On Tuesday, Shares of Bank of America Corporation (NYSE:BAC), gained 1.03% to $16.72.
Bank of America Chicago Marathon recognizes Hillary Gelfman as the fifth recipient of the Richard M. Daley and Maggie Daley Award.
The award was established in 2010 to honor the Bank of America Chicago Marathon participant who raised the most funds for charity through the annual world-class event. As a member of Team in Training, the fundraising program for The Leukemia & Lymphoma Society (LLS), Gelfman raised more than $88,000 during the 2014 race for Team Vickie, a team she organized in honor of her sister.
The fundraising efforts of more than 10,000 marathon runners contributed to an event record $17.7 million raised for the benefit of 195 charities during the 2014 Bank of America Chicago Marathon. Since the charity program was officially established in 2002, participants have raised more than $132 million for local, national and global causes.
Bank of America Corporation, through its auxiliaries, provides banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, large corporations, and governments worldwide.
Shares of Zions Bancorporation (NASDAQ:ZION), surged 6.71% to $30.52, during its last trading session, after the regional bank declared a corporate restructuring.
As part of the restructuring Zions said it will consolidate seven bank charters into one while maintaining local CEOs, local pricing, local credit authority, and local branding. The company will also create a new Chief Banking Officer position, consolidate risk functions, and “various non-customer facing operations.”
The company hopes to achieve an efficiency ratio in the low 60s by fiscal year 2017 as a result of the restructuring. Zions will maintain “noninterest expense below $1.60 billion in 2015 and 2016, and increasing somewhat in 2017,” not taking into account severance and other restructuring-related items.
Zions Bancorporation, a financial holding company, provides a range of banking and related services in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming.
At the end of Tuesday’s trade, Shares of Xerox Corporation (NYSE:XRX), gained 0.17% to $11.48.
Xerox Corporation, is enabling accelerated adoption of robotic process automation (RPA) services with the latest expansion of its automation software portfolio.
Automation has reached an inflection point in the business process outsourcing (BPO) industry where mature automation tools are now readily accessible to redesign routine, manual tasks –such as data entry – roles typically performed by humans who can now be re-deployed to higher value roles.
As more clients seek to accelerate their adoption of automation tools, Xerox’s new, packaged offerings enable faster deployment, scalability and time to value. The first tools of the automation package are being offered as part of the Xerox® ClearSight™ suite of products and comprise:
Xerox ClearSight™ Automated Intelligence
Xerox developed this general purpose software to mimic human actions by routing or processing data based on specific rules. The software works with any data source (i.e. emails, spreadsheets) and can be programmed to perform simple routines to complex processes.
This software creates a user interface or communication link that can read data entering a specific process through a business app, web app or contact center and can direct the data to the appropriate application or process.
Xerox ClearSight Case Administration
This robotic software controls the business process workflow plus what the users see on their computer screens, creating an easy-to-use, fully integrated product that can be deployed in various industries. For example, this software application can be used to train customer care agents and to assist respond to callers’ inquiries. The application eliminates the need for extensive agent training on where to find the answers to common customer inquiries.
When handling a call, the application knows where to retrieve the correct information while recording/logging information from the entire call for future calls. This tool organizes information by topic and delivers it to the agent’s touch screen as an icon for easy access. Agents can focus on callers instead of multiple software and legacy applications.
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.
Finally, Weatherford International plc (NYSE:WFT), ended its last trade with 3.15% surge, and closed at $14.39, after analysts at JPMorgan initiated coverage on the stock with an “overweight” rating and a $19 price target.
The price target represents a potential 39% upside from the stock’s current price.
The firm believes that the company will see a noteworthy upside after it completes the divestiture of its non-core assets, which is predictable to enhance its operational leverage.
Analysts at JPMorgan presently have a consensus price target of $16 on the oil service provider.
Weatherford International public limited company provides equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide.
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