On Tuesday, Shares of American Eagle Outfitters, Inc. (NYSE:AEO), lost -1.63% to $15.74.
American Eagle Outfitters, continues its global expansion with new license agreements in South Korea with SK Networks Co., Ltd.; in Singapore with Trendz 360, Pte. Ltd.; and in Greece with Notos Com Holdings, S.A. Stores will start opening in mid-2015. The addition of these key markets strengthens the company’s position across the EMEA and APAC regions and extends its reach to 28 countries worldwide, through a combination of international licensed and company owned and operated stores.
“As we continue to profitably scale our international growth, we are happy to declare the addition of these important new markets. We look forward to bringing our casual American style and iconic American Eagle Outfitters jeans brand in addition to Aerie intimates to new customers. Together with our licensed partners, we will offer the very best brand experience. Our partners bring vast knowledge in their respective markets, an expertise in building businesses and a strong passion for our brands,” said Simon Nankervis, Executive Vice President–Global Commercial Operations.
American Eagle Outfitters, Inc. operates as a retailer of apparel and accessories in the United States and internationally. The company’s stores offers denims, pants, shorts, sweaters, fleece, outerwear, graphic T-shirts, footwear, and accessories for 15 to 25 year old men and women under the American Eagle Outfitters brand name; and intimates and personal care products for women the aerie brand name.
Shares of Analog Devices, Inc. (NASDAQ:ADI), inclined 0.14% to $63.45, during its last trading session.
Analog Devices, declared financial results for its second quarter of fiscal year 2015, which ended May 2, 2015.
ADI also declared that the Board of Directors has declared a cash dividend of $0.40 per outstanding share of common stock. The dividend will be paid on June 9, 2015 to all shareholders of record at the close of business on May 29, 2015.
Results for the Second Quarter of Fiscal Year 2015
- Revenue totaled $821 million, up 6% sequentially, and up 18% year-over-year
- GAAP gross margin of 66.4% of revenue; Non-GAAP gross margin of 66.5% of revenue
- GAAP operating margin of 30.3% of revenue; Non-GAAP operating margin of 33.7% of revenue
- GAAP diluted EPS of $0.65; Non-GAAP diluted EPS of $0.73.
Analog Devices, Inc. engages in the design, manufacture, and marketing of analog, mixed-signal, and digital signal processing integrated circuits (ICs) for use in industrial, automotive, consumer, and communication markets worldwide. It offers signal processing products that convert, condition, and process real-world phenomena, such as temperature, pressure, sound, light, speed, and motion into electrical signals.
At the end of Tuesday’s trade, Shares of Amazon.com Inc. (NASDAQ:AMZN), lost -0.83% to $421.71.
TenMarks, an Amazon company, is working hard to keep students engaged over the summer to reverse learning loss in math before heading back to school. The TenMarks Summer Math Program is a national program that provides students with a personalized course tuned to their individual learning needs, based on a summative end-of-year assessment. The program is accessible recently and runs through August 31, 2015, and is accessible free to every family in the United States—parents should visit http://summer.tenmarks.com for more information and to sign up. The TenMarks Math for Students app is accessible for tablets on iOS, Android or Fire OS.
Research shows students lose two to three months of grade level math equivalency over the summer, which impacts their readiness for the next school year. With the TenMarks Summer Math Program, parents can encourage students to use screen time in a productive way over the summer, whether at home or on-the-go. Data from the 2014 program showed that students tested at the starting of the program and then again at the end of the program averaged 11% enhance in scores. Students who scored less than 70% on assessments at the starting exhibited the biggest enhance in scores with an average 16.5% gain, demonstrating further the gains that can be achieved with adaptive, personalized learning.
The TenMarks Summer Math Program is designed for students concluding grade 1 through Geometry and Algebra 2, assisting build their math foundation and skills over the summer break at their own pace and time, and benefitting teachers who typically spend the first few weeks of a school year re-introducing the previous years’ teachings. The program starts with a diagnostic assessment it uses to automatically create a personalized summer curriculum, which reviews concepts from the previous year, and introduces concepts for the year ahead. As students work through their curriculum, they use embedded hints and video lessons to refresh what they know while learning new material. The program adapts with targeted interventions for real-time learning assistance.
Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates in two segments, North America and International. The company serves consumers through retail Websites, such as amazon.com and amazon.ca, which primarily comprise merchandise and content purchased for resale from vendors and those offered by third-party sellers.
Finally, FirstEnergy Corp. (NYSE:FE), ended its last trade with 0.48% gain, and closed at $35.50.
FirstEnergy Corp., declared that its Board of Directors has named Dennis M. Chack to senior vice president, Marketing and Branding, and Gary D. Benz to senior vice president, Strategy. The promotions will be effective June 1, 2015.
Chack, presently president, Ohio Operations, will have overall responsibility for corporate branding and marketing of services and energy efficiency programs and will report to FirstEnergy President and Chief Executive Officer Charles E. Jones. He will also oversee the newly created FirstEnergy Products group, which will develop new value-added products and services that benefit customers. Reporting to Chack will be Gretchan Sekulich, vice president, Communications and Marketing, whose new responsibilities comprise creating a corporate marketing strategy and communications programs to promote FirstEnergy’s brand and new products and services. In addition, she will continue to oversee corporate communications. John Dargie, vice president, Energy Efficiency, will also report to Chack.
Presently vice president, Supply Chain, Benz will report to executive vice president, Markets and Chief Legal Officer Leila Vespoli. He will lead the ongoing refinement of FirstEnergy’s corporate strategy and long-term business forecast, monitor strategy implementation and oversee development of new business opportunities. Dave Pinter, executive director, Business Development, and Nick Fernandez, director, Business Planning and Performance, will report to Benz.
FirstEnergy Corp., through its auxiliaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments. It owns and operates fossil, coal-fired, nuclear, oil and natural gas, wind and solar power, and hydroelectric generating facilities.
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