Discovery U.S. Hispanic Networks Announce 2016-2017 Upfront Slate
MIAMI, May 17, 2016 /PRNewswire-HISPANIC PR WIRE/ — Discovery U.S. Hispanic today announced its networks’ 2016-2017 Upfront slate, expanding on popular genres such as adventure and motors for Discovery en Español as well as home and family on the female-focused Discovery Familia.
Logo – http://photos.prnewswire.com/prnh/20160121/324578LOGO
Discovery U.S. Hispanic arrives to this year’s Upfront season with a strong performing first quarter. Discovery en Español not only continued to be the #1 Spanish language cable network in late prime time among persons and women 18-49; the network was also the #1 non-fiction Spanish pay-TV network among persons 18-491. Discovery Familia ended the quarter among the top five Spanish pay-TV channels for women 18-49, with primetime Monday and Thursday, as well as late prime Monday through Sunday as the best ranked nights for the network2.
“Discovery en Español and Discovery Familia offer the best in class non-fiction content to Spanish-speaking consumers,” said Allan Navarrete, General Manager of Discovery U.S. Hispanic. “Our programming nurtures interests and passions that are relevant to Latinos and that no one else is tending to in the Spanish-language pay-TV industry. We are proud to once again bring to advertisers a differentiated and high quality Upfront slate, which will satisfy and inspire our audience.”
Discovery en Español will continue to strengthen key thematic programming nights such as automotive and human adventure with the new series Acero Sagrado (Sacred Steel) as well as Tarzán Americano (American Tarzan) and El Último Ninja (The Last Ninja) respectively. The network is also premiering specials such as Pancho Villa: El Más Buscado and nature documentaries such as La Patagonia (Patagonia Edge Of Earth). Returning favorites include new seasons of the popular original series Mexicánicos and Texas Trocas, Alaska Hombres Primitivos (Alaskan Bush People) and new Barrett-Jackson Live Specials.
Discovery Familia will also introduce new productions from some of its key genres such as home and family. New shows include Pequeña Gran Casa (Project Playhouse), Decorar Sin Gastar (Hidden Money Makeover) and Conoce A Los Putmans (Meet The Putmans). The network will also showcase new seasons of popular series such as Cake Boss, Todo en 90 Días (90 Day Fiance), Cuestión de Altura (My Giant Life) and Kilos Mortales (My 600-lb Life).
The highlights of Discovery U.S. Hispanic’s 2016-2017 Upfront offer include:
DISCOVERY EN ESPAÑOL:
Video and images available at:
https://discovery.box.com/s/wtof4bnkphqwh5wapp0xnf9pt7nl1hcs
NEW SERIES:
AUTOMOTIVE:
Acero Sagrado (Sacred Steel):
Produced by Half Yard Productions, this new series will take viewers inside one of the most exclusive and unusual bike clubs in the world that produces one-of-a-kind pieces of art. Jason Wilson opened shop with Sacred Steel over a decade ago and never looked back, crafting custom fabricated high-end choppers and painstakingly restoring American classics.
Autos Extremos (Wild Rides Alaska):
Alaska 663,000 square miles of some of the toughest, most diverse landscape known to man. There are fortunes to be made in this wild frontier, but those rewards come with great risks and each individual’s life may rely on the vehicle they are driving. Enter Ryan Cropper and his team at Total Truck Customs. The preeminent customs shop in Alaska, they fabricate one-of-a-kind, Alaska-proof cars and trucks to tackle the killer terrain. Far from stock, every part on the vehicle must be transformed.
Harley and The Davidsons:
Based on a true story, HARLEY AND THE DAVIDSONS will tell the story of how Milwaukee schoolyard pals William (Bill) Harley and Arthur Davidson built – and rode – the machines that rule the road. Beginning at the turn of the 20th century, at the shores of Lake Michigan, the series charts the birth of Harley-Davidson during a time of great social and technological change and tells the epic story of how two 19-year-old kids from Milwaukee started a company in their backyard that would go on to become an American legend.
HUMAN ADVENTURE:
Tarzán Americano (American Tarzan):
There was a time when man was truly wild. When survival meant silently stalking your prey barefoot in the forest; climbing high into trees to escape predators; utilizing every resource within reach to protect yourself from the elements. This series is the ultimate challenge that will determine who among this elite breed of man-beasts is the greatest. This is not just a test of surviving Mother Nature. This is a challenge to find who is the ultimate AMERICAN TARZAN.
El Último Ninja (The Last Ninja):
Grandmaster Masaaki Hatsumi is the only ninja left in the world. Now 12 students from all over the world are put to the ultimate test in a 30-day competition like no other where those who survive will enter Hatsumi’s secret order and become the last ninja.
