On Tuesday, Shares of Royal Dutch Shell plc (ADR) (NYSE:RDS.B), gained 0.95% to $44.80.
In advance of completion of its recommended combination with BG Group, Shell (RDS-A) (RDS-B) recently declared further details of the projected operational and administrative restructuring under consideration. Shell anticipates the restructuring will be required to achieve the predictable benefits of the recommended combination, counting formerly revealed and stated-on pre-tax synergies of $3.5 billion (subject to the bases of belief, principal assumptions and sources of information set out in the Appendix to the declaration made by Shell on 3 November 2015 providing investors with a planned update).
Shell’s expectation is that BG’s business would be integrated into Shell’s businesses. As part of that, Shell proposes that office consolidation will be undertaken where practical in certain locations around the world. With regards to office footprint rationalisation in the UK, Shell will, following deal completion, undertake a comprehensive review during the course of 2016.
Shell presently anticipates an overall potential reduction of about 2,800 roles globally across the combined group, or about 3% of the total combined group workforce. These reductions are in addition to the formerly declared plans to reduce Shell’s headcount and contractor positions by 7,500 globally.
Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids.
Shares of GrubHub Inc (NYSE:GRUB), inclined 4.48% to $24.00, during its last trading session.
Grub Hub, the nation’s leading online and mobile food-ordering and delivery platform, declared recently that its delivery service is available in the Phoenix market. Through GrubHub’s delivery service, restaurants in Phoenix, counting those that did not formerly offer delivery, can now expand their customer base and grow their order volume. GrubHub’s online ordering platform has been available to Phoenix area diners since 2011 and now with the addition of the company’s new delivery capabilities, Phoenix diners will be able to choose from even more local favorites.
GrubHub presently provides delivery services for more than 60 restaurants in Phoenix and Scottsdale, a number that will continue to grow, counting local favorites such as:
- Wadaa Street Tacos
- Arcadia Tavern
- Humble Pie - 7th Street
GrubHub’s national scale lowers the overall cost of delivery to diners, which, in turn, assists encourage diner loyalty. This allows restaurants to focus on making great food while GrubHub can assist to grow their business. GrubHub’s delivery service launched in June of 2014 and has since expanded to 30 markets. By the end of 2015, GrubHub anticipates that delivery will be available in more than 40 markets across the country.
GrubHub Inc., together with its auxiliaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company connects about 35,000 local restaurants with diners in about 900 cities.
Finally, Allscripts Healthcare Solutions Inc (NASDAQ:MDRX), ended its last trade with 2.15% gain, and closed at $14.70.
As the healthcare industry changes – patients are being asked to pay more of their healthcare cost through high deductible plans that comprise noteworthy co-pay and co-insurance requirements. Providers’ liability to collect is growing exponentially, which leads them to look for ways to manage this emerging revenue risk.
As a leader in patient engagement platforms, Allscripts declared self-pay capability as part of its patient engagement strategy - Allscripts Follow My Health®. Allscripts Payerpath® family of solutions powers this new benefit to offer a simplified online payment option from the same access point where patients engage with their healthcare information and care providers.
Allscripts Healthcare Solutions, Inc. provides clinical, financial, electronic health records (EHR), connectivity, hosting, outsourcing, analytics, patient engagement, and population health products and services in the United States and Canada. It operates in three segments: Clinical and Financial Solutions, Population Health, and Managed Services.
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