During Friday’s Current trade, Shares of Oceaneering International (NYSE:OII), lost -0.51% to $40.67.
Oceaneering International, Inc. (OII) declared the appointment of Steve Barrett as Senior Vice President, Subsea Products, with worldwide responsibility for Oceaneering’s Subsea Products segment.
Mr. Barrett started his career in the oil and gas industry in 1980. In 1982 he joined FMC Technologies, Inc., where he progressed from Design Engineer to his most recent role as Global Subsea Services Director. Steve holds a B.S. in Mechanical Engineering from Texas A&M University and an M.B.A., Finance and Entrepreneurship, from Rice University.
Oceaneering International, Inc. provides engineered services and products primarily to the offshore oil and gas industry worldwide. The company’s Remotely Operated Vehicles (ROVs) segment offers submersible vehicles for drilling support in the oil and gas industry; and subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair services.
Shares of WEC Energy Group Inc (NYSE:WEC), inclined 1.17% to $49.33, during its current trading session.
Trillium CNG™, a business unit of WEC Energy Group ( WEC), has signed a letter of agreement to design, build, operate and maintain a compressed natural gas (CNG) fueling station for the Niagara Frontier Transportation Authority (NFTA) in Buffalo, New York. NFTA is the public transit provider serving Erie and Niagara counties in New York.
The new CNG station will be located at the NFTA Frontier Bus Garage at 1000 Military Road in Buffalo. The agreement letter also calls for Trillium CNG to provide station maintenance for ten years. Trillium CNG and NFTA expect to break ground in August with the station fully operational by the end of 2015.
The NFTA operates a fleet of about 332 transit buses and 65 bus routes with over 4,400 bus stops serviced; together with a 6.2 mile light rail system servicing 14 stations.
The new CNG fueling facility will feature two 250-hp compressors, producing 700 standard cubic feet per minute, with options for up to three more. The station will allow for fueling from four dispensers.
WEC Energy Group, Inc., 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.
Zions Bancorporation (NASDAQ:ZION), during its Friday’s current trading session decreased -0.22% to $31.34.
Zions Bancorporation (ZION) declared that its board of directors declared a regular quarterly dividend of $0.06 per common share. The dividend is payable August 27, 2015 to shareholders of record on August 20, 2015. The board of directors also declared the regular cash dividends on the company’s various perpetual preferred shares. The cash dividends on the Series A, F, G, H & J shares are payable on September 15, 2015 to shareholders of record on September 1, 2015. The dividends on Series I shares were also declared and are payable on December 15, 2015 to shareholders of record on December 1, 2015.
Zions Bancorporation, a financial holding company, provides a range of banking and related services in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash administration and related products and services; and residential mortgage servicing and lending. It also provides trust and wealth administration services; limited capital markets services, counting municipal finance advisory and underwriting; and investment services. In addition, the company offers personal banking services, counting home mortgages, bankcard, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, trust services, safe deposit facilities, direct deposit, and Internet and mobile banking services.
Finally, Cummins Inc. (NYSE:CMI), gained 0.02%, to $129.82.
The Board of Directors of Cummins Inc. (CMI) approved an enhance in the Company’s quarterly cash dividend on common stock of 25 percent to 97.5 cents per share from 78 cents per share. The dividend is payable on September 1, 2015, to shareholders of record on August 21, 2015.
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates through four segments: Engine, Distribution, Components, and Power Generation. The Engine segment offers various diesel and natural gas powered engines under the Cummins and other customer brand names for the heavy-and medium-duty truck, bus, recreational vehicle, light-duty automotive, agricultural, construction, mining, marine, oil and gas, rail, and governmental equipment markets.
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