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Saturday 8 August 2015
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Friday’s Trade News Analysis on: ConAgra Foods (NYSE:CAG), Avis Budget Group (NASDAQ:CAR), Amazon.com, Inc. (NASDAQ:AMZN), Mastercard (NYSE:MA)

On Friday, ConAgra Foods Inc (NYSE:CAG)’s shares inclined 0.67% to $44.82.

ConAgra Foods, Inc. (CAG) and JANA Partners LLC, which owns about 7% of ConAgra Foods’ outstanding shares, recently declared a contract in which ConAgra Foods will appoint Bradley A. Alford and Timothy R. McLevish to ConAgra Foods’ Board of Directors, effective no later than July 22, 2015. With the addition of Messrs. Alford and McLevish, the ConAgra Foods Board will enhance from 12 to 14 members.

ConAgra Foods, Inc. operates as a food company primarily in North America. The company operates through three segments: Consumer Foods, Commercial Foods, and Private Brands. The Consumer Foods segment provides branded food products in various categories, such as meals, entrees, condiments, sides, snacks, and desserts to various retail channels, such as grocery and convenience stores across frozen, refrigerated, and shelf-stable temperature classes.

Avis Budget Group Inc. (NASDAQ:CAR)’s shares gained 1.44% to $42.40.

Avis Budget Group, Inc. (CAR) declared that it has reached an expanded, new multi-year partnership marketing agreement with Southwest Airlines (LUV) which will enable the Company to promote Avis Car Rental, Budget Car Rental and Payless Car Rental offers, products and services to Southwest customers. Southwest Airlines flies more than 100 million passengers per year, and Avis Budget Group provides travelers with more than 100 million vehicle rental days per year.

As part of the new agreement, Avis, Budget and Payless will have advertising placement on the Southwest Airlines website in addition to merchandising placement throughout the airline reservation process. The car rental brands will also be featured on airline confirmation pages and pre-trip emails to customers. Special car rental discount offers, such as bonus Rapid Rewards(R) credits for accomplished rentals will also be presented on southwest.com.

Avis Budget Group, Inc., together with its auxiliaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. The company has three segments: North America, International, and Truck Rental. It operates the Avis car rental system with about 5,450 locations, that supply rental cars to the premium commercial and leisure segments of the travel industry; the Budget vehicle rental system with about 3,500 car rental locations, which serve the value-conscious segments of the industry; and Zipcar, a membership-based car sharing network that provides vehicles to about 915,000 members.

At the end of Friday’s trade, Amazon.com, Inc. (NASDAQ:AMZN)‘s shares surged 2.10% to $433.51.

Amazon (AMZN) declared the introduction of popular video game characters that can be customized as part of the 3D Printed Products store (www.amazon.com/3dp). To start, the new “Personalize Now” widget will allow customers to customize more than 35 of their favorite characters across Smite, Primal Carnage and Infinity Blade. Customers can now access millions of unique design combinations sold by Sandboxr that can be created with the personalization tools.

Personalization options comprise:

  • Smite: More than 30,000 ways to create customized characters.
  • Primal Carnage: More than 12,500 customized set framed poses and character options.
  • Infinity Blade: Over 12 million combinations to personalize the characters with unique poses, armor configurations, weapons and accessories.

Here’s how it works: Customers start by selecting the game character they wish to personalize and launching the personalization widget. Next, customers can explore an almost infinite number of poses, animation designs, accessories and more depending on the game character to put their individual style on the character. With the 3D product preview function, customers can rotate 360 degrees a virtual model of the character to tailor their creation from every angle. After the character is personalized and the customer has finished the checkout process, the item is 3D printed on-demand and shipped directly to the customer. The cost to customize a character starts as low as $29.99, with larger customized characters ranging from $49.99 to $89.99.

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. It also offers programs that enable sellers to sell their products on company’s Websites, and their own branded Websites; and programs, which allow authors, musicians, filmmakers, app developers, and others to publish and sell content.

Mastercard Inc (NYSE:MA), ended its Friday’s trading session with 1.72% gain, and closed at $94.64.

MasterCard Incorporated (MA) will release its second-quarter financial results. The company will host a conference call to talk about these results on Wednesday, July 29, 2015, at 9:00 a.m. Eastern Time.

MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company facilitates the processing of payment transactions, counting authorization, clearing, and settlement, in addition to delivers related products and services. It also offers value-added services, such as loyalty and reward programs, and information and consulting services.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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