On Monday, Shares of Banco Bradesco S.A. (NYSE:BBD), gained 5.55% to $6.09, as the real rebounded amid speculation that Brazil will intervene to stimulate the country’s sluggish economy.
After falling to a 13-year low last week, Brazil’s real raised by 1.3% against the dollar recently, amid speculation that the government will declare spending cuts and tax hikes totaling $17 billion, Reuters reports.
The austerity measures are aimed at closing the 30 billion reais gap in Brazil’s 2016 budget, sources told Reuters.
Banco Bradesco S.A. provides banking and financial products and services to individuals, companies, and corporations and institutions. The company operates through two segments, Banking; and Insurance, Pension Plans and Capitalization Bond.
Shares of Express Scripts Holding Company (NASDAQ:ESRX), declined -0.41% to $84.14, during its last trading session.
Express Scripts Holding Company declared George Paz will retire as Chief Executive Officer, effective following the company’s annual meeting of stockholders presently planned for May 2016, and current company President Tim Wentworth will take on the role of CEO. Mr. Paz will remain on the Board as non-executive Chairman following his retirement, and Thomas Mac Mahon will continue as Lead Independent Director.
Mr. Wentworth was named President of Express Scripts in February 2014. He has administration responsibility for all aspects of the company’s core business, and presently reports directly to Mr. Paz.
“I am honored to lead Express Scripts, a vital healthcare company powered by 30,000 people who are passionate about delivering the best pharmacy care to patients,” said Mr. Wentworth. “Every day, we put medicine within reach of 85 million people by uniquely combining innovative solutions, specialized care and focused, industry-leading scale. I am excited about our future and how we will continue to change healthcare, while delivering better value, service and care to clients and patients.”
“Tim is the right person to lead Express Scripts into the future,” said Mr. Paz. “I have a high level of confidence in Tim that is shared by all of us who have seen him drive performance. I look forward to working with Tim, our senior leadership team and our Board as we continue to deliver for clients, patients and shareholders.”
Express Scripts Holding Company operates as a pharmacy benefit administration (PBM) company in the United States and Canada. The company operates through two segments, PBM and Other Business Operations.
Shares of Hertz Global Holdings, Inc. (NYSE:HTZ), declined -1.58% to $18.02, during its last trading session.
Team Penske and Hertz will debut a new livery on the No. 22 Ford Mustang driven by Joey Logano for the forthcoming NASCAR Xfinity Series (NXS) event at Darlington Raceway on Saturday, Sept. 5. As part of the overall throwback weekend at Darlington Raceway, the car’s new paint scheme will be an ode to the famed Hertz / Shelby GT350H “Rent-A-Racer” program from the 1960s and will feature a black scheme with gold racing stripes.
Nearly 50 years ago, Carroll Shelby and The Hertz Corporation devised a popular plan to assist get select high-performance, special-edition Shelby Mustangs into the hands of rental customers who also happened to be car enthusiasts. Ford supplied the new Mustangs with V-8 engines and mostly automatic transmissions while Shelby added extra performance and style, and Hertz gave the public access to the kind of unique driving experience that one would normally only find on a racetrack. Recently, the story of the Shelby/Hertz “Rent-A-Racer” is legendary, and existing Shelby GT350H Mustangs are among the most sought-after collector cars in the world.
Hertz Global Holdings, Inc., through its auxiliaries, rents and leases cars and trucks in the United States and internationally. It operates in four segments: U.S. Car Rental, International Car Rental, Worldwide Equipment Rental, and All Other Operations.
Finally, Colgate-Palmolive Co. (NYSE:CL), ended its last trade with 0.31% gain, and closed at $62.11.
The Board of Directors of Colgate-Palmolive Company declared a quarterly cash dividend of $0.38 per common share, payable on November 16, 2015, to shareholders of record on October 23, 2015. The Company has paid uninterrupted dividends on its common stock since 1895.
Separately, the Company also declared recently that Lorrie Norrington, Operating Partner, Lead Edge Capital LLC, was elected to Colgate’s Board of Directors effective September 9, 2015.
Ms. Norrington, 55, brings over 30 years of operational leadership experience and in-depth knowledge of the technology, e-commerce and consumer software industries. Before joining Lead Edge, Ms. Norrington served as President of Global eBay Marketplaces, Chief Operating Officer of eBay Marketplaces and President of eBay International, in Europe and Asia. Before joining eBay, Ms. Norrington held senior positions at Intuit, Inc. and held a number of global roles at General Electric Company over an almost 20-year period.
Colgate-Palmolive Company, together with its auxiliaries, manufactures and markets consumer products worldwide. It operates in two segments: Oral, Personal and Home Care; and Pet Nutrition.
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