During Tuesday’s Morning trade, Shares of Royal Dutch Shell plc (ADR) (NYSE:RDS.A), gained 1.63% to $50.03.
Royal Dutch Shell plc, declared the Reference Share Price in respect of the third quarter interim dividend of 2015, which was declared on October 29, 2015 at $0.47 per A ordinary share (“A Share”) and B ordinary share (“B Share”) and $0.94 per American Depository Share (“ADS”).
Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids.
Shares of PPL Corp (NYSE:PPL), declined -1.24% to $33.55, during its current trading session.
The PPL Electric Utilities delivery rate improvement approved Thursday (11/19) by the Pennsylvania Public Utility Commission paves the way for customers to have even more reliable electric service.
Average customer electric bills are predictable to be lower – even after the improvement – because of a recent reduction in the price to compare.
“We are in the midst of monumental improvements in the quality of service for our customers,” said Greg Dudkin, PPL Electric Utilities president. “We have plans to reduce the number and duration of power outages even further, providing our customers with reliability that compares to the best electric companies in the nation.”
When the delivery charge improvement approved by the PUC takes effect, a residential customer using 1,000 kilowatt-hours per month who does not shop for electricity supply would have an electric bill of about $138 per month – more than $9 lower than the current average bill of about $147.
PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. It serves 321,000 natural gas and 397,000 electric customers in Louisville and 16 surrounding counties; and 543,000 customers in 77 Kentucky counties and 5 counties in Virginia.
Finally, Shares of Bank of New York Mellon Corp (NYSE:BK), lost -0.32%, and is now trading at $43.53.
Bank of New York Mellon Corp, has been designated by Anglo American plc as depositary bank for its sponsored American depositary receipt (ADR) program, replacing a formerly unsponsored facility. The ADRs will continue to trade on the U.S. over-the-counter market under the new symbol ‘NGLOY.’
Based in the United Kingdom, Anglo American is engaged in the exploration, mining, processing and smelting of platinum, diamonds, iron ore, coal, copper, nickel and zinc. The company’s predominant focus is on precious metals and minerals (platinum and diamonds) with a portfolio of businesses that comprises base metals (copper and nickel) and bulk commodities (iron ore, metallurgical coal and thermal coal). Anglo American’s operations and pipeline of projects are located in southern Africa, South America, Australia, North America and Asia.
“Converting to a sponsored ADR program will facilitate investment in Anglo American from U.S. investors in response to demand for such a facility, while serving to further broaden our shareholder base over the long term,” said Rene Medori, finance director from Anglo American.
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.