During Thursday’s Current trade, Shares of Qiwi PLC (NASDAQ:QIWI), gain 1.13% to $21.42.
QIWI plc, (QIWI) disclosed that it had signed a partnership agreement with DHgate.com, a leading e-commerce marketplace focused on cross-border trade of Chinese goods, and SPSR Express, Russia’s leading express delivery company.
On August 31, 2015 in Beijing, representatives of QIWI Group, SPSR Express and DHgate.com signed a memorandum of cooperation. Partnership with QIWI allows DHgate.com to offer Russian customers convenient online and offline payment services using Visa QIWI Wallet and payment kiosks, while cooperation between DHgate.com and SPSR Express will reduce delivery times for Russian buyers.
Moreover, DHgate.com in cooperation with QIWI and SPSR Express soon will offer Russian customers a unique “Payment on delivery” option as one of the payment methods.
Delivery of goods purchased on DHgate.com to customers in Russia will be processed either by SPSR Express couriers or through Pickpoint parcel terminals, with an option to pay at the time of the order pick up (cash on delivery).
Qiwi plc, together with its auxiliaries, operates electronic online payment systems primarily in Russia, Kazakhstan, Moldova, Belarus, Romania, the United States, and the United Arab Emirates. It provides payment services through operating about 142,000 kiosks and 38,000 terminals in its payment processing platform.
Shares of Nordic American Tanker Ltd (NYSE:NAT), inclined 4.60% to $14.79, during its current trading session.
A company owned by the NAT chairman & CEO, Herbjorn Hansson and his son, Alexander, yesterday bought $1.4 million worth of stock in NAT (100,000 shares), adding to the position as one of the largest shareholders of NAT.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Matters talk about in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements comprise statements concerning plans, objectives, aims, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.
Important factors that, in our view, could cause actual results to differ materially from those talk abouted in the forward-looking statements comprise the strength of world economies and currencies, general market conditions, counting fluctuations in charter rates and vessel values, changes in demand in the tanker market, as a result of changes in OPEC`s petroleum production levels and world wide oil consumption and storage, changes in our operating expenses, counting bunker prices, drydocking and insurance costs, the market for our vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other important factors described from time to time in the reports filed by the Company with the Securities and Exchange Commission, counting the prospectus and related prospectus supplement, our Annual Report on Form 20-F, and our reports on Form 6-K.
Nordic American Tankers Limited, a tanker company, engages in acquiring and chartering double-hull tankers. As of December 31, 2014, it owned 24 Suezmax crude oil tankers, counting two new buildings under construction. The company was founded in 1995 and is based in Hamilton, Bermuda.
G-III Apparel Group, Ltd. (NASDAQ:GIII), during its Thursday’s current trading session gained 3.15% to $70.00.
G-III Apparel Group, Ltd. ( GIII) declared operating results for the second quarter of fiscal 2016.
For the quarter ended July 31, 2015, G-III stated that net sales, driven by robust wholesale and retail performance, raised 12% to $474 million from $424 million in the year-ago period.
The Company’s net income for the second quarter raised to $12.5 million from $6.2 million in the preceding year period. The Company stated an enhance in net income per diluted share to $0.27 from $0.14 in the preceding year period. All share and per share data in this release have been retroactively adjusted to reflect the two-for-one stock split effective May 1, 2015.
G-III Apparel Group, Ltd. designs, manufactures, and markets woman’s and men’s apparel. It operates through three segments: Licensed Products, Non-Licensed Products, and Retail Operations. The company’s products comprise outerwear, dresses, sportswear, swimwear, women’s suits, and woman’s performance wear. It also markets footwear, luggage and woman’s handbags, small leather goods, and cold weather accessories.
Finally, VF Corp (NYSE:VFC), gained 1.36%, to $72.22.
VF Corporation (VFC) stated financial results for its second quarter ended July 4, 2015. All per share amounts are presented on a diluted basis. This release refers to “stated” and “currency neutral” (a non-GAAP financial measure) amounts, terms that are described under the “Currency Neutral – Not taking into account the Impact of Foreign Currency” paragraph. Unless otherwise noted, currency neutral and stated amounts are the same.
Second Quarter 2015 Highlights
- Revenuerose 10 percent on a currency neutral basis driven by growth in our Outdoor & Action Sports and Jeanswear coalitions, and our international and direct-to-consumer businesses. On a stated basis, revenue raised 5 percent over the 2014 quarter.
- Gross margin was 48.3 percent on a stated basis, down 10 basis points contrast with the same quarter last year, but in line with our expectations. Continued benefit from the shift of our revenue mix toward higher margin businesses was more than offset by the impact of foreign currency.
- Operating incomeon a stated basis was up 1 percent to $223 million contrast with the same period in 2014. Operating margin on a stated basis declined 30 basis points to 8.9 percent due to the negative impact from changes in foreign currency rates.
V.F. Corporation designs, manufactures, markets, and distributes branded lifestyle apparel, footwear, and accessories in the United States and Europe. The company offers outdoor apparel, footwear and equipment, youth culture/action sports-inspired footwear, handbags, luggage, backpacks, totes, accessories, merino wool socks, women’s activewear, and travel accessories under the The North Face, Vans, Timberland, Kipling, Napapijri, Jansport, Reef, Smartwool, Eastpak, lucy, and Eagle Creek brands.
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