On Thursday, Shares of Microsoft Corporation (NASDAQ:MSFT), lost -0.10% to $44.40.
Microsoft Corporation, will publish fiscal year 2015 fourth-quarter financial results after the close of the market on Tuesday, July 21, 2015 on the Microsoft Investor Relations website at http://www.microsoft.com/investor. A live webcast of the earnings conference call will be made accessible at 2:30 p.m. Pacific Time.
Microsoft Corporation develops, licenses, markets, and supports software, services, and devices worldwide. The company’s Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system.
Shares of Northern Trust Corporation (NASDAQ:NTRS), declined -0.35% to $76.68, during its last trading session.
More than 45 percent of fund managers, prospective clients and consultants attending a Northern Trust Corporation, seminar on regulation, hosted by its Depositary Services business in London this month, said they believed ongoing regulatory reform was the single largest driver in the evolution of the UK funds industry.
“The pace of European regulatory change is set to continue and, now more than ever, there is a greater need for aligned solutions to meet both the challenges and opportunities brought by regulation,” said Toby Glaysher, head of Global Fund Services for Europe, Middle East and Africa at Northern Trust. “At Northern Trust we are dedicated to assisting our clients stay ahead of, and take advantage of, any opportunity resulting from regulatory change.”
Whilst the survey demonstrated regulatory reform is the driver in the evolution of the UK funds industry, the majority of respondents (74 percent) believed their investors viewed regulatory implementation as a cost overhead with limited value, with only 26 percent citing that investors valued the added protection, transparency and clarity they get as part of raised regulation.
These findings echoed a previous survey conducted by Northern Trust in 2013 where two thirds (66 percent) of fund managers said they saw the Alternative Investment Fund Managers Directive (AIFMD) primarily as a compliance exercise, despite the creation of a pan-European passporting regime which aims to make distribution easier and therefore benefit investors.
Northern Trust Corporation, a financial holding company, provides asset servicing, fund administration, asset administration, fiduciary, and banking solutions for corporations, institutions, families, and individuals worldwide.
Finally, USG Corporation (NYSE:USG), ended its last trade with -0.50% loss, and closed at $27.75.
USG Corporation, declared nationwide availability of the first and lightest Type X wallboard in the industry, USG Sheetrock® Brand UltraLight Panels Firecode® X. This panel is accessible in one of two Underwriters Laboratories Inc. (UL) Type Designations (Type ULIX and Type ULX), depending on geography.
These panels are the industry’s first lightweight Type X gypsum panel designed for commercial and residential construction. Both UL Type Designations of USG Sheetrock® Brand UltraLight Panels Firecode® X have been formulated to achieve all the strength and performance characteristics as standard 5/8″ USG Sheetrock® Brand Firecode® Gypsum Panels at a significantly reduced weight. For contractors and gypsum specialty dealers, lighter weight means transportation efficiencies, productivity gains, reduced fatigue during handling and possible safety benefits.
“USG is the industry leader in gypsum panel technology and is the only manufacturer to offer a full portfolio of lightweight products,” said Dan Schmidt, Director, Product Administration -Wallboard at USG. “The new UL Type ULIX panel was developed utilizing a proprietary formulation. The primary difference between the ULIX and ULX panels is that the ULIX board requires the use of insulation in the cavity on one-hour fire-rated steel-framed assemblies, which is an industry best practice designed to meet thermal and acoustical performance requirements,” adds Schmidt.
USG Corporation, through its auxiliaries, operates as a manufacturer and distributor of building materials worldwide. Its Gypsum segment provides gypsum and related products that are used to construct walls, ceilings, roofs, and floors of residential, commercial, and institutional buildings, in addition to in various industrial applications.
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