On Monday, TECO Energy, Inc. (NYSE:TE)’s shares inclined 0.33% to $18.15.
Peoples Gas System, Florida’s largest natural gas distribution utility, is part of the TECO Energy family of companies. Peoples Gas serves more than 350,000 customers across Florida. TECO Energy Inc. (TE) is an energy-related holding company with regulated electric and gas utilities in Florida and New Mexico: Tampa Electric, Peoples Gas System and New Mexico Gas Co. Other TECO Energy auxiliaries comprise TECO Coal, which owns and operates coal-production facilities in Kentucky, Tennessee and Virginia.
Peoples Gas, Florida’s largest natural gas distribution utility with more than 350,000 customers, led the country’s utilities in brand trust according to a recent trusted brand and customer engagement survey conducted by Cogent Reports, a division of Market Strategies International. “We are proud to be recognized by our customers as a trusted brand,” said Bruce Narzissenfeld, vice president of Customer Service. “We work hard to deliver reliable and affordable energy with a strong focus on customer service that exceeds customer expectations.”
The web-based survey looked at 125 electric, natural gas and combination utilities across the country. More than 25,000 residential utility customers responded.
TECO Energy, Inc., an electric and gas utility holding company, engages in the regulated electric and gas utility operations. It generates, purchases, transmits, distributes, and sells electric energy to retail customers, in addition to to utilities and other resellers of electricity in West Central Florida; and has electric generating plants with a winter peak generating capacity of 4,668 megawatts.
PDI, Inc. (NASDAQ:PDII)’s shares gained 28.17% to $1.82.
PDI, Inc. (PDII) partner Interpace Diagnostics declared that effective June 2015, ThyGenX™,i the company’s genetic mutation panel, has been approved by Aetna for assessing fine needle aspiration (FNA) samples from indeterminate thyroid nodules. Aetna’s coverage decision now means that ThyGenX is considered medically necessary. Aetna covers 46 million lives and its positive coverage decision brings the total number of lives covered for ThyGenX to more than 100 million.
About 15-30% of the 525,000 thyroid FNA’s performed on an annual basis are indeterminate based on standard cytological evaluation, and thus are candidates for ThyGenX. ThyGenX has been validated in a prospective, clinical study involving over 600 patients and has a specificity rate of 89%.ii
PDI, Inc. provides outsourced commercial services to pharmaceutical, biotechnology, diagnostics, and healthcare companies in the United States. It operates in two segments, Commercial Services and Interpace Diagnostics. The Commercial Services segment offers outsourced sales teams that target healthcare providers, providing a range of complementary sales support services designed to achieve its customers’ planned and financial product objectives.
At the end of Monday’s trade, Gramercy Property Trust Inc (NYSE:GPT)‘s shares surged 1.2% to $22.81.
Gramercy Property Trust Inc (GPT) revealed a $300.5-million portfolio acquisition in addition to a 10% hike in its quarterly dividend. The company has also offered an updated outlook for 2015.
Specifically, Gramercy Property closed on a 20-year sale leaseback deal with Life Time Fitness Inc. for acquiring a portfolio of 10 large-format, high-end fitness centers for around $300.5 million. These properties are positioned in key markets across the U.S., spanning about 1.3 million square feet. The company projects net operating income in the first year to be around $19.5 million.
For the second quarter of 2015, Gramercy Property declared a dividend of 22 cents per share. This marked a 10% rise over the prior-quarter dividend payout. The raised dividend would be paid on Jul 15 to stock holders of record on Jun 30.
Besides, Gramercy Property revealed its expectations for core funds from operations (“FFO”) for the second half of 2015 at over $1.00 per share, while predicting second-quarter core FFO in a range of 43–45 cents per share. The Zacks Consensus Estimate for the second quarter presently stands at 47 cents per share.
Gramercy Property Trust Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It makes investments in industrial and office properties to create its portfolio. The firm was formerly known as Gramercy Capital Corp. Gramercy Property Trust Inc was founded in 2004 and is based in New York City with additional offices in St. Louis, Missouri and Jenkintown, Pennsylvania.
Eastman Chemical Company (NYSE:EMN), ended its Monday’s trading session with -2.17% loss, and closed at $78.46.
Eastman Plans Second-Quarter 2015 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast on Monday, July 27, 2015 About 5:00 p.m. Eastern Time.
Eastman Chemical Company, a specialty chemical company, manufactures and sells materials, chemicals, and fibers in the United States and internationally. The company’s Additives & Functional Products segment offers solvents, such as specialty coalescents and ketones and esters, glycol ethers, and alcohol solvents; cellulose and polyester-based specialty polymers, and paint additives; insoluble sulfur products; antidegradants; hydrocarbon resins; specialty intermediates, performance products, and formic acid; and alkylamine derivatives.
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