Spectra Energy Corp. (NYSE:SE) plans to invest $1 billion per year through 2015 on growth projects. These include the expansion of Spectra Energy Partner’s (SEP) Texas Eastern Pipeline systems. On completion, which is slated for 2017, the Texas Eastern pipeline systems will be able to move 2 billion cubic feet of supply per day to the Gulf Coast and Midwest markets. Spectra Energy Corp. (NYSE:SE) net profit margin is 19.40% and weekly performance is 0.95%. On last trading day company shares ended up $40.19. Analysts mean target price for the company is $39.92. Spectra Energy Corp. (NYSE:SE) distance from 50-day simple moving average (SMA50) is 5.70%.
Aon plc (NYSE:AON) the global partner of Manchester United and the leading provider of global risk management and human resources solutions (AON), congratulated Louis van Gaal on being named the new manager of Manchester United. Aon Plc (NYSE:AON) shares advanced 0.82% in last trading session and ended the day on $87.73. Its return on assets is 3.90%. Aon Plc (NYSE:AON) quarterly performance is 3.02%.
SanDisk Corporation (NASDAQ:SNDK) a global leader in flash storage solutions, announced that the company’s Trademark, Advertising and Brand Protection group has won the “North America Team of The Year” award by the World Trademark Review (WTR). The team was recognized for best practices in trademark prosecution, enforcement of brand rights, and support of recent enterprise acquisitions. SanDisk Corporation (NASDAQ:SNDK) shares moved up 1.48% in last trading session and was closed at $92.72, while trading in range of $91.96 – $93.17. SanDisk Corporation (NASDAQ:SNDK) year to date (YTD) performance is 32.23%.
On May 7, Tronox Limited (NYSE:TROX) reported first quarter 2014 revenue of $418 million compared to $470 million in the first quarter 2013 and $436 million in the fourth quarter 2013. Adjusted EBITDA was $77 million in the first quarter excluding a $13 million net lower of cost or market (LCM) charge versus $73 million in the prior-year quarter and $96 million in the prior quarter. Adjusted net loss attributable to Tronox Limited in the first quarter was $58 million, or $0.51 per diluted share, versus an adjusted net loss of $51 million, or $0.45 per diluted share, in the year-ago quarter and an adjusted net loss of $48 million, or $0.42 per diluted share, in the prior quarter. Tronox Ltd (NYSE:TROX) ended the last trading day at $26.13. Company weekly volatility is calculated as 4.41% and price to cash ratio as 2.01. Tronox Ltd (NYSE:TROX) showed a positive weekly performance of 8.47%.
Japan’s Panasonic Corporation (ADR) (OTCMKTS:PCRFY) said on Wednesday it’s examining US electric automaker Tesla Motors Inc’s plans for a lithium battery factory before the electronics firm decides how much to invest in it. Yoshio Ito, senior managing executive officer at Panasonic, said that division of responsibilities and share of ownership in the factory would be key factors in its decision. Panasonic had already sent a letter of intent to Tesla, he added. Panasonic Corporation (ADR) (OTCMKTS:PCRFY) On last trading day company shares ended up $10.48.