Search
Friday 25 September 2015
  • :
  • :
Latest Update

Market Movers: Flowers Foods, Inc.(NYSE:FLO), Williams-Sonoma, Inc.(NYSE:WSM), Prudential Financial Inc(NYSE:PRU), PPG Industries, Inc.(NYSE:PPG)

On Tuesday, Flowers Foods, Inc.(NYSE:FLO)’s shares inclined 1.6% to $24.74.

Flowers Foods, Inc. (FLO) declared that Allen L. Shiver, president and chief executive officer, has exercised stock options for 117,168 shares in a transaction with the company and consequently raised his direct ownership from 577,359 shares of Flowers Foods common stock to 612,027 shares, which is well in excess of the company’s stock ownership guidelines. Solely to cover the exercise price and related tax liability, Mr. Shiver sold shares of Flowers Foods common stock obtained through this option exercise in the open market. The options were granted to Mr. Shiver in 2009 under the company’s Equity and Performance Incentive Plan and were set to expire in February 2016.

Flowers Foods, Inc. produces and markets bakery products in the United States. It operates through two segments, Direct-Store-Delivery (DSD) and Warehouse Delivery. The DSD segment produces and markets fresh bakery foods, counting fresh breads, buns, rolls, tortillas, and snack cakes.

Williams-Sonoma, Inc.(NYSE:WSM)’s shares gained 1.42% to $78.11.

Williams-Sonoma, Inc. (WSM) declared that its Board of Directors has declared a quarterly cash dividend of $0.35 per common share. The dividend is payable on November 25, 2015 to stockholders of record as of the close of business on October 27, 2015. As of August 30, 2015, the Company had 90,742,939 shares of common stock outstanding.

Williams-Sonoma, Inc. is a specialty retailer of high-quality products for the home. These products, representing eight distinct merchandise strategies – Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation, and Mark and Graham – are marketed through e-commerce websites, direct mail catalogs and 612 stores. Williams-Sonoma, Inc. presently operates in the United States, Canada, Australia and the United Kingdom, offers international shipping to customers worldwide, and has unassociated franchisees that operate stores in the Middle East and the Philippines.

Williams-Sonoma Inc. operates as a multi-channel specialty retailer of home products. The company operates in two segments, E-commerce and Retail. It offers cooking, dining, and entertaining products, counting cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams-Sonoma brand; furniture, bedding, bathroom accessories, rugs, curtains, lighting, tabletop, outdoor, and decorative accessories under the Pottery Barn brand; and products designed for creating magical spaces where children could play, laugh, learn, and grow under the Pottery Barn Kids brand.

At the end of Tuesday’s trade, Prudential Financial Inc(NYSE:PRU)‘s shares dipped -0.01% to $75.83.

Prudential Mortgage Capital Company has closed a $241 million (£155 million) partial refinancing of Access Self Storage Limited on behalf of Enddora Holdings Limited and Birchal Limited Partnership. Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial, Inc. (PRU).

The fixed rate loan, with a term of more than 10 years, is secured by a portfolio of properties located in Greater London, the Midlands and the South.

This is the latest transaction following on from the £270m Watermark Place loan accomplished by Prudential Mortgage Capital in July 2015, reflecting an raised borrower appetite for long-term, fixed-rate senior debt.

Prudential Financial, Inc. provides insurance, investment administration, and other financial products and services to individual and institutional customers in the United States and internationally.

PPG Industries, Inc.(NYSE:PPG), ended its Tuesday’s trading session with -1.91% loss, and closed at $91.62.

PPG Industries (PPG) declared the completion of a Colorful Communities charitable-giving project near its paint-manufacturing plant in Cieszyn, Poland. Mayor Ryszard Macura of Cieszyn and Waldemar Gołębiewski, director of the PPG plant, recently reopened a children’s playground in the Park pod Wałką after renovation, expansion and painting was accomplished as part of PPG’s global Colorful Communities initiative. Launched earlier this year, the program expands PPG’s current investment in communities by committing $10 million over 10 years.

The playground, which was in need of restoration, is an important community resource offering residents of Cieszyn and the surrounding area a place where families can spend time outdoors. PPG donated more than $14,000, together with DEKORAL® brand paints, to assist renovate and expand the playground with a new swing set, carousel and safety mats. Nearly 30 volunteers, counting employees from the PPG Polifarb Cieszyn facility and their families, used the Dekoral products to restore playground equipment and brighten the area.

PPG Industries, Inc. manufactures and distributes coatings, specialty materials, and glass products. The company’s Performance Coatings segment provides coatings products for automotive and commercial transport/fleet repair and refurbishing; light industrial and specialty coatings for signs; sealants, coatings, maintenance cleaners, and transparencies for commercial, military, regional jet and general aviation aircraft, and transparent armor for specialty applications; and chemical administration services.

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.




Leave a Reply

Your email address will not be published. Required fields are marked *