On Monday, Shares of T-Mobile US Inc (NYSE:TMUS), lost -5.16% to $40.53.
J. Braxton Carter, Executive Vice President and Chief Financial Officer of T-Mobile US, Inc. (TMUS), will speak at 11:40 a.m. Eastern Daylight Time on Wednesday, September 30th at the Deutsche Bank 23rd Annual Leveraged Finance Conference in Scottsdale, AZ.
T-Mobile US, Inc., together with its auxiliaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services in the postpaid, prepaid, and wholesale markets.
Shares of Target Corporation (NYSE:TGT), declined -1.72% to $77.69, during its last trading session.
Walker & Company Brands, the company that makes health and beauty simple for people of color by developing products and services tailored to their unique needs, declared it has raised $24 million in a Series B round of funding led by Institutional Venture Partners (IVP). Also participating in the round are Andreessen Horowitz, Upfront Ventures, Daher Capital, Collaborative Fund, Google Ventures, Felicis Ventures, and Melo7 Tech Partners. Individual investors comprise Earvin “Magic” Johnson, John Legend, King Bach, Ron Johnson, San Francisco 49ers CEO Jed York, San Francisco 49ers President Paraag Marathe, Ryan Leslie, Andre Iguodala, Harrison Barnes, Anre and Paula Williams, Charles King and John Maeda.
The company also declared recently that it has signed a deal with Target® Corp (TGT) to sell its flagship product, Bevel, at select Target stores in the United States and on Target.com.
Founded in 2013, Walker & Company Brands has focused to date on its flagship brand, Bevel, the first and only shaving system designed to reduce and prevent razor bumps and irritation in men with coarse and curly hair. The latest round of funding will allow Walker & Company Brands to continue to grow by accelerating the development of new health and beauty products tailored to the unique needs of people of color, establishing new distribution channels for Bevel and reinvesting in team growth, all while retaining dedication to superior customer service.
Target Corporation operates as a general merchandise retailer in the United States and Canada. It offers household essentials, counting pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys; electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, in addition to intimate apparel, jewelry, accessories, and shoes.
At the end of Monday’s trade, Shares of Nielsen N.V. Ordinary Shares (NYSE:NLSN), lost -2.61% to $45.53.
Nielsen released Increasingly Affluent, Educated and Diverse: African-American Consumers - the Untold Story, the fifth installment in its Diverse Intelligence Series. This new report is inclusive of insights about affluent Black consumers with annual household incomes of $75,000 and higher and upends outdated stereotypes about African-Americans, from education and income to media consumption and social engagement. The report was released at a press conference during the Congressional Black Caucus Foundation, Inc.’s 45th Annual Legislative Conference in Washington, D.C.
Increasingly Affluent, Educated and Diverse: African-American Consumers - the Untold Story explores the evolution of upper-income Black Americans as the population continues to grow and change rapidly. At 45.7 million strong, the nation’s Black population grew at 17.7% from 2000 to 2014 — 35% faster than the total population and double the 8.2% growth rate of the White population. The growth rate of the Black population is partly attributed to the surge in Black immigration from the Caribbean, Africa and some European countries, making the overall population incredibly diverse. The number of foreign-born Blacks in the U.S. has quadrupled since 1980, accounting for 3.8 million of the nation’s Black population. Foreign-born Blacks are contributing to raised incomes in the African-American community: their median household incomes are 30% higher than U.S.-born Blacks.
Nielsen Holdings plc operates as an information and measurement company. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch, and listen.
Finally, ACE Limited (NYSE:ACE), ended its last trade with -1.80% loss, and closed at $100.90.
As the number of highly publicized cyber attacks has raised in recent years, the demand for cyber security insurance has escalated rapidly, with industry analysts forecasting a growth of 150 percent in the next five years. However, large corporations are finding it increasingly difficult to secure the cyber security insurance protection they need. To address this growing need, ACE Group recently declared the launch of ACE’s Global Cyber Facility, which goes beyond standard risk transfer by incorporating a comprehensive risk administration solution into a single policy purchase.
ACE’s Global Cyber Facility provides up to $100 million of primary capacity. This innovative solution incorporates integrated loss control services offered by industry-leading cyber security experts, a proprietary application process designed to assess an organization’s current risk profile, a specialized policy form, comprehensive claims administration, and ongoing, detailed analysis to assist organizations detect potential weaknesses that could give rise to future cyber attacks — all within a single policy purchase and backed by the financial strength of ACE’s A++ balance sheet. ACE’s Global Cyber Facility is available to eligible companies worldwide. This solution is the first of its kind in the industry and is exclusive to ACE.
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.
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