On Monday, VF Corp (NYSE:VFC)’s shares declined -0.79% to $73.91.
VF Corporation (VFC), a global leader in branded apparel, footwear and accessories, declared that Steven E. Rendle, 55, has been designated President & Chief Operating Officer at the company and has been elected to VF’s Board of Directors. He will report to Eric Wiseman, VF’s Chairman and Chief Executive Officer.
In his role as President & Chief Operating Officer, Rendle will oversee all of VF’s business coalitions worldwide: Outdoor & Action Sports, Jeanswear, Imagewear, Sportswear and Contemporary Brands. He will also be responsible for VF’s global Supply Chain and Direct-to-Consumer platforms.
V.F. Corporation designs, manufactures, markets, and distributes branded lifestyle apparel, footwear, and accessories in the United States and Europe. The company offers outdoor apparel, footwear and equipment, youth culture/action sports-inspired footwear, handbags, luggage, backpacks, totes, accessories, merino wool socks, women’s activewear, and travel accessories under the The North Face, Vans, Timberland, Kipling, Napapijri, Jansport, Reef, Smartwool, Eastpak, lucy, and Eagle Creek brands.
Precision Castparts Corp. (NYSE:PCP)’s shares dropped -0.72% to $187.33.
MidOcean Partners (“MidOcean”), a leading mid market private equity firm, declared recently that it has reached a definitive agreement to sell Noranco Inc. to Precision Castparts Corp. (PCP). Noranco is a leading supplier of complex machined components and assemblies for mission-critical landing gear, aerostructures, and aero engine applications to the aerospace industry.
The Company, with operations in Canada, the United States and Mexico, focuses solely on the aerospace industry, covering commercial/regional jet, business jet and military/rotorcraft markets. The Company’s key customers comprise Honeywell, United Technologies, Bombardier, Safran, Spirit AeroSystems and Boeing. Through its key customers, the Company supports high growth OEM platforms for Boeing, Airbus, and Bombardier, counting the B737, B787, B777, A350, A320, and Global Express. Noranco sells its products under long term contracts and is a sole source supplier for most of its revenues.
Precision Castparts Corp. manufactures and sells metal components and products to the aerospace, power, and general industrial and other markets worldwide. The company operates through three segments: Investment Cast Products, Forged Products, and Airframe Products.
At the end of Monday’s trade, Royal Dutch Shell plc (ADR) (NYSE:RDS.B)‘s shares dipped -0.36% to $54.73.
Royal Dutch Shell plc’s (RDS-B) capital comprises of 3,918,015,024 A shares and 2,440,410,614 B shares, each with equal voting rights. Royal Dutch Shell plc holds no ordinary shares in Treasury.
The total number of A shares and B shares in issue is 6,358,425,638 and this figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Royal Dutch Shell plc under the FSA’s Disclosure and Transparency Rules.
Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids. It also converts natural gas to liquids to provide fuels and other products; markets and trades natural gas; extracts bitumen from mined oil sands and converts it to synthetic crude oil; and generates electricity from wind energy. In addition, the company engages in manufacturing, supplying, and shipping crude oil; selling fuels, lubricants, bitumen, and liquefied petroleum gas (LPG) for home, transport, and industrial use; converting crude oil into a range of refined products, counting gasoline, diesel, heating oil, aviation fuel, marine fuel, lubricants, bitumen, sulphur, and LPG; producing and marketing petrochemicals, such as the raw materials for plastics, coatings, and detergents for industrial customers; and alternative energy business. Further, it trades hydrocarbons and other energy-related products; provides shipping services; and produces base chemicals comprising ethylene, propylene, and aromatics, in addition to intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol.
U.S. Silica Holdings Inc (NYSE:SLCA), ended its Monday’s trading session with 0.31% gain, and closed at $21.34.
U.S. Silica Holdings Inc (SLCA) released its 2014 Sustainability Report, Intersections, detailing the accomplishments over the past year that contributed to the Company’s success in reaching key targets in safety, environmental protection and community support.
The fifth annual Sustainability Report details how the Company’s sustainability efforts intersect with every facet of its business, counting U.S. Silica’s commitment to community investment, employee safety and environmental stewardship. U.S. Silica reached noteworthy milestones in 2014, cementing its status as an industry leader while paving the way for continued innovation and success.
U.S. Silica Holdings, Inc. produces and sells commercial silica in the United States. It operates through two segments, Oil & Gas Proppants, and Industrial & Specialty Products. The company offers whole grain commercial silica products to be used as fracturing sand in connection with oil and natural gas recovery, in addition to sells its whole grain silica products in various size distributions, grain shapes, and chemical purity levels for manufacturing glass products.
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