On Thursday, Shares of The Kroger Co. (NYSE:KR), gained 1.22% to $70.65.
The Kroger, declared that Mike Schlotman, Kroger’s senior vice president and CFO, will address investors at the Goldman Sachs Global Staples Forum in New York on Tuesday, May 12, 2015 at 12:50 pm (EDT).
The Kroger Co., together with its auxiliaries, operates as a retailer in the United States and internationally. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores.
Shares of Kate Spade & Company (NYSE:KATE), declined -10.44% to $29.16, during its last trading session.
Kate Spade & Company, and Exclusive Brands International S.A. (EBI), a leading retailer and distributor in Latin America and the Caribbean, declared plans to expand the kate spade new york brand presence in Latin America with a new distribution agreement. Under the terms of the agreement, EBI will have distribution rights to the kate spade new york brand, spanning 17 territories throughout Central and South America and the Caribbean.
The newly formed planned partnership will leverage EBI’s understanding of the region, international brand experience, and proven success at assisting brands grow to expand the kate spade new york footprint in Latin America and distribute kate spade new york products to territories where the Company does not presently have store, wholesale, or eCommerce presence.
Kate Spade & Company, together with its auxiliaries, designs and markets apparel and accessories. The company operates in three segments: KATE SPADE North America, KATE SPADE International, and Adelington Design Group.
At the end of Thursday’s trade, Shares of Lumber Liquidators Holdings, Inc. (NYSE:LL), lost -0.59% to $27.07.
Lumber Liquidators Holdings, provided updates on several topics and planned actions related to laminate flooring sourced from China.
Initial Indoor Air Quality Testing Program Results
Initial results of the indoor air quality testing program for certain laminate flooring customers – conducted by independent, accredited laboratories – indicate that over 97% of customers’ homes were within the protective guidelines established by the World Health Organization for formaldehyde levels in indoor air.
In early March 2015, Lumber Liquidators began voluntarily offering free indoor air quality screening to certain of its flooring customers, predominately those who had purchased laminate flooring sourced from China. Home air test kits were selected as a quick, effective way to measure the total level of formaldehyde in indoor air from all sources, not just from the flooring. Formaldehyde is a common compound found in many household products counting laminate flooring, furniture, permanent press clothing, floor coverings and certain personal care products. Other sources of formaldehyde in the air comprise cigarette smoke and emissions from wood-burning fireplaces, kerosene heaters and natural gas stoves.
The Company retained Building Health Check, LLC (“BHC”) to coordinate the home air testing program. The customer receives the home test kit from BHC and controls the sampling process, with clear instructions on how to conduct the sampling. The samples are then sent by the customer to EDLab at Pure Air Control Services, Inc. (“EDLab”) where EDLab then forwards them to one of EDLab’s partner laboratories, which are all accredited for formaldehyde analysis by the American Industrial Hygiene Association’s Laboratory Accreditation Programs, LLC. EDLab’s testing laboratory partners for formaldehyde analysis presently comprise: AT Labs, Advanced Chemical Sensors, Inc., Sensors Safety Products, Inc. and SGS Galson Laboratories, Inc.
Lumber Liquidators Holdings, Inc., together with its auxiliaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. It primarily offers solid and engineered hardwood products; laminate floorings; bamboo floor products, cork floorings, and vinyl plank flooring; wood flooring moldings; butcher block kitchen countertops, and staircase treads and risers; and accessories, such as sealers, adhesives, and underlayments, in addition to flooring tools and floor cleaning supplies.
Finally, PPL Corporation (NYSE:PPL), ended its last trade with 0.06% gain, and closed at $33.40.
PPL Corporation, on Thursday (5/7) declared first-quarter 2015 stated earnings of $647 million, or $0.96 per share, an enhance from $316 million, or $0.49 per share, in the first quarter of 2014.
Adjusting for special items, counting Supply segment earnings, first-quarter 2015 regulated utility earnings from ongoing operations were $519 million, or $0.77 per share. This compares to regulated utility earnings from ongoing operations (adjusted) of $426 million, or $0.66 per share, in the first quarter of 2014.
The company’s first-quarter performance led PPL to reaffirm its 2015 forecast range of $2.05 to $2.25 per share for regulated utility earnings from ongoing operations, with a midpoint of $2.15 per share.
Meanwhile, Spence said PPL continues to move closer to concluding the spinoff of its competitive generation business, which will be combined with competitive generation assets of RJS Power Holdings LLC, an associate of Riverstone Holdings LLC, to form a new independent power producer named Talen Energy Corporation.
PPL Corporation, an energy and utility holding company, generates, transmits, distributes, and sells electricity to wholesale and retail customers in the United States and the United Kingdom. It operates in four segments: U.K. Regulated; Kentucky Regulated; Pennsylvania Regulated; and Supply.
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