On Monday, Under Armour Inc (NYSE:UA)’s shares inclined 2.09% to $84.92.
Under Armour Inc (UA) declared that its Board of Directors (the “Board”) unanimously approved the creation of a new class of non-voting common stock, the Class C common stock.
Under Armour anticipates to issue Class C stock through a stock dividend to all existing holders of Under Armour’s Class A and Class B common stock, which will have the same effect as a two-for-one stock split. Each holder of a share of Class A or Class B stock will receive one share of the new Class C stock. Except for voting rights, the Class C stock will have the same rights as the existing Class A stock. Application to the New York Stock Exchange will be made to list the new Class C stock, which will trade under a different ticker symbol than Under Armour’s existing Class A stock. The ticker symbol for the Class C stock and the record date for the stock dividend have not been determined.
Under Armour, Inc., together with its auxiliaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot, cold, and in between the extremes. It offers various footwear products, counting football, baseball, lacrosse, softball and soccer cleats, slides, performance training, running, basketball, and outdoor footwear.
Boeing Co (NYSE:BA)’s shares gained 0.42% to $145.74.
Boeing Co (BA) Chairman and Chief Executive Officer Jim McNerney reports that the board of directors recently declared a regular quarterly dividend of ninety-one ($0.91) cents per share.
The dividend is payable Sept. 4, 2015, to shareholders of record as of Aug. 7, 2015.
The Boeing Company, together with its auxiliaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital.
At the end of Mondays trade, Aramark (NYSE:ARMK)‘s shares surged 0.51% to $31.83.
The National Park Service (NPS) declared it has selected Aramark (ARMK), the award-winning food and hospitality partner for national and state parks and other leading leisure and cultural attractions across the country, as the new concessioner for Yosemite National Park.
Under the 15-year contract, planned to start on March 1, 2016, Aramark will manage Yosemite’s hospitality programs encompassing lodging, food and beverage, retail, recreational and transportation services.
In 2014, Aramark hosted more than 22 million visitors at the 16 national, state and local parks it serves. With recently’s declarement, Aramark now holds nine contracts with the NPS, counting Denali National Park & Preserve and Glacier Bay Park & Preserve, Mesa Verde National Park, Olympic National Park, Glen Canyon National Recreation Area and Lake Mead National Recreation Area.
Aramark also counts some of the country’s premier day parks and cultural attractions among its leisure portfolio partners, counting Gettysburg National Military Park, Historic Philadelphia, Hearst Castle, The Field Museum, Pikes Peak, and the U.S. Mint.
Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients primarily in North America. The company offers managed services, counting dining, catering, food service administration, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy and construction administration, and capital project administration.
Hanesbrands Inc. (NYSE:HBI), ended its Monday’s trading session with 1.04% gain, and closed at $34.12.
Hanesbrands Inc. (HBI) declared that the company has made the Fortune 500 list of America’s largest companies for the first time. Hanes, a leading global marketer of everyday basic innerwear and activewear apparel under world-class brands, is one of just five apparel companies on the Fortune 500.
Hanes ranks No. 490 on the list of largest American public companies by revenue published in the Fortune magazine issue dated June 15, 2015, and accessible on newsstands. Hanes made the list after posting record sales of $5.32 billion in 2014, up 15 percent over the company’s previous record for sales in 2013.
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. It sells bras, panties, shapewears, hosiery, mens underwear, childrens underwear, and socks; and other activewear, such as T-shirts, fleece, sport shirts, performance T-shirts and shorts, sports bras, and thermals, in addition to licensed logo apparel in collegiate bookstores and other channels. The company licenses its Champion name for footwear and sports accessories.
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.
