On Tuesday, Amazon.com, Inc. (NASDAQ:AMZN)’s shares inclined 0.02% to $430.99.
Amazon.com, Inc. (AMZN) declared its fifth annual list of the Most Well-Read Cities in America – just in time for summer reading season. The ranking was determined by compiling sales data of all book, magazine and newspaper sales in both print and Kindle format from April 2014 to April 2015, on a per capita basis in cities with more than 500,000 residents.
Amazon also took a closer look at the data and uncovered some interesting trends across the cities:
- Seattle, Wash., the home of Amazon headquarters, not only purchased the most books overall but also purchased the most Kindle books, magazines, and newspapers.
- Washington, D.C. residents, ranked #5 overall on the list, prefer the print book, outranking Seattle as the city with the most purchases of print books.
- California is for readers with three cities making the top 20 list this year: San Francisco, San Diego, and San Jose.
- Las Vegas is for lovers—their residents purchased the most romance titles.
- Gone Girlby Gillian Flynn was the top-selling title in seven of the top 20 cities: Houston, Texas; Austin, Texas; Charlotte, N.C.; Tucson, Ariz., Louisville, Ky.; Albuquerque, N.M.; Baltimore, Md.
Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates in two segments, North America and International. The company serves consumers through retail Websites, such as amazon.com and amazon.ca, which primarily comprise merchandise and content purchased for resale from vendors and those offered by third-party sellers.
Visteon Corp (NYSE:VC)’s shares dropped -2.75% to $105.45.
Visteon Corp (VC) declared first-quarter 2015 results, reporting sales of $2.03 billion and net income attributable to Visteon of $50 million, or $1.10 per diluted share. Adjusted EBITDA, a non-GAAP financial measure as defined below, was $189 million, contrast with $161 million in the same period last year.
Cash from operating activities in the first quarter totaled $173 million, contrast with $96 million from the same period in 2014. Adjusted free cash flow, a non-GAAP financial measure as defined below, was $139 million for the first quarter of 2015.
First Quarter in Review
Visteon stated first-quarter sales of $2.03 billion, an enhance of $311 million contrast with the same quarter a year earlier. Hyundai-Kia accounted for about 31 percent of those sales and Ford Motor Company 26 percent. On a regional basis, Asia accounted for 48 percent of sales; Europe 29 percent; North America 21 percent; and South America 2 percent. An additional $22 million of sales was classified as suspended operations.
Visteon Corporation designs, engineers, and manufactures products for original equipment vehicle manufacturers worldwide. It operates in three segments: Climate, Electronics, and Other. The Climate segment offers integrated heating, ventilation, and air conditioning systems, such as evaporators, condensers, heater cores, climate controls, compressors, air handling cases, and fluid transport systems; and components and modules, counting radiators, oil coolers, charge air coolers, exhaust gas coolers, battery and power electronics coolers and systems, and fluid transport systems that provide cooling and thermal administration for the vehicle’s engine and transmission, in addition to for batteries and power electronics on hybrid and electric vehicles.
At the end of Tuesday’s trade, Apollo Global Administration LLC (NYSE:APO)‘s shares surged 0.54% to $22.40.
OM Group, Inc. (OMG), a technology-driven diversified industrial company, recently declared that it has reached a definitive agreement to be attained by funds managed by associates of Apollo Global Administration, LLC (APO) (together with its merged auxiliaries, “Apollo”, and such funds, collectively, the “Apollo Funds”), for $34.00 per share in cash. The purchase price represents a premium of about 28% over OM Group’s closing share price on May 29, 2015.
Platform Specialty Products (“Platform”) (PAH) will acquire OM Group’s Electronic Chemicals and Photomasks businesses, which combined represented about $28 million of adjusted EBITDA in 2014, from the Apollo Funds in two separate transactions for total cash consideration of $365 million. Platform believes there is a synergy opportunity in excess of $20 million over the next two years from the combination of these complementary assets. Following the transactions, the Apollo Funds will own OM Group’s Magnetic Technologies, Battery Technologies and Advanced Organics businesses.
Apollo Global Administration, LLC is a publicly owned investment manager. It primarily provides its services to endowment and sovereign wealth funds, in addition to other institutional and individual investors. The firm manages client focused portfolios. It launches and manages hedge funds and mutual funds for its clients. The firm also manages real estate funds and private equity funds for its clients.
Banco Bilbao Vizcaya Argentaria SA (ADR) (NYSE:BBVA), ended its Tuesday’s trading session with 2.64% gain, and closed at $10.09.
Banco Bilbao Vizcaya Argentaria SA (ADR) (BBVA) Compass culinary tour partner El Celler de Can Roca, owned by the famed Roca brothers, has claimed the top spot in Restaurant magazine’s World’s 50 Best Restaurants List.
It’s the second time the Girona, Spain-based restaurant has landed at No. 1 on the prestigious list. The Roca brothers trio, all of whom are BBVA brand ambassadors, accepted the award at an awards gala Monday night in London. Joan, Josep and Jordi Roca will launch their second BBVA-sponsored gastronomic tour on August 1, and will recreate their restaurant’s experience for BBVA Compass clients in Houston, Birmingham, Ala., and Miami.
El Celler de Can Roca was last crowned No. 1 in 2013, and has claimed one of the top two spots on the British magazine’s list for the past five years. The annual event is considered one of the highest recognitions in the culinary world.
“The holy trinity of head chef Joan’s thoughtful but original cooking, pastry chef Jordi’s imagination-defying desserts and sommelier Josep’s beautifully considered wine pairings already adds up to significantly more than the sum of its parts, before you add in a vibrant family dynamic and a deep sense of hospitality,” Restaurant magazine said of the trio on its website after the 2015 award was declared.
The list is compiled based on the opinions of professional chefs, reporters and food critics from all over the world. Each region has a dedicated panel of 36 experts, headed by a chairperson.
Banco Bilbao Vizcaya Argentaria, S.A. engages in the retail banking, wholesale banking, asset administration, and private banking businesses primarily in Spain, Eurasia, Mexico, South America, and the United States. It offers deposit products, counting personal accounts, housing accounts, savings accounts, deposit accounts, etc.; and loan products, such as personal loans, mortgages, etc.; credit cards; investment products comprising mutual funds, warrants, and pension plans; and telephone and on-line banking services, in addition to ATMs for individual customers.
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