On Thursday, Dominion Resources, Inc. (NYSE:D)’s shares declined -0.89% to $67.05.
California’s Glendale Water & Power (GWP), in collaboration with Dominion Voltage Inc. (DVI), a grid-optimization subsidiary of Dominion Resources (D), has executed a full deployment license agreement for the use of DVI’s EDGE® advanced grid optimization solution.
GWP selected one feeder with about 3,800 electric meters for the pilot. DVI and GWP monitored the system and calculated energy savings from October 2014 through November 2014. The testing validated the predictable energy savings of 2.95 percent, well within the anticipated range of 2-4 percent. This reduction resulted in a savings of 87 megawatt hours (MWh) without requiring a change in customer behavior; when fully deployed, GWP anticipates to save more than 14,500 MWh each year.
EDGE® seamlessly integrates into a utility’s existing IT infrastructure and can obtain voltage readings from the existing AMI system. EDGE® optimizes the utilities’ field devices by issuing commands over an existing wide area network to optimize the distribution system voltage.
Dominion Resources, Inc. produces and transports energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. The DVP segment engages in regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina.
Apache Corporation (NYSE:APA)’s shares dropped -1.55% to $57.80.
Apache Corporation (APA) declared that after a 21-year career with the company, Rodney J. Eichler, executive vice president and executive advisor to the chief executive officer, will retire at the end of June.
Eichler joined the company in 1993 as regional exploration and development manager for the Rocky Mountain region in Denver and was promoted in 1996 to regional vice president for the Western Region in Houston. He moved to Egypt in 1997 as the vice president of Exploration and Production and became the regional vice president in 1999. He served in Egypt for 12 years before returning to Houston as the co-chief operating officer and president – International. In 2011, he was promoted to president and chief operating officer where he served for two years before taking on the role of chief executive officer - Kitimat LNG (Upstream) until the company’s LNG interests were sold in April 2015.
Apache Corporation, an independent energy company, explores, develops, and produces natural gas, crude oil, and natural gas liquids. It operates onshore and offshore assets primarily in the Permian Basin, the Anadarko basin in western Oklahoma, and the Texas Panhandle, Gulf Coast areas of the United States, in addition to in Western Canada. The company also operates assets in Egypt, Australia, and offshore the United Kingdom in the North Sea.
At the end of Thursday’s trade, TJX Companies Inc (NYSE:TJX)‘s shares dipped -0.47% to $67.29.
The TJX Companies, Inc. (TJX) declared the declaration of a quarterly dividend on its common stock of $.21 per share payable September 3, 2015, to shareholders of record on August 13, 2015.
The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX Europe. The company sells family apparel, counting footwear and accessories; home fashions, such as home basics, accent furniture, lamps, rugs, wall décor, decorative accessories, and giftware; and other merchandise. It operates stores under the T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, T.K. Maxx, and Sierra Trading Post names, in addition to operates e-commerce sites tjmaxx.com, tkmaxx.com, and sierratradingpost.com. The company operates about 3,300 stores. The TJX Companies, Inc. was founded in 1956 and is headquartered in Framingham, Massachusetts.
Retail Properties of America Inc (NYSE:RPAI), ended its Thursday’s trading session with 0.56% gain, and closed at $14.26.
Retail Properties of America Inc (RPAI) declared that it will release financial results for the second quarter ended June 30, 2015, after the market closes on Tuesday, August 4, 2015. The Company will host a conference call on Wednesday, August 5, 2015, at 11:00 AM (EDT) to talk about the financial results. In addition, the Company may talk about business and financial highlights, developments and trends and other matters affecting the Company.
Retail Properties of America, Inc. is a real estate investment trust. It engages in acquisition, development and administration of properties. The trust invests in the real estate markets of United States. Its portfolio comprises of retail properties, counting lifestyle, power, neighborhood, and community centers, in addition to single-user net lease properties.
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