On Friday, Ascena Retail Group Inc (NASDAQ:ASNA)’s shares inclined 0.94% to $13.93.
Lane Bryant, the fashion retail chain catering to women sizes 14 to 28, is partnering with the American Cancer Society to host events in support of Breast Cancer Awareness in 11 stores nationwide this weekend.
During each event, well-deserving Breast Cancer survivors will receive makeovers counting hair, makeup, and head-to-toe Lane Bryant outfitting. Each survivor will have her moment in the spotlight as her new look is revealed during the in-store event, where Lane Bryant customers who attend will have the chance to win cause-dedicated products.
Ascena Retail Group, Inc., through its auxiliaries, operates as a specialty retailer of clothing, shoes, and accessories for missy, plus-size women, and tween girls in the United States, Canada, and Puerto Rico.
Vereit Inc (NYSE:VER)’s shares gained 0.52% to $7.77.
VEREIT, Inc. (VER) declared that Michael J. Bartolotta, CPA, has been named Executive Vice President, Chief Financial Officer and Treasurer effective October 5, 2015.
Mr. Bartolotta most recently served as Executive Vice President and CFO for global real estate services firm Cushman & Wakefield. A 35-year veteran of the commercial real estate and financial industries, Mr. Bartolotta has extensive experience in administration, business leadership and working with boards of directors, financial institutions and investors, in addition to an established track record of success in improving finance, IT and general business operations.
VEREIT, Inc. is a publicly owned real estate investment trust. It owns and acquires single tenant, freestanding commercial real estate that is net leased on a medium-term basis, primarily to investment grade credit rated and other creditworthy tenants. The company principally invests in retail and office properties.
At the end of Friday’s trade, MannKind Corporation (NASDAQ:MNKD)‘s shares surged 6.49% to $3.28.
MannKind (NASDAQ:MNKD) has received a consensus recommendation of “Hold” from the ten brokerages that are covering the stock, Market Beat.com reports. Three research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $4.65.
MannKind Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutic products for diabetes in the United States. Its lead product is AFREZZA inhalation powder, an insulin to control high blood sugar in adult patients with type 1 and type 2 diabetes. MannKind Corporation was founded in 1991 and is headquartered in Valencia, California.
Schlumberger Limited. (NYSE:SLB), ended its Friday’s trading session with 3.96% gain, and closed at $70.33.
The Houston office of Accenture PLC (NYSE:ACN) looks to challenge the position of top three administration consultancy firms in Houston, and its declared acquisition of the consulting arm of Schlumberger Ltd. (NYSE:SLB) will assist it get there, according to Business Journals.
“Houston is the fourth-largest city in the U.S.,” said Blake Pounds, managing director at Accenture’s Houston office. “So, Houston should be the company’s fourth-largest office (nationwide).”
Accenture presently has 1,795 employees in Houston, according to the company. Pounds would like to see that number reach 2,200 over the next few years.
Accenture’s Houston office is strongly rooted in services for the energy industry. Pounds said the office regularly does work for the “super majors” all across the value chain — upstream, midstream and downstream.
Acquiring the business consulting arm of Schlumberger, roughly 200 or so personnel, will give Accenture the local strategy consulting boost that its clients are seeking, said Pounds. Energy companies are looking to cut costs, and having consultants that they don’t need to fly in is a noteworthy cost advantage, he added. Accenture’s Houston office is strongly rooted in services for the energy industry. Pounds said the office regularly does work for the “super majors” all across the value chain — upstream, midstream and downstream.
Acquiring the business consulting arm of Schlumberger, roughly 200 or so personnel, will give Accenture the local strategy consulting boost that its clients are seeking, said Pounds. Energy companies are looking to cut costs, and having consultants that they don’t need to fly in is a noteworthy cost advantage, he added. Business Journals Reports.
Schlumberger Limited supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industries worldwide. The company operates through Reservoir Characterization Group, Drilling Group, and Production Group segments.
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