On Monday, NRG Energy Inc (NYSE:NRG)’s shares declined -9.32% to $9.19.
Eight distinguished Houston-area high school students were honored by Reliant and the Houston Texans at an on-field ceremony at NRG Stadium for the annual “Scholarship for Champions” program, recognizing their academic achievement, athleticism, leadership and community contributions. These students juggle personal routines, school assignments, sports and other commitments every day, focusing on creating opportunities for themselves in the face of exceptional challenges.
Created from a partnership between Reliant and the Texans, the Scholarship for Champions program celebrates each athlete’s academic performance, values and dedication to his or her community and sports team with a $5,000 scholarship. All winners play on varsity teams, while maintaining a minimum 3.0 grade point average, and plan to pursue a college degree.
“If you want to see inspiring students in action, look no further than our annual Scholarship for Champions honorees. These young individuals exemplify strength and character in overcoming the odds to succeed on and off the field,” said Elizabeth Killinger, president of NRG Retail and Reliant. “Each of these students is a leader in their classrooms and communities, and Reliant is proud to support them as they prepare for their next great accomplishments in their studies and future careers.”
NRG Energy, Inc., together with its auxiliaries, operates as a power company. The company provides electricity; system power, distributed generation, solar and wind products, backup generation, storage and distributed solar, demand response, energy efficiency, and on-site energy solutions; carbon administration and specialty services; and various energy services, such as operations, maintenance, technical, development, and asset administration services.
Oracle Corporation (NYSE:ORCL)’s shares gained 1.18% to $37.65.
Oracle Corporation declared that its second quarter fiscal year 2016 results will be released on Wednesday, December 16th, after the close of the market. Oracle will host a conference call and live webcast at 2:00 p.m. Pacific Time to discuss the financial results.
Oracle Corporation develops, manufactures, markets, sells, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide.
At the end of Monday’s trade, ON Semiconductor Corp (NASDAQ:ON)‘s shares surged 2.12% to $10.11, after Fairchild Semiconductor (FCS) declared that an unsolicited takeover bid it had received was not superior to ON’s buyout offer.
Last week, an unnamed company made an unsolicited bid to buy Fairchild for $21.70 per share in cash. ON, a Phoenix-based semiconductor company, offered to buy Fairchild earlier this year for $20 per share in cash.
Fairchild’s board determined that the offer “would not reasonably be predictable to result in a ‘superior proposal,'” the San Jose, CA-based semiconductor company said in a statement.
ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. It operates in four segments: Application Products Group, Image Sensor Group, Standard Products Group, and System Solutions Group.