SPECIALS:
La Patagonia (Patagonia Edge of Earth):
Many people will know the iconic name Patagonia – it conjures up visions of the ‘ultimate landscape of the mind’. It is a region that marries towering mountains, vast tablelands, and prolific seas at the southern tip of the New World. This series will for the first time reveal the spectacular landscape, the diversity of habitats, rich wildlife, and remote cultures of Chile in the West and Argentina to the East…the fabled Patagonia.
Costa Rica Salvaje (Wild Costa Rica):
Considered the Jewel of Central America, Costa Rica is one of the most diverse places on earth. Sandwiched between two seas and two continents, nowhere else has so many different habitats squeezed into such a small space.
Manifesto:
Ted Kaczynski, also known as the “Unabomber,” terrified the nation over the span of 20 years from the 1980s through the early 1990s. A new scripted series from Kevin Spacey and Dana Brunetti’s Trigger Street with the pilot script from writer Andrew Sodroski, MANIFESTO will tell the story of how the FBI brought down one of the most infamous criminal masterminds in the world from the point of view of an FBI profiler.
Operación Tucán (Toucan Nation):
This program follows the uplifting story of Grecia, a toucan whose unconscionable abuse sparked international outrage and inspired a national animal welfare movement. Seeking to right a wrong and improve the life of this helpless bird after his beak was mutilated and he was left to die in the Costa Rican countryside, animal rescuers and veterinarians enlist a team of volunteer experts including 3D-printing engineers to design and construct a prosthetic beak. Directed by Emmy®-winner Paula Heredia, (In Memoriam: New York City,) TOUCAN NATION chronicles each step of the journey as they Zooave animal refuge works to save this beautiful bird and activists across Costa Rica rally to bring about lasting change.
Pancho Villa: El Más Buscado (wt):
This is the story of how Pancho Villa, the hero who was adored by many and hated by others, became the most wanted man by the North American army. The leader of the Mexican Revolution whom was a romantic figure for the Americans, part Robin Hood part Casanova, became a target for one of the most powerful armies in the world.
RETURNING SERIES:
Alaska Hombres Primitivos (Alaskan Bush People), Hombres del Ártico (Yukon Men); Desafío X 2 (Dual Survival); Texas Trocas (original production); Mexicánicos (original production); Fast N Loud (El Dúo Mecánico); Diesel Brothers; Secuestrados (House of Horrors: Kidnapped); Instinto Criminal (Killer Instinct with Chris Hansen) and Barrett-Jackson Live.
DISCOVERY FAMILIA:
Video and images available at:
https://discovery.box.com/s/uhgjsrl204dm99w0m8x4ws3t9fahb2i2
HOME:
Pequeña Gran Casa (Project Playhouse):
Tyson and Audy Leavitt are living their dream by creating the most elaborate, over-the-top playhouses in all of North America out of their family-run shop. From castles to pirate ships to fifties diners, these playhouses are a far cry from the foursquare walls and tiny plastic homes you might be expecting—they have amazing angles, details like stone work and furniture straight out of a storybook.
Decorar Sin Gastar (Hidden Money Makeover):
Design expert Jill Martin and handyman Gage Cass show people around the country that their dream makeover isn’t out of reach. The jam-packed hour features real-life homeowners who turn their clutter into cash, and transform their eyesore living spaces into aesthetically-pleasing parts of the home.
Mi Casa En El Bayou (Buying The Bayou):
Expanding the “Buying” franchise that also includes “Buying Alaska” is this series, which transports viewers deep into the swamps, marshes, and waterways of America’s Gulf Coast to see houses that simply can’t be found anywhere else in the country. In each episode, house hunters check out three properties from top to bottom, weigh the pros and cons of each home, then decide which property meets their needs, budgets, and bayou dreams.
FAMILY:
Conoce A Los Putmans (Meet The Putmans):
Bill and Barb Putman seem like the average American family–they’ve been married for 32 years, have 4 great kids and love to spend time with their grandkids. Yet their still-growing family lives a little bit differently than “normal.” That’s right, 25 people live under one roof and share one bathroom, pool all of their finances, and help raise all of the kids as one family unit. Each episode will not only detail the little things that test this family of 25, but also highlight those extreme “for better or worse” moments they experience as both couples and a family.
HEALTH:
Dos En Un Millón (Two In A Million):
Imagine living with one of the rarest medical conditions in the world; having no one to confide in who understands the pain, struggles, and isolation of everyday life. In each episode of Two In A Million, two people who share the same medical struggles meet and spend one week together, sharing hardships and incredible triumphs, visiting world-renowned doctors, and finding answers to important questions.
