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Sunday 26 July 2015
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Active Stocks to Track: Mylan NV (NASDAQ:MYL), General Growth Properties Inc (NYSE:GGP), First Niagara Financial Group Inc. (NASDAQ:FNFG), TE Connectivity Ltd (NYSE:TEL)

On Friday, Shares of Mylan NV (NASDAQ:MYL), lost -0.93% to $65.94.

Mylan N.V., declared that it will host a conference call and live webcast on Thursday, August 6, 2015, at 10 a.m. ET, to review the company’s financial results for the second quarter ended June 30, 2015. Mylan will release its financial results on August 6, before the market opens.

Mylan N.V., through its auxiliaries, develops, licenses, manufactures, markets, and distributes generic, branded generic, and specialty pharmaceuticals worldwide. The company provides generic or branded generic pharmaceutical products in tablet, capsule, injectable, or transdermal patch forms, in addition to active pharmaceutical ingredients (APIs).

Shares of General Growth Properties Inc (NYSE:GGP), inclined 0.29% to $26.30, during its last trading session.

General Growth Properties, declared Fabletics, the online activewear and accessories line co-founded by award-winning actress Kate Hudson, will open its first brick-and-mortar stores at five GGP locations this fall to build off the success of its e-commerce platform. Launched in 2013, Fabletics offers premium fashion-forward activewear for women, and recently launched a versatile and high-performance athletic wear line for men, FL2.

“Adding Fabletics stores to our mall portfolio will give shoppers more access to an innovative activewear brand that is already making waves online,” said Alan Barocas, Sr. EVP of Leasing, GGP. “More and more, we are seeing pure-play retailers like Fabletics see the value of adding physical locations to enhance sales and brand visibility. In fact, 90 percent of all U.S. retail sales occur at physical stores, and when a pure-play retailer opens a physical store, they see online sales enhance three to five times in the same trade area.”

General Growth Properties, Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It engages in owning, managing, leasing, and redeveloping high-quality regional malls. General Growth Properties, Inc is based in Chicago, Illinois.

At the end of Friday’s trade, Shares of First Niagara Financial Group Inc. (NASDAQ:FNFG), gained 0.94% to $9.62.

First Niagara Financial Group, declared that the Company’s Board of Directors declared a quarterly dividend of eight cents ($0.08) per share on outstanding FNFG common stock.

First Niagara Financial Group, Inc. operates as the bank holding company for First Niagara Bank, N.A. that provides retail and commercial banking, and other financial services to individuals, families, and businesses.

Finally, TE Connectivity Ltd (NYSE:TEL), ended its last trade with -1.36% loss, and closed at $60.29.

TE Connectivity Ltd., stated results for the fiscal third quarter ended June 26, 2015.

Third Quarter Highlights

  • Net sales raised to $3.12 billion, up 1 percent as compared to the preceding year and up 4 percent organically
  • Adjusted Earnings Per Share (EPS) from ongoing operations were $0.90, up 6 percent as compared to the preceding year and above the high end of guidance
  • Diluted Earnings Per Share from ongoing operations (GAAP EPS) were $0.85, up 2 percent as compared to the preceding year
  • Free cash flow of $391 million; returned $386 million to shareholders counting $252 million of share repurchase
  • SubCom business declared New Cross Pacific (NCP) program contract in force; total value of programs in force for SubCom reached $1.5 billion

TE Connectivity Ltd., together with its auxiliaries, designs and manufactures connectivity and sensors solutions. It operates through four segments: Transportation Solutions, Industrial Solutions, Network Solutions, and Consumer Solutions.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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