On Monday, Citigroup Inc (NYSE:C)’s shares inclined 0.06% to $51.14.
Citi’s Issuer Services business, acting through Citibank N.A. in its capacity as a depositary bank, declared that it launched a Global Depositary Note (GDN) program in connection with outstanding domestic sovereign bonds of the Republic of Kazakhstan. Citi now offers GDN depositary services for debt securities issued by 15 countries.
During the recent official visit of Kazakhstan President Nursultan Nazarbayev to the United Kingdom, the Ministry of Finance of Kazakhstan and Citi signed a Memorandum of Cooperation on the commercialization of the GDN program.
GDNs are a debt security version of the traditional equity-based depositary receipt (DR) structure, facilitating convenient cross-border access to local debt securities for broker-dealers and institutional investors, namely in the United States to qualified institutional buyers (within the meaning of Rule 144A) and outside the United States to non-U.S. persons (within the meaning of Regulation S). GDNs represent particular local debt securities, replicating the characteristics of the respective local bonds while trading in U.S. dollar terms and settling in Euroclear, Clearstream and the Depository Trust Company.
Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide.
Ingram Micro Inc. (NYSE:IM)’s shares dropped -1.51% to $30.67.
FireEye, Inc. (NASDAQ:FEYE), the leader in stopping advanced cyber attacks, declared a contract with Ingram Micro (NYSE:IM) to market, sell and support FireEye security products throughout the United States and Canada. The new alliance makes FireEye comprehensive advanced threat protection across the network, email and endpoint accessible to Ingram Micro channel partners in the U.S. and Canada to update customers’ legacy security infrastructure and protect against modern threats.
“Customers are turning to channel partners to update security solutions and provide guidance on how to protect against threats on the endpoint and coming through email,” said Steve Pataky, vice president of worldwide channels and alliances at FireEye. “Together with Ingram Micro, we can provide channel partners the ability to deliver advanced endpoint and email protection that goes beyond traditional solutions — and, with the FireEye security platform, gain visibility across the organization to identify and remediate threats. For channel partners, this visibility is key in providing solutions that keep their customer netoperates secure.”
The alliance brings the new FireEye® HX™ Endpoint 3.0 product to more channel partners and businesses throughout the U.S. and Canada. The latest version of FireEye HX extends FireEye Threat Intelligence to the endpoint and adds enterprise search capabilities that enable quick and precise security searches across endpoints. For organizations, this enables unparalleled visibility to rapidly find and mitigate threats by utilizing superior visibility into their endpoints together with insight gathered from cloud and real-time feeds.
Ingram Micro Inc. distributes information technology (IT) products; and provides supply chain and mobile device lifecycle services worldwide. The company offers printers, scanners, displays, projectors, monitors, panels, mass storage, and tape products; digital signage products; digital cameras and video disc players, game consoles, televisions, audio, small appliances, media administration, and home control products; barcode/card printers, AIDC scanners and software, and wireless infrastructure products; Internet protocol video surveillance, security and fire alarm systems, and access control smart cards; processors, motherboards, hard drives, and memory products; and ink and toner supplies, paper, carrying cases, and anti-glare screens.
At the end of Monday’s trade, Range Resources Corp. (NYSE:RRC)‘s shares dipped -3.91% to $21.86.
Range Resources Corporation declared that its Board of Directors declared a quarterly cash dividend on its common stock for the fourth quarter. A dividend of $0.04 per common share is payable on December 31, 2015 to stockholders of record at the close of business on December 15, 2015.
Range Resources Corporation, an independent natural gas, natural gas liquids (NGLs), and oil company, engages in the acquisition, exploration, and development of natural gas and oil properties in the United States. It holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and Midcontinent regions.
