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Friday 10 April 2015
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4 Most Active Stocks Update: Mattel, (NASDAQ:MAT), Verizon Communications (VZ), American Realty Capital Properties (ARCP), J C Penney Corporation (JCP)

During Monday’s current trade, Mattel, Inc (NASDAQ:MAT)’s shares gained 5.25%, and is now trading at $23.84.

Last Thursday, Mattel, Inc., declared Christopher A. Sinclair has been designated as Chief Executive Officer, effective right away. Mr. Sinclair, who has been serving as Interim CEO since January 2015, also will continue as Mattel’s Chairman. Mattel also declared the appointment of Michael J. Dolan as Independent Lead Director.

Richard Dickson, 47, also was designated President and Chief Operating Officer. In his expanded role, Mr. Dickson will have responsibility for all brands and commercial operations. Mr. Dickson has served as President, Chief Brands Officer since January 2015 after rejoining the Corporation in May 2014 as Chief Brands Officer. He had worked at Mattel from 2000 to 2010 when he left to become President and CEO of The Jones Group, Inc.’s, branded businesses. Preceding to joining The Jones Group, Inc., Mr. Dickson was General Manager and Senior Vice President of Barbie and led the revitalization of that brand.

Commenting on the appointment of Richard Dickson as President and COO, Mr. Sinclair added, “Richard is a recognized creative and operational talent and he knows Mattel and its brands extremely well. He has been a strong partner to me over these last few months and I look forward to working closely with him in his expanded role.”

Mattel, Inc. designs, manufactures, and markets a range of toy products worldwide. The corporation operates in three segments: North America, International, and American Girl. It offers dolls and accessories, vehicles and play sets, and games and puzzles under the Mattel Girls & Boys brands, counting Barbie, Monster High, Disney Classics, Ever After High, Little Mommy, Polly Pocket, Hot Wheels, Matchbox, CARS, Disney Planes, BOOMco, Radica, Toy Story, Max Steel, WWE Wrestling, and Batman.

Verizon Communications Inc (NYSE:VZ)’s shares jumped 0.59% during the current trading session Monday, and is now trading at $49.76.

Today, The U.S. Environmental Protection Agency has recognized Verizon with a 2015 ENERGY STAR Partner of the Year – Sustained Excellence Award for its continued leadership in protecting the environment through superior energy efficiency achievements. This is the third successive year that Verizon has received this honor from the U.S. EPA.

Verizon, an ENERGY STAR partner since 2006, will be honored for its long-term commitment to energy efficiency and accomplishments in Washington, D.C., on April 20.

Verizon seeks ENERGY STAR certification for all eligible Verizon Wireless retail stores and other corporation facilities that meet the U.S. EPA’s standards for energy efficiency and reduction of greenhouse gas emissions. In all, 193 Verizon facilities earned ENERGY STAR certification by the end of 2014 – 177 Verizon Wireless retail stores and 16 other Verizon facilities across the United States. One of these facilities is a large Verizon distribution center in Coatesville, Pennsylvania, where Verizon teamed with the building owner to make the improvements necessary to attain ENERGY STAR certification. The facility ultimately earned 81 out of 100 points, which means it uses energy more efficiently than 81 percent of similar facilities nationwide. It was also the first Verizon building of its type to earn ENERGY STAR certification.

Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. The corporation’s Wireless segment offers wireless voice and data services; messaging services; service that enables its customers to access the Internet on smartphones, basic phones, notebook computers, and tablets; customers and business-focused multimedia offerings; location-based services; global data services; LTE Internet, a high-speed Internet service; and network access and value added services to support telemetry-type applications.

In an afternoon trade, American Realty Capital Properties Inc (NASDAQ:ARCP)’s shares climbed 0.71%, and is now trading at $9.99.

Last Wednesday, American Realty Capital Properties, Inc., declared the appointment of Hugh R. Frater as Non-Executive Chairman of the Board of Directors. In addition, the Corporation declared that Julie G. Richardson has joined the Board as an Independent Director. Both appointments are effective recently.

The appointments follow the Corporation’s previous declarations that Glenn Rufrano would join ARCP as Chief Executive Officer and as a director, and that Leslie Michelson and Governor Edward Rendell would step down from the Board, each effective recently. William Stanley, who has served as Interim Chairman and CEO, resumes his position as an Independent Director with the appointments of Messrs. Rufrano and Frater. Thomas A. Andruskevich, formerly Interim Lead Independent Director, and Bruce D. Frank continue in their positions as Independent Directors. The appointments declared recently will result in a six-member board. The Board continues its search for another independent director to achieve its aim of a seven-member board.

American Realty Capital Properties, Inc. owns and attains single tenant, freestanding commercial real estate that is net leased on a medium-term basis, primarily to investment grade credit rated and other creditworthy tenants. The corporation principally invests in retail and office properties.

J C Penney Corporation Inc (NYSE:JCP), during its Monday’s current trading session enhanced 0.77%, and is now trading at $9.20.

Today, Since 2014, more than 75 J. C. Penney Company, Inc., home products have earned the prestigious Good Housekeeping Seal, the most of any other retailer. From curtains to bedding to cookware and small electrics, the Seal can be found in over a dozen home categories on private brand products counting Royal Velvet®, Cooks(TM), JCPenney Home(TM) and Liz Claiborne® Home. The most recent JCPenney recipients of the Seal comprise the newly launched Royal Velvet Signature Soft bath rug collection and solid bath towels together with the Cooks power blender, toaster oven, griddle and more.

In addition to the comprehensive product evaluation conducted by the Good Housekeeping Institute, customer reviews are an important part in the development and design of a JCPenney private brand product with the majority of feedback coming from reviews and ratings on jcpenney.com. Customers are invited to rate each product based on a five star rating system. The majority of private brand products have received five stars, demonstrating customers` satisfaction related to quality, design, durability and value. JCPenney product integrity teams review regular reports of product ratings to make adjustments based on specific customer feedback.

  1. C. Penney Corporation, Inc., through its partner, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The corporation sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, in addition to provides various services, counting styling salon, optical, portrait photography, and custom decorating.

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