On Monday, Shares of CMS Energy Corporation (NYSE:CMS), gained 2.72% to $35.56.
Consumers Energy, the principal partner of CMS Energy, has declared a quarterly dividend on the utility’s preferred stock.
The following dividend is payable Jan. 1, 2016, to shareholders of record Dec. 7, 2015: $1.125 per share on the $4.50 stock (NYSE: CMSpb).
CMS Energy is a Michigan-based company that has an electric and natural gas utility, Consumers Energy, as its primary business and also owns and operates independent power generation businesses.
CMS Energy Corporation operates as an energy company primarily in Michigan, the United States. The company’s Electric Utility segment engages in the generation, purchase, distribution, and sale of electricity to residential, commercial, and various industrial customers in Michigan’s Lower Peninsula.
Shares of Olin Corporation (NYSE:OLN), inclined 5.49% to $20.36, during its last trading session.
Olin Corporation’s, senior administration will be presenting at the Citi 2015 Basic Materials Conference in New York City at 2:00 P.M. Eastern on December 1st. During this conference, Olin’s senior administration will also be available for one-on-one meetings with investors.
Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced comprise chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach and hydrochloric acid. Winchester’s principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.
Olin Corporation manufactures and sells chlor alkali products in the United States and internationally. The company operates through three segments: Chlor Alkali Products, Chemical Distribution, and Winchester.
Finally, Shares of Barclays PLC (ADR) (NYSE:BCS), ended its last trade with 1.47% gain, and closed at $13.81.
Growth in advanced economies is on solid ground, albeit disappointing by historical standards, and the likelihood of a major blow to risk assets in the near term is limited, according to Barclays’ latest flagship quarterly research publication Global Outlook: Curb your enthusiasm. However, elevated asset prices imply modest potential upside, especially as the current benign environment is unlikely to persist as 2016 progresses.
“We do not expect the early stages of the Fed hiking cycle to disrupt global interest rate or equity markets,” said Ajay Rajadhyaksha, Head of Macro Research. “However, financial markets are priced for a benign financial environment – steady growth, low inflation and loose monetary policy. This is unlikely to persist as 2016 progresses. We suggest that investors start the year neutral on risk assets, but recommend keeping some powder dry to take advantage of possible risk-off episodes, such as the China-linked sell-off we saw in August.”
The likelihood of a cyclical recovery in corporate earnings appears higher in continental Europe than in the more cyclically advanced US, UK and Japan. But outperformance in European equities will likely be offset by local currency weakness. Moreover, it may be too early to forecast a definitive end to Emerging Market equity underperformance.
Barclays PLC, through its auxiliaries, provides various financial products and services worldwide. It offers personal and corporate banking, mortgage, and wealth and investment administration services to individuals and businesses; consumer payments products and services to consumers and merchants; and retail and business banking, corporate and investment banking, and wealth administration and insurance services.