On Tuesday,Shares of Zynga Inc (NASDAQ:ZNGA), added 1.05% and closed at $2.89 in the last trading session. The last trading range of the stock ranges between $2.85 and $2.92. Zynga Inc. (ZNGA), a leading social game developer, recently declared that the Company has designated Gerard Griffin as Chief Financial Officer effective right away. Griffin will oversee accounting, finance and shareholder relations, and will report directly to Chief Executive Officer Frank Gibeau.
“Gerard’s 25 years of financial experience and deep understanding of the games, media and technology industries will be instrumental to Zynga,” said Gibeau. “His disciplined financial leadership and approach of working closely with teams to deliver high margin digital revenue, coupled with his ability to navigate business turnarounds, will assist put us in a stronger position to achieve long-term growth.”
Griffin, 49, brings to Zynga more than two decades of industry experience in financial and operational administration within the gaming, media and technology sectors. Before joining Zynga, Griffin spent more than 10 years at Electronic Arts, Inc., a global leader in digital interactive entertainment. Most recently, he served as Senior Vice President of Finance where he was the finance leader for EA’s Studios, Marketing and Publishing organizations. Before that, he spent more than six years in Geneva, Switzerland as Vice President and Chief Financial Officer for EA International. In that role, Griffin oversaw EA’s international finance functions and served as the lead finance partner to EA’s Chief Operating Officer and Global Publishing organization.
Hess Corp. (NYSE:HES), DROPPED -3.06% and closed at $52.25 in the last trading session. The last trading range of the stock ranges between $51.93 and $54.23. The company’s Market capitalization is $16.63 Billion with the total Outstanding Shares of 316.67 million. Hess Corporation (HES) declared recently the consideration to be paid in the formerly declared cash tender offer (the “Maximum Tender Offer”) to purchase up to about $324.0 million (the “Aggregate Maximum Repurchase Amount”) of the following series of notes issued by Hess (the “Notes”):
7.875% Notes due 2029;
7.300% Notes due 2031; and
7.125% Notes due 2033.
The Maximum Tender Offer was made following the terms and conditions set forth in the offer to purchase dated September 19, 2016 (the “Offer to Purchase”).
McDonald’s Corporation (NYSE: MCD), LOST -0.99% and closed at $113.50 in the last trading session. The last trading range of the stock ranges between $113.42 and $115.21. During the 52-week trading session the minimum price at which share price traded, registered at $100.20 and reached to max level of $131.96. McDonald’s Corp. plans to buy all of its coffee from sustainable sources by 2020, the most recent salvo in a restaurant-industry battle for consumers who are increasingly concerned about the origins of their food. The world’s leading restaurant company is partnering with Conservation International, joining the environmental group’s challenge to transform the coffee industry, which has recently been threatened by climate change and fungal disease. Last year, just 37 percent of McDonald’s coffee was purchased from certified sustainable sources. McDonald’s is shifting to cage-free eggs and removing artificial preservatives from its Chicken McNuggets — changes declared since Chief Executive Officer Steve Easterbrook took over in March 2015.source bloomberg