$HCSG (Healthcare Services Group Inc.)

$HCSG {{ '2016-10-12T13:06:11+0000' | timeago}} • Webcast

$HCSG said demand for services is strong. There is significant pent-up demand as the company heads into 2017. The company has always been able to maintain a 90% client retention rate and this has risen to a 95% level. These factors will help in terms of future growth opportunities going forward and $HCSG is positive on this front.

$HBAN {{ '2017-10-20T16:42:20+0000' | timeago}} • Announcement

$HBAN's BoD declared a quarterly cash dividend of $0.11 per common share, up $0.03 or 38%, from the prior quarter. The dividend is payable on Jan. 2, 2018 to shareholders of record on Dec. 18, 2017.

$URI {{ '2017-10-18T22:04:46+0000' | timeago}} • Infographic

$URI United Rentals, Inc. AlphaGraphics: Q3 2017 highlights

$URI {{ '2017-10-18T21:15:30+0000' | timeago}} • Announcement

As $URI posted 3Q17 results, United Rentals now sees total revenue at $6.53-6.63Bil for FY17.

$URI {{ '2017-10-18T21:13:02+0000' | timeago}} • Announcement

As United Rentals posted 3Q17 results, $URI now sees total revenue of $6.53-6.63Bil for FY17.

$FITB {{ '2017-10-18T16:05:09+0000' | timeago}} • Announcement

$FITB appointed Jed Scala as EVP and head of Payments and Commerce Solutions, and Siva Gowrishankar as SVP and head of credit strategy and optimization. Bridgit Chayt, SVP and director of wholesale payments, will now lead the Wholesale Payments and Treasury Management teams.

$KFY {{ '2017-10-17T19:29:28+0000' | timeago}} • Announcement

$KFY announced that Chad Astmann has joined the firm as Co-Head of Global Asset Management. He will be based in the firm’s New York office. Mr. Astmann joins $KFY from a global executive recruiting firm, where he was head of the North America Asset Management Practice and a member of the global Financial Services Practice.

$FITB {{ '2017-10-16T14:22:06+0000' | timeago}} • Announcement

$FITB announced a strategic relationship with $MA and AvidXchange to bring a best-in-class automated accounts payable solution to Fifth Third Bank's clients. As part of the relationship, Fifth Third will become the first bank to join The Mastercard B2B Hub powered by AvidXchange.

$BAC {{ '2017-10-13T19:10:55+0000' | timeago}} • Webcast

$BAC said it did not see a spike in loan defaults in 3Q17, unlike rivals such as $JPM and $C. However, the Charlotte, North Carolina- based company said it increased its provision for loan losses in the consumer banking segment by $269MM, keeping in mind the impact of hurricanes during the quarter.

$BAC {{ '2017-10-13T18:32:39+0000' | timeago}} • Webcast

Responding to a question whether $BAC would be able to hold the reins on costs in its Global Wealth and Investment Management business, the company said higher expenses are always attached to wealth management fee generation. In 3Q17, efficiency ratio for Wealth Management unit stood at 73%, much higher than Commercial Banking and Consumer units.

$BAC {{ '2017-10-13T18:07:59+0000' | timeago}} • Webcast

As part of its cost-cutting initiative, $BAC said it reduced workforce by 0.5% or 1,065 workers in 3Q17. The banking behemoth has cut over 80,000 jobs since CEO Brian Moynihan announced the initiative in 2011. Bank of America said it doesn't expect to see any more huge job cuts in the near future.

$BAC {{ '2017-10-13T13:15:17+0000' | timeago}} • Infographic

$BAC Bank of America Earnings AlphaGraphic: Q3 2017 Highlights

$BAC {{ '2017-10-13T12:14:49+0000' | timeago}} • Announcement

In 3Q17, $BAC witnessed revenue growth in three of its four segments. Revenue from its largest segment, Consumer Banking, increased 10%, while that from Global Wealth and Investment Management rose 6%. Global Banking segment revenue rose 5%, but revenue from Global Markets fell 11% during the quarter.

$BAC {{ '2017-10-13T12:07:34+0000' | timeago}} • Announcement

$BAC said its loans in 3Q17 totaled $927.1MM, while deposits came in at $1.284 trillion. Meanwhile, driven by higher commercial losses, $BAC's net charge-offs rose by $12Bil YoY to $900MM.

$BAC {{ '2017-10-13T12:02:32+0000' | timeago}} • Announcement

$BAC, the second largest US bank by assets, said sales and trading revenue fell 13% to $3.1Bil in 3Q17 due to unfavorable market conditions and lower volatility in rates products. Fixed-income trading revenue fell 22% to $2.15Bil. Earlier, rivals $C and $JPM had also reported 16% and 27% declines respectively in their fixed-income trading revenues.

$BAC {{ '2017-10-13T11:53:40+0000' | timeago}} • Announcement

In spite of weak bond trading business, $BAC reported 13% jump in net income in 3Q17 to $5.6Bil, or $0.48 per share. Meanwhile, riding on a 9% climb in Net Interest Income during the quarter, the banking giant managed to modestly lift its revenue up 1% to $22.08Bil.

$CGI {{ '2017-10-10T14:21:38+0000' | timeago}} • Announcement

$CGI appointed Kathleen Ross to its BoD. The board has determined that Ross is an independent director under NYSE Rule. Ross retired from $BAC in September 2016, where she served as a SVP in the bank's transportation and logistics group since 2008.

$KFY {{ '2017-10-05T17:39:20+0000' | timeago}} • Announcement

Advisory firm $KFY said it appointed Robert Wilkes as Senior Client Partner and Global Account Leader in its Financial Services Practice. Most recently, Wilkes served Willis Towers Watson, holding several leadership positions. Earlier, he worked as Head of Consulting at Thomsons Online Benefit.

$KFY {{ '2017-10-05T12:21:38+0000' | timeago}} • Announcement

$KFY said Carlos Martins has joined the firm as President of Hay Group, South America. He will be based in São Paulo. Martins joins Korn Ferry from a major global consulting firm where he led the People Advisory Services practice for South America.

$BAC {{ '2017-10-04T22:35:34+0000' | timeago}} • Announcement

$BAC announced that the 68th US Secretary of State, John F. Kerry, has joined the bank’s Global Advisory Council as Chairman. Secretary Kerry, a former US senator from Massachusetts, is currently Distinguished Fellow for Global Affairs at Yale University and Visiting Distinguished Statesman at the Carnegie Endowment for International Peace.

$PAYX {{ '2017-10-04T18:40:57+0000' | timeago}} • Webcast

$PAYX said that payroll service revenue is expected in the range of 1-2%, while it expects full-year payroll revenue growth to remain in this range due to the impact of Hurricane Harvey and Irma. The company added that the effects of Hurricane Harvey and Irma are expected to result in growth for 2Q18 that will be at the low-end of this range.

Recent Transcripts

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