News Updates: TASER International, Inc. (NASDAQ:TASR), Eastman Chemical Company (NYSE:EMN), Edison International (NYSE:EIX)

On Friday, Shares of TASER International, Inc. (NASDAQ:TASR), subtract -1.11% and closed at $28.61 in the last trading session. The last trading range of the stock ranges between $28.57 and $28.99. TASER (TASR) recently declared the receipt of an order for a total of 1604 TASER® X26P™ Smart Weapons for the Las Vegas Metropolitan Police Department. The order is an upgrade of older TASER weapons to the X26P Smart Weapon using the new TASER 60 annual payment plan that provides warranties and on-site spare equipment for these devices throughout the five-year period. The order for 1604 units was received in the third quarter and is anticipated to ship in the fourth quarter of 2016.

“This upgrade to our less-lethal weapons platform is part of our continuing efforts to bring new technology to the Las Vegas community, bringing greater levels of safety and transparency for both the officer and the citizens they serve,” Las Vegas Metro Police Department Sheriff Joseph Lombardo.

“We are passionate about technology that makes the world a safer place,” says Rick Smith, CEO and co-founder of TASER International. “Our mission is to make a TASER CEW available to every officer, so they have the best options available to avoid injury or death. Our TASER 60 plan provides a new, cleaner alternative for allowing Smart Weapons to be a budgetary line item providing better financial visibility.”

Eastman Chemical Company (NYSE:EMN), jumped 1.96% and closed at $67.68 in the last trading session. The last trading range of the stock ranges between $66.75 and $68.10. The company’s Market capitalization is $10.19 Billion with the total Outstanding Shares of 147.66 million.Eastman Chemical Company, a specialty chemical company, manufactures and sells materials, chemicals, and fibers in the United States and internationally. The company’s Additives & Functional Products segment offers solvents, counting specialty coalescents, ketones and esters, glycol ethers, and alcohol solvents; cellulose and polyester-based specialty polymers, and paint additives; insoluble sulfur products; antidegradants; hydrocarbon resins; specialty intermediates, performance products, and formic acid; and alkylamine derivatives. This segment’s products are used in the coatings, tires, consumables, animal nutrition, crop protection, and energy markets. Its Adhesives & Plasticizers segment manufactures adhesives resins and plasticizers used in the consumables, building and construction, health and wellness, industrial chemicals and processing, and durable goods markets. The company’ Advanced Materials segment provides specialty copolyesters, cellulose esters, polyvinyl butyral, and window film products for value-added end uses in transportation, consumables, building and construction, durable goods, and health and wellness products. Its Fibers segment offers Estron acetate tow and Estrobond triacetin plasticizers for manufacturing cigarette filters; Estron natural and Chromspun solution dyed acetate yarns for use in apparel, home furnishings, and industrial fabrics; and cellulose acetate flake and acetyl raw materials for other acetate fiber producers, in addition to acetyl chemical products. The company’s Specialty Fluids & Intermediates segment provides specialty fluids, acetyl chemical intermediates, olefin derivatives, and alkylamines used in industrial chemicals and processing, building and construction, health and wellness, and agrochemicals markets.

Edison International (NYSE:EIX), dropped -0.59% and closed at $72.25 in the last trading session. The last trading range of the stock ranges between $71.91 and $73.53. During the 52-week trading session the minimum price at which share price traded, registered at $57.51 and reached to max level of $78.72. SoCore Energy, one of the nation’s leading developers and operators of commercial and distributed solar generation and a partner of Edison International (EIX), declared recently that it has agreed to acquire equity interests in 22 community solar garden development projects in Minnesota as part of the SunEdison bankruptcy proceedings, subject to certain conditions. The acquisition of these equity interests was approved recently with an order from the US Bankruptcy Court in New York, for a total price of up to $79.8 million if all projects are accomplished.

Once constructed, these projects will provide up to 140 megawatts (MW) of solar generated power to meet the growing demand for renewable energy in the state. SoCore has existing solar installations in Minnesota focused on the needs of commercial customers and is developing several other solar projects to serve those customers, in addition to electric cooperatives in the state.

These new projects attained from SunEdison will form an integral part of SoCore’s expanding portfolio, with several projects commencing construction as early as the fourth quarter of 2016. SoCore is targeting completion of all project development and construction in 2017 using third-party tax equity and debt financing.

“We are excited to incorporate these high-quality projects into our development portfolio of assets in Minnesota,” said Robert Scheuermann, president of SoCore Energy. “These new solar projects will assist to strengthen and accelerate our ability to supply clean, reliable and cost competitive renewable energy to our customers in the state.”

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