RETURNING SERIES:
Todo en 90 Días (90 Day Fiance); 4 esposas, 1 marido (Sister Wives), Mi gran boda gitana (My Big Fat Gypsy Wedding); Cuestión de Altura (My Giant Life); Embarazos Extraños (Extraordinary Pregnancies); Kilos Mortales (My 600-lb Life), Vestido de Novia (Say Yes to the Dress), ¡No Te Lo Pongas! (What Not To Wear); Cámbiame el Look (How Do I look?); Cake Boss and Top Chef.
About Discovery U.S. Hispanic
Discovery U.S. Hispanic, a division of Discovery Communications the world’s #1 pay-TV programmer, is comprised of Discovery en Español and Discovery Familia, two networks for Spanish-speaking audiences in the United States. Discovery en Español connects viewers to the world and all its wonder and possibilities through quality programming focusing on bold storytelling across core genres including adventure, ingenuity, natural, history, investigation and current affairs. Discovery Familia is dedicated to Hispanic women and what matters in their lives. During the day the network broadcast a Discovery Kids block, which provides a safe environment for children aged 2-6 with entertaining, curriculum-based programming. In the evening, the channel offers programming for women, focusing on home décor, food, health, beauty and parenting. For more information, please visit www.discoverycommunications.com.
1 Source: Nielsen, Live + SD, P18-49, Primetime MS 7p-11p, Late Prime MS 11p-3am, Q12016
2 Source: Nielsen, Live + SD, w18-49, Primetime MS 7p-11p, Late Prime MS 11p-3am, Q12016
KyMar Farm Distillery Announces the Coming of One of the First Beer-Based Whiskeys on September 1
CHARLOTTEVILLE, New York, May 17, 2016 /PRNewswire-HISPANIC PR WIRE/ — KyMar Farm Distillery is pleased to announce the development of a new beverage, a whiskey made from a beer mash. Currently, there are only a few whiskeys of this type available in the United States. The new product will be available in 375 ml bottles on September 1st.
Logo – http://photos.prnewswire.com/prnh/20160511/366528
Traditionally, whiskey is defined as spirits distilled from a fermented mash of grain such as corn, wheat, or barley. KyMar’s whiskey expands the category: it is brewed from a base of select beer mash and hops, which add depth and complexity to the flavor. The mash is first cooked by KyMar’s brewing partner, then fermented and distilled at KyMar’s Charlotteville location. The whiskey is proofed and aged in new American oak barrels for six months, then mixed into a Solera Aging system that blends previous batches with the next batch coming into the system. All of this contributes to the unique complex flavors of the spirit.
KyMar is also developing a reserve batch of the product, which will be aged between 12 and 18 months in special barrels. Details about the reserve will follow.
“Part of our craft is experimentation! We are thrilled with how well the whiskey that we will be releasing based on Craft Brewers favorite Beers are turning out,” said KyMar founder and distiller, Ken Wortz.
“We’re excited to feature a beer-based whiskey in our portfolio of products,” said Erik Christman. “It’s got a unique flavor that’s rarely been explored in the industry.”
KyMar Farm Distillery is an award-winning craft winery and distillery located in the northern foothills of the Catskills. KyMar specializes in partnering with regional growers to bring local agricultural products from the field to the glass.
2016 Bahamas Junkanoo Carnival hailed as a success
NASSAU, Bahamas, May 16, 2016 /PRNewswire-HISPANIC PR WIRE/ — The second annual Bahamas Junkanoo Carnival presented by BTC was an extraordinary success, said Bahamas National Festival Commission (BNFC) Chairman Paul Major.
“We invested heavily to ensure there was a perfect dose of music, culture and vibes. That investment paid off in a big way. Inside Da Cultural Village during the day we had Rake n’ Scrape, interactive cultural demonstrations and the first ever Junkanoo Carnival Regatta. Every night we had Bahamian and international entertainers electrify the thousands of patrons. And on Saturday, the Road Fever Parade and Aftermath concert provided a fantastic end to the three-day event,” said Major.
“I think Saturday night was the most extraordinary. We probably had 20,000 people. People arrived at 1 am. trying to buy tickets,” he said, referring to the closing concert, which featured Bunji Garlin, Willis and the Illest Band, Puzzle and Taurus Riley, to name a few.
Junkanoo Carnival started Thursday, May 5 with the opening of the Road to Carnival, a path from Festival Place in Downtown Nassau to Da Cultural Village, lined with sculptures by Beadle Works as directional signs. Tourists wound up at Da Cultural Village to take part in cultural contests; watch the regatta, taste uniquely Bahamian food, and participate in the hourly Junkanoo rush outs, among other things.
