On Tuesday, Shares of Alcoa Inc. (NYSE:AA), lost -0.73% to $13.55.
On May 1, Alcoa declared changes to its Board of Directors recently effective with the Company’s Annual Meeting of Shareholders held in Pittsburgh. Dr. Judith Gueron, an Alcoa director since 1988 and its Lead Director since 2010, who did not stand for re-election when her term expired at the Annual Meeting, stepped down from the Board of Directors. Succeeding Gueron as Lead Director is Patricia Russo, a member of the Alcoa Board since 2008.
Russo is the former Chief Executive Officer of Alcatel Lucent, a communications company, and earlier served as Chairman of Lucent Technologies Inc. She led Lucent’s cross-border merger negotiations with Alcatel, a French company, and became the merged organization’s first chief executive. Russo also has held senior executive positions at AT&T and Avaya Inc. As a member of Alcoa’s Board of Directors, Russo has chaired the Compensation and Benefits Committee, and is a member of the Executive Committee, and Governance and Nominating Committee.
Other business at the annual meeting comprised of election by shareholders of Kathryn Fuller, Rafael Reif, Patricia Russo and Ernesto Zedillo to three-year terms on the Board; ratification of the appointment of the independent auditors; and approval, on an advisory basis, of executive compensation.
With Russo’s move to Lead Director, she was designated chair of Alcoa’s Governance and Nominating Committee, and Michael G. Morris, stepped down chairman of American Electric Power Company, was designated chair of Alcoa’s Compensation and Benefits Committee. In addition, Kathryn Fuller was designated to the Governance and Nominating Committee and Executive Committee and Rafael Reif was designated to the Public Issues Committee.
Alcoa Inc. produces and manages primary aluminum, fabricated aluminum, and alumina worldwide. The company operates through four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions.
Shares of The Boeing Company (NYSE:BA), declined -0.32% to $145.43, during its last trading session.
The Boeing Company, and Turkish Airlines celebrated a milestone with the delivery of the airline’s 125th airplane purchased from Boeing – a Next-Generation 737-900ER – and one of 12 airplanes the Turkish flag-carrier will take delivery of this year.
Boeing and Turkish Airlines’ relationship stretches back to 1968 when the airline first purchased one McDonnell Douglas DC-9. In 1974, it began operating the first of the Boeing 7 Series, taking delivery of two 727-200s. Since then, Turkish has grown to become one of the world’s leading carriers and presently operates a mix of Boeing 777-300ERs and 737 Next-Generation airplanes.
The Boeing Company, together with its auxiliaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide.
At the end of Tuesday’s trade, Shares of Progressive Corp. (NYSE:PGR), lost -0.33% to $26.97.
The Progressive® Group of Insurance Companies is expanding the definition of a classic car, when it comes to auto insurance. Some brand new vehicles and even others with values as low as $5,000 may qualify for specialized, low cost classic car coverage through Progressive Advantage℠ Classic Car Insurance, powered by Hagerty®. Progressive, the fourth largest auto insurer has expanded its partnership with Hagerty, a leader in classic car insurance, to make quoting by phone and online even easier for customers. It’s another step forward for Progressive in expanding its offerings to meet all its customers’ insurance needs.
If a vehicle fits the following criteria, it could qualify for classic car coverage:
- The vehicle is an extra vehicle in the household. It’s not a daily driver and is primarily used for pleasure driving.
- The vehicle is parked inside a locked garage when not in use.
- The vehicle is well maintained and kept in good working condition.
The Progressive Corporation, an insurance holding company, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. The company’s property-casualty insurance products protect its customers against losses due to collision and physical damage to their motor vehicles, uninsured and underinsured bodily injury, and liability to others for personal injury or property damage arising out of the use of those vehicles.
Finally, FireEye, Inc. (NASDAQ:FEYE), ended its last trade with -1.38% loss, and closed at $41.30.
PFU Systems, a Fujitsu company and provider of network access control and security technology, and FireEye declared an integration between PFU System’s award-winning iNetSec Smart Finder and the FireEye NX Series security platform to improve enterprise defense against advanced attacks. The integration addresses the increasing sophistication of threat actors and the rise of advanced persistent threat attacks, which have elevated the role of cyber security. According to the most recent M-Trends report, attackers were present on a victim’s network a median of 205 days before being discovered.
The integrated solution offers improved protection by combining the capabilities of FireEye NX and iNetSec Smart Finder. When FireEye NX detects malware, customers can isolate the infected machine in addition to automatically prevent further device infection, stopping lateral movement. Based on FireEye alerts, iNetSec Smart Finder can block lateral communications between infected machines, stopping machine-to-machine communications within the enterprise environment.
FireEye, Inc., together with its auxiliaries, provides cybersecurity solutions for detecting, preventing, and resolving cyber-attacks. The company offers vector-specific appliance solutions that provide threat protection from network to endpoint for inbound and outbound network traffic that may contain sensitive information.
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