During Monday’s Current trade, Shares of Brady Corp (NYSE:BRC), lost -0.10% to $19.74.
Brady Corporation (BRC) a world leader in identification solutions, recently stated its financial results for its fiscal 2015 fourth quarter and year ended July 31, 2015.
Quarter Ended July 31, 2015 Financial Results:
Sales for the quarter ended July 31, 2015 reduced 8.9 percent to $288.6 million contrast to $316.7 million in the fourth quarter of fiscal 2014. Total organic sales reduced 1.2 percent and foreign currency translation reduced sales by 7.7 percent. By segment, organic sales reduced 0.3 percent in Identification Solutions and reduced 3.2 percent in Workplace Safety.
During the fourth quarter ended July 31, 2015, the Company recorded an impairment charge of $46.9 million primarily related to the write down of intangible assets in the Company’s Workplace Safety segment. These impairment charges were primarily driven by sales and profitability reductions and reduced forecasts for future sales and profitability growth. In the fourth quarter of last year, the Company also incurred an impairment charge of $148.6 million related to its PeopleID reporting unit.
Brady Corporation manufactures and supplies identification solutions, specialty materials, and workplace safety products that identify and protect premises, products, and people in the United States and internationally. It operates through two segments, Identification Solutions and Workplace Safety.
Shares of Allscripts Healthcare Solutions Inc (NASDAQ:MDRX), inclined 0.68% to $13.38, during its current trading session.
Villa Medical Clinic in Newburg, Ore., selected Allscripts (MDRX) Chronic Care Administration (CCM) Program to establish ongoing monthly outreach to hundreds of patients who suffer from two or more chronic conditions without adding staff or increasing workloads for current employees.
Villa Medical Center has served its community for more than 50 years and presently provides care services with one physician, three physician assistants and a team of nurses and support staff. The practice sought a way to simplify the rollout of care for patients with chronic conditions through the Centers for Medicare & Medicaid services (CMS) reimbursement program. The practice is in the process of transitioning to Allscripts Professional EHR(TM) from which it will be able to identify Medicare and Medicaid patients with chronic conditions who could benefit from raised care.
Allscripts Healthcare Solutions, Inc. provides clinical, financial, electronic health records (EHR), connectivity, hosting, outsourcing, analytics, patient engagement, and population health products and services in the United States and Canada. It operates in three segments: Clinical and Financial Solutions, Population Health, and Managed Services. The Clinical and Financial Solutions segment provides integrated clinical software applications, financial and information solutions, and related installation and maintenance services, counting EHR related software, financial and practice administration software, related installation and training services, and electronic claims administration services.
CME Group Inc (NASDAQ:CME), during its Monday’s current trading session gained 0.07% to $94.55.
CME Group, the world’s leading and most diverse derivatives marketplace, recently declared it will expand its base metals offering with the introduction of a new Aluminium European Premium Duty-Unpaid (Metal Bulletin) futures contract to start trading on 21 September, 2015. Pending relevant regulatory review periods, the new contract will be accessible for trading on CME Globex and for submission for clearing through CME ClearPort, and will be listed with and subject to the rules and regulations of COMEX.
These new contracts will complement CME Group’s existing suite of aluminium risk administration tools, counting its Aluminum MW U.S. Transaction Premium futures and physically delivered Aluminum futures. Industry participation in the Aluminum Midwest Premium contract has steadily raised, trading the equivalent of more than 650,000 metric tons since their launch in April 2012 and reaching a record 19,335 contracts open interest on 1 September 2015. Aluminum futures, which were introduced in May of last year, serve as a reference price for the North American aluminium industry and allow participants to better manage their price risk.
CME Group Inc., through its auxiliaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers a range of products for trading and/or clearing across various asset classes, based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals. The products comprise exchange-traded; and privately negotiated futures and options contracts and swaps.
Finally, Cherokee Inc (NASDAQ:CHKE), decreased -3.45%, to $14.31.
Cherokee Global Brands (CHKE), a global marketer of style-focused lifestyle brands, declared recently that Henry Stupp, the Company’s Chief Executive Officer and Jason Boling, the Company’s Chief Financial Officer, will present at the Inaugural B. Riley & Co. Retail & Consumer Conference to be held on Wednesday, September 16, 2015 at 10:30 a.m. PT/1:30 p.m. ET at the New York Athletic Club in New York City, NY.
Cherokee Inc. markets, manages, and licenses fashion and lifestyle brands for apparel, footwear, home, and accessories worldwide. It owns or represents Cherokee, Liz Lange, Completely Me by Liz Lange, Hawk, Tony Hawk, Sideout, Sideout Sport, Carole Little, Saint Tropez-West, Chorus Line, All That Jazz, and other brands. The company also assists other brand-owners and companies in identifying opportunities as a licensee or licensor for their brands or stores, in addition to in partner with individuals to market and license their lifestyle brands.
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