On Friday, Ross Stores, Inc. (NASDAQ:ROST)’s shares declined -0.08% to $48.44.
Ross Stores, Inc. (ROST) declared that it will take part in the Goldman Sachs Global Retailing Conference to be held in New York on September 9-10, 2015.
Administration’s presentation is planned at about 10:35 a.m. Eastern time on Wednesday, September 9, 2015. A live audio webcast will be accessible at www.rossstores.com. To access the webcast, go to the Investors section, click on the icon and follow the instructions. A replay will be accessible after the presentation at the same website address.
Ross Stores, Inc., together with its auxiliaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brand names in the United States. It primarily offers apparel, accessories, footwear, and home fashions. The company 1,260 Ross Dress for Less stores in 33 states, the District of Columbia, and Guam that sell its products at everyday savings of 20% to 60% off department and specialty store regular prices primarily to middle income households; and 165 dd’s DISCOUNTS stores in 15 states that sell its products at everyday savings of 20% to 70% off moderate department and discount store regular prices to moderate income households. Ross Stores, Inc. was founded in 1982 and is headquartered in Dublin, California.
CBRE Group Inc (NYSE:CBG)’s shares dropped -3.02% to $31.79.
CBRE Group, Inc. (CBG) declared that it has closed on a new $400 million term-loan facility. The new facility comprises a $270 million term loan that matures in five years and has an initial interest rate of LIBOR+115 basis points, or about 1.35% presently, and a $130 million term loan that matures in seven years and has an initial interest rate of LIBOR+160 basis points, or about 1.80% presently. The $270 million term loan is pre-payable at any time without penalty, and the $130 million term loan is pre-payable at any time without penalty after September 3, 2017.
The new term loan facility follows the completion of a $600 million investment grade senior notes offering in August. The senior notes mature in 2026 and have an interest rate of 4.875%.
CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. The company operates through Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Administration; and Development Services segments. It provides advisory services, such as planned advice and execution to owners, investors, and occupiers of real estate in connection with leasing, disposition, and acquisition of property; integrated investment sales and debt/structured financing services under the CBRE Capital Markets brand; and valuation services, counting market value appraisals, litigation support, discounted cash flow analyses, feasibility and fairness opinions, and property condition and environmental consulting, in addition to originates and services commercial mortgage loans.
At the end of Friday’s trade, Voya Financial Inc (NYSE:VOYA)‘s shares dipped -1.38% to $41.44.
Voya Financial, Inc. (VOYA), declared that its broker-dealer, Voya Financial Advisors, has launched a hybrid registered investment advisory (RIA) platform. As a result of this launch, certain financial advisors associated with Voya Financial Advisors have the ability to operate with greater flexibility to meet a wide range of customer needs while enabling them to build and expand their practices. The broker-dealer’s advisory business grew to $9.92 billion in 2014, up 25 percent from the previous year, reflecting a focus on positioning advisors to deliver holistic advice that can assist clients get ready to retire better by planning, investing and protecting their savings.
One of the major themes in the independent financial advisor space in recent years has been the noteworthy growth of the hybrid RIA firm. Between 2004 and 2013, the number of advisors who adopted a hybrid RIA business model grew 21.8 percent annually, according to Cerulli Associates’ 2014 Intermediate Distribution report.
Voya Financial, Inc. operates as a retirement, investment, and insurance company in the United States. The company has five segments: Retirement, Annuities, Investment Administration, Individual Life, and Employee Benefits. The Retirement segment offers tax-deferred employer-sponsored retirement savings plans and administrative services in corporate, education, healthcare, and government markets; and rollover individual retirement accounts and other retail financial products, in addition to financial advisory services to individual customers.
Discovery Communications Inc. (NASDAQ:DISCK), ended its Friday’s trading session with -2.36% loss, and closed at $25.23.
Discovery Communications ( DISCA) will report third quarter 2015 results on Tuesday, November 3, 2015, at 7:00 a.m. ET. The company will host a conference call at 8:30 a.m. ET to talk about the results.
To access the conference call in the U.S. dial 1-800-901-5213, or outside of the U.S. dial 1-617-786-2962, and use the following passcode: DISCA. Please dial in about 10 minutes in advance to ensure you are connected proceeding to the starting of the call.
Discovery Communications, Inc. operates as a media company. The company operates through U.S. Netoperates; International Netoperates; and Education and Other segments. The company owns and operates television netoperates under the brands, such as Discovery, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey network, Eurosport, DMAX, and Discovery Kids. Its content spans genres, counting survival, exploration, sports, lifestyle, general entertainment, heroes, adventure, crime and investigation, health, and kids.
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