During Friday’s current trade, AFLAC Incorporated (NYSE:AFL)’s shares decline -0.40% to $62.84.
Aflac, the leading provider of voluntary insurance at the work site in the United States, declared recently that it will be the presenting sponsor of a new Aflac Cup trophy recognizing the top amateur golfer in three prestigious events.
Mirrored after the PGA TOUR’s season-long championship format, the Aflac Cup will be awarded based on a point system. The amateur player who receives the most points based on standings at the end of the designated tournaments will win the Aflac Cup.
Aflac Incorporated, through its partner, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers various voluntary supplemental insurance products, counting cancer plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans, and annuities in Japan.
Steel Dynamics, Inc. (NASDAQ:STLD)‘s shares gain 0.79% to $21.63, during the current trading session Friday’s, hitting its highest level.
Steel Dynamics, Inc. (STLD) in Washington, D.C., joined by AK Steel Corporation, ArcelorMittal USA, California Steel Industries, Nucor Corporation, and United States Steel Corporation, petitioned the Department of Commerce (DOC) and the U.S. International Trade Commission (ITC) to apply antidumping (AD) and countervailing duties (CVD) against imports of corrosion resistant steel from China, India, Italy, South Korea, and Taiwan.
Imports of corrosion resistant sheet steel between 2012 and 2014 from the five subject countries raised 85%, from 1.5 million to 2.75 million tons. Further, imports raised by one third in the first quarter of 2015, from 600,000 to 800,000 tons, and based on licensing data have additionally raised in the second quarter. Over 15% of the U.S. market was lost to these subject imports, more than doubling their share between 2012 and the first quarter 2015.
Steel Dynamics, Inc., together with its auxiliaries, manufactures and sells steel products, processes and sells recycled ferrous and nonferrous metals, and fabricates and sells steel joist and decking products in the United States and internationally. The company operates in three segments: Steel Operations, Metals Recycling and Ferrous Resources Operations, and Steel Fabrication Operations.
In a mid-morning trade, Lumber Liquidators Holdings Inc (NYSE:LL)‘s shares surge 0.58% to $20.70.
Lumber Liquidators Holdings, Inc. (LL) and Lumber Liquidators, Inc. (together “Lumber Liquidators” or the “Company”) has declared (i) that the Company will discontinue the sale of laminate flooring products manufactured in China, and (ii) the unpredictable resignation of its former CEO, Robert Lynch. According to Gilman Law LLP, the declarements come as the Company faces a growing number of product liability and securities lawsuits stemming from, among other matters, its sale of Chinese-manufactured laminate wood flooring products. Just prior to his resignation, Lumber Liquidators former CEO, Robert Lynch, was quoted as saying “we believe it is the right decision to suspend the sale of these products,” referring to its Chinese manufactured laminate flooring. The Company also declared the termination and replacement of its Chief Merchandising Officer, William Schlegel.
Lumber Liquidators Holdings, Inc., together with its auxiliaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories.
Nevro Corp (NYSE:NVRO), during its Friday’s current trading session 0.50% gain and closed at $53.96.
Nevro Corp. (NVRO), a global medical device company that is providing innovative evidence-based solutions for the treatment of chronic pain, declared that its administration will be presenting at the JMP Securities Life Sciences Conference on Wednesday, June 24, 2015 in New York City.
Nevro Corp., a medical device company, develops and commercializes a neuromodulation platform for the treatment of chronic pain. It offers Senza system, a spinal cord stimulation system that delivers its proprietary HF10 therapy. The company was founded in 2006 and is headquartered in Menlo Park, California.
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