Shares of Viavi Solutions Inc (NASDAQ:VIAV) ended Friday session in green amid volatile trading. The shares closed up +0.13 points or 1.79% at $7.39 with 1,539,089 shares getting traded. Post opening the session at $7.29, the shares hit an intraday low of $7.24 and an intraday high of $7.40 and the price vacillated in this range throughout the day. The company has a market cap of $1.75 billion and the numbers of outstanding shares have been calculated to be 232.30 million shares.
Viavi Solutions Inc (VIAV) announced that the proxy materials for its 2016 Annual Meeting of Stockholders have been filed with the U.S. Securities and Exchange Commission (SEC) and are available online at www.viavisolutions.com/investors.
Viavi stockholders may obtain printed materials free of charge by following the instructions provided on the Company’s investor relations website or in the “Notice of Internet Availability of Proxy Materials” that was mailed to stockholders of record as of September 19, 2016.
Viavi will hold its 2016 Annual Stockholders Meeting on Tuesday, November 15, 2016 at 9:00 a.m. Pacific Time. The meeting will be held at 690 North McCarthy Boulevard in Milpitas, California.
Shares of JD.Com Inc (ADR) (NASDAQ:JD) ended Friday session in green amid volatile trading. The shares closed up +0.11 points or 0.42% at $26.09 with 6,577,301 shares getting traded. Post opening the session at $26.01, the shares hit an intraday low of $25.92 and an intraday high of $26.32 and the price vacillated in this range throughout the day. The company has a market cap of $37.82 billion and the numbers of outstanding shares have been calculated to be 2.89 billion shares.
On Sept. 08, 2016 JD.com, Inc. (JD), China’s largest e-commerce company by revenue, and Bacardi, the world’s largest privately held spirit producer, have jointly announced a strategic partnership under which JD.com will become Bacardi’s strategic e-commerce partner for its full line of products in China, marking a significant move to further build Bacardi’s brand and business in the country.
Under the new agreement, Chinese consumers will have online access through JD.com to the most iconic and popular imported spirit brands, including BACARDÍ® rum, GREY GOOSE® vodka, DEWAR’S® blended Scotch whisky, BOMBAY SAPPHIRE® gin, MARTINI® vermouth and sparkling wines, and other leading brands in the Bacardi portfolio.
The cooperation will also include online promotions of Bacardi products available exclusively on JD.com, as well as customized brand marketing support. The two companies will work together to bring China’s cocktail culture to the next level through promotions that educate Chinese consumers on how to prepare and enjoy cocktails prepared with premium Bacardi spirits.
“This strategic cooperation with JD.com is a major step for Bacardi’s e-commerce development in China,” said Paul Chin, Chief Executive Officer of Bacardi Greater China, North Asia and Oceania. “Bacardi’s premium spirits are essential to the world’s favorite cocktails. Working with JD.com helps us effectively target discerning Chinese consumers by providing the most convenient and trustworthy online channel for purchasing premium Bacardi products.”