On Monday, Shares of Molson Coors Brewing Co (NYSE:TAP), subtract -2.25% and closed at $96.82 in the last trading session. The last trading range of the stock ranges between $96.09 and $98.81. Molson Coors Brewing Company (NYSE: TAP; TSX: TPX) recently stated U.S. GAAP net income from continuing operations attributable to MCBC of $202.5 million, a boost as compared to $13.7 million a year ago, mainly driven by cycling $275.0 million of impairment charges recorded for certain Europe brands last year, partially offset by special charges and other non-core expenses related to the MillerCoors transaction this year. The Company also stated a 14.3 percent decrease in underlying after-tax income for the third quarter 2016, driven by lower worldwide volume, a higher underlying tax rate, and higher brand investments globally, which were partially offset by positive mix and higher underlying U.S. equity income.
Smith & Nephew plc (ADR) (NYSE:SNN), dropped -1.45% and closed at $27.11 in the last trading session. The last trading range of the stock ranges between $26.97 and $27.21. The company’s Market capitalization is $11.77 Billion with the total Outstanding Shares of 895.65 million. Deutsche Bank recently declared the lineup for its Depositary Receipts Virtual Shareholder Conference (“dbVIC”) on November 16th and 17th, featuring live webcast presentations from international companies with American Depositary Receipt (ADR) programs in the US.
Representatives from participating companies based in Australia, Denmark, France, Germany, Hong Kong, Japan, South Africa and the UK will respond to questions during formal presentations, and will also interact with shareholders via virtual trade booths. The conference is targeted to all types of shareholders in addition to analysts interested in non-US companies.