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Thursday 8 October 2015
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News Alert on: Best Buy Co Inc(NYSE:BBY), Allison Transmission Holdings Inc(NYSE:ALSN), McKesson Corporation(NYSE:MCK), Five Below Inc(NASDAQ:FIVE)

On Friday, Best Buy Co Inc (NYSE:BBY)’s shares declined -0.25% to $36.63.

The Board of Directors of Best Buy Co., Inc. (BBY) has authorized the payment of a regular quarterly cash dividend of $0.23 per common share. The quarterly dividend is payable on October 6, 2015, to shareholders of record as of the close of business on September 15, 2015. The company had 344,258,055 shares of common stock issued and outstanding as of August 1, 2015.

Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States and internationally. Its stores offer consumer electronics compriseing primarily of television and home theaters; digital cameras and camcorders; DVD and Blu-ray players; portable electronics, such as MP3 devices, headphones and speakers, car stereo, navigation and satellite radio; and related accessories.

Allison Transmission Holdings Inc (NYSE:ALSN)’s shares dropped -2.03% to $27.49.

Allison Transmission Holdings Inc. (ALSN) declared that David S. Graziosi, executive vice president and chief financial officer and G. Frederick Bohley III, executive director of finance, business planning and investor relations will present at the Morgan Stanley Third Annual Laguna Conference to be held at the Montage Laguna Beach on Wednesday, Sept. 16. The administration team will present at 3:05 p.m. PT.

Allison Transmission Holdings, Inc., together with its auxiliaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical U.S. defense vehicles. It offers transmissions for various applications, counting distribution, refuse, construction, fire, and emergency on-highway trucks; school, transit, and hybrid-transit buses; motor homes; energy, mining, and construction off-highway vehicles and equipment; and wheeled and tracked defense vehicles.

At the end of Friday’s trade, McKesson Corporation (NYSE:MCK)‘s shares dipped -1.07% to $192.88.

declared that James Beer, executive vice president and chief financial officer, will present at the 2015 Morgan Stanley Global Healthcare Conference in New York at 11:40 a.m. ET on Wednesday, September 16, 2015. Audio webcasts will be accessible live and archived on the company’s Investor Relations website at http://investor.mckesson.com. A complete listing of forthcoming events for the investment community is accessible on the company’s Investor Relations website.

McKesson Corporation delivers pharmaceuticals, medical supplies, and health care information technologies to the healthcare industry in the United States and internationally. The company operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions.

Five Below Inc (NASDAQ:FIVE), ended its Friday’s trading session with -1.10% loss, and closed at $34.11.

Five Below, Inc. (FIVE) declared financial results for the thirteen and twenty-six weeks ended August 1, 2015.

For the thirteen weeks ended August 1, 2015:

  • Net sales raised by 19.5% to $182.2 million from $152.5 million in the second quarter of fiscal 2014; comparable store sales raised by 3.0%.
  • Operating income reduced to $11.6 million from $13.3 million in the second quarter of fiscal 2014 driven by the predictable deleverage associated with the new distribution center, leadership investments and a shift in marketing spend.
  • The Company opened 32 new stores and ended the quarter with 417 stores in 26 states. This represents an enhance in stores of 18.1% from the end of the second quarter of fiscal 2014.
  • S. generally accepted accounting principles, or GAAP, net income was $7.1 million contrast to $8.3 million in the second quarter of fiscal 2014.
  • GAAP diluted income per common share was $0.13 contrast to $0.15 per share in the second quarter of fiscal 2014.

Five Below, Inc. operates as a specialty value retailer in the United States. It offers accessories, counting novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, in addition to beauty products comprising nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space, counting glitter lamps, posters, frames, fleece blankets, pillows, candles, incense and related items, and storage options for the customer’s room and locker.

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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.

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