On Monday, Infosys Ltd ADR (NYSE:INFY)’s shares inclined 2.91% to $19.44.
Infosys (INFY), a global leader in consulting, technology, outsourcing and next-generation services, declared that it has been positioned as a ‘Leader’ in Gartner’s Magic Quadrant for Oracle Application Administration Services, Worldwide, 2015. Authored by Frances Karamouzis , Gilbert van der Heiden and Kris Doering , the Magic Quadrant evaluates 17 providers’ capabilities to provide Oracle application administration services.
According to Gartner, ‘Leaders are performing well recently, and gaining traction and mindshare in the market. They have a clear vision of the market’s direction and are actively building competencies to sustain their market leadership positions.’
Infosys Limited, together with its auxiliaries, provides business consulting, technology, engineering, and outsourcing services in North America, Europe, India, and internationally.
QEP Resources Inc (NYSE:QEP)’s shares gained 6.58% to $14.83.
QEP Resources, Inc. (QEP) declared that it will host a teleconference and webcast to talk about its third quarter 2015 results starting at 9:00 a.m. EDT (7:00 a.m. MDT) on Thursday, October 29, 2015. QEP will issue a combined third quarter financial and operational results news release Wednesday, October 28, 2015 after market close.
QEP Resources, Inc., through its auxiliaries, operates as an exploration and production company. The company acquires, explores, develops, and produces natural gas, oil, and natural gas liquids (NGLs) primarily in the Pinedale Anticline in western Wyoming; the Williston Basin in North Dakota; the Uinta Basin in eastern Utah; the Permian Basin in western Texas; the Haynesville/Cotton Valley in northwestern Louisiana; and other proven properties in Wyoming, Utah, and Colorado.
At the end of Monday’s trade, Brookdale Senior Living, Inc. (NYSE:BKD)‘s shares surged 1.43% to $25.20.
Brookdale Senior Living Inc. (BKD) declared with great sadness that Granger Cobb, a member of Brookdale’s Board of Directors, passed away earlier this week. After leading Emeritus Corporation since 2007, Mr. Cobb joined Brookdale’s Board of Directors upon Brookdale’s merger with Emeritus in July 2014.
Andy Smith, Brookdale’s CEO, said, “Granger Cobb was a true pioneer and leader in our industry. He had a tremendous impact on the lives of countless seniors and their families and all of the associates who benefited from his leadership and vision. Granger was a key player in bringing together Brookdale and Emeritus in 2014 to create the largest senior living company in America. His vision, friendship and energy will be deeply missed. My deepest condolences go out to his family.”
Granger Cobb worked in the senior living industry for virtually his entire career. Preceding to his service on Brookdale’s Board of Directors, Mr. Cobb was a member of Emeritus’ Board of Directors from 2007 to 2014 and served as Emeritus’ President and Chief Executive Officer from 2011 to 2014 and as its President and Co-Chief Executive Officer from 2007 to 2011. Mr. Cobb joined Emeritus with its acquisition of Summerville Senior Living in 2007, where he had served as President, Chief Executive Officer and a director since 2000. Mr. Cobb joined Summerville in 1998 with its acquisition of Cobbco, Inc., a California-based assisted living company he founded in 1989. Mr. Cobb was active in several industry associations and served on the Boards of Directors of the Assisted Living Federation of America (ALFA) and the National Investment Center for the Seniors Housing & Care Industry (NIC).
Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, Ongoing Care Retirement Communities (CCRCs) Rental, Brookdale Ancillary Services, and Administration Services.
TD Ameritrade Holding Corp. (NYSE:AMTD), ended its Monday’s trading session with 2.95% gain, and closed at $32.09.
TD Ameritrade, Inc. a broker-dealer partner of TD Ameritrade Holding Corporation (AMTD), is releasing the Investor Movement Index® reading for October 2015. The Investor Movement Index, or the IMXSM, is a proprietary, behavior-based index created by TD Ameritrade that aggregates Main Street investor positions and activity to measure what investors are actually doing and how they are positioned in the markets.
September saw the second-largest decrease in the IMX since publishing of the index began in December 2012. As we saw in August, many of the widely held positions within TD Ameritrade client accounts saw decreases in their volatility relative to the market, which pushed the IMX lower. TD Ameritrade clients were also net buyers for the month of September, which typically would work to enhance the IMX reading; however, this month we saw volatility in many of those companies decrease at a faster rate than that of the overall market. This equated to a lower relative volatility and a lower IMX.
After a tumultuous end to August, the major equity market indexes continued to be under pressure to start the September IMX period after weak economic data from China spurred fears of an economic slowdown there. After that initial fear, the markets traded gradually higher through the first three weeks of the September IMX period, only to turn lower following the two-day meeting of the Federal Reserve Board. The Russell 2000 ended the period 3.45% lower, while the S&P 500 and NASDAQ Composite were off around 3%. The Dow Jones Industrial Average lost around 2% during the September IMX period. The much-anticipated Federal Reserve Board meeting and press conference resulted in an declaration that there would be no near-term enhances to the Fed’s key interest rate. The lack of action was attributed to concerns that global economic forces would restrain the domestic economy in the short term, and would likely keep downward pressure on inflation—both of which are key measures for the Fed’s decision on raising rates.
TD Ameritrade Holding Corporation provides securities brokerage services and related technology-based financial services to retail investors, traders, and independent registered investment advisors (RIAs) in the United States.
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