On Friday, Cloud Peak Energy Inc. (NYSE:CLD)’s shares inclined 0.77% to $3.95.
Cloud Peak Energy Inc. (CLD) declared that, effective July 7, 2015, Robert Skaggs has been elected to the Cloud Peak Energy Board of Directors and will also serve as a member of the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee of the Board.
Skaggs is chairman of the board and chief executive officer of Columbia Pipeline Group, Inc. (“CPG”). CPG companies own and operate more than 15,000 miles of plannedally located natural gas pipelines, integrated with one of the largest underground storage systems in North America. Preceding to CPG’s separation from NiSource Inc. in July 2015, Skaggs served as chief executive officer of NiSource since 2005 and president since 2004. NiSource Inc. is a Fortune 500 energy holding company engaged in natural gas transmission, storage and distribution, in addition to electric generation, transmission and distribution. NiSource relies on balanced fuel sources for its generation, counting coal.
Cloud Peak Energy Inc., through its auxiliaries, produces coal in the Powder River Basin (PRB) and the United States. The company operates through Owned and Operated Mines, Logistics and Related Activities, and Corporate and Other segments. It produces and sells sub-bituminous thermal coal with low sulfur content primarily to electric utilities operating in the United States and internationally.
Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT)’s shares gained 1.72% to $81.76.
Accenture (ACN) declared it has signed a contract with Starwood Hotels & Resorts Worldwide, Inc. (HOT), one of the world’s largest hotel and leisure companies, to continue providing a range of information technology (IT) outsourcing services. The original agreement began in 2009 and will be extended for an additional five years, building on the successful business relationship and delivery of application and infrastructure services.
Starwood Hotels & Resorts Worldwide, Inc., together with its auxiliaries, operates as a hotel and leisure company worldwide. The company owns, operates, and franchises luxury and upscale full-service hotels, resorts, residences, retreats, select-service hotels, and extended stay hotels under the St. Regis, The Luxury Collection, W, Westin, Le Méridien, Sheraton, Four Points, Aloft, and Element brand names.
At the end of Friday’s trade, Lennar Corporation (NYSE:LEN)‘s shares surged 1.10% to $53.30.
Lennar Corporation (LEN) has pulled back in the last week, but traders apparently believe that any further losses will be limited.
optionMONSTER’s tracking systems identified the sale of 2,300 July 43 puts in one print for the bid price of $0.60 this morning. This is clearly a new position, as open interest in the strike was a mere 10 contracts before the trade occurred.
The put seller collects the $0.60 premium and is looking for TICKER to stay above $43 through expiration in mid-July. If the stock falls below that strike price, the trader will be on the hook to buy shares at that level.
LEN is down 0.63 percent to $47.10 recently. The homebuilder rallied above $50 about a week ago with strong housing starts but hit resistance at its 50-day moving average and has been falling since.
Recently put selling makes up more than 80 percent of the option volume in Lennar, which already matches its full-session average for the last month.
Lennar Corporation, together with its auxiliaries, engages in the homebuilding activities in the United States. The company operates through Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida, Homebuilding Houston, Financial Services, Rialto, and Lennar Multifamily segments.
Omnicom Group Inc. (NYSE:OMC), ended its Friday’s trading session with 2.39% gain, and closed at $72.69.
While the media comments on AutoNation’s 10 millionth car sale and $20 million ad campaign with Zimmerman Advertising in recognition of the benchmark, it’s time to put the microscope to over 15 years of partnership between the nation’s largest auto retailer and Omnicom Group Inc. (OMC)’s retail growth machine. Mutual ambition and commitment to results has meant not only an enduring professional relationship, but the generation of comprising success through a period of transition for the advertising industry and a protracted economic downturn.
Since AutoNation partnered with Zimmerman 15+ years ago, the days of simple TV, radio and print ads have fully evolved into much more. While AutoNation continued to buy up local and regional dealerships around the country, Zimmerman paid close attention to retail trends and expanded to integrate their agency for the changing landscape.
The launch of the largest ad campaign in AutoNation history follows noteworthy milestones for both client and agency. While AutoNation made a bold move towards becoming a national retail chain in 2013 by replacing all localized brand names throughout the country with the company’s corporate moniker, Zimmerman invested and accomplished construction on a new headquarters for their fast-growing team and client roster; moving into the only state-of-the-art advertising hub of its kind in the nation.
Omnicom Group Inc., together with its subsidiaries, operates as an advertising, marketing, and corporate communications services company in the Americas, Europe, the Middle East, Africa, and the Asia pacific. It offers services in advertising, customer relationship management, public relations, and specialty communications areas.
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