The deal was recorded as Wanxiang officially closed on the purchase of Fisker's assets on Friday and Monday, said Paul Cumberland, Wanxiang America's director of investments.
The Delaware property near Newport was sold for $18 million, the same price Fisker paid for it in 2010, the county reported.
The buyer was WX Delaware Real Estate Holding Co., based in Elgin, Ill., said Antonio Prado, county spokesman.
Prado said the county and state each received $270,000 in real estate transfer taxes.
STORY: Delaware judge approves Fisker asset sale
STORY: Wanxiang lifts cash bid to win Fisker asset sale
Best Construction Stocks To Buy For 2015: Sun Hydraulics Corp (SNHY)
Sun Hydraulics Corporation (Sun) designs, manufactures, and sells screw-in cartridge valves and manifolds used in hydraulic systems. The Company has facilities in the United States, the United Kingdom, Germany, Korea, France, and China. Sun Hydraulik Holdings Limited (Sun Holdings), a wholly owned subsidiary of Sun was formed to provide a holding company for the European market operations; its wholly owned subsidiaries are Sun Hydraulics Limited (Sun Ltd.) and Sun Hydraulik GmbH (Sun GmbH). Sun Ltd. operates a manufacturing and distribution facility located in Coventry, England, and Sun GmbH operates a manufacturing and distribution facility located in Erkelenz, Germany. Sun Hydraulics Korea Corporation (Sun Korea), a wholly owned subsidiary of Sun, operates a manufacturing and distribution facility. Sun Hydraulics, SARL (Sun France), a wholly owned subsidiary of Sun was dissolved in November 2011. Sun Hydraulics (India) a liaison office in Bangalore, India is used to develop new business opportunities in the Indian market. WhiteOak Controls, Inc. (WhiteOak), a 40% equity method investment, located in Mediapolis, Iowa, designs and produces complementary electronic control products. On September 27, 2011, Sun acquired High Country Tek, Inc. (HCT), which designs and manufactures a range of standard and customizable electronic control modules used to interpret electronic signals.
Screw-in Hydraulic Cartridge Valves
The Company�� screw-in hydraulic cartridge valves are offered in five size ranges and include both electrically actuated and non-electrically actuated products. The floating construction introduced by the Company results in a self alignment characteristic.
Standard Manifolds
A manifold is a solid block of metal, usually aluminum or ductile iron, which is machined to create threaded cavities and channels into which screw-in cartridge valves can be installed and through which the hydraulic fluid flows. The Company�� range of standard mani! folds enables the customers to integrate its screw-in cartridge valves into their machinery and equipment.
Integrated Packages
An integrated package consists of multiple cartridges assembled into a custom designed manifold for a specific customer to provide the specific operating characteristics of a customer�� circuit. The Company�� screw-in cartridge valves translate to integrated packages designed by the Company and result in products that are smaller in size. Due to the self-alignment characteristic, the Company�� integrated packages do not require testing once assembled.
Electronic Controllers
HCT designs and manufactures electronic controllers, which manage the function of electrically actuated valves. HCT�� products range from one valve, manually adjusted controllers to fully integrated hydraulic control systems managing multiple hydraulic valves, as well as other input and output products, such as joysticks and displays.
Advisors' Opinion:- [By Sally Jones]
Sun Hydraulics Corp. (SNHY): Reduced
Up 25% over 12 months, Sun Hydraulics Corp. has a market cap of $787.4 million; its shares were traded at around $30.00 with a P/E ratio of 21.20.
Top 5 Diversified Bank Companies To Watch In Right Now: Comcast Corporation(CMCSK)
Comcast Corporation provides entertainment, information, and communications products and services in the United States and internationally. The company?s Cable Communications segment provides video, high-speed Internet, and voice services to residential and business customers. As of December 31, 2011, its cable systems served 22.3 million video, 18.1 million high-speed Internet, and 9.3 million voice customers. Its Cable Networks segment operates cable entertainment networks, such as USA Network, Syfy, E!, Bravo, Oxygen, Style, G4, Chiller, Cloo, and Universal HD; cable news and information networks, including CNBC, MSNBC, and CNBC World; cable sports networks comprising Golf Channel and NBC Sports Network; regional sports and news networks; international cable networks, such as CNBC Europe, CNBC Asia, and its Universal Networks International networks; cable television production studio; and digital media properties primarily comprising brand-aligned and other Websites, s uch as DailyCandy, Fandango, and iVillage. The company?s Broadcast Television segment primarily operates NBC and Telemundo broadcast networks; NBC and Telemundo owned local television stations; broadcast television production operations; and related digital media properties, which primarily include brand-aligned Websites. Its Filmed Entertainment segment operates Universal Pictures, which produces, acquires, markets, and distributes filmed entertainment and stage plays worldwide in various media formats for theatrical, home entertainment, television, and other distribution platforms. The company?s Theme Parks segment operates Universal theme parks in Orlando and Hollywood. Comcast Corporation also operates the Philadelphia Flyers and the Wells Fargo Center, a multipurpose arena in Philadelphia; provides facilities management services; and offers food services for sporting events, concerts, and other events. The company was founded in 1969 and is based in Philadelphia, Penn sylvania.
