On Thursday, Shares of Nike Inc (NYSE:NKE), lost - 0.55% to $ 101.95.
NIKE, declared that Jim Scholefield will become its Chief Information Officer reporting to Eric Sprunk, Chief Operating Officer for NIKE, Inc.
In this role, Jim will be responsible for leading NIKE, Inc.’s technology strategy to support the company’s future growth. Jim most recently served as Chief Technology Officer for The Coca-Cola Company, where he was responsible for creating and executing its worldwide information technology strategy, technology operations, production support and technology engineering across The Coca-Cola Company. That comprised of providing global leadership across the Coca-Cola enterprise on all technology matters.
NIKE, together with its auxiliaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories for men, women, and kids worldwide. The company offers products in eight categories, counting running, basketball, football, mens training, womens training, sportswear, action sports, and golf under the NIKE and Jordan brand names.
Shares of Cavium Inc (NASDAQ:CAVM), inclined 3.61% to $ 73.42, during its last trading session.
Cavium declared a partnership with leading network solution providers and Original Design Manufacturers (ODMs) to build and bring to market multiple hardware switch platforms based on the Xpliant family of Ethernet switches. ODM’s next generation switch platforms in various form factors target Top-of-Rack and leaf/spine deployment counting:
- 32-port 40/100GE QSFP28/QSFP+ system.
- 48-port 10/25GE SFP+ + 6-port 40/100GE QSFP+ system.
Cavium’s XPliant CNX880xx family of Ethernet switches are designed for ToR and leaf/spine architectures in addition to embedded applications in transport, wireless infrastructure, compute and networking appliances. XPliant Ethernet switches provide an unparalleled flexibility in protocol processing without compromising throughput and are suitable for the datacenter, enterprise and service provider markets.
Cavium, Inc. designs, develops, and markets semiconductor processors for intelligent and secure networks in United States and internationally. It offers integrated semiconductor processors for wired and wireless networking, communications, storage, cloud, wireless, security, video, and connected home and office applications.
At the end of Thursday’s trade, Shares of Kroger Co (NYSE:KR), lost - 0.54% to $ 72.20.
The Kroger Co. (KR) will host a conference call with investors on Thursday, June 18, 2015 at 10 a.m. (ET) to talk about financial results for the first quarter 2015.
Kroger, one of the world’s largest retailers, employs nearly 400,000 associates who serve customers in 2,625 supermarkets and multi-department stores in 34 states and the District of Columbia under two dozen local banner names counting Kroger, City Market, Dillons, Food 4 Less, Fred Meyer, Fry’s, Harris Teeter, Jay C, King Soopers, QFC, Ralphs and Smith’s. The company also operates 782 convenience stores, 326 fine jewelry stores, 1,330 supermarket fuel centers and 37 food processing plants in the U.S. Recognized by Forbes as the most generous company in America, Kroger supports hunger relief, breast cancer awareness, the military and their families, and more than 30,000 schools and community organizations. Kroger contributes food and funds equal to 200 million meals a year through more than 100 Feeding America food bank partners. A leader in supplier diversity, Kroger is a proud member of the Billion Dollar Roundtable and the U.S. Hispanic Chamber’s Million Dollar Club.
The Kroger Co., together with its auxiliaries, operates as a retailer in the United States and internationally. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores.
Finally, L Brands Inc (NYSE:LB), ended its last trade with 1.17% gain, and close at $ 87.17.
L Brands, stated net sales raised 5% to $799.1 million for the four weeks ended May 30, 2015, contrast to net sales of $763.6 million for the four weeks ended May 31, 2014. Comparable store sales for the four weeks ended May 30, 2015, raised 5%.
The company stated net sales of $3.311 billion for the 17 weeks ended May 30, 2015, an enhance of 5% contrast to sales of $3.155 billion for the 17 weeks ended May 31, 2014. Comparable store sales for the 17 weeks ended May 30, 2015, raised 5%.
L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International.
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