During Monday’s Current trade, Shares of VeriFone Systems Inc (NYSE:PAY), gain 2.14% to $26.76.
VeriFone Systems, Inc. (PAY) declared that its board of directors has authorized a $200 million share repurchase program.
The authorization is the first in Verifone’s history and represents about 6.5 percent of the company’s outstanding shares based on current trading prices. It provides Verifone with flexibility to repurchase shares opportunistically from time to time, based on market and business conditions, the company’s ongoing cash flow generation, and other factors.
VeriFone Systems, Inc. designs, markets, and services electronic payment solutions at the point of sale (POS) worldwide. It provides countertop electronic payment systems that accept card payment options, such as NFC, mobile wallets, chip and PIN, and contactless payments, in addition to support credit and debit card, EBT, EMV, and other PIN-based transactions; and a portfolio of application libraries and development tools.
Shares of McKesson Corporation (NYSE:MCK), declined -2.75% to $186.00, during its current trading session.
McKesson Corporation (MCK) a leading international healthcare services and information technology company, declared an agreement to purchase the pharmaceutical distribution division of UDG Healthcare (UDG) based in Northern Ireland (United Drug Sangers) and the Republic of Ireland (United Drug).
Under the terms of the agreement McKesson will acquire: United Drug and United Drug Sangers, leading wholesale operations across the Republic of Ireland and Northern Ireland; TCP, a leading home healthcare provider in the Republic of Ireland; and MASTA, UDG’s travel healthcare business based in the United Kingdom.
The transaction is subject to UDG shareholder approval and EU competition clearance, among other customary closing conditions and is predictable to close in the first half of calendar year 2016.
McKesson Corporation delivers pharmaceuticals, medical supplies, and health care information technologies to the healthcare industry in the United States and internationally. The company operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions.
Flowers Foods, Inc. (NYSE:FLO), during its Monday’s current trading session gained 0.94% to $25.64.
Flowers Foods, Inc. (FLO) declared that Stephen R. Avera, executive vice president, secretary, and general counsel, and Bradley K. Alexander, executive vice president and chief operating officer, exercised stock options this week.
Mr. Avera exercised options for 88,087 shares of Flowers Foods common stock in a transaction with the company. Solely to cover the exercise price and related tax liability, he sold 61,700 shares. With the completion of this exercise, Mr. Avera raised his direct ownership from 372,176 shares to 398,563 shares, well in excess of the company’s stock ownership guidelines. The options were granted to Mr. Avera in 2009 under the company’s Equity and Performance Incentive Plan and were set to expire in February 2016.
Flowers Foods, Inc. produces and markets bakery products in the United States. It operates through two segments, Direct-Store-Delivery (DSD) and Warehouse Delivery. The DSD segment produces and markets fresh bakery foods, counting fresh breads, buns, rolls, tortillas, and snack cakes.
Finally, Canadian Solar Inc. (NASDAQ:CSIQ), decreased -5.81%, to $16.04.
Canadian Solar Inc. (CSIQ), one of the world’s largest solar power companies, declared it has released its 2014 Corporate Social Responsibility (CSR) report.
The CSR report shows our commitment to sustainable social and environmental development. Our 2014 CSR report strictly follows the international standard for sustainability reports, the Global Reporting Initiative (GRI) G4, and demonstrates Canadian Solar’s firm commitment to making the difference.
Some of the highlights of Canadian Solar’s CSR 2014 report comprise:
— Platform for sustainable growth strengthened by a 79% enhance in revenue 2014
— Factory water consumption reduced by about 50% in Luoyang Plant
— CO2 emissions dropped by more than 15% per kWh since 2011
While the bulk of the report reviews Canadian Solar’s social, economic and environmental sustainability efforts over the last few years, it is also a forward-looking document.
Canadian Solar Inc., together with its auxiliaries, designs, develops, manufactures, and sells solar wafers, cells, and solar power products worldwide. The company operates in two segments, Module and Energy.
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