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Friday 29 January 2016
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Friday’s Trade News Buzz on: Las Vegas Sands Corp. (NYSE:LVS), Bank of New York Mellon Corp (NYSE:BK), Interpublic Group of Companies Inc (NYSE:IPG), Pioneer Natural Resources (NYSE:PXD)

On Friday, Las Vegas Sands Corp. (NYSE:LVS)’s shares declined -3.72% to $45.25.

Sands China Ltd. (HK), a majority owned partner of global resort developer Las Vegas Sands (LVS) recently declared the appointment of Wilfred Wong, GBS, JP, as the company’s new president and chief operating officer. Mr. Wong’s appointment is effective November 1, 2015 and he will replace Rob Goldstein (current president and COO of LVS), who has been serving as Sands China’s interim president since earlier this year.

Mr. Wong is joining Sands China after having served in a variety of senior business roles, counting most recently as chairman and chief executive officer of the Hong Kong listed Hsin Chong Construction Group Ltd. Mr. Wong also held top administration positions in a number of other Hong Kong listed companies in the property development and construction business sectors, counting K. Wah International Holdings Limited, Henderson China Holdings Limited and the Shui On Group.

Las Vegas Sands Corp. develops, owns, and operates integrated resorts in Asia and the United States. The company owns and operates The Venetian Macao Resort Hotel, Sands Cotai Central, the Four Seasons Hotel Macao, the Plaza Casino, and the Sands Macao in Macau, the People’s Republic of China.

Bank of New York Mellon Corp (NYSE:BK)’s shares dropped -2.36% to $38.86.

Through the generosity of The Eugene F. Fay Trust, BNY Mellon has awarded operating support grants to 10 Boston-area nonprofits, providing them with critical funding for capacity-building activities. The Eugene F. Fay Trust Mini-Grants Program provides organizations with $5,000 grants for technical assistance and non-programmatic support aimed at strengthening the overall organization or a particular program. BNY Mellon is trustee of the Eugene F. Fay Trust and administers the mini-grants program.

The 2015 Eugene F. Fay Trust Mini-Grant awardees are:

  • Asian American Civic Association – To convert and load legacy data into its new database, Efforts to Outcomes, which will allow AACA to better serve additional clients and track individual outcomes.
  • Boston Chinatown Neighborhood Center – To purchase and install a new wireless router and firewall system, which will enhance BCNC’s efficiency, allow staff to spend more time on direct programming and enable BCNC to focus more on serving its clients.
  • Ethos – To develop a three-year planned plan for its Boston Money Administration Program.
  • FamilyAid Boston – To provide professional developmental trainings for newly promoted managers and support for high-performing administration staff in the organization.
  • Horizons for Homeless Children – To enable Family Advocates to take part in developmental trainings to better equip them to assess and coach families and assist them access services on their way to becoming independent.
  • Irish International Immigrant Center – To purchase technology and office furniture items that will streamline its operations and provide a more confidential and accurate process for meeting with and serving clients.

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.

At the end of Friday’s trade, Interpublic Group of Companies Inc (NYSE:IPG)‘s shares dipped -1.71% to $20.13.

Ranked at the top of our field, Jack Morton is part of the Interpublic Group of Companies, Inc. (IPG). Global brand experience agency Jack Morton Worldwide recently declares a key appointment to its leadership team. Bruce Henderson will join Jack Morton as Chief Creative Officer in January based in the New York office of the agency.

Henderson will leave Geometry Global where he is Chief Creative Officer for North America. Most recently, he guided the merger of the G2, OgilvyAction and JWTAction creative departments, creating Geometry. Preceding to Geometry, Henderson was Group Creative Director at Ogilvy in New York, where he worked on global and US accounts, counting IBM, Siemens, Six Flags, TD Ameritrade and DuPont. Henderson’s work has won numerous awards, counting Clio, Effie, Addy, and Webby Awards.

In addition to charting the agency’s creative vision, Henderson will chair Jack Morton’s global Creative Council, comprised of executive creative directors and senior strategists from across the world, and will oversee the agency’s brand marketing.

The Interpublic Group of Companies, Inc. provides advertising and marketing services. The company operates in two segments, Integrated Agency Netoperates and Constituency Administration Group. It offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines.

Pioneer Natural Resources (NYSE:PXD), ended its Friday’s trading session with -1.60% loss, and closed at $121.86.

Pioneer Natural Resources Company (PXD) declared that its board of directors declared a cash dividend of $0.04 per share on Pioneer’s outstanding common stock. The dividend is payable October 9, 2015, to stockholders of record at the close of business on September 30, 2015.

Pioneer Natural Resources Company engages in the exploration and production of oil and gas in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle.

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