During Tuesday’s current trade, Youku Tudou Inc (ADR) (NYSE:YOKU)’s shares incline 1.62% to $28.46.
Youku Tudou Inc (ADR) (YOKU) has partnered with Disney to be the exclusive online movie marketing platform in China for its Marvel collection of movies and TV series. This cooperation will see the popularity of Disney’s Marvel brand and Youku Tudou’s position as the #1 online video platform to drive online marketing through promotion of trailers, online ticketing, live events and original programming dedicated to silver screen movies.
Youku Tudou’s strength as the leading online movie marketing platform in China comes from its market position. Leveraging its 500 million unique monthly users across screens, marketing efforts are able to disseminate across Youku Tudou’s media and entertainment ecosystem resulting in greater audience impact than traditional offline movie advertising. Disney and Marvel titles resonate with Youku Tudou’s audience with over 530 million cumulative views of titles across movies, television series, trailers, Youku Tudou original productions, and live-streaming.
Youku Tudou Inc. operates as an Internet television company in the People’s Republic of China. Its Internet television platform enables users to search, view, and share video content across various devices. The company’s services for users comprise online video content library comprising primarily of professionally produced content, counting television serial dramas, movies, current event reports, variety shows, and music videos.
Realty Income Corp (NYSE:O)‘s shares drop -1.01% to $45.03, during the current trading session Tuesday’s, hitting its highest level.
Realty Income Corporation (O), The Monthly Dividend Company®, recently declared its Board of Directors has declared an enhance in the company’s common stock monthly cash dividend to $0.19 per share from $0.1895 per share. The dividend is payable on July 15, 2015 to shareholders of record as of July 1, 2015. This is the 81st dividend enhance since Realty Income’s listing on the NYSE in 1994. The new monthly dividend amount represents an annualized dividend amount of $2.28 per share as contrast to the previous annualized dividend amount of $2.274 per share.
The Board of Directors also declared a dividend on the company’s Monthly Income Class F preferred stock. The monthly dividend amount of $0.138021 on the Class F preferred shares is payable on July 15, 2015 to shareholders of record as of July 1, 2015. The annualized dividend amount for the Class F preferred shares is $1.65625 per share.
Realty Income Corporation is a publicly traded real estate investment trust. It invests in the real estate markets of the United States. The firm makes investments in commercial real estate. Realty Income Corporation was founded in 1969 and is based in Escondido, California.
In an afternoon trade, Gentex Corporation (NASDAQ:GNTX)‘s shares surge 1.29% to $17.26.
Gentex Corporation (GNTX) the Zeeland, Michigan-based manufacturer of automotive automatic-dimming rearview mirrors, automotive electronics, dimmable aircraft windows, and fire protection products, recently stated that its Board Of Directors approved an enhance in its quarterly cash dividend to $0.085 per share. The Board subsequently declared a quarterly cash dividend of $0.085 per share that will be payable July 17, 2015, to shareholders of record of the common stock at the close of business on July 7, 2015.
Gentex Corporation designs, develops, manufactures, and markets automatic-dimming rearview mirrors and electronics for the automotive industry; dimmable aircraft windows for the aviation industry; and commercial smoke alarms and signaling devices for the fire protection industry worldwide.
American Electric Power Company Inc (NYSE:AEP), during its Tuesday’s current trading session -1.59% loss and closed at $53.38.
Affiliates of American Electric Power (AEP), Berkshire Hathaway Energy, Duke Energy (DUK), Edison International (EIX), Eversource Energy (ES), Exelon (EXC), Great Plains Energy (GXP), and Southern Company (SO) have signed a memorandum of understanding to pursue development of Grid Assurance™, a limited liability company that expects to offer subscribers cost-effective solutions for enhancing grid resiliency and protecting customers from prolonged transmission outages.
As proposed, Grid Assurance will own and provide subscribers with timely access to an inventory of emergency spare transmission equipment that can otherwise take months to acquire. Grid Assurance filed a petition with the Federal Energy Regulatory Commission (FERC) late yesterday seeking confirmation that this service can be part of a transmission-owning entity’s strategy to effectively address grid resiliency mandates. Grid Assurance will not be FERC regulated, but plans to charge cost-based subscription fees, similar to FERC-regulated transmission formula rates. Cost-based subscription fees are expected to facilitate subscribers’ ability to recover expenses.
Restoration of the transmission grid can be hampered by long lead times required to design, build and deliver critical replacement equipment including large transformers, circuit breakers and other specialized electrical equipment. As proposed, Grid Assurance will be more cost-effective than companies independently securing emergency spare equipment for high-impact, low-frequency events due to economies of scale, diversification and improved logistics.
American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The company generates electricity using coal and lignite, natural gas, nuclear, and hydroelectric and other energy sources.
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