On Monday, Shares of Sunedison Inc (NYSE:SUNE), lost -18.00% to $6.97.
Sunedison declared the completion of three solar canopy systems for the City of Fremont, Calif. The systems are predictable to generate 1.2 megawatts (MW) DC of clean, reliable electricity for the city.
The solar canopy systems are mounted on canopy structures over parking lots at the city’s Irvington Community Center, the Aqua Adventure Water Park, and the Robert Wasserman Fremont Police Center. The solar systems are predictable to generate enough energy to power almost 150 homes each year and avoid the emission of more than 500 tons of carbon dioxide annually, equivalent to the amount of carbon sequestered by about 425 acres of forest.
The City of Fremont signed 20-year power purchase agreements with SunEdison as part of the Regional Renewable Energy Procurement Program (R-REP) led by Alameda County. It is projecting that the solar energy will save taxpayers more than $2.6 million dollars over the life of the agreement, and will result in a more than 5 percent reduction in city emissions following the completion of a fourth canopy system early next year.
SunEdison, Inc. (SunEdison) is a developer and seller of photovoltaic energy solutions, an owner and operator of clean power generation assets, and a developer and manufacturer of silicon wafers. The Company operates in three segments: Solar Energy, TerraForm Power and Semiconductor Materials through SunEdison Semiconductor Ltd. (SSL).
Shares of JPMorgan Chase & Co. (NYSE:JPM), declined -2.42% to $59.99, during its last trading session.
J.P. Morgan Asset Management recently released a new piece of research, “The Millennials - Now streaming: the millennial journey from saving to retirement.” The white paper from authors Michael Cembalest, Chairman of Market and Investment Strategy, and Katherine Roy, Chief Retirement Strategist, comprehensively examines how millennials will manage their finances and maintain their financial independence throughout their working years and through retirement.
The research is presented in the format of a fictitious script proposal for a web-based show, “The Millennials,” which follows a cast of millennials with different income levels. Sometimes everything goes according to plan and sometimes negative shocks occur, which affect their ability to save, counting turbulent markets, widowhood, health problems, job loss, lack of access to a 401(k) and/or employer match, retirement policy changes and other unforeseen life events.
“There are many factors involved in depicting these journeys. Some, like family emergencies, and home prices, are outside the control of our millennials, while others, like after-tax saving and spending habits, are completely within their control,” said Michael Cembalest. “As we follow them on this journey, their lifestyle choices and the unpredictable forces of financial markets and government policy collide to tell the story of their financial lives, which is more often than not characterized by both triumph and tragedy.”
JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. JPMorgan Chase’s activities are organized into four business segments. The Company’s Consumer & Community Banking segment serves consumers and businesses through personal service at bank branches and through ATMs, online, mobile and telephone banking.
Shares of JD.Com Inc(ADR) (NASDAQ:JD), declined -4.82% to $24.69, during its last trading session.
JD.Com, together with TAG Heuer, the Swiss luxury avant-garde watchmaker, recently jointly declared an exclusive e-commerce partnership to comprise the establishment of TAG Heuer’s first China online flagship store on JD.com’s marketplace platform.
The TAG Heuer flagship store will offer product lines specially selected for China’s increasingly sophisticated online consumers, featuring cutting-edge designs across multiple price points. The store will also feature a 360-degree “virtual” product display where consumers can experience products before purchasing. JD.com’s support in brand marketing, logistics, payment and after-sales service will assist ensure that customers enjoy a first-rate online shopping experience.
To mark the opening of its first China online flagship store, Tag Heuer will launch sales of its “TAG Heuer Formula One Women G.E.M. special edition” wristwatch in the Chinese market for a limited time exclusively on the JD.com platform.
JD.com, Inc. is an online direct sales company. The Company engages primarily in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in People’s republic of China (PRC) on the Internet through its Website jd.com.
Finally, Fifth Third Bancorp (NASDAQ:FITB), ended its last trade with -2.77% loss, and closed at $18.60.
Fifth Third Mortgage introduces the Community Reinvestment Mortgage Special recently, a program that assists cover closing costs for its mortgage customers who buy or refinance homes in low-income areas in Fifth Third Bank’s 12-state footprint. The program also assists pay closing costs for low-income buyers financing through Fifth Third in states where the Bank has branches.
Fifth Third’s Community Reinvestment Mortgage Special will pay the lender’s closing costs which could range from $600 to $2,000 depending on the community. Fifth Third will pay closing costs such as origination fees, processing, underwriting, commitment and where applicable, an application fee.
There is no income limit if the consumer is buying in a low-income area.
Qualifying areas can comprise urban and suburban areas. The low-income tract is determined by the federal government through Census data. Potential buyers should check with a Fifth Third mortgage loan originator to see if the area they are looking in qualifies for the credit. In Cincinnati, areas that qualify comprise some parts of the popular Over-the-Rhine and Northside neighborhoods, among other locations.
Fifth Third Bancorp is a bank holding company. The Company’s subsidiary, Fifth Third Bank, provide a range of financial products and services to the retail, commercial, financial, governmental, educational and medical sectors, and credit products, such as credit cards, installment loans, mortgage loans and leases. The Company operates in four business segments: Commercial Banking, Branch Banking, Consumer Lending and Investment Advisors.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
