On Thursday, Dollar General Corp. (NYSE:DG)’s shares declined -0.29% to $80.25.
Dollar General (DG) presented its inaugural A Day of Beauty event at the Music City Center, Davidson Ballroom, in downtown Nashville. Hosted by singer, songwriter and DG Celebrity Ambassador Chante Moore, the free community event highlighted the latest hair and make-up products offered at DG and featured free product samples, door prizes and beauty tips from experts representing the leading multi-cultural health and beauty brands. The event also celebrated the introduction of BEAUTYCENTS, a new health and beauty lifestyle magazine accessible exclusively at select DG stores.
Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. The company offers consumable products, counting paper and cleaning products comprising paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food products, such as cereals, canned soups and vegetables, condiments, spices, sugar, and flour; perishables comprising of milk, eggs, bread, frozen meals, beer, and wine; snacks that comprise candies, cookies, crackers, salty snacks, and carbonated beverages; health and beauty products, such as over-the-counter medicines, in addition to soap, body wash, shampoo, dental hygiene, and foot care products; pet products, which comprise pet supplies and pet food; and tobacco products.
United Parcel Service, Inc. (NYSE:UPS)’s shares dropped -1.23% to $101.05.
The UPS (UPS) Board of Directors declared a regular quarterly dividend of $0.73 per share on all outstanding Class A and Class B shares.
The dividend is payable September 1, 2015, to shareowners of record on August 17, 2015.
United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.
At the end of Thursday’s trade, Rackspace Hosting, Inc. (NYSE:RAX)‘s shares dipped -1.29% to $31.31.
Rackspace®(RAX), the #1 managed cloud company, recently declared financial results for the quarter that ended June 30, 2015.
On a GAAP basis, net revenue for the second quarter of 2015 was $489 million, up 11.0 percent from the second quarter of 2014. These results were adversely affected by shifts in currency exchange rates. On a constant currency basis, net revenue grew 13.7 percent from the second quarter of 2014.
Adjusted EBITDA for the quarter was $162 million, up 14.2 percent from the second quarter of 2014. Net income for the second quarter was $29 million, for a margin of 6.0 percent, up from 5.1 percent in the second quarter of 2014.
For the second quarter of 2015, cash flow from operating activities was $123 million, capital expenditures were $152 million, and Adjusted Free Cash Flow was negative $0.7 million. At the end of the second quarter of 2015, cash and cash equivalents were $317 million, and interest-bearing debt counting capital lease obligations totaled $7 million. Return on Capital was 12.1 percent in the second quarter of 2015 contrast to 10.1 percent in the second quarter of 2014.
Rackspace Hosting, Inc., through its auxiliaries, provides cloud computing services and managing Web-based IT systems for small and medium-sized businesses and large enterprises worldwide. The company’s service offering combines hosting on dedicated hardware and on multi-tenant pools of virtualized hardware in a way that suits each customer’s requirements. Its public cloud services refer to pooled computing resources delivered on-demand over the Internet.
Goodyear Tire & Rubber Co(NASDAQ:GT), ended its Thursday’s trading session with -3.35% loss, and closed at $31.14.
The Goodyear Tire & Rubber Company (GT) declared that Peter R. Rapin will join the company as vice president and treasurer. He will report to Laura K. Thompson, executive vice president and chief financial officer.
Rapin most recently served as vice president, treasury and tax for TRW Automotive (now part of ZF Friedrichshafen AG) where he directed the global treasury, tax, insurance, and pension functions.
Preceding to joining TRW in 2003, Rapin spent eight years with Engelhard Corp., a specialty chemical company, where he served as treasurer from 1998 to 2003 and assistant treasurer from 1995 to 1998. He began his career at Westinghouse Electric Corp. in 1981 where he held various senior treasury positions.
He earned a Bachelor of Science degree in finance and a Master of Business Administration degree from Duquesne University.
Rapin will succeed Thomas Kaczynski who has served as Goodyear’s treasurer since January 2014. Kaczynski is leaving the company for another opportunity, effective August 28, 2015.
The Goodyear Tire & Rubber Company develops, manufactures, distributes, and sells tires, and related products and services in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. The company offers various lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, farm implements, earthmoving and mining equipment, industrial equipment, and various other applications under the Goodyear, Dunlop, Kelly, Debica, Sava, Fulda, and various other Goodyear owned house brands, in addition to under the private-label brands.
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