On Friday, Shares of Twitter Inc (NYSE:TWTR), gained 6.65% to $26.32.
Twitter, abandoned plans at the 11th hour last week for a big expansion into Uber and Square’s 1455 Market St. headquarters, potentially due to a hiring slowdown, according to three people with knowledge of the company’s plans, according to Business Journals.
Before putting U.S. expansion plans on hold, the social networking company had nearly finalized a deal with 1455 Market landlord Hudson Pacific Properties (NYSE:HPP) to add about 100,000 square feet of former Bank of America space a block away from its current Market Street headquarters. Business Journals Reports
Twitter (NYSE:TWTR) declined to comment and Hudson Pacific didn’t right away return a request for comment.
Twitter, Inc. (Twitter) is a global platform for public self-expression and conversation in real time. The Company offers products and services for users, advertisers, developers and platform and data partners. Products and services for users enables a way for people to create, distribute and discover content, which enables a user on Twitter to create a tweet and a user to follow other users.
Shares of NRG Energy Inc (NYSE:NRG), inclined 0.88% to $14.87, during its last trading session.
NRG Energy, declared the next phase of the 2015 Capital Allocation Plan with authorization to repurchase $251 million of its common stock, comprised of $51 million remaining from the formerly declared share repurchase program and an additional $200 million. The authorization will be implemented through a 10b5-1 trading plan right away.
The purchase of common stock will be made using cash on hand and may be made from time to time as market conditions warrant and subject to regulatory considerations. This action does not foreclose the possibility of further or different capital allocation actions in the future.
NRG Energy, Inc. (NRG) is a power company that produces, sells and delivers energy, and energy products and services in power markets in the United States. NRG’s business segments are NRG Business, NRG Home, NRG Renew, NRG Yield and corporate activities. NRG Business consists of NRG’s wholesale operations, including plant operations, commercial operations, engineering, procurement and construction (EPC), energy services and other related functions.
Shares of Delta Air Lines, Inc. (NYSE:DAL), declined -1.19% to $44.87, during its last trading session.
Delta Air Lines, is planning an unspecified number of job cuts among its 10,000 administration and salaried employees in a move to boost productivity, according to Bloomberg.
The reductions will affect support roles such as human resources and communications, not front-line workers on planes, spokeswoman Ashley Black said Friday in a telephone interview. The moves may come in locations worldwide, counting Delta’s headquarters in Atlanta, said Black, who wouldn’t elaborate on specifics of the dismissals.
Delta and its U.S. peers remain highly profitable even as they reap less revenue from each seat flown a mile, an industry benchmark. The carrier probably will report record third-quarter earnings not taking into account some items of $1.3 billion, according to analysts’ estimates compiled by Bloomberg. That release is set for Oct. 14. Bloomberg reports
Delta Air Lines, Inc. (Delta) provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Company’s route network is centered on a system of hub and international gateway airports that it operates in Amsterdam, Atlanta, Detroit, Los Angeles, Minneapolis-St.
Finally, Abbott Laboratories (NYSE:ABT), ended its last trade with 1.52% gain, and closed at $41.38.
In its second year as an Official Sponsor of the Bank of America Chicago Marathon, Abbott (ABT) will again demonstrate its commitment to assisting people achieve their aims through good health. From practiced runners and wheelchair racers to first-time participants, marathons prove that when people are at their healthiest, they can do more, achieve more and experience more in life.
Abbott’s sponsorship of the 2015 Bank of America Chicago Marathon, which takes place in the global healthcare company’s hometown, complements its title sponsorship of the Abbott World Marathon Majors (AWMM). Since announcing its AWMM sponsorship at the same race last year, Abbott has celebrated and supported tens of thousands of marathon participants at the Tokyo Marathon, the Boston Marathon, the Virgin Money London Marathon and the BMW Berlin-Marathon. Next month, Abbott will celebrate people living active, healthy lives at the TCS New York City Marathon – the sixth iconic race in the AWMM series.
This year, Abbott will again be the title sponsor of the pre-race Abbott Health & Fitness Expo where they’ll invite the predictable 140,000 runners and supporters to its booth to describe what living fully means to them. All over the world, people have their own ideas about how this looks and feels. But there’s one thing they have in common: they each want to live the best life they can. Abbott is asking a million people to share their stories, and at the Expo participants will have the chance to take part in interactive quizzes and other experiences to express what they do to become their best possible selves.
Abbott Laboratories (Abbott) is engaged in the discovery, development, manufacture and sale of a range of health care products. Abbott operates in four business segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Vascular Products.
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