On Thursday, Keurig Green Mountain Inc (NASDAQ:GMCR)’s shares declined -0.83% to $71.32.
Keurig Green Mountain, Inc., (GMCR), a leader in specialty coffee, coffee makers, teas and other beverages with its innovative brewing technology, recently declared the launch of Green Mountain Coffee® Organic – a new line of premium coffees that are both organic and Fair Trade Certified™. This launch marks the first collection of a double certified line of Green Mountain Coffee® ever accessible for the Keurig® hot brewing system. With this new Organic line, Green Mountain Coffee® has also unveiled a new look, counting new branding and a refreshed logo and packaging.
Keurig Green Mountain, Inc. produces and sells specialty coffee, coffeemakers, teas, and other beverages in the United States and Canada. It sources, produces, and sells coffee, hot cocoa, teas, and other beverages under various brands in K-Cup, Vue, Rivo, K-Carafe, and Bolt portion packs brands; and coffee in traditional packaging, counting bags and fractional packs, in addition to offers whole bean and ground coffee in bags, fractional packages, and cans.
Kosmos Energy Ltd (NYSE:KOS)’s shares gained 0.42% to $7.17.
Kosmos Energy (KOS) declared the following plan for its second quarter 2015 results:
Earnings Release: Monday, August 3, 2015, pre-market via Business Wire and the Company’s website at www.kosmosenergy.com.
Conference Call: Monday, August 3, 2015, at 11:00 a.m. EDT. The call will be accessible via telephone and webcast.
Kosmos Energy Ltd. explores for and produces oil and gas in Africa, Europe, and South America. Its asset portfolio comprises production and other development projects in offshore Ghana, in addition to exploration licenses with hydrocarbon potential in offshore Ireland, Mauritania, Morocco, Senegal, and Suriname. The company was founded in 2003 and is based in Hamilton, Bermuda.
At the end of Thursday’s trade, Harman International Industries Inc./DE/ (NYSE:HAR)‘s shares surged 2.14% to $111.20.
Harman International Industries Inc./DE/ (HAR) the premier audio, infotainment and software services company, recently named Phillip Eyler as Executive Vice President and President, Infotainment, effective right away. Eyler was formerly Senior Vice President & General Manager, Global Automotive Audio. He joins the HARMAN Executive Committee and reports to Dinesh C. Paliwal, Chairman, President and Chief Executive Officer of HARMAN.
In his new role, Eyler will lead the nearly $3 billion Infotainment division of HARMAN which develops integrated systems encompassing Augmented Navigation, Telematics, Multimedia, Connected Safety and Cyber Security solutions. He will oversee an organization of 7,500 employees, counting top technology experts and engineers throughout the world. He will be based at the Company’s North America Automotive headquarters in Novi, Michigan.
Harman International Industries, Incorporated develops, manufactures, and markets audio products, lighting solutions, and electronic systems, in addition to digitally integrated audio and infotainment systems for the automotive industry worldwide. Its Infotainment segment offers infotainment systems for vehicle applications to be installed primarily as original equipment by automotive manufacturers.
Real Goods Solar, Inc. - Class A (NASDAQ:RGSE), ended its Thursday’s trading session with -2.60% loss, and closed at $1.50.
Real Goods Solar, Inc. (RGSE), reached a Securities Purchase Agreement with several institutional and accredited investors. Pursuant to the terms of the Purchase Agreement, the Company will sell to the Institutional Investors an aggregate of $4.2 million of units (each, a “Unit”) of the Company’s Class A common stock, par value $0.0001 per share, (the “Common Stock”), and Series F Warrants (the “Warrants”). On the same day, the Company agreed to sell $800,000 of Units to additional investors. The purchase price for each Unit is $3.65. Each Unit comprises of: (i) one share of Common Stock, and
(ii) a Warrant to purchase 30% of one share of Common Stock.
In the event that an investor, together with certain “attribution parties,” would beneficially own in excess of 9.99% of the number of shares of Common Stock outstanding right away after the closing of the offering as a result of its purchase of Units, the Company will issue to such investor shares of Common Stock in an amount up to such 9.99% cap. The balance of the shares of Common Stock such investor would have received at closing but for the 9.99% cap will be issued and placed into escrow with the Company’s transfer agent following the terms of an escrow agreement and will be delivered to such investor from time to time, offered that at any such time any such investor, together with certain “attribution parties,” would not beneficially own, after such delivery, more than 9.99% of the issued and outstanding shares of Common Stock.
There will be a one-time “reset” adjustment of the number of shares of Common Stock issuable as part of the Units. At the time of closing the Company will deliver into escrow, with the Company’s transfer agent, an estimated number of “reset shares.” On July 10, 2015, the escrow agent will deliver to the investors in the offering additional shares equal to the number of shares a purchaser would have received at closing had the per Unit price at closing been equal to a “reset price” calculated on July 9, 2015, minus the total number of shares purchased and delivered as part of the Units at closing (without regard to whether such shares are delivered to the purchases or held in escrow following the 9.99% cap described above). The reset price will be equal to 85% of the arithmetic average of the three lowest volume weighted average prices of the Common Stock during the period commencing on the date of the Purchase Agreement and ending on July 9, 2015.
Real Goods Solar, Inc. operates as a residential and commercial solar energy engineering, procurement, and construction company in the United States. It operates in three segments: Residential, Sunetric, and Other. The company offers solar energy services, including design, procurement, permitting, build-out, grid connection, financing referrals, and warranty and customer satisfaction. It installs residential solar energy systems up to 15 kilowatts (kW) output; and small commercial solar energy systems up to 200 kW output for various industries, such as retail, manufacturing, service, and municipal services.
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.
