On Thursday, RR Donnelley & Sons Co (NASDAQ:RRD)’s shares inclined 0.18% to $17.01.
RR Donnelley & Sons Company (RRD) declared that it intends to create three independent, publicly traded companies: one business focused on financial communications and data services; one business focused on publishing and retail-centric print services; and one business focused on customized multichannel communications administration.
The creation of these three independent businesses is predictable to deliver the following planned and financial benefits;
Planned Benefits
- Each business to focus on its distinct planned preceding, driving opportunities to accelerate growth and enhance long-term value
- Greater flexibility to execute tailored business strategies and compete in evolving markets
- Even more focused brand strategy to support each business’s marketing plan
Financial Benefits
- Tailored capital structures reflective of each business’s financial and growth profiles
- Better-optimized investment policies
- Market recognition of standalone growth prospects and profitability
- Enable investors’ valuations to reflect each business’s unique operating and financial dynamics
R.R. Donnelley & Sons Company provides integrated communications solutions to private and public sector clients in the United States and internationally. The company operates through Publishing and Retail Services, Variable Print, Planned Services, and International segments. Its product and service offerings comprise magazines, catalogs, retail inserts, books, directories, and packaging products; commercial and digital print, direct mail, office products, labels, statement printing, and forms; and logistics services, financial print products and related services, print administration products, and digital and creative solutions.
Echo Global Logistics, Inc. (NASDAQ:ECHO)’s shares dropped -19.67% to $26.38.
Echo Global Logistics, Inc. ( ECHO), a leading provider of technology-enabled transportation and supply chain administration services, declared that the company ranked #2 in the 2015 Inbound Logistics’ Readers’ Choice Top 10 3PL Excellence Awards. Echo will be listed among the winners in the magazine’s July issue.
This marks the fifth year in a row Echo has appeared on the Top 10 3PL list. The company earned second place this year, up from the fourth spot in 2014 and eighth in 2013
Echo Global Logistics, Inc. provides technology-enabled transportation and supply chain administration solutions in the United States. It uses a proprietary technology platform to compile and analyze data from its multi-modal network of motor, rail, and air freight transportation providers for the transportation and logistics needs. The company offers services in various transportation modes, such as truckload, less-than truckload, small parcel, inter-modal, domestic air, and expedited and international transportation services.
At the end of Thursday’s trade, Unilever N.V. (ADR) (NYSE:UN)‘s shares surged 0.64% to $45.94.
Unilever Canada is recalling four (4) SKUs of Clear for Men Shampoo/Conditioner. These products do not meet the specification required for preservatives. The products were distributed nationwide starting in 2013 to the present through retail stores.
Unilever N.V. operates as a fast-moving consumer goods company in the Americas, Europe, Asia, Australasia, Africa, the Middle East, Turkey, Russia, Ukraine, and Belarus. The company operates through Personal Care, Foods, Refreshment, and Home Care segments. The Personal Care segment offers skincare and haircare products, deodorants, and oral care products.
Monster Beverage Corporation (NASDAQ:MNST), ended its Thursday’s trading session with -5.93% loss, and closed at $144.87.
Monster Beverage Corporation (MNST) declared that the Company will provide a live audio webcast of the business talk about and question and answer portion of its annual stockholders’ meeting on Friday, August 7, 2015. The webcast will start at 1:20 p.m. Pacific Time, following the formal portion of the meeting, which will start at 1 p.m. Pacific Time.
Monster Beverage Corporation, through its auxiliaries, develops, markets, sells, and distributes alternative beverage category beverages in the United States and internationally. It operates in two segments, Direct Store Delivery and Warehouse. The Direct Store Delivery segment offers carbonated energy drinks, non-carbonated dairy based coffee plus energy drinks, non-carbonated energy shakes containing proteins, carbonated energy drinks containing nitrous oxide, non-carbonated energy drinks with electrolytes, and ready-to-drink iced teas.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
