On Thursday, Quiksilver, Inc. (NYSE:ZQK)’s shares declined -0.60% to $0.609.
Quiksilver, Inc. (ZQK) declared that on July 10, 2015, the Company was notified by the New York Stock Exchange (“NYSE”) that the Company’s common stock is not in compliance with the NYSE’s continued listing standard that requires a minimum average closing price of $1.00 per share over a period of 30 successive trading days.
Under the NYSE’s rules, the Company has a period of six months from the date of the NYSE notice to bring its 30-day average share price back above $1.00. However, if the Company determines to remedy the non-compliance by taking action that will require shareholder approval, such as a reverse stock split, the Company must obtain shareholder approval of such action by no later than its next annual meeting, and implement such action promptly thereafter. During this period, the Company’s common stock will continue to be traded on the NYSE, subject to the Company’s compliance with other NYSE listing requirements. The Company will notify the NYSE of its intent to cure this noncompliance.
Quiksilver, Inc. designs, develops, and distributes branded apparel, footwear, accessories, and related products primarily for men, women, and children. The company provides its products for various activities, counting casual and outdoor lifestyle associated with surfing, skateboarding, snowboarding, BMX and motocross, rally car, and other activities.
DealerTrack Technologies Inc (NASDAQ:TRAK)’s shares gained 0.34% to $62.33.
Dealertrack Technologies ( TRAK) received two Bronze Stevie® Awards at the recent 13th Annual American Business Awards in Chicago. Dealertrack received an award for its Digital Retailing Solution in the “Innovation of the Year - Business Products Industries” category, and the company’s Dealer.com Seamless Websites were honored in the “Automotive & Transport Equipment & Transportation” websites category.
The American Business Awards are the nation’s premier business awards program recognizing a broad spectrum of American business professionals and organizations – from non-profits, emerging start-ups, major public companies and government agencies to corner-office executives, corporate communicators, support staff and customer service teams. A second Stevie Awards ceremony will be held in San Francisco on September 11, 2015, honoring additional winners in the new product and technology-related categories. Dealertrack’s eMenu for iPad is a finalist in the “Integrated Mobile Experience” category, which is planned to be declared at the San Francisco ceremony.
Dealertrack Technologies, Inc. provides Web-based software solutions and services to the automotive retail industry in the United States and Canada. It offers digital marketing solutions, which provide Websites, digital advertising, and other digital marketing offerings to assist dealers in achieving higher lead conversion rates that assist to optimize various shoppers to their Websites; dealer administration solutions, which provide dealer administration system featuring tools and real-time data access; and F&I solutions that allow dealers to streamline the in-store and online sales, in addition to financing processes.
At the end of Thursday’s trade, KapStone Paper and Packaging Corp. (NYSE:KS)‘s shares surged 4.45% to $24.39.
KapStone Paper and Packaging Corporation (KS) will release its 2015 second quarter earnings on Wednesday, July 29, after the market closes.
The Company will host a conference call on Thursday, July 30, at 11:00 a.m. ET (10:00 a.m. CT) to review the results for the quarter.
KapStone Paper and Packaging Corporation manufactures and sells containerboards, corrugated products, and specialty paper products in the United States and internationally. The company offers containerboards comprising of linerboard and corrugated medium to converters in the corrugated packaging industry, and to other converters for various uses, counting laminated tier sheets and wrapping materials.
Costco Wholesale Corporation (NASDAQ:COST), ended its Thursday’s trading session with 0.49% gain, and closed at $144.33.
Costco Wholesale Corporation ( COST) stated net sales of $11.01 billion for the month of June, the five weeks ended July 5, 2015, an enhance of one percent from $10.88 billion during the similar period last year. Both years’ five-week periods comprised of 34 selling days in the U.S. and Canada, reflecting the observance of Independence and Canada Days. For the forty-four weeks ended July 5, 2015, the Company stated net sales of $96.32 billion, an enhance of four percent from $92.88 billion during the similar period last year.
Costco Wholesale Corporation, together with its auxiliaries, operates membership warehouses. The company offers branded and private-label products in a range of merchandise categories. It provides dry and institutionally packaged foods; snack foods, candy, tobacco, alcoholic and nonalcoholic beverages, and cleaning and institutional supplies; appliances, electronics, health and beauty aids, hardware, garden and patio, and office supplies; meat, bakery, deli, and produce; and apparel, small appliances, and home furnishings.
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