On Tuesday, Shares of Bank of America Corporation (NYSE:BAC), gained 3.26% to $16.16.
Bank of America executive Martin Richards has joined HSBC in San Francisco as executive vice president and U.S. head of middle-market banking, according to his LinkedIn profile.
In recent weeks, his exit from BofA has been cloaked in mystery, with BofA not responding to requests for comment on his departure and an HSBC spokesman at one point describing talk of his joining the bank as “speculation.”
Richards played a highly visible role at California’s largest bank. For part of his tenure at BofA, (NYSE: BAC) he was San Francisco market president. Most recently he was, as his LinkedIn profile puts it, “enterprise client coverage executive.” Essentially, he assisted deliver all of the bank’s services to business clients. American City Business Journals Reports
In that role, Richards worked with BofA senior executives across the country and had monthly one-on-one calls with BofA CEO Brian Moynihan.
Richards originally joined Bank of America in 1992 and returned in 2001, after working at an Internet startup and elsewhere. American City Business Journals added.
Bank of America Corporation is a bank holding company. The company, through its auxiliaries, operates through Consumer and Business Banking; Consumer Real Estate Services; Global Wealth and Investment Administration; Global Banking; Global Markets; and Other segments.
Shares of Wal-Mart Stores Inc. (NYSE:WMT), inclined 3.90% to $66.38, during its last trading session.
Ree Drummond, the force behind the wildly popular The Pioneer Woman blog, host of her own show on the Food Network, and New York Times bestselling cookbook author is launching an extensive collection of modern country housewares exclusively at Walmart. Featuring tableware, glassware, cookware, bakeware and more, the collection evokes Ree’s fresh and fun country style and joins Walmart’s broad assortment of affordable home and kitchen products. The Pioneer Woman collection comprises items for every step in the kitchen – prep, cook, serve, dine and drink!
In partnership with Gibson Overseas, Inc., a leading producer of tabletop and houseware items, Ree’s collection will launch exclusively on Walmart.com starting Sept. 1 and in Walmart stores starting on Sept. 14. With colorful hues and brilliant florals, the items have a true sense of Ree’s rustic flair. The Pioneer Woman collection showcases playful mix-and-match tableware that makes hosting a breeze. The cast iron cookware and durable Dutch ovens combine functionality and style to cater to home cooks everywhere. Additionally, the collection’s pressed glass goblets and tumblers are sure to shine in any tablescape! With competitive pricing and ease of use, The Pioneer Woman collection is a great addition to Walmart’s wide array of kitchen must-haves.
“With Ree’s powerful presence and eye for beautiful details, we are thrilled to be working hand in hand with her to create a high-quality and practical collection,” said Sal Gabbay, CEO of Gibson. “The Pioneer Woman essence is present in every piece in the line, and we look forward to its debut at Walmart.”
“Walmart is delighted to be the exclusive home of The Pioneer Woman collection throughout the holiday season,” said Shelley Huff, vice president of cook, dine kitchen electronics for Walmart U.S. “This collection is an exciting, fresh line of kitchen and tableware that has something for everyone – the charm for small family dinners, the style for entertaining friends and the great quality for serious cooks.”
Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam’s Club.
Finally, Sysco Corporation (NYSE:SYY), ended its last trade with 1.26% gain, and closed at $40.07.
Sysco Corporation declared that it will webcast presentations from its Investor Day starting at 12:45 p.m. (Eastern), Tuesday, September 15.
The live webcast and the slide presentation for the event can both be accessed at www.sysco.com/investors. An archived replay of the webcast will be available shortly after the live event is accomplished.
Sysco Corporation, through its auxiliaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry.
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