On Monday, Shares of CarMax, Inc (NYSE:KMX), lost -1.80% to $71.55.
CarMax, declared the webcast and conference call access information for forthcoming events.
June 19, 2015 – First Quarter Fiscal Year 2016 Earnings Conference Call
- Dial 1-888-298-3261 (international callers dial 1-706-679-7457). The conference ID is 84423648.
- A live webcast also will be accessible at investors.carmax.com.
- A webcast replay of the call will be accessible at investors.carmax.com through September 21, 2015. A telephone replay also will be accessible through June 26, 2015, and may be accessed by dialing 1-855-859-2056 (international callers dial 1-404-537-3406). The conference ID is 84423648.
CarMax, Inc., through its auxiliaries, operates as a retailer of used vehicles in the United States. The company operates in two segments, CarMax Sales Operations and CarMax Auto Finance.
Shares of JDS Uniphase Corp (NASDAQ:JDSU), declined -0.47% to $12.72, during its last trading session.
JDS Uniphase Corp, declared spin-off of its Communications and Commercial Optical Products (“CCOP”) business which will result in two independent, publicly-traded companies, offered notice yesterday of the spin-off to the holders of its 0.625% senior convertible debentures due 2033. The debentures were issued following an Indenture, dated August 21, 2013 (the “Indenture”), between JDSU and Wells Fargo Bank, National Association, as trustee. As a result of the projected spin-off, holders of the debentures have the right to convert any debentures they own on the terms set forth in the Indenture. JDSU will declare the expiration date of this right to convert which will be a minimum of 25 trading days from the date hereof. The current conversion price of the debentures equates to $18.83 per share of JDSU common stock, which is meaningfully above the current per share trading price of JDSU common stock. Accordingly, JDSU does not expect any holders will exercise their right to convert, although such right is wholly at the discretion of the individual holders.
Under the plan declared in September 2014, JDSU will spin off its CCOP business, to be named Lumentum Holdings Inc. JDSU will distribute the shares of Lumentum common stock on a pro rata basis to JDSU stockholders in a manner intended to be tax-free for U.S. federal income tax purposes.
JDS Uniphase Corporation provides network and service enablement solutions and optical products worldwide. The company’s Network and Service Enablement segment offers network and service enablement solutions that enable the design, development, deployment, and maintenance of communication equipment and networks.
At the end of Monday’s trade, Shares of Deutsche Bank AG (USA) (NYSE:DB), lost -2.18% to $31.34.
Deutsche Bank AG, declared its appointment as depositary bank for the non-capital raising sponsored Level I American Depositary Receipt program of Brambles Limited (Brambles).
Brambles (OTC:BXBLY) is a supply-chain logistics company specialising in the pooling and administration of unit-load equipment such as pallets, crates and containers. Brambles predominantly serves the consumer goods, dry grocery, fresh food, retail and general manufacturing industries. In addition, the Brambles Group has specialist businesses serving the automotive manufacturing, aerospace and oil and gas sectors. Headquartered in Sydney, Australia, the company operates in more than 60 countries and is listed on the Australian Securities Exchange.
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services worldwide. Its Corporate Banking & Securities division engages in selling, trading, and structuring a range of fixed income, equity, equity-linked, foreign exchange, and commodities products.
Finally, Automatic Data Processing (NASDAQ:ADP), ended its last trade with -1.11% loss, and close at $82.92.
Automatic Data Processing, declared that Air Products, a leading industrial gases company with 20,000 employees in 50 countries, is expanding its relationship with ADP to better serve the overall needs of its workforce, counting enhancing the timeliness, accuracy and compliance of payroll operations across Air Products’ network of globally shared services centers.
From its Global Business Centers (GBS) in the United States, Barcelona, Shanghai and Kuala Lumpur, Air Products administers a range of services worldwide, counting human resources (HR) administration, credit and collections, logistics, customer service, and accounting.
Automatic Data Processing, Inc., together with its auxiliaries, provides technology-based outsourcing solutions to employers worldwide. The company operates through Employer Services and Professional Employer Organization (PEO) Services segments.
DISCLAIMER:
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.
