On Thursday, XL Group plc (NYSE:XL)’s shares declined -0.58% to $37.75.
XL Group plc (XL) Catlin’s Cyber & Technology insurance business in North America is adding additional computer forensic and legal resources to its network of prequalified breach response specialists to assist clients respond quickly and cost effectively to breach incidents. XL Catlin’s newest breach response partners comprise Mandiant, a FireEye company to provide computer forensics services and Hunton & Williams LLP, Venable LLP, Troutman Sanders LLP, Alston & Bird, and Davis Wright Tremaine LLP to provide additional legal counsel resources.
According to the 2015 10th Annual Cost of a Data Breach study, conducted by the Ponemon Institute and sponsored by IBM, the average merged total cost of a single data breach is $3.8 million, indicating a 23% enhance since 2013. The study also reports that the cost incurred for each lost or stolen record containing sensitive and confidential information raised six percent from a merged average of $145 to $154.
XL GROUP Public Limited Company, an insurance and reinsurance company, provides property, casualty, and specialty products to industrial, commercial, and professional firms; and insurance companies and other enterprises worldwide. The company operates in two segments: Insurance and Reinsurance. The Insurance segment offers property, primary and excess casualty, environmental liability, excess and surplus lines, construction, and surety insurance products, in addition to property and casualty programs.
Mattel, Inc. (NASDAQ:MAT)’s shares dropped -1.03% to $26.07.
Mattel, Inc. (MAT) declared that it plans to release its second quarter 2015 financial results on Thursday, July 16, 2015 at about 4:05 p.m. Eastern time. Following this, the company will host a conference call and webcast at 5:00 p.m. Eastern time.
Mattel, Inc. designs, manufactures, and markets a range of toy products worldwide. The company operates in three segments: North America, International, and American Girl. It offers dolls and accessories, vehicles and play sets, and games and puzzles under the Mattel Girls & Boys brands, counting Barbie, Monster High, Disney Classics, Ever After High, Little Mommy, Polly Pocket, Hot Wheels, Matchbox, CARS, Disney Planes, BOOMco, Radica, Toy Story, Max Steel, WWE Wrestling, and Batman.
At the end of Thursday’s trade, Prologis Inc (NYSE:PLD)‘s shares surged 0.34% to $37.93.
Prologis, Inc. (PLD), has finally accomplished the acquisition of KTR Capital Partners’ (KTR) real estate assets and operating platform in addition to its associates for $5.9 billion. The buyout is predictable to provide a strong boost to the company’s position in the U.S. target markets. Following the acquisition, the company has also raised its core funds from operations (“FFO”) outlook for 2015.
Prologis’ share of the accomplished purchase was valued at around $3.2 billion. That comprised of $2.6 billion in cash, $400 million in secured mortgage debt assumption and issuance of $202 million in common limited partnership units in Prologis, L.P.
The acquisition took place through Prologis U.S. Logistics Venture (“USLV”) in a 55–45 merged joint venture with Norges Bank Investment Administration (NBIM), which is the manager of the Norwegian Government Pension Fund Global. The deal brought around 60 million square feet of operating portfolio to Prologis. It also comprised of 3.6 million square feet of development-in-progress space in addition to a well-located land bank that offers a build-out potential of 6.7 million square feet.
Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, administration, and leasing of industrial distribution and retail properties. It was formerly known as Security Capital Investment Trust. Prologis Inc. was formed in 1991 and is based in San Francisco, California with an additional office in Denver, Colorado.
CVS Health Corp (NYSE:CVS), ended its Thursday’s trading session with -0.14% loss, and closed at $105.56.
CVS Health Corp (CVS) declared it has reached new clinical affiliations with Sutter Health in California, Millennium Physician Group in Florida, Bryan Health Connect in Nebraska and Mount Kisco Medical Group, PC in New York. These affiliations will assist enhance access to high-quality, affordable health care services for patients. Through these clinical affiliations, CVS Health will provide prescription and visit information to the participating health care organizations by enabling communication between our secured electronic health record (EHR) systems, which will assist enhance clinical care for patients served by the partnering organizations. In addition, patients will continue to have access to clinical support, medication counseling, chronic disease monitoring and wellness programs at CVS/pharmacy stores and MinuteClinic, the retail medical clinic of CVS Health.
CVS Health was among 64 U.S. employers that received the 2015 Best Employers for Healthy Lifestyles® award at the Leadership Summit sponsored by the National Business Group on Health’s Institute on Innovation in Workforce Well-being. CVS Health received a Gold Award for its WellRewards program, the company’s colleague health and wellness program. This marks the seventh year CVS Health has received an award for its colleague-focused health and wellness initiatives.
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