On Thursday, Dunkin Brands Group Inc (NASDAQ:DNKN)’s shares inclined 0.06% to $47.80.
Dunkin’ Brands Group, Inc., (DNKN), the parent company of two of the world’s most recognized brands, Dunkin’ Donuts and Baskin-Robbins, recently declared that it will host its 2015 Investor & Analyst Day on Thursday, October 1, 2015.
Attendance at the event is by invitation only; however a live audio webcast of the conference counting slide presentations will be accessible via the Company’s website at: http://investor.dunkinbrands.com under “Events & Presentations”. The conference is planned to start at 9:00 AM Eastern Time and will continue until about 3:00 PM Eastern Time.
Dunkin Brands Group, Inc., together with its auxiliaries, develops, franchises, and licenses quick service restaurants under the Dunkin Donuts and Baskin-Robbins brands worldwide. The company operates through four segments: Dunkin’ Donuts U.S., Dunkin’ Donuts International, Baskin-Robbins U.S., and Baskin-Robbins International. Its restaurants offer hot and cold coffee, baked goods, donuts, bagels, muffins, breakfast sandwiches, hard-serve ice cream, soft serve ice cream, frozen yogurt, shakes, malts, and floats. As of December 27, 2014, the company had about 19,000 points of distribution.
AGCO Corporation (NYSE:AGCO)’s shares dropped -1.62% to $46.69.
AGCO, Your Agriculture Company (AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, declared that it will take part in the 2015 Morgan Stanley Laguna Conference on Thursday, September 17, 2015. The conference will comprise a presentation by Andy Beck, AGCO’s Senior Vice President and Chief Financial Officer, at 12:50 p.m. PDT. Investors may listen to a live webcast of the presentation by accessing the webcast button in the “Investors” section of the Company’s website at http://www.agcocorp.com/company/investors.aspx. The webcast will also be archived right away afterwards.
AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. The company offers tractors, counting high horsepower tractors that are used on larger farms primarily for row crop production; utility tractors for small- and medium-sized farms, in addition to for specialty agricultural industries comprising dairy, livestock, orchards, and vineyards; compact tractors for small farms, specialty agricultural industries, landscaping, and residential uses; and combines used in harvesting grain crops, such as corn, wheat, soybean, and rice products.
At the end of Thursday’s trade, CIT Group Inc. (NYSE:CIT)‘s shares dipped -1.79% to $42.26.
Recently’s market is saturated with capital equipment investment dollars from lenders that may not have expertise in the specific sectors in which they’re lending. And while the access to capital is a boon from a low interest rate perspective, the lack of industry expertise and understanding of a business can result in onerous lending terms when the market retreats. These are some of the observations presented by Eric Miller, Group Head and Managing Director of CIT Capital Equipment Finance, a division of CIT Group Inc. (CIT), a leading provider of commercial lending and leasing services, in “Capital Equipment Finance: The Lifeblood of Growth,” (www.cit.com/miller) the latest piece of market intelligence in the CIT Executive Insights video series.
“Due to recently’s positive market conditions, a wide variety of lenders can offer low rates without necessarily offering deep experience lending within a business’ particular industry,” said Miller. “This lack of expertise can cause friction when a sector goes through a natural cycle. A lender may try to impose harsh terms, underscoring a lack of knowledge about the industry and the business’ ability to operate in a natural downturn, which ultimately put the business at risk.”
CIT Group Inc. operates as the holding company for CIT bank that provides commercial financing and leasing products; and a suite of savings options in the United States. Its Transportation & International Finance segment offers leasing and financing solutions to operators and suppliers in the aviation and railcar industries.
VeriFone Systems Inc (NYSE:PAY), ended its Thursday’s trading session with -0.82% loss, and closed at $28.95.
Taxi passengers in Philadelphia will be able to electronically hail cabs startning in October, using the Way2ride app from Verifone (PAY) on their mobile devices. Through this expansion, Philadelphia joins New York City, where passengers are already using Way2ride’s payment and new e-hailing feature to quickly and easily hail cabs and securely pay for taxi rides with a tap of their smartphones.
More than 1,400 of the 1,600 licensed taxis in Philadelphia are already equipped with Verifone payment systems for credit card acceptance and are ready for Way2ride. Way2ride™ is accessible recently for both iPhones® and Android® phones and can be downloaded right now from the Apple® App Store® and Google® Play®. The Way2ride app has been downloaded more than 45,000 times in Philadelphia since it became accessible in the city a year ago.
VeriFone Systems, Inc. designs, markets, and services electronic payment solutions at the point of sale (POS) worldwide. It provides countertop electronic payment systems that accept card payment options, such as NFC, mobile wallets, chip and PIN, and contactless payments, in addition to support credit and debit card, EBT, EMV, and other PIN-based transactions; and a portfolio of application libraries and development tools.
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