On Wednesday, HMS Holdings Corp (NASDAQ:HMSY)’s shares declined -5.55% to $0.441.
Yingli Green Energy Holding Company Limited (YGE), one of the world’s leading solar panel manufacturers, declared that its holding partner, Yingli Energy Company Limited has reached a contract with CFC Group Construction Limited (“CFC Construction”) to supply 170 megawatts (MW) of solar panels for utility-scale power plants in China’s Hebei province. It is Yingli’s largest solar panel supply agreement to date in China.
According to the agreement, Yingli will deliver over 650,000 multicrystalline YGE Series solar panels to CFC Construction during the third quarter and fourth quarter of 2015. The panels will be installed in power plants located in the city of Zhangjiakou, one of Hebei province’s largest municipalities. Once operational, the panels are predictable to generate more than 200,000 megawatt-hours of clean energy, offsetting about 120,000 tons of carbon emissions.
Zhangjiakou is an ideal location for the development of solar power plants due to its abundant solar resources, large industrial base, and high demand for electricity, so it was selected by China’s State Council to be the site of the country’s first renewable energy pilot zone. Zhangjiakou also recently won the rights to host the 2022 Winter Olympic Games together with Beijing, and these new solar power plants will assist provide clean solar power for a green, low-carbon Olympics.
Yingli Green Energy Holding Company Limited, together with its subsidiaries, designs, develops, markets, manufactures, sells, and installs photovoltaic (PV) products in the People’s Republic of China and internationally.
Leucadia National Corp. (NYSE:LUK)’s shares dropped -0.49% to $20.16.
As declared in January, Leucadia National Corporation (LUK) will host an investor meeting on Thursday, October 8, 2015, from 9:00 a.m. to 5:00 p.m. in Manhattan. The meeting will comprise in-person administration presentations from Richard B. Handler, our Chief Executive Officer, Brian P. Friedman, our President, various members of our executive team, and the leaders of our auxiliaries and investee companies. We will also provide an opportunity to present questions to administration. The Investor Day Agenda is attached.
Leucadia National Corporation, through its partner, Jefferies Group LLC, primarily operates in the investment banking and capital markets sector. Leucadia National Corporation also owns and holds investments in various other businesses, counting beef processing, manufacturing, energy projects, asset administration, and real estate.
At the end of Wednesday’s trade, HMS Holdings Corp (NASDAQ:HMSY)‘s shares dipped -3.87% to $9.18.
HMS, Inc., (“HMS”) a wholly owned partner of HMS Holdings Corp. (HMSY), declared that its Dependent Eligibility Verification Audits have received an exclusive endorsement from the American Hospital Association (AHA) for the second time.
AHA Solutions, Inc., a partner of the AHA, awards endorsements to products and services that assist member hospitals and healthcare organizations achieve operational excellence.
On average, 4% to 8% of dependents on an employer’s health insurance plan — and an even larger percentage for hospital employers — are ineligible for coverage. This represents a noteworthy unnecessary health care expense for self-insured employers — and potential savings if prevented. Dependent Eligibility Verification Audits from HMS assist hospitals ensure that only eligible individuals are enrolled in the hospital’s health plan.
HMS Holdings Corp., through its auxiliaries, provides healthcare insurance benefit cost containment services in the United States. The company’s coordination of benefits services provide cost avoidance services that offer validated insurance coverage information, which is used by government-sponsored payers to coordinate benefits for incoming claims; payment integrity services to identify improper payments on a pre-payment and post-payment basis, identify and recover overpayments, detect and prevent fraud and abuse, and identify process improvements; and eligibility verification services comprising asset and income verification, premium assistance, dependent eligibility audits, and other verification solutions.
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