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Shares of GoPro Inc (NASDAQ:GPRO) ended Friday session in red amid volatile trading. The shares closed down -0.78 points or -6.53% at $11.16 with 29.46 million shares getting traded. Post opening the session at $10.00, the shares hit an intraday low of $9.90 and an intraday high of $12.47 and the price vacillated in this range throughout the day. The company has a market cap of $1.52 billion and the numbers of outstanding shares have been calculated to be 102.94 million shares.

GoPro Inc (GPRO) declared financial results for its third quarter ended September 30, 2016.

Recent GoPro Highlights Include:

Launched HERO5 Session and HERO5 Black, the most powerful, easy-to-use GoPros ever. The HERO5 generation of cameras features voice control supporting seven languages, simplified UI with fewer buttons, improved image quality, high-performance in-camera video stabilization, and the ability to auto-upload photos and videos to the cloud for easy access and editing using a smartphone and the Quik app.

HERO5 Black features a touch display for improved ease of use.

In the U.S., launched GoPro Plus, a cloud-based subscription service that makes it easy to auto-upload footage from a GoPro camera to a GoPro Plus cloud account for on-the-go access, editing and sharing using a smartphone and the Quik app.

Introduced new version of Capture app. Capture app allows users to preview and play back shots, control their GoPro and share content on the fly using their smartphone.

Updated Quik mobile app. Quik – with more than 18 million downloads — is a fast, easy way to create awesome videos. Quik monthly active users have nearly doubled since May.

Shares of Avon Products, Inc. (NYSE:AVP) ended Friday session in red amid volatile trading. The shares closed down -0.30 points or -4.81% at $5.94 with 6.61 million shares getting traded. Post opening the session at $6.19, the shares hit an intraday low of $5.91 and an intraday high of $6.23 and the price vacillated in this range throughout the day. The company has a market cap of $2.60 billion and the numbers of outstanding shares have been calculated to be 437.02 million shares.

Avon Products, Inc. (AVP) declared the election of Jose Armario to its Board of Directors, effective September 6, 2016. Mr. Armario will serve on the Compensation and Administration Development Committee.

Mr. Armario served in various leadership roles at McDonald’s Corporation for nearly two decades, retiring in 2015.  His roles at McDonald’s included Group President, Latin America and Canada, and President and International Relationship Partner, Latin America.  Mr. Armario is credited with leading the company’s turnaround in Latin America and was responsible for driving improved business results and expansion in Canada, in addition to leading international franchising.  Mr. Armario’s final role at McDonald’s was as Executive Vice President, Worldwide Supply Chain, Development and Franchising of McDonald’s Corporation.  Mr. Armario was responsible for the strategy, execution and results of each department’s key aims, counting $25 billion in supply chain purchases globally on a yearly basis, one billion in new store capital for growth in key markets and assisting establish the right ownership strategy across all geographies.

Before joining McDonald’s, Mr. Armario held roles of increasing responsibility at Lenscrafters, Inc. and Burger King Corporation, where he started his career.  Mr. Armario has served on the Board of USG Corporation since 2007, where he is on the Audit Committee and Compensation and Organization Committee. He also serves on the President’s Council of the University of Miami (FL). Mr. Armario earned an associate’s degree in business administration from Miami Dade College and an M.S. in professional administration from the University of Miami School of Business.

 

 

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