On Monday, CBS Corporation (NYSE:CBS)’s shares inclined 0.48% to $58.34.
Showtime Networks Inc. (SNI), a wholly-owned partner of CBS Corporation (CBS).
Matthew C. Blank, who has served as Chairman and Chief Executive Officer of Showtime Networks since 1995, will pass his title and duties as CEO to a key lieutenant on Jan. 1, 2016. Blank will continue on in his role as Chairman of the division after the transition.
David Nevins, the current President of Showtime, will become the President and Chief Executive Officer, Showtime Networks Inc. In his new role, Nevins will be responsible for all aspects of the daily and planned administration of the division. In addition to his current role, which comprises all creative development and acquisition of premium programming, marketing, and other duties as noted below, his new role will add responsibility for all of the other business functions at Showtime.
In connection with his appointment to CEO, Nevins’ term of employment is extended through calendar year 2018.
CBS Corporation operates as a mass media company worldwide. It operates through four segments: Entertainment, Cable Networks, Publishing, and Local Broadcasting. The Entertainment segment distributes a plan of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, counting series, specials, news, and public affairs; operates online content networks for information and entertainment; and produces, acquires, and distributes theatrical motion pictures.
NCR Corporation (NYSE:NCR)’s shares dropped -0.24% to $33.62.
NCR Corporation (NCR) declared that Tesco Stores (Malaysia) Sdn Bhd (“Tesco Malaysia”) has selected NCR self-checkout technology to bring a faster and more convenient checkout option for its customers in Malaysia. Customers will now have the freedom to scan, bag and pay for goods themselves, without having to wait in long queues.
The Tesco store at IOI City Mall in Putrajaya is the first site of the pilot deployment, which will be followed by Tesco KSL City in Johor. The NCR self-checkout solution provides user-friendly interface and touchscreen that intelligently guides shoppers through the checkout process with animated demonstrations for simpler and faster transactions. NCR will provide consulting, training and services to ensure smooth deployment.
NCR Corporation, a technology company, provides solutions and services that enable businesses to connect, interact, and transact with their customers worldwide. The company operates through four segments: Financial Services, Retail Solutions, Hospitality, and Emerging Industries.
At the end of Mondays trade, Cardinal Health Inc (NYSE:CAH)‘s shares surged 0.01% to $89.87.
Cardinal Health Inc (CAH) declared plans to acquire The Harvard Drug Group (THDG), a distributor of generic pharmaceuticals, over-the-counter medications and related products to retail, institutional and alternate care customers. THDG is presently owned by Court Square Capital Partners. Cardinal Health will pay $1.115 billion using existing cash and new debt. The transaction is predictable to close in the starting of fiscal year 2016 subject to regulatory approvals and other customary closing conditions.
Assuming this timing, Cardinal Health anticipates accretion in non-GAAP diluted earnings per share (EPS) from ongoing operations of greater than $0.15 per share in fiscal 2016, net of the $0.03 to $0.04 per share of interest expense for the related debt financing. Cardinal Health anticipates accretion in non-GAAP diluted EPS of more than $0.20 in fiscal 2017 and for accretion to be increasingly greater thereafter.
Cardinal Health, Inc., a healthcare services company, provides pharmaceutical and medical products and services in the United States and internationally. The company operates in two segments, Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, over-the-counter healthcare, specialty pharmaceutical, and consumer products to retailers, including chain and independent drug stores and pharmacy departments of supermarkets and mass merchandisers; hospitals; and other healthcare providers.
Nielsen NV (NYSE:NLSN), ended its Monday’s trading session with 0.79% gain, and closed at $45.90.
Nielsen NV (NLSN) named technology veteran James Powell Global Chief Technology Officer effective July 6, 2015. Powell joins the company from Thomson Reuters where he was Executive Vice President and Chief Technology Officer.
Powell brings to Nielsen 20 years of experience as a senior technology leader. Twelve of those years were with Thomson Reuters where Powell devised and drove transformational technological change for the company. At Nielsen, Powell will be responsible for directing the technology, engineering and data science teams as the company drives towards a more accessible, interoperable and nimble future.
Nielsen N.V. operates as an information and measurement company. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch and listen. Its Buy segment provides data on retail measurement services, such as market share and competitive sales volumes; insights into distribution, pricing, merchandising, and promotion; consumer panel measurement, which offers insight into shopper behavior and customer segmentation; and consumer intelligence and analytical services for decision making in development and marketing cycles.
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