On Friday, AEGON N.V. (ADR) (NYSE:AEG)’s shares inclined 4.21% to $7.55.
AEGON N.V. (ADR) (AEG) has accomplished a planned asset administration partnership with La Banque Postale. Under the terms of the agreement, Aegon has attained a 25% stake in La Banque Postale Asset Administration (LBPAM) for a consideration of EUR 112.5 million. LBPAM is the fifth largest asset manager in France, with about EUR 150 billion assets under administration.
The opportunity to create a planned partnership with La Banque Postale supports Aegon’s ambition to grow and diversify its customer base and to provide fee-based, capital-light products. It also represents a noteworthystep in implementing Aegon Asset Administration’s strategy to expand its services and solutions for third-party customers internationally.
The two companies will work together to further strengthen the development of LBPAM, which will offer a comprehensive range of products - counting international equity and multi-asset investment products. These will be distributed through La Banque Postale’s network of about 17,000 points of sale, online and by its institutional sales team.
Aegon N.V. provides life insurance, pensions, and asset administration services. The company operates through the Americas, the Netherlands, the United Kingdom, and New Markets. The company offers life and protection products, such as traditional and universal life, endowment, term, and whole life insurance products; and supplemental health, accidental death and dismemberment insurance, critical illness, cancer treatment, credit/disability, income protection, travel, and long-term care insurance.
JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO)’s shares gained 1.90% to $7.50.
JA Solar Holdings Co., Ltd. (ADR) (JASO) declared its standard modules successfully passed the Class A fire test in accordance with UL1703 standard for Type 1 modules. During the test, all six sets of BOM used for JA Solar’s type-1 modules passed the UL Class A fire test conducted by Intertek, making JA Solar the first company mass producing PV modules in China to pass the test.
In recent years, as the installation of solar electricity generation has been rapidly grown worldwide at a unprecedented pace, the standard and criteria for the reliability certification of PV module s have been constantly updated and expande d i n order to meet the increasing demand for PV products with better quality and higher reliability from the end user of solar electricity, in addition to the more stringent s afety, environment, and hazard regulations for PV installation s b y l egislatures and governments at various levels.
JA Solar Holdings Co., Ltd., together with its auxiliaries, designs, develops, manufactures, and sells photovoltaic solar cells and solar power products based on crystalline silicon technologies. The company’s principal products comprise monocrystalline and multicrystalline solar cells and modules. It also provides monocrystalline and multicrystalline silicon wafers; solar product processing services; and engineering, procurement, and construction services to independent power project developers and public utility companies.
At the end of Friday’s trade, Fluor Corporation (NEW) (NYSE:FLR)‘s shares surged 0.40% to $50.74.
Fluor Corporation (NEW) (FLR) declared that the U.S.-China Business Council (USCBC) has elected Fluor’s Chief Operating Officer, Peter Oosterveer, to its board. As a USCBC board member, Oosterveer will work to advance the commercial relationship between the two countries to support trade and investment opportunities.
Fluor Corporation, through its auxiliaries, provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, and project administration services worldwide. The company operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services, and Power. The Oil & Gas segment offers a range of design, engineering, procurement, construction, and project administration services to upstream oil and gas production, liquefied natural gas, downstream refining, offshore production, pipeline, chemicals, and petrochemicals industries. It also provides consulting services comprising feasibility studies, process assessment, and project finance structuring and studies.
News Corp (NASDAQ:NWSA), ended its Friday’s trading session with 0.49% gain, and closed at $14.25.
Realtor.com®, a leading provider of online real estate services operated by News Corp [NWSA] partner Move, Inc., declared the launch of a five-episode digital video series created to provide first-time home buyers with practical and entertainingly delivered advice on the start-to-finish stages of the purchase cycle. The original series is part of a broad marketing campaign realtor.com® launched in May and comes at a time when millennial sentiment about buying a home has seen a noteworthy enhance.
The webisodes, which feature Emmy-nominated actress, producer and director Elizabeth Banks, and are directed by Emmy and Golden Globe-nominated actor, producer and director Fred Savage, will be promoted across a range of digital platforms and publishers counting AOL, Curbed, Facebook, Google, HGTV, Hulu, Reddit and Yahoo, among others. All of the media will drive consumers back to realtor.com® to consume the entire series.
News Corporation, a media and information services company, focuses on creating and distributing authoritative and engaging content to consumers and businesses worldwide. The company operates through News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Digital Education segments. The News and Information Services segment offers print and digital products, counting The Wall Street Journal, Barron’s, and other publications; and Marketwatch.com, in addition to a suite of professional information products, counting Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Dow Jones Private Markets, and DJX. This segment also provides free-standing inserts, in-store marketing products and services, and digital marketing solutions to consumer packaged goods advertisers in the United States and Canada.
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