On Monday, Shares of Peabody Energy Corporation (NYSE:BTU), lost -3.74% to $1.80.
Peabody Energy CFO Michael Crews plans to leave the St. Louis-based company by the end of July to take the top financial position “at a major industrial firm,” Peabody said Wednesday.
Amy Schwetz will take Crews’ position as executive vice president and CFO, Peabody said.
Schwetz has been in financial positions with Peabody for 10 years, counting senior vice president of finance and administration – Australia, her most recent post; senior vice president of finance and administration – Americas; vice president of investor relations; vice president of capital and financial planning; director of financial planning; and director of compliance and accounting policies, according to American City Business Journals.
Peabody Energy Corporation offers mining of coal. The company operates through Western U.S. Mining, Midwestern U.S. Mining, Australian Mining, Trading and Brokerage, and Corporate and Other segments. It is involved in mining and sale of thermal coal to electric utilities and metallurgical coal for industrial customers.
Shares of UnitedHealth Group Incorporated (NYSE:UNH), inclined 0.29% to $122.16, during its last trading session.
UnitedHealth Group, and its benefits and services businesses, UnitedHealthcare and Optum, are taking immediate action to assist people affected by the recent wildfires affecting residents in Wenatchee and to the northwest in the neighborhood of Sleepy Hollow Heights, Wash.
This comprises a free emotional-support line to assist people in the affected communities and assisting health plan participants who may be affected and need to make alternate arrangements to ensure continuity of care.
Free Assist Line: Optum, a leading health and behavioral health services company, is offering a free emotional-support assist line.
The toll-free number, 866-342-6892, will be open 24 hours a day, seven days a week, for as long as necessary. The service is free of charge and open to anyone. Specially trained Optum mental health specialists assist people manage their stress and anxiety so they can continue to address their everyday needs. Callers may also receive referrals to community resources to assist them with specific concerns, counting financial and legal matters.
UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company’s UnitedHealthcare 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, Brinker International, Inc. (NYSE:EAT), ended its last trade with 0.07% gain, and closed at $57.58.
Brinker International, declared it has attained Pepper Dining Holding Corp., a franchisee of 103 Chili’s® Grill & Bar restaurants primarily located in the Northeast and Southeast. The purchase price of $106.5 million was funded with availability under Brinker’s existing credit facility and the acquisition is predictable to be EPS accretive in fiscal year 2016.
“This acquisition represents a compelling opportunity to create value for our shareholders and generate additional earnings and cash flow growth,” said Wyman Roberts, CEO and President of Brinker International and President of Chili’s Grill & Bar. “We plan to leverage our strong Chili’s operations infrastructure, roll out the brand’s new loyalty program to all restaurants and complete reimaging of the portfolio. More broadly, Brinker remains committed to our other franchise partners and looks forward to ongoing to support their growth and expansion.”
This transaction fits within Brinker’s capital allocation strategy of investing in the business, managing debt within investment grade metrics and returning cash to shareholders. Any capital needs of the attained restaurants will be funded with cash generated from the restaurants with no predictable impact to share repurchase capacity.
Brinker International, Inc. owns, develops, operates, and franchises casual dining restaurants under the Chili’s Grill & Bar and Maggiano’s Little Italy brands worldwide. As of September 24, 2014, it owned, operated, or franchised 1,622 restaurants. The company was founded in 1975 and is based in Dallas, Texas.
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