On Wednesday, Shares of Keurig Green Mountain Inc (NASDAQ:GMCR), gained 0.92% to $40.50.
Keurig Green Mountain, declared its business results for the 13 weeks and 52 weeks ended September 26, 2015.
“Our results for the quarter and the year reflect the competitive and dynamic marketplace in which we operate in addition to the steps we are taking to position our Company for longer-term growth and value creation,” said Brian Kelley, Keurig’s President and CEO. “I’m particularly happy with the benefits realized from our cost reduction efforts in addition to our strong cash generation, both of which exceeded expectations in the fourth quarter. While we expect marketplace conditions will remain challenging in the near term, we have a stronger product line-up and price positioning as we enter the new holiday season.”
Mr. Kelley continued, “Our priorities for 2016 are to reinvigorate our hot system and continue the disciplined rollout of our Kold system. We remain confident that our investments in the business and our multi-year productivity program will deliver long-term value to shareholders. Recently’s declaration of the Board’s authorization of a 13% improvement in our dividend underscores our confidence in our future prospects and continues our track record of delivering strong cash returns to our shareholders.”
Keurig Green Mountain, Inc. produces and sells specialty coffee, coffeemakers, teas, and other beverages in the United States and Canada. It sources, produces, and sells coffee, hot cocoa, teas, and other beverages under various brands in K-Cup, Vue, Rivo, K-Carafe, and Bolt portion packs brands; and coffee in traditional packaging, counting bags and fractional packs, in addition to offers whole bean and ground coffee in bags, fractional packages, and cans.
Shares of Noble Energy, Inc. (NYSE:NBL), inclined 2.56% to $37.40, during its last trading session.
CONE Midstream Partners, declared that members of its executive administration team will take part in the RBC Capital Markets MLP Conference on November 19, 2015. A slide presentation, which may be referenced during investor meetings at the conference, will be posted on the “Events and Presentations” page of the CNNX website, www.conemidstream.com, preceding to the start of the conference.
CONE Midstream Partners is a master limited partnership formed by CONSOL Energy, Inc. (CNX) and Noble Energy, Inc. (NBL), referred to as our Sponsors, to own, operate, develop and acquire natural gas gathering and other midstream energy assets to service our Sponsors’ production in the Marcellus Shale in Pennsylvania and West Virginia. Our assets comprise natural gas gathering pipelines and compression and dehydration facilities, in addition to condensate gathering, collection, separation and stabilization facilities.
Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, and production of crude oil, natural gas, and natural gas liquids worldwide. Its principal projects are located in onshore DJ Basin and Marcellus Shale, the United States; the deepwater Gulf of Mexico; offshore West Africa; and offshore Eastern Mediterranean.
Finally, Shares of Twenty-First Century Fox Inc (NASDAQ:FOX), ended its last trade with 0.66% gain, and closed at $30.63.
National Geographic Partners, declared the appointment of its senior leadership team. The formerly declared entity combines the National Geographic television channels and National Geographic’s other media and consumer-oriented assets. The appointments were made by National Geographic Partners CEO Declan Moore. Additional appointments are predictable soon.
21st Century Fox and National Geographic Society also declared that they have accomplished the transaction to form National Geographic Partners.
“Upon concluding the transaction to form National Geographic Partners, we are thrilled to bring these incredibly talented executives to the senior leadership team,” Moore said. “National Geographic is one of the world’s most trusted brands, delivering unique and compelling storytelling of science, discovery and wonder to consumers for over a century. We’re excited to officially start our journey to bring a new and integrated National Geographic experience to people worldwide, and I look forward to partnering with Ward Platt and working with Susan Goldberg, Courteney Monroe and Jeffrey Schneider to share the National Geographic mission with an even larger audience.”
Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. It operates through Cable Network Programming; Television; Filmed Entertainment; and Other, Corporate and Eliminations segments.