On Monday, Shares of Plug Power Inc (NASDAQ:PLUG), gained 4.35% to $1.92.
Plug Power, declared it has been named to Deloitte’s 2015 Technology Fast 500(TM), a listing of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Plug Power revenue grew 132 percent during the period from 2011 to 2014.
Plug Power’s chief executive officer, Andy Marsh, credits rapid adoption of its streamlined GenKey hydrogen and fuel cell solution for the company’s most recent growth. “We are building a big business at Plug Power,” said Marsh. “We’re making all the necessary moves to enable Plug Power to achieve $500 million in sales within the next three to five years. We are both happy and honored to be comprised in the Deloitte 2015 Technology Fast 500.”
Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of fuel cell systems for the industrial off-road markets worldwide. It focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies.
Shares of Bank of New York Mellon Corp (NYSE:BK), inclined 0.61% to $42.93, during its last trading session.
BNY Mellon, has been designated trustee, registrar and paying agent for $50.69 million in revenue bonds on behalf of the Querencia at Barton Creek retirement center in Austin, Texas. Querencia at Barton Creek is operated by Senior Quality Lifestyles Corporation (SQLC), a nonprofit organization operating six ongoing care retirement communities in Texas and Indiana.
This transaction will fund renovation and expansion of common areas, counting the spa, casual dining and theater, and the redemption of preceding debt. BNY Mellon has acted as trustee for all 33 series of bond financings totaling $1.14 billion regarding the senior living communities supported by SQLC.
“BNY Mellon’s strong financial strength and client service have been important factors in the success of these financings for senior living communities,” said Charles B. Brewer CEO of SQLC.
“SQLC continues to meet the challenges of obtaining financing to develop communities for the expanding population of aging Americans,” said Antonio Portuondo, head of BNY Mellon Corporate Trust’s public and not-for-profit business. “We are committed to representing the interests of issuers, obligors and investors, which enhances the ability of our clients to access a broad range of investors.”
The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally.
Finally, Shares of Companhia Siderurgica Nacional (ADR) (NYSE:SID), ended its last trade with 0.79% gain, and closed at $1.28.
Companhia Siderurgica Nacional, declares its results for the third quarter of 2015 (3Q15):
- EBITDA amounted to R$853 million in 3Q15, 6% higher than the previous quarter.
- Record iron ore production at Casa de Pedra, totaling 7.46 million tonnes.
- Casa de Pedra recorded delivered cost at China of US$ 35.4/wmt.
- CSN maintains stable FOB iron ore revenue, despite the reduction in the Platts price during 3Q15.
- Mining division EBITDA margin of 42%, the highest since 1Q14.
- Mining EBITDA improvements by 74% in 3Q15 over 2Q15.
- CSN reports a greater share of coated products in the flat steel sales mix (52% of total flat steel sales).
- CSN reduces 3Q15 slab production costs in USD and BRL terms.
Companhia Siderúrgica Nacional produces steel. The company operates through five segments counting steel, mining, cement, logistics, and energy. The company primarily produces carbon steel and various steel products for the distribution, packaging, automotive, home appliance, and construction industries.