During Wednesday’s Current trade, Shares of Becton, Dickinson and Co. (NYSE:BDX), lost -0.91% to $145.74.
BD (Becton, Dickinson and Company) (BDX), a leading global medical technology company, declared recently an updated sustainability strategy and aims for 2020 as part of the release of its 2014 Sustainability Report.
The company’s new aims reflect a broader and more integrated agenda than in past years, recognizing four planned areas where BD will focus its efforts and reporting going forward:
- Innovation– health care safety, reach and cost
- Access– health care in resource-limited populations
- Efficiency– environmentally sound products and resilient operations
- Empowerment– positive workforce and community impacts
This is BD’s seventh annual Sustainability Report, highlighting progress achieved within the company’s past fiscal year between Oct. 1, 2013 and Sept. 30, 2014. The company plans to continue its long history of shared value creation, which addresses unmet societal needs through business models and initiatives that also contribute to commercial success.
Becton, Dickinson and Company, a medical technology company, develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products worldwide. The companys BD Medical segment produces medical devices, such as needles, syringes, and intravenous catheters for medication delivery; prefilled IV flush syringes; syringes and pen needles for use in the treatment of diabetes; prefillable drug delivery systems; anesthesia needles and trays; sharps disposal containers; and closed-system transfer devices.
Shares of UBS Group AG (USA) (NYSE:UBS), declined -1.17% to $21.94, during its current trading session.
Following the successful completion of the 2014 exchange offer by UBS Group AG to acquire all issued shares of UBS AG, UBS Group AG filed a request with the Commercial Court of the Canton of Zurich on 9 March 2015 for a procedure under article 33 of the Swiss Stock Exchange Act (the “SESTA Procedure”), following which all UBS AG shares that remain publicly held will be cancelled and UBS Group AG shares will be delivered as compensation.
The Commercial Court of the Canton of Zurich has now declared UBS AG shares of the remaining minority shareholders to be invalid. As a result holders of UBS AG shares will be compensated through the delivery of UBS Group AG shares on a share-for-share basis in accordance with the exchange ratio of the 2014 exchange offer. In order to source these shares and to exchange UBS AG shares attained through private exchanges on a one-to-one basis outside the United States preceding to the court decision, new UBS Group AG shares (88,825,456 shares, nominal value of CHF 0.10 each) will be issued from the creation of new registered shares out of authorised share capital and the remainder of the shares will be sourced from existing treasury shares. The total issued share capital of UBS Group AG post capital enhance will comprise of 3,844,779,030 shares, nominal value of CHF 0.10 each. Upon effectiveness of cancellation of the UBS AG shares of the remaining minority shareholders until delisting, the UBS AG shares traded on SIX Swiss Exchange represent a right to receive such compensation.
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. This division offers investment administration solutions and wealth planning and corporate finance advisory services, in addition to a range of specific offerings.
Deutsche Bank AG (USA) (NYSE:DB), during its Wednesday’s current trading session decreased -1.42% to $31.34.
Deutsche Asset & Wealth Administration’s (Deutsche AWM) Alternatives and Real Assets (ARA) business recently declared that it has attained the Wicker Park Commons shopping plaza in Chicago, IL, for one of its investment funds.
Located at 1265-1303 North Milwaukee Avenue, Wicker Park Commons is an urban infill Class-A shopping center with strong credit tenancy, anchored by a dominant grocer and national home improvement store.
Deutsche Bank AG provides investment, financial, and related products and services worldwide. Its Corporate Banking & Securities division engages in selling, trading, and structuring a range of fixed income, equity, equity-linked, foreign exchange, and commodities products. This division also provides mergers and acquisitions, equity and debt financing, and general corporate finance advice, in addition to various financial services to public sector.
Finally, Sothebys (NYSE:BID), decreased -0.70%, to $38.16.
Sotheby’s (BID) declared that it will repurchase shares following an Accelerated Share Repurchase Program (ASR) for an aggregate purchase price of $125 million. Under the ASR agreement Sotheby’s will receive an initial delivery of about 2,667,000 shares. The repurchase is part of the Company’s formerly declared $250 million share repurchase authorization. Under the ASR agreement the Company may receive additional shares of its common stock, or may need to make additional payments in respect of the shares it received, based on the daily volume-weighted average price of the shares during the term of the agreement.
Sotheby’s operates as an auctioneer of authenticated fine art, decorative art, and jewelry in the United States, the United Kingdom, China, France, Switzerland, and internationally. It operates through three segments: Agency, Principal, and Finance. The Agency segment accepts property on consignment, stimulates buyer interest through professional marketing techniques, and matches sellers to buyers through the auction or private sale process.
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