During Tuesday’s current trade, SunEdison, Inc. (NYSE:SUNE)’s shares lost -0.98%, to $30.36.
SunEdison, declared that it has been awarded contracts to build 33 megawatts (MW) DC of rooftop solar with Southern California Edison (SCE) in the utility company’s latest round of solar procurement. The solar systems will be built on rooftops throughout the Orange County and Inland Empire industrial corridors as part of SCE’s plan to upgrade and modernize the grid for customers in densely populated metro areas and reduce power interruptions during periods of peak demand. The agreements were awarded to SunEdison during SCE’s fourth request for offers under the utility company’s Solar Photovoltaic Program. SunEdison is the only company to win projects in all four rounds of the program.
Southern California Edison, an electric utility that serves more than 14 million residential, commercial, and industrial customers, will purchase the electricity from 17 rooftop solar systems through 20-year power purchase agreements (PPA).
SunEdison, Inc. develops, manufactures, and sells silicon wafers to the semiconductor industry. The company operates through three segments: Solar Energy, TerraForm Power, and Semiconductor Materials.
The Procter & Gamble Company (NYSE:PG)’s shares lost -0.89% to $79.24, during the current trading session Tuesday.
The Procter & Gamble Company, is selling its Frederic Fekkai salon business for an unrevealed amount as it continues to divest smaller and underperforming brands, according to Bloomberg.
Designer Parfums and LUXE Brands will buy the high-end line of hair products and salons, with the transaction to close June 30, the companies said in a statement Thursday.
Chief Executive Officer A.G. Lafley is exiting as many as 100 brands to focus on boosting sales of core items like Pantene shampoo and Olay moisturizer. He’s also working to cut costs as the world’s largest consumer-products maker copes with new competitors and a strong dollar that’s sapped overseas sales. Bloomberg Reports.
The Procter & Gamble Company, together with its auxiliaries, manufactures and sells branded consumer packaged goods. The company operates through five segments: Beauty; Grooming; Health Care; Fabric Care and Home Care; and Baby, Feminine and Family Care.
In an Afternoon trade, The Home Depot, Inc. (NYSE:HD)’s shares lost -1.09%, to $110.94.
On May 19, The Home Depot stated sales of $20.9 billion for the first quarter of fiscal 2015, a 6.1 percent enhance from the first quarter of fiscal 2014. Comparable store sales for the first quarter of fiscal 2015 were positive 6.1 percent, and comp sales for U.S. stores were positive 7.1 percent.
Net earnings for the first quarter of fiscal 2015 were $1.6 billion , or $1.21 per diluted share, contrast with net earnings of $1.4 billion , or $1.00 per diluted share, in the same period of fiscal 2014. For the first quarter of fiscal 2015, diluted earnings per share raised 21.0 percent from the same period in the preceding year.
First quarter of fiscal 2015 results reflect a benefit to earnings of $71 million , or $0.05 per diluted share, primarily attributable to the settlement of a tax audit.
The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, in addition to provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me, and professional customers.
CVS Health Corporation (NYSE:CVS), during its Tuesday’s current trading session lost -0.93% to $102.98.
CVS Health Corp. will probably win approval from antitrust officials to buy nursing-home pharmacy company Omnicare Inc., according to lawyers and equity analysts, even after regulators stood against Omnicare’s bid for PharMerica Corp. in 2012, according to Bloomberg.
CVS and Omnicare don’t compete directly, which will ease the competition review, though regulators will likely scrutinize the increased buying power CVS will gain with more customers, said Amanda Wait, an antitrust lawyer at Hunton & Williams LLP in Washington. Bloomberg Reports.
CVS Health Corporation, together with its auxiliaries, provides integrated pharmacy health care services in the United States. The company operates through Pharmacy Services and Retail Pharmacy segments.
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