During Tuesday’s Current trade, Shares of Umpqua Holdings Corp (NASDAQ:UMPQ), lost -0.98% to $16.25.
Umpqua Bank, a partner of Umpqua Holdings Corporation (UMPQ), is unveiling an initiative to counter the increasing impact financial stress has on Americans’ health. The campaign, which comprises an original short film, interactive exhibit and podcast series, is designed to inspire conversations about personal financial growth.
According to the American Psychological Association, 64 percent of Americans experience noteworthy stress around money. For millennials, that number enhances to 75 percent, and it continues to rise for parents, with 77 percent listing money as a major source of stress. Furthermore, stress-related symptoms are the most common reason people go to the doctor.
Umpqua Holdings Corporation, through its auxiliaries, engages in the commercial and retail banking, and retail brokerage businesses. It operates through two segments, Community Banking and Home Lending.
Shares of TRI Pointe Group Inc (NYSE:TPH), declined -3.69% to $13.56, during its current trading session.
TRI Pointe Homes Northern California ( TPH), a member of the TRI Pointe Group, declared recently the launch of TRI Pointe Connect as its in-house mortgage company, making California the eighth state in the nation to offer mortgage services through the new company.
TRI Pointe Connect will offer an integrated team of mortgage loan consultants on-site in the Northern California market, who will provide personalized service, competitive rates, and a wide portfolio of mortgage products to TRI Pointe Homes homebuyers — all intended to make the home buying process simple and smooth.
Imortgage is one of the nation’s top five nonbank retail mortgage lenders whose new home builder platform has produced the highest customer service scores of all U.S lenders as measured by Eliant in 2014. TRI Pointe Connect is the company’s first lending service and will be launched across all six TRI Pointe Group homebuilding brands. TRI Pointe Connect’s focus will be on delivering competitive mortgage products, personalized service and an improved buying experience.
TRI Pointe Group, Inc., through its partner, TRI Pointe Homes, Inc. designs, constructs, and sells single-family homes in the United States. The company also develops and sells land and lots.
Ingersoll-Rand PLC(NYSE:IR), during its Tuesday’s current trading session decreased -2.17% to $53.62.
Ingersoll Rand (IR), a world leader in creating comfortable, sustainable and efficient environments, has been named to the 2015 Dow Jones Sustainability World and North America Indices for the fifth successive year. Ingersoll Rand’s placement on this index series further solidifies its position as an economic, environmental and social leader in its industries.
Ingersoll Rand products and services assist save energy, transport food and perishables, and spur economic growth. Our business operations reflect a longstanding commitment to innovation, sustainability and corporate citizenship aimed at leading the way to a better world. Our economic, environmental and social contributions enhance the company’s financial results, creating value for our employees, shareholders and business partners.
Ingersoll-Rand plc, together with its auxiliaries, designs, manufactures, sells, and services a portfolio of industrial and commercial products. It operates through Climate and Industrial segments.
Finally, HD Supply Holdings Inc (NASDAQ:HDS), decreased -1.43%, to $32.13.
HD Supply Holdings, Inc. (HDS), one of the largest industrial distributors in North America, recently stated Net sales of $2.0 billion for the second quarter of fiscal 2015 ended August 2, 2015, an enhance of $126 million, or 6.7 percent, as contrast to the second quarter of fiscal 2014. The company believes its sales performance represents growth of about 300 — 400 basis points in excess of its market growth estimate.
On July 15, 2015, the company declared that it had reached a definitive agreement to sell its HD Supply Power Solutions business unit, a leading provider of a diverse product and service offering serving investor-owned utility, public power, construction and industrial markets, to Anixter Inc. The purchase price of $825 million is payable in cash at closing, with predictable cash proceeds to the company of about $800 million, net of transaction costs. The company has now received regulatory approval and the transaction is predictable to close in HD Supply’s third quarter of fiscal 2015. In accordance with Accounting Standards Codification 205-20, Suspended Operations, the results of Power Solutions are classified as suspended operations for all periods presented.
Gross profit raised $54 million, or 8.8 percent, to $665 million for the second quarter of fiscal 2015 contrast to $611 million for the second quarter of fiscal 2014. Gross profit was 33.2 percent of Net sales for the second quarter of fiscal 2015, up about 70 basis points from 32.5 percent of Net sales for the second quarter of fiscal 2014. Despite a challenging environment, the company saw improvement in gross margin as a percentage of Net sales driven by our category administration initiatives and favorable product and services mix.
HD Supply Holdings, Inc. operates as an industrial distributor in North America. The company’s Facilities Maintenance segment offers electrical and lighting items, plumbing, appliances, janitorial supplies, hardware, kitchen and bath cabinets, window coverings, textiles and guest amenities, healthcare maintenance, and water and wastewater treatment products, in addition to heating, ventilating, and air conditioning products.
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