Wal-Mart & SolarCity Complete Solar Installations and 2 Other Dow Movers To Watch
Wal-Mart Stores (NYSE:WMT): Current price $75.10
Working jointly with SolarCity, Wal-Mart has finished solar installations at 8 Wal-Mart stores and 2 Sam’s Club stores in Maryland. SolarCity installs, owns, and maintains solar power systems for the retailing behemoth. It is anticipated that these solar panels will generate around 4.1 million kilowatt hours of electricity per year, which would be sufficient to power almost 370 homes. In March, Wal-mart and SolarCity, agreed to install solar panels at 12 Wal-mart stores and Sam’s Clubs throughout Ohio, which should add close to 6 million kilowatt hours of renewable energy per year.
Alcoa (NYSE:AA): Current price $7.74
Alcoa and the open joint Stock company RUSNANO signed a memorandum of understanding by which to make technologically advanced oil and gas aluminum drill pipe that is finished with a life-extending antiwear coating. The life of the aluminum pipe should be prolonged by between 30 and 40 percent in aggressive and corrosive drilling environments with antiwear nano-coating, versus uncoated aluminum pipe. Both companies propose to try out the potential application of a nanotechnology-based coating for the aluminum drill pipe to supplement wear resistance in unfavorable corrosive drilling environments, with the assistance of Alcoa Technical Center.
The Coca-Cola Company (NYSE:KO): Current price $40.35
According to a beverage industry newsletter released on Wednesday, Coca-Cola intends to introduce a new mid-calorie cola in Argentina named “Coca-Cola Life,” which will be sweetened with sugar and the naturally occurring no-calorie sweetener stevia. While Coke uses stevia in certain other products like Vitaminwater Zero and Fanta Select, this would represent a first for its flagship cola. Natural, low-calorie sweeteners are currently perceived as the ultimate goal for soft drink makers like Coke, PepsiCo and Dr Pepper Snapple Group, while consumers become increasingly health-conscious.
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