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Saturday 12 September 2015
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News Recap: Walt Disney Co (NYSE:DIS), Smith & Wesson Holding Corp (NASDAQ:SWHC), PVH Corp (NYSE:PVH)

On Friday, Shares of Walt Disney Co (NYSE:DIS), lost -1.00% to $100.97.

Jonathan S. Headley has been named Senior Vice President and Treasurer of The Walt Disney Company, it was declared by Christine M. McCarthy, Senior Executive Vice President and Chief Financial Officer, The Walt Disney Company.

“During his 11-year tenure as Assistant Treasurer, Jon has shown himself to be a highly effective financial executive, and his proven expertise, leadership skills and planned acumen make him the right choice for this role,” Ms. McCarthy said. Mr. Headley will report directly to Ms. McCarthy, who had formerly served as Treasurer before becoming CFO earlier this summer.

In his new role, Mr. Headley will be responsible for the administration and oversight of the company’s global treasury functions counting corporate finance, liquidity administration, capital markets and banking activities, financial risk administration, enterprise project and structured finance, pension and investments, decision support, enterprise consumer payments and global cash administration.

The Walt Disney Company, together with its auxiliaries, operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive.

Shares of Smith & Wesson Holding Corp (NASDAQ:SWHC), declined -0.93% to $18.16, during its last trading session.

Smith & Wesson Holding Corporation declared that Jeffrey Buchanan, Executive Vice President and Chief Financial Officer, would present at the RBC Capital Markets Global Industrials Conference on Thursday, September 10, 2015 at 11:30 a.m. (Pacific).

Smith & Wesson Holding Corporation manufactures and sells firearm products in the United States and internationally. The company operates in two segments, firearms and accessories. It offers handguns, counting revolvers and pistols; long guns, such as sporting, bolt action, and single shot rifles; hunting rifles; black powder firearms; handcuffs and restraints; and firearm-related products and accessories.

Finally, PVH Corp (NYSE:PVH), ended its last trade with -0.77% loss, and closed at $116.89.

Calvin Klein, a wholly owned partner of PVH Corp. (PVH), declared its plans to reacquire the existing license agreement held by CK21 Holdings Pte. Ltd. for all production and sale of Calvin Klein platinum label men’s and women’s accessories. This agreement comprises sale in free-standing Calvin Klein platinum accessories stores in China, Hong Kong, Taiwan, Singapore, Malaysia, Thailand, Philippines, Indonesia, Australia, New Zealand and South Korea.

 

As part of the transaction, the Calvin Klein Asia business will also take over certain of CK21’s free-standing Calvin Klein Accessories stores and shop-in-shops. Additionally, Calvin Klein Asia will assume production of Calvin Klein platinum men’s and women’s accessories products for sale within CK21-operated free-standing Calvin Klein platinum label apparel stores and shop-in-shops within the Australia, Hong Kong, Indonesia, Malaysia, Singapore, Taiwan and Thailand regions.

PVH Corp. operates as an apparel company in the United States and internationally. It designs, markets, and retails men’s and women’s apparel and accessories, branded dress shirts, neckwear, sportswear, jeanswear, intimate apparel, swim products, handbags, footwear, golf apparel, fragrances, cosmetics, eyewear, hosiery, socks, jewelry, watches, outerwear, small leather goods, and home furnishings, in addition to other related products.

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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.




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