On Thursday, Shares of Regions Financial Corporation (NYSE:RF), lost -1.34% to $10.27.
Regions Bank on Thursday declared that the nonprofit Arc of Madison County in Huntsville, Ala., is the 2015 winner of the Regions Bank “What a Difference a Day Makes” online contest.
The Arc of Madison County will receive 100 volunteer hours from Regions associates and $5,000 from the company. All other nominees in the contest will each receive 50 volunteer service hours from Regions associates in addition to $1,000 from the company.
In recognition of the 25th anniversary of the Americans with Disabilities Act, nonprofits featured in this year’s contest serve people with disabilities. The nonprofits are highlighted in individual profiles published on www.regionsbanknews.com. Throughout the contest, online visitors were encouraged to learn about each organization and then vote for their favorites.
Regions Financial Corporation, together with its auxiliaries, provides banking and bank-related services to individual and corporate customers in the United States. Its Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending, in addition to equipment lease financing services.
Shares of UBS Group AG (NYSE:UBS), inclined 1.58% to $21.87, during its last trading session.
UBS Global Asset Management, and BB Gestão de Recursos DTVM S.A (“BB DTVM”), the asset administration arm of Banco do Brasil (“BB”), declared a joint partnership to provide Brazilian institutional investors the opportunity to invest in global sustainable equities.
Global investing is increasingly capturing the attention of institutional investors in Brazil. The local pension fund system, with close to R$ 674 billion1 in total assets, is presently allocated almost entirely to domestic investments but starting to invest internationally. In addition, sustainable investing is becoming a key focus for investors, with 17 leading Brazilian pension funds now signatories to the United Nations’ Principles for Responsible Investment (“PRI”) (www.unpri.org).
To meet this growing demand, BB DTVM will launch a registered feeder fund (in compliance with CMN Resolution 3,792) giving investors access to the UBS Global Sustainable Equity portfolio (“GSE”). GSE seeks to maximize total return with a sustainable investment approach, using a unique positive screening process that combines material sustainability factors and fundamental valuation analysis. Managed by UBS Global AM’s Sustainable Equities team, GSE has a track record that dates back to 1997 and ranks in the top quartile of Global All Cap Core Equity managers (eVestment Alliance) over 1, 3 and 5 years.
UBS Group AG, together with its auxiliaries, provides wealth administration, retail and corporate, asset administration, and investment banking products and services worldwide. The company’s Wealth Administration division provides financial services to wealthy private clients.
Finally, NOW Inc. (NYSE:DNOW), ended its last trade with -0.31% loss, and closed at $19.60, hitting its lowest level.
NOW Inc., declared that it has reached an agreement to purchase Odessa Pumps and Equipment, Inc. Terms of the all-cash transaction, which remains subject to customary closing conditions, counting regulatory approval, were not revealed.
Robert Workman, President and CEO of NOW Inc., commented, “The addition of Odessa Pumps and Equipment not only offers DistributionNOW the ability to expand our products and services offerings to our key energy customers in areas where both firms presently operate, but also gives us the opportunity to leverage Odessa Pumps’ business model, expertise and manufacturer relationships within the extensive DNOW infrastructure not presently serviced by Odessa Pumps to grow our customer participation organically. In addition to the results we can deliver by working together in the energy sector, both company’s downstream, industrial and municipal businesses will benefit from the strengths of each firm.”
NOW Inc. distributes energy and industrial products in the United States, Canada, and internationally. It offers consumable maintenance, repair, and operating supplies; and pipes, valves, fittings, flanges, electrical products, artificial lift solutions, mill tools, safety supplies, and spare parts, in addition to provides application systems and parts integration, optimization solutions, and after-sales support services.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
