SAP Announces App Plans and 3 Hot Stocks Buzz Tuesday
The Home Depot, Inc. (NYSE:HD) said that markets with negative comps were primarily in the Northeast. They noted major markets in Florida and California quarter-over-quarter comp improvement, with growth rates above company average, as indications of “continuing healing in the housing market.”
SAP (NYSE:SAP) announced plans to deliver six new mobile apps for Windows 8 to bring innovation to their customers. SAP also announced forthcoming support for Windows 8 development on the leading SAP Mobile Platform as well as security enhancements to the SAP Afaria mobile device management solution. Through these applications, platform support and security enhancements, SAP will extend business processes to Windows 8 which will help to accelerate a business’s ability to run better with devices using different form factors.
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Clean Energy Fuels Corp. (NASDAQ:CLNE): GE (NYSE:GE) and Clean Energy Fuels Corp. announced a partnership to expand the infrastructure for natural gas transportation in the United States. The agreement supports Clean Energy’s efforts in developing “America’s Natural Gas Highway,” a fueling network that will allow trucks to operate on Liquefied Natural Gas, or LNG, coast to coast and border to border. Truck fleets often can reduce fuel costs by more than 25% and lower emissions with LNG. GE’s Micro LNG plant can liquefy natural gas at any point along a gas distribution network and this will make it perfect to fuel vehicles in isolated locations by lowering the impact of long distance fuel shipment. As part of the collaboration, Clean Energy Fuels will first acquire two eco-magination-qualified MicroLNG plants from GE Oil & Gas. The plug-and-play modular units, which are designed to rapidly liquefy natural gas while minimizing a site’s physical footprint, will support fueling stations along critical transportation corridors that run across the U.S. Further underscoring GE’s commitment to expanding natural gas transportation infrastructure, GE Energy Financial Services is providing up to $200 million in financing for the two GE MicroLNG plants.
Dick’s Sporting Goods Inc. (NYSE:DKS): said that a 1c ernings per share impact is related to start up costs for a new distribution center. This is from comments that were made on their third quarter earnings conference call.