Shares of Michael Kors Holdings Ltd (NYSE:KORS) ended Tuesday session in green amid volatile trading. The shares closed up +0.02 points or 0.04% at $50.32 with 2.41 million shares getting traded. Post opening the session at $50.26, the shares hit an intraday low of $49.95 and an intraday high of $51.04 and the price vacillated in this range throughout the day. The company has a market cap of $8.71 billion and the numbers of outstanding shares have been calculated to be 169.01 million shares.
Michael Kors Holdings Ltd (KORS) recently declared that Robin Freestone has been designated to the Company’s Board of Directors, effective right away. The appointment of Mr. Freestone brings the Company’s Board membership to nine, and the Company will have seven independent directors.
Mr. Freestone is an esteemed FTSE 100 executive with noteworthyexperience across a broad array of international businesses. From 2006 through August 2015, Mr. Freestone was Chief Financial Officer of Pearson Plc, having formerly served as Deputy Chief Financial Officer since 2004. Before that, he held a number of senior financial positions at Amersham plc from 2000 to 2004, Henkel Chemicals UK Ltd from 1995 to 2000 and ICI/Zeneca Agrochemicals Ltd (now Syngenta) from 1985 to 1995. He began his financial and accounting career at Touche Ross (now Deloitte). Presently, Mr. Freestone also serves as a non-executive director of Smith and Nephew plc and moneysupermarket.com.
“We are very happy that Robin is joining our Board,” said John D. Idol, the Company’s Chairman and Chief Executive Officer. “He is a very talented global business leader. His diverse background and broad international experience will add meaningful value to our organization and shareholders.”
Shares of BRF SA (ADR) (NYSE:BRFS) ended Tuesday session in green amid volatile trading. The shares closed up +0.41 points or 2.48% at $16.92 with 1.71 million shares getting traded. Post opening the session at $16.58, the shares hit an intraday low of $16.55 and an intraday high of $17.14 and the price vacillated in this range throughout the day. The company has a market cap of $14.18 billion and the numbers of outstanding shares have been calculated to be 798.97 million shares.
BRF SA (ADR) (BRFS) producing, and slaughtering poultry and pork in Brazil. It also engages in processing and selling fresh meat, processed foods, pasta, sauce, mayonnaise, frozen vegetables and soybean by-products. Its product portfolio consists of whole chickens and frozen cuts of chicken, turkey, and pork; ham products, bologna, sausages, frankfurters, and other smoked products; hamburgers, breaded meat products, and meatballs; lasagnas, pizzas, cheese breads, pies, and frozen vegetables; margarine, sauces and mayonnaise; and soy meal and refined soy flour, and animal feed.