Shares of JD.Com Inc (ADR) (NASDAQ:JD) ended Monday session in red amid volatile trading. The shares closed down -0.18 points or -0.69% at $26.05 with 8.59 million shares getting traded. Post opening the session at $26.34, the shares hit an intraday low of $25.93 and an intraday high of $26.48 and the price vacillated in this range throughout the day. The company has a market cap of $37.74 billion and the numbers of outstanding shares have been calculated to be 2.89 billion shares.
JD.Com Inc (ADR) (JD) on Aug. 31, 2016 announced it will be the exclusive authorized online retailer in China for the popular Wolf Blass Red Label brand, comprising 12 wines, including two wines that will be available for the first time on a Chinese e-commerce platform, Moscato and Pink Moscato.
Announcement represents an expansion of the strategic partnership between Treasury Wine Estates (TWE), one of the world’s largest wine companies, and JD.com launched in June 2015. Since then, the range of TWE wines available on JD.com has increased to include eight of its brands, encompassing more than 50 wines, with JD.com becoming one of TWE’s largest e-commerce partners in China.
“Our partnership with JD.com has enabled us to continue to grow brand awareness and consumer demand for our wines in China, and we are very excited to further expand this partnership to include our popular Wolf Blass Red Label,” said Robert Foye, TWE’s President and MD Asia, Europe & Latin America. “JD.com’s deep understanding of China’s rapidly growing audience of wine consumers, commitment to providing the best imported wines, reputation for authenticity, and seamless logistics solutions make it the ideal e-commerce partner for us in China.”
Shares of Xerox Corp (NYSE:XRX) ended Monday session in green amid volatile trading. The shares closed up +0.05 points or 0.51% at $9.85 with 8.57 million shares getting traded. Post opening the session at $9.86, the shares hit an intraday low of $9.83 and an intraday high of $9.94 and the price vacillated in this range throughout the day. The company has a market cap of $9.97 billion and the numbers of outstanding shares have been calculated to be 1.01 billion shares.
Xerox Corp (XRX) on September 19, 2016 named to the Dow Jones Sustainability World Index (DJSI World) for the first time and the Dow Jones Sustainability North America Index for the third consecutive year.
In the categories of corporate code of conduct, corporate governance and environmental management and reporting, Xerox exceeded the average score of DJSI World Members. Xerox was one of nine companies in the IT and software services sector to make the DJSI industry list and scored higher than most of the other industry members on all DJSI dimensions (economic, environmental and social).
“To be recognized as a leader in sustainability is validation of our long-standing commitment to corporate social responsibility that is core to our business, operations, products and solutions throughout the world,” said Flor Colon, Xerox Corporate Social Responsibility council chair.