On Wednesday, Trinity Industries Inc(NYSE:TRN)’s shares declined -1.32% to $23.95.
Trinity Industries, Inc. (TRN) has declared a quarterly dividend of 11 cents per share on its $0.01 par value common stock. The quarterly cash dividend, representing Trinity’s 206th successively paid dividend, is payable October 30, 2015 to stockholders of record on October 15, 2015.
Trinity Industries, Inc. provides various products and services for the energy, transportation, chemical, and construction sectors in the United States and internationally. Its Rail Group segment offers railcars, counting autorack, box, covered hopper, gondola, intermodal, tank, and open hopper cars; and couplers, axles, and other equipment, in addition to railcar maintenance services. This segment serves railroads, leasing companies, and industrial shippers of various products.
Koninklijke Philips NV (ADR)(NYSE:PHG)’s shares dropped -0.02% to $23.85.
Royal Philips (PHG) and Netherlands -based Radboud university medical center (Radboudumc) recently introduced a connected digital health prototype that enables people living with diabetes and their health care providers to make more confident care decisions while managing the complexity of diabetes self-care. In its first phase, the solution both organizations are developing will focus on patients living with diabetes type 1.
The system, comprising of a mobile patient app and online community, is the first to collect and connect data from electronic medical records, multiple personal health devices – counting wireless glucose meters and activity monitors – and patient self-stated data. Via a smartphone or tablet, the app gives patients continuous access to important parameters such as blood glucose levels, insulin use, and nutrition and provides coaching guidance* at home and on the go. The secure online community is where enrolled patients and healthcare professionals can interact via private messaging or shared posts within a healthcare organization’s clinical guidelines. In this way, patients can get feedback from their care team using the combined data and can easily share experiences with fellow patients, clinicians and caregivers.
Koninklijke Philips N.V. engages in healthcare, consumer lifestyle, and lighting businesses worldwide. It provides various integrated clinical solutions, counting radiation oncology and portfolio administration; computed tomography, magnetic resonance imaging, and molecular imaging products; digital X-ray and mammography products; interventional X-ray products in cardiology, radiology, surgery, and other areas; and ultrasound products.
At the end of Wednesday’s trade, B/E Aerospace Inc(NASDAQ:BEAV)‘s shares dipped -3.85% to $45.76.
B/E Aerospace, Inc. (BEAV), the world’s leading manufacturer of aircraft cabin interior products, recently declared that it anticipates to recognize charges during the third quarter associated with its cost reduction program. The charges reflect costs associated with facilities consolidation, product rationalization, workforce reductions and program discontinuance. The Company plans to close several facilities, consolidate certain product lines and reduce headcount by about 450 employees. Total after-tax charges for the associated activities are predictable to be about $30 million.
“These initiatives are predictable to reduce costs and improve efficiencies which are necessary due to the slower revenue growth predictable in 2015 and 2016. We expect our initiatives to offset inflationary pressures on wages, occupancy and infrastructure costs and enable us to continue to generate incremental year-over-year margin improvement,” said Amin J. Khoury, Executive Chairman of B/E Aerospace.
B/E Aerospace, Inc. designs, manufactures, sells, and services cabin interior products for commercial aircraft and business jets in the United States and internationally. Its Commercial Aircraft segment offers first class, business class, tourist class, and regional aircraft seats, in addition to spares; oxygen storage, distribution, and delivery systems for commercial and business jet aircraft; coffee makers/water boilers, ovens, and refrigeration equipment; and modular lavatory, wastewater, and galley systems.
FuelCell Energy Inc(NASDAQ:FCEL), ended its Wednesday’s trading session with -6.11% loss, and closed at $0.770.
FuelCell Energy, Inc. (FCEL), a global leader in the design, manufacture, operation and service of ultra-clean, efficient and reliable fuel cell power plants, declared a noteworthy industry milestone by generating four billion kilowatt hours (kWh) of virtually pollutant-free electricity from the global fleet of Direct FuelCell® (DFC®) power plants since the first commercial installation in 2003. Adequate to power more than 362,000 average U.S. homes for one year, this power was efficiently produced by fuel cells electrochemically, quietly emitting water vapor rather than pollutants. One billion kWh of power was generated in just the past nine months reflecting the growing global adoption of affordable and environmentally friendly fuel cell power plants.
“This milestone is definitely something to celebrate, as it took about eight years for our power generation total to achieve one billion kilowatt hours and only nine months to enhance from three billion to four billion kilowatt hours,” said Chip Bottone, Chief Executive Officer, FuelCell Energy, Inc. “This accelerated growth rate is recognition of the operating performance of our fleet in addition to the growing support for clean power generation, as our fuel cell solutions assist meet emission reduction aims and renewable portfolio standards.”
FuelCell Energy, Inc., together its auxiliaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. The company is also involved in the development, design, production, and sale of fuel cell products under the Direct FuelCell name. Its power plants electrochemically produce electricity and heat using various fuels, counting natural gas, methanol, diesel, biogas, coal gas, coal mine methane, and propane.
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