On Friday, Shares of PayPal Holdings, Inc. (NASDAQ:PYPLV), lost -0.62% to $38.39, hitting its highest level.
Digital payments leader, PayPal Holdings, will visit the Nasdaq MarketSite in Times Square in celebration of the company’s return to being an independent, publicly traded company under it’s original ticker symbol “PYPL.”
In honor of the occasion, Dan Schulman, Chief Executive Officer of PayPal will ring the Opening Bell.
In addition, from 8:00 a.m. – 2:00 p.m. ET, PayPal will celebrate its new status as an independent public company trading on The Nasdaq Stock Market with visitors to New York City’s Times Square by offering activities and giving away coffee and donuts from PayPal-branded food trucks.
When: Monday, July 20, 2015 – 9:15 a.m. to 9:30 a.m. ET.
PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide.
Shares of CSX Corp. (NYSE:CSX), inclined 0.03% to $32.18, during its last trading session.
CSX Corp., declared financial results for the second quarter of 2015, counting net earnings of $553 million, or an all-time record $0.56 per share, an enhance from $529 million, or $0.53 per share, in the second quarter of 2014.
Revenue declined 6 percent, as pricing gains were more than offset by the impact of lower fuel recovery, a 1 percent volume decline and changing business mix. At the same time, continued low fuel prices and savings from efficiency initiatives reduced expenses by 9 percent. As a result, CSX delivered record operating income of more than $1 billion for the quarter and a record-low operating ratio of 66.8 percent.
CSX Corporation, together with its auxiliaries, provides rail-based transportation services in the United States and Canada. It offers traditional rail services, and transports intermodal containers and trailers.
Finally, Archer-Daniels-Midland Company (NYSE:ADM), ended its last trade with 0.36% gain, and closed at $48.02.
The European Commission has granted conditional clearance for Cargill to acquire Archer Daniels Midland’s (ADM) chocolate business in Europe. Together with the approvals granted earlier by the US Department of Justice, this completes the regulatory approval process for the global deal.
“The acquisition underlines Cargill’s commitment to meeting our customers’ needs and constitutes a milestone for our chocolate growth strategy, strengthening our position as a leading player in the cocoa and chocolate industry,” says Bryan Wurscher, president Cargill Cocoa and Chocolate North America. “The new organization will deepen our service to chocolate customers and expand our footprint and production capability significantly. Customers will benefit from a combined business with a broad range of high quality cocoa and chocolate products for confectionery, bakery, dairy, and other applications.”
After closing of the transaction, three chocolate, compound and liquor production sites in North America - Milwaukee (Wis.), Hazleton (Penn.) and Georgetown (Ontario) and three chocolate and compound production sites in Europe - Liverpool (U.K.), Manage (Belgium) and Mannheim (Germany) and more than 650 employees will transfer to Cargill. And the Ambrosia®, Merckens® and Schokinag® brands will join Cargill’s existing portfolio of high quality chocolate brands.
Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. The company’s Oilseeds Processing segment originates, merchandises, crushes, and processes soybeans and soft seeds into vegetable oils and protein meals.
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