On Monday, Lululemon Athletica inc. (NASDAQ:LULU)’s shares inclined 1.33% to $64.01.
Lululemon Athletica inc. (LULU) declared that Miguel Almeida has been named as Executive Vice President, Digital, effective as of the start of his employment with the Company, which is expected to be mid-July. He will report to the Company’s Chief Executive Officer, Laurent Potdevin.
Mr. Almeida’s career spans over 15 years of operational and senior leadership with a keen focus on digital strategies. Most recently, he was the Group VP, Digital Commerce and Mobile solutions for Walgreens where he was responsible for omni-channel initiatives, mobile solutions, and online-to-consumer commerce across a variety of digital brands. Prior to joining Walgreens, Miguel held senior roles in the online groups of Apple and Dell where he drove global online expansion for both companies. Formerly, he was a strategy consultant with The Boston Consulting Group where he worked across multiple countries in Europe and South America mainly in high technology, telecom, ecommerce, marketing and retail.
lululemon athletica inc., together with its auxiliaries, designs, manufactures, and distributes athletic apparel and accessories for women, men, and female youth. It operates through two segments, Corporate-Owned Stores and Direct To Consumer. The company offers pants, shorts, tops, and jackets for healthy lifestyle activities and athletic pursuits, such as yoga, running, and general fitness; and dance-inspired apparel for female youth.
Aon Plc (NYSE:AON)’s shares dropped -0.02% to $93.4.
Impact Forecasting, Aon Benfield’s catastrophe model development team, recently launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during July 2015. Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (AON).
The report reveals that Typhoon Chan-hom tracked across much of the Western Pacific Ocean during the month, causing extensive damage in China, Japan’s Okinawa Island chain, South Korea, Taiwan and Guam, killing at least six people and injuring 30 others.
Total economic losses were estimated at more than USD1.6 billion, with China bearing the greatest impact; according to China’s Ministry of Civil Affairs, damage from Chan-hom had resulted in a CNY9.1 billion (USD1.5 billion) economic loss, mainly as a result of damage to agricultural interests and infrastructure.
Aon plc provides risk administration services, insurance and reinsurance brokerage, and human resource consulting and outsourcing services worldwide. It operates through two segments, Risk Solutions and HR Solutions. The Risk Solutions segment offers retail brokerage services, counting affinity products, managing general underwriting, placement, captive administration services, and data and analytics; risk administration solutions for property liability, general liability, professional liability, directors’ and officers’ liability, workers’ compensation, and various healthcare products; and health and benefits consulting services comprising structuring, funding, and administering employee benefit programs. This segment also provides advisory services to technology, financial services, agribusiness, aviation, construction, health care, energy, and other industries.
At the end of Monday’s trade, Rovi Corporation (NASDAQ:ROVI)‘s shares surged 0.82% to $11.07.
Rovi Corporation (ROVI) stated financial results for the second quarter ended June 30, 2015.
The Company stated second quarter revenue of $127.8 million, a decrease of 7% contrast to $137.1 million in the second quarter of 2014. Revenues were lower than in the comparable period of the preceding year, which benefited from higher Consumer Electronics revenues, in part due to one-time revenues from Samsung. Second quarter 2015 Income from ongoing operations, net of tax, was $3.3 million, contrast to $2.7 million Loss from ongoing operations, net of tax, for the second quarter of 2014. Second quarter Diluted income per share from ongoing operations was $0.04, contrast to $0.03 Diluted loss per share from ongoing operations in the second quarter of 2014. After taking into consideration suspended operations, the Company stated second quarter Net income of $3.3 million, contrast to a Net loss of $2.6 million for the same quarter of 2014. Second quarter Diluted income per share was $0.04, contrast to $0.03 Diluted loss per share in the second quarter of 2014.
On a Non-GAAP basis, second quarter Non-GAAP Net Income was $32.7 million, contrast to $39.5 million in the second quarter of 2014, and second quarter Non-GAAP Diluted Income Per Share was $0.38, contrast to $0.43 in the second quarter of 2014.
Rovi Corporation provides integrated solutions for the discovery and personalization of digital entertainment to service providers and consumer electronics (CE) industry worldwide. The company offers interactive program guides (IPGs), an interactive listing of television or video program information that enables viewers to navigate through, sort, select, and plan video programming for viewing and recording. It markets IPGs to service providers under i-Guide and Passport brands; and CE industry under the G-GUIDE and HTML Guide brands.
Apollo Education Group Inc (NASDAQ:APOL), ended its Monday’s trading session with -3.14% loss, and closed at $11.11.
Apollo Education Group, Inc. (APOL) stated financial results for the three and nine months ended May 31, 2015, with third quarter revenue of $681.5 million and diluted earnings per share of $0.44, or $0.53 not taking into account special items.
Third Quarter 2015 Results of Operations
Apollo Education Group (the “Company”) stated net revenue for the third quarter 2015 of $681.5 million, contrast to $793.6 million for the third quarter 2014. Third quarter 2015 University of Phoenix New Degreed Enrollment was 29,400 and Degreed Enrollment was 206,900, contrast to New Degreed Enrollment of 33,900 and Degreed Enrollment of 241,900 for the prior year third quarter. Operating income for the third quarter 2015 was $90.7 million, contrast to $116.3 million for the third quarter 2014. Income from ongoing operations attributable to Apollo Education Group for the third quarter 2015 was $48.1 million, or $0.44 per share, contrast to $68.1 million, or $0.61 per share for the prior year third quarter.
Not taking into account special items, operating income was $101.6 million for the third quarter 2015, contrast to $140.3 million for the third quarter 2014, and income from ongoing operations attributable to Apollo Education Group for the third quarter 2015 was $57.5 million, or $0.53 per share, contrast to $86.9 million, or $0.78 per share, for the third quarter 2014. Adjusted Operating Income was $132.2 million for the third quarter 2015 contrast to $178.1 million for the third quarter 2014. (Special items and Adjusted Operating Income for the respective periods are comprised of in the reconciliation of GAAP to non-GAAP financial information tables of this press release.)
Apollo Education Group, Inc. provides private education services. It offers online and on-campus undergraduate, graduate, professional development, and other non-degree educational programs and services primarily to working learners in the United States and internationally. The company operates in University of Phoenix, Apollo Global, and Other segments. It offers various degree programs in advanced studies, business, criminal justice and security, education, health sciences and nursing, humanities and sciences, information systems and technology, and social sciences.
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