On Tuesday, Shares of J. C. Penney Company, Inc. (NYSE:JCP), gained 1.49% to $8.88.
On April 28, J. C. Penney Company, declared that Mary Beth West, a highly accomplished consumer marketing executive, will join the Company`s executive leadership team as executive vice president and chief customer and marketing officer effective June 1, 2015. She will be stepping down from her position on its Board of Directors to assume this new role.
West has been a member of the JCPenney Board of Directors since 2005 and has served in numerous leadership positions at General Foods and Kraft, most notably as executive vice president and chief category and marketing officer of Kraft Foods. In joining JCPenney, West brings nearly 30 years of consumer and retail marketing experience to the Company with expertise in brand administration, integrated marketing communications and consumer insights and strategy. Most recently, West held the top marketing role with Mondelez International Inc., where she served as executive vice president and chief category and marketing officer.
J. C. Penney Company, Inc., through its partner, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, in addition to provides various services, counting styling salon, optical, portrait photography, and custom decorating.
Shares of Cypress Semiconductor Corporation (NASDAQ:CY), inclined 0.44% to $12.69, during its last trading session.
Cypress Semiconductor Corporation, and Arrow Electronics recently declared the winners of the PSoC® Pioneer Challenge, a global design competition that had engineers prototype new Internet of Things applications using Cypress’s PSoC 4 BLE Pioneer Kit.
The winner is Chuck Swiger of Charleston, W.V., whose electric bicycle data collection and logging system claimed the $2,500 grand prize. Swiger will showcase his winning design in the Cypress and Arrow booth number 2323 from May 15-17 at the Maker Faire Bay Area expo in San Mateo, Calif. Second place went to engineering student, David Levi, and three colleagues from California Polytechnic University, San Luis Obispo, who developed a sensor-based alarm-clock system, named Chipper, that will sound an alarm if the user tries to go back to sleep.
Cypress Semiconductor Corporation provides mixed-signal programmable solutions, specialized semiconductor memories, and integrated semiconductor solutions worldwide. The companys Memory Products division designs and manufactures static random access memory (SRAM) products and nonvolatile RAMs used to store and retrieve data in networking, wireless infrastructure and handsets, computation, consumer, automotive, industrial, and other electronic systems; and general-purpose programmable clocks.
At the end of Tuesday’s trade, Shares of Exelon Corporation (NYSE:EXC), gained 0.81% to $33.34.
Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon Corporation.
With summer just around the corner, ComEd is partnering with Nest® Labs and XFINITY to offer incentives of up to $40 to the first 10,000 ComEd customers who enroll in Nest’s Rush Hour Rewards™ or XFINITY Home’s Summer Energy Administration program. These smart thermostat programs, also called the demand-response plan, allow ComEd to reduce electricity demand on the hottest days of the summer through remote adjustment of thermostat settings. The customer is always in control, and can change the temperature anytime by simply adjusting the setting.
According to ComEd, a central air conditioning system can be one of the largest users of energy in a home. Using smart thermostats to reduce air conditioner use during peak demand periods can assist to decrease energy bills and demand placed on the electricity delivery system during the hottest times of the day.
Exelon Corporation, a utility services holding company, engages in the energy generation and delivery businesses in the United States. It owns electric generating facilities, such as nuclear, fossil, and hydroelectric generation facilities, in addition to wind and solar photovoltaic facilities.
Finally, California Resources Corporation (NYSE:CRC), ended its last trade with 3.65% gain, and closed at $8.24.
On April 30, California Resources Corporation declared an adjusted net loss1 of $97 million ($0.25 per diluted share) for the first quarter of 2015, contrast with an adjusted net income of $223 million ($0.57 per diluted share) for the first quarter of 2014. Adjusted EBITDAX for the first quarter of 2015 was $198 million contrast with $705 million for the first quarter of 2014.
Highlights Comprise:
- Record quarterly total production of 166,000 BOE per day and record crude oil production of 108,000 barrels per day
- First quarter 2015 Adjusted EBITDAX of $198 million
- Capital investment of $133 million in the first quarter of 2015
- Operating cash flow of $115 million in first quarter of 2015.
California Resources Corporation operates as an oil and natural gas exploration and production company in the State of California. It produces oil, natural gas, and natural gas liquids. The company holds interests in about 2.4 million net acres. It also gathers, processes, and markets oil and gas products, in addition to produces and sells power. The company is headquartered in Los Angeles, California.
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