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CG Stocks Broker Alerts- WhiteWave Foods Co (NYSE:WWAV), Pitney Bowes Inc. (NYSE:PBI)

Shares of WhiteWave Foods Co (NYSE:WWAV) ended Friday session in green amid volatile trading. The shares closed up +0.06 points or 0.10% at $55.66 with 1,516,361 shares getting traded. Post opening the session at $55.67, the shares hit an intraday low of $55.53 and an intraday high of $55.81 and the price vacillated in this range throughout the day. The company has a market cap of $9.88 billion and.

WhiteWave Foods Co (WWAV) announced that it has established a special meeting date of October 4, 2016, for its stockholders to, among other things, consider and vote on a proposal to approve the previously announced Agreement and Plan of Merger with Danone S.A. and July Merger Sub Inc., an indirect wholly owned subsidiary of Danone, under which Danone will acquire WhiteWave for $56.25 per share in an all-cash transaction. The Board of Directors of WhiteWave recommends that stockholders vote in favor of the merger with Danone.

WhiteWave stockholders as of the close of business on the record date of August 25, 2016, will be entitled to receive notice of, and to vote at, the special meeting.

WhiteWave continues to expect the transaction to close by the end of the year, subject to the approval of WhiteWave’s shareholders, regulatory approvals, and customary conditions.

Shares of Pitney Bowes Inc. (NYSE:PBI) ended Friday session in red amid volatile trading. The shares closed down -0.02 points or -0.11% at $18.91 with 1,419,612 shares getting traded. Post opening the session at $18.99, the shares hit an intraday low of $18.82 and an intraday high of $19.10 and the price vacillated in this range throughout the day. The company has a market cap of $13.10 million and the numbers of outstanding shares have been calculated to be 185.59 million shares.

Pitney Bowes Inc. (PBI) on August 31, 2016 announced that it has been recognized as a Leader in The Forrester Wave™: Geospatial Analytics Tools And Platforms, Q3 2016. This is the third market assessment in six months positioning Pitney Bowes as a Leader, following The Forrester Wave™: Customer Analytics Solutions, Q1 2016 and The Forrester Wave™: Master Data Management, Q1 2016.

In this major market evaluation, Forrester recognizes Pitney Bowes as being among geospatial vendors that were evaluated for:

  • Current offerings that include architecture, analysis, and capabilities to serve a broad range of users as well as prebuild solutions for horizontal and vertical uses.
  • Strategy for pricing and acquisition, company and product road map, and ability to support implementation.
  • Market presence, including customer numbers, revenue, and partners.

More specifically, Pitney Bowes received the highest scores possible in: spatial data sources; enrichment data sources; included enrichment data sources; cloud data sources; geocoding; security; buffers; edges and polygons; multi-table editing; labelling; grid analysis; time-series analysis; visualizations; model deployment; integrations; line of business and BI analysts; GIS professionals; and acquisition and pricing.

“Pitney Bowes delivers a scalable spatial solution connected for commerce,” writes Rowan Curran, Forrester Research, in the report. “Pitney Bowes offers a scalable spatial platform that GIS professionals require, but the vendor also helps many other users of geospatial technology and data accelerate adoption by leveraging the power of its Spectrum Technology Platform and enabling its wider software solutions with spatial capabilities.”




About Steve Johnson

Steve Johnson was previously writing news on part time basis with many consumer goods websites. Now Steve Johnson is writing columns with us on consumer goods. He has no match the way he presents the news on consumer goods. Customers like his news, analysis and predictions.

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