On Wednesday, Shares of United Technologies Corporation (NYSE:UTX), lost -1.14% to $128.59.
Through its work with NORESCO, a national leader in energy efficiency and energy infrastructure solutions, the Santa Barbara Unified School District (SBUSD) has received state approval of its five-year energy expenditure plan and Proposition 39 funding to upgrade building systems at 13 schools. NORESCO will serve as the owner’s representative for SBUSD to deliver $2.7 million in improvements through the multi-year project. NORESCO specializes in the development, design, construction, financing, and operation of energy- and environmental-efficiency projects and is a part of UTC Building & Industrial Systems, a unit of United Technologies Corp. (UTX).
Development of projects under the California Clean Energy Jobs Act, also known as Proposition 39, is a structured multi-step process. The district began the process by selecting NORESCO to perform energy audits at its schools to identify lighting, controls, heating, ventilating and air conditioning, building weatherization and renewable energy projects to benefit students, generate savings, and fit its energy expenditure plan.
United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide. Its Otis segment designs, manufactures, sells, and installs passenger and freight elevators, escalators, and moving walkways; modernization products to upgrade elevators and escalators; and maintenance and repair services.
Shares of Integrated Device Technology Inc (NASDAQ:IDTI), declined -6.60% to $19.39, during its last trading session.
Integrated Device Technology declared it won an ACE Award for its innovative VersaClock 5 programmable clock generator. The award was presented Tuesday by EE Times and EDN, two prestigious industry publications, at the annual ACE Awards ceremony.
A panel of technology experts selected the VersaClock 5 device as an “Ultimate Product” in the Logic/Interface/Memory category.
“We thank the judges for this recognition of some truly innovative technology,” said Dave Shepard, vice president and general manager of IDT’s timing and RF division. “This ACE Award is further validation of the value the VersaClock 5 technology has brought to the market.”
Integrated Device Technology, designs, develops, manufactures, and markets a range of semiconductor solutions for the communications, computing, and consumer industries worldwide.
Finally, American Homes 4 Rent (NYSE:AMH), ended its last trade with 0.37% gain, and closed at $16.18.
American Homes 4 Rent declared that the Company will release its second quarter 2015 financial and operating results on Thursday, August 6, 2015, after the market closes. The Company will host a conference call on Friday, August 7, 2015, at 11:00 a.m. Eastern Time.
American Homes 4 Rent is a real estate investment trust. The firm engages in the acquisition, renovation, leasing, and operating single-family home rental properties in the United States. American Homes 4 Rent was founded in 2012 and is based in Malibu, California.
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