Search
Saturday 27 June 2015
  • :
  • :
Latest Update

Pre-Market News Buzz on: Johnson Controls (NYSE:JCI), Pep Boys-Manny Moe and Jack (NYSE:PBY), PG&E (NYSE:PCG), Abercrombie & Fitch (NYSE:ANF)

On Tuesday, Johnson Controls Inc (NYSE:JCI)’s shares inclined 0.41% to $52.01.

Johnson Controls Inc (JCI) declared it has designated Greg Guyett executive vice president, Corporate Development, effective Aug. 10. In this role, Guyett will have responsibility for maintaining and developing relationships with external financial advisory firms, leading merger and acquisition activities, and working with the businesses on growth initiatives for the multi industrial company.

Guyett most served as head of investment banking, Asia Pacific for J.P. Morgan. Prior to that, Guyett served in a number of assignments with J.P. Morgan across the globe. Earlier in his career he was a senior banker advising many of the largest industrial and automotive companies on a broad range of planned issues.

Guyett received a bachelor’s degree in art and archaeology from Princeton University.

Johnson Controls, Inc. operates as a diversified technology and industrial company worldwide. Its Building Efficiency segment designs, produces, markets, and installs integrated heating, ventilating, and air conditioning systems, in addition to building administration systems, controls, and security and mechanical equipment.

Pep Boys-Manny Moe and Jack (NYSE:PBY)’s shares gained 1.37% to $11.83.

The Pep Boys – Manny, Moe & Jack (PBY), the nation’s leading automotive aftermarket service and retail chain, declared the appointment of Scott P. Sider as its new Chief Executive Officer effective recently. Mr. Sider was also designated to the Board of Directors.

Mr. Sider, 54, most served as Hertz Corporation’s Group President, Rent A Car Americas, their largest division, a multi-billion dollar business with over 3,200 locations and 16,000 employees. Mr. Sider joined Hertz in 1983 and over the course of his tenure assumed many leadership positions of increasing responsibility counting Area Manager Manhattan, Divisional Vice President Western Region and President, Off Airport Operations. He distinguished himself by focusing on customer and employee satisfaction, asset administration and digital integration.

At the end of Tuesday’s trade, PG&E Corporation (NYSE:PCG)‘s shares dipped -1.39% to $50.44.

PG&E Corporation (PCG) declared that it has promoted three leaders to fill key roles in PG&E’s Gas Operations, Customer Care and Human Resources organizations. John C. Higgins was named Vice President, Gas Transmission and Distribution Operations; Aaron J. Johnson was named Vice President, Customer Energy Solutions and Mary K. King was named Vice President, Human Resources.

Higgins, who joined PG&E in 2012, formerly served as Senior Director, Field Operations. In his new role, Higgins is responsible for operations and maintenance on the gas transmission and distribution system, counting leak survey and repair, corrosion testing/remediation, pipeline patrolling, and emergency response calls. He succeeds Kevin Knapp, who stepped down in May 2015, and reports to Jesus Soto, Senior Vice President, Engineering, Construction, and Operations.

PG&E Corporation, through its partner, Pacific Gas and Electric Company, transmits, delivers, and sells electricity and natural gas to residential, commercial, industrial, and agricultural customers primarily in northern and central California.

Abercrombie & Fitch Co. (NYSE:ANF), ended its Tuesday’s trading session with 3.30% gain, and closed at $23.32.

Abercrombie & Fitch Co. (ANF) annual meeting was more notable for what wasn’t there than for what was.

The gathering Thursday was the first for the New Albany-based retailer without Michael Jeffries, the company’s long-time CEO and the man credited for the modern day version of the brand. He stepped down in December.

That was just one of several big changes in what Executive Chairman Arthur Martinez Thursday called a “very transformative year.” The board of directors brought on seven new members and the company hired its first-ever brand presidents for Abercrombie & Fitch and Hollister. Those leaders — Christos Angelides for Abercrombie and Fran Horowitz for Hollister — together with Martinez and COO Jonathan Ramsden form the Office of the Chairman. It’s the braintrust making decisions for the brand as it searches for its next leader.

Abercrombie & Fitch Co., through its auxiliaries, operates as a specialty retailer of apparel for men, women, and kids. The company operates through three segments: U.S. Stores, International Stores, and Direct-to-Consumer. It sells various products, such as casual sportswear apparel comprising knit and woven shirts, graphic T-shirts, fleece, jeans and woven pants, shorts, sweaters, and outerwear; personal care products; and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, and Hollister 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.

 




Leave a Reply

Your email address will not be published. Required fields are marked *