On this day in economic and business history...
The first public gas utility company in the Western Hemisphere -- and one of the earliest known public utilities anywhere -- was born in a museum on Baltimore's Holliday Street on June 11, 1816. Museum proprietor Rembrandt Peale awed his patrons that day with a "ring beset with gems of light" fueled by coal gas, and the event planted the notion of lighting the streets of Baltimore in his mind. A week later, Peale obtained government approval for his plan to lay gas pipelines under the streets to light public lamps, and the Gas Light Company of Baltimore was born.
"A History of the Consolidated Gas Electric Light and Power Company of Baltimore," written in 1928 by Delbert B. Lowe, recounts the origins of this groundbreaking utility and the pre-natural-gas fuel it used:
Best Gas Utility Companies To Buy Right Now: Taku Gold Corp (TAK.V)
Taku Gold Corp., a mineral resource company, engages in the acquisition, exploration, and development of precious metal properties in Canada. The company primarily explores for gold and silver ores. Its principal properties includes the TAG gold-silver property consisting of 26 claims covering an area of approximately 2,429 hectares located in the Tagish Lake region of northern British Columbia, Canada; and the White Gold District properties comprising 3,233 claims covering an area of approximately 66,920 hectares located in the Yukon Territory, Canada. The company was incorporated in 1999 and is headquartered in Vancouver, Canada.
Best Gas Utility Companies To Buy Right Now: Convergys Corporation (CVG)
Convergys Corporation provides relationship management solutions in North America and internationally. Its Customer Management segment offers agent-assisted, self-service, and intelligent technology care solutions, including customer service, customer retention, sales, technical support, social interaction, collections management, back office, business-to-business, customer experience applied analytics, and intelligent interaction solutions for communications, financial services, technology, retail, healthcare, and government markets. This segment also provides premise-based and hosted automated self-care and technology solutions; speech recognition solutions; and license, professional, consulting and maintenance, and software support services. Convergys Corporation was founded in 1998 and is headquartered in Cincinnati, Ohio.
10 Best Insurance Stocks To Own Right Now: Smiths Group(SMIN.L)
Smiths Group plc engages in the development, manufacture, sale, and support of products and services for the threat and contraband detection, energy, medical devices, communications, and engineered components markets worldwide. The company offers security equipment, including trace detection, millimetre-wave, infrared, biological detection, and diagnostics that detect and identify explosives, narcotics, weapons, chemical agents, biohazards, nuclear and radioactive material, and contraband. It also provides mechanical seals, seal support systems, engineered bearings, power transmission couplings, specialist filtration systems, and other hardware products for the oil and gas, chemical, pharmaceutical, pulp and paper, and mining sectors. In addition, the company offers medical devices aligned to specific therapies, primarily airway, pain and temperature management, infusion, needle protection, critical care monitoring, and vascular access. Further, it provides electronic and radio frequency products that connect, protect, and control critical systems for the wireless telecommunications, aerospace, defense, space, medical, rail, test, and industrial markets; and engineered components comprising ducting, hose assemblies, and heating elements that move and heat fluids and gases for the aerospace, medical, industrial, construction, and domestic markets. The company was founded in 1851 and is headquartered in London, United Kingdom.
Best Gas Utility Companies To Buy Right Now: Acme Packet Inc.(APKT)
Acme Packet, Inc. provides session delivery network solutions that enable the delivery of voice, video, data, and unified communications services and applications across Internet protocol (IP) networks. Its Net-Net product family consists of session border controllers that control session delivery across defined border points; session managers, which manage user access and interface application servers; multiservice security gateways for securing session delivery of data and voice services over untrusted Internet and wireless fidelity access networks; and diameter signaling controllers. The company?s Net-Net products also comprise session-aware load balancers that scales border control for SBC, MSG, and DSC deployments; session routing proxies that route sessions to/from access and interconnect borders; application session controllers for enabling server applications to initiate and control sessions; and session recorders, a complete software-based IP session recording so lution, which performs session recording for the session delivery network. In addition, it offers purpose-built hardware platforms, including Net-Net 3820, 4500, 9200, and 14000; and Net-Net Central, a management platform that delivers configuration and fault, and performance and security management for its session delivery networks. Further, the company offers products that provide core session delivery network functions inside data centers as software products; and pre-installation and post-installation, and training services. Acme Packet, Inc. markets and sells its products and support services through distribution partners and sales force. It serves local exchange and long distance providers, international service providers, cable operators, Internet telephony service providers, voice application service providers, wireless service providers, enterprises, contact centers, universities, and government agencies worldwide. Acme Packet, Inc. is headquartered in Bedford, Mass achusetts.
Best Gas Utility Companies To Buy Right Now: Dragonwave Inc (DWI.TO)
DragonWave Inc. provides wireless Ethernet equipment for Internet protocol networks worldwide. It designs, develops, markets, and sells carrier-grade microwave radio frequency networking equipment that wirelessly transmit broadband voice, video, and other data between two points. Its products have application in the backhaul function in a wireless communications network. The company also offers solutions, including leased line replacement, last mile fiber extension, and enterprise networks, as well as provides pseudowire technology. It serves service providers, government agencies, enterprises, and other organizations. The company was founded in 2000 and is headquartered in Ottawa, Canada.
Best Gas Utility Companies To Buy Right Now: Fastenal Company(FAST)
The Company Is Engaged As A Wholesaler And Retailer Of Industrial And Construction Supplies. The Industrial And Construction Supplies Were Grouped Into Ten Product Lines: Fasteners, Tools And EquipmeNt, Cutting Tools And Abrasives, Hydraulics, Pneumatics, Plumbing And Hvac, Material Handling, Storage And Packaging, Janitorial Supplies, Chemicals And Paints, Electrical Supplies, Welding Supplies, Safety Supplies And Metals, Alloys And Materials.
Advisors' Opinion:- [By Beacon Equity]
Fastenal Company (NASDAQ: FAST) is down 4.68% to $64.34 on volume of 1.27 million shares, despite posting upbeat earnings. The industrial fastener maker reported a 42% year-over-year increase in its Q1 net income as revenue jumped 23% to $640.6 million, citing rising sales and the strengthening of the Canadian dollar. (NASDAQ:FAST), (FAST)
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