On Monday, Shares of Walt Disney Co (NYSE:DIS), lost -1.76% to $98.52.
The Walt Disney Company Board of Directors has elected Maria Elena Lagomasino, the CEO and managing partner of financial advisory firm WE Family Offices, as an independent director, effective Dec. 1.
Ms. Lagomasino will stand for election together with the company’s other directors at Disney’s next annual meeting.
Before founding WE Family Offices, Ms. Lagomasino served as CEO of GenSpring Family Offices, a leading wealth administration firm. Before that she served as chairman and chief executive officer of JP Morgan Private Bank. Her career began in 1977 at Citibank. She joined Chase Manhattan Private Bank in 1983 and was named head of Chase’s worldwide private banking business in 1997. Following the Chase-JP Morgan merger, she became chairman and CEO of JP Morgan Private Bank.
The Walt Disney Company together with its subsidiaries and affiliates is a diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media.
Shares of Applied Materials, Inc. (NASDAQ:AMAT), declined -1.58% to $14.37, during its last trading session.
Applied Materials declared the pricing of senior unsecured notes in an aggregate principal amount of $1.8 billion. The notes comprise of the following tranches:
- $600 million of 2.625% senior unsecured notes due 2020
- $700 million of 3.900% senior unsecured notes due 2025
- $500 million of 5.100% senior unsecured notes due 2035
Applied intends to use a portion of the net proceeds of this offering to redeem or repay its outstanding $400 million 2.650% notes due June 15, 2016 and the balance for general corporate purposes. The foregoing does not constitute a notice of redemption or an obligation to issue a notice of redemption for the 2.650% notes.
J.P. Morgan, Citigroup, MUFG and Goldman, Sachs & Co. are acting as joint book-running managers.
Applied Materials, Inc. (Applied) provides manufacturing equipment, services and software to the global semiconductor, flat panel display, solar photovoltaic (PV) and related industries. Applied’s customers include manufacturers of semiconductor wafers and chips, flat panel liquid crystal displays (LSDs), PV cells and modules, and other electronic devices.
Shares of Hewlett-Packard Company (NYSE:HPQ), declined -1.72% to $24.58, during its last trading session.
Aruba Networks, an HP company, declared that it has expanded the coursework offered by its Aruba Mobility Academy, which has been adopted by higher education institutions around the globe since its launch in 2014.
The Aruba Mobility Academy is the world’s first mobility-specific higher education program that provides students with the fundamentals required to build, maintain and advance wireless LAN networks. Recognizing that future IT leaders need to comprise mobility education in their general networking curriculum, the global program gives educational institutions unique courses that they can integrate directly into their IT course offerings.
Since introducing the program, Aruba has incorporated feedback from its customers to enhance the Mobility Academy offerings. New to the program is a four-semester curriculum that culminates in students taking the Aruba Certified Mobility Expert (ACMX) exam. The courses cover enterprise Wi-Fi fundamentals, large enterprise Wi-Fi networks, enterprise Wi-Fi troubleshooting and access control, and designing and integrating Wi-Fi networks. Students can earn five different certifications over the course of two years, preparing them for the kinds of networking jobs that will be in demand to support the #GenMobile workplace.
Algonquin College in Ottawa Canada will start offering Aruba Mobility Academy Courses this fall for both its Computer Systems Technician Program and its Bachelor of Information Technology Program. Shawn McBride, Professor and Program Coordinator for Algonquin’s Information and Communications Technologies (ICT) Department, says the Aruba Mobility Academy courses are critical to prepare their students for the kinds of IT jobs they will seek post-graduation.
Hewlett-Packard Company is a global provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors.
Finally, Allergan PLC (NYSE:AGN), ended its last trade with -8.66% loss, and closed at $254.87.
Allergan, declared its updated second-half 2015 ongoing operations financial forecast. The forecast reflects adjustments for the forthcoming predictable suspended operations as a result of the formerly declared divestiture of its Global Generics business to Teva Pharmaceuticals. The Company intends to start reporting its Global Generics business as suspended operations with its third quarter 2015 results. The transaction with Teva is predictable to close in the first quarter of 2016.
Ongoing operations comprises the U.S. Brands, U.S. Medical, International Brands and Anda distribution segments. For the second-half of 2015, Allergan anticipates to report non-GAAP ongoing operations as follows:
- Revenue is predictable to be greater than $8 billion
- Adjusted earnings before interest and taxes (EBIT) are predictable to be between $3.8 billion and $4.0 billion
- Non-GAAP earnings per share (EPS) are predictable to be between $6.25 and $6.65.
Allergan plc develops, manufactures, and distributes generic, branded, biosimilar, and over-the-counter (OTC) pharmaceutical products. It operates in three segments: North American Brands, North American Generics and International, and Anda Distribution.
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