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Sunday 31 January 2016
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Active Stocks News Buzz: General Mills, Inc. (NYSE:GIS), United Health Group Inc (NYSE:UNH), ON Semiconductor Corp (NASDAQ:ON)

Active Stocks News Buzz: General Mills, Inc. (NYSE:GIS), United Health Group Inc (NYSE:UNH), ON Semiconductor Corp (NASDAQ:ON)

On Thursday, Shares of General Mills, Inc. (NYSE:GIS), lost -1.54% to $57.66.

General Mills (GIS) said that it has attained Brazilian yogurt maker Carolina Administracao e Participacoes Societarias Ltda., (Carolina), a privately-held dairy products company headquartered in Ribeirao Claro, Parana, Brazil. Terms of the transaction were not revealed.

Carolina is a family-owned Brazilian company established in 1969. A leading regional dairy products producer, Carolina is especially known for its strong regional yogurt brands, Carolina, VeryGurt and Gluck.

Operating primarily in southern and southeastern Brazil, Carolina sources high-quality milk from farmers in the dairy-rich region of Parana, and markets more than 20 different dairy product lines. Employing more than 390 people in Ribeirao Claro and across the region, Carolina has noteworthy regional operating, sales and distribution infrastructure.

General Mills, Inc. manufactures and markets branded consumer foods in the United States and internationally. It also supplies branded and unbranded food products to the foodservice and commercial baking industries. The company operates in three segments: U.S. Retail, International, and Convenience Stores and Foodservice.

Shares of United Health Group Inc (NYSE:UNH), declined -1.07% to $117.65, during its last trading session.

United Healthcare and Optum, the health benefits and services companies of UnitedHealth Group (UNH), are taking immediate action to assist people in Oklahoma who may be affected by the recent winter storms and flooding.

This comprises assisting health plan participants who may need to make alternate arrangements to ensure continuity of care or access to early prescription refills, and a free emotional-support line to assist people in affected communities.

UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company’s United Healthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services.

Finally, ON Semiconductor Corp (NASDAQ:ON), ended its last trade with -1.51% loss, and closed at $9.80.

In 1960, Hamilton Electro Sales and Motorola Inc. signed a contract that would not only make history as the world’s first semiconductor distribution contract, but would also grow into one of the most enduring supply chain relationships in the electronics sector. Avnet, Inc. (NYSE: AVT), a leading global technology distributor, and ON Semiconductor (Nasdaq: ON), driving energy-efficient innovations, recently marked the signing of that historic contract—and the thousands of innovative customer solutions for which it paved the way.

For the past five-plus decades, Avnet, which attained Hamilton in 1962, and ON Semiconductor, spun off from Motorola in 1999, have continued to drive the advancement and proliferation of high-performance power semiconductor technology in global markets counting automotive, communication, computing, and consumer, medical, industrial, mobile phone and military/aerospace. In 2015, Avnet shipped over 8 billion ON Semiconductor components, representing more than 18 percent of ON Semiconductor’s distributor sales and about 9 percent of ON Semiconductor’s global revenue.

“As we commemorate the continued strength and success of the Avnet-ON Semiconductor relationship, I think about all of the extraordinary customer achievements we have had the privilege to facilitate as a result of our enduring cooperation and our mutual commitment to design and supply chain excellence,” said Ed Smith, president, Avnet Electronics Marketing Americas. “What’s most exciting to me is the knowledge that our shared vision for driving innovation in emerging technologies like the Internet of Things, will only fortify the unique history we share for years and decades to come.”

ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. It operates in four segments: Application Products Group, Image Sensor Group, Standard Products Group, and System Solutions Group.