On Tuesday, Shares of Morgan Stanley (NYSE:MS), gained 0.10% to $40.08, hitting its highest level.
Morgan Stanley, will construct a new playground as part of its Morgan Stanley Healthy Cities Chicago initiative. In partnership with KaBOOM!, a national nonprofit dedicated to bringing balanced and active play into the daily lives of all children, Morgan Stanley employee volunteers will assist build the safe play space that will benefit more than 300 kids from Chicago Collegiate Charter School and the surrounding community.
Over the past year, Morgan Stanley Healthy Cities Chicago has partnered with Feeding America, the nation’s leading domestic hunger-relief charity, KaBOOM!, and local nonprofit organizations to provide crucial wellness, nutrition and play services that give kids a healthy start in life. Through July 2015, Healthy Cities programming in Chicago has delivered more than 396,000 pounds of nutritious food to over 700 students and their families, wellness and nutrition education materials to more than 3,000 individuals, and created safe play spaces for nearly 1,000 children. Local nonprofits that served as key partners in the initiative comprise the Greater Chicago Food Depository, Ronald McDonald Children’s Hospital and Chicago Run.
Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide.
Shares of Canadian Pacific Railway Limited (NYSE:CP), declined -5.18% to $150.50, during its last trading session, hitting its lowest level.
Canadian Pacific Railway Limited, issued the following statement in response to questions from investors and to address inaccurate speculation concerning the recent board resignations and the health of CEO E. Hunter Harrison :
On July 3, 2015 , CP director Stephen Tobias notified CP Board Chairman Gary Colter that he was prepared to resign from the board at a date of the board’s choosing.
In consultation with Krystyna Hoeg , the Chair of the Nominating and Governance Committee, Mr. Colter caused the company to issue a press release stating that Mr. Tobias had resigned from the board as of June 29, 2015 . The company has subsequently corrected this error.
Mr. Colter caused this press release to be issued without consulting with the board and without seeking board action to accept Mr. Tobias’ offer to resign.
Canadian Pacific Railway Limited, through its auxiliaries, operates a transcontinental railway in Canada and the United States. The company provides logistics and supply chain expertise services. It transports bulk commodities, counting grain, coal, fertilizers, and sulphur; and intermodal traffic comprising retail goods in overseas containers that can be transported by train, ship, and truck, in addition to in domestic containers and trailers that can be moved by train and truck.
Finally, Quiksilver Inc. (NYSE:ZQK), ended its last trade with 0.02% gain, and closed at $0.60.
Quiksilver, declared that on July 10, 2015, the Company was notified by the New York Stock Exchange (“NYSE”) that the Company’s common stock is not in compliance with the NYSE’s continued listing standard that requires a minimum average closing price of $1.00 per share over a period of 30 successive trading days.
Under the NYSE’s rules, the Company has a period of six months from the date of the NYSE notice to bring its 30-day average share price back above $1.00. However, if the Company determines to remedy the non-compliance by taking action that will require shareholder approval, such as a reverse stock split, the Company must obtain shareholder approval of such action by no later than its next annual meeting, and implement such action promptly thereafter. During this period, the Company’s common stock will continue to be traded on the NYSE, subject to the Company’s compliance with other NYSE listing requirements. The Company will notify the NYSE of its intent to cure this noncompliance.
The NYSE notification does not affect the Company’s business operations or its Securities and Exchange Commission reporting requirements.
Quiksilver, Inc. designs, develops, and distributes branded apparel, footwear, accessories, and related products primarily for men, women, and children. The company provides its products for various activities, counting casual and outdoor lifestyle associated with surfing, skateboarding, snowboarding, BMX and motocross, rally car, and other activities.
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