On Monday, Shares of Target Corp. (NYSE:TGT), gained 0.45% to $78.36.
Target Corporation, declared it will sell Target Commercial Interiors (TCI), a partner that provides office furnishings and related services for business and commercial clients. Minneapolis-based Omni Workspace Company, more commonly known as A&M Business Interior Services, will acquire TCI and operate it as a wholly owned partner. TCI will be renamed following the completion of the acquisition.
Omni Workspace will retain TCI’s downtown Minneapolis headquarters, located at 81 S. 9th Street, and will continue to operate the six additional TCI furniture showrooms and offices throughout Arizona, Illinois and Wisconsin. TCI’s leadership team will remain in place, and its employees will become part of Omni Workspace.
Target Corporation operates as a general merchandise retailer in the United States and Canada. It offers household essentials, counting pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys; electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, in addition to intimate apparel, jewelry, accessories, and shoes.
Shares of The ADT Corporation (NYSE:ADT), showed no change to $37.44, during its last trading session.
With thousands of consumers victimized by door-to-door home security scams every summer, The ADT Corporation, is refreshing its reward program to make it easier and quicker for whistleblowers to report deceptive sales practices.
The deception typically starts at the front door when unsuspecting consumers are told false statements, such as “ADT has gone out of business” or “I am here to upgrade your equipment.” Sometimes scammers even claim they are associated with alarm panel manufacturers.
“Last year, ADT launched several progressive tactics to combat competitor fraud, counting a reward program. The result was noteworthy national awareness about home security swindlers who prey on unsuspecting consumers,” said David Bleisch, ADT General Counsel. “By fine-tuning the program this year we can now offer the reward to a wider audience to assist stop the fraud plaguing our industry.”
Starting May 15 and ongoing through August 31, 2015 ADT’s new reward program offers up to $5,000 for lawfully obtained information showing how alarm companies are training employees to engage in deceptive sales practices. For full reward details visit: www.adt.com/resources/adt-rewards-program
The ADT Corporation provides monitored security, interactive home and business automation, and related monitoring services in the United States and Canada. The company’s monitored security and home/business automation offerings comprise the installation and monitoring of residential and business security, and premises automation systems designed to detect intrusion, control access and react to movement, smoke, carbon monoxide, flooding, temperature, and other environmental conditions and hazards, in addition to to address personal emergencies, such as injuries, medical emergencies, or incapacitation.
At the end of Monday’s trade, Shares of Computer Sciences Corporation (NYSE:CSC), gained 0.71% to $68.27.
Computer Sciences Corporation, declared that it plans to release financial results for the fourth quarter and fiscal year 2015 on Tuesday, May 19, 2015 at about 4:15 p.m. Eastern Daylight Time (EDT).
CSC senior administration plans to host a conference call and webcast on the same day at 5 p.m. EDT. The dial-in number for domestic callers is 888-542-1101.
Computer Sciences Corporation provides information technology (IT) and professional services and solutions in North America, Europe, Asia, and Australia. The company operates through Global Business Services, Global Infrastructure Services, and North American Public Sector segments.
Finally, Silver Standard Resources Inc. (NASDAQ:SSRI), ended its last trade with 0.76% gain, and closed at $6.60.
On May 12, Silver Standard Resources, reports merged financial results for the first quarter ended March 31, 2015.
First Quarter 2015 Highlights:
- Stated net income of $0.11 per share: Net income and adjusted income for the quarter were $9.1 million and $6.8 million, respectively.
- Generated strong operating cash flow: Cash flows from operating activities before value added taxes and interest of $37.2 million.
- Achieved lower cash costs profile
- Stated cash costs of $612 per payable ounce of gold sold at Marigold driven by further efficiencies in mining operations.
- Stated cash costs of $11.25 per payable ounce of silver sold at Pirquitas, ongoing our trend of sequentially lower quarterly cash costs.
- Delivered strong production: Produced 55,598 ounces of gold, a record 2.7 million ounces of silver and 3.8 million pounds of zinc, on track to achieve 2015 production guidance.
Silver Standard Resources Inc. engages in the acquisition, exploration, development, and operation of precious metal mineral properties in the Americas. The company primarily explores for silver, gold, zinc, and lead deposits.
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