On Tuesday, Shares of Fiat Chrysler Automobiles NV (NYSE:FCAU), gained 7.13% to $14.57.
Fiat Chrysler Automobiles, CEO Sergio Marchionne met in Brasilia with Brazilian government authorities President Dilma Rousseff, Vice President of Republic Michel Temer, Minister of Finance Joaquim Levy and Minister of Industry and International Commerce Armando Monteiro to discuss the country’s current economic situation and outlook. The meetings occurred as part of Marchionne’s regular travel to Brazil to review the Company’s operations.
FCA is a global group, with sales and production units in Latin America, North America, EMEA and Asia Pacific. Updates on those markets’ economic situations are part of Marchionne’s routine and are essential to develop accurate business scenarios.
Brazil is FCA’s second largest market in the world, after the United States. Factories in the country manufacture for multiple brands, counting Fiat, Jeep®, Magneti Marelli and Teksid. The Company maintains 19 industrial plants, 5 R&D centers and 42,000 employees in Brazil, and the region posted R$35 billion in revenue in 2014 (more than US$10 billion). FCA is in the midst of a significant investment cycle in Brazil, totaling R$15 billion between 2013 and 2016.
Fiat Chrysler Automobiles N.V., an automotive group, designs, engineers, manufactures, distributes, and sells vehicles and components. It offers passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names, in addition to after-sales services and parts under the Mopar brand name.
Shares of DDR Corp (NYSE:DDR), inclined 0.95% to $14.94, during its last trading session.
DDR Corp., declared its third quarter 2015 Preferred Class J stock dividend of $0.406250 per depositary share and Preferred Class K stock dividend of $0.39063 per depositary share.
Each Class J depositary share is equal to one-twentieth of a share of DDR’s 6.50% Class J Cumulative Redeemable Preferred Stock. The declared Preferred Class J dividend covers the period starting July 15, 2015 and ending October 14, 2015. The declared Preferred Class J Dividend is payable October 15, 2015 to shareholders of record at the close of business on October 1, 2015.
Each Class K depositary share is equal to one-twentieth of a share of DDR’s 6.25% Class K Cumulative Redeemable Preferred Stock. The declared Preferred Class K dividend covers the period starting July 15, 2015 and ending October 14, 2015. The declared Preferred Class K Dividend is payable October 15, 2015 to shareholders of record at the close of business on October 1, 2015.
DDR Corp. is an equity real estate investment trust. It invests in the real estate markets of the United States and Puerto Rico. The firm is in the business of acquiring, owning, developing, redeveloping, expanding, leasing, and managing shopping centers. It formerly known as Developers Diversified Realty Corp. DDR Corp is based in Beachwood, Ohio.
Finally, Time Warner Inc (NYSE:TWX), ended its last trade with 2.39% gain, and closed at $71.68.
URBT has been in negotiations with Warner Bros. to provide urban programming for the network. As a part of the deal URBT Network, together with sister company Punch TV Studios, will have access to the Warner Bros. urban library. The deal comes in time for the Q1 2016 launch of the URBT Television Network (URBT).
Such shows as “Amos and Andrew” starring Samuel L Jackson, “The Cleaner” starring Cedric The Entertainer, and more than 200 hours of urban programming will be made available to the URBT Network (URBT) upon the completion of negotiations.
“This is a noteworthy partnership for our company,” says Joseph Collins CEO of URBT Network and Punch TV Studios, “Warner Bros. is a premiere brand. This partnership will give Warner Bros. additional distribution into markets they are not presently reaching, and this should make it easier for the URBT Network to attract television and cable associates. URBT Network is planning to launch into more than 60 million homes in Q1 2016 and this deal now positions our company to be a true competitor.”
Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates through three segments: Turner, Home Box Office, and Warner Bros. The Turner segment owns and operates a portfolio of cable television networks and related properties that offer entertainment, sports, kids, and news programming on television and digital platforms for consumers.
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