On Friday, Shares of ConAgra Foods Inc (NYSE:CAG), lost -0.75% to $43.67.
ConAgra Foods, and JANA, declared a contract in which ConAgra Foods will appoint Bradley A. Alford and Timothy R. McLevish to ConAgra Foods’ Board of Directors, effective no later than July 22, 2015. With the addition of Messrs. Alford and McLevish, the ConAgra Foods Board will enhance from 12 to 14 members.
“We are happy to welcome Brad and Tim to the ConAgra Foods Board,” said Steven Goldstone, chairman, ConAgra Foods. “Both are seasoned, accomplished veterans of our industry, and we look forward to benefitting from their expertise as we uphold our ongoing commitment to deliver value for all shareholders.”
ConAgra Foods, Inc. operates as a food company primarily in North America. The company operates through three segments: Consumer Foods, Commercial Foods, and Private Brands.
Shares of Hawaiian Holdings, Inc. (NASDAQ:HA), declined -3.57% to $22.42, during its last trading session.
Hawaiian Holdings, declared plans to acquire three ATR 72 turboprop aircraft in an all-cargo configuration to expand its interisland shipping services. The new operation will launch in the first half of 2016, starting with flights between Honolulu International Airport (HNL) and Kona International Airport (KOA), Kahului Airport (OGG), Līhuʻe Airport (LIH) and Hilo International Airport (ITO), with well-timed connections from Hawaiian Airlines’ mainland and international network.
The ATR 72 fleet can carry up to 18,000 pounds of cargo and will be able to handle five 88-by-108-inch aircraft pallets or up to seven LD3 containers, skidded cargo and oversized shipments. Express services for smaller shipments will also be accessible on its 160 daily B717 flights throughout the day.
Hawaiian Holdings, Inc., through its partner, Hawaiian Airlines, Inc., engages in the planned air transportation of passengers and cargo. It offers daily services on North America routes between the state of Hawaii and Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Phoenix, Arizona; Portland, Oregon; and Seattle, Washington, in addition to daily services on its neighbor island routes among the four major islands of the state of Hawaii.
At the end of Friday’s trade, Shares of CIT Group Inc. (NYSE:CIT), lost -1.45% to $47.04.
CIT Group, declared that it has received approval from the Federal Reserve Board, the Office of the Comptroller of the Currency (OCC), and all required state regulators to acquire OneWest Bank and its parent company IMB Holdco LLC. The transaction is predictable to close on August 3, 2015, subject to the satisfaction of remaining closing conditions.
CIT and IMB Holdco have agreed to extend the date after which either party may elect to terminate their Agreement and Plan of Merger, dated July 21, 2014 (the “Merger Agreement”), following an amendment to the Merger Agreement. Additional details regarding the amendment will be offered in a Form 8-K filed by CIT.
CIT Group Inc. operates as the holding company for CIT bank that provides commercial financing and leasing products; and a suite of savings options in the United States. Its Transportation & International Finance segment offers leasing and financing solutions to operators and suppliers in the aviation and railcar industries.
Finally, C&J Energy Services, Ltd. (NYSE:CJES), ended its last trade with -6.14% loss, and closed at $9.63.
C&J Energy Services Ltd., declared that it will issue its second quarter 2015 financial and operating results on Wednesday, August 5, 2015, after the market closes. In conjunction with this release, C&J Energy Services has planned a conference call for 10:00 a.m. E.T. (9:00 a.m. C.T.) on Thursday, August 6, 2015.
C&J Energy Services, Ltd. provides completion and production services for oil and gas industry primarily in North America. The company provides a range of well services involved in the completion, life-of-well maintenance, and plugging and abandonment of a well to oil and natural gas drilling and production companies.
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