On Friday, Marsh & McLennan Companies, Inc. (NYSE:MMC)’s shares declined -2.11% to $53.10.
Marsh & McLennan Companies, Inc. (MMC), a global professional services firm offering clients advice and solutions in risk, strategy and people, declared the appointment of Mark McGivney as Chief Financial Officer, effective January 1, 2016. Mr. McGivney will report to Marsh & McLennan Companies’ President & CEO Dan Glaser and join the Company’s Executive Committee.
Marsh & McLennan Companies, Inc., a professional services firm, provides advice and solutions primarily in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services; and Consulting.
Biogen Inc (NASDAQ:BIIB)’s shares dropped -3.27% to $314.67.
PureTech Health plc, a science-driven healthcare company seeking to develop disruptive solutions to address unmet medical needs and improve the lives of patients, recently declared that Michael MacLean has been designated to PureTech’s administration team as Chief Financial Officer and Executive Vice President.
Michael MacLean joins PureTech from Iron Mountain Inc. (IRM), the FORTUNE 1000 global storage and information Administration Company, where he was Chief Financial Officer of its North American business overseeing $2.2bn of annual revenue and about $1bn of EBITDA. Formerly, Mr. MacLean was Senior Vice President, Finance and Chief Accounting Officer at Biogen (BIIB), a global biopharmaceutical company with annual revenues of more than $9bn, during which time he managed many of the finance and accounting functions and was responsible for structuring and managing collaborations and planned acquisitions. He also was an audit partner at global public accounting firms counting KPMG, one of the largest professional services companies in the world where he supported global clients in industries counting pharmaceuticals, medical devices and diagnostics.
Biogen Inc. discovers, develops, manufactures, and markets therapies for the treatment of neurological, autoimmune, and hematologic disorders in the United States and internationally.
At the end of Friday’s trade, Anheuser Busch Inbev SA (ADR) (NYSE:BUD)‘s shares dipped -0.40% to $114.35.
Anheuser-Busch InBev (BUD) notes the declaration made by SABMiller plc. AB InBev confirms that it has made an approach to SABMiller’s Board of Directors regarding a combination of the two companies. AB InBev’s intention is to work with SABMiller’s Board toward a recommended transaction.
There can be no certainty that this approach will result in an offer or agreement, or as to the terms of any such agreement.
A further statement will be made as appropriate.
In accordance with Rule 2.6(a) of the City Code on Takeovers and Mergers (the “Code”), AB InBev must, by not later than 5.00 p.m. on Wednesday 14 October, 2015, either declare a firm intention to make an offer for SABMiller in accordance with Rule 2.7 of the Code or declare that it does not intend to make an offer for SABMiller, in which case the declaration will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of SABMiller and the Takeover Panel in accordance with Rule 2.6(c) of the Code.
Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide.
Pitney Bowes Inc. (NYSE:PBI), ended its Friday’s trading session with -2.05% loss, and closed at $20.58.
Pitney Bowes (PBI), declared the results of the 2015 Holiday Shipping Survey. According to survey participants, most Americans plan to shop both in-stores (94 percent) and online (92 percent) this holiday season, with 94 percent of consumers planning to shop from a computer and 49 percent making purchases from a mobile device. Survey results show consumers want options (an array of choices and alternatives consumers may select to address shopping, shipping and returns preferences).
In fact, 93 percent of consumers find shipping options to be an important factor in their overall shopping experience (a 23 percent enhance from 2014). Overwhelmingly, 88 percent of those surveyed find free shipping with a 5-7 day delivery to be more attractive than paying a fee for a 1-2 day delivery.
Consumers are willing to do what it takes to meet the free shipping threshold, with three in five respondents stating they have raised their online spending in the past to qualify for free shipping. Alternatively, 68 percent of online shoppers have formerly used a promotional code or coupon to receive a shipping discount. Eighty percent say they’d also be more willing to purchase online if they had a promotional code or coupon. Additionally, 60 percent say they have raised their online spending in the past to qualify for free shipping.
Pitney Bowes Inc. provides technology products and solutions in the United States and internationally. The company operates through Small and Medium Business Solutions, Enterprise Business Solutions, and Digital Commerce Solutions segments. The Small and Medium Business Solutions segment is involved in the sale, rental, financing, and servicing of mailing equipment and supplies, software, and postage meters; and provides revolving credit and deposit solutions, and 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.
