On Monday, MDC Partners Inc (NASDAQ:MDCA)’s shares declined -6.79% to $16.74.
MDC Partners Inc. (MDCA) uncovered that Miles S. Nadal has retired as the Company’s Chief Executive Officer. Mr. Nadal is also stepping down from his position on the Board of Directors as Chairman. Scott L. Kauffman, who has served as Presiding Director on the Company’s Board of Directors, has been named the Company’s new Chairman and Chief Executive Officer. Irwin Simon, a current member of the Board, has been appointed as MDC’s Presiding Director.
The Board believes that its selection of Mr. Kauffman, working together with the Company’s existing administration team, will ensure a seamless transition as the Company successfully moves forward with its growth strategy. Mr. Kauffman has been a Board member of MDC Partners for nine years and has served as Presiding Director since March 2012. Mr. Kauffman has a long history of operating at the intersection of media and technology. He started his career in advertising as a media planner for Benton & Bowles. Later in his career, he migrated to Silicon Valley and has served in leadership roles at a number of emerging technology companies – in many cases recruited by the board to replace the founding CEO. Active in advertising technology since its inception, Mr. Kauffman has served as Chairman or CEO of AdKnowledge, Coremetrics and Lotame. He was also the COO of Blue Lithium at the time of its sale to Yahoo!
MDC Partners Inc. provides marketing, activation and communications, and consulting solutions and services worldwide. It operates through two segments, Planned Marketing Services and Performance Marketing Services. The Planned Marketing Services segment offers marketing, activation, and consulting services, such as advertising and media; and marketing communications services, counting direct marketing, public relations, corporate communications, market research, corporate identity and branding, interactive marketing, and sales promotion services.
United Microelectronics Corp (ADR) (NYSE:UMC)’s shares dropped -0.57% to $1.75.
United Microelectronics Corporation (UMC) , a leading independent semiconductor foundry, will hold its quarterly conference call to talk about second quarter 2015 results on Wednesday, July 29, 2015, at 5:00 a.m. US Eastern Time.
United Microelectronics Corporation provides semiconductor wafer foundry solutions. Its foundry solutions comprise silicon verification, libraries and IP, design verification, design for manufacturing, MM/RF foundry design kit and design support manual, and design flow reference, in addition to mask services, such as mask inspection, IP protection and data preparation, and tape-out status tracking.
At the end of Monday’s trade, Box Inc (NYSE:BOX)‘s shares surged 2.27% to $16.66.
IBM (IBM) and Box (BOX) declared a global partnership that will combine the best-in-class technologies and resources of both companies to transform work in the cloud. Together, the companies plan to integrate their existing products and services and develop new, innovative solutions targeted across industries and professions ranging from medical teams working on complex cases to individuals negotiating consumer loans by mobile phone to engineers and researchers identifying patterns in patents, reports and academic journals.
As companies increasingly seek simple, secure partnership solutions that tap into local data and have global reach, this planned alliance brings together Box’s industry-leading cloud content partnership platform with IBM Analytics and Social solutions, IBM Security technologies and the global footprint of the IBM Cloud. The two companies will jointly deliver these solutions to market internationally, and IBM will also enable builders and developers to integrate Box APIs into enterprise apps and web services.
Box, Inc. provides a cloud-based enterprise content partnership platform that enables organizations of various sizes to access, store, share, and manage their content/information. Its solutions comprise FTP alternative to keep content organized, share files, and manage content access; document administration; an executive boardroom for simplified meeting administration, security and control, and secure mobile access; project administration; a virtual data room; marketing asset administration; a sales portal; secure enterprise mobility; and business applications for enterprise-readiness. It serves advertising, construction, consumer packaged goods, education, energy, financial services and insurance, government, healthcare and life sciences, high tech, legal, manufacturing, media and entertainment, nonprofits, and retail industries. Box, Inc. was formerly known as Box.net, Inc. and changed its name to Box, Inc. in November 2011.
AGCO Corporation (NYSE:AGCO), ended its Monday’s trading session with -1.03% loss, and closed at $51.76.
AGCO, Your Agriculture Company, (AGCO), a worldwide manufacturer and distributor of agricultural equipment, declared that its Board of Directors declared a regular quarterly dividend of $0.12 per common share to be paid on September 15, 2015 to all stockholders of record as of the close of business on August 14, 2015.
AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. The company offers tractors, counting high horsepower tractors that are used on larger farms primarily for row crop production; utility tractors for small- and medium-sized farms, in addition to for specialty agricultural industries comprising dairy, livestock, orchards, and vineyards; compact tractors for small farms, specialty agricultural industries, landscaping, and residential uses; and combines used in harvesting grain crops, such as corn, wheat, soybean, and rice products.
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