On Thursday, Shares of Verizon Communications Inc. (NYSE:VZ), lost -1.32% to $42.94.
Verizon Ventures declared a new corporate partnership with flagship startup accelerator Grand Central Tech (GCT) to support New York technology startups, providing valuable opportunities for professional development, mentorship, networking, and by supporting GCT events. David Famolari of Verizon Ventures will join the board of GCT to share his expertise and sector experience as a mentor, contribute to the organization through industry connections, in addition to highlight opportunities within Verizon for startups involved with GCT.
A departure from accelerator models that charge rent or equity, GCT provides best-in-class startups with the resources needed to build and scale their business through a yearlong program that offers a year of free space with no equity taken. Verizon Ventures joins GCT’s list of corporate partners, which comprises Microsoft, Google, Intuit, IBM, Goldman Sachs Group, JPMorgan Chase, L’Oreal USA, and PepsiCo Americas Beverages. As part of this relationship, Dave Famolari, Director, Verizon Ventures will serve on GCT’s Planned Advisory Board.
“Verizon Ventures has been a leader in providing promising startups with the tools they need to thrive. With a shared focus on mentorship, professional development, and networking, Verizon Ventures is a welcome addition to our roster of corporate partners,” said Charles Bonello, GCT Co-founder and Managing Director.
Verizon Communications Inc. (Verizon) is a holding company that, acting through its auxiliaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its segments comprise Wireless and Wireline.
Shares of Novavax, Inc. (NASDAQ:NVAX), declined -4.24% to $6.77, during its last trading session.
Novavax, declared that Jody Lichaa has been named Vice President, Quality Assurance. Ms. Lichaa joined Novavax as the Executive Director, Quality Assurance in October 2011. She is responsible for providing strategy, oversight, and direction of the Company’s quality assurance.
Before joining Novavax, she was Senior Director, Quality at PharmAthene from 2005 until 2011, where she managed that company’s global QA/QC activities. Her prior experience comprises quality assurance positions of increasing responsibility in a number of companies counting Baxter, Shire and BioReliance. Ms. Lichaa received her B.S. in Toxicology from Northeastern University.
Novavax, Inc. (Novavax) is a clinical-stage vaccine company engaged in the discovery, development and commercialization of recombinant nanoparticle vaccines and adjuvants. The Company through its recombinant nanoparticle vaccine technology produces vaccine candidates to respond to both known and newly emerging diseases.
Shares of Genworth Financial, Inc. (NYSE:GNW), inclined 1.08% to $4.67, during its last trading session.
Genworth Financial - Providing care for loved ones has taken a toll on the careers of half of caregivers surveyed in Genworth’s latest Beyond Dollars study, with 11 percent actually losing their jobs and another 10 percent having to change careers. That’s in addition to the other financial, physical and emotional impacts of caregiving examined in the study.
Genworth released the survey findings recently during its annual Long Term Care Symposium on Capitol Hill, which brought together many of the nation’s leading caregiver advocates and lawmakers to highlight the challenges of caregiving and explore ways to make that job easier on families. Caregiving responsibilities may comprise assisting with activities such as bathing, dressing and household chores.
Among caregivers surveyed in the study, 51 percent felt that caregiving responsibilities negatively influenced their ability to perform their jobs. That’s not surprising considering these findings:
- 77% stated missing some work during the past year, up 19% from when caregivers were surveyed by Genworth in 2010
- Caregivers missed an average of 7 hours of work per week
- 19% missed 10 or more hours of work per week
Genworth Financial, Inc. is engaged in providing the insurance, retirement and homeownership needs of its customers. The Company operates through three divisions: U.S. Life Insurance, Global Mortgage Insurance and Corporate and Other.
Finally, KeyCorp (NYSE:KEY), ended its last trade with 0.61% gain, and closed at $13.09.
KeyCorp recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date of this dividend was Friday, August 28th.
On other hand, KeyCorp (KEY) has received a sell rating for the short term, according to the latest rank of 4 from research firm, Zacks. The shares could manage an average rating of 2.39 from 18 analysts. 1 analysts rated it as strong sell. 6 market experts have marked it as a strong buy. 1 analysts recommended buying the shares. 10 analysts have rated the company at hold.
KeyCorp is a bank holding company. The Bank operates through its partner, KeyBank National Association, which is engaged in providing banking services. Through KeyBank and other auxiliaries, the Bank provides a range of retail and commercial banking, commercial leasing, investment administration, consumer finance, commercial mortgage servicing and special servicing, and investment banking products and services. The Bank provides these services to individual, corporate and institutional clients.
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