Advisors' Opinion:- [By Caroline Bennett]
Cable, entertainment, and communications company Comcast (NASDAQ: CMCSK ) (NASDAQ: CMCSA ) is holding steady to its dividend payout this quarter. The company announced this week that it will pay shareholders $0.195 per share of common stock, the same payout it's paid since April, when it raised its quarterly payout 20%.
- [By Rick Aristotle Munarriz]
Alamy You can never know in advance all the news that will move the market in a given week, but some things you can see coming. From the world's largest consumer tech company posting its iEarnings to a pivotal end to the trading month, here are some of the things that will help shape the week that lies ahead on Wall Street. Monday -- Growing Apples: Lately, Apple (AAPL) hasn't been the growth stock darling that it was through most of the past decade, but it seems to be turning the corner. Apple is expected to post growth in revenue and earnings when it reports fiscal first quarter results on Monday afternoon. It's not likely to be much. Analysts see revenue and earnings per share climbing by no more than 5 percent over last year's holiday quarter. That may seem low given the success of the iPhone 5S and iPad Air that hit the market late last year. However, it's been hard to overcome the slide in Mac and iPod sales. Tuesday -- Comcast Stems the Bleeding: Another company showing renewed signs of life is Comcast (CMCSK). The country's largest cable provider hasn't had a problem growing its Internet and broadband phone services, but it's been struggling since 2007 to keep its pay TV customers around. Comcast finally surprised investors earlier this month by announcing that it closed out the fourth quarter with more subscribers than it had three months earlier. This is the first time that Comcast has posted a sequential increase in video customers after 26 quarters of declines. Comcast reports on Tuesday. Hopefully it will shed some light on this welcome development, letting us know if the cord cutter fears are in the past. Wednesday -- Are We Friends Again: It will be Facebook (FB) hoping that the market clicks "Like" on the leading social networking website's quarterly financials on Wednesday. Facebook had a rocky start as a public company two years ago, going public at $38 and falling into the teens several months later. However, explosive top- and bottom-l
Top 5 Diversified Bank Companies To Watch In Right Now: Brooks Automation Inc.(BRKS)
Brooks Automation, Inc. provides automation, vacuum, and instrumentation solutions for semiconductor manufacturing, life sciences, and clean energy markets worldwide. The company?s Brooks Product Solutions segment provides a range of products critical to technology equipment productivity and availability. This segment?s products include atmospheric and vacuum tool automation systems, atmospheric and vacuum robots and robotic modules, and cryogenic vacuum pumping, thermal management, and vacuum measurement solutions, which are used to create, measure, and control critical process vacuum applications. Its Brooks Life Science Systems segment offers automated sample management systems, including automated sample storage, automated blood fractionation equipment, sample preparation and handling equipment, consumables, parts, and support services to various life science customers, including pharmaceutical companies, biotechnology companies, biobanks, national laboratories, rese arch institutes, and research universities. The company?s Brooks Global Services segment provides a range of support services, including on and off-site repair services, on and off-site diagnostic support services, and installation services to enable the customers to maximize process tool uptime and productivity. This segment also offers spare part support services to end-user customers. Brooks Automation, Inc. was founded in 1978 and is headquartered in Chelmsford, Massachusetts.
Advisors' Opinion:- [By Lauren Pollock]
Brooks Automation Inc.'s(BRKS) fiscal fourth-quarter earnings fell 95% as the technology-products company’s revenue slipped on weak demand from semiconductor customers and a much smaller tax benefit. Results beat expectations, but the company gave a weak outlook for the first quarter. Shares edged lower.
Top 5 Diversified Bank Companies To Watch In Right Now: Iberdrola SA (IBE)
Iberdrola SA is a Spain-based company principally engaged in the energy sector. The Company's business is structured in four segments: Network Business, including all the energy transmission and distribution activities, and any other regulated activity originated in Spain, the United Kingdom, the United States and Brazil; Deregulated Business, including electricity generation and sales businesses as well as gas trading and storage businesses carried on by the Group in Spain, Portugal, the United Kingdom and North America; Renewable: activities relating to renewable energies in Spain, the United Kingdom, the United States and the rest of the world; Other Businesses, comprising the engineering and construction businesses and the non-power businesses; and Corporation which includes the costs of the Group's structure (Single Corporation), of the administration services of the corporate areas that are subsequently invoiced to the other companies through either specific service. Advisors' Opinion:- [By Sarah Jones]
Iberdrola SA (IBE), Spain�� biggest power company, fell 3.4 percent to 3.87 euros. Endesa SA (ELE) slumped 4.6 percent to 16 euros, while Acciona SA (ANA), which owns more than 4 gigawatts of wind farms in the country, tumbled 8.5 percent to 37.95 euros. Red Electrica Corp. slid 7.5 percent to 38.34 euros.
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