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Thursday 15 October 2015
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Active Stocks Highlights: Molson Coors Brewing Company (NYSE:TAP), Verizon Communications Inc. (NYSE:VZ), Navient Corp (NASDAQ:NAVI), Kroger Co (NYSE:KR)

On Wednesday, Molson Coors Brewing Company (NYSE:TAP)’s shares inclined 14.22% to $82.97.

The Board of Directors of MillerCoors, the U.S. and Puerto Rican joint venture between SABMiller plc (LN:SAB; OTC:SABMRY) and Molson Coors Brewing Company ( TAP) named Gavin Hattersley to the role of chief executive officer, following former CEO Tom Long, who stepped down on June 30, 2015. Hattersley, 52, had been serving as the interim CEO of MillerCoors since July 1, in addition to his role as chief financial officer of Molson Coors.

Hattersley’s appointment is effective right away. He follows Tom Long and Leo Kiely as the previous two CEOs of the MillerCoors joint venture. Hattersley and his wife, Terry, will relocate to Chicago.

Molson Coors has begun the process of identifying Hattersley’s successor as CFO. Hattersley will remain in a dual capacity as MillerCoors CEO and CFO of Molson Coors until mid-November.

Molson Coors Brewing Company manufactures and sells beer and other beverage products. The company sells its products under the Coors Light, Molson Canadian, Carling, Carling Black Label, Coors Altitude, Coors Banquet, Creemore Springs, the Granville Island, Keystone Light, Mad Jack, Molson Canadian 67, Molson Canadian Cider, Molson Dry, Molson Export, Pilsner, and the Rickard’s family brands in Canada; and brews or distributes under the Amstel Light, Heineken, Murphy’s, Newcastle Brown Ale, Strongbow cider, Desperados, Dos Equis, Moretti, Sol, Tecate, Miller Chill, and Miller Genuine Draft brands.

Verizon Communications Inc. (NYSE:VZ)’s shares dropped -0.45% to $46.17.

Lowell McAdam, chairman and CEO of Verizon Communications (VZ), will speak at the Goldman Sachs 24th Annual Communacopia Conference here on Sept. 17 at about 8:50 a.m. ET. His presentation will be webcast, and access instructions will be accessible preceding to the event at www.verizon.com/about/investors/.

Verizon Communications Inc. (VZ), headquartered in New York, employs a diverse workforce of 178,500 and generated more than $127 billion in 2014 revenues. Verizon Wireless operates America’s most reliable wireless network, with 109.5 million retail connections nationwide. Verizon also provides converged communications, information and entertainment services over America’s most advanced fiber-optic network, and delivers integrated business solutions to customers worldwide. For more information, visit www.verizon.com/news/.

Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.

At the end of Wednesday’s trade, Navient Corp (NASDAQ:NAVI)‘s shares surged 2.18% to $12.64.

Navient (NAVI), declared the launch of a new online investor forum designed to facilitate communication with bondholders of securities backed by federally guaranteed student loans. The forum is offered by Navient through DealVector.

Through the new online investor forum, ABS investors can register to receive notifications regarding their bonds and can also communicate with Navient and directly with other bondholders through identity-protected messages.

Navient Corporation provides financial products and services in the United States. The company operates in four segments: FFELP Loans, Private Education Loans, Business Services, and Other.

Kroger Co (NYSE:KR), ended its Wednesday’s trading session with 0.05% gain, and closed at $37.18.

Ralphs is a partner of The Kroger Co., (KR), Ralphs Grocery Company has declared the grand re-opening of its newest remodeled store at 10861 Le Conte in Westwood Village on Friday, September 18. To celebrate, Ralphs is hosting a grand re-opening ribbon cutting on September 18 at 8 a.m. The new store at 10861 Le Conte Avenue is open 24 hours.

The remodeled Westwood Village Ralphs is about 93,400 square feet, counting an expansion of more than 50,000 square feet to allow for a larger selection of products and services for customers. The store is the largest Ralphs in Southern California and will employ about 340 full- and part-time associates, counting 150 newly-hired associates from the community.

The Kroger Co., together with its auxiliaries, operates as a retailer in the United States and internationally. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores.

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