On Friday, Garmin Ltd. (NASDAQ:GRMN)’s shares inclined 0.27% to $45.62.
Garmin Ltd. (NASDAQ:GRMN)’s annual shareholders’ meeting held recently, approval was received from the shareholders in accordance with Swiss corporate law for a cash dividend in the amount of $2.04 per share (subject to possible adjustment based on the total amount of the dividend in Swiss Francs as approved at the annual meeting), payable in four equal installments. The board has determined that the June installment of the dividend will be paid as indicated below and presently anticipates the scheduling of the remaining quarterly dividends as follows:
Dividend Date Record Date $s per share
June 30, 2015 June 16, 2015 $0.51
September 30, 2015 September 15, 2015 $0.51
December 31, 2015 December 15, 2015 $0.51
March 31, 2016 March 15, 2016 $0.51
Garmin Ltd., together with its auxiliaries, designs, develops, manufactures, and markets hand-held, wrist-based, and portable and fixed-mount global positioning system (GPS) enabled products; and other navigation, communication, and information products worldwide. It operates in five segments: Automotive/Mobile, Aviation, Marine, Outdoor, and Fitness. The Automotive/Mobile segment offers personal automotive navigation devices; and infotainment solutions, in addition to mobile applications under the Viago, StreetPilot, and NAVIGON brands.
58.com Inc (ADR) (NYSE:WUBA)’s shares gained 1.81% to $16.29.
58.com Inc (ADR) (NYSE:WUBA) stated its unaudited financial results for the first quarter ended March 31, 2015.
First Quarter 2015 Financial Highlights
- Total revenues were US$87.1 million, an 80.5% enhance from the same period last year; surpassing guidance of US$82.0 to US$84.0 million.
- Gross margin was 93.1%, contrast with 94.9% during the same quarter of 2014.
- Net loss attributable to 58.com Inc. was US$52.4 million, contrast with net income attributable to 58.com Inc. of US$2.3 million in the same period of last year.
- Non-GAAP net loss attributable to 58.com Inc.[1]was US$47.8 million, contrast with non-GAAP net income attributable to 58.com Inc. of US$3.3 million in the same quarter of 2014.
- Basic and diluted losses per ADS[2]attributable to ordinary shareholders were US$0.59. One ADS represents two Class A ordinary shares.
58.com Inc. operates an online marketplace for local merchants and consumers in the People’s Republic of China. Its online marketplace enables local merchants and consumers to connect, share information, and conduct business.
At the end of Friday’s trade, Automatic Data Processing (NASDAQ:ADP)‘s shares dipped -93.75% to $0.0001.
Automatic Data Processing (NASDAQ:ADP) will host a client insight roundtable at their state-of-the-art ADP Innovation Lab in New York City. The eleven participants attending this event were awarded the trip as winners of a client video testimonial contest called Insights2Innovation and will have the opportunity to share their perspectives and insights with ADP’s thought leaders and innovators in human resource administration.
The Insights2Innovation video contest was created to allow clients of ADP’s HR BPO solutions to articulate the challenges they face, and share perspectives on how they are partnering with ADP to overcome them. The roundtables and focus groups taking place during the event will seek to explore attendees’ thoughts on a multitude of HR issues counting employee engagement and retention; differences in the needs of multiple generations in workforce; compliance with the Affordable Care Act and other regulations, and other key business issues.
Automatic Data Processing, Inc., together with its auxiliaries, provides technology-based outsourcing solutions to employers worldwide. The company operates through Employer Services and Professional Employer Organization (PEO) Services segments. The Employer Services segment offers a range of business outsourcing and human capital administration (HCM) solutions, counting payroll services, benefits administration services, talent administration solutions, human resources administration solutions, time and attendance administration solutions, insurance services, retirement services, and tax compliance and payment solutions.
Estee Lauder Companies Inc (NYSE:EL), ended its Friday’s trading session with 0.08% gain, and closed at $87.46.
Estee Lauder Companies Inc (NYSE:EL) will speak at the Deutsche Bank Global Consumer Conference in Paris, France on Tuesday, June 9, 2015. Cedric Prouvé, Group President International and Tracey T. Travis, Executive Vice President and Chief Financial Officer, will talk about the Company’s strategies and take questions from the audience.
Interested parties can access the live webcast of the presentation on Tuesday, June 9th at 2:45 p.m. (8:45 a.m. ET) at http://investors.elcompanies.com. The webcast will be archived on the site.
The Estée Lauder Companies Inc. manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. The company’s skin care products comprise moisturizers, serums, cleansers, toners, exfoliators, acne and oil correctors, sun care, and eye and body care products; and makeup products comprise of face, eye, lip, and nail products, in addition to related items, such as compacts, brushes, and other makeup tools. It also offers fragrances products for women and men in various forms, counting eau de parfum sprays and colognes; lotions, powders, creams, candles, and soaps; and hair care products comprising hair color and styling products, shampoos, conditioners, and treatment and finishing sprays.
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