The nightly concerts were also spectacular with a major highlight of Friday’s Mega Concert being the crowd-pleasing performance of Fanshawn Taylor, who won the Music Masters Song Competition with “Dig Up Da Road”. Along with a $20,000 cash prize, Fanshawn will have her hit recorded and produced by a renowned producer courtesy of Sony Music Entertainment. The promotional deal with Sony includes the design of cover artwork for the single; the coordination of a digital promotional tour in the US and Latin markets and the creation of a comprehensive social media branding strategy for one year, inclusive of a VEVO/YouTube artist channel for online promotion.
Wyclef Jean’s exhilarating performance was another highlight along with the presentation of the Junkanoo Carnival theme song by Bahamian hit-maker D-Mac.
Wyclef expressed his love for the Bahamas to the thousands of people in Clifford Park; paying homage by incorporating a Junkanoo performance into his set.
Roscoe Dames, CEO of the BNFC said Bahamas Junkanoo Carnival is having a phenomenal impact. “Everyone put their best foot forward for these events and can be proud of the roles they are playing in boosting the cultural industries. This is unique stuff we are doing here and it is clear that many Bahamians are embracing it.”
“The Bahamas National Festival Commission is blessed to have an amazing title sponsor in BTC. They provided support for every aspect of the festival and through their BTC TV broadcasted the event in 12 Caribbean countries and across the world through their online streaming,” said Dames.
The Home Depot Announces First Quarter Results; Raises Fiscal Year 2016 Guidance
ATLANTA, May 17, 2016 /PRNewswire-HISPANIC PR WIRE/ — The Home Depot®, the world’s largest home improvement retailer, today reported sales of $22.8 billion for the first quarter of fiscal 2016, a 9.0 percent increase from the first quarter of fiscal 2015. Comparable store sales for the first quarter of fiscal 2016 were positive 6.5 percent, and comp sales for U.S. stores were positive 7.4 percent.
Net earnings for the first quarter of fiscal 2016 were $1.8 billion, or $1.44 per diluted share, compared with net earnings of $1.6 billion, or $1.21 per diluted share, in the same period of fiscal 2015. For the first quarter of fiscal 2016, diluted earnings per share increased 19.0 percent from the same period in the prior year.
“We were pleased with our stronger than expected start to the year, driven by solid execution and broad-based growth across the store,” said Craig Menear, chairman, CEO and president. “This was made possible by our hard working associates and their continued dedication to our customers in a quarter marked by week-to-week demand spikes caused by weather variability.”
Updated Fiscal 2016 Guidance
The Company raised its fiscal 2016 sales guidance and now expects sales will be up approximately 6.3 percent and comp sales will be up approximately 4.9 percent. The Company also raised its diluted earnings-per-share guidance for the year and now expects diluted earnings per share to grow approximately 14.8 percent from fiscal 2015 to $6.27.
The Home Depot will conduct a conference call today at 9 a.m. ET to discuss information included in this news release and related matters. The conference call will be available in its entirety through a webcast and replay at earnings.homedepot.com.
At the end of the first quarter, the Company operated a total of 2,275 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs more than 385,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.
Certain statements contained herein constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements may relate to, among other things, the demand for our products and services; net sales growth; comparable store sales; effects of competition; state of the economy; state of the residential construction, housing and home improvement markets; state of the credit markets, including mortgages, home equity loans and consumer credit; demand for credit offerings; inventory and in-stock positions; implementation of store, interconnected retail and supply chain initiatives; management of relationships with our suppliers and vendors; the impact and expected outcome of investigations, inquiries, claims and litigation, including those related to the 2014 data breach; issues related to the payment methods we accept; continuation of share repurchase programs; net earnings performance; earnings per share; dividend targets; capital allocation and expenditures; liquidity; return on invested capital; expense leverage; stock-based compensation expense; commodity price inflation and deflation; the ability to issue debt on terms and at rates acceptable to us; the effect of accounting charges; the effect of adopting certain accounting standards; store openings and closures; guidance for fiscal 2016 and beyond; financial outlook; and the integration of Interline Brands, Inc. into our organization and the ability to recognize the anticipated synergies and benefits of the acquisition. Forward-looking statements are based on currently available information and our current assumptions, expectations and projections about future events. You should not rely on our forward-looking statements. These statements are not guarantees of future performance and are subject to future events, risks and uncertainties – many of which are beyond our control or are currently unknown to us – as well as potentially inaccurate assumptions that could cause actual results to differ materially from our expectations and projections. These risks and uncertainties include but are not limited to those described in Item 1A, “Risk Factors,” and elsewhere in our Annual Report on Form 10-K for our fiscal year ended January 31, 2016 and in our subsequent Quarterly Reports on Form 10-Q.
Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our periodic filings with the Securities and Exchange Commission.
|
THE HOME DEPOT, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS FOR THE THREE MONTHS ENDED MAY 1, 2016 AND MAY 3, 2015 (Unaudited) (Amounts in Millions Except Per Share Data and as Otherwise Noted) |
||||||||||
|
Three Months Ended |
||||||||||
|
May 1, |
May 3, |
% Increase (Decrease) |
||||||||
|
NET SALES |
$ |
22,762 |
$ |
20,891 |
9.0 |
% |
||||
|
Cost of Sales |
14,971 |
13,712 |
9.2 |
|||||||
|
GROSS PROFIT |
7,791 |
7,179 |
8.5 |
|||||||
|
Operating Expenses: |
||||||||||
|
Selling, General and Administrative |
4,281 |
4,163 |
2.8 |
|||||||
|
Depreciation and Amortization |
433 |
419 |
3.3 |
|||||||
|
Total Operating Expenses |
4,714 |
4,582 |
2.9 |
|||||||
|
OPERATING INCOME |
3,077 |
2,597 |
18.5 |
|||||||
|
Interest and Other (Income) Expense: |
||||||||||
|
Interest and Investment Income |
(7) |
(4) |
75.0 |
|||||||
|
Interest Expense |
244 |
197 |
23.9 |
|||||||
|
Interest and Other, net |
237 |
193 |
22.8 |
|||||||
|
EARNINGS BEFORE PROVISION FOR INCOME TAXES |
2,840 |
2,404 |
18.1 |
|||||||
|
Provision for Income Taxes |
1,037 |
825 |
25.7 |
|||||||
|
NET EARNINGS |
$ |
1,803 |
$ |
1,579 |
14.2 |
% |
||||
|
Weighted Average Common Shares |
1,247 |
1,298 |
(3.9) |
% |
||||||
|
BASIC EARNINGS PER SHARE |
$ |
1.45 |
$ |
1.22 |
18.9 |
|||||
|
Diluted Weighted Average Common Shares |
1,252 |
1,305 |
(4.1) |
% |
||||||
|
DILUTED EARNINGS PER SHARE |
$ |
1.44 |
$ |
1.21 |
19.0 |
|||||
|
Three Months Ended |
||||||||||
|
SELECTED SALES DATA(1) |
May 1, |
May 3, |
% Increase (Decrease) |
|||||||
|
Number of Customer Transactions |
374.8 |
360.2 |
4.1 |
% |
||||||
|
Average Ticket (actual) |
$ |
60.03 |
$ |
58.60 |
2.4 |
|||||
|
Sales per Square Foot (actual) |
$ |
376.73 |
$ |
353.70 |
6.5 |
|||||
|
(1) |
Selected Sales Data does not include results for the Interline acquisition that was completed in the third quarter of fiscal 2015. |
|
THE HOME DEPOT, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS AS OF MAY 1, 2016, MAY 3, 2015 AND JANUARY 31, 2016 (Unaudited) (Amounts in Millions) |
|||||||||||
|
May 1, |
May 3, 2015(1) |
January 31, 2016 (1) |
|||||||||
|
ASSETS |
|||||||||||
|
Cash and Cash Equivalents |
$ |
3,257 |
$ |
2,827 |
$ |
2,216 |
|||||
|
Receivables, net |
1,989 |
1,839 |
1,890 |
||||||||
|
Merchandise Inventories |
13,219 |
12,306 |
11,809 |
||||||||
|
Other Current Assets |
545 |
520 |
569 |
||||||||
|
Total Current Assets |
19,010 |
17,492 |
16,484 |
||||||||
|
Property and Equipment, net |
22,243 |
22,562 |
22,191 |
||||||||
|
Goodwill |
2,123 |
1,359 |
2,102 |
||||||||
|
Other Assets |
1,200 |
544 |
1,196 |
||||||||
|
TOTAL ASSETS |
$ |
44,576 |
$ |
41,957 |
$ |
41,973 |
|||||
|
LIABILITIES AND STOCKHOLDERS’ EQUITY |
|||||||||||
|
Short-Term Debt |
$ |
— |
$ |
— |
$ |
350 |
|||||
|
Accounts Payable |
8,711 |
8,070 |
6,565 |
||||||||
|
Accrued Salaries and Related Expenses |
1,339 |
1,283 |
1,515 |
||||||||
|
Current Installments of Long-Term Debt |
44 |
3,052 |
77 |
||||||||
|
Other Current Liabilities |
5,055 |
4,597 |
4,017 |
||||||||
|
Total Current Liabilities |
15,149 |
17,002 |
12,524 |
||||||||
|
Long-Term Debt, excluding current installments |
20,904 |
13,738 |
20,789 |
||||||||
|
Other Long-Term Liabilities |
2,188 |
2,013 |
2,344 |
||||||||
|
Total Liabilities |
38,241 |
32,753 |
35,657 |
||||||||
|
Total Stockholders’ Equity |
6,335 |
9,204 |
6,316 |
||||||||
|
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY |
$ |
44,576 |
$ |
41,957 |
$ |
41,973 |
|||||
|
(1) |
The Consolidated Balance Sheets as of May 3, 2015 and January 31, 2016 were retrospectively adjusted to reflect the adoption of Accounting Standards Update (“ASU”) No. 2015-03, “Interest – Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs” and ASU No. 2015-17, “Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes” in the first quarter of fiscal 2016. |
