On Wednesday, Shares of Sunrun Inc. (NASDAQ:RUN), gained 22.55% to $11.63.
Last night, Congress released the text of an omnibus spending bill that comprises a five-year extension of the solar Investment Tax Credit. Leaders are predictable to vote on the final bill by the end of the week.
Bryan Miller, Senior Vice President of Public Policy and Power Markets at Sunrun and President of The Alliance for Solar Choice, released the following statement:
“We applaud support from Nevada Senator Harry Reid, Nevada Senator Dean Heller, New York Senator Chuck Schumer, and New York Congressman Tom Reed, together with many other members of Congress who have taken a leadership role to assist level the playing field for solar.
“The key bricks in the foundation for solar are the Investment Tax Credit (ITC) and stable net metering policies. If politicians in Nevada or any other state take away either brick, the foundation crumbles. We urge Congress to finalize the five-year ITC extension promptly.”
Sunrun Inc. develops, owns, manages, and sells residential solar energy systems. It distributes solar energy products and material used in the design, installation, and maintenance of solar energy systems. The company also develops and sells mounting structures through the installation and distribution operations under the SnapNrack brand.
Shares of Masco Corp (NYSE:MAS), inclined 2.15% to $29.43, during its last trading session.
Masco Corporation, declared that its Board of Directors declared a quarterly dividend of $.095 per common share, payable on February 8, 2016, to shareholders of record on January 8, 2016.
Headquartered in Taylor, Mich., Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Our portfolio of industry-leading brands comprises Behr® paint; Delta® and Hansgrohe® faucets, bath and shower fixtures; KraftMaid® and Merillat® cabinets; Milgard® windows and doors; and HotSpring® spas. We leverage our powerful brands across product categories, sales channels and geographies to create value for our customers and shareholders.
Masco Corporation manufactures, distributes, and installs home improvement and building products worldwide. Its Cabinets and Related Products segment provides cabinetry for kitchen, bath, storage, home office, and home entertainment applications; and kitchen countertops, and integrated bathroom vanity and countertop solutions.
Finally, Horizon Pharma PLC (NASDAQ:HZNP), ended its last trade with 1.88% gain, and closed at $21.15.
Horizon Pharma plc, declared that it will present at the 34th Annual J.P. Morgan Healthcare Conference. Timothy P. Walbert, chairman, president and chief executive officer, will present at 11:30 a.m. Pacific Time (1:30 p.m. Central Time) on January 13, 2016. Mr. Walbert will review the company’s financials, provide details regarding its orphan, primary care and rheumatology business units and business development strategy.
Horizon Pharma plc, a specialty biopharmaceutical company, engages in identifying, developing, acquiring or in-licensing, and commercializing medicines for the treatment of arthritis, pain, inflammatory, and/or orphan diseases in the United States and internationally.
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