On Thursday, Shares of Dynegy Inc. (NYSE:DYN), lost -0.04% to $24.85.
Dynegy Inc., stated its results from the PJM transition auction for the 2017/2018 delivery year. The transition auction cleared at $151.50 per megawatt-day. Dynegy cleared and converted 6,508 MW from the existing base product to the Capacity Performance (CP) product counting 471 MW to be imported into PJM from the Company’s IPH segment assets located in MISO. Based on the transition auction clearing price and the remaining base capacity product, PJM Capacity revenues for planning year 2017/2018 total $534 million representing an improvement of $75 million over the formerly cleared volumes.
PJM has now concluded the transition auctions for planning years 2016/2017 and 2017/2018 and the capacity auction for planning year 2018/2019. For the three forthcoming planning years, Dynegy cleared volumes in these PJM auctions that will provide capacity revenues in excess of $1.6 billion before consideration of potential performance bonuses or penalties.
Dynegy Inc., through its auxiliaries, produces and sells electric energy, capacity, and ancillary services in the United States. It operates in three segments, Coal, IPH, and Gas. The company sells its services on a wholesale basis from its power generation facilities.
Shares of Videocon d2h Limited American Depositary Shares (NASDAQ:VDTH), declined -5.20% to $10.20, during its last trading session.
Videocon d2h Limited, has offered guidance for the full fiscal year ending March 31, 2016 in terms of EBITDA. The company anticipates fiscal 2016 EBITDA to be in the range of INR 8.2 billion – INR 8.6 billion. This translates to about 35-40% growth over EBITDA in the fiscal year ended March 31, 2015. Videocon d2h maintains its current first half of the fiscal year ending March 31, 2016 guidance of 25-30% period on period growth of EBITDA, and is guiding towards 40-45% period on period growth in the second half of the fiscal year ending March 31, 2016.
Commenting on this, Executive Chairman, Saurabh Dhoot said “We are happy to provide strong EBITDA growth guidance for fiscal year 2016. This is driven by strong subscriber growth momentum, improving ARPU and further benefit of operating leverage. We remain excited about our long term subscriber growth prospects as a result of the government mandated move to digitalization. We have positioned ourselves to take advantage of the 100 million subscriber homes opportunity for the industry over the next four to five years.”
Videocon d2h Limited provides direct-to-home subscription television services to subscribers under the Videocon d2h brand in India. The company distributes various digital television channels, and allied video and audio services to subscribers via direct satellite feeds.
At the end of Thursday’s trade, Shares of Marriott International Inc (NASDAQ:MAR), gained 1.52% to $72.27.
In anticipation of one of the biggest events in the history of the NFL, Marriott International is changing the game for lucky fans with an epic season long Super Bowl 50 campaign. Courtyard, the Official Hotel of the NFL for the past four years, is adding to its tradition of unique NFL experiences by hosting the world’s first Super Bowl “Suite Stadium Contest” sleepover in Levi’s Stadium. Marriott Rewards, the company’s award-winning loyalty program, launches its “50 to 50” campaign that comprises a sweepstakes which gives members in three countries a once-in-a-lifetime chance to take a group of 50 of their friends and family to attend the game and enjoy an exclusive VIP Super Bowl 50 weekend in the San Francisco Bay area.
“The NFL is the powerhouse of professional sports, and our long-standing sponsorship gives us an opportunity to tap into a passionate group of travelers, bringing the breadth and depth of our brand offerings to fans,” said Karin Timpone, Global Marketing Officer, Marriott International. “Similar to our relationships with global leaders in the music and entertainment industry, our NFL sponsorship represents the company’s ongoing effort to bring exclusive and memorable experiences for our guests and the 52 million members of our Marriott Rewards program.”
Marriott International, Inc. operates, franchises, and licenses hotels and timeshare properties worldwide. It operates through three segments: North American Full-Service, North American Limited-Service, and International.
Finally, LinkedIn Corp (NYSE:LNKD), ended its last trade with 3.42% gain, and closed at $193.03.
LinkedIn Corporation, declared the launch of a new quarterly series, LinkedIn Lists, which celebrates different types of members and companies that are doing extraordinary work and transforming their fields.
The first list in the series focuses on the LinkedIn Next Wave, which spotlights the top 150 professionals across 15 industries — all 35 and under. Like all of LinkedIn’s content efforts, the Next Wave derived from a partnership between editors and algorithms: How can the data assist find the leaders you may not know about — but should. We also asked LinkedIn Influencers, ~500 top minds in business who write and share on LinkedIn, for their recommendations.
“Our aim is to make the world’s professionally relevant news and knowledge accessible through LinkedIn,” says Dan Roth, executive editor, LinkedIn. “One of the ways we do that is by finding the people and companies who are making news and spreading knowledge. The Next Wavers are setting trends, creating innovative ways to tackle problems, and establishing themselves as the leaders others want to follow.”
LinkedIn Corporation, together with its auxiliaries, operates an online professional network worldwide. The company, through its proprietary platform, allows members to create, manage, and share their professional identity online; build and engage with their professional networks; access shared knowledge and insights; and find business opportunities.
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