Jana Partners is trying to block an expensive merger between two energy companies. The Barry Rosenstein-led activist hedge fund announced a 5.8 percent stake in Pittsburgh-based EQT Corporation on Monday, and is pushing the company to abandon its announced $6.7 billion acquisition of Rice Energy. The hedge fund is hoping to get more shareholders on...
NYS Entity Status
NYS Filing Date
AUGUST 04, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - MR. SNOW GREEN ENERGY CORPORATION
Around the Web
- Jana Partners tries blocking pricey energy company merger
By Carleton English - Monday Jul 3, 2017
- Apple Issues $1 Billion Green Bond Sale to Fund Renewable Energy
By Joe Rossignol - Tuesday Jun 13, 2017
Apple today issued a $1 billion green bond to fund renewable energy generation, according to Bloomberg.
Apple reportedly said it plans to use the proceeds to finance projects involving renewable energy resources and energy efficiency, including advancing its goal of achieving a closed-loop supply chain, through which products are made using only renewable resources and recycled material.
By turning to the debt market, Apple is able to fund its sustainability initiatives without tapping into its offshore cash reserves. Those dollars would be subjected to a 35 percent corporate tax rate if they were repatriated in the United States.
U.S. President Donald Trump has reportedly proposed offering a one-time tax holiday where companies like Apple can repatriate large amounts of foreign cash at a reduced tax rate of between 10 and 15 percent. But, as of this month, the relevant corporate tax laws have yet to be reformed in the country.
Apple's bond offering comes just two weeks after Trump withdrew the United States from the Paris climate accord, an agreement signed by over 140 countries that vow to reduce greenhouse gas emissions in an effort to mitigate climate change. Apple CEO Tim Cook said Trump's decision was "wrong for our planet."
An excerpt of Cook's internal memo to Apple employees:
Climate change is real and we all share a responsibility to fight it. I want to reassure you that today's developments will have no impact on Apple's efforts to protect the environment. We power nearly all of our operations with renewable energy, which we believe is an example of something that's good for our planet and makes good business sense as well.Apple's preliminary prospectus supplement filed with the Securities and Exchange Commission today confirms the bonds will mature in 2027. The sale was arranged by Goldman Sachs, Bank of America Merrill Lynch, and J.P. Morgan.
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- Generating Green Energy in a Chilean Desert
Saturday Aug 12, 2017
Chile is advancing in its goals for reliance on renewable energy, with South America’s first geothermal plant and a constellation of solar and wind farms.
- ‘Mr Robot’ Season 3 Trailer Is Seriously Bleak and Eerie (Video)
By Ashley Boucher, provided by
- Friday Aug 4, 2017
The trailer for Season 3 of USA’s “Mr. Robot” is here, and it features a creepy, disembodied voice reciting lyrics from Leonard Cohen’s “Democracy.”“It’s coming from the sorrow in the street, the holy places where the races meet,” the raspy voice says, as pictures of masked f-society members roam New York City, seemingly wreaking havoc.“Democracy is comin’ to the USA,” the raspy voice concludes, as the shot pans down on Elliott standing in front of the entrance of the E Corporation.
- Rangers make enormous splash with discount Kevin Shattenkirk
By Larry Brooks - Saturday Jul 1, 2017
For years and years and years, the Rangers essentially bribed free agents to come to New York with bloated contract offers in reverse auctions in which the organization sold its soul as the highest bidder. Saturday, the world spun 180 degrees when Kevin Shattenkirk, a New Rochelle native and resident who always dreamed of wearing...
- Boys recovering after fall from gorge that killed parents
By Associated Press - Tuesday Sep 26, 2017
BUFFALO, N.Y. — Two young boys whose parents died in a fall off a 200-foot cliff during a family hiking trip with them are out of the hospital and are recovering at home. Relatives of 4-year-old Alexander Green and 7-year-old Jacob Green said Tuesday the boys are surrounded by family and friends as they recover...