On Friday, KeyCorp (NYSE:KEY)’s shares declined -0.44% to $13.51.
KeyCorp (KEY) will declare third quarter 2015 earnings on Thursday, October 15, 2015, before the market opens. A conference call will be held at 9:00 a.m. ET to review financial results, strategy and outlook.
KeyCorp was organized more than 160 years ago and is headquartered in Cleveland, Ohio. One of the nation’s largest bank-based financial services companies, Key has assets of about $94.6 billion.
KeyCorp. operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States. The company’s Key Community Bank segment offers deposit and investment products; personal finance services, and loans, counting residential mortgages, home equity, credit cards, and various installment loans for individuals; deposits, investment and credit products, and business advisory services to small businesses; and financial, estate and retirement planning, and asset administration services to high-net-worth clients.
Twenty-First Century Fox Inc (NASDAQ:FOXA)’s shares dropped -0.23% to $26.45.
The National Geographic Society and 21st Century Fox declared recently that they have reached a contract to expand their highly successful 18-year partnership through which they have owned and operated the properties in National Geographic Channels, a joint venture of domestic and international cable television channels which together reach more than 500 million households globally.
The National Geographic Society is a 501(c)(3) non-profit organization focused on its mission of science, exploration and education. Consideration for the transaction is valued at $725 million. As a result, the Society’s endowment will significantly enhance to nearly $1 billion. The new entity will be owned 73 percent by 21st Century Fox and 27 percent by The National Geographic Society with a shared governance structure and equal representation on the board of directors. The Board Chair will alternate annually, with Gary Knell, National Geographic Society President and CEO, serving as the Board’s first Chairman.
Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. It operates through Cable Network Programming; Television; Filmed Entertainment; and Other, Corporate and Eliminations segments. The company produces and licenses news, sports, entertainment, television, and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies, and online video distributors. It also broadcasts network programming; and operates 28 broadcast television stations, counting 11 duopolies in the United States.
At the end of Friday’s trade, Xerox Corp (NYSE:XRX)‘s shares surged 1.16% to $10.43.
Forty-four people across the nation die each day from overdosing on prescription painkillers, or opioids, according to the Centers for Disease Control and Prevention. Xerox (XRX) is working with MO HealthNet, the state’s Medicaid division, to address the prescription drug abuse epidemic through the implementation of technology that provides real-time data and alerts to ensure that opioids are prescribed and used safely and effectively.
Xerox also utilizes medical claims data via MO HealthNet to send out notification letters to physicians of patients who may be receiving prescriptions from other providers. Since September 2013, 300 providers received notification about 1,491 patients who appeared to be over-utilizing opioids without a supporting diagnosis. The letter provides indicators of drug abuse, together with the patient’s profile and a recommendation that the doctor reevaluate the patient’s treatment plan. Within six months, there was a 73.9 percent reduction in the number of target patients flagged for overutilization. MO HealthNet also saw a savings of more than $44,000 in intervention-related drug expenditures during the six-month post-intervention period.
Xerox Corporation provides business process and document administration solutions worldwide. The company’s Services segment offers various business process outsourcing services, such as customer care, transaction processing, human resources, communication and marketing, and consulting and analytics services, in addition to finance, accounting, and procurement services. This segment also provides business process outsourcing services in the healthcare, transportation, financial services, retail, and telecommunications areas; and document outsourcing services, counting managed and centralized print services. Its Document Technology segment offers desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises.
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