On Wednesday, Avon Products, Inc. (NYSE:AVP)’s shares declined -4.38% to $6.01.
Avon Products, Inc. (AVP) declared the launch of Beauty for a Purpose, a new global brand statement focused on the company’s commitment to empowering Avon Representatives and women around the world through beauty and financial independence.
Beauty for a Purpose provides a framework for the company to champion three defining areas: Avon’s beauty products of demonstrable quality and value; Avon’s earning opportunity, which allows millions of women around the world to build self-reliance and a better life for themselves and their families; and the network effect of empowered women empowering others.
The new branding effort will be powered through ongoing multi-channel communications campaigns designed to tell the whole Avon story to consumers and Representatives. The campaigns will be supported through paid media, and will also leverage the company’s digital and print channels as story-telling platforms. Central to the strategy is the launch of a new brand publishing site, BeautyforaPurpose.com, which comprises a digital gallery featuring Avon Representatives around the world who have uploaded their photos to social media using #BeautyforaPurpose.
Avon Products, Inc. manufactures and markets beauty and related products worldwide. It offers beauty products, such as skincare, and personal care products, in addition to fragrances and color cosmetics; and fashion and home products comprising of jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, children’s products, and nutritional products. The company markets its products through direct selling and independent representatives. Avon Products, Inc. was founded in 1886 and is headquartered in New York, New York.
Globalstar, Inc. (NYSEMKT:GSAT)’s shares dropped -2.69% to $1.81.
Globalstar, Inc. (GSAT) the leader in satellite communications and emergency notification technologies, recently declared that Disaster Tech Lab is using Globalstar’s satellite phones and SPOT handheld messengers to improve the efficiency of its humanitarian rescue operations and enhance the safety of its volunteers in disaster zones. Disaster Tech Lab sets up networks and services that enable communications for aid organizations and NGOs in addition to affected communities. These services will now be backed by Globalstar’s instant infrastructure independent of terrestrial coverage, which means even more rapid provisioning of interoperable communications systems.
Disaster Tech Lab’s volunteers in Nepal, setting up communications networks in the aftermath of the recent earthquakes, are already using SPOT Gen3(R) units. The rugged, easy-to-use handheld devices are set up to automatically report the user’s location at regular intervals. The device comprises a ‘check-in’ button to send to Disaster Tech Lab’s headquarters with a prepared message, indicating that all is OK, in addition to an SOS feature in case of emergency. SPOT has initiated over 3,500 life-saving rescues to date and is already relied upon by numerous emergency administration organizations.
Globalstar, Inc. provides mobile voice and data communications services through satellite worldwide. The company offers duplex two-way voice and data products, counting mobile voice and data satellite communications services and equipment for remote business continuity, recreational, emergency response, and other applications; fixed voice and data satellite communications services and equipment in rural villages, ships, industrial and commercial sites, and residential sites; and satellite data modem services comprising asynchronous and packet data services.
At the end of Wednesday’s trade, Seagate Technology PLC (NASDAQ:STX)‘s shares surged -2.97% to $46.40.
Samsung HDD, a division of Seagate Technology PLC (STX), declared 4TB M3 Portable and the P3 Portable external hard drives, which are the first 4TB USB-powered single drive solutions to come in 2.5” cases in the world.
The 4TB Samsung® M3 Portable and the Samsung® P3 Portable drives measure 0.78 inches thin and weigh only 8.3 ounces and operate at USB 3.0 speeds without requiring any external power supplies.
Seagate Technology Public Limited Company designs, manufactures, and sells electronic data storage products in the Asia Pacific, the Americas, and EMEA countries. The company provides hard disk drives, solid state hybrid drives, and solid state drives that are designed for enterprise servers and storage systems in mission critical and nearline applications; for client compute applications comprising desktop and mobile computing; and for client non-compute applications, such as digital video recorders, personal data backup systems, portable external storage systems, and digital media systems.
Rex Energy Corporation (NASDAQ:REXX), ended its Wednesday’s trading session with -11.27% loss, and closed at $3.78.
Rex Energy Corporation (REXX) declared initial production test results from the company’s first two wells in the Moraine East Area, the Renick 2H (Marcellus) and the Renick 3H (Upper Devonian Burkett).
As formerly declared, the company finished completion operations on the four-well Renick pad, comprising of three Marcellus wells and one Upper Devonian Burkett well. The Renick 2H was drilled to a lateral length of about 6,000 feet and accomplished in 40 stages with sand concentrations of 2,300 pounds per foot. The Renick 2H produced at a 24-hour test rate, assuming full ethane recovery, of about 6.6 MMcfe/d, comprising of 3.0 MMcf/d of natural gas, 566 bbls/d of NGLs and 47 bbls/d of condensate. At the time the Renick 2H was shut in, the well was still cleaning up and ongoing to experience an enhance in the production rate. Based on composition analysis, the gas being produced is about 1,309 BTU.
Rex Energy Corporation operates as an independent oil, natural gas liquid, and natural gas company in the Appalachian and Illinois basins in the United States. The company focuses on the Marcellus Shale, Utica Shale, and Burkett Shale drilling and exploration activities in the Appalachian Basin, in addition to on developmental oil drilling and the implementation of improved oil recovery on its properties in the Illinois Basins.
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