On Thursday, Shares of General Mills, Inc. (NYSE:GIS), subtract -2.66% and closed at $61.07 in the last trading session. The last trading range of the stock ranges between $60.81 and $62.51. General Mills (GIS) recently declared the election of Alicia S. Boler Davis to its board of directors.
Boler Davis presently serves as executive vice president, Global Manufacturing at General Motors, where she leads about 180,000 employees in more than 30 countries. She is a member of the GM Executive Leadership Team, the Opel Supervisory Board and the GM Korea Board of Directors.
“Alicia brings to our board a strong technical background in manufacturing, engineering, and quality, coupled with a passion for putting the consumer first to drive results in a highly competitive industry,” said Ken Powell, General Mills Chairman and CEO. “Her insights and experience will be invaluable as we continue to expand the impact of our global Consumer First strategy and deliver sustainable, long-term growth and returns for General Mills shareholders.”
Servicesource International Inc (NASDAQ:SREV), jumped 8.96% and closed at $5.35 in the last trading session. The last trading range of the stock ranges between $4.96 and $5.59. The company’s Market capitalization is $475.51 Billion with the total Outstanding Shares of 86.93 million. ServiceSource® (SREV), the global leader in customer success and revenue lifecycle administration solutions, recently declared financial results for the third quarter ended September 30, 2016.
“In the third quarter we further accelerated the trajectory of the business, with sustained improvements across all key financial metrics,” said Christopher M. Carrington, CEO of ServiceSource. “On a non-GAAP basis, year-over-year revenue growth raised to 5.0%, gross profit margins expanded nearly 600 basis points, and adjusted EBITDA improved materially to $4.1 million. Thanks to the great work of our teams around the world, our client relationships are stronger than ever. We continue to take on expanded scope across our accounts that makes us an even more mission-critical partner delivering the customer and revenue growth outcomes they need in the emerging outcome economy.”
GAAP revenue was $62.5 million in the third quarter, representing a 5.2% increase from the $59.4 million delivered in same the period in the prior year. Non-GAAP revenue was $62.5 million, reflecting a 5.0% increase from the same period in the prior year.