On Tuesday, Shares of Bank of America Corporation (NYSE:BAC), gained 1.14% to $17.67.
The Global Transaction Services (GTS) business at Bank of America Merrill Lynch has published its annual report on the North American market, entitled “North America Perspectives.”
The report, which appears in leading industry publication Treasury Administration International (TMI), comprises a series of articles looking at the economic growth outlook for 2015 and how the relationship between banks and corporate treasurers is changing. Its publication follows the release of BofA Merrill’s 2015 CFO Outlook, in which over half of those corporate treasurers surveyed predictable the North American economy to grow in the next year.
“For the past seven years, banks and corporations have been cautiously navigating their way through a transaction banking paradigm shift, towards a future in which the quality of a banking relationship counts as much as its size,” said Ather Williams, head of GTS at BofA Merrill. “As banks like ours invest in building the technology, expertise and global reach required to assist corporations grow, we are finding ourselves gradually moving towards greater integration of banking services. Underpinning this cooperative way of working is a revolution in technology.”
“North America Perspectives,” which is accessible to BofA Merrill clients and through TMI, features articles on the following topics:
- Companies look to 2015 with cautious optimism.
- Mattel – a case study on making working capital optimization children’s play.
- Why growth entails owning your own cash position.
- Transforming treasury: planning for the future.
- The relationship between banks and their clients under new regulations.
- Creating an effective treasury in Latin America.
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 Novavax, Inc. (NASDAQ:NVAX), inclined 11.55% to $11.11, during its last trading session, hitting its highest level.
Novavax, declared that, for the second successive year, it has been recognized as a Top Workplace for 2015.
“This recognition is a testament to the passion and dedication of our 350 SuperNovas,” said Stanley C. Erck, President and CEO. “Our employees exemplify the excellence and commitment necessary to make an impact on global health. I come to work every day excited to work with each and every one of them.”
The Washington Post Top Workplaces are determined solely on employee feedback via an employee survey conducted by WorkplaceDynamics, LLP, a leading research firm on organizational health and employee engagement.
Novavax, Inc., a clinical-stage vaccine company, focuses on discovering, developing, and commercializing recombinant nanoparticle vaccines and adjuvants. The company produces its vaccines using its proprietary recombinant nanoparticle vaccine technology.
Finally, Host Hotels & Resorts, Inc. (NYSE:HST), ended its last trade with -0.88% loss, and closed at $20.29.
Host Hotels & Resorts, will report financial results for the second quarter 2015 preceding to market open on Thursday, July 30, followed by a conference call at 9:00 a.m. Eastern Time (ET). Administration will talk about the Company’s second quarter 2015 results and its business outlook for the remainder of 2015.
Host Hotels & Resorts, Inc. is a publicly owned real estate investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. It invests in the real estate markets of United States. It also invests in Canada, Mexico, Chile, the United Kingdom, Italy, Spain, and Poland. The firm primarily invests in luxury and upper upscale hotels.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
