On Wednesday, Shares of Bank of America Corporation (NYSE:BAC), gained 1.62% to $17.59.
Merrill Lynch declared that it has added sustainable impact multi-asset class portfolios to its expanding platform of impact portfolios to serve clients interested in using their investment capital for positive social and environmental purposes. Additionally, the firm will provide its 14,000 financial advisors new resources to assist clients understand the impact of their investments in these portfolios.
“Clients are telling us they want their portfolios to reflect their values and assist improve the world they live in. As their enthusiasm grows, we continue to offer new opportunities to meet this need. We have made impact investing a planned priority and will bring clients innovative solutions that assist them promote positive social change,” said Andy Sieg, head of Global Wealth and Retirement Solutions for Bank of America Merrill Lynch.
The sustainable impact multi-asset class portfolios accessible through Merrill Lynch One© have been constructed by Merrill Lynch’s Investment Administration and Guidance (IMG) team under the leadership of Chief Investment Officer Ashvin Chhabra. The portfolios will seek to deliver a competitive risk-adjusted return in addition to a positive environmental, social, governance (ESG) profile relative to a traditional, non-ESG focused, benchmark. The portfolios will comprise mutual funds in addition to exchange traded funds. Clients can work with their financial advisors to identify the portfolio that best fits their personal financial aims and asset allocation needs.
Bank of America Corporation, through its auxiliaries, provides banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, large corporations, and governments worldwide.
Shares of Delta Air Lines, Inc. (NYSE:DAL), inclined 0.83% to $41.06, during its last trading session.
Delta Air Lines, will enter into an aircraft acquisition deal with The Boeing Co. for 20 Embraer E190 aircraft and 40 additional new 737-900ERs upon ratification of a tentative agreement covering more than 12,000 Delta pilots. The tentative agreement was approved for membership ratification recently by the Delta Master Executive Council (MEC) of the Air Line Pilots Association (ALPA).
The tentative agreement provides enhancements to overall pilot compensation—counting base pay enhances—together with a revision of the airline’s profit sharing formula startning in 2016. Additionally, this accord would secure additional career advancement opportunities for Delta pilots while providing the airline with productivity enhancements and further fleet flexibility across the airline’s U.S. domestic system.
Delta Air Lines, Inc. provides planned air transportation for passengers and cargo worldwide. The company operates in two segments, Airline and Refinery. Its route network comprises various gateway airports in Amsterdam, Detroit, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita.
Finally, Range Resources Corporation (NYSE:RRC), ended its last trade with -2.65% loss, and closed at $52.93.
Range Resources Corporation, declared that its Board of Directors declared a quarterly cash dividend on its common stock for the second quarter. A dividend of $0.04 per common share is payable on June 30, 2015 to stockholders of record at the close of business on June 16, 2015.
Range Resources Corporation, an independent natural gas, natural gas liquids (NGLs), and oil company, engages in the acquisition, exploration, and development of natural gas and oil properties in the United States.
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.
