Stocks on the Move: Mastercard Inc (NYSE:MA), Pier 1 Imports Inc (NYSE:PIR)

On Tuesday, Shares of Mastercard Inc (NYSE:MA), subtract -0.01% and shut at $105.93 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $104.74 and $106.13. Cubic Transportation Systems (CTS), a business unit of Cubic Corporation (NYSE:CUB), and Mastercard (MA) recently declared the publication of their report about transportation demand and retail impact assessment resulting from New York City’s “Car Free Day NYC” at the Smart City Expo World Congress, held in Barcelona from November 15 – 17. Cubic and Mastercard leveraged the Urbanomics Mobility Project, a Cubic-Mastercard co-developed data analysis toolset for fueling smarter and more inclusive cities, in undertaking their assessment based on public transportation data and insights derived from anonymized and aggregated transaction data.

Cubic’s Urban Insights group and Mastercard collaborated on a request from New York City Councilman Ydanis Rodriguez to measure the impact of Car Free Day NYC held in April. As the transportation committee chair of the city’s first Earth Day event, Councilman Rodriguez organized the program with a strong coalition of local support toward the aim of reducing single-occupancy vehicle use and stimulating dialogue around environmental issues.

Shares of Pier 1 Imports Inc (NYSE:PIR), added 6.34 % and shut at $6.21 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $5.90 and $6.28. The association’s commercial center capitalization is $520.43 million with the general uncommon loads of 83.09 million. Pier 1 Imports, Inc. (PIR) recently updated its third quarter fiscal 2017 financial guidance to reflect recent business trends.

“Our merchandise, promotional and marketing programs are resonating well with our customers,” said Alex W. Smith, President and Chief Executive Officer. “Comparable sales quarter-to-date through October grew at a low single-digit rate. The election appears to have disrupted sales during the first ten days of November but we anticipate that sales trends will improve as we move through the month. We are seeing strength in our gross margin – a result of great merchandise, balanced promotional activity and efficiency improvements in the supply chain. Based on trends so far this quarter, we now expect our fiscal third quarter results to be at the high-end of our formerly guided ranges for comparable and net sales, merchandise margin, earnings per share and adjusted earnings per share.”

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