On Thursday, Shares of Oracle Corporation (NYSE:ORCL), lost -0.34% to $41.06.
Oracle Corporation, is committed to assisting companies throughout Latin America embrace cloud computing to reduce IT complexities and boost productivity. As part of this effort, Oracle plans to open its new data center in Campinas, São Paulo in August of this year.
This state-of-the-art facility also supports growing demand for Oracle’s comprehensive cloud portfolio and was designed to assist customers embrace Oracle Cloud Software as a Service (SaaS) offerings. Oracle Cloud SaaS applications are best-of-breed and integrated with social, mobile, and analytic capabilities to assist companies deliver the experiences customers expect, the talent to succeed, and the performance the market demands.
“This new data center in Brazil signals our commitment to assisting companies in Latin America fully embrace cloud computing, modernize their business and become the leaders in their industry,” said Oracle CEO Mark Hurd. “This is great news for our customers throughout Latin America who are ready to capitalize on the region’s growing economy and take advantage of the unlimited possibilities cloud computing offers.”
Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide. It provides software and hardware systems, and related services to manage their cloud-based or on-premise IT environments, in addition to to deploy cloud software-as-a-service, platform-as-a-service, and infrastructure-as-a-service.
Shares of ACE Limited (NYSE:ACE), declined -2.36% to $102.08, during its last trading session.
ESIS, Inc. (ESIS®), a third-party claims administration company and part of ACE Group, declared the appointment of Paul Holden as Vice President and Chief Information Officer. Mr. Holden will have responsibility for the planned integration of ESIS’ technology infrastructure and will lead the operational support and information delivery teams. He will be instrumental in the ongoing enhancement of ESIS’ distinctive technology tools, with an overall aim to provide information that empowers ESIS’ claims professionals in their efforts to provide exceptional service to clients and brokers. Based in Philadelphia, Mr. Holden will report to Joe Vasquez, Division President, ESIS.
Mr. Holden will work in tandem with ACE’s global claims teams and ESIS to finalize the development of ESIS’ new claim system. In this role, he will champion strategies to further enhance ESIS’ core technologies, counting ESIS Global RiskAdvantage®, the company’s risk administration information system, in addition to its customized data analytics and predictive modeling platform, ESIS Advanced Analytics in Action®. In addition, he will be instrumental in the future development of ACE Worldview® for ESIS, a powerful web-based program administration portal with robust functions, counting document sharing, an online billing portal, real-time integrated social collaboration, and predictive modeling output.
ACE Limited, through its auxiliaries, provides a range of property and casualty insurance and reinsurance products worldwide. The company’s Insurance North American P&C segment offers casualty insurance, environmental, inland marine, professional risk, disaster protection, vacant land and building, and claims and risk administration services; homeowners, automobile, valuables, umbrella liability, and recreational marine insurance; and wholesale excess and surplus lines property, casualty, environmental, professional liability, inland marine, and product recall coverages.
Finally, International Paper Company (NYSE:IP), ended its last trade with -1.47% loss, and closed at $48.37.
On June 16, International Paper Company released its 2014 Sustainability Report sharing progress against its voluntary sustainability aims, a new sustainability strategy and highlighting collaborations that advance sustainability throughout the life cycle of its products. The 2014 report features stories from around the world that collectively capture some of International Paper’s key sustainability efforts and impacts.
As a global manufacturer operating in more than 24 countries, natural resources are crucial to International Paper’s supply chain. This is why the company is continuously working to improve all aspects of their value chain, especially sourcing of wood fiber, water use, and energy efficiency.
Here is a high-level summary of 2014 accomplishments comprised of in the report:
- Safety: Eliminating fatalities and injuries in the workplace is International Paper’s highest priority. The company’s Life-Changing Injury and Fatality Elimination (LIFE) safety program has reduced life-impacting injuries by 68 percent since its inception.
- Water Use: Recognizing the growing importance of global water usage, International Paper has mapped all mills based on water-related risk to initiate water conservation opportunities.
- Greenhouse Gas (GHG) Emissions: Since 2010, International Paper has reduced GHGs by 8.3 percent and improved energy efficiency by 6.1 percent by improving processes, equipment, and procedures.
- Forest Stewardship: International Paper is a global leader in responsible forest stewardship and committed to continuous improvement. The company has surpassed the original aim of 15 percent third-party-certified fiber volume, with a 27.8 percent enhance in certified fiber volume since 2010.
- Ethics and Compliance: In 2014, International Paper expanded the number of suppliers trained in their Supplier Code of Conduct and obtained commitments of compliance from the vast majority of suppliers globally.
International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East. The company operates through three segments: Industrial Packaging, Printing Papers, and Consumer Packaging.
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