On Friday, Shares of Zoetis Inc (NYSE:ZTS), subtract-0.96% and closed at $50.61 in the last trading session. The last trading range of the stock ranges between $50.13 and $50.96. Zoetis Inc. (ZTS) recently stated its financial results for the third quarter of 2016 and updated its guidance for full year 2016 and 2017.
The company stated revenue of $1.2 billion for the third quarter of 2016, a boost of 2% contrast with the third quarter of 2015. Net income for the third quarter of 2016 was $239 million, or $0.48 per diluted share, a boost of 26% to both on a stated basis.
Adjusted net income1 for the third quarter of 2016 was $258 million, or $0.52 per diluted share, a boost of 2% and 4%, respectively. Adjusted net income for the third quarter of 2016 excludes the net impact of $19 million for purchase accounting adjustments, acquisition-related costs and certain noteworthyitems.
Express, Inc. (NYSE:EXPR), jumped 0.83% and closed at $13.35 in the last trading session. The last trading range of the stock ranges between $13.06 and $13.50. The company’s Market capitalization is $1.06 Billion with the total Outstanding Shares of 78.41 million. Express, Inc. (EXPR), a specialty retail fashion brand operating more than 650 stores, declared that Terry Davenport has been designated to its Board of Directors as a Class III director, effective recently. Mr. Davenport is presently Global Brand Advisor for Starbucks Coffee Company. With this appointment, the size of the Board has been expanded from seven to eight directors.
Throughout his career, Mr. Davenport has held various senior leadership roles in the areas of brand building, marketing, advertising and retail design for leading consumer brands. Mr. Davenport has spent the last ten years of his career at Starbucks Coffee Company, where he has served as Global Brand Advisor since February 2014. His prior roles at Starbucks include: SVP of Global Creative Studios, SVP of Marketing and Category for Europe, Middle East, and Africa (EMEA), and SVP of Marketing for the U.S. He originally joined Starbucks as VP of Brand Strategy and Consumer Insights in October 2006. Before joining Starbucks, Mr. Davenport held senior brand leadership roles with YUM! Brands, PepsiCo. and Omnicom Agencies. He began his career at BBDO in Dallas and New York City after earning a graduate degree from Medill at Northwestern University.