On Friday, Shares of Cytec Industries Inc. (NYSE:CYT), surged 0.95% to $55.30.
Cytec Industries, declared that its board of Directors elected Dr. Carmelo Lo Faro as Vice President and Chief Technology Officer of Cytec Industries Inc. effective right away. In this capacity, Carmelo will have the responsibility for driving the company`s technology and innovation strategy in addition to collaborating with key partners counting customers, suppliers, and the academic community. He will become a member of Cytec`s Executive Leadership Team.
Carmelo holds a Doctorate of Science degree in Material Science and a Master`s degree in Mechanical Engineering from Catania University and an MBA from Arizona State University.
Cytec Industries Inc., a specialty materials and chemicals company, focuses on developing, manufacturing, and selling value-added products for aerospace and industrial materials, mining, and plastics industries. The company operates through four segments: Aerospace Materials, Industrial Materials, In Process Separation, and Additive Technologies.
Shares of Pengrowth Energy Corporation (NYSE:PGH), gained 0.88% to $3.43, during its last trading session.
Pengrowth Energy Corporation, plans to release its 2015 first quarter results on Thursday, May 7, 2015, following the close of equity markets. A conference call and listen only audio webcast will be held on Friday, May 8, 2015, starting at 6:30 AM Mountain Time (MT), during which administration will review Pengrowth’s results and respond to questions from the investment community.
Pengrowth Energy Corporation engages in the acquisition, development, exploration, and production of oil and natural gas assets in the Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. It primarily explores for crude oil, bitumen, natural gas, and natural gas liquids.
At the end of Friday’s trade, Shares of Barrick Gold Corporation (NYSE:ABX), gained 0.87% to $12.76, as gold rallied on U.S. inflation data, according to Reuters.
The rise in U.S. consumer prices in March muted speculation that the Federal Reserve will delay its first interest rate hike in about a decade, Reuters reports.
U.S. gold futures for June delivery closed at $1,203.10 an ounce recently, while spot gold was up 0.6% at $1,204 an ounce.
Barrick Gold Corporation produces and sells gold and copper. The company is also involved in exploration and mine development activities.
Finally, PG&E Corporation (NYSE:PCG), ended its last trade with 0.85% gain, and closed at $52.36.
The 6.0 Napa earthquake last August was a wake-up call for many California families and businesses to take earthquake plans seriously. After the quake, PG&E Corporation, initiated its emergency plans to restore power to all influenced customers in about 26 hours and to quickly assess the safety of the gas system. Many customers’ emergency plans were also put to the test. During Earthquake Preparedness Month in April, PG&E reminds customers how important it is to be ready to assist reduce the possibility of injuries and damage to property that may occur during a quake.
PG&E and its customers have benefitted from major advancements in infrastructure, technology and preparedness to make its systems and the communities it serves more resilient to earthquakes. Investments in infrastructure, better construction techniques and stronger, more flexible materials have hardened PG&E’s gas and electric systems; particularly in fault areas.
PG&E Corporation, through its partner, Pacific Gas and Electric Company, transmits, delivers, and sells electricity and natural gas to residential, commercial, industrial, and agricultural customers primarily in northern and central California.
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