On Friday, Shares of The Coca-Cola Company (NYSE:KO), gained 0.36% to $41.25.
The Coca-Cola Company declared James Quincey has been named President and Chief Operating Officer (COO), effective right away. As President and COO, Quincey will have responsibility for all of the Company’s operating units worldwide. He will report directly to Chairman and Chief Executive Officer Muhtar Kent.
Quincey, 50, is a 19-year veteran of Coca-Cola and since 2013 served as President of The Coca-Cola Company’s Europe Group, which comprises 38 countries, counting the Member States of the European Union, the European Free Trade Association countries and the Balkans. Under Quincey’s leadership, the Europe Group, the Company’s most profitable operating group, plannedally expanded its brand portfolio and improved execution across the geography. These actions assisted drive solid topline growth and expanded the Company’s leading market share position in total nonalcoholic ready-to-drink (NARTD) beverages despite the volatile and prolonged macroeconomic challenges in the region.
Quincey also played an instrumental role in leading the recently declared projected merger of Coca-Cola Enterprises, Coca-Cola Iberian Partners and Coca-Cola Erfrischungsgetranke AG to form Coca-Cola European Partners Plc., in what will become the world’s largest independent Coca-Cola bottler based on net revenues.
The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Its sparkling beverages comprise nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters.
Shares of Staples, Inc. (NASDAQ:SPLS), inclined 1.07% to $14.23, during its last trading session.
Staples declared that it funded 115 local classroom projects in Chicago, as part of its recent $10 million pledge to Think It Up™, a new national initiative of the Entertainment Industry Foundation that seeks to inaugurate a new movement in support of students, teachers and schools, assisting to create a culture of excitement about learning everywhere in America. This fall, Think It Up, in partnership with DonorsChoose.org, will launch a platform to fund student-powered, teacher-led learning projects in classrooms across the country.
In addition to flash funding 115 STEM projects on DonorsChoose.org, Staples for Students and the Entertainment Industry Foundation assisted fund school supplies for thousands of students in honor of Hatch Day and Jennifer’s nephew Julian D. King.
Staples, Inc., together with its auxiliaries, operates office products superstores. It operates through three segments: North American Stores & Online, North American Commercial, and International Operations.
Finally, Goldfield Corp. (NYSEMKT:GV), ended its last trade with 32.37% gain, and closed at $1.84.
The Goldfield Corporation declared financial results for the three and six-month periods ended June 30, 2015. The Goldfield Corporation, headquartered in Florida, through its auxiliaries Power Corporation of America, Southeast Power Corporation and C and C Power Line, Inc., is a leading provider of construction services for electric utilities, with operations primarily in the southeastern and mid-Atlantic regions of the United States counting Texas.
Three-Months Ended June 30, 2015
For the three-months ended June 30, 2015 contrast to the same period last year:
- Revenue raised 32.1% to $33.5 million from $25.3 million — attributable to higher revenue from both master service agreement (MSA) and non-MSA work.
- Income from ongoing operations before income taxes tripled to $2.8 million from $693,000 despite losses of $1.2 million incurred from continued adverse weather conditions causing construction delays in the current quarter on Texas projects, which are now substantially complete.
- Net income rose to $1.3 million ($0.05 per share) from a net loss of $238,000 ($0.01 loss per share). Net income (loss) for the three-months ended June 30, 2015 and 2014 comprised of special after tax charges of $201,000 and $665,000, respectively, in suspended operations from a formerly revealed environmental remediation project, which is now substantially complete.
The Goldfield Corporation provides electrical construction services to electric utilities and industrial companies in the United States. It is involved in the construction and maintenance of electric utility facilities; and provision of electrical contracting services.
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