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The 1999 Employee Stock Purchase Plan (Purchase Plan) allowed eligible employees to purchase the Company’s common shares at 85% of the market price at the end of each six-month purchase period through December 31, 2016. For purchase periods beginning after January 1, 2017, the purchase price is 100% of the market price at the end of each six-month purchase period. On April 16, 2012, the Company’s shareholders approved an amendment to the Purchase Plan, increasing the number of shares available under the Purchase Plan from 900,000 common shares to 1,400,000 common shares and making certain other changes to the terms of the Purchase Plan. Of the 1,400,000 common shares authorized to be issued under the Purchase Plan, 366,867 were available for purchase as of December 31, 2018. At the discretion of the Company, shares purchased under the Purchase Plan can be either new issue shares or shares purchased in the open market. To provide shares for purchases for the Purchase Plan, 7,757 common shares were purchased in the open market in 2018, 4,202 common shares were purchased in the open market and 5,284 common shares were issued in 2017 and 53,875 common shares were issued in 2016.

QuickBooks – Level I (ACCT 5100/19S & CRN #70073) will meet Tuesday, March 12, from 9 a.m.-4 p.m. at the Northeast Community College in West Point, 202 Anna Stalp Ave., in Room 212.

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Arizona has the first pick in the draft and many believe they will select a player like Nick Bosa or Josh Allen, both of whom are edge defenders like Golden.

And he would go down and put up a 5- by 7-foot rectangle of white or yellow paint and then write a little vignette from his childhood on the panel. And he would number them within a series and then sign it. And there are 235 of these panels scattered throughout New York City. And when I was first starting to go down into the tunnels, I would come across these pages. And they were – I just thought it was such a beautiful and mysterious art project.

● Supply efficiency and reliability: Since 2005, SO2, NOx and mercury emitted from OTP’s fossil fuel-fired plants have decreased 42%, 69% and 80%, respectively. OTP’s efforts to increase plant efficiency and add renewable energy to its resource mix have reduced its CO2 intensity. Between 2005 and 2018 OTP decreased its overall system average CO2 emissions intensity by approximately 21%. Further reductions are expected with the planned addition of the Merricourt Wind Project and replacement of Hoot Lake Plant generation with the Astoria Station natural gas-fired generation plant in the 2021 timeframe.

BrazilIndustry market should benefit from the Brazilian economy recovery, particularly in Automotive, Outlook for the mine is positive, and an extension of its capacity is under study.  

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The Company maintains a moderate risk profile by investing in rate base growth opportunities in its Electric segment and organic growth opportunities in its manufacturing platform, which includes its Manufacturing and Plastics segments. This strategy and risk profile is designed to provide a more predictable earnings stream, maintain the Company’s credit quality and preserve its ability to fund the dividend. The Company’s goal is to deliver annual growth in earnings per share between five to seven percent over the next several years, using 2018 diluted earnings per share as the base for measurement. The growth is expected to come from the substantial increase in the Company’s regulated utility rate base and from planned increased earnings from existing capacity in place at the Company’s manufacturing and plastic pipe businesses. The Company will continue to review its business portfolio to see where additional opportunities exist to improve its risk profile, improve credit metrics and generate additional sources of cash to support the growth opportunities in its electric utility. The Company will also evaluate opportunities to allocate capital to potential acquisitions in its Manufacturing and Plastics segments. Over time, the Company expects the electric utility business will provide approximately 75% to 85% of its overall earnings. The Company expects its manufacturing and plastic pipe businesses will provide 15% to 25% of its earnings and continue to be a fundamental part of its strategy. The actual mix of earnings in 2018 was 66% from the electric utility and 34% from the manufacturing and plastic pipe businesses, including unallocated corporate costs.

Ternium SA, through its subsidiaries, manufactures and processes various steel products in Mexico, Argentina, Paraguay, Chile, Bolivia, Uruguay, Brazil, the United States, Colombia, Guatemala, Costa Rica, Honduras, El Salvador, and Nicaragua. It operates in two segments, Steel and Mining. The Steel segment offers steel products, including slabs, billets and round bars, hot-rolled coils and sheets, bars and stirrups, wire rods, cold-rolled coils and sheets, tin plates, hot dipped galvanized and electrogalvanized sheets and pre-painted sheets, steel pipes and tubular products, beams, and roll formed products, as well as other products, such as pig iron.

