On Wednesday, United Parcel Service, Inc. (NYSE:UPS)’s shares inclined 1.19% to $100.61.
United Parcel Service, Inc. (UPS) and transportation services, andcomScore, Inc. (SCOR), a leader in measuring the digital world, released the fourth UPS Pulse of the Online Shopper(TM) U.S. study revealing changes in consumer shopping preferences and buying behavior.
Earlier this year 5,000 U.S. consumers were surveyed. The results indicate consumers plan to research and purchase more frequently using their mobile devices, they are influenced bysocial media, and free shipping continues to drive purchasing decisions.
Shopping Small and Local
New in this year’s study, most consumers (93%) shop at smallretailers:
- 61% shopped at these locations because they offer unique products
- 49% couldn’t find what they needed from traditional stores
- 40% wanted to support the small business community
Shopping Global
In addition, 40% of consumers have purchased from retailers based outside the U.S., with nearly half (49%) reporting they did so to find better prices, and 35% said they wanted items that couldn’t be found in U.S. stores.
United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States. The International Package segment provides guaranteed day and time-definite international shipping services in Europe, Asia, Canada and Latin America, the Indian sub-continent, the Middle East, and Africa. It offers three guaranteed time-definite express options, counting Express Plus, Express, and Express Saver.
Oclaro, Inc. (NASDAQ:OCLR)’s shares gained 3.80% to $2.73.
Oclaro, Inc. (OCLR) Needham & Co. raised its price target for the company.
Needham raised its price target for Oclaro to $3.75 from $3 in a note to investors Wednesday. The analyst firm reiterated its “buy” rating for the semiconductor company.
About 1.9 million shares of Oclaro were traded by 12:05 p.m. Wednesday following the price target enhance, well above the company’s average trading volume of about 993,000 shares a day.
Oclaro is U.S.-based company that provides optical communications and laser components, modules and subsystems for fiber-optic communication networks for the telecommunications, industrial, scientific, consumer electronics, and medical markets. The company’s products comprise tunable laser, lithium niobate external modulators, receivers, transceivers, and transponder modules
Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide. The company’s products generate, detect, combine, and separate light signals in telecom networks. It offers tunable laser transmitters comprising discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; discrete receivers for metro and long-haul applications; pluggable transceivers; and transponder modules for transmitter and receiver functions.
At the end of Wednesday’s trade, Kellogg Company (NYSE:K)‘s shares surged 0.16% to $62.27.
Kellogg Company (K) enhances Kellogg’s Family Rewards program in the U.S.; new technology, more participating brands make it easier to collect points, earn rewards.
Tweetable Highlights:
- Kellogg enhances popular Kellogg’s Family Rewards program in the US; No more codes. More participating brands
- New technology links Kellogg’s Family Rewards with U.S. retailer frequent shopper cards; No more codes
- Points added automatically Pringles, Murray cookies, Origins cereal and Cheez-It Crunch’D now part of Kellogg’s Family Rewards in US
- Submit receipts to collect points using new Kellogg’s Family Rewards technology. No more codes. Points added automatically
Millions of Kellogg’s Family Rewards program members in the U.S. will now be able to collect their points automatically thanks to the use of new technology. Members no longer need to enter codes found on the inside of packages, making it easier than ever for people to collect points and earn rewards. Plus, more Kellogg brands are participating in the program, so more purchases than ever provide points which may be redeemed for high-value coupons, gift cards, sweepstakes and merchandise. Members can also donate to U.S. K-12 schools or a variety of hunger-relief charities.
Kellogg is the first consumer packaged goods company to use a combination of retailer frequent shopper integration and receipt scanning to collect points for purchase. With these technology enhancements, points for Kellogg foods purchased at U.S. retailers with participating frequent shopper programs will automatically be added to members’ Kellogg’s Family Rewards accounts, when shoppers link their retailer membership number to Kellogg’s Family Rewards. For purchases at retail locations without participating frequent shopper programs, members can simply take a photo of their receipts with their mobile phones and text or upload them to Kellogg’s Family Rewards to collect their points. Members can also use a digital camera or scanner, and upload receipts from their computers, if they prefer.
Kellogg Company, together with its auxiliaries, manufactures and markets ready-to-eat cereal and convenience foods. The company operates through U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, and Asia Pacific segments. Its principal products comprise ready-to-eat cereals and convenience foods, such as cookies, crackers, savory snacks, frozen foods, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles, and veggie foods, in addition to health and wellness business bars, and beverages.
Staples, Inc. (NASDAQ:SPLS), ended its Wednesday’s trading session with 0.67% gain, and closed at $16.56.
Staples, Inc. (SPLS) declared that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.12 per share. The dividend is payable on July 16, 2015, to shareholders of record on June 26, 2015.
Staples, Inc., together with its auxiliaries, operates office products superstores. It operates through three segments: North American Stores & Online, North American Commercial, and International Operations. The company offers a range of office supplies, business technology products and services, facility and breakroom supplies, computers and mobility products, and office furniture under the Staples, Quill, and other proprietary brands. It also provides copy and print services to its retail and delivery customers, in addition to technology services through its EasyTech business.
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