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Saturday 29 August 2015
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News Report on: Xcel Energy (NYSE:XEL), General Growth Properties (NYSE:GGP), Joy Global (NYSE:JOY), Dean Foods (NYSE:DF)

On Tuesday, Xcel Energy Inc (NYSE:XEL)’s shares declined -2.99% to $33.08.

The Board of Directors of Xcel Energy Inc. (XEL) declared a quarterly dividend on its common stock of 32 cents per share. The dividends are payable October 20, 2015, to shareholders of record on September 17, 2015.

Xcel Energy Inc., through its auxiliaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the United States. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity using coal, nuclear, natural gas, hydro, solar, biomass, oil and refuse, and wind energy sources.

General Growth Properties Inc (NYSE:GGP)’s shares dropped -3.36% to $24.92.

General Growth Properties, Inc. (GGP) stated results for the three and six months ended June 30, 2015.

Financial Results

For the Three Months Ended June 30, 2015

Comparable net operating income (Same Store NOI) raised 3.6% to $543 million from $524 million in the preceding year period.

Company earnings before interest, taxes, depreciation and amortization (Company EBITDA) raised 4.9% to $508 million from $485 million in the preceding year period.

Company funds from operations (Company FFO) per share raised 5.5% to $0.33 per diluted share from $0.31 per diluted share in the preceding year period. Company FFO raised 7.1% to $319 million from $298 million in the preceding year period.

General Growth Properties, Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It engages in owning, managing, leasing, and redeveloping high-quality regional malls. General Growth Properties, Inc is based in Chicago, Illinois.

At the end of Tuesday’s trade, Joy Global Inc. (NYSE:JOY)‘s shares surged 0.09% to $22.99.

Joy Global Inc. (JOY) declared recently that Randal W. Baker, the Company’s Executive Vice President and Chief Operating Officer, will leave the Company effective September 4, 2015 to pursue other opportunities. Mr. Baker formerly served as President of Joy Global Surface Mining Inc. from November 2009 until his appointment as Chief Operating Officer in December 2013.

Joy Global Inc. is a worldwide leader in mining equipment and services for surface and underground mining.

Joy Global Inc. manufactures and services mining equipment for the extraction of coal, copper, iron ore, oil sands, gold, and other minerals. It operates in two segments, Underground Mining Machinery and Surface Mining Equipment. The Underground Mining Machinery segment produces armored face conveyors, battery haulers, continuous chain haulage systems, continuous miners, conveyor systems, feeder breakers, flexible conveyor trains, hard rock mining products, high angle conveyors, long wall shearers, powered roof supports, road headers, roof bolters, and shuttle cars. This segment also provides equipment assemblies, services, repairs, rebuilds, parts, enhancement kits, and training. The Surface Mining Equipment segment produces blasthole drills, conveyor systems, electric mining shovels, feeder breakers, high angle conveyors, walking draglines, and wheel loaders.

Dean Foods Co (NYSE:DF), ended its Tuesday’s trading session with -2.96% loss, and closed at $15.76.

Dean Foods Company (DF) declared recently that its board of directors declared a quarterly dividend of $0.07 per share. The dividend is payable on September 3, 2015, to stockholders of record at the close of business on August 24, 2015.

Dean Foods Company, a food and beverage company, processes and distributes milk, and other dairy and dairy case products in the United States. It manufactures, markets, and distributes dairy case products, counting fluid milk, ice cream, cultured dairy products, creamers, ice cream mix, and other dairy products; and produces and distributes juices, teas, and bottled water.

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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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