On Friday, Yandex NV (NASDAQ:YNDX)’s shares declined -0.95% to $16.77.
Yandex N.V. (YNDX) Russia’s biggest search engine, said a draft law that would let people demand the removal of some personal information from the Internet violates constitutional freedoms.
The bill would give people the right to have information that’s considered “unreliable” or is more than three years old struck from online search results. Search-engine operators would have three days to comply with requests or risk fines of as much as 3 million rubles ($55,000) under the proposals presented to the State Duma, the lower house of parliament.
The legislation, which could take effect as early as 2016, violates the constitutional right to freely seek, obtain and disseminate information, Yandex said in an e-mailed statement on Monday. The projected procedure of “requesting a search engine to remove hyperlinks opens the door to numerous opportunities for misuse, as it doesn’t require any evidence or justification,” the company said.
Russian President Vladimir Putin has tightened the state’s grip on the Internet, which he has called a creation of U.S. spy agencies, amid tensions over the conflict in Ukraine. Legislation passed last year requires bloggers with more than 3,000 daily viewers to register with the federal communications watchdog, while the regulator was handed powers to block websites containing “extremist” information. A law passed last year requires companies to store Russians’ personal data on servers based inside the country starting Sept. 1.
Yandex N.V. operates an Internet search engine in Russia and internationally. The company offers search, location-based, personalized, and mobile services that enable users to find information, and communicate and connect over the Internet from desktops and mobile devices; and localized homepages for specific geographic markets.
Omnicom Group Inc. (NYSE:OMC)’s shares dropped -0.82% to $72.15.
While the media comments on AutoNation’s 10 millionth car sale and $20 million ad campaign with Zimmerman Advertising in recognition of the benchmark, it’s time to put the microscope to over 15 years of partnership between the nation’s largest auto retailer and Omnicom Group Inc. (OMC)’s retail growth machine. Mutual ambition and commitment to results has meant not only an enduring professional relationship, but the generation of compriseent success through a period of transition for the advertising industry and a protracted economic downturn.
Since AutoNation partnered with Zimmerman 15+ years ago, the days of simple TV, radio and print ads have fully evolved into much more. While AutoNation continued to buy up local and regional dealerships around the country, Zimmerman paid close attention to retail trends and expanded to integrate their agency for the changing landscape.
The launch of the largest ad campaign in AutoNation history follows noteworthy milestones for both client and agency. While AutoNation made a bold move towards becoming a national retail chain in 2013 by replacing all localized brand names throughout the country with the company’s corporate moniker, Zimmerman invested and accomplished construction on a new headquarters for their fast-growing team and client roster; moving into the only state-of-the-art advertising hub of its kind in the nation.
Omnicom Group Inc., together with its subsidiaries, operates as an advertising, marketing, and corporate communications services company in the Americas, Europe, the Middle East, Africa, and the Asia pacific. It offers services in advertising, customer relationship management, public relations, and specialty communications areas.
At the end of Friday’s trade, Level 3 Communications, Inc. (NYSE:LVLT)‘s shares dipped -0.78% to $54.83.
Global telecommunications provider Level 3 Communications, Inc., (LVLT) declared the formation of the Level 3 Foundation Inc., a 501(c)(3) public charity. The Foundation was established to amplify the efforts of Level 3 Cares, the company’s corporate social responsibility program that launched in 2012, and give back to the communities where its employees live and work.
The mission of the Foundation is to provide employees and community members the opportunity to be kind to their neighbors and share in the company’s commitment to giving back. Both company employees and community members can contribute financially to the Foundation to support any of the identified cause areas: animal welfare, arts and culture, disaster relief, education, health and disease, natural environment and the underprivileged. Level 3 will match up to $250,000 of all employee contributions made to the Level 3 Foundation this year.
Level 3 believes a company culture based on core values not only assists its business, but also defines the role it can play in society. These core values – accountability, integrity, performance, respect, service and teamwork – assisted lay the groundwork for the Foundation and its mission.
Level 3 Communications, Inc., together with its auxiliaries, operates as a facilities-based provider of a range of integrated communications services primarily in North America, Latin America, Europe, the Middle East, and Africa. The company provides transport services comprising wavelengths, private lines, transoceanic, and dark fiber, in addition to related professional services; fiber services; and colocation and data center services, such as cloud, hosting, and application administration solutions.
Textron Inc. (NYSE:TXT), ended its Friday’s trading session with -0.71% loss, and closed at $46.14.
Bell Helicopter, a Textron Inc. (TXT) company, and Milestone Aviation Group, a GE Capital Aviation Services company declared recently plans to move forward with a letter of intent (LOI) to acquire 20 Bell 525 Relentless helicopters. These aircraft will serve a variety of roles with Milestone’s lessees around the world, counting oil and gas, emergency medical service, search and rescue, and utility opportunities. Delivery of aircraft to Milestone is predictable to start in late 2017.
The Bell 525 is the world’s first fly-by-wire commercial helicopter, designed to operate safely and reliably in austere environments with reduced pilot workload. The aircraft integrates critical systems data to be easily accessible at-a-glance with the first fully-integrated touch screen flight deck designed for helicopters, the Garmin G5000H®. Best-in-class payload, cabin, cargo volumes, comfort and egress complement the technological advancements on the aircraft. The Bell 525 is being tested in Bell Helicopter’s fully integrated System Integration Lab (SIL), allowing for virtual flight testing of the Bell 525 before first flight, which is planned in the coming weeks.
Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through five segments: Textron Aviation, Bell, Textron Systems, Industrial, and Finance. The Textron Aviation segment manufactures business jets, turboprop aircraft, piston aircraft, military trainer and defense aircraft, and parts, in addition to provides maintenance, inspection, and repair services.
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