On Monday, Shares of Lockheed Martin Corporation (NYSE:LMT), gained 2.48% to $211.73.
The Ministry of Defence of the Republic of Latvia and Lockheed Martin (LMT) signed a contract for three TPS-77 Multi-Role Radars (MRR) for use in air surveillance and to complement radar assets already in place.
“Purchase of “TPS-77″ MRRs will mean a huge investment in the strengthening of defence capabilities of National Armed Forces and gives us the chance to act accordingly to modern threats facing all NATO countries,” emphasizes Minister of Defence of Latvia Raimonds Bergmanis.
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It also provides administration, engineering, technical, scientific, logistics, and information services.
Shares of Brookfield Asset Administration Inc (NYSE:BAM), inclined 1.88% to $32.59, during its last trading session.
Brookfield Asset Administration Inc., declared the completion of its formerly declared Class A Preference Shares, Series 44 issue in the amount of C$250,000,000. The offering was underwritten by a syndicate led by Scotiabank, CIBC, RBC Capital Markets, and TD Securities Inc.
Brookfield issued 10,000,000 Series 44 Shares at a price of C$25.00 per share, for total gross proceeds of C$250,000,000. Holders of the Series 44 Shares will be entitled to receive a cumulative quarterly fixed dividend yielding 5.00% annually for the initial period ending December 31, 2020. Thereafter, the dividend rate will be reset every five years at a rate equal to the greater of: (i) the 5-year Government of Canada bond yield plus 4.17%, and (ii) 5.00%. The Series 44 Shares will commence trading on the Toronto Stock Exchange this morning under the ticker symbol BAM.PF.H.
Brookfield Asset Administration Inc. is a publicly owned asset administration holding company. Through its auxiliaries the firm invests in the property, power, and infrastructure sectors.
At the end of Monday’s trade, Shares of Werner Enterprises, Inc. (NASDAQ:WERN), gained 0.55% to $25.52.
Werner Enterprises, declared its acquisition of the American Institute of Trucking (AIT) and Roadmaster Drivers School. These investments assist further Werner’s commitment to securing the success of the next generation of professional drivers for the entire trucking industry.
“Trucking is the backbone of our nation’s economy, and our future depends on making sure we have the best professional drivers in place to deliver this freight,” said Derek Leathers, Werner president and COO. “This was a long-term planned investment to ensure a stable flow of highly trained student truck drivers in a time when the entire industry is facing a noteworthydriver shortage.”
As a forward-thinking leader in the transportation industry, Werner saw an opportunity with school partners that would benefit the trucking industry as a whole. Working with both AIT and Roadmaster for many years, Werner has witnessed the solid administration and quality output these companies produce in the commercial truck driver training field, in addition to common business aims.
Werner Enterprises, Inc., a transportation and logistics company, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce. The company operates in two segments, Truckload Transportation Services and Value Added Services.
Finally, JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO), ended its last trade with -2.27% loss, and closed at $8.19.
The mean short term price target for JA Solar Holdings, Co., Ltd. (NASDAQ:JASO) has been established at $12.33 per share. The higher price target estimate is at $19 and the lower price target estimate is predictable at $8 according to 3 Analyst. The stock price is predictable to vary based on the estimate which is suggested by the standard deviation value of $5.86
JA Solar Holdings Co., Ltd., together with its auxiliaries, designs, develops, manufactures, and sells photovoltaic solar cells and solar power products based on crystalline silicon technologies. The company’s principal products comprise monocrystalline and multicrystalline solar cells and modules.
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