On Monday, Shares of LinkedIn Corporation (NYSE:LNKD), gained 1.88% to $258.52.
LinkedIn Corporation, declared that it will host a conference call to talk about its first quarter 2015 business results and outlook on Thursday, April 30th, 2015, at 2:00 p.m. Pacific Time, following the release of the Company’s business results. Jeff Weiner, CEO, and Steve Sordello, CFO, will host the call.
LinkedIn Corporation, together with its auxiliaries, operates an online professional network worldwide. The company, through its proprietary platform, allows members to create, manage, and share their professional identity online; build and engage with their professional networks; access shared knowledge and insights; and find business opportunities.
Shares of MGM Resorts International (NYSE:MGM), gained 1.87% to $21.83, during its last trading session.
MGM Resorts International, declared that it has published an investor presentation in connection with its 2015 annual meeting of shareholders, to be held on May 28, 2015. The presentation is accessible on the Company’s website www.mgmresorts.com under the Investors section and is being filed recently with the Securities and Exchange Commission.
The Company also declared that Evercore Group L.L.C. has been added as an independent advisor to its team of existing advisors to assist MGM and its Board of Directors in its continuous process of actively evaluating all planned initiatives for the Company, counting a potential REIT conversion.
In its investor presentation, MGM outlines the Company’s strong track record and details the reasons why it believes Land & Buildings’ proxy fight is unwarranted, ill-conceived and not in the best interests of shareholders. The presentation focuses on the following:
- MGM has delivered above industry average returns and is well positioned for continued growth
- MGM has a history of value-generating planned initiatives and delivering on commitments to drive strong performance
- The MGM Board has the right balance of independence, experience and necessary skills to oversee ongoing execution of the Company’s strategy and continue to drive sustainable value
- The Directors targeted by Land & Buildings all bring vital and unique skills that greatly contribute to the oversight of our complex and diverse global operations
- The projected Board changes reflect a lack of understanding of the importance of diversity that has strengthened the Company and added value for shareholders
- Land & Buildings’ nominees are tied to a proposal that has a narrow, short-term focus and makes numerous financial, structural and tax assumptions that appear unsupported or are factually incorrect, which calls into question their credibility
- As a part of its regular and ongoing Board planned review process, MGM has and will continue to actively evaluate planned options for the Company that drive sustainable value for shareholders.
MGM Resorts International, through its auxiliaries, owns and/or operates casino resorts. It operates through two segments, Wholly Owned Domestic Resorts and MGM China. The company’s casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities.
At the end of Monday’s trade, Shares of Southwest Airlines Co. (NYSE:LUV), gained 1.87% to $42.57.
Southwest Airlines, will host a live webcast of its first quarter 2015 financial results on Thursday, April 23, 2015 at 12:30 PM Eastern Time. Gary Kelly, Chairman of the Board, President and Chief Executive Officer, and Tammy Romo, Senior Vice President Finance and Chief Financial Officer will present the webcast.
Southwest Airlines Co. operates passenger airlines that provide planned air transportation services in the United States and near-international markets. As of December 31, 2014, it operated 665 Boeing 737 aircraft; and had 12 Boeing 717 aircraft.
Finally, Union Pacific Corporation (NYSE:UNP), ended its last trade with 1.86% gain, and closed at $110.44.
Union Pacific Corporation, invites interested parties to listen to first quarter 2015 earnings release presentation that will be broadcast live over the Internet and via teleconference on Thursday, April 23, 2015, at 8:45 a.m. Eastern Time.
Union Pacific Corporation, through its partner, Union Pacific Railroad Company, operates railroads in the United States. The company offers freight transportation services for agricultural products, counting grains, commodities produced from grains, and food and beverage products; automotive products, such as finished vehicles and automotive parts.
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