On Tuesday, Shares of Wells Fargo & Company (NYSE:WFC), gained 1.17% to $56.40, hitting its highest level.
Wells Fargo Enterprise Global Services, (EGS) LLC - Philippines (formerly Wells Fargo Philippines Solutions Inc.) declared that team members have accomplished a Fundraising Week that assisted raise more than Php 200,000. The funds will go to company’s many beneficiaries, one of which is Kapitan Jose Cardones Elementary School in Taguig. Team members raised the funds by providing services for donations to their colleagues at the Well Fargo EGS offices.
Wells Fargo EGS – Philippines has a long-term association with the schools and institutions working in tandem with partner NGOs. “We have a robust annual calendar of community programs. What makes Fundraising Week unique is the fact that it gets our team members involved in a fun way for a social cause. We initiated this event in 2013, with the objective of raising money for the government school that we support throughout the year,” said Vishnupriya Saksena, head of corporate sustainability.
Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, in addition to time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards.
Shares of American International Group, Inc. (NYSE:AIG), inclined 0.88% to $59.41, during its last trading session.
American International Group, was named a 2015 “ACC Value Champion” by The Association of Corporate Counsel (ACC) for leveraging its Global Legal Operations Center to deploy large scale, innovative programs that promote consistent achievement of the best legal outcomes at the most compelling overall value. These programs harness analytics, innovative law firm and vendor administration processes, and competitively sourced alternative fee arrangements in support of the legal needs of AIG’s insurance clients in addition to its corporate legal functions. Overall, the programs generated over $200 million in benefits in 2014 alone, while deploying sophisticated analytics to avoid negatively impacting legal outcomes.
A component of the ACC Value Challenge, which promotes reconnecting the cost and value of legal services, the ACC “Value Champions” initiative recognized AIG as one of 12 companies and collaborations that delivered substantial value by better managing costs, improving predictability and achieving better legal outcomes.
American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the United States, the Asia Pacific, and internationally. The company’s Commercial Insurance segment offers general liability, commercial automobile liability, workers’ compensation, excess casualty, and crisis administration causality insurance products; commercial, industrial, and energy-related property insurance products; aerospace, environmental, political risk, trade credit, surety, and marine insurance products, in addition to various insurance products for small and medium sized enterprises; and professional liability insurance products for a range of businesses and risks.
At the end of Tuesday’s trade, Shares of Duke Energy Corporation (NYSE:DUK), gained 0.21% to $76.19.
Duke Energy Corporation, declared the appointment of Doug Esamann, presently president of Duke Energy Indiana, as president of the company’s Midwest and Florida Regions and a corporate executive vice president.
Esamann, 57, will oversee the company’s Indiana, Ohio, Kentucky and Florida utilities, effective June 1, 2015. Formerly, those operations were overseen by Keith Trent, who is retiring.
He will report to Duke Energy CEO and president Lynn Good, and serve on the company’s senior administration committee.
Duke Energy Corporation, together with its auxiliaries, operates as an energy company in the United States and Latin America. It operates through three segments: Regulated Utilities, International Energy, and Commercial Power.
Finally, Pandora Media, Inc. (NYSE:P), ended its last trade with -0.93% loss, and closed at $18.14.
Pandora Media, declared that it has agreed to acquire Next Big Sound, the leading provider of online music analytics, for an unrevealed sum. The deal marks the latest step in Pandora’s commitment to become an indispensable partner to the music industry and accelerates its strategy of harnessing data for the benefit of music makers.
This acquisition will provide Pandora with a powerful analytics tool used by tens of thousands of music makers, labels and marketers looking for data and insights about artists and their fans. Launched in 2009, Next Big Sound combines music consumption data into one centralized platform. The music industry counts on Next Big Sound to:
- Quantify the relationship between social media and revenue.
- Understand the impact of marketing and promotional events such as TV appearances, press interviews, and new releases.
- Drive marketing decisions for artists, managers, agents, publishers, promoters, labels and brands across the global music industry.
- Deploy prediction algorithms to assist identify high-potential artists at the earliest possible stage.
Pandora Media, Inc. provides Internet radio services in the United States. The company allows listeners to create up to 100 personalized stations to access free music and comedy catalogs, in addition to offers Pandora One, a paid subscription service to listeners.
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