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Sunday 13 September 2015
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Stocks Recap: FirstEnergy Corp. (NYSE:FE), Rio Tinto plc (ADR) (NYSE:RIO), TD Ameritrade Holding Corp. (NYSE:AMTD), Express Scripts Holding Company (NASDAQ:ESRX)

On Wednesday, FirstEnergy Corp. (NYSE:FE)’s shares declined -1.28% to $30.78.

FirstEnergy Corp. (FE) declared that President and Chief Executive Officer Charles E. Jones will take part in a panel talk aboution at the Bank of America/Merrill Lynch Power & Gas Leaders Conference on Wednesday, September 16, 2015. The panel, which is titled, “Investment Opportunities Among Shifting Regulatory Trends,” is planned to start at about 9:30 a.m. EDT.

FirstEnergy Corp., through its auxiliaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments. It owns and operates fossil, coal-fired, nuclear, oil and natural gas, wind and solar power, and hydroelectric generating facilities. The company also provides energy-related products and services to wholesale and retail customers.

Rio Tinto plc (ADR) (NYSE:RIO)’s shares gained 0.22% to $36.01.

Profire Energy, Inc. (PFIE), a technology company, which creates, installs and services oilfield burner and chemical administration solutions in the oil and gas industry, recently declared the appointment of Mr. Ryan W. Oviatt as its new Chief Financial Officer, effective September 14. Oviatt succeeds Mr. Andrew Limpert, who recently stepped down from his roles as CFO and Director.

Mr. Oviatt joins Profire from Rio Tinto (RIO), an international metal and mining corporation which last year stated annual revenues of $47.7 billion, where he served in numerous Senior Administration positions over ten years, counting:

  • Manager, Special Projects
  • Manager, Financial Reporting Analysis
  • Principal Joint Venture Accountant
  • Sarbanes-Oxley Coordinator, North America

At Rio Tinto, Mr. Oviatt managed value-tracking and reporting within the company, leading to improved cash flow and reduced costs, while also serving on technical committees regardinginternational tax, finance, and development of a noteworthyRio Tinto mining operation. He also assisted lead the company’s compliance with Sarbanes-Oxley 404 requirements, contributing to a successful implementation of exceptional compliance worldwide.

Rio Tinto plc, a mining and metals company, finds, mines, and processes mineral resources. The company mines and produces aluminum products, counting bauxite, alumina, and aluminum; copper, gold, silver, and molybdenum, in addition to nickel; diamonds, titanium dioxide feedstocks, borates, and salt, in addition to high purity iron, metal powders, zircon, and rutile; thermal coal, coking or metallurgical coal, and uranium; and iron ore.

At the end of Wednesday’s trade, TD Ameritrade Holding Corp. (NYSE:AMTD)‘s shares dipped -1.27% to $33.40.

TD Ameritrade1 has released the Investor Movement Index® reading for August 2015. The Investor Movement Index, or the IMXSM, is a proprietary, behavior-based index created by TD Ameritrade that aggregates Main Street investor positions and activity to measure what investors are actually doing and how they are positioned in the markets.

The IMX dropped 2.78 percent to 5.24 in August as retail investors slightly reduced their exposure to the U.S. equity markets. Overall, investors were net buyers, finding opportunities in names that were less volatile despite the late month market shake-up. In addition, many of the widely held positions in TD Ameritrade client accounts were lower BETA equities than the market in general. They adjusted their exposure to volatility as a whole, at the same time participating in the post sell off bounce.

By the middle of 2015 the IMX had seen several enhances, as equity market volatility had reduced to near historical levels while the market continued its upward trend. But August saw a slight reversal in the reading as clients managed risk by finding some havens in positions less volatile than the broader markets.

TD Ameritrade Holding Corporation provides securities brokerage services and related technology-based financial services to retail investors, traders, and independent registered investment advisors (RIAs) in the United States. Its products and services comprise tdameritrade.com, a Web platform for self-directed retail investors; Trade Architect, a Web-based platform that enables active investors and traders identify opportunities and stay informed; thinkorswim, a desktop platform for trading; and TD Ameritrade Mobile, which allows on-the-go investors and traders to trade and monitor accounts from Web-enabled mobile devices.

Express Scripts Holding Company (NASDAQ:ESRX), ended its Wednesday’s trading session with -1.06% loss, and closed at $83.61.

Express Scripts Holding Company (ESRX) declared George Paz will retire as Chief Executive Officer, effective following the company’s annual meeting of stockholders presently planned for May 2016, and current company President Tim Wentworth will take on the role of CEO. Mr. Paz will remain on the Board as non-executive Chairman following his retirement, and Thomas Mac Mahon will continue as Lead Independent Director.

Mr. Wentworth was named President of Express Scripts in February 2014. He has administration responsibility for all aspects of the company’s core business, and presently reports directly to Mr. Paz.

As President, Mr. Wentworth is responsible for all aspects of the company’s core business, counting sales and account administration, information technology, operations, research and new solutions, home delivery and specialty pharmacies, and supply chain administration. Preceding to his appointment as President, Mr. Wentworth served as Senior Vice President and President, Sales and Account Administration, with responsibility for Express Scripts’ core sales and account administration teams, counting employer groups, health plans, and new sales.

Express Scripts Holding Company operates as a pharmacy benefit administration (PBM) company in the United States and Canada. The company operates through two segments, PBM and Other Business Operations. The company’s PBM segment’s services comprise clinical solutions to enhance health outcomes, such as adherence, case coordination, and personalized medicine; specialized pharmacy care; home delivery pharmacy; specialty pharmacy, counting the distribution of fertility pharmaceuticals that require special handling or packaging; and retail network pharmacy administration.

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