On Tuesday, Franklin Resources, Inc. (NYSE:BEN)’s shares inclined 1.19% to $50.33.
Franklin Resources, Inc. (BEN) declared a quarterly cash dividend in the amount of $0.15 per share payable on July 15, 2015 to stockholders of record holding shares of common stock at the close of business on June 30, 2015. The quarterly dividend of $0.15 per share is equivalent to the dividend paid for the prior quarter and represents a 25% enhance over the quarterly dividend paid for the same quarter last year.
Alcatel-Lucent provides Internet protocol (IP) and cloud networking, and ultra- broadband access worldwide. The company’s Core Networking segment offers IP routing, carrier Ethernet, network functions virtualization, and software defined networking applications and infrastructure to meet the challenges of network traffic growth while supporting the delivery of cloud-enabled business, mobile, and residential services for service providers, mobile network operators, cable/multiple system operators, transportation, utilities, and large-scale enterprises.
KB Home (NYSE:KBH)’s shares dropped -0.67% to $14.88.
KB Home (KBH) one of the nation’s largest and most recognized homebuilders, recently declared that Andy Garrich has been named senior vice president of land acquisition and development for its Washington, D.C. Metro division. In this role, Garrich is responsible for all of the builder’s land acquisition activities and the development of new KB Home communities throughout the region.
Garrich joins KB Home with more than 25 years of land development experience in the Maryland and Virginia markets, and holds a Bachelor of Science degree in civil engineering from Virginia Tech.
KB Home offers homes throughout the Washington, D.C. metropolitan area that comprise as many as six bedrooms and range in price from the low-$300,000s to over $1,000,000. KB Home recently opened Autumn Overlook in Ellicott City and its Eastchurch community in Frederick, Maryland.
KB Home operates as a homebuilding company in the United States. It constructs and sells various homes, counting attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers under the name KB Home.
At the end of Tuesday’s trade, Noranda Aluminum Holding Corporation (NYSE:NOR)‘s shares dipped -3.74% to $1.03.
Noranda Aluminum Holding Corporation (NOR) declared recently that it has obtained $15 million of project-specific financing that will allow it to complete a state-of-the-art redraw rod mill at its aluminum smelter in New Madrid, Missouri (“New Madrid”). The new rod mill will enhance Noranda`s production capacity by about 43% and will exemplify the latest cutting-edge technology in the North American marketplace. The rod mill is geographically located in an advantageous section of North America which affords customers shorter transportation distance and lower freight costs. Consequently the Company has already received interest from customers for a majority of the new rod mill`s capacity.
The Company anticipates the new Rod mill to cost about $55 million, of which about $15 million remains. The Company anticipates production at the mill to start during the second quarter of 2016.
Noranda Aluminum Holding Corporation produces and sells primary aluminum and rolled aluminum coils in the United States. The company’s Bauxite segment mines, produces, and sells bauxite used for alumina production. Its Alumina segment refines and converts bauxite into alumina, which is used in the production of primary aluminum; and sells smelter grade alumina and alumina hydrate, or chemical-grade alumina.
AerCap Holdings N.V. (NYSE:AER), ended its Tuesday’s trading session with 0.11% gain, and closed at $46.61.
Boeing and AerCap Holdings N.V. (AER) declared an order for 100 737 MAX 8s recently at the Paris Air Show. The order, valued at $10.7 billion at current list prices, is the first 737 MAX order for AerCap.
The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. The 737 MAX will be 14 percent more fuel-efficient than recently’s most efficient Next-Generation 737s – and 20 percent better than the original Next-Generation 737s when they first entered service.
AerCap is a global leader in aircraft leasing with 1,800 aircraft that are owned, managed, or under contract to purchase. AerCap serves over 200 customers in more than 90 countries with comprehensive fleet solutions and provides part-out and engine leasing services through its partner, AeroTurbine. AerCap is listed on the New York Stock Exchange (AER).
AerCap Holdings N.V., an independent aircraft leasing company, engages in the leasing, financing, sale, and administration of commercial aircraft and engines. The company provides aircraft asset administration and corporate services, counting remarketing aircraft; collecting rental and maintenance payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews.
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