On Friday, Shares of Pfizer Inc. (NYSE:PFE), lost -2.46% to $31.90.
The board of directors of Pfizer declared a 28-cent fourth-quarter 2015 dividend on the company’s common stock, payable December 1, 2015, to shareholders of record at the close of business on November 6, 2015. The fourth-quarter 2015 cash dividend will be the 308th successive quarterly dividend paid by Pfizer.
Pfizer Inc. is a global biopharmaceutical company. The Company is engaged in discovering, developing and manufacturing of healthcare products. Its products comprise Lyrica, the Prevnar family of products, Enbrel, Celebrex, Lipitor, Viagra, Zyvox, Sutent, EpiPen, Toviaz, Tygacil, Rapamune, Xalkori, Inlyta, Norvasc, BeneFIX, Genotropin and Enbrel, among others.
Shares of KeyCorp (NYSE:KEY), inclined 3.21% to $13.20, during its last trading session.
KeyBank (KEY) declared a planned partnership and minority investment in AvidXchange, a world class leader in accounts payable automation solutions. This partnership marks the most recent in a series of partnerships with emerging FinTech providers, solidifying Key’s commitment to deliver innovative products and services to market.
The AvidXchange platform will allow Key’s clients to transform the invoicing to payment process by replacing a traditionally paper-based process with end-to-end digital capabilities. The SaaS based nature of the platform, coupled with integrations into more than 100 of the most commonly used accounting systems, means companies are able to get up and running right away, with little need for heavy IT resources. Combining this innovation with Key’s broad range of payment capabilities has created one of the most dynamic solutions in the market recently.
AvidXchange, recently accomplished a $225 million minority growth financing led by Bain Capital Ventures, with contributions from Foundry Group, NYCA Partners, KeyBank, Square 1 Bank, and TPG Special Situations Partners.
KeyCorp is a bank holding company. The Bank operates through its partner, KeyBank National Association, which is engaged in providing banking services. Through KeyBank and other auxiliaries, the Bank provides a range of retail and commercial banking, commercial leasing, investment administration, consumer finance, commercial mortgage servicing and special servicing, and investment banking products and services.
Shares of U.S. Bancorp (NYSE:USB), inclined 2.26% to $41.68, during its last trading session.
U.S. Bancorp has named Rich Erario head of it global treasury administration division. Erario succeeds Jeffrey Jones, who was recently promoted to president of the bank’s corporate payment systems division.
Based in New York City, Erario joined U.S. Bank five years ago as a senior vice president in the division. During that time he’s been a leader in developing and implementing its “Working Capital DNA” engagement program, a consultative, client-focused approach that was named best in the industry this year by Global Finance.
Aimed to assist clients optimize their working capital, the Working Capital DNA Engagement process provides a complete and thorough working capital analysis through two one-hour sessions of client-required commitment. Over the last three years, the bank has conducted more than 3,000 sessions.
U.S. Bancorp is a multi-state financial services holding company. The Company operates through its banking partner, U.S. Bank National Association, is engaged in the general banking business in domestic markets. The Company provides a range of financial services, counting lending and depository services, cash administration, capital markets, and trust and investment administration services. It also engages in credit card services, merchant and automated teller machines (ATM) processing, mortgage banking, insurance, brokerage and leasing. U.S. Bank National Association provides a range of products and services to individuals, businesses, institutional organizations, governmental entities and other financial institutions.
Finally, CBS Corporation (NYSE:CBS), ended its last trade with -0.32% loss, and closed at $40.76.
CBS Corporation declared that it will report results for the third quarter of 2015 after the market closes on Tuesday, November 3, 2015.
The Company will then conduct a teleconference call at 4:30 PM, ET. The call is open to the general public. The domestic conference call number is (888) 710-4022. Please call at least five minutes in advance to ensure that you are connected before the presentation. The international dial-in number is (913) 312-0401.
CBS Corporation is a mass media company. The Company operates through segments, counting Entertainment, Cable Netoperates, Publishing and Local Broadcasting. The Entertainment segment is composed of the CBS Television Network, CBS Television Studios, CBS Global Distribution Group, CBS Interactive and CBS Films.
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