On Wednesday, Shares of Rite Aid Corporation (NYSE:RAD), gained 2.64% to $9.32, hitting its highest level.
Rite Aid Corporation has declared that Ken Martindale, who is presently president and chief operating officer, has been promoted to the newly created position of CEO of Rite Aid stores, effective right away. Martindale, 55, will continue to report to John Standley, Rite Aid’s chairman and CEO, and will retain his role as president of Rite Aid Corporation.
Frank Sheehy, the CEO of EnvisionRx and Web Golinkin, the CEO of RediClinic and Health Dialog, will report to Standley.
Rite Aid Corporation, through its auxiliaries, operates a chain of retail drugstores in the United States. The company sells prescription drugs and a range of other merchandise, counting over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other every day and convenience products.
Shares of Hewlett-Packard Company (NYSE:HPQ), inclined 1.81% to $30.30, during its last trading session.
Hewlett-Packard Company declared the new HP ConvergedSystem 250-HC StoreVirtual (CS 250), a hyper-converged appliance that offers a highly accessible virtual server and storage infrastructure that is configurable in minutes for nearly half the price of competitive systems. This new enterprise-grade solution is designed for virtual desktops and remote office productivity but also offers an easy path to hybrid cloud.
Businesses of all sizes are looking for flexible infrastructure solutions that will allow them to quickly deploy and run new applications. According to IDC, this trend has resulted in a 116 percent year-over-year enhance in hyper-converged systems sales and 60 percent compound annual growth rate (CAGR) anticipated through 2019.
Hewlett-Packard Company, together with its auxiliaries, provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), in addition to the government, health, and education sectors worldwide.
Finally, The Bank of New York Mellon Corporation (NYSE:BK), ended its last trade with 1.16% gain, and closed at $44.40, hitting its highest level.
The Bank of New York Mellon Corporation, has been designated by Banco Santander Chile as the successor depositary bank for its American depositary receipt (ADR) program. Each ADR represents 400 ordinary shares and trades on the New York Stock Exchange under the symbol ‘BSAC.’ Santander Chile’s ordinary shares trade on the Santiago Stock Exchange under the code ‘BSANTANDER.’
As of December 31, 2014, Banco Santander Chile was the largest bank in Chile in terms of total assets and equity, with total assets of US$50.2 billion and equity of US$4.3 billion, employed more than 11,000 people, and had the largest private branch network in Chile, with 474 branches. Headquartered in Santiago, Santander Chile also had one of the best risk ratings in the region with an A+ by Fitch, A by Standard and Poor’s, and Aa3 by Moody’s as of 2014 year end.
The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. It operates through two segments, Investment Administration and Investment Services.
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