On Thursday, Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP)’s shares inclined 1.75% to $77.50.
Ctrip.com International, Ltd. (ADR) (CTRP) said it send a confidential, non-binding, preliminary proposal to Qunar’s board of directors in early May to indicate its interest in a potential transaction with the company. Qunar said it would not accept the proposal earlier this week, but said it would be open to further talk about.
The company said it will continue “to explore other partnership opportunities that will bring planned value in the Internet and e-commerce space,” though it will no longer pursue talk about with Qunar.
About 2.7 million shares of Ctrip were traded by 12:36 p.m. Wednesday, contrast to the company’s average trading volume of about 3.3 million shares a day.
Ctrip.com International, Ltd., together with its subsidiaries, provides travel services for hotel accommodations, transportation ticketing services, packaged tours, and corporate travel management in the People’s Republic of China. It also offers independent leisure travelers bundled packaged-tour products, including group tours, semi-group tours, and private tours or packaged tours with various transportation arrangements, such as cruise, bus, or self-driving. In addition, the company provides integrated transportation and accommodation services; various value-added services, including transportation at destinations and tickets, insurance, visa services, and tour guides; supplier management and customer relationship management services; and car rental services.
Norfolk Southern Corp. (NYSE:NSC)’s shares gained 2.20% to $92.53.
Norfolk Southern Corp. (NSC) stated first-quarter 2015 earnings of $1.00 per share, down 14.5% year over year but in line with the Zacks Consensus Estimate. Total operating revenue of $2,567 million was down 4.5% year over year and also below our estimate of $2,667 million.
Investors’ apprehension about the company’s forthcoming earnings release raised after MO-based Kansas City Southern KSU withdrew its 2015 revenue and volume outlook at the Bank of America Merrill Lynch 2015 transportation conference. Apprehensions were fueled when another railroad operator Union Pacific Corp. UNP painted a dismal picture with respect to coal shipments at the Wolfe research 8th annual global transportation conference.
Norfolk Southern Corporation, together with its auxiliaries, engages in the rail transportation of raw materials, intermediate products, and finished goods. As of December 31, 2014, it operated about 20,000 miles of road in 22 states and the District of Columbia. The company also operates planned passenger trains; transports overseas freight through various Atlantic and Gulf Coast ports; and provides logistics services.
At the end of Thursday’s trade, Mosaic Co (NYSE:MOS)‘s shares surged 0.54% to $44.85.
Mosaic Co (MOS) formerly Hybrid Paytech World Inc. (CSE:HPT), a technology leader in the digital incentives, couponing and payment space, declared recently that on June 5 th, 2015, the Autorité des Marchés Financiers (the “AMF”) issued a partial revocation of the cease trade order issued on May 19th, 2015 solely to permit the closing of a financing. The cease trade order was issued because Mobi724 was unable to file its annual financial statements, MD&A and related CEO and CFO certificates for its fiscal year ended December 31, 2014 (the “Year End Filings”) by the filing deadline of April 30, 2015 as prescribed by National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102). The partial revocation of the cease trade order will allow Mobi724 to complete a private placement to issue a maximum of 36 363 637 common shares at a price of $ 0.0825 for the aggregate amount of $3,000,000. The subscribers shall also be issued one common share purchase warrant for every common share issued on the first $2,000,000 at an exercise price of $0.0825 exercisable between November 15, 2015 and March 31st 2016 after which they shall expire. The distribution will only take place in Quebec.
The funds raised shall permit Mobi724 to prepare and finalize Year End Filings, to prepare its interim financial statements, interim MD&A and related CEO and CFO certificates for the interim period ended March 31, 2015 (the “Interim Filings”), to file a full revocation order within 60 days from the closing of the private placement, to satisfy ongoing debt obligations, to pay past due payroll expenses and to satisfy minimum overhead expenses to sustain ongoing operations.
The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agricultural industry worldwide. It operates through two segments, Phosphates and Potash. The Phosphates segment owns and operates mines in Florida. It offers concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products. This segment also offers phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names.
Walgreens Boots Alliance Inc (NASDAQ:WBA), ended its Thursday’s trading session with 0.35% gain, and closed at $85.79.
Walgreens Boots Alliance Inc (WBA) is assisting members lose weight and driving better medication adherence among participants with hypertension and/or diabetes, according to a new white paper and outcomes data the company released.
The data, from a series of related Walgreens studiesi,ii conducted on BRhc participants throughout 2014, shows:
- Active members who tracked weight measurements lost an average of 3.3 pounds, with more than one-in-four participants (27.2 percent) losing six pounds or more.Nearly 17 percent (16.5 percent) lost over 10 pounds. In addition, those who also logged at least one mile of steps per day lost an average of 3.7 pounds.
- New BRhc participants taking diabetes medications who also tracked blood glucose levels demonstrated 4 percentage points higher adherence, while participantswho logged steps for walking and running demonstrated 7.9 percentage points higher adherence.
- New BRhc participants taking ant hypertension medications who also tracked blood pressure levels demonstrated 6 percentage points higher adherence,while participants who logged steps for walking and running demonstrated 2.4 percentage points higher adherence.
Walgreens Boots Alliance, Inc., together with its subsidiaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, as well as through mail, and by telephone and online.
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