On Monday, in the course of current trade, Shares of Clean Energy Fuels Corp (NASDAQ:CLNE), climbed 2.32%, and is now trading at $5.29.
Clean Energy Fuels Corp., declared that it will construct new compressed natural gas (CNG) stations for Arlington Transit (ART) in Arlington County, Virginia; Nassau Inter-County Express (NICE) in Long Island, NY; and North Kansas City (MO) School District, which is set to become the largest school district in the U.S. to transition its school bus fleet to CNG.
“Despite lower oil prices, Clean Energy continues to add fueling partnerships across all our transportation markets,” said Andrew J. Littlefair, president and CEO of Clean Energy. “No matter if they are with a school district, municipality or trucking company, managers of large fleets are looking for a cleaner fuel that reliably costs less and does not have volatile price swings. Natural gas continues to meet their needs.”
Additional agreements across transportation market segments of transit, refuse, trucking and the bulk fuel market were also announced.
Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets in the United States and Canada. It designs, builds, operates, and maintains fueling stations; and supplies compressed natural gas (CNG) fuel for light, medium, and heavy-duty vehicles, as well as liquefied natural gas (LNG) fuel for medium and heavy-duty vehicles.
During an Afternoon trade, Shares of Forest City Enterprises, Inc. (NYSE:FCE.A), dipped -0.19%, and is now trading at $21.54.
Forest City Enterprises, declared Operating FFO, FFO, net earnings/loss and revenues for the three and six months ended June 30, 2015.
Operating FFO
Operating FFO for the three months ended June 30, 2015 was $78.6 million, a 31 percent increase, compared with $60.2 million for the three months ended June 30, 2014. For the six months ended June 30, 2015, Operating FFO was $137.0 million, a 26 percent increase, compared with $108.7 million for the six months ended June 30, 2014.
Positive factors impacting second-quarter 2015 Operating FFO, compared with the second quarter of 2014, included decreased interest expense, both corporate and in the mature portfolio, of $7.3 million; increased net operating income (NOI) from the mature portfolio of $5.1 million; increased capitalized interest to active development projects of $4.4 million; increased Operating FFO from new property openings and acquisitions of $3.6 million; increased Operating FFO from military housing of $3.5 million, primarily related to incentives earned for a recently completed Navy development phase; and increased land sales at the company’s Stapleton project in Denver of $1.5 million. These positive factors were partially offset by lower Operating FFO from properties sold of $3.1 million, and by reduced Operating FFO from other sources of $3.9 million, primarily related to a non-recurring 2014 legal settlement recovery.
Forest City Enterprises, Inc. acquires, owns, develops, and manages commercial and residential real estate and land in the United States. The company’s Commercial group acquires, owns, develops, and operates regional malls, specialty/urban retail centers, office and life science buildings, and mixed-use projects, as well as operates Barclays Center, a sports and entertainment arena located in Brooklyn, New York.
Shares of Aetna Inc (NYSE:AET), during its Friday’s current trading session fell -0.15%, and is now trading at $116.69.
A special meeting of shareholders of Aetna to approve the issuance of Aetna common shares to Humana Inc. stockholders in connection with Aetna’s acquisition of Humana and to approve the adjournment of the special meeting of shareholders if necessary to solicit additional proxies will occur on Monday, October 19, 2015. The special shareholders meeting will be held at 1:30 p.m. ET at the Hilton Garden Inn, 85 Glastonbury Blvd., Glastonbury, Conn. The record date for determination of shareholders entitled to vote at the special meeting will be the close of business on September 16, 2015.
Aetna Inc. operates as a health care benefits company in the United States. It operates through three segments: Health Care, Group Insurance, and Large Case Pensions. The Health Care segment offers medical, pharmacy benefit management services, dental, behavioral health, and vision plans on an insured basis, and an employer-funded or administrative basis.
Finally, Werner Enterprises, Inc. (NASDAQ:WERN), gained 0.19% Friday.
Werner Enterprises, declared the following management changes after its Board of Directors meeting on August 27, 2015.
As Werner Enterprises continues to develop its talented management team, Greg Werner has decided this is the perfect time to retire as Chief Executive Officer. Accordingly, the Board of Directors elected founder and Chairman C.L. Werner as Chief Executive Officer. Going forward, C.L. plans to groom existing President and Chief Operating Officer, Derek Leathers, for an even larger role in the company.
While Greg Werner will be transitioning out of the day to day responsibilities that come with the role of CEO, he will remain on the Board of Directors. As a Board member and significant shareholder, Greg will continue to provide his expertise for the Company’s expected future growth. Greg started in the business by assisting with mechanical work in the shop as a teenager. Over the next 40 years he moved up through a variety of positions, from dispatcher, VP of IT, President, and ultimately to CEO. Greg has been Werner’s Chief Executive Officer since 2007.
Werner Enterprises, Inc., a transportation and logistics company, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce. The company operates in two segments, Truckload Transportation Services and Value Added Services.
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