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$SRE 2Q15 Call: First year of our current 5-year plan, we’ve already secured 5 new projects. At US Gas & Power we’ve added 2 new solar projects at our Mesquite Facility, this adds to Black Oak Getty wind project. In Mexico, IEnova was awarded another CFE pipeline project in July. California Utilities made headway on GRC and rate reform initiatives.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.