On Monday, Shares of Titan International Inc (NYSE:TWI), lost -3.85% to $6.62.
Titan International, has approved a quarterly cash dividend of $.005 (one half cent) per common share for the third quarter of 2015. The cash dividend is payable Thursday, October 15, 2015, to stockholders of record on Wednesday, September 30, 2015.
Titan International, Inc., a holding company, owns auxiliaries that supply wheels, tires, assemblies and undercarriage product for off-highway equipment used in agricultural, earthmoving/construction and consumer applications.
Titan International, Inc., together with its auxiliaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in the United States and internationally.
Shares of Sears Holdings Corp (NASDAQ:SHLD), declined -5.07% to $23.42, during its last trading session.
Sears Holdings Corporation, declared the appointment of Girish Lakshman as president, Fulfillment. His new role will support the company’s continued efforts to enhance the member experience, flawlessly fulfill member and customers’ needs and advance its integrated retail strategy.
Lakshman served as vice president of Worldwide Transportation Strategy, Technology and Customer Returns at Amazon. During his 15 years with Amazon, Lakshman held positions with increasing responsibility in a variety of roles in transportation, technology, logistics, operational excellence and administration. Lakshman’s early career experiences comprised operations planning for manufacturing and industrial engineering functions.
“Girish’s strong operational discipline, process thinking and experience leading change make him a strong fit for Sears Holdings,” said Edward S. Lampert, Sears Holdings’ Chairman and Chief Executive Officer. “He will work closely with me and our supply chain and inventory administration leaders to enhance our members’ experiences and support our transformation as an integrated retailer.”
Sears Holdings Corporation operates as a retailer in the United States. It operates in two segments, Kmart and Sears Domestic. The Kmart segment operates retail stores that offer a range of products, counting consumer electronics, seasonal merchandise, outdoor living, toys, lawn and garden equipment, food and consumables, and apparel; and in-store pharmacies.
At the end of Monday’s trade, Shares of Clorox Co (NYSE:CLX), lost -1.78% to $114.21.
The Clorox Company, released its 2015 integrated annual report demonstrating how the company drove “good growth” — profitable and responsible growth — during the fiscal year ending June 30 through progress against its 2020 Strategy and an emphasis on focus areas that will continue accelerating that growth.
“Accelerating good growth that’s profitable, consistent and achieved in a responsible way is a cornerstone of our 2020 Strategy,” said Chief Executive Officer Benno Dorer. “This year’s report showcases the steps we’re taking to win with consumers in today’s dynamic business environment while retaining a commitment to values that have guided our company for more than a century. We believe this approach, supported by our highly engaged people and leading brands, will allow us to provide value to our stakeholders for the long term.”
The Clorox Company manufactures and markets consumer and professional products worldwide. The company operates through four segments: Cleaning, Household, Lifestyle, and International. It offers laundry additives, counting bleach products under the Clorox, in addition to stain fighter and color booster products under the brand Clorox 2; and home care products under the Clorox, Formula 409, Liquid-Plumr, Pine-Sol, S.O.S, and Tilex brands.
Finally, Barclays PLC (ADR) (NYSE:BCS), ended its last trade with -4.09% loss, and closed at $14.76.
Weak global growth, driven by weakness in emerging markets, especially in China, drove the Q3 market selloff, according to Barclays’ latest flagship quarterly research publication Global Outlook: Position for mediocre growth. With China deceleration unlikely to reverse any time soon, and developed market growth predictable to remain steady but not spectacular, investors should tilt their equities exposure toward a more neutral position, from the modest overweight position recommended in the last Global Outlook.
“China faces an extended period of strong headwinds related to the long-awaited need to rebalance its economy away from unsustainably high investment spending,” said Ajay Rajadhyaksha, Head of Macro Research. “The prospect of further weakness in China, together with mediocre growth in advanced economies, suggests investors should position for a low growth environment in the months to come. There is no quick bounce-back coming.”
While the growth of advanced economies has been subpar by historical standards, the global consumer has been a source of strength in the US, Europe and Japan, with consumption assisted by tightening labor markets and weak inflation. Tighter labor markets in the US, the UK and Japan mean that central banks may be more cautious about further monetary policy accommodation, despite a subdued inflationary outlook driven by softer demand and excess capacity in China and continental Europe. Government bonds appear less attractive as a ‘safe haven’ than during earlier stages of the recovery.
Barclays PLC, through its auxiliaries, provides various financial products and services worldwide. It offers personal and corporate banking, mortgage, and wealth and investment administration services to individuals and businesses; consumer payments products and services to consumers and merchants; and retail and business banking, corporate and investment banking, and wealth administration and insurance services.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
