On Tuesday, Laboratory Corp. of America Holdings (NYSE:LH)’s shares inclined 0.41% to $122.21.
Laboratory Corp. of America Holdings (LH) declared that Covance Drug Development has relocated its clinical research unit (CRU) in Dallas, TX, to a new, fit-for-purpose clinical research facility. The new unit, which opened earlier this month, has expanded from 72 to 100 medical beds and is located in the same building as the preceding unit. In addition, a LabCorp patient service center will be co-located in the CRU, at which patients will have an opportunity to learn more about volunteering and participating in early stage clinical trials.
Laboratory Corporation of America Holdings operates as an independent clinical laboratory company worldwide. The company offers a range of clinical laboratory tests and procedures, such as blood chemistry analyses, urinalyses, blood cell counts, thyroid tests, Pap tests, hemoglobin A1C, PSA, STD tests, HCV tests, microbiology cultures and procedures, and alcohol and other substance-abuse tests that are used by the medical profession in core testing, patient diagnosis, and in the monitoring and treatment of diseases.
SunTrust Banks, Inc. (NYSE:STI)’s shares gained 0.61% to $44.19.
GenSpring Family Offices, an associate of SunTrust Banks, Inc. (STI), GenSpring Family Offices, a leading wealth administration firm for ultra-high net worth families, has named Chris Walters managing director for the West Region. Walters brings more than 25 years of experience to GenSpring, counting a background of building and growing successful wealth administration teams designed to provide best-in-class service to clients.
In this role, Walters will be responsible for business growth throughout the western United States. He will be based in GenSpring’s Costa Mesa, Calif., family office and oversee GenSpring’s Los Angeles and San Francisco family offices.
Walters joins GenSpring from Rabobank, N.A. where he served as executive vice president. In this role, Walters led Rabobank’s private banking, personal trust, asset administration, institutional trust, brokerage, insurance, financial planning and wealth administration solutions. Formerly, Walters served as executive vice president at Citizens Business Bank where he created Citizens Trust. He also has held executive positions at national and international wealth administration firms, counting Atlantic Trust, Citi Bank and Mellon.
Walters is active in the Southern California community, having served on the Board of Directors for a variety of not-for-profit organizations, counting the Orange County Performing Arts Center, South Coast Repertory Theater, the Pacific Symphony and Little League.
SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services in the United States. The company operates in three segments: Consumer Banking and Private Wealth Administration, Wholesale Banking, and Mortgage Banking. The Consumer Banking and Private Wealth Administration segment offers deposits, home equity lines and loans, credit lines, indirect auto loans, student loans, bank cards, and other lending products, in addition to various services. This segment also provides wealth administration products and professional services, counting brokerage, professional investment administration, and trust services; and family office solutions.
At the end of Tuesday’s trade, Wynn Resorts, Limited (NASDAQ:WYNN)‘s shares dipped -1.23% to $98.01.
Wynn Resorts, Limited (WYNN) stated financial results for the first quarter ended March 31, 2015.
Net revenues for the first quarter of 2015 were $1,092.2 million, contrast to $1,513.6 million in the first quarter of 2014. The decline was the result of a 37.7% net revenue decrease from our Macau Operations, partially offset by a 1.6% enhance in net revenues from our Las Vegas Operations. Adjusted property EBITDA (1) was $323.0 million for the first quarter of 2015, a 34.7% decrease from $494.6 million in the first quarter of 2014.
On a US GAAP basis, net loss attributable to Wynn Resorts, Limited for the first quarter of 2015 was $44.6 million, or $0.44 per diluted share, contrast to net income attributable to Wynn Resorts, Limited of $226.9 million, or $2.22 per diluted share, in the first quarter of 2014.
Adjusted net income attributable to Wynn Resorts, Limited (2) in the first quarter of 2015 was $70.5 million, or $0.70 per diluted share (adjusted EPS), contrast to an adjusted net income attributable to Wynn Resorts, Limited of $236.7 million, or $2.32 per diluted share, in the first quarter of 2014.
Wynn Resorts, Limited, together with its auxiliaries, develops, owns, and operates destination casino resorts. It operates in two segments, Macau Operations and Las Vegas Operations. The company operates Wynn Macau and Encore at Wynn Macau resort located in the People’s Republic of China.
Adobe Systems Incorporated (NASDAQ:ADBE), ended its Tuesdays trading session with 0.83% gain, and closed at $80.59.
Tata Consultancy Services, a leading IT services, consulting and business solutions organization, has been selected by Adobe (ADBE), a global leader in digital marketing and digital media solutions, as a Premier Partner, the highest level of partnership among Adobe’s global ecosystem. This new partnership enables TCS clients to fully leverage Adobe’s Marketing Platform and its core solutions, allowing them to design and execute customized strategies and integrated marketing campaigns to suit specific target audiences and customer profiles.
TCS’ strengths in digital marketing solutions and services, advanced technology knowledge, trusted domain expertise, and vast implementation and integration experience, combined with Adobe’s leadership in its Digital Marketing Platform and core solutions, provides customers with an industry-leading, best-in-class, complete end-to-end integrated marketing solution.
As enterprises increasingly preceding digital technologies into their core marketing strategies, they can be assured that TCS and Adobe’s Digital Marketing Solutions and Services will harness centralized and shared data to comprising deliver contextually relevant, real-time personalized experiences to consumers. In turn, these will drive loyalty, improve customer experience and enhance customer satisfaction. Ultimately, this allows enterprise clients to manage complex digital marketing requirements, drive customer acquisition, strengthen retention programs, enhance marketing ROI, build stronger customer relationships, and enhance brand value and market share.
Adobe Systems Incorporated is a diversified software company worldwide. It operates in three segments: Digital Media, Digital Marketing, and Print and Publishing. The Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. This segment’s flagship product is Creative Cloud, a subscription service that allows customers to download and install the latest versions of its creative products.
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