On Tuesday, Costco Wholesale Corporation (NASDAQ:COST)’s shares declined -0.39% to $139.65.
Costco Wholesale Corporation (COST) stated net sales of $8.98 billion for the month of May, the four weeks ended May 31, 2015, an enhance of two percent from $8.78 billion during the similar period last year. For the thirty-nine weeks ended May 31, 2015, the Company stated net sales of $85.31 billion, an enhance of four percent from $81.99 billion during the similar period last year.
Costco presently operates 674 warehouses, counting 475 in the United States and Puerto Rico, 89 in Canada, 35 in Mexico, 26 in the United Kingdom, 20 in Japan, 11 in Korea, 10 in Taiwan, seven in Australia and one in Spain. The Company plans to open up to an additional 14 new warehouses (counting one relocation to a larger and better-located facility) prior to the end of its fiscal year on August 30, 2015. Costco also operates electronic commerce web sites in the U.S., Canada, the United Kingdom and Mexico.
ertain statements contained in this document and the pre-recorded telephone message constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For these purposes, forward-looking statements are statements that address activities, events, conditions or developments that the Company anticipates or anticipates may occur in the future. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. These risks and uncertainties comprise, but are not limited to, domestic and international economic conditions, counting exchange rates, the effects of competition and regulation, uncertainties in the financial markets, consumer and small business spending patterns and debt levels, breaches of security or privacy of member or business information, conditions affecting the acquisition, development, ownership or use of real estate, capital spending, actions of vendors, rising costs associated with employees (generally counting health care costs), energy and certain commodities, geopolitical conditions, and other risks identified from time to time in the Company’s public statements and reports filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements, except as required by law.
Costco Wholesale Corporation, together with its auxiliaries, operates membership warehouses. The company offers branded and private-label products in a range of merchandise categories. It provides dry and institutionally packaged foods; snack foods, candy, tobacco, alcoholic and nonalcoholic beverages, and cleaning and institutional supplies; appliances, electronics, health and beauty aids, hardware, garden and patio, and office supplies; meat, bakery, deli, and produce; and apparel, small appliances, and home furnishings.
Cummins Inc. (NYSE:CMI)’s shares dropped -0.03% to $135.66.
Cummins Inc. (CMI) expressed support for the U.S. Environmental Protection Agency (EPA) and National Highway Traffic Safety Administration’s (NHTSA) second phase of national fuel efficiency and greenhouse gas (GHG) emission regulations for medium- and heavy-duty commercial vehicles. The agencies released a joint proposal to set new standards well into the next decade for engines, on-highway tractors, vocational vehicles, trailers and heavy-duty pickup trucks and vans.
Cummins has demonstrated its leadership in developing the technologies needed to meet tough emissions standards and improve fuel efficiency. The Company was among the first to meet the EPA’s rigorous on-highway emission standards in 2002, 2007 and 2010, establishing technology and environmental leadership that are the hallmarks of not only its North American products, but products across the globe.
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates through four segments: Engine, Distribution, Components, and Power Generation. The Engine segment offers various diesel and natural gas powered engines under the Cummins and other customer brand names for the heavy-and medium-duty truck, bus, recreational vehicle, light-duty automotive, agricultural, construction, mining, marine, oil and gas, rail, and governmental equipment markets.
At the end of Tuesday’s trade, TE Connectivity Ltd (NYSE:TEL)‘s shares surged 0.29% to $69.56.
TE Connectivity Ltd (TEL) a world leader in connectivity, declared its participation at FTTH Connect, the annual Fiber to the Home (FTTH) Council Americas conference, which is being held from June 29 through July 1 at the Anaheim Convention Center in California.
In its booth #455, TE, a diamond level sponsor of the event, will showcase new fiber innovations in hardened connectivity, fiber distribution solutions, and a new FTTH architecture that slashes the time and cost required to deploy fiber networks. These innovations enable faster, more efficient FTTH network construction by reducing labor and costs associated with splicing, custom cable assemblies, permitting and materials administration. As the market pushes for ever-increasing broadband speeds, TE’s fiber innovations will assist service providers make the transition to Gigabit-level services and beyond.
TE Connectivity Ltd., together with its auxiliaries, designs and manufactures connectivity and sensors solutions. It operates through four segments: Transportation Solutions, Industrial Solutions, Network Solutions, and Consumer Solutions. The Transportation Solutions segment offers electronic components, counting terminals and connectors, relays, and sensors, in addition to application tooling, wire and heat shrink tubing, and other custom-engineered solutions for the automotive market, such as industrial and commercial vehicle, and hybrid and electric vehicle markets.
CTPartners Executive Search Inc (NYSEMKT:CTP), ended its Tuesday’s trading session with -2.16% loss, and closed at $1.38.
CTPartners Executive Search Inc (CTP) declared that the exclusivity period for its negotiations with DHR International Inc. regarding an acquisition of the Company expired late last week with no definitive agreement for the sale of the Company as a whole having been reached.
The Company’s business and financial condition have continued to deteriorate as consultant departures have continued through the second quarter of 2015. The Company has been informed that DHR is seeking to acquire certain of the Company’s assets in a transaction with the Company’s lenders, who have the right to acquire those assets pursuant to the underlying debt documents. DHR has indicated that it anticipates to employ many of the Company’s consultants and employees. There is no assurance that any such transaction will be accomplished, and, if accomplished, the proceeds of such a transaction are not likely to be sufficient to satisfy all of the Company’s obligations to its lenders and other creditors, and are not predictable to result in any payment to the Company’s shareholders.
CTPartners Executive Search Inc., together with its auxiliaries, provides retained executive search services worldwide. It facilitates the recruitment and hiring of C-level executives, such as chief executive officers, chief financial officers, chief legal officers, chief marketing officers, and chief human resource officers, in addition to other senior executives and board members.
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