On Thursday, Shares of Novartis AG (ADR)(NYSE:NVS), added 0.51% and closed at $76.76 in the last trading session. The last trading range of the stock ranges between $76.61 and $77.27. Novartis AG researches, develops, manufactures, and markets a range of healthcare products worldwide. It operates through three segments: Pharmaceuticals, Alcon, and Sandoz. The Pharmaceuticals segment offers patented prescription medicines for oncology, neuroscience, retina, immunology and dermatology, respiratory, cardio-metabolic, established medicines, and cell and gene therapies. The Alcon segment provides eye care products, counting ophthalmic surgical equipment, instruments, disposable products, and intraocular lenses; medicines to treat chronic and acute diseases of the eye, and over-the-counter medicines for the eye; and contact lenses and lens care products. The Sandoz segment offers generic prescription medicines that include active ingredients and finished dosage forms of pharmaceuticals for dermatology, respiratory and ophthalmic, cardiovascular, metabolism, central nervous system, pain, gastrointestinal, and hormonal therapies; active pharmaceutical ingredients and intermediates mainly antibiotics; protein or other biotechnology-based products; and cytotoxic products for the hospital markets, in addition to biotechnology manufacturing services to other companies.
Yum! Brands, Inc. (NYSE:YUM), jumped 0.48% and closed at $89.37 in the last trading session. The last trading range of the stock ranges between $88.36 and $90.03. The company’s Market capitalization is $35.12 Billion with the total outstanding Shares of 376.00 million. Yum China Holdings, Inc. (“Yum China”) will outline its vision for the company as an independent business recently at Yum! Brands, Inc.’s (YUM) annual shareholder conference in New York, NY. Yum China anticipates to begin trading as an independent company starting November 1, 2016, on the New York Stock Exchange under the ticker symbol “YUMC.”
“Yum China is a powerhouse business that will be one of China’s leading publicly traded retail companies. We employ over 400,000 people and serve over 2 billion customers annually. With our unique market position and a rapidly growing middle class and urban population, we believe that we offer an unrivalled opportunity for sustained long-term growth in China,” said Micky Pant, Chief Executive Officer of Yum China. “At separation, we will be operating a highly cash-generative business, with no external debt and ample cash on hand. This will facilitate us to invest in new restaurants, digital engagement and our delivery network, providing job opportunities to thousands more people across the country and contributing to economic growth.”
BlackBerry Ltd (NASDAQ:BBRY), dropped -1.71% and closed at $7.47 in the last trading session. The last trading range of the stock ranges between $7.41 and $7.56. During the 52-week trading session the minimum price at which share price traded, registered at $6.23 and reached to max level of $9.46. BlackBerry Limited develops and sells smartphones and other devices under the BlackBerry brand name worldwide. The company develops and offers smartphones with the BlackBerry 10 OS and Android OS, in addition to BlackBerry 10 smartphones; and enterprise mobility administration and mobile security software, and a portfolio of enterprise software solutions and services that could be deployed across a range of ecosystems and devices. It also licenses QNX software products in embedded market; provides BlackBerry IoT Platform for the asset tracking industry; and offers operating systems, middleware, development tools, and professional services for connected embedded systems mainly in the automotive, medical, and industrial automation markets, in addition to provides professional services to support customers in developing their products. In addition, the company offers AtHoc software platform that facilitates people, devices, and organizations to exchange information in real time during business continuity and life safety operations; and BlackBerry Messenger platform for messaging, and for in-app advertising and virtual goods store. Further, it provides high-security voice and data encryption and anti-eavesdropping solutions; and virtual identity solutions for mobile operators, in addition to repairs, accessories, and other telecommunications services. BlackBerry Limited markets and sells its BlackBerry smartphone products to enterprise and consumer end users mainly through wireless communications carriers, in addition to through third party distribution channels. It serves enterprise customers, principally in regulated industries and select vertical markets, counting government, financial services, legal, and healthcare.