Following U.S. Stocks may claim a “BIG Change” in the course of Today’s trading session: United Continental Holdings, Inc. (NYSE:UAL), Mylan N.V. (NASDAQ:MYL), ITT Corporation (NYSE:ITT), Amazon.com Inc. (NASDAQ:AMZN), Abbott Laboratories (NYSE:ABT)
At 9:42AM, United Continental Holdings, Inc. (NYSE:UAL), with shares declined -2.40%, is now trading at $65.64, Mylan N.V. (NASDAQ:MYL), with shares dropped -1.62%, is now trading at $58.39, ITT Corporation (NYSE:ITT), with shares dipped -0.63%, and is now trading at $39.66, Amazon.com Inc. (NASDAQ:AMZN), dropped -0.40%, and is now trading at $370.55, and Abbott Laboratories, (NYSE:ABT), lost -0.63%, and is now trading at $46.04.
Headlines regarding these Stocks are depicted underneath:
United Continental Holdings, Inc. (NYSE:UAL)
Deutsche Bank cut its rating on United Continental Holdings, Inc. (UAL)’s stock to “hold” from “buy,” based on its prediction of weaker-than-predictable international sales and other factors.
Formerly on March 19, the company declared that it has renewed its partnership with the National Association of Hispanic Journalists (NAHJ) and will be the official airline of the organization’s special events throughout 2015.
“United is happy to continue its support for the NAHJ,” said Dave Messing, United’s vice president, corporate communications. “At United, we value an inclusive work environment characterized by dignity and respect, which aligns well with the NAHJ’s advocacy for accurate and fair treatment of Hispanics by the news media. We’re proud that our support assists NAHJ offer career-development opportunities for Hispanics in the news industry and provide scholarships to aspiring journalism students.”
United Airlines and United Express operate an average of 5,055 flights a day to 373 airports across six continents. In 2014, United and United Express operated nearly two million flights carrying 138 million customers. United is proud to have the world’s most comprehensive route network, counting U.S. mainland hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C. United operates nearly 700 mainline aircraft, and this year, the airline anticipates taking delivery of 34 new Boeing aircraft, counting the 787-9 and the 737-900ER.
Mylan N.V. (NASDAQ:MYL)
Mylan N.V. (NASDAQ:MYL), declared the pricing of the underwritten public offering of 35,000,000 ordinary shares held by certain auxiliaries of Abbott Laboratories (NYSE:ABT), at $58.35 per share. Abbott has also granted the underwriters an option to purchase an additional 5,250,000 ordinary shares. The net proceeds from the Offering will be about $1.99 billion (or $2.29 billion if the option is exercised) after estimated underwriting discounts, commissions and offering expenses. Mylan will not sell any ordinary shares in the Offering and will not receive any of the proceeds from the Offering. The 35,000,000 ordinary shares being sold (or 40,250,000 ordinary shares if the underwriters’ option is exercised) represent 31.8% or (36.6% if the option is exercised) of the 110,000,000 ordinary shares presently owned by Abbott.
Mylan is a global pharmaceutical corporation committed to setting new standards in healthcare. Working together around the world to provide 7 billion people access to high quality medicine, we innovate to satisfy unmet needs; make reliability and service excellence a habit; do what’s right, not what’s easy; and influence the future through passionate global leadership.
Abbott Laboratories manufactures and sells health care products worldwide. Its Established Pharmaceutical Products segment offers branded generic pharmaceuticals for the treatment of pancreatic exocrine insufficiency; irritable bowel syndrome; intrahepatic cholestasis or depressive symptoms; gynecological disorders; dyslipidemia; hypertension; hypothyroidism; pain, fever, and inflammation; hormone replacement therapy; anti-infective and influenza vaccines; and product that regulates physiological rhythm of the colon.
ITT Corporation (NYSE:ITT)
ITT Corporation (ITT), said a series of recently declared restructuring moves would result in cash charges of $13 million to $14 million and non-cash charges of $4 million to $5 million. The corporation adds that the moves are predictable to result in annual savings of $17 million to $20 million.
Formerly on March 24, the company declared that it is investing about $20 million to further expand its braking technology production capabilities in Wuxi, Jiangsu Province, China, bringing its total investment in the facility to nearly $50 million over the past three years.
The investment in the corporation’s Motion Technologies business demonstrates ITT’s ongoing commitment in China as it ensures the facility is prepared for future opportunities to support customers and the automotive market in the region. ITT’s Motion Technologies business produces and supplies braking and friction technologies for all categories of passenger cars for major vehicle manufacturers in China and around the world.
ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the energy, transportation and industrial markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life.
Amazon.com Inc. (NASDAQ:AMZN)
Amazon.com Inc. (AMZN), has unveiled a WiFi connected device called a “Dash Button,” allowing consumers to order products from brands like Dash, Huggies, and Gillette merely by pressing the button. The offer is only open to Prime members who receive an email invitation.
On the other hand, Audible, Inc., an Amazon.com, Inc. partner (AMZN), declared the release of Aidan Gillen’s new interpretation of Sun Tzu’s classic military treatise, The Art of War. This recording of the legendary general and philosopher’s best-known work by “Game of Thrones” star Gillen is now accessible for download at www.audible.com/ArtofWar.
In addition to Gillen, among the acclaimed performers who have narrated works of literature for Audible are Dan Stevens, Jake Gyllenhaal, Kate Winslet and Tim Robbins. In 2013, Audible Studios won its first Grammy Award, for its production of Janis Ian’s memoir Society’s Child, and also won the Audie Award for Audiobook of the Year, for Colin Firth’s performance of Graham Greene’s The End of the Affair.
Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates in two segments, North America and International.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
