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Wednesday 29 July 2015
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Active Movers to Watch: Verizon Communications Inc. (NYSE:VZ), Covanta Holding Corporation (NYSE:CVA), Dick’s Sporting Goods Inc. (NYSE:DKS)

On Thursday, Shares of Verizon Communications Inc. (NYSE:VZ), lost -0.22% to $46.35.

Minority middle school boys in four cities across the country are gaining hands-on learning experience this summer with advanced technology that is opening their eyes to many of the exciting professional possibilities that STEM (science, technology, engineering and math) and entrepreneurship skills can offer.

Minority Male Makers, a first-of-its-kind, two-year program created by Verizon, aims to enable minority middle school males to become creators and makers through 3D-design and app development. The long-term program aim is to empower a new generation of minority men by giving them lifelong technology and entrepreneurship skills to build the innovations of tomorrow and create brighter futures for themselves and their families.

Four leading Historically Black Colleges and Universities in the nation - Jackson State University, North Carolina A&T State University, Morgan State University and Kentucky State University - are directing this pioneering program, instructing the students daily during intensive, all-day technology classes on campus. The students will also be mentored by minority college men, in partnership with the National CARES Mentoring Movement.

While much attention has been paid in recent years to empowering girls in these subject areas, few programs exist that specifically aim to spark boys’ interest in STEM disciplines.

“More must be done to ensure that minority men have a chance for a bright future,” said Verizon Foundation President Rose Stuckey Kirk. “The number of black men who earned science and engineering bachelor’s degrees has remained essentially unchanged for more than a dozen years.

Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.

Shares of Covanta Holding Corporation (NYSE:CVA), declined -5.98% to $19.18, during its last trading session, hitting its lowest level.

Covanta Holding Corporation stated financial results recently for the three and six months ended June 30, 2015.

Q2 2015 Summary

  • Strong operating performance in core business, with all production metrics in line with expectations; successfully executed majority of annual maintenance plan
  • Achieved record quarterly special waste revenue
  • Accomplished acquisition of Advanced Waste Services (AWS) treatment, storage and disposal (TSD) business, expanding environmental services capabilities
  • Formerly declared China equity swap/sale to monetize assets at an attractive value and re-positions the Company for pursuing new opportunities
  • Revising 2015 guidance primarily due to delay in Durham-York facility commissioning

Covanta Holding Corporation provides waste and energy services to municipal entities primarily worldwide. It owns and operates infrastructure for the conversion of waste to energy, in addition to engages in other waste disposal and renewable energy production businesses.

Finally, Dick’s Sporting Goods Inc. (NYSE:DKS), ended its last trade with -1.58% loss, and closed at $50.42.

Dick’s Sporting Goods declared the launch of Chelsea Collective, a specialty women’s fitness and lifestyle boutique. The first two Chelsea Collective locations will open in August 2015 in Tysons Corner, VA at Tysons Corner Center and Pittsburgh at Ross Park Mall.

Named for the diverse and eclectic Chelsea neighborhood of New York City, Chelsea Collective will provide customers with a uniquely curated assortment of apparel, equipment, footwear, accessories and beauty products, fusing fitness and fashion to serve women who are on the cutting edge of new trends and have a variety of fitness interests.

Chelsea Collective will feature iconic brands such as NIKE and CALIA by Carrie Underwood, while also boasting niche brands such as Lorna Jane, Spiritual Gangster and ALALA.

A noteworthy portion of the store’s total assortment will feature footwear, accessory and beauty brands such as Brooks, Hunter Boots, Pure Vida, Le Sport Sac, evian and philosophy.

Dick’s Sporting Goods, Inc. operates as a sporting goods retailer primarily in the eastern United States. The company provides hardlines, counting sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear products and accessories.

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