On Friday, Shares of Macy’s Inc (NYSE:M), SUBTRACT -3.34% and closed at $35.57 in the last trading session. The last trading range of the stock ranges between $35.19 and $36.27. Macys, Inc., together with its auxiliaries, operates stores, Websites, and mobile applications in the United States. Its stores and Websites sell a range of merchandise, counting apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates stores that offer a range of women’s, men’s, and children’s apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry. As of August 11, 2016, it operated about 880 stores in 45 states, the District of Columbia, Guam, and Puerto Rico under the Macys, Bloomingdales, Bloomingdales Outlet, Macys Backstage, and Bluemercury names, in addition to Websites, counting macys.com, bloomingdales.com, and bluemercury.com. In addition, it operates as a beauty products and spa retailer.
Gevo, Inc. (NASDAQ:GEVO), DROPPED -2.64% and closed at $0.394 in the last trading session. The last trading range of the stock ranges between $0.36 and $0.41. The company’s Market capitalization is $49.14 Million with the total Outstanding Shares of 128.07 Million. Gevo, Inc. (GEVO), declared recently that it has accomplished production of the world’s first cellulosic renewable jet fuel that is specified for commercial flights. Gevo successfully adapted its patented technologies to convert cellulosic sugars derived from wood waste into renewable isobutanol, which was then further converted into Gevo’s Alcohol-to-Jet fuel (ATJ) fuel. This ATJ meets the ASTM D7566 specification allowing it to be used for commercial flights. The revisions to the ASTM D7566 specification, which occurred earlier this year, includes ATJ derived from renewable isobutanol, regardless of the carbohydrate feedstock (i.e. cellulosics, corn, sugar cane, molasses, etc.).
Gevo produced over 1,000 gallons of the cellulosic ATJ. Alaska Airlines is expected to fly the first commercial flight using this cellulosic jet fuel in the next few months. Gevo believes that this would be the first ever commercial flight flown with a cellulosic renewable jet fuel. This follows on the back of the two commercial flights that were flown by Alaska Airlines on Gevo’s ATJ in June of this year. The ATJ for the June flights was derived from isobutanol produced at Gevo’s Luverne, MN, production facility using sustainable corn as the sugar feedstock.
Yahoo! Inc. (NASDAQ:YHOO),LOST -0.43% and closed at $41.44 in the last trading session. The last trading range of the stock ranges between $41.40 and $42.25. The company’s Market capitalization is $39.27 Billion with the total Outstanding Shares of 951.78 Million. During the 52-week trading session the minimum price at which share price traded, registered at $26.15 and reached to max level of $44.92. Yahoo! Inc. (YHOO) will release its financial results for the third quarter ended September 30, 2016, after market close on Tuesday, October 18, 2016. Because of the pending transaction with Verizon, Yahoo will not have an earnings call or webcast for its third quarter results. Conpresently with release of its financial results, supplemental financial information will also be posted on the Company’s Shareholder Relations website.