On Monday, Shares of Columbia Pipeline Group, Inc. (NYSE:CPGX), lost -0.30% to $29.71.
IBM, has signed a five-year IT services agreement counting cloud, mobile, analytics and security technologies with Columbia Pipeline Group, Inc. (CPGX) supporting the company’s continued growth as an independent energy company.
On July 1, CPG accomplished the separation of its natural gas pipeline, midstream and storage business from energy infrastructure company NiSource Inc. As a stand-alone, publicly traded company, CPG is rapidly expanding its operations to serve new and existing customers and markets, with net asset investments predictable to grow from about $4.6 billion in 2015 to about $13.5 billion by 2020.
Columbia Pipeline Group, Inc., together with its auxiliaries, owns, operates, and develops a portfolio of pipelines, storage, and related midstream assets. It owns about 15,000 miles of interstate gas pipelines from New York to the Gulf of Mexico; and natural gas storage systems with about 300 million dekatherms (MMDth) of working gas capacity, in addition to related gathering and processing assets. The company is headquartered in Houston, Texas. Columbia Pipeline Group, Inc. (NYSE:CPGX.WI) operates independently of NiSource Inc. as of July 1, 2015.
Shares of Merged Edison, Inc. (NYSE:ED), declined -0.20% to $60.69, during its last trading session.
Merged Edison, will release its second quarter earnings on August 6, 2015, after the market closes.
Merged Edison, Inc. is one of the nation’s largest investor-owned energy companies, with about $13 billion in annual revenues and $44 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following auxiliaries: Merged Edison Company of New York, Inc., a regulated utility providing electric, gas, and steam service in New York City and Westchester County, New York; Orange and Rockland Utilities, Inc., a regulated utility serving customers in a 1,350 square mile area in southeastern New York state and adjacent sections of northern New Jersey and northeastern Pennsylvania; Merged Edison Solutions, Inc., a retail energy supply and services company; Merged Edison Energy, Inc., a wholesale energy services company; and Merged Edison Development, Inc., a company that develops, owns and operates renewable and energy infrastructure projects.
Merged Edison, Inc., through its auxiliaries, engages in regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to about 3.4 million customers in New York City and Westchester County; gas to about 1.1 million customers in Manhattan, the Bronx, and parts of Queens and Westchester County; and steam to about 1,700 customers in parts of Manhattan.
At the end of Monday’s trade, Shares of CYS Investments Inc (NYSE:CYS), lost -1.12% to $7.93.
CYS Investments, declared that it will host a conference call at 9:00 AM Eastern Time on Thursday, July 23, 2015, to talk about its financial results for the quarter ended June 30, 2015.
Hosting the call will be Kevin E. Grant, Chairman and Chief Executive Officer, together with other members of the Company’s senior administration team.
CYS Investments, Inc., a specialty finance company, invests in residential mortgage pass-through securities in the United States. It also focuses on investing in residential mortgage-backed securities that are issued and the principal and interest of which are guaranteed by a federally chartered corporation (Agency RMBS); debt securities issued by the United States Department of Treasury or a government sponsored entity; and collateralized mortgage obligations issued by a government agency or government-sponsored entity that are collateralized by Agency RMBS.
Finally, Tegna Inc (NYSE:TGNA), ended its last trade with 1.85% gain, and closed at $31.95.
TEGNA Inc. (TGNA), which accomplished the spin of its publishing business on June 29, 2015, said that it will host a second-quarter 2015 earnings conference call with financial analysts on Tuesday, July 21 at 10:00 a.m. (ET).
TEGNA’s earnings declaration will be released to news outlets and wire services before the market opens on July 21. Materials related to the call will be accessible at that time through the Investor Relations section of TEGNA’s Web site, investors.TEGNA.com.
TEGNA Inc. engages in media and digital businesses in the United States. The company operates 46 television stations that produce local programming, such as news, sports, and entertainment; and associated online sites.
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