On Thursday, Newpark Resources Inc (NYSE:NR)’s shares declined -1.88% to $7.82.
Newpark Resources, Inc. (NR) declared that it will release its second quarter 2015 results on Thursday, July 30, 2015 after the market closes. In conjunction with the release, the Company has planned a conference call, which will be broadcast live over the Internet, on Friday, July 31, 2015 at 10:00 a.m. Eastern / 9:00 a.m. Central.
Newpark Resources, Inc. provides various products and services primarily to the oil and gas exploration industry. The company operates in two segments, Fluids Systems, and Mats and Integrated Services. The Fluids Systems segment provides drilling fluids products and technical services for technical drilling projects involving complex subsurface conditions, such as horizontal directional, geologically deep, or deep water drilling. This segment also grinds barite and other industrial minerals.
Cree, Inc. (NASDAQ:CREE)’s shares dropped -0.39% to $25.52.
Cree, Inc. (CREE) declared the Connected Cree® LED Bulb’s compatibility with market leader in home automation, SmartThings, which is part of the Samsung Global Innovation Center. The news comes just four months after the Connected Cree LED Bulb’s inaugural launch and reinforces its position as the most compatible connected LED bulb on the market.
The Connected Cree LED Bulb is the first smart LED bulb to deliver the combination of the lighting experience customers expect from Cree with industry-leading simplicity, multi-platform compatibility and affordability. Fully dimmable and controllable through the SmartThings app, the 60-watt replacement Connected Cree LED Bulb consumes 81 percent less energy and has a rated lifetime of 25,000 hours, backed by a three-year warranty. The bulb is accessible at The Home Depot® for just $14.97.
Cree, Inc. develops, manufactures, and sells lighting-class light emitting diode (LED), lighting, and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, South Korea, Japan, Malaysia, Taiwan, and internationally. The company’s LED Products segment provides blue and green LED chips that are used in various applications, counting video screens, gaming displays, function indicator lights and automotive backlighting, headlamps, and directional indicators; LED components comprising packaged LED products for lighting applications, and surface mount and through-hole packaged LED products for video, signage, general illumination, transportation, gaming, and specialty lighting applications; and silicon carbide (SiC) materials, which are used in manufacturing products for RF, power switching, gemstone, and other applications.
At the end of Thursday’s trade, SolarCity Corp (NASDAQ:SCTY)‘s shares dipped -0.25% to $52.27.
SolarCity Corporation (SCTY) as administrative agent (the “Administrative Agent”), and the lenders from time to time party thereto (the “Lenders”) reached a sixth amendment (“Amendment No. 6″) to that certain Amended and Restated Credit Agreement, dated November 1, 2013, among the Company, the Administrative Agent and the Lenders, and as formerly amended (the “Credit Facility”). Amendment No. 6 amends the Company’s secured revolving credit facility to, among other things, (a) allow for the enhance of the maximum size of the Credit Facility to $300 million, subject to certain conditions, (b) enhance the Short-Term Solar Bond Issuance limit to $250 million, subject to certain limitations, and enhance the total Solar Bond Issuance limit to $350 million, (c) remove the requirement to provide separate Short-Term Solar Bonds Credit Support, and allow instead to support Short-Term Solar Bonds with the Borrowing Base, (d) enhance the Capital Expenditure limit to $350 million, (e) enhance the Letter of Credit Sublimit to $60 million,
(f) change the Unencumbered Liquidity covenant to cover Short-Term Solar Bonds in addition to Aggregate Commitments, (g) clarify covenants regarding Acquisitions of Developer Projects, and (h) enhance the general Dispositions limit to $25 million.
SolarCity Corporation designs, manufactures, installs, maintains, monitors, leases, and sells solar energy systems to residential, commercial, government, and other customers in the United States. It offers solar energy systems; solar lease and power purchase agreement finance products; mounting hardware for photovoltaic panels; and related software, in addition to develops a proprietary battery administration system, which is designed to enable remote, bidirectional control of distributed energy storage that can provide benefits to customers, utilities, and grid operators.
CBRE Group Inc (NYSE:CBG), ended its Thursday’s trading session with 0.43% gain, and closed at $37.68.
London’s West End continued to be the world’s highest-priced office market but Asia dominated the world’s most expensive office locations, accounting for four of the top five markets, according to CBRE Group Inc (CBG)’s semi-annual Global Prime Office Occupancy Costs survey.
The study also found that the real estate recovery in the Emerald Isle (Ireland) remained on track, with Dublin (26.1 percent) and Belfast (13.3 percent) showing the largest and fourth-largest year-over-year prime occupancy cost enhances, respectively among the 127 cities surveyed. In North America real estate fundamentals remained strong with Seattle (Downtown), San Francisco (Peninsula) and Vancouver (Suburban) among the 10 markets with the fastest growing prime occupancy costs.
The change in prime office occupancy costs mirrored the gradual recovery of the global economy. Global prime office occupancy costs rose 2.0 percent year-over-year, with the Americas up 2.9 percent, EMEA rising 1.5 percent and Asia Pacific up 1.4 percent.
CBRE tracks occupancy costs for prime office space in 127 markets around the globe. Of the top 50 “most expensive” markets, 19 were in EMEA, 20 were in Asia Pacific and 11 were in the Americas.
CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. The company operates through Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Administration; and Development Services segments. It provides advisory services, such as planned advice and execution to owners, investors, and occupiers of real estate in connection with leasing, disposition, and acquisition of property; integrated investment sales and debt/structured financing services under the CBRE Capital Markets brand; and valuation services, counting market value appraisals, litigation support, discounted cash flow analyses, feasibility and fairness opinions, and property condition and environmental consulting, in addition to originates and services commercial mortgage loans.
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