Current Trade News Alert on: Foot Locker, Inc. (NYSE:FL), CF Industries Holdings, Inc. (NYSE:CF), Hilton Worldwide Holdings Inc (NYSE:HLT)

Current Trade News Alert on: Foot Locker, Inc. (NYSE:FL), CF Industries Holdings, Inc. (NYSE:CF), Hilton Worldwide Holdings Inc (NYSE:HLT)

- in Business & Finance
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During Tuesday’s Morning trade, Shares of Foot Locker, Inc. (NYSE:FL), lost -0.52% to $64.72.

World Star Hip Hop, the largest urban entertainment site in the world, has partnered with Hip-Hop group Migos and their fashion label Yung Rich Nation (YRN) to create Worldwide Rich, a limited edition capsule celebrating the lifestyle of a global young entrepreneur.

The collection pulls from World Star Hip Hop’s global appeal and Migos’ YRN plush colors and decadent designs. The six-piece collection comprises one crew neck tee, one long sleeve, one hoodie, two hats, and a pair of joggers. Each piece in the collection has its own unique look comprising of cloud designs, roses, paisley pattern, together with color combinations, which comprise red, white, black, and gold, fusing both brands’ love for the rich life.

“Collaborating with World Star Hip Hop for our first YRN partnership collection was seamless. World Star is the leader in viral entertainment. They have a strong hold on the eyes and ears of the who’s who in, and out of the industry. We couldn’t think of a better partner to connect with to assist spread the word of YRN, not only across the nation, but across the world,” said Radue Watson, Director of Merchandising and Design. “What tops this partnership off is the exclusive distribution with what I believe to be the leaders in the retail industry, Footaction. YRN and Footaction represent the same things. Footaction has a vision for their retail stores like no other, and they are pushing to be above the industry standard.”

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 CF Industries Holdings, Inc. (NYSE:CF), declined -0.78% to $44.65, during its current trading session.

CF Industries Holdings, declared that both companies remain fully committed to pursuing a combination of CF with OCI’s European, North American and global distribution businesses due to its strong industrial logic, noteworthy predictable synergies and value creation potential for shareholders.

The companies are jointly evaluating options to address the impact of the notice by the U.S. Department of the Treasury, issued on November 19, 2015, on the formerly-declared combination. This evaluation comprises exploring alternative structures for the combination, such as using a parent company in The Netherlands rather than one in the United Kingdom, to accommodate the requirements of the Treasury notice. Any agreement with respect to such new structure will require the approval of each company’s board of directors and shareholders.

CF Industries Holdings, Inc. manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company’s principal nitrogen fertilizer products comprise ammonia, granular urea, and urea ammonium nitrate solution.

Finally, Shares of Hilton Worldwide Holdings Inc (NYSE:HLT), lost -1.46%, and is now trading at $23.23.

Hilton Worldwide, declared that The Virginian Lynchburg hotel will join Curio – A Collection by Hilton, a global set of upscale and luxury hotels hand-picked for their distinctive character and personality, appealing to passionate travelers seeking local discovery.

An iconic hotel originally built in 1913, The Virginian Hotel is now undergoing renovations predictable to be accomplished in early 2017. When opened, the hotel will be named The Virginian Lynchburg, Curio Collection by Hilton and will offer 115 high-end guest rooms, a luxurious ballroom and conference center, roof top lounge, artisan café and coffee shop and a restaurant and bar that will offer traditional specialties with a modern twist.

“Curio – A Collection by Hilton is excited to partner with this iconic hotel,” said Bill Fortier, senior vice president, development - Americas, Hilton Worldwide. “With Hilton’s industry and regional expertise, combined with the draw of the newly renovated space and the hotel’s antique charm, The Virginian Lynchburg will certainly be an appealing choice for all types of travelers.”

Hilton Worldwide Holdings Inc., a hospitality company, owns, leases, manages, develops, and franchises hotels, resorts, and timeshare properties worldwide. The company operates hotels under the Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio - A Collection by Hilton, Double Tree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, and Hilton Grand Vacations brands.

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