|
THE HOME DEPOT, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE THREE MONTHS ENDED MAY 1, 2016 AND MAY 3, 2015 (Unaudited) (Amounts in Millions) |
|||||||
|
Three Months Ended |
|||||||
|
May 1, |
May 3, |
||||||
|
CASH FLOWS FROM OPERATING ACTIVITIES: |
|||||||
|
Net Earnings |
$ |
1,803 |
$ |
1,579 |
|||
|
Reconciliation of Net Earnings to Net Cash Provided by Operating Activities: |
|||||||
|
Depreciation and Amortization |
486 |
454 |
|||||
|
Stock-Based Compensation Expense |
72 |
69 |
|||||
|
Changes in Working Capital and Other |
1,275 |
1,302 |
|||||
|
Net Cash Provided by Operating Activities |
3,636 |
3,404 |
|||||
|
CASH FLOWS FROM INVESTING ACTIVITIES: |
|||||||
|
Capital Expenditures |
(325) |
(322) |
|||||
|
Proceeds from Sales of Property and Equipment |
4 |
5 |
|||||
|
Net Cash Used in Investing Activities |
(321) |
(317) |
|||||
|
CASH FLOWS FROM FINANCING ACTIVITIES: |
|||||||
|
Repayments of Short-Term Borrowings, net |
(350) |
(290) |
|||||
|
Proceeds from Long-Term Borrowings, net of discounts |
2,989 |
— |
|||||
|
Repayments of Long-Term Debt |
(3,012) |
(10) |
|||||
|
Repurchases of Common Stock |
(1,157) |
(1,125) |
|||||
|
Proceeds from Sales of Common Stock |
29 |
47 |
|||||
|
Cash Dividends Paid to Stockholders |
(862) |
(769) |
|||||
|
Other Financing Activities |
25 |
146 |
|||||
|
Net Cash Used in Financing Activities |
(2,338) |
(2,001) |
|||||
|
Change in Cash and Cash Equivalents |
977 |
1,086 |
|||||
|
Effect of Exchange Rate Changes on Cash and Cash Equivalents |
64 |
18 |
|||||
|
Cash and Cash Equivalents at Beginning of Period |
2,216 |
1,723 |
|||||
|
Cash and Cash Equivalents at End of Period |
$ |
3,257 |
$ |
2,827 |
|||
Heidrick & Struggles Report Released: The Gap Widens: Hispanics Underrepresented in the Boardroom
CHICAGO, May 16, 2016 /PRNewswire-HISPANIC PR WIRE/ — Research conducted by Heidrick & Struggles (Nasdaq: HSII), a premier provider of executive search, leadership consulting and culture shaping worldwide, highlights the persistent underrepresentation of Hispanic directors appointed to boardrooms within the Fortune 500.
Heidrick & Struggles 2016 Board Monitor also showed that the percentages of female director appointments has plateaued. African-Americans continue to be underrepresented in the boardroom as well.
Click to Download the Full Report: http://bit.ly/1T1OrGW
For the seventh consecutive year, the percent of directors of Hispanic origin elected to Fortune 500 boards was sharply lower than the overall representation of Hispanics in the U.S. population. Of 399 new directors appointed by Fortune 500 companies in 2015, only 16 were Hispanic—just 4.0 percent. Over the past seven years, an average of 4.7 percent of new directors have been Hispanic and there has been no discernible upward trend. As the Hispanic share of the U.S. population has grown during those years, the gap of underrepresentation in the boardroom has widened.
“The percentage of Hispanic directors appointed to boards has not improved over the past seven years,” said Bonnie Gwin, vice chairman and co-managing partner of Heidrick & Struggles’ Global CEO & Board Practice, “We live in a hyperconnected world, and global and domestic markets are changing at a rapid pace—the boardroom needs to reflect that level of change, too.”
“The United States has the second-largest Spanish-speaking population in the world, only Mexico’s is greater. U.S. Latinos collectively represent the world’s 14th largest economy, yet Hispanic directors continue to be largely absent from the corporate boardroom in America,” said Cid Wilson, president and CEO of the Hispanic Association on Corporate Responsibility (HACR). “The business case for appointing Hispanic directors has become even more compelling today. Companies need to do more to recruit Latinos into the boardroom if they are to compete successfully for the growing Latino consumers and future talent.”
