On Friday, Progressive Corp(NYSE:PGR)’s shares declined -2.95% to $29.96.
Despite rising salaries and the dearth of tech talent, millennials in the IT and tech industries are not just in it for the money. According to a recent survey from Progressive® Insurance, 81 percent of millennials interested in a new job in IT would accept a less attractive compensation package to do work they were more passionate about.
The survey also revealed that 82 percent of millennials interested in IT are willing to relocate for a job they’re interested in, and on average, they would be willing to move more than 600 miles.
In fact, nearly 1 in 5 would consider applying for a different job a month or less after starting a new job, with a total of 59 percent considering applying elsewhere within six months. On average, respondents said they visit online job boards or company career pages six times per week and receive an average of six messages from recruiters.
The Progressive Corporation, an insurance holding company, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. The company’s property-casualty insurance products protect its customers against losses due to collision and physical damage to their motor vehicles, uninsured and underinsured bodily injury, and liability to others for personal injury or property damage arising out of the use of those vehicles. Its Personal Lines segment writes insurance for personal autos and recreational and other vehicles.
Baker Hughes Incorporated(NYSE:BHI)’s shares dropped -3.39% to $49.63.
Baker Hughes Incorporated (BHI) Chairman and Chief Executive Officer Martin S. Craighead declared that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable September 23, 2015 to holders of record on September 2, 2015.
Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company’s 49,000 employees recently work in more than 80 countries assisting customers find, evaluate, drill, produce, transport and process hydrocarbon resources. For more information about Baker Hughes, visit: www.bakerhughes.com.
Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. The company offers drilling and evaluation products and services, which comprise drill bits for performance drilling, hole enlargement, and coring; conventional and rotary steerable systems used to drill wells; measurement-while-drilling and logging-while-drilling systems to perform reservoir navigation services; drilling optimization services; tools for coil tubing drilling and wellbore re-entry systems; coring drilling systems; surface logging; emulsion and water-based drilling fluids systems; reservoir drill-in fluids; and fluids environmental services.
At the end of Friday’s trade, Citizens Financial Group Inc (NYSE:CFG)‘s shares dipped -3.08% to $24.57.
Citizens Bank declared that Simon Griffiths has been named Executive Vice President and Head of Retail Distribution. Griffiths, a financial services veteran with nearly 20 years of leadership experience, joins Citizens from Santander and formerly worked in senior leadership roles at JPMorgan Chase and Washington Mutual.
Griffiths will be responsible for managing Citizens’ network of branches and ATMs, online and mobile banking, digital sales and marketing and related Consumer Banking operations effective Oct. 13, 2015. He will report to Brad Conner, Vice Chairman and Head of Consumer Banking.
Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania that provide retail and commercial banking products and services in the United States. It operates through two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment focuses on retail customers and small businesses with traditional banking products and services, counting checking, savings, home loans, student loans, credit cards, business loans, and financial administration services.
Rackspace Hosting, Inc. (NYSE:RAX), ended its Friday’s trading session with -4.73% loss, and closed at $29.83.
Rackspace® (RAX), the #1 managed cloud company, recently declared it has expanded its digital support offerings with the early access declarement of Managed Cloud for Adobe Experience Manager (AEM). As a leading, comprehensive content administration solution for building websites, mobile apps and forms, AEM makes it easier to manage marketing content and assets. With Managed Cloud for AEM, marketing leaders and the technology teams who support them can assist reduce time for each new deployment, version upgrade, or major campaign launch in AEM - while also gaining access to specialized 24×7 support, maintenance, and monitoring of AEM environments.
The Managed Cloud for AEM offering comprises:
- AEM Specialized Managed Support:Provides Fanatical Support and guidance on best practices 24x7x365 from AEM specialists at Rackspace, which allows customers to offload administration of the AEM environment and focus more on their core business.
- Turnkey Deployment:Enables significantly faster implementation for new deployments or version upgrades. The offering can reduce the time needed to deploy a new AEM environment by cloning an existing environment or creating a new one from a set of AEM optimized, pre-defined and tested cloud architectures.
- Monitoring:Monitors the health of the environment and offers maintenance, patching and updating to assist minimize downtime and delays.
Rackspace Hosting, Inc., through its auxiliaries, provides cloud computing services and managing Web-based IT systems for small and medium-sized businesses and large enterprises worldwide. The company’s service offering combines hosting on dedicated hardware and on multi-tenant pools of virtualized hardware in a way that suits each customer’s requirements. Its public cloud services refer to pooled computing resources delivered on-demand over the Internet.
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