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Thursday 23 April 2015
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Stocks Nose-dived Tuesday - Real Goods Solar, (NASDAQ:RGSE), NeuStar, (NYSE:NSR), First Majestic Silver, (NYSE:AG), Evercore Partners, (NYSE:EVR)

On Tuesday, Real Goods Solar, Inc. (NASDAQ:RGSE)’s shares declined -7.84%, and closed at $0.24, as one of the nation’s largest and most recognized rooftop installers of solar equipment, and OneRoof Energy, Inc., a leading residential solar services provider and wholly-owned partner of OneRoof Energy Group, Inc. (ON.V), have reached a contract to jointly offer comprehensive solar solutions to residential solar customers in New York, Massachusetts and California.

RGS Energy will originate residential solar power purchase contract (PPA) projects with RGS Financing, Inc., the in-house solar financing division for RGS Energy, with the OneRoof Energy partnership allowing RGS to expand its in-house financing to new states and further broaden its product offering to comprise PPAs. OneRoof Energy will provide the funding for RGS Energy’s in-house financing for PPAs, in addition to perform engineering, procurement, permitting and construction (EPC) services. The integrated solution offers solar customers an array of flexible financing options, seamless panel design, permitting, installation, project administration and lifetime monitoring.

“Our synergistic partnership with RGS Energy, a proven leader in marketing and distribution, allows us to focus on our core strengths of EPC and PPA financing to make solar energy affordable and accessible for homeowners,” said OneRoof Energy president and chief executive officer, David Field. “OneRoof Energy’s state-of-the-art proprietary design and quote technology will be shared by both companies which has been proven to shorten install times and reduce cancellations while making going solar a simple process. Our integrated offering will initially be marketed in New York, Massachusetts and California, with plans to expand to additional solar markets this year.”

Dennis Lacey, RGS Energy’s chief executive officer, commented: “Over the last year, we have invested in and built out our in-house financing division. The OneRoof Energy partnership supports our continued growth and development of the division through a broader product offering, in addition to gives us access to noteworthy PPA funds which have been secured for residential financing and ready to be used in key states.”

Real Goods Solar, Inc. operates as a residential and commercial solar energy engineering, procurement, and construction corporation in the United States. It operates in three segments: Residential, Sunetric, and Other. The corporation offers solar energy services, counting design, procurement, permitting, build-out, grid connection, financing referrals, and warranty and customer satisfaction.

NeuStar, Inc. (NYSE:NSR)’s shares dropped -6.01%, and settled at $25.82, during the last trading session on Tuesday, as real-time information services and analytics provider, declared that Internet of Things (IoT) industry luminary Hank Skorny has joined the corporation as Senior Vice President, IoT.

With more than 25 years of leadership, product marketing and administration expertise, Mr. Skorny will drive Neustar’s IoT strategy, counting the development of adjacent and new services for the IoT, which will complement Neustar’s existing services and markets.

Preceding to joining Neustar, Mr. Skorny served as the Vice President of Software & Services Group and General Manager of the Intel Services Division at Intel Corporation, where he was responsible for the strategy and delivery of unified software services across device and operating systems counting enterprise, cloud, IoT and developers.

Skorny has extensive experience in the mobile software and services industry, having served as Chief Strategy Officer and Senior Vice President of RealNetworks, Inc., and President and Chief Executive Officer of mobile messaging startup, Thumbspeed, Inc. until its successful attainment. Formerly, Mr. Skorny served as General Manager for AOL Mobile, where he pioneered the mobile messaging business and grew it to millions of users per month.

Earlier in his career, Mr. Skorny directed product administration, marketing and development teams at Adobe Systems, Microsoft and Apple Computer.

NeuStar, Inc. provides real-time information services and analytics worldwide. The corporation serves marketing and security functions in the communications, financial services, media and advertising, retail and e-commerce, Internet, and technology industries. Its integrated marketing solution enhances clients’ ability to attain and retain valuable customers across disparate platforms.

At the end of Tuesday’s trade, First Majestic Silver Corp. (NYSE:AG)’s shares dipped -5.81%, and closed at $5.35, after First Majestic Silver, declared the promotion of Mr. Martin Palacios to the newly created position of Chief Transformation Officer (CTO). Since joining the Corporation in January 2012 as the Chief Information Officer (CIO), Mr. Palacios has played an integral part in diagnosing the Corporation’s information needs and crafted the Corporation’s mandate to ensure data integrity in what he defined as the “mining data value chain”.

This data chain concept comprises on mapping, tracking and aggregating key data from the mine planning process all the way to finished goods and mineral sales. With this new mandate and focus, Mr. Palacios installed and implemented numerous informational systems where key data flows are digitally imported into SAP, which is the center piece of the applications portfolio. Total implementation time of SAP and most of its modules, which began in January 2013 , took 25 weeks to complete. The applications implemented comprise: Enterprise Resource Administration - ERP (SAP), Production accounting and metallurgical balance, Laboratory Information System - LIMS (Labware), Materials Movement, Microsoft SharePoint - Document repository interaction, QlikView - business intelligence platform, in addition to lime-feed, ore haulage and concentrate scale automated systems. Using QlikView as the primary interface, the Corporation now has several information dashboards covering the full spectrum of real-time data transacted across the Corporation providing complete operational and financial visibility at each of the five operating mines.

First Majestic Silver Corp. engages in the attainment, exploration, development, and production of mineral properties with a focus on silver projects in Mexico. The corporation owns and operates five producing mines, counting the La Encantada silver mine in Coahuila State, the La Parrilla silver mine in Durango State, the Del Toro silver mine in Zacatecas State, the San Martin silver mine in Jalisco State, and the La Guitarra silver mine in Mexico State.

Evercore Partners Inc. (NYSE:EVR), ended its Tuesday’s trading session with -5.39% loss, and closed at $46.88, as an independent investment banking will release its first quarter 2015 financial results on Wednesday, April 22, 2015. Evercore will host a related conference call starting at 8:00 a.m. Eastern Time that same day, accessible via telephone and the internet.

Ralph L. Schlosstein, President and Chief Executive Officer, Roger C. Altman, Executive Chairman, and Robert B. Walsh, Chief Financial Officer, will review the Firm’s first quarter 2015 financial results. Following the review, there will be a question and answer session. This conference call is predictable to last about one hour and an audio webcast will be accessible on the Investor Relations section of Evercore’s website at www.evercore.com.

Evercore Partners Inc. operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. The corporation operates through two segments, Investment Banking and Investment Administration. The Investment Banking segment offers advisory services on mergers, attainments, divestitures, leveraged buyouts, and related corporate finance matters; capital markets advice regardingdebt and equity securities; and services related to securities underwriting, private fund placement services, and commissions for agency-based equity trading services and equity research.

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