily in the United States. The company operates in three segments: Williams Partners, Access Midstream, and Williams NGL & Petchem Services.
Shares of Staples, Inc. (NASDAQ:SPLS), inclined 0.46% to $16.22, during its last trading session.
Staples, declared that “Staples Business Loans” has surpassed a million dollars of funding for small businesses. The quick and easy access to capital has assisted more than 43 small businesses nationwide, ranging from a lunch wagon in Virginia to a medical writing company in Georgia to a construction service business in Ohio. The $1.5 million in loans is assisting businesses expand, hire new employees and build for the future.
Financing and cash flow are major pain points for small businesses. Staples teamed up with Lendio, an innovative financial technology firm and the leading small business-lending marketplace, to deliver a suite of funding options that assist solve these challenges.
Staples Business Loans is quick and simple with each business receiving individual attention. It offers more than 20 different funding options and the flexibility for businesses to use the money for whatever their business needs.
Staples, Inc., together with its auxiliaries, operates office products superstores. It operates through three segments: North American Stores & Online, North American Commercial, and International Operations. The company offers a range of office supplies, business technology products and services, facility and breakroom supplies, computers and mobility products, and office furniture under the Staples, Quill, and other proprietary brands.
Appliance Recycling Centers of America Inc. (NASDAQ:ARCI) and Zhaopin Ltd. (NYSE:ZPIN), were leading the services sector during yesterday’s trade. Appliance Recycling Centers of America Inc., gained 14.36% while Zhaopin Ltd. Surged 10.86%.
Among other service sector companies, Urban Outfitters Inc. (NASDAQ:URBN), ended its last trade with 0.01% loss, and closed at $34.97.
Urban Outfitters, Inc., a lifestyle specialty retail company, engages in the retail and wholesale of general consumer products. The company operates in two segments, Retail and Wholesale. It serves its customers directly through retail stores, Websites, mobile applications, catalogs, and customer contact centers. The company operates retail stores under the Urban Outfitters, Anthropologie, Free People, Terrain, and Bhldn brands.
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