On Monday, Shares of Fortune Brands Home & Security, Inc. (NYSE:FBHS), dropped -2.44% to $45.62.
Fortune Brands Home & Security, declared that effective June 1, 2015, Nicholas Fink will join the Company as the senior vice president of global growth and development.
Fink brings more than 16 years of international and consumer brand experience with an expertise in strategy, mergers and acquisitions (M&A) and law. Fink comes to Fortune Brands from Beam Suntory, Inc. where he was the president of Asia Pacific and South America, leading eight operating units in 45 markets throughout the regions counting Brazil, India, China and Australia. Preceding to that he was chief strategy officer, senior vice president and vice president of strategy and corporate development for Beam, Inc. He also served as the managing director of Beam Global Canada and he led the Courvoisier brand. Fink first joined Beam Global Spirits & Wine as its associate general counsel in 2006. He began his legal career at Bell, Boyd and Lloyd in Chicago where he was a partner in the corporate practice group.
In this newly created role, Fink will partner with the senior team to identify, assess and execute opportunities to grow the business around the world in current segments, adjacencies, new segments and new geographies. He will also lead planned planning.
Fortune Brands Home & Security, Inc. provides home and security products for use in residential home repair, remodeling, new construction, security applications, and storage. It operates in four segments: Cabinets, Plumbing, Doors, and Security.
Shares of CH Robinson Worldwide Inc. (NASDAQ:CHRW), declined -2.42% to $68.94, during its last trading session.
C.H. Robinson Worldwide, stated financial results for the quarter ended March 31, 2015.
For the first quarter, operating expenses raised 14.3 percent to $343.2 million in 2015 from $300.3 million in 2014. Operating expenses as a percentage of net revenues reduced to 65.4 percent in the first quarter of 2015 from 65.7 percent in the first quarter of 2014.
For the first quarter, personnel expenses raised 15.8 percent to $255.1 million in 2015 from $220.3 million in 2014. This was primarily due to raised expenses related to incentive plans that are designed to keep expenses variable with changes in net revenues and profitability. Personnel expenses also raised due to additional headcount related to our acquisition of Freightquote. For the first quarter, their average headcount grew 7.5 percent contrast to the first quarter of 2014.
For the first quarter, other selling, general, and administrative expenses raised 10.1 percent to $88.0 million in 2015 from $80.0 million in 2014. This enhance was primarily due to the company’s acquisition of Freightquote counting amortization expense of about $1.9 million, and an enhance in claims expenses, partially offset by a decrease in their provision for doubtful accounts.
C.H. Robinson Worldwide, Inc., a third party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. It offers transportation and logistics services, such as truckload comprising time-definite and expedited truck transportation services; less than truckload services.
At the end of Monday’s trade, Shares of United Continental Holdings, Inc. (NYSE:UAL), dwindled -2.41% to $61.98.
United Continental Holdings, declared that it will work with its disaster relief partners the American Red Cross, Americares, Airlink and Operation USA to provide aid to those affected by the earthquake in Nepal. Startning recently, United will provide up to a total of $50,000 to match donations to these partner organizations from United customers and employees. The airline will also provide a one-time mileage bonus to MileagePlus members who donate. United will contribute up to 5 million miles for this initiative.
MileagePlus members who give between $50-99 will receive 250 bonus miles, those who contribute $100-249 will receive 500 bonus miles, and members who donate more than $250 will receive 1,000 bonus miles. Up to 5 million bonus miles will be awarded on a first-come, first-served basis based on contributions made through the airline’s fundraising page through 11:59 PM CDT on May 15, 2015.
United Continental Holdings, Inc., together with its auxiliaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. It transports people and cargo through its mainline operations, which use jet aircraft with at least 118 seats, and its regional operations.
Finally, Gannett Co., Inc. (NYSE:GCI), ended its last trade with -2.41% loss, and closed at $34.87.
Gannett Co., won 72 Regional Edward R. Murrow Awards across Broadcast and U.S. Community Publishing, counting six for overall excellence, the highest award given. Gannett won more awards than any other media organization and the most in its history. The competition is sponsored by the Radio Television Digital News Association (RTDNA) and honors outstanding achievements in electronic journalism.
KING in Seattle, WA, won 10 Regional Edward R. Murrow Awards, more than any other media organization, counting an award for Overall Excellence. Other awards recognized excellence in reporting, feature reporting, sports, newscast, news documentary in addition to several other categories.
Gannett Co., Inc. operates as a media and marketing solutions company. It operates through three segments: Broadcasting, Publishing, and Digital. The Broadcasting segment owns and operates 46 television stations that produce local programming, such as news, sports, and entertainment; and associated online sites.
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