On Monday, Shares of Alibaba Group Holding Limited (NYSE:BABA), lost -0.39% to $86.72.
Alibaba Group, raised its stake in zulily, Inc. (ZU), which operates as an online retailer in the United States, Canada, Australia, the United Kingdom, and internationally. Shares of the retailer rose even more than 20% in premarket trading after Alibaba revealed that it owns 11.5 million Class A shares of Zulily, between May 6 through May 8, the prices were ranging from $10.74 to $12.25. With an average price of $11.50, the stake is for about $132 million and about 9.3% of its outstanding shares. Alibaba is now the largest foreign investor in the company.
Alibaba Group Holding Limited, through its auxiliaries, operates as an online and mobile commerce company in the People’s Republic of China and internationally. It operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers; Juhuasuan, a group buying marketplace; Alibaba.com, an online business-to-business marketplace that focuses on global trade among businesses; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace.
Shares of Dean Foods Company (NYSE:DF), inclined 6.45% to $17.33, during its last trading session.
Dean Foods Company, stated first quarter 2015 results.
Highlights
- For the third successive quarter, operating results improved, primarily due to price realization, and solid execution within an easing commodity environment.
- Q1 net loss per share was $0.78 and adjusted net income per share was $0.24.
- During Q1, accomplished a comprehensive debt refinancing to strengthen the balance sheet for the future.
- On May 4, launched DairyPure®, the first and largest fresh, white milk national brand with a national media campaign.
- Dean Foods is on-trend with consumers’ growing focus on fresh, local, protein-dense products with clean labels.
- Q2 adjusted diluted earnings are predictable to be $0.20 to $0.30 per share.
Dean Foods Company, a food and beverage company, processes and distributes milk, and other dairy and dairy case products in the United States. It manufactures, markets, and distributes dairy case products, counting fluid milk, ice cream, cultured dairy products, creamers, ice cream mix, and other dairy products; and produces and distributes juices, teas, and bottled water.
At the end of Monday’s trade, Shares of Southwest Airlines Co. (NYSE:LUV), lost -0.49% to $43.02.
Southwest Airlines, has been invited to speak at the 8th Annual Wolfe Research Global Transportation Conference. Wolfe Research will be webcasting the audio presentation live, and a link to the webcast will be made accessible via the Investor Relations homepage on the Southwest Airlines website.
Details of the audio webcast are as follows:
Date:
Tuesday, May 19, 2015
Time:
8:00 a.m. Eastern Time
Speaker:
Tammy Romo, Senior Vice President Finance and Chief Financial Officer.
Southwest Airlines Co. operates passenger airlines that provide planned air transportation services in the United States and near-international markets. As of December 31, 2014, it operated 665 Boeing 737 aircraft; and had 12 Boeing 717 aircraft.
Finally, The Travelers Companies, Inc. (NYSE:TRV), ended its last trade with -1.46% loss, and closed at $102.22.
The Travelers Companies, presented its prestigious Agent of the Year Award to 10 of its top Personal Insurance independent agents. The agents were recognized for their strong commitment to Travelers, providing first-class customer service, and achieving long-term profitable growth.
The honorees accepted the award at Travelers’ annual Personal Insurance leadership conference for its top independent agents and brokers.
The following are the Agent of the Year Award recipients:
- Paul Hammack, Professional Insurance Associates, San Carlos, Calif.
- Steven Bender, Creative Insurance Solutions, LLC, Rockville, Md.
- Douglas Walker, Walker & Associates Insurance Agency, Indianapolis
- Bob Stallings, Iroquois Southwest, Mesa, Ariz.
- Tony D’Errico, Mercer Health & Benefits Administration LLC, Boston
- Thomas F. Bagley III, Anderson, Bagley & Mayo Insurance Agency, Inc., Leominster, Mass.
- Douglas MacCormack, The MacCormack Agency, Somerset, N.J.
- Douglas F. Parrish, Gress, Kinney, Parrish Insurance Center, Yakima, Wash.
- Elizabeth Kirby, Select Insurance Markets, LP, Houston
- Scott Robertson, The Villages Insurance Partners, The Villages, Fla.
The Travelers Companies, Inc., through its auxiliaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the Unites states and internationally. It operates in three segments: Business and International Insurance; Bond & Specialty Insurance; and Personal Insurance.
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