On Wednesday, Shares of Coty Inc (NYSE:COTY), added 4.67% and closed at $25.10 in the last trading session. The last trading range of the stock ranges between $24.03 and $25.10. Coty Inc. (COTY) declared recently that it has accomplished the merger of The Procter & Gamble Company’s fine fragrance, color cosmetics, salon professional and hair color and certain styling businesses (“P&G Specialty Beauty Business”) into Coty. Coty is now the third-leading beauty company in the world, with about $9 billion in revenue. As a combined company, Coty will also hold the number one position in fragrances, and number two and three positions in salon hair and color cosmetics, respectively.
As formerly declared, following the completion of the merger, Camillo Pane became the new Chief Executive Officer of Coty. Commenting, Pane said, “It is my great privilege to take over the reins of leadership at such a transformational moment. Recently marks a new chapter in Coty’s rich heritage. With this merger, we have brought together a powerful portfolio of much loved beauty brands and some of the world’s most talented people in beauty and consumer goods. I believe this combination, together with our distinctive entrepreneurial culture, focused and lean operating structure, and efficient earnings model, will facilitate Coty to be a challenger in the beauty industry. We aim to relentlessly pursue superior products and solutions, build brands that inspire and facilitate consumers to celebrate and liberate their own individual beauty.”
Groupon Inc (NASDAQ:GRPN), jumped 0.38% and closed at $5.31 in the last trading session. The last trading range of the stock ranges between $5.27 and $5.39. The company’s Market capitalization is $3.09 Billion with the total Outstanding Shares of 572.78 Million. OrderUp from Groupon (GRPN) declared that its on-demand food delivery service has expanded to Providence. Starting recently, residents and businesses in downtown, Federal Hill, College Hill, Hope Street and Fox Point can use the OrderUp from Groupon mobile app to have food delivered directly to their doorstep from some of the area’s best local restaurants.
“We’re thrilled to bring OrderUp to Providence and give our customers easy access to the food they want, when they want it,” said Dan Roarty, senior vice president of food and drink, Groupon. “Providence is recognized as a top food destination where you can get just about everything from an amazing burger to incredibly fresh seafood, and many of the restaurants on our platform haven’t offered delivery until now.”
General Growth Properties Inc (NYSE:GGP), LOST -1.66% and closed at $26.10 in the last trading .session. The last trading range of the stock ranges between $25.89 and $26.82. During the 52-week trading session the minimum price at which share price traded, registered at $24.43 and reached to max level of $32.10. General Growth Properties, Inc. (GGP) will report financial and operational results for the third quarter 2016 after the close of business on Monday, October 31, 2016, and host a conference call for shareholders and other interested parties at 8:00 a.m. Central (9:00 a.m. Eastern) on Tuesday, November 1, 2016. The information to be talked about during the call will be contained in the earnings release and supplemental financial package which will be available on the Shareholders section of the company’s website.