On Thursday, Shares of Bank of America Corp (NYSE:BAC), lost -0.19% to $15.56.
Bank of America Corporation declared the launch of an online community development financial institution (CDFI) directory to connect small businesses to more capital. This nationwide directory, www.bankofamerica.com/cdfi, will enable entrepreneurs and small business owners to find a CDFI in their community, creating an opportunity to access funding to assist grow their businesses.
Many small business owners and others are unaware that CDFIs are nearby and can provide capital and technical support counting business plan development, marketing basics, administration training and more. CDFIs are private-sector local loan centers that offer financing for small businesses, affordable housing and other economic revitalization projects, primarily within low- and moderate-income communities. CDFIs are often a good source of capital for those who may not qualify for a traditional bank loan.
The directory comprises about 120 CDFIs that are financially supported by Bank of America and lend to small businesses across the United States. The directory enables users to enter their location and desired loan amount, resulting in a list of local CDFIs from which to choose. A potential applicant can easily initiate contact and start the loan application process.
Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers, small- and middle-market businesses, institutional investors, corporations and Governments with a range of banking, investing, asset administration and other financial and risk administration products and services.
Shares of EMC Corporation (NYSE:EMC), inclined 0.21% to $24.21, during its last trading session.
WANdisco (WAND.L) the leading provider of continuous-availability software for global enterprises to meet the challenges of Big Data, recently declared a new partnership with industry-leading storage systems vendor EMC Corporation (EMC). Through this partnership, large enterprises with production Hadoop deployments can take advantage of the unique capabilities offered by combining EMC Elastic Cloud Storage (ECS) and EMC Isilon storage systems with WANdisco Fusion™ patented replication technology.
With WANdisco Fusion, Hadoop clusters running on EMC’s ECS and Isilon storage systems, in addition to other HDFS compatible storage in both public and private cloud environments integrate to provide a compriseent view of an organization’s data across all clusters and locations, without downtime or data loss, to meet the most demanding SLAs. At the same time, customers can scale up their Hadoop deployments to double their current size by converting formerly read-only standby backup and recovery servers and clusters to full production use.
“This new partnership with EMC demonstrates that WANdisco Fusion’s technology is critical for enterprise’s with Hadoop deployments that span multiple distributions and storage systems, and it’s something customers have been asking for,” said David Richards, WANdisco CEO and Co-Founder. “WANdisco Fusion continuous availability and performance can be designed into the customer’s Big Data infrastructure from the start, ensuring their Hadoop deployments can exceed the most demanding SLAs and scale up rapidly without additional hardware and other infrastructure costs.”
EMC Corporation (EMC) is a service provider to information technology (IT) operations to an as a service model (ITaaS). It develops, delivers and supports the IT industry’s range of information infrastructure and virtual infrastructure technologies, solutions and services. EMC manages the Company as part of a federation of businesses: EMC Information Infrastructure, VMware Virtual Infrastructure and Pivotal.
Shares of Dunkin Brands Group Inc (NASDAQ:DNKN), declined -12.24% to $43.00, during its last trading session.
Baskin-Robbins is part of the Dunkin’ Brands Group, Inc. (DNKN) family of companies.
Baskin-Robbins, the world’s largest chain of ice cream specialty shops, recently declared a lineup of wickedly good frozen treats, counting its new Piñata Pumpkin Patch Cake, to celebrate Halloween all month long. Perfect for candy lovers, this new ice cream cake is dressed up like a jack-o-lantern and features a candy-filled center. When guests cut into their Piñata Pumpkin Patch Cake they’ll be surprised with a delicious cascade of candy.
In addition, Baskin-Robbins is putting a spooky spin on a classic favorite with the new OREO® Cookie Halloween Cake, featuring the brand’s traditional OREO® Cookie Cake decorated in orange and topped with festive Halloween OREO® Cookies. Baskin-Robbins’ ice cream cakes can be customized with any ice cream flavor, counting the October Flavor of the Month, Trick OREO® Treat, or the seasonal rich and creamy Pumpkin Pie ice cream, and can be purchased in-store or online at www.baskinrobbins.com/onlineordering.
A returning favorite, Trick OREO® Treat is Baskin-Robbins’ fun twist on the candy-filled trick-or-treat bag on Halloween night. This flavor features vanilla-flavored ice cream packed with Halloween OREO® cookies, together with Baby Ruth® and Butterfinger® candy pieces for an ice cream flavor so delicious it’s terrifying. Trick OREO® Treat ice cream can be enjoyed in a cup or cone, or in a Milkshake, throughout the month of October at participating Baskin-Robbins locations nationwide.
Dunkin’ Brands Group, Inc. is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, in addition to hard serve ice cream. The Company franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands.
Finally, Enterprise Products Partners L.P. (NYSE:EPD), ended its last trade with 5.70% gain, and closed at $26.32.
Enterprise Products Partners declared that Carin M. Barth and William C. Montgomery have been elected directors to the board of directors of its general partner, Enterprise Products Holding LLC, effective right away.
Ms. Barth is the founder and president of LB Capital, Inc., a private equity firm with investments in the energy, manufacturing and financial sectors. She formerly served as interim senior vice president of Finance and Administration of Texas Southern University and chief financial officer of the U.S. Department of Housing and Urban Development. Ms. Barth is a director on the boards of Bill Barrett Corporation, Western Refining, Inc., Black Stone Minerals, L.P. and Planned Growth Bank Incorporated. Ms. Barth formerly served as a commissioner on the Texas Department of Public Safety.
Mr. Montgomery is a managing director with Quantum Energy Partners, a leading provider of private equity capital to the North America energy sector. His career comprises 22 years of investment banking experience. Before joining Quantum, Mr. Montgomery was a partner with Goldman, Sachs & Co. and served as head of the Americas Natural Resources Group. He serves as a director on the boards of Apache Corporation and seven of Quantum’s portfolio companies.
Enterprise Products Partners L.P. is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products.
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