Despite this clear social and economic impact, there are only nine Hispanic CEOs today in the Fortune 500, leading to a shortage of Hispanic candidates being considered for board seats.
“The focus on board candidates who are sitting or retired CEOs slows the advancement of diversity in the boardroom, because the pool of current and former CEOs is not sufficiently diverse,” Gwin said.
“Experienced general managers, finance executives, and functional leaders can make significant contributions in the boardroom. For example, as companies have looked beyond the CEO ranks to add highly qualified female board directors, that has contributed to a steady, albeit slow, increase in the percentage of women among newly appointed directors.”
Other findings from Heidrick & Struggles 2016 Board Monitor include:
- Women accounted for 29.8 percent of new directors in 2015, up only slightly from 29.2 percent in 2014. The percentage of new female directors had been increasing steadily each year from 18.0 percent in 2009. Last year, Heidrick & Struggles projected that women would account for 50 percent of new directors for the first time in 2024—but with the most recent data, the firm now projects that women will not reach parity with men in numbers of new directors until 2026.
- African-Americans accounted for 9.3 percent of new directors in 2015, up from 8.3 percent in 2014. The percentage of African-American new directors has increased from 5.3 percent in 2009. African-Americans accounted for 12.4 percent of the U.S. population in 2014, up slightly from 12.3 percent in 2010.
- Asian and Asian-American directors accounted for 4.8 percent of board seats filled in 2015, down from 5.3 percent in 2014. Directors of Asian descent have accounted for an average of 5.2 percent of new appointments over the past seven years, with no trend up or down. Overall, people of Asian descent accounted for 5.3 percent of the U.S. population in 2014, up from 4.8 percent in 2010.
About Heidrick & Struggles:
Heidrick & Struggles (Nasdaq: HSII) serves the executive talent and leadership needs of the world’s top organizations as a premier provider of leadership consulting, culture shaping and senior-level executive search services. Heidrick & Struggles pioneered the profession of executive search more than 60 years ago. Today, the firm serves as a trusted advisor, providing integrated leadership solutions and helping its clients change the world, one leadership team at a time. www.heidrick.com.
About the Heidrick & Struggles Board Monitor:
Produced by Heidrick & Struggles’ CEO & Board Practice, the Board Monitor tracks and analyzes trends in non-executive director appointments to Fortune 500 boards each year.
H&S Media Contact:
Lia Randazzo +1 312.731.4003, [email protected]
(Español) Arranca la segunda edición de la MLS Heineken® Rivalry Week con partidos estelares y actividades
Mary Kay’s ‘Beauty That Counts’ Raises $9 Million And Counting To Benefit Women And Children Worldwide
DALLAS, May 16, 2016 /PRNewswire-HISPANIC PR WIRE/ — While lipstick shades can change with the season, a new limited-edition* Mary Kay® Beauty That Counts® Hearts Together® Lipstick has the ability to change lives. Through the cosmetic giant’s global cause-related program, Beauty That Counts®, customers worldwide can make a difference in the lives of women and children simply by purchasing the one-of-a-kind lipstick.
In the U.S., from May 15 through August 14, 2016, Mary Kay Inc. will donate $1 from each sale of the limited-edition* Beauty That Counts® Hearts Together® Lipstick. The philanthropic campaign benefits The Mary Kay Foundation’s annual Shelter Grant Program which provides $3 million in funding each year in support of women’s shelters and survivors of abuse. Mary Kay has a deep commitment to ending abuse and alongside The Mary Kay FoundationSM, has given $50 million to domestic violence prevention and awareness programs throughout the past 15 years.
“At Mary Kay, a key tenet of our corporate identity is the fight against domestic violence and with continued support from the Beauty That Counts® program, we know we are transforming lives in countless ways,” said Anne Crews, Vice President of Public Affairs for Mary Kay Inc. and a board member of The Mary Kay FoundationSM. “The fact is that one in four women in the United States will experience domestic violence in their lifetime. This leaves many shelters at capacity and operating on a lean budget. Thanks to initiatives like Beauty That Counts®, each year the Foundation awards grants to at least one domestic violence shelter in every state, the District of Columbia and Puerto Rico.”
Since the Beauty That Counts® program began in 2008, Mary Kay has donated more than $9 million (USD) to charitable organizations worldwide. As a top beauty brand and direct seller in more than 35 markets, each Mary Kay market participating chooses a local nonprofit organization to support that helps women and children in need.
