On Tuesday, Shares of Visa Inc (NYSE:V), subtract -1.30% and closed at $82.04 in the last trading session. The last trading range of the stock ranges between $81.57 and $82.79. The company’s Market capitalization is $194.24 Billion with the total Outstanding Shares of 1.89 million. During the 52-week trading session the minimum price at which share price traded, registered at $66.12 and reached to max level of $83.79. Visa Inc. (NYSE:V) will report its fiscal fourth quarter and full-year 2016 financial results on Monday, October 24, 2016. The results, together with accompanying financial information, will be released after market close and posted on the Visa Shareholder Relations website.
Visa’s executive administration team will then host a live audio webcast starting at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss financial results and business highlights.
All interested parties are invited to listen to the live webcast.
Visa is presently in its customary “quiet period” during which time company executives will not be interacting with the investment community. This quiet period will extend until fiscal fourth quarter and full-year 2016 earnings are released on October 24, 2016.
Lowe’s Companies, Inc. (NYSE:LOW), dropped -1.24% and closed at $70.09 in the last trading session. The last trading range of the stock ranges between $69.97 and $70.98. During the 52-week trading session the minimum price at which share price traded, registered at $62.62 and reached to max level of $83.65. Lowe’s Companies, Inc. (LOW) (“Lowe’s”) and RONA inc. (RON.TO)(RON-PA.TO) (“RONA”) declared recently that Lowe’s, through a wholly owned partner, and RONA have reached a definitive agreement for the acquisition of RONA’s outstanding Cumulative 5-Year Rate Reset Series 6 Class A Preferred Shares and Cumulative Floating Rate Series 7 Class A Preferred Shares (collectively, the “Preferred Shares”) for C$24 per share in cash following a plan of arrangement under the Business Corporations Act (Québec).
The board of directors of RONA, after consultation with its financial and legal advisors, has unanimously approved the transaction and has resolved to unanimously recommend that holders of the Preferred Shares (the “Preferred Shareholders”) vote in favour of the transaction at a meeting of Preferred Shareholders to be held to consider the transaction. RBC Capital Markets has offered a fairness opinion to RONA’s board of directors that, subject to the assumptions, limitations and qualifications set out in such fairness opinion, and as of the date of such opinion, the consideration under the transaction is fair from a financial point of view to the Preferred Shareholders.
The transaction is subject to court approval and the requisite approval of the Preferred Shareholders. Assuming the required approvals are received, the transaction is expected to be consummated before the end of the year.
On the otherhand Whole Foods Market, Inc. (NASDAQ:WFM), subtract -0.73% and closed at $28.56 in the last trading session. The last trading range of the stock ranges between $28.22 and $28.90. The company’s Market capitalization is $9.08 Billion with the total Outstanding Shares of 318.80 million. During the 52-week trading session the minimum price at which share price traded, registered at $27.67 and reached to max level of $35.58. Whole Foods Market (WFM) recently declared it will issue financial results for the Company’s fourth fiscal quarter ended September 25, 2016, after the market closes on November 2, 2016. Following the release via the wire services, the Company will host a conference call with financial analysts and shareholders from 4:00 – 4:45 p.m. (CT).
To take part, dial 866-393-4306 (domestic) and 734-385-2616 (international). The conference ID is “Whole Foods.” Please dial in at least five minutes before the start of the conference call. A simultaneous audio webcast will be available through a link on the Company’s website.