On Friday, Shares of The Coca-Cola Company (NYSE:KO), lost -0.05% to $41.21.
On April 30, The Board of Directors of The Coca-Cola Company, promoted J. Alexander “Sandy” Douglas Jr., presently Senior Vice President and President, Coca-Cola North America to Executive Vice President, and promoted Dr. Ed Hays, presently Vice President and Chief Technical Officer to Senior Vice President. Additionally, it elected two new Vice Presidents – Julie Hamilton, Chief Customer and Commercial Leadership Officer; and Kelly Johnstone, Global Operations Director, Planned Security. Each of the appointments is effective right away.
The Board also declared a regular quarterly dividend of 33 cents per common share. The dividend is payable July 1, 2015 to shareowners of record as of June 15, 2015.
The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Its sparkling beverages comprise nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters.
Shares of Marathon Oil Corporation (NYSE:MRO), declined -0.32% to $28.09, during its last trading session.
Oil prices have fallen over supply concerns following escalating geopolitical disturbance in the Middle East.
July Brent crude fell 25 cents at $66.29 a barrel and the US crude for July dipped 27 cents at $60.45 a barrel, Reuters stated.
Marathon Oil Corporation operates as an energy company. It operates in three segments: North America Exploration and Production, International Exploration and Production, and Oil Sands Mining. The North America Exploration and Production segment explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in North America.
At the end of Friday’s trade, Shares of The Boeing Company (NYSE:BA), lost -1.72% to $144.81.
On May 14, Boeing (BA) and TUI Group, have finalized an order for one 787-9 Dreamliner with an option for one further 787-9. The order is valued at $257 million at current list prices. TUI Group also declared that it will substitute two unfilled orders for 787-8s for two 787-9s.
The European leisure group will operate a fleet of 13 787-8s from this summer and with today’s declaration will add three 787-9s to its fleet within the next three years.
The 787-9 complements and extends the 787 family. With the fuselage stretched by 6 meters (20 feet) over the 787-8, the 787-9 will fly up to 40 more passengers an additional 830 kilometers (450 nautical miles) with the same exceptional environmental performance – 20 percent less fuel use and 20 percent fewer emissions than the airplanes they replace.
The 787-9 leverages the visionary design of the 787-8, offering passenger-pleasing features such as large windows, large stow bins, modern LED lighting, higher humidity, a lower cabin altitude, cleaner air and a smoother ride.
There are six airlines in the TUI Group operating 144 medium and long-haul aircraft, counting the 787. The airlines are TUIfly, Thomson, TUIfly Nordic, Jetairfly, Corsair and ArkeFly, serving more than 180 destinations around the world. Throughout its history, Boeing has delivered more than 165 airplanes to TUI Group airlines. In addition to the orders for 787s, TUI Group also has ordered 60 737 MAXs.
The Boeing Company, together with its auxiliaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide.
Finally, Target Corp. (NYSE:TGT), ended its last trade with -0.13% loss, and closed at $79.29.
Target Corporation, stated first quarter 2015 adjusted earnings per share from ongoing operations of $1.10, up 19.6 percent from $0.92 in 2014. GAAP EPS from ongoing operations were $1.01, contrast with $0.89 in first quarter 2014. First quarter 2015 GAAP EPS from ongoing operations reflect $103 million of restructuring costs that are excluded from Adjusted EPS.
Fiscal 2015 Earnings Guidance
In second quarter 2015, Target anticipates Adjusted EPS of $1.04 to $1.14, contrast with $1.01 in second quarter 2014.
The Company now anticipates full-year 2015 Adjusted EPS of $4.50 to $4.65, contrast with preceding guidance of $4.45 to $4.65.
Target Corporation operates as a general merchandise retailer in the United States and Canada. It offers household essentials, counting pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys; electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, in addition to intimate apparel, jewelry, accessories, and shoes.
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.
