On Wednesday, ArcelorMittal SA (ADR) (NYSE:MT)’s shares declined -0.75% to $10.56.
ArcelorMittal SA (ADR) (MT) the world`s leading steel and mining company, is recently hosting an investor event in London focussing on the company`s global automotive steel franchise and research and development (R&D) capabilities. Presentations, from members of ArcelorMittal`s automotive and R&D leadership teams, will explore the challenges and opportunities that exist in the global automotive sector, highlighting ArcelorMittal`s successful strategy to address these through innovative solutions that ensure steel retains its position as the material of choice for the automotive sector. Specific areas covered will comprise:
- The ongoing light-weighting focus of the automotive industry to meet increasingly challenging regulatory targets for fuel economy, and how ArcelorMittal`s suite of automotive steel solutions meets these requirements more competitively than other materials;
- ArcelorMittal`s technological leadership in the automotive sector, how through its global R&D efforts the company has developed the broadest automotive product offering in the world, the competitive advantage this brings and how it is assisting the company to maintain and enhance its share of this demanding market;
- How its global footprint uniquely positions ArcelorMittal to address the developing trend of carmakers demanding exactly the same products on a worldwide basis to support centrally designed global platforms;
- Automotive growth forecasts in the developed world, driven by recovery in the EU, and in emerging markets, driven by demand in countries counting China, India and Mexico, and the opportunity this presents for ArcelorMittal`s automotive franchise business.
ArcelorMittal, together with its auxiliaries, operates as an integrated steel and mining company worldwide. The company operates through five segments: NAFTA; Europe; Brazil and Neighboring Countries (Brazil); Africa & Commonwealth of Independent States (ACIS); and Mining. It produces finished and semi-finished steel products.
Xcel Energy Inc (NYSE:XEL)’s shares dropped -0.74% to $31.99.
Xcel Energy Inc (XEL) undertook numerous environment friendly expenditures and initiatives in the past that are bearing “green” fruits for its customers and the communities that it serves, as per its recent corporate social responsibility (“CSR”) report.
In almost a decade, Xcel Energy’s production from renewable sources has tripled to 21% of its total output. Thanks to its investments in wind and solar resources, Xcel Energy has reduced carbon dioxide emissions by 22% contrast with 2005 levels.
The company is on course to reduce carbon emissions by 30% by 2020. The report also reveals that Xcel Energy has reduced emissions of sulfur dioxide and nitrogen oxides by 60% contrast with what was emitted by its generating plants in 2005.
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. It is also involved in the purchase, transportation, distribution, and sale of natural gas. In addition, the company engages in developing and leasing natural gas pipelines, and storage and compression facilities; and investing in rental housing projects. It serves residential, commercial, and industrial customers, in addition to public authorities in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Xcel Energy Inc. was founded in 1909 and is based in Minneapolis, Minnesota.
At the end of Wednesday’s trade, Lowe’s Companies, Inc. (NYSE:LOW)‘s shares dipped -0.74% to $70.08.
Lowe’s Companies, Inc. (LOW)’s Canada and the Baeumler Family Foundation (BFF) are partnering to provide essential home renovations to make homes safe and accessible for those in need through a new point of sale fundraising campaign. The campaign in support of BFF is taking place in all 38 Lowe’s stores in Canada throughout the month of June 2015 where customers are invited to donate $2 at checkout.
Lowe’s has supported BFF in the past with product donations on various accessibility projects in Ontario cities counting Windsor , Markham , Burlington and Mississauga , however, this is the first year that Lowe’s is partnering with BFF for such a campaign where they are inviting customers to donate to the cause. All proceeds raised through the fundraiser will go towards BFF builds and renovation projects for underprivileged children and families in need of accessibility, safety and security in the home.
Lowe’s Companies, Inc. operates as a home improvement retailer. The company offers products for maintenance, repair, remodeling, and home decorating. It provides home improvement products under the categories of kitchens and appliances; lumber and building materials; tools and hardware; fashion fixtures; rough plumbing and electrical; lawn and garden; seasonal living; paint; home fashions; storage and cleaning; flooring; millwork; and outdoor power equipment. The company also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. It provides national brand-name merchandise and private branded products.
Zimmer Holdings, Inc. (NYSE:ZMH), ended its Wednesday’s trading session with 0.75% gain, and closed at $113.52.
Zimmer Holdings, Inc. (ZMH) declared that, following the receipt of U.S. Federal Trade Commission clearance, Zimmer has accomplished the acquisition of Biomet in a cash and equity transaction presently valued at about $14.0 billion. In connection with the combination, Zimmer has changed its corporate name to Zimmer Biomet Holdings, Inc. The Company will trade on the New York Stock Exchange and the SIX Swiss Exchange under the ticker symbol ZBH starting June 29, 2015.
Zimmer Holdings, Inc., together with its auxiliaries, designs, develops, manufactures, and markets orthopaedic reconstructive devices, spinal and trauma devices, biologics, dental implants, and related surgical products in the Americas, Europe, and the Asia Pacific. It offers orthopaedic reconstructive devices that restore function lost due to disease or trauma in joints comprising knees, hips, shoulders, and elbows; dental reconstructive implants, which restore function and aesthetics in patients who have lost teeth due to trauma or disease; spinal devices that are utilized by orthopedic surgeons and neurosurgeons for the treatment of degenerative diseases, deformities, and trauma in various regions of the spine; and trauma devices used primarily to reattach or stabilize damaged bone and tissue to support the bodys natural healing process.
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.
