On Tuesday, LeapFrog Enterprises, Inc. (NYSE:LF)’s shares declined -5.44% to $1.39.
LeapFrog Enterprises, Inc. (LF) unveiled the new LeapFrog Imagicard, a first of its kind digital and physical learning experience for kids that magically brings characters and learning to life with the snap of a picture from one of 30+ interactive collectible cards comprised of. Full length LeapFrog digital learning games are improved by physical interactive cards – featuring top licensed characters mixed with educational content – that extend the play beyond traditional tablet gaming. The best way to experience LeapFrog Imagicard games are on LeapFrog’s most advanced LeapPad tablet yet, the all-new LeapPad Platinum with its seven-inch high-resolution, multi-touch capacitive screen and fast processor. The LeapPad Platinum tablet is the most durable LeapPad tablet and offers kid-safe content to explore and grow.
LeapFrog Enterprises, Inc. designs, develops, and markets technology-based learning products and related proprietary content for children worldwide. The company offers multimedia learning platform products, counting LeapPad2 Power, LeapPad Ultra, and LeapReader learning tablets for children ages three to nine with camera, and on-board content and utilities; and the Leapster family of handheld learning game systems for children ages four to nine. Its multimedia learning platform products also comprise the LeapReader reading and writing system, a stylus-based learn-to-read-and-write product, designed for children ages four to eight; and the LeapReader Junior reading system, a ready-to read system for children ages one to four. In addition, the company provides downloadable digital content titles for its platforms, covering subjects, such as phonics, reading, writing, mathematics, science, social studies, creativity, and life skills.
Greenbrier Companies Inc (NYSE:GBX)’s shares dropped -10.29% to $53.44.
Greenbrier Companies Inc (GBX) declared that it has closed on the formerly stated acquisition of a 19.5% ownership stake in Amsted-Maxion Hortolandia, the leading railcar manufacturer in South America, for about $15 million. Greenbrier has an option to acquire an additional 40.5% ownership interest, to be exercised no later than September 30, 2017.
Amsted-Maxion Hortolandia will use Greenbrier’s planned investment to pay down outstanding debt and position the company for future growth. Amsted-Maxion Hortolandia holds an estimated 70% annual market share in the South American new railroad freight car market. Market demand in Brazil is forecast to exceed about 4,000 new railcars annually for the near term and potentially through the end of this decade. Longer term new railcar demand is predictable to enhance significantly in Brazil, the world’s 7th largest economy measured by GDP. This demand is predictable to be driven by both its extensive investment in infrastructure, counting plans to expand and modernize the Brazilian railway network, and an aging railcar fleet where more than 60% of rail freight rolling stock is 30 years or older and less efficient than the railcar design technology accessible.
Amsted-Maxion, a 50/50 joint venture between Amsted Rail and Iochpe-Maxion, will continue to own the remaining 80.5% in Amsted-Maxion Hortolandia. In 2013, Greenbrier and Amsted-Maxion established a relationship in Brazil by entering into a licensing agreement related to the production of intermodal railcars designed by Greenbrier.
The Greenbrier Companies, Inc. designs, manufactures, and markets railroad freight car equipment in North America and Europe. Its Manufacturing Segment offers double-stack intermodal railcars; tank cars; auto-max railcar, multi-max auto rack, and flat cars for automotive transportation; conventional railcars, such as boxcars, covered hopper cars, center partition cars, bulkhead flat cars, and solid waste service flat cars; and pressurized tank cars, non-pressurized tank cars, gondolas and coil cars, coal cars, sliding wall cars, and automobile transporter cars; and marine vessels, counting conventional deck barges, double-hull tank barges, railcar/deck barges, barges for aggregates, and other heavy industrial products and dump barges.
At the end of Tuesday’s trade, International Paper Co (NYSE:IP)‘s shares dipped -0.06% to $50.54.
International Paper Co (NYSE:IP) released its 2014 Sustainability Report sharing progress against its voluntary sustainability aims, a new sustainability strategy and highlighting collaborations that advance sustainability throughout the life cycle of its products. The 2014 report features stories from around the world that collectively capture some of International Paper’s key sustainability efforts and impacts.
As a global manufacturer operating in more than 24 countries, natural resources are crucial to International Paper’s supply chain. This is why the company is continuously working to improve all aspects of their value chain, especially sourcing of wood fiber, water use, and energy efficiency.
International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East. The company operates through three segments: Industrial Packaging, Printing Papers, and Consumer Packaging. The Industrial Packaging segment manufactures containerboards, counting linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Printing Papers segment produces printing and writing papers, such as uncoated papers for end user applications, counting brochures, pamphlets, greeting cards, books, annual reports, and direct mail, in addition to envelopes, tablets, business forms, and file folders. This segment sells uncoated papers under the Hammermill, Springhill, Williamsburg, Postmark, Accent, Great White, Chamex, Ballet, Rey, Pol, and Svetocopy brand names. It also produces pulp for manufacturing printing, writing, and specialty papers, in addition to towels and tissues, filtration products, diapers, and sanitary napkins.
Perrigo Company plc Ordinary Shares (NYSE:PRGO), ended its Tuesday’s trading session with 4.34% gain, and closed at $191.25.
Perrigo Company plc Ordinary Shares (PRGO) declared that Actavis has received U.S. Food and Drug Administration approval for its Abbreviated New Drug Application (ANDA) for guaifenesin/pseudoephedrine tablets and that Perrigo will start shipments in time for the cough/cold season to its retail and wholesale customers in the U.S. The product will be packaged and marketed under store and proprietary brands and will be a high quality, value alternative to Mucinex® D tablets.
Mucinex® D (Guaifenesin/pseudoephedrine tablets), an expectorant indicated to relieve chest congestion and make coughs more productive, had sales of about $83 million through food, drug and mass merchandisers over the last 12 months.
Perrigo Company plc, through its auxiliaries, develops, manufactures, and distributes over-the-counter (OTC) and generic prescription (Rx) pharmaceuticals, nutritional products, and active pharmaceutical ingredients (API). Its Consumer Healthcare segment offers OTC pharmaceutical products in the areas of analgesics, cough/cold/allergy/sinus, gastrointestinal, smoking cessation, and animal health products, in addition to in the areas of feminine hygiene, diabetes care, and dermatological care; and contract manufacturing services.
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