On Thursday, Shares of Bank of America Corp (NYSE:BAC), gained 0.06% to $15.76. The stock attained the volume of 79.06 million shares.
In conjunction with The NeuGroup’s Assistant Treasurers’ Group of Thirty (AT30) meeting that took place September 29-30, Bank of America Merrill Lynch shared experiences and best practices about working through these changes with treasury leadership from several Bay Area corporations.
Large corporate the world over are working with their key banking partners to secure a continuity of key treasury services as market participants adapt to new regulations. Compounding the challenge is that Dodd-Frank, Basel III and a host of other regulatory initiatives are being implemented at a time of unprecedented central bank policy change and, as a result, volatile global financial conditions. This puts additional pressure on global companies from all industries to ensure they have adequately prepared for the most extreme scenarios of changes to the global finance climate.
Bank of America Merrill Lynch is thus working with companies to educate them about the importance of investment policies to assist prepare them for changes in managing their liquidity reserves. Minick added that events such as AT30 “are a critical forum where we can deepen the conversation, and explore in detail the concerns that our clients have with regards to their global cash administration.”
Bank of America Corporation is a bank holding company. The company, through its auxiliaries, operates through Consumer and Business Banking; Consumer Real Estate Services; Global Wealth and Investment Administration; Global Banking; Global Markets; and Other segments.
Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI), shares showed no change to $3.89, during its last trading session.
SiriusXM declared that it plans to declare third quarter 2015 financial and operating results on Thursday, October 22, 2015.
Sirius XM Holdings Inc., through its auxiliaries, provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, counting various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic reports for 22 metropolitan markets.
Finally, Yum! Brands, Inc. (NYSE:YUM), ended its last trade with -0.41% loss, and closed at $67.43.
Yum! Brands, Inc. (YUM) stated results for the third quarter ended September 5, 2015, counting EPS of $1.00, not taking into account Special Items. Stated EPS was $0.95.
THIRD-QUARTER HIGHLIGHTS
- Worldwide system sales grew 6%. Worldwide restaurant margin raised 3.3 percentage points to 18.2%, and worldwide operating profit raised 23%.
- Total international development was 376 new restaurants; 72% of this development occurred in emerging markets.
- China Division system sales raised 8%, driven by 7% unit growth and 2% same-store sales growth. Restaurant margin raised 4.7 percentage points to 19.6%. Operating profit raised 64%.
- KFC Division system sales raised 6%, driven by 3% unit growth and 3% same-store sales growth. Operating margin reduced 0.2 percentage points to 21.7%. Operating profit raised 3%.
- Pizza Hut Division system sales raised 2%, driven by 2% unit growth and 1% same-store sales growth. Operating margin reduced 0.7 percentage points to 25.4%. Operating profit was even.
YUM! Brands, Inc., together with its auxiliaries, operates quick service restaurants. It operates in five segments: YUM China, YUM India, the KFC Division, the Pizza Hut Division, and the Taco Bell Division.
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