On Wednesday, DTE Energy Co (NYSE:DTE)’s shares inclined 2.74% to $80.37.
DTE Energy and the DTE Energy Foundation deepened its commitment to Michigan communities by providing $27 million in charitable contributions in 2014, by far the highest level of giving in the company’s history. Details of the charitable donations and the many other ways in which DTE is a force for growth and prosperity in the communities where its employees live and serve were released in the company’s 2014-2015 Corporate Citizenship Report.
The report, now accessible for download at www.dtecitizenship.com, celebrates DTE’s environmental, financial and community successes, while acknowledging the challenges the company faces.
DTE Energy Company operates in the utility operations. The company’s Electric segment engages in the generation, purchase, distribution, and sale of electricity to about 2.1 million residential, commercial, and industrial customers in southeastern Michigan.
Cadence Design Systems Inc (NASDAQ:CDNS)’s shares gained 1.17% to $20.68.
Cadence Design Systems, Inc. (CDNS) declared that Chris Rowen, CTO of the IP Group at Cadence, and Himanshu Sanghavi, Group Director of the Tensilica R&D team at Cadence, are planned to present on vision processing technology at the Linley Processor Conference on October 6-7, 2015, at the Hyatt Regency in Santa Clara, CA.
Cadence Design Systems, Inc. develops, sells, leases, and licenses electronic design automation (EDA) software, emulation and prototyping hardware, verification intellectual property (VIP), and design intellectual property (design IP) for semiconductor and electronics systems industries worldwide.
At the end of Wednesday’s trade, Bloomin’ Brands Inc (NASDAQ:BLMN)‘s shares dipped -1.57% to $18.18.
The Habit Restaurants, Inc. (HABT) declared the appointment of Joseph J. Kadow to its Board of Directors effective September 28, 2015. In addition to serving on the Board of Directors, Mr. Kadow will serve on The Habit’s Audit Committee and Nominating and Corporate Governance Committee.
Mr. Kadow is presently Executive Vice President, Chief Legal Officer of Bloomin’ Brands, Inc. (BLMN). Mr. Kadow joined Bloomin’ Brands in 1994 as Vice President and General Counsel. Preceding to joining Bloomin’ Brands (f/k/a OSI Restaurant Partners, Inc.), Mr. Kadow was a partner in the Orlando, Florida office of the national law firm of Baker Hostetler.
Bloomin Brands, Inc., through its auxiliaries, owns and operates casual, upscale casual, and fine dining restaurants primarily in the United States. The company operates restaurants under various concepts, counting Outback Steakhouse, a casual steakhouse restaurant; Carrabba’s Italian Grill, a casual Italian restaurant; Bonefish Grill, an upscale casual seafood restaurant; and Fleming’s Prime Steakhouse & Wine Bar, a contemporary steakhouse.
USA Technologies, Inc. (NASDAQ:USAT), ended its Wednesday’s trading session with -10.11% loss, and closed at $2.49.
USA Technologies, Inc. (USAT) a leader of wireless, cashless payment and M2M/IoT solutions for small-ticket, self-serve retailing industries, declared that it anticipates filing its 10-K for the year ended June 30, 2015 on October 1, 2015. On September 29, 2015, it filed for an extension because the company determined that it was not able to file its Annual Report on Form 10-K for the fiscal year ended June 30, 2015 (the “Form 10-K”) within the prescribed time period without unreasonable effort or expense.
Recently the company reaffirmed that for fiscal 2016, it anticipates to add more than 75,000 net new connections and anticipates total revenue to be between $69 million and $71 million.
The extension request is attributable to a process the company’s administration undertook to assess the effectiveness of its disclosure controls and procedures and internal control over financial reporting as of June 30, 2015. Based on its assessment, administration identified deficiencies in both the design and operating effectiveness of the company’s internal control over financial reporting, which when aggregated represent a material weakness in internal control.
USA Technologies, Inc. provides wireless networking, cashless transactions, asset monitoring, and other value-added services principally to the small ticket unattended retail markets in the United States and internationally.
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