During Tuesday’s current trade, CNH Industrial NV (NYSE:CNHI)’s shares decline -1.48% to $9.34.
CNH Industrial NV (CNHI) declared its wholly owned partner, CNH Industrial Capital LLC, plans to offer new notes, subject to market conditions. The notes will be guaranteed by CNH Industrial Capital America LLC and New Holland Credit Company, LLC, each a wholly owned partner of CNH Industrial Capital LLC. CNH Industrial Capital LLC is the North American arm of CNH Industrial’s global financial services business.
CNH Industrial Capital LLC intends to use the net proceeds from the issuance of the notes for working capital and other general corporate purposes, counting, among other things, the purchase of receivables or other assets. The net proceeds may also be applied to repay CNH Industrial Capital LLC’s indebtedness as it becomes due.
CNH Industrial N.V. designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, buses, and specialty vehicles, engines, transmissions, and axles worldwide. The Agricultural Equipment segment provides farm machinery and implements, counting two-wheel and four-wheel drive tractors, crawler tractors, combines, cotton pickers, grape and sugar cane harvesters, hay and forage equipment, planting and seeding equipment, soil preparation and cultivation implements, and material handling equipment.
Pattern Energy Group Inc (NASDAQ:PEGI)‘s shares drop -0.87% to $30.66, during the current trading session Tuesday’s, hitting its highest level.
Pattern Energy Group Inc (PEGI) declared it has closed the formerly declared acquisition of a one-third interest in the 270 megawatt (MW) K2 Wind Power Facility in Ontario from Pattern Energy Group LP (“Pattern Development”). Pattern Energy will hold a 33% equity interest in the facility, which is equally co-owned by Samsung Renewable Energy, Inc. and Capital Power LP.
One of the largest wind power facilities in Canada, the 270 MW K2 Wind has the capacity to generate clean energy for about 100,000 Ontario homes annually. Located in the Township of Ashfield-Colborne-Wawanosh (ACW) in southwestern Ontario, K2 Wind is comprised of 140 Siemens 2.3 MW wind turbines and operates under a 20-year PPA with the Independent Electricity System Operator (IESO).
The acquisition of K2 Wind expands Pattern Energy’s operations in Canada to four wind power facilities.
Pattern Energy Group Inc., an independent power company, owns and operates power projects in the United States, Canada, and Chile. As of March 2, 2015, the company owned interests in 12 wind power projects with the capacity of 1,636 megawatts. It sells electricity primarily to local utilities. Pattern Energy Group Inc. was founded in 2012 and is headquartered in San Francisco, California.
In an afternoon trade, United Microelectronics Corp (ADR) (NYSE:UMC)‘s shares shows no change to $2.10.
United Microelectronics Corp (ADR) (UMC) declared it has collaborated with ARM to tape out a process qualification vehicle (PQV) test chip on UMC’s 14nm FinFET technology to assist validate an ARM Cortex-A family core on the advanced foundry process node. The 14nm cooperation expands on the two companies’ successful effort to develop and offer ARM Artisan® Physical IP on UMC’s volume production 28nm High-K/Metal Gate process.
The validation of the UMC 14nm FinFET process technology kickstarts the enablement process for the rest of IP ecosystem needed for UMC’s FinFET technology, counting the need for foundation IP and ARM processor physical design.
United Microelectronics Corporation provides semiconductor wafer foundry solutions. Its foundry solutions comprise silicon verification, libraries and IP, design verification, design for manufacturing, MM/RF foundry design kit and design support manual, and design flow reference, in addition to mask services, such as mask inspection, IP protection and data preparation, and tape-out status tracking.
ADT Corp (NYSE:ADT), during its Tuesday’s current trading session -2.44% loss and closed at $36.02.
ADT Corp (ADT) declared it will be a sponsor for the U.S. Chamber of Commerce’s 11th annual America’s Small Business Summit, which will bring together hundreds of small business owners, managers, and local chamber leaders from across the country. As a summit event partner, ADT will assist provide attendees with opportunities to learn, network, and take part in a variety of thought-provoking sessions on leadership, innovation, and small business policy.
ADT will also sponsor the corporate headshots for small businesses at the summit. In this capacity, ADT will be empowering the small business owners in attendance to have professional materials created for their business cards, website materials and outbound marketing activities. Additionally, ADT Chief Information Security Officer Tom Dennison will be presenting on a panel called “Don’t Get Hacked! Cybersecurity on a Shoestring Budget,” a panel that will provide insights for small business customers in terms of how to protect against potential cybersecurity threats.
The ADT Corporation provides monitored security, interactive home and business automation, and related monitoring services in the United States and Canada. The company’s monitored security and home/business automation offerings comprise the installation and monitoring of residential and business security, and premises automation systems designed to detect intrusion, control access and react to movement, smoke, carbon monoxide, flooding, temperature, and other environmental conditions and hazards, in addition to address personal emergencies, such as injuries, medical emergencies, or incapacitation.
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