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Monday 22 June 2015
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Pre-Market News Buzz on: Costco Wholesale (NASDAQ:COST), Amarin (NASDAQ:AMRN), Keurig Green Mountain (NASDAQ:GMCR), Starwood Hotels & Resorts Worldwide (NYSE:HOT)

On Monday, Costco Wholesale Corporation (NASDAQ:COST)’s shares declined -0.53% to $138.05.

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.

Amarin Corporation plc (ADR) (NASDAQ:AMRN)’s shares gained 1.63% to $2.49.

Amarin Corporation plc (ADR) (AMRN) declared the presentation of findings from a new in vitro study at a peer-reviewed poster session at the American Diabetes Association Scientific Sessions in Boston, Massachusetts.

Additional studies are needed to determine if the effects of EPA shown in this study would have clinically meaningful benefit in the human body.

This poster was presented by Dr. R. Preston Mason, PhD, of Brigham and Women’s Hospital. Dr. Mason is also the President and Founder of Elucida Research.

Amarin Corporation plc, a biopharmaceutical company, focuses on developing and commercializing therapeutics for the treatment of cardiovascular diseases in the United States. The company’s lead product comprises Vascepa, a prescription-only omega-3 fatty acid capsule, used as an adjunct to diet for reducing triglyceride levels in adult patients with severe hypertriglyceridemia.

At the end of Monday’s trade, Keurig Green Mountain Inc (NASDAQ:GMCR)‘s shares dipped -0.30% to $85.67.

Keurig Green Mountain Inc (GMCR) reported it has been ranked 14th among the 500 largest publicly-traded U.S. companies on environmental performance in a study done for Newsweek magazine. Keurig jumped to #14 from its #132 ranking in 2014.

The Newsweek Green Rankings are one of the world’s most recognized assessments of corporate environmental performance. Based on research from Corporate Knights Capital, together with a “Green Revenue” score powered by HIP (Human Impact + Profit) Investor Inc., the project features eight indicators that are used to assess and measure environmental performance.

Keurig Green Mountain, Inc. produces and sells specialty coffee, coffeemakers, teas, and other beverages in the United States and Canada. It sources, produces, and sells coffee, hot cocoa, teas, and other beverages under various brands in K-Cup, Vue, Rivo, K-Carafe, and Bolt portion packs brands; and coffee in traditional packaging, counting bags and fractional packs, in addition to offers whole bean and ground coffee in bags, fractional packages, and cans.

Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT), ended its Monday’s trading session with -2.19% loss, and closed at $82.70.

Starwood Hotels & Resorts Worldwide Inc (HOT) in agreement with Grand Hotel di Como Srl, declared the opening of Sheraton® Lake Como Hotel, a planned conversion located in Italy’s world famous lake region. Surrounded by the majestic beauty of the Alps and the bright blue water of Lake Como, the hotel offers guests a visually captivating experience. Renovated by the renowned Italian architect, Ruggero Venelli, the property incorporates top-quality, natural materials and a neutral palette to produce warm interior spaces, and as a nod to local talent, the hotel features custom handcrafted furniture from acclaimed Italian designers.

Sheraton Lake Como offers 116 guestrooms, counting four newly renovated suites, and a range of leisure facilities, from a Sheraton® Fitness Center to two outdoor swimming pools with a Jacuzzi. The property also features a private park for sunbathing, jogging, and picnicking. An ideal choice for meetings and functions, Sheraton Lake Como features a large conference center with 10 modular rooms. Each room can hold between 40-150 people, and together, the 10 rooms can accommodate up to 1,000 guests. Spazio Como, a futuristically designed multi-functional space by famed Italian architect Attilio Terragni, can host up to 350 people. The property is also conveniently adjacent to the area’s prestigious Villa Erba Exhibition and Conference Centre.

Starwood Hotels & Resorts Worldwide, Inc., together with its auxiliaries, operates as a hotel and leisure company worldwide. The company owns, operates, and franchises luxury and upscale full-service hotels, resorts, residences, retreats, select-service hotels, and extended stay hotels under the St. Regis, The Luxury Collection, W, Westin, Le Méridien, Sheraton, Four Points, Aloft, and Element brand names.

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.

 




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