On Wednesday, Shares of Leggett & Platt, Inc. (NYSE:LEG), lost -0.82% to $43.66.
Leggett & Platt declared that David S. Haffner, the company’s Chief Executive Officer and Board Chair, will retire from the company and the Board on December 31, 2015. Karl G. Glassman, the company’s President and Chief Operating Officer, will assume the role of CEO on January 1, 2016.
Haffner has been the company’s CEO since 2006, and Chairman of the Board since 2013. Before assuming the role of CEO, he served as the company’s Chief Operating Officer for seven years and in numerous positions of increasing responsibility since he joined the company in 1983.
Richard Fisher, the company’s Lead Director, commented: “On behalf of Leggett & Platt’s Board of Directors, I would like to recognize David’s tremendous contributions and longstanding commitment to the company. Under David’s leadership, the company embarked on a major planned shift in late 2007, which has resulted in total shareholder return since 2008 in the top 10% of the S&P 500. For over three decades, he has offered invaluable leadership, a commitment to our core values, and a keen focus on shareholder value.
Leggett & Platt, Incorporated designs and produces a range of engineered components and products worldwide. The company’s Residential Furnishings segment offers innersprings and wire forms; steel mechanisms and hardware, springs and seat suspensions, steel tubular seat frames, bed frames and ornamental beds, and adjustable beds; and structural fabrics, carpet underlay materials, and geo components.
Shares of Sabre Corp (NASDAQ:SABR), inclined 4.98% to $27.18, during its last trading session.
Sabre Corporation has signed a contract with Airport Strategy and Marketing (ASM), a leading consultancy firm with expertise in defining route development for airports worldwide.
Under this agreement, ASM will extend their current product portfolio by offering Sabre AirVision Market Intelligence to better serve their global customer community of airports and key stakeholder partners.
Sabre AirVision Market Intelligence addresses a key aspect of the airline business by connecting parties to robust market data. Ultimately, this solution provides advanced data analysis capabilities for business development and commercial planning departments. Airlines, airports, tourism boards, and other travel related companies use Sabre AirVision Market Intelligence to drive efficiency around commercial planning, identify new revenue opportunities, and enhance competitive insight.
Sabre Corporation provides technology solutions to the travel and tourism industry worldwide. It operates in two segments: Travel Network, and Airline and Hospitality Solutions. The Travel Network segment operates a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, counting airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators, with a network of travel buyers comprising online and offline travel agencies, travel administration companies, and corporate travel departments.
At the end of Wednesday’s trade, Shares of Fiserv Inc (NASDAQ:FISV), gained 5.70% to $84.63.
Fiserv declared that it has been presented with a vendor award for outstanding performance for anti-money laundering (AML) solutions by Aite Group as part of their “2015 Global AML Vendor Evaluation.” AML Risk Manager from Fiserv was acknowledged as the “Most Extensible Solution” in the report.
The Aite Group evaluation highlighted the specific strengths of AML Risk Manager, based on interviews with current Fiserv clients. Strengths stated by clients comprised of openness of design, regulator familiarity, and integration with core banking systems to facilitate a seamless transfer of information.
“Our evaluation comprised of interviews with 81 AML executives from 79 financial services companies to best understand their satisfaction with their vendor solutions, current pain points, and needs. We found Fiserv provides a well-rounded platform that is capable of serving small financial institutions in addition to global organizations,” said Julie Conroy, research director for Aite Group’s Retail Banking practice. “Regulators across the globe are familiar with the Fiserv platform, and the company’s commitment to ongoing development keeps the solution current with regulators’ demands.”
Fiserv, Inc., together with its auxiliaries, provides financial services technology worldwide. The company’s Payments and Industry Products segment provides debit, credit, and prepaid card processing and services; electronic bill payment and presentment services; Internet and mobile banking software and services; person-to-person payment services; and other electronic payments software and services.
Finally, Tableau Software Inc (NYSE:DATA), ended its last trade with 1.57% gain, and closed at $96.36.
Tableau Software, declared the launch of its Shanghai operations (Tableau (China) Co., Ltd.) as the company expands in China to better serve customers and partners locally.
Tableau is on a mission to assist more people see and understand their data. The opening of its Shanghai office is a milestone in the company’s growth in China. JY Pook, APAC Vice President of Tableau Software said, “With 1.3 billion people, a quickly expanding urban economy, and exponential rates of Internet and smartphone penetration, China generates an immense amount of data annually. Tableau can assist bring that data to life with rapid-fire insights.”
With greater use of data in different industries, China’s business analytics services market is set to maintain accelerated growth, and raising the momentum of tech investments for the rest of APAC. The country’s 2015 Government Work Report said that China will develop an ‘Internet Plus’ action plan to step up the integration of mobile Internet, cloud computing, big data, and the Internet of Things with modern manufacturing, e-commerce, industrial Internet and Internet finance. Analysts report that China’s business analytics services market reached US$1.398 billion in 2014, up 16.4 per cent from 2013. The space is forecast to grow steadily at the CAGR of 16.7 per cent in the coming five years to reach US$3.027 billion in 2019.
Tableau Software, Inc., together with its auxiliaries, provides business analytics software products in the United States, Canada, and internationally. The company offers Tableau Desktop, a self-service analytics environment that empowers people to access and analyze data independently; and Tableau Server, a business intelligence platform with data administration, scalability, and security to foster the sharing of data, in addition to to improve the dissemination of information in an organization and promote improved decision-making.
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