On Friday, Associated Banc Corp (NYSE:ASB)’s shares declined -1.99% to $19.98.
Associated Bank (ASB) declared that it will optimize its branch operations and consolidate 13 branches from among the more than 200 in its core three-state footprint. The growing use of digital banking, transaction trends, and proximity to other Associated locations were factors in the decision.
Affected Wisconsin branches comprise Eau Claire (Mega East Pick ‘n Save), Sheboygan (Festival), Embarrass, Rio, Fort Atkinson, and River Falls. Minnesota consolidations comprise branches in Plymouth (Peony Lane) and Oakdale, and Chicago (200 N. LaSalle) and Montgomery in Illinois. Branch consolidations were formerly declared for Rothschild (Cedar Creek Pick ‘n Save), WI; Inver Grove Heights, MN; and DeKalb, IL.
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products and services to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company’s Corporate and Commercial Specialty segment offers deposit and cash administration solutions, counting commercial checking and interest-bearing deposits, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; lending solutions, such as commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications; and specialized financial services comprising swaps, capital markets, foreign exchange, and international banking solutions.
Darden Restaurants, Inc. (NYSE:DRI)’s shares dropped -0.55% to $72.55.
Darden Restaurants, Inc. (DRI) today announced the appointment of Jeffrey Davis as its Senior Vice President and Chief Financial Officer, effective July 16, 2015. In this role, Davis assumes responsibility for the financial functions of the company, including finance and accounting, corporate reporting, corporate tax, treasury and investor relations, as well as internal audit, supply chain, and real estate and development. He will report to Darden CEO Gene Lee.
Most, Davis served as Executive Vice President and Chief Financial Officer for the Walmart U.S. segment of Walmart Stores, Inc. He joined Walmart in 2006 as Vice President of Finance for the Walmart U.S. specialty division. He held additional roles of increasing importance, including Executive Vice President and Treasurer for Walmart Stores, Inc., prior to assuming the top financial post in Walmart’s largest business segment. Prior to joining Walmart, Davis was CFO for Lakeland Tours, LLC, CFO for McKesson General Medical, and he held financial leadership positions at the Hillman Co, a private investment holding company. Davis also spent four years at KPMG Peat Marwick providing audit services.
Darden Restaurants, Inc. owns and operates full service restaurants in the United States and Canada. It operates restaurants under the Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Grille, Eddie V’s, and Yard House brand names. As of June 23, 2015, it owned and operated about 1,500 restaurants. The company was founded in 1968 and is headquartered in Orlando, Florida.
At the end of Friday’s trade, CYS Investments Inc (NYSE:CYS)‘s shares dipped -0.51% to $7.88.
CYS Investments, Inc. (CYS) declared that it will host a conference call at 9:00 AM Eastern Time on Thursday, July 23, 2015, to discuss its financial results for the quarter ended June 30, 2015.
Hosting the call will be Kevin E. Grant, Chairman and Chief Executive Officer, along with other members of the Company’s senior management team.
CYS Investments, Inc., a specialty finance company, invests in residential mortgage pass-through securities in the United States. It also focuses on investing in residential mortgage-backed securities that are issued and the principal and interest of which are guaranteed by a federally chartered corporation (Agency RMBS); debt securities issued by the United States Department of Treasury or a government sponsored entity; and collateralized mortgage obligations issued by a government agency or government-sponsored entity that are collateralized by Agency RMBS.
VAALCO Energy, Inc. (NYSE:EGY), ended its Friday’s trading session with -3.82% loss, and closed at $1.38.
VAALCO Energy, Inc. (EGY) declared that it will issue its second quarter 2015 earnings release after the close of trading on Thursday, August 6 and host a conference call to talk about second quarter results on Friday, August 7 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time.)
VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas in the United States. The company owns producing properties and conducts exploration activities as an operator of consortiums internationally in Gabon and Angola, in addition to conducts exploration activities as a non-operator in Equatorial Guinea, West Africa. It also acts as the operator of unconventional resource properties in North Texas and a lease hold in Montana; and owns minor interests in conventional production activities as a non-operator.
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.
