On Tuesday, Big Lots, Inc. (NYSE:BIG)’s shares declined -2.35% to $46.86.
Mari Linn Lacovara was given no warning in May 2013 that the decorative oil-filled lamp she bought at a local chain discount store for her Egg Harbor Township home would easily become an explosive device and nearly take her life. After becoming yet another victim of the Big Lots, Inc. exploding tabletop citronella-oil torch, the New Jersey woman and her husband are suing the lamp’s seller and urging tighter controls on the sale of similar products.
According to the complaint (CV-01953-JBS-AMD) filed recently in United States District Court in Camden, Ms. Lacovara, a senior budget office official at the Tropicana, wife of a stepped down firefighter-paramedic, and mother of two, on May 22, 2013 was on her back deck, blowing out the mosaic-style, oil-fueled tabletop torch, which she purchased at the discount Big Lots (BIG) store in nearby Somers Point, when the lamp suddenly exploded.
Big Lots, Inc., through its auxiliaries, operates as a non-traditional, discount retailer in the United States. The company offers products under various merchandising categories, such as food category that comprises beverage and grocery, candy and snacks, and specialty foods departments; consumables category, which comprises health and beauty, plastics, paper, chemical, and pet departments; soft home category that comprises of fashion bedding, utility bedding, bath, window, decorative textile, and area rugs departments; hard home category, counting small appliances, table top, food preparation, stationery, greeting cards, tools, paint, and home maintenance departments; and furniture and home décor category comprising of upholstery, mattress, ready-to-assemble, case goods, home décor, and frames departments.
Booz Allen Hamilton Holding Corporation (NYSE:BAH)’s shares dropped -1.54% to $26.29.
Booz Allen Hamilton Holding Corporation (BAH), the parent company of administration and technology consulting and engineering services firm Booz Allen Hamilton Inc., declared preliminary results for the first quarter of fiscal 2016. The Company made further progress on its long-term growth strategy by ongoing to invest in key capabilities and markets, while also increasing spending on bid and proposal activity to capitalize on opportunities in an improving environment.
The higher overhead spending during the first quarter is predictable to continue in the second quarter but will result in a lower quarterly spending profile for the second half of the year, in addition to a more comprising quarterly margin profile than in the last two fiscal years. The Company is executing this strategy as formerly communicated, and anticipates annual margin expansion to continue.
Booz Allen Hamilton Holding Corporation provides administration consulting, technology, and engineering services to corporations, institutions, not-for-profit organizations, and the U.S. government in defense, intelligence, and civil markets in the United States and internationally. Its acquisition, program administration, and logistics capabilities comprise strategy development, policy support, logistics administration, staff development and deployment, modeling and simulation, testing and validation, information assurance, and data administration services, which assist clients for various operational programs.
At the end of Tuesday’s trade, FMC Corp (NYSE:FMC)‘s shares dipped -4.18% to $40.54.
FMC Corporation (FMC) declared that it will establish a European regional headquarters and research facility in Horsholm, a suburb of Copenhagen, Denmark. The new FMC European Innovation Center (EIC), predictable to open in 2016, will serve as a central hub for research and development, regional corporate functions and regional commercial teams.
The new center will be located at the Scion DTU Science and Technology Park in Horsholm, about 25 kilometers north of Copenhagen. It will bring together employees who presently work at sites throughout Europe and the U.S., counting employees in research, sales, marketing, regional administration, finance, supply chain, human resources and related functions.
FMC Corporation, a diversified chemical company, provides solutions, applications, and products for the agricultural, consumer, and industrial markets in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. The company operates through three segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. The FMC Agricultural Solutions segment develops, manufactures, and sells crop protection, professional pest control, and lawn and garden products, such as insecticides, herbicides, and fungicides.
Restaurant Brands International Inc (NYSE:QSR), ended its Tuesday’s trading session with -2.69% loss, and closed at $37.31.
The BURGER KING® brand is owned by Restaurant Brands International Inc. (TSX,NYSE:QSR), BURGER KING® restaurants are introducing its spiciest product yet, new Fiery Chicken Fries. Accessible for a limited time only, Fiery Chicken Fries are made with the same white meat chicken as original Chicken Fries, flavored with a marinade of cayenne pepper, black pepper and other savory spices that will make your mouth cry.
BURGER KING® restaurants brought back Chicken Fries as a permanent menu item in March 2015 to satisfy the pleas of craving fans on social media. Since Chicken Fries fans are always open to bold, new adventures, and with over half of all Americans surveyed saying they prefer very spicy foods*, Fiery Chicken Fries were developed to create a flavor experience somewhere between pleasure and OM#G.
Restaurant Brands International Inc. owns and operates quick service restaurants under the Burger King and Tim Hortons brand names. As of February 17, 2015, it franchised or owned 19,043 restaurants in about 100 countries and U.S. territories worldwide. The company was founded in 1954 and is headquartered in Oakville, Canada.
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