On Wednesday, Shares of American Express Company (NYSE:AXP), lost -0.56% to $76.17. The stock attained the volume of 3.09 million shares.
Alliance an industry consortium launched in 2013 to revolutionize online security with open standards for simpler, stronger authentication, declared that American Express, Infineon, and VASCO have been designated to the FIDO board of directors. The 28-member board represents the diversity of interests and markets comprising the global support for the FIDO ecosystem.
Infineon takes a board position, after launching the FIDO Alliance with six founding members in 2013. Originally a FIDO sponsor, VASCO ascends to the board, while American Express joins the FIDO Alliance as a board member.
“As the lines between offline and online commerce blur, addressing identity verification for managing payments is pivotal to the future of the financial industry,” said Upendra Mardikar, Vice President, Security Strategy, Architecture & Engineering at American Express. “Partnering with experts in FIDO will enable American Express and the financial industry to pave the path to more secure payments.”
American Express Company, together with its auxiliaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide.
Shares of CBS Corporation (NYSE:CBS), surged 0.26% to $42.45, during its last trading session.
Pop is a joint venture of CBS Corporation (NYSE: CBS.A and CBS), A pop culture, trivia-based game show, EASIEST GAME SHOW EVER, will head into production on October 19th on Pop with 20 episodes. Hosted by quick-witted comedian and actor Michael Ian Black (“The Jim Gaffigan Show,” “Wet Hot American Summer,” “The State”), EASIEST GAME SHOW EVER puts a new twist on “True or False?” and gives contestants the opportunity to win up to $100,000 cash per episode.
Debuting in early 2016, EASIEST GAME SHOW EVER is executive produced by Nigel Lythgoe (“American Idol,” “So You Think You Can Dance”) and Gail Berman (“Cooper Barrett’s Guide to Surviving Life”) with executive producer Barry Poznick (“Are You Smarter Than a 5th Grader?”).
“EASIEST GAME SHOW EVER is a fun, fresh take on the traditional game show. I am delighted to be working with Pop, Nigel, Michael and an incredibly talented creative team to bring this show to audiences, who we know will enjoy joining in and testing their own pop culture knowledge at home,” said Berman.
CBS Corporation operates as a mass media company worldwide. It operates through four segments: Entertainment, Cable Networks, Publishing, and Local Broadcasting.
Finally, FMC Corp (NYSE:FMC), ended its last trade with 6.05% gain, and closed at $38.55.
FMC Corporation (FMC) declared that, due to the recent rapid devaluation of the Brazilian real, the company is reducing third-quarter and full-year outlook for its Agricultural Solutions segment. The company anticipates third-quarter segment earnings of $59 million and fourth-quarter segment earnings to be in the range of $110 to $130 million. Assuming an adjusted tax rate of 27 percent, adjusted earnings are predictable to be $0.38 per share for the third quarter and in the range of $2.35 to $2.45 per share for the full year.
A rapid devaluation of the Brazilian real, which depreciated over 50 percent as compared to the U.S. dollar in the past 12 months, and over 25 percent as compared to the U.S. dollar during the third quarter alone, has created noteworthy headwinds that will continue to impact Agricultural Solutions segment earnings in the second half of 2015.
Customer-held inventory levels remain elevated, limiting FMC’s ability to enhance prices quickly enough to fully offset the impact of these currency movements. During the third quarter, FMC recovered about 40 percent of the foreign exchange impact through price enhances. The company estimates that the devaluation of the Brazilian real in the second half of 2015 will reduce segment earnings by between $200 million and $240 million, which will be partially offset by price enhances of $90 million to $110 million.
FMC Corporation, a diversified chemical company, provides solutions, applications, and products for the agricultural, consumer, and industrial markets in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. The company operates through three segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium.
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