On Friday, Starwood Hotels & Resorts Worldwide Inc NYSE:HOT)’s shares inclined declined -0.92% to $82.18.
Starwood Hotels & Resorts Worldwide Inc (HOT) has declared the debut of its eco-friendly hotel brand, Element, in Suzhou, China in association with Suzhou Science and Technology Town Kexin Cultural Tourism Development Co., Ltd. This is the first Element-branded hotel in the Asia Pacific.
Suzhou, a rapidly growing secondary Chinese city, is fast converting into a tech-driven industrial zone. Presently, the city is home to several electronics, IT, biotechnology, pharmaceutical, electrical machinery and chemicals companies.
This 188-room property has a meeting space, business center and many other amenities. The hotel will benefit from its close proximity to major Chinese cities like Shanghai, Jialingjiang and Wuyishan. The hotel is also well connected with the Sunan Shuofang International Airport, a high speed rail network and modern expressways.
Starwood Hotels & Resorts Worldwide, Inc., together with its auxiliaries, operates as a hotel and leisure company worldwide. The company owns, operates, and franchises luxury and upscale full-service hotels, resorts, residences, retreats, select-service hotels, and extended stay hotels under the St. Regis, The Luxury Collection, W, Westin, Le Méridien, Sheraton, Four Points, Aloft, and Element brand names. I
Cincinnati Bell Inc. (NYSE:CBB)’s shares dropped -0.26% to $3.89.
Cincinnati Bell Inc. (CBB) underwent audits to certify that its Infrastructure as a Service and its Dedicated Backup offerings are compliant with SSAE-16/SOC requirements and the Health Insurance Portability and Accountability Act of 1996 (HIPAA).
In May, CBTS underwent an objective evaluation of the design and operating effectiveness of controls that address operations and compliance, in addition to controls that are relevant to its customers’ financial reporting. The independent auditing firm IS Partners LLC of Horsham, Pa., performed the reviews. IS Partners’ professional staff has collectively accomplished over 800 SAS 70, SSAE 16 and SOC audits, internal control readiness assessments, trust service audits, HIPAA assessments, and information technology audits.
Cincinnati Bell Inc. provides diversified telecommunications and technology services primarily in Greater Cincinnati and Dayton, Ohio areas. The company operates through three segments: Wireline, IT Services and Hardware, and Wireless. The Wireline segment offers data services, such as high-speed Internet and DSL Internet access, in addition to data transport for businesses comprising local area network services, dedicated network access, metro-ethernet, and dense wavelength division multiplexing; voice local service, counting digital trunking, switched access, information services, and other value-added services, such as caller identification, voicemail, call waiting, and call return.
At the end of Friday’s trade, c)‘s shares dipped -0.49% to $75.41.
Centene Corp (CNC) shares rose faster than broad market indexes Thursday morning, after the Medicaid coverage provider hiked its full-year earnings forecast range well beyond the average expectation on Wall Street.
The St. Louis company said it now expects 2015 earnings to range between $2.70 and $2.82 per share after previously forecasting $2.60 to $2.72 per share. Analysts expect, on average, earnings of $2.71 per share, according to FactSet.
Centene also nudged up its revenue forecast to $20.8 billion to $21.2 billion, up from an April forecast of $20.5 billion to $21 billion.
Centene Corporation operates as a diversified, multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. It operates in two segments, Managed Care and Specialty Services. The Managed Care segment offers Medicaid and Medicaid-related health plan coverage to individuals through government subsidized programs, counting Medicaid, the State children’s health insurance program, long-term care, foster care, and dual-eligible individuals, in addition to aged, blind, or disabled programs.
T. Rowe Price Group Inc (NASDAQ:TROW), ended its Friday’s trading session with -0.81% loss, and closed at $78.33.
T. Rowe Price Group Inc (TROW) declared that it closed its Health Sciences Fund and similar portfolios for institutional clients at 4 p.m. ET recently. The decision to close the fund was made to maintain the integrity of the fund’s investment strategy and to protect the interests of existing shareholders. While the fund is closed to new investors, it will continue to accept additional investments from existing shareholders and from participants in an employer-sponsored retirement plan for which the fund serves as an investment option. New IRAs may also be opened through a direct rollover from an employer-sponsored retirement plan.
T. Rowe Price Health Sciences Fund, which launched on December 29, 1995, seeks long-term capital appreciation from the stocks of companies involved in health care, medicine, and life sciences. It has been managed since February 15, 2013, by Taymour Tamaddon, who has been an investment professional at T. Rowe Price since 2004. The Health Sciences Fund received an Overall Morningstar RatingTM of five stars as of April 30, 2015.1 Its ticker symbol is PRHSX.
T. Rowe Price Group, Inc. is a publicly owned asset administration holding company. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It invests in the public equity and fixed income markets across the globe. It also invests in alternative markets, counting currency markets.
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.
