On Thursday, Oracle Corporation (NYSE:ORCL)’s shares declined -0.40%, and closed at $42.62, as to promote best practices and celebrate the accomplishments of modern marketers around the world, declared the winners of the 2015 Markie Awards.
Now in its ninth year, the annual Markie Awards recognize top companies and leaders for creative, innovative, and effective modern marketing campaigns that delivered raised engagement, conversation and ROI.
The 2015 Markie Awards featured 20 categories that reflect the evolving marketing landscape, counting: Brand Experience of the Year, Customer Centricity, CMO’s Marketing Team of the Year, Best Audience Creation, Best Integrated Ad Campaign, and Going Mobile.
Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide. It provides software and hardware systems, and related services to manage their cloud-based or on-premise IT environments, in addition to to deploy cloud software-as-a-service, platform-as-a-service, and infrastructure-as-a-service.
LyondellBasell Industries N.V. (NYSE:LYB)’s shares dropped -0.73%, and settled at $87.98, during the last trading session on Thursday.
LyondellBasell Industries, planned to expand Tri-ethylene Glycol (TEG) production capacity at the corporation’s existing ethylene oxide and ethylene glycol plant in Pasadena, Texas.
The additional capacity of 50 million pounds per year would more than double the corporation’s current production capacity. Engineering is already underway on the new unit, which is anticipated to be operational in late 2016. It is predictable to be one of the world’s largest on-purpose TEG production units, meaning the TEG is produced by design and not as a by-product of another manufacturing process.
TEG is a colorless, odorless glycol that is used to dehydrate natural gas and as an additive in hydraulic and brake fluids, among other uses. The corporation’s Bayport Underwood plant in Pasadena produces ethylene oxide, ethylene glycol, glycol ethers and other products. Glycol ethers are used to manufacture brake fluid, dyes, paint, solvents, commercial cleaners and waxes, detergents and cosmetic bases. Ethylene glycols are used as intermediate chemicals to produce polyester (PET) fibers, films and bottles.
LyondellBasell Industries N.V. operates as a manufacturer of chemicals and polymers, refiner of crude oil, producer of gasoline blending components, and developer and licensor of technologies for production of polymers.
At the end of Thursday’s trade, The Blackstone Group L.P. (NYSE:BX)’s shares dipped -0.69%, and closed at $38.77, as GridLiance GP, LLC, and Blackstone Energy Partners, an associate of The Blackstone Group L.P. (BX), declared the formation of GridLiance, the nation’s first competitive transmission corporation focused on collaborating with under-served U.S. municipal, cooperative and joint action agency utilities to jointly plan, develop, own and operate transmission infrastructure. These new projects will deliver important customer benefits, counting lower delivered energy costs and more reliable transmission service.
Founded by industry veteran Edward Rahill, GridLiance will enable its current and future Public Power partners to take part in the development of new transmission projects that earn a regulated return from the Federal Energy Regulatory Commission (“FERC”) or other regulatory bodies. Historically, transmission-dependent Public Power utilities have been unable to invest in – and financially benefit from – transmission projects because they lack the scale, planning infrastructure, regulatory influence and the engagement necessary to effectively take part in the Regional Transmission Organization (“RTO”) planning process.
Public Power’s inability to take part equally with incumbent investor-owned utilities (“IOUs”) in the award of new transmission construction projects has left them without the ability to earn margins from regionally-funded projects that would offset rising transmission rates. At the same time, Public Power utilities lack, in many cases, the interconnected transmission networks enjoyed by other incumbents because the regional transmission planning process does not always reflect Public Power’s needs. Current and future GridLiance partners will be better positioned to influence planning studies and reverse this trend by leveraging GridLiance’s experience and planning efforts. As future projects reflect Public Power’s transmission needs, the grid will better serve the entire region and create lasting benefits for Public Power and their customers.
The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations. The firm manages separate client focused portfolios.
Vipshop Holdings Limited (NYSE:VIPS), ended its Thursday’s trading session with -0.68% loss, and closed at $29.11, as China’s leading online discount retailer for brands, declared that Mr. Alex Jing Jiang has tendered his resignation as senior vice president of business intelligence and customer relationship administration of the Corporation, effective March 31, 2015, due to his desire to pursue his personal interests and further education. Mr. Jiang will continue to serve the Corporation as a senior corporate advisor.
Mr. Eric Ya Shen, chairman and chief executive officer of Vipshop, stated, “On behalf of the Corporation, we would like to thank Alex for his noteworthy contribution to the Corporation’s growth and development since he joined us in February 2011, which further improved our customer retention and new customer attainment strategies. We wish him the utmost success in his future endeavors, and look forward to his ongoing contribution as a senior corporate advisor.”
Vipshop Holdings Limited, through its auxiliaries, operates as an online discount retailer for various brands in the People’s Republic of China. It offers a range of branded products, counting apparel for women, men, and children; fashion goods; cosmetics; home goods and other lifestyle products; footwear; sportswear and sporting goods; luxury goods; and gifts and miscellaneous products.
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