On Friday, Shares of Infosys Ltd ADR (NYSE:INFY), gained 2.53% to $18.62.
Infosys, declared that it has been awarded the ‘Corporate Citizen of the Year Award’ at the Economic Times (ET) Awards 2015. The ET Awards, considered one of India’s top business accolades, was endowed to Infosys for its exemplary Corporate Social Responsibility (CSR) initiatives, especially those focused on science and mathematics, undertaken by the Infosys Foundation, Infosys Foundation USA and Infosys Science Foundation.
Since its inception, Infosys has been committed to giving back to the communities where it has a presence. Mr. N. R. Narayana Murthy and the founders of the company were early to recognize the interdependence of society and business, the social consequence of an individual company’s actions on the ecosystem and promoted a mindset within the company that is supportive of sustainable growth.
The Infosys sustainability strategy forms the basis to run the business responsibly and successfully. The company’s sustainability agenda focuses on social, environment and economic dimensions, while echoing the company’s values, known in short as C-LIFE: Client value, Leadership by example, Integrity and transparency, Fairness, and Excellence.
Infosys Limited, together with its auxiliaries, provides business consulting, technology, engineering, and outsourcing services in North America, Europe, India, and internationally. Its solutions comprise business information technology (IT) services comprising application development and maintenance, independent validation services, infrastructure administration, business process administration, and engineering services comprising of product engineering and life cycle solutions; and consulting and systems integration services, counting consulting, enterprise solutions, systems integration, and advanced technologies.
Shares of Interpublic Group of Companies Inc (NYSE:IPG), inclined 0.99% to $22.40, during its last trading session.
Lesley Bielby has joined Hill Holliday as Chief Strategy Officer, Hill Holliday Chairman & CEO Karen Kaplan declared recently.
The move marks a return for Bielby; she formerly spent six years as Chief Strategy Officer at Hill Holliday, where she led departments in Boston and New York (2004–2010) with a focus on new business development. Wins during her tenure comprised Rockport, Smith Barney, Chili’s, Toys “R” Us, The American Red Cross, Bank of America, Merrill Lynch, and Novartis.
Bielby will join the agency’s senior leadership team and report to Kaplan.
Most recently, Bielby was Chief Strategy Officer at DiMassimo Goldstein in New York, in addition to Managing Director of Propolis—the in-house brand consulting and consumer research company. Over the course of her career, she has led strategy for iconic brands such as Weight Watchers, Sallie Mae, Mercedes-Benz, Oxford Healthcare, Audi, and Calvin Klein globally, in addition to upstart brands such as TradeStation, Online Trading Academy, and Caregiver Homes.
The Interpublic Group of Companies, Inc. provides advertising and marketing services. The company operates in two segments, Integrated Agency Networks and Constituency Administration Group. It offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines.
Finally, Shares of Ventas, Inc. (NYSE:VTR), ended its last trade with -5.52% loss, and closed at $55.16.
Ventas, declared that stated normalized Funds From Operations (“FFO”) for the quarter ended September 30, 2015 was $365.5 million, contrast to $332.8 million for the 2014 period. Stated normalized FFO per diluted common share was $1.09 for the quarter ended September 30, 2015. Weighted average diluted shares outstanding for the third quarter of 2015 raised to 336.3 million, contrast to 296.5 million in the third quarter of 2014.
These current and preceding period stated results comprise in suspended operations normalized FFO from the 355 properties that are now owned by Care Capital Properties, Inc. (“CCP”) (CCP). The spin-off of CCP as an independent, publicly traded company (the “Spin-Off”) was successfully accomplished on August 17, 2015. Ventas’s third quarter 2015 stated results comprise normalized FFO from those properties for the period July 1 – August 17, 2015.
On a comparable basis (“Comparable”), adjusting all current and preceding periods for the effects of the Spin-Off as if the Spin-Off were accomplished January 1, 2014, normalized FFO for the quarter ended September 30, 2015 totaled $330.1 million or $0.98 cents per diluted share, representing a Comparable per share growth rate of 7 percent contrast to the third quarter 2014.
Ventas, Inc. is a publicly owned real estate investment trust. The firm engages in investment, administration, financing, and leasing of properties in the healthcare industry. It invests in the real estate markets of the United States and Canada.
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