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Wednesday 23 September 2015
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Active Stocks News Update: Bank of America Corp (NYSE:BAC), Mondelez International Inc (NASDAQ:MDLZ), Under Armour Inc (NYSE:UA), Medtronic PLC (NYSE:MDT)

On Wednesday, Bank of America Corp (NYSE:BAC)’s shares inclined 0.12% to $16.33.

Bank of America declared a series of improvements to mobile and online banking to better meet customers’ changing needs and make it easier for users to manage their finances digitally. The new updates comprise the introduction of fingerprint and Touch ID sign-in, in addition to the launch of an Apple Watch mobile banking app, streamlined “Accounts Overview” page and new Security Center for more than 31 million active digital banking customers.

Fingerprint and Touch ID sign-in:

The new fingerprint and Touch ID sign-in capabilities provide eligible Android, iPhone and iPad customers with a secure and convenient way to log into the mobile banking app using their fingerprint. This feature allows access to the most common functionality of the app without the additional need for a passcode. As part of the bank’s ongoing commitment to staying ahead of advancements in mobile device authentication, the technology supporting fingerprint sign-in was built according to FIDO (Fast IDentity Online) standards.

Mobile banking app compatible with Apple Watch:

The mobile banking app is now compatible with Apple Watch, allowing users to view account balances and recent transactions for their linked checking, savings, credit card and investment accounts, in addition to receive real-time alerts and notifications on their wrist. The functionality requires enrollment with Bank of America’s mobile banking app and is compatible with iPhone 5 devices or later, operating on iOS 8.2.

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.

Mondelez International Inc (NASDAQ:MDLZ)’s shares gained 0.12% to $43.04.

At the Barclays Global Consumer Staples conference recently, Mondelēz International updated investors on aggressive cost-reduction programs and outlined how the company is increasing investments to accelerate revenue growth.

Reinventing the Global Supply Chain and Delivering World-Class Productivity

Gladden offered an update on the company’s journey to reinvent its global supply chain, which is now delivering world-class productivity of more than 3 percent of cost of goods sold.

In addition, Gladden highlighted the company’s efforts to reconfigure its manufacturing network. Since 2012, Mondelēz International has closed, sold or streamlined 78 production facilities, and accomplished or declared the construction of 14 greenfield or brownfield sites, with 40 new state-of-the-art manufacturing lines predictable to be on-stream by year-end 2015.

Mondelez International, Inc., through its auxiliaries, manufactures and markets snack food and beverage products worldwide. The company offers biscuits, counting cookies, crackers, and salted snacks; chocolates, and gums and candies; powdered beverages and coffee; and cheese and grocery products.

At the end of Wednesday’s trade, Under Armour Inc (NYSE:UA)‘s shares surged 4.82% to $103.46.

Stephen Curry made a surprise appearance at Under Armour’s Global Headquarters in Baltimore recently to join Founder and CEO Kevin Plank in announcing the extension of his partnership with the brand through 2024. In 2015, Curry established himself as one of the game’s best players, capturing the league MVP award and leading the Golden State Warriors to their first championship in 40 years.

Under Armour launched Curry’s first signature basketball shoe, the Curry One, and his signature apparel collection in February 2015. Since its launch, the Curry One has continued to almost fully sell out across all retail distribution channels. The Curry Two recently launched in Asia as part of Curry’s first-ever Under Armour tour of the region, and it will launch in the U.S. and globally on October 24.

The brand will continue to grow Curry’s signature footwear line and collection of products through year-round initiatives and raised global availability.

In addition, Curry will continue to play a central role in global brand marketing campaigns, counting training, lifestyle offerings and Under Armour’s Connected Fitness™ platforms. Curry’s integration into the brand’s suite of Connected Fitness apps, which will assist elevate his game and enhance his fitness regimen, will comprise designing new training programs that will be accessible for all consumers.

Under Armour, Inc., together with its auxiliaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot, cold, and in between the extremes.

Medtronic PLC (NYSE:MDT), ended its Wednesday’s trading session with 0.27% gain, and closed at $70.12.

Medtronic (MDT) and the Minnesota Vikings recently declared a 10-year partnership that comprises the exclusive sponsorship of Medtronic Plaza, the three-acre gateway between downtown Minneapolis and U.S. Bank Stadium; a community service program with the Vikings; and a permanent display of the history of medical technology innovation that will be featured in the Medtronic Club inside the stadium.

Located adjacent to the west entrance of U.S. Bank Stadium, Medtronic Plaza will provide a place for people to meet and celebrate before and after games, concerts and events throughout the year. It is estimated that 85 percent of people entering U.S. Bank Stadium will enter through Medtronic Plaza.

Medtronic`s partnership with the Minnesota Vikings is the latest example of the company`s ongoing presence in the local community which comprises supporting institutions such as the Minnesota Zoo, the Science Museum of Minnesota, the Bakken Museum in addition to initiatives that advance health and healthcare access through partnerships and programs with many non-profit organizations. Last year, Medtronic employees in Minnesota gave more than $21.9 million to charitable organizations with the assistance from Medtronic`s matching gift program.

Medtronic plc manufactures and sells device-based medical therapies worldwide. The company’s Cardiac and Vascular Group segment offers pacemakers, implantable cardioverter defibrillators, implantable cardiac resynchronization therapy devices, AF products, diagnostics and monitoring devices, and remote monitoring and patient-centered software; and heart valves, percutaneous coronary intervention stent products, surgical valve replacement and repair products, endovascular stent grafts, and peripheral vascular intervention products.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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