On Wednesday, Interpublic Group of Companies Inc (NYSE:IPG)’s shares inclined 0.54% to $20.63.
McCann Worldgroup, part of the Interpublic Group of Companies Inc (IPG). McCann Wordgroup declared the appointment of Bruno Tallent as CEO of McCann Worldgroup France. Tallent joins from TBWAFrance, where he served as a VP and as the Founder/CEO of BEING, TBWA’s global integrated agency offering. As part of the transition, Philippe Lentschener will be leaving the agency.
Tallent will be responsible for leading McCann Worldgroup’s 400+ employees in France to deliver integrated marketing solutions across McCann Worldgroup agencies serving both global and local clients.
Bruno Tallent has more than 25 years of experience in advertising agency leadership, counting startups and mergers, across the landscape of the French advertising industry. Since 2000, he has worked at TBWAFrance, which he joined as Brand Director on the France Telecom/Orange business, coordinating 15 separate agencies. As he rose through the leadership ranks, he launched numerous new companies across a wide array of disciplines. In 2010 he led the merger of TBWAConsulting with JUMP, MAP and Integer to become the CEO of BEING, TBWA’s new model for a global integrated agency.
The Interpublic Group of Companies, Inc. provides advertising and marketing services. The company operates in two segments, Integrated Agency Networks and Constituency Administration Group. It offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines.
Store Capital Corp (NYSE:STOR)’s shares dropped -2.86% to $20.38.
STORE Capital Corporation (STOR) declared the pricing of its follow-on public offering of 11,562,500 shares of common stock to be sold by the Company and 6,937,500 shares of common stock to be sold by the selling stockholder, at a public offering price of $20.25 per share. In connection with the offering, the selling stockholder has also granted the underwriters a 30-day option to purchase up to 2,775,000 additional shares of common stock. The offering is predictable to close on June 9, 2015, subject to customary closing conditions.
STORE Capital intends to use the net proceeds from the primary portion of the offering to repay amounts outstanding on its revolving credit facilities and to fund property acquisitions subject to purchase contracts in the ordinary course of business. The Company will not receive any proceeds from shares of common stock to be sold by the selling stockholder.
STORE Capital is a privately owned real estate investment trust. The firm invests in the real estate markets. It primarily invests in single-tenant properties counting chain restaurants, supermarkets, drugstores and other retail, service and distribution facilities. STORE Capital is based in Scottsdale, Arizona.
At the end of Wednesday’s trade, Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE)‘s shares surged 1.90% to $1.07.
Yingli Green Energy Hold. Co. Ltd. (ADR) (YGE) declared that its joint venture with Shuozhou Coal Power Co., Ltd. (“Shuozhou Coal Power”), a wholly-owned partner of Datong Coal Mine Group Co., Ltd. (“Datong Coal Mine Group”) has connected a 50 megawatt solar power plant that it developed to the utility grid in Shanxi province, China. Yingli holds a 30% equity stake in the joint venture, which was created to develop and construct utility-scale solar projects in Shuozhou City, one of Shanxi province’s largest cities.
Based on internal system performance estimates, the project is predictable to yield annual revenues of RMB 64 million ($10.3 million USD) from national feed-in-tariffs each year for the next 20 years. The system contains about 170,000 multicrystalline Yingli Solar panels, and the electricity they generate is predictable to offset about 77,000 tons of carbon emissions annually.
Yingli Green Energy Holding Company Limited, together with its auxiliaries, designs, develops, markets, manufactures, sells, and installs photovoltaic (PV) products in the People’s Republic of China and internationally.
Speed Commerce Inc (NASDAQ:SPDC), ended its Wednesday’s trading session with 0.46% gain, and closed at $0.260.
Speed Commerce Inc (SPDC) will conduct a conference call on Monday, June 15, 2015 at 10:00 a.m. Eastern time (9:00 a.m. Central time) to talk about its financial results for the fiscal fourth quarter ended March 31, 2015. The financial results will be stated in a press release prior to the conference call.
Speed Commerce, Inc. provides e-commerce and fulfillment services to retailers and manufacturers in the United States and Canada. It offers Web platform development and hosting, order administration, fulfillment, logistics, and contact center services, which provide customers with transaction-based services and information administration tools. The company was formerly known as Navarre Corporation and changed its name to Speed Commerce, Inc. in September 2013. Speed Commerce, Inc. was founded in 1983 and is headquartered in Richardson, Texas. DISCLAIMER:
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