On Tuesday, Shares of Edison International (NYSE:EIX), lost -0.10% to $59.30.
Southern California Edison, a representative from the AARP and the Monterey Park Police Department will join forces to warn SCE customers and the public to stay alert this holiday season for the utility phone scams that tend to improvement this time of year.
Since January 2014, more than 16,000 SCE customers have received utility phone scam calls from impostors claiming to be from SCE and threatening to disconnect their service unless immediate payment is made for bogus late bills. Of those, at least 700 customers have paid scam artists at a loss of nearly half a million dollars.
The conference will be held on Wednesday, Dec. 2, at 11 a.m-12:30 p.m., in Southern California Edison Corporate Headquarters.
Edison International, through its auxiliaries, generates and supplies electricity. The company generates electricity through hydroelectric, diesel, natural gas, nuclear, and photovoltaic sources.
Shares of Unilever N.V. (ADR) (NYSE:UN), inclined 0.11% to $43.79, during its last trading session.
Unilever, declared that it has sold the Motions, Just for Me, Consort, and Groom & Clean brands, and also the TCB brand in Africa, to Strength of Nature, for an unrevealed amount. TCB is presently sold in a limited number of African countries.
Kees Kruythoff, President of Unilever North America, said: “We remain committed to the ethnic hair care and men’s grooming categories. We believe that the Motions, Just for Me, Consort and Groom & Clean brands, and the TCB brand in Africa will be able to realize their full potential with Strength of Nature. We will continue to focus on the specific needs of both multicultural and male consumers with our global brands.”
Mario de la Guardia, Strength of Nature CEO, added: “We are very excited to add these brands to Strength of Nature’s growing portfolio, and to further expand our international business with the acquisition of the African rights for TCB. These are trusted brands, each with a strong legacy and high awareness, reinforcing Strength of Nature’s commitment to providing affordable and quality hair care products to our consumers. Each provides an excellent foundation for renewed growth and expanded innovation, and we look forward to building these brands.”
Unilever N.V. operates as a fast-moving consumer goods company in the Americas, Europe, Asia, Australasia, Africa, the Middle East, Turkey, Russia, Ukraine, and Belarus. The company operates through Personal Care, Foods, Refreshment, and Home Care segments.
Finally, Shares of Mallinckrodt PLC (NYSE:MNK), ended its last trade with 5.21% gain, and closed at $71.45.
Mallinckrodt plc, declared that it has closed the sale of its global contrast media and delivery systems (CMDS) business to Guerbet (GBT- NYSE Euronext) in a transaction valued at about $270 million. The company’s CMDS operations encompassed four manufacturing facilities and a total of about 1,000 employees spread across the globe, counting nearly 75 in the St. Louis area. This entire workforce and the manufacturing facilities have been transferred to Guerbet.
Mallinckrodt’s action to divest its CMDS business follows through on the company’s stated objective to become a high-growth specialty pharmaceutical business, transforming its portfolio by adding durable, innovative, branded assets with noteworthy volume growth potential.
“The diversiture of our CMDS business is an important step toward realigning our portfolio to one that contributes higher growth for shareholders and focuses our investments on medicines that provide higher value for patients and providers for the long run. With our planned aims and priorities focused in the specialty biopharmaceutical space, we believe Guerbet is the best long-term owner for our CMDS portfolio,” said Mark Trudeau, President and Chief Executive Officer of Mallinckrodt. “Our CMDS business is an excellent planned fit for the Guerbet organization and we believe the enlarged global reach and scale of the combined business will enable Guerbet to substantially improvement its ability to meet the needs of patients around the world. With this transaction, we are happy to welcome Guerbet to the St. Louis area.”
Mallinckrodt public limited company develops, manufactures, markets, and distributes specialty pharmaceutical and biopharmaceutical products, and nuclear imaging agents in the United States, Europe, the Middle East, Africa, and internationally.