“Every act of kindness, from lending a helping hand to buying a Hearts Together® lipstick, is a building block of change,” said Sheryl Adkins-Green, Chief Marketing Officer for Mary Kay Inc. “Through the Beauty That Counts® initiative, women worldwide look great and feel good when they wear this limited-edition lipstick because it’s a beauty product that really does give back. For more than five decades, Mary Kay has been committed to enriching women’s lives and making a positive impact while also offering irresistible products. Together with our independent beauty consultants and loyal Mary Kay brand lovers, we are proud to launch this annual global initiative.”
*Available while supplies last.
About Mary Kay
Irresistible products. Positive community impact. Rewarding opportunity. For more than 50 years, Mary Kay has offered it all. With 3.5 million Mary Kay Independent Beauty Consultants and $4 billion in global annual sales, Mary Kay is a top beauty brand and direct seller in more than 35 markets around the world. Discover what there is to love about Mary Kay by connecting with a Mary Kay Independent Beauty Consultant at marykay.com.
About The Mary Kay FoundationSM
The Mary Kay Foundation was founded in 1996, and its mission is two-fold: to fund research of cancers affecting women and to help prevent domestic violence while raising awareness of the issue. Since the Foundation’s inception, it has awarded $34 million to shelters and programs addressing domestic violence prevention and more than $20 million to cancer researchers and related causes throughout the United States. To learn more about The Mary Kay Foundation℠, please visit www.marykayfoundation.org or call 1-877-MKCARES (652-2737).
Mary Kay Inc. Corporate Communications
marykay.com/newsroom
972.687.5332 or [email protected]
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Deepak Chopra and Ismael Cala launch all-new 21-day meditation challenge™ “Destino Extraordinario”
Register for free at http://ismaelcala.com/meditacion
MIAMI, May 16, 2016 /PRNewswire-HISPANIC PR WIRE/ — Beginning May 16, the Chopra Center 21-Day Meditation Challenge in Spanish with Deepak Chopra and Ismael Cala makes learning to meditate easy, fun, and inspiring for people with busy schedules, and busy minds. Created to help hundreds of thousands of people enjoy the life-changing benefits of meditation for mind, body, and spirit, “Destino Extraordinario” is a free online, interactive experience that offers participants:
- Daily audio meditations guided by Deepak Chopra and Ismael Cala
- Practical tips and wisdom for finding your purpose in life through meditation
- A worldwide community of like-minded individuals exploring the gifts of meditation
Registration is currently open for the free, three-week course at http://ismaelcala.com/meditacion
Here are Deepak’s top five reasons to meditate:
- Meditation is the most effective way to manage stress, which is the number one epidemic of modern life.
- Meditation improves your brain, including your focus, memory, and ability to learn.
- Meditation increases creativity and problem solving skills.
- Meditation helps you create more harmonious, loving relationships.
- Meditation decreases depression, anxiety, and insomnia while producing a deep state of peace and wellbeing.
“I’m very excited about partnering with Cala for our new 21-Day Meditation Challenge in Spanish, which is a free online experience that makes it easy for anyone to learn how to meditate and enjoy its many benefits. The theme is ‘Destino Extraordinario’ and each day, participants will be guided in practices to turn their lifelong dreams into a reality, discover their true purpose, and create a life filled with passion, joy, and lasting fulfillment. Meditation is a foundational tool for mind-body wellbeing, and I’m thankful for the opportunity to share it with everyone who wants to learn”, said Deepak.
“I am grateful to Deepak for his continued work with our Hispanic audiences. After wonderful experiences with ‘Creando Abundancia,’ ‘Salud Perfecta,’ and ‘Relaciones Extraordinarias,’ it is my pleasure to share with you our newest Meditation Challenge, ‘Destino Extraordinario.’ I recommend you participate to benefit from all the teachings Deepak has to offer. I’m excited to see how we can increase purpose and passion in all areas of our lives and achieve a state of true connection between mind, body, and spirit,” Cala said.
About Deepak Chopra, M.D.
Deepak Chopra, M.D., F.A.C.P., Founder of the Chopra Center for Wellbeing and the Chopra Foundation, is a world-renowned pioneer in integrative medicine and global and personal transformation, and is Board Certified in Internal Medicine, Endocrinology and Metabolism. He is a Fellow of the American College of Physicians and a member of the American Association of Clinical Endocrinologists. Chopra is the author of more than eighty books published in over forty-three languages, including numerous New York Times bestsellers in both the fiction and nonfiction categories.
About Ismael Cala
Ismael Cala is a journalist, motivational author, and speaker. He hosts the show ‘Cala’ on CNN en Español, a prime-time intimate conversation with the world’s most powerful and relevant personalities. Cala is a regular contributor on Univision’s ‘Despierta America,’ writes a syndicated column for more than 50 publications in Latin America and the U.S. and is one of the most sought-after motivational speakers throughout the continent.