On Wednesday, Shares of Sabre Corp (NASDAQ:SABR), gained 2.36% to $28.14.
Sabre Corporation, declared public offering of 19,000,000 shares of common stock by existing stockholders associated with TPG Global, LLC and Silver Lake Administration Company II, L.L.C. at a price to the public of $26.85 per share. All of the shares are being sold on a pro rata basis by the Selling Stockholders in accordance with their current interests, and the Selling Stockholders will receive all of the net proceeds from this offering. No shares are being sold by the Company.
Sabre Corporation provides technology solutions to the travel and tourism industry worldwide. It operates in two segments: Travel Network, and Airline and Hospitality Solutions.
Shares of B/E Aerospace Inc (NASDAQ:BEAV), inclined 0.76% to $50.41, during its last trading session.
B/E Aerospace, will take part in a question and answer “fireside chat” at the Jefferies 2015 Industrials Conference in New York City on Tuesday, August 11, 2015. The presentation will start at 1:20 p.m. Eastern time.
B/E Aerospace, Inc. designs, manufactures, sells, and services cabin interior products for commercial aircraft and business jets in the United States and internationally. Its Commercial Aircraft segment offers first class, business class, tourist class, and regional aircraft seats, in addition to spares; oxygen storage, distribution, and delivery systems for commercial and business jet aircraft; coffee makers/water boilers, ovens, and refrigeration equipment; and modular lavatory, wastewater, and galley systems.
Finally, Pinnacle Foods Inc (NYSE:PF), ended its last trade with 0.44% gain, and closed at $45.30.
Pinnacle Foods, stated its financial results for the second quarter ended June 28, 2015 and raised its guidance for full-year adjusted diluted earnings per share to $1.89 to $1.91, representing the high end of its previous $1.86 to $1.91 guidance range.
Merged net sales in the second quarter of 2015 raised 2.3% as compared to year-ago, largely reflecting the benefit of the Gardein acquisition and base business results that were essentially even with year-ago, counting the unfavorable impact of the earlier timing of Easter. Net sales for North America Retail, which is comprised of the Birds Eye Frozen and Duncan Hines Grocery segments, raised 2.0% as compared to year-ago. The earlier timing of Easter in 2015 shifted sales from the second quarter into the first quarter, reducing the second quarter net sales comparisons by about 1%.
Pinnacle Foods Inc., through its auxiliaries, manufactures, markets, and distributes branded convenience food products in North America. It operates through three segments: Birds Eye Frozen, Duncan Hines Grocery, and Specialty Foods.
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