On Tuesday, Shares of Bank of America Corporation (NYSE:BAC), lost -0.45% to $17.69.
While companies around the world are taking note of the growing emergence of mobile and digital payment applications, many treasury departments still grapple with the continued existence and enormous cost of paper payments. Clients at the Bank of America Merrill Lynch Conference on Payments and Commercial Card continued to identify that fully converting their payments to electronic was their No. 1 priority in improving their working capital in 2015. The second-highest priority was expanding their card program or adopting mobile/digital business-to-consumer payments. These and other findings were revealed during the two-day event recently held in Phoenix.
This year’s conference, themed “Pay Everywhere: Extending Your Reach,” drew 300 representatives from 175 companies and government agencies based in Asia Pacific, Europe, Latin America and North America. The program featured BofA Merrill experts and other senior industry leaders who spoke on a range of topics, such as how companies can globalize their card programs; new and anticipated innovations in mobile technology; and analyses of regulatory changes influencing payments and cards.
Industry speakers included:
- Wayne Best, global economist, Visa, who gave the keynote speech
- James Carroll, SVP – Innovation, MasterCard
- Karen Webster, CEO, Market Platform Dynamics and founder of PYMNTS.COM
Bank of America Corporation is a bank holding company. The company, through its auxiliaries, operates through Consumer and Business Banking; Consumer Real Estate Services; Global Wealth and Investment Administration; Global Banking; Global Markets; and Other segments.
Shares of Netflix, Inc. (NASDAQ:NFLX), declined -1.04% to $124.05, during its last trading session.
Producer and Netflix Chief Content Officer Ted Sarandos and his wife, former ambassador Nicole Avant, have put their home in the Beverly Hills flats area on the market for $9.35 million, according to Los Angeles times.
The couple bought the house five years ago from fashion designer Max Azria and his wife, Lubov, for $5.41 million.
Sarandos, 51, has overseen content acquisition for Netflix since 2000, counting the streaming media service’s shift toward original programming. Avant, 47, served as the U.S. ambassador to the Bahamas from 2009 to 2011.
Jonah Wilson of Hilton & Hyland, an associate of Christie’s International Real Estate, is the listing agent. Los Angeles times Reports.
Netflix, Inc., an Internet television network, engages in the Internet delivery of TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally. The company operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD. It also provides DVDs-by-mail membership services.
Finally, The Hain Celestial Group, Inc. (NASDAQ:HAIN), ended its last trade with -6.92% loss, and closed at $63.65.
The Hain Celestial Group declared the election of Raymond W. Kelly to its Board of Directors effective August 13, 2015. Raymond Kelly, who served as the Police Commissioner of the City of New York for 14 years, has been President of Risk Administration Services for Cushman and Wakefield, Inc. since March 2014, which offers clients tailored solutions to manage and mitigate risks around the world. In his role he focuses on assisting clients identify potential vulnerabilities to prepare and manage risk across critical areas counting physical and cyber security, crisis administration, due diligence and site selection in addition to emergency preparedness.
Preceding to joining Cushman and Wakefield, Raymond Kelly had a 50-year tenure in public service, as one of the worlds’ most well-known and highly esteemed leaders in law enforcement. In New York City, he established the first counterterrorism bureau of any municipal police department in the country in addition to a global intelligence program and established a real-time crime center, a state of the art facility using data mining. Raymond Kelly also served as Commissioner of the U.S. Customers Service and as Undersecretary for Enforcement at the U.S. Treasury Department, where he supervised the department’s enforcement bureaus counting the U.S. Customs Service, the U.S. Secret Service, The Bureau of Alcohol, Tobacco and Firearms and the Federal Law Enforcement Training Center. Raymond Kelly holds a BBA from Manhattan College, a JD from St. John’s University School of Law, an LLM from New York University Graduate School of Law and an MPA from the Kennedy School of Government at Harvard University in addition to numerous honorary degrees.
With the addition of Raymond Kelly to Hain Celestial’s Board of Directors there are now eight board members.
The Hain Celestial Group, Inc., together with its auxiliaries, manufactures, markets, distributes, and sells organic and natural products in the United States, the United Kingdom, Canada, and Europe.
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