On Monday, Banco Bilbao Vizcaya Argentaria SA (ADR) (NYSE:BBVA)’s shares declined -0.61% to $9.83.
Banco Bilbao Vizcaya Argentaria SA (ADR) (BBVA) and the City of Birmingham are teaming up to push forward the city’s renaissance, Mayor William Bell declared at the 2015 African American Mayors Association conference.
The two have formed a working group to explore ways the bank can support the city’s economic and community development programs and strengthen its 23 communities and 99 neighborhoods. The news, which puts one of Birmingham’s major employers and most vocal boosters behind the city’s revitalization efforts, is part of the bank’s recent pledge to put $11 billion in lending, investments and services toward supporting low- and moderate-income individuals and neighborhoods across its footprint. It comes on the heels of several moves BBVA Compass has made to build up its headquarters city.
Banco Bilbao Vizcaya Argentaria, S.A. engages in the retail banking, wholesale banking, asset administration, and private banking businesses primarily in Spain, Eurasia, Mexico, South America, and the United States. It offers deposit products, counting personal accounts, housing accounts, savings accounts, deposit accounts, etc.; and loan products, such as personal loans, mortgages, etc.; credit cards; investment products comprising mutual funds, warrants, and pension plans; and telephone and on-line banking services, in addition to ATMs for individual customers.
KKR & Co. L.P. (NYSE:KKR)’s shares dropped -0.35% to $22.87.
KKR & Co. L.P. (KKR) declared that Alex Navab, Head of Americas Private Equity, will present at the Morgan Stanley Financials Conference on Tuesday, June 9, 2015 at 1:15 PM EDT.
Gulf Bay Group declared that a new joint venture formed by a wholly owned associate of the Gulf Bay Group and KKR has purchased one of only two remaining developable land parcels in Pelican Bay for a cash payment of $80 million.
Under the direction of Aubrey J. Ferrao, who founded Gulf Bay Group of Companies in 1986, Gulf Bay has successfully accomplished 14 luxury properties along a 1.5-mile stretch of Gulf-front land within the prestigious Pelican Bay community.
The joint venture, known as KRE GB Pelican 1, purchased the land, indirectly, from Parcel J Joint Venture. No plans for the parcel have been released.
KKR & Co. L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, administration buyouts, credit special situations, growth equity, mature, mezzanine, distressed, and middle market investments. The firm considers investments in all industries with a focus on technology and hardware, energy and infrastructure, real estate, services industry with a focus on business services, intelligence, industry-leading franchises and companies in natural resource, containers and packaging, agriculture, airports, ports, forestry, electric utilities, textiles, apparel and luxury goods, household durables, digital media, insurance, brokerage houses, non-durable goods distribution, supermarket retailing, grocery stores, food, beverage, and tobacco, hospitals, entertainment venues and production companies, publishing, printing services, capital goods, financial services, specialized finance, pipelines, and renewable energy.
At the end of Monday’s trade, 3M Co (NYSE:MMM)‘s shares dipped -0.06% to $158.98.
Ever-shrinking electronic component sizes, driven by wafer-level chip scale packaging, demand that circuit board manufacturers deliver performance, speed and reliability in these advanced and ultra-small packages. A new generation of cover tape from 3M enables near-flawless placement of recently’s shrinking chips on circuit boards without sticking, static charge or contamination.
Plus, 3M’s global supply, delivery and customer service means that industry-leading technology and support is accessible across the world and around the clock, wherever 3M products are used.
3M provides a wide array of innovative products and systems that enable greater speed, brightness and flexibility in recently’s electronic devices, while addressing industry needs for raised thinness, sustainability and longevity. Using the most recent R&D advances in materials and science, 3M offers technology, materials and components to create exceptional visual experiences; enable semiconductor processes and consumer electronics devices, and enhance and manage signals.
3M Company operates as a diversified technology company worldwide. Its Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; ceramics; sealants; specialty materials; filtration products; closure systems for personal hygiene products; acoustic systems products; automotive components; abrasion-resistant films; structural adhesives; and paint finishing and detailing products.
Scientific Games Corp (NASDAQ:SGMS), ended its Monday’s trading session with 0.92% gain, and closed at $15.36.
Scientific Games Corp (SGMS) declared that Penn National Gaming’s new Plainridge Park Casino, Massachusetts’ first casino, located in Plainville, Mass., will open with a broad suite of the Company’s systems and games solutions to drive casino revenue and operating efficiencies and empower an exceptional gaming experience for players.
Scientific Games hit several noteworthy milestones with the Penn National Gaming agreement. The Company’s Bally, WMS, and Shuffle Master-branded games will account for 44 percent floor share of new gaming devices, and Plainridge will be the first casino in the country to implement a Bally play-administration system for responsible gaming, which is a voluntary option for customers and is required by the Massachusetts Gaming Commission.
Scientific Games Corporation develops technology-based products and services, and associated content for the gaming and lottery industries worldwide. The company operates through three segments: Gaming, Lottery, and Interactive. The Gaming segment offers gaming machines, conversion kits, automatic card shufflers, roulette chip sorters, and spare parts; leases gaming machines, automatic card shufflers, roulette chip sorters, and server-based gaming systems and content; and licenses proprietary table game content.
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