On Tuesday, Hilton Worldwide Holdings Inc (NYSE:HLT)’s shares inclined 0.80% to $27.55.
A New England hotel rich in history, Madison Beach Hotel, recently joined Curio – A Collection by Hilton, Hilton Worldwide’s growing global collection of distinctive hotels for passionate travelers seeking local discovery and authentic experiences. Set in a relaxing beachfront setting, Madison Beach Hotel is an upscale boutique resort with each of the hotel’s 32 rooms offering luxurious accommodations with sweeping ocean views and private balconies. Located in the heart of Madison Beach, the hotel is the area’s only resort on the beach and is ideally situated near a variety of dining, recreation and shopping areas.
Madison Beach Hotel’s rich history dates back to the early 1900s when it originally served as a rooming house for shipbuilders passing through the region. The hotel has also welcomed thousands of train passengers over the years, attracted by the natural beauty of Madison’s beaches. The hotel was one of the oldest continuously run businesses on the shoreline of Connecticut. In 2012, the hotel was completely rebuilt and re-opened to the public.
Hilton Worldwide Holdings Inc., a hospitality company, owns, leases, manages, develops, and franchises hotels, resorts, and timeshare properties worldwide. The company operates hotels under 12 brand names, counting Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio - A Collection by Hilton, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton, and Hilton Grand Vacations. As of June 2, 2015, it had about 4,350 managed, franchised, owned, and leased hotels and timeshare properties with about 720,000 rooms in 94 countries and territories.
Southern Co (NYSE:SO)’s shares dropped -0.17% to $41.89.
Southern Co (SO) declared that for the ninth successive year IDG’s Computerworld has recognized the company as one of the best workplaces for information technology professionals in its annual ranking of the 100 “Best Places to Work in IT” list. In this year’s rankings, Southern Company was listed as the highest-rated “large” utility company.
Computerworld’s 2015 “Best Places to Work in IT” feature ranks the top 100 work environments for technology professionals, based on a comprehensive questionnaire regarding company offerings in categories such as benefits, career development, training and retention.
In addition, Computerworld conducted extensive surveys of IT workers, which accounted for about half of the total scoring. More than 23,000 IT employees from the final 100 companies across the country accomplished the Computerworld survey. The employee survey comprised of topics such as satisfaction with training and development programs, compensation, benefits and work/life balance.
The Southern Company, together with its auxiliaries, operates as a public electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi. The company also constructs, acquires, owns, and manages generation assets, counting renewable energy projects. As of December 31, 2014, it operated 33 hydroelectric generating stations, 33 fossil fuel generating stations, 3 nuclear generating stations, 13 combined cycle/cogeneration stations, 9 solar facilities, 1 biomass facility, and 1 landfill gas facility.
At the end of Tuesday’s trade, Deere & Company (NYSE:DE)‘s shares surged 0.21% to $97.06.
Deere & Company (DE) reiterated its support for Trade Promotion Authority legislation passed recently by the U.S. Senate after earlier approval by the U.S. House of Representatives. It now moves to U.S. President Barack Obama, who is predictable to sign the bill into law.
TPA enables a U.S. President to submit projected trade agreement legislation to Congress for a yes or no vote, providing assurance to projected trading partners that the agreement will not be modified after negotiations have been accomplished.
Estimates state that more than one in five American jobs is supported by international trade. U.S. job growth from 2004 to 2013 was three times higher for trade-related jobs contrast with average job growth. In 2013, countries that have free-trade agreements with the U.S. purchased 12 times more goods per capita from the United States than those that don’t have such agreements.
PROFILE
Citizens Financial Group Inc (NYSE:CFG), ended its Tuesday’s trading session with 1.41% gain, and closed at $27.31.
Citizens Bank declared that it led $155 million in new financing for Southfield, MI-based Diversified Restaurant Holdings, Inc. to refinance existing debt and to fund the acquisition of 18 Buffalo Wild Wings® restaurants in the St. Louis area for $54 million. The financing includes a $120 million Term Loan, an unfunded $30 million Development Line of Credit to support continued store growth and an unfunded $5 million Revolver to support working capital needs.
Diversified Restaurant Holdings, Inc. is the creator, developer and operator of the unique, full-service, ultra-casual restaurant and bar Bagger Dave’s Burger Tavern, and, with the acquisition of these 18 locations, the largest Buffalo Wild Wings franchisee.
Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania that provide retail and commercial banking products and services in the United States. It operates through two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment focuses on retail customers and small businesses with traditional banking products and services, counting checking, savings, home loans, student loans, credit cards, business loans, and financial administration services.
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