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Tuesday 29 September 2015
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News Review: PNC Financial Services Group (NYSE:PNC), Tyco International (NYSE:TYC), Sangamo Biosciences, (NASDAQ:SGMO), Paychex, (NASDAQ:PAYX)

On Friday, PNC Financial Services Group Inc (NYSE:PNC)’s shares declined -2.08% to $87.66.

The PNC Financial Services Group, Inc. (PNC) declared that it anticipates to issue financial results for the third quarter on Wednesday, Oct. 14, 2015. PNC Chairman, President and Chief Executive Officer William S. Demchak and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 11 a.m. (EDT).

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It operates through six segments: Retail Banking, Corporate & Institutional Banking, Asset Administration Group, Residential Mortgage Banking, BlackRock, and Non-Planned Assets Portfolio. The Retail Banking segment offers deposit, lending, brokerage, investment administration, and cash administration services to consumer and small business customers through branch network, ATMs, call centers, online banking, and mobile channels.

Tyco International PLC (NYSE:TYC)’s shares dropped -2.07% to $35.41.

Tyco (TYC) Chief Executive Officer George R. Oliver will speak at Morgan Stanley’s third annual Laguna Conference in Laguna Beach, Calif., on Thursday, Sept. 17, 2015, at 8:10 a.m., Pacific Time. A live webcast of the presentation and supporting materials will be accessible on the company’s website at: http://investors.tyco.com/.

Tyco International Ltd. designs, sells, installs, and services security, fire detection, suppression, and life safety products worldwide. It operates in three segments: North America Installation & Services, Rest of World Installation & Services, and Global Products. Its electronic security systems comprise detection devices; asset protection and security administration systems; anti-theft systems; access control solutions, such as integrated security administration systems, access control solutions applications, alarm administration panels, door controllers, readers, keypads, and cards; video system solutions, such as digital video administration systems, matrix switchers and controllers, digital multiplexers, programmable cameras, monitors, and liquid crystal interactive displays; and burglar alarms and interactive security systems, such as alarm control panels, keypads, sensors, and central station receiving equipment for homes and businesses.

At the end of Friday’s trade, Sangamo Biosciences, Inc. (NASDAQ:SGMO)‘s shares dipped -0.9% to $6.57.

Sangamo BioSciences, Inc. (SGMO), a leader in therapeutic genome editing, declared that the company and its collaborator, Shire plc (LSE: SHP, NASDAQ: SHPG), have agreed to revise their January 2012 partnership and license agreement to expedite the development of ZFP Therapeutics for hemophilia A and B and Huntington’s disease.

Sangamo BioSciences, Inc., a clinical stage biopharmaceutical company, focused on the research, development, and commercialization of engineered DNA-binding proteins as novel therapeutic products for various monogenic and infectious diseases with unmet medical needs. Its proprietary zinc finger DNA-binding protein (ZFP) technology enables precise and highly specific genome modification and gene regulation.

Paychex, Inc. (NASDAQ:PAYX), ended its Friday’s trading session with -0.87% loss, and closed at $44.31.

The Paychex | IHS Small Business Jobs Index reduced 0.17 percent from July to August, bringing the national index to 100.48. Little movement in recent months gave way to August’s decline. The index was down 0.51 percent from August 2014. The East North Central continued as the top-performing regional index despite a slight decrease month over month. Wisconsin surpassed Washington to lead among states tracked by the index, while Dallas has continued success as the top-ranked metro area for 11 straight months.

Paychex, Inc. provides payroll, human resource, insurance, and benefits outsourcing solutions for small to medium-sized businesses in the United States and Germany. The company offers payroll processing services that comprise the calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and administration reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients’ payroll obligations.

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