On Wednesday, Shares of Rite Aid Corporation (NYSE:RAD), gained 1.58% to $8.36.
Rite Aid Corporation, declared that Mike Podgurski, Rite Aid’s vice president of pharmacy services, has been named the 2015 Honorary President by the National Association of the Boards of Pharmacy (NABP).
The honor is awarded each year to an individual in recognition of their commitment to supporting the Association’s mission and aims counting protecting public health and promoting the Association’s initiatives. Podgurski, a licensed pharmacist with more than 40 years’ experience, was formally recognized during NABP’s Annual Awards Dinner yesterday, the culminating event of the Association’s 111th Annual Meeting in New Orleans.
In presenting the award, the Association recognized Mike’s ongoing commitment to the Association through his participation on numerous NABP and industry committees and task forces counting the NABP’s Task Force on Pharmacy Licensure Standards, its Community Pharmacy Accreditation Program Steering Committee and its Task Force on Pharmacy Automation; the American Pharmacists Association’s Work Group on the Future of Pharmacy, and the Food and Drug Administration’s Risk Communication Advisory Committee. He was also involved with the White House Office of National Drug Control Policy Roundtable on Health Information Technology and Prescription Drug Abuse and the Office of the National Coordinator for Health Information Technology and Substance Abuse and Mental Health Services Administration Prescription Drug Monitoring Program Work Group.
Podgurski joined Rite Aid in 1987 through the Company’s acquisition of SupeRx. During his nearly 30 year tenure at Rite Aid, he has held a variety of positions covering several functional areas counting pharmacy operations, pharmacy services, pharmacy development, government affairs and third party administration. Podgurski was named to his current role in June 2007.
Rite Aid Corporation, through its auxiliaries, operates a chain of retail drugstores in the United States. The company sells prescription drugs and a range of other merchandise, counting over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other every day and convenience products.
Shares of Cypress Semiconductor Corporation (NASDAQ:CY), declined -1.10% to $13.51, during its last trading session.
On May 12, Cypress Semiconductor Corp., and Arrow Electronics declared the winners of the PSoC® Pioneer Challenge, a global design competition that had engineers prototype new Internet of Things applications using Cypress’s PSoC 4 BLE Pioneer Kit.
The winner is Chuck Swiger of Charleston, W.V., whose electric bicycle data collection and logging system claimed the $2,500 grand prize. Swiger will showcase his winning design in the Cypress and Arrow booth number 2323 from May 15-17 at the Maker Faire Bay Area expo in San Mateo, Calif. Second place went to engineering student, David Levi, and three colleagues from California Polytechnic University, San Luis Obispo, who developed a sensor-based alarm-clock system, named Chipper, that will sound an alarm if the user tries to go back to sleep.
Cypress Semiconductor Corporation provides mixed-signal programmable solutions, specialized semiconductor memories, and integrated semiconductor solutions worldwide.
At the end of Wednesday’s trade, Shares of Foot Locker, Inc. (NYSE:FL), gained 0.06% to $63.49, hitting its highest level.
Foot Locker, declared that its Board of Directors has elected Nicholas DiPaolo, formerly its Lead Director, to the position of non-executive Chairman of the Board, effective May 20, 2015. He succeeds Ken C. Hicks who, as formerly declared, stepped down from the Company and the Board of Directors after Annual Meeting of Shareholders.
“I appreciate the confidence that my fellow board members have shown in electing me to the position of Chairman of the Board,” stated Mr. DiPaolo. “I join with the rest of the Board in expressing my appreciation to Ken Hicks for his outstanding leadership in the entire succession process, which also led to the election last year of Dick Johnson as President and Chief Executive Officer. I am elated to be working with Dick even more closely now as Chairman of the Board.”
Foot Locker, Inc. operates as an athletic shoes and apparel retailer. The company operates in two segments, Athletic Stores and Direct-to-Customers. The Athletic Stores segment retails athletic footwear, apparel, accessories, and equipment under various formats, counting Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction, and SIX:02, in addition to Runners Point, and Sidestep.
Finally, Melco Crown Entertainment Limited (NASDAQ:MPEL), ended its last trade with 1.71% gain, and closed at $19.02.
Melco Crown Entertainment Limited, declared that its Board of Directors has authorized a 2015 stock repurchase program following the expiry of the 2014 share repurchase mandate and the grant of the 2015 share repurchase mandates by the shareholders at the Company’s annual general meeting held on May 20, 2015. Under the 2015 stock repurchase program, the Company is authorized to carry out on-market repurchases of up to an aggregate of US$500 million of their trading value from May 20, 2015 to the conclusion of the next annual general meeting of the Company in 2016 or the revocation or variation of such 2015 share repurchase mandates by shareholders of the Company in general meeting.
Under the stock repurchase program, the Company is authorized to repurchase, from time-to-time, shares of its outstanding common stock in the open market. The timing and amount of share repurchases will be determined by the Company’s administration team based upon its evaluation of market conditions and other factors. The stock repurchase program may be suspended, modified or suspended at any time, and the Company has no obligation to repurchase any amount of its common stock under the program. The Company intends to make all repurchases and to administer the plan in accordance with applicable United States, Cayman Islands and Hong Kong laws, the memorandum and articles of association of the Company and regulatory guidelines, counting, without limitation, Rule 10b-18 of the Securities Exchange Act of 1934, as amended, from time to time.
Melco Crown Entertainment Limited, through its auxiliaries, develops, owns, and operates casino gaming and entertainment resort facilities in Asia. It owns and operates City of Dreams, an integrated casino resort that has 500 gaming tables and 1,400 gaming machines; about 1,400 hotel rooms and suites; a wet stage performance theater with about 2,000 seats; about 30 restaurants and bars, and 70 retail outlets; and recreation and leisure facilities, counting health and fitness clubs, swimming pools, spa and salons, and banquet and meeting facilities.
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