On Friday, McDonald’s Corporation (NYSE:MCD)’s shares inclined 2.23% to $97.37.
To meet consumers’ changing expectations and preferences, McDonald’s ( MCD) declared that it will fully transition to cage-free eggs for its nearly 16,000 restaurants in the U.S. and Canada over the next 10 years.
On an annual basis, McDonald’s USA purchases about two billion eggs and McDonald’s Canada purchases 120 million eggs to serve on its breakfast menus, which comprises popular breakfast sandwiches, such as the Egg McMuffin and Egg White Delight. Since 2011, McDonald’s USA has been purchasing more than 13 million cage-free eggs annually.
“Animal welfare has always been important to us and our customers,” added Gross. “Recently’s declarement is another big milestone building on our work with industry experts and suppliers to improve the treatment of animals.”
Herbruck’s Poultry Ranch, a family-owned and operated farm in Michigan, has worked with McDonald’s for decades to supply nutritious eggs. “Cage-free systems play an important role in our work to keep hens healthy and meet the growing consumer demand for responsibly-sourced food,” said Greg Herbruck, executive vice president of Herbruck’s Poultry Ranch. “We welcome McDonald’s actions to continue these efforts and are happy to join them in sourcing cage-free eggs across their supply chain. We continue embracing new technologies and strategies to ensure our hens are well-cared for.”
McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company’s restaurants offer various food products, soft drinks, coffee, and other beverages. As of December 31, 2014, it operated 36,258 restaurants, counting 29,544 franchised restaurants comprising 20,774 franchised to conventional franchisees, 5,228 licensed to developmental licensees, and 3,542 licensed to foreign associates; and 6,714 company-operated restaurants.
Express Scripts Holding Company (NASDAQ:ESRX)’s shares gained 0.70% to $84.49.
Express Scripts Holding Company (ESRX) declared George Paz will retire as Chief Executive Officer, effective following the company’s annual meeting of stockholders presently planned for May 2016, and current company President Tim Wentworth will take on the role of CEO. Mr. Paz will remain on the Board as non-executive Chairman following his retirement, and Thomas Mac Mahon will continue as Lead Independent Director.
Mr. Wentworth was named President of Express Scripts in February 2014. He has administration responsibility for all aspects of the company’s core business, and presently reports directly to Mr. Paz.
As President, Mr. Wentworth is responsible for all aspects of the company’s core business, counting sales and account administration, information technology, operations, research and new solutions, home delivery and specialty pharmacies, and supply chain administration. Preceding to his appointment as President, Mr. Wentworth served as Senior Vice President and President, Sales and Account Administration, with responsibility for Express Scripts’ core sales and account administration teams, counting employer groups, health plans, and new sales.
Express Scripts Holding Company operates as a pharmacy benefit administration (PBM) company in the United States and Canada. The company operates through two segments, PBM and Other Business Operations. The company’s PBM segment’s services comprise clinical solutions to enhance health outcomes, such as adherence, case coordination, and personalized medicine; specialized pharmacy care; home delivery pharmacy; specialty pharmacy, counting the distribution of fertility pharmaceuticals that require special handling or packaging; and retail network pharmacy administration. It also provides benefit design consultation; drug utilization review; drug formulary administration; an array of Medicare, Medicaid, and health insurance marketplace; administration of a group purchasing organization; and consumer health and drug information services.
At the end of Friday’s trade, Noble Energy, Inc. (NYSE:NBL)‘s shares surged 1.43% to $31.19.
Noble Energy, Inc.(NYSE: NBL) offered new third quarter 2015 sales volume guidance, with the midpoint of the Company’s new expectation representing a 10 thousand barrel of oil equivalent per day (MBoe/d) enhance over the midpoint of its preceding estimate. Following strong volume performance in July and August, the Company has raised its anticipated third quarter 2015 sales volume range to between 360 and 370 MBoe/d. The enhance was driven primarily by improved well performance and infrastructure expansion in the DJ Basin. In addition, strong production is resulting from the Company’s assets in Texas (Eagle Ford and Delaware), Marcellus Shale, Israel, and Equatorial Guinea. Natural gas sales in Israel set a record in August as the Company’s Tamar asset averaged more than one billion cubic feet of natural gas per day, gross, for the month.
The third-party Lucerne-2 plant has been tested to a nameplate capacity of 200 million cubic feet of natural gas per day (MMcf/d). Addition of the Lucerne-2 plant has expanded total system natural gas processing capacity to 840 MMcf/d, resulting in line pressures being reduced by between 50 and 100 psi in various parts of Greater Wattenberg while also providing additional capacity for future growth. Noble Energy’s net DJ Basin production has averaged about 115 MBoe/d through the first two months of the third quarter of 2015.
Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, and production of crude oil, natural gas, and natural gas liquids worldwide. Its principal projects are located in onshore DJ Basin and Marcellus Shale, the United States; the deepwater Gulf of Mexico; offshore West Africa; and offshore Eastern Mediterranean. As of December 31, 2014, the company had about 1,404 million barrels oil equivalent of total proved reserves. Noble Energy, Inc. was founded in 1932 and is headquartered in Houston, Texas.
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