On Monday, Mattel, Inc. (NASDAQ:MAT)’s shares inclined 0.76% to $25.82.
Mattel, Inc. (MAT) declared a partnership with Williams-Sonoma, the premier specialty retailer of cookware and home furnishings in the United States. The new line of premium, American Girl-branded products—counting baking sets, utensils, food mixes, and a cookbook—will be accessible this fall at Williams-Sonoma and American Girl stores, in addition to online. Cooking classes will launch the partnership in June at Williams-Sonoma retail locations.
The exclusive products will feature baking sets that allow girls and their parents to create a variety of baked goods at home together—like cookies, cupcakes, and French madeleines. A series of culinary classes has been planned at Williams-Sonoma stores to kick off the launch of the partnership. Classes, priced at $30 and comprise an exciting co-branded gift bag, start this month and continue through the end of the year.
Additionally, Williams-Sonoma is proud to declare it has created a limited edition American Girl spatula—which will be carried at both companies’ stores starting in late June—as part of its No Kid Hungry fundraising campaign. The spatula will be accessible for $12.95 with 30% of the proceeds benefitting No Kid Hungry: a campaign that is dedicated to ending childhood hunger in the United States.
Mattel, Inc. designs, manufactures, and markets a range of toy products worldwide. The company operates in three segments: North America, International, and American Girl. It offers dolls and accessories, vehicles and play sets, and games and puzzles under the Mattel Girls & Boys brands, counting Barbie, Monster High, Disney Classics, Ever After High, Little Mommy, Polly Pocket, Hot Wheels, Matchbox, CARS, Disney Planes, BOOMco, Radica, Toy Story, Max Steel, WWE Wrestling, and Batman.
Anadarko Petroleum Corporation (NYSE:APC)’s shares dropped -1.50% to $82.96.
Anadarko Petroleum Corporation (APC) declared the registered underwritten public offering (the TEU offering) of 6,500,000 tangible equity units (TEUs), with a stated amount per TEU of $50, and the concurrent registered public offering (the WGP secondary offering) of 2,000,000 common units representing limited partner interests in Western Gas Equity Partners, LP (WGP). WGP is a partner of Anadarko formed to own partnership interests in Western Gas Partners, LP (WES), a separate partner of Anadarko formed to acquire, own, develop and operate midstream energy assets. These offerings are separate public offerings and neither offering is contingent on the completion of the other.
Each TEU will be comprised of a prepaid equity purchase contract and a senior amortizing note. Unless earlier settled, each prepaid equity purchase contract will automatically settle on June 7, 2018 (subject to postponement in limited circumstances) for a to-be-determined number of WGP common units, subject to Anadarko’s right to elect to deliver shares of its own common stock in lieu of such WGP common units. The number of WGP common units, or shares of Anadarko’s common stock, as the case may be, to be delivered by Anadarko will be based on the average of the daily volume-weighted average prices of WGP common units for the 20 successive trading days starting on, and counting, the 23rd planned trading day right away preceding June 7, 2018. Each amortizing note will pay equal quarterly installments that will constitute a payment of interest and a partial repayment of principal. The amortizing notes will have a final installment payment date of June 7, 2018 and will be unsecured senior obligations of Anadarko. The WGP common units that may be delivered to settle the equity purchase contracts and that are being offered in the WGP secondary offering are owned, directly or indirectly, by a wholly owned partner of Anadarko, and WGP is not issuing securities in either offering.
Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Oil and Gas Exploration and Production; Midstream; and Marketing. The Oil and Gas Exploration and Production segment explores for and produces natural gas, oil, condensate, and natural gas liquids (NGLs).
At the end of Monday’s trade, Speed Commerce Inc (NASDAQ:SPDC)‘s shares surged 18.93% to $0.304.
Speed Commerce Inc (SPDC) has signed a contract with Gildan Activewear Inc. (“Gildan”), a manufacturer and marketer of branded basic apparel, to build, deploy and maintain a new global ecommerce platform to support Gildan’s B2B and B2C channels.
Gildan is a leading supplier of quality branded basic family apparel, counting T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear. The company sells its products under a diversified portfolio of company-owned brands, counting the Gildan(R), Gold Toe(R), Anvil(R) and Comfort Colors(R) brands and brand extensions, and the Secret(R), Silks(R) and Therapy Plus(TM) brands.
Speed Commerce’s implementation of a complete ecommerce transformation for Gildan’s individual brands will comprise a new B2B, B2C and corporate site infrastructure powered by the Oracle Commerce suite of products. Speed Commerce will be responsible for integrating all aspects of the solution, in addition to offering ongoing support and services.
Speed Commerce, Inc. provides e-commerce and fulfillment services to retailers and manufacturers in the United States and Canada. It offers Web platform development and hosting, order administration, fulfillment, logistics, and contact center services, which provide customers with transaction-based services and information administration tools.
Caesars Entertainment Corp (NASDAQ:CZR), ended its Monday’s trading session with -2.34% loss, and closed at $6.26.
Caesars Entertainment Corp (CZR)’s Total Rewards Air, the gaming industry’s largest domestic charter service, is enhancing its commercial operation by entering into long-term agreements with Sun Country and Via Airlines.
In addition, new technology by Total Rewards Air will allow for ease of booking flight and hotel packages beyond its traditional passenger base of Total Rewards members. The planned charter flights to Atlantic City, Laughlin, Nevada, Tunica and Biloxi, Mississippi, will comprise both invited members of the company’s award-winning loyalty program in addition to retail guests seeking an escape to the leisure destinations.
The expanded service will comprise more than 1,800 flights annually to the Total Rewards Air primary destination hubs of Atlantic City, Laughlin, Nevada, Tunica and Biloxi, Mississippi. Total Rewards Air flies more than 100,000 passengers per year. Sun Country Airlines and Via Airlines will serve as the main operating partners for Total Rewards Air and will service more than 100 origin cities across the United States counting major North American markets such as Dallas, Atlanta, Chicago, Detroit, Los Angeles, Denver, Edmonton and Toronto, in addition to smaller regional markets such as Monterrey, California, Bismarck, North Dakota, Midland, Texas and Colorado Springs, Colorado. Starting this summer, Sun Country Airlines will operate one Boeing 737-700 while Via Airlines will operate five Embraer 145 regional jets on behalf of Total Rewards Air. Via’s regional jets will operate from private aviation terminals (Fixed Based Operators) affording guests the opportunity to experience a true, VIP private jet experience eliminating the long lines and early check-in associated with commercial airline terminals.
Caesars Entertainment Corporation, through its auxiliaries, provides casino-entertainment and hospitality services in the United States and internationally. It operates in four segments: Caesars Entertainment Resort Properties, Caesars Growth Partners Casino Properties and Developments, Caesars Interactive Entertainment, and Caesars Entertainment Operating Company.
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