On Monday, Shares of QUALCOMM Incorporated (NASDAQ:QCOM), gained 0.55% to $61.98.
QUALCOMM Incorporated declared the appointment of Sunil Lalvani as vice president and president of Qualcomm India, and the departure of Avneesh Agrawal, senior vice president and president of Qualcomm India and South Asia. Lalvani’s appointment will be effective July 27 and he will report directly to Cristiano Amon, executive vice president and co-president, Qualcomm Technologies, Inc.
Lalvani has more than 20 years of experience in sales, business development, planned planning and business operations across the IT and telecom sectors. He joins Qualcomm from BlackBerry, where he served most recently as managing director of India and SAARC (South Asian Association for Regional Cooperation). In this role, Lalvani was responsible for overseeing and driving BlackBerry’s overall business strategy and growth in India and was focused on driving differentiated solutions for consumers and enterprise customers. Lalvani was also instrumental in leading a strong engagement with Carrier partners and ISV’s in India, to drive uptake of BlackBerry’s services portfolio in the India region.
QUALCOMM Incorporated designs, develops, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, and the United States. The company operates through three segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Planned Initiatives (QSI).
Shares of Hertz Global Holdings, Inc. (NYSE:HTZ), declined -0.88% to $15.79, during its last trading session, hitting its lowest level.
Hertz Global Holdings declared that its annual meeting of shareholders will take place on October 15, 2015. Shareholders of record on August 24, 2015, the record date for the meeting, will be entitled to vote at the meeting.
Hertz Global Holdings, Inc., through its auxiliaries, rents and leases cars and trucks in the United States and internationally. It operates in four segments: U.S. Car Rental, International Car Rental, Worldwide Equipment Rental, and All Other Operations.
Finally, Stanley Black & Decker, Inc. (NYSE:SWK), ended its last trade with -0.44% loss, and closed at $104.68.
Stanley Black & Decker declared that its Board of Directors approved a $0.03 enhance of its quarterly cash dividend to $0.55 per common share. This marks the 48th successive annual dividend enhance for the company. The dividend is payable on Tuesday, September 22, 2015 to shareholders of record as of the close of business on Friday, September 4, 2015.
Stanley Black & Decker’s Chairman and CEO, John F. Lundgren, commented, “A strong and growing dividend remains a cornerstone of our shareholder value proposition. The enhance we declared recently reflects our confidence in the cash generation potential for the company and maintains our compelling dividend payout.”
Stanley Black & Decker, Inc. provides power and hand tools, mechanical access solutions, and electronic security and monitoring systems for various industrial applications. Its Construction & Do-It-Yourself segment provides professional grade corded and cordless electric power tools and equipment, counting drills, impact wrenches and drivers, grinders, saws, routers, and sanders; corded and cordless electric power tools, lawn and garden products, and home products; measuring tools, leveling and layout tools, planes, hammers, demolition tools, knives, saws, and chisels, in addition to tool boxes, sawhorses, and storage units; and pneumatic tools, fasteners, and power tool accessories.
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.