On Friday, Time Inc (NYSE:TIME)’s shares inclined 2.47% to $23.24.
Time Inc (TIME) declared that it will host its 4th annual Festival October 17th-18th at the Jacob Javits Center in New York City. The two-day event, which is taking place in New York for the first time, has become one of the most-anticipated celebrations of Hispanic culture in the country.
This year’s program will feature interviews, performances and autograph signings with recently top Hispanic celebrities, in addition to expert panel talk about and family-fun activities; all free and open to the public. The star-studded lineup will comprise music powerhouses Emilio and Gloria Estefan, actresses Angelica Vale,Maite Perroni and many more to be declared. Actress Angelica Maria will be presented with the Icono de PEOPLE en Espanol.
PEOPLE en Espanol is collaborating with the City of New York to mount Festival as the largest celebration in the tri-state area during Hispanic Heritage Month, inviting tens of thousands of consumers to nearly two dozen events and activities over two days This year’s theme -“Your Voice, Your Power, Your Festival”- invites families to come together and experience a one of a kind celebration that will entertain, inspire and unite.
Time Inc., together with its auxiliaries, operates as a media company that publishes magazines in the United States, the United Kingdom, and internationally. It publishes magazines under People, Sports Illustrated, InStyle, Time, Real Simple, Southern Living, Entertainment Weekly, Travel + Leisure, Cooking Light, Fortune, and Food & Wine names in the United States, in addition to about 50 diverse titles in the United Kingdom, such as Decanter and Horse & Hound.
Loews Corporation (NYSE:L)’s shares gained 1.12% to $38.83.
Diamond Offshore is owned 53% by Loews Corporation (L). Diamond Offshore Drilling, Inc. ( DO) declared that it will issue a press release and host a conference call and webcast related to its second quarter 2015 operating results on Monday, August 3, 2015. The conference call and webcast will start at 7:30 a.m. CDT and will comprise a talk about by administration regarding the Company’s results of operation.
Loews Corporation, through its auxiliaries, operates as a commercial property and casualty insurance company primarily in the United States. The company offers administration and professional liability insurance and risk administration services, and other specialized property and casualty coverages; commercial surety and fidelity bonds; and warranty and alternative risk services primarily for vehicles and portable electronic communication devices. Its commercial’s property insurance products comprise standard and excess property, marine, and boiler and machinery coverages; and casualty insurance products comprise workers compensation, general and product liability, commercial auto, and umbrella coverage’s.
At the end of Friday’s trade, Jarden Corp (NYSE:JAH)‘s shares surged 1.36% to $52.31.
Jarden Corp (JAH), declared recently that it has reached a definitive purchase agreement to acquire Waddington Group, Inc. (“Waddington”), a leading manufacturer and marketer of premium disposable tableware for commercial, foodservice and retail markets, from an investment fund managed by Olympus Partners, a private equity firm, and other stockholders for about $1.35 billion, subject to working capital and other adjustments.
The transaction provides a meaningful addition to Jarden’s portfolio while creating opportunities in cross-selling, broadening the distribution platform particularly in the B2B category, and deepening Jarden’s talent bench. Waddington, which is predictable to contribute about $800 million to 2016 revenues, will be stated as part of Jarden’s Branded Consumables segment. The transaction is predictable to be funded through a combination of cash on hand, common equity and a mix of bank debt and bonds.
Jarden Corporation manufactures, markets, and distributes consumer products worldwide. The company’s Outdoor Solutions segment offers camping and outdoor equipment; fishing and team sports equipment; alpine and nordic skiing, snowboarding, snowshoeing, and in-line skating products; technical and outdoor apparel and equipment; personal flotation devices, water sports equipment, and all-terrain vehicle gears; and inflatable air beds and accessories.
DaVita HealthCare Partners Inc (NYSE:DVA), ended its Friday’s trading session with 0.61% gain, and closed at $79.30.
DaVita HealthCare Partners Inc (DVA) declared the company has expanded its office space to comprise two more floors of the Gates Building, located at 1551 Wewatta Street in Lower Downtown Denver.
After moving from Los Angeles to Denver in 2010, DaVita HealthCare Partners’ headquarters temporarily resided in the Gates Building until construction was complete on its new world headquarters, located at 2000 16th Street. The company retained offices in the Gates Building and will now occupy six of its 10 floors.
The new space mirrors the aesthetics of the company’s world headquarters building with bright colors, numerous pathways and dynamic graphics to promote the DaVita HealthCare Partners culture.
DaVita HealthCare Partners Inc. provides kidney dialysis services for patients suffering from chronic kidney failure or end stage renal disease (ESRD). The company operates in two divisions, Kidney Care and HealthCare Partners. It operates kidney dialysis centers and provides related lab services primarily in outpatient dialysis centers and in contracted hospitals.
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