On Friday, Shares of SLM Corp (NASDAQ:SLM), lost -0.52% to $7.69.
Temeka Easter, director of social media at Sallie Mae – the nation’s saving, planning, and paying for college company – has been selected by the Delaware Business Times (DBT) for its DBT 40 Class of 2015, an annual honor that recognizes 40 individuals under the age of 40 as influential young achievers and innovators. The 2015 class will be honored at a reception on Sept. 30 at the Delaware Art Museum.
Easter has devoted her career to assisting individuals and families plan for and manage their financial futures. She has initiated saving-for-college initiatives, devised plans that encourage employers to promote college savings, and transformed Sallie Mae’s social media presence into a forum for conversations about financial literacy, responsible borrowing, and the importance of higher education. Easter is a sought-after authority on planning for college and social media, speaking at regional and national industry events, most recently at the national conference of the National Association of Student Financial Aid Administrators.
“Temeka lives the mission of Sallie Mae every day, promoting the value of education and assisting families who aspire to a better future save, plan, and responsibly pay for college,” said Martha Holler, senior vice president, Sallie Mae, who nominated Easter. “She brings passion and enthusiasm to her job that are infectious and inspiring.”
SLM Corporation, together with its auxiliaries, operates as a saving, planning, and paying for education company in the United States. The company offers private education loans to students and their families.
Shares of Dana Holding Corporation (NYSE:DAN), declined -1.25% to $15.79, during its last trading session.
Dana Holding Corporation, declared that it has earned a Masters of Quality Award from Daimler Trucks North America (DTNA), the highest honor for suppliers to the commercial-vehicle manufacturer.
Dana’s manufacturing facility in Lima, Ohio, was recognized for its commitment to quality, delivery, technology, and cost performance. The largest heavy-duty truck manufacturer in North America, DTNA manufactures, sells, and services several renowned commercial-vehicle brands, counting Freightliner and Western Star, in addition to Thomas Built Buses. It is also the leading producer of medium-duty trucks and specialized commercial vehicles across the continent.
Dana Holding Corporation manufactures and sells driveline, sealing, and thermal-administration products for vehicle manufacturers in North America, Europe, South America, and the Asia Pacific. The company operates in four segments: Light Vehicle Driveline Technologies, Commercial Vehicle Driveline Technologies, Off-Highway Driveline Technologies, and Power Technologies.
At the end of Friday’s trade, Shares of Yingli Green Energy Holding Co Ltd (ADR) (NYSE:YGE), lost -0.63% to $0.407.
Yingli Green Energy Holding Company Limited, declared that it recently signed several agreements with Qingdao New Energy Solutions Inc. (NESI), a leading provider of agricultural and industrial building-integrated photovoltaic (BIPV) and utility-scale solar solutions, for the supply of 130 megawatts (MW) of high quality solar panels. Yingli has begun to deliver the first 30 MW and anticipates to complete the delivery by the end of September 2015.
According to the terms of the companies’ supply agreements, Yingli will supply the remaining 100 MW of solar panels by the end of the second quarter of 2016. These panels will be used in utility-scale projects, industrial rooftop systems in addition to BIPV agricultural solutions, in Zhejiang, Inner Mongolia, Shandong and other provinces in China.
In total, Yingli will provide NESI with more than 500,000 multicrystalline YGE 60 Cell Series solar panels that are predictable to generate about 150,000 megawatt-hours (MWh) of clean energy per year once operational. The clean energy they produce will offset about 120,000 tons of carbon emissions annually.
Yingli Green Energy Holding Company Limited, together with its auxiliaries, designs, develops, markets, manufactures, sells, and installs photovoltaic (PV) products in the People’s Republic of China and internationally.
Finally, ACE Limited (NYSE:ACE), ended its last trade with 1.86% gain, and closed at $103.44.
ACE Limited, declared that it intends to appoint Juan C. Andrade Executive Vice President of the new Chubb Group and President of the International Non-life Insurance division, which encompasses operations with both retail broker and wholesale market distribution. The appointment will take effect upon completion of the acquisition of Chubb, which is predictable in the first quarter of next year. Mr. Andrade is presently Executive Vice President, ACE Group, Personal Lines and Chief Operating Officer of ACE Overseas General, the company’s international non-life insurance division in more than 50 countries and territories outside North America.
In his future role, Mr. Andrade will have executive operating responsibility for the company’s non-life insurance operations outside of the U.S., Bermuda and Canada, counting commercial P&C, traditional and specialty personal lines, and accident and health insurance. The International Non-Life Insurance division is comprised of two major businesses: one with distribution through retail brokers in six regions of the world – Europe, Asia Pacific, China, Japan, Latin America and Eurasia & Africa – and the other an excess and surplus lines company with distribution through brokers in the London wholesale market and Lloyd’s. Mr. Andrade’s scope of responsibility will comprise all products, underwriting, claims, actuarial and support functions related to these businesses. Mr. Andrade will continue with his current responsibilities, counting leading ACE’s global personal lines and small commercial insurance business, through the close of the transaction to ensure a smooth leadership transition and integration for those businesses. Mr. Andrade will report to John Keogh, who is presently Vice Chairman and Chief Operating Officer of ACE Group and who will continue to serve in that role for the parent company.
ACE Limited, through its auxiliaries, provides a range of property and casualty insurance and reinsurance products worldwide. The company’s Insurance North American P&C segment offers casualty insurance, environmental, inland marine, professional risk, disaster protection, vacant land and building, and claims and risk administration services; homeowners, automobile, valuables, umbrella liability, and recreational marine insurance; and wholesale excess and surplus lines property, casualty, environmental, professional liability, inland marine, and product recall coverages.
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