During Monday’s Current trade, Shares of Trimble Navigation Limited (NASDAQ:TRMB), gain 0.17% to $23.66.
Trimble Navigation Limited (TRMB) declared that SITECH® Technology Dealer for Western Canada is now serving contractors in Saskatchewan. SITECH Western Canada is part of the premier network of SITECH dealerships—the first fully dedicated global distribution network offering the most comprehensive portfolio of construction technology systems accessible to the heavy and highway contractor.
SITECH Technology Dealers represent Trimble® and Caterpillar® machine control systems for the contractor’s entire fleet of heavy equipment regardless of machine brand, together with Trimble’s portfolio of Connected Site® solutions—site positioning systems, construction asset administration services, software and powerful wireless and Internet-based site communications infrastructure.
Trimble Navigation Limited provides technology solutions to enhance the work processes of office and mobile field professionals worldwide. The company’s Engineering and Construction segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software; BIM software for design, construction, and maintenance; integrated site layout and measurement systems; application products; integrated workplace administration services software; capital program and facility administration solutions; and field based data collection systems and software, communications systems, and back-office software.
Shares of Fulton Financial Corp (NASDAQ:FULT), declined -0.57% to $12.98, during its current trading session.
The Board of Directors of Fulton Financial Corporation (FULT) has declared a quarterly cash dividend of nine cents per share on its common stock, payable on July 15, 2015 to shareholders of record as of July 1, 2015.
Fulton Financial Corporation, a $17.4 billion Lancaster, Pa.-based financial holding company, has about 3,700 employees and operates more than 240 branches in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through six partner banks.
Fulton Financial Corporation operates as a multi-bank financial holding company that provides a range of banking and financial services to businesses and consumers. It offers personal banking services that comprise various checking account and savings deposit products, certificates of deposit, and individual retirement accounts.
Tenet Healthcare Corp (NYSE:THC), during its Monday’s current trading session gained 0.88% to $59.94.
Tenet Healthcare Corporation (THC) has accomplished its formerly declared joint venture transaction with Welsh, Carson, Anderson & Stowe that combines the short-stay surgery and imaging center assets of Tenet and United Surgical Partners International (“USPI”) to create the leading U.S. short-stay surgery platform.
As contemplated in the original agreement declared on March 23, 2015, Tenet contributed its interest in 49 ambulatory surgery centers and 20 imaging centers to the joint venture and refinanced about $1.5 billion of existing USPI debt, which will be allocated to the joint venture through an intercompany loan. Tenet also made an about $404 million payment to pre-existing USPI shareholders to align the respective valuations of the assets contributed to the joint venture. Tenet owns 50.1% of the new USPI and will consolidate USPI’s financial results. Welsh Carson and the other existing shareholders in USPI own the remaining 49.9%. A pre-determined put-call structure provides a path to full ownership of USPI by Tenet over the next five years. Bill Wilcox will continue to lead USPI as chief executive officer and Brett Brodnax, president and chief development officer of USPI, will lead the company’s strategy and growth efforts. Kyle Burtnett, senior vice president for outpatient services at Tenet, will join USPI as president of ambulatory services and take on the additional role of chief integration officer for the new venture.
Tenet Healthcare Corporation, a healthcare services company, primarily operates acute care hospitals and related healthcare facilities in the United States. It operates through two segments, Hospital Operations and Other, and Conifer. The company’s general hospitals offer acute care services, operating and recovery rooms, radiology services, respiratory therapy services, clinical laboratories, and pharmacies.
Finally, WEC Energy Group Inc (NYSE:WEC), decreased -0.58%, to $46.38.
Wisconsin Energy Corporation declared recently it has accomplished the acquisition of Integrys Energy – forming the WEC Energy Group (WEC) and reiterated its dividend declaration to shareholders.
On June 12, the board declared a pro rata dividend of $0.00459239 a share per day that accrued from May 15, 2015, through June 28, 2015, one day prior to the closing of the acquisition. This pro rata dividend – which covers 45 days — is the daily equivalent of the current quarterly dividend rate of $0.4225 a share.
As a result, Wisconsin Energy shareholders of record on June 28 will receive a payment of $0.20665755 a share, payable within the next 10 days.
The board had also declared a pro rata dividend of $0.00497283 a share per day (the daily equivalent of $0.4575 per quarter) that will accrue from June 29 through Aug. 14, 2015, which is Wisconsin Energy’s normal record date. This pro rata dividend will be paid on Sept. 1, 2015, to Wisconsin Energy shareholders of record on Aug. 14, 2015.
Wisconsin Energy Corporation, through its auxiliaries, generates and distributes electric energy. The company operates in two segments, Utility Energy and Non-Utility Energy. It generates electricity from coal, natural gas, oil, hydroelectric, wind, and biomass. The company provides electric utility services to customers in the paper, foundry, food products, and machinery production industries, in addition to the retail chains. It also provides retail gas distribution services in the state of Wisconsin, in addition to transports customer-owned gas to paper, food products, and fabricated metal products industries; and generates, distributes, and sells steam. As of December 31, 2014, the company serves about 1,133,600 electric customers in Wisconsin and the Upper Peninsula of Michigan; and about 1,089,000 gas customers in Wisconsin, in addition to 440 steam customers in metropolitan Milwaukee, Wisconsin .
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