On Thursday, Shares of Harris Corporation (NYSE:HRS), gained 2.15% to $78.49.
Harris Corporation, declared that it will reorganize its business segments to enhance operational efficiency and capture synergies that result from Harris’ recent acquisition of Exelis.
“We combined Harris’ and Exelis’ top talent and technology to create four market-focused segments aligned with Harris’ planned growth platforms,” said William M. Brown, chairman, president and chief executive officer. “Our new structure will assist us improve our competitive position, enhance efficiency, and capture synergies, while we continue to bring innovative and affordable solutions to our customers.”
Harris Corporation, together with its auxiliaries, operates as an international communications and information technology company worldwide. The company operates through RF Communications, Integrated Network Solutions, and Government Communications Systems segments.
Shares of Horsehead Holding Corp. (NASDAQ:ZINC), inclined 1.46% to $9.01, during its last trading session.
Horsehead Holding, declared that its wholly owned direct and indirect auxiliaries, INMETCO, Horsehead Corporation and Horsehead Metal Products, LLC, reached a new secured revolving credit facility with Macquarie Bank Limited, maturing on May 15, 2017. The new facility replaces the maximum aggregate $80 million principal amount of two credit facilities to which these auxiliaries formerly were parties. It is in the same maximum principal amount, and is secured by the same collateral of such auxiliaries. However, the new credit facility accommodates a broader borrowing base than such previous credit facilities, adding about $30 million of additional availability.
Horsehead Holding Corp., together with its auxiliaries, produces and sells zinc and nickel-based products primarily in the United States and Canada. The company operates through three segments: Horsehead, Zochem, and INMETCO.
At the end of Thursday’s trade, Shares of Kansas City Southern (NYSE:KSU), gained 0.65% to $93.25.
Kansas City Southern, will release its financial results for second quarter 2015 on Friday, July 17, 2015, before the opening of trading on the New York Stock Exchange.
KCS will also hold its second quarter 2015 earnings conference call on Friday, July 17, 2015 at 8:45 a.m. eastern time. Shareholders and other interested parties are invited to take part via live webcast or telephone. To take part in the live webcast and to view accompanying presentation materials, please log into the KCS website at www.kcsouthern.com right away preceding to the presentation.
Kansas City Southern, through its auxiliaries, engages in the freight rail transportation business. It operates north/south rail route between Kansas City, Missouri, and various ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas in the midwest and southeast regions of the United States.
Finally, VF Corp (NYSE:VFC), ended its last trade with -0.13% loss, and closed at $69.90.
VF Corporation, planned to release its second quarter fiscal 2015 financial results on Friday, July 24, 2015, at about 7:00 a.m. ET. Following the news release, VF administration will host a conference call at about 8:30 a.m. ET to review results.
V.F. Corporation designs, manufactures, markets, and distributes branded lifestyle apparel, footwear, and accessories in the United States and Europe. The company offers outdoor apparel, footwear and equipment, youth culture/action sports-inspired footwear, handbags, luggage, backpacks, totes, accessories, merino wool socks, women’s activewear, and travel accessories under the The North Face, Vans, Timberland, Kipling, Napapijri, Jansport, Reef, Smartwool, Eastpak, lucy, and Eagle Creek brands.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
