On Wednesday, Shares of Fiat Chrysler Automobiles NV (NYSE:FCAU), lost -1.57% to $14.15.
“FCA Replay” is a weekly recap of some of the major stories at Fiat Chrysler Automobiles. The top stories for the week of December 23, 2015 comprises our recap of 2015. Come look back with us on the year that was, as Fiat Chrysler Automobiles continued to make its mark on the automotive industry.
Fiat Chrysler Automobiles N.V., an automotive group, designs, engineers, manufactures, distributes, and sells vehicles and components. It offers passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names, in addition to after-sales services and parts under the Mopar brand name.
Shares of Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP), declined -1.98% to $47.09, during its last trading session.
Ctrip.com International declared that, at its 2015 annual general meeting of shareholders held recently, shareholders of the Company adopted the following resolution as a special resolution projected by the Company:
THAT the second amended and restated memorandum and articles of association of the Company (“New M&AA”) is hereby approved and adopted to
(i) improvement the authorized share capital of the Company from ‘US$1,000,000 divided into 100,000,000 ordinary shares of a nominal or par value of US$0.01 each’ to ‘US$1,750,000 divided into 175,000,000 ordinary shares of a nominal or par value of US$0.01 each; and
(ii) Incorporate the amendments to the presently effective amended and restated memorandum and articles of association of the Company adopted by the shareholders of the Company on October 17, 2006 and October 26, 2012 (the “Historical Amendments”), respectively, into the New M&AA, and further amend and restate the relevant articles involved in Historical Amendments
To
’80. There shall be a Board of Directors (the “Board”) comprising of not more than nine (9) Directors, offered that the Company may from time to time by Ordinary Resolution improvement or decrease the number of Directors on the Board. Three (3) Directors (each, a “Founder Director”) shall be designated by the Company’s founders comprising of James Jiangzhang Liang, Neil Nanpeng Shen, Qi Ji and Min Fan (collectively, the “Founders”), subject to the approval of a majority of the Independent Directors (as such term is defined under applicable NASDAQ marketplace rules). One (1) Director shall be the then current Chief Executive Officer of the Company. The remaining Directors (each, an “Ordinary Director”) shall be elected or designated by the Board in accordance with Article 83 or by the Members at general meeting. The Members may by Ordinary Resolution appoint any person to be an Ordinary Director, and may in like manner remove any Ordinary Director and appoint another person in his place.
Ctrip.com International, Ltd., together with its auxiliaries, provides travel services for hotel accommodations, transportation ticketing services, packaged tours, and corporate travel administration in the People’s Republic of China.
Finally, Telefonica Brasil SA (ADR) (NYSE:VIV), ended its last trade with -4.35% loss, and closed at $9.01.
On Tuesday, December 29, 2015, NASDAQ Composite ended at 5,107.94, up 1.33%, Dow Jones Industrial Average advanced 1.10% to finish the day at 17,720.98 and the S&P 500 closed at 2,078.36, up 1.06%.
Telefonica Brasil SA’s stock edged lower by 0.95% to close Tuesday’s session at USD 9.42, below its 50-day and 200-day moving averages of USD 9.84 and USD 11.11, respectively. The company’s shares oscillated between USD 9.27 and USD 9.60. The stock recorded a trading volume of 1.30 million shares, which was below its 50-day daily average volume of 2.45 million shares and its 52-week average volume of 2.76 million shares. Over the last three days Telefonica Brasil SA’s shares have declined by 0.84% while in the past one week the shares have moved up 3.86%. On a compounded total return basis, the company has returned 2.52% in the past one week. Further, the company is trading at a price to earnings ratio of 5.04, contrast to a historical PE ratio of 10.69.
Telefônica Brasil S.A. provides mobile, landline, Internet, and television telecommunication services to residential and corporate customers in Brazil, Argentina, Chile, Colombia, Costa Rica, Ecuador, Germany, Guatemala, El Salvador, Mexico, Nicaragua, Panama, Peru, Puerto Rico, Spain, the United States, the United Kingdom, Uruguay, and Venezuela.