6. Share-Based Payments Purchase Plan Through December 31, 2016, the Purchase Plan allowed employees through payroll withholding to purchase shares of the Company’s common stock at a 15% discount from the average market price on the last day of a six-month investment period. Under ASC Topic 718, Compensation—Stock Compensation (ASC 718), the Company was required to record compensation expense related to the 15% discount. The 15% discount resulted in compensation expense of $173,000 in 2016. For purchase periods beginning after January 1, 2017, the purchase price is 100% of the market price at the end of each six-month purchase period. Restricted Stock Granted to Directors Under the 1999 Incentive Plan and the 2014 Incentive Plan, restricted shares of the Company’s common stock were granted to members of the Company’s board of directors as a form of compensation. All remaining restricted shares issued under the 1999 Incentive Plan vested on April 8, 2017. Under ASC 718 accounting requirements, compensation expense related to restricted shares is based on the fair value of the restricted shares on their grant dates. On April 9, 2018, 18,200 shares of restricted stock were granted to the Company’s nonemployee directors. The grant-date fair value of each share of restricted stock granted on April 9, 2018 was $43.40 per share, the average of the high and low market price on the date of grant. The restricted shares granted in 2018 vest 33.3% per year on April 8 of each year in the period 2019 through 2021 and are eligible for full dividend and voting rights. Restricted shares not vested and dividends on those restricted shares are subject to forfeiture under the terms of the restricted stock award agreement. Presented below is a summary of the status of directors’ restricted stock awards for the years ended December 31: Restricted Stock Granted to Employees Under the 1999 Incentive Plan and 2014 Incentive Plan, restricted shares of the Company’s common stock have been granted to employees as a form of compensation. All remaining restricted shares issued under the 1999 Incentive Plan vested on April 8, 2017. Under ASC 718 accounting requirements, compensation expense related to restricted shares is based on the fair value of the restricted shares on their grant dates. No shares of restricted stock have been granted to employees since 2014. Presented below is a summary of the status of employees’ restricted stock awards for the years ended December 31: 93 Table of Contents Restricted Stock Units Granted to Executive Officers On February 5, 2018, 15,200 restricted stock units under the 2014 Incentive Plan were granted to the Company’s executive officers. The grant-date fair value of each restricted stock unit was $41.325 per share, the average of the high and low market price on the date of grant. The restricted stock units granted to executive officers in 2018 vest 25% per year on February 6 of each year in the period 2019 through 2022 and are eligible to receive dividend equivalent payments on all unvested awards over the awards’ respective vesting periods, subject to forfeiture under the terms of the restricted stock unit award agreements. The vesting of restricted stock units is accelerated in the event of a change in control, disability, death or retirement, subject to proration on retirement in certain cases. Presented below is a summary of the status of restricted stock unit awards granted to executive officers for the years ended December 31: Restricted Stock Units Granted to Employees In 2018 the following restricted stock unit awards under the 2014 Incentive Plan were granted to key employees of the Company who are not executive officers: The grant-date fair value of each restricted stock unit was based on the average of the high and low market price of the Company’s common stock on the date of grant, discounted for the value of the dividend exclusion over the four-year vesting period. Under the terms of the restricted stock unit award agreements, all outstanding (unvested) restricted stock units held by a retiring grantee vest immediately on normal retirement. Presented below is a summary of the status of employees’ restricted stock unit awards for the years ended December 31: 94 Table of Contents Stock Performance Awards Granted to Executive Officers Agreements for stock performance awards have been granted under the 2014 Incentive Plan for the Company’s executive officers. Under these agreements, the officers could be awarded shares of the Company’s common stock based on the Company’s total shareholder return relative to that of its peer group of companies in the Edison Electric Institute (EEI) Index over a three-year period beginning on January 1 of the year the awards are granted. The awards also include a performance incentive based on the Company’s average 3-year adjusted return on equity (ROE) relative to a targeted average 3-year adjusted ROE. The number of shares earned, if any, will be awarded and issued at the end of each three-year performance measurement period. The participants have no voting or dividend rights under these award agreements until common shares, if any, are issued at the end of the performance measurement period. On February 5, 2018 performance share awards were granted to the Company’s executive officers under the 2014 Incentive Plan for the 2018-2020 performance measurement period. Under the 2018 performance share awards the aggregate award for performance at target is 54,000 shares. For target performance the participants would earn an aggregate of 27,000 common shares for achieving the target set for the Company’s 3-year average adjusted ROE. The participants would also earn an aggregate of 27,000 common shares based on the Company’s total shareholder return relative to the total shareholder return of the companies that comprise the Edison Electric Institute Index over the performance measurement period of January 1, 2018 through December 31, 2020, with the beginning and ending share values based on the average closing price of a share of the Company’s common stock for the 20 trading days immediately following January 1, 2018 and the average closing price for the 20 trading days immediately preceding January 1, 2021. Actual payment may range from zero to 150% of the target amount, or up to 81,000 common shares. There are no voting or dividend rights related to these awards until the shares, if any, are issued at the end of the performance measurement period. The amount of payment in the event of retirement, resignation for good reason or involuntary termination without cause is to be made at the end of the performance period based on actual performance, subject to proration in certain cases, except that the payment of performance awards granted to an officer who is party to an Executive Employment Agreement with the Company is to be made at target at the date of any such event. The vesting of these awards is accelerated and paid at target on the event of a change in control. The terms of these awards are such that the entire award will be classified and accounted for as equity, as required under ASC Topic 718, Compensation—Stock Compensation, and will be measured over the performance period based on the grant-date fair value of the award. The grant-date fair value of each performance share award was determined using a Monte Carlo fair valuation simulation model. The table below provides a summary of stock performance awards granted and amounts expensed related to the stock performance awards: Stock-based payment expense recognized in 2018, 2017 and 2016 for the 2018-2020, 2017-2019 and 2016-2018 performance awards reflects the accelerated recognition of expense for outstanding and unvested awards of executives who are eligible for retirement and whose awards vest on normal retirement, as defined in the performance award agreements, prior to the vesting dates of the awards. The earned shares shown in the table above for the 2016-2018 and 2017-2019 performance periods include vested shares issued in 2018 to a participant who retired on December 31, 2017 and had reached age 62 prior to retirement. The earned shares shown in the table above for the 2016-2018 performance period also include shares received in 2019 by participants in the plan based on the Company achieving a total shareholder return ranking of 1 out of 41 companies in the EEI Index and an average 3-year adjusted return on equity in excess of the targeted average 3-year adjusted return on equity of 10.00% resulting in a payout at 145.17% of target. The earned shares shown in the table above for the 2015-2017 performance period include shares received in 2018 by participants in the plan based on the Company achieving a total shareholder return ranking of 2 out of 42 companies in the EEI Index and an average 3-year adjusted return on equity in excess of the targeted average 3-year adjusted return on equity of 10.00% resulting in a payout at 136.00% of target. 95 Table of Contents The earned shares shown in the table above for the 2014-2016 performance period include shares received in 2017 by participants in the plan based on the Company achieving a total shareholder return ranking of 19 out of 43 companies in the EEI Index and a resulting payout at 114.29% of target. The earned shares also include shares for a portion of the award that vested on normal retirement of the Company’s former CEO on July 1, 2015 that were issued in 2016 following the 180-day deferral period required under the Internal Revenue Code at a value of $26.35 per share or $848,000. In connection with the resignation of an executive officer in May 2014, the following unvested stock performance awards were forfeited: 8,900 granted in 2014. As of December 31, 2018, the total remaining unrecognized amount of compensation expense related to stock-based compensation for all of the Company’s stock-based payment programs was approximately $4.3 million (before income taxes), which will be amortized over a weighted average period of 1.9 years.

TX opened at $29.85 on Wednesday. Ternium has a 52 week low of $25.52 and a 52 week high of $42.43. The stock has a market cap of $6.30 billion, a price-to-earnings ratio of 3.89, a P/E/G ratio of 0.86 and a beta of 0.87. The company has a quick ratio of 0.86, a current ratio of 2.01 and a debt-to-equity ratio of 0.26.