Shares of The Coca-Cola Co (NYSE:KO) ended Wednesday session in red amid volatile trading. The shares closed down -0.44 points or -1.03% at $42.15 with 15.52 million shares getting traded. Post opening the session at $42.63, the shares hit an intraday low of $42.03 and an intraday high of $42.76 and the price vacillated in this range throughout the day. The company has a market cap of $184.26 billion and the numbers of outstanding shares have been calculated to be 4.32 billion shares.
The Coca-Cola Co (KO) on September 26, 2016 announced that Evan G. Greenberg, 61, has informed the Company that he will resign from the Company’s Board of Directors, effective Oct. 1, 2016. Greenberg said his decision was based on increased demands on his time resulting from an acquisition by his company earlier this year to create Chubb Limited, of which he is now the Chairman and Chief Executive Officer.
Greenberg commented: “Due to increasing demands on my time following a major recent acquisition by my company, I have decided to resign from The Coca-Cola Company’s Board of Directors to devote my full attention to my expanded business commitments as Chairman and CEO of Chubb Limited. I have enjoyed the opportunity of serving on the board over the past few years and believe the Company has strong plans in place for the future. I have every confidence in the Company’s leadership and wish Muhtar Kent and James Quincey well as they build an exciting future for the Company and its many stakeholders.”
Muhtar Kent, Chairman and Chief Executive Officer, The Coca-Cola Company, said: “On behalf of everyone at Coca-Cola, I want to thank Evan for his leadership and service to our board. We have benefitted greatly from Evan’s deep experience and perspective, and we wish him every success as he dedicates his time to leading Chubb’s business into the future.”
Shares of Apple Inc. (NASDAQ:AAPL) ended Wednesday session in green amid volatile trading. The shares closed up +0.86 points or 0.76% at $113.95 with 29.64 million shares getting traded. Post opening the session at $113.69, the shares hit an intraday low of $112.34 and an intraday high of $114.64 and the price vacillated in this range throughout the day. The company has a market cap of $29.64 million and the numbers of outstanding shares have been calculated to be 5.39 billion shares.
On September 28, 2016 Apple® and Deloitte announced a partnership to help companies quickly and easily transform the way they work by maximizing the power, ease-of-use and security the iOS platform brings to the workplace through iPhone® and iPad®. As part of the joint effort, Deloitte is creating a first-of-its-kind Apple practice with over 5,000 strategic advisors who are solely focused on helping businesses change the way they work across their entire enterprise, from customer-facing functions such as retail, field services and recruiting, to R&D, inventory management and back-office systems.
Apple and Deloitte will also collaborate on the development of a new service offering from Deloitte Consulting called EnterpriseNext, designed to help clients fully take advantage of the iOS ecosystem of hardware, software and services in the workplace. The new offering will help customers discover the highest impact possibilities within their industries and quickly develop custom solutions through rapid prototyping.
“We know that iOS is the best mobile platform for business because we’ve experienced the benefit ourselves with over 100,000 iOS devices in use by Deloitte’s workforce, running 75 custom apps,” said Punit Renjen, CEO of Deloitte Global. “Our dedicated Apple practice will give global businesses the expertise and resources they need to empower their mobile workforce to take advantage of the powerful ecosystem iOS, iPhone and iPad offer, and help them achieve their ambitions, while driving efficiency and productivity.”
“As the leader in digital transformation strategy, Deloitte is an ideal partner that brings a team of Apple-dedicated strategic advisors to help clients truly revolutionize how they work using iOS, iPhone and iPad,” said Tim Cook, Apple’s CEO. “iPhone and iPad are transforming how people everywhere get work done. And through this partnership, we’re able to help even more businesses tap into the incredible capabilities that only the Apple ecosystem can deliver.”