During Friday’s Morning trade, Shares of Coca-Cola Enterprises Inc (NYSE:CCE), lost -1.02% to $48.51.
Coca-Cola Enterprises, declared the filing with the U.S. Securities and Exchange Commission of a registration statement on Form F-4, which contains a preliminary proxy statement/prospectus regarding the projected combination of the businesses of CCE, Coca-Cola Iberian Partners, S.A. (CCIP), and Coca-Cola Erfrischungsgetränke AG (CCEAG), a wholly owned partner of The Coca-Cola Company (KO).
The registration statement containing the preliminary proxy statement/prospectus was filed by Coca-Cola European Partners Limited, the new holding company under which the businesses will combine, and is available through the SEC’s website at www.sec.gov under the company name “Coca-Cola European Partners Ltd.” The registration statement has not been declared effective by the SEC and the information in the preliminary proxy statement/prospectus is not complete and may be changed.
CCE has posted on its website, www.cokecce.com, a presentation to update investors on progress toward closing the transaction. Subject to approval by Coca-Cola Enterprises’ shareholders and satisfaction of other closing conditions, the transaction is predictable to close by the end of the second quarter of 2016.
Coca-Cola Enterprises, Inc. produces, distributes, and markets non-alcoholic beverages in Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, and Sweden. The company offers nonalcoholic ready-to-drink beverages with carbonation, counting energy drinks, waters, and flavored waters; and nonalcoholic beverages without carbonation, such as waters and flavored waters, juice and juice drinks, teas, coffees, and sports drinks.
Shares of Bank of New York Mellon Corp (NYSE:BK), declined -0.95% to $40.85, during its current trading session.
The Bank of New York Mellon Corporation has raised its prime rate from 3.25 percent to 3.50 percent, effective December 17, 2015.
BNY Mellon is a global investments company dedicated to assisting its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment administration and investment services in 35 countries and more than 100 markets. As of September 30, 2015, BNY Mellon had $28.5 trillion in assets under custody and/or administration, and $1.6 trillion in assets under administration. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments.
The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. It operates through two segments, Investment Administration and Investment Services.
Finally, Twenty-First Century Fox Inc (NASDAQ:FOX), lost -1.28%, and is now trading at $27.87.
FOX Business Network (FBN) is closing out 2015 as the fastest growing television network in all of cable, according to Nielsen Media Research. Scoring its highest rated year ever, FBN achieved record ratings across all key day parts; Business Day, Prime and Total Day, for both total viewers and in the coveted advertiser demo of persons aged 25-54. In addition, every single program practiced substantial gains for the year.
The network’s strong performance was led by FBN’s first ever presidential debate, which took place on November 10th and scored a record breaking 13.5 million total viewers and 3.7 million in the demo. The debate assisted FBN finish as the number four rated network in all of cable primetime for the week, a first top five ranking for the channel. Additionally, FBN’s debate assisted bolster the network’s Business Day ratings by 27 percent in total viewers and 33 percent in the demo in the following weeks. The debate, together with FBN’s original primetime series Strange Inheritance, assisted the network see a 125 percent improvement in total viewers and 178 percent improvement in the demo. The triple digit growth in primetime was the largest improvement in all of cable for the year. Hosted by Jamie Colby, the second season of Strange Inheritance (9PM/ET) is up 30 percent across the board and averaging 147,000 total viewers and 28,000 in the demo.
FOX News and FOX Business Network Chairman & CEO Roger Ailes commented on the year-end ratings, stating, “Once we hit the 80 million distribution mark this year, I knew viewers would start to see what I’ve known all along — we have the best anchors, hosts and reporters in financial news who out-perform CNBC every day and deliver the most compelling business programming on television.”
Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. It operates through Cable Network Programming; Television; Filmed Entertainment; and Other, Corporate and Eliminations segments.
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