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Sunday 13 September 2015
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Stocks Roundup: Restoration Hardware Holdings (NYSE:RH), Packaging Corp Of America(NYSE:PKG), Magic Software Enterprises (NASDAQ:MGIC), Robert Half International (NYSE:RHI)

On Thursday, Restoration Hardware Holdings Inc(NYSE:RH)’s shares inclined 0.04% to $92.66.

Restoration Hardware Holdings Inc (RH) introduced RH Modern, a carefully curated collection that combines the clean lines and minimalist aesthetic of modernism with the comfort and quality that defines the RH brand. RH Chairman and CEO, Gary Friedman, unveiled the new concept during the Company’s first quarter fiscal 2015 earnings video. The video can be viewed at the Company’s Investor Relations website, ir.restorationhardware.com.

RH Modern will launch this Fall with a 300 page Source Book, a dedicated website, and a noteworthy retail presence, counting a freestanding RH Modern store on Beverly Boulevard in Los Angeles, the entire ground floor of its Flatiron gallery in New York City, plus entire floors in its next generation Design Galleries in Atlanta, and those opening later this year in Chicago, Tampa, Denver and Austin. In total, RH Modern is predictable to have over 120,000 square feet of selling space in its first year of operation.

Restoration Hardware Holdings, Inc., together with its auxiliaries, engages in the retail of home furnishings. Its product categories comprise furniture, lighting, textiles, bathware, décor, outdoor and garden, tableware, and children’s furnishings. The company sells its products through its stores and catalogs, in addition to through its Websites, such as restorationhardware.com, rh.com, and rhbabyandchild.com.

Packaging Corp Of America(NYSE:PKG)’s shares dropped -0.03% to $65.51.

Packaging Corporation of America (PKG) declared that its Board of Directors has authorized the repurchase of an additional $150 million of the company’s outstanding common stock. Together with remaining authority under formerly declared programs, the company may repurchase about $205 million of additional shares.

Repurchases may be made from time to time in open market or privately negotiated transactions in accordance with applicable securities regulations. The timing and amount of repurchases will be determined by the company in its discretion based on factors such as PCA’s stock price and market and business conditions.

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States, Europe, Mexico, and Canada. The company’s Packaging segment offers various corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that assist to merchandise the packaged product in retail locations; and honeycomb protective packaging.

At the end of Thursday’s trade, Magic Software Enterprises Ltd.(NASDAQ:MGIC)‘s shares surged 0.52% to $5.83.

Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of software platforms for enterprise mobility, cloud applications, and business integration, declared recently that AA Shipping LTD and its Royal Cargo tax division deployed a customized ERP system based on the Magic xpa Application Platform. Developed by Titan Systems, the customized system manages the group’s entire freight forwarding activities from booking through customs to operations and finance.

AA Shipping and Royal Cargo wanted a system to fully automate all internal processes required to manage their freight forwarding business, counting customs clearance and taxes imposed by the government at the Israeli ports of Haifa, Ashdod, Tel Aviv and Ben Gurion International Airport. Titan answered their need by customizing their existing Magic-based 4Trade ERP system to comprise an interface with the Israeli Tax Authority’s “Gateway to the World” application for customs and tax compliance together with customized interdepartmental application flows and reporting capabilities.

Magic Software Enterprises Ltd. provides proprietary application development, business process integration, and vertical software solutions and related professional services. The company’s software solutions are used by customers to develop, deploy, and integrate on-premise, mobile, and cloud-based business applications. It operates in two segments, Software Solutions and IT Professional Services.

Robert Half International Inc.(NYSE:RHI), ended its Thursday’s trading session with 0.55% gain, and closed at $51.64.

Named to the 2015 Fortune 100 Best Companies to Work For® list, Protiviti is a wholly owned partner of Robert Half (RHI). Founded in 1948, Robert Half is a member of the S&P 500 index.

Global consulting firm Protiviti is happy to declare that it has been named the Americas winner in the Fourth Annual Nintex Partner Awards within the Business Excellence category. Protiviti was recognized for promoting the value of Nintex’s Workflow Automation Platform and driving customer success across Nintex products.

Through Protiviti’s experience in planning, designing, configuring and deploying SharePoint, it is able to work through multiple scenarios, counting public websites, intranets, extranets, member communications, mobile sites and business intelligence dashboards. Protiviti also offers Nintex training on both Nintex Workflow and Nintex Forms as part of its SharePoint practice. These training courses are designed to assist organizations better automate business workflows and develop new forms based on the unique needs of their businesses.

Robert Half International Inc. provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia. It operates through three segments: Temporary and Consultant Staffing, Permanent Placement Staffing, and Risk Consulting and Internal Audit Services.

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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.

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