Active Trending Stocks: Foot Locker, Inc. (NYSE:FL), Fitbit Inc (NYSE:FIT), Schlumberger Limited (NYSE:SLB)

Active Trending Stocks: Foot Locker, Inc. (NYSE:FL), Fitbit Inc (NYSE:FIT), Schlumberger Limited (NYSE:SLB)

- in Business & Finance
0

On Tuesday, Shares of Foot Locker, Inc. (NYSE:FL), lost -2.40% to $65.61.

Foot Locker, Inc. (FL), the New York-based specialty athletic retailer, plans to report financial results for its third quarter ended October 31, 2015 before the U.S. markets open on Friday, November 20, 2015. A conference call is planned for the same day at 9:00 a.m. EST, during which the Company will discuss these results. The Company will also comment on the status of its current initiatives and trends in the athletic industry.

Foot Locker, Inc. is a specialty athletic retailer that, as of October 31, 2015, operated 3,432 stores in 23 countries in North America, Europe, Australia, and New Zealand. Through its Foot Locker, Footaction, Lady Foot Locker, Kids Foot Locker, Champs Sports, SIX:02, Runners Point, and Sidestep retail stores, in addition to its direct-to-customer channels, counting Eastbay.com, footlocker.com, and SIX02.com, the Company is a leading provider of athletic footwear and apparel.

Foot Locker, Inc. operates as an athletic shoes and apparel retailer. The company operates in two segments, Athletic Stores and Direct-to-Customers. The Athletic Stores segment retails athletic footwear, apparel, accessories, and equipment under various formats, counting Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction, and SIX:02, in addition to Runners Point, and Sidestep.

Shares of Fitbit Inc (NYSE:FIT), declined -4.30% to $35.85, during its last trading session.

Fitbit, declared that it has commenced a follow-on public offering of its Class A common stock following a registration statement on Form S-1 filed formerly with the U.S. Securities and Exchange Commission (SEC). Fitbit is proposing to sell 7,000,000 shares of Class A common stock and certain selling stockholders are proposing to sell 14,000,000 shares of Class A common stock. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 3,150,000 shares of Class A common stock to cover over-allotments. Fitbit will not receive any proceeds from the sale of the shares by the selling stockholders.

Morgan Stanley, Deutsche Bank Securities, BofA Merrill Lynch, Barclays, and Citigroup will act as active joint book-running managers for the projected offering. SunTrust Robinson Humphrey, Piper Jaffray, RBC Capital Markets, and Stifel will act as passive joint book-running managers.

Fitbit Inc. manufactures and provides wearable fitness-tracking devices worldwide. The company makes both wrist bands and clippable devices that monitor a user’s fitness activity by tracking the calories burned or distance covered. It manufactures and markets products that track people’s health and fitness activities, counting Fitbit Zip, a wireless tracker that allows users to track daily activity statistics, such as steps, distance, calories burned, and active minutes; Fitbit One, a clippable wireless tracker, which tracks stairs climbed and sleep; Fitbit Flex, a wristband-style tracker that tracks steps, distance, calories burned, active minutes, and sleep; and Fitbit Charge, a wireless activity and sleep wristband, wh

Finally, Shares of Schlumberger Limited (NYSE:SLB), ended its last trade with 1.14% gain, and closed at $78.80.

Schlumberger Limited, will hold a conference call on January 22, 2016 to discuss the results for the fourth quarter and full year ending December 31, 2015.

The conference call is planned to start at 8:00 am (US Central time), 9:00 am (US Eastern time), 3:00 pm (Paris time). A press release regarding the Company’s results will be issued on January 21, 2016 after close of market.

Schlumberger Limited supplies technology, integrated project administration, and information solutions to the oil and gas exploration and production industries worldwide. The company operates through Reservoir Characterization Group, Drilling Group, and Production Group segments.

Leave a Reply

Your email address will not be published. Required fields are marked *