Active Morning Movers: Waste Administration, Inc. (NYSE:WM), SunPower Corporation (NASDAQ:SPWR), Targa Resources Partners LP (NYSE:NGLS)

Share of Waste Administration, Inc. (NYSE:WM) jumped 0.91% and is at $53.20 in the Real-Time trading session. The company opened at $52.98 on Monday, and is moving between $ 52.73 – $53.26, through the day.

Waste Administration (WM) released its 2015 Sustainability Report, which provides updated data to the company’s full 2014 report titled “Creating a Circular Economy”. The report comprises progress on the company’s 2020 Sustainability Aims, Sustainability Key Performance Indicators and 2014 awards received.

In the report, the company’s president and chief executive officer, David Steiner, highlights the important and growing focus on making recycling sustainable over the long term.

“In 2014 and 2015, Waste Administration has been laser-focused on raising the profile of the importance of recycling, counting how to make it efficient and sustainable — both economically and environmentally,” said Steiner. “If recycling is going to be sustainable over the long term, we must have honest conversations about cost. We must have a clear understanding of the benefits. And, we must all work together to assist drive much-needed solutions.”

SunPower Corporation (NASDAQ:SPWR) inclined 1.71% right now and is at $29.14. The 52-week range of the share price is from $18.25 – $ 35.11. The company has total market capitalization of $3.99 billion.

The following statement is from Tom Werner, Sun Power president and CEO, on congressional approval of the Solar Investment Tax Credit (ITC) extension:

With Congressional approval on a five-year extension of the Solar Investment Tax Credit (ITC), we have a fresh runway that will only accelerate the global energy transformation to clean, sustainable sources such as solar. The ITC extension provides a sense of certainty that allows for new investments that might not have been possible in its absence.

Every day, we see increasing numbers of homeowners, public agencies and businesses taking advantage of the benefits of solar power. Beyond our industry, this is good for families and for the bottom line of every sector, and will assist achieve environmental and economic aims well into the future.

Shares of Targa Resources Partners LP (NYSE:NGLS), lost -9.99%, and is now trading at $13.78. Its overall volume is 500.00 million shares right now, and average trading volume of 2.06 million.

Targa Resources Partners LP, declared its monthly distribution on the Partnership’s 9.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (Series A Preferred Units) for December 2015.

Targa Resources Partners LP declared recently that the board of directors of its general partner has declared a monthly cash distribution of 18.75¢ per Series A Preferred Unit, or $2.25 per Series A Preferred Unit on an annualized basis, for December 2015. This cash distribution will be paid January 15, 2016 on all outstanding Series A Preferred Units to holders of record as of the close of business on December 31, 2015.


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About Travis Garlick 1791 Articles
Been writing about and trading stocks since 2013. Manage a group of micro-cap investors on Facebook with over 15,000 members. Turned $8,500 into 185k the first year I started trading stocks and haven't looked back.