On Friday, Shares of The Coca-Cola Company (NYSE:KO), gained 1.18% to $40.39.
The Coca-Cola Company, declared a donation of $100,000 to the Hispanic Scholarship Fund (HSF), the nation’s largest not-for-profit organization supporting Hispanic American higher education. In an effort to empower the Hispanic community and to raise additional money for HSF, Coca-Cola is donating $1 for every post on Twitter and Instagram with the hashtag #ForTheDream, up to $10,000.
“Financial pressure is one of the major challenges facing Latinos going to college,” said Alba Adamo, Group Director of Hispanic Marketing at The Coca-Cola Company. “As a community supporter and partner of HSF, Coca-Cola’s #ForTheDream program is assisting provide Hispanic families with the resources needed to go to college and achieve a higher education.”
The #ForTheDream program will also award one college tour experience and thirty-four $500 grants via the #ForTheDreamSweeps sweepstakes to assist cover education expenses. To enter the sweepstakes participants can post a selfie with someone who is assisting them achieve their college dreams on Twitter or Instagram, and tag it using the hashtag #ForTheDreamSweeps. A My Coke Rewards product code can also be presented as an entry on the website http://Coke.com/ForTheDream.
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 Baxalta Incorporated (NYSE:BXLT), inclined 2.63% to $30.85, during its last trading session.
Baxalta Incorporated, declared the appointment of two new board members. Joining the company’s Board of Directors effective July 27, 2015, are Karen Ferrante, M.D., and Francois Nader, M.D., expanding the Board from seven to nine members, eight of whom are independent. Both individuals bring deep biopharmaceutical expertise and a variety of distinguished professional experiences to Baxalta.
“I am happy to welcome Karen Ferrante and Francois Nader to the Baxalta Board of Directors,” said Wayne Hockmeyer, Ph.D., chairman of the Baxalta Board. “I am confident that their guidance will bring valuable insight to our Board as we continue to assist Baxalta build a purpose-driven culture that delivers strong growth performance for shareholders, breakthroughs for patients, and meaningful and sustained value for all stakeholders.”
Baxalta Incorporated, a biopharmaceutical company, develops, manufactures, and markets a portfolio of products primarily for the treatment of hematology and immunology worldwide. It also offers other therapies for the treatments of bleeding disorders, and chronic and acute medical conditions, counting hemophilia A, hemophilia B, attained hemophilia, inhibitor treatments, primary immunodeficiency (PID), and alpha-1 antitrypsin deficiency.
Finally, Noah Holdings Limited (NYSE:NOAH), ended its last trade with -1.53% loss, and closed at $25.16.
Noah Holdings Limited, declared that its board of directors has approved a share repurchase program, effective right away, which authorizes the Company to repurchase up to US$50 million worth of its issued and outstanding American Depositary Shares (“ADSs”) over the course of one year.
In addition to the Company’s share repurchase program, three executive directors, Ms. Jingbo Wang, Mr. Zhe Yin, and Ms. Chia-Yue Chang, all intend to purchase Noah’s ADSs on the open market.
The repurchases will be made on the open market at prevailing market prices or in block trades and subject to restrictions regarding volume, price and timing. The timing and extent of any purchases will depend upon market conditions, the trading price of the ADSs, the nature of other investment opportunities presented to the Company, the Company’s cash flows and predictable cash flows, general economic conditions and other factors. The Company and executive directors may effect buyback transactions following Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
Noah Holdings Limited, through its auxiliaries, operates as a wealth administration service provider with focus on wealth investment and asset allocation services for high net worth individuals and enterprises in the People’s Republic of China.
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