On Wednesday, Shares of Wal-Mart Stores, Inc. (NYSE:WMT), gained 0.02% to $64.45.
In observance of the 10th anniversary of Hurricane Katrina, recently Walmart and the Walmart Foundation declare a $25 million commitment over five years to support organizations in disaster recovery and resiliency efforts worldwide. The commitment was declared by Doug McMillon, president and CEO of Wal-Mart Stores, Inc., on Instagram. As part of the commitment, the Walmart Foundation is making an initial investment of $500,000 in grants to select local nonprofits in the U.S. Gulf Coast region.
The declaration will be made as part of the “Before. During. After.” forum in New Orleans where Walmart will convene government, business and nonprofit leaders, counting New Orleans Mayor Mitch Landrieu, former Mississippi Gov. Haley Barbour and Harry Connick, Jr., to reflect on the lessons learned since Hurricane Katrina and inform the future of disaster response. The forum can be viewed on YouTube from 2 p.m. to 4 p.m. CDT.
Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sams Club. It operates discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, restaurants, apparel stores, drug stores, and convenience stores, in addition to retail Websites, such as walmart.com and samsclub.com.
Shares of Office Depot Inc (NASDAQ:ODP), remained flat at $7.63, during its last trading session.
Office Depot, declared a Labor Day sale at Office Depot and OfficeMax stores from Aug. 30 through Sept. 12 and Clearance Event deals of up to 65 percent off the regular price on tech, supplies, furniture and more1 from September 6 through September 26.
Whether for home, work or on-the-go, Office Depot and OfficeMax have the right gear to refresh your office this fall. With the hottest computers, printers, furniture and supplies, shoppers can ‘Gear Up for Great’ while saving time and money. In addition, members of Office Depot OfficeMax Rewards, a program that is free to join, receive additional savings on already great values.
Office Depot, Inc., together with its auxiliaries, supplies office products and services. The company’s North American Retail division sells an assortment of merchandise, counting office supplies, technology products and solutions, business machines and related supplies, facilities products, and office furniture under various brands through its chain of office supply stores.
Finally, Tsakos Energy Navigation Ltd. (NYSE:TNP), remained flat at $7.55.
Tsakos Energy Navigation Limited, declared the charter renewal of a handysize product carrier to a major state oil company for a period of twenty-four months. This charter, commencing in September 2015, is at a 20.0% premium to the previous rate and is predictable to generate about $13.0 million in total gross revenues. As a result, this latest fixture together with the five charters declared last month, for a suezmax crude tanker and four MR product carriers, improvements the total minimum charter revenues of the fleet under secured employment to over $750.0 million.
TEN’s solid financial position, supported by a blend of flexible and fixed employment contracts and strong banking relationships, has allowed the Company to invest in attractive assets as recently evidenced by the acquisition of two modern spot trading suezmax tankers and two VLCCs under construction in addition to to repurchase some of its bank debt obligations at an attractive discount. In addition, capitalizing on TEN’s solid balance sheet and the positive dynamics of the tanker markets, administration is committed to enhance shareholders value through the reevaluation of its dividend distributions.
Tsakos Energy Navigation Limited provides international seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services to national, major, and other independent oil companies and refiners under long, medium, and short-term charters.
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