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Sunday 20 September 2015
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News Report on: American Water Operates Company Inc (NYSE:AWK), Golar LNG Limited (USA) (NASDAQ:GLNG), Cree, Inc. (NASDAQ:CREE), Hasbro, Inc. (NASDAQ:HAS)

On Monday, American Water Operates Company Inc (NYSE:AWK)’s shares inclined 0.56% to $52.24.

American Water Works Company Inc (AWK) has reached a Purchase Agreement to acquire the operating assets from Adams Ranch Mutual Water Company and assume the provision of water service within the Adams Ranch Mutual Water Company service area in Rosemead, Calif.

Adams Ranch Mutual Water Company serves residential connections and one commercial connection. The entire system is served by one well built in 2001 together with an interconnection with California American Water.

The purchase of the water system will add about 176 metered customer connections to California American Water’s customer base in the Los Angeles region. California American Water presently supplies water service to more than 28,000 homes and businesses in the Los Angeles County District.

Adams Ranch customers will be served by staff that comprises water treatment and distribution operators who are experts in their fields and hold water and waste water treatment and distribution certifications through the California Department of Public Health.

American Water Works Company, Inc., through its auxiliaries, provides water and wastewater services in the United States and Canada. The company operates through two segments, Regulated Businesses and Market-Based Operations. The Regulated Businesses segment offers water and wastewater services to about 1,600 communities in 16 states.

Golar LNG Limited (USA) (NASDAQ:GLNG)’s shares dropped -3.44% to $34.25.

Dynagas Ltd. GasLog Ltd. (“GLOG) and Golar LNG Ltd (“GLNG) jointly declare that they have reached an LNG carrier pooling agreement (the “LNG Carrier Pool”) to market their vessels, which are presently operating in the LNG shipping spot market.

The LNG Carrier Pool allows the participating owners to optimise the operation of the pool vessels through improved scheduling ability, cost efficiencies and common marketing. The objective of the LNG Carrier Pool is to serve the transportation requirements of a rapidly growing LNG shipping market by providing customers with reliable, more flexible, and innovative solutions to meet their increasingly complex shipping requirements.

Golar LNG Limited, a midstream liquefied natural gas (LNG) company, engages in the transportation, regasification, liquefaction, and trading of LNG. The company operates in three segments: Vessel Operations, LNG Trading, and FLNG. It is involved in the acquisition, ownership, operation, and chartering of LNG carriers and floating storage regasification units (FSRUs); and the development of LNG projects. As of August 18, 2015, the company, together with the fleet held by Golar LNG Partner LP, owned and managed 26 LNG carriers and FSRUs. Golar LNG Limited was founded in 1946 and is headquartered in Hamilton, Bermuda.

At the end of Monday’s trade, Cree, Inc. (NASDAQ:CREE)‘s shares dipped -1.96% to $26.06.

As the number of consumers buying LED bulbs continues to enhance, the quality of their experience becomes even more important. The most important characteristics of LED bulbs are light quality, longevity and, of course, energy efficiency. Despite this, some manufacturers seeking to cash-in on the technology’s popularity are driving LED bulbs to CFL-like performance, lifetimes and light quality. In contrast, recently, Cree, Inc. (Nasdaq: CREE) introduces a better LED bulb. Unlike compromised bulbs, the new Cree LED® bulb delivers an even better light with better performance, a longer life and more energy savings.

In keeping with Cree’s belief that customers should not compromise, the new Cree LED bulb is built to deliver true LED performance in color quality, light output and dimming. It has an improved longer lifetime of over 27 years (30,000 hours), lasting as much as six times longer than some LED bulbs. Its proven 4Flow™ Filament Design ensures that it looks and lights like a traditional incandescent. The new bulb also provides consumers with a higher color rendering index of 83 to better display colors, true ENERGY STAR® compliant omnidirectional distribution for all-around light, and is fully dimmable with most standard dimmers and suitable for enclosed fixtures. Truly a better LED bulb, it is backed by a 100-percent satisfaction guarantee.

Cree, Inc. provides lighting-class light emitting diode (LED), lighting, and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, South Korea, Japan, Malaysia, Taiwan, and internationally. Its Lighting Products segment offers LED lighting systems and bulbs for use in settings, such as office and retail space, restaurants and hospitality, schools and universities, manufacturing, healthcare, airports, municipal, residential, street lighting and parking structures, and other applications This segment sells its products to distributors, retailers, and customers.

Hasbro, Inc. (NASDAQ:HAS), ended its Monday’s trading session with 1.08% gain, and closed at $77.58.

Hasbro, Inc. (NASDAQ:HAS), the Pawtucket School Department, and the City of Pawtucket, RI recently declared a partnership with No Bully®, a non-profit organization that trains schools how to leverage student empathy to stop bullying. With this district-wide program, made possible through the generosity of Hasbro, the city of Pawtucket takes a leadership position in the national fight against bullying. Supported by Hasbro’s long tradition of empowering children and as part of the company’s ongoing effort to promote peace and kindness, Pawtucket is the first district in New England to adopt the No Bully program department wide and declare itself a ‘Bully Free’ city.

The No Bully System®, a proactive step-by-step process and set of interventions to prevent and stop bullying in schools, will be implemented throughout the 2015-2016 school year in all 17 schools across the Pawtucket School Department.

Hasbro, Inc., together with its auxiliaries, provides children’s and family leisure time products and services worldwide. The company’s product offerings comprise various toys comprising boys’ action figures, vehicles and playsets, girls’ toys, electronic toys and games, plush products, preschool toys and infant products, electronic interactive products, creative play, and toy-related specialty products. It also offers games comprising board, off-the-board, digital, card, electronic, trading card, and role-playing games.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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