On Friday, Shares of Nielsen Holdings PLC (NYSE:NLSN), lost -0.95% to $46.73.
Nielsen released Increasingly Affluent, Educated and Diverse: African-American Consumers - the Untold Story, the fifth installment in its Diverse Intelligence Series. This new report is inclusive of insights about affluent Black consumers with annual household incomes of $75,000 and higher and upends outdated stereotypes about African-Americans, from education and income to media consumption and social engagement. The report was released at a press conference during the Congressional Black Caucus Foundation, Inc.’s 45th Annual Legislative Conference in Washington, D.C.
Increasingly Affluent, Educated and Diverse: African-American Consumers - the Untold Story explores the evolution of upper-income Black Americans as the population continues to grow and change rapidly. At 45.7 million strong [1], the nation’s Black population grew at 17.7% from 2000 to 2014 — 35% faster than the total population and double the 8.2% growth rate of the White population. The growth rate of the Black population is partly attributed to the surge in Black immigration from the Caribbean, Africa and some European countries, making the overall population incredibly diverse. The number of foreign-born Blacks in the U.S. has quadrupled since 1980, accounting for 3.8 million of the nation’s Black population. Foreign-born Blacks are contributing to raised incomes in the African-American community: their median household incomes are 30% higher than U.S.-born Blacks.
Nielsen Holdings plc operates as an information and measurement company. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch, and listen.
Shares of Baidu Inc (ADR) (NASDAQ:BIDU), declined -3.05% to $142.57, during its last trading session.
CloudFlare, the leading Internet performance and security company, and Baidu (NASDAQ:BIDU), China’s leading search engine, declared a planned partnership to launch the first-ever unified global platform to make Internet applications fast, secure, and more intelligent in China and around the world. The partnership joins together CloudFlare’s pioneering technology with Baidu’s extensive network across mainland China. Together, CloudFlare and Baidu are enabling Chinese and international businesses to grow their global online presence, while improving application performance and security inside and outside of China.
CloudFlare’s cloud acceleration and security platform transforms the way SMBs and enterprises deploy services at the edge of their networks — disrupting the traditional model of on-premise appliance deployments. Leveraging CloudFlare’s international network outside of China, and Baidu’s network inside of China, any enterprise can rapidly and securely deploy cloud-based firewall, load balancing, WAN optimization, distributed denial of service (DDoS) mitigation, content delivery, and DNS services worldwide — without a single piece of hardware. In just the past day, CloudFlare has saved Chinese users more than 243 years of time that, preceding to this partnership, would have been collectively spent waiting for web content to load.
Baidu, Inc. provides Internet search services in China and internationally. It offers Chinese language search platform on its Baidu.com Website that enables users to find relevant information online, counting Web pages, news, images, documents, and multimedia files through links offered on its Website; and international products and services to users in other countries.
At the end of Friday’s trade, Shares of Rockwell Collins, Inc. (NYSE:COL), lost -1.88% to $83.68.
Rockwell Collins, declared guidance for fiscal year 2016. The company anticipates revenue between $5.3 billion and $5.4 billion, earnings per share in the range of $5.20 to $5.40, and cash flow from operations of $700 million to $800 million. Total segment operating margins are predictable to be about 21%. This financial guidance comprises the impact of an estimated restructuring charge in the range of 10 to 15 cents of earnings per share, which is predictable to be finalized in the first quarter of fiscal year 2016.
Rockwell Collins, Inc. designs, produces, and supports communications and aviation systems for commercial and military customers worldwide. The company operates through three segments: Commercial Systems, Government Systems, and Information Administration Services.
Finally, Tronox Ltd (NYSE:TROX), ended its last trade with -3.11% loss, and closed at $6.23.
Tronox Limited, declared off-list price improvements for all USP and Industrial grade sodium bicarbonate products. Effective right away, or as contract terms permit, pricing for bulk and packaged sodium bicarbonate off-list pricing will improvement by $15.00/ton ($.75/cwt).
Tronox Limited produces and markets titanium bearing mineral sands and titanium dioxide (TiO2) pigment in North America, Europe, South Africa, and the Asia-Pacific region. It primarily operates in two segments, Mineral Sands and Pigment.
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