On Monday, Shares of Sprint Corporation (NYSE:S), lost -0.89% to $3.34.
Sprint Corporation declared senior leadership changes to support the next phase of the company’s transformation.
Tarek Robbiati, 50, is named Chief Financial Officer. Robbiati most recently was Managing Director and Chief Executive Officer at FlexiGroup Ltd., an Australian consumer finance company specializing in leasing.
Formerly he held senior executive positions, counting group managing director and deputy chief financial officer of Telstra Corp., Australia’s leading telecommunications company, chief executive officer at CSL Limited, the number one mobile operator in Hong Kong and executive vice president and head of corporate finance for Orange Plc. He will be responsible for Sprint’s day-to-day financial operations, counting financial planning, accounting, tax, auditing, treasury and investor relations, in addition to long-term financial strategy and planning. He will report to President and CEO Marcelo Claure when he joins Sprint in late August.
Joseph Euteneuer, chief financial officer, will leave the company following an orderly transition of responsibilities.
Sprint Corporation, through its auxiliaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands.
Shares of Hanesbrands Inc. (NYSE:HBI), declined -6.35% to $29.06, during its last trading session.
Hanesbrands declared that its Board of Directors has declared a regular quarterly cash dividend of $0.10 per share to be paid Sept. 9, 2015, for stockholders of record at the close of business Aug. 18, 2015.
The quarterly dividend is the tenth successive return of cash to stockholders since Hanes initiated its cash dividend program in April 2013. Hanes split its stock 4-for-1 after the March 2015 cash dividend. The $0.10-per-share rate of the planned September cash dividend is equal to the pre-split $0.40-per-share rate.
Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells a range of basic apparels for men, women, and children in the United States. The company operates through four segments: Innerwear, Activewear, Direct to Consumer, and International.
Finally, Yelp Inc. (NYSE:YELP), ended its last trade with -1.82% loss, and closed at $25.92.
Yelp declared financial results for the second quarter ended June 30, 2015.
- Net revenue was $133.9 million in the second quarter of 2015 reflecting 51% growth over the second quarter of 2014.
- Adjusted EBITDA for the second quarter of 2015 was $22.7 million, reflecting a 32% enhance over the second quarter of 2014.
- Cumulative reviews grew 35% year over year to about 83 million.
- Mobile Unique Visitors surpassed the number of Desktop Unique Visitors for the first time, growing 22% year over year to about 83 million on a monthly average basis. App Unique Devices grew 51% year over year to about 18 million on a monthly average basis.
- Local advertising accounts grew 40% year over year to about 97,100.
Yelp Inc. operates a platform that connects people with local businesses in the United States. Its platform covers various local business categories, counting restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others categories.
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