On Wednesday, KAR Auction Services Inc (NYSE:KAR)’s shares inclined 2.06% to $38.18.
KAR Auction Services Inc (KAR) declared it has expanded the company’s Digital Services Group with the acquisitions of Autoniq and MobileTrac, which is doing business as instaVIN.
Autoniq provides real-time information such as vehicle pricing, history reports and market guides to dealers. Its mobile app allows used-car dealers to scan VINs on mobile devices, view auction run lists and access vehicle history reports and market value reports instantly. Autoniq offers access to valued resources such as CARFAX and AutoCheck, in addition to Black Book Daily, NADAguides, Kelley Blue Book and Galves pricing guide information. It also comprises a comprehensive wholesale and retail market reports for all markets in the United States.
MobileTrac provides retail and wholesale car buyers with instaVIN’s vehicle history reports in addition to the instaLEAD and instaDEAL technology through which automotive dealers can attract and structure retail transactions with consumers online.
KAR Auction Services, Inc., together with its auxiliaries, provides vehicle auction services in North America. It operates in three segments: ADESA Auctions, IAA, and AFC. The ADESA Auctions segment offers whole car auctions and related services to the vehicle remarketing industry through online auctions and auction facilities. It also provides value-added services, such as auction related, transportation, reconditioning, inspection, title and repossession administration and remarketing, and analytical services. This segment sells its products and services through vehicle manufacturers, rental car companies, and finance companies.
NCR Corporation (NYSE:NCR)’s shares gained 1.21% to $30.95.
NCR Corporation (NCR) declared that Dunkin’ Donuts has opened its first site in Brazil using NCR restaurant technology and cloud solutions. NCR’s solutions will assist the Brazilian location, which is operated by OLH Group to engage consumers more effectively and operate with greater efficiency.
With a new style, the chain arrives to Brasília and the neighboring Goiás state with an expanded menu adapted to local tastes. The restaurant chain chose NCR solutions to more easily manage daily transactions and gain insights about store performance. Using NCR’s Aloha point-of-sale software, Dunkin’ Donuts will be able to process its orders and payments in the easiest, fastest way possible, enhance speed of service, and improve its operating efficiency.
In the back of the house, NCR is assisting Dunkin’ Donuts to manage stock in real time, thereby allowing a better control of costs and reducing losses. Dunkin’ Donuts will also be able to enjoy the benefits of NCR Configuration Center’s above-store capabilities, allowing the chain to improve operational efficiency at the store-level in their Brazilian locations. Each new item or price change on the menu is automatically synchronized, simplifying administration’s daily work.
Dunkin’ Donuts has committed to using mobility as a competitive advantage to monitor transactions and reports on-demand. NCR Real-Time, a cloud-based mobile app is providing the administration team visibility into its day-to-day operations, enabling the team to make better decisions that directly impact the bottom line.
NCR Corporation, a technology company, provides solutions and services that enable businesses to connect, interact, and transact with their customers worldwide. The company operates through four segments: Financial Services, Retail Solutions, Hospitality, and Emerging Industries.
At the end of Wednesday’s trade, Allison Transmission Holdings Inc (NYSE:ALSN)‘s shares surged 0.03% to $30.68.
Allison Transmission Holdings Inc (ALSN) declared that Marsha A. Mishler has been designated to its board of directors.
Mishler presently serves as senior client executive at Fellon McCord & Associates, an energy consulting services firm to industrial, commercial, higher education, and municipal and cooperative utility clients globally, a position she has held since 2012. Formerly, from 2003 until 2012, Mishler was a corporate account manager at Fellon McCord, and from 1997 through 2003, she formed and ran a project consulting practice. Following her graduation from Purdue University’s Krannert School of Administration in 1991 with an Executive Master of Business Administration, Mishler worked for Louisville Gas and Electric Co. until 1995.
Mishler’s initial term will expire at the 2017 annual meeting of stockholders, at which time it is predictable that Mishler will be comprised of as a nominee for re-election.
Allison Transmission Holdings, Inc., together with its auxiliaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical U.S. defense vehicles. It offers transmissions for various applications, counting distribution, refuse, construction, fire, and emergency on-highway trucks; school, transit, and hybrid-transit buses; motor homes; energy, mining, and construction off-highway vehicles and equipment; and wheeled and tracked defense vehicles.
Lincoln National Corporation (NYSE:LNC), ended its Wednesday’s trading session with 1.93% gain, and closed at $58.48.
Lincoln National Corporation (LNC) declared the launch of its new OptiBlendSM Fixed Indexed Annity, a flexible premium deferred fixed indexed annuity (FIA), that blends the safety of principal protection with upside market potential.
Lincoln’s new solution offers four interest crediting strategies providing clients with a combination of growth potential and capital preservation. These choices for accumulation potential comprise: a fixed account, for those who want predictable fixed account growth – without being tied to market performance; 1-year Point-to-Point Cap and Performance triggered indexed accounts tied to the performance of the S&P 500 Index and a brand new indexed account tied to a risk controlled version of the S&P 500 Index.
Lincoln’s OptiBlend features a new Volatility-Controlled Point-to-Point Indexed Account, where the interest credit is based on the performance of the S&P 500 Daily Risk Control 5% Index, giving investors exposure to the S&P 500 Index at a set risk level. A spread will be applied to the return of the S&P 500 Daily Risk Control 5% Index to determine the interest credit a client will receive. The spread acts as a hurdle rate with all index performance over the spread credited to the client’s account. Since volatility is managed within this Index, a lower spread can be offered than one based on the S&P 500 without risk control.
Lincoln National Corporation, through its auxiliaries, engages in multiple insurance and retirement businesses in the United States. It operates through Annuities, Retirement Plan Services, Life Insurance, and Group Protection segments. The company sells a range of wealth protection, accumulation, and retirement income products and solutions.
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