Search
Wednesday 24 June 2015
  • :
  • :

Pre-Market News Alert on: Mead Johnson Nutrition CO (NYSE:MJN), Iconix Brand Group Inc (NASDAQ:ICON), Darling Ingredients Inc (NYSE:DAR), CDK Global Inc (NASDAQ:CDK)

On Friday, Shares of Mead Johnson Nutrition CO (NYSE:MJN), lost -0.72% to $91.20.

Mead Johnson Nutrition Company, declared that its board of directors has confirmed a regular quarterly dividend of $0.4125 per share for the quarter ending June 30, 2015.

The dividend will be paid on July 2, 2015, to shareholders of record at close of business on June 22, 2015.

Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children’s nutrition, and other nutritional products. It offers routine infant formula products as a breast milk substitute for healthy infants for the use as the infant’s source of nutrition, in addition to a supplement to breastfeeding under the Enfamil Premium, Enfapro Premium, Enfamil A+, and Enfalac A+ names; and solutions products to address common feeding tolerance problems, counting spit-up, fussiness, gas, and lactose intolerance under the Enfamil Gentlease and Enfamil A.R names.

Shares of Iconix Brand Group Inc (NASDAQ:ICON), inclined 1.70% to $26.97, during its last trading session.

Iconix Brand Group, declared the appointment of David K. Jones as Executive Vice President and Chief Financial Officer. He will report directly to Chief Executive Officer, Neil Cole, and will lead all of the finance and technology functions for the Company.

Mr. Jones joins Iconix after twelve years with Penske Automotive Group (PAG), an international transportation services company. During his tenure, Mr. Jones served as Penske’s Executive Vice President and Chief Financial Officer, in addition to Chief Financial Officer of European Operations. Mr. Jones led the international accounting and finance functions, and was responsible for strengthening the company’s balance sheet through a series of large transactions. He was involved in all aspects of the business counting operations, financial reporting, budgeting, information technology, banking and treasury. Preceding to Penske Automotive, Mr. Jones spent 11 years at Andersen LLP and is a Certified Public Accountant.

Iconix Brand Group, Inc., a brand administration company, owns, licenses, and markets a portfolio of consumer brands across women’s, men’s, entertainment, and home primarily in the United States and internationally.

At the end of Friday’s trade, Shares of Darling Ingredients Inc (NYSE:DAR), gained 0.06% to $15.50.

Darling Ingredients Inc, declared that administration will present at the Oppenheimer 15th Annual Global Consumer Conference to be held at the Four Seasons Hotel in Boston on June 23-24, 2015. Randall C. Stuewe, Darling’s Chief Executive Officer, is planned to present June 24th, at 1:05 p.m. EDT, and will hold one-on-one meetings throughout the day.

Darling Ingredients Inc. develops, produces, and sells natural ingredients from edible and inedible bio-nutrients worldwide. It operates in three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients.

Finally, CDK Global Inc (NASDAQ:CDK), ended its last trade with -0.09% loss, and close at $54.62.

CDK Global Inc, declared that Brian P. MacDonald, a seasoned executive with extensive experience in the auto industry and in leading corporate transformations, has been designated to CDK’s Board of Directors, effective right away.

Mr. MacDonald served as President and Chief Executive Officer of Hertz Rental Equipment Corporation, and, from September 2014 to November 2014, as interim CEO of Hertz Corporation. He formerly served as President and CEO of ETP Holdco Corp., an entity formed following Energy Transfer Partners’ $5.3 billion acquisition of Sunoco, Inc. in 2012. Preceding to that acquisition, Mr. MacDonald served as Chairman, President and CEO of Sunoco. He joined the company in 2009 as Senior Vice President and Chief Financial Officer. During his tenure at Sunoco, the company undertook a substantial restructuring to strengthen and transform the organization and better position it for growth. Sunoco exited unprofitable operations, significantly reduced costs, improved efficiencies, and refocused on established high-return businesses. Mr. MacDonald has also held executive administration roles at Dell, General Motors Corporation, and Isuzu Motors Limited. He presently serves on the board of directors of Computer Sciences Corporation (CSC) and formerly served as a director of Ally Financial, Inc. (ALLY).

CDK Global, Inc. provides integrated information technology and digital marketing/advertising solutions to the automotive retail industry. Its solutions automate and integrate critical workflow processes from pre-sale targeted advertising and marketing campaigns to the sale, financing, insurance, parts supply, and repair and maintenance of vehicles.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




Leave a Reply

Your email address will not be published. Required fields are marked *