On Thursday, Invesco Ltd. (NYSE:IVZ)’s shares declined -0.71% to $33.47.
Invesco Mortgage Capital Inc. (IVR) declared that its Board of Directors declared quarterly dividends on shares of its common stock and Series A and Series B preferred stock.
Common Stock Dividend
The Company’s Board of Directors recently declared a cash dividend of $0.40 per share of common stock for the third quarter of 2015. The dividend will be paid on October 27, 2015 to stockholders of record on September 28, 2015, with an ex-dividend date of September 24, 2015.
Series A Preferred Stock Dividend
The Board of Directors declared a quarterly cash dividend on its 7.75% Series A Preferred Stock of $0.4844 per share. The dividend will be paid on October 26, 2015 to stockholders of record on October 1, 2015.
Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client focused equity, balanced, and fixed income portfolios.
Interpublic Group of Companies Inc (NYSE:IPG)’s shares gained 0.99% to $20.48.
Ranked at the top of our field, Jack Morton is part of the Interpublic Group of Companies, Inc. (IPG). Global brand experience agency Jack Morton Worldwide recently declares a key appointment to its leadership team. Bruce Henderson will join Jack Morton as Chief Creative Officer in January based in the New York office of the agency.
Henderson will leave Geometry Global where he is Chief Creative Officer for North America. Most recently, he guided the merger of the G2, OgilvyAction and JWTAction creative departments, creating Geometry. Preceding to Geometry, Henderson was Group Creative Director at Ogilvy in New York, where he worked on global and US accounts, counting IBM, Siemens, Six Flags, TD Ameritrade and DuPont. Henderson’s work has won numerous awards, counting Clio, Effie, Addy, and Webby Awards.
In addition to charting the agency’s creative vision, Henderson will chair Jack Morton’s global Creative Council, comprised of executive creative directors and senior strategists from across the world, and will oversee the agency’s brand marketing.
The Interpublic Group of Companies, Inc. provides advertising and marketing services. The company operates in two segments, Integrated Agency Netoperates and Constituency Administration Group. It offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines.
At the end of Thursday’s trade, Media General Inc (NYSE:MEG)‘s shares surged 1.43% to $11.36.
Media General (MEG), one of the nation’s largest connected-screen media companies, recently declared that it has reached a comprehensive, long-term agreement with ABC Television Network (“ABC”) to renew its existing affiliations. The agreement synchronizes Media General’s expanded ABC television station portfolio under a common, long-term affiliation agreement that expires in 2021.
Media General has one of the industry’s largest and most diverse digital media businesses that comprises LIN Mobile, Federated Media, HYFN, Dedicated Media and BiteSizeTV, all under the LIN Digital banner. With unmatched local-to-national reach and integrated marketing solutions, Media General is a one-stop-shop for agencies and brands that want to effectively and efficiently reach their target audiences across all screens.
Media General, Inc. owns and operates television stations in the United States. It operates 71 network-associated stations, and their associated digital media and mobile platforms, counting 22 CBS stations, 14 NBC stations, 12 ABC stations, 8 FOX stations, 7 MyNetworkTV stations, 7 CW stations, and 1 Telemundo station in 48 markets.
HD Supply Holdings Inc (NASDAQ:HDS), ended its Thursday’s trading session with 0.30% gain, and closed at $33.43.
HD Supply Holdings, Inc. (HDS), one of the largest industrial distributors in North America, recently stated Net sales of $2.0 billion for the second quarter of fiscal 2015 ended August 2, 2015, an enhance of $126 million, or 6.7 percent, as contrast to the second quarter of fiscal 2014. The company believes its sales performance represents growth of about 300 — 400 basis points in excess of its market growth estimate.
On July 15, 2015, the company declared that it had reached a definitive agreement to sell its HD Supply Power Solutions business unit, a leading provider of a diverse product and service offering serving investor-owned utility, public power, construction and industrial markets, to Anixter Inc. The purchase price of $825 million is payable in cash at closing, with predictable cash proceeds to the company of about $800 million, net of transaction costs. The company has now received regulatory approval and the transaction is predictable to close in HD Supply’s third quarter of fiscal 2015. In accordance with Accounting Standards Codification 205-20, Suspended Operations, the results of Power Solutions are classified as suspended operations for all periods presented.
Gross profit raised $54 million, or 8.8 percent, to $665 million for the second quarter of fiscal 2015 contrast to $611 million for the second quarter of fiscal 2014. Gross profit was 33.2 percent of Net sales for the second quarter of fiscal 2015, up about 70 basis points from 32.5 percent of Net sales for the second quarter of fiscal 2014. Despite a challenging environment, the company saw improvement in gross margin as a percentage of Net sales driven by our category administration initiatives and favorable product and services mix.
HD Supply Holdings, Inc. operates as an industrial distributor in North America. The company’s Facilities Maintenance segment offers electrical and lighting items, plumbing, appliances, janitorial supplies, hardware, kitchen and bath cabinets, window coverings, textiles and guest amenities, healthcare maintenance, and water and wastewater treatment products, in addition to heating, ventilating, and air conditioning products.
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