On Friday, Susquehanna Bancshares Inc (NASDAQ:SUSQ)’s shares inclined 0.99% to $14.35.
BB&T Corporation (BBT) declared it has received regulatory approval from the Federal Reserve, the FDIC and all required state regulators to acquire Susquehanna Bancshares, Inc. (SUSQ). The transaction closing is predictable to be effective Aug. 1, 2015, and systems conversion is predictable during the fourth quarter 2015.
Headquartered in Lititz, Pa., Susquehanna is a top 50 bank in the U.S. with more than 240 branch offices in Pennsylvania, Maryland, New Jersey, and West Virginia. The merger comprises $18.7 billion in assets and $13.8 billion in deposits based on March 31, 2015, balances. The planned acquisition was originally declared Nov. 12, 2014.
BB&T Corporation formerly declared it will create three new geographic banking regions – Western Maryland and Pennsylvania, Central Pennsylvania and the Greater Delaware Valley regions. In addition, BB&T and Susquehanna Bank will consolidate their existing regions in Maryland to form a new Maryland Region.
Susquehanna Bancshares, Inc. operates as the bank holding company for Susquehanna Bank that provides a range of retail and commercial banking, and financial products and services in the mid-Atlantic region. The company offers retail banking services, counting checking, savings and club accounts, check cards, debit cards, money market accounts, certificates of deposit, individual retirement accounts, home equity lines of credit, residential mortgage loans, home improvement loans, automobile loans, personal loans, and Internet and mobile banking services.
Travelers Companies Inc (NYSE:TRV)’s shares gained 0.90% to $100.97.
Travelers declared that the 2015 Travelers Championship generated more than $1.5 million for charity. The Travelers Championship provides 100 percent of its net proceeds to non-profit organizations throughout New England, counting The Hole in the Wall Gang Camp, a residential summer camp and year-round center that serves children and families coping with cancer and other serious illnesses.
The Travelers Championship comprises a week’s worth of entertainment and world-class golf. It also offers a platform for non-profit organizations to raise funds and awareness for their causes. This year, as part of the tournament’s commitment to charity, four young individuals from Connecticut who have demonstrated outstanding leadership in promoting charitable causes served as Honorary Co-Chairs.
The Travelers Companies, Inc., through its auxiliaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the Unites states and internationally. It operates in three segments: Business and International Insurance; Bond & Specialty Insurance; and Personal Insurance.
At the end of Friday’s trade, Kellogg Company (NYSE:K)‘s shares surged 0.25% to $63.75.
Toasted oats. Quinoa. Berries. In food landscape, people are seeking wholesome foods that are simply prepared. In fact, 51 percent of people look for food with recognizable ingredients[1]. With more than 100 years of experience in preparing wholesome foods, Kellogg Company (K)’s® introduces Kellogg’s Origins™ – a collection of six new items counting flake-based cereals, granolas and mueslis that combines delicious ingredients, like nuts, grains and fruits.
Gathering inspiration from breakfast tables around the world, Kellogg’s Origins blends European traditions, such as hearty muesli, with the textures of seeds and the distinct flavors of apricots and coconuts. A staple in many European countries, muesli mixes raw whole grains, fruits, and nuts. It can be served cold or hot with milk or yogurt, or even soaked overnight for a softer texture.
The new line from Kellogg’s also has cereals and granolas that comprise a unique and colorful blend of traditional and ancient grains with the tart and sweet tastes of cranberries and coconut. Ancient grains, counting quinoa and Kamut® khorasan wheat, have been harvested the same way for thousands of years, although have only recently been adopted in the U.S. for their rich, nutty taste, hearty textures and good source of daily fiber.
Kellogg Company, together with its auxiliaries, manufactures and markets ready-to-eat cereal and convenience foods. The company operates through U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, and Asia Pacific segments. Its principal products comprise ready-to-eat cereals and convenience foods, such as cookies, crackers, savory snacks, frozen foods, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles, and veggie foods, in addition to health and wellness business bars, and beverages.
Qiagen NV (NASDAQ:QGEN), ended its Friday’s trading session with 4.04% gain, and closed at $25.73.
Seegene Inc., declared that it has reached a worldwide partnership agreement with QIAGEN N.V. (QGEN) (Frankfurt Prime Standard: QIA) to develop and supply molecular diagnostic assays.
Under the terms of the agreement, Seegene will develop and manufacture multiplex infectious disease testing panels exclusively designed for QIAGEN’s real-time PCR cycler Rotor-Gene Q, member of QIAGEN’s QIAsymphony family of automated instruments, and QIAGEN will have worldwide commercialization rights to these tests.
Seegene expends tremendous effort to continually develop and commercialize innovative high-multiplex PCR chemistry technologies that enable more accurate and cost-effective molecular diagnostics. MuDT™ technology is the perfection of qPCR technology by simultaneously identifying and quantifying multiple targets in a single fluorescence channel, without melting curve analysis after amplification.
QIAGEN N.V. provides sample to insight solutions that transform biological samples into valuable molecular insights worldwide. It offers sample technologies to isolate, purify, and stabilize nucleic acids and proteins in plasmid deoxyribonucleic acid (DNA) purification, ribonucleic acid purification and stabilization, genomic and viral nucleic acid purification, DNA cleanup after polymerase chain reaction (PCR) and sequencing, and library preparation for sequencing applications; and assay technologies to detect molecular targets.
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