On Wednesday, PG&E Corporation (NYSE:PCG)’s shares inclined 0.55% to $49.37.
PG&E Corporation (PCG) declared that it has promoted three leaders to fill key roles in PG&E’s Gas Operations, Customer Care and Human Resources organizations. John C. Higgins was named Vice President, Gas Transmission and Distribution Operations; Aaron J. Johnson was named Vice President, Customer Energy Solutions and Mary K. King was named Vice President, Human Resources.
Higgins, who joined PG&E in 2012, formerly served as Senior Director, Field Operations. In his new role, Higgins is responsible for operations and maintenance on the gas transmission and distribution system, counting leak survey and repair, corrosion testing/remediation, pipeline patrolling, and emergency response calls. He succeeds Kevin Knapp, who stepped down in May 2015, and reports to Jesus Soto, Senior Vice President, Engineering, Construction, and Operations.
PG&E Corporation, through its partner, Pacific Gas and Electric Company, transmits, delivers, and sells electricity and natural gas to residential, commercial, industrial, and agricultural customers primarily in northern and central California.
Nike Inc (NYSE:NKE)’s shares gained 1.25% to $109.37.
Nike Inc (NKE) will report its earnings for the fiscal quarter ending May 2015. Wall Street is predicting FQ4’15 EPS to come in at $.84, having significantly underestimated EPS every quarter for the past 8 quarters. The Estimize consensus is projecting a slightly higher EPS of $.88, and it has been within 1 cent of Nike’s actual EPS in 4 of the last 8 quarters.
Nike is a world leader in marketing, designing, and distributing athletic footwear, apparel, accessories, and equipment, and it controls over 60% of the footwear market share. The company recently declared a partnership with the NBA to take over its licensing of apparel from Adidas starting in 2017, making Nike the first company to have its logo appear on NBA players’ uniforms. The deal will commence at the starting of the 2017 - 2018 NBA season and last for 7 years. ESPN has estimated the value of Nike’s new partnership at over $1 billion.
In terms of its financials, Nike has slightly underperformed when contrast to the industry average. Experiencing 19% revenue growth in China and 23% growth in Western Europe, Nike raised revenue by 7% since the same quarter one year prior, though lower than the industry average of 9.7%. However, the company’s stock price may tell a different story. Year-to-date, Nike’s stock price has raised 11.25% when contrast to the S&P 500’s enhance of 3.34%.
NIKE, Inc., together with its auxiliaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories for men, women, and kids worldwide. The company offers products in eight categories, counting running, basketball, football, men’s training, women’s training, sportswear, action sports, and golf under the NIKE and Jordan brand names.
At the end of Wednesday’s trade, Energizer Holdings, Inc. (NYSE:EPC)‘s shares dipped -23.15% to $101.10.
Energizer Holdings, Inc. (ENR) declared that it has accomplished the spin off from its former parent company, newly named Edgewell Personal Care Company (“Edgewell”), and has begun operating as an independent, publicly-traded entity. The new Energizer will be called Energizer Holdings, Inc. and trade under the ticker symbol “ENR.” Starting July 1, 2015, the new Energizer will start “regular-way” trading on the New York Stock Exchange (“NYSE”).
As formerly declared, common stockholders of record as of the close of business on June 16, 2015, the record date for the distribution, received one share of Energizer for each share of Edgewell common stock held as of the record date. The distribution of Energizer shares was made in book-entry form and no action or payment by Edgewell shareholders was required to receive Energizer shares. No physical share certificates of Energizer were issued.
Edgewell Personal Care Company manufactures and markets primary batteries, portable lighting, and personal care products in the United States and internationally. The company operates through Personal Care and Household Products divisions. The Personal Care division offers wet shave products, which comprise razor systems comprising razor handles and refillable blades, and disposable shave products under the Schick, Wilkinson Sword, Edge, Skintimate, and Personna brand names, in addition to shave preparation products, counting shaving gels and creams.
Williams Partners LP (NYSE:WPZ), ended its Wednesday’s trading session with -1.77% loss, and closed at $47.62.
Williams and The Conservation Fund declared 17 conservation projects which will receive more than $2.5 million in funding through the Atlantic Sunrise Environmental Stewardship Program. Together, these projects will restore over 10 miles of wildlife habitat along streams, prevent thousands of pounds of harmful nutrients from entering waterways, and support the construction of eight miles of new trails in central and southeastern Pennsylvania.
Williams Partners L.P., an energy infrastructure company, focuses on connecting North Americas hydrocarbon resource plays to growing markets for natural gas and natural gas liquids (NGL). It operates in Northeast G&P, Atlantic-Gulf, West, and NGL & Petchem Services segments. The Northeast G&P segment comprises midstream gathering and processing businesses in the Marcellus and Utica shale regions; and a 51 percent equity investment in Laurel Mountain Midstream, LLC, in addition to a 47.5 percent equity investment in Caiman Energy II, LLC.
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 through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
