On Tuesday, Shares of General Electric Company (NYSE:GE), gained 0.72% to $26.66.
General Electric Company and Pitney Bowes (PBI) declared an alliance to develop customized asset performance administration (APM) applications for Pitney Bowes and its Enterprise Business Solutions customers. All of the services will be built on and powered by Predix, GE’s software platform for the Industrial Internet. This will enable Pitney Bowes to analyze data generated from its own production mailing and shipping machines and those of its clients to provide client and productivity services, and job scheduling capabilities that improve business outcomes.
Pitney Bowes clients, such as financial institutions, telecommunications providers, and insurance firms, are producing and mailing hundreds of thousands of transactional and direct mail pieces daily. By combining the physical and digital elements of high-speed production mail operations and leveraging big data analytics, they will gain greater visibility, raised productivity, noteworthy operational efficiencies and more reliable services for their machines.
With applications based on GE Predix, Pitney Bowes will also be able to improve asset performance and drive operational efficiencies for its on-site and on-call service models. The custom-built APM solutions will be designed to assist Pitney Bowes proactively identify, diagnose and resolve asset service issues even before the client is aware, reducing and eliminating downtime. The applications will also assist Pitney Bowes clients drive machine, personnel, factory site and company-wide operational productivity. These services will provide business opportunity for Pitney Bowes as they offer these applications and their benefits to customers.
General Electric Company (GE) operates as an infrastructure and financial services company worldwide. The company’s Power and Water segment offers gas, steam and aeroderivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment.
Shares of Invesco Ltd. (NYSE:IVZ), inclined 1.36% to $38, during its last trading session.
Invesco Ltd., stated preliminary month-end assets under administration (AUM) of $803.6 billion, a decrease of 1.1% month over month. The decrease was driven by unfavorable market returns and net outflows in money market. These declines were partially offset by positive foreign exchange, long-term net inflows and inflows into the PowerShares QQQ. FX raised AUM by $3.9 billion. Preliminary average total AUM for the quarter through June 30 were $810.9 billion, and preliminary average active AUM for the quarter through June 30 were $666.7 billion.
Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client focused equity, balanced, and fixed income portfolios.
Finally, Golar LNG Ltd. (NASDAQ:GLNG), ended its last trade with 2.72% gain, and closed at $44.19.
Golar LNG Limited, advises that its 2015 Annual General Meeting will be held on September 23, 2015. The record date for voting at the Annual General Meeting is set to July 28, 2015. The notice, agenda and associated material will be distributed preceding to the meeting.
Golar LNG Limited, a midstream liquefied natural gas (LNG) company, engages in the transportation, regasification, liquefaction, and trading of LNG.
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