On Tuesday, Shares of Eli Lilly and Co (NYSE:LLY), gained 0.02% to $86.40.
Eli Lilly and Company, declared a 2 percent improvement in its quarterly dividend. The dividend for the first quarter of 2016 will be $0.51 per share on outstanding common stock. This raises the annual indicated rate to $2.04 per share.
The dividend is payable March 10, 2016 to shareholders of record as of the close of business on February 12, 2016.
Eli Lilly and Company discovers, develops, manufactures, and sells pharmaceutical products worldwide. It operates through two segments, Human Pharmaceutical Products and Animal Health Products.
Shares of Home Away, Inc. (NASDAQ:AWAY), inclined 0.28% to $35.83, during its last trading session.
Monaker Group, a technology driven travel and digital marketing company declared that it has attained an Internet-based, real-time specialty booking engine developed to consolidate unused timeshare, fractional, and other specialty lodgings rooms for rental from CJ Software (“CJ”).
Monaker will incorporate the CJ booking platform into its Nexttrip.com website thus expanding Monaker’s vacation rental inventory and allowing consumers to search and book from the hundreds of thousands of unused timeshare units. This unused inventory is global with a large portion in 4 and 5 star hotels and resorts. Consumers will be able to book these fabulous properties in real-time at noteworthy discounts and without fear of any timeshare Member solicitation. Additionally, the platform will provide timeshare Property Managers/Owners a complete administration tool. This allows them to add and edit their own properties, monitor inventory bookings and rent properties that would have formerly been empty.
Monaker Group Chairman and Chief Executive Officer, Mr. Bill Kerby, commented, “The acquisition of the CJ Booking Engine, and all IP, is planned and very complementary to our recently attained Always On Vacation (“AOV”) platform (see the Company’s news release dated October 30, 2015). The Alternative Lodging space is getting great traction and growing rapidly, as evidenced by peer companies Airbnb and Home Away/V.R.O.B. (NYSE: AWAY), and Monaker is now well positioned for rapid growth in Alternative Lodging with access to improved inventory in the vacation rental space in 2016.”
Home Away, Inc., together with its auxiliaries, operates an online vacation rental property marketplace that enables property owners and managers to market properties for rental to vacation travelers.
Finally, Ericsson (ADR) (NASDAQ:ERIC), ended its last trade with -3.22% loss, and closed at $9.32.
In the fifth edition of its annual trend report, Ericsson (ERIC) Consumer Lab presents the 10 hottest consumer trends for 2016 and beyond.
This year’s report shows consumers believe artificial intelligence (AI) will soon enable interaction with objects without the need for a smart phone screen. In fact, half of all smart phone users expect smart phones to become things of the past within the next five years.
The report also shows that as the adoption of networked technologies moves faster than ever, mass-market use becomes the norm quicker. As a result, the time period when early adopters influence others is now shorter than before.
Ericsson provides communications technology and services worldwide. The company’s Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission networks, core networks, and cloud.
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