On Tuesday, Shares of Hologic, Inc. (NASDAQ:HOLX), added 0.69% and closed at $39.15 in the last trading session. The last trading range of the stock ranges between $38.10 and $39.67. Hologic, Inc. (HOLX) declared recently that it has notified holders of the 2.00% Convertible Exchange Senior Notes due 2037 (CUSIP No. 436440 AB7) issued November 23, 2010, and Wilmington Trust Company, the trustee, paying agent and conversion agent for the notes, that holders are eligible to convert the notes. This conversion right is subject to the terms of the base indenture governing the notes dated as of December 10, 2007, as supplemented by the second supplemental indenture dated as of November 23, 2010 (collectively, the indenture).
The conversion right has been triggered because the closing price of the Company’s common stock exceeded about $29.94, which is 130% of the conversion price for the notes, for at least 20 of the 30 successive trading days ending on September 30, 2016. As a result, the notes are convertible until December 31, 2016, subject to the terms, conditions and adjustments in the indenture and the notes. The notes may continue to be convertible after December 31, 2016 if one or more conditions specified in the indenture are satisfied during future measurement periods.
Hanesbrands Inc. (NYSE:HBI), remain flat and closed at $25.50 in the last trading session. The last trading range of the stock ranges between $25.39 and $2577. The company’s Market capitalization is $9.73 Billion with the total Outstanding Shares of 377.80 million. Micaela Erlanger, one of the fashion industry’s most influential celebrity stylists, will be an ambassador and spokesperson for the Maidenform brand this fall. Erlanger will act as a guide to the Maidenform customer, offering expert tips, product picks and styling insight via the leading intimate-apparel brand’s website and social media platforms.
“I am thrilled to declare my brand ambassadorship with Maidenform,” said Erlanger. “As a stylist, and as a woman, I know the importance of undergarments and shapewear. I am a firm believer in the quality and style of the Maidenform brand’s products and couldn’t think of a more perfect brand to align with and represent.”
Vicki Seawright, Maidenform vice president and general manager, said: “We are thrilled to have Micaela onboard as a Maidenform spokesperson for the forthcoming fall and holiday seasons. The Maidenform vision perfectly aligns with Micaela’s captivating spirit and commitment to fashion. We are constantly working to enrich the shopping experience, and look forward to leveraging Micaela’s expertise to inspire and educate our customer.”
E I Du Pont De Nemours And Co (NYSE:DD), dropped -1.42% and closed at $66.88 in the last trading session. The last trading range of the stock ranges between $66.83 and $68.42. During the 52-week trading session the minimum price at which share price traded, registered at $49.53 and reached to max level of $75.72. E. I. du Pont de Nemours and Company operates as a science and technology based company. The companys Agriculture segment offers corn hybrid, soybean, canola, sunflower, sorghum, inoculants, wheat, rice, seed products, herbicides, fungicides, and insecticides, in addition to offers crop protection products, such as weed control, disease control, and insect control products. Its Electronics & Communications segment provides various materials and systems, counting photopolymers and electronic materials for photovoltaic, consumer electronics, displays, and advanced printing. The companys Industrial Biosciences segment develops and manufactures a portfolio of enzymes and bio-based materials. Its Nutrition & Health segment offers cultures, probiotics, texturants, emulsifiers, natural sweeteners, and soy-based food ingredients for the food industry market. The companys Performance Materials segment offers elastomers and thermoplastic, and thermoset engineering polymers; resins and films for packaging and industrial polymer applications, sealants and adhesives, and sporting goods; and elastomers, parts, and systems and solutions for automotive and transportation, packaging for food and beverages, electrical/electronic components, material handling, healthcare, construction, semiconductor, and aerospace markets. Its Safety & Protection segment provides nonwovens, aramids, and solid surfaces for the construction, transportation, communications, industrial chemicals, oil and gas, electric utilities, automotive, manufacturing, defense, homeland security, and safety consulting industries. The company markets its products through the companys sales force and distributors in the United